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
SMART FAMILY FOUNDATION OF NEW YORK
 
Number and street (or P.O. box number if mail is not delivered to street address)1333A NORTH AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW ROCHELLE, NY108042120
A Employer identification number

81-3395492
B Telephone number (see instructions)

(914) 632-2762
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$69,327,431J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,415,871 1,415,871  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,621,171
b Gross sales price for all assets on line 6a 14,121,036
7 Capital gain net income (from Part IV, line 2)... 2,621,171
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,037,042 4,037,042  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 252,500 50,500   202,000
14 Other employee salaries and wages...... 27,475 5,495   21,980
15 Pension plans, employee benefits....... 15,773 3,155   12,618
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
18,657 3,731   14,926
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
55,618 11,124   44,495
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
343,937 311,239   32,699
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
71,286 31,286   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
777 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 32,283 6,457   25,826
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
28,870 5,775   23,096
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 847,176 428,762   377,640
25 Contributions, gifts, grants paid....... 3,148,500 3,148,500
26 Total expenses and disbursements. Add lines 24 and 25 3,995,676 428,762   3,526,140
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 41,366
b Net investment income (if negative, enter -0-) 3,608,280
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 274,966 703,980 703,980
2 Savings and temporary cash investments......... 1,078,854 1,196,289 1,196,289
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) 4,433,158 Click to see attachment
List of Attached Documents:
// Content
5,523,416 		5,263,873
b Investments—corporate stock (attach schedule)....... 31,037,522 Click to see attachment
List of Attached Documents:
// Content
31,306,447 		51,491,211
c Investments—corporate bonds (attach schedule)....... 10,955,944 Click to see attachment
List of Attached Documents:
// Content
9,300,477 		8,728,643
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).......... 1,809,262 Click to see attachment
List of Attached Documents:
// Content
1,555,076 		1,734,246
14 Land, buildings, and equipment: basis right arrow24,295
Less: accumulated depreciation (attach schedule) right arrow21,106 0 Click to see attachment
List of Attached Documents:
// Content
3,189 		3,189
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
206,000 		Click to see attachment
List of Attached Documents:
// Content
206,000 		Click to see attachment
List of Attached Documents:
// Content
206,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 49,795,706 49,794,874 69,327,431
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) Click to see attachment
List of Attached Documents:
// Content
32,967 		Click to see attachment
List of Attached Documents:
// Content
6,863
23 Total liabilities (add lines 17 through 22)......... 32,967 6,863
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 49,762,739 49,788,011
29 Total net assets or fund balances (see instructions)..... 49,762,739 49,788,011
30 Total liabilities and net assets/fund balances (see instructions). 49,795,706 49,794,874
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
49,762,739
2
Enter amount from Part I, line 27a .....................
2
41,366
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
49,804,105
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
16,094
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
49,788,011
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 BANK OF AMERICA (PUBLICLY TRADED SECURITIES)      
b BANK OF AMERICA (PUBLICLY TRADED SECURITIES)      
c JP MORGAN (PUBLICLY TRADED SECURITIES)      
d JP MORGAN (PUBLICLY TRADED SECURITIES)      
e JP MORGAN (PUBLICLY TRADED SECURITIES)(WASHSALE)      
JP MORGAN (PUBLICLY TRADES SECURITIES)( WASH SALE)      
(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 738,789   741,944 -3,155
b 3,953,448   4,054,909 -101,461
c 2,321,898   2,171,684 150,214
d 7,106,901   4,532,808 2,574,093
e       915
      565
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       -3,155
b       -101,461
c       150,214
d       2,574,093
e       915
      565
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 2,621,171
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 50,155
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 50,155
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 50,155
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 56,866
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 71,866
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 20
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 21,691
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow21,691 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIL, NY
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 arrowN/A
14
The books are in care ofright arrowTHE INNOVATIVE CPA GROUP Telephone no.right arrow (203) 281-4933

