Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 08-01-2024 , and ending 07-31-2025
Name of foundation
UW E J MADDEN MEM OPEN HEARTS CLUB 10-214880
 
Number and street (or P.O. box number if mail is not delivered to street address)66 HUDSON BOULEVARD EAST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10001
A Employer identification number

13-6744780
B Telephone number (see instructions)

(212) 525-0561
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$2,097,736J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 42,686 42,396  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 131,504
b Gross sales price for all assets on line 6a 546,247
7 Capital gain net income (from Part IV, line 2)... 131,504
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 174,190 173,900  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 27,282 21,826   5,456
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,876 363   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
250     250
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 31,408 22,189 0 5,706
25 Contributions, gifts, grants paid....... 307,141 307,141
26 Total expenses and disbursements. Add lines 24 and 25 338,549 22,189 0 312,847
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -164,359
b Net investment income (if negative, enter -0-) 151,711
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 25,754 33,941 33,941
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
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)....... 589,516 Click to see attachment
List of Attached Documents:
// Content
504,860 		1,150,291
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 880,505 Click to see attachment
List of Attached Documents:
// Content
798,298 		913,504
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,495,775 1,337,099 2,097,736
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,495,775 1,337,099
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,495,775 1,337,099
30 Total liabilities and net assets/fund balances (see instructions). 1,495,775 1,337,099
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,495,775
2
Enter amount from Part I, line 27a .....................
2
-164,359
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
5,683
4
Add lines 1, 2, and 3 ..........................
4
1,337,099
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,337,099
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 16. ABBVIE INC   2022-06-28 2024-08-28
b 3. ABBVIE INC   2022-06-28 2024-11-07
c 16. ABBVIE INC   2022-06-28 2025-02-06
d 1. ADOBE SYS INC   2023-06-30 2024-11-07
e 5. ADOBE SYS INC   2023-06-30 2025-02-06
11. ADOBE SYS INC   2025-03-10 2025-06-03
4. ADOBE SYS INC     2025-06-03
5. ALPHABET INC-CL A   2008-03-20 2024-11-07
31. ALPHABET INC-CL A   2008-03-20 2025-02-06
5. AMAZON COM INC   2022-11-07 2024-11-07
27. AMAZON COM INC   2022-11-07 2025-02-06
1. AMERICAN TOWER CORP   2024-08-28 2024-11-07
7. AMERICAN TOWER CORP   2024-08-28 2025-02-06
1. AMGEN   2024-01-04 2024-11-07
7. AMGEN   2024-01-04 2025-02-06
8. ELEVANCE HEALTH INC     2024-08-28
1. ELEVANCE HEALTH INC   2022-06-28 2024-11-07
7. ELEVANCE HEALTH INC   2024-01-22 2024-12-10
23. ELEVANCE HEALTH INC     2024-12-10
5. APPLE COMPUTER INC   2006-07-26 2024-11-07
32. APPLE COMPUTER INC   2006-07-26 2025-02-06
1. ARISTA NETWORKS INC   2024-08-06 2024-11-07
25. ARISTA NETWORKS INC   2024-08-06 2025-02-06
3. BLACKSTONE INC   2024-02-15 2024-11-07
19. BLACKSTONE INC   2024-02-15 2025-02-06
65. BOEING CO     2024-08-28
