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
NATIONAL GRID FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)175 EAST OLD COUNTRY ROAD
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HICKSVILLE, NY11801
A Employer identification number

11-3466416
B Telephone number (see instructions)

(516) 545-6100
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$37,959,519
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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,364,572 1,542,956  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 674,779
b Gross sales price for all assets on line 6a 9,742,154
7 Capital gain net income (from Part IV, line 2)... 674,779
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)....... 74,251 0 0
12 Total. Add lines 1 through 11........ 2,113,602 2,217,735 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 47,133 0 0 47,133
c Other professional fees (attach schedule)....   178,384    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 28,347 0 0 750
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 3,740 0 0 3,740
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 27,639 0 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 106,859 178,384 0 51,623
25 Contributions, gifts, grants paid....... 5,439,800 5,439,800
26 Total expenses and disbursements. Add lines 24 and 25 5,546,659 178,384 0 5,491,423
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,433,057
b Net investment income (if negative, enter -0-) 2,039,351
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............. 20,000 18,210 18,210
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 38,271,659 Click to see attachment
List of Attached Documents:
// Content
37,252,757
37,252,757
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
412,681
Click to see attachment
List of Attached Documents:
// Content
688,552
Click to see attachment
List of Attached Documents:
// Content
688,552
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 38,704,340 37,959,519 37,959,519
Liabilities 17 Accounts payable and accrued expenses.......... 45,948 49,007
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
142,775
Click to see attachment
List of Attached Documents:
// Content
68,524
23 Total liabilities (add lines 17 through 22)......... 188,723 117,531
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........... 38,515,617 37,841,988
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)..... 38,515,617 37,841,988
30 Total liabilities and net assets/fund balances (see instructions). 38,704,340 37,959,519
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
38,515,617
2
Enter amount from Part I, line 27a .....................
2
-3,433,057
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,759,428
4
Add lines 1, 2, and 3 ..........................
4
37,841,988
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
37,841,988
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 REALIZED GAINS FROM MUTUAL FUND INVESTMENTS      
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9,742,154   9,067,375 674,779
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       674,779
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 674,779
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 0
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 28,347
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 28,347
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 28,347
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 33,920
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 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 33,920
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 5,573
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow5,573 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
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 arrowHTTP://NATIONALGRIDFOUNDATION.COM
14
The books are in care ofright arrowNATIONAL GRID FOUNDATION Telephone no.right arrow (516) 545-6100

