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 DEUTSCH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2444 WILSHIRE BLVD 600
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SANTA MONICA, CA90403
A Employer identification number

95-4610378
B Telephone number (see instructions)

(310) 453-0055
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$189,448,298J 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) 3,000,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,577,702 2,577,702  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 55,314,633
b Gross sales price for all assets on line 6a 40,153,456
7 Capital gain net income (from Part IV, line 2)... 24,015,942
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
0 2,123,585  
12 Total. Add lines 1 through 11........ 60,892,335 28,717,229  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 289,071 0   289,071
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
5,063 0   5,063
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
193,964 96,982   96,982
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,031,393 396,685   634,708
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
638,730 25,289   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 24,807 0   24,807
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
35,985 1,023,728   33,444
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,219,013 1,542,684   1,084,075
25 Contributions, gifts, grants paid....... 9,300,128 7,745,128
26 Total expenses and disbursements. Add lines 24 and 25 11,519,141 1,542,684   8,829,203
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 49,373,194
b Net investment income (if negative, enter -0-) 27,174,545
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.............      
2 Savings and temporary cash investments......... 683,435 7,378,918 7,378,918
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) 14,218,541 Click to see attachment
List of Attached Documents:
// Content
15,651,325 		15,651,325
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
74,471,135 		74,471,135
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
16,286,875 		16,286,875
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).......... 163,968,849 Click to see attachment
List of Attached Documents:
// Content
70,619,903 		70,619,903
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
114,374 		Click to see attachment
List of Attached Documents:
// Content
5,040,142 		Click to see attachment
List of Attached Documents:
// Content
5,040,142
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 178,985,199 189,448,298 189,448,298
Liabilities 17 Accounts payable and accrued expenses.......... 78,284 80,825
18 Grants payable.................   1,555,000
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
1,052,358 		Click to see attachment
List of Attached Documents:
// Content
989,575
23 Total liabilities (add lines 17 through 22)......... 1,130,642 2,625,400
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........... 177,854,557 186,822,898
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)..... 177,854,557 186,822,898
30 Total liabilities and net assets/fund balances (see instructions). 178,985,199 189,448,298
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
177,854,557
2
Enter amount from Part I, line 27a .....................
2
49,373,194
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
227,227,751
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
40,404,853
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
186,822,898
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS FROM PARTNERSHIPS P    
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 40,153,456   30,688,904 9,464,552
b       14,551,390
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       9,464,552
b       14,551,390
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 24,015,942
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 377,726
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........................... 3 377,726
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- ..... 5 377,726
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 249,359
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 115,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 364,359
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
8 737
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 14,104
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
Yes
 
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 arrowCA
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowKRISTINA DEUTSCH Telephone no.right arrow (310) 453-0055

Located atright arrow2444 WILSHIRE BLVD SUITE 600SANTA MONICACA ZIP+4right arrow90403
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
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
CARL DEUTSCH PRESIDENT
1.00 		0 0 0
2444 WILSHIRE BLVD SUITE 600
SANTA MONICA,CA90403
KRISTINA DEUTSCH SECRETARY
1.00 		0 0 0
2444 WILSHIRE BLVD SUITE 600
SANTA MONICA,CA90403
JANIS MINTON TRUSTEE
1.00 		130,000 0 0
2444 WILSHIRE BLVD SUITE 600
SANTA MONICA,CA90403
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
GABRIEL DEE PROGRAM OFFICER
40.00 		121,386 0 0
2444 WILSHIRE BLVD SUITE 600
SANTA MONICA,CA90403
JACQUELINE CHUN CHIEF PROGRAMS & OPE
40.00 		99,606 0 0
2444 WILSHIRE BLVD SUITE 600
SANTA MONICA,CA90403
KELLY LI LUU ADMINISTRATIVE ASSIS
40.00 		68,078 0 0
2444 WILSHIRE BLVD SUITE 600
SANTA MONICA,CA90403
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
GOLDMAN SACHS AND CO LLC INVESTMENT MANAGEMENT 299,997
10100 SANTA MONICA BOULEVARD SUITE
2600
LOS ANGELES,CA90067
JMC PHILANTHROPIC ADVISORS CONSULTING 225,000
2444 WILSHIRE BLVD 622
SANTA MONICA,CA90403
DELOITTE & TOUCHE LLP PROFESSIONAL FEES 193,964
555 W 5TH STREET SUITE 2700
LOS ANGELES,CA90013
ELANA WIEN LLC CONSULTING 110,000
8605 SANTA MONICA BLVD 676602
WEST HOLLYWOOD,CA90069
BLUE GARNET CONSULTING 99,250
8055 WEST MANCHESTER AVENUE SUITE
430
LOS ANGELES,CA90293
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
102,677,688
b
Average of monthly cash balances.......................
1b
3,579,190
c
Fair market value of all other assets (see instructions)................
1c
57,785,883
d
Total (add lines 1a, b, and c).........................
1d
164,042,761
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
164,042,761
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,460,641
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
161,582,120
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
8,079,106
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
8,079,106
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
377,726
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
377,726
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,701,380
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
7,701,380
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
7,701,380
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
8,829,203
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
8,829,203
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 7,701,380
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022...... 446,495
e From 2023...... 1,750,543
f Total of lines 3a through e ........ 2,197,038
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 8,829,203
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		Click to see attachment
List of Attached Documents:
// Content
0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 7,701,380
e Remaining amount distributed out of corpus 1,127,823
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 3,324,861
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		3,324,861
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 446,495
d Excess from 2023.... 1,750,543
e Excess from 2024.... 1,127,823
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).)
CARL DEUTSCH
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

