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
Independence Blue Cross Foundation
 
% SHANNON KILNER
Number and street (or P.O. box number if mail is not delivered to street address)1901 MARKET STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA19103
A Employer identification number

36-4685801
B Telephone number (see instructions)

(215) 241-4065
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$130,668,288J 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) 393,303
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 4,001,072 3,465,543  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -377,770
b Gross sales price for all assets on line 6a 6,212,314
7 Capital gain net income (from Part IV, line 2)... 0
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
470,576 -279,770 0
12 Total. Add lines 1 through 11........ 4,487,181 3,185,773 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
8,952 0 0 8,952
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
19,082 0 0 19,082
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,721,416 349,165 0 1,372,251
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
73,407 0 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 58,205     58,205
22 Printing and publications.......... 3,770     3,770
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
82,396 0 0 79,233
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,967,228 349,165 0 1,541,493
25 Contributions, gifts, grants paid....... 8,698,576 8,782,710
26 Total expenses and disbursements. Add lines 24 and 25 10,665,804 349,165 0 10,324,203
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -6,178,623
b Net investment income (if negative, enter -0-) 2,836,608
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 10,411,846 11,817,128 11,817,128
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow438,873
Less: allowance for doubtful accounts right arrow   403,470 438,873 438,873
4 Pledges receivable right arrow0
Less: allowance for doubtful accounts right arrow   10,000,000 0 0
5 Grants receivable................. 573,156 22,660 22,660
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.......... 0 156,033 156,033
10a Investments—U.S. and state government obligations (attach schedule) 9,575,007 Click to see attachment
List of Attached Documents:
// Content
11,346,504 		11,346,504
b Investments—corporate stock (attach schedule)....... 26,713,360 Click to see attachment
List of Attached Documents:
// Content
30,770,213 		30,770,213
c Investments—corporate bonds (attach schedule)....... 15,661,101 Click to see attachment
List of Attached Documents:
// Content
15,549,778 		15,549,778
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).......... 58,002,097 Click to see attachment
List of Attached Documents:
// Content
60,567,099 		60,567,099
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 131,340,037 130,668,288 130,668,288
Liabilities 17 Accounts payable and accrued expenses.......... 49,765 225,483
18 Grants payable................. 957,250 125,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 210,526 178,930
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
152,485 		Click to see attachment
List of Attached Documents:
// Content
177,495
23 Total liabilities (add lines 17 through 22)......... 1,370,026 706,908
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........... 129,970,011 129,961,380
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 129,970,011 129,961,380
30 Total liabilities and net assets/fund balances (see instructions). 131,340,037 130,668,288
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
129,970,011
2
Enter amount from Part I, line 27a .....................
2
-6,178,623
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
10,002,152
4
Add lines 1, 2, and 3 ..........................
4
133,793,540
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
3,832,160
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
129,961,380
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b ARGOSY REAL ESTATE PARTNERS IV P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6,168,784   6,550,256 -381,472
b 43,530   39,828 3,702
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -381,472
b       3,702
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -377,770
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 39,429
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 39,429
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 39,429
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 55,626
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 55,626
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 16,197
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow16,197 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? Click to see attachment
List of Attached Documents:
// Content
....................
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 changesClick to see attachment
List of Attached Documents:
// Content
....
3
Yes
 
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.Click to see attachment
List of Attached Documents:
// Content
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 arrowPA
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 arrowwww.ibxfoundation.org
14
The books are in care ofright arrowSHANNON KILNER Telephone no.right arrow (267) 254-4718

Located atright arrow1901 MARKET STREETPHILADELPHIAPA ZIP+4right arrow19103
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)
Yes
 
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
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
 
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
 
 
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
CHARISSE R LILLIE ESQClick to see attachment
List of Attached Documents:
// Content
CHAIRMAN OF BOARD OF DIRECTORS
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
LORINA L MARSHALL-BLAKEClick to see attachment
List of Attached Documents:
// Content
PRESIDENT/DIRECTOR
1.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
JUAN A LOPEZ JRClick to see attachment
List of Attached Documents:
// Content
TREASURER
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
EMILY ZITSERClick to see attachment
List of Attached Documents:
// Content
SECRETARY
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
JOAN P HILFERTYClick to see attachment
List of Attached Documents:
// Content
DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
CHRISTOPHER CASHMANClick to see attachment
List of Attached Documents:
// Content
DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
RICHARD L SNYDER M DClick to see attachment
List of Attached Documents:
// Content
DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
NICHOLAS A GIORDANOClick to see attachment
List of Attached Documents:
// Content
DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
SIDNEY HARGROClick to see attachment
List of Attached Documents:
// Content
DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
PAMELA SARNE-MCCORMICKClick to see attachment
List of Attached Documents:
// Content
DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
VALERIE HJELM ESQClick to see attachment
List of Attached Documents:
// Content
ASSISTANT SECRETARY
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
ROBERTA WAITEClick to see attachment
List of Attached Documents:
// Content
DIRECTOR
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
JESSICA C LAMANNA ESQClick to see attachment
List of Attached Documents:
// Content
SECRETARY
0.5 		0 0 0
1901 MARKET STREET
PHILADELPHIA,PA19103
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
 
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
 
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 NONE  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
115,271,977
b
Average of monthly cash balances.......................
1b
16,192,040
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
131,464,017
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
131,464,017
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,971,960
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
129,492,057
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,474,603
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
6,474,603
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
39,429
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
39,429
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,435,174
4
Recoveries of amounts treated as qualifying distributions................
4
84,134
5
Add lines 3 and 4............................
5
6,519,308
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
6,519,308
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
10,324,203
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
10,324,203
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 6,519,308
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:2022, 2021, 2020 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 1,506,763
b From 2020...... 1,485,257
c From 2021...... 2,024,522
d From 2022...... 6,156,600
e From 2023...... 3,945,981
f Total of lines 3a through e ........ 15,119,123
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 10,324,203
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 6,519,308
e Remaining amount distributed out of corpus 3,804,895
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 18,924,018
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...... 		 
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) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		1,506,763
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		17,417,255
10 Analysis of line 9:
a Excess from 2020.... 1,485,257
b Excess from 2021.... 2,024,522
c Excess from 2022.... 6,156,600
d Excess from 2023.... 3,945,981
e Excess from 2024.... 3,804,895
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).)
NONE
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.
NONE
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 e-mail address of the person to whom applications should be addressed:
wwwibxfoundationorg
1901 Market Street 37th Floor
Philadelphia,PA19103
(855) 422-3386
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS ARE SUBMITTED TO THE FOUNDATION THROUGH ITS GRANTS MANAGEMENT SYSTEM. THE FOUNDATION WEBSITE (WWW.IBXFOUNDATION.ORG) DESCRIBES SEVERAL GRANTMAKING AREAS OF THE FOUNDATION. THESE INCLUDE GRANTS TO SUPPORT HEALTHCARE ACCESS, HEALTH WORKFORCE, AND COMMUNITY HEALTH. THE APPLICATION FORM, REQUIRED INFORMATION AND MATERIALS, SUBMISSION DEADLINES, GRANT ELIGIBILITY GUIDELINES, AND THE GRANT AGREEMENT MAY VARY BY GRANTMAKING AREA. THE WEBSITE INCLUDES CONTACT INFORMATION IF ADDITIONAL INFORMATION IS NEEDED.
cAny submission deadlines:
SUBMISSION DEADLINES MAY VARY BY GRANTMAKING AREA.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE FOUNDATION WAS ORGANIZED FOR CHARITABLE AND EDUCATIONAL PURPOSES TO SUPPORT, ADVANCE, AND RAISE FUNDS FOR HEALTHCARE, HEALTH EDUCATION, WELLNESS, MEDICAL TRAINING AND MEDICAL RESEARCH. MORE SPECIFICALLY, THE FOUNDATION IS INTERESTED IN MAKING GRANTS THAT IMPROVE HEALTHCARE ACCESS; STRENGTHEN THE HEALTH WORKFORCE; AND ENABLE SOLUTIONS FOR BETTER COMMUNITY HEALTH. AT PRESENT, GRANT AWARDS ARE GENERALLY LIMITED TO RECIPIENTS LOCATED IN, OR CARRYING OUT GRANT PURPOSES IN, THE FOLLOWING PENNSYLVANIA COUNTIES: PHILADELPHIA, MONTGOMERY, DELAWARE, BUCKS AND CHESTER.
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

