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
RAY & VERA CONNIFF FOUNDATION 51645983
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1929
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FORT MILL, SC29716
A Employer identification number

47-7041724
B Telephone number (see instructions)

(216) 771-6960
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$24,772,777J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 734,263 619,704  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,258,160
b Gross sales price for all assets on line 6a 17,476,119
7 Capital gain net income (from Part IV, line 2)... 1,258,160
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,992,423 1,877,864  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 59,639 29,819   29,819
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
1,893 946 0 946
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
500 500 0 0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
237,732 237,732   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,387 612   25
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
19,513 19,513    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 320,664 289,122 0 30,790
25 Contributions, gifts, grants paid....... 788,000 788,000
26 Total expenses and disbursements. Add lines 24 and 25 1,108,664 289,122 0 818,790
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 883,759
b Net investment income (if negative, enter -0-) 1,588,742
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......... 38,375 283,013 283,013
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 15,571,517 Click to see attachment
List of Attached Documents:
// Content
15,635,556 		21,862,705
c Investments—corporate bonds (attach schedule)....... 2,532,833 Click to see attachment
List of Attached Documents:
// Content
2,947,718 		2,627,059
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,142,725 18,866,287 24,772,777
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 18,142,725 18,866,287
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)..... 18,142,725 18,866,287
30 Total liabilities and net assets/fund balances (see instructions). 18,142,725 18,866,287
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
18,142,725
2
Enter amount from Part I, line 27a .....................
2
883,759
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3,465
4
Add lines 1, 2, and 3 ..........................
4
19,029,949
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
163,662
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
18,866,287
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 1000. AMAZON.COM   2021-03-08 2024-01-03
b 5. CALL NETFLIX $500.00 01/19/24   2023-11-20 2024-01-11
c 5. CALL NETFLIX $500.00 01/19/24   2023-11-20 2024-01-11
d 20. CALL PALO ALTO NETWORKS $320.00 02/16/24   2023-12-12 2024-01-11
e 20. CALL PALO ALTO NETWORKS $320.00 02/16/24   2023-12-12 2024-01-11
500. BOEING CO.   2023-04-03 2024-01-12
.37 GNMA POOL #688013 5.00% 10/15/38   2018-01-07 2024-01-15
250000. GENERAL MTRS FINL CO INC SR NT 5.1% 1/17/24   2019-01-23 2024-01-17
10. CALL TESLA INC $275.00 01/19/23   2023-11-28 2024-01-22
5000. ANNOVIS BIO INC/SH   2023-12-28 2024-01-24
500. ALPHABET INC CLASS A   2020-12-10 2024-01-29
4000. CISCO SYSTEMS INC.   2022-08-16 2024-01-29
500. META PLATFORMS INC CL A   2023-07-12 2024-01-29
200. PALO ALTO NETWORKS, INC.   2022-12-01 2024-01-29
250000. US TREASURY NTS 2.50% 1/31/24   2023-05-04 2024-01-31
