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
ROYCE FAMILY FUND INC
C/O ROYCE & ASSOCIATES
Number and street (or P.O. box number if mail is not delivered to street address)8 SOUND SHORE DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GREENWICH, CT06830
A Employer identification number

13-3318620
B Telephone number (see instructions)

(203) 869-3541
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$85,549,283J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,924,307 2,924,307  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,748,723
b Gross sales price for all assets on line 6a 2,786,690
7 Capital gain net income (from Part IV, line 2)... 2,752,834
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
-1,042,327 -1,122,478  
12 Total. Add lines 1 through 11........ 4,630,703 4,554,663  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,825 1,706   5,119
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
108,333 0   108,333
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
44,397 44,397   0
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
465,066 190   464,876
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 624,621 46,293   578,328
25 Contributions, gifts, grants paid....... 5,890,470 5,890,470
26 Total expenses and disbursements. Add lines 24 and 25 6,515,091 46,293   6,468,798
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,884,388
b Net investment income (if negative, enter -0-) 4,508,370
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......... 715,747 1,289,589 1,289,589
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 75,540,934 Click to see attachment
List of Attached Documents:
// Content
73,147,858 		61,340,741
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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
22,841,560 		Click to see attachment
List of Attached Documents:
// Content
22,918,953 		Click to see attachment
List of Attached Documents:
// Content
22,918,953
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 99,098,241 97,356,400 85,549,283
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
41,872 		Click to see attachment
List of Attached Documents:
// Content
41,872
23 Total liabilities (add lines 17 through 22)......... 41,872 41,872
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........ 12,188,889 12,188,889
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 86,867,480 85,125,639
29 Total net assets or fund balances (see instructions)..... 99,056,369 97,314,528
30 Total liabilities and net assets/fund balances (see instructions). 99,098,241 97,356,400
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
99,056,369
2
Enter amount from Part I, line 27a .....................
2
-1,884,388
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
142,547
4
Add lines 1, 2, and 3 ..........................
4
97,314,528
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
97,314,528
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 TOTAL SHORT-TERM COMMON TRUST FUND AND PARTNERSHIP P 2024-01-01 2024-12-31
b LT CAPITAL GAIN DISTRIBUTIONS P 2023-01-01 2024-12-31
c PUBLICLY TRADED SECURITIES P 2023-01-01 2024-12-31
d TOTAL LONG-TERM COMMON TRUST FUND AND PARTNERSHIP P 2023-01-01 2024-12-31
e LOSS ON DISPOSITION T ROWE PRICE MUTUAL FUNDS P 2023-01-01 2024-12-31
PUBLICLY TRADED SECURITIES P 2024-01-01 2024-12-31
(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 58,708     58,708
b 846,796     846,796
c 351,193     351,193
d 1,528,804     1,528,804
e 1,189   1,189 0
    32,667 -32,667
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       58,708
b       846,796
c       351,193
d       1,528,804
e       0
      -32,667
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 2,752,834
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 62,666
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 62,666
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 62,666
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 122,545
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 122,545
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 59,879
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow59,879 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCT
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See 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 arrowROYCE FAMILY FOUNDATION INC Telephone no.right arrow (203) 869-3541

Located atright arrow8 SOUND SHORE DRIVEGREENWICHCT ZIP+4right arrow06830
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
CHARLES M ROYCE PRESIDENT AND TREASURER
2.00 		0 0 0
C/O ROYCE ASSOC 8 SOUND SHORE DR
GREENWICH,CT06830
NICHOLAS MOORE SECRETARY
2.00 		0 0 0
C/O ROYCE ASSOC 8 SOUND SHORE DR
GREENWICH,CT06830
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NICHOLAS C MOORE CONSULTING SERVICES 108,333
8 SOUND SHORE DRIVE STE 140
GREENWHICH,CT06830
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 THE PURPOSE OF BUILDING AT TOWN CENTER STREET TO BENEFIT THE COMMUNITY. 377,609
2 THE PURPOSE OF PUBLIC RADIO STATION IS TO BENEFIT THE COMMUNITY. 72,466
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 LOANS MADE TO HUNTER MOUNTAIN FOUNDATION INCONNECTION WITH CHARITABLE PURPOSE. 593,202
2 LOANS MADE TO ANCHOR HEALTH INITIATIVE CORP INCONNECTION WITH CHARITABLE PURPOSE 50,000
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow643,202
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
63,161,710
b
Average of monthly cash balances.......................
1b
674,236
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
63,835,946
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
63,835,946
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
957,539
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
62,878,407
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,143,920
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
3,143,920
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
62,666
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
15,711
c
Add lines 2a and 2b............................
2c
78,377
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,065,543
4
Recoveries of amounts treated as qualifying distributions................
4
718,363
5
Add lines 3 and 4............................
5
3,783,906
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
3,783,906
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
6,468,798
b
Program-related investments—total from Part VIII-B..................
1b
643,202
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
146,903
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
7,258,903
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 3,783,906
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...... 120,890
c From 2021...... 2,322,145
d From 2022...... 1,465,876
e From 2023......  
f Total of lines 3a through e ........ 3,908,911
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 7,258,903
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 3,783,906
e Remaining amount distributed out of corpus 3,474,997
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 7,383,908
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 ...... 		7,383,908
10 Analysis of line 9:
a Excess from 2020.... 120,890
b Excess from 2021.... 2,322,145
c Excess from 2022.... 1,465,876
d Excess from 2023....  
e Excess from 2024.... 3,474,997
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).)
CHARLES M ROYCE
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

