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
S & L Marx Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

20-0677535
B Telephone number (see instructions)

(800) 839-1754
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$110,404,341J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 193,291 193,291  
4 Dividends and interest from securities... 3,707,207 3,707,207  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 8,495,468
b Gross sales price for all assets on line 6a 27,612,041
7 Capital gain net income (from Part IV, line 2)... 8,429,972
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
785,658 752,383  
12 Total. Add lines 1 through 11........ 13,181,624 13,082,853  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 189,000     189,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 13,669     13,669
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
139,240 139,240    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
76,370 892    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
2   0
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,796     6,796
22 Printing and publications.......... 2,179     2,179
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
338,159 71,632   119,022
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 765,415 211,764 0 330,666
25 Contributions, gifts, grants paid....... 4,641,000 4,641,000
26 Total expenses and disbursements. Add lines 24 and 25 5,406,415 211,764 0 4,971,666
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 7,775,209
b Net investment income (if negative, enter -0-) 12,871,089
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 6,909,582 3,929,765 3,929,765
3 Accounts receivable right arrow11,552
Less: allowance for doubtful accounts right arrow     11,552 11,552
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)      
b Investments—corporate stock (attach schedule)....... 52,555,659 Click to see attachment
List of Attached Documents:
// Content
61,071,352 		80,134,986
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 15,905,392 Click to see attachment
List of Attached Documents:
// Content
18,133,175 		26,328,038
14 Land, buildings, and equipment: basis right arrow3,790
Less: accumulated depreciation (attach schedule) right arrow3,790 2    
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 75,370,635 83,145,844 110,404,341
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 75,370,635 83,145,844
29 Total net assets or fund balances (see instructions)..... 75,370,635 83,145,844
30 Total liabilities and net assets/fund balances (see instructions). 75,370,635 83,145,844
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
75,370,635
2
Enter amount from Part I, line 27a .....................
2
7,775,209
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
83,145,844
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
83,145,844
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 Publicly-traded Securities      
b Passthrough K1 Capital Gain/(Loss)      
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 27,612,041   19,182,811 8,429,230
b       742
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       8,429,230
b        
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 8,429,972
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 178,908
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  
3 Add lines 1 and 2........................... 3 178,908
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 178,908
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 67,600
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 111,400
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 179,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 121
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 29
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowCT
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Laura Weintraub Beck Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Charles Better Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
David Better Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
James Better Dir, Treas
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Nancy M Better Executive Dir, Sec
40.0 		189,000 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Sarah Better Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Sylvia Marx Dir, Pres
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
Total number of other employees paid over $50,000...................right arrow  
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
JP Morgan Chase Investment Mgmt 139,240
270 PARK AVENUE
NEW YORK,NY100172014
Foundation Source Administrative 109,312
55 Walls Drive 3rd Fl
Fairfield,CT06824
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)
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
78,003,572
b
Average of monthly cash balances.......................
1b
5,740,553
c
Fair market value of all other assets (see instructions)................
1c
26,328,069
d
Total (add lines 1a, b, and c).........................
1d
110,072,194
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
110,072,194
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,651,083
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
108,421,111
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
5,421,056
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
5,421,056
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
178,908
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
178,908
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
5,242,148
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
5,242,148
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
5,242,148
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
4,971,666
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
4,971,666
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 5,242,148
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 1,553,783
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 4,971,666
a Applied to 2023, but not more than line 2a 1,553,783
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 3,417,883
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024.    
(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 .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		1,824,265
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) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024.... 0
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).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ABILIS INC

