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
JEFFREY CARLTON FOUNDATION 105848-000
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 70
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE19899
A Employer identification number

38-7095011
B Telephone number (see instructions)

(302) 651-1929
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$57,051,894J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,036,268 1,036,261  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,215,830
b Gross sales price for all assets on line 6a 8,509,570
7 Capital gain net income (from Part IV, line 2)... 1,215,830
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
562,911 562,911  
12 Total. Add lines 1 through 11........ 2,815,009 2,815,002  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 331,498     331,498
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
10,024 10,024   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
40,234 16,234   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
575 575    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 382,331 26,833 0 331,498
25 Contributions, gifts, grants paid....... 2,171,970 2,171,970
26 Total expenses and disbursements. Add lines 24 and 25 2,554,301 26,833 0 2,503,468
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 260,708
b Net investment income (if negative, enter -0-) 2,788,169
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............. -44,248    
2 Savings and temporary cash investments......... 1,104,975 1,908,094 1,908,094
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 7,915,457 Click to see attachment
List of Attached Documents:
// Content
8,413,606 		8,245,198
b Investments—corporate stock (attach schedule)....... 19,028,543 Click to see attachment
List of Attached Documents:
// Content
17,760,220 		27,971,537
c Investments—corporate bonds (attach schedule)....... 6,637,513 Click to see attachment
List of Attached Documents:
// Content
6,677,129 		6,565,529
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)..........     0
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
7,204,696 		Click to see attachment
List of Attached Documents:
// Content
6,749,704 		Click to see attachment
List of Attached Documents:
// Content
12,361,536
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 41,846,936 41,508,753 57,051,894
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 41,846,936 41,508,753
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)..... 41,846,936 41,508,753
30 Total liabilities and net assets/fund balances (see instructions). 41,846,936 41,508,753
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
41,846,936
2
Enter amount from Part I, line 27a .....................
2
260,708
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
24,726
4
Add lines 1, 2, and 3 ..........................
4
42,132,370
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
623,617
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
41,508,753
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 . CLASS ACTION LITIGATION     2024-10-01
b 30000. AT&T INC 0.900% 3/25/24     2024-02-27
c 60000. ABBVIE INC 3.600% 5/14/25     2024-05-10
d 1244. ADVANTEST CORP SPONS ADR   2023-07-20 2024-04-23
e 1622. ADYEN NV UNSPONS ADR     2024-03-15
901. ADYEN NV UNSPONS ADR     2024-10-14
25000. AMERICAN EXPRESS COM 3.375% 5/03/24   2022-04-28 2024-04-23
25000. AMGEN INC 5.250% 3/02/25   2023-02-15 2024-12-09
2592. ATLAS COPCO AB SPONSORED ADR SER A   2019-04-30 2024-04-16
47. ATLASSIAN CORPORATION CL A   2021-09-21 2024-07-25
110. ATLASSIAN CORPORATION CL A     2024-08-14
236. BAE SYSTEMS PLC ADR   2023-05-08 2024-07-26
90000. BANK MONT MTN CONV 5.920% 9/25/25   2023-09-18 2024-06-05
60000. BANK OF NY MTN V-D 6.317% 10/25/29   2023-10-18 2024-05-21
25000. BK NOVA SCOTIA CONV 0.650% 7/31/24   2021-07-27 2024-05-13
10000. BOEING CO 3.200% 3/01/29   2019-10-25 2024-03-11
50000. BROADCOM INC 5.050% 7/12/27   2024-07-08 2024-09-26
25000. CIGNA CORP 4.125% 11/15/25   2021-11-12 2024-02-22