Located atright arrow175 EAST OLD COUNTRY ROADHICKSVILLENY ZIP+4right arrow11801
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
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
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
EILEEN R COHEN CHAIR
1.30
0 0 0
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
REV DR GARY V SIMPSON VICE-CHAIR
1.30
0 0 0
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
CARMEN FIELDS VICE-CHAIR
1.30
0 0 1,637
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
DON LOWERY TREASURER
0.35
0 0 0
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
EBONE M CARRINGTON BOARD MEMBER
0.35
0 0 0
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
CALVIN L CORRIDERS BOARD MEMBER
0.35
0 0 2,103
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
HON LOUIS ELISA II BOARD MEMBER
0.35
0 0 0
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
MELANIE LITTLEJOHN BOARD MEMBER
0.35
0 0 0
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
LORRAINE LYNCH BOARD MEMBER
0.35
0 0 0
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
AARON CHOO BOARD MEMBER
0.35
0 0 0
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
CAROLINE HON BOARD MEMBER
0.35
0 0 0
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
STEPHEN ZELKOWITZ BOARD MEMBER
0.35
0 0 0
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
STEPHEN J WOERNER BOARD MEMBER
0.35
0 0 0
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
MARCY L REED BOARD MEMBER UNTIL JAN. 2024
0.35
0 0 0
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
ROBERT SIMMONS EXECUTIVE DIRECTOR
40.00
0 0 0
175 EAST OLD COUNTRY ROAD
HICKSVILLE,NY11801
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
JP MORGAN INVESTMENT MANAGEMENT SERVICES 178,384
390 MADISON AVENUE
NEW YORK,NY10017
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
40,334,573
b
Average of monthly cash balances.......................
1b
8,122
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
40,342,695
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
40,342,695
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
605,140
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
39,737,555
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,986,878
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
1,986,878
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
28,347
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
28,347
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,958,531
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,958,531
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
1,958,531
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
5,491,423
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
5,491,423
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 1,958,531
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...... 172,680
b From 2020...... 1,598,004
c From 2021...... 1,310,020
d From 2022...... 1,093,970
e From 2023...... 1,632,892
f Total of lines 3a through e ........ 5,807,566
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 5,491,423
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..... 1,958,531
e Remaining amount distributed out of corpus 3,532,892
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 9,340,458
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) ...
172,680
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
9,167,778
10 Analysis of line 9:
a Excess from 2020.... 1,598,004
b Excess from 2021.... 1,310,020
c Excess from 2022.... 1,093,970
d Excess from 2023.... 1,632,892
e Excess from 2024.... 3,532,892
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
EILEEN R COHEN CHAIR
175 OLD COUNTRY RD
HICKSVILLE,NY11801
(516) 545-6100
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS ARE ACCEPTED THROUGH THE ON-LINE APPLICATION SYSTEM ENTITLED CYBERGRANTS.
cAny submission deadlines:
THROUGH OCTOBER 31 OF ANY GIVEN YEAR, HOWEVER, AT TIMES, THE DEADLINE IS EXTENDED
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE NATIONAL GRID FOUNDATION GENERALLY PROVIDES GRANTS TO SUPPORT ORGANIZATIONS THAT ENGAGE IN ENVIRONMENTAL AND EDUCATIONAL PROGRAMMING AS WELL AS EMERGENCY FUEL NEUTRAL HEATING FUNDS WITHIN ITS GRANT MAKING TERRITORY ACROSS THE NORTHEAST. ON OCCASION, THE BOARD OF DIRECTORS MAY CHOOSE TO SUPPORT ORGANIZATIONS AND EFFORTS THAT FALL OUTSIDE THESE PARAMETERS
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

ACCESS JUSTICE BROOKLYN

44 COURT STREET
BROOKLYN,NY11201
  PC NATIONAL GRID FOUNDATION SENIOR LEAP PROJECT 20,000

BARUCH COLLEGEBARUCH COLLEGE FUND

ONE BERNARD BARUCH WAY
NEW YORK,NY10010
  PC IMPROVING VULNERABLE STUDENT OUTCOMES - SEEK PROGRAM 25,000

BEAM CENTER

60 SACKETT STREET
BROOKLYN,NY112311412
  PC SKILLCETT (SKILLS IN CRAFT EDUCATION AND TECHNICAL TRAINING) 20,000

BOYS & GIRLS CLUB OF METRO WEST

169 PLEASANT STREET
MARLBOROUGH,MA017521184
  PC CLEAN ENERGY LEADERS OF THE FUTURE 20,000

BOYS & GIRLS CLUB OF WAKEFIELD - STONEHAM

15 DALE COURT
STONEHAM,MA021801813
  PC ENVIRONMENTAL EDUCATION PROGRAM 21,000

BOSTON CHINATOWN NEIGHBORHOOD CENTER

38 ASH STREET
BOSTON,MA02111
  PC ADULT EDUCATION AND WORKFORCE INITIATIVES 15,000

BOSTON PUBLIC LIBRARY FUND

700 BOYLSTON STREET
BOSTON,MA021162813
  PC ENGLISH AS A SECOND LANGUAGE 20,000

BROOKLYN PUBLIC LIBRARY

10 GRAND ARMY PLAZA
BROOKLYN,NY11238
  PC 2024 SUMMER READING PROGRAM INCLUDING STORYTEEN 70,000

BUFFALO ARTS AND TECHNOLOGY CENTER

1221 MAIN STREET
BUFFALO,NY142092150
  PC WORKFORCE DEVELOPMENT PROGRAM PATHWAYS TO ECONOMIC STABILITY 30,000

CATHOLIC CHARITIES OF THE DIOCESE OF ALBANY

40 N MAIN AVENUE
ALBANY,NY12203
  PC 2022-2023 EMERGENCY ENERGY ASSISTANCE SERVICES 300,000

CEC STUYVESANT COVE INC DBA SOLAR ONE

PO BOX 1247
NEW YORK,NY10113
  PC GREEN DESIGN LAB 35,000

CITY GROWERS

63 FLUSHING AVE
BROOKLYN,NY11210
  PC BKLYN BEE CORP ENVIRONMENTAL WORKFORCE DEVELOPMENT 15,000

COLD SPRING HARBOR LABORATORY

1 BUNGTOWN ROAD
COLD SPRING HARBOR,NY117240100
  PC DOLAN DNA LEARNING CENTER - NGF ADV GENETICS PROGRAM 22,000

CHANGE IS SIMPLE

8 ENON STREET
BEVERLY,MA01915
  PC STEM - EQUITY EDUCATION FOR PUBLIC SCHOOLS 25,000

CITIZENS COMMITTEE FOR NYC

77 WATER STREET SUITE 202
NEW YORK,NY10005
  PC ALL IN THE NEIGHBORHOOD GRANTS 50,000

CITIZENS SCHOOLS

1 BEACON ST FLOOR 2
BOSTON,MA02108
  PC EXPANDING STEM LEARNING OPPORTUNITIES 30,000

COLLEGE BOUND DORCHESTER

222 BOWDOIN STREET
DORCHESTER,MA02122
  PC BOSTON UNCORNERED 20,000

COMMUNITY WORKSHOPS INC

174 PORTLAND STREET 2
BOSTON,MA10004
  PC JOB READINESS & APEX TECHNICAL SCHOOL SOLAR TECHNICIAN TRAINING PROGRAMS 20,000

CORO NY LEADERSHIP CENTER

42 BROADWAY SUITE 1827
NEW YORK,NY10004
  PC DEMOCRACY SCHOOL 2100 FOR NYC STUDENT 10,000

COURAGEOUS SAILING CENTER FOR YOUTH INC

197 8TH STREET
CHARLESTOWN,MA02129
  PC REACH INITIATIVE SUMMER AND SCHOOL-YEAR PROGRAMS 25,000

CRISTO REY BROOKLYN HIGH SCHOOL

710 EAST 37 STREET
BROOKLYN,NY11203
  PC 2024 NATIONAL GRID FOUNDATION SUMMER TRAINING PROGRAM 40,000

DISCOVERY MUSEUM INC

177 MAIN STREET
ACTON,MA017203616
  PC DISCOVERY SCIENCE LOWELL AND LAWRENCE 20,000

DRESS FOR SUCCESS WORCESTER INC

120 STAFFORD STREET
WORCESTER,MA01603
  PC BEYOND THE SUIT EDUCATING FOR THE WORKFORCE SUCCESS 15,000

EARTHWATCH INSTITUTE

1380 SOLDIERS FIELD ROAD SUITE 2700
BOSTON,MA02135
  PC TEACH EARTH - PREPARING BOSTONS TEACHERS TO THRIVE IN SCIENCE & ENVIRONMENTAL EDUCATION 30,000

FIVER CHILDREN'S FOUNDATION

519 8TH AVENUE 24TH FLOOR
NEW YORK,NY10018
  PC CAMP FIVER ENVIRONMENTAL EDUCATION PROGRAM WITH CAMP FOR NYC POLICE FOUNDATION 7,500

