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
THE ROSALIND P WALTER FOUNDATION XXXXX1002
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

13-6177284
B Telephone number (see instructions)

(800) 496-2583
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$53,798,308J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 3,389,581
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 918,814 918,814  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,847,798
b Gross sales price for all assets on line 6a 12,390,982
7 Capital gain net income (from Part IV, line 2)... 1,847,798
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 6,156,193 2,766,612  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 418,202 285,299   132,903
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits....... 18,325 0 0 18,325
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
625 0 0 625
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
150,000     150,000
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
31,202 2,886   9,960
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,667     4,667
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 623,021 288,185 0 316,480
25 Contributions, gifts, grants paid....... 2,370,000 2,370,000
26 Total expenses and disbursements. Add lines 24 and 25 2,993,021 288,185 0 2,686,480
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,163,172
b Net investment income (if negative, enter -0-) 2,478,427
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 156,381 572,418 572,418
2 Savings and temporary cash investments......... 196,620 545,457 545,457
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 27,497,716 Click to see attachment
List of Attached Documents:
// Content
27,731,829 		42,890,970
c Investments—corporate bonds (attach schedule)....... 7,667,122 Click to see attachment
List of Attached Documents:
// Content
9,810,916 		9,789,463
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).......... 1,095   0
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 35,518,934 38,660,620 53,798,308
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 35,518,934 38,660,620
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)..... 35,518,934 38,660,620
30 Total liabilities and net assets/fund balances (see instructions). 35,518,934 38,660,620
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
35,518,934
2
Enter amount from Part I, line 27a .....................
2
3,163,172
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,007
4
Add lines 1, 2, and 3 ..........................
4
38,686,113
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
25,493
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
38,660,620
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 46. ABBVIE INC   2023-04-10 2024-01-03
b 61. ABBVIE INC   2022-08-24 2024-01-03
c 95. ADVANCED MICRO DEVICES INC     2024-01-03
d 270. ALPHABET INC-CL C   2020-03-04 2024-01-03
e 35. ALPHABET INC-CL A   2020-03-04 2024-01-03
289. AMAZON COM INC   2020-03-04 2024-01-03
51. AMERICAN EXPRESS CO   2023-04-10 2024-01-03
45. ANALOG DEVICES INC   2023-04-10 2024-01-03
206. APPLE COMPUTER INC   2020-03-04 2024-01-03
359. BANK OF AMERICA CORPORATION   2021-09-16 2024-01-03
30. BIOGEN IDEC INC   2022-12-01 2024-01-03
5. BOOKING HOLDINGS INC   2023-04-10 2024-01-03
192. BOSTON SCIENTIFIC CORP   2023-04-10 2024-01-03
202. BRISTOL MYERS SQUIBB CO   2020-03-04 2024-01-03
185. CONOCOPHILLIPS   2023-04-10 2024-01-03
18. COSTCO WHSL CORP NEW   2023-09-22 2024-01-03
34. DEERE & CO   2023-04-10 2024-01-03
138. EXXON MOBIL CORP   2023-09-12 2024-01-03
91. FACEBOOK INC-A   2021-09-16 2024-01-03
56. FISERV INC   2023-07-10 2024-01-03
46. ARTHUR J GALLAGHER & CO   2023-04-10 2024-01-03
48. HILTON WORLDWIDE HOLDINGS IN   2023-04-10 2024-01-03
50. HONEYWELL INTL INC   2020-03-04 2024-01-03
99. INGERSOLL RAND INC   2023-04-10 2024-01-03
25. INTUIT   2021-09-16 2024-01-03
22. INTUITIVE SURGICAL INC NEW   2021-09-16 2024-01-03
26. LAUDER ESTEE COS INC CL A   2023-09-22 2024-01-03
15. LILLY ELI & CO   2021-03-05 2024-01-03
33. LOWES COS INC   2023-04-10 2024-01-03