ALLIANCE FRANCAISE OF GREENWICH

299 GREENWICH AVENUE
GREENWHICH,CT06830 		NONE PC GENERAL PURPOSES 1,000

ALZHEIMER'S ASSOCIATION

225 N MICHIGAN AVE 17TH FLOOR
CHICAGO,IL60601 		NONE PC GENERAL PURPOSES 1,046

AMERICAN FILM INSTITUTE

2021 NORTH WESTERN AVENUE
LOS ANGELES,CA900271657 		NONE PC GENERAL PURPOSES 25,000

AMERICAN FRIENDS OF THE ARCHBISHOP OF CANTERBURY'S ACF INC

C/O MARION CARR 21 INDIAN CHASE DR
GREENWICH,CT06830 		NONE PC GENERAL PURPOSES 20,000

AMERICAN PROMISE EDUCATION FUND

33 BRADFORD STREET
CONCORD,MA01742 		NONE PC GENERAL PURPOSES 5,000

AMERICAN RED CROSS

431 18TH STREET NW
WASHINGTON,DC20006 		NONE PC GENERAL PURPOSES 10,000

ASPCA

520 8TH AVENUE 7TH FLOOR
NEW YORK,NY10018 		NONE PC GENERAL PURPOSES 1,000

AVON THEATER FILM CENTER INC

8 SOUND SHORE DRIVE
GREENWHICH,CT06830 		NONE PC GENERAL PURPOSES 276,423

BERKELEY DIVINITY SCHOOL

409 PROSPECT STREET
NEW HAVEN,CT06511 		NONE PC GENERAL PURPOSES 65,000

BREAKTHROUGH T1D

200 VESEY STREET 28TH FLOOR
NEW YORK,NY10281 		NONE PC GENERAL PURPOSES 5,000

BREAST CANCER RESEARCH FOUNDATION

28 W 44TH STREET SUITE 609
NEW YORK,NY10036 		NONE PC GENERAL PURPOSES 1,000

BROWN UNIVERSITY

BOX 1822 69 BROWN STREET
PROVIDENCE,RI02912 		NONE PC GENERAL PURPOSES 495,000

BRUCE MUSEUM

ONE MUSEUM DRIVE
GREENWICH,CT06830 		NONE PC GENERAL PURPOSES 225,000

CAF AMERICA

225 REINEKERS LANE 375
ALEXANDRIA,VA22314 		NONE PC GENERAL PURPOSES 500

CAPTIVATED INTERNATIONAL

702 E SIMPSON STREET UNIT 214
MECHANICSBURG,PA17055 		NONE PC GENERAL PURPOSES 10,000

CATHEDRAL OF ST JOHN THE DIVINE

1047 AMSTERDAM AVE
NEW YORK,NY10025 		NONE PC GENERAL PURPOSES 60,000

CENTER FOR INVESTIGATIVE REPORTING

PO BOX 8307
EMERYVILLE,CA94662 		NONE PC GENERAL PURPOSES 1,000

CENTRAL PARK CONSERVANCY

14 E 60TH STREET
NEW YORK,NY10022 		NONE PC GENERAL PURPOSES 2,000

CHRIST CHURCH GREENWICH

254 E PUTNAME AVENUE
GREENWICH,CT06830 		NONE PC GENERAL PURPOSES 111,000

COLONIAL THEATRE

WILCOX PARK
WESTERLY,RI02891 		NONE PC GENERAL PURPOSES 50,000

COMPASS ROSE SOCIETY

1225 TEXAS AVENUE
HOUSTON,TX77002 		NONE PC GENERAL PURPOSES 115,000

CORAL REEF ALLIANCE

548 MARKET STREET 29802
SAN FRANCISCO,CA94104 		NONE PC GENERAL PURPOSES 500

COTA

2501 WEST COTA DRIVE
BLOOMINGTON,IN47403 		NONE PC GENERAL PURPOSES 10,000

EAST BEACH ASSOCIATION

PO BOX 1055
WESTERLY,RI02891 		NONE PC GENERAL PURPOSES 1,000

EPISCOPAL CHURCH OF CT

290 PRATT STREET
MERIDEN,CT06450 		NONE PC GENERAL PURPOSES 20,000

FAMILY CENTERS

40 ARCH STREET
GREENWICH,CT06830 		NONE PC GENERAL PURPOSES 2,000

FERNANDO PULLMAN COMMUNITY ARTS CENTER

3551 W 43RD STREET
LOS ANGELES,CA90008 		NONE PC GENERAL PURPOSES 5,000

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

245 SUMMER STREET MZ NM43A
BOSTON,MA02210 		NONE PC GENERAL PURPOSES 1,000,000

FILMMAKERS

28 GREEN STREET
NEW YORK,NY10013 		NONE PC GENERAL PURPOSES 126,000

FOOD RESCUE US

1127 HIGH RIDGE ROAD SUITE 338
STAMFORD,CT06905 		NONE PC GENERAL PURPOSES 25,000

FOREIGN POLICY ASSOCIATION

551 FIFTH AVENUE 3000
