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
FRANKLIN SQUARE HOUSE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 78037
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELMONT, MA02478
A Employer identification number

04-2103780
B Telephone number (see instructions)

(617) 312-3400
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$25,962,106J 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 11 11  
4 Dividends and interest from securities... 590,669 590,669  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 171,370
b Gross sales price for all assets on line 6a 3,780,406
7 Capital gain net income (from Part IV, line 2)... 171,370
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
146,073 146,073  
12 Total. Add lines 1 through 11........ 908,123 908,123  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 220,833 0   220,833
14 Other employee salaries and wages...... 6,750 0   6,750
15 Pension plans, employee benefits....... 15,349 0   15,349
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
38,309 0   38,309
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
152,419 104,234   48,185
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
27,487 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 11,440 0   11,440
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,653 0   9,653
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 482,240 104,234   350,519
25 Contributions, gifts, grants paid....... 1,109,138 1,109,138
26 Total expenses and disbursements. Add lines 24 and 25 1,591,378 104,234   1,459,657
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -683,255
b Net investment income (if negative, enter -0-) 803,889
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............. 34,537 131,710 131,710
2 Savings and temporary cash investments......... 4,657,491 2,664,741 2,664,741
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.......... 2,252 27,522 27,522
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 6,951,385 Click to see attachment
List of Attached Documents:
// Content
6,945,025 		8,744,402
c Investments—corporate bonds (attach schedule)....... 7,825,945 Click to see attachment
List of Attached Documents:
// Content
7,766,250 		7,447,765
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).......... 4,906,398 Click to see attachment
List of Attached Documents:
// Content
6,185,240 		6,915,148
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
44,137 		Click to see attachment
List of Attached Documents:
// Content
30,818 		Click to see attachment
List of Attached Documents:
// Content
30,818
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 24,422,145 23,751,306 25,962,106
Liabilities 17 Accounts payable and accrued expenses.......... 12,027 13,071
18 Grants payable.................    
19 Deferred revenue................. 14,037 30,730
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)......... 26,064 43,801
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........... 24,396,081 23,707,505
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........    
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)..... 24,396,081 23,707,505
30 Total liabilities and net assets/fund balances (see instructions). 24,422,145 23,751,306
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
24,396,081
2
Enter amount from Part I, line 27a .....................
2
-683,255
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
23,712,826
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
5,321
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
23,707,505
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 SALE OF SECURITIES P    
b SALE OF MAKAIRA INVESTMENT P    
c
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 2,577,009   2,511,735 65,274
b 1,203,397   1,097,301 106,096
c
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       65,274
b       106,096
c
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 2 171,370
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 11,174
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 11,174
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 11,174
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 36,444
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 36,444
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 25,270
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow25,270 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
 
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 arrowMA
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.FRANKLINSQUAREHOUSEFOUNDATION.ORG
14
The books are in care ofright arrowROBERT E GOLDSTEIN EXECUTIVE DIRECTOR Telephone no.right arrow (617) 312-3400

Located atright arrowPO BOX 78037BELMONTMA ZIP+4right arrow02478
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)
 
