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
LOMBARD FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)14 BRIDLE TRAIL ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEEDHAM, MA02492
A Employer identification number

04-3031796
B Telephone number (see instructions)

(781) 433-0060
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$10,823,791J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 16,719 16,719  
4 Dividends and interest from securities... 162,328 162,328  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 57,395
b Gross sales price for all assets on line 6a 1,264,676
7 Capital gain net income (from Part IV, line 2)... 57,395
8 Net short-term capital gain.........  
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)....... Click to see attachment
List of Attached Documents:
// Content
206,062 37,880  
12 Total. Add lines 1 through 11........ 442,504 274,322  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 27,000 13,500   13,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
40,055 34,055   6,000
17 Interest............... 6,756 6,756   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
7,200 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
596 316   86
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 81,607 54,627   19,586
25 Contributions, gifts, grants paid....... 485,000 485,000
26 Total expenses and disbursements. Add lines 24 and 25 566,607 54,627   504,586
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -124,103
b Net investment income (if negative, enter -0-) 219,695
c Adjusted net income (if negative, enter -0-)...  
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............. 38,594 20,692 20,692
2 Savings and temporary cash investments......... 39,231 35,769 35,769
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) 870,007 Click to see attachment
List of Attached Documents:
// Content
192,298 		192,298
b Investments—corporate stock (attach schedule)....... 3,133,962 Click to see attachment
List of Attached Documents:
// Content
3,253,143 		3,422,748
c Investments—corporate bonds (attach schedule)....... 245,000 Click to see attachment
List of Attached Documents:
// Content
245,000 		241,693
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).......... 5,259,519 Click to see attachment
List of Attached Documents:
// Content
5,729,328 		6,910,591
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) 9,586,313 9,476,230 10,823,791
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) Click to see attachment
List of Attached Documents:
// Content
310,581 		Click to see attachment
List of Attached Documents:
// Content
324,643
23 Total liabilities (add lines 17 through 22)......... 310,581 324,643
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........ 1,000,100 1,000,100
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 8,275,632 8,151,487
29 Total net assets or fund balances (see instructions)..... 9,275,732 9,151,587
30 Total liabilities and net assets/fund balances (see instructions). 9,586,313 9,476,230
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
9,275,732
2
Enter amount from Part I, line 27a .....................
2
-124,103
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,151,629
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
42
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,151,587
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 ACCENTURE PLC IRELAND CL A   2024-03-27 2024-05-31
b ADOBE INC   2023-10-12 2024-03-22
c AGILENT TECHNOLOGIES   2024-03-20 2024-10-30
d AIA GROUP LTD SPON ADR   2024-04-18 2024-08-01
e AIR PROD & CHEM INC   2023-09-05 2024-08-01
ALCON INC   2023-11-29 2024-11-19
AMADEUS IT GROUP S.A ADR   2023-03-07 2024-02-02
ANALOG DEVICES INC   2023-10-17 2024-02-15
ASML HOLDING NV NY REG NEW   2024-07-18 2024-10-18
ATLASSIAN CORPORATION CL A   2024-04-26 2024-09-16
BAXTER INTL INC   2023-07-28 2024-06-04
BLACKSTONE INC   2024-04-04 2024-04-11
CANADIAN PACIFIC KANSAS CITY   2024-04-23 2024-12-04
CENCORA INC   2024-07-18 2024-09-24
CHARLES SCHWAB NEW   2024-12-13 2024-12-18
CME GROUP INC   2024-04-18 2024-05-07
CRH PLC   2023-12-13 2024-05-22
DAIICHI SANKYO CO LTD SPON ADR   2023-08-14 2024-06-12
DEUTSCHE BOERSE AG UNSPON ADR   2024-06-18 2024-12-04
DEUTSCHE TELEKOM AG ADR   2024-04-18 2024-05-08
DIAGEO PLC SPON ADR NEW   2023-02-16 2024-01-16
ECOLAB INC   2024-09-30 2024-10-11
EDENRED S A ADR   2024-02-07 2024-03-05
EDWARD LIFESCIENCES CORP   2023-10-31 2024-08-07
ELI LILLY & CO   2024-02-07 2024-06-26
ESSILORLUXOTTICA ADR   2023-11-17 2024-10-01
FORTIVE CORP   2024-07-26 2024-11-05
GALLAGHER ARTHUR J & CO   2024-06-27 2024-08-19
GENL DYNAMICS CORP   2024-05-02 2024-10-18
HALEON PLC ADR   2024-03-19 2024-12-12
HONG KONG EXCHANGES & CLEARING   2023-08-14 2024-02-02
IBERDROLA SA SPON ADR   2023-02-16 2024-01-16
IDEXX LABS   2024-08-19 2024-10-04
ISHARES FLOATING RATE BD ETF   2024-07-18 2024-08-16
KENVUE INC   2023-10-30 2024-07-22
KERING S A ADR NEW   2024-04-18 2024-06-06
KLA CORPORATION   2024-04-01 2024-06-25
LEGRAND SA   2024-07-18 2024-08-27
LVMH MOET HENNESSY LOUIS VUITT   2024-04-18 2024-09-06
MARVELL TECHNOLOGY INC   2024-09-09 2024-11-12
METROPOLITAN WEST TOT RET BD I   2024-03-27 2024-04-10
MONDAY.COM LTD   2024-07-18 2024-09-04