NEW YORK,NY10176 		NONE PC GENERAL PURPOSES 3,000

FRICK COLLECTION

1 E 70TH STREET
NEW YORK,NY10021 		NONE PC GENERAL PURPOSES 538,400

FUTURE CHAMPIONS FOUNDATION

4421 CREEKSIDE DRIVE
WHITEHALL,MI49461 		NONE PC GENERAL PURPOSES 4,000

GARDEN CONSERVANCY

PO BOX 608
GARRISON,NY10524 		NONE PC GENERAL PURPOSES 36,200

GIRLS WITH IMPACT

15 E PUTNAM AVE SUITE 276
GREEWICH,CT06830 		NONE PC GENERAL PURPOSES 10,000

GREENWHICH HISTORICAL SOCIETY

47 STRICKLAND ROAD
COS COB,CT06807 		NONE PC GENERAL PURPOSES 7,500

GREENWICH DECORATIVE ARTS SOCIETY

PO BOX 5095
GREENWICH,CT06831 		NONE PC GENERAL PURPOSES 215

GREENWICH HOSPITAL

5 PERRYRIDGE ROAD
GREENWICH,CT06830 		NONE PC GENERAL PURPOSES 19,400

GREENWICH LIBRARY

101 W PUTNAM AVENUE
GREENWICH,CT06830 		NONE PC GENERAL PURPOSES 30,000

GREENWICH RIDING & TRAILS ASSOCIATION INC

1 BROOK CROSSWAY
GREENWICH,CT06830 		NONE PC GENERAL PURPOSES 22,000

GREENWICH TOWN PARTY

PO BOX 59
OLD GREENWICH,CT06870 		NONE PC GENERAL PURPOSES 12,000

GREENWICH UNITED WAY

500 WEST PUTNAM AVENUE
GREENWICH,CT06830 		NONE PC GENERAL PURPOSES 500

HEART CARE INTERNATIONAL INC

139 EAST PUTNAM AVENUE
GREENWICH,CT06830 		NONE PC GENERAL PURPOSES 5,000

HENRI NOUWEN SOCIETY

PO BOX 220522
ST LOUIS,MO63122 		NONE PC GENERAL PURPOSES 7,500

HILL HOUSE

101 RIVERSIDE AVENUE
RIVERSIDE,CT06878 		NONE PC GENERAL PURPOSES 2,500

HOLY TRINITY EPISCOPAL CHURCH

211 TRINITY PLACE
WEST PALM BEACH,FL33401 		NONE PC GENERAL PURPOSES 15,000

HUNTER FOUNDATION

5994 MAIN STREET
TANNERSVILLE,NY12485 		NONE PC GENERAL PURPOSES 834,127

INTERNATIONAL FRIENDS OF THE LONDON LIBRARY

515 MADISON AVENUE SUITE 725
NEW YORK,NY10022 		NONE PC GENERAL PURPOSES 10,000

INTERNATIONAL GENEROSITY FOUNDATION

1901 ULMERTON ROAD STE 400
CLEARWATER,FL33762 		NONE PC GENERAL PURPOSES 25,000

JANE GOODALL INSTITUTE USA

1120 20TH ST NW 520S
WASHINGTON,DC20036 		NONE PC GENERAL PURPOSES 2,000

JOAN CHITTISTER FUND FOR THE PRISONERS

355 EAST NINTH STREET
ERIE,PA16503 		NONE PC GENERAL PURPOSES 10,000

KNICKERBOCKER MUSIC CENTER INC

35 RAILROAD AVENUE
WESTERLY,RI02891 		NONE PC GENERAL PURPOSES 283,425

LIVING CHURCH

PO BOX 84
CONGERS,NY10920 		NONE PC GENERAL PURPOSES 25,000

MARLEY'S MUTTS DOG RESCUE

785 TUCKER RD
THACHAPI,CA93561 		NONE PC GENERAL PURPOSES 500

MEMORIAL SLOAN KETTERING CANCER CENTER

885 2ND AVENUE 7TH FLOOR
NEW YORK,NY10017 		NONE PC GENERAL PURPOSES 2,000

METROPOLITAN MUSEUM OF ART

100 5TH AVENUE
NEW YORK,NY10028 		NONE PC GENERAL PURPOSES 5,000

MOUNTAIN TOP LIBRARY

6093 MAIN STREET
TANNERSVILLE,NY12485 		NONE PC GENERAL PURPOSES 40,000

MUSEUM OF AMERICAN FINANCE

222 BROADWAY 19TH SL
NEW YORK,NY10038 		NONE PC GENERAL PURPOSES 41,600

MY CHI & ME

42 W DER RIVER CIRCLE
SPRING,TX77389 		NONE PC GENERAL PURPOSES 1,000

MYSTIC SEAPORT MUSEUM

75 GREENMANVILLE AVENUE
MYSTIC,CT06355 		NONE PC GENERAL PURPOSES 10,000

NEW ENGLAND SCIENCE & SAILING FOUNDATION

PO BOX 733
STONINGTON,CT06378 		NONE PC GENERAL PURPOSES 30,170

NEW YORK BOTANICAL GARDEN

