Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE DUBOSE & DOROTHY HEYWARD MEM FD
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 185
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152300185
A Employer identification number

13-6840999
B Telephone number (see instructions)

(516) 294-2505
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$17,473,799J 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... 304,436 303,987  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 780,101
b Gross sales price for all assets on line 6a 3,202,171
7 Capital gain net income (from Part IV, line 2)... 780,101
8 Net short-term capital gain......... 0
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
497,850 497,850  
12 Total. Add lines 1 through 11........ 1,582,387 1,581,938  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 177,000 79,650   97,350
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
95,371 85,833 0 9,537
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
750 0 0 750
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
20,962 5,074   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,032 97   935
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 295,115 170,654 0 108,572
25 Contributions, gifts, grants paid....... 700,000 700,000
26 Total expenses and disbursements. Add lines 24 and 25 995,115 170,654 0 808,572
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 587,272
b Net investment income (if negative, enter -0-) 1,411,284
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......... 769,798 702,224 702,224
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 13,684,225 Click to see attachment
List of Attached Documents:
// Content
14,353,352 		16,771,575
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) 14,454,023 15,055,576 17,473,799
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
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........ 14,454,023 15,055,576
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 14,454,023 15,055,576
30 Total liabilities and net assets/fund balances (see instructions). 14,454,023 15,055,576
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
14,454,023
2
Enter amount from Part I, line 27a .....................
2
587,272
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
16,914
4
Add lines 1, 2, and 3 ..........................
4
15,058,209
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,633
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
15,055,576
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 45000. KIMCO RLTY CORP 2.7% 3/01/24   2019-06-19 2024-01-03
b 35000. BANK OF MONTREAL 5.203% 2/01/28   2024-01-03 2024-01-04
c 120. ASSURANT INC   2023-08-18 2024-01-05
d 134. AON PLC/IRELAND A   2023-07-10 2024-01-05
e 24. ASSURANT INC   2023-08-23 2024-01-08
45000. HSBC HOLDINGS PLC 3.803% 3/11/25   2021-01-13 2024-01-17
218. BUNGE GLOBAL SA   2023-07-31 2024-01-22
710. MORGAN STANLEY DEAN WITTER & CO   2023-07-10 2024-02-05
65. NORTHROP GRUMMAN CORP   2023-07-10 2024-02-05
40000. C V S HEALTH CORP 4.3% 3/25/28   2019-09-24 2024-02-13
42. BERKSHIRE HATHAWAY INC DEL CL B   2023-06-30 2024-02-21
34. BERKSHIRE HATHAWAY INC DEL CL B   2023-09-21 2024-02-21
590. COCA - COLA CO   2023-10-24 2024-02-21
38. ELI LILLY & CO COM   2020-06-23 2024-02-21
170. MARATHON PETROLEUM CORP   2023-07-10 2024-02-21
735. EXXON MOBIL CORP   2022-10-10 2024-02-28
680. SHELL PLC-W/I-ADR   2023-07-10 2024-02-28
45000. EBAY INC 3.45% 8/01/24   2017-09-22 2024-03-13
