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 GRAHAM FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 548
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FARMINGTON, CT06034
A Employer identification number

06-1337821
B Telephone number (see instructions)

(860) 324-4366
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$435,736J 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 54 54 54
4 Dividends and interest from securities... 15,869 15,869 15,869
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 23,905
b Gross sales price for all assets on line 6a 345,146
7 Capital gain net income (from Part IV, line 2)... 23,905
8 Net short-term capital gain......... 6,262
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........ 39,828 39,828 22,185
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
1,650 1,650 1,650  
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
648 156 156  
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
2,639 2,639 2,639  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,937 4,445 4,445 0
25 Contributions, gifts, grants paid....... 20,000 20,000
26 Total expenses and disbursements. Add lines 24 and 25 24,937 4,445 4,445 20,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 14,891
b Net investment income (if negative, enter -0-) 35,383
c Adjusted net income (if negative, enter -0-)... 17,740
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......... 10,131 8,817 8,817
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)....... 384,052 Click to see attachment
List of Attached Documents:
// Content
426,919 		426,919
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)..........      
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) 394,183 435,736 435,736
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
539 		Click to see attachment
List of Attached Documents:
// Content
850
23 Total liabilities (add lines 17 through 22)......... 539 850
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........... 393,644 434,886
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)..... 393,644 434,886
30 Total liabilities and net assets/fund balances (see instructions). 394,183 435,736
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
393,644
2
Enter amount from Part I, line 27a .....................
2
14,891
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
26,351
4
Add lines 1, 2, and 3 ..........................
4
434,886
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
434,886
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 SANOFI SPON ADR SNY P 2023-05-12 2024-01-04
b ABBVIE, INC. P 2017-02-21 2024-04-08
c AMGEN INC P 2023-04-14 2024-06-07
d AMCOR PLC ORD P 2022-04-26 2024-11-01
e BCE INC. NEW P 2015-01-06 2024-11-01
CHEVRON CORP P 2023-07-11 2024-11-01
ENBRIDGE INC. P 2020-02-27 2024-11-01
KIMBERLY CLARK CORP P 2023-09-05 2024-11-01
PFIZER INC P 2022-03-15 2024-11-01
SANOFI SPON ADR SNY P 2023-05-12 2024-11-01
TC ENERGY CORP P 2020-09-21 2024-11-01
VERIZON COMMUNICATIONS P 2014-06-20 2024-11-01
MADISON COVERED CALL & EQUITY INCOME P 2022-10-10 2024-01-04
CALAMOS PHINEUS LONG SHORT CL I P 2022-12-22 2024-07-30
AMGEN INC P 2020-03-27 2024-01-10
ABBVIE, INC. P 2024-02-05 2024-04-08
KIMBERLY CLARK CORP P 2020-11-18 2024-06-07
AMCOR PLC ORD P 2023-02-24 2024-11-01
BCE INC. NEW P 2015-01-06 2024-11-01
CHEVRON CORP P 2023-07-20 2024-11-01
ENBRIDGE INC. P 2021-02-04 2024-11-01
LYONDELLBASELL INDUSTRIES NV ORD P 2022-11-04 2024-11-01
PFIZER INC P 2023-02-06 2024-11-01
SANOFI SPON ADR SNY P 2024-03-25 2024-11-01
TC ENERGY CORP P 2023-02-24 2024-11-01
VERIZON COMMUNICATIONS P 2020-02-24 2024-11-01
MADISON COVERED CALL & EQUITY INCOME P 2022-12-23 2024-01-04
CALAMOS PHINEUS LONG SHORT CL I P 2023-12-22 2024-07-30
AMGEN INC P 2021-10-04 2024-01-10
TOTALENERGIES SE SPON P 2022-02-10 2024-04-18
KIMBERLY CLARK CORP P 2022-04-26 2024-06-07
AMGEN INC P 2020-03-20 2024-11-01
BCE INC. NEW P 2015-03-11 2024-11-01
CHEVRON CORP P 2024-04-18 2024-11-01
ENTERGY CORP NEW ETR P 2023-02-06 2024-11-01
LYONDELLBASELL INDUSTRIES NV ORD P 2022-11-25 2024-11-01
PHILIP MORRIS INTL INC. P 2014-06-20 2024-11-01
SANOFI SPON ADR SNY P 2024-04-26 2024-11-01
TOTALENERGIES SE SPON P 2021-12-15 2024-11-01
VERIZON COMMUNICATIONS P 2022-04-26 2024-11-01
MADISON COVERED CALL & EQUITY INCOME P 2023-01-09 2024-01-04
CALAMOS PHINEUS LONG SHORT CL I P 2024-01-02 2024-07-30
CROWN CASTLE INC P 2020-09-23 2024-01-18
TOTALENERGIES SE SPON P 2022-05-26 2024-04-18
SOUTHERN COMPANY P 2020-04-24 2024-06-07
AMGEN INC P 2020-03-27 2024-11-01
BCE INC. NEW P 2016-05-18 2024-11-01
CONAGRA BRANDS INC P 2021-12-17 2024-11-01
ENTERGY CORP NEW ETR P 2023-02-16 2024-11-01
LYONDELLBASELL INDUSTRIES NV ORD P 2023-01-13 2024-11-01
PHILIP MORRIS INTL INC. P 2016-11-16 2024-11-01
SOUTH BOW CORP P 2019-08-28 2024-10-01
TOTALENERGIES SE SPON P 2022-01-19 2024-11-01
VERIZON COMMUNICATIONS P 2022-05-25 2024-11-01
LORD ABBETT GROWTH LEADS CL I P 2023-06-02 2024-05-15
MADISON COVERED CALL & EQUITY INCOME P 2023-01-09 2024-07-30
CROWN CASTLE INC P 2021-01-19 2024-01-18
TOTALENERGIES SE SPON P 2022-01-19 2024-04-26
SOUTHERN COMPANY P 2020-05-08 2024-06-07
AMGEN INC P 2023-04-14 2024-11-01
BROADCOM INC P 2014-11-01 2024-11-14
CONAGRA BRANDS INC P 2022-01-19 2024-11-01
ENTERGY CORP NEW ETR P 2023-07-20 2024-11-01
LYONDELLBASELL INDUSTRIES NV ORD P 2023-03-30 2024-11-01
PHILIP MORRIS INTL INC. P 2018-08-16 2024-11-01
SOUTH BOW CORP P 2019-08-28 2024-11-01
TOTALENERGIES SE SPON P 2022-04-05 2024-11-01
WEC ENERGY GROUP INC P 2024-07-26 2024-11-01
LORD ABBETT CORE FIXED INCOME CL I P 2023-12-07 2024-06-17
MADISON COVERED CALL & EQUITY INCOME P 2023-04-03 2024-07-30
MEDTRONIC PLC P 2022-11-04 2024-01-26
TOTALENERGIES SE SPON P 2022-05-26 2024-04-26
DOMINION ENERGY INC. P 2014-06-20 2024-07-26
AMGEN INC P 2023-05-08 2024-11-01
BRISTOL MYERS SQUIBB CO P 2024-01-18 2024-11-01
CONAGRA BRANDS INC P 2024-06-07 2024-11-01
GILEAD SCIENCES INC P 2020-10-26 2024-11-01
LYONDELLBASELL INDUSTRIES NV ORD P 2023-04-14 2024-11-01
PHILIP MORRIS INTL INC. P 2020-02-27 2024-11-01
SOUTH BOW CORP P 2019-12-31 2024-11-01
TRUIST FINANCIAL CORP P 2021-01-19 2024-11-01
WILLIAMS COS INC P 2021-05-12 2024-11-01
LORD ABBETT CORE FIXED INCOME CL I P 2023-12-29 2024-06-17
MADISON COVERED CALL & EQUITY INCOME P 2023-07-03 2024-07-30
MEDTRONIC PLC P 2022-11-25 2024-01-26
UNILEVER PLC P 2022-06-14 2024-04-18
DOMINION ENERGY INC. P 2021-08-30 2024-07-26
AMGEN INC P 2024-04-26 2024-11-01
BRISTOL MYERS SQUIBB CO P 2024-03-08 2024-11-01
DIAGEO PLC NEW SPON ADR P 2024-07-26 2024-11-01
GILEAD SCIENCES INC P 2022-04-05 2024-11-01
MORGAN STANLEY P 2024-07-26 2024-11-01
PNC FINANCIAL SERVICES GROUP P 2022-04-11 2024-11-01
SOUTH BOW CORP P 2020-08-18 2024-11-01
TRUIST FINANCIAL CORP P 2021-02-04 2024-11-01
WILLIAMS COS INC P 2021-06-08 2024-11-01
LORD ABBETT CORE FIXED INCOME CL I P 2024-01-02 2024-06-17
MADISON COVERED CALL & EQUITY INCOME P 2023-10-02 2024-07-30
BRITISH AMERN TOBACCO PLC P 2021-11-11 2024-02-01
PAYCHEX INC P 2023-07-11 2024-04-26
DOMINION ENERGY INC. P 2022-05-26 2024-07-26
AT&T INC. P 2015-03-11 2024-11-01
BRISTOL MYERS SQUIBB CO P 2024-06-07 2024-11-01
DOMINION ENERGY INC. P 2014-06-20 2024-11-01
GILEAD SCIENCES INC P 2024-03-08 2024-11-01
NATIONAL GRID PLC P 2014-06-20 2024-11-01
PNC FINANCIAL SERVICES GROUP P 2022-04-27 2024-11-01
SOUTH BOW CORP P 2020-09-21 2024-11-01
TRUIST FINANCIAL CORP P 2021-08-11 2024-11-01
WILLIAMS COS INC P 2022-01-19 2024-11-01
LORD ABBETT CORE FIXED INCOME CL I P 2024-01-04 2024-06-17
MADISON COVERED CALL & EQUITY INCOME P 2023-12-22 2024-07-30
ABBVIE, INC. P 2016-07-12 2024-03-08
PAYCHEX INC P 2023-07-14 2024-04-26
KIMBERLY CLARK CORP P 2021-11-11 2024-07-26
AT&T INC. P 2017-10-30 2024-11-01
BRITISH AMERN TOBACCO PLC P 2020-03-20 2024-11-01
DOMINION ENERGY INC. P 2014-06-20 2024-11-01
GILEAD SCIENCES INC P 2024-05-24 2024-11-01
NATIONAL GRID PLC P 2015-03-11 2024-11-01
PNC FINANCIAL SERVICES GROUP P 2022-05-25 2024-11-01
SOUTH BOW CORP P 2023-02-24 2024-11-01
TRUIST FINANCIAL CORP P 2022-06-14 2024-11-01
XCEL ENERGY INC P 2023-09-12 2024-11-01
LORD ABBETT CORE FIXED INCOME CL I P 2024-02-01 2024-06-17
MADISON COVERED CALL & EQUITY INCOME P 2024-04-01 2024-07-30
ABBVIE, INC. P 2017-02-21 2024-03-08
WILLIAMS COS INC P 2022-01-19 2024-04-30
KIMBERLY CLARK CORP P 2022-04-26 2024-07-26
AT&T INC. P 2022-04-22 2024-11-01
BRITISH AMERN TOBACCO PLC P 2020-08-24 2024-11-01
DOMINION ENERGY INC. P 2023-06-16 2024-11-01
HUNTINGTON BANCSHRES INC P 2018-11-19 2024-11-01
NATIONAL GRID PLC P 2015-06-24 2024-11-01
PPL CORP P 2014-06-20 2024-11-01
SOUTHERN COMPANY P 2014-06-20 2024-11-01
US BANCORP P 2021-03-08 2024-11-01
XCEL ENERGY INC P 2023-10-18 2024-11-01
LORD ABBETT CORE FIXED INCOME CL I P 2024-03-01 2024-06-17
MADISON COVERED CALL & EQUITY INCOME P 2024-07-01 2024-07-30
MEDTRONIC PLC P 2022-11-25 2024-03-08
CROWN CASTLE INC P 2021-03-08 2024-05-06
WILLIAMS COS INC P 2022-01-19 2024-07-26
BCE INC. NEW P 2014-06-20 2024-11-01
BRITISH AMERN TOBACCO PLC P 2021-11-11 2024-11-01
DUKE ENERGY CORP NEW P 2014-06-20 2024-11-01
HUNTINGTON BANCSHRES INC P 2019-02-22 2024-11-01
NATIONAL GRID PLC P 2023-11-20 2024-11-01
PPL CORP P 2015-03-11 2024-11-01
SOUTHERN COMPANY P 2014-06-20 2024-11-01
US BANCORP P 2021-03-30 2024-11-01
XCEL ENERGY INC P 2024-04-26 2024-11-01
LORD ABBETT CORE FIXED INCOME CL I P 2024-04-01 2024-06-17
MEDTRONIC PLC P 2023-09-05 2024-03-08
CROWN CASTLE INC P 2022-12-07 2024-05-06
ABBVIE, INC. P 2017-02-21 2024-08-05
BCE INC. NEW P 2014-06-20 2024-11-01
CANADIAN IMPERIAL BANK P 2017-07-14 2024-11-01
DUKE ENERGY CORP NEW P 2022-11-17 2024-11-01
HUNTINGTON BANCSHRES INC P 2019-09-10 2024-11-01
NIKE INC. CL B P 2024-11-01 2024-11-14
REALTY INCOME CORP P 2021-06-29 2024-11-01
SOUTHERN COMPANY P 2020-05-08 2024-11-01
US BANCORP P 2021-09-23 2024-11-01
XCEL ENERGY INC P 2024-06-07 2024-11-01
LORD ABBETT CORE FIXED INCOME CL I P 2024-05-01 2024-06-17
CROWN CASTLE INC P 2020-09-23 2024-03-12
CROWN CASTLE INC P 2022-12-07 2024-05-07
AMERICAN ELECTRIC POWER CO INC. P 2021-06-29 2024-11-01
BCE INC. NEW P 2014-06-20 2024-11-01
CANADIAN IMPERIAL BANK P 2019-09-16 2024-11-01
ENBRIDGE INC. P 2019-04-25 2024-11-01
KENVUE INC. P 2023-10-18 2024-11-01
PAYCHEX INC P 2024-07-26 2024-11-01
REALTY INCOME CORP P 2021-12-31 2024-11-01
TC ENERGY CORP P 2019-08-28 2024-11-01
US BANCORP P 2022-12-07 2024-11-01
EMERSON ELECTRIC CO P 2024-11-01 2024-12-18
LORD ABBETT CORE FIXED INCOME CL I P 2024-06-03 2024-06-17
CROWN CASTLE INC P 2021-03-08 2024-03-12
AT&T INC. P 2014-06-20 2024-06-07
AMERICAN ELECTRIC POWER CO INC. P 2023-02-01 2024-11-01
BCE INC. NEW P 2014-07-16 2024-11-01
CANADIAN IMPERIAL BANK P 2023-06-16 2024-11-01
ENBRIDGE INC. P 2019-06-28 2024-11-01
KENVUE INC. P 2023-12-15 2024-11-01
PFIZER INC P 2019-10-04 2024-11-01
REALTY INCOME CORP P 2024-04-18 2024-11-01
TC ENERGY CORP P 2019-12-31 2024-11-01
UNITED PARCEL SERVICE P 2022-07-01 2024-11-01
CALAMOS PHINEUS LONG SHORT CL I P 2022-02-28 2024-01-04
CALAMOS PHINEUS LONG SHORT CL I P 2022-02-28 2024-07-30
TOTALENERGIES SE SPON P 2022-02-10 2024-03-25
AT&T INC. P 2017-10-30 2024-06-07
AMERICAN ELECTRIC POWER CO INC. P 2023-05-08 2024-11-01
BCE INC. NEW P 2014-11-03 2024-11-01
CHEVRON CORP P 2023-06-16 2024-11-01
ENBRIDGE INC. P 2019-07-18 2024-11-01
KIMBERLY CLARK CORP P 2021-11-11 2024-11-01
PFIZER INC P 2019-12-12 2024-11-01
SANOFI SPON ADR SNY P 2023-01-13 2024-11-01
TC ENERGY CORP P 2020-08-18 2024-11-01
UNITED PARCEL SERVICE P 2023-03-08 2024-11-01
MADISON COVERED CALL & EQUITY INCOME P 2022-10-10 2024-01-04
CALAMOS PHINEUS LONG SHORT CL I P 2022-07-25 2024-07-30
(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 918   980 -62
b 170   62 108
c 919   750 169
d 1,951   2,233 -282
e 803   1,135 -332
1,072   1,105 -33
1,579   1,484 95
1,078   1,016 62
113   209 -96
748   762 -14
888   768 120
2,043   2,420 -377
10,188   9,418 770
11   10 1
306   202 104
850   860 -10
1,760   1,859 -99
1,154   1,273 -119
578   817 -239
919   938 -19
1,538   1,334 204
1,041   996 45
1,105   1,710 -605
1,604   1,484 120
1,730   1,385 345
167   233 -66
802   780 22
620   572 48
611   424 187
429   356 73
271   281 -10
1,281   753 528
96   126 -30
1,379   1,413 -34
1,355   968 387
1,127   1,131 -4
1,715   1,190 525
1,764   1,632 132
2,584   2,045 539
1,376   1,639 -263
3,239   3,246 -7
37   34 3
968   1,357 -389
428   355 73
469   346 123
320   202 118
225   325 -100
1,800   2,149 -349
1,958   1,418 540
954   1,032 -78
1,187   793 394
13   14 -1
1,197   1,114 83
250   306 -56
10,000   7,444 2,556
27,608   27,302 306
215   306 -91
374   293 81
782   551 231
960   750 210
1,878   1,858 20
610   748 -138
2,259   1,549 710
1,214   1,302 -88
923   591 332
90   81 9
2,395   1,923 472
1,157   1,005 152
22,332   22,356 -24
876   882 -6
863   835 28
822   651 171
579   776 -197
1,281   938 343
1,921   1,718 203
1,684   1,721 -37
1,156   776 380
1,301   1,447 -146
1,847   1,197 650
40   38 2
823   991 -168
4,445   2,086 2,359
36   37 -1
888   894 -6
86   79 7
2,195   2,045 150
684   1,019 -335
1,601   1,357 244
1,757   1,730 27
1,002   1,061 -59
1,422   960 462
1,057   946 111
2,280   2,218 62
90   80 10
823   1,015 -192
2,040   1,028 1,012
72   74 -2
924   907 17
873   1,021 -148
722   706 16
316   508 -192
202   225 -23
2,306   1,729 577
1,950   2,259 -309
2,489   2,102 387
3,624   4,528 -904
1,140   1,025 115
95   76 19
693   939 -246
105   57 48
9,532   9,646 -114
2,269   2,235 34
359   131 228
1,083   1,090 -7
851   804 47
672   769 -97
1,405   1,213 192
670   776 -106
1,244   917 327
178   193 -15
1,140   1,006 134
185   137 48
1,732   1,849 -117
815   688 127
122   124 -2
461   460 1
539   186 353
889   663 226
426   421 5
1,165   1,017 148
1,932   1,908 24
1,341   1,181 160
391   367 24
1,188   1,347 -159
3,002   2,971 31
1,526   757 769
1,751   1,948 -197
1,290   1,125 165
125   125  
479   466 13
1,198   1,105 93
574   847 -273
1,660   1,124 536
385   546 -161
316   317 -1
6,304   3,990 2,314
1,798   1,646 152
1,426   1,433 -7
98   88 10
90   45 45
875   1,006 -131
1,766   1,416 350
130   130  
1,198   1,126 72
383   540 -157
924   310 614
578   820 -242
252   170 82
1,375   1,145 230
1,110   1,019 91
987   1,009 -22
1,848   2,112 -264
538   331 207
438   534 -96
2,377   1,915 462
132   129 3
222   302 -80
767   1,091 -324
985   841 144
128   182 -54
2,773   1,817 956
1,052   980 72
964   841 123
1,116   1,009 107
596   707 -111
982   958 24
97   87 10
1,896   1,632 264
132   130 2
665   851 -186
815   1,226 -411
1,183   1,119 64
642   902 -260
1,513   1,066 447
1,821   1,619 202
1,882   1,715 167
142   169 -27
1,788   1,533 255
374   386 -12
808   1,116 -308
11,623   11,913 -290
12,967   12,321 646
882   772 110
72   103 -31
1,675   1,568 107
738   1,016 -278
919   952 -33
1,336   1,191 145
943   938 5
595   765 -170
2,406   2,229 177
841   809 32
1,211   1,653 -442
20,206   18,679 1,527
9,834   8,496 1,338
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       -62
b       108
c       169
d       -282
e       -332
      -33
      95
      62
      -96
      -14
      120
      -377
      770
      1
      104
      -10
      -99
      -119
      -239
      -19
      204
      45
      -605
      120
      345
      -66
      22
      48
      187
      73
      -10
      528
      -30
      -34
      387
      -4
      525
      132
      539
      -263
      -7
      3
      -389
      73
      123
      118
      -100
      -349
      540
      -78
      394
      -1
      83
      -56
      2,556
      306
      -91
      81
      231
      210
      20
      -138
      710
      -88
      332
      9
      472
      152
      -24
      -6
      28
      171
      -197
      343
      203
      -37
      380
      -146
      650
      2
      -168
      2,359
      -1
      -6
      7
      150
      -335
      244
      27
      -59
      462
      111
      62
      10
      -192
      1,012
      -2
      17
      -148
      16
      -192
      -23
      577
      -309
      387
      -904
      115
      19
      -246
      48
      -114
      34
      228
      -7
      47
      -97
      192
      -106
      327
      -15
      134
      48
      -117
      127
      -2
      1
      353
      226
      5
      148
      24
      160
      24
      -159
      31
      769
      -197
      165
       
      13
      93
      -273
      536
      -161
      -1
      2,314
      152
      -7
      10
      45
      -131
      350
       
      72
      -157
      614
      -242
      82
      230
      91
      -22
      -264
      207
      -96
      462
      3
      -80
      -324
      144
      -54
      956
      72
      123
      107
      -111
      24
      10
      264
      2
      -186
      -411
      64
      -260
      447
      202
      167
      -27
      255
      -12
      -308
      -290
      646
      110
      -31
      107
      -278
      -33
      145
      5
      -170
      177
      32
      -442
      1,527
      1,338
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 23,905
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 6,262
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) 1 492
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........................... 3 492
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- ..... 5 492
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a  
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  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 492
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 arrowCT
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 arrowKEVIN RAY Telephone no.right arrow (860) 324-4366

Located atright arrowPO BOX 548FARMINGTONCT ZIP+4right arrow06034
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
KEVIN RAY PRESIDENT
000.00 		0 0 0
PO BOX 548
FARMINGTON,CT06034
SUSAN REEVE SECRETARY/TR
000.00 		0 0 0
PO BOX 548
FARMINGTON,CT06034
BETSY SARGENT DIRECTOR
000.00 		0 0 0
PO BOX 548
FARMINGTON,CT06034
RICHARD BYER DIRECTOR
000.00 		0 0 0
PO BOX 548
FARMINGTON,CT06034
KRISTIN PERRA DIRECTOR
000.00 		0 0 0
PO BOX 548
FARMINGTON,CT06034
ROXANNE ZARMSKY DIRECTOR
000.00 		0 0 0
PO BOX 548
FARMINGTON,CT06034
KATHLEEN GREIDER EX-OFFICIO
000.00 		0 0 0
PO BOX 548
FARMINGTON,CT06034
KATE MARTORELLI EX-OFFICIO
000.00 		0 0 0
PO BOX 548
FARMINGTON,CT06032
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 TO PROVIDE FINANCIAL ASSISTANCE TO GRADUATES OF FARMINGTON HIGH SCHOOL WHO ARE OR WERE RESIDENTS OF THIS TOWN AT THE TIME OF GRADUATION TO ASSIST IN FURTHERING THEIR EDUCATION. 20,000
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
403,399
b
Average of monthly cash balances.......................
1b
14,392
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
417,791
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
417,791
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
6,267
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
411,524
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
20,576
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
20,576
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
492
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
492
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
20,084
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
20,084
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
20,084
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
20,000
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
20,000
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 20,084
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 7,016
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$ 20,000
a Applied to 2023, but not more than line 2a 7,016
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..... 12,984
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 .......... 		7,100
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).)
NO MANAGER HAS CONTRIBUTED MORE THA
2 OF TOTAL CONTRIBUTIONS RECEIVED B
FOUNDATION
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.
THIS IS A NON-STOCK CORPORATION
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:
THE ARLINE GRAHAM WADSWORTH
SCHOLARSHIP FUND
10 MONTEITH DRIVE
FARMINGTON,CT06032
(860) 677-2621
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION AND ESSAY REGARDING CAREER PLANS.
cAny submission deadlines:
ANNUALLY BY MAY 1
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
FARMINGTON HIGH SCHOOL GRADUATE ATTENDING COLLEGE.
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
KALINA DONOR


