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
BETH AND RAVENEL CURRY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2501 WEST 12TH STREET 605
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ERIE, PA16505
A Employer identification number

23-7411083
B Telephone number (see instructions)

(212) 583-7096
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$610,599,660
J 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) 4,813,660
2 Check right arrow.............
3 Interest on savings and temporary cash investments 20,839,607 20,839,607 20,839,607
4 Dividends and interest from securities... 3,695,932 3,695,932 3,695,932
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,305,826
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 7,305,826
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)....... 1,110 1,110 1,110
12 Total. Add lines 1 through 11........ 36,656,135 31,842,475 24,536,649
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 238,343 0 0 0
15 Pension plans, employee benefits....... 49,147 0 0 0
16a Legal fees (attach schedule)......... 10,800 0 0 0
b Accounting fees (attach schedule)....... 15,705 0 0 0
c Other professional fees (attach schedule).... 7,950 0 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 750,761 31,203 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 14,374 0 0 0
22 Printing and publications.......... 170 0 0 0
23 Other expenses (attach schedule)....... 461,997 444,691 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,549,247 475,894 0 0
25 Contributions, gifts, grants paid....... 48,608,421 48,608,421
26 Total expenses and disbursements. Add lines 24 and 25 50,157,668 475,894 0 48,608,421
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -13,501,533
b Net investment income (if negative, enter -0-) 31,366,581
c Adjusted net income (if negative, enter -0-)... 24,536,649
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............. 410,985,096 385,877,800 441,068,000
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 76,594,339 Click to see attachment
List of Attached Documents:
// Content
71,998,829
147,370,337
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 19,969,667 Click to see attachment
List of Attached Documents:
// Content
21,389,830
22,161,323
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) 507,549,102 479,266,459 610,599,660
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........... 507,549,102 479,266,459
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 507,549,102 479,266,459
30 Total liabilities and net assets/fund balances (see instructions). 507,549,102 479,266,459
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
507,549,102
2
Enter amount from Part I, line 27a .....................
2
-13,501,533
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
494,047,569
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
14,781,110
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
479,266,459
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 SHORT-TERM GAINS/LOSSES P    
b LONG-TERM GAINS/LOSSES P    
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a       311,075
b       6,994,751
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       311,075
b       6,994,751
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 7,305,826
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 7,305,826
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) 1 435,995
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........................... 3 435,995
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- ..... 5 435,995
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 344,216
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 344,216
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 7,645
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 99,424
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY, PA
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 arrowBRCURRYFOUNDATION.ORG
14
The books are in care ofright arrowBETH AND RAVENEL CURRY FOUNDATION Telephone no.right arrow (212) 583-7096

Located atright arrow2501 WEST 12TH STREET 605ERIEPA ZIP+4right arrow16505
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
RAVENEL B CURRY III PRESIDENT
2.00
0 0 0
65 EAST 55TH ST FL 26
NEW YORK,NY100221240
CAROLINE RIVERS CURRY TRUSTEE
1.00
0 0 0
65 EAST 55TH ST FL 26
NEW YORK,NY100221240
KIMBERLY DENNIS TRUSTEE
1.00
0 0 0
2501 WEST 12TH ST 605
ERIE,PA16505
VANESSA MENDOZA TRUSTEE
1.00
0 0 0
2501 WEST 12TH ST 605
ERIE,PA16505
TOBY STOCK TRUSTEE
1.00
0 0 0
2501 WEST 12TH ST 605
ERIE,PA16505
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
EMILY COX EXECUTIVE DIRECTOR
40.00
238,343 35,237 0
2501 WEST 12TH ST 605
ERIE,PA16505
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
427,526,404
b
Average of monthly cash balances.......................
1b
164,652,914
c
Fair market value of all other assets (see instructions)................
1c
21,545,684
d
Total (add lines 1a, b, and c).........................
1d
613,725,002
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
613,725,002
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
9,205,875
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
604,519,127
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
30,225,956
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
30,225,956
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
435,995
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
435,995
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
29,789,961
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
29,789,961
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
29,789,961
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
48,608,421
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
48,608,421
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 29,789,961
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 20,659,015
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 48,608,421
a Applied to 2023, but not more than line 2a 20,659,015
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2024 distributable amount..... 27,949,406
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
1,840,555
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
RAVENEL B CURRY III
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

3DE

3565 PIEDMONT RD NE
ATLANTA,GA30305
N/A PUBLIC CHARITY UNRESTRICTED 500,000

ADOPTION SHARE

PO BOX 1532
BRUNSWICK,GA31521
N/A PUBLIC CHARITY UNRESTRICTED 200,000

ALBERGUE FOUNDATION

5206 24TH AVENUE DR W
BRADENTON,FL342095620
N/A PUBLIC CHARITY RESTRICTED - $4,421 DR CLIMBING PROJECT. RESTRICTED - $28,000 DR SUMMER CLIMBING PROJECT 32,421

