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
FRANK E PAYNE AND SEBA B PAYNE
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)225 W WACKER DRIVE 2150
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL606061224
A Employer identification number

87-1526433
B Telephone number (see instructions)

(312) 621-0590
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$214,029,397J 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 176,548 176,548  
4 Dividends and interest from securities... 4,019,953 4,019,953  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 46,631,658
b Gross sales price for all assets on line 6a 100,178,627
7 Capital gain net income (from Part IV, line 2)... 46,613,690
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
25,767 17,798  
12 Total. Add lines 1 through 11........ 50,853,926 50,827,989  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 60,650 0   60,650
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
15,385 0   15,385
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,300,622 1,134,172   166,450
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,079,981 99,976   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
58,702 34,357   11,417
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,515,340 1,268,505   253,902
25 Contributions, gifts, grants paid....... 5,855,000 6,614,500
26 Total expenses and disbursements. Add lines 24 and 25 8,370,340 1,268,505   6,868,402
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 42,483,586
b Net investment income (if negative, enter -0-) 49,559,484
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 10,457,078 9,206,380 9,206,380
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment
List of Attached Documents:
// Content
1,386,904 		1,382,325
b Investments—corporate stock (attach schedule)....... 83,694,751 Click to see attachment
List of Attached Documents:
// Content
123,505,279 		171,148,785
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 24,439,939 Click to see attachment
List of Attached Documents:
// Content
23,264,500 		25,291,907
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
4,000,000 		Click to see attachment
List of Attached Documents:
// Content
7,000,000 		Click to see attachment
List of Attached Documents:
// Content
7,000,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 122,591,768 164,363,063 214,029,397
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 1,672,000 912,500
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)......... 1,672,000 912,500
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 120,919,768 163,450,563
29 Total net assets or fund balances (see instructions)..... 120,919,768 163,450,563
30 Total liabilities and net assets/fund balances (see instructions). 122,591,768 164,363,063
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
120,919,768
2
Enter amount from Part I, line 27a .....................
2
42,483,586
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
47,209
4
Add lines 1, 2, and 3 ..........................
4
163,450,563
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
163,450,563
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 CAPITAL GAIN DISTRIBUTIONS      
b PUBLICLY TRADED SECURITIES      
c FROM K-1 - IMPACT ENGINE PRIVATE EQUITY FUND II LP P    
d LITIGATION PROCEEDS      
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,893,950     3,893,950
b 96,283,206   53,564,937 42,718,269
c 554     554
d 917     917
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       3,893,950
b       42,718,269
c       554
d       917
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 46,613,690
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) 1 688,877
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........................... 3 688,877
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- ..... 5 688,877
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 941,359
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 941,359
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 10 252,482
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow252,482 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
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 arrowWILLIAM HARRIS INVESTORS INC Telephone no.right arrow (312) 621-0590

Located atright arrow225 W WACKER DRIVE SUITE 2150CHICAGOIL ZIP+4right arrow606061224
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
Yes
 
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
 
No
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
LAUREN MACDONALD PRESIDENT/EXECUTIVE DIRECTOR/SECRETARY
10.00 		0 0 0
225 W WACKER DRIVE SUITE 2150
CHICAGO,IL606061224
MICHAEL MCQUINN TREASURER
1.00 		0 0 0
225 W WACKER DRIVE SUITE 2150
CHICAGO,IL606061224
L SCOTT VICE PRESIDENT/DIRECTOR
1.00 		19,350 0 0
225 W WACKER DRIVE SUITE 2150
CHICAGO,IL606061224
A GREENE VICE PRESIDENT/DIRECTOR
1.00 		13,500 0 0
225 W WACKER DRIVE SUITE 2150
CHICAGO,IL606061224
T SCOTT VICE PRESIDENT/DIRECTOR
1.00 		17,600 0 0
225 W WACKER DRIVE SUITE 2150
CHICAGO,IL606061224
M CUMINGS VICE PRESIDENT/DIRECTOR
1.00 		10,200 0 0
225 W WACKER DRIVE SUITE 2150
CHICAGO,IL606061224
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
WILLIAM HARRIS INVESTORS INC ANCILLARY & INVESTMENT SERVICES 878,884
225 W WACKER DRIVE SUITE 2150
CHICAGO,IL606061224
BANK OF AMERICA INVESTMENT MANAGEMENT SERVICES 303,901
225 FRANKLIN ST
BOSTON,MA02110
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 FRANK E PAYNE AND SEBA B PAYNE FOUNDATION MADE A LOAN TO THE MERCY HOUSING MOUNTAIN PLAINS. THE PROCEEDS OF THE LOAN WILL BE USED TO ACCOMPLISH MERCY HOUSING MOUNTAIN PLAINS CHARITABLE PURPOSES. 1,000,000
2 FRANK E PAYNE AND SEBA B PAYNE FOUNDATION MADE A LOAN TO THE CONSERVATION FUND. THE PROCEEDS OF THE LOAN WILL BE USED TO ACCOMPLISH THE CONSERVATION FUND'S CHARITABLE PURPOSES. 1,000,000
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
1,000,000
Total. Add lines 1 through 3.........................right arrow3,000,000
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
192,654,505
b
Average of monthly cash balances.......................
1b
8,084,024
c
Fair market value of all other assets (see instructions)................
1c
1,721,111
d
Total (add lines 1a, b, and c).........................
1d
202,459,640
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
202,459,640
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,036,895
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
199,422,745
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
9,971,137
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
9,971,137
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
688,877
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
688,877
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
9,282,260
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
9,282,260
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
9,282,260
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
6,868,402
b
Program-related investments—total from Part VIII-B..................
1b
3,000,000
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
9,868,402
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 9,282,260
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 8,049,868
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 9,868,402
a Applied to 2023, but not more than line 2a 8,049,868
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..... 1,818,534
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		7,463,726
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN CANCER SOCIETY

PO BOX 6704
ATLANTA,GA21741 		  PC RESEARCH 400,000

AMERICAN CIVIL LIBERTIES UNION FOUNDATION

125 BROAD ST 18TH FLOOR
NEW YORK,NY10004 		  PC GENERAL OPERATING SUPPORT 350,000

AMERICAN LITTORAL SOCIETY

18 HARTSHORNE DR SUITE 1
HIGHLANDS,NJ07732 		  PC PROJECT SUPPORT 50,000

AMERICAN RED CROSS - PA RIVERS CHAPTER

431 18TH ST NW
WASHINGTON,DC20006 		  PC GENERAL OPERATING SUPPORT 100,000

ASSOCIATED COLLEGES OF ILLINOIS

70 E LAKE ST STE 1418
CHICAGO,IL60601 		  PC GENERAL OPERATING SUPPORT 120,000

BLACK FARMER FUND

228 PARK AVE S 38732
NEW YORK,NY10003 		  PC GENERAL OPERATING SUPPORT 87,500

CASA GUADALUPE CENTER

218 N 2ND ST
ALLENTOWN,PA18102 		  PC GENERAL OPERATING SUPPORT 65,000

CHICAGO COALITION FOR THE HOMELESS

70 E LAKE STREET SUITE 720
CHICAGO,IL60601 		  PC GENERAL OPERATING SUPPORT 60,000

CHILDRENS PLACE ASSOCIATION

1436 W RANDOLPH ST
CHICAGO,IL60607 		  PC GENERAL OPERATING SUPPORT 15,000

COLORADO NONPROFIT DEVELOPMENT CENTER

PO BOX 18770
DENVER,CO80218 		  PC PROJECT SUPPORT 60,000

COMMUNITIES IN SCHOOLS OF EASTERN PENNSYLVANIA

739 N 12TH STREET
ALLENTOWN,PA18102 		  PC GENERAL OPERATING SUPPORT 30,000

CONSERVATION LAW FOUNDATION INC

62 SUMMER STREET
BOSTON,MA02110 		  PC GENERAL OPERATING SUPPORT 200,000

ENVIRONMENTAL LAW & POLICY CENTER OF THE MIDWEST

35 EAST WACKER DRIVE SUITE 1600
CHICAGO,IL60601 		  PC GENERAL OPERATING SUPPORT 300,000

FAMILIES FIRST INC

1620 TEELS RD
PEN ARGYL,PA18072 		  PC GENERAL OPERATING SUPPORT 30,000

FIDELITY CHARITABLE (DAF)

FIDELITY CHARITABLE 245 SUMMER ST
BOSTON,MA02210 		  PC FOR FURTHER GRANTING 400,000

FIELD MUSEUM OF NATURAL HISTORY

1400 S DU SABLE LAKE SHORE DRIVE
CHICAGO,IL60605 		  PC PROJECT SUPPORT 500,000

GATHERING WATERS INC

211 S PATERSON ST STE 270
MADISON,WI53703 		  PC GENERAL OPERATING SUPPORT 100,000

GLAD LEGAL ADVOCATES AND DEFENDERS

18 TREMONT ST STE 950
BOSTON,MA02108 		  PC GENERAL OPERATING SUPPORT 50,000

GRACE MONTESSORI SCHOOL (GRACE EPISCOPAL CHURCH)

