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 07-01-2024 , and ending 06-30-2025
Name of foundation
FRESH SOUND FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)186 ALEWIFE BR 200 CO TYLER LYNCH
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CAMBRIDGE, MA02138
A Employer identification number

06-1428363
B Telephone number (see instructions)

(617) 354-3814
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$10,728,032J 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 129,036 129,036  
4 Dividends and interest from securities... 142,521 142,521  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,547,587
b Gross sales price for all assets on line 6a 4,019,196
7 Capital gain net income (from Part IV, line 2)... 1,547,587
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
95 95  
12 Total. Add lines 1 through 11........ 1,819,239 1,819,239  
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
14,545 14,545   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
96,896 96,896   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
14,509 2,509   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 19,063 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
100,298 499   99,799
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 245,311 114,449   99,799
25 Contributions, gifts, grants paid....... 1,125,000 1,125,000
26 Total expenses and disbursements. Add lines 24 and 25 1,370,311 114,449   1,224,799
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 448,928
b Net investment income (if negative, enter -0-) 1,704,790
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............. 590,084 1,080,078 1,080,078
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,305,559 Click to see attachment
List of Attached Documents:
// Content
1,940,001 		1,969,185
b Investments—corporate stock (attach schedule)....... 4,303,396 Click to see attachment
List of Attached Documents:
// Content
3,573,758 		6,073,770
c Investments—corporate bonds (attach schedule)....... 1,272,750 Click to see attachment
List of Attached Documents:
// Content
1,371,331 		1,363,287
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).......... 307,602 Click to see attachment
List of Attached Documents:
// Content
241,712 		241,712
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) 7,779,391 8,206,880 10,728,032
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........... 7,779,391 8,206,880
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)..... 7,779,391 8,206,880
30 Total liabilities and net assets/fund balances (see instructions). 7,779,391 8,206,880
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
7,779,391
2
Enter amount from Part I, line 27a .....................
2
448,928
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
8,228,319
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
21,439
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,206,880
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 US TREASURY 9/5/24 P   2024-07-03
b GARMIN LTD P   2024-08-22
c APPLE P   2024-08-22
d NEXTERA ENERGY P   2024-08-22
e US TREASURY 9/5/24 P   2024-09-05
COSTCO WHOLESALE CORP P   2024-10-04
NEBIUS GROUP P   2024-11-21
ACCENTURE PLC IRELAND P   2024-12-10
ADOBE SYS INC P   2024-12-10
ALPHABET CLASS A P   2024-12-10
AMAZON P   2024-12-10
BLACKSTONE GROUP INC. P   2024-12-10
COOPER COS P   2024-12-10
DANAHER CORP P   2024-12-10
GALLAGHER ARTHUR J & CO P   2024-12-10
JPMORGAN CHASE & CO. P   2024-12-10
KLA CORP P   2024-12-10
MSCI INC. P   2024-12-10
MARRIOTT INTL P   2024-12-10
MERCK & CO P   2024-12-10
MICROSOFT CORP P   2024-12-10
PROLOGIS P   2024-12-10
S&P GLOBAL P   2024-12-10
UNION PAC CORP P   2024-12-10
VISA INC. P   2024-12-10
WASTE MANAGEMENT INC. P   2024-12-10
VANGUARD TOTAL BOND MARKET P   2025-01-21
HONEYWELL INTL INC. P   2025-03-03
ON SEMICONDUCTOR CORP P   2025-03-03
MSCI INC. P   2025-03-07
HONEYWELL INTL INC. P   2025-04-07
HONEYWELL INTL INC. P   2025-04-07
ACCENTURE PLC IRELAND P   2025-05-09
GARMIN LTD P   2025-05-09
ASML HLDG P   2025-05-09
ADOBE SYS INC P   2025-05-09
ALPHABET CLASS A P   2025-05-09
AMAZON P   2025-05-09
APPLE P   2025-05-09
BLACKSTONE GROUP INC. P   2025-05-09
CONESTOGA SMALL-CAP INSTL P   2025-05-09
COSTCO WHOLESALE CORP P   2025-05-09
DANAHER CORP P   2025-05-09
GALLAGHER ARTHUR J & CO P   2025-05-09
JPMORGAN CHASE & CO. P   2025-05-09
KLA CORP P   2025-05-09
MARRIOTT INTL P   2025-05-09
MERCK & CO P   2025-05-09
MICROSOFT CORP P   2025-05-09
NEXTERA ENERGY P   2025-05-09
NOVO-NORDISK P   2025-05-09
NVIDIA CORP P   2025-05-09
PEPSICO P   2025-05-09
PROLOGIS P   2025-05-09
REGENCY CTRS CORP P   2025-05-09
S&P GLOBAL P   2025-05-09
SHERWIN-WILLIAMS P   2025-05-09
ULTRA BEAUTY P   2025-05-09
UNION PAC CORP P   2025-05-09
UNITED RENTALS INC. P   2025-05-09
VISA INC. P   2025-05-09
WASTE MANAGEMENT INC. P   2025-05-09
ZOETIS INC. P   2025-05-09
ZOETIS INC. P   2025-05-09
US TREASURY 2.875% 6/15/25 P   2025-06-16
ACCENTURE PLC IRELAND P   2025-06-17
GARMIN LTD P   2025-06-17
AMAZON P   2025-06-17
APPLE P   2025-06-17
COHEN & STEERS LTD P   2025-06-17
CONESTOGA SMALL-CAP INSTL P   2025-06-17
MARRIOTT INTL P   2025-06-17
MICROSOFT CORP P   2025-06-17
NVIDIA CORP P   2025-06-17
WASTE MANAGEMENT INC. P   2025-06-17
ZOETIS INC. P   2025-06-17
MICROSOFT CORP P   2025-06-24
NEW YORK STATE DORM AUTH 1.085% 7/1/24 P   2024-07-01
US TREASURY 0.25% 7/31/25 P   2024-08-01
US TREASURY 0.625% 8/15/30 P   2024-08-01
INTEL CORP 3.75% 8/5/27 P   2024-08-14
TORONTO DOMINION BANK 0.75% 1/6/26 P   2024-10-10
STATE STREET CORP 2.354% 11/1/25 P   2024-11-01
US TREASURY 0.375% 11/30/25 P   2024-11-04
US TREASURY 0.375% 11/30/25 P   2024-12-23
US TREASURY 1.625% 2/15/26 P   2024-12-23
BANK MONTREAL MED-TERM 1.5% 10/1/25 P   2025-01-10
GOLDMAN SACHS 3.5% 1/23/25 P   2025-01-23
US TREASURY 4.375% 11/30/30 P   2025-01-24
TEXAS ST TAXABLE GO 4.9% 10/1/25 P   2025-02-03
EAST BATON ROUGE 3.4% 2/1/25 P   2025-02-03
US TREASURY 4.0% 2/15/34 P   2025-02-12
US TREASURY 1.625% 5/15/26 P   2025-04-08
SOUTH DAKOTA ST BLDG 2.249% 6/1/25 P   2025-06-02
US TREAURY 4.875% 5/31/26 P   2024-07-08
APTIV PLC P   2024-10-04
APTIV PLC P   2024-10-04
CRISPR THERAPEUTICS P   2024-10-04
CRISPR THERAPEUTICS P   2024-10-04
NEXTRACKER INC. P   2024-10-04
VOLKSWAGEN P   2024-10-08
VOLKSWAGEN P   2024-10-08
ENPHASE ENERGY P   2024-12-17
NESTLE SA SPON ADR P   2024-12-17
T-MOBILE US INC P   2025-03-07
TERADYNE INC P   2025-03-07
VERTIV HOLDINGS P   2025-03-10
CALVERT SOCIAL INVSTMT FDTN 3.0% 3/14/25 P   2025-03-14
AMPHENOL CORP. P   2025-04-21
APTARGROUP INC P   2025-04-21
MICRON TECHNOLOGY 4.185% 2/15/27 P   2025-05-27
ABBOTT LABORATORIES P   2025-06-26
CLOUDFLARE P   2025-06-26
MASTERCARD INC. P   2025-06-26
NEW YORK TIMES CO. P   2025-06-26
ROCKWELL AUTOMATION P   2025-06-26
T-MOBILE US INC P   2025-06-26
(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 178,367   175,495 2,872
b 36,664   17,702 18,962
c 114,379   10,544 103,835
d 61,055   35,145 25,910
e 116,997   116,997 0
70,263   12,120 58,143
1,883   3,701 -1,818
41,758   19,768 21,990
24,550   20,734 3,816
89,383   7,175 82,208
8,974   600 8,374
8,561   941 7,620
9,959   8,516 1,443
21,198   19,944 1,254
31,287   13,465 17,822
20,684   13,429 7,255
48,028   27,821 20,207
12,611   2,951 9,660
32,995   16,532 16,463
24,826   13,675 11,151
99,439   26,735 72,704
21,508   29,619 -8,111
7,670   6,256 1,414
23,819   11,061 12,758
59,232   17,576 41,656
38,974   15,416 23,558
181,712   179,769 1,943
3,222   3,424 -202
31,046   50,559 -19,513
31,474   8,262 23,212
16,256   19,404 -3,148
45,707   50,652 -4,945
34,538   19,253 15,285
22,382   8,318 14,064
16,201   13,802 2,399
20,349   24,420 -4,071
43,177   4,187 38,990
67,392   5,238 62,154
49,655   902 48,753
26,891   4,037 22,854
60,966   58,941 2,025
25,215   3,788 21,427
17,211   8,208 9,003
37,891   13,710 24,181
38,515   24,014 14,501
45,689   23,155 22,534
21,659   12,075 9,584
15,536   11,386 4,150
124,687   16,828 107,859
19,791   10,944 8,847
12,550   17,119 -4,569
14,686   16,121 -1,435
12,163   9,842 2,321
14,233   20,734 -6,501
21,484   19,562 1,922
17,745   14,597 3,148
17,220   10,947 6,273
12,132   11,668 464
14,049   7,190 6,859
37,576   13,989 23,587
53,246   13,968 39,278
36,333   13,361 22,972
20,832   23,051 -2,219
481   550 -69
200,000   195,818 4,182
14,698   8,079 6,619
9,711   3,483 6,228
14,851   1,036 13,815
19,572   361 19,211
29,980   26,505 3,475
20,000   19,621 379
4,875   2,731 2,144
24,852   1,947 22,905
4,900   4,350 550
14,765   5,396 9,369
4,837   5,504 -667
100,108   5,862 94,246
5,000   4,760 240
5,737   5,530 207
12,316   13,930 -1,614
8,746   9,009 -263
9,580   9,738 -158
5,000   4,995 5
1,922   1,837 85
7,716   7,337 379
4,880   5,030 -150
5,000   4,783 217
5,000   5,000 0
5,010   5,006 4
10,173   10,169 4
15,000   15,000 0
16,575   16,940 -365
9,821   10,055 -234
10,000   10,000 0
100,843   100,824 19
16,713   20,759 -4,046
34,916   43,370 -8,454
19,904   29,210 -9,306
2,574   3,778 -1,204
14,397   21,860 -7,463
5,563   7,086 -1,523
25,140   32,021 -6,881
12,556   18,638 -6,082
99,441   32,799 66,642
19,649   10,860 8,789
31,958   34,565 -2,607
38,049   24,489 13,560
10,000   9,963 37
47,649   20,175 27,474
50,262   7,031 43,231
100,000   102,621 -2,621
27,424   12,326 15,098
66,430   26,926 39,504
41,283   6,570 34,713
56,264   24,033 32,231
64,421   21,504 42,917
46,179   28,496 17,683
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       2,872
b       18,962
c       103,835
d       25,910
e       0
      58,143
      -1,818
      21,990
      3,816
      82,208
      8,374
      7,620
      1,443
      1,254
      17,822
      7,255
      20,207
      9,660
      16,463
      11,151
      72,704
      -8,111
      1,414
      12,758
      41,656
      23,558
      1,943
      -202
      -19,513
      23,212
      -3,148
      -4,945
      15,285
      14,064
      2,399
      -4,071
      38,990
      62,154
      48,753
      22,854
      2,025
      21,427
      9,003
      24,181
      14,501
      22,534
      9,584
      4,150
      107,859
      8,847
      -4,569
      -1,435
      2,321
      -6,501
      1,922
      3,148
      6,273
      464
      6,859
      23,587
      39,278
      22,972
      -2,219
      -69
      4,182
      6,619
      6,228
      13,815
      19,211
      3,475
      379
      2,144
      22,905
      550
      9,369
      -667
      94,246
      240
      207
      -1,614
      -263
      -158
      5
      85
      379
      -150
      217
      0
      4
      4
      0
      -365
      -234
      0
      19
      -4,046
      -8,454
      -9,306
      -1,204
      -7,463
      -1,523
      -6,881
      -6,082
      66,642
      8,789
      -2,607
      13,560
      37
      27,474
      43,231
      -2,621
      15,098
      39,504
      34,713
      32,231
      42,917
      17,683
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,547,587
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 23,697
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 23,697
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 23,697
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 10,630
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 37,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 47,630
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 99
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 23,834
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow23,834 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 arrowCT
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 arrowFRESHSOUNDFOUNDATION.ORG
14
The books are in care ofright arrowTYLER LYNCH PC Telephone no.right arrow (617) 354-3814

Located atright arrow186 ALEWIFE BROOK PARKWAYCAMBRIDGEMA ZIP+4right arrow02138
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
JOHN F BURT TRUSTEE
2.00 		0 0 0
C/O TYLER LYNCH 186 ALEWIFE BROOK
PKWY
CAMBRIDGE,MA02138
S JEFFREY BURT TRUSTEE
2.00 		0 0 0
C/O TYLER LYNCH 186 ALEWIFE BROOK
PKWY
CAMBRIDGE,MA02138
LAURIE BURT TRUSTEE
2.00 		0 0 0
C/O TYLER LYNCH 186 ALEWIFE BROOK
PKWY
CAMBRIDGE,MA02138
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
KDN PHILANTHROPY CONSULTING PHILANTHROPY CONSULTING 80,795
10 BLUEBERRY LANE
HOPKINTON,MA01748
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
9,515,860
b
Average of monthly cash balances.......................
1b
501,705
c
Fair market value of all other assets (see instructions)................
1c
311,140
d
Total (add lines 1a, b, and c).........................
1d
10,328,705
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
10,328,705
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
154,931
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
10,173,774
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
508,689
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
508,689
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
23,697
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
23,697
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
484,992
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
484,992
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
484,992
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
1,224,799
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
1,224,799
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 7 484,992
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...... 205,702
b From 2020...... 467,075
c From 2021...... 202,375
d From 2022...... 310,728
e From 2023...... 509,924
f Total of lines 3a through e ........ 1,695,804
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,224,799
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..... 484,992
e Remaining amount distributed out of corpus 739,807
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 2,435,611
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) ... 		205,702
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		2,229,909
10 Analysis of line 9:
a Excess from 2020.... 467,075
b Excess from 2021.... 202,375
c Excess from 2022.... 310,728
d Excess from 2023.... 509,924
e Excess from 2024.... 739,807
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).)
JOHN F BURT
S JEFFREY BURT
LAURIE BURT
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

ACADIA CENTER

15 COURT SQUARE STE 1000
BOSTON,MA02108 		N/A NON-PROFIT ENVIRONMENTAL 5,000

ALL VOTING IS LOCAL

PO BOX 33727
WASHINGTON,DC20033 		N/A NON-PROFIT EDUCATIONAL 45,000

ALL VOTING IS LOCAL

PO BOX 33727
WASHINGTON,DC20033 		N/A NON-PROFIT EDUCATIONAL 30,000

AMERICAN CONSTITUTION SOCIETY FOR LAW

1899 L STREET NW 2ND FL
WASHINGTON,DC20036 		N/A NON-PROFIT EDUCATIONAL 40,000

AMMONOOSUC CONSERVATION TRUST

297 MAIN STREET UNIT 1 2ND FL
FRANCONIA,NH03580 		N/A NON-PROFIT ENVIRONMENTAL 8,000

BIG SKY YOUTH EMPOWERMENT

255 E MENDENHALL STREET
BOZEMAN,MT59715 		N/A NON-PROFIT EDUCATIONAL 10,000

CERES INC

99 CHAUNCY STREET 6TH FL
BOSTON,MA02111 		N/A NON-PROFIT CHARITABLE 25,000

CERES INC

99 CHAUNCY STREET 6TH FL
BOSTON,MA02111 		N/A NON-PROFIT CHARITABLE 25,000

CERES INC

99 CHAUNCY STREET 6TH FL
BOSTON,MA02111 		N/A NON-PROFIT CHARITABLE 75,000

DEMOCRACY FORWARD FUND

PO BOX 34553
WASHINGTON,DC20043 		N/A NON-PROFIT EDUCATIONAL 10,000

DISCOVERING JUSTICE

1 COURTHOUSE WAY
BOSTON,MA02210 		N/A NON-PROFIT EDUCATIONAL 5,000

EMERSON COLLEGE

120 BOYLSTON STREET STE 414
BOSTON,MA02116 		N/A NON-PROFIT EDUCATIONAL 40,000

FACING HISTORY AND OURSELVES

89 SOUTH STREET STE 401
BOSTON,MA02111 		N/A NON-PROFIT EDUCATIONAL 10,000

FAIR COUNT INC

PO BOX 170382
ATLANTA,GA30317 		N/A NON-PROFIT EDUCATIONAL 35,000

FAIR COUNT INC

PO BOX 170382
ATLANTA,GA30317 		N/A NON-PROFIT EDUCATIONAL 40,000

FOOD CONNECTS

22 BROWNE COURT 110
BRATTLEBORO,VT05301 		N/A NON-PROFIT CHARITABLE 25,000

FRACTURED ATLAS

228 PARK AVE S STE 56651
NEW YORK,NY10003 		N/A NON-PROFIT PROMOTION OF THE ARTS 10,000

FRESH GRASS (OFFICE PERFORMING ARTS & FILM INC)

130 JANE STREET 5J
NEW YORK,NY10014 		N/A NON-PROFIT PROMOTION OF THE ARTS 40,000

FRIENDS OF KIRBY LANE PARK

1825 W SARATOGA STREET
BALTIMORE,MD21223 		N/A NON-PROFIT CHARITABLE 15,000

GENERATION CITIZEN

745 ATLANTIC AVENUE 2ND FL
BOSTON,MA02111 		N/A NON-PROFIT EDUCATIONAL 45,000

GENERATION CITIZEN

745 ATLANTIC AVENUE 2ND FL
BOSTON,MA02111 		N/A NON-PROFIT EDUCATIONAL 20,000

GREEN ROOTS INC

227 MARGINAL STREET STE 1
CHELSEA,MA02150 		N/A NON-PROFIT EDUCATIONAL 5,000

INTERNATIONAL SOCIETY OF PERFORMING ARTS

630 9TH AVENUE STE 213
NEW YORK,NY10036 		N/A NON-PROFIT PROMOTION OF THE ARTS 5,000

LAMBDA LEGAL DEFENCE & EDUCATION FUND

120 WALL STREET 19TH FLOOR
NEW YORK,NY10005 		N/A NON-PROFIT EDUCATIONAL 5,000

LAND TRUST ALLIANCE NORTHEAST REGION

112 SPRING STREET STE 204
SARASOTA SPRINGS,NY12866 		N/A NON-PROFIT ENVIRONMENTAL 7,000

NEW GEORGIA PROJECT

830 GLENWOOD AVE SE STE 510-221
ATLANTA,GA30316 		N/A NON-PROFIT EDUCATIONAL 50,000

NEXT STAGE ARTS PROJECT

15 KIMBALL HILL RD
PUTNEY,VT05346 		N/A NON-PROFIT EDUCATIONAL 40,000

NH ALLIANCE FOR END OF LIFE OPTIONS

80 POST ROAD
SUGAR HILL,NH03586 		N/A NON-PROFIT EDUCATIONAL 5,000

RIVER NETWORK

PO BOX 21387
BOULDER,CO80308 		N/A NON-PROFIT ENVIRONMENTAL 35,000

ROCKEFELLER FAMILY FUND

475 RIVERSIDE DRIVE SUITE 900
NEW YORK,NY10115 		N/A NON-PROFIT EDUCATIONAL 75,000

SOUTHERN ENVIRONMENTAL LAW CENTER

201 WEST MAIN STREET STE 14
CHARLOTTESVILLE,VA22902 		N/A NON-PROFIT ENVIRONMENTAL 40,000

ST LAWRENCE UNIVERSITY

23 ROMODA DRIVE
CANTON,NY13617 		N/A NON-PROFIT EDUCATIONAL 5,000

THE JAR

29 FAYETTE ST APT G2
BOSTON,MA02119 		N/A NON-PROFIT EDUCATIONAL 30,000

THOUSAND ISLANDS LAND TRUST

135 JOHN STREET
CLAYTON,NY13624 		N/A NON-PROFIT ENVIRONMENTAL 10,000

UNION OF CONCERNED SCIENTISTS

TWO BRATTLE SQUARE 6TH FL
CAMBRIDGE,MA02238 		N/A NON-PROFIT SCIENTIFIC 40,000

UNION OF CONCERNED SCIENTISTS

TWO BRATTLE SQUARE 6TH FL
CAMBRIDGE,MA02238 		N/A NON-PROFIT SCIENTIFIC 25,000

UNION OF CONCERNED SCIENTISTS

TWO BRATTLE SQUARE 6TH FL
CAMBRIDGE,MA02238 		N/A NON-PROFIT SCIENTIFIC 75,000

WINDWARD FUND

1828 L STREET NW STE 300-C
WASHINGTON,DC20036 		N/A NON-PROFIT CHARITABLE 10,000

WOMEN ENGAGED

1530 DEKALB AVE STE A
ATLANTA,GA30307 		N/A NON-PROFIT PROMOTION OF SOCIAL JUSTICE 35,000

WOMEN ENGAGED

1530 DEKALB AVE STE A
ATLANTA,GA30307 		N/A NON-PROFIT PROMOTION OF SOCIAL JUSTICE 30,000

YELLOW BARN INC

PO BOX 507
PUTNEY,VT05346 		N/A NON-PROFIT PROMOTION OF THE ARTS 40,000
Total .................................right arrow 3a 1,125,000
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 ........... 		    14 129,036  
4 Dividends and interest from securities ....     14 142,521  
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 95  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,547,587  
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 1,819,239 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,819,239
(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:
FRESH SOUND FOUNDATION INC
EIN:
06-1428363
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 14,545 14,545   0

TY 2024 InvestmentsCorpBondsSchedule
Name:
FRESH SOUND FOUNDATION INC
EIN:
06-1428363
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE INC 3.2% 11/21/29 5,423 4,781
ALEXANDRIA RE EQUITIES 4.9% 12/15/30 6,030 5,034
AMERICAN HONDA FIN CORP 4.95% 1/9/26 5,034 5,011
AMERICAN TOWER CORP 3.125% 1/15/27 5,383 4,901
AMGEN 2.2% 2/21/27 5,216 4,836
ANTHEM INC 4.101% 3/1/28 5,662 4,985
AON CORP 2.8% 5/15/30 5,506 4,632
ASTRAZENECA PLC 3.125% 6/12/27 4,818 4,915
AT&T 4.35% 3/1/29 5,017 5,010
BANK MONTREAL MED-TRM 2.65% 4,701 4,882
BANK OF AMERICA 1.898% 7/23/31 10,135 8,785
BANK OF NOVA SCOTIA 5.35% 12/7/26 6,161 6,084
BLACKROCK FDG 5.0% 3/14/34 6,028 6,131
BOSTON PPTYS LP 2.75% 10/1/26 4,806 4,889
CALVERT IMPACT CAPITAL 5.0% 6/15/29 25,000 22,967
CARRIER GLOBAL CORP 2.7% 2/15/31 4,287 4,547
CITIGROUP 2.572% 6/3/31 5,332 4,534
CITIGROUP 3.668% 7/24/28 4,951 4,921
CITIZENS FINL GRP 5.718% 7/23/32 6,122 6,204
COMCAST CORP 5.3% 6/1/34 6,302 6,146
CVS HEALTH CORP 5.0% 1/30/29 99,792 101,521
DEERE JOHN CAP CORP MED-TRM 4.75% 1/20/28 9,989 10,157
DTE ELECTRIC CO 2020 SER A 2.25% 3/1/30 6,115 6,387
ENBRIDGE INC 5.7% 3/8/33 4,214 4,147
EQUINIX INC 3.2% 11/18/29 5,295 4,745
EVERSOURCE ENERGY 1.65% 8/15/30 4,437 4,339
FIFTH THIRD BANCORP 6.361% 10/27/28 5,047 5,214
GE HEALTHCARE TECHNOLOGIES 4.8% 8/14/29 100,822 101,466
GOLDMAN SACHS GROUP 3.814% 4/23/29 4,690 4,916
HOME DEPOT 2.95% 6/15/29 10,042 9,568
INTERNATIONAL BUSINESS MACHINES 4.5% 2/6/28 99,859 100,883
INTERNATIONAL FIN CORP 0.75% 5/15/26 99,939 98,687
JPMORGAN CHASE 2.58% 4/22/32 10,059 8,927
KEURIG DR PEPPER INC 2.25% 3/15/31 4,262 4,413
LOCAL INITITATIVES SUPPORT CORP 0.95% 12/15/25 100,014 97,867
LOWES 4.5% 4/15/30 100,332 100,763
MERCK & CO 2.15% 12/10/31 8,371 8,725
MORGAN STANLEY 1.593% 5/4/27 4,936 4,878
NATIONAL RURAL UTILS COOP 1.35% 3,924 4,209
NATURE CONSERVANCY 2.768% 3/1/27 100,014 96,806
NEXTERA ENERGY 1.875% 1/15/27 4,769 4,821
NORTHERN TRUST CORP 6.125% 11/2/32 6,425 6,481
NORTHROP GRUMMAN 3.25% 1/15/28 4,830 4,884
OTIS WORLDWIDE CORP 5.125 11/19/31 101,724 102,974
PROGRESSIVE CORP OH 3.0% 3/15/32 4,635 4,557
PROLOGIS 5.0% 3/15/34 5,944 6,017
ROYAL BK CDA GLOBAL MED-TRM 6.0% 11/1/27 5,254 5,196
SEMPRA ENERGY 3.4% 2/1/28 5,452 4,881
T MOBILE USA INC 4.8% 7/15/28 99,803 101,340
THE CAMPBERLLS CO 4.15% 3/15/28 96,532 96,618
TRUIST FINANCIAL CORP 1.267% 9,301 9,776
UNITED PARCEL SERVICE 3.4% 3/15/29 5,367 4,876
UNITEDHEALTH GROUP 4.6% 4/15/27 4,965 5,029
VERIZON 1.5% 9/18/30 4,994 4,318
WORKDAY INC 3.5% 4/1/27 97,269 98,706

TY 2024 InvestmentsCorpStockSchedule
Name:
FRESH SOUND FOUNDATION INC
EIN:
06-1428363
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 41,457 122,409
ACCENTURE PLC IRELAND 29,394 51,110
ADOBE SYS 42,390 35,593
AIRBNB 20,278 19,851
ALCON 37,110 39,726
ALPHABET CLASS A 40,511 149,796
ALPHABET CLASS A 12,368 147,328
AMAZON 8,057 16,893
AMPHENOL CORP 25,323 123,438
ANALOG DEVICES 36,323 152,333
APPLE 25,818 41,444
APPLE 50,303 126,385
APTARGROUP INC 12,054 93,858
ARM HOLDINGS PLC 13,653 18,600
ASML HOLDINGS 26,404 35,261
BLACKSTONE GROUP INC 12,930 61,328
BLUEHUB LOAN FUND 2% 6/30/25 225,000 255,000
CARRIER GLOBAL CORP 54,053 146,380
CEI INC NTS 2% 9/30/27 225,000 225,000
CLIFFWATER CORPORATE LENDING FUND 180,594 181,769
CLOUDFLARE 24,045 68,541
COHEN & STEERS INSTL REALTY FUND 145,106 161,470
CONESTOGA SMALL-CAP INSTL 66,438 69,220
COOPER COS 44,285 37,003
COSTCO 17,272 112,853
CROWN HOLDINGS 45,338 56,639
DANAHER CORP 21,433 46,422
DANAHER CORP 29,910 24,693
DANONE EURO 21,624 22,390
GALLAGHER ARTHUR J & CO 27,297 71,387
GARMIN LTD 19,692 57,815
HOME DEPOT INC 33,909 38,497
ISHARES TIPS 357,272 368,194
JPMORGAN CHASE & CO 40,077 80,595
JPMORGAN EXCHAGE TRADED FUND 181,605 181,769
KLA CORP 39,255 105,697
LOREAL EURO 68,447 117,212
MARRIOTT INTL 15,382 29,233
MASTERCARD 22,578 168,582
MCCORMICK & CO 52,157 56,865
MERCK & CO. 29,750 42,192
MICROSOFT 50,771 174,094
MICROSOFT 17,314 83,067
NEXTERA ENERGY 26,894 48,108
NOVO NORDISK 43,188 87,655
NOVO NORDISK 28,382 21,741
NOVONESIS (NOVOZYMES) 10,616 135,748
NVIDIA 26,868 33,178
OTIS WORLDWIDE CORP 12,581 12,873
PEPSICO 40,886 55,325
PROLOGIS 38,800 32,797
REGENCY CENTERS CORP 41,137 46,584
RELX PLC 31,858 38,038
ROCKWELL AUTOMATION 38,849 132,868
S&P GLOBAL 25,023 31,637
SALESFORCE 14,317 13,635
SCHNEIDER ELECTRIC 51,083 76,866
SHERWIN-WILLIAMS 22,564 34,679
STONE RIDGE HIGH YLD REINSURANCE 185,720 175,361
SUNWEALTH LOAN COMPANY 25,000 25,000
T-MOBILE 44,389 89,348
TOMRA SYSTEMS 25,442 108,600
UBER TECHNOLOGIES 13,122 16,328
UL SOLUTIONS 17,871 25,501
ULTRA BEAUTY 27,852 34,619
UNION PACIFIC 20,905 43,485
UNITED RENTALS 23,481 70,820
VERALTO CORP 24,307 30,285
VERMONT COMMUNITY LOAN FUND 75,000 75,000
VERTEX PHARMACEUTICALS 16,364 15,582
VISA 28,584 109,710
WASTE MANAGEMENT INC 24,923 66,587
XYLEM INC. 32,458 129,360
ZOETIS INC 45,317 38,520

TY 2024 InvestmentsGovtObligationsSch
Name:
FRESH SOUND FOUNDATION INC
EIN:
06-1428363
US Government Securities - End of Year Book Value:

1,837,094
US Government Securities - End of Year Fair Market Value:

1,864,267
State & Local Government Securities - End of Year Book Value:


102,907
State & Local Government Securities - End of Year Fair Market Value:


104,918


TY 2024 InvestmentsOtherSchedule2
Name:
FRESH SOUND FOUNDATION INC
EIN:
06-1428363
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
FOUNDERS FIRST CHANGE CATALYST AT COST 154,012 154,012
MARLETTE FUNDING AT COST 37,700 37,700
SUN INITIATIVE FINANCING AT COST 50,000 50,000

TY 2024 OtherDecreasesSchedule
Name:
FRESH SOUND FOUNDATION INC
EIN:
06-1428363
Description Amount
NET ASSET ADJUSTMENT 21,439


TY 2024 OtherExpensesSchedule
Name:
FRESH SOUND FOUNDATION INC
EIN:
06-1428363
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 499 499   0
PHILANTHROPIC ADVISORY 96,295 0   96,295
SOFTWARE & WEB SERVICES 3,504 0   3,504


TY 2024 OtherIncomeSchedule2
Name:
FRESH SOUND FOUNDATION INC
EIN:
06-1428363
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 95 95  


TY 2024 OtherProfessionalFeesSchedule
Name:
FRESH SOUND FOUNDATION INC
EIN:
06-1428363
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 96,896 96,896   0


TY 2024 TaxesSchedule
Name:
FRESH SOUND FOUNDATION INC
EIN:
06-1428363
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,509 2,509   0
FEDERAL EXCISE 12,000 0   0