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
WARWICK SAVINGS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)CO 72 WESTWOOD DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEWBURGH, NY12550
A Employer identification number

06-1504632
B Telephone number (see instructions)

(845) 542-0679
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$5,724,908J 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      
4 Dividends and interest from securities... 99,257 99,257  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 416,929
b Gross sales price for all assets on line 6a 998,343
7 Capital gain net income (from Part IV, line 2)... 416,929
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).......      
12 Total. Add lines 1 through 11........ 516,186 516,186  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 17,000 8,500   8,500
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
9,225 4,612   4,613
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
6,319 6,319   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
9,486 9,236   250
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
2,139 583   1,556
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 44,169 29,250   14,919
25 Contributions, gifts, grants paid....... 273,000 273,000
26 Total expenses and disbursements. Add lines 24 and 25 317,169 29,250   287,919
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 199,017
b Net investment income (if negative, enter -0-) 486,936
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............. 18,280 36,666 36,666
2 Savings and temporary cash investments......... 57,348 54,984 54,984
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).......      
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).......... 3,475,526 Click to see attachment
List of Attached Documents:
// Content
3,666,439 		5,629,889
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
7,201 		Click to see attachment
List of Attached Documents:
// Content
3,369 		Click to see attachment
List of Attached Documents:
// Content
3,369
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,558,355 3,761,458 5,724,908
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
24,650 		Click to see attachment
List of Attached Documents:
// Content
31,628
23 Total liabilities (add lines 17 through 22)......... 24,650 31,628
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 3,533,705 3,729,830
29 Total net assets or fund balances (see instructions)..... 3,533,705 3,729,830
30 Total liabilities and net assets/fund balances (see instructions). 3,558,355 3,761,458
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
3,533,705
2
Enter amount from Part I, line 27a .....................
2
199,017
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,732,722
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,892
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,729,830
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 OPPENHEIMER ST P    
b OPPENHEIMER LT P    
c SPDR GOLD TR GOLD SHS P    
d ISHARES SILVER TR ISHARES P    
e Capital Gains Dividends P    
(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 77,947   69,896 8,051
b 914,341   506,209 408,132
c 1,328   1,328 0
d 3,981   3,981 0
e 746     746
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       8,051
b       408,132
c       0
d       0
e       746
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 2 416,929
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 6,768
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 6,768
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 6,768
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 2,682
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 7,086
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,768
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 3,000
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow3,000 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
 
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 arrowNY
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 (845) 542-0679

Located atright arrowC/O 72 WESTWOOD DRIVENEWBURGHNY ZIP+4right arrow12550
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
 
 
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
JOHN McDERMOTT III PRESIDENT/DIRECTOR
0.00 		0 0 0
72 WESTWOOD DRIVE
NEWBURGH,NY12550
THOMAS SULLIVAN VICE PRESIDENT / DIRECTOR
0.00 		0 0 0
117 MAPLE AVENUE PO BOX 266
MONROE,NY10950
ROGER VANDER PLAAT TREASURER & DIRECTOR
0.00 		0 0 0
C/O LAZEAR SMITH VANDER PLAAT 17
OAKLAND AVE
WARWICK,NY10990
ROBERT M KENNEDY III DIRECTOR & ASST.TREASURER
0.00 		0 0 0
C/O KENNEDY COS 8 FORESTER AVE PO
BOX 600
WARWICK,NY10990
JANE MCDERMOTT MALLEY DIRECTOR
0.00 		0 0 0
2027 STATE ROUTE 17K
MONTGOMERY,NY12549
TRISHA NAJORK DIRECTOR
0.00 		0 0 0
215 OAK STREET
NEWBURGH,NY12550
ELLEN M DALEY SECRETARY
4.00 		0 0 0
445 FROZEN RIDGE ROAD
MARLBORO,NY12542
PAUL GRATZEL DIRECTOR
0.00 		0 0 0
11 HORIZON FARMS DRIVE
WARWICK,NY10990
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  
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
5,723,198
b
Average of monthly cash balances.......................
1b
47,217
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
5,770,415
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
5,770,415
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
86,556
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,683,859
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
284,193
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
284,193
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
6,768
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
6,768
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
277,425
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
277,425
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
277,425
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
287,919
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
287,919
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 7 277,425
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 51,720
b From 2020...... 29,312
c From 2021...... 26,158
d From 2022......  
e From 2023...... 38,050
f Total of lines 3a through e ........ 145,240
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 287,919
a Applied to 2023, but not more than line 2a 0
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..... 277,425
e Remaining amount distributed out of corpus 10,494
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 5 155,734
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 .......... 		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) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		51,720
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		104,014
10 Analysis of line 9:
a Excess from 2020.... 29,312
b Excess from 2021.... 26,158
c Excess from 2022....  
d Excess from 2023.... 38,050
e Excess from 2024.... 10,494
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 e-mail address of the person to whom applications should be addressed:
ELLEN DALEY SECRETARY
445 FROZEN RIDGE ROAD
MARLBORO,NY12542
(845) 542-0679
warwick.savings@gmail.com.
bThe form in which applications should be submitted and information and materials they should include:
WRITTEN
cAny submission deadlines:
SEPTEMBER 30 OF EACH YEAR
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
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