ALEXANDER HAMILTON SOCIETY

1701 RHODE ISLAND AVENUE NW
WASHINGTON,DC20036
N/A PUBLIC CHARITY UNRESTRICTED 200,000

AMERICAN ENTERPRISE INSTITUTE

1789 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20036
N/A PUBLIC CHARITY RESTRICTED - $4,000,000 YUVAL LEVIN, BEN & JENNA STOREY, AND OTHER WORK. UNRESTRICTED - $150,000 4,150,000

AMERICAN EXCHANGE PROJECT

38 BALCOM RD
SUDBURY,MA01776
N/A PUBLIC CHARITY UNRESTRICTED 400,000

AMERICAN FEDERATION FOR CHILDREN

1020 19TH ST NW
WASHINGTON,DC20036
N/A PUBLIC CHARITY RESTRICTED - $100,000 EDUCATION CAMPAIGN FOR FEDERAL TAX CREDIT. UNRESTRICTED - $500,000 600,000

ARCHBRIDGE INSTUTUTE

810 7TH ST NE
WASHINGTON,DC20002
N/A PUBLIC CHARITY UNRESTRICTED 50,000

ARRAY EDUCATION INC

25 BROADWAY FL 3
NEW YORK,NY10004
N/A PUBLIC CHARITY RESTRICTION - $200,000 200,000

ATLAS NETWORK

4075 WILSON BOULEVARD SUITE 310
ARLINGTON,VA22203
N/A PUBLIC CHARITY UNRESTRICTED 400,000

BARD HIGH SCHOOL EARLY COLLEGE

525 E HOUSTON ST
NEW YORK,NY10002
N/A PUBLIC CHARITY RESTRICTED - $10,000 FOR BARD QUEENS CAMPUS 10,000

BEACON CENTER

1200 CLINTON STREET 205
NASHVILLE,TN37203
N/A PUBLIC CHARITY UNRESTRICTED 100,000

BILL OF RIGHTS INSTITUTE

1310 NORTH COURTHOUSE RD
ARLINGTON,VA22201
N/A PUBLIC CHARITY RESTRICTED - $750,000 UNRESTRICTED, A250, BRI JR. 750,000

BIRCH WATHEN LENOX SCHOOL

210 E 77TH ST
NEW YORK,NY100752102
N/A PUBLIC CHARITY UNRESTRICTED 75,000

BLUE RIDGE CENTER

PO BOX 6186
CHARLOTTESVILLE,VA229066186
N/A PUBLIC CHARITY UNRESTRICTED 100,000

BRADLEY IMPACT FUND

1400 N WATER ST SUITE 300
MILWAUKEE,WI53202
N/A PUBLIC CHARITY RESTRICTED - $1,000,000 PHILANTHROPY ROUNDTABLE HIGHER ED IMPACT FUND 1,000,000

BUCKEYE INSTITUTE

88 EAST BROAD STREET SUITE 1300
COLUMBUS,OH43215
N/A PUBLIC CHARITY RESTRICTED - $250,000 GENERAL OPPS AND PARTNERSHIP WITH SPN'S CENTER FOR PRATICAL FEDERALISM 250,000

CALVIN COOLIDGE PRESIDENTIAL FOUNDATION

PO BOX 97
PLYMOUTH NOTCH,VT05056
N/A PUBLIC CHARITY UNRESTRICTED 125,000

CALVIN COOLIDGE PRESIDENTIAL FUND

3425 PROSPECT STREET NW
WASHINGTON,DC20007
N/A PUBLIC CHARITY RESTRICTED - $75,000 SHOLARSHIPS 75,000

CARDINAL INSTITUTE

1632 QUARRIER STREET
CHARLESTON,WV25311
N/A PUBLIC CHARITY RESTRICTED - $100,000 DIGNITY PROJECT AND HOPE SCHOLARSHIP IMPLEMENTATION 100,000

CATO INSTITUTE

1000 MASSACHUSETTS AVE NW
WASHINGTON,DC200015403
N/A PUBLIC CHARITY UNRESTRICTED 200,000

CENTER FOR THE RIGHTS OF ABUSED CHILDREN

3900 E CAMELBACK ROAD
PHOENIX,AZ85018
N/A PUBLIC CHARITY UNRESTRICTED 125,000

CHANGE SUMMER

119 WEST 72ND STREET SUITE 187
NEW YORK,NY10023
N/A PUBLIC CHARITY UNRESTRICTED 200,000

CHARTER SCHOOL GROWTH FUND

10901 W 120TH AVE SUITE 450
BROOMFIELD,CO80021
N/A PUBLIC CHARITY UNRESTRICTED 5,000,000

CHILDREN'S SCHOLARSHIP FUND

8 W 38TH STREET 9TH FLOOR
NEW YORK,NY10018
N/A PUBLIC CHARITY UNRESTRICTED 250,000

CHILDREN'S SCHOLARSHIP FUND PHILADELPHIA

100 S BROAD ST SUITE 1200
PHILADELPHIA,PA19110
N/A PUBLIC CHARITY UNRESTRICTED 200,000

CLEMSON UNIVERSITY FOUNDATION (CISC)