25. BROADCOM INC   2017-11-02 2024-08-28
17. BROADCOM INC   2017-11-02 2024-09-27
5. BROADCOM INC   2017-11-02 2024-11-07
34. BROADCOM INC   2017-11-02 2025-02-06
55. BROADCOM INC   2017-11-02 2025-02-24
3. CAPITAL ONE FINL CORP   2024-02-15 2024-11-07
16. CAPITAL ONE FINL CORP   2024-02-15 2025-02-06
1. CHENIERE ENERGY INC   2022-08-29 2024-11-07
7. CHENIERE ENERGY INC   2022-08-29 2025-02-06
2. CHEVRONTEXACO CORP   2016-02-24 2024-11-07
9. CHEVRONTEXACO CORP   2016-02-24 2025-02-06
2. CHIPOTLE MEXICAN GRILL INC   2020-03-23 2024-11-07
18. CHIPOTLE MEXICAN GRILL INC     2025-02-06
37. CHIPOTLE MEXICAN GRILL INC   2020-03-23 2025-07-31
5. CITIGROUP INC   2024-06-20 2024-11-07
36. CITIGROUP INC   2024-06-20 2025-02-06
240. CITIGROUP INC     2025-04-04
2. CONOCOPHILLIPS   2022-01-07 2024-11-07
11. CONOCOPHILLIPS   2022-01-07 2025-02-06
69. CONOCOPHILLIPS   2022-01-07 2025-03-18
2. CONSTELLATION ENERGY   2024-06-20 2024-11-07
12. CONSTELLATION ENERGY   2024-05-10 2025-02-06
1. COSTCO WHSL CORP NEW   2023-10-11 2024-11-07
5. COSTCO WHSL CORP NEW   2023-10-11 2025-02-06
2. CROWDSTRIKE HOLDINGS INC - A   2024-05-10 2024-11-07
9. CROWDSTRIKE HOLDINGS INC - A   2024-05-10 2025-02-06
14. CROWDSTRIKE HOLDINGS INC - A   2024-05-10 2025-03-10
7. DANAHER CORP   2024-12-10 2025-02-06
14. DANAHER CORP   2024-12-10 2025-07-31
2. EMERSON ELEC CO   2024-04-16 2024-11-07
18. EMERSON ELEC CO   2024-04-16 2025-02-06
121. EMERSON ELEC CO   2024-04-16 2025-04-04
1. META PLATFORMS INC-CLASS A   2024-05-06 2024-11-07
6. META PLATFORMS INC-CLASS A   2024-05-06 2025-02-06
2. FISERV INC   2024-03-20 2024-11-07
13. FISERV INC   2024-03-20 2025-02-06
1. HOME DEPOT INC   2015-04-20 2024-11-07
7. HOME DEPOT INC   2015-04-20 2025-02-06
2. INTERCONTINENTAL EXCHANGE IN   2024-08-28 2024-11-07
9. INTERCONTINENTAL EXCHANGE IN   2024-08-28 2025-02-06
7. INTUITIVE SURGICAL INC   2024-03-01 2024-09-27
1. INTUITIVE SURGICAL INC   2024-03-01 2024-11-07
6. INTUITIVE SURGICAL INC     2025-02-06
10. INTUITIVE SURGICAL INC   2024-01-19 2025-03-10
150. ISHARES MSCI SWEDEN ETF   2024-06-06 2024-11-04
8. ISHARES MSCI SPAIN ETF     2024-11-07
63. ISHARES MSCI SPAIN ETF   2024-03-18 2025-02-06
450. ISHARES CORE U.S. AGGREGATE   2020-05-06 2025-02-06
11. ISHARES RUSSELL MID-CAP VALU   2020-01-07 2024-11-07
75. ISHARES RUSSELL MID-CAP VALU   2020-01-07 2025-02-06
13. ISHARES RUSSELL MID-CAP GROW   2015-05-13 2024-11-07
86. ISHARES RUSSELL MID-CAP GROW   2015-05-13 2025-02-06
6. ISHARES-RUSSELL 2000 VALUE INDEX FD   2020-01-07 2024-11-07
39. ISHARES-RUSSELL 2000 VALUE INDEX FD   2020-01-07 2025-02-06
3. ISHARES RUSSELL 2000 GROWTH   2017-09-12 2024-11-07
21. ISHARES RUSSELL 2000 GROWTH   2017-09-12 2025-02-06
13. ISHARES-S&P SMALL CAP 600 INDEX FD   2024-11-04 2024-11-07
81. ISHARES-S&P SMALL CAP 600 INDEX FD     2025-02-06
3. ISHARES JP MORGAN USD EMERGI   2021-07-16 2025-02-06
66. ISHARES IBOXX HIGH YLD CORP     2025-02-06
7. ISHARES MSCI EAFE VALUE ETF   2017-09-12 2024-11-07
55. ISHARES MSCI EAFE VALUE ETF   2017-09-12 2025-02-06
5. ISHARES MSCI EAFE GROWTH ETF   2017-09-12 2024-11-07
27. ISHARES MSCI EAFE GROWTH ETF   2017-09-12 2025-02-06
5. ISHARES MSCI INDIA ETF   2024-03-18 2024-11-07
40. ISHARES MSCI INDIA ETF   2024-03-18 2025-02-06
19. ISHARES CORE MSCI EAFE ETF   2021-05-18 2024-11-07
138. ISHARES CORE MSCI EAFE ETF     2025-02-06
10. ISHARES MSCI JAPAN ETF   2024-03-18 2024-11-07
58. ISHARES MSCI JAPAN ETF   2024-03-18 2025-02-06
295. ISHARES INTL AGGREGATE BOND     2025-02-06
2. J P MORGAN CHASE & CO   2023-05-09 2024-11-07
16. J P MORGAN CHASE & CO     2025-02-06
