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
ADDISON HINES CHARITABLE TR
 
% ROBERT J LISZEWSKI
Number and street (or P.O. box number if mail is not delivered to street address)932 TILLINGHAST DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OXFORD, CT064781092
A Employer identification number

20-1679943
B Telephone number (see instructions)

(954) 614-7867
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$23,347,520J 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 10 10  
4 Dividends and interest from securities... 475,280 475,280  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
482,309
b Gross sales price for all assets on line 6a 4,413,547
7 Capital gain net income (from Part IV, line 2)... 482,309
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).......      
12 Total. Add lines 1 through 11........ 957,599 957,599  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 106,500 74,550   31,950
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
11,720 1,720    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
165,782 164,916   866
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 284,002 241,186   32,816
25 Contributions, gifts, grants paid....... 1,142,500 1,142,500
26 Total expenses and disbursements. Add lines 24 and 25 1,426,502 241,186   1,175,316
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -468,903
b Net investment income (if negative, enter -0-) 716,413
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.............      
2 Savings and temporary cash investments......... 134,583 222,735 222,735
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) 1,784,344 Click to see list of attachments
List of Attached Documents:
// Content
1,725,861 		1,727,557
b Investments—corporate stock (attach schedule)....... 12,145,551 Click to see attachment
List of Attached Documents:
// Content
11,421,579 		19,167,791
c Investments—corporate bonds (attach schedule)....... 906,261 Click to see attachment
List of Attached Documents:
// Content
1,284,807 		1,248,487
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans............. 1,322,354 1,163,044 938,738
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) 36,048 42,212 Click to see attachment
List of Attached Documents:
// Content
42,212
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,329,141 15,860,238 23,347,520
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
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 16,329,141  
29 Total net assets or fund balances (see instructions)..... 16,329,141 0
30 Total liabilities and net assets/fund balances (see instructions). 16,329,141 0
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
16,329,141
2
Enter amount from Part I, line 27a .....................
2
-468,903
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
15,860,238
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
15,860,238
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 NT - STCG SALES PUBLIC SEC P    
b NT - STCG T-BILLS NOT ON 1099 PUBLIC SEC P    
c NT - LTCG SALES PUBLIC SEC P    
d NT - LTCG GLD PUBLIC SEC P    
e   P    
CS - STCG SALES PUBLIC SEC P    
CS - LTCG SALES PUBLIC SEC P    
CS - STCG MTG POOL PRIN PUBLIC SEC P    
CS LTCG MTG POOL PRIN PUBLIC SEC P    
CS - LTCG CMO PRIN PUBLIC SEC P    
EW - LTCG DIST PUBLIC SEC P    
EW - STCL SALES PUBLIC SEC P    
EW - STCG T-BILLS NOT ON 1099 PUBLIC SEC P    
EW - UST NOTE MATURITIES PUBLIC SEC P    
EW - LTCG SALES PUBLIC SEC P    
EW - LTCG GLD PUBLIC SEC P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 10,051   13,993 -3,942
b 351,395   351,395  
c 325,633   332,962 -7,329
d 466,062   236,369 229,693
e        
47,634   76,299 -28,665
760,491   662,331 98,160
71,368   69,918 1,450
47,261   46,304 957
47,104   43,085 4,019
45,709     45,709
196,579   249,823 -53,244
98,677   98,677  
100,000   100,000  
1,485,575   1,396,605 88,970
360,006   253,475 106,531
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       -3,942
b        
c       -7,329
d       229,693
e        
      -28,665
      98,160
      1,450
      957
      4,019
      45,709
      -53,244
       
       
      88,970
      106,531
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 2 482,309
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 9,958
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 9,958
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 9,958
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 23,105
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 23,105
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 13,147
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow13,147 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCT, FL
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 arrowNA
14
The books are in care ofright arrowROBERT J LISZEWSKI Telephone no.right arrow (954) 614-7867

Located atright arrow932 TILLINGHAST DRIVEOXFORDCT ZIP+4right arrow064781092
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
 
No
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
No
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
 
