TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
ADAMS JESSE AND HERTHA CHARITABLE TR

Number and street (or P.O. box number if mail is not delivered to street address)901 SOUTH BOND STREET STE 400
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BALTIMORE, MD21231

A Employer identification number

25-6821173

B Telephone number (see instructions)

(410) 537-5562

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$23,723,371J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	380,158		368,088
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,849,031
b	Gross sales price for all assets on line 6a 10,933,610
7	Capital gain net income (from Part IV, line 2)...			1,849,031
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........	2,229,189		2,217,119
13	Compensation of officers, directors, trustees, etc.	29,586		29,586
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	2,520	0	0	2,520
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	1,013	0	0	1,013
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	107,151	107,151		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	27,396	2,722		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..........	167,666		139,459	0	3,533
25	Contributions, gifts, grants paid.......	1,099,973				1,099,973
26	Total expenses and disbursements. Add lines 24 and 25	1,267,639		139,459	0	1,103,506
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	961,550
b	Net investment income (if negative, enter -0-)			2,077,660
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	873,430	306,601	306,601
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,242,982	List of Attached Documents: // Content 1,164,513	1,091,041
	b	Investments—corporate stock (attach schedule).......	10,593,333	List of Attached Documents: // Content 12,351,151	20,523,672
	c	Investments—corporate bonds (attach schedule).......	2,013,991	List of Attached Documents: // Content 1,950,313	1,798,857
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	6,092	List of Attached Documents: // Content 6,092	3,200
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 94,535
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	14,824,363	15,778,670	23,723,371
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	14,824,363	15,778,670
	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).....	14,824,363	15,778,670
	30	Total liabilities and net assets/fund balances (see instructions).	14,824,363	15,778,670

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

14,824,363

Enter amount from Part I, line 27a .....................

