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
STRANAHAN FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)539 EAST FRONT STREET
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PERRYSBURG, OH43551

A Employer identification number

34-6514375

B Telephone number (see instructions)

(419) 882-5575

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

$123,960,776J Accounting method: Cash Accrual
Other (specify)MODIFIED CASH
(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	38,714		38,714
4	Dividends and interest from securities...	2,057,936		2,164,077
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		7,718,859
b	Gross sales price for all assets on line 6a 22,985,913
7	Capital gain net income (from Part IV, line 2)...			7,920,340
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......	List of Attached Documents: // Content	15,220	2,448
12	Total. Add lines 1 through 11........	9,830,729		10,125,579
13	Compensation of officers, directors, trustees, etc.	246,906		0	246,906
14	Other employee salaries and wages......	282,506		0	282,506
15	Pension plans, employee benefits.......	110,503		0	110,503
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	7,875	0	7,875
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	25,535	0	24,035
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	449,426	393,166	56,260
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	128,866	3,866	0
19	Depreciation (attach schedule) and depletion...		10,434	0
20	Occupancy..............	10,586		0	10,586
21	Travel, conferences, and meetings.......	108,705		0	108,705
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	126,479	45,013	126,479
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,507,821		442,045	973,855
25	Contributions, gifts, grants paid.......	3,982,037			3,982,037
26	Total expenses and disbursements. Add lines 24 and 25	5,489,858		442,045	4,955,892
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	4,340,871
b	Net investment income (if negative, enter -0-)			9,683,534
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2024)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	5,227,378	4,169,622	4,169,622
	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)	4,262,838	List of Attached Documents: // Content 6,306,451	6,306,451
	b	Investments—corporate stock (attach schedule).......	18,094,153	List of Attached Documents: // Content 18,865,088	18,865,088
	c	Investments—corporate bonds (attach schedule).......	4,810,995	List of Attached Documents: // Content 5,038,585	5,038,585
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	84,024,721	List of Attached Documents: // Content 89,422,188	89,422,188
	14	Land, buildings, and equipment: basis 54,954
		Less: accumulated depreciation (attach schedule) 32,360	37,531	22,594	22,594
	15	Other assets (describe )	List of Attached Documents: // Content 135,839	List of Attached Documents: // Content 136,248	List of Attached Documents: // Content 136,248
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	116,593,455	123,960,776	123,960,776
	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...........	116,593,455	123,960,776
	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........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	116,593,455	123,960,776
	30	Total liabilities and net assets/fund balances (see instructions).	116,593,455	123,960,776

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) ...............

116,593,455

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

4,340,871

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

List of Attached Documents:

// Content

3,026,450

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

123,960,776

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 .

123,960,776

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
b	METROPOLITAN REAL ESTATE PARTNERS GLOBAL II, LP	P
c	AEW CORE PROPERTY US, LP	P
d	CAPITAL GAINS DIVIDENDS	P
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	20,175,498	15,267,054	4,908,444
b			154
c			201,327
d	2,810,415		2,810,415
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			4,908,444
b			154
c			201,327
d			2,810,415
e

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	7,920,340
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	134,601
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	134,601
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	134,601
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	110,792
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	50,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	160,792
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	26,191
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax26,191	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?.........

Yes

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

Yes

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

HTTPS://WWW.STRANAHANFOUNDATION.ORG/

The books are in care of right arrow

STRANAHAN FOUNDATION Telephone no. right arrow

(419) 882-5575

Located at right arrow

539 EAST FRONT STREETPERRYSBURGOH ZIP+4 right arrow

43551

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)

Yes

(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)

(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
PATRICK STRANAHAN	PRESIDENT 2.50	0	0
539 EAST FRONT STREET PERRYSBURG,OH43551	PRESIDENT 2.50	0	0
ROBERT BAYNE	VICE PRESIDENT 1.50	0	0
539 EAST FRONT STREET PERRYSBURG,OH43551	VICE PRESIDENT 1.50	0	0
ABBOT STRANAHAN WARD	SECRETARY 1.00	0	0
539 EAST FRONT STREET PERRYSBURG,OH43551	SECRETARY 1.00	0	0
RENEE GOUBEAUX	TRUSTEE, TREASURER 2.50	0	0
539 EAST FRONT STREET PERRYSBURG,OH43551	TRUSTEE, TREASURER 2.50	0	0
MARK E STRANAHAN	TRUSTEE 1.00	0	0
539 EAST FRONT STREET PERRYSBURG,OH43551	TRUSTEE 1.00	0	0
STEPHANIE STRANAHAN	TRUSTEE 1.00	0	0
539 EAST FRONT STREET PERRYSBURG,OH43551	TRUSTEE 1.00	0	0
TREVOR FOSTER	TRUSTEE 1.00	0	0
539 EAST FRONT STREET PERRYSBURG,OH43551	TRUSTEE 1.00	0	0
JAMES PAWLAK	TRUSTEE 1.00	0	0
539 EAST FRONT STREET PERRYSBURG,OH43551	TRUSTEE 1.00	0	0
DAVID WARD	TRUSTEE 1.00	0	0
539 EAST FRONT STREET PERRYSBURG,OH43551	TRUSTEE 1.00	0	0
BEN ELROD	TRUSTEE 1.00	0	0
539 EAST FRONT STREET PERRYSBURG,OH43551	TRUSTEE 1.00	0	0
ROBERT STRANAHAN	TRUSTEE 1.00	0	0
539 EAST FRONT STREET PERRYSBURG,OH43551	TRUSTEE 1.00	0	0
HEATHER PARRY	TRUSTEE AS OF 9/11/24 1.00	0	0
539 EAST FRONT STREET PERRYSBURG,OH43551	TRUSTEE AS OF 9/11/24 1.00	0	0
ANNA WILLIAMS	TRUSTEE AS OF 9/11/24 1.00	0	0
539 EAST FRONT STREET PERRYSBURG,OH43551	TRUSTEE AS OF 9/11/24 1.00	0	0
BRETA COOPER	EXECUTIVE DIRECTOR 40.00	246,906	24,563
539 EAST FRONT STREET PERRYSBURG,OH43551	EXECUTIVE DIRECTOR 40.00	246,906	24,563

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
HILLARY BEUSCHEL	TEAM MANAGER/PROGRAM 40.00	144,666	23,000	0
539 EAST FRONT STREET PERRYSBURG,OH43551	TEAM MANAGER/PROGRAM 40.00	144,666	23,000	0
SHEILA BARGAHEISER	GRANTS & OPERATIONS 40.00	59,018	8,715	0
539 EAST FRONT STREET PERRYSBURG,OH43551	GRANTS & OPERATIONS 40.00	59,018	8,715	0






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
ASSET CONSULTING GROUP LLC	INVESTMENT ADVISORY	122,398
231 S BEMISTON 14TH FLOOR ST LOUIS,MO63105	INVESTMENT ADVISORY	122,398
EARNEST PARTNERS LLC	MONEY MANAGER	96,790
1180 PEACHTREE ST NE STE 2300 ATLANTA,GA30309	MONEY MANAGER	96,790
WILLIAM BLAIR	MONEY MANAGER	87,314
222 WEST ADAMS STREET FL14 CHICAGO,IL60606	MONEY MANAGER	87,314

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...................

118,115,462

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

4,761,569

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

2,483

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

122,879,514

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.........................

122,879,514

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

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

1,843,193

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

121,036,321

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

6,051,816

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..................

6,051,816

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

134,601

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

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

134,601

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

5,917,215

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

18,344

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

5,935,559

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

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

5,935,559

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 ..........

4,955,892

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. .......

4,955,892

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					5,935,559
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......	472,478
c From 2021......
d From 2022......
e From 2023......
f Total of lines 3a through e ........		472,478
4Qualifying distributions for 2024 from Part
XI, line 4: $ 4,955,892
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.....					4,955,892
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2024.		472,478			472,478
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........					507,189
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2020....
b Excess from 2021....
c Excess from 2022....
d Excess from 2023....
e Excess from 2024....

Form 990-PF (2024)

Page 10

Part XIII

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

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

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

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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

Check here right arrow

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

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

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

cAny submission deadlines:

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

Form 990-PF (2024)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ADELANTE MUJERES 2030 MAIN STREET STE A FOREST GROVE,OR97116	N/A	PC	ADVANCING CULTURALLY RESPONSIVE EARLY CHILDHOOD EDUCATION PROFESSIONAL DEVELOPMENT FOR LATINE TEACHERS.	50,000
ALL OUR KIN INC 414A CHAPEL STREET SUITE 100 NEW HAVEN,CT06530	N/A	PC	SUPPORT FOR THE DEVELOPMENT AND EXPANSION OF THE ORGANIZATION'S TECHNICAL ASSISTANCE OFFERINGS.	150,000
ARLEE COMMUNITY DEVELOPMENT CORPORATION PO BOX 452 NORTH ARLEE,MT59821	N/A	PC	FOOD RESOURCE CENTER PROGRAMS	35,000
ASPEN SCIENCE CENTER 520 S 3RD STREET SUITE 9 CARBONDALE,CO81623	N/A	PC	INCREASING HISPANIC ENGAGEMENT IN STEM EDUCATION THROUGHOUT THE GREATER ROARING FORK VALLEY OF COLORADO.	26,000
ASTORIA FOOD PANTRY INC 2582 STEINWAY STREET ASTORIA,NY11103	N/A	PC	DIAPER BANK & INFANT SUPPORT SUPPLIES	15,000
AVANCE INC 824 BROADWAY STREET SUITE 204 SAN ANTONIO,TX78215	N/A	PC	AVANCE QUALITY CHILD CARE MATTERS INNOVATION PROJECT	85,884
AVOW CARE SERVICES INCORPORATED 1095 WHIPPOORWILL LANE NAPLES,FL34105	N/A	PC	PALLIATIVE CARE FOR CHRONIC AND SERIOUSLY ILL PEOPLE	35,000
BLACK CHILD DEVELOPMENT INSTITUTE - ATLANTA INC 289 SOUTH CULVER STREET LAWRENCEVILLE,GA30046	N/A	PC	SUPPORT TO PILOT A CULTURALLY RESPONSIVE COACHING, MENTORING, AND TRAINING PROGRAM FOR BLACK TEACHERS SEEKING THEIR ASSOCIATES AND BACHELOR'S DEGREES IN EARLY CHILDHOOD EDUCATION.	50,000
COMMUNITY COORDINATED CHILD CARE OF S INDIANA 414 SE 4TH STREET SUITE 102 EVANSVILLE,IN47713	N/A	PC	SUPPORT FOR THE EXPANSION OF THE EARLY LEARNING REGIONAL TRAINING CENTER PILOT.	100,000
DAVID LAWRENCE MENTAL HEALTH CENTER INC 6075 BATHEY LANE NAPLES,FL34116	N/A	PC	CHILDREN'S HOLISTIC WELLNESS PROGRAM	35,000
DIOCESE OF PALM BEACH 930 SOUTHERN BLVD WEST PALM BEACH,FL33405	N/A	PC	TODDLER PROGRAM RENEWAL & ESOL SUPPORT	35,000
EARLY YEARS INC PO BOX 901 CHAPEL HILL,NC27514	N/A	PC	SUPPORT FOR THE DEVELOPMENT, PILOTING, EVALUATION, AND REFINEMENT OF ITS EARLY CHILDHOOD APPRENTICESHIP MODEL FRAMEWORK.	125,000
ECDYSIS FOUNDATION 46958 188TH STREET ESTELLINE,SD57234	N/A	PC	1000 FARMS INITIATIVE	75,000
ECO-CYCLE INC 6400 ARAPAHOE ROAD BOULDER,CO80303	N/A	PC	SUPPORT FOR COMPOST AND CARBON FARMING INITIATIVES	30,000
EDVANCE 3848 MCHENRY AVE STE 135 MODESTO,CA95356	N/A	PC	EVIDENCE-BASED REFLECTIVE PRACTICE VIDEO ENHANCEMENT PROJECT	150,000
FAMILY PROMISE OF GALLATIN VALLEY INC 1603 TSCHACHE LANE BOZEMAN,MT59715	N/A	PC	SUPPORT FOR A FAMILY CASE MANAGER	35,000
FELTON INSTITUTE 1500 FRANKLIN STREET SAN FRANCISCO,CA94109	N/A	PC	ECE REACH	100,000
FISCAL SPONSORSHIP ALLIES INC 3500 DEPAUW BLVD SUITE 3090 INDIANAPOLIS,IN46268	N/A	PC	SOUTHSIDE COMMUNITY FARM'S HEALTHY FOOD ACCESS FOR BIPOC COMMUNITY MEMBERS	35,000
FLORIDA STATE UNIVERSITY FOUNDATION INC 325 W COLLEGE AVE TALLAHASSEE,FL32301	N/A	PC	IMPLEMENTATION OF A REBOUND & RECOVERY IN HEAD START: AN EXPLORATORY STUDY FOR KINDERGARTEN READINESS AND PROGRAM SUSTAINABILITY	75,000
FOR PROVIDERS BY PROVIDERS LOUISIANA 1678 N BROAD STREET NEW ORLEANS,LA70119	N/A	PC	EARLY CHILDHOOD TEACHER CORPS	75,000
FOREST CONSERVANCY 1012 BROOKIE DRIVE CARBONDALE,CO81623	N/A	PC	FOREST CONSERVANCY VOLUNTEER RANGER PROGRAM	35,000
GOOD GRIEF OF NORTHWEST OHIO INC 440 S REYNOLDS ROAD SUITE D TOLEDO,OH43615	N/A	PC	SUPPORTING GRIEVING CHILDREN AND TEENS	35,000
HELP CENTER INC 421 E PEACH STREET BOZEMAN,MT59715	N/A	PC	ANSWERING THE CALL: A CAMPAIGN FOR HELP CENTER, INC.	35,000
HELPLINE HOUSE 282 KNECHTEL WAY NE BAINBRIDGE ISLAND,WA98110	N/A	PC	CHILDREN'S MENTAL HEALTH PROGRAMMING	35,000
HELPLINE HOUSE 282 KNECHTEL WAY NE BAINBRIDGE ISLAND,WA98110	N/A	PC	BUILDING A BETTER BAINBRIDGE CAMPAIGN: CONSTRUCTING A NEW, EXPANDED COMMUNITY RESOURCE CENTER AND FOOD BANK	35,000
HOPA MOUNTAIN INC 234 E BABCOCK STREET SUITE E BOZEMAN,MT59715	N/A	PC	HOPA MOUNTAIN'S SCHOLARS OF PROMISE PROGRAM	35,000
HORIZONS OF KENT AND QUEEN ANNES INC 116 B SOUTH LYNCHBURG STREET CHESTERTOWN,MD21620	N/A	PC	HORIZONS STAFFING SUPPORT	35,000
JEREMIAH PROGRAM 729 WASHINGTON AVE N SUITE 600 MINNEAPOLIS,MN55401	N/A	PC	STRENGTHENING EDUCATOR LEARNING AND DEVELOPMENT THROUGH LENA GROW	100,000
KIDS CANCER FOUNDATION INC 246 ROYAL PALM BEACH BLVD ROYAL PALM BEACH,FL33411	N/A	PC	KIDS CANCER FOUNDATION SUPPORT SERVICES	35,000
KISS THE GROUND PO BOX 515381 LOS ANGELES,CA90051	N/A	PC	REGENERATIVE AGRICULTURE EDUCATIONAL SUPPORT	75,000
MAD AGRICULTURE 728 PEARL STREET BOULDER,CO80302	N/A	PC	MAD LANDS AND MEDIA SUPPORT	35,000
MINDS MATTER PO BOX 20656 SEATTLE,WA20656	N/A	PC	PROGRAM GROWTH INITIATIVE	34,500
NATIONAL ASSOCIATION FOR FAMILY CHILD CARE FOUNDATION 700 12TH STREET NW STE 700 WASHINGTON,DC20005	N/A	PC	FCC LEADERSHIP LAB	100,000
NEIGHBORHOOD HOUSE INCORPORATED 1225 S WELLER STREET SUITE 510 SEATTLE,WA98144	N/A	PC	SUPPORT FOR THE INCREASED WAGES FOR STAFF OF THE PARENTCHILD+ PROGRAM.	35,000
NEW PROFIT INC 225 FRANKLIN STREET SUITE 350 BOSTON,MA02110	N/A	PC	SUPPORT EFFORTS TO IMPLEMENT, IMPROVE, AND EVALUATE INITIATIVE LEVEL ACTIVITIES RELATED TO THE ECSO INITIATIVE.	150,000
NORTHEAST ORGANIC FARMING ASSOCIATION MASSACHUSETTS CHAPTER PO BOX 60043 FLORENCE,MA01062	N/A	PC	FOOD ACCESS PROGRAM AND MASSACHUSETTS POLLINATOR NETWORK	35,000
PALM BEACH COUNTY FOOD BANK INC 701 BOUTWELL ROAD STE A-2 LAKE WORTH BEACH,FL33461	N/A	PC	PARTNER MARKETPLACE	35,000
PHILLIPS EXETER ACADEMY 20 MAIN STREET EXETER,NH03833	N/A	PC	EXETER FOR EDUCATORS WRITERS' WORKSHOP	16,000
PRACTICAL FARMERS OF IOWA 1615 GOLDEN ASPEN DRIVE AMES,IA50010	N/A	PC	REGENERATING IOWAS COMMUNITIES THROUGH FRUIT AND VEGETABLE PRODUCTION	80,000
PROJECT ANGEL FOOD 922 VINE STREET LOS ANGELES,CA90038	N/A	PC	HOME-DELIVERED MEDICALLY TAILORED MEALS FOR CRITICALLY ILL ANGELENOS	35,000
REALIZE BRADENTON INC PO BOX 9114 BRADENTON,FL34206	N/A	PC	BRADENTON PUBLIC MARKET	35,000
RECYCLERY OF JEFFERSON COUNTY 1925 BLAINE STREET SUITE 500 TOWNSEND,WA98368	N/A	PC	COMMUNITY & PROGRAM CENTRIC RECYCLERY	35,000
REGENTS UNIV OF CALIFORNIA 10889 WILSHIRE BLVD SUITE 700 LOS ANGELES,CA90095	N/A	PC	GROWING TRAUMA- AND RESILIENCE-INFORMED CARE LEADERS IN LAUSD EARLY EDUCATION	86,800
REHABILITATION CENTER FOR CHILDREN AND ADULTS 300 ROYAL PALM WAY PALM BEACH,FL33480	N/A	PC	RCCA PRESCHOOL PROGRAM	35,000
RID-ALL FOUNDATION INC 25411 TRYON ROAD OAKWOOD VILLAGE,OH44146	N/A	PC	SUPPORT FOR THE ORGANIZATION'S OPERATIONS.	35,000
RINGLING COLLEGE OF ART AND DESIGN INC 2700 N TAMIAMI TRAIL SARASOTA,FL34234	N/A	PC	MANATEE SCHOLARSHIPS FOR ASPIRING ARTISTS AND DESIGNERS	35,000
SANTA FE COMMUNITY COLLEGE FOUNDATION 6401 RICHARDS AVE SANTA FE,NM87508	N/A	PC	SUPPORT FOR THE DEVELOPMENT, PILOTING, AND EVALUATION OF A COMPETENCY-BASED, EARLY CHILDHOOD TEACHER APPRENTICESHIP PROGRAM.	100,000
SAVANNA INSTITUTE 2453 ATWOOD AVE SUITE 209 MADISON,WI53704	N/A	PC	SAVANNA INSTITUTE'S EDUCATION AND OUTREACH PROGRAM	149,000
SOBRATO EARLY ACADEMIC LANGUAGE PROGRAM 521 VALLEY WAY MILPITAS,CA95035	N/A	PC	SUPPORT FOR MODIFICATIONS AND CONTINUOUS IMPROVEMENT EFFORTS RELATED TO THE FULL PRESCHOOL PROFESSIONAL DEVELOPMENT MODEL.	150,000
SOCIAL AND ENVIRONMENTAL ENTREPRENEURS INC 23564 CALABASAS ROAD SUITE 201 CALABASAS,CA91302	N/A	PC	SOFT LANDING MISSOULA	35,000
SOCIAL SERVICES FOR THE ARAB COMMUNITY 3110 TREMAINSVILLE RD TOLEDO,OH43613	N/A	PC	AHLAN WA SAHLAN (WELCOME)	30,000
THE CONNECTICUT AUDUBON SOCIETY INCORPORATED 314 UNQUOWA ROAD FAIRFIELD,CT06824	N/A	PC	CREATING A PATHWAY TO STEM LEARNING AND CAREERS IN UNDERSERVED URBAN COMMUNITIES	35,000
THE FAMILY PARTNERSHIP 1527 EAST LAKE STREET MINNEAPOLIS,MN55407	N/A	PC	EMPOWERING GENERATIONAL GREATNESS: A CURRICULUM FOR BUILDING LIFELONG RESILIENCE AND FOCUS	100,000
THE SOCIETY OF ST VINCENT DE PAUL EAST JEFFERSON COUNTY CONFERENCE PO BOX 410 PORT TOWNSEND,WA98368	N/A	PC	EAST JEFFERSON COUNTY CONFERENCE OF THE SOCIETY OF ST. VINCENT DE PAUL	35,000
THE VERA PROJECT 305 HARRISON ST SEATTLE,WA98109	N/A	PC	BLACK LODGE COMMUNITY CENTER OPERATIONS, FACILITIES IMPROVEMENTS, AND CREATIVE WORKFORCE DEVELOPMENT PROGRAMMING	35,000
THIRD SECTOR NEW ENGLAND INC 89 SOUTH STREET SUITE 700 BOSTON,MA02111	N/A	PC	2024-2026 EARLY EDUCATOR INVESTMENT COLLABORATIVE	250,000
TOLEDO SCIENCE CENTER ONE DISCOVERY WAY TOLEDO,OH43604	N/A	PC	TOLEDO TINKERS: THROUGH A CHILD'S EYES	35,000
TROUT UNLIMITED INC 1777 N KENT STREET SUITE 100 ARLINGTON,VA22209	N/A	PC	UPPER RIO GRANDE COMMUNITY INITIATIVE	35,000
UNIVERSITY OF MASSACHUSETTS 100 MORRISSEY BOULEVARD BOSTON,MA02125	N/A	PC	BUILDING EVIDENCE ABOUT PATHWAYS FOR A DIVERSE AND THRIVING ECE WORKFORCE	73,853
URBAN SPROUTS 6757 OLIVE BLVD UNIVERSITY CY,MO63130	N/A	PC	REGGIO EMILIA APPROACH PROFESSIONAL DEVELOPMENT PROGRAM	100,000
VALLEY SETTLEMENT 1901 GRAND AVE STE 206 GLENWOOD SPRINGS,CO81601	N/A	PC	PARENT MENTOR PROGRAM	35,000
VICTORY CENTER 3166 N REPUBLIC BLVD TOLEDO,OH43615	N/A	PC	HEALING THERAPIES	35,000
YOUNG WOMENS CHRISTIAN ASSOC OF KALAMAZOO 353 EAST MICHIGAN AVE KALAMAZOO,MI49007	N/A	PC	SUPPORT FOR THE IMPLEMENTATION OF NEW TEACHER TRAINING, COACHING, AND ASSESSMENT SYSTEMS FOR ITS EARLY CHILDHOOD PROGRAM.	75,000
YOUNG WOMENS CHRISTIAN ASSOCIATION 503 CASTROVILLE RD SAN ANTONIO,TX78237	N/A	PC	YWCA CULTIVATES: TEACHER RECRUITMENT, RETENTION AND CERTIFICATION	50,000
YWCA MISSOULA 1800 S 3RD ST W MISSOULA,ME59801	N/A	PC	FAMILY HOUSING CENTER ESSENTIAL STAFFING	35,000
Total ................................. 3a				3,982,037

bApproved for future payment
ADELANTE MUJERES 2030 MAIN STREET STE A FOREST GROVE,OR97116	N/A	PC	ADVANCING CULTURALLY RESPONSIVE EARLY CHILDHOOD EDUCATION PROFESSIONAL DEVELOPMENT FOR LATINE TEACHERS.	100,000
BRIGHT BEGINNINGS INC 3418 4TH STREET SE WASHINGTON,DC20032	N/A	PC	BUILDING A BBI LEADERSHIP PIPELINE FOR EDUCATORS	100,000
CITY GARDEN MONTESSORI SCHOOL 1618 TOWER GROVE AVE SAINT LOUIS,MO63110	N/A	PC	MONTESSORI COACHING AND INSTRUCTIONAL SUPPORT FOR EARLY CHILDHOOD TEACHERS	100,000
EARLY YEARS INC PO BOX 901 CHAPEL HILL,NC27514	N/A	PC	SUPPORT FOR THE DEVELOPMENT, PILOTING, EVALUATION, AND REFINEMENT OF ITS EARLY CHILDHOOD APPRENTICESHIP MODEL FRAMEWORK.	125,000
EDUCARE DC 640 ANACOSTIA AVE NE WASHINGTON,DC20019	N/A	PC	EDUCARE DC PROFESSIONAL DEVELOPMENT INSTITUTE	100,000
FELTON INSTITUTE 1500 FRANKLIN STREET SAN FRANCISCO,CA94109	N/A	PC	ECE REACH	200,000
FLORIDA STATE UNIVERSITY FOUNDATION INC 325 W COLLEGE AVE TALLAHASSEE,FL32301	N/A	PC	IMPLEMENTATION OF A REBOUND & RECOVERY IN HEAD START: AN EXPLORATORY STUDY FOR KINDERGARTEN READINESS AND PROGRAM SUSTAINABILITY	75,000
HOPE TOLEDO SERVICES 300 MADISON AVE SUITE 1400A TOLEDO,OH43604	N/A	PC	HOPE TOLEDO PRE-K	65,000
JEREMIAH PROGRAM 729 WASHINGTON AVE N SUITE 600 MINNEAPOLIS,MN55401	N/A	PC	STRENGTHENING EDUCATOR LEARNING AND DEVELOPMENT THROUGH LENA GROW	50,000
MAKE WAY FOR BOOKS 700 N STONE AVENUE TUCSON,AZ85705	N/A	PC	STORY SCHOOL	70,000
REGENTS UNIV OF CALIFORNIA 10889 WILSHIRE BLVD SUITE 700 LOS ANGELES,CA90095	N/A	PC	GROWING TRAUMA- AND RESILIENCE-INFORMED CARE LEADERS IN LAUSD EARLY EDUCATION	209,782
THE FAMILY PARTNERSHIP 1527 EAST LAKE STREET MINNEAPOLIS,MN55407	N/A	PC	EMPOWERING GENERATIONAL GREATNESS: A CURRICULUM FOR BUILDING LIFELONG RESILIENCE AND FOCUS	200,000
THIRD SECTOR NEW ENGLAND INC 89 SOUTH STREET SUITE 700 BOSTON,MA02111	N/A	PC	2024-2026 EARLY EDUCATOR INVESTMENT COLLABORATIVE	250,000
UNIVERSITY OF MASSACHUSETTS 100 MORRISSEY BOULEVARD BOSTON,MA02125	N/A	PC	BUILDING EVIDENCE ABOUT PATHWAYS FOR A DIVERSE AND THRIVING ECE WORKFORCE	176,147
URBAN SPROUTS 6757 OLIVE BLVD UNIVERSITY CY,MO63130	N/A	PC	REGGIO EMILIA APPROACH PROFESSIONAL DEVELOPMENT PROGRAM	50,000
YOUNG MENS CHRISTIAN ASSOCIATION OF WICHITA 402 N MARKET STREET WICHITA,KS67202	N/A	PC	WORK-TO-LEARN	99,733
YOUNG WOMENS CHRISTIAN ASSOCIATION 503 CASTROVILLE RD SAN ANTONIO,TX78237	N/A	PC	YWCA CULTIVATES: TEACHER RECRUITMENT, RETENTION AND CERTIFICATION	100,000
Total ................................. 3b				2,070,662

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	38,714
4 Dividends and interest from securities ....			14	2,057,936
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 .....			01
8 Gain or (loss) from sales of assets other than inventory ............			18	7,718,859
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aGRANT REFUNDS			01	18,344
bSECURITIES LITIGATION			01	1,379
cLOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT			01	-4,503
dUBIT THROUGH K-1	901101	-184	01	184
e
12 Subtotal. Add columns (b), (d), and (e) ..		-184		9,830,913	0

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

9,830,729

(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:

STRANAHAN FOUNDATION

EIN:

34-6514375

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING AND TAX SERVICES	25,535	0		24,035

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

STRANAHAN FOUNDATION

EIN:

34-6514375

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC 4.450% DUE 5/14/46 21,000.000 QTY	17,851	17,851
ABBVIE INC 5.050% DUE 3/15/34 61,000.000 QTY	60,267	60,267
ACUITY BRANDS LIGHTING 2.150% DUE 12/15/30 67,000.000 QTY	57,046	57,046
AFLAC INC 4.000% DUE 10/15/46 16,000.000 QTY	12,547	12,547
AIR LEASE CORP 2.875% DUE 1/15/26 15,000.000 QTY	14,681	14,681
ALFLAC INC 2.875% DUE 10/15/26 20,000.000 QTY	19,409	19,409
ALLEGHANY CORP 3.250% DUE 8/15/51 9,000.000 QTY	6,049	6,049
ALLEGHANY CORP 3.625% DUE 5/15/30 30,000.000 QTY	28,216	28,216
ALLEGHANY CORP 4.900% DUE 9/15/44 28,000.000 QTY	25,717	25,717
ALTRIA GROUP INC 4.400% DUE 2/14/26 30,000.000 QTY	29,853	29,853
ALTRIA GROUP INC 4.800% DUE 2/14/29 60,000.000 QTY	59,285	59,285
AMEREN ILLINOIS CO 1.550% DUE 11/15/30 40,000.000 QTY	33,165	33,165
AMERICAN EXPRESS CO DUE 5/26/33 45,000.000 QTY	43,878	43,878
AMGEN INC 4.400% DUE 5/1/45 23,000.000 QTY	19,076	19,076
AMGEN INC 5.150% DUE 3/2/28 85,000.000 QTY	85,619	85,619
ANTHEM INC 4.550% DUE 5/15/52 32,000.000 QTY	25,792	25,792
APPLE INC 3.850% DUE 8/4/46 31,000.000 QTY	24,994	24,994
APPLE INC 4.650% DUE 2/23/46 4,000.000 QTY	3,652	3,652
APTIV PLC 3.250% DUE 3/1/32 30,000.000 QTY	25,885	25,885
APTIV PLC 5.400% DUE 3/15/49 28,000.000 QTY	24,018	24,018
ARCELORMITTAL SA 6.000% DUE 6/17/34 42,000.000 QTY	42,717	42,717
ARROW ELECTRONICS INC 5.875% DUE 4/10/34 40,000.000 QTY	40,219	40,219
AT&T INC 4.250% DUE 3/1/27 9,000.000 QTY	8,917	8,917
AT&T INC 4.300% DUE 12/15/42 28,000.000 QTY	23,296	23,296
ATT&T INC 3.650% DUE 6/1/51 87,000.000 QTY	61,442	61,442
BANK OF AMERA CORP DUE 1/23/35 92,000.000 QTY	92,100	92,100
BANK OF AMERICA CORP DUE 10/20/32 69,000.000 QTY	58,220	58,220
BAT CAPITAL CORP 5.282% DUE 4/2/50 23,000.000 QTY	20,145	20,145
BAT CAPITAL CORP 6.000% DUE 2/20/34 45,000.000 QTY	46,233	46,233
BECTON DICKINSON & CO 4.669% DUE 6/6/47 32,000.000 QTY	27,389	27,389
BEST BUY CO INC 4.450% DUE 10/1/28 72,000.000 QTY	70,836	70,836
BRISTOL-MYERS SQUIBB CO 4.500% DUE 3/1/44 36,000.000 QTY	31,153	31,153
BROADCOM CORP 3.875% DUE 1/15/27 39,000.000 QTY	38,391	38,391
BROADCOM INC 4.150% DUE 11/15/30 69,000.000 QTY	66,024	66,024
CAMDEN PROPERTY TRUST 4.100% DUE 10/15/28 32,000.000 QTY	31,121	31,121
CANADIAN PACIFIC RAILWAY 3.100% DUE 12/2/51 23,000.000 QTY	14,945	14,945
CAPITAL ONE FINANCIAL CO DUE 2/1/34 66,000.000 QTY	66,286	66,286
CAPITAL ONE FINANCIAL CO DUE 5/10/28 26,000.000 QTY	25,916	25,916
CENTENE CORP 4.250% DUE 12/15/27 46,000.000 QTY	44,560	44,560
CHEVRON USA INC 3.850% DUE 1/15/28 21,000.000 QTY	20,714	20,714
CHURCH & DWIGHT CO INC 2.300% DUE 12/15/31 20,000.000 QTY	16,739	16,739
CINCINNATI FINL CORP 6.125% DUE 10/24/34 20,000.000 QTY	20,774	20,774
CITIGROUP INC 3.878% DUE 1/24/39 20,000.000 QTY	16,672	16,672
CITIGROUP INC 4.450% DUE 9/29/27 24,000.000 QTY	23,675	23,675
CITIGROUP INC 4.600% DUE 3/9/26 15,000.000 QTY	14,959	14,959
COMCAST CORP 3.450% DUE 2/1/50 26,000.000 QTY	17,801	17,801
CONS EDISON CO OF NY 6.300% DUE 8/15/37 35,000.000 QTY	37,150	37,150
COSTCO WHOLESALE CORP 1.600% DUE 4/20/30 34,000.000 QTY	29,099	29,099
COTERRA ENERGY INC 5.600% DUE 3/15/34 64,000.000 QTY	63,428	63,428
CSX CORP 3.350% DUE 9/15/49 32,000.000 QTY	22,195	22,195
DANA INC 5.625% DUE 6/15/28 35,000.000 QTY	34,525	34,525
DELL INT LLC 5.250% DUE 2/1/28 26,000.000 QTY	26,315	26,315
DELTA AIRLINES INC 4.375% DUE 4/19/28 99,000.000 QTY	96,542	96,542
EDWARDS LIFESCIENCES CORP 4.300% DUE 6/15/28 92,000.000 QTY	90,021	90,021
ENERGY TRANSFER LP 6.050% DUE 9/1/54 30,000.000 QTY	29,361	29,361
ENERGY TRANSFER OPERATING 3.750% DUE 5/15/30 52,000.000 QTY	48,515	48,515
ENPRO INDS INC 5.750% DUE 10/15/26 37,000.000 QTY	36,815	36,815
EOG RESOURCES INC 4.950% DUE 4/15/50 30,000.000 QTY	26,676	26,676
ESSENTIAL PROPER 2.950% DUE 7/15/31 15,000.000 QTY	12,770	12,770
ESTEE LAUDER CO INC 3.150% DUE 3/15/27 28,000.000 QTY	27,148	27,148
FORTINET INC 2.200% DUE 3/15/31 72,000.000 QTY	61,181	61,181
GENERAL MILLS INC 4.950% DUE 3/29/33 56,000.000 QTY	54,632	54,632
GENERAL MOTORS FINL CO 5.850% DUE 4/6/30 44,000.000 QTY	44,939	44,939
GEORGIA POWER CO 5.250% DUE 3/15/34 56,000.000 QTY	55,564	55,564
GOLDMAN SACHS GROUP INC DUE 10/24/34 35,000.000 QTY	37,623	37,623
GOODYEAR TIRE & RUBBER 5.000% DUE 7/15/29 50,000.000 QTY	45,914	45,914
HCA INC 6.000% DUE 4/1/54 34,000.000 QTY	32,389	32,389
HILLENBRAND INC 3.750% DUE 3/1/31 35,000.000 QTY	30,594	30,594
HONEYWELL INTERNATIONAL 5.375% DUE 3/1/41 20,000.000 QTY	19,755	19,755
IBERDROLA INTL BV 6.750% DUE 9/15/33 5,000.000 QTY	5,306	5,306
IDEX CORP 3.000% DUE 5/1/30 50,000.000 QTY	45,259	45,259
INGREDION INC 3.200% DUE 10/1/26 46,000.000 QTY	44,718	44,718
INTEL CORP 4.800% DUE 10/1/41 20,000.000 QTY	16,720	16,720
JPMORGAN CHASE & CO 5.400% DUE 1/6/42 45,000.000 QTY	44,405	44,405
JPMORGAN CHASE & CO DUE 1/23/29 64,000.000 QTY	61,400	61,400
JPMORGAN CHASE & CO DUE 11/8/32 31,000.000 QTY	26,149	26,149
JPMORGAN CHASE & CO DUE 9/14/33 48,000.000 QTY	49,027	49,027
KITE REALTY GROUP LP 4.000% DUE 10/1/26 33,000.000 QTY	32,490	32,490