No
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 J LISZEWSKIClick to see attachment
List of Attached Documents:
// Content
CO-TRUSTEE
5.00 		66,500 0 0
932 TILLINGHAST DRIVE
OXFORD,CT064781092
JAMES B MURRAY CO-TRUSTEE
4.00 		40,000 0 0
110 FLINTLOCK ROAD
SOUTHPORT,CT06890
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
EDGE WEALTH MANAGEMENT LLC INVESTMENT ADVISORY 67,713
805 3RD AVE Ste 12TH FLOOR
NEW YORK,NY10022
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
22,796,732
b
Average of monthly cash balances.......................
1b
262,849
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
23,059,581
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
 
3
Subtract line 2 from line 1d.........................
3
23,059,581
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
345,894
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
22,713,687
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,135,684
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
1,135,684
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
9,958
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,958
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,125,726
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,125,726
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,125,726
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
1,175,316
b
Program-related investments—total from Part VIII-B..................
1b
 
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
1,175,316
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 1,125,726
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 171,574
b From 2020...... 77,489
c From 2021...... 43,753
d From 2022...... 167,929
e From 2023...... 154,189
f Total of lines 3a through e ........ 614,934
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,175,316
a Applied to 2023, but not more than line 2a  
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..... 1,125,726
e Remaining amount distributed out of corpus 49,590
5 Excess distributions carryover applied to 2024.    
(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 5 664,524
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		171,574
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		492,950
10 Analysis of line 9:
a Excess from 2020.... 77,489
b Excess from 2021.... 43,753
c Excess from 2022.... 167,929
d Excess from 2023.... 154,189
e Excess from 2024.... 49,590
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
0       0
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		        0
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ALZHEIMER'S COMMUNITY CARE

1615 FORUM PLACE Ste 5TH FLOOR
WEST PALM BEACH,FL33401 		  PC Public charity de ALZHEIMERS DAY CARE & CAREGIVER ED 135,000