961,550

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

15,785,913

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

7,243

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

15,778,670

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	140. IDEXX LABORATORIES CORP		2022-11-02	2024-01-04
b	81. INTUITIVE SURGICAL INC		2018-03-27	2024-01-04
c	71. DANAHER CORP		2020-03-13	2024-01-10
d	438. EDWARDS LIFESCIENCES CORP		2023-12-05	2024-01-10
e	878. EDWARDS LIFESCIENCES CORP		2020-03-13	2024-01-10
	1343. HEICO CORP		2021-06-02	2024-01-10
	502. J P MORGAN CHASE & CO		2022-04-20	2024-01-11
	164. COSTCO WHOLESALE CORPORATION		2020-12-24	2024-01-12
	65000. U S TREASURY NT 2.750% 2/15/24		2023-06-29	2024-01-17
	23. BOOKING HOLDINGS INC COM		2023-07-07	2024-01-23
	110. COSTCO WHOLESALE CORPORATION		2020-12-24	2024-01-23
	35000. DOLLAR GEN CORP NOTE CALL MAKE WHOLE		2022-03-21	2024-01-29
	79. ABBVIE INC		2023-12-05	2024-01-30
	171. COSTCO WHOLESALE CORPORATION		2021-03-05	2024-01-30
	526. VISA INC COM CL A		2021-11-23	2024-01-30
	1503. NIKE INC		2024-01-10	2024-02-05
	2100. NIKE INC		2016-10-19	2024-02-05
	11106.175 BROWN ADVISORY SMALL CAP GROWTH INV		2022-09-27	2024-02-06
	16414.971 LAZARD CL LIST INFRASTR INST		2023-05-11	2024-02-06
	20000. XYLEM INC 1.950% 1/30/28		2020-06-24	2024-02-08
	6. ASML HOLDING NV NY REG SHS A D R		2024-02-06	2024-02-09
	70000. U S TREASURY NT 2.750% 2/15/24		2023-06-29	2024-02-15
	10000. WASTE CONNECTIONS 5.000% 3/01/34		2024-02-15	2024-02-15
	10000. WASTE CONNECTIONS 5.000% 3/01/34		2024-02-15	2024-02-15
	10000. WASTE CONNECTIONS 5.000% 3/01/34		2024-02-15	2024-02-15
	5000. WASTE CONNECTIONS 5.000% 3/01/34		2024-02-15	2024-02-15
	5000. WASTE CONNECTIONS 5.000% 3/01/34		2024-02-15	2024-02-15
	5000. WASTE CONNECTIONS 5.000% 3/01/34		2024-02-15	2024-02-15
	439. ABBVIE INC		2023-12-05	2024-02-21
	70. ABBVIE INC		2020-07-13	2024-02-21
	667. ALPHABET INC CL C		2020-03-25	2024-02-21
	307. AMAZON.COM INC		2018-03-27	2024-02-21
	113. DANAHER CORP		2020-03-13	2024-02-21
	144. ACCENTURE PLC IRELAND SHS CLASS A		2024-02-05	2024-02-21
	. PROCEEDS FROM SECURITIES LITIGATION			2024-02-23
	. PROCEEDS FROM SECURITIES LITIGATION			2024-02-23
	6. BOOKING HOLDINGS INC COM		2023-03-01	2024-02-28
	469. CONSTELLATION ENERGY CORP COM		2023-12-15	2024-02-28
	53. COSTCO WHOLESALE CORPORATION		2021-03-05	2024-02-28
	428. UBER TECHNOLOGIES INC		2024-02-05	2024-02-28
	622. UNITEDHEALTH GROUP INC		2024-02-21	2024-02-29
	. PROCEEDS FROM SECURITIES LITIGATION			2024-02-29
	113. ABBVIE INC		2020-07-13	2024-03-04
	15. INTUITIVE SURGICAL INC		2018-03-27	2024-03-04
	91. MERCK CO INC		2024-01-12	2024-03-04
	34898.626 BROWN ADVISORY SMALL CAP GROWTH INV		2022-09-27	2024-03-11
	193. UBER TECHNOLOGIES INC		2024-02-05	2024-03-11
	352. CONSTELLATION ENERGY CORP COM		2023-12-15	2024-03-12
	182. AMAZON.COM INC		2018-03-27	2024-03-13
	79. BERKSHIRE HATHAWAY INC CL B		2024-01-04	2024-03-13
	49. BERKSHIRE HATHAWAY INC CL B		2017-04-10	2024-03-13
	196. J P MORGAN CHASE & CO		2022-11-07	2024-03-13
	245. T MOBILE US INC		2024-01-10	2024-03-13
	30000. U S TREASURY NT 4.500% 11/15/33		2024-01-17	2024-03-27
	7328.919 BLACKSTONE REAL EST INC TR, INC.CL I		2021-08-23	2024-04-02
	28. GE VERNOVA INC COM		2024-03-11	2024-04-04
	17. GE VERNOVA INC COM		2024-03-11	2024-04-04
	33. GE VERNOVA INC COM		2024-02-06	2024-04-05
	10000. CONSOLIDATED EDISON CO N Y INC SER 2020A		2023-06-07	2024-04-15
	20000. CONSOLIDATED EDISON CO N Y INC SER 2020A		2020-03-27	2024-04-15
	.5 GE VERNOVA INC COM		2024-02-06	2024-04-16
	355. EDWARDS LIFESCIENCES CORP		2017-10-25	2024-04-18
	43. GE AEROSPACE		2024-03-11	2024-04-18
	88. INTUITIVE SURGICAL INC		2018-03-27	2024-04-18
	509. SBA COMMUNICATIONS CORP		2021-03-15	2024-04-18
	3. GE AEROSPACE		2024-03-11	2024-04-22
	3. GE AEROSPACE		2024-03-11	2024-04-22
	24. GE AEROSPACE		2024-03-11	2024-04-23
	24.36 F H L M C MLTCL MTG 6.658% 5/25/25		2016-09-07	2024-04-25
	281. SBA COMMUNICATIONS CORP		2024-01-11	2024-04-26
	855. SBA COMMUNICATIONS CORP		2020-03-25	2024-04-26