PO BOX 1889
CLEMSON,SC296331889
N/A PUBLIC CHARITY UNRESTRICTED 200,000

COMMON GOOD

37-24 24TH STREET SUITE 137
LONG ISLAND CITY,NY11101
N/A PUBLIC CHARITY UNRESTRICTED 5,000

COMMONWEALTH FOUNDATION

420 N 3RD ST
HARRISBURG,PA17101
N/A PUBLIC CHARITY UNRESTRICTED 300,000

COMPETITIVE ENTERPRISE INSTITUTE

1310 L STREET NW 7TH FLOOR
WASHINGTON,DC20005
N/A PUBLIC CHARITY UNRESTRICTED 150,000

COMPSCI HIGH

1300 BOYNTON AVE
BRONX,NY10472
N/A PUBLIC CHARITY UNRESTRICTED 150,000

COOPER HEWITT UNION

2 EAST 91ST ST
NEW YORK,NY10128
N/A PUBLIC CHARITY UNRESTRICTED 100,000

COUNCIL OF FOREIGN RELATIONS

58 EAST 68TH STREET
NEW YORK,NY10065
N/A PUBLIC CHARITY UNRESTRICTED 50,000

CRISTO REY NY HIGH SCHOOL

112 E 106TH ST
NEW YORK,NY10029
N/A PUBLIC CHARITY UNRESTRICTED 125,000

CRISTO REY PHILADELPHIA HIGH SCHOOL

1717 W ALLEGHENY AVE
PHILADELPHIA,PA191321606
N/A PUBLIC CHARITY UNRESTRICTED 100,000

DEFENSE OF FREEDOM INSTITUTE

1455 PENNSYLVANIA AVENUE NW SUITE
400
WASHINGTON,DC20004
N/A PUBLIC CHARITY UNRESTRICTED 175,000

DONORS TRUST INC

1800 DIAGONAL RD STE 280
ALEXANDRIA,VA223142840
N/A PUBLIC CHARITY RESTRICTED - $75,000 ALLIANCE FOR OPPORTUNITY 75,000

DREXEL FUND

135 W WELLS ST SUITE 100
MILWAUKEE,WI53203
N/A PUBLIC CHARITY UNRESTRICTED 500,000

ECONOMIC POLICY INNOVATION CENTER

1225 EYE ST NW SUITE 600
WASHINGTON,DC20005
N/A PUBLIC CHARITY UNRESTRICTED 250,000

ED CHOICE

111 MONUMENT CIRCLE SUITE 2650
INDIANAPOLIS,IN46204
N/A PUBLIC CHARITY UNRESTRICTED 100,000

EL EDUCATION

247 WEST 35TH STREET 8TH FLOOR
NEW YORK,NY10001
N/A PUBLIC CHARITY UNRESTRICTED 250,000

EMERGE FELLOWSHIP

11251 NORTHWEST FWY SUITE 330
HOUSTON,TX77092
N/A PUBLIC CHARITY UNRESTRICTED 75,000

EMERGENT ORDER FOUNDATION

4450 FRONTIER TRAIL
AUSTIN,TX78745
N/A PUBLIC CHARITY UNRESTRICTED 250,000

EMPIRE CENTER

30 SOUTH PEARL STREET SUITE 1210
ALBANY,NY12207
N/A PUBLIC CHARITY UNRESTRICTED 10,000

EMPOWER MISSISSIPPI

1000 NORTHPARK DRIVE
RIDGELAND,NY39157
N/A PUBLIC CHARITY RESTRICTED - $100,000 EMBARK AND GENERAL OPPS 100,000

EXCELLNED

PO BOX 10691
TALLAHASSEE,NY32302
N/A PUBLIC CHARITY UNRESTRICTED 250,000

FAMILY PROMISE

71 SUMMIT AVENUE
SUMMIT,NJ07901
N/A PUBLIC CHARITY UNRESTRICTED 5,000

FEDERALIST SOCIETY

1776 I STREET NW SUITE 300
WASHINGTON,DC20006
N/A PUBLIC CHARITY UNRESTRICTED 200,000

FIRING LINE WNET