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
ROBERT E GOLDSTEIN EXECUTIVE DIRECTOR
40.00 		220,833 0 0
PO BOX 78037
BELMONT,MA02478
ELLEN CHRISTIE BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
RUTH ELLEN FITCH BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
DEB CHAUSSE BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
BARRY MILLS PRESIDENT
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
JANET FRAZIER BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
HEMMIE CHANG BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
MARILYN CRONE BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
CELINA E MIRANDA BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
LYNNE SHERIDAN BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
AUDREY K WANG BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
LYNDIA DOWNIE BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
IVY WASHINGTON VICE PRESIDENT
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
CHIP FLOWERS TREASURER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
MARK RICKABAUGH BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
MAYRA NEGRON-ROCHE BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
ESTHER SCHLORHOLTZ BOARD MEMBER
1.00 		0 0 0
PO BOX 78037
BELMONT,MA02478
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right 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
25,987,173
b
Average of monthly cash balances.......................
1b
231,994
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
26,219,167
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
26,219,167
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
393,288
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
25,825,879
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,291,294
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
1,291,294
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
11,174
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
11,174
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,280,120
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,280,120
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
1,280,120
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
1,459,657
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
1,459,657
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 1,280,120
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...... 131,377
b From 2020...... 226,695
c From 2021......  
d From 2022...... 374,391
e From 2023...... 260,564
f Total of lines 3a through e ........ 993,027
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,459,657
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..... 1,280,120
e Remaining amount distributed out of corpus 179,537
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 1,172,564
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) ... 		131,377
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		1,041,187
10 Analysis of line 9:
a Excess from 2020.... 226,695
b Excess from 2021....  
c Excess from 2022.... 374,391
d Excess from 2023.... 260,564
e Excess from 2024.... 179,537
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:
ROBERT E GOLDSTEIN
PO BOX 78037
BELMONT,MA02478
(617) 312-3400
bThe form in which applications should be submitted and information and materials they should include:
POTENTIAL GRANTEES ARE REQUIRED TO CONTACT THE EXECUTIVE DIRECTOR AND GO THROUGH AN INITIAL SCREENING PROCESS VIA TELEPHONE TO DETERMINE IF THE ORGANIZATION IS WITHIN THE PARAMETERS OF THE FOUNDATION'S MISSION AND APPROPRIATE FOR FUNDING. THE APPLICATION IS AVAILABLE ON THE FOUNDATION'S WEBSITE. GRANT SUBMISSIONS ARE SUBMITTED VIA MAIL TO THE FOUNDATION'S PO BOX AND ELECTRONICALLY, IN ADVANCE OF THE DEADLINE. THE EXECUTIVE DIRECTOR THEN REVIEWS THE APPLICATIONS FOR COMPLETENESS, WRITES A SUMMARY AND DISTRIBUTES A LIST OF ALL SUBMISSIONS AND THE AMOUNT OF ALL GRANT REQUESTS TO THE BOARD OF DIRECTORS. SITE VISITS ARE CONDUCTED BY BOARD MEMBERS. THE FOLLOWING ITEMS ARE REQUIRED AS PART OF THE APPLICATION PROCESS: A COMPLETED STANDARD APPLICATION FORM, IRS DETERMINATION LETTER, 1ST PAGE OF FORM 990, MOST RECENTLY AUDITED FINANCIAL STATEMENTS, PROJECT BUDGET, LIST OF OTHER FUNDING SOURCES, ORGANIZATION BUDGET AND PROJECT TIMELINE.
cAny submission deadlines:
YES, SUBMISSION DEADLINES ARE SET FOR EACH ANNUAL GRANT CYCLE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
MUST BE HOUSING RELATED AND IN SUPPORT OF THE FOUNDATION'S MISSION. THE FRANKLIN SQUARE HOUSE FOUNDATION, INC. IS COMMITTED TO THE BELIEF THAT ALL WOMEN AND FAMILIES DESERVE ACCESS TO HIGH QUALITY HOUSING, SHELTER AND SUPPORTIVE SERVICES REQUIRED TO LIVE PRODUCTIVE AND SUCCESSFUL LIVES. TO THIS END, THE FOUNDATION SUPPORTS THE CREATION AND UPKEEP OF AFFORDABLE HOUSING AND AFFORDABLE CHILDCARE WITH ESSENTIAL SERVICES, THEREBY PRESERVING THE FOUNDING PRINCIPLES OF THE FRANKLIN SQUARE HOUSE APARTMENTS.
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
ROBERT E GOLDSTEIN
PO BOX 78037
BELMONT,MA02478
(617) 312-3400
bThe form in which applications should be submitted and information and materials they should include:
POTENTIAL GRANTEES ARE REQUIRED TO CONTACT THE EXECUTIVE DIRECTOR AND GO THROUGH AN INITIAL SCREENING PROCESS VIA TELEPHONE TO DETERMINE IF THE ORGANIZATION IS WITHIN THE PARAMETERS OF THE FOUNDATION'S MISSION AND APPROPRIATE FOR FUNDING. THE APPLICATION IS AVAILABLE ON THE FOUNDATION'S WEBSITE. GRANT SUBMISSIONS ARE SUBMITTED VIA MAIL TO THE FOUNDATION'S PO BOX AND ELECTRONICALLY, IN ADVANCE OF THE DEADLINE. THE EXECUTIVE DIRECTOR THEN REVIEWS THE APPLICATIONS FOR COMPLETENESS, WRITES A SUMMARY AND DISTRIBUTES A LIST OF ALL SUBMISSIONS AND THE AMOUNT OF ALL GRANT REQUESTS TO THE BOARD OF DIRECTORS. SITE VISITS ARE CONDUCTED BY BOARD MEMBERS. THE FOLLOWING ITEMS ARE REQUIRED AS PART OF THE APPLICATION PROCESS: A COMPLETED STANDARD APPLICATION FORM, IRS DETERMINATION LETTER, 1ST PAGE OF FORM 990, MOST RECENTLY AUDITED FINANCIAL STATEMENTS, PROJECT BUDGET, LIST OF OTHER FUNDING SOURCES, ORGANIZATION BUDGET AND PROJECT TIMELINE.
cAny submission deadlines:
YES, SUBMISSION DEADLINES ARE SET FOR EACH ANNUAL GRANT CYCLE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
IN ADDITION TO BEING A 501(C)(3) ORGANIZATION, GRANTEE MUST BE RACIALLY AND ECONOMICALLY MIXED AND HAVE A HEALTHY MIX OF SUBSIDIZED STUDENTS.
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

