TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
PEOPLE'S SUPPORT FOUNDATION LIMITED

Number and street (or P.O. box number if mail is not delivered to street address)323 E WACKER DRIVE NO 256
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60601

A Employer identification number

82-1202926

B Telephone number (see instructions)

(312) 650-9743

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$111,609,095J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	1,242,601		1,242,601
4	Dividends and interest from securities...	711,233		711,233
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		4,728,278
b	Gross sales price for all assets on line 6a 43,837,027
7	Capital gain net income (from Part IV, line 2)...			4,728,278
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).......	List of Attached Documents: // Content	144,249	130,977
12	Total. Add lines 1 through 11........	6,826,361		6,813,089
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	11,730	11,730	0
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	104,196	52,098	52,098
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	575,747	575,747	0
17	Interest...............	72,149		72,034	0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	90,421	40,418	0
19	Depreciation (attach schedule) and depletion...			100,000
20	Occupancy..............
21	Travel, conferences, and meetings.......	30,469		0	30,469
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	40,766	6,932	33,834
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	925,478		858,959	116,401
25	Contributions, gifts, grants paid.......	21,266,629			21,266,629
26	Total expenses and disbursements. Add lines 24 and 25	22,192,107		858,959	21,383,030
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-15,365,746
b	Net investment income (if negative, enter -0-)			5,954,130
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	4,018,248	3,952,908	3,952,908
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	107,894	97,834	97,834
	10a	Investments—U.S. and state government obligations (attach schedule)	10,563,934	List of Attached Documents: // Content 9,603,767	9,603,767
	b	Investments—corporate stock (attach schedule).......	64,355,472	List of Attached Documents: // Content 54,068,376	54,068,376
	c	Investments—corporate bonds (attach schedule).......	23,857,336	List of Attached Documents: // Content 21,174,042	21,174,042
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	23,195,695	List of Attached Documents: // Content 22,712,168	22,712,168
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	126,098,579	111,609,095	111,609,095
	17	Accounts payable and accrued expenses..........	179	347
	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 )
	23	Total liabilities (add lines 17 through 22).........	179	347
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	123,562,823	126,098,400
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	2,535,577	-14,489,652
	29	Total net assets or fund balances (see instructions).....	126,098,400	111,608,748
	30	Total liabilities and net assets/fund balances (see instructions).	126,098,579	111,609,095

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

126,098,400

Enter amount from Part I, line 27a .....................

-15,365,746

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

876,094

Add lines 1, 2, and 3 ..........................

111,608,748

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

111,608,748

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
1 a	PUBLICLY TRADED SECURITIES	P
b	PUBLICLY TRADED SECURITIES CAP. GAIN DIST.	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	43,603,125	39,108,749	4,494,376
b	233,902		233,902
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			4,494,376
b			233,902
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	4,728,278
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	82,762
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	82,762
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	82,762
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	81,268
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	38,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	119,268
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	36,506
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax36,506	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

Yes

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

JODIE EVANS Telephone no. right arrow

(312) 650-9743

Located at right arrow

323 E WACKER DRIVE SUITE 256CHICAGOIL ZIP+4 right arrow

60601

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

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? .................

16Yes

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

Yes

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

Yes

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

Yes

If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment

List of Attached Documents:

// Content

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
JODIE EVANS	PRESIDENT/DIRECTOR 2.00	0	0	0
323 E WACKER DR SUITE 256 CHICAGO,IL60601	PRESIDENT/DIRECTOR 2.00	0	0	0
JASON PFETCHER	TREASURER/DIRECTOR 10.00	0	0	0
323 E WACKER DR SUITE 256 CHICAGO,IL60601	TREASURER/DIRECTOR 10.00	0	0	0
JO ANDERSON-FIGUEROA	SECRETARY/DIRECTOR 2.00	0	0	0
323 E WACKER DR SUITE 256 CHICAGO,IL60601	SECRETARY/DIRECTOR 2.00	0	0	0
CAROLYN BAKER	DIRECTOR 2.00	0	0	0
323 E WACKER DR SUITE 256 CHICAGO,IL60601	DIRECTOR 2.00	0	0	0
LAYAN FULEIHAN	DIRECTOR 2.00	0	0	0
323 E WACKER DR SUITE 256 CHICAGO,IL60601	DIRECTOR 2.00	0	0	0

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...................				0

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
RBC CAPITAL MARKETS LLC	INVESTMENT MANAGEMENT SERVICES	481,864
PO BOX 1510 MINNEAPOLIS,MN55440	INVESTMENT MANAGEMENT SERVICES	481,864
POMEGRANATE GLOBAL LTD	CONSULTING SERVICES	94,950
40 MEADOWBANK LONDON NW33AY UK	CONSULTING SERVICES	94,950
SCALI & ASSOCIATES PC	ACCOUNTING SERVICES	66,716
190 LIBTERTY ROAD UNIT 1 CRYSTAL LAKE,IL60014	ACCOUNTING SERVICES	66,716

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2024)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

94,833,501

Average of monthly cash balances.......................

3,945,311

Fair market value of all other assets (see instructions)................

22,810,002

Total (add lines 1a, b, and c).........................

