Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
DeNardo Education and
Research Foundation
Number and street (or P.O. box number if mail is not delivered to street address)2140 S Dupont Hwy
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Camden, DE19934
A Employer identification number

46-1526435
B Telephone number (see instructions)

(888) 272-3725
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$6,086,953J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 4,102,427
2 Check right arrow.............
3 Interest on savings and temporary cash investments 28 28 28
4 Dividends and interest from securities... 118,138 118,138 118,138
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 171,551
b Gross sales price for all assets on line 6a 4,641,344
7 Capital gain net income (from Part IV, line 2)... 171,551
8 Net short-term capital gain......... 38,895
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,392,144 289,717 157,061
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
750 325   325
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
17,158 16,964   194
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
478 478    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 18,386 17,767   519
25 Contributions, gifts, grants paid....... 215,000 215,000
26 Total expenses and disbursements. Add lines 24 and 25 233,386 17,767   215,519
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,158,758
b Net investment income (if negative, enter -0-) 271,950
c Adjusted net income (if negative, enter -0-)... 157,061
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............   919 919
2 Savings and temporary cash investments......... 189,009 34,988 34,988
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 379,315 Click to see attachment
List of Attached Documents:
// Content
3,515,257 		4,151,324
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 738,128 Click to see attachment
List of Attached Documents:
// Content
1,914,046 		1,899,722
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,306,452 5,465,210 6,086,953
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 1,306,452 5,465,210
29 Total net assets or fund balances (see instructions)..... 1,306,452 5,465,210
30 Total liabilities and net assets/fund balances (see instructions). 1,306,452 5,465,210
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,306,452
2
Enter amount from Part I, line 27a .....................
2
4,158,758
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
5,465,210
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,465,210
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 1 ACCENTURE PLC IRELAND CL A P 2023-09-20 2024-08-02
b 29 ACCENTURE PLC IRELAND CL A P 2024-04-02 2024-08-02
c 319 ACCENTURE PLC IRELAND CL A P 2024-06-12 2024-08-02
d 15 ACCENTURE PLC IRELAND CL A P 2022-07-28 2024-08-02
e 14 ACCENTURE PLC IRELAND CL A P 2022-10-25 2024-08-02
39 ADOBE INC P 2024-06-12 2024-11-07
2 AES CORP P 2023-12-06 2024-04-12
1400 AES CORP P 2023-12-06 2024-04-12
1012 AES CORP P 2024-04-02 2024-04-12
608 AES CORP P 2024-04-08 2024-04-12
3431.823 AMERICAN HIGH INCOME TRUST F2 P 2024-03-19 2024-06-12
406.943 AMERICAN HIGH INCOME TRUST F2 P 2024-03-19 2024-04-02
1434.952 AMERICAN HIGH INCOME TRUST F2 P 2023-01-11 2024-04-02
347.205 AMERICAN HIGH INCOME TRUST F2 P 2023-01-20 2024-04-02
428.701 AMERICAN HIGH INCOME TRUST F2 P 2023-02-23 2024-04-02
33 APPLE INC P 2018-12-26 2024-06-12
122 BOEING CO P 2024-03-19 2024-04-02
60 BOEING CO P 2024-03-19 2024-04-02
283 CONS STAPLES SEL SECT SPDR FD P 2024-03-19 2024-06-12