40000. CAN IMPERIAL BK CONV 3.300% 4/07/25     2024-07-09
60000. CANADIAN IMP BK CONV 1.000% 10/18/24     2024-06-26
72. CANADIAN PACIFIC KANSAS CITY   2019-04-30 2024-05-23
151. CANADIAN PACIFIC KANSAS CITY   2019-04-30 2024-05-30
78. CANADIAN PACIFIC KANSAS CITY   2019-04-30 2024-07-25
194. CANADIAN PACIFIC KANSAS CITY     2024-10-02
10000. CARRIER GLOBAL 2.493% 2/15/27   2021-12-17 2024-09-19
10000. CITIGROUP INC V-D 1.281% 11/03/25   2021-10-27 2024-11-03
32874.197 CREDIT SUISSE COMDTY RTN STRAT CL I   2023-12-13 2024-01-16
40000. ENBRIDGE INC 5.250% 4/05/27     2024-06-06
140. EPAM SYSTEMS INC     2024-12-10
427. EVOLUTION AB UNSPONS ADR     2024-06-24
522. EXPERIAN GROUP LTD-SPON ADR   2019-04-30 2024-12-23
35000. FNMA 0.625% 4/22/25   2020-04-22 2024-10-04
55000. FHLMC 0.375% 7/21/25   2020-07-21 2024-07-09
15000. FEDEX CORP 2.400% 5/15/31   2021-04-20 2024-01-30
86. FERGUSON PLC   2022-03-14 2024-09-25
30000. GEN MOTORS FIN 1.050% 3/08/24     2024-01-29
50000. GLOBAL PAYMENTS INC 2.650% 2/15/25     2024-06-05
20000. GOLDMAN SACHS V-Q 3.272% 9/29/25     2024-09-29
20000. GOLDMAN SACHS GP 5.86553% 10/21/24   2021-10-18 2024-05-10
20000. GOLDMAN SACHS V-D 1.757% 1/24/25   2022-01-19 2024-01-24
304. ICICI BANK LIMITED SPONSORED ADR   2022-12-12 2024-07-25
339. ICICI BANK LIMITED SPONSORED ADR   2022-12-12 2024-10-10
2743. ISHARES RUSSELL 1000 VALUE ETF   2015-06-11 2024-01-25
1933. ISHARES RUSSELL 2000 ETF   2016-04-15 2024-05-15
1899. ISHARES CORE MSCI EAFE ETF   2022-12-12 2024-02-22
9177. ISHARES GLOBAL REIT ETF   2022-10-10 2024-05-14
10000. JPMORGAN CHASE MTN 3.875% 9/10/24   2023-01-19 2024-01-16
50000. JPMORGAN CHASE MTN 3.875% 9/10/24     2024-01-16
14000. JOHNSON CONTROLS 3.625% 7/02/24   2016-12-23 2024-04-29
40000. KROGER CO 4.700% 8/15/26   2024-08-20 2024-12-18
530. L'OREAL SA UNSPONS ADR   2023-11-17 2024-12-10
335. LVMH MOET HENNESSY - UNSPON ADR   2019-04-30 2024-07-30
65000. WARNERMEDIA HLDGS 6.412% 3/15/26   2023-03-06 2024-03-25
12. MERCADOLIBRE INC   2023-12-13 2024-02-13
5. MERCADOLIBRE INC     2024-06-07
13. MERCADOLIBRE INC   2023-09-14 2024-09-30
20000. MONDELEZ INT INC 2.125% 3/17/24   2022-03-03 2024-02-27
35000. MORGAN STNLY MTN V-Q 2.720% 7/22/25   2023-02-03 2024-07-22
509. NESTLE SA SPONSORED ADR   2019-04-30 2024-02-16
30000. ORACLE CORP 2.500% 4/01/25     2024-09-25
25000. ORACLE CORP 2.300% 3/25/28   2021-03-22 2024-03-20
10000. PNC FINANCIAL 3.900% 4/29/24   2023-01-19 2024-01-18
50000. PNC FINANCIAL 3.900% 4/29/24     2024-01-18
75000. PNC FIN SERV V-D 5.300% 1/21/28   2024-01-17 2024-01-22
30000. PARKER-HANNIFIN 3.650% 6/15/24     2024-05-13
25000. ROYAL BK CANADA MTN 2.250% 11/01/24   2019-10-22 2024-06-05
60000. CHARLES SCHWAB CORP 3.200% 3/02/27   2023-05-17 2024-04-09
40000. CHARLES SCHWAB CORP 3.200% 3/02/27     2024-04-09
25000. SHERWIN WILLIAMS CO 4.050% 8/08/24   2022-08-08 2024-06-05
25000. TEXTRON INC 4.300% 3/01/24   2014-05-07 2024-01-29
301. THOMSON REUTERS CORP   2023-01-04 2024-07-11
25000. TORONTO-DOM MTN CONV 3.250% 3/11/24   2019-03-04 2024-01-08
35000. TOYOTA MTR CRED MTN 4.800% 1/10/25     2024-07-17
50000. U.S. TREASURY NOTES 2.875% 4/30/25   2018-08-07 2024-05-14
50000. U.S. TREASURY NOTES 2.875% 4/30/25     2024-10-08
65000. U.S. TREASURY NOTES 2.875% 4/30/25     2024-12-02
30000. U.S. TREASURY NOTES 2.000% 2/15/25     2024-08-15
25000. U.S. TREASURY NOTES 2.000% 2/15/25     2024-09-06
50000. U.S. TREASURY NOTES 2.000% 8/15/25     2024-12-12
140000. U.S. TREASURY NOTES 2.250% 11/15/25     2024-10-24
20000. U.S. TREASURY NOTES 2.250% 1/31/24     2024-01-31
65000. U.S. TREASURY NOTES 2.000% 4/30/24     2024-02-21
15000. U.S. TREASURY NOTES 1.750% 12/31/24   2023-01-19 2024-01-10
125000. U.S. TREASURY NOTES 1.750% 12/31/24   2020-01-10 2024-01-10
40000. U.S. TREASURY NOTES 0.375% 4/30/25   2020-10-28 2024-10-02
125000. U.S. TREASURY NOTES 0.375% 4/30/25     2024-11-22
75000. U.S. TREASURY NOTES 0.250% 5/31/25     2024-09-09
100000. U.S. TREASURY NOTES 0.250% 5/31/25   2022-09-30 2024-12-02