Abington Health Foundation

1200 Old York Road
Abington,PA19001 		NONE PC Healthcare Access 15,000

Albert Einstein Medical Center

5501 Old York Road
Philadelphia,PA191413018 		NONE PC Healthcare Access 50,000

American Corporate Partners

140 E 45th Street
New York,NY100177174 		NONE PC Health Workforce 50,000

Ann Silverman Community Health Clinic

595 W State St
Floor 21
Doylestown,PA189012554 		NONE PC Healthcare Access 50,000

Association of Recovery in Higher Education Inc

Po Box 1541
Kennesaw,GA301568541 		NONE PC Healthcare Access 93,500

Augustinian Defenders Of The Rights Of The Poor

2130 S 21st St
Philadelphia,PA191453401 		NONE PC Healthcare Access 10,000

Bucks County Community College Foundation

275 Swamp Rd
Newtown,PA189404106 		NONE PC Healthcare Access; Health Workforce 36,641

CH Pennsylvania Under - 21

31 E Armat Street
Philadelphia,PA191442201 		NONE PC Healthcare Access 10,000

ChesPenn Health Services Inc

1510 Chester Pike
Eddystone,PA190221377 		NONE PC Healthcare Access; Health Workforce 190,000

Community College of Philadelphia Foundation

1700 Spring Garden St Annex 7th Fl
Suite 200
Philadelphia,PA191303991 		NONE PC Health Workforce 54,496

Community Volunteers In Medicine Inc

300 Lawrence Dr Ste B
West Chester,PA193804289 		NONE PC Healthcare Access 100,000

Congreso de Latinos Unidos Inc

216 W Somerset St
Philadelphia,PA191333534 		NONE PC Healthcare Access 50,000

Delaware County Community College Educational Foun

901 Media Line Rd
1st Floor
Media,PA190631094 		NONE PC Health Workforce 41,862

Delaware Valley Community Health Inc

1412 Fairmount Ave
Philadelphia,PA191302908 		NONE PC Healthcare Access 340,000

Drexel University

3141 Chestnut Street
Philadelphia,PA19104 		NONE PC Community Health; Healthcare Access; Health Workfo 305,901

Eastern Center for Arts and Technology Foundation

3075 Terwood Rd
Willow Grove,PA190901436 		NONE PC Health Workforce 18,140

Eastern University

1300 Eagle Rd
St Davids,PA19087 		NONE PC Healthcare Access; Health Workforce 53,082

Ed Snider Youth Hockey & Education

288 Egg Harbor Road
Office of Advancement
Sewell,NJ08080 		NONE PC Healthcare Access 50,000

Eluna

1617 JFK Street
Unit 7
Philadelphia,PA191031822 		NONE PC Healthcare Access 50,000

Esperanza Health Center Inc

4417 N 6th St
Suite 935
Philadelphia,PA191402319 		NONE PC Healthcare Access; Health Workforce 182,500

Face to Face Inc

109 E Price St
Philadelphia,PA191442145 		NONE PC Healthcare Access 15,000

Family Support Line of Delaware County Inc

53 W Baltimore Ave
Media,PA19063 		NONE PC Healthcare Access 50,000

Fund for Girard College

2101 S College Ave
Suite 300
Philadelphia,PA191214811 		NONE PC Healthcare Access 125,000

Greater Philadelphia Health Action

1401 S 31st Street
Philadelphia,PA191463506 		NONE PC Healthcare Access 235,000

Greater Philadelphia Young Men's Christian Associa

400 Fayette St
2nd Floor
Conshohocken,PA194282186 		NONE PC Community Health 280,000

Gwynedd Mercy University

1325 Sumney Town Pike
Suite 250
Gwynedd Valley,PA19437 		NONE PC Health Workforce 84,537

Harcum College

750 Montgomery Ave
Bryn Mawr,PA190103405 		NONE PC Healthcare Access; Health Workforce 70,047

HealthShare Exchange of Southeastern Pennsylvania

190 N Independence Mall W 701
Philadelphia,PA191061554 		NONE PC Community Health 500,000

Heights Philadelphia

123 S Broad Street
Philadelphia,PA19109 		NONE PC Health Workforce 49,580

Holy Family University

9801 Frankford Ave
Suite 850
Philadelphia,PA191142009 		NONE PC Healthcare Access; Health Workforce 166,783

HopePHL

325 N 39th St
Philadelphia,PA191044656 		NONE PC Healthcare Access 10,000

Immaculata University

1145 King Road
Immaculata,PA19345 		NONE PC Health Workforce 70,025

Kids Smiles Inc

219 B Chester Pike
Lourdes 201
Norwood,PA19074 		NONE PC Healthcare Access 220,000

La Salle University

1900 W Olney Ave
Philadelphia,PA191411108 		NONE PC Health Workforce 108,678

LCH Health and Community Services

731 W Cypress St
Kennett Sq,PA193482419 		NONE PC Healthcare Access 150,000

Main Line Health Inc

240 N Radnor-Chester Road
Radnor,PA19087 		NONE PC Community Health 250,000

Manor College

700 Fox Chase Rd
Suite 170
Jenkintown,PA190463319 		NONE PC Healthcare Access 20,000

Mazzoni Center

1348 Bainbridge Street
Philadelphia,PA19147 		NONE PC Healthcare Access; Health Workforce 55,000

Merakey Foundation

620 Germantown Pike
Lafayette Hill,PA194441810 		NONE PC Healthcare Access 35,000

Montgomery County Community College Foundation

340 Dekalb Pike
Blue Bell,PA194221412 		NONE PC Health Workforce 41,846

Neumann University

1 Neumann Dr
Aston,PA190141277 		NONE PC Healthcare Access; Health Workforce 163,906

Oshun Family Center

1620 W Sparks St
Philadelphia,PA191411918 		NONE PC Community Health 250,000

Pennsylvania State University Philanthropic Fund

1600 Woodland Rd
Abington,PA19001 		NONE PC Healthcare Access; Health Workforce 25,500

Philadelphia College of Osteopathic Medicine Found

4180 City Avenue
Philadelphia,PA19131 		NONE PC Healthcare Access 110,000

Philadelphia FIGHT

1233 Locust Street 3rd Floor
Philadelphia,PA191075400 		NONE PC Healthcare Access 50,000

Phoenixville Free Clinic

143 Church St
Phoenixville,PA194603438 		NONE PC Healthcare Access 50,000

Please Touch Museum

4231 Avenue Of The Republic
Philadelphia,PA191313719 		NONE PC Healthcare Access 50,000

Project HOME

1415 Fairmount Avenue
Philadelphia,PA191302962 		NONE PC Healthcare Access; Health Workforce 68,500

Public Health Management Corporation

1500 Market St - Centre Square East
Suite 241
Philadelphia,PA19102 		NONE PC Healthcare Access 200,000

Puentes de Salud

1700 South St
Philadelphia,PA191461529 		NONE PC Healthcare Access; Health Workforce 37,500

Resources for Human Development Inc

4700 Wissahickon Ave
Philadelphia,PA191444248 		NONE PC Healthcare Access 110,000

Saint Joseph's University

5600 City Ave
Suite 126
Philadelphia,PA191311308 		NONE PC Community Health; Health Workforce 190,070

Spectrum Health Services Inc

5201 Haverford Ave
Philadelphia,PA191391401 		NONE PC Healthcare Access 115,000

St Christopher's Foundation for Children

1800 John F Kennedy Blvd
Philadelphia,PA191037416 		NONE PC Healthcare Access 20,000

St Mary Medical Center

1201 Langhorne-Newtown Road
Ste 1550
Langhorne,PA190471201 		NONE PC Healthcare Access 70,000

Temple University-Of The Commonwealth System of Hi

1805 North Broad Street
Philadelphia,PA19122 		NONE PC Health Workforce 72,043

The Arc of Philadelphia

2350 W Westmoreland St
Wachman Hall 1108
Philadelphia,PA191404718 		NONE PC Community Health 145,000

The Center for Effective Philanthropy Inc

675 Massachusetts Street
Cambridge,MA021393309 		NONE PC New Initiative 36,890

The Children's Hospital of Philadelphia Foundation

3401 Civic Center Blvd
7th Floor
Philadelphia,PA19104 		NONE PC Healthcare Access 530,000

The Fund for the School District of Philadelphia

30 S 17th St
Philadelphia,PA191034001 		NONE PC Healthcare Access 75,000

The Philip Jaisohn Memorial Foundation Inc

6705 Old York Road
11th Floor
Philadelphia,PA19126 		NONE PC Healthcare Access; Health Workforce 92,500

Thomas Jefferson University

1101 Market Street
Philadelphia,PA191072934 		NONE PC Healthcare Access; Health Workforce 186,928

Trustees of the University of Pennsylvania

2929 Walnut Street
Suite 2004
Philadelphia,PA191045099 		NONE PC Community Health; Healthcare Access; Health Workfo 952,316

Urban Affairs Coalition

1650 Arch Street
Suite 300 - GAAR
Philadelphia,PA19103 		NONE PC Community Health 25,000

Ursinus College

601 E Main St
Suite 2701
Collegeville,PA194262509 		NONE PC Healthcare Access 12,500

Villanova University

800 Lancaster Avenue
Villanova,PA19085 		NONE PC Community Health; Healthcare Access; Health Workfo 262,037

Vision To Learn

12100 Wilshire Blvd
Office of University Advancement
Los Angeles,CA900257143 		NONE PC Healthcare Access 160,000

VNA Community Services Inc

1421 Highland Ave
Suite 1275
Abington,PA190012610 		NONE PC Healthcare Access; Health Workforce 55,000

West Chester University Foundation

202 Carter Dr
West Chester,PA193824972 		NONE PC Health Workforce 58,607

Widener University

1 University Place
Chester,PA19013 		NONE PC Healthcare Access; Health Workforce 195,795
Total .................................right arrow 3a 8,657,710
bApproved for future payment

BLACK BRAIN CAMPAIGN ASSOCIATION
5429 CHESTNUT ST
PHILADELPHIA,PA191393300 		NONE PC HEALTHCARE ACCESS 50,000

CRESCENT FOUNDATION
6445 VINE STREET
PHILADELPHIA,PA19139 		NONE PC COMMUNITY HEALTH 75,000
Total ................................. right arrow 3b 125,000
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 4,001,072  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -377,770  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aGOLF OUTING INCOME 		    42 88,649  
bALTERNATIVE INVESTMENTS     14 381,927  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   4,093,878  
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,093,878
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


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

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

36-4685801
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


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

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
AMERICAN HERITAGE CREDIT UNION
2060 RED LION ROAD
 
PHILADELPHIA, PA19115

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
AMN HEALTHCARE
2999 OLYMPUS BLVD 500
 
DALLAS, TX75019

$ 15,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
AVIDXCHANGE INC
1210 AVIDXCHANGE LANE
 
CHARLOTTE, NC28206

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
BRANDYWINE OPERATING PARTNERSHIP
2929 ARCH STREET SUITE 1800
 
PHILADELPHIA, PA19104

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
BRIAN COMMUNICATIONS
123 S BROAD ST 2700
 
PHILADELPHIA, PA19109

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
BUCKS COUNTY COMMUNITY COLLEGE
275 SWAMP ROAD
 
NEWTOWN, PA18940

$ 5,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
7
CANON FAIRWAY
1901 MARKET STREET
 
PHILADELPHIA, PA19103

$ 5,307


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
CARON TREATMENT CENTERS
PO BOX 150 GALEN HALL ROAD
 
WERNERSVILLE, PA19565

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
9
CBIZ BENEFITS INSURANCE SERVICES
401 PLYMOUTH ROAD SUITE 200
 
PLYMOUTH MEETING, PA19462

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
10
CONTEMPORARY STAFFING SOLUTIONS
1400 N PROVIDENCE ROAD STE 1025
 
MEDIA, PA19063

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
11
DELOITTE AND TOUCHE LLP
1700 MARKET STREET
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
12
EDIFECS PAYABLES CORP
1756 114TH AVENUE SOUTHEAST
 
BELLEVUE, WA98004

$ 8,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
13
ELEVANCE HEALTH
220 VIRGINIA AVENUE
 
INDIANAPOLIS, IN46204

$ 8,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
14
ELLIOTT-LEWIS CORPORATION
2900 BLACK LAKE PLACE
 
PHILADELPHIA, PA19154

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
15
EMERALD ADVISORS
610 FREEDOM BUSINESS CENTER DR
 
KING OF PRUSSIA, PA19406

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
16
EMERSON ROGERS LLC
1305 WALT WHITMAN RD 310
 
MELVILLE, NY11747

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
17
ERNST YOUNG US LLP
395 9TH AVE
 
NEW YORK, NY10001

$ 5,482


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
18
FLEXIBLE BENEFIT PLANS
1288 VALLEY FORGE RD
 
PHOENIXVILLE, PA19460

$ 6,500


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
19
HATZEL AND BUEHLER INC
1801 MARKET ST STE 2430
 
PHILADELPHIA, PA19103

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
20
HOLY FAMILY UNIVERSITY
9801 FRANKFORD AVE
 
PHILADELPHIA, PA19114

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
21
INOVALON
4321 COLLINGTON ROAD
 
BOWIE, MD20716

$ 14,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
22
INTEPROS CONSULTING
400 5TH AVE STE 340
 
WALTHAM, MA02451

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
23
INTERPUBLIC GROUP
909 THIRD AVENUE
 
NEW YORK, NY10022

$ 7,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
24
JANEAN E GARDNER
1901 MARKET STREET
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
25
JEFFERSON
1901 MARKET STREET
 
PHILADELPHIA, PA19103

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
26
JOHN J GRIFFIN JR AND FAMILY
1901 MARKET STREET
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
27
JOSEPH A FRICK
1901 MARKET STREET
 
PHILADELPHIA, PA19103

$ 10,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
28
LABCORP
1361 PATRICK HENRY DRIVE
 
PHOENIXVILLE, PA19460

$ 11,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
29
MARSH MCLENNAN COMPANIES
1717 ARCH STREET SUITE 1100
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
30
MORGAN LEWIS AND BOCKIUS LLP
1701 MARKET ST
 
PHILADELPHIA, PA19103

$ 6,500


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
31
MULLIGAN
1901 MARKET STREET
 
