Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE HEARTHLAND FOUNDATION
C/O BRESLAUER RUTMAN & ANDERSON INC
Number and street (or P.O. box number if mail is not delivered to street address)11400 W OLYMPIC BLVD 550
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA900641551
A Employer identification number

95-4016320
B Telephone number (see instructions)

(310) 481-3513
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$624,468,603J 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) 80,153,631
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 7,283,389 7,283,389  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 9,233,971
b Gross sales price for all assets on line 6a 9,233,971
7 Capital gain net income (from Part IV, line 2)... 9,233,971
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
125,376 14,719 0
12 Total. Add lines 1 through 11........ 96,796,367 16,532,079 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
27,840 13,920 0 13,920
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
62,000 31,000 0 31,000
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
3,644,297 1,293,314 0 2,350,983
17 Interest............... 153,496 153,496 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
268,310 255,310 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 170,128 0 0 170,128
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
1,859,850 1,760,138 0 42,262
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,185,921 3,507,178 0 2,608,293
25 Contributions, gifts, grants paid....... 26,709,000 26,709,000
26 Total expenses and disbursements. Add lines 24 and 25 32,894,921 3,507,178 0 29,317,293
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 63,901,446
b Net investment income (if negative, enter -0-) 13,024,901
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............. 35,952,705 3,675,622 3,675,622
2 Savings and temporary cash investments......... 50,038,544 59,375,765 59,471,593
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)....... 300,195,306 Click to see attachment
List of Attached Documents:
// Content
374,720,109 		481,311,864
c Investments—corporate bonds (attach schedule)....... 13,001,933 Click to see attachment
List of Attached Documents:
// Content
16,496,333 		13,830,256
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).......... 50,150,388 Click to see attachment
List of Attached Documents:
// Content
58,416,251 		66,098,419
14 Land, buildings, and equipment: basis right arrow171,731
Less: accumulated depreciation (attach schedule) right arrow119,258 109,717 Click to see attachment
List of Attached Documents:
// Content
52,473 		52,473
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
30,038 		Click to see attachment
List of Attached Documents:
// Content
28,376 		Click to see attachment
List of Attached Documents:
// Content
28,376
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 449,478,631 512,764,929 624,468,603
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) Click to see attachment
List of Attached Documents:
// Content
1,423 		Click to see attachment
List of Attached Documents:
// Content
16,485
23 Total liabilities (add lines 17 through 22)......... 1,423 16,485
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 449,477,208 512,748,444
29 Total net assets or fund balances (see instructions)..... 449,477,208 512,748,444
30 Total liabilities and net assets/fund balances (see instructions). 449,478,631 512,764,929
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
449,477,208
2
Enter amount from Part I, line 27a .....................
2
63,901,446
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
513,378,654
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
630,210
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
512,748,444
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 PUBLICLY TRADED SECURITIES P    
b FROM PARTNERSHIPS P    
c FROM PARTNERSHIPS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6,967,639     6,967,639
b 207,938     207,938
c 2,058,394     2,058,394
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       6,967,639
b       207,938
c       2,058,394
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 9,233,971
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) 1 181,046
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........................... 3 181,046
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- ..... 5 181,046
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 95,123
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 95,123
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 3,334
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 89,257
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 arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
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 arrowHEARTHLANDFOUNDATION.ORG
14
The books are in care ofright arrowBRESLAUER RUTMAN ANDERSON INC Telephone no.right arrow (310) 481-3513

Located atright arrow11400 W OLYMPIC BLVDSUITE 550LOS ANGELESCA ZIP+4right arrow900641551
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
KATE CAPSHAW SPIELBERG DIRECTOR
0.50 		0 0 0
11400 W OLYMPIC BLVD STE 550
LOS ANGELES,CA90064
STEVEN SPIELBERG DIRECTOR
0.50 		0 0 0
11400 W OLYMPIC BLVD STE 550
LOS ANGELES,CA90064
KRISTIE MACOSKO KRIEGER DIRECTOR
0.50 		0 0 0
11400 W OLYMPIC BLVD STE 550
LOS ANGELES,CA90064
GERALD BRESLAUER PRESIDENT, DIRECTOR (THRU 12/31)
0.50 		0 0 0
11400 W OLYMPIC BLVD STE 550
LOS ANGELES,CA90064
MICHAEL RUTMAN CFO (THRU 12/31), DIRECTOR
0.50 		0 0 0
11400 W OLYMPIC BLVD STE 550
LOS ANGELES,CA90064
TAMMY ANDERSON SECRETARY (THRU 12/31), DIRECTOR
0.50 		0 0 0
11400 W OLYMPIC BLVD STE 550
LOS ANGELES,CA90064
MEGHAN CHRISTIANSEN SECRETARY (AS OF 12/31)
0.50 		0 0 0
11400 W OLYMPIC BLVD STE 550
LOS ANGELES,CA90064
MICHAEL RUTMAN PRESIDENT (AS OF 12/31), DIRECTOR
0.50 		0 0 0
11400 W OLYMPIC BLVD STE 550
LOS ANGELES,CA90064
TAMMY ANDERSON CFO (AS OF 12/31), DIRECTOR
0.50 		0 0 0
11400 W OLYMPIC BLVD STE 550
LOS ANGELES,CA90064
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
FUNDAMENTAL PHILANTHROPY INC GRANT ADMINISTRATION & CONSULTING 1,947,996
400 S BEVERLY DRIVE
BEVERLY HILLS,CA90212
SUMMIT ROCK ADVISORS LLC INVESTMENT ADVISORY FEES 1,293,314
9 WEST 57TH STREET 12TH FLOOR
NEW YORK,NY10019
CD CONSULTING CONSULTING 195,000
860 SOUTH HUDSON AVENUE
LOS ANGELES,CA90005
CASA VIGNALE DESIGN INC CONSULTING 161,013
1104-1618 W 6TH AVENUE
VANCOUVER,BRITISH COLUMBIA  
CA
GAYLE KAREN YOUNG CONSULTING 86,606
305 6TH STREET
LANGLEY,WA98620
Total number of others receiving over $50,000 for professional services.............right arrow1
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
485,718,840
b
Average of monthly cash balances.......................
1b
16,536,965
c
Fair market value of all other assets (see instructions)................
1c
50,634,794
d
Total (add lines 1a, b, and c).........................
1d
552,890,599
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
552,890,599
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
8,293,359
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
544,597,240
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
27,229,862
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
27,229,862
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
181,046
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
181,046
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
27,048,816
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
27,048,816
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
27,048,816
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
29,317,293
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
29,317,293
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 27,048,816
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......  
b From 2020...... 6,712,281
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 6,712,281
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 29,317,293
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..... 27,048,816
e Remaining amount distributed out of corpus 2,268,477
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 8,980,758
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 ...... 		8,980,758
10 Analysis of line 9:
a Excess from 2020.... 6,712,281
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024.... 2,268,477
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).)
KATE CAPSHAW SPIELBERG
STEVEN SPIELBERG
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ALIENTO EDUCATION FUND