121,588,814

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

121,588,814

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

1,823,832

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

119,764,982

Minimum investment return. Enter 5% (0.05) of line 5................

5,988,249

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.)

Minimum investment return from Part IX, line 6..................

5,988,249

Tax on investment income for 2024 from Part V, line 5 .......

82,762

Income tax for 2024. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

82,762

Distributable amount before adjustments. Subtract line 2c from line 1............

5,905,487

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

5,905,487

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

5,905,487

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

21,383,030

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

21,383,030

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					5,905,487
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......	4,785,598
b From 2020......	4,864,966
c From 2021......	6,723,515
d From 2022......	8,754,650
e From 2023......	8,521,813
f Total of lines 3a through e ........		33,650,542
4Qualifying distributions for 2024 from Part
XI, line 4: $ 21,383,030
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.....					5,905,487
e Remaining amount distributed out of corpus		15,477,543
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		49,128,085
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) ...		4,785,598
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		44,342,487
10 Analysis of line 9:
a Excess from 2020....	4,864,966
b Excess from 2021....	6,723,515
c Excess from 2022....	8,754,650
d Excess from 2023....	8,521,813
e Excess from 2024....	15,477,543

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 4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2024)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	20,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	120,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	250,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	300,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	300,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	225,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	225,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	225,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	459,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	459,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	1,441,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	1,441,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	568,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	434,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	134,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	450,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	250,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	89,629
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	210,000
JUSTICE AND EDUCATION FUND 2214 FREDERICK DOUGLASS BLVD 203 NEW YORK,NY10026		PC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	2,900,000
JUSTICE AND EDUCATION FUND 2214 FREDERICK DOUGLASS BLVD 203 NEW YORK,NY10026		PC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	2,470,000
UNITED COMMUNITY FUND 209 W 29TH ST SUITE 6307 NEW YORK,NY10001		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	275,000
UNITED COMMUNITY FUND 209 W 29TH ST SUITE 6307 NEW YORK,NY10001		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	150,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	500,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	332,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	150,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	150,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	1,350,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704		NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	389,000
THE PEOPLE'S FORUM 320 WEST 37TH STREET NEW YORK,NY10018		PC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	5,000,000
Total ................................. 3a				21,266,629

bApproved for future payment
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	1,350,000
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	69,800
PEOPLE'S WELFARE ASSOCIATION 1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	NC	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	199,160
Total ................................. 3b			1,618,960

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	(e) Related or exempt function income (See instructions.)
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	1,242,601
4 Dividends and interest from securities ....			14	711,233
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	4,728,278
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aRECLAIMABLE FOREIGN TAX RECEIVED			01	8,713
bOTHER INCOME			01	135,536
c			01
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		6,826,361	0

13Total. Add line 12, columns (b), (d), and (e)..................

6,826,361

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

Yes

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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
1a(1)	10,471,629	PEOPLES WELFARE ASSOCIATION	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE 1986.
1a(1)	425,000	UNITED COMMUNITY FUND	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE 1986.

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

PEOPLE'S SUPPORT FOUNDATION LIMITED

EIN:

82-1202926

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	66,716	33,358		33,358
TAX SERVICE	37,480	18,740		18,740

- TIN:

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

TY 2024 ExpenditureResponsibilityStmt

Name:

PEOPLE'S SUPPORT FOUNDATION LIMITED

EIN:

82-1202926

Grantee's Name	Grantee's Address	Grant Date	Grant Amount	Grant Purpose	Amount Expended By Grantee	Dates of Reports By Grantee
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-02-09	20,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	20,000	05/22/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-05-16	120,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	85,000	05/22/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-03-07	250,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	250,000	05/13/2024
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-03-21	300,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	300,000	04/09/2024
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-02-29	300,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	300,000	03/13/2024
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-03-07	225,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	225,000	05/14/2024; 08/14/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-05-17	225,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	225,000	05/14/2024; 08/14/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-07-11	225,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	225,000	05/14/2024; 08/14/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-01-22	459,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	459,000	04/08/2024
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-03-21	459,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	459,000	04/08/2024
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-01-22	1,441,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	1,441,000	06/11/2024;02/05/2025;03/20/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-06-27	1,441,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	1,441,000	06/11/2024;02/05/2025;03/20/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-01-22	568,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	568,000	05/01/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-07-18	434,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	434,000	05/01/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-12-05	134,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	134,000	05/01/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-01-22	450,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	450,000	05/01/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-07-11	250,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	250,000	05/01/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-03-20	89,629	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	89,629	05/22/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-05-09	210,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	210,000	05/01/2025
UNITED COMMUNITY FUND	209 W 29TH ST SUITE 6307 NEW YORK,NY10001	2024-08-22	275,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	275,000	07/14/2025
UNITED COMMUNITY FUND	209 W 29TH ST SUITE 6307 NEW YORK,NY10001	2024-05-30	150,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	150,000	07/14/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-07-11	500,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	500,000	05/01/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-07-31	332,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	245,000	07/24/2025;06/26/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-09-16	150,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	150,000	08/14/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-10-17	150,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	150,000	05/01/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-12-02	1,350,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	1,350,000	08/12/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2024-12-19	389,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	389,000	08/14/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2023-08-10	20,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	20,000	06/04/2024;05/22/2025
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2023-12-13	250,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	250,000	05/13/2024
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2023-12-13	300,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	300,000	04/09/2024
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2023-12-13	300,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	300,000	03/13/2024
PEOPLE'S WELFARE ASSOCIATION	1213 N SHERMAN AVENUNE SUITE 342 MADISON,WI53704	2023-12-21	225,000	FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE 1986.	225,000	05/14/2024;08/14/2025