8 AZTEC TRAIL
UNIONVILLE,CT06085 		NONE PAID SCHOLARSHIP 2,500
DOORVA GARG


22 LAKESHORE DR APT B4
FARMINGTON,CT06032 		NONE PAID SCHOLARSHIP 1,500
LAYAN JAHAF


190 WETHERSFIELD AVE
HARTFORD,CT06114 		NONE PAID SCHOLARSHIP 5,000
SOONWOO KWON


28 LAKESHORE DR APT B1
FARMINGTON,CT06032 		NONE PAID SCHOLARSHIP 5,000
DHRITI SWAMY


41 BALDWIN DRIVE
FARMINGTON,CT06032 		NONE PAID SCHOLARSHIP 1,000
JAHKAI VEAL


275 MAIN ST APT B4
FARMINGTON,CT06032 		NONE PAID SCHOLARSHIP 5,000
Total .................................right arrow 3a 20,000
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 54  
4 Dividends and interest from securities ....     14 15,869  
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 23,905  
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) ..   39,828  
13Total. Add line 12, columns (b), (d), and (e)..................
13
39,828
(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 GRAHAM FOUNDATION INC
EIN:
06-1337821
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL FEES 1,650 1,650 1,650  

TY 2024 InvestmentsCorpStockSchedule
Name:
THE GRAHAM FOUNDATION INC
EIN:
06-1337821
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 1,470 1,470
ABBVIE, INC. 3,732 3,732
ALTRIA GROUP INC. 1,882 1,882
AMCOR PLC ORD    
AMERICAN ELECTRIC POWER CO INC 1,476 1,476
AMGEN INC    
APPLIED MATERIALS INC. 813 813
ARTHUR J. GALLAGHER & COMPANY 5,677 5,677
AT&T INC 2,687 2,687
AUTOMATED DATA PROCESSING, INC. 1,756 1,756
BCE INC NEW    
BANK NEW YORK MELLON CORP 2,689 2,689
BANK OF AMERICA CORP 2,549 2,549
BECTON DICKINSON & CO 2,496 2,496
BLACKROCK FDG INC 5,126 5,126
BRITISH AMERN TOBACCO    
BROADCOM INC 2,782 2,782
BROADRIDGE FINANCIAL SOLUTIONS INC. 1,357 1,357
CALAMOS PHINEUS LONG SHORT CL I    
CANADIAN IMPERIAL BANK    
CATERPILLAR INC. 3,990 3,990
CHEVRON CORP    
CISCO SYSTEMS 4,558 4,558
CITIGROUP INC. NEW 1,478 1,478
CITIZENS FINANCIAL GROUP INC. 1,050 1,050
COCA COLA COMPANY 2,802 2,802
COMCAST CORP CL A NEW 1,952 1,952
CONAGRA BRANDS, INC.    
CONOCOPHILLIPS 3,768 3,768
CROWN CASTLE INC. 1,089 1,089
CSX CORP 2,291 2,291
DANAHER CORP 1,377 1,377
DOMINION RESOURCES INC.    
DOW INC 1,846 1,846
DUKE ENERGY CORP. NEW    
DUPONT DE NEMOURS INC. 1,373 1,373
EASTMAN CHEMICAL CO 1,552 1,552
ENBRIDGE INC.    
ENTERGY CORP NEW ETR    
EXXON MOBIL CORP 5,594 5,594
FEDERATED HERMES MDT ALL CAP CORE 12,271 12,271
FEDERATED HERMES MDT MARKET NEUTRAL 48,927 48,927
FIDELITY NATIONAL FINANCIAL INC. NEW 1,291 1,291
FIFTH THIRD BANCORP 2,748 2,748
