TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2024

Open to Public Inspection

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

Name of foundation
THE JAMES ANNENBERG LA VEA CHAR FDN

Number and street (or P.O. box number if mail is not delivered to street address)1650 MARKET ST STE 4000
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA19103

A Employer identification number

65-6323823

B Telephone number (see instructions)

(215) 419-6000

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$237,710,715J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	0
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	6,015,244		5,709,130
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		7,400,253
b	Gross sales price for all assets on line 6a 47,956,959
7	Capital gain net income (from Part IV, line 2)...			7,400,253
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).......	List of Attached Documents: // Content	611,422	611,422
12	Total. Add lines 1 through 11........	14,026,919		13,720,805
13	Compensation of officers, directors, trustees, etc.	893,014		538,023		354,991
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)....	List of Attached Documents: // Content	130,306	130,306		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	502,062	136,971		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).......	List of Attached Documents: // Content	71			71
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,525,453		805,300	0	355,062
25	Contributions, gifts, grants paid.......	10,001,692				10,001,692
26	Total expenses and disbursements. Add lines 24 and 25	11,527,145		805,300	0	10,356,754
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	2,499,774
b	Net investment income (if negative, enter -0-)			12,915,505
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	19,197,571	18,527,592	18,527,592
	3	Accounts receivable
		Less: allowance for doubtful accounts	547,162	0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	177,021,925	179,418,737	219,183,123
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	196,766,658	197,946,329	237,710,715
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	196,766,658	197,946,329
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	196,766,658	197,946,329
	30	Total liabilities and net assets/fund balances (see instructions).	196,766,658	197,946,329

