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
LAW FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)820 MORRIS TURNPIKE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SHORT HILLS, NJ07078
A Employer identification number

22-3074635
B Telephone number (see instructions)

(973) 924-8246
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$249,280,011J Accounting method:
MODIFIED CASH
(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) 9,560,283
2 Check right arrow.............
3 Interest on savings and temporary cash investments 56,160 56,160  
4 Dividends and interest from securities... 6,621,230 6,925,439  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 663,922
b Gross sales price for all assets on line 6a 20,861,442
7 Capital gain net income (from Part IV, line 2)... 922,233
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
9,607 1,441,624  
12 Total. Add lines 1 through 11........ 16,911,202 9,345,456  
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).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
36,901 0   31,201
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
485,658 485,658   0
17 Interest...............   471,761    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
66,127 20,160   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
2,439 166,865   1,869
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 591,125 1,144,444   33,070
25 Contributions, gifts, grants paid....... 9,817,633 9,817,633
26 Total expenses and disbursements. Add lines 24 and 25 10,408,758 1,144,444   9,850,703
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,502,444
b Net investment income (if negative, enter -0-) 8,201,012
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......... 3,444,475 8,202,481 8,202,481
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) 776,136 Click to see attachment
List of Attached Documents:
// Content
513,660 		513,660
b Investments—corporate stock (attach schedule)....... 61,657,787 Click to see attachment
List of Attached Documents:
// Content
71,384,161 		71,384,161
c Investments—corporate bonds (attach schedule)....... 99,741,242 Click to see attachment
List of Attached Documents:
// Content
105,638,914 		105,638,914
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).......... 62,816,837 Click to see attachment
List of Attached Documents:
// Content
63,540,795 		63,540,795
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) 228,436,477 249,280,011 249,280,011
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........... 228,436,477 249,280,011
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)..... 228,436,477 249,280,011
30 Total liabilities and net assets/fund balances (see instructions). 228,436,477 249,280,011
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
228,436,477
2
Enter amount from Part I, line 27a .....................
2
6,502,444
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
14,341,090
4
Add lines 1, 2, and 3 ..........................
4
249,280,011
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
249,280,011
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 PUBLICLY TRADED SECURITIES      
b JPMORGAN CHASE & CO CLD JR SUBORDNTD SER R (180,000.000 SHARES) D    
c GLOBAL LONG SHORT PARTNERS P    
d PRIVATE EQUITY CO-INVESTMENT PARTNERS OFFSHORE SCSP P    
e PRIVATE EQUITY MANAGERS (2015) OFFSHORE, LP P    
THRU KKR ASIAN FUND III LP K-1 P    
THRU KKR ASIAN FUND IV KOREA AIV K-1 P    
THRU KKR ASIAN III JAPAN AIV K-1 P    
THRU VOLTA INVESTMENTS SLP K-1 P    
THRU THIRD POINT PARTNERS QUALIFIED LP K-1 P    
THRU VINTAGE VII AIV OFFSHORE SCSP K-1 P    
THRU WEST STREET CAPITAL PARTNERS VII - PARRALLEL, K-1 P    
THRU WEST STREET CAPITAL PARTNERS VIII - PARRALLEL LP K-1 P    
THRU KKR ASIAN FUND IV JAPAN AIV LP K-1 P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 20,681,442   20,497,370 184,072
b 180,000   180,000 0
c       1,366
d       294,126
e       184,358
      124,851
      28,833
      661,602
      -333,800
      -71,343
      1,730
      -216,401
      -53,651
      116,490
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       184,072
b       0
c       1,366
d       294,126
e       184,358
      124,851
      28,833
      661,602
      -333,800
      -71,343
      1,730
      -216,401
      -53,651
      116,490
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 2 922,233
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) 1 113,994
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........................... 3 113,994
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- ..... 5 113,994
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 143,568
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 153,568
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 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 39,574
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow39,574 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowNJ
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 .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
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 arrowPKF O'CONNOR DAVIES ADVISORY LLC Telephone no.right arrow (212) 286-2600

Located atright arrow245 PARK AVENUE 12TH FLOORNEW YORKNY ZIP+4right arrow10167
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
LEONARD WILF CHAIRMAN, PRESIDENT & TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
ORIN WILF VICE PRESIDENT & TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
BETH WILF TREASURER, SECRETARY & TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
ZYGMUNT WILF TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
HALLE WILF TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
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
GOLDMAN SACHS & CO LLC INVESTMENT MANAGEMENT 485,658
200 WEST STREET
NEW YORK,NY10282
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
236,788,315
b
Average of monthly cash balances.......................
1b
3,513,940
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
240,302,255
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
240,302,255
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,604,534
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
236,697,721
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
11,834,886
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
11,834,886
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
113,994
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
55,575
c
Add lines 2a and 2b............................
2c
169,569
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
11,665,317
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
11,665,317
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
11,665,317
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
9,850,703
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
9,850,703
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 11,665,317
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 9,103,349
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$ 9,850,703
a Applied to 2023, but not more than line 2a 9,103,349
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..... 747,354
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 .......... 		10,917,963
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).)
LEONARD WILF
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

