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 John and Ethel Kashulon Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

82-2658347
B Telephone number (see instructions)

(800) 839-1754
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$40,477,309J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 720 720  
4 Dividends and interest from securities... 1,227,988 1,227,988  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 985,853
b Gross sales price for all assets on line 6a 7,892,308
7 Capital gain net income (from Part IV, line 2)... 1,841,979
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 2,214,561 3,070,687  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 44,000     44,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
258,761 258,711   50
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
14,544 2,144    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,176     4,176
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
44,859 470   44,389
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 366,340 261,325   92,615
25 Contributions, gifts, grants paid....... 1,714,500 1,714,500
26 Total expenses and disbursements. Add lines 24 and 25 2,080,840 261,325   1,807,115
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 133,721
b Net investment income (if negative, enter -0-) 2,809,362
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets 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......... 463,601 1,784,664 1,784,664
3 Accounts receivable right arrow1,673
Less: allowance for doubtful accounts right arrow   1,609 1,673 1,673
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 3,397,544 Click to see attachment
List of Attached Documents:
// Content
394,647 		396,835
b Investments—corporate stock (attach schedule)....... 26,757,127 Click to see attachment
List of Attached Documents:
// Content
28,058,499 		34,345,272
c Investments—corporate bonds (attach schedule)....... 3,444,864 Click to see attachment
List of Attached Documents:
// Content
3,958,983 		3,948,865
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) 34,064,745 34,198,466 40,477,309
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
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 34,064,745 34,198,466
29 Total net assets or fund balances (see instructions)..... 34,064,745 34,198,466
30 Total liabilities and net assets/fund balances (see instructions). 34,064,745 34,198,466
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
34,064,745
2
Enter amount from Part I, line 27a .....................
2
133,721
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
34,198,466
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
34,198,466
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 Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 7,892,308   6,050,329 1,841,979
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,841,979
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,841,979
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 39,050
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 39,050
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 39,050
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 12,271
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 26,779
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 39,050
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
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 arrowDE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
George Benington Dir
1.0 		11,000 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Gail Kashulon Dir, Sec
1.0 		11,000 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Christian Le Bris Dir, Treas, Pres
1.0 		11,000 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Martin McLaughlin Sr Dir, Pres
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
James P Murray Dir, Treas
1.0 		11,000 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
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
UBS Financial Services Investment Mgmt 258,711
8 WRIGHT STREET 3RD FL
WESTPORT,CT068803100
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)
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
39,100,438
b
Average of monthly cash balances.......................
1b
653,360
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
39,753,798
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
0
3
Subtract line 2 from line 1d.........................
3
39,753,798
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
596,307
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
39,157,491
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,957,875
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
1,957,875
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
39,050
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
39,050
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,918,825
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,918,825
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
1,918,825
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,807,115
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,807,115
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 1,918,825
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 1,761,695
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$ 1,807,115
a Applied to 2023, but not more than line 2a 1,761,695
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..... 45,420
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		1,873,405
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 ...... 		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.... 0
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).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICARES FOUNDATION INC

88 HAMILTON AVE
STAMFORD,CT06902 		N/A PC To support the Americares Free Clinic of Bridgeport, which provides health care to Bridgeport area residents 50,000

ANCHOR ACADEMY INC

PO BOX 774
NORWALK,CT06852 		N/A PC To provide financial support for academic priorities in Catholic classical education 50,000

BIG BROTHERS BIG SISTERS OF CONNECTICUT INC

34 SEQUASSEN ST STE 202
HARTFORD,CT06106 		N/A PC To fund the expansion of the organization's mentoring programs in Bridgeport, CT 50,000

BOY SCOUTS OF AMERICA

60 WELLINGTON RD
MILFORD,CT06461 		N/A PC To help fund the organization's "Swim Lessons: The Gateway to Opportunities for Bridgeport Youth" project 15,000

BRIDGEPORT HOSPITAL FOUNDATION INC

267 GRANT ST
BRIDGEPORT,CT06610 		N/A PC Bringing Technology to Life Project, which will modernize the hospital's Heart and Vascular Center, with new cardiac and stroke technology 50,000