50000. U.S. TREASURY NOTES 0.750% 11/15/24   2021-11-29 2024-03-12
45000. U.S. TREASURY NOTES 0.750% 11/15/24     2024-09-16
50000. U.S. TREASURY NOTES 1.250% 11/30/26     2024-09-23
45000. U.S. TREASURY NOTES 1.500% 2/15/25   2022-02-17 2024-01-10
60000. U.S. TREASURY NOTES 1.500% 2/15/25     2024-10-02
25000. U.S. TREASURY NOTES 4.250% 9/30/24   2022-10-04 2024-06-06
90000. U.S. TREASURY NOTES 4.250% 9/30/24     2024-09-06
8555.133 VANGUARD COMMODITY STRAT FD CL ADM   2024-01-16 2024-05-14
264. VANGUARD CONSUMER DISCRETIONARY ETF   2015-12-15 2024-01-09
194. VANGUARD ENERGY ETF   2015-12-15 2024-01-09
1535. VANGUARD FINANCIALS ETF   2015-12-15 2024-01-09
185. VANGUARD HEALTH CARE ETF   2015-12-15 2024-01-09
222. VANGUARD INDUSTRIALS ETF   2015-12-15 2024-01-09
377. VANGUARD INFORMATION TECHNOLOGY ETF   2015-12-15 2024-01-09
707. VANGUARD COMMUNICATION SERVICES   2018-09-04 2024-01-09
25000. VENTAS REALTY LP 2.650% 1/15/25   2021-09-21 2024-10-07
60000. VERIZON COMM INC 0.750% 3/22/24     2024-03-11
16000. WEC ENERGY GROUP INC 1.800% 10/15/30   2020-11-12 2024-12-23
17000. WEC ENERGY GROUP INC 5.600% 9/12/26   2023-09-05 2024-12-23
33. WASTE CONNECTIONS INC   2023-07-17 2024-09-30
50000. WELLTOWER INC 3.625% 3/15/24     2024-03-15
15000. ZIMMER BIOMET HOLD 1.450% 11/22/24   2021-11-15 2024-11-22
16335. COMMONFUND CVP IX   2010-10-07 2024-01-12
9248. COMMONFUND CVP IX   2010-10-07 2024-03-15
6972. COMMONFUND CVP IX   2010-10-07 2024-05-28
6773. COMMONFUND CVP IX   2010-10-07 2024-07-15
34860. COMMONFUND CVP IX   2010-10-07 2024-09-23
7968. COMMONFUND CVP IX   2010-10-07 2024-11-15
11952. COMMONFUND CVP IX   2010-10-07 2024-12-30
9853. COMMONFUND CAPITAL VENTURE PARTNERS   2012-09-11 2024-03-11
6987. COMMONFUND CAPITAL VENTURE PARTNERS   2012-09-11 2024-03-29
9039. COMMONFUND CAPITAL VENTURE PARTNERS   2012-09-11 2024-07-05
8958. COMMONFUND CAPITAL VENTURE PARTNERS   2012-09-11 2024-09-20
8958. COMMONFUND CAPITAL VENTURE PARTNERS   2012-09-11 2024-11-12
11645. COMMONFUND CAPITAL VENTURE PARTNERS   2012-09-11 2024-12-20
5967. COMMONFUND CAPITAL INTL PARTNERS VII   2010-12-17 2024-03-28
11203. COMMONFUND CAPITAL INTL PARTNERS VII   2010-12-17 2024-06-06
10536. COMMONFUND CAPITAL INTL PARTNERS VII   2010-12-17 2024-09-23
7220. COMMONFUND CAPITAL INTL PARTNERS VII   2010-12-17 2024-11-19
5776. COMMONFUND CAPITAL PTRS VIII   2011-12-01 2024-03-26
11636. COMMONFUND CAPITAL PTRS VIII   2011-12-01 2024-06-28
6189. COMMONFUND CAPITAL PTRS VIII   2011-12-01 2024-09-19
13203. COMMONFUND CAPITAL PTRS VIII   2011-12-01 2024-10-17
7633. COMMONFUND CAPITAL PTRS VIII   2011-12-01 2024-11-19
20838. KKR SPECIAL SITUATIONS (TE) II L.P.   2016-04-01 2024-03-15
8363. KKR SPECIAL SITUATIONS (TE) II L.P.   2016-04-01 2024-06-21
8123. KKR SPECIAL SITUATIONS (TE) II L.P.   2016-04-01 2024-11-26
69696. KKR LENDING PARTNERS EUR (TE) FEEDER   2016-04-18 2024-03-07
76773. KKR LENDING PARTNERS EUR (TE) FEEDER   2016-04-18 2024-12-24
470085. BLACKROCK PRIVATE OPP FUND III T.E.   2016-04-26 2024-10-16
97164.67 LLR EQUITY PARTNERS INTL V, L.P.   2018-06-08 2024-02-28
131458.08 LLR EQUITY PARTNERS INTL V, L.P.   2018-06-08 2024-03-06
73313. ONE ROCK CAPITAL PARTNERS III   2021-06-21 2024-03-11
275720. ONE ROCK CAPITAL PARTNERS III   2021-06-21 2024-11-05
79330. ONE ROCK CAPITAL PARTNERS III   2021-06-21 2024-11-26
44744.1 MONARCH CAPITAL PARTNERS OS V LP   2022-09-29 2024-03-27
119008.25 MONARCH CAPITAL PARTNERS OS V LP     2024-06-26
59458.96 MONARCH CAPITAL PARTNERS OS V LP   2023-05-01 2024-07-30
44594.22 MONARCH CAPITAL PARTNERS OS V LP   2023-05-01 2024-08-15
44367.57 MONARCH CAPITAL PARTNERS OS V LP     2024-11-27
44541.08 MONARCH CAPITAL PARTNERS OS V LP     2024-12-13
28750. LLR EQUITY PARTNERS INT'L VI LP   2020-12-16 2024-09-24
77500. LLR EQUITY PARTNERS INT'L VI LP   2020-12-16 2024-11-04
49. AON PLC     2024-05-30
34. AON PLC   2020-08-03 2024-10-07
26. AON PLC   2020-08-03 2024-12-04
47. ACCENTURE PLC- CL A   2019-04-30 2024-04-09
66. ACCENTURE PLC- CL A   2023-09-27 2024-05-03