ALLEN-STEVENSON SCHOOL

132 EAST 78TH STREET
NEW YORK,NY10021 		N/A PC ANNUAL SUPPORT 25,000

AMERICAN COMMITTEE FOR SHAARE ZEDEK

55 WEST 39TH STREET
NEW YORK,NY10018 		N/A PC PEDIATRIC NEUROSURGERY UNIT 200,000

AMERICAN JEWISH COMMITTEE

165 EAST 56TH STREET
NEW YORK,NY10022 		N/A PC CENTER FOR ADVOCACY AND STUDENT 50,000

AMERICAN NATIONAL RED CROSS

209 FAIRFIELD ROAD
FAIRFIELD,NJ07004 		N/A PC HURRICANE HELENE RELIEF 250,000

AMERICAN NATIONAL RED CROSS

209 FAIRFIELD ROAD
FAIRFIELD,NJ07004 		N/A PC SERVICES TO THE ARMED FORCES 250,000

AMERICAN NATIONAL RED CROSS

209 FAIRFIELD ROAD
FAIRFIELD,NJ07004 		N/A PC HURRICANES HELENE AND MILTON 100,000

AMERICAN NATIONAL RED CROSS

209 FAIRFIELD ROAD
FAIRFIELD,NJ07004 		N/A PC HURRICANE BERYL RELIEF 25,000

AMERICAN NATIONAL RED CROSS

209 FAIRFIELD ROAD
FAIRFIELD,NJ07004 		N/A PC BENEFIT SUPPORT 15,000

ANTI-DEFAMATION LEAGUE

605 THIRD AVE 9TH FL
NEW YORK,NY10158 		N/A PC ON-CAMPUS ANTISEMITISM EFFORTS 25,000

ARMY HISTORICAL FOUNDATION INC

PO BOX 96281
WASHINGTON,DC20090 		N/A PC ANNUAL SUPPORT 1,000

ATLANTIC HEALTH SYSTEM INC

48 BEAUVOIR AVENUE
SUMMIT,NJ07901 		N/A PC BENEFIT SUPPORT 5,200

BIG DOG RANCH RESCUE INC

14444 OKEECHOBEE BLVD
LXHTCHEE GRVS,FL33470 		N/A PC ANNUAL SUPPORT 25,000

BIRCH WATHEN LENOX SCHOOL

210 EAST 77TH STREET
NEW YORK,NY10021 		N/A PC MIDDLE EASTERN HISTORY CURRICULUM 25,000

CALIFORNIA INSTITUTE OF TECHNOLOGY

1200 EAST CALIFORNIA BLVD
PASADENA,CA91125 		N/A PC EARLY STAGE RESEARCH IN SPACE 100,000

CENTRAL FUND OF ISRAEL

C/O J MARK INTERIORS
CEDARHURST,NY11516 		N/A PC CYBERWELL 40,000

CENTRAL PARK CONSERVANCY

14 EAST 60TH STREET
NEW YORK,NY10022 		N/A PC FOR ALL CAMPAIGN 50,000

CENTRAL PARK CONSERVANCY

14 EAST 60TH STREET
NEW YORK,NY10022 		N/A PC TASTE OF SUMMER 10,000

CENTRAL PARK CONSERVANCY

14 EAST 60TH STREET
NEW YORK,NY10022 		N/A PC ADOPT A BENCH PROGRAM 10,000

CENTRAL PARK CONSERVANCY

14 EAST 60TH STREET
NEW YORK,NY10022 		N/A PC ANNUAL SUPPORT 10,000

CHABAD SERVING ELON AND SURROUNDINGS INC

107 TRUITT DR
ELON,NC27244 		N/A PC GENERAL SUPPORT 50,000

CHABAD SERVING ELON AND SURROUNDINGS INC

107 TRUITT DR
ELON,NC27244 		N/A PC PASSOVER SEDER 15,000

CHARITIES AID FOUNDATION OF AMERICA

225 REINEKERS LANE SUITE 375
ALEXANDRIA,VA22314 		N/A PC WEST LONDON SYNAGOGUE 1,800

CHILDREN OF DIFFERENCE FOUNDATION INC

173 E INLET DR
PALM BEACH,FL33480 		N/A PC PARTING THE WATERS DOCUMENTARY 18,000

CLUB Z

1055 RIVERTON DRIVE
SAN CARLOS,CA94070 		N/A PC ZIONISM EDUCATION FOR TEENS 50,000

COUNCIL ON CRIMINAL JUSTICE INC

2612 BROOKWOOD DRIVE NE
ATLANTA,GA30305 		N/A PC VETERANS JUSTICE PROJECT 100,000

DEAL PBA

PO BOX 56
DEAL,NJ07723 		N/A PC ANNUAL SUPPORT 500

FACING HISTORY AND OURSELVES INC

150 BROADWAY SUITE 2100
NEW YORK,NY10038 		N/A PC CONTEMPORARY ANTISEMITISM 100,000

FILM SOCIETY OF LINCOLN CENTER

70 LINCOLN CENTER PLAZA
NEW YORK,NY10023 		N/A PC ANNUAL SUPPORT 10,000

FISH & WILDLIFE FOUNDATION OF FLORIDA INC

PO BOX 11010
TALLAHASSEE,FL32302 		N/A PC ANNUAL SUPPORT 10,000

FLORIDA OCEANOGRAPHIC SOCIETY INC

890 NE OCEAN BLVD
STUART,FL34996 		N/A PC ANNUAL SUPPORT 1,000

FOOD BANK FOR NEW YORK CITY

39 BROADWAY 10TH FLOOR
NEW YORK,NY10006 		N/A PC ANNUAL SUPPORT 25,000

FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC

475 SOUTH STREET
MORRISTOWN,NJ07962 		N/A PC SUPPORT FOR THE HARRY WILF 50,000

FULFILL MONMOUTH & OCEAN

3300 ROUTE 66
NEPTUNE,NJ07753 		N/A PC ANNUAL SUPPORT 25,000

FUND FOR WEST PALM BEACH POLICE

1100 S FLAGLER DRIVE SUITE 802
WEST PALM,FL33401 		N/A PC ANNUAL SUPPORT 25,000

GREEN BERET FOUNDATION

14351 BLANCO ROAD
SAN ANTONIO,TX78216 		N/A PC ANNUAL SUPPORT 5,000

HISTORICAL SOCIETY OF PALM BEACH COUNTY

PO BOX 4364
WEST PALM BCH,FL33402 		N/A PC GENERAL SUPPORT 10,000

HUN SCHOOL OF PRINCETON

176 EDGERSTOUNE ROAD
PRINCETON,NJ08540 		N/A PC RESIDENCE HALL PLEDGE 500,000

IMAGINATION PRODUCTIONS

11110 W OAKLAND PARK BLVD
SUNRISE,FL33351 		N/A PC AMPLIFIED JEWISH ZIONIST SOCIAL 25,000

INTERFAITH FOOD PANTRY

2 EXECUTIVE DIVE
MORRIS PLAINS,NJ07950 		N/A PC ANNUAL SUPPORT 25,000

INVESTIGATIVE PROJECT ON TERRORISM FOUNDATION

5614 CONNECTICUT AVENUE NW
WASHINGTON,DC20015 		N/A PC ANNUAL SUPPORT 10,000

JACKIE ROBINSON FOUNDATION INC

75 VARICK STREET 2ND FLOOR
NEW YORK,NY10013 		N/A PC ANNUAL SUPPORT 10,000

JASA

247 WEST 37TH STREET 9TH FLOOR
NEW YORK,NY10018 		N/A PC ANNUAL SUPPORT 2,500

JEWISH EDUCATIONAL CENTER

330 ELMORA AVENUE
ELIZABETH,NJ07208 		N/A PC AD JOURNAL 10,000

JEWISH FEDERATION OF GREATER METRWEST NJ

901 ROUTE 10
WHIPPANY,NJ07981 		N/A PC ISRAEL EMERGENCY SUPPORT 1,583,333

JEWISH FEDERATION OF PALM BEACH COUNTY

1 HARVARD CIRCLE
WEST PALM,FL33409 		N/A PC ANNUAL SUPPORT 50,000

JUPITER MEDICAL CENTER FOUNDATION INC

1210 S OLD DIXIE HIGHWAY
JUPITER,FL33458 		N/A PC ANNUAL SUPPORT 10,000

KRAVIS CENTER FOR THE PERFORMING ARTS

701 OKEECHOBEE BLVD
WEST PALM BCH,FL33401 		N/A PC GENERAL SUPPORT 10,000

LEXINGTON INSTITUTE

1600 WILSON BOULEVARD
ARLINGTON,VA22209 		N/A PC ANNUAL SUPPORT 10,000

LOUIS D BRANDEIS CENTER

1717 PENNSYLVANIA AVE NW
WASHINGTON,DC20006 		N/A PC PROGRAM SUPPORT 200,000

MAKE-A-WISH FOUNDATION OF AMERICA

3550 NORTH CENTRAL AVENUE
PHOENIX,AZ85012 		N/A PC GENERAL SUPPORT 50,000

MEMORIAL SLOAN KETTERING CANCER CENTER

885 2ND AVENUE 7TH FLOOR
NEW YORK,NY10021 		N/A PC MEMORIAL DONATION RICHARD KANTER 1,800

MORSELIFE FOUNDATION INC

4847 DAVID MACK DR
WEST PALM,FL33417 		N/A PC HOLOCAUST LEARNING EXPERIENCE 50,000

MORSELIFE FOUNDATION INC

4847 DAVID MACK DR
WEST PALM,FL33417 		N/A PC ANNUAL SUPPORT 35,000

MRCC FOUNDATION INC

713 PASSAIC AVENUE
WEST CALDWELL,NJ07006 		N/A PC ANNUAL SUPPORT 1,000

NATIONAL COUNCIL OF YOUNG ISRAEL

50 EISENHOWER DRIVE
PARAMUS,NJ07652 		N/A PC GENERAL SUPPORT 18,000

NATIONAL LIBRARY OF ISRAEL USA

25 WEST 45TH STREET
NEW YORK,NY10036 		N/A PC CAPITAL SUPPORT 300,000

NATIONAL MEDAL OF HONOR MUSEUM FOUNDATION

1717 EAST RANDOL MILL ROAD
ARLINGTON,TX76011 		N/A PC FOUNDERS CIRCLE PLEDGE 100,000

NER L'HOREINU INC

9215 E FAIRWAY BLVD
SUN LAKES,AZ85248 		N/A PC ISRAEL EMERGENCY SUPPORT 100,000

NER L'HOREINU INC

9215 E FAIRWAY BLVD
SUN LAKES,AZ85248 		N/A PC SUPPORT FOR ISRAEL 100,000

NEW YORK PRESBYTERIAN FUND

850 THIRD AVENUE
NEW YORK,NY10022 		N/A PC CAMPAIGN PLEDGE 2,000,000

NEW YORK PRESBYTERIAN FUND

850 THIRD AVENUE
NEW YORK,NY10022 		N/A PC SR. WILNER'S WORK WITH PTSD 100,000

NEW YORK UNIVERSITY SCHOOL OF LAW

22 WASHINGTON SQUARE NORTH
NEW YORK,NY10011 		N/A PC PLEDGE TO PUBLIC INTEREST LAW 500,000

NEW YORK YANKEES FOUNDATION INC

EAST 161ST STREET AND RIVER
BRONX,NY10451 		N/A PC GENERAL SUPPORT 1,000

NJ FORMER TROOPERS HERITAGE FOUNDATION INC

PO BOX 7852
WEST TRENTON,NJ08628 		N/A PC BENEFIT SUPPORT 5,000

OPERATION FINALLY HOME

1659 STATE HIGHWAY 46 WEST
NEW BRAUNFELS,TX78132 		N/A PC ANNUAL SUPPORT 10,000

PALM BEACH COUNTRY CLUB FOUNDATION INC

760 N OCEAN BLVD
PALM BEACH,FL33480 		N/A PC ANNUAL SUPPORT 5,000

PALM BEACH COUNTY FOOD BANK INC

701 BOUTWELL ROAD
LAKE WORTH,FL33461 		N/A PC ANNUAL SUPPORT 25,000

PALM BEACH CULTURAL INNOVATION INC

222 LAKEVIEW AVE STE 1660
WEST PALM BCH,FL33401 		N/A PC TAKE A SEAT CAMPAIGN 10,000

PALM BEACH ORTHODOX SYNAGOGUE

120 NORTH COUNTY ROAD
PALM BEACH,FL33480 		N/A PC ANNUAL SUPPORT 18,000

PALM BEACH ORTHODOX SYNAGOGUE

120 NORTH COUNTY ROAD
PALM BEACH,FL33480 		N/A PC YOUNG JEWISH PROFESSIONALS 18,000

PALM BEACH POLICE FOUNDATION INC

139 N COUNTY RD STE 20C
PALM BEACH,FL33480 		N/A PC ANNUAL SUPPORT 25,000

PALM BEACH UNITED WAY

44 COCOANUT ROW
PALM BEACH,FL33480 		N/A PC ANNUAL SUPPORT 25,000

PARK EAST SYNAGOGUE

164 EAST 68TH STREET
NEW YORK,NY10065 		N/A PC YOM KIPPUR CONTRIBUTION 25,000

PARK EAST SYNAGOGUE

164 EAST 68TH STREET
NEW YORK,NY10065 		N/A PC BOOK OF REMEMBRANCE 200

PECONIC HOCKEY FOUNDATION INC

PO BOX 374
WADING RIVER,NY11792 		N/A PC ANNUAL SUPORT 17,500

PGA TOUR FIRST TEE FOUNDATION INC

13000 SAWGRASS VILLAGE CIRCLE
PONTE VEDRA,FL32082 		N/A PC MEMORIAL DONATION 1,800

PLANNED PARENTHOOD FEDERATION OF AMERICA

123 WILLIAM STREET
NEW YORK,NY10038 		N/A PC BENEFIT SUPPORT FLORIDA 10,000

RABBINICAL COLLEGE OF AMERICA

PO BOX 1996
MORRISTOWN,NJ07962 		N/A PC ROSH HASHANAH CONTRIBUTION 25,000

RABBINICAL COLLEGE OF AMERICA

PO BOX 1996
MORRISTOWN,NJ07962 		N/A PC CAPITAL SUPPORT 250,000

RIVERDALE COUNTRY SCHOOL

5250 FIELDSTON ROAD
BRONX,NY10471 		N/A PC ANNUAL SUPORT 10,000

ROGER WILLIAMS UNIVERSITY

ONE OLD FERRY ROAD
BRISTOL,RI02809 		N/A PC REAL ESTATE SYMPOSIUM 5,000

SILVER SHIELD FOUNDATION INC

870 UNITED NATIONS PLAZA
NEW YORK,NY10017 		N/A PC ANNUAL SUPPORT 10,000

SQUASH AND EDUCATION ALLIANCE

75 BROAD STREET SUITE 407
NEW YORK,NY10004 		N/A PC ANNUAL SUPPORT 1,000

SUNRISE ASSOCIATION

11 NEIL COURT
OCEANSIDE,NY11572 		N/A PC CAMPERSHIPS FOR ISRAEL, PEARL 78,000

SUTTON PLACE SYNAGOGUE

225 EAST 51ST STREET
NEW YORK,NY10022 		N/A PC YOM KIPPUR 18,000

THE EVERGLADES FOUNDATION INC

18001 OLD CUTLER ROAD
PALMETTO BAY,FL33157 		N/A PC ANNUAL SUPPORT 25,000

THE FIRST TEE OF METROPOLITAN NEW YORK

3545 JEROME AVENUE
BRONX,NY10467 		N/A PC FOUNDERS INVITATIONAL 25,000

THE GEORGE W BUSH FOUNDATION

2943 SMU BLVD
DALLAS,TX75205 		N/A PC MILITARY SERVICE INITIATIVE PLEDGE 100,000

THE PHILOS PROJECT INC

10 E 33RD STREET
NEW YORK,NY10016 		N/A PC PROMOTING SOLIDARITY BETWEEN 25,000

TIKVAH FUND

165 E 56TH ST
NEW YORK,NY10022 		N/A PC UNIVERSITY LEADERSHIP PROGRAM 100,000

UJA-FEDERATION OF NEW YORK

130 EAST 59TH STREET
NEW YORK,NY10022 		N/A PC MET COUNCIL FOOD DISTRIBUTION 50,000

UJA-FEDERATION OF NEW YORK

130 EAST 59TH STREET
NEW YORK,NY10022 		N/A PC GERIATRICS CAREER DEVELOPMENT 25,000

UJA-FEDERATION OF NEW YORK

130 EAST 59TH STREET
NEW YORK,NY10022 		N/A PC ANNUAL SUPPORT 360,000

YESHIVA UNIVERSITY

500 WEST 185TH STREET
NEW YORK,NY10033 		N/A PC GENERAL SUPPORT 1,000,000
Total .................................right arrow 3a 9,817,633
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 56,160  
4 Dividends and interest from securities .... 901101 66,675 14 6,554,555  
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 9,607  
8 Gain or (loss) from sales of assets other than
inventory ............ 		901101 -47,145 18 711,067  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INVESTMENT INCOME THROUGH K-1S 		901101 533,118 01 -533,118  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 552,648 6,798,271 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
7,350,919
(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
LAW FOUNDATION INC
 
Employer identification number

22-3074635
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
LAW FOUNDATION INC
  		Employer identification number
22-3074635
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
LEONARD A WILF
820 MORRIS TURNPIKE
 
SHORT HILLS, NJ07078

$ 2,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
JUDITH WILF TESTAMENTARY LEAD TRUST
 
820 MORRIS TURNPIKE
 
SHORT HILLS, NJ07078

$ 6,167,635


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
1999 JUDITH WILF CHARITABLE LEAD TRUST
 
820 MORRIS TURNPIKE
 
SHORT HILLS, NJ07078

$ 270,053


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
2000 JUDITH WILF CHARITABLE LEAD TRUST
 
820 MORRIS TURNPIKE
 
SHORT HILLS, NJ07078

$ 265,573


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
2001 JUDITH WILF CHARITABLE LEAD TRUST
 
820 MORRIS TURNPIKE
 
SHORT HILLS, NJ07078

$ 275,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
2002 JUDITH WILF CHARITABLE LEAD TRUST
 
820 MORRIS TURNPIKE
 
SHORT HILLS, NJ07078

$ 218,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
LAW FOUNDATION INC
  		Employer identification number
22-3074635
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
7
1998 JUDITH WILF CHARITABLE LEAD TRUST
 
820 MORRIS TURNPIKE
 
SHORT HILLS, NJ07078

$ 108,023


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
2003 JUDITH WILF CHARITABLE LEAD TRUST
 
820 MORRIS TURNPIKE
 
SHORT HILLS, NJ07078

$ 255,999


(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
LAW FOUNDATION INC
  		Employer identification number

22-3074635
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
LAW FOUNDATION INC
  		Employer identification number

22-3074635
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:
LAW FOUNDATION INC
EIN:
22-3074635
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BOOKKEEPING AND TAX PREPARATION FEES 36,901 0   31,201

TY 2024 ExplnOfNonFilingWithAGStmt
Name:
LAW FOUNDATION INC
EIN:
22-3074635
Statement:
THE FOUNDATION IS NOT REQUIRED TO FILE A COPY OF THE FEDERAL FORM 990-PF WITH THE NEW JERSEY ATTORNEY GENERAL BECAUSE IT DOES NOT SOLICIT FUNDS FROM THE PUBLIC.