4. LILLY ELI & CO     2024-09-27
1. LILLY ELI & CO   2024-01-04 2024-11-07
4. LILLY ELI & CO   2024-01-04 2025-02-06
3. MICROSOFT CORP   2022-02-08 2024-11-07
19. MICROSOFT CORP     2025-02-06
4. MORGAN STANLEY DEAN WITTER DISCOVER   2021-07-20 2024-11-07
27. MORGAN STANLEY DEAN WITTER DISCOVER   2021-07-20 2025-02-06
4. NETFLIX INC   2023-10-03 2024-09-27
1. NETFLIX INC   2023-10-03 2024-11-07
4. NETFLIX INC   2023-10-03 2025-02-06
7. NETFLIX INC   2023-10-03 2025-03-10
126. NEXTERA ENERGY INC   2025-04-04 2025-06-03
11. NVIDIA CORP   2023-08-14 2024-11-07
70. NVIDIA CORP     2025-02-06
54. PACCAR INC   2023-10-03 2024-08-06
153. PACCAR INC     2024-08-06
2. PALO ALTO NETWORKS INC   2021-11-15 2024-11-07
21. PALO ALTO NETWORKS INC     2025-02-06
34. PALO ALTO NETWORKS INC     2025-03-10
3. PEPSICO INC   2023-07-18 2024-11-07
15. PEPSICO INC   2023-07-18 2025-02-06
39. PEPSICO INC   2023-07-18 2025-03-18
64. PEPSICO INC     2025-05-08
5. PUBLIC SERVICE ENTERPRISE GROUP INC   2023-07-18 2024-11-07
37. PUBLIC SERVICE ENTERPRISE GROUP INC   2023-07-18 2025-02-06
4. PULTE CORP   2023-06-30 2024-11-07
28. PULTE CORP   2023-06-30 2025-02-06
2. QUANTA SVCS INC   2023-10-03 2024-11-07
13. QUANTA SVCS INC     2025-02-06
21. QUANTA SVCS INC   2021-09-14 2025-03-10
250. SPDR BLOOMBERG EM BOND   2020-11-05 2025-02-06
2. SALESFORCE INC   2013-07-16 2024-11-07
7. SALESFORCE INC   2013-07-16 2025-02-06
1. SCHLUMBERGER LTD   2024-08-28 2024-11-07
16. SCHLUMBERGER LTD   2024-08-28 2025-02-06
1. SERVICENOW INC   2023-07-18 2024-11-07
5. SERVICENOW INC     2025-02-06
6. SERVICENOW INC   2023-05-23 2025-03-10
2. TJX COS INC NEW   2022-11-22 2024-11-07
13. TJX COS INC NEW   2022-11-22 2025-02-06
1. THERMO FISHER SCIENTIFIC INC   2024-05-02 2024-11-07
2. THERMO FISHER SCIENTIFIC INC   2024-05-02 2025-02-06
3. THERMO FISHER SCIENTIFIC INC   2011-10-28 2025-02-06
10. THERMO FISHER SCIENTIFIC INC   2011-10-28 2025-07-31
1. UNITED RENTALS INC   2019-04-02 2024-11-07
3. UNITED RENTALS INC   2019-04-02 2025-02-06
14. UNITED RENTALS INC   2019-04-02 2025-04-04
2. VALERO REFNG & MARKETING CO   2022-08-19 2024-11-07
14. VALERO REFNG & MARKETING CO   2022-08-19 2025-02-06
1. VERTEX PHARMACEUTICALS INC   2024-03-01 2024-11-07
6. VERTEX PHARMACEUTICALS INC   2024-03-01 2025-02-06
10. VERTEX PHARMACEUTICALS INC     2025-07-31
6. WALMART STORES INC   2021-08-17 2024-11-07
44. WALMART STORES INC     2025-02-06
5. WELLS FARGO & CO NEW   2021-02-18 2024-11-07
34. WELLS FARGO & CO NEW   2021-02-18 2025-02-06
2. WELLTOWER INC   2024-09-27 2024-11-07
12. WELLTOWER INC   2024-09-27 2025-02-06
1. EATON CORP PLC   2024-04-16 2024-11-07
5. EATON CORP PLC   2024-04-16 2025-02-06
1. LINDE PLC   2019-04-08 2024-11-07
5. LINDE PLC   2019-04-08 2025-02-06
2. TRANE TECHNOLOGIES PLC   2024-08-06 2024-11-07
6. TRANE TECHNOLOGIES PLC   2024-08-06 2025-02-06
2. CHUBB LTD   2022-02-10 2024-11-07
12. CHUBB LTD   2022-02-10 2025-02-06
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,111   2,478 633
b 600   465 135
c 3,097   2,478 619
d 500   491 9
e 2,179   2,454 -275
4,497   4,827 -330
1,635   1,534 101
902   54 848
5,912   333 5,579
1,047   453 594
6,410   2,446 3,964
196   225 -29
1,321   1,577 -256
321   302 19
2,091   2,117 -26
4,386   3,929 457
426   487 -61
2,731   3,314 -583
8,972   10,816 -1,844
1,136   11 1,125
7,435   73 7,362
429   325 104
2,854   2,030 824
528   387 141
3,296   2,449 847
11,082   14,509 -3,427
3,964   648 3,316
2,939   441 2,498
916   130 786
7,776   881 6,895
11,782   1,425 10,357
557   410 147