475 CONS STAPLES SEL SECT SPDR FD P 2024-03-19 2024-06-12
818 CONS STAPLES SEL SECT SPDR FD P 2024-03-19 2024-04-02
96 CONSTELLATION BRANDS INC CL A P 2024-02-02 2024-11-07
12 CONSTELLATION BRANDS INC CL A P 2024-04-08 2024-11-07
415 CONSTELLATION BRANDS INC CL A P 2024-06-12 2024-11-07
64 CONSTELLATION BRANDS INC CL A P 2024-04-02 2024-10-08
34 CONSTELLATION BRANDS INC CL A P 2024-04-08 2024-10-08
322 ENERGY SEL SECT SPDR FD P 2024-03-19 2024-06-12
217 EXXON MOBIL CORP P 2023-10-05 2024-06-12
143 EXXON MOBIL CORP P 2024-04-02 2024-06-12
93 EXXON MOBIL CORP P 2024-04-08 2024-06-12
419 FT NASDAQ CYBERSECUR ETF P 2023-09-07 2024-06-12
1024 FT NASDAQ CYBERSECUR ETF P 2024-03-19 2024-06-12
556 HEALTH CARE SEL SECT SPDR FD P 2024-03-19 2024-06-11
41 HEALTH CARE SEL SECT SPDR FD P 2024-03-19 2024-06-11
118 HEALTH CARE SEL SECT SPDR FD P 2022-03-18 2024-06-11
93 HEALTH CARE SEL SECT SPDR FD P 2022-06-27 2024-06-11
24 HEALTH CARE SEL SECT SPDR FD P 2022-07-12 2024-06-11
23 HEALTH CARE SEL SECT SPDR FD P 2022-07-15 2024-06-11
18 HEALTH CARE SEL SECT SPDR FD P 2022-08-16 2024-06-11
12 HEALTH CARE SEL SECT SPDR FD P 2022-09-28 2024-06-11
1 HUMANA INC P 2023-04-21 2024-04-12
6 HUMANA INC P 2023-09-20 2024-04-12
54 HUMANA INC P 2024-04-02 2024-04-12
36 HUMANA INC P 2024-04-08 2024-04-12
29 HUMANA INC P 2023-02-27 2024-04-12
1 HUMANA INC P 2023-03-22 2024-04-12
3 HUMANA INC P 2023-04-03 2024-04-12
16 INTERCONTINENTAL EXCHANGE INC P 2024-04-12 2024-06-12
188 INVESCO S&P 500 EQUAL WEIGHT E P 2023-08-17 2024-06-12
378 INVESCO S&P 500 EQUAL WEIGHT E P 2024-03-19 2024-06-12
469 INVESCO S&P 500 EQUAL WEIGHT E P 2024-03-19 2024-06-12
8 ISHARES 10-20 YR TREASU BD ETF P 2024-03-19 2024-08-01
47 ISHARES 10-20 YR TREASU BD ETF P 2023-06-15 2024-06-12
433 ISHARES 10-20 YR TREASU BD ETF P 2024-03-19 2024-06-12
53 ISHARES 10-20 YR TREASU BD ETF P 2023-06-15 2024-04-08
190 ISHARES 10-20 YR TREASU BD ETF P 2023-06-14 2024-04-02
6 ISHARES 10-20 YR TREASU BD ETF P 2023-06-15 2024-04-02
83 ISHARES 10-20 YR TREASU BD ETF P 2023-06-15 2024-01-12
356 ISHARES 20+ YR TREASU BOND ETF P 2024-03-19 2024-09-19
10 ISHARES 20+ YR TREASU BOND ETF P 2024-03-19 2024-08-01
68 ISHARES 20+ YR TREASU BOND ETF P 2023-07-28 2024-06-12
466 ISHARES 20+ YR TREASU BOND ETF P 2024-03-19 2024-06-12
6 ISHARES 20+ YR TREASU BOND ETF P 2023-07-06 2024-04-08
49 ISHARES 20+ YR TREASU BOND ETF P 2023-07-28 2024-04-08
204 ISHARES 20+ YR TREASU BOND ETF P 2023-07-06 2024-04-02
103 ISHARES 20+ YR TREASU BOND ETF P 2023-07-28 2024-01-12
202 ISHARES CORE S&P 500 ETF P 2024-03-26 2024-06-12
179 ISHARES CORE S&P 500 ETF P 2024-03-26 2024-06-12
171 ISHARES CORE S&P 500 ETF P 2024-03-26 2024-06-12
67 ISHARES CORE S&P 500 ETF P 2024-03-26 2024-06-12
181 ISHARES CORE S&P 500 ETF P 2024-03-26 2024-06-12
10 ISHARES CORE S&P 500 ETF P 2018-09-10 2024-06-12
35 ISHARES CORE S&P 500 ETF P 2018-10-03 2024-06-12
5 ISHARES CORE S&P 500 ETF P 2019-11-14 2024-06-12
2 ISHARES CORE S&P 500 ETF P 2020-04-07 2024-06-12
24 ISHARES CORE S&P 500 ETF P 2020-04-14 2024-06-12
29 ISHARES CORE S&P 500 ETF P 2020-06-17 2024-06-12
13 ISHARES CORE S&P 500 ETF P 2020-11-03 2024-06-12
36 ISHARES CORE S&P 500 ETF P 2020-11-04 2024-06-12
12 ISHARES CORE S&P 500 ETF P 2021-01-22 2024-06-12
24 ISHARES CORE S&P 500 ETF P 2021-02-26 2024-06-12
6 ISHARES CORE S&P 500 ETF P 2021-03-19 2024-06-12
7 ISHARES CORE S&P 500 ETF P 2021-04-01 2024-06-12
22 ISHARES CORE S&P 500 ETF P 2021-09-30 2024-06-12
24 ISHARES CORE S&P 500 ETF P 2021-10-14 2024-06-12
15 ISHARES CORE S&P 500 ETF P 2021-10-19 2024-06-12
14 ISHARES CORE S&P 500 ETF P 2021-11-03 2024-06-12