TY 2024 InvestmentsCorpBondsSchedule
Name:
LAW FOUNDATION INC
EIN:
22-3074635
Name of Bond End of Year Book Value End of Year Fair Market Value
3M COMPANY 3.000% DUE 08/07/2025 500,000.000 QTY 494,780 494,780
AEP TEXAS INC 4.700% DUE 05/15/2032 361,000.000 QTY 345,473 345,473
AERCAP IRELAND CAP/GLOBA 1.750% DUE 01/30/2026 795,000.000 QTY 769,314 769,314
AIR LEASE CORPORATION HYBRID 4.650% DUE 06/15/2026 22,000.000 QTY 21,280 21,280
ALEXANDRIA REAL ESTATE EQUITIE 2.950% DUE 03/15/2034 610,000.000 QTY 502,298 502,298
ALLSTATE CORPORATION 7.38% SERIES J DUE 07/15/2028 825.000 QTY 21,962 21,962
ALLY FINANCIAL INC. HYBRID 4.700% DUE 05/15/2026 40,000.000 QTY 37,327 37,327
ALLY FINANCIAL INC. HYBRID 4.700% DUE 05/15/2028 24,000.000 QTY 20,974 20,974
ALTRIA GROUP INC 6.875% DUE 11/01/2033 500,000.000 QTY 542,425 542,425
ALTRIA GROUP, INC. 4.400% DUE 02/14/2026 440,000.000 QTY 437,840 437,840
AMAZON.COM INC 2.100% DUE 05/12/2031 500,000.000 QTY 427,045 427,045
AMAZON.COM INC 3.600% DUE 04/13/2032 500,000.000 QTY 462,810 462,810
AMERICAN EXPRESS COMPANY HYBRID 3.550% DUE 09/15/2026 40,000.000 QTY 38,456 38,456
AMERICAN EXPRESS CREDIT 3.300% DUE 05/03/2027 250,000.000 QTY 242,315 242,315
AMERICAN INTERNATIONAL GROUP, 3.875% DUE 01/15/2035 583,000.000 QTY 517,646 517,646
AMERICAN INTL GROUP 3.900% DUE 04/01/2026 250,000.000 QTY 246,925 246,925
AMERICAN TOWER CORP 2.750% DUE 01/15/2027 1,200,000.000 QTY 1,152,540 1,152,540
ANHEUSER-BUSCH INBEV WOR 3.500% DUE 06/01/2030 325,000.000 QTY 304,769 304,769
ANHEUSER-BUSCH INBEV WOR 3.500% DUE 06/01/2030 500,000.000 QTY 468,775 468,775
ANHEUSER-BUSCH INBEV WOR 4.000% DUE 04/13/2028 250,000.000 QTY 245,420 245,420
ANHEUSER-BUSCH INBEV WOR 4.750% DUE 01/23/2029 500,000.000 QTY 499,800 499,800
ANTHEM INC 2.250% DUE 05/15/2030 250,000.000 QTY 217,185 217,185
ANTHEM INC 3.650% DUE 12/01/2027 250,000.000 QTY 243,208 243,208
ANTHEM INC 4.101% DUE 03/01/2028 250,000.000 QTY 244,313 244,313
AON CORPORATION 2.600% DUE 12/02/2031 829,000.000 QTY 703,241 703,241
APOLLO GLOBAL MANAGEMENT, INC. 7.620% DUE 08/15/2028 869.000 QTY 23,020 23,020
APPLE INC 3.700% DUE 05/13/2025 250,000.000 QTY 248,880 248,880
APPLE INC. 1.250% DUE 08/20/2030 315,000.000 QTY 263,173 263,173
AT&T INC 2.550% DUE 12/01/2033 500,000.000 QTY 402,765 402,765
AT&T INC 4.250% DUE 03/01/2027 370,000.000 QTY 366,626 366,626
AT&T INC. 4.75% SERIES C DUE 02/18/2025 56.000 QTY 1,112 1,112
AT&T INC. PFD USD1.2500(5.00%) SERIES A 625.000 QTY 13,150 13,150
AUTONATION INC 3.850% DUE 03/01/2032 484,000.000 QTY 434,182 434,182
B.A.T. CAPITAL CORPORATION 2.726% DUE 03/25/2031 205,000.000 QTY 177,001 177,001
B.A.T. INTERNATIONAL FINANCE P 1.668% DUE 03/25/2026 310,000.000 QTY 298,226 298,226
BANCO SANTANDER, S.A. 5.179% DUE 11/19/2025 800,000.000 QTY 799,104 799,104
BANK OF AMERICA CORPORATION HYBRID 4.375% DUE 01/27/2027 55,000.000 QTY 52,956 52,956
BANK OF AMERICA CORPORATION HYBRID 5.875% DUE 03/15/2028 25,000.000 QTY 25,085 25,085
BANK OF AMERICA CORPORATION HYBRID 6.100% DUE 03/17/2025 50,000.000 QTY 49,845 49,845
BANK OF AMERICA CORPORATION HYBRID 6.125% DUE 04/27/2027 10,000.000 QTY 10,084 10,084
BANK OF AMERICA CORPORATION HYBRID 6.300% DUE 03/10/2026 35,000.000 QTY 35,195 35,195
BANK OF AMERICA CORPORATION HYBRID MTN 2.496% DUE 02/13/2031 625,000.000 QTY 549,481 549,481
BANK OF NEW YORK MELLON 3.950% DUE 11/18/2025 100,000.000 QTY 99,511 99,511
BANK OF NEW YORK MELLON CORPOR HYBRID 3.700% DUE 03/20/2026 30,000.000 QTY 29,087 29,087
BANK OF NEW YORK MELLON CORPOR HYBRID 4.700% DUE 09/20/2025 30,000.000 QTY 29,715 29,715
BANK OF NOVA SCOTIA (THE) HYBRID 4.900% DUE 06/04/2025 10,000.000 QTY 9,896 9,896
BANK OF NOVA SCOTIA (THE) MTN 2.450% DUE 02/02/2032 825,000.000 QTY 688,751 688,751
BANK OF NY MELLON CORP 3.000% DUE 10/30/2028 250,000.000 QTY 233,830 233,830
BANK OF NY MELLON CORP 3.300% DUE 08/23/2029 500,000.000 QTY 464,480 464,480
BARCLAYS BANK BUFFER STRUCTURED NOTE DUE 02/11/2026 194,000.000 QTY 203,331 203,331
BARCLAYS BANK PLC BUFFER STRUCTURED NOTE DUE 12/16/2026 194,000.000 QTY 196,095 196,095
BARCLAYS PLC HYBRID 2.645% DUE 06/24/2031 800,000.000 QTY 695,104 695,104
BAXTER INTERNATIONAL INC 2.539% DUE 02/01/2032 707,000.000 QTY 589,716 589,716
BAXTER INTERNATIONAL INC 2.600% DUE 08/15/2026 250,000.000 QTY 241,663 241,663
BELLSOUTH TELECOM INC 6.375% DUE 06/01/2028 400,000.000 QTY 413,404 413,404
BERKSHIRE HATHAWAY INV 3.125% DUE 03/15/2026 250,000.000 QTY 246,163 246,163
BERRY GLOBAL INC 1.570% DUE 01/15/2026 420,000.000 QTY 405,313 405,313
BNSF FUNDING TRUST I HYBRID 6.613% DUE 12/15/2055 25,000.000 QTY 25,095 25,095
BOFA FINANCE LLC NOTE DUE 08/26/2026 320,000.000 QTY 337,216 337,216
BP CAPITAL MARKETS AMERICA INC 3.796% DUE 09/21/2025 1,000,000.000 QTY 995,490 995,490
BP CAPITAL MARKETS P.L.C. HYBRID PERP 4.875% DUE 03/22/30 25,000.000 QTY 23,880 23,880
BRISTOL-MYERS SQUIBB CO 3.250% DUE 02/27/2027 250,000.000 QTY 243,900 243,900
BROADCOM INC 4.300% DUE 11/15/2032 446,000.000 QTY 420,743 420,743
BUNGE LIMITED FINANCE CORP. 2.750% DUE 05/14/2031 313,000.000 QTY 270,729 270,729
BUNGE LIMITED FINANCE CORP. 3.250% DUE 08/15/2026 240,000.000 QTY 234,449 234,449
CANADIAN IMPERIAL BANK OF COMM NOTE DUE 03/12/2025 82,000.000 QTY 103,326 103,326
CANADIAN IMPERIAL BANK OF COMM NOTE DUE 04/07/2027 215,000.000 QTY 213,109 213,109
CAPITAL ONE FINANCIAL CO HYBRID 5.817% DUE 02/01/2034 578,000.000 QTY 580,833 580,833
CAPITAL ONE FINANCIAL CORP 5.00% SERIES I DUE 03/01/2025 650.000 QTY 12,363 12,363
CAPITAL ONE FINANCIAL CORPORAT HYBRID 3.950% DUE 09/01/2026 11,000.000 QTY 10,462 10,462
CATERPILLAR INC 2.600% DUE 04/09/2030 250,000.000 QTY 225,373 225,373
CATERPILLAR INC 2.600% DUE 09/19/2029 250,000.000 QTY 227,770 227,770
CENTERPOINT ENERGY, INC HYBRID 6.850% DUE 02/15/2055 37,000.000 QTY 37,797 37,797
CHARLES SCHWAB CORP 3.200% DUE 01/25/2028 250,000.000 QTY 239,230 239,230
CHARLES SCHWAB CORPORATION (TH HYBRID 4.000% DUE 06/01/2026 65,000.000 QTY 62,934 62,934
CHARLES SCHWAB CORPORATION (TH HYBRID 4.000% DUE 12/01/2030 10,000.000 QTY 8,633 8,633
CHARLES SCHWAB CORPORATION (TH HYBRID 5.000% DUE 06/01/2027 30,000.000 QTY 29,123 29,123
CHARLES SCHWAB CORPORATION (TH HYBRID 5.375% DUE 06/01/2025 35,000.000 QTY 34,781 34,781
CISCO SYSTEMS INC 3.500% DUE 06/15/2025 250,000.000 QTY 248,938 248,938
CITIGROUP INC 3.700% DUE 01/12/2026 250,000.000 QTY 247,503 247,503
CITIGROUP INC 4.400% DUE 06/10/2025 250,000.000 QTY 249,248 249,248
CITIGROUP INC 4.450% DUE 09/29/2027 250,000.000 QTY 246,613 246,613
CITIGROUP INC VAR% 50,000.000 QTY 49,949 49,949
