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
THE AZEEZ FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2187 MARSEILLE DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH GARDENS, FL33410
A Employer identification number

23-2967146
B Telephone number (see instructions)

(609) 646-9400
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$18,907,940J 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... 340,077 340,077  
5a Gross rents............ 195,725 195,725  
b Net rental income or (loss) 195,725
6a Net gain or (loss) from sale of assets not on line 10 4,742,063
b Gross sales price for all assets on line 6a 8,035,855
7 Capital gain net income (from Part IV, line 2)... 4,742,063
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
-120,476 35,174  
12 Total. Add lines 1 through 11........ 5,157,389 5,313,039  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
13,500 0   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
10,000 0   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
12,784 2,784   0
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
213,051 213,051   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 249,335 215,835   0
25 Contributions, gifts, grants paid....... 1,185,843 1,185,843
26 Total expenses and disbursements. Add lines 24 and 25 1,435,178 215,835   1,185,843
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,722,211
b Net investment income (if negative, enter -0-) 5,097,204
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 248,307 555,307 555,307
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 arrow500,000
Less: allowance for doubtful accounts right arrow0 250,000 500,000 500,000
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)....... 623,536 Click to see attachment
List of Attached Documents:
// Content
687,365 		753,792
c Investments—corporate bonds (attach schedule)....... 634,239 Click to see attachment
List of Attached Documents:
// Content
623,910 		601,239
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).......... 7,959,532 Click to see attachment
List of Attached Documents:
// Content
8,346,720 		16,496,592
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
1,010 		Click to see attachment
List of Attached Documents:
// Content
1,010
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,715,614 10,714,312 18,907,940
Liabilities 17 Accounts payable and accrued expenses..........   50,000
18 Grants payable................. 23,500 1,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
5,757,326 		Click to see attachment
List of Attached Documents:
// Content
3,215,521
23 Total liabilities (add lines 17 through 22)......... 5,780,826 3,266,521
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 3,934,788 7,447,791
29 Total net assets or fund balances (see instructions)..... 3,934,788 7,447,791
30 Total liabilities and net assets/fund balances (see instructions). 9,715,614 10,714,312
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
3,934,788
2
Enter amount from Part I, line 27a .....................
2
3,722,211
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
22
4
Add lines 1, 2, and 3 ..........................
4
7,657,021
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
209,230
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,447,791
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 CHARLES SCHWAB #1083 P    
b CHARLES SCHWAB #5255 P    
c MINDFUL INVESTORS P    
d K-1: ZCA NICHE CREDIT OPPORTUNITIES FUND, L.P. P    
e K-1: ZCA PRIVATE INVESTMENTS FUND LP P    
K-1: SFG GLOBAL EQUITY STRATEGY INSTITUTIONAL, LP P    
K-1: ZCA FOCUS FUND, LP P    
K-1: ZCA PRIVATE INVESTMENTS FUND II LP P    
K-1: OSP VALUE FUND IV, LP P    
K-1: ZCA PRIVATE INVESTMENTS FUND III LP P    
K-1: RADNOR CROSSING INVESTORS LP P    
K-1: NB STRATEGIC CO-INVESTMENT PARTNERS III LP P    
K-1: ZCA NICHE CREDIT OPPORTUNITIES FUND, L.P. P    
K-1: OSP VALUE FUND II, LP P    
K-1: ZCA PRIVATE INVESTMENTS FUND LP P    
K-1: ZCA GTI, L.P. P    
K-1: SFG GLOBAL EQUITY STRATEGY INSTITUTIONAL, LP P    
K-1: ZCA ROCK ISLAND, LP P    
K-1: ZCA FOCUS FUND, LP P    
K-1: NEW ERA CAPITAL PARTNERS, II L.P. P    
K-1: ZCA PRIVATE INVESTMENTS FUND II LP P    
K-1: ZCA PRIVATE INVESTMENTS FUND III LP P    
K-1: CATALYST INVESTORS II, L.P. P    
K-1: ZCA NICHE CREDIT OPPORTUNITIES FUND, L.P. P    
K-1: RADNOR CROSSING INVESTORS LP P    
K-1: NB STRATEGIC CO-INVESTMENT PARTNERS III LP P    
K-1: ZCA NICHE CREDIT OPPORTUNITIES FUND, L.P. P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,749,596   3,056,949 -307,353
b 65,000   88,088 -23,088
c 4,061     4,061
d 2,202     2,202
e 150     150
    72,521 -72,521
14,347     14,347
312     312
2,318     2,318
    402 -402
112,778     112,778
35,326     35,326
22,777     22,777
8,747     8,747
55,120     55,120
13,558     13,558
71,676     71,676
    35,362 -35,362
77,768     77,768
4,646     4,646
    24,504 -24,504
8,168     8,168
    15,935 -15,935
    31 -31
4,787,038     4,787,038
241     241
26     26
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       -307,353
b       -23,088
c       4,061
d       2,202
e       150
      -72,521
      14,347
      312
      2,318
      -402
      112,778
      35,326
      22,777
      8,747
      55,120
      13,558
      71,676
      -35,362
      77,768
      4,646
      -24,504
      8,168
      -15,935
      -31
      4,787,038
      241
      26
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 4,742,063
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 70,851
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 70,851
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 70,851
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 10,348
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 58,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 68,348
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 2,503
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   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$ 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowFL
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 arrowFOUNDATION Telephone no.right arrow (609) 646-9400