4747 N 32ND ST
PHOENIX,AZ85018 		NONE PC CIVIC ENGAGEMENT 1,000

ALLIANCE FOR A JUST SOCIETY

3518 S EDMUNDS ST
SEATTLE,WA98118 		NONE PC CIVIC ENGAGEMENT 150,000

AMERICAN EXCHANGE PROJECT INC

38 BALCOM RD
SUDBURY,MA01776 		NONE PC BRIDGING DIVIDES 750,000

AMERICAN EXCHANGE PROJECT INC

38 BALCOM RD
SUDBURY,MA01776 		NONE PC BRIDGING DIVIDES 1,250,000

AMERICAN JOURNALISM PROJECT INC

6218 GEORGIA AVENUE NW SUITE 1-599
WASHINGTON,DC20011 		NONE PC JOURNALISM 350,000

ARTISTS FOR HUMANITY INC

100 WEST SECOND STREET
BOSTON,MA02127 		NONE PC ARTS, CULTURE & MEDIA 116,000

ASIAN LAW CAUCUS

55 COLUMBUS AVE
SAN FRANCISCO,CA94111 		NONE PC CIVIC ENGAGEMENT 100,000

BVM CAPACITY BUILDING INSTITUTE

4751 BEST RD STE 200
ATLANTA,GA30337 		NONE PC CIVIC ENGAGEMENT 250,000

CAMPAIGN FOR THE FAIR SENTENCING OF YOUTH

1319 F STREET NW SUITE 303
WASHINGTON,DC20004 		NONE PC RACIAL JUSTICE 100,000

CENTER FOR RURAL STRATEGIES INC

46 E MAIN ST
WHITESBURG,KY41858 		NONE PC JOURNALISM 200,000

CHILDRENS HOSPITAL OF LOS ANGELES

4650 SUNSET BLVD 1
LOS ANGELES,CA90027 		NONE PC HEALTH 2,000,000

CITY CLUB OF CHICAGO

70 W HUBBARD ST STE 202
CHICAGO,IL60654 		NONE PC ARTS, CULTURE & MEDIA 300,000

CITY YEAR INC

606 S OLIVE ST 2ND FLOOR
LOS ANGELES,CA90014 		NONE PC YOUTH 100,000

COMMUNITY PARTNERS

1000 N ALAMEDA ST STE 240
LOS ANGELES,CA90012 		NONE PC NARRATIVE & STORYTELLING 100,000

CONSERVATION LANDS FOUNDATION

835 E 2ND AVENUE 314
DURANGO,CO81301 		NONE PC ENVIRONMENT & CLIMATE CHANGE 100,000

DREAM MACHINE INNOVATION SO INC

1110 N VIRGIL AVENUE
LOS ANGELES,CA90029 		NONE PC BRIDGING DIVIDES 250,000

EAST VALLEY BIBLE CHURCH

1820 W ELLIOT RD
GILBERT,AZ85233 		NONE PC BRIDGING DIVIDES 1,000

EMPOWER INITIATIVE

1211 60TH AVE
OAKLAND,CA94612 		NONE PC BRIDGING DIVIDES 150,000

EPWORTH CHILDREN AND FAMILY SERVICES INC

7500 NATURAL BRIDGE ROAD
ST LOUIS,MO63121 		NONE PC YOUTH 50,000

EQUAL JUSTICE INITIATIVE

122 COMMERCE ST
MONTGOMERY,AL36104 		NONE PC RACIAL JUSTICE 250,000

EQUIS INSTITUTE

1331 4TH ST SE 1001
WASHINGTON,DC20003 		NONE PC CIVIC ENGAGEMENT 400,000

EQUIS INSTITUTE

1728 OCEAN AVE
SAN FRANCISCO,CA94112 		NONE PC CIVIC ENGAGEMENT 1,000

ETERNAL SEEDS INC

2941 ROYAL ST
NEW ORLEANS,LA70117 		NONE PC ARTS, CULTURE & MEDIA 1,000,000

ETERNAL SEEDS INC

56 YELLOWSTONE DRIVE
NEW ORLEANS,LA70131 		NONE PC ARTS, CULTURE & MEDIA 250,000

FACING HISTORY AND OURSELVES

89 SOUTH STREET SUITE 401
BOSTON,MA02111 		NONE PC EDUCATION 500,000

FIRELIGHT MEDIA INC

72 HAMILTON TERRACE
NEW YORK,NY10031 		NONE PC ARTS, CULTURE & MEDIA 500,000

FORWARD IMPACT

777 S ALAMEDA STREET 2ND FLOOR
LOS ANGELES,CA90021 		NONE PC ARTS, CULTURE & MEDIA 100,000

FREEDOM READS

169 HENRY ST
NEW HAVEN,CT06511 		NONE PC EDUCATION 250,000

FRESHGRASS PUBLIC FOUNDATION

PO BOX 22129
SAN FRANCISCO,CA94122 		NONE PC ARTS, CULTURE & MEDIA 200,000

GEFFEN PLAYHOUSE INC

10886 LE CONTE AVENUE
LOS ANGELES,CA90024 		NONE PC ARTS, CULTURE & MEDIA 250,000

GET LIT WORDS IGNITE INC

672 S LA FAYETTE PARK PLACE 10
LOS ANGELES,CA90057 		NONE PC ARTS EDUCATION 100,000

GLOBAL IMPACT

1199 N FAIRFAX STE STE 300
ALEXANDRIA,VA22314 		NONE PC NARRATIVE & STORYTELLING 100,000

GROUNDTRUTH PROJECT INC

9450 SW GEMINI DRIVE
BEAVERTON,OR97008 		NONE PC JOURNALISM 750,000

HARNESS COMMUNITY

530 MOLINO STREET SUITE 105
LOS ANGELES,CA90013 		NONE PC CIVIC ENGAGEMENT 150,000

HENRY STREET SETTLEMENT

265 HENRY STREET
NEW YORK,NY10002 		NONE PC ACCOMPANIMENT 100,000

HOPEWELL FUND

1828 L STREET NW SUITE 300
WASHINGTON,DC20036 		NONE PC CIVIC ENGAGEMENT 400,000

HOPEWELL FUND

1828 L STREET NW SUITE 300
WASHINGTON,DC20036 		NONE PC CIVIC ENGAGEMENT 250,000

IKAR

6230 WILSHIRE BLVD STE 1763
LOS ANGELES,CA90048 		NONE PC JEWISH LIFE 250,000

IKAR

6230 WILSHIRE BLVD STE 1763
LOS ANGELES,CA90048 		NONE PC JEWISH LIFE 250,000

INSTITUTE FOR MEDIA ANALYSIS INC

3619 BEDFORD AVENUE 6E
BROOKLYN,NY11210 		NONE PC NARRATIVE & STORYTELLING 250,000

INT'L WILDERNESS LEADERSHIP FOUNDATION INC

717 POPLAR AVE
BOULDER,CO80304 		NONE PC ENVIRONMENT & CLIMATE CHANGE 150,000

INT'L WILDERNESS LEADERSHIP FOUNDATION INC

717 POPLAR AVE
BOULDER,CO80304 		NONE PC ENVIRONMENT & CLIMATE CHANGE 125,000

INTERNATIONAL REFUGEE ASSISTANCE PROJECT INC

ONE BATTERY PARK PLAZA 4TH FLOOR
NEW YORK,NY10004 		NONE PC YOUTH 150,000

JEWISH COUNCIL OF PUBLIC AFFAIRS

25 BROADWAY STE 1700
NEW YORK,NY10004 		NONE PC BRIDGING DIVIDES 500,000

JUSTICE FOR MIGRANT WOMEN

1907 W STATE ST 184
FREEMONT,OH43420 		NONE PC CIVIC ENGAGEMENT 100,000

LARKIN STREET YOUTH SERVICES

134 GOLDEN GATE AVE
SAN FRANCISCO,CA94102 		NONE PC YOUTH 50,000

LIBERATION VENTURES INC

1438 WEBSTER STREET SUITE 303
OAKLAND,CA94612 		NONE PC RACIAL JUSTICE 500,000

LOS ANGELES PHILHARMONIC ASSOCIATION

151 S GRAND AVE
LOS ANGELES,CA90012 		NONE PC ARTS EDUCSATION 250,000

MARCH FOR OUR LIVES FOUNDATION

PO BOX 3417
NEW YORK,NY10008 		NONE PC CIVIC ENGAGEMENT 250,000

MORE IN COMMON INC

1216 BROADWAY STREET 2ND FLOOR
SUITE 308
NEW YORK,NY10006 		NONE PC BRIDGING DIVIDES 200,000

MORE PERFECT UNION FOUNDATION

PO BOX 8147
ALEXANDRIA,VA22306 		NONE PC NARRATIVE & STORYTELLING 500,000

MOTHERING JUSTICE

PO BOX 21728
DETROIT,MI48221 		NONE PC CIVIC ENGAGEMENT 100,000

MOUNTAIN-PLAINS YOUTH SERVICES COALITION

221 W ROSSER AVE
BISMARCK,ND58501 		NONE PC YOUTH 50,000

NEWS LITERACY PROJECT INC

ONE BATTERY PARK PLAZA 4TH FLOOR
WASHINGTON,DC20015 		NONE PC JOURNALISM 200,000

NEXT RIVER

818 59TH ST
OAKLAND,CA94608 		NONE PC NARRATIVE & STORYTELLING 100,000

NIGHT MINISTRY

1735 NORTH ASHLAND AVE STE 2000
CHICAGO,IL60622 		NONE PC YOUTH 50,000

ON BEING PROJECT

1619 HENNEPIN AVE
MINNEAPOLIS,MN55403 		NONE PC ARTS, CULTURE & MEDIA 500,000

ON BEING PROJECT

1619 HENNEPIN AVENUE SOUTH
MINNEAPOLIS,MN55403 		NONE PC ARTS, CULTURE & MEDIA 350,000

ONE FAIR WAGE INC

45 MT AUBURN STREET
CAMBRIDGE,MA02138 		NONE PC CIVIC ENGAGEMENT 250,000

PARTNERS FOR JUSTICE INC

125 LINCOLN PLACE
BROOKLYN,NY11217 		NONE PC COMMUNITY SAFETY 100,000

PROPUBLICA INC

155 AVENUE OF THE AMERICAS 13TH
FLOOR
NEW YORK,NY10013 		NONE PC JOURNALISM 500,000

REWILD

PO BOX 129
AUSTIN,TX78767 		NONE PC ENVIRONMENT & CLIMATE CHANGE 1,000,000

REBOOT INC

734 LONGMEADOW STREET UNIT 103
LONGMEADOW,MA01106 		NONE PC NARRATIVE & STORYTELLING 250,000

ROCKEFELLER PHILANTHROPY ADVISORS INC

120 BROADWAY SUITE 3475
NEW YORK,NY10271 		NONE PC CIVIC ENGAGEMENT 250,000

ROCKEFELLER PHILANTHROPY ADVISORS INC

120 BROADWAY SUITE 3475
NEW YORK,NY10271 		NONE PC CIVIC ENGAGEMENT 250,000

RURAL DIGITAL YOUTH RESILIENCY PROJECT INC

364 PATTESON DR 218
MORGANTOWN,WV26505 		NONE PC JOURNALISM 100,000

SANDY HOOK PROMISE FOUNDATION

13 CHURCH HILL ROAD
NEWTOWN,CT06470 		NONE PC COMMUNITY SAFETY 100,000

SMITHSONIAN INSTITUTION

PO BOX 37012 MRC 520
WASHINGTON,DC20013 		NONE PC ARTS, CULTURE & MEDIA 100,000

SOLUTIONS JOURNALISM NETWORK

115 EAST 34TH STREET UNIT 1806
NEW YORK,NY10156 		NONE PC JOURNALISM 500,000

SOLUTIONS PROJECT INC

4096 PIEDMONT AVE 728
OAKLAND,CA94611 		NONE PC ENVIRONMENT & CLIMATE CHANGE 250,000

SOS CHILDREN'S VILLAGES CALIFORNIA

3756 W AVENUE 40 SUITE K 507
LOS ANGELES,CA90065 		NONE PC YOUTH 250,000

ST LOUIS ARTWORKS

5959 DELMAR BLVD
ST LOUIS,MO63112 		NONE PC ARTS EDUCATION 110,000

T OF L INC

107 WOODLAND ROAD
PITTSBURGH,PA15232 		NONE PC BRIDGING DIVIDES 250,000

THE 19TH NEWS

3571 FAR WEST BOULEVARD NO 3497
AUSTIN,TX78731 		NONE PC JOURNALISM 100,000

THE ART AND ADVOCACY SOCIETY

123 LEVERINGTON AVE
PHILADELPHIA,PA19127 		NONE PC ARTS, CULTURE & MEDIA 250,000

THE ART AND ADVOCACY SOCIETY

123 LEVERINGTON AVE
PHILADELPHIA,PA19127 		NONE PC ARTS, CULTURE & MEDIA 225,000

THE BARACK OBAMA FOUNDATION

PO BOX 779056
CHICAGO,IL60677 		NONE PC CIVIC ENGAGEMENT 1,000,000

THE DOOR - A CENTER OF ALTERNATIVES INC

121 AVE OF THE AMERICAS
NEW YORK,NY10013 		NONE PC YOUTH 100,000

THE LINK

1210 GLENWOOD AVE
MINNEAPOLIS,MN55405 		NONE PC YOUTH 50,000

THE STUDIO MUSEUM IN HARLEM

144 W 125TH STREET
NEW YORK,NY10027 		NONE PC ARTS, CULTURE & MEDIA 1,675,000

THREAD INC

PO BOX 1584
BALTIMORE,MD21203 		NONE PC YOUTH 200,000

TIDES CENTER

1012 TORNEY AVENUE
SAN FRANCISCO,CA94129 		NONE PC CIVIC ENGAGEMENT 250,000

TIDES CENTER

1012 TORNEY AVENUE
SAN FRANCISCO,CA94129 		NONE PC CIVIC ENGAGEMENT 300,000

TRANSLASH MEDIA INC

315 GATES AVE 5R
BROOKLYN,NY11216 		NONE PC JOURNALISM 200,000

UTAH FILM CENTER

50 W BROADWAY STE 125
SALT LAKE CITY,UT84101 		NONE PC ARTS, CULTURE & MEDIA 211,000

UTAH FILM CENTER

50 W BROADWAY STE 125
SALT LAKE CITY,UT84101 		NONE PC ARTS, CULTURE & MEDIA 150,000

UTAH FILM CENTER

50 WEST BROADWAY SUITE 1125
SALT LAKE CITY,UT84101 		NONE PC ARTS, CULTURE & MEDIA 169,000

VIP COMMUNITY MENTAL HEALTH CENTER INC

1721 GRIFFIN AVE
LOS ANGELES,CA90031 		NONE PC YOUTH 25,000

WE THE PEOPLE MI

440 BURROUGHS ST
DETROIT,MI48202 		NONE PC CIVIC ENGAGEMENT 250,000

WEST END RESIDENCES HDFC INC

475 RIVERSIDE DR STE 740
NEW YORK,NY10115 		NONE PC YOUTH 50,000

WORKMONEY FOUNDATION INC

790 N MILWAUKEE ST STE 300
MILWAUKEE,WI53202 		NONE PC CIVIC ENGAGEMENT 500,000
Total .................................right arrow 3a 26,709,000
bApproved for future payment

ALLIANCE FOR A JUST SOCIETY
3518 S EDMUNDS ST
SEATTLE,WA98118 		NONE PC CIVIC ENGAGEMENT 150,000

AMERICAN EXCHANGE PROJECT INC
38 BALCOM RD
SUDBURY,MA01776 		NONE PC BRIDGING DIVIDES 1,000,000

AMERICAN JOURNALISM PROJECT INC
6218 GEORGIA AVENUE NW SUITE 1-599
WASHINGTON,DC20011 		NONE PC JOURNALISM 350,000

ASIAN LAW CAUCUS
55 COLUMBUS AVE
SAN FRANCISCO,CA94111 		NONE PC CIVIC ENGAGEMENT 100,000

BVM CAPACITY BUILDING INSTITUTE
4751 BEST RD STE 200
ATLANTA,GA30337 		NONE PC CIVIC ENGAGEMENT 250,000

CAMPAIGN FOR THE FAIR SENTENCING OF YOUTH
1319 F STREET NW SUITE 303
WASHINGTON,DC20004 		NONE PC RACIAL JUSTICE 100,000

CHILDRENS HOSPITAL OF LOS ANGELES
4650 SUNSET BLVD 1
LOS ANGELES,CA90027 		NONE PC HEALTH 1,000,000

CITY YEAR INC
606 S OLIVE ST 2ND FLOOR
LOS ANGELES,CA90014 		NONE PC YOUTH 100,000

EPWORTH CHILDREN AND FAMILY SERVICES INC
7500 NATURAL BRIDGE ROAD
ST LOUIS,MO63121 		NONE PC YOUTH 100,000

EQUAL JUSTICE INITIATIVE
122 COMMERCE ST
MONTGOMERY,AL36104 		NONE PC RACIAL JUSTICE 250,000

EQUIS INSTITUTE
1331 4TH ST SE 1001
WASHINGTON,DC20003 		NONE PC CIVIC ENGAGEMENT 400,000

FREEDOM READS
169 HENRY ST
NEW HAVEN,CT06511 		NONE PC EDUCATION 500,000

GEFFEN PLAYHOUSE INC
10886 LE CONTE AVENUE
LOS ANGELES,CA90024 		NONE PC ARTS, CULTURE & MEDIA 750,000

GROUNDTRUTH PROJECT INC
9450 SW GEMINI DRIVE
BEAVERTON,OR97008 		NONE PC JOURNALISM 750,000

HENRY STREET SETTLEMENT
265 HENRY STREET
NEW YORK,NY10002 		NONE PC ACCOMPANIMENT 200,000

HOPEWELL FUND
1828 L STREET NW SUITE 300
WASHINGTON,DC20036 		NONE PC CIVIC ENGAGEMENT 250,000

HOPEWELL FUND
1828 L STREET NW SUITE 300
WASHINGTON,DC20036 		NONE PC CIVIC ENGAGEMENT 400,000

IKAR
6230 WILSHIRE BLVD STE 1763
LOS ANGELES,CA90048 		NONE PC JEWISH LIFE 1,500,000

INT'L WILDERNESS LEADERSHIP FOUNDATION INC
717 POPLAR AVE
BOULDER,CO80304 		NONE PC ENVIRONMENT & CLIMATE CHANGE 225,000

JUSTICE FOR MIGRANT WOMEN
1907 W STATE ST 184
FREEMONT,OH43420 		NONE PC CIVIC ENGAGEMENT 100,000

LARKIN STREET YOUTH SERVICES
134 GOLDEN GATE AVE
SAN FRANCISCO,CA94102 		NONE PC YOUTH 100,000

LIBERATION VENTURES INC
1438 WEBSTER STREET SUITE 303
OAKLAND,CA94612 		NONE PC RACIAL JUSTICE 500,000

LOS ANGELES PHILHARMONIC ASSOCIATION
151 S GRAND AVE
LOS ANGELES,CA90012 		NONE PC ARTS EDUCATION 250,000

MARCH FOR OUR LIVES FOUNDATION
PO BOX 3417
NEW YORK,NY10008 		NONE PC CIVIC ENGAGEMENT 500,000

MOUNTAIN-PLAINS YOUTH SERVICES COALITION
221 W ROSSER AVE
BISMARCK,ND58501 		NONE PC YOUTH 100,000

NEXT RIVER
818 59TH ST
OAKLAND,CA94608 		NONE PC NARRATIVE & STORYTELLING 100,000

NIGHT MINISTRY
1735 NORTH ASHLAND AVE STE 2000
CHICAGO,IL60622 		NONE PC YOUTH 100,000

ONE FAIR WAGE INC
45 MT AUBURN STREET
CAMBRIDGE,MA02138 		NONE PC CIVIC ENGAGEMENT 250,000

PRESIDENT AND FELLOWS OF HARVARD COLLEGE
1350 MASSACHUSETTS AVENUE 5TH FLOOR
CAMBRIDGE,MA02138 		NONE PC NARRATIVE & STORYTELLING 175,000