33 ISHARES CORE S&P 500 ETF P 2022-10-25 2024-06-12
152 ISHARES CORE U.S. AGGREGATE P 2024-03-26 2024-08-01
277 ISHARES CORE U.S. AGGREGATE P 2024-01-12 2024-06-12
303 ISHARES CORE U.S. AGGREGATE P 2024-03-26 2024-06-12
210 ISHARES CORE U.S. AGGREGATE P 2024-01-12 2024-04-08
33 ISHARES CORE U.S. AGGREGATE P 2022-12-07 2024-04-08
68 ISHARES CORE U.S. AGGREGATE P 2023-01-04 2024-04-08
270 ISHARES CORE U.S. AGGREGATE P 2022-12-05 2024-04-02
27 ISHARES CORE U.S. AGGREGATE P 2022-12-07 2024-04-02
26 ISHARES IBOXX INVEST GR COR BD P 2023-08-17 2024-06-12
368 ISHARES IBOXX INVEST GR COR BD P 2024-03-19 2024-06-12
209 ISHARES IBOXX INVEST GR COR BD P 2023-08-17 2024-04-02
7 ISHARES MBS ETF P 2023-07-28 2024-06-12
327 ISHARES MBS ETF P 2024-03-19 2024-06-12
112 ISHARES MBS ETF P 2023-06-14 2024-04-02
112 ISHARES MBS ETF P 2023-07-28 2024-04-02
154 ISHARES MSCI ACWI EX US ETF P 2023-03-30 2024-02-02
266 ISHARES MSCI ACWI EX US ETF P 2022-11-04 2024-02-02
873 ISHARES MSCI ACWI EX US ETF P 2022-11-10 2024-02-02
269 ISHARES MSCI ACWI EX US ETF P 2022-11-11 2024-02-02
142 ISHARES MSCI ACWI EX US ETF P 2023-03-30 2024-01-12
1390 ISHARES N AMERICAN TECH SOFT P 2024-03-19 2024-06-12
5 ISHARES N AMERICAN TECH SOFT P 2024-03-19 2024-06-12
450 ISHARES N AMERICAN TECH SOFT P 2023-04-12 2024-06-12
643 ISHARES S&P MIDCAP 400 INDEX P 2024-03-19 2024-06-12
2210 ISHARES S&P MIDCAP 400 INDEX P 2024-03-19 2024-06-12
675 ISHARES S&P MIDCAP 400 INDEX P 2024-03-19 2024-06-12
205 ISHARES S&P MIDCAP 400 INDEX P 2022-09-29 2024-06-12
545 ISHARES S&P MIDCAP 400 INDEX P 2022-10-05 2024-06-12
815 ISHARES S&P MIDCAP 400 INDEX P 2022-10-17 2024-06-12
10 ISHARES S&P MIDCAP 400 INDEX P 2024-03-19 2024-06-07
132 ISHARES S&P MIDCAP 400 INDEX P 2024-03-19 2024-06-07
91 ISHARES US AEROSPACE & DEF ETF P 2024-03-19 2024-06-12
88 ISHARES US AEROSPACE & DEF ETF P 2024-03-19 2024-06-12
557 ISHARES US AEROSPACE & DEF ETF P 2024-03-19 2024-06-12
95 ISHARES US AEROSPACE & DEF ETF P 2022-09-28 2024-06-12
183 ISHARES US AEROSPACE & DEF ETF P 2022-10-17 2024-06-12
11 ISHARES US AEROSPACE & DEF ETF P 2022-10-17 2024-02-21
49 ISHARES US AEROSPACE & DEF ETF P 2022-10-25 2024-02-21
9 ISHARES US AEROSPACE & DEF ETF P 2023-01-20 2024-02-21
3062.597 JPMORGAN CORE BOND I P 2024-03-19 2024-06-12
1031.053 JPMORGAN CORE BOND I P 2024-01-12 2024-04-08
1237.372 JPMORGAN CORE BOND I P 2024-03-19 2024-04-08
558.109 JPMORGAN CORE BOND I P 2024-01-12 2024-04-02
1917.139 JPMORGAN CORE BOND I P 2023-01-09 2024-04-02
1999.519 LOOMIS SAYLES INVST GRADE BD Y P 2024-03-19 2024-08-01
813.269 LOOMIS SAYLES INVST GRADE BD Y P 2024-03-19 2024-08-01
1638.223 LOOMIS SAYLES INVST GRADE BD Y P 2024-01-12 2024-06-12
5664.141 LOOMIS SAYLES INVST GRADE BD Y P 2024-03-19 2024-06-12
110.453 LOOMIS SAYLES INVST GRADE BD Y P 2023-01-20 2024-06-12
1354.502 LOOMIS SAYLES INVST GRADE BD Y P 2023-01-11 2024-04-08
534.166 LOOMIS SAYLES INVST GRADE BD Y P 2023-01-20 2024-04-08
45.881 LOOMIS SAYLES INVST GRADE BD Y P 2024-03-19 2024-08-01
67.83 LOOMIS SAYLES INVST GRADE BD Y P 2024-03-19 2024-08-01
58.717 LOOMIS SAYLES INVST GRADE BD Y P 2024-03-19 2024-08-01
69.4 LOOMIS SAYLES INVST GRADE BD Y P 2024-03-19 2024-08-01
70.637 LOOMIS SAYLES INVST GRADE BD Y P 2024-03-19 2024-08-01
79.251 LOOMIS SAYLES INVST GRADE BD Y P 2024-03-19 2024-08-01
87.632 LOOMIS SAYLES INVST GRADE BD Y P 2024-03-19 2024-08-01
65.589 LOOMIS SAYLES INVST GRADE BD Y P 2024-03-19 2024-08-01
174 LOWES COMPANIES INC P 2024-03-19 2024-08-02
334 LOWES COMPANIES INC P 2024-06-12 2024-08-02
53 LOWES COMPANIES INC P 2020-08-20 2024-08-02
