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
SHOVAL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)15 PUBLIC SQUARE SUITE 504
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILKES BARRE, PA18701
A Employer identification number

23-3024646
B Telephone number (see instructions)

(570) 825-9900
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$2,982,195J 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 29,258 29,258  
4 Dividends and interest from securities... 180,401 131,508  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 35,542
b Gross sales price for all assets on line 6a 714,251
7 Capital gain net income (from Part IV, line 2)... 35,542
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,318 5,318  
12 Total. Add lines 1 through 11........ 250,519 201,626  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
5 5   5
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,727 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,321 7,321   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,053 7,326   5
25 Contributions, gifts, grants paid....... 150,993 150,993
26 Total expenses and disbursements. Add lines 24 and 25 161,046 7,326   150,998
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 89,473
b Net investment income (if negative, enter -0-) 194,300
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 219,721 113,710 113,710
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) 158,247 Click to see attachment
List of Attached Documents:
// Content
179,264 		179,264
b Investments—corporate stock (attach schedule)....... 815,620 Click to see attachment
List of Attached Documents:
// Content
679,399 		679,399
c Investments—corporate bonds (attach schedule)....... 1,212,561 Click to see attachment
List of Attached Documents:
// Content
1,575,963 		1,575,963
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).......... 430,422 Click to see attachment
List of Attached Documents:
// Content
433,859 		433,859
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) 2,836,571 2,982,195 2,982,195
Liabilities 17 Accounts payable and accrued expenses..........   100
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)......... 0 100
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........ 2,836,571 2,982,095
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 2,836,571 2,982,095
30 Total liabilities and net assets/fund balances (see instructions). 2,836,571 2,982,195
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
2,836,571
2
Enter amount from Part I, line 27a .....................
2
89,473
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
56,051
4
Add lines 1, 2, and 3 ..........................
4
2,982,095
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,982,095
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 FFCB P 2023-10-25 2024-09-19
b SOLVENTUM CORP P 2023-10-10 2024-04-01
c 3M CO P 2023-10-10 2024-06-11
d AT&T INC P 2021-04-21 2024-09-11
e CHARLES SCHWAB CORP P 2023-03-24 2024-05-03
REGIONS FINANCIAL CO P 2023-03-24 2024-09-16
SOLVENTUM CORP P 2023-10-10 2024-10-29
BANK OF AMERICA P 2013-06-13 2024-06-17
GNMA POOL P 2009-06-18 2024-12-20
JPMORGAN CHASE P 2013-06-13 2024-05-01
(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 75,000   74,344 656
b 33   28 5
c 55,658   42,063 13,595
d 70,206   76,292 -6,086
e 92,537   86,012 6,525
45,000   37,980 7,020
10,066   7,700 2,366
250,000   241,936 8,064
751   762 -11
115,000   111,592 3,408
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       656
b       5
c       13,595
d       -6,086
e       6,525
      7,020
      2,366
      8,064
      -11
      3,408
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 35,542
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 2,701
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 2,701
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 2,701
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 2,280
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 2,280
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 60
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 481
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 arrowPA
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 arrowN/A
14
The books are in care ofright arrowY JUDD SHOVAL Telephone no.right arrow (570) 825-9900

Located atright arrow15 PUBLIC SQUARE SUITE 504WILKES BARREPA ZIP+4right arrow18701
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Y JUDD SHOVAL PRESIDENT
0.00 		0 0 0
15 PUBLIC SQUARE SUITE 504
WILKES BARRE,PA18701
SUSAN W SHOVAL TREASURER
0.00 		0 0 0
15 PUBLIC SQUARE SUITE 504
WILKES BARRE,PA18701
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
2,745,324
b
Average of monthly cash balances.......................
1b
166,718
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
2,912,042
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
2,912,042
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
43,681
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,868,361
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
143,418
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
143,418
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
2,701
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,701
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
140,717
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
140,717
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
140,717
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
150,998
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
150,998
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 7 140,717
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022...... 925
e From 2023...... 47,046
f Total of lines 3a through e ........ 47,971
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 150,998
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 140,717
e Remaining amount distributed out of corpus 10,281
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 58,252
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		58,252
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 925
d Excess from 2023.... 47,046
e Excess from 2024.... 10,281
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