168. ELI LILLY & CO COM   2020-06-23 2024-03-28
303. PROGRESSIVE CORP OHIO   2023-07-10 2024-03-28
35000. GENERAL MOTORS FINL 2.75% 6/20/25   2023-06-12 2024-04-11
15392.509 BNY MELLON SMALL CAP STK FD CL M SHS   2005-06-21 2024-04-23
198. ABBVIE INC   2023-09-21 2024-04-25
432. ABBVIE INC   2019-09-20 2024-04-25
25000. ESSEX PORTFOLIO LP   2016-11-10 2024-05-01
12599.197 BNY MELLON SMALL CAP STK FD CL M SHS   1996-02-29 2024-05-03
320. CF INDS HLDGS INC   2023-07-10 2024-05-07
1280. INTERPUBLIC GROUP OF COMPANIES INC   2023-07-10 2024-05-08
45000. BANK OF AMERICA CORP 4.45% 3/03/26   2018-09-06 2024-06-04
45000. ORACLE CORP 4.9% 2/06/33   2023-07-20 2024-06-10
700. INTEL CORPORATION   2023-09-21 2024-06-12
460. SHOPIFY INC-A W/I   2023-11-03 2024-06-12
520. SHOPIFY INC-A W/I   2023-12-18 2024-06-12
90. NORTHROP GRUMMAN CORP   2023-07-10 2024-06-24
.8333 GRAIL INC   2023-07-31 2024-07-08
112. ARES MANAGEMENT CORP   2023-07-10 2024-07-23
71. CINTAS CORP   2023-07-10 2024-07-23
42.6667 GRAIL INC   2023-07-31 2024-07-23
10.3333 GRAIL INC   2023-07-10 2024-07-23
910. NEWMONT MINING CORP   2023-12-07 2024-07-23
320. CRH PLC   2023-11-16 2024-07-23
606. INTERNATIONAL GAME TECHNOLOG   2023-07-10 2024-07-23
338. ARES MANAGEMENT CORP   2023-04-12 2024-07-24
561. INTERNATIONAL GAME TECHNOLOG   2023-04-24 2024-07-24
177. CONSTELLATION ENERGY CORP   2023-07-10 2024-07-25
610. EDWARDS LIFESCIENCES CORP   2024-03-28 2024-07-25
560. INTERNATIONAL GAME TECHNOLOG   2023-04-17 2024-07-25
563. INTERNATIONAL GAME TECHNOLOG   2023-04-14 2024-07-26
262. CHEVRON CORPORATION   2024-02-28 2024-08-01
45000. MORGAN STANLEY 0.1% 7/20/27   2021-09-27 2024-08-06
120. J P MORGAN CHASE & CO   2017-11-21 2024-08-08
57. EATON CORP PLC   2024-01-05 2024-08-08
78. EATON CORP PLC   2012-11-30 2024-08-08
64. TRANE TECHNOLOGIES PLC   2012-02-16 2024-08-08
35000. MCCORMICK & CO 3.15% 8/15/24   2017-10-11 2024-08-15
20. EATON CORP PLC   2012-11-30 2024-08-27
182. EATON CORP PLC   2012-11-30 2024-08-27
218. ROSS STORES INC   2023-09-21 2024-08-28
670. OCCIDENTAL PETROLEUM CORPORATION COMMON   2023-07-10 2024-09-12
116. J P MORGAN CHASE & CO   2017-11-21 2024-09-13
413. NOVARTIS AG SPNSRD ADR   2024-04-25 2024-09-13
111. WILLIS TOWERS WATSON PLC   2024-07-23 2024-10-04
20000. JOHN DEERE CAPITAL C 1.05% 6/17/26   2021-06-14 2024-10-22
25000. TELEFONICA EMISIONES 4.103% 3/08/27   2017-03-07 2024-10-22
600. CITIGROUP INC   2024-02-28 2024-10-24
590. SANOFI-SYNTHELABO   2023-04-14 2024-10-24
31. UNITED HEALTH GROUP INC   2023-11-20 2024-10-24
15. UNITED HEALTH GROUP INC   2024-04-25 2024-10-24
139. ALLSTATE CORP COM   2023-12-07 2024-10-31
167. T -MOBILE US INC   2024-07-23 2024-10-31
35000. T-MOBILE USA INC 3.75% 4/15/27   2021-06-01 2024-11-06
74. CONSTELLATION ENERGY CORP   2023-07-10 2024-11-14
30. UNITED HEALTH GROUP INC   2024-04-25 2024-11-14
24. UNITED HEALTH GROUP INC   2016-09-14 2024-11-14
40000. VERIZON COMMUNICATIO 2.625% 8/15/26   2018-06-26 2024-11-21
620. CELSIUS HOLDINGS INC   2024-07-23 2024-11-26
203. DEXCOM INC   2024-04-25 2024-11-26
238. DEXCOM INC   2024-07-25 2024-11-26
1650. SCHLUMBERGER LIMITED COM   2023-04-12 2024-12-13
CAPITAL GAIN DIVIDENDS P    
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(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 44,762   44,710 52
b 35,398   35,386 12
c 20,218   16,804 3,414
d 38,528   44,969 -6,441
e 3,999   3,341 658
44,849   49,095 -4,246
19,399   24,223 -4,824
61,115   60,704 411
28,779   29,420 -641
