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 TALLENT FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)6423 COLLINS AVE 1102
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MIAMI, FL33141

A Employer identification number

85-4108602

B Telephone number (see instructions)

(410) 244-7414

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

$26,393,542J 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	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	789,569		786,964
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		856,841
b	Gross sales price for all assets on line 6a 6,881,179
7	Capital gain net income (from Part IV, line 2)...			853,619
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	-26,094	-24,260
12	Total. Add lines 1 through 11........	1,620,316		1,616,323
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).........	List of Attached Documents: // Content	197	98	99
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	2,888	1,444	1,444
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	59,678	59,616	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	4,840	4,520	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	67,603		65,678	1,543
25	Contributions, gifts, grants paid.......	210,000			210,000
26	Total expenses and disbursements. Add lines 24 and 25	277,603		65,678	211,543
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,342,713
b	Net investment income (if negative, enter -0-)			1,550,645
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.............	0
	2	Savings and temporary cash investments.........	2,501,374	174,880	174,880
	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).......	10,975,880	List of Attached Documents: // Content 14,633,429	15,482,598
	c	Investments—corporate bonds (attach schedule).......	0	List of Attached Documents: // Content 7,005,886	7,052,753
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	5,860,623	List of Attached Documents: // Content 2,849,921	3,193,651
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 4,465,182	List of Attached Documents: // Content 489,660	List of Attached Documents: // Content 489,660
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	23,803,059	25,153,776	26,393,542
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	23,803,059	25,153,776
	29	Total net assets or fund balances (see instructions).....	23,803,059	25,153,776
	30	Total liabilities and net assets/fund balances (see instructions).	23,803,059	25,153,776

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

23,803,059

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

1,342,713

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

List of Attached Documents:

// Content

8,004

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

25,153,776

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 .

25,153,776

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	GP GLOBAL EQUITY STRATEGIES, L.P.
c	GP 2021-2022 PRIVATE EQUITY STRATEGIES
d	GP EMERGING MARKETS STRATEGIES, L.P.
e	GRESHAM LOW VOLATITLITY OFF
	OPPORTUNISTIC GROWTH OFF
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	6,780,616	6,814,171	-33,555
b			495,916
c			7,849
d			10,128
e			136,359
			136,359
	100,563		100,563

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			-33,555
b			495,916
c			7,849
d			10,128
e			136,359
			136,359
			100,563

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	853,619
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	21,554
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	21,554
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	21,554
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	21,437
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	9,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	30,437
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	222
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	8,661
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax8,661	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?.........

Yes

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

Yes

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?

Yes

Website address right arrow

N/A

The books are in care of right arrow

MARIANNE SCHMITT HELLAUER Telephone no. right arrow

(410) 244-7414

Located at right arrow

6423 COLLINS AVE 1102MIAMIFL ZIP+4 right arrow

33141

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
PATRICK L TALLENT	TRUSTEE 1.00	0	0	0
6423 COLLINS AVE 1102 MIAMI,FL33141	TRUSTEE 1.00	0	0	0
CINDY L TALLENT	TRUSTEE 1.00	0	0	0
6423 COLLINS AVE 1102 MIAMI,FL33141	TRUSTEE 1.00	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...................

17,824,878

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

5,134,859

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

1,097,009

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

24,056,746

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

24,056,746

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

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

360,851

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

23,695,895

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

1,184,795

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

1,184,795

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

21,554

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

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

21,554

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

1,163,241

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

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

1,163,241

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

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

1,163,241

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 ..........

211,543

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) Click to see attachment

List of Attached Documents:

