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 04-01-2024 , and ending 03-31-2025
Name of foundation
TANNENBAUM-STERNBERGER FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 41199
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GREENSBORO, NC27404
A Employer identification number

56-6045483
B Telephone number (see instructions)

(336) 274-5761
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$20,284,934J 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 1,939 1,939  
4 Dividends and interest from securities... 416,965 416,965  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 996,300
b Gross sales price for all assets on line 6a 6,179,595
7 Capital gain net income (from Part IV, line 2)... 996,300
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
2,798 0  
12 Total. Add lines 1 through 11........ 1,418,002 1,415,204  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 133,050 39,915   93,135
14 Other employee salaries and wages...... 17,726 5,318   12,408
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
22,010 6,603   15,407
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
84,374 84,374   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
30,301 22,257   8,044
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
728 0  
20 Occupancy.............. 24,451 7,335   17,116
21 Travel, conferences, and meetings....... 172 52   120
22 Printing and publications.......... 5,574 1,672   3,902
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
24,081 7,071   17,012
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 342,467 174,597   167,144
25 Contributions, gifts, grants paid....... 835,573 871,936
26 Total expenses and disbursements. Add lines 24 and 25 1,178,040 174,597   1,039,080
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 239,962
b Net investment income (if negative, enter -0-) 1,240,607
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.............      
2 Savings and temporary cash investments......... 1,564,564 173,221 173,221
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.......... 9,113    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 15,584,026 Click to see attachment
List of Attached Documents:
// Content
16,782,904 		16,782,904
c Investments—corporate bonds (attach schedule)....... 2,064,406 Click to see attachment
List of Attached Documents:
// Content
2,071,322 		2,071,322
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).......... 1,167,598 Click to see attachment
List of Attached Documents:
// Content
1,110,662 		1,110,662
14 Land, buildings, and equipment: basis right arrow16,016
Less: accumulated depreciation (attach schedule) right arrow13,468 3,276 Click to see attachment
List of Attached Documents:
// Content
2,548 		2,548
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
163,162 		Click to see attachment
List of Attached Documents:
// Content
144,277 		Click to see attachment
List of Attached Documents:
// Content
144,277
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,556,145 20,284,934 20,284,934
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 231,363 195,000
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
168,708 		Click to see attachment
List of Attached Documents:
// Content
158,347
23 Total liabilities (add lines 17 through 22)......... 400,071 353,347
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........... 20,156,074 19,931,587
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 20,156,074 19,931,587
30 Total liabilities and net assets/fund balances (see instructions). 20,556,145 20,284,934
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
20,156,074
2
Enter amount from Part I, line 27a .....................
2
239,962
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
20,396,036
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
464,449
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
19,931,587
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 SECURITIES P    
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(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 6,134,290   5,183,295 950,995
b 45,305     45,305
c
d
e
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       950,995
b       45,305
c
d
e
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 2 996,300
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 17,244
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 17,244
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 17,244
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 10,650
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 10,650
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 257
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 6,851
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 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 arrowNC
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 arrowTSFOUNDATION.COM
14
The books are in care ofright arrowROBERT O KLEPFER JR Telephone no.right arrow (336) 274-5761

Located atright arrow324 WEST WENDOVER AVE SUITE 118GREENSBORONC ZIP+4right arrow27408
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)
Yes
 