70. ACCENTURE PLC- CL A   2019-04-30 2024-05-03
31. FERGUSON PLC   2022-03-14 2024-07-25
837. NU HLDGS LTD CL A   2024-03-11 2024-10-09
32. ASM INTERNATIONAL NV SPONS ADR   2022-04-18 2024-11-06
32. ASML HOLDING N.V. ADR   2019-03-29 2024-04-09
46. FERRARI NV     2024-10-08
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2     2
b 29,902   29,545 357
c 58,942   60,070 -1,128
d 42,680   46,659 -3,979
e 25,607   32,942 -7,335
13,490   14,479 -989
24,987   24,998 -11
25,013   24,984 29
43,361   20,273 23,088
8,455   19,375 -10,920
15,787   33,325 -17,538
15,361   12,091 3,270
90,603   90,000 603
62,693   60,000 2,693
24,733   24,978 -245
9,100   10,231 -1,131
51,112   49,992 1,120
24,626   26,002 -1,376
39,364   39,683 -319
59,164   59,386 -222
5,696   3,217 2,479
11,637   6,746 4,891
6,368   3,485 2,883
16,228   14,997 1,231
9,670   10,124 -454
10,000   10,000  
721,260   716,000 5,260
40,036   40,006 30
34,564   60,126 -25,562
44,312   73,007 -28,695
22,441   15,173 7,268
34,290   34,928 -638
52,457   54,726 -2,269
12,735   14,951 -2,216
17,281   13,150 4,131
29,850   29,553 297
48,947   49,517 -570
20,000   20,000  
20,012   20,000 12
20,000   20,000  
8,652   6,917 1,735
9,920   7,713 2,207
453,068   289,870 163,198
403,698   217,567 186,131
136,257   119,156 17,101
212,539   189,331 23,208
9,891   9,885 6
49,453   50,265 -812
13,947   14,000 -53
40,400   39,998 402
38,405   48,824 -10,419
46,998   26,362 20,636
65,000   65,000  
20,237   19,331 906
8,035   7,425 610
26,485   18,216 8,269
19,965   19,952 13
35,000   33,809 1,191
56,186   49,005 7,181
29,663   30,003 -340
22,480   24,936 -2,456
9,950   9,943 7
49,749   49,978 -229
75,308   75,000 308
29,933   29,832 101
24,656   24,974 -318
56,905   55,716 1,189
37,937   39,690 -1,753
24,919   24,990 -71
24,965   25,008 -43
50,054   36,688 13,366
24,900   24,968 -68
34,915   34,999 -84
48,945   49,908 -963
49,570   49,905 -335
64,594   64,539 55
29,569   30,177 -608
24,702   24,335 367
49,244   49,756 -512
137,101   139,282 -2,181
20,000   19,643 357
64,596   64,279 317
14,567   14,543 24
121,391   124,959 -3,568
39,119   40,018 -899
122,837   114,598 8,239
72,785   73,681 -896
97,992   90,145 7,847
48,541   49,914 -1,373
44,699   44,048 651
47,617   49,539 -1,922
43,439   44,698 -1,259
59,346   58,934 412
24,910   25,009 -99
89,947   89,995 -48
225,000   208,574 16,426
78,544   32,645 45,899
22,327   16,661 5,666
141,330   74,986 66,344
47,659   24,437 23,222
47,722   22,305 25,417
179,176   41,447 137,729
83,551   60,873 22,678
24,823   25,069 -246
59,920   59,115 805
13,534   15,951 -2,417
17,273   16,997 276
5,845   4,685 1,160
50,000   49,702 298
15,000   15,000  
16,335   16,335  
9,248   9,248  
6,972   6,972  
6,773   6,773  
34,860   34,860  
7,968   7,968  
11,952   11,952  
9,853   9,853  
6,987   6,987  
9,039   9,039  
8,958   8,958  
8,958   8,958  
11,645   11,645  
5,967   5,967  
11,203   11,203  
10,536   10,536  
7,220   7,220  
5,776   5,776  
11,636   11,636  
6,189   6,189  
13,203   13,203  
7,633   7,633  
20,838   20,838  
8,363   8,363  
8,123   8,123  
69,696   69,696  
76,773   76,773  
470,085   47,024 423,061
97,165   97,165  
131,458   131,458  
73,313   73,313  
275,720   275,720  
79,330   79,330  
44,744   44,744  
119,008   119,008  
59,459   59,459  
44,594   44,594  
44,368   44,368  
44,541   44,541  
28,750   28,750  
77,500   77,500  
13,608   14,938 -1,330
11,684   6,951 4,733
9,963   5,316 4,647
15,678   8,540 7,138
19,956   20,647 -691
21,165   12,718 8,447
6,634   4,740 1,894
11,150   9,572 1,578
17,097   10,317 6,780
31,876   5,965 25,911
21,059   7,397 13,662
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
      6,510
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       2
b       357
c       -1,128
d       -3,979
e       -7,335
      -989
      -11
      29
      23,088
      -10,920
      -17,538
      3,270
      603
      2,693
      -245
      -1,131
      1,120
      -1,376
      -319
      -222
      2,479
      4,891
      2,883
      1,231
      -454
       