24TH STREET THEATRE COMPANY

1117 WEST 24TH STREET
LOS ANGELES,CA90007 		NONE PC GENERAL OPERATING SUPPORT 60,000

A SENSE OF HOME

3457 W EL SEGUNDO BLVD UNIT A
HAWTHORNE,CA90250 		NONE PC GENERAL OPERATING SUPPORT 25,000

ADVANCEMENT THROUGH OPPORTUNITY AND KNOWLEDGE

1200 W 37TH PL
LOS ANGELES,CA90007 		NONE PC GENERAL OPERATING SUPPORT 100,000

ALLIES FOR EVERY CHILD INC

5721 W SLAUSON AVE 140
CULVER CITY,CA90230 		NONE PC GENERAL OPERATING SUPPORT 100,000

CALIFORNIA COMMUNITY FOUNDATION

717 W TEMPLE ST
LOS ANGELES,CA90012 		NONE PC GENERAL OPERATING SUPPORT 100,000

CALIFORNIA HWY PATROL 11-99 FOUNDATION

3188 AIRWAY AVE STE C
COSTA MESA,CA92626 		NONE PC GENERAL OPERATING SUPPORT 1,000

CALIFORNIA WILDLIFE CENTER

PO BOX 2022
MALIBU,CA90265 		NONE PC GENERAL OPERATING SUPPORT 5,000

CASA OF LOS ANGELES

201 CENTRE PLAZA DRIVE 1100
MONTEREY PARK,CA91754 		NONE PC GENERAL OPERATING SUPPORT 95,000

CATALYST CALIFORNIA

1910 W SUNSET BLVD STE 500
LOS ANGELES,CA90026 		NONE PC GENERAL OPERATING SUPPORT 5,000

CATHOLIC CHARITIES OF LOS ANGELES INC

1531 JAMES M WOOD BLVD
LOS ANGELES,CA90015 		NONE PC GENERAL OPERATING SUPPORT 75,000

CCF COMMUNITY INITIATIVES FUND

717 W TEMPLE STREET
LOS ANGELES,CA90012 		NONE PC GENERAL OPERATING SUPPORT 160,000

CHILDRENS BUREAU

1910 MAGNOLIA AVE
LOS ANGELES,CA90007 		NONE PC GENERAL OPERATING SUPPORT 100,000

CHILDREN'S INSTITUTE INC

2121 WEST TEMPLE STREET
LOS ANGELES,CA90026 		NONE PC GENERAL OPERATING SUPPORT 115,000

CHRYSALIS CENTER

522 SOUTH MAIN STREET
LOS ANGELES,CA90013 		NONE PC GENERAL OPERATING SUPPORT 87,000

CITY OF HOPE

1500 EASTE DUARTE ROAD
DUARTE,CA91010 		NONE PC GENERAL OPERATING SUPPORT 10,000

COALITION FOR RESPONSIBLE COMMUNITY DEVELOPMENT

7101 SOUTH GRAND AVE UNIT 54249
LOS ANGELES,CA90054 		NONE PC GENERAL OPERATING SUPPORT 555,128

DOWNTOWN WOMEN'S CENTER

442 SOUTH SAN PEDRO STREET
LOS ANGELES,CA90013 		NONE PC GENERAL OPERATING SUPPORT 125,000

ETM-LA INC

2501 W BURBANK BLVD 301
BURBANK,CA91505 		NONE PC GENERAL OPERATING SUPPORT 100,000

EVERYCHILD FOUNDATION

PO BOX 1808
PACIFIC PALISADES,CA90272 		NONE PC GENERAL OPERATING SUPPORT 12,000

EXCEPTIONAL CHILDREN'S FOUNDATION

5350 MACHADO ROAD
CULVER CITY,CA90230 		NONE PC GENERAL OPERATING SUPPORT 35,000

FAMILY HOPE DBA ELIZABETH HOUSE

PO BOX 94077
PASADENA,CA91109 		NONE PC GENERAL OPERATING SUPPORT 75,000

FERNANDO POLLUM COMMUNITY ARTS CENTER

PO BOX 561528
LOS ANGELES,CA90056 		NONE PC GENERAL OPERATING SUPPORT 20,000

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

PO BOX 770001
CINCINNATI,OH45277 		NONE PC GENERAL OPERATING SUPPORT 100,000

FIRST PLACE FOR YOUTH

PO BOX 848010
LOS ANGELES,CA90084 		NONE PC GENERAL OPERATING SUPPORT 100,000

FOSTERING MEDIA CONNECTIONS

PO BOX 861928
LOS ANGELES,CA90086 		NONE PC GENERAL OPERATING SUPPORT 75,000

FOUNTAIN THEATRE

5060 FOUNTAIN AVENUE
LOS ANGELES,CA90029 		NONE PC GENERAL OPERATING SUPPORT 40,000

FRIENDS OF CABRILLO MARINE AQUARIUM

3720 STEPHEN M WHITE DRIVE
SAN PEDRO,CA90731 		NONE PC GENERAL OPERATING SUPPORT 10,000

FULCRUM ARTS

145 N RAYMOND AVE
PASADENA,CA91103 		NONE PC GENERAL OPERATING SUPPORT 150,000

FULFILLMENT FUND

1150 S OLIVE ST STE 2050
LOS ANGELES,CA90015 		NONE PC GENERAL OPERATING SUPPORT 75,000

HARMONY PROJECT

325 N LARCHMONT BLVD 604
LOS ANGELES,CA90004 		NONE PC GENERAL OPERATING SUPPORT 100,000

HATHAWAY-SYCAMORES CHILD & FAMILY SERVICES

840 NORTH AVENUE 66
LOS ANGELES,CA90042 		NONE PC GENERAL OPERATING SUPPORT 120,000

HAVEN SERVICES

3655 S GRAND AVE STE 240
LOS ANGELES,CA90007 		NONE PC GENERAL OPERATING SUPPORT 25,000

HILLSIDES

940 AVENUE 64
LOS ANGELES,CA91105 		NONE PC GENERAL OPERATING SUPPORT 100,000

HOLOCAUST MUSEUM LA

100 THE GROVE DRIVE
LOS ANGELES,CA90036 		NONE PC GENERAL OPERATING SUPPORT 1,000,000

HOMEBOY INDUSTRIES

130 WEST BRUNO STREET
LOS ANGELES,CA90012 		NONE PC GENERAL OPERATING SUPPORT 175,000

KOREATOWN YOUTH AND COMMUNITY CENTER

3727 WEST SIXTH STREET
LOS ANGELES,CA90020 		NONE PC GENERAL OPERATING SUPPORT 100,000

LAKE AVENUE COMMUNITY FOUNDATION

500 E VILLA ST
PASADENA,CA91101 		NONE PC GENERAL OPERATING SUPPORT 85,000

LEADERSUP

PO BOX 862190
LOS ANGELES,CA90086 		NONE PC GENERAL OPERATING SUPPORT 150,000

LONG BEACH DAY NURSERY

1548 CHESTNUT AVENUE
LONG BEACH,CA90813 		NONE PC GENERAL OPERATING SUPPORT 125,000

LOS ANGELES JEWISH HEALTH

7150 TAMPA AVENUE
RESEDA,CA91335 		NONE PC GENERAL OPERATING SUPPORT 15,000

LOS ANGELES LGBT CENTER

PO BOX 2988
LOS ANGELES,CA90078 		NONE PC GENERAL OPERATING SUPPORT 150,000

LOS ANGELES YOUTH NETWORK

1754 TAFT AVENUE
LOS ANGELES,CA90028 		NONE PC GENERAL OPERATING SUPPORT 155,000

ONE VOICE

1228 15TH ST STE C
SANTA MONICA,CA90404 		NONE PC GENERAL OPERATING SUPPORT 70,000

OREGON COMMUNITY FOUNDATION

1221 SOUTHWEST YAMHILL STREET SUITE
100
PORTLAND,OR97205 		NONE PC GENERAL OPERATING SUPPORT 100,000

PACIFIC LEGAL FOUNDATION

555 CAPITAL MALL SUITE 1290
SACRAMENTO,CA95814 		NONE PC GENERAL OPERATING SUPPORT 50,000

PARTNERS FOR CHILDREN SOUTH LA

301 N PRAIRIE AVE STE 515
INGLEWOOD,CA90301 		NONE PC GENERAL OPERATING SUPPORT 120,000

PARTNERS FOR PEDIATRIC VISION

6285 E SPRING ST 370
LONG BEACH,CA90808 		NONE PC GENERAL OPERATING SUPPORT 20,000

PASADENA CONSERVATORY OF MUSIC

100 N HILL AVE
PASADENA,CA91106 		NONE PC GENERAL OPERATING SUPPORT 25,000

PAWS FOR LIFE K9 RESCUE

100-190 RANCHO RD SUITE 365
THOUSAND OAKS,CA91362 		NONE PC GENERAL OPERATING SUPPORT 10,000

PEOPLE CONCERN

2116 ARLINGTON AVENUE 100
LOS ANGELES,CA90018 		NONE PC GENERAL OPERATING SUPPORT 300,000

PROVIDENCE ST JOHN'S HEALTH CENTER

2121 SANTA MONICA BLVD
SANTA MONICA,CA90404 		NONE PC GENERAL OPERATING SUPPORT 80,000

PS SCIENCE

1000 W HILLCREST BLVD
INGLEWOOD,CA90301 		NONE PC GENERAL OPERATING SUPPORT 25,000

PUENTE LEARNING CENTER

501 S BOYLE AVE
LOS ANGELES,CA90033 		NONE PC GENERAL OPERATING SUPPORT 100,000

SAFE PLACE FOR YOUTH

578 WASHINGTON BLVD 398
MARINA DEL REY,CA90292 		NONE PC GENERAL OPERATING SUPPORT 100,000

SELAH NEIGHBORHOOD HOMELESS COALITION

2658 GRIFFITH PARK BLVD 194
LOS ANGELES,CA90039 		NONE PC GENERAL OPERATING SUPPORT 25,000

SKIRBALL CULTURAL CENTER

2701 NORTH SEPULVEDA BOULEVARD
LOS ANGELES,CA90047 		NONE PC GENERAL OPERATING SUPPORT 250,000

SOCIAL AND ENVIRONMENTAL ENTREPRENEURS

23564 CALABASAS RD STE 201
CALABASAS,CA91302 		NONE PC GENERAL OPERATING SUPPORT 25,000

SOUTH CENTRAL LOS ANGELES MINISTRY PROJECT

892 E 48TH STREET
LOS ANGELES,CA90011 		NONE PC GENERAL OPERATING SUPPORT 80,000

SOUTHERN CALIFORNIA GRANTMAKERS

1000 NORTH ALAMEDA STREET SUITE 230
LOS ANGELES,CA90012 		NONE PC GENERAL OPERATING SUPPORT 250,000

ST ANNE'S MATERNITY HOME

155 NORTH OCCIDENTAL BOULEVARD
LOS ANGELES,CA90026 		NONE PC GENERAL OPERATING SUPPORT 125,000

STREET POETS

2116 ARLINGTON AVENUE SUITE 310
LOS ANGELES,CA90018 		NONE PC GENERAL OPERATING SUPPORT 40,000

STUDENT MOJO

1562 N LOS ROBLES AVE
PASADENA,CA91104 		NONE PC GENERAL OPERATING SUPPORT 20,000

THE ALLIANCE FOR CHILDRENS RIGHTS

4525 WILSHIRE BOULEVARD SUITE 150
LOS ANGELES,CA90010 		NONE PC GENERAL OPERATING SUPPORT 125,000

THE MAPLE COUNSELING CENTER

1945 S LA CIENEGA BLVD
LOS ANGELES,CA90034 		NONE PC GENERAL OPERATING SUPPORT 25,000

THE WOODEN FLOOR FOR YOUTH MOVEMENT

1810 N MAIN ST
SANTA ANA,CA92706 		NONE PC GENERAL OPERATING SUPPORT 115,000

UCLA FOUNDATION

PO BOX 7145
LOS ANGELES,CA91109 		NONE PC GENERAL OPERATING SUPPORT 90,000

UCLA JONSSON CANCER CENTER FOUNDATION

8-950 FACTOR BLDG BOX 951780
LOS ANGELES,CA90095 		NONE PC GENERAL OPERATING SUPPORT 150,000

UNION STATION HOMELESS SERVICES

825 EAST ORANGE GROVE BOULEVARD
PASADENA,CA91104 		NONE PC GENERAL OPERATING SUPPORT 100,000

UNITE LA

PO BOX 841903
LOS ANGELES,CA90084 		NONE PC GENERAL OPERATING SUPPORT 100,000

UNITED FRIENDS OF THE CHILDREN

1055 WILSHIRE BOULEVARD SUITE 1550
LOS ANGELES,CA90017 		NONE PC GENERAL OPERATING SUPPORT 140,000

VENICE FAMILY CLINIC

604 ROSE AVE
VENICE,CA90291 		NONE PC GENERAL OPERATING SUPPORT 150,000

WAYFINDER FAMILY SERVICES

5300 ANGELES VISTA BLVD
LOS ANGELES,CA90043 		NONE PC GENERAL OPERATING SUPPORT 100,000

YMCA OF METROPOLITAN LOS ANGELES

4301 W 3RD ST
LOS ANGELES,CA90020 		NONE PC GENERAL OPERATING SUPPORT 25,000
Total .................................right arrow 3a 7,745,128
bApproved for future payment

COALITION FOR RESPONSIBLE COMMUNITY DEVELOPMENT
7101 SOUTH GRAND AVE UNIT 54249
LOS ANGELES,CA90054 		NONE PC GENERAL OPERATING SUPPORT 100,000

COMMUNITY PARTNERS
1000 NORTH ALAMEDA ST 240
LOS ANGELES,CA90012 		NONE PC GENERAL OPERATING SUPPORT 150,000

GOODWILL INDUSTRIES OF SOUTHERN CALIFORNIA
342 NORTH SAN FERNANDO ROAD
LOS ANGELES,CA90031 		NONE PC GENERAL OPERATING SUPPORT 140,000

HEART OF LOS ANGELES YOUTH INC
2701 WILSHIRE BOULEVARD SUITE 100
LOS ANGELES,CA90057 		NONE PC GENERAL OPERATING SUPPORT 70,000

JOVENES INC
1208 PLEASANT AVENUE
LOS ANGELES,CA90033 		NONE PC GENERAL OPERATING SUPPORT 120,000

JVS SOCAL
6505 WILSHIRE BOULEVARD SUITE 200
LOS ANGELES,CA90048 		NONE PC GENERAL OPERATING SUPPORT 125,000

PS ARTS
2121 WEST TEMPLE STREET
LOS ANGELES,CA90026 		NONE PC GENERAL OPERATING SUPPORT 85,000

PEOPLE ASSISTING THE HOMELESS
340 NORTH MADISON AVENUE 100
LOS ANGELES,CA90004 		NONE PC GENERAL OPERATING SUPPORT 125,000

PUBLIC COUNSEL
610 SOUTH ARDMORE AVENUE
LOS ANGELES,CA90005 		NONE PC GENERAL OPERATING SUPPORT 90,000

REDF
150 SUTTER STREET 267
SAN FRANCISCO,CA94104 		NONE PC GENERAL OPERATING SUPPORT 80,000

SALVATION ARMY
16941 KEEGAN AVE
CARSON,CA90746 		NONE PC GENERAL OPERATING SUPPORT 125,000

SANCTUARY OF HOPE
PO BOX 431038
LOS ANGELES,CA90043 		NONE PC GENERAL OPERATING SUPPORT 75,000

SHIELDS FOR FAMILIES INC
11601 S WESTERN AVE
LOS ANGELES,CA90049 		NONE PC GENERAL OPERATING SUPPORT 135,000

SPECIAL SERVICE FOR GROUPS INC
905 E 8TH STREET
LOS ANGELES,CA90021 		NONE PC GENERAL OPERATING SUPPORT 100,000

UNITED STATES VETERANS INITIATIVE
800 WEST 6TH STREET SUITE 1505
LOS ANGELES,CA90017 		NONE PC GENERAL OPERATING SUPPORT 115,000
Total ................................. right arrow 3b 1,635,000
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 2,577,702  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 55,314,633  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 57,892,335 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
57,892,335
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE DEUTSCH FOUNDATION
 
Employer identification number

95-4610378
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE DEUTSCH FOUNDATION
  		Employer identification number
95-4610378
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
CARL DEUTSCH
2444 WILSHIRE BOULEVARD
 
SANTA MONICA, CA90403

$ 3,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE DEUTSCH FOUNDATION
  		Employer identification number

95-4610378
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE DEUTSCH FOUNDATION
  		Employer identification number

95-4610378
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 193,964 96,982   96,982

TY 2024 AppliedToPriorYearElection
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
Election:
PURSUANT TO CODE SECTION 4942(H)(2) AND REG. SEC. 53.4942(A)-3(D)(2), THE CARL AND ROBERTA DEUTSCH FOUNDATION ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS COMING FROM PRIOR YEAR'S UNDISTRIBUTED INCOME AS FOLLOWS:12/31/2010: $17,400AUTHORIZED SIGNATURE

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
Name of Bond End of Year Book Value End of Year Fair Market Value
ONEOK, INC. 5.0% 03/01/2026 USD SR LIEN NEXT CALL DT. 12 01 69,243 69,243
BUNGE LIMITED FINANCE CORP. 3.25% 08/15/2026 USD SR 165,188 165,188
SHIRE ACQUISITIONS INVESTMENTS 3.2% 09/23/2026 USD SR 2,958 2,958
BAXTER INTERNATIONAL INC 1.915% 02/01/2027 USD SR 59,881 59,881
SABINE PASS LIQUEFACTION, LLC 5.0% 03/15/2027 USD SER 120,996 120,996
B.A.T. CAPITAL CORPORATION 4.7% 04/02/2027 USD SR LIEN 60,442 60,442
NEXTERA ENERGY CAPITAL 3.55% 05/01/2027 USD SR LIEN 133,327 133,327
ROYAL BANK OF CANADA MTN 3.625% 05/04/2027 USD SR 79,608 79,608
INTERNATIONAL BUSINESS MACHINE 1.7% 05/15/2027 USD 108,565 108,565
ENERGY TRANSFER OPERATNG 5.5% 06/01/2027 USD SER * 72,231 72,231
TORONTO-DOMINION BANK (THE) MTN 4.108% 06/08/2027 183,453 183,453
CARDINAL HEALTH, INC. 3.41% 06/15/2027 53,383 53,383
SIMON PROPERTY GROUP LP 3.375% 06/15/2027 133,427 133,427
COSTCO WHOLESALE CORP 1.375% 06/20/2027 292,051 292,051
MORGAN STANLEY HYBRID MTN 07/20/2027 201,984 201,984
AMERICAN EXPRESS CO HYBRID 07/28/2027 187,140 187,140
CROWN CASTLE INTL CORP 3.65% 09/01/2027 80,504 80,504
BANCO SANTANDER, S.A. HYBRID 09/14/2027 190,080 190,080
INTERCONTINENTAL EXCHANGE, INC 4.0% 09/15/2027 70,541 70,541
JPMORGAN CHASE & CO. HYBRID 09/22/2027 189,068 189,068
KELLOGG CO 3.4% 11/15/2027 79,491 79,491
AIR LEASE CORPORATION 5.85% 12/15/2027 121,251 121,251
AERCAP IRELAND CAPITAL DESIGNA 3.875% 01/23/2028 USD 165,555 165,555
BANK OF AMERICA CORPORATION HYBRID MTN 188,932 188,932
TELEDYNE TECHNOLOGIES IN 2.25% 165,821 165,821
MORGAN STANLEY HYBRID 04/20/2028 USD SR LIEN CPN 183,857 183,857
BARCLAYS PLC HYBRID 08/09/2028 USD SR LIEN CPN 224,015 224,015
OTIS WORLDWIDE CORPORATION 5.25% 08/16/2028 USD SR 167,187 167,187
HSBC HOLDINGS PLC HYBRID 09/22/2028 USD SR LIEN CPN 198,525 198,525
BANK OF NEW YORK MELLON CORPOR HYBRID MTN 181,506 181,506
CITIGROUP INC. HYBRID 10/27/2028 USD SR LIEN CPN 144,324 144,324
STATE STREET CORPORATION HYBRID 11/04/2028 USD SR 181,604 181,604
JM SMUCKER CO 5.9% 11/15/2028 USD SR LIEN NEXT CALL DT. 77,232 77,232
AMERIPRISE FINANCIAL, INC. 5.7% 12/15/2028 USD SR LIEN 128,054 128,054
TRUIST FINANCIAL CORPORATION HYBRID MTN 01/26/2029 61,974 61,974
PHILIP MORRIS INTERNATIONAL IN 4.875% 02/13/2029 USD 85,457 85,457
CUMMINS INC. 4.9% 02/20/2029 USD SR LIEN NEXT CALL DT. 01 185,350 185,350
AON NORTH AMERICA, INC. 5.15% 03/01/2029 USD SR LIEN 105,099 105,099
DTE ENERGY COMPANY 5.1% 03/01/2029 USD SR LIEN NEXT 120,266 120,266
EVERSOURCE ENERGY 4.25% 04/01/2029 USD SER O SR LIEN 78,126 78,126
REPUBLIC SERVICES INC 4.875% 04/01/2029 USD SR LIEN 217,083 217,083
ENBRIDGE INC 5.3% 04/05/2029 USD SR LIEN NEXT CALL DT. 03 217,897 217,897
CANADIAN IMPERIAL BANK OF COMM 5.26% 04/08/2029 USD 279,496 279,496
THE CIGNA GROUP 5.0% 05/15/2029 USD SR LIEN NEXT CALL 104,605 104,605
L3HARRIS TECH INC 5.05% 06/01/2029 USD SR LIEN NEXT CALL 161,623 161,623
PNC FINANCIAL SERVICES HYBRID 06/12/2029 USD SR LIEN 60,199 60,199
U.S. BANCORP HYBRID 06/12/2029 USD SR LIEN CPN 06/12/23 60,523 60,523
NXP BV/NXP FDG/NXP USA 4.3% 06/18/2029 USD SR LIEN 111,816 111,816
BANK OF AMERICA CORPORATION HYBRID MTN 02/07/2030 195,900 195,900
EBAY INC 2.7% 03/11/2030 USD SR LIEN NEXT CALL DT. 12 11 29 106,855 106,855
ING GROEP NV HYBRID 03/19/2030 USD SR LIEN CPN 03/19/24 273,089 273,089
CITIGROUP INC. HYBRID 03/20/2030 USD SR LIEN CPN 130,431 130,431
VERIZON COMMUNICATIONS, INC. 3.15% 03/22/2030 USD 105,350 105,350
FOX CORP 3.5% 04/08/2030 USD SR LIEN NEXT CALL DT. 01 08 78,746 78,746
NXP BV/NXP FDG/NXP USA 3.4% 05/01/2030 USD SR LIEN 105,352 105,352
CLOROX COMPANY (THE) 1.8% 05/15/2030 USD SR LIEN NEXT 105,767 105,767