ASCENTRIA CARE ALLIANCE

11 SHATTUCK STREET
WORCESTER,MA01605 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANTS 16,472

BEVERLY CHILDREN'S LEARNING CENTER

550 CABOT STREET
BEVERLEY,MA01915 		NONE PUBLIC CHARITY CHILDCARE GRANTS 40,911

CASA ESPERANZA

302 EUSTIS STREET
ROXBURY,MA02119 		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - RECOVERY HOME FOR WOMEN AND CHILDREN 30,711

CASPARBAYCOVE

PO BOX 45538
SOMERVILLE,MA02145 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANT 8,950

COMMUNITY ACTION INC

3 WASHINGTON SQUARE 4TH FLOOR
HAVERILL,MA01830 		NONE PUBLIC CHARITY CHILDCARE GRANTS- HEADSTART PROGRAM 17,570

COMMUNITY TEAMWORK

155 MERRIMACK STREET
LOWELL,MA01852 		NONE PUBLIC CHARITY CHILDCARE GRANTS 50,000

EMMAUS

127 HOW STREET
HAVERHILL,MA01830 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANTS 81,136

EMPATH

ONE WASHINGTON MALL
BOSTON,MA02108 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANTS 40,000

FATHER BILLS & MAINSPRING

430 BELMONT STREET
BROCKTON,MA02301 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANTS 33,550

GUILD OF ST AGNES

19 HARVARD STREET
WORCESTER,MA01609 		NONE PUBLIC CHARITY CHILDCARE GRANTS 49,050

HORIZONS FOR HOMELESS CHILDREN

1705 COLUMBUS AVENUE
ROXBURY,MA02119 		NONE PUBLIC CHARITY DESIGN & PURCHASE OF BOOK PLATES 3,500

HOUSE OF HOPE

812 MERRIMACK STREET
LOWELL,MA01854 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANTS 1,000

HOUSING ASSISTANCE CORPORATION

460 WEST MAIN STREET
HYANNIS,MA02601 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANTS 75,000

LEO INC

181 UNION STREET SUITE 209J
LYNN,MA01901 		NONE PUBLIC CHARITY CHILDCARE GRANTS 53,181

LYNN SHELTER ASSOCIATION

91 LIBERTY STREET
LYNN,MA01901 		NONE PUBLIC CHARITY INDEPENDENCE HOUSE FAMILY SHELTER 54,250

NORTHSTAR LEARNING CENTERS INC

53 LINDEN STREET
NEW BEDFORD,MA02740 		NONE PUBLIC CHARITY CHILDCARE GRANTS 9,818

NURTURY

2201 WASHINGTON STREET SUITE 306
ROXBURY,MA02116 		NONE PUBLIC CHARITY CHILDCARE GRANTS 100,000

PAIGE ACADEMY

26 HIGHLAND AVE
BOSTON,MA02119 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANTS 55,000

PINE STREET INN

444 HARRISON AVENUE
BOSTON,MA02118 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANTS 31,970

PROJECT KOMPASS

83 MIDDLESEX STREET
NORTH CHELMSFORD,MA01863 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANTS 27,929

RESPOND

PO BOX 555
SOMERVILLE,MA02143 		NONE PUBLIC CHARITY DV SHELTER 62,474

SOJOURNER HOUSE

85 ROCKLAND STREET
BOSTON,MA02119 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANTS 39,972

SOUTH SHORE STARS

163 LIBBEY PARKWAY
WEYMOUTH,MA02189 		NONE PUBLIC CHARITY CHILDCARE GRANTS 46,444

ST MARY'S WOMEN AND CHILDREN

90 CUSHING AVENUE
DORCHESTER,MA02125 		NONE PUBLIC CHARITY CHILDCARE GRANTS 57,000

VICTORY PROGRAMS

965 MASSACHUSETTS AVENUE
BOSTON,MA02118 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANTS 20,250

VOLUNTEERS OF AMERICA

441 CENTER STREET
JAMAICA PLAIN,MA02130 		NONE PUBLIC CHARITY HOUSING AND SHELTER GRANTS 53,000

YWCA OF NE MA

38 LAWRENCE STREET
LAWRENCE,MA01840 		NONE PUBLIC CHARITY HOUSING & SHELTER GRANTS 50,000
Total .................................right arrow 3a 1,109,138
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 11  
4 Dividends and interest from securities ....     14 590,669  