108 N 5TH ST
ALLENTOWN,PA18102 		  PC GENERAL OPERATING SUPPORT 30,000

GREATER BOSTON LEGAL SERVICES INC

197 FRIEND STREET
BOSTON,MA02114 		  PC GENERAL OPERATING SUPPORT 100,000

JUBILEE SCHOOL

4211 CHESTER AVE
PHILADELPHIA,PA19104 		  PC GENERAL OPERATING SUPPORT 40,000

LAND TRUST ALLIANCE INCORPORATED

1250 H STREET NW SUITE 600
WASHINGTON,DC20005 		  PC GENERAL OPERATING SUPPORT 500,000

MEALS ON WHEELS OF THE GREATER LEHIGH VALLEY INC

1302 N SHERMAN STREET
ALLENTOWN,PA18109 		  PC GENERAL OPERATING SUPPORT 125,000

NATURAL RESOURCES DEFENSE COUNCIL

40 WEST 20TH STREET
NEW YORK,NY10011 		  PC PROJECT SUPPORT 400,000

NEW BETHANY INC

333 W 4TH ST
BETHLEHEM,PA18015 		  PC GENERAL OPERATING SUPPORT 65,000

NIDO DE ESPERANZA CHARITABLE SOCIETY

4111 BROADWAY
NEW YORK,NY10033 		  PC GENERAL OPERATING SUPPORT 20,000

PINEBROOK FAMILY ANSWERS

402 NORTH FULTON STREET
ALLENTOWN,PA18102 		  PC GENERAL OPERATING SUPPORT 75,000

PLANNED PARENTHOOD KEYSTONE

610 LOUIS DRIVE SUITE 300
ALLENTOWN,PA18974 		  PC GENERAL OPERATING SUPPORT 85,000

POINT PLEASANT - PLUMSTEADVILLE EMS

PO BOX 391 5205 STUMP ROAD
PLUMSTEADVLLE,PA18949 		  PC GENERAL OPERATING SUPPORT 25,000

PROJECT ANGEL HEART

4950 WASHINGTON STREET
DENVER,CO80216 		  PC GENERAL OPERATING SUPPORT 70,000

RIEGELSVILLE PUBLIC LIBRARY

615 EASTON RD
RIEGELSVILLE,PA18077 		  PC PROJECT SUPPORT 22,000

RIPPLE COMMUNITY

1335 W LINDEN STREET
ALLENTOWN,PA18102 		  PC GENERAL OPERATING SUPPORT 50,000

SECOND HARVEST FOODBANK OF SOUTHERN WISCONSIN

2802 DAIRY DR
MADISON,WI53718 		  PC GENERAL OPERATING SUPPORT 150,000

SHARECARE FAITH IN ACTION

321 WYANDOTTE ST
BETHLEHEM,PA18015 		  PC GENERAL OPERATING SUPPORT 25,000

SIGHT FOR HOPE (FKA CENTER FOR VISION LOSS INC)

845 WEST WYOMING ST
ALLENTOWN,PA18103 		  PC GENERAL OPERATING SUPPORT 35,000

SNOWCHANGE COOPERATIVE (LUMIMUUTOS OSUUSKUNTA)

HAVUKKAVAARANTIE 29 LEHTOI
NORTH KARELIA   81235
FI 		  PC PROJECT SUPPORT 500,000

SOUTHERN ENVIRONMENTAL LAW CENTER

120 GARRETT STREET SUITE 400
CHARLOTTESVILLE,VA22902 		  PC GENERAL OPERATING SUPPORT 200,000

STORYCENTER

1442A WALNUT STREET 417
BERKELEY,CA94709 		  PC GENERAL OPERATING SUPPORT 25,000

THE BAUM SCHOOL OF ART

510 W LINDEN STREET
ALLENTOWN,PA18101 		  PC GENERAL OPERATING SUPPORT 25,000

THE CONSERVATION FUND

1655 N FORT MYER DRIVE STE 1300
ARLINGTON,VA22209 		  PC PROJECT SUPPORT 180,000

THIRD STREET ALLIANCE FOR WOMEN AND CHILDREN

41 NORTH THIRD STREET
EASTON,PA18042 		  PC GENERAL OPERATING SUPPORT 50,000

THIRD STREET ALLIANCE FOR WOMEN AND CHILDREN

41 NORTH THIRD STREET
EASTON,PA18042 		  PC GENERAL OPERATING SUPPORT 50,000

THIRD STREET ALLIANCE FOR WOMEN AND CHILDREN

41 NORTH THIRD STREET
EASTON,PA18042 		  PC GENERAL OPERATING SUPPORT -50,000

UNITED NEGRO COLLEGE FUND INC

1805 7TH STREET NW
WASHINGTON,DC20001 		  PC GENERAL OPERATING SUPPORT 100,000

URBAN PEAK DENVER

1630 S ACOMA ST
DENVER,CO80223 		  PC GENERAL OPERATING SUPPORT 150,000

WESTERN RESOURCE ADVOCATES

2260 BASELINE RD STE 200
BOULDER,CO80302 		  PC GENERAL OPERATING SUPPORT 350,000

WOMEN'S LUNCH PLACE INC

PO BOX 170900
BOSTON,MA02117 		  PC GENERAL OPERATING SUPPORT 150,000

WORLD CENTRAL KITCHEN

200 MASSACHUSETTS AVE NW 7TH FLOOR
WASHINGTON,DC20001 		  PC GENERAL OPERATING SUPPORT 150,000
Total .................................right arrow 3a 6,614,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 176,548  
4 Dividends and interest from securities ....     14 4,019,953  
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 .....     14 35,393  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 46,631,658  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aUBI FROM PASSTHROUGH 		901101 -9,626      
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -9,626 50,863,552 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
50,853,926
(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 AllOthProgRltdInvestmentsSch
Name:
FRANK E PAYNE AND SEBA B PAYNE
 
FOUNDATION
EIN:
87-1526433
Category Amount
FRANK E PAYNE AND SEBA B PAYNE FOUNDATION MADE A LOAN TO OPPORTUNITY COMMUNITIES HOUSING ACCELERATOR FUND LLC. THE PROCEEDS OF THE LOAN WILL BE USED TO ACCOMPLISH OPPORTUNITY COMMUNITIES HOUSING ACCELERATOR FUND LLC'S CHARITABLE PURPOSES. 500,000
FRANK E PAYNE AND SEBA B PAYNE FOUNDATION MADE A LOAN TO RCI VILLAGE PROPERTIES. THE PROCEEDS OF THE LOAN WILL BE USED TO ACCOMPLISH RCI VILLAGE PROPERTIES' CHARITABLE PURPOSES. 500,000