	2000. APTIV PLC / APTIV CORP NOTE		2022-02-09	2024-05-06
	2000. APTIV PLC / APTIV CORP NOTE		2022-02-10	2024-05-06
	2093. HEALTHEQUITY INC		2024-01-23	2024-05-06
	236. SBA COMMUNICATIONS CORP		2018-03-27	2024-05-06
	2000. APTIV PLC / APTIV CORP NOTE		2022-02-10	2024-05-07
	5000. APTIV PLC / APTIV CORP NOTE		2022-02-10	2024-05-07
	9000. APTIV PLC / APTIV CORP NOTE		2022-02-09	2024-05-07
	221. CONSTELLATION ENERGY CORP COM		2023-12-15	2024-05-08
	663. CONSTELLATION ENERGY CORP COM		2023-02-06	2024-05-08
	40. SAFRAN SA UNSPON A D R		2024-03-11	2024-05-10
	45. SAFRAN SA UNSPON A D R		2024-03-11	2024-05-13
	17. ALPHABET INC CL C		2024-02-06	2024-05-15
	18. ALPHABET INC CL C		2024-02-06	2024-05-15
	1641.64 CNH EQUIP TR 6.040% 2/16/27		2023-09-19	2024-05-15
	533. EDWARDS LIFESCIENCES CORP		2017-10-25	2024-05-15
	2461.39 JOHN DEERE OWNER 5.760% 8/17/26		2023-09-12	2024-05-15
	497. MERCK CO INC		2024-01-12	2024-05-15
	108. S P GLOBAL INC COM		2024-02-29	2024-05-15
	22. SAFRAN SA UNSPON A D R		2024-03-11	2024-05-15
	501.94 F H L M C MLTCL MTG 2.670% 12/25/24		2016-03-08	2024-05-25
	83.13 F H L M C MLTCL MTG 6.658% 5/25/25		2016-09-07	2024-05-25
	13. TAIWAN SEMICONDUCTOR MFG CO LTD SPONSORED ADR		2024-03-11	2024-05-28
	19. TAIWAN SEMICONDUCTOR MFG CO LTD SPONSORED ADR		2024-03-11	2024-05-28
	718. ROPER INDUSTRIES INC NEW		2022-08-09	2024-06-05
	3214.34 CNH EQUIP TR 6.040% 2/16/27		2023-09-19	2024-06-15
	2221.68 JOHN DEERE OWNER 5.760% 8/17/26		2023-09-12	2024-06-15
	2390. COSTAR GROUP		2024-03-04	2024-06-17
	3520. DYNATRACE INC		2024-03-13	2024-06-20
	5500. DYNATRACE INC		2021-01-08	2024-06-20
	79.05 F H L M C MLTCL MTG 6.658% 5/25/25		2016-09-07	2024-06-25
	83.64 F H L M C MLTCL MTG 6.658% 5/25/25		2016-09-07	2024-06-25
	4. AIA GROUP LTD A D R		2024-03-11	2024-06-27
	1. ALPHABET INC CL C		2024-02-06	2024-06-27
	6. ATLAS COPCO AB SPONS A D R		2024-03-11	2024-06-27
	11. COLOPLAST A S A D R		2024-03-11	2024-06-27
	1. EDWARDS LIFESCIENCES CORP		2024-03-11	2024-06-27
	1. GE AEROSPACE		2024-03-11	2024-06-27
	3. HDFC BANK LTD A D R		2024-03-11	2024-06-27
	1. ESTEE LAUDER COMPANIES CL A		2024-03-11	2024-06-27
	7. LONDON STOCK EXCHG UNSP A D R		2024-03-15	2024-06-27
	2. MARVELL TECHNOLOGY INC		2024-03-11	2024-06-27
	1. MASTERCARD INC		2024-03-11	2024-06-27
	10. MICROSOFT CORP.		2024-02-06	2024-06-27
	5. ROCHE HOLDINGS LTD SPON A D R		2024-03-11	2024-06-27
	2. SAFRAN SA UNSPON A D R		2024-03-11	2024-06-27
	2. CHARLES SCHWAB CORP.		2024-03-11	2024-06-27
	1. TJX COS INC		2024-02-06	2024-06-27
	1. TAIWAN SEMICONDUCTOR MFG CO LTD SPONSORED ADR		2024-03-11	2024-06-27
	4. UNILEVER PLC		2024-02-23	2024-06-27
	1. VISA INC COM CL A		2024-03-11	2024-06-27
	1. WOLTERS KLUWER N V SPONSORED A D R		2024-03-11	2024-06-27
	1. ZOETIS INC		2024-04-18	2024-06-27
	1. ALLEGION PLC ORD SHS		2024-03-11	2024-06-27
	1. ASML HOLDING NV NY REG SHS A D R		2024-03-11	2024-06-27
	20000. U S TREASURY NT 3.000% 6/30/24		2023-12-07	2024-06-30
	94. COSTCO WHOLESALE CORPORATION		2021-03-05	2024-07-08
	2788. SCHLUMBERGER LTD.		2023-07-07	2024-07-08
	35. COSTCO WHOLESALE CORPORATION		2021-03-05	2024-07-11
	150000. U S TREASURY NT 1.500% 8/15/26		2018-06-13	2024-07-12
	20000. U S TREASURY NT 1.750% 7/31/24		2019-08-06	2024-07-12
	70000. U S TREASURY NT 2.625% 4/15/25		2024-07-03	2024-07-12
	3543.16 CNH EQUIP TR 6.040% 2/16/27		2023-09-19	2024-07-15
	2027.02 JOHN DEERE OWNER 5.760% 8/17/26		2023-09-12	2024-07-15
	6. MICROSOFT CORP.		2024-02-06	2024-07-16
	8. TAIWAN SEMICONDUCTOR MFG CO LTD SPONSORED ADR		2024-03-11	2024-07-16
	41. TAIWAN SEMICONDUCTOR MFG CO LTD SPONSORED ADR		2024-03-11	2024-07-16
	5. TAIWAN SEMICONDUCTOR MFG CO LTD SPONSORED ADR		2024-03-11	2024-07-17
	6. TAIWAN SEMICONDUCTOR MFG CO LTD SPONSORED ADR		2024-03-11	2024-07-17
	2784.2 F H L M C MLTCL MTG 2.670% 12/25/24		2016-03-08	2024-07-25
	40000. VERIZON COMMUNICATIONS INC		2021-03-12	2024-07-29
	196. BERKSHIRE HATHAWAY INC CL B		2017-04-10	2024-07-31
	14. BOOKING HOLDINGS INC COM		2024-03-12	2024-07-31
	61. CINTAS CORP.		2024-02-05	2024-07-31
	2. CINTAS CORP.		2018-10-12	2024-07-31
	2234. EDWARDS LIFESCIENCES CORP		2017-10-25	2024-07-31
	76. S P GLOBAL INC COM		2024-02-29	2024-07-31
	17000. BIO RAD LABS INC NOTE CALL MAKE WHOLE		2023-08-30	2024-08-08
	18. ESTEE LAUDER COMPANIES CL A		2024-03-11	2024-08-09
	14. ESTEE LAUDER COMPANIES CL A		2024-03-11	2024-08-12
	52. ESTEE LAUDER COMPANIES CL A		2024-03-11	2024-08-13
	11. ESTEE LAUDER COMPANIES CL A		2024-03-11	2024-08-13
	12. ESTEE LAUDER COMPANIES CL A		2024-02-06	2024-08-14
	38. ESTEE LAUDER COMPANIES CL A		2024-02-06	2024-08-14
	4080.04 CNH EQUIP TR 6.040% 2/16/27		2023-09-19	2024-08-15
	2690.54 JOHN DEERE OWNER 5.760% 8/17/26		2023-09-12	2024-08-15
	19. ESTEE LAUDER COMPANIES CL A		2024-02-06	2024-08-15
	12. ESTEE LAUDER COMPANIES CL A		2024-02-06	2024-08-15
	46626.22 F H L M C MLTCL MTG 2.670% 12/25/24		2016-03-08	2024-08-16
	39650.25 F H L M C MLTCL MTG 6.658% 5/25/25		2016-09-07	2024-08-16
	34782.86 F H L M C MLTCL MT 3.284% 6/25/25		2016-03-07	2024-08-16
	87.64 F H L M C MLTCL MTG 2.670% 12/25/24		2016-03-08	2024-08-25
	79.58 F H L M C MLTCL MTG 6.658% 5/25/25		2016-09-07	2024-08-25
	217.14 F H L M C MLTCL MT 3.284% 6/25/25		2016-03-07	2024-08-25
	25. COLOPLAST A S A D R		2024-03-11	2024-08-29
	6. MOODYS CORP		2024-02-06	2024-08-29
	105. COLOPLAST A S A D R		2024-03-11	2024-08-30
	2. MOODYS CORP		2024-02-06	2024-08-30
	40. COLOPLAST A S A D R		2024-03-11	2024-09-03
	3646. COPART INC COM		2024-06-20	2024-09-10
	1550. MICRON TECHNOLOGY INC		2024-07-31	2024-09-10
	2528.58 CNH EQUIP TR 6.040% 2/16/27		2023-09-19	2024-09-15
	1309.69 JOHN DEERE OWNER 5.760% 8/17/26		2023-09-12	2024-09-15
	10000. BIO RAD LABS INC NOTE CALL MAKE WHOLE		2023-08-30	2024-09-16
	2000. BIO RAD LABS INC NOTE CALL MAKE WHOLE		2023-08-30	2024-09-19
	6000. BIO RAD LABS INC NOTE CALL MAKE WHOLE		2023-09-07	2024-09-24
	3456. SCHLUMBERGER LTD.		2023-12-14	2024-09-25
	3667. SCHLUMBERGER LTD.		2023-07-07	2024-09-25
	664. VISA INC COM CL A		2021-11-23	2024-09-25
	5824. SCHLUMBERGER LTD.		2023-05-18	2024-09-27
	5000. AIR LEASE CORP MTN 5.100% 3/01/29		2024-01-22	2024-09-30
	5000. AMERICAN TOWER CORP 3.600% 1/15/28		2020-07-01	2024-09-30
	5000. ANALOG DEVICES INC 1.700% 10/01/28		2021-09-29	2024-09-30
	4000. CARRIER GLOBAL 2.242% 2/15/25		2023-12-14	2024-09-30
	5000. CITIGROUP INC 3.200% 10/21/26		2021-02-02	2024-09-30
	5000. CLOROX CO DEL NOTE CALL MAKE WHOLE		2022-05-05	2024-09-30
	5000. COMCAST CORPORATION 3.400% 4/01/30		2020-03-26	2024-09-30
	4000. CROWN CASTLE 3.300% 7/01/30		2020-04-01	2024-09-30
	4000. DOLLAR TREE INC 4.200% 5/15/28		2020-09-10	2024-09-30
	5000. FORTIS INC 3.055% 10/04/26		2020-11-02	2024-09-30
	4000. HASBRO INC NOTE CALL MAKE WHOLE		2022-01-04	2024-09-30
	5000. JB HUNT TRANSPRT 3.875% 3/01/26		2019-03-26	2024-09-30
	5000. KEYSIGHT 4.600% 4/06/27		2021-04-14	2024-09-30
	4000. MORGAN STANLEY MTN 3.125% 7/27/26		2023-01-05	2024-09-30
	3000. PNC FINL SVCS GROUP 6.875% 10/20/34		2023-12-15	2024-09-30
	5000. REGENERON 1.750% 9/15/30		2024-05-16	2024-09-30
	5000. ROPER TECHNOLOGIES 4.500% 10/15/29		2024-08-19	2024-09-30
	5000. US BANCORP MTN 5.384% 1/23/30		2024-02-05	2024-09-30
	165000. U S TREASURY NT 4.375% 5/15/34		2024-08-16	2024-09-30
	10000. WASTE CONNECTIONS 5.000% 3/01/34		2024-02-15	2024-09-30
	4000. WELLS FARGO COMPANY 3.000% 10/23/26		2021-03-26	2024-09-30
	20. GE AEROSPACE		2024-03-11	2024-10-02
	14. GE AEROSPACE		2024-03-11	2024-10-03
	1. MOODYS CORP		2024-02-06	2024-10-03
	4. MOODYS CORP		2024-02-06	2024-10-03
	16. TJX COS INC		2024-02-06	2024-10-03
	10. TJX COS INC		2024-02-06	2024-10-03
	6. MOODYS CORP		2024-02-06	2024-10-04
	131. COSTCO WHOLESALE CORPORATION		2021-03-05	2024-10-08
	142. INTUITIVE SURGICAL INC		2020-03-17	2024-10-08
	115. S P GLOBAL INC COM		2024-02-29	2024-10-08
	48. S P GLOBAL INC COM		2020-12-24	2024-10-08
	35. SERVICENOW INC COM		2024-05-15	2024-10-08
	1173.45 CNH EQUIP TR 6.040% 2/16/27		2023-09-19	2024-10-15
	1515.95 JOHN DEERE OWNER 5.760% 8/17/26		2023-09-12	2024-10-15
	420. ABBVIE INC		2024-06-05	2024-10-17
	352. BLACKSTONE GROUP INC CLASS A		2024-02-05	2024-10-17
	234. CINTAS CORP.		2018-10-12	2024-10-17
	270. T MOBILE US INC		2024-01-10	2024-10-17
	9. FERGUSON PLC NEW COMMON STOCK NEW		2024-03-11	2024-11-04
	5. SHERWIN WILLIAMS CO		2024-03-11	2024-11-04
	9. TAIWAN SEMICONDUCTOR MFG CO LTD SPONSORED ADR		2024-03-11	2024-11-04
	6. ALLEGION PLC ORD SHS		2024-03-11	2024-11-04
	8. ALLEGION PLC ORD SHS		2024-03-11	2024-11-05
	1. AIA GROUP LTD A D R		2024-03-11	2024-11-06
	2. ATLAS COPCO AB SPONS A D R		2024-03-11	2024-11-06
	2. COLOPLAST A S A D R		2024-03-11	2024-11-06
	2. DEUTSCHE BOERSE AG UNSPON A D R		2024-06-27	2024-11-06
	3. LONDON STOCK EXCHG UNSP A D R		2024-08-13	2024-11-06
	1. MARVELL TECHNOLOGY INC		2024-03-11	2024-11-06
	1. MICROSOFT CORP.		2024-02-06	2024-11-06
	2. PT BK RAKYAT A D R		2024-03-11	2024-11-06
	1. ROCHE HOLDINGS LTD SPON A D R		2024-03-11	2024-11-06
	1. CHARLES SCHWAB CORP.		2024-03-11	2024-11-06
	1. UNILEVER PLC		2024-02-23	2024-11-06
	3. ALLEGION PLC ORD SHS		2024-03-11	2024-11-06
	1. ASML HOLDING NV NY REG SHS A D R		2024-03-11	2024-11-06
	119. UNILEVER PLC		2024-04-25	2024-11-08
	774. MERCK CO INC		2024-01-12	2024-11-12
	5225. MERCK CO INC		2022-05-06	2024-11-12
	4. AUTODESK INC		2024-03-11	2024-11-14
	2. MICROSOFT CORP.		2024-02-06	2024-11-14
	2. SHERWIN WILLIAMS CO		2024-03-11	2024-11-14
	938.95 CNH EQUIP TR 6.040% 2/16/27		2023-09-19	2024-11-15
	1995.19 JOHN DEERE OWNER 5.760% 8/17/26		2023-09-12	2024-11-15
	496. ASML HOLDING NV NY REG SHS A D R		2024-09-25	2024-11-20
	3000. TRIMBLE INC NOTE CALL MAKE WHOLE		2023-02-23	2024-11-25
	5000. TRIMBLE INC NOTE CALL MAKE WHOLE		2023-02-23	2024-11-29
	3000. TRIMBLE INC NOTE CALL MAKE WHOLE		2023-02-23	2024-12-03
	3000. TRIMBLE INC NOTE CALL MAKE WHOLE		2023-02-23	2024-12-04
	16000. TRIMBLE INC NOTE CALL MAKE WHOLE		2023-02-23	2024-12-05
	. PROCEEDS FROM SECURITIES LITIGATION			2024-12-06
	146.101 ARTISAN INTL VALUE FUND INS		2024-11-26	2024-12-09
	2915.748 ARTISAN INTL VALUE FUND INS		2023-11-29	2024-12-09
	25. MARVELL TECHNOLOGY INC		2024-03-11	2024-12-09
	9. MARVELL TECHNOLOGY INC		2024-03-11	2024-12-09
	16. TJX COS INC		2024-02-06	2024-12-09
	10. MARVELL TECHNOLOGY INC		2024-03-11	2024-12-10
	9. TJX COS INC		2024-02-06	2024-12-10
	14. MARVELL TECHNOLOGY INC		2024-03-11	2024-12-11
	14. MARVELL TECHNOLOGY INC		2024-03-11	2024-12-11
	6. MARVELL TECHNOLOGY INC		2024-03-11	2024-12-12
	841.03 CNH EQUIP TR 6.040% 2/16/27		2023-09-19	2024-12-15
	1171.39 JOHN DEERE OWNER 5.760% 8/17/26		2023-09-12	2024-12-15
	30000. MARVELL TECHNOLOGY INC NOTE		2023-09-12	2024-12-16
	375. ADOBE SYS INCORP		2024-06-17	2024-12-17
	641. ADOBE SYS INCORP		2022-11-07	2024-12-17
	1. AUTOZONE INC		2024-05-10	2024-12-19
	1. MOODYS CORP		2024-02-06	2024-12-19
	6. TJX COS INC		2024-02-06	2024-12-19
	3. TAIWAN SEMICONDUCTOR MFG CO LTD SPONSORED ADR		2024-03-11	2024-12-19
	2. VISA INC COM CL A		2024-09-04	2024-12-19
	4. ZOETIS INC		2024-07-17	2024-12-19
	4. ALLEGION PLC ORD SHS		2024-03-11	2024-12-19
	1. ASML HOLDING NV NY REG SHS A D R		2024-03-19	2024-12-19
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
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	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	75,446	54,171	21,275
b	26,332	10,960	15,372
c	16,289	8,542	7,747
d	33,484	30,104	3,380
e	67,121	44,180	22,941
	231,428	181,286	50,142
	85,428	66,192	19,236
	111,489	59,739	51,750
	64,871	64,871
	80,689	60,112	20,577
	75,627	40,069	35,558
	33,877	36,803	-2,926
	12,999	11,386	1,613
	119,868	53,165	66,703
	146,102	106,107	39,995
	149,931	153,704	-3,773
	209,485	106,453	103,032
	250,000	235,556	14,444
	252,134	250,000	2,134
	17,955	19,900	-1,945
	5,692	5,376	316
	70,000	70,000
	9,888	9,884	4
	9,874	9,884	-10
	9,874	9,884	-10
	4,939	4,942	-3
	4,934	4,942	-8
	4,934	4,942	-8
	76,744	63,273	13,471
	12,237	6,880	5,357
	95,658	38,586	57,072
	51,622	22,994	28,628
	28,068	13,595	14,473
	51,873	53,730	-1,857
	270		270
	45		45
	20,968	15,250	5,718
	78,164	55,607	22,557
	39,778	16,462	23,316
	33,145	29,198	3,947