RELX CAPITAL INC 3.0% 05/22/2030 USD SR LIEN NEXT CALL DT. 216,023 216,023
MIZUHO FINANCIAL GROUP, INC. HYBRID 05/26/2030 USD SR 270,093 270,093
PHILIP MORRIS INTL INC 5.5% 09/07/2030 USD SR LIEN NEXT 113,524 113,524
GENERAL MOTORS FINL CO 5.75% 02/08/2031 USD SR LIEN 79,777 79,777
CIGNA CORP 2.375% 03/15/2031 USD SR LIEN NEXT CALL DT. 12 113,574 113,574
LOWE'S COS INC 2.625% 04/01/2031 USD SR LIEN NEXT CALL 104,209 104,209
CVS HEALTH CORP 5.25% 02/21/2033 USD SR LIEN NEXT CALL 76,271 76,271
HUMANA INC. 5.875% 03/01/2033 USD SR LIEN NEXT CALL DT. 77,776 77,776
FISERV INC 5.6% 03/02/2033 USD SR LIEN NEXT CALL DT. 12 02 79,460 79,460
NATIONAL GRID PLC 5.809% 06/12/2033 USD SR LIEN NEXT 209,858 209,858
AT&T INC. 5.4% 02/15/2034 USD SR LIEN NEXT CALL DT. 11 15 136,216 136,216
CARDINAL HEALTH, INC. 5.45% 02/15/2034 USD SR LIEN NEXT 108,841 108,841
DOW CHEMICAL CO/THE 5.15% 02/15/2034 USD SR LIEN NEXT 211,480 211,480
REALTY INCOME CORP 5.125% 02/15/2034 USD SR LIEN NEXT 240,860 240,860
INTEL CORPORATION 5.15% 02/21/2034 USD SR LIEN NEXT 250,431 250,431
ALEXANDRIA REAL ESTATE EQUITIE 4.75% 04/15/2035 USD SR 109,061 109,061
ORACLE CORPORATION 3.9% 05/15/2035 USD SR LIEN NEXT 70,505 70,505
COMCAST CORPORATION 5.65% 06/15/2035 SR LIEN S&P A- 231,323 231,323
DOMINION RESOURCES, INC. 5.95% 06/15/2035 SER B SR 106,198 106,198
TRANSCANADA PIPELINES LIMITED 5.85% 03/15/2036 SR 210,304 210,304
ADOBE SYSTEMS INCORPORATED 3.25% 02/01/2025 SR LIEN 168,021 168,021
CREDIT SUISSE NEW YORK MTN 3.7% 02/21/2025 SER FXD SR 317,567 317,567
AIR LEASE CORPORATION 3.25% 03/01/2025 SR LIEN NEXT CALL 255,017 255,017
MITSUBISHI UFJ FINANCIAL GROUP 3.777% 03/02/2025 SR 104,070 104,070
HONDA MOTOR CO., LTD. 2.271% 03/10/2025 SR LIEN NEXT 125,413 125,413
ENERGY TRANSFER PARTNERS, L.P. 4.05% 03/15/2025 SR LIEN 298,956 298,956
IBERDROLA INTERNATIONAL B.V. 5.81% 03/15/2025 SR LIEN 254,584 254,584
EOG RESOURCES INC 3.15% 04/01/2025 SR LIEN NEXT CALL DT. 75,303 75,303
CANADIAN IMPERIAL BANK OF COMM 3.3% 04/07/2025 SR 102,400 102,400
GENERAL MOTORS FINANCIAL COMPA 3.8% 04/07/2025 SR 81,463 81,463
REALTY INCOME CORPORATION 3.875% 04/15/2025 SR LIEN 102,587 102,587
CITIGROUP INC. 3.3% 04/27/2025 SR LIEN S&P BBB+ /MOODY'S 123,129 123,129
NXP BV/NXP FDG/NXP USA 2.7% 05/01/2025 SER WI SR LIEN 124,693 124,693
ABBVIE INC. 3.6% 05/14/2025 SR LIEN NEXT CALL DT. 02 14 25 21,012 21,012
INTERCONTINENTAL EXCHANGE, INC 3.65% 05/23/2025 SR 122,881 122,881
AMERICAN TOWER CORPORATION 4.0% 06/01/2025 SR LIEN 101,864 101,864
AVALONBAY COMMUNITIES, INC. MTN 3.45% 06/01/2025 SR 211,463 211,463
FISERV, INC. 3.85% 06/01/2025 SR LIEN NEXT CALL DT. 03 01 25 41,931 41,931
MPLX LP 4.875% 06/01/2025 SER WI SR LIEN NEXT CALL DT. 03 20,068 20,068
BANK OF NOVA SCOTIA (THE) 5.45% 06/12/2025 SR LIEN S&P 208,231 208,231
REYNOLDS AMERICAN INC 4.45% 06/12/2025 SR LIEN NEXT 38,984 38,984
BAXALTA INCORPORATED 4.0% 06/23/2025 SER WI SR LIEN 280,300 280,300
CROWN CASTLE INTL CORP 1.35% 07/15/2025 USD SR LIEN 305,990 305,990
MITSUBISHI UFJ FIN GRP 1.412% 07/17/2025 USD SR LIEN 216,552 216,552
MORGAN STANLEY MTN 4.0% 07/23/2025 USD SR LIEN S&P 230,052 230,052
INTEL CORPORATION 3.7% 07/29/2025 USD SR LIEN NEXT CALL 179,592 179,592
AMERICAN EXPRESS CO 3.95% 08/01/2025 USD SR LIEN NEXT 109,344 109,344
TRUIST FINANCIAL CORP MTN 1.2% 08/05/2025 USD SR LIEN 128,017 128,017
BUNGE LIMITED FINANCE CORP. 1.63% 08/17/2025 USD SR 127,336 127,336
BANCO SANTANDER SA 5.147% 08/18/2025 USD SR LIEN S&P 203,989 203,989
AUTONATION INC 4.5% 10/01/2025 USD SR LIEN NEXT CALL DT 213,562 213,562
BARCLAYS PLC 4.375% 01/12/2026 USD SR LIEN S&P BBB+ 254,988 254,988
CITIGROUP INC. 3.7% 01/12/2026 USD SR LIEN SETUP 130,953 130,953
CIGNA GROUP (THE) 5.685% 03/15/2026 USD SR LIEN S&P A- 378,351 378,351