38,731   43,446 -4,715
17,138   14,324 2,814
13,874   12,355 1,519
35,972   32,921 3,051
28,084   9,710 18,374
28,207   19,992 8,215
76,578   73,314 3,264
42,564   41,025 1,539
44,593   45,863 -1,270
131,296   26,302 104,994
62,672   39,805 22,867
33,756   33,115 641
300,000   174,639 125,361
33,063   30,390 2,673
72,137   31,462 40,675
25,000   25,960 -960
249,464   133,516 115,948
23,822   22,467 1,355
39,507   48,471 -8,964
44,299   45,361 -1,062
43,521   43,509 12
21,915   24,275 -2,360
29,785   27,389 2,396
33,670   40,099 -6,429
38,730   40,126 -1,396
12   27 -15
16,831   10,271 6,560
53,749   34,252 19,497
652   1,077 -425
158   322 -164
42,793   36,004 6,789
26,273   18,985 7,288
12,516   18,918 -6,402
49,430   27,604 21,826
11,351   16,943 -5,592
30,116   16,177 13,939
37,110   58,317 -21,207
11,307   15,794 -4,487
13,086   15,588 -2,502
39,974   39,867 107
42,203   44,892 -2,689
24,413   13,646 10,767
16,295   13,399 2,896
22,298   2,887 19,411
20,912   1,583 19,329
35,000   35,504 -504
5,949   740 5,209
53,891   6,735 47,156
32,689   24,689 8,000
34,211   39,113 -4,902
23,816   11,511 12,305
47,680   42,297 5,383
32,268   30,304 1,964
18,996   19,967 -971
24,726   24,961 -235
37,727   33,072 4,655
30,395   32,547 -2,152
17,419   16,622 797
8,429   7,430 999
26,045   19,338 6,707
37,356   29,440 7,916
34,205   38,548 -4,343
16,793   6,763 10,030
17,788   14,860 2,928
14,231   3,525 10,706
38,908   35,486 3,422
17,160   29,231 -12,071
15,720   28,043 -12,323
18,431   26,083 -7,652
66,304   86,617 -20,313
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
      219,130
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       52
b       12
c       3,414
d       -6,441
e       658
      -4,246
      -4,824
      411
      -641
      -4,715
      2,814
      1,519
      3,051
      18,374
      8,215
      3,264
      1,539
      -1,270
      104,994
      22,867
      641
      125,361
      2,673
      40,675
      -960
      115,948
      1,355
      -8,964
      -1,062
      12
      -2,360
      2,396
      -6,429
      -1,396
      -15
      6,560
      19,497
      -425
      -164
      6,789
      7,288
      -6,402
      21,826
      -5,592
      13,939
      -21,207
      -4,487
      -2,502
      107
      -2,689
      10,767
      2,896
      19,411
      19,329
      -504
      5,209
      47,156
      8,000
      -4,902
      12,305
      5,383
      1,964
      -971
      -235
      4,655
      -2,152
      797
      999
      6,707
      7,916
      -4,343
      10,030
      2,928
      10,706
      3,422
      -12,071
      -12,323
      -7,652
      -20,313
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 780,101
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 19,617
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 19,617
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 19,617
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 13,096
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 13,096
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 6,521
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 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$   (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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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 arrowNY
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 arrowN/A
14
The books are in care ofright arrowBNY MELLON NA Telephone no.right arrow (516) 294-2505