// Content

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

951,698

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

1,163,241

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					1,163,241
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......
b From 2020......
c From 2021......
d From 2022......	4,948
e From 2023......
f Total of lines 3a through e ........		4,948
4Qualifying distributions for 2024 from Part
XI, line 4: $ 1,163,241
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.....					1,163,241
e Remaining amount distributed out of corpus		0
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		4,948
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) ...		0
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		4,948
10 Analysis of line 9:
a Excess from 2020....
b Excess from 2021....
c Excess from 2022....	4,948
d Excess from 2023....
e Excess from 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 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
ALICE LLOYD COLLEGE 100 PURPOSE RD PIPPA PASSES,KY41844	N/A	PC	TO SUPPORT THE MEN AND WOMEN'S GOLF PROGRAMS	15,000
ALLEN ELEMENTARY SCHOOL 3345 CANELO DR FORT MYERS,FL33901	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	2,500
BETSEY LAYNE ELEMENTARY SCHOOL 256 SCHOOL ST BETSY LANE,KY41605	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	2,500
CROGET ELEMENTARY SCHOOL 1407 CROZET AVE CROZET,VA22932	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	20,000
FLOYD CENTRAL HIGH SCHOOL 6575 OLD VINCENNES RD FLOYDS KNOBS,IN47119	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	15,000
FRIENDS OF JENNY WILEY 419 JENNY WILEY DR PRESTONSBURG,KY41653	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	5,000
HIGHLANDS FOUNDATION INC 20 BINGHAM ST PRESTONSBURG,KY41653	N/A	PC	TO SUPPORT THE ORGANIZATION'S PROGRAMS	10,000
JAMES D ADAM MIDDLE SCHOOL 2520 S LAKE DR PRESTONSBURG,KY41653	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	2,500
JOHNSON CENTRAL HIGH SCHOOL 257 N MAYO TRL PAINTSVILLE,KY41240	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	5,000
MARTIN COUNTY HIGH SCHOOL 2801 S KANNER HWY STUART,FL34994	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	5,000
MAY VALLEY ELEMENTARY SCHOOL 481 STEPHENS BRANCH RD MARTIN,KY41649	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	2,500
PAINTSVILLE HIGH SCHOOL 225 2ND ST PAINTSVILLE,KY41240	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	5,000
PIKE CENTRAL HIGH SCHOOL 1810 IN-56 PETERSBURG,IN47567	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	5,000
PIKEVILLE HIGH SCHOOL 120 CHAMPIONSHIP DR PIKEVILLE,KY41501	N/A	PC	TO SUPPORT ACADEMIC AND CO-CURRICULAR ACTIVITIES	5,000
PRESTONSBURG ELEMENTARY SCHOOL 140 CR-1386-81 PRESTONSBURG,KY41653	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	2,500
PRESTONSBURG LITTLE LEAGUE 235 WOODLAND HILLS PRESTONSBURG,KY41653	N/A	PC	TO SUPPORT THE ORGANIZATION'S PROGRAMS	10,000
SOUTH FLOYD ELEMENTARY SCHOOL 299 MT RAIDER DR 102 HI HAT,KY41636	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	2,500
THE KENTUCKY HIGH SCHOOL BASKETBALL HALL OF FAME 212 WEST DIXIE AVENUE ELIZABETHTOWN,KY42701	N/A	PC	TO SUPPORT THE ORGANIZATION'S PROGRAMS	20,000
THE LEXINGTON CANCER FOUNDATION 1504 COLLEGE WAY LEXINGTON,KY40502	N/A	PC	TO SUPPORT THE ORGANIZATION'S PROGRAMS	10,000
UNIVERSITY OF PIKEVILLE 147 SYCAMORE ST PIKEVILLE,KY41501	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	10,000
WESTBRIAR ELEMENTARY SCHOOL PTA 1741 PINE VALLEY DR VIENNA,VA22182	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	20,000
BETSEY LAYNE HIGH SCHOOL 554 BOBCAT BLVD STANVILLE,KY41659	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	15,000
PRESTONSBURG HIGH SCHOOL 825 BLACK CAT AVE PRESTONSBURG,KY41653	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	15,000
MAGOFFIN COUNTY HIGH SCHOOL 1100 MOUNTAIN PKWY SALYERSVILLE,KY41465	N/A	PC	TO SUPPORT EDUCATIONAL PROGRAMS	5,000
Total ................................. 3a				210,000

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 ...........
4 Dividends and interest from securities ....			14	789,569
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............	525990	3,223	18	853,618
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aPARTNERSHIP LOSS	525990	-1,834	01	-24,260
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		1,389		1,618,927	0

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

1,620,316

(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 TALLENT FOUNDATION

EIN:

85-4108602

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	2,888	1,444		1,444

- TIN:

TY 2024 CashDistributionExplnStmt

Name:

THE TALLENT FOUNDATION

EIN:

85-4108602

Explanation:

THE TALLENT FOUNDATIONE.I.N.: 85-41086022024 FORM 990-PFPART XI, LINE 3BAMOUNTS SET ASIDE - CASH DISTRIBUTION TEST THE FOLLOWING INFORMATION IS PROVIDED IN ACCORDANCE WITH TREAS. REG. 53.4942(A)-3(B)(7)(II): (A) THE TALLENT FOUNDATION (THE "FOUNDATION") IS SETTING ASIDE FUNDS TO DEVELOP AN ENDOWMENT FUND FROM WHICH GRANTS WILL BE MADE TO PUBLICLY SUPPORTED CHARITIES IN FURTHERANCE OF THEIR LONG-TERM SUPERVISED CHARITABLE PROJECTS. (B) THE AMOUNTS SET ASIDE FOR THE PROJECTS DESCRIBED ABOVE WILL ACTUALLY BE PAID WITHIN A PERIOD OF TIME THAT ENDS NOT MORE THAN 60 MONTHS AFTER THE DATE OF THE SET-ASIDE. (C) THE PROJECTS DESCRIBED ABOVE WILL NOT BE COMPLETED BEFORE THE END OF THE TAXABLE YEAR OF THE FOUNDATION IN WHICH THE SET ASIDE IS MADE. (D) THE DISTRIBUTABLE AMOUNT DETERMINED UNDER 4942(D) FOR PAST TAXABLE YEARS IN THE FOUNDATION'S START-UP AND FULL PAYMENT PERIODS:YEAR OF CREATION: THE DATE OF LEGAL FORMATION OF THE FOUNDATION WAS NOVEMBER 1, 2020, AS PROVIDED IN THE IRREVOCABLE TRUST AGREEMENT; HOWEVER, PURSUANT TO THE IRS REQUIREMENTS, THE FOUNDATION WAS NOT CONSIDERED TO BE CREATED UNTIL THE TAX YEAR IN WHICH ITS DISTRIBUTABLE AMOUNT FIRST EXCEEDS $500; AND, THUS, THE YEAR OF CREATION IS 2021.START-UP PERIOD DISTRIBUTABLE AMOUNT START-UP PERIOD MINIMUM DISTRIBUTION2022 $1,165,262 20%2023 $935,098 40%2024 $1,163,241 60%2025 N/A 80% (E) AGGREGATE DISTRIBUTIONS FOR CHARITABLE PURPOSES DURING THE FOUNDATION'S START-UP AND FULL PAYMENT PERIODS:START-UP PERIOD CASH DISTRIBUTIONSYEAR OF FORMATION OF TRUST: 2020 DISTRIBUTABLE AMOUNT WAS UNDER $500THE DISTRIBUTABLE AMOUNT IS ESTIMATED AND THE MINIMUM AMOUNT AS REQUIRED UNDER THE REGULATIONS WILL BE DISTRIBUTED BEFORE 12/31/2025 (WITH AN EXTENDED DUE DATE OF 5/31/2026)YEAR OF CREATION: 2021 $45,0002022 $315,6002023 $841,9782024 $211,5432025 N/ATOTAL $1,414,121

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

THE TALLENT FOUNDATION

EIN:

85-4108602

Name of Bond	End of Year Book Value	End of Year Fair Market Value
U.S. TREASURY NOTE 1.125000% 02/15/2031 FA OFF THE RUN	676,308	670,166
U.S. TREASURY NOTE 0.500000% 05/31/2027 MN ON THE RUN	115,568	116,165
U.S. TREASURY NOTE 4.125000% 09/30/2027 MS ON THE RUN	368,434	371,338
U.S. TREASURY NOTE 2.750000% 05/31/2029 MN ON THE	247,933	244,603
U.S. TREASURY NOTE 3.625000% 03/31/2030 MS ON THE RUN	613,412	611,870
U.S. TREASURY NOTE 4.500000% 11/15/2033 MN ON THE	349,801	344,448
U.S. TREASURY NOTE 1.375000% 11/15/2031 MN OFF THE	51,058	50,768
REPUBLIC SERVICES INC 4.875% 04/01/2029 USD SR LIEN	11,782	12,116
U.S. TREASURY BOND 4.500000% 02/15/2036 FA ON THE RUN	207,403	204,223
AMGEN INC. 5.25% 03/02/2033 USD SR LIEN NEXT CALL DT. 12	38,168	38,396
U.S. TREASURY NOTE 1.625000% 02/15/2026 FA OFF THE RUN	207,179	210,174
U.S. TREASURY NOTE 1.625000% 09/30/2026 MS ON THE RUN	36,503	36,493
THE CIGNA GROUP 5.25% 02/15/2034 USD SR LIEN NEXT CALL	54,178	55,046
U.S. TREASURY NOTE 4.000000% 12/15/2025 JD ON THE RUN	198,340	200,011
PRUDENTIAL FINANCIAL, INC. MTN 5.7% 12/14/2036 SER D	52,790	52,509
AT&T INC. 4.5% 05/15/2035 USD SR LIEN NEXT CALL DT. 11 15	28,878	28,853
ALEXANDRIA REAL ESTATE EQUITIE 4.75% 04/15/2035 USD SR	63,008	62,592
EVERSOURCE ENERGY 5.95% 07/15/2034 USD SR LIEN NEXT	28,522	29,460
BANK OF NEW YORK MELLON CORPOR HYBRID MTN	38,005	39,568
INTEL CORPORATION 5.15% 02/21/2034 USD SR LIEN NEXT	35,776	36,195
CVS HEALTH CORP 5.25% 02/21/2033 USD SR LIEN NEXT CALL	17,369	17,601
NASDAQ, INC. 5.55% 02/15/2034 USD SR LIEN NEXT CALL DT. 11	40,672	41,211
DOW CHEMICAL CO/THE 5.15% 02/15/2034 USD SR LIEN NEXT	53,814	54,865
PNC FINANCIAL SERVICES GROUP, HYBRID 01/24/2034 USD SR	17,739	18,944
REALTY INCOME CORPORATION 4.9% 07/15/2033 USD SR	37,109	37,699
U.S. TREASURY NOTE 2.000000% 11/15/2026 MN OFF THE RUN	329,446	333,887
U.S. BANCORP HYBRID 06/12/2029 USD SR LIEN CPN 06/12/23	17,973	18,465
BANK OF NY MELLON CORP HYBRID MTN 03/14/2030 USD SR	28,951	29,466
AEP TEXAS INC. 5.45% 05/15/2029 USD SR LIEN NEXT CALL DT.	27,417	27,556
HUMANA INC. 5.375% 04/15/2031 USD SR LIEN NEXT CALL DT.	17,556	18,059
INTEL CORPORATION 3.9% 03/25/2030 USD SR LIEN NEXT CALL	27,707	27,482
ORACLE CORPORATION 2.95% 04/01/2030 USD SR LIEN NEXT	66,136	66,476
AMERICAN EXPRESS COMPANY HYBRID 04/25/2030 USD SR	27,661	27,776
CLOROX COMPANY (THE) 1.8% 05/15/2030 USD SR LIEN NEXT	19,962	20,471
BRISTOL-MYERS SQUIBB CO 5.1% 02/22/2031 USD SR LIEN	39,396	41,029
GENERAL MOTORS FINL CO 5.75% 02/08/2031 USD SR LIEN	17,710	18,649
AEP TEXAS INC 4.7% 05/15/2032 USD SR LIEN NEXT CALL DT. 02	21,465	22,149
UNITEDHEALTH GROUP INC 4.95% 01/15/2032 SR LIEN NEXT	120,085	118,052
VERIZON COMMUNICATIONS, INC. 3.15% 03/22/2030 USD	23,228	24,027
AIR PRODUCTS & CHEMICALS 2.05% 05/15/2030 USD SR LIEN	11,905	12,190
CITIGROUP INC. HYBRID 03/20/2030 USD SR LIEN CPN	35,341	35,748
BANK OF AMERICA CORPORATION HYBRID MTN 06/14/2029	38,944	40,876
STARBUCKS CORPORATION 2.25% 03/12/2030 USD SR LIEN	30,627	30,932
COMCAST CORPORATION 2.65% 02/01/2030 USD SR LIEN	36,917	38,081
AMERICAN EXPRESS COMPANY HYBRID 07/27/2029 USD SR	38,593	39,435
AUTOZONE INC 5.1% 07/15/2029 SR LIEN NEXT CALL DT. 06 15	41,238	42,297
NXP BV/NXP FDG/NXP USA 4.3% 06/18/2029 USD SR LIEN	33,101	33,059
ENBRIDGE INC 5.7% 03/08/2033 USD SR LIEN NEXT CALL DT. 12	53,339	54,525
MCDONALD'S CORP MTN 5.0% 05/17/2029 USD SR LIEN NEXT	48,108	48,625
MPLX LP 4.95% 09/01/2032 USD SR LIEN NEXT CALL DT. 06 01	28,944	29,435
CANADIAN IMPERIAL BANK OF COMM 5.26% 04/08/2029 USD	99,829	100,986
TOYOTA MOTOR CREDIT CORP 5.05% 05/16/2029 USD SR LIEN	20,127	20,267
LOWE'S COMPANIES, INC. 5.0% 04/15/2033 USD SR LIEN NEXT	70,958	69,680