Located atright arrowPO BOX 187169HAMDENCT ZIP+4right arrow06518
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
MARY SMART CHAIR,SECRETARY AND DIRECT
15.00 		112,500 0 0
1333A NORTH AVENUE 432
NEW ROCHELLE,NY108042120
DAVID STONE PRESIDENT,TREASURER AND DI
15.00 		112,500 0 0
1333A NORTH AVENUE 432
NEW ROCHELLE,NY108042120
JIM DANATOS DIRECTOR
5.00 		27,500 0 0
1333A NORTH AVENUE 432
NEW ROCHELLE,NY108042120
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
JP MORGAN INVESTMENT MANAGMENT 197,186
270 PARK AVENUE
NEW YORK,NY10017
FIDUCIENT ADVISORS LLC INVESTING CONSULTING 57,647
500 W MADISON STREET SUITE 1700
CHICAGO,IL60661
TM BYXBEE CO ACCOUNTING 55,618
2319 WHITNEY AVENUE
HAMDEN,CT06518
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
69,908,639
b
Average of monthly cash balances.......................
1b
220,215
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
70,128,854
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
70,128,854
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,051,933
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
69,076,921
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,453,846
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
3,453,846
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
50,155
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
50,155
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,403,691
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,403,691
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,403,691
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
3,526,140
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,526,140
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 3,403,691
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 2,805,226
b Total for prior years:20 , 20, 20 0
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 ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 3,526,140
a Applied to 2023, but not more than line 2a 2,805,226
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..... 720,914
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 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 .......... 		2,682,777
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)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or 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

AEOLIAN CHAMBER PLAYERS INC

173 RIVERSIDE DRIVE
NEW YORK,NY10024 		NONE PC BACH VIRTUOSI FESTIVAL AND BACH VIRTUOSI FESTIVAL MAINE 50,000

AMERICAN ACADEMY IN BERLIN

14 E 60TH ST SUITE 1104
NEW YORK,NY10022 		NONE PC GENERAL SUPPORT 10,000

AMERICAN JEWISH COMMITTEE

165 EAST 56TH STREET
NEW YORK,NY10022 		NONE PC GENERAL OPERATING SUPPORT 50,000

AMERICANS FOR BEN-GURION UNIVERSITY INC

1001 AVENUE OF THE AMERICAS 19TH
FLOOR
NEW YORK,NY10018 		NONE PC FUND PROF SHOSH ARAD'S SULFATED POLYSACCHARIDES OF RED MICROALGAE-BIOTECHNOLOGY 50,000

ARTISIDES DESOUSA MENDES FOUNDATION US

1 TENNYSON PLACE
GREENLAWN,NY11740 		NONE PC SEYMON PINKHASOV FILM "THE HAGGADAHOF SARAJEVO" 25,000

ASPEN CENTER FOR PHYSICS

700 W GILLESPIE ST
ASPEN,CO81611 		NONE PC GENERAL OPERATING FUND 20,000

AT HOME ON THE SOUND INC

PO BOX 523
MAMARONECK,NY10543 		NONE PC EXPAND PROGRAMS 10,000

BETH EL SYNAGOGUE CENTER

1324 NORTH AVENUE
NEW ROCHELLE,NY10804 		NONE PC PROGRAMMING FOR THE SENIOR POPULATION 25,000

CHAMELEON ARTS ENSEMBLE OF BOSTON INC

6 ROCKY NOOK TERRACE
BOSTON,MA02130 		NONE PC 2024-2024 SEASON PROGRAMS 25,000

CHATHAM DAY SCHOOL INC

700 SHUNPIKE ROAD
CHATHAM,NJ07928 		NONE PC TOGETHER WE PLAY CAPITAL CAMPAIGN 50,000

COLUMBUS HOUSE

586 ELLA T GRASSO BLVD
NEW HAVEN,CT06519 		NONE PC GENERAL OPERATING EXPENSES 50,000

COMMITTEE FOR CATSKILL RESORT MUSEUM INC

90 CANAL STREET
ELLENVILLE,NY12428 		NONE PC CATSKILLS BORSCH BELT MUSEUM 20,000

CONNECTICUT HOSPICE INC

100 DOUBLE BEACH ROAD
BRANFORD,CT06405 		NONE PC GUIDE INITIATIVE 20,000

CONNECTICUT NEWS PROJECT INC

1049 ASYLUM AVE
HARTFORD,CT06105 		NONE PC SUPPORT INVESTIGATIVE REPORTING AND OPERATING EXPENSES 50,000

CONNECTICUT PUBLIC BROADCASTING INC

1049 ASYLUM AVE
HARTFORD,CT06105 		NONE PC SUPPORT OF THE NEW ENGLAND NEWS COLLABORATIVE 50,000

DOBBS FERRY HISTORICAL SOCIETY

12 ELM STREET
DOBBS FERRY,NY10522 		NONE PC MEAD HOUSE FENCE REPAIR AND MAINTENANCE 10,000

ELI WHITNEY MUSEUM

915 WHITNEY AVENUE
HAMDEN,CT06517 		NONE PC GENERAL OPERATING EXPENSES 20,000

FAIRLEIGH DICKINSON UNIVERISTY

285 MADISON AVENUE M-DBO-01
MADISON,NJ07940 		NONE PC SUPPORT SCHOLARSHIPS IN THEATRE AND FILM AT THE SCHOOL OF ARTS 5,000