ROCKEFELLER PHILANTHROPY ADVISORS INC
120 BROADWAY SUITE 3475
NEW YORK,NY10271 		NONE PC CIVIC ENGAGEMENT 250,000

SOLUTIONS JOURNALISM NETWORK
115 EAST 34TH STREET UNIT 1806
NEW YORK,NY10156 		NONE PC JOURNALISM 500,000

SOLUTIONS PROJECT INC
4096 PIEDMONT AVE 728
OAKLAND,CA94611 		NONE PC ENVIRONMENT & CLIMATE CHANGE 250,000

SOS CHILDREN'S VILLAGES CALIFORNIA
3756 W AVENUE 40 SUITE K 507
LOS ANGELES,CA90065 		NONE PC YOUTH 750,000

ST LOUIS ARTWORKS
5959 DELMAR BLVD
ST LOUIS,MO63112 		NONE PC ARTS EDUCATION 50,000

THE ART AND ADVOCACY SOCIETY
123 LEVERINGTON AVE
PHILADELPHIA,PA19127 		NONE PC ARTS, CULTURE & MEDIA 250,000

THE BARACK OBAMA FOUNDATION
PO BOX 779056
CHICAGO,IL60677 		NONE PC CIVIC ENGAGEMENT 1,000,000

THE DOOR - A CENTER OF ALTERNATIVES INC
121 AVE OF THE AMERICAS
NEW YORK,NY10013 		NONE PC YOUTH 200,000

THE LINK
1210 GLENWOOD AVE
MINNEAPOLIS,MN55405 		NONE PC YOUTH 100,000

THE STUDIO MUSEUM IN HARLEM
144 W 125TH STREET
NEW YORK,NY10027 		NONE PC ARTS, CULTURE & MEDIA 3,325,000

THREAD INC
PO BOX 1584
BALTIMORE,MD21203 		NONE PC YOUTH 200,000

TIDES CENTER
1012 TORNEY AVENUE
SAN FRANCISCO,CA94129 		NONE PC CIVIC ENGAGEMENT 250,000

UPPER WEST SIDE CINEMA CENTER INC
440 W END AVENUE 4A
NEW YORK,NY10024 		NONE PC ARTS, CULTURE & MEDIA 2,000,000

VIP COMMUNITY MENTAL HEALTH CENTER INC
1721 GRIFFIN AVE
LOS ANGELES,CA90031 		NONE PC YOUTH 50,000

WE THE PEOPLE MI
440 BURROUGHS ST
DETROIT,MI48202 		NONE PC CIVIC ENGAGEMENT 500,000

WEST END RESIDENCES HDFC INC
475 RIVERSIDE DR STE 740
NEW YORK,NY10115 		NONE PC YOUTH 100,000

WINDWARD FUND
1828 L STREET NW
WASHINGTON,DC20036 		NONE PC CIVIC ENGAGEMENT 1,000,000
Total ................................. right arrow 3b 21,325,000
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 7,283,389  
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 9,233,971  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFEDERAL TAX REFUNDS 		    01 110,657  
bPASS-THROUGH INCOME     14 14,719  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 16,642,736 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
16,642,736
(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
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE HEARTHLAND FOUNDATION
C/O BRESLAUER RUTMAN & ANDERSON INC
Employer identification number

95-4016320
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE HEARTHLAND FOUNDATION
C/O BRESLAUER RUTMAN & ANDERSON INC 		Employer identification number
95-4016320
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
AMBLIN ENTERTAINMENT INC
 
11400 W OLYMPIC BLVD SUITE 550
 
LOS ANGELES, CA90064

$ 153,631


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
KATE CAPSHAW AND STEVEN SPIELBERG
11400 W OLYMPIC BLVD SUITE 550
 
LOS ANGELES, CA90064

$ 80,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE HEARTHLAND FOUNDATION
C/O BRESLAUER RUTMAN & ANDERSON INC 		Employer identification number

95-4016320
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE HEARTHLAND FOUNDATION
C/O BRESLAUER RUTMAN & ANDERSON INC 		Employer identification number

95-4016320
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT 62,000 31,000 0 31,000

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

TY 2024 AmortizationSchedule
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
WEBSITE DESIGN 2022-12-01 171,731 62,014 36.000000000000 57,244 0 57,244 119,258

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Name of Bond End of Year Book Value End of Year Fair Market Value
SCHWAB US TIPS ETF 7,641,203 6,947,779
ISHARES 20+ YEAR TREASURY BO 8,855,130 6,882,477