825 EIGHTH AVENUE
NEW YORK,NY10019
N/A PUBLIC CHARITY UNRESTRICTED 100,000

FOUNDATION FOR AMERICAN INNOVATION INC

2443 FILLMORE ST 380-3386
SAN FRANCISCO,CA941151814
N/A PUBLIC CHARITY RESTRICTED - $100,000 SCHOOLAHOOP 100,000

FOUNDATION FOR ECONOMIC EDUCATION

1819 PEACHTREE ROAD NE SUITE 300
ATLANTA,FL30309
N/A PUBLIC CHARITY UNRESTRICTED 75,000

FOUNDATION FOR FIGHTING BLINDNESS

7168 COLUMBIA GATEWAY DRIVE SUITE
100
COLUMBIA,MD21046
N/A PUBLIC CHARITY UNRESTRICTED 5,000

FOUNDATION FOR INDIVIDUAL RIGHTS IN EDUCATION

510 WALNUT STREET SUITE 1250
PHILADELPHIA,PA19106
N/A PUBLIC CHARITY UNRESTRICTED 1,000,000

FRANKLIN NEWS FOUNDATION

20 N CLARK ST SUITE 3300
CHICAGO,IL60602
N/A PUBLIC CHARITY UNRESTRICTED 250,000

FRICK COLLECTION

1 E 70TH ST
NEW YORK,NY10021
N/A PUBLIC CHARITY RESTRICTED - $400,000 FRICK CAMPAIGN 400,000

FROST VALLEY YMCA

2000 FROST VALLEY ROAD
CLARYVILLE,NY12725
N/A PUBLIC CHARITY UNRESTRICTED 30,000

GENESYS WORKS

1880 S DAIRY ASHFORD RD SUITE 300
HOUSTON,TX77077
N/A PUBLIC CHARITY UNRESTRICTED 100,000

GEO ACADEMIES INC

3145 N MERIDIAN STREET
INDIANAPOLIS,IN462084783
N/A PUBLIC CHARITY UNRESTRICTED 250,000

GEORGIA CENTER FOR OPPORTUNITY

333 RESEARCH COURT SUITE 210
PEACHTREE CORNERS,GA30092
N/A PUBLIC CHARITY UNRESTRICTED 300,000

GEORGIA PUBLIC POLICY FOUNDATION

3200 COBB GALLERIA PARKWAY SUITE
214
ATLANTA,GA30339
N/A PUBLIC CHARITY RESTRICTED - $50,000 HOUSING POLICY 50,000

GOLDWATER INSTITUTE

500 EAST CORONADO ROAD
PHOENIX,AZ85004
N/A PUBLIC CHARITY RESTRICTED - $150,000 AZ'S ESA EFFORTS 150,000

GREAT HEARTS ACADEMIES

4801 E WASHINGTON ST 250
PHOENIX,AZ85034
N/A PUBLIC CHARITY RESTRICTED - $500,000 FOR ACADEMICALLY AT-RISK STUDENTS 500,000

GREATSCHOOLS INC

2201 BROADWAY 4TH FLOOR
OAKLAND,CA94612
N/A PUBLIC CHARITY UNRESTRICTED 50,000

GREENWOOD GENETIC CENTER FOUNDATION

101 GREGOR MENDEL CIRCLE
GREENWOOD,SC29646
N/A PUBLIC CHARITY UNRESTRICTED 25,000

HETERODOX ACADEMY

82 NASSAU STREET 646
NEW YORK,NY10038
N/A PUBLIC CHARITY UNRESTRICTED 250,000

HUDSON INSTITUTE

1201 PENNSYLVANIA AVE NW SUITE 400
WASHINGTON,DC20004
N/A PUBLIC CHARITY RESTRICTED - $100,000 POLITICAL STUDIES PROGRAM 150,000

ILLINOIS POLICY INSTITUTE

300 S RIVERSIDE PLAZA SUITE 1650
CHICAGO,IL60606
N/A PUBLIC CHARITY RESTRICTED - $150,000 CENTER FOR POVERTY SOLUTIONS 150,000

