TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2024

Open to Public Inspection

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

Name of foundation
THE ELIZABETH & BARETS O BENJAMIN
CHARITABLE FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)CO SASS 210 PARK AVENUE 2ND FLOOR
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
FLORHAM PARK, NJ07932

A Employer identification number

22-3390586

B Telephone number (see instructions)

(973) 302-9700

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$14,107,376J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	150,014		150,014
4	Dividends and interest from securities...	121,024		120,495
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		334,372
b	Gross sales price for all assets on line 6a 3,240,101
7	Capital gain net income (from Part IV, line 2)...			334,372
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........	605,410		604,881
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	6,700	0	6,700
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	200	200	0
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	131,360	82,596	48,764
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	9,755	1,755	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	294	64	230
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	148,309		84,615	55,694
25	Contributions, gifts, grants paid.......	634,500			634,500
26	Total expenses and disbursements. Add lines 24 and 25	782,809		84,615	690,194
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-177,399
b	Net investment income (if negative, enter -0-)			520,266
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2024)

Form 990-PF (2024)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1
	2	Savings and temporary cash investments.........	452,579	42,272	42,272
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	348,805	List of Attached Documents: // Content 1,032,961	1,003,514
	b	Investments—corporate stock (attach schedule).......	4,521,793	List of Attached Documents: // Content 4,742,554	9,871,195
	c	Investments—corporate bonds (attach schedule).......	3,952,130	List of Attached Documents: // Content 3,278,627	3,184,065
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 4,835	List of Attached Documents: // Content 6,330	List of Attached Documents: // Content 6,330
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	9,280,143	9,102,744	14,107,376
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	9,280,143	9,102,744
	29	Total net assets or fund balances (see instructions).....	9,280,143	9,102,744
	30	Total liabilities and net assets/fund balances (see instructions).	9,280,143	9,102,744

Part III

Analysis of Changes in Net Assets or Fund Balances

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

9,280,143

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

-177,399

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

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

9,102,744

Decreases not included in line 2 (itemize) right arrow

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

9,102,744

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
1 a	PUBLICLY TRADED SECURITIES	P
b	PUBLICLY TRADED SECURITIES	P
c	PUBLICLY TRADED SECURITIES	P
d	PUBLICLY TRADED SECURITIES	P
e	PUBLICLY TRADED SECURITIES	P
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	153,804	175,550	-21,746
b	2,551,549	2,284,772	266,777
c	100,307	105,824	-5,517
d	389,286	294,583	94,703
e	45,000	45,000	0
	155		155

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-21,746
b			266,777
c			-5,517
d			94,703
e			0
			155

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	334,372
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	7,232
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	7,232
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	7,232
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	5,502
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	5,500
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	11,002
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	1
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	3,769
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax3,769	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

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

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

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

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

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

Yes

Website address right arrow

NONE

The books are in care of right arrow

SHERMAN ATLAS SYLVESTER STAMELMAN Telephone no. right arrow

(973) 302-9700

Located at right arrow

210 PARK AVENUE 2ND FLOORFLORHAM PARKNJ ZIP+4 right arrow

07932

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

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

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

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

16 No

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

Form 990-PF (2024)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

If "Yes," list the years right arrow

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2024)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
MARY R LASSER	PRESIDENT EMERITUS 0.25	0	0	0
333 ELMWOOD AVENUE MAPLEWOOD,NJ07040	PRESIDENT EMERITUS 0.25	0	0	0
PETER LASSER	PRESIDENT 2.00	0	0	0
2628 WINDING LANE ATLANTA,GA30319	PRESIDENT 2.00	0	0	0
ANDREW STAMELMAN ESQ	TREASURER 2.00	0	0	0
210 PARK AVENUE 2ND FLOOR FLORHAM PARK,NJ07932	TREASURER 2.00	0	0	0
JULIA WATT-ROSENFELD	VICE PRESIDENT 0.25	0	0	0
163 OCEAN AVENUE 3E BROOKLYN,NY11225	VICE PRESIDENT 0.25	0	0	0
VICKI RUDNITSKY	TRUSTEE 0.25	0	0	0
3852 ALAMANDA DRIVE SARASOTA,FL34238	TRUSTEE 0.25	0	0	0
MADELEINE LASSER	SECRETARY 0.25	0	0	0
4418 SPRUCE STREET APT L4 PHILADELPHIA,PA19104	SECRETARY 0.25	0	0	0
JESSE ROSENFELD	TRUSTEE 0.25	0	0	0
748 KING STREET RYE BROOK,NY10573	TRUSTEE 0.25	0	0	0