TY 2024 InvestmentsCorpStockSchedule
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Name of Stock End of Year Book Value End of Year Fair Market Value
ISHARES MBS ETF 13,774,479 14,005,337
AB CORPORATE INCOME 3,766,308 3,752,839
AB TAXABLE M/S INCOME 13,392,376 13,587,110
ISHARES GOLD TRUST 10,028,099 14,006,082
SRA DIVERSIFIED STRATEGIES 48,155,059 61,882,603
SRA HEDGE EQUITY 49,091,000 62,037,052
SRA SELECT EQUITY 61,154,966 84,996,369
BLACKROCK MULTI-STRATEGY CREDIT FUND 14,455,788 10,151,543
OWL ROCK TECHNOLOGY FINANCE CORP 5,267,364 5,696,536
THERE VR INC 100 8,850,000
ALCOA CORP 42,129 39,140
AAC TECHNOLOGIES HLDGS 50,091 97,285
AIA GROUP LTD 188,173 153,697
APPLE INC 4,973,007 9,053,935
ABBVIE INC 546,019 739,943
AMBEV S A 200,017 157,807
AIRBNB INC 250,165 249,416
ARCH CAPITAL GROUP LTD 37,493 38,141
ACCENTURE PLC IRELAND 723,826 928,374
ADOBE INC 370,586 382,869
ADIDAS AG 63,821 106,183
ANALOG DEVICES INC 176,803 174,430
ARCHER-DANIELS-MIDLN 206,389 194,199
AUTOMATIC DATA PROCESSIN 473,001 540,087
KONINKLIJKE AHOLD DELH 284,738 335,514
AUTODESK INC 326,375 376,261
ADYEN N V 79,994 77,698
AMEREN CORP 3,055 3,566
AEGON LTD ADR 28,359 40,405
AMERICAN ELEC PWR CO INC 827,618 871,481
AFLAC INC 184,243 242,981
AFFIRM HLDGS INC 53,931 107,245
AMERICAN INTL GROUP INC 93,040 92,747
AIR LIQUIDE 139,074 174,440
GALLAGHER ARTHUR J & CO 44,245 58,473
AJINOMOTO INC 29,955 32,617
AKAMAI TECHNOLOGIES INC 22,619 24,678
AKZO NOBEL N V 77,751 76,249
ALBEMARLE CORP 181,954 121,631
ALCON INC 159,820 182,259
ALLIANZ SE 313,306 400,990
ALASKA AIR GROUP INC 60,825 98,873
ALLSTATE CORP 72,353 115,867
ALNYLAM PHARMACEUTICALS 88,168 141,657
ASTELLAS PHARMA INC 48,733 49,343
APPLIED MATLS INC 570,136 762,084
ADVANCED MICRO DEVICE IN 454,764 619,170
AMGEN INC 74,149 82,884
A P MOELLER MAERSK A 70,461 83,742
AMERIPRISE FINL INC 96,582 204,986
AMERICAN TOWER CORP NEW 259,435 245,769
AMAZON.COM INC 3,159,663 4,797,401
ARISTA NETWORKS INC 122,905 352,812
ABERCROMBIE & FITCH CO 97,542 93,419
ANSYS INC 159,869 185,869
ANZ GROUP HLDGS LTD 44,473 49,164
AEON CO LTD 174,589 211,375
AIR PRODS & CHEMS INC 371,031 417,948
APELLIS PHARMACEUTICALS 5,543 4,021
APPLOVIN CORP 241,679 217,290
APTIV PLC NEW 119,731 81,225
ARES MGMT CORP 25,227 42,664
ARGENX SE 114,752 182,655
SENDAS DISTRIBUIDORA S 87,154 27,969
AUTO TRADER GROUP PLC 59,392 83,300
ATLAS COPCO AB 318,162 327,673
APTARGROUP INC 569,862 700,823
ANGLOGOLD ASHANTI PLC 31,101 33,812
BROADCOM INC 958,767 2,770,024
AVNET INC 207,743 224,400
AVIVA PLC 70,392 98,154
AMERICAN WTR WKS CO INC 275,139 266,160
AMERICAN EXPRESS CO 275,929 454,385
ACUITY BRANDS INC 90,492 87,347
AZEK CO INC 49,124 60,429
ASTRAZENECA PLC 719,444 741,031
AUTOZONE INC 90,781 240,150
ASPEN TECHNOLOGY INC NEW 61,469 88,619
BOEING CO 468,707 449,049
ALIBABA GROUP HLDG LTD 376,373 393,765
BANK OF AMERICA CORP 834,186 1,050,845
BOOZ ALLEN HAMILTON HLDG 44,806 72,072
BALL CORP 120,139 105,739
CREDICORP LTD 12,921 16,315
BASF SE 46,682 42,433
BANCO BRADESCO S A 201,671 162,871
BEST BUY INC 251,870 240,412
BARCLAYS PLC 113,926 130,481
BECTON DICKINSON & CO 37,264 37,660
BROWN FORMAN CORP 90,800 83,138
BRIGHT HORIZONS FAMILY S 62,716 73,383
BEIGENE LTD 289,011 277,804
BOC HONG KONG HLDGS LT 177,053 192,594
BHP GROUP LTD 624,050 559,982
BAIDU INC 255,523 241,717
BIOGEN INC 49,489 33,642
BILIBILI INC 118,152 193,433
BANK NEW YORK MELLON COR 97,932 175,096
BOOKING HLDGS INC 426,981 506,779
BAKER HUGHES CO. 118,275 156,204
PT BK RAKYAT 196,423 181,077
BANK MONTREAL QUE 50,442 67,450
BAYERISCHE MOTOREN WER F 280,596 287,492
BRISTOL-MYERS SQUIBB 295,284 287,721
BANK NOVA SCOTIA F 93,327 93,580
BP P L C F 182,785 193,973
BANCO SANTANDER CHILE F 194,165 192,900
BOSTON SCIENTIFIC CORP 148,365 259,564
BRITISH AMERN TOB PLC F 303,726 322,848
BURLINGTON STORES INC 21,130 28,221
BORGWARNER INC 118,744 118,418
BWX TECHNOLOGIES INC 90,827 89,223
BRAMBLES LTD F 76,784 114,888
BYD CO LTD F 506,532 538,118
CITIGROUP INC 280,182 318,022
CAE INC F 141,191 154,894
CARDINAL HEALTH INC 364,831 479,467
AVIS BUDGET GROUP INC 74,745 61,022
CARRIER GLOBAL CORP 84,212 136,861
CASEYS GEN STORES INC 103,290 187,417
CATERPILLAR INC 275,448 453,813
CBOE GLOBAL MKTS INC 248,880 371,455
CBRE GROUP INC 79,992 152,296
CABOT CORP 45,188 61,543
CHEMOURS CO 72,854 52,356
COCA-COLA EUROPACIFIC F 472,506 562,096
CROWN CASTLE INC 182,302 151,206
CAMECO CORP F 63,951 133,049
CADENCE DESIGN SYS INC 159,825 249,682
CDW CORP 142,651 132,096
CELANESE CORP DEL 57,230 36,474
CONSTELLATION ENERGY COR 155,620 157,044
CF INDS HLDGS INC 125,342 129,174
CAPGEMINI S E F 22,043 32,460
CHURCH & DWIGHT INC 71,942 93,611
COCHLEAR LTD F 36,985 39,957
CHECK POINT SOFTWARE T F 176,700 268,101
C H ROBINSON WORLDWIDE I 29,381 36,059
CHUNGHWA TELECOM CO LT F 241,003 248,716
CHARTER COMMUNICATIONS I 78,733 67,183
THE CIGNA GROUP 150,604 157,952
BANCOLOMBIA S A F 67,838 73,009
COLGATE PALMOLIVE CO 723,716 782,281
CELLNEX TELECOM S A F 166,103 149,165
CLP HLDGS LTD F 103,755 99,186
CLOROX CO 239,827 228,348
CANADIAN IMPERIAL BK C F 324,383 325,951
COMCAST CORP NEW 310,811 281,550
CME GROUP INC 451,290 525,536
CHIPOTLE MEXICAN GRILL I 73,743 78,933
CUMMINS INC 679,010 901,828
COMPASS GROUP PLC F 324,143 395,153
CMS ENERGY CORP 16,956 19,928
COMMONWEALTH BK AUSTRA F 379,321 553,010
CENTENE CORP DEL 27,044 24,898
CANADIAN NATL RAILWY 231,019 212,562
COMPAGNIE DE ST GOBAIN F 87,081 96,050
CAPITAL ONE FINL CORP 138,152 156,565
COHERENT CORP 108,929 141,148
COINBASE GLOBAL INC 75,105 112,480
CONOCOPHILLIPS 319,428 381,507
CENCORA INC 242,241 309,160
COSTCO WHSL CORP NEW 285,211 278,546
CANADIAN PACIFIC KANSA F 421,358 400,640
CAPRI HLDGS LTD F 78,348 71,709
CRH PUBLIC LIMITED CO F 120,165 245,918
SALESFORCE INC 797,595 1,210,943
CISCO SYS INC 602,030 735,146
COSTAR GROUP INC 19,604 24,627
CSL LTD F 494,592 448,482
COGNIZANT TECHNOLOGY SOL 28,818 35,605
CORTEVA INC 16,959 32,695
CENOVUS ENERGY INC F 57,270 65,933
COMMVAULT SYS INC 107,388 128,424
CVS HEALTH CORP 95,503 62,307
CHEVRON CORP 757,830 799,372
CEMEX S A B DE C V F 26,119 38,346
CYBERARK SOFTWARE LTD F 85,120 181,234
DOMINION ENERGY INC 294,424 314,758
DANONE F 486,358 495,359
DASSAULT SYS S A F 84,517 82,346
DAYFORCE INC 91,587 88,839
DEUTSCHE BANK AG F 47,002 71,763
DBS GROUP HLDGS LTD F 627,784 892,951
DUPONT DE NEMOURS INC 150,651 158,143
DATADOG INC 19,527 41,438
DEERE & CO 119,618 170,751
DECKERS OUTDOOR CORP 93,032 298,542
DELL TECHNOLOGIES INC 130,168 171,938
DIAGEO PLC F 616,973 568,017
DISCOVER FINL SVCS 167,282 191,592
DOLLAR GEN CORP NEW 66,698 40,185
DHL GROUP ADR F 108,704 94,090
DANAHER CORP 460,259 522,456
DISNEY WALT CO 112,469 117,474
DIGITAL RLTY TR INC 44,780 61,179
DNB BK ASA F 222,023 228,770
DOXIMITY INC 76,768 76,668
DOCUSIGN INC 92,160 86,522
DOW INC 168,298 164,092
DOMINOS PIZZA INC 28,886 38,198
DESCARTES SYS GROUP IN F 17,047 20,107
DTE ENERGY CO 1,260 1,449
DEUTSCHE TELEKOM AG F 680,785 927,529
DUKE ENERGY CORP NEW 175,180 231,533
DEVON ENERGY CORP NEW 43,129 30,243
DEXCOM INC 32,364 27,375
ELECTRONIC ARTS INC 443,831 526,973
AIRBUS SE F 40,494 52,901
EBAY INC 166,104 160,017
ECOLAB INC 144,323 198,000
CONSOLIDATED EDISON INC 369,846 421,790
EDP-ENERGIAS DE PORTUG F 223,248 183,941
EDISON INTL 366,113 404,150
EAST JAPAN RY CO F 100,422 93,722
LAUDER ESTEE COS INC 173,121 119,293
ELANCO ANIMAL HEALTH INC 76,743 75,530
E L F BEAUTY INC 76,179 80,729
COMPANHIA PARANAENSE D F 3,676 2,696
ELEVANCE HEALTH INC 180,595 179,654
EMBECTA CORP 57 41
EMERSON ELEC CO 135,856 195,562
ENBRIDGE INC F 520,339 566,610
ENGIE S A F 61,556 64,152