- TIN:

TY 2024 GeneralExplanationAttachment

Name:

PEOPLE'S SUPPORT FOUNDATION LIMITED

EIN:

82-1202926

Identifier	Return Reference	Explanation
	FORM 990-PF, PART VII-A, LINE 11 - LIST OF CONTROLLED ENTITIES	ISIVUNO EXPORTS PROPRIETARY LIMITED2ND FLOOR, SOUTHPOINT CORNER, 87 DE KORTE STREETBRAAMFONTEINJOHANNESBURG, SOUTH AFRICA 2001EXCESS BUSINESS HOLDING: NO

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

PEOPLE'S SUPPORT FOUNDATION LIMITED

EIN:

82-1202926

Name of Bond	End of Year Book Value	End of Year Fair Market Value
FNMA GTD PASS THRU POOL#BS8569	192,168	192,168
TRIMBLE INC SENIOR NOTE 4.90 % DUE JUN 15, 2028	330,392	330,392
SYSCO CORP SENIOR UNSECURED NOTES 2.40 % DUE FEB 15, 2030	169,308	169,308
AMERICAN TOWER CORP NEW SR UNSECURED 4.40 % DUE FEB 15, 2026	343,901	343,901
GNMA REMIC TRUST 2023-126 A	185,386	185,386
GNMA REMIC TRUST SER 2023-177 CL A	97,781	97,781
TORONTO DOMINION BK SENIOR UNSECURED NOTES 5.146 % DUE SEP 10, 2034	337,238	337,238
HASBRO INC SENIOR UNSECURED 3.90 % DUE NOV 19, 2029	335,461	335,461
TORONTO DOMINION BANK SENIOR UNSECURED NOTES 5.264 % DUE DEC 11, 2026	24,326	24,326
GNMA REMIC TRUST SER 23-144 CL AB	190,861	190,861
FNMA GTD PASS THRU POOL#CB7233 UMBS	87,866	87,866
GOLDMAN SACHS GROUP INC 4.387 % DUE JUN 15, 2027	189,255	189,255
APPLE INC SENIOR UNSECURED 3.35 % DUE AUG 8, 2032	339,369	339,369
GOVERNMENT NATIONAL MORTAGE SER 23-197 CL AC	187,868	187,868
ATHENE HOLDING LTD SENIOR UNSECURED NOTES 3.50 % DUE JAN 15, 2031	371,672	371,672
FNMA GTD PASS THRU POOL#BZ0408	100,416	100,416
FNMA GTD PASS THRU POOL#BZ0312	152,079	152,079
FNMA GTD PASS THRU POOL#BZ0093	93,746	93,746
FNMA GTD PASS THRU POOL#BZ0017	202,761	202,761
ARROW ELECTRONICS INC 5.875 % DUE APR 10, 2034	336,243	336,243
FNMA GTD PASS THRU POOL#CB9119 UMBS	60,142	60,142
ASSURED GUARANTY US HOLDINGS SENIOR UNSECURED, MAKE WHOLE 3.15 % DUE JUN 15,	349,366	349,366
FNMA GTD PASS THRU POOL#BS9756	96,583	96,583
GNMA REMIC TRUST 2023-091 AC	183,292	183,292
FNMA GTD PASS THRU POOL#CB7456 UMBS	162,345	162,345
FNMA GTD PASS THRU POOL#DA8575	16,242	16,242
WYETH 6.50 % DUE FEB 1, 2034	345,806	345,806
FNMA GTD PASS THRU POOL#DB6592 UMBS	19,989	19,989
FNMA GTD PASS THRU POOL#DC7000 UMBS	15,516	15,516
WESTINGHOUSE AIR BRAKE CO SENIOR NOTES 4.95 % DUE SEP 15, 2028	341,407	341,407
FNMA GTD PASS THRU POOL#FS2040 UMBS	461,536	461,536
FNMA GTD PASS THRU POOL#FS4194 UMBS	330,616	330,616
FNMA GTD PASS THRU POOL#MA4355 UMBS	46,332	46,332
FNMA GTD PASS THRU POOL#DA4980	76,892	76,892
VONTIER CORPORATION SR GLBL NT 31 2.95 % DUE APR 1, 2031	372,589	372,589
VMWARE INC SR UNSECURED 3.90 % DUE AUG 21, 2027	337,128	337,128
VISA INC SENIOR NOTES 3.15 % DUE DEC 14, 2025	351,417	351,417
FNMA GTD PASS THRU POOL#MA4782 UMBS	169,351	169,351
FNMA GTD PASS THRU POOL#CB7613 UMBS	26,805	26,805
FORTUNE BRANDS INNOVATIONS INC SENIOR UNSECURED 5.875 % DUE JUN 1, 2033	329,816	329,816
FNMA GTD PASS THRU POOL#CB7612 UMBS	58,898	58,898
FNMA GTD PASS THRU POOL#AN0423	157,830	157,830
VERISIGN INC 4.75 % DUE JUL 15, 2027	352,087	352,087
FNMA GTD PASS THRU POOL#CB7459 UMBS	227,255	227,255
UNITED RENTALS NORTH AMER INC SENIOR SECURED NOTES 3.875 % DUE NOV 15, 2027	332,225	332,225
AMERICAN EXPRESS CO SENIOR UNSECURED NOTE 4.05 % DUE MAY 3, 2029	108,120	108,120