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 ............ 		    18 171,370  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 INCOME 		    18 146,073  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 908,123 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
908,123
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 38,309 0   38,309

TY 2024 InvestmentsCorpBondsSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Name of Bond End of Year Book Value End of Year Fair Market Value
BBH LIMITED DURATION FUND CL I 2,605,000 2,682,106
FEDERAL HOME LOAN MTG CORP 2.903% BDS 25/06/2029 USD 2.903% 06/25/2029 262,998 232,017
FEDERAL HOME LOAN MTG CORP POOL #RA2970 2.5% 07/01/2050 51,267 40,604
FEDERAL NATL MTG ASSN POOL #AL9679 4% 06/01/2035 43,405 39,347
FEDERAL NATL MTG ASSN POOL #AS8157 4.5% 10/01/2046 49,122 44,722
FNMA PASS-THRU I POOL #FM2333 3.5% 02/01/2050 25,308 22,521
BBH INCOME FUND-I 375,000 363,965
HEALTH CARE REIT INC 4% SNR NTS 01/06/2025 USD (SEC REGD) 4% 06/01/2025 105,671 99,631
SANTANDER HOLDINGS USA 4.5% SNR NTS 17/07/2025 USD (SEC REGD) 4.5% 07/17/202 131,699 124,621
CAPITAL ONE FINANCIAL 4.2% SUB NTS 29/10/2025 USD (SEC REGD) 4.2% 10/29/2025 251,257 248,364
NORTHERN TRUST CORP 3.95% SUB NTS 30/10/2025 USD (SEC REGD) 3.95% 10/30/2025 103,368 99,399
CBRE SERVICES INC 4.875% SNR NTS 01/03/2026 USD (SEC REGD) 4.875% 03/01/2026 127,796 124,833
US BANCORP 3.1% SUB NTS 27/04/2026 USD (SEC REGD) (W) 3.1% 04/27/2026 127,277 122,313
BROADRIDGE FINANCIAL SOLUTIONS 3.4% SNR NTS 27/06/2026 USD (SEC REGD) 3.4% 0 131,696 122,604
BANK OF AMERICA 4.25% SUB NTS 22/10/2026 USD (SEC REGD) (L) 4.25% 10/22/2026 137,776 123,927
WELLS FARGO & CO 3% SNR NTS 23/10/2026 USD (SEC REGD) 3% 10/23/2026 131,804 121,198
ARCH CAPITAL FINANCE LLC 4.011% SNR NTS 15/12/2026 USD (SEC REGD) 4.011% 12/ 255,555 247,015
VERIZON COMMUNICATIONS INC 4.125% SNR NTS 16/03/2027 USD (SEC REGD) 4.125% 0 217,352 197,724
MORGAN STANLEY 3.95% SUB NTS 23/04/2027 USD (SEC REGD) (F) 3.95% 04/23/2027 149,060 146,969
LOWE'S COS INC NOTE 3.1% 05/03/2027 134,360 120,830
DIGITAL REALTY TRUST LP 3.7% SNR NTS 15/08/2027 USD (SEC REGD) 3.7% 08/15/20 109,390 97,194
ELEVANCE HEALTH IN 3.65% SNR PIDI NTS 01/12/2027 USD (SEC REGD) 3.65% 12/01/ 161,236 146,043
SCHWAB CHARLES CORP NEW 3.2% SNR NTS 25/01/2028 USD (SEC REGD) 3.2% 01/25/20 127,425 119,636
WALMART INC 3.7% SNR NTS 26/06/2028 USD (SEC REGD) 3.7% 06/26/2028 106,564 97,710
COMCAST CORP 4.15% SNR NTS 15/10/2028 USD (SEC REGD) 4.15% 10/15/2028 140,395 121,925
JPMORGAN CHASE CO. FXD-FRN SNR 23/04/2029 USD (SEC REGD) 4.005% 04/23/2029 167,452 145,458
NORTHERN TRUST CORP 3.15% SNR NTS 03/05/2029 USD (SEC REGD) 3.15% 05/03/2029 143,319 140,507
MASTERCARD INCORPORATED 2.95% SNR NTS 01/06/2029 USD (SEC REGD) 2.95% 06/01/ 108,335 93,312
HOME DEPOT INC 2.7% SNR NTS 15/04/2030 USD (SEC REGD) 2.7% 04/15/2030 113,578 112,549
NORTHERN TRUST CORP 6.125% JNR SUB NTS 02/11/2032 USD (SEC REGD) 6.125% 11/0 100,687 105,574
BANK OF AMERICA CORP DEP SHS PER1/1000E 174,749 166,460
CAPITAL ONE FINANCIAL DEPOSITARY SHARES EACH REPRESENTING A 1/40TH INTEREST 149,214 109,860
DIGITAL REALTY TRUST INC 5.200% SERIES L CUMULATIVE REDEEMABLE PREFERRED STO 153,574 127,260
NATIONAL STORAGE AFFILIATES TRUS 6.000% SERIES A CUMULATIVE REDEEMABLE PREFE 232,454 213,400
SYNCHRONY FINANCIAL DEPOSITARY SHARES EACH REPRESENTING A 1/40TH INTEREST IN 126,664 95,900
PAYDEN PAYDEN LOW DURATION FUND 134,181 131,199
BANK OF MONTREAL BANK OF MONTREAL 1.85% 05/01/2025 100,262 99,068