BRIDGEPORT RESCUE MISSION INC

725 PARK AVE
BRIDGEPORT,CT06604 		N/A PC To fund Holiday Meals for the needy 5,000

CARDINAL SHEHAN CENTER

1494 MAIN ST
BRIDGEPORT,CT06604 		N/A PC To help fund the organization's After School & Saturday Program 75,000

CARDINAL SHEHAN CENTER

1494 MAIN ST
BRIDGEPORT,CT06604 		N/A PC Summer Camp Program 50,000

CAROLINE HOUSE INC

574 STILLMAN ST
BRIDGEPORT,CT06608 		N/A PC Mother and Child Literacy Program 20,000

CATHOLIC ACADEMY OF BRIDGEPORT

63 PEQUONNOCK ST
BRIDGEPORT,CT06604 		N/A PC Merit Pay Teacher Compensation and Retention Program 25,000

CATHOLIC ACADEMY OF BRIDGEPORT INC

63 PEQUONNOCK ST
BRIDGEPORT,CT06604 		N/A PC To help fund the school's Success Pay teacher compensation and retention initiative 35,000

CATHOLIC RELIEF SERVICES INC

PO BOX 5200
HARLAN,IA51593 		N/A PC Driving Mission Agility, Strengthening Families and Empowering Youth initiatives 100,000

CHRIST CHURCH

120 E EDENTON ST
RALEIGH,NC27601 		N/A PC Wake Relief Fund to provide direct food purchases for families experiencing food insecurities and Building Bridges Bags Initiative, which provides food assistance to the homeless 15,000

CHRISTIAN HERITAGE SCHOOL INC

575 WHITE PLAINS RD
TRUMBULL,CT06611 		N/A PC To fund Heritage Next Generation Scholarships for students needing assistance to attend the school 75,000

CIRCLE OF CARE FOR FAMILIES WITH CANCER

144 DANBURY RD
WILTON,CT06897 		N/A PC To help fund the organization's Lifeline Emergency Fund 40,000

CONNECT US INC

1000 LAFAYETTE BLVD 2ND FL
BRIDGEPORT,CT06604 		N/A PC post-secondary educational fund for all youth participants in Connect-Us programs, with a specific focus on high school juniors 10,000

DARIEN DOMESTIC ABUSE COUNCIL INC

32 SEDGWICK VILLAGE LN
DARIEN,CT06820 		N/A PC financial funds for the salary of a new paid assistant 15,000

EXCHANGE CLUB OF NEW CANAAN FOUNDATION INC

PO BOX 1163
NEW CANAAN,CT06840 		N/A PC Stamford Parenting Skills Center 20,000

FAIRFIELD COLLEGE PREPARATORY SCHOOL

1073 N BENSON ROAD
FAIRFIELD,CT06824 		N/A PC Beyond The Classroom project, which will expand transportation services to Fairfield Prep students and establish a college tour program 100,000

FOUNDATIONS IN EDUCATION INC

238 JEWETT AVE
BRIDGEPORT,CT06606 		N/A PC Bishop's Scholarship Fund, which provides tuition assistance for low-income students who attend elementary schools in the Diocese of Bridgeport 75,000

FOUNDATIONS IN EDUCATION INC

238 JEWETT AVE
BRIDGEPORT,CT06606 		N/A PC General & Unrestricted 20,000

GREATER CONNECTICUT YOUTH ORCHESTRAS INC

PO BOX 645
FAIRFIELD,CT06824 		N/A PC scholarship fund 5,000

HORIZONS BRIDGEPORT

1057 BROAD ST
BRIDGEPORT,CT06604 		N/A PC Notre Dame summer program and their High School program at Sacred Heart University. 20,000

INSTITUTE OF CHRIST THE KING SOVEREIGN PRIEST INC

6415 S WOODLAWN AVE
CHICAGO,IL60637 		N/A PC To fund education, room and board for seminarians serving at Sts. Cyril's and Methodius Parish 20,000

LIVFREE INC

PO BOX 110211
TRUMBULL,CT06611 		N/A PC Moments of Joy project, which helps families fighting pediatric cancer 15,000

MCGIVNEY COMMUNITY CENTER INC

338 STILLMAN ST
BRIDGEPORT,CT06608 		N/A PC McGivney Summer Camp 25,000

MERCY LEARNING CENTER OF BRIDGEPORT INCORPORATED

637 PARK AVE
BRIDGEPORT,CT06604 		N/A PC Literacy and Life Skills Tutoring Program 50,000

NEW CANAAN COMMUNITY FOUNDATION INC

111 CHERRY ST
NEW CANAAN,CT06840 		N/A PC the New Canaan Parent Support Group 2,500

NEW CANAAN COMMUNITY FOUNDATION INC

111 CHERRY ST
NEW CANAAN,CT06840 		N/A PC The John and Ethel Kashulon Foundation fund 11,000

NEW CANAAN LIBRARY INC

151 MAIN ST
NEW CANAAN,CT06840 		N/A PC New Canaan Library Fund 25,000

NEW CANAAN NATURE CENTER ASSOCIATION INC

144 OENOKE RDG
NEW CANAAN,CT06840 		N/A PC Center's Haley Project, which brings low-income youth into an environment where they can connect to the natural world 20,000