5 LOWES COMPANIES INC P 2020-08-25 2024-08-02
266 MASTERCARD INC CL A P 2024-06-12 2024-09-04
49 MONGODB INC CL A P 2024-02-02 2024-06-04
73 MONGODB INC CL A P 2024-04-02 2024-06-04
31 MONGODB INC CL A P 2024-04-08 2024-06-04
362 NEXTERA ENERGY INC P 2024-04-02 2024-11-07
168 NEXTERA ENERGY INC P 2024-04-08 2024-11-07
1 NEXTERA ENERGY INC P 2024-04-12 2024-11-07
508 NEXTERA ENERGY INC P 2024-06-12 2024-11-07
321 NEXTERA ENERGY INC P 2023-10-26 2024-11-07
168 OCCIDENTAL PETROLEUM CORP DE P 2023-10-05 2024-10-01
321 OCCIDENTAL PETROLEUM CORP DE P 2024-04-02 2024-10-01
160 OCCIDENTAL PETROLEUM CORP DE P 2024-04-08 2024-10-01
506 OCCIDENTAL PETROLEUM CORP DE P 2024-06-12 2024-10-01
150 OCCIDENTAL PETROLEUM CORP DE P 2023-09-20 2024-10-01
3212.318 PIMCO GNMA&GOV SECURITIES I2 P 2024-03-19 2024-06-12
1125.527 PIMCO GNMA&GOV SECURITIES I2 P 2023-06-14 2024-04-02
1197.634 PIMCO GNMA&GOV SECURITIES I2 P 2023-07-28 2024-04-02
165.769 PIMCO GNMA&GOV SECURITIES I2 P 2024-03-19 2024-04-02
4145.639 PIMCO INCOME I2 P 2024-03-19 2024-06-12
728.3 PIMCO INCOME I2 P 2024-01-12 2024-04-08
1237.049 PIMCO INCOME I2 P 2024-03-19 2024-04-08
454.467 PIMCO INCOME I2 P 2023-08-17 2024-04-02
2205.991 PIMCO INCOME I2 P 2024-01-12 2024-04-02
1.066 PIMCO INCOME I2 P 2023-08-31 2024-04-02
2.428 PIMCO INCOME I2 P 2023-09-29 2024-04-02
2.484 PIMCO INCOME I2 P 2023-10-31 2024-04-02
2.406 PIMCO INCOME I2 P 2023-11-30 2024-04-02
4610 PROSHARES SHORT QQQ P 2024-08-02 2024-09-19
28 THE CIGNA GROUP P 2024-04-02 2024-10-08
77 THE CIGNA GROUP P 2024-06-12 2024-10-08
16 THERMO FISHER SCIENTIFIC P 2024-04-02 2024-11-07
21 THERMO FISHER SCIENTIFIC P 2024-04-08 2024-11-07
116 THERMO FISHER SCIENTIFIC P 2024-06-12 2024-11-07
25 THERMO FISHER SCIENTIFIC P 2022-10-25 2024-11-07
9 THERMO FISHER SCIENTIFIC P 2023-09-14 2024-11-07
4 THERMO FISHER SCIENTIFIC P 2022-10-25 2024-01-12
2068.049 THORNBURG LIMITED-TRM INC INST P 2024-03-19 2024-08-01
160.531 THORNBURG LIMITED-TRM INC INST P 2024-03-19 2024-08-01
455.456 THORNBURG LIMITED-TRM INC INST P 2024-01-12 2024-06-12
3038.947 THORNBURG LIMITED-TRM INC INST P 2024-03-19 2024-06-12
290.487 THORNBURG LIMITED-TRM INC INST P 2023-04-11 2024-04-08
756.106 THORNBURG LIMITED-TRM INC INST P 2024-01-12 2024-04-08
1292.779 THORNBURG LIMITED-TRM INC INST P 2022-12-20 2024-04-08
14.042 THORNBURG LIMITED-TRM INC INST P 2023-01-20 2024-04-08
21.924 THORNBURG LIMITED-TRM INC INST P 2024-03-19 2024-08-01
24.898 THORNBURG LIMITED-TRM INC INST P 2024-03-19 2024-08-01
28.111 THORNBURG LIMITED-TRM INC INST P 2024-03-19 2024-08-01
34.549 THORNBURG LIMITED-TRM INC INST P 2024-03-19 2024-08-01
26.541 THORNBURG LIMITED-TRM INC INST P 2024-03-19 2024-08-01
39.111 THORNBURG LIMITED-TRM INC INST P 2024-03-19 2024-08-01
38.243 THORNBURG LIMITED-TRM INC INST P 2024-03-19 2024-08-01
40.036 THORNBURG LIMITED-TRM INC INST P 2024-03-19 2024-08-01
39.341 THORNBURG LIMITED-TRM INC INST P 2024-03-19 2024-08-01
37.097 THORNBURG LIMITED-TRM INC INST P 2024-03-19 2024-08-01
1160.4 THORNBURG STRATEGIC INC I P 2024-01-12 2024-06-12
5044.883 THORNBURG STRATEGIC INC I P 2024-03-19 2024-06-12
202.704 THORNBURG STRATEGIC INC I P 2023-04-11 2024-06-12
129.11 THORNBURG STRATEGIC INC I P 2023-04-11 2024-04-08
1455.247 THORNBURG STRATEGIC INC I P 2022-12-20 2024-04-08
15.94 THORNBURG STRATEGIC INC I P 2023-01-20 2024-04-08
8 UNITED RENTALS INC P 2024-04-02 2024-08-02
162 UNITED RENTALS INC P 2024-06-12 2024-08-02
18 UNITED RENTALS INC P 2022-08-09 2024-08-02
14 UNITED RENTALS INC P 2022-10-25 2024-08-02
1 UNITED RENTALS INC P 2023-04-05 2024-08-02
437 UTILITIES SEL SECT SPDR FUND P 2024-03-19 2024-06-12