FREEDOM HOUSE INC

5 CRAWFORD STREET
DORCHESTER,MA02121
  PC PREPARING URBAN STUDENTS FOR SUCCESS IN HIGHER EDUCATION PUSH 30,000

FRESHKILLS PARK ALLIANCEINC

PO BOX 719
NEW YORK,NY10272
  PC STEM - EDUCATION PROGRAM K12 10,000

FRIENDS OF THE CHILDREN OF BOSTON

555 AMORY STREET
JAMAICA PLAIN,MA02130
  PC ACHIEVERS PROGRAM: LONG TERM MENTORING FOR HIGHEST RISK YOUTH AND 2 GEN EXPANSION 25,000

GLOUCESTER MARINE GENOMICS INSTITUTE

417 MAIN STREET
GLOUCESTER,MA01930
  PC GLOUCESTER BIOTECHNOLOGY ACADEMY A BEACON OF OPPORTUNITY 20,000

GREAT SOUTH BAY YMCA

200 WEST MAIN STREET
BAY SHORE,NY11706
  PC AFTER SCHOOL TUTORING PROGRAM 20,000

GRASSROOTS GARDENS OF WESTERN NEW YORK

384 BROADWAY
BUFFALO,NY14204
  PC COMMUNITY AND SCHOOL GARDEN PROGRAM 25,000

HARLEM EDUCATION ACTIVITIES FUND (HEAF)

2090 ADAM CLAYTON POWELL JR BLVD 10
FLOOR
NEW YORK,NY10027
  PC HEAF @ BROOKLYN COLLEGE 20,000

HELEN KELLER SERVICES

180 LIVINGSTON STREET
BROOKLYN,NY11201
  PC BROOKLYN CHILDRENS LEARNING CENTER 30,000

HOMELESS PREVENTION COUNCIL

14 OLD TOTE RD
ORLEANS,MA026533210
  PC HOMELESS PREVENTION COUNCIL REACH PROJECT 15,000

JUSTICE RESOURCE INSTITUTE INC DBA STRIVE BOSTON

651 WASHINGTON STREET
DORCHESTER CENTER,MA02124
  PC STRIVE BOSTON: START PROGRAM 2022 15,000

LA COLLABORATIVE (CHELSEA COLLABORATIVE)

