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
VRANOS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1532 AFT
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PENNINGTON, NJ08534
A Employer identification number

13-3948273
B Telephone number (see instructions)

(212) 880-9896
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$330,043
J 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) 3,458,592
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 17,539 17,539  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,881,915
b Gross sales price for all assets on line 6a 7,702,614
7 Capital gain net income (from Part IV, line 2)... 2,881,915
8 Net short-term capital gain......... 0
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)....... 59,828    
12 Total. Add lines 1 through 11........ 6,417,874 2,899,454  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... 1,250 0 0 1,250
c Other professional fees (attach schedule).... 4,132 2,479   1,653
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 40,972 572   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 609 609    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 46,963 3,660 0 2,903
25 Contributions, gifts, grants paid....... 4,601,903 4,601,903
26 Total expenses and disbursements. Add lines 24 and 25 4,648,866 3,660 0 4,604,806
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,769,008
b Net investment income (if negative, enter -0-) 2,895,794
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............. 15,207 1 1
2 Savings and temporary cash investments......... 53,971 36,818 36,818
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow250,000
Less: allowance for doubtful accounts right arrow0 250,000 Click to see attachment
List of Attached Documents:
// Content
250,000
250,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 214,439    
c Investments—corporate bonds (attach schedule).......      
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).......... 754,980 Click to see attachment
List of Attached Documents:
// Content
40,542
43,224
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) 1,288,597 327,361 330,043
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,288,597 327,361
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)..... 1,288,597 327,361
30 Total liabilities and net assets/fund balances (see instructions). 1,288,597 327,361
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
1,288,597
2
Enter amount from Part I, line 27a .....................
2
1,769,008
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,057,605
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,730,244
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
327,361
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 1152. BANCO BILBAO VIZCAYA ARGENTARIA S A SPONSORED ADR   2020-05-12 2024-03-13
b 1150. BANCO BILBAO VIZCAYA ARGENTARIA S A SPONSORED ADR   2020-10-06 2024-03-13
c 6815. BERKSHIRE HATHAWAYINC DEL CL B NEW   2012-12-17 2024-01-24
d 522. DISCO CORP SHS ADR   2022-10-04 2024-03-13
e 1600. ISHARES RUSSELL 2500 ETF   2023-01-05 2024-02-02
64. ISHARES RUSSELL 2500 ETF   2023-09-14 2024-02-02
2414. ISHARES RUSSELL 2500 ETF   2024-01-24 2024-02-02
322. ISHARES RUSSELL 2500 ETF   2024-01-24 2024-03-08
274. ISHARES RUSSELL 2500 ETF   2024-01-24 2024-04-08
83. ISHARES RUSSELL 2500 ETF   2024-01-24 2024-05-29
715. ISHARES RUSSELL 2500 ETF   2024-01-24 2024-06-06
108. ISHARES RUSSELL 2500 ETF   2024-01-24 2024-06-14
174. ISHARES RUSSELL 2500 ETF   2024-01-24 2024-08-27
82. ISHARES RUSSELL 2500 ETF   2024-01-24 2024-09-11
37. ISHARES RUSSELL 2500 ETF   2024-01-24 2024-09-12
642. ISHARES RUSSELL 2500 ETF   2024-01-24 2024-09-16
167. ISHARES RUSSELL 2500 ETF   2024-01-24 2024-10-04
159. ISHARES RUSSELL 2500 ETF   2024-01-24 2024-10-31
68. ISHARES RUSSELL 2500 ETF   2024-03-13 2024-10-31
195. ISHARES RUSSELL 2500 ETF   2024-02-27 2024-10-31
180. ISHARES RUSSELL 2500 ETF   2024-03-13 2024-11-21
