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
ITTLESON FOUNDATION INC
C/O BESSEMER TRUST COMPANY NA
Number and street (or P.O. box number if mail is not delivered to street address)1271 AVE OF THE AMERICAS 42 FL
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10020
A Employer identification number

51-0172757
B Telephone number (see instructions)

(516) 508-9623
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$12,141,632J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 185,551 185,551  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 579,505
b Gross sales price for all assets on line 6a 4,117,822
7 Capital gain net income (from Part IV, line 2)... 579,505
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........ 765,056 765,056  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 210,000 110,000   100,000
14 Other employee salaries and wages...... 93,000 0   93,000
15 Pension plans, employee benefits....... 119,009 0   119,009
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
36,741 22,991   13,750
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
7,050 235   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 76,562 0   76,562
21 Travel, conferences, and meetings....... 13,811 0   13,811
22 Printing and publications.......... 172 0   172
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
37,668 0   37,668
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 594,013 133,226   453,972
25 Contributions, gifts, grants paid....... 186,000 186,000
26 Total expenses and disbursements. Add lines 24 and 25 780,013 133,226   639,972
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -14,957
b Net investment income (if negative, enter -0-) 631,830
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 137,880 275,702 275,702
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   4,255    
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) 1,668,451 Click to see attachment
List of Attached Documents:
// Content
1,754,244 		1,714,513
b Investments—corporate stock (attach schedule)....... 5,942,076 Click to see attachment
List of Attached Documents:
// Content
5,644,445 		9,113,191
c Investments—corporate bonds (attach schedule)....... 944,277 Click to see attachment
List of Attached Documents:
// Content
952,591 		948,226
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) Click to see attachment
List of Attached Documents:
// Content
90,000 		Click to see attachment
List of Attached Documents:
// Content
90,000 		Click to see attachment
List of Attached Documents:
// Content
90,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,786,939 8,716,982 12,141,632
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 230,000 175,000
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)......... 230,000 175,000
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........ 7,830,468 7,830,468
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 726,471 711,514
29 Total net assets or fund balances (see instructions)..... 8,556,939 8,541,982
30 Total liabilities and net assets/fund balances (see instructions). 8,786,939 8,716,982
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
8,556,939
2
Enter amount from Part I, line 27a .....................
2
-14,957
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
8,541,982
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,541,982
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 BESSEMER TRUST 72G089   2023-05-29 2024-12-05
b BESSEMER TRUST 72G089   2015-10-09 2024-10-24
c BESSEMER TRUST 72G673   2023-05-03 2024-11-14
d BESSEMER TRUST 72G673   2019-12-16 2024-12-11
e Capital Gains Dividends P    
(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 131,228   132,356 -1,128
b 1,103,067   804,831 298,236
c 1,457,092   1,432,212 24,880
d 1,140,230   1,168,918 -28,688
e 286,205     286,205
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       -1,128
b       298,236
c       24,880
d       -28,688
e       286,205
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 2 579,505
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 8,782
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 8,782
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 8,782
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 7,203
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 7,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 14,203
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 5,421
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow5,421 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
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 arrowwww.ittlesonfoundation.org
14
The books are in care ofright arrowBESSEMER TRUST Telephone no.right arrow (516) 508-9623