(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
 
No
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
ROBERT O KLEPFER JR EXECUTIVE DIRECTOR
30.00 		121,550 0 0
PO BOX 41199
GREENSBORO,NC27404
SIGMUND I TANNENBAUM MD DIRECTOR/VICE PRESIDENT
1.00 		0 0 0
1805 GRANVILLE ROAD
GREENSBORO,NC27408
JEANNE L TANNENBAUM DIRECTOR/VICE PRESIDENT
1.00 		0 0 0
2904 WYNNEWOOD DRIVE
GREENSBORO,NC27408
NANCY B TANNENBAUM DIRECTOR/CHAIR
1.00 		0 0 0
7609 TALBRYN WAY
CHAPEL HILL,NC27516
SUSAN M TANNENBAUM DIRECTOR/VICE PRESIDENT
1.00 		0 0 0
2606 36TH PLACE NW
WASHINGTON,DC20007
EDWARD C WINSLOW III DIRECTOR
1.00 		4,000 0 0
PO BOX 26000
GREENSBORO,NC27420
MICHAEL L DIAMOND DIRECTOR/SECRETARY
1.00 		4,500 0 0
505 ALAMANCE ROAD SUITE 108
BURLINGTON,NC27215
LAUREN BECTON DIRECTOR
1.00 		0 0 0
829 BRIDGETOWN PASS
MT PLEASANT,SC29464
JACOB E OSTERHOUT DIRECTOR
1.00 		0 0 0
295 EAST LONG STREET APT 410
COLUMBUS,OH43215
JAMES W WHITLEY JR DIRECTOR/TREASURER
1.00 		3,000 0 0
6209 TAMANNARY DRIVE
GREENSBORO,NC27455
JEANNETTE OSTERHOUT DIRECTOR
1.00 		0 0 0
89 MURRAY STREET APT 5V
NEW YORK,NY100072281
DANIEL BECTON DIRECTOR
1.00 		0 0 0
PO BOX 41199
GREENSBORO,NC27404
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
MORGAN STANLEY INVESTMENT MANAGER 84,379
300 N GREENE STREET SUITE 1700
GREENSBORO,NC27401
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 NONE 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 NONE 0
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
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
20,279,633
b
Average of monthly cash balances.......................
1b
563,828
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
20,843,461
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
20,843,461
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
312,652
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
20,530,809
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,026,540
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
1,026,540
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
17,244
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
17,244
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,009,296
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,009,296
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
1,009,296
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
1,039,080
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
1,039,080
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 1,009,296
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 146,125
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$ 1,039,080
a Applied to 2023, but not more than line 2a 146,125
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..... 892,955
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 .......... 		116,341
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 e-mail address of the person to whom applications should be addressed:
ROBERT O KLEPFER JR TANNENBAUM-STER
324 WEST WENDOVER AVE SUITE 118 PO
BOX 41199
GREENSBORO,NC27408
(336) 274-5761
bThe form in which applications should be submitted and information and materials they should include:
A SCHOLARSHIP APPLICANT SHOULD COMPLETE AN OFFICIAL APPLICATION FORM GIVING PERSONAL AND FINANCIAL INFORMATION. A GRANT APPLICANT SHOULD COMPLETE AN OFFICIAL FORM GIVING INFORMATION OF THE APPLICANT AND THE PURPOSE AND COST OF THE PROJECT FOR WHICH FUNDING IS SOUGHT. APPLICATIONS CAN BE FOUND AT THE FOUNDATION'S WEBSITE, WWW.TSFOUNDATION.COM.
cAny submission deadlines:
REVOLUTION LODGE SCHOLARSHIP APPLICATIONS- JUNE 1; GRANTS APPLICATIONS ARE CONSIDERED 3 TIMES A YEAR
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
REVOLUTION LODGE SCHOLARSHIPS ARE LIMITED TO CHILDREN AND GRANDCHILDREN OF MEMBERS OF THE REVOLUTION MASONIC LODGE, GREENSBORO, NORTH CAROLINA. IN ADDITION, THE FOUNDATION GIVES GRANTS TO VARIOUS EDUCATIONAL INSTITUTIONS FOR SCHOLARSHIPS, WHICH ARE NORMALLY RESTRICTED TO RESIDENTS OF GUILFORD COUNTY AND ARE AWARDED BY THE COLLEGE OR UNIVERSITY. THE FOUNDATION ALSO GIVES GRANTS TO VARIOUS TAX EXEMPT ORGANIZATIONS WHO SUBMIT REQUESTS FOR FUNDS. THESE GRANTS ARE NORMALLY LIMITED TO PROJECTS AND ACTIVITIES SERVING THE PEOPLE OF GUILFORD COUNTY, NORTH CAROLINA.
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