24. MARTIN MARIETTA MATLS INC   2023-11-09 2024-01-03
63. MASTERCARD INC - CLASS A   2023-04-10 2024-01-03
43. MCDONALDS CORP   2023-04-10 2024-01-03
204. MICROSOFT CORP   2021-09-16 2024-01-03
101. MONDELEZ INTERNATIONAL-W/I   2023-04-10 2024-01-03
179. MONSTER BEVERAGE CORP   2023-04-10 2024-01-03
158. MORGAN STANLEY DEAN WITTER & CO NEW   2023-04-10 2024-01-03
211. NEXTERA ENERGY INC   2022-08-03 2024-01-03
50. NORFOLK SOUTHN CORP   2021-09-16 2024-01-03
72. NVIDIA CORP   2023-04-10 2024-01-03
24. OLD DOMINION FREIGHT LINE INC COM   2023-04-10 2024-01-03
67. PEPSICO INC   2023-04-10 2024-01-03
48. PIONEER NAT RES CO   2023-04-10 2024-01-03
91. PROGRESSIVE CORP OHIO   2023-04-10 2024-01-03
12. REGENERON PHARMACEUTICALS INC   2023-01-06 2024-01-03
24. S&P GLOBAL INC   2022-12-02 2024-01-03
59. SOUTHERN CO   2023-12-19 2024-01-03
32. STRYKER CORP   2023-09-13 2024-01-03
76. TJX COS INC NEW   2023-09-22 2024-01-03
61. T-MOBILE US INC   2023-04-10 2024-01-03
82. TEXAS INSTRS INC   2020-03-04 2024-01-03
7. THERMO ELECTRON CORP   2021-03-05 2024-01-03
64. UNITEDHEALTH GROUP INC   2023-04-10 2024-01-03
56. WASTE CONNECTIONS INC   2023-04-10 2024-01-03
286. WELLS FARGO & CO NEW   2021-09-16 2024-01-03
50. EATON CORP PLC   2021-09-16 2024-01-03
51. LINDE PLC   2023-04-10 2024-01-03
3. ASML HOLDING NV-NY REG SHS   2023-11-20 2024-01-03
6. ASML HOLDING NV-NY REG SHS   2021-09-16 2024-01-03
81. NXP SEMICONDUCTORS NV   2021-09-16 2024-01-03
4030. ISHARES TR 7-10 YR TREAS INDEX FD     2024-01-23
4969. VANGUARD BD INDEX TOTAL BD MKT ETF   2023-04-10 2024-01-23
1071. VANGUARD BD INDEX TOTAL BD MKT ETF   2022-04-22 2024-01-23
38. ADVANCED MICRO DEVICES INC   2023-04-10 2024-01-29
567. ADVANCED MICRO DEVICES INC   2021-09-16 2024-01-29
307. ADVANCED MICRO DEVICES INC   2023-04-10 2024-02-20
909. NEXTERA ENERGY INC     2024-02-20
609. NEXTERA ENERGY INC   2023-04-10 2024-02-20
295. NEXTERA ENERGY INC   2022-06-06 2024-02-20
8995. VANGUARD BD INDEX TOTAL BD MKT ETF     2024-02-26
6772. VANGUARD BD INDEX TOTAL BD MKT ETF     2024-02-26
4. AMEX CONSUMER SVC SELECT SPD   2023-04-10 2024-03-13
837. AMEX CONSUMER SVC SELECT SPD     2024-03-13
36. AMEX CONSUMER SVC SELECT SPD   2022-05-05 2024-03-13
276. ADVANCED MICRO DEVICES INC     2024-03-20
72. NVIDIA CORP   2023-04-10 2024-03-20
81. ASML HOLDING NV-NY REG SHS     2024-03-20
251. NXP SEMICONDUCTORS NV   2023-04-10 2024-03-20
169. NXP SEMICONDUCTORS NV   2021-09-16 2024-03-20
253. NXP SEMICONDUCTORS NV     2024-04-12
252. NXP SEMICONDUCTORS NV   2021-03-05 2024-04-12
58. ABBVIE INC   2022-08-24 2024-04-15
21. ADVANCED MICRO DEVICES INC   2023-03-28 2024-04-15
144. ALPHABET INC-CL C   2020-03-04 2024-04-15
18. ALPHABET INC-CL A   2020-03-04 2024-04-15
154. AMAZON COM INC   2020-03-04 2024-04-15
27. AMERICAN EXPRESS CO   2023-04-10 2024-04-15
25. ANALOG DEVICES INC   2023-04-10 2024-04-15
198. BANK OF AMERICA CORPORATION   2021-09-16 2024-04-15
17. BIOGEN IDEC INC   2022-12-01 2024-04-15
3. BOOKING HOLDINGS INC   2023-04-10 2024-04-15
100. BOSTON SCIENTIFIC CORP   2023-04-10 2024-04-15
109. BRISTOL MYERS SQUIBB CO   2020-03-04 2024-04-15
98. CONOCOPHILLIPS   2023-04-10 2024-04-15
11. COSTCO WHSL CORP NEW   2023-09-22 2024-04-15
17. DEERE & CO   2023-04-10 2024-04-15
73. EXXON MOBIL CORP   2023-09-12 2024-04-15
49. FACEBOOK INC-A   2021-09-16 2024-04-15
36. FISERV INC   2023-07-10 2024-04-15
25. ARTHUR J GALLAGHER & CO   2023-04-10 2024-04-15
26. HILTON WORLDWIDE HOLDINGS IN   2023-04-10 2024-04-15
27. HONEYWELL INTL INC   2020-03-04 2024-04-15
52. INGERSOLL RAND INC   2023-04-10 2024-04-15
13. INTUIT   2021-09-16 2024-04-15
12. INTUITIVE SURGICAL INC NEW   2021-09-16 2024-04-15
15. LAUDER ESTEE COS INC CL A   2023-09-22 2024-04-15
9. LILLY ELI & CO   2021-03-05 2024-04-15
18. LOWES COS INC   2023-04-10 2024-04-15
14. MARTIN MARIETTA MATLS INC   2023-11-09 2024-04-15
34. MASTERCARD INC - CLASS A   2023-04-10 2024-04-15
23. MCDONALDS CORP   2023-04-10 2024-04-15
110. MICROSOFT CORP   2021-09-16 2024-04-15
57. MONDELEZ INTERNATIONAL-W/I   2023-04-10 2024-04-15
100. MONSTER BEVERAGE CORP   2023-04-10 2024-04-15