CITIGROUP INC. HYBRID 3.668% DUE 07/24/2028 1,475,000.000 QTY 1,428,729 1,428,729
CITIGROUP INC. HYBRID 3.875% DUE 02/18/2026 40,000.000 QTY 38,837 38,837
CITIGROUP INC. HYBRID 4.000% DUE 12/10/2025 45,000.000 QTY 43,789 43,789
CITIGROUP INC. HYBRID 5.950% DUE 05/15/2025 20,000.000 QTY 19,968 19,968
CITIGROUP INC. HYBRID 6.250% DUE 08/15/2026 25,000.000 QTY 24,993 24,993
CITIGROUP INC. HYBRID 6.750% DUE 02/15/2030 15,000.000 QTY 14,898 14,898
CITIGROUP INC. HYBRID 7.000% DUE 08/15/2034 10,000.000 QTY 10,546 10,546
CITIGROUP INC. HYBRID 7.375% DUE 05/15/2028 37,000.000 QTY 38,238 38,238
CITIGROUP INC. HYBRID 7.625% DUE 11/15/2028 10,000.000 QTY 10,418 10,418
CITIZENS FINANCIAL GROUP 2.850% DUE 07/27/2026 1,050,000.000 QTY 1,014,878 1,014,878
CITIZENS FINANCIAL GROUP, INC. 5.00% SERIES E DUE 01/06/2025 550.000 QTY 10,637 10,637
CITIZENS FINANCIAL GROUP, INC. 5.650% DUE 10/06/2025 3,000.000 QTY 2,978 2,978
CITIZENS FINANCIAL GROUP, INC. 7.38% SERIES H 929.000 QTY 24,154 24,154
CMS ENERGY CORPORATION HYBRID 3.750% DUE 12/01/2050 5,000.000 QTY 4,354 4,354
CMS ENERGY CORPORATION HYBRID 4.750% DUE 06/01/2050 5,000.000 QTY 4,737 4,737
COCA-COLA CO/THE 2.000% DUE 03/05/2031 250,000.000 QTY 213,083 213,083
COCA-COLA CO/THE 2.125% DUE 09/06/2029 500,000.000 QTY 448,015 448,015
COCA-COLA CO/THE 3.450% DUE 03/25/2030 250,000.000 QTY 235,850 235,850
COMCAST CORPORATION 4.200% DUE 08/15/2034 562,000.000 QTY 514,371 514,371
CONSOLIDATED EDISON CO O 4.000% DUE 12/01/2028 1,425,000.000 QTY 1,388,406 1,388,406
COSTCO WHOLESALE CORP 3.000% DUE 03/18/2027 250,000.000 QTY 242,798 242,798
CSX CORP 4.250% DUE 03/15/2029 800,000.000 QTY 783,176 783,176
CVS HEALTH CORPORATION 3.750% DUE 04/01/2030 527,000.000 QTY 482,600 482,600
DELL COMPUTERS CORP 7.100% DUE 04/15/2028 500,000.000 QTY 532,560 532,560
DELL INTERNATIONAL L.L.C. 5.250% DUE 02/01/2028 253,000.000 QTY 256,041 256,041
DEUTSCHE BANK AG-NEW YORK BRAN HYBRID 3.035% DUE 05/28/2032 688,000.000 QTY 589,795 589,795
DISCOVER FINANCIAL SERVICES 5.500% DUE 10/30/2027 9,000.000 QTY 8,761 8,761
DISCOVER FINANCIAL SERVICES HYBRID 6.125% DUE 06/23/2025 30,000.000 QTY 29,835 29,835
DOLLAR GENERAL CORPORATION 3.500% DUE 04/03/2030 430,000.000 QTY 394,336 394,336
DOMINION ENERGY, INC. 4.350% DUE 01/15/2027 36,000.000 QTY 34,939 34,939
DOMINION ENERGY, INC. HYBRID 7.000% DUE 06/01/2054 14,000.000 QTY 14,784 14,784
DOW CHEMICAL CO/THE 4.250% DUE 10/01/2034 351,000.000 QTY 319,154 319,154
DOW CHEMICAL CO/THE 4.800% DUE 11/30/2028 250,000.000 QTY 248,593 248,593
DOW CHEMICAL CO/THE 5.150% DUE 02/15/2034 217,000.000 QTY 212,246 212,246
DOW CHEMICAL COMPANY 7.375% DUE 11/01/2029 500,000.000 QTY 547,300 547,300
DUKE ENERGY CORPORATION HYBRID 6.450% DUE 09/01/2054 37,000.000 QTY 37,564 37,564
EBAY INC 2.700% DUE 03/11/2030 242,000.000 QTY 217,147 217,147
EDISON INTERNATIONAL HYBRID 5.000% DUE 12/15/2026 22,000.000 QTY 21,444 21,444
EDISON INTERNATIONAL HYBRID 5.375% DUE 03/15/2026 20,000.000 QTY 19,722 19,722
ELI LILLY & CO 3.100% DUE 05/15/2027 500,000.000 QTY 485,385 485,385
EMERA INCORPORATED HYBRID 6.750% DUE 06/15/2076 31,000.000 QTY 31,161 31,161
ENBRIDGE INC HYBRID 8.500% DUE 01/15/2084 20,000.000 QTY 22,215 22,215
ENBRIDGE INC. HYBRID 5.750% DUE 07/15/2080 15,000.000 QTY 14,503 14,503
ENBRIDGE INC. HYBRID 7.375% DUE 01/15/2083 38,000.000 QTY 38,324 38,324
ENERGY TRANSFER LP HYBRID 8.000% DUE 05/15/2054 2,000.000 QTY 2,096 2,096
ENERGY TRANSFER OPERATING LP FRN 5.27063% DUE 11/01/2066 32,000.000 QTY 31,839 31,839
ENERGY TRANSFER PARTNERS 4.200% DUE 04/15/2027 630,000.000 QTY 621,615 621,615
ENTERGY CORP 2.400% DUE 06/15/2031 717,000.000 QTY 605,256 605,256
EQUITABLE HOLDINGS, INC. HYBRID 4.950% DUE 09/15/2025 10,000.000 QTY 9,942 9,942
EXXON MOBIL CORPORATION 3.043% DUE 03/01/2026 250,000.000 QTY 246,070 246,070
FEDEX CORPORATION 3.900% DUE 02/01/2035 355,000.000 QTY 313,635 313,635
FIFTH THIRD BANCORP HYBRID 4.500% DUE 09/30/2025 40,000.000 QTY 39,449 39,449
FISERV, INC. 3.500% DUE 07/01/2029 598,000.000 QTY 561,026 561,026
FOX CORP 3.500% DUE 04/08/2030 568,000.000 QTY 527,888 527,888
GENERAL MILLS INC 3.200% DUE 02/10/2027 250,000.000 QTY 242,780 242,780
GENERAL MOTORS FINANCIAL COMPA HYBRID 6.500% DUE 09/30/2028 25,000.000 QTY 24,656 24,656
GENERAL MOTORS FINL CO 3.100% DUE 01/12/2032 693,000.000 QTY 593,624 593,624
GNMA 5.000% DUE 12/20/2038 500,000.000 QTY 53,624 53,624
GOLDMAN SACHS CAPITAL I 6.345% DUE 02/15/2034 200,000.000 QTY 208,812 208,812
GOLDMAN SACHS CAPITAL II VAR% 5,000.000 QTY 4,213 4,213
GOLDMAN SACHS GROUP INC 3.500% DUE 11/16/2026 500,000.000 QTY 488,870 488,870
GTE CORPORATION 6.940% DUE 04/15/2028 200,000.000 QTY 211,998 211,998
HALLIBURTON CO 3.800% DUE 11/15/2025 250,000.000 QTY 247,900 247,900
HOME DEPOT INC 2.800% DUE 09/14/2027 250,000.000 QTY 239,540 239,540
HOME DEPOT INC 3.000% DUE 04/01/2026 500,000.000 QTY 491,145 491,145
HONEYWELL INTERNATIONAL 2.700% DUE 08/15/2029 500,000.000 QTY 458,260 458,260
HP INC 5.500% DUE 01/15/2033 500,000.000 QTY 504,555 504,555
HSBC HOLDINGS PLC HYBRID 2.357% DUE 08/18/2031 250,000.000 QTY 212,948 212,948
HSBC HOLDINGS PLC HYBRID 2.999% DUE 03/10/2026 265,000.000 QTY 263,948 263,948
HUMANA INC 3.950% DUE 03/15/2027 500,000.000 QTY 490,440 490,440
HUMANA INC 5.875% DUE 03/01/2033 500,000.000 QTY 501,845 501,845
HUMANA INC. 5.750% DUE 12/01/2028 294,000.000 QTY 299,374 299,374
HUNTINGTON BANCSHARES INCORPOR HYBRID 4.450% DUE 10/15/2027 35,000.000 QTY 33,429 33,429
HUNTINGTON BANCSHARES INCORPOR HYBRID 5.625% DUE 07/15/2030 8,000.000 QTY 7,812 7,812
HUNTINGTON NATIONAL BANK (THE) HYBRID 4.552% DUE 05/17/2028 450,000.000 QTY 446,409 446,409
ILLUMINA, INC 2.550% DUE 03/23/2031 561,000.000 QTY 477,837 477,837
ING GROEP N.V. HYBRID 1.726% DUE 04/01/2027 842,000.000 QTY 809,448 809,448
INTEL CORP 3.150% DUE 05/11/2027 500,000.000 QTY 479,840 479,840
INTEL CORP 3.750% DUE 03/25/2027 250,000.000 QTY 243,888 243,888
INTERSTATE POWER AND LIGHT COM 2.300% DUE 06/01/2030 1,000,000.000 QTY 865,720 865,720
JOHNSON & JOHNSON 3.550% DUE 03/01/2036 907,000.000 QTY 792,283 792,283
JPMORGAN CHASE & CO 3.625% DUE 12/01/2027 250,000.000 QTY 242,843 242,843
JPMORGAN CHASE & CO VAR% DUE 10/15/2030 500,000.000 QTY 450,410 450,410
JPMORGAN CHASE & CO. HYBRID 2.739% DUE 10/15/2030 150,000.000 QTY 135,117 135,117
JPMORGAN CHASE & CO. HYBRID 3.650% DUE 06/01/2026 69,000.000 QTY 66,899 66,899
JPMORGAN CHASE & CO. HYBRID 3.702% DUE 05/06/2030 1,200,000.000 QTY 1,136,220 1,136,220
JPMORGAN CHASE & CO. HYBRID 4.60% DUE 02/01/2025 42,000.000 QTY 41,813 41,813