1800. ARK ETF TR - ARK INNOVATION ETF   2023-12-28 2024-02-05
10. CALL PALO ALTO NETWORKS $365.00 02/23/24   2024-01-22 2024-02-09
10. CALL PALO ALTO NETWORKS $365.00 02/23/24   2024-01-22 2024-02-09
10. CALL PALO ALTO NETWORKS $365.00 02/23/24   2024-01-22 2024-02-09
.37 GNMA POOL #688013 5.00% 10/15/38   2018-01-07 2024-02-15
5. CALL NVIDIA CORP $700.00 02/23/24   2024-02-02 2024-02-16
20. CALL META PLATFORMS INC $500.00 02/23/24   2024-02-02 2024-02-26
5. CALL NVIDIA CORP $800.00 02/23/24   2024-02-16 2024-02-26
7011. ANNOVIS BIO INC/SH   2024-01-22 2024-02-29
17. ANNOVIS BIO INC/SH   2024-01-17 2024-02-29
140. ANNOVIS BIO INC/SH   2024-01-17 2024-02-29
400. ANNOVIS BIO INC/SH   2024-01-17 2024-02-29
101. ANNOVIS BIO INC/SH   2024-01-17 2024-02-29
100. ANNOVIS BIO INC/SH   2024-01-17 2024-02-29
2231. ANNOVIS BIO INC/SH   2024-01-17 2024-02-29
500000. US T NOT 1.5000% 02/29/24   2023-02-23 2024-02-29
1500. TESLA MOTORS, INC.   2023-12-01 2024-03-04
5. CALL NVIDIA CORP $850.00 03/28/24   2024-02-26 2024-03-04
5. CALL NVIDIA CORP $900.00 03/08/24   2024-03-04 2024-03-07
10. CALL NVIDIA CORP $900.00 03/28/24   2024-02-26 2024-03-07
.41 GNMA POOL #688013 5.00% 10/15/38   2018-01-07 2024-03-15
1500. MFC ISHARES TR DOW JONES AEROSPACE   2023-12-13 2024-04-09
113. ABBVIE, INC.   2023-01-13 2024-04-10
387. ABBVIE, INC.   2023-01-13 2024-04-10
400. ALPHABET INC CLASS A   2020-12-10 2024-04-10
5000. BANK OF AMERICA CORPORATION   2022-06-24 2024-04-10
12050. ISHARES TR EMERGING MARKETS INDEX   2023-02-24 2024-04-10
6885. ISHARES TR EUROPE AND FAR EAST INDEX FD   2023-01-17 2024-04-10
500. J P MORGAN CHASE & CO.   2023-06-09 2024-04-10
500. J P MORGAN CHASE & CO.   2021-11-08 2024-04-10
100. LOCKHEED MARTIN CORP.   2023-05-19 2024-04-10
700. LOCKHEED MARTIN CORP.   2022-04-25 2024-04-10
1000. UNITEDHEALTH GROUP INC   2021-01-08 2024-04-10
.45 GNMA POOL #688013 5.00% 10/15/38   2018-01-07 2024-04-15
400. AEROVIRONMENT, INC.   2023-12-14 2024-04-23
1000. CROCS INC.   2023-11-27 2024-04-23
200. NVIDIA CORP   2023-02-07 2024-04-23
2000. OCCIDENTAL PETROLEUM   2022-08-22 2024-04-23
2000. DEVON ENERGY CORP   2023-05-19 2024-04-24
2000. DEVON ENERGY CORP   2022-11-03 2024-04-24
200. VERTEX PHARMACEUTICALS INC.   2022-10-21 2024-04-24
3. CALL SUPER MICRO $850.00 05/03/24   2024-04-24 2024-04-24
5000. DESTINY TECH 10/SH   2024-04-23 2024-04-26
3000. WISDOMTREE FLOATING RATE TREASURY FUND NEW   2024-02-29 2024-04-26
5. CALL SUPER MICRO $850.00 05/03/24   2024-04-24 2024-04-26
250000. U S TREASURY NT 2.250% 4/30/24   2023-05-04 2024-04-30
13. CALL NVIDIA CORP $900.00 05/03/24   2024-04-26 2024-05-06
7. CALL SUPER MICRO $900.00 05/03/24   2024-04-26 2024-05-06
.38 GNMA POOL #688013 5.00% 10/15/38   2018-01-07 2024-05-15
100. WISDOMTREE FLOATING RATE TREASURY FUND NEW   2024-05-06 2024-05-15
7. CALL SUPER MICRO $875.00 05/31/24   2024-05-06 2024-05-15
7. CALL SUPER MICRO $950.00 05/31/24   2024-05-15 2024-05-22
1000. CROCS INC.   2022-08-08 2024-05-24
3000. NVIDIA CORP   2023-02-07 2024-06-10
.45 GNMA POOL #688013 5.00% 10/15/38   2018-01-07 2024-06-15
1500. ADVANCED MICRO DEVICES INC COM   2023-05-19 2024-07-05
21123. NUVEEN FLOATING RATE INCOME FUND   2024-07-01 2024-07-10
18200. NUVEEN FLOATING RATE INCOME FUND   2024-04-15 2024-07-10
1460. NUVEEN FLOATING RATE INCOME FUND   2024-04-15 2024-07-10
.73 NUVEEN FLOATING RATE INCOME FUND   2024-04-15 2024-07-10
1400. SNOWFLAKE INC. CL A   2024-05-24 2024-07-10
9234. WISDOMTREE FLOATING RATE TREASURY FUND NEW   2024-05-06 2024-07-10