TY 2024 InvestmentsCorpStockSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 144,756 172,832
ADOBE INC 211,656 183,653
ADVANCED DRAINAGE SYSTEM INC COM 23,900 23,929
ALCON INC COM STK 81,400 88,965
ALPHABET INC CL C 182,986 258,998
AMAZON.COM INC 138,504 224,655
APPLE COMPUTER INC 71,273 313,025
APPLIED MATERIALS INC 103,861 112,215
APTARGROUP INC COM 22,483 28,593
ARISTA NETWORKS INC COM STK 12,254 29,734
ARTHUR J GALLAGHER & CO 93,344 113,541
ASPEN TECHNOLOGY, INC. COM STK 7,874 11,233
AUTOMATIC DATA PROCESSING INC 118,568 143,145
BBH PARTNER FUND - INTERNATIONAL EQUITY 1,350,000 1,636,603
BERKSHIRE HATHAWAY INC-CL B 142,264 172,700
BLACKROCK INC COM 140,937 212,198
BOOKING HOLDINGS INC COM STK 63,433 99,368
BRIGHT HORIZONS FAMILY SOLUT COM STK 12,429 16,517
BROWN & BROWN INC 22,469 32,340
BRUKER CORP COM STK 28,288 27,493
CADENCE DESIGN SYS INC 47,531 54,083
CBRE GROUP INC CL A 23,633 33,742
CLARKSTON FOUNDERS FUND - FOUNDERS CLASS 888,656 1,002,715
COSTCO WHOLESALE CORP 108,324 166,761
CROWN HOLDINGS INC COM 16,295 15,463
DARLING INGREDIENTS INC COM 32,080 22,539
ECOLAB INC 91,140 114,114
ENTEGRIS INC COM STK 28,879 32,095
GFL ENVIRONMENTAL COM STK 27,988 35,008
GLOBANT SA COM STK 29,627 32,163
GUIDEWIRE SOFTWARE INC COM STK 20,811 39,953
GXO LOGISTICS INCORPORATED COMMON STOCK 30,145 24,534
HEICO CORP CL A 14,998 21,771
ICON PLC COM STK 31,369 25,794
JOHNSON & JOHNSON 118,131 108,899
KLA CORPORATION 145,528 182,735
LINDE PLC 202,182 216,871
LPL FINANCIAL HOLDINGS INC COM STK 22,170 30,365
MASTERCARD INCORPORATED 148,014 190,618
MCDONALD'S CORP 112,291 121,754
MICROSOFT CORP 275,013 418,971
MISTER CAR WASH INC COM 9,242 12,459
NIKE INC CL B 92,247 76,956
NVR INC COM STK 11,900 16,358
ORACLE CORP 133,864 277,956
OTIS WORLDWIDE CORPORATION COM 67,258 63,901
PEPSICO INC 120,208 107,050
PROCTER & GAMBLE CO 83,589 140,826
PROGRESSIVE CORP OHIO 94,296 148,319
S&P GLOBAL INC COM STK 127,173 168,832
SHIFT4 PAYMENTS INC CL A 18,442 35,078
TAKE-TWO INTERACTIVE SOFTWRE COM STOCK 20,093 26,692
TEXAS INSTRUMENTS INC 172,497 201,198
THERMO FISHER SCIENTIFIC INC 89,971 91,040
TORO CO COM STK 16,085 15,299
UNITEDHEALTH GROUP INC 110,428 111,795
VULCAN MATERIALS CO 18,235 23,151
WASTE MANAGEMENT INC 168,694 204,413
WATSCO INC COM STK 28,983 37,437
WEST PHARMACEUTICAL SVCS INC 15,304 17,361
WILLSCOTT MOBILE MINI HOLDINGS CO COM CL A 16,180 15,019
WYNDHAM HOTELS & RESORTS INC COM STK 21,496 30,943
ZEBRA TECHNOLOGIES CORP COM 17,936 30,898
ZOETIS INC COM STK 103,420 98,736

