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
RALPH L & WINIFRED E POLK FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)260 E BROWN STREET 280
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM, MI48009
A Employer identification number

38-6080075
B Telephone number (see instructions)

(248) 385-5285
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$17,604,229J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 570,374 570,374  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,758,973
b Gross sales price for all assets on line 6a 6,355,230
7 Capital gain net income (from Part IV, line 2)... 2,758,973
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
6,429 1,429  
12 Total. Add lines 1 through 11........ 3,335,776 3,330,776  
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
11,760 5,880   5,880
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
41,588 21,588   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
111,777 97,811   13,966
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 165,125 125,279   19,846
25 Contributions, gifts, grants paid....... 758,500 758,500
26 Total expenses and disbursements. Add lines 24 and 25 923,625 125,279   778,346
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,412,151
b Net investment income (if negative, enter -0-) 3,205,497
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............. 10,048 7,174 7,174
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow7,986
Less: allowance for doubtful accounts right arrow   74,686 7,986 7,986
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.......... 7,934 4,381 4,381
10a Investments—U.S. and state government obligations (attach schedule) 866,810 Click to see attachment
List of Attached Documents:
// Content
894,374 		826,623
b Investments—corporate stock (attach schedule)....... 5,274,063 Click to see attachment
List of Attached Documents:
// Content
5,314,310 		7,137,441
c Investments—corporate bonds (attach schedule)....... 703,641 Click to see attachment
List of Attached Documents:
// Content
2,988,961 		2,944,043
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).......... 7,005,770 Click to see attachment
List of Attached Documents:
// Content
7,035,620 		6,676,581
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) 13,942,952 16,252,806 17,604,229
Liabilities 17 Accounts payable and accrued expenses.......... 7,842 18
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)......... 7,842 18
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........... 13,935,110 16,252,788
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)..... 13,935,110 16,252,788
30 Total liabilities and net assets/fund balances (see instructions). 13,942,952 16,252,806
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
13,935,110
2
Enter amount from Part I, line 27a .....................
2
2,412,151
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
16,347,261
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
94,473
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
16,252,788
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 FROM K-1'S P    
c R.L. POLK & CO - SETTLEMENT INCOME P    
d CAPITAL GAINS DIVIDENDS P    
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,994,545   3,435,503 559,042
b     47,972 -47,972
c 2,344,349   112,782 2,231,567
d 16,336     16,336
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       559,042
b       -47,972
c       2,231,567
d       16,336
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,758,973
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 44,556
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 44,556
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 44,556
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 14,574
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 34,574
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 9,982
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMI
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowHIGHGATE LLC Telephone no.right arrow (248) 385-5280

Located atright arrow260 E BROWN STREET STE 280BIRMINGHAMMI ZIP+4right arrow48009
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)
Yes
 
(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
 
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
Yes
 
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
 
No
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
KATHERINE POLK OSBORNE PRESIDENT/TREASURER/TRUSTE
1.00 		0 0 0
260 E BROWN STREET STE 340
BIRMINGHAM,MI48009
ROBERTA N POLK TRUSTEE
0.50 		0 0 0
260 E BROWN STREET STE 340
BIRMINGHAM,MI48009
SUSAN P SCYPHERS TRUSTEE
0.50 		0 0 0
260 E BROWN STREET STE 340
BIRMINGHAM,MI48009
STEPHEN R POLK TRUSTEE
0.50 		0 0 0
260 E BROWN STREET STE 340
BIRMINGHAM,MI48009
RYAN L POLK TRUSTEE
0.50 		0 0 0
260 E BROWN STREET STE 340
BIRMINGHAM,MI48009
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
16,155,077
b
Average of monthly cash balances.......................
1b
10,702
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
16,165,779
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
16,165,779
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
242,487
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
15,923,292
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
796,165
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
796,165
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
44,556
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
44,556
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
751,609
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
751,609
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
751,609
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
778,346
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
778,346
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 7 751,609
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...... 372,385
b From 2020...... 55,762
c From 2021...... 20,066
d From 2022......  
e From 2023...... 46,617
f Total of lines 3a through e ........ 494,830
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 778,346
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..... 751,609
e Remaining amount distributed out of corpus 26,737
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 5 521,567
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) ... 		372,385
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		149,182
10 Analysis of line 9:
a Excess from 2020.... 55,762
b Excess from 2021.... 20,066
c Excess from 2022....  
d Excess from 2023.... 46,617
e Excess from 2024.... 26,737
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).)
KATHERINE POLK OSBORNE
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

