Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
GRATIS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)655 NEW YORK AVE NW
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20001
A Employer identification number

26-3639918
B Telephone number (see instructions)

(202) 414-1000
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$17,316,582J 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... 414,694 414,694  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 992,382
b Gross sales price for all assets on line 6a 4,220,798
7 Capital gain net income (from Part IV, line 2)... 992,382
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)....... Click to see attachment
List of Attached Documents:
// Content
568 568 0
12 Total. Add lines 1 through 11........ 1,407,644 1,407,644 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
129,476 129,476 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
19,743 4,743 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
43,254 0 0 43,254
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 192,473 134,219 0 43,254
25 Contributions, gifts, grants paid....... 1,000,000 1,000,000
26 Total expenses and disbursements. Add lines 24 and 25 1,192,473 134,219 0 1,043,254
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 215,171
b Net investment income (if negative, enter -0-) 1,273,425
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.............   161 161
2 Savings and temporary cash investments......... 880,561 480,037 480,037
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 2,269,861 Click to see attachment
List of Attached Documents:
// Content
2,285,629 		2,158,511
b Investments—corporate stock (attach schedule)....... 6,652,314 Click to see attachment
List of Attached Documents:
// Content
7,317,772 		10,811,923
c Investments—corporate bonds (attach schedule)....... 1,768,815 Click to see attachment
List of Attached Documents:
// Content
1,838,120 		1,746,583
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).......... 2,026,956 Click to see attachment
List of Attached Documents:
// Content
1,894,510 		2,119,367
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) 13,598,507 13,816,229 17,316,582
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 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........ 13,598,507 13,816,229
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 13,598,507 13,816,229
30 Total liabilities and net assets/fund balances (see instructions). 13,598,507 13,816,229
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
13,598,507
2
Enter amount from Part I, line 27a .....................
2
215,171
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,551
4
Add lines 1, 2, and 3 ..........................
4
13,816,229
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
13,816,229
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 PUBLICALLY TRADED SECURITIES   2024-01-01 2024-12-31
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,118,802   3,228,416 890,386
b 101,996     101,996
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       890,386
b       101,996
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 992,382
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 0
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 17,701
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 17,701
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 17,701
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 24,982
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 24,982
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 7,281
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow7,281 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowDE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
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 arrowN/A
14
The books are in care ofright arrowPWC US TAX LLP Telephone no.right arrow (202) 414-1000

Located atright arrow655 NEW YORK AVE NWWASHINGTONDC ZIP+4right arrow20001
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
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
MARY SANDRA ZACCARIA DIRECTOR
1.00 		0 0 0
C/O PWC 655 NEW YORK AVE NW
WASHINGTON,DC20001
JUSTIN ZACCARIA PRES/SECTY/TREAS
1.00 		0 0 0
C/O PWC 655 NEW YORK AVE NW
WASHINGTON,DC20001
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 arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
16,485,609
b
Average of monthly cash balances.......................
1b
841,029
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
17,326,638
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
17,326,638
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
259,900
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
17,066,738
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
853,337
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
853,337
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
17,701
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
17,701
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
835,636
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
835,636
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
835,636
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
1,043,254
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,043,254
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 7 835,636
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...... 219,103
b From 2020...... 215,236
c From 2021...... 165,702
d From 2022...... 227,842
e From 2023...... 259,754
f Total of lines 3a through e ........ 1,087,637
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,043,254
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..... 835,636
e Remaining amount distributed out of corpus 207,618
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 1,295,255
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) ... 		219,103
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		1,076,152
10 Analysis of line 9:
a Excess from 2020.... 215,236
b Excess from 2021.... 165,702
c Excess from 2022.... 227,842
d Excess from 2023.... 259,754
e Excess from 2024.... 207,618
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
WELLS FARGO PHILANTHROPIC SERVICES
WWWWELLSFARGOCOM/PRIVATE-FOUNDATION
GRATIS-FOUNDATION
WINSTON SALEM,NC27101
(888) 235-4351
bThe form in which applications should be submitted and information and materials they should include:
HTTPS://WWW.WELLSFARGO.COM/PRIVATE-FOUNDATIONS/GRATIS-FOUNDATION APPLICATION MUST BE SUBMITTED THROUGH THE ONLINE GRANT APPLICATION FORM.
cAny submission deadlines:
JANUARY 31ST, MAY 31ST AND SEPTEMBER 30TH
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE FOUNDATION DOES NOT ACCEPT GRANTS THAT WOULD BE PAYABLE TO, OR FOR THE BENEFIT OF, SPECIFIC INDIVIDUALS. THE FOUNDATION SUPPORTS PROGRAMS IN THE FIELDS OF EDUCATION, HEALTH CARE AND MEDICAL RESEARCH, HUMANITARIAN SERVICES, ABUSED AND NEGLECTED CHILDREN, AND ASSISTING U.S. MILITARY PERSONNEL AND THEIR FAMILIES.
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