50 GLENVILLE ST
GREENWICH,CT06831 		N/A PC General & Unrestricted 5,000

ADOPT A DOG INC

PO BOX 11135
GREENWICH,CT06831 		N/A PC General & Unrestricted 5,000

ALBERT EINSTEIN COLLEGE OF MEDICINE

1300 MORRIS PARK AVE
BRONX,NY10461 		N/A PC Charitable Event 2,000

ALLIANCE FOR CANCER GENE THERAPY INC

96 CUMMINGS POINT RD
STAMFORD,CT06902 		N/A PC General & Unrestricted 2,500

ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI

225 N MICHIGAN AVE 17TH FL
CHICAGO,IL60601 		N/A PC Dementia Care Coordination Program in New England 100,000

AMERICAN FRIENDS OF MAGEN DAVID ADOM

20 W 36TH ST SUITE 1100
NEW YORK,NY10018 		N/A PC General & Unrestricted 5,000

ANDROSCOGGIN ALUMNI ASSOCIATION INC

601 W ST
HARRISON,NY10528 		N/A PC Summer Camp Scholarship fund 5,000

ANTI-DEFAMATION LEAGUE

605 3RD AVE
NEW YORK,NY10158 		N/A PC ADL programs in Connecticut 10,000

AURELIA FOUNDATION

PO BOX 82
PACIFIC PALISADES,CA90272 		N/A PC Creative Steps Arts Program 30,000

BIRTHRIGHT ISRAEL FOUNDATION

PO BOX 21615
NEW YORK,NY10087 		N/A PC Birthright Israel Fellows professional development program 60,000

Boys and Girls Club of Greenwich

4 HORSENECK LN
Greenwich,CT06830 		N/A PC GBGC Youth of the Year program 2,500

Boys and Girls Club of Greenwich

4 HORSENECK LN
Greenwich,CT06830 		N/A PC Art & STEAM Lab fund in Horseneck Lane facility 150,000

Boys and Girls Club of Greenwich

4 HORSENECK LN
Greenwich,CT06830 		N/A PC Strategic and Governance Consulting 16,000

BREAST CANCER ALLIANCE INC

48 MAPLE AVE
GREENWICH,CT06830 		N/A PC Breast Cancer Research Program 5,000

BRONX LACROSSE INC

PO BOX 524542
BRONX,NY10452 		N/A PC Bronx Lacrosse educational support 2,500

BRUCE MUSEUM INC

1 MUSEUM DR
GREENWICH,CT06830 		N/A PC new Woodshop/Exhibition Design Space fund 50,000

BRUCE MUSEUM INC

1 MUSEUM DR
GREENWICH,CT06830 		N/A PC cultural programming and educational outreach 25,000

BRUNSWICK SCHOOL INC

100 MAHER AVE
GREENWICH,CT06830 		N/A PC Brunswick Alumni Development Council 5,000

BRUNSWICK SCHOOL INC

100 MAHER AVE
GREENWICH,CT06830 		N/A PC Horizons at Brunswick 2023-2024 Annual Appeal for general operating support 5,000