FNMA GTD PASS THRU POOL#DA5136	12,264	12,264
FNMA GTD PASS THRU POOL#CB7592 UMBS	24,837	24,837
SMALL BUSINESS ADMINGTD DEV SER 2016-20F CL 1	66,767	66,767
STATE STREET CORP CALLABLE 5.751 % DUE NOV 4, 2026	300,049	300,049
PRUDENTIAL FINANCIAL INC SENIOR UNSECURED NOTES 1.50 % DUE MAR 10, 2026	155,110	155,110
STEELCASE INC SENIOR NOTES 5.125 % DUE JAN 18, 2029	334,205	334,205
PROLOGIS L P SENIOR UNSECURED NOTE 1.25 % DUE OCT 15, 2030	98,660	98,660
CBRE SERVICES INC SENIOR UNSECURED NOTES 5.95 % DUE AUG 15, 2034	354,106	354,106
CDW LLC/CDW FIN CORP 3.25 % DUE FEB 15, 2029	340,719	340,719
CENTENE CORP DEL SR NT 4.25 % DUE DEC 15, 2027	335,371	335,371
JOHN DEERE CAPITAL CORP SENIOR UNSECURED NOTES 4.35 % DUE SEP 15, 2032	335,267	335,267
KEYSIGHT TECHNOLOGIES INC SENIOR UNSECURED NOTES 3.00 % DUE OCT 30, 2029	330,062	330,062
ERP OPER LTD PARTNERSHIP SENIOR NOTE 4.15 % DUE DEC 1, 2028	156,902	156,902
JEFFERIES GROUP LLC/ JEFFERIES GROUP CAP FIN INC 4.85 % DUE JAN 15, 2027	343,105	343,105
FNMA GTD PASS THRU POOL#CB7745 UMBS	17,746	17,746
OWENS CORNING NEW SENIOR UNSECURED 3.95 % DUE AUG 15, 2029	193,470	193,470
ENCOMPASS HEALTH CORP SENIOR UNSECURED NOTE 4.50 % DUE FEB 1, 2028	339,366	339,366
LAMAR MEDIA CORP SR GLBL NT 28 3.75 % DUE FEB 15, 2028	339,054	339,054
COMCAST CORP SENIOR UNSECURED NOTES 4.65 % DUE FEB 15, 2033	90,500	90,500
NORTHERN TR CORP 3.65 % DUE AUG 3, 2028	338,257	338,257
EBAY INC SENIOR UNSECURED 3.60 % DUE JUN 5, 2027	337,382	337,382
NASDAQ STK MKT INC 3.85 % DUE JUN 30, 2026	326,076	326,076
MORGAN STANLEY 5.449 % DUE JUL 20, 2029	341,698	341,698
MEAD JOHNSON NUTRITION CO 4.125 % DUE NOV 15, 2025	335,382	335,382
KYNDRYL HLDGS INC 3.15 % DUE OCT 15, 2031	392,967	392,967
REINSURANCE GROUP AMER INC SENIOR UN SECURED NOTE 3.15 % DUE JUN 15, 2030	334,539	334,539
PROLOGIS L P SENIOR UNSECURED NOTES 4.625 % DUE JAN 15, 2033	138,010	138,010
FEDL HOME LOAN MTG CORP#QH5153	78,397	78,397
FHLMC REMIC SERIES SER K-507 CL A-2	201,188	201,188
FHLMC MULTIFAMILY STRUCTURED SER KSG3 CL A2	131,551	131,551
FEDL HOME LOAN MTG CORP#SD8446 UMBS	48,193	48,193
BANK NEW YORK MELLON CORP SENIOR NOTES 3.442 % DUE FEB 7, 2028	340,939	340,939
BANK NOVA SCOTIA SENIOR UNSECURED NOTES 2.951 % DUE MAR 11, 2027	335,204	335,204
SMALL BUSINESS ADMINISTRATION SER 2015-20J CL 1	88,937	88,937
SMALL BUSINESS ADMINGTD DEV SER 2019-20B CL 1	84,122	84,122
SMALL BUSINESS ADMINGTD DEV	95,330	95,330
SMALL BUSINESS ADMIN GTD PTNCT	100,785	100,785
SMALL BUSINESS ADMIN GTD DEV PARTN CTF SER 2016-20B CL 1	61,738	61,738
CALVERT IMPACT CAPITAL INC 4.00 % DUE SEP 15, 2028	1,012,000	1,012,000
SILGAN HOLDINGS INC GLBL NT 4.125%28 4.125 % DUE FEB 1, 2028	342,476	342,476
FEDL HOME LOAN MTG CORP#SD8347 UMBS	23,840	23,840
FEDL HOME LOAN MTG CORP#SD8235 UMBS	222,694	222,694
FEDL HOME LOAN MTG CORP#QH5154	40,257	40,257
SCHWAB CHARLES CORP NEW SENIOR UNSECURED NOTES 5.643 % DUE MAY 19, 2029	333,747	333,747
SEAGATE HDD CAYMAN MAKE WHOLE CALL @ +40 UNTIL 5.60 % DUE JUN 1, 2027	326,443	326,443
BROOKFIELD FIN INC 4.35 % DUE APR 15, 2030	335,724	335,724
FEDL HOME LOAN MTG CORP#QX0540 UMBS	226,333	226,333
FEDL HOME LOAN MTG CORP#QJ3256 UMBS	25,104	25,104
FEDL HOME LOAN MTG CORP#SD5485 UMBS	83,159	83,159
FEDL HOME LOAN MTG CORP#SD2932 UMBS	296,951	296,951
FNMA GTD PASS THRU POOL#CB8947 UMBS	29,377	29,377