37. ISHARES RUSSELL 2500 ETF   2024-03-13 2024-12-03
11. ELI LILLY CO   2024-02-07 2024-11-19
88. ELI LILLY CO   2024-02-06 2024-11-19
44. ELI LILLY CO   2023-03-06 2024-11-19
173. ELI LILLY CO   2022-09-06 2024-11-19
770. NOVO-NORDISK A S ADR   2020-01-28 2024-03-13
83. NVIDIA CORP 00   2021-04-12 2024-01-24
40. NVIDIA CORP 00   2021-04-09 2024-01-24
73. NVIDIA CORP 00   2022-10-17 2024-01-24
981. S&P DEPOSITARY RECEIPTS SERIES 1   2023-01-05 2024-02-02
1452. S&P DEPOSITARY RECEIPTS SERIES 1   2024-01-24 2024-02-02
181. S&P DEPOSITARY RECEIPTS SERIES 1   2024-01-24 2024-03-08
172. S&P DEPOSITARY RECEIPTS SERIES 1   2024-01-24 2024-04-08
98. S&P DEPOSITARY RECEIPTS SERIES 1   2024-01-24 2024-05-29
418. S&P DEPOSITARY RECEIPTS SERIES 1   2024-01-24 2024-06-06
95. S&P DEPOSITARY RECEIPTS SERIES 1   2024-01-24 2024-06-14
55. S&P DEPOSITARY RECEIPTS SERIES 1   2024-01-24 2024-08-27
62. S&P DEPOSITARY RECEIPTS SERIES 1   2024-01-24 2024-09-11
20. S&P DEPOSITARY RECEIPTS SERIES 1   2024-01-24 2024-09-12
349. S&P DEPOSITARY RECEIPTS SERIES 1   2024-01-24 2024-09-16
94. S&P DEPOSITARY RECEIPTS SERIES 1   2024-01-24 2024-10-04
36. S&P DEPOSITARY RECEIPTS SERIES 1   2024-03-13 2024-10-31
143. S&P DEPOSITARY RECEIPTS SERIES 1   2024-02-27 2024-10-31
58. S&P DEPOSITARY RECEIPTS SERIES 1   2024-01-24 2024-10-31
101. S&P DEPOSITARY RECEIPTS SERIES 1   2024-03-13 2024-11-21
20. S&P DEPOSITARY RECEIPTS SERIES 1   2024-03-13 2024-12-03
2742. HEALTH CARE SELECT SPDR   2011-09-22 2024-01-24
314. TENARIS S A ADR   2020-10-06 2024-03-13
.5 TOKYO ELECTRON LTD SHS   2020-01-28 2024-03-13
164. TOKYO ELECTRON LTD SHS   2020-03-03 2024-03-13
59.5 TOKYO ELECTRON LTD SHS   2020-03-03 2024-03-13
506. UNICREDITO SPA ADR   2022-08-30 2024-03-13
4572. VANGUARD FTSE DEVELOPED MARKETS ETF   2023-01-05 2024-02-02
7251. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-01-24 2024-02-02
112. VANGUARD FTSE DEVELOPED MARKETS ETF   2023-07-03 2024-02-02
979. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-01-24 2024-03-08
767. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-01-24 2024-04-08
382. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-01-24 2024-05-29
2156. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-01-24 2024-06-06
230. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-01-24 2024-06-14
394. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-01-24 2024-08-27
275. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-01-24 2024-09-11
76. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-01-24 2024-09-12
1822. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-01-24 2024-09-16
463. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-01-24 2024-10-04
126. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-03-13 2024-10-31
707. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-02-27 2024-10-31
359. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-01-24 2024-10-31
535. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-03-13 2024-11-21
115. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-03-13 2024-12-03
3727. VANGUARD FTSE EMERGING MARKETS ETF   2024-01-24 2024-02-02
2396. VANGUARD FTSE EMERGING MARKETS ETF   2023-01-05 2024-02-02
424. VANGUARD FTSE EMERGING MARKETS ETF   2024-01-24 2024-03-08
470. VANGUARD FTSE EMERGING MARKETS ETF   2024-01-24 2024-04-08
293. VANGUARD FTSE EMERGING MARKETS ETF   2024-01-24 2024-05-29
1032. VANGUARD FTSE EMERGING MARKETS ETF   2024-01-24 2024-06-06
214. VANGUARD FTSE EMERGING MARKETS ETF   2024-01-24 2024-06-14
123. VANGUARD FTSE EMERGING MARKETS ETF   2024-01-24 2024-08-27
156. VANGUARD FTSE EMERGING MARKETS ETF   2024-01-24 2024-09-11
43. VANGUARD FTSE EMERGING MARKETS ETF   2024-01-24 2024-09-12
929. VANGUARD FTSE EMERGING MARKETS ETF   2024-01-24 2024-09-16
328. VANGUARD FTSE EMERGING MARKETS ETF   2024-01-24 2024-10-04
190. VANGUARD FTSE EMERGING MARKETS ETF   2024-01-24 2024-10-31
265. VANGUARD FTSE EMERGING MARKETS ETF   2024-02-27 2024-10-31