AID TO VICTIMS OF DOMESTIC ABUSE INC

PO BOX 6161
DELRAY BEACH,FL33482 		NONE PC GENERAL USE 5,000

AMERICAN HUMANE ASSOCIATION

1400 16TH NW ST STE 360
WASHINGTON,DC20036 		NONE PC GENERAL USE 10,000

AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS

520 8TH AVENUE 7TH FLOOR
NEW YORK,NY10018 		NONE PC GENERAL USE 10,000

BOYS AND GIRLS CLUBS OF DORCHESTER INC

1135 DORCHESTER AVENUE
DORCHESTER,MA02125 		NONE PC GENERAL USE 10,000

CANCER RESEARCH INSTITUTE INC

9776 BONITA BEACH RD SE STE 201A
BONITA SPRINGS,FL341354775 		NONE PC GENERAL USE 15,000

CANINE COMPANIONS FOR INDEPENDENCE

8150 CLARCONA OCOEE RD
ORLANDO,FL32818 		NONE PC GENERAL USE 15,000

CAPE COD TIMES NEEDY FUND INC

PO BOX 804
HYANNIS,MA02601 		NONE PC GENERAL USE 20,000

CASA MYRNA VAZQUEZ INC

451 BLUE HILL AVENUE
BOSTON,MA02121 		NONE PC GENERAL USE 10,000

CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON INC

924 G ST
WASHINGTON,DC20001 		NONE PC GENERAL USE 5,000

CATHOLIC FOUNDATION OF SOUTHEASTERN MASSACHUSETTS

450 HIGHLAND AVENUE
FALL RIVER,MA02720 		NONE PC GENERAL USE 5,000

CHILDRENS HOSPITAL CORPORATION

401 PARK DRIVE SUITE 602
BOSTON,MA02115 		NONE PC GENERAL USE 40,000

COMMUNITY REACH OF MONTGOMERY COUNTY INC

8 W MIDDLE LN
ROCKVILLE,MD20850 		NONE PC GENERAL USE 7,500

DARBSTER FOUNDATION INC

1226 OMAR ROAD
WEST PALM BEACH,FL33405 		NONE PC GENERAL USE 2,500

DC127 INC

1225 OTIS ST
WASHINGTON,DC20017 		NONE PC GENERAL USE 7,500

DUKE UNIVERSITY

PO BOX 90581
DURHAM,NC27708 		NONE PC GENERAL USE 200,000

ELDER SERVICES OF CAPE COD

68 ROUTE 134
SOUTH DENNIS,MA02660 		NONE PC GENERAL USE 5,000

FRIENDS OF THE CHILDREN-BOSTON INC

184 DUDLEY STREET SUITE 100
ROXBURY,MA02119 		NONE PC GENERAL USE 10,000

GRANDMAS PLACE INC

184 SPARROW DRIVE
ROYAL PALM BEACH,FL33411 		NONE PC GENERAL USE 5,000

GREATER DC DIAPER BANK

5614 CONNECTICUT AVE NW 285
WASHINGTON,DC200152604 		NONE PC GENERAL USE 10,000

HIRE HEROES USA

13010 MORRIS ROAD SUITE 175
ALPHARETTA,GA30004 		NONE PC GENERAL USE 15,000

HOMELESS COALITION OF PALM BEACH COUNTY INC

810 DATURA ST
WEST PALM BEACH,FL33401 		NONE PC GENERAL USE 5,000

HUMANE SOCIETY OF THE UNITED STATES

700 PROFESSIONAL DRIVE
GAITHERSBURG,MD20879 		NONE PC GENERAL USE 7,500

INTERNATIONAL RESCUE COMMITTEE

122 EAST 42ND STREET FLOOR 12
NEW YORK,NY101681289 		NONE PC GENERAL USE 20,000

JANE DOE INC

PO BOX 960849
BOSTON,MA02196 		NONE PC GENERAL USE 10,000

K9S FOR WARRIORS INC

114 CAMP K9 ROAD
PONTE VEDRA,FL32081 		NONE PC GENERAL USE 7,500

LOGGERHEAD MARINELIFE CENTER INC

14200 US-1
JUNO BEACH,FL33408 		NONE PC GENERAL USE 5,000

LOYOLA UNIVERSITY MARYLAND INC

4501 N CHARLES STREET
BALTIMORE,MD21210 		NONE PC GENERAL USE 15,000

MARTHAS TABLE

PO BOX 70970
WASHINGTON,DC20024 		NONE PC GENERAL USE 7,500

MASS GENERAL BRIGHAM INCORPORATED - NEWTON WELLESLEY HOSPITAL

2014 WASHINGTON ST
NEWTON,MA02462 		NONE PC GENERAL USE 50,000

MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC

19 NEEDHAM STREET
NEWTON,MA02461 		NONE PC GENERAL USE 10,000

MASSACHUSETTS SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS

350 S HUNTINGTON AVE
BOSTON,MA021304803 		NONE PC GENERAL USE 2,500

MEDICAL TEAMS INTERNATIONAL

POST OFFICE BOX 4288
PORTLAND,OR97208 		NONE PC GENERAL USE 20,000

MERCY FLIGHT SOUTHEAST INC (MFSE)