ENEL CHILE S A F 45,328 39,332
ENPHASE ENERGY INC 5,040 6,593
ENTEGRIS INC 118,244 108,570
EPAM SYS INC 8,899 9,587
EPIROC AKTIEBOLAG F 134,952 124,107
EQUITABLE HLDGS INC 44,934 72,689
EQUINIX INC 202,266 226,294
EQUINOR ASA F 202,263 198,001
EQT CORP 91,351 97,892
ERIE INDTY CO 85,378 143,868
EMBRAER S A F 88,774 88,656
EISAI CO LTD 208,844 161,544
ELBIT SYSTEMS LTD F 102,109 140,906
ESSEX PPTY TR INC 79,389 79,638
EATON CORP PLC F 489,815 713,852
EDWARDS LIFESCIENCES COR 130,149 128,738
EXELON CORP 57,449 74,151
EXLSERVICE HLDGS INC 135,832 155,951
EXPEDIA GROUP INC 131,784 196,019
EXPERIAN PLC F 88,409 97,510
DIAMONDBACK ENERGY INC 371,318 385,820
FTI CONSULTING INC 133,183 143,539
FREEPORT-MCMORAN INC 451,830 453,914
FACTSET RESH SYS INC 168,606 188,750
FIRSTENERGY CORP 71,694 78,009
FERGUSON ENTERPRISES INC 92,033 89,909
F5 INC 278,588 337,221
FISERV INC 171,045 274,441
FAIR ISAAC CORP 17,779 33,846
FIDELITY NATL INFORMATIO 44,455 66,554
FIFTH THIRD BANCORP 19,193 32,767
FLUTTER ENTMT PLC F 167,026 176,004
FMC CORP 60,359 46,277
FRESENIUS MED CARE AG F 60,150 65,067
FIRST SOLAR INC 73,229 55,163
FORTESCUE METALS GROUP F 267,475 241,832
FORTINET INC 200,690 314,052
FORTIVE CORP DISC 44,244 43,650
FUJIFILM HLDGS CORP F 110,593 109,353
LIBERTY MEDIA CORP DEL 17,117 21,598
GODADDY INC 167,297 256,186
GDS HLDGS 60,603 157,006
GE AEROSPACE 220,283 435,822
GE HEALTHCARE TECHNOLOGI 78,344 73,724
GEELY AUTOMOBILE HLDGS F 49,571 84,856
GEN DIGITAL INC 134,079 183,692
GE VERNOVA INC 78 329
GOLD FIELDS LTD NEW F 85,667 104,465
CGI INC F 121,112 183,658
GILEAD SCIENCES INC 416,507 485,774
GENERAL MLS INC 341,791 327,905
GLOBAL-E ONLINE LTD F 78,637 80,923
GENERAL MTRS CO 242,112 316,477
GENMAB A/S F 41,278 29,844
ALPHABET INC 499,337 1,222,625
ALPHABET INC 2,545,759 3,883,111
GRIFOLS S A F 80,699 84,645
GSK PLC ADR F 45 34
GOODYEAR TIRE & RUBR CO 32,106 24,750
GITLAB INC 958 1,071
CHART INDS INC 94,355 95,611
GIVAUDAN SA F 129,318 169,801
GUIDEWIRE SOFTWARE INC 177,332 160,488
GRAINGER W W INC 238,164 367,863
HASBRO INC 36,813 33,826
HOLCIM LTD NEW F 77,824 72,579
HOME DEPOT INC 571,635 665,951
HENKEL AG & CO KGAA F 219,943 247,011
HERMES INTL SCA F 409,108 578,453
HARTFORD FINL SVCS GROUP 533,243 796,760
HONG KONG EXC & CLR 41,684 41,546
HENDERSON LD DEV LTD F 157,068 151,252
HILTON WORLDWIDE HLDGS I 184,174 323,285
HOYA CORP 241,641 256,804
HONEYWELL INTL INC 198,123 235,151
ROBINHOOD MKTS INC 103,115 117,965
HP INC 316,876 357,723
HORMEL FOODS CORP 440,612 437,862
HSBC HLDGS PLC F 573,971 626,559
HAIER SMART HOME CO LT F 25,852 29,372
HANG SENG BK LTD F 355,709 299,827
HERSHEY CO 427,936 425,407
H WORLD GROUP LIMITED F 233,385 252,646
HUBSPOT INC 145,796 209,728
HUMANA INC 44,848 28,669
HANNOVER RUECK SE F 54,776 88,740
HEXAGON AB F 29,165 32,995
IBERDROLA S A F 498,482 499,458
IBM CORP 99,918 146,627
ICICI BK LTD F 435,567 829,242
INTERCONTINENTAL EXCHANG 187,582 255,850
ICL GROUP LTD F 139,322 133,577
INDUSTRIAL & COML BK C F 123,685 173,184
INDUSTRIA DE DISENO TE F 193,404 316,375
INTERNTNL FLAVORS & FRAG 209,417 204,526
INFORMA PLC F 21,156 31,639
INTERCONTINENTAL HOTEL F 217,254 295,561
ILLUMINA INC 59,038 56,793
IMPERIAL OIL LTD F 31,632 75,275
IMPALA PLATINUM HLDGS F 46,188 22,480
INCYTE CORP 32,853 37,919
INFOSYS LTD F 370,275 566,150
ING GROEP ADR REP 1 OR F 108,859 151,701
INGREDION INC 38,115 52,548
INTEL CORP 321,465 265,442
INTUIT 617,355 813,908
INTERNTNL PAPER CO 121,364 141,547
INTERPUBLIC GROUP COS IN 182,064 168,764
INGERSOLL RAND INC 409,710 394,406
IRON MTN INC NEW 202,429 266,349
INTESA SANPAOLO S P A F 125,575 179,048
INTUITIVE SURGICAL INC 444,815 646,186
JACOBS SOLUTIONS INC 36,848 44,896
JULIUS BAER GROUP LTD F 51,465 56,465
JOHNSON CONTROLS INTER F 78,975 74,510
JD COM INC F 294,260 355,402
JANUS HENDERSON GROUP F 228,205 265,132
JAMES HARDIE INDS PLC F 60,232 99,732
JONES LANG LASALLE INC 76,641 95,181
JARDINE MATHESON HLDGS F 56,005 62,840
JOHNSON & JOHNSON 1,618,675 1,590,242
JPMORGAN CHASE & CO 925,111 1,383,606
JAPAN EXCHANGE GROUP I F 1,356 1,303
LIXIL CORP F 46,972 37,337
KELLANOVA 114,519 152,143
KB FINL GROUP INC F 222,611 312,666
KEURIG DR PEPPER INC 21,675 23,737
KEYCORP NEW 92,208 92,316
KEYSIGHT TECHNOLOGIES IN 275,612 298,611
KINROSS GOLD CORP F 633 1,344
KIMCO RLTY CORP 44,681 54,850
ROYAL KPN NV F 77,473 97,859
KIMBERLY CLARK CORP 161,422 159,607
KINDER MORGAN INC DEL 25,935 42,991
KOMATSU LTD F 229,423 286,150
KIRIN HLDGS CO LTD F 134,717 122,687
THE COCA-COLA CO 1,413,686 1,468,340
KROGER CO 137,796 256,708
KENVUE INC 75,051 70,775
LEIDOS HLDGS INC 169,701 159,330
LEAR CORP 79,237 74,340
LEGEND BIOTECH CORP F 91,585 86,589
LITTELFUSE INC 51,698 56,085
LEGRAND S A F 64,815 80,426
LINDE PLC F 224,154 342,891
LUMENTUM HLDGS INC 27,983 44,158
ELI LILLY AND CO 901,775 1,892,944
LOCKHEED MARTIN CORP 53,228 58,313
CHENIERE ENERGY INC 54,263 74,775
LONDON STK EXCHANGE GR F 527,942 657,410
LANTHEUS HLDGS INC 88,886 88,118
LENOVO GROUP LTD F 155,772 210,944
LOGITECH INTERNTNL SA F 141,773 167,582
GRAND CANYON ED INC 897 1,638
LOWES COS INC 201,676 306,526
LPL FINL HLDGS INC 52,992 97,300
LAM RESH CORP 677,118 809,771
L OREAL S A F 302,943 312,620
LULULEMON ATHLETICA INC 205,175 222,563
LVMH MOET HENNESSY LOU F 180,292 228,054
LYONDELLBASELL INDUSTR F 45,183 37,358
LYFT INC 19,127 16,964
LLOYDS BANKING GROUP P F 116,313 141,549
LONZA GROUP AG F 77,513 86,994
MASTERCARD INC 836,926 1,194,787
MARRIOTT INTL INC NEW 551,185 720,502
MERCEDES BENZ GROUP AG F 503,636 444,120
MCDONALDS CORP 160,711 221,766
MCKESSON CORP 431,256 681,042
MOODYS CORP 607,859 774,907
MONDELEZ INTL INC 216,951 204,097
MEDTRONIC PLC F 556,055 532,720
METLIFE INC 283,710 286,908
META PLATFORMS INC 1,585,617 3,130,722
MANULIFE FINL CORP F 173,080 252,866
MIZUHO FINL GROUP INC F 551,061 952,303
MAGNA INTL INC F 93,026 91,520
MICHELIN COMPAGNIE GEN F 409,632 418,961
MITSUBISHI ELEC CORP F 269,393 274,895
MITSUI & CO LTD F 323,994 308,180
MERCK KGAA F 172,405 168,201
MKS INSTRS INC 44,102 44,366
MELCO RESORTS & ENTMT F 26,031 32,980
MARSH & MCLENNAN COS INC 340,896 522,316
3M CO 228,610 246,304
MONDAY COM LTD F 94,012 94,882
MINISO GROUP HLDG LTD F 170,551 172,629
ALTRIA GROUP INC 581,972 654,043
MARATHON PETE CORP 145,732 215,667
MONOLITHIC PWR SYS INC 135,937 162,126
MACQUARIE GROUP LTD F 207,055 245,945
MERCK & CO. INC. 783,008 880,497
MORGAN STANLEY 307,946 329,764
MICROSOFT CORP 4,061,669 6,724,190
MADISON SQUARE GARDEN SP 6,058 8,802
MICRON TECHNOLOGY INC 211,623 258,960
MUNICH RE GROUP F 45,152 62,625
MURPHY USA INC 2,683 10,537
NTNL AUSTRALIA BK LTD F 17,820 29,332
NEUROCRINE BIOSCIENCES I 112,846 166,667
NEXTERA ENERGY INC 221,866 251,560
NEWMONT CORP 346,242 280,788
NTNL GRID PLC F 346,939 309,341
ANGLO AMERN PLC F 133,263 144,491
NORSK HYDRO ASA ADR F 124,899 110,860
NIKE INC 16,905 12,410
NOAH HLDGS LTD F 70,058 41,641
NORTHROP GRUMMAN CORP 562,418 585,205
NOKIA CORP F 324,575 345,651
SERVICENOW INC 689,177 1,105,705
NASPERS LTD F 42,613 53,936
NORDEA BANK AB F 20,127 28,118
NRG ENERGY INC 153,661 198,213
NOMURA RESH INST LTD F 51,593 49,564
NORFOLK SOUTHERN CO 55,789 63,838
NESTLE S A 541,429 424,513
NETAPP INC 74,643 73,479
NUTANIX INC 33,144 50,841
NUTRIEN LTD F 60,597 48,464
NORTHERN TR CORP 49,680 51,865
NIPPON TELEG & TEL COR F 370,396 378,333
NVIDIA CORP 2,353,323 7,983,809
NOVO-NORDISK A S F 417,753 602,484
NOVARTIS AG F 721,018 792,882
NVENT ELEC PLC F 99,320 141,432
NOVENESIS A S F 91,617 102,111
NATWEST GROUP PLC F 137,051 169,331
NXP SEMICONDUCTORS N V F 178,125 209,721
NEW YORK TIMES CO 138,431 175,773