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

196,766,658

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

2,499,774

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

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

199,266,432

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

1,320,103

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

197,946,329

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	53. ADOBE SYS INCORP		2023-09-18	2024-02-15
b	62. ADOBE SYS INCORP		2023-09-18	2024-02-15
c	301. ADOBE SYS INCORP		2023-09-18	2024-02-16
d	78787. GQG EMERGING MARKETS EQUITY FUND			2024-04-01
e	271043. GQG EMERGING MARKETS EQUITY FUND			2024-06-27
	18. ALIGN TECHNOLOGY INC		2023-09-18	2024-05-28
	71. ALIGN TECHNOLOGY INC		2023-09-18	2024-05-28
	20. ALIGN TECHNOLOGY INC		2023-09-18	2024-05-29
	62. ALIGN TECHNOLOGY INC		2023-09-18	2024-05-29
	135. ALIGN TECHNOLOGY INC		2023-09-18	2024-05-30
	80. ALIGN TECHNOLOGY INC		2023-09-18	2024-05-31
	462. ALPHABET INC CAP STK CL C		2023-09-18	2024-09-06
	707. ALPHABET INC CAP STK CL C		2023-09-18	2024-09-09
	128. AMAZON.COM INC		2023-09-18	2024-04-08
	245. AMAZON.COM INC		2023-09-18	2024-04-08
	20. AMAZON.COM INC		2023-09-18	2024-04-08
	107. AMAZON.COM INC		2023-09-18	2024-04-08
	676. AMAZON.COM INC		2023-09-18	2024-04-08
	60. AMAZON.COM INC		2023-09-18	2024-07-09
	55. AMAZON.COM INC		2023-09-18	2024-07-09
	279. AMAZON.COM INC		2023-09-18	2024-07-09
	93. AMAZON.COM INC		2023-09-18	2024-07-09
	266. AMAZON.COM INC		2023-09-18	2024-07-10
	1349. AMAZON.COM INC		2023-09-18	2024-11-07
	500. AMAZON.COM INC		2023-09-18	2024-11-08
	199. AMAZON.COM INC		2023-09-18	2024-11-11
	100000. ANAHEIM CA HSG & PUB IMPT REV DTD 4/28/2022 3.876% 10/1/2030		2022-04-14	2024-08-20
	49. AUTODESK INC		2023-09-18	2024-05-28
	231. AUTODESK INC		2023-09-18	2024-05-29
	331. AUTODESK INC		2023-09-18	2024-05-30
	122. AUTODESK INC		2023-09-18	2024-05-31
	98. AUTODESK INC		2023-09-18	2024-05-31
	439. AUTODESK INC		2023-09-18	2024-06-03
	137. AUTODESK INC		2023-09-18	2024-06-04
	86. AUTODESK INC		2023-09-18	2024-06-04
	10. AUTODESK INC		2023-09-18	2024-06-04
	25000. CARRIER GLOBAL CORPORATION DTD 8/15/2020 2.242% 2/15/2025		2021-12-29	2024-08-13
	2370.695 DFA INTERNATIONAL CORE EQUITY		2024-03-27	2024-04-01
	43886.305 DFA INTERNATIONAL CORE EQUITY		2021-02-22	2024-04-01
	317268. DFA INTERNATIONAL CORE EQUITY		2021-02-22	2024-06-27
	3952.15 DODGE & COX INTL STOCK FUND		2023-12-18	2024-06-27
	169187.164 DODGE & COX INTL STOCK FUND			2024-06-27
	25000. ENBRIDGE INC DTD 11/15/2019 2.5% 1/15/2025		2021-12-29	2024-08-13
	60. GARTNER GROUP CLASS A		2023-09-18	2024-11-26
	42. GARTNER GROUP CLASS A		2023-09-18	2024-11-27
	26. GARTNER GROUP CLASS A		2023-09-18	2024-11-29
	31. GARTNER GROUP CLASS A		2023-09-18	2024-12-02
	7. GARTNER GROUP CLASS A		2023-09-18	2024-12-02
	14. GARTNER GROUP CLASS A		2023-09-18	2024-12-02
	9. GARTNER GROUP CLASS A		2023-09-18	2024-12-03
	11. GARTNER GROUP CLASS A		2023-09-18	2024-12-03
	66000. INTEL CORP DTD 8/5/2022 3.75% 8/5/2027		2022-08-02	2024-08-14
	195. MICROSOFT CORP.			2024-09-06
	283. MICROSOFT CORP.			2024-09-09
	50. NETFLIX INC		2023-09-18	2024-05-16
	50. NETFLIX INC		2023-09-18	2024-05-16
	39. NETFLIX INC		2023-09-18	2024-05-16
	15. NETFLIX INC		2023-09-18	2024-05-16
	126. NETFLIX INC		2023-09-18	2024-05-17
	26. NETFLIX INC		2023-09-18	2024-05-17
	41. NETFLIX INC		2023-09-18	2024-05-17
	161. NETFLIX INC		2023-09-18	2024-05-20
	103. NIKE INC CL B		2024-02-15	2024-07-11
	214. NIKE INC CL B			2024-07-11
	127. NIKE INC CL B		2024-02-16	2024-07-11
	77. NIKE INC CL B		2024-02-16	2024-07-11
	316. NIKE INC CL B			2024-07-12
	6. NIKE INC CL B		2024-02-16	2024-07-12
	58. NIKE INC CL B		2024-02-16	2024-07-12
	32. NIKE INC CL B		2024-02-16	2024-07-12
	26. NIKE INC CL B		2024-02-16	2024-07-12
	46. NIKE INC CL B			2024-07-12
	58. NIKE INC CL B		2024-02-16	2024-07-12
	4. NIKE INC CL B		2024-02-16	2024-07-15
	262. NIKE INC CL B			2024-07-15
	4. NIKE INC CL B		2023-09-18	2024-07-15
	572. NIKE INC CL B		2023-09-18	2024-07-15
	39. NIKE INC CL B		2023-09-18	2024-07-16
	365. NIKE INC CL B		2023-09-18	2024-07-16
	722. NIKE INC CL B		2023-09-18	2024-07-16
	75000. PNC FINANCIAL SERVICES GROUP INC DTD 1/23/2019 3.5486655% 1/23/			2024-01-23
	12. PAYPAL HOLDINGS INC		2023-09-18	2024-03-06
	486. PAYPAL HOLDINGS INC		2023-09-18	2024-03-06
	53. PAYPAL HOLDINGS INC		2023-09-18	2024-03-06
	530. PAYPAL HOLDINGS INC		2023-09-18	2024-03-06
	72. PAYPAL HOLDINGS INC		2023-09-18	2024-03-06
	144. PAYPAL HOLDINGS INC		2023-09-18	2024-03-07
	185. PAYPAL HOLDINGS INC		2023-09-18	2024-03-07
	4020. PAYPAL HOLDINGS INC		2023-09-18	2024-03-07
	11. PAYPAL HOLDINGS INC		2023-09-18	2024-03-07
	72. PAYPAL HOLDINGS INC		2023-09-18	2024-03-07
	545. PAYPAL HOLDINGS INC		2023-09-18	2024-03-08
	495. PAYPAL HOLDINGS INC		2023-09-18	2024-03-08
	80000. PUBLIC SERVICE ENTERPRISE GROUP DTD 6/5/2019 2.875% 6/15/2024			2024-06-17
	9060. S & P 500 DEPOSITARY RECEIPT		2014-10-04	2024-04-01
	60. SALESFORCE INC		2023-09-18	2024-07-01