	306,715	323,786	-17,071
	14		14
	20,220	11,107	9,113
	5,969	2,030	3,939
	11,479	10,777	702
	813,487	696,015	117,472
	14,990	13,166	1,824
	58,496	41,735	16,761
	32,208	13,632	18,576
	32,066	29,037	3,029
	19,889	8,152	11,737
	37,445	25,792	11,653
	40,083	40,055	28
	30,716	30,938	-222
	103,739	83,486	20,253
	3,743	3,831	-88
	2,171	2,220	-49
	4,048	3,778	270
	9,003	9,201	-198
	18,005	20,145	-2,140
	65	57	8
	31,002	12,510	18,492
	6,674	5,629	1,045
	32,784	11,908	20,876
	100,323	126,426	-26,103
	454	393	61
	450	393	57
	3,804	3,142	662
	24	25	-1
	55,337	67,943	-12,606
	168,373	155,356	13,017
	1,717	2,000	-283
	1,717	1,998	-281
	165,599	157,037	8,562
	45,748	36,826	8,922
	1,723	1,995	-272
	4,307	4,986	-679
	7,758	8,964	-1,206
	45,744	26,203	19,541
	137,233	55,085	82,148
	2,287	2,137	150
	2,543	2,404	139
	2,933	2,471	462
	3,117	2,617	500
	1,642	1,642
	48,096	18,783	29,313
	2,461	2,461
	65,537	58,861	6,676
	46,965	46,404	561
	1,264	1,175	89
	502	503	-1
	83	84	-1
	2,070	1,830	240
	3,016	2,675	341
	392,434	250,331	142,103
	3,214	3,214
	2,222	2,222
	175,000	207,393	-32,393
	152,240	165,341	-13,101
	237,876	211,530	26,346
	79	80	-1
	84	85	-1
	109	128	-19
	187	145	42
	113	105	8
	133	157	-24
	93	91	2
	161	131	30
	195	167	28
	112	151	-39
	213	213
	138	143	-5
	444	467	-23
	4,550	4,043	507
	175	172	3
	106	107	-1
	146	134	12
	110	97	13
	175	141	34
	223	203	20
	269	280	-11
	165	157	8
	181	153	28
	115	130	-15
	1,037	963	74
	20,000	20,000
	82,743	29,196	53,547
	128,341	150,769	-22,428
	30,011	10,871	19,140
	141,281	145,946	-4,665
	19,970	20,002	-32
	68,753	68,702	51
	3,543	3,543
	2,027	2,027
	2,693	2,426	267
	1,485	1,126	359
	7,620	5,773	1,847
	865	704	161
	1,033	845	188
	2,784	2,787	-3
	36,545	40,016	-3,471
	86,113	17,913	68,200
	51,911	49,312	2,599
	46,681	37,630	9,051
	1,531	375	1,156
	138,896	78,727	60,169
	36,843	32,655	4,188
	15,494	15,115	379
	1,606	2,717	-1,111
	1,232	2,113	-881
	4,721	7,849	-3,128
	1,011	1,634	-623
	1,085	1,759	-674
	3,464	5,570	-2,106
	4,080	4,080
	2,691	2,690	1
	1,819	2,785	-966
	1,142	1,759	-617
	46,211	46,670	-459
	39,062	40,020	-958
	34,234	34,979	-745
	88	88
	80	80
	217	218	-1
	343	356	-13
	2,906	2,382	524
	1,437	1,495	-58
	971	794	177
	553	570	-17
	179,422	195,559	-16,137
	132,823	170,347	-37,524
	2,529	2,529
	1,310	1,310
	9,344	8,907	437
	1,856	1,782	74
	5,550	5,306	244
	144,423	179,303	-34,880
	153,240	181,843	-28,603
	179,240	129,865	49,375
	243,757	225,218	18,539
	5,127	4,951	176
	4,886	5,246	-360
	4,599	4,984	-385
	3,956	3,956
	4,903	5,180	-277
	5,051	4,992	59
	4,804	5,123	-319
	3,747	3,980	-233
	3,956	4,355	-399
	4,870	5,164	-294
	3,925	4,117	-192
	4,973	5,015	-42
	5,035	5,306	-271
	3,932	3,868	64
	3,440	3,313	127
	4,325	4,145	180
	5,042	4,982	60
	5,197	5,010	187
	173,147	169,432	3,715
	10,282	9,884	398
	3,914	4,109	-195
	3,734	2,618	1,116
	2,587	1,833	754
	468	397	71
	1,870	1,588	282
	1,835	1,548	287
	1,149	968	181
	2,772	2,382	390
	115,580	40,688	74,892
	67,828	18,998	48,830
	59,395	49,412	9,983
	24,791	15,148	9,643
	32,269	26,644	5,625
	1,173	1,173
	1,516	1,516
	79,249	69,655	9,594
	59,823	43,019	16,804
	49,976	10,977	38,999
	59,903	44,142	15,761
	1,788	1,768	20
	1,865	1,682	183
	1,729	1,267	462
	838	778	60
	1,124	1,037	87
	31	32	-1
	33	35	-2
	26	28	-2
	46	42	4
	107	97	10
	91	72	19
	417	404	13
	29	42	-13
	38	34	4
	76	67	9
	59	51	8
	421	389	32
	661	963	-302
	6,985	6,022	963
	76,752	86,370	-9,618
	518,122	383,061	135,061
	1,236	1,022	214
	851	809	42
	776	673	103
	939	939
	1,995	1,995
	326,051	420,805	-94,754
	3,148	3,020	128
	5,268	5,032	236
	3,168	3,015	153
	3,164	3,010	154
	16,870	15,979	891
	811		811
	7,157	7,114	43
	142,843	126,003	16,840
	2,676	1,791	885
	963	645	318
	2,017	1,548	469
	1,070	716	354
	1,139	871	268
	1,540	1,003	537
	1,555	1,003	552
	654	430	224
	841	841
	1,171	1,171
	30,889	29,933	956
	170,327	181,887	-11,560
	291,146	114,708	176,438
	3,214	2,989	225
	465	397	68
	729	581	148
	585	422	163
	632	561	71
	657	729	-72
	523	518	5
	713	1,005	-292
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212
			131,212