Located atright arrowPO BOX 185PITTSBURGHPA ZIP+4right arrow152300185
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
BNY MELLON N A TRUSTEE
1 		132,412    
PO BOX 185
PITTSBURGH,PA152300185
JEFFREY R EGAN CO-TRUSTEE
1 		44,588    
PO BOX 185
PITTSBURGH,PA152300185
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right 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
16,574,947
b
Average of monthly cash balances.......................
1b
732,727
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
17,307,674
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
17,307,674
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
259,615
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
17,048,059
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
852,403
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
852,403
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
19,617
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
19,617
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
832,786
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
832,786
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
832,786
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
808,572
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
808,572
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 7 832,786
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...... 0
b From 2020...... 0
c From 2021...... 0
d From 2022...... 120,649
e From 2023...... 109,741
f Total of lines 3a through e ........ 230,390
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 808,572
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..... 808,572
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 24,214 24,214
(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 5 206,176
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 ...... 		206,176
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 96,435
d Excess from 2023.... 109,741
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
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.
NONE
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

MCCARTER THEATRE CENTRE

91 UNIVERSITY PLACE
PRINCETON,NJ08540 		NONE PC GENERAL OPERATING 25,000

BONE MARROW AND CANCER FOUNDATION

515 MADISON AVE SUITE 1130
NEW YORK,NE10022 		NONE PC GENERAL OPERATING 20,000

BROOKLYN ACADEMY OF MUSIC INC

30 LAFAYETTE AVE
BROOKLYN,NY112171430 		NONE PC GENERAL OPERATING 25,000

THE BROOKLYN HOSPITAL FDN HEYWARD MEM FD

121 DEKALB AVE
BROOKLYN,NY112015425 		NONE PC GENERAL OPERATING 20,000

NORTHWELL HEALTH FOUNDATION

972 BRUSH HOLLOW ROAD 5TH FL
WESTBURY,NY115901740 		NONE PC GENERAL OPERATING 20,000

THE MACDOWELL COLONY

100 HIGH STREET
PETERBOROUGH,NH03458 		NONE PC GENERAL OPERATING 125,000

NEW DRAMATISTS INC

424 W 44TH ST
NEW YORK,NY100365205 		NONE PC GENERAL OPERATING 25,000

AMERICAN CANCER SOCIETY

3380 CHASTAIN MEADOWS PKWY
KENNESAW,GA30144 		NONE PC GENERAL OPERATING 20,000

LINCOLN CENTER FOR THE PERFORMING ARTS I

70 LINCOLN CENTER PLAZA
NEW YORK,NY100236548 		NONE PC GENERAL OPERATING 25,000

MEMORIAL SLOAN KETTERING

1275 YORK AVE
NEW YORK,NY10065 		NONE PC GENERAL OPERATING PURPOSES 20,000

DANCE THEATRE OF HARLEM INC

466 W 152ND ST
NEW YORK,NY100311814 		NONE PC GENERAL OPERATING 25,000

SPANISH THEATRE REPERTORY CO LTD

138 E 27TH ST
NEW YORK,NY100169001 		NONE PC GENERAL OPERATING 25,000

NEW YORK CITY CENTER INC

130 WEST 56TH STREET
NEW YORK,NY100193962 		NONE PC GENERAL OPERATING 25,000

THEATRE FOR A NEW AUDIENCE INC

154 CHRISTOPHER ST STE 3D
NEW YORK,NY100142840 		NONE PC GENERAL OPERATING 75,000

NEW YORKPRESBYTERIAN FUND INC

525 EAST 68TH STREET BOX 156
NEW YORK,NY100654870 		NONE PC GENERAL OPERATING 20,000

TEATRO GRATTACIELO

551 WESTCHESTER AVE
RYE BROOK,NY105732818 		NONE PC GENERAL OPERATING 25,000

JAZZ AT LINCOLN CENTER INC

3 COLUMBUS CIRCLE
NEW YORK,NY100198760 		NONE PC GENERAL OPERATING 25,000

NYU LANGONE HOSPITALS

550 1ST AVE
NEW YORK,NY100166402 		NONE PC GENERAL OPERATING 20,000

LEUKEMIA & LYMPHOMA SOCIETY INC

3 INTERNATIONAL DR STE 200
RYE BROOK,NY105737501 		NONE PC GENERAL OPERATING 20,000

GLIMMERGLASS OPERA THEATRE INC

PO BOX 191
COOPERSTOWN,NY133260191 		NONE PC GENERAL OPERATING 50,000

DEBORAH HOSPITAL FOUNDATION

212 TRENTON RD
BROWNS MILLS,NJ080151705 		NONE PC GENERAL OPERATING 20,000

CHARLESTON STAGE COMPANY

PO BOX 356
CHARLESTON,SC294020356 		NONE PC GENERAL OPERATING 25,000

LYMPHOMA RESEARCH FOUNDATION

WALL ST PLAZA 88 PINE STREET SUITE
NEW YORK,NY100051801 		NONE PC GENERAL OPERATING 20,000
Total .................................right arrow 3a 700,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 304,436  
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 ............ 		    18 780,101  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aROYALTY INCOME 		    15 497,850  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   1,582,387  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,582,387
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
THE DUBOSE & DOROTHY HEYWARD MEM FD
EIN:
13-6840999
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 750     750