103. VANGUARD FTSE EMERGING MARKETS ETF   2024-03-13 2024-10-31
254. VANGUARD FTSE EMERGING MARKETS ETF   2024-03-13 2024-11-21
53. VANGUARD FTSE EMERGING MARKETS ETF   2024-03-13 2024-12-03
184. AERCAP HOLDINGS N.V. SHS   2020-04-06 2024-03-13
(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 12,960   3,339 9,621
b 12,938   3,334 9,604
c 2,565,135   613,611 1,951,524
d 17,319   4,104 13,215
e 96,159   84,592 11,567
3,846   3,624 222
145,080   146,651 -1,571
20,611   19,562 1,049
17,574   16,646 928
5,210   5,042 168
44,972   43,436 1,536
6,664   6,561 103
11,612   10,571 1,041
5,225   4,982 243
2,384   2,248 136
42,685   39,002 3,683
11,255   10,145 1,110
10,802   9,659 1,143
4,620   4,360 260
13,248   12,260 988
12,757   11,541 1,216
2,731   2,372 359
7,925   8,033 -108
63,401   61,613 1,788
31,701   14,061 17,640
124,642   53,447 71,195
102,425   23,156 79,269
51,129   12,585 38,544
24,640   5,720 18,920
44,969   8,653 36,316
482,486   371,995 110,491
714,139   708,286 5,853
92,692   88,292 4,400
89,297   83,902 5,395
51,563   47,804 3,759
223,068   203,900 19,168
51,496   46,341 5,155
30,880   26,829 4,051
34,020   30,244 3,776
11,095   9,756 1,339
196,304   170,242 26,062
53,627   45,853 7,774
20,636   18,591 2,045
81,972   72,271 9,701
33,247   28,292 4,955
59,560   52,159 7,401
12,068   10,329 1,739
382,232   111,641 270,591
12,212   3,247 8,965
62   19 43
20,457   5,875 14,582
7,422   2,131 5,291
8,898   2,363 6,535
216,985   193,578 23,407
344,130   342,755 1,375
5,315   5,183 132
48,935   46,277 2,658
38,292   36,256 2,036
19,052   18,057 995
110,222   101,914 8,308
11,374   10,872 502
20,639   18,624 2,015
13,945   12,999 946
3,877   3,593 284
94,568   86,126 8,442
24,105   21,886 2,219
6,296   6,317 -21
35,328   34,494 834
17,939   16,970 969
26,222   26,823 -601
5,814   5,766 48
147,234   149,825 -2,591
94,653   96,008 -1,355
17,708   17,045 663
19,944   18,894 1,050
12,738   11,779 959
44,942   41,486 3,456
9,347   8,603 744
5,516   4,945 571
6,806   6,271 535
1,893   1,729 164
41,409   37,346 4,063
16,024   13,186 2,838
8,822   7,638 1,184
12,304   11,027 1,277
4,782   4,324 458
11,489   10,663 826
2,429   2,225 204
15,484   3,943 11,541
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       9,621
b       9,604
c       1,951,524
d       13,215
e       11,567
      222
      -1,571
      1,049
      928
      168
      1,536
      103
      1,041
      243
      136
      3,683
      1,110
      1,143
      260
      988
      1,216
      359
      -108
      1,788
      17,640
      71,195
      79,269
      38,544
      18,920
      36,316
      110,491
      5,853
      4,400
      5,395
      3,759
      19,168
      5,155
      4,051
      3,776
      1,339
      26,062
      7,774
      2,045
      9,701
      4,955
      7,401
      1,739
      270,591
      8,965
      43
      14,582
      5,291
      6,535
      23,407
      1,375
      132
      2,658
      2,036
      995
      8,308
      502
      2,015
      946
      284
      8,442
      2,219
      -21
      834
      969
      -601
      48
      -2,591
      -1,355
      663
      1,050
      959
      3,456
      744
      571
      535
      164
      4,063
      2,838
      1,184
      1,277
      458
      826
      204
      11,541
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 2,881,915
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 40,252
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 40,252
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 40,252
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 40,400
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,400
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 1
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 10 147
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow147 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowDE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowJAMES LEDLEY Telephone no.right arrow (212) 880-9896