2900 SOUTHERN BLVD
BRONX,NY10458 		NONE PC GENERAL PURPOSES 130,000

NEW YORK PUBLIC LIBRARY

445 FIFTH AVENUE
NEW YORK,NY10016 		NONE PC GENERAL PURPOSES 58,800

NEW YORK YACHT CLUB FOUNDATION

37 WEST 44TH STREET
NEW YORK,NY10036 		NONE PC GENERAL PURPOSES 5,000

NYC AUX POLICE FOUNDATION

THE BRONX
NEW YORK,NY10451 		NONE PC GENERAL PURPOSES 1,000

OCEAN COMMUNITY UNITED THEATER

5 CANAL STREET
WESTERLY,RI02891 		NONE PC GENERAL PURPOSES 386,000

OCEAN COMMUNITY YMCA

95 HIGH STREET
WESTERLY,RI02891 		NONE PC GENERAL PURPOSES 15,000

ORDER OF ST JOHN

1850 M STREET NW SUITE 1070
WASHINGTON,DC20036 		NONE PC GENERAL PURPOSES 1,000

PARTNERSHIP SCHOOLS

1011 FIRST AVENUE 1856
NEW YORK,NY10022 		NONE PC GENERAL PURPOSES 25,000

PINE POINT SCHOOL

89 BARNES ROAD
STONINGTON,CT06378 		NONE PC GENERAL PURPOSES 500

PRASAD

PO BOX 576
FERNDALE,NY12734 		NONE PC GENERAL PURPOSES 25,000

PRESERVATION FOUNDATION OF PALM BEACH

311 PERUVIAN AVENUE
PALM BEACH,FL33480 		NONE PC GENERAL PURPOSES 89,700

PRESERVATION LEAGUE OF NYS

44 CENTRAL AVENUE
ALBANY,NY12206 		NONE PC GENERAL PURPOSES 2,500

PRESERVATION SOCIETY OF NEWPORT COUNTY

423 BELLEVUE AVENUE
NEWPORT,RI02840 		NONE PC GENERAL PURPOSES 13,500

PRINCESS GRACE FOUNDATION-USA

888-C 8TH AVE 318
NEW YORK,NY10019 		NONE PC GENERAL PURPOSES 19,834

ROTARY CLUB OF WESTERLY FOUNDATION

PO BOX 407
WESTERLY,RI02891 		NONE PC GENERAL PURPOSES 5,000

ROYAL OAK FOUNDATION

20 W 44TH STREET SUITE 606
NEW YORK,NY10036 		NONE PC GENERAL PURPOSES 5,730

ROYCE KITTLE FAMILY FUND

C/O ROYCE ASSOCIATES
GREENWHICH,CT06830 		NONE PC GENERAL PURPOSES 25,000

SCHOOL OF ST JUDE

1696 CANARSIE RD
BROOKLYN,NY11236 		NONE PC GENERAL PURPOSES 1,000

SIMON WIESENTHAL

1399 SOUTH ROXBURY DRIVE
LOS ANGELES,CA90035 		NONE PC GENERAL PURPOSES 900

SMILOW CANCER CENTER

35 PARK STREET
NEW HAVEN,CT06519 		NONE PC GENERAL PURPOSES 2,500

SOCIETY OF THE FOUR ARTS

100 FOUR ARTS PLAZA
PALM BEACH,FL33480 		NONE PC GENERAL PURPOSES 25,000

ST BARNABAS EPSICOPAL CHURCH

954 LAKE AVENUE
GREENWICH,CT06831 		NONE PC GENERAL PURPOSES 75,000

ST GEORGE'S SCHOOL

372 PURGATORY ROAD
MIDDLETOWN,RI02842 		NONE PC GENERAL PURPOSES 5,000

ST PAUL'S EPISCOPAL CHURCH

200 RIVERSIDE AVENUE
RIVERSIDE,CT06878 		NONE PC GENERAL PURPOSES 5,000

STANWICH CHURCH

888 NORTH STREET
GREENWICH,CT06831 		NONE PC GENERAL PURPOSES 50,000

SYDA FOUNDATION

PO BOX 600
SO FALLSBURG,NY12779 		NONE PC GENERAL PURPOSES 25,000

TELEMACHUS

21 DEMPSEY LANE
GREENWICH,CT06830 		NONE PC GENERAL PURPOSES 15,000

THE PUBLIC RADIO

160 VARICK ST
NEW YORK,NY10013 		NONE PC GENERAL PURPOSES 65,000

TRINITY FORUM

1015 18TH STREET NW SUITE 201
WASHINGTON DC,DC20036 		NONE PC GENERAL PURPOSES 5,000

TRINITY REPERTORY COMPANY

201 WASHINGTON STREET
PROVIDENCE,RI02903 		NONE PC GENERAL PURPOSES 15,000

TRUE AND FAITHFUL PET RESCUE MISSION

266 JACKSON RD
VANICE,FL34292 		NONE PC GENERAL PURPOSES 1,000

UNITED THEATER EDUCATION CENTER

PO BOX 384
WESTERLY,RI02891 		NONE PC GENERAL PURPOSES 25,000

URBAN RESOURCE INSTITUTE

205 EAST 42 STREET 13TH FLOOR
NEW YORK,NY10017 		NONE PC GENERAL PURPOSES 11,000

USS GROTON SAIL FOUNDATION

64 PLEASANT ST
GROTON,CT06340 		NONE PC GENERAL PURPOSES 25,000

WARM CENTER

55 SPRUCE STREET
WESTERLY,CT02891 		NONE PC GENERAL PURPOSES 1,000

WATCH HILL CONSERVANCY

1 BAY STREET
WESTERLY,RI02891 		NONE PC GENERAL PURPOSES 5,000

WESTERLY ARMORY

PO BOX 614
WESTERLY,RI02891 		NONE PC GENERAL PURPOSES 1,000

WYCLIFFE COLLEGE

58 WEST84TH STREET 2F
NEW YORK,NY10024 		NONE PC GENERAL PURPOSES 20,000

YMCA GREENWICH

50 EAST PUTNAM AVE
GREENWICH,CT06830 		NONE PC GENERAL PURPOSES 1,000
Total .................................right arrow 3a 5,890,470
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 2,924,307  
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 ............ 		900001 -4,111 18 2,752,834  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aLOSS ON INVESTMENT IN LTD PARTNERSHIP 		523000 80,151 18 -1,122,478  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 76,040 4,554,663 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,630,703
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
ROYCE FAMILY FUND INC
 
C/O ROYCE & ASSOCIATES
EIN:
13-3318620
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING AND TAX RETURN PREPARATION FEES 6,825 1,706   5,119

TY 2024 InvestmentsCorpStockSchedule
Name:
ROYCE FAMILY FUND INC
 
C/O ROYCE & ASSOCIATES
EIN:
13-3318620
Name of Stock End of Year Book Value End of Year Fair Market Value
ROYCE FAMILY INVESTMENTS LLC 27,410,948 26,303,220
TICC MANAGEMENT 10,698,627 339,826
EVERSIDE FOUNDERS FUND 2,583,528 2,878,833
EVERSIDE FUND II 1,817,699 2,042,943
HELIOS STRATEGIC FUND LLC 4,256,208 4,424,242
FOURTH SAIL LONG OFFSHORE 1,750,000 2,967,313
GREENHAVEN ROAD CAPITAL 873,469 1,143,850
MARBLEGATE SPECIAL OPPORTUNITIES FUND 1,166,815 2,386,272
ROYCE PREMIER FUND 548,947 492,937
INTERNATIONAL FINE FOODS 276,200 0
ROYCE GLOBAL VALUE TRUST 854,567 984,265
ROYCE SMALL CAP TRUST INC COM (FKA ROYCE VALUE TRUST INC) 1,853,869 1,869,619
OXFORD SQUARE CAP CORP (THRU UBS) 2,743,420 1,260,721
OXFORD LANE CAP CORP 5,302,868 3,251,148
EVERSIDE FUND III 1,656,459 1,581,636
VANTAGEROCKCAPITAL OFFSHORE FUND LTD. 1,233,073 1,278,894
EVERSIDE FUND IV LP 179,631 277,109
ARTISAN INTL VALUE FUND INV CL 341,586 599,972
DFA EMERGING MARKETS PORTFOLIO 191,955 157,554
DRIEHAUS INTERNAT'L SMALL CAP GROWTH FD 333,842 256,496
MATTHEWS ASIAN INNOVATORS FD INVST 97,449 267,159
ROYCE INTRNL PREMIER FD INVESTMENT CLASS 516,563 583,427
ROYCE SMALL CAP INVESTMENT CLASS SHS (FKA PENNSYLVANIA MUTUAL FUND INV CL) 393,795 360,346
ROYCE SMALL-CAP TOT RETURN INVESTMENT CL 428,209 256,558
WASATCH EMERGING INDIA FUND 91,975 237,840
OXFORD SQUARE CAP CORP COM (THRU ROCKEFELLER) 1,515,178 838,035
ROYCE MICRO-CAP TRUST INC 69,018 94,055
SPROTT FOCUS TRUST INC (FKA ROYCE FOCUS TRUST INC) 496,014 524,695
LEGG MASON ETF INVT ROYCE QUANT SML 562,729 769,256
SPDR GOLD TR GOLD SHS GLD 296,015 935,348
ROYCE VALUE GLOBAL TRUST (THRU UBS) 2,607,202 1,977,172