JPMORGAN CHASE & CO. HYBRID 6.875% DUE 06/01/2029 53,000.000 QTY 55,773 55,773
JPMORGAN CHASE & CO. NOTE DUE 04/08/2026 12,000.000 QTY 13,453 13,453
JPMORGAN CHASE & CO. NOTE DUE 05/14/2025 122,000.000 QTY 152,854 152,854
JPMORGAN CHASE & CO. NOTE DUE 06/18/2025 205,000.000 QTY 252,847 252,847
KELLOGG CO 2.100% DUE 06/01/2030 474,000.000 QTY 411,987 411,987
KEYCORP HYBRID 5.000% DUE 09/15/2026 25,000.000 QTY 24,202 24,202
KINDER MORGAN INC 2.000% DUE 02/15/2031 850,000.000 QTY 711,867 711,867
KOHLS CORP 6.000% DUE 01/15/2033 250,000.000 QTY 187,893 187,893
KROGER CO 4.500% DUE 01/15/2029 1,000,000.000 QTY 986,770 986,770
LLOYDS BANKING GROUP PLC HYBRID 2.438% DUE 02/05/2026 200,000.000 QTY 199,510 199,510
LOCKHEED MARTIN CORP 3.900% DUE 06/15/2032 500,000.000 QTY 464,445 464,445
LOCKHEED MARTIN CORPORATION 3.600% DUE 03/01/2035 827,000.000 QTY 725,453 725,453
M&T BANK CORPORATION HYBRID 3.500% DUE 09/01/2026 30,000.000 QTY 28,473 28,473
MARKEL CORPORATION HYBRID 6.000% DUE 06/01/2025 10,000.000 QTY 9,981 9,981
MARSH & MCLENNAN COS INC 2.250% DUE 11/15/2030 490,000.000 QTY 423,007 423,007
MASTERCARD INC 2.950% DUE 06/01/2029 500,000.000 QTY 466,530 466,530
MCDONALD'S CORP 3.500% DUE 03/01/2027 250,000.000 QTY 244,358 244,358
MCDONALD'S CORPORATION MTN 2.625% DUE 09/01/2029 715,000.000 QTY 650,893 650,893
MCKESSON CORP 3.950% DUE 02/16/2028 500,000.000 QTY 487,170 487,170
MERCK & CO INC 3.400% DUE 03/07/2029 750,000.000 QTY 713,513 713,513
METLIFE INC 3.000% DUE 03/01/2025 250,000.000 QTY 249,285 249,285
METLIFE INC 4.550% DUE 03/23/2030 750,000.000 QTY 739,425 739,425
METLIFE INC 6.500% DUE 12/15/2032 500,000.000 QTY 544,235 544,235
METLIFE, INC. HYBRID 3.850% DUE 09/15/2025 44,000.000 QTY 43,198 43,198
METLIFE, INC. HYBRID 5.875% DUE 03/15/2028 50,000.000 QTY 49,971 49,971
MICROSOFT CORP 2.400% DUE 08/08/2026 250,000.000 QTY 242,500 242,500
MICROSOFT CORP 3.125% DUE 11/03/2025 500,000.000 QTY 494,780 494,780
MICROSOFT CORP 3.300% DUE 02/06/2027 250,000.000 QTY 244,765 244,765
MIZUHO FINANCIAL GROUP, INC. HYBRID 2.260% DUE 07/09/2032 352,000.000 QTY 292,667 292,667
MIZUHO FINANCIAL GROUP, INC. HYBRID 2.651% DUE 05/22/2026 205,000.000 QTY 203,253 203,253
MONDELEZ INTERNATIONAL 1.875% DUE 10/15/2032 601,000.000 QTY 482,483 482,483
MOODY'S CORPORATION 4.250% DUE 02/01/2029 1,625,000.000 QTY 1,590,176 1,590,176
MORGAN STANLEY 6.50% SERIES P DUE 10/15/2027 412.000 QTY 10,597 10,597
MORGAN STANLEY 7.03% SERIES F DUE 01/15/2025 1,984.000 QTY 49,977 49,977
MORGAN STANLEY 7.28% SERIES E HYBRID DUE 01/15/2025 164.000 QTY 4,138 4,138
MORGAN STANLEY FINANCE LLC NOTE DUE 01/23/2025 125,000.000 QTY 161,700 161,700
MORGAN STANLEY HYBRID 5.875% DUE 09/15/2026 31,000.000 QTY 30,707 30,707
MORGAN STANLEY HYBRID MTN 2.475% DUE 01/21/2028 910,000.000 QTY 867,121 867,121
MORGAN STANLEY MTN 4.350% DUE 09/08/2026 325,000.000 QTY 322,455 322,455
MOTOROLA INCORPORATED 6.500% DUE 09/01/2025 200,000.000 QTY 200,958 200,958
MPLX LP 4.000% DUE 02/15/2025 1,000,000.000 QTY 998,770 998,770
NASDAQ, INC. 5.550% DUE 02/15/2034 397,000.000 QTY 400,700 400,700
NATIONAL GRID PLC 5.809% DUE 06/12/2033 333,000.000 QTY 339,870 339,870
NATIONAL RURAL UTILITIES COOPE HYBRID 5.250% DUE 04/20/2046 25,000.000 QTY 24,600 24,600
NETAPP, INC. 2.700% DUE 06/22/2030 582,000.000 QTY 513,539 513,539
NISOURCE INC. HYBRID 6.375% DUE 03/31/2055 7,000.000 QTY 6,968 6,968
NISOURCE INC. HYBRID 6.950% DUE 11/30/2054 14,000.000 QTY 14,254 14,254
NM SLM CORP 5.750% DUE 03/15/2029 200,000.000 QTY 180,022 180,022
NORTHERN TRUST CORP 3.150% DUE 05/03/2029 500,000.000 QTY 468,145 468,145
NORTHERN TRUST CORP 3.950% DUE 10/30/2025 250,000.000 QTY 248,488 248,488
NORTHERN TRUST CORP 6.125% DUE 11/02/2032 500,000.000 QTY 527,465 527,465
NORTHROP GRUMMAN CORPORATION 2.930% DUE 01/15/2025 1,250,000.000 QTY 1,248,988 1,248,988
NOVARTIS CAPITAL CORP 2.200% DUE 08/14/2030 365,000.000 QTY 319,631 319,631
NXP B.V. 5.000% DUE 01/15/2033 648,000.000 QTY 630,711 630,711
ORACLE CORP 2.650% DUE 07/15/2026 250,000.000 QTY 242,373 242,373
ORACLE CORP 6.250% DUE 11/09/2032 500,000.000 QTY 529,885 529,885
ORACLE CORPORATION 4.300% DUE 07/08/2034 245,000.000 QTY 225,390 225,390
PARTNERRE FINANCE B LLC HYBRID 4.500% DUE 10/01/2050 20,000.000 QTY 18,494 18,494
PEPSICO INC 2.625% DUE 07/29/2029 250,000.000 QTY 229,168 229,168
PEPSICO INC 2.750% DUE 03/19/2030 250,000.000 QTY 227,080 227,080
PEPSICO INC 3.000% DUE 10/15/2027 250,000.000 QTY 240,675 240,675
PFIZER INC 3.000% DUE 12/15/2026 500,000.000 QTY 486,460 486,460
PFIZER INC 3.450% DUE 03/15/2029 500,000.000 QTY 476,630 476,630
PHILIP MORRIS COS INC 7.750% DUE 01/15/2027 200,000.000 QTY 208,802 208,802
PHILIP MORRIS INTL INC 5.125% DUE 02/15/2030 500,000.000 QTY 502,640 502,640
PHILIP MORRIS INTL INC 5.500% DUE 09/07/2030 184,000.000 QTY 188,433 188,433
PHILIP MORRIS INTL INC 5.750% DUE 11/17/2032 405,000.000 QTY 416,992 416,992
PNC BANK NA 2.700% DUE 10/22/2029 250,000.000 QTY 224,313 224,313
PNC BANK NA 3.250% DUE 01/22/2028 500,000.000 QTY 478,760 478,760
PNC FINANCIAL SERVICES 2.600% DUE 07/23/2026 250,000.000 QTY 242,175 242,175
PNC FINANCIAL SERVICES GROUP, HYBRID 3.400% DUE 09/15/2026 59,000.000 QTY 55,379 55,379
PNC FINANCIAL SERVICES GROUP, HYBRID 5.068% DUE 01/24/2034 473,000.000 QTY 461,161 461,161
PNC FINANCIAL SERVICES GROUP, HYBRID 6.200% DUE 09/15/2027 10,000.000 QTY 10,044 10,044
PNC FINANCIAL SERVICES GROUP, HYBRID 6.250% DUE 03/15/2030 22,000.000 QTY 22,219 22,219
PROCTER & GAMBLE CO/THE 2.850% DUE 08/11/2027 500,000.000 QTY 481,250 481,250
PROCTER & GAMBLE CO/THE 3.000% DUE 03/25/2030 250,000.000 QTY 230,480 230,480
PRUDENTIAL FINANCIAL INC 3.878% DUE 03/27/2028 171,000.000 QTY 166,462 166,462
PRUDENTIAL FINANCIAL INC 5.750% DUE 07/15/2033 500,000.000 QTY 520,965 520,965
PRUDENTIAL FINANCIAL, INC. HYBRID 5.125% DUE 03/01/2052 14,000.000 QTY 13,305 13,305
PRUDENTIAL FINANCIAL, INC. HYBRID 5.375% DUE 05/15/2045 6,000.000 QTY 5,959 5,959
PRUDENTIAL FINANCIAL, INC. HYBRID 6.000% DUE 09/01/2052 25,000.000 QTY 25,033 25,033
QUALCOMM INC. 4.650% DUE 05/20/2035 746,000.000 QTY 721,330 721,330
QUEST DIAGNOSTICS INC 2.950% DUE 06/30/2030 500,000.000 QTY 449,130 449,130
QUEST DIAGNOSTICS INC 3.500% DUE 03/30/2025 250,000.000 QTY 249,118 249,118
QUEST DIAGNOSTICS INC 6.400% DUE 11/30/2033 500,000.000 QTY 535,390 535,390
REALTY INCOME CORP 4.625% DUE 11/01/2025 365,000.000 QTY 364,547 364,547
REALTY INCOME CORPORATION 3.250% DUE 01/15/2031 321,000.000 QTY 289,841 289,841
REGIONS FINANCIAL CORPORATION 5.70% SERIES C DUE 05/15/2029 230.000 QTY 5,575 5,575
REGIONS FINANCIAL CORPORATION HYBRID 5.750% DUE 06/15/2025 7,000.000 QTY 6,941 6,941