Located atright arrow1271 AVENUE OF THE AMERICAS 42 FLNEW YORKNY ZIP+4right arrow10020
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
H ANTHONY ITTLESON CHAIRMAN & PRESIDENT
10.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
PAMELA L SYRMIS VICE PRESIDENT
1.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
VICTOR TALBOT DIRECTOR
1.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
PHILIP ITTLESON DIRECTOR
1.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
CHRISTINA ITTLESON SMITH DIRECTOR
1.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
ANTHONY C WOOD SECRETARY/EXEC DIRECTOR
35.00 		210,000 16,800 0
ITTLESON FDN 15 EAST 67TH STREET
NEW YORK,NY10021
STEPHANIE ITTLESON DIRECTOR
1.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
ANDREW AUCHINCLOSS TREASURER
1.00 		0 0 0
C/O BESSEMER TRUST 1271 AVE OF THE
AMERICAS 42 FL
NEW YORK,NY10020
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
MAUREEN M BRACKEN EMPLOYEE
35.00 		93,000 7,440 0
ITTLESON FD 15 E 67TH ST
NEW YORK,NY10021
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
11,737,755
b
Average of monthly cash balances.......................
1b
60,485
c
Fair market value of all other assets (see instructions)................
1c
90,000
d
Total (add lines 1a, b, and c).........................
1d
11,888,240
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
11,888,240
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
178,324
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
11,709,916
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
585,496
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
585,496
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
8,782
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
8,782
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
576,714
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
576,714
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
576,714
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
639,972
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
639,972
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 7 576,714
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 298,347
b From 2020...... 305,984
c From 2021...... 225,863
d From 2022...... 240,258
e From 2023...... 413,531
f Total of lines 3a through e ........ 1,483,983
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 639,972
a Applied to 2023, but not more than line 2a 0
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..... 576,714
e Remaining amount distributed out of corpus 63,258
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 1,547,241
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 .......... 		0
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) ... 		298,347
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		1,248,894
10 Analysis of line 9:
a Excess from 2020.... 305,984
b Excess from 2021.... 225,863
c Excess from 2022.... 240,258
d Excess from 2023.... 413,531
e Excess from 2024.... 63,258
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
ANTHONY C WOOD ITTLESON FOUNDATION
15 EAST 67 STREET
NEW YORK,NY10021
(212) 794-2008
bThe form in which applications should be submitted and information and materials they should include:
BRIEF STATEMENT OF PROJECT, BUDGET, ANNUAL REPORT AND IRS SECTION 501(c)(3) RULING
cAny submission deadlines:
INITIAL LETTERS OF INQUIRY MUST BE RECEIVED BEFORE SEPTEMBER 1.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NO GRANTS MADE TO INDIVIDUALS,PROGRAMS OUTSIDE THE UNITED STATES OF AMERICA, FELLOWSHIPS OR GRANTS-IN-AID.
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

ALONGSIDE NETWORK

4817 ELLIOT AVENUE
MINNEAPOLIS,MN55417 		NONE EXEMPT CAPACITY BUILDING 10,000

CANDID - MEMBERSHIP GRANT

32 OLD SLIP 24TH FLOOR
NEW YORK,NY10005 		NONE EXEMPT GENERAL EXEMPT PURPOSES 2,000

DRAYTON HALL PRESERVATION

3380 ASHLEY RIVER ROAD
CHARLESTON,SC29414 		NONE EXEMPT GENERAL EXEMPT PURPOSES 2,500

ENVIRONMENTAL GRANTMAKERS - MEMBERSHIP GRANT

475 RIVERSIDE DRIVE SUITE 960
NEW YORK,NY10115 		NONE EXEMPT GENERAL EXEMPT PURPOSES 2,100

EVERMORE

2101 L STREET NW SUITE 300
WASHINGTON,DC20037 		NONE EXEMPT GENERAL EXEMPT PURPOSES 35,000

FRACTURED ATLAS INC

228 PARK AVENUE SOUTH 56651
NEW YORK,NY10003 		NONE EXEMPT ICARUS ARCHIVE PROJECT 35,000

FUNDERS CONCERNED ABOUT AIDS - MEMBERSHIP GRANT

1100 CANNECTICUT AVENUE NW SUITE
1100
WASHINGTON,DC20036 		NONE EXEMPT GENERAL EXEMPT PURPOSES 500

GREAT PLAINS RESTORATION COUNCIL

PO BOX 1206
FORT WORTH,TX76101 		NONE EXEMPT GREAT PLAINS CONSERVATION AND RECREATION AREA 30,000

MD ANDERSON CANCER CENTER

7007 BERTNER AVENUE STE 10
HOUSTON,TX77030 		NONE EXEMPT 2023 CHECK VOIDED IN 2024 -100,000

NEW YORK CITY AUDUBON SOCIETY INC

71 WEST 23RD STREET SUITE 1523
NEW YORK,NY10010 		NONE EXEMPT SUPPORT 25 YEARS SAFE FLIGHT BIRD 12/27 FRIENDLY SITES 25,000

