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
Reynolds Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

38-3739715
B Telephone number (see instructions)

(800) 839-1754
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$76,754,690J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 195,703 195,703  
4 Dividends and interest from securities... 976,287 976,287  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,219,584
b Gross sales price for all assets on line 6a 11,080,597
7 Capital gain net income (from Part IV, line 2)... 5,371,852
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
587,334 319,428  
12 Total. Add lines 1 through 11........ 6,978,908 6,863,270  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
66,679 66,679    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
154,220 81    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
332,022 221,182   108,171
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 552,921 287,942   108,171
25 Contributions, gifts, grants paid....... 3,142,300 3,142,300
26 Total expenses and disbursements. Add lines 24 and 25 3,695,221 287,942   3,250,471
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,283,687
b Net investment income (if negative, enter -0-) 6,575,328
c Adjusted net income (if negative, enter -0-)... 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......... 683,177 3,948,249 3,948,249
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) 3,161,871 Click to see attachment
List of Attached Documents:
// Content
3,419,396 		3,208,420
b Investments—corporate stock (attach schedule)....... 29,754,250 Click to see attachment
List of Attached Documents:
// Content
29,600,575 		58,378,612
c Investments—corporate bonds (attach schedule)....... 2,551,705 Click to see attachment
List of Attached Documents:
// Content
2,289,778 		2,063,676
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).......... 5,007,443 Click to see attachment
List of Attached Documents:
// Content
5,184,135 		9,155,733
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 41,158,446 44,442,133 76,754,690
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 41,158,446 44,442,133
29 Total net assets or fund balances (see instructions)..... 41,158,446 44,442,133
30 Total liabilities and net assets/fund balances (see instructions). 41,158,446 44,442,133
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
41,158,446
2
Enter amount from Part I, line 27a .....................
2
3,283,687
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
44,442,133
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
44,442,133
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 Passthrough K1 Capital Gain/(Loss)      
c DISTRIB IN EXCESS OF BASIS      
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 11,080,597   6,052,295 5,028,302
b       335,651
c       7,899
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       5,028,302
b        
c        
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 5,371,852
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 91,397
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 91,397
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 91,397
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 92,909
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,100
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 94,009
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 0
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 2,612
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow2,612 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 arrowFL
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 arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Alison L Baird Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Timothy D Friedman Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Donald F Mintmire Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Patricia R Mintmire Managing Trustee
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
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
Foundation Source Administrative 108,171
55 Walls Drive Suite 302
Fairfield,CT06824
CIBC PRIVATE WEALTH ADVISORS Investment Mgmt 66,679
181 W MADISON 36TH FL
CHICAGO,IL60602
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  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
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
63,226,582
b
Average of monthly cash balances.......................
1b
4,245,404
c
Fair market value of all other assets (see instructions)................
1c
8,136,533
d
Total (add lines 1a, b, and c).........................
1d
75,608,519
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
0
3
Subtract line 2 from line 1d.........................
3
75,608,519
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,134,128
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
74,474,391
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,723,720
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
3,723,720
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
91,397
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
21,241
c
Add lines 2a and 2b............................
2c
112,638
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,611,082
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
3,611,082
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
3,611,082
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
3,250,471
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,250,471
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 3,611,082
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 3,178,034
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$ 3,250,471
a Applied to 2023, but not more than line 2a 3,178,034
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..... 72,437
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		3,538,645
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 ...... 		0
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.... 0
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).)
NONE
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

826CHI INC NFP

1276 N MILWAUKEE
CHICAGO,IL60622 		N/A PC General & Unrestricted 2,500

AIDS FOUNDATION OF CHICAGO

200 W MONROE ST STE 1150
CHICAGO,IL60606 		N/A PC General & Unrestricted 10,000

ALEXS LEMONADE STAND FOUNDATION

333 E LANCASTER AVE 414
WYNNEWOOD,PA19096 		N/A PC Charitable Event 20,000

AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC

125 BROAD ST 18TH FLOOR
NEW YORK,NY10004 		N/A PC General & Unrestricted 2,000

AMERICAN INDEPENDENT FOUNDATION

800 MAINE AVE SW
WASHINGTON,DC20024 		N/A PC General & Unrestricted 260,000

AMERICANS UNITED FOR SEPARATION OF CHURCH AND STAT

1310 L ST NW STE 200
WASHINGTON,DC20005 		N/A PC General & Unrestricted 2,000

ANIMAL TRACKS

10234 ESCONDIDO CANYON RD
SANTA CLARITA,CA91390 		N/A PC General & Unrestricted 2,000

ANTHONY RIZZO FAMILY FOUNDATION

7670 NW 62ND WAY
PARKLAND,FL33067 		N/A PC Charitable Event 2,500

ANTI DEFAMATION LEAGUE FOUNDATION

605 THIRD AVE
NEW YORK,NY10158 		N/A PC Educational Program 10,000

BIG BROTHERS BIG SISTERS OF GREATER LOS ANGELES IN

3333 WILSHIRE BLVD STE 103
LOS ANGELES,CA90010 		N/A PC General & Unrestricted 5,000

BOYNTON BEACH BASEBALL CLUB

10226 WHITE WATER LILY WAY
BOYNTON BEACH,FL33437 		N/A PC General & Unrestricted 3,000

CALIFORNIA COMMUNITY FOUNDATION

717 W TEMPLE ST
LOS ANGELES,CA90012 		N/A PC LA4LA Fund 50,000

CAPITAL REGION COMMUNITY FOUNDATION

330 MARSHALL ST STE 300
LANSING,MI48912 		N/A PC The Camp Grayling Officers Club 1,000

CENTER FOR CHILD COUNSELING INC

8895 N MILITARY TRAIL STE 300C
PALM BEACH GARDENS,FL33410 		N/A PC General & Unrestricted 500,000

CENTRAL INSTITUTE FOR THE DEAF

825 S TAYLOR AVE
SAINT LOUIS,MO63110 		N/A PC General & Unrestricted 25,000

CHICAGO DANCE HEALTH FUND

200 WEST MONROE ST STE 1150
CHICAGO,IL60606 		N/A PC General & Unrestricted 17,500

CHICAGO HORTICULTURAL SOCIETY

1000 LAKE COOK RD
GLENCOE,IL60022 		N/A PC General & Unrestricted 9,500

CHICAGO PARKS FOUNDATION

541 N FAIRBANKS COURT
CHICAGO,IL60611 		N/A PC Oz Park Fund 5,000

CHICAGO PUBLIC EDUCATION FUND

200 W ADAMS ST STE 1175
CHICAGO,IL60606 		N/A PC General & Unrestricted 5,000

CHILDRENS DEFENSE FUND

840 1ST ST NE STE 300
WASHINGTON,DC20002 		N/A PC General & Unrestricted 5,000

CROHNS & COLITIS FOUNDATION INC

733 3RD AVE STE 510
NEW YORK,NY10017 		N/A PC General & Unrestricted 1,000

DIDI HIRSCH PSYCHIATRIC SERVICE

4760 SEPULVEDA BLVD
CULVER CITY,CA90230 		N/A PC Teen Line 5,000

EMBARC INC

1440 N DAYTON ST STE LL02
CHICAGO,IL60642 		N/A PC General & Unrestricted 5,000

EVANS SCHOLARS FOUNDATION

2501 PATRIOT BLVD
GLENVIEW,IL60026 		N/A PC General & Unrestricted 2,500

FLORIDAS CHILDREN FIRST INC

333 CAMINO GARDENS BLVD
BOCA RATON,FL33432 		N/A PC General & Unrestricted 5,000

FOUNDCARE INC

2330 S CONGRESS AVE
WEST PALM BCH,FL33406 		N/A PC Comprehensive Aids Program (CAP) 50,000

FOUNDCARE INC

2330 S CONGRESS AVE
WEST PALM BCH,FL33406 		N/A PC General & Unrestricted 3,000

FRANCIS W PARKER SCHOOL

330 W WEBSTER AVE
CHICAGO,IL60614 		N/A PC General & Unrestricted 165,000

FRIENDS OF RECREATION INC

PO BOX 977
PALM BEACH,FL33480 		N/A PC General & Unrestricted 2,500

FRIENDS OF THE MOUNTS BOTANICAL GARDEN INC

559 N MILITARY TRL
WEST PALM BCH,FL33415 		N/A PC General & Unrestricted 1,000

GREENSPACESLA INC

137 N LARCHMONT BLVD 412
LOS ANGELEES,CA90004 		N/A PC General & Unrestricted 20,000

GUS GIORDANOS JAZZ DANCE CHICAGO INC

1754 N CLARK ST
CHICAGO,IL60614 		N/A PC General & Unrestricted 12,500

HIGH JUMP

820 W JACKSON BLVD STE 310
CHICAGO,IL60607 		N/A PC General & Unrestricted 120,000

HOMEBOY INDUSTRIES

130 BRUNO ST
LOS ANGELES,CA90012 		N/A PC General & Unrestricted 20,000

HOPEWELL FUND

PO BOX 38068
BALTIMORE,DC21297 		N/A PC Fairness Project Education Fund 200,000

I HAVE A DREAM FOUNDATION-LOS ANGELES

3580 WILSHIRE BLVD STE 720
LOS ANGELES,CA90010 		N/A PC General & Unrestricted 20,000

INTERNATIONAL BEETHOVEN PROJECT

PO BOX 14149
CHICAGO,IL60614 		N/A PC General & Unrestricted 5,000

ISRAEL CANCER ASSOCIATION USA

PO BOX 804
PALM BEACH,FL33480 		N/A PC General & Unrestricted 5,000

JACK THE BIKE MAN INC

PO BOX 17565
WEST PALM BEACH,FL33416 		N/A PC General & Unrestricted 2,500

JEWISH FEDERATION OF PALM BEACH COUNTY INC

1 HARVARD CIR SUITE 100
WEST PALM BEACH,FL33409 		N/A PC Charitable Event 6,600

KCRW FOUNDATION INC

1900 PICO BLVD
SANTA MONICA,CA90405 		N/A PC General & Unrestricted 10,000

LAMBDA LEGAL DEFENSE AND EDUCATION FUND INC

120 WALL ST 19TH FL
NEW YORK,NY10005 		N/A PC General & Unrestricted 15,000

LARCHMONT SCHOOLS

1265 NORTH FAIRFAX AVE
WEST HOLLYWOOD,CA90046 		N/A PC General & Unrestricted 150,000

LARCHMONT SCHOOLS

1265 NORTH FAIRFAX AVE
WEST HOLLYWOOD,CA90046 		N/A PC Athletics Fund 10,000

LINCOLN PARK ZOOLOGICAL SOCIETY

2001 N CLARK ST
CHICAGO,IL60614 		N/A PC General & Unrestricted 2,500

LIVE LIKE KATIE FOUNDATION

390 AMY CT
GLEN ELLYN,IL60137 		N/A PC General & Unrestricted 25,000

LOGGERHEAD MARINELIFE CENTER INC

14200 US HWY 1
JUNO BEACH,FL33408 		N/A PC General & Unrestricted 2,500

LORDS PLACE INC

2808 N AUSTRALIAN AVE
WEST PALM BEACH,FL33407 		N/A PC General & Unrestricted 152,000

LOS ANGELES YOUTH NETWORK LA YOUTH

1857 TAFT AVE
LOS ANGELES,CA90028 		N/A PC General & Unrestricted 5,000

MANDEL JEWISH COMMUNITY CENTER OF THE PALM BEACHES

8500 S JOG RD
BOYNTON BEACH,FL33472 		N/A PC Funds for the use and benefit of the Edward and Thelma Glantz Early Childhood Learning Center 4,000

MEDIA MATTERS FOR AMERICA

800 MAINE AVE SW STE 500
WASHINGTON,DC20024 		N/A PC General & Unrestricted 50,000

MORGAN PRESSEL FOUNDATION INC

PO BOX 480157
DELRAY BEACH,FL33448 		N/A PC General & Unrestricted 1,000

MUSEUM OF SCIENCE AND INDUSTRY

5700 S LAKE SHORE DR
CHICAGO,IL60637 		N/A PC General & Unrestricted 500

NAMI PALM BEACH COUNTY INC

5205 GREENWOOD AVE STE 110
WEST PALM BCH,FL33407 		N/A PC General & Unrestricted 10,000

NATIONAL GIVING ALLIANCE

137 N LARCHMONT BLVD 155
LOS ANGELES,CA90004 		N/A PC General & Unrestricted 5,000

NATIONAL PARKS CONSERVATION ASSOCIATION

777 6TH ST NW STE 700
WASHINGTON,DC20001 		N/A PC General & Unrestricted 1,000

NATURE CONSERVANCY

4245 N FAIRFAX DRIVE STE 100
ARLINGTON,VA22203 		N/A PC General & Unrestricted 2,500

NAVY SEAL FOUNDATION INC

1619 D ST
VIRGINIA BEACH,VA23459 		N/A PC Charitable Event 10,000

NEW ROADS SCHOOL

3131 OLYMPIC BLVD
SANTA MONICA,CA90404 		N/A PC General & Unrestricted 10,000

NONPROFIT CENTER OF THE BERKSHIRES INC

186 SANDISFIELD RD
SANDISFIELD,MA01255 		N/A PC Fountain Productions 30,000

NORTHWESTERN MEMORIAL FOUNDATION

541 N FAIRBANKS COURT STE 800
CHICAGO,IL60611 		N/A PC Thomas Memorial Fund - research in IBD and its connection to mental wellness and the brain 1,000

