Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE V & L MARX FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)14 BROOKLINE ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SCARSDALE, NY10583
A Employer identification number

03-0536676
B Telephone number (see instructions)

(201) 909-0090
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$166,340,227J 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 198,147 198,147  
4 Dividends and interest from securities... 3,327,601 3,327,601  
5a Gross rents............ 20,765 20,765  
b Net rental income or (loss) 20,765
6a Net gain or (loss) from sale of assets not on line 10 1,429,251
b Gross sales price for all assets on line 6a 11,239,070
7 Capital gain net income (from Part IV, line 2)... 1,429,251
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,028 2,028  
12 Total. Add lines 1 through 11........ 4,977,792 4,977,792  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
16,000 8,000   8,000
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
44,700 11,696    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
221,969 218,056   1,780
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 282,669 237,752   9,780
25 Contributions, gifts, grants paid....... 6,704,000 6,704,000
26 Total expenses and disbursements. Add lines 24 and 25 6,986,669 237,752   6,713,780
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,008,877
b Net investment income (if negative, enter -0-) 4,740,040
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 5,435,652 3,664,310 3,664,310
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 3,024,501 Click to see attachment
List of Attached Documents:
// Content
4,091,929 		4,164,403
b Investments—corporate stock (attach schedule)....... 54,895,832 Click to see attachment
List of Attached Documents:
// Content
53,887,389 		153,569,728
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,922,677 Click to see attachment
List of Attached Documents:
// Content
3,684,379 		4,924,934
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
70,646 		Click to see attachment
List of Attached Documents:
// Content
16,852 		Click to see attachment
List of Attached Documents:
// Content
16,852
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 67,349,308 65,344,859 166,340,227
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
34,843 		Click to see attachment
List of Attached Documents:
// Content
39,271
23 Total liabilities (add lines 17 through 22)......... 34,843 39,271
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........ 54,190,390 54,190,390
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 13,124,075 11,115,198
29 Total net assets or fund balances (see instructions)..... 67,314,465 65,305,588
30 Total liabilities and net assets/fund balances (see instructions). 67,349,308 65,344,859
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
67,314,465
2
Enter amount from Part I, line 27a .....................
2
-2,008,877
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
65,305,588
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
65,305,588
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 ENSTAR GROUP LIMITED P 2022-11-08 2024-09-17
b ENTERPRISE PRODS PAR P 2019-04-23 2024-07-15
c NEWELL BRANDS INC P 2022-07-29 2024-12-26
d GOLDMAN SACHS BDC IN P 2017-09-12 2024-12-20
e WARNER BROS DISCOVER P 2017-07-25 2024-12-20
US TREASURY 1.75% 12/31/2024 P 2024-03-21 2024-12-13
STARRETT L S CO A P 2018-12-07 2024-05-24
US TREASURY 2.125% 02/29/2024 P 2023-03-29 2024-02-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2015-06-10 2024-06-12
PARNASSUS CORE EQUITY INSTITUTIONAL P 2017-03-31 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2020-03-31 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2022-12-21 2024-10-29
BIO-TECHNE CORP P 2024-04-08 2024-11-18
ENSTAR GROUP LIMITED P 2019-05-30 2024-09-17
MICROSOFT CORP P 2019-01-23 2024-09-17
NEWELL BRANDS INC P 2022-07-29 2024-12-26
GOLDMAN SACHS BDC IN P 2017-05-23 2024-12-20
WARNER BROS DISCOVER P 2014-12-10 2024-12-20
US TREASURY 4.5% 11/30/2024 P 2024-02-29 2024-11-30
STARRETT L S CO A P 2018-12-06 2024-05-24
US TREASURY 2.75% 02/15/2024 P 2022-11-01 2024-02-15
PARNASSUS CORE EQUITY INSTITUTIONAL P 2015-06-10 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2017-06-30 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2020-06-30 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2023-03-31 2024-10-29
BIO-TECHNE CORP P 2024-04-22 2024-11-18
ENSTAR GROUP LIMITED P 2019-05-16 2024-09-17
MICROSOFT CORP P 2019-01-23 2024-05-10
NEWELL BRANDS INC P 2022-07-29 2024-12-26
GOLDMAN SACHS BDC IN P 2017-02-22 2024-12-20
WARNER BROS DISCOVER P 2013-09-03 2024-12-20
SOUTHERN COPPER CORP P 2022-08-12 2024-11-21
STARRETT L S CO A P 2018-09-25 2024-05-24
SCHWAB VARIABLE SHARE PRICE MONEY UL P 2023-10-17 2024-01-05
PARNASSUS CORE EQUITY INSTITUTIONAL P 2015-06-30 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2017-09-29 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2020-09-30 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2023-06-30 2024-10-29
1231 GAIN (LOSS) SYNDICATES D 2000-01-01 2024-12-31
ENSTAR GROUP LIMITED P 2019-03-19 2024-09-17
RADNET INC P 2022-10-18 2024-11-05
NEWELL BRANDS INC P 2022-07-29 2024-12-26
GOLDMAN SACHS BDC IN P 2017-02-21 2024-12-20
WARNER BROS DISCOVER P 2013-08-15 2024-12-20
US TREASURY 4.375% 10/31/2024 P 2024-02-12 2024-10-31
STARRETT L S CO A P 2018-09-25 2024-05-24
AVALONBAY CMNTYS INC REIT P 2021-05-04 2024-04-08
PARNASSUS CORE EQUITY INSTITUTIONAL P 2015-07-28 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2017-11-21 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2020-11-19 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2023-09-29 2024-10-29
GAIN (LOSS) KKR P 2019-01-01 2024-12-31
ENSTAR GROUP LIMITED P 2019-03-07 2024-09-17
RADNET INC P 2019-03-06 2024-11-05
NEWELL BRANDS INC P 2021-07-30 2024-12-26
GOLDMAN SACHS BDC IN P 2020-11-23 2024-12-20
WARNER BROS DISCOVER P 2013-08-06 2024-12-20
US TREASURY 2.125% 09/30/2024 P 2024-01-03 2024-09-30
STARRETT L S CO A P 2018-08-03 2024-05-24
AVALONBAY CMNTYS INC REIT P 2021-05-14 2024-04-08
PARNASSUS CORE EQUITY INSTITUTIONAL P 2015-08-17 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2017-12-27 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2020-12-17 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2023-11-16 2024-10-29
QUENT K-1 SHORT TERM LOSS P 2024-12-31 2024-12-31
ENSTAR GROUP LIMITED P 2019-03-06 2024-09-17
RADNET INC P 2022-06-01 2024-09-17
NEWELL BRANDS INC P 2021-07-30 2024-12-26
GOLDMAN SACHS BDC IN P 2019-12-27 2024-12-20
WARNER BROS DISCOVER P 2009-11-20 2024-12-20
SCHWAB VARIABLE SHARE PRICE MONEY UL P 2023-10-17 2024-08-29
STARRETT L S CO A P 2018-02-06 2024-05-24
AVALONBAY CMNTYS INC REIT P 2021-05-18 2024-04-08
PARNASSUS CORE EQUITY INSTITUTIONAL P 2015-09-25 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2018-03-29 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2021-03-31 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2023-12-20 2024-10-29
QUENT K-1 LONG TERM LOSS P 2023-01-01 2024-12-31
ENTERPRISE PRODS PAR P 2020-09-28 2024-10-24
SHERWIN WILLIAMS CO P 2019-01-23 2024-06-05
NEWELL BRANDS INC P 2021-06-21 2024-12-26
GOLDMAN SACHS BDC IN P 2019-08-02 2024-12-20
WARNER BROS DISCOVER P 2009-09-16 2024-12-20
SOUTHERN COPPER CORP P 2022-08-12 2024-08-26
STARRETT L S CO A P 2018-01-30 2024-05-24
AVALONBAY CMNTYS INC REIT P 2022-10-12 2024-04-08
PARNASSUS CORE EQUITY INSTITUTIONAL P 2015-09-30 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2018-06-29 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2021-04-26 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2024-03-28 2024-10-29
ENTERPRISE PRODS PAR P 2020-03-23 2024-10-24
SHERWIN WILLIAMS CO P 2019-01-23 2024-05-10
NEWELL BRANDS INC P 2021-06-21 2024-12-26
GOLDMAN SACHS BDC IN P 2019-07-09 2024-12-20
WARNER BROS DISCOVER P 2004-02-10 2024-12-20
US TREASURY 3% 07/31/2024 P 2023-03-07 2024-07-31
STARRETT L S CO A P 2017-12-20 2024-05-24
AVALONBAY CMNTYS INC REIT P 2022-11-15 2024-04-08
PARNASSUS CORE EQUITY INSTITUTIONAL P 2015-11-24 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2018-09-28 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2021-06-30 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2024-06-28 2024-10-29