70 FACES MEDIA INC

520 EIGHTH AVENUE 4TH FLOOR
NEW YORK,NY10018 		NONE PUBLIC CHARITY UNRESTRICTED 36

ALLIED SERVICES FOUNDATION

100 ABINGTON EXECUTIVE PARK
CLARKS SUMMIT,PA18411 		NONE PUBLIC CHARITY UNRESTRICTED 15,000

ALLIED SERVICES INTEGRATED HEALTH SYSTEM

100 ABINGTON EXECUTIVE PARK
CLARKS SUMMIT,PA18411 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

ALZHEIMER'S ASSOCIATION

225 N MICHIGAN AVE FL 17
CHICAGO,IL60601 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

APPALACHAIN MOUNTAIN CLUB

5 JOY STREET
BOSTON,MA021081490 		NONE PUBLIC CHARITY UNRESTRICTED 275

APPALACHAIN TRAIL CONSERVANCY

799 WASHINGTON STREET
HARPERS FERRY,WV254250807 		NONE PUBLIC CHARITY UNRESTRICTED 275

ARISE FOR SOCIAL JUSTICE

38 SCHOOL STREET
SPRINGFIELD,MA01105 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

BARRINGTON STAGE COMPANY

30 UNION STREET
PITTSFIELD,MA01201 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

BERKSHIRE BOTANICAL GARDEN

5 W STOCKBRIDGE RD
STOCKBRIDGE,MA01262 		NONE PUBLIC CHARITY UNRESTRICTED 100

BERKSHIRE COUNTRY DAY SCHOOL

PO BOX 867
LENOX,MA01240 		NONE PUBLIC CHARITY UNRESTRICTED 7,500

BERKSHIRE GROWN

PO BOX 983
GREAT BARRINGTON,MA01230 		NONE PUBLIC CHARITY UNRESTRICTED 2,500

BERKSHIRE MUSEUM

39 SOUTH STREET
PITTSFIELD,MA01201 		NONE PUBLIC CHARITY UNRESTRICTED 250

BERKSHIRE NATURAL RESOURCES COUNCIL

20 BANK ROW
PITTSFIELD,MA01201 		NONE PUBLIC CHARITY UNRESTRICTED 500

BERKSHIRE REGIONAL COMMUNITY CENTER

15 CRISSEY RD
GREAT BARRINGTON,MA01230 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

BERKSHIRE THEATER GROUP

111 SOUTH STREET
PITTSFIELD,MA01201 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

BOSTON SYMPHONY ORCHESTRA

301 MASSACHUSETTS AVE
BOSTON,MA02115 		NONE PUBLIC CHARITY UNRESTRICTED 4,850

BRIDGE

15 PUBLIC SQUARE SUITE 504
WILKES BARRE,PA18701 		NONE PUBLIC CHARITY UNRESTRICTED 2,500

CIRCLE CENTRE FOR THE ARTS

130 S FRANKLIN ST
WILKES BARRE,PA18701 		NONE PUBLIC CHARITY UNRESTRICTED 100

CLOSE ENCOUNTERS WITH MUSIC

642 CASTLE STREET
GREAT BARRINGTON,MA01230 		NONE PUBLIC CHARITY UNRESTRICTED 1,500

CONGREGATION EITZ CHAYIM

136 MAGAZINE ST
CAMBRIDGE,MA02139 		NONE PUBLIC CHARITY UNRESTRICTED 2,500

CONSTRUCT INC

316A STATE RD
GREAT BARRINGTON,MA01230 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

CORNELL UNIVERSITY

130 E SENECA STREET SUITE 400
ITHACA,NY14850 		NONE PUBLIC CHARITY UNRESTRICTED 10,000

DAY ONE NEW YORK INC

PO BOX 3220 CHURCH STREET STATION
NEW YORK,NY10008 		NONE PUBLIC CHARITY UNRESTRICTED 267

DINNERS FOR KIDS INC

84 S WYOMING AVE
EDWARDSVILLE,PA18704 		NONE PUBLIC CHARITY UNRESTRICTED 1,100

DISTINGUISHED DAUGHTERS OF PA

897 STEVENDALE DRIVE
PITTSBURGH,PA15221 		NONE PUBLIC CHARITY UNRESTRICTED 500

EARTHSEED EXPERIMENTAL THEATER PROJECT INC

59 EAST 4TH
NEW YORK,NY10003 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

ELIZABETH FREEMAN CENTER

43 FRANCIS AVE
PITTSFIELD,MA01201 		NONE PUBLIC CHARITY UNRESTRICTED 2,500

FAIRVIEW HOSPITAL

29 LEWIS AVE
GREAT BARRINGTON,MA01230 		NONE PUBLIC CHARITY UNRESTRICTED 15,000

FRIEDMAN JCC

613 SJ STRAUSS LN
KINGSTON,PA18704 		NONE PUBLIC CHARITY UNRESTRICTED 100

GREAT BARRINGTON HISTORICAL SOCIETY

817 SOUTH MAIN STREET
GREAT BARRINGTON,MA01230 		NONE PUBLIC CHARITY UNRESTRICTED 150

GREAT BARRINGTON LAND CONSERVATORY

PO BOX 987
GREAT BARRINGTON,MA01230 		NONE PUBLIC CHARITY UNRESTRICTED 5,000

GREAT BARRINGTON PUBLIC THEATRE

PO BOX 825
GREAT BARRINGTON,MA01230 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