BIG BROTHERSBIG SISTERS OF CENTRAL PIEDMONT

502 HICKORY RIDGE DRIVE
GREENSBORO,NC27409 		NONE PUBLIC CHARITY GRANTS 7,500

BLACK CHILD DEVELOPMENT INSTITUTE OF GREENSBORO

415 N EDGEWORTH ST 230
GREENSBORO,NC27401 		NONE PUBLIC CHARITY GRANTS 10,000

CHILDREN AND FAMILIES FIRST

1200 ARLINGTON STREET
GREENSBORO,NC27406 		NONE PUBLIC CHARITY GRANTS 20,000

CHILDREN'S CANCER PARTNERS OF THE CAROLINAS

900 S PINE STREET SUITE F
SPARTANBURG,SC29302 		NONE PUBLIC CHARITY GRANTS 5,000

CHILDREN'S LAW CENTER OF CENTRAL NC

201 S GREENE STREET
GREENSBORO,NC27401 		NONE PUBLIC CHARITY GRANTS 20,000

CHURCH WORLD SERVICE GREENSBORO

330 S GREENE STREET
GREENSBORO,NC27401 		NONE PUBLIC CHARITY GRANTS 15,000

COMMUNITY FOUNDATION OF WESTERN NC

4 VANDERBILT PARK DRIVE
ASHEVILLE,NC28803 		NONE PUBLIC CHARITY GRANTS 25,000

COMMUNITY THEATRE OF GREENSBORO

520 S ELM STREET
GREENSBORO,NC27406 		NONE PUBLIC CHARITY GRANTS 7,500

COURT SUPPORT FOR FAMILIES

1451 S ELM-EUGENE STREET 2110
GREENSBORO,NC27406 		NONE PUBLIC CHARITY GRANTS 7,500

DANCE PROJECT

200 N DAVIE STREET
GREENSBORO,NC27401 		NONE PUBLIC CHARITY GRANTS 5,000

DOWNTOWN GREENSBORO FOUNDATION

532 SOUTH ELM STREET
GREENSBORO,NC27406 		NONE PUBLIC CHARITY GRANTS 25,000

FAMILY ROOM FOSTER CARE

204 S WESTGATE DRIVE SUITE C
GREENSBORO,NC27407 		NONE PUBLIC CHARITY GRANTS 10,000

FAMILY SERVICE OF THE PIEDMONT

902 BONNER DRIVE
JAMESTOWN,NC27282 		NONE PUBLIC CHARITY GRANTS 25,000

GANT SCHOOL OF MUSIC AND JAZZ

PO BOX 14522
GREENSBORO,NC27415 		NONE PUBLIC CHARITY GRANTS 5,000

GLENWOOD TOGETHER

1310 GLENWOOD AVENUE
GREENSBORO,NC27403 		NONE PUBLIC CHARITY GRANTS 10,000

GREENHILL CENTER FOR NC

200 N DAVIE STREET
GREENSBORO,NC27401 		NONE PUBLIC CHARITY GRANTS 15,000

GROWING HIGH POINT

710 WASHINGTON STREET
HIGH POINT,NC27260 		NONE PUBLIC CHARITY GRANTS 15,000

HEADS UP FOR OUR YOUTH

3208-B WEST GATE CITY BLVD
GREENSBORO,NC27407 		NONE PUBLIC CHARITY GRANTS 5,000

HOPEFULLS INC

758 MOTSINGER ROAD
WINSTONSALEM,NC27107 		NONE PUBLIC CHARITY GRANTS 10,000

HORSEPOWER INC

4537 WALPOLE ROAD
HIGH POINT,NC27265 		NONE PUBLIC CHARITY GRANTS 10,000

JERICHO HOUSE

2824 LIBERTY ROAD
GREENSBORO,NC27406 		NONE PUBLIC CHARITY GRANTS 7,500

JOURNEY ADULT DAY CENTER

3105 YANCEYVILLE STREET
GREENSBORO,NC27405 		NONE PUBLIC CHARITY GRANTS 10,000

BACKPACK BEGINNINGS

3711 ALLIANCE DRIVE
GREENSBORO,NC27407 		NONE PUBLIC CHARITY GRANTS 5,000

BENNETT COLLEGE

900 EAST WASHINGTON STREET
GREENSBORO,NC27401 		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000

DIAPER BANK OF NORTH CAROLINA

1311 E CLUB BLVD
DURHAM,NC27704 		NONE PUBLIC CHARITY GRANTS 10,000

DUKE UNIVERSITY

BOX 90600
DURHAM,NC27708 		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000