ENTERPRISE PRODS PAR P 2020-01-28 2024-10-24
NEWELL BRANDS INC P 2022-07-29 2024-12-26
NEWELL BRANDS INC P 2021-06-04 2024-12-26
GOLDMAN SACHS BDC IN P 2017-12-20 2024-12-20
PARAMOUNT GLOBAL B P 2020-01-03 2024-12-19
US TREASURY 2% 06/30/2024 P 2024-03-26 2024-06-30
STARRETT L S CO A P 2017-11-21 2024-05-24
AVALONBAY CMNTYS INC REIT P 2023-04-28 2024-04-08
PARNASSUS CORE EQUITY INSTITUTIONAL P 2015-12-22 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2018-11-20 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2021-09-30 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2024-09-30 2024-10-29
ENTERPRISE PRODS PAR P 2019-10-29 2024-10-24
NEWELL BRANDS INC P 2022-07-29 2024-12-26
GOLDMAN SACHS BDC IN P 2016-07-12 2024-12-20
PARAMOUNT GLOBAL B P 2020-02-18 2024-12-20
PARAMOUNT GLOBAL B P 2017-12-20 2024-12-19
US TREASURY 2.5% 05/31/2024 P 2023-03-01 2024-05-31
STARRETT L S CO A P 2017-11-21 2024-05-24
CONESTOGA SMALL CAP INSTITUTIONAL P 2018-04-26 2024-08-19
PARNASSUS CORE EQUITY INSTITUTIONAL P 2015-12-30 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2018-12-27 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2021-11-18 2024-10-29
RBC BEARINGS INC P 2020-09-28 2024-12-12
ENTERPRISE PRODS PAR P 2019-01-31 2024-10-24
NEWELL BRANDS INC P 2022-07-29 2024-12-26
GOLDMAN SACHS BDC IN P 2016-07-08 2024-12-20
PARAMOUNT GLOBAL B P 2020-02-04 2024-12-20
PARAMOUNT GLOBAL B P 2017-07-25 2024-12-19
STARRETT L S CO A P 2020-11-16 2024-05-24
STARRETT L S CO A P 2017-11-21 2024-05-24
CONESTOGA SMALL CAP INSTITUTIONAL P 2018-06-01 2024-08-19
PARNASSUS CORE EQUITY INSTITUTIONAL P 2016-03-31 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2019-03-28 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2021-12-22 2024-10-29
ROSS STORES INC P 2022-03-08 2024-02-06
ENTERPRISE PRODS PAR P 2019-01-23 2024-10-24
NEWELL BRANDS INC P 2022-07-29 2024-12-26
GOLDMAN SACHS BDC IN P 2016-04-13 2024-12-20
SIRIUSXM HLDGS INC EQUITY P 2021-01-12 2024-12-20
PARAMOUNT GLOBAL B P 2017-05-23 2024-12-19
STARRETT L S CO A P 2020-02-18 2024-05-24
STARRETT L S CO A P 2017-11-21 2024-05-24
ALPHABET INC A P 2019-01-25 2024-12-12
PARNASSUS CORE EQUITY INSTITUTIONAL P 2016-06-30 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2019-06-27 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2022-03-31 2024-10-29
ROSS STORES INC P 2022-03-22 2024-02-06
ENTERPRISE PRODS PAR P 2019-04-29 2024-09-17
NEWELL BRANDS INC P 2022-07-29 2024-12-26
GOLDMAN SACHS BDC IN P 2016-03-15 2024-12-20
WARNER BROS DISCOVER P 2020-10-06 2024-12-20
PARAMOUNT GLOBAL B P 2020-02-04 2024-12-19
STARRETT L S CO A P 2019-12-27 2024-05-24
SOUTHERN COPPER CORP P 2022-08-12 2024-05-23
MASTERCARD INC A P 2020-05-18 2024-12-12
PARNASSUS CORE EQUITY INSTITUTIONAL P 2016-09-30 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2019-09-30 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2022-06-30 2024-10-29
ROSS STORES INC P 2022-05-13 2024-02-06
ENTERPRISE PRODS PAR P 2019-04-23 2024-09-17
NEWELL BRANDS INC P 2022-07-29 2024-12-26
GOLDMAN SACHS BDC IN P 2016-03-10 2024-12-20
WARNER BROS DISCOVER P 2019-12-27 2024-12-20
PARAMOUNT GLOBAL B P 2020-01-03 2024-12-19
STARRETT L S CO A P 2019-11-21 2024-05-24
NOVO-NORDISK AS VORM ADR P 2018-09-07 2024-05-08
NEUBERGER BERMAN GENESIS INSTL P 2021-08-26 2024-01-18
PARNASSUS CORE EQUITY INSTITUTIONAL P 2016-11-22 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2019-11-21 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2022-09-30 2024-10-29
ROSS STORES INC P 2022-07-25 2024-02-06
ENTERPRISE PRODS PAR P 2019-01-31 2024-09-17
NEWELL BRANDS INC P 2022-07-29 2024-12-26
GOLDMAN SACHS BDC IN P 2017-12-20 2024-12-20
WARNER BROS DISCOVER P 2017-12-20 2024-12-20
RAMACO RES INC B P 2023-12-19 2024-12-16
STARRETT L S CO A P 2019-11-20 2024-05-24
NOVO-NORDISK AS VORM ADR P 2016-09-27 2024-05-08
PARNASSUS CORE EQUITY INSTITUTIONAL P 2015-05-18 2024-06-12
PARNASSUS CORE EQUITY INSTITUTIONAL P 2016-12-28 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2019-12-27 2024-10-29
PARNASSUS CORE EQUITY INSTITUTIONAL P 2022-11-17 2024-10-29
ROSS STORES INC P 2022-08-03 2024-02-06
(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 160,656   96,000 64,656
b 18,586     18,586
c 869   1,738 -869
d 63,701   106,905 -43,204
e 12,785   42,925 -30,140
599,285   599,186 99
80,869   24,970 55,899
200,000   200,000  
28,395   21,234 7,161
1,496   1,046 450
1,572   1,098 474
1,287   900 387
100,341   101,974 -1,633
32,131   16,379 15,752
98,659   23,838 74,821
123   245 -122
63,701   111,398 -47,697
7,671   22,975 -15,304
500,000   500,000  
81   30 51
200,000   200,000  
13,151   9,191 3,960
1,304   911 393
975   681 294
1,111   776 335
16,723   15,720 1,003
32,131   17,780 14,351
62,265   15,892 46,373
1,594   3,190 -1,596
47,164   92,925 -45,761
12,785   39,141 -26,356
9   4 5
38,856   15,370 23,486
20,000   19,996 4
717   501 216
1,518   1,061 457
736   514 222
1,033   722 311
    142 -142
32,131   17,248 14,883
135,896   38,972 96,924
215   429 -214
16,537   32,775 -16,238
7,671   24,372 -16,701
500,000   500,000  
36,784   14,415 22,369
64,829   66,603 -1,774
32,225   22,522 9,703
22,868   15,982 6,886
27,075   18,923 8,152
1,404   981 423
11,985     11,985
32,131   16,254 15,877
20,384   4,152 16,232
4,088   10,260 -6,172
166,523   232,185 -65,662
12,785   41,851 -29,066
350,000   350,000  
3,756   1,490 2,266
64,829   68,963 -4,134
47,427   33,147 14,280
2,218   1,550 668
1,081   755 326
34,435   24,066 10,369
    87,283 -87,283
353,442   183,569 169,873
199,786   61,865 137,921
26,572   66,690 -40,118
89,666   153,305 -63,639
12,785   30,837 -18,052
60,000   59,994 6
145,710   72,455 73,255
46,307   49,515 -3,208
37,164   25,974 11,190
1,739   1,215 524
634   443 191
1,292   903 389
    37,766 -37,766
58,206   88,102 -29,896
244,073   103,815 140,258
13,204   34,341 -21,137
64,047   99,113 -35,066
8,310   20,245 -11,935
64   29 35
6,282   3,187 3,095
13,892   12,974 918
1,243   869 374
1,086   759 327
64,988   45,420 19,568
957   669 288
43,655     43,655
64,255   25,954 38,301
7,236   18,819 -11,583
128,095   197,901 -69,806
4,469   13,841 -9,372
300,000   300,000  
11,463   6,094 5,369
18,523   16,906 1,617
24,806   17,337 7,469
1,216   850 366
856   598 258
541   378 163
43,655     43,655
93,594   187,373 -93,779
51,100   141,050 -89,950
64,047   111,970 -47,923
39,686   154,527 -114,841
300,000   300,000  
16,190   8,128 8,062
13,892   13,541 351
40,065   28,001 12,064
33,548   23,446 10,102
783   548 235
783   547 236
29,103     29,103
204   409 -205
63,797   100,150 -36,353
106,196   351,005 -244,809
31,700   155,232 -123,532
300,000   300,000  
16,190   8,128 8,062
148,576   109,604 38,972
5,706   3,988 1,718
1,328   928 400
40,956   28,624 12,332
33,166   12,250 20,916
23,282     23,282
818   1,636 -818
63,797   100,200 -36,403
30,245   95,601 -65,356
15,823   88,230 -72,407
48,570   12,005 36,565
16,190   8,128 8,062
11,424   8,427 2,997
1,611   1,126 485
1,191   832 359
4,043   2,826 1,217
35,551   21,553 13,998
160,067     160,067
1,022   2,045 -1,023
38,278   58,920 -20,642
44,658   118,760 -74,102
18,988   104,555 -85,567
22,860   7,555 15,305
113,330   55,993 57,337
24,267   6,876 17,391
1,109   775 334
921   644 277
630   440 190
49,772   32,246 17,526
29,678     29,678
1,022   2,045 -1,023
35,280   53,885 -18,605
7,671   20,525 -12,854
75,951   240,078 -164,127
4,420   1,561 2,859
95   39 56
26,669   14,402 12,267
1,270   888 382
1,091   762 329
955   668 287
35,551   22,485 13,066
25,969     25,969
112   225 -113
54,036   83,218 -29,182
7,671   27,684 -20,013
30,244   117,766 -87,522
68,370   25,470 42,900
332,072   62,199 269,873
60,000   69,655 -9,655
11,813   8,256 3,557
34,075   23,815 10,260
1,547   1,081 466
21,331   12,371 8,960
5,936     5,936
2,627   5,256 -2,629
63,701   111,970 -48,269
12,785   45,458 -32,673
6     6
12,580   4,690 7,890
1,839,169   315,493 1,523,676
31,605   23,636 7,969
1,222   854 368
1,256   878 378
60,016   41,945 18,071
28,441   16,471 11,970
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       64,656
b       18,586
c       -869
d       -43,204
e       -30,140
      99
      55,899
       