84. MORGAN STANLEY DEAN WITTER & CO NEW   2023-04-10 2024-04-15
73. NEXTERA ENERGY INC   2023-04-10 2024-04-15
27. NORFOLK SOUTHN CORP   2021-09-16 2024-04-15
31. NVIDIA CORP   2023-04-10 2024-04-15
26. OLD DOMINION FREIGHT LINE INC COM   2023-04-10 2024-04-15
36. PEPSICO INC   2023-04-10 2024-04-15
25. PIONEER NAT RES CO   2023-04-10 2024-04-15
50. PROGRESSIVE CORP OHIO   2023-04-10 2024-04-15
6. REGENERON PHARMACEUTICALS INC   2023-01-06 2024-04-15
12. S&P GLOBAL INC   2022-12-02 2024-04-15
64. SOUTHERN CO   2023-12-19 2024-04-15
18. STRYKER CORP   2023-09-13 2024-04-15
39. TJX COS INC NEW   2023-09-22 2024-04-15
33. T-MOBILE US INC   2023-04-10 2024-04-15
45. TEXAS INSTRS INC   2020-03-04 2024-04-15
10. THERMO ELECTRON CORP   2024-01-29 2024-04-15
33. UNITEDHEALTH GROUP INC   2023-04-10 2024-04-15
29. WASTE CONNECTIONS INC   2023-04-10 2024-04-15
158. WELLS FARGO & CO NEW   2021-09-16 2024-04-15
26. EATON CORP PLC   2021-09-16 2024-04-15
28. LINDE PLC   2023-04-10 2024-04-15
3. ASML HOLDING NV-NY REG SHS   2023-04-10 2024-04-15
22. NXP SEMICONDUCTORS NV   2021-03-05 2024-04-15
2199. VANGUARD BD INDEX TOTAL BD MKT ETF   2024-04-15 2024-05-08
4318. VANGUARD BD INDEX TOTAL BD MKT ETF   2022-10-21 2024-05-08
7. VANGUARD INT-TERM CORPORATE   2022-07-15 2024-05-08
11. VANGUARD INT-TERM CORPORATE   2022-07-15 2024-05-08
6013. VANGUARD INT-TERM CORPORATE     2024-05-08
11. DEERE & CO   2023-04-10 2024-05-13
270. DEERE & CO     2024-05-13
18. DEERE & CO   2021-08-19 2024-05-13
11. DEERE & CO   2021-08-19 2024-05-13
27. LAUDER ESTEE COS INC CL A   2023-09-22 2024-05-17
630. LAUDER ESTEE COS INC CL A     2024-05-17
28. LAUDER ESTEE COS INC CL A   2023-09-22 2024-05-20
. EXXON MOBIL CORP     2024-05-28
896. ALPHABET INC-CL A     2024-06-05
7855.753 FIDELITY 500 INDEX FUND     2024-07-12
7764. VANGUARD LONG-TERM TREASURY ETF     2024-08-06
1046. ALPHABET INC-CL C   2020-03-04 2024-09-12
50. INTUIT     2024-09-12
212. INTUIT     2024-09-12
172. BIOGEN IDEC INC   2023-10-27 2024-10-03
636. BIOGEN IDEC INC     2024-10-03
385. INTUIT     2024-10-03
2592.996 FIDELITY 500 INDEX FUND   2024-08-06 2024-10-04
17. DEERE & CO   2021-08-19 2024-10-14
11. DEERE & CO   2021-08-19 2024-10-14
43. DEERE & CO     2024-10-15
5. DEERE & CO   2021-09-16 2024-10-15
1. DEERE & CO   2021-09-16 2024-10-15
57. DEERE & CO   2021-09-16 2024-10-16
28. DEERE & CO   2021-09-16 2024-10-17
28. DEERE & CO   2021-09-16 2024-10-17
290. DEERE & CO     2024-11-01
24. DEERE & CO   2021-10-21 2024-11-01
119. ALPHABET INC-CL C   2020-03-04 2024-11-11
144. AMAZON COM INC   2020-03-04 2024-11-11
120. EXXON MOBIL CORP   2023-09-12 2024-11-11
44. FACEBOOK INC-A   2021-09-16 2024-11-11
352. HONEYWELL INTL INC     2024-11-11
34. MASTERCARD INC - CLASS A   2024-09-12 2024-11-11
43. MCDONALDS CORP   2023-04-10 2024-11-11
102. MICROSOFT CORP   2021-09-16 2024-11-11
350. NVIDIA CORP   2023-04-10 2024-11-11
414. SELECT SECTOR SPDR TR SHARES BEN   2024-04-17 2024-11-11
118. SELECT SECTOR SPDR TR SHARES BEN   2022-05-05 2024-11-11
1467. COMM SERV SELECT SECTOR SPDR   2022-05-05 2024-11-11
31. UNITEDHEALTH GROUP INC   2023-04-10 2024-11-11
26. LINDE PLC   2023-04-10 2024-11-11
139. ANALOG DEVICES INC     2024-11-13
1052. ANALOG DEVICES INC   2021-03-05 2024-11-13
35. CONOCOPHILLIPS   2023-04-10 2024-11-21
472. CONOCOPHILLIPS     2024-11-21
99. CONOCOPHILLIPS   2022-03-03 2024-11-21
51. LILLY ELI & CO   2021-03-05 2024-11-21
37. LILLY ELI & CO   2021-03-05 2024-11-21
4. LILLY ELI & CO   2021-03-05 2024-11-21
1410. MONSTER BEVERAGE CORP     2024-11-21
9. MONSTER BEVERAGE CORP   2022-08-24 2024-11-21
20. MONSTER BEVERAGE CORP   2022-08-24 2024-11-21
55. MONSTER BEVERAGE CORP   2022-08-24 2024-11-21
10. T-MOBILE US INC   2023-04-10 2024-11-21
1. T-MOBILE US INC   2023-04-10 2024-11-21
305. T-MOBILE US INC     2024-11-21
5. LINDE PLC   2023-04-10 2024-11-21
137. LINDE PLC     2024-11-21
12. LINDE PLC   2023-03-24 2024-11-21
14. LINDE PLC   2023-03-24 2024-11-21
53. LINDE PLC   2023-03-24 2024-11-21
260. MONSTER BEVERAGE CORP   2022-08-24 2024-11-22
55230.331 BLACKROCK HIGH YIELD-K   2024-07-17 2024-12-06