NEW YORK PRESERVATION ARCHIVE PROJECT

174 E 80TH STREET
NEW YORK,NY10075 		NONE EXEMPT GENERAL EXEMPT PURPOSE 20,000

OKAYSO

151 BROOK STREET - F12
PROVIDENCE,RI02906 		NONE EXEMPT GENERAL EXEMPT PURPOSE 25,000

PHILANTHROPY NEW YORK - MEMBERSHIP GRANT

320 E 43RD STREET
NEW YORK,NY10017 		NONE EXEMPT GENERAL EXEMPT PURPOSE 1,400

RESPONSE CRISIS TRANSLATION

555 BARTLETT STREET UNIT 310
SAN FRANCISCO,CA94110 		NONE EXEMPT GENERAL EXEMPT PURPOSE 1,500

SHELBURNE FARMS

1611 HARBOR ROAD
SHELBURNE,VT05482 		NONE EXEMPT GENERAL EXEMPT PURPOSE 1,000

SOUTHAMPTON CULTURAL CENTER

25 POND LANE
SOUTHAMPTON,NY11968 		NONE EXEMPT SUPPORT COMEDY 4 KIDS! 20,000

THE MERIDIAN INSTIUTUE

PO BOX 1829
DILLION,CO80435 		NONE EXEMPT REUSE REFILL ACTION FORUM 15,000

WESTERN MASS TRAINING CONSORTIUM

187 HIGH STREET SUITE 202
HOLYOKE,MA01040 		NONE EXEMPT FOR WILDFLOWER ALLIANCE 35,000

WIKITONGUES

175 PEARL STREET FLOORS 1-3
BROOKLYN,NY11201 		NONE EXEMPT SAVE KNOWLEDGE THROUGH LANGUAGES 25,000
Total .................................right arrow 3a 186,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 185,551  
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 ............ 		    18 579,505  
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) .. 0 765,056 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
765,056
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 InvestmentsCorpBondsSchedule
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
Name of Bond End of Year Book Value End of Year Fair Market Value
25000.00 CHARLES SCHWAB CORP 24,927 23,864
24000.00 TRUIST FINANCIAL CORP 24,020 24,379
30000.00 PAYPAL HOLDINGS INC 25,705 27,413
13000.00 JPMORGAN CHASE & CO 13,067 11,805
26000.00 ELEVANCE HEALTH INC 26,028 25,755
25000.00 SOUTHWEST AIRLINES CO 24,885 25,130
25000.00 PUBLIC STORAGE 25,035 22,497
26000.00 GENERAL MOTORS FINL CO 25,988 26,289
25000.00 BROADCOM INC 25,002 25,093
25000.00 ENERGY TRANSFER LP 25,002 25,964
26000.00 PACIFIC GAS & ELECTRIC 26,254 26,421
25000.00 WILLIAMS COMPANIES INC 23,182 24,359
25000.00 DTE ENERGY CO 25,186 25,096
25000.00 COREBRIDGE FINANCIAL INC 25,120 25,465
14000.00 JPMORGAN CHASE & CO 14,010 13,629
25000.00 FIFTH THIRD BANCORP 26,228 25,926
25000.00 CAPITAL ONE FINANCIAL CO 25,000 25,822
25000.00 BANK OF AMERICA CORP 25,045 24,523
25000.00 BANK OF NY MELLON CORP 25,016 23,542
28000.00 PUBLIC SERVICE ENTERPRIS 28,526 28,881
25000.00 GEORGIA POWER CO 24,972 24,593
25000.00 HUNTINGTON BANCSHARES 25,032 25,001
25000.00 CITIGROUP INC 25,718 24,203
25000.00 GOLDMAN SACHS GROUP INC 24,982 24,488
25000.00 AMERICAN TOWER CORP 25,175 24,851
25000.00 BP CAP MARKETS AMERICA 24,923 24,121
24000.00 MORGAN STANLEY 25,224 23,876
25000.00 MARSH & MCLENNAN COS INC 24,893 24,696
30000.00 MICROCHIP TECHNOLOGY INC 30,018 29,897
10000.00 TOYOTA MOTOR CREDIT CORP 10,237 10,152
27000.00 FLORIDA POWER & LIGHT CO 26,737 26,731
25000.00 SOUTHERN CAL EDISON 25,039 25,593
25000.00 L3HARRIS TECH INC 25,006 25,033
25000.00 DIAMONDBACK ENERGY INC 25,495 25,048
25000.00 CISCO SYSTEMS INC 25,117 25,082
30000.00 AIR LEASE CORP 29,724 30,757
25000.00 BHP BILLITON FIN USA LTD 24,866 25,235
22000.00 PFIZER INVESTMENT ENTER 22,065 21,807
26000.00 SUMITOMO MITSUI FINL GRP 24,142 25,209

TY 2024 InvestmentsCorpStockSchedule
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
Name of Stock End of Year Book Value End of Year Fair Market Value
116.00 LIVE NATION ENTERTMNT INC 9,149 15,022
525.00 ALPHABET INC CLASS C 19,840 99,981
210.00 TAKE-2 INTERACTIVE 27,068 38,656
131.00 META PLATFORMS INC 28,752 76,701
38.00 LVMH MOET HENNESSY VUITTON 22,412 25,088
14.00 O'REILLY AUTO INC NEW 15,085 16,601
16.00 MERCADOLIBRE INC 18,853 27,207
203.00 DOLLARAMA INC 5,779 19,785
13.00 POOL CORP 4,513 4,432
3.00 AUTOZONE INC 7,644 9,606
500.00 AMAZON.COM INC 29,274 109,695
120.00 HILTON WORLDWIDE HOLDINGS 12,177 29,659
112.00 WYNDHAM HOTELS & RESORTS 9,533 11,288
95.00 LOWES COS INC 20,002 23,446
27.00 COSTCO WHSL CORP NEW 13,007 24,739
570.00 ALIMENTATION COUCHE-TARD I 28,150 31,572
191.00 BJ'S WHOLESALE CLUB HOLDIN 11,721 17,065
375.00 US FOODS HOLDING CORP 9,582 25,297
436.00 WALMART INC 20,650 39,392
62625.17 OW CREDIT INCOME FUND 620,255 491,023
745.00 SCHLUMBERGER LTD 39,748 28,563
43.00 SPDR S&P OIL & GAS EXPLORA 5,815 5,691
370.00 CONOCOPHILLIPS 24,685 36,692
275.00 RYAN SPECIALTY HOLDNGS INC 12,762 17,644
131.00 APOLLO GLOBAL MANAGEMENT I 20,414 21,635
240.00 JPMORGAN CHASE & CO 34,223 57,530
508.00 BROOKFIELD CORPORATION 22,466 29,184
220.00 FISERV INC 34,383 45,192
164.00 TRADEWEB MARKETS INC 11,003 21,470
267.00 VISA INC 22,868 84,382
55.00 WEX INC 6,322 9,642
63.00 MSCI INC 36,766 37,800
259.00 NASDAQ INC. 9,400 20,023
315.00 INTERCONTINENTAL EXCHG INC 33,101 46,938
1140.00 BANK OF AMERICA CORP 31,556 50,103
75.00 SPDR S&P REGIONAL BK ETF 5,038 4,526
43.00 S&P GLOBAL INC. 11,197 21,415
112.00 UNITEDHEALTH GROUP INC 32,313 56,656
67.00 THERMO FISHER SCIENTIFIC 13,643 34,855
125.00 CENCORA INC 22,043 28,085
96.00 STERIS PLC 12,853 19,733
19.00 IDEXX LABS CORP 8,236 7,855
48.00 MEDPACE HOLDINGS 13,898 15,947
151.00 COOPER COS INC/THE 8,587 13,881
157.00 DANAHER CORP 27,713 36,039
58.00 MCKESSON CORP 31,498 33,054
783.00 AVANTOR INC 19,804 16,497
33.00 SAIA INC COM 13,161 15,039
485.00 TRANSUNION 32,138 44,964
47.00 NORTHROP GRUMMAN CORP 18,142 22,056
370.00 ASHTEAD GROUP 24,577 22,994
290.00 HOWMET AEROSPACE INC 9,909 31,717
121.00 BOOZ ALLEN HAMILTON HLDGS 12,677 15,572
60.00 EQUIFAX INC 8,515 15,291
285.00 COPART INC 7,881 16,356
337.00 WILLSCOT HOLDINGS CORP 15,752 11,272
46.00 OLD DOMINION FREIGHT 10,132 8,114
45.00 BUILDERS FIRSTSOURCE INC 9,098 6,431
88.00 CLEAN HARBORS INC 11,994 20,252
87.00 BWX TECHNOLOGIES INC 7,837 9,690
39.00 CARLISLE COS 7,633 14,384
56.00 EATON CORP PLC 7,922 18,584
280.00 CORE & MAIN INC 12,958 14,254
325.00 FORTINET INC 22,951 30,706
335.00 MICROSOFT CORP 21,310 141,202
955.00 NVIDIA CORP 22,775 128,246
27.00 ASML HOLDING 12,561 19,037
10.00 ASM INTERNATIONAL NV 2,991 5,805
808.00 CCC INTELLIGENT SOLUTIONS 9,350 9,477
95.00 CDW CORP/DE 12,377 16,533
117.00 KEYSIGHT TECHNOLOGIES INC 18,128 18,793
9.00 CONSTELLATION SOFTWARE 23,693 27,794
80.00 GARTNER INC CL A 29,680 38,757
526.00 APPLE INC 19,098 131,720
83.00 NXP SEMICONDUCTORS NV 20,813 17,251
97.00 ENTEGRIS INC 12,524 9,608
111.00 APPLIED MATERIALS 18,860 18,051
65.00 MANHATTAN ASSOCIATES INC 12,187 17,565
150.00 BROADCOM INC 24,593 34,776
95.00 NICE LTD ADR 16,273 16,134
370.00 MARVELL TECHNOLOGY INC 16,507 40,866
93.00 MOTOROLA SOLUTIONS INC 24,453 42,987
226806.86 OW LARGE CAP STRATEGIES FD 2,246,327 4,497,580
210.00 CRH PLC 14,310 19,429
88.00 PROLOGIS INC 9,655 9,301
119.00 CBRE GROUP INC 15,647 15,623
48.00 SBA COMMUNICATIONS CORP 10,248 9,782
94805.75 OW SMALL & MIDCAP STRAT FD 1,261,131 1,516,891
300.00 AMEREN CORP 20,490 26,742
310.00 NEXTERA ENERGY INC 23,754 22,223
80.00 UTILITIES SELECT SECT SPDR 5,652 6,055

TY 2024 InvestmentsGovtObligationsSch
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
US Government Securities - End of Year Book Value:

1,754,244
US Government Securities - End of Year Fair Market Value:

1,714,513
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 OtherAssetsSchedule
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
KEY MAN LIFE INSURANCE 90,000 90,000 90,000


TY 2024 OtherExpensesSchedule
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MOBILE PHONE EXPENSE 1,849 0   1,849
NEW YORK STATE FILING FEE 750 0   750
FOUNDANT SOFTWARE SUBSCRIPTION 9,350 0   9,350
CLEANING SERVICE 3,850 0   3,850
OFFICE SUPPLIES & EQUIPMENT - OTHER 11,898 0   11,898
POSTAGE 1,186 0   1,186
TELEPHONE AND INTERNET SERVICE 5,018 0   5,018
MISCELLANEOUS 706 0   706
INSURANCE EXPENSES 3,061 0   3,061


TY 2024 OtherProfessionalFeesSchedule
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 22,987 22,987   0
FINANCIAL SERVICES FEE 13,750 0   13,750
ADR FEES 4 4   0


TY 2024 TaxesSchedule
Name:
ITTLESON FOUNDATION INC
 
C/O BESSEMER TRUST COMPANY NA
EIN:
51-0172757
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID IN EXCESS 315 0   0
FOREIGN TAXES PAID 235 235   0
FEDERAL EXCERISE TAX 6,500 0   0