Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
Ann M Duffer Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

83-2381733
B Telephone number (see instructions)

(800) 839-1754
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$17,273,961J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,000,045
2 Check right arrow.............
3 Interest on savings and temporary cash investments 27,075 27,075  
4 Dividends and interest from securities... 305,427 305,427  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 610,579
b Gross sales price for all assets on line 6a 6,965,398
7 Capital gain net income (from Part IV, line 2)... 2,173,490
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)....... Click to see attachment
List of Attached Documents:
// Content
30 30  
12 Total. Add lines 1 through 11........ 2,943,156 2,506,022  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
35,799 35,799    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
19,655 2,455    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
36,662 3,889   32,773
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 92,116 42,143   32,773
25 Contributions, gifts, grants paid....... 645,000 645,000
26 Total expenses and disbursements. Add lines 24 and 25 737,116 42,143   677,773
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,206,040
b Net investment income (if negative, enter -0-) 2,463,879
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 160,105 493,052 493,052
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 9,010,858 Click to see attachment
List of Attached Documents:
// Content
10,742,447 		12,292,877
c Investments—corporate bonds (attach schedule)....... 657,744 Click to see attachment
List of Attached Documents:
// Content
553,634 		511,624
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,352,083 Click to see attachment
List of Attached Documents:
// Content
2,597,697 		3,976,408
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,180,790 14,386,830 17,273,961
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 12,180,790 14,386,830
29 Total net assets or fund balances (see instructions)..... 12,180,790 14,386,830
30 Total liabilities and net assets/fund balances (see instructions). 12,180,790 14,386,830
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
12,180,790
2
Enter amount from Part I, line 27a .....................
2
2,206,040
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
14,386,830
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
14,386,830
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6,965,398   4,791,908 2,173,490
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,173,490
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,173,490
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 34,248
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 34,248
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 34,248
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 16,399
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 19,800
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 36,199
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 1,951
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow1,951 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowDE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Michael Duffer Dir, Pres, Sec, Treas
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
 
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
 
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
11,093,244
b
Average of monthly cash balances.......................
1b
617,374
c
Fair market value of all other assets (see instructions)................
1c
3,367,572
d
Total (add lines 1a, b, and c).........................
1d
15,078,190
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
15,078,190
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
226,173
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,852,017
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
742,601
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
742,601
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
34,248
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
34,248
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
708,353
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
708,353
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
708,353
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
677,773
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
677,773
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 708,353
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 647,739
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 677,773
a Applied to 2023, but not more than line 2a 647,739
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 30,034
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		678,319
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024.... 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
Michael Duffer
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

BOYS AND GIRLS CLUB OF MIDDLE TENNESSEE INC

1704 CHARLOTTE AVE STE 200
NASHVILLE,TN37203 		N/A PC General & Unrestricted 10,000

CHARITY WATER

230 FRANKLIN RD STE 11-II
FRANKLIN,TN37064 		N/A PC General & Unrestricted 30,000

COMMUNITY FOUNDATION OF SOUTH CENTRAL KENTUCKY INC

810 COLLEGE ST
BOWLING GREEN,KY42101 		N/A PC The Legion Fund's Support for the 5th Special Forces 5,000

EAST TENNESSEE FOUNDATION

520 W SUMMIT HILL DR STE 1101
KNOXVILLE,TN37902 		N/A PC North Carolina and Tennessee Hurricane Relief Efforts 25,000

FISHBURNE-HUDGINS EDUCATIONAL FOUNDATION

225 S WAYNE AVE
WAYNESBORO,VA22980 		N/A PC General & Unrestricted 5,000

HAMPDEN-SYDNEY COLLEGE

PO BOX 637
HAMPDEN SYDNEY,VA23943 		N/A PC General & Unrestricted 5,000

MAPS

PO BOX 103004
PASADENA,CA91189 		N/A PC General & Unrestricted 10,000

MEDECINS SANS FRONTIERES USA INC

PO BOX 5030
HAGERSTOWN,MD21741 		N/A PC General & Unrestricted 20,000

MEDICAL COLLEGE OF VIRGINIA FOUNDATION

1228 E BROAD ST
RICHMOND,VA23219 		N/A PC Duffer Scholarship Fund 25,000

MEDICAL COLLEGE OF VIRGINIA FOUNDATION

1228 E BROAD ST
RICHMOND,VA23219 		N/A PC Duffer Scholarship Fund 20,000

NASHVILLE HUMANE ASSOCIATION

213 OCEOLA AVE
NASHVILLE,TN37209 		N/A PC General & Unrestricted 20,000

NASHVILLE LAUNCH PAD INC

113 8TH AVE S
NASHVILLE,TN37203 		N/A PC General & Unrestricted 10,000

NASHVILLE RESCUE MISSION

PO BOX 24661
NASHVILLE,TN37202 		N/A PC General & Unrestricted 10,000

NASHVILLE RESCUE MISSION

PO BOX 24661
NASHVILLE,TN37202 		N/A PC Building Hope for Women & Children Campaign 30,000