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

PEOPLE'S SUPPORT FOUNDATION LIMITED

EIN:

82-1202926

Name of Stock	End of Year Book Value	End of Year Fair Market Value
A O SMITH CORPORATION	74,417	74,417
MCCORMICK & CO INC NON-VOTING	62,426	62,426
MASCO CORP	65,676	65,676
MARVELL TECHNOLOGY INC COMMON STOCK	710,967	710,967
MARTIN MARIETTA MATERIALS INC	466,400	466,400
MEDPACE HOLDINGS INC COM	67,443	67,443
MANULIFE FINANCIAL CORP	228,114	228,114
MADRIGAL PHARMACEUTICALS INC COM	56,160	56,160
LOWES COMPANIES INC	429,185	429,185
LINCOLN ELEC HOLDINGS INC	120,461	120,461
LINCOLN ELEC HOLDINGS INC	65,689	65,689
LENNOX INTL INC	177,641	177,641
LENNAR CORP CL A	470,204	470,204
MANHATTAN ASSOCIATES INC	97,016	97,016
MEDTRONIC PLC COM	390,007	390,007
MERCADOLIBRE INC	105,427	105,427
MERCK & CO INC	388,122	388,122
NVIDIA CORP	1,345,854	1,345,854
NOVOZYMES A/S ADR	94,599	94,599
NORTHERN TRUST CORP	90,137	90,137
NORDSON CORP	91,438	91,438
NORDSON CORP	93,949	93,949
NEW YORK TIMES CO-CL A	121,953	121,953
NEUROCRINE BIOSCIENCES INC	120,257	120,257
MUELLER INDUSTRIES INC	65,869	65,869
MSCI INC	433,207	433,207
MONOLITHIC POWER SYS INC	379,488	379,488
MONGODB INC CLASS A COMMON STOCK	101,272	101,272
MODINE MANUFACTURING CO	31,997	31,997
MITSUBISHI UFJ FINANCIAL GROUP INC AMERICAN DPSRTY SHS	380,689	380,689
MICROCHIP TECHNOLOGY INC	275,165	275,165
MICHELIN COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN	290,194	290,194
LATTICE SEMICONDUCTOR CORP	84,805	84,805
LAMAR ADVERTISING COMPANY CL A	81,201	81,201
L OREAL CO-ADR	199,577	199,577
KNIGHT SWIFT TRANSPORTATION HOLDINGS INC CLASS A COMMON	41,849	41,849
GENMAB A S ADS	63,654	63,654
GENUINE PARTS CO	55,583	55,583
GITLAB INC CLASS A COMMON STOCK	115,461	115,461
GODADDY INC CL A	173,488	173,488
GRACO INC	97,945	97,945
GRUPO FINANCIERO BANORTE SAB DE CV SPONSORED ADR	71,015	71,015
HAIER SMART HOME CO LTD AMERICAN DEPOSITARY RECEIPTS	100,104	100,104
HALEON PLC AMERICAN DEPOSITARY SHARES	187,556	187,556
HAMILTON LANE INCORPORATED CLASS A COMMON STOCK	73,527	73,527
ZEBRA TECHNOLOGIES CORP-CL A	118,956	118,956
HENRY JACK & ASSOCIATES INC	83,793	83,793
HOULIHAN LOKEY INC CLASS A COM	93,776	93,776
HUBBELL INCORPORATED COM	118,965	118,965
HUBBELL INCORPORATED COM	69,955	69,955
HUBSPOT INC COM	178,373	178,373
HYATT HOTELS CORP CL A	125,584	125,584
IDEAYA BIOSCIENCES INC COMMON STOCK	57,388	57,388
KLA CORPORATION COMMON STOCK	368,620	368,620
KKR & CO INC COMMON STOCK	784,219	784,219
JONES LANG LASALLE INC	136,442	136,442
JFROG LTD ORDINARY SHARES	83,113	83,113
INTUITIVE SURGICAL INC COM	312,132	312,132
INTUIT INC	982,974	982,974
ONE GAS INC COM	61,979	61,979
INTERPUBLIC GROUP OF COS INC	64,334	64,334
INSMED INC	68,695	68,695
INFINEON TECHNOLOGIES AG SPONSORED ADR	198,894	198,894
INARI MEDICAL INC COMMON STOCK	49,314	49,314
IMPAX GLOBAL ENVIRONMENTAL MRKT FD INST CL	5,754,401	5,754,401
IMMUNOCORE HOLDINGS PLC AMERICAN DEPOSITARY SHARES	34,102	34,102
IDEX CORP	116,156	116,156
INTERNATIONAL BANCSHARES CORP TEX	51,539	51,539
OPTION CARE HEALTH INC COMMON STOCK	27,144	27,144
PACKAGING CORP AMER	76,064	76,064
GALLAGHER ARTHUR J & CO	609,426	609,426
TAPESTRY INC COMMON STOCK	85,648	85,648
TECHTRONIC INDUSTRIES CO LTD-SPONSORED ADR	92,960	92,960
TELEDYNE TECHNOLOGIES INC	446,957	446,957
TELEFLEX INC	87,210	87,210
TENCENT HOLDINGS LIMITED UNSPONSORED ADR REPRESENTING B	152,457	152,457
TERADYNE INC COMMON STOCK	77,944	77,944
TEXAS ROADHOUSE INC	90,215	90,215
TEXAS ROADHOUSE INC	130,451	130,451