PHILADELPHIA, PA19103

$ 5,790


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
32
MULTIPLAN INC
1901 MARKET STREET
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
33
NATIONAL BOARD OF MEDICAL EXAMINERS
3750 MARKET STREET
 
PHILADELPHIA, PA19104

$ 8,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
34
NICOLE BORROR
1901 MARKET STREET
 
PHILADELPHIA, PA19103

$ 9,650


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
35
OPTUM SERVICES INC
5307 LAKESIDE AVENUE
 
VIRGINIA BEACH, VA23451

$ 8,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
36
PFM ASSET MANAGEMENT
1735 MARKET STREET
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
37
PRIME THERAPEUTICS
2900 AMES CROSSING ROAD SUITE 200
 
EAGAN, MN55121

$ 13,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
38
RAYMOND JAMES AND ASSOCIATES INC
1901 MARKET STREET
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
39
SHANNON OUTDOOR ADVERTISING INC
PO BOX 109
 
ARDMORE, PA19003

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
40
ST JOSEPH'S UNIVERSITY
5600 CITY AVE
 
PHILADELPHIA, PA19131

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
41
STEAMFITTERS LOCAL UNION NO 420
1901 MARKET STREET
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
42
STERLING BENEFITS
1740 WALTON RD 100
 
BLUE BELL, PA19422

$ 5,307


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
Independence Blue Cross Foundation
  		Employer identification number
36-4685801
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
43
THE GLENMEDE TRUST COMPANY
1650 MARKET ST SUITE 1200
 
PHILADELPHIA, PA19103

$ 5,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
44
UNIVERSAL PRINTING COMPANY
1901 MARKET ST
 
PHILADELPHIA, PA19103

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
45
VILLANOVA UNIVERSITY
800 E LANCASTER AVENUE
 
VILLANOVA, PA19085

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
46
WDL-EL REAL ESTATE ADVISORY GROUP
13410 PRIESTLY ST
 
PHILADELPHIA, PA19116

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
47
WEST CHESTER UNIVERSITY FOUNDATION
202 CARTER DR
 
WEST CHESTER, PA19382

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
48
WIDENER UNIVERSITY
ONE UNIVERSITY PL
 
CHESTER, PA19013

$ 5,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
Independence Blue Cross Foundation
  		Employer identification number

36-4685801
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
Independence Blue Cross Foundation
  		Employer identification number

36-4685801
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT EXPENSE 19,082 0 0 19,082

TY 2024 CompensationExplanation
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Person Name Explanation
EMILY ZITSER EMILY ZITSER was appointed on April 22, 2024
JESSICA C LAMANNA ESQ JESSICA C. LAMANNA, ESQ SERVED AS SECRETARY UNTIL APRIL 22, 2024

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

TY 2024 DepreciationSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2024 InvestmentsCorpBondsSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Name of Bond End of Year Book Value End of Year Fair Market Value
1011778 BC UNLIMITED LIAB CO 113,250 113,250
ABBVIE INC 246,883 246,883
AFLAC INC 143,465 143,465
AIR LEASE CORP 109,076 109,076
ALBERTSONS COMPANIES INC 97,375 97,375
AMAZON.COM INC 113,799 113,799
AMAZON.COM INC 157,641 157,641
AMERICAN AIRLINES 2016-2 PASS 111,797 111,797
AMERICAN AIRLINES INC 117,588 117,588
AMERICAN AXLE & MANUFACTURING 49,500 49,500
AMERICAN AXLE & MANUFACTURING 0 0
AMGEN INC 83,900 83,900
ANHEUSER-BUSCH INBEV WORLDWIDE 0 0
APPLE INC 312,956 312,956
ASCENSION HEALTH 59,657 59,657
ASHTEAD CAPITAL INC 145,316 145,316
AT&T INC 0 0
AT&T INC 0 0
AT&T INC 107,596 107,596
AT&T INC 130,126 130,126
AT&T INC 0 0
AUTONATION INC 0 0
AUTOZONE INC 0 0
AUTOZONE INC 144,606 144,606
AVALONBAY COMMUNITIES INC 81,392 81,392
BALL CORP 112,337 112,337
BANK OF AMERICA CORP 149,576 149,576
BANK OF AMERICA CORP 0 0
BANNER HEALTH 43,895 43,895
BATH & BODY WORKS INC 111,650 111,650
BAXTER INTERNATIONAL INC 0 0
BEAZER HOMES USA INC 0 0
BOARDWALK PIPELINES LP 80,970 80,970
BOARDWALK PIPELINES LP 0 0
BOEING CO 0 0
BOEING CO 0 0
BOYD GAMING CORP 115,950 115,950
BP CAPITAL MARKETS AMERICA INC 108,037 108,037
BROADCOM INC 86,223 86,223
BROADCOM INC 0 0
CAESARS ENTERTAINMENT INC 116,725 116,725
CANADIAN PACIFIC RAILWAY CO 0 0
CARNIVAL PLC 115,225 115,225
CATERPILLAR FINANCIAL SERVICES 45,836 45,836
CCO HOLDINGS LLC 123,187 123,187
CEDAR FAIR LP 0 0
CENCORA INC 0 0
CENCORA INC 0 0
CHENIERE CORPUS CHRISTI HOLDIN 73,909 73,909
CHENIERE CORPUS CHRISTI HOLDIN 0 0
CHENIERE CORPUS CHRISTI HOLDIN 0 0
CISCO SYSTEMS INC 0 0
CITIGROUP INC 470,296 470,296
CLEAN HARBORS INC 107,800 107,800
CLEAR CHANNEL OUTDOOR HOLDINGS 115,650 115,650
CLEVELAND-CLIFFS INC 119,600 119,600
COCA-COLA CO 84,007 84,007
COCA-COLA CO 0 0
COCA-COLA CO 0 0
COMCAST CORP 157,943 157,943
COMCAST CORP 0 0
COMCAST CORP 0 0
CONOCOPHILLIPS 0 0
COTY INC 119,062 119,062
CSC HOLDINGS LLC 0 0
CVS HEALTH CORP 0 0
DANA INC 113,275 113,275
DIGITAL REALTY TRUST LP 75,715 75,715
DUKE ENERGY CORP 466,895 466,895
EBAY INC 0 0
ENERGY TRANSFER LP 0 0
ENLINK MIDSTREAM PARTNERS LP 129,704 129,704
ERP OPERATING LP 0 0
EXTRA SPACE STORAGE LP 0 0
FORD MOTOR CO 74,460 74,460
GEN DIGITAL INC 126,406 126,406
GENERAL MILLS INC 53,855 53,855
GENERAL MOTORS FINANCIAL COMPA 108,967 108,967
GENERAL MOTORS FINANCIAL COMPA 0 0
GFL ENVIRONMENTAL INC 122,200 122,200
GILEAD SCIENCES INC 159,900 159,900
GLAXOSMITHKLINE CAPITAL INC 53,658 53,658
GOLDMAN SACHS GROUP INC 79,306 79,306
GOLDMAN SACHS GROUP INC 132,799 132,799
GOODYEAR TIRE & RUBBER CO 123,863 123,863
GRAPHIC PACKAGING INTERNATIONA 125,550 125,550
GRAY MEDIA INC 125,000 125,000
GRAY TELEVISION INC 0 0
HCA INC 105,009 105,009
HESS MIDSTREAM OPERATIONS LP 120,900 120,900
HILTON DOMESTIC OPERATING COMP 127,888 127,888
HOME DEPOT INC 57,420 57,420
HONEYWELL INTERNATIONAL INC 0 0
IRON MOUNTAIN INC 112,200 112,200
JANE STREET GROUP LLC 120,292 120,292
JPMORGAN CHASE & CO 317,626 317,626
KB HOME 122,362 122,362
KINDER MORGAN INC 54,003 54,003
KRAFT HEINZ FOODS CO 319,950 319,950
KROGER CO 0 0
KROGER CO 86,672 86,672
LAMAR MEDIA CORP 117,031 117,031
LOWE'S COMPANIES INC 156,945 156,945
LOWE'S COMPANIES INC 0 0
LPL HOLDINGS INC 112,982 112,982
MACY'S RETAIL HOLDINGS LLC 0 0
MARRIOTT INTERNATIONAL INC 305,450 305,450
MASTERCARD INC 0 0
MATTEL INC 97,911 97,911
MGM RESORTS INTERNATIONAL 124,375 124,375
MID-AMERICA APARTMENTS LP 0 0
MID-AMERICA APARTMENTS LP 0 0
MORGAN STANLEY 317,616 317,616
MOUNT SINAI HOSPITAL NEW YORK 35,690 35,690
NEVADA POWER CO 79,326 79,326
NEXSTAR ESCROW INC 107,113 107,113
NORDSTROM INC 138,656 138,656
NORTHWESTERN MEMORIAL HEALTHCA 28,093 28,093
NUSTAR LOGISTICS LP 129,675 129,675
ON SEMICONDUCTOR CORP 116,563 116,563
ORACLE CORP 473,049 473,049
O'REILLY AUTOMOTIVE INC 0 0
O'REILLY AUTOMOTIVE INC 0 0
OUTFRONT MEDIA CAPITAL LLC 116,850 116,850
PENSKE AUTOMOTIVE GROUP INC 122,681 122,681
PFIZER INC 0 0
PFIZER INC 156,608 156,608
PROLOGIS LP 35,122 35,122
PUBLIC STORAGE 0 0
PUBLIC STORAGE 109,316 109,316
REPUBLIC SERVICES INC 0 0
REPUBLIC SERVICES INC 0 0
REPUBLIC SERVICES INC 0 0
REPUBLIC SERVICES INC 0 0
RHP HOTEL PROPERTIES LP 123,000 123,000
RIO TINTO FINANCE (USA) LTD 107,365 107,365
SALESFORCE.COM INC 293,535 293,535
SALLY HOLDINGS LLC 0 0
SBA COMMUNICATIONS CORP 117,488 117,488
SEALED AIR CORP 114,713 114,713
SERVICE PROPERTIES TRUST 0 0
SIRIUS XM RADIO INC 119,600 119,600
SOUTHERN CO 487,567 487,567
SOUTHWEST AIRLINES CO 0 0
SPIRIT AEROSYSTEMS INC 116,700 116,700
STONEX GROUP INC 0 0
SUMMIT MATERIALS LLC 120,900 120,900
TEGNA INC 125,888 125,888
TENET HEALTHCARE CORP 116,719 116,719
TEVA PHARMACEUTICAL FINANCE NE 120,000 120,000
THERMO FISHER SCIENTIFIC INC 0 0
THERMO FISHER SCIENTIFIC INC 0 0
THERMO FISHER SCIENTIFIC INC 0 0
T-MOBILE USA INC 0 0
TORONTO-DOMINION BANK 196,927 196,927
TOYOTA MOTOR CREDIT CORP 288,159 288,159
TRANSDIGM INC 135,169 135,169
UNION PACIFIC CORP 115,932 115,932
UNITED AIRLINES INC 123,175 123,175
UNITED RENTALS (NORTH AMERICA) 116,700 116,700
UNITEDHEALTH GROUP INC 106,203 106,203
US FOODS INC 25,500 25,500
VENTAS REALTY LP 48,737 48,737
VERIZON COMMUNICATIONS INC 143,593 143,593
VERIZON COMMUNICATIONS INC 0 0
WALMART INC 245,920 245,920
WASTE MANAGEMENT INC 62,618 62,618
WASTE MANAGEMENT INC 0 0
WASTE MANAGEMENT INC 0 0
WELLS FARGO & CO 248,840 248,840
WELLTOWER OP LLC 326,452 326,452
WESCO DISTRIBUTION INC 121,650 121,650

