TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2024

Open to Public Inspection

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

Name of foundation
THE ELLEN AND IAN GRAHAM FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)248 BAHAMA LANE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH, FL33480

A Employer identification number

88-0694877

B Telephone number (see instructions)

(917) 822-0057

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$72,837,080J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	2,036		2,036
4	Dividends and interest from securities...	1,763,188		1,645,263
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		29,982
b	Gross sales price for all assets on line 6a 11,103,482
7	Capital gain net income (from Part IV, line 2)...			29,982
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).......	List of Attached Documents: // Content	-82,567	-82,567
12	Total. Add lines 1 through 11........	1,712,639		1,594,714
13	Compensation of officers, directors, trustees, etc.	207,895		20,790	187,105
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	5,081		508	4,573
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	12,355	1,236	11,119
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	7,875	3,938	3,937
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	376,929	253,321	123,608
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	49,716	8,724	40,992
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	20,811		6,243	14,568
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	186,340	180,279	6,061
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	867,002		475,039	391,963
25	Contributions, gifts, grants paid.......	3,412,450			3,412,450
26	Total expenses and disbursements. Add lines 24 and 25	4,279,452		475,039	3,804,413
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-2,566,813
b	Net investment income (if negative, enter -0-)			1,119,675
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............		127,858	127,858
	2	Savings and temporary cash investments.........	8,881	13,911,424	13,911,424
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	0	List of Attached Documents: // Content 3,666,884	3,691,069
	b	Investments—corporate stock (attach schedule).......	0	List of Attached Documents: // Content 19,597,439	25,026,671
	c	Investments—corporate bonds (attach schedule).......	0	List of Attached Documents: // Content 2,996,624	2,793,899
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	3,846,665	List of Attached Documents: // Content 23,417,327	27,286,159
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,855,546	63,717,556	72,837,080
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		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	3,855,546	63,717,556
	29	Total net assets or fund balances (see instructions).....	3,855,546	63,717,556
	30	Total liabilities and net assets/fund balances (see instructions).	3,855,546	63,717,556

Part III

Analysis of Changes in Net Assets or Fund Balances

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

3,855,546

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

-2,566,813

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

List of Attached Documents:

// Content

62,428,823

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

63,717,556

Decreases not included in line 2 (itemize) right arrow

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

63,717,556

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
1 a	PUBLICLY TRADED SECURITIES	P
b	PASSTHROUGH ACTIVITY	P
c	CAPITAL GAINS DIVIDENDS	P
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	11,057,921	10,986,584	71,337
b			-86,916
c	45,561		45,561
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			71,337
b			-86,916
c			45,561
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	29,982
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	15,563
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	15,563
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	15,563
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	0
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	1,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	1,000
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	845
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	15,408
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax	Refunded	11

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

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

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

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

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

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

Yes

Website address right arrow

NONE

The books are in care of right arrow

ALEXIS GRAHAM Telephone no. right arrow

(917) 822-0057

Located at right arrow

248 BAHAMA LANEPALM BEACHFL ZIP+4 right arrow

33480

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

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

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

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

16 No

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

Form 990-PF (2024)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

If "Yes," list the years right arrow

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2024)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

Yes

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

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

5a(5)

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

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

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

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

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

Yes

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

List of Attached Documents:

// Content

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation
ELLEN GRAHAM	PRESIDENT 5.00	0	0
248 BAHAMA LANE PALM BEACH,FL33480	PRESIDENT 5.00	0	0
ALEXIS GRAHAM	TREASURER/SECRETARY 40.00	112,717	5,081
248 BAHAMA LANE PALM BEACH,FL33480	TREASURER/SECRETARY 40.00	112,717	5,081
AUSTIN BRYAN	DIRECTOR 5.00	95,178	0
248 BAHAMA LANE PALM BEACH,FL33480	DIRECTOR 5.00	95,178	0

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


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









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

Form 990-PF (2024)

Page 7

Part VII

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

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
BILTMORE FAMILY OFFICE LLC	INVESTMENT MANAGEMENT	253,321
500 EAST BLVD CHARLOTTE,NC28203	INVESTMENT MANAGEMENT	253,321
PERKINS & SQUIRE LLC	PROFESSIONAL SERVICES - CHARITABLE PURPOSE	107,917
157 EAST 86TH STREET SUITE 514 NEW YORK,NY10128	PROFESSIONAL SERVICES - CHARITABLE PURPOSE	107,917

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

Part VIII-A

Summary of Direct Charitable Activities

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2024)

Page 8

Part IX

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

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

purposes:

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

26,653,383

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

12,117,729

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

13,450,801

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

52,221,913

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

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

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

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

52,221,913

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

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

783,329

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

51,438,584

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

2,571,929

Part X

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

and do not complete this part.)

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

2,571,929

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

15,563

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

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

15,563

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

2,556,366

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

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

2,556,366

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

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

2,556,366

Part XI

Qualifying Distributions (see instructions)

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

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

3,804,413

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

3,804,413

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					2,556,366
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......				50,428
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: $ 3,804,413
a Applied to 2023, but not more than line 2a				50,428
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.....					2,556,366
e Remaining amount distributed out of corpus		1,197,619
5 Excess distributions carryover applied to 2024.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		1,197,619
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) ...		0
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		1,197,619
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....	1,197,619

Form 990-PF (2024)

Page 10

Part XIII

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

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

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

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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

Check here right arrow

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

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

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

cAny submission deadlines:

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

Form 990-PF (2024)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ABERDEEN FOOTBALL CLUB COMMUNITY TRUST PITTODRIE STADIUM PITTODRIE STREET ABERDEENAB24 5QH UK		NC	PROVIDING OVER 150 FOOD HAMPERS TO SUPPORT THOSE IN NEED OVER THE CHRISTMAS PERIOD	9,800
BIG HEARTS COMMUNITY TRUST TYNECASTLE PARK WHEATFIELD STREET EDINBURGHEH11 2NZ UK		NC	PROVIDING OVER 150 FOOD VOUCHERS TO SUPPORT THOSE IN NEED OVER THE CHRISTMAS PERIOD	13,200
CELTIC FC FOUNDATION CELTIC PARK GLASGOWG40 3RE UK		NC	FOR FEEDING AND SUPPORTING FAMILIES IN NEED INSIDE OF CELTIC PARK STADIUM ON CHRISTMAS DAY (PARADISE PIT STOP PROJECT)	32,600
CENTER FOR CREATIVE EDUCATION INC 2400 METROCENTRE BLVD WEST PALM BEACH,FL33407		PC	STRENGTHEN THE ACADEMIC PERFORMANCE OF STUDENTS AND CLASSROOM TEACHERS	25,000
CENTER FOR PRESERVING ARTISTS LEGACIES 1264 DECATUAR APT 3R BROOKLYN,NY11207		PC	FOR SUPPORT FOR HISTORICALLY MARGINALIZED ARTISTS AND THEIR LEGACIES	100,000
FRIENDS OF ST ANDREWS TROCHRAGUE GIRVANKA26 9QB UK		NC	FOR HELPING IMPOVERISHED YOUTH THROUGHOUT THE HIGHLANDS AND NORTHERN SCOTLAND	19,700
GLADES ACADEMY INC 7368 SR 15 PALM BEACH,FL33480		PC	OPERATE A CHARTER SCHOOL FOR LOW INCOME FAMILIES IN PAHOKEE, FLORIDA	75,000
HIBERNIAN COMMUNITY FOUNDATION 12 ALBION PLACE EDINBURGHEH7 5QG UK		NC	FOR FEEDING AND SUPPORTING FAMILIES IN NEED INSIDE OF EASTER ROAD STADIUM ON CHRISTMAS DAY (EASTER ROAD CHRISMTAS PROJECT)	32,600
NETA FOUNDATION P O BOX 484 GRETNA,NE68028		PC	FOR SUPPORT FOR MEDICAL RESEARCH AND THE ADVANCEMENT OF HUMAN WELL BEING	1,300,000
NORTON MUSEUM OF ART INC 1450 S DIXIE HWY WEST PALM BEACH,FL33401		PC	TO FURTHER SUPPORT THE EXEMPT MISSION OF THE ORGANIZATION	1,400,000
PALM BEACH CULTURAL INNOVATION CENTER INC 70 ROYAL POINCIANA WAY PALM BEACH,FL33480		PC	FOR SUPPORT FOR THE LAUNCH OF PALM BEACH'S FIRST NEW ARTS ORGANIZATION IN OVER SIXTY YEARS	5,000
PLUSCARDEN ABBEY PLUSCARDEN ELGIN,MORAYSHIREIV30 8UA UK		NC	FOR BUILDING A WOMENS RETREAT CENTER FOR PRAYER AND SPIRITUAL DISCERNMENT	129,700
RANGERS CHARITY FOUNDATION 150 EDMISTON DRIVE GLASGOWG51 2XD UK		NC	FOR THE TRAUMA COUNSELING PROGRAM FOCUSING ON VULNERABLE YOUNG PEOPLE AND ADULTS WHO MAY FEEL ISOLATED AND ALONE AND HELP THEM HEAL FROM TRAUMATIC EXPERIENCES AND INTEGRATE PRODUCTIVELY BACK INTO SOCIETY.	17,000
SANCTA FAMILIA MEDIA 57 HOPE STREET MOSSEND BELLSHILLML4 1QA UK		NC	FOR THE RELIGIOUS FILMING AND LIVE STREAMING PROJECTS	6,550
SISTERS OF THE GOSPEL OF LIFE (CWPLI) 104 ALBERT ROAD GLASGOWG42 8DR UK		NC	FOR PROVIDING SAFE SHELTER AND SUPPORT TO HOUSE MUMS, BABIES AND FAMILIES WHO ARE HOMELESS AND/OR IN NEED	13,200
THE HISTORICAL SOCIETY OF PALM BEACH COUNTY INC 300 N DIXIE HIGHWAY 471 WEST PALM BEACH,FL33401		PC	FOR SUPPORT FOR PRESERVING THE COUNTY'S CULTERAL HERITAGE	77,000
THE HOLIDAY PROJECT 16 BREWERY ROAD BELFORD MILL,KILMARNOCKKA1 3GZ UK		NC	TO SUPPORT 30 HOLIDAYS FOR UP TO 220 ADULTS AND CHILDREN WHO ARE SUFFERING FROM FINANCIAL HARDSHIP AND VARIOUS SERIOUS HEALTH RELATED ISSUES INCLUDING MENTAL HEALTH, DISABILITIES, AND ADDITIONAL NEEDS.	13,200
THE OUTWARD BOUND TRUST 152 BATH STREET GLASGOWG2 4TB UK		NC	HELPING TO SUPPORT 156 YOUNG ADULTS COME TOGETHER AND BRIDGE CULTURAL DIVIDES THROUGH EDUCATIONAL AND OUTWARD BOUND PROGRAMS	13,200
THE PALM BEACH POLICE AND FIRE FOUNDATION 139 NORTH COUNTY ROAD 26 PALM BEACH,FL33480		PC	SUPPORT THE PALM BEACH FIRST RESPONDERS AND THE LOCAL COMMUNITY AT LARGE	75,000
THE PRESHAL TRUST 8 ABOUKIR STREET GLASGOWG51 4QX UK		NC	HELPING A TWO DAY PER WEEK DROP-IN SERVICