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 FOURTEN FOUNDATION
C/O PKF O'CONNOR DAVIES ADVISORY LLC
Number and street (or P.O. box number if mail is not delivered to street address)20 COMMERCE DRIVE 301
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CRANFORD, NJ07016
A Employer identification number

86-3735206
B Telephone number (see instructions)

(908) 272-6200
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$45,348,132J Accounting method:
modified cash
(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 5,287 5,287  
4 Dividends and interest from securities... 819,280 819,280  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 735,437
b Gross sales price for all assets on line 6a 7,999,160
7 Capital gain net income (from Part IV, line 2)... 735,437
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).......      
12 Total. Add lines 1 through 11........ 1,560,004 1,560,004  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
21,985 0   21,985
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
12,875 0   12,875
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
246,789 246,789   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
9,310 9,310   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,543 3,543   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 294,502 259,642   34,860
25 Contributions, gifts, grants paid....... 1,885,000 1,885,000
26 Total expenses and disbursements. Add lines 24 and 25 2,179,502 259,642   1,919,860
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -619,498
b Net investment income (if negative, enter -0-) 1,300,362
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......... 590,763 745,656 745,656
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 9,729,170 Click to see attachment
List of Attached Documents:
// Content
10,510,636 		10,510,636
c Investments—corporate bonds (attach schedule)....... 7,878,720 Click to see attachment
List of Attached Documents:
// Content
8,293,850 		8,293,850
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).......... 22,798,066 Click to see attachment
List of Attached Documents:
// Content
25,797,990 		25,797,990
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 40,996,719 45,348,132 45,348,132
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 40,996,719 45,348,132
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........    
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)..... 40,996,719 45,348,132
30 Total liabilities and net assets/fund balances (see instructions). 40,996,719 45,348,132
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
40,996,719
2
Enter amount from Part I, line 27a .....................
2
-619,498
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,970,911
4
Add lines 1, 2, and 3 ..........................
4
45,348,132
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
45,348,132
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 SALE OF PUBLICLY TRADED SECURITIES P    
b SALES OF DONATED SECURITIES D    
c
d
e
(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 7,957,608   7,242,032 715,576
b 41,552   21,691 19,861
c
d
e
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       715,576
b       19,861
c
d
e
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 2 735,437
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 18,075
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 18,075
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 18,075
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 34,387
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 34,387
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 16,312
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow16,312 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 arrowDE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowUBS PRIVATE WEALTH MANAGEMENT Telephone no.right arrow (704) 362-8248

Located atright arrow6100 FAIRVIEW ROAD 9TH FLCHARLOTTENC ZIP+4right arrow28210
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)
Yes
 
(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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
GEORGE F OHRSTROM - CO PKFOD LLP PRESIDENT, SEC. & DIRECTOR
0.50 		0 0 0
20 COMMERCE DRIVE STE 301
CRANFORD,NJ07016
CLARKE OHRSTROM - CO PKFOD LLP VP, TREASURER, & DIRECTOR
0.50 		0 0 0
20 COMMERCE DRIVE STE 301
CRANFORD,NJ07016
WRIGHT OHRSTROM - CO PKFOD LLP DIRECTOR
0.50 		0 0 0
20 COMMERCE DRIVE STE 301
CRANFORD,NJ07016
WINIFRED O NICHOLS - CO PKFOD LLP DIRECTOR
0.50 		0 0 0
20 COMMERCE DRIVE STE 301
CRANFORD,NJ07016
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
UBS FINANCIAL SERVICES INC INVESTMENT MANAGEMENT FEES 246,789
6100 FAIRVIEW ROAD 9TH FLOOR
CHARLOTTE,NC28210
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
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
43,802,607
b
Average of monthly cash balances.......................
1b
387,180
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
44,189,787
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
44,189,787
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
662,847
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
43,526,940
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,176,347
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
2,176,347
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
18,075
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
18,075
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,158,272
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,158,272
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,158,272
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
1,919,860
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
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
1,919,860
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 2,158,272
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 1,616,125
b Total for prior years:20 , 20, 20 0
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 ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,919,860
a Applied to 2023, but not more than line 2a 1,616,125
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..... 303,735
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		1,854,537
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ADVENTURE SCIENTISTS

PO BOX 1834
BOZEMAN,MT59771 		N/A PC GENERAL OPERATIONS 75,000

GALLATIN VALLEY LAND TRUST

212 S WALLACE AVE 101
BOZEMAN,MT59715 		N/A PC THE OUTSIDE KIND PROGRAM 20,000

JOHNS HOPKINS UNIVERSITY - DEPARTMENT OF NEUROLOGY

550 NORTH BROADWAY SUITE 727
BALTIMORE,MD21205 		N/A PC GENERAL OPERATIONS 100,000

MIDDLEBURG HUMANE FOUNDATION

PO BOX 684
MARSHALL,VA20116 		N/A PC GENERAL OPERATIONS 10,000

NATIONAL PARK FOUNDATION

1500 K STREET NW SUITE 700
WASHINGTON,DC20005 		N/A PC GENERAL OPERATIONS 50,000

NORTH YELLOWSTONE EDUCATION FOUNDATION

PO BOX 166
GARDINER,MT59030 		N/A PC GARDINER SCHOOL-SECOND CAPITAL - CAMPAIGN TO FUND TEACHER HOUSING 60,000

PARK COUNTY COMMUNITY FOUNDATION

104 SOUTH MAIN STREET
LIVINGSTON,MT59047 		N/A PC GIVE A HOOT CAMPAIGN TO BENEFIT THE NORTH YELLOWSTONE EDUCATION FOUNDATION 40,000

PARK COUNTY COMMUNITY FOUNDATION

104 SOUTH MAIN STREET
LIVINGSTON,MT59047 		N/A PC UPPER YELLOWSTONE RIVER RECREATION STUDY 15,000

PROPERTY & ENVIRONMENT RESEARCH CENTER (PERC)

2048 ANALYSIS DRIVE SUITE A
BOZEMAN,MT59718 		N/A PC GENERAL OPERATIONS 50,000

SOUTHERN ENVIRONMENTAL LAW CENTER

120 GARRETT ST SUITE 400
CHARLOTTESVILLE,VA22902 		N/A PC FUNDING OF SOUTHERN ENVIRONMENTAL LAW CENTERS WORK TO BATTLE BACK THE DESTRUCTIVE BIOMASS INDUSTRY 50,000

THE REASON FOUNDATION

5737 MESMER AVENUE
LOS ANGELES,CA90230 		N/A PC GENERAL OPERATIONS 120,000

TOOTHPICK PROJECT

807 S 6TH AVENUE
BOZEMAN,MT59715 		N/A PC GENERAL OPERATIONS 70,000

VANGUARD CHARITABLE ENDOWMENT PROGRAM

PO BOX 9509
WARWICK,RI02889 		N/A PC THE SALMSON FUND 1,100,000

WAKEFIELD SCHOOL INC

PO BOX 107
THE PLAINS,VA20198 		N/A PC GENERAL OPERATIONS 75,000

YELLOWSTONE FOREVER

PO BOX 1857
BOZEMAN,MT59771 		N/A PC GENERAL OPERATIONS 50,000
Total .................................right arrow 3a 1,885,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 5,287  
4 Dividends and interest from securities ....     14 819,280  
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 ............ 		    18 735,437  
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) .. 0 1,560,004 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,560,004
(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 FOURTEN FOUNDATION
 
C/O PKF O'CONNOR DAVIES ADVISORY LLC
EIN:
86-3735206
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEES 12,875 0   12,875

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE FOURTEN FOUNDATION
 
C/O PKF O'CONNOR DAVIES ADVISORY LLC
EIN:
86-3735206
Name of Bond End of Year Book Value End of Year Fair Market Value
AECOM NTS B/E 05.125% 031527 DTD022117 31,692 31,692
AIR LEASE CORP 02.875% 011526 DTD081720 352,336 352,336
ALLY FINANCIAL INC B/E 05.750% 112025 28,146 28,146
AMER AXLE & MANF INC NTS 06.500% 040127 DTD100117 31,646 31,646
AMERICAN EXPRESS CO NTS 05.043% 072628 DTD072624 110,564 110,564
AMERICAN HONDA FIN NTS 05.650% 111528 DTD111523 338,874 338,874
AMERIGAS PARTNER NTS B/E 05.500% 052025 DTD122816 7,951 7,951
ASBURY AUTO GROUP INC 04.500% 030128 DTD090120 22,046 22,046
BERKSHIRE HATHAWAY ENERG 04.050% 041525 DTD101520 23,959 23,959
BHP BILLITON FIN LTD NTS 04.500% 091526 32,331 32,331
BOYD GAMING CORP NTS B/E 04.750% 120127 DTD060120 27,070 27,070
BP CPTL MARK AMER INC 04.699% 041029 DTD011024 55,712 55,712
BUCKEYE PARTNERS L P B/E 03.950% 120126 DTD110716 27,914 27,914
CEDAR FAIR/CAN/MAGNUM/MI 05.375% 041527 DTD041518 37,594 37,594
CENTENE CORP NTS B/E 04.250% 121527 DTD120619 39,778 39,778
CHARTER COMM OPT LLC/CAP 04.908% 072325 DTD072316 333,609 333,609
CHEMOURS CO NTS B/E 05.375% 051527 DTD052317 FC111517 31,763 31,763
CITIGROUP INC B/E 03.300% 042725 DTD042715 FC102715 348,313 348,313
CITIGROUP INC NTS B/E 03.070% 022428 DTD021622 86,540 86,540
CLEVELAND-CLIFFS INC NTS 05.875% 060127 DTD120119 27,841 27,841
COLUMBIA/HCA HEALTHCARE 07.690% 061525 DTD063095 27,317 27,317
COMCAST CORP NTS B/E 05.100% 060129 DTD052224 333,505 333,505
CROWN CORK SEAL B/E 07.375% 121526 DTD121796 26,675 26,675
DANA HLDG CORP NTS B/E 05.375% 111527 DTD112019 32,527 32,527
DELTA AIR LINES INC NTS 7.375% 011526 DTD061220 5,107 5,107
DPL INC NTS B/E 04.125% 070125 DTD010121 29,568 29,568
ENCOMPASS HEALTH CORP 04.500% 020128 DTD091819 27,018 27,018
GENESIS ENERGY L P NTS 08.000% 011527 DTD121720 8,139 8,139
GENL MOTORS FINL CO INC 04.350% 011727 DTD011717 332,112 332,112
GOLDMAN SACHS GROUP INC 03.850% 012627 DTD012617 286,563 286,563
GOODYEAR TIRE & RUBBER 04.875% 031527 DTD030717 37,678 37,678
GOODYEAR TIRE & RUBBER 05.000% 053126 DTD051316 27,560 27,560
HCA INC NTS B/E 05.250% 061526 DTD031516 324,804 324,804
HILLENBR& INC NTS B/E 04.500% 091526 DTD092519 36,644 36,644
HILTON WORLDWIDE FIN LLC 04.875% 040127 DTD031617 9,863 9,863
HOSPITALITY PROPERTIES 05.250% 021526 DTD020316 18,451 18,451
ICAHN ENTERPRISES L P / 05.250% 051527 DTD121219 34,084 34,084
ICAHN ENTERPRISES L P / 06.250% 051526 DTD051019 16,842 16,842
JOHN DEERE CPTL CORP 04.500% 011629 DTD010824 114,991 114,991
JPMORGAN CHASE & CO NTS 01.470% 092227 DTD092221 104,066 104,066
JPMORGAN CHASE & CO NTS 03.625% 120127 DTD111616 328,381 328,381
L BRANDS INC NTS B/E 06.694% 011527 DTD061818 27,573 27,573
LAMAR MEDIA CORP NTS B/E 03.750% 021528 DTD071520 18,756 18,756
MORGAN STANLEY B/E 03.625% 012027 DTD012017 FC072017 335,813 335,813
NAVIENT CORP NTS B/E 06.750% 062525 DTD052617 28,029 28,029
OCCIDENTAL PETROLEUM COR 05.875% 090125 31,095 31,095
OCEANEERING INTL INC NTS 06.000% 020128 DTD020618 37,636 37,636
OLIN CORP B/E 05.125% 091527 DTD030917 26,425 26,425
ONEMAIN FINL CORP NTS 03.500% 011527 DTD062221 38,154 38,154
PACIFIC GAS & ELEC NTS 02.100% 080127 DTD061920 358,130 358,130
PACIFIC GAS & ELEC NTS 03.150% 010126 DTD070220 33,401 33,401
PAYPAL HOLDINGS INC NTS 02.850% 100129 DTD092619 349,205 349,205
PENSKE AUTO GROUP INC 03.500% 090125 DTD082020 41,469 41,469
PFIZER INVT ENTER NTS 04.450% 51928 257,691 257,691
PG & E CORP NTS B/E 05.000% 070128 DTD062320 33,216 33,216
PLAINS ALL AMER PIPELINE 04.650% 101525 DTD082415 341,497 341,497
QVC INC B/E 04.450% 021525 DTD082114 29,806 29,806
SEAGATE HDD CAYMAN B/E 04.750% 010125 30,000 30,000
SOUTHERN CAL EDISON NTS 05.850% 110127 DTD110822 197,422 197,422
SOUTHERN CALIF EDISON CO 03.700% 080125 DTD080218 343,519 343,519
STARWOOD PPTY TR INC NTS 04.750% 031525 DTD031518 15,992 15,992
TEGNA INC NTS B/E 04.625% 031528 DTD010920 13,230 13,230
TENET HEALTHCARE CORP 06.125% 100128 DTD091620 37,930 37,930
TENET HEALTHCARE CORP 06.250% 020127 DTD080122 17,986 17,986
TEVA PHARMACEUTICAL NE 03.150% 100126 33,632 33,632
THERMO FISHER SCIENTIFIC 05.000% 120526 DTD120523 127,197 127,197
T-MOBILE USA INC NTS B/E 04.850% 011529 DTD011224 67,607 67,607
TOLL BROS FIN CORP B/E 04.875% 111525 DTD103015 30,989 30,989
TOYOTA MOTOR CRDT CORP 04.550% 080929 DTD080924 347,836 347,836
TRANSDIGM INC NTS B/E 05.500% 111527 DTD051520 29,479 29,479
TRI POINTE GROUP INC NTS 5.250% 060127 DTD060817 38,302 38,302
TRUIST FINANCIAL CORP 04.873% 012629 DTD012623 324,367 324,367
US WEST COMMUNICATIONS 07.250% 091525 29,896 29,896
USA COM PART/USA COM FIN 06.875% 090127 30,099 30,099
WALT DISNEY COMPANY/THE 03.350% 032425 DTD032320 77,782 77,782
WELLS FARGO & CO B/E 03.000% 102326 DTD102516 343,231 343,231
WESTERN DIGITAL CORP NTS 04.750% 021526 DTD021318 11,884 11,884

TY 2024 InvestmentsCorpStockSchedule
Name:
THE FOURTEN FOUNDATION
 
C/O PKF O'CONNOR DAVIES ADVISORY LLC
EIN:
86-3735206
Name of Stock End of Year Book Value End of Year Fair Market Value
ABB LTD SPON ADR 1033 SHS 55,482 55,482
ACADEMY SPORTS & OUTDOORS INC 121 SHS 6,961 6,961
ACUITY BRANDS INC 194 SHS 56,673 56,673
ADIDAS AG SPON ADR 47 SHS 5,723 5,723
AECOM 498 SHS 53,196 53,196
AEGON LTD ADR 5000 SHS 29,450 29,450
AFFILIATED MANAGERS GROUP 97 SHS 17,937 17,937
AIA GROUP LTD SPON ADR 662 SHS 19,079 19,079
ALIBABA GROUP HLDG LTD SPON ADR 450 SHS 38,156 38,156
ALLEGION PLC 473 SHS 61,812 61,812
ALLISON TRANSMISSION HLDGS INC 429 SHS 46,358 46,358
ALLSTATE CORP 392 SHS 75,574 75,574
ALPHA METALLURGICAL RES INC 19 SHS 3,802 3,802
AMBEV SA SPON ADR 6720 SHS 12,432 12,432
AMERICAN WATER WORKS CO INC NEW 845 SHS 105,194 105,194
AMERIPRISE FINANCIAL INC 218 SHS 116,070 116,070
AMETEK INC (NEW) 338 SHS 60,928 60,928
AMPHASTAR PHARMACEUTICALS INC 236 SHS 8,763 8,763
APPLE HOSPITALITY REIT INC 1214 SHS 18,635 18,635
APPLIED INDL TECH INC 111 SHS 26,581 26,581
ARCH CAPITAL GROUP LTD (BERMUDA) 944 SHS 87,178 87,178
ARMSTRONG WORLD INDUSTRIES INC NEW 198 SHS 27,983 27,983
ASPEN TECHNOLOGY INC 303 SHS 75,638 75,638
ASSURANT INC 27 SHS 5,757 5,757
AUTONATION INC 32 SHS 5,435 5,435
AVANTOR INC 3963 SHS 83,500 83,500
AVIENT CORP 94 SHS 3,841 3,841
AVNET INC 92 SHS 4,813 4,813
AXALTA COATING SYS LTD 708 SHS 24,228 24,228
BAE SYSTEMS PLC SPON ADR 940 SHS 53,730 53,730
BANCFIRST CORP 57 SHS 6,679 6,679
BANCO BILBAO VIZCAYA ARGENTARIA S.A. SPON ADR 4319 SHS 41,981 41,981
BANCO MACRO S.A SPON ADS REPSTG CL B SPON ADR 890 SHS 86,116 86,116
BANGKOK BK PLC ADR 358 SHS 8,674 8,674
BANK OZK 125 SHS 5,566 5,566
BARCLAYS PLC ADR 3249 SHS 43,179 43,179
BARRICK GOLD CORP 578 SHS 8,959 8,959
BATH & BODY WKS INC 351 SHS 13,608 13,608
BELDEN INC NEW 172 SHS 19,369 19,369
BENTLEY SYSTEMS INC CL B 1860 SHS 86,862 86,862
BERKELEY GROUP HLDGS PLC ADR 926 SHS 9,232 9,232
BERKLEY W R CORP 1480 SHS 86,610 86,610
BERKSHIRE HILLS BANCORP 151 SHS 4,293 4,293
BJS WHSL CLUB HLDGS INC 1888 SHS 168,693 168,693
BLACKBAUD INC 164 SHS 12,123 12,123
BOOZ ALLEN HAMILTON HLDG CORP CL A 485 SHS 62,419 62,419
BORGWARNER INC 227 SHS 7,216 7,216
BOYD GAMING CORP 63 SHS 4,570 4,570
BRENNTAG SE UNSPON ADR 288 SHS 3,444 3,444
BRIGHT HORIZONS FAMILY SOLUTIONS INC 504 SHS 55,868 55,868
BRITISH AMER TOBACCO PLC GB SPON ADR 745 SHS 27,058 27,058
BRUKER CORP 80 SHS 4,689 4,689
BUILDERS FIRSTSOURCE INC 303 SHS 43,307 43,307
BYD CO LTD ADR 163 SHS 11,079 11,079
CACI INTL INC CL A 30 SHS 12,122 12,122
CADENCE BK 602 SHS 20,739 20,739
CAPITEC BK HLDGS LTD ADR 256 SHS 21,355 21,355
CARLISLE COS INC 119 SHS 43,892 43,892
CARTER'S INC 132 SHS 7,153 7,153
CENCORA INC 535 SHS 120,203 120,203
CHARLES RIVER LABORATORIES 307 SHS 56,672 56,672
CHECK POINT SOFTWARE TECH LTD ILS 189 SHS 35,286 35,286
CHEMED CORP NEW 107 SHS 56,689 56,689
CHINA MERCHANTS BK CO LTD UNSPONSORED ADR 966 SHS 24,393 24,393
CHOICE HOTELS INTL INC NEW 485 SHS 68,860 68,860
CHORD ENERGY CORP 100 SHS 11,692 11,692
CIRRUS LOGIC INC 272 SHS 27,085 27,085
CLEAN HARBORS INC 29 SHS 6,674 6,674
COLLEGIUM PHARMACEUTICAL INC 273 SHS 7,821 7,821
COMFORT SYSTEMS USA INC 113 SHS 47,918 47,918
COMMERCIAL METALS CO 626 SHS 31,049 31,049
COMMVAULT SYSTEMS INC 90 SHS 13,581 13,581
COMPAGNIE FINANCIERE RICHEMONT AG ADR 1581 SHS 23,999 23,999
COMPANIA CERVECERIAS UNIDAS S A CHILE SPON ADR 934 SHS 10,582 10,582
COMPASS GROUP PLC SPON ADR 994 SHS 33,388 33,388
CONCENTRIX CORP 33 SHS 1,428 1,428
CORTEVA INC 796 SHS 45,340 45,340
COSAN S A SPON ADR 853 SHS 4,640 4,640
CRANE CO 51 SHS 7,739 7,739
CRANE NXT CO 115 SHS 6,695 6,695
CROCS INC 225 SHS 24,644 24,644
CSG SYSTEMS INTL INC 198 SHS 10,120 10,120
CURTISS WRIGHT CORP 314 SHS 111,429 111,429
DANONE SPON ADR 1763 SHS 23,605 23,605
DARDEN RESTAURANTS INC 353 SHS 65,902 65,902
DECKERS OUTDOOR CORP 21 SHS 4,265 4,265
DEXCOM INC 727 SHS 56,539 56,539
DIAGEO PLC NEW GB SPON ADR 45 SHS 5,721 5,721
DIAMONDBACK ENERGY INC 485 SHS 79,458 79,458
DIODES INC 22 SHS 1,357 1,357
DISCOVER FINANCIAL SERVICES 588 SHS 101,859 101,859
DONALDSON CO INC 257 SHS 17,309 17,309
DONNELLEY FINL SOLUTIONS INC 83 SHS 5,207 5,207
DORMAN PRODUCTS INC 61 SHS 7,903 7,903
EAGLE MATERIALS INC 137 SHS 33,806 33,806
EAST WEST BANCORP INC 558 SHS 53,434 53,434
EDGEWELL PERS CARE CO 367 SHS 12,331 12,331
EMBRAER S A SPON ADR 1779 SHS 65,254 65,254
EMCOR GROUP INC 118 SHS 53,560 53,560
ENCOMPASS HEALTH CORP 240 SHS 22,164 22,164
ENTEGRIS INC 624 SHS 61,813 61,813
EPAM SYSTEMS INC 286 SHS 66,873 66,873
EQUIFAX INC 302 SHS 76,965 76,965
EQUITY RESIDENTIAL SBI 1252 SHS 89,844 89,844
ERICSSON SEK 10 NEW 2002 ADR 4993 SHS 40,244 40,244
EVERCORE INC CL A 123 SHS 34,094 34,094
EVERTEC INC 247 SHS 8,529 8,529
EXELIXIS INC 1252 SHS 41,692 41,692
EXLSERVICE HOLDINGS INC 408 SHS 18,107 18,107
EXPONENT INC 525 SHS 46,778 46,778
FAIR ISAAC CORP 20 SHS 39,819 39,819
FANUC CORP ADR 1484 SHS 19,351 19,351
FEDERATED HERMES INC CL B 383 SHS 15,745 15,745
FIRST COMWLTH FINCL CORP PENN 363 SHS 6,142 6,142
FIRST FINCL BANCORP OHIO MONROE 320 SHS 8,602 8,602
FIRST FINCL BANKSHARES INC 202 SHS 7,282 7,282
FLOWERS FOODS INC 424 SHS 8,760 8,760
FNB CORP PA 697 SHS 10,302 10,302
FOMENTO ECONOMICO MEXICANO S.A.B. DE CV SPON ADR 233 SHS 19,919 19,919
FORTINET INC 718 SHS 67,837 67,837
FRONTDOOR INC 247 SHS 13,503 13,503
FTI CONSULTING INC 37 SHS 7,072 7,072
FUCHS SE ADR 784 SHS 8,416 8,416
FULTON FINCL CORP PA 764 SHS 14,730 14,730
FUTU HOLDINGS LTD SPON ADR 304 SHS 24,317 24,317
GLOBANT S A 103 SHS 22,085 22,085
GRAPHIC PACKAGING HOLDING CO 555 SHS 15,074 15,074
GRUPO FINANCIERO BANORTE SPON ADR 337 SHS 10,818 10,818
GRUPO FINANCIERO GALICIA ADR 1490 SHS 92,857 92,857
H & R BLOCK INC834 SHS 44,069 44,069
HALEON PLC SPON ADR 1588 SHS 15,150 15,150
HANCOCK WHITNEY CORP 328 SHS 17,948 17,948
HANOVER INSURANCE GROUP INC (THE) 107 SHS 16,549 16,549
HARMONY GOLD MINING CO LTD SPON ADR 4557 SHS 37,413 37,413
HAWKINS INC 65 SHS 7,974 7,974
HDFC BANK LTD ADR REPSTG 3 ORD SHS 798 SHS 50,960 50,960
HEINEKEN NV SPON ADR 181 SHS 6,404 6,404
HELEN OF TROY LTD NEW (BERMUDA) ORD 46 SHS 2,752 2,752
HENKEL AG & CO KGAA SPON ADR649 SHS 12,435 12,435
HENRY JACK & ASSOC INC397 SHS 69,594 69,594
HESS CORP 344 SHS 45,755 45,755
HF SINCLAIR CORP 443 SHS 15,527 15,527
HONGKONG LAND HLDGS LTD ADR 581 SHS 12,618 12,618
HOULIHAN LOKEY INC 880 SHS 152,821 152,821
HOWMET AEROSPACE INC 775 SHS 84,762 84,762
HUB GROUP INC CL A 160 SHS 7,130 7,130
ICICI BANK LTD SPON ADR 1391 SHS 41,535 41,535
IDEXX LABS 91 SHS 37,623 37,623
IMPERIAL OIL LTD NEW CANADA CAD 563 SHS 34,681 34,681
INFOSYS LTD SPON ADR 1782 SHS 39,061 39,061
ING GROEP N V NL SPON ADR 2106 SHS 33,001 33,001
INGERSOLL RAND INC 660 SHS 59,704 59,704
INSTALLED BLDG PRODUCTS 118 SHS 20,680 20,680
INTEGER HLDGS CORP COM 170 SHS 22,528 22,528
INTERACTIVE BROKERS GROUP INC CL A 608 SHS 107,415 107,415
INTERDIGITAL INC (PA) 108 SHS 20,922 20,922
INTERNATIONAL SEAWAYS INC 142 SHS 5,103 5,103
INTL FLAVORS&FRGRNCS 914 SHS 77,279 77,279
ITAU UNIBANCO HLDG SA ADR 1264 SHS 6,269 6,269
ITT INC COM 387 SHS 55,295 55,295
JABIL INC 39 SHS 5,612 5,612
JARDINE MATHESON HD-UNSP ADR 342 SHS 14,010 14,010
JAZZ PHARMACEUTICALS PLC 157 SHS 19,335 19,335
JD COM INC CL A SPON ADR 398 SHS 13,799 13,799
KFORCE INC 61 SHS 3,459 3,459
KOMATSU LTD SPON ADR NEW 442 SHS 12,075 12,075
KONTOOR BRANDS INC 201 SHS 17,167 17,167
KT CORP SPON ADR 2324 SHS 36,068 36,068
LAKELAND FINCL CORP 82 SHS 5,638 5,638
LANDSTAR SYSTEMS INC 82 SHS 14,093 14,093
LA-Z-BOY INC 198 SHS 8,627 8,627
LEGRAND S A UNSPONSORED ADR 389 SHS 7,512 7,512
LENNOX INTL INC 201 SHS 122,469 122,469
LLOYDS BANKING GROUP PLC SPON ADR 4407 SHS 11,987 11,987
LPL FINL HLDGS INC COM 318 SHS 103,830 103,830
LVMH MOET HENNESSY LOUIS ADR 50 SHS 6,535 6,535
MAKEMYTRIP LIMITED, MAURITIU SHS 83 SHS 9,319 9,319
MANHATTAN ASSOC INC 241 SHS 65,128 65,128
MARTIN MARIETTA MATERIALS INC 149 SHS 76,959 76,959
MASIMO CORP 680 SHS 112,404 112,404
MASTERBRAND INC 732 SHS 10,695 10,695
MATCH GROUP INC 909 SHS 29,733 29,733
MATTEL INC 404 SHS 7,163 7,163
MEDPACE HOLDINGS INC 19 SHS 6,312 6,312
MEITUAN ADR 730 SHS 28,331 28,331
MERCADOLIBRE INC 22 SHS 37,410 37,410
MERCK KGAA SPON ADR 126 SHS 3,607 3,607
MERIT MEDICAL SYSTEM INC 200 SHS 19,344 19,344
MINTH GROUP LTD UN SPON ADR 204 SHS 7,566 7,566
MITSUBISHI ELEC CORP ADR JAPAN ADR 630 SHS 21,349 21,349
MITSUBISHI UFJ FINANCIAL GROUP INC SPON ADR 4820 SHS 56,490 56,490
MOLINA HEALTHCARE INC 178 SHS 51,807 51,807
MONARCH CASINO & RESORT INC38 SHS 2,998 2,998
MS&AD INS GROUP HLDGS ADR1046 SHS 22,771 22,771
MUELLER INDS INC 307 SHS 24,364 24,364
MUELLER WATER PRODUCTS INC SER A 569 SHS 12,803 12,803
MURPHY USA INC 75 SHS 37,631 37,631
NBT BANCORP INC 96 SHS 4,585 4,585
NESTLE S A SPONSORED ADR REPSTG REG SHS SWITZ ADR 177 SHS 14,461 14,461
NEWMONT CORP 299 SHS 11,129 11,129
NEXSTAR MEDIA GROUP INC 106 SHS 16,745 16,745
NIHON KOHDEN CORP UNSPONSORED ADR 624 SHS 8,954 8,954
NORDSON CORP 327 SHS 68,421 68,421
NOVARTIS AG SPON ADR 309 SHS 30,069 30,069
NUTRIEN LTD CAD 199 SHS 8,905 8,905
OLLIE'S BARGAIN OUTLET HOLDI 484 SHS 53,109 53,109
ON SEMICONDUCTOR CORP 804 SHS 50,692 50,692
OPTION CARE HEALTH INC 564 SHS 13,085 13,085
ORKLA ASA A SHS SPON ADR 1383 SHS 11,977 11,977
OTTER TAIL CORP 38 SHS 2,806 2,806
PAMPA ENERGIA SA ADR ARS 840 SHS 73,870 73,870
PARSONS CORP 185 SHS 17,066 17,066
PERDOCEO ED CORP COM 89 SHS 2,356 2,356
PERNOD RICARD SA SPON ADR 197 SHS 4,429 4,429
PHILIP MORRIS INTL INC 127 SHS 15,284 15,284
PING AN INSURANCE (GROUP) CO OF CHINA LTD REPSTG 20 H SHS SPON 1761 SHS 20,498 20,498
PKO BANK POLSKI SA ADR 716 SHS 10,131 10,131
PLEXUS CORP 23 SHS 3,599 3,599
POOL CORP 241 SHS 82,167 82,167
POWER CORP CANADA LTD CANADA ORD CAD 448 SHS 13,978 13,978
PRIMERICA INC 41 SHS 11,128 11,128
PRIMORIS SERVICES CORP 145 SHS 11,078 11,078
PROGRESS SOFTWARE CORP 210 SHS 13,682 13,682
PROSUS N V SPON ADR 7670 SHS 60,900 60,900
PT BANK NEGERA INDONE ADR 669 SHS 8,764 8,764
PT BK RAKYAT ADR 1323 SHS 16,405 16,405
QIFU TECHNOLOGY INC ADR 1588 SHS 60,947 60,947
RALPH LAUREN CORP CL A 50 SHS 11,549 11,549
RECKITT BENCKISER PLC SPON ADR 1774 SHS 21,323 21,323
RELX PLC SPON ADR 953 SHS 43,285 43,285
ROLLINS INC 1494 SHS 69,247 69,247
RPM INTL INC (DELA) 405 SHS 49,839 49,839
RYDER SYSTEM INC 124 SHS 19,451 19,451
SAIA INC 131 SHS 59,701 59,701
SANMINA CORPORATION COM 79 SHS 5,978 5,978
SANOFI SPON ADR 265 SHS 12,781 12,781
SAP SE SPON ADR 206 SHS 50,719 50,719
SCIENCE APPLICATIONS INTE 192 SHS 21,462 21,462
SCOTTS MIRACLE-GRO CO CL A 619 SHS 41,064 41,064
SEA LTD ADR 390 SHS 41,379 41,379
SECOM LTD ADR JAPAN ADR 2504 SHS 20,984 20,984
SERVICE CORP INTL 1220 SHS 97,380 97,380
SGS SA ADR UNSPONSORED 636 SHS 6,309 6,309
SHELL PLC SPON ADR 437 SHS 27,378 27,378
SHIMANO INC UNSPONSORED ADR 1081 SHS 14,464 14,464
SIEMENS A G SPON ADR 364 SHS 35,192 35,192
SIGNET JEWELERS LTD 51 SHS 4,116 4,116
SIMPLY GOOD FOODS CO 665 SHS 25,922 25,922
SITEONE LANDSCAPE SUPPLY INC 364 SHS 47,964 47,964
SKECHERS USA INC CL A 56 SHS 3,765 3,765
SMC CORP SPON ADR 621 SHS 12,035 12,035
SODEXO AMERN DEPO SHS SPON ADR 350 SHS 5,761 5,761
SOMPO HOLDINGS INC UNSPON ADR 1290 SHS 17,054 17,054
SONOCO PRODUCTS CO 370 SHS 18,075 18,075
STANDEX INTL CORP 41 SHS 7,667 7,667
STERLING INFRASTRUCTURE INC 246 SHS 41,439 41,439
STEWART INFORMATION SVCS CORP 94 SHS 6,344 6,344
STIFEL FINANCIAL CORP 232 SHS 24,611 24,611
STRIDE INC 132 SHS 13,719 13,719
SUMITOMO MITSUI FINANCIAL SPON ADR 2764 SHS 40,050 40,050
SUZUKI MOTOR CORP LTD ADR 180 SHS 8,105 8,105
SVENSKA HANDELBANKEN AB ADR 1045 SHS 5,340 5,340
TAIWAN SEMICONDUCTOR MFG CO LTD ADR 1186 SHS 234,223 234,223
TAKE-TWO INTERACTIVE SOFTWRE 395 SHS 72,712 72,712
TAYLOR MORRISON HOME CORP CL A 473 SHS 28,952 28,952
TEEKAY TANKERS LTD CL A 253 SHS 10,067 10,067
TELEDYNE TECHNOLOGIES INC 132 SHS 61,265 61,265
TENCENT HLDGS LTD ADR 2409 SHS 128,111 128,111
TENNANT CO 104 SHS 8,479 8,479
TERADYNE INC 801 SHS 100,862 100,862
TEVA PHARMACEUTICALS IND LTD ISRAEL ADR 1999 SHS 44,058 44,058
THE COOPER COMPANIES INC 932 SHS 85,679 85,679
THOR INDUSTRIES INC 664 SHS 63,551 63,551
TOLL BROTHERS INC 445 SHS 56,048 56,048
TOPBUILD CORP 20 SHS 6,227 6,227
TRADEWEB MARKETS INC CL A 1063 SHS 139,168 139,168
TRINET GROUP INC 92 SHS 8,351 8,351
TRIP COM GROUP LTD SPON ADR 695 SHS 47,719 47,719
TYLER TECHNOLOGIES INC 214 SHS 123,401 123,401
UBS GROUP AG 1690 SHS 51,241 51,241
UNIFIRST CORP MASS 55 SHS 9,410 9,410
UNILEVER PLC AMER SHS NEW SPON ADR 434 SHS 24,608 24,608
UNITED THERAPEUTICS CORP 93 SHS 32,814 32,814
UNIVERSAL DISPLAY CORP 338 SHS 49,416 49,416
UOL GROUP LTD SPON ADR 430 SHS 6,880 6,880
UP FINTECH HLDG LTD CL A SPON ADR 6357 SHS 41,066 41,066
UPBOUND GROUP INC 122 SHS 3,559 3,559
VERONA PHARMA PLC SPON ADR 1300 SHS 60,372 60,372
VICTORY CAPITAL HOLDINGS INC CL A 227 SHS 14,859 14,859
VISTRA CORP 457 SHS 63,007 63,007
VONTIER CORP COM 574 SHS 20,934 20,934
WAL MART DE MEXICO SAB DE CV CL V SPON ADR 377 SHS 9,953 9,953
WATSCO INC 181 SHS 85,774 85,774
WEATHERFORD INTL PLC 221 SHS 15,830 15,830
WEG SA BRAZIL SPON ADR 2487 SHS 23,129 23,129
WHEATON PRECIOUS METALS CORP 260 SHS 14,622 14,622
WILLIS TOWERS WATSON PUB LTD CO 70 SHS 21,927 21,927
WINTRUST FINANCIAL CORP 199 SHS 24,817 24,817
YPF SOCIEDAD ANONIMA SPONS ADR DEP SHS REP 1 CL D ARGENTINA ADR 1961 SHS 83,362 83,362
YUM! BRANDS INC 715 SHS 95,924 95,924
ZEBRA TECHNOLOGIES CORP CL A 228 SHS 88,058 88,058
ZIFF DAVIS INC 195 SHS 10,596 10,596
ZIONS BANCORP NA 218 SHS 11,827 11,827
ZSCALER INC 438 SHS 79,020 79,020
ZURN ELKAY WATER SOLUTION CORP 2032 SHS 75,794 75,794

TY 2024 InvestmentsOtherSchedule2
Name:
THE FOURTEN FOUNDATION
 
C/O PKF O'CONNOR DAVIES ADVISORY LLC
EIN:
86-3735206
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ISHARES CORE MSCI EAFE ETF 29509 SHS FMV 2,073,893 2,073,893
ISHARES CORE S&P SMALL-CAP ETF 11739 SHS FMV 1,352,568 1,352,568
MARTIN CURRIE SMA-SHARES SERIES EM FUND CLASS NL 50194.11 SHS FMV 438,195 438,195
VANGUARD FTSE EMERGING MARKETS ETF 29497 SHS FMV 1,299,048 1,299,048
VANGUARD S&P 500 ETF 38,116 SHS FMV 20,537,282 20,537,282
SPDR BLOOMBERG 1-3 MONTH FMV 8,869 8,869
SPDR GOLD SHARES ETF FMV 88,135 88,135

TY 2024 LegalFeesSchedule
Name:
THE FOURTEN FOUNDATION
 
C/O PKF O'CONNOR DAVIES ADVISORY LLC
EIN:
86-3735206
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL SERVICES 21,985 0   21,985


TY 2024 OtherExpensesSchedule
Name:
THE FOURTEN FOUNDATION
 
C/O PKF O'CONNOR DAVIES ADVISORY LLC
EIN:
86-3735206
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADR FEES 3,543 3,543   0


TY 2024 OtherIncreasesSchedule
Name:
THE FOURTEN FOUNDATION
 
C/O PKF O'CONNOR DAVIES ADVISORY LLC
EIN:
86-3735206
Description Amount
UNREALIZED GAIN ON INVESTMENTS 4,970,911


TY 2024 OtherProfessionalFeesSchedule
Name:
THE FOURTEN FOUNDATION
 
C/O PKF O'CONNOR DAVIES ADVISORY LLC
EIN:
86-3735206
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
UBS INVESTMENT MANAGEMENT FEES 246,789 246,789   0


TY 2024 TaxesSchedule
Name:
THE FOURTEN FOUNDATION
 
C/O PKF O'CONNOR DAVIES ADVISORY LLC
EIN:
86-3735206
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 9,310 9,310   0