TY 2024 InvestmentsCorpStockSchedule
Name:
FRANK E PAYNE AND SEBA B PAYNE
 
FOUNDATION
EIN:
87-1526433
Name of Stock End of Year Book Value End of Year Fair Market Value
ABB LTD SPON ADR EACH REP 1 ORD SHS 205,291 236,754
PARNASSUS CORE EQUITY FUND I 8,105,366 8,591,268
OMEGA HEALTHCARE INVESTORS INC 6,529 6,813
OMNICOM GROUP, INC 48,598 44,741
OMRON ADR 25,165 21,915
ON HLDG AG NAMEN-AKT 239,926 465,326
ONE GAS INC COM USD0.01 154,488 151,796
ONESPAWORLD HOLDINGS LIMITED COM USD0.0001 20,558 30,348
ONO PHARMACEUTICAL CO UNSP ADR REPR 0.3333 ORD 29,411 24,311
OPEN LENDING CORP COM CL A 3,784 4,060
NVR INC COM USD0.01 36,118 49,073
OPKO HEALTH INC 5,437 5,462
OKTA, INC CL A 4,600 5,347
ORANGE-SPON ADR 36,435 32,029
OTIS WORLDWIDE CORP COM 45,160 122,153
OTSUKA HLDGS CO LTD UNSP ADR EACH REP 0.5 ORD SHS 30,599 40,688
PACCAR INC COM USD1.00 87,396 117,231
PACKAGING CORP OF AMERICA COM USD0.01 56,351 98,157
PAGAYA TECHNOLOGIES LTD CL A NEW 4,681 3,577
PAGSEGURO DIGITAL LTD COM CL A 22,681 13,916
PALO ALTO NETWORKS, INC. 376,364 1,368,339
PARK AEROSPACE CORP COM 7,654 8,512
ORACLE CORP 212,660 333,280
NVENT ELECTRIC PLC COM USD0.01 26,617 40,487
NORDEA BK ABP SPONSORED ADS 50,841 44,453
NOMURA RESEARCH INSTITUTE UNSP ADR EACH REP 1 ORD SHS (R/S) 24,023 23,974
NCR CORP 18,960 18,836
NEUROCRINE BIOSCIENCES INC 31,207 33,716
NEWMARK GROUP INC CL A 11,367 20,470
NEWMARKET CORP 23,546 23,247
NEWS CORP NEW COM USD0.01 CL B 47,660 59,947
NEXTERA ENERGY 12,802 70,185
NINTENDO CO LTD UNSP ADS EACH REP 0.25 ORD SHS 94,074 100,435
NIPPON TEL & TEL CORP. 110,027 94,852
NN GROUP N.V. 31,306 30,838
NOKIA CORP SPONSORED ADR 31,237 36,131
PARKER HANNIFIN 38,719 260,136
NVIDIA CORPORATION 320,638 4,867,744
NOMURA HOLDINGS ADR REPTG ONE ORD 99,063 92,588
NORDSTROM INC COM NPV 5,279 7,776
NORTHERN TRUST CORP 47,461 63,140
NORTHROP GRUMMAN 145,493 183,492
NORTONLIFELOCK INC. 43,119 66,068
NOVARTIS AG ADR 209,180 202,113
NOVO NORDISK 402,699 261,759
NOVOZYMES A/S 50,761 49,246
NU SKIN ENTERPRISES INC CLASS A COM 9,995 11,065
NUTANIX INC CL A 17,783 32,058
NEUBERGER BERMAN LONG 297,824 350,204
PARKER-HANNIFIN CORP 19,218 19,789
OREILLY AUTOMOTIVE INC COM 270,614 492,107
PARNASSUS ENDEAVOR I 1,519,223 1,575,405
PROSUS N.V. SPON ADR EACH REP 0.20 ORD SHS 49,921 67,284
PRUDENTIAL ADR EACH REPR 2 ORD GBP0.05 80,598 66,326
PULTE HOMES, INC 46,618 57,064
Q2 HOLDINGS INC 10,312 19,325
QBE INSURANCE GROUP ADR 39,947 41,380
QUALCOMM 216,366 257,621
QUANTA SERVICES, INC 387,217 709,532
QUINSTREET INC COM USD0.001 7,560 10,128
RADNET INC 6,841 7,822
RAKUTEN GROUP INC ADR EACH REPR 1 ORD JPY0.00 13,959 12,729
PAYCHEX, INC 95,214 108,390
RANDSTAD N.V. UNSP ADR EACH REPR 0.5 ORD 21,896 18,967
RAYMOND JAMES 10,623 17,397
REALTY INCOME CORP 116,613 106,713
RECKITT BENCKISER GROUP PLC SPON ADR EACH REP 0.20 ORD SHS 76,781 70,004
RECRUIT HOLDINGS CO LTD UNSPON ADR EACH REPR 0.2 ORD SHS 83,041 136,822
REDDIT INC REG SHS-A- 91,493 84,172
REGENERON PHARMACEUTICALS INC. 172,419 140,329
REGIONS FINANCIAL CORP. 49,840 65,856
RELIANCE STEEL & ALUMINUM CO 175,349 186,866
RELX PLC SPON ADS EACH REPR 1 ORD SHS GBP0.144 115,302 119,091
RENAULT SA UNSPON ADR EACH REPR 0.20 ORD 64,512 66,000
PUBLIC SERVICE ENTERPRISE GP 62,983 80,097
PLANET FITNESS, INC CL A 10,254 18,489
NETFLIX, INC 439,490 680,077
PROGRESSIVE CORP OF OHIO 118,281 196,241
LOCKHEED MARTIN 65,898 146,268
PATRIA INVESTMENTS LTD COM USD0.0001 CL A 48,821 45,357
PUBLIC STORAGE 61,333 63,481
PEARSON ADR REP 1 ORD 48,109 60,643
PENTAIR PLC SHS 37,115 59,478
PEPSICO 124,649 307,161
PERNOD RICARD ADR EACH REPR 0.20 ORD 120,730 86,705
PERSIMMON UNSP ADR EACH REPR 2 ORD 22,016 19,410
PERSPECTIVE THERAPEUTICS INC COM 4,451 1,168
PFIZER, INC 252,373 222,587
PHILIP MORRIS INTL INC 25,511 25,751
PHINIA INC COMMON STOCK 15,866 18,401
PIMCO EMERGING MARKETS 296,000 288,822
PAYPAL HOLDINGS, INC 39,961 56,928
PINTEREST INC. 28,584 32,451
PLAYSTUDIOS INC CLASS A COM 2,742 2,267
PNC FINANCIAL SERVICES 295,447 651,062
POWELL INDUSTRIES INC 5,934 16,402
PRIME MEDICINE INC COM 6,856 4,806
PRINCIPAL FINANCIAL GROUP, INC 38,904 44,046
PRINCIPAL SPECTRUM PRFRD 259,118 231,457
PROCORE TECHNOLOGIES INC COM 18,339 27,275
PROCTER & GAMBLE 188,734 493,562
NATWEST GROUP PLC SPON ADR EACH REPR 2 ORD SHS 40,543 62,403
NATIONAL RURAL UTIL COOP 39,734 40,070
KONE OYJ UNSP ADR EACH REPR 0.5 ORD CLASSE B 40,608 41,646
MONGODB INC CL A 35,627 29,567
KRISPY KREME INC COM 9,556 8,212
KROGER CO 5% DTD 9/15/2034 50,173 48,426
KUBOTA CORPORATION 123,203 96,369
KYNDRYL HLDGS INC COMMON STOCK 13,013 33,320
L OREAL UNSPON ADR EACH REP 0.2 ORD SHS 164,649 122,865
LAM RESH CORP 118,637 264,651
LAMAR ADVERTISING CO COM USD0.001 CL A 33,677 37,618
LASERTEC CORP UNSPON EACH ADR REP 0.20 ORD SHS 45,762 20,490
LEAR CORP 87,009 73,961
KLA CORP 53,407 264,020
KIRIN HOLDINGS COMPANY LIMITED SPON ADR EACH REPR 1 ORD NPV 28,309 26,479
KINGSPAN GROUP UNSP ADR EACH REPR 1 ORD 43,935 35,498
LIBERTY GLOBAL LTD. COM USD0.01 A 13,243 15,210
LIBERTY GLOBAL LTD. COM USD0.01 CLASS C 4,745 4,993
LIBERTY MEDIA CORP DEL COM LBTY ONE S A 23,312 32,103
LIBERTY MEDIA CORP DEL COM LBTY ONE S C 18,550 24,648
LIFE TIME GROUP HOLDINGS INC COMMON STOCK 20,534 32,096
LINCOLN ELECTRIC HOLDINGS INC 10,186 9,748
LINDE PLC NEW 120,421 177,097
LITHIA MTRS INC COM 19,383 27,880
LIVE NATION ENTERTAINMENT INC COM USD0.01 38,204 51,282
LEGRAND S A UNSPONSORED ADR 110,321 101,358
LEGALZOOM COM INC COM 5,395 5,715
LENNOX INTERNATIONAL INC COM USD0.01 11,046 15,233
KIMBERLY CLARK 18,721 43,636
JONES LANG LASALLE INC COM USD0.01 28,746 45,565
TAKE-TWO INTERACTIVE SOFTWARE INC 68,973 86,334
ISHARES MSCI EAFE INDEX FD 288,775 378,050
ISHARES MSCI EMERGING MKTS 485,521 501,840
ISHARES RUSSELL 1000 429,207 422,061
ISHARES RUSSELL 2000 415,602 1,473,140
ISHARES TR BARCLAYS 7 10 YR 255,285 242,311
JABIL INC COM 10,429 16,405
JACKSON FINANCIAL INC COM CL A 16,710 39,360
JOHN BEAN TECHNOLOGIES CORPORATION COM USD0.01 11,035 15,379
JOHNSON & JOHNSON 370,111 692,151
LLOYDS BANKING GROUP PLC 88,542 96,400
IRON MTN INC DEL COM 56,607 97,542
JP MORGAN CHASE & CO 295,185 1,133,589
JPMORGAN CHASE & CO 52,158 54,811
JPMORGAN HEDGED 101,542 124,261
JULIUS BAER GRUPPE AG UNSP ADR EACH REP 0.2 ORD SHS 49,693 56,053
KAO CORP UNSPON ADS EACH REP 0.20 ORD SHS 20,944 22,276
KBC GROEP NV UNSP ADR EA REPR 0.50 ORD SHS 28,751 29,930
KDDI CORPORATION UNSP ADR EACH REPR 0.5 SHS 62,375 63,894
KEURIG DR PEPPER INC COM 193,558 191,018
KEYCORP. 20,792 28,024
KEYSIGHT TECHNOLOGIES INC. 11,569 11,887
JOHNSON CONTROLS INTERNATIONAL PLC COM USD1.00 96,212 122,973
RENESAS ELECTRONICS CORP UNSPONSORD ADR 63,552 48,557
RENTOKIL INITIAL SPON ADS EACH REP 5 ORD SHS 51,194 42,462
LONDON STOCK EXCHANGE GROUP UNSPN ADR EACH REPR 0.25 ORD 70,949 83,764
MICHELIN (CDGE)- UNSPON ADR 53,516 47,220