AMERICAN HEART ASSOCIATION

11207 BLUE HERON BLVD NORTH
SAINT PETERSBURG,FL33716 		  PC Public charity de SUPPORT AHA HEROES SUMMER CAMP 52,500

AMERICAN RED CROSS

1250 NORTHPOINT PKWY
WEST PALM BEACH,FL33407 		  PC Public charity de AID PALM BCH CNTY DISASTER VICTIMS 100,000

CANCER ALLIANCE OF HELP & HOPE INC

44 COCONUT ROW Ste T10
PALM BEACH,FL33480 		  PC Public charity de SPONSOR 2025 LUNCHEON RECEPTION 25,000

ELIZABETH H FAULK FOUNDATION

22455 BOCA RIO BLVD
BOCA RATON,FL33433 		  PC Public charity de SUPPORT APA APPROVED INTERNSHIP PROG 75,000

FRIENDS OF WLRN INC

172 NE 15TH STREET
MIAMI,FL33132 		  PC Public charity de 2025 PUBLIC RADIO CLASSICAL MUSIC 50,000

GULF STREAM COUNCIL OF BSA

8335 N MILITARY TRAIL
PALM BEACH GARDENS,FL33410 		  PC Public charity de SUPPORT SCOUT CAMPS 50,000

NORTON MUSEUM OF ART

1450 S DIXIE HIGHWAY
WEST PALM BEACH,FL33401 		  PC Public charity de ART AFTER DARK 2024-2025 SEASON 50,000

PALM BEACH SYMPHONY

700 S DIXIE HIGHWAY Ste 100
WEST PALM BEACH,FL33401 		  PC Public charity de MAESTRO GRAND BENEFACTORGALA SPON 35,000

PATH TO COLLEGE

313 DATURA STREET Ste 200
WEST PALM BEACH,FL33401 		  PC Public charity de SUPPORT CATAPULT BUILDING CAMPAIGN 50,000

SCHOOL OF THE ARTS FOUNDATION

501 S SAPODILLA AVENUE
WEST PALM BEACH,FL33401 		  PC Public charity de SUPPORT ADJUNCT ARTIST EDUC PROG 50,000

SHRINERS HOSPITALS FOR CHILDREN

3551 N BROAD STEET
PHILADELPHIA,PA19140 		  PC Public charity de MULTITOM RAX & MUSIC THERAPY PROG 150,000

SOUHT FLORIDA PBS INC

32401 S CONGRESS AVENUE
BOYNTON BEACH,FL33426 		  PC Public charity de UNDERWRITE PUBLIC TV FOR 2025 155,000

ST JUDE CHLDREN'S HOSPITAL

501 ST JUDE PLACE
MEMPHIS,TN38105 		  PC Public charity de FUND PARENT ROOM 50,000

TRUSTBRIDGE HOSPICE FOUNDATION

5300 EAST AVENUE
WEST PALM BEACH,FL33407 		  PC Public charity de MUSIC THERAPY INTERNSHIP PROGRAM 90,000

UPPER CHICHESTER LIBRARY

3374 CHICHESTER AVENUE Ste 19
UPPER CHICHESTER,PA19061 		  PC Public charity de SUPPORT NEW BUILDING PROJECT 25,000
Total .................................right arrow 3a 1,142,500
bApproved for future payment

AMERICAN RED CROSS
1250 NORTHPOINT PKWY
WEST PALM BEACH,FL33407 		  PC Public charity de AID PALM BCH CNTY DISASTER VICTIMS 400,000

ELIZABETH H FAULK FOUNDATION
22455 BOCA RIO BLVD
BOCA RATON,FL33433 		  PC Public charity de SUPPORT APA APPROVED INTERNSHIP PROG 195,000

PATH TO COLLEGE
313 DATURA STREET Ste 200
WEST PALM BEACH,FL33401 		  PC Public charity de SUPPORT CATAPULT BUILDING CAMPAIGN 100,000

ST JUDE CHILDREN'S HOSPITAL
501 ST JUDE PLACE
MEMPHIS,TN38105 		  PC Public charity de FUND PARENT ROOM 100,000
Total ................................. right arrow 3b 795,000
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 ........... 		    14 10  
4 Dividends and interest from securities ....     14 475,280  
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 ............ 		    18 482,309  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   957,599  
13Total. Add line 12, columns (b), (d), and (e)..................
13
957,599
(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 CompensationExplanation
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Person Name Explanation
ROBERT J LISZEWSKI ADDITIONAL COMPENSATION FOR MAINTAINING ACCOUNTING RECORDS, PROCESSING GRANTS AND PREPARING TAX FILINGS.

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

TY 2024 GainLossSaleOtherAssetsSch
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
PUBLIC SEC PART IV         4,413,547 3,931,238     482,309  

TY 2024 InvestmentsCorpBondsSchedule
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Name of Bond End of Year Book Value End of Year Fair Market Value
CS DOUBLELINE TOTAL RETURN BD FD 1,025,551 1,002,831
NT MFB NORTHERN HI YLD FXD INC FD 259,256 245,656