MONOLITHIC PWR SYSTEMS INC   2024-12-06 2024-12-20
NESTLE SPON ADR REP REG SHR   2023-12-21 2024-04-25
NEXTERA ENERGY INC   2023-04-05 2024-03-07
NICE LTD ADR   2024-04-18 2024-06-05
NIKE INC B   2023-02-16 2024-01-18
NXP SEMICONDUCTORS NV   2023-02-02 2024-01-04
PARKER HANNIFIN CORP   2024-01-04 2024-10-17
PPG INDUSTRIES INC   2024-04-18 2024-09-20
PROGRESSIVE CORP OHIO   2024-04-19 2024-07-09
SAFRAN SA   2023-12-21 2024-08-12
SANDVIK AB SPONS ADR   2023-08-24 2024-01-17
SCHNEIDER ELEC SA UNSP ADR   2024-08-27 2024-10-16
SERVICENOW INC   2024-05-30 2024-09-18
SHISEIDO LTD SPON ADR   2023-08-14 2024-01-18
SUNCOR ENERGY INC   2023-10-09 2024-01-24
SYSCO CORP   2024-04-18 2024-09-13
TAIWAN SMCNDCTR MFG CO LTD ADR   2024-04-18 2024-12-04
TOKYO ELECTRON LTD UNSPON ADR   2023-05-26 2024-04-22
U S BANCORP COM NEW   2023-12-11 2024-09-16
UBER TECHNOLOGIES INC   2023-07-31 2024-03-13
UNITEDHEALTH GP INC   2023-04-05 2024-03-20
WALMART INC   2024-04-18 2024-08-13
WORKDAY INC CL A   2024-03-22 2024-07-11
3I GROUP PLC UNSPONS ADR   2024-01-26 2024-07-16
ACCENTURE PLC IRELAND CL A   2024-06-20 2024-10-14
ADOBE INC   2022-11-01 2024-03-28
AIA GROUP LTD SPON ADR   2022-10-25 2024-08-01
AIR PROD & CHEM INC   2022-11-21 2024-10-17
AIRBUS SE UNSPONSORED ADR   2022-10-25 2024-04-25
ALCON INC   2023-11-29 2024-12-06
ALPHABET INC CL A   2022-10-25 2024-12-17
AMADEUS IT GROUP S.A ADR   2022-10-25 2024-03-27
AMERICAN TOWER CORP   2023-03-24 2024-04-23
AMGEN INC   2023-02-16 2024-03-22
ANALOG DEVICES INC   2022-10-25 2024-08-02
ASML HOLDING NV NY REG NEW   2023-08-14 2024-10-22
ATLASSIAN CORPORATION CL A   2023-01-03 2024-09-24
BANK OF AMERICA CORP   2022-11-21 2024-04-05
BEST BUY CO   2022-11-21 2024-05-21
BLACKROCK INC   2023-02-16 2024-07-23
BLACKROCK INC   2022-12-21 2024-11-11
BLACKSTONE INC   2022-11-21 2024-08-28
CADENCE DESIGN SYSTEM   2022-11-21 2024-02-05
CENCORA INC   2022-12-21 2024-09-24
CHARLES SCHWAB NEW   2022-12-21 2024-12-18
CHIPOTLE MEXICAN GRILL INC COM   2023-02-16 2024-07-26
CHUBB LTD   2023-02-16 2024-12-09
CME GROUP INC   2023-07-14 2024-09-20
COMPUTERSHARE LTD SPN ADR   2023-02-16 2024-08-21
CONOCOPHILLIPS   2022-11-21 2024-04-29
CRH PLC   2023-10-09 2024-12-12
CVS HEALTH CORP COM   2022-10-25 2024-05-02
DAIICHI SANKYO CO LTD SPON ADR   2022-10-25 2024-06-12
DANAHER CORPORATION   2022-11-21 2024-06-13
DEUTSCHE BOERSE AG UNSPON ADR   2023-02-16 2024-12-04
DEUTSCHE TELEKOM AG ADR   2023-08-14 2024-12-12
DIAGEO PLC SPON ADR NEW   2022-10-25 2024-04-30
DOVER CORP   2023-02-16 2024-05-17
DYNATRACE INC   2023-02-16 2024-12-06
EATON CORP PLC SHS   2022-11-21 2024-05-09
ECOLAB INC   2022-10-25 2024-11-21
EDWARD LIFESCIENCES CORP   2022-11-21 2024-08-07
ELI LILLY & CO   2022-10-25 2024-06-26
ESSILORLUXOTTICA ADR   2022-10-25 2024-10-03
EXXON MOBIL CORP   2022-12-21 2024-10-03
FORTIVE CORP   2022-11-21 2024-12-20
GARTNER INC   2023-05-18 2024-12-20
HALEON PLC ADR   2023-10-12 2024-11-05
HARTFORD FIN SERS GRP INC   2022-11-21 2024-12-12
HOME DEPOT INC   2022-10-25 2024-01-18
HONG KONG EXCHANGES & CLEARING   2022-11-21 2024-02-05
IBERDROLA SA SPON ADR   2022-10-25 2024-01-24
IDEXX LABS   2022-10-25 2024-11-06
INTL BUSINESS MACHINES CORP   2023-02-16 2024-02-21
INVESCO QQQ TRUST, SERIES 1   2022-11-21 2024-09-13
ISHARES FLOATING RATE BD ETF   2023-02-16 2024-08-16
KERING S A ADR NEW   2023-03-24 2024-06-06
LEGRAND SA   2022-10-25 2024-09-18
LINDE PLC   2023-02-16 2024-12-12
LONDON STK EXCHANGE GROUP ADR   2023-05-17 2002-12-02
LVMH MOET HENNESSY LOUIS VUITT   2022-12-21 2024-11-01
MARVELL TECHNOLOGY INC   2023-12-04 2024-12-06
MEDTRONIC PLC SHS   2023-02-16 2024-05-15
METLIFE INCORPORATED   2023-02-16 2024-12-12
METROPOLITAN WEST TOT RET BD I   2023-02-16 2024-04-10
MONOLITHIC PWR SYSTEMS INC   2022-11-21 2024-10-16
MORGAN STANLEY   2023-02-16 2024-07-23
MSCI INC COM   2022-11-21 2024-11-05
NESTLE SPON ADR REP REG SHR   2022-10-25 2024-09-25
NICE LTD ADR   2023-02-16 2024-06-27
NIKE INC B   2022-10-25 2024-02-15
NORFOLK SOUTHERN CORP   2022-11-21 2024-02-14
NORTHROP GRUMMAN CP(HLDG CO)   2023-02-16 2024-09-24
NVIDIA CORPORATION   2022-10-25 2024-12-06
NXP SEMICONDUCTORS NV   2023-05-23 2024-07-03
OLYMPUS CORP ADR   2022-11-21 2024-11-13
PARKER HANNIFIN CORP   2023-02-16 2024-10-17
PFIZER INC   2023-08-14 2024-11-01
PHILIP MORRIS INTL INC   2023-02-16 2024-12-03
PPG INDUSTRIES INC   2022-12-21 2024-11-18
PROGRESSIVE CORP OHIO   2023-02-16 2024-03-01
RENTOKIL INITIAL PLC ADR   2023-02-16 2024-10-02
REPUBLIC SERVICES INC   2023-03-16 2024-08-29
RTX CORPORATION   2022-11-21 2024-08-20
SAFRAN SA   2023-02-16 2024-10-29
SAP AG   2023-08-23 2024-11-01
SERVICENOW INC   2022-11-21 2024-12-13
SHISEIDO LTD SPON ADR   2022-10-25 2024-08-20
SHOPIFY INC   2023-11-08 2024-12-12
STARBUCKS CORP WASHINGTON   2022-10-25 2024-06-11
SUNCOR ENERGY INC   2023-01-05 2024-02-14
SYSCO CORP   2023-02-16 2024-09-13
THE CIGNA GROUP   2022-10-25 2024-09-27
THERMO FISHER SCIENTIFIC   2022-11-21 2024-12-12
TOKYO ELECTRON LTD UNSPON ADR   2023-05-26 2024-06-03
U S BANCORP COM NEW   2023-07-14 2024-10-18
UNITEDHEALTH GP INC   2022-11-21 2024-03-21
VERISK ANALYTICS INC COM   2023-02-16 2024-04-12
VISA INC CL A   2022-11-21 2024-10-11
WALMART INC   2023-02-16 2024-11-22
US TSY NOTE   2022-10-24 2024-01-31
INTEGRITY BOSTON FUND LP     2024-12-31
INTEGRITY BOSTON FUND LP     2024-12-31