8864 AIRPORT BLVD
LEESBURG,FL34788 		NONE PC GENERAL USE 7,500

MERCY MEDICAL ANGELS

4620 HAYGOOD ROAD
VIRGINIA BEACH,VA23455 		NONE PC GENERAL USE 10,000

NATIONAL ACADEMY OF ENGINEERING FUND

500 FIFTH STREET NW
WASHINGTON,DC20001 		NONE PC GENERAL USE 15,000

PAWS FOR PURPLE HEARTS

5550 OBERLIN 5550 OBERLIN DRIVE
SUITE B
SAN DIEGO,CA92121 		NONE PC GENERAL USE 15,000

PERKINS SCHOOL FOR THE BLIND

175 NORTH BEACON STREET
WATERTOWN,MA02472 		NONE PC GENERAL USE 10,000

REACH BEYOND DOMESTIC VIOLENCE INC

PO BOX 540024
WALTHAM,MA02454 		NONE PC GENERAL USE 10,000

SAVE THE CHILDREN FEDERATION INC

501 KINGS HWY E STE 400
FAIRFIELD,CT068254861 		NONE PC GENERAL USE 20,000

SECOND CHANCE ANIMAL RESCUE OF MARTHA'S VINEYARD

25 JUNE AVE
VINEYARD HAVEN,MA02568 		NONE PC GENERAL USE 2,500

SHRINERS HOSPITALS FOR CHILDREN

3551 N BROAD STREET
PHILADELPHIA,PA19140 		NONE PC GENERAL USE 25,000

ST JOHN THE EVANGELIST PARISH

POST OFFICE BOX 1558
POCASSET,MA025591558 		NONE PC GENERAL USE 10,000

ST JULIA PARISH

374 BOSTON POST ROAD
WESTON,MA02493 		NONE PC GENERAL USE 5,000

ST LUCY CHURCH

3510 SOUTH OCEAN BOULEVARD
HIGHLAND BEACH,FL33487 		NONE PC GENERAL USE 5,000

ST LUKE CATHOLIC CHURCH

7001 GEORGETOWN PIKE
MCLEAN,VA22101 		NONE PC GENERAL USE 10,000

ST MARYS CENTER FOR WOMEN AND CHILDREN

90 CUSHING AVE
DORCHESTER,MA02125 		NONE PC GENERAL USE 10,000

ST RAPHAEL CATHOLIC CHURCH

1513 DUNSTER ROAD
ROCKVILLE,MD20854 		NONE PC GENERAL USE 5,000

THE BOGGY CREEK GANG INC

30500 BRANTLEY BRANCH ROAD
EUSTIS,FL32736 		NONE PC GENERAL USE 5,000

THE FAMILY PLACE INC

3309 16TH ST NW
WASHINGTON,DC200102201 		NONE PC GENERAL USE 12,500

THE POSSE FOUNDATION INC

1319 F ST NW 604
WASHINGTON,DC20004 		NONE PC GENERAL USE 7,500

THRIVE SCHOLARS

75 FEDERAL STREET
BOSTON,MA02110 		NONE PC GENERAL USE 30,000

UNITED SERVICE ORGANIZATIONS INC

2111 WILSON BOULEVARD
ARLINGTON,VA22201 		NONE PC GENERAL USE 15,000

UNITED STATES FUND FOR UNICEF

125 MAIDEN LANE
NEW YORK,NY10038 		NONE PC GENERAL USE 20,000

UNITED STATES MERCHANT MARINE ACADEMY ALUMNI ASSOCIATION AND FOU

8 ELMRIDGE ROAD
KINGS POINT,NY110241306 		NONE PC GENERAL USE 15,000

VITA NOVA INC

2724 N AUSTRALIAN AVE
WEST PALM BEACH,FL334074501 		NONE PC GENERAL USE 5,000

WOMENS LUNCH PLACE INC

P O BOX 170900
BOSTON,MA02117 		NONE PC GENERAL USE 5,000

4KIDS OF SOUTH FLORIDA INC

2717 WEST CYPRESS CREEK RD
FORT LAUDERDALE,FL33309 		NONE PC GENERAL USE 5,000

AMERICAN HEART ASSOCIATION INC

2300 CENTREPARK W DRIVE
WEST PALM BEACH,FL33409 		NONE PC GENERAL USE 25,000

ANIMAL RESCUE LEAGUE OF BOSTON

10 CHANDLER ST
BOSTON,MA02116 		NONE PC GENERAL USE 2,500

BOSTON CASA INC

151 MERRIMAC ST 200
BOSTON,MA02114 		NONE PC GENERAL USE 5,000

CATHOLIC CHARITIES OF THE DIOCESE OF PALM BEACH INC

100 W 20TH ST
RIVIERA BEACH,FL33404 		NONE PC GENERAL USE 5,000

CHILDREN'S ONCOLOGY SERVICES OF MASSACHUSETTS INC

229 KENT ST
BROOKLINE,MA02446 		NONE PC GENERAL USE 10,000

CHRISTIANS REACHING OUT TO SOCIETY INC

301 1ST AVE S
LAKE WORTH,FL33460 		NONE PC GENERAL USE 5,000

