TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024

Name of foundation
THE ACIERNO FAMILY FOUNDATION
JOHN YANNACONE AND MICHAEL ACIERNO

Number and street (or P.O. box number if mail is not delivered to street address)1011 CENTRE ROAD 310
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE19805

A Employer identification number

82-3460019

B Telephone number (see instructions)

(610) 565-7004

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$12,174,639J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	6,397		6,397
4	Dividends and interest from securities...	295,388		295,388
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		584,380
b	Gross sales price for all assets on line 6a 2,487,331
7	Capital gain net income (from Part IV, line 2)...			584,380
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).......	List of Attached Documents: // Content	48	48
12	Total. Add lines 1 through 11........	886,213		886,213
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).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	16,060	14,260	1,800
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	37,937	37,937	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	7,410	171	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	150	125	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	61,557		52,493	1,800
25	Contributions, gifts, grants paid.......	530,000			530,000
26	Total expenses and disbursements. Add lines 24 and 25	591,557		52,493	531,800
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	294,656
b	Net investment income (if negative, enter -0-)			833,720
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	100,297	56,272	56,272
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	5,112	7,240	7,240
	10a	Investments—U.S. and state government obligations (attach schedule)	825,584	List of Attached Documents: // Content 951,148	910,549
	b	Investments—corporate stock (attach schedule).......	1,278,307	List of Attached Documents: // Content 585,730	755,974
	c	Investments—corporate bonds (attach schedule).......	793,580	List of Attached Documents: // Content 955,237	935,145
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	5,716,377	List of Attached Documents: // Content 6,457,182	9,497,337
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 11,046	List of Attached Documents: // Content 12,122	List of Attached Documents: // Content 12,122
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	8,730,303	9,024,931	12,174,639
	17	Accounts payable and accrued expenses..........	28
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	28	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	8,730,275	9,024,931
	29	Total net assets or fund balances (see instructions).....	8,730,275	9,024,931
	30	Total liabilities and net assets/fund balances (see instructions).	8,730,303	9,024,931

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

8,730,275

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

294,656

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

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

9,024,931

Decreases not included in line 2 (itemize) right arrow

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

9,024,931

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	276 SHS PJSC LUKOIL COMMON		2019-03-12	2024-11-11
b	COVERED - S\T - GS 7007			2024-12-31
c	COVERED - L\T - GS 7007			2024-12-31
d	COVERED - L\T - GS 6983			2024-12-31
e	COVERED - S\T - GS 6983			2024-12-31
	COVERED - L\T - GS 1427			2024-12-31
	COVERED - S\T - GS 1427			2024-12-31
	COVERED - L\T - GS 6975			2024-12-31
	COVERED - S\T - GS 6975			2024-12-31
	33,000 - APPLE, INC. BOND 2.85% 05/11/2024		2018-06-19	2024-05-11
	26,000 - US TREASURY NOTE		2018-09-24	2024-09-10
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a		21,869	-21,869
b	143,869	133,957	9,912
c	708,779	519,250	189,529
d	669,280	436,822	232,458
e	96,004	83,600	12,404
	109,681	78,014	31,667
	334,047	294,857	39,190
	265,479	273,134	-7,655
	3,009	2,964	45
	33,000	33,000	0
	25,222	25,484	-262
	98,961		98,961

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-21,869
b			9,912
c			189,529
d			232,458
e			12,404
			31,667
			39,190
			-7,655
			45
			0
			-262
			98,961

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	584,380
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	11,589
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	11,589
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	11,589
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	7,240
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	8,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	15,240
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	193
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	3,458
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax3,458	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

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

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address right arrow

N/A

The books are in care of right arrow

MICHAEL A ACIERNO Telephone no. right arrow

(302) 225-0600

Located at right arrow

1011 CENTRE ROAD SUITE 310WILMINGTONDE ZIP+4 right arrow

19805

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Form 990-PF (2024)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

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

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

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2024? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2024?....................

