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
BENDER FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)CO 1150 CONNECTICUT AVENUE NW
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20036
A Employer identification number

52-6054193
B Telephone number (see instructions)

(202) 828-9000
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$157,361,161J 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 209,072 209,072  
4 Dividends and interest from securities... 3,110,914 3,110,914  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,630,424
b Gross sales price for all assets on line 6a 10,347,606
7 Capital gain net income (from Part IV, line 2)... 2,630,424
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
1,831,372 1,831,372  
12 Total. Add lines 1 through 11........ 7,781,782 7,781,782  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 376,622 169,480   103,424
14 Other employee salaries and wages...... 100,404 10,040   90,364
15 Pension plans, employee benefits....... 139,114 40,594   103,909
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
562,990 445,026   34,539
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
119,234 68,480   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
14,478 0  
20 Occupancy.............. 47,178 14,440   45,738
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
249,032 29,824   42,330
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,609,052 777,884   420,304
25 Contributions, gifts, grants paid....... 6,152,172 6,152,172
26 Total expenses and disbursements. Add lines 24 and 25 7,761,224 777,884   6,572,476
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 20,558
b Net investment income (if negative, enter -0-) 7,003,898
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.............   2 2
2 Savings and temporary cash investments......... 2,470,547 2,513,425 2,513,425
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   1,180    
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)..... 135,040 168,800 168,800
7 Other notes and loans receivable (attach schedule) right arrow39,049,745
Less: allowance for doubtful accounts right arrow0 39,049,745 39,049,745 39,049,745
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 129,254 115,015 115,015
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 52,995,633 Click to see attachment
List of Attached Documents:
// Content
52,828,751 		52,828,751
c Investments—corporate bonds (attach schedule)....... 15,670,141 Click to see attachment
List of Attached Documents:
// Content
15,502,030 		15,502,030
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).......... 38,208,461 Click to see attachment
List of Attached Documents:
// Content
45,313,676 		45,313,676
14 Land, buildings, and equipment: basis right arrow679,273
Less: accumulated depreciation (attach schedule) right arrow23,105 596,616 Click to see attachment
List of Attached Documents:
// Content
656,168 		656,168
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,371,360 		Click to see attachment
List of Attached Documents:
// Content
1,213,549 		Click to see attachment
List of Attached Documents:
// Content
1,213,549
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 150,627,977 157,361,161 157,361,161
Liabilities 17 Accounts payable and accrued expenses.......... 75,130 3,000
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)......... 75,130 3,000
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 150,552,847 157,358,161
29 Total net assets or fund balances (see instructions)..... 150,552,847 157,358,161
30 Total liabilities and net assets/fund balances (see instructions). 150,627,977 157,361,161
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
150,552,847
2
Enter amount from Part I, line 27a .....................
2
20,558
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
6,784,756
4
Add lines 1, 2, and 3 ..........................
4
157,358,161
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
157,358,161
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 K1 PARTNERSHIP INVESTMENTS ST P    
b VANGUARD INVESTMENTS ST      
c VANGUARD INVESTMENTS LT      
d MERRILL LYNCH # 2038 ST      
e MERRILL LYNCH # 2038 LT      
MERRILL LYNCH #2041 ST      
MERRILL LYNCH #2041 LT      
MERRILL LYNCH # 2044 ST      
MERRILL LYNCH # 2044 LT      
K1 PARTNERSHIP INVESTMENTS LT 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     303,099 -303,099
b 349,221   331,481 17,740
c 6,934,769   5,401,726 1,533,043
d 46,906   45,201 1,705
e 858,489   877,842 -19,353
134,877   138,671 -3,794
222,579   213,195 9,384
100,000   99,752 248
445,833   306,215 139,618
128,967     128,967
1,125,965     1,125,965
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       -303,099
b       17,740
c       1,533,043
d       1,705
e       -19,353
      -3,794
      9,384
      248
      139,618
      128,967
      1,125,965
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 2,630,424
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 97,354
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 97,354
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 97,354
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 184,153
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 184,153
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 86,799
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow86,799 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMD
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowJULIE BENDER SILVERPRESIDENT Telephone no.right arrow (202) 828-9000

Located atright arrow4801 HAMPDEN LANE UNIT 104BETHESDAMD ZIP+4right arrow20814
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)
Yes
 
(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
DAVID S BENDER VP/TREASURER/SECRETARY
5.00 		12,000 0 0
1150 CONNECTICUT AVENUE NW 900
WASHINGTON,DC20036
BARBARA A BENDER VICE PRESIDENT
5.00 		12,000 33,244 0
1150 CONNECTICUT AVENUE NW 900
WASHINGTON,DC20036
JASON BELINKIE DIRECTOR
25.00 		142,610 3,371 0
1150 CONNECTICUT AVENUE NW 900
WASHINGTON,DC20036
JENA RILEY DIRECTOR
5.00 		2,800 0 0
1150 CONNECTICUT AVENUE NW 900
WASHINGTON,DC20036
JULIE BENDER SILVER PRESIDENT
40.00 		203,112 59,532 0
1150 CONNECTICUT AVENUE NW 900
WASHINGTON,DC20036
DAVID SILVER DIRECTOR
5.00 		2,300 0 0
1150 CONNECTICUT AVENUE NW 900
WASHINGTON,DC20036
NIKKI BENDER COLE DIRECTOR
5.00 		1,800 0 0
1150 CONNECTICUT AVENUE NW 900
WASHINGTON,DC20036
NANETTE BENDER DIRECTOR
5.00 		0 0 0
1150 CONNECTICUT AVENUE NW 900
WASHINGTON,DC20036
JAKE BENDER DIRECTOR
5.00 		0 0 0
1150 CONNECTICUT AVENUE NW 900
WASHINGTON,DC20036
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
SUZANNE VERMILLION EMPLOYEE
40.00 		100,404 11,334 0
1150 CONNECTICUT AVE NW 900
WASHINGTON,DC20036
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
INTENTIONAL PHILANTHROPY LLC CONSULTING 119,782
3 BETHESDA METRO CENTER 960
BETHESDA,MD20814
STEVEN J SCHWARTZ CONSULTING 101,592
1150 CONNECTICUT AVE STE 900 NW
WASHINGTON,DC20036
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
110,247,987
b
Average of monthly cash balances.......................
1b
2,491,987
c
Fair market value of all other assets (see instructions)................
1c
41,191,315
d
Total (add lines 1a, b, and c).........................
1d
153,931,289
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
153,931,289
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,308,969
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
151,622,320
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
7,581,116
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
7,581,116
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
97,354
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
97,354
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,483,762
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
7,483,762
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
7,483,762
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
6,572,476
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
6,572,476
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 7,483,762
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 614,971
b Total for prior years:20 , 20, 20 0
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 ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 6,572,476
a Applied to 2023, but not more than line 2a 614,971
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..... 5,957,505
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		1,526,257
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
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

MONTGOMERY COUNTY

100 MARYLAND AVE 6TH FLOOR
ROCKVILLE,MD20850 		  PUBLIC CHARITY COMMUNITY ENGAGEMENT & STRATEGIC 75,000

NATIONAL DOWN SYNDROME SOCIETY

1155 15TH STREET NW SUITE 540
WASHINGTON,DC20005 		  PUBLIC CHARITY GENERAL OPERATING EXPENSES 1,000

SMITHSONIAN NATIONAL MUSEUMS

235 SECOND ST NE
WASHINGTON,DC20002 		  PUBLIC CHARITY EARMARKED FOR EARLY CHILDHOOD 25,000

ALL FOR RECOVERY

10 CASTLE GARDEN COURT
OLNEY,MD20832 		  PUBLIC CHARITY GENERAL OPERATIONS SUPPORT TO PROVIDE GRANTS TO THOSE SUFFERING FROM ADDICTION 60,000

EVERYMIND

1000 TWINBROOK PARKWAY
ROCKVILLE,MD20851 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 50,000

PARENT ENCOURAGEMENT PROGRAM INC

10100 CONNECTICUT AVENUE
KENSINGTON,MD20895 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000

REACH EDUCATION INC

10105 REPRISE DR
ROCKVILLE,MD20850 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 100,000

MEDSTAR WASHINGTON HOSPITAL CENTER

110 IRVING ST NW
WASHINGTON,DC20010 		  PUBLIC CHARITY MEDSTAR WASH. HOSPITAL CENTER HEART HOSPITAL 10 OF 10 250,000

ANTI-DEFAMATION LEAGUE

1100 CONNECTICUT AVENUE NW
WASHINGTON,DC20036 		  PUBLIC CHARITY DC EDUCATION INITIATIVES 2 OF 3 250,000

ANTI-DEFAMATION LEAGUE

1100 CONNECTICUT AVENUE NW
WASHINGTON,DC20036 		  PUBLIC CHARITY CONCERT AGAINST HATE 25,000

JEWISH WOMEN INTERNATIONAL

1129 20TH NW SUITE801
WASHINGTON,DC20036 		  PUBLIC CHARITY YOUNG WOMEN'S IMPACT NETWORK 150,000

JEWISH WOMEN INTERNATIONAL

1129 20TH STREET NW 801
WASHINGTON,DC20036 		  PUBLIC CHARITY WOMEN TO WATCH EVENT & CONFERENCE 50,000

DC SCORES

1140 CONNECTICUT AVE NW SUITE 1200
WASHINGTON,DC20036 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000

AJC

1156 15TH STREET NW SUITE 1200
WASHINGTON,DC20005 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 50,000

FRIENDSHIP CIRCLE INC

11621 SEVEN LOCKS ROAD
POTOMAC,MD20854 		  PUBLIC CHARITY ALL SEASON PERGOLA 25,000

ASSOCIATION FOR SAFE INTERNATIONAL ROAD TRAVEL

11769 GAINSBORUGH ROAD
POTOMAC,MD20854 		  PUBLIC CHARITY PROTECTING STUDENTS AND HUMANITARIAN WORKERS ON ROADS 10,000

GIRLS ON THE RUN OF MONTGOMERY COUNTY

11821 PARKLAWN DR 125
ROCKVILLE,MD20852 		  PUBLIC CHARITY FINANCIAL AID AND SHOES 25,000

JEWISH COUNCIL FOR THE AGING

12320 PARKLAWN DRIVE
ROCKVILLE,MD20852 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 30,000

HOPE AND A HOME

1236 COLUMBIA ROAD NW
WASHINGTON,DC20009 		  PUBLIC CHARITY GRACE DICKERSON HIGHER EDUCATION PROGRAMS 60,000

THE NATIONAL THEATRE

1321 PENNSYLVANIA AVE NW
WASHINGTON,DC20004 		  PUBLIC CHARITY ANNUAL MEMBERSHIP 1,500

SULAM

13300 ARCTIC AVE
ROCKVILLE,MD20853 		  PUBLIC CHARITY SULAM BENEFIT 5,000

THE LITERACY LAB

1400 16TH ST NW 410
WASHINGTON,DC20036 		  PUBLIC CHARITY LEADING MEN FELLOWSHIP - DC 50,000

FUTURE LINK

15 W GUDE DRIVE 150
ROCKVILLE,MD20850 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 2 OF 3 100,000

MAKOM

1500 E JEFFERSON STREET
ROCKVILLE,MD20852 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000

MACCABI USA

1511 WALNUT STREET 401
PHILADELPHIA,PA19102 		  PUBLIC CHARITY MACCABIAH 40,000

HOMELESS CHILDREN'S PLAYTIME PROJECT

1525 NEWTON ST NW
WASHINGTON,DC20010 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 75,000

THE DC JCC

1529 16TH ST NW
WASHINGTON,DC20036 		  PUBLIC CHARITY TOWARDS THE AY 2, 2024 EVENT 10,000

WOLF TRAP FOUNDATION

1645 TRAP ROAD
VIENNA,DC22182 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 15,000

CHARLES E SMITH JEWISH DAY SCHOOL

1901 E JEFFERSON ST
ROCKVILLE,DC20852 		  PUBLIC CHARITY MA'AYAN AND ATHLETICS1 OF 2 50,000

ATHLETES FOR HOPE

2 BETHESDA METRO CENTER 1320
BETHESDA,MD20814 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 2 OF 3 100,000

AVODAH

2202 18TH STREET NW
WASHINGTON,DC20009 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 65,000

MARY'S CENTER

233 ONTARIO ROAD NW
WASHINGTON,DC20009 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 100,000

AUTISM SPEAKS

2474 S OCEAN BLVD
HIGHLAND BEACH,FL33487 		  PUBLIC CHARITY WALK PALM BEACH 5,000

KENNEDY CENTER

2700 F ST NW
WASHINGTON,DC20566 		  PUBLIC CHARITY FOR THE PERFORMING ARTS EDUCATION PROGRAM 25,000

TREE OF HOPE ASSOCIATION

30 COURTHOUSE SQUARE G1
ROCKVILLE,MD20850 		  PUBLIC CHARITY PEER RECOVERY PROGRAM 60,000

HIGHER ACHIEVEMENT

317 8TH STREET NE
WASHINGTON,DC20002 		  PUBLIC CHARITY 2023 GOING PLACES GALA 15,000

CENTER FOR ADOPTION SUPPORT AND EDUCATION

3919 NATIONAL DRIVE 200
BURTONSVILLE,MD20866 		  PUBLIC CHARITY NTI TRAINING ADAPTATION FOR SCHOOL BASED MENTAL HEALTH PROFESSIONALS 75,000

WETA

3939 CAMPBELL AVENUE
ARLINGTON,VA22206 		  PUBLIC CHARITY WELL BEINGS OUT OF THE DARK ONLINE DIGITAL SERIES 5,000

TORTURE ABOLITION AND SURVIVORS SUPP

4121 HAREWOOD ROAD NE SUITE B
WASHINGTON,VA20017 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 100,000

IDENTITY INC

413 E DIAMOND AVE
GAITHERSBURG,MD20877 		  PUBLIC CHARITY TRANSFORMATIONAL CAMPAIGN 2 OF 4 50,000

IDENTITY INC

414 E DIAMOND AVE
GAITHERSBURG,MD20877 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 100,000

AMERICAN HEART ASSOCIATION

4601 N FAIRFAX DRIVE
ARLINGTON,VA22203 		  PUBLIC CHARITY HEART BALL 5 OF 10 150,000

AMERICAN HEART ASSOCIATION

4601 N FAIRFAX DRIVE
ARLINGTON,VA22203 		  PUBLIC CHARITY 2024 HEART WALK BRE MATCH 84,839

AMERICAN HEART ASSOCIATION

4601 N FAIRFAX DRIVE
ARLINGTON,VA22203 		  PUBLIC CHARITY HEALTH/MENTAL WELLBEING STUDENTS 2 OF 6 62,500

UNITED STATES HOLOCAUST MEMORIAL

4603 CALVERT RD
COLLEGE PARK,DC20740 		  PUBLIC CHARITY BEYOND OUR WALLS FUND 3 OF 5 200,000

COLLEGIATE DIRECTIONS INC

4827 RUGBY AVE 001
BETHESDA,MD20814 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 75,000

CAPITAL AREA FOOD BANK

4900 PUERTO RICO AVE NW
WASHINGTON,DC20017 		  PUBLIC CHARITY SUPPORT FOR ZINZI CHRISTMAS 10,000

IMAGINATION STAGE

4908 AUBURN AVE
BETHESDA,DC20814 		  PUBLIC CHARITY LEARNING THROUGH THEATRE 75,000

UNIVERSITY OF WISCONSIN

500 LINCOLN DRIVE
MADISON,WI53706 		  PUBLIC CHARITY UW-MADISON POSSE PROGRAM 50,000

CHILDREN'S LAW CENTER

501 3RD ST NW 800
WASHINGTON,DC20001 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 30,000

COLLEGE TRACKS

5126 MANNING DRIVE
BETHESDA,MD20814 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 2 OF 3 100,000

VIVA SCHOOL (CITYDANCE)

5301 TUCKERMAN LANE
NORTH BETHESDA,MD20852 		  PUBLIC CHARITY LIFE WITHOUT LIMITS CAMPAIGN 100,000

VIVA SCHOOL (CITYDANCE)

5301 TUCKERMAN LANE
NORTH BETHESDA,MD20852 		  PUBLIC CHARITY DREAM SCHOOL OF DANCE 1 OF 4 100,000

PEACE OF MIND

5540 NEVADA AVE NW
WASHINGTON,DC20015 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 75,000

CAPITAL JEWISH MUSEUM

575 3RD ST NW
WASHINGTON,DC20001 		  PUBLIC CHARITY SECOND FLOOR LOBBY 250,000

SUNFLOWER BAKERY

5951 HALPINE ROAD
ROCKVILLE,MD20852 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000

FRIENDS OF THE IDF

60 EAST 42ND STREET
NEW YORK,NY10165 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000

FAMILY SERVICES INC

610 EAST DIAMOND AVE 100
GAITHERSBURG,MD20877 		  PUBLIC CHARITY MOCO RECONNECT 100,000

JEWISH FEDERATION OF GREATER WASHINGTON

6101 EXECUTIVE BLVD 100
NORTH BETHESDA,MD20852 		  PUBLIC CHARITY ANNUAL CAMPAIGN 50,000

JEWISH SOCIAL SERVICE AGENCY

6123 MONTROSE ROAD
ROCKVILLE,MD20852 		  PUBLIC CHARITY MIND CRAFT PROJECT 100,000

JEWISH SOCIAL SERVICE AGENCY

6123 MONTROSE ROAD
ROCKVILLE,MD20852 		  PUBLIC CHARITY MIDCRAFT PROGRAM SYMPOSIUM 10,000

BENDER JCC OF GREATER WASHINGTON

6125 MONTROSE RD
ROCKVILLE,MD20852 		  PUBLIC CHARITY IMAGE AWARDS 10,000

BENDER JCC OF GREATER WASHINGTON

6125 MONTROSE RD
ROCKVILLE,MD20852 		  PUBLIC CHARITY SPORTS HALL OF FAME EVENT 10,000

BENDER JCC OF GREATER WASHINGTON

6125 MONTROSE RD
ROCKVILLE,MD20852 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 300,000

BENDER JCC OF GREATER WASHINGTON

6125 MONTROSE RD
ROCKVILLE,MD20852 		  PUBLIC CHARITY BENDER-DOSIK PARENTING CENTER 150,000

REAL FOOD FOR KIDS

6166 HARDY DRIVE
MCLEAN,VA22101 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 35,000

PEF ISRAEL ENDOWMENT FUNDS

630 3RD AVE 15TH
NEW YORK,NY10017 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 36,000

GLEN ECHO

7300 MACARTHUR BLVD
GLEN ECHO,MD20812 		  PUBLIC CHARITY PARK PLAYGROUND DESIGN 23,000

GRASSROOTS HEALTH

740 15TH STREET NW SUITE 322
WASHINGTON,DC20005 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 110,000

ASHLEY ADDICTION TREATMENT

800 TYDINGS LANE
HAVRE DE GRACE,MD21078 		  PUBLIC CHARITY RECOVERY COACHING SERVICE 2 OF 3 250,000

THE DEN COLLECTIVE

8215 OLD GEORGETOWN RD
BETHESDA,MD20814 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 1 OF 2 50,000

SUBURBAN HOSPITAL FOUNDATION

8600 OLD GEORGETOWN RD
BETHESDA,MD20814 		  PUBLIC CHARITY ADDICTION TREATMENT CENTER TRANSITION RECOVERY GUIDE 83,333

FAIR CHANCE

8705 COLESVILLE ROAD SUITE 156
SILVER SPRING,MD20910 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 50,000

LEVELING THE PLAYING FIELD

9170 BROOKVILLE RD
SILVER SPRING,MD20910 		  PUBLIC CHARITY DDC CHAPTER SUPPORT 50,000

POTOMAC COMMUNITY RESOURCES

9200 KENTSDALE DRIVE
ROCKVILLE,MD20854 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 60,000

THE DIENER SCHOOL

9312 OLD GEORGETOWN RD
BETHESDA,MD20814 		  PUBLIC CHARITY OUTDOOR PLAY SPACE 30,000

KOA SPORTS LEAGUE INC

9801 WASHINGTON BLVD 105
GAITHERSBURG,MD20878 		  PUBLIC CHARITY KOA SPORTS PLAY IT FORWARD SCHOLARSHIP FUND 30,000

SO WHAT ELSE

ONE PRESERVE PARKWAY SUITE 150
ROCKVILLE,MD20852 		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 50,000

MARATHON KIDS

PO BOX 41317
AUSTIN TX,TX78704 		  PUBLIC CHARITY MILES THAT MATTER 25,000

SPIRIT CLUB FOUNDATION

PO BOX 443
KENSINGTON,MD20895 		  PUBLIC CHARITY FITNESS FOR ALL GENERAL SUPPORT 25,000

VANGUARD CHARITABLE FUND

PO BOX 9509
WARWICK,RI02889 		  PUBLIC CHARITY CONTRIBUTION TO BENDER FOUNDATION DAF 250,000

FIDELITY CHARITABLE

PO 770001
CINCINNATI,OH45277 		  PUBLIC CHARITY JULIE B SILVER FDN FAMILY FUND 250,000

FIDELITY CHARITABLE

PO 770001
CINCINNATI,OH45277 		  PUBLIC CHARITY NANETTE & DAVID S. BENDER FUND 250,000

BREAKTHROUGH T1D

PO BOX 5021
HAGERSTOWN,MD21741 		  PUBLIC CHARITY HOPE GALA 2024 DONATION ONLY 10,000
Total .................................right arrow 3a 6,152,172
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 ........... 		    14 209,072  
4 Dividends and interest from securities ....     14 3,110,914  
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 1,831,372  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,630,424  
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 7,781,782 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
7,781,782
(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:
BENDER FOUNDATION INC
EIN:
52-6054193
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
BUILDING-4801 HAMPTON LANE 2023-05-17 400,053 7,924 SL 39.000000000000 10,258 0    
IMPROVEMENTS 2023-10-16 55,938 239 SL 39.000000000000 1,434 0    
FURNITURE 2023-10-18 19,500 464 SL 7.000000000000 2,786 0    
LAND-4801 HAMPTON LANE 2023-05-17 203,782   L   0 0    

TY 2024 InvestmentsCorpBondsSchedule
Name:
BENDER FOUNDATION INC
EIN:
52-6054193
Name of Bond End of Year Book Value End of Year Fair Market Value
DOLAN MCENIRY BONDS-ML 3,830,810 3,830,810
HARBOR BOND FUND 1,889,151 1,889,151
VANGUARD HIGH YIELD CORP 5,066,310 5,066,310
VANGUARD REIT INDEX 3,626,999 3,626,999
VANGUARD SHORT-TERM INVESTMENT 1,088,760 1,088,760

TY 2024 InvestmentsCorpStockSchedule
Name:
BENDER FOUNDATION INC
EIN:
52-6054193
Name of Stock End of Year Book Value End of Year Fair Market Value
DANAHER CORP 4,545,108 4,545,108
FIRST EAGLE FUNDS 5,147,917 5,147,917
FORTIVE CORP 661,706 661,706
MERRILL LYNCH-PRITSIOS 2,346,668 2,346,668
T ROWE PRICE INT'L EQUITY 889,571 889,571
TWEEDY BROWNE GLOBAL VALUE 3,278,401 3,278,401
VANGUARD DEV MKTS INDEX 2,823,966 2,823,966
VANGUARD DIVIDEND GROWTH 2,028,699 2,028,699
VANGUARD EMERGING MKTS 4,141,665 4,141,665
VANGUARD EUROPEAN STOCK 2,955,780 2,955,780
VANGUARD INTER TERM INV 5,515,088 5,515,088
VANGUARD TOTAL STK 13,033,563 13,033,563
VERALTO CORP 668,442 668,442
VONTIER CORP 126,441 126,441
YACHTMAN FUND 4,665,736 4,665,736

TY 2024 InvestmentsOtherSchedule2
Name:
BENDER FOUNDATION INC
EIN:
52-6054193
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BAIN CAPITAL FMV 1,183,227 1,183,227
BCP VIII ACCESS FUND FMV 473,976 473,976
BDC PROPERTIES LLC FMV 1,004,327 1,004,327
BEL AIR VENTURES LLC K-1 FMV 500,000 500,000
BLACKSTONE SOLUTIONS 2016 FUND FMV 393,630 393,630
BLACKSTONE ALT SOL IV FMV 333,863 333,863
BLACKSTONE GSO SECURED FMV 708,424 708,424
BLACKSTONE STRATEGIC FMV 247,153 247,153
BLUE OWL CAPITAL ROCK FMV 1,427,639 1,427,639
BLUESTONE INVESTMENT PARTNERS II FMV 2,242,394 2,242,394
BLUESTONE INVESTMENT PARTNERS III FMV 333,389 333,389
CAMBER CREEK III FMV 708,168 708,168
CAMBER CREEK IV FMV 155,174 155,174
CAMBER CREEK VI FMV 324,354 324,354
CAPITAL BANK CONVERTIBLE DEBT FMV 4,750,038 4,750,038
CAPITAL GROUP INTERNATIONAL- ML FMV 1,294,413 1,294,413
CARLYLE BUYOUT FMV 293,077 293,077
ESCHATON OPPORTUNITY FUND-CAPITAL BANK FMV 2,910,115 2,910,115
GOLDENFIELD LANE OWNER LLC FMV 500,000 500,000
GS GQG PARTNERS INT'L OPPORTUNITY FUND FMV 446,575 446,575
HILLTOP PLAZA FMV 500,000 500,000
JBGSMITH PROPERTIES FMV 56,674 56,674
LATCH INC FMV 1,320 1,320
LINDEN VILLAS PORTFOLIO OWNER FMV 500,000 500,000
MANOR ROAD OWNER LLC FMV 500,000 500,000
OAKMARK INT'L FMV 2,412,748 2,412,748
SCHWAB FUND INT'L LARGE FMV 1,034,731 1,034,731
SCHWAB FUND US LARGE FMV 14,344,120 14,344,120
SEQUOIA FUND FMV 4,697,598 4,697,598
URBAN EDGE PROPERTIES FMV 79,271 79,271
VINTAGE IX SECONDARIES ACCESS FMV 152,773 152,773
VORNADO REALTY LP FMV 304,478 304,478
ZITELMAN PARTNERS - SACHS CAPITAL VCARE LLC FMV 500,027 500,027

TY 2024 LandEtcSchedule2
Name:
BENDER FOUNDATION INC
EIN:
52-6054193
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDING-4801 HAMPTON LANE 400,053 18,182 381,871  
IMPROVEMENTS 55,938 1,673 54,265  
FURNITURE 19,500 3,250 16,250  
LAND-4801 HAMPTON LANE 203,782 0 203,782  


TY 2024 OtherAssetsSchedule
Name:
BENDER FOUNDATION INC
EIN:
52-6054193
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
LIFE INSURANCE RECEIVABLE 1,029,396 1,029,396 1,029,396
PREPAID INCOME TAXES 234,907 184,153 184,153
SECURITY DEPOSIT 12,745 0 0
ACCRUED INTEREST INCOME 94,312 0 0


TY 2024 OtherExpensesSchedule
Name:
BENDER FOUNDATION INC
EIN:
52-6054193
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TRANSPORTATION 19,347 0   19,347
OFFICE EXPENSE 5,215 0   5,215
TELEPHONE 8,892 0   8,892
K-1 PARTNERSHIP INVESTMENT LOSSES 208,457 29,824   0
INSURANCE 7,121 0   8,876


TY 2024 OtherIncomeSchedule2
Name:
BENDER FOUNDATION INC
EIN:
52-6054193
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
NOTE RECEIVABLE INTEREST 1,831,372 1,831,372 1,831,372


TY 2024 OtherIncreasesSchedule
Name:
BENDER FOUNDATION INC
EIN:
52-6054193
Description Amount
UNREALIZED GAINS ON INVESTMENTS 6,784,756


TY 2024 OtherProfessionalFeesSchedule
Name:
BENDER FOUNDATION INC
EIN:
52-6054193
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
K-1 PARTNERSHIP INVESTMENT FEES 285,149 285,149   0
CONSULTING FEES 217,964 100,000   34,539
INVESTMENT BROKER FEES 59,877 59,877   0


TY 2024 TaxesSchedule
Name:
BENDER FOUNDATION INC
EIN:
52-6054193
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 55,822 55,822   0
K-1 PARTNERSHIP INVESTMENT FOREIGN TAXES 12,658 12,658   0
FEDERAL EXCISE TAX 50,754 0   0