TY 2024 InvestmentsCorpStockSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Name of Stock End of Year Book Value End of Year Fair Market Value
3M ORD 23,236 23,236
A O SMITH ORD 2,592 2,592
ABB ADR REP 1 ORD 77,611 77,611
ABBOTT LABORATORIES ORD 64,812 64,812
ABBVIE ORD 103,599 103,599
ACCENTURE CL A ORD 72,469 72,469
ADIDAS ADR 32,878 32,878
ADOBE ORD 64,479 64,479
ADVANCED MICRO DEVICES ORD 64,623 64,623
ADYEN UNSPON 100 ADR REP ORD 27,707 27,707
AFLAC ORD 17,068 17,068
AGILENT TECHNOLOGIES ORD 12,628 12,628
AGNICO EAGLE ORD 28,938 28,938
AIA GROUP ADR 56,631 56,631
AIR PRODUCTS AND CHEMICALS ORD 21,173 21,173
AIRBNB CL A ORD 18,792 18,792
AIRBUS SE UNSPONSORED ADR 47,404 47,404
AKAMAI TECHNOLOGIES ORD 4,782 4,782
AKZO NOBEL N V SPONSORED ADR 19,850 19,850
ALARUM TECHNOLOGIES ADR 7,639 7,639
ALBEMARLE ORD 3,357 3,357
ALCON ORD 26,316 26,316
ALEXANDRIA REAL ESTATE EQ REIT 4,975 4,975
ALIBABA GROUP HOLDING ADR REP 93,269 93,269
ALIGN TECHNOLOGY ORD 4,796 4,796
ALLEGION ORD 3,790 3,790
ALLIANT ENERGY ORD 5,027 5,027
ALLIANZ 10 UNSPON ADR REP ORD 82,763 82,763
ALLSTATE ORD 16,773 16,773
ALPHABET CL A ORD 364,592 364,592
ALPHABET CL C ORD 298,991 298,991
ALSTOM UNSPONSORED FRANCE ADR 20,268 20,268
AMADEUS IT GROUP ADR 27,863 27,863
AMAZON COM ORD 676,599 676,599
AMBEV ADR REP ONE ORD 20,008 20,008
AMCOR ORD 4,479 4,479
AMEREN ORD 7,844 7,844
AMERICAN AIRLINES GROUP ORD 0 0
AMERICAN ELECTRIC POWER ORD 16,140 16,140
AMERICAN EXPRESS ORD 54,313 54,313
AMERICAN INTERNATIONAL GROUP 14,997 14,997
AMERICAN TOWER REIT 28,245 28,245
AMERICAN WATER WORKS ORD 7,967 7,967
AMERIPRISE FINANCE ORD 17,038 17,038
AMETEK ORD 13,700 13,700
AMGEN ORD 46,133 46,133
AMPHENOL CL A ORD 27,572 27,572
ANALOG DEVICES ORD 34,843 34,843
ANGLOGOLD ASHANTI ADR REP 1 0 0
ANGLOGOLD ORD 16,502 16,502
ANHEUSER BUSCH ADR REP 1 ORD 26,537 26,537
ANHUI CONCH CEMENT UNSPONSORED 13,890 13,890
ANSYS ORD 9,783 9,783
ANZ GROUP HLDGS ADR 67,457 67,457
AON CL A ORD 25,860 25,860
APA ORD 2,886 2,886
APOLLO GLOBAL MANAGEMENT ORD 24,279 24,279
APPLE ORD 1,247,592 1,247,592
APPLIED MATERIAL ORD 44,235 44,235
APTIV ORD 4,778 4,778
ARCH CAPITAL GROUP ORD 11,451 11,451
ARCHER DANIELS MIDLAND ORD 7,932 7,932
ARGENX ADR REP ORD 28,290 28,290
ARISTA NETWORKS ORD 37,580 37,580
ARTHUR J GALLAGHER ORD 23,560 23,560
ASAHI KAISEI ADR 25,126 25,126
ASE INDUSTRIAL HOLDIN ADR REP 94,658 94,658
ASHTEAD GROUP ADR 33,985 33,985
ASML HOLDING ADR REP ORD 160,795 160,795
ASSA ABLOY ADR 40,654 40,654
ASSURANT ORD 3,625 3,625
ASTELLAS PHARMA ADR REP 1 ORD 27,531 27,531
ASTRAZENECA ADR REP 0.5 ORD 102,866 102,866
AT&T ORD 53,942 53,942
ATLAS COPCO ADR REP CL A ORD 53,107 53,107
ATMOS ENERGY ORD 7,103 7,103
AUO ADR 21,041 21,041
AUTODESK ORD 20,985 20,985
AUTOMATIC DATA PROCESSING ORD 39,226 39,226
AUTOZONE ORD 19,212 19,212
AVALONBAY COMMUNITIES REIT ORD 10,339 10,339
AVERY DENNISON ORD 4,865 4,865
AXON ENTERPRISE ORD 14,264 14,264
BAE SYSTEMS ADR 22,292 22,292
BAIDU ADS REP 8 CL A ORD 19,897 19,897
BAKER HUGHES CL A ORD 13,331 13,331
BALL ORD 5,348 5,348
BANCO SANTANDER ADR REP 1 ORD 59,189 59,189
BANK OF AMERICA ORD 96,778 96,778
BANK OF CHINA ADR REP 25 CL H 36,254 36,254
BANK OF NEW YORK MELLON ORD 18,362 18,362
BARCLAYS ADR REP 4 ORD 61,998 61,998
BARRICK GOLD ORD 18,910 18,910
BASF SE ADR 28,946 28,946
BATH AND BODY WORKS ORD 0 0
BAXTER INTERNATIONAL ORD 4,928 4,928
BAYER AKTIENGESELLSCHAFT EACH 9,345 9,345
BECTON DICKINSON ORD 21,553 21,553
BEIERSDORF A G UNSPONSORED GER 24,022 24,022
BEIGENE ADS REP ORD 15,516 15,516
BERKSHIRE HATHAWAY CL B ORD 273,781 273,781
BEST BUY ORD 5,491 5,491
BHP GROUP ADR 92,777 92,777
BILIBILI ADS 28,523 28,523
BIO RAD LABORATORIES CL A ORD 0 0
BIO TECHNE ORD 3,674 3,674
BIOGEN ORD 7,493 7,493
BLACKROCK ORD 50,230 50,230
BLACKSTONE ORD 41,036 41,036
BNP PARIBAS ADR 74,754 74,754
BOEING ORD 43,719 43,719
BOOKING HOLDINGS ORD 54,653 54,653
BORGWARNER ORD 2,321 2,321
BOSTON PROPERTIES REIT ORD 0 0
BOSTON SCIENTIFIC ORD 43,410 43,410
BP ADR EACH REPSTNG SIX ORD 46,557 46,557
BRAINSWAY ADR REP 2 ORD 22,302 22,302
BRISTOL MYERS SQUIBB ORD 37,839 37,839
BROADCOM ORD 357,729 357,729
BROADRIDGE FINANCIAL SOLUTIONS 8,818 8,818
BROOKFIELD CL A ORD 52,854 52,854
BROWN & BROWN ORD 8,060 8,060
BROWN FORMAN CL B ORD 2,279 2,279
BUILDERS FIRSTSOURCE ORD 5,574 5,574
BUNGE ORD 3,577 3,577
BUNZL ADR 40,690 40,690
BXP ORD 3,644 3,644
BYD COMPANY ADR 31,946 31,946
CADENCE DESIGN SYSTEMS ORD 27,041 27,041
CAESARS ENTERTAINMENT ORD 2,373 2,373
CAMDEN PROPERTY REIT ORD 4,061 4,061
CAMPBELL SOUP ORD 2,681 2,681
CAN FITE BIOPHARMA ADR REP 30 4,582 4,582
CANADIAN IMPERIAL BANK COMMERC 69,869 69,869
CANADIAN NATIONAL RAILWAY ORD 47,608 47,608
CANADIAN PACIFIC RAILWAY ORD 45,231 45,231
CANON ADR REP ORD 51,272 51,272
CAPGEMINI SE UNSPONSORED ADR 25,968 25,968
CAPITAL ONE FINANCIAL ORD 22,290 22,290
CARDINAL HEALTH ORD 9,462 9,462
CARLSBERG AS SPONSORED REPRESE 17,163 17,163
CARMAX ORD 4,170 4,170
CARNIVAL ORD 8,523 8,523
CARRIER GLOBAL ORD 18,703 18,703
CATALENT ORD 0 0
CATERPILLAR ORD 57,679 57,679
CBOE GLOBAL MARKETS ORD 6,644 6,644
CBRE GROUP CL A ORD 13,129 13,129
CDW ORD 7,658 7,658
CELANESE ORD 2,492 2,492
CENCORA ORD 13,031 13,031
CENTENE ORD 10,117 10,117
CENTERPOINT ENERGY ORD 6,758 6,758
CENTRL JAPAN RAILWAY ADR 24,450 24,450
CF INDUSTRIES HOLDINGS ORD 4,949 4,949
CGI ORD 40,448 40,448
CH ROBINSON WORLDWIDE ORD 4,029 4,029
CHARLES SCHWAB ORD 36,487 36,487
CHARTER COMMUNICATIONS CL A 10,969 10,969
CHEVRON ORD 79,807 79,807
CHINA CONSTRUCTION BANK ADR 44,908 44,908
CHINA MERCHANTS BANK ADR 60,353 60,353
CHIPMOS TECHNOLOGIES ADR 24,479 24,479
CHIPOTLE MEXICAN GRILL ORD 27,135 27,135
CHRLS RIVER LABS ORD 3,138 3,138
CHUBB ORD 34,261 34,261
CHUGAI PHARMACEUTICAL ADR 32,955 32,955
CHUNGHWA TELECOM ADR REP 10 81,889 81,889
CHURCH AND DWIGHT ORD 8,482 8,482
CIGNA ORD 25,405 25,405
CINCINNATI FINANCIAL ORD 7,472 7,472
CINTAS ORD 20,645 20,645
CISCO SYSTEMS ORD 77,789 77,789
CITIGROUP ORD 43,853 43,853
CITIZENS FINANCIAL GROUP ORD 6,345 6,345
CLOROX ORD 6,496 6,496
CLP HOLDINGS ADR 40,241 40,241
CME GROUP CL A ORD 27,635 27,635
CMS ENERGY ORD 6,465 6,465
COCA-COLA ORD 79,568 79,568
COGNIZANT TECHNOLOGY SOLUTN CL 12,612 12,612
COLGATE PALMOLIVE ORD 24,455 24,455
COLLIERS INTRNTNL GP SUB VTG 36,304 36,304
COLOPLAST AS SPONSORED ADR 17,865 17,865
COMCAST CL A ORD 47,213 47,213
COMERICA ORD 0 0
COMMONWEALTH BANK OF AUSTRALIA 127,228 127,228
COMPAGNIE DE SAINT GOBAIN UNSP 55,859 55,859
COMPAGNIE FINANCIERE RICHEMONT 64,894 64,894
COMPANHIA PARANAENSE DE ENERGI 4,834 4,834
COMPASS GROUP ADR 50,385 50,385
CONAGRA BRANDS ORD 4,412 4,412
CONOCOPHILLIPS ORD 42,346 42,346
CONSOLIDATED EDISON ORD 10,172 10,172
CONSTELLATION BRANDS CL A ORD 11,492 11,492
CONSTELLATION ENERGY ORD 23,266 23,266
COOPER ORD 5,975 5,975
COPART ORD 16,528 16,528
CORNING ORD 12,118 12,118
CORPAY ORD 7,787 7,787
CORTEVA ORD 12,930 12,930
COSTAR GROUP ORD 9,593 9,593
COSTCO WHOLESALE ORD 133,775 133,775
COTERRA ENERGY ORD 6,155 6,155
CREDICORP ORD 28,048 28,048
CROWDSTRIKE HOLDINGS CL A ORD 26,346 26,346
CROWN CASTLE ORD 12,979 12,979
CSL ADR 63,043 63,043
CSX ORD 20,556 20,556
CUMMINS ORD 15,687 15,687
CVS HEALTH ORD 18,674 18,674
D MARKET ELECTRONIC SERVICES T 9,060 9,060
D R HORTON ORD 13,423 13,423
DAIICHI SANKYO ADR 35,750 35,750