FENWICK FOUNDATION

23 N FENWICK ST
ARLINGTON,VA22201 		NONE PC GENERAL USE 5,000

FLOC FOR LOVE OF CHILDREN

1301 PENNSYLVANIA AVE
SE WASHINGTON,DC20003 		NONE PC GENERAL USE 10,000

HOUSE WITH A HEART PET SANCTUARY

6409 STREAM VALLEY WAY
GAITHERSBURG,MD20882 		NONE PC GENERAL USE 2,500

INDEPENDENCE HOUSE INC

5 NAMSKAKET RD
ORLEANS,MA02653 		NONE PC GENERAL USE 10,000

MARINE CORPS SCHOLARSHIP FOUNDATION INC

909 N WASHINGTON STREET SUITE 400
ALEXANDRIA,VA22314 		NONE PC GENERAL USE 5,000

OPERATION DELTA DOG INC

19G CLINTON DR
HOLLIS,NH03049 		NONE PC GENERAL USE 5,000

OPERATION HOMEFRONT INC

17319 SAN PEDRO AVENUE SUITE 505
SAN ANTONIO,TX78232 		NONE PC GENERAL USE 5,000

RIA INC

851 WASHINGTON ST
DORCHESTER,MA02124 		NONE PC GENERAL USE 5,000

SASHA BRUCE YOUTHWORK INC

741 8TH ST SE
WASHINGTON,DC20003 		NONE PC GENERAL USE 5,000

SMILE TRAIN INC

633 THIRD AVENUE 9TH FLOOR
NEW YORK,NY10017 		NONE PC GENERAL USE 10,000

THE SALVATION ARMY

650 DUDLEY ST
BOSTON,MA02125 		NONE PC GENERAL USE 12,500

TRI COUNTY HUMANE SOCIETY

735 8TH ST NE
ST CLOUD,MN56304 		NONE PC GENERAL USE 5,000

WORLD CENTRAL KITCHEN INCORPORATED

200 MASSACHUSETTS AVE NW 7TH FLOOR
WASHINGTON,DC20001 		NONE PC GENERAL USE 20,000
Total .................................right arrow 3a 1,000,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 414,694  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     01 568  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 992,382  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,407,644 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,407,644
(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.)
1 N/A
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 InvestmentsCorpBondsSchedule
Name:
GRATIS FOUNDATION
EIN:
26-3639918
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE INC 54,813 49,793
ACE INA HOLDINGS 33,805 34,456
ALLY FINANCIAL INC 36,650 35,040
AT&T INC 51,408 43,494
BLACKROCK INC 73,480 66,128
BROOKFIELD FINANCE INC 45,927 39,103
CAPITAL ONE FINANCIAL CO 33,869 34,072
CHARLES SCHWAB CORP 78,935 70,277
CITIGROUP INC 115,889 107,348
CME GROUP INC 34,496 34,469
CVS HEALTH CORP 23,032 19,378
DOW CHEMICAL CO/THE 44,317 38,215
DUKE ENERGY HOLDING CORP 41,074 41,010
FIDELITY NATL INFO SERV 44,623 40,687
GENERAL MOTORS FINL CO 49,786 48,171
GOLDMAN SACHS GROUP INC 40,840 41,670
HONEYWELL INTERNATIONAL 40,190 39,784
INTEL CORP 53,788 53,176
JPMORGAN CHASE & CO 61,430 59,958
KEURIG DR PEPPER INC 33,323 32,747
KEYCORP 46,859 42,458
MARSH & MCLENNAN COS INC 33,440 34,371
MCDONALD'S CORP 33,637 34,710
MCKESSON CORP 25,194 24,865
MORGAN STANLEY 55,846 49,089
O'REILLY AUTOMOTIVE INC 33,950 33,811
ORACLE CORP 50,993 48,200
PEPSICO INC 50,675 49,117
PFIZER INVESTMENT ENTER 39,411 39,940
PROCTER & GAMBLE CO/THE 99,635 98,184
QUEST DIAGNOSTICS INC 37,555 37,477
SCHLUMBERGER INVESTMENT 51,603 48,930
STATE STREET CORP 50,549 49,683
TOYOTA MOTOR CREDIT CORP 149,340 146,036
VERIZON COMMUNICATIONS 34,708 29,280
WESTPAC BANKING CORP 53,050 51,456

TY 2024 InvestmentsCorpStockSchedule
Name:
GRATIS FOUNDATION
EIN:
26-3639918
Name of Stock End of Year Book Value End of Year Fair Market Value
AIRBNB INC 32,638 29,961
AMAZON COM INC COM 22,529 252,079
CHOICE HOTELS INTL INC 2,829 13,062
COLUMBIA SPORTSWEAR CO COM 4,333 11,331
DORMAN PRODUCTS INC 7,349 23,837
HILTON WORLWIDE HOLDINGS INC 25,636 28,918
FRONTDOOR INC 4,204 9,349
HOME DEPOT INC 18,220 21,005
LOWES COS INC 39,688 62,687
MARRIOTT INTERNATIONAL INC CLASS A 49,117 83,682
MARRIOTT VACATIONS WORLDWIDE C 6,300 3,502
MONDELEZ INTERNATIONAL INC 60,387 50,830
NETFLIX INC 42,932 119,437
O'REILLY AUTOMOTIVE INC 28,078 41,503
RYMAN HOSPITALITY PROPERTIES INC 10,192 10,017
SALLY BEAUTY CO INC 3,282 3,626
TARGET CORP 35,500 34,741
TESLA, INC 1,978 98,941
TJX COMPANIES INC 8,726 18,605
WALT DISNEY CO 50,840 51,555
WALMART INC 46,980 54,029
UNIFIRST CORP MASS 3,848 6,673
WINMARK CORP 6,010 7,861
CENTRAL GARDEN & PET CO COM 4,080 6,557
COSTCO WHOLESALE CORP 5,182 60,474
INTER PARFUMS INC 15,051 35,113
J & J SNACK FOODS CORP 3,500 11,324
KENVUE INC 55,441 51,411
LANCASTER COLONY CORP 3,008 5,714
PEPSICO INC 65,484 65,994
CONOCOPHILLIPS 65,014 95,104
AFFILIATED MANAGERS GROUP, INC 9,150 9,986
AMERICAN EXPRESS CO 36,680 70,636
ARTISAN PARTNERS ASSET MANAGEM 4,207 11,193
CBIZ INC 14,475 33,632
CIGNA GROUP/THE 79,442 114,874
CITIGROUP INC. 39,872 55,608
EXXON MOBILE CORPORATION 105,477 100,040
GOLDMAN SACHS GROUP 10,905 20,614
HAMILTON LANE INC 7,287 15,989
JPMORGAN CHASE & CO 22,322 141,908
KKR & CO. INC. 29,191 70,257
MARSH & MCLENNAN COS INC 27,260 64,997
MOODYS CORP 20,344 29,822
MORGAN STANLEY 52,752 85,364
NASDAQ, INC 8,488 53,344
PINNACLE FINL PARTNERS INC 1,830 6,177
PJT PARTNERS INC 7,272 11,205
PROGRESSIVE CORP OHIO 81,186 159,580
RLI CORP COM 2,418 14,340
SELECTIVE INS GROUP INC 20,873 25,812
SOUTH STATE CORP 5,428 7,163
WESTAMERICA BANCORPORATION 4,545 5,403
ABBVIE INC 56,429 66,282
ABBOTT LABS 77,234 82,570
DEXCOM INC 14,148 15,710
EDWARDS LIFESCIENCES CORP 15,400 15,324
ELI LILLY & CO COM 19,906 76,428
ENOVIS CORP 10,316 8,118
ENVISTA HOLDINGS CORP 3,296 2,758
ICU MED INC COM 15,388 15,983
INTEGER HOLDINGS CORP 5,868 6,096
INTEGRA LIFESCIENCES HOLDING 11,773 6,010
INTUITIVE SURGICAL INC 16,625 32,362
JOHNSON & JOHNSON 49,892 73,901
MCKESSON CORP 38,030 112,272
MERIT MEDICAL SYSTEMS INC 11,588 15,185
NATIONAL RESEARCH CORP 11,835 4,551
OMNICELL INC 3,283 2,627
PATTERSON COS INC COM 3,278 5,184