.38 GNMA POOL #688013 5.00% 10/15/38   2018-01-07 2024-07-15
1000. ALIBABA GROUP HOLDING   2023-08-10 2024-07-18
700. CHEVRON CORPORATION   2023-03-13 2024-07-18
200. CHEVRON CORPORATION   2023-03-13 2024-07-18
100. CHEVRON CORPORATION   2023-03-13 2024-07-18
917. CROCS INC.   2022-04-07 2024-07-18
83. CROCS INC.   2022-04-07 2024-07-18
200. HOME DEPOT INC.   2022-08-09 2024-07-18
100. SUPER MICRO COMPUTER, INC.   2024-04-26 2024-07-18
100. VERTEX PHARMACEUTICALS INC.   2022-10-21 2024-07-18
3000. WISDOMTREE FLOATING RATE TREASURY FUND NEW   2024-02-29 2024-07-18
1000. CRISPR THERAPEUTICS AG   2023-11-27 2024-07-18
500. AEROVIRONMENT, INC.   2023-12-14 2024-07-26
300. PALO ALTO NETWORKS, INC.   2022-12-01 2024-07-26
300. PALO ALTO NETWORKS, INC.   2022-12-01 2024-07-29
200. UNITED RENTALS INC.   2023-12-01 2024-07-29
500. ABBVIE, INC.   2023-01-13 2024-08-01
1000. CHEVRON CORPORATION   2023-03-13 2024-08-01
500. COCA-COLA CO.   2024-04-10 2024-08-01
1620. PAYPAL HOLDINGS, INC.   2023-11-27 2024-08-01
1863. PAYPAL HOLDINGS, INC.   2022-12-15 2024-08-01
168. PAYPAL HOLDINGS, INC.   2023-11-27 2024-08-01
212. PAYPAL HOLDINGS, INC.   2023-11-27 2024-08-01
137. PAYPAL HOLDINGS, INC.   2020-03-19 2024-08-01
2000. CHEVRON CORPORATION   2022-02-16 2024-08-07
4600. WISDOMTREE FLOATING RATE TREASURY FUND NEW   2024-02-29 2024-08-07
3000. ALIBABA GROUP HOLDING   2022-12-09 2024-08-08
.42 GNMA POOL #688013 5.00% 10/15/38   2018-01-07 2024-08-15
250. WISDOMTREE FLOATING RATE TREASURY FUND NEW   2024-02-29 2024-08-22
315000. US TREASURY NOTE 1.250% DUE 08/31/2024   2023-09-11 2024-09-03
1500. ALPS ETF TR ALERIAN MLP   2021-11-08 2024-09-11
500. AUTODESK INC.   2024-07-05 2024-09-11
200. META PLATFORMS INC CL A   2024-04-26 2024-09-11
1000. VIKING THERAPEUTICS INC   2024-03-26 2024-09-11
3816. WISDOMTREE FLOATING RATE TREASURY FUND NEW   2024-08-01 2024-09-11
.43 GNMA POOL #688013 5.00% 10/15/38   2018-01-07 2024-09-15
6000. OCCIDENTAL PETROLEUM   2023-03-16 2024-09-19
545. NOVO-NORDISK A/S ADR   2024-03-15 2024-09-23
40. NOVO-NORDISK A/S ADR   2024-03-15 2024-09-23
1415. NOVO-NORDISK A/S ADR   2024-04-17 2024-09-23
1500. QUALCOMM INC.   2024-08-07 2024-09-23
5. CALL META PLATFORMS INC $565.00 09/27/24   2024-09-20 2024-09-25
800. SUPER MICRO COMPUTER, INC.   2024-08-07 2024-09-26
250000. US T NOTE 4.8750% 11/30/25   2024-04-12 2024-10-04
10. CALL META PLATFORMS INC $580.00 10/11/24   2024-09-25 2024-10-04
500. COCA-COLA CO.   2024-04-10 2024-10-09
1395. COCA-COLA CO.   2020-08-31 2024-10-09
1200. COCA-COLA CO.   2020-08-31 2024-10-09
400. COCA-COLA CO.   2020-08-31 2024-10-09
5. COCA-COLA CO.   2020-08-31 2024-10-09
10. CALL META PLATFORMS INC $590.00 10/18/24   2024-10-04 2024-10-14
.45 GNMA POOL #688013 5.00% 10/15/38   2018-01-07 2024-10-15
3764. DOW INC   2021-10-11 2024-10-18
236. DOW INC   2020-04-01 2024-10-18
2500. CRISPR THERAPEUTICS AG   2023-06-09 2024-10-18
500. SHOPIFY INC.   2023-11-28 2024-10-24
4899. VERIZON COMMUNICATIONS   2023-12-13 2024-10-29
1800. VERIZON COMMUNICATIONS   2023-12-13 2024-10-29
2600. VERIZON COMMUNICATIONS   2023-12-13 2024-10-29
701. VERIZON COMMUNICATIONS   2023-12-13 2024-10-29
9. CALL SALESFORCE.COM INC $285.00 11/29/24   2024-10-24 2024-10-29
11. CALL CROWDSTRIKE $325.00 11/22/24   2024-10-24 2024-10-29
20. CALL DELL TECHS INC $120.00 11/29/24   2024-10-24 2024-10-30
20. CALL DELL TECHS INC $135.00 12/20/24   2024-10-30 2024-11-01
100. UNITED RENTALS INC.   2023-08-10 2024-11-05