INSTITUTE FOR FAMILY STUDIES

PO BOX 1502
CHARLOTTESVILLE,VA22902
N/A PUBLIC CHARITY UNRESTRICTED 150,000

INSTITUTE FOR HUMANE STUDIES

VERNON SMITH HALL 1ST FLOOR 3434
WASHINGTON BLVD
ARLINGTON,VA22201
N/A PUBLIC CHARITY UNRESTRICTED 50,000

INSTITUTE FOR JUSTICE

901 N GLEBE ROAD SUITE 900
ARLINGTON,VA22203
N/A PUBLIC CHARITY UNRESTRICTED 200,000

INSTITUTE FOR REFORMING GOVERNMENT

701 E WASHINGTON AVE 201
MADISON,WI53703
N/A PUBLIC CHARITY UNRESTRICTED 200,000

INSTITUTE FOR RESPONSIBLE CITIZENSHIP

1227 25TH STREET NW 6TH FL
WASHINGTON,DC20037
N/A PUBLIC CHARITY RESTRICTED - $60,000 SCHOLARS' SUMMER STIPENDS 310,000

INVEST IN EDUCATION FOUNDATION

777 6TH STREET NW SUITE 510
WASHINGTON,DC20001
N/A PUBLIC CHARITY UNRESTRICTED 100,000

JOE MARTIN ALS FOUNDATION

100 N TRYON ST STE 3420
CHARLOTTE,NC28202
N/A PUBLIC CHARITY UNRESTRICTED 10,000

JOHN LOCKE FOUNDATION

4800 SIX FORKS ROAD SUITE 220
RALEIGH,NC27609
N/A PUBLIC CHARITY RESTRICTED - $200,000 ADVANCING EDUCATION PATHWAYS, JLF POLICY SUMMIT, AND AGRICULTURAL WORKFORCE SOLUTIONS 200,000

KHAN ACADEMY

PO BOX 1630
MOUNTAIN VIEW,CA94042
N/A PUBLIC CHARITY UNRESTRICTED 2,000,000

LET GROW

228 PARK AVE S 77212
NEW YORK,NY10003
N/A PUBLIC CHARITY UNRESTRICTED 200,000

LIBERTAS INSTITUTE

2183 WEST MAIN STREET SUITE A102
LEHI,UT84043
N/A PUBLIC CHARITY RESTRICTED - $400,000 CHILDREN'S ENTREPRENEUR MARKETS AND ESA IMPLEMENTATION 400,000

LOVE YOUR SCHOOL

4940 E SUNNYSIDE DR
SCOTTSDALE,AZ852544671
N/A PUBLIC CHARITY UNRESTRICTED 75,000

MANHATTAN INSTITUE

52 VANDERBILT AVENUE
NEW YORK,NY10017
N/A PUBLIC CHARITY UNRESTRICTED 250,000

NATIONAL ALLIANCE FOR PUBLIC CHARTER SCHOOLS

800 CONNECTICUT AVE NW SUITE 300
WASHINGTON,DC20006
N/A PUBLIC CHARITY UNRESTRICTED 200,000

NATIONAL CONSTITUTION CENTER

525 ARCH ST
PHILADELPHIA,PA19106
N/A PUBLIC CHARITY UNRESTRICTED 350,000

NATIONAL REVIEW INSTITUTE

19 WEST 44TH STREET SUITE 1701
NEW YORK,NY10036
N/A PUBLIC CHARITY RESTRICTED - $100,000 BURKE TO BUCKLEY PROGRAM 100,000

NETWORK FOR TEACHING ENTREPRENEURSHIP

120 WALL STREET 18TH FLOOR
NEW YORK,NY10005
N/A PUBLIC CHARITY UNRESTRICTED 75,000

NEW CRITERION

900 BROADWAY SUITE 602
NEW YORK,NY10003
N/A PUBLIC CHARITY UNRESTRICTED 1,000

NEW VENTURE FUND

1828 L STREET NW SUITE 300-A
WASHINGTON,DC20036
N/A PUBLIC CHARITY UNRESTRICTED 750,000

NEW YORK HALL OF SCIENCE

47-01 111TH ST
CORONA,NY11368
N/A PUBLIC CHARITY UNRESTRICTED 100,000

NEW YORK HISTORICAL SOCIETY

170 CENTRAL PARK WEST AT RICHARD
GILDER WAY
NEW YORK,NY10024
N/A PUBLIC CHARITY RESTRICTED - $300,000 NEW WING PROJECT 300,000