(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 1,812   2,231 -419
b 431   490 -59
c 411   454 -43
d 320   314 6
e 275   282 -7
425   392 33
210   194 16
846   825 21
2,752   2,965 -213
900   1,042 -142
717   1,026 -309
2,144   2,292 -148
685   790 -105
30   30 0
9   10 -1
237   237 0
1,834   1,536 298
775   792 -17
706   646 60
881   883 -2
851   1,051 -200
194   193 1
669   831 -162
899   1,058 -159
166   145 21
1,728   1,505 223
1,627   1,610 17
364   364 0
276   257 19
2,473   2,075 398
1,035   1,420 -385
704   650 54
70   72 -2
29,674   29,678 -4
1,186   1,463 -277
2,333   3,488 -1,155
720   615 105
198   184 14
1,942   2,090 -148
262   196 66
23,811   24,281 -470
3,016   2,679 337
819   896 -77
1,394   1,537 -143
246   342 -96
211   307 -96
604   759 -155
95   91 4
50   36 14
296   330 -34
523   529 -6
1,006   986 20
1,452   1,350 102
415   404 11
768   644 124
685   1,170 -485
697   743 -46
52   51 1
2,881   2,172 709
3,969   2,474 1,495
480   457 23
815   509 306
474   491 -17
211   184 27
524   642 -118
702   544 158
6,045   5,492 553
4,532   2,901 1,631
3,764   4,218 -454
779   770 9
4,857   3,303 1,554
4,642   3,481 1,161
3,783   2,449 1,334
4,797   3,995 802
6,314   7,036 -722
1,095   1,050 45
4,344   3,546 798
1,398   1,158 240
3,768   3,594 174
223   223 0
1,177   1,184 -7
1,699   1,504 195
548   368 180
4,280   2,829 1,451
1,071   592 479
369   276 93
151   163 -12
3,903   2,307 1,596
1,229   998 231
1,508   1,305 203
2,424   2,325 99
474   473 1
510   291 219
174   293 -119
5,681   5,317 364
1,221   1,115 106
2,132   1,806 326
1,892   1,649 243
3,976   4,897 -921
687   586 101
368   279 89
471   236 235
1,744   1,197 547
3,999   4,839 -840
332   164 168
4,702   3,538 1,164
1,745   1,701 44
2,753   2,448 305
5,862   4,084 1,778
2,966   2,194 772
1,574   1,038 536
390   316 74
1,581   1,958 -377
2,299   1,887 412
4,653   3,909 744
911   734 177
67,005   44,429 22,576
265,589   262,339 3,250
526   929 -403
4,416   3,306 1,110
1,980   1,491 489
1,512   1,059 453
2,182   2,387 -205
869   432 437
413   435 -22
1,619   1,435 184
346,488   350,683 -4,195
1,437   771 666
411   400 11
1,707   1,496 211
9,244   10,384 -1,140
1,987   2,378 -391
4,303   4,209 94
483   492 -9
1,917   2,020 -103
11,821   1,650 10,171
2,097   1,496 601
2,574   3,132 -558
635   360 275
1,126   1,797 -671
769   593 176
1,680   1,715 -35
447   322 125
2,932   3,754 -822
1,095   766 329
1,222   1,092 130
3,667   2,485 1,182
1,704   1,115 589
2,925   1,283 1,642
1,846   2,693 -847
1,849   998 851
1,278   1,454 -176
4,560   4,747 -187
2,156   2,282 -126
635   586 49
2,269   2,146 123
2,916   1,557 1,359
3,221   2,993 228
7,550   8,237 -687
1,505   1,179 326
2,602   2,037 565
1,743   1,116 627
250,000   243,694 6,306
      3,019
      -6,946
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       -419
b       -59
c       -43
d       6
e       -7
      33
      16
      21
      -213
      -142
      -309
      -148
      -105
      0
      -1
      0
      298
      -17
      60
      -2
      -200
      1
      -162
      -159
      21
      223
      17
      0
      19
      398
      -385
      54
      -2
      -4
      -277
      -1,155
      105
      14
      -148
      66
      -470
      337
      -77
      -143
      -96
      -96
      -155
      4
      14
      -34
      -6
      20
      102
      11
      124
      -485
      -46
      1
      709
      1,495
      23
      306
      -17
      27
      -118
      158
      553
      1,631
      -454
      9
      1,554
      1,161
      1,334
      802
      -722
      45
      798
      240
      174
      0
      -7
      195
      180
      1,451
      479
      93
      -12
      1,596
      231
      203
      99
      1
      219
      -119
      364
      106
      326
      243
      -921
      101
      89
      235
      547
      -840
      168
      1,164
      44
      305
      1,778
      772
      536
      74
      -377
      412
      744
      177
      22,576
      3,250
      -403
      1,110
      489
      453
      -205
      437
      -22
      184
      -4,195
      666
      11
      211
      -1,140
      -391
      94
      -9
      -103
      10,171
      601
      -558
      275
      -671
      176
      -35
      125
      -822
      329
      130
      1,182
      589
      1,642
      -847
      851
      -176
      -187
      -126
      49
      123
      1,359
      228
      -687
      326
      565
      627
      6,306
      3,019
      -6,946
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 57,395
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  
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 3,054
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 0
3 Add lines 1 and 2........................... 3 3,054
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,054
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 5,819
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,819
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 2,765
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow2,765 Refundedright arrow 11 0
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowMA
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 arrowMICHAEL J LOMBARD Telephone no.right arrow (781) 433-0060

