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
VIRGINIA W KETTERING FOUNDATION XXXXX3003
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

31-6570701
B Telephone number (see instructions)

(800) 496-2583
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$32,234,649J 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... 935,994 935,994  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 932,486
b Gross sales price for all assets on line 6a 6,887,404
7 Capital gain net income (from Part IV, line 2)... 932,486
8 Net short-term capital gain......... 0
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........ 1,868,480 1,868,480  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 161,247 107,498   53,749
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
24,843 12,426   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
200     200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 186,290 119,924 0 53,949
25 Contributions, gifts, grants paid....... 1,414,078 1,414,078
26 Total expenses and disbursements. Add lines 24 and 25 1,600,368 119,924 0 1,468,027
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 268,112
b Net investment income (if negative, enter -0-) 1,748,556
c Adjusted net income (if negative, enter -0-)... 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............. 12,424 466,719 466,719
2 Savings and temporary cash investments......... 762,236 524,360 524,360
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
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)....... 10,613,945 Click to see attachment
List of Attached Documents:
// Content
10,057,044 		17,625,674
c Investments—corporate bonds (attach schedule)....... 10,010,743 Click to see attachment
List of Attached Documents:
// Content
11,013,211 		10,599,284
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).......... 2,196,064 Click to see attachment
List of Attached Documents:
// Content
1,688,737 		3,018,612
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 23,595,412 23,750,071 32,234,649
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 23,595,412 23,750,071
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)..... 23,595,412 23,750,071
30 Total liabilities and net assets/fund balances (see instructions). 23,595,412 23,750,071
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
23,595,412
2
Enter amount from Part I, line 27a .....................
2
268,112
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
10,575
4
Add lines 1, 2, and 3 ..........................
4
23,874,099
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
124,028
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
23,750,071
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 1127. VANGUARD BD INDEX TOTAL BD MKT ETF   2022-03-23 2024-01-22
b 2819. VANGUARD BD INDEX TOTAL BD MKT ETF   2022-03-23 2024-01-22
c 13771.685 VANGUARD TTL INTL BND-ADM   2020-07-16 2024-01-22
d 6030. VANGUARD MORTGAGE-BACKED SEC     2024-01-22
e 58606.835 VANGUARD TTL INTL BND-ADM     2024-02-22
17834.793 SIX CIRCLES US UNCONSTR EQ     2024-04-23
8423.586 SIX CIRCLES GLOBAL BOND   2021-01-26 2024-04-23
39. VANGUARD INT-TERM CORPORATE   2024-02-22 2024-05-07
2763. VANGUARD INT-TERM CORPORATE   2024-02-22 2024-05-07
1. CASH RECEIPT SECURITIES LITIGATION   2022-01-01 2024-06-26
985. JPMORGAN BETABUILDERS EUROPE ETF   2024-02-22 2024-07-17
930. JPMORGAN BETABUILDERS JAPAN ETF   2021-01-26 2024-07-17
1969. JPMORGAN BETABUILDERS CANADA   2018-08-13 2024-07-17
1133. SPDR TR UNIT SER 1   2010-06-09 2024-07-17
18444.949 SIX CIRCLES US UNCONSTR EQ     2024-07-17
2552. VANGUARD LONG-TERM TREASURY ETF   2024-01-22 2024-08-07