5615. VANGUARD EMERG MKTS GOV BND     2024-12-06
13636. VANGUARD LONG-TERM TREASURY ETF     2024-12-06
1319. ADVANCED MICRO DEVICES INC     2024-12-17
80. COSTCO WHSL CORP NEW     2024-12-17
47. COSTCO WHSL CORP NEW   2023-04-10 2024-12-17
1090. NVIDIA CORP     2024-12-17
480. T-MOBILE US INC     2024-12-17
810. T-MOBILE US INC     2024-12-17
1. REDMILE CAPITAL OFFSHORE FUND, LTD. CLASS C SPECIAL INVESTMENT - NE   2020-12-31 2024-12-31
(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 7,379   7,387 -8
b 9,786   8,440 1,346
c 12,830   12,776 54
d 37,883   18,429 19,454
e 4,859   2,381 2,478
43,190   28,183 15,007
9,533   8,208 1,325
8,520   8,577 -57
37,798   15,352 22,446
11,961   14,605 -2,644
7,960   9,076 -1,116
17,058   12,893 4,165
11,066   9,622 1,444
10,560   12,258 -1,698
22,014   19,635 2,379
11,687   10,071 1,616
13,457   12,787 670
14,168   16,202 -2,034
31,343   33,962 -2,619
7,369   7,073 296
10,423   8,988 1,435
8,576   6,798 1,778
10,305   8,408 1,897
7,461   5,486 1,975
14,809   14,359 450
7,070   7,580 -510
3,641   3,839 -198
9,200   3,027 6,173
7,036   6,598 438
11,537   10,898 639
26,425   22,737 3,688
12,730   12,160 570
75,687   62,194 13,493
7,432   7,104 328
10,380   9,346 1,034
14,555   13,252 1,303
12,921   18,248 -5,327
11,664   12,408 -744
34,372   19,856 14,516
9,289   8,002 1,287
11,619   12,257 -638
11,074   10,625 449
14,945   13,522 1,423
11,020   8,868 2,152
10,371   8,647 1,724
4,218   4,239 -21
9,369   9,472 -103
6,994   6,800 194
9,958   9,121 837
13,651   9,571 4,080
3,735   3,069 666
34,699   32,825 1,874
8,311   7,734 577
13,872   13,320 552
11,680   7,969 3,711
20,856   18,241 2,615
2,105   2,080 25
4,210   5,324 -1,114
17,479   17,275 204
382,746   418,527 -35,781
360,796   367,778 -6,982
77,765   81,557 -3,792
6,726   3,635 3,091
100,353   60,376 39,977
50,538   29,365 21,173
51,747   74,403 -22,656
34,302   47,719 -13,417
16,616   23,790 -7,174
647,877   659,109 -11,232
487,762   478,057 9,705
586   531 55
122,580   111,050 11,530
5,272   4,644 628
49,781   26,155 23,626
64,268   19,856 44,412
77,066   56,060 21,006
59,807   43,252 16,555
40,269   36,043 4,226
59,940   43,493 16,447
59,478   43,177 16,301
9,452   8,025 1,427
3,414   1,975 1,439
23,003   9,829 13,174
2,847   1,225 1,622
28,871   15,018 13,853
5,934   4,346 1,588
4,824   4,765 59
7,203   8,055 -852
3,372   5,143 -1,771
10,718   7,736 2,982
6,859   5,011 1,848
5,301   6,615 -1,314
12,890   10,401 2,489
8,094   6,155 1,939
6,803   6,394 409
8,793   8,571 222
25,197   18,287 6,910
5,448   4,547 901
5,897   4,885 1,012
5,428   3,682 1,746
5,269   4,540 729
4,818   2,881 1,937
8,102   7,467 635
4,640   4,135 505
2,095   2,215 -120
6,879   1,816 5,063
4,175   3,599 576
8,494   6,357 2,137
15,843   12,271 3,572
6,148   6,504 -356
46,544   33,536 13,008
3,768   4,009 -241
5,436   5,221 215
7,328   7,046 282
4,595   5,720 -1,125
6,672   6,700 -28
27,854   8,549 19,305
5,822   4,334 1,488
6,025   6,586 -561
6,780   5,534 1,246
10,286   7,430 2,856
5,445   4,434 1,011
5,008   4,324 684
4,377   4,598 -221
6,197   5,328 869
3,681   3,490 191
5,305   4,934 371
7,531   5,252 2,279
5,630   5,568 62
14,694   16,925 -2,231
4,872   4,005 867
9,105   7,358 1,747
8,321   4,144 4,177
12,624   10,014 2,610
2,924   1,982 942
5,145   3,769 1,376
156,952   155,568 1,384
308,195   298,534 9,661
555   564 -9
872   886 -14
476,541   482,884 -6,343
4,488   4,137 351
110,578   98,043 12,535
7,437   6,456 981
4,498   3,945 553
3,640   3,986 -346
84,966   92,936 -7,970
3,717   4,130 -413
116     116
156,667   60,962 95,705
1,532,186   1,136,731 395,455
471,429   456,122 15,307
161,525   71,396 90,129
32,086   28,048 4,038
136,173   96,116 40,057
31,724   40,291 -8,567
117,307   179,109 -61,802
231,964   150,353 81,611
517,951   472,185 45,766
6,856   6,097 759
4,440   3,945 495
17,330   15,408 1,922
2,026   1,782 244
405   356 49
23,139   20,316 2,823
11,343   9,980 1,363
11,331   9,980 1,351
116,074   100,047 16,027
9,609   8,228 1,381
21,607   8,123 13,484
29,686   14,043 15,643
14,518   14,089 429
25,646   16,421 9,225
78,546   59,189 19,357
18,088   16,566 1,522