NORTH RALEIGH MINISTRIES INC

9650 STRICKLAND RD STE 175
RALEIGH,NC27615 		N/A PC Health Food Pantry Expansion project, which helps families experiencing food insecurities 20,000

NORWALK HOUSING FOUNDATION INC

PO BOX 508
NORWALK,CT06856 		N/A PC College Scholarship Program 20,000

NOURISH BRIDGEPORT INC

PO BOX 1859
BRIDGEPORT,CT06601 		N/A PC to purchase food for insecure families, funds for farm, and food pantry funds for loading dock, located at 2200 North Ave, Bridgeport, CT 30,000

OPERATION SMILE INC

3641 FACULTY BLVD
VIRGINIA BEACH,VA23453 		N/A PC To help fund surgeries for cleft lip, cleft palate or other dental conditions 10,000

PATRONS OF THE TRUMBULL NATURE & ARTS CENTER

PO BOX 110438
TRUMBULL,CT06611 		N/A PC To help fund Environmental and STEM education field trips and in-school programs to benefit under served Connecticut youth 20,000

SHEPHERDS INC

PO BOX 1756
DARIEN,CT06820 		N/A PC To provide scholarships for six incoming freshmen at Kolbe Cathedral High School in Bridgeport, CT 30,000

SHRINERS HOSPITALS FOR CHILDREN

51 BLOSSOM ST
BOSTON,MA02114 		N/A PC To support treatment at the Shriners Hospitals for Children - Boston 15,000

SILVER HILL HOSPITAL INC

208 VALLEY RD
NEW CANAAN,CT06840 		N/A PC To help fund the hospital's Community Resilience Campaign 50,000

SS CYRIL & METHODIUS CHURCH

79 CHURCH ST
BRIDGEPORT,CT06608 		N/A PC General & Unrestricted 1,000

ST CATHERINE CENTER FOR SPECIAL NEEDS INC

760 TAHMORE DR
FAIRFIELD,CT06825 		N/A PC To help purchase a new van, for transportation to and from the Center for school and adult programs 20,000

ST JOHNS ROMAN CATHOLIC CHURCH

1986 POST RD
DARIEN,CT06820 		N/A PC Saint John Preschool - to help fund the modernization of preschool classrooms 80,000

ST JUDE CHILDRENS RESEARCH HOSPITAL INC

501 ST JUDES PL
MEMPHIS,TN38105 		N/A PC To support treatment of childhood cancer and other life-threatening disease 10,000

ST ALOYSIUS CHURCH CORPORATION

40 MAPLE ST
NEW CANAAN,CT06840 		N/A PC To help fund the church's Faith-Based Education Initiatives, including the creation of an innovative curriculum in grades pre-K through 6 100,000

STRATFORD EDUCATION FOUNDATION INC

210 PUMPKIN GROUND RD
STRATFORD,CT06614 		N/A PC The Dolly Parton's Imagination Library, in the name of the John and Ethel Kashulon Foundation, which helps to promote reading literacy of local children aged 0-5 5,000

SVMC HOLDINGS INC

2800 MAIN ST
BRIDGEPORT,CT06606 		N/A PC Medical Mission at Home program 50,000

THE CARVER INC

7 ACADEMY ST
NORWALK,CT06850 		N/A PC To help fund after school activities at the Carver Foundation's Bridgeport locations 35,000

THE CENTER FOR FAMILY JUSTICE INC

753 FAIRFIELD AVE
BRIDGEPORT,CT06604 		N/A PC To fund one additional prevention educator on the organization's staff 50,000

THE NEW CANAAN COMMUNITY YOUNG MENS CHRISTIAN ASSO

564 S AVE
NEW CANAAN,CT06840 		N/A PC To help find the organization's financial assistance program 50,000

THE SALVATION ARMY

30 ELM ST
BRIDGEPORT,CT06604 		N/A PC To help families living in Bridgeport overcome poverty and achieve stability 10,000

YOUNG MENS CHRISTIAN ASSOC OF GREENWICH

50 E PUTNAM AVE
GREENWICH,CT06830 		N/A PC Safety Around Water Program 20,000
Total .................................right arrow 3a 1,714,500
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 ........... 		    14 720  
4 Dividends and interest from securities ....     14 1,227,988  
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 ............ 		    18 985,853  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   2,214,561  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,214,561
(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