THERMO FISHER SCIENTIFIC INC	516,455	516,455
TOPBUILD CORP	103,365	103,365
TOPBUILD CORP	85,307	85,307
TORO CO	51,266	51,266
TRADE DESK INC (THE) CLASS A COMMON STOCK	68,873	68,873
TYLER TECHNOLOGIES INC	197,211	197,211
UBER TECHNOLOGIES INC COMMON STOCK	413,735	413,735
UNICHARM CORP SPONSORED ADR	98,930	98,930
VERALTO CORPORATION COMMON STOCK	333,613	333,613
XYLEM INC COM	404,098	404,098
XENON PHARMACEUTICALS INC	34,927	34,927
WORKDAY INC CLASS A COMMON STOCK	378,530	378,530
WINTRUST FINANCIAL CORP	98,895	98,895
WINGSTOP INC COM	129,027	129,027
WILLIAMS SONOMA INC	124,071	124,071
TAIWAN SEMICONDUCTOR MFG CO LTD-SPONSORED ADR REPSTG 5 COM	260,788	260,788
WEST PHARMACEUTICAL SVCS INC COM	468,083	468,083
WATERS CORP	158,037	158,037
VISA INC CL A COMMON STOCK	867,214	867,214
VIKING THERAPEUTICS INC COMMON STOCK	17,826	17,826
VERRA MOBILITY CORPORATION CLASS A COMMON STOCK	53,825	53,825
VERIZON COMMUNICATIONS	364,589	364,589
VERISK ANALYTICS INC COM	449,226	449,226
WATTS WATER TECHNOLOGIES INC CL A	69,325	69,325
SYSMEX CORPORATION UNSPONSORED ADR	152,398	152,398
SYMRISE AG UNSPONSORED ADR	123,378	123,378
STIFEL FINANCIAL CORP	135,676	135,676
ROCHE HOLDING LTD SPONSORED ADR REPSTG ORD	176,628	176,628
QUALYS INC COM	95,770	95,770
QUALCOMM INC	333,970	333,970
PROGRESSIVE CORP-OHIO	778,253	778,253
PROGRESS SOFTWARE CORPORATION	89,190	89,190
PROCTER & GAMBLE CO	616,449	616,449
RPM INTERNATIONAL INC	99,063	99,063
PROCORE TECHNOLOGIES INC COMMON STOCK	103,328	103,328
POWER INTEGRATIONS INC	56,456	56,456
PNC FINANCIAL SVCS GROUP INC	477,689	477,689
PING AN INSURANCE GROUP CO OF CHINA LTD SPONSORED ADR	70,994	70,994
PAYCOM SOFTWARE INC	116,628	116,628
PATRICK INDUSTRIES INC	37,884	37,884
PARKER HANNIFIN CORP	746,699	746,699
PROCEPT BIOROBOTICS CORPORATION COMMON STOCK	37,281	37,281
P T TELEKOMUNIKASI INDONESIA SPONSORED ADR	128,573	128,573
RPM INTERNATIONAL INC	551,432	551,432
SAREPTA THERAPEUTICS INC COM	70,036	70,036
STERIS PLC ORDINARY SHARES	84,074	84,074
STAG INDUSTRIAL INC	59,537	59,537
SPROUTS FARMERS MARKET INC COM	75,607	75,607
SPRINGWORKS THERAPEUTICS INC COMMON STOCK	77,896	77,896
SONOVA HOLDING AG UNSPONSORED ADR	87,165	87,165
SNAP-ON INC	107,955	107,955
SAP SE SPONSORED ADR	234,146	234,146
SIMPLY GOOD FOODS COMPANY (THE) COMMON STOCK	75,075	75,075
SHIONOGI & CO LTD UNSPONSORED ADR	68,037	68,037
SHIMANO INC AMERICAN DEPOSITARY RECEIPTS	49,377	49,377
SERVICENOW INC COM	922,304	922,304
SELECTIVE INSURANCE GROUP INC	67,241	67,241
SEI INVESTMENTS CO	140,468	140,468
SCHNEIDER ELECTRIC SE UNSPONSORED ADR	205,696	205,696
SILGAN HOLDINGS INC	52,987	52,987
FOMENTO ECONOMICO MEXICANO SAB DE CV SPON ADR 1 UNIT	178,931	178,931
HDFC BK LTD ADR REPSTG 3 SHS	225,107	225,107
CHUGAI PHARMACEUTICAL LTD UNSPONSORED ADR	213,785	213,785
CHIPOTLE MEXICAN GRILL INC COMMON STOCK	402,020	402,020
CHEWY INC CLASS A COMMON STOCK PAR VALUE	92,767	92,767
CHEMED CORPORATION	89,006	89,006
CHECK POINT SOFTWARE TECHNOLOGIES LTD	133,304	133,304
CBOE GLOBAL MARKETS INC COMMON STOCK	113,332	113,332
CAVCO INDS INC DEL	59,795	59,795
CARRIER GLOBAL CORPORATION COMMON STOCK	374,690	374,690
CAPITAL ONE FINANCIAL CORP	546,907	546,907
CANADIAN NATIONAL RAILWAY CO	127,497	127,497
CAMDEN PROPERTY TRUST-SBI	48,116	48,116
CADENCE DESIGN SYSTEMS INC	546,236	546,236
BUILDERS FIRSTSOURCE INC COMMON STOCK	44,451	44,451
BROWN CAP MGMT MUT FDS INTL SMALL CO FD INSTL SHS	1,662,786	1,662,786
BRINK'S COMPANY	40,726	40,726
BRAZE INC CLASS A COMMON STOCK	59,386	59,386