DAIWA HOUSE INDUSTRY ADR REP 43,747 43,747
DANAHER ORD 48,665 48,665
DANONE SPONSORED FRANCE ADR 28,989 28,989
DARDEN RESTAURANTS ORD 7,281 7,281
DASSAULT SYSTEMES ADR 19,114 19,114
DAVITA ORD 2,243 2,243
DAYFORCE ORD 3,850 3,850
DBS GROUP HOLDINGS ADR 97,823 97,823
DECKERS OUTDOOR ORD 10,154 10,154
DEERE ORD 35,591 35,591
DELL TECHNOLOGIES CL C ORD 11,754 11,754
DELTA AIR LINES ORD 12,705 12,705
DENTSPLY SIRONA ORD 0 0
DEUTSCHE BOERSE ADR 35,665 35,665
DEUTSCHE POST ADR 23,557 23,557
DEUTSCHE TELEKOM ORD 88,505 88,505
DEVON ENERGY ORD 7,004 7,004
DEXCOM ORD 10,032 10,032
DIAGEO ADR REP 4 ORD 45,640 45,640
DIAMONDBACK ENERGY ORD 10,157 10,157
DIGITAL REALTY REIT ORD 18,265 18,265
DISCO ADR 22,983 22,983
DISCOVER FINANCIAL SERVICES 14,378 14,378
DOLLAR GENERAL ORD 5,459 5,459
DOLLAR TREE ORD 5,021 5,021
DOMINION ENERGY ORD 14,919 14,919
DOMINOS PIZZA ORD 4,617 4,617
DOVER ORD 8,630 8,630
DOW ORD 9,270 9,270
DR REDDYS LABORATORIES ADR REP 85,266 85,266
DSV A S UNSPONSORED ADR 39,294 39,294
DTE ENERGY ORD 8,211 8,211
DUKE ENERGY ORD 27,366 27,366
DUPONT DE NEMOURS ORD 10,599 10,599
E ON SE SPONSORED GERMANY ADR 23,455 23,455
EAST JAPAN RAILWAY ADR 32,671 32,671
EASTMAN CHEMICAL ORD 3,470 3,470
EATON ORD 43,475 43,475
EBAY ORD 9,726 9,726
ECOLAB ORD 19,449 19,449
ECOPETROL ADR REP 20 ORD 14,692 14,692
EDAP TMS ADR REP 1 ORD 0 0
EDISON INTERNATIONAL ORD 10,140 10,140
EDWARDS LIFESCIENCES ORD 14,362 14,362
EISAI ADR 5,628 5,628
ELECTRONIC ARTS ORD 11,558 11,558
ELEVANCE HEALTH ORD 28,036 28,036
ELI LILLY ORD 200,720 200,720
EMBRAER ADR REP FOUR ORD 15,406 15,406
EMERSON ELECTRIC ORD 23,299 23,299
ENBRIDGE ORD 75,950 75,950
ENEL CHILE ADR REP 50 ORD 8,122 8,122
ENEL SOCIETA PER AZIONI UNSPON 28,816 28,816
ENGIE SPONSORED ADR 23,211 23,211
ENI ADR 48,564 48,564
ENN ENERGY HOLDINGS ADR 16,214 16,214
ENPHASE ENERGY ORD 3,091 3,091
ENTERGY ORD 10,766 10,766
EOG RESOURCES ORD 22,800 22,800
EPAM SYSTEMS ORD 4,443 4,443
EQT ORD 8,991 8,991
EQUIFAX ORD 10,449 10,449
EQUINIX REIT ORD 30,172 30,172
EQUINOR ASA 33,758 33,758
EQUITY RESIDENTIAL REIT ORD 8,109 8,109
ERICSSON SPON ADR REP 1 CL B 16,644 16,644
ERIE INDEMNITY CL A ORD 3,298 3,298
ESSEX PROPERTY REIT ORD 5,994 5,994
ESSILORLUXOTTICA UNSPONSORED 42,838 42,838
ESTEE LAUDER CL A ORD 5,773 5,773
ETSY ORD 0 0
EVEREST RE GROUP ORD 5,074 5,074
EVERGY ORD 4,678 4,678
EVERSOURCE ENERGY ORD 6,834 6,834
EXELON ORD 12,421 12,421
EXPEDIA GROUP ORD 7,453 7,453
EXPEDITORS INTERNATIONAL OF WA 5,095 5,095
EXPERIAN ADR 34,611 34,611
EXTRA SPACE STORAGE REIT ORD 10,472 10,472
EXXON MOBIL ORD 155,976 155,976
F5 ORD 4,778 4,778
FACTSET RESEARCH SYSTEMS ORD 5,763 5,763
FAIR ISAAC ORD 15,927 15,927
FANUC ADR 31,035 31,035
FASTENAL ORD 13,519 13,519
FEDERAL REIT ORD 2,799 2,799
FEDEX ORD 20,818 20,818
FERGUSON ORD 0 0
FERRARI ORD 53,530 53,530
FIDELITY NATIONAL INFORMATN SV 14,296 14,296
FIFTH THIRD BANCORP ORD 9,302 9,302
FIRST SOLAR ORD 6,168 6,168
FIRSTENERGY ORD 6,643 6,643
FIRSTSERVICE SUB VTG ORD 42,721 42,721
FISERV ORD 38,414 38,414
FLEETCOR TECHNOLOGIES ORD 0 0
FLUTTER ENTMT ADR 0 0
FMC ORD 2,042 2,042
FOMENTO ECON ADR REPRESENTING 38,043 38,043
FORD MOTOR ORD 12,791 12,791
FORTESCUE METAL GROUP ADR 10,819 10,819
FORTINET ORD 19,841 19,841
FORTIS ORD 60,900 60,900
FORTIVE ORD 8,550 8,550
FOX CL A ORD 3,595 3,595
FOX CL B ORD 1,921 1,921
FRANCO NEVADA ORD 16,933 16,933
FRANKLIN RESOURCES ORD 2,090 2,090
FREEPORT MCMORAN ORD 18,050 18,050
FRESENIUS MEDICAL ADR REPTG 0. 8,830 8,830
FUTU HOLDINGS ADR 7,999 7,999
GAOTU TECHEDU 3 ADR REP TWO CL 3,219 3,219
GARMIN ORD 10,519 10,519
GARTNER ORD 12,596 12,596
GE AEROSPACE ORD 59,544 59,544
GE HEALTHCARE TECHNOLOGIES ORD 11,727 11,727
GE VERNOVA ORD 29,933 29,933
GEELY AUTOMOBILE HOLDING ADR 21,637 21,637
GEN DIGITAL ORD 4,874 4,874
GENERAC HOLDINGS ORD 2,946 2,946
GENERAL DYNAMICS ORD 22,397 22,397
GENERAL MILLS ORD 11,734 11,734
GENERAL MOTORS ORD 19,230 19,230
GENMAB ADR 16,383 16,383
GENUINE PARTS ORD 5,371 5,371
GILEAD SCIENCES ORD 37,872 37,872
GIVAUDAN ADR 42,668 42,668
GLENCORE ADR 37,015 37,015
GLOBAL PAYMENTS ORD 9,413 9,413
GLOBE LIFE ORD 3,011 3,011
GODADDY CL A ORD 9,079 9,079
GOLD FIELDS ADR REP 1 ORD 14,982 14,982
GOLDMAN SACHS GROUP ORD 59,552 59,552
GRUPO AEROPORTUA ADR REP 10 SR 42,767 42,767
GRUPO ARPRTUR DL ADR REP 8 SRS 20,249 20,249
GRUPO AVL ACIONS Y VL ADR REP 4,608 4,608
GSK ADR REP 2 ORD WI 39,603 39,603
HAIER SMART HOME ADR 38,500 38,500
HALEON ADR REP 2 ORD 35,870 35,870
HALLIBURTON ORD 7,939 7,939
HANG SENG BK ADR 14,152 14,152
HARTFORD FINANCIAL SERVICES GR 10,502 10,502
HASBRO ORD 2,404 2,404
HCA HEALTHCARE ORD 18,009 18,009
HDFC BANK ADR REP 3 ORD 188,387 188,387
HEADHUNTER GROUP ADR 4,902 4,902
HEALTHPEAK PROPERTIES ORD 4,662 4,662
HELLO GROUP ADR 9,946 9,946
HENGAN INTERNATIONAL GROUP COM 19,186 19,186
HENKEL AND ORD 24,621 24,621
HENRY SCHEIN ORD 2,768 2,768
HERSHEY FOODS ORD 8,129 8,129
HESS ORD 12,104 12,104
HEWLETT PACKARD ENTERPRISE ORD 9,095 9,095
HEXAGON ADR 32,796 32,796
HILTON WORLDWIDE HOLDINGS ORD 19,773 19,773
HIMAX TECHNOLOGIES ADR REP 2 9,125 9,125
HITACHI ADR 139,725 139,725
HOLOGIC ORD 5,551 5,551
HOME DEPOT ORD 127,589 127,589
HONDA MOTOR ADR REP 1 ORD 45,823 45,823
HONEYWELL INTERNATIONAL ORD 48,566 48,566
HONG KONG EXCHANGES CLEARING 50,665 50,665
HORMEL FOODS ORD 2,949 2,949
HOST HOTELS & RESORTS REIT ORD 3,977 3,977
HOWMET AEROSPACE ORD 14,765 14,765
HOYA ADR 57,040 57,040
HP ORD 10,344 10,344
HSBC HOLDINGS ADR REP 5 ORD 113,758 113,758
HUBBELL ORD 7,540 7,540
HUMANA ORD 9,895 9,895
HUNTINGTON BANCSHARES ORD 7,826 7,826
HUNTINGTON INGALLS INDUSTRIES 2,457 2,457
IBERDROLA ADR 52,659 52,659
ICICI BANK ADR REP 2 ORD 189,163 189,163
IDEX ORD 5,232 5,232
IDEXX LABORATORIES ORD 11,163 11,163
ILLINOIS TOOL ORD 22,567 22,567
ILLUMINA ORD 0 0
INCYTE ORD 3,661 3,661
INDUSTRIA DE DISENO TEXTIL IND 52,678 52,678
INDUSTRIAL COMMERCIAL BANK OF 71,646 71,646
INFINEON TECHNOL ADR REP 1 ORD 35,511 35,511
INFOSYS ADR REP ORD 151,906 151,906
ING GROEP ADR REP 1 ORD 35,493 35,493
INGERSOLL RAND ORD 12,122 12,122
INPEX ADR 31,851 31,851
INSULET ORD 6,005 6,005
INTEL ORD 28,531 28,531
INTERCONTINENTAL EXCHANGE ORD 28,163 28,163
INTERCONTINENTAL HOTEL ADR REP 66,033 66,033
INTERNATIONAL BUSINESS MACHINE 67,048 67,048
INTERNATIONAL FLAVORS & FRAGRA 7,187 7,187
INTERNATIONAL PAPER ORD 6,135 6,135
INTERPUBLIC GROUP OF COMPANIES 3,502 3,502
INTESA SANPAOLO S P A SPONSORE 84,887 84,887
INTUIT ORD 58,450 58,450
INTUITIVE SURGICAL ORD 61,069 61,069
INVESCO ORD 2,622 2,622
INVITATION HOMES ORD 6,042 6,042
IPERIONX ADR 18,404 18,404
IQVIA HOLDINGS ORD 11,201 11,201
IRON MOUNTAIN ORD 10,196 10,196
ITAU UNIBANCO HOLDING ADR REP 31,273 31,273
ITOCHU ADR REP 2 ORD 88,211 88,211
JABIL ORD 5,468 5,468
JACK HENRY AND ASSOCIATES ORD 4,207 4,207
JACOBS SOLUTIONS ORD 5,612 5,612
JARDINE MATHESON HOLDINGS ADR 12,085 12,085
JB HUNT TRANSPORT SERVICES ORD 4,437 4,437
JD.COM ADR REP 2 CL A ORD 24,962 24,962
JM SMUCKER ORD 3,744 3,744
JOHNSON & JOHNSON ORD 114,973 114,973
JOHNSON CONTROLS INTERNATIONAL 17,365 17,365
JPMORGAN CHASE ORD 222,451 222,451
JUNIPER NETWORKS ORD 4,119 4,119
KANZHUN ADR REP 2 ORD 8,004 8,004
KAO UNSPON ADR REP 1/5 ORD 28,886 28,886
KB FINANCIAL GROUP ADR REP ONE 91,609 91,609
KBC GROUP NV UNSPONSORED BELGI 43,584 43,584