BACKPACK SNACK ATTACK

16 Maple Avenue
WARWICK,NY10990 		    Backpack Snack Attack's mission is to feed all of the students referred by schools in Warwick Township who have shown signs of hunger and who qualify through the free/reduced meal program. With the Foundation's support, the organization fed nearly 300 children each week during the school year. All public schools in Warwick, Florida and Greenwood Lake districts are included in the program. Teachers and school personnel identify the hungry children and refer them to Backpack Snack Attack. The organization also supplies food on weekends to the children during the school year. 7,500

BON SECOURS COMMUNITY HEALTH SYSTEM (St Anthony Community Hospital)

15 Maple Avenue
WARWICK,NY10990 		    Funds were used to purchase new ENT surgical trays to better meet the needs of the Warwick community. The trays include new specialized procedure scopes that will allow for patients in need of ENT procedures to be done locally and not need to be referred to facilities that require significant travel and additional care coordination. Overall, Foundation support has allowed the hospital to expand and enhance health services so people in Warwick and surrounding communities can receive the care they need close to home. 25,000

BRAESIDE CAMP MIDDLETOWN-GOSHEN CONVALESCENT CHILDREN'S HOME

PO Box 685
MIDDLETOWN,NY10940 		    Braeside offers a summer experience for boys and girls of Orange County aged five to 16. One of the most significant initiatives funded by the grant was the much-needed upgrade to Corbett Hall, the primary space at the camp. The renovation of the flooring was a major undertaking. The facility serves as the dining, hall, activity center and is the heart of many special events and gatherings. In addition to enhancing facilities, the funds were also used to expand and enrich the STEM camp program, enabling the purchase of additional supplies and equipment. These resources were crucial to meeting the increasing demand and providing campers with engaging STEM activities that foster creativity, learning and exploration. 10,000

DINNER 4 KIDS

314 North Main Street
MONROE,NY10950 		    Dinner 4 Kids has been serving dinners to about 20 children in areas of Orange County including Monroe, Chester and Cornwall. Volunteers deliver at-cost dinners provided by The Empire Diner, 2 per child, 3 times a week. The Social Workers who have recommended these children and their families have seen the positive impact that these meals have on the lives of their students. Perhaps the most impactful response received was when the grandfather of one of the families expressed his heartfelt thanks, sharing that the food provided to his grandchildren made an incredible difference in their lives. 2,500

FEARLESS HUDSON VALLEY (formerly Safe Homes of Orange County)

PO Box 649
NEWBURGH,NY10550 		    Funds enabled Fearless! to bridge the gap between homelessness and stability for survivors of domestic violence, human trafficking and sexual assault in Orange County by providing financial assistance for housing-related expenses. The funding allowed Fearless! to support clients in finding and keeping safe, affordable and permanent housing. This grant has been allocated to provide much-needed support to multiple individuals (three adult survivors and their children). In addition to receiving financial support to enable survivors and their children to access safe, affordable housing, these individuals received and continue to receive ongoing services, including advocacy, accompaniment and support, case management and therapeutic counseling to aid in healing from the trauma and abuse they have experienced. Without funding from organizations such as Warwick Savings Foundation, Fearless! would be unable to continue to assist these individuals. 10,000