PFIZER INC 94,544 65,609
PRESTIGE CONSUMER HEALTHCARE 9,895 10,464
STIMULATIONS PLUS INC 5,358 3,849
VERTIV HOLDINGS LLC 21,300 21,927
VERTEX PHARMACEUTICALS INC 32,741 39,867
AAON INC 244 6,590
ALAMO GROUP INC COM 6,302 11,712
BEACON ROOFING SUPPLY INC COM 12,940 33,318
BOEING CO 144,474 130,272
CSW INDUSTRIALS INC 5,834 12,701
EXPONENT INC COM 546 6,683
FTI CONSULTING INC COM 2,071 4,778
GENERAL DYNAMICS CORP 61,398 71,406
GENERAL ELECTRIC CO 27,341 27,687
HURON CONSULTING GROUP INC 8,573 20,130
ILLINOIS TOOL WORKS INC 20,360 53,755
KADANT INC 3,692 4,140
KIRBY CORP 4,572 11,215
LANDSTAR SYS INC COM 3,493 10,312
MCGRATH RENTCORP 7,535 11,965
MERCADOLIBRE INC 50,086 69,718
MOOG INC CL A 5,049 25,786
PACCAR INC 76,254 84,048
RTX CORP 49,866 69,895
SIMPSON MFG INC 1,984 5,638
UNION PACIFIC CORP 28,775 71,148
ACI WORLDWIDE INC 9,848 16,819
ADOBE INC 2,580 21,345
ADVANCED MICRO DEVICES INC 17,486 28,265
ALPHABET INC CL A 27,506 119,215
ALARM.COM HOLDINGS INC 9,708 9,485
ANALOG DEVICES INC 76,584 93,907
APPLE INC 22,565 173,040
APPLOVIN CORP 12,032 12,306
BLACKBAUD INC 15,147 24,985
BROADCOM INC 43,362 165,302
BLACKLINE INC 8,399 7,899
CADENCE DESIGN SYSTEMS INC 34,886 47,773
COMMVAULT SYSTEMS INC 8,528 17,506
CROWDSTRIKE HOLDINGS INC 14,685 40,375
DATADOG INC 21,674 25,292
DONNELLEY FINANCIAL SOLUTIONS 9,187 11,166
EPLUS INC COM 6,737 12,412
INSIGHT ENTERPRISES INC COM 17,300 23,728
KLA CORPORATION 20,062 37,177
MASTERCARD INC 3,450 75,826
MESA LABORATORIES INC 10,106 7,121
META PLATFORMS INC 50,329 165,114
MICROSOFT CORP 26,545 206,957
NVIDIA CORP COM 1,422 274,354
PALO ALTO NETWORKS INC 17,024 19,652
PLEXUS CORP COM 5,106 8,137
POWER INTERGRATIONS INC 2,470 8,638
QUALYS INC 11,272 18,789
SALESFORCE COM INC 19,133 37,445
SERVICENOW INC 23,460 51,946
SNOWFLAKE INC 30,520 21,772
SPS COMMERCE INC 9,430 8,648
TRADE DESK INC 14,372 35,141
UBER TECHNOLOGIES INC 20,455 34,443
VERRA MOBILITY CORP 9,470 8,560
VISA INC-CLASS A SHRS 4,291 55,623
BALCHEM CORP CLASS B 1,347 8,476
FULLER H B CO 7,276 7,220
SILGAN HLDGS INC 9,420 14,938
STEPAN CO COM 7,393 6,729
UFP TECHNOLOGIES INC 3,585 5,135
DOMINION ENERGY INC 98,684 84,183
DUKE ENERGY HOLDING CORP 62,460 79,512
SOUTHERN CO 50,901 75,652
ACCENTURE PLC 24,373 75,987
ADDIDAS - AG 24,784 24,841
ADYEN N.V. 14,617 11,479
AIA GROUP LTD-SP 15,547 10,548
AIR LIQUIDE - ADR 7,693 8,643
ALCON, INC. 11,694 12,818
ALFA LAVAL AB 10,541 12,916
ALLIANZ SE 25,165 31,426
AMBEV SA 10,653 7,496
AON PLC 30,116 92,663
ASSA ABLOY AB 7,303 9,522
ASTRAZENECA PLC 18,383 18,411
ATLAS COPCO AB 12,525 13,254
BANCO BILBAO VIZCAYA ARGENT- ADR 11,632 17,253
BHP GROUP LTD 16,339 12,159
CANADIAN NATL RR CO COM 8,381 6,903
CHUBB LIMITED 14,724 64,931
CHUGAI PHARMACEUTICAL CO LTD 14,945 23,508
COLOPLAST A/S 8,202 7,005
CREDICORP LTD 7,003 9,166
DAIFUKU CO., LTD. 6,492 6,946
DASSAULT SYSTEMES S.A. - ADR 28,368 20,836
DBS GROUP HOLDINGS LIMITED - ADR 27,610 37,516
DIAGEO PLC - ADR 60,024 52,632
DISCO CORPORATION 9,728 9,804
EATON CORP PLC 33,321 78,985
ENN ENERGY HOLDINGS LTD 19,253 12,061
EPIROC AKTIEBOLAG 12,830 10,242
FLATTER ENTERTAINMENT PLC 9,128 8,787
FOMENTO ECONOMICO MEXICANO S.A.B. DE 15,698 17,696
GENMAB A/S 11,492 6,324
GRUPO FINANCIERO BANORTE SAB DE C,V 8,238 6,773
HAIER SMART HOME CO LTD ADR 10,585 12,068
HALEON PLC ADR 19,999 22,991
HDFC BANK LTD. - ADR 25,531 25,736
INDUTRIA DE DISENO TEXTIL 13,228 11,377
INFINEON TECHNOLOGIES AG - ADR 27,538 23,512
KOMATSU LIMITED - ADR 9,254 10,409
LOREAL - ADR 22,515 18,518
LUKOIL PJSC 14,269 0
MANULIFE FINANCIAL CORP 13,805 24,292
NESTLE S.A. REGISTERED SHARES - ADR 56,078 59,559
NEW LINDE PLC 8,937 11,723
NOVO NORDISK A/S - ADR 24,746 39,655
NOVOZYMES A/S UNSPONS 7,522 6,276
NXP SEMICONDUCTORS NV 36,871 45,103
PING AN INSURANCE (GROUP) COMPANY 7,233 5,238
PT TELEKOMUNIKASI INDONESIA TB - ADR 13,538 8,274
RIO TINTO PLC - ADR 15,904 12,527
ROCHE HOLDINGS LTD - ADR 24,583 19,393
ROYAL DUTCH SHELL PLC ADR 21,665 23,118
SAP SE 12,579 24,867
SCHNEIDER ELECTRIC SE. 15,229 21,991
SHIMANO INC 6,137 5,178
SHIONOGI & CO., LTD. 10,393 7,016
SONOVA HOLDING AG 9,245 8,325
SONY GROUP CORP 18,139 21,266
SPOTIFY TECHNOLOGY 19,956 19,685
SYMRISE AG 11,015 9,534
SYSMEX CORPORATION 21,396 17,019
TAIWAN SEMICONDUCTOR MANUFACTU - ADR 17,200 32,586
TECHTRONIC INDUSTRIES COMPANY - ADR 9,252 8,136
TENCENT HOLDIGNS LIMITED 17,528 16,592
UNI CHARM CORPORATION 10,584 5,424
ZTO EXPRESS (CAYMAN) INC. 8,546 8,387
ARTISAN MID CAP FUND CLASS INS #1333 251,730 272,847
ABERDEEN PHYSICAL SWISS GOLD SHARES 102,920 100,200
ISHARES CORE S&P SMALL-CAP ETF 261,596 292,774
ISHARES RUSSELL MID-CAP ETF 534,654 1,129,310
T. ROWE RICE MID-CAP VALUE FUND 253,289 256,844
ABERDEEN EMERGING MARKETS 614,480 436,022
AMERICAN HEALTHCARE REIT INC 5,816 9,492
OAKMARK INTERNATIONAL FUND 697,662 609,636
VANGUARD FTSE EMERGING MARKETS ETF 250,350 268,644