AUTOMOTIVE HALL OF FAME

21400 OAKWOOD
DEARBORN,MI48124 		  PC GENERAL FUND 10,000

BUILDING BEDS 4 KIDS

14241 W ELEVEN MILE RD
OAK PARK,MI48237 		  PC SERVICES FOR THE UNDERPRIVILEGED 10,000

CHERRYLAND HUMANE SOCIETY

1750 AHLBERG RD
TRAVERSE CITY,MI49696 		  PC ANIMAL CARE AND SUPPORT 25,000

COLLEGE FOR CREATIVE STUDIES

201 E KIRBY ST
DETROIT,MI48202 		  PC HIGHER EDUCATION 25,000

CORNERSTONE SCHOOLS FOUNDATION

7401 EMILY ST
DETROIT,MI48234 		  PC EDUCATION SERVICES 20,000

DETROIT OPERA

1526 BROADWAY
DETROIT,MI48226 		  PC GENERAL FUND 10,000

DETROIT PAL

1680 MICHIGAN AVE
DETROIT,MI48216 		  PC GENERAL FUND 10,000

DETROIT RIVERFRONT CONSERVENCY

600 RENAISSANCE CENTER 1720
DETROIT,MI48243 		  PC NATURE CONSERVATION AND PROMOTION 10,000

DETROIT ZOOLOGICAL SOCIETY

8450 W 10 MILE RD SUITE 1
ROYAL OAK,MI48067 		  PC ZOOLOGICAL SERVICES 100,000

FATHER FRED FOUNDATION

826 HASTINGS ST
TRAVERSE CITY,MI49686 		  PC GENERAL WELFARE SERVICES 15,000

FORGOTTEN HARVEST

21800 GREENFIELD RD
OAK PARK,MI48237 		  PC SERVICES FOR THE UNDERPRIVILEGED 20,000

FRIENDS OF PENINSULA COMMUNITY LIBRARY

2893 ISLAND VIEW ROAD
TRAVERSE CITY,MI49686 		  PC EDUCATION SERVICES 3,000

GLEANERS COMMUNITY FOOD BANK

2131 BEAUFAIT ST
DETROIT,MI48207 		  PC SERVICES FOR THE UNDERPRIVILEGED 20,000

GRAND TRAVERSE REGIONAL LAND CONSERVANCY

3860 N LONG LAKE RD D
TRAVERSE CITY,MI49684 		  PC NATURE CONSERVATION AND PROMOTION 50,000

GREAT LAKES CHILDREN'S MUSEUM

13240 S W BAY SHORE DR
TRAVERSE CITY,MI49684 		  PC HISTORICAL PRESERVATION 15,000

GREENING OF DETROIT

13000 W MCNICHOLS RD
DETROIT,MI48235 		  PC NATURE CONSERVATION AND PROMOTION 20,000

INTERLOCHEN CENTER FOR THE ARTS

4000 M-137
INTERLOCHEN,MI49643 		  PC PROMOTION OF THE ARTS 20,000

INTERNATIONAL WILDLIFE REFUGE ALLIANCE

5437 W JEFFERSON AVENUE
TRENTON,MI48183 		  PC NATURE CONSERVATION AND PROMOTION 5,000

JUDSON CENTER

30301 NORTHWESTERN HIGHWAY SUITE
100
FARMINGTON HILLS,MI48334 		  PC YOUTH SERVICES 15,000

LEADER DOGS FOR THE BLIND

1039 S ROCHESTER RD
ROCHESTER HILLS,MI48307 		  PC ASSISTANCE FOR PHYSICALLY HANDICAPPED 10,000

MICHIGAN HUMANE SOCIETY

30300 TELEGRAPH ROAD SUITE 220
BINGHAM FARMS,MI48025 		  PC ANIMAL CARE AND SUPPORT 25,000

MICHIGAN SCIENCE CENTER

5020 JOHN R ST
DETROIT,MI48202 		  PC EDUCATION SERVICES 20,000

MIDNIGHT GOLF PROGRAM

30100 TELEGRAPH RD SUITE 404
BINGHAM FARMS,MI48025 		  PC YOUTH SERVICES 15,000

RACQUET UP DETROIT

18100 MEYERS RD
DETROIT,MI48235 		  PC PHYSICAL EDUCATION SERVICES 20,000

ROSE HILL

5130 ROSE HILL BLVD
HOLLY,MI48442 		  PC MENTAL HEALTH SERVICES 20,000

SAY DETROIT

29836 TELEGRAPH ROAD
SOUTHFIELD,MI48034 		  PC COMMUNITY SERVICES 20,000

SEVEN PONDS NATURE CENTER

3854 CRAWFORD RD
DRYDEN,MI48428 		  PC NATURE CONSERVATION AND PROMOTION 5,000

SOCIETY OF ST VINCENT DEPAUL

3000 GRATIOT AVE