Located atright arrow2187 MARSEILLE DRIVEPALM BEACH GARDENSFL ZIP+4right arrow33410
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 AZEEZ PRESIDENT/CHAIRMAN
2.00 		0 0 0
2187 MARSEILLE DRIVE
PALM BEACH GARDENS,FL33410
KATHLEEN AZEEZ SECRETARY
1.00 		0 0 0
2187 MARSEILLE DRIVE
PALM BEACH GARDENS,FL33410
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
1,206,059
b
Average of monthly cash balances.......................
1b
1,509,859
c
Fair market value of all other assets (see instructions)................
1c
16,834,820
d
Total (add lines 1a, b, and c).........................
1d
19,550,738
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
19,550,738
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
293,261
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
19,257,477
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
962,874
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
962,874
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
70,851
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
839,879
c
Add lines 2a and 2b............................
2c
910,730
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
52,144
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
52,144
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
52,144
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
1,185,843
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
1,185,843
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 52,144
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 13,950
b From 2020...... 522,612
c From 2021...... 439,719
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 976,281
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,185,843
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 52,144
e Remaining amount distributed out of corpus 1,133,699
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 2,109,980
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		13,950
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		2,096,030
10 Analysis of line 9:
a Excess from 2020.... 522,612
b Excess from 2021.... 439,719
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024.... 1,133,699
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 AZEEZ
KATHLEEN AZEEZ
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

A MEANINGFUL PURPOSE

5075 SPRUCE AVENUE
EGG HARBOR TOWNSHIP,NJ08234 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 20,000

ACTING WITHOUT BOUNDARIES

601 LAKE AVE
LAKE WORTH BEACH,FL33460 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500

ALPERT JEWISH FAMILY SERVICES

5841 CORPORATE WAY SUITE 200
WEST PALM BEACH,FL33407 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000

AMERICAN CANCER SOCIETY

PO BOX 22478
OKLAHOMA CITY,OK73123 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 20,000

AMERICAN FRIENDS OF ALYN HOSPITAL

122 E 42ND ST 1519
NEW YORK,NY10168 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

AMERICAN FRIENDS OF IDC

116 E 16TH ST 11TH FL
NEW YORK,NY10003 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000

AMERICAN FRIENDS OF LIBI

720 HARTLAND ST
BROOKLINE,MA02446 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE

220 E 42ND ST SUITE 400
NEW YORK,NY10017 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 11,500

AMERICAN LEGION POST 298

515 WASHINGTON AVE
WOODBINE,NJ08270 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

ANTI DEFAMATION LEAGUE

605 THIRD AVE
NEW YORK,NY10158 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 20,000

BETH EL SYNAGOGUE

PO BOX 3133
MARGATE,NJ07402 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,200

BIG HOLE WATERSHED COMMITTEE

BOX 21
DIVIDE,MT59727 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

BOARD OF JEWISH EDUCATION

501 N JEROME AVENUE
MARGATE,NJ08402 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,000

BOYS & GIRLS CLUB OF ATLANTIC COUNTY

317 N PENNSYLVANIA AVE
ATLANTIC CITY,NJ08401 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000

BOYS & GIRLS CLUB OF LA PLATA

2750 MAIN AVE
DURANGO,CO81301 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

BOYS & GIRLS CLUB OF PALM BEACH COUNTY

800 NORTHPOINT PARKWAY SUITE 204
WEST PALM BEACH,FL33408 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000

BROTHERS FOR LIFE

42 EAST 69TH ST
NEW YORK,NY10021 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000

CAPTAINS FOR CLEAN WATER

2031 JACKSON ST
FORT MYERS,FL33901 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,032

COMMITTEE FOR ACCURACY IN MIDDLE EAST REPORTING IN AMERICA INC

800 EIGHTH ST NW
WASHINGTON,DC20001 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

COMMUNITY FOOD BANK OF NJ

701 NORTHPOINT PARKWAY
WEST PALM BEACH,FL33407 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

CULTURAL COUNCIL OF PALM BEACH COUNTY

601 LAKE AVE
LAKE WORTH,FL33460 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

CYSTIC FIBROSIS FOUNDATION

100 MEDICAL CENTER WAY
SOMERS POINT,NJ08244 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

DREXEL UNIVERSITY

PO BOX 8196
PHILADELPHIA,PA19101 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 6,861

DUCKS UNLIMITED

ONE WATERFOWL WAY
MEMPHIS,TN38120 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 500

ECOFLIGHT

307 ASPEN AIRPORT BUSINESS CENTER
SUITE L
ASPEN,CO81611 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 30,000

FRENCHMAN'S CREEK CHARITIES

13495 TOURNAMENT DRIVE
PALM BEACH GARDENS,FL33410 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000

FRIENDS OF ISRAEL DEFENSE FORCES (FIDF)

PO BOX 4224
NEW YORK,NY10163 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 4,950

FURRY FRIENDS

401 MAPLEWOOD DR
JUPITER,FL33458 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,000

GARDEN STATE COUNCIL BSA

4468 S MAIN ROAD
MILLVILLE,NJ08332 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

GESU SCHOOL

10500 N MILITARY TRAIL
PALM BEACH GARDENS,FL33410 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500

GLOBAL LYME ALLIANCE

411 EAST 83RD STREET STE 3F
NEW YORK,NY10028 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

GREATER AC CHARITIES

PO BOX 1011
PLEASANTVILLE,NJ08232 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

HANSEN HOUSE FOUNDATION

6412 VENTNOR AVE
VENTNOR CITY,NJ08406 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

HEAD OF THE RIVER CHURCH

BOX 337
TUCKAHOE,NJ08250 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

HILLEL THE FIUNDATION FOR JEWISH CAMPUS LIFE

1 HARVARD CIR 100
WEST PALM BEACH,FL33409 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

HONEY FOUNDATION FOR ISREAL

191 CHARLTON AVE
SOUTH ORANGE,NJ07079 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000

IMPACTISREAL

200 HIGHLAND AVENUE SUITE 301
NEEDHAM,MA02494 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 625,000

IMPACTISREAL

2001 BEACON ST
BOSTON,MA02135 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 7,300

INSPIRA HEALTH FOUNDATION - DF SAGER MEM FUND

159 BRIDGETON PIKE
MULLICA HILL,NJ08362 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 6,500

ISREAL ADVOCACY GROUP

1121 N BETHLEHEM PIKE SUITE 60138
SPRINGHOUSE,PA19477 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500

ISREAL TENNIS & EDUCATION CENTERS

3275 W HILLSBORO BLVD STE 102
DEERFIELD BEACH,FL33442 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,000

JEWISH FEDERATION OF PALM BEACH

501 N JEROME AVENUE
MARGATE,NJ08402 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 20,000

JEWISH FEDERATION OF ATLANTIC & CAPE MAY COUNTIES

1 HARVARD CIR 100
WEST PALM BEACH,FL33409 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

JEWISH NATIONAL FUND KEREN KAYENETH LEISRAEL

42 EAST 69TH ST
NEW YORK,NY10021 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 15,000

JOHN R ELLIOTT FOUNDATION- HERO CAMPAIGN

PO BOX 700
SOMERS POINT,NJ08244 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

