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
THEODORE R AND VIVIAN M
JOHNSON SCHOLARSHIP FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)ONE N CLEMATIS STREET 307
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WEST PALM BEACH, FL33401
A Employer identification number

31-1613890
B Telephone number (see instructions)

(561) 659-2005
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$268,990,731J 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 840 840  
4 Dividends and interest from securities... 4,633,211 4,633,211  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 10,440,336
b Gross sales price for all assets on line 6a 13,562,413
7 Capital gain net income (from Part IV, line 2)... 10,440,336
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
3,608,360 18,318,041  
12 Total. Add lines 1 through 11........ 18,682,747 33,392,428  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,038,980 140,457   898,523
14 Other employee salaries and wages...... 325,216 93,374   231,842
15 Pension plans, employee benefits....... 268,140 53,627   214,513
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
41,222 0   41,222
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
87,135 4,357   82,777
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
615,682 368,376   247,306
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
387,802 387,802   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 115,015 0   115,015
21 Travel, conferences, and meetings....... 378,645 94,662   283,983
22 Printing and publications.......... 9,790 0   9,790
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,755,236 3,644,972   110,264
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,022,863 4,787,627   2,235,235
25 Contributions, gifts, grants paid....... 9,607,955 9,607,955
26 Total expenses and disbursements. Add lines 24 and 25 16,630,818 4,787,627   11,843,190
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,051,929
b Net investment income (if negative, enter -0-) 28,604,801
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 6,801,622 3,220,570 3,220,570
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 193,932,019 Click to see attachment
List of Attached Documents:
// Content
199,565,000 		265,755,061
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)..........      
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
15,100 		Click to see attachment
List of Attached Documents:
// Content
15,100 		Click to see attachment
List of Attached Documents:
// Content
15,100
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 200,748,741 202,800,670 268,990,731
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 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............ 200,748,741 202,800,670
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........    
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)..... 200,748,741 202,800,670
30 Total liabilities and net assets/fund balances (see instructions). 200,748,741 202,800,670
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
200,748,741
2
Enter amount from Part I, line 27a .....................
2
2,051,929
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
202,800,670
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
202,800,670
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 S/T CAPITAL GAINS FROM PASS-THRU K-1S P   2024-12-31
b L/T CAPITAL GAINS FROM PASS-THRU K-1S P   2024-12-31
c SECTION 1231 FROM PASS-THRU K-1S P   2024-12-31
d VANGUARD STOCK INDEX FUND P   2024-05-22
e VANGUARD STOCK INDEX FUND P   2024-12-06
(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 1,076,897     1,076,897
b 6,973,965     6,973,965
c 11,551     11,551
d 2,000,000   1,232,059 767,941
e 3,500,000   1,890,018 1,609,982
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       1,076,897
b       6,973,965
c       11,551
d       767,941
e       1,609,982
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 10,440,336
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) 1 397,607
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........................... 3 397,607
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- ..... 5 397,607
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 265,727
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 300,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 565,727
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 4,521
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 10 163,599
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow163,599 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowFL, IL, MN, NC, NY, UT, VA, WV
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 arrowWWW.JSF.BZ
14
The books are in care ofright arrowMR THOMAS A PENCE JR Telephone no.right arrow (561) 659-2005