OWENS CORNING NEW 142,214 196,038
OMEGA HEALTHCARE INVS IN 61,316 79,220
ONEOK INC NEW 228,532 310,437
OKTA INC 43,072 48,383
OLAPLEX HLDGS INC 19,841 18,847
OMNICOM GROUP INC 214,686 211,917
ORANGE F 319,774 311,466
ORACLE CORP 281,398 436,930
OTIS WORLDWIDE CORP 55,580 72,791
OTSUKA HLDGS CO LTD F 166,826 238,097
OVINTIV INC 44,000 37,179
PARAMOUNT GLOBAL 78,760 74,559
PARAMOUNT GLOBAL 39,278 29,458
PG&E CORP 170,309 211,264
PANASONIC HLDGS CORP F 191,012 195,345
PDD HOLDINGS INC F 143,037 121,431
PUBLIC SVC ENTERPRISE GR 354,386 443,150
PEPSICO INC 344,841 388,057
PFIZER INC 314,119 274,824
PROCTER & GAMBLE CO 1,173,421 1,437,431
PROGRESSIVE CORP OH 451,110 846,542
PARKER-HANNIFIN CORP 60,614 83,320
KONINKLIJKE PHILIPS N F 41,327 69,326
PLDT INC F 119,729 110,440
PINTEREST INC 106,874 103,066
PHILIP MORRIS INTL INC 621,626 693,697
PNC FINL SERVICES 79,933 118,988
PING AN INS GROUP CO C F 195,560 230,914
PORTLAND GENERL ELEC 267,078 276,725
PT BK MANDIRI PERSERO F 158,161 208,326
PPG INDS INC 54,498 54,350
PPL CORP 21,230 25,676
PRIMERICA INC 45,343 63,512
PERNOD RICARD S A F 118,323 105,768
PROSUS N V F 104,150 140,117
PRUDENTIAL FINL INC 638,095 671,828
PEARSON PLC F 24,391 54,050
PURE STORAGE INC 44,268 74,699
PHILLIPS 66 106,747 113,360
PTC INC 2,239 2,390
PELOTON INTERACTIVE INC 2,907 2,610
PUBLICIS S A NEW F 107,556 156,739
PRUDENTIAL PLC F 131,357 97,377
QUANTA SVCS INC 74,401 86,914
PAYPAL HLDGS INC 229,004 247,430
QBE INS GROUP LTD F 29,366 53,372
QUALCOMM INC 296,875 406,325
QUANTUMSCAPE CORP 77,541 80,637
FERRARI N V NEW F 265,968 341,571
RB GLOBAL INC F 45,694 77,581
ROBLOX CORP 78,587 84,128
ROYAL CARIBBEAN GROUP F 28,430 50,521
RECRUIT HLDGS CO LTD F 304,255 297,072
DR REDDYS LABS LTD F 717,141 920,699
REGENERON PHARMACEUTICAL 403,679 403,891
RELX PLC F 60,484 69,674
REPSOL S A F 29,429 29,718
REXFORD INDL RLTY INC 77,022 71,482
REINSURANCE GROUP AMER I 235,251 323,863
ROYAL GOLD INC 17,450 23,601
ROCHE HLDG LTD F 527,476 473,531
RIVIAN AUTOMOTIVE INC 146,362 137,642
RAYMOND JAMES FINL INC 64,966 107,644
RALPH LAUREN CORP 31,285 75,992
RENESAS ELECTRS CO 118,976 92,699
RENAISSANCERE HOLDINGS F 17,560 18,661
ROKU INC 87,185 76,422
ROLLINS INC 2,071 3,291
ROSS STORES INC 34,317 49,768
REPUBLIC SVCS INC 219,598 490,276
RENTOKIL INITIAL PLC F 39,857 34,258
RTX CORP 84,967 129,144
RWE AG F 71,779 53,617
ROYAL BANK OF CANADA F 597,262 703,658
ROLLS-ROYCE HOLDINGS P F 43,533 111,474
RYOHIN KEIKAKU CO LTD F 111,380 208,777
SAFRAN F 264,032 373,870
SCIENCE APPLICATIONS INT 206,728 200,645
SAP SE F 478,431 606,169
SCHNEIDER ELEC SA F 605,955 920,077
COMPANHIA DE SANEAMENT F 93,587 94,463
STARBUCKS CORP 158,685 160,783
SOCIETE GENERALE F 18,212 25,679
SWISSCOM F 78,091 78,996
SANDVIK AB F 77,360 79,297
SANDOZ GROUP AG F 72 122
SOFTBANK GRP CORP F 163,296 230,502
SINGAPORE TELECOMMUNIC F 525,193 673,039
SHIONOGI & CO LTD F 91,078 88,029
SAGE GROUP PLC F 129,381 132,393
SHELL PLC F 778,800 881,799
SHINHAN FINL GROUP CO F 117,371 134,085
SHOPIFY INC F 259,485 461,579
SHERWIN-WILLIAMS CO 338,846 402,137
SIEMENS A G F 232,030 297,194
SINGAPORE AIRLS LTD F 19,306 35,241
SIRIUSXM HLDGS INC 44,632 27,360
SMUCKER J M CO 111,915 111,331
SCHLUMBERGER LTD F 216,810 228,085
SUN LIFE FINL INC F 189,304 230,417
SANLAM LTD F 34,484 44,223
SMC CORP JAPAN F 318,889 288,374
SUPER MICRO COMPUTER INC 178,826 56,998
SUMITOMO MITSUI FINL G F 621,470 971,757
SIEMENS HEALTHINEERS A F 88,423 85,613
SIEMENS ENERGY AG F 233,289 226,773
SOMPO HLDGS INC F 22,784 28,846
SNAP INC 115,282 64,437
SYNOPSYS INC 278,134 235,885
SANOFI F 379,775 372,336
SOUTHERN CO 62,341 97,714
SOUTH BOW CORP F 44 47
SONOVA HLDG AG F 70,323 75,576
SONY GROUP CORP F 658,923 820,818
SOUTH32 LTD F 293,214 274,230
S&P GLOBAL INC 534,255 647,439
SPARK NEW ZEALAND LTD 171,123 103,600
SPIRIT AEROSYSTEMS HLDGS 72,762 74,601
BLOCK INC 101,906 121,196
SHISEIDO LTD 27,735 17,682
SASOL LTD F 77,732 51,273
SANTOS LTD F 161,192 132,920
SYSMEX CORP F 44,690 46,998
STELLANTIS N V F 489,648 409,365
STANTEC INC F 106,055 112,027
STATE STR CORP 168,593 192,178
SEAGATE TECHNOLOGY HLD F 81,556 89,935
SUNCOR ENERGY INC NEW F 195,985 219,075
SEVEN & I HLDGS CO LTD F 391,555 441,910
SMURFIT WESTROCK PLC F 75,856 89,946
STANLEY BLACK & DECKER I 76,161 70,816
STRYKER CORP 822,822 940,451
AT&T INC 156,915 167,155
TAKEDA PHARMACEUTICAL F 747,057 763,445
MOLSON COORS BEVERAGE CL 1,075 1,376
TRIP COM GROUP LTD F 218,046 441,484
TELEDYNE TECHNOLOGIES IN 15,340 17,637
ATLASSIAN CORP 144,851 189,593
TECK RES LIMITED F 227,418 257,284
TELEFONICA S A F 59,678 60,336
TELENOR ASA F 16,685 14,181
TEREX CORP NEW 37,770 48,762
TRUIST FINL CORP 108,169 139,553
3I GROUP PLC F 79,725 122,085
TARGET CORP 304,782 300,100
HANOVER INS GROUP INC 405 464
THALES F 77,614 73,997
TIM SA ADR F 78,444 69,737
TJX COS INC NEW 311,611 509,456
TOKIO MARINE HLDGS INC F 439,681 437,175
TOYOTA MTR CORP F 885,259 1,160,265
TENCENT MUSIC ENTMT GR F 98,269 220,247
TREND MICRO INC F 75,451 89,960
T-MOBILE US INC 663,693 892,632
TOAST INC 71,124 66,886
TAPESTRY INC 30,542 70,818
TARGA RES CORP 34,298 44,982
THOMSON REUTERS CORP F 203,201 278,259
TC ENERGY CORP F 521,242 572,040
TRAVELERS COS INC 136,602 197,289
TRACTOR SUPPLY CO 77,146 92,590
TAIWAN SEMICONDUCTOR M F 1,875,624 3,819,457
TYSON FOODS INC 25,784 24,125
TRANE TECHNOLOGIES PLC F 227,175 409,609
TOTALENERGIES SE 150,323 180,831
TETRA TECH INC NEW 78,420 73,226
TAKE-TWO INTERACTIVE SOF 123,502 149,105
TRADEWEB MKTS INC 32,093 67,686
TWILIO INC 86,695 139,531
TEXAS INSTRS INC 406,552 485,276
TXNM ENERGY INC 25,372 32,403
TYLER TECHNOLOGIES INC 40,075 36,905
UBER TECHNOLOGIES INC 241,433 335,801
UBS GROUP AG F 684,472 831,223
UNILEVER PLC F 123,376 137,951
ULTA BEAUTY INC. 111,817 121,345
UNICREDIT SPA F 156,465 274,845
UNITEDHEALTH GROUP INC 1,165,672 1,366,328
UNION PACIFIC CORP 356,318 397,474
UOL GROUP LTD F 18,730 16,032
UPM KYMMENE CORP F 53,216 45,507
UNITED PARCEL SVC INC 228,274 216,135
US BANCORP DEL 120,242 118,331
UNITED THERAPEUTICS CORP 60,325 77,978
VISA INC 1,259,805 1,713,569
VALE S A F 239,684 196,204
VINCI S A F 371,676 370,125
VODACOM GROUP LIMITED F 20,592 14,343
VEEVA SYS INC 45,397 46,676
VEOLIA ENVIRONNEMENT F 172,222 170,230
VALERO ENERGY CORP NEW 22,260 36,409
VOLVO AB F 173,606 228,580
VONOVIA SE F 76,142 89,909
VERISK ANALYTICS INC 168,376 209,878
VERTEX PHARMACEUTICALS I 355,609 536,396
VISTRA CORP 170,459 214,388
VENTAS INC 369,657 430,780
VOLKSWAGEN A G F 45,171 31,561
VESTAS WIND SYS A/S F 114,630 98,432
VERIZON COMMUNICATIONS I 710,127 640,280
WAYFAIR INC 94,697 91,698
WABTEC 167,438 286,091
WEIBO CORP F 8,999 9,206
WARNER BROS DISCOVERY IN 96,056 92,551
WASTE CONNECTIONS INC F 66,297 114,615
WORKDAY INC 196,898 269,899
WOODSIDE ENERGY GROUP F 549,475 419,796
WEC ENERGY GROUP INC 57,658 64,323
WELLTOWER INC 686,399 767,019
WELLS FARGO & CO 415,449 519,355
WINGSTOP INC 26,074 28,704
WIPRO LTD F 803,911 1,209,172
WIX COM LTD F 32,670 55,998
WASTE MGMT INC DEL 615,628 922,584
WARNER MUSIC GROUP CORP 91,620 91,326
WALMART INC 816,834 1,101,095
PETCO HEALTH & WELLNESS 11,938 22,948
WPP PLC NEW F 160,170 173,012
WILLIAMS SONOMA INC 220,907 302,584
WOLTERS KLUWER N V F 91,257 137,181
WEYERHAEUSER CO 110,158 88,110
XCEL ENERGY INC 24,662 29,911
ENN ENERGY HOLDINGS 109,015 79,677
EXXON MOBIL CORP 465,693 507,730
XPENG INC ADR F 147,830 231,341
YARA INTL ASA F 15,350 10,591
YUM BRANDS INC 329,874 348,816
YUM CHINA HLDGS INC 222,283 224,135
ZALANDO SE F 46,815 46,213
ZOOM COMMUNICATIONS INC 78,770 76,877
ZTO EXPRESS CAYMAN INC F 75,905 67,479
ZOETIS INC 405,647 397,875