TY 2024 InvestmentsOtherSchedule2
Name:
THE DUBOSE & DOROTHY HEYWARD MEM FD
EIN:
13-6840999
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
278642AL7 EBAY INC      
05569M855 BNY MELLON EMERGING AT COST 259,595 289,982
780082AD5 ROYAL BANK OF CANADA AT COST 44,928 44,942
026874784 AMERICAN INTERNATION AT COST 11,344 31,304
06051GFU8 BANK OF AMERICA CORP      
91324P102 UNITED HEALTH GROUP AT COST 14,924 56,656
05569M509 BNY MELLON MID CAP S AT COST 534,954 717,419
29717PAN7 ESSEX PORTFOLIO LP      
46625H100 J P MORGAN CHASE & C AT COST 44,485 107,630
594918104 MICROSOFT CORP COM AT COST 172,284 456,063
87938WAT0 TELEFONICA EMISIONES AT COST 19,969 19,683
929089100 VOYA FINANCIAL INC AT COST 24,577 38,545
G29183103 EATON CORP PLC      
05569M806 BNY MELLON SMALL CAP      
92343VDD3 VERIZON COMMUNICATIO      
023135106 AMAZON COM INC AT COST 153,557 368,136
037833100 APPLE INC AT COST 176,853 406,181
579780AM9 MCCORMICK & CO      
05569M301 BNY MELLON INCOME ST AT COST 105,578 122,753
53944YAB9 LLOYDS BANKING GROUP AT COST 46,876 44,735
00774MAG0 AERCAP AT COST 41,174 39,905
05587K857 BNYM INTL STCK-Y AT COST 335,000 403,486
482480AG5 K L A-TENCOR CORP AT COST 49,351 43,900
464287465 ISHARES MSCI EAFE IN AT COST 388,124 468,782
035240AQ3 ANHEUSER-BUSCH INBEV AT COST 40,746 39,984
12572Q105 CME GROUP INC AT COST 87,387 108,684
05588F709 BNYM GLBL RL EST SEC AT COST 115,682 114,253
49446RAR0 KIMCO RLTY CORP      
00287Y109 ABBVIE INC      
126650CX6 C V S HEALTH CORP      
191216100 COCA-COLA CO USD      
26078JAD2 DOWDUPONT INC AT COST 26,051 24,886
337738AU2 FISERV INC AT COST 47,371 42,222
532457108 ELI LILLY & CO COM      
254687FX9 WALT DISNEY COMPANY/ AT COST 48,331 39,836
11134LAR0 BROADCOM CRP / CAYM AT COST 42,356 38,513
25470DAR0 DISCOVERY COMMUNICAT AT COST 44,840 37,871
713448EZ7 PEPSICO INC 1.625% 5 AT COST 29,956 25,598
874060AW6 TAKEDA PHARMACEUTICA AT COST 50,138 40,090
00206RHJ4 A T & T INC AT COST 53,739 44,025
031162CT5 AMGEN INC AT COST 40,420 37,928
20030NCA7 COMCAST CORP AT COST 45,100 38,110
00287YBF5 ABBVIE INC AT COST 44,739 39,390
G8994E103 TRANE TECHNOLOGIES P AT COST 3,437 51,340
501044DQ1 KROGER CO AT COST 41,744 37,074
61747YEC5 MORGAN STANLEY      
24422EVR7 JOHN DEERE CAPITAL C AT COST 19,967 19,044
404280BZ1 HSBC HOLDINGS PLC      
87264ABD6 T-MOBILE USA INC      
05971KAG4 BANCO SANTANDER S.A. AT COST 44,091 38,108
22550L2G5 CREDIT SUISSE NEW YO AT COST 44,898 42,568
00206R102 AT&T INC AT COST 62,215 86,981
46434G764 ISHARES MSCI EMERGIN AT COST 73,225 77,630
30231G102 EXXON MOBIL CORP      
517834107 LAS VEGAS SANDS CORP AT COST 41,685 54,955
020002101 ALLSTATE CORP COM AT COST 39,789 55,138
78468R622 S P D R BBG BARC HIG AT COST 407,289 420,068
31618H283 FIDELITY ADV INTL SM AT COST 160,000 181,810
464287457 ISHARES 1-3 YEAR TRE AT COST 622,235 614,850
09260B382 BLACKROCK STRAT INC AT COST 59,743 61,828
9AA015980 INTELLECTUAL PROPERT AT COST 4,301,000 4,350,000
00771X419 G Q G PART EMERG MKT AT COST 60,000 78,019
016255101 ALIGN TECHNOLOGY INC AT COST 69,407 40,868
02079K107 ALPHABET INC AT COST 253,627 405,828
031100100 AMETEK INC NEW AT COST 57,760 64,894
038222105 APPLIED MATERIALS IN AT COST 65,845 76,599
03990B101 ARES MANAGEMENT CORP      
04273WAC5 ARROW ELECTRONICS IN AT COST 37,081 38,304
04621X108 ASSURANT INC AT COST 49,369 49,041
05589K400 BNYM FLTNG RT INC-Y AT COST 30,000 30,919
06738ECD5 BARCLAYS PLC 7.385% AT COST 36,793 37,099
075887109 BECTON DICKINSON AND AT COST 112,678 101,638
084670702 BERKSHIRE HATHAWAY I AT COST 113,905 151,396
09073M104 BIO-TECHNE CORP AT COST 33,187 30,973
097023DC6 BOEING CO AT COST 35,999 36,313
10373QBT6 B P CAP MARKETS AMER AT COST 33,153 34,228
125269100 CF INDS HLDGS INC      
16679L109 CHEWY INC - CLASS A AT COST 39,629 53,919
17275R102 CISCO SYS INC AT COST 85,317 98,864
172908105 CINTAS CORP      
172967PA3 CITIGROUP INC AT COST 41,059 41,944
20825C104 CONOCOPHILLIPS AT COST 70,080 62,874
21037T109 CONSTELLATION ENERGY AT COST 26,414 64,652
21688AAY8 COOPERAT RABOBANK UA AT COST 35,428 35,580
22160N109 COSTAR GROUP INC AT COST 56,041 46,534
233203421 DFA EMERG MKTS CORE AT COST 60,000 66,641
235851102 DANAHER CORP COMMON AT COST 95,624 102,838
25160PAH0 DEUTSCHE BANK NY AT COST 35,960 38,048
254687106 DISNEY (WALT) COMPAN AT COST 42,345 53,448
25746U109 DOMINION RES INC VA AT COST 61,088 68,941
35671D857 FREEPORT-MCMORAN COP AT COST 58,667 55,216
37045V100 GENERAL MOTORS CO AT COST 32,244 46,345
37045XCX2 GENERAL MOTORS FINL      
38141G104 GOLDMAN SACHS GROUP AT COST 42,120 76,158
38141GZM9 GOLDMAN SACHS GROUP AT COST 37,788 38,784
443201108 HOWMET AEROSPACE INC AT COST 48,798 100,620
443573100 HUBSPOT INC AT COST 67,017 87,793
452327109 ILLUMINA INC AT COST 48,794 43,162
45687V106 INGERSOLL RAND INC AT COST 52,697 73,273
458140100 INTEL CORPORATION      
460690100 INTERPUBLIC GROUP OF      
464287804 ISHARES TR S & P SMA AT COST 212,542 236,201
46647PBD7 J P MORGAN CHASE BAN AT COST 36,741 37,878
49177J102 KENVUE INC AT COST 59,105 51,667
550021109 LULULEMON ATHLETICA AT COST 30,862 31,740
56585A102 MARATHON PETROLEUM C AT COST 23,637 28,040
617446448 MORGAN STANLEY DEAN      
62954HAV0 N X P BV/NXP FDG/NXP AT COST 37,563 38,827
651639106 NEWMONT MINING CORP AT COST 25,321 23,821
666807102 NORTHROP GRUMMAN COR      
67066G104 NVIDIA CORP AT COST 101,199 511,645
674599105 OCCIDENTAL PETROLEUM      
68389XCP8 ORACLE CORP 4.9% 2/0      
716973AD4 PFIZER INVESTMENT EN AT COST 42,159 44,525
743315103 PROGRESSIVE CORP OHI      
759916109 REPLIGEN CORP AT COST 39,429 38,576
776696106 ROPER TECHNOLOGIES I AT COST 65,343 71,219