13,003   12,160 843
42,696   31,097 11,599
50,744   9,652 41,092
90,585   71,347 19,238
25,819   18,951 6,868
141,233   88,495 52,738
19,389   15,900 3,489
11,910   9,299 2,611
29,740   25,142 4,598
224,720   154,628 70,092
3,999   3,715 284
53,801   49,447 4,354
11,076   9,615 1,461
38,007   10,291 27,716
27,575   7,466 20,109
2,961   807 2,154
75,728   68,141 7,587
484   407 77
1,076   903 173
2,968   2,484 484
2,366   1,495 871
237   150 87
72,110   44,759 27,351
2,258   1,788 470
61,902   48,286 13,616
5,415   4,130 1,285
6,326   4,819 1,507
24,005   18,242 5,763
14,064   11,745 2,319
398,763   392,688 6,075
366,869   350,081 16,788
807,563   810,468 -2,905
164,849   105,908 58,941
79,254   42,696 36,558
46,371   23,185 23,186
140,450   29,512 110,938
107,424   69,371 38,053
179,727   112,886 66,841
149   1,095 -946
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       -8
b       1,346
c       54
d       19,454
e       2,478
      15,007
      1,325
      -57
      22,446
      -2,644
      -1,116
      4,165
      1,444
      -1,698
      2,379
      1,616
      670
      -2,034
      -2,619
      296
      1,435
      1,778
      1,897
      1,975
      450
      -510
      -198
      6,173
      438
      639
      3,688
      570
      13,493
      328
      1,034
      1,303
      -5,327
      -744
      14,516
      1,287
      -638
      449
      1,423
      2,152
      1,724
      -21
      -103
      194
      837
      4,080
      666
      1,874
      577
      552
      3,711
      2,615
      25
      -1,114
      204
      -35,781
      -6,982
      -3,792
      3,091
      39,977
      21,173
      -22,656
      -13,417
      -7,174
      -11,232
      9,705
      55
      11,530
      628
      23,626
      44,412
      21,006
      16,555
      4,226
      16,447
      16,301
      1,427
      1,439
      13,174
      1,622
      13,853
      1,588
      59
      -852
      -1,771
      2,982
      1,848
      -1,314
      2,489
      1,939
      409
      222
      6,910
      901
      1,012
      1,746
      729
      1,937
      635
      505
      -120
      5,063
      576
      2,137
      3,572
      -356
      13,008
      -241
      215
      282
      -1,125
      -28
      19,305
      1,488
      -561
      1,246
      2,856
      1,011
      684
      -221
      869
      191
      371
      2,279
      62
      -2,231
      867
      1,747
      4,177
      2,610
      942
      1,376
      1,384
      9,661
      -9
      -14
      -6,343
      351
      12,535
      981
      553
      -346
      -7,970
      -413
      116
      95,705
      395,455
      15,307
      90,129
      4,038
      40,057
      -8,567
      -61,802
      81,611
      45,766
      759
      495
      1,922
      244
      49
      2,823
      1,363
      1,351
      16,027
      1,381
      13,484
      15,643
      429
      9,225
      19,357
      1,522
      843
      11,599
      41,092
      19,238
      6,868
      52,738
      3,489
      2,611
      4,598
      70,092
      284
      4,354
      1,461
      27,716
      20,109
      2,154
      7,587
      77
      173
      484
      871
      87
      27,351
      470
      13,616
      1,285
      1,507
      5,763
      2,319
      6,075
      16,788
      -2,905
      58,941
      36,558
      23,186
      110,938
      38,053
      66,841
      -946
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,847,798
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 34,450
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 34,450
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 34,450
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 22,144
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 29,748
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 51,892
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
8 217
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 17,225
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow17,225 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowJP MORGAN CHASE BANK NA Telephone no.right arrow (800) 496-2583