1000. CRISPR THERAPEUTICS AG   2024-08-08 2024-11-05
1500. CRISPR THERAPEUTICS AG   2023-11-01 2024-11-05
9. CALL SALESFORCE.COM INC $300.00 11/08/24   2024-10-29 2024-11-07
9000. KRANESHARES CSI CHINA INTENET ETF   2024-10-18 2024-11-08
11. CALL CROWDSTRIKE $325.00 11/22/24   2024-10-29 2024-11-11
2. CALL UNITED RENTALS INC $885.00 11/08/24   2024-11-06 2024-11-11
200. UNITED RENTALS INC.   2023-08-10 2024-11-12
7. CALL NETFLIX INC $800.00 11/29/24   2024-10-18 2024-11-13
.47 GNMA POOL #688013 5.00% 10/15/38   2018-01-07 2024-11-15
20. CALL VIKING THERAPEUTICS $75.00 01/17/25   2024-10-24 2024-11-19
20. CALL CATERPILLAR INC $420.00 12/06/24   2024-11-06 2024-11-21
20. PUT CATERPILLAR INC $400.00 01/17/24   2024-11-07 2024-11-21
7. CALL NETFLIX INC $850.00 12/06/24   2024-11-19 2024-11-21
900. ALIBABA GROUP HOLDING   2024-10-02 2024-11-25
1467. ALIBABA GROUP HOLDING   2022-11-11 2024-11-25
500. ALIBABA GROUP HOLDING   2022-11-11 2024-11-25
33. ALIBABA GROUP HOLDING   2022-10-26 2024-11-25
500. APPLE INC.   2024-07-10 2024-11-25
300. META PLATFORMS INC CL A   2024-04-26 2024-11-25
500. META PLATFORMS INC CL A   2023-05-19 2024-11-25
2500. ISHARES TR NASDAQ BIOTECHNOLOGY INDEX FD   2024-04-10 2024-11-25
500. ELI LILLY & CO.   2024-01-29 2024-11-25
100. NETFLIX INC.   2024-04-10 2024-11-25
2000. NVIDIA CORP   2022-08-10 2024-11-25
2000. VIKING THERAPEUTICS INC   2024-07-26 2024-11-25
18. CALL NUCOR CORP $170.00 11/22/24   2024-11-06 2024-11-25
15. CALL TESLA INC $400.00 01/17/24   2024-11-08 2024-12-10
.39 GNMA POOL #688013 5.00% 10/15/38   2018-01-07 2024-12-15
500. ADOBE SYSTEMS INC.   2023-12-14 2024-12-16
1300. FIRST SOLAR INC   2024-10-18 2024-12-16
35. PUT SHOPIFY INC CL A $110.00 12/13/24   2024-11-12 2024-12-16
5. CALL UNITED RENTALS INC $900.00 12/13/24   2024-11-06 2024-12-16
20. CALL TESLA INC $450.00 01/03/25   2024-12-11 2024-12-18
11. CALL AEROVIRONMENT INC $240.00 12/20/24   2024-10-10 2024-12-23
10. CALL META PLATFORMS INC $625.00 12/20/24   2024-10-10 2024-12-23
9. CALL SALESFORCE.COM INC $365.00 12/27/24   2024-12-04 2024-12-30
(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 149,394   152,775 -3,381
b 7,500   1,420 6,080
c 7,500   5,568 1,932
d 24,300   29,000 -4,700
e 24,300   51,444 -27,144
109,666   107,240 2,426
    5 -5
250,000   249,946 54
6,056     6,056
47,549   89,120 -41,571
76,280   43,977 32,303
208,441   186,917 21,524
200,130   153,167 46,963
68,843   35,738 33,105
250,000   245,898 4,102
81,188   97,137 -15,949
10,500   26,340 -15,840
10,500   26,800 -16,300
10,500   37,520 -27,020
    5 -5
9,190   29,150 -19,960
15,520     15,520
9,305     9,305
59,039   93,542 -34,503
144   194 -50
1,183   1,601 -418
3,392   4,574 -1,182
857   1,155 -298
851   1,144 -293
18,963   25,514 -6,551
500,000   482,520 17,480
285,128   341,975 -56,847
12,543   24,255 -11,712
3,865   12,530 -8,665
14,020   61,900 -47,880
    6 -6
194,465   186,801 7,664
19,027   17,252 1,775
65,174   59,083 6,091
62,058   35,181 26,877
183,104   191,421 -8,317
494,890   494,062 828
537,095   486,874 50,221
97,141   70,798 26,343
97,141   81,793 15,348
44,306   45,517 -1,211
310,143   320,467 -10,324
451,132   301,095 150,037
    7 -7
63,239   51,878 11,361
127,896   98,184 29,712
163,802   44,353 119,449
134,344   140,630 -6,286
104,449   98,997 5,452
104,449   123,974 -19,525
80,623   59,224 21,399
13,392   19,101 -5,709
94,999   146,350 -51,351
150,934   150,922 12
19,270   33,690 -14,420
250,000   244,385 5,615
19,500     19,500