Located atright arrow53 FOREST AVEGREENWICHCT ZIP+4right arrow06870
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JAMES LEDLEY TRUSTEE
0
0    
551 FIFTH AVE 18TH FL
NEW YORK,NY10176
MICHAEL VRANOS TRUSTEE
0
0    
53 FOREST AVE 3RD FL
OLD GREENWICH,CT06870
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right 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
1,221,485
b
Average of monthly cash balances.......................
1b
92,021
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,313,506
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
1,313,506
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
19,703
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,293,803
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
64,690
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
64,690
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
40,252
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
40,252
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
24,438
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
24,438
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
24,438
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
4,604,806
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
4,604,806
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 24,438
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 1,211,220
b From 2020...... 2,609,010
c From 2021...... 3,162,730
d From 2022...... 4,807,740
e From 2023...... 3,774,945
f Total of lines 3a through e ........ 15,565,645
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 4,604,806
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2024 distributable amount..... 24,438
e Remaining amount distributed out of corpus 4,580,368
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 20,146,013
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
1,211,220
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
18,934,793
10 Analysis of line 9:
a Excess from 2020.... 2,609,010
b Excess from 2021.... 3,162,730
c Excess from 2022.... 4,807,740
d Excess from 2023.... 3,774,945
e Excess from 2024.... 4,580,368
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
MICHAEL VRANOS
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