318 BROADWAY
CHELSEA,MA02150
  PC WORKFORCE DEVELOPMENT PROGRAM 25,000

LATINO STEM ALLIANCE INC

20 MORAINE STREET
BOSTON,MA02130
  PC EXPANDED LSA ROBOTICS PROGRAMS 25,000

LITERACY VOLUNTEERS OF GREATER WORCESTER

3 SALEM SQUARE ROOM 332
WORCESTER,MA016082015
  PC LITERACY ACADEMY ESOL FOR CAREER READINESS 5,000

LONG ISLAND PINE BARRENS

2042 N COUNTRY ROAD SUITE 103
WADING RIVER,NY11792
  PC MIDDLE SCHOOL KIDS GO TO SCHOOL 30,000

MADISON SQUARE BOYS AND GIRLS CLUB

733 THIRD AVENUE FLOOR 2
NEW YORK,NY10017
  PC EXPLORER'S ACADEMY FOR YOUTH AGES 6-9 12,000

MERCY WORKS INC

1221 SOUTH SALINA STREET
SYRACUSE,NY13202
  PC SYNERGY LEADERSHIP TRAINING INTERNSHIP PROGRAM 25,000

MOLLOY COLLEGE

1000 HEMPSTEAD TURNPIKE
ROCKVILLE CENTRE,NY11571
  PC NATIONAL GRID FOUNDATION TEACHING GREEN INSTITUTE 2023 27,000

MYSTIC VALLEY MALDEN YMCA

99 DARTMOUTH STREET
MALDEN,MA02148
  PC MALDEN AND MEDFORD AFTER SCHOOL PROGRAMS 10,000

NEW ENGLAND CENTER FOR THE ARTS NECAT

23 BRADSTON STREET
BOSTON,MA02118
  PC CULINARY ARTS JOB TRAINING PROGRAM 10,000

NEW GROUND

70 ACORN LANE
LEVITTOWN,NY11756
  PC EDUCATIONAL ASSISTANCE PROGRAM 8,500

NYPD FOUNDATION

555 5TH AVENUE 15TH FLOOR
NEW YORK,NY10017
  PC NEIGHBORHOOD COORDINATION SCHOOL INITIATIVE/NGF SCHOLARSHIP 32,000

ON-POINT FOR COLLEGE

1654 WEST ONONDAGA STREET
SYRACUSE,NY13204
  PC NGF SUMMER 2024 PRE-COLLEGE ORIENTATION PROGRAM 35,000

PINE STREET INN

444 HARRISON AVENUE
BOSTON,MA02118
  PC WORKFORCE DEVELOPMENT PATHWAY TO STABILITY AND INDEPENDENCE 15,000

REBUILDING TOGETHER NYC

126 10TH STREET A
BROOKLYN,NY11215
  PC RE-SKILLING UNEMPLOYED WORKERS FOR CAREERS IN CONSTRUCTION 15,000

RESILIENT CODERS INC

1 BROADWAY STREET
CAMBRIDGE,MA02142
  PC RESILIENT CODERS BOSTON BOOTCAMP 20,000

RUTH'S HOUSE INC

111 LAFAYETTE SQUARE
HAVERHILL,MA01832
  PC JOB TRAINING 15,000

SAVE THE HARBOR SAVE THE BAY

212 NORTHERN AVENUE SUITE 304 WEST
BOSTON,MA02210
  PC YOUTH ENVIRONMENTAL EDUCATION PROGRAMS 10,000

SAY YES BUFFALO

1166 JEFFERSON AVENUE SUITE A
BUFFALO,NY14208
  PC SAY YES BUFFALO SUMMER CAMP TO PREVENT LEARNING LOSS 20,000

SCHOOL ON WHEELS

100 LAUREL STREET SUITE 121 EAST
BRIDGEWATER,MA02333
  PC BRIDGE PROGRAM FOR HOMELESS STUDENTS 15,000

SEVEN HILLS ASPIRE

81 HOPE AVENUE
WORCESTER,MA01603
  PC ASPIRE! WORKFORCE READINESS AND EMPLOYMENT PROGRAM 30,000

SOCIAL ENTERPRISE AND TRAINING (SEAT) CENTER

131 STATE STREET
SCHENECTADY,NY12305
  PC CULINARY LAB 25,000

STATEN ISLAND CHILDREN'S MUSEUM

1000 RICHMOND TERRACE
STATEN ISLAND,NY10301
  PC SICM HAS STEAM 15,000

STEPS TO SUCCESS INC

12 CLARK ROAD
BROOKLINE VILLAGE,MA02447
  PC STEM EXTENDED LEARNING PROGRAM (AFTER SCHOOL PROGRAM) 10,000

ST FRANCIS COLLEGE

180 REMSEN STREET
BROOKLYN,NY11201
  PC PROJECT ACCESS CSTEP BRIDGE PROGRAM 35,000

SUFFOLK COUNTY VANDERBILT MUSEUM

180 LITTLE NECK ROAD
CENTERPORT,NY117210605
  PC 2021-2022 EXPLORING THE UNIVERSE: TRAVELING ASTRONOMY PROGRAM 25,000

TECH KIDS UNLIMITED

NYU TANDON SCHOOL OF ENGINEERING-
MAGNET
BROOKLYN,NY11201
  PC TKU CAREER LADDER: WORK BASED LEARNING PROGRAMS FOR NEURODIVERSE TEENS 15,000

THE CAMPAIGN AGAINST HUNGER

2010 FULTON STREET
BROOKLYN,NY11233
  PC GREENTEEN INTERNSHIP PROGRAM ADVANCING YOUTH EMPLOYMENT AND FOOD EQUITY 85,000

THE CENTER OF BROOKLYN HISTORY

128 PIERREPONT STREET
BROOKLYN,NY11201
  PC BROOKLYN CONNECTIONS 20,000

THE ECONOMIC DEVELOPMENT GROUP DBA NORTHLAND WORKFORCE TRAINING CENTER

683 NORTHLAND AVENUE
BUFFALO,NY14211
  PC NORTHLAND WORKFORCE TRAINING MATH LAB 30,000

THE BOOK FAIRIES

70 NORTH MAIN STREET
FREEPORT,NY11520
  PC GIFT OF LITERACY CHILDRENS PROGRAMMING 15,000

THE HOPE PROGRAM

ONE SMITH SREET 4TH FLOOR
BROOKLYN,NY11201
  PC DIGITAL LITERACY TRAINING FOR LOW-INCOME JOBSEEKERS 25,000

REBUILDING TOGETHER NYC

126 10TH STREET A
BROOKLYN,NY11215
  PC EXCELLING IN MATH: YPP IN GREATER BOSTON 27,500

TRUSTEES OF PHILLIPS ACADEMY

180 MAIN STREET
ANDOVER,MA01810
  PC (MS)2 MATHEMATICS AND SCIENCE EDUCATION FOR MINORITY STUDENTS 40,000

UNITED WAY OF LONG ISLAND

819 GRAND BOULEVARD
DEER PARK,NY11729
  PC 2024-2025 PROJECT WARMTH 350,000

UNITED WAY OF MASSACHUSETTS BAY

245 SUMMER STREET
BOSTON,MA02210
  PC THE FAMILY FUND - EMERGENCY HEATING ASSISTANCE 300,000

UTEC

PO BOX 7066
LOWELL,MA018521718
  PC EXPANDING EDUCATION AND SKILLS TRAINING FOR JUSTICE-INVOLVED YOUNG ADULTS 10,000

VIA

1170 MAIN ST
BUFFALO,NY142092380
  PC SCHOLARSHIPS FOR VOCATIONAL TRAINING FOR THE BLIND 20,000

WADE INSTITUTE OF SCIENCE EDUCATION

1354 HANCOCK STREET SUITE 302
QUINCY,MA021695109
  PC PROFESSIONAL DEVELOPMENT LEARNING FOR K12 EDUCATORS: PROFESSIONAL DEVELOPMENT INSTITUTES AND FOCUS WORKSHOPS 30,000

WALTHAM BOYS & GIRLS CLUB

20 EXCHANGE STREET
WALTHAM,MA02451
  PC PROJECT STEM OUT OF SCHOOL TIME ENRICHMENT PROGRAM 15,000

WRITEBOSTON

555 AMORY STREET SUITE 3R
JAMAICA PLAIN,MA02130
  PC TEENS IN PRINT, INITIATING THE NEWSROOM 15,000

WVI DOLPHIN FOUNDATION

1483 YORK AVENUE
NEW YORK,NY10075
  PC LEADERSHIP AND LIFE SKILLS MENTORSHIP PROGRAM 20,000

YEAR UP INC

45 MILK STREET 9TH FLOOR
BOSTON,MA02109
  PC BOSTON'S ROXBURY COMMUNITY COLLEGE AND BE MASS COMPETITIVE PROGRAMS 40,000

YMCA OF CENTRAL MASSACHUSETTS

766 MAIN STREET
WORCESTER,MA016103161
  PC MINORITY ACHIEVERS PROGRAM 25,000

YMCA OF GREATER BOSTON

316 HUNTINGTON AVENUE
BOSTON,MA02115
  PC YMCA ACHIEVERS PROGRAM COLLEGE FOCUS 20,000

YMCA OF GREATER NEW YORK

5 WEST 63RD STREET 6TH FLOOR
NEW YORK,NY10023
  PC THE ROWE SCHOLARS PROGRAM 35,000

YOUTHBUILD BOSTON

27 CENTER STREET
ROXBURY,MA021192767
  PC YOUTHBUILD BOSTON'S WORKFORCE DEVELOPMENT PROGRAMS 20,000

ZEPHYR EDUCATION FOUNDATION

54 WIDGEON ROAD
FALMOUTH,MA02540
  PC ON THE WATER MARINE SCIENCE/TECH PROGRAM 9,800

CATHOLIC CHARITIES OF THE DIOCESE OF ALBANY

40 N MAIN AVENUE
ALBANY,NY12203
  PC HEATING FUND GRANT CELEBRATING NGF 25TH ANNIVERSARY 200,000

UNITED WAY OF MASSACHUSETTS BAY

245 SUMMER STREET
BOSTON,MA02210
  PC HEATING FUND GRANT CELEBRATING NGF 25TH ANNIVERSARY 200,000

UNITED WAY OF LONG ISLAND

819 GRAND BOULEVARD
DEER PARK,NY11729
  PC HEATING FUND GRANT CELEBRATING NGF 25TH ANNIVERSARY 150,000

CATHOLIC CHARITIES OF THE DIOCESE OF ALBANY

40 N MAIN AVENUE
ALBANY,NY12203
  PC SPECIAL EMERGENCY HEATING FUND GRANT 250,000

UNITED WAY OF LONG ISLAND

819 GRAND BOULEVARD
DEER PARK,NY11729
  PC SPECIAL EMERGENCY HEATING FUND GRANT 250,000

CATHOLIC CHARITIES OF STATEN ISLAND

6581 HYLAN BLVD
STATEN ISLAND,NY10309
  PC SPECIAL EMERGENCY HEATING FUND GRANT 250,000

CATHOLIC CHARITIES OF BROOKLYN QUEENS

191 JORALEMON STREET
BROOKLYN,NY11201
  PC SPECIAL EMERGENCY HEATING FUND GRANT 250,000

BROOKLYN ORG

80 HANSON PLACE 5TH FLOOR
BROOKLYN,NY11217
  PC SPECIAL EMERGENCY HEATING FUND GRANT 112,500

UNITED WAY OF MASSACHUSETTS BAY

245 SUMMER STREET
BOSTON,MA02210
  PC SPECIAL EMERGENCY HEATING FUND GRANT 1,000,000
Total .................................right arrow 3a 5,439,800
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
         
4 Dividends and interest from securities ....     14 1,364,572  
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 .....     01 74,251  
8 Gain or (loss) from sales of assets other than
inventory ............
    18 674,779  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,113,602 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,113,602
(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.
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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-
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PTIN
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Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
NATIONAL GRID FOUNDATION
EIN:
11-3466416
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 47,133 0 0 47,133

TY 2024 InvestmentsOtherSchedule2
Name:
NATIONAL GRID FOUNDATION
EIN:
11-3466416
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MUTUAL FUNDS FMV 37,252,757 37,252,757

TY 2024 OtherAssetsSchedule
Name:
NATIONAL GRID FOUNDATION
EIN:
11-3466416
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INTEREST RECEIVABLE 378,762 682,979 682,979
CURRENT EXCISE TAX ASSET 33,919 5,573 5,573


TY 2024 OtherExpensesSchedule
Name:
NATIONAL GRID FOUNDATION
EIN:
11-3466416
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSES 27,639 0 0 0


TY 2024 OtherIncomeSchedule2
Name:
NATIONAL GRID FOUNDATION
EIN:
11-3466416
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
DEFERRED TAX BENEFITS 74,251 0 0


TY 2024 OtherIncreasesSchedule
Name:
NATIONAL GRID FOUNDATION
EIN:
11-3466416
Description Amount
UNREALIZED GAINS 2,759,428


TY 2024 OtherLiabilitiesSchedule
Name:
NATIONAL GRID FOUNDATION
EIN:
11-3466416
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAX 142,775 68,524


TY 2024 TaxesSchedule
Name:
NATIONAL GRID FOUNDATION
EIN:
11-3466416
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX EXPENSES - NYS CHARITY BUREAU 0 0 0 750
FEDERAL EXCISE TAX 28,347 0 0 0