TY 2024 OtherAssetsSchedule
Name:
ROYCE FAMILY FUND INC
 
C/O ROYCE & ASSOCIATES
EIN:
13-3318620
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
WESTERLY HIGHER EDUCATION CENTER - PRI 2,504,569 2,511,315 2,511,315
35 RAILROAD LLC - PRI 2,699,552 2,745,782 2,745,782
WESTERLY NOTE - WESTERLY LAND TRUST FOUNDATION - PRI 5,670,048 5,670,049 5,670,049
HUNTER MOUNTAIN FOUNDATION - PRI 9,489,206 9,493,472 9,493,472
OCEAN COMMUNITY UNITED THEATRE - PRI 1,241,669 1,241,669 1,241,669
WESTERLY HIGHER EDUCATION - LAND - PRI 446,319 446,319 446,319
PROMISSORY NOTE - ANCHOR HEALTH INITIATIVE - PRI 175,000 175,000 175,000
RECEIVABLE - STORAGE 9,235 4,885 4,885
23 ELM STREET LLC 605,962 620,462 620,462
LOANS AND EXCHANGE 0 10,000 10,000


TY 2024 OtherExpensesSchedule
Name:
ROYCE FAMILY FUND INC
 
C/O ROYCE & ASSOCIATES
EIN:
13-3318620
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DIRECT CHARITABLE EXPENSES - SEE PART IX-A 450,075 0   450,075
INVESTMENT EXPENSES 190 190   0
MISCELLANEOUS EXPENSES 14,801 0   14,801


TY 2024 OtherIncomeSchedule2
Name:
ROYCE FAMILY FUND INC
 
C/O ROYCE & ASSOCIATES
EIN:
13-3318620
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
LOSS ON INVESTMENT IN LTD PARTNERSHIP -1,042,327 -1,122,478 -1,042,327


TY 2024 OtherIncreasesSchedule
Name:
ROYCE FAMILY FUND INC
 
C/O ROYCE & ASSOCIATES
EIN:
13-3318620
Description Amount
NET UNREALIZED APPRECIATION ON PASS-THROUGH ENTITIES AND INVESTMENTS 33,881
COST BASIS ADJUSTMENT 108,666


TY 2024 OtherLiabilitiesSchedule
Name:
ROYCE FAMILY FUND INC
 
C/O ROYCE & ASSOCIATES
EIN:
13-3318620
Description Beginning of Year - Book Value End of Year - Book Value
OTHER PAYABLES 41,872 41,872


TY 2024 OtherProfessionalFeesSchedule
Name:
ROYCE FAMILY FUND INC
 
C/O ROYCE & ASSOCIATES
EIN:
13-3318620
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES IN CONNECTION WITH FOUNDATION MATTERS 108,333 0   108,333


TY 2024 TaxesSchedule
Name:
ROYCE FAMILY FUND INC
 
C/O ROYCE & ASSOCIATES
EIN:
13-3318620
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN WITHOLDING TAXES THROUGH BROKERAGE 9,923 9,923   0
FOREIGN WITHOLDING TAXES THROUGH PARTNERSHIPS 34,474 34,474   0