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


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









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

Form 990-PF (2024)

Page 7

Part VII

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

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
1919 INVESTMENT COUNSEL LLC	INVESTMENT MANAGEMENT AND ADMINISTRATION	61,988
2 LOGAN SQUARE SUITE 1850 PHILADELPHIA,PA19103	INVESTMENT MANAGEMENT AND ADMINISTRATION	61,988
THE PHILANTHROPIC INITIATIVE	CHARITABLE PLANNING	48,764
75 ARLINGTON STREET SUITE 710 BOSTON,MA02116	CHARITABLE PLANNING	48,764

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

Part VIII-A

Summary of Direct Charitable Activities

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2024)

Page 8

Part IX

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

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

purposes:

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

13,342,551

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

19,531

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

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

13,362,082

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

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

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

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

13,362,082

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

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

200,431

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

13,161,651

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

658,083

Part X

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

and do not complete this part.)

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

658,083

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

7,232

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

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

7,232

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

650,851

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

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

650,851

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

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

650,851

Part XI

Qualifying Distributions (see instructions)

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

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

690,194

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

690,194

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					650,851
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......
b From 2020......	71,808
c From 2021......
d From 2022......	74,298
e From 2023......	76,274
f Total of lines 3a through e ........		222,380
4Qualifying distributions for 2024 from Part
XI, line 4: $ 690,194
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.....					650,851
e Remaining amount distributed out of corpus		39,343
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		261,723
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) ...		0
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		261,723
10 Analysis of line 9:
a Excess from 2020....	71,808
b Excess from 2021....
c Excess from 2022....	74,298
d Excess from 2023....	76,274
e Excess from 2024....	39,343

Form 990-PF (2024)

Page 10

Part XIII

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

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

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

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

MARY R LASSER

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

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

Check here right arrow

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

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

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

cAny submission deadlines:

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

Form 990-PF (2024)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BENJAMIN SCHOLARSHIP FUND 301 W ATLANTIC AVENUE SUITE 05 DELRAY BEACH DELRAY BEACH,FL33444	NONE	PC	FOR OPERATIONS	58,500
THE BOSTON FOUNDATION 75 ARLINGTON ST 1000 BOSTON,MA02116	NONE	PC	FOR OPERATIONS	229,000
THE PHILANTHROPIC INITIATIVE 420 BOYLSTON STREET BOSTON,MA02116	NONE	PC	FOR OPERATIONS	347,000
Total ................................. 3a				634,500

bApproved for future payment

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

Form 990-PF (2024)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	150,014
4 Dividends and interest from securities ....			14	121,024
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	334,372
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		605,410	0

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

605,410

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2024)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

THE ELIZABETH & BARETS O BENJAMIN

CHARITABLE FOUNDATION INC

EIN:

22-3390586

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ASH & PARSONT LLP	0	0		0
TAX PREPARATION DOCUMENT	200	200		0

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

THE ELIZABETH & BARETS O BENJAMIN

CHARITABLE FOUNDATION INC

EIN:

22-3390586

Name of Bond	End of Year Book Value	End of Year Fair Market Value
50,000 COCA COLA CO/THE 1.45% 6/01/27	49,940	46,680
45,000 GILEAD SCIENCES INC 1.2% 10/01/27	44,961	41,026
80,000 AT&T INC 1.65% 2/01/28	79,899	72,746
60,000 CELGENE CORP 3.9% 2/20/28	59,485	58,711
65,000 LOWE'S COS INC 1.3% 4/15/28	64,954	58,108
40,000 GEN MTRS FINL CO 2.9% 2/26/25	39,950	39,856
30,000 INTEL CORP 3.4% 3/25/25	29,954	29,896
50,000 QUALCOMM INC 3.45% 5/20/25	49,628	49,794
45,000 HP INC 2.2% 6/17/25	44,896	44,442
45,000 PROCTER & GAMBLE CO 0.55% 10/29/25	44,927	43,602
50,000 MICROSOFT CORP 3.125% 11/03/25	50,358	49,478
50,000 EXXON MOBIL CORP 3.043% 3/01/26	50,415	49,214
40,000 WELLTOWER INC 2.7% 2/15/27	39,957	38,446
45,000 PROLOGIS LP 2.125% 4/15/27	44,779	42,633
100,000 ABBVIE INC 4.25% 11/14/28	103,889	98,474
75,000 BOSTON PPTYS LP 4.5% 12/01/28	73,257	72,979
35,000 AT&T INC 4.35% 3/01/29	34,828	34,242
35,000 BLACKROCK INC 3.25% 4/30/29	34,716	33,064
45,000 AVANGRID INC 3.8% 6/01/29	44,936	42,645
60,000 UNITEDHEALTH GROUP 2.875% 8/15/29	60,650	55,154
95,000 HOST HOTELS 3.375% 12/15/29	94,257	86,910
45,000 HALLIBURTON CO 2.92% 3/01/30	44,988	40,496
50,000 VERIZON 1.75% 1/20/31	49,773	41,203
45,000 BK OF NY MELLON MTN 1.6% 4/24/25	44,983	44,564
100,000 WELLS FARGO & CO MTN 3.55% 9/29/25	100,345	99,194
45,000 PRUDENTIAL FINL MTN 1.5% 3/10/26	44,859	43,411
45,000 CITIGROUP INC V/R 4/08/26	45,000	44,783
40,000 JPMORGAN CHASE & CO V/R 1/29/27	40,000	39,689
70,000 INTL BK RECON 3.125% 11/20/25	69,612	69,191
70,000 NUTRIEN LTD 4.2% 4/01/29	68,587	67,890
95,000 TORONTO-DOMINION BK 1.15% 6/12/25	95,060	93,550
45,000 WALMART INC 1.5% 9/22/28	44,952	40,426
65,000 AUTODESK INC 2.4% 12/15/31	64,365	54,611
45,000 CINTAS CORP 3.45% 5/1/25	44,990	44,788
100,000 TARGET CORP 4.5% 9/15/32	97,105	96,663
60,000 COMCAST CORP 5.5% 11/15/32	60,570	61,484
70,000 BK OF N S 1.95% 2/02/27	69,969	66,154
45,000 AMGEN 5.25% 3/2/33	44,969	44,668
45,000 BANK OF AMERICA 6.4062% 9/15/26	44,442	45,064
50,000 BLACKROCK 4.75% 5/25/33	49,308	48,960
35,000 DUKE ENERGY 4.95% 1/15/33	34,620	34,418
40,000 ELEVANCE HEALTH 2.875% 9/15/29	39,952	36,383
65,000 ELEVANCE HEALTH 5.5% 10/15/32	67,724	65,631
60,000 HOME DEPOT 4.5% 9/15/32	59,096	58,387
45,000 INTUIT 5.2% 9/15/33	44,740	45,090
100,000 JABIL 4.25% 5/15/27	95,070	98,615
45,000 M&T BANK 7.413% 10/30/29	45,000	48,237
60,000 META PLATFORMS 4.95% 5/15/33	59,885	60,084
45,000 NISOURCE 5.4% 6/30/33	44,832	45,045
45,000 PFIZER INVESTMENT 4.75% 5/19/33	44,933	43,585
65,000 PNC FINANCIAL 5.068% 1/24/34	65,000	63,324
65,000 REALTY INCOME 4.85% 3/15/30	64,206	64,591
65,000 TOYOTA MOTOR CR CORP 1.125% 6/18/26	64,971	61,905
50,000 BANK MONTREAL MEDIUM 9/10/30	50,000	49,040
45,000 M&T BK CORP 3/13/32	45,000	46,130
45,000 JEFFERIES FINANCIAL GROUP 4/14/34	44,473	46,376
45,000 DELL INTL LLC 4/15/34	44,711	44,892
50,000 KROGER CO 9/15/34	49,920	48,426
50,000 BOSTON PPTYS LTD 1/15/35	49,981	49,017

