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 MORRIS GOLDSEKER FOUNDATION
OF MARYLAND INC
Number and street (or P.O. box number if mail is not delivered to street address)1040 PARK AVENUE SUITE 310
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BALTIMORE, MD21201
A Employer identification number

52-0983502
B Telephone number (see instructions)

(410) 837-5100
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$140,762,835
J 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... 2,523,578 2,523,578  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 10,007,263
b Gross sales price for all assets on line 6a 33,425,977
7 Capital gain net income (from Part IV, line 2)... 10,007,263
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)....... -778,749 -934,093  
12 Total. Add lines 1 through 11........ 11,752,092 11,596,748  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 584,182     584,182
14 Other employee salaries and wages...... 82,483     82,483
15 Pension plans, employee benefits....... 87,839     87,839
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 123,911 36,000   87,911
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 154,889      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 68,728     68,728
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 36,508     36,508
23 Other expenses (attach schedule)....... 507,691 417,664   90,027
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,646,231 453,664   1,037,678
25 Contributions, gifts, grants paid....... 5,680,953 5,680,953
26 Total expenses and disbursements. Add lines 24 and 25 7,327,184 453,664   6,718,631
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,424,908
b Net investment income (if negative, enter -0-) 11,143,084
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............. 103,846 48,837 48,837
2 Savings and temporary cash investments......... 8,990,712 11,689,830 11,689,830
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)      
b Investments—corporate stock (attach schedule)....... 42,228,397 Click to see attachment
List of Attached Documents:
// Content
47,281,986
73,644,546
c Investments—corporate bonds (attach schedule)....... 7,726,610 Click to see attachment
List of Attached Documents:
// Content
7,868,841
7,543,530
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).......... 33,204,453 Click to see attachment
List of Attached Documents:
// Content
29,696,976
47,511,833
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
179,148
Click to see attachment
List of Attached Documents:
// Content
324,259
Click to see attachment
List of Attached Documents:
// Content
324,259
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 92,433,166 96,910,729 140,762,835
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)   Click to see attachment
List of Attached Documents:
// Content
33,575
23 Total liabilities (add lines 17 through 22).........   33,575
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........... 92,433,166 96,877,154
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)..... 92,433,166 96,877,154
30 Total liabilities and net assets/fund balances (see instructions). 92,433,166 96,910,729
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
92,433,166
2
Enter amount from Part I, line 27a .....................
2
4,424,908
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
20,000
4
Add lines 1, 2, and 3 ..........................
4
96,878,074
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
920
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
96,877,154
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 FROM PASS THROUGH ENTITIES P    
c FROM PASS THROUGH ENTITIES P    
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 28,684,538   23,418,714 5,265,824
b 453,481     453,481
c 4,287,958     4,287,958
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       5,265,824
b       453,481
c       4,287,958
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 10,007,263
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 10,007,263
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) 1 154,889
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  
3 Add lines 1 and 2........................... 3 154,889
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 154,889
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 179,148
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 100,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 279,148
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 10 124,259
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow124,259 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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
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 arrowMD
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.GOLDSEKERFOUNDATION.ORG
14
The books are in care ofright arrowJASON SCHUTZ Telephone no.right arrow (410) 760-8111

Located atright arrow2408 PEPPERMILL DR 2HGLEN BURNIEMD ZIP+4right arrow21061
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
 