GREENAGERS INC

62 N UNDERMOUNTAIN RD
SOUTH EGREMONT,MA01258 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

HARMONY HOMESTEAD & WHOLENESS CENTER

101 W END RD
HILLSDALE,NY12529 		NONE PUBLIC CHARITY UNRESTRICTED 2,500

HEBREW IMMIGRANT AID SOCIETY

2100 ARCH STREET 3RD FL
PHILADELPHIA,PA19103 		NONE PUBLIC CHARITY UNRESTRICTED 500

HEVREH OF SOUTHERN BERKSHIRE

270 STATE ROAD
GREAT BARRINGTON,MA01230 		NONE PUBLIC CHARITY UNRESTRICTED 3,560

HILLEL

800 EIGHTH STREET
WASHINGSTON,DC20037 		NONE PUBLIC CHARITY UNRESTRICTED 500

HOUSATONIC VALLEY ASSOCIATION

1383 PLEASANT STREETPO BOX251
SOUTH LEE,MA01260 		NONE PUBLIC CHARITY UNRESTRICTED 250

INSTITUTE OF AFROFUTURIST ECOLOGY INC

2633 NY STATE ROUTE 23
HILLSDALE,NY12529 		NONE PUBLIC CHARITY UNRESTRICTED 2,500

JEWISH FOUNDATION OF GREATER NEW HAVEN

360 AMITY RD SUITE 201
WOODBRIDGE,CT06525 		NONE PUBLIC CHARITY UNRESTRICTED 100

JEWISH WOMEN'S FOUNDATION OF THE BERKSHIRES

196 SOUTH STREET
PITTSFIELD,MA01201 		NONE PUBLIC CHARITY UNRESTRICTED 750

JOINT DISTRIBUTION COMMITTEE

PO BOX 96594
WASHINGSTON,DC20090 		NONE PUBLIC CHARITY UNRESTRICTED 10,000

KING'S COLLEGE

133 NORTH RIVER STREET
WILKES BARRE,PA18711 		NONE PUBLIC CHARITY UNRESTRICTED 2,000

LEUKEMIA & LYMPHOMA SOCIETY

100 N 20TH STREET SUITE 405
PHILADELPHIA,PA19103 		NONE PUBLIC CHARITY UNRESTRICTED 50

MARLEY'S MISSION

2150 PORT ROYAL RD
CLARKS SUMMIT,PA18411 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

MEDICAL ONCOLOGY ASSOCIATES PRESCRIPTION ASSISTANCE FUND

382 PIERCE ST
KINGSTON,PA18704 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

MEMORIAL SLOAN KETTERING CANCER CENTER

PO BOX 5028
HAGERSTOWN,MD21741 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