3,277   2,184 1,093
201   166 35
1,517   1,165 352
314   170 144
1,360   763 597
117   23 94
1,022   210 812
1,604   431 1,173
341   304 37
2,938   2,186 752
13,623   14,255 -632
224   160 64
1,088   879 209
6,839   5,513 1,326
487   448 39
3,706   2,581 1,125
914   562 352
5,223   2,811 2,412
663   644 19
3,744   2,897 847
4,326   4,507 -181
1,465   1,652 -187
2,839   3,305 -466
254   224 30
2,270   2,012 258
11,381   13,524 -2,143
593   459 134
4,230   2,756 1,474
416   310 106
2,986   2,012 974
398   113 285
2,892   791 2,101
312   322 -10
1,505   1,448 57
3,355   2,781 574
522   397 125
3,516   2,261 1,255
4,866   3,726 1,140
6,028   6,374 -346
267   258 9
2,142   1,950 192
43,978   52,402 -8,424
1,493   1,036 457
9,966   7,064 2,902
1,668   640 1,028
11,745   4,231 7,514
1,061   766 295
6,565   4,977 1,588
920   516 404
6,263   3,609 2,654
1,605   1,499 106
9,571   9,034 537
273   338 -65
5,250   5,295 -45
388   378 10
3,068   2,973 95
511   389 122
2,770   2,099 671
273   254 19
2,031   2,029 2
1,417   1,442 -25
10,279   9,699 580
698   706 -8
4,017   4,094 -77
14,859   16,336 -1,477
472   272 200
4,377   1,429 2,948
3,530   3,180 350
799   625 174
3,465   2,501 964
1,277   913 364
7,882   5,534 2,348
514   371 143
3,798   2,507 1,291
2,826   1,519 1,307
796   380 416
4,018   1,519 2,499
6,033   2,658 3,375
8,890   9,014 -124
1,628   478 1,150
8,896   3,040 5,856
5,007   4,533 474
14,187   9,688 4,499
772   346 426
3,936   1,817 2,119
5,955   2,909 3,046
493   554 -61
2,181   2,770 -589
5,820   7,202 -1,382
8,443   10,848 -2,405
421   312 109
3,089   2,310 779
521   311 210
3,058   2,176 882
637   342 295
3,995   1,674 2,321
4,922   2,437 2,485
4,998   6,586 -1,588
621   84 537
2,318   293 2,025
43   44 -1
636   703 -67
1,019   600 419
5,105   2,712 2,393
4,765   3,026 1,739
233   159 74
1,639   1,032 607
555   570 -15
1,141   1,139 2
1,711   155 1,556
4,815   515 4,300
866   119 747
2,234   356 1,878
7,728   1,660 6,068
271   237 34
1,872   1,658 214
502   433 69
2,890   2,598 292
4,668   4,300 368
505   304 201
4,501   1,717 2,784
350   184 166
2,753   1,251 1,502
273   254 19
1,700   1,525 175
360   316 44
1,571   1,580 -9
466   185 281
2,292   926 1,366
787   641 146
2,132   1,922 210
557   422 135
3,267   2,529 738
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
      3
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       633
b       135
c       619
d       9
e       -275
      -330
      101
      848
      5,579
      594
      3,964
      -29
      -256
      19
      -26
      457
      -61
      -583
      -1,844
      1,125
      7,362
      104
      824
      141
      847
      -3,427
      3,316
      2,498
      786
      6,895
      10,357
      147
      1,093
      35
      352
      144
      597
      94
      812
      1,173
      37
      752
      -632
      64
      209
      1,326
      39
      1,125
      352
      2,412
      19
      847
      -181
      -187
      -466
      30
      258
      -2,143
      134
      1,474
      106
      974
      285
      2,101
      -10
      57
      574
      125
      1,255
      1,140
      -346
      9
      192
      -8,424
      457
      2,902
      1,028
      7,514
      295
      1,588
      404
      2,654
      106
      537
      -65
      -45
      10
      95
      122
      671
      19
      2
      -25
      580
      -8
      -77
      -1,477
      200
      2,948
      350
      174
      964
      364
      2,348
      143
      1,291
      1,307
      416
      2,499
      3,375
      -124
