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
SONO AND VICTOR ELMALEH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 239
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAG HARBOR, NY11963
A Employer identification number

35-2354358
B Telephone number (see instructions)

(212) 832-0400
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$7,064,575J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 4,464,037
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 187,337 187,337  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,062,936
b Gross sales price for all assets on line 6a 5,300,632
7 Capital gain net income (from Part IV, line 2)... 2,062,936
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
21,788 21,788  
12 Total. Add lines 1 through 11........ 6,736,098 2,272,061  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
379 0   379
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
22,088 22,088   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
108 108   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,967 637   2,330
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 25,542 22,833   2,709
25 Contributions, gifts, grants paid....... 160,000 160,000
26 Total expenses and disbursements. Add lines 24 and 25 185,542 22,833   162,709
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,550,556
b Net investment income (if negative, enter -0-) 2,249,228
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............. 485,009 934,516 934,516
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow18,913
Less: allowance for doubtful accounts right arrow     18,913 18,913
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 808,960 Click to see attachment
List of Attached Documents:
// Content
3,129,001 		3,305,929
c Investments—corporate bonds (attach schedule)....... 966,013 Click to see attachment
List of Attached Documents:
// Content
2,421,504 		2,423,568
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)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
129,931 		Click to see attachment
List of Attached Documents:
// Content
381,649 		Click to see attachment
List of Attached Documents:
// Content
381,649
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,389,913 6,885,583 7,064,575
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,389,913 6,885,583
29 Total net assets or fund balances (see instructions)..... 2,389,913 6,885,583
30 Total liabilities and net assets/fund balances (see instructions). 2,389,913 6,885,583
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,389,913
2
Enter amount from Part I, line 27a .....................
2
6,550,556
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
8,940,469
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,054,886
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,885,583
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     2024-12-31
b PARTNERSHIP INVESTMENTS D    
c DISPOSITION OF PEAK PARTNERS LP D   2024-06-14
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 617,735   588,014 29,721
b 518,860     518,860
c 4,164,037   2,649,682 1,514,355
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       29,721
b       518,860
c       1,514,355
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,062,936
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 31,264
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 31,264
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 31,264
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 1,873
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,873
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 25,391
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
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 arrowCITRIN COOPERMAN ADVISORS Telephone no.right arrow (212) 832-0400

Located atright arrow100 JERICHO QUADRANGLEJERICHONY ZIP+4right arrow11753
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
NIKO ELMALEH PRESIDENT
0.10 		0 0 0
PO BOX 239
SAG HARBOR,NY11963
MARK BOSSWICK DIRECTOR AND TREASURER
0.10 		0 0 0
C/O CITRIN COOPERMAN 100 JERICHO
QUADRANGLE SUITE 342
JERICHO,NY11753
JOEL I PAPERNIK DIRECTOR
0.10 		0 0 0
666 THIRD AVENUE
NEW YORK,NY10017
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
2,534,972
b
Average of monthly cash balances.......................
1b
2,289,596
c
Fair market value of all other assets (see instructions)................
1c
2,270,305
d
Total (add lines 1a, b, and c).........................
1d
7,094,873
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
7,094,873
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
106,423
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,988,450
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
349,423
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
349,423
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
31,264
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
31,264
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
318,159
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
318,159
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
318,159
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
162,709
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
162,709
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 7 318,159
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021...... 73,457
d From 2022...... 188,304
e From 2023...... 15,761
f Total of lines 3a through e ........ 277,522
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 162,709
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..... 162,709
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 155,450 155,450
(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 5 122,072
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		122,072
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 106,311
d Excess from 2023.... 15,761
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
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

CONCERT ARTISTS GUILD

850 SEVENTH AVENUE SUITE 1205
NEW YORK,NY10019 		N/A PC GENERAL SUPPORT 15,000

ENTERTAINMENT COMMUNITY FUND

729 7TH AVE 10TH FLOOR
NEW YORK,NY10019 		N/A PC GENERAL SUPPORT 25,000

NEW YORK EDGE

58-12 QUEENS BLVD STE 1
WOODSIDE,NY11377 		N/A PC GENERAL SUPPORT 100,000

ROBIN HOOD FOUNDATION

826 BROADWAY 9TH FLOOR
NEW YORK,NY10003 		N/A PC GENERAL SUPPORT 10,000

AMERICAN FRIENDS OF ELEM

121 W 36TH ST SUITE 329
NEW YORK,NY10018 		N/A PC GENERAL SUPPORT 5,000

CHINA INSTITUTE IN AMERICA

100 WASHINGTON ST
NEW YORK,NY10006 		N/A PC GENERAL SUPPORT 5,000
Total .................................right arrow 3a 160,000
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 ....     14 187,337  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 21,788  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,062,936  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,272,061 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,272,061
(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
SONO AND VICTOR ELMALEH FOUNDATION
 
Employer identification number

35-2354358
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
SONO AND VICTOR ELMALEH FOUNDATION
  		Employer identification number
35-2354358
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
ARTICLE 7TH TR FBO SONO ELMALEH UW VICTOR ELMALEH
 
C/O CITRIN 100 JERICHO QUADRANGLE
 
JERICHO, NY11753

$ 4,464,037


(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
SONO AND VICTOR ELMALEH FOUNDATION
  		Employer identification number

35-2354358
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
1
 PARTNERSHIP INVESTMENT IN PEAK PARTNERS LP $ 4,164,037 2024-05-31
(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
SONO AND VICTOR ELMALEH FOUNDATION
  		Employer identification number

35-2354358
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 InvestmentsCorpBondsSchedule
Name:
SONO AND VICTOR ELMALEH FOUNDATION
EIN:
35-2354358
Name of Bond End of Year Book Value End of Year Fair Market Value
AT&T INC FXD RT SR NT 4.300% 02/15/30 B/E DTD 08/15/18 30/360 6,639 6,783
AT&T INC GLOBAL NT 1.700% 03/25/26 B/E DTD 03/23/21 30/360 22,504 24,098
ABBVIE INC SR INT ACCD INV 2.950% 11/21/26 B/E DTD 05/21/20 73,018 72,855
ACE INA HLDGS INC GTD SR NT 3.350% 05/03/26 B/E DTD 11/03/15 30,788 31,501
AIR PRODS & CHEMS INC NT 2.050% 05/15/30 B/E DTD 04/30/20 74,898 73,790
AMAZON COM INC NT 3.300% 04/13/27 B/E DTD 04/13/22 30/360 39,300 40,021
ANHEUSER-BUSCH INBEV WORLDWIDE INC GTD NT 4.900% 7,695 6,995
BAKER HUGHES HLDGS LLC/BAKER HUGHES CO-OBLIGOR INC SR 76,343 76,195
BANK AMER CORP FXD TO FLTG MEDIUM TERM SR NT SER M 34,402 35,882
BANK AMER CORP FXD TO FLTG RT NT SER N 4.271% 07/23/29 B/E 32,856 33,130
BANK NOVA SCOTIA BC SR SUSTAINABILTY MEDIUM TERM NTS 30,893 31,872
BLACKROCK INC NT 1.900% 01/28/31 B/E DTD 05/06/20 30/360 32,745 32,026
BRISTOL MYERS SQUIBB CO 4.900% 020/22/29 B/E DTD 02/22/24 76,142 75,331
BROADCOM CORP / BROADCOM CAYMAN FIN LTD GTD FXD RT SR NT 3.875% 01/15/27 B/E 30,622 31,503
PARAMOUNT GLOBAL SR GLBL NT 2.900% 01/15/27 REG DTD 9,199 9,568
CVS HEALTH CORP FXD RT SR NT 3.875% 07/20/25 B/E DTD 29,420 29,808
CAPITAL ONE FINL CORP SR NT FIXED/FLTG 6.051% 02/01/35 B/E DTD 02/01/24 36,656 35,571
CATERPILLAR FINL SVCS CORP MEDIM TERM NTS SE R K 24 4.600% 11/15/27 B/E DTD 75,360 75,036
CINTAS CORP NO 2 GTD FXD RT SR NT 3.700% 04/01/27 B/E DTD 03/14/17 73,771 73,508
CITIGROUP INC FXD TO FLTG SR NT 3.668% 07/24/28 B/E DTD 32,013 32,933
COMCAST CORP GTD FXD RT R NOTE 4.250% 10/15/30 B/E DTD 31,114 31,817
COMMONWEALTH EDISON CO FXD RT 1ST MTG BD SER 125 3.700% 08/15/28 B/E DTD 08/ 68,188 67,552
DEERE JOHN CAP CORP MEDIUM TERM NTS 2.350% 03/08/27 B/E DTD 03/07/22 71,825 71,564
DUKE ENERGY CAROLINAS LLC 1ST REF MTG BD 2.450% 08/15/29 B/E DTD 08/14/19 68,425 67,467
ENTERGY ARK INC FXD RT 1ST MTG BD 4.000% 06/01/28 B/E DTD 05/11/18 73,788 73,154
EXXON MOBIL CORP NT 2.610% 10/15/30 B/E DTD 04/15/20 76,798 75,741
FACEBOOK INC 4.300% 08/15/29 B/E DTD 08/09/24 74,707 74,078
GENERAL DYNAMICS CORP GTD FXD RT NT 3.750% 05/15/28 B/E DTD 05/11/18 73,334 72,812
GOLDMAN SACHS GROUP INC SR GLOBAL NT FXD FLTG RATE 1.992% 01/27/32 32,189 33,032
GOLDMAN SACHS GROUP INC SR NT 3.750% 02/25/26 B/E DTD 02/25/16 8,056 7,912
HOME DEPOT INC NT 1.375% 03/15/31 B/E DTD 01/07/21 69,993 68,853
HUMANA INC SR NT 4.500% 04/01/25 B/E DTD 03/26/20 30/360 9,012 8,987
JPMORGAN CHASE & CO FXD RT SUB NT 3.625% 12/01/27 B/E DTD 33,432 34,004
JPMORGAN CHASE & CO FXD TO FLTG RT SR NOTE 4.005% 34,681 35,880
KENVUE INC SR NT 5.000% 03/22/30 B/E DTD 09/22/23 77,710 75,618
KINDER MORGAN INC DEL FXD RT SR NT 4.300% 03/01/28 B/E DTD 39,140 39,252
KROGER CO FXD RT SR NT 2.650% 10/15/26 B/E DTD 10/03/16 6,544 6,749
MARSH & MCLENNAN COS INC SR NT 4.375% 03/15/29 B/E DTD 37,000 36,350
MORGAN STANLEY FXD RT SR NT SER I 3.625% 01/20/27 B/E DTD 29,811 30,439
MORGAN STANLEY SR NT R XED/FLTG SER 1 6.342% 10/18/33 B/E DTD 10/18/22 31,180 31,744
NATIONAL RURAL UTILS COOP RN CORP MEDIUM TERM NTS 4.120% 09/16/27 B/E DTD 09 74,307 73,982
PACCAR FINL CORP MEDIUM TERM SR NTS 4.500% 11/25/26 B/E DTD 11/25/24 75,309 75,032
PUBLIC SVC ELEC GAS CO SECD MEDIUM TERM NTS FXD RT NOTE SER M 3.650% 72,665 72,136
REALTY INCOME CORP FXD RT SR NT 4.125% 10/15/26 B/E DTD 40,387 40,608
SCHWAB CHARLES CORP NEW SR NT 2.900% 03/03/32 B/E DTD 32,160 32,709
SHELL INTL FIN B V GTD NT ISIN#US822582BT82 2.875% 05/10/26 9,655 9,777
SIMON PPTY GROUP L P GTD FXD RT SR NT 3.300% 01/15/26 B/E 9,902 9,872
TORONTO DOMINION BK SR MEDIUM TERM NTS 1.200% 06/03/26 29,310 31,441
TOYOTA MTR CR CORP MEDIUM TERM NTS FXD RT NTS SER B 39,961 40,882
UNITED TECHNOLOGIES CORP FXD RT SR NT 4.125% 11/16/28 B/E 40,819 40,876
UNITEDHEALTH GROUP INC NT 2.875% 08/15/29 B/E DTD 07/25/19 35,231 34,929
VERIZON COMMUNICATIONS INC FXD RT SR NT 4.125% 03/16/27 B/E 31,448 31,636
WASTE MGMT INC DEL SR NT 2.000% 06/01/29 B/E DTD 05/12/21 76,556 75,511
WELLS FARGO & CO NEW FXD RT NTS 3.000% 04/22/26 B/E DTD 39,514 41,073
WELLS FARGO & CO MEDIUM TERM SR NTS 4.478% 04/04/31 B/E 36,309 35,827
WESTPAC BKG CORP SR NT ISIN#US961214CX95 2.850% 05/13/26 5,780 5,866

TY 2024 InvestmentsCorpStockSchedule
Name:
SONO AND VICTOR ELMALEH FOUNDATION
EIN:
35-2354358
Name of Stock End of Year Book Value End of Year Fair Market Value
LINDE PLC 7,994 8,373
CORTEVA INC COM 6,604 6,380
FULLER H B CO COM 9,494 8,840
SCOTTS MIRACLE-GRO CO COM 10,368 5,971
SHERWIN WILLIAMS CO COM 18,083 19,036
FERRARI N V SHS ISIN#NL0011585146 5,078 6,405
ADVANCED DRAIN STS INC DEL COM 10,002 8,323
AMAZON COM INC 15,148 19,745
ARMSTRONG WORLD INDS INC NEW COM 12,310 13,568
CHEESECAKE FACTORY INC COM 12,729 11,623
CHOICE HOTELS INTL INC COM 7,765 8,235
D R HORTON INC COM 16,875 17,757
DOMINOS PIZZA INC COM 21,588 19,729
HOME DEPOT INC COM 14,904 15,949
LOWES COS INC COM 18,935 19,497
OLLIES BARGAIN OUTLET HLDGS INC COM 9,120 11,412
POOL CORP COM 9,619 9,887
PUIG BRANDS S A ADS REPSTG SHS CL B 2,211 1,466
SIMPSON MFG INC COM 9,663 9,784
STARBUCKS CORP COM 8,543 7,574
TJX COS INC NEW COM 20,449 21,263
THOR INDS INC 9,339 7,657
CHEVRON CORP NEW COM 12,202 12,601
PHILLIPS 66 COM 10,591 10,823
AMERIPRISE FINL INC COM 15,610 19,167
BANK HAWAII CORP COM 11,079 9,546
BLACKROCK INC COM 15,098 16,402
DISCOVER FINL SVCS COM INC 14,236 16,284
FIRST FINL BANKSHARES INC COM 11,390 10,238
GALLAGHER ARTHUR J & CO 21,786 24,695
HOULIHAN LOKEY INC CL A 18,247 21,187
ICICI BK LTD ADR ISIN#US45104G1040 8,234 9,257
JPMORGAN CHASE & CO COM 16,846 19,417
LPL FINL HLDGS INC COM 6,815 8,163
LAKELAND FINL CORP COM 3,621 3,300
MOELIS & CO CL A 10,100 11,969
PRIMERICA INC COM 11,695 13,571
RLI CORP COM 8,807 9,725
REINSURANCE GROUP AMER INC COM NEW 7,899 7,477
RYAN SPECIALTY HLDGS INC CL A COM 16,270 18,927
3I GROUP PLC ADR 14,375 15,978
US BANCORP DEL COM 12,576 11,575
ABBOTT LABS COM 11,521 11,198
ABBVIE INC COM 33,828 39,805
AMGEN INC COM 11,618 10,947
ASTRAZENECA PLC SPONSORED ADR 8,243 8,387
AZENTA INC COM 8,673 7,850
ILLUMINA INC COM 8,575 8,552
INTUITIVE SURGICAL INC COM NEW 8,906 9,917
LEMAITRE VASCULAR INC COM 10,176 9,490
LILLY ELI & CO COM 17,536 21,616
MCKESSON CORP COM 9,266 9,688
MERCK & CO INC NEW COM 6,877 7,759
NOVO NORDISK A.S. ADR FORMERLY NOVO INDUSTRIE A.S. ADR 10,767 10,408
PRESTIGE CONSUMER HEALTHCARE INC COM 6,345 5,857
UNITEDHEALTH GROUP INC COM 26,782 26,811
VERTEX PHARMACEUTICALS INC COM 6,523 5,638
WEST PHARMACEUTICAL SVCS INC COM 11,965 13,430
ZOETIS INC COM 19,761 19,063
AAON INC COM PAR $0 004 10,274 10,591
ALBANY INTL CORP NEW CL A 3,896 3,679
BADGER METER INC COM 960 2,121
CSW INDUSTRIALS INC COM 6,387 6,703
CANADIAN PACIFIC KANSAS CITY 7,512 7,238
CARRIER GLOBAL CORP COM 16,763 18,976
CONSTRUCTION PARTNERS INC CL A 13,457 19,107
EVERTEC INC COM 10,271 9,565
FACTSET RESH SYS INC COM 9,793 11,046
GENERAL ELEC CO COM NEW 13,791 14,844
HEICO CORP NEW CL A 15,176 15,631
HILLMAN SOLUTIONS CORP COM 11,768 11,269
JOHN BEAN TECHNOLOGIES CORP COM 10,792 11,820
LANDSTAR SYSTEMS INC COM 9,748 9,624
LOCKHEED MARTIN CORP COM 8,483 9,233
PARKER-HANNIFIN CORP COM 14,986 19,081
PAYCHEX INC COM 16,035 18,229
RBC BEARINGS INC COM 11,624 12,863
S&P GLOBAL INC COM 18,892 20,917
SAAB AB ADR ISIN#US78516J1016 7,211 6,617
SAIA INC COM 10,474 11,393
SNAP ON INC COM 14,132 15,616
TRANSUNION COM 8,479 8,158
UNIFIRST CORP MASS COM 9,191 8,212
UNION PAC CORP COM 12,051 12,086
WASTE CONNECTIONS INC COM ISIN#CA94106B1013 6,494 6,688
WATSCO INC COM 13,311 16,112
CELSIUS HLDGS INC COM NEW 9,571 8,429
FRESHPET INC COM 1,636 2,666
ILLINOIS TOOL WKS INC COM 1,992 2,282
KENVUE INC COM 8,566 7,857
NATIONAL BEVERAGE CORP COM 8,480 7,595
PHILIP MORRIS INTL INC COM 14,733 15,284
PROCTER & GAMBLE CO COM 8,011 8,550
SITEONE LANDSCAPE SUPPLY INC COM 9,558 8,038
WD 40 CO COM 11,223 9,465
ACCENTURE PLC IRELAND CLASS SHS ISIN#IE00B4BNMY34 29,854 33,420
ADYEN N V ADR 3,221 2,316
APPLE INC COM 10,350 14,274
APPLOVIN CORP COM CL A 29,781 38,536
ARISTA NETWORKS INC COM 6,703 10,169
AUTOMATIC DATA PROCESSING INC COM 17,920 20,491
BENTLEY SYS INC CL B 12,215 11,955
BOOZ ALLEN HAMILTON HLDG CORP 5,568 5,534
CERTARA INC COM 3,379 1,981
CISCO SYS INC COM 10,034 10,774
CLEARWATER ANALYTICS HLDGS INC CL A 12,316 11,586
DATADOG INC CL A 8,285 9,288
ASPEN TECHNOLOGY INC NEW COM 8,874 9,985
ENTEGRIS INC COM 7,994 7,628
FAIR ISAAC CORPORATION COM 3,991 9,955
GODADDY INC CL A 8,371 8,092
HEALTHEQUITY INC COM 12,682 13,049
HENRY JACK & ASSOC INC COM 13,131 14,024
INTUIT COM 18,430 20,112
MASTERCARD INC CL A COM 17,790 21,063
MEITUAN ADR REPSTG 2 CL B SHS ISN#US58533E1038 6,225 5,356
MICROSOFT CORP COM 23,378 27,819
MICROCHIP TECHNOLOGY INC COM 7,230 5,506
MOTOROLA SOLUTIONS INC COM NEW 20,214 19,414
NCINO INC COM 10,424 9,470
NVIDIA CORP COM 10,312 12,892
ORACLE CORP COM 17,360 18,330
RIGHTMOVE PLC ADR 13,442 14,235
ROPER TECHNOLOGIES INC COM 19,046 19,754
SEA LTD ADR ISIN#US81141R1005 11,767 11,353
TAIWAN SEMICONDUCTOR MFG CO SPONSORED ADR 31,914 37,918
TELEDYNE TECHNOLOGIES INC COM 10,294 10,675
TYLER TECHNOLOGIES INC COM 11,738 13,839
VERIZON COMMUNICATIONS INC COM 10,226 8,798
VERISK ANALYTICS INC COM 9,538 11,017
VISA INC COM CL A 7,808 8,849
DUKE ENERGY CORP NEW COM NEW 7,449 7,219
GE VERNOVA INC COM 9,707 10,855
NEXTERA ENERGY INC COM 11,674 11,255
WEC ENERGY GROUP INC COM 2,299 2,633
CROWN CASTLE INC COM 3,495 1,905
GETTY RLTY CORP NEW COM 9,795 8,798
PROLOGIS INC COM 10,287 9,724
INVESCO QQQ TR UNIT SER 1 151,477 158,993
ISHARES TR EXPANDED TECH-SOFTWARE SECTOR ETF 77,055 79,095
ISHARES TR RUSSELL 1000 GROWTH ETF 626,092 674,253
SPFR S&P 500 ETF TR TR UNIT 571,067 585,494
SELECT SECTOR SPDR TR TECHNOLOGY 99,418 103,471

TY 2024 LegalFeesSchedule
Name:
SONO AND VICTOR ELMALEH FOUNDATION
EIN:
35-2354358
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GENERAL GOVERNANCE AND COUNSEL 379 0   379


TY 2024 OtherAssetsSchedule
Name:
SONO AND VICTOR ELMALEH FOUNDATION
EIN:
35-2354358
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INVESTMENT IN RESLAF PERPETUAL FUND LP 129,931 381,649 381,649


TY 2024 OtherDecreasesSchedule
Name:
SONO AND VICTOR ELMALEH FOUNDATION
EIN:
35-2354358
Description Amount
BOOK/TAX DIFFERENCE 2,054,886


TY 2024 OtherExpensesSchedule
Name:
SONO AND VICTOR ELMALEH FOUNDATION
EIN:
35-2354358
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER INVESTMENT EXPENSES 637 637   0
STATE FILING FEES 250 0   250
INSURANCE 2,080 0   2,080


TY 2024 OtherIncomeSchedule2
Name:
SONO AND VICTOR ELMALEH FOUNDATION
EIN:
35-2354358
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
SEC 988 GAIN 21,788 21,788 21,788


TY 2024 OtherProfessionalFeesSchedule
Name:
SONO AND VICTOR ELMALEH FOUNDATION
EIN:
35-2354358
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 22,088 22,088   0


TY 2024 TaxesSchedule
Name:
SONO AND VICTOR ELMALEH FOUNDATION
EIN:
35-2354358
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 108 108   0