Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE MELVILLE CHARITABLE TRUST INC
 
Number and street (or P.O. box number if mail is not delivered to street address)157 CHURCH STREET 19TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW HAVEN, CT06510
A Employer identification number

46-1670702
B Telephone number (see instructions)

(203) 901-1065
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$130,710,411J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,529,565 2,896,561 54,188
5a Gross rents............ 90,014 90,014 90,014
b Net rental income or (loss) 90,014
6a Net gain or (loss) from sale of assets not on line 10 5,537,185
b Gross sales price for all assets on line 6a 56,873,155
7 Capital gain net income (from Part IV, line 2)... 5,841,182
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
46,413 1,229,360 46,413
12 Total. Add lines 1 through 11........ 8,203,177 10,057,117 190,615
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 361,283 13,426 0 347,857
14 Other employee salaries and wages...... 747,252 11,508 0 735,744
15 Pension plans, employee benefits....... 293,269 5,514 0 287,755
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
361,535 0 0 358,032
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
71,800 35,900 0 35,900
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
2,026,789 638,251 0 1,192,328
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
289,240 92,338 0 0
19 Depreciation (attach schedule) and depletion... 129,645 0 0
20 Occupancy.............. 69,998 0 0 69,997
21 Travel, conferences, and meetings....... 122,248 0 0 122,435
22 Printing and publications.......... 5,933 0 0 5,933
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
327,124 0 90,014 237,110
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,806,116 796,937 90,014 3,393,091
25 Contributions, gifts, grants paid....... 24,063,750 12,366,430
26 Total expenses and disbursements. Add lines 24 and 25 28,869,866 796,937 90,014 15,759,521
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -20,666,689
b Net investment income (if negative, enter -0-) 9,260,180
c Adjusted net income (if negative, enter -0-)... 100,601
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............. 896,248 1,169,884 1,169,884
2 Savings and temporary cash investments......... 1,962,054 4,535,416 4,535,416
3 Accounts receivable right arrow686,441
Less: allowance for doubtful accounts right arrow   724,646 686,441 686,441
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 arrow2,513,500
Less: allowance for doubtful accounts right arrow0 2,513,500 Click to see attachment
List of Attached Documents:
// Content
2,513,500 		2,513,500
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).......      
c Investments—corporate bonds (attach schedule).......      
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).......... 123,272,618 Click to see attachment
List of Attached Documents:
// Content
119,547,862 		119,547,862
14 Land, buildings, and equipment: basis right arrow4,544,044
Less: accumulated depreciation (attach schedule) right arrow2,396,492 2,228,109 2,147,552 2,147,552
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
75,867 		Click to see attachment
List of Attached Documents:
// Content
109,756 		Click to see attachment
List of Attached Documents:
// Content
109,756
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 131,673,042 130,710,411 130,710,411
Liabilities 17 Accounts payable and accrued expenses.......... 245,457 735,705
18 Grants payable................. 1,229,680 12,800,000
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) Click to see attachment
List of Attached Documents:
// Content
303,266 		Click to see attachment
List of Attached Documents:
// Content
424,964
23 Total liabilities (add lines 17 through 22)......... 1,778,403 13,960,669
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........... 129,894,639 116,749,742
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)..... 129,894,639 116,749,742
30 Total liabilities and net assets/fund balances (see instructions). 131,673,042 130,710,411
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
129,894,639
2
Enter amount from Part I, line 27a .....................
2
-20,666,689
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
7,521,792
4
Add lines 1, 2, and 3 ..........................
4
116,749,742
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
116,749,742
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 P    
b
c
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 56,873,155   51,031,973 5,841,182
b
c
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       5,841,182
b
c
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 5,841,182
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 5,841,182
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) 1 128,717
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........................... 3 128,717
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- ..... 5 128,717
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 74,963
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 74,963
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 2,198
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 55,952
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right 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 arrowWWW.MELVILLETRUST.ORG
14
The books are in care ofright arrowSUSAN THOMAS Telephone no.right arrow (203) 901-1065

Located atright arrow157 CHURCH STREET 19TH FLOORNEW HAVENCT ZIP+4right arrow06510
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
SUSAN THOMAS PRESIDENT
40.00 		307,029 54,254 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
KAREN DUBOIS-WALTON DIRECTOR
1.00 		0 0 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
BINIAM GEBRE DIRECTOR
1.00 		0 0 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
JC DAVID HADDEN DIRECTOR
1.00 		0 0 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
ROBERT HAGGETT DIRECTOR
1.00 		0 0 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
CARLA JAVITS DIRECTOR
1.00 		0 0 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
ROLAN JONI YOUNG DIRECTOR
1.00 		0 0 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
JENNIFER LEIMAILE HO DIRECTOR
1.00 		0 0 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
KICA MATOS DIRECTOR
1.00 		0 0 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
RUTH MELVILLE DIRECTOR
1.00 		0 0 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
STEPHEN MELVILLE DIRECTOR
1.00 		0 0 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
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
AIMEE HENDRIGAN EXECUTIVE VICE PRESI
40.00 		237,531 53,865 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
REBECCA ALLEN SENIOR PROGRAM OFFIC
40.00 		183,955 50,191 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
ALYIA GASKINS SENIOR PROGRAM OFFIC
40.00 		161,412 29,488 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
HOLLY SULLIVAN DIRECTOR OF FINANCE
30.00 		108,075 38,308 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
ANNA VIOLA-GOODMAN EXECUTIVE ASSISTANT
40.00 		77,414 46,038 0
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
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
CITY COLLECTIVE CONSULTING 277,689
223 S WILMINGTON ST STE 200
RALEIGH,NC27601
THE RABEN GROUP CONSULTING 167,671
1341 G ST NW 5TH FLOOR
WASHINGTON,DC20005
ABCD & COMPANY CONSULTING 159,639
11140 ROCKVILLE PIKE STE 300
ROCKVILLE,MD20852
ARC4JUSTICE INC CONSULTING 87,098
405 WALTHAM ST 231
LEXINGTON,MA02421
ANESE & ASSOCIATES CONSULTING 80,863
5602 SYCAMORE AVE
RIALTO,CA92377
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 THE LYCEUM IS A HUB FOR EDUCATIONAL PROGRAMS AND THE EXCHANGE OF IDEAS ON HOUSING, HOMELESSNESS AND COMMUNITY DEVELOPMENT, PROVIDING A HOME FOR NONPROFITS AND MEETING SPACE FOR COMMUNITY MEMBERS, POLICY MAKERS, AND ORGANIZATIONS FROM THROUGHOUT CONNECTICUT. 0
2 NEW SONG SUPPORTS THE DEVELOPMENT OF SAFE, ADEQUATE, AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND PERSONS THAT RESULTS IN THE CREATION OF VIBRANT, HEALTHY COMMUNITIES. 0
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
84,455,817
b
Average of monthly cash balances.......................
1b
1,799,620
c
Fair market value of all other assets (see instructions)................
1c
43,313,984
d
Total (add lines 1a, b, and c).........................
1d
129,569,421
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
129,569,421
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,943,541
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
127,625,880
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,381,294
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
6,381,294
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
128,717
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
626
c
Add lines 2a and 2b............................
2c
129,343
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,251,951
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,251,951
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
6,251,951
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
15,759,521
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
15,759,521
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 6,251,951
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 1,419,408
b From 2020...... 2,910,766
c From 2021...... 3,609,778
d From 2022...... 8,847,296
e From 2023...... 9,060,279
f Total of lines 3a through e ........ 25,847,527
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 15,759,521
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..... 6,251,951
e Remaining amount distributed out of corpus 9,507,570
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 35,355,097
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		1,419,408
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		33,935,689
10 Analysis of line 9:
a Excess from 2020.... 2,910,766
b Excess from 2021.... 3,609,778
c Excess from 2022.... 8,847,296
d Excess from 2023.... 9,060,279
e Excess from 2024.... 9,507,570
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 e-mail address of the person to whom applications should be addressed:
SEE FUNDING GUIDELINES AT HTTPSMELV
157 CHURCH STREET 19TH FLOOR
NEW HAVEN,CT06510
(203) 901-1065
bThe form in which applications should be submitted and information and materials they should include:
SEE FUNDING GUIDELINES AT HTTPS://MELVILLETRUST.ORG/WORK/INQUIRY
cAny submission deadlines:
SEE FUNDING GUIDELINES AT HTTPS://MELVILLETRUST.ORG/WORK/INQUIRY
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE FUNDING GUIDELINES AT HTTPS://MELVILLETRUST.ORG/WORK/INQUIRY
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

A BETTER WAY FOUNDATION

PO BOX 942
HARTFORD,CT06143 		N/A PC SPONSORSHIP 10,000

ASSOCIATION OF BLACK FOUNDATION EXECUTIVES

55 EXCHANGE PLACE 4TH FLOOR
NEW YORK,NY10005 		N/A PC SPONSORSHIP 15,000

AFRICAN AMERICAN ALLIANCE OF CDFI CEOS

301 E PINE ST STE 175
ORLANDO,FL32801 		N/A PC GENERAL OPERATING GRANT 100,000

AMALGAMATED CHARITABLE FOUNDATION

111 ROCKVILLE PIKE
ROCKVILLE,MD20850 		N/A PC PERC GENERAL OPERATING GRANT 1,850,000

CENTER FOR BUDGET POLICIES & PRIORITIES

1275 FIRST ST NE STE 1200
WASHINGTON,DC20002 		N/A PC GENERAL OPERATING GRANT 600,000

CENTER FOR CHILDREN'S ADVOCACY

65 ELIZABETH ST
HARTFORD,CT06105 		N/A PC GENERAL OPERATING GRANT 80,500

CENTER FOR COMMUNITY PROGRESS

111 EAST COURT ST
FLINT,MI48502 		N/A PC GENERAL OPERATING GRANT 265,000

CENTER FOR LEADERSHIP & JUSTICE

47 VINE ST
HARTFORD,CT06112 		N/A PC GENERAL OPERATING GRANT 100,000

COMMUNITY SOLUTIONS

60 BROAD ST STE 2510A
NEW YORK,NY10004 		N/A PC GENERAL OPERATING GRANT 250,000

CONNECTICUT COALITION TO END HOMELESSNESS

257 LAWRENCE ST
HARTFORD,CT06106 		N/A PC GENERAL OPERATING GRANT 100,000

CONNECTICUT VOICES FOR CHILDREN

33 WHITNEY AVE 308
NEW HAVEN,CT06510 		N/A PC GENERAL OPERATING GRANT 125,000

CT COUNCIL FOR PHILANTHROPY

75 CHARTER OAK AVE STE 1-205
HARTFORD,CT06106 		N/A PC SPONSORSHIP 220,500

CONNECTICUT PUBLIC BROADCASTING

1049 ASYLUM AVE
HARTFORD,CT06105 		N/A PC GENERAL OPERATING GRANT 135,000

DREXEL UNIVERSITY

3141 CHESTNUT ST
PHILADELPHIA,PA19103 		N/A PC GENERAL OPERATING GRANT 100,000

ECONOMIC SECURITY PROJECT

238 WEST FOURTH ST STE 5B
NEW YORK,NY10014 		N/A PC GENERAL OPERATING GRANT 250,000

FORGE CITY WORKS

227 LAWRENCE ST
HARTFORD,CT06510 		N/A PC SPONSORSHIP 670,000

FUNDERS TOGETHER TO END HOMELESSNESS

89 SOUTH ST 603
BOSTON,MA02111 		N/A PC GENERAL OPERATING GRANT 325,000

GROUNDED SOLUTIONS NETWORK

PO BOX 70724
OAKLAND,CA94612 		N/A PC GENERAL OPERATING GRANT 294,000

HARTFORD FOUNDATION FOR PUBLIC GIVING

10 COLUMBUS BLVD
HARTFORD,CT06106 		N/A PC PROJECT GRANT 200,000

INDEPENDENT SECTOR

1602 L ST NW STE 900
WASHINGTON,DC20036 		N/A PC SPONSORSHIP 15,000

INSTITUTE FOR COMMUNITY RESEARCH

2 HARTFORD SQUARE WEST STE 210
HARTFORD,CT06106 		N/A PC GENERAL OPERATING GRANT 250,000

INVISIBLE PEOPLE

7119 W SUNSET BLVD 618
LOS ANGELES,CA90046 		N/A PC GENERAL OPERATING GRANT 250,000

JUNIOR ACHIEVEMENT OF SOUTHWEST NEW ENGLAND INC

70 FARMINGTON AVE
HARTFORD,CT06510 		N/A PC SPONSORSHIP 10,000

LINC HOUSING CORPORATION

555 EAST OCEAN BLVD
LONG BEACH,CA90802 		N/A PC SPONSORSHIP 5,000

LIVING CITIES

1730 M ST NW
WASHINGTON,DC20036 		N/A PC PERC GENERAL OPERATING GRANT 250,000

MAKE THE ROAD CT

360 FARMINGTON AVE
HARTFORD,CT06105 		N/A PC GENERAL OPERATING GRANT 50,000

MASS HOUSING ALLIANCE

1 BEACON ST
BOSTON,MA02108 		N/A PC PROJECT GRANT 150,000

MOBILITY WORKS INC

4323 9TH AVE 4H
BROOKLYN,NY11232 		N/A PC SPONSORSHIP 5,000

NATIONAL ALLIANCE TO END HOMELESSNESS

1518 K ST NW 2ND FLOOR
WASHINGTON,DC20002 		N/A PC GENERAL OPERATING GRANT 403,500

NATIONAL COALITION FOR THE HOMELESS

2201 P ST NW
WASHINGTON,DC20037 		N/A PC GENERAL OPERATING GRANT 150,000

NATIONAL FAIR HOUSING ALLIANCE

1331 PENNSYLVANIA AVE NW 650
WASHINGTON,DC20004 		N/A PC GENERAL OPERATING GRANT 250,000

NATIONAL HOUSING TRUST

100 CAMBRIDGE ST STE 300
BOSTON,MA02114 		N/A PC PROJECT GRANT 250,000

NATIONAL LEAGUE OF CITIES

660 NORTH CAPITOL ST NW STE 450
WASHINGTON,DC20001 		N/A PC PROJECT GRANT 250,000

NATIONAL LOW INCOME HOUSING COALITION

1000 VERMONT AVE NW STE 500
WASHINGTON,DC20005 		N/A PC GENERAL OPERATING GRANT 550,000

NATIONAL PARENT LEADERSHIP INSTITUTE

15 RIVER RD STE 15B
WILTON,CT06897 		N/A PC GENERAL OPERATING GRANT 200,000

NATIONAL PUBLIC RADIO

1111 NORTH CAPITOL ST NW
WASHINGTON,DC20002 		N/A PC GENERAL OPERATING GRANT 250,000

NEW AMERICA

740 15TH ST NW
WASHINGTON,DC20005 		N/A PC GENERAL OPERATING GRANT 75,000

NEW VENTURE FUND (FUNDERS FOR HOUSING AND OPPORTUNITY)

1201 CONNECTICUT AVE NW STE 300
WASHINGTON,DC20002 		N/A PC GENERAL OPERATING GRANT 500,000

NEW VENTURE FUND (HOUSING NARRATIVE LAB)

1828 L STREET NW
WASHINGTON,DC20036 		N/A PC GENERAL OPERATING GRANT 250,000

PARTNERSHIP FOR STRONG COMMUNITIES

227 LAWRENCE ST
HARTFORD,CT06510 		N/A PC GENERAL OPERATING GRANT 750,000

PATHWAYS HOUSING FIRST INSTITUTE

1028 2ND ST STE 22
SANTA MONICA,CA90403 		N/A PC SPONSORSHIP 15,000

POINT SOURCE YOUTH

215 PARK AVE SOUTH
NEW YORK,NY10003 		N/A PC GENERAL OPERATING GRANT 50,000

POLICY LINK

1438 WEBSTER ST STE 303
OAKLAND,CA94612 		N/A PC PROJECT GRANT 50,000

POWER RISING

700 7TH ST SW STE 723
WASHINGTON,DC20024 		N/A PC SPONSORSHIP 6,500

PRIVATE EQUITY STAKEHOLDER PROJECT

2513 N CENTRAL PARK AVE
CHICAGO,IL60647 		N/A PC GENERAL OPERATING GRANT 100,000

THE BRIDGE CROSSING JUBILEE

PO BOX 1582
SELMA,AL36702 		N/A PC PERC SPONSORSHIP 100,000

THE LEADERSHIP CONFERENCE EDUCATION FUND

1620 L ST NW STE 1100
WASHINGTON,DC20036 		N/A PC SPONSORSHIP 5,000

THIRD SECTOR NEW ENGLAND

89 SOUTH ST
BOSTON,MA02111 		N/A PC GENERAL OPERATING GRANT 250,000

THIRDSPACE ACTION LAB

1464 E 105TH ST 302
CLEVELAND,OH44106 		N/A PC SPONSORSHIP 3,750

TRUE COLORS UNITED

1460 BROADWAY
NEW YORK,NY10036 		N/A PC SPONSORSHIP 15,000

TRUST NEIGHBORHOODS

1737 WALNUT ST STE C
KANSAS CITY,MO64108 		N/A PC GENERAL OPERATING GRANT 250,000

UP FOR GROWTH

1627 EYE ST NW STE 1130
WASHINGTON,DC20006 		N/A PC PROJECT GRANT 100,000

URBAN LAND INSTITUTE

2001 L ST NW STE 200
WASHINGTON,DC20036 		N/A PC GENERAL OPERATING GRANT 75,000

URBAN STRATEGIES INC

100 N BOARDWAY STE 1110
ST LOUIS,MO63102 		N/A PC PERC PROJECT GRANT 792,680
Total .................................right arrow 3a 12,366,430
bApproved for future payment

AMALGAMATED CHARITABLE FOUNDATION
111 ROCKVILLE PIKE
ROCKVILLE,MD20850 		N/A PC PERC GENERAL OPERING GANT 1,600,000

AMALGAMATED CHARITABLE FOUNDATION
111 ROCKVILLE PIKE
ROCKVILLE,MD20850 		N/A PC GERERAL OPERATING GRANT 400,000

BRIDGE CROSSING JUBILEE
1410 WATER AVE
SELMA,AL36703 		N/A PC SPONSORSHIP 100,000

CENTER FOR BUDGET POLICY & PRIORITIES
1275 FIRST ST NE STE 1200
WASHINGTON,DC20002 		N/A PC GERERAL OPERATING GRANT 1,000,000

CENTER FOR COMMUNITY PROGRESS
111 EAST COURT ST
FLINT,MI48502 		N/A PC GERERAL OPERATING GRANT 250,000

COMMUNITY SOLUTIONS
60 BROAD ST STE 2510A
NEW YORK,NY10004 		N/A PC GERERAL OPERATING GRANT 500,000

CONNECTICUT COALITION TO END HOMELESSNESS
257 LAWRENCE ST
HARTFORD,CT06106 		N/A PC GERERAL OPERATING GRANT 200,000

ECONOMIC SECURITY PROJECT
238 WEST FOURTH ST STE 5B
NEW YORK,NY10014 		N/A PC GERERAL OPERATING GRANT 500,000

FORGE CITY WORKS
227 LAWRENCE ST
HARTFORD,CT06510 		N/A PC GERERAL OPERATING GRANT 1,000,000

FUNDERS TOGETHER TO END HOMELESSNESS
89 SOUTH ST 603
BOSTON,MA02111 		N/A PC GERERAL OPERATING GRANT 500,000

INSTITUTE FOR COMMUNITY RESEARCH
2 HARTFORD SQUARE WEST STE 210
HARTFORD,CT06106 		N/A PC GERERAL OPERATING GRANT 500,000

NATIONAL ALLIANCE TO END HOMELESSNESS
1518 K ST NW 2ND FLOOR
WASHINGTON,DC20002 		N/A PC GERERAL OPERATING GRANT 800,000

NATIONAL COALITION FOR THE HOMELESS
2201 P ST NW
WASHINGTON,DC20037 		N/A PC GERERAL OPERATING GRANT 200,000

NATIONAL FAIR HOUSING ALLIANCE
1331 PENNSYLVANIA AVE NW 650
WASHINGTON,DC20004 		N/A PC GERERAL OPERATING GRANT 200,000

NATIONAL LOW INCOME HOUSING COALITION
1000 VERMONT AVE NW STE 500
WASHINGTON,DC20005 		N/A PC GERERAL OPERATING GRANT 1,000,000

NATIONAL PUBLIC RADIO
1111 NORTH CAPITOL ST NW
WASHINGTON,DC20002 		N/A PC GERERAL OPERATING GRANT 500,000

NEW VENTURE FUND (FHO)
1201 CONNECTICUT AVE NW STE 300
WASHINGTON,DC20002 		N/A PC GERERAL OPERATING GRANT 1,000,000

NEW VENTURE FUND (HOUSING NARRATIVE LAB)
1828 L STREET NW
WASHINGTON,DC20036 		N/A PC GERERAL OPERATING GRANT 500,000

PARTNERSHIP FOR STRONG COMMUNITIES
227 LAWRENCE ST
HARTFORD,CT06510 		N/A PC GERERAL OPERATING GRANT 1,100,000

PRIVATE EQUITY STAKEHOLDER PROJECT
2513 N CENTRAL PARK AVE
CHICAGO,IL60647 		N/A PC GERERAL OPERATING GRANT 200,000

TRUST NEIGHBORHOODS
1737 WALNUT ST STE C
KANSAS CITY,MO64108 		N/A PC GERERAL OPERATING GRANT 250,000

TSNE (A WAY HOME AMERICA)
89 SOUTH ST SUITE 700
BOSTON,MA02111 		N/A PC GERERAL OPERATING GRANT 500,000
Total ................................. right arrow 3b 12,800,000
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 2,475,377 54,188
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....         90,014
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 5,537,185  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aDEVELOPER FEE 		        29,019
bIRS TAX REFUND     01 17,394  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 8,029,956 173,221
13Total. Add line 12, columns (b), (d), and (e)..................
13
8,203,177
(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.)
5B THE LYCEUM IS A HUB FOR EDUCATIONAL PROGRAMS AND THE EXCHANGE OF IDEAS ON HOUSING, HOMELESSNESS AND COMMUNITY DEVELOPMENT, PROVIDING A HOME FOR NONPROFITS AND MEETING SPACE FOR COMMUNITY MEMBERS, POLICY MAKERS, AND ORGANIZATIONS THROUGHOUT CONNECTICUT. BILLINGS FORGE IS A BUILDING COMPLEX IN A DISTRESSED NEIGHBORHOOD PROVIDING A COMBINATION OF MIXED USE HOUSING, COMMERCIAL AND ACTIVITY/PROGRAM RELATED SPACE.
11A NEW SONG SUPPORTS THE DEVELOPMENT OF SAFE, ADEQUATE, AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND PERSONS THAT RESULTS IN THE CREATION OF VIBRANT, HEALTHY COMMUNITIES.
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:
THE MELVILLE CHARITABLE TRUST INC
EIN:
46-1670702
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 71,800 35,900 0 35,900

TY 2024 InvestmentsOtherSchedule2
Name:
THE MELVILLE CHARITABLE TRUST INC
EIN:
46-1670702
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ANCHORAGE STRUCTURED CREDIT FUND - 338294 SHS FMV 2,293,246 2,293,246
ARES PATHFINDER FUND (OFFSHORE) LP - 3003851 SHS FMV 3,360,141 3,360,141
ARROWSTREET INTL EQUITY EAFE TRUST FUND - 68783 SHS FMV 10,785,863 10,785,863
ARTISAN INTERNATIONAL FUND #661 - 113638 SHS FMV 3,065,971 3,065,971
ARTISAN INTERNATIONAL VALUE FUND #1672 - 65725 SHS FMV 3,091,046 3,091,046
BLACKROCK ADVANTAGE EMERGING MARKETS FUND CLASS K #2015 - 700253 SHS FMV 6,981,520 6,981,520
BLUE OWL GP STAKES IV OFFSHORE - 3031528 SHS FMV 5,174,287 5,174,287
DAWSON PORTFOLIO FINANCE II LP - 604084 SHS FMV 1,234,035 1,234,035
DAWSON PORTFOLIO FINANCE III - 405852 SHS FMV 983,306 983,306
DAWSON PORTFOLIO FINANCE IV LP - 1625330 SHS FMV 2,096,140 2,096,140
FIDELITY 500 INDEX FUND CLASS AI #2328 - 157052 SHS FMV 32,068,472 32,068,472
H.I.G. MIDDLE MARKET LBO FUND III LP - 1074117 SHS FMV 1,268,083 1,268,083
HELLMAN & FRIEDMAN CAPITAL PARTNERS X L.P. - 1943707 SHS FMV 2,210,682 2,210,682
HOLDBACK - HILDENE - 174281 SHS FMV 174,281 174,281
MARATHON EMERGING MARKETS BOND OFFSHORE FUND LTD - 3510 SHS FMV 4,054,425 4,054,425
PACIFIC ASSET MANAGEMENT BANK LOAN FUND LP - 2400000 SHS FMV 3,144,797 3,144,797
PGIM HIGH YIELD FUND CLASS Q #1067 - 677024 SHS FMV 3,206,720 3,206,720
PIMCO INCOME CLASS INS #1821 - 205668 SHS FMV 2,163,631 2,163,631
PRIMA MORTGAGE INVESTMENT TRUST LLC - 1203621 SHS FMV 4,234,443 4,234,443
PRIVATE EQUITY PARTNERS IX OFFSHORE LP - 1758955 SHS FMV 228,809 228,809
PRUDENTIAL CORE FIXED INCOME - 2074296 SHS FMV 7,200,021 7,200,021
ROSE AFFORDABLE HOUSING PRESERVATION FUND V REIT LP - 2244095 SHS FMV 1,667,372 1,667,372
SCULPTOR REAL ESTATE PARALLEL FUND B, IV KP - 1543354 SHS FMV 1,503,264 1,503,264
SSGA LONG US TREASURY INDEX NL CTF - 525528 SHS FMV 7,456,721 7,456,721
WARBURG PINCUS GLOBAL GROWTH L.P. - 2074280 SHS FMV 3,687,505 3,687,505
WELLINGTON TRUST CO NATL ASSOC. MULTIPLE COMMON TRUST - 221500 SHS FMV 6,213,078 6,213,078
U.S. TRUST MCT INVESTMENTS FMV 2 2
LYCEUM, INC. LLC FMV 1 1

TY 2024 LegalFeesSchedule
Name:
THE MELVILLE CHARITABLE TRUST INC
EIN:
46-1670702
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 361,535 0 0 358,032


TY 2024 OtherAssetsSchedule
Name:
THE MELVILLE CHARITABLE TRUST INC
EIN:
46-1670702
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
RIGHT-OF-USE ASSETS 17,651 34,796 34,796
OTHER ASSETS 58,216 74,960 74,960


TY 2024 OtherExpensesSchedule
Name:
THE MELVILLE CHARITABLE TRUST INC
EIN:
46-1670702
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 19,500 0 0 19,500
OTHER EXPENSES 2,808 0 0 2,808
MEMBERSHIP DUES 24,375 0 0 24,375
LYCEUM OTHER EXPENSES 280,441 0 90,014 190,427


TY 2024 OtherIncomeSchedule2
Name:
THE MELVILLE CHARITABLE TRUST INC
EIN:
46-1670702
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME 0 1,200,341 0
DEVELOPER FEE 29,019 29,019 29,019
IRS TAX REFUND 17,394   17,394


TY 2024 OtherIncreasesSchedule
Name:
THE MELVILLE CHARITABLE TRUST INC
EIN:
46-1670702
Description Amount
UNREALIZED GAIN ON INVESTMENTS 7,521,792


TY 2024 OtherLiabilitiesSchedule
Name:
THE MELVILLE CHARITABLE TRUST INC
EIN:
46-1670702
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAXES 285,615 390,168
OPERATING LEASE LIABILITY 17,651 34,796


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TY 2024 OtherNotesLoansRcvblLongSch
Name:
THE MELVILLE CHARITABLE TRUST INC
EIN:
46-1670702

Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
CAPITAL FOR CHANGE NONE 105,000 0 2013-10 2023-11   300.0000000000 % UNSECURED COMMUNITY LOAN POOL - BELOW MKT RATE LOANS (5 YR EXT)   0
NEIGHBORWORKS NEW HORIZONS NONE 300,000 0 2019-07 2022-07   0 % UNSECURED ACQUISITION & PREDEVELOPMENT ACTIVITIES   0
BILLINGS FORGE LP NONE 2,108,500 0 2015-11 2055-11   257.0000000000 % UNSECURED NOTE RECEIVED AS PART OF SALE OF PROPERTY   0

TY 2024 OtherProfessionalFeesSchedule
Name:
THE MELVILLE CHARITABLE TRUST INC
EIN:
46-1670702
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 638,251 638,251 0 0
OTHER PROFESSIONAL FEES 207,137 0 0 186,556
PERC EXPENSES 1,181,401 0 0 1,005,772


TY 2024 TaxesSchedule
Name:
THE MELVILLE CHARITABLE TRUST INC
EIN:
46-1670702
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ALT INVESTMENT FOREIGN TAX 80,824 92,338 0 0
EXCISE TAXES 208,416 0 0 0