290. SPDR TR UNIT SER 1   2010-06-09 2024-10-02
377. SPDR TR UNIT SER 1   2010-06-09 2024-10-28
9163.103 SIX CIRCLES US UNCONSTR EQ   2024-08-07 2024-10-28
5992.155 SIX CIRCLES US UNCONSTR EQ   2022-01-26 2024-10-28
8685. ISHARES BROAD USD HIGH YIELD     2024-12-02
81. JPMORGAN BETABUILDERS EUROPE ETF   2024-02-22 2024-12-02
1855. JPMORGAN BETABUILDERS EUROPE ETF   2023-01-18 2024-12-02
6033. JPMORGAN BETABUILDERS EUROPE ETF   2023-01-18 2024-12-02
2034. JPMORGAN BETABUILDERS JAPAN ETF     2024-12-02
2663.267 SIX CIRCLES CREDIT OPPORT   2024-07-18 2024-12-02
30571.968 SIX CIRCLES CREDIT OPPORT     2024-12-02
7465. VANGUARD LONG-TERM TREASURY ETF     2024-12-02
1. STARWOOD SOF IX PRIVATE INVESTORS OFFSHORE L.P. CLASS A - NON-SELF   2022-01-01 2024-12-31
1. SLP IV PRIVATE INVESTORS OFFSHORE, L.P.- CLASS A - (NON-SELF-DEALIN   2022-01-01 2024-12-31
1. DOLLAR SENIOR LOAN OFFSHORE FUND II, LTD. CLASS A SHARES (DISTRIBUT   2022-01-01 2024-12-31
1. MARINER ATLANTIC MULTI-STRATEGY FUND, LTD. CLASS T SHARES - SERIES   2022-01-01 2024-12-31
1. REDMILE CAPITAL OFFSHORE FUND, LTD. CLASS A SUB-CLASS 10 - NEW ISSU   2022-01-01 2024-12-31
1. VARDE CREDIT PARTNERS (OFFSHORE), LTD. CLASS J - NEW ISSUES INELIGI   2022-01-01 2024-12-31
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN 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 82,004   89,625 -7,621
b 205,150   224,181 -19,031
c 268,961   318,401 -49,440
d 275,523   314,754 -39,231
e 1,141,075   1,281,159 -140,084
285,000   258,737 26,263
70,000   83,679 -13,679
3,096   3,111 -15
219,415   220,424 -1,009
50     50
59,267   56,778 2,489
54,968   53,550 1,418
133,167   96,789 36,378
631,641   122,429 509,212
325,000   258,303 66,697
153,358   151,142 2,216
164,960   31,337 133,623
219,454   40,738 178,716
169,334   150,000 19,334
110,735   81,433 29,302
323,662   318,507 5,155
4,697   4,669 28
107,573   97,739 9,834
349,568   317,875 31,693
118,752   116,615 2,137
23,890   23,676 214
274,231   284,714 -10,483
439,788   434,850 4,938
12,961   5,792 7,169
93,655   6,584 87,071
21,400     21,400
6,875     6,875
138,713   237,327 -98,614
343,916   270,000 73,916
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
      55,565
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       -7,621
b       -19,031
c       -49,440
d       -39,231
e       -140,084
      26,263
      -13,679
      -15
      -1,009
      50
      2,489
      1,418
      36,378
      509,212
      66,697
      2,216
      133,623
      178,716
      19,334
      29,302
      5,155
      28
      9,834
      31,693
      2,137
      214
      -10,483
      4,938
      7,169
      87,071
      21,400
      6,875
      -98,614
      73,916
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 932,486
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 24,305
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 24,305
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 24,305
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 12,528
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 24,255
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 36,783
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 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 12,478
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow12,478 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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowOH
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 .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
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 arrowJP MORGAN CHASE BANK N A Telephone no.right arrow (800) 496-2583