KDDI ADR REP 0.5 ORD 42,108 42,108
KE HOLDINGS ADR REP 3 CL A ORD 10,499 10,499
KELLANOVA ORD 7,125 7,125
KENVUE ORD 13,450 13,450
KERING UNSPONSORED FRANCE ADR 13,670 13,670
KERRY GROUP ADR 20,987 20,987
KEURIG DR PEPPER ORD 11,981 11,981
KEYCORP ORD 5,622 5,622
KEYSIGHT TECHNOLOGIES ORD 9,156 9,156
KIMBERLY CLARK ORD 14,283 14,283
KIMCO REALTY REIT ORD 5,272 5,272
KINDER MORGAN CL P ORD 17,509 17,509
KINGFISHER ADR 13,961 13,961
KINGSOFT CLOUD HOLD ADR REP 15 0 0
KINROSS GOLD ORD 20,950 20,950
KKR AND CO ORD 32,836 32,836
KLA ORD 27,725 27,725
KONE OYJ UNSPONSORED REPRESENT 18,133 18,133
KONINKLIJKE AHOLD DELHAIZE N V 30,309 30,309
KONINKLIJKE PHILIPS ADR 20,990 20,990
KOREA ELECTRIC POWER ADR REP 29,928 29,928
KRAFT HEINZ ORD 8,967 8,967
KROGER ORD 13,514 13,514
KT ADR REP 1/2 ORD 83,808 83,808
KYOCERA SPON ADR 23,236 23,236
L AIR LIQUIDE ORD ADR 58,308 58,308
L OREAL ADR 52,455 52,455
L3HARRIS TECHNOLOGIES ORD 13,248 13,248
LABORATORY CORPRTN OF AMER HLD 6,421 6,421
LAM RESEARCH ORD 31,420 31,420
LAMB WESTON HOLDINGS ORD 3,208 3,208
LAS VEGAS SANDS ORD 5,855 5,855
LASERTEC ADR 5,561 5,561
LEIDOS HOLDINGS ORD 6,339 6,339
LENNAR CL A ORD 10,773 10,773
LENNOX INTERNATIONAL ORD 6,093 6,093
LENOVO GROUP ADR 16,737 16,737
LG DISPLAY ADR REP 1/2 ORD 17,284 17,284
LI AUTO ADR 2 ORD 13,434 13,434
LI NING COMPANY ADR 4,870 4,870
LINDE ORD 65,731 65,731
LIVE NATION ENTERTAINMENT ORD 6,734 6,734
LKQ ORD 3,124 3,124
LLOYDS BANKING GROUP ADR 4 ORD 47,464 47,464
LOCALIZA RENT A CAR ADR 6,945 6,945
LOCKHEED MARTIN ORD 34,016 34,016
LOEWS ORD 5,081 5,081
LOGITECH N ORD 35,410 35,410
LONDON STK EXCHANGE GROUP UNSP 35,155 35,155
LONZA GROUP ADR 41,146 41,146
LOWE'S COMPANIES ORD 46,152 46,152
LULULEMON ATHLETICA ORD 14,149 14,149
LVMH MOET HENNESSY LOUIS VUITT 98,932 98,932
LYONDELLBASELL INDUSTRIES CL A 6,313 6,313
M&T BANK ORD 10,153 10,153
MACQUARIE GROUP ADR 93,953 93,953
MAGNA INTERNATIONAL ORD 25,074 25,074
MANULIFE FINANCIAL ORD 73,704 73,704
MARATHON OIL ORD 0 0
MARATHON PETROLEUM ORD 14,926 14,926
MARKETAXESS HOLDINGS ORD 2,712 2,712
MARRIOTT INTERNATIONAL CL A 21,199 21,199
MARSH & MCLENNAN ORD 34,410 34,410
MARTIN MARIETTA MATERIALS ORD 10,330 10,330
MASCO ORD 5,225 5,225
MASTERCARD CL A ORD 142,174 142,174
MATCH GROUP ORD 2,715 2,715
MCCORMICK ORD 6,404 6,404
MCDONALD'S ORD 68,414 68,414
MCKESSON ORD 23,936 23,936
MEDTRONIC ORD 33,789 33,789
MEITUAN UNSPONSORED ADR 53,364 53,364
MELCO RESORTS ENTERTAINMENT 6,079 6,079
MERCEDES BENZ GROUP ADR 42,911 42,911
MERCK & CO. INC. 83,066 83,066
MERCK KGAA DARMSTADT GERMANY 18,896 18,896
META PLATFORMS CL A ORD 420,982 420,982
METLIFE ORD 15,721 15,721
METTLER TOLEDO ORD 8,566 8,566
MGM RESORTS INTERNATIONAL ORD 2,668 2,668
MICHELIN COMPAGNIE GENERALE DE 54,038 54,038
MICROCHIP TECHNOLOGY ORD 10,208 10,208
MICRON TECHNOLOGY ORD 30,803 30,803
MICROSOFT ORD 1,033,096 1,033,096
MID AMERICA APT COMMUNITI REIT 6,028 6,028
MITSUBISHI ESTATE ADR 36,931 36,931
MITSUBISHI UFJ FNCL GRP ADS RE 108,669 108,669
MITSUI & COMPANY ADR REP 20 OR 69,965 69,965
MMC NORILSK NICKEL SPON ADR RE 3,141 3,141
MOBILE TELESYT PBL JNT ADR REP 1 1
MODERNA ORD 4,574 4,574
MOHAWK INDUSTRIES ORD 2,144 2,144
MOLINA HEALTHCARE ORD 5,530 5,530
MOLSON COORS BEVERAGE COMPA CL 3,439 3,439
MONDELEZ INTERNATIONAL CL A OR 26,281 26,281
MONOLITHIC POWER SYSTEMS ORD 9,467 9,467
MONSTER BEVERAGE ORD 12,194 12,194
MOODYS ORD 24,142 24,142
MORGAN STANLEY ORD 51,420 51,420
MOSAIC ORD 2,507 2,507
MOTOROLA SOLUTIONS ORD 25,423 25,423
MOWI ASA SPONSORED ADR 22,604 22,604
MSCI ORD 15,600 15,600
MUENCHENER RE GROUP ADR 82,164 82,164
MURATA MANUFACTURING ADR 33,254 33,254
NASDAQ ORD 10,514 10,514
NASPERS SPON 5 ADR REP CL N OR 56,566 56,566
NATIONAL AUSTRALIA BANK ORD 79,165 79,165
NATIONAL GRID ADR REP 5 ORD 29,710 29,710
NEBIUS CL A ORD 15,235 15,235
NESTE OYJ UNSPONSORED ADR 0 0
NESTLE ADR 104,985 104,985
NETAPP ORD 7,777 7,777
NETEASE ADR 27,655 27,655
NETFLIX ORD 125,676 125,676
NEW ORIENTL EDUCTN GRP ADR REP 12,836 12,836
NEWMONT ORD 14,032 14,032
NEWS CL A ORD 3,443 3,443
NEWS CL B ORD 1,126 1,126
NEXTERA ENERGY ORD 48,534 48,534
NICE ADR REP 1 ORD 13,587 13,587
NIDEC ADR 19,312 19,312
NIKE CL B ORD 29,738 29,738
NINTENDO ADR 59,105 59,105
NIO ADS REP 1 CL A ORD 20,427 20,427
NIPPON TELEGRPH SPON ADR REP O 25,217 25,217
NISOURCE ORD 5,735 5,735
NIU TECHNOLOGIES ADR REP 2 ORD 0 0
NOKIA ADR REPSG 1 SER A ORD 0 0
NOMURA HOLDINGS ADR REPTG ONE 31,961 31,961
NORDEA BANK ABP SPONSORED FINL 63,271 63,271
NORDSON ORD 3,766 3,766
NORFOLK SOUTHERN ORD 17,368 17,368
NORTHERN TRUST ORD 6,663 6,663
NORTHROP GRUMMAN ORD 21,118 21,118
NORWEGIAN CRUISE LINE HOLDINGS 3,808 3,808
NOVARTIS ADR REPSG 1 ORD 119,205 119,205
NOVO NORDISK ADR REPSG 1 ORD 164,556 164,556
NOVOZYMES A S UNSPONSORED ADR 19,506 19,506
NRG ENERGY ORD 6,135 6,135
NUCOR ORD 9,103 9,103
NUTRIEN ORD 27,074 27,074
NVIDIA ORD 1,086,809 1,086,809
NVR ORD 8,179 8,179
NXP SEMICONDUCTORS ORD 17,459 17,459
O REILLY AUTOMOTIVE ORD 22,530 22,530
OCCIDENTAL PETROLEUM ORD 11,018 11,018
OLD DOMINION FREIGHT LINE ORD 10,937 10,937
OLYMPUS ADR 0 0
OMNICOM GROUP ORD 5,593 5,593
ON SEMICONDUCTOR ORD 8,890 8,890
ONEOK ORD 19,277 19,277
OPEN TEXT ORD 19,541 19,541
OPERA ADS 8,050 8,050
ORACLE ORD 88,319 88,319
ORCHARD THERAPEUTICS ADR 0 0
ORIX ADR REP 5 ORD 62,145 62,145
ORSTED A S UNSPONSORED ADR 5,897 5,897
OTIS WORLDWIDE ORD 12,132 12,132
PACCAR ORD 17,995 17,995
PACKAGING CORP OF AMERICA ORD 6,529 6,529
PALANTIR TECHNOLOGIES CL A ORD 51,202 51,202
PALO ALTO NETWORKS ORD 39,303 39,303
PANASONIC HOLDINGS ADR 30,955 30,955
PARAMOUNT GLOBAL CL B ORD 2,082 2,082
PARKER HANNIFIN ORD 27,349 27,349
PAYCHEX ORD 14,863 14,863
PAYCOM SOFTWARE ORD 3,280 3,280
PAYPAL HOLDINGS ORD 28,251 28,251
PDD HOLDINGS ADS 33,462 33,462
PEMBINA PIPELINE ORD 46,927 46,927
PENTAIR ORD 5,535 5,535
PEPSICO ORD 68,883 68,883
PERNOD RICARD S A SPONSORED AD 22,143 22,143
PFIZER ORD 49,638 49,638
PG&E ORD 14,530 14,530
PHILLIPS 66 ORD 15,494 15,494
PICC PROPERTY AND CASUALTY COM 21,600 21,600
PING AN INSURANCE GROUP COMPAN 31,777 31,777
PINNACLE WEST ORD 3,136 3,136
PIONEER NATURAL RESOURCE ORD 0 0
PLDT ADR REP ORD 23,701 23,701
PNC FINANCIAL SERVICES GROUP 25,263 25,263
POOL ORD 4,091 4,091
POSCO ADR REPSG 1/4 ORD 55,934 55,934
PPG INDUSTRIES ORD 9,078 9,078
PPL ORD 7,855 7,855
PRINCIPAL FINANCIAL GROUP ORD 5,341 5,341
PROCTER & GAMBLE ORD 130,264 130,264
PROGRESSIVE ORD 46,245 46,245
PROLOGIS REIT 32,239 32,239
PROSUS NV SPONSORED NETHERLAND 47,846 47,846
PRUDENTIAL ADR REPSTG 2 ORD 13,549 13,549
PRUDENTIAL FINANCIAL ORD 13,987 13,987
PT BANK CENTRAL ASIA TBK UNSPO 41,340 41,340
PT BANK MANDIRI PERSERO TBK UN 49,299 49,299
PT TLKMNK TBK ADR REP 100 SRS 25,580 25,580
PTC ORD 7,355 7,355
PUBLIC SERVICE ENTERPRISE GROU 13,941 13,941
PUBLIC STORAGE REIT ORD 15,571 15,571
PULTEGROUP ORD 7,296 7,296
QIFU TECHNOLOGY ADR 9,403 9,403
QORVO ORD 0 0
QUALCOMM ORD 56,379 56,379
QUANTA SERVICES ORD 15,486 15,486
QUEST DIAGNOSTICS ORD 5,582 5,582
RALPH LAUREN CL A ORD 3,234 3,234
RAYMOND JAMES ORD 9,320 9,320
REALTY INCOME REIT ORD 15,382 15,382
RECKITT BENCKISER ADR 24,401 24,401
RECRUIT HOLDING 5 UNSPON ADR R 87,732 87,732
REDHILL BIOPHARMA ADR REP TEN 0 0
REDHILL BIOPHARMA LTD. 2,603 2,603
REGENCY CENTERS REIT ORD 3,992 3,992
REGENERON PHARMACEUTICALS ORD 24,932 24,932