BRUNSWICK SCHOOL INC

100 MAHER AVE
GREENWICH,CT06830 		N/A PC Horizons Summer Enrichment Program Endowment 250,000

CAGV-EDUCATION FUND INC

PO BOX 123
RIDGEFIELD,CT06877 		N/A PC Gun Violence Prevention 10,000

CAMPHILL VILLAGE U S A INC

84 CAMPHILL VILLAGE RD
COPAKE,NY12516 		N/A PC Healing Plant Garden Workspace Building Project 100,000

CARAMOOR CENTER FOR MUSIC & THE ARTS INC

PO BOX 816
KATONAH,NY10536 		N/A PC Music Outreach Programs 3,000

CHILD GUIDANCE CENTER OF SOUTHERN CT INC

103 W BROAD ST
STAMFORD,CT06902 		N/A PC General & Unrestricted 5,000

CHILDRENS LEARNING CENTERS OF FAIRFIELD COUNTY INC

64 PALMERS HILL RD
STAMFORD,CT06902 		N/A PC General & Unrestricted 5,000

CHROMOSOME 18 REGISTRY AND RESEARCH SOCIETY

7155 OAKRIDGE
SAN ANTONIO,TX78229 		N/A PC Chromosome 18 Research Program 5,000

CITY HARVEST INC

150 52ND ST
BROOKLYN,NY11232 		N/A PC City Harvest Produce Pals Program 5,000

COFFEE FOR GOOD INC

48 MAPLE AVE
GREENWICH,CT06830 		N/A PC General & Unrestricted 2,000

COLGATE UNIVERSITY

13 OAK DR
HAMILTON,NY13346 		N/A PC Student Support fund 5,000

COMMUNITY MINDFULNESS PROJECT INCORPORATED

77 GOLF LN
RIDGEFIELD,CT06877 		N/A PC CMP partnership with community organizations 10,000

CONNECTICUT COLLEGE

270 MOHEGAN AVE
NEW LONDON,CT06320 		N/A PC Annual Fund 1,000

CYSTIC FIBROSIS FOUNDATION

4550 MONTGOMERY AVE STE 1100 N
BETHESDA,MD20814 		N/A PC Cystic Fibrosis Research 5,000

FAIR HAVEN COMMUNITY HEALTH CLINIC INC

374 GRAND AVE
NEW HAVEN,CT06513 		N/A PC new Fair Haven Community Health Care facility fund 50,000

FAIRFIELD COUNTYS COMMUNITY FOUNDATION INC

40 RICHARDS AVE
NORWALK,CT06854 		N/A PC Youth Education & Career Development Initiatives 2,000

FAMILY CENTERS INC

40 ARCH ST
GREENWICH,CT06830 		N/A PC childcare and literacy programs 10,000

FAMILY LEGAL CARE INC

55 BROADWAY STE 2002
NEW YORK,NY10006 		N/A PC General & Unrestricted 2,000

FERNWOOD COVE FOUNDATION

350 ISLAND POND RD
HARRISON,ME04040 		N/A PC Camp Scholarship Fund 1,000

FIGURE SKATING IN HARLEM INC

361 WEST 125TH ST 4TH FLOOR
NEW YORK,NY10027 		N/A PC General & Unrestricted 1,000

FILLING IN THE BLANKS INC

346 MAIN AVE STE 3A
NORWALK,CT06851 		N/A PC weekend meal program for students 2,500

FRIENDS OF OFANIM INC

PO BOX 826559
PHILADELPHIA,PA19182 		N/A PC mobile education program in Israel 10,000

FRIENDS OF THE ISRAEL DEFENSE FORCES

PO BOX 4224
NEW YORK,NY10163 		N/A PC PTSD program for active-duty soliders 15,000

FSHD SOCIETY

75 NORTH MAIN ST 1073
RANDOLPH,MA02368 		N/A PC FSHD Research Program 5,000

GATHER NEW HAVEN

495 BLAKE ST UNIT C
NEW HAVEN,CT06515 		N/A PC Farm-based wellness program 5,000

GRAD BAG INC

PO BOX 605
SCARSDALE,NY10583 		N/A PC General & Unrestricted 2,500

GRASSROOT SOCCER INC

PO BOX 632
HANOVER,NH03755 		N/A PC General & Unrestricted 1,000

GREENWICH ACADEMY INC

200 N MAPLE AVE
GREENWICH,CT06830 		N/A PC STEM Faculty Professional Development Fund 200,000

GREENWICH ACADEMY INC

200 N MAPLE AVE
GREENWICH,CT06830 		N/A PC Annual Fund 1,000

GREENWICH ACADEMY INC

200 N MAPLE AVE
GREENWICH,CT06830 		N/A PC Annual Fund 3,000

GREENWICH COUNTRY DAY SCHOOL INC

401 OLD CHURCH RD
GREENWICH,CT06830 		N/A PC Parents of Alumni Annual Fund gift to center for public good 1,000

GREENWICH EMERGENCY MEDICAL SERVICE INCORPORATED

1111 E PUTNAM AVE
RIVERSIDE,CT06878 		N/A PC General & Unrestricted 5,000

GREENWICH HISTORICAL SOCIETY INC

47 STRICKLAND RD
COS COB,CT06807 		N/A PC General & Unrestricted 1,000

GREENWICH HOSPITAL

5 PERRYRIDGE RD
GREENWICH,CT06830 		N/A PC Healthy Living Prevention Program 30,000

GREENWICH LIBRARY

101 W PUTNAM AVE
GREENWICH,CT06830 		N/A PC general support and Peterson Business Award fund 10,000

GREENWICH SYMPHONY ORCHESTRA INC

PO BOX 35
GREENWICH,CT06836 		N/A PC General & Unrestricted 5,000

HAND IN HAND AMERICAN FRIENDS OF CNTR FOR JEWISH-A

PO BOX 80102
PORTLAND,OR97280 		N/A PC Growth of Hand in Hand Kfar Saba School 25,000

HARLEM ACADEMY

655 ST NICHOLAS AVE
NEW YORK,NY10030 		N/A PC Teaching partnership with Harlem School of the Arts and student scholarship fund 20,000

