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
The Veale Foundation
 
% DANIEL HARRINGTON
Number and street (or P.O. box number if mail is not delivered to street address)30100 Chagrin Blvd 210
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Pepper Pike, OH44124
A Employer identification number

34-6565830
B Telephone number (see instructions)

(216) 255-3166
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$176,572,031J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,455,058 2,455,058  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,966,282
b Gross sales price for all assets on line 6a 107,693,781
7 Capital gain net income (from Part IV, line 2)... 3,966,282
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
6,175,262 6,175,262  
12 Total. Add lines 1 through 11........ 12,596,602 12,596,602  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 240,496     226,066
15 Pension plans, employee benefits....... 40,100     37,694
16a Legal fees (attach schedule)......... 4,048     4,048
b Accounting fees (attach schedule)....... 7,484     5,987
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
521,395 521,395    
17 Interest............... 117,592 117,592    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
73,115 53,320   18,608
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
1,668    
20 Occupancy.............. 41,765     40,930
21 Travel, conferences, and meetings....... 7,325     7,325
22 Printing and publications.......... 2,795     2,739
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
462,806 359,895   102,865
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,520,589 1,052,202   446,262
25 Contributions, gifts, grants paid....... 6,850,100 6,850,100
26 Total expenses and disbursements. Add lines 24 and 25 8,370,689 1,052,202   7,296,362
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,225,913
b Net investment income (if negative, enter -0-) 11,544,400
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 768,566 1,069,713 1,069,713
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.......... 4,250 2,538 2,538
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 48,670,716 Click to see attachment
List of Attached Documents:
// Content
58,905,686 		86,610,641
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).......... 71,705,005 Click to see attachment
List of Attached Documents:
// Content
62,206,649 		88,887,081
14 Land, buildings, and equipment: basis right arrow29,481
Less: accumulated depreciation (attach schedule) right arrow27,423 3,726 Click to see attachment
List of Attached Documents:
// Content
2,058 		2,058
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 121,152,263 122,186,644 176,572,031
Liabilities 17 Accounts payable and accrued expenses.......... 1,140 0
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 1,140 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 121,151,123 122,186,644
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 121,151,123 122,186,644
30 Total liabilities and net assets/fund balances (see instructions). 121,152,263 122,186,644
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
121,151,123
2
Enter amount from Part I, line 27a .....................
2
4,225,913
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
125,377,036
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
3,190,392
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
122,186,644
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 REAMS #6804   2010-01-01 2024-02-01
b SELECT #6805   2010-01-01 2024-02-01
c EDGEWOOD #6803   2010-01-01 2024-02-01
d WFA #6800   2010-01-01 2024-02-01
e ECHO STREET DISPOSTION   2010-01-01 2024-02-01
NEWPORT ASIA DISPOSITION   2010-01-01 2024-02-01
(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 34,152,103   34,141,745 10,358
b 2,197,254   1,893,465 303,789
c 7,794,113   6,325,574 1,468,539
d 61,979,180   61,302,603 676,577
e 0   50,641 -50,641
0   13,471 -13,471
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       10,358
b       303,789
c       1,468,539
d       676,577
e       -50,641
      -13,471
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 3,966,282
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) 1 160,467
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  
3 Add lines 1 and 2........................... 3 160,467
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 160,467
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 91,578
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 100,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 191,578
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 5,640
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 25,471
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow25,471 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowOH
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowDANIEL HARRINGTON Telephone no.right arrow (216) 255-3166