MORNINGSIDE CENTER FOR TEACHING SOCIAL RESPONSIBILITY

475 RIVERSIDE DR 550
NEW YORK,NY10115 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

MUSIC BOX DINNER PLAYHOUSE

196 HUGHES ST
SWOYERSVILLE,PA18704 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

NAACP BERKSHIRE COUNTY BRANCH

PO BOX 605
PITTSFIELD,MA012020605 		NONE PUBLIC CHARITY UNRESTRICTED 2,000

NAPLES HIGH SCHOOL BAND

1100 GOLDEN EAGLE CIR
NAPLES,FL34102 		NONE PUBLIC CHARITY UNRESTRICTED 150

NATIONAL ORGANIZATION FOR WOMEN

PO BOX 1848
MERRIFIELD,VA22116 		NONE PUBLIC CHARITY UNRESTRICTED 250

NATIONAL PARKS CONSERVATION ASSOCIATION

777 6TH ST NW SUITE 700
WASHINGSTON,DC20001 		NONE PUBLIC CHARITY UNRESTRICTED 100

NAUMKEAG

5 PROSPECT HILL ROAD
STOCKBRIDGE,MA01262 		NONE PUBLIC CHARITY UNRESTRICTED 180

NEW ISRAEL FUND

330 SEVENTH AVE 11TH FLOOR
NEW YORK,NY10001 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

NORMAN ROCKWELL MUSEUM

PO BOX 308 ROUTE 183
STOCKBRIDGE,MA01262 		NONE PUBLIC CHARITY UNRESTRICTED 150

NY JEWISH WEEK

520 EIGHTH AVE
NEW YORK,NY10018 		NONE PUBLIC CHARITY UNRESTRICTED 200

OPTION INSTITUTE AND FELLOWSHIP

2049 S UNDERMOUNTAIN RD
SHEFFIELD,MA01257 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

PAN MASS CHALLENGE DANNY BAKER

21 RITTENHOUSE ROAD
WORCESTER,MA01602 		NONE PUBLIC CHARITY UNRESTRICTED 250

PATRIOTS COVE

4298 PA-29 SOUTH
NOXEN,PA18636 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

PEOPLE'S PANTRY

5 ST JAMES PL
GREAT BARRINGTON,MA01230 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

PINK CONCUSSIONS

14 HAVILAND STREET UNIT B1
NORWALK,CT06854 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

PLANNED PARENTHOOD OF NEPA

PO BOX 813
TREVERTON,PA18087 		NONE PUBLIC CHARITY UNRESTRICTED 2,500

RACE TO ERASE MS

206 FROST HOLLOW ROAD
EASTON,PA18040 		NONE PUBLIC CHARITY UNRESTRICTED 250

RAILROAD STREET YOUTH PROJECT

MEMORIAL PARK 60 BRIDGE ST
GREAT BARRINGTON,MA01230 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

REFORM ISRAEL APPEAL

PO BOX 170305
MILWAUKEE,IL532179962 		NONE PUBLIC CHARITY UNRESTRICTED 1,250

RONALD MCDONALD HOUSE CHARITIES NY METRO

267-07 76TH AVE
QUEENS,NY11040 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