	488. SALESFORCE INC		2023-09-18	2024-07-02
	27. SALESFORCE INC		2023-09-18	2024-07-02
	197. SALESFORCE INC		2023-09-18	2024-07-02
	240. SALESFORCE INC		2023-09-18	2024-07-03
	125. SALESFORCE INC		2023-09-18	2024-07-03
	27. SALESFORCE INC		2023-09-18	2024-07-03
	22. SALESFORCE INC		2023-09-18	2024-08-13
	25. SALESFORCE INC		2023-09-18	2024-08-13
	359. SALESFORCE INC		2023-09-18	2024-08-13
	397. SALESFORCE INC		2023-09-18	2024-08-14
	341. SALESFORCE INC		2023-09-18	2024-08-15
	66. SERVICENOW INC		2023-09-18	2024-02-22
	13. SERVICENOW INC		2023-09-18	2024-02-22
	23. SERVICENOW INC		2023-09-18	2024-02-23
	101. SERVICENOW INC		2023-09-18	2024-02-23
	32. SERVICENOW INC		2023-09-18	2024-02-23
	8. SERVICENOW INC		2023-09-18	2024-02-23
	99. SERVICENOW INC		2023-09-18	2024-02-26
	37. SERVICENOW INC		2023-09-18	2024-11-19
	141. SERVICENOW INC		2023-09-18	2024-11-19
	80000. TORONTO DOMINION BANK DTD 1/6/2021 0.75% 1/6/2026		2022-01-04	2024-10-10
	125000. UNITED STATES TREASURY NOTES DTD 9/30/2019 1.5% 9/30/2024		2023-07-06	2024-04-25
	45000. UNITED STATES TREASURY NOTES DTD 9/30/2019 1.5% 9/30/2024		2023-07-06	2024-06-14
	45000. UNITED STATES TREASURY NOTES DTD 12/31/2019 1.75% 12/31/2024		2021-12-29	2024-11-04
	100000. UNITED STATES TREASURY NOTES DTD 12/31/2019 1.75% 12/31/2024		2021-12-29	2024-11-14
	115000. UNITED STATES TREASURY NOTES DTD 9/15/2021 0.375% 9/15/2024			2024-03-19
	80000. UNITED STATES TREASURY NOTES DTD 10/15/2021 0.625% 10/15/2024		2023-07-06	2024-08-13
	50000. UNITED STATES TREASURY NOTES DTD 10/15/2021 0.625% 10/15/2024		2023-07-06	2024-08-20
	95000. UNITED STATES TREASURY NOTES DTD 12/15/2021 1% 12/15/2024		2023-07-06	2024-10-16
	10000. UNITED STATES TREASURY NOTES DTD 12/15/2021 1% 12/15/2024		2023-07-06	2024-10-18
	65000. UNITED STATES TREASURY NOTES DTD 12/15/2021 1% 12/15/2024		2023-07-06	2024-11-04
	10000. UNITED STATES TREASURY NOTES DTD 4/15/2022 2.625% 4/15/2025		2023-07-06	2024-11-14
	100. UNITEDHEALTH GROUP INC		2023-09-18	2024-10-24
	169. UNITEDHEALTH GROUP INC		2023-09-18	2024-10-25
	253498. VANGUARD FTSE ALL-WORLD EX-U			2024-06-27
	CAPITAL GAIN DIVIDENDS	P
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(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	31,550	28,022	3,528
b	36,657	32,781	3,876
c	168,557	159,144	9,413
d	1,386,651	1,500,797	-114,146
e	4,973,639	5,132,604	-158,965
	4,590	5,877	-1,287
	18,107	23,180	-5,073
	5,079	6,530	-1,451
	15,690	20,241	-4,551
	34,781	44,074	-9,293
	20,460	26,118	-5,658
	70,660	64,361	6,299
	106,905	98,491	8,414
	23,761	17,876	5,885
	45,433	34,216	11,217
	3,707	2,793	914
	19,810	14,943	4,867
	125,236	94,409	30,827
	11,996	8,379	3,617
	10,994	7,681	3,313
	55,730	38,965	16,765
	18,569	12,988	5,581
	53,067	37,149	15,918
	283,369	188,399	94,970
	104,339	69,829	34,510
	41,180	27,792	13,388
	101,362	100,000	1,362
	10,330	10,417	-87
	48,191	49,108	-917
	66,568	70,367	-3,799
	24,570	25,936	-1,366
	19,313	20,834	-1,521
	94,383	93,326	1,057
	28,827	29,125	-298
	18,122	18,283	-161
	2,112	2,126	-14
	24,557	25,619	-1,062
	37,765	38,026	-261
	699,109	672,777	26,332
	4,996,971	4,863,718	133,253
	200,809	190,336	10,473
	8,596,400	7,184,306	1,412,094
	24,671	25,739	-1,068
	31,387	21,303	10,084
	21,834	14,912	6,922
	13,491	9,231	4,260
	16,031	11,007	5,024
	3,637	2,485	1,152
	7,277	4,971	2,306
	4,641	3,195	1,446
	5,665	3,906	1,759
	64,069	65,931	-1,862
	78,346	72,379	5,967
	114,745	104,639	10,106
	30,570	19,731	10,839
	30,784	19,731	11,053
	23,810	15,390	8,420
	9,150	5,919	3,231
	78,298	49,723	28,575
	16,031	10,260	5,771
	25,444	16,180	9,264
	101,210	63,535	37,675
	7,558	10,979	-3,421
	15,666	22,382	-6,716
	9,330	13,072	-3,742
	5,642	7,925	-2,283
	23,222	32,498	-9,276
	444	617	-173
	4,267	5,963	-1,696
	2,362	3,290	-928
	1,914	2,673	-759
	3,399	4,727	-1,328
	4,269	5,953	-1,684
	290	411	-121
	18,950	25,939	-6,989
	288	383	-95
	41,213	54,823	-13,610
	2,821	3,738	-917
	26,497	34,984	-8,487
	52,114	69,200	-17,086
	75,000	77,592	-2,592
	701	757	-56
	28,379	30,640	-2,261
	3,096	3,341	-245
	30,813	33,413	-2,600
	4,189	4,539	-350
	8,398	9,078	-680
	10,860	11,663	-803
	233,160	253,438	-20,278
	642	693	-51
	4,211	4,539	-328
	32,168	34,359	-2,191
	29,252	31,207	-1,955
	80,000	81,196	-1,196
	4,730,121	1,778,483	2,951,638
	15,402	12,900	2,502
	125,107	104,919	20,188
	6,891	5,805	1,086
	50,476	42,355	8,121
	62,231	51,600	10,631
	32,333	26,875	5,458
	6,975	5,805	1,170
	5,586	4,730	856
	6,354	5,375	979
	91,372	77,184	14,188
	101,525	85,354	16,171
	88,802	73,314	15,488
	50,821	38,396	12,425
	10,052	7,563	2,489
	17,964	13,381	4,583
	77,972	58,758	19,214
	24,758	18,616	6,142
	6,156	4,654	1,502
	77,458	57,595	19,863
	37,232	21,525	15,707
	142,402	82,029	60,373
	76,482	77,466	-984
	122,979	119,248	3,731
	44,508	42,929	1,579
	44,810	46,007	-1,197
	99,672	102,238	-2,566
	112,341	108,141	4,200
	79,381	75,363	4,018
	49,658	47,102	2,556
	94,458	89,374	5,084
	9,946	9,408	538
	64,749	61,151	3,598
	9,929	9,572	357
	56,106	48,494	7,612
	95,702	81,954	13,748
	14,841,895	14,527,584	314,311
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241
			2,284,241

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			3,528
b			3,876
c			9,413
d			-114,146
e			-158,965
			-1,287
			-5,073
			-1,451
			-4,551
			-9,293
			-5,658
			6,299
			8,414
			5,885
			11,217
			914
			4,867
			30,827
			3,617
			3,313
			16,765
			5,581
			15,918
			94,970
			34,510
			13,388
			1,362
			-87
			-917
			-3,799
			-1,366
			-1,521
			1,057
			-298
			-161
			-14
			-1,062
			-261
			26,332
			133,253
			10,473
			1,412,094
			-1,068
			10,084
			6,922
			4,260
			5,024
			1,152
			2,306
			1,446
			1,759
			-1,862
			5,967
			10,106
			10,839
			11,053
			8,420
			3,231
			28,575
			5,771
			9,264
			37,675
			-3,421
			-6,716
			-3,742
			-2,283
			-9,276
			-173
			-1,696
			-928
			-759
			-1,328
			-1,684
			-121
			-6,989
			-95
			-13,610
			-917
			-8,487
			-17,086
			-2,592
			-56
			-2,261
			-245
			-2,600
			-350
			-680
			-803
			-20,278
			-51
			-328
			-2,191
			-1,955
			-1,196
			2,951,638
			2,502
			20,188
			1,086
			8,121
			10,631
			5,458
			1,170
			856
			979
			14,188
			16,171
			15,488
			12,425
			2,489
			4,583
			19,214
			6,142
			1,502
			19,863
			15,707
			60,373
			-984
			3,731
			1,579
			-1,197
			-2,566
			4,200
			4,018
			2,556
			5,084
			538
			3,598
			357
			7,612
			13,748
			314,311