      7,161
      450
      474
      387
      -1,633
      15,752
      74,821
      -122
      -47,697
      -15,304
       
      51
       
      3,960
      393
      294
      335
      1,003
      14,351
      46,373
      -1,596
      -45,761
      -26,356
      5
      23,486
      4
      216
      457
      222
      311
      -142
      14,883
      96,924
      -214
      -16,238
      -16,701
       
      22,369
      -1,774
      9,703
      6,886
      8,152
      423
      11,985
      15,877
      16,232
      -6,172
      -65,662
      -29,066
       
      2,266
      -4,134
      14,280
      668
      326
      10,369
      -87,283
      169,873
      137,921
      -40,118
      -63,639
      -18,052
      6
      73,255
      -3,208
      11,190
      524
      191
      389
      -37,766
      -29,896
      140,258
      -21,137
      -35,066
      -11,935
      35
      3,095
      918
      374
      327
      19,568
      288
      43,655
      38,301
      -11,583
      -69,806
      -9,372
       
      5,369
      1,617
      7,469
      366
      258
      163
      43,655
      -93,779
      -89,950
      -47,923
      -114,841
       
      8,062
      351
      12,064
      10,102
      235
      236
      29,103
      -205
      -36,353
      -244,809
      -123,532
       
      8,062
      38,972
      1,718
      400
      12,332
      20,916
      23,282
      -818
      -36,403
      -65,356
      -72,407
      36,565
      8,062
      2,997
      485
      359
      1,217
      13,998
      160,067
      -1,023
      -20,642
      -74,102
      -85,567
      15,305
      57,337
      17,391
      334
      277
      190
      17,526
      29,678
      -1,023
      -18,605
      -12,854
      -164,127
      2,859
      56
      12,267
      382
      329
      287
      13,066
      25,969
      -113
      -29,182
      -20,013
      -87,522
      42,900
      269,873
      -9,655
      3,557
      10,260
      466
      8,960
      5,936
      -2,629
      -48,269
      -32,673
      6
      7,890
      1,523,676
      7,969
      368
      378
      18,071
      11,970
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 1,429,251
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 -76,002
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 65,887
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 65,887
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 65,887
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 52,000
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 52,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 208
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 14,095
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 arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 arrow
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowPETER ZOCH CPA Telephone no.right arrow (201) 909-0090

Located atright arrow365 W PASSAIC ST SUITE 310365 W PASSAIC ST SUITE 310ROCHELLE PARKNJ ZIP+4right arrow07662
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
 