Located atright arrowONE N CLEMATIS STREET SUITE 307WEST PALM BEACHFL ZIP+4right arrow33401
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
ROBERT KRAUSE CEO/DIRECTOR
40.00 		375,122 41,400 0
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
THOMAS A PENCE JR CFO
40.00 		182,000 21,840 0
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
R MALCOLM MACLEOD BOARD CHAIR/DIRECTOR
40.00 		182,036 182,776 0
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
SHERRY SALWAY BLACK BOARD VICE CHAIR/DIRECTOR
4.00 		55,078 0 0
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
BEA AWONIYI TREASURER/DIRECTOR
2.00 		20,000 0 0
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
DAVID BLAIKIE CONSULTANT/DIRECTOR
4.00 		55,078 0 0
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
MIKE J MILLER DIRECTOR
2.00 		20,000 0 0
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
BILL J CORWIN DIRECTOR
2.00 		20,000 0 0
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
ANGELIQUE ALBERT DIRECTOR
2.00 		20,000 0 0
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
RICHARD KRAUSE DIRECTOR
2.00 		49,629 0 0
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
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
SHARON WOOD PROGRAM OFFICER & OF
40.00 		125,682 15,082 0
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
LADY HEREFORD PROGRAM SPECIALIST
40.00 		117,937 9,098 0
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
LISA LOOMIS EXECUTIVE COORDINATO
40.00 		81,597 9,792 0
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
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
DIAMETER OFFSHORE FUND LP INVESTMENT ADVISORY 436,058
24 W 40TH STREET 5TH FLOOR
NEW YORK,NY10018
PRIME BUCHHOLZ LLC INVESTMENT ADVISORY 316,369
273 CORPORATE DRIVE SUITE 250
PORTSMOUTH,NH03801
ADAGE CAPITAL PARTNERS INVESTMENT ADVISORY 313,947
200 CLARENDON ST 52ND FLOOR
BOSTON,MA02116
JUNTO OFFSHORE FUND LTD INVESTMENT ADVISORY 268,471
450 PARK AVENUE 25TH FLOOR
NEW YORK,NY10022
DAVIDSON KEMPNER INSITITIONAL PARTNERS LP INVESTMENT ADVISORY 211,086
520 MADISON AVENUE 30TH FLOOR
NEW YORK,NY10022
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 arrow0
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
261,004,117
b
Average of monthly cash balances.......................
1b
4,464,369
c
Fair market value of all other assets (see instructions)................
1c
15,100
d
Total (add lines 1a, b, and c).........................
1d
265,483,586
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
265,483,586
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,982,254
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
261,501,332
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
13,075,067
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
13,075,067
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
397,607
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
12,835
c
Add lines 2a and 2b............................
2c
410,442
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
12,664,625
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
12,664,625
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
12,664,625
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
11,843,190
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
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
11,843,190
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 12,664,625
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 11,670,226
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 11,843,190
a Applied to 2023, but not more than line 2a 11,670,226
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..... 172,964
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		12,491,661
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MS SHARON WOOD
ONE N CLEMATIS STREET SUITE 307
WEST PALM BEACH,FL33401
(561) 659-2005
WOOD@JSF.BZ
bThe form in which applications should be submitted and information and materials they should include:
TYPEWRITTEN LETTERS DETAILING THE EDUCATIONAL PURPOSE THE FUNDS WILL BE USED IN, THE ULTIMATE BENEFICIARIES OF THE FUNDS, ETC.
cAny submission deadlines:
VARIES BY GRANTEE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
FUNDS WILL BE PROVIDED TO INSTITUTIONS FOR EDUCATIONAL-RELATED PURPOSES.
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