FLORIDA HISTORICAL SOCIETY

PO Box 97
FLORIDA,NY10921 		    The grant is enabling the Society to continue to restore more areas of the Greene Family Homestead. The first project was to level the floor in the General Storeroom and to install a new wood floor with insulation underneath. The second project was to repair a 25' x 40' area in the attic for safety and for storage of many pieces of 1700s and 1900s furniture, for smaller antiques from the four generations of the Greene family, and for donated local items used seasonally, and for special occasion events. The third project was to repair the basement bilco doors by replacing the rotted wood and installing new latches. The society has worked tirelessly for the past seven years to restore and preserve the Greene Family Homestead and present it and its legacy as a key educational component of the village. WSF funds support these efforts tremendously. 3,500

GREYSTONE PROGRAMS INC

700 South Drive Suite 203
HOPEWELL JUNCTION,NY12533 		    Greystone, which supports children, adults and families living with autism and other developmental disabilities, utilized grant funds to successfully implement their first-ever Rise Gardens. These gardens are hydroponic indoor gardening systems that use recycled materials and LED lights to grow plants year-round. Funds were also used to make supplementary purchases of various vegetables, fruits, gardening supplies and nutrients. The current gardens contain beets, kale, lavender, peas, strawberries, cucumber, basil, oregano, chives, parsley, mini-tomatoes, microgreens and three types of lettuce. In addition to promoting the use of organic growing methods, another benefit of indoor gardening is its positive impact on mental health and well-being. 5,000

HABITAT FOR HUMANITY OF GREATER NEWBURGH

125 Washington Street
NEWBURGH,NY12550 		    The Foundation has supported Habitat since 1999, enabling the organization to become a model for sustainable community development. It is because of this support that Habitat is able to provide affordable home ownership to people in the City of Newburgh. The funds made a positive impact on the Bridging Blocks Project Phase II & III, a neighborhood revitalization effort featuring six houses at varying stages of construction. 139/141 Johnston Street are both 4-bedroom homes, and 511 South Street is comprised of two 3-bedroom homes and two 4-bedroom homes. The Warwick Savings Foundation is one of Habitat's oldest supporters. This partnership continues to be critical in Habitat Newburgh's work. 10,000

HISTORICAL SOCIETY OF THE TOWN OF WARWICK

PO Box 353
WARWICK,NY10990 		    Warwick Savings Foundation financial support has been significant in advancing the mission of the Historical Society of the Town of Warwick to preserve, share and celebrate the history of the Town of Warwick. Important upgrades have been made to the society's internet and security system in the Archive, vastly improving their ability to save and share historical information about the village. The grant has also enabled the Society to continue creating the infrastructure and collateral of their self-guided walking tour. The impact of the grant extends beyond technological improvements. It has strengthened the organization's community outreach and relationships, generating increased interest in and support for their mission among residents and business owners in town. 3,500

HOOPS EXPRESS

PO Box 1221
NEWBURGH,NY12550 		    The grant is in continued support for growth and expansion of Hoops Express' UTurn Program. As a result of this funding, the program provided mentoring, educational support and community services to an additional 100 Orange County area low-income, high-risk youths and their families. The program now includes not only mentoring and educational support, but also career development workshops, mental health counseling, and recreational activities designed to promote physical health and well-being. These new services have been crucial in addressing the diverse needs of the community, providing comprehensive support for our most vulnerable populations. 7,500

HOSPICE OF ORANGE & SULLIVAN COUNTIES

800 Stony Brook Court
NEWBURGH,NY12550 		    Hospice has been providing patients and families with compassionate physical, emotional and spiritual end of life care with comfort, dignity and respect for more than three decades. In 2023, with support from the Warwick Savings Foundation, Hospice staff and volunteers provided care and support to 1,212 patients for a total of 61,750 patient care days in various settings in homes, hospitals, group homes, skilled nursing facilities, and the Kaplan Family Hospice Residence. The Foundation grant has had a tremendous impact on the everyday operations of Hospice, also supporting its Bereavement Support Groups for families and children, which are open to the public free of charge. Hospice is also a Level 5 Community Partner of We Honor Veterans. 50,000