Located atright arrow30100 CHAGRIN BLVD 210PEPPER PIKEOH ZIP+4right arrow44124
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
No
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
DANIEL HARRINGTON CHAIRMAN
4.0 		0 0 0
30100 Chagrin Blvd 210
Pepper Pike,OH44124
WILLIAM JAMES CULBERTSON TRUSTEE
0.5 		0 0 0
30100 Chagrin Blvd 210
Pepper Pike,OH44124
WILLIAM BRANCOVSKY TRUSTEE
0.5 		0 0 0
30100 Chagrin Blvd 210
Pepper Pike,OH44124
THOMAS HARRINGTON TRUSTEE
0.5 		0 0 0
30100 Chagrin Blvd 210
Pepper Pike,OH44124
THOMAS DICARRO TRUSTEE
4.0 		0 0 0
30100 Chagrin Blvd 210
Pepper Pike,OH44124
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
BRANT FAIRCHILD EXECUTIVE DIRECTOR
40.0 		109,748 3,663  
30100 CHAGRIN BLVD SUITE 210
PEPPER PIKE,OH44124
Total number of other employees paid over $50,000...................right arrow  
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
MONTICELLO ASSOCIATES INVESTMENT ADVISORS 255,500
1800 LARIMER ST STE 2100
DENVER,CO80202
EDGEWOOD MANAGEMENT LLC INVESTMENT ADVISORS 121,946
535 MADISON AVE 15TH FL
NEW YORK,NY10022
SELECT EQUITY GROUP INVESTMENT ADVISOR 54,205
380 LAFEYETTE ST 6TH FL
NEW YORK,NY10003
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)
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
173,157,559
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
173,157,559
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
173,157,559
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,597,363
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
170,560,196
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
8,528,010
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
8,528,010
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
160,467
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
160,467
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
8,367,543
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
8,367,543
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
8,367,543
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
7,296,362
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
7,296,362
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 8,367,543
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 7,251,719
b Total for prior years:2022, 2021, 2020  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 7,296,362
a Applied to 2023, but not more than line 2a 7,251,719
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 44,643
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 .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		8,322,900
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) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
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.... 0
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 FOREIGN POLICY COUNCIL

509 C Street NE
WASHINGTON,DC20002 		NONE PC GENERAL FUND 400,000

AMERICAN RED CROSS

3747 Euclid Ave
CLEVELAND,OH44115 		NONE PC GENERAL FUND 25,000

BEAUMONT SCHOOL

3301 N Park Blvd
CLEVELAND HEIGHTS,OH44118 		NONE PC GENERAL FUND 10,000

BENEDICTINE HIGH SCHOOL

2900 Martin Luther King Jr Dr
CLEVELAND,OH44104 		NONE PC GENERAL FUND 10,000

Bluecoats

2330 MERCANTILE RD
BEACHWOOD,OH44122 		NONE PC GENERAL FUND 10,000

CASE WESTERN RESERVE UNIVERSITY

10900 Euclid Ave
CLEVELAND,OH44106 		NONE PC VEALE INSTITUTE & ENGINEERING SCHOOL& VEALE NATATORIUM & SNYDER ENTREPRENEURIAL FELLOWSHIP & GENERAL FUND 573,000