MICRON TECH 97,154 110,081
MICRON TECHNOLOGY INC 29,035 29,281
MICROSOFT 553,636 2,398,335
MIDDLESEX WATER ORD SHS 73,757 59,946
MISSION PRODUCE ORD SHS 14,267 18,207
MITSUI FUDOSAN UNSP ADR EACH REPR 3 ORD 66,902 57,240
MODINE MANUFACTURING CO 12,536 31,533
MOHAWK INDUSTRIES 24,381 25,851
MOLSON COORS BEVERAGE CO. 24,165 25,966
METTLER-TOLEDO 56,569 55,066
MFS INTERNATIONAL GROWTH 382,500 386,241
MOODY'S CORP 112,090 164,733
MORGAN STANLEY 406,631 528,275
MORGAN STANLEY 5.32% DTD 7/19/2035 50,070 49,181
MOTOROLA SOLUTIONS, INC. 286,495 511,226
MRC GLOBAL INC COM USD0.01 8,820 11,374
MS AND AD INSURANCE GROUP HLDNGS ADR 52,915 63,612
MSCI INC-A 41,656 88,801
MUENCHENER RUECKVERSICHERUNGS 62,978 65,391
MURATA MANUFACTURING CO LTD UNSPONSORED ADR 52,991 44,305
NASDAQ INC COM STK 42,734 60,147
MONDELEZ INTL INC CL A 625,230 561,044
LOAR HOLDINGS INC COM SHS 38,022 32,373
METLIFE, INC 81,726 120,937
MASTERCARD, INC CL A 231,023 802,493
LPL FINANCIAL HOLDINGS INC. 16,750 27,427
LUMEN TECHNOLOGIES INC. 7,659 6,330
LUMINAR TECHNOLOGIES INC COM NEW CL A 4,875 1,851
M/I HOMES INC 13,550 14,890
MACY S INC COM USD0.01 14,386 17,607
MADISON SQUARE GRDN ENTERTNMNT CL A 7,604 7,983
MAGNERA CORP COM SHS SPINOFF FROM:(BERY ) (GLT) 3,752 3,779
MAKITA CORP SPON ADR EACH REP 1 ORD SHS 44,727 48,406
MAPLEBEAR INC COM 26,192 37,651
MARSH & MCLENNAN COS 183,099 602,607
META PLATFORMS INC 227,225 1,028,156
LONZA GROUP AG UNSPONSORED ADR 52,095 57,957
MATCH GROUP INC. 5,633 4,907
MATTEL INC COM USD1.00 11,568 11,046
MAZDA MOTOR CORP UNSPONSORD ADR 59,714 43,001
MCCORMICK-N/V 46,196 47,726
MCDONALDS CORP 159,078 257,712
TANGER FACTORY OUTLET CTRS INC COM 6,474 10,990
MEDTRONIC PLC SHS 311,411 292,041
MERCK & CO 193,819 654,081
MERCK KGAA SPON ADR EACH REPR 0.2 ORD SHS 46,073 37,047
MERIDIANLINK INC COMMON STOCK 7,827 9,375
MARVELL TECHNOLOGY INC COM 48,047 83,721
RAYTHEON TECHNOLOGIES CORP. 13,507 150,436
PTC INC 98,013 114,551
PATRICK INDS INC COM 28,930 35,143
US FOODS HOLDING CORPORATION 112,648 145,714
USANA HEALTH SCIENCES INC 16,384 15,648
USD BANK NOVA SCOTIA 49,482 50,014
V2X INC COM 40,615 45,678
VALERO ENERGY 112,672 144,166
VALMONT INDUSTRIES INC 13,826 21,160
VALVOLINE INC COM 25,423 25,579
VANGUARD DEVELOPED MARKETS INDEX FUND 226,325 239,100
UNITEDHEALTH GROUP INC 19,948 18,976
UNITY SOFTWARE INC COM 6,538 7,168
US BANCORP, INC 98,684 137,942
VAT GROUP AG ADR ISIN #US92243F1003 50,317 44,500
VEEVA SYSTEMS INC. CLASS A 53,782 81,157
VENTAS REIT 18,304 24,910
VERALTO CORP COM SHS 41,643 53,064
VERISIGN, INC 53,429 59,811
VERISK ANALYTICS INC. 67,446 83,455
VERIZON COMMUNICATIONS 158,653 170,477
VERRA MOBILITY CORP CL A COM STK 6,218 7,834
VERTEX INC CL A 8,850 11,950
VANGUARD DIVIDEND APPRECIATION ETF 546,670 526,195
VERTEX PHARMACEUTICALS, INC 167,466 173,161
VAXCYTE INC COM 16,690 14,817
UBS INTL SUSTAINABLE EQUITY FUND 8,519,039 8,968,620
VANGUARD MSCI EMERG MKTS 337,438 396,360
UNITED OVERSEAS BANK LTD. 50,693 63,581
IQVIA HOLDINGS INC. 78,109 72,512
SNAP-ON INC 36,473 45,490
WEX INC 7,812 8,065
TRANE TECHNOLOGIES PLC 471,567 685,144
TRANSUNION COM 39,301 52,937
TRAVEL PLUS LEISURE CO. 20,457 22,803
TRAVELERS COMPANIES, INC 106,087 133,212
TRILLIUM ESG GLOBAL EQUITY FUND INSTL 14,545,259 14,272,681
TRINITY INDUSTRIES INC COM USD0.01 25,746 36,083
TRIPADVISOR INC 15,696 14,844
UNITEDHEALTH GROUP 321,117 1,062,306
TRUECAR INC 9,014 9,068
TRUIST FINL CORP COM 65,837 92,399
UNITED UTILITIES GROUP ADR 126,505 124,394
TWILIO INC. CLASS A 33,678 58,687
UBER TECHNOLOGIES INC. 453,235 654,713
VESTAS WIND SYS AS UNSP ADR 80,436 41,019
UDEMY INC COM 18,366 17,727
UNICREDIT SPA UNSPON ADR EACH REP 0.5 ORD SHS 89,276 105,974
UNILEVER PLC SPONS ADR 138,168 158,987
UNION PACIFIC CORP 92,034 191,098
TYLER TECHNOLOGIES, INC 46,127 62,277
TRUIST FINANCIAL CORP 49,046 49,806
TRACTOR SUPPLY CO 42,964 55,448
VERTIV HOLDINGS CO COM CL A 301,456 460,802
VIKING THERAPEUTICS, INC. 9,108 5,956
WNS HOLDINGS LTD ORD GBP0.1 25,783 22,510
WOLTERS KLUWERS SPON ADR EACH REP 1 ORD SHS 47,485 49,194
WORKDAY INC. CLASS A 74,842 89,020
WILLIS TOWERS WATSON PLC 49,759 66,094
WORTHINGTON ENTERPRISES INC COM 50,040 44,763
WPP PLC AMERICAN DEPOSITARY SHS EACH REP 5 ORD 70,757 79,002
WR BERKLEY CORP 24,165 28,207
XEROX HOLDINGS CORP COM NEW 7,238 5,867
YAMAHA ADR 26,068 25,916
WYNDHAM HOTELS & RESORTS INC. 29,336 38,300
WIX.COM LTD COM ILS0.01 23,062 35,615
YASKAWA ELEC CORP UNSPONSORD ADR 77,807 51,195
ZSCALER INC COM 28,929 29,226
ZOOMINFO TECHNOLOGIES INC COMMON STOCK 11,717 11,319
WISDOMTREE EMERGING MKTS S/C DIV FD 106,574 122,300
ZOETIS INC. 185,082 417,101
ZOOM VIDEO COMMUNICATIONS INC. 31,082 40,805
ZILLOW GROUP INC CL A 27,481 44,848
ZIFF DAVIS INC COM 17,827 20,051
ZETA GLOBAL HOLDINGS CORP CL A 7,618 10,830
ZEBRA TECH CORP CL A 13,552 20,083
ZIMMER HOLDINGS INC 27,351 27,886
ZURICH INSURANCE GROUP ADR 102,437 111,575
VICTORY MARKET NEUTRAL 56,014 54,986
VICOR CORP 10,996 15,559
VISTEON CORP COM NEW 37,571 33,625
VIRGIN GALACTIC HOLDINGS INC COM NEW 6,220 4,763
VISA, INC 425,145 1,953,443
TRADEWEB MKTS INC CL A 111,872 124,112
VITA COCO CO INC COM 10,746 13,546
VODAFONE GROUP PLC 50,122 45,956
VORNADO REALTY TRUST 6,678 10,888
VOYA FINANCIAL INC. 8,713 8,604
WABTEC COM 103,886 151,482
WHITBREAD SPON ADR EACH REP 0.25 ORD SHS 34,479 33,787
WALDENCAST PLC ORD SHS CL A ISIN #JE00BPG99318 3,476 3,747
YELP INC 21,310 21,788
WARNERMEDIA HOLDINGS INC 26,023 26,010
WATERS CORP 7,837 8,904
WATSCO INC 18,853 27,486
WEC ENERGY GROUP, INC. 41,982 82,567
WELLS FARGO & CO 267,062 392,642
WELLTOWER INC. 90,588 127,668
WESCO INTERNATIONAL INC 18,183 20,810
WESTERN ALLIANCE BANCO 8,669 20,384
WESTERN DIGITAL CORP 10,321 14,550
WAL-MART 225,497 585,739
WHITE MOUNTAINS INSURANCE GROUP LTD. 28,182 35,011
WASTE MGMT, INC 64,186 286,340
TOKIO MARINE HLDGS INC ADR 84,844 98,263
TOAST INC CL A 12,903 19,683
TKO GROUP HOLDINGS INC CL A 25,851 37,943
SERVICENOW INC. 168,188 1,144,930
SIEMENS HEALTHINEERS AG UNSPON ADR EACH REP 0.50 ORD SHS 76,423 67,433
STATE STREET CORP 45,856 63,601
TOPBUILD CORP. 22,913 27,087
SIMON PPTY GROUP, INC 97,729 147,067
SINGAPORE TELECOMMUNICATIONS LTD. 37,255 47,966
SIRIUSXM HOLDINGS INC COMMON STOCK 20,735 15,504
SMARTSHEET INC COM CL A 9,103 13,279
ROBINHOOD MARKETS INC 15,826 63,938
SNOWFLAKE INC. 89,453 101,293
SALESFORCE.COM 172,359 663,645
SOFTBANK CORP. UNSPON ADS EACH REP 1 ORD SHS 57,691 58,887
SOLVENTUM CORP COM SHS 16,822 19,554
SONOVA HOLDING AG UNSPONSORED ADR 35,840 38,569
SOMPO HOLDINGS INC AMERICAN DEPOSITARY RECEIPTS UNSPONSORED 52,567 66,259
SONOCO PRODUCTS CO 27,531 25,158
SONY GROUP CORPORATION SPON ADS EACH REPR 1 ORD SHS 161,575 192,344
SOUTHERN CO 134,504 160,689
SOUTHWEST GAS HOLDINGS INC. 274,805 326,044
SPOTIFY TECHNOLOGY SA 39,326 102,897