Located atright arrow14 BRIDLE TRAIL ROADNEEDHAMMA ZIP+4right arrow02492
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)
Yes
 
(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
KATHLEEN LOMBARD TRUSTEE
0.00 		0 0 0
PO BOX 242
HAMPSTEAD,NH03841
MICHAEL J LOMBARD TRUSTEE
8.00 		27,000 0 0
14 BRIDLE TRAIL RD
NEEDHAM,MA02492
R ROBERT POPEO TRUSTEE
0.00 		0 0 0
1 FINANCIAL CENTER
BOSTON,MA02111
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 0
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 arrow0
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 NOT APPLICABLE 0
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 arrow0
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
4,146,225
b
Average of monthly cash balances.......................
1b
70,182
c
Fair market value of all other assets (see instructions)................
1c
6,628,935
d
Total (add lines 1a, b, and c).........................
1d
10,845,342
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
0
3
Subtract line 2 from line 1d.........................
3
10,845,342
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
162,680
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
10,682,662
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
534,133
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
534,133
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
3,054
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,054
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
531,079
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
531,079
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
531,079
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
504,586
b
Program-related investments—total from Part VIII-B..................
1b
0
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
504,586
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 7 531,079
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 483,236
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 504,586
a Applied to 2023, but not more than line 2a 483,236
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 21,350
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
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...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		509,729
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) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
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