ECG ROBOTICS

624-D GUILFORD COLLEGE ROAD
GREENSBORO,NC27409 		NONE PUBLIC CHARITY GRANTS 5,000

ELON UNIVERSITY

2600 CAMPUS BOX
ELON,NC27244 		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000

FIRST TEE - CENTRAL CAROLINA

PO BOX 236
CLEMMONS,NC27012 		NONE PUBLIC CHARITY GRANTS 10,000

GREENSBORO COLLEGE

815 WEST MARKET STREET
GREENSBORO,NC27401 		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000

GREENSBORO URBAN MINISTRY

305 WEST LEE STREET
GREENSBORO,NC27406 		NONE PUBLIC CHARITY GRANTS 30,000

GTCC FOUNDATION

PO BOX 309
JAMESTOWN,NC27282 		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000

GUILFORD COLLEGE

5800 WEST FRIENDLY AVENUE
GREENSBORO,NC27410 		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000

GUILFORD EDUCATION ALLIANCE

311 POMONA DRIVE
GREENSBORO,NC27407 		NONE PUBLIC CHARITY GRANTS 10,000

GUILFORD TECHNICAL COMMUNITY COLLEGE

601 EAST MAIN STREET
JAMESTOWN,NC27282 		NONE PUBLIC CHARITY SCHOLARSHIP 1,000

HIGH POINT UNIVERSITY

ONE UNIVERSITY PARKWAY
HIGH POINT,NC27268 		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000

MAKE-A-WISH CENTRAL AND WESTERN NC

217 E TREMONT AVENUE
CHARLOTTE,NC28203 		NONE PUBLIC CHARITY GRANTS 7,500

NC A&T UNIVERSITY FOUNDATION INC

1601 EAST MARKET STREET DOWDY
ADMINISTRATION BUILDING SUITE 400
GREENSBORO,NC27411 		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000

NC INSTITUTE OF POLITICAL LEADERSHIP

4722 OAK PARK ROAD
RALEIGH,NC27612 		NONE PUBLIC CHARITY GRANTS 10,000

NC STATE UNIVERSITY

2016 HARRIS HALL CAMPUS BOX 7302
RALEIGH,NC276957302 		NONE PUBLIC CHARITY SCHOLARSHIPS 12,000

NORTH CAROLINA FOLK FESTIVAL

PO BOX 5364
GREENSBORO,NC27435 		NONE PUBLIC CHARITY GRANTS 7,500

PLANNED PARENTHOOD SOUTH ATLANTIC

100 S BOYLAN AVENUE
RALEIGH,NC27603 		NONE PUBLIC CHARITY GRANTS 20,000

READING CONNECTIONS

122 N ELM STREET 920
GREENSBORO,NC27401 		NONE PUBLIC CHARITY GRANTS 20,000

TEACH FOR AMERICA

111 W LEWIS STREET SUITE 106
GREENSBORO,NC27406 		NONE PUBLIC CHARITY GRANT 10,000

TEMPLE EMANUEL

1129 JEFFERSON ROAD
GREENSBORO,NC27410 		NONE PUBLIC CHARITY GRANTS 10,000

UNC SCHOOL OF THE ARTS

1533 SOUTH MAIN STREET
WINSTONSALEM,NC27127 		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000

UNIVERSITY OF NORTH CAROLINA - CHAPEL HILL

PO BOX 399
CHAPEL HILL,NC275140309 		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000

UNIVERSITY OF NORTH CAROLINA - GREENSBORO

PO BOX 26170
GREENSBORO,NC274026170 		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000