717 UTILITIES SEL SECT SPDR FUND P 2024-03-19 2024-04-02
32 UTILITIES SEL SECT SPDR FUND P 2024-03-19 2024-04-02
147 VANECK SEMICONDUCTOR P 2024-03-19 2024-06-12
108 VANECK SEMICONDUCTOR P 2024-03-19 2024-06-12
190 VANECK SEMICONDUCTOR P 2024-03-19 2024-04-02
100 VULCAN MATERIALS CO P 2024-03-19 2024-04-02
109 WALT DISNEY CO HLDG CO P 2024-03-19 2024-04-02
46 WALT DISNEY CO HLDG CO P 2024-03-19 2024-04-02
63 WALT DISNEY CO HLDG CO P 2024-03-19 2024-04-02
370 WESTERN DIGITAL CORPORATION P 2024-02-02 2024-06-12
251 WESTERN DIGITAL CORPORATION P 2024-04-02 2024-06-12
426 WISDOMTREE TRUST JAPN HEDGE EQ P 2023-06-07 2024-04-02
122 WISDOMTREE TRUST JAPN HEDGE EQ P 2023-07-28 2024-04-02
28 WISDOMTREE TRUST JAPN HEDGE EQ P 2024-03-19 2024-04-02
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 322   317 5
b 9,352   9,778 -426
c 102,872   91,224 11,648
d 4,837   4,561 276
e 4,515   3,915 600
19,544   17,936 1,608
34   36 -2
23,619   25,133 -1,514
17,073   17,998 -925
10,258   11,096 -838
32,980   32,705 275
3,874   3,878 -4
13,661   13,331 330
3,305   3,229 76
4,081   3,914 167
7,048   1,269 5,779
22,943   22,099 844
11,283   10,868 415
21,737   21,434 303
36,484   35,977 507
61,615   61,955 -340
22,417   24,106 -1,689
2,802   3,197 -395
96,905   104,761 -7,856
15,419   17,104 -1,685
8,191   9,057 -866
28,858   29,682 -824
24,124   23,653 471
15,897   17,008 -1,111
10,339   11,312 -973
23,114   19,680 3,434
56,488   57,149 -661
81,408   81,054 354
6,003   5,977 26
17,277   16,101 1,176
13,617   12,076 1,541
3,514   3,088 426
3,368   2,995 373
2,636   2,411 225
1,757   1,492 265
312   491 -179
1,870   2,915 -1,045
16,828   16,463 365
11,219   11,376 -157
9,037   14,707 -5,670
312   503 -191
935   1,531 -596
2,181   2,128 53
31,091   27,795 3,296
62,512   62,434 78
77,561   77,465 96
853   827 26
4,855   5,213 -358
44,725   44,738 -13
5,407   5,879 -472
19,476   20,923 -1,447
615   666 -51
8,863   9,207 -344
35,257   33,080 2,177
955   929 26
6,293   6,787 -494
43,124   43,301 -177
549   599 -50
4,482   4,891 -409
18,791   20,350 -1,559
9,940   10,281 -341
109,758   105,278 4,480
97,261   93,291 3,970
92,914   89,122 3,792
36,405   34,919 1,486
98,348   94,334 4,014
5,434   2,905 2,529
19,018   10,286 8,732
2,717   1,556 1,161
1,087   546 541
13,041   6,817 6,224
15,757   9,097 6,660
7,064   4,408 2,656
19,561   12,498 7,063
6,520   4,622 1,898
13,041   9,268 3,773
3,260   2,363 897
3,804   2,808 996
11,954   9,493 2,461
13,041   10,649 2,392
8,150   6,775 1,375
7,607   6,525 1,082
17,931   12,711 5,220
15,077   14,856 221
26,961   27,452 -491
29,491   29,615 -124
20,295   20,812 -517
3,189   3,290 -101
6,572   6,668 -96
26,155   26,607 -452
2,616   2,692 -76
2,804   2,689 115
39,693   39,722 -29
22,431   21,617 814
644   650 -6
30,106   30,045 61
10,252   10,436 -184
10,252   10,395 -143
7,746   7,487 259
13,380   11,381 1,999
43,913   38,955 4,958
13,531   12,213 1,318
7,163   6,904 259
115,149   118,331 -3,182
414   426 -12
37,278   26,979 10,299
37,891   37,808 83
130,232   129,948 284
39,777   39,690 87
12,080   9,048 3,032
32,116   25,268 6,848
48,027   37,495 10,532
584   588 -4
7,714   7,762 -48
12,282   11,670 612
11,877   11,285 592
75,175   71,430 3,745
12,822   8,984 3,838
24,698   17,488 7,210
1,375   1,051 324
6,126   5,066 1,060
1,125   984 141
31,055   31,024 31
10,372   10,610 -238
12,448   12,535 -87
5,631   5,743 -112
19,344   19,785 -441
19,935   19,575 360
8,108   7,962 146
16,087   16,251 -164
55,622   55,452 170
1,085   1,097 -12
13,179   13,355 -176
5,197   5,304 -107
457   449 8