CHOICE HOTELS INTERNATIONAL INC	105,207	105,207
BLACKSTONE INC COMMON STOCK	369,151	369,151
CINCINNATI FINANCIAL CORP	118,643	118,643
COHEN & STEERS INC	57,435	57,435
DANAHER CORPORATION	579,836	579,836
DANAHER CORPORATION	449,298	449,298
DAIFUKU CO LTD AMERICAN DEPOSITARY RECEIPTS	114,912	114,912
CULLEN FROST BANKERS INC	374,692	374,692
CULLEN FROST BANKERS INC	89,411	89,411
CUBESMART	59,990	59,990
CRINETICS PHARMACEUTICALS INC COMMON STOCK	44,279	44,279
CREDICORP LTD	95,326	95,326
COOPER COMPANIES INC (THE) COMMON STOCK	133,758	133,758
CONSTELLATION BRANDS INC CL A	320,008	320,008
CONFLUENT INC CLASS A COMMON STOCK	60,841	60,841
COMMERCE BANCSHARES INC	371,118	371,118
COMMERCE BANCSHARES INC	62,248	62,248
COLUMBIA SPORTSWEAR CO	73,103	73,103
COLOPLAST A S AMERICAN DEPOSITARY RECEIPTS	71,397	71,397
CLOROX CO	75,358	75,358
DASSAULT SYSTEMS S A SPONSORED ADR	177,053	177,053
BJ S WHOLESALE CLUB HOLDINGS INC COMMON STOCK	121,069	121,069
BANCO BILBAO VIZCAYA ARGENTARIA S A SPONSORED ADR	155,539	155,539
AMDOCS LIMITED	78,598	78,598
AMBEV S A ADS	79,659	79,659
ALLIANZ SE UNSPONSORED ADR	315,745	315,745
ALLEGION PUBLIC LIMITED COMPANY	83,112	83,112
ALFA LAVAL AB UNSPONSORED ADR	133,933	133,933
ALCON INC ORDINARY SHARES	133,447	133,447
ALCON INC ORDINARY SHARES	376,995	376,995
AKAMAI TECHNOLOGIES INC	62,555	62,555
AIR LIQUIDE-ADR	115,303	115,303
AIA GROUP LTD SPONSORED ADR	112,514	112,514
AGILENT TECHNOLOGIES INC	340,508	340,508
ADYEN N V UNSPONSORED ADR	120,483	120,483
ADOBE INC COMMON STOCK	445,125	445,125
ACI WORLDWIDE INC	85,703	85,703
A O SMITH CORPORATION	110,705	110,705
AMERICAN FINANCIAL GROUP INC (HOLDING CO)	93,934	93,934
BILL HOLDINGS INC COMMON STOCK	46,591	46,591
AMERICAN INTERNATIONAL GROUP INC	348,421	348,421
AMERIPRISE FINL INC	718,248	718,248
AXCELIS TECHNOLOGIES INC COM NEW	50,306	50,306
AVIENT CORPORATION COMMON SHARES	51,618	51,618
AVIDITY BIOSCIENCES INC COMMON STOCK	17,942	17,942
AVERY DENNISON CORP	67,554	67,554
ATMOS ENERGY CORP	57,658	57,658
ATMOS ENERGY CORP	571,843	571,843
ASSA ABLOY AB ADR	88,669	88,669
ARGENX SE AMERICAN DEPOSITARY SHARES	174,045	174,045
ARES MANAGEMENT CORPORATION CLASS A COMMON STOCK	430,714	430,714
APTARGROUP INC	133,064	133,064
APPLIED INDUSTRIAL TECHNOLOGIES INC	117,101	117,101
APPLIED INDUSTRIAL TECHNOLOGIES INC	63,220	63,220
ANSYS INC	451,348	451,348
AMICUS THERAPEUTICS INC	51,744	51,744
AMGEN INC	361,247	361,247
AMERICAN WTR WKS CO INC	336,745	336,745
DATADOG INC CLASS A COMMON STOCK	193,616	193,616
ZTO EXPRESS CAYMAN INC SPONSORED ADR	72,785	72,785
DECKERS OUTDOOR CORPORATION	166,940	166,940
DBS GROUP HOLDINGS LTD SPONSORED ADR	310,994	310,994
FACTSET RESEARCH SYSTEMS INC	148,887	148,887
F5 INC COMMON STOCK	97,822	97,822
EXPEDITORS INTERNATIONAL OF WASHINGTON INC	78,314	78,314
EXLSERVICE HOLDINGS INC	138,510	138,510
EXLSERVICE HOLDINGS INC	69,677	69,677
ETSY INC COM	66,271	66,271
EQUITY LIFESTYLE PROPERTIES INC	411,185	411,185
ENTEGRIS INC	111,740	111,740
EMCOR GROUP INC	133,447	133,447
ELASTIC N V ORDINARY SHARES	43,199	43,199
ECOLAB INC	545,365	545,365
ECOLAB INC	471,115	471,115
FLOWERS FOODS INC	63,736	63,736
EAST WEST BANCORP INC	59,946	59,946
DOLBY LABORATORIES INC CL A	89,581	89,581
DOLBY LABORATORIES INC CL A	89,190	89,190
DONALDSON CO INC	94,761	94,761
DOCUSIGN INC COMMON STOCK	88,411	88,411
DOXIMITY INC CLASS A COMMON STOCK	32,408	32,408
DORMAN PRODUCTS INC	48,452	48,452
DISCO CORP AMERICAN DEPOSITARY RECEIPTS	97,010	97,010
DYNATRACE INC COMMON STOCK	400,179	400,179