32,970     32,970
    6 -6
5,045   5,038 7
24,500   46,753 -22,253
29,610   15,904 13,706
149,454   74,515 74,939
365,780   66,530 299,250
    7 -7
259,073   156,829 102,244
186,617   183,136 3,481
160,703   156,382 4,321
12,896   12,452 444
6   6  
191,853   216,621 -24,768
465,205   464,960 245
    6 -6
76,728   99,265 -22,537
114,578   116,160 -1,582
32,735   31,180 1,555
16,369   15,590 779
120,594   66,629 53,965
10,923   6,031 4,892
74,034   60,768 13,266
78,771   85,355 -6,584
49,158   29,612 19,546
151,320   150,922 398
57,571   70,807 -13,236
86,125   64,847 21,278
97,178   53,607 43,571
97,448   53,607 43,841
150,254   100,872 49,382
94,397   76,335 18,062
155,551   155,640 -89
33,409   29,354 4,055
108,132   91,675 16,457
124,352   166,157 -41,805
11,214   9,507 1,707
14,152   11,997 2,155
9,145   1,225 7,920
289,612   258,364 31,248
231,443   231,414 29
239,873   275,955 -36,082
    6 -6
12,608   12,577 31
315,000   302,720 12,280
70,033   53,146 16,887
128,225   123,970 4,255
101,184   87,754 13,430
59,429   84,012 -24,583
191,986   191,948 38
    7 -7
311,574   364,279 -52,705
67,632   72,141 -4,509
4,964   5,295 -331
175,611   179,233 -3,622
249,038   278,477 -29,439
350   4,750 -4,400
316,791   576,299 -259,508
252,070   249,502 2,568
9,770   14,280 -4,510
34,854   29,354 5,500
97,243   69,136 28,107
83,650   59,472 24,178
27,883   19,824 8,059
349   248 101
12,460   8,650 3,810
    7 -7
200,094   148,778 51,316
12,546   6,562 5,984
121,927   141,204 -19,277
39,469   36,710 2,759
203,352   181,649 21,703
74,718   66,742 7,976
107,926   96,405 11,521
29,101   25,992 3,109
11,250   18,153 -6,903
15,455   17,589 -2,134
17,492   33,800 -16,308
21,054   18,760 2,294
79,376   48,327 31,049
49,499   47,635 1,864
74,248   67,964 6,284
4,950   9,720 -4,770
287,183   299,595 -12,412
9,042   22,825 -13,783
2,484     2,484
173,583   94,804 78,779
6,615   22,855 -16,240
    7 -7
24,119   4,040 20,079
19,999   1,460 18,539
35,859   24,080 11,779
14,000   37,023 -23,023
77,164   99,934 -22,770
125,777   109,591 16,186
42,869   33,131 9,738
2,830   2,176 654
115,174   115,593 -419
167,850   131,631 36,219
279,750   122,430 157,320
350,740   328,200 22,540
374,410   321,404 53,006
86,642   61,467 25,175
273,152   35,654 237,498
104,055   136,369 -32,314
10,080     10,080
16,410   49,425 -33,015
    6 -6
231,824   272,778 -40,954
249,255   282,063 -32,808
    12,705 -12,705
13,735     13,735
31,399   98,620 -67,221
11,000     11,000
25,499     25,499
8,010     8,010
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       -3,381
b       6,080
c       1,932
d       -4,700
e       -27,144
      2,426
      -5
      54
      6,056
      -41,571
      32,303
      21,524
      46,963
      33,105
      4,102
      -15,949
      -15,840
      -16,300
      -27,020
      -5
      -19,960
      15,520
      9,305
      -34,503
      -50
      -418
      -1,182
      -298
      -293
      -6,551
      17,480
      -56,847
      -11,712
      -8,665
      -47,880
      -6
      7,664
      1,775
      6,091
      26,877
      -8,317
      828
      50,221
      26,343
      15,348
      -1,211
      -10,324
      150,037
      -7
      11,361
      29,712
      119,449
      -6,286
      5,452
      -19,525
      21,399
      -5,709
      -51,351
      12
      -14,420
      5,615
      19,500
      32,970
      -6
      7
      -22,253
      13,706
      74,939
      299,250
      -7
      102,244
      3,481
      4,321
      444
       
      -24,768
      245
      -6
      -22,537
      -1,582
      1,555
      779
      53,965
      4,892
      13,266
      -6,584
      19,546
      398
      -13,236
      21,278
      43,571
      43,841
      49,382
      18,062
      -89
      4,055
      16,457
      -41,805
      1,707
      2,155
      7,920
      31,248
      29
      -36,082
      -6
      31
      12,280
      16,887
      4,255
      13,430
      -24,583
      38
      -7
      -52,705
      -4,509
      -331
      -3,622
      -29,439
      -4,400
      -259,508
      2,568
      -4,510
      5,500
      28,107
      24,178
      8,059
      101
      3,810
      -7
      51,316
      5,984
      -19,277
      2,759
      21,703
      7,976
      11,521
      3,109
      -6,903
      -2,134
      -16,308
      2,294
      31,049
      1,864
      6,284
      -4,770
      -12,412
      -13,783
      2,484
      78,779
      -16,240
      -7
      20,079
      18,539
      11,779
      -23,023
      -22,770
      16,186
      9,738
      654
      -419
      36,219
      157,320
      22,540
      53,006
      25,175
      237,498
      -32,314
      10,080
      -33,015
      -6
      -40,954
      -32,808
      -12,705
      13,735
      -67,221
      11,000
      25,499
      8,010
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,258,160
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 22,084
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 22,084
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 22,084
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 3,610
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,610
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 18,474
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowTHE PRIVATE TRUST COMPANY NA Telephone no.right arrow (216) 771-6960