676   664 12
585   575 10
692   679 13
704   692 12
790   776 14
874   858 16
654   642 12
41,458   43,155 -1,697
79,581   75,273 4,308
12,628   8,414 4,214
1,191   830 361
128,102   117,851 10,251
11,401   21,316 -9,915
16,984   25,355 -8,371
7,213   11,180 -3,967
27,010   22,732 4,278
12,535   10,883 1,652
75   63 12
37,904   36,792 1,112
23,951   18,577 5,374
8,946   9,989 -1,043
17,093   21,526 -4,433
8,520   11,049 -2,529
26,944   30,565 -3,621
7,987   9,657 -1,670
29,939   29,842 97
10,445   10,456 -11
11,114   11,126 -12
1,538   1,540 -2
43,654   43,695 -41
7,676   7,742 -66
13,039   13,039  
4,799   4,681 118
23,295   23,450 -155
11   11  
26   25 1
26   25 1
25   25  
186,105   200,392 -14,287
9,650   10,136 -486
26,538   25,884 654
8,892   9,142 -250
11,671   12,143 -472
64,467   66,813 -2,346
13,894   12,882 1,012
5,002   4,636 366
2,174   2,061 113
26,885   26,409 476
2,087   2,050 37
5,834   5,848 -14
38,929   38,807 122
3,704   3,692 12
9,640   9,708 -68
16,483   16,186 297
179   178 1
285   280 5
324   318 6
365   359 6
449   441 8
345   339 6
508   499 9
497   488 9
520   511 9
511   502 9
482   474 8
13,159   13,205 -46
57,209   57,007 202
2,299   2,282 17
1,455   1,454 1
16,401   16,168 233
180   179 1
5,342   5,540 -198
108,175   101,342 6,833
12,019   5,752 6,267
9,348   4,131 5,217
668   350 318
30,608   27,876 2,732
46,870   45,737 1,133
2,092   2,041 51
38,754   32,017 6,737
28,472   23,522 4,950
42,750   41,382 1,368
26,697   26,901 -204
13,437   12,482 955
5,671   5,267 404
7,766   7,214 552
29,326   21,480 7,846
19,894   17,279 2,615
45,430   33,667 11,763
13,011   10,353 2,658
2,986   3,002 -16
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       5
b       -426
c       11,648
d       276
e       600
      1,608
      -2
      -1,514
      -925
      -838
      275
      -4
      330
      76
      167
      5,779
      844
      415
      303
      507
      -340
      -1,689
      -395
      -7,856
      -1,685
      -866
      -824
      471
      -1,111
      -973
      3,434
      -661
      354
      26
      1,176
      1,541
      426
      373
      225
      265
      -179
      -1,045
      365
      -157
      -5,670
      -191
      -596
      53
      3,296
      78
      96
      26
      -358
      -13
      -472
      -1,447
      -51
      -344
      2,177
      26
      -494
      -177
      -50
      -409
      -1,559
      -341
      4,480
      3,970
      3,792
      1,486
      4,014
      2,529
      8,732
      1,161
      541
      6,224
      6,660
      2,656
      7,063
      1,898
      3,773
      897
      996
      2,461
      2,392
      1,375
      1,082
      5,220
      221
      -491
      -124
      -517
      -101
      -96
      -452
      -76
      115
      -29
      814
      -6
      61
      -184
      -143
      259
      1,999
      4,958
      1,318
      259
      -3,182
      -12
      10,299
      83
      284
      87
      3,032
      6,848
      10,532
      -4
      -48
      612
      592
      3,745
      3,838
      7,210
      324
      1,060
      141
      31
      -238
      -87
      -112
      -441
      360
      146
      -164
      170
      -12
      -176
      -107
      8
      12
      10
      13
      12
      14
      16
      12
      -1,697
      4,308
      4,214
      361
      10,251
      -9,915
      -8,371
      -3,967
      4,278
      1,652
      12
      1,112
      5,374
      -1,043
      -4,433
      -2,529
      -3,621
      -1,670
      97
      -11
      -12
      -2
      -41
      -66
       