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

THE ELIZABETH & BARETS O BENJAMIN

CHARITABLE FOUNDATION INC

EIN:

22-3390586

Name of Stock	End of Year Book Value	End of Year Fair Market Value
HERSHEY CO-321 SHS	46,147	54,361
CINTAS CORP-384 SHS	11,206	70,157
INTUITIVE SURGICAL INC-53 SHS	10,649	27,664
UNITEDHEALH GROUP INC-301 SHS	13,459	152,264
TJX COMPANIES INC-1,138 SHS	23,954	137,482
AMAZON.COM INC-1,700 SHS	111,046	372,963
MERCADOLIBRE INC-15 SHS	8,627	25,507
MICROSOFT CORP-1,363 SHS	146,067	574,505
SALESFORCE COM INC-425 SHS	57,302	142,090
PALO ALTO NETWORKS INC-798 SHS	33,192	145,204
SERVICENOW INC-140 SHS	66,467	148,417
DANAHER CORP-272 SHS	9,682	62,438
TESLA INC-160 SHS	12,073	64,614
HONEYWELL INTERNATIONAL INC-320 SHS	44,803	72,285
APPLE INC-2,542 SHS	169,407	636,568
INTUIT INC-171 SHS	18,365	107,474
NVIDIA CORP-4,870 SHS	64,635	653,992
HEICO CORP CL A-522 SHS	48,348	97,134
UNION PACIFIC CORP-373 SHS	19,262	85,059
BANK OF AMERICA CORP-2,245 SHS	49,465	98,668
JP MORGAN CHASE & CO-523 SHS	36,277	125,368
VISA INC-CLASS A SHARES-544 SHS	24,484	171,926
EQUINIX INC-34 SHS	27,459	32,058
NEXTERA ENERGY INC-1,230 SHS	52,314	88,179
VANGUARD SMALL CAP-3,832 SHS	580,489	920,753
VANGUARD FTSE EMERGING MARKETS ETF-7,600 SHS	458,204	436,316
PROLOGIS INC-473 SHS	25,452	49,996
ALPHABET INC-CL C-1,464 SHS	14,661	278,804
CLOUDFLARE INC-CLASS A-226 SHS	12,824	24,336
ALPHABET INC/CA-CL A-1,059 SHS	26,994	200,469
UBER TECHNOLOGIES INC-351 SHS	11,378	21,172
AMERICAN WATER WORKS-390 SHS	8,704	48,551
AON PLC-214 SHS	49,259	76,860
EATON CORP PLC-425 SHS	37,330	141,045
LINDE PLC-271 SHS	66,138	113,460
CHUBB LTD-270 SHS	27,146	74,601
VALERO ENERGY INCA-714 SHS	58,488	87,529
STEEL DYNAMICS-314 SHS	15,904	35,818
THERMO FISHER-216 SHS	12,090	112,370
ADVANCED DRAINAGE SYSTEMS-226 SHS	25,406	26,126
ELI LILLY-263 SHS	80,164	203,036
NETFLIX-216 SHS	79,451	192,525
CHIPOTLE-1,450 SHS	39,806	87,435
COSTCO WHOLESALE-68 SHS	9,503	62,306
AIRBNB INC - CLASS A-130 SHS	18,164	17,083
HOME DEPOT-478 SHS	36,449	185,937
TREX INC-498 SHS	38,364	34,377
OLD DOMINION FGHT LINE INC-190 SHS	29,517	33,516
M&T BANK CORP-324 SHS	55,285	60,915
REINSURANCE GROUP OF AMERICA INC-454 SHS	62,640	96,988
PALANTIR TECHNOLOGIES INC-562 SHS	7,990	42,504
ASTRAZENECA PLC SPONS ADR-479 SHS	30,512	31,384
SHELL PLC ADR-516 SHS	27,262	32,327
AXON ENTERPRISE-54 SHS	10,234	32,093
BOSTON SCIENTIFIC-1,108 SHS	58,592	98,966
BROADCOM-813 SHS	85,164	188,486
META PLATFORMS-426 SHS	142,825	249,427
S&P GLOBAL-149 SHS	62,522	74,206
SHOPIFY-246 SHS	17,376	26,157
SNOWFLAKE-178 SHS	27,509	27,485
STRYKER-206 SHS	56,575	74,170
SYMBOTIC-216 SHS	8,051	5,121
WORKDAY-380 SHS	86,898	98,051
ABBOTT LABORATORIES-274 SHS	31,265	30,992
ABBVIE INC COM-371 SHS	61,766	65,927
ADOBE INC COM-139 SHS	69,338	61,810
AMGEN INC-101 SHS	31,292	26,325
BERKSHIRE HATHAWAY INC-165 SHS	69,717	74,791
BLACKROCK INC-43 SHS	37,069	44,080
BLOOM ENERGY CORP COM-648 SHS	12,990	14,392
BOEING CO-126 SHS	19,735	22,302
COSTAR GROUP INC-162 SHS	14,440	11,597
EXXON MOBIL CORP COM-627 SHS	57,738	67,446
GE AEROSPACE COM NEW-218 SHS	39,264	36,360
GOLDMAN SACHS GROUP INC-65 SHS	39,222	37,220
INTERNATIONAL EXCHANGE INC COM-104 SHS	14,346	15,497
MARSH & MCLENNAN COMPANIES INC-165 SHS	33,379	35,048
MASTERCARD INCORPORATED-143 SHS	66,767	75,300
MERCK & CO INC COM-395 SHS	47,312	39,295
NEXTRACKER INC CLASS A COM-320 SHS	13,723	11,690
NOVO NORDISK A/S ADR-438 SHS	49,869	37,677
PARKER-HANNIFIN CORP-125 SHS	74,099	79,504
PEPSICO INC-426 SHS	74,630	64,777
PROCTER AND GAMBLE CO-410 SHS	64,693	68,736
PROGRESSIVE CORP COM-69 SHS	14,201	16,533
QUALCOMM INC-353 SHS	76,419	54,228
QUANTA SERVICES COM-53 SHS	14,103	16,751
RTX CORPORATION COM-318 SHS	37,345	36,799
SAMSARA INC COM-347 SHS	12,007	15,160
TAIWAN SEMICONDUCTOR MANUFACTURING-135 SHS	20,572	26,661
VERTIV HOLDINGS CO COM-310 SHS	39,243	35,219