NASHVILLE SYMPHONY ASSOCIATION

1 SYMPHONY PL
NASHVILLE,TN37201 		N/A PC General & Unrestricted 5,000

NATIONAL PARKS CONSERVATION ASSOCIATION

777 6TH ST NW STE 700
WASHINGTON,DC20001 		N/A PC General & Unrestricted 10,000

NATIONAL PHILANTHROPIC TRUST

165 TOWNSHIP LINE RD STE 1200
JENKINTOWN,PA19046 		N/A PC Hurricane Relief efforts Fund in Tennessee and North Carolina 25,000

NATIVE AMERICAN INDIAN ASSOCIATION OF TENNESSEE

230 SPENCE LN
NASHVILLE,TN37210 		N/A PC General & Unrestricted 20,000

OASIS CENTER INC

1704 CHARLOTTE AVE STE 200
NASHVILLE,TN37203 		N/A PC Just Us program 10,000

OASIS CENTER INC

1704 CHARLOTTE AVE STE 200
NASHVILLE,TN37203 		N/A PC General & Unrestricted 20,000

OPERATION HEADSHOT

5372 BIG SPRINGS RD
LEBANON,TN37090 		N/A PC General & Unrestricted 10,000

SECOND HARVEST FOOD BANK OF MIDDLE TENNESSEE INC

331 GREAT CIR ROAD
NASHVILLE,TN37228 		N/A PC General & Unrestricted 30,000

SONORA AREA FOUNDATION

362 S STEWART ST
SONORA,CA95370 		N/A PC Ann Duffer Memorial Fund 35,000

ST JUDE CHILDRENS RESEARCH HOSPITAL INC

501 ST JUDES PL
MEMPHIS,TN38105 		N/A PC General & Unrestricted 25,000

TENNESSEE PERFORMING ARTS CENTER MANAGEMENT CORPOR

505 DEADERICK ST
NASHVILLE,TN37243 		N/A PC General & Unrestricted 5,000

THISTLE FARMS INC

5122 CHARLOTTE PIKE
NASHVILLE,TN37209 		N/A PC General & Unrestricted 20,000

VANDERBILT UNIVERSITY MEDICAL CENTER

PMB 407727 2301 VANDERBILT PL
NASHVILLE,TN37240 		N/A PC Shade Tree Endowment Fund 25,000

VANDERBILT UNIVERSITY MEDICAL CENTER

PMB 407727 2301 VANDERBILT PL
NASHVILLE,TN37240 		N/A PC Rheumatoid Arthritis Research 25,000

VANDERBILT UNIVERSITY MEDICAL CENTER

PMB 407727 2301 VANDERBILT PL
NASHVILLE,TN37240 		N/A PC VUMC Pediatric rehabilitation program 25,000

VANDERBILT UNIVERSITY MEDICAL CENTER

PMB 407727 2301 VANDERBILT PL
NASHVILLE,TN37240 		N/A PC Pediatric Arthritis Research 25,000

VANDERBILT UNIVERSITY MEDICAL CENTER

PMB 407727 2301 VANDERBILT PL
NASHVILLE,TN37240 		N/A PC Interventional Cardiology 25,000

VANDERBILT UNIVERSITY MEDICAL CENTER

PMB 407727 2301 VANDERBILT PL
NASHVILLE,TN37240 		N/A PC COPD Study 25,000

VANDERBILT UNIVERSITY MEDICAL CENTER

PMB 407727 2301 VANDERBILT PL
NASHVILLE,TN37240 		N/A PC Stem Cell Transplant Research 25,000

WORLD CENTRAL KITCHEN INCORPORATED

PO BOX 96538
WASHINGTON,DC20090 		N/A PC Tennessee and North Carolina Hurricane Relief Programs 25,000