ROPER TECHNOLOGIES INC 1.750% DUE 02/15/2031 362,000.000 QTY 297,405 297,405
ROYALTY PHARMA PLC 1.200% DUE 09/02/2025 300,000.000 QTY 292,578 292,578
RTX XORP 6.100% DUE 03/15/2034 500,000.000 QTY 526,500 526,500
SANTANDER UK GROUP HOLDINGS PL HYBRID 1.532% DUE 08/21/2026 826,000.000 QTY 807,085 807,085
SANTANDER UK GROUP HOLDINGS PL HYBRID 2.469% DUE 01/11/2028 262,000.000 QTY 248,164 248,164
SEMPRA HYBRID 6.875% DUE 10/01/2054 31,000.000 QTY 31,346 31,346
SKYWORKS SOLUTIONS, INC. 3.000% DUE 06/01/2031 228,000.000 QTY 195,264 195,264
SOCIETE GENERALE NOTE DUE 09/24/2025 285,000.000 QTY 340,632 340,632
SOUTHERN CO 3.250% DUE 07/01/2026 250,000.000 QTY 244,848 244,848
SOUTHERN CO 3.700% DUE 04/30/2030 500,000.000 QTY 469,605 469,605
SOUTHERN COMPANY (THE) HYBRID 4.000% DUE 01/15/2051 15,000.000 QTY 14,699 14,699
SRS CCD 26745899 MTN 3.750% DUE 06/01/2026 737,000.000 QTY 725,591 725,591
STARBUCKS CORP 3.500% DUE 03/01/2028 250,000.000 QTY 241,133 241,133
STARBUCKS CORP 3.550% DUE 08/15/2029 250,000.000 QTY 236,685 236,685
STARBUCKS CORP 4.800% DUE 02/15/2033 500,000.000 QTY 487,755 487,755
STATE STREET CORP 2.650% DUE 05/19/2026 250,000.000 QTY 243,863 243,863
STATE STREET CORP VAR% DUE 12/03/2029 250,000.000 QTY 243,125 243,125
STATE STREET CORPORATION HYBRID 4.141% DUE 12/03/2029 1,779,000.000 QTY 1,729,259 1,729,259
STATE STREET CORPORATION HYBRID 6.700% DUE 03/15/2029 29,000.000 QTY 29,599 29,599
SUNCOR ENERGY INC. 5.950% DUE 12/01/2034 248,000.000 QTY 256,906 256,906
SYNCHRONY FINANCIAL 5.63% SERIES A DUE 02/15/2025 625.000 QTY 11,988 11,988
SYNCHRONY FINANCIAL 8.25% SERIES B DUE 05/15/2029 579.000 QTY 15,228 15,228
SYSCO CORPORATION 5.950% DUE 04/01/2030 500,000.000 QTY 520,790 520,790
TARGET CORP 2.650% DUE 09/15/2030 250,000.000 QTY 222,840 222,840
TARGET CORP 3.375% DUE 04/15/2029 500,000.000 QTY 474,565 474,565
TELEDYNE TECHNOLOGIES IN 2.750% DUE 04/01/2031 591,000.000 QTY 513,242 513,242
TELEFONICA EMISIONES SA 4.103% DUE 03/08/2027 177,000.000 QTY 174,212 174,212
THE BANK OF NOVA SCOTIA NOTE DUE 05/21/2025 149,000.000 QTY 177,906 177,906
THE J. M. SMUCKER COMPANY 4.250% DUE 03/15/2035 406,000.000 QTY 367,982 367,982
THERMO FISHER SCIENTIFIC 2.600% DUE 10/01/2029 250,000.000 QTY 227,318 227,318
THERMO FISHER SCIENTIFIC 4.950% DUE 11/21/2032 500,000.000 QTY 496,670 496,670
THOMSON REUTERS CORPORATION 3.350% DUE 05/15/2026 388,000.000 QTY 380,950 380,950
TIME WARNER COS INC 6.950% DUE 01/15/2028 200,000.000 QTY 203,430 203,430
TIME WARNER INC 3.600% DUE 07/15/2025 250,000.000 QTY 247,343 247,343
TORONTO DOMINION BANK NOTE DUE 03/04/2026 90,000.000 QTY 104,103 104,103
TORONTO DOMINION NOTE DUE 11/05/2025 218,000.000 QTY 230,448 230,448
TORONTO-DOMINION BANK MTN 0.750% DUE 09/11/2025 1,228,000.000 QTY 1,195,372 1,195,372
TOTAL SYSTEM SERVICES IN 4.800% DUE 04/01/2026 338,000.000 QTY 337,192 337,192
TRANS-CANADA PIPELINES 4.625% DUE 03/01/2034 282,000.000 QTY 262,421 262,421
TRANSCANADA TRUST HYBRID 5.875% DUE 08/15/2076 25,000.000 QTY 24,667 24,667
TRUIST FINANCIAL CORPORATION HYBRID 4.95 % DUE 09/01/2025 28,000.000 QTY 27,765 27,765
TRUIST FINANCIAL CORPORATION HYBRID 5.100% DUE 03/01/2030 35,000.000 QTY 33,810 33,810
TRUIST FINANCIAL CORPORATION HYBRID 6.669% DUE 03/01/2025 35,000.000 QTY 34,810 34,810
TYSON FOODS INC 7.000% DUE 01/15/2028 200,000.000 QTY 206,326 206,326
U.S. BANCORP HYBRID 3.700% DUE 01/15/2027 39,000.000 QTY 36,884 36,884
U.S. BANCORP HYBRID 5.850% DUE 10/21/2033 358,000.000 QTY 366,030 366,030
U.S. BANCORP HYBRID MTN 2.677% DUE 01/27/2033 319,000.000 QTY 269,287 269,287
UBS AG NOTE DUE 01/14/2026 128,000.000 QTY 153,459 153,459
UBS AGBUFFERED CAPPED BETA STRUCTURED NOTE DUE 03/12/2025 163,000.000 QTY 189,390 189,390
UBS GROUP AG 4.550% DUE 04/17/2026 947,000.000 QTY 943,629 943,629
UDR INC MTN 3.200% DUE 01/15/2030 198,000.000 QTY 181,281 181,281
UNION PACIFIC CORP 6.625% DUE 02/01/2029 500,000.000 QTY 535,290 535,290
UNION PACIFIC CORPORATION 2.891% DUE 04/06/2036 505,000.000 QTY 407,530 407,530
UNITED TECHNOLOGIES CORP 3.125% DUE 05/04/2027 250,000.000 QTY 241,310 241,310
UNITEDHEALTH GROUP INC 2.000% DUE 05/15/2030 250,000.000 QTY 215,485 215,485
UNITEDHEALTH GROUP INC 2.300% DUE 05/05/2031 250,000.000 QTY 212,578 212,578
UNITEDHEALTH GROUP INC 3.100% DUE 03/15/2026 250,000.000 QTY 246,328 246,328
UNITEDHEALTH GROUP INC 3.375% DUE 04/15/2027 250,000.000 QTY 243,595 243,595
UNITEDHEALTH GROUP INCORPORATE 5.800% DUE 03/15/2036 858,000.000 QTY 885,439 885,439
US BANCORP 3.100% DUE 04/27/2026 500,000.000 QTY 489,280 489,280
US BANCORP 3.150% DUE 04/27/2027 250,000.000 QTY 241,935 241,935
VENTAS RLTY LTD PARTNERS 4.000% DUE 03/01/2028 250,000.000 QTY 243,270 243,270
VERIZON COMMUNICATIONS 5.250% DUE 03/16/2037 334,000.000 QTY 326,094 326,094
VERIZON COMMUNICATIONS, INC. 1.750% DUE 01/20/2031 270,000.000 QTY 222,542 222,542
VIACOM INC 5.500% DUE 005/15/2033 500,000.000 QTY 466,530 466,530
VODAFONE GROUP PUBLIC LIMITED HYBRID 7.000% DUE 04/04/2079 10,000.000 QTY 10,241 10,241
VOYA FINANCIAL, INC. HYBRID 7.758% DUE 09/15/2028 50,000.000 QTY 52,638 52,638
WALMART INC 2.375% DUE 09/24/2029 250,000.000 QTY 227,645 227,645
WALMART INC 3.250% DUE 07/08/2029 250,000.000 QTY 237,293 237,293
WALMART INC 3.700% DUE 06/26/2028 250,000.000 QTY 244,268 244,268
WALT DISNEY COMPANY/THE 3.150% DUE 09/17/2025 250,000.000 QTY 247,503 247,503
WALT DISNEY COMPANY/THE 3.800% DUE 03/22/2030 500,000.000 QTY 478,565 478,565
WASTE MANAGEMENT INC 1.500% DUE 03/15/2031 250,000.000 QTY 203,533 203,533
WASTE MANAGEMENT INC 2.000% DUE 06/01/2029 500,000.000 QTY 444,125 444,125
WASTE MANAGEMENT INC 4.150% DUE 04/15/2032 500,000.000 QTY 472,515 472,515
WELLS FARGO & COMPANY 3.550% DUE 09/29/2025 250,000.000 QTY 247,985 247,985
WELLS FARGO & COMPANY 4.100% DUE 06/03/2026 250,000.000 QTY 247,293 247,293
WELLS FARGO & COMPANY HYBRID 3.900% DUE 03/15/2026 48,000.000 QTY 46,618 46,618
WELLS FARGO & COMPANY HYBRID 5.875% DUE 06/15/2025 50,000.000 QTY 49,910 49,910
WELLS FARGO & COMPANY HYBRID 6.850% DUE 09/15/2029 15,000.000 QTY 15,482 15,482
WELLS FARGO & COMPANY HYBRID 7.625% DUE 09/15/2028 32,000.000 QTY 33,956 33,956
WELLS FARGO & COMPANY HYBRID MTN 2.879% DUE 10/30/2030 700,000.000 QTY 631,687 631,687
WELLS FARGO & COMPANY VAR% DUE 04/04/2031 250,000.000 QTY 241,995 241,995
WESTPAC BANKING CORPORATION HYBRID MTN 4.322% DUE 11/23/2031 778,000.000 QTY 765,832 765,832
WHIRLPOOL CORP 3.700% DUE 05/01/2025 250,000.000 QTY 248,800 248,800
WYETH LLC 5.950% DUE 04/01/2037 980,000.000 QTY 1,023,394 1,023,394