TY 2024 InvestmentsOtherSchedule2
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GOLUB CAPITAL PARTNERS INT'L 12 LP AT COST 2,200,802 3,703,329
OCA VENBIO III SEGREGATED PORTFOLIO AT COST 2,402,170 1,658,947
SCGE OFFSHORE FUND LP AT COST 1 1,257,061
OCA CMTG LLC AT COST 4,894,631 1,186,846
NEW MOUNTAIN NET LEASE AT COST 2,596,429 4,176,856
OCA LCP IX SEGREGATED PORTFOLIO AT COST 5,044,987 7,125,436
SRA PRIVATE EQUITY PORTFOLIO IV AT COST 12,279,497 17,165,743
DK LT DISTR OPP INT'L V LP AT COST 1,706,652 2,378,310
SRA PRIVATE EQUITY PORTFOLIO V AT COST 21,299,722 21,408,945
SRA PRIVATE EQUITY PORTFOLIO VI AT COST 4,599,612 4,607,542
CARBON DIRECT II FUND LP AT COST 414,917 446,795
CARBON DIRECT FUND II AIV I LP AT COST 48,895 53,125
MARCYPEN OPPORTUNITIES FUND II-B LP AT COST 927,935 822,611
RA CAPITAL HEALTHCARE INTERNATIONAL FUND LTD AT COST 1 106,873