HARLEM LACROSSE AND LEADERSHIP CORPORATION

8 W 126TH ST 3RD FL
NEW YORK,NY10027 		N/A PC Academic and athletic support programs 3,500

HARVARD BUSINESS SCHOOL

PO BOX 412275
BOSTON,MA02241 		N/A PC HBS Annual Fund 5,000

HOSPITAL FOR SPECIAL SURGERY FUND INC

535 E 70TH ST
NEW YORK,NY10021 		N/A PC Musculoskeletal Research under the direction of Dr. Ugur Ayturk, PhD 200,000

IMPACT 100 FAIRFIELD COUNTY

PO BOX 7666
GREENWICH,CT06836 		N/A PC Funding Cycle fund 5,000

ISRAEL LACROSSE ASSOCIATION INC

16 W 22ND ST
NEW YORK,NY10010 		N/A PC Israel Lacrosse Program 10,000

JEWISH BOARD OF FAMILY & CHILDRENS SERVICES INC

463 7TH AVE 18TH FL
NEW YORK,NY10018 		N/A PC Social Work Residency fund 500,000

JEWISH FAMILY SERVICES OF GREENWICH INC

67 HOLLY HILL LN
GREENWICH,CT06830 		N/A PC Shopping for Seniors and Compassionate Companions Programs 7,500

JOSEPH SLIFKA CENTER FOR JEWISH LIFE AT YALE

80 WALL ST
NEW HAVEN,CT06511 		N/A PC Yale Jewish Renewal Fund 75,000

JUILLIARD SCHOOL

60 LINCOLN CENTER PLZ
NEW YORK,NY10023 		N/A PC General & Unrestricted 5,000

KIDS IN CRISIS INC

1 SALEM ST
COS COB,CT06807 		N/A PC Lighthouse Program Fund 5,000

LAKE WARAMAUG TASK FORCE INC

19 SACKETT HILL RD
WARREN,CT06754 		N/A PC Environmental Conservation of Lake Waramaug 10,000

LARCHMONT TEMPLE INC

75 LARCHMONT AVE
LARCHMONT,NY10538 		N/A PC Rabbi's Discretionary Fund 1,000

LEO BAECK INSTITUTE INC

15 W 16TH ST
NEW YORK,NY10011 		N/A PC General & Unrestricted 2,000

LETS GET READY INC

82 NASSAU ST 61819
NEW YORK,NY10038 		N/A PC CT State-Wide Coaching for College Success program 75,000

LIBERATION PROGRAMS INC

339 W AVE
BRIDGEPORT,CT06604 		N/A PC Charitable Event 2,500

LINCOLN CENTER FOR THE PERFORMING ARTS INC

PO BOX 22349
NEW YORK,NY10087 		N/A PC Musical performances and education programs 6,000

LYMAN ALLYN ART MUSEUM INC

625 WILLIAMS ST
NEW LONDON,CT06320 		N/A PC General & Unrestricted 1,000

MARLBORO SCHOOL OF MUSIC INC

1528 WALNUT ST STE 301
PHILADELPHIA,PA19102 		N/A PC Musicians from Marlboro Public Concert Series at Greenwich Library 36,000

MEMORIAL SLOAN-KETTERING CANCER CENTER

PO BOX 5028
HAGERSTOWN,MD21741 		N/A PC Cancer Research Fund 1,000

MERRITT PARKWAY CONSERVANCY INC

PO BOX 17072
STAMFORD,CT06907 		N/A PC General & Unrestricted 1,000

METROPOLITAN OPERA GUILD INC

30 LINCOLN CENTER
NEW YORK,NY10023 		N/A SO I General & Unrestricted 25,000

MIANUS RIVER GORGE INC

167 MIANUS RIVER RD
BEDFORD,NY10506 		N/A PC Land conservation initiatives 5,000

MORYS PRESERVATION INC

306 YORK ST
NEW HAVEN,CT06511 		N/A PC General & Unrestricted 1,000

MOUNT SINAI SCHOOL OF MEDICINE OF NEW YORK UNIVERS

ONE GUSTAVE L LEVY PL BOX 1191
NEW YORK,NY10029 		N/A PC Brookdale Department of Geriatrics and Palliative Care 5,000