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
JENNIFER GRUENBERG PRESIDENT
15.00 		0 0 0
14 BROOKLINE ROAD
SCARSDALE,NY10583
WENDY GRUENBERG SECRETARY
2.00 		0 0 0
14 BROOKLINE ROAD
SCARSDALE,NY10583
LEONARD GRUENBERG VP/CHIEF FIN
5.00 		0 0 0
14 BROOKLINE ROAD
SCARSDALE,NY10583
JON GRUENBERG TREASURER
2.00 		0 0 0
14 BROOKLINE ROAD
SCARSDALE,NY10583
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  
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
BECK MACK & OLIVER LLC INVESTMENT ADVI 104,105
565 FIFTH AVE 19TH FLOOR
NEW YORK,NY100177111
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 N/A  
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
153,500,450
b
Average of monthly cash balances.......................
1b
6,085,210
c
Fair market value of all other assets (see instructions)................
1c
4,594,533
d
Total (add lines 1a, b, and c).........................
1d
164,180,193
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
164,180,193
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
7,500,000
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
156,680,193
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
7,834,010
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
7,834,010
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
65,887
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
65,887
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,768,123
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
7,768,123
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
7,768,123
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
6,713,780
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
6,713,780
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 7,768,123
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 6,511,530
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 6,713,780
a Applied to 2023, but not more than line 2a 6,511,530
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 202,250
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		7,565,873
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
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 e-mail address of the person to whom applications should be addressed:
JENNIFER GRUENBERG
14 BROOKLINE ROAD
SCARSDALE,NY10583
(201) 909-0090
bThe form in which applications should be submitted and information and materials they should include:
A STATEMENT(VIA US MAIL)DETAILING COMPLETE INFORMATION AS TO GRANT REQUESTED.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
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

914 CARES

28 KAYSAL COURT SUITE 1
ARMONK,NY10504 		  PC GENERAL CORPORATE PURPOSE 5,000

A BETTER CHANCE

235 WEST 35TH STREET 6TH
NEW YORK,NY100011907 		  PC GENERAL CORPORATE PURPOSE 5,000

AMERICAN FOLK ART MUSEUM

47-29 32ND PLACE
LONG ISLAND CITY,NY111012409 		  PC GENERAL CORPORATE PURPOSE 1,000

AMERICAN FRIENDS OF SOROKA MEDICAL

PO BOX 184-H
SCARSDALE,NY10583 		  PC GENERAL CORPORATE PURPOSE 10,000

AMERICAN JEWISH COMMITTEE

165 EAST 56TH STEET
NEW YORK,NY10022 		  PC GENERAL CORPORATE PURPOSE 17,500

AMERICAN MUSEUM OF NATURAL HISTORY

CENTRAL PARK WEST AT 79TH
NEW YORK,NY10024 		  PC GENERAL CORPORATE PURPOSE 5,000

ARC WESTCHESTER FOUNDATION

GLEESON-ISRAEL GATEWAY CE
HAWTHORNE,NY10532 		  PC GENERAL CORPORATE PURPOSE 25,000

AYFA FOUNDATION

140 SAW MILL RIVER ROAD
YONKERS,NY10701 		  PC GENERAL CORPORATE PURPOSE 10,000

BAPS ENDOWMENT INC

81 SUTTONS LANE SUITE 13
PISCATAWY,NJ08854 		  PC GENERAL CORPORATE PURPOSE 10,000

BARRIER ISLAND PARKS SOCIETY

PO BOX 637
BOCA GRANDE,FL33921 		  PC GENERAL CORPORATE PURPOSE 4,000

BERKELEY DIVINITY SCHOOL

409 PROSPECT STREET
NEW HAVEN,CT06511 		  PC GENERAL CORPORATE PURPOSE 10,000

BLYTHEDALE CHILDREN'S HOSPITAL

95 BRADHURST AVENUE
VALHALLA,NY105957555 		  PC GENERAL CORPORATE PURPOSE 4,000

BOCA GRANDE HEALTH CLINIC FOUNDATIO

PO BOX 2340
BOCA GRANDE,FL33921 		  PC GENERAL CORPORATE PURPOSE 755,000

BOCA GRANDE UNITED METHODIST CHURCH
BOCA GRANDE DISASTER FUND
325 3RD ST W
BOCA GRANDE,FL33921 		  PC GENERAL CORPORATE PURPOSE 50,000

BOCA GRANDE WOMAN'S CLUB

PO BOX 65
BOCA GRANDE,FL33921 		  PC GENERAL CORPORATE PURPOSE 25,000

BOSTON UNIVERSITY - SCHOOL OF DENTA

85 EAST NEWTON STREET M-
BOSTON,MA02118 		  PC GENERAL CORPORATE PURPOSE 10,000

BRAIN & BEHAVIOR RESEARCH FOUNDATIO

747 THIRD AVENUE 33RD FL
NEW YORK,NY10017 		  PC GENERAL CORPORATE PURPOSE 10,000

BRANDEIS UNIVERSITY

415 SOUTH STREET
WALTHAM,MA02453 		  PC GENERAL CORPORATE PURPOSE 10,000

BREAST CANCER ALLIANCE

48 MAPLE AVENUE
GREENWICH,CT06830 		  PC GENERAL CORPORATE PURPOSE 2,500

BRIDGE GOLF FOUNDATION

33 WEST 116TH ST
NEW YORK,NY10026 		  PC GENERAL CORPORATE PURPOSE 2,500

BURKE REHABILITATION HOSPITAL

785 MAMARONECK AVENUE
WHITE PLAINS,NY10605 		  PC GENERAL CORPORATE PURPOSE 10,000

CANCER SUPPORT COMMUNITY OF ANN ARB

2010 HOGBACK ROAD STE 3
ANN ARBOR,MI48105 		  PC GENERAL CORPORATE PURPOSE 5,000

CARAMOOR CENTER FOR THE ARTS

PO BOX 816
KATONAH,NY10536 		  PC GENERAL CORPORATE PURPOSE 1,000

CARNEGIE HALL

881 SEVENTH AVENUE
NEW YORK,NY10019 		  PC GENERAL CORPORATE PURPOSE 20,000

CASA - NYC

48 WALL STREET 11TH FL
NEW YORK,NY10005 		  PC GENERAL CORPORATE PURPOSE 5,000

CATHOLIC CHARITIES DIOCESE OF VENI

PO BOX 1386
BOCA GRANDE,FL339211386 		  PC GENERAL CORPORATE PURPOSE 25,000

CENTER FOR HEARING & COMMUNICATION

50 BROADWAY
NEW YORK,NY10004 		  PC GENERAL CORPORATE PURPOSE 10,000

CENTRAL PARK CONSERVANCY

14 EAST 60TH STREET
NEW YORK,NY10022 		  PC GENERAL CORPORATE PURPOSE 5,000

CHILD CARE COUNCIL OF WESTCHESTER

313 CENTRAL PARK AVENUE
SCARSDALE,NY10583 		  PC GENERAL CORPORATE PURPOSE 25,000

DANVILLE AREA COMMUNITY COLLEGE FOU

2000 EAST MAIN STREET
DANVILLE,IL61832 		  PC GENERAL CORPORATE PURPOSE 1,000

DARTMOUTH COLLEGE

6066 DEVELOPMENT OFFICE
HANOVER,NH037554400 		  PC GENERAL CORPORATE PURPOSE 95,000

ECOLOGY IN CLASSROOMS & OUTDOORS

PO BOX 90293
PORTLAND,OR97290 		  PC GENERAL CORPORATE PURPOSE 25,000

ENGLEWOOD YMCA

701 MEDICAL BOULEVARD
ENGLEWOOD,FL34223 		  PC GENERAL CORPORATE PURPOSE 10,000

ENTERTAINMENT COMMUNITY F

729 SEVENTH AVE 10TH FL
NEW YORK,NY10019 		  PC GENERAL CORPORATE PURPOSE 2,500

FEEDING WESTCHESTER

200 CLEARBROOK RD STE 16
ELMSFORD,NY10523 		  PC GENERAL CORPORATE PURPOSE 60,000

FOUNDATION IN SUPPORT OF EDUCATIONA

250 WARBURTON AVENUE
YONKERS,NY10701 		  PC GENERAL CORPORATE PURPOSE 25,000

FRIENDS OF BOCA GRANDE COMMUNITY CE

131 FIRST STREET WEST PO
BOCA GRANDE,FL33921 		  PC GENERAL CORPORATE PURPOSE 275,000

FRIENDS OF SCARSDALE LIBRARY

PO BOX 628
SCARSDALE,NY10583 		  PC GENERAL CORPORATE PURPOSE 25,000

FSHD SOCIETY INC

450 BEDFORD STREET
LEXINGTON,MA02420 		  PC GENERAL CORPORATE PURPOSE 1,500

GBS-CIPD FOUNDATION INTERNATIONAL

375 EAST ELM STREET SUIT
CONSHOHOCKEN,PA19428 		  PC GENERAL CORPORATE PURPOSE 10,000

GICIA (GASPARILLA ISLAND CONSERVATI

PO BOX 446 131 FIRST S
BOCA GRANDE,FL33921 		  PC GENERAL CORPORATE PURPOSE 10,000

GILDA'S CLUB WESTCHESTER

80 MAPLE AVENUE
WHITE PLAINS,NY106015105 		  PC GENERAL CORPORATE PURPOSE 2,500

GRAD BAG

PO BOX 605
SCARSDALE,NY10583 		  PC GENERAL CORPORATE PURPOSE 15,000

GREATER MILWAUKEE FOUNDATION

101 W PLEASANT ST
MILWAUKEE,WI53212 		  PC GENERAL CORPORATE PURPOSE 5,000

HACKLEY SCHOOL

293 BENEDICT AVENUE
TARRYTOWN,NY10591 		  PC GENERAL CORPORATE PURPOSE 75,000

HEALTHNETWORK FOUNDATION

33 RIVER STREET
CHAGRIN FALLS,OH44022 		  PC GENERAL CORPORATE PURPOSE 10,000

HISTORY MATTERSBACK TO THE FUTURE

340 WEST 87TH STREEET 5
NEW YORK,NY10024 		  PC GENERAL CORPORATE PURPOSE 5,000

HOSPICE OF WESTCHESTER

1025 WESTCHESTER AVENUE
WHITE PLAINS,NY10604 		  PC GENERAL CORPORATE PURPOSE 20,000

HUDSON INSTITUTE

1201 PENNSYLVANIA AVENUE
WASHINGTON,DC200042401 		  PC GENERAL CORPORATE PURPOSE 25,000

HUNTER COLLEGE FOUNDATION THE

695 PARK AVE
NEW YORK,NY100655024 		  PC GENERAL CORPORATE PURPOSES 10,000

INSTITUTE FOR CITIZENS & SCHOLARS

104 CARNEGIE CENTER SUII
PRINCETON,NJ08540 		  PC GENERAL CORPORATE PURPOSE 50,000

INTERNATIONAL MYELOMA FOUNDATION

12650 RIVERSIDE DRIVE SU
NORTH HOLLYWOOD,CA91607 		  PC GENERAL CORPORATE PURPOSE 50,000

ISLAND SCHOOL THE

PO BOX 1090
BOCA GRANDE,FL339211090 		  PC GENERAL CORPORATE PURPOSE 50,000

ISRAEL CANCER RESEARCH FUND

52 VANDERBILT AVENUE SUI
NEW YORK,NY100173834 		  PC GENERAL CORPORATE PURPOSE 10,000

JACOB BURNS FILM CENTER

405 MANVILLE ROAD
PLEASANTVILLE,NY10570 		  PC GENERAL CORPORATE PURPOSE 1,500

JCCA - JEWISH CHILD CARE ASSOC

57 WILLOUGHBY ST
BROOKLYN,NY11201 		  PC GENERAL CORPORATE PURPOSE 180,000

JF LIBRARY FOUNDATION

PO BOX 309 1040 WEST 1
BOCA GRANDE,FL33921 		  PC GENERAL CORPORATE PURPOSE 31,000

JUILLIARD SCHOOL

60 LINCOLN CENTER PLAZA
NEW YORK,NY10023 		  PC GENERAL CORPORATE PURPOSE 10,000

JUNIOR LEAGUE OF CENTRAL WESTCHESTE

1039 POST ROAD
SCARSDALE,NY10583 		  PC GENERAL CORPORATE PURPOSE 10,000

LIBRARY FOUNDATION THE - MULTNOMAH

620 SW FIFTH AVENUE SUIT
PORTLAND,OR97204 		  PC GENERAL CORPORATE PURPOSE 100,000

LINCOLN CENTER

70 LINCOLN CENTER PLAZA
NEW YORK,NY100236583 		  PC GENERAL CORPORATE PURPOSE 5,000

LUSTGARTEN FOUNDATION

415 CROSSWAYS PARK DRIVE
WOODBURY,NY11797 		  PC GENERAL CORPORATE PURPOSE 2,500

MANHATTAN THEATRE CLUB

311 WEST 43RD STREET 8TH
NEW YORK,NY10036 		  PC GENERAL CORPORATE PURPOSE 10,000

MAYO CLINIC

200 FIRST STREET SW
ROCHESTER,MN55905 		  PC GENERAL CORPORATE PURPOSE 5,000

MEMORIAL SLOAN-KETTERING CANCER CEN

1275 YORK AVENUE
NEW YORK,NY10065 		  PC GENERAL CORPORATE PURPOSE 5,000

METROPOLITAN GOLF ASSOCIATION CADDI

49 KNOLLWOOD ROAD
ELMSFORD,NY10523 		  PC GENERAL CORPORATE PURPOSE 10,000

METROPOLITAN MUSEUM OF ART

PO BOX
NEW YORK,NY10028 		  PC GENERAL CORPORATE PURPOSE 10,000

MOBILIZATION FOR JUSTICE

100 WILLIAM STREET 6TH F
NEW YORK,NY10038 		  PC GENERAL CORPORATE PURPOSE 10,000

MOUNT SINAI HEALTH SYSTEM

ONE GUSTAVE L LEVY PLACE
NEW YORK,NY10029 		  PC GENERAL CORPORATE PURPOSE 110,000

NEW ALTERNATIVES FOR CHILDREN

37 WEST 26TH STREET
NEW YORK,NY10010 		  PC GENERAL CORPORATE PURPOSE 25,000