INTERCONTINENTAL EXCHANGE, INC 4.35% 06/15/2029 USD	13,433	13,722
CENTERPOINT ENERGY RES 5.4% 03/01/2033 USD SR LIEN	71,748	71,572
CITIGROUP INC. HYBRID 10/27/2028 USD SR LIEN CPN	36,235	37,776
CARDINAL HEALTH, INC. 5.125% 02/15/2029 USD SR LIEN	29,021	29,605
PHILIP MORRIS INTERNATIONAL IN 4.875% 02/13/2029 USD	65,620	66,128
BANK OF NY MELLON CORP HYBRID 02/01/2029 USD SR LIEN	27,730	28,314
TRUIST FINANCIAL CORPORATION HYBRID MTN 01/26/2029	17,423	18,287
FOX CORPORATION 4.709% 01/25/2029 USD SER WI SR LIEN	17,486	18,159
BANK OF AMERICA CORPORATION HYBRID 12/20/2028 USD	28,251	28,783
NXP BV/NXP FUNDING LLC 5.55% 12/01/2028 USD SR LIEN	21,967	22,479
BAXTER INTERNATIONAL INC 2.272% 12/01/2028 USD SR	18,520	18,966
REALTY INCOME CORPORATION 3.65% 01/15/2028 USD SR	36,106	37,337
FISERV, INC. 4.2% 10/01/2028 USD SR LIEN NEXT CALL DT. 07 01	18,103	18,676
OTIS WORLDWIDE CORPORATION 5.25% 08/16/2028 USD SR	32,443	33,025
L3HARRIS TECHNOLOGIES, INC. 4.4% 06/15/2028 USD SR LIEN	17,341	17,716
AIR LEASE CORP 3.625% 12/01/2027 USD SR LIEN NEXT CALL	36,507	36,847
STATE STREET CORPORATION HYBRID 02/07/2028 USD SR	39,435	41,241
COMCAST CORP 3.15% 02/15/2028 USD SR LIEN NEXT CALL DT.	35,305	35,689
MORGAN STANLEY HYBRID MTN 07/22/2028 USD SR LIEN	38,493	40,183
SABINE PASS LIQUEFACTION, LLC 4.2% 03/15/2028 USD SER	87,993	88,977
CROWN CASTLE INTERNATIONAL COR 3.8% 02/15/2028 USD	17,929	18,556
TELEDYNE TECHNOLOGIES IN 2.25% 04/01/2028 USD SR LIEN	41,401	41,687
TRANSCANADA PIPELINES LIMITED 4.25% 05/15/2028 USD	37,159	37,301
JPMORGAN CHASE & CO. HYBRID 06/01/2028 USD SR LIEN	95,371	96,939
NATIONAL GRID PLC 5.602% 06/12/2028 USD SR LIEN NEXT	22,018	22,492
RELX CAPITAL INC. 4.0% 03/18/2029 USD SR LIEN NEXT CALL DT.	38,675	39,066
NUTRIEN LTD. 4.9% 03/27/2028 USD SR LIEN NEXT CALL DT. 02	48,673	49,609
MORGAN STANLEY HYBRID MTN 01/21/2028 USD SR LIEN	29,168	29,880
B.A.T. CAPITAL CORPORATION 2.259% 03/25/2028 USD SR	17,940	18,495
JM SMUCKER CO 3.375% 12/15/2027 USD SR LIEN NEXT CALL	17,999	18,431
AIR LEASE CORPORATION 5.85% 12/15/2027 USD SR LIEN	36,067	36,992
MITSUBISHI UFJ FINANCIAL GROUP 3.677% 02/22/2027 USD	91,736	92,287
STATE STREET CORPORATION HYBRID 02/20/2029 SR LIEN	58,238	58,301
ROPER TECHNOLOGIES, INC. 3.8% 12/15/2026 USD SR LIEN	54,324	54,239
AON NORTH AMERICA, INC. 5.15% 03/01/2029 USD SR LIEN	54,008	55,100
STATE STREET CORPORATION HYBRID 11/18/2027 USD SR	28,568	29,421
KELLOGG CO 3.4% 11/15/2027 USD SR LIEN NEXT CALL DT. 08 15	17,995	18,419
JPMORGAN CHASE & CO. HYBRID 09/22/2027 USD SER FXD	29,392	30,403
INTERCONTINENTAL EXCHANGE, INC 4.0% 09/15/2027 USD	56,872	57,625
BANK OF AMERICA CORPORATION HYBRID 07/22/2027 USD	29,024	29,793
MORGAN STANLEY HYBRID MTN 07/20/2027 USD SR LIEN	28,661	29,675
ENERGY TRANSFER OPERATNG 5.5% 06/01/2027 USD SER	17,898	18,312
NEXTERA ENERGY CAPITAL 3.55% 05/01/2027 USD SR LIEN	23,906	24,509
PHILIP MORRIS INTL INC 5.125% 11/17/2027 USD SR LIEN	13,906	14,254
TORONTO-DOMINION BANK MTN 4.98% 04/05/2027 USD SR	17,827	18,276
GS FS TRSY INSTRUMENTS MM FUND MUTUAL FUND	40,775	40,775
SIMON PROPERTY GROUP, L.P. 3.25% 11/30/2026 USD SR LIEN	40,572	41,068
HP INC. 2.2% 06/17/2025 SR LIEN NEXT CALL DT. 05 17 25 S&P	68,122	68,204
BUNGE LIMITED FINANCE CORP. 3.25% 08/15/2026 USD SR	29,021	29,674
TORONTO-DOMINION BANK (THE) MTN 5.532% 07/17/2026	19,059	19,696
WESTPAC BANKING CORPORATION 2.7% 08/19/2026 USD SR	35,810	36,316
BHP BILLITON FINANCE (USA) LIM 5.25% 09/08/2026 USD SR	56,821	57,502
TORONTO-DOMINION BANK (THE) MTN 1.25% 09/10/2026	41,389	41,727
HONEYWELL INTERNATIONAL INC. 2.5% 11/01/2026 USD SR	68,945	69,795
AMERICAN EXPRESS COMPANY 1.65% 11/04/2026 USD SR	29,044	29,458