YOUNG AMERICANS CENTER FOR FINANCIAL EDUCATION

3550 E 1ST AVE
DENVER,CO80206 		N/A PC General & Unrestricted 5,000
Total .................................right arrow 3a 645,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 27,075  
4 Dividends and interest from securities ....     14 305,427  
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 ............ 		    18 610,579  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION LAWSUIT PROCEEDS 		    01 30  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   943,111  
13Total. Add line 12, columns (b), (d), and (e)..................
13
943,111
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
Ann M Duffer Family Foundation
 
Employer identification number

83-2381733
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
Ann M Duffer Family Foundation
  		Employer identification number
83-2381733
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Duffer Michael
717 Lakeshore Pointe
 
Old Hickory, TN37138

$ 2,000,045


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
Ann M Duffer Family Foundation
  		Employer identification number

83-2381733
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ISHARE SP SMALL CAP 600 INDEX FD IJR, 15874 sh. $ 2,000,045 2024-12-04
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
Ann M Duffer Family Foundation
  		Employer identification number

83-2381733
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

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

TY 2024 DepreciationSchedule
Name:
Ann M Duffer Family Foundation
EIN:
83-2381733
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2024 InvestmentsCorpBondsSchedule
Name:
Ann M Duffer Family Foundation
EIN:
83-2381733
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE INC - 3.600% - 05/14/20 105,334 99,587
ATT INC - 3.800% - 02/15/2027 107,289 98,115
CIMAREX ENERGY CO - 3.900% - 0 102,490 94,267
DOLLAR TREE INC - 4.200% - 05/ 107,703 97,240
EXPEDIA GROUP INC - 3.800% - 0 26,022 24,151
FEDEX CORP - 3.250% - 04/01/20 104,796 98,264