NEW YORK BOTANICAL GARDEN

2900 SOUTHERN BLVD
BRONX,NY104580649 		  PC GENERAL CORPORATE PURPOSE 5,000

NEW YORK PHILHARMONIC

DAVID GEFFEN HALL 10 LIN
NEW YORK,NY10023 		  PC GENERAL CORPORATE PURPOSE 475,000

NEW YORK PUBLIC LIBRARY

445 FIFTH AVENUE
NEW YORK,NY10016 		  PC GENERAL CORPORATE PURPOSE 10,000

NEW YORK PUBLIC RADIO

169 VARICK STREET
NEW YORK,NY10013 		  PC GENERAL CORPORATE PURPOSE 10,000

OREGON EPISCOPAL SCHOOL

6300 SW NICHOL ROAD
PORTLAND,OR97223 		  PC GENERAL CORPORATE PURPOSE 75,000

PARKINSON'S FOUNDATION

1359 BROADWAY SUITE 1509
NEW YORK,NY10018 		  PC GENERAL CORPORATE PURPOSE 15,000

PEPS (PROGRAM FOR EARLY PARENT SUPP

4649 SUNNYSIDE AVENUE NOR
SEATTLE,WA98103 		  PC GENERAL CORPORATE PURPOSE 5,000

RAMAPO FOR CHILDREN

PO BOX 266
RHINEBECK,NY125720266 		  PC GENERAL CORPORATE PURPOSE 5,000

READING RESULTS

3115 NE SANDY BOULEVARD
PORTLAND,OR97232 		  PC GENERAL CORPORATE PURPOSE 150,000

RETT SYNDROME RESEARCH TRUST

67 UNDER CLIFF ROAD
TRUMBULL,CT06611 		  PC GENERAL CORPORATE PURPOSE 50,000

ROCKEFELLER UNIVERSITY

1230 YORK AVENUE AT EAST
NEW YORK,NY10065 		  PC GENERAL CORPORATE PURPOSE 3,500

ROYAL PALM PLAYERS

PO BOX 954
BOCA GRANDE,FL33921 		  PC GENERAL CORPORATE PURPOSE 5,000

SCARSDALE & EDGEMONT FAMILY COUNSEL

14 HARWOOD COURT 405
SCARSDALE,NY10583 		  PC GENERAL CORPORATE PURPOSE 55,000

SCARSDALE ADULT SCHOOL

PO BOX 205
SCARSDALE,NY10583 		  PC GENERAL CORPORATE PURPOSE 10,000

SCARSDALE FOUNDATION THE

PO BOX 542
SCARSDALE,NY10583 		  PC GENERAL CORPORATE PURPOSE 5,000

SCARSDALE VOLUNTEER AMBULANCE CORPS

PO BOX 92
SCARSDALE,NY10583 		  PC GENERAL CORPORATE PURPOSE 25,000

SCARSDALE WOMAN'S CLUB

37 DRAKE ROAD
SCARSDALE,NY10583 		  PC GENERAL CORPORATE PURPOSE 25,000

SCARSDALE WOMEN'S EXCHANGE

6 HARWOOD COURT
SCASDALE,NY10583 		  PC GENERAL CORPORATE PURPOSE 10,000

ST JUDE CHILDREN'S RESEARCH HOSPIT

262 DANNY THOMAS PL
MEMPHIS,TN38105 		  PC GENERAL CORPORATE PURPOSE 10,000

STUDENT ADVOCACY

3 WEST MAIN STREET SUITE
ELMSFORD,NY10523 		  PC GENERAL CORPORATE PURPOSE 2,500

SUMMER CAMP THE

8 CHURCH STREET
BRIDGTON,ME04009 		  PC GENERAL CORPORATE PURPOSE 40,000

THE 1898 FOUNDATION

PO BOX 248
PURCHASE,NY10577 		  PC GENERAL CORPORATE PURPOSE 10,000

THE ACCELERATION PROJECT

PO BOX 335
SCARSDALE,NY10583 		  PC GENERAL CORPORATE PURPOSE 20,000

THE BLOSSER CENTER

PO BOX 18082
PORTLAND,OR97218 		  PC GENERAL CORPORATE PURPOSE 50,000

THE SHADOW PROJECT

2154 NE BROADWAY SUITE 1
PORTLAND,OR97232 		  PC GENERAL CORPORATE PURPOSE 10,000

TROUT UNLIMITED

PO BOX 7400
WOOLLY BUGGER,WV254387400 		  PC GENERAL CORPORATE PURPOSE 5,000

TUFTS UNIVERSITY SCHOOL OF MEDICINE

136 HARRISON AVENUE
BOSTON,MA02111 		  PC GENERAL CORPORATE PURPOSE 10,000

UJA-FEDERATION

130 EAST 59TH STREET
NEW YORK,NY10022 		  PC GENERAL CORPORATE PURPOSE 50,000

UNITED HEBREW

391 PELHAM RAOD
NEW ROCHELLE,NY10805 		  PC GENERAL CORPORATE PURPOSE 10,000

UNITED WAY OF WESTCHESTER & PUTNAM

336 CENTRAL PARK AVENUE
WHIE PLAINS,NY10606 		  PC GENERAL CORPORATE PURPOSE 25,000

URBANGLASS

647 FULTON STREET
BROOKLYN,NY11217 		  PC GENERAL CORPORATE PURPOSE 5,000

VOLUNTEER NEW YORK

220 WHITE PLAINS ROAD 2N
TARRYTOWN,NY10591 		  PC GENERAL CORPORATE PURPOSE 30,000

WEILL CORNELL MEDICINE DEPARTMENT O

1300 YORK AVENUE BOX 314
NEW YORK,NY101310628 		  PC GENERAL CORPORATE PURPOSE 10,000

WESTCHESTER CHILDREN'S ASSOCIATION

470 MAMARONECK AVENUE SU
WHITE PLAINS,NY10605 		  PC GENERAL CORPORATE PURPOSE 25,000

WESTCHESTER COMMUNITY COLLEGE FOUND

HARTFORD HALL 75 GRASSLA
VALHALLA,NY10595 		  PC GENERAL CORPORATE PURPOSE 307,000

WESTCHESTER JEWISH COMMUNITY SERVIC

845 NORTH BRODWAY
WHITE PLAINS,NY10603 		  PC GENERAL CORPORATE PURPOSE 10,000

WESTCHESTER PARKS FOUNDATION (FORME

155 LAYFAYETTE AVENUE SU
WHITE PLAINS,NY10603 		  PC GENERAL CORPORATE PURPOSE 2,500

WESTCHESTER REFORM TEMPLE

255 MAMARONECK ROAD
SCARSDALE,NY10583 		  PC GENERAL CORPORATE PURPOSE 123,000

WHITE PLAINS HOSPITAL

41 EAST POST ROAD
WHITE PLAINS,NY10601 		  PC GENERAL CORPORATE PURPOSE 2,185,000

WILD CENTER THE

45 MUSEUM DRIVE
TUPPER LAKE,NY12986 		  PC GENERAL CORPORATE PURPOSE 2,000

WNET-THIRTEEN

825 EIGHTH AVENUE
NEW YORK,NY100197435 		  PC GENERAL CORPORATE PURPOSE 25,000

WOMEN'S ENTERPRISE DEVELOPMENT CENT

901 NORTH BROADWAY SUITE
WHITE PLAINS,NY10603 		  PC GENERAL CORPORATE PURPOSE 15,000

WOMEN'S PROJECT THEATRE

55 WEST END AVENUE
NEW YORK,NY10023 		  PC GENERAL CORPORATE PURPOSE 5,000

YALE CHILD STUDY CENTER

PO BOX 2038
NEW HAVEN,CT065212038 		  PC GENERAL CORPORATE PURPOSE 250,000

YALE UNIVERSITY

PO BOX 2038
NEW HAVEN,CT065212038 		  PC GENERAL CORPORATE PURPOSE 45,000

YONKERS PARTNERS IN EDUCATION

92 MAIN STREET
YONKERS,NY10701 		  PC GENERAL CORPORATE PURPOSE 10,000

ZERO TO THREE

1255 23RD STREET NW SUI
WASHINGTON,DC20037 		  PC GENERAL CORPORATE PURPOSE 3,500
Total .................................right arrow 3a 6,704,000
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 ........... 		    14 198,147  
4 Dividends and interest from securities ....     14 3,327,601  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 20,765  
6 Net rental income or (loss) from personal property          
7 Other investment income .....     18 2,028  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    14 1,429,251  
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) ..   4,977,792  
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,977,792
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
THE V & L MARX FOUNDATION
EIN:
03-0536676
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 16,000 8,000   8,000

TY 2024 ContractorCompensationExpln
Name:
THE V & L MARX FOUNDATION
EIN:
03-0536676
Contractor Explanation
BECK MACK & OLIVER LLC INVESTMENT ADVISORY FEES

TY 2024 InvestmentsCorpStockSchedule
Name:
THE V & L MARX FOUNDATION
EIN:
03-0536676
Name of Stock End of Year Book Value End of Year Fair Market Value
17 WEST ORANGE REALTY 629,584 629,584
26 EAST REALTY CO 1,115,207 1,115,207