Located atright arrow1422 EUCLID AVE STE 1130CLEVELANDOH ZIP+4right arrow44115
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
THE PRIVATE TRUST COMPANY NA CO-TRUSTEE
4 		59,639    
PO BOX 1929
FORT MILL,SC29716
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
24,274,038
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
24,274,038
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
24,274,038
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
364,111
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
23,909,927
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,195,496
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
1,195,496
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
22,084
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
22,084
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,173,412
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,173,412
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
1,173,412
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
818,790
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
818,790
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 1,173,412
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 968,159
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
b From 2020...... 0
c From 2021...... 0
d From 2022...... 0
e From 2023...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 818,790
a Applied to 2023, but not more than line 2a 818,790
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..... 0
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		149,369
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		1,173,412
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 0
e Excess from 2024.... 0
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 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

SMITHSONIAN MASTER JAZZ ORCHESTRA

19 14TH STREET CONSTITUTION AVENU
WASHINGTON,DC205600619 		NONE PC GENERAL SUPPORT 40,000

KAUFMAN MUSIC CENTER

129 WEST 67TH STREET
New York,NY10023 		NONE PC GENERAL SUPPORT 50,000

ATTLEBORO ARTS MUSEUM

86 PARK STREET
ATTLEBORO,MA02703 		NONE PC TO FUND MUSIC AT ALL THE 6,000

ATTLEBORO SCHOLARSHIP FOUNDATION

PO BOX 1666
ATTLEBORO,MA02703 		NONE PC ANNUAL SCHOLARSHIP FOR 3,000

EASTMAN SCHOOL OF MUSIC UNIVERSITY OF
ROCHESTER
26 GIBBS ST
ROCHESTER,NY14604 		NONE PC GENERAL PURPOSE 166,000

WOUNDED WARRIOR PROJECT

P O BOX 75816
TOPEKA,KS66675 		NONE PC GENERAL FINANCIAL SUPPORT 2,000

ATTLEBORO MUSIC PARENTS ASSOCIATION

100 RATHBUN WILLARD DRIVE
ATTLEBORO,MA02703 		NONE PC GENERAL SUPPORT 3,000

MEALS ON WHEELS

1550 CRYSTAL DRIVE SUITE 1004
ARLINGTON,VA22202 		NONE PC GENERAL FINANCIAL SUPPORT 3,000

GRAMMY MUSEUM FOUNDATION

800 W OLYMPIC BLVD STE A245
LOS ANGELES,CA90015 		NONE PC GENERAL SUPPORT 50,000

ORDINARY HERO FOUNDATION

PO BOX 1945
BRENTWOOD,TN37024 		NONE PC GENERAL SUPPORT 40,000

MANA MAOLI

1202 PROSPECT ST
HONOLULU,HI96822 		NONE PC GENERAL PURPOSE 50,000

ONE LOVE SKATE

30 MANU STREET
KULA,HI96790 		NONE PC GENERAL SUPPORT 10,000

HERBIE HANCOCK INSTITUTE OF JAZZ

5225 WISCONSIN AVENUE NWSUITE 60
WASHINGTON,DC20015 		NONE PC GENERAL SUPPORT 50,000

AMERICAN BATTLEFIELD TRUST

1156 15TH ST NW SUITE 900
WASHINGTON,DC20005 		  PC GENERAL SUPPORT 40,000

