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
SCOTT CAROLYN J CHAR TUA-MAIN
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 505 MAC H0006-092
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAINT LOUIS, MO63166
A Employer identification number

82-4993653
B Telephone number (see instructions)

(888) 730-4933
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$7,640,788J 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... 211,104 204,110  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 114,503
b Gross sales price for all assets on line 6a 1,060,196
7 Capital gain net income (from Part IV, line 2)... 114,503
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).......      
12 Total. Add lines 1 through 11........ 325,607 318,613  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 83,333 61,241   20,833
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,102 0 0 1,102
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
7,569     7,569
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
5,853 2,521   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 97,857 63,762 0 29,504
25 Contributions, gifts, grants paid....... 310,000 310,000
26 Total expenses and disbursements. Add lines 24 and 25 407,857 63,762 0 339,504
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -82,250
b Net investment income (if negative, enter -0-) 254,851
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......... 672,184 430,665 430,665
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)....... 2,474,473 Click to see attachment
List of Attached Documents:
// Content
2,583,206 		2,590,019
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).......... 3,468,018 Click to see attachment
List of Attached Documents:
// Content
3,516,526 		4,620,104
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) 6,614,675 6,530,397 7,640,788
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........ 6,614,675 6,530,397
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)..... 6,614,675 6,530,397
30 Total liabilities and net assets/fund balances (see instructions). 6,614,675 6,530,397
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
6,614,675
2
Enter amount from Part I, line 27a .....................
2
-82,250
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,095
4
Add lines 1, 2, and 3 ..........................
4
6,534,520
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
4,123
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,530,397
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 100000. US TREASURY NOTE 0.750% 3/31/26     2024-01-10
b 55000. BECTON DICKINSON AND 3.734% 12/15/24     2024-01-24
c 68000. CUMMINS INC 0.750% 9/01/25     2024-01-24
d 32000. CIGNA CORP 1.250% 3/15/26     2024-02-16
e 25000. US TREASURY NOTE 2.000% 2/15/25   2020-03-03 2024-04-10
75000. VR BANK OF AMERICA 1.530% 12/06/25     2024-05-08
12000. CELANESE US HOLDINGS 3.500% 5/08/24   2019-08-29 2024-05-08
150000. US TREASURY NOTE 0.875% 6/30/26     2024-05-08
65000. GOLDMAN SACHS GROUP 3.500% 4/01/25     2024-07-01
40000. CELANESE US HOLDINGS 5.900% 7/05/24     2024-07-05
125000. US TREASURY NOTE 2.000% 2/15/25     2024-09-25
60000. APPLE INC 4.000% 5/10/28   2023-05-11 2024-10-24
60000. ROPER TECHNOLOGIES 1.000% 9/15/25     2024-10-24
100000. US TREASURY NOTE 1.250% 12/31/26     2024-12-17
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 92,656   89,226 3,430
b 54,318   57,301 -2,983
c 63,887   63,568 319
d 29,654   31,479 -1,825
e 24,325   26,568 -2,243
73,211   72,847 364
12,000   12,506 -506
138,205   144,363 -6,158
63,951   67,563 -3,612
40,000   39,823 177
123,804   123,713 91
59,738   60,611 -873
58,091   56,663 1,428
94,242   92,846 1,396
      132,114
      132,114
      132,114
      132,114
      132,114
      132,114
      132,114
      132,114
      132,114
      132,114
      132,114
      132,114
      132,114
      132,114
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       3,430
b       -2,983
c       319
d       -1,825
e       -2,243
      364
      -506
      -6,158
      -3,612
      177
      91
      -873
      1,428
      1,396
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 114,503
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 3,542
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 3,542
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 3,542
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 2,156
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 2,156
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 1,386
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 arrowNC
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowWELLS FARGO BANK NA Telephone no.right arrow (800) 352-3705

Located atright arrow100 N MAIN ST FL 5D4001-052WINSTON SALEMNC ZIP+4right arrow27101
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
WELLS FARGO BANK N A TRUSTEE
1 		83,333    
100 N MAIN ST FL 5D4001-052
WINSTONSALEM,NC27101
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
7,000,435
b
Average of monthly cash balances.......................
1b
583,990
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
7,584,425
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
7,584,425
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
113,766
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,470,659
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
373,533
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
373,533
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
3,542
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,542
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
369,991
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
369,991
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
369,991
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
339,504
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
339,504
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 7 369,991
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 308,243
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...... 0
e From 2023...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 339,504
a Applied to 2023, but not more than line 2a 308,243
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..... 31,261
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		338,730
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 ...... 		0
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 0
e Excess from 2024.... 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
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

VIRTUA HEALTH FOUNDATION

303 LIPPINCOTT DR 4TH FLOOR
MARLTON,NJ08053 		NONE PC GENERAL OPERATING 10,000

UNITED NEGRO COLLEGE FUND INC

60 PARK PLACE
NEWARK,NJ07102 		NONE PC GENERAL OPERATING 15,000

GEORGIAN COURT UNIVERSITY

900 LAKEWOOD AVE
LAKEWOOD,NJ08701 		NONE PC GENERAL OPERATING 10,000

BLOOMFIELD COLLEGE & SEMINARY

467 FRANKLIN ST
MONTCLAIR,NJ07043 		NONE PC GENERAL OPERATING 15,000

FAIRLEIGH DICKINSON UNIVERSITY

1000 RIVER ROAD
TEANECK,NJ07666 		NONE PC GENERAL OPERATING 20,000

CALDWELL UNIVERSITY

120 BLOOMFIELD AVE
CALDWELL,NJ070065310 		NONE PC GENERAL OPERATING 15,000

SETON HALL UNIVERSITY

400 S ORANGE AVE
SOUTH ORANGE,NJ07079 		NONE PC GENERAL OPERATING 25,000

SAINT ELIZABETH UNIVERSITY

2 CONVENT ROAD
MORRISTOWN,NJ07960 		NONE PC GENERAL OPERATING 15,000

CHRISTIAN HEALTH CARE CENTER

301 SICOMAC AVENUE
WYCKOFF,NJ07481 		NONE PC GENERAL OPERATING 5,000

NORTHWEST NEW JERSEY COMMUNITY ACTION
PROGRAM INC
350 MARSHALL ST
PHILLIPSBURG,NJ08865 		NONE PC GENERAL OPERATING 5,000

FELICIAN UNIVERSITY

1 FELICIAN WAY
RUTHERFORD,NJ07070 		NONE PC GENERAL OPERATING 10,000

ZOOLOGICAL SOCIETY OF NEW JERSEY INC

560 NORTHFIELD AVE
WEST ORANGE,NJ07052 		NONE PC GENERAL OPERATING 5,000

WOMANSPACE INC

1530 BRUNSWICK AVENUE
LAWRENCEVILLE,NJ08648 		NONE PC GENERAL OPERATING 5,000

ALTERNATIVES INC

600 FIRST AVENUE
RARITAN,NJ08869 		NONE PC GENERAL OPERATING 10,000

SUSSEX COUNTY COMMUNITY COLLEGE

ONE COLLEGE HILL ROAD
NEWTON,NJ07860 		NONE PC GENERAL OPERATING 10,000

ATLANTIC CAPE COMMUNITY COLLEGE

5100 BLACK HORSE PIKE
MAYS LANDING,NJ083302623 		NONE PC GENERAL OPERATING 10,000

THE COLLEGE OF NEW JERSEY FOUNDATION INC

2000 PENNINGTON RD
EWING,NJ086280718 		NONE PC GENERAL OPERATING 10,000

GREATER NEWARK CCONSERVANCY

32 PRINCE STREET
NEWARK,NJ07103 		NONE PC GENERAL OPERATING 10,000

NEW JERSEY SEEDS INC

494 BROAD STREET ST
NEWARK,NJ071020000 		NONE PC GENERAL OPERATING 10,000

ARM IN ARM INC

1 NORTH JOHNSTON AVENUE
HAMILTON,NJ08609 		NONE PC GENERAL OPERATING 10,000

URBANPROMISE MINISTRIES INC

PO BOX 1479
CAMDEN,NJ081050479 		NONE PC GENERAL OPERATING 5,000

FOUNDATION FOR MORRISTOWN MEDICAL CENTER
INC
310 SOUTH STREET
MORRISTOWN,NJ07960 		NONE PC GENERAL OPERATING 10,000

THE OASIS HAVEN FOR WOMEN & CHILDREN INC

59 MILL STREET
PATERSON,NJ07501 		NONE PC GENERAL OPERATING 10,000

BIG BROTHERS BIG SISTERS OF ESSEX HUDSO
& UNION COUNTIES
550 BROAD ST SUITE 604
NEWARK,NJ07102 		NONE PC GENERAL OPERATING 10,000

ROOTS & WINGS

75 BLOOMFIELD AVE STE 303
DENVILLE,NJ078342735 		NONE PC GENERAL OPERATING 5,000

RUTGERS-CAMDEN CENTER FOR THE ARTS (VIA
RUTGERS UNIVERSITY FOUNDATION)
314 LINDEN STREET
CAMDEN,NJ081021403 		NONE PC GENERAL OPERATING 10,000

SIERRA HOUSE

134 EVERGREEN PLACE SUITE 103
EAST ORANGE,NJ07018 		NONE PC GENERAL OPERATING 5,000

RAMAPO COLLEGE FOUNDATION

505 RAMAPO VALLEY ROAD
MAHWAH,NJ07430 		NONE PC GENERAL OPERATING 10,000

ST JOSEPH SOCIAL SERVICE CENTER

118 DIVISION STREET
ELIZABETH,NJ07201 		NONE PC GENERAL OPERATING 10,000

KENNEDY HEALTH CARE FOUNDATION INC

500 MARLBORO AVE
CHERRY HILL,NJ08002 		NONE PC GENERAL OPERATING 10,000
Total .................................right arrow 3a 310,000
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 ....     14 211,104  
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 ............ 		    18 114,503  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   325,607  
13Total. Add line 12, columns (b), (d), and (e)..................
13
325,607
(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:
SCOTT CAROLYN J CHAR TUA-MAIN
EIN:
82-4993653
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,102     1,102

TY 2024 InvestmentsCorpBondsSchedule
Name:
SCOTT CAROLYN J CHAR TUA-MAIN
EIN:
82-4993653
Name of Bond End of Year Book Value End of Year Fair Market Value
231021AU0 CUMMINS INC    
776743AM8 ROPER TECHNOLOGIES    
912828J27 US TREASURY NOTE 2.0    
29444UBK1 EQUINIX INC 51,943 53,550
15089QAJ3 CELANESE US HOLDINGS    
075887BF5 BECTON DICKINSON AND    
38141GXJ8 GOLDMAN SACHS GROUP    
579780AR8 MCCORMICK & CO 51,053 52,681
91282CCJ8 US TREASURY NOTE    
693506BU0 PPG INDUSTRIES INC 60,065 62,260
20030NBN0 COMCAST CORP 66,218 64,443
125523CP3 CIGNA CORP 21,182 22,058
097023DG7 BOEING CO 53,988 58,187
78016FZS6 ROYAL BANK OF CANADA 57,868 59,288
91282CDQ1 US TREASURY NOTE 1.2 43,896 47,159
89115A2A9 TORONTO-DOMINION BAN 58,641 59,776
02005NBQ2 ALLY FINANCIAL INC 47,611 49,659
15089QAR5 CELANESE US HOLDINGS    
06051GKE8 VR BANK OF AMERICA    
91282CBT7 US TREASURY NOTE    
45866FAU8 INTERCONTINENTALEXCH 62,935 64,057
023135CF1 AMAZON.COM INC 63,341 63,437
961214FK4 WESTPAC BANKING CORP 56,071 56,289
023608AP7 AMEREN CORP 35,687 35,570
037833ET3 APPLE INC    
30303M8L9 META PLATFORMS INC 55,512 55,070
61747YEZ4 VR MORGAN STANLEY 5. 65,242 65,220
842400HY2 SOUTHERN CAL EDISON 46,104 46,065
842587CV7 SOUTHERN CO 52,126 53,866
912810FF0 US TREASURY BOND 5.2 157,148 154,725
9128283F5 US TREASURY NOTE 94,750 94,547
9128283W8 US TREASURY NOTE 144,813 143,228
91282CEW7 US TREASURY NOTE 3.2 48,115 48,828
91282CHE4 US TREASURY NOTE 148,430 146,715
06051GLG2 VR BANK OF AMERICA 59,576 60,280
126650CX6 CVS HEALTH CORP 34,214 33,912
14913UAQ3 CATERPILLAR FINL SER 30,515 29,543
172967KU4 CITIGROUP INC 34,711 34,028
254687FL5 WALT DISNEY COMPANY/ 40,184 40,015
38141GWZ3 VR GOLDMAN SACHS 4.2 48,065 48,651
45687VAA4 INGERSOLL RAND INC 35,658 35,557
46647PDU7 VR JPMORGAN CHASE & 50,085 50,503
67103HAM9 O'REILLY AUTOMOTIVE 35,774 35,606
776696AG1 ROPER TECHNOLOGIES 34,724 34,368
828807DF1 SIMON PROPERTY GROUP 40,783 40,464
91282CFL0 US TREASURY NOTE 151,441 146,738
91282CHH7 US TREASURY NOTE 50,342 49,914
91282CJR3 US TREASURY NOTE 89,065 87,980
91282CJW2 US TREASURY NOTE 147,437 147,945
91282CKG5 US TREASURY NOTE 122,959 123,771
913017CY3 RTX CORP 4.125% 11/1 34,934 34,066

TY 2024 InvestmentsOtherSchedule2
Name:
SCOTT CAROLYN J CHAR TUA-MAIN
EIN:
82-4993653
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
77954Q403 T ROWE PRICE BLUE CH AT COST 177,850 309,561
78462F103 SPDR S & P 500 ETF T AT COST 62,340 147,692
67065Q558 NUVEEN HIGH YLD MUNI AT COST 174,163 149,951
94988V860 ALLSPRING LARGE CAP AT COST 296,425 257,849
464287655 ISHARES RUSSELL 2000 AT COST 178,145 243,056
00143W859 INV OPP DEVELOP MRKT AT COST 163,523 155,966
779547405 T ROWE PRICE EQUITY AT COST 707,979 728,183
38147X317 GLDMN SCHS COMM STRA AT COST 138,725 106,319
464287200 ISHARES CORE S & P 5 AT COST 348,165 822,975
464287465 ISHARES MSCI EAFE ET AT COST 461,230 517,777
74256W584 PRINCIPAL MIDCAP FUN AT COST 513,569 880,137
464287499 ISHARES RUSSELL MID- AT COST 60,160 76,024
27831R108 EV GLBL MACR ABS RTR AT COST 184,091 175,069
464287804 ISHARES CORE S&P SMA AT COST 50,161 49,545

TY 2024 OtherDecreasesSchedule
Name:
SCOTT CAROLYN J CHAR TUA-MAIN
EIN:
82-4993653
Description Amount
COST BASIS ADJUSTMENT 145
CY PURCHASE OF ACCRUED INTEREST 2,306
MUTUAL FUND TIMING ADJ 15
PY RETURN OF CAPITAL ADJUSTMENT 1,657


TY 2024 OtherIncreasesSchedule
Name:
SCOTT CAROLYN J CHAR TUA-MAIN
EIN:
82-4993653
Description Amount
PY PURCHASE OF ACCRUED INTEREST 2,095


TY 2024 OtherProfessionalFeesSchedule
Name:
SCOTT CAROLYN J CHAR TUA-MAIN
EIN:
82-4993653
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GRANT ADMIN FEE 7,569     7,569


TY 2024 TaxesSchedule
Name:
SCOTT CAROLYN J CHAR TUA-MAIN
EIN:
82-4993653
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,470 2,470   0
FEDERAL TAX PAYMENT - PRIOR YE 1,176 0   0
FEDERAL ESTIMATES - PRINCIPAL 2,156 0   0
FOREIGN TAXES ON NONQUALIFIED 51 51   0