ABBOTT LABORATORIES 353,503 339,330
ABBOTT LABORATORIES 173,502 848,325
ABBVIE INC 188,148 1,332,750
ADJUSTMENT TO COST BASIS    
ADJUSTMENT TO COST BASIS    
ADJUSTMENT TO COST BASIS    
ADJUSTMENT TO COST BASIS 131,163  
ADVANCED MICRO DEVICE INC 175,699 169,106
AIR PRODUCTS & CHEMICALS INC 256,718 1,160,160
AKAMAI TECHNOLOGIES 452,991 1,056,933
ALBEMARLE CORPORATION 71,112 370,402
ALPHABET INC. A 287,362 2,218,086
ALPHABET INC. C 113,360 1,529,053
ALPHABET INC-CL A (GOOGL) 186,128 667,235
ALPHABET INC-CL A (GOOGL) 117,569 354,938
AMERICAN AIRLS GROUP 302,599 314,280
AMERICAN EXPRESS CO 157,155 481,200
AMGEN INC 489,438 2,345,760
ANALOG DEVICES INC 1,411,732 5,587,698
ANALOG DEVICES INC (ADI) 128,100 286,821
APOLLO GLOBAL MGMT INC 248,240 1,650,100
APPLE INC 320,814 4,910,584
ARCHER-DANIELS-MIDLAND CO 804,917 1,010,400
ARGIN REALTY CO 1,150,079 1,150,079
ARTHUR J GALLAGHER & C    
ASHTEAD GROUP PLC SHS 268,212 566,444
AT&T INC 1,075,032 956,739
AVALONBAY COMMUNITIES INC (AVB)    
BECTON DICKINSON & CO 106,168 115,023
BERKSHIRE HATHAWAY B 448,204 2,436,380
BERKSHIRE HATHAWAY INC-DEL CL A 219,968 2,042,760
BLACKSTONE GROUP 221,770 1,258,666
BLUE OWL CAPITAL INC COM 409,963 837,360
BOEING CO 289,628 707,320
BRIGGS & STRATTON CO    
BRISTOL MYERS SQUIBB CO 1,181,332 1,866,480
BROADCOMM INC 141,848 1,418,131
CARDINAL HEALTH INC 517,005 1,182,700
CHARLES SCHWAB CORP 352,564 592,160
CHEVRON CORPORATION 325,556 1,065,588
CHICAGO RVT & MACHIN 151,527 114,048
CISCO SYSTEMS INC 964,595 1,361,602
COCA COLA COMPANY (THE) 15,573 871,640
COGNIZANT TECH SOLU A 262,443 507,540
CONESTOGA SMALL CAP FUND IS (CCALX) 179,210 254,828
COSTAR GROUP INC 448,878 501,620
COSTCO WHOLESALE CORP-NEW 589,597 7,333,800
CREDIT ACCEP CORP MICH COM 606,011 704,190
CTO REALTY GROWTH INC COMMON STOCK 376,393 770,948
DANAHER CORPORATION 171,206 2,295,500
DARB REALTY CO 965,888 965,888
DELL TECHNOLOGIES C 135,919 1,217,856
DINE BRANDS GLOBAL INC 272,160 270,900
EBAY INC 327,633 656,670
EMBECTA CORP 2,483 2,086
EMERSON ELECTRIC CO 753,278 1,860,600
ENSTAR GROUP LTD    
EXXON MOBIL CORP 451,148 1,183,600
FERGUSON PLC 461,360 538,067
FIRST HORIZON   7
FISERV INC 214,509 410,840
FORD MOTOR 404,111 267,300
FORTREA HOLDINGS INC 654,014 473,750
GALLAGHER ARTHUR J 351,969 738,010
GOLDMAN SACHS BDC INC SHS    
GOLDMAN SACHS GQG PARTNERS (GSIMX) 500,743 550,167
GORMAN RUPP COMPANY (THE) COMMON SHA 958,249 1,516,800
GRACO INC (GGG) 198,906 320,302
H B FULLER & CO 56,487 269,920
HALOZYME THERAPEUTICS INC 751,492 3,332,700
HELMERICH & PAYNE INC 38,281 81,640
HENNES & MAURITZ AB H&M STOCKHOLM AK 22,752 29,757
HILTON WORLDWIDE HOLDINGS INC 180,483 469,604
HOME DEPOT INC 274,819 3,111,920
HUBBELL INCORPORATED COM 155,170 2,094,450
HUNTINGTON BANCSHS 382,485 481,166
IDEX CORP (IEX) 183,878 188,361
ILLINOIS TOOL WORKS INC 201,403 1,470,648
INNOVIVA INC COM 298,441 431,500
INTERNATIONAL BUSINESS MACHINES CORP 1,946,065 3,297,450
INTERNATIONAL PAPER 330,930 484,380
ISHARES CORE DIVIDEND GROWTH (DGRO) 334,745 398,710
ISHARES EXPANDED TECH SECTO (IGM) 158,425 385,900
ISHARES US AEROSPACE DEFENSE 144,720 174,420
JOHNSON & JOHNSON 289,026 722,500
JOHNSON CONTROLS INTER F 210,754 315,720
KESMAR REALTY CO 406,455 406,455
KENVUE INC 151,410 149,450
KEYCORP INC 130,000 171,400
KEYSIGHT TECH INC (KEYS) 202,042 240,945
KIMBERLY CLARK CORP 459,752 982,800
KRAFT HEINZ COMPANY (THE) COMMON STO 261,712 245,680
LAB.CP OF AMER HLDGS. 398,206 596,232
LOWES COMPANIES INC 460,969 6,416,800
LYONDELLBASELL INDUSTRIES N V CL A 1,787,125 1,480,000
MAGNA INTERNATIONAL INC CL A US LIST 493,005 410,000
MANITOWOC CO INC 175,050 182,600
MASTERCARD INC -A- (MA) 197,587 329,106
MASTERCARD INC CL A 174,053 315,942
MATADOR RES CO COM 237,826 675,120
MCCORMICK & CO INC NON-VOTING 144,472 609,920
MEDTRONIC PLC 571,204 575,136
MERCK & CO INC 1,048,130 2,487,000
MICROSOFT CORP 745,550 9,700,825
MICROSOFT CORP 166,400 664,099
MONTCAN REALTY CO 140,003 140,003
MP MATLS CORP CLASS A 249,299 232,500
NEUBERGER BERMAN GENESIS IN (NBGIX) 252,186 239,714
NEWELL BRANDS INC    
NORFOLK SOUTHERN CORP 237,768 1,173,500
NOVO-NORDISK A S ADR    
NUCOR CORP 345,994 1,167,100
NVIDIA CORP 72,786 12,100,500
OCCIDENTAL PETROL 27 WTSWARRANTS EXP 2,475 13,750
ORGANON & CO 146,084 88,973
PALO ALTO NETWORKS INC 93,395 127,372
PARAMOUNT GLOBAL FORMERLY VIACOMCBS    
PARN CORE EQT-INSTL INSTITU (PRILX)    
PAYPAL HOLDINGS INCO 288,762 742,545
PFIZER INC 184,261 179,078
PFIZER INC 1,734,451 1,723,800
QUALCOMM INC 681,850 768,300
RADNET INC COM 161,188 956,808
RAMACO RESOURCES INC CLASS A 36,667 20,787
RBC BEARINGS (ROLL) 145,414 269,226
REGAL REXNORD CORP 249,220 310,260
REGIONS FINANCIAL CORP 471,051 686,036
ROPER TECHNOLOGIES INC COM 164,881 260,595
ROSS STORES INC (ROST)    
SCHWAB CHARLES CP NEW COM    
SCHWAB TREASURY OBLIG MONEY (SNOXX) 80,710 80,710
SHELL PLC SPONSORED ADR 1 730,648 863,000
SHERWIN WILLIAMS CO COM    
SIRIUS XM HLDGS INC    
SMUCKER J M COMPANY 82,531 275,300
SONOCO PRODUCTS CO 576,612 977,000
SOUTHERN COPPER CORP 329,959 649,746
STANLEY BLACK & DECK 446,516 240,600
STARRETT LS CO CL A    
STERIS PLC 741,775 2,083,556
SYMBOTIC INC CLASS A 628,068 639,900
TARGET CORP 235,903 716,454
TEVA PHARMAC.IND.ADR    
THERMO FISHER SCIENTIFIC (TMO) 252,344 273,121
UNILEVER PLC SPONSORED ADR 281,031 816,480
UNION PACIFIC CORP 513,768 1,368,240
UNITED PARCEL SVC INC CL B 679,738 1,008,800
US BANCORP 165,400 239,300
VANGUARD HEALTH CARE VIPE (VHT) 93,311 202,952
VANGUARD INDUSTRIAL (VIS) 184,522 254,391
VANGUARD MID-CAP ETF (VO) 101,195 264,130
VANGUARD S&P 500 ETF (VOO) 1,364,816 2,370,764
VERALTO CORP 22,596 339,466
VIATRIS INC COMMON STOCK 138,199 136,950
VOLKSWAGEN AG FUNSPONSORED ADR 1 56,800 45,600
WALMART INC 257,070 1,287,488
WALT DISNEY CO 75,300 356,384
WALT DISNEY CO (DIS) 274,795 278,375
WARNER BROTHERS DISCOVER    
WASATCH SMALL CAP VALUE INSTITUTIONA 183,964 162,437
WEST PHARMACEUTICAL SVCS INC COM 28,081 1,310,240
ZURN ELKAY WATER SOLUTIONS CORP 292,525 484,900