TY 2024 InvestmentsCorpStockSchedule
Name:
LAW FOUNDATION INC
EIN:
22-3074635
Name of Stock End of Year Book Value End of Year Fair Market Value
ALEXANDRIA REAL ESTATE EQUITIES, INC. (ARE) 291.000 SHS 28,387 28,387
AMAZON.COM INC CMN (AMZN) 2,500.000 SHS 548,475 548,475
AMERICAN HOMES 4 RENT PFD USD1.5625 6.25% (AMHPRH) 2,139.000 SHS 52,234 52,234
AMEX HEALTH CARE SELECT SECTOR 'SPDR' FUND (XLV) 16,110.000 SHS 2,216,253 2,216,253
APPLE INC. CMN (AAPL) 3,772.000 SHS 944,584 944,584
ARTISAN INTERNATIONAL FUND INV MUTUAL FUND (ARTIX) 99,342.038 SHS 2,680,248 2,680,248
AT&T INC 5.000% PFD STK SERIES A 20,000.000 QTY 420,800 420,800
AVALONBAY COMMUNITIES INC CMN (AVB) 271.000 SHS 59,612 59,612
BANK OF AMERICA CORP 4.125% PFD STK SERIES PP 20,000.000 QTY 366,200 366,200
BANK OF AMERICA CORP 5.375% PFD STK SERIES KK 15,000.000 QTY 340,050 340,050
BLACKSTONE SECD LENDING (BXSL) 50,494.000 SHS 1,631,461 1,631,461
CAPITAL ONE FINL (COF) 2,000.000 SHS 356,640 356,640
CHEVRON CORP (CVX) 2,000.000 SHS 289,680 289,680
COSTCO WHOLESALE CRP DEL (COST) 680.000 SHS 623,064 623,064
CROWN CASTLE INTL CORP CMN (CCI) 586.000 SHS 53,185 53,185
DIGITAL REALTY TRUST, INC. CMN (DLR) 231.000 SHS 40,963 40,963
DIGITAL REALTY TRUST, INC. PFD USD1.3125 5.25% (DLRPRJ) 3,451.000 SHS 77,475 77,475
DIGITALBRIDGE GROUP INC PFD USD1.7812 7.12% (DBRGPRJ) 317.000 SHS 7,871 7,871
DIGITALBRIDGE GROUP, INC. PFD USD1.7875 7.15% (DBRGPRI) 316.000 SHS 7,758 7,758
DOUGLAS EMMET INC (DEI) 4,000.000 SHS 74,240 74,240
EQUITY LIFESTYLE PROPERTIES, I CMN (ELS) 334.000 SHS 22,244 22,244
EQUITY RESIDENTIAL CMN (EQR) 693.000 SHS 49,730 49,730
EXTRA SPACE STORAGE INC. CMN (EXR) 257.000 SHS 38,447 38,447
EXXON MOBIL CORP (XOM) 6,000.000 SHS 645,420 645,420
GENERAL MILLS (GIS) 2,000.000 SHS 127,540 127,540
GS MLP ENERGY INFRASTRUCTURE FUND CLASS P (GMNPX) 119,913.407 SHS 4,658,636 4,658,636
HEALTHCARE REALTY TRUST INC CMN (HR) 1,630.000 SHS 27,629 27,629
HEALTHPEAK OP, LLC CMN (DOC) 2,983.000 SHS 60,465 60,465
HOME DEPOT INC (HD) 980.000 SHS 381,210 381,210
HUDSON PACIFIC PROPERTIES, INC PFD USD1.1875 4.75% (HPPPRC) 2,958.000 SHS 41,501 41,501
INTL BUSINESS MACHINES CORP CMN (IBM) 31,400.000 SHS 6,902,662 6,902,662
ISHARES RUSSELL 2000 ETF (IWM) 12,500.000 SHS 2,762,000 2,762,000
ISHARES TRUST - ISHARES SELECT DIVIDEND ETF (DVY) 8,950.000 SHS 1,175,046 1,175,046
JBG SMITH PROPERTIES (JBGS) 58,444.000 SHS 898,284 898,284
JOHNSON AND JOHNSON COM (JNJ) 1,536.000 SHS 222,136 222,136
JOHNSON CONTROLS INTERNATIONAL (JCI) 3,045.000 SHS 240,342 240,342
JP MORGAN CHASE & CO 4.55% PFD STK SERIES JJ 20,000.000 QTY 409,400 409,400
JP MORGAN CHASE & CO 4.625% PFD STK SERIES LL 20,000.000 QTY 416,600 416,600
JP MORGAN CHASE & CO 5.750% PFD STK SERIES DD 6,000.000 QTY 151,020 151,020
JP MORGAN CHASE & CO 6.000% PFD STK SERIES EE 4,000.000 QTY 101,760 101,760
JPMORGAN CHASE & CO (JPM) 3,240.000 SHS 776,660 776,660
KENVUE INC (KVUE) 10,000.000 SHS 213,500 213,500
KIMCO REALTY OP, LLC CMN (KIM) 1,619.000 SHS 37,933 37,933
KKR REAL ESTATE FINANCE TRUST CMN (KREF) 2,287.000 SHS 23,099 23,099
KYNDRYL HOLDINGS INC CMN (KD) 6,280.000 SHS 217,288 217,288
LADDER CAPITAL CORP CMN CLASS A (LADR) 4,369.000 SHS 48,889 48,889
META PLATFORMS INC-CLASS A CMN CLASS A (META) 40.000 SHS 23,420 23,420
METLIFE INC 4.750% PFD STK SER F 10,000.000 QTY 206,600 206,600
MICROSOFT CORP (MSFT) 7,140.000 SHS 3,009,510 3,009,510
MORGAN STANLEY 4.250% PFD STK SER O 20,000.000 QTY 368,200 368,200
NVENT ELECTRIC PUBLIC LIMITED COMPANY (NVT) 2,000.000 SHS 136,320 136,320
NVIDIA CORPORATION CMN (NVDA) 7,400.000 SHS 993,746 993,746
OMEGA HEALTHCARE INVESTORS INC CMN (OHI) 1,456.000 SHS 55,110 55,110
PEBBLEBROOK HOTEL TRUST PFD USD1.5938 6.38% (PEBPRE) 2,672.000 SHS 53,280 53,280
PENNYMAC MORTGAGE INVESTMENT T CMN (PMT) 1,883.000 SHS 23,707 23,707
PENTAIR PLC (PNR) 2,000.000 SHS 201,280 201,280
PEPSICO INC (PEP) 2,200.000 SHS 334,532 334,532
PRUDENTIAL FINANCIAL INV (PRU) 10,000.000 SHS 1,185,300 1,185,300
PUB SVC ENTERPRISE GRP (PEG) 2,484.000 SHS 209,873 209,873
PUBLIC STORAGE CMN (PSA) 110.000 SHS 32,938 32,938
PUBLIC STORAGE PFD USD0.9688 3.88% (PSAPRN) 5,699.000 SHS 95,230 95,230
REXFORD INDUSTRIAL REALTY, INC PFD USD1.4688 5.88% (REXRPRB) 3,687.000 SHS 86,091 86,091
RLJ LODGING TRUST CONV PFD USD1.9500 7.80% (RLJPRA) 1,720.000 SHS 42,243 42,243
SL GREEN REALTY CORP. PFD USD1.6250 6.50% (SLGPRI) 2,352.000 SHS 55,719 55,719
SPDR S&P 500 ETF TRUST (SPY) 28,360.000 SHS 16,621,229 16,621,229
STAG INDUSTRIAL, INC. CMN (STAG) 1,335.000 SHS 45,150 45,150
TESLA, INC. CMN (TSLA) 225.000 SHS 90,864 90,864
TPG RE FINANCE TRUST, INC. CMN (TRTX) 3,253.000 SHS 27,651 27,651
TRAVELERS COS INC (TRV) 3,443.000 SHS 829,384 829,384
U.S. BANCORP 3.750% PFD STK 20,000.000 QTY 337,600 337,600
UDR INC CMN (UDR) 495.000 SHS 21,488 21,488
URBAN EDGE PROPERTIES (UE) 58,444.000 SHS 1,256,546 1,256,546
VANGUARD HIGH DIVIDEND YIELD E (VYM) 18,525.000 SHS 2,363,605 2,363,605
VANGUARD SPECIALIZED PORTFOLIO VANGUARD DIVIDEND (VIG) 12,280.000 SHS 2,404,792 2,404,792
VENTAS, INC. CMN (VTR) 1,434.000 SHS 84,448 84,448
VICI PROPERTIES INC. CMN (VICI) 2,112.000 SHS 61,692 61,692
VISA INC CL A SHRS (V) 2,500.000 SHS 790,100 790,100
VORNADO REALTY TRUST (VNO) 116,888.000 SHS 4,913,972 4,913,972
VORNADO REALTY TRUST PFD USD1.3125 5.25% (VNOPRM) 3,686.000 SHS 63,325 63,325
W. P. CAREY INC. CMN (WPC) 529.000 SHS 28,820 28,820
XTRACKERS MSCI EAFE HEDGED EQUITY ETF (DBEF) 69,125.000 SHS 2,861,775 2,861,775