778296103 ROSS STORES INC      
780097BA8 ROYAL BANK OF SCOTLA AT COST 34,250 34,988
780259305 SHELL PLC-W/I-ADR      
80105N105 SANOFI-SYNTHELABO AT COST 41,632 39,066
803607100 SAREPTA THERAPEUTICS AT COST 39,625 42,070
806857108 SCHLUMBERGER LIMITED      
82509L107 SHOPIFY INC-A W/I      
852234103 BLOCK INC AT COST 45,620 58,643
90353T100 UBER TECHNOLOGIES IN AT COST 29,875 42,224
92338C103 VERALTO CORP-W/I AT COST 44,836 59,175
98978V103 ZOETIS INC AT COST 48,664 42,199
G0403H108 AON PLC/IRELAND A AT COST 29,705 35,557
G25508105 CRH PLC AT COST 31,270 52,736
G4863A108 INTERNATIONAL GAME T      
G5960L103 MEDTRONIC PLC AT COST 106,272 98,252
G7496G103 RENAISSANCERE HLDGS AT COST 46,204 54,489
H11356104 BUNGE GLOBAL SA      
060505104 BANK OF AMERICA CORP AT COST 38,290 44,390
06051GMA4 BANK OF AMERICA CORP AT COST 45,161 45,049
06368LWU6 BANK OF MONTREAL AT COST 36,061 35,889
071813109 BAXTER INTL INC COM AT COST 30,320 22,162
110122108 BRISTOL MYERS SQUIBB AT COST 42,116 48,642
126650DT4 CVS HEALTH CORP AT COST 39,612 39,158
17275RBR2 CISCO SYSTEMS INC AT COST 24,736 25,147
25278X109 DIAMONDBACK ENERGY I AT COST 33,015 33,094
26884L109 EQT CORP COM AT COST 99,935 117,119
320517105 FIRST HORIZON NATL C AT COST 27,653 39,474
36828A101 GE VERNOVA LLC AT COST 43,610 81,575
37045XER3 GENERAL MOTORS FINL AT COST 34,682 35,461
375558103 GILEAD SCIENCES INC AT COST 31,999 33,253
404280DV8 H S B C HOLDINGS PLC AT COST 46,746 46,701
443510607 HUBBELL INC COM AT COST 111,196 118,127
458140CL2 INTEL CORP AT COST 19,690 19,188
460146103 INTERNATIONAL PAPER AT COST 44,471 51,129
46120E602 INTUITIVE SURGICAL I AT COST 56,199 73,596
464287507 ISHARES TR S&P MIDCA AT COST 139,147 149,544
464287655 ISHARES RUSSELL 2000 AT COST 303,276 333,650
502431109 L3HARRIS TECHNOLOGIE AT COST 70,223 69,603
504922105 LABCORP HOLDINGS INC AT COST 41,321 46,781
59156R108 METLIFE INC AT COST 32,774 31,933
60937P106 MONGODB INC AT COST 51,863 35,853
61747YFK6 MORGAN STANLEY AT COST 40,602 40,057
620076BN8 MOTOROLA SOLUTIONS I AT COST 39,108 39,346
64110L106 NETFLIX COM INC AT COST 26,365 41,001
681919106 OMNICOM GROUP INC CO AT COST 63,602 57,647
68389XAV7 ORACLE CORP AT COST 40,802 41,367
718172109 PHILIP MORRIS INTERN AT COST 29,504 34,902
718546104 PHILLIPS 66 AT COST 41,010 32,584
722304102 PINDUODUO INC-ADR AT COST 31,525 25,314
86562MCR9 SUMITOMO MITSUI FINL AT COST 36,088 35,556
87264ABF1 T-MOBILE USA INC AT COST 33,155 32,935
88579Y101 3M CO AT COST 29,394 36,403
902973304 US BANCORP DEL AT COST 37,761 37,307
92343VEA8 VERIZON COMMUNICATIO AT COST 38,692 37,696
95000U2L6 WELLS FARGO & COMPAN AT COST 24,607 24,200
G51502105 JOHNSON CTLS INTL PL AT COST 61,927 74,984
H01301128 ALCON INC AT COST 44,307 40,747
V7780T103 ROYAL CARIBBEAN CRUI AT COST 31,292 34,834