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

THE ELIZABETH & BARETS O BENJAMIN

CHARITABLE FOUNDATION INC

EIN:

22-3390586

US Government Securities - End of Year Book Value:

1,032,961

US Government Securities - End of Year Fair Market Value:

1,003,514

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

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

- TIN:

TY 2024 LegalFeesSchedule

Name:

THE ELIZABETH & BARETS O BENJAMIN

CHARITABLE FOUNDATION INC

EIN:

22-3390586

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
SHERMAN ATLAS	6,700	0		6,700

- TIN:

TY 2024 OtherAssetsSchedule

Name:

THE ELIZABETH & BARETS O BENJAMIN

CHARITABLE FOUNDATION INC

EIN:

22-3390586

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
DUE TO/FROM BROKER	4,835	6,330	6,330

- TIN:

TY 2024 OtherExpensesSchedule

Name:

THE ELIZABETH & BARETS O BENJAMIN

CHARITABLE FOUNDATION INC

EIN:

22-3390586

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
JPMORGAN CHASE - BANK CHARGES	230	0		230
ADR FEES	64	64		0

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

THE ELIZABETH & BARETS O BENJAMIN

CHARITABLE FOUNDATION INC

EIN:

22-3390586

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
1919/STATE STREET - INVESTMENT COUNSEL/CUSTODY FEES AND ADMINISTRATION	61,988	61,988	0
TPI CONSULTING - GRANT CONSULTANT FEE	48,764	0	48,764
FIDELITY INVESTMENT ADVISORY	20,608	20,608	0

- TIN:

TY 2024 TaxesSchedule

Name:

THE ELIZABETH & BARETS O BENJAMIN

CHARITABLE FOUNDATION INC

EIN:

22-3390586

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	1,755	1,755		0
FEDERAL INCOME TAX	8,000	0		0