CHAGRIN FALLS EDUCATIONAL FDN

P O BOX 235
CHAGRIN FALLS,OH44022 		NONE PC GENERAL FUND 10,000

CLEVELAND MUSEUM OF ART

11150 East Blvd
CLEVELAND,OH44106 		NONE PC GENERAL FUND 25,000

CLEVELAND MUSEUM OF NATURAL HISTORY

1 WADE OVAL DR
CLEVELAND,OH44106 		NONE PC GENERAL FUND 26,000

CLEVELAND CLINIC

P O BOX 931517
CLEVELAND,OH44193 		NONE PC GENERAL FUND 25,000

CUYAHOGA FALLS HIGH SCHOOL

2300 4TH ST
CUYAHOGA FALLS,OH44221 		NONE PC GENERAL FUND 10,000

OHIO LIVING BRECKENRIDGE VILLAGE

36855 RIDGE RD
WILLOUGHBY,OH44094 		NONE PC GENERAL FUND 20,000

FRIENDS OF BREAKTHROUGH SCHOOL

3615 SUPERIOR AVE STE 4403D
CLEVELAND,OH44114 		NONE PC GENERAL FUND 10,000

EDENCULTURE

575 COUNTY RD 42
TORONTO,OH43964 		NONE PC GENERAL FUND 15,000

GILMOUR ACADEMY

34001 Cedar Rd
GATES MILLS,OH44040 		NONE PC GENERAL FUND & OUR LADY CHAPEL 24,000

HATHAWAY BROWN SCHOOL

19600 N Park Blvd
SHAKER HEIGHTS,OH44122 		NONE PC GENERAL FUND 10,000

HOLDEN ARBORETUM

9550 SPERRY RD
KIRTLAND,OH44094 		NONE PC GENERAL FUND 25,000

HOPEWELL

9637 OH-534
MIDDELFIELD,OH44062 		NONE PC GENERAL FUND 1,000

JOHN CARROLL UNIVERSITY

1 John Carroll Blvd
UNIVERSITY HEIGHTS,OH44118 		NONE PC GENERAL FUND 60,600

LAUREL SCHOOL

1 Lyman Circle
SHAKER HEIGHTS,OH44122 		NONE PC GENERAL FUND 10,000

MAGNIFICAT HIGH SCHOOL

20770 Hilliard Blvd
ROCKY RIVER,OH44116 		NONE PC GENERAL FUND 10,000

MUSICAL ARTS ASSOCIATION

11001 EUCLID AVE
CLEVELAND,OH44106 		NONE PC GENERAL FUND 27,500

ST CHRISTOPHER BY THE RIVER

7601 Old Mill Rd
GATES MILLS,OH44040 		NONE PC GENERAL FUND 20,000

GATES MILLS HISTORICAL SOCIETY

P O BOX 191
GATES MILLS,OH44040 		NONE PC GENERAL FUND 10,000

NORTH ROYALTON HIGH SCHOOL

14713 RIDGE RD
NORTH ROYALTON,OH44133 		NONE PC GENERAL FUND 10,000

ST MARTIN DE PORRES HIGH SCHOOL

6202 ST CLAIR AVE
CLEVELAND,OH44103 		NONE PC GENERAL FUND 10,000

ST EDWARD HIGH SCHOOL

13500 DETROIT AVE
LAKEWOOD,OH44107 		NONE PC GENERAL FUND 10,000

UNIVERSITY SCHOOL

2785 SOM CENTER RD
CHAGRIN FALLS,OH44022 		NONE PC GENERAL FUND 45,000

UPCYCLE PARTS SHOP

6419 ST CLAIR AVE
CLEVELAND,OH44103 		NONE PC GENERAL FUND 12,000

PHI KAPPA PSI

5395 EMERSON WAY
INDIANAPOLIS,IN46226 		NONE PC GENERAL FUND 10,000

BATES COLLEGE

2 ANDREWS RD
LEWISTOWN,ME04240 		NONE PC GENERAL FUND 3,000

OLMSTED FALLS BOARD OF EDUCATION

26937 BAGLEY RD
OLMSTED FALLS,OH44138 		NONE PC GENERAL FUND 10,000

WILLOUGHBY EASTLAKE CITY SCHOOLS

35353 CURTIS BLVD
EASTLAKE,OH44095 		NONE PC GENERAL FUND 10,000

HIRAM COLLEGE

11715 GARFIELD RD
HIRAM,OH44234 		NONE PC GENERAL FUND 5,000

HOLY NAME HIGH SCHOOL

6000 QUEENS HWY
PARMA HEIGHTS,OH44130 		NONE PC GENERAL FUND 10,000

BEECH BROOK

3737 LANDER RD
PEPPER PIKE,OH44124 		NONE PC GENERAL FUND 500

JULIE BILLIART SCHOOL

4982 CLUBHOUSE RD
LYNDHURST,OH44124 		NONE PC GENERAL FUND 7,500

JUNIOR ACHIEVEMENT GREATER CLEVELAND

1422 EUCLID AVE SUITE 952
CLEVELAND,OH44115 		NONE PC GENERAL FUND 120,500

LAKE RIDGE ACADEMY

37501 CENTER RIDGE RD
NORTH RIDGEVILLE,OH44039 		NONE PC GENERAL FUND 12,500

PLAYHOUSE SQUARE

1501 EUCLID AVE SUITE 201
CLEVELAND,OH44115 		NONE PC GENERAL FUND 35,000

RONALD MCDONALD HOUSE

10415 EUCLID AVE
CLEVELAND,OH44106 		NONE PC GENERAL FUND 500

THOMAS HARVEY HIGH SCHOOL

200 WEST WALNUT ST
PAINSEVILLE,OH44077 		NONE PC GENERAL FUND 10,000

LUTHERAN METROPOLITAN MINISTRY

4515 SUPERIOR AVE
CLEVELAND,OH44103 		NONE PC GENERAL FUND 1,000

JEWISH FAMILY SERVICES ASSN OF CLEVELAND

29125 CHAGRIN BLVD
PEPPER PIKE,OH44122 		NONE PC GENERAL FUND 2,500

ST FRANCIS ASSISI SCHOOL

6850 MAYFIELD RD
GATES MILLS,OH44040 		NONE PC GEENRAL FUND 10,000

SHAKER SCHOOLS FOUNDATION