REGIONS FINANCIAL ORD 7,056 7,056
RELX ADR REP ORD 68,584 68,584
RENESAS ELECTRON ADR REPSTG 1/ 8,159 8,159
RENTOKIL INITIAL ADR 17,724 17,724
REPUBLIC SERVICES ORD 13,479 13,479
RESMED ORD 11,206 11,206
RESTAURANT BRANDS INTRNATIONAL 26,398 26,398
REVVITY ORD 4,464 4,464
RIO TINTO ADR REP ONE ORD 52,635 52,635
ROBERT HALF INT ORD 0 0
ROCHE HOLDINGS ADR 97,490 97,490
ROCKWELL AUTOMAT ORD 10,574 10,574
ROLLINS ORD 4,264 4,264
ROLLS ROYCE HOLDINGS ADR 69,862 69,862
ROPER TECHNOLOGIES ORD 18,152 18,152
ROSS STORES ORD 16,640 16,640
ROYAL BANK OF CANADA ORD 93,395 93,395
ROYAL CARIBBEAN GROUP ORD 18,917 18,917
RTX ORD 50,801 50,801
RWE ADR REP 1 ORD 19,149 19,149
RYANAIR HOLDINGS ORD 32,126 32,126
S&P GLOBAL ORD 52,293 52,293
SAFRAN ADR 48,233 48,233
SALESFORCE ORD 105,314 105,314
SANDOZ GROUP ADR 9,923 9,923
SANDVIK A B SPONSORED SWEDEN 22,465 22,465
SANOFI ADR REP 1 1/2 ORD 80,303 80,303
SANTOS ADR 26,334 26,334
SAP ADR REP 1 ORD 177,764 177,764
SASOL ADR REP 1 ORD 0 0
SBA COMMUNICATIONS CL A REIT 7,337 7,337
SCHLUMBERGER ORD 17,905 17,905
SCHNEIDER ELECTRIC SE UNSPONSO 90,841 90,841
SEA ADS REP CL A ORD 36,074 36,074
SEAGATE TECHNOLOGY HOLDINGS 5,955 5,955
SEMPRA ORD 18,246 18,246
SENDAS DISTRIBUIDORA ADR REP 5 2,794 2,794
SERVICENOW ORD 72,088 72,088
SEVEN I HOLDINGS ADR REP 0.50 48,624 48,624
SHELL ADR EACH REP 2 ORD 135,951 135,951
SHERWIN WILLIAMS ORD 25,835 25,835
SHIN ETSU CHEMICAL ADR 67,517 67,517
SHINHAN FINANCIAL ADR REPSG 1 57,704 57,704
SHIONOGI 4 ADR REP ORD 25,626 25,626
SHISEIDO ADR 8,673 8,673
SHOPIFY CL A SUB VTG ORD 72,836 72,836
SIEMENS ADR 84,595 84,595
SIEMENS HEALTHINEERS ADR 11,445 11,445
SIFY TECHNOLOGIES ADR REP 1 OR 0 0
SIFY TECHNOLOGIES ADR REP 6 OR 10,219 10,219
SIKA ADR 65,698 65,698
SILICON MOTION TECHNO ADR REP 14,594 14,594
SIMON PROP GRP REIT ORD 17,393 17,393
SINGAPORE TELECOMMUNICATIONS A 29,627 29,627
SINOPEC SHANGH ADR REP 100 CL 0 0
SK TELECOM ADR REPRESENT 5 9TH 41,554 41,554
SKYWORKS SOLUTIONS ORD 4,700 4,700
SMC SPN ADR REP ORD 31,880 31,880
SMITH NEPHEW ADR REP 2 ORD 12,290 12,290
SMURFIT WESTROCK ORD 8,779 8,779
SNAP ON ORD 5,771 5,771
SOFTBANK ADR 28,745 28,745
SOFTBANK GROUP UNSPONSORED ADR 44,671 44,671
SOLVENTUM ORD 3,105 3,105
SONIC HEALTHCARE ADR 33,860 33,860
SONOVA HOLDING ADR 31,870 31,870
SONY GROUP ADR REP ORD 92,046 92,046
SOUTH BOW ORD 4,313 4,313
SOUTH32 ADR 15,315 15,315
SOUTHERN ORD 29,635 29,635
SOUTHWEST AIRLINES ORD 6,690 6,690
SSE ADR 36,671 36,671
STANLEY BLACK AND DECKER ORD 4,095 4,095
STARBUCKS ORD 34,128 34,128
STATE STREET ORD 9,422 9,422
STEEL DYNAMICS ORD 5,361 5,361
STERIS ORD 6,783 6,783
STMICROELECTRONICS ADR 16,730 16,730
STRYKER ORD 40,686 40,686
SUMITOMO ADR 52,062 52,062
SUMITOMO MIT ADR REP 1/5TH OF 89,331 89,331
SUN HUNG KAI PPTYS ADR 33,190 33,190
SUN LIFE FINANCIAL ORD 50,142 50,142
SUNTORY BVRGE UNSPON ADR REP 41,384 41,384
SUPER MICRO COMPUTER ORD 5,182 5,182
SWIRE PACIFIC ADR REP CL A ORD 44,506 44,506
SYMRISE ADR 26,278 26,278
SYNCHRONY FINANCIAL ORD 8,385 8,385
SYNOPSYS ORD 24,753 24,753
SYSCO ORD 12,387 12,387
T MOBILE US ORD 35,538 35,538
T ROWE PRICE GROUP ORD 8,256 8,256
TAIWAN SEMICONDUCTOR MNFTG ADR 531,248 531,248
TAKE TWO INTERACTIVE SOFTWARE 9,756 9,756
TAKEDA PHARMA ADR REP 0.5 ORD 31,511 31,511
TAPESTRY ORD 5,030 5,030
TARGA RESOURCES ORD 12,852 12,852
TARGET ORD 20,547 20,547
TC ENERGY ORD 42,575 42,575
TDK ORD 47,952 47,952
TE CONNECTIVITY ORD 14,154 14,154
TECHTRONIC INDUSTRIES COMPANY 33,789 33,789
TELEDYNE TECH ORD 7,426 7,426
TELEFLEX ORD 2,670 2,670
TELENOR ASA ADR 23,951 23,951
TEMENOS ADR 6,999 6,999
TENCENT HOLDINGS ADR 174,165 174,165
TERADYNE ORD 6,800 6,800
TESCO ADR 29,933 29,933
TESLA ORD 371,937 371,937
TEXAS INSTRUMENTS ORD 56,441 56,441
TEXAS PACIFIC LAND ORD 6,636 6,636
TEXTRON ORD 4,742 4,742
THE AES CORPORATION 2,973 2,973
THERMO FISHER SCIENTIFIC ORD 65,549 65,549
THK ADR REP 1/2 ORD 22,099 22,099
THOMSON REUTERS ORD 48,595 48,595
TJX ORD 44,941 44,941
TOKIO MARINE HOLDINGS ADR REP 87,349 87,349
TOKYO ELECTRON ADR REP 2 ORD 70,206 70,206
TORONTO DOMINION ORD 62,291 62,291
TOTALENERGIES SE 94,830 94,830
TOYOTA MOTOR ADR REP 10 ORD 120,658 120,658
TRACTOR SUPPLY ORD 9,392 9,392
TRANE TECHNOLOGIES ORD 27,332 27,332
TRANSDIGM GROUP ORD 24,078 24,078
TRAVELERS COMPANIES ORD 18,067 18,067
TRIMBLE ORD 5,723 5,723
TRIP COM GROUP ADR REP ORD 63,854 63,854
TRUIST FINANCIAL ORD 19,044 19,044
TURKCELL ILETISIM ADR REP 2.5 47,751 47,751
TYLER TECHNOLOGIES ORD 8,073 8,073
TYSON FOODS CL A ORD 5,399 5,399
UBER TECHNOLOGIES ORD 42,345 42,345
UDR REIT ORD 4,341 4,341
ULTA BEAUTY ORD 6,959 6,959
ULTRAPAR ADR REP 1 ORD 11,546 11,546
UNILEVER ADR REP 1 ORD 119,070 119,070
UNION PACIFIC ORD 45,380 45,380
UNITED AIRLINES HOLDINGS ORD 10,586 10,586
UNITED MICR ELCTRNS ADR REP 5 25,506 25,506
UNITED OVERSEAS BK SINGAPORE 70,409 70,409
UNITED PARCEL SERVICE CL B ORD 30,390 30,390
UNITED RENTAL ORD 15,498 15,498
UNITEDHEALTH GRP ORD 153,276 153,276
UNIVERSAL HEALTH SERVICES CL B 3,409 3,409
US BANCORP ORD 24,585 24,585
UTSTARCOM HOLDINGS ORD 5,863 5,863
VALE ADR REPTG ONE ORD 27,363 27,363
VALERO ENERGY ORD 12,871 12,871
VENTAS REIT ORD 8,067 8,067
VEOLIA ENVIRONNEMENT SPONSORED 24,236 24,236
VERALTO ORD 8,352 8,352
VERISIGN ORD 5,588 5,588
VERISK ANALYTICS ORD 12,945 12,945
VERIZON COMMUNICATIONS ORD 55,506 55,506
VERTEX PHARMACEUTICALS ORD 34,229 34,229
VESTAS WIND SYSTEMS AS ADR 12,390 12,390
VF ORD 0 0
VIATRIS ORD 4,943 4,943
VICI PPTYS ORD 10,194 10,194
VINCI ADR 68,661 68,661
VIPSHOP HOLDGS SPON ADS REP 10,372 10,372
VISA CL A ORD 180,143 180,143
VISTA ENERGY SPON SRS A ADR 25,432 25,432
VISTRA ORD 15,441 15,441
VIVENDI SE UNSPONSORED ADR 8,195 8,195
VOLKSWAGEN A G UNSPONSORED ADR 0 0
VOLKSWAGEN A G UNSPONSORED REP 5,307 5,307
VOLVO ADR 82,472 82,472
VULCAN MATERIALS ORD 11,318 11,318
WABTEC ORD 10,617 10,617
WAL MART DE MEXICO S A B DE C 40,128 40,128
WALGREEN BOOTS ALLIANCE ORD 2,286 2,286
WALMART ORD 129,472 129,472
WALT DISNEY ORD 66,587 66,587
WARNER BROS. DISCOVERY SRS A O 7,843 7,843
WASTE MANAGEMENT ORD 24,215 24,215
WATER DRP ADR RP 10 CL A ORD 4,791 4,791
WATERS ORD 7,049 7,049
WEC ENERGY GROUP ORD 9,874 9,874
WELLS FARGO ORD 77,264 77,264
WELLTOWER ORD 24,576 24,576
WEST PHARM SVC ORD 7,861 7,861
WESTERN DIGITAL ORD 6,857 6,857
WESTROCK ORD 0 0
WEYERHAEUSER REIT 6,700 6,700
WH GROUP ADR 22,854 22,854
WHEATON PRECIOUS METALS ORD 21,934 21,934
WHIRLPOOL ORD 0 0
WILLIAMS ORD 21,702 21,702
WILLIS TOWERS WATSON ORD 10,337 10,337
WIPRO ADR REP 1 ORD 159,406 159,406
WIX.COM ORD 33,255 33,255
WNS HOLDINGS ADR REP 1 ORD 0 0
WOLTERS KLUWER N V ORD ADR 47,873 47,873
WOODSIDE ENERGY GROUP ADR 29,999 29,999
WOORI FINANCIAL GRP ADR REP 3 36,094 36,094
WORKDAY CL A ORD 18,062 18,062
WPP ADR REP 5 ORD 23,387 23,387
WR BERKLEY ORD 5,793 5,793
WUXI BIOLOGICS CAYMAN ADR 10,338 10,338
WW GRAINGER ORD 15,811 15,811
WYNN RESORTS ORD 2,585 2,585
XCEL ENERGY ORD 12,761 12,761
XCHANGE TEC ADR 173 173
XPENG ADR REP 2 ORD 24,645 24,645
XYLEM ORD 9,282 9,282
YALLA GROUP ADR REP CL A ORD 10,556 10,556
YANDEX CL A ORD 0 0
YUM BRANDS ORD 12,343 12,343
YUM CHINA ORD 24,567 24,567
ZEBRA TECHNOLOGIES CL A ORD 6,566 6,566
ZIMMER BIOMET HOLDINGS ORD 6,972 6,972
ZIONS BANCORPORATION ORD 0 0
ZOETIS CL A ORD 24,277 24,277
ZURICH INSURANCE GROUP ADR 82,241 82,241

