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
PSALM 103 FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)150 WYEBROOK ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HONEY BROOK, PA19344
A Employer identification number

23-2500843
B Telephone number (see instructions)

(908) 963-3097
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$145,968,976J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,225,199 3,052,749  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,394,776
b Gross sales price for all assets on line 6a 39,373,340
7 Capital gain net income (from Part IV, line 2)... 4,394,776
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
12,919 10,360  
12 Total. Add lines 1 through 11........ 7,632,894 7,457,885  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
20,906 0   20,906
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
167,276 167,029   247
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
210,642 156,588   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,896 7,675   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 406,720 331,292   21,153
25 Contributions, gifts, grants paid....... 8,399,435 8,399,435
26 Total expenses and disbursements. Add lines 24 and 25 8,806,155 331,292   8,420,588
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,173,261
b Net investment income (if negative, enter -0-) 7,126,593
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets 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............. 230,374 184,753 184,753
2 Savings and temporary cash investments......... 2,984,382 2,935,370 2,935,370
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 83,976,146 Click to see attachment
List of Attached Documents:
// Content
81,909,537 		103,915,170
c Investments—corporate bonds (attach schedule)....... 34,874,588 Click to see attachment
List of Attached Documents:
// Content
36,277,230 		31,676,780
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).......... 479,392 Click to see attachment
List of Attached Documents:
// Content
127,500 		409,926
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
8,846,977 		Click to see attachment
List of Attached Documents:
// Content
6,846,977 		Click to see attachment
List of Attached Documents:
// Content
6,846,977
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 131,391,859 128,281,367 145,968,976
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 131,391,859 128,281,367
29 Total net assets or fund balances (see instructions)..... 131,391,859 128,281,367
30 Total liabilities and net assets/fund balances (see instructions). 131,391,859 128,281,367
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
131,391,859
2
Enter amount from Part I, line 27a .....................
2
-1,173,261
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
62,769
4
Add lines 1, 2, and 3 ..........................
4
130,281,367
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,000,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
128,281,367
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 PUBLIC TRADED SECURITIES      
b GLENMEDE PE FUND III P    
c GLENMEDE PE FUND VIII P    
d SCP PE PARTNERS II P    
e SCP PE PARTNERS II P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 38,644,473   34,774,133 3,870,340
b     50,157 -50,157
c 1,610     1,610
d 126,454   126,454 0
e     27,820 -27,820
600,803     600,803
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       3,870,340
b       -50,157
c       1,610
d       0
e       -27,820
      600,803
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 4,394,776
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 99,060
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 99,060
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 99,060
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 99,210
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 124,210
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 668
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 24,482
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow24,482 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
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 arrowPA
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowOFFICERS Telephone no.right arrow (215) 994-2256

Located atright arrow150 WYEBROOK ROADHONEY BROOKPA ZIP+4right arrow19344
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
HEATHER TEMPLETON DILL TRUSTEE, PRESIDENT
1.00 		0 0 0
150 WYEBROOK ROAD
HONEY BROOK,PA19344
JENNIFER TEMPLETON SIMPSON TRUSTEE, VP
1.00 		0 0 0
150 WYEBROOK ROAD
HONEY BROOK,PA19344
JEFF DILL TRUSTEE, TREASURER
1.00 		0 0 0
150 WYEBROOK ROAD
HONEY BROOK,PA19344
SCOTT SIMPSON TRUSTEE, SECRETARY
1.00 		0 0 0
150 WYEBROOK ROAD
HONEY BROOK,PA19344
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
ALLIANCEBERSTEIN LP INVESTMENT MGMT 166,782
1345 AVENUE OF THE AMERICAS
NEW YORK,NY10105
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
134,506,898
b
Average of monthly cash balances.......................
1b
1,225,840
c
Fair market value of all other assets (see instructions)................
1c
496,491
d
Total (add lines 1a, b, and c).........................
1d
136,229,229
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
136,229,229
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,043,438
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
134,185,791
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,709,290
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
6,709,290
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
99,060
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
99,060
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,610,230
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,610,230
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
6,610,230
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
8,420,588
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
8,420,588
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 6,610,230
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 1,044,655
b From 2020...... 5,447,646
c From 2021...... 1,211,024
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 7,703,325
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 8,420,588
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 6,610,230
e Remaining amount distributed out of corpus 1,810,358
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 9,513,683
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		1,044,655
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		8,469,028
10 Analysis of line 9:
a Excess from 2020.... 5,447,646
b Excess from 2021.... 1,211,024
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024.... 1,810,358
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

A HAVEN

623 N POTTSTOWN PIKE
EXTON,PA19341 		NONE PC RENT, CRM UPGRADE, BOARD PATROL AND VIDEOGRAPHER 67,000

ACTON INSTITUTE

98 E FULTON STREET SUITE 101
GRAND RAPIDS,MI49503 		NONE PC THE SOCIAL FLOURISHING PROJECT 50,000

AFRICAN MISSION HEALTHCARE

101 N WOODLAND BLVD SUITE 500
DELAND,FL32720 		NONE PC SAFE ANESTHESIA & SURGERY GRANT 100,000

AMERICAN TRAUMA SOCIETY PA DIV

2 FLOWER DRIVE
MECHANICSBURG,PA170501701 		NONE PC GENERAL SUPPORT 125,000

ARTWELL COLLABORATIVE INC

100 W OXFORD ST STE E-1200
PHILADELPHIA,PA19122 		NONE PC GENERAL SUPPORT 100,000

ASSOCIATION OF CHRISTIAN SCHOOLS INTERNATIONAL

PO BOX 62249
COLORADO SPRINGS,CO80962 		NONE PC 3C GRANT 148,000

BAKER INDUSTRIES

184 PENNSYLVANIA AVENUE
MALVERN,PA19355 		NONE PC GENERAL SUPPORT 20,000

BOSTON UNIVERSITY

COMMONWEALTH AVE
BOSTON,MA02215 		NONE PC WRITING IN THE DISIPLINES PROGRAM 100,000

CHESTER COUNTY FOOD BANK

650 PENNSYLVANIA DRIVE
EXTON,PA19341 		NONE PC FREEWILL PLATFORM GRANT 23,047

CHRISTIAN COMMUNITY HEALTH FELLOWSHIP

2595 CENTRAL AVE
MEMPHIS,TN38104 		NONE PC MEDICAL CAMPUS OUTREACH - SMI 6,000

CITYTEAM MINISTRIES

634 SPROUL STREET
CHESTER,PA19013 		NONE PC ANGEL EVENT 20,000

COMMONWEALTH FOUNDATION FOR PUBLIC POLICY

225 STATE STREET STE 302
HARRISBURG,PA171011129 		NONE PC EDUCATIONAL OPPORTUNITY PROJECT 50,000

CRADLE OF LIBERTY COUNCIL

901 E 8TH AVE SUITE 103
KING OF PRUSSIA,PA19406 		NONE PC GENERAL SUPPORT 77,648

CROSSWORLD

10000 N OAK TR FWY
KANSAS CITY,MO64155 		NONE PC WHITMER SHALOM UNIVERSITY MINISTRY 50,000

CRU (FORMERLY CAMPUS CRUSADE FOR CHRIST)

100 LAKE HART DRIVE 2400
ORLANDO,FL32832 		NONE PC DEHUFF MINISTRY 5,000

EAST FOUNDATION

200 CONCORD PLAZA DRIVE SUITE 410
SAN ANTONIO,TX78216 		NONE PC JOHN M TEMPLETON JR SCHOLARSHIP 10,000

EASTERN UNIVERISTY

1300 EAGLE ROAD
ST DAVIDS,PA190873696 		NONE PC THC 350,000

EASTERN UNIVERISTY

1300 EAGLE ROAD
ST DAVIDS,PA190873696 		NONE PC BUILDING 2,750,000

EDIFY

8825 AERO DRIVE SUITE 220
SAN DIEGO,CA92123 		NONE PC GENERAL SUPPORT 75,000

EMMANUEL RESURRECTION CHURCH

123 S 17TH STREET
PHILADELPHIA,PA19103 		NONE PC GENERAL SUPPORT 5,000

FOREIGN POLICY RESEARCH INSTITUTE

1528 WALNUT STREET 610
PHILADELPHIA,PA19102 		NONE PC GENERAL FUND AND TEMPLETON FELLOWS 350,000

FOUNDATION FOR DRUG POLICAY SOLUTIONS

107 S WEST STREET SUITE 757
ALEXANDRIA,VA22314 		NONE PC GENERAL SUPPORT 100,000

FREEDOMS FOUNDATION AT VALLEY FORGE

PO BOX 67
VALLEY FORGE,PA194810067 		NONE PC GENERAL SUPPORT 25,000

HABITAT FOR HUMANITY INTERNATIONAL INC

1829 N 19TH STREET
PHILADELPHIA,PA19121 		NONE PC COLTRANE COMMONS 550,000

HOPE WALKS

PO BOX 1098
MECHANICSBURG,PA17055 		NONE PC GENERAL SUPPORT 40,000

INTERNATIONAL HEALTH SERVICES

PO BOX 265
SOUTHEASTERN,PA19399 		NONE PC GENERAL SUPPORT 15,000

LAUSANNE COMMITTEE FOR WORLD EVANGELIZATION

10524 MOSS PARK ROAD STE 201 358
ORLANDO,FL328325802 		NONE PC LAUSANNE 4 PROCESS 50,000

LIBERTAS INSTITUTE

2183 WEST NAUB STREET SUITE A102
LEHI,UT84043 		NONE PC CHILDREN'S ENTREPRENEUR MARKET IN PHILADELPHIA 20,000

PHILADELPHIA SKATING CLUB AND HUMANE SOCIETY

220 HOLLAND AVENUE
ARDMORE,PA19003 		NONE PC CAPITAL CAMPAIGN 241,761

PHILADELPHIA SKATING CLUB AND HUMANE SOCIETY

220 HOLLAND AVENUE
ARDMORE,PA19003 		NONE PC CAPITAL CAMPAIGN 8,444

PHILADELPHIA SKATING CLUB AND HUMANE SOCIETY

220 HOLLAND AVENUE
ARDMORE,PA19003 		NONE PC CAPITAL CAMPAIGN 100

PHILADELPHIA SKATING CLUB AND HUMANE SOCIETY

220 HOLLAND AVENUE
ARDMORE,PA19003 		NONE PC CAPITAL CAMPAIGN 97,768

PHILADELPHIA YOUTH ORCHESTRA

PO BOX 41810
PHILADELPHIA,PA191011810 		NONE PC GENERAL SUPPORT 75,000

PHILLY HOUSE (FKA SUNDAY BREAKFAST ASSOCIATION OF PHILADELPHIA)

302 N 13TH STREET
PHILADELPHIA,PA19107 		NONE PC HOMECOMING BUILDING COMMUNITY FOR HOMELESS MEN 250,000

PRISON FELLOWSHIP MINISTRIES

44180 RIVERSIDE PARKWAY STE 100
LANSDOWNE,VA201768421 		NONE PC GENERAL SUPPORT 250,000

SACRED HEART OF JESUS PARISH

1200 DAYTON STREET
GRAND RAPIDS,MI495046179 		NONE PC GENERAL SUPPORT 25,000

SAM INC

590 TERRY REILEY WAY
POTTSVILLE,PA17901 		NONE PC INSTALLMENT 3 OF GRANT 100,000

SERVING LEADERS MINISTRIES INC

1564 MCDANIEL DRIVE
WEST CHESTER,PA193806672 		NONE PC GENERAL SUPPORT 25,000

THE CITY SCHOOL

860 N 24TH STREET
PHILADELPHIA,PA19130 		NONE PC GENERAL SUPPORT 350,000

THE DECENCY FOUNDATON

PO BOX 18831
PHILADELPHIA,PA19119 		NONE PC NU AG HUN-VAL DAIRY PROJECT 40,000

THE NAVIGATORS

3820 N 30TH STREET
COLORADO SPRINGS,CO80904 		NONE PC PRISON MINISTRY 8,000

UPENN

3451 WALNUT STREET
PHILADELPHIA,PA19104 		NONE PC NEUROSURGERY GENOMIC ANALYSIS FUND 250,000

VANGUARD CHARITABLE

PO BOX 9509
WARWICK,RI028899509 		  PC DAF CONTRIBUTION 1,000,000

WILLIAMSON COLLEGE OF THE TRADES

106 S NEW MIDDLETOWN ROAD
MEDIA,PA19063 		NONE PC SECURING THE FUTURE OF WILLIAMSON'S CHAPLAINCY PROGRAM 166,667

WORLD VISION

PO BOX 70200 MS110
TACOMA,WA984810200 		NONE PC STRONG WOMEN STRONG WORLD 200,000

YOUNG LIFE - W PHILADELPHIA SUBURBS

PO BOX 7335
ST DAVIDS,PA19087 		NONE PC LEADERSHIP FOUNDATIONS INITIATIVE 30,000
Total .................................right arrow 3a 8,399,435
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 3,225,199  
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 12,919  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 4,394,776  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 7,632,894 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
7,632,894
(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

TY 2024 InvestmentsCorpBondsSchedule
Name:
PSALM 103 FOUNDATION
EIN:
23-2500843
Name of Bond End of Year Book Value End of Year Fair Market Value
AB GLOBAL BOND FUND - CL I 7,469,768 6,566,070
BERNSTEIN INTER. DURATION INSTITUTIONAL 28,807,462 25,110,710

TY 2024 InvestmentsCorpStockSchedule
Name:
PSALM 103 FOUNDATION
EIN:
23-2500843
Name of Stock End of Year Book Value End of Year Fair Market Value
AB CAP FD INC GLOBAL CORE EQI PORTFOLIO ADV CL 7,692,851 9,002,556
AB DISCOVERY GROWTH FUND- AD 1,928,628 2,176,171
AB DISCOVERY GROWTH FUND- AD 15,731 19,836
AB DISCOVERY VALUE-ADV 2,625,952 2,772,139
AB DISCOVERY VALUE-ADV 25,122 25,172
AB SMALL CAP CORE PORTFOLIO AD 17,898 17,186
AB SMALL CAP CORE PORTFOLIO AD 1,852,978 1,898,928
AB SMALL CAP GROWTH PORTFOLIO 1,052,476 1,114,685
AB SMALL CAP VALUE PORTFOLIO 1,076,393 1,082,757
ADOBE INC 681,660 622,997
ADOBE INC 7,086 5,781
ALPHABET INC 1,368,255 2,940,203
ALPHABET INC 19,665 26,852
AMAZON 1,688,457 2,552,822
AMAZON.COM INC 16,087 23,475
AMEREN CORP 3,652 3,655
AMEREN CORP 392,736 392,929
AMERICAN ELECTRIC POWER 3,446 3,874
AMERICAN ELECTRIC POWER 357,713 424,904
APPLE INC 912,220 2,765,889
APPLE INC 17,871 25,292
AUTOZONE INC 186,392 393,846
AUTOZONE INC 2,558 3,202
BAKER HUGHES COMPANY 5,222 6,030
BAKER HUGHES COMPANY 537,427 671,744
BANK OF AMERICA CORP 419,729 724,867
BANK OF AMERICA CORP 4,781 6,856
BERNSTEIN EMERGING MARKETS PORTFOLIO 31,133 32,641
BERNSTEIN EMERGING MARKETS PORTFOLIO 9,112,214 9,169,645
BERNSTEIN INTL SMALL CAP PORTFOLIO 2,555,229 2,791,815
BERNSTEIN INTL SMALL CAP PORTFOLIO 47,020 48,811
BERNSTEIN INTL STRATEGIC EQI PORTFOLIO 206,261 229,123
BERNSTEIN INTL STRATEGIC EQI PORTFOLIO 16,394,698 18,540,528
BOOZ ALLEN HAMILTON HOLDINGS 1,134 1,287
BOOZ ALLEN HAMILTON HOLDINGS 109,488 148,520
BROADCOM INC 7,722 15,533
BROADCOM INC 801,237 1,691,041
CAMECO CORP 2,302 3,032
CAMECO CORP 257,925 339,328
CDW CORPORATION 2,308 1,914
CDW CORPORATION 178,669 219,813
CHARLES SCHWAB CORP NEW 7,021 8,067
CHARLES SCWAB CORP NEW 819,561 876,574
CHEVRON CORPORATION 166,411 158,310
CHEVRON CORPORATION 1,676 1,448
COCA COLA COMPANY 475,647 519,062
COCO COLA COMPANY 4,388 4,670
COMCAST CORP 651,580 600,555
COMCAST CORP 6,584 5,517
CONSTELLATION BRANDS INC 3,768 3,315
CONSTELLATION BRANDS INC 395,451 373,269
CORTEVA INC 441,158 468,553
CORTEVA INC 4,129 4,329
COSTCO WHOLESALE CORP-NEW 181,328 416,903
COSTCO WHOLESALE CORP-NEW 2,258 3,665
CSX CORPORATION 739,726 760,862
CSX CORPORATION 6,990 7,003
DEERE & CO 396,873 415,650
DEERE & CO 3,640 3,813
DIGITAL REALTY TRUST INC 3,729 3,724
DIGITAL REALTY TRUST INC 410,555 409,987
EATON CORPORATION PLC 414,182 810,427
EATON CORPORTATION PLC 5,049 7,301
EDWARDS LIFESCIENCES CORP 287,774 257,106
EDWARDS LIFESCIENCES CORP 2,499 2,369
EOG RESOURCES INC 7,505 6,987
EOG RESOURCES INC 613,177 753,377
FISERV INC 4,481 4,930
FISERV INC 493,604 542,309
GE VERNOVA LLC 2,642 4,934
GE VERNOVA LLC 275,474 543,392
GOLDMAN SACHS GROUP INC 548,292 1,030,716
GOLDMAN SACHS GROUP INC 5,856 9,162
HOME DEPOT INC 496,301 763,198
HOME DEPOT INC 6,321 7,391
HONEYWELL INTL INC 2,774 2,937
HONEYWELL INTL INC 315,906 334,995
HUBSPOT INC 2,227 2,787
HUBSPOT INC 229,361 287,069
HYATT HOTELS CORP 162,998 209,725
HYATT HOTELS CORP 1,279 1,884
IQVIA HOLDINGS INC 6,637 6,092
IQVIA HOLDINGS INC 705,457 661,846
KLA CORPORATION 261,994 354,758
KLA CORPORATION 2,726 3,151
LABCORP HOLDINGS INC 3,543 3,440
LABCORP HOLDINGS INC 383,344 371,957
LINDE PLC 380,617 477,284
LINDE PLC 3,925 4,187
LYONDELLBASELL INDUSTRIES 568,252 485,429
LYONDELLBASELL INDUSTRIES 5,765 4,456
MEDTRONIC PLC 872,061 704,142
MEDTRONIC PLC 6,733 6,470
MERCK & CO INC 4,867 3,780
MERCK & CO INC 529,256 421,895
META PLATFORMS INC 1,002,784 1,981,366
META PLATFORMS INC 16,568 18,151
MICROSOFT CORP 35,790 39,200
MICROSOFT CORP 2,186,185 4,262,208
NIKE INC 375,568 331,813
NIKE INC 3,799 2,951
NVIDIA CORP 32,323 36,258
NVIDIA CORP 948,603 3,962,092
NXP SEMICONDUCTORS N V 5,738 5,612
NXP SEMICONDUCTORS NV 538,870 617,730
ORACLE CORPORATION 606,660 1,058,164
ORACLE CORPORATION 6,488 9,665
OTIS WORLDWIDE CORPORATION 2,897 3,334
OTIS WORLDWIDE CORPORATION 329,621 368,032
PACCAR INC 3,988 4,681
PACCAR INC 437,055 504,497
PENTAIR PLC 1,587 2,013
PENTAIR PLC 175,791 221,811
PROCTER & GAMBLE CO 480,860 540,336
PROCTER & GAMBLE CO 4,570 5,030
PROGRESSIVE CORP OHIO 476,370 748,542
PROGRESSIVE CORP-OHIO 4,050 6,949
PROLOGIS INC 5,623 4,862
PROLOGIS INC 560,886 509,368
QUALCOMM INC 1,474 1,843
QUALCOMM INC 187,150 194,176
REGENERON PHARMACEUTICALS INC 382,769 312,001
REGENERON PHARMACUETICALS INC 3,665 2,849
ROCHE HOLDING LTD 4,016 3,802
ROCHE HOLDING LTD 463,019 413,781
SERVICENOW INC 1,180 2,120
SERVICENOW INC 138,694 216,264
STARBUCKS CORP 344,658 333,519
STARBUCKS CORP 3,110 3,011
TAIWAN SEMICONDUCTOR MFG CO 3,586 3,950
TAIWAN SEMICONDUCTOR MFG CO 400,563 435,663
THERMO FISHER SCIENTIFIC INC 4,638 4,682
THERMO FISHER SCIENTIFIC INC 485,723 487,976
T-MOBILE US INC 463,602 720,242
T-MOBILE US INC 4,156 6,401
UNITEDHEALTH GROUP INC 1,014,727 1,452,324
UNITEDHEALTH GROUP INC 12,776 13,152
VERTEX PHARMACEUTICALS INC 4,316 4,832
VERTEX PHARMACEUTICALS INC 381,155 526,329
VISA INC 1,284,282 2,065,005
VISA INC 14,962 19,278
WALMART INC 7,586 12,468
WALMART INC 704,543 1,361,755
WALT DISNEY CO 642,972 720,435
WALT DISNEY CO 5,524 6,681
WATERS CORP 3,449 4,452
WATERS CORP 381,657 475,596
WELLS FARGO & CO 5,486 8,920
WELLS FARGO & CO 658,063 998,181
WESTERN DIGITAL CORP 1,190 1,312
WESTERN DIGITAL CORP 143,656 138,401
WILLIS TOWERS WATSON 226,835 299,457
WILLIS TOWERS WATSON PUBLIC 1,840 2,819
ZOETIS INC 3,064 3,096
ZOETIS INC 321,099 338,894

TY 2024 InvestmentsOtherSchedule2
Name:
PSALM 103 FOUNDATION
EIN:
23-2500843
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GLENMEDE PRIVATE EQUITY FUND III AT COST 0 64,467
GLENMEDE PRIVATE INVESTMENT FUND VIII AT COST 127,500 345,459

TY 2024 LegalFeesSchedule
Name:
PSALM 103 FOUNDATION
EIN:
23-2500843
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 10,906 0   10,906
TAX PREPARATION FEE 10,000 0   10,000


TY 2024 OtherAssetsSchedule
Name:
PSALM 103 FOUNDATION
EIN:
23-2500843
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PRI - CITY SCHOOL 8,846,977 6,846,977 6,846,977


TY 2024 OtherDecreasesSchedule
Name:
PSALM 103 FOUNDATION
EIN:
23-2500843
Description Amount
FORGIVEN PRI DEBT 2,000,000


TY 2024 OtherExpensesSchedule
Name:
PSALM 103 FOUNDATION
EIN:
23-2500843
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GLENMEDE PE FUND III K-1 6,359 6,359   0
GLENMEDE PI FUND VIII K-1 25 25   0
SCP PE PARTNERS II K-1 1,291 1,291   0
BANK FEES 221 0   0


TY 2024 OtherIncomeSchedule2
Name:
PSALM 103 FOUNDATION
EIN:
23-2500843
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GLENMEDE PI FUND VIII K-1 2,559 0 2,559
GLENMEDE PI FUND VIII K-1 1,181 1,181 1,181
CLASS ACTION PROCEEDS 3,754 3,754 3,754
HILCORP SAN JUAN LP 5,425 5,425 5,425


TY 2024 OtherIncreasesSchedule
Name:
PSALM 103 FOUNDATION
EIN:
23-2500843
Description Amount
DIFFERENCE BETWEEN BOOK VALUE AND FMV OF STOCK DONATED 44,520
ROUNDING 1
COST BASIS ADJ 18,248


TY 2024 OtherProfessionalFeesSchedule
Name:
PSALM 103 FOUNDATION
EIN:
23-2500843
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CORPORATE REPRESENTATION 247 0   247
INVESTMENT MANAGEMENT-BERNSTEIN 166,782 166,782   0
GLENMEDE FEE 247 247   0


TY 2024 TaxesSchedule
Name:
PSALM 103 FOUNDATION
EIN:
23-2500843
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES WITHHELD ON DIVIDENDS 156,588 156,588   0
EXCISE TAXES 54,054 0   0