TY 2024 InvestmentsCorpStockSchedule
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Name of Stock End of Year Book Value End of Year Fair Market Value
CS ALPHABET INC CL A 72,148 378,600
CS APPLE INC 23,671 250,420
CS BERKSHIRE HATHAWAY INC CL B 119,838 190,378
CS CHEVRON CORP 119,403 144,840
CS GENERAL DYNAMICS CORP 50,644 168,634
CS HONEYWELL INTL INC 93,647 137,793
CS ISHARES PREF INCOME SEC 729,952 605,220
CS ISHARES RUSSELL 2000 313,521 394,414
CS ISHARES 13 YEAR TREAS BD ETF 218,074 221,346
CS JOHNSON AND JOHNSON 147,804 216,930
CS JP MORGAN CHASE CO 69,781 287,652
CS MCDONALDS CORP 84,400 144,945
CS MERCK CO INC 95,473 169,116
CS MICROSOFT CORP 39,549 406,747
CS PROCTOR AND GAMBLE 124,819 167,650
CS SALESFORCE 165,755 208,956
CS SCHLUMBERGER LTD 162,757 135,378
CS SCHWAB MMKT 106,360 106,360
CS SIMPLIFY MBS ETF 89,579 87,951
CS SPDR SP BIOTECH ETF IV 180,902 140,494
CS WALMART 132,961 271,050
CS WALT DISNEY CO 112,377 111,350
CS WASTE MANAGEMENT 91,684 201,790
EW ACCENTURE PLC CL A 140,908 175,895
EW ADOBE INC 122,909 166,755
EW ALPHABET INC CL A 83,169 283,950
EW AMAZONCOM INC 140,898 329,085
EW APPLE INC 164,400 375,630
EW BLACKROCK INC CL A 122,747 256,278
EW BLACKSTONE INC 56,262 215,525
EW BUILDERS FIRSTSOURCE INC 218,090 178,662
EW CHEVRON CORP 140,344 144,840
EW COSTCO WHOLESALE CORP NEW 111,952 206,161
EW FT BHVRL SM CAP EQ INST 482,340 625,640
EW GENERAC HOLDINGS 111,426 155,050
EW HOME DEPOT INC 86,602 194,495
EW JP MORGAN CHASE CO 87,132 239,710
EW MASTERCARD INC CL A 77,924 184,299
EW META PLATFORMS INC CL A 80,041 234,204
EW MICROSOFT CORP 162,793 295,050
EW MORGAN STANLEY 75,694 188,580
EW NETFLIX INC 72,008 289,679
EW NEXTERA ENERGY INC 141,058 161,302
EW NVIDIA CORP 30,499 268,580
EW SP GLOBAL INC 121,798 161,860
EW SPDR GOLD TRUST 472,190 823,242
EW THERMO FISHER SCIENTIFIC INC 132,614 143,063
EW UNITEDHEALTH GROUP INC 138,331 151,758
EW VANGUARD FTSE DEVELOPED MARKETS ETF 303,738 286,920
EW VANGUARD FTSE EMERGING MARKETS ETF 295,985 286,260
NT ABBOTT LABS 277,507 276,554
NT ADVANCED MICRO DEVICES INC 214,914 226,481
NT ALPHABET INC CL A 207,003 450,534
NT AMAZONCOM INC 181,473 336,764
NT APPLE INC 86,750 291,739
NT BERKSHIRE HATHAWAY INC CL B 131,384 294,632
NT COCA COLA CO 78,685 105,531
NT EXXON MOBIL CORP 96,136 161,355
NT GENERAL DYNAMICS CORP 152,441 229,236
NT HOME DEPOT INC 45,302 70,018
NT MASTERCARD INC CL A 101,236 171,135
NT MICROSOFT CORP 184,371 349,845
NT NORFOLK SOUTHERN CORP 123,651 133,779
NT ORACLE CORP 98,259 143,310
NT PAYPAL HLDGS INC 238,445 140,401
NT SPDR GOLD TRUST 1,629,386 3,510,885
NT TJX COS INC 55,685 105,105

TY 2024 InvestmentsGovtObligationsSch
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
US Government Securities - End of Year Book Value:

792,987
US Government Securities - End of Year Fair Market Value:

792,987
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 InvestmentsGovtObligationsSch
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
US Government Securities - End of Year Book Value:

792,987
US Government Securities - End of Year Fair Market Value:

792,987
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 InvestmentsGovtObligationsSch
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
US Government Securities - End of Year Book Value:

792,987
US Government Securities - End of Year Fair Market Value:

792,987
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 InvestmentsGovtObligationsSch
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
US Government Securities - End of Year Book Value:

792,987
US Government Securities - End of Year Fair Market Value:

792,987
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 OtherAssetsSchedule
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
EW FORM 1099 DIV RECD NEXT YEAR 1,853 2,182 2,182
NT FORM 1099 DIV RECD NEXT YEAR 73 188 188
CS FORM 1099 OID ACCRUED INTEREST 30,561 31,000 31,000
CS FORM 1099 PROCEEDS RECD NEXT YEAR 1,072 6,917 6,917
CS FORM 1099 NET INT RECD NEXT YEAR 2,489 1,925 1,925


TY 2024 OtherExpensesSchedule
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
IA FEES NORTHERN TR 38,825 38,825    
IA FEES EDGE WEALTH MGMT 67,713 67,713    
IA FEES EVERCORE WEALTH 36,938 36,938    
ACCT FEES NORTHERN TR 30 21   9
ACCT FEES SCHWAB 25 16   9
ADR FEES EVERCORE WEALTH 13 13    
DO LIABILITY INSURANCE 2,828 1,980   848
GLD SHS INVEST EXP NORTHERN 13,570 13,570    
GLD SHS INVEST EXP EVERCORE 3,469 3,469    
GNMA POOL INVEST EXP SCHWAB 2,371 2,371    


TY 2024 TaxesSchedule
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX DIV EW 1,720 1,720    
ESTIMATED TAX 2024 990PF 10,000