TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024

Name of foundation
THE OSTERMAN FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)ONE MEMORIAL SQUARE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WHITINSVILLE, MA01588

A Employer identification number

46-1534293

B Telephone number (see instructions)

(339) 204-9210

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$6,644,499J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	2,000
2	Check .............
3	Interest on savings and temporary cash investments	26,109		26,109
4	Dividends and interest from securities...	152,271		152,271
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		330,104
b	Gross sales price for all assets on line 6a 3,965,141
7	Capital gain net income (from Part IV, line 2)...			330,319
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).......	List of Attached Documents: // Content	433	433
12	Total. Add lines 1 through 11........	510,917		509,132
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	10,150	5,075	5,075
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	13,884	13,884	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	2,095	0	70
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	201	0	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	26,330		18,959	5,145
25	Contributions, gifts, grants paid.......	350,000			350,000
26	Total expenses and disbursements. Add lines 24 and 25	376,330		18,959	355,145
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	134,587
b	Net investment income (if negative, enter -0-)			490,173
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2024)

Form 990-PF (2024)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	333,974	373,956	373,956
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......	4,076,043	List of Attached Documents: // Content 4,717,471	4,717,471
	c	Investments—corporate bonds (attach schedule).......	1,324,120	List of Attached Documents: // Content 1,319,733	1,319,733
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	242,065	List of Attached Documents: // Content 233,339	233,339
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	5,976,202	6,644,499	6,644,499
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................	300,000	350,000
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	List of Attached Documents: // Content 5,613	List of Attached Documents: // Content 5,736
	23	Total liabilities (add lines 17 through 22).........	305,613	355,736
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	5,670,589	6,288,763
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		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).....	5,670,589	6,288,763
	30	Total liabilities and net assets/fund balances (see instructions).	5,976,202	6,644,499

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

5,670,589

Enter amount from Part I, line 27a .....................

134,587

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

483,587

Add lines 1, 2, and 3 ..........................

6,288,763

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

6,288,763

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
1 a	PUBLICLY TRADED SECURITIES
b	CAPITAL GAINS DIVIDENDS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,964,991	3,634,822	330,169
b	150		150
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			330,169
b			150
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	330,319
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	6,813
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	6,813
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	6,813
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	2,522
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	12,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	14,522
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	7,709
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax7,709	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Website address right arrow

WWW.OSTERMANFAMILYFOUNDATION.ORG

The books are in care of right arrow

VINCENT OSTERMAN Telephone no. right arrow

(339) 204-9210

Located at right arrow

1 MEMORIAL SQUAREWHITINSVILLEMA ZIP+4 right arrow

01588

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
VINCENT OSTERMAN	TRUSTEE 10.00	0	0	0
1 MEMORIAL SQUARE WHITINSVILLE,MA01588	TRUSTEE 10.00	0	0	0

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...................				0

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 arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2024)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

6,198,713

Average of monthly cash balances.......................

30,503

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

6,229,216

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

6,229,216

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

93,438

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

6,135,778

Minimum investment return. Enter 5% (0.05) of line 5................

306,789

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.)

Minimum investment return from Part IX, line 6..................

306,789

Tax on investment income for 2024 from Part V, line 5 .......

6,813

Income tax for 2024. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

6,813

Distributable amount before adjustments. Subtract line 2c from line 1............

299,976

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

299,976

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

299,976

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

355,145

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

355,145

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					299,976
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......	104,792
b From 2020......	86,180
c From 2021......	103,143
d From 2022......	29,350
e From 2023......	32,701
f Total of lines 3a through e ........		356,166
4Qualifying distributions for 2024 from Part
XI, line 4: $ 355,145
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.....					299,976
e Remaining amount distributed out of corpus		55,169
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		411,335
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) ...		104,792
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		306,543
10 Analysis of line 9:
a Excess from 2020....	86,180
b Excess from 2021....	103,143
c Excess from 2022....	29,350
d Excess from 2023....	32,701
e Excess from 2024....	55,169

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 4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2024)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CIVIC NATION ALL IN ONE DEMOCRACY 1025 VERMONT AVENUE NW 1120 WASHINGTON,DC20005		PC	ALL IN ONE CAMPUS DEMOCRACY PROGRAM - CIVIC LEARNING AND DEMOCRATIC ENGAGEMENT	220,000
MASS VOTE YOUNG CIVIC LEADERS 55 ROXBURY STREET 191746 BOSTON,MA02119		PC	YOUNG CIVIC LEADERS PROGRAM EMPOWERING UNDERSERVED YOUTH THROUGH EDUCATION, CIVIC INVOLVEMENT, AND LEADERSHIP	130,000
Total ................................. 3a				350,000

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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 ...........			14	26,109
4 Dividends and interest from securities ....			14	152,271
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 .....			14	433
8 Gain or (loss) from sales of assets other than inventory ............			14	330,104
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		508,917	0

13Total. Add line 12, columns (b), (d), and (e)..................

508,917

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

THE OSTERMAN FAMILY FOUNDATION

EIN:

46-1534293

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREP FEES	10,150	5,075		5,075

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

THE OSTERMAN FAMILY FOUNDATION

EIN:

46-1534293

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ONEOK, INC. 4.75% 10/15/2031 USD SR LIEN	7,740	7,740
ROYALTY PHARMA PLC 2.15% 09/02/2031 USD SR LIEN	6,560	6,560
EVERSOURCE ENERGY 5.85% 04/15/2031 USD SR LIEN	9,240	9,240
HUMANA INC. 5.375% 04/15/2031 USD SR LIEN	6,944	6,944
CIGNA CORP 2.375% 03/15/2031 USD SR LIEN	4,235	4,235
PROCTER & GAMBLE CO/THE 1.2% 10/29/2030 USD SR LIEN	23,952	23,952
PROLOGIS, L.P. 1.25% 10/15/2030 USD SR LIEN	4,917	4,917
JOHNSON & JOHNSON 1.3% 09/01/2030 USD SR LIEN	20,128	20,128
ALPHABET INC. 1.1% 08/15/2030 USD SR LIEN	8,327	8,327
PRAXAIR INC 1.1% 08/10/2030 USD SR LIEN	19,028	19,028
GENERAL MOTORS FINANCIAL COMPA 3.6% 06/21/2030 USD SR LIEN	5,502	5,502
AUTONATION INC 4.75% 06/01/2030 USD SR LIEN	12,550	12,550
ENERGY TRANSFER OPERATNG 3.75% 05/15/2030 USD SR LIEN	7,465	7,465
BERKSHIRE HATHAWAY FINANCE COR 1.85% 03/12/2030 USD SR LIEN	20,066	20,066
EVERGY INC 2.9% 09/15/2029 USD SR LIEN	6,368	6,368
COCA-COLA CO/THE 2.125% 09/06/2029 USD SR LIEN	24,194	24,194
TEXAS INSTRUMENTS INC 2.25% 09/04/2029 USD SR LIEN	19,770	19,770
WALT DISNEY COMPANY (THE) 2.0% 09/01/2029 USD SR LIEN	22,238	22,238
EXXON MOBIL CORPORATION 2.44% 08/16/2029 USD SR LIEN	24,640	24,640
GLOBAL PAYMENTS INC. 3.2% 08/15/2029 USD SR LIEN	4,582	4,582
NXP BV/NXP FDG/NXP USA 4.3% 06/18/2029 USD SR LIEN	19,418	19,418
FOX CORPORATION 4.709% 01/25/2029 USD SER WI SR LIEN	6,919	6,919
EMERSON ELECTRIC CO. 2.0% 12/21/2028 USD SR LIEN	10,834	10,834
MERCK & CO., INC. 1.9% 12/10/2028 USD SR LIEN	19,846	19,846
CONSTELLATION BRANDS, INC. 4.65% 11/15/2028 USD SR LIEN	9,889	9,889
SUMITOMO MITSUI FINANCIAL GROU 4.306% 10/16/2028 USD SR LIEN	16,687	16,687
THERMO FISHER SCIENTIFIC 1.75% 10/15/2028 USD SR LIEN	12,591	12,591
GENERAL MOTORS CO 5.0% 10/01/2028 USD SR LIEN	8,958	8,958
WALMART INC. 1.5% 09/22/2028 USD SR LIEN	19,761	19,761
BROADCOM INC. 4.11% 09/15/2028 USD SER WI SR LIEN	13,680	13,680
APPLE INC. 1.4% 08/05/2028 USD SR LIEN	22,439	22,439
MORGAN STANLEY HYBRID MTN 07/22/2028 USD SR LIEN CPN 07/24/17 3.591%	18,320	18,320
SUMITOMO MITSUI FINANCIAL GROU 3.944% 07/19/2028 USD SR LIEN	4,852	4,852
QUALCOMM INCORPORATED 1.3% 05/20/2028 USD SR LIEN	4,487	4,487
WELLS FARGO & COMPANY HYBRID MTN 03/24/2028 USD SR LIEN CPN 03/24/22 3.526%	9,698	9,698
WASTE MANAGEMENT INC 1.15% 03/15/2028 USD SR LIEN	18,785	18,785
COMCAST CORP 3.15% 02/15/2028 USD SR LIEN	19,053	19,053
AT&T INC. 1.65% 02/01/2028 USD SR LIEN	10,002	10,002
MORGAN STANLEY HYBRID MTN 01/21/2028 USD SR LIEN CPN 01/24/22 2.475%	4,764	4,764
CAPITAL ONE FINANCIAL CORPORAT HYBRID 11/02/2027 USD	24,564	24,564
CATERPILLAR FINL SERVICE MTN 1.1% 09/14/2027 USD SR LIEN	22,940	22,940
EBAY INC. 3.6% 06/05/2027 USD SR LIEN	9,753	9,753
PEPSICO INC 2.625% 03/19/2027 USD SR LIEN	19,266	19,266
JOHN DEERE CAPITAL CORP MTN 1.75% 03/09/2027 USD SR LIEN	14,126	14,126
CROWN CASTLE INTERNATIONAL COR 4.0% 03/01/2027 USD SR LIEN	4,913	4,913
S&P GLOBAL INC. 2.95% 01/22/2027 USD SR LIEN	12,583	12,583
KROGER CO. (THE) 2.65% 10/15/2026 USD SR LIEN	24,104	24,104
SYNCHRONY FINANCIAL 3.7% 08/04/2026 USD SR LIEN	14,672	14,672
BANK OF NOVA SCOTIA (THE) 2.7% 08/03/2026 USD SR LIEN	23,289	23,289
CITIZENS FINANCIAL GROUP 2.85% 07/27/2026 USD SR LIEN	24,164	24,164
VOYA FINANCIAL, INC. 3.65% 06/15/2026 USD SR LIEN	16,714	16,714
WELLS FARGO & COMPANY MTN 4.1% 06/03/2026 USD SER M SUB LIEN	4,946	4,946
REALTY INCOME CORP 4.875% 06/01/2026 USD SR LIEN	15,038	15,038
WELLS FARGO & COMPANY HYBRID MTN 04/25/2026 SR LIEN CPN 04/25/22 3.908%	9,969	9,969
ASTRAZENECA PLC 0.7% 04/08/2026 USD SR LIEN	23,852	23,852
PRUDENTIAL FINANCIAL INC MTN 1.5% 03/10/2026 SR LIEN	24,120	24,120
STANLEY BLACK & DECKER I 3.4% 03/01/2026 SR LIEN	24,591	24,591
BANK OF AMERICA CORPORATION HYBRID MTN 02/13/2026 SR	14,950	14,950
BANK OF AMERICA CORPORATION HYBRID 01/23/2026 SR LIEN CPN 01/23/18 3.366%	9,991	9,991
AIR LEASE CORP MTN 2.875% 01/15/2026 SR LIEN	8,808	8,808
PIONEER NATURAL RESOURCE 1.125% 01/15/2026 SR LIEN	4,827	4,827
HEWLETT PACKARD ENTERPRISE COM STEP 10/15/2025 SER WI SR	9,999	9,999
MCDONALD'S CORPORATION MTN 1.45% 09/01/2025 SR LIEN	4,895	4,895
AIR LEASE CORP 3.375% 07/01/2025 SR LIEN	7,938	7,938
AMERICAN TOWER CORPORATION 4.0% 06/01/2025 SR LIEN M-W+30.00BP	9,953	9,953
ORACLE CORPORATION 2.95% 05/15/2025 SR LIEN	14,879	14,879
MPLX LP 4.0% 02/15/2025 SR LIEN SRS 20423806	14,982	14,982
ANTHEM, INC. 2.375% 01/15/2025 SR LIEN	5,995	5,995
GS HIGH YIELD FUND CLASS P	389,483	389,483

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

THE OSTERMAN FAMILY FOUNDATION

EIN:

46-1534293

Name of Stock	End of Year Book Value	End of Year Fair Market Value
STATE STREET HEDGED INTERNATIONAL DEVELOPED EQUITY INDEX FUND CLASS K	1,271,173	1,271,173
3M COMPANY CMN	3,873	3,873
ABBOTT LABORATORIES CMN	20,925	20,925
ABBVIE INC. CMN	36,429	36,429
ACCENTURE PLC CMN CLASS A	15,831	15,831
ADOBE INC CMN	11,117	11,117
ADVANCED MICRO DEVICES, INC. CMN	14,253	14,253
AFFIRM HOLDINGS, INC. CMN	305	305
AFLAC INCORPORATED CMN	4,655	4,655
AGILENT TECHNOLOGIES, INC. CMN	4,030	4,030
AIR PRODUCTS & CHEMICALS INC CMN	4,351	4,351
AIRBNB, INC. CMN CLASS A	1,314	1,314
ALPHABET INC. CMN CLASS A	141,218	141,218
ALPHABET INC. CMN CLASS C	5,523	5,523
ALTRIA GROUP, INC. CMN	18,824	18,824
AMAZON.COM INC CMN	142,604	142,604
AMCOR PLC CMN	22,114	22,114
AMERICAN ELECTRIC POWER INC CMN	14,757	14,757
AMERICAN EXPRESS CO. CMN	16,323	16,323
AMERICAN TOWER CORPORATION CMN	6,419	6,419
AMGEN INC. CMN	15,638	15,638
AMPHENOL CORP CL-A (NEW) CMN CLASS A	5,209	5,209
ANALOG DEVICES, INC. CMN	6,374	6,374
APPLE INC. CMN	252,924	252,924
APPLIED MATERIALS INC CMN	9,758	9,758
ARCH CAPITAL GROUP LTD. CMN	24,011	24,011
ARES MANAGEMENT CORPORATION CMN CLASS A	5,311	5,311
ARISTA NETWORKS, INC. CMN	6,632	6,632
AT&T INC. CMN	19,582	19,582
AUTOMATIC DATA PROCESSING INC CMN	8,782	8,782
AXON ENTERPRISE INC CMN	2,972	2,972
BERKSHIRE HATHAWAY INC. CLASS B	31,730	31,730
BEST BUY CO INC CMN	5,577	5,577
BLACKROCK FUNDING, INC. CMN	5,126	5,126
BOEING COMPANY CMN	6,195	6,195
BOOKING HOLDINGS INC. CMN	9,937	9,937
BRISTOL-MYERS SQUIBB COMPANY CMN	14,988	14,988
BROADCOM INC. CMN	76,507	76,507
CADENCE DESIGN SYSTEMS INC CMN	1,502	1,502
CAPITAL ONE FINANCIAL CORP CMN	1,783	1,783
CARDINAL HEALTH, INC. CMN	2,957	2,957
CARNIVAL CORPORATION CMN	1,620	1,620
CARRIER GLOBAL CORPORATION CMN	3,413	3,413
CATERPILLAR INC (DELAWARE) CMN	14,510	14,510
CDW CORPORATION CMN	1,740	1,740
CHARLES SCHWAB CORPORATION CMN	370	370
CHEVRON CORPORATION CMN	29,547	29,547
CHIPOTLE MEXICAN GRILL, INC. CMN	3,618	3,618
CIGNA GROUP/THE CMN	5,523	5,523
CINTAS CORPORATION CMN	3,654	3,654
CISCO SYSTEMS, INC. CMN	27,232	27,232
CITIGROUP INC. CMN	12,670	12,670
CLOROX CO (THE) (DELAWARE) CMN	1,624	1,624
CLOUDFLARE, INC. CMN CLASS A	538	538
CME GROUP INC. CMN CLASS A	27,868	27,868
CMS ENERGY CORPORATION CMN	1,666	1,666
COCA-COLA COMPANY (THE) CMN	8,405	8,405
COMCAST CORPORATION CMN CLASS A VOTING	13,136	13,136
CONAGRA BRANDS INC CMN	16,234	16,234
CONOCOPHILLIPS CMN	3,967	3,967
CONSOLIDATED EDISON INC CMN	5,354	5,354
CORNING INCORPORATED CMN	8,554	8,554
COSTCO WHOLESALE CORPORATION CMN	9,163	9,163
COTERRA ENERGY INC CMN	1,916	1,916
CROWDSTRIKE HOLDINGS, INC. CMN	8,554	8,554
CUMMINS INC COMMON STOCK	10,458	10,458
CVS HEALTH CORP CMN	4,265	4,265
D.R. HORTON, INC. CMN	2,097	2,097
DANAHER CORPORATION CMN	11,478	11,478
DARDEN RESTAURANTS, INC. CMN	1,867	1,867
DATADOG, INC. CMN CLASS A	714	714
DEERE & COMPANY CMN	2,119	2,119
DELL TECHNOLOGIES INC. CMN CLASS C	5,186	5,186
DEXCOM, INC. CMN	778	778
DIGITAL REALTY TRUST, INC. CMN	3,547	3,547
DISCOVER FINANCIAL SERVICES CMN	5,197	5,197
DOMINION ENERGY INC CMN	3,232	3,232
DOW INC CMN	21,670	21,670
DUKE ENERGY CORPORATION CMN	11,313	11,313
EATON CORP PLC CMN	14,934	14,934
EDISON INTERNATIONAL CMN	12,774	12,774
ELEVANCE HEALTH INC CMN	3,689	3,689
ELI LILLY & CO CMN	38,600	38,600
EMERSON ELECTRIC CO. CMN	9,295	9,295
EOG RESOURCES INC CMN	5,516	5,516
EQUINIX, INC. REIT	9,429	9,429
ERIE INDEMNITY COMPANY CL-A CMN CLASS A	2,061	2,061
ESSEX PROPERTY TRUST INC CMN	2,854	2,854
EVERGY, INC. CMN	14,772	14,772
EXELON CORPORATION CMN	3,764	3,764
EXTRA SPACE STORAGE INC. CMN	2,992	2,992
EXXON MOBIL CORPORATION CMN	44,964	44,964
FAIR ISAAC INC CMN	3,982	3,982
FASTENAL COMPANY CMN	8,629	8,629
FEDEX CORPORATION CMN	1,407	1,407
FIDELITY NATL INFO SVCS INC CMN	1,615	1,615
FIFTH THIRD BANCORP CMN	6,765	6,765
FIRSTENERGY CORP. CMN	9,746	9,746
FORTINET, INC. CMN	1,890	1,890
FRANKLIN RESOURCES INC CMN	17,957	17,957
GE VERNOVA LLC CMN	4,934	4,934
GENERAL DYNAMICS CORP. CMN	7,905	7,905
GENERAL ELECTRIC COMPANY CMN	11,675	11,675
GENERAL MILLS INC CMN	8,609	8,609
GENUINE PARTS CO. CMN	5,838	5,838
GILEAD SCIENCES CMN	5,080	5,080
HASBRO, INC. CMN	14,257	14,257
HEWLETT PACKARD ENTERPRISE CO CMN	1,815	1,815
HONEYWELL INTL INC CMN	6,777	6,777
HORMEL FOODS CORPORATION CMN	1,569	1,569
HOST HOTELS & RESORTS INC CMN	2,453	2,453
HOWMET AEROSPACE INC. CMN	1,641	1,641
HP INC. CMN	1,305	1,305
HUBBELL INCORPORATED CMN	4,189	4,189
HUMANA INC. CMN	2,537	2,537
HUNTINGTON BANCSHARES INCORPOR CMN	1,952	1,952
ILLINOIS TOOL WORKS CMN	11,410	11,410
INSULET CORPORATION CMN	1,305	1,305
INTEL CORPORATION CMN	2,306	2,306
INTERNATIONAL PAPER CO. CMN	9,688	9,688
INTERPUBLIC GROUP COS CMN	5,464	5,464
INTL BUSINESS MACHINES CORP CMN	27,479	27,479
INTUIT INC CMN	15,713	15,713
INTUITIVE SURGICAL, INC. CMN	10,961	10,961
INVESCO LTD. CMN	10,750	10,750
IRON MOUNTAIN INCORPORATED CMN	8,409	8,409
J. M. SMUCKER COMPANY (THE) CMN	3,304	3,304
JANUS HENDERSON GROUP PLC CMN	5,316	5,316
JOHNSON & JOHNSON CMN	41,217	41,217
JOHNSON CONTROLS INTERNATIONAL CMN	3,552	3,552
JPMORGAN CHASE & CO CMN	40,751	40,751
KENVUE INC. CMN	10,675	10,675
KEURIG DR PEPPER INC CMN	8,994	8,994
KEYCORP CMN	6,170	6,170
KINDER MORGAN INC CMN	17,262	17,262
KLA CORP CMN	6,301	6,301
KROGER COMPANY CMN	3,669	3,669
L3HARRIS TECHNOLOGIES INC CMN	4,206	4,206
LAM RESEARCH CORPORATION CMN	7,223	7,223
LEIDOS HLDGS INC CMN	1,441	1,441
LENNAR CORPORATION CMN CLASS A	4,091	4,091
LOWES COMPANIES INC CMN	13,574	13,574
LYONDELLBASELL INDUSTRIES N.V. CMN CLASS A	16,711	16,711
M&T BANK CORPORATION CMN	3,760	3,760
MARRIOTT INTERNATIONAL, INC CMN CLASS A	4,184	4,184
MASTERCARD INCORPORATED CMN CLASS A	15,797	15,797
MC DONALDS CORP CMN	8,697	8,697
MEDTRONIC PUBLIC LIMITED COMPA CMN	24,363	24,363
MERCK & CO., INC. CMN	11,938	11,938
META PLATFORMS INC-CLASS A CMN CLASS A	90,754	90,754
MICROCHIP TECHNOLOGY INCORPORA CMN	8,603	8,603
MICRON TECHNOLOGY, INC. CMN	7,154	7,154
MICROSOFT CORPORATION CMN	219,180	219,180
MONDELEZ INTERNATIONAL, INC. CMN	3,584	3,584
MONOLITHIC POWER SYSTEMS, INC. CMN	2,959	2,959
MORGAN STANLEY CMN	27,658	27,658
NETAPP, INC. CMN	1,741	1,741
NETFLIX, INC. CMN	26,740	26,740
NEWMONT CORP CMN	3,164	3,164
NIKE CLASS-B CMN CLASS B	1,892	1,892
NISOURCE INC. CMN	1,838	1,838
NORFOLK SOUTHERN CORP CMN	4,694	4,694
NVENT ELECTRIC PUBLIC LIMITED COMPANY	341	341
NVIDIA CORPORATION CMN	231,650	231,650
NXP SEMICONDUCTORS N.V. CMN	1,039	1,039
OMNICOM GROUP CMN	2,581	2,581
ONEOK INC CMN	10,040	10,040
ORACLE CORPORATION CMN	19,997	19,997
PALANTIR TECHNOLOGIES INC. CMN	13,613	13,613
PALO ALTO NETWORKS INC. CMN	9,098	9,098
PAYCHEX, INC. CMN	18,930	18,930
PEPSICO, INC. CMN	3,802	3,802
PFIZER INC. CMN	34,356	34,356
PHILIP MORRIS INTL INC CMN	3,611	3,611
PHILLIPS 66 CMN	5,127	5,127
PINNACLE WEST CAPITAL CORP CMN	8,477	8,477
PNC FINANCIAL SERVICES GROUP, CMN	11,571	11,571
PROLOGIS INC CMN	3,911	3,911
PRUDENTIAL FINANCIAL INC CMN	28,447	28,447
QUALCOMM INC CMN	13,058	13,058
RALPH LAUREN CORP CMN CLASS A	2,310	2,310
REALTY INCOME CORPORATION CMN	4,006	4,006
REPLIGEN CORP CMN	1,439	1,439
RESMED INC. CMN	2,287	2,287
ROCKWELL AUTOMATION INC CMN	1,429	1,429
ROYAL CARIBBEAN GROUP ISIN: LR0008862868	6,921	6,921
RTX CORP CMN	10,762	10,762
SALESFORCE INC CMN	25,075	25,075
SBA COMMUNICATIONS CORPORATION CMN	2,038	2,038
SEAGATE TECHNOLOGY HOLDIN PLC CMN	1,726	1,726
SERVICENOW INC CMN	15,902	15,902
SIMON PROPERTY GROUP INC CMN	1,722	1,722
SNAP-ON INC CMN	5,092	5,092
SOUTHWEST AIRLINES CO CMN	4,203	4,203
STANLEY BLACK & DECKER, INC. CMN	2,409	2,409
STARBUCKS CORP. CMN	15,056	15,056
STATE STREET CORPORATION (NEW) CMN	9,815	9,815
STRYKER CORPORATION CMN	9,001	9,001
SUPER MICRO COMPUTER, INC. CMN	2,438	2,438
SYNCHRONY FINANCIAL CMN	2,600	2,600
SYNOPSYS, INC. CMN	2,427	2,427
SYSCO CORPORATION CMN	7,646	7,646
T. ROWE PRICE GROUP, INC. CMN	7,351	7,351
TAPESTRY, INC. CMN	2,287	2,287
TARGET CORPORATION CMN	11,490	11,490
TE CONNECTIVITY CORPORATION CMN	1,430	1,430
TESLA, INC. CMN	78,749	78,749
TEXAS INSTRUMENTS INC. CMN	30,939	30,939
THE BANK OF NY MELLON CORP CMN	11,525	11,525
THE CAMPBELL'S COMPANY CMN	1,675	1,675
THE HOME DEPOT, INC. CMN	27,229	27,229
THE PROCTER & GAMBLE COMPANY CMN	40,236	40,236
THE PROGRESSIVE CORPORATION CMN	22,763	22,763
THE SOUTHERN CO. CMN	9,878	9,878
THE WILLIAMS COMPANIES, INC. CMN	1,353	1,353
THERMO FISHER SCIENTIFIC INC CMN	5,202	5,202
TJX COMPANIES INC (NEW) CMN	8,457	8,457
TRANE TECHNOLOGIES PUBLIC LIMI CMN	9,234	9,234
TRANSDIGM GROUP INCORPORATED CMN	25,346	25,346
TRUIST FINANCIAL CORPORATION CMN	1,735	1,735
U.S. BANCORP CMN	19,132	19,132
UBER TECHNOLOGIES, INC. CMN	6,937	6,937
UDR INC CMN	1,736	1,736
UNION PACIFIC CORP. JSE UNPI INT EQTY DN CASH BASE	6,841	6,841
UNITED PARCEL SERVICE, INC. CLASS B COMMON STOCK	28,373	28,373
UNITEDHEALTH GROUP INCORPORATE CMN	32,881	32,881
UNITY SOFTWARE INC. CMN	674	674
VENTAS, INC. CMN	1,472	1,472
VERIZON COMMUNICATIONS INC. CMN	44,789	44,789
VERTEX PHARMACEUTICALS INCORPO CMN	6,041	6,041
VIATRIS INC CMN	1,743	1,743
VISA INC. CMN CLASS A	30,024	30,024
WALMART INC CMN	16,715	16,715
WALT DISNEY COMPANY (THE) CMN	3,897	3,897
WEC ENERGY GROUP, INC. CMN	5,642	5,642
WELLS FARGO & COMPANY CMN	10,185	10,185
WELLTOWER, INC. CMN	15,124	15,124
WORKDAY, INC. CMN CLASS A	1,290	1,290

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

THE OSTERMAN FAMILY FOUNDATION

EIN:

46-1534293

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
GS TACTICAL TILT OVERLAY FUND CLASS P	FMV	233,339	233,339

- TIN:

TY 2024 OtherExpensesSchedule

Name:

THE OSTERMAN FAMILY FOUNDATION

EIN:

46-1534293

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER	201	0		0

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

THE OSTERMAN FAMILY FOUNDATION

EIN:

46-1534293

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME	433	433	433

- TIN:

TY 2024 OtherIncreasesSchedule

Name:

THE OSTERMAN FAMILY FOUNDATION

EIN:

46-1534293

Description	Amount
NON DIVIDEND DISTRIBUTIONS	1,916
UNREALIZED GAIN / (LOSS)	481,671

- TIN:

TY 2024 OtherLiabilitiesSchedule

Name:

THE OSTERMAN FAMILY FOUNDATION

EIN:

46-1534293

Description	Beginning of Year - Book Value	End of Year - Book Value
I&D TIMING DIFFERENCE	5,613	5,736

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

THE OSTERMAN FAMILY FOUNDATION

EIN:

46-1534293

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	13,884	13,884		0
OTHER	0	0		0

- TIN:

TY 2024 TaxesSchedule

Name:

THE OSTERMAN FAMILY FOUNDATION

EIN:

46-1534293

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	2,025	0		0
MA FILING FEE	70	0		70