A G BELL FOUNDATION

3417 VOLTA PLACE NW
WASHINGTON,DC20007 		NONE   EDUCATIONAL GRANT 100,000

AANIIIH NAKODA COLLEGE

PO BOX 159
HARLEM,MT59526 		NONE   EDUCATIONAL GRANT 33,600

ALASKA PACIFIC UNIVERSITY

4101 UNIVERSITY DRIVE
ANCHORAGE,AK99508 		NONE   EDUCATIONAL GRANT 50,000

AMERICAN INDIAN COLLEGE FUND

8333 GREENWOOD BLVD 120
DENVER,CO80221 		NONE   EDUCATIONAL GRANT 1,000

AMERICAN INDIGENOUS BUSINESS LEADERS

GALLAGHER BUSINESS BUILDING SUITE
250
MISSOULA,MT59801 		NONE   EDUCATIONAL GRANT 3,000

BENDER LEADERSHIP ACADEMY

1005 BEAVER GRADE ROAD SUITE 220
MOON TOWNSHIP,PA15108 		NONE   EDUCATIONAL GRANT 75,000

BOYS HOPE GIRLS HOPE

5257 SHAW AVENUE
ST LOUIS,MO63110 		NONE   EDUCATIONAL GRANT 85,000

BRIDGES FROM SCHOOL TO WORK

10400 FERNWOOD ROAD
BETHESDA,MD20817 		NONE   EDUCATIONAL GRANT 250,000

CAPE BRETON UNIVERSITY

1250 GRAND LAKE ROAD
SYDNEY,NOVA SCOTIA  
CA 		NONE   EDUCATIONAL GRANT 71,107

CENTER FOR EFFECTIVE PHILANTHROPHY

675 MASSACHUSETTS AVE
CAMBRIDGE,MA02139 		NONE   EDUCATIONAL GRANT 10,000

CLARKE SCHOOLS FOR HEARING AND SPEECH

45 ROUND HILL ROAD
NORTHAMPTON,MA01060 		NONE   EDUCATIONAL GRANT 103,000

COLLEGE FOR KIDS INC

1896 PALM BEACH LAKES BLVD SUITE
103
WEST PALM BEACH,FL33409 		NONE   EDUCATIONAL GRANT 240,000

COMMUNITY FOUNDATION OF WESTERN MASSACHUSETTS

333 BRIDGE STREET
SPRINGFIELD,MA01103 		NONE   EDUCATIONAL GRANT 2,000

DALHOUSIE UNIVERSITY

6283 ALUMNI CRESCENT
HALIFAX,NOVA SCOTIA  
CA 		NONE   EDUCATIONAL GRANT 149,040

DINE COLLEGE

1 CIRCLE DR ROUTE 12
TSAILE,AZ86556 		NONE   EDUCATIONAL GRANT 170,000

EAST STROUDSBURG UNIVERSITY FOUNDATION

200 PROSPECT STREET
EAST STROUDSBURG,PA18301 		NONE   EDUCATIONAL GRANT 250

ELEVATION SCHOLARS

201 E PINE ST SUITE 200
ORLANDO,FL32801 		NONE   EDUCATIONAL GRANT 150,000

EMPOWHER OF THE PALM BEACHES

PO BOX 2717
WEST PALM BEACH,FL33401 		NONE   EDUCATIONAL GRANT 250

EXPONENT PHILANTHROPHY

1720 N ST NW
WASHINGTON,DC20036 		NONE   EDUCATIONAL GRANT 30,815

EYE TO EYE

30 TOMPKINS PLACE
BROOKLYN,NY11231 		NONE   EDUCATIONAL GRANT 136,500

FIRST PEOPLES FUND

PO BOX 2977
RAPID CITY,SD57709 		NONE   EDUCATIONAL GRANT 20,250

FLAGLER COLLEGE

74 KING ST
ST AUGUSTINE,FL32084 		NONE   EDUCATIONAL GRANT 250

FLORIDA AGRICULTURAL & MECHANICAL UNIVERSITY FOUNDATION

625 E TENNESSEE ST SUITE 100
TALLAHASSEE,FL32308 		NONE   EDUCATIONAL GRANT 22,000

FLORIDA ASSOCIATION ON HIGHER EDUCATION AND DISABILITY

1316 MUSEUM ROAD
GAINESVILLE,FL32611 		NONE   EDUCATIONAL GRANT 1,250

FLORIDA ATLANTIC UNIVERSITY FOUNDATION

777 GLADES RD
BOCA RATON,FL33431 		NONE   EDUCATIONAL GRANT 244,650

FLORIDA BAPTIST CHILDREN'S HOMES (DBA ONE MORE CHILD)

1015 SIKES BLVD
LAKELAND,FL33815 		NONE   EDUCATIONAL GRANT 29,520

FLORIDA COLLEGE ACCESS NETWORK

4202 EAST FOWLER AVE ALN 185
TAMPA,FL33620 		NONE   EDUCATIONAL GRANT 5,000

FLORIDA GULF COAST UNIVERSITY FOUNDATION INC

10501 FGCU BLVD S
FORT MYERS,FL33965 		NONE   EDUCATIONAL GRANT 2,500

FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION

UNIVERSITY PARK MARC 531
MIAMI,FL33199 		NONE   EDUCATIONAL GRANT 42,900

FLORIDA PHILANTHROPIC NETWORK

1211 N WESTSHORE BLVD 314
TAMPA,FL33607 		NONE   GRANT ALLOWABLE PORTION OF MEMBERSHIP IN PROFESSIONAL ORGANIZATIONS 10,000