TY 2024 InvestmentsGovtObligationsSch
Name:
THE V & L MARX FOUNDATION
EIN:
03-0536676
US Government Securities - End of Year Book Value:

4,091,929
US Government Securities - End of Year Fair Market Value:

4,164,403
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 InvestmentsOtherSchedule2
Name:
THE V & L MARX FOUNDATION
EIN:
03-0536676
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
EATON PARK FMV 1  
ELMONT JV FMV 10,133 8,049
ENTERPRISE PRODUCT PARTNERSHIP FMV    
FORT LEE JV FMV 6,104 6,067
ITHACA JV FMV 18,912 15,636
KINNEY HYBLA JV FMV 24,035 24,121
KKR NORTH AMERICA FUND XI LP FMV 297,347 754,820
MADISON SYNDICATE FMV 609 646
MANASSAS JV FMV 12,584 11,286
MARLTON JV FMV 21,632 21,131
MELCO HYBLA JV FMV 15,335 13,183
NEWBURY STREET PARTNERS FMV 14,549 9,404
OCEAN COUNTY JV FMV 4 175
PETERS LAND SYNDICATE FMV 18,708 12,661
QUENT LONG SHORT GLOBAL SMALL CAP FU FMV 3,212,502 4,026,546
SEAFORD JV FMV 9,359 8,959
STATE COLLEGE JV FMV 22,565 12,250

TY 2024 OtherAssetsSchedule
Name:
THE V & L MARX FOUNDATION
EIN:
03-0536676
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DIVIDEND RECEIVABLE 38,860 4,028 4,028
DUE FROM SYNDICATES 9,802 12,824 12,824
ORGANIZATIONAL COSTS 31,166 31,166  
ACCUMULATED AMORTIZATION - ORGANIZAT -31,166 -31,166  
DUE FROM DELL TECHNOLOGY 21,984    


TY 2024 OtherExpensesSchedule
Name:
THE V & L MARX FOUNDATION
EIN:
03-0536676
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SCH K-1 PASS THRU FROM SYND        
SCH K-1 PASS THRU RENTAL LOSS        
EXPENSES        
FILING FEES 1,780     1,780
INVESTMENT ADVISORY FEES 153,431 153,431    
OTHER INVEST EXPENSES K-1 FRO 75 75    
ADR FEES 543 543    
FUND EXPENSES-KKR 2,133      
OTHER DEDUCTIONS SEE QUENT SC 64,007 64,007    


TY 2024 OtherIncomeSchedule2
Name:
THE V & L MARX FOUNDATION
EIN:
03-0536676
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
SEE QUENT K-1 1,633 1,633  
OTHER MISC INCOME 395 395  


TY 2024 OtherLiabilitiesSchedule
Name:
THE V & L MARX FOUNDATION
EIN:
03-0536676
Description Beginning of Year - Book Value End of Year - Book Value
ACCRUED EXPENSES 34,843 39,271
DUE TO BROKER    
EAST RUTHERFORD SYNDICATE    
MIAMI SUNDICATE    


TY 2024 TaxesSchedule
Name:
THE V & L MARX FOUNDATION
EIN:
03-0536676
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX PAID DIVIDEND INCOME 9,217 9,217    
FEDERAL EXCISE TAX 33,004      
FOREIGN TAX PAID SEE K-1 QUENT 2,479 2,479