SPS COMM INC COM 8,770 9,935
SPX TECHNOLOGIES INC COM 13,751 16,298
SOLARWINDS CORP COM NEW 18,654 22,287
STAGWELL INC COM CL A ISIN #US85256A1097 SEDOL #BMZ0FM5 10,746 13,647
SENTINELONE INC CL A 7,203 10,367
SEKISUI HOUSE ADR REP 1 ORD 70,601 73,021
RESMED, INC 12,299 13,950
MCKESSON INC. 427,043 419,454
ROCHE HOLDINGS LTD. 184,634 182,632
SGS SA UNSP ADR EACH REPR 0.01 ORD CHF1 29,407 30,990
ROCKET LAB USA INC COM 20,775 117,595
ROCKWELL AUTOMATION INC. 100,560 211,199
ROKU INC. 6,155 5,947
ROLLINS INC 31,008 34,253
ROYAL BANK OF CANADA 31,196 33,486
RUSH ENTERPRISES INC 19,617 25,859
SEMRUSH HLDGS INC CL A COM 7,638 7,354
RYMAN HOSPITALITY PROPERTIES INC 16,959 19,616
SABRE CORP COM 6,562 5,906
SHENANDOAH TELECOMMUNICATIONS CO 7,097 5,990
SAGE GROUP PLC UNSPONSORD ADR 29,988 35,945
SANDOZ GROUP AG FUNSPONSORED ADR 23,309 29,808
SANDVIK AB ADR-EACH REPR 1 ORD SEK6 118,947 100,884
SANOFI AVENTIS ADR 130,052 114,594
SAP ADR REP 1 ORD 200,834 254,581
SCOTTS MIRACLE-GRO CO CL A 48,886 46,106
SECOM CO LTD ADR 33,543 32,749
SEEK LTD UNSPONSORD ADR 55,979 53,449
S&P GLOBAL INC 242,054 317,245
STANDARD CHARTERED PLC UNSPON ADS EACH 48,185 53,218
STANLEY BLACK & DECKER 44,086 40,868
SIKA AG UNSP ADR EACH REP 0.10 ORD SHS 165,596 132,151
TEXAS INSTRUMENTS 46,540 368,270
TOKYO ELECTRON UNSPON ADR EACH REPR 0.5 SHS 108,742 68,998
STERLING INFRASTRUCTURE INC COM 7,911 12,634
STONECO LTD COM USD0.000079365 CLASS A 29,730 18,977
TDK ORD 45,591 64,256
TECHTRONIC INDUSTRIES COMPANY ADR 36,445 39,563
TELEDOC INC. 11,991 12,108
TELEFONICA SA SPON ADR EACH REP 1 ORD SHS 66,624 60,726
TELENOR ASA ADR EACH REPR 1 ORD NOK6 SPON 75,398 72,778
TELEPERFORMANCE SE UNSP ADR EACH REPR 0.5 ORD 26,072 23,646
TAYLOR MORRISON HOME CORP COM 17,804 21,913
TELSTRA GROUP LIMITED SPON ADR EACH REP 5 COM 73,984 73,393
TEREX CORP 6,010 5,778
TERUMO ADR REP ORD 66,474 69,011
TAYLOR WIMPEY PLC ADR EACH REPR 10 SHS 47,086 34,020
TETRA TECH INC. 18,382 20,717
THE BERKELEY GROUP HOLDINGS PLC 45,080 32,891
THE TRADE DESK INC COM CL A 52,743 321,797
THERMO FISHER SCIENTIFIC, INC. 189,942 214,855
TIAA-CREF SOCIAL CHOICE I 9,331,559 9,210,506
TITAN INTERNATIONAL INC 14,161 13,179
TJX COS INC 343,288 1,146,608
TEMENOS AG SPON ADR EA REPR 1 ORD 21,937 20,997
SWIRE PACIFIC ADR REP CL A ORD 47,154 51,519
TAKEDA PHARM CO LTD SPON ADS 80,539 72,171
T MOBILE US INC 239,939 352,285
SES AI CORPORATION CL A COM 5,549 20,091
STEELCASE INC 9,959 9,610
TOTO LTD SPON ADR EACH REP 1 ORD SHS 32,151 27,778
TAPESTRY INC 5.100% 3/11/2030 20,066 19,780
STONERIDGE INC 10,593 6,985
STRAUMANN HOLDING AG UNSP ADS EACH REP 0.10 ORD 44,706 36,117
STRYKER CORP 179,055 217,830
SUMITOMO MITSUI TRUST HOLDINGS INC SPON ADR EA REPR 0.1 ORD SHS 53,881 56,612
SUMMIT THERAPEUTICS INC COM 7,495 12,384
SUN HUNG KAI PPTYS ADR 80,540 77,602
SUNRISE COMMUNICATIONS AG 13,556 13,527
SUNSTONE HOTEL INVESTORS INC 12,340 15,013
SUNTORY BEVERAGE &FOOD LIMITED UNSPON ADR EACH REPR 0.5 ORD JPY0.00 39,490 38,547
TARGA RESOURCES PARTNERS 25,082 25,949
SWEDBANK ADR 24,217 23,285
SWISS LIFE HLDG ADR 43,090 47,070
SWISS RE AG SPON ADR EACH REPR 0.25 ORD SHS 32,391 42,367
SWISSCOM ORD 20,182 19,497
SYMRISE AG UNSP ADR EACH REPR 0.25 ORD 42,694 42,124
SYNCHRONY CARD ABS 2022 - SYNIT 2022 3.37% 04/17/28 77,072 79,697
SYNOPSYS, INC 94,586 102,896
SYSCO CORP 233,095 244,596
SYSMEX CORP UNSP ADR EA REPR 1/2 ORD SHS 22,477 22,283
BUMBLE INC COM CL A 16,304 18,063
STMICROELECTRONICS SPON ADR EACH REP 1 ORD SHS 74,472 58,879
ISHARES RUSSELL MIDCAP 537,224 1,461,517
HCA INC 44,036 44,069
CONSTELLIUM SE (FRANCE) EUR0.02 CLASS A 120,646 84,995
BROADRIDGE FINANCIAL SOLUTION INC COM 60,453 86,819
BROWN & BROWN INC 41,145 48,868
BROWN-FORMAN CORP 154,214 124,189
BUREAU VERITAS UNSPON ADR EACH REP 2 ORD SHS 35,452 36,168
CADENCE DESIGN SYSTEMS INC 202,527 569,672
CALAMOS MARKET NEUTRAL 110,472 113,826
CALVERT INTERNTL RESPONSIBLE INDEX I 4,109,841 3,940,655
CALVERT US LRG CAP CORE RESPNSBL INDX I 8,678,223 10,220,415
CANON INC SPON ADR EACH REP 1 ORD NPV 79,325 86,528
INVITATION HOMES INC COM 52,237 50,065
CAMPBELL SOUP CO 67,862 62,192
CAPGEMINI UNSPON ADR EACH REPR 0.2 ORD SHS 49,127 33,921
CAPITAL ONE FINANCIAL CO 39,719 41,304
CARGURUS INC COM CL A 11,593 20,389
CARLSBERG AS SPONSORED ADR 60,842 50,497
CARMAX, INC 4,845 5,805
CARREFOUR SA SPON ADR EACH REPR 1/5 SHS 74,880 62,172
CARRIER GLOBAL CORPORATION 51,125 78,362
CATALYST MILLBURN HEDGE 110,465 108,618
CATERPILLAR, INC 273,553 420,439
BROADCOM INC. 463,473 2,302,635
CANNAE HLDGS INC COM 11,911 13,008
BLUE OWL CAPITAL INC COM CL A 7,382 8,885
CAVA GROUP INC COM 10,173 34,066
BRAMBLES LTD SPON ADR EACH REP 2 ORD SHS 84,065 101,896
BIOGEN IDEC INC. 91,938 70,496
BIOMARIN PHARMACEUTICAL INC. 35,519 33,391
BIT DIGITAL INC USD ORD SHS ISIN #KYG1144A1058 7,954 10,715
BJS WHSL CLUB HLDGS INC COM 77,074 82,738
BLACKBAUD INC. 13,464 13,158
BLACKROCK EVENT DRIVEN EQUITY FUND INSTITUTIONAL SHARES 262,827 273,736
BLACKROCK GLOBAL EQUITY 95,697 106,696
BLACKROCK GLOBAL LONG/SHORT CREDIT FUND 104,863 109,022
BLACKROCK INC REG SHS 209,990 726,803
BRISTOL MYERS SQUIBB CO 359,970 386,814
CBL &ASSOC PPTYS INC COMMON STOCK 11,289 15,352
BLACKSTONE INC 34,322 82,417
BLUELINX HLDGS INC COM NEW 10,483 12,668
BNP PARIBAS SA 123,482 116,537
BOISE CASCADE CO. 20,184 31,854
BOOKING HOLDINGS INC. 208,430 332,884
BOOZ ALLEN HAMILTON HOLDING CORPORATION 45,089 62,291
BOR GWARNER AUTOMOTIVE INC 42,496 40,659
BOSTON SCIENTIFC 226,276 329,859
BOUYGUES UNSP ADR EACH REPR 0.2 ORD 40,449 35,629
BP CAP MARKETS AMERICA 38,175 39,510
BRIGHT HORIZONS FAMILY SOLUTIONS INC 23,846 28,821
BLOCK, INC 17,305 24,562
BRENNTAG SE UNSPONSORED ADR 38,890 33,620
BEST BUY CO, INC 21,594 25,740
CENTENE CORP 69,843 64,881
CNA FINANCIAL CORP 15,063 16,639
CNH INDUSTRIAL NV 40,271 40,097
COCA COLA CO 178,364 196,057
COGNIZANT TECHNOLOGY SOLUTIONS CORP 94,157 113,428
COLGATE PALMOLIVE 317,597 287,548
COLUMBIA MID CAP INDEX FUND INSTITUTIONAL 3 CLASS 1,151,526 1,875,566
COLUMBIA SMALL CAP INDEX FUND INSTITUTIONAL 3 CLASS 703,911 920,907
COLUMBIA STRATEGIC INCOME FUND INSTITUTIONAL 3 CLASS 796,005 768,608
COMCAST CORP-CL A 472,176 562,312
COMM 2015-CCRE2 CMO 2015 71,689 74,147
CBRE GROUP INC. 75,734 127,220
CMS ENERGY CORPORATION 22,045 59,785
COMMVAULT SYS INC COM 23,895 29,427
COMPUTERSHARE LTD SPON ADR EACH REP 1 ORD SHS 90,171 106,772
CONAGRA BRANDS 9,997 9,713
CONOCOPHILLIPS 73,566 91,336
CONSTELLATION BRANDS INC. 204,829 187,850
HEALTHEQUITY INC COM 24,012 28,209
CONTINENTAL AG SPON ADS EACH REP 0.1 ORD SHS 32,645 32,131
COPART, INC 111,793 135,153
CORE &MAIN INC CL A 14,179 26,270
CORE MOLDING TECHNOLOGIES INC 6,900 6,285
COMMERZBANK AG SPONSORED ADR NE 17,085 20,024
ADEIA INC COM 11,927 16,776
COMMONWEALTH BANK OF AUSTRALIA SPON ADR EACH REPR 1 ORD 237,373 282,867