INSPIRE CP CENTER

2 Fletcher Street
GOSHEN,NY10924 		    For over 70 years, Inspire has been providing programs and services for children and adults with disabilities through day habilitation, community habilitation, social and recreational programs, speech/language pathology and more. The most recent Foundation funding was used to assist in the purchase of a vehicle for Inspire's Day Habilitation Without Walls program. The program supports individuals aged 18+ with developmental disabilities and helps to develop life skills to participate in engaging community activities. The vehicle also allows volunteers to work with the Friendly Visitor program, local animal shelters and churches. The vehicle also allows individuals the opportunity to participate in recreational activities such as bowling, martial arts, visiting local museums and libraries, and more. 10,000

MEALS ON WHEELS OF GREATER NEWBURGH

PO Box 2615
NEWBURGH,NY12550 		    The grant has been used for general operating expenses, all of which are program-related and greatly needed. Support has helped Meals on Wheels face the many challenges of the pandemic after-effects, especially much higher grocery prices. MOW purchases groceries and prepares home-style, nutritious meals that dedicated volunteers deliver to those who are homebound and in need. The organization was also able to prepare frozen meals and shelf-stable food for their recipients to keep on hand for unforeseen emergencies. In short, the funds help the organization to help those they serve to live where they want to be at home with independence and dignity. 10,000

FOUR SEASONS KIDS AT ST STEPHENS PARISH CENTER

228 West Street
WARWICK,NY10990 		    Funds enable the Four Seasons Kids program to purchase children's clothing in sizes and types that are not often found second-hand. Clothing is provided to children from low income families in the area. 5,000

NEW MILFORD HISTORICAL SOCIETY

PO Box 108
NEW MILFORD,NY10959 		    Foundation funding has helped the New Milford Historical Society promote the heritage of the area back to when it was more prominent than the Village of Warwick before the arrival of the railroad. Foundation support has allowed the society to make continual improvements to their collections, to hold events on their property on Southwycke Lane, to make a better presentation of their belongings, to maintain equipment and buildings. WSF support has allowed the society to make its contributions to the History Room and Recreation Room at Mountain Lake Park, along with other Town of Warwick historical societies, known, and to solidify cooperative, friendly relationships with them. As a result, the NMHS' presence in the Hamlet of New Milford has become better known and appreciated. 1,500

NEWBURGH ARMORY UNITY CENTER

321 S William Street
NEWBURGH,NY12550 		    The Newburgh Armory Unity Center used WSF funding to support costs directly related to the delivery of their flagship academic and athletic program for students in the City of Newburgh, the Saturday Morning Enrichment Program (SMEP). SMEP attracts more than 400 local children and their families to the Armory each week. Combined with other funding, WSF support enabled NUAC to deliver this highly valuable and enriching program without disruption or reduction in programming over the past year. Grant funds supported instructor and staff salaries, offset the cost of classroom and athletic supplies, as well as the purchase of books and other educational materials used in the delivery of SMEP. Funds also facilitated an expansion of SMEP programming to include new classes and services that NUAC would not be able to offer without third-party support. 15,000

NEWBURGH MINISTRY

9 Johnston Street
NEWBURGH,NY12550 		    The Newburgh Ministry provides essential services to individuals experiencing homelessness. Funding was used to maintain the Ministry's commitment to offering essential hygiene items to homeless individuals and families. The Ministry sees approximately 60 individuals weekly in need of these items, and their continued ability to provide them helps the Ministry to foster connection with the community and show that the organization and those who support their programs care about them and their families. A bar of soap or toothpaste may be merely an afterthought for us, but for these individuals it can be the difference between hopelessness and renewing their self-esteem and dignity. By offering guidance, resources and support, the Ministry empowers those served to rebuild their lives and establish stable, long-term housing solutions. 3,500