TY 2024 InvestmentsGovtObligationsSch
Name:
GRATIS FOUNDATION
EIN:
26-3639918
US Government Securities - End of Year Book Value:

2,285,629
US Government Securities - End of Year Fair Market Value:

2,158,511
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
GRATIS FOUNDATION
EIN:
26-3639918
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BLACKROCK GLOBAL LONG/SHORT CREDIT FMV 356,014 350,256
BOSTON PARTNERS LONG/SHORT RESEARCH FUND FMV 349,155 331,383
NEUBERGER BERMAN LONG SHORT FUND FMV 275,806 373,114
PIMCO CREDIT OPPORTUNITIES BOND FUND FMV 355,325 367,516
AMERICAN HOMES 4 RENT FMV 8,950 15,267
AMERICAN TOWER CORP FMV 56,415 48,604
AMERICOLD REALTY TRUST INC FMV 12,605 9,330
AVALONBAY CMNTYS INC COM FMV 14,926 29,916
BROADSTONE NET LEASE INC FMV 7,710 7,153
COUSINS PROPERTIES, INC FMV 9,340 10,326
DIGITAL RLTY TR INC COM FMV 11,189 19,861
EQUINIX, INC. FMV 21,629 47,145
EQUITY LIFESTYLE PPTYS INC COM FMV 8,674 8,325
EQUITY RESIDENTIAL PPTYS TR SH FMV 13,439 14,208
ESSEX PPTY TR COM FMV 3,906 10,276
EXTRA SPACE STORAGE INC COM FMV 7,192 26,778
GAMING AND LEISURE PROPERTIES, INC FMV 11,015 10,403
GCP INC FMV 12,034 11,209
INVENTRUST PROPERTIES CORP FMV 2,412 2,983
INVITATION HOMES INC FMV 10,121 17,839
KILROY REALTY CORP COM FMV 6,334 5,380
LINEAGE INC FMV 5,095 3,456
NATIONAL HEALTH INVS INC FMV 3,374 4,712
NETSTREIT CORP FMV 4,261 3,495
NNN REIT INC FMV 6,276 6,250
PROLOGIS, INC. FMV 91,014 104,009
REGENCY CENTERS CORP FMV 12,396 21,218
REXFORD INDUSTRIAL REALTY INC FMV 10,706 9,588
SABRA HEALTH CARE REIT, INC. FMV 8,084 11,102
SAUL CTRS INC COM FMV 939 1,125
SBA COMMUNICATIONS COP FMV 19,265 18,750
SIMON PROPERTY GROUP INC FMV 2,327 4,994
SUNSTONE HOTEL INVS INC NEW FMV 3,619 3,564
TERRENO REALTY CORP FMV 2,988 7,333
VENTAS INC COM FMV 28,937 33,096
VICI PROPERTIES INC FMV 13,179 19,074
VORNADO REALTY TRUST FMV 7,345 7,861
WELLTOWER INC FMV 14,403 40,708
WEYERHAEUSER CO FMV 5,140 4,335
INVESCO OPTIMUM YIELD FMV 100,971 97,425

TY 2024 OtherExpensesSchedule
Name:
GRATIS FOUNDATION
EIN:
26-3639918
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GRANT ADMINSTRATIVE FEES 43,254 0 0 43,254


TY 2024 OtherIncomeSchedule2
Name:
GRATIS FOUNDATION
EIN:
26-3639918
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CLASS ACTION 567 567 0
REIMBURSEMENT OF FEES 1 1 0


TY 2024 OtherIncreasesSchedule
Name:
GRATIS FOUNDATION
EIN:
26-3639918
Description Amount
PRIOR PERIOD ADJUSTMENT 2,551


TY 2024 OtherProfessionalFeesSchedule
Name:
GRATIS FOUNDATION
EIN:
26-3639918
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CUSTODIAN & MANAGEMENT FEES 97,254 97,254 0 0
ADVISORY FEES 31,170 31,170 0 0
ADR FEES 1,052 1,052 0 0


TY 2024 TaxesSchedule
Name:
GRATIS FOUNDATION
EIN:
26-3639918
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 4,743 4,743 0 0
FEDERAL TAX PAYMENT 15,000 0 0 0