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			21,275
b			15,372
c			7,747
d			3,380
e			22,941
			50,142
			19,236
			51,750

			20,577
			35,558
			-2,926
			1,613
			66,703
			39,995
			-3,773
			103,032
			14,444
			2,134
			-1,945
			316

			4
			-10
			-10
			-3
			-8
			-8
			13,471
			5,357
			57,072
			28,628
			14,473
			-1,857
			270
			45
			5,718
			22,557
			23,316
			3,947
			-17,071
			14
			9,113
			3,939
			702
			117,472
			1,824
			16,761
			18,576
			3,029
			11,737
			11,653
			28
			-222
			20,253
			-88
			-49
			270
			-198
			-2,140
			8
			18,492
			1,045
			20,876
			-26,103
			61
			57
			662
			-1
			-12,606
			13,017
			-283
			-281
			8,562
			8,922
			-272
			-679
			-1,206
			19,541
			82,148
			150
			139
			462
			500

			29,313

			6,676
			561
			89
			-1
			-1
			240
			341
			142,103


			-32,393
			-13,101
			26,346
			-1
			-1
			-19
			42
			8
			-24
			2
			30
			28
			-39

			-5
			-23
			507
			3
			-1
			12
			13
			34
			20
			-11
			8
			28
			-15
			74

			53,547
			-22,428
			19,140
			-4,665
			-32
			51


			267
			359
			1,847
			161
			188
			-3
			-3,471
			68,200
			2,599
			9,051
			1,156
			60,169
			4,188
			379
			-1,111
			-881
			-3,128
			-623
			-674
			-2,106