TY 2024 InvestmentsGovtObligationsSch
Name:
LAW FOUNDATION INC
EIN:
22-3074635
US Government Securities - End of Year Book Value:

0
US Government Securities - End of Year Fair Market Value:

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


513,660
State & Local Government Securities - End of Year Fair Market Value:


513,660


TY 2024 InvestmentsOtherSchedule2
Name:
LAW FOUNDATION INC
EIN:
22-3074635
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BLACKROCK CAPITAL ALLOCATION TERM TRUST 25,000.000 QTY FMV 378,750 378,750
E&F PRIVATE EQUITY MANAGERS (2022) OFFSHORE LP 1,000,000.000 QTY FMV 279,743 279,743
EATON VANCE INCOME FUND OF BOSTON I 159,122.168 QTY FMV 825,844 825,844
GLOBAL LONG SHORT PARTNERS FMV 651 651
GS HIGH YIELD FLOATING RATE FUND CLASS P 102,269.946 QTY FMV 906,112 906,112
GS SHORT DURATION BOND FUND CLASS P 315,872.587 QTY FMV 3,060,805 3,060,805
GS TACTICAL TILT OVERLAY FUND CLASS P (GSLPX) 697,073.343 QTY FMV 6,963,763 6,963,763
ISHARES RUSSELL 1000 12,800.000 QTY FMV 2,369,664 2,369,664
ISHARES TR RUSSELL 2000 6,000.000 QTY FMV 1,325,760 1,325,760
KKR ASIAN FUND III LP FMV 5,597,557 5,597,557
KKR ASIAN FUND IV SCSP FMV 3,485,354 3,485,354
KKR LENDING PARTNERS EUROPE (USD) LP FMV 1,008,684 1,008,684
NORTHVOLT INVESTMENTS, SLP 350,000.000 QTY FMV 71,914 71,914
PRIVATE EQUITY CO-INVESTMENT PARTNERS OFFSHORE SCSP 1,400,000.000 QTY FMV 798,862 798,862
PRIVATE EQUITY MANAGERS (2015) OFFSHORE S.C.SP 1,000,000.000 QTY FMV 910,925 910,925
PRIVATE EQUITY MANAGERS (2016) OFFSHORE SCSP 1,000,000.000 QTY FMV 1,217,413 1,217,413
PRIVATE EQUITY MANAGERS (2018) OFFSHORE SCSP 1,000,000.000 QTY FMV 1,284,781 1,284,781
PRIVATE EQUITY MANAGERS (2019) OFFSHORE SCSP 2,000,000.000 QTY FMV 2,761,963 2,761,963
PRIVATE EQUITY MANAGERS (2020) 1,000,000.000 QTY FMV 949,205 949,205
PRIVATE EQUITY MANAGERS (2021) OFFSHORE SCSP 2,000,000.000 QTY FMV 1,514,033 1,514,033
SECTOR SPDR UTILITIES 8,000.000 QTY FMV 605,520 605,520
SPDR S&P 500 ETF TRUST 5,300.000 QTY FMV 3,106,224 3,106,224
TCV XI ACCESS OFFSHORE SCSP 205,000.000 QTY FMV 160,336 160,336
THIRD POINT PARTNERS QUALIFIED LP FMV 15,523,551 15,523,551
VANGUARD DIVIDEND APPRECIATION ETF 4,300.000 QTY FMV 842,069 842,069
VINTAGE IX B OFFSHORE SCSP 1,000,000.000 QTY FMV 302,721 302,721
VINTAGE VII OFFSHORE SCSP 1,000,000.000 QTY FMV 569,416 569,416
VINTAGE VIII OFFSHORE SCSP 2,000,000.000 QTY FMV 1,830,627 1,830,627
WEST STREET CAPITAL PARTNERS IX OFFSHORE FEEDER FUND LLC 1,000,000.000 QTY FMV 70,285 70,285
WEST STREET CAPITAL PARTNERS VII PARALLEL, L.P. 2,500,000.000 QTY FMV 1,878,441 1,878,441
WEST STREET CAPITAL PARTNERS VIII - PARALLEL, L.P. 1,500,000.000 QTY FMV 1,470,034 1,470,034
WEST STREET GLOBAL GROWTH OFFS 1,000,000.000 QTY FMV 747,242 747,242
WEST STREET STRATEGIC SOLUTION 1,000,000.000 QTY FMV 722,546 722,546

TY 2024 OtherExpensesSchedule
Name:
LAW FOUNDATION INC
EIN:
22-3074635
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 570 570   0
BUSINESS REGISTRATION FEES 30 0   30
OTHER PARTNERSHIP EXPENSES THRU K-1S 0 166,295   0
FILING FEES 1,749 0   1,749
OFFICE EXPENSE 90 0   90


TY 2024 OtherIncomeSchedule2
Name:
LAW FOUNDATION INC
EIN:
22-3074635
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INVESTMENT INCOME 9,607 9,607 9,607
OTHER PARTNERSHIP INCOME THRU K-1S 0 1,432,017 0


TY 2024 OtherIncreasesSchedule
Name:
LAW FOUNDATION INC
EIN:
22-3074635
Description Amount
UNREALIZED GAIN ON INVESTMENTS 14,341,090


TY 2024 OtherProfessionalFeesSchedule
Name:
LAW FOUNDATION INC
EIN:
22-3074635
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 485,658 485,658   0


TY 2024 TaxesSchedule
Name:
LAW FOUNDATION INC
EIN:
22-3074635
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 65,000 0   0
FOREIGN TAXES 1,127 20,160   0