Located atright arrow10 S DEARBORN IL1-0111CHICAGOIL ZIP+4right arrow60603
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JP MORGAN CHASE BANK NA TRUSTEE
2 		161,247    
10 S DEARBORN IL1-0111
CHICAGO,IL60603
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 arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
31,145,399
b
Average of monthly cash balances.......................
1b
457,537
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
31,602,936
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
31,602,936
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
474,044
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
31,128,892
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,556,445
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
1,556,445
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
24,305
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
24,305
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,532,140
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,532,140
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
1,532,140
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
1,468,027
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,468,027
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 1,532,140
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...... 83,387
b From 2020...... 0
c From 2021...... 0
d From 2022...... 9,354
e From 2023...... 77,723
f Total of lines 3a through e ........ 170,464
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,468,027
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..... 1,468,027
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 64,113 64,113
(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 5 106,351
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) ... 		19,274
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		87,077
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 9,354
d Excess from 2023.... 77,723
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:
JP MORGAN CHASE BANK N A
10 S DEARBORN IL1-0111
CHICAGO,IL60603
(800) 496-2583
info@ketteringfamilyphilanthropies.org
bThe form in which applications should be submitted and information and materials they should include:
www.jpmorgan.com/onlinegrants
cAny submission deadlines:
NONE
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