DETROIT,MI48207 		  PC SERVICES FOR THE UNDERPRIVILEGED 10,000

TEA

1401 VERMONT ST
DETROIT,MI48216 		  PC EDUCATION SERVICES 10,000

THE NATURE CONSERVANCY

101 EAST CESAR E CHAVEZ AVENUE
LANSING,MI48906 		  PC NATURE CONSERVATION AND PROMOTION 50,000

TRINITY HEALTH ST JOSEPH MERCY OAKLAND

44405 WOODWARD AVE
PONTIAC,MI48341 		  PC GENERAL FUND 50,000

WDET DETROIT PUBLIC RADIO

4600 CASS AVENUE
DETROIT,MI48201 		  PC COMMUNITY SERVICES 15,000

YMCA OF METROPOLITAN DETROIT

1401 BROADWAY ST 3A
DETROIT,MI48226 		  PC COMMUNITY SERVICES 15,000

BOLDLI EXCEPTIONAL YOUTH SERVICES

8621 W MCNICHOLS RD SUITE 116
DETROIT,MI48221 		  PC YOUTH SERVICES 20,000

CRANBROOK EDUCATIONAL COMMUNITY

39221 WOODWARD AVENUE
BLOOMFIELD HILLS,MI48304 		  PC EDUCATION SERVICES 25,000

HUMBLE DESIGN INC

21420 MELROSE AVENUE
SOUTHFIELD,MI48075 		  PC SERVICES FOR THE UNDERPRIVILEGED 15,500

INLAND SEAS EDUCATION ASSOCIATION

100 DAME ST 218
SUTTONS BAY,MI49682 		  PC NATURE CONSERVATION AND PROMOTION 10,000
Total .................................right arrow 3a 758,500
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 ........... 		         
4 Dividends and interest from securities ....     14 570,374  
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 2,758,973  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aLEGAL REFUND 		    01 5,000  
bOTHER INCOME FROM K-1'S     01 1,429  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 3,335,776 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,335,776
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
RALPH L & WINIFRED E POLK FOUNDATION
EIN:
38-6080075
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 11,760 5,880   5,880

TY 2024 InvestmentsCorpBondsSchedule
Name:
RALPH L & WINIFRED E POLK FOUNDATION
EIN:
38-6080075
Name of Bond End of Year Book Value End of Year Fair Market Value
COMCAST CORP 25,758 18,900
CHARTER COMM OPERATING LLC 24,526 24,463
MORGAN STANLEY BANK N.A. #426 107,709 107,709
CHENIERE ENERGY PARTNERS LP 25,358 24,205
T- MOBILE USA INC 26,875 24,837
UNITED RENTALS NORTH AMERICA INC 22,462 22,396
EQUINIX INC 28,125 23,900
WELLS FARGO & CO FXD TO 032032 VAR THRAFTR 3.35% 20,261 21,044
JPMORGAN CHASE & CO FXD TO 042051 VAR THRAFTR 3.3280% 18,826 17,842
SUNOCO LP 24,050 24,427
CITIGROUP INC FXD TO 032030 VAR THRAFTR 21,904 22,108
SYSCO CORP 27,775 18,274
CENTRAL GARDEN & PET CO 25,250 22,461
BANK OF AMERICA CORP FXD TO 042037 VAR THRAFTR 26,233 22,255
MORGAN STANLEY BANK N.A. #425 17,168 17,168
MSPBNA PREFERRED SAVINGS- QC 2,344,848 2,344,848
QORVO INC 26,781 23,446
FREEPORT-MCMORAN INC 24,516 25,029
MURPHY OIL CORP 24,969 24,041
MORGAN STANLEY BANK N.A. #485 170 170
SERVICE CORP INTERNATIONAL/US 26,938 24,299
DUKE ENERGY CORP 25,611 21,373
ASBURY AUTOMOTIVE GROUP INC 23,719 23,380
ARES CAPITAL CORP 24,133 24,758
QUANTA SERVICES INC 24,996 20,710