FOLKSBEINE YIDDISH THEATRE INC

36 BATTERY PLACE
NEW YORK,NY10280 		NONE PC SUPPORT FOR 12-PART ONLINE YIDDISH CONCERT SERIES 50,000

FOOTE SCHOOL ASSOCIATION INC

50 LOOMIS PLACE
NEW HAVEN,CT06511 		NONE PC HORIZONS AT FOOTE 50,000

FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC

475 SOUTH STREET
MORRISTOWN,NJ07960 		NONE PC CALLING ALL KIDS 10,000

FOUNTAIN THEATRE

5060 FOUNTAIN AVENUE
LOS ANGELES,CA90029 		NONE PC OPERATING FUNDS FOR ITS PRODUCTION OF STEPHEN SACHS FATHERLAND 15,000

FRACTURED ATLAS INC

PO BOX 55
HARTSDALE,NY10530 		NONE PC WESTCHESTER REVIEW 25,000

FRACTURED ATLAS INC

PO BOX 55
HARTSDALE,NY10530 		NONE PC HOLOCAUST AWARENESS THROUGH DOCUMENTARY FILM 25,000

FRACTURED ATLAS INC

PO BOX 55
HARTSDALE,NY10530 		NONE PC WESTCHESTER REVIEW 10,000

FRIENDS ASSOCIATION FOR CARE & PROTECTION OF CHILDREN

113 WEST CHESTNUT STREET
WESTCHESTER,PA19380 		NONE PC GENERAL OPERATING FUNDS 25,000

FRIENDS OF THE OLD CROTON AQUEDUCT INC

15 WALNUT STREET
DOBBS FERRY,NY10522 		NONE PC FUND EXHIBIT AT THE KEEPER'S HOUSE 10,000

HEBREW FREE LOAN SOCIETY INC

675 THIRD AVENUE 19TH FLOOR
NEW YORK,NY10017 		NONE PC GENERAL OPERATING SUPPORT 25,000

HOPKINS SCHOOL INCORPORATED

986 FOREST ROAD
NEW HAVEN,CT06515 		NONE PC PATHFINDERS PROGRAM 35,000

INDEPENDENT FEATURE PROJECT INC

55 WASHINGTON STREET SUITE 324
BROOKLYN,NY11201 		NONE PC VISION FRAME LLC DOCUMENTARY FILM "LAPIDUS: ARCHITECT OF JOY" 25,000

INDEPENDENT FEATURE PROJECT INC

55 WASHINGTON STREET SUITE 324
BROOKLYN,NY11201 		NONE PC VAST PRODUCTIONS DOCUMENTARY FILM "SINGING UP THE PAST" 25,000

INTEGRATED REFUGEE & IMMIGRANT SERVICE INC

235 NICOLL STREET
NEW HAVEN,CT06511 		NONE PC PROVIDE MEDICAL AND MENTAL HEALTH SERVICES FOR RESETTLED REFUGEES AND IMMIGRANTS 50,000

INTERNATIONAL OCD FOUNDATION INC

PO BOX 961029
BOSTON,MA02196 		NONE PC GENERAL SUPPORT 10,000

INTERNEWS NETWORKS

PO BOX 4448
ARCATA,CA95518 		NONE PC EARTH JOURNALISM NETWORK 10,000

ISRAEL CANCER RESEARCH FUND INC

52 VANDERBILT AVE SUTIE 1510
NEW YORK,NY10017 		NONE PC FUND PROJECT OF AVI-HAI HOVAV, PHD OF HEBREW UNIVERSITY OF JERUSALEM 66,000

JEWISH INTEREST FREE LOAN OF ATLANTA INC

4549 CHAMBLEE DUNWOODY ROAD
CHAMBLEE,GA30341 		NONE PC GENERAL OPERATING SUPPORT 10,000

JOHN HOPKINS UNIVERSITY

615 N WOLFE STREET E2132
BALTIMORE,MD212052179 		NONE PC ADVANCE FIVE PRIORITY GUN VIOLENCE SOLUTIONS POLICIES 25,000

KOREAN CULTURAL CENTER OF CHICAGO

9925 CAPITOL DR
WHEELING,IL60090 		NONE PC EXHIBIT "SYMBOLISM IN TRADITIONAL KOREAN ART AND CULTURE 15,000

LEAP

31 JEFFERSON STREET
NEW HAVEN,CT06511 		NONE PC SUPPORT ENRICHMENT PROGRAM FOR YOUTH OF COLOR IN NEW HAVEN 35,000

MONTCLAIR STATE UNIVERSITY FOUNDATION INC

1 NORMAL AVENUE
MONTCLAIR,NJ07043 		NONE PC FUND RESEARCH PROJECT ON INFORMATION ASYMMETRY IN DIGITAL MARKETS 25,000

MUSEUM OF EARLY TRADES AND CRAFTS

9 MAIN STREET
MADISON,NJ07940 		NONE PC CREATIVE EDUCATION INITIATIVE 5,000

MUSIC CONSERVATORY OF WESTCHESTER

216 CENTRAL AVENUE
WHITE PLAINS,NY10606 		NONE PC SUPPORT THE CONSERVATORY'S MUSIC INSTRUCTION PROGRAMS FY2024-2025 25,000

MUSIC MOUNTAIN INC

PO BOX 738
LAKEVILLE,CT06039 		NONE PC GENERAL OPERATING SUPPORT 10,000

MUSIC MOUNTAIN INC

PO BOX 738
LAKEVILLE,CT06039 		NONE PC SUPPORT EDUCATION OUTREACH, COOPERATION WITH WSHU AND UNDERWRITE CONCERT 20,000

NATIONAL INTERSCHOLASTIC CYCLING ASSOCIATION

33 CARLA LANE
IRVINGTON,NY10533 		NONE PC GENERAL OPERATING SUPPORT 12,000

FOLKSBEINE YIDDISH THEATRE INC

36 BATTERY PLACE 4TH FLOOR
NEW YORK,NY10280 		NONE PC SUPPORT FOR STRATEGIC PLAN 100,000

NEIGHBORHOOD MUSIC SCHOOL

100 AUDUBON STREET
NEW HAVEN,CT06515 		NONE PC FUNDING FOR TEACHER SUPPORT AND DEVELOPEMENT 10,000

NEW JERSEY PERFORMING ARTS CENTER

ONE CENTER STREET
NEWARK,NJ07102 		NONE PC SUPPORT PROGRAMMING DURING THE ARTS CENTER 2024-25 SEASON AND SPOTLIGHT GALA 125,000

NEW JERSEY PERFORMING ARTS CENTER

ONE CENTER STREET
NEWARK,NJ07102 		NONE PC STONE FAMILY CREATIVE DEVELOPMENT FUND 100,000

NEW ROCHELLE POLICE FOUNDATION INC

PO BOX 96
NEW ROCHELLE,NY10804 		NONE PC FUND NEW ROCHELLE POLICE DEPARTMENT'S MENTORING IN BLUE PROGRAM 25,000

NEW YORK UNIVERSITY

22 WASHINGTON SQUARE NORTH
NEW YORK,NY10011 		NONE PC NYU SCHOOL OF LAW DAVID BOIES PRIZE PROGRAM 175,000

PECCADILLO THEATER COMPANY INC

423 W 46TH STREET
NEW YORK,NY10036 		NONE PC SUPPORT FOR UNDERPRIVILEGED ACCESS TO THEATRE AND GENERAL OPERATING EXPENSES 200,000

PEF ISRAEL ENDOWMENT FUNDS INC

630 THIRD AVENUE 15TH FLOOR
NEW YORK,NY10017 		NONE PC GENERAL OPERATIONS 100,000

PURCHASE COLLEGE FOUNDATION

735 ANDERSON HILL ROAD
PURCHASE,NY10577 		NONE PC THE PURCHASE COLLEGE JEWISH STUDIES PROGRAM 25,000

PURCHASE COLLEGE FOUNDATION

735 ANDERSON HILL ROAD
PURCHASE,NY10577 		NONE PC SUPPORT PUBLIC PROGRAMS AND OTHER NEEDS OF JEWISH STUDIES PROGRAM 25,000

REUNION SPORTIVE D HAITI INC

903 KENNEBEC AVENUE
TAKOMA PARK,MD20912 		NONE PC GENERAL OPERATING SUPPORT 5,000

SACRED HEART UNIVERSITY

5151 PARK AVENUE
FAIRFIELD,CT06825 		NONE PC WSHU GENERAL OPERATING EXPENSES 50,000

SCHOOLHOUSE THEATER FOUNDATION INC

18 POMANDER WALK
NEW YORK,NY10025 		NONE PC GENERAL OPERATING SUPPORT 10,000

SCIENCE FRIDAY INITIATIVE INC

30 BROAD STREET SUITE 801
NEW YORK,NY10004 		NONE PC GENERAL OPERATING SUPPORT 50,000

SCIENCE FRIDAY INITIATIVE INC

30 BROAD STREET SUITE 801
NEW YORK,NY10004 		NONE PC OPERATING EXPENSES 10,000

SOCIAL IMPACT PARTNERS INC

1221 POST ROAD EAST SUITE 302
WESTPORT,CT06880 		NONE PC SUPPORT CONSULTING PROGRAMS RELATING TO CT STATE COLLEGE SYSTEM AND NONPROFIT ORGANIZATIONS 100,000

STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION

2361 HYLAND BLVD
STATEN ISLAND,NY10306 		NONE PC GENERAL OPERATING AND PROGRAM SUPPORT 65,000

ST MARTIN DE PORRES ACADEMY INC

208 COLUMBUS AVE
NEW HAVEN,CT06519 		NONE PC FUNDING FOR SMPA GRADUATE SUPPORT PROGRAM 35,000

ST MICHAELS CONCOURS DELEGANCE INC

PO BOX A
ST MICHAELS,MD21663 		NONE PC QUEEN ANNE'S COUNTY MENTAL HEALTH COMMITTEE 5,000

SUMMITT MUSIC FESTIVAL

270 WASHINGTON AVENUE
PLEASANTVILLE,NY10570 		NONE PC GENERAL SUPPORT 32,000

SUPPORT NETWORK

214 MAIN STREET SECOND FLOOR
MADISON,NJ07940 		NONE PC CURJOYFUL STORE PILOT PROGRAM 200,000

SUPPORT NETWORK

214 MAIN STREET SECOND FLOOR
MADISON,NJ07940 		NONE PC CURRENT PROGRAM EXPANSION 10,000

SYMPHONY OF WESTCHESTER INC

10 DAVID DRIVE
NEW ROCHELLE,NY10804 		NONE PC MUSICIAN FEES FOR REHEARSAL AND PERFOORMANCES 20,000

SYRACUSE HILLEL INC

102 WALNUT PL
SYRACUSE,NY13210 		NONE PC SUPPORT AND INSPIRE JEWISH STUDENTS AT SYRACUSE UNIVERSITY 10,000

TAARA US INC

505 5TH ST UNIT B
PALISADES PARK,NJ07650 		NONE PC EMPOWERING SURVIVORS AND EXPANDING PREVENTION 10,000

THE ACTING COMPANY INC

630 9TH AVE SUITE 603
NEW YORK,NY10036 		NONE PC GENERAL OPERATING EXPENSES 13,500

THE LITTLE ORCHESTRA SOCIETY- OPRHEON INC

PO BOX 321945
NEW YORK,NY10032 		NONE PC SUPPORT MUSIC EDUCATION PROGRAMS AND CONCERT ATTENDANCE ACTIVITIES 10,000

THE OPPORTUNITY PROJECT INC

60 EAST WILLOW STREET
MILLBURN,NJ07041 		NONE PC OPPORTUNITY PROJECT CLUBHOUSE 25,000

THROUGHLINE ARTISTS INC

15 W 53RD STREET 22F
NEW YORK,NY10019 		NONE PC SUMMER SHORTS FILM FEST COSTS 10,000

TOWN OF HARRISON

1 HEINEMAN PLACE
HARRISON,NY10528 		NONE PC GENERAL OPERATING EXPENSES AND PROGRAMS 25,000

UNIVERSITY OF CHICAGO

5550 SOUTH GREENWOOD AVENUE
CHICAGO,IL60637 		NONE PC GENERAL OPERATIONS OF SMART MUSEUM 100,000

UNIVERSITY OF TEXAS FOUNDATION

9011 MOUNTAIN RIDGE DR SUITE 150
AUSTIN,TX78759 		NONE PC FUNDING FOR WORK ON FIGHTING INFECTIONS VIA RARE ISOTOPE BIOFILMS 100,000

UNTERMYER GARDENS CONSERVANCY

945 NORTH BROADWAY
YONKERS,NY10701 		NONE PC GENERAL OPERATING SUPPORT 75,000

USHER III INITITATIVE

191 N WACKER DRIVE SUITE 1790
CHICAGO,IL60606 		NONE PC SUPPORT RESEARCH IN TREATMENTS AND A CURE FOR USHER III DISEASE 25,000