NATIONAL SOCIETY TO PREVENT
BLINDNESS-OHIO FOR EYE
1500 W THIRD AVE 200
COLUMBUS,OH43212 		NONE PC GENERAL 14,000

DOWNTOWN DAYTON

10 W SECOND STREET STE 611
DAYTON,OH45402 		NONE PC GENERAL 22,180

K12 GALLERY FOR YOUNG PEOPLE

510 E 3RD ST
Dayton,OH45402 		NONE PC GENERAL 15,000

LEAGUE OF WOMEN VOTERS GREATER DAYTON

127 NORTH LUDLOW STREET
DAYTON,OH45402 		NONE PC GENERAL 10,000

VIOLENCE FREE FUTURES

380 BELLBROOK AVE
Xenia,OH45385 		NONE PC GENERAL 25,000

SCORE ASSOCIATION

5818 WILMINGTON PIKE 247
Dayton,OH45459 		NONE PC GENERAL 10,000

ST VINCENT DE PAUL SOCIAL
SERVICES INC
124 W APPLE STREET
Dayton,OH45402 		NONE PC GENERAL 30,000

THE JAMES MCOX JR ARBORETUM FO

6733 SPRINGBORO PIKE
Dayton,OH45449 		NONE PC GENERAL 15,000

THE LEARNING TREE PROJECT

3376 S UNION RD
Dayton,OH45417 		NONE PC GENERAL 10,000

GOODWILL INDUSTRIES

660 SOUTH MAIN ST
Dayton,OH45402 		NONE PC GENERAL 20,000

HUMANE SOCIETY OF GREATER DAYTON

1661 NICHOLAS RD
Dayton,OH45417 		NONE PC GENERAL 10,000

YWCA OF DAYTON

141 W THIRD ST
Dayton,OH45402 		NONE PC GENERAL 35,000

WE CARE ARTS

3035 WILMINGTON PIKE
Kettering,OH45429 		NONE PC GENERAL 7,500

SPRINGFIELD MUSEUM OF ART

107 CLIFF PARK RD
Springfield,OH45504 		NONE PC GENERAL 10,000

AFFILIATE SOCIETIES COUNCIL

4801 SPRINGFIELD ST STE 2-23
DAYTON,OH45431 		NONE PC GENERAL 5,000

NATIONAL AVIATION HALL OF FAME

1100 SPAATZ ST
Dayton,OH45433 		NONE PC GENERAL 15,000

ARTEMIS CENTERALTERNATIVES
TO DOMESTIC VIOLENCE
310 WEST MONUMENT AVE
DAYTON,OH45402 		NONE PC GENERAL 30,000

GIRL SCOUTS OF WESTERN OHIO

450 SHOUP MILL ROAD
DAYTON,OH45415 		NONE PC GENERAL 15,000

DAYTON CONTEMPORARY DANCE CO

840 GERMANTOWN STREET
DAYTON,OH45402 		NONE PC GENERAL 40,000

BLACK BROTHERS AND BLACK SISTERS
INVOLVEMENT
PO BOX 60515
Dayton,OH45406 		NONE PC GENERAL 15,000

CHOICES IN COMMUNITY LIVING

1651 NEEDMORE RD
Dayton,OH45414 		NONE PC GENERAL 3,000

CRAYONS TO CLASSROOMS

1750 WOODMAN DRIVE
DAYTON,OH45420 		NONE PC GENERAL 15,000

BRIGIDS PATH

3601 S DIXIE DR
MORAINE,OH45439 		NONE PC GENERAL 25,000

THERAPEUTIC RIDING INSTITUTE

3960 MIDDLE RUN RD
Spring Valley,OH45370 		NONE PC GENERAL 5,000

SENIOR RESOURCE CONNECTION

222 SALEM AVENUE
DAYTON,OH45406 		NONE PC GENERAL 10,000

HABITAT FOR HUMANITY OF GREATER DAYTON

115 W RIVERVIEW AVENUE
DAYTON,OH45405 		NONE PC GENERAL 10,000

THE HUMAN RACE INC

126 N MAIN ST STE 300
DAYTON,OH45402 		NONE PC GENERAL 25,000

JUNIOR ACHIEVEMENT OF OKI

644 LINN STREET SUITE 1024
Cincinnati,OH45203 		NONE PC GENERAL 12,500

GOOD NEIGHBOR HOUSE

844 SOUTH PATTERSON BLVD
DAYTON,OH45402 		NONE PC GENERAL 35,000

GREATER DAYTON PUBLIC TELEVISION

110 S JEFFERSON ST
DAYTON,OH45402 		NONE PC GENERAL 30,000

PHILANTHROPY OHIO

37 WEST BROARD STREET
COLUMBUS,OH43215 		NONE PC GENERAL 2,398

DAYTON PERFORMING ARTS ALLIANCE

126 N MAIN ST STE 210
DAYTON,OH45402 		NONE PC GENERAL 165,000

MONTGOMERY COUNTY
JUVENILE COURT
380 W SECOND STREET
DAYTON,OH45402 		NONE PC GENERAL 30,000

BACH SOCIETY OF DAYTON

126 N MAIN ST 210
DAYTON,OH45402 		NONE PC GENERAL 7,500

YMCA DAYTON

141 WEST 3RD STREET
DAYTON,OH45402 		NONE PC GENERAL 30,000

DAYTON FOUNDATION

40 N MAIN ST 500
DAYTON,OH45423 		NONE PC GENERAL 25,000

FOODBANK INC

56 ARMOR PL
Dayton,OH45417 		NONE PC GENERAL 35,000

THE DAYTON METRO LIBRARY FOUNDATION

215 E THIRD ST
DAYTON,OH45402 		NONE PC GENERAL 20,000

PLANNED PARENTHOOD
SOUTHWEST OHIO
2314 AUBURN AVENUE