TY 2024 InvestmentsCorpStockSchedule
Name:
Ann M Duffer Family Foundation
EIN:
83-2381733
Name of Stock End of Year Book Value End of Year Fair Market Value
AALBERTS INDUSTRIES 12,497 11,297
AAM/BAHL & GAYNOR INCOME GROWT 52,546 64,615
ABBOTT LABS 83,433 87,208
ABBVIE INC 50,552 58,641
ACCENTURE PLC 55,567 61,211
ADVANCED MICRO DEVICES INC 96,476 71,025
AECOM TECHNOLOGY CORPORATION 18,547 22,432
AGCO CP 16,252 15,518
ALIBABA GROUP HOLDING LTD 19,396 16,704
ALLSTATE CORP 33,136 32,003
ALPHABET INC CL A 70,293 98,057
AMAZON COM 91,947 129,879
AMERICAN EXPRESS CO 60,763 71,526
AMERICAN WATER WORKS COMPANY I 49,438 44,567
AMERIPRISE FINANCIAL INC 44,244 62,827
AMETEK INC 22,642 25,777
ANALOG DEVICES INC 84,299 94,332
APOLLO GLOBAL MANAGEMENT, INC 31,484 40,299
APPLE INC 103,398 156,763
APPLIED MATERIALS INC 20,694 22,443
APPLOVIN CORP 21,740 20,725
ARCH CAPITAL GROUP LTD 40,575 36,940
ARISTA NETWORKS 23,941 53,386
ASML HOLDING NV NY REG SHS 44,177 47,129
ASTRAZENECA 19,238 20,311
AUTODESK, INC 41,147 44,040
AUTOMATIC DATA PROCESSING INC 73,185 88,112
AVANTIS EMERGING MKTS EQUITY 485,163 496,598
AVANTOR HOLDINGS INC 46,284 35,018
AXA ADS 8,478 9,500
BANK OF IRELAND GROUP PLC 25,608 26,734
BJ'S WHLSL CLUB INC 43,402 48,070
BLACKROCK INC 71,053 89,185
BLUE OWL CAPITAL CORPORATION 50,159 60,480
BOOZ ALLEN HAMILTON HOLDING CO 25,667 26,512
BRISTOL-MYERS SQUIBB CO 25,505 27,432
BROADCOM INC 149,435 333,154
BUILDERS FIRST SOURCE INC 21,219 17,009
CADENCE DESIGN SYSTEMS INC 27,352 32,149
CARLISLE COS INC 21,170 18,442
CELEBRATE INTERNATIONAL HOLDIN 13,900 7,741
CENCORA INC 47,332 51,002
CF INDUSTRIES HOLDINGS, INC 17,482 17,747
CHARLES SCHWAB CORP 19,948 22,277
CHINA MENGNIU DAIRY COMPANY AD 22,254 17,526
CHIPOTLE MEX GRILL 43,273 58,793
CHUBB LIMITED 48,289 64,931
CITIGROUP GLOBAL MARKETS L/O 1 500,001 417,500
CMS ENERGY CP 10,237 9,731
COGNIZANT TECHNOLOGY SOLUTIONS 28,791 32,144
CORTEVA INC 18,711 19,196
COSTCO WHOLESALE CORPORATION 11,319 15,577
CROWDSTRIKE HOLDINGS, INC 33,159 38,322
CURTISS WRIGHT CP 28,319 47,198
DARDEN RESTAURANTS INC 23,120 27,630
DATADOG INC 26,253 35,294
DENALI THERAPEUTICS 7,350 5,971
DEXCOM, INC 37,669 33,597
DIAMONDBACK ENERGY INC 29,504 32,766
DISCOVER FINL SVCS COM 29,759 43,134
DYNATRACE 42,749 46,306
EAST WEST BANCORP, INC 19,455 22,695
EATON CORP PLC 28,883 25,554
ELI LILLY & CO 13,758 13,124
ENTEGRIS INC 34,259 25,954
EPAM SYSTEMS INC 26,719 25,253
EQUINOR ASA 28,728 27,409
EQUITY RESIDENTIAL PPTYS TR 38,208 38,033
ERSTE GROUP BANK AG 13,307 13,443
EXXON MOBIL CORP 46,517 45,610
FORTINET INC 19,140 28,344
GATES INDUSTRIAL CORPORATION P 8,338 8,722
GE VERNOVA 11,038 12,499
GENERAC HOLDING INC 13,835 10,233
GENMAB A/S SPON 50 42
GROUPE DANONE ADS 19,634 20,045
GS FINANCE CORP 250,000 218,250
GS FINANCE CORP L/O TA-CYN SPY 250,000 200,250
GUARDANT HEALTH INC 7,114 6,629
HESS CORP 17,657 19,153
HOME DEPOT INC 95,067 107,361
HOULIHAN LOKEY INC 35,952 64,081
HOWMET AEROSPACE ORD SHS 30,230 35,764
HUBSPOT INC 51,653 73,161
IDEXX CORP 19,261 16,124
INGERSOLL-RAND INC 20,935 25,238
INT'L FLAVORS & FRAGRANCES INC 38,019 34,243
INTEL CORP 23,594 14,877
INTUITIVE SURGICAL 28,734 44,889
ISHARES CORE MSCI EAFE ETF 971,569 1,015,264
ISHARES CORE MSCI EMERGING MAR 495,774 496,089
ISHARES TRUST MSCI EAFE INDEX 97,874 101,544
ITT INC 21,914 23,432
JOHNSON & JOHNSON 76,874 70,285
JP MORGAN CHASE 125,458 180,022
KERRY GROUP PLC 15,302 15,091
KEYENCE CORP FIRST SECTION COM 19,408 19,323
KLA TENCOR CORP 26,253 25,835
KNORR BREMSE AG EUR 20,342 17,845
KONINKLIJKE PHILIPS ELECTRONIC 56,863 62,642
LINDE PLC COM 56,362 61,544
MANHATTAN ASSOCIATES INC 23,411 27,294
MARSH AND MCLENNAN COMPANIES I 45,682 54,165
MARTIN MARIETTA MATLS INC 32,317 33,056
MARVELL TECHNOLOGY, INC 32,509 61,521
MASIMO CORPORATION 39,000 47,606
MASTERCARD INC 33,258 41,599
MCDONALD'S CORP 51,595 56,818
MEITUAN DIANPING UNSPONSORED A 12,582 18,745
MERCADOLIBRE, INC 23,688 25,507
META FINANCIAL GROUP, INC 10,626 9,271
META PLATFORMS INC 60,443 84,313
MICRON TECHNOLOGY 48,040 43,595
MICROSOFT CORP 393,305 531,089
MOLINA HEALTHCARE 24,665 21,829
MONGODB INC CL A 22,934 21,186
MONTROSE ENVIRONMENTAL GRP ORD 7,314 2,987
MORGAN STANLEY 60,651 79,204
MSA SAFETY INCORPORATED 12,591 12,930
NEXTERA ENERGY, INC 72,165 73,339
NIKE INC-CL B 20,471 16,647
NUTANIX INC 32,068 30,162
NVENT ELECTRIC PLC 15,653 13,973
NVIDIA CORP 99,722 205,061
ON SEMICONDUCTOR 77,055 66,203
OPTION CARE HEALTH INC 6,904 5,290
ORACLE CORP 113,171 170,306
PALO ALTO NETWORKS INC 25,063 36,028
PENTAIR INC. COM 21,319 22,644
PHILLIPS 66 52,331 49,446
PINDUODUO INC 21,691 22,793
PING AN INSURANCE GROUP ADR 14,282 13,956
PINTEREST INC 34,023 34,104
PROCTER GAMBLE CO 51,484 60,354
PROGRESSIVE CORP OHIO 18,269 30,910
PROLOGIS 85,702 75,047
PRYSMIAN SPA 11,597 15,882
PT BANK CENTRAL ASIA TBK 11,969 12,540
REPUBLIC SVCS INC 16,913 24,745
RIVIAN AUTOMOTIVE INC CL A 13,540 13,353
ROYAL BANK OF CANADA T-GEARS I 205,000 195,980
RPM INTERNATIONAL INC 19,081 21,043
S&P GLOBAL INC COM 34,818 44,325
SALESFORCE.COM 31,280 39,117
SAP AKTIENGESELL ADS 19,446 20,928
SERVICE CP INTL 32,349 40,549
SERVICE NOW 63,936 92,230
SHIN-ETSU CHEMICAL C 7,894 9,218
SHOPIFY INC 33,147 42,426
SONY GROUP CORP 40,997 40,627
SPECTRIS PLC 14,726 10,597
SYNOPSYS, INC 39,391 34,946
TAIWAN SEMICONDUCTOR MFG CO LT 131,623 214,277
TAKE-TWO INTERACTIVE SOFTWARE 98,396 118,179
TENCENT HOLDINGS LIMITED 28,013 27,600
TERADYNE INC 19,992 17,503
TEXAS INSTRUMENTS INC 70,411 65,253
THE COCA-COLA CO 62,934 69,420
THE TRADE DESK INC 16,762 23,976
THERMO FISHER SCIENTIFIC INC 32,026 29,133
TJX COMPANIES INC 82,930 91,816
TOLL BROTHERS INC 24,094 23,805
TRADEWEB MARKETS INC 37,272 57,998
TRANE TECHNOLOGIES PLC 44,789 57,988
TYLER TECHNOLOGIES, INC 40,703 51,898
UBER 6,987 6,997
UNION PACIFIC 68,460 68,412
UNITEDHEALTH GROUP INC 120,066 122,418
UNIVERSAL DISPLAY CORP 44,195 37,720
VANGUARD DIVIDEND APPRECIATION 240,345 377,364
VANGUARD MID-CAP ETF 137,520 204,437
VANGUARD SM-CAP ETF 132,905 193,185
VICTORYSHARES US 500 VOLATILIT 277,935 418,097
VISTRA ENERGY CORP 17,026 26,333
WAL-MART STORES INC 45,767 47,886
WEST JAPAN RAILWAY C 8,301 6,936
WESTERN DIGITAL CORP 34,984 28,444
YUM BRANDS INC 40,223 40,248
ZSCALER INC 90,121 79,741