FORD MOTOR CO 851 851
GAMING & LEISURE PROPERTIES INC. 915 915
GENERAL DYNAMICS CORP 2,371 2,371
GILEAD SCIENCES, INC. 1,201 1,201
HEALTHPEAK PPTYS INC 1,034 1,034
HOME DEPOT 5,057 5,057
HUNTINGTON BANCHRES INC 1,383 1,383
INTL BUSINESS MACHINES CORP 2,418 2,418
JOHNSON & JOHNSON 3,905 3,905
JOHNSON CONTROLS INTL PLC 2,052 2,052
JP MORGAN CHASE 9,109 9,109
KENVUE INC.    
KINDER MORGAN INC DE 3,288 3,288
KIMBERLY CLARK CORP.    
LAMAR ADVERTISING COMPANY NEW 2,191 2,191
LOCKHEED MARTIN CORP 1,944 1,944
L3HARRIS TECHNOLOGIES INC 1,262 1,262
LYONDELLBASELL INDUSTRIES NV ORD    
LORD ABBETT GROWTH LEADS CL I 52,989 52,989
LORD ABBETT FLOATING RATE CL I 33,904 33,904
LORD ABBETT SHORT DURATION INCOME 34,130 34,130
LORD ABBETT FIXED INCOME CL I    
MADISON COVERED CALL & EQUITY INCOME    
MCDONALDS CORP 2,899 2,899
MEDTRONIC PLC 1,837 1,837
MERCK & CO 3,382 3,382
METLIFE INC. 4,258 4,258
MICROSOFT CORP 6,744 6,744
NATIONAL GRID PLC    
NORFOLK SOUTHERN CORP 1,878 1,878
ORACLE CORP 2,166 2,166
PARKER-HANNIFIN CORP 5,088 5,088
PAYCHEX INC.    
PEPSICO INC. 2,281 2,281
PFIZER INC. 2,335 2,335
PHILIP MORRIS INTL INC. 3,972 3,972
PNC FINANCIAL SERVICES GROUP 2,121 2,121
PPL CORP    
PROCTER & GAMBLE CO 5,700 5,700
PROLOGIS INC. 2,114 2,114
PRUDENTIAL FINANCIAL INC 4,030 4,030
PUBLIC SERVICE ENTERPRISE GROUP INC. 2,366 2,366
QUALCOMM INC. 2,919 2,919
REALTY INCOME CORP    
SANOFI SPON ADR SNY    
SOUTHERN COMPANY 3,540 3,540
TC ENERGY CORP    
TOTALENERGIES SE SPON    
TRUIST FINANCIAL CORP    
US BANCORP 2,726 2,726
UNILEVER PLC    
UNITED PARCEL SERVICE 883 883
UNITEDHEALTH GROUP INC. 2,529 2,529
VERIZON COMMUNICATIONS 3,319 3,319
W P CAREY INC. 1,199 1,199
WALMART INC 4,789 4,789
WELLS FARGO & CO NEW 2,950 2,950
WILLIAMS COS INC.    
XCEL ENERGY INC.    
ZACKS DIVIDEND INSTL CL 50,376 50,376
3M COMPANY 2,065 2,065

TY 2024 OtherExpensesSchedule
Name:
THE GRAHAM FOUNDATION INC
EIN:
06-1337821
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
INVESTMENT MANAGEMENT FEES 2,589 2,589 2,589  
FILING FEES 50 50 50  


TY 2024 OtherIncreasesSchedule
Name:
THE GRAHAM FOUNDATION INC
EIN:
06-1337821
Description Amount
UNREALIZED INVESTMENT GAIN/LOSS 26,351


TY 2024 OtherLiabilitiesSchedule
Name:
THE GRAHAM FOUNDATION INC
EIN:
06-1337821
Description Beginning of Year - Book Value End of Year - Book Value
EXCISE TAX PAYABLE 539 850


TY 2024 TaxesSchedule
Name:
THE GRAHAM FOUNDATION INC
EIN:
06-1337821
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 492      
FOREIGN TAX 156 156 156