KITE REALTY GROUP LP 4.950% DUE 12/15/31 9,000.000 QTY	8,756	8,756
L3HARRIS TECH INC 5.050% DUE 6/1/29 46,000.000 QTY	45,989	45,989
LAM RESEARCH CORP 4.000% DUE 3/15/29 7,000.000 QTY	6,806	6,806
LOWES COS INC 2.800% DUE 9/15/41 42,000.000 QTY	28,819	28,819
LYB INT FINANCE III 5.625% DUE 5/15/33 38,000.000 QTY	38,363	38,363
MARRIOTT INTERNATIONAL 5.300% DUE 5/15/34 46,000.000 QTY	45,642	45,642
MASTERCARD INC 3.350% DUE 3/26/30 70,000.000 QTY	65,414	65,414
MERCK & CO INC 2.450% DUE 6/24/50 30,000.000 QTY	17,270	17,270
MICRON TECHNOLOGY INC 5.327% DUE 2/6/29 15,000.000 QTY	15,071	15,071
MONDELEZ INTERNATIONAL 4.750% DUE 8/28/34 14,000.000 QTY	13,395	13,395
MORGAN STANLEY 3.125% DUE 7/27/26 35,000.000 QTY	34,189	34,189
MORGAN STANLEY 6.375% DUE 7/24/42 15,000.000 QTY	16,206	16,206
MORGAN STANLEY DUE 4/19/35 74,000.000 QTY	75,409	75,409
MURPHY OIL CORP 6.000% DUE 10/1/323 58,000.000 QTY	55,727	55,727
MURPHY OIL USA INC 4.750% DUE 9/15/29 50,000.000 QTY	47,445	47,445
NETFLIX INC 4.900% DUE 8/15/34 63,000.000 QTY	61,696	61,696
NEWMONT CORP 2.600% DUE 7/15/32 55,000.000 QTY	46,718	46,718
NEXTERA ENERGY CAP HLDGS 5.000% DUE 7/15/32 41,000.000 QTY	40,355	40,355
NIKE INC 3.625% DUE 5/1/43 27,000.000 QTY	21,151	21,151
NIKE INC 3.875% DUE 11/1/45 25,000.000 QTY	19,708	19,708
NORFOLK SOUTHERN CORP 2.900% DUE 8/25/51 30,000.000 QTY	18,479	18,479
NORTHROP GRUMMAN CORP 5.250% DUE 5/1/50 11,000.000 QTY	10,301	10,301
NSTAR ELECTRIC CO 3.250% DUE 11/15/25 45,000.000 QTY	44,426	44,426
NVR INC 3.000% DUE 5/15/30 101,000.000 QTY	91,127	91,127
NXP FUNDING LLC 5.000% DUE 1/15/33 45,000.000 QTY	43,792	43,792
OCCIDENTAL PETROLEUM CORP 5.375% DUE 1/1/32 46,000.000 QTY	45,041	45,041
OKLAHOMA G&E CO 5.250% DUE 5/15/41 20,000.000 QTY	18,897	18,897
OKLAHOMA GAS & ELEC CO 3.850% DUE 8/15/47 43,000.000 QTY	32,305	32,305
OLD REPUBLIC INTL CORP 3.850% DUE 6/11/51 15,000.000 QTY	10,547	10,547
OLIN CORP 5.625% DUE 8/1/29 45,000.000 QTY	43,752	43,752
ORACLE CORP 5.375% DUE 9/27/54 13,000.000 QTY	11,982	11,982
O'REILLY AUTOMOTIVE INC 4.700% DUE 6/15/32 30,000.000 QTY	28,981	28,981
OSHKOSH CORP 3.100% DUE 3/1/30 12,000.000 QTY	10,976	10,976
PFIZER INVESTMENT ENTERPRISE 4.750% DUE 5/19/33 58,000.000 QTY	56,357	56,357
PHILLIPS 66 CO 5.300% DUE 6/30/33 24,000.000 QTY	23,784	23,784
PHYSICIANS REALTY LP 2.625% DUE 11/1/31 18,000.000 QTY	15,212	15,212
PHYSICIANS REALTY LP 3.950% DUE 1/15/28 16,000.000 QTY	15,526	15,526
PIONEER NATURAL RESOURCE 1.125% DUE 1/15/26 50,000.000 QTY	48,264	48,264
PIONEER NATURAL RESOURCE 1.900% DUE 8/15/30 34,000.000 QTY	28,969	28,969
PRINCIPAL FINANCIAL GRP 5.375% DUE 3/15/33 41,000.000 QTY	41,046	41,046
PUB SVC ELEC & GAS 3.950% DUE 5/1/42 35,000.000 QTY	28,500	28,500
PULTEGROUP INC 5.000% DUE 1/15/27 13,000.000 QTY	13,019	13,019
REALTY INCOM CORP 3.200% DUE 1/15/27 40,000.000 QTY	38,781	38,781
REGENCY CENTERS LP 2.950% DUE 9/15/29 19,000.000 QTY	17,417	17,417
REGENCY CENTERS LP 4.650% DUE 3/15/49 15,000.000 QTY	12,682	12,682
REGENERON PHARMACEUTICAL 1.750% DUE 9/15/30 45,000.000 QTY	37,452	37,452
REGENERON PHARMACEUTICAL 2.800% DUE 9/15/50 34,000.000 QTY	20,035	20,035
REGIONS FINANCIAL CORP 1.800% DUE 8/12/28 33,000.000 QTY	29,394	29,394
REXFORD INDUSTRIAL REALTY 2.150% DUE 9/1/31 31,000.000 QTY	25,188	25,188
REYNOLDS AMERICAN INC 6.150% DUE 9/15/43 20,000.000 QTY	19,782	19,782
RIO TINTO FIN USA LTD 5.200% DUE 11/2/40 10,000.000 QTY	9,625	9,625
ROSS STORES INC 0.875% DUE 4/15/26 21,000.000 QTY	19,996	19,996
ROYAL BANK OF CANADA 4.650% DUE 10/18/30 19,000.000 QTY	18,609	18,609
SNAP ON INC 4.100% DUE 3/1/48 20,000.000 QTY	16,083	16,083
SOUTHERN COPPER CORP 5.250% DUE 11/8/42 20,000.000 QTY	18,083	18,083
STATOIL ASA 3.950% DUE 5/15/43 10,000.000 QTY	8,192	8,192
STEEL DYNAMICS INC 5.375% DUE 8/15/34 36,000.000 QTY	35,688	35,688
STRYKER CORP 4.625% DUE 9/11/34 17,000.000 QTY	16,219	16,219
TEXAS INSTRUMENTS INC 4.150% DUE 5/15/48 42,000.000 QTY	34,123	34,123
T-MOBILE USA INC 3.875% DUE 4/15/30 36,000.000 QTY	33,876	33,876
T-MOBILE USA INC 5.250% DUE 6/15/55 25,000.000 QTY	22,704	22,704
TOTAL CAPITAL INTL SA 2.986% DUE 6/29/41 39,000.000 QTY	27,972	27,972
TYSON FOODS INC 3.550% DUE 6/2/27 25,000.000 QTY	24,247	24,247
TYSON FOODS INC 5.100% DUE 9/28/48 38,000.000 QTY	33,720	33,720
UNION ELECTRIC CO 3.250% DUE 10/1/49 15,000.000 QTY	10,337	10,337
UNUM GROUP 6.000% DUE 6/15/54 26,000.000 QTY	25,695	25,695
VERIZON COMMUNICATIONS 3.150% DUE 3/22/30 10,000.000 QTY	9,157	9,157
VERIZON COMMUNICATIONS 3.550% DUE 3/22/51 48,000.000 QTY	33,919	33,919
VERIZON COMMUNICATIONS 5.250% DUE 3/16/37 23,000.000 QTY	22,451	22,451
VIATRIS INC 4.000% DUE 6/22/50 43,000.000 QTY	29,297	29,297
VISA INC 2.000% DUE 8/15/50 55,000.000 QTY	29,657	29,657
WACHOVIA CORP 5.500% DUE 8/1/35 10,000.000 QTY	9,990	9,990
WELLS FARGO & CO 4.300% DUE 7/22/27 50,000.000 QTY	49,331	49,331
WELLS FARGO & CO 4.900% DUE 11/17/45 20,000.000 QTY	17,333	17,333
WISCONSIN PUBLIC SERVICE 2.850% DUE 12/1/51 44,000.000 QTY	27,167	27,167
YUM! BRANDS INC 3.625% DUE 3/15/31 25,000.000 QTY	22,102	22,102

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

STRANAHAN FOUNDATION

EIN:

34-6514375

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ACADIA HEALTHCARE (ACHC) 2,138.000 SHS	84,772	84,772
ACUITY BRANDS INC (AYI) 850.000 SHS	248,311	248,311
ACV AUCTIONS INC COM CL-A (ACVA) 6,081.000 SHS	131,350	131,350
ADVANCED DRAINAGE SYSTEMS INC (WMS) 823.000 SHS	95,139	95,139
ADVANCED ENERGY INDS INC (AEIS) 1,627.000 SHS	188,130	188,130
AIR LEASE INC (AL) 2,989.000 SHS	144,100	144,100
ALBANY INTL CORP (AIN) 1,940.000 SHS	155,142	155,142
ALEXANDRIA REAL ESTATE EQUITIES INC (ARE) 1,177.000 SHS	114,816	114,816
AMICUS THERAPEUTICS INC (FOLD) 10,875.000 SHS	102,443	102,443
ATMOS ENERGY CORP (ATO) 1,156.000 SHS	160,996	160,996
AVANTOR INC (AVTR) 3,295.000 SHS	69,426	69,426
AVNET INC (AVT) 3,776.000 SHS	197,560	197,560
BATH & BODY WORKS INC (BBWI) 3,204.000 SHS	124,219	124,219
BIO-TECHNE CORP (TECH) 958.000 SHS	69,005	69,005
BLUEPRINT MEDICINES CORP (BPMC) 1,417.000 SHS	123,591	123,591
BORG-WARNER AUTOMOTIVE INC (BWA) 1,887.000 SHS	59,988	59,988
BRIGHT HORIZONS FAMILY SOLUTIONS (BFAM) 1,610.000 SHS	178,469	178,469
BRINKS CO (BCO) 1,360.000 SHS	126,167	126,167
BRP GROUP INC (BWIN) 2,380.000 SHS	92,249	92,249
BURLINGTON STORES INC (BURL) 313.000 SHS	89,224	89,224
BWX TECHNOLOGIES INC (BWXT) 854.000 SHS	95,122	95,122
CABOT CORP (CBT) 1,651.000 SHS	150,753	150,753
CAMECO CORP (CCJ) 2,012.000 QTY	103,397	103,397
CASELLA WASTE SYS INC (CWST) 1,334.000 SHS	141,151	141,151
CBRE GROUP, INC (CBRE) 2,339.000 SHS	307,087	307,087
CF INDUSTRIES HOLDINGS INC (CF) 1,673.000 SHS	142,740	142,740
CHARLES RIV LABORATORIES INTL INC (CRL) 681.000 SHS	125,713	125,713
CHART INDUSTRIES INC (GTLS) 585.000 SHS	111,641	111,641
CHEMED CORP (CHE) 337.000 SHS	178,543	178,543
CHURCHILL DOWNS INC (CHDN) 942.000 SHS	125,795	125,795
CLEARWATER ANALYTICS HLDGS CL-A (CWAN) 5,951.000 SHS	163,772	163,772
COGNEX CORP (CGNX) 4,082.000 SHS	146,381	146,381
CONFLUENT INC (CFLT) 6,847.000 SHS	191,442	191,442
CONMED CORP (CNMD) 1,405.000 SHS	96,158	96,158
CREDO TECHNOLOGY GRP HLDGS LTD (CRDO) 1,148.000 QTY	77,157	77,157
CURTISS WRIGHT CORP (CW) 279.000 SHS	99,009	99,009
DARDEN RESTAURANTS INC (DRI) 708.000 SHS	132,177	132,177
DARLING INT'L INC (DAR) 3,868.000 SHS	130,313	130,313
DIAMONDBACK ENERGY INC (FANG) 1,493.000 SHS	244,598	244,598
DIGI INTL INC (DGII) 5,325.000 SHS	160,975	160,975
DOXIMITY INC CL-A (DOCS) 3,737.000 SHS	199,518	199,518
DR HORTON INC (DHI) 1,270.000 SHS	177,571	177,571
DYNATRACE HOLDINGS LLC (DT) 3,619.000 SHS	196,693	196,693
EAGLE MATERIALS INC (EXP) 309.000 SHS	76,249	76,249
EASTGROUP PPTYS INC (EGP) 894.000 SHS	143,478	143,478
EASTMAN CHEM CO (EMN) 1,114.000 SHS	101,730	101,730
ELF BEAUTY INC (ELF) 1,653.000 SHS	207,534	207,534
ENTEGRIS INC (ENTG HII) 1,599.000 SHS	158,397	158,397
EPAM SYSTEMS INC (EPAM) 524.000 SHS	122,522	122,522
EVEREST RE GROUP LTD (EG) 417.000 SHS	151,146	151,146
EVOLENT HEALTH INC (EVH) 4,262.000 SHS	47,948	47,948
EXACT SCIENCES CORP (EXAS) 2,389.000 SHS	134,238	134,238
EXLSERVICE HOLDINGS INC (EXLS) 3,780.000 SHS	167,756	167,756
FIRSTCASH HLDGS INC (FCFS) 1,272.000 SHS	131,779	131,779
FIRSTSERVICE CORP (FSV) 441.000 QTY	79,830	79,830
FLEXTRONICS INT'L LTD (FLEX) 9,741.000 SHS	373,957	373,957
FLYWIRE CORPORATION (FLYW) 7,319.000 SHS	150,918	150,918
FOX FACTORY HOLDINGS CORP (FOXF) 1,565.000 SHS	47,373	47,373
FRESHPET INC (FRPT) 792.000 SHS	117,303	117,303
FTA AVIATION LTD (FTAI) 808.000 QTY	116,384	116,384
GATX CORP (GATX) 1,375.000 SHS	213,070	213,070
GLAUKOS CORP (GKOS) 634.000 SHS	95,062	95,062
GLOBUS MEDICAL INC (GMED) 751.000 SHS	62,115	62,115
GUIDEWIRE SOFTWARE INC (GWRE) 559.000 SHS	94,236	94,236
HEALTHSOUTH CORP (EHC) 1,171.000 SHS	108,142	108,142
HEARTLAND FINANCIAL USA INC (HTLF) 2,500.000 SHS	153,263	153,263
HUNTINGTON INGALLS INDUSTRIES INC (HII) 598.000 SHS	113,004	113,004
INSMED INC (INSM) 1,642.000 SHS	113,364	113,364
INSPIRE MED SYS INC (INSP) 632.000 SHS	117,160	117,160
INSULET CORPORATION (PODD) 526.000 SHS	137,323	137,323
K12 INC (LRN) 1,685.000 SHS	175,122	175,122
KOSMOS ENERGY LTD (KOS) 15,757.000 SHS	53,889	53,889
LANCASTER COLONY CORP (LANC) 578.000 SHS	100,075	100,075
LATTICE SEMICONDUCTOR CORP (LSCC) 1,210.000 SHS	68,547	68,547
LKQ CORP (LKQ) 2,723.000 SHS	100,070	100,070
LOUISIANA PAC CORP (LPX) 746.000 SHS	77,248	77,248
MADRIGAL PHARMACEUTICALS INC (MDGL) 255.000 SHS	78,685	78,685
MANHATTAN ASSOCS INC (MANH) 608.000 SHS	164,306	164,306
MASCO CORP (MAS) 2,587.000 SHS	187,739	187,739
MERCURY COMPUTER SYS INC (MRCY) 3,844.000 SHS	161,448	161,448
MERIT MED SYS INC (MMSI) 158.000 SHS	15,282	15,282
MIDDLEBY CORP (MIDD) 1,267.000 SHS	171,615	171,615
MOOG INC CL A (MOG.A) 1,300.000 SHS	255,892	255,892
MUELLER INDS INC (MLI) 1,993.000 SHS	158,164	158,164
MURPHY OIL CORP (MUR) 6,216.000 SHS	188,096	188,096
NEOGEN CORP (NEOG) 9,227.000 SHS	112,016	112,016
NEW FORTRESS ENERGY LLC (NFE) 9,825.000 SHS	148,554	148,554
NEXTRACKER INC (NXT) 3,501.000 SHS	127,892	127,892
NICE SYSTEMS LTD (NICE) 688.000 QTY	116,850	116,850
NOV INC (NOV) 8,115.000 SHS	118,479	118,479
NOVANTA INC (NOVT) 637.000 SHS	97,314	97,314
NVENT ELECTRIC PLC (NVT) 2,040.000 SHS	139,046	139,046
PARSONS CORP (PSN) 597.000 SHS	55,073	55,073
PEBBLEBROOK HOTEL TRUST (PEB) 6,071.000 SHS	82,262	82,262
PERFORMANCE FOOD GROUP CO (PFGC) 2,597.000 SHS	219,576	219,576
PINNACLE FINANCIAL PARTNERS (PNFP) 1,747.000 SHS	199,839	199,839
PLANET FITNESS INC (PLNT) 1,414.000 SHS	139,802	139,802
POOL CORP (POOL) 412.000 SHS	140,467	140,467
POPULAR, INC (BPOP) 1,787.000 SHS	168,085	168,085
PRENUMBRA INC (PEN) 531.000 SHS	126,102	126,102
PRIMO BRANDS CORP-A (PRMB) 7,291.000 SHS	224,344	224,344
PURE STORAGE INC (PSTG) 2,097.000 SHS	128,819	128,819
Q2 HOLDINGS INC (QTWO) 1,431.000 SHS	144,030	144,030
RANGE RESOURCES CORP (RRC) 1,435.000 SHS	51,631	51,631
RAYMOND JAMES FINL INC (RJF) 1,138.000 SHS	176,766	176,766
REGAL BELOIT CORP (RRX) 758.000 SHS	117,589	117,589
REINSURANCE GROUP OF AMERICA (RGA) 1,199.000 SHS	256,142	256,142
RENAISSANCE RE HLDGS LTD (RNR) 661.000 SHS	164,463	164,463
REVOLVE GROUP INC (RVLV) 2,233.000 SHS	74,783	74,783
SANMINA CORP (SANM) 2,707.000 SHS	204,839	204,839
SCHNEIDER NATIONAL INC (SNDR) 5,564.000 SHS	162,914	162,914
SEALED AIR CORP (SEE) 3,588.000 SHS	121,382	121,382
SHARKNINJA INC (SN) 1,944.000 QTY	189,268	189,268
SNAP ON INC (SNA) 594.000 SHS	186,375	186,375
SONOCO PRODUCTS CO (SON) 1,755.000 SHS	85,732	85,732
STAG INDUSTRIAL INC (STAG) 4,051.000 SHS	137,005	137,005
STIFEL FINANCIAL CORP (SF) 2,065.000 SHS	219,055	219,055
SYNOPSYS INC (SNPS) 383.000 SHS	185,893	185,893
TALEN ENERGY CORP (TLN) 967.000 SHS	194,821	194,821
TENABLE HLDGS INC (TENB) 2,357.000 SHS	92,819	92,819
THE AZEK CO INC (AZEK) 2,582.000 SHS	122,568	122,568
THE CARLYLE GROUP LP (CG) 4,452.000 SHS	224,781	224,781
THE SCOTTS MIRACLE-GRO CO (SMG) 1,357.000 SHS	90,023	90,023
TIMKEN CO (TKR) 1,379.000 SHS	98,419	98,419
TPG INC (TPG) 1,717.000 SHS	107,896	107,896
TRINET GROUP, INC (TNET) 801.000 SHS	72,707	72,707
TWIST BIOSCIENCE CORP (TWST) 1,883.000 SHS	87,503	87,503
UNITED BANKSHARES, INC (UBSI) 4,929.000 SHS	185,084	185,084
VARONIS SYSTEMS INC (VRNS) 1,367.000 SHS	60,736	60,736
VORNADO REALTY TRUST (VNO) 6,632.000 SHS	278,809	278,809
WEBSTER FIN'L CORP WATERBURY CONN (WBS) 2,017.000 SHS	111,379	111,379
WESBANCO INC (WSBC) 4,685.000 SHS	152,450	152,450
WESTERN ALLIANCE BANCORP (WAL) 1,261.000 SHS	105,344	105,344
WEX INC (WEX) 860.000 SHS	150,775	150,775
WHITECAP RESOURCES INC (SPGYF) 15,393.000 QTY	109,136	109,136
WILLSCOT MOBILE MINI HLDGS (WS) 3,169.000 SHS	106,003	106,003
WOLVERINE WORLD WIDE INC (WWW) 6,630.000 SHS	147,186	147,186

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

STRANAHAN FOUNDATION

EIN:

34-6514375

US Government Securities - End of Year Book Value:

6,306,451

US Government Securities - End of Year Fair Market Value:

6,306,451

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

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

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

STRANAHAN FOUNDATION

EIN:

34-6514375

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
AEW CORE PROPERTY (U.S.), LP	FMV	6,585,448	6,585,448
ARTISAN FUNDS INC (APHKX) 354,732.671 QTY	FMV	16,683,078	16,683,078
CFCRE COMM MTG 3.283% 5/10/58 23,000.000 QTY	FMV	22,584	22,584
CFCRE COMM MTG 3.597% 1/10/48 17,196.150 QTY	FMV	17,030	17,030
CITIGROUP COMM MTG 2.902% 7/10/49 69,000.000 QTY	FMV	66,942	66,942
CITIGROUP COMM MTG 3.717% 9/15/48 22,000.000 QTY	FMV	21,816	21,816
CITIGROUP COMM MTG 3.778% 9/10/58 20,000.000 QTY	FMV	19,784	19,784
COMM MTG 2015 3.759% 8/10/48 27,000.000 QTY	FMV	26,783	26,783
CSAIL COML MTG 3.502% 11/15/49 19,000.000 QTY	FMV	18,337	18,337
CSAIL COML MTG 3.718% 8/15/48 23,000.000 QTY	FMV	22,814	22,814
CSAIL COML MTG 3.807% 11/15/48 47,000.000 QTY	FMV	46,586	46,586
FIRST HORIZON NATIONAL CORP 26,000.000 QTY	FMV	5	5
GS MTG SECS 3.050% 5/10/49 23,000.000 QTY	FMV	22,485	22,485
JPMBB CML MTG 3.801% 8/15/48 18,839.040 QTY	FMV	18,667	18,667
JPMCC COML MTG 2.82% 8/15/49 49,000.000 QTY	FMV	47,433	47,433
MARRIOTT INT'L INC 170,131.000 QTY	FMV	475	475
METROPOLITAN REAL ESTATE PARTNERS GLOBAL III, LP	FMV	52,236	52,236
MS BOFA MI TRUST 3.720% 12/15/49 22,000.000 QTY	FMV	21,394	21,394
PIONEER BOND FUND 1,490,650.681 QTY	FMV	12,223,336	12,223,336
VANGUARD INSTL INDEX FD (VINIX) 77,174.911 QTY	FMV	36,959,065	36,959,065
WCM FOCUSED INTERNATIONAL GROWTH (WCMIX) 751,272.365 QTY	FMV	16,347,687	16,347,687
WELLS FARGO COMM MTG 2.918% 11/15/49 84,000.000 QTY	FMV	80,967	80,967
WELLS FARGO COMM MTG 3.631% 1/15/60 44,000.000 QTY	FMV	42,852	42,852
WELLS FARGO COMM MTG 3.637% 6/15/48 26,000.000 QTY	FMV	25,837	25,837
WELLS FARGO COMM MTG 3.664% 9/15/58 26,000.000 QTY	FMV	25,786	25,786
WELLS FARGO COMM MTG 3.809% 12/15/48 23,000.000 QTY	FMV	22,761	22,761

- TIN:

TY 2024 LegalFeesSchedule

Name:

STRANAHAN FOUNDATION

EIN:

34-6514375

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL SERVICES	7,875	0		7,875

- TIN:

TY 2024 OtherAssetsSchedule

Name:

STRANAHAN FOUNDATION

EIN:

34-6514375

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
SECURITY DEPOSIT	2,636	650	650
ACCRUED INVESTMENT INCOME RECEIVABLE	133,203	135,598	135,598

- TIN:

TY 2024 OtherExpensesSchedule

Name:

STRANAHAN FOUNDATION

EIN:

34-6514375

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
COMPUTER, WEBSITE & INTERNET	72,521	0	72,521
INSURANCE	7,968	0	7,968
GENERAL OFFICE EXPENSE	17,324	0	17,324
MEMBERSHIPS	21,985	0	21,985
OTHER PROGRAM EXPENSES	2,147	0	2,147
OTHER PARTNERSHIP EXPENSES	0	45,013	0
BANK CHARGES	6	0	6
UTILITIES	1,786	0	1,786
OFFICE EQUIPMENT	2,742	0	2,742

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

STRANAHAN FOUNDATION

EIN:

34-6514375

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER PARTNERSHIP INCOME THROUGH K-1	0	1,069	0
GRANT REFUNDS	18,344		18,344
SECURITIES LITIGATION	1,379	1,379	1,379
LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT	-4,503		-4,503

- TIN:

TY 2024 OtherIncreasesSchedule

Name:

STRANAHAN FOUNDATION

EIN:

34-6514375

Description	Amount
UNREALIZED GAIN ON INVESTMENTS	3,026,450

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

STRANAHAN FOUNDATION

EIN:

34-6514375

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	210,869	210,869	0
GRANT/PROGRAM CONSULTANTS	18,560	0	18,560
OTHER CONSULTANTS	200	0	200
CUSTODY FEES	59,899	59,899	0
BOOKKEEPING	37,500	0	37,500
INVESTMENT CONSULTANT FEES	122,398	122,398	0

- TIN:

TY 2024 TaxesSchedule

Name:

STRANAHAN FOUNDATION

EIN:

34-6514375

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	125,000	0		0
TAXES WITHHELD	3,866	3,866		0