 
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 KATZENBERG DIRECTOR
2.00
9,000 0 0
5700 COLEY CT
5700 COLEY ST
BALTIMORE,MD21201
SHARNA GOLDSEKER DIRECTOR
10.00
12,000 0 0
1040 PARK AVE SUITE 310
1040 PARK AVE SUITE 310
BALTIMORE,MD21201
DEBORAH GOLDSEKER DIRECTOR
2.00
12,000 0 0
1040 PARK AVE SUITE 310
1040 PARK AVE SUITE 310
BALTIMORE,MD21201
ANA GOLDSEKER DIRECTOR
2.00
12,000 0 0
1040 PARK AVE SUITE 310
1040 PARK AVE SUITE 310
BALTIMORE,MD21201
MATTHEW GALLAGHER PRESIDENT
40.00
414,882 36,944 0
1040 PARK AVE SUITE 310
1040 PARK AVE SUITE 310
BALTIMORE,MD21201
SHELLY GOLDSEKER DIRECTOR
2.00
12,000 0 0
1040 PARK AVE SUITE 310
1040 PARK AVE SUITE 310
BALTIMORE,MD21201
KATHERINE ESSEX PROGRAM DIRE
40.00
73,212 6,353 0
1040 PARK AVE SUITE 310
1040 PARK AVE SUITE 310
BALTIMORE,MD21201
ANNIE MILLI PROGRAM DIRE
40.00
39,088 2,736 0
1040 PARK AVE SUITE 310
BALTIMORE,MD21201
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
CHRISTINA CALDWELL OFFICE MANAG
40.00
82,483 5,774  
1040 PARK AVE SUITE 310
1040 PARK AVE SUITE 310
BALTIMORE,MD21201
Total number of other employees paid over $50,000...................right arrow  
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
ASSET STRATEGY CONSULTANTS ASSET MGMT 135,000
6 NORTH PARK DR SUITE 208
HUNT VALLEY,MD21030
STAINES WILEY & SCHUTZ LLC ACCOUNTING 84,593
2408 PEPPERMILL DR SUITE 2H
GLEN BURNIE,MD21061
Total number of others receiving over $50,000 for professional services.............right arrow  
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 MARKLEY FLATS / MORGAN STATE 500,000
2 PROPEL BALTIMORE FUND III, L.P. 37,356
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow537,356
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
140,560,560
b
Average of monthly cash balances.......................
1b
76,342
c
Fair market value of all other assets (see instructions)................
1c
101,704
d
Total (add lines 1a, b, and c).........................
1d
140,738,606
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
140,738,606
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,111,079
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
138,627,527
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,931,376
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
6,931,376
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
154,889
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
154,889
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,776,487
4
Recoveries of amounts treated as qualifying distributions................
4
20,000
5
Add lines 3 and 4............................
5
6,796,487
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
6,796,487
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
6,718,631
b
Program-related investments—total from Part VIII-B..................
1b
537,356
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
7,255,987
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 6,796,487
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 6,225,748
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 7,255,987
a Applied to 2023, but not more than line 2a 6,225,748
b Applied to undistributed income of prior years
(Election required—see instructions).....
 
c Treated as distributions out of corpus (Election
required—see instructions)........
 
d Applied to 2024 distributable amount..... 1,030,239
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(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  
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
 
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......
 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
5,766,248
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) .......
 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
PROGRAM DIRECTOR
1040 PARK AVE SUITE 310
BALTIMORE,MD21201
(410) 837-5100
ANNIE@GOLDSEKERFOUNDATION.COM
bThe form in which applications should be submitted and information and materials they should include:
THE APPLICANT MUST BE A NONPROFIT AND CHARITABLE, EDUCATIONAL, OR SCIENTIFIC ORGANIZATION. TO ENSURE ELIGIBILITY, APPLICANTS MUST SUBMIT EVIDENCE OF A TAX EXEMPTION RULING UNDER 501(C)(3) AND 509(A) OF THE INTERNAL REVENUE CODE. FOR MORE INFORMATION, VISIT OUT WEBSITE WWW.GOLDSEKERFOUNDATION.ORG.
cAny submission deadlines:
NO
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE FOUNDATION WAS CREATED BY THE WILL OF MORRIS GOLDSEKER EXPRESSLY TO SUPPORT PROGRAMS DIRECTLY BENEFITING THE PEOPLE OF THE BALTIMORE METROPOLITAN AREA. THE ORGANIZATION MUST CARRY ON ITS WORK AND ACTIVITIES PRINCIPALLY IN THE BALTIMORE METROPOLITAN AREA. CURRENT PROGRAM INTERESTS INCLUDE: COMMUNITY DEVELOPMENT, EDUCATION, NONPROFIT CAPACITY BUILDING, AND MISSION/PROGRAM RELATED INVESTMENTS.
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