TY 2024 InvestmentsOtherSchedule2
Name:
Ann M Duffer Family Foundation
EIN:
83-2381733
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BLACKSTONE STRATEGIC PTNRS VII   390,261 970,439
CARLYLE AIP SECONDARIES ACCESS   220,000 243,647
NB CROSSROADS PRIVATE MKT VI   637,500 785,641
NB CROSSROADS PRIVATE MKT VII   375,000 482,081
PARTNERS GROUP PRIVATE EQUITY   443,291 620,149
PORTFOLIO ADVISORS PEF 2019 OF   531,010 874,413
RETHINK IMPACT III, L.P   635 38

TY 2024 OtherExpensesSchedule
Name:
Ann M Duffer Family Foundation
EIN:
83-2381733
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 32,748     32,748
Bank Charges 534 534    
K-1 Exp RETHINK IMPACT III, L. 3,355 3,355    
State or Local Filing Fees 25     25


TY 2024 OtherIncomeSchedule2
Name:
Ann M Duffer Family Foundation
EIN:
83-2381733
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Class Action Lawsuit Proceeds 30 30  


TY 2024 OtherProfessionalFeesSchedule
Name:
Ann M Duffer Family Foundation
EIN:
83-2381733
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 35,799 35,799    


TY 2024 TaxesSchedule
Name:
Ann M Duffer Family Foundation
EIN:
83-2381733
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2024 15,500      
990-PF Extension for 2023 1,700      
Foreign Tax Paid 2,455 2,455