      5,260
      30
      -25,562
      -28,695
      7,268
      -638
      -2,269
      -2,216
      4,131
      297
      -570
       
      12
       
      1,735
      2,207
      163,198
      186,131
      17,101
      23,208
      6
      -812
      -53
      402
      -10,419
      20,636
       
      906
      610
      8,269
      13
      1,191
      7,181
      -340
      -2,456
      7
      -229
      308
      101
      -318
      1,189
      -1,753
      -71
      -43
      13,366
      -68
      -84
      -963
      -335
      55
      -608
      367
      -512
      -2,181
      357
      317
      24
      -3,568
      -899
      8,239
      -896
      7,847
      -1,373
      651
      -1,922
      -1,259
      412
      -99
      -48
      16,426
      45,899
      5,666
      66,344
      23,222
      25,417
      137,729
      22,678
      -246
      805
      -2,417
      276
      1,160
      298
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
      423,061
       
       
       
       
       
       
       
       
       
       
       
       
       
      -1,330
      4,733
      4,647
      7,138
      -691
      8,447
      1,894
      1,578
      6,780
      25,911
      13,662
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 1,215,830
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 38,756
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 38,756
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 38,756
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 29,951
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 6,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 35,951
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 2,805
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
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 arrowDE
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 arrowN/A
14
The books are in care ofright arrowWILMINGTON TRUST COMPANY Telephone no.right arrow (302) 651-1929

Located atright arrowPO BOX 70WILMINGTONDE ZIP+4right arrow19899
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
WILMINGTON TRUST COMPANY TRUSTEE
2 		331,498    
PO BOX 70
WILMINGTON,DE19899
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
54,791,200
b
Average of monthly cash balances.......................
1b
1,160,567
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
55,951,767
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
55,951,767
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
839,277
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
55,112,490
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,755,625
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
2,755,625
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
38,756
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
38,756
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,716,869
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,716,869
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
2,716,869
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
2,503,468
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
2,503,468
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 2,716,869
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
b From 2020...... 179,443
c From 2021...... 0
d From 2022...... 428,252
e From 2023...... 273,838
f Total of lines 3a through e ........ 881,533
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,503,468
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 2,503,468
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 213,401 213,401
(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 5 668,132
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		668,132
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 394,294
d Excess from 2023.... 273,838
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).)
NA
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.
NA
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

ORANGE COUNTY BAR FOUNDATION
DBA PROJECT YOUTH OC
PO BOX 11523
SANTA ANA,CA92711 		NONE PC GENERAL OPERATIONS FUND 723,990

UNIVERSITY OF SOUTHERN CALIFORNIA
ATTN DIR TRUST ADMINISTRATION
1150 S OLIVE ST SUITE 2000
LOS ANGELES,CA90015 		NONE PC GENERAL OPERATIONS FUND 723,990