4MYCITY INC
4MYCITY INC
1133 WILSO DRIVE
BALTIMORE,MD21223
NONE   SUPPORTING GRANT 40,000

ADELANTE LATINA
ADELANTE LATINA
2907 WEST STRATHMORE AVE
BALTIMORE,MD21209
NONE   SUPPORTING GRANT 20,000

AND SHE LIVED INC
AND SHE LIVED INC
1029 STAMFORD ROAD
BALTIMORE,MD21209
NONE   SUPPORTING GRANT 1,000

ASSOCIATED BLACK CHARITIES
ASSOCIATED BLACK CHARITIES
2 HAMILL RD STE 359
BALTIMORE,MD21210
NONE   SUPPORTING GRANT 60,000

ASSOCIATED CATHOLIC CHARITIES
ASSOCIATED CATHOLIC CHARITIES
320 CATHEDRAL STREET
BALTIMORE,MD21201
NONE   SUPPORTING GRANT 66,000

AYSLEE WOMEN ENTERPRISE
AYSLEE WOMEN ENTERPRISE
4500 FRANKFORD AVENUE
BALTIMORE,MD21206
NONE   SUPPORTING GRANT 60,000

BUILD
BUILD
2439 MARYLAND AVENUE
BALTIMORE,MD21218
NONE   SUPPORTING GRANT 50,000

BACKYARD BASECAMP
BACKYARD BASECAMP
5111 PLAINFIELD AVENUE
BALTIMORE,MD21206
NONE   SUPPORTING GRANT 75,000

BALT LEADERSHIP SCH FOR YOUNG WOMEN
BALT LEADERSHIP SCH FOR YOUNG WOMEN
128 W FRANKLIN STREET
BALTIMORE,MD21201
NONE   SUPPORTING GRANT 20,500

BALTIMORE BANNER
BALTIMORE BANNER
621 E PRATT STREET PIER I
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 201,000

BALTIMORE COMMUNITY FOUNDATION
BALTIMORE COMMUNITY FOUNDATION
11 E MT ROYAL AVENUE 2
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 117,250

BALTIMORE CORPS
BALTIMORE CORPS
2401 LIBERTY HEIGHTS AVEN
BALTIMORE,MD21215
NONE   SUPPORTING GRANT 175,000

BALTIMORE JEWISH COUNCIL
BALTIMORE JEWISH COUNCIL
5750 PARK HEIGHTS AVENUE
BALTIMORE,MD21215
NONE   SUPPORTING GRANT 2,000

BALTIMORE MUSEUM OF ART
BALTIMORE MUSEUM OF ART
10 ART MUSEUM DRIVE
BALTIMORE,MD21218
NONE   SUPPORTING GRANT 7,500

BALTIMORE PUBLIC MARKETS CORP
BALTIMORE PUBLIC MARKETS CORP
400 W LEXINGTON STREET
BALTIMORE,MD21201
NONE   SUPPORTING GRANT 50,000

BALTIMORE RACIAL JUSTICE ACTION
BALTIMORE RACIAL JUSTICE ACTION
116 E 25TH STREET
BALTIMORE,MD21218
NONE   SUPPORTING GRANT 30,000

BALTIMORE TREE TRUST
BALTIMORE TREE TRUST
330 W 24ST
BALTIMORE,MD21211
NONE   SUPPORTING GRANT 10,000

BELAIN-EDISON NEIGHBORHOODS
BELAIN-EDISON NEIGHBORHOODS
3545 BELAIR ROAD
BALTIMORE,MD21213
NONE   SUPPORTING GRANT 85,000

BELOVED COMMUNITY SERVICES
BELOVED COMMUNITY SERVICES
1219 DRUID HILL AVENUE
BALTIMORE,MD21217
NONE   SUPPORTING GRANT 50,000