If "Yes," list the years right arrow

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2024.) .....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..

Form 990-PF (2024)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
MICHAEL A ACIERNO	DIRECTOR/PRESIDENT/TREASUR 1.00	0	0	0
C/O BLS 1011 CENTRE ROAD SUITE 310 WILMINGTON,DE19805	DIRECTOR/PRESIDENT/TREASUR 1.00	0	0	0
JOHN J YANNACONE	DIRECTOR/VICE-PRESIDENT/SE 1.00	0	0	0
C/O BLS 1011 CENTRE ROAD SUITE 310 WILMINGTON,DE19805	DIRECTOR/VICE-PRESIDENT/SE 1.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2024)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2024)

Page 8

Part IX

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

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

purposes:

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

12,071,053

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

69,167

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

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

12,140,220

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

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

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

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

12,140,220

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

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

182,103

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

11,958,117

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

597,906

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

597,906

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

11,589

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

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

11,589

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

586,317

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

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

586,317

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

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

586,317

Part XI

Qualifying Distributions (see instructions)

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

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

531,800

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

531,800

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				586,317
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......			512,386
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: $ 531,800
a Applied to 2023, but not more than line 2a			512,386
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.....				19,414
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 ..........				566,903
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)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2024	(b) 2023	(c) 2022	(d) 2021	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2024)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ALZHEIMER'S ASSOCIATION 225 N MICHIGAN AVE FLOOR 17 CHICAGO,IL60601	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	40,000
CANCER RESEARCH INSTITUTE 29 BROADWAY FLOOR 4 NEW YORK,NY10006	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	15,000
CATHOLIC CHARITIES 2050 BALLENGER AVENUE SUITE 400 ALEXANDRIA,VA22314	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	60,000
CBOBS 1900 EAGLE DRIVE BALTIMORE,MD21207	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	1,000
UC DAVIS FOUNDATION 202 COUSTEAU PLACE SUITE 185 DAVIS,CA95618	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	15,000
EPILEPSY FOUNDATION OF DELAWARE 527 STANTON CHRISTIANA ROAD NEWARK,DE19713	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	15,000
FOOD BANK OF DELAWARE 222 LAKE DRIVE NEWARK,DE19702	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	55,000
FRIENDS OF YOLO COUNTY ANIMAL SERVICES 2640 E GIBSON RD WOODLAND,CA95776	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	15,000
HURRICANE ISLAND OUTWARD BOUND SCHOOL 21 ELM STREET PO BOX 800 CAMDEN,ME04843	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	2,000
ST EDMONDS ACADEMY 2120 VEALE ROAD WILMINGTON,DE19810	N/A	PUBLIC	SCHOLARSHIPS	150,000
THE ARUNDEL HOUSE OF HOPE 514 NORTH CRAIN HWY SUITE K GLEN BURNIE,MD21061	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	15,000
THE ASHER HOUSE 431 SE MOUNTAIN VIEW ROAD ESTACADA,OR97023	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	5,000
THE LIGHTHOUSE INC 10 HUDSON STREET ANNAPOLIS,MD21401	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	5,000
THE TREVOR PROJECT 458 N DOHENY 69232 WEST HOLLYWOOD,CA90048	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	15,000
CHRISTIANA FIRE COMPANY 2 E MAIN STREET CHRISTIANA,DE19702	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	10,000
TUNNELS TO TOWERS FOUNDATION 2361 HYLAN BOULEVARD STATEN ISLAND,NY10306	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	25,000
WELLNESS HOUSE OF ANNAPOLIS 2625 MAS QUE FARM ROAD ANNAPOLIS,MD21403	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	25,000
AETNA HOSE HOOK & LADDER 31 ACADEMY STREET NEWARK,DE19711	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	20,000
FAITHFUL FRIENDS 165 AIRPORT ROAD NEW CASTLE,DE19720	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	15,000
SAMARITAN'S PURSE PO BOX 3000 BOONE,NC28607	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	20,000
ALUMNI ASSOCIATION OF THE UNIVERSITY OF VIRGINIA 211 EMMET STREET S CHARLOTTESVILLE,VA22903	N/A	PUBLIC	THE FURTHERANCE OF CHARITABLE PROGRAMS	7,000
Total ................................. 3a				530,000

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2024)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	6,397
4 Dividends and interest from securities ....			14	295,388
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 .....			14	48
8 Gain or (loss) from sales of assets other than inventory ............			18	584,380
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		886,213	0

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

886,213

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2024)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

THE ACIERNO FAMILY FOUNDATION

JOHN YANNACONE AND MICHAEL ACIERNO

EIN:

82-3460019

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	16,060	14,260		1,800

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

THE ACIERNO FAMILY FOUNDATION

JOHN YANNACONE AND MICHAEL ACIERNO

EIN:

82-3460019

Name of Bond	End of Year Book Value	End of Year Fair Market Value
3M COMPANY MTN 2.25% 09/19/2026USO SR LIEN NEXT CALL	28,673	28,800
3M COMPANY MTN 3.375% 03/01/2029 USD SR LIEN NEXT CALL DT. 12 01 28 S&P A+ /	7,592	7,546
ADOBE INC 2.15% 02/01/2027 USD SR LIEN NEXT CALL DT. 12 01 26 S&P A+ /MOODY'	37,975	36,266
AMERICAN TOWER CORPORATION 1.5% 01/31/2028 USD SR LIEN NEXT CALL DT. 01 31 2	24,993	22,561
AT&T INC. 1.65% 02/01/2028 USD SR LIEN NEXT CALL DT. 12 01 27 S&P BBB /MOODY	9,613	9,093
AT&T INC. 4.35% 03/01/2029 USD SER 10YR SR LIEN NEXT CALL DT. 12 01 28 S&P B	7,700	6,852
B.A.T. INTERNATIONAL FINANCE P 1.668% 03/25/2026 USD SR LIEN NEXT CALL DT. 0	8,634	8,658
BANK OF AMERICA CORPORATION HYBRID 03/11/2027 USD SER N SR LIEN CPN 03/11/21	9,811	10,599
BANK OF AMERICA CORPORATION HYBRID MTN 10/24/2026 USD SR LIEN CPN 10/21/20 1	24,412	26,231
BB&T CORPORATION MTN 3.875% 03/19/2029 USD SUB LIEN NEXT CALL DT. 02 16 29 S	28,378	27,669
CITIGROUP INC 3.4% 05/01/2026 USD SR LIEN S&P BBB+ /MOODY'S A3	36,039	34,394
DIGITAL REALTY TRUST, INC. 4.45% 07/15/2028 USD SR LIEN NEXT CALL DT. 04 15	25,764	23,571
DOMINION ENERGY INC 3.3% 03/15/2025 USD SER A SR LIEN NEXT CALL DT. 02 15 25	19,968	19,925
ENTERPRISE PRODUCTS OPERATING 3.125% 07/31/2029 USD SR LIEN NEXT CALL DT. 04	9,292	9,306
GATX CORP 4.7% 04/01/2029 USD SR LIEN NEXT CALL DT. 01 01 29 S&P BBB /MOODY'	27,934	27,622
GENERAL MOTORS FINL CO 5.85% 04/06/2030 USD SR LIEN	19,061	19,413
HEALTHPEAK PROPERTIES, INC. 2.125% 12/01/2028 USD SR LIEN NEXT CALL DT. 10 0	20,311	18,887
HOME DEPOT INC 2.7% 04/15/2025 SR LIEN	7,972	7,960
HUMANA INC. 1.35% 02/03/2027 USD SR	8,332	8,368
INTERCONTINENTAL EXCHANGE, INC 3.75%	10,881	10,927
JOHN DEERE CAPITAL CORPORATION MTN 4.75%	12,970	13,054
JPMORGAN CHASE & CO. HYBRID 04/23/2029 USD SR LIEN CPN 04/23/18 4.005% NEXT	13,955	11,637
JPMORGAN CHASE & CO. HYBRID 06/01/2028 USD SR LIEN CPN 05/27/20 2.182% NEXT	24,587	23,483
MCDONALD'S CORPORATION MTN 1.45% 09/01/2025 USD SR LIEN NEXT CALL DT. 08 01	29,945	29,370
NETAPP, INC. 2.375% 06/22/2027 USD SR LIEN NEXT CALL DT. 04 22 27 S&P BBB+ /	24,960	23,627
PFIZER INVESTMENT ENTERPRISES 4.45%	10,942	10,985
PHILIP MORRIS INTERNATIONAL IN 4.875%	20,952	21,056
PNC FINANCIAL SERVICES GROUP, 2.55%	16,882	16,870
REGIONS FINANCIAL CORP 1.8% 08/12/2028 USD SR LIEN NEXT CALL DT. 06 12 28 S&	35,244	32,954
ROPER TECHNOLOGIES INC 1.4% 09/15/2027 USD SR LIEN NEXT CALL DT. 07 15 27 S&	34,951	32,054
ROYALTY PHARMA PLC 1.75% 09/02/2027 USD SER WI SR LIEN NEXT CALL DT. 07 02 2	8,643	8,296
S&P GLOBAL INC. 2.5%	21,022	20,657
SABINE PASS LIQUEFACTION, LLC 5.0%	22,870	23,047
SHELL INTERNATIONAL FINANCE B. 2.5%	10,613	10,642
SOUTHERN POWER COMPANY 4.15% 12/01/2025 USD SR LIEN NEXT CALL DT. 09 01 25 S	33,919	33,837
SYNCHRONY FINANCIAL 4.5% 07/23/2025 USD SR LIEN NEXT CALL DT. 04 23 25 S&P B	20,313	19,920
TOTAL CAPITAL INTL SA 2.829%	10,252	10,010
WELLS FARGO & COMPANY MTN 4.1% 06/03/2026 USD SER M SUB LIEN S&P BBB /MOODY'	35,327	33,635
AIR LEASE CORPORATION 2.1% 09/01/2028USO SR LIEN NEXT	16,902	17,132
AIR PRODUCTS & CHEMICALS 1.85%05/15/2027USO SR LIEN	9,341	9,400
BANK OF NEW YORK MELLON CORPOR MTN 1.65%	30,519	30,590
CROWN CASTLE INTL CORP 3.3% 07/01/2030USO SR LIEN	8,942	9,085
FOX CORP 3.5% 04/08/2030 USO SR LIEN NEXT CALL DT. 01 08	14,603	14,870
INTEL CORPORATION 5.0% 02/21/2031USO SR LIEN NEXT CALL	27,660	27,486
MORGAN STANLEY HYBRID MTN 01/22/2031 USO SR LIEN	31,202	31,980
MPLX LP 2.65% 08/15/2030USO SR LIEN NEXT CALL DT. 05 15	10,413	10,501
NXP BV/NXP FDG/NXPUSA 3.4% 05/01/2030 USO SR LIEN	16,357	16,534
UNITEDHEALTH GROUP INCORPORATE 2.0% 05/15/2030 USO	13,018	12,933
US BANCORP HYBRID 02/01/2029USO SR LIEN CPN 02/01/23	14,598	14,852

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

THE ACIERNO FAMILY FOUNDATION

JOHN YANNACONE AND MICHAEL ACIERNO

EIN:

82-3460019

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ACV AUCTIONS INC CMN (ACVA)	8,970	12,614
ADECOAGRO S.A. CMN (AGRO)	2,733	2,395
APELLIS PHARMACEUTICALS, INC. CMN	5,320	4,180
ARCUTIS BIOTHERAPEUTICS INC CMN (ARQT)	5,113	13,164
ASGN INCORPORATED CMN (ASGN)	5,658	5,500
ATLANTIC UNION BANKSHARES CORP CMN (AUB)	4,575	5,379
AVIENT COR CMN (AVNT)	7,027	8,295
AXIS CAPITAL HOLDINGS LIMITED CMN (AXS)	7,892	12,407
BANKUNITED INC CMN (BKU)	1,311	2,367
BOOT BARN HOLDINGS, INC. CMN (BOOT	5,051	7,135
BRIDGE INVESTMENT GROUP HOLDIN CMN (BRDG)	3,057	2,889
BROOKLINE BANCORP INC CMN (BRKL)	3,991	5,027
CACTUS, INC. CMN CLASS A (WHD)	4,461	6,945
CASELLA WASTE SYSTEMS INC CLASS A (CWST)	9,026	11,851
CENTURY COMMUNITIES, INC. CMN (CCS)	5,791	6,749
COGENT COMMUNICATIONS HLDGS CMN (CCOI)	5,215	6,628
CONSTRUCTION PARTNERS INC CMN CLASS A (ROAD)	3,971	9,377
COUSINS PROPERTIES INCORPORATE CMN (CUZ)	4,800	6,189
CREDO TECHNOLOGY GROUP HOLDING CMN (CRDO)	1,018	3,697
CRINETICS PHARMACEUTICALS, INC CMN (CRNX)	4,406	7,465
DORMAN PRODUCTS, INC. CMN (DORM)	5,110	7,514
E.L.F. BEAUTY, INC. CMN (ELF)	5,927	6,403
EASTERN BANKSHARES INC CMN (EBC)	5,785	7,556
ENERPAC TOOL GROUP CORP CMN (EPAC)	6,112	9,410
ENPRO INC CMN (NPO)	1,187	1,724
ENTERPRISE FINL SVCS CORP. CMN (EFSC)	5,917	7,501
ERO COPPER CORP. CMN (ERO)	7,357	5,769
ESSENT GROUP LTD. CMN (ESNT)	5,313	5,117
FIRST BANCORP CMN (FBNC)	2,413	3,869
FIRST INTERSTATE BANCSYSTEM, I CMN (FIBK)	4,804	5,617
FLYWIRE CORPORATION CMN (FLYW)	8,048	6,475
FRESHPET, INC. CMN (FRPT)	5,034	12,293
GOLDEN ENTERTAINMENT, INC. CMN (GDEN)	4,000	3,760
GREAT LAKES DREDGE & DOCK CORP CMN (GLDD)	4,287	6,164
GRID DYNAMICS HOLDINGS INC CMN (GDYN)	7,458	14,523
HAYWARD HOLDINGS, INC. CMN (HAYW)	5,062	5,887
HERC HOLDINGS INC. CMN (HRI)	2,899	5,112
HILLTOP HOLDINGS INC CMN (HTH)	3,429	3,149
HURON CONSULTING GROUP INC. CMN (HURN)	6,935	8,574
INARI MEDICAL INC CMN (NARI)	6,146	5,718
INDEPENDENCE REALTY TRUST, INC CMN (IRT)	9,886	12,817
INSPIRE MEDICAL SYSTEMS, INC. CMN (INSP)	2,853	2,781
INTAPP, INC. CMN (INTA)	10,014	18,202
KIRBY CORPORATION CMN (KEX)	7,394	9,628
KONTOOR BRANDS, INC. CMN (KTB)	3,932	7,089
KOSMOS ENERGY LTD. CMN (KOS)	8,974	4,490
KRYSTAL BIOTECH, INC. CMN (KRYS)	3,707	5,013
LADDER CAPITAL CORP CMN CLASS A (LADR)	6,894	7,978
LIFESTANCE HEALTH GROUP, INC. CMN (LFST)	7,030	7,525
LITTELFUSE, INC. CMN (LFUS)	6,077	5,656
MACOM TECHNOLOGY SOLUTIONS CMN (MTSI)	5,074	9,743
MARCUS & MILLICHAP, INC. CMN (MMI)	1,516	2,066
MOELIS & COMPANY CMN (MC)	1,017	1,773
NATIONAL STORAGE AFFILIATES TR CMN (NSA)	5,039	6,331
NEOGENOMICS, INC. CMN (NEO)	6,030	6,773
OPTION CARE HEALTH, INC CMN (OPCH)	4,237	2,993
PINNACLE FINANCIAL PARTNERS, I CMN (PNFP)	3,267	5,834
PLYMOUTH INDUSTRIAL REIT, INC. CMN (PLYM)	8,961	7,814
PRESTIGE CONSUMER HEALTHCARE, CMN (PBH)	4,825	6,560
Q2 HOLDINGS, INC. CMN (QTWO)	5,665	17,614
RISKIFIED LTD. CMN (RSKD)	2,928	2,649
SHIFT4 PAYMENTS, INC. CMN (FOUR)	6,516	11,935
SITIME CORP CMN (SITM)	5,687	10,726
SKYWARD SPECIALTY INSURANCE GR CMN (SKWD)	3,561	6,419
SPROUT SOCIAL, INC. CMN (SPT)	10,338	6,633
SUMMIT HOTEL PROPERTIES, INC. CMN (INN)	4,667	5,131
TANDEM DIABETES CARE, INC. CMN (TNDM)	2,546	4,575
THE CHEF'S WAREHOUSE INC CMN (CHEF)	3,516	8,680
TOWER SEMICONDUCTOR LTD CMN (TSEM)	7,567	14,680
TRINITY INDUSTRIES INC (DEL) CMN (TRN)	7,301	11,969
UMH PROPERTIES, INC. CMN (UMH)	5,214	6,891
URBAN EDGE PROPERTIES REIT CMN (UE)	6,266	7,289
UTZ BRANDS INC CMN (UTZ)	6,176	6,562
VAXCYTE INC CMN (PCVX)	1,580	2,701
VERACYTE, INC. CMN (VCYT)	2,157	4,039
VSE CORPORATION CMN (VSEC)	7,033	10,271
WARBY PARKER INC CMN (WRBY)	3,876	6,634
WINTRUST FINANCIAL CORP CMN (WTFC)	2,236	6,485
YANDEX NV CMN (YNDX)	5,237	5,014
ZURN ELKAY WATER SOLUTIONS COR CMN (ZWS)	3,077	4,252
ACADIAN ASSET MANAGEMENT INC CMN (AAMI)	4,760	5,926
AMERIS BANCORP CMN (ABCB)	3,207	3,003
AVID BIOSERVICES,INC. CMN (COMO)	1,523	1,791
AVIDXCHANGE HOLDINGS,INC. CMN (AVDX)	3,501	3,092
CHESAPEAKE UTILITIES CORP CMN (CPK)	7,256	9,101
CRESCENT ENERGY CO CMN (CRGY)	7,709	8,708
ELDORADO GOLD CORPORATION CMN (EGO)	9,459	9,130
ELEMENT SOLUTIONS INC CMN (ESI)	5,666	5,315
EXPRO GROUP HOLDINGS NV CMN (XPRO)	9,521	5,624
FIRST ADVANTAGE CORPORATION CMN (FA)	1,437	1,611
FIVE BELOW INC CMN (FIVE)	2,124	2,414
FOOT LOCKER, INC. CMN (FL)	2,880	2,764
GATES INDUSTRIAL CORPORATION P CMN (GTES)	10,609	12,527
HERITAGE FINANCIAL CORP CMN (HFWA)	6,249	7,105
IMPINJ, INC. CMN (PL)	3,695	4,794
KORN FERRY CMN (KFY)	8,307	8,701
LINDSAY CORPORATION CMN (LNN)	1,582	1,538
MAREX GROUP PLC CMN (MRX)	4,536	6,421
MIRION TECHNOLOGIES INC CMN (MIR)	1,416	2,338
NCINO, INC. CMN (NCNO)	5,605	5,541
NEWAMSTERDAM PHARMA COMPANY N. CMN (NAMS)	4,494	4,523
NORTHERN OIL AND GAS, INC. CMN (NOG)	4,769	4,534
PENN ENTERTAINMENT INC CMN (PENN)	3,139	3,250
PHATHOM PHARMACEUTICALS INC CMN (PHAT)	6,123	3,224
RENASANT CORPORATION CMN (RNST)	5,854	5,970
RUSH ENTERPRISES,INC CMN CLASS A (RUSHA)	5,412	5,095
SHAKE SHACK INC. CMN CLASS A (SHAK)	8,811	12,201
SIMILARWEB LTD CMN (SMWB)	2,417	2,848
TARSUS PHARMACEUTICALS INC CMN (TARS)	7,105	10,908
TOURMALINE BIO INC CMN (TRML)	1,958	1,115
TWIST BIOSCIENCE CORPORATION CMN (TWST)	8,078	8,597
VARONIS SYSTEMS, INC. CMN (VRNS)	5,402	8,264
VERTEX, INC. CMN (VERX)	4,227	6,402
WAYSTAR HOLDING CORP. CMN (WAY)	1,943	3,266
WOLVERINE WORLD WIDE CMN (WWW)	2,476	3,730