TY 2024 InvestmentsGovtObligationsSch
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
US Government Securities - End of Year Book Value:

11,289,004
US Government Securities - End of Year Fair Market Value:

11,289,004
State & Local Government Securities - End of Year Book Value:


57,500
State & Local Government Securities - End of Year Fair Market Value:


57,500


TY 2024 InvestmentsOtherSchedule2
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AEA MEZZANINE FUND IV LP FMV 1,479,017 1,479,017
AMXCA 2022-2 A FMV 99,585 99,585
ARGOSY REAL ESTATE PARTNERS IV FMV 2,515,505 2,515,505
ARGOSY REAL ESTATE PARTNERS V FMV 3,779,903 3,779,903
ARI FDS:FLT RT INC I FMV 1,805,294 1,805,294
CMPNH PARA ADR REP UNT FMV 22,000 22,000
COMET 2022-3 A FMV 261,516 261,516
CRVNA 2021-N1 A FMV 8,703 8,703
EMERALD FINANCIAL SERVICES I FMV 2,456,275 2,456,275
EXTERNAL-COMMINGLED FD-PENDING FMV 459,923 459,923
FEDERAL HOME LOAN MORTGAGE COR FMV 0 0
FEDERAL NATIONAL MORTGAGE ASSC FMV 0 0
FH A95160 FMV 188,366 188,366
FH C91361 FMV 165,468 165,468
FH G15290 FMV 74,248 74,248
FH G16189 FMV 88,330 88,330
FH G61646 FMV 81,603 81,603
FH J22899 FMV 57,933 57,933
FH QB2634 FMV 126,938 126,938
FH QB9065 FMV 83,132 83,132
FH QC1946 FMV 62,993 62,993
FH QC3428 FMV 108,972 108,972
FH QC8887 FMV 53,689 53,689
FH QC8888 FMV 53,084 53,084
FH QE3626 FMV 19,571 19,571
FH QE5462 FMV 412,120 412,120
FH QF5342 FMV 503,938 503,938
FH QG6305 FMV 402,866 402,866
FH QN4824 FMV 69,633 69,633
FH RA2471 FMV 58,434 58,434
FH SB0366 FMV 78,860 78,860
FH SD8084 FMV 106,095 106,095
FH SD8106 FMV 123,877 123,877
FH SD8160 FMV 157,336 157,336
FH SD8215 FMV 56,050 56,050
FH SD8238 FMV 1,814,942 1,814,942
FH SD8264 FMV 661,218 661,218
FH SD8276 FMV 138,789 138,789
FH ZA6548 FMV 7,071 7,071
FH ZT1864 FMV 85,343 85,343
FN AL4432 FMV 17,538 17,538
FN BQ2999 FMV 128,040 128,040
FN BQ9287 FMV 103,557 103,557
FN BR3583 FMV 133,744 133,744
FN BR9611 FMV 92,443 92,443
FN BV0272 FMV 52,961 52,961
FN BV9924 FMV 599,394 599,394
FN BW7328 FMV 120,388 120,388
FN CA3507 FMV 104,097 104,097
FN CA6291 FMV 162,570 162,570
FN FM4317 FMV 70,134 70,134
FN FM6042 FMV 107,230 107,230
FN FM6101 FMV 67,820 67,820
FN MA0977 FMV 64,674 64,674
FN MA2077 FMV 133,616 133,616
FN MA3332 FMV 65,270 65,270
FN MA3592 FMV 3,125 3,125
FN MA3638 FMV 17,446 17,446
FN MA3664 FMV 9,312 9,312
FN MA3685 FMV 2,785 2,785
FN MA4867 FMV 97,972 97,972
FN MA4962 FMV 1,319,414 1,319,414
FNA 2023-M5 2A2 FMV 397,470 397,470
FORDO 2021-A A3 FMV 0 0
G2 005228 FMV 40,961 40,961
G2 MA0443 FMV 76,074 76,074
HAROT 2021-1 A3 FMV 0 0
ISHARES:CORE S&P 500 FMV 31,200 31,200
ISHARES:CORE S&P SM-CP FMV 5,925,304 5,925,304
ISHARES:ESG ADV USD BD FMV 8,053,061 8,053,061
MAINSTAY:MK HY CB R6 FMV 1,680,507 1,680,507
MBART 2023-1 A4 FMV 296,689 296,689
PETROLEO BRASILEIRO ADR REPSTG FMV 46,235 46,235
SPDR S&P 500 ETF FMV 14,248,191 14,248,191
SPRNTS 1A2 FMV 34,525 34,525
VANGUARD DEV MKT ETF FMV 3,186,390 3,186,390
VANGUARD EM ST I ETF FMV 1,129,494 1,129,494
VANGUARD TSM IDX ETF FMV 3,137,193 3,137,193
VZMT 2021-1 B FMV 0 0
VZMT 2021-2 C FMV 0 0
VZMT 2022-4 A FMV 81,655 81,655

TY 2024 LegalFeesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 8,952 0 0 8,952


TY 2024 OtherDecreasesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Description Amount
DONATED AND SUPPORTED SERVICES 3,745,188
FEDERAL/DEFERRED EXCISE TAX ASSET CHANGE 86,972


TY 2024 OtherExpensesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LICENSE AND FEES 31,170 0 0 31,170
GOLF OUTING EXPENSE 38,235 0 0 38,235
POSTAGE 1,578 0 0 1,578
EMPLOYEE SERVICE & ACTIVITIES 8,250 0 0 8,250
MISCELLANEOUS 3,163 0 0 0


TY 2024 OtherIncomeSchedule2
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GOLF OUTING INCOME 88,649 0 0
ALTERNATIVE INVESTMENTS 381,927 -279,770 0


TY 2024 OtherIncreasesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Description Amount
UNREALIZED GAINS ON INVESTMENT 6,256,964
DONATED AND SUPPORTED SERVICES 3,745,188


TY 2024 OtherLiabilitiesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED FEDERAL EXCISE TAX 88,153 175,125
FEDERAL EXCISE TAX 64,332 0
PAYABLE FOR SECURITIES 0 2,370


TY 2024 OtherProfessionalFeesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK/INVESTMENT EXPENSE 349,165 349,165 0 0
RESEARCH & PROGRAM EVALUATION 1,342,751 0 0 1,342,751
CONSULTING EXPENSE 29,500 0 0 29,500


TY 2024 TaxesSchedule
Name:
Independence Blue Cross Foundation
EIN:
36-4685801
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX EXPENSE 73,407 0 0 0