      1,150
      5,856
      474
      4,499
      426
      2,119
      3,046
      -61
      -589
      -1,382
      -2,405
      109
      779
      210
      882
      295
      2,321
      2,485
      -1,588
      537
      2,025
      -1
      -67
      419
      2,393
      1,739
      74
      607
      -15
      2
      1,556
      4,300
      747
      1,878
      6,068
      34
      214
      69
      292
      368
      201
      2,784
      166
      1,502
      19
      175
      44
      -9
      281
      1,366
      146
      210
      135
      738
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 131,504
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 2,109
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 2,109
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 2,109
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 1,883
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,883
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 226
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowHSBC BANK USA Telephone no.right arrow (212) 525-0561

Located atright arrow1 WEST 39TH STREET 5TH FLRNEW YORKNY ZIP+4right arrow10018
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
HSBC BANK USA TRUSTEE
0 		27,282    
66 HUDSON BOULEVARD
NEW YORK,NY10001
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
2,092,453
b
Average of monthly cash balances.......................
1b
21,727
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
2,114,180
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
2,114,180
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
31,713
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,082,467
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
104,123
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
104,123
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
2,109
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,109
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
102,014
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
102,014
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
102,014
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
312,847
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
312,847
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 102,014
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...... 10,328
b From 2020...... 87,069
c From 2021...... 16,914
d From 2022...... 8,136
e From 2023...... 4,646
f Total of lines 3a through e ........ 127,093
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 312,847
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..... 102,014
e Remaining amount distributed out of corpus 210,833
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 5 337,926
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) ... 		10,328
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		327,598
10 Analysis of line 9:
a Excess from 2020.... 87,069
b Excess from 2021.... 16,914
c Excess from 2022.... 8,136
d Excess from 2023.... 4,646
e Excess from 2024.... 210,833
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

EDWARD J MADDEN MEMORIAL
OPEN HEARTS CLUB
81 SAMPSON PARKWAY
PITTSFIELD,MA01201 		NONE PC PROGRAM SUPPORT 307,141
Total .................................right arrow 3a 307,141
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 42,686  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 131,504  
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) ..   174,190  
13Total. Add line 12, columns (b), (d), and (e)..................