Located atright arrow10 S DEARBORN ST IL1-0111CHICAGOIL ZIP+4right arrow60603
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
RICHARD SOMERSET WARD CO-TRUSTEE
2 		0    
67 BENTLEY CT
BEDMINSTER,NJ079211420
MAURIZIO J MORELLO CO-TRUSTEE
2 		72,208    
ONE ROCKEFELLER PLAZA SUITE 301
NEW YORK,NY10020
EDWARD BEN WALTER CO-TRUSTEE
2 		72,207    
1830 PORT WHEELER PL
NEW PORT BEACH,CA926606628
HENRY S THOMPSON CO-TRUSTEE
2 		0    
5132 MANCHESTER RD
SAN DIEGO,CA921151740
JP MORGAN CHASE BANK NA TRUSTEE
2 		273,787    
10 S DEARBORN IL1-0111
CHICAGO,IL60603
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
RICHARD SOMERSET WARD EXECUTIVE DIRECTOR
35 		150,000    
67 BENTLY CT
BEDMINSTER,NJ079211420
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
48,821,611
b
Average of monthly cash balances.......................
1b
667,441
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
49,489,052
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
49,489,052
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
742,336
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
48,746,716
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,437,336
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
2,437,336
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
34,450
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
34,450
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,402,886
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,402,886
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
2,402,886
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
2,686,480
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,686,480
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 2,402,886
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 1,312,627
b From 2020...... 1,486,250
c From 2021...... 546,872
d From 2022...... 794,475
e From 2023...... 0
f Total of lines 3a through e ........ 4,140,224
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,686,480
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 2,402,886
e Remaining amount distributed out of corpus 283,594
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 4,423,818
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		1,312,627
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		3,111,191
10 Analysis of line 9:
a Excess from 2020.... 1,486,250
b Excess from 2021.... 546,872
c Excess from 2022.... 794,475
d Excess from 2023.... 0
e Excess from 2024.... 283,594
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