TY 2024 InvestmentsCorpStockSchedule
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
Name of Stock End of Year Book Value End of Year Fair Market Value
ACADIA HEALTHCARE COMPANY INC CMN (ACHC) 32,632 32,632
ACCURAY INCORPORATED CMN (ARAY) 6,461 6,461
ADEIA INC. CMN (ADEA) 26,366 26,366
ALIGHT INC CMN (ALIT) 19,729 19,729
ALLETE, INC. CMN (ALE) 26,438 26,438
AMNEAL NEWCO INC. CMN (AMRX) 16,078 16,078
ARCOSA INC CMN (ACA) 34,826 34,826
ATMOS ENERGY CORPORATION CMN (ATO) 36,489 36,489
ATRICURE, INC CMN (ATRC) 16,441 16,441
AVANOS MEDICAL INC CMN (AVNS) 9,632 9,632
AVERY DENNISON CORPORATION CMN (AVY) 50,151 50,151
BABCOCK & WILCOX ENTERPRISES, CMN (BW) 5,822 5,822
BANC OF CALIFORNIA INC CMN (BANC) 24,749 24,749
BLOOM ENERGY CORP CMN CLASS A (BE) 21,988 21,988
BOX, INC. CMN CLASS A (BOX) 17,412 17,412
BREAD FINANCIAL HOLDINGS INC CMN (BFH) 17,219 17,219
CALERES, INC CMN (CAL) 10,755 10,755
CANNAE HOLDINGS, INC. CMN (CNNE) 7,467 7,467
CEVA, INC. CMN (CEVA) 14,355 14,355
CHARLES RIVER LABORATORIES INT CMN (CRL) 21,967 21,967
CIENA CORPORATION CMN (CIEN) 88,711 88,711
CLEAN HARBORS INC CMN (CLH) 23,244 23,244
CLEVELAND-CLIFFS INC. CMN (CLF) 21,864 21,864
CNX RESOURCES CORP CMN (CNX) 38,210 38,210
COHERENT CORP CMN (COHR) 18,567 18,567
CONDUENT INCORPORATED CMN (CNDT) 30,870 30,870
CONMED CORPORATION CMN (CNMD) 12,685 12,685
CYTOSORBENTS CORPORATION CMN (CTSO) 774 774
DEVON ENERGY CORPORATION (NEW) CMN (DVN) 29,228 29,228
ENVIRI CORP CMN (NVRI) 23,608 23,608
HAEMONETICS CORPORATION CMN (HAE) 34,433 34,433
HAIN CELESTIAL GROUP, INC. (TH CMN (HAIN) 10,455 10,455
HARMONIC INC. CMN (HLIT) 4,511 4,511
HELIOS TECHNOLOGIES INC. CMN (HLIO) 12,276 12,276
HUNTINGTON BANCSHARES INCORPOR CMN (HBAN) 43,943 43,943
INDIE SEMICONDUCTOR INC CMN (INDI) 13,146 13,146
INNOVEX INTERNATIONAL INC CMN (INVX) 6,203 6,203
INTEGRA LIFESCIENCES HOLDING CORPORATION (IART) 10,660 10,660
IPG PHOTONICS CORPORATION CMN (IPGP) 18,616 18,616
ITRON, INC. CMN (ITRI) 22,585 22,585
KBR, INC. CMN (KBR) 65,465 65,465
KYNDRYL HOLDINGS INC CMN (KD) 101,447 101,447
MACOM TECHNOLOGY SOLUTIONS CMN (MTSI) 48,716 48,716
MERCURY SYSTEMS INC CMN (MRCY) 26,922 26,922
MOLINA HEALTHCARE, INC. CMN (MOH) 26,486 26,486
NEW JERSEY RESOURCES CORPORATI CMN (NJR) 32,705 32,705
NLIGHT, INC. CMN (LASR) 8,161 8,161
NORTHWESTERN CORPORATION CMN (NWE) 31,862 31,862
ODP CORP/THE CMN (ODP) 11,711 11,711
ONESPAN, INC. CMN (OSPN) 16,612 16,612
OPENLANE INC CMN (KAR) 43,886 43,886
ORASURE TECHNOLOGIES, INC. CMN (OSUR) 8,112 8,112
ORMAT TECHNOLOGIES, INC. CMN (ORA) 58,781 58,781
OSI SYSTEMS, INC. CMN (OSIS) 33,151 33,151
PATTERSON COMPANIES INC CMN (PDCO) 27,465 27,465
PATTERSON-UTI ENERGY, INC. CMN REG OFFER 23054738 9,086 9,086
PORTLAND GENERAL ELECTRIC CO CMN (POR) 31,962 31,962
QUIDELORTHO CORPORATION CMN (QDEL) 4,277 4,277
RAMBUS INC CMN (RMBS) 38,429 38,429
RESIDEO TECHNOLOGIES INC. CMN (REZI) 52,715 52,715
RIBBON COMMUNICATIONS INC CMN (RBBN) 34,091 34,091
SEMTECH CORPORATION CMN (SMTC) 24,554 24,554
STANDARD BIOTOOLS INC CMN (LAB) 5,052 5,052
TELEDYNE TECHNOLOGIES INCORPOR CMN (TDY) 22,278 22,278
TEMPUR SEALY INTERNATIONAL INC CMN (TPX) 30,329 30,329
TETRA TECHNOLOGIES INC (DEL) CMN (TTI) 19,780 19,780
TEXAS CAPITAL BANCSHARES, INC. CMN (TCBI) 43,245 43,245
TREEHOUSE FOODS, INC. CMN (THS) 26,102 26,102
TWIN DISC INCORPORATED CMN (TWIN) 3,666 3,666
UIPATH, INC. CMN CLASS A (PATH) 18,976 18,976
UNDER ARMOUR, INC. CMN CLASS C (UA) 16,792 16,792
UNISYS CORPORATION CMN (UIS) 18,737 18,737
UNITED PARKS & RESORTS INC CMN (PRKS) 17,981 17,981
VAREX IMAGING CORPORATION CMN (VREX) 11,132 11,132
VARONIS SYSTEMS, INC. CMN (VRNS) 11,685 11,685
VEECO INSTRUMENTS INC CMN (VECO) 53,761 53,761
VERINT SYSTEMS INC. CMN (VRNT) 20,725 20,725
VIASAT, INC CMN (VSAT) 25,870 25,870
VIAVI SOLUTIONS, INC. CMN (VIAV) 16,271 16,271
VISTRA CORP CMN (VST) 41,637 41,637
WHIRLPOOL CORP. CMN (WHR) 19,347 19,347
WOLFSPEED, INC. CMN (WOLF) 10,170 10,170
XPERI INC. CMN (XPER) 16,278 16,278
ZIMVIE INC. CMN (ZIMV) 9,012 9,012
AERCAP HOLDINGS NV ORD CMN (AER) 69,191 69,191
COGNYTE SOFTWARE LTD CMN (CGNT) 26,469 26,469
CRITEO SPONSORED ADR CMN (CRTO) 82,847 82,847
INNOVIZ TECHNOLOGIES LTD. CMN (INVZ) 5,188 5,188
INTERNATIONAL GAME TECHNOLOGY PLC CMN (IGT) 54,852 54,852
RADWARE LTD. CMN (RDWR) 15,230 15,230
STRATASYS LTD CMN (SSYS) 21,176 21,176
TECHNIPFMC PLC CMN (FTI) 47,722 47,722
WIX.COM LTD CMN (WIX) 38,619 38,619
GS HIGH YIELD FUND CLASS P 10,082,027 10,082,027
ISHARES S&P 500 INDEX FUND CLASS G 42,833,045 42,833,045
BLACKROCK ADVANTAGE SMALL CAP CORE FUND 2,624,546 2,624,546
ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS G 2,891,658 2,891,658
STATE STREET HEDGED INTERNATIONAL DEVELOPED EQUITY INDEX FUND CLASS K 5,339,034 5,339,034
STATE STREET EMERGING MARKETS EQUITY INDEX FUND K CLASS 1,102,456 1,102,456
AMAZON.COM INC CMN (AMZN) 326,891 326,891
APPLOVIN CORPORATION CMN CLASS A (APP) 762,943 762,943
ARISTA NETWORKS, INC. CMN (ANET) 190,996 190,996
ARTHUR J GALLAGHER & CO CMN (AJG) 199,547 199,547
BOOZ ALLEN HAMILTON HOLDING CORPORATION CMN (BAH) 112,226 112,226
CORTEVA, INC. CMN (CTVA) 129,071 129,071
DATADOG, INC. CMN CLASS A (DDOG) 183,471 183,471
ENTEGRIS, INC. CMN (ENTG) 148,095 148,095
FRESHPET, INC. CMN (FRPT) 114,193 114,193
GE AEROSPACE CMN (GE) 290,368 290,368
GE VERNOVA LLC CMN (GEV) 215,616 215,616
GODADDY INC. CMN CLASS A (GDDY) 197,567 197,567
ILLUMINA, INC CMN (ILMN) 160,490 160,490
INTUITIVE SURGICAL, INC. CMN (ISRG) 192,603 192,603
LPL FINANCIAL HOLDINGS INC. CMN (LPLA) 159,337 159,337
MCKESSON CORPORATION CMN (MCK) 194,029 194,029
MICROSOFT CORPORATION CMN (MSFT) 254,165 254,165
NVIDIA CORPORATION CMN (NVDA) 251,659 251,659
REINSURANCE GROUP AMER INC CMN (RGA) 154,882 154,882
UNITEDHEALTH GROUP INCORPORATE CMN (UNH) 190,709 190,709
VERTEX PHARMACEUTICALS INCORPO CMN (VRTX) 138,932 138,932
VISA INC. CMN CLASS A (V) 166,869 166,869
3I GROUP PLC UNSPONSORED ADR CMN (TGOPY) 309,817 309,817
ADYEN N.V. ADR CMN (ADYEY) 119,040 119,040
ASTRAZENECA PLC SPONS ADR SPONSORED ADR CMN (AZN) 168,714 168,714
CANADIAN PACIFIC KANSAS CITY L CMN (CP) 143,199 143,199
FERRARI N.V. CMN (RACE) 123,204 123,204
ICICI BANK LIMITED SPONS ADR (IBN) 179,578 179,578
LINDE PLC CMN (LIN) 172,492 172,492
MEITUAN DIANPING ADR CMN (MPNGY) 125,571 125,571
NOVO-NORDISK A/S ADR ADR CMN (NVO) 212,125 212,125
PUIG BRANDS S.A. ADR CMN (PUGBY) 85,719 85,719
SAAB AB (PUBL.) ADR CMN (SAABY) 127,503 127,503
SEA LIMITED SPONSORED ADR CMN (SE) 228,327 228,327
TAIWAN SEMICONDUCTOR MFG ADS LTD ADS 1ADS EQUALS 299,736 299,736
WASTE CONNECTIONS, INC. CMN (WCN) 130,403 130,403