CME GROUP, INC 190,918 390,146
CERTARA INC COM 10,583 10,874
CH ROBINSON WORLDWIDE, INC 33,902 40,088
CHARLES SCHWAB CORP 108,318 138,901
CHARLES SCHWAB CORP UST 15,386 15,440
CHART INDS INC COM 14,179 24,428
CHARTER COMMUNICATIONS, INC. 50,434 46,617
CHECK POINT SOFTWARE TECHNOLOGIES LTD 32,646 38,274
CHEVRON CORP 238,589 337,332
CHUBB LTD. 337,037 523,312
CLOROX COMPANY 47,968 51,971
CBOE GLOBAL MARKETS INC 59,309 72,884
CLOUDFLARE INC CL A COM 27,472 48,133
CIMPRESS PLC COM EUR0.01 6,524 9,395
CINCINNATI FIN 6,941 7,904
CINTAS CORP 121,391 179,046
CISCOSYSTEMS 345,509 692,581
CITIZENS FINANCIAL GROUP 33,565 46,167
CLARIVATE PLC COM NPV 14,307 10,983
CLAROS MTG TR INC COMMON STOCK 8,121 5,713
CLEAR SECURE INC 8,624 13,107
CLEARWATER ANALYTICS HLDGS INC CL A 6,141 6,330
CHUGAI PHARMACEUTICAL CO UNSPN ADS EACH REP 0.5 ORD SHS 36,790 36,866
CIGNA CORP 183,505 178,386
CHURCH & DWIGHT, INC 141,219 146,175
BERKSHIRE HATHAWAY CL B 76,801 302,338
COSTAR GROUP, INC 148,728 193,866
ALPS/CORE COM MGMT COMPL 192,000 183,819
ALSTOM ADR 33,622 45,023
ALTAIR ENGR INC COM CL A 9,152 14,512
AMADEUS IT GROUP S A UNSPONSORED ADS 114,194 128,524
AMAZON.COM, INC 79,375 1,126,348
AMDOCS LTD ORD GBP0.01 39,279 38,824
AMER SPORTS INC COM EUR0.030058 4,955 7,633
AMEREN CORP 61,044 87,625
AMERESCO INC 12,033 12,750
AMERICAN AXLE & MANUFACTURING HOLDINGS INC 11,883 11,147
AMERICAN EXPRESS 144,380 256,723
APOLLO GLOBAL MGMT INC COM 84,191 96,619
AMERICAN INTL GROUP, INC 129,251 167,003
AMERICAN TOWER CORP NEW COM 134,063 136,457
AMERIPRISE FINL, INC 81,132 132,043
ANALOG DEVICES, INC 148,693 239,442
ANDERSONS INC 47,550 40,763
ANNALY CAPITAL MANAGEMENT INC COM NEW 20,766 20,368
ANSYS INC 76,340 80,622
ANZ GROUP HOLDINGS LIMITED SPON ADR EACH REP 1 ORD SHS 131,392 120,245
AON PLC SHS CL A COM USD0.01 103,619 122,833
API GROUP CORP COM STK 13,839 21,798
ALPHABET, INC CL A 746,684 1,695,182
AMERICAN ELECTRIC POWER 49,044 92,599
ALPHABET, INC CL C 259,747 2,366,598
AGEAS SPONSORED ADR NE 41,951 45,407
ADT INC DEL COM 39,431 41,453
ADVANCED DRAINAGE SYSTEM 17,682 20,924
ADVANTAGE SOLUTIONS INC COM CL A 6,859 8,468
ADYEN NV UNSPON ADS EACH REP 0.01 ORD SHS 28,946 26,373
AECOM 41,851 58,110
AEGON LIMITED AMER REGD CERT(1 SH EUR0.12) 28,902 26,505
AEON ADR 26,939 28,858
AERCAP HOLDINGS N.V. EUR0.01 86,493 95,604
AFLAC INC 60,545 164,263
AGCO CORP COM USD0.01 26,858 24,679
AGILENT TECHNOLOGIES 65,022 70,663
ALLIANZ SE UNSPON ADS EACH REP 1/10 ORD SHARES 146,016 157,892
AGNC INVESTMENT CORP. 15,999 16,698
AIA GROUP ADR 115,359 104,818
AIR LEASE CORP 33,237 41,750
AKAMAI TECHNOLOGIES 79,575 120,136
AKZO NOBEL NV SPON ADS EACH REP 1/3 ORD SHS(R/S) 87,174 78,703
ALBEMARLE CORP 62,043 57,846
ALEXANDRIA REAL ESTATE EQUITIES INC. 21,496 18,827
ALFA LAVAL AB UNSP ADR EACH REPR 1 ORD 50,402 50,625
ALIGHT INC COM CL A 13,447 12,906
ALKAMI TECHNOLOGY INC COM 11,510 12,765
ALLSTATE CORP 47,005 67,091
APPFOLIO INC COM CL A 15,896 27,139
APPLE, INC 457,019 4,289,194
APPLIED DIGITAL CORP COM USD0.001 (POST REV SPLIT) 6,854 12,094
ATLAS COPCO ADR REPRESENTING ORD SHS CL A 85,919 73,653
ATLASSIAN CORPORATION CL A 43,347 62,549
AURORA INNOVATION INC CLASS A COM 15,238 31,424
AUTODESK INC 104,069 152,219
AUTOMATIC DATA PROCESSING 160,272 492,079
AUTOZONE, INC 107,890 115,272
AVALONBAY COMMUNITIES INC 79,377 76,550
AVERY DENNISON CORP 52,288 72,981
AVIENT CORP. 73,417 69,013
ATLANTA BRAVES HLDGS INC COM SER C 19,372 18,403
ATLAS COPCO AB SP ADR B NEW 35,503 31,276
AVIVA UNSPON ADR EACH REP 2 ORD SHS (PST SPLT) 58,369 56,832
BANCO BILBAO VIZCAYA ARGENTAR ADS EACH REPR 1 ORD EUR0.49 141,296 128,479
BANDAI NAMCO HOLDINGS INC UNSP ADS EA REP 0.5 ORD SHS 36,967 43,957
BANK IRELAND GROUP PLC UNSPON ADR EACH REP 1 ORD SHS 10,722 10,257
BANK OF NEW YORK MELLON CORPORATION 256,204 400,438
BARCLAYS PLC 39,727 42,803
BAYERISCHE MOTOREN WERKE AG UNSP ADR 96,553 96,732
BEACON ROOFING SUPPLY, INC 11,063 16,659
BECTON DICKINSON 172,106 303,098
AXA SA SPON ADR EACH REP 1 ORD SHS 100,072 97,382
BENTLEY SYS INC COM CL B 19,628 19,054
AXALTA COATING SYSTEMS LTD COM USD1.00 69,506 81,649
ATKORE INC COM USD0.01 23,641 22,532
ATI INC COM USD0.10 66,533 91,532
AT&T, INC 157,167 236,558
APPLIED MATERIALS 179,190 195,969
APTARGROUP, INC 54,994 55,142
APTIV PLC ORD USD0.01 65,357 56,125
AQR DIVERSIFIED 272,950 280,134
ARCH CAPITAL GROUP COM STK USD0.01 24,325 21,241
ARCHER AVIATION INC COM CL A 19,359 56,092
ARGAN INC COM 10,016 22,063
ARISTA NETWORKS INC COM SHS 259,619 925,357
ARRIVENT BIOPHARMA INC COM 8,410 6,980
ARTHUR J GALLAGHER & CO 84,819 105,876
APPLIED INDUSTRIAL TECHNOLOGIES INC 6,394 11,974
ARTISAN INTL VALUE FUND INSTL 367,500 382,215
ASHTEAD GROUP UNSP ADR EACH REPR 4 ORD SHS 77,258 71,639
ASICS CORP UNSP ADR EA REPR 1 ORD 30,068 37,431
ASM INTERNATIONAL NV SPON ADR EACH REP 1 ORD SHS 40,811 36,995
ASML HOLDING NV EUR0.09 NY REGISTRY SHS 2012 332,073 257,826
ASSA ABLOY UNSP ADR EA REPR 0.50 ORD SHS 71,275 76,063
ASSICURAZIONI GENERALI SPA UNSPONSORD ADR 64,809 71,707
AST SPACEMOBILE INC COM CL A 6,749 7,702
ASTELLAS PHARMA UNSP ADR EACH REPR 1 ORD 26,413 24,034
ASTRAZENECA PLC 193,270 188,829
ASX LTD UNSP ADR EACH REPR 1 ORD 68,420 64,399
ASGN INC COM 5,033 6,251
BERRY GLOBAL GROUP INC 40,932 48,697
COSTCO 94,631 160,347
ACUITY BRANDS INC 13,695 21,325
COURSERA INC COM 23,862 28,016
GLOBE LIFE INC COM 35,533 50,296
GM FINANCIAL CO ABS 2021 20,870 21,828
GODADDY INC CL A 73,689 133,619
GOGO INC 8,759 9,740
GOLDMAN SACHS GROUP INC 33,461 34,346
GOLDMAN SACHS GROUP, INC 209,054 337,273
GOTHAM ABSOLUTE RETURN 92,112 101,204
GOTHAM INDEX PLUS FUND 49,358 61,935
GRAB HLDGS LTD CL A ORD ISIN #KYG4124C1096 28,629 43,740
GLOBAL PAYMENTS 12,343 13,671
GLOBANT SA USD1.20 17,552 20,799
GRACO ORD SHS 53,709 55,631
GRIFFON CORP 6,272 7,412
GRINDR INC COM 15,564 28,812
GROUP ONE AUTOMOTIVE INC. 20,044 37,090
GS MORTGAGE SEC CMO 2015 99,069 103,114
GSK PLC SPON ADS EACH REP 2 ORD SHS 97,301 77,279
GUIDEWIRE SOFTWARE INC COM USD0.0001 30,495 55,294
H&E EQUIPMENT SERVICES INC 6,278 8,127
HARLEY DAVIDSON COM USD0.01 6,146 6,629
HARTFORD FINANCIAL SVCS 51,324 59,404
GRANITE CONSTRUCTION INC 9,095 17,542
GREENBRIER COMPANIES INC 8,060 10,856
FNMA PMA4578 02 50%2052 136,653 129,209
HASBRO, INC 8,209 7,156
GETTY IMAGES HOLDINGS INC CL A 12,289 6,562
FOX FACTORY HOLDING CORP COM USD0.001 7,437 5,963
FRANKLIN RESOURCES INC COM 4,731 4,606
FRESENIUS MEDICAL CARE AG SPON ADR-EACH REP 0.5 NPV 31,585 35,069
FRESHWORKS INC CLASS A COM 5,562 7,729
COUPANG INC CL A 89,719 87,217
FUJI ELECTRIC CO. LTD. UNSP ADR EACH REP 0.25 ORD SHS 51,571 45,023
FUJIFILM HOLDINGS ADR 94,496 88,972
FUJITSU UNSP ADR EACH REP 0.2 ORD SHS 51,646 55,156
GIVAUDAN SA ADR EACH 50 REPR 1 ORD 105,475 95,611
FORD CREDIT AUT ABS 2023 74,484 75,034
GLOBAL BUSINESS TRAVEL GROUP COM CL A 32,262 44,776