JUDICIAL WATCH INC

425 THIRD ST SW SUITE 800
WASHINGTON,DC20024 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,000

JUPITER MEDICAL CENTER

350 NEW ROAD
LINWOOD,NJ08221 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

KIND KITCHEN

4700 N DIXIE HWY
BOCA RATON,FL33431 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500

KRAVIS CENTER

44 COCONAUT ROW SUITE M201
PALM BEACH,FL33480 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 500

KRAVIS CENTER FOR PERFORMING ARTS

701 OKEECHOBEE BLVD
WEST PALM BEACH,FL33401 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

MALTZ JUPITER THEATER

1001 E INDIANTOWN RD
JUPITER,FL33477 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

MASSACHUSETTS GENERAL HOSPITAL

125 NASHUA STREET SUITE 540
BOSTON,MA02114 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

NATIONAL MULTIPLE SCLEROSIS SOCIETY

3013 OCEAN HEIGHTS AVENUE
EHT,NJ08234 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,000

NATIONAL WWII MUSEUM

945 MAGAZINE STREET
NEW ORLEANS,LA70130 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,000

NATURE CONSERVANCY OF FLORIDA

32 S EWING ST
HELENA,MT59601 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500

NATURE CONSERVANCY OF MONTANA

1777 N KENT ST SUITE 100
ARLINGTON,VA22209 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500

PALM BEACH COUNTY FOOD BANK

116 E 16TH ST 11TH FL
NEW YORK,NY10003 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

PALM BEACH GARDENS POLICE DEPARTMENT

10500 N MILITARY TRAIL
PALM BEACH GARDENS,FL33410 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

PALM BEACH GARDENS POLICE DEPARTMENT

201 SUNRISE AVE
PALM BEACH,FL33480 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

PALM BEACH NAVY SEAL TRIBUTE

277 ROYAL POINCIANA WAY 190
PALM BEACH,FL33480 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

PALM BEACH POLICE & FIRE FOUNDATION

111 MAIN ST
WISE RIVER,MT59762 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

PALM BEACH SYMPHONY SOCIETY

700 S DIXIE HIGHWAY 100
WEST PALM BEACH,FL33401 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

PAN-MASS CHALLENGE

77 4TH AVE
NEEDHAM,MA02404 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 500

PLAY FOR PINK

28 WEST 44TH ST SUITE 609
NEW YORK,NY10036 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 500

PURPLE MOUNTAIN INSTITUTE

120 S HOUGHTON SUITE 138
TUCSON,AZ85748 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 50,000

SANTA BARBARA FORRESTERS

4299 CARPINTERIA AVENUE
CARPINTERIA,CA93013 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000

SHORE MEMORIAL HOSPITAL

34 N BEATTIE ST
LA PLATA,CO81301 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

STOCKTON UNIVERSITY FOUNDATION

101 VERA KING FARRIS DR
GALLOWAY,NJ08205 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 15,000

STOCKTON UNIVERSITY HOLOCAUST CENTER

101 VERA KING FARRIS DR
GALLOWAY,NJ08205 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 15,000

STUDIO ART QUILT ASSOCIATES

PO BOX 141
HEBRON,CT06248 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,000

TEMPLE BETH AM

2250 CENTRAL BOULEVARD
JUPITER,FL33458 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 20,000

TEMPLE UNIVERSITY

18 PHILLIPS ST
BOSTON,MA02114 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

TOWN OF PALM BEACH UNITED WAY

1700 W THOMPSON ST
PHILADELPHIA,PA19121 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000

TROUT UNLIMITED

PO BOX 7400
WOOLLY BUGGER,WV254387400 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,500

TUCKAHOE VOLUNTEER FIRE DEPT

2170 NJ-50
WOODBINE,NJ08270 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

UNION LEAGUE LEGACY FOUNDATION

140 S BROAD STREET
PHILADELPHIA,PA19102 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

UNIVERSITY OF DENVER

2190 E ASBURY AVE
DENVER,CO80208 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

UNIVERSITY OF SOUTH FLORIDA FOUNDATION

4202 E FOWLER AVE ALC100
TAMPA,FL33620 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

UPPER TOWNSHIP AMBULANCE

2028 TUCKAHOE RD
WOODBINE,NJ08270 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

US HOLOCAUST MEMORIAL COUNCIL

100 RAOUL WALLENBERG PLACE SW
WASHINGTON,DC200242126 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 30,000

VA OF WEST PALM BEACH

7305 N MILITARY TRAIL
WEST PALM BEACH,FL33410 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,000

VINA SCHUL

4550 MONTGOMERY AVE SUITE 1100N
BETHESDA,MD20814 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000

WEST PALM BEACH VA MEDICAL CENTER

7305 N MILITARY TRL
WEST PALM BEACH,FL33410 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

WISE RIVER VOLUNTEER FIRE CO

PO BOX 21
WISDOM,MT59761 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000