NEADS INC

PO BOX 1100
PRINCETON,MA01541 		N/A PC Service dog training programs 5,000

NEW YORK HISTORICAL SOCIETY

170 CENTRAL PARK W
NEW YORK,NY10024 		N/A PC Support for exhibitions and programs 5,000

NEW YORK THEATRE WORKSHOP INC

79 E 4TH ST
NEW YORK,NY10003 		N/A PC General & Unrestricted 2,000

NEW YORK UNIVERSITY

ONE PARK AVE 5TH FL
NEW YORK,NY10016 		N/A PC Dermatology Research Program 5,000

OLD ROAD FUND INC

47 BEECHCROFT RD
GREENWICH,CT06830 		N/A PC scholarship fund and student support fund 5,000

PILOBOLUS INC

6 KIRBY RD
WASHINGTON,CT06793 		N/A PC General & Unrestricted 1,000

PRECEDE FOUNDATION INC

58 DEER RUN RD
RED HOOK,NY12571 		N/A PC PRECEDE study 5,000

PRESIDENT AND FELLOWS OF HARVARD COLLEGE

PO BOX 419209
BOSTON,MA02241 		N/A PC General & Unrestricted 1,000

PURCHASE COLLEGE FOUNDATION

735 ANDERSON HILL RD
PURCHASE,NY10577 		N/A PC General & Unrestricted 1,000

PUTNAM-INDIAN FIELD SCHOOL INC

101 INDIAN FIELD RD
GREENWICH,CT06830 		N/A PC General & Unrestricted 1,000

READING TEAM INC

PO BOX 3510
NEW YORK,NY10027 		N/A PC Expansion of literacy coaching program for Harlem students 15,000

ROYAL FAMILY PRODUCTIONS INC

145 W 46TH ST 3
NEW YORK,NY10036 		N/A PC education programs 5,000

SEEDS OF PEACE INC

1100 13TH ST NW STE 800
WASHINGTON,DC20005 		N/A PC Summer leadership program 5,000

SHAKESPEARE ON THE SOUND INC

PO BOX 15
NORWALK,CT06853 		N/A PC Educational Outreach 15,000

SHARP AGAIN NATURALLY INC

75 S BROADWAY 4TH FL STE 4491
WHITE PLAINS,NY10601 		N/A PC Supporting Brain Health Longevity in Seniors 15,000

SHATTERPROOF A NONPROFIT CORP

PO BOX 24942
NEW YORK,NY10087 		N/A PC Shatterproof's Stigma Reduction Initiative 10,000

SOUTHERN POVERTY LAW CENTER INC

400 WASHINGTON AVE
MONTGOMERY,AL36104 		N/A PC Poverty eradication programs 2,500

SQUASH HAVEN INC

33 DIXWELL AVE PMB 226
NEW HAVEN,CT06511 		N/A PC Academic and athletic enrichment programs 10,000

STAMFORD CENTER FOR THE ARTS INC

61 ATLANTIC ST
STAMFORD,CT06901 		N/A PC arts programming and education outreach 8,000

STANFORD UNIVERSITY - GSB

655 KNIGHT WAY
STANFORD,CA94305 		N/A PC BOLD Fellows Fund for Student Support 250,000

STEP UP TUTORING

1424 4TH ST STE 214
SANTA MONICA,CA90401 		N/A PC academic tutoring programs 2,500