13
174,190
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 InvestmentsCorpStockSchedule
Name:
UW E J MADDEN MEM OPEN HEARTS CLUB 10-214880
EIN:
13-6744780
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS    
ABBVIE INC 15,770 20,782
ADOBE SYS INC 1,549 8,942
AEROVIRONMENT INC    
ALPHABET INC CL A 2,266 40,491
AMAZON.COM INC 4,084 43,310
AMERICAN EXPRESS CO    
APPLE INC 495 45,250
APPLIED MATERIALS INC    
BALL CORP    
BECTON DICKINSON    
BLACKROCK INC CLASS A    
BLACKSTONE GROUP INC ( THE ) C 8,544 22,312
BRISTOL MYERS SQUIBB CO    
BROADCOM INC 4,509 51,104
CHEVRON CORPORATION 4,916 8,795
CHIPOTLE MEXICAN GRILL INC 1,082 3,988
CME GROUP INC.    
COMCAST CORP-CL A    
CONOCOPHILLIPS    
CONSTELLATION BRANDS INC    
DANAHER CORP 11,616 10,252
DISNEY WALT CO NEW    
DOLLAR GENERAL CORP    
EQUINIX INC REIT    
FACEBOOK INC-A    
FISERV INC 13,012 11,949
FORTIVE CORPORATION    
GENERAC HOLDINGS    
HOME DEPOT INC 4,974 16,170
HONEYWELL INTERNATIONAL INC    
HUNTINGTON INGALLS INDUSTRIES    
INTERCONTINENTAL EXCHANGE INC 9,650 11,090
INTL. BUSINESS MACHINES CORP    
INTUITIVE SURGICAL INC 11,135 14,914
IQVIA HOLDINGS INC    
JOHNSON & JOHNSON    
JP MORGAN CHASE & CO 2,959 30,216
KIMBERLY CLARK CORP    
LAUDER ESTEE COS CL-A    
LULULEMON ATH-WI    
MCDONALDS CORP    
MICROSOFT CORP 5,892 68,288
NIKE INC-CLASS B    
NVIDIA CORP 7,703 86,978
PAYPAL HOLDINGS INC    
QUALCOMM INC    
SALESFORCE.COM 1,882 11,625
THERMO FISHER SCIENTIFIC INC 1,133 10,289
UNITED RENTALS INC    
UNITEDHEALTH GROUP INC    
VISA INC-CLASS A 14,068 14,164
WAL MART STORES INC    
WASTE MANAGEMENT INTERNATIONAL    
WELLS FARGO & CO 8,539 18,706
ZIMMER BIOMET HOLDINGS INC    
IHS MARKIT LTD    
LINDE PLC 5,964 15,189
AECOM    
AMERICAN TOWER CORP REAL ESTAT 9,459 8,752
ARAMARK    
CRANE CO    
MORGAN STANLEY 9,219 25,823
OSHKOSH CORP    
SCHLUMBERGER LTD 9,695 7,706
SOUTHWEST AIRLINES CO    
SQUARE INC CL A    
THE WALT DISNEY COMPANY    
VULCAN MATLS CO    
WORKDAY INC CLASS A    
JANUS HENDERSON GROUP PLC    
AMERICAN ELEC PWR INC    
BJS WHOLESALE CLUB HOLDINGS    
CHARLES SCHWAB CORP    
CRANE HOLDINGS CP    
CVS HEALTH CORPORATION    
ELEVANCE HEALTH INC    
PACCAR INC COM    
PALO ALTO NETWORKS 9,139 19,270
QUANTA SERVICES INCORPORATED 7,660 26,805
RLI CORP    
SERVICE CORP INTERNATIONAL    
SVB FINANCIAL GROUP    
TARGET CORP    
TESLA INC    
VALERO ENERGY CORP 10,968 12,875
VERIZON COMMUNICATIONS    
CHUBB LIMITED 15,863 20,219
CHENIERE ENERGY INC 11,742 15,096
CISCO SYSTEMS INC    
CONAGRA BRANDS INC    
COSTCO WHOLESALE CORP 15,507 26,310
META PLATFORMS INC 12,120 32,484