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	7,400,253
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	179,526
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	179,526
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	179,526
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	239,898
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	239,898
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	60,372
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax60,372	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

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

on foundation managers. right arrow

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

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

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address right arrow

N/A

The books are in care of right arrow

GLENMEDE TRUST CO NA Telephone no. right arrow

(215) 439-6000

Located at right arrow

1650 MARKET ST STE 4000PHILADELPHIAPA ZIP+4 right arrow

19103

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Form 990-PF (2024)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

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)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2024? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2024?....................

If "Yes," list the years right arrow

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2024.) .....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..

Form 990-PF (2024)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
LAWRENCE J MILLER ESQUIRE	CO-TRUSTEE 5	279,692
2101 NW CORPORATE BLVD SUTE 107 BOCA RATON,FL33431	CO-TRUSTEE 5	279,692
GLENMEDE TRUST CO N A	CO-TRUSTEE 40	613,322
1650 MARKET ST STE 4000 PHILADELPHIA,PA19103	CO-TRUSTEE 40	613,322

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2024)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2024)

Page 8

Part IX

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

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

purposes:

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

216,720,215

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

17,168,096

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

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

233,888,311

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

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

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

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

233,888,311

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

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

3,508,325

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

230,379,986

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

11,518,999

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

11,518,999

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

179,526

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

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

179,526

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

11,339,473

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

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

11,339,473

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

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

11,339,473

Part XI

Qualifying Distributions (see instructions)

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

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

10,356,754

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

10,356,754

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					11,339,473
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......				9,993,654
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2024:
a From 2019......	0
b From 2020......	0
c From 2021......	0
d From 2022......	0
e From 2023......	0
f Total of lines 3a through e ........		0
4Qualifying distributions for 2024 from Part
XI, line 4: $ 10,356,754
a Applied to 2023, but not more than line 2a				9,993,654
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.....					363,100
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2024.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
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 ..........					10,976,373
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2020....	0
b Excess from 2021....	0
c Excess from 2022....	0
d Excess from 2023....	0
e Excess from 2024....	0

Form 990-PF (2024)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2024	(b) 2023	(c) 2022	(d) 2021	(e) Total

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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

Check here right arrow

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

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

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

cAny submission deadlines:

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

Form 990-PF (2024)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Big Brothers Big Sisters of Broward Inc 3511 W COMMERCIAL BLVD SUITE 200 Ft Lauderdale,FL33309	NONE	PC	IN HONOR OF JAMES ANNENBERG	400,068
Boy Scouts of America 1275 PEACHTREE ST NE Atlanta,GA30309	NONE	PC	IN HONOR OF JAMES ANNENBERG	550,093
Boys and Girls Club of America 1275 PEACHTREE ST NE Atlanta,GA30309	NONE	PC	IN HONOR OF JAMES ANNENBERG	400,068
Children's Home Society of Florida Inc PO BOX 621147 Orlando,FL32862	NONE	PC	IN HONOR OF JAMES ANNENBERG	400,068
Childrens Hospital Corporation dba Children's Hospital Boston 401 PARK DRIVE SUITE 602 Boston,MA02215	NONE	PC	IN HONOR OF JAMES ANNENBERG	450,076
Childrens Hunger Fund 13931 BALBOA BLVD Sylmar,CA91342	NONE	PC	IN HONOR OF JAMES ANNENBERG	600,101
Dave Thomas Fund for Adoption 4900 TUTTLE CROSSING BLVD Dublin,OH43016	NONE	PC	IN HONOR OF JAMES ANNENBERG	500,084
Feed the Children Inc 333 N MERIDIAN AVENUE Oklahoma City,OK73107	NONE	PC	IN HONOR OF JAMES ANNENBERG	550,093
Feeding America 161 NORTH CLARK ST SUITE 700 Chicago,IL60601	NONE	PC	IN HONOR OF JAMES ANNENBERG	650,110
Florence Fuller Child Development Centers Inc 200 NE 14TH ST Boca Raton,FL33432	NONE	PC	IN HONOR OF JAMES ANNENBERG	400,068
Girl Scouts of the USA 420 FIFTH AVENUE 13TH FLOOR New York,NY10018	NONE	PC	IN HONOR OF JAMES ANNENBERG	550,093
Massachusetts General Hospital 125 NASHUA STREET SUITE 540 Boston,MA02114	NONE	PC	SUPPORT THE PEDS	500,084
National Center for Missing and Exploited Children 333 JOHN CARLYLE STREET SUITE 125 Alexandria,VA22314	NONE	PC	IN HONOR OF JAMES ANNENBERG	550,093
Ronald McDonald House Charities Inc 131 S DEARBORN 6TH FLOOR Chicago,IL60603	NONE	PC	IN HONOR OF JAMES ANNENBERG	450,076
Save the Children 501 KINGS HIGHWAY EAST SUITE 400 Fairfield,CT06825	NONE	PC	IN HONOR OF JAMES ANNENBERG	550,093
Teach for America Inc PO BOX 411139 Boston,MA022411139	NONE	PC	IN HONOR OF JAMES ANNENBERG	400,068
The Seeing Eye Inc 1 SEEING EYE WAY Morristown,NJ07960	NONE	PC	FOR GUIDE DOGS RESTRICTED	400,068
Shriners Hospital for Children 2900 ROCKY POINT DRIVE Tampa,FL33607	NONE	PC	TO BENEFIT SHRINERS	400,068
United Negro College Fund 1222 S ANDREWS AVE STE 502A Ft Lauderdale,FL33316	NONE	PC	IN HONOR OF JAMES ANNENBERG	400,068
University of Miami 900 NW 17TH STREET Miami,FL33136	NONE	PC	RESEARCH AND TREATMENT OF	450,076
University of Miami 1120 NW 14TH ST 9TH FL OFFICE 970 Miami,FL33136	NONE	PC	CHILDREN'S DEAFNESS FUND	450,076
Total ................................. 3a				10,001,692

bApproved for future payment

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

Form 990-PF (2024)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	6,015,244
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....			14	611,422
8 Gain or (loss) from sales of assets other than inventory ............			18	7,400,253
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) ..				14,026,919

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

14,026,919

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2024)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 OtherDecreasesSchedule

Name:

THE JAMES ANNENBERG LA VEA CHAR FDN

EIN:

65-6323823

Description	Amount
ADJUSTMENTS DUE TO COST BASIS	130,103
GPIF XII-B CONTRIBUTION	1,190,000

- TIN:

TY 2024 OtherExpensesSchedule

Name:

THE JAMES ANNENBERG LA VEA CHAR FDN

EIN:

65-6323823

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER NON-ALLOCABLE EXPENSE -	71	0		71

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

THE JAMES ANNENBERG LA VEA CHAR FDN

EIN:

65-6323823

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
PARTNERSHIP INCOME	611,422	611,422

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

THE JAMES ANNENBERG LA VEA CHAR FDN

EIN:

65-6323823

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE	130,306	130,306

- TIN:

TY 2024 TaxesSchedule

Name:

THE JAMES ANNENBERG LA VEA CHAR FDN

EIN:

65-6323823

Category	Amount	Net Investment Income
FOREIGN TAXES	2,691	2,691
FEDERAL TAX PAYMENT - PRIOR YE	245,091	0
FEDERAL ESTIMATES - PRINCIPAL	120,000	0
FOREIGN TAXES ON QUALIFIED FOR	110,174	110,174
FOREIGN TAXES ON NONQUALIFIED	24,106	24,106