15600 Parkland Dr
SHAKER HEIGHTS,OH44120 		NONE PC GENERAL FUND 10,000

UNIVERSITY HOSPITALS

11100 EUCLID AVE
CLEVELAND,OH44106 		NONE PC GENERAL FUND 5,000,000

WOMENSAFE

12041 RAVENNA RD
CHARDON,OH44024 		NONE PC GENERAL FUND 1,000

YWCA OF CLEVELAND

4019 PROSPECT AVE
CLEVELAND,OH44103 		NONE PC GENERAL FUND 15,000

ashland university

401 college ave
ashland,OH44805 		NONE   general fund 6,000

elder high school

3900 vincent avenue
cincinnati,OH44128 		NONE   general fund 50,000

hospice of the western reserve

po box 72101
CLEVELAND,OH44192 		NONE   general fund 5,000

effective leadership academy

26401 emery road suite 100
warrensville heights,OH44128 		NONE   general fund 6,000

plain local schools

901 44th street nw
canton,OH44709 		NONE   general fund 10,000

polaris career center business program

7285 old oak blvd
middleburg hts,OH44130 		NONE   general fund 10,000

solon italian club foundation

po box 39251
solon,OH44139 		NONE   general fund 25,000

cuyahoga valley christian academy

4687 wyoga lake road
cuyahoga falls,OH44224 		NONE   general fund 10,000
Total .................................right arrow 3a 6,850,100
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 2,455,058  
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 3,966,282  
9 Net income or (loss) from special events:     18    
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPARTNERSHIPS & OTHER INVESTMENTS MARK TO MARKET 		    18 6,175,262  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   12,596,602  
13Total. Add line 12, columns (b), (d), and (e)..................
13
12,596,602
(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

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

TY 2024 DepreciationSchedule
Name:
The Veale Foundation
EIN:
34-6565830
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
LAPTOPS - 3 2015-04-22 6,081 6,081 M5          
OFFICE FURNITURE 2016-02-01 3,300 3,300 M5          
CARPETING 2016-03-08 2,890 2,890 M5          
MOVING SERVICES 2016-04-06 623 623 M5          
DESK, FABRIC 2016-04-25 544 544 M5          
MAC MINI 2016-05-17 746 746 M5          
CHAIR & SOFA 2016-06-09 938 938 M5          
OFFICE FURNITURE 2016-09-09 1,514 1,513 M5          
COMPUTER&PERIPHERA 2016-09-12 2,089 2,089 M5          
COMPUTERS 2020-06-01 3,891 3,218 M5   448      
COMPUTERS 2021-06-01 4,767 3,393 M5   549      
OFFICE FURNITURE 2023-06-01 2,098 420 M5   671      

TY 2024 InvestmentsCorpStockSchedule
Name:
The Veale Foundation
EIN:
34-6565830
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCKS 20,490,306 42,582,433
MUTUAL FUNDS 27,095,045 32,698,339
CORP BONDS & NOTES 11,320,335 11,329,869

TY 2024 InvestmentsOtherSchedule2
Name:
The Veale Foundation
EIN:
34-6565830
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BAM II   2,327,538 2,032,358
NEWPORT ASIA FUND   0 0
SEMPER VIC PARTNERS   4,225,621 10,495,346
TOWNSQUARE RE FUND   182,372 67,904
DAVISON KEMPNER LP   3,191,200 3,124,851
CHILDRENS FUND   3,000,000 9,576,600
STEADFAST   0 28,194
HTV NOTE   7,000,000 7,000,000
COATUE FUND   3,000,000 8,580,362
GQG FUND   6,099,066 7,003,500
GOLUB CAPITAL XI   745,849 1,800,222
JUNTO FUND   3,000,000 4,918,644
LEXINGTON CAPITAL   2,325,278 3,001,178
VARDE INVESTMENT PARTNERS   4,000,000 5,474,896
SHERIDAN SQUARE   3,000,000 3,028,003
ECHO STREET GOODCO SELECT II   0 0
STEPSTONE FUND V   2,606,684 3,216,443
DURABLE CAPITAL FD   2,452,433 3,426,072
LEXINGTON X   1,334,193 1,682,263
GOLUB XIV   2,256,184 2,777,451
ALATUS   2,000,000 2,308,492
GOLUG GEMS 6   926,952 964,393
ALYESKA   3,333,954 3,335,404
REDWOOD   3,284,267 3,280,638
TCI REP IV LP   1,915,058 1,763,867

TY 2024 LandEtcSchedule2
Name:
The Veale Foundation
EIN:
34-6565830
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAPTOPS - 3 6,081 6,081    
OFFICE FURNITURE 3,300 3,300    
CARPETING 2,890 2,890    
MOVING SERVICES 623 623    
DESK, FABRIC 544 544    
MAC MINI 746 746    
CHAIR & SOFA 938 938    
OFFICE FURNITURE 1,514 1,513 1  
COMPUTER&PERIPHERA 2,089 2,089    
COMPUTERS 3,891 3,666 225  
COMPUTERS 4,767 3,942 825  
OFFICE FURNITURE 2,098 1,091 1,007  


TY 2024 OtherDecreasesSchedule
Name:
The Veale Foundation
EIN:
34-6565830
Description Amount
BOOK/TAX 3,190,392


TY 2024 OtherExpensesSchedule
Name:
The Veale Foundation
EIN:
34-6565830
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OHIO ANNUAL FEES 200     200
IT EXPENSE SOFTWARE/HARDWARE 2,065     2,065
POSTAGE 365     365
OFFICE & OTHER SUPPLIES 1,150     1,127
TELEPHONE 329     322
WORKERS COMP INSURANCE 243     228
INSURANCE 5,554     5,554
EVENTS 92,477     92,477
BANK CHARGES 52     51
BAM 2 LP PORTFOLIO 46,205 46,205    
TOWNSQUARE-PORTFOLIO 8,488 8,488    
NEWPORT ASIA FD-PORTFOLIO EXP 13,454 13,454    
DAVIDSON KEMPNER-PORTFOLIO EXP 52,958 52,958    
ECHO STREET 2 2    
DURABLE 27,628 27,628    
GQG FUND PORTFOLIO 50,868 50,868    
LEXINGTON FDS 64,632 64,632    
STEPSTONE FUND V 27,162 27,162    
GEMS FUND 6 20,413 20,413    
DUES & SUBSCRIPTIONS 476     476
REDWOOD 39,987 39,987    
TCI REP IV 8,098 8,098    


TY 2024 OtherIncomeSchedule2
Name:
The Veale Foundation
EIN:
34-6565830
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
gems fund 6 0 0  
NEWPORT ASIA FD LP -1,800 -1,800  
TOWNSQUARE RE ALPHA FD LP -2,401 -2,401  
DAVISON KEMPNER 362,936 362,936  
BAM 0 0  
GQG FUND -4,060 -4,060  
ECHO FUND -3,810 -3,810  
STEPSTONE FUND V -2,530 -2,530  
durable 120 120  
CHILDRENS FUND-SEE FORM 8621 1,116,000 1,116,000  
SEMPER VIC PARTNERS-see form 8621 909,731 909,731  
COATUE SEE FORM 8621 1,301,857 1,301,857  
STEADFAST SEE FORM 8621 253,963 253,963  
GOLUB CAPITAL XI SEE FORM 8621 173,680 173,680  
CANYON CAPITAL SEE FORM 8621 0 0  
JUNTO SEE FROM 8621 483,425 483,425  
LEXINGTON CAPITAL IX 27,112 27,112  
LEXINGTON CAPITAL X 55,765 55,765  
VARDE INVESTMENT PARTNERS SEE FORM 8621 507,168 507,168  
SHERIDAN SQUARE SEE FORM 8621 0 0  
ALATUS INFLECTION FD SEE FORM 8621 218,302 218,302  
GOLUB CAPITAL XIV SEE FORM 8621 272,838 272,838  
ALYESKA 384,360 384,360  
REDWOOD 52,209 52,209  
TCI REP IV 70,397 70,397  


TY 2024 OtherProfessionalFeesSchedule
Name:
The Veale Foundation
EIN:
34-6565830
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISOR FEES 255,500 255,500    
INVESTMENT MGT FEES 265,895 265,895    


TY 2024 TaxesSchedule
Name:
The Veale Foundation
EIN:
34-6565830
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 19,795     18,608
FOREIGN TAXES INVESTMENTS 53,320 53,320