      118
      -155
       
      1
      1
       
      -14,287
      -486
      654
      -250
      -472
      -2,346
      1,012
      366
      113
      476
      37
      -14
      122
      12
      -68
      297
      1
      5
      6
      6
      8
      6
      9
      9
      9
      9
      8
      -46
      202
      17
      1
      233
      1
      -198
      6,833
      6,267
      5,217
      318
      2,732
      1,133
      51
      6,737
      4,950
      1,368
      -204
      955
      404
      552
      7,846
      2,615
      11,763
      2,658
      -16
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 171,551
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 38,895
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 3,780
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 3,780
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,780
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 865
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 865
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 2,915
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowDE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowThe Foundation Telephone no.right arrow (916) 434-1662

Located atright arrow2410 S Dupont HwyCamdenDE ZIP+4right arrow19934
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Sally DeNardo President
3.00 		0    
119 Segolily Ct
Lincoln,CA95648
David G DeNardo Officer
3.00 		0    
9611 Engel Lane
Olivette,MO63132
Peter DeNardo Officer
0.00 		0    
593 Toscanna Crt
Brentwood,CA94513
Diane DeNardo Mahoney Officer
0.00 		0    
10351 Ponderosa Way
Pine Grove,CA95665
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
0
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
0
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
0
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
0
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
0
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
3,780
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,780
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,780
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
3,780
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
0
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
215,519
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
215,519
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 0
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 125,302
b From 2020...... 129,460
c From 2021...... 90,695
d From 2022...... 143,469
e From 2023...... 147,989
f Total of lines 3a through e ........ 636,915
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 215,519
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus 215,519
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 852,434
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		125,302
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		727,132
10 Analysis of line 9:
a Excess from 2020.... 129,460
b Excess from 2021.... 90,695
c Excess from 2022.... 143,469
d Excess from 2023.... 147,989
e Excess from 2024.... 215,519
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