VOICES TOGETHER

88 VILCOM CENTER DRIVE SUITE 100
CHAPEL HILL,NC27514 		NONE PUBLIC CHARITY GRANT 8,436

WAKE FOREST UNIVERSITY

PO BOX 7227
WINSTONSALEM,NC27109 		NONE PUBLIC CHARITY SCHOLARSHIPS 10,000

YWCA OF GREENSBORO

1807 W WENDOVER AVENUE
GREENSBORO,NC27405 		NONE PUBLIC CHARITY GRANTS 50,000

YMCA OF GREENSBORO

620 GREEN VALLEY ROAD SUITE 210
GREENSBORO,NC27408 		NONE PUBLIC CHARITY GRANT 25,000

KELLIN FOUNDATION

4010 WALKER AVENUE
GREENSBORO,NC27403 		NONE PUBLIC CHARITY GRANT 50,000

NEXT GIN

3 CENTERVIEW DRIVE SUITE 230
GREENSBORO,NC27407 		NONE PUBLIC CHARITY GRANT 12,000

SPARROW'S NEST INC

1324 ALAMANCE CHURCH ROAD
GREENSBORO,NC27406 		NONE PUBLIC CHARITY GRANT 8,000

NORTH CAROLINA HOLOCAUST FOUNDATION

5704 CROOKED STICK TRAIL
RALEIGH,NC27612 		NONE PUBLIC CHARITY GRANT 10,000

NUSSBAUM CENTER FOR ENTREPRENEURSHIP

1451 S ELM-EUGENE STREET
GREENSBORO,NC27406 		NONE PUBLIC CHARITY GRANT 50,000

OPEN DOOR MINISTRIES

400 NORTH CENTENNIAL STREET
HIGH POINT,NC27262 		NONE PUBLIC CHARITY GRANT 10,000

RECONSIDERED GOODS

4118 SPRING GARDEN STREET
GREENSBORO,NC27407 		NONE PUBLIC CHARITY GRANT 15,000

SHE BUILT THIS CITY

1451 S ELM-EUGENE STREET
GREENSBORO,NC27406 		NONE PUBLIC CHARITY GRANT 10,000

THE FORGE

219 WEST LEWIS STREET
GREENSBORO,NC27406 		NONE PUBLIC CHARITY GRANT 36,000

WOMEN'S RESOURCE CENTER

628 SUMMIT AVENUE
GREENSBORO,NC27405 		NONE PUBLIC CHARITY GRANT 15,000

YOUNG MUSICIANS OF ALAMANCE

513 WEST FRONT STREET
BURLINGTON,NC27215 		NONE PUBLIC CHARITY GRANT 7,500

CABARRUS COLLEGE OF HEALTH SCIENCES

401 MEDICAL PARK DRIVE NE
CONCORD,NC28025 		NONE PUBLIC CHARITY SCHOLARSHIP 4,000

UNIVERSITY OF TENNESSEE

201 STUDENT SERVICES BUILDING
KNOXVILLE,TN37996 		NONE PUBLIC CHARITY SCHOLARSHIP 2,000

WESTERN CAROLINA UNIVERSITY

1 UNIVERSITY DRIVE
CULLOWHEE,NC28723 		NONE PUBLIC CHARITY SCHOLARSHIP 1,000
Total .................................right arrow 3a 871,936
bApproved for future payment

FAMILY SERVICE OF THE PIEDMONT
902 BONNER DRIVE
JAMESTOWN,NC27282 		NONE PUBLIC CHARITY GRANT 25,000
Total ................................. right arrow 3b 25,000
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 1,939  
4 Dividends and interest from securities ....     14 416,965  
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 ............ 		    18 996,300  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aMISC REVENUE 		    14 1,495  
bSALES TAX REFUND     14 1,303  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,418,002 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,418,002
(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 AccountingFeesSchedule
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 22,010 6,603   15,407

TY 2024 AllOthProgRltdInvestmentsSch
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Category Amount
NONE 0