CINCINNATI,OH45219 		NONE PC GENERAL 75,000

THE URBAN LEAGUE OF GREATER
SW OHIO MIAMI VALLEY
907 WEST FIFTH STREET
DAYTON,OH45402 		NONE PC GENERAL 5,000

KIDS IN NEW DIRECTION

425 N FINDLEY STREET
DAYTON,OH45403 		NONE PC GENERAL 15,000

MIAMI VALLEY MEALS INC

428 S EDWIN C MOSES BLVD
DAYTON,OH45402 		NONE PC GENERAL 20,000

HELPING OUR FAMILIES

4123 LAURA MARIE DRIVE
Waynesville,OH45068 		NONE PC GENERAL 10,000

DAYTON ART INSTITUTE

456 BELMONTE PARK NORTH
DAYTON,OH45405 		NONE PC GENERAL 75,000

DAYBREAK

605 SOUTH PATTERSON BLVD
DAYTON,OH45402 		NONE PC GENERAL 30,000

CLOTHES THAT WORK

1133 S EDWIN C MOSES BLVD 392
DAYTON,OH45417 		NONE PC GENERAL 25,000

MUSE MACHINE

126 N MAIN STREET STE 130
DAYTON,OH45402 		NONE PC GENERAL 25,000

BRUNNER LITERACY

4825 SALEM AVE
DAYTON,OH45416 		NONE PC GENERAL 15,000

BRUKNER NATURE CENTER

5995 HORSESHOE BEND ROAD
TROY,OH45373 		NONE PC GENERAL 15,000

EL PUENTE EDUCATIONAL CENTER

22 NOTRE DAME AVENUE
Dayton,OH45404 		NONE PC GENERAL 7,500

MIAMI VALLEY NONPROFIT COLLABORATIVE

15 W 4TH STREET STE 300
TIPP CITY,OH45371 		NONE PC GENERAL 5,000

PRE SCHOOL PROMISE INC

2251 TIMBER LN
Dayton,OH45414 		NONE PC GENERAL 5,000

HANNAH'S TREASURE CHEST

124 WESTPARK RD
Centerville,OH45459 		NONE PC GENERAL 15,000

WESLEY COMMUNITY CENTER

3730 DELPHOS AVE
Dayton,OH45417 		NONE PC GENERAL 15,000

WILDERNESS INQUIRY FOR CANOEMOBILE

808 14TH AVE SE
MINNEAPOLIS,MN55414 		NONE PC GENERAL 10,000

ON-THE-RISE

4177 DIALTON RD
Springfield,OH45502 		NONE PC GENERAL 7,500

GIRLS ON THE RUN OF DAYTON

PO BOX 752105
Dayton,OH45475 		NONE PC GENERAL 10,000

BIG BROTHERS BIG SISTERS OF BUTLER
COUNTY
1755 S ERIE BLVD STE D
HAMILTON,OH45011 		NONE PC GENERAL 10,000

BIG BROTHERS BIG SISTERS OF THE GREATER
MIAMI VALLEY INC
22 S JEFFERSON STREET
DAYTON,OH45402 		NONE PC GENERAL 20,000

CHILDREN'S HUNGER ALLIANCE

1105 SCHROCK ROAD STE 505
COLUMBUS,OH43229 		NONE PC GENERAL 10,000

DAYTON LIVE (FORMERLY VICTORIA THEATRE
ASSOCIATION)
138 NORTH MAIN STREET
DAYTON,OH454021776 		NONE PC GENERAL 75,000

FRIENDS OF LEVITT PAVILION DAYTON

2312 FAR HILL AVE STE 194
DAYTON,OH454191512 		NONE PC GENERAL 20,000

MIAMI VALLEY PUBLIC MEDIA INC

150 E SOUTH COLLEGE ST
YELLOW SPRINGS,OH45387 		NONE PC GENERAL 15,000

THE CONTEMPORARY DAYTON

118 N JEFFERSON ST
DAYTON,OH45402 		NONE PC GENERAL 20,000

THE NATIONAL BLACK MBA ASSOCIATION

PO BOX 3709
DAYTON,OH454013709 		NONE PC GENERAL 10,000

AMERICAN DIABETES ASSOCAITION

10200 ALLIANCE ROAD STE 101
BLUS ASH,OH45242 		NONE PC GENERAL 10,000
Total .................................right arrow 3a 1,414,078
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 935,994  
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 ............ 		    18 932,486  
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) ..   1,868,480  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,868,480
(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 ExplnOfNonFilingWithAGStmt
Name:
VIRGINIA W KETTERING FOUNDATION XXXXX3003
EIN:
31-6570701
Statement:
The Ohio Attorney General requires that charitable organizations operating or organized within the State submit an annual registration through an online portal that highlights key information from the Form 990-PF for public disclosure purposes. The Trust completes this registration as required in lieu of furnishing a copy of its Form 990-PF to comply with the specific reporting instructions of the State of Ohio.

TY 2024 InvestmentsCorpBondsSchedule
Name:
VIRGINIA W KETTERING FOUNDATION XXXXX3003
EIN:
31-6570701
Name of Bond End of Year Book Value End of Year Fair Market Value
92203J308 VANGUARD TTL INTL BN 487,464 448,461
83002G108 SIX CIRCLES ULTR SHR 328,477 328,522
83002G702 SIX CIRCLES GLOBAL B 5,495,649 5,162,153
83002G884 SIX CIRCLES CREDIT O 1,275,224 1,298,985
92206C771 VANGUARD MORTGAGE-BA 979,559 961,163
921937835 VANGUARD TOTAL BOND 672,109 640,143
92203J407 VANGUARD TOTAL INTL 1,165,148 1,140,413
92206C847 VANGUARD LONG-TERM T    
92206C870 VANGUARD INT-TERM CO 609,581 619,444

TY 2024 InvestmentsCorpStockSchedule
Name:
VIRGINIA W KETTERING FOUNDATION XXXXX3003
EIN:
31-6570701
Name of Stock End of Year Book Value End of Year Fair Market Value
78462F103 SPDR S&P 500 ETF TRU 404,134 2,191,939
315911750 FIDELITY 500 INDEX F 3,924,820 7,591,522
83002G306 SIX CIRCLES US UNCON 2,184,734 3,649,944
83002G405 SIX CIRCLES INTL UNC 2,232,553 2,482,702
46641Q191 JPMORGAN BETABUILDER    
46641Q217 JPMORGAN BETABUILDER 592,764 779,767
46641Q225 JPMORGAN BETABUILDER 343,584 499,142
46641Q233 JPMORGAN BETABUILDER 374,455 430,658

TY 2024 InvestmentsOtherSchedule2
Name:
VIRGINIA W KETTERING FOUNDATION XXXXX3003
EIN:
31-6570701
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
576814925 CCMP III PRIVATE INV AT COST   3,635
811711969 STARWOOD SOF IX PRIV AT COST   43,261
827994922 SILVER LAKE PARTNERS AT COST   709,688
HEVARAAD6 VARDE CREDIT PARTNER      
986903920 SCULPTOR OF II PRIVA AT COST 270,000 343,606
HENWMAAM2 EMERGING MARKET CURR AT COST 270,000 372,701
HECSMAEE7 DOLLAR SENIOR LOAN O AT COST 250,000 243,240
HECTUAJD3 COATUE OFFSHORE FUND AT COST 66,065 376,957
HERMCAJ42 REDMILE CAPITAL OFFS      
HEARSAA09 ARISTEIA INTERNATION AT COST 320,000 365,807
HERMCATM1 REDMILE CAPITAL OFFS      
HEMRNAJT9 MARINER ATLANTIC MUL      
HENYAAJG5 NAYA FUND CLASS A - AT COST 250,000 288,721
HEMRNAKQ3 MARINER ATLANTIC MUL AT COST 250,000 265,879
HERMCA679 REDMILE CAPITAL OFFS AT COST 1,682 654
HERMCA877 REDMILE CAPITAL OFFS AT COST 5,293 2,473
HERMCBCQ8 REDMILE CAPITAL OFFS AT COST 5,697 1,990

TY 2024 OtherDecreasesSchedule
Name:
VIRGINIA W KETTERING FOUNDATION XXXXX3003
EIN:
31-6570701
Description Amount
2024 TRANSACTION POSTED IN 2025 7,351
RETURN OF CAPITAL ADJUSTMENT 116,662
MUTUAL FUND ADJUSTMENT 15


TY 2024 OtherExpensesSchedule
Name:
VIRGINIA W KETTERING FOUNDATION XXXXX3003
EIN:
31-6570701
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ATTORNEY GENERAL FEE 200 0   200


TY 2024 OtherIncreasesSchedule
Name:
VIRGINIA W KETTERING FOUNDATION XXXXX3003
EIN:
31-6570701
Description Amount
2023 TRANSACTION POSTED IN 2024 10,560
ROUNDING 15


TY 2024 TaxesSchedule
Name:
VIRGINIA W KETTERING FOUNDATION XXXXX3003
EIN:
31-6570701
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAX PAYMENT - PRIOR YE 8,052 0   0
FEDERAL ESTIMATES - INCOME 4,365 0   0
FOREIGN TAXES ON QUALIFIED FOR 10,203 10,203   0
FOREIGN TAXES ON NONQUALIFIED 2,223 2,223   0