BETH ISRAEL DEACONESS HOSPITAL - NEEDHAM

148 CHESTNUT STREET
NEEDHAM,MA02492 		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 125,000

BIG BROTHER BIG SISTER OF EASTERN MA

184 HIGH STREET 3 FL
BOSTON,MA02110 		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 225,000

CATHOLIC CHARITIES BOSTON

275 WEST BROADWAY
BOSTON,MA02127 		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 10,000

CATHOLIC CHARITIES LABOURE CENTER

275 WEST BROADWAY
BOSTON,MA02127 		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 85,000

JOHN F KENNEDY LIBRARY FOUNDATION

COLUMBIA POINT
BOSTON,MA02125 		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 25,000

PAN MASS CHALLENGE

77 4TH AVENUE
NEEDHAM,MA02494 		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 5,000

ROSIES PLACE

889 HARRISON AVENUE
BOSTON,MA02118 		NONE PUBLIC CHARITY GENERAL CONTRIBUTION 10,000
Total .................................right arrow 3a 485,000
bApproved for future payment
Total ................................. right arrow 3b 0
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 16,719  
4 Dividends and interest from securities ....     14 162,328  
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 .....     01 37,880  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 57,395  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPASSTHROUGH - PALAESTRA ASSOCIATES 		531120 -38,737      
bPASSTHROUGH - QUADRILLE ASSOCIATES 531120 207,221      
cPASSTHROUGH - INTEGRITY BOSTON FUND 523000 -87      
dPASSTHROUGH - INTEGRITY BOSTON FUND 523000 -215      
e
12 Subtotal. Add columns (b), (d), and (e) .. 168,182 274,322 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
442,504
(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:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 InvestmentsCorpBondsSchedule
Name:
LOMBARD FAMILY FOUNDATION
EIN:
04-3031796
Name of Bond End of Year Book Value End of Year Fair Market Value
245.000 JPMORGAN CHASE COLUMBUS OH CD 245,000 241,693