PERUVIAN PAWS ASSOCIATION

CALL ALCANFORES 427
LIMA,MIRAFLORES15074
PE
N/A PC UNRESTRICTED GENERAL 37,000

AFRICA TRANSFORMATIONAL INITIATIVE

11 TOLL GATE RD
LITITZ,PA17543
N/A PC UNRESTRICTED GENERAL 50,000

HARVARD UNIVERSITY

1033 MASSACHUSETTS AVENUE
CAMBRIDGE,MA021385366
N/A PC STEM CELL INSTITUTE 1,715,736

WORCESTER POLYTECHNIC INSTITUTE

100 INSTITUTE ROAD
WORCESTER,MA01609
N/A PC UNRESTRICTED GENERAL 50,000

YALE NEW HAVEN HOSPITAL

PO BOX 1849
NEW HAVEN,CT06508
N/A PC UNRESTRICTED GENERAL 25,000

HOPKINS SCHOOL

986 FOREST ROAD
NEW HAVEN,CT06515
N/A PC UNRESTRICTED GENERAL 100,000

YALE UNIVERSITY

PO BOX 2038
NEW HAVEN,CT06521
N/A PC UNRESTRICTED GENERAL 250,000

CLC OF FAIRFIELD COUNTY

64 PALMERS HILL ROAD
STAMFORD,CT06902
N/A PC UNRESTRICTED GENERAL 25,000

DOMUS

83 LOCKWOOD AVENUE
STAMFORD,CT06902
N/A PC UNRESTRICTED GENERAL 35,000

SAVE THE SOUND

900 CHAPEL STREET
NEW HAVEN,CT06510
N/A PC UNRESTRICTED GENERAL 10,000

PACIFIC HOUSE INC

PO BOX 1252
STAMFORD,CT069041252
N/A PC UNRESTRICTED GENERAL 47,000

HANG TIME

1000 LAFAYETTE BLVD
BRIDGEPORT,CT06604
N/A PC UNRESTRICTED GENERAL 25,000

WOMEN'S MENTORING NETWORK INC

141 FRANKLIN STREET
STAMFORD,CT06901
N/A PC UNRESTRICTED GENERAL 5,000

LEA'S FDN FOR LEUKEMIA RESEARCH INC

522 COTTAGE GROVE ROAD
BLOOMFIELD,CT06002
N/A PC UNRESTRICTED GENERAL 25,000

HEARTSHARE HUMAN SERVICES

330 JAY STREET
BROOKLYN,NY11201
N/A PC UNRESTRICTED GENERAL 5,000

THE METROPOLITAN OPERA

30 LINCOLN CENTER
NEW YORK,NY10023
N/A PC UNRESTRICTED GENERAL 75,000

HOSPITAL FOR SPECIAL SURGERY

535 EAST 70TH STREET
NEW YORK,NY10021
N/A PC UNRESTRICTED GENERAL 138,167

PHILOPTOCHOS SOCIAL SERVICES

126 E 37TH STREET
NEW YORK,NY10016
N/A PC UNRESTRICTED GENERAL 10,000

MEMORIAL SLOAN KETTERING CANCER CENTER

1275 YORK AVENUE
NEW YORK,NY100656007
N/A PC UNRESTRICTED GENERAL 500,000

CASA NYC

121 SIXTH AVENUE
NEW YORK,NY100131510
N/A PC UNRESTRICTED GENERAL 71,000

NY POLICE FIRE WIDOWS CHILDRENS FUND

PO BOX 26837
NEW YORK,NY10019
N/A PC UNRESTRICTED GENERAL 25,000

ROBIN HOOD FOUNDATION

826 BROADWAY
NEW YORK,NY100034826
N/A PC UNRESTRICTED GENERAL 35,000

EAST HARLEM SCHOOL AT EXODUS HOUSE

309 EAST 103RD STREET
NEW YORK,NY10029
N/A PC UNRESTRICTED GENERAL 55,000

VIENNESE OPERA BALL

442 5TH AVENUE
NEW YORK,NY10018
N/A PC UNRESTRICTED GENERAL 10,000

GABRIELLES ANGEL FOUNDATION FOR CANCER

142 W 57TH STREET
NEW YORK,NY100193590
N/A PC UNRESTRICTED GENERAL 65,000

COLUMBIA UNIVERSITY

615 WEST 131 STREET
NEW YORK,NY100277922
N/A PC UNRESTRICTED GENERAL 235,000

IRC - INTERNATIONAL RESCUE COMMITTEE

122 E 42ND STREET
NEW YORK,NY101681299
N/A PC UNRESTRICTED GENERAL 50,000

WORLD CHILDHOOD FOUNDATION

900 THIRD AVENUE
NEW YORK,NY10022
N/A PC UNRESTRICTED GENERAL 35,000

STAMFORD POLICE FOUNDATION

725 BEDFORD STREET
STAMFORD,CT069011102
N/A PC UNRESTRICTED GENERAL 5,000

COMMUNITY FOUNDATION OF NJ

PO BOX 33835
MORRISTOWN,NJ07963
N/A PC UNRESTRICTED GENERAL 50,000

THE OPEN DOOR SHELTER INC

4 MERRITT STREET
NORWALK,CT068543605
N/A PC UNRESTRICTED GENERAL 38,000

ECSA ELLINGTON CMTY SCHOLARSHIP ASSN

PO BOX 54
ELLINGTON,CT060290054
N/A PC UNRESTRICTED GENERAL 20,000

VILLA MARIA ACADEMY

370 OLD LINCOLN HWY
MALVERN,PA193553026
N/A PC UNRESTRICTED GENERAL 15,000

HILDEGARD BEHRENS FOUNDATION

276 RIVERSIDE DRIVE
NEW YORK,NY10025
N/A PC UNRESTRICTED GENERAL 30,000

WORLD MISSION BAPTIST CHURCH

62 S SAN THOMAS AQUINO RD
CAMPBELL,CA950082562
N/A PC UNRESTRICTED GENERAL 8,000

CHICAGO HOPE ACADEMY

2189 WEST BOWLER STREET
CHICAGO,IL606124201
N/A PC UNRESTRICTED GENERAL 100,000

MAYO CLINIC

200 FIRST STREET SW
ROCHESTER,MN559050001