TY 2024 LegalFeesSchedule
Name:
THE DUBOSE & DOROTHY HEYWARD MEM FD
EIN:
13-6840999
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 95,371 85,833   9,537


TY 2024 OtherDecreasesSchedule
Name:
THE DUBOSE & DOROTHY HEYWARD MEM FD
EIN:
13-6840999
Description Amount
CY PURCHASE OF ACCRUED INTEREST 1,172
PY RETURN OF CAPITAL ADJUSTMENT 889
TAX LOT BASIS ADJUSTMENT 449
COST BASIS ADJUSTMENT 123


TY 2024 OtherExpensesSchedule
Name:
THE DUBOSE & DOROTHY HEYWARD MEM FD
EIN:
13-6840999
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER NON-ALLOCABLE EXPENSE - 185 0   185
STATE INCOME TAXES - PRINCIPAL 750 0   750
INVESTMENT EXPENSES-DIVIDEND I 97 97   0


TY 2024 OtherIncomeSchedule2
Name:
THE DUBOSE & DOROTHY HEYWARD MEM FD
EIN:
13-6840999
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTY INCOME 497,850 497,850  


TY 2024 OtherIncreasesSchedule
Name:
THE DUBOSE & DOROTHY HEYWARD MEM FD
EIN:
13-6840999
Description Amount
MUTUAL FUND TIMING ADJ 684
PY PURCHASE OF ACCRUED INTEREST 1,038
ROYALTY INCOME ADJUSTMENT 15,192


TY 2024 TaxesSchedule
Name:
THE DUBOSE & DOROTHY HEYWARD MEM FD
EIN:
13-6840999
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 4,269 4,269   0
FEDERAL TAX PAYMENT - PRIOR YE 2,792 0   0
FEDERAL ESTIMATES - PRINCIPAL 13,096 0   0
FOREIGN TAXES ON NONQUALIFIED 805 805   0