TY 2024 InvestmentsCorpStockSchedule
Name:
RALPH L & WINIFRED E POLK FOUNDATION
EIN:
38-6080075
Name of Stock End of Year Book Value End of Year Fair Market Value
MC DONALDS CORP ( MCD) 11,122 13,269
MERCADOLIBRE INC ( MELI) 34,653 45,905
MEITUAN ADR (MPNGY) 6,800 8,085
MCKESSON CORP (MCK) 13,167 13,987
MASTERCARD INC CL A ( MA) 20,138 53,184
MARTIN MARIETTA MATERIALS (MLM) 4,005 6,169
META PLATFORMS INC CL A (META) 15,505 42,069
ABBVIE INC COM (ABBV) 28,932 47,624
MICRON TECH INC ( MU) 4,754 6,962
MICROSOFT CORP ( MSFT) 12,524 97,788
PEPSICO INC NC (PEP) 29,245 25,546
PAYCHEX INC (PAYX) 17,233 18,930
PALO ALTO NETWORKS INC ( PANW) 6,707 16,780
ORANGE ADR (ORANY) 28,308 20,468
ORACLE CORP (ORCL) 12,758 12,572
OPEN TEXT CORP (OTEX) 15,192 14,783
NVIDIA CORPORATION ( NVDA) 15,080 102,060
NU HLDGS LTD ORD SHS CL A (NU) 11,224 12,277
NRG ENERGY INC ( NRG) 7,718 20,300
NOVO NORDISK A/S ADR ( NVO) 45,903 54,365
NOVARTIS AG ADR ( NVS) 16,492 19,267
NORDSON CP ( NDSN) 9,352 14,019
NOMURA RESH INST LTD ADR ( NRILY) 33,275 36,701
NETFLIX INC ( NFLX) 6,519 26,588
NETEASE.COM INC ADS (NTES) 19,077 18,466
NEDBANK GRP LTD SPON ADR ( NDBKY) 10,501 16,482
NATIONAL GRID PLC SPON ADR ( NGG) 38,029 35,890
MORNINGSTAR INC COMMON ( MORN) 10,165 31,952
MORGAN STANLEY ( MS) 23,583 38,345
MOL MAGYAR OLAJ GDR ( MGYOY) 10,003 9,456
MOBILE TELESYSTEMS PUB JT ADR ( MBT) 18,100 0
MITSUBISHI UFJ FINCL GRP ADS ( MUFG) 5,358 14,709
MINTH GROUP LTD (MNTHY) 2,219 2,527
NISSAN MTR CO LTD SPND ADR ( NSANY) 26,844 17,151
MARKEL CORP ( HOLDING CO) ( MKL) 13,234 29,346
M&A RESEARCH INSTITUTE HOLDING (MAARF) 20,156 7,649
MAKITA CORPORATION LTD ADR NEW (MKTAY) 13,375 16,918
KIMBERLY CLARK SPON ADR ( KCDMY) 26,311 24,117
KEYENCE CORP ( KYCCF) 29,317 31,584
KERING S A ADR NEW (PPRUY) 35,443 19,243
KENVUE INC (KVUE) 20,807 21,628
KB FINANCIAL GRP INC SONS ADR ( KB) 12,953 24,695
KASIKORNBANK PUB CO LTD UNSPON ( KPCPY) 7,865 9,815
JPMORGAN CHASE & CO ( JPM) 21,483 40,511
JONES LANG LASALLE INC ( JLL) 7,372 16,720
JOHNSON CTLS INTL PLC (JCI) 19,826 23,284
JOHNSON & JOHNSON (JNJ) 35,354 32,106
JD COM INC SPON ADR CL A ( JD) 18,835 15,810
XCEL ENERGY INC (XEL) 32,270 38,756
JACK HENRY & ASSOC INC ( JKHY) 2,727 9,817
J SAINSBURY PLC SPON ADR NEW ( JSAIY) 16,394 19,833
INTESA SANPAOLO S. P. A. ADR ( ISNPY) 10,231 19,297
INSIGHT ENTERPRISES INC (NSIT) 4,637 3,540
INFOSYS LIMITED ADR ( INFY) 5,390 11,661
KINGFISHER PLC SPONS ADR NEW ( KGFHY) 11,747 16,582
MANHATTAN ASSOC INC ( MANH) 1,160 8,980
KINSALE CAP GROUP INC (KNSL) 6,396 8,230
KKR & CO INC CL A (KKR) 17,224 23,961
MAKEMYTRIP LIMITED (MMYT) 2,488 2,662
PETROLEO BRASILEIRO SA (PBR) 12,450 14,210
LYONDELLBASELL NV CL-A ( LYB) 32,661 27,034
LONZA GROUP AG ZUERICH ADR ( LZAGY) 18,346 34,350
LKQ CORPORATION ( LKQ) 23,849 21,830
LITHIA MTRS INC ( LAD) 10,538 11,751
LIFE HEALTHCARE GRP HLDGS LTD ( LTGHY) 14,770 12,742
LENOVO GROUP LTD SPONS ADR ( LNVGY) 19,238 25,382
LENNOX INTL INC ( LII) 6,662 24,894
LEAR CORP ( LEA) 9,623 6,854
LANDSTAR SYSTEM INC ( LSTR) 7,898 17,702
KUBOTA CP ADR (KUBTY) 20,358 17,201
KT CORP SPON ADR ( KT) 11,980 12,913
KONINKLIJKE PHIL EL SP ADR NEW ( PHG) 11,302 19,269
KIRBY CP ( KEX) 6,839 12,590
PETROLEO BRASILEIRO SA ADR ( PBR'A) 10,779 22,993
PKO BANK POL SKI UNSPON ADR (PSZKY) 2,361 2,387
PHILIP MORRIS INTL INC ( PM) 23,009 34,661
UBER TECHNOLOGIES INC ( UBER) 13,453 21,474