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

THE ACIERNO FAMILY FOUNDATION

JOHN YANNACONE AND MICHAEL ACIERNO

EIN:

82-3460019

US Government Securities - End of Year Book Value:

951,148

US Government Securities - End of Year Fair Market Value:

910,549

State & Local Government Securities - End of Year Book Value:

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

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

THE ACIERNO FAMILY FOUNDATION

JOHN YANNACONE AND MICHAEL ACIERNO

EIN:

82-3460019

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ARTISAN INTERNATIONAL FUND INV MUTUAL FUND CLASS I SHARES	AT COST	749,356	718,417
FEDERATED HERMES INSTITUTIONAL HIGH YIELD BOND FUND	AT COST	1,004,122	990,017
GOLDMAN SACHS STRATEGIC VOLATILITY PREMIUM FUND CLASS P	AT COST	1,098,863	1,050,278
GS GOG PARTNERS INTERNATIONAL OPPORTUNITIES FUND	AT COST	973,836	1,171,859
ISHARES S&P 500 INDEX FUND - CLASS G	AT COST	2,631,005	5,566,766

- TIN:

TY 2024 OtherAssetsSchedule

Name:

THE ACIERNO FAMILY FOUNDATION

JOHN YANNACONE AND MICHAEL ACIERNO

EIN:

82-3460019

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ACCRUED INCOME RECEIVABLE	11,046	12,122	12,122

- TIN:

TY 2024 OtherExpensesSchedule

Name:

THE ACIERNO FAMILY FOUNDATION

JOHN YANNACONE AND MICHAEL ACIERNO

EIN:

82-3460019

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ADR FEES	125	125		0
FRANCHISE TAXES	25	0		0

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

THE ACIERNO FAMILY FOUNDATION

JOHN YANNACONE AND MICHAEL ACIERNO

EIN:

82-3460019

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
CLASS ACTION PROCEEDS	48	48	48

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

THE ACIERNO FAMILY FOUNDATION

JOHN YANNACONE AND MICHAEL ACIERNO

EIN:

82-3460019

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ADVISORY FEES	37,937	37,937		0

- TIN:

TY 2024 TaxesSchedule

Name:

THE ACIERNO FAMILY FOUNDATION

JOHN YANNACONE AND MICHAEL ACIERNO

EIN:

82-3460019

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	171	171		0
SECT 4940 TAX ON NET INVESTMENT INCOME	7,239	0		0