FLORIDA POLYTECHNIC UNIVERSITY FOUNDATION

4700 RESEARCH WAY
LAKELAND,FL33805 		NONE   EDUCATIONAL GRANT 3,500

FLORIDA SCHOOL FOR THE DEAF AND THE BLIND

207 N SAN MARCO AVENUE
ST AUGUSTINE,FL32084 		NONE   EDUCATIONAL GRANT 595,000

FLORIDA STATE UNIVERSITY FOUNDATION

313 WESTCOTT BUILDING
TALLAHASSEE,FL32306 		NONE   EDUCATIONAL GRANT 8,050

FORT LEWIS COLLEGE FOUNDATION

KROEGER HALL 1000 RIM DR
DURANGO,CO81301 		NONE   EDUCATIONAL GRANT 323,253

GALLAUDET UNIVERSITY

800 FLORIDA AVENUE
NEW WASHINGTON,DC20002 		NONE   EDUCATIONAL GRANT 595,000

GONZAGA UNIVERSITY

502 E BOONE AVE
SPOKANE,WA99258 		NONE   EDUCATIONAL GRANT 20,000

GRANTMAKERS FOR EDUCATION

400 SE 103RD DRIVE SUITE 33348
PORTLAND,OR97216 		NONE   EDUCATIONAL GRANT 2,400

GROVES ACADEMY

3200 HIGHWAY 100 SOUTH
ST LOUIS PARK,MN55416 		NONE   EDUCATIONAL GRANT 150,000

HERITAGE UNIVERSITY

3240 FORT ROAD
TOPPENISH,WA98948 		NONE   EDUCATIONAL GRANT 20,000

HOBE SOUND BIBLE COLLEGE INC

11298 SE GOMEZ AVE
HOBE SOUND,FL33455 		NONE   EDUCATIONAL GRANT 8,000

INDIJ PUBLIC MEDIA

555 N CENTRAL AVE STE 500
PHOENIX,AZ85004 		NONE   EDUCATIONAL GRANT 250

LAC COURTE OREILLES OJIBWE UNIVERSITY

13466 W TREPANIA RD
HAYWARD,WI54843 		NONE   EDUCATIONAL GRANT 28,000

LAKE WORTH DOLLARS FOR SCHOLARS INC

564 S CANTLEY
LAKE WORTH,FL33462 		NONE   EDUCATIONAL GRANT 250

LANDMARK COLLEGE

19 RIVER RD S
PUTNEY,VT05346 		NONE   EDUCATIONAL GRANT 200,000

MARTIN FAMILY INITIATIVE

759 VICTORIA SQUARE SUITE 300
MONTREAL,QUEBEC  
CA 		NONE   EDUCATIONAL GRANT 299,075

MORAGA EDUCATION FOUNDATION

1010 CAMINO PABLO
MORAGA,CA94556 		NONE   EDUCATIONAL GRANT 25,000

MOUNT ALLISON UNIVERSITY

62 YORK ST
SACKVILLE,NEW BRUNSWICK  
CA 		NONE   EDUCATIONAL GRANT 14,602

NATIONAL INDIAN CHILD WELFARE ASSOCIATION

5100 SW MACADAM AVE 300
PORTLAND,OR97239 		NONE   EDUCATIONAL GRANT 2,500

NATIVE FORWARD SCHOLARS FUND

3701 SAN MATEO NE 200
ALBUQUERQUE,NM87110 		NONE   EDUCATIONAL GRANT 201,000

NATIVITY PREPARATORY SCHOOL OF BOSTON

39 LAMARTINE ST
BOSTON,MA02130 		NONE   EDUCATIONAL GRANT 100,000

NEBRASKA INDIAN COMMUNITY COLLEGE

1111 US 75
MACY,NE68039 		NONE   EDUCATIONAL GRANT 20,000

NEW COLLEGE FOUNDATION

5800 BAY SHORE RD
SARASOTA,FL34243 		NONE   EDUCATIONAL GRANT 1,000

NKWUSM SALISH LANGUAGE SCHOOL

72040 BITTERROOT JIM RD
ARLEE,MT59821 		NONE   EDUCATIONAL GRANT 25,000

NORTH CAROLINA STATE TREASURER

3200 ATLANTIC AVE
RALEIGH,NC27604 		NONE   EDUCATIONAL GRANT 74,500

NORTHWESTERN ONTARIO WOMEN'S CENTRE

73 CUMBERLAND ST N SUITE 101
THUNDER BAY,ONTARIO  
CA 		NONE   EDUCATIONAL GRANT 25,000

NOTHERN ARIZONA UNIVERSITY FOUNDATION INC

620 S KNOLES
FLAGSTAFF,AZ86011 		NONE   EDUCATIONAL GRANT 1,000

OPERATION JUMP START

3515 LINDEN AVE
LONG BEACH,CA90807 		NONE   EDUCATIONAL GRANT 200,000

PADEN CITY FOUNDATION INC

PO BOX 233
PADEN CITY,WV26159 		NONE   EDUCATIONAL GRANT 5,000

PALM BEACH ATLANTIC UNIVERSITY

1301 S OLIVE AVENUE