PEPSICO INC    
PUBLIC SERVICE ENTERPRISE GROU 16,298 23,435
PULTEGROUP INC 13,825 21,342
ROCKWELL AUTOMATION INC    
SERVICENOW INC 9,990 19,806
TJX COS INC/THE 6,907 10,834
TMOBILE US INC    
TRACTOR SUPPLY CO    
WALMART INC 7,977 29,688
AMGEN INC 17,637 17,116
ARISTA NETWORKS INC 12,172 21,071
BOEING CO    
CAPITAL ONE FINANCIAL CORP 14,184 23,220
CITIGROUP INC    
CONSTELLATION ENERGY CORP 15,540 27,479
CROWDSTRIKE HOLDINGS INC 12,636 20,456
ELI LILLY & CO 13,132 15,541
EMERSON ELECTRIC CO    
NETFLIX INC 7,936 24,347
VERTEX PHARMA INC 13,309 14,620
EATON CORP PLC 16,777 23,083
TRANE TECHNOLOGIES PLC 11,683 17,085
COMERICA INC 4,896 5,879
NORTHROP GRUMMAN CORP 13,032 14,992
ORACLE CORP 12,735 18,018
VERTIV HOLDINGS 13,374 20,675
WELLTOWER INC 17,706 21,459

TY 2024 InvestmentsOtherSchedule2
Name:
UW E J MADDEN MEM OPEN HEARTS CLUB 10-214880
EIN:
13-6744780
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ISHARES CORE TOTAL US AGGREGAT AT COST 317,376 285,998
ISHARES IBOXX HIGH YIELD CORPO AT COST 21,378 21,703
ISHARES INTERNATIONAL AGGREGAT AT COST 83,724 77,581
ISHARES JP MORGAN USD EMERG MK AT COST 18,155 16,717
ISHARES MSCI JAPAN ETF AT COST 28,308 29,522
ISHARES CORE MSCI EAFE ETF AT COST 62,529 78,431
ISHARES CORE MSCI EMERGING ETF      
ISHARES CORE S&P SMALL CAP ETF AT COST 41,503 61,757
ISHARES GOLD TRUST      
ISHARES MSCI EAFE GROWTH ETF AT COST 14,536 20,099
ISHARES MSCI EAFE VALUE ETF AT COST 19,805 23,685
ISHARES MSCI EUROZONE ETF      
ISHARES MSCI GERMANY ETF      
ISHARES RUSSELL 2000 GROWTH ET AT COST 24,578 41,491
ISHARES RUSSELL 2000 VALUE ETF AT COST 32,909 43,466
ISHARES RUSSELL MIDCAP GROWTH AT COST 26,355 83,862
ISHARES RUSSELL MIDCAP VALUE E AT COST 48,085 70,246
ISHARES MSCI UNITED KINGDOM ET      
ISHARES MSCI UNITED KINGDOM SM      
SPDR BBG BARCLAY EM LOCAL BOND AT COST 32,435 25,852
ISHARES MSCI SPAIN ETF AT COST 13,432 19,408
ISHARES MSCI SWEDEN ETF      
ISHARES MSCI INDIA ETF AT COST 13,191 13,686

TY 2024 OtherExpensesSchedule
Name:
UW E J MADDEN MEM OPEN HEARTS CLUB 10-214880
EIN:
13-6744780
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ATTORNEY GENERAL FILING FEE 250 0   250


TY 2024 OtherIncreasesSchedule
Name:
UW E J MADDEN MEM OPEN HEARTS CLUB 10-214880
EIN:
13-6744780
Description Amount
COST BASIS ADJUSTMENT 5,683


TY 2024 TaxesSchedule
Name:
UW E J MADDEN MEM OPEN HEARTS CLUB 10-214880
EIN:
13-6744780
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAX PAYMENT - PRIOR YE 1,630 0   0
FEDERAL ESTIMATES - PRINCIPAL 1,883 0   0
FOREIGN TAXES ON QUALIFIED FOR 281 281   0
FOREIGN TAXES ON NONQUALIFIED 82 82   0