TY 2024 LandEtcSchedule2
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
WEBSITE DESIGN 171,731 119,258 52,473  


TY 2024 LegalFeesSchedule
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 27,840 13,920 0 13,920


TY 2024 OtherAssetsSchedule
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
CASH IN TRANSIT 30,038 28,376 28,376


TY 2024 OtherDecreasesSchedule
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Description Amount
PRIOR PERIOD ADJUSTMENT - NO TAX EFFECT 630,210


TY 2024 OtherExpensesSchedule
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSE 82,831 41,416 0 41,415
INVESTMENT EXPENSES - PARTNERSHIPS 1,718,920 1,718,714 0 0
MISCELLAENOUS FEES AND DUES 855 8 0 847
AMORTIZATION 57,244 0   0


TY 2024 OtherIncomeSchedule2
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FEDERAL TAX REFUNDS 110,657   110,657
PASS-THROUGH INCOME 14,719 14,719 0


TY 2024 OtherLiabilitiesSchedule
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Description Beginning of Year - Book Value End of Year - Book Value
OTHER LIABILITIES 1,423 16,485


TY 2024 OtherProfessionalFeesSchedule
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 1,834,350 0 0 1,834,350
OUTSIDE HELP 516,633 0 0 516,633
INVESTMENT FEES 1,293,314 1,293,314 0 0


TY 2024 TaxesSchedule
Name:
THE HEARTHLAND FOUNDATION
 
C/O BRESLAUER RUTMAN & ANDERSON INC
EIN:
95-4016320
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES 10,000 0 0 0
FOREIGN TAXES PAID 255,310 255,310 0 0
FRANCHISE TAXES 3,000 0 0 0