WOMEN IN THE HOLOCAUST INTERNATIONAL STUDY CENTER

MOBILE POST
MENASHE    
IS 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000

WOODBINE SCHOOL DISTRICT

801 WEBSTER STREET
WOODBINE,NJ08270 		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000
Total .................................right arrow 3a 1,185,843
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 .... 531390 3,355 14 336,722  
5 Net rental income or (loss) from real estate:
aDebt-financed property...... 531390 195,725      
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     01 35,174  
8 Gain or (loss) from sales of assets other than
inventory ............ 		531390 4,787,274 18 -45,211  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aDEDUCTIONS FROM PASSTHROUGH ENTITIES 		531390 -144,683      
bNET BUSINESS LOSSES FROM PASSTHROUGH ENTITIES 531390 -11,379      
cOTHER INCOME     01 412  
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 4,830,292 327,097 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,157,389
(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
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 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
THE AZEEZ FOUNDATION
EIN:
23-2967146
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 13,500 0   0

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE AZEEZ FOUNDATION
EIN:
23-2967146
Name of Bond End of Year Book Value End of Year Fair Market Value
CHARLES SCHWAB 5255 623,910 601,239

TY 2024 InvestmentsCorpStockSchedule
Name:
THE AZEEZ FOUNDATION
EIN:
23-2967146
Name of Stock End of Year Book Value End of Year Fair Market Value
CHARLES SCHWAB 1083 687,365 753,792

TY 2024 InvestmentsOtherSchedule2
Name:
THE AZEEZ FOUNDATION
EIN:
23-2967146
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
LANX OFFSHORE PARTNERS AT COST 150,000 1,340,200
NB STRATEGIC CO-INVESTMENT PARTNERS III LP AT COST 181,818 521,904
ZCA NICHE CREDIT OPPORTUNITIES FUND, L.P. AT COST 869,872 899,309
OSP VALUE FUND AT COST 35,967 63,605
ZCA PRIVATE INVESTMENT FUND AT COST 116,197 314,179
ZCA GLOBAL EQUITY STRATEGY AT COST 2,482,894 4,211,526
NEW ERA CAPITAL PARTNERS AT COST 383,888 1,586,674
SA SOFTWARE PARTNERS LLC AT COST 243,010 243,010
ZCA CHESTERBROOK AT COST 84,942 113,998
ZCA ROCK ISLAND AT COST 1,225 3,919
ZCA FOCUS FUND AT COST 1,222,794 1,529,025
NEW ERA II AT COST 356,612 449,679
NEW ERA SPV 1 AT COST 251,791 1,314,111
NEW ERA SPV 2 AT COST 129,997 188,445
NEW ERA SPV IV AT COST 100,876 291,036
NEW ERA SPV V AT COST 126,082 26,228
ZCA PRIVATE INVESTMENTS FUND II AT COST 316,545 387,708
NEW ERA SPV VI AT COST 100,449 100,509
ZCZ PRIVATE INVESTMENTS FUND III LP AT COST 348,597 426,698
OSP VALUE FUND IV LP AT COST 245,219 209,794
NEW ERA CAPITAL PARTNERS, III L.P. AT COST 163,137 163,161
SFG ALIGNED, LP AT COST 250,705 250,000
SFG DIAMETER PRIVATE CREDIT, LP AT COST 184,103 180,746
ACROMETIS AT COST 0 375,000
ST. ANDREWS INVESTMENT AT COST 0 1,080,000
COMVEST CAPITAL II INTERNATIONAL AT COST 0 17,449
321 HILLSIDE DEVELOPMENT PARTNERS, LLC AT COST 0 157,334
MOAB PARTNERS OFFSHORE LTD AT COST 0 51,345