TY 2024 InvestmentsCorpStockSchedule
Name:
LOMBARD FAMILY FOUNDATION
EIN:
04-3031796
Name of Stock End of Year Book Value End of Year Fair Market Value
4,000 AT&T INC 4.75% 100,000 79,400
2,000 BANK OF AMERICA CORP 50,000 38,840
2,000 BRIGHTHOUSE FIN INC 5.375% 50,000 37,400
8,000 CAPITAL ONE FINANCIAL 4.8% 200,000 146,480
500 FIRST REPUBLIC BANK 4.25% 12,500 0
2,000 JP MORGAN CHASE 4.20% 50,000 37,780
6,000 JP MORGAN CHASE 4.55% 150,000 122,820
8,000 MET LIFE INC 4.75% 200,000 165,280
3I GROUP PLC UNSPONS ADR (TGOPY) 2,496 3,749
ABB LTD ADR (ABBNY) 5,012 4,801
ABBOTT LABORATORIES (ABT) 2,526 2,763
ABBVIE INC COM (ABBV) 3,879 4,555
ACCENTURE PLC IRELAND CL A(ACN) 851 1,110
AGILENT TECHNOLOGIES (A) 3,012 3,182
AIR PROD & CHEM INC (APD) 4,142 4,468
AIRBNB INC CL A (ABNB) 6,725 5,758
ALCON INC (ALC) 1,593 2,264
ALEXANDRIAREAL ESTATE EQ INC (ARE) 1,082 797
ALPHABET INC CL A(GOOGL) 4,681 9,164
AMAZON COM INC (AMZN) 8,824 18,524
AMERICAN EXPRESS CO (AXP) 2,637 4,986
ANALOG DEVICES INC (ADI) 2,839 4,140
APPLE INC (AAPL) 462 780
ARES MANAGEMENT CORP CL A (ARES) 6,826 8,392
ARGENXSE ADR (ARGX) 6,336 8,754
ASICS CORP ADR (ASCCY) 2,188 2,296
ASML HOLDINGNV NYREGNEW (ASML) 7,157 8,625
ASTRAZENECAPLC ADR (AZN) 9,070 8,583
ATLAS COPCOAS AADR ANEW (ATLKY) 4,244 5,272
AVALONBAY COMM INC (AVB) 925 1,169
BANCO BILBAO VIZ ARG SA ADS (BBVA) 4,975 4,530
BANK OF AMERICA CORP (BAC) 5,042 6,285
BANK OF NEW YORK MELLON CORP (BK) 1,477 1,420
BECTON DICKINSON & CO (BDX) 2,035 1,971
BLACKROCK INC (BLK) 1,982 2,971
BLACKSTONE INC (BX) 1,963 3,466
BRAMBLES LTD SPONSORED ADR (BXBLY) 3,152 4,503
BRISTOL MYERS SQUIBB CO (BMY) 5,717 4,438
CADENCE DESIGN SYSTEM (CDNS) 3,792 6,323
CANADIAN PACIFIC KANSAS CITY (CP) 9,105 8,612
CAPITAL ONE FINANCIAL CORP (COF) 2,536 3,065
CARRIER GLOBAL CORPORATION (CARR) 2,003 1,976
CENCORA INC (COR) 978 1,430
CHARLES SCHWAB NEW (SCHW) 4,542 5,019
CHECK POINT SOFTWARE TECH LTD (CHKP) 2,910 2,804
CHEVRON CORP (CVX) 5,223 4,657
CHIPOTLE MEXICAN GRILL INC COM (CMG) 2,553 4,860
CHUBB LTD (CB) 1,465 2,021
CME GROUP INC (CME) 1,164 1,551
CMS ENERGY CP (CMS) 1,261 1,500
COCA COLA CO (KO) 2,221 2,304
COMCAST CORP (NEW) CLASS A (CMCSA) 3,668 3,941
COMPASS GROUP PLC SPD ADR (CMPGY) 5,246 6,901
CONOCOPHILLIPS (COP) 6,459 5,345
CORNING INC (GLW) 1,544 2,351
CRH PLC (CRH) 3,336 7,084
CVS HEALTH CORP COM (CVS) 2,740 1,578
DANAHER CORPORATION (DHR) 6,601 6,698
DANONE SPONSORED ADR (DANOY) 7,186 6,730
DATADOG INC CL A (DDOG) 3,110 3,507
DEERE & CO (DE) 3,706 4,018
DEUTSCHE BOERSE AG UNSPON ADR (DBOEY) 4,872 6,333
DEUTSCHE TELEKOM AG ADR (DTEGY) 5,237 8,077
DOMINION ENERGY INC (D) 2,627 2,455
DOVER CORP (DOV) 2,566 3,618
DYNATRACE INC (DT) 3,494 5,148
EATON CORP PLC SHS (ETN) 1,586 3,508
ECOLAB INC (ECL) 2,285 3,590
EDP ENERGIAS DE PORTGUAL SA (EDPFY) 6,693 4,705
ELI LILLY & CO (LLY) 543 1,202
EOG RESOURCES INC (EOG) 3,932 3,621
EXXON MOBIL CORP (XOM) 2,967 3,025
FERRARI N V (RACE) 4,837 5,501
FORTIVE CORP (FTV) 2,208 2,589
GALLAGHER ARTHUR J & CO (AJG) 7,388 9,254
GE AEROSPACE NEW (GE) 3,725 3,445
GENL DYNAMICS CORP (GD) 3,471 3,690
GIVAUDAN SA ADR (GVDNY) 3,553 4,931
GOLDMAN SACHS GRP INC (GS) 1,746 1,685
HALEON PLC ADR (HLN) 2,416 3,406
HARTFORD FIN SERS GRP INC (HIG) 355 564
HDFC BANK LTD ADR (HDB) 5,489 5,720
HERMES INTL SCA UNSPON ADR (HESAY) 3,248 3,335
HERSHEY COMPANY (HSY) 1,877 1,550
HOME DEPOT INC (HD) 2,873 3,701
HONEYWELL INTL INC (HON) 2,293 2,549
HOYA CORP SPONS ADR (HOCPY) 6,207 6,913
ICON PLC (ICLR) 6,612 4,493
INDUSTRIA DE DISENO TEXTIL IND (IDEXY) 6,950 12,259
INTESA SANPAOLO S.P.A. ADR (ISNPY) 3,885 6,744
INTL BUSINESS MACHINES CORP (IBM) 813 1,322
INTUIT INC (INTU) 7,624 11,942
INTUITIVE SURGICAL INC (ISRG) 3,357 3,677
JOHNSON & JOHNSON (JNJ) 4,007 3,396