THE GEORGE POLK AWARDS

8 SPIES ROAD
NEW PALTZ,NY11256 		NONE PC GENERAL OPERATING 20,000

PBS FOUNDATION

1225 S CLARCK STREET
ARLINGTON,VA22202 		NONE PC GENERAL 1,000,000

WNET

825 EIGHT AVENUE
NEW YORK,NY10019 		NONE PC GENERAL 1,100,000

INFORMATION EQUITY INITIATIVE INC

3300 ARAPAHOE AVENUE
BOULDER,CO80303 		NONE PC GENERAL OPERATING 250,000
Total .................................right arrow 3a 2,370,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 918,814  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,847,798  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   2,766,612  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,766,612
(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
THE ROSALIND P WALTER FOUNDATION XXXXX1002
 
Employer identification number

13-6177284
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
THE ROSALIND P WALTER FOUNDATION XXXXX1002
  		Employer identification number
13-6177284
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
ESTATE OF ROSALIND P WALTER
10 S DEARBORN IL1-0111
 
CHICAGO, IL60603

$ 3,389,581


(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.)
(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
THE ROSALIND P WALTER FOUNDATION XXXXX1002
  		Employer identification number

13-6177284
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
THE ROSALIND P WALTER FOUNDATION XXXXX1002
  		Employer identification number

13-6177284
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:
THE ROSALIND P WALTER FOUNDATION XXXXX1002
EIN:
13-6177284
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAX RETURN PREP 625     625

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE ROSALIND P WALTER FOUNDATION XXXXX1002
EIN:
13-6177284
Name of Bond End of Year Book Value End of Year Fair Market Value
09260B614 BLACKROCK HIGH YIELD 1,626,964 1,657,628
921937835 VANGUARD TOTAL BOND 652,047 646,615
92206C771 VANGUARD MORTGAGE-BA 3,634,567 3,544,817
464287440 ISHARES 7-10 YEAR TR 1,933,524 1,913,345
92206C870 VANGUARD INT-TERM CO 1,963,814 2,027,058