TY 2024 OtherAssetsSchedule
Name:
THE AZEEZ FOUNDATION
EIN:
23-2967146
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DUE FROM ZCA GTI 0 1,010 1,010


TY 2024 OtherDecreasesSchedule
Name:
THE AZEEZ FOUNDATION
EIN:
23-2967146
Description Amount
OTHER NONDEDUCTIBLE FROM PASSTHROUGH ENTITIES 1,017
OTHER ADJUSTMENTS FROM PASSTHROUGH ENTITIES 208,213


TY 2024 OtherExpensesSchedule
Name:
THE AZEEZ FOUNDATION
EIN:
23-2967146
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 86,315 86,315   0
CHARITABLE CONTRIBUTIONS FROM PASSTHROUGH ENTITIES 526 526   0
INVESTMENT INTEREST EXPENSE FROM PASSTHROUGH ENTITIES 11,799 11,799   0
OTHER DEDUCTIONS FROM PASSTHROUGH ENTITIES 94,201 94,201   0
K-1: RADNOR CROSSING INVETORS LP (NET RENTAL LOSS) 20,210 20,210   0


TY 2024 OtherIncomeSchedule2
Name:
THE AZEEZ FOUNDATION
EIN:
23-2967146
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1: NB STRATEGIC CO-INVESTMENT PARTNERS III LP 2,723 2,723 2,723
K-1: ZCA NICHE CREDIT OPPORTUNITIES FUND, L.P. 2 2 2
K-1: ZCA PRIVATE INVESTMENTS FUND LP 10 10 10
K-1: ZCA PRIVATE INVESTMENTS FUND II LP 537 537 537
K-1: RADNOR CROSSING INVESTORS LP -948 -948 -948
K-1: NB STRATEGIC CO-INVESTMENT PARTNERS III LP -58 -58 -58
K-1: ZCA NICHE CREDIT OPPORTUNITIES FUND, L.P. 14,939 14,939 14,939
K-1: OSP VALUE FUND II, LP 4 4 4
K-1: ZCA PRIVATE INVESTMENTS FUND LP -3,183 -3,183 -3,183
K-1: 321 HILLSIDE DEVELOPMENT PARTNERS, LLC 4,423 4,423 4,423
K-1: ZCA CHESTERBROOK, LP 10,848 10,848 10,848
K-1: NEW ERA CAPITAL PARTNERS, II L.P. 945 945 945
K-1: ZCA PRIVATE INVESTMENTS FUND II LP 3,662 3,662 3,662
K-1: OSP VALUE FUND IV, LP 121 121 121
K-1: ZCA PRIVATE INVESTMENTS FUND III LP 1,217 1,217 1,217
K-1: SFG ALIGNED, LP -68 -68 -68
DEDUCTIONS FROM PASSTHROUGH ENTITIES -144,683   -144,683
NET BUSINESS LOSSES FROM PASSTHROUGH ENTITIES -11,379   -11,379
OTHER INCOME 412   412


TY 2024 OtherIncreasesSchedule
Name:
THE AZEEZ FOUNDATION
EIN:
23-2967146
Description Amount
OTHER TAX EXEMPT INCOME FROM PASSTHROUGH ENTITIES 22


TY 2024 OtherLiabilitiesSchedule
Name:
THE AZEEZ FOUNDATION
EIN:
23-2967146
Description Beginning of Year - Book Value End of Year - Book Value
RADNOR CROSSING INVESTORS 2,579,096 22,785
ST ANDREWS INVESTMENT PARTNERSHIP 2,764,719 2,685,953
COMVEST CAPITAL INTL 310,498 310,498
3122 FIRE RD 37,728 36,805
HARVEY SMIDCAP OFFSHORE FUND 51,838 51,838
MOAB PARTNERS OFFSHORE LTD 13,447 13,447
NOVA AUTOMOTIVE GROUP LLC 0 92,520
321 HILLSIDE DEVELOPMENT PARTNERS, LLC 0 1,675


TY 2024 OtherProfessionalFeesSchedule
Name:
THE AZEEZ FOUNDATION
EIN:
23-2967146
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER 10,000 0   0


TY 2024 TaxesSchedule
Name:
THE AZEEZ FOUNDATION
EIN:
23-2967146
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,784 2,784   0
EXCISE TAXES 10,000 0   0