NPOWER INC

55 WASHINGTON STREET
BROOKLYN,NY11201
N/A PUBLIC CHARITY UNRESTRICTED 100,000

ONE AMERICA MOVEMENT

4450 MITCHELLVILLE ROAD SUITE 1021
BOWIE,MD20716
N/A PUBLIC CHARITY UNRESTRICTED 100,000

PACIFIC LEGAL FOUNDATION

555 CAPITOL MALL SUITE 1290
SACRAMENTO,CA95814
N/A PUBLIC CHARITY UNRESTRICTED 100,000

PARTNERSHIP SCHOOLS

1011 1ST AVE
NEW YORK,NY10022
N/A PUBLIC CHARITY UNRESTRICTED 100,000

PELICAN INSTITUTE

400 POYDRAS STREET SUITE 900
NEW ORLEANS,LA70130
N/A PUBLIC CHARITY UNRESTRICTED 150,000

PHILANTHROPY ROUNDTABLE

1120 20TH STREET NW SUITE 550 SOUTH
WASHINGTON,DC20036
N/A PUBLIC CHARITY UNRESTRICTED 350,000

PROPEL AMERICA

800 BOYLSTON ST PO BOX 990443
BOSTON,MA02199
N/A PUBLIC CHARITY UNRESTRICTED 100,000

REASON FOUNDATION

5737 MESMER AVE
LOS ANGELES,CA90230
N/A PUBLIC CHARITY UNRESTRICTED 10,000

ROCKEFELLER UNIVERSITY

1230 YORK AVENUE
NEW YORK,NY10065
N/A PUBLIC CHARITY RESTRICTED - $2,000,000 CAPITAL CAMPAIGN 2,000,000

SETON EDUCATION PARTNERS

1562 FIRST AVENUE NO 205
NEW YORK,NY100284004
N/A PUBLIC CHARITY UNRESTRICTED 200,000

SILICON SCHOOLS FUND

827 BROADWAY SUITE 300
OAKLAND,CA94607
N/A PUBLIC CHARITY UNRESTRICTED 1,000,000

STATE POLICY NETWORK

1655 NORTH FORT MYER DRIVE SUITE
360
ARLINGTON,VA22209
N/A PUBLIC CHARITY UNRESTRICTED 700,000

STUDENT SPONSOR PARTNERS

679 3RD AVE SUITE 429
NEW YORK,NY10017
N/A PUBLIC CHARITY RESTRICTED - $250,000 50 CURRY SCHOLARS 250,000

SUCCESS ACADEMY

95 PINE STREET FLOOR 6
NEW YORK,NY10005
N/A PUBLIC CHARITY RESTRICTED - $1,250,000 MOONSHOT CAMPAIGN EXCLUDING BRICK AND MORTAR 1,250,000

SUTHERLAND INSTITUTE

420 E SOUTH TEMPLE SUITE 510
SALT LAKE CITY,UT84111
N/A PUBLIC CHARITY RESTRICTED - $50,000 ALLIANCE FOR OPPORTUNITY WORK 50,000

TALENT MARKET

1633 CONNECTICUT AVE NW SUITE 300
WASHINGTON,DC20009
N/A PUBLIC CHARITY UNRESTRICTED 25,000

THE 74

222 BROADWAY 19TH FLOOR
NEW YORK,NY10038
N/A PUBLIC CHARITY RESTRICTED - $150,000 FOUNDATION SKILLS RECOVERY PROJECT 150,000

THE FUND FOR AMERICAN STUDIES

1706 NEW HAMPSHIRE AVE NW
WASHINGTON,DC20009
N/A PUBLIC CHARITY UNRESTRICTED 100,000

THE READING LEAGUE

103 WYOMING STREET
SYRACUSE,NY132042984
N/A PUBLIC CHARITY UNRESTRICTED 25,000

UATX

912 S CAPITAL OF TEXAS HWY SUITE
180
AUSTIN,TX78746
N/A PUBLIC CHARITY RESTRICTED - $1,000,000 SCHOLARSHIP FUND 1,000,000

UNCOMMON CONSTRUCTION

PO BOX 791438
NEW ORLEANS,LA70119
N/A PUBLIC CHARITY RESTRICTED - $100,000 FOR THEIR EXPANSION EFFORTS 100,000

UNIVERSITY OF FLORIDA FOUNDATION

PO BOX 14425
GAINESVILLE,FL32604
N/A PUBLIC CHARITY RESTRICCTED - $300,000 HAMILTON CENTER 300,000

UNIVERSITY OF VIRGINIA DARDEN SCHOOL ANNUAL FUND

211 EMMET STREET SOUTH PO BOX
400331
CHARLOTTESVILLE,VA22904
N/A PUBLIC CHARITY UNRESTRICTED 5,000

VELA EDUCATION FUND

2200 WILSON BLVD STE 107
ARLINGTON,VA22201
N/A PUBLIC CHARITY RESTRICTED - $2,000,000 GRANT RECIPIENTS WHO FOCUS ON CORE LEARNING, STEM, CAREER & TECHNICAL EDUCATION, AND ECONOMICS & ENTREPRENEURSHIP 2,000,000

VERTEX PARTNERSHIP ACADEMIES

1160 BEACH AVENUE
BRONX,NY10472
N/A PUBLIC CHARITY UNRESTRICTED 250,000

VMTS EDUCATION INC

137 MONTEGUE STREET 132
BROOKLYN,NY11201
N/A PUBLIC CHARITY UNRESTRICTED 350,000

WEILL CORNELL MEDICAL COLLEGE

1300 YORK AVENUE
NEW YORK,NY10065
N/A PUBLIC CHARITY UNRESTRICTED 250,000

WILSON SHEEHAN LAB FOR ECONOMIC OPPORTUNITIES

3060 JENKINS NANOVIC HALL
NOTRE DAME,IN46556
N/A PUBLIC CHARITY UNRESTRICTED 250,000

YANKEE INSTITUTE

216 MAIN STREET
HARTFORD,CT061061888
N/A PUBLIC CHARITY RESTRICTED - $50,000 EDUCATIONAL CAMPAIGN ON OPPORTUNITY SCHOLARSHIPS 50,000