WEST PALM BEACH,FL33401 		NONE   EDUCATIONAL GRANT 955,000

PATHWAYS TO EDUCATION CANADA

439 UNIVERSITY AVE 1600
TORONTO,ONTARIO  
CA 		NONE   EDUCATIONAL GRANT 250,000

PROVIDENCE ST MEL SCHOOL

119 S CENTRAL PARK AVE
CHICAGO,IL60624 		NONE   EDUCATIONAL GRANT 100,000

ROBESON COMMUNITY COLLEGE FOUNDATION

5160 FAYETTEVILLE RD
LUMBERTON,NC28360 		NONE   EDUCATIONAL GRANT 31,000

SANTA FE COLLEGE FOUNDATION

3000 NW 83 STREET
GAINESVILLE,FL32606 		NONE   EDUCATIONAL GRANT 16,750

SCHOLARSHIP AMERICA

4960 VIKING DRIVE SUITE 110
EDINA,MN55435 		NONE   EDUCATIONAL GRANT 805,000

SCOPA HAS A DREAM

PO BOX 5450
ASTORIA,NY11105 		NONE   EDUCATIONAL GRANT 10,000

SONOMA STATE UNIVERSITY FOUNDATION

1801 E COTATI AVE
ROHNERT PARK,CA94928 		NONE   EDUCATIONAL GRANT 100,000

SOUTHERN ILLINOIS UNIVERSITY FOUNDATION

COLYER HALL 1235 DOUGLAS DR
CARBONDALE,IL62901 		NONE   EDUCATIONAL GRANT 1,000

STATE UNIVERSITY SYSTEM OF FLORIDA FOUNDATION

325 W GAINES ST STE 1644A
TALLAHASSEE,FL32399 		NONE   EDUCATIONAL GRANT 560,000

THE ACADEMY AT CHARLEMONT

1359 MA-2
CHARLEMONT,MA01339 		NONE   EDUCATIONAL GRANT 30,000

THE BEDFORD SCHOOL

5665 MILAM ROAD
FAIRBURN,GA30213 		NONE   EDUCATIONAL GRANT 40,000

THE DR & MRS HE CHRISTIE COMMUNITY FOUNDATION

RR 2
AMHERST,NOVA SCOTIA  
CA 		NONE   EDUCATIONAL GRANT 25,000

THE EDUCATION EQUALIZER FOUNDATION

602 S MAIN STREET
GAINESVILLE,FL32601 		NONE   EDUCATIONAL GRANT 500

THE EDUCATION FOUNDATION OF ALACHUA COUNTY INC

2802 NE 8TH AVENUE
GAINESVILLE,FL32641 		NONE   EDUCATIONAL GRANT 1,250

THE KING'S ACADEMY

8401 BELVEDERE ROAD
WEST PALM BEACH,FL33411 		NONE   EDUCATIONAL GRANT 5,000

THE SCHOOL DISTRICT OF PALM BEACH COUNTY

3300 FOREST HILL BOULEVARD
WEST PALM BEACH,FL33406 		NONE   EDUCATIONAL GRANT 125,610

TRANSITIONAL LIVING OF NORTH CENTRAL FLORIDA

222 SOUTHWEST TERRACE
GAINESVILLE,FL32607 		NONE   EDUCATIONAL GRANT 500

TURTLE MOUNTAIN COMMUNITY COLLEGE

10145 BIA RD 7
BELCOURT,ND58316 		NONE   EDUCATIONAL GRANT 200,000

ULSTER COMMUNITY COLLEGE FOUNDATION

491 COTTEKILL RD
STONE RIDGE,NY12484 		NONE   EDUCATIONAL GRANT 78,800

UNITED TRIBES TECHNICAL COLLEGE

3315 UNIVERSITY DR
BISMARCK,ND58504 		NONE   EDUCATIONAL GRANT 250,000

UNIVERSITY OF ALASKA ANCHORAGE

3211 PROVIDENCE DR
ANCHORAGE,AK99508 		NONE   EDUCATIONAL GRANT 200,000

UNIVERSITY OF ALASKA FOUNDATION

1815 BRAGAW ST
ANCHORAGE,AK99508 		NONE   EDUCATIONAL GRANT 56,000

UNIVERSITY OF ARIZONA

1200 E UNIVERSITY BLVD
TUCSON,AZ85721 		NONE   EDUCATIONAL GRANT 1,000

UNIVERSITY OF CENTRAL FLORIDA FOUNDATION

12424 RESEARCH PARKWAY SUITE 250
ORLANDO,FL32826 		NONE   EDUCATIONAL GRANT 15,000

UNIVERSITY OF COLORADO FOUNDATION

1800 GRANT STREET
DENVER,CO80203 		NONE   EDUCATIONAL GRANT 2,000

UNIVERSITY OF FLORIDA FOUNDATION

PO BOX 14425
GAINESVILLE,FL32603 		NONE   EDUCATIONAL GRANT 435,000

UNIVERSITY OF NEW BRUNSWICK

PO BOX 4400
FREDERICTON,NEW BRUNSWICK  
CA 		NONE   EDUCATIONAL GRANT 95,381

UNIVERSITY OF NORTH FLORIDA FOUNDATION