NORA CRONIN PRESENTATON ACADEMY

69 Bay View Terrace
NEWBURGH,NY12553 		    Nora Cronin Presentation Academy serves girls living in poverty in the City of Newburgh. The primary improvement made with the most recent WSF grant was to implement the hiring of staff. This includes a part-time Physical Education teacher, as well as a part-time Music teacher for the Extended Day program, allowing for expansion of the arts program with music. Without grants and donations, it would not be possible to have the impact that Nora Cronin has had since its founding in 2006. This and previous grants from the Foundation have allowed NCPA to continue fulfilling its mission to help impoverished young girls reach their full potential and develop into productive, self-supporting citizens and community leaders. Nora Cronin Presentation Academy serves girls living in poverty in the City of Newburgh. The primary improvement made with the most recent WSF grant was to implement the hiring of staff. This includes a part-time Physical Education teacher, as well as a part-time Music te 10,000

SAFE HARBORS OF THE HUDSON

111 Broadway
NEWBURGH,NY12550 		    Safe Harbors is an innovative, mixed-use housing and arts re-development project in the City of Newburgh. It is committed to stabilizing and improving the lives the 128 members of the Cornerstone Residence specifically, and, more broadly, creating positive change for the City of Newburgh community. Foundation funding was directed to the 2023-2024 Resident Services program, which continues to foster social connection between the 128 Cornerstone residents and the wider Newburgh community, and support residents through wellness, educational, creative and cultural opportunities. In addition to classes and workshops, Safe Harbors maintains an on-site fitness center at Cornerstone. Educational programs include a continued partnership with SUNY Orange to provide equitable, inclusive access to education for residents, as well as members of the larger Newburgh community, including a GED program. With support from WSF, Safe Harbors is able to increase residents' self-sufficiency and potential fo 5,000

ST GEORGE FOOD PANTRY

105 Grand Street
NEWBURGH,NY10550 		    St. George's target population is single mothers, the elderly and poor, and working class individuals. They continue to have a surge of weekly clients, with 101 families on a recent Wednesday, which translated to feeding 400 people in one week, a record. They are open every Wednesday without fail and provide food for families that are so in need. They also purchase additional food from supermarkets or clubs that may not be available at the Food Bank. They provide the five food groups, as well as hygiene products, paper supplies and cleaning aids. Foundation support is instrumental in helping the pantry meet their goals. 10,000

THE CANCER RESOURCE CENTER OF THE HUDSON VALLEY

100 Ward Street
MONTGOMERY,NY12549 		    The Cancer Resource Center's mission is to connect cancer patients and their families to resources, services, programs and organizations on a national, state, local and regional level to make the cancer journey easier. Foundation funding has been an integral part of their operating budget to help soften the blow of fundraising challenges since 2020. The current grant has been crucial in supporting the patient assistance program, which helps cover unexpected household expenses that arise from a cancer diagnosis. WSF funding continues to be a cornerstone of the center's operating budget, providing indispensable support that has enabled this small non-profit to continue to grow even amid ongoing economic challenges. With WSF support, the center provided financial grants to 20 local Orange County families. 3,500

WARWICK ECUMENICAL FOOD PANTRY

135 Forrester Avenue
WARWICK,NY10990 		    The pantry's mission is to alleviate food insecurity, and the hunger and distress that result. It uses the funds to improve its ability to serve hungry people in the Town of Warwick, without regard to race, color, citizenship, religion, sex, sexual orientation or gender identity, national origin, age, marital status, disability, etc. There has been a sizeable increase in the number of families using the pantry in each of the last two years. During 2023, the pantry received 1,850 visits and served 5,545 people in households that ranged in size from a single occupant to multi-generational families with multiple children. Clients receive shopping bags filled with groceries, frozen foods (meat, poultry, fish, vegetables and cheese), and personal hygiene and household cleaning items. Foundation support also provides institutional validation of the work they do in the community and the resulting benefits that accrue to those in need. 5,000