YEAR UP

45 MILK STREET 9TH FLOOR
BOSTON,MA02109
N/A PUBLIC CHARITY UNRESTRICTED 150,000

YOUNG PEOPLE'S CHORUS

37 WEST 65TH STREET 2ND FLOOR
NEW YORK,NY10023
N/A PUBLIC CHARITY UNRESTRICTED 250,000

ZETA CHARTER SCHOOLS

425 WESTCHESTER AVE
BRONX,NY104551320
N/A PUBLIC CHARITY UNRESTRICTED 100,000

ALABAMA POLICY INSTITUTE

2213 MORRIS AVE STE 100
BIRMINGHAM,AL35203
N/A PUBLIC CHARITY UNRESTRICTED 25,000

APPLETREE INSTITUTE FOR EDUCATION

1801 MISSISSIPPI AVE SE
WASHINGTON,DC20020
N/A PUBLIC CHARITY UNRESTRICTED 100,000

BETTER TOGETHER

15275 COLLIER BOULEVARD SUITE
201-284
NAPLES,FL34119
N/A PUBLIC CHARITY UNRESTRICTED 100,000

BLACK PASTORS UNITED FOR EDUCATION

1501 MARKET STREET
HARRISBURG,PA17103
N/A PUBLIC CHARITY UNRESTRICTED 250,000

CHALKBEATCIVIC NEWS COMPANY

450 7TH AVENUE 32ND FLOOR
NEW YORK,NY10123
N/A PUBLIC CHARITY UNRESTRICTED 5,000

CITY TUTOR DC

600 NEW HAMPSHIRE AVENUE NW
WASHINGTON,DC20037
N/A PUBLIC CHARITY UNRESTRICTED 50,000

EDUCATION REFORM NOW

928 BROADWAY
NEW YORK,NY10010
N/A PUBLIC CHARITY UNRESTRICTED 200,000

EQUITABLE FACILITIES FUND

21 W 46TH ST STE802
NEW YORK,NY10036
N/A PUBLIC CHARITY UNRESTRICTED 5,000,000

FORDHAM INSTITUTE

9827 JAMAICA AVE
WOODHAVEN,NY11421
N/A PUBLIC CHARITY UNRESTRICTED 25,000

FRONTIER INSTITUTE

PO BOX 5104
HELENA,MT59604
N/A PUBLIC CHARITY UNRESTRICTED 25,000

FURMAN FREE SPEECH ALLIANCE

1202 STONNELL PLACE
ALEXANDRIA,VA22302
N/A PUBLIC CHARITY UNRESTRICTED 75,000

IRA SOHN CONFERENCE FOUNDATION

65 EAST 55TH ST 33RD FLOOR
NEW YORK,NY10022
N/A PUBLIC CHARITY UNRESTRICTED 100,000

LIBERTY STEAM CHARTER SCHOOL

115 NORTH MAIN ST
SUMTER,SC29150
N/A PUBLIC CHARITY UNRESTRICTED 25,000

MAKE IT MOVEMENT

PO BOX 91071
AUSTIN,TX78709
N/A PUBLIC CHARITY UNRESTRICTED 200,000

MACKINAC CENTER

140 WEST MAIN STREET PO BOX 568
MIDLAND,MI48640
N/A PUBLIC CHARITY RESTRICTED - $150,000 COMMUNITY ENGAGEMENT WORK 150,000

MOVING PICTURE INSTITUTE

375 GREENWICH STREET
NEW YORK,NY10013
N/A PUBLIC CHARITY UNRESTRICTED 200,000

NATIONAL SUMMER SCHOOL INITIATIVE

147 PRINCE STREET 3-54
BROOKLYN,NY11201
N/A PUBLIC CHARITY UNRESTRICTED 250,000

ON YOUR MARK EDUCATION

645 FOREST AVENUE
STATEN ISLAND,NY10310
N/A PUBLIC CHARITY UNRESTRICTED 300,000

OPEN TO DEBATE FOUNDATIONINTELLIGENCE SQUARED US

150 EAST 52ND ST
NEW YORK,NY10022
N/A PUBLIC CHARITY UNRESTRICTED 25,000

PALMETTO PROMISE INSTITUTE

PO BOC 12676
COLUMBIA,SC292112676
N/A PUBLIC CHARITY RESTRICTED - $500,000 SC EMERGENCY SCHOLARSHIPS FOR LOW-INCOME STUDENTS 500,000