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule
Name:
The John and Ethel Kashulon Foundation
EIN:
82-2658347
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2024 InvestmentsCorpBondsSchedule
Name:
The John and Ethel Kashulon Foundation
EIN:
82-2658347
Name of Bond End of Year Book Value End of Year Fair Market Value
AMAZON COM - 5.200% - 12/03/20 101,713 100,529
AMERICAN ELEC PWR INC SER J NO 100,403 97,681
AMERICAN EXPRESS CO - 4.200% - 145,799 149,651
BANK AMER CORP - 4.450% - 03/0 401,688 398,324
BOEING CO - 5.705% - 05/01/204 100,416 99,986
CAPITAL ONE FINL - 3.750% - 07 98,138 98,147
CBS CORP - 4.000% - 01/15/2026 195,406 197,822
CITIGROUP INC NOTE - 4.400% - 100,877 99,699
CVS HEALTH CORP - 6.000% - 06/ 98,463 94,636
DOMINION ENERGY INC SER B NOTE 96,162 98,094
DOWDUPONT INC - 4.725% - 11/15 103,328 99,505
EDISON INTL - 4.125% - 03/15/2 47,011 48,496
GENERAL MTRS FINL CO - 4.000% 49,675 49,295
GLOBAL PMTS INC - 5.300% - 08/ 50,081 50,091
GOLDMAN SACHS GROUP - 4.250% - 96,399 99,449
HUMANA INC NOTE - 4.875% - 04/ 177,487 176,054
HUMANA INC NOTE - 4.950% - 10/ 105,022 102,036
INTEL CORP - 4.800% - 10/01/20 105,342 100,372
JEFFERIES FINANCIAL GROUP - 6. 104,877 102,594
KROGER CO NOTE CALL MAKE WHOLE 239,274 246,777
MICRON TECHNOLOGY INC - 5.327% 49,878 50,240
MORGAN STANLEY - 4.350% - 09/0 151,314 148,825
MORGAN STANLEY - 5.000% - 11/2 260,282 250,414
MYLAN NV - 3.950% - 06/15/2026 36,076 39,369
ORACLE CORP NOTE - 3.250% - 11 95,338 96,168
PHILIP MORRIS INTL INC NOTE - 143,786 144,573
ROPER TECHNOLOGIES INC - 3.850 196,161 198,204
TIME WARNER INC - 3.875% - 01/ 194,298 196,076
VERIZON COMMS - 4.329% - 09/21 96,991 98,122
WELLS FARGO CO - 4.100% - 06/0 217,298 217,636

TY 2024 InvestmentsCorpStockSchedule
Name:
The John and Ethel Kashulon Foundation
EIN:
82-2658347
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO 115,853 129,090
ABBVIE INC 197,289 355,400
ADVANCED MICRO DEVICES INC 305,013 289,896
AES CORP 104,596 70,785
AIR PRODS & CHEM INC 345,879 377,052
ALEXANDRIA REAL ESTATE EQUITIE 133,096 97,550
ALPHABET INC CL C 435,738 1,152,162
ALTRIA GROUP INC 358,887 295,439
AMAZON COM 554,600 1,053,072
AMERICAN BEACON SOUND POINT FL 387,495 313,832
AMERICAN ELECTRIC POWER INC 116,311 119,899
AMERICAN FDS, AMERICAN HIGH IN 247,737 236,799
AMERICAN FUNDS BALANCED PORT C 1,042,466 1,228,621
AMERICAN FUNDS GLOBAL GROWTH P 361,442 463,525
AMERICAN FUNDS GROWTH PORTFOLI 389,845 526,066
AMERICAN FUNDS SMALLCAP WORLD 152,433 130,091
APPLE INC 417,074 1,402,352
ASML HOLDING NV NY REG SHS 154,101 138,616
AT&T, INC 195,708 178,289
AUTODESK, INC 197,043 206,899
BANK OF AMERICA CORP 595,453 736,163
BARRICK GOLD CORPORATION 52,775 38,750
BERKSHIRE HATHAWAY INC. CLASS 202,191 226,640
BOEING CO 489,248 354,000
BP PLC SPONSORED ADR 182,471 133,020
BRISTOL-MYERS SQUIBB CO 318,306 311,080
CHEVRON CORP 501,300 513,458
CISCO SYSTEMS INC 448,552 592,000
CITIGROUP INC 304,770 351,950
CITIZENS FINANCIAL GROUP, INC 117,059 118,152
COMERICA INC 109,950 92,775
CONAGRA FOODS INC 166,131 138,750
CROWN CASTLE INTL 148,639 90,760
CVS CAREMARK CORP 188,904 112,225
DELL TECHNOLOGIES INC CLASS C 175,463 172,860
DOMINION ENERGY INC 189,724 175,045
DOW INC 485,852 373,209
DU PONT DE NEMOURS 211,468 235,155
DUKE ENERGY CO 121,152 150,836
EMERSON ELECTRIC CO 303,277 359,397
EVERSOURCE ENERGYINC 146,592 137,832
EXXON MOBIL CORP 546,816 704,584
FIDELITY ADVISOR REAL ESTATE I 308,054 294,977
FORTIVE CORPORATION 149,560 150,000
FRANKLIN CUSTODIAN FDS INC ADV 14,741 14,079
FRANKLIN FTSE INDIA ETF 100,584 123,175
FRANKLIN RES INC 207,556 202,900
GLOBAL PAYMENTS INC 174,818 123,266
GOLDMAN SACHS GROUP 133,723 286,310
GSK PLC 140,317 106,871
HONEYWELL INTL 248,827 307,210
ILLINOIS TOOL WORKS 50,257 81,139
INTEL CORP 815,506 320,800
JOHNSON & JOHNSON 986,320 911,106
JP MORGAN CHASE 526,373 934,869
KBW REGIONAL BANKING ETF 60,367 60,350
KINDER MORGAN INC 262,441 411,000
KRAFT HEINZ CO 69,430 61,420
MCDONALD'S CORP 1,993,731 3,467,083
MEDTRONIC PLC 534,459 455,316
MERCK & CO INC 436,881 537,192
MICROSOFT CORP 628,197 1,180,200
MORGAN STANLEY 269,458 502,880
NEUBERGER BERMAN MID CAP GROWT 28,267 22,835
NEW WORLD FUND, INC (F2) 128,896 150,589
PALO ALTO NETWORKS INC 190,645 382,116
PAYPAL HOLDINGS, INC 137,849 42,675
PEPSICO INC 358,060 396,877
PFIZER INC 681,744 437,745
PPL CORPORATION 135,630 146,070
PROCTER GAMBLE CO 385,080 777,058
QUALCOMM INC 259,750 307,240
RAYTHEON TECHNOLOGIES CORP 487,699 694,320
SCOTTS CO. CLASS A 96,665 46,438
SELECT SECTOR SPDR ENERGY FUND 76,023 97,652
SOLVENTUM CORPORATION 38,189 8,258
THE COCA-COLA CO 347,380 404,690
TOTALENERGIES SE 102,484 115,813
TRUIST FINANCIAL CORPORATION 308,278 321,012
UNITED PARCEL SERVICE 390,072 290,030
UNITEDHEALTH GROUP INC 123,377 126,465
US BANCORP 112,670 95,660
VANGUARD FTSE EUROPEAN ETF 151,293 165,022
VERIZON COMMUNICATIONS 490,674 359,910
VISA INC 516,381 837,506
VODAFONE GROUP PLC 158,183 48,648
W. P. CAREY INC 269,048 204,300
WAL-MART STORES INC 797,155 1,490,774
WALT DISNEY HOLDINGS CO 546,496 467,670
WELLS FARGO & CO 410,212 491,680

TY 2024 InvestmentsGovtObligationsSch
Name:
The John and Ethel Kashulon Foundation
EIN:
82-2658347
US Government Securities - End of Year Book Value:

394,647
US Government Securities - End of Year Fair Market Value:

396,835
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 OtherExpensesSchedule
Name:
The John and Ethel Kashulon Foundation
EIN:
82-2658347
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 40,722     40,722
Administrative Set-Up Fee 1,450     1,450
Bank Charges 470 470    
Digital Subscriptions 17     17
Indemnification Insurance 1,687     1,687
Office Supplies 70     70
Postage/Delivery Service 269     269
State or Local Filing Fees 25     25
Website Hosting/Support 149     149


TY 2024 OtherProfessionalFeesSchedule
Name:
The John and Ethel Kashulon Foundation
EIN:
82-2658347
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 258,711 258,711    
Website Development 50     50


TY 2024 TaxesSchedule
Name:
The John and Ethel Kashulon Foundation
EIN:
82-2658347
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2024 12,000      
990-PF Extension for 2023 400      
Foreign Tax Paid 2,144 2,144