GARMIN LTD COM CHF10.00 92,291 115,299
GE HEALTHCARE TECHNOLOGIES INC COMMON STOCK 49,591 48,628
GENERAC HOLDINGS, INC 14,223 20,157
GENERAL MILLS, INC 57,951 55,352
GENIE ENERGY LTD COM USD0.01 14,852 14,374
GENPACT LTD. 52,858 66,401
GENTHERM INC 18,721 18,006
GENUINE PARTS CO COM USD1.00 82,215 78,930
GENWORTH FINANCIAL INC COM USD0.001 CLASS A 10,057 12,400
GARTNER INC 87,380 111,428
GATES INDUSTRIAL CORP PLC 9,700 15,057
GATX CORP COM STK USD0.625 28,893 35,796
FOX CORP CL B COM 10,430 13,539
INVESCO LTD 10,614 12,795
IAC INTERACTIVECORP NEW COM NEW 31,180 26,790
IBM CORP 371,429 621,899
ILLINOIS TOOL WORKS, INC 150,612 152,897
ILLUMINA INC 15,016 15,635
INDITEX (IND.DE DISENO TEXTIL SA) UNSP ADR EACH REP 0.50 ORD 102,618 116,275
INFORMATICA INC COM CL A 17,815 20,692
ING GROEP N.V. ADR 18,720 17,237
INTERACTIVE BROKERS GROUP INC COM CL A 22,172 33,214
INTERCONTINENTAL EXCHANGE INC COM USD0.01 180,919 233,946
INTERDIGITAL INC 8,685 13,948
HYUNDAI AUTO RE ABS 2023 5.48% EXP 4/17/2028 100,121 101,093
HYSTER-YALE MATLS HANDLING INC COM USD0.01 CL A 3,525 2,954
INTERFACE INC 14,804 22,962
INTESA SANPAOLO S.P.A. SPON ADR EACH REP 6 ORD SHS 88,592 104,811
INTUIT, INC 147,279 218,090
INTUITIVE SURGICAL, INC 410,324 723,959
ACCENTURE PLC 342,341 600,857
ABERCROMBIE &FITCH CO CL A COM USD0.01 10,757 24,513
ABBVIE INC COM 253,121 571,839
ABBOTT LABS 340,717 643,030
ABBEY CAPITAL MULTI 104,766 106,890
ABBEY CAPITAL FUTURES 195,806 185,716
INTERPUBLIC GRP 11,827 11,012
INTERTEK GROUP PLC ADR 35,261 33,430
HB FULLER CO 45,654 44,604
HUNTINGTON BANC 102,545 154,467
HOST HOTELS & RESORTS, INC 66,616 68,784
HENKEL AG&CO SPON ADS EA REP .25 ORD SHS 65,326 68,478
HENRY SCHEIN INC COM 11,800 11,487
HEWLETT PACKARD ENTERPRISE CO. 37,581 52,308
HILLENBRAND INC 9,491 10,404
HILLMAN SOLUTIONS CORP COM 9,204 9,107
HIMS &HERS HEALTH INC COM CL A 7,534 14,556
HOME DEPOT 122,850 424,388
HOME DEPOT INC 4.95% 6/25/2034 24,982 24,662
HUSQVARNA ADR 40,852 28,011
HONDA MOTOR COMPANY, LTD. 216,699 177,010
HEINEKEN HOLDING SPON ADR EA REPR 0.5 ORD EURO 32,176 24,871
HEINEKEN NV SPONSORED ADR L1 58,615 44,756
HOYA ADR 69,548 65,596
HP ENTERPRISE CO 5% 10/15/2034 24,917 24,029
HP INC 47,082 51,131
HSBC HOLDINGS INC. 179,385 235,924
HUB GROUP INC. CL A 18,678 18,671
HUBBELL INC COM 32,858 37,281
HUBSPOT INC 39,227 55,045
HUMANA INC 87,511 66,979
HONEYWELL INTL 140,363 432,353
ADOBE SYSTEMS 328,988 791,086
HONG KONG EXCHANGES & CLEARING UNSP ADR EACH REPR 1 ORD 63,796 75,736
FNMA PFS6259 04 50%2053 171,735 164,118
FRONTIER COMMUNICATIONS PARENT COM 12,759 28,107
DELL TECHNOLOGIES INC CL C 24,577 58,772
DEUTSCHE BOERSE AG UNSPONSORD ADR 34,035 37,828
DEUTSCHE TELEKOM AG 96,585 120,266
DEXCOM INC. 11,278 12,132
DIGITALOCEAN HLDGS INC COM 5,656 8,109
DISCO CORPORATION UNSP ADR EACH REP 0.10 ORD SHS 61,780 48,969
DISNEY (WALT) HOLDING CO 433,515 485,820
DNB BANK ASA SPON ADR EACH REP 1 ORD SHS 174,111 174,642
DOCUSIGN INC. 13,645 23,025
DELIVERY HERO SE UNSPON ADS EACH REP 0.1 ORD SHS 20,717 22,696
DOLLAR TREE INC 79,783 90,228
DELAWARE EMERGING MARKETS FD 233,719 241,425
DECKERS OUTDOOR CORP. 21,274 46,305
DOVER CORP 90,840 102,992
DR. ING. H.C. F. PORSCHE AG UNSPON ADR EACH REP 1/10 PREF 26,426 21,904
DROPBOX INC CL A 7,001 9,192
DTE ENERGY CO 29,849 48,300
DUN &BRADSTREET HLDGS INC COM 11,700 13,295
FNMA PCB4798 05%2052 138,981 138,529
E2OPEN PARENT HOLDINGS INC COM CL A 2,760 2,399
EAST JAPAN RAILWAY ADR 88,254 85,201
DONNELLEY FINL SOLUTIONS INC COM 5,170 7,277
EAST WEST BANCORP INC 15,152 29,015
DOORDASH INC. - A 54,056 113,902
ACELYRIN INC COM 6,357 3,209
COVENANT LOGISTICS GROUP INC CL A 11,076 15,317
DAI-ICHI LIFE HOLDINGS INC UNSP ADR EACH REPR 1 ORD 33,426 35,760
ACI WORLDWIDE INC 9,532 20,193
CRODA INTERNATIONAL UNSP ADS EA REPR 0.5 ORD SHS(R/S) 63,614 48,860
CROWDSTRIKE HOLDINGS INC. CLASS A 52,471 96,147
CROWN CASTLE INTERNATIONAL CORP 47,424 56,725
CSL LTD SPON ADR EACH REPR 0.5 ORD 174,274 152,267
CSX CORP. 76,811 75,609
CUMMINS INC. 50,663 108,763
CUSHMAN AND WAKEFIELD PLC COM USD0.01 13,155 20,679
DEERE & CO 97,568 178,801
CVS HEALTH CORP 5.7% 45,549 44,232
EATON VANCE GLB MACRO 210,045 216,767
CREDIT AGRICOLE S A ADR 69,352 62,221
DAIWA HOUSE INDUSTRY CO LTD ADR 90,933 97,626
DANONE SPONSORED FRANCE ADR 85,164 88,641
DANSKE BANK A/S SPON ADR EACH REP 0.5 ORD SHS 26,624 24,678
DARDEN RESTAURANTS 14,051 56,007
DASSAULT SYSTEMES SPON ADR EACH REP 1 ORD SHS 51,384 42,740
DATADOG INC CL A COM 38,102 65,158
DAVIDE CAMPARI MILANO NV UNSPN ADS 39,859 28,952
DBS GROUP HLDGS LTD SPONS ADR EACH REP 4 ORD SHS 52,882 73,623
CYBERARK SOFTWARE LTD COM ILS0.01 25,401 31,649
FNMA PFS3024 04%2052 131,540 127,686
DAIFUKU CO LTD UNSPON ADS EACH REP 0.25 ORD SHS 66,882 69,025
EDWARDS LIFESCIENCES CORP 22,491 25,911
DUOLINGO INC CL A COM 18,815 20,751
FACTSET RESEARCH SYSTEMS INC 7,729 9,606
FANUC CORPORATION UNSP ADR EACH REP 0.50 ORD NPV 83,522 73,428
FAST RETAILING CO LTD UNSPONSORD ADR 73,746 89,344
FASTENAL COM STK USD0.01 77,748 93,411
FASTLY INC CL A 5,450 6,957
EXXON MOBIL CORP 241,234 419,200
FHLMC RA 5279 04%2051 122,412 120,721
EXPEDITORS INTL WASH INC 109,006 103,127
FHLMC SD 8089 02 50%2050 129,641 124,698
FIDELITY NATIONAL INFORMATION 61,507 85,859
FIFTH THIRD BANC 8,596 8,287
FAIR ISAAC CORP 40,217 95,565
FIRST ADVANTAGE CORP NEW COM 5,930 8,335
FIRST SOLAR INC 9,894 10,927
FIRST WATCH RESTAURANT GROUP I COM 9,267 9,901
FISERV, INC 195,530 312,855
FNMA PCA0386 04%2047 131,856 134,948
FNMA PCB3586 03%2052 135,885 131,388
FNMA PCB4125 04%2052 136,142 133,291
FIDELITY NATIONAL FINANCIAL INC 9,806 9,095
EBAY, INC 161,707 223,454
EXPEDIA, INC 41,921 70,246
DESPEGAR COM CORP ORD SH ISIN #VGG273581030 7,683 12,570
FIRST AMERICAN CORP 11,427 11,926
EVOLENT HEALTH INC CL A 5,980 2,813
FERGUSON ENTERPRISES INC COM 62,284 67,172
ELECTRONIC ARTS INC. 116,858 129,476
ELI LILLY 787,664 1,158,000
EMCOR GROUP INC COM STK USD0.01 14,719 38,128
ENCOMPASS HEALTH 13,022 12,837
ENPHASE ENERGY INC COM USD0.00001 5,196 4,602
ENSIGN GROUP INC. 12,638 11,559
ELASTIC N V COM EUR0.01 11,650 16,249
ENSTAR GROUP LTD 24,740 24,476
ENTERGY CORP 109,398 153,460
EXLSERVICE HOLDINGS 14,918 23,211
EPAM SYS INC COM USD0.001 22,660 27,591
ELEVANCE HEALTH INC 229,247 181,499
ENTERPRISE PRODUCTS OPER 34,138 34,950
EQUITY COMMONWEALTH REIT 26,496 2,363
EQUITABLE HOLDINGS INC. 37,637 68,774
ADIDAS ADR 45,908 54,188
EOG RESOURCES 77,557 156,044
EPIROC AB UNSPON ADS EACH REP 1 ORD SHS 53,922 48,539
ESSILORLUXOTTICA SOCIT ANONYME 114,202 122,601
EVERCOMMERCE INC COM 18,568 22,251
ESAB CORPORATION COM 13,098 26,147
ERSTE GROUP BANK ADR 26,628 39,703
ERICSSON(L.M.)(TELEF ONAKTIEBOLAGET) ADR EACH REP 1 ORD B SEK1 29,086 27,323
EQUITY RESIDENTIAL PPTYS TR 51,377 57,982
ESCO TECHNOLOGIES INC 48,545 67,005