BIKEMORE INC
BIKEMORE INC
2209 MARYLAND AVENUE
BALTIMORE,MD21218
NONE   SUPPORTING GRANT 60,000

BLACK EDUCATION NETWORK
BLACK EDUCATION NETWORK
4709 HARFORD ROAD
BALTIMORE,MD21214
NONE   SUPPORTING GRANT 25,000

BLACK WOMEN BUILD
BLACK WOMEN BUILD
PO BOX 16564
BALTIMORE,MD21217
NONE   SUPPORTING GRANT 1,000

BLUE WATER BALTIMORE
BLUE WATER BALTIMORE
2631 SISSON STREET
BALTIMORE,MD21211
NONE   SUPPORTING GRANT 1,500

BLUEBIRD EDUCATION NETWORK
BLUEBIRD EDUCATION NETWORK
27 N LAKEWOOD AVENUE
BALTIMORE,MD21224
NONE   SUPPORTING GRANT 100,000

CASA OF MARYLAND
CASA OF MARYLAND
2706 PULASKI HIGHWAY
BALTIMORE,MD21224
NONE   SUPPORTING GRANT 115,000

CENTRAL BALTIMORE PARTNERSHIP
CENTRAL BALTIMORE PARTNERSHIP
25 E 20TH STREET
BALTIMORE,MD21218
NONE   SUPPORTING GRANT 205,000

CENTRAL MD TRANSPORTATION ALLIANCE
CENTRAL MD TRANSPORTATION ALLIANCE
11 E MT ROYAL AVENUE 2ND
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 30,000

CHANA
CHANA
1325 BEDFORD ROAD PO B
PIKESVILLE,MD21282
NONE   SUPPORTING GRANT 500

CHASE BREXTON HEALTH SERVICES
CHASE BREXTON HEALTH SERVICES
1111 N CHARLES STREET
BALTIMORE,MD21201
NONE   SUPPORTING GRANT 5,000

CHERRY HILL STRONG
CHERRY HILL STRONG
606 CHERRY HILL RD
BALTIMORE,MD21225
NONE   SUPPORTING GRANT 60,000

CITY TEACHING ALLIANCE
CITY TEACHING ALLIANCE
8 MARKET PLACE STE 68
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 75,000

CIVIL JUSTICE INC
CIVIL JUSTICE INC
120 E BALTIMORE ST 2500
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 30,000

CLYBURN ARBORETUM FRIENDS
CLYBURN ARBORETUM FRIENDS
4915 GREENSPRING AVENUE
BALTIMORE,MD21209
NONE   SUPPORTING GRANT 28,000

COLLEGE BOUND FOUNDATION
COLLEGE BOUND FOUNDATION
2507 N HOWARD STREET
BALTIMORE,MD21218
NONE   SUPPORTING GRANT 1,000

COMMUNITY LAW CENTER
COMMUNITY LAW CENTER
3355 KESWICK ROAD 200
BALTIMORE,MD21211
NONE   SUPPORTING GRANT 35,000

COMPREHENSIVE HOUSING ASSISTANCE CO
COMPREHENSIVE HOUSING ASSISTANCE CO
5809 PARK HEIGHTS AVENUE
BALTIMORE,MD21215
NONE   SUPPORTING GRANT 70,000

CREATIVE ALLIANCE
CREATIVE ALLIANCE
3134 EASTERN AVENUE
BALTIMORE,MD21224
NONE   SUPPORTING GRANT 40,000

DRINK AT THE WELL INC
DRINK AT THE WELL INC
4710 PENNINGTON AVE 1ST F
BALTIMORE,MD21226
NONE   SUPPORTING GRANT 30,000

FFFE FBO BALTIMORE'S PROMISE
FFFE FBO BALTIMORE'S PROMISE
1 VILLAGE SQUARE 131
BALTIMORE,MD21201
NONE   SUPPORTING GRANT 85,000