			1
			-966
			-617
			-459
			-958
			-745


			-1
			-13
			524
			-58
			177
			-17
			-16,137
			-37,524


			437
			74
			244
			-34,880
			-28,603
			49,375
			18,539
			176
			-360
			-385

			-277
			59
			-319
			-233
			-399
			-294
			-192
			-42
			-271
			64
			127
			180
			60
			187
			3,715
			398
			-195
			1,116
			754
			71
			282
			287
			181
			390
			74,892
			48,830
			9,983
			9,643
			5,625


			9,594
			16,804
			38,999
			15,761
			20
			183
			462
			60
			87
			-1
			-2
			-2
			4
			10
			19
			13
			-13
			4
			9
			8
			32
			-302
			963
			-9,618
			135,061
			214
			42
			103


			-94,754
			128
			236
			153
			154
			891
			811
			43
			16,840
			885
			318
			469
			354
			268
			537
			552
			224


			956
			-11,560
			176,438
			225
			68
			148
			163
			71
			-72
			5
			-292

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,849,031
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	28,879
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	28,879
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	28,879
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	28,292
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	28,292
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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.......		9	587
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax0	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

The books are in care of right arrow

BROWN ADVISORY Telephone no. right arrow

(410) 537-5562

Located at right arrow

901 S BOND STREET SUITE 400BALTIMOREMD ZIP+4 right arrow

21231

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

Yes

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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-)
BROWN ADVISORY	TRUSTEE 2	0
901 SOUTH BOND STREET SUITE 400 BALTIMORE,MD21231	TRUSTEE 2	0
CAROL S BRUDIN	TRUSTEE 2	29,586
6571 MINK HOLLOW ROAD HIGHLAND,MD20777	TRUSTEE 2	29,586

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...................				0

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 arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2024)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

22,749,436

Average of monthly cash balances.......................

654,610

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

23,404,046

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

23,404,046

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

351,061

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

23,052,985

Minimum investment return. Enter 5% (0.05) of line 5................

1,152,649

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.)

Minimum investment return from Part IX, line 6..................

1,152,649

Tax on investment income for 2024 from Part V, line 5 .......

28,879

Income tax for 2024. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

28,879

Distributable amount before adjustments. Subtract line 2c from line 1............

1,123,770

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

1,123,770

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

1,123,770

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,103,506

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

1,103,506

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					1,123,770
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......	196,035
e From 2023......	0
f Total of lines 3a through e ........		196,035
4Qualifying distributions for 2024 from Part
XI, line 4: $ 1,103,506
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.....					1,103,506
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2024.		20,264			20,264
(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		175,771
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 ......		175,771
10 Analysis of line 9:
a Excess from 2020....	0
b Excess from 2021....	0
c Excess from 2022....	175,771
d Excess from 2023....	0
e Excess from 2024....	0

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
SEEING EYE INC ATTN ROBERT PUDLAK PO BOX 375 MORRISTOWN,NJ07963	NONE	PC	PROGRAM SUPPORT	109,997
CHRIST LUTHERAN CHURCH 701 SOUTH CHARLES ST BALTIMORE,MD21230	NONE	PC	PROGRAM SUPPORT	219,995
MARYLAND SCOTTISH RITE CHARITABLE FOUNDATION INC 3800 N CHARLES ST BALTIMORE,MD21218	NONE	PC	CHILDHOOD LANGUAGE	109,997
SHRINERS HOSPITAL FOR CHILDREN PO BOX 31356 TAMPA,FL33631	NONE	PC	MEDICAL	219,995
THE PROVIDENCE CENTER 930 POINT PLEASANT RD GLEN BURNIE,MD21060	NONE	PC	PROGRAM SUPPORT	109,997
JOHNS HOPKINS CHILDREN CENTER 3910 KESWICK RD BALTIMORE,MD21211	NONE	PC	MEDICAL	164,996
NATIONAL FEDRTN FOR THE BLIND 1800 JOHNSON ST BALTIMORE,MD21230	NONE	PC	MEDICAL	109,997
BELLO MACHRE ATTN DR ROBERT IRELAND 7765 FREETOWN RD GLEN BURNIE,MD21060	NONE	PC	PROGRAM SUPPORT	54,999
Total ................................. 3a				1,099,973

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	380,158
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	1,849,031
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) ..				2,229,189

13Total. Add line 12, columns (b), (d), and (e)..................

2,229,189

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
CORPORATE BONDS	711,838	689,517
FIXED INCOME MUTUAL FUNDS	1,178,568	1,050,894
FOREIGN BONDS	59,907	58,446

Name of Stock	End of Year Book Value	End of Year Fair Market Value
COMMON STOCKS - DOMESTIC	8,943,552	16,817,556
EQUITY MUTUAL FUNDS	1,078,820	1,089,966
FOREIGN STOCKS	2,328,779	2,616,150

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES-PRIN	106,650	106,650
OTHER EXPENSE (NON-DEDUCTIBLE	501	501

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	2,722	2,722		0
QUARTERLY TAX DEPOSIT	24,674	0		0