TY 2024 InvestmentsOtherSchedule2
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALTAROCK PARTNERS SERIES - BBH WS (VALUED AS OF 2/29/2024) AT COST 1,443,708 1,749,782
VALLEY FORGE LARGE CAP EQUITY SERIES - BBH WS (VALUED AS OF 2/29/2024) AT COST 2,065,911 2,374,092
TRINITY STREET INTERNATIONAL PARTNERS SERIES - BBH WS (VALUED AS OF 2/29/202 AT COST 955,535 944,172
GQG PARTNERS EMERGING MARKETS EQUITY SERIES - BBH WS (VALUED AS OF 2/29/2024 AT COST 726,054 777,103
BOWIE GLOBAL EQUITY SERIES - BBH WS (VALUED AS OF 02/28/2025) AT COST 994,032 1,069,999

TY 2024 OtherAssetsSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DIVIDENDS RECEIVABLE 44,137 30,818 30,818


TY 2024 OtherDecreasesSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Description Amount
ADJUSTMENT TO COST BASIS 5,321


TY 2024 OtherExpensesSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES, FEES AND SUBSCRIPTION 1,114 0   1,114
WEBSITE EXPENSES 1,610 0   1,610
OFFICE EXPENSES 2,206 0   2,206
INSURANCE 3,485 0   3,485
TELEPHONE 1,200 0   1,200
MISCELLANEOUS EXPENSES 38 0   38


TY 2024 OtherIncomeSchedule2
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 INCOME 146,073 146,073 146,073


TY 2024 OtherProfessionalFeesSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER CONSULTANTS 48,185 0   48,185
INVESTMENT ADVISORY FEES 104,234 104,234   0


TY 2024 TaxesSchedule
Name:
FRANKLIN SQUARE HOUSE FOUNDATION INC
EIN:
04-2103780
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX ON INVESTMENT INCOME 27,487 0   0