ST JUDES CHILDRENS RESEARCH HOSPITAL

501 ST JUDE PLACE
MEMPHIS,TN38105 		NONE PC GENERAL FINANCIAL SUPPORT 5,000

NASHVILLE JAZZ WORKSHOP

1012 BUCHANAN STREET
NASHVILLE,TN37208 		NONE PC GENERAL SUPPORT 10,000

MAKE LIFE SKATE LIFE

PO BOX 1265
RIDGEWAY,CO81432 		NONE PC GENERAL SUPPORT 80,000

KAHAKUKAHI FOUNDATION

657 KAI HELE KU ST
LAHAINA,HI96761 		NONE PC GENERAL SUPPORT 25,000

CEDARS-SINAI MEDICAL CENTER

8700 BEVERLY BLVD STE 2416
LOS ANGELES,CA90048 		NONE PC FOR DR TAGLIATI RESEARCH 5,000

CHILDRENS HOSPITAL LOS ANGELES

4650 SUNSET BOULEVARD
LOS ANGELES,CA90027 		NONE PC GENERAL FINANCIAL SUPPORT 5,000

GREATER LOS ANGELES ZOO ASSOCIATION

5333 ZOO DRIVE
LOS ANGELES,CA90027 		NONE PC GENERAL SUPPORT 90,000

MUSICARES FOUNDATION

3030 OLYMPIC BLVD
SANTA MONICA,CA90404 		NONE PC GENERAL FINANCIAL SUPPORT 30,000

KA HALE A KE OLA HOMELESS RESOURCE CTR

670 WAIALE ROAD
WAILUKU,HI96793 		NONE PC FINANCIAL SUPPORT 20,000

PAIA YOUTH COUNCIL INC

PO BOX 790999
PAIAH,HI96779 		NONE PC GENERAL SUPPORT 5,000
Total .................................right arrow 3a 788,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 734,263  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,258,160  
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) ..   1,992,423  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,992,423
(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:
RAY & VERA CONNIFF FOUNDATION 51645983
EIN:
47-7041724
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 500 500    

TY 2024 InvestmentsCorpBondsSchedule
Name:
RAY & VERA CONNIFF FOUNDATION 51645983
EIN:
47-7041724
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS    
MUTUAL FUND - FIXED INCOME    
ETF - FIXED INCOME    
FIXED INCOME 2,947,718 2,627,059

TY 2024 InvestmentsCorpStockSchedule
Name:
RAY & VERA CONNIFF FOUNDATION 51645983
EIN:
47-7041724
Name of Stock End of Year Book Value End of Year Fair Market Value
COMMODITIES    
COMMON STOCK    
ETF - EQUITY    
FOREIGN STOCK    
MUTUAL FUND EQUITY    
PUBLICLY TRADED PARTNERSHIPS    
REIT/BDC    
PREFERRED STOCK    
OPTIONS    
EQUITIES 15,635,556 21,862,705

TY 2024 LegalFeesSchedule
Name:
RAY & VERA CONNIFF FOUNDATION 51645983
EIN:
47-7041724
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES - PRINCIPAL (ALLOCA 1,893 946   946


TY 2024 OtherDecreasesSchedule
Name:
RAY & VERA CONNIFF FOUNDATION 51645983
EIN:
47-7041724
Description Amount
COST BASIS ADJUSTMENTS 30,289
RETURN OF CAPITAL 688
CROSS YEAR TRANSACTIONS 32,685
REVERSALS 100,000


TY 2024 OtherExpensesSchedule
Name:
RAY & VERA CONNIFF FOUNDATION 51645983
EIN:
47-7041724
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MISCELLANEOUS INVESTMENT EXP 19,513 19,513   0


TY 2024 OtherIncreasesSchedule
Name:
RAY & VERA CONNIFF FOUNDATION 51645983
EIN:
47-7041724
Description Amount
ROUNDING 5
ADJUSTMENT TO INCOME 3,460


TY 2024 OtherProfessionalFeesSchedule
Name:
RAY & VERA CONNIFF FOUNDATION 51645983
EIN:
47-7041724
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MNGMNT FEES (DEDUCT 237,732 237,732    


TY 2024 TaxesSchedule
Name:
RAY & VERA CONNIFF FOUNDATION 51645983
EIN:
47-7041724
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 612 612   0
STATE CHARITABLE FILING FEES 25 0   25
FEDERAL ESTIMATES - PRINCIPAL 750 0   0