N/A PC UNRESTRICTED GENERAL 250,000

HEDGE FUNDS CARE INC

330 7TH AVENUE STE 2B
NEW YORK,NY100015759
N/A PC UNRESTRICTED GENERAL 75,000

STARELIEF AND PET ASSISTANCE INC

PO BOX 3035
STAMFORD,CT069050035
N/A PC UNRESTRICTED GENERAL 10,000

FOUNDATION FOR FINANCIAL JOURNALISM

3819 PARK AVENUE
WILMINGTON,NC284036720
N/A PC UNRESTRICTED GENERAL 10,000

DUKE UNIVERSITY HEALTH SYSTEM INC

324 BLACKWELL STREET
DURHAM,NC277013659
N/A PC UNRESTRICTED GENERAL 100,000

COVENANT HOUSE NEW ORLEANS

611 NORTH RAMPART STREET
NEW ORLEANS,LA70112
N/A PC UNRESTRICTED GENERAL 5,000

DAILY GIVING INC

222 WESTCHESTER AVENUE
WHITE PLAINS,NY10604
N/A PC UNRESTRICTED GENERAL 5,000

REGENERATIVE SPORTSCARE FOUNDATION INC

377 OAK STREET
GARDEN CITY,NY11530
N/A PC UNRESTRICTED GENERAL 50,000

BIG BROTHERS BIG SISTERS OF FSW

2975 WESTCHESTER AVENUE
PURCHASE,NY105772580
N/A PC UNRESTRICTED GENERAL 10,000

NATIONAL KIDNEY FOUNDATION OF ARIZONA

360 E CORONADO ROAD
PHOENIX,AZ85004
N/A PC UNRESTRICTED GENERAL 5,000

WONDER GIRLS USA INC

27 HEATHER LANE
MAHWAH,NJ074301513
N/A PC UNRESTRICTED GENERAL 5,000

RESTAURANT TRADE ASSOCIATION ALLIANCE

148 MIDDLE BEACH ROAD
MADISON,CT06443
N/A PC UNRESTRICTED GENERAL 2,000

UNIVERSITY OF SOUTHERN CALIFORNIA

3551 TROUSDALE PARKWAY ST
LOS ANGELES,CA90089
N/A PC UNRESTRICTED GENERAL 100,000
Total .................................right arrow 3a 4,601,903
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
         
4 Dividends and interest from securities ....     14 17,539  
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 2,881,915  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aEXCISE TAX REFUND
    1 59,828  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   2,959,282  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,959,282
(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
VRANOS FOUNDATION
 
Employer identification number

13-3948273
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
VRANOS FOUNDATION
 
Employer identification number
13-3948273
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
MICHAEL VRANOS
C/O GRIFFIN ASSET MANAGEMENT
230 PARK AVE 4TH FLOOR
NEW YORK, NY10169

$ 25,512


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
MICHAEL VRANOS
C/O GRIFFIN ASSET MANAGEMENT
230 PARK AVE 4TH FLOOR
NEW YORK, NY10169

$ 17,534


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
3
MICHAEL VRANOS
C/O GRIFFIN ASSET MANAGEMENT
230 PARK AVE 4TH FLOOR
NEW YORK, NY10169

$ 2,522,129


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
4
MICHAEL VRANOS
C/0 GRIFFIN ASSET MANAGEMENT
230 PARK AVE 4TH FLOOR
NEW YORK, NY10169

$ 228,319


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
5
MICHAEL VRANOS
C/O GRIFFIN ASSET MANAGEMENT
230 PARK AVE 4TH FLOOR
NEW YORK, NY10169

$ 102,637


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
6
MICHAEL VRANOS
C/O GRIFFIN ASSET MANAGEMENT
230 PARK AVE 4TH FLOOR
NEW YORK, NY10169

$ 116,133


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
VRANOS FOUNDATION
 
Employer identification number
13-3948273
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
MICHAEL VRANOS
C/O GRIFFIN ASSET MANAGEMENT
230 PARK AVE 4TH FLOOR
NEW YORK, NY10169

$ 382,543


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
8
MICHAEL VRANOS
C/O GRIFFIN ASSET MANAGEMENT
230 PARK AVE 4TH FLOOR
NEW YORK, NY10169

$ 11,977


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
9
MICHAEL VRANOS
C/O GRIFFIN ASSET MANAGEMENT
230 PARK AVE 4TH FLOOR
NEW YORK, NY10169

$ 27,986


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
10
MICHAEL VRANOS
C/O GRIFFIN ASSET MANAGEMENT
230 PARK AVE 4TH FLOOR
NEW YORK, NY10169