WESTCHESTER CHAMBER MUSIC SOCIETY INC

823 LONG HILL ROAD WEST
BRIARCLIFF MANOR,NY10510 		NONE PC GENERAL OPERATING SUPPORT 15,000

WORLD JEWISH RELIEF USA INC

1350 5TH AVE FLOOR 2 SUITE 266
NEW YORK,NY10019 		NONE PC WORLD JEWISH RELIEF PROGRAMS 15,000

YESHIVA UNIVERSITY

15 W 16TH STREET
NEW YORK,NY10011 		NONE PC GENERAL OPERATING SUPPORT 50,000
Total .................................right arrow 3a 3,148,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,415,871  
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 .....     18    
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,621,171  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 4,037,042 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,037,042
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 55,618 11,124   44,495

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

TY 2024 DepreciationSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
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
IMPROVEMENTS (SHELVING , CARPETING) 2017-01-01 6,786 6,786 SL 3.000000000000 0 0    
NEW COMPUTER EQUIPMENT 2017-01-01 4,647 4,647 SL 3.000000000000 0 0    
LAPTOP 2017-01-01 8,896 8,896 SL 3.000000000000 0 0    
NEW COMPUTER 2024-04-25 2,099   SL 3.000000000000 466 0    
NEW LAPTOP 2024-06-20 1,867   SL 3.000000000000 311 0    

TY 2024 GeneralExplanationAttachment
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Identifier Return Reference Explanation
  PART VII-B, LINE 1A(4) IN 2024 THE SMART FAMILY FOUNDATION OF NEW YORK ("THE FOUNDATION") PAID ITS DIRECTORS COMPENSATION FOR SERVICES RENDERED TO THE FOUNDATION. THE COMPENSATION WAS NOT EXCESSIVE AND THE SERVICES RENDERED BY THE DIRECTORS WERE REASONABLE AND NECESSARY FOR CARRYING OUT THE EXEMPT PURPOSE OF THE FOUNDATION. IN ADDITION, THE DIRECTORS ARE REIMBURSED FOR CETAIN TRAVEL AND OTHER EXPENSES THAT ARE REASONABLE AND NECESSARY FOR CARRYING OUT THE EXEMPT PURPOSE OF THE FOUNDATION.

TY 2024 InvestmentsCorpBondsSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Name of Bond End of Year Book Value End of Year Fair Market Value
AMERICAN EXPRESS 397,882 395,072
BARCLAYS PLC 180,576 190,234
BANK OF NOVA SCOTIA SENIOR UNSECURED 264,658 252,542
BENCHMARK 2018-CMO 2018 B2 A2 5,268 5,040
CAPITAL ONE FINANCIAL CO 168,813 175,542
CARMAX AUTO OWN ABS 2002 167,222 168,048
CARRIER GLOBAL CORP 73,882 73,516
CHARLES SCWAB CORP 54,003 54,596
CHARLES SCWAB CORP 49,236 49,409
CITIGROUP COMME CMO2017 173,834 173,525
CVS HEALTH CORP 171,891 160,787
CONSTELLATION BRANDS INC 82,463 82,074
ENERGY TRANSFER PARTNERS 88,019 86,932
ENTERPRISE PRODUCTS OPER 130,210 124,820
FHLMC RA 7128 03 50%2052 468,274 454,181
FHLMC SB 8073 01 50%2035 431,252 364,413
FNMA PCA4978 03%2050 187,510 151,709
FNMA PCA5658 02 50%2050 335,170 263,570
FNMA PCA5701 02 50%2050 113,954 88,855
FNMA PCA8132 02 50%2050 345,440 278,027
FNMA PFM8579 02 50%2051 465,570 373,345
FNMA PFM1239 03 50%2051 494,370 473,853
FNMA PFS1820 03%2051 313,376 282,895
FNMA PFS7280 05%2053 388,353 386,540
FNMA PMA4441 01 50%2036 432,873 368,485
GOLDMAN SACHS GROUP INC 21,529 20,925
GOLDMAN SACHS GROUP INC 136,327 117,758
HOME DEPOT INC 74,938 73,987
HCA INC 162,786 161,944
HP ENTERPRISE CO 88,740 84,717
JPMORGAN CHASE & CO 223,428 221,829
KROGER CO 180,638 174,332
LOUISVILLE GAS & ELEC 173,768 162,864
META PLATFORMS INC 87,198 79,980
MICRON TECHNOLOGY INC 109,496 109,890
MORGAN STANLEY 166,425 168,813
NEXTERA ENERGY CAP HLDGS INC 184,862 174,805
PFIZER INVESTMENT ENTER 89,195 79,587
PHILIP MORRIS INTL INC 85,349 87,552
ROYAL BANK OF CANADA 125,244 119,591
SYNCHRONY CARD ABS 2022 248,545 254,036
T-MOBILE USA INC 84,936 83,627
TAPESTRY INC 72,168 71,207
TARGA RESOURCES PARTNERS 85,085 88,226
TRUST FINL CORP 92,937 91,127
UNITED TECHNOLOGIES CORP 115,237 116,798
UNITED HEALTH GROUP INC 94,841 90,134
USD ROYAL BK CANADA SER GMTN 110,801 111,029
VERIZON MASTER ABS 2002 220,069 224,030
WARNERMEDIA HOLDINGS INC 86,025 86,034
JPM DEPOSIT SWEEP 195,811 195,811