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

THE TALLENT FOUNDATION

EIN:

85-4108602

Name of Stock	End of Year Book Value	End of Year Fair Market Value
WORKDAY, INC. CMN CLASS A (WDAY)	28,412	27,867
WEST PHARMACEUTICAL SERVICES INC (WST)	25,388	31,446
VISA INC. CMN CLASS A (V)	34,212	52,147
VERISK ANALYTICS, INC. CMN (VRSK)	16,323	24,789
VERALTO CORPORATION CMN (VLTO)	19,232	23,757
UBER TECHNOLOGIES, INC. CMN (UBER)	23,888	30,220
SERVICENOW INC CMN (NOW)	19,923	54,066
THERMO FISHER SCIENTIFIC INC CMN (TMO)	23,244	22,389
KLA CORP CMN (KLAC)	24,831	23,314
THE PROGRESSIVE CORPORATION CMN (PGR)	38,417	44,567
NVIDIA CORPORATION CMN (NVDA)	12,655	102,463
MSCI INC. CMN (MSCI)	18,586	24,000
MONOLITHIC POWER SYSTEMS, INC. CMN (MPWR)	16,725	27,276
KKR & CO. INC. CMN (KKR)	37,081	57,389
MARVELL TECHNOLOGY, INC. CMN (MRVL)	21,859	55,888
MICROSOFT CORPORATION CMN (MSFT)	57,133	84,722
TRADE DESK, INC.	9,032	8,227
INTUITIVE SURGICAL, INC. CMN (ISRG)	18,286	19,834
CHIPOTLE MEXICAN GRILL, INC. CMN (CMG)	12,445	25,025
GE AEROSPACE CMN (GE)	20,727	19,213
GS FINANCIAL SQUARE TREASURY INSTRUMENTS FUND - FST	21,053	21,053
FORTIVE CORPORATION CMN (FTV)	12,193	14,250
ECOLAB INC. CMN (ECL)	11,544	18,798
DATADOG, INC. CMN CLASS A (DDOG)	16,659	18,433
DANAHER CORPORATION CMN (OHR)	34,043	34,243
CARRIER GLOBAL CORPORATION CMN (CARR)	11,358	11,344
INTUIT INC CMN (INTU)	34,115	54,051
ARTHUR J GALLAGHER & CO CMN (AJG)	32,872	38,036
ARES MANAGEMENT CORPORATION CMN CLASS A (ARES)	26,368	31,334
AMAZON.COM INC CMN (AMZN)	51,408	98,945
ALPHABET INC. CMN CLASS A (GOOGL)	24,904	49,029
AIRBNB, INC. CMN CLASS A (ABNB)	34,394	29,304
AGILENT TECHNOLOGIES, INC. CMN (A)	15,678	16,420
US DOLLAR	35	35
ON SEMICONDUCTOR CORPORATION CMN (ION)	23,298	19,293
TAIWAN SEMICONDUCTOR MGF ADS LTD	50,755	51,276
EATON CORP PLC CMN (ETN)	29,373	29,536
AGNC INVESTMENT CORP CMN (AGNC)	14,426	13,706
ZOETIS INC. CMN CLASS A (ZTS)	43,432	37,963
WALT DISNEY COMPANY (THE) CMN (DIS)	40,144	45,859
TOPBUILD CORP. CMN (BLD)	23,845	18,058
SHERWIN-WILLIAMS CO CMN (SHW)	12,933	18,356
SERVICENOW INC CMN (NOW)	29,917	41,345
SAIA, INC. CMN (SAIA)	22,978	36,003
BERKSHIRE HATHAWAY INC. CLASS B (BRKB)	8,897	9,972
O'REILLY AUTOMOTIVE, INC. CMN (ORLY)	26,202	33,202
NVIDIA CORPORATION CMN (NVDA)	8,226	73,860
COCA-COLA CONSOLIDATED INC CMN (COKE)	8,928	10,080
MONOLITHIC POWER SYSTEMS, INC. CMN (MPWR)	31,674	39,135
MICROSOFT CORPORATION CMN (MSFT)	38,933	69,548
META PLATFORMS INC-CLASS A CMN (META)	35,649	35,716
KOSMOS ENERGY LTD. CMN (KOS)	20,769	11,967
JPMORGAN CHASE & CO CMN (JPM)	24,486	38,114
INTUIT INC CMN (INTU)	29,452	30,168
INTERCONTINENTAL EXCHANGEINC CMN (ICE)	30,466	42,766
EXPAND ENERGY CORP CMN (EXE)	25,616	25,983
DOORDSASH INC CMN CLASS A (DASH)	21,524	32,040
DANAHER CORPORATION CMN (OHR)	26,645	27,119
CORTEVA, INC. CMN (CTVA)	32,208	31,898
COMFORT SYSTEMS USA INC COMMON STOCK (FIX)	22,115	30,532
US DOLLAR	218	218
BECTON, DICKINSON AND COMPANY CMN (BDX)	20,118	19,284