PRINCIPLES INC (DBA IMPACT DRUG &
ALCOHOL TREATMENT CENTER)
PO BOX 93607 1680 N FAIR OAKS
PASADENA,CA91103 		NONE PC GENERAL OPERATIONS FUND 723,990
Total .................................right arrow 3a 2,171,970
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 1,036,268  
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 1,215,830  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    14 562,911  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   2,815,009  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,815,009
(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 InvestmentsCorpBondsSchedule
Name:
JEFFREY CARLTON FOUNDATION 105848-000
EIN:
38-7095011
Name of Bond End of Year Book Value End of Year Fair Market Value
00206RMJ8 AT&T INC    
00287YAQ2 ABBVIE INC    
023135BR6 AMAZON.COM INC 14,995 13,906
023135BZ8 AMAZON.COM INC 117,114 102,491
023608AL6 AMEREN CORP 19,999 18,799
025537AR2 AMER ELEC PWR 34,919 33,922
025816CF4 AMERICAN EXPRESS CO 9,973 9,796
025816CQ0 AMERICAN EXPRESS CO 29,490 29,908
025816CV9 AMERICAN EXPRESS COM    
02665WDZ1 AMERICAN HONDA MTN 78,799 80,345
031162CU2 AMGEN INC 29,593 26,526
031162DM9 AMGEN INC    
031162DR8 AMGEN INC 49,810 49,631
046353AV0 ASTRAZENECA PLC 19,919 19,084
06051GJD2 BANK OF AMER MTN V-D 59,210 59,020
06051GJF7 BANK OF AMER MTN V-Q 57,027 50,479
06051GKJ7 BK OF AMER CORP V-D 20,000 19,069
06368LWT9 BANK MONT MTN CONV    
06406RBT3 BANK OF NY MTN V-D    
06417XAD3 BK NOVA SCO MTN CONV 65,523 66,158
06428CAC8 BANK OF AMERICA 60,000 60,326
07330MAB3 BRANCH BKG & TR 293,497 297,627
075887CL1 BECTON DICKINSON 114,947 99,970
075887CQ0 BECTON DICKINSON 49,991 49,754
097023CD5 BOEING CO    
125523AG5 CIGNA CORP    
125523CM0 CIGNA CORP 58,632 50,807
126117AW0 CNA FINANCIAL CORP 29,095 25,761
126650DM9 CVS HEALTH CORP 116,334 108,732
13607GLZ5 CANADIAN IMPERIAL BK 34,997 34,934
13607HR46 CAN IMPERIAL BK CONV    
13607HR53 CAN IMPERIAL BK CONV 118,097 107,671
13607HYF3 CANADIAN IMP BK CONV    
14040HCA1 CAPITAL ONE FINL CO    
14448CAP9 CARRIER GLOBAL    
172967KU4 CITIGROUP INC 32,195 29,167
172967ND9 CITIGROUP INC V-D    
17327CAN3 CITIGROUP INC V-D 25,000 24,945
20268JAB9 COMMONSPIRIT HEALTH 20,000 18,628
205887CF7 CONAGRA BRANDS 19,812 18,157
22822VBA8 CROWN CASTLE INC 19,982 19,982
23291KAH8 DH EUROPE FINANCE II 40,564 36,177
233331BC0 DTE ENERGY CO 79,417 79,510
24422EWJ4 JOHN DEERE CAPITAL 19,990 19,933
24524282 AMERICAN BEACON SIM H    
25389JAU0 DIGITAL REALTY 14,973 14,185
26441CBL8 DUKE ENERGY COR 82,758 72,572
26442UAL8 DUKE ENERGY PROGRESS 29,949 24,826
31428XCD6 FEDEX CORP    
316773DA5 FIFTH THIRD BANCORP 61,109 61,721
341081GP6 FLORIDA POWER & 29,961 29,723
361448AY9 GATX CORP 59,249 58,402
37045XCV6 GEN MOTORS FIN 19,987 19,928
37045XDG8 GEN MOTORS FIN    
375558BF9 GILEAD SCIENCES INC 60,973 59,281
37940XAA0 GLOBAL PAYMENTS INC    
38141GWQ3 GOLDMAN SACHS V-Q    
38141GYL2 GOLDMAN SACHS GP 5    
38141GZH0 GOLDMAN SACHS V-D    
40414LAQ2 HCP INC 24,987 24,436
42225UAJ3 HEALTHCARE TRUST 24,997 24,876
42225UAK0 HEALTHCARE TRUST 49,710 47,491
437076CS9 HOME DEPOT INC 65,276 63,252
46625HJY7 JPMORGAN CHASE MTN    
46647PBH8 JPMORGAN CHASE V-Q 25,048 24,856
478375AG3 JOHNSON CONTROLS    
49326EEL3 KEYCORP MTN V-D 5 25,000 25,022
502431AF6 L3HARRIS TECH INC 9,973 9,048
548661DR5 LOWE'S COS INC 25,841 23,806
55903VBG7 WARNERMEDIA HLDGS    
579780AQ0 MCCORMICK & CO 15,029 13,252
579780AR8 MCCORMICK & CO INC 24,934 23,946
592905749 METWEST UNCONSTRAINE 254,733 221,700
609207AZ8 MONDELEZ INT INC    
6174468J1 MORGAN STNLY MTN V-Q    
6174468V4 MORGAN STANLEY V-Q 116,895 115,721
6415960 BK NOVA SCOTIA CONV 0    
665859AU8 NORTHERN TRUST CORP 28,554 28,089
665859AV6 NORTHERN TRUST CORP 53,221 51,807
68389XBT1 ORACLE CORP    
68389XCD5 ORACLE CORP    
693475AP0 PNC FINANCIAL    
693475AW5 PNC FINANCIAL SVCS 4,992 4,731
693475BQ7 PNC FINANCIAL V-D 50,000 50,209
701094AQ7 PARKER-HANNIFIN    
723787AQ0 PIONEER NAT RESOURCE 9,921 8,520
74340XBS9 PROLOGIS LP 24,852 20,413
744573AU0 PUBLIC SERVICE ENTER 34,180 29,520
776743AD8 ROPER TECHNOLOGIES 10,016 9,844
776743AJ5 ROPER TECH INC 19,800 17,048
78015K7C2 ROYAL BK CANADA MTN    
78016EZT7 ROYAL BK CANADA MTN 117,894 113,978
79466LAJ3 SALESFORCE.COM INC 19,942 16,786
808513AQ8 CHARLES SCHWAB CORP    
808513CG8 SCHWAB CHARLES CORP 19,983 20,341
822582BD3 SHELL INTERNATIONAL 34,227 34,847
824348BQ8 SHERWIN WILLIAMS CO    
828807DM6 SIMON PROP GP INC 24,915 21,264
842587DH7 SOUTHERN CO 117,405 108,856
857477CB7 STATE STREET CRP V-D 54,653 55,085
883203BU4 TEXTRON INC    
883203CB5 TEXTRON INC 26,000 22,478
89114QCB2 TORONTO-DOM MTN CONV    
89114TZD7 TORONTO DOM BANK MTN 58,976 57,136
89236TKN4 TOYOTA MTR CRED MTN    
906548CP5 UNION ELECTRIC CO 4,996 4,747
907818FX1 UNION PACIFIC CORP 19,919 17,346
91159HHW3 US BANCORP MTN 69,810 68,726
91159HJC5 US BANCORP MTN V-D 107,771 113,776
92277GAM9 VENTAS REALTY LP 89,853 87,577
92277GAT4 VENTAS REALTY LP    
92343VGF5 VERIZON COMM INC    
92343VGH1 VERIZON COMM INC 30,026 27,587
92939UAE6 WEC ENERGY GROUP INC 8,972 7,522
92939UAM8 WEC ENERGY GROUP INC 12,998 13,168
95000U2K8 WELLS FARGO MTN V-Q 20,000 19,939
95000U2V4 WELLS FARGO MTN V-D 20,000 19,399
95000U3E1 WELLS FARGO CO V-D 45,000 45,689
95040QAG9 WELLTOWER INC    
969457CH1 WILLIAMS COS INC 50,040 50,337
98956PAU6 ZIMMER BIOMET HOLD    
0641596E1 BK NOVA SCOTIA CONV    
024524282 AMERICAN BEACON SIM 1,393,483 1,466,516
46647PEA0 JPMORGAN CHASE V-D 75,000 75,278
693475BY0 PNC FINANCIAL V-D 25,000 25,121
98389BAW0 XCEL ENERGY INC 40,844 40,193
025816DT3 AMERICAN EXPRESS 59,999 60,643
89788MAR3 TRUIST FIN MTN V-D 75,000 75,662
09290DAB7 BLACKROCK FUNDING 49,922 49,377
87264ABW4 T MOBILE USA INC 65,947 63,460
30161NBN0 EXELON CORP 49,936 49,884
88339WAB2 WILLIAMS COS INC 99,839 99,260
200340AW7 COMERICA INC V-D 51,116 50,561
91324PFF4 UNITEDHEALTH GRP INC 29,950 30,075
06418GAN7 BK NOVA MTN CONV V-D 100,055 96,748
03027XCL2 AMERICAN TOWER CORP 24,906 24,856
68389XCS2 ORACLE CORP 44,956 43,469
42824CBR9 HEWLETT PACKARD ENTE 29,999 29,848
110122EF1 BRISTOL-MYERS 69,853 70,340
49326EEG4 KEYCORP MTN 48,281 48,380
857477CL5 STATE STR CORP 35,000 35,291
446150BE3 HUNTINGTON BANC V-D 50,210 50,040
00206RML3 AT&T INC 60,873 62,661
13607L8C0 CANADIAN IMP BK CONV 95,103 96,017
502431AS8 L3HARRIS TECH INC 29,933 29,993
14040HCH6 CAPITAL ONE FINL V-D 72,928 75,594
29273VAZ3 ENERGY TRANSFER LP 49,777 50,238

TY 2024 InvestmentsCorpStockSchedule
Name:
JEFFREY CARLTON FOUNDATION 105848-000
EIN:
38-7095011
Name of Stock End of Year Book Value End of Year Fair Market Value
00762U200 ADVANTEST CORP SPONS    
00783V104 ADYEN NV UNSPONS ADR 40,616 51,031
05523R107 BAE SYSTEMS PLC ADR 44,395 48,929
09250J734 BLACKROCK EVENT DRIV 1,290,985 1,324,177
136385101 CANADIAN NATURAL RES 39,276 36,303
13646K108 CANADIAN PACIFIC KAN 36,681 59,416
20449X401 COMPASS GROUP PLC SP 40,757 48,538
22544R305 CREDIT SUISSE COMDTY    
29414B104 EPAM SYSTEMS INC    
3.0050999999 EVOLUTION AB UNSP    
30215C101 EXPERIAN GROUP LTD-S 21,336 31,364
367829777 GATEWAY FUND CLASS N 1,840,000 2,472,323
45104G104 ICICI BANK LIMITED S 35,540 48,164
46353108 ASTRAZENECA GROUP PLC    
464287598 ISHARES RUSSELL 1000 1,140,564 1,998,108
464287622 ISHARES RUSSELL 1000 1,004,545 2,803,436
464287655 ISHARES RUSSELL 2000 1,191,194 1,743,374
464288877 ISHARES MSCI EAFE VA 1,844,666 1,977,122
46432F339 ISHARES MSCI USA QUA 994,792 1,548,228
46432F388 ISHARES MSCI USA VAL 608,783 852,061
46432F842 ISHARES CORE MSCI EA 560,955 626,546
46434G103 ISHARES CORE MSCI EM 1,441,121 1,809,319
46434V647 ISHARES GLOBAL REIT 493,700 573,602
49255706 ATLAS COPCO AB SPONSO    
49468101 ATLASSIAN CORPORATION    
502117203 L'OREAL SA UNSPONS A    
502441306 LVMH MOET HENNESSY -    
58733R102 MERCADOLIBRE INC 31,673 39,110
641069406 NESTLE SA SPONSORED    
670100205 NOVO-NORDISK A/S SPO 55,302 87,740
786584102 SAFRAN SA UNSPONSORE 57,880 72,049
80687P106 SCHNEIDER ELECTRIC S 31,924 52,668
81369Y860 REAL ESTATE SELECT S 158,099 190,498
884903808 THOMSON REUTERS CORP    
92204A108 VANGUARD CONSUMER DI 286,260 869,005
92204A207 VANGUARD CONSUMER ST 312,753 449,605
92204A306 VANGUARD ENERGY ETF 186,689 265,548
92204A405 VANGUARD FINANCIALS 509,400 1,043,739
92204A504 VANGUARD HEALTH CARE 452,516 850,369
92204A603 VANGUARD INDUSTRIALS 326,076 721,706
92204A702 VANGUARD INFORMATION 397,646 2,249,051
92204A801 VANGUARD MATERIALS E 85,708 170,183
92204A876 VANGUARD UTILITIES E 134,240 180,743
92204A884 VANGUARD COMMUNICATI 375,996 680,274
94106B101 WASTE CONNECTIONS IN 37,312 47,699
G0403H108 AON PLC 22,081 38,789
G0450A105 ARCH CAPITAL GROUP L 46,258 61,228
G1151C101 ACCENTURE PLC- CL A    
G3421J106 FERGUSON PLC    
G4705A100 ICON PLC 61,756 66,268
G54950103 LINDE PLC 41,926 52,334
G8473T100 STERIS PLC 29,736 46,868
H42097107 UBS GROUP AG 45,068 44,267
N07045102 ASM INTERNATIONAL NV 17,410 30,734
N07059210 ASML HOLDING N.V. AD 13,793 51,288
N3167Y103 FERRARI NV 26,162 73,922
049468101 ATLASSIAN CORPORATIO 32,464 49,893
046353108 ASTRAZENECA GROUP PL 75,398 71,744
30051E104 EVOLUTION AB UNSPONS    
049255706 ATLAS COPCO AB SPONS    
82621A104 SIEMENS ENERGY AG UN 42,235 48,587
22266T109 COUPANG LLC 51,376 50,906
58533E103 MEITUAN UNSPONS ADR 71,156 58,021
921939708 VANGUARD COMMODITY S 512,426 534,495
G6683N103 NU HLDGS LTD CL A 40,794 36,954
775781206 ROLLS-ROYCE HOLDINGS 69,495 68,077
31488V107 FERGUSON PLC 31,504 37,318
606793404 MITSUBISHI HEAVY IND 48,275 58,310
88579N105 3I GROUP PLC UNSPONS 59,878 65,382
81141R100 SEA LTD SPONS ADR 54,290 84,668
874039100 TAIWAN SEMICONDUCTOR 76,713 109,014
L8681T102 SPOTIFY TECHNOLOGY S 52,313 80,081
803054204 SAP SE SPONS ADR 85,062 84,450
M7S64H106 MONDAY.COM LTD 43,271 45,911