TY 2024 InvestmentsCorpStockSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Name of Stock End of Year Book Value End of Year Fair Market Value
ADYEN NV -UNSPON 55,908 67,905
AON PCL CLASS A 33,590 48,127
ARCH CAPITAL GROUP LTD 64,488 81,730
ASM INTERNATIONAL NY REG SHS 39,203 53,500
ASML HOLDING NV NY REG SHS 35,977 70,694
ASTRAZENECA PLC-SPONS ADR 90,567 87,993
ATLASSIAN CORP PLC-CLASS A 51,223 69,363
BAE SYSTEMS PLC SPON ADR 58,471 63,676
CANADIAN NATURAL RESOURCES 48,152 47,694
CANAADIAN PACIFIC KANSAS CITY 67,401 76,206
COMPASS GROUP PLC SPON ADR 48,253 58,682
COUPANG INC 59,439 70,380
EXPERIAN PCL SPONS ADR 37,112 46,405
FERGUSON PLC 44,601 52,765
FERRARI NV 51,138 113,857
ICICI BANK LTD SPON ADR 50,027 66,379
ICON PLC 91,239 87,868
LINDE PLC 55,780 68,662
MEITUAN-UNSP ADR 114,230 80,802
MERCADOLIBRE INC 41,134 51,013
MITSUBISHI HEAVY INDUSTRIES 70,297 86,290
MONDAY.COM LTD 55,072 58,625
NOVO-NORDISK A/S SPONS ADR 81,021 122,320
NU HOLDINGS LTD/CAYMAN ISL-A 48,607 48,951
ROLLS-ROYCE HOLDINGS SP ADR 93,300 88,424
SAFRAN SA UNSPON ADR 98,247 114,396
SAP SE-SPONSORED ADR 114,867 111,533
SCHNEIDER ELECT SE-UNSP ADR 44,378 68,950
SEA LTD ADR 90,595 127,320
SIEMENS ENERGY AG-UNSP ADR 66,645 78,189
SPOTIFY TECHONOLOGY SA 73,931 106,029
STERIS PLC 49,192 65,368
TAIWAN SEMICONDUCTOR-SP ADR 109,775 149,500
UBS GROUP AG REG 55,478 57,608
WASTE CONNECTIONS INC 39,116 46,498
3L GROUP PLC-UNSPON ADR 75,619 84,569
ACUSHNET HOLDINGS CORP 53,455 72,075
ADDUS HOMECARE CORP 71,162 99,403
ADVANCED ENERGY INDUSTRIES 66,219 82,791
AGREE REALTY CORP 35,742 43,820
ALAMO GROUP INC 93,292 84,031
AMBARELLA INC 76,149 76,159
AMN HEALTHCARE SERVICES INC 78,346 28,776
ATLANTIC UNION BANKSHARES CO 69,884 98,791
AVANOS MEDICAL INC 96,944 55,322
BALCHEM CORP 53,012 81,661
BALDWIN INSURANCE GROUP INC/TH 43,125 70,039
BENCHMARK ELECTRONICS INC 52,928 100,016
BLACKBAUD INC 72,046 79,242
BOOT BARN HOLDINGS INC 38,556 126,618
CARETRUST REIT INC 52,410 55,696
CASS INFORMATION SYSTEMS INC 48,047 49,951
CHESAPEAKE UTILITIES CORP 51,855 61,646
COHU INV 69,718 61,410
CSW INDUSTRIALS INC 30,901 89,611
CTS CORP 35,445 61,800
DIODES INC 76,988 67,282
DORMAN PRODUCTS INC 53,385 98,976
ENERSYS 75,561 81,523
ENOVIS CORP 107,552 92,455
ENPRO INDUSTRIES INC 71,094 118,473
ESCO TECHNOLOGIES 73,544 92,048
EXLSERVICE HOLDINGS INC 55,106 104,426
FRANKLIN ELECTRIC CO INC 44,506 64,512
ICF INTERNATIONAL INC 72,253 93,103
IDACORP INC 68,611 79,447
INTEGER HOLDINGS CORP 92,185 141,796
KAISER ALUMINUM CORP 71,299 72,729
KFORCE INC 77,002 92,194
KORN FERRY 55,935 91,327
LGI HOMES INC 77,969 62,401
LIVERAMP HOLDINGS INC 58,681 58,736
MARCUS & MILLICHAP INC 84,081 95,841
MERCANTILE BANK CORP 31,167 49,028
MOELIS & CO CLASS A 52,680 119,612
MONARCH CASINO & RESORT INC 72,758 83,003
NETSTREIT CORP 55,333 48,987
NORTHERN OIL AND GAS INC 74,626 85,542
NV5 GLOBAL INC 92,251 69,783
OLLIE'S BARGAIN OUTLET HOLDI 58,401 112,802
ORIGIN BANCORP INC 64,102 58,291
PATRICK INDUSTRIES INC 58,244 97,702
POWER INTEGRATIONS INC 86,234 73,053
SEACOAST BANKING CORP/FL 73,133 69,128
SELECTIVE INSURANCE GROUP 79,842 109,699
SIMULATIONS PLUS INC 54,971 43,202
SM ENERGY CO 70,533 83,722
SOUTH STATE CORP 47,713 72,123
STEWART INFORMATION SYSTEMS 52,092 85,105
SUNSTONE HOTEL INVESTORS INC 55,110 60,124
SUPERNUS PHARMACEUTICALS INC 38,742 47,659
UMB FINANCIAL CORP 47,039 82,726
VIAVI SOLUTIONS INC 50,286 49,379
VITAL ENERGY INC 71,178 54,852
BERKSHIRE HATHAWAY INC CL-A 85,887 7,490,120
CONSUTMER DISCRETIONARY SELT 211,618 221,209
FINANCIAL SELECT SECTOR SPDR 716,345 803,583
FIDELITY 500 INDEX FD 6,213,873 12,602,089
HEALTH CARE SELECT SECTOR 256,040 397,852
INDUSTRIAL SELECT SECTOR SPDR 212,281 201,329
INVESCO QQQ TRUST SERIES 1 1,753,604 3,326,062
INVESCO S&P 500 EQUAL WEIGHT 884,527 1,039,815
VANECK SEMICONDUCTOR ETF 576,389 587,989
VANECK OIL SERVICES ETF 405,074 499,606
ISHARES CORE S&P MIDCAP ETF 310,070 369,561
VANGUARD SMALL CAP ETF 2,757,368 4,578,776
FIDELITY INTL INDX INST PRM 6,314,838 7,133,983
GQG PART EMERG MKTS EQ INST 1,890,983 2,204,148
ISHARES CORE MSCI EMERGING 2,209,097 2,171,151
VANECK GOLD MINERS ETG 512,957 544,018