FRIENDS OF GYWNNS FALLS
FRIENDS OF GYWNNS FALLS
15 BENWAY COURT
CATONSVILLE,MD21228
NONE   SUPPORTING GRANT 15,000

FRIENDS OF HERRING RUN PARK
FRIENDS OF HERRING RUN PARK
PO BOX 16167
BALTIMORE,MD21218
NONE   SUPPORTING GRANT 15,000

FRIENDS OF PATTERSON PARK
FRIENDS OF PATTERSON PARK
27 S PATTERSON PARK AVEN
BALTIMORE,MD21231
NONE   SUPPORTING GRANT 30,000

FRIENDS SCHOOL
FRIENDS SCHOOL
5114 N CHARLES STREET
BALTIMORE,MD21210
NONE   SUPPORTING GRANT 3,750

FUND FOR EDUCATIONAL EXCELLENCE
FUND FOR EDUCATIONAL EXCELLENCE
800 N CHARLES STREET 4
BALTIMORE,MD21201
NONE   SUPPORTING GRANT 105,000

FUSION PARTNERSHIP
FUSION PARTNERSHIP
1601 GUILFORD AVENUE
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 20,000

GREATER BAYBROOK ALLIANCE
GREATER BAYBROOK ALLIANCE
3430 2ND STREET
BALTIMORE,MD21225
NONE   SUPPORTING GRANT 100,000

GREATER REMINGTON IMPROVEMENT ASSN
GREATER REMINGTON IMPROVEMENT ASSN
335 W 27TH STREET
BALTIMORE,MD21211
NONE   SUPPORTING GRANT 25,000

HEALTHY NEIGHBORHOODS INC
HEALTHY NEIGHBORHOODS INC
11 E MT ROYAL AVENUE
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 70,000

HIPPODROME FOUNDATION
HIPPODROME FOUNDATION
416 WEST BALTIMORE STREET
BALTIMORE,MD21201
NONE   SUPPORTING GRANT 15,000

HORIZON DAY CAMP
HORIZON DAY CAMP
8 MARKET PLACE 331
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 1,500

HOUSE OF RUTH
HOUSE OF RUTH
2201 ARGONNE DRIVE
BALTIMORE,MD21218
NONE   SUPPORTING GRANT 500

IMPACT HUB
IMPACT HUB
10 E NORTH AVENUE SUITE 5
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 100,000

INNOVATION WORKS
INNOVATION WORKS
1400 GREENMOUNT AVENUE F
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 81,000

INTERNATIONAL RESCUE COMMITTEE
INTERNATIONAL RESCUE COMMITTEE
1900 N HOWARD STREET SU
BALTIMORE,MD21218
NONE   SUPPORTING GRANT 1,500

JOHNS HOPKINS UNIVERSITY
JOHNS HOPKINS UNIVERSITY
SUITE 242 GARLAND HALL
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 285,000

KENNDEY KRIEGER INSTITUTE
KENNEDY KRIEGER INSTITUTE
707 NORTH BROADWAY
BALTIMORE,MD21205
NONE   SUPPORTING GRANT 500

KIDS IN NEED OF DEFENSE
KIDS IN NEED OF DEFENSE
1201 L STREET NW FLOOR
WASHINGTON,DC20005
NONE   SUPPORTING GRANT 35,000

LEVELING THE PLAYING FIELD
LEVELING THE PLAYING FIELD
1794 UNION AVENUE
BALTIMORE,MD21211
NONE   SUPPORTING GRANT 38,000

LIFEBRIDGE HEALTH DEPT OF DVLPMT
LIFEBRIDGE HEALTH DEPT OF DEV
2401 W BELVEDERE AVE
BALTIMORE,MD21215
NONE   SUPPORTING GRANT 7,000

LIVE BALTIMORE
LIVE BALTIMORE
343 N CHARLES STREET 1S
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 130,000

LOYOLA UNIVERSITY MARYLAND
LOYOLA UNIVERSITY MD
4501 N CHARLES ST
BALTIMORE,MD21210
NONE   SUPPORTING GRANT 40,000

M&T BANK
M&T BANK
1 LIGHT STREET
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 358