TY 2024 InvestmentsGovtObligationsSch
Name:
JEFFREY CARLTON FOUNDATION 105848-000
EIN:
38-7095011
US Government Securities - End of Year Book Value:

8,413,606
US Government Securities - End of Year Fair Market Value:

8,245,198
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 OtherAssetsSchedule
Name:
JEFFREY CARLTON FOUNDATION 105848-000
EIN:
38-7095011
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
99A724170 COMMONFUND CVP IX 218,956 97,187 512,548
99G792HD1 COMMONFUND CAPITAL V 271,532 183,636 843,605
99J791FM2 COMMONFUND CAPITAL I 141,984 112,188 143,586
99U791920 COMMONFUND CAPITAL P   44,793 215,573
99Y800EV5 KKR SPECIAL SITUATIO 361,911 324,587 270,709
99Y800EX1 KKR LENDING PARTNERS 419,026 272,557 196,633
99Y801FD2 BLACKROCK PRIVATE OP 214,892 0 539,403
99Y809KC1 LLR EQUITY PARTNERS 1,034,463 931,129 2,181,294
99Y810MO1 CERBERUS GLOBAL NPL 642,120 642,120 1,161,571
99Y815KH7 ONE ROCK CAPITAL PAR 1,181,690 782,989 1,961,969
99Y815MS1 MONARCH CAPITAL PART 1,206,485 849,771 1,408,137
99Y817DA6 LLR EQUITY PARTNERS 564,778 429,807 655,703
99Y822IW3 TCG 3.0-B LP 687,232 718,088 684,228
99Y824XI3 FORESITE CAPITAL FUN 259,627 648,776 763,812
99Y827DE7 MONARCH CAPITAL PTRS   712,076 822,765


TY 2024 OtherDecreasesSchedule
Name:
JEFFREY CARLTON FOUNDATION 105848-000
EIN:
38-7095011
Description Amount
2024 TRANSACTION POSTED IN 2025 16,214
ADJUSTMENT TO INCOME 93
PARTNERSHIP K-1 INCOME ADJUSTMENT 562,911
BASIS ADJUSTMENT 142
PARTNERSHIP COST BASIS ADJUSTMENT 44,257


TY 2024 OtherExpensesSchedule
Name:
JEFFREY CARLTON FOUNDATION 105848-000
EIN:
38-7095011
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE 575 575   0


TY 2024 OtherIncomeSchedule2
Name:
JEFFREY CARLTON FOUNDATION 105848-000
EIN:
38-7095011
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 562,911 562,911  


TY 2024 OtherIncreasesSchedule
Name:
JEFFREY CARLTON FOUNDATION 105848-000
EIN:
38-7095011
Description Amount
2023 TRANSACTION POSTED IN 2024 14,778
PARTNERSHIP K1 COST BASIS ADJUSTMENT 3,339
PRIOR YEAR RETURN OF CAPITAL COST ADJ 6,609


TY 2024 OtherProfessionalFeesSchedule
Name:
JEFFREY CARLTON FOUNDATION 105848-000
EIN:
38-7095011
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED 10,024 10,024    


TY 2024 TaxesSchedule
Name:
JEFFREY CARLTON FOUNDATION 105848-000
EIN:
38-7095011
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 3,026 3,026   0
FEDERAL ESTIMATES - PRINCIPAL 24,000 0   0
FOREIGN TAXES ON QUALIFIED FOR 10,194 10,194   0
FOREIGN TAXES ON NONQUALIFIED 3,014 3,014   0