STERLING & FRANCINE CLARK ART INST

225 S ST
WILLIAMSTOWN,MA01267 		N/A SO I cultural programming and educational outreach 35,000

SUMMER CAMP INC

8 CHURCH ST
BRIDGTON,ME04009 		N/A PC summer campers Scholarship Fund 5,000

TAFT SCHOOL CORPORATION

110 WOODBURY RD
WATERTOWN,CT06795 		N/A PC Annual Fund 1,000

TAFT SCHOOL CORPORATION

110 WOODBURY RD
WATERTOWN,CT06795 		N/A PC Financial Aid Endowment 100,000

TEMPLE SHOLOM INC

300 E PUTNAM AVE
GREENWICH,CT06830 		N/A PC Charitable Event 10,000

THAMES VALLEY MUSIC SCHOOL

270 MOHEGAN AVECONNCOLLE BOX 5294
NEW LONDON,CT06320 		N/A PC music instruction 3,000

THE ASPEN INSTITUTE INC

2300 N ST NW STE 700
WASHINGTON,DC20037 		N/A PC General & Unrestricted 1,000

THE CARNEGIE HALL CORPORATION

881 7TH AVENUE
NEW YORK,NY10019 		N/A PC Music programming and outreach 15,000

THE GREENWICH LAND TRUST INC

370 ROUND HILL RD
GREENWICH,CT06831 		N/A PC land conservation and preservation 5,000

THE METROPOLITAN MUSEUM OF ART

1000 FIFTH AVE
NEW YORK,NY10028 		N/A PC American Wing fund 5,000

THE MORGAN LIBRARY & MUSEUM

225 MADISON AVE
NEW YORK,NY10016 		N/A PC Educational programs and exhibitions 12,500

THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC

383 MAIN AVE 5TH FL
NORWALK,CT06851 		N/A PC Multiple Myeloma Research 5,000

THE NEW YORK PUBLIC LIBRARY ASTOR LENOX AND TILDEN

270 MADISON AVE 12TH FL
NEW YORK,NY10016 		N/A PC General & Unrestricted 1,000

TOGETHER ACHIEVING DREAMS FOUNDATION INC

418 BROADWAY N
NEW YORK,NY12207 		N/A PC Student mentorship program 11,500

TOGETHER ACHIEVING DREAMS FOUNDATION INC

418 BROADWAY N
NEW YORK,NY12207 		N/A PC career mentoring program for blind and low-vision students 10,000

TRINITY COLLEGE

300 SUMMIT ST
HARTFORD,CT06106 		N/A PC Trinity College Annual Fund 10,000

TRUSTEES OF COLUMBIA UNIVERSITY

PO BOX 1523
NEW YORK,NY10008 		N/A PC Weinberg Cerebral Palsy Center 3,000

TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW

622 WEST 113TH ST MC4523
NEW YORK,NY10025 		N/A PC Justice Ruth Bader Ginsberg Scholarship Fund 2,500

UJA FEDERATION OF GREENWICH

1 HOLLY HILL LN
GREENWICH,CT06830 		N/A PC community programs 10,000

WARREN LAND TRUST INC

50 CEMETERY RD
WARREN,CT06754 		N/A PC Preservation of Tanner Farm and Mountain Lake Preserve 25,000

WASHINGTON INSTITUTE FOR NEAR EAST POLICY

1111 19TH ST NW STE 500
WASHINGTON,DC20036 		N/A PC Charitable Event 7,500

WASHINGTON INSTITUTE FOR NEAR EAST POLICY

1111 19TH ST NW STE 500
WASHINGTON,DC20036 		N/A PC research and policy support 15,000

WATERSIDE SCHOOL INC

770 PACIFIC ST
STAMFORD,CT06902 		N/A PC Literacy Champions Initiative 75,000

WATERSIDE SCHOOL INC

770 PACIFIC ST
STAMFORD,CT06902 		N/A PC Annual Fund and 5K Event 5,000

WEITZMAN NATIONAL MUSEUM OF AMERICAN JEWISH HISTOR

101 S INDEPENDENCE MALL E
PHILADELPHIA,PA19106 		N/A PC General & Unrestricted 1,000

WESTCHESTER ARC FOUNDATION INC

265 SAW MILL RIVER RD
HAWTHORNE,NY10532 		N/A PC Grant for music, movement, and art therapy program 75,000

WILLIAMS COLLEGE

75 PARK ST
WILLIAMSTOWN,MA01267 		N/A PC Williams College Annual Fund 1,000

YALE UNIVERSITY

PO BOX 7611
NEW HAVEN,CT06519 		N/A PC Cancer Research 10,000

YALE UNIVERSITY

PO BOX 2038
NEW HAVEN,CT06521 		N/A PC Peter Salovey & Marta Elisa Moret Scholarship Fund 10,000

YALE UNIVERSITY

PO BOX 2038
NEW HAVEN,CT06521 		N/A PC Yale Program for the Study of Antisemitism 125,000

YALE UNIVERSITY

PO BOX 2038
NEW HAVEN,CT06521 		N/A PC Robert Blocker Scholarship Fund to provide financial aid to students within the Yale School of Music 125,000

YALE UNIVERSITY

PO BOX 2038
NEW HAVEN,CT06521 		N/A PC Yale Class of 1954 Endowment for the Peabody Museum 100,000

YALE UNIVERSITY

PO BOX 2038
NEW HAVEN,CT06521 		N/A PC Yale Emerging Climate Leaders Fellowship 75,000

YALE UNIVERSITY

PO BOX 2038
NEW HAVEN,CT06521 		N/A PC Yale Lacrosse Association 10,000

YALE UNIVERSITY

PO BOX 2038
NEW HAVEN,CT06521 		N/A PC Data Science Library fund 1,000,000

YALE UNIVERSITY ART GALLERY

PO BOX 208271
NEW HAVEN,CT06520 		N/A PC exhibitions and education programs 5,000

YONKERS PARTNERS IN EDUCATION INC

92 MAIN ST SUITE 101
YONKERS,NY10701 		N/A PC Yonkers and Jersey City College Access Programs 75,000
Total .................................right arrow 3a 4,641,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 193,291  
4 Dividends and interest from securities ....     14 3,707,207  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		525990 65,496 18 8,429,972  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 Inc/Loss 		525990 29,214 14 747,999  
bFederal Tax Refund     01 2,861  
cSTATE TAX REFUND     01 1,200  
dINTEREST INCOME FROM PFICS     14 4,384  
e
12 Subtotal. Add columns (b), (d), and (e) .. 94,710 13,086,914  
13Total. Add line 12, columns (b), (d), and (e)..................
13
13,181,624
(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.)
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

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule
Name:
S & L Marx Foundation
EIN:
20-0677535
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
COMPUTER - MARX 2019-06-01 3,790 3,788 SL 5 2   0  

TY 2024 GeneralExplanationAttachment
Name:
S & L Marx Foundation
EIN:
20-0677535
Identifier Return Reference Explanation
PART I LINE 6A (990-PF) PART I LINE 6A (990-PF) RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $8,429,972 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $65,496 TOTAL PART I, LINE 6A: $8,495,468 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $27,612,041 BOOK BASIS: $19,182,811 NET GAIN/(LOSS): $8,429,230 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $742
FORMS 926 FORMS 926 The Foundation has prepared thESE formS to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.

TY 2024 InvestmentsCorpStockSchedule
Name:
S & L Marx Foundation
EIN:
20-0677535
Name of Stock End of Year Book Value End of Year Fair Market Value
BERKSHIRE HATHAWAY INC DEL CL 219,968 2,042,760
BERKSHIRE HATHAWAY INC. CLASS 510,677 1,813,120
BLACKROCK HIGH YIELD BOND PORT 1,475,489 1,388,922
BLUE OWL CAPITAL CORPORATION 3,333,865 3,629,496
COHEN & STEERS REAL ESTATE SEC 1,386,016 1,151,250
CONSUMER DISCRETIONARY SELECT 221,672 230,856
DODGE & COX INCOME FUND 1,207,742 1,204,613
EDGEWOOD GROWTH FUND INSTI 1,093,046 1,119,705
FIDELITY 500 INDEX FUND 19,844,329 31,028,063
FINANCIAL SELECT SECTOR SPDR F 943,272 1,064,178
FS KKR CAPITAL CORP 3,487,431 3,790,205
GOLDMAN SACHS BDC INC 3,436,666 2,854,668
INVESCO QQQ TRUST 2,381,836 3,303,568
INVESCO S&P 500 EQUAL WEIGHT E 505,674 532,524
ISHARES TR S & P MIDCAP 400 IN 2,954,475 3,238,500
ISHARESLEHMAN 7-10YR 1,380,322 1,302,990
MARKET VECTORS - GOLD MINERS E 378,490 396,103
MARKET VECTORS BDC INCOME 10,056,076 9,860,642
MICROSOFT CORP 400,938 4,215,000
OIL SVC HLDRS TR 738,470 796,603
PIMCO TOTAL RETURN FUND 951,023 971,605
SELECT SECTOR SPDR INDUSTRIAL 219,380 208,049
SELECT SECTOR SPDR-HEALTH CARE 624,694 639,013
SL GREEN RLTY CORP PFD SER I - 87,824 94,760
VANECK SEMICONDUCTOR ETF 731,229 749,516
VANGUARD TOTAL BOND MARKET IND 2,500,748 2,508,277

TY 2024 InvestmentsOtherSchedule2
Name:
S & L Marx Foundation
EIN:
20-0677535
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
17 WEST ORANGE REALTY CO     613,017
26 EAST REALTY CORPORATION     955,500
ARGIN REALTY CO., INC     777,312
CLAYTON, DUBILIER & RICE FUND   2,532,223 2,781,088
CRP VIII (CARLYLE) PRVT INV OF   293,831 438,098
DARB REALTY CORPORATION     56,011
ELMONT JOINT VENTURE   6,055 12,892
FORT LEE JOINT VENTURE   5,124 5,104
GENERAL ATLANTIC INV PRTNRS SC   3,090,149 2,763,639
ITHACA JOINT VENTURE   6,543 15,166
KESMAR REALTY CO., INC     277,336
KINNEY HYBLA JOINT VENTURE   3,857 44,100
KOHLBERG PARTNERS IX, LP   3,967,518 7,725,569
KOHLBERG PARTNERS X, LP   1,038,304 1,414,598
MADISON SYNDICATE   622 2,380
MANASSAS JOINT VENTURE   4,554 22,969
MELCO HYBLA JOINT VENTURE   6,598 31,500
MONTCAN REALTY CO., INC     114,667
NEWBURY STREET PARTNERS   16,049 36,462
PETERS LAND SYNDICATE   17,772 28,263
RMWC DIRECT LENDING OPPORTUNIT   4,786,381 4,749,359
SEAFORD JOINT VENTURE   1,650 12,600
SLP VI PRIVATE INVESTORS OFFSH   2,352,931 3,425,510
STATE COLLEGE JOINT VENTURE   3,014 24,898

TY 2024 LandEtcSchedule2
Name:
S & L Marx Foundation
EIN:
20-0677535
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
COMPUTER - MARX 3,790 3,790    


TY 2024 OtherExpensesSchedule
Name:
S & L Marx Foundation
EIN:
20-0677535
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 109,312     109,312
Cell Phone Expense 5,432     5,432
Computers/Electronic Devices 975     975
Digital Subscriptions 170     170
Foundation Dues & Memberships 830     830
K-1 Exp KOHLBERG PARTNERS IX, 14,866 1,206    
K-1 Exp KOHLBERG PARTNERS X, L 133,845      
K-1 Exp RMWC DIRECT LENDING OP 61,229 61,229    
Payroll Processing Fees 2,063     2,063
Postage/Delivery Service 190     190
State or Local Filing Fees 50     50
RMWC - ADDTL ORGANIZATION EXP 9,197 9,197    


TY 2024 OtherIncomeSchedule2
Name:
S & L Marx Foundation
EIN:
20-0677535
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 Inc/Loss ELMONT JOINT VENTURE 2,739 2,739  
K-1 Inc/Loss FORT LEE JOINT VENTURE 899 899  
K-1 Inc/Loss ITHACA JOINT VENTURE 1,291 1,291  
K-1 Inc/Loss KINNEY HYBLA JOINT VENTURE 792 792  
K-1 Inc/Loss KOHLBERG PARTNERS IX, LP 36,913 10,855  
K-1 Inc/Loss KOHLBERG PARTNERS X, LP 3,272 116  
K-1 Inc/Loss MADISON SYNDICATE 496 496  
K-1 Inc/Loss MANASSAS JOINT VENTURE 3,113 3,113  
K-1 Inc/Loss MELCO HYBLA JOINT VENTURE 3,968 3,968  
K-1 Inc/Loss NEWBURY STREET PARTNERS 5,311 5,311  
K-1 Inc/Loss PETERS LAND SYNDICATE -936 -936  
K-1 Inc/Loss RMWC DIRECT LENDING OPPORTUNITIES FU 718,704 718,704  
K-1 Inc/Loss SEAFORD JOINT VENTURE 1,882 1,882  
K-1 Inc/Loss STATE COLLEGE JOINT VENTURE -1,231 -1,231  
Federal Tax Refund 2,861    
State Tax Refund 1,200    
interest income from pfics 4,384 4,384  


TY 2024 OtherProfessionalFeesSchedule
Name:
S & L Marx Foundation
EIN:
20-0677535
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 139,240 139,240    


TY 2024 TaxesSchedule
Name:
S & L Marx Foundation
EIN:
20-0677535
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2024 67,600      
990-PF Excise Tax for 2023 3,678      
990-PF Extension for 2023 4,100      
Foreign Tax Paid 892 892    
State Income Tax 2023 100