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
TELEPHONE SYSTEM 2008-11-18 2,223 2,223 SL 7.000000000000 0 0    
OFFICE DESK 2008-12-05 1,450 1,450 SL 7.000000000000 0 0    
2 DRAWER LATERAL FILE 2008-12-05 550 550 SL 7.000000000000 0 0    
72X36 CONFERENCE DESK 2008-12-05 1,050 1,050 SL 7.000000000000 0 0    
36X30 CONFERENCE DESK 2008-12-05 550 550 SL 7.000000000000 0 0    
2 DRAWER LETTER FILE 2008-12-05 450 450 SL 7.000000000000 0 0    
72X36 CONFERENCE TABLE 2008-12-05 750 750 SL 7.000000000000 0 0    
10 BURGUNDY CHAIRS 2008-12-05 1,250 1,250 SL 7.000000000000 0 0    
2 60" FOLDING TABLE AND 4 STACKING CHAIRS 2008-12-05 210 210 SL 7.000000000000 0 0    
76" OPEN SHELF FILES - 2 2008-12-05 550 550 SL 7.000000000000 0 0    
2 76" TRADITIONAL BOOKCASES 2008-12-05 900 900 SL 7.000000000000 0 0    
52" TRADITIONAL BOOKCASE 2008-12-05 500 500 SL 7.000000000000 0 0    
HP LASERJET PRINTER 2008-12-17 250 250 SL 5.000000000000 0 0    
REFRIGERATOR 2009-01-12 232 232 SL 7.000000000000 0 0    
HP LAPTOP 2010-06-17 596 596 SL 5.000000000000 0 0    
DELL PROJECTOR 2010-06-28 865 865 SL 7.000000000000 0 0    
HP 24" DESKTOP PC 2023-10-06 1,820 182 SL 5.000000000000 364 0    
HP 24" DESKTOP PC 2023-10-06 1,820 182 SL 5.000000000000 364 0    

TY 2024 InvestmentsCorpBondsSchedule
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Name of Bond End of Year Book Value End of Year Fair Market Value
MORGAN STANLEY 2,071,322 2,071,322

TY 2024 InvestmentsCorpStockSchedule
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Name of Stock End of Year Book Value End of Year Fair Market Value
MORGAN STANLEY 16,782,904 16,782,904

TY 2024 InvestmentsOtherSchedule2
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AMERITRADE AT COST 127,082 127,082
MORGAN STANLEY AT COST 983,580 983,580

TY 2024 LandEtcSchedule2
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
TELEPHONE SYSTEM 2,223 2,223 0  
OFFICE DESK 1,450 1,450 0  
2 DRAWER LATERAL FILE 550 550 0  
72X36 CONFERENCE DESK 1,050 1,050 0  
36X30 CONFERENCE DESK 550 550 0  
2 DRAWER LETTER FILE 450 450 0  
72X36 CONFERENCE TABLE 750 750 0  
10 BURGUNDY CHAIRS 1,250 1,250 0  
2 60" FOLDING TABLE AND 4 STACKING CHAIRS 210 210 0  
76" OPEN SHELF FILES - 2 550 550 0  
2 76" TRADITIONAL BOOKCASES 900 900 0  
52" TRADITIONAL BOOKCASE 500 500 0  
HP LASERJET PRINTER 250 250 0  
REFRIGERATOR 232 232 0  
HP LAPTOP 596 596 0  
DELL PROJECTOR 865 865 0  
HP 24" DESKTOP PC 1,820 546 1,274  
HP 24" DESKTOP PC 1,820 546 1,274  


TY 2024 OtherAssetsSchedule
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
RIGHT OF USE OPERATING LEASE ASSET 163,162 144,277 144,277


TY 2024 OtherDecreasesSchedule
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Description Amount
UNREALIZED LOSS ON INVESTMENTS 464,449


TY 2024 OtherExpensesSchedule
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EQUIPMENT RENTAL AND MAINTENANCE 5,230 1,569   3,661
OFFICE SUPPLIES 4,924 1,477   3,447
DUES & MEMBERSHIPS 2,015 605   1,411
INSURANCE 4,787 1,436   3,351
POSTAGE 1,323 397   926
TELEPHONE 3,116 935   2,181
WEBSITE 515 0   515
HOSPITALITY 495 149   347
BANK FEES 10 3   7
MISCELLANEOUS 837 251   586
COMPUTERS 829 249   580


TY 2024 OtherIncomeSchedule2
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
MISC REVENUE 1,495   1,495
SALES TAX REFUND 1,303   1,303


TY 2024 OtherLiabilitiesSchedule
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Description Beginning of Year - Book Value End of Year - Book Value
OPERATING LEASE LIABILITY 168,708 151,499
EXCISE TAX PAYABLE 0 6,848


TY 2024 OtherProfessionalFeesSchedule
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 84,374 84,374   0


TY 2024 TaxesSchedule
Name:
TANNENBAUM-STERNBERGER FOUNDATION INC
EIN:
56-6045483
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 1,568 1,568   0
PAYROLL TAXES 11,492 3,448   8,044
EXCISE TAXES 17,241 17,241   0