GS FINANCIAL SQUARE TREASURY INSTRUMENTS FUND - FST	11,484	11,484
PARKER-HANNIFIN CORP. CMN (PH)	4,327	9,540
GS TACTICAL TILT OVERLAY FUND CLASS P (GSLPX)	1,300,461	1,255,114
GS STRATEGIC FACTOR ALLOCATION FUND CLASS P (GSQPX)	1,315,531	1,238,518
GS GQG PARTNERS INTERNATIONAL OPPORTUNITIES FU	1,307,933	1,215,948
MFS INTERNATIONAL EQUITY FUND CLASS R6	1,607,858	1,580,949
CATERPILLAR INC (DELAWARE) CMN (CAT)	10,414	18,501
CANADIAN IMPERIAL BANK OF COMM	175,000	247,147
BLACKROCK ADVANTAGE SMALL CAP CORE FUND	762,789	729,664
ISHARES S&P500 INDEX FUND CLASS G	3,611,585	3,795,825
EATON VANCE INCOME FUND OF BOSTON	1,930,399	1,940,233
MEDTRONIC PUBLIC LIMITED COMPA CMN (MDT)	16,917	16,885
JPMORGAN CHASE & CO.	175,000	244,545
ACCENTURE PLC CMN CLASS A (ACN)	10,005	10,202
PFIZER INC. CMN (PFE)	30,945	25,708
EXTRA SPACE STORAGE INC. CMN (EXR)	13,365	15,558
SBA COMMUNICATIONS CORPORATION CMN (SBAC)	18,056	16,304
THE HOME DEPOT, INC. CMN (HD)	9,623	11,670
WELLS FARGO & CO (NEW) CMN (WFC)	6,881	12,011
WASTE MANAGEMENT INC CMN (WM)	16,571	20,381
VISA INC. CMN CLASS A (V)	12,346	18,962
TARGET CORPORATION CMN (TGT)	17,952	18,520
UNION PACIFIC CORP. CMN (UNP)	16,506	17,787
TEXAS INSTRUMENTS INC. CMN (TXN)	29,451	32,064
SYSCO CORPORATION CMN (SYY)	27,164	26,455
STARBUCKS CORP. CMN (SBUX)	12,792	13,961
SS&C TECHNOLOGIES HOLDINGS, IN CMN (SSNC)	13,809	20,082
AON PUBLIC LIMITED COMPANY CMN (AON)	21,525	22,268
REGAL REXNORD CORP CMN (RRX)	14,304	16,636
PEPSICO, INC. CMN (PEP)	0	115
NASDAQ INC. CMN (NDAQ)	13,796	16,931
CADENCE DESIGN SYSTEMS INC CMN (CONS)	21,252	33,652
INTERNATIONAL PAPER CO. CMN (IP)	8,602	11,141
MARTIN MARIETTA MATERIALS.INC CMN (MLM)	10,293	13,429
LULULEMON ATHLETICA INC. CMN (LULU)	12,216	17,208
LABORATORY CORPORATION OF AMER CMN (LH)	19,369	21,327
L3HARRIS TECHNOLOGIES INC CMN (LHX)	17,160	16,192
KEYCORP CMN (KEY)	13,723	16,472
DEERE & COMPANY CMN (DE)	15,589	17,863
HCA HEALTHCARE, INC CMN (HCA)	12,012	18,909
HARTFORD FINANCIAL SRVCS GROUP CMN (HIG)	9,313	15,389
GENERAL MOTORS COMPANY CMN (GM)	20,452	27,860
FREEPORT-MCMORAN INC CMN (FCX)	13,968	13,633
FERGUSON ENTERPRISES INC CMN (FERG)	14,393	15,870
ALPHABET INC. CMN CLASS A (GDOGL)	26,703	53,004
DOMINION ENERGY INC CMN (D)	11,723	12,280
N V R INC CMN (NVR)	9,281	16,358
DIAMONDBACK ENERGY INC CMN (FANG)	22,530	22,609
CONOCOPHILLIPS CMN (COP)	38,929	38,974
COLGATE-PALMOLIVE CO CMN (COP)	19,362	18,909
CARMAX, INC. CMN (KMX)	18,111	22,975
BUILDERS FIRSTSOURCE, INC. CMN (BLDR)	13,849	12,292
BERKSHIRE HATHAWAY INC. CLASS B (BRKB)	32,390	36,716
BECTON, DICKINSON AND COMPANY CMN (BDX)	21,872	20,872
BANK OF AMERICA CORP CMN (BAC)	29,008	36,742
AMERICAN INTL GROUP, INC. CMN (AIG)	31,624	46,155
AMAZON.COM INC CMN (AMZN)	8,523	20,403
ALLSTATE CORPORATION COMMON STOCK (ALL)	3,841	7,179
ABBVIE INC CMN (ABBV)	6,482	10,307
ABBOTT LABORATORIES CMN (ABT)	33,657	36,195
GS FINANCIAL SQUARE GOVERNMENT FUND (FGTXX)	47,477	47,477
U S DOLLAR	492	492
AMAZON.COM INC CMN (AMZN)	25,799	68,450
DYNATRACE HOLDINGS LLC CMN (OT)	20,395	28,425