$ 8,670


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
11
MICHAEL VRANOS
C/O GRIFFIN ASSET MANAGEMENT
230 PARK AVE 4TH FLOOR
NEW YORK, NY10169

$ 15,152


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

$  


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

13-3948273
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
2302 SHS BANCO BILBAO VIZCAYA $ 25,512 2024-03-12
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
2
522 SHS DISCO CORP $ 17,534 2024-03-12
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
3
6815 SHS BERKSHIRE HATHAWAY $ 2,522,129 2024-01-23
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
4
316 SHS ELI LILLY $ 228,319 2024-11-18
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
5
770 SHS NOVO-NORDISK $ 102,637 2024-03-12
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
6
196 SHS NVIDIA $ 116,133 2024-01-23
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
VRANOS FOUNDATION
 
Employer identification number

13-3948273
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
7
2742 SHS HEALTH CARE SELECT $ 382,543 2024-01-23
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
8
314 SHS TENARIS S A $ 11,977 2024-03-14
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
9
224 SHS TOKYO ELECTRON $ 27,986 2024-03-12
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
10
506 SHS UNICREDITO SPA $ 8,670 2024-03-12
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
11
184 SHS AERCAP HOLDINGS $ 15,152 2024-03-12
(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
VRANOS FOUNDATION
 
Employer identification number

13-3948273
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:
VRANOS FOUNDATION
EIN:
13-3948273
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE 1,250     1,250

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

TY 2024 ExpenditureResponsibilityStmt
Name:
VRANOS FOUNDATION
EIN:
13-3948273
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
PERUVIAN PAWS ASSOC
 
JIRON STA LEONOR 6438
  LIMA15074
PE
2024-12-01 19,750 VETERINARIAN FEES, FOOD, TRANSPORTATION, CONSTRUCTION 19,750   10/6/2025    
HILDEGARDE BEHRENS FDN
 
276 RIVERSIDE DR STE 12F
NEW YORK,NY10025
2024-10-09 30,000 LINDERMANN YOUNG ARTIST DEVELOPMENT PROGRAM 30,000   10/7/2025    
AFRICAN TRANSFORMATIONAL INITIATIVE
 
11 TOLL GATE RD
LITITZ,PA17543
2024-10-04 50,000 Multi-Agency Collaboration Training to combat transnational wildlife and forest crimes in Africa 50,000   10/11/2025    

TY 2024 InvestmentsCorpStockSchedule
Name:
VRANOS FOUNDATION
EIN:
13-3948273
Name of Stock End of Year Book Value End of Year Fair Market Value
CLASS A SHARES PREFERRED    

TY 2024 InvestmentsOtherSchedule2
Name:
VRANOS FOUNDATION
EIN:
13-3948273
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
78462F103 SPDR S&P 500 ETF TRU AT COST 20,141 22,857
46435G268 ISHARES RUSSELL 2500 AT COST 4,360 4,624
921943858 VANGUARD FTSE DEVELO AT COST 11,381 10,855
922042858 VANGUARD INTL EQTY I AT COST 4,660 4,888

TY 2024 OtherDecreasesSchedule
Name:
VRANOS FOUNDATION
EIN:
13-3948273
Description Amount
ADJ MARKET VALUE TO TAX COST 2,426,886
TAX COST ADJ 303,358


TY 2024 OtherExpensesSchedule
Name:
VRANOS FOUNDATION
EIN:
13-3948273
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER INVESTMENT FEE 609 609   0


TY 2024 OtherIncomeSchedule2
Name:
VRANOS FOUNDATION
EIN:
13-3948273
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
EXCISE TAX REFUND 59,828 0  


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

TY 2024 OtherNotesLoansRcvblLongSch
Name:
VRANOS FOUNDATION
EIN:
13-3948273

Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
CHICAGO HOPE ACADEMY NONE 250,000 250,000       0 %        

TY 2024 OtherProfessionalFeesSchedule
Name:
VRANOS FOUNDATION
EIN:
13-3948273
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED 4,132 2,479   1,653


TY 2024 TaxesSchedule
Name:
VRANOS FOUNDATION
EIN:
13-3948273
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 363 363   0
EXCISE TAX ESTIMATES 40,400 0   0
FOREIGN TAXES ON NONQUALIFIED 209 209   0