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

PEOPLE'S SUPPORT FOUNDATION LIMITED

EIN:

82-1202926

US Government Securities - End of Year Book Value:

4,563,429

US Government Securities - End of Year Fair Market Value:

4,563,429

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

5,040,338

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

5,040,338

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

PEOPLE'S SUPPORT FOUNDATION LIMITED

EIN:

82-1202926

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
CHINA-US INDUSTRIAL COOPERATION PARTNERSHIP PARALLEL, L.P.	FMV	410,484	410,484
WORLDWIDE AGRICULTURAL HOLDINGS	FMV	12,026,624	12,026,624
WORLDWIDE MEDIA HOLDINGS II LLC	FMV	1,500,854	1,500,854
WORLDWIDE MEDIA HOLDINGS, LLC	FMV	2,265,854	2,265,854
PRIVATE EQUITY MANAGERS (2018) OFFSHORE SCSP (G)	FMV	1,981,735	1,981,735
VINTAGE VIII OFFSHORE SCSP	FMV	2,191,356	2,191,356
PRIVATE EQUITY MANAGERS (IMPACT 2018) OFFSHORE LP	FMV	2,335,261	2,335,261

- TIN:

TY 2024 LegalFeesSchedule

Name:

PEOPLE'S SUPPORT FOUNDATION LIMITED

EIN:

82-1202926

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL SERVICE	11,730	11,730		0

- TIN:

TY 2024 OtherExpensesSchedule

Name:

PEOPLE'S SUPPORT FOUNDATION LIMITED

EIN:

82-1202926

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
BANK FEES	5,470	5,470	0
FILING FEES	645	0	645
INSURANCE	8,712	0	8,712
OFFICE SUPPLIES	2,088	0	2,088
POSTAGE	58	0	58
TELEPHONE/INTERNET	4,536	0	4,536
DUES AND SUBSCRIPTIONS	14,589	0	14,589
BOND PREMIUM	1,462	1,462	0
MEALS AND ENTERTAINMENT	236	0	236
COMPUTER AND OTHER EQUIPMENTS	2,672	0	2,672
OTHER	298	0	298

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

PEOPLE'S SUPPORT FOUNDATION LIMITED

EIN:

82-1202926

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
FROM FLOW THROUGH	0	-4,559	0
RECLAIMABLE FOREIGN TAX RECEIVED	8,713		8,713
OTHER INCOME	135,536	135,536	135,536

- TIN:

TY 2024 OtherIncreasesSchedule

Name:

PEOPLE'S SUPPORT FOUNDATION LIMITED

EIN:

82-1202926

Description	Amount
UNREALIZED GAIN	876,094

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

PEOPLE'S SUPPORT FOUNDATION LIMITED

EIN:

82-1202926

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	482,000	482,000		0
CONSULTING FEES	93,747	93,747		0

- TIN:

TY 2024 TaxesSchedule

Name:

PEOPLE'S SUPPORT FOUNDATION LIMITED

EIN:

82-1202926

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX WITHHELD	40,421	40,418		0
FEDERAL TAX EXPENSE	50,000	0		0