ROOTS & DREAMS AND MUSTARD SEEDS INC

5 MELVILLE STREET
PITTSFIELD,MA01201 		NONE PUBLIC CHARITY UNRESTRICTED 2,000

RURAL INTELLIGENCE

45 PINE GROVE AVE SUITE 303
KINGSTON,NY12401 		NONE PUBLIC CHARITY UNRESTRICTED 250

SOUTHERN POVERTY LAW CENTER

400 WASHINGTON AVENUE
MONTGOMERY,AL36104 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

SPOTLIGHT PA

PO BOX 11728
HARRISBURG,PA17108 		NONE PUBLIC CHARITY UNRESTRICTED 8,000

ST JOHN THE BAPTIST ORTHODOX CHURCH

93 ZERBY AVE
EDWARDSVILLE,PA18704 		NONE PUBLIC CHARITY UNRESTRICTED 50

ST JUDE'S RESEARCH HOSPITAL

501 ST JUDE PLACE
MEMPHIS,TN38105 		NONE PUBLIC CHARITY UNRESTRICTED 1,000

TEMPLE ISRAEL

239 SOUTH RIVER STREET
WILKES BARRE,PA18702 		NONE PUBLIC CHARITY UNRESTRICTED 1,350

THE ALS ASSOCIATION GREATER NY CHAPTER

42 BROADWAY SUITE 1724
NEW YORK,NY10004 		NONE PUBLIC CHARITY UNRESTRICTED 200

THE AMERICAN FRIENDS OF BATSHEVA

1201 BROADWAY SUITE 507
NEW YORK,NY10001 		NONE PUBLIC CHARITY UNRESTRICTED 500

THE NATURE CONSERVANCY

PO BOX 6015
ALBERT LEA,MN56007 		NONE PUBLIC CHARITY UNRESTRICTED 350

THE PEACE & JUSTICE CENTER

63 NORTH FRANKLIN STREET
WILKES BARRE,PA18702 		NONE PUBLIC CHARITY UNRESTRICTED 2,500

THE TRIPLEX CINEMA INC

70 RAILROAD ST
GREAT BARRINGTON,MA01230 		NONE PUBLIC CHARITY UNRESTRICTED 2,500

UNION FOR REFORM JUDAISM

633 THIRD AVENUE 7TH FLOOR
NEW YORK,NY10017 		NONE PUBLIC CHARITY UNRESTRICTED 100

US HOLOCAUST MEMORIAL MUSEUM

PO BOX 7022
ALBERT LEA,MN560078022 		NONE PUBLIC CHARITY UNRESTRICTED 100

VIM-BERKSHIRES

777 SOUTH MAIN STREET STE 4
GREAT BARRINGTON,MA01230 		NONE PUBLIC CHARITY UNRESTRICTED 1,100

WIKIMEDIA FOUNDATION

1 SANSOME STREET SUITE 1895
SAN FRANCISCO,CA94104 		NONE PUBLIC CHARITY UNRESTRICTED 500

WYOMING SEMINARY

1560 WYOMING AVENUE
FORTY FORT,PA18704 		NONE PUBLIC CHARITY UNRESTRICTED 2,500

YIDDISH BOOK CENTER

1021 WEST ST
AMHERST,MA01002 		NONE PUBLIC CHARITY UNRESTRICTED 2,500
Total .................................right arrow 3a 150,993
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 29,258  
4 Dividends and interest from securities ....     14 180,401  
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 .....     01 5,318  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 35,542  
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) .. 0 250,519 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
250,519
(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 InvestmentsCorpBondsSchedule
Name:
SHOVAL FOUNDATION
EIN:
23-3024646
Name of Bond End of Year Book Value End of Year Fair Market Value
PRUDENTIAL FINANCIAL INC 100,133 100,133
GENERAL MOTORS FIN CO 5.7500% 143,777 143,777
FORD MOTOR CO 114,450 114,450
SEMPRA ENERGY 68,100 68,100
EDISON INTERNATIONAL 5.3750% 147,912 147,912
PLAINS ALL AMER PIPELINE 6.125% 54,592 54,592
UNITED STATES CELLULAR CORP 5.50% 44,760 44,760
CORP BONDS ACCRUED 18,120 18,120
CITIZENS FIN GROUP 6.00% 24,967 24,967
PNC FINANCIAL SERVICES GROUP 50,498 50,498
TRUIST FINANCIAL CORP 127,026 127,026
GOLDMAN SACHS GROUP INC 112034 74,156 74,156
GOLDMAN SACHS GROUP INC 052029 104,518 104,518
METLIFE INC 99,941 99,941
STATE STREET CORP 102,064 102,064
US BANCORP 98,690 98,690
AES CORP 102,699 102,699
ASSOCIATED BANC CORP NT 33 49,420 49,420
ATHENE HOLDING LTD 50,140 50,140

TY 2024 InvestmentsCorpStockSchedule
Name:
SHOVAL FOUNDATION
EIN:
23-3024646
Name of Stock End of Year Book Value End of Year Fair Market Value
CAPITAL ONE FINANCIAL 5% 95,100 95,100
BRIGHTHOUSE 44,300 44,300
OLD NATL BANCP IND 7 DP SH P C 49,400 49,400
WELLS FARGO & CO 4.75% 102,000 102,000
JPMORGAN CHASE & 4.20% 37,780 37,780
TELEPHONE & DATA SYS 6% 69,200 69,200
TEXAS CAPITAL BANC 5.75% 38,860 38,860
WARNER BROS DISCOVERY INC SER 8,435 8,435
EQUITABLE HLDGS INC 5.25% 40,920 40,920
FIRST CTZNS BANCSHARES INC N C 47,124 47,124
BANK OF AMERICA CO 5.00 SER LL 43,200 43,200
MERCHANTS BCRP IND 7.625% 50,600 50,600
REGIONS FINANCIAL CO 6.95% 52,480 52,480

TY 2024 InvestmentsGovtObligationsSch
Name:
SHOVAL FOUNDATION
EIN:
23-3024646
US Government Securities - End of Year Book Value:

179,264
US Government Securities - End of Year Fair Market Value:

179,264
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
SHOVAL FOUNDATION
EIN:
23-3024646
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BLACKROCK CAP ALLOCATION TR FMV 37,875 37,875
BLACKROCK ESG CAP ALLO TRUST FMV 205,000 205,000
BLACKROCK HEALTH SCIENCS TR II FMV 56,160 56,160
BLACKROCK INNOVATION AND GRW B FMV 57,288 57,288
E V ADV FLOATING RATE I FMV 77,536 77,536

TY 2024 LegalFeesSchedule
Name:
SHOVAL FOUNDATION
EIN:
23-3024646
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 5 5   5


TY 2024 OtherExpensesSchedule
Name:
SHOVAL FOUNDATION
EIN:
23-3024646
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 7,321 7,321   0


TY 2024 OtherIncomeSchedule2
Name:
SHOVAL FOUNDATION
EIN:
23-3024646
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INCOME FROM PASSTHROUGH ENTITIES 5,318 5,318 5,318


TY 2024 OtherIncreasesSchedule
Name:
SHOVAL FOUNDATION
EIN:
23-3024646
Description Amount
UNREALIZED GAIN ON INVESTMENTS 56,051


TY 2024 TaxesSchedule
Name:
SHOVAL FOUNDATION
EIN:
23-3024646
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES 2,727 0   0