SPARTANBURG ACADEMIC MOVEMENT

101 W ST JOHN STREET SUITE 204
SPARTANBURG,SC29306
N/A PUBLIC CHARITY UNRESTRICTED 200,000

STEP UP TUTORING

1424 4TH STREET STE 214 PMB 1696
SANTA MONICA,CA90401
N/A PUBLIC CHARITY UNRESTRICTED 50,000

THE CITY REPORT

85 BROAD STREET
NEW YORK,NY10004
N/A PUBLIC CHARITY UNRESTRICTED 20,000

US CHAMBER OF COMMERCE FOUNDATION

1615 H ST NW
WASHINGTON,DC20062
N/A PUBLIC CHARITY RESTRICTED - $250,000 CIVICS BEE 250,000
Total .................................right arrow 3a 48,608,421
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
    14 20,839,607  
4 Dividends and interest from securities ....     14 3,695,932  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 1,110  
8 Gain or (loss) from sales of assets other than
inventory ............
    18 7,305,826  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 31,842,475 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
31,842,475
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
BETH AND RAVENEL CURRY FOUNDATION
 
Employer identification number

23-7411083
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


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

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
BETH AND RAVENEL CURRY FOUNDATION
 
Employer identification number
23-7411083
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
RAVENEL B CURRY III
65 EAST 55TH ST FL 26
 
NEW YORK, NY10022

$ 4,800,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
AMERICAN ENTERPRISE INSTITUTE
 
1789 MASSACHISETTS AVENUE
 
NW, DC20036

$ 9,000


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
BETH AND RAVENEL CURRY FOUNDATION
 
Employer identification number

23-7411083
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
BETH AND RAVENEL CURRY FOUNDATION
 
Employer identification number

23-7411083
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
BETH AND RAVENEL CURRY FOUNDATION
EIN:
23-7411083
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 15,705 0 0 0

TY 2024 InvestmentsCorpStockSchedule
Name:
BETH AND RAVENEL CURRY FOUNDATION
EIN:
23-7411083
Name of Stock End of Year Book Value End of Year Fair Market Value
RBC ENERGY FUND 2,330,915 5,247,990
733 SHS. WELLS FARGO CORP. 516,110 516,110
CITI CUSTODY 69,008,588 141,463,021
393,456 SHS. LUMINAR TECHNOLOGIES, INC. 143,216 143,216

TY 2024 InvestmentsOtherSchedule2
Name:
BETH AND RAVENEL CURRY FOUNDATION
EIN:
23-7411083
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
EXPLORADOR PANAM HORIZON FUND, LP AT COST 1,430,752 1,430,752
CASDIN VENTURE OPPORTUNITIES FUND, L.P AT COST 1,198,305 1,198,305
CASDIN PARTNERS OFFSHORE, LTD AT COST 5,043,879 5,783,304
CASDIN PRIVATE GROWTH EQUITY FUND I, L.P. AT COST 1,827,415 1,827,415
CASDIN PRIVATE GROWTH EQUITY FUND II, L.P. AT COST 781,083 781,083
ALTA GLOBAL URBANIZATION FUND AT COST 8,936,587 8,936,587
JP MORGAN AT COST 190,934 223,002
FALFURRIAS AT COST 1,853,925 1,853,925
CHARLES SCHWAB AT COST 126,950 126,950

TY 2024 LegalFeesSchedule
Name:
BETH AND RAVENEL CURRY FOUNDATION
EIN:
23-7411083
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 10,800 0 0 0


TY 2024 OtherDecreasesSchedule
Name:
BETH AND RAVENEL CURRY FOUNDATION
EIN:
23-7411083
Description Amount
UNREALIZED GAINS/LOSSES 14,630,103
CHECKS IN TRANSIT 150,000
INTEREST & PENALTIES 1,007


TY 2024 OtherExpensesSchedule
Name:
BETH AND RAVENEL CURRY FOUNDATION
EIN:
23-7411083
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PORTFOLIO DEDUCTIONS 254,831 254,831 0 0
INVESTMENT EXPENSE 189,860 189,860 0 0
DUES & SUBSCRIPTIONS 3,535 0 0 0
INSURANCE 6,820 0 0 0
POSTAGE & DELIVERY 642 0 0 0
SUPPLIES 338 0 0 0
PROGRAM EXPENSE 3,000 0 0 0
PAYROLL EXPENSE 2,928 0 0 0
LICENSES & PERMITS 15 0 0 0
MISCELLANEOUS EXPENSE 28 0 0 0


TY 2024 OtherIncomeSchedule2
Name:
BETH AND RAVENEL CURRY FOUNDATION
EIN:
23-7411083
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INVESTMENT INCOME 1,110 1,110 1,110


TY 2024 OtherProfessionalFeesSchedule
Name:
BETH AND RAVENEL CURRY FOUNDATION
EIN:
23-7411083
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING 7,950 0 0 0


TY 2024 TaxesSchedule
Name:
BETH AND RAVENEL CURRY FOUNDATION
EIN:
23-7411083
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAXES 719,558 0 0 0
FOREIGN TAXES 31,203 31,203 0 0