U S BANCORP COM NEW ( USB) 56,704 58,974
TYLER TECHNOLOGIES INC (TYL) 9,424 15,122
TRUIST FINL CORP ( TFC) 32,933 28,154
TRIP COM GROUP LTD ADR (TCOM) 3,147 4,207
TRIMBLE INC ( TRMB) 15,715 23,318
TRANSUNION (TRU) 9,711 18,078
TOTALENERGIES SE SPONSORED ADS (TTE) 51,192 56,626
T-MOBILE US INC COM (TMUS) 12,845 22,514
TINGYI CAYMAN ISLANDS HLDGS CO ( TYCMY) 18,144 13,758
UBS GROUP AG SHS ( UBS) 12,519 30,563
THE CIGNA GROUP (CI) 17,881 18,917
TESCO PLC ADR (TSCDY) 10,144 18,529
TERNIUM S.A. ADR ( TX) 11,610 7,793
TENCENT HLDGS LTD UNSPON ADR ( TCEHY) 77,931 101,255
TELEFONICA BRASIL SA ADR ( VIV) 16,118 14,035
TELEFLEX INC ( TFX) 23,183 16,552
TECK RESOURCES LTD ( TECK) 11,808 15,807
TD SYNNEX CORPORATION( SNX) 5,265 10,301
TC ENERGY CORP ( TRP) 28,147 31,873
TAKEDA PHARMACEUTCL CO LTD ADR ( TAK) 50,162 37,774
TESLA INC ( TSLA) 12,197 21,221
TAIWAN SMCNDCTR MFG CO LTD ADR ( TSM) 63,441 214,672
ULTA BEAUTY INC ( ULTA) 6,265 10,950
UNITED PARCEL SER INC CL-B ( UPS) 22,339 15,258
WPP PLC SPON NEW ADR ( WPP) 35,531 28,116
WOLTERS KLUWER NV SPON ADR ( WTKWY) 12,870 21,260
WILLIAMS CO INC ( WMB) 6,910 15,370
WEX INC COM ( WEX) 18,441 24,545
WESCO INTL INC (WCC) 9,677 11,005
WEG S.A. SPONSORED ADR (WEGZY) 6,091 6,372
UNILEVER PLC ( NEW) ADS ( UL) 15,612 19,675
WEC ENERGY GROUP INC COM (WEC) 13,024 14,294
WAL-MART DE MEXICO SA SPON ADR (WMMVY) 24,499 21,355
VODACOM GROUP LIMITED ( VDMCY) 15,523 10,099
VIBRA ENERGIA SA ADR ( PETRY) 10,441 8,000
VERTIV HOLDINGS LLC CL A (VRT) 7,074 9,254
VERTEX PHARMACEUTICALS ( VRTX) 2,133 2,840
VERIZON COMMUNICATIONS ( VZ) 52,665 48,348
VALE S.A (VALE) 17,620 12,631
UNITEDHEALTH GP INC ( UNH) 2,622 12,766
UNITED RENTALS INC ( URI) 6,894 38,007
WALMART INC ( WMT) 18,076 32,797
PFIZER INC ( PFE) 28,927 25,628
SWATCH GROUP AG ADR THE UNSPON ( SWGAY) 35,830 28,301
SUNCOR ENERGY INC ( SU) 10,728 22,407
RTX CORPORATION (RTX) 18,055 21,292
ROLLS ROYCE HOLDINGS PLC ( RYCEY) 2,166 19,042
RECKITT BENCKISER PLC SPNS ADR (RBGLY) 21,059 23,098
REALTY INCOME CORP (0) 29,801 27,987
R P M INC ( RPM) 9,436 22,274
PUBLICIS GROUPE SA ADR (PUBGY) 5,422 20,611
PT UNITED TRACTORS ADR ( PUTKY) 12,344 9,981
PT TELEKOMUNIKASI INDONESIA ( TLK) 16,374 13,522
PT BK NEGARA INDONESIA UN ADR (PTBRY) 2,925 2,568
SALESFORCE INC (CRM) 15,871 15,719
PT BK MANDIRI PERSERO TBK UNSP ( PPERY) 6,374 14,733
PROSPERITY BANCSHARES ( PB) 5,600 6,406
PROLOGIS INC COM (PLD) 32,211 28,539
PRIMERICA INC (PRI) 6,939 11,463
PPL CORPORATION ( PPL) 14,076 17,301
POOL CORP ( POOL) 7,268 10,228
PNC FINL SVCS GP ( PNC) 28,375 34,713
INFINEON TECHNOLOGIES AG (IFNNY) 19,829 19,964
PJSC LUKOIL SPONSORED ADR ( LUKOY) 6,275 0
PJSC GAZPROM SPON ADR ( OGZPY) 8,198 0
PING AN INSURANCE ADR ( PNGAY) 30,791 21,258
PT ASTRA INTERNATIONAL TBK ADR ( PTAIY) 15,157 11,386
SURGUTNEFTEGAS PJSC SP ADR PRF (SGTPY) 21,383 0
SANLAM LTD ADR ( SLLDY) 11,563 16,197
SAP AG ( SAP) 7,066 20,322
SUMITOMO MITSUI TR GRP INC ADR (SUTNY) 18,045 24,491
STMICROELECTRONICS NV (STM) 20,877 18,927
STANDARD BANK GROUP LTD SPON ( SGBLY) 11,742 15,254
SOUTHERN CO ( SO) 10,873 21,074
SOCIEDAD QUIMICA Y MINERA ADS (SQM) 11,937 6,472
SMITH & NEPHEW PLC ADR (SNN) 21,529 22,319
SINOPHARM GROUP CO LTD ADR ( SHTDY) 14,476 16,918
SIMPSON MANUFACTURING CO INC (SSD) 9,617 9,743
SANOFI ADR ( SNY) 61,014 66,027
SHINHAN FINANCIAL GROUP CO LTD ( SHG) 29,082 28,375
SHELL PLC ADR ( SHEL) 10,769 13,407
SERVICENOW INC (NOW) 10,057 19,916
SERVICE CORP INTL ( SCI) 5,387 9,818
SEI INVESTMENTS CO ( SEIC) 6,776 18,888
SEA LIMITED ADR (SE) 20,261 30,981
SCHLUMBERGER LTD (SLB) 9,718 8,473
SCHIBSTED ADR (SBSNY) 26,061 26,685
SBERBANK RUSSIA ( AKSJF) 3,947 0
SHOPIFY INC (SHOP) 17,269 29,985
JB HUNT TRANS SERV ( JBHT) 6,025 13,850
ICON PLC ( ICLR) 31,281 27,262
BRUNELLO CUCINELLI S P A ADR (BCUCY) 16,886 21,228
BROWN & BROWN INC (BRO) 10,567 25,199
BROADRIDGE FIN SOLU.LLC (BR) 2,423 10,955
BROADCOM INC (AVGO) 5,150 44,745
BRISTOL MYERS SQUIBB CO (BMY) 40,625 46,832
BRIDGESTONE CP ADR (BRDCY) 19,880 18,161
BOSTON SCIENTIFIC CORP (BSX) 2,154 10,718
BOOZ ALLEN HAMILTON HLDG CL-A (BAH) 13,906 25,097
BURLINGTON STORES INC (BURL) 15,464 24,281
BNP PARIBAS SP ADR REPSTG (BNPQY) 13,524 24,406
BLACKBAUD INC (BLKB) 6,395 13,453
BK MONTREAL (BMO) 25,062 26,301
BIO-TECHNE CORP (TECH) 2,998 8,644
BIDVEST GROUP LTD SPONS ADR (BDVSY) 8,475 11,598
BIC SA UNSPON ADR (BICEY) 15,747 16,615
BERRY GLOBAL GROUP INC (BERY) 4,281 9,054
BERKLEY W R CORP (WRB) 12,723 43,071
BEIERSDORF AG UNSPONS ADR (BDRFY) 30,767 32,280
BE SEMICONDUCTOR IND NV (BESIY) 12,271 20,823
BYD COMPANY LTD UNSPON ADR (BYDDY) 3,210 3,133
CAE INC (CAE) 21,662 27,969
COMPAGNIE FIN RICHEMONTAG ADR ( CFRUY) 13,554 19,417
COLUMBIA SPORTSWEAR CO ( COLM) 11,584 15,695
COLUMBIA BANKING SYSTEMS INC (COLB) 3,450 4,133
COCA COLA CO ( KO) 45,081 45,263
CHOICE HOTELS INTL INC NEW ( CHH) 11,005 20,587
IDEX CORPORATION DELAWARE ( IEX) 7,846 17,673
CHINA RES BEER HLDG CO LTD ADR (CRHKY) 19,541 18,580
CACI INTERNATIONAL INC CL A (CACI) 15,969 27,072
CHINA MERCHANTS BK CO LTD UNSP ( CIHKY) 26,371 28,940
CHEVRON CORP (CVX) 44,478 41,424
CHARLES SCHWAB NEW (SCHW) 15,728 18,947
CENTENE CORPORATION ( CNC) 15,263 15,327
CEMEX SAB DE CV ( CX) 32,919 35,712
CDN IMPL BK COMMERCE ( CM) 8,251 12,899
CASEY'S GENERAL STORES INC (CASY) 11,718 23,119
CARREFOUR SA SPONSORED ADR ( CRRFY) 25,250 22,527
CARLISLE CO INC (CSL) 8,182 40,204
CAPITEC BANK HOLDINGS LTD ADR (CKHGY) 2,733 5,597
CHINA CONSTRUCTION BANK CORP ( CICHY) 25,686 29,581
BBB FOODS INC CLASS A (TBBB) 6,060 8,229
BB SEGURIDADE PARTICIPACOES (BBSEY) 17,835 17,580
AMERICAN EXPRESS CO (AXP) 17,516 29,976
AMERICAN ELEC PWR CO INC (AEP) 24,448 25,917
AMERICA MOVIL SAB DE CV ADR (AMX) 33,939 30,981
AMCOR PLC (AMCR) 16,903 13,428
AMBEV S A SPONSORED ADR (ABEV) 25,107 19,588
AMAZON COM INC (AMZN) 12,198 78,542
ALPHABET INC CL A (GOOGL) 14,673 75,531
ALLSTATE CORP (ALL) 24,612 27,955
ALIBABA GROUP HLDG LTD (BABA) 59,432 60,201
ALEXANDRIA REAL ESTATE EQ INC (ARE) 27,338 22,437
ALCON INC (ALC) 30,804 26,995
AIR LIQUIDE ADR (AIQUY) 35,282 37,795
AIR LEASE CORP CL A (AL) 3,989 6,990
AIA GROUP LTD SPON ADR (AAGIY) 7,214 5,073
AFFILIATED MGRS GROUP INC (AMG) 8,697 23,300
AERCAP HOLDINGS N.V. (AER) 10,136 24,021
ADVANCED MICRO DEVICES (AMD) 17,263 19,206
ADVANCED DRAIN SYS INC (WMS) 4,888 5,433
ADOBE INC (ADBE) 10,922 9,938
ADIENT PLC COM (ADNT) 2,791 2,171
AIR PROD & CHEM INC (APD) 7,356 6,683
AMERIPRISE FINCL INC (AMP) 4,954 23,438
AMGEN INC (AMGN) 23,729 26,846
BARCLAYS PLC ADR (BCS) 5,868 17,118
BANK RAKYAT INDONESIA ADR (BKRKY) 5,853 4,474
BANCO DO BRASIL SA SPON ADR (BDORY) 9,953 15,351
BALL CORP (BALL) 3,898 4,476
B& M EUROPEAN VALUE RET SA ADR ( BMRRY) 10,988 12,360
AVERY DENNISON CORPORATION (AVY) 14,712 14,620
AT& T INC (T) 22,277 25,889
ASTRAZENECA PLC ADR (AZN) 23,059 44,685
ASTELLAS PHARMA INCADR (ALPMY) 27,246 20,973
ASSURANT INC (AIZ) 7,475 13,876
ASMPT LIMITED UNSPONSORD ADR (ASMVY) 10,027 9,633
ASML HOLDING NV NY REG NEW (ASML) 26,051 50,580
ASE TECHNOLOGY HLDG CO LTD ADR (ASX) 17,985 23,745
ARROW ELECTRONICS (ARW) 4,280 7,176
ARAMARK HOLDINGS CORPORATION (ARMK) 9,086 19,364
APTARGROUP INC (ATR) 9,199 24,665
APPLE INC (AAPL) 10,280 100,669
ANHUI CONCH CEMENT ADR (AHCHY) 19,283 10,224
CONCENTRIX CORP ( CNXC) 8,633 3,414
CONOCOPHILLIPS ( COP) 5,714 12,694
CHIPOTLE MEXICAN GRILL INC COM (CMG) 13,419 14,834
CONSTELLATION ENERGY CORP (CEG) 13,639 15,811
GLOBAL PAYMENT INC ( GPN) 25,493 21,516
GILEAD SCIENCE ( GILD) 34,100 46,277
GEN DIGITAL INC ( GEN) 15,500 18,345
FTI CONSULTING INC ( FCN) 9,405 10,321
FREEE K K COM STK (FREKF) 10,106 9,218
FLUTTER ENTERTAINMENT PLC (FLUT) 21,504 27,654
FLEXTRONICS INTL LTD ( FLEX) 3,253 16,047
FIRST PAC LTD SP ADR ( FPAFY) 9,059 14,977
FIDELITY NATL INFORMATION SE (FIS) 17,582 25,685
FERRARI N V ( RACE) 15,927 31,897
FACTSET RESEARCH SYSTEMS INC ( FDS) 2,192 10,566
F5 INC (FFIV) 10,252 17,943
EXXON MOBIL CORP ( XOM) 26,092 35,713
ERSTE GROUP BANK AG SPONS ADR ( EBKDY) 11,292 24,649
EPAM SYSTEMS (EPAM) 2,147 2,029
EON SE (EONGY) 37,333 29,564
ENVISTA HLDGS CORP ( NVST) 12,495 12,037
ENTERGY CORP NEW (ETR) 15,438 22,291
ENI SPA AMER DEP RCPT ( E) 9,296 15,759
ENGIE SPONS ADR ( ENGIY) 13,328 16,266
GLOBANT S.A ( GLOB) 25,385 27,875
GODADDY INC. ( GDDY) 11,358 32,171
GOLDMAN SACHS GRP INC (GS) 25,153 37,641
GRACO INC ( GGG) 2,775 10,115
ICICI BANK LTD (IBN) 9,034 11,735
HUNTINGTON BANCSHARES ( HBAN) 22,085 28,424
HOYA CORP SPONS ADR (HOCPY) 25,656 28,873
HONG KONG EXCHANGES & CLEARING (HKXCY) 45,855 45,921
HONDA MOTOR COMPANY LTD ADR ( HMC) 17,764 18,243
HOME DEPOT INC ( HD) 15,839 18,483
HIMAX TECHNOLOGIES, INC. ( HIMX) 17,446 11,079
HENRY SCHEIN INC ( HSIC) 9,726 9,065
ENGIE BRASIL ENERGIA SAADR ( EGIEY) 8,372 5,936
HENKEL AG & CO KGAA ( HENKY) 32,665 31,490
HEMNET GROUP AB ADR ( HMNTY) 9,544 16,634
HEINEKEN HOLDING NV-SPN ADR (HKHHY) 39,208 30,851
HEIDELBERG MATERIALS S AG ADR (HDLMY) 5,465 18,036
HDFC BANK LTD ADR ( HDB) 12,850 14,241
HCA HEALTHCARE INC ( HCA) 6,489 19,759
GSK PLC ADR (GSK) 34,193 31,250
GRUPO FINANCIERO BANORTE SAB ( GBOOY) 14,739 14,867
GRIFOLS SA ADR ( GRFS) 42,306 23,793
GREEK ORGANISATION OF FOOTBALL ( GOFPY) 6,996 8,527
HENGAN INTL GROUP CO LTD ADR ( HEGIY) 25,061 10,375
ENEL CHILE SA SPD ADR ( ENIC) 10,698 12,113
EXPEDIA GROUP INC (EXPE) 13,888 24,037
ENBRIDGE INC ( ENB) 35,980 42,557
DOLBY CLA A COM STK ( DLB) 19,965 18,354
DISCO CORP ADR (DSCSY) 15,973 22,948
DIAGEO PLC SPON ADR NEW ( DEO) 24,439 24,028
DEUTSCHE POST AG ADR (DHLGY) 23,861 19,634
DEUTSCHE BOERSE AG UNSPON ADR ( DBOEY) 24,327 29,661
DATADOG INC CL A (DDOG) 6,910 8,697
CSL LTD ( CSLLY) 14,317 17,870
CROWDSTRIKE HLDGS INC CL A (CRWD) 13,603 15,005
COSTCO WHOLESALE CORP NEW (COST) 7,688 20,605
COSAN S A ADR (CSAN) 3,048 1,393
CORPAY INC (CPAY) 19,340 22,827
DANONE SPONSORED ADR ( DANOY) 19,260 20,553
DUKE ENERGY CORPORATION ( DUK) 16,192 28,228
DIPLOMA PLC ADR (DPMAY) 18,455 23,207
DUPONT DE NEMOURS INC (DD) 7,157 6,520
EBAY INC ( EBAY) 18,639 24,037
EATON CORP PLC SHS (ETN) 7,276 11,479
ELI LILLY & CO ( LLY) 3,483 29,393
EMBRAER S A ADR ( ERJ) 5,353 29,564

TY 2024 InvestmentsGovtObligationsSch
Name:
RALPH L & WINIFRED E POLK FOUNDATION
EIN:
38-6080075
US Government Securities - End of Year Book Value:

836,261
US Government Securities - End of Year Fair Market Value:

769,062
State & Local Government Securities - End of Year Book Value:


58,113
State & Local Government Securities - End of Year Fair Market Value:


57,561


TY 2024 InvestmentsOtherSchedule2
Name:
RALPH L & WINIFRED E POLK FOUNDATION
EIN:
38-6080075
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ACL ALT LTD USD A AT COST 641,858 630,683
IRONWOOD INSTIT MS LLC AT COST 1,431,070 1,607,149
ACAP STRATEGIC FUND-W (XCWPX) AT COST 589,487 804,372
SPDR BLOOMBERG 1-3 MONTH T-B (BIL) AT COST 40,919 40,778
ICAP ACCESS IIF LTD AT COST 419,397 400,000
OAKTREE STRATEGIC CF - I AT COST 193,876 194,239
LM MARTIN CURRIE SMASH SER EM (LCSMX) AT COST 122,988 116,772
EATON VANCE STRATEGIC INC I (ESIIX) AT COST 280,936 262,012
PLATFORM NEIGHBORHOOD FUND I LP AT COST 546,417 80,000
MORGAN STANLEY BANK N. A. #479 AT COST 13 13
VANGUARD INTERMEDIATE TERM COR ( VCIT) AT COST 263,254 269,547
TCW EMERG MKTS INCOME I (TGEIX) AT COST 919,755 801,132
MORGAN STANLEY BANK N. A. #008 AT COST 1,119 1,119
BLACKSTONE BCRED AT COST 194,207 195,773
HATTERAS CORE ALT TEI FD AT COST 84,791 43
LORD ABBETT BOND DEB I ( LBNYX) AT COST 533,447 492,608
KOPERNIK GLB ALL CAP INSTL (KGGIX) AT COST 772,086 780,341

TY 2024 OtherDecreasesSchedule
Name:
RALPH L & WINIFRED E POLK FOUNDATION
EIN:
38-6080075
Description Amount
UNREALIZED GAIN/(LOSS) 94,473


TY 2024 OtherExpensesSchedule
Name:
RALPH L & WINIFRED E POLK FOUNDATION
EIN:
38-6080075
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES & SUBSCRIPTIONS 1,208 0   1,208
LICENSE AND FEES 20 0   20
MISCELLANEOUS EXPENSE 12,738 0   12,738
INVESTMENT MANAGEMENT FEES 97,811 97,811   0


TY 2024 OtherIncomeSchedule2
Name:
RALPH L & WINIFRED E POLK FOUNDATION
EIN:
38-6080075
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
LEGAL REFUND 5,000   5,000
OTHER INCOME FROM K-1'S 1,429 1,429 1,429


TY 2024 TaxesSchedule
Name:
RALPH L & WINIFRED E POLK FOUNDATION
EIN:
38-6080075
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 21,588 21,588   0
INCOME TAX EXPENSE 20,000 0   0