NORTHWESTERN UNIVERSITY

1007 CHURCH ST STE 400
EVANSTON,IL60201 		N/A PC Full Circle Campaign - Center for Enlightened Disagreement 200,000

NORTHWESTERN UNIVERSITY

1007 CHURCH ST STE 400
EVANSTON,IL60201 		N/A PC The Kellogg Dean's Fund 25,000

PALM BEACH CIVIC ASSOCIATION INC

139 N COUNTY ROAD STE 33
PALM BEACH,FL33480 		N/A PC General & Unrestricted 3,000

PALM BEACH COUNTY FOOD BANK INC

701 BOUTWELL RD
LAKE WORTH,FL33461 		N/A PC General & Unrestricted 50,000

PALM BEACH DRAMAWORKS INC

201 CLEMATIS ST
WEST PALM BEACH,FL33401 		N/A PC General & Unrestricted 52,000

PALM BEACH FELLOWSHIP OF CHRISTIANS

PO BOX 507
PALM BEACH,FL33480 		N/A PC General & Unrestricted 6,000

PARK SCHOOL CORPORATION

171 GODDARD AVE
BROOKLINE,MA02445 		N/A PC General & Unrestricted 500

PLANNED PARENTHOOD OF ILLINOIS

17 N STATE ST STE 500
CHICAGO,IL60602 		N/A PC Charitable Event 50,000

PLANNED PARENTHOOD OF SOUTH FLORIDA AND THE TREASU

2300 N FLORIDA MANGO RD
WEST PALM BCH,FL33409 		N/A PC Charitable Event 15,200

PLANNED PARENTHOOD OF SOUTH FLORIDA AND THE TREASU

2300 N FLORIDA MANGO RD
WEST PALM BCH,FL33409 		N/A PC General & Unrestricted 500,000

PRESERVATION FOUNDATION OF PALM BEACH INC

311 PERUVIAN AVE
PALM BEACH,FL33480 		N/A PC General & Unrestricted 1,000

RAVINIA FESTIVAL ASSOCIATION

418 SHERIDAN RD
HIGHLAND PARK,IL60035 		N/A PC General & Unrestricted 2,500

RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS IN

701 OKEECHOBEE BLVD
WEST PALM BCH,FL33401 		N/A PC General & Unrestricted 15,000

REHABILITATION CENTER FOR CHILDREN AND ADULTS

300 ROYAL PALM WAY
PALM BEACH,FL33480 		N/A PC General & Unrestricted 10,000

RELIGIOUS COALITION FOR REPRODUCTIVE CHOICE EDUCAT

1413 K ST NW 14TH FL
WASHINGTON,DC20005 		N/A PC General & Unrestricted 5,000

RESTORATION DESTINATION INC

120 PELICAN LAKE DR
PAHOKEE,FL33476 		N/A PC General & Unrestricted 2,000

RUSH UNIVERSITY MEDICAL CENTER

1201 W HARRISON ST STE 300
CHICAGO,IL60607 		N/A PC General & Unrestricted 15,000

SACRED SAVING AGAVE FOR CULTURE RECREATION EDUCATI

1658 N MILWAUKEE AVE STE 535
CHICAGO,IL60647 		N/A PC General & Unrestricted 5,000

SIMMONS UNIVERSITY

300 THE FENWAY
BOSTON,MA02115 		N/A PC Simmons School of Social Work Scholarship Fund for Master Degree candidates 15,000

SOCIETY OF THE FOUR ARTS

2 FOUR ARTS PLZ
PALM BEACH,FL33480 		N/A PC General & Unrestricted 5,000

SOUTHERN CALIFORNIA COUNSELING CENTER

5615 W PICO BLVD
LOS ANGELES,CA90019 		N/A PC General & Unrestricted 2,000

TEACH FOR AMERICA INC

300 WEST ADAMS ST SUITE 1000
CHICAGO,IL60606 		N/A PC General & Unrestricted 15,000

THE DIAN FOSSEY GORILLA FUND INTERNATIONAL

800 CHEROKEE AVE SE
ATLANTA,GA30315 		N/A PC General & Unrestricted 10,000

THE RYAN LICHT SANG BIPOLAR FOUNDATION INC

875 N MICHIGAN AVE STE 3100
CHICAGO,IL60611 		N/A PC General & Unrestricted 1,500

TOWN OF PALM BEACH

360 S COUNTY ROAD
PALM BEACH,FL33480 		N/A GOV Palm Beach Fire Rescue Department 5,000

TOWN OF PALM BEACH UNITED WAY INC

44 COCOANUT ROW STE 201
PALM BEACH,FL33480 		N/A PC General & Unrestricted 25,000

TRINITY COLLEGE

300 SUMMIT ST
HARTFORD,CT06106 		N/A PC General & Unrestricted 1,000

UNIVERSITY OF CHICAGO

5235 S HARPER COURT
CHICAGO,IL60615 		N/A PC General & Unrestricted 500

UNIVERSITY OF CHICAGO

5801 S ELLIS AVE
CHICAGO,IL60637 		N/A PC Charitable Event 500

UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC

4603 CALVERT RD
COLLEGE PARK,MD20740 		N/A PC Roger & Alicia Betancourt Fellowship in Applied Economics 2,500

WEST PALM BEACH LIBRARY FOUNDATION INC

411 CLEMATIS ST 3RD FLR
WEST PALM BEACH,FL33401 		N/A PC General & Unrestricted 500

WOLCOTT SCHOOL

524 N WOLCOTT AVE
CHICAGO,IL60622 		N/A PC General & Unrestricted 10,000

WORKING IN THE SCHOOLS

641 W LAKE ST SUITE 200
CHICAGO,IL60661 		N/A PC General & Unrestricted 1,000

YOUTH SERVICES OF GLENVIEW- NORTHBROOK

3080 W LAKE AVE
GLENVIEW,IL60026 		N/A PC General & Unrestricted 5,000
Total .................................right arrow 3a 3,142,300
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 ........... 		    14 195,703  
4 Dividends and interest from securities ....     14 976,287  
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 5,219,584  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 Inc/Loss 		525990 248,720 14 319,487  
bFederal Tax Refund     01 19,114  
cSTATE TAX REFUND     01 13  
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 248,720 6,730,188  
13Total. Add line 12, columns (b), (d), and (e)..................
13
6,978,908
(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

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule
Name:
Reynolds Family Foundation
EIN:
38-3739715
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2024 GeneralExplanationAttachment
Name:
Reynolds Family Foundation
EIN:
38-3739715
Identifier Return Reference Explanation
990-PF 990-PF ONE OR MORE PARTNERSHIPS HAVE PROVIDED A SCHEDULE K-3 FOR THE TAX YEAR IN WHICH THEY HAVE CHECKED ONE OR MORE OF THE BOXES IN PART I BUT NOT PROVIDED SUFFICIENT BACK-UP INFORMATION TO ALLOW THE FOUNDATION TO VERIFY WHY SUCH BOXES WERE CHECKED OR THE EXTENT TO WHICH THE CHECKING OF SUCH BOXES AFFECTS ANY ITEM ON THIS RETURN. THE FOUNDATION HAS PREPARED THIS RETURN TO THE BEST OF ITS ABILITY AND WITHOUT ANY FOREIGN FILINGS FOR SUCH PARTNERSHIPS BASED ON THE INFORMATION PROVIDED TO IT BY THESE PARTNERSHIPS AND ON THE BASIS OF HAVING RECEIVED NO INFORMATION TO THE CONTRARY. ANY MISSING OR INCOMPLETE INFORMATION IS DUE TO THE FOUNDATION'S INABILITY TO OBTAIN SUCH INFORMATION AND IS NOT A WILLFUL ATTEMPT TO WITHHOLD SUCH INFORMATION.

TY 2024 InvestmentsCorpBondsSchedule
Name:
Reynolds Family Foundation
EIN:
38-3739715
Name of Bond End of Year Book Value End of Year Fair Market Value
AMERICAN EXPRESS CREDIT MTN BO 228,000 193,833
APPLE INC NOTE CALL - 3.350% - 316,068 293,961
COMCAST CORP - 5.500% - 11/15/ 104,273 104,449
GOLDMAN SACHS GROUP INC NOTE - 224,730 197,796
JP MORGAN CHASE - 3.125% - 01/ 218,990 199,781
MICROSOFT CORP - 3.125% - 11/0 283,192 272,131
MORGAN STANLEY MTN - 4.889% - 103,080 103,685
PNC FIN SVCS - 2.550% - 01/22/ 200,774 177,584
PROCTER &GAMBLE CO - 3.000% - 328,962 276,180
WAL-MART STORES INC - 3.700% - 281,709 244,276

TY 2024 InvestmentsCorpStockSchedule
Name:
Reynolds Family Foundation
EIN:
38-3739715
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS 289,750 359,916
ADOBE SYSTEMS, INC 295,040 444,680
ALPHABET INC CL A 337,219 991,932
ALPHABET INC CL C 178,305 1,073,320
AMAZON COM 445,412 1,970,122
AMERICAN TOWER REIT INC 252,275 253,839
ANALOG DEVICES INC 96,671 247,516
APPLE INC 435,108 1,625,977
ASTRAZENECA 404,725 471,810
AT MID CAP EQUITY FUND INSTITU 3,173,180 4,835,364
AUTOMATIC DATA PROCESSING INC 59,929 211,644
BLACKROCK INC 117,026 294,207
CHENIERE ENERGY INC 73,723 110,013
CHEVRON CORP 183,800 221,460
CISCO SYSTEMS INC 236,970 474,725
CME GROUP, INC 249,378 281,927
COLGATE-PALMOLIVE COMPANY 4,155,168 9,591,732
CONOCOPHILLIPS 252,502 252,586
DANAHER CORP 183,341 336,520
ELEVANCE HEALTH INC 200,904 172,645
EXXON MOBIL CORP 297,388 461,798
FHLMC 8.375% PFD PERP 498,648 221,154
FIDELITY NATIONAL INFORMATION 255,298 312,095
FISERV, INC 124,168 492,392
FNMA 8.25% PFD SER S 502,253 226,074
HOME DEPOT INC 234,761 387,823
HONEYWELL INTL 210,734 283,040
INTERCONTINENTAL EXCHANGE, INC 236,824 424,231
IQVIA HOLDINGS INC 393,380 337,801
ISHARE SP SMALL CAP 600 INDEX 987,308 3,110,940
ISHARES S&P 500 INDEX FD 773,144 2,943,400
ISHARES TR DJ SEL DIVIDEND INX 504,338 1,417,932
ISHARES TR S & P MIDCAP 400 IN 999,030 3,395,895
JP MORGAN CHASE 94,413 472,229
LINDE PLC COM 138,365 355,032
MARTIN MARIETTA MATLS INC 186,996 277,877
MCDONALD'S CORP 354,716 361,783
META PLATFORMS INC 247,676 308,564
MFS INSTITUTIONAL INVESTORS TR 1,189,829 1,462,567
MICROSOFT CORP 276,453 2,253,339
MONDELEZ INTERNATIONAL INC 191,849 204,814
MONSTER BEVERAGE CORP 292,104 291,708
NEXTERA ENERGY, INC 299,300 301,098
NVIDIA CORP 662,034 1,747,113
O'REILLY AUTOMOTIVE INC 135,004 160,083
OTIS WORLDWIDE CORP 204,670 332,007
PEPSICO INC 230,981 304,120
PNC FINANCIAL GROUP INC 212,975 286,575
PROLOGIS 292,133 274,820
QUALCOMM INC 262,234 441,043
RAYTHEON TECHNOLOGIES CORP 252,057 397,382
ROPER INDUSTRIES 229,933 318,668
S&P GLOBAL INC COM 204,039 293,340
SALESFORCE.COM 463,300 737,532
STRYKER CORPORATION 138,501 246,994
T-MOBILE US INC 109,504 215,653
TE CONNECTIVITY LTD 392,354 415,757
THE BLACKSTONE GROUP INC CL A 150,028 516,053
THERMO FISHER SCIENTIFIC INC 83,255 327,225
TJX COMPANIES INC 152,988 331,865
UNION PACIFIC 207,752 387,896
UNITEDHEALTH GROUP INC 252,888 780,542
US BANCORP 279,481 283,775
VANGUARD FTSE EMERGING MARKETS 1,392,253 1,360,836
VANGUARD SM-CAP ETF 844,748 1,561,820
VICI PROPERTIES INC 169,434 160,217
VISA INC 361,074 979,408
WALT DISNEY HOLDINGS CO 488,680 417,897
WEC ENERGY GROUP, INC 109,712 114,071
WORKDAY INC 287,157 304,475
ZOETIS INC 122,005 155,924

TY 2024 InvestmentsGovtObligationsSch
Name:
Reynolds Family Foundation
EIN:
38-3739715
US Government Securities - End of Year Book Value:

3,419,396
US Government Securities - End of Year Fair Market Value:

3,208,420
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 InvestmentsOtherSchedule2
Name:
Reynolds Family Foundation
EIN:
38-3739715
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AP ENERGY INFRASTRUCTURE FD LL   4,574,199 7,195,333
ELSTON CREDIT FUND   600,045 600,000
ENTERPRISE PRODUCTS PARTNERS L   9,891 1,019,200
OMAHA VENTURES II LLC     91,200
OMAHA VENTURES LLC     250,000

TY 2024 OtherExpensesSchedule
Name:
Reynolds Family Foundation
EIN:
38-3739715
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 108,171     108,171
Bank Charges 225 225    
K-1 Exp AP ENERGY INFRASTRUCTU 222,735 220,868    
K-1 Exp ENTERPRISE PRODUCTS PA 891 89    


TY 2024 OtherIncomeSchedule2
Name:
Reynolds Family Foundation
EIN:
38-3739715
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 Inc/Loss AP ENERGY INFRASTRUCTURE FD LLC 406,306 241,092  
K-1 Inc/Loss ELSTON CREDIT FUND 69,174 69,174  
K-1 Inc/Loss ENTERPRISE PRODUCTS PARTNERS LP 78,382 -1,157  
K-1 Inc/Loss OMAHA VENTURES II LLC 2,322 -1,704  
K-1 Inc/Loss OMAHA VENTURES LLC 12,023 12,023  
Federal Tax Refund 19,114    
State Tax Refund 13    


TY 2024 OtherProfessionalFeesSchedule
Name:
Reynolds Family Foundation
EIN:
38-3739715
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 66,679 66,679    


TY 2024 TaxesSchedule
Name:
Reynolds Family Foundation
EIN:
38-3739715
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2024 92,300      
990-PF Extension for 2023 1,500      
990-T Extension for 2023 37,900      
Foreign Tax Paid 81 81    
State Estimated Tax for 2023 250      
State Income Tax 2023 4,254      
STATE INCOME TAX 2022 17,935