TY 2024 InvestmentsGovtObligationsSch
Name:
FRANK E PAYNE AND SEBA B PAYNE
 
FOUNDATION
EIN:
87-1526433
US Government Securities - End of Year Book Value:

1,386,904
US Government Securities - End of Year Fair Market Value:

1,382,325
State & Local Government Securities - End of Year Book Value:


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


0


TY 2024 InvestmentsOtherSchedule2
Name:
FRANK E PAYNE AND SEBA B PAYNE
 
FOUNDATION
EIN:
87-1526433
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
DOUBLELINE TOTAL RETURN BOND FUND CL I AT COST 3,008,938 2,836,683
WELLINGTON CLIMATE INNOVATION FEEDER FUND (CAYMAN) L. P. AT COST 404,191 324,685
INVESCO S&P 500 EQUAL WEIGHT ETF AT COST 242,243 817,798
INVESCO FTSE RAFI US 1500 SMALL-MID ETF AT COST 319,649 1,040,250
RBC IMPACT BOND FUND CLASS I AT COST 11,975,691 11,889,096
ISHARES CORE US AGGREGATE BOND FUND AT COST 4,053,643 3,964,857
ISHARES COHEN & STEERS REIT ETF AT COST 259,866 361,560
INVESCO EXCHANGE TRADED FD TR WATER RES ETF AT COST 188,946 723,558
CLEAN GROWTH FEEDER FUND VI, LP AT COST 556,099 1,019,922
INVESCO WILDERHILL CLEAN ENERGY ETF AT COST 154,151 66,693
INVESCO SOLAR ETF AT COST 280,748 77,269
SPDR S&P EMERGING MARKETS SMALL CAP ETF AT COST 146,888 214,923
INVESCO FTSE RAFI US 1000 ETF AT COST 50,473 168,016
IMPACT ENGINE PRIVATE EQUITY FUND II LP AT COST 622,964 722,950
IROQUOIS VALLEY FARMLAND REIT, PBC AT COST 1,000,010 1,063,647

TY 2024 LegalFeesSchedule
Name:
FRANK E PAYNE AND SEBA B PAYNE
 
FOUNDATION
EIN:
87-1526433
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 15,385 0   15,385


TY 2024 OtherAssetsSchedule
Name:
FRANK E PAYNE AND SEBA B PAYNE
 
FOUNDATION
EIN:
87-1526433
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PRI - LOAN TO MASSACHUSETTS HOUSING INVESTMENT CORPORATION 3,000,000 3,000,000 3,000,000
PRI - RECOVERABLE GRANT TO THE CONSERVATION FUND FOR FONES CLIFF VA 1,000,000 1,000,000 1,000,000
PRI - RCI VILLAGE PROPERTIES   500,000 500,000
PRI - CONSERVATION FUND ROCKY LAKE III   1,000,000 1,000,000
PRI - CONSERVATION FUND ROCKY LAKE III   1,000,000 1,000,000
PRI - OPPORTUNITIES COMMUNITES HOUSING ACCELERATOR FUND LLC (OPCO)   500,000 500,000


TY 2024 OtherExpensesSchedule
Name:
FRANK E PAYNE AND SEBA B PAYNE
 
FOUNDATION
EIN:
87-1526433
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 11,232 0   11,232
FILING FEES 185 0   185
BANK FEES 730 730   0
NON DEDUCTIBLE EXPENSES 12,928 0   0
OTHER EXPENSES FROM PASSTHROUGHS 33,627 33,627   0


TY 2024 OtherIncomeSchedule2
Name:
FRANK E PAYNE AND SEBA B PAYNE
 
FOUNDATION
EIN:
87-1526433
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME FROM PASSTHROUGH 17,798 17,798 17,798
NONTAXABLE INCOME 17,595 0 17,595
UBI FROM PASSTHROUGH -9,626   -9,626


TY 2024 OtherIncreasesSchedule
Name:
FRANK E PAYNE AND SEBA B PAYNE
 
FOUNDATION
EIN:
87-1526433
Description Amount
OTHER INCREASES 47,209


TY 2024 OtherProfessionalFeesSchedule
Name:
FRANK E PAYNE AND SEBA B PAYNE
 
FOUNDATION
EIN:
87-1526433
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FINANCIAL SERVICES FEES 303,901 303,901   0
INVESTMENT ADVISORY FEES 830,271 830,271   0
CONSULTING FEES 3,950 0   3,950
ANCILLARY FEES 162,500 0   162,500


TY 2024 TaxesSchedule
Name:
FRANK E PAYNE AND SEBA B PAYNE
 
FOUNDATION
EIN:
87-1526433
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAX PAYMENTS 980,005 0   0
FOREIGN TAXES 99,976 99,976   0