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

THE TALLENT FOUNDATION

EIN:

85-4108602

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
APTITUDE PARTNERS(LEVERED)LP	AT COST	375,000	409,540
VINTAGE IX B-OFFSHORE	AT COST	136,020	204,336
PRIVATE EQUITY MANAGERS 2022-OFFSHORE	AT COST	99,020	94,781
PRIVATE EQUITY MANAGERS 2023-OFFSHORE	AT COST	23,749	21,460
PRIVATE EQUITY STRATEGIES 2024	AT COST	110,468	110,468
PRIVATE CREDIT MANAGERS IV- OFFSHORE	AT COST	235,695	295,992
JAIN GLOBAL ACCESS LLC	AT COST	500,000	500,000
HEDGE FUND SELECT: BREVAN HOWARD MASTER	AT COST	500,000	534,800
HEDGE FUND SELECT: POINT 72 CAPITAL LLTD	AT COST	500,000	652,305
PRIVATE EQUITY STRATEGIES 2022	AT COST	369,969	369,969

- TIN:

TY 2024 LegalFeesSchedule

Name:

THE TALLENT FOUNDATION

EIN:

85-4108602

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	197	98		99

- TIN:

TY 2024 OtherAssetsSchedule

Name:

THE TALLENT FOUNDATION

EIN:

85-4108602

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
DUE FROM INVESTMENTS	4,465,182	489,660	489,660

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

THE TALLENT FOUNDATION

EIN:

85-4108602

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
PARTNERSHIP LOSS	-26,094	-24,260	-26,094

- TIN:

TY 2024 OtherIncreasesSchedule

Name:

THE TALLENT FOUNDATION

EIN:

85-4108602

Description	Amount
BASIS ADJUSTMENT	8,004

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

THE TALLENT FOUNDATION

EIN:

85-4108602

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES	59,678	59,616		0

- TIN:

TY 2024 TaxesSchedule

Name:

THE TALLENT FOUNDATION

EIN:

85-4108602

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	4,740	4,520		0
FEDERAL TAXES	100	0		0