WINSLOW THERAPEUTIC RIDING CENTER

1433 State Route 17A
WARWICK,NY10990 		    Winslow Therapeutic Riding Center has been operating for 50 years serving the special needs community by providing mounted and unmounted equine-assisted activities and therapies for individuals with disabilities. Support from the Foundation enabled the Center to purchase golf carts to transport clients between buildings and during inclement weather. The carts also enable clients to access areas of campus where they have previously been unable to experience the benefits due to personal physical restrictions. Being able to bring clients to the horses, instead of the horses to the clients, opens up an entirely new set of therapeutic circumstances. Use of the golf carts set a new standard in regards to the benefits of newfound opportunities available to program participants. 25,000

YOU ARE BEAUTIFUL PEOPLE INC (dba BEAUTIFUL PEOPLE)

28 Church Street 2A
WARWICK,NY10990 		    Since its founding in 2006, Beautiful People's mission has been to build bridges between children with disabilities and their families and the broader Orange County community by providing adaptive sports programs for ages 5 and up. The Foundation has been a major part of that effort. With grant funds, 600 athletes were served to date in 2023. Projections are to reach 800 in 2024. Beautiful People is in more locations at a higher frequency across the county. They are also now offering a reduced or exempt rate. A new tech process was implemented to embed a scholarship code compatible with on-line registration, allowing families experiencing financial hardship to participate without barriers. All of this is made possible with support from organizations such as the Warwick Savings Foundation. 25,000

WARWICK AREA FARMWORKERS ORGANIZATION

PO Box 607
GOSHEN,NY10924 		    Provides support for the children of farmworkers by offering Homework Club and Youth Programs during the school year. 5,000

MEALS ON WHEELS OF WARWICK

PO Box 98
WARWICK,NY10990 		    Food delivery services support for low income families. Funding is intended to help to defray the affects of inflation on rising costs of food, labor and program expenses. 5,000
Total .................................right arrow 3a 273,000
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 ........... 		         
4 Dividends and interest from securities ....     14 99,257  
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 ............ 		    14 746 416,183
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) .. 0 100,003 416,183
13Total. Add line 12, columns (b), (d), and (e)..................
13
516,186
(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.)
7 SEE ATTACHED
8 SEE ATTACHED
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 AccountingFeesSchedule
Name:
WARWICK SAVINGS FOUNDATION
EIN:
06-1504632
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 9,225 4,612   4,613

TY 2024 InvestmentsOtherSchedule2
Name:
WARWICK SAVINGS FOUNDATION
EIN:
06-1504632
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
OPPENHEIMER & CO., INC AT COST 3,666,439 5,629,889

TY 2024 OtherAssetsSchedule
Name:
WARWICK SAVINGS FOUNDATION
EIN:
06-1504632
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PREPAID EXCISE TAX 2,682 0 0
ACCRUED INTEREST 4,519 3,369 3,369


TY 2024 OtherDecreasesSchedule
Name:
WARWICK SAVINGS FOUNDATION
EIN:
06-1504632
Description Amount
DEFERRED FEDERAL EXCISE TAX ADJUSTMENT TO RETAINED EARNINGS 2,892


TY 2024 OtherExpensesSchedule
Name:
WARWICK SAVINGS FOUNDATION
EIN:
06-1504632
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 1,054 0   1,054
OFFICE EXPENSES 500 0   500
REGISTERED AGENT FEES 583 583   0
BANK FEES 2 0   2


TY 2024 OtherLiabilitiesSchedule
Name:
WARWICK SAVINGS FOUNDATION
EIN:
06-1504632
Description Beginning of Year - Book Value End of Year - Book Value
NEW YORK STATE TAX PAYABLE 250 250
DEFERRED FEDERAL EXCISE TAXES PAYABLE 24,400 27,292
CURRENT FEDERAL EXCISE TAXES PAYABLE 0 4,086


TY 2024 OtherProfessionalFeesSchedule
Name:
WARWICK SAVINGS FOUNDATION
EIN:
06-1504632
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSE 6,319 6,319   0


TY 2024 TaxesSchedule
Name:
WARWICK SAVINGS FOUNDATION
EIN:
06-1504632
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 2,468 2,468   0
FEDERAL EXCISE TAX 6,768 6,768   0
STATE TAX 250 0   250