WU School of Medicine

660 S Euclid Ave
St Louis,MO63110 		None PC General/Unrestricted 75,000

St Louis University

1 North Grand Blvd
St Louis,MO63103 		None PC General/Unrestricted 75,000
Santa Clara University


500 El Camion Real
Santa Clara,CA95053 		None PC General/Unrestricted 65,000
Total .................................right arrow 3a 215,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 28  
4 Dividends and interest from securities ....     14 118,138  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		        171,551
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   118,166 171,551
13Total. Add line 12, columns (b), (d), and (e)..................
13
289,717
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID: 24020490
Software Version: 2024v5.1


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
DeNardo Education and
Research Foundation
Employer identification number

46-1526435
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
DeNardo Education and
Research Foundation 		Employer identification number
46-1526435
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Estate of Gerald DeNardo
119 Segolily Court
 
Lincoln, CA95648

$ 4,102,427


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
DeNardo Education and
Research Foundation 		Employer identification number

46-1526435
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ROTH IRA account $ 4,102,427 2024-03-19
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
DeNardo Education and
Research Foundation 		Employer identification number

46-1526435
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID: 24020490
Software Version: 2024v5.1

TY 2024 AccountingFeesSchedule
Name:
DeNardo Education and
 
Research Foundation
EIN:
46-1526435
Software ID:
24020490
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting 750 325 0 325

TY 2024 InvestmentsCorpStockSchedule
Name:
DeNardo Education and
 
Research Foundation
EIN:
46-1526435
Software ID:
24020490
Software Version:
2024v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
Alphabet Inc 139,893 178,131
Microsoft Corp 155,365 169,021
Visa Inc 70,955 91,652
Apple Inc 173,457 229,635
Amazon.Com 219,667 269,850
ServiceNow Inc 106,450 156,898
Broadcom Inc 131,595 243,432
Nividia Corp 83,893 168,937
Cigna Corp 77,092 67,654
Coca Cola 115,501 116,551
Lockheed Martin Corp 105,578 113,710
Parker Hannifin Corp 63,774 82,048
Adobe 99,798 96,496
Citigroup Inc 106,866 110,372
Eaton Corp 96,187 88,609
Eli Lilly & Co 147,125 131,240
Intercontinental Exc Inc 110,803 121,294
Intuit 88,982 94,275
L3Harris Tech 117,962 113,131
LPL Fin Hldings 144,256 215,497
M&T Bank Corp 125,395 132,923
Medtronics 160,168 152,571
Meta Platforms 84,176 83,142
Palo Alto Networks 146,508 178,685
Regions Financial Corp 95,742 88,623
Seagate Technology 74,751 61,539
Spotify Technology 100,931 120,345
T Mobile 118,075 150,096
Targa Resources Corp 147,783 216,877
Vistra Corp 106,529 108,090

TY 2024 InvestmentsOtherSchedule2
Name:
DeNardo Education and
 
Research Foundation
EIN:
46-1526435
Software ID:
24020490
Software Version:
2024v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Open-End Mutual Funds-nonsweep AT COST 995,918 994,716
Exchange Traded and Closed End AT COST 918,128 905,006

TY 2024 OtherProfessionalFeesSchedule
Name:
DeNardo Education and
 
Research Foundation
EIN:
46-1526435
Software ID:
24020490
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accrued Income (report in 2025) 4,274 4,274 0 0
Advisor fees 12,690 12,690 0 0
DE Agent 169 0 0 169
DE Filing fee 25 0 0 25


TY 2024 ReasonableCauseExplanation
Name:
DeNardo Education and
 
Research Foundation
EIN:
46-1526435
Software ID:
24020490
Software Version:
2024v5.1
Explanation:
The president of the nonprofit was hospitalized for covid in March and April and needed additional time to recover and provide the tax documents for the preparation of the return. The prior president was the spouse of the current president and passed away in 2024. Due to the hardship of the spouse passing and current illness we request that any penalty due to the late payment of the taxes be waived.

TY 2024 TaxesSchedule
Name:
DeNardo Education and
 
Research Foundation
EIN:
46-1526435
Software ID:
24020490
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Taxes 478 478