KKR & CO INC CL A (KKR) 6,874 10,880
KLA CORPORATION (KLAC) 4,647 4,371
L OREAL CO ADR (LRLCY) 5,546 5,554
LENOVO GROUP LTD SPONS ADR (LNVGY) 2,581 2,476
LINDE PLC (LIN) 3,680 5,244
LLOYDS BANKING GROUP PLC (LYG) 5,829 5,445
LONDON STK EXCHANGE GROUP ADR (LNSTY) 7,578 11,943
LOWES COMPANIES INC (LOW) 3,708 4,061
LVMH MOET HENNESSY LOUIS VUITT (LVMUY) 6,753 6,558
MARSH & MCLENNAN COS INC (MMC) 863 1,090
MARVELL TECHNOLOGY GROUP LTD (MRVL) 3,950 10,145
MC DONALDS CORP (MCD) 3,253 3,529
MEDTRONIC PLC SHS (MDT) 2,159 2,068
MERCK & CO INC NEW COM (MRK) 1,789 1,659
METLIFE INCORPORATED (MET) 945 1,132
MICROCHIP TECHNOLOGY INC (MCHP) 2,825 1,857
MICROSOFT CORP (MSFT) 12,339 20,113
MITSUBISHI UFJ FINCL GRP ADS (MUFG) 3,447 3,387
MONDELEZ INTL INC COM (MDLZ) 1,803 1,766
MONOLITHIC PWR SYSTEMS INC (MPWR) 3,125 5,053
MONOTARO CO LTD ADR (MONOY) 1,568 1,717
MORGAN STANLEY (MS) 3,763 5,532
MSCI INC COM (MSCI) 3,500 4,598
NEXTERA ENERGY INC (NEE) 3,022 2,769
NOMURA RESH INST LTD ADR (NRILY) 2,291 2,441
NORFOLK SOUTHERN CORP (NSC) 4,331 4,574
NORTHROP GRUMMAN CP(HLDG CO) (NOC) 1,036 1,082
NOVO NORDISK A/S ADR (NVO) 8,701 12,731
NVIDIA CORPORATION (NVDA) 1,846 18,801
NXP SEMICONDUCTORS NV (NXPI) 1,205 1,598
OLYMPUS CORP ADR (OLYMY) 5,311 4,751
PARKER HANNIFIN CORP (PH) 1,212 2,626
PEPSICO INC NC (PEP) 2,128 1,816
PHILIP MORRIS INTL INC (PM) 3,267 4,268
PNC FINL SVCS GP (PNC) 3,280 4,141
PPG INDUSTRIES INC (PPG) 1,301 1,372
PROCTER & GAMBLE (PG) 2,804 3,351
PROGRESSIVE CORP OHIO (PGR) 7,699 9,827
PROLOGIS INC COM (PLD) 1,940 1,794
PUBLIC SERVICE ENTERPRISE GP (PEG) 1,406 2,032
PUBLICIS GROUPE SA ADR (PUBGY) 4,497 4,426
RELX PLC SPONSORED ADR (RELX) 4,989 7,767
RENTOKIL INITIAL PLC ADR (RTO) 2,090 1,780
REPUBLIC SERVICES INC (RSG) 706 1,099
RTX CORPORATION (RTX) 2,111 2,777
SAFRAN SA (SAFRY) 3,028 4,711
SAP AG (SAP) 6,383 13,097
SCHNEIDER ELEC SA UNSP ADR (SBGSY) 6,646 7,434
SEA LIMITED ADR (SE) 4,938 6,839
SEAGATE TECHNOLOGY HLDNGS PLC (STX) 1,071 1,600
SERVICENOW INC (NOW) 3,764 10,150
SHOPIFY INC (SHOP) 3,697 6,314
SMC CORP JAPAN SPONSORED ADR (SMCAY) 4,834 3,917
SONY GROUP CORPORATION ADR (SONY) 8,177 10,686
SPOTIFY TECHNOLOGY SA (SPOT) 2,624 3,122
STRAUMANN HLDG AG ADR (SAUHY) 3,110 3,190
TAIWAN SMCNDCTR MFG CO LTD ADR (TSM) 3,047 5,182
TERUMO CORP ADR UNSPONS ADR (TRUMY) 3,346 3,448
TEXAS INSTRUMENTS (TXN) 2,858 3,248
THE CIGNA GROUP (CI) 2,457 2,280
THERMO FISHER SCIENTIFIC (TMO) 4,014 3,994
THOMSON REUTERS CORP (TRI) 3,943 5,774
TJX COS INC NEW (TJX) 2,339 3,853
TOKI MARINE HOLDING INS ADR (TKOMY) 5,445 5,248
TOKYO ELECTRON LTD UNSPON ADR (TOELY) 6,283 6,676
TRADE DESK INC CLASS A (TTD) 1,672 1,518
TRAVELERS COMPANIES INC COM (TRV) 1,304 1,630
TRUIST FINL CORP (TFC) 2,803 3,184
UBER TECHNOLOGIES INC (UBER) 4,566 5,827
UCB SA UNSPON ADR (UCBJY) 2,229 2,341
UNILEVER PLC (NEW) ADS (UL) 6,120 6,407
UNION PACIFIC CORP (UNP) 2,925 2,750
UNITED PARCEL SER INC CL-B (UPS) 4,615 3,459
UNITEDHEALTH GP INC (UNH) 6,264 6,328
VENTAS INC (VTR) 1,353 1,639
VERALTO CORP (VLTO) 3,464 4,395
VERISK ANALYTICS INC COM (VRSK) 3,098 4,747
VERIZON COMMUNICATIONS (VZ) 1,230 1,323
VISA INC CL A (V) 6,437 10,176
WALMART INC (WMT) 1,478 2,855
WELLS FARGO & CO NEW (WFC) 5,222 8,148
WEST PHARMACEUTICAL SVCS INC (WST) 4,524 5,987
WORKDAY INC CL A (WDAY) 5,351 5,221
XCEL ENERGY INC (XEL) 2,118 2,208
YUM BRANDS INC (YUM) 1,424 1,426
ZAI LAB LTD-ADR (ZLAB) 918 838
INVESCO QQQ TRUST, SERIES 1 (QQQ) 138,075 251,014
VANGUARD FTSE EMERGING MARKETS (VWO) 96,176 111,377
VANGUARD SMALL CAP ETF (VB) 68,850 87,942
VANGUARD VALUE ETF INDEX (VTV) 193,805 233,803
LOOMIS SAYLES INVST GRADE BD Y (LSIIX) 688,238 680,541
LORD ABBETT SHT DURATION INC I (LLDYX) 464,798 469,656
PIMCO INCOME I2 (PONPX) 160,949 163,305

TY 2024 InvestmentsGovtObligationsSch
Name:
LOMBARD FAMILY FOUNDATION
EIN:
04-3031796
US Government Securities - End of Year Book Value:

192,298
US Government Securities - End of Year Fair Market Value:

192,298
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
LOMBARD FAMILY FOUNDATION
EIN:
04-3031796
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
1,040 ABERDEEN GLOBAL PREMIER PPTYS AT COST 17,510 3,991
13,867 NH PIF CLASS S AT COST 264,167 263,209
INTEGRITY BOSTON FUND LP AT COST 278,970 346,597
PALAESTRA ASSOCIATES LP AT COST 824,969 331,300
QUADRILLE ASSOCIATES LP AT COST 2,843,712 4,239,000
RA CAPITAL INTERNATIONAL HEALTHCARE FUND AT COST 1,500,000 1,726,494

TY 2024 OtherDecreasesSchedule
Name:
LOMBARD FAMILY FOUNDATION
EIN:
04-3031796
Description Amount
PRIOR PERIOD ADJUSTMENT 42


TY 2024 OtherExpensesSchedule
Name:
LOMBARD FAMILY FOUNDATION
EIN:
04-3031796
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK & ACCOUNT FEES 86 0   86
FOREIGN TAX PAID 14 14   0
NON-DEDUCTIBLE EXPENSES 194 0   0
OTHER DEDUCTIONS 302 302   0


TY 2024 OtherIncomeSchedule2
Name:
LOMBARD FAMILY FOUNDATION
EIN:
04-3031796
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PASSTHROUGH RENTAL INCOME PALAESTRA ASSOCIATES LP -11,022 -11,022 -11,022
PASSTHROUGH RENTAL INCOME QUADRILLE ASSOCIATES LP 56,931 56,931 56,931
PASSTHROUGH ORD INCOME INTERITY BOSTON FUND LP -8,049 -8,049 -8,049
PASSTHROUGH RENTAL INCOME INTERITY BOSTON FUND LP 20 20 20
PASSTHROUGH - PALAESTRA ASSOCIATES -38,737 0 -38,737
PASSTHROUGH - QUADRILLE ASSOCIATES 207,221 0 207,221
PASSTHROUGH - INTEGRITY BOSTON FUND -87 0 -87
PASSTHROUGH - INTEGRITY BOSTON FUND -215 0 -215


TY 2024 OtherLiabilitiesSchedule
Name:
LOMBARD FAMILY FOUNDATION
EIN:
04-3031796
Description Beginning of Year - Book Value End of Year - Book Value
MARGIN LOAN 310,581 324,643


TY 2024 OtherProfessionalFeesSchedule
Name:
LOMBARD FAMILY FOUNDATION
EIN:
04-3031796
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FORTIS MANAGEMENT 0 0   0
MORGAN STANLEY 34,055 34,055   0
TONNESON & CO 6,000 0   6,000
INTEGRITY BOSTON FUND LP 0 0   0


TY 2024 TaxesSchedule
Name:
LOMBARD FAMILY FOUNDATION
EIN:
04-3031796
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL 990-PF - EXT 7,200 0   0