TY 2024 InvestmentsGovtObligationsSch
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
US Government Securities - End of Year Book Value:

5,523,416
US Government Securities - End of Year Fair Market Value:

5,263,873
State & Local Government Securities - End of Year Book Value:


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


0


TY 2024 InvestmentsOtherSchedule2
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
COHEN & STEERS RL EST-F AT COST 1,555,076 1,734,246

TY 2024 LandEtcSchedule2
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
IMPROVEMENTS (SHELVING , CARPETING) 6,786 6,786 0  
NEW COMPUTER EQUIPMENT 4,647 4,647 0  
LAPTOP 8,896 8,896 0  
NEW COMPUTER 2,099 466 1,633  
NEW LAPTOP 1,867 311 1,556  


TY 2024 LegalFeesSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 18,657 3,731   14,926


TY 2024 OtherAssetsSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INVESTMENTS OTHER 206,000 206,000 206,000


TY 2024 OtherDecreasesSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Description Amount
12/31/2024 COST ADJUSTMENT 16,094


TY 2024 OtherExpensesSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE SUPPLIES AND EXPENSE 12,733 2,547   10,186
TELEPHONE 2,120 424   1,696
ADP FEES 5,364 1,073   4,291
POSTAGE 744 149   595
INSURANCE 7,909 1,582   6,328


TY 2024 OtherLiabilitiesSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Description Beginning of Year - Book Value End of Year - Book Value
OTHER LIABILITY 32,967 6,863


TY 2024 OtherProfessionalFeesSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 245,417 245,417   0
PROFESSIONAL FEES 64,147 58,947   5,200
AUDIT EXPENSE 34,373 6,875   27,499


TY 2024 TaxesSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 31,286 31,286   0
EXCISE TAX 40,000 0   0