TY 2024 InvestmentsGovtObligationsSch
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
US Government Securities - End of Year Book Value:

15,651,325
US Government Securities - End of Year Fair Market Value:

15,651,325
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
PATHWAY PRIVATE EQUITY FUND FMV 3,539,796 3,539,796
ANGELES ABSOLUTE RETURN FUND FMV 4,228,327 4,228,327
LONE STAR REAL ESTATE FUND III FMV 10,720 10,720
LONE STAR REAL ESTATE FUND IV FMV 677,883 677,883
SCULPTOR REAL ESTATE PARALLEL FUND III B, LP FMV 254,067 254,067
HARBOURVEST PARTNERS - DOVER STREET FMV 244,961 244,961
HARBOURVEST GLOBAL ANNUAL PRIVATE EQUITY FUND FMV 3,912,670 3,912,670
PORTFOLIO ADVISORS REAL ESTATE FUND V, LP FMV 350,341 350,341
BROOKFIELD CAPITAL PARTNERS FUND FMV 1,222,030 1,222,030
ANGELES PRIVATE MARKETS FUND 1, LP FMV 3,851,718 3,851,718
ANGELES PRIVATE MARKETS FUND 2, LP FMV 17,087,994 17,087,994
ANGELES PRIVATE MARKETS FUND 3, LP FMV 9,813,391 9,813,391
ANGELES PRIVATE MARKETS FUND 4, LP FMV 3,725,806 3,725,806
ANGELES PRIVATE CREDIT FUND FMV 3,348,191 3,348,191
ANGELES PRIVATE CREDIT FUND 2 FMV 4,623,143 4,623,143
ANGELES PRIVATE CREDIT FUND 3 FMV 894,845 894,845
HEDGE FUND SELECT: VKG GLOBAL EQUITIES LTD CLASS A SERIES 6 FMV 2,861,204 2,861,204
PRINCETON FUND LTD CLASS AA SERIES 1 FMV 3,408,963 3,408,963
ARTISAN: DYNAMIC EQUITY(NON-US EQUITY) OFFSHORE L.P. FMV 498,770 498,770
ARTISAN: DYNAMIC EQUITY(NON-US EQUITY) SERIES CLASS 1 FMV 4,581,474 4,581,474
THE BANK OF NOVA SCOTIA LINKED TO BASKET OF INDICES FMV 1,483,609 1,483,609

TY 2024 LegalFeesSchedule
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 5,063 0   5,063


TY 2024 OtherAssetsSchedule
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
TAXES RECEIVABLE 114,374 0 0
REDEMPTION RECEIVABLE 0 5,040,142 5,040,142


TY 2024 OtherDecreasesSchedule
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
Description Amount
NET UNREALIZED GAIN (LOSS) 40,404,853


TY 2024 OtherExpensesSchedule
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
POSTAGE & COURIER 273 0   273
INSURANCE 22,508 0   22,508
OFFICE SUPPLIES 605 0   605
PARKING 5,790 0   5,385
PAYROLL PREP FEE 1,194 0   1,194
TELEPHONE 2,840 0   2,840
HALO PROGRAM 413 0   413
MISCELLANEOUS EXPENSES 2,362 0   226
PARTNERSHIP EXPENSES 0 1,023,728   0


TY 2024 OtherIncomeSchedule2
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME   2,123,585  


TY 2024 OtherLiabilitiesSchedule
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAX LIABILTY 1,052,358 490,622
TAXES PAYABLE 0 498,953


TY 2024 OtherProfessionalFeesSchedule
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING 324,250 0   324,250
INVESTMENT EXPENSE 346,685 346,685   0
OTHER PROFESSIONAL FEES 360,458 50,000   310,458


TY 2024 TaxesSchedule
Name:
THE DEUTSCH FOUNDATION
EIN:
95-4610378
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 0 25,289   0
TAX PROVISION 638,730 0   0