TY 2024 InvestmentsCorpStockSchedule
Name:
THE ROSALIND P WALTER FOUNDATION XXXXX1002
EIN:
13-6177284
Name of Stock End of Year Book Value End of Year Fair Market Value
00287Y109 ABBVIE INC 308,087 500,936
007903107 ADVANCED MICRO DEVIC    
02079K107 ALPHABET INC-CL C 398,754 1,112,550
02079K305 ALPHABET INC-CL A    
023135106 AMAZON.COM INC 717,341 1,613,833
025816109 AMERICAN EXPRESS CO 193,590 394,137
032654105 ANALOG DEVICES INC    
037833100 APPLE INC 826,351 1,928,234
060505104 BANK OF AMERICA CORP 310,758 417,217
09062X103 BIOGEN INC    
09857L108 BOOKING HOLDINGS INC 298,045 645,895
101137107 BOSTON SCIENTIFIC CO 207,331 444,099
110122108 BRISTOL-MYERS SQUIBB 315,989 299,259
20825C104 CONOCOPHILLIPS 295,616 415,423
22160K105 COSTCO WHOLESALE COR 170,488 319,778
244199105 DEERE & CO    
30303M102 META PLATFORMS INC-C 524,271 1,350,772
315911750 FIDELITY 500 INDEX F 3,243,039 4,160,481
337738108 FISERV INC 270,248 419,673
363576109 ARTHUR J GALLAGHER & 177,132 337,782
43300A203 HILTON WORLDWIDE HOL 159,619 313,399
438516106 HONEYWELL INTERNATIO 155,566 212,111
45687V106 INGERSOLL RAND INC 127,311 234,291
461202103 INTUIT INC    
46120E602 INTUITIVE SURGICAL I 166,916 293,342
518439104 ESTEE LAUDER COMPANI    
532457108 ELI LILLY & CO 71,430 273,288
548661107 LOWE'S COS INC 134,975 212,248
57636Q104 MASTERCARD INC - A 598,692 888,324
580135101 MCDONALD'S CORP 412,388 478,319
594918104 MICROSOFT CORP 1,264,975 2,194,329
609207105 MONDELEZ INTERNATION 225,311 219,149
617446448 MORGAN STANLEY 337,003 515,703
65339F101 NEXTERA ENERGY INC 300,235 306,905
655844108 NORFOLK SOUTHERN COR 308,884 304,641
67066G104 NVIDIA CORP 295,148 2,235,929
679580100 OLD DOMINION FREIGHT 181,528 222,264
713448108 PEPSICO INC 338,646 336,053
723787107 PIONEER NATURAL RESO    
75886F107 REGENERON PHARMACEUT 161,992 207,288
882508104 TEXAS INSTRUMENTS IN 251,998 404,834
883556102 THERMO FISHER SCIENT 220,843 230,462
91324P102 UNITEDHEALTH GROUP I 593,982 811,905
94106B101 WASTE CONNECTIONS IN 158,966 247,075
949746101 WELLS FARGO & CO 292,284 524,412
G29183103 EATON CORP PLC 185,063 427,780
N07059210 ASML HOLDING NV-NY R 150,723 180,894
N6596X109 NXP SEMICONDUCTORS N 251,590 293,276
30231G102 EXXON MOBIL CORP 583,147 674,679
61174X109 MONSTER BEVERAGE COR 130,416 154,421
743315103 PROGRESSIVE CORP 285,537 566,678
78409V104 S&P GLOBAL INC 217,130 306,288
81369Y209 HEALTH CARE SELECT S 1,274,585 1,340,207
81369Y308 CONSUMER STAPLES SPD 510,137 529,124
81369Y407 CONSUMER DISCRETIONA 827,066 1,186,138
81369Y506 ENERGY SELECT SECTOR 528,906 549,423
81369Y605 FINANCIAL SELECT SEC 1,225,746 1,749,739
81369Y704 INDUSTRIAL SELECT SE 648,303 811,510
81369Y852 COMM SERV SELECT SEC 710,196 1,144,875
872590104 T-MOBILE US INC    
92204A702 VANGUARD INFO TECH E 1,994,634 3,374,509
573284106 MARTIN MARIETTA MATE 286,996 349,154
842587107 THE SOUTHERN COMPANY 389,163 429,299
863667101 STRYKER CORP 249,221 303,522
872540109 TJX COMPANIES INC 157,602 234,251
G54950103 LINDE PLC 282,336 458,862
11135F101 BROADCOM INC 453,013 442,119
127387108 CADENCE DESIGN SYS I 192,818 188,989
254687106 WALT DISNEY CO/THE 305,753 297,082
68902V107 OTIS WORLDWIDE CORP 359,836 323,487
79466L302 SALESFORCE INC 355,685 404,874
824348106 SHERWIN-WILLIAMS CO/ 160,495 143,450

TY 2024 InvestmentsOtherSchedule2
Name:
THE ROSALIND P WALTER FOUNDATION XXXXX1002
EIN:
13-6177284
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
HERMCAYA1 REDMILE CAPITAL OFFS      

TY 2024 OtherDecreasesSchedule
Name:
THE ROSALIND P WALTER FOUNDATION XXXXX1002
EIN:
13-6177284
Description Amount
RETURN OF CAPITAL ADJUSTMENT 284
2024 TRANSACTION POSTED IN 2025 11,297
PRIOR YEAR DDA BALANCE ADJUSTMENT 13,909
ROUNDING 3


TY 2024 OtherExpensesSchedule
Name:
THE ROSALIND P WALTER FOUNDATION XXXXX1002
EIN:
13-6177284
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MEETING EXPENSES 1,337 0   1,337
ATTORNEY GENERAL FEE 750 0   750
PAYROLL ADMIN EXPENSES 2,580 0   2,580


TY 2024 OtherIncreasesSchedule
Name:
THE ROSALIND P WALTER FOUNDATION XXXXX1002
EIN:
13-6177284
Description Amount
2023 TRANSACTION POSTED IN 2024 4,007


TY 2024 OtherProfessionalFeesSchedule
Name:
THE ROSALIND P WALTER FOUNDATION XXXXX1002
EIN:
13-6177284
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVISOR/CONSULTING FEES 150,000     150,000


TY 2024 TaxesSchedule
Name:
THE ROSALIND P WALTER FOUNDATION XXXXX1002
EIN:
13-6177284
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,886 2,886   0
FEDERAL TAX PAYMENT - PRIOR YE 1,156 0   0
FEDERAL ESTIMATES - INCOME 17,200 0   0
NJ PAYROLL TAXES 5,797 0   5,797
US PAYROLL TAXES 4,163 0   4,163