MARIPOSA EDUCATION
MARIPOSA EDUCATION
5911 YORK ROAD 100
BALTIMORE,MD21212
NONE   SUPPORTING GRANT 20,000

MARYLAND BOOK BANK
MARYLAND BOOK BANK
1794 UNION AVENUE
BALTIMORE,MD21211
NONE   SUPPORTING GRANT 40,000

MARYLAND FOOD BANK
MARYLAND FOOD BANK
2200 HALETHORPE FARMS ROA
BALTIMORE,MD21227
NONE   SUPPORTING GRANT 1,000

MARYLAND PHILANTHROPHY NETWORK
MARYLAND PHILANTHROPHY NETWORK
1600 W 41ST STREET SUIT
BALTIMORE,MD21211
NONE   SUPPORTING GRANT 10,000

MD CENTER ON ECONOMIC POLICY
MD CENTER ON ECONOMIC POLICY
1800 N CHARLES STREET
BALTIMORE,MD21201
NONE   SUPPORTING GRANT 15,000

MD DELAWARE PRESS FOUNDATION
MD DELAWARE PRESS FOUNDATION
60 WEST 107
ANNAPOLIS,MD21401
NONE   SUPPORTING GRANT 5,000

MD INSTITUTE COLLEGE OF ART
MD INSTITUTE COLLEGE OF ART
1300 W MOUNT ROYAL AVENUE
BALTIMORE,MD21217
NONE   SUPPORTING GRANT 50,000

MONTGOMERY COLLEGE FOUNDATION
MONTGOMERY COLLEGE FOUNDATION
9221 CORPORATE BLVD 3RD F
ROCKVILLE,MD20850
NONE   SUPPORTING GRANT 5,000

MORGAN STATE UNIVERSITY FOUNDATION
MORGAN STATE UNIVERSITY FOUNDATION
1700 EAST COLD SPRING LAN
BALTIMORE,MD21251
NONE   SUPPORTING GRANT 285,000

NEIGHBORHOOD DESIGN CENTER
NEIGHBORHOOD DESIGN CENTER
120 W NORTH AVENUE
BALTIMORE,MD21201
NONE   SUPPORTING GRANT 40,000

NEIGHBORHOOD HOUSING SERVICES OF BA
NEIGHBORHOOD HOUSING SERVICES OF BA
25 E 20TH STREET SUITE
BALTIMORE,MD21218
NONE   SUPPORTING GRANT 50,000

NEXT ONE UP
NEXT ONE UP
502 WASHINGTON AVENUE
TOWSON,MD21204
NONE   SUPPORTING GRANT 50,000

NO BOUNDARIES COALITION
NO BOUNDARIES COALITION
1808 PENNSYLVANIA AVENUE
BALTIMORE,MD21217
NONE   SUPPORTING GRANT 70,000

OPEN WORKS
OPEN WORKS
1400 GREENMOUNT AVENUE F
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 30,000

PARK SCHOOL
PARK SCHOOL
2425 OLD COURT ROAD
BALTIMORE,MD21208
NONE   SUPPORTING GRANT 8,500

PARKS AND PEOPLE FOUNDATION INC
PARKS AND PEOPLE FOUNDATION INC
2100 LIBERTY HEIGHTS AVE
BALTIMORE,MD21217
NONE   SUPPORTING GRANT 53,095

PLANNED PARENTHOOD OF MARYLAND INC
PLANNED PARENTHOOD OF MARYLAND INC
330 N HOWARD STREET
BALTIMORE,MD21201
NONE   SUPPORTING GRANT 2,000

PLAYERS PHILANTHROPY FUND
PLAYERS PHILANTHROPY INC
10015 OLD COLUMBIA RD
COLUMBIA,MD21046
NONE   SUPPORTING GRANT 25,000

PRO BONO COUNSELING PROJECT
PRO BONO COUNSELING PROJECT
5900 METRO DRIVE
BALTIMORE,MD21215
NONE   SUPPORTING GRANT 20,000

PROJECT JUMP START
PROJECT JUMP START
2101 E BIDDLE ST STE 5000
BALTIMORE,MD21213
NONE   SUPPORTING GRANT 35,000

PROJECT OWN INC
PROJECT OWN INC
33 N CURLEY STREET
BALTIMORE,MD21224
NONE   SUPPORTING GRANT 30,000

REBUILD METRO INC
REBUILD METRO INC
1129 CAROLINE STREET
BALTIMORE,MD21213
NONE   SUPPORTING GRANT 170,000

RONALD MCDONALD HOUSE OF BALT
RONALD MCDONALD HOUSE OF BALTIMORE
1 AISQUITH STREET
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 1,500

SHAREBABY
SHAREBABY
1792 UNION AVENUE
BALTIMORE,MD21211
NONE   SUPPORTING GRANT 61,500

SOCCER WITHOUT BORDERS
SOCCER WITHOUT BORDERS
3700 EASTERN AVENUE
BALTIMORE,MD21224
NONE   SUPPORTING GRANT 45,000

SOUTH BALTIMORE COMM LAND TRUST
SOUTH BALTIMORE COMM LAND TRUST
PO BOX 19762
BALTIMORE,MD21225
  NONE SUPPORTING GRANT 1,500

SOUTHEAST COMMUNITY DEVELOPMENT COR
SOUTHEAST COMMUNITY DEVELOPMENT COR
36 S CHARLES STREET SUI
BALTIMORE,MD21201
NONE   SUPPORTING GRANT 125,000

SQUASHWISE
SQUASHWISE
2801 SISSON STREET
BALTIMORE,MD21211
NONE   SUPPORTING GRANT 40,000

TAHIRIH JUSTICE CENTER
TAHIRIH JUSTICE CENTER
211 E LOMBARD STREET ST
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 51,000

THE ASSOCIATED JEWISH COMMUNITY FED
THE ASSOCIATED JEWISH COMMUNITY FED
101 W MT ROYAL AVENUE
BALTIMORE,MD21201
NONE   SUPPORTING GRANT 287,000

THE BALTIMORE ABORTION FUND
THE BALTIMORE ABORTION FUND
1323 N CALVERT STREET
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 94,000

THE COMPOUND
THE COMPOUND
2239 KIRK AVENUE
BALTIMORE,MD21218
NONE   SUPPORTING GRANT 50,000

THE PEACE TEAM
THE PEACE TEAM
99001 DEHAVVILLAND WAY
MIDDLE RIVER,MD21220
NONE   SUPPORTING GRANT 25,000

THE SANCTUARY COLLECTIVE
THE SANCTUARY COLLECTIVE
1909 GREENBERRY ROAD
BALTIMORE,MD21209
NONE   SUPPORTING GRANT 12,000

THE SIXTH BRANCH
THE SIXTH BRANCH
1400 GREENMOUNT AVENUE F
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 60,000

THREAD
THREAD
PO BOX 1584
BALTIMORE,MD21203
NONE   SUPPORTING GRANT 80,000

TNTP
TNTP
500 7TH AVENUE 8TH FLOOR
NEW YORK,NY10018
NONE   SUPPORTING GRANT 115,000

TREND COMMUNITY DEVELOPMENT CORP
TREND COMMUNITY DEVELOPMENT CORP
30 W MONROE ST
CHICAGO,IL60603
NONE   SUPPORTING GRANT 75,000

TURNAROUND TUESDAY
TURNAROUND TUESDAY
1311 N CAROLINE STREET
BALTIMORE,MD21213
NONE   SUPPORTING GRANT 75,000

UMBC FOUNDATION
UMBC FOUNDATION
1000 HILLTOP CIRCLE
BALTIMORE,MD21250
NONE   SUPPORTING GRANT 60,000

UPLIFT ALLIANCE
UPLIFT ALLIANCE
220 ARCH STREET 14TH FLR
BALTIMORE,MD21201
NONE   SUPPORTING GRANT 50,000

UPSURGE BALTIMORE
UPSURGE BALTIMORE
1501 ST PAUL STREET STE 1
BALTIMORE,MD21202
NONE   SUPPORTING GRANT 50,000

WE ALL WILL RISE
WE ALL WILL RISE
PO BOX 24617
BALTIMORE,MD21214
NONE   SUPPORTING GRANT 50,000

WEEKEND BACKPACKS FOR HOMELESS KIDS
WEEKEND BACKPACKS FOR HOMELESS KIDS
PO BOX 21486
BALTIMORE,MD21282
NONE   SUPPORTING GRANT 500

WIDE ANGLE YOUTH MEDIA
WIDE ANGLE YOUTH MEDIA
2507 N HOWARD ST
BALTIMORE,MD21218
NONE   SUPPORTING GRANT 20,000

WYPR
WYPR
2216 N CHARLES STREET
BALTIMORE,MD21218
NONE   SUPPORTING GRANT 1,000
Total .................................right arrow 3a 5,680,953
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
         
4 Dividends and interest from securities ....     14 2,523,578  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
    14 10,007,263  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFROM PASS THRU ENTITIES
900003 155,344      
bFROM PASS THRU ENTITIES     14 -934,093  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 155,344 11,596,748  
13Total. Add line 12, columns (b), (d), and (e)..................
13
11,752,092
(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:
THE MORRIS GOLDSEKER FOUNDATION
 
OF MARYLAND INC
EIN:
52-0983502
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING & AUDIT 123,911 36,000   87,911

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE MORRIS GOLDSEKER FOUNDATION
 
OF MARYLAND INC
EIN:
52-0983502
Name of Bond End of Year Book Value End of Year Fair Market Value
VARIOUS CUSTODIANS 7,868,841 7,543,530

TY 2024 InvestmentsCorpStockSchedule
Name:
THE MORRIS GOLDSEKER FOUNDATION
 
OF MARYLAND INC
EIN:
52-0983502
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCK - VAR CUSTODIANS 47,281,986 73,644,546

TY 2024 InvestmentsOtherSchedule2
Name:
THE MORRIS GOLDSEKER FOUNDATION
 
OF MARYLAND INC
EIN:
52-0983502
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALTERNATIVE INVESTMENTS   29,696,976 47,511,833

TY 2024 OtherAssetsSchedule
Name:
THE MORRIS GOLDSEKER FOUNDATION
 
OF MARYLAND INC
EIN:
52-0983502
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
EXCISE TAX RECEIVABLE 179,148 24,259 24,259
PROGRAM RELATED LOANS   300,000 300,000


TY 2024 OtherDecreasesSchedule
Name:
THE MORRIS GOLDSEKER FOUNDATION
 
OF MARYLAND INC
EIN:
52-0983502
Description Amount
NONDEDUCTIBLE EXPENSES 920


TY 2024 OtherExpensesSchedule
Name:
THE MORRIS GOLDSEKER FOUNDATION
 
OF MARYLAND INC
EIN:
52-0983502
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
INSURANCE 22,820     22,820
OFFICE EXPENSES 52,930     52,930
DUES & SUBSCRIPTIONS 14,277     14,277
INVESTMENT MANAGER FEES 270,664 270,664    
ADVISORY FEES 147,000 147,000    


TY 2024 OtherIncomeSchedule2
Name:
THE MORRIS GOLDSEKER FOUNDATION
 
OF MARYLAND INC
EIN:
52-0983502
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FROM PASS THRU ENTITIES 155,344    
FROM PASS THRU ENTITIES -934,093 -934,093  


TY 2024 OtherIncreasesSchedule
Name:
THE MORRIS GOLDSEKER FOUNDATION
 
OF MARYLAND INC
EIN:
52-0983502
Description Amount
RECOVERY OF PRIOR YEAR GRANTS 20,000


TY 2024 OtherLiabilitiesSchedule
Name:
THE MORRIS GOLDSEKER FOUNDATION
 
OF MARYLAND INC
EIN:
52-0983502
Description Beginning of Year - Book Value End of Year - Book Value
ACCOUNTS PAYABLE   33,575


TY 2024 TaxesSchedule
Name:
THE MORRIS GOLDSEKER FOUNDATION
 
OF MARYLAND INC
EIN:
52-0983502
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 154,889