1 UNF DRIVE BLDG 58 E SUITE 2309
JACKSONVILLE,FL32216 		NONE   EDUCATIONAL GRANT 53,300

UNIVERSITY OF SOUTH FLORIDA FOUNDATION

4202 E FOWLER AVE
TAMPA,FL33620 		NONE   EDUCATIONAL GRANT 24,600

UNIVERSITY OF WEST FLORIDA FOUNDATION

11000 UNIVERSITY PARKWAY
PENSACOLA,FL32514 		NONE   EDUCATIONAL GRANT 3,500

VON OXFORD SAKURA HOUSE

550 INGERSOLL AVE
WOODSTOCK,ONTARIO  
CA 		NONE   EDUCATIONAL GRANT 502

WEINGARTEN CHILDREN'S CENTER

3518 JEFFERSON AVE
REDWOOD CITY,CA94062 		NONE   EDUCATIONAL GRANT 150,000
Total .................................right arrow 3a 9,607,955
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 840  
4 Dividends and interest from securities ....     14 4,633,211  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 3,608,360  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 10,440,336  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 18,682,747 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
18,682,747
(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.)
8 NOT APPLICABLE
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 AccountingFeesSchedule
Name:
THEODORE R AND VIVIAN M
 
JOHNSON SCHOLARSHIP FOUNDATION INC
EIN:
31-1613890
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TEMPLETON & COMPANY, LLP 87,135 4,357   82,777

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TY 2024 ExpenditureResponsibilityStmt
Name:
THEODORE R AND VIVIAN M
 
JOHNSON SCHOLARSHIP FOUNDATION INC
EIN:
31-1613890
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
CAPE BRETON UNIVERSITY
  		1250 GRAND LAKE ROAD
SYDNEY,NOVA SCOTIA  
CA 		2024-11-22 71,107 EDUCATIONAL GRANT 71,107 NO IN PROCESS    
MARTIN FAMILY INITIATIVE
  		300-759 VICTORIA SQUARE
MONTREAL,QUEBEC  
CA 		2024-11-21 71,075 EDUCATIONAL GRANT - EARLY YEARS PROGRAM 71,075 NO IN PROCESS    
MARTIN FAMILY INITIATIVE
  		300-759 VICTORIA SQUARE
MONTREAL,QUEBEC  
CA 		2024-11-13 228,000 EDUCATIONAL GRANT - ECONOMIC WELLBEING PROGRAM 228,000 NO IN PROCESS    
MOUNT ALLISON UNIVERSITY
  		62 YORK ST
SACKVILLE,NEW BRUNSWICK  
CA 		2024-06-28 14,602 EDUCATIONAL GRANT 14,602 NO IN PROCESS    
PATHWAYS TO EDUCATION CANADA
  		439 UNIVERSITY AVE 1600
TORONTO,ONTARIO  
CA 		2024-02-09 250,000 EDUCATIONAL GRANT 250,000 NO IN PROCESS    
DALHOUSIE UNIVERSITY
  		6283 ALUMNI CRESCENT
HALIFAX,NOVA SCOTIA  
CA 		2024-11-21 149,040 EDUCATIONAL GRANT 149,040 NO IN PROCESS    
UNIVERSITY OF NEW BRUNSWICK
  		PO BOX 4400
FREDERICTON,NEW BRUNSWICK  
CA 		2024-06-21 95,381 EDUCATIONAL GRANT 95,381 NO IN PROCESS    
THE DR & MRS HE CHRISTIE COMMUNITY FOUNDATION
  		RR 2
AMHERST,NOVA SCOTIA  
CA 		2024-04-18 25,000 EDUCATIONAL GRANT 25,000 NO IN PROCESS    
NORTHWESTERN ONTARIO WOMEN'S CENTRE
  		73 CUMBERLAND ST N SUITE 101
THUNDER BAY,ONTARIO  
CA 		2024-04-12 25,000 EDUCATIONAL GRANT 25,000 NO IN PROCESS    
VON OXFORD SAKURA HOUSE
  		550 INGERSOLL AVE
WOODSTOCK,ONTARIO  
CA 		2024-01-10 502 EDUCATIONAL GRANT 502 NO IN PROCESS    

TY 2024 InvestmentsCorpStockSchedule
Name:
THEODORE R AND VIVIAN M
 
JOHNSON SCHOLARSHIP FOUNDATION INC
EIN:
31-1613890
Name of Stock End of Year Book Value End of Year Fair Market Value
UNITED STATES EQUITIES 73,911,501 83,705,862
FOREIGN EQUITIES 34,619,372 59,016,195
PRIVATE EQUITY AND VENTURE CAPITAL 21,200,695 35,423,915
ALTERNATIVE INVESTMENT STRATEGIES 32,905,314 57,644,686
FIXED INCOME 11,592,767 11,311,167
INFLATION PROTECTION MANAGERS 25,335,351 18,653,236

TY 2024 LegalFeesSchedule
Name:
THEODORE R AND VIVIAN M
 
JOHNSON SCHOLARSHIP FOUNDATION INC
EIN:
31-1613890
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 41,222 0   41,222


TY 2024 OtherAssetsSchedule
Name:
THEODORE R AND VIVIAN M
 
JOHNSON SCHOLARSHIP FOUNDATION INC
EIN:
31-1613890
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SECURITY DEPOSITS 15,100 15,100 15,100


TY 2024 OtherExpensesSchedule
Name:
THEODORE R AND VIVIAN M
 
JOHNSON SCHOLARSHIP FOUNDATION INC
EIN:
31-1613890
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL ASSOCIATIONS 4,960 0   4,960
OFFICE EXPENSES 83,906 0   83,906
INSURANCE 21,398 0   21,398
PORTFOLIO DEDUCTIONS FROM PASS-THRU K-1S 4,550 4,550   0
OTHER DEDUCTIONS FROM PASS-THRU K-1S 2,761,780 2,761,780   0
INVESTMENT EXPENSE FROM PASS-THRU K-1S 631,954 631,954   0
ROYALTY EXPENSES FROM PASS-THRU K-1S 246,688 246,688   0


TY 2024 OtherIncomeSchedule2
Name:
THEODORE R AND VIVIAN M
 
JOHNSON SCHOLARSHIP FOUNDATION INC
EIN:
31-1613890
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTY INCOME FROM PASS-THRU K-1S 781,432 781,432 781,432
OTHER INVESTMENT INCOME/(LOSS) FROM FROM PASS-THRU K-1S 2,632,437 17,342,118 2,632,437
ORDINARY INCOME/(LOSS) FROM FROM PASS-THRU K-1S 194,491 194,491 194,491


TY 2024 OtherProfessionalFeesSchedule
Name:
THEODORE R AND VIVIAN M
 
JOHNSON SCHOLARSHIP FOUNDATION INC
EIN:
31-1613890
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER PROFESSIONAL FEES 299,313 52,007   247,306
PRIME CONSULTING 316,369 316,369   0


TY 2024 TaxesSchedule
Name:
THEODORE R AND VIVIAN M
 
JOHNSON SCHOLARSHIP FOUNDATION INC
EIN:
31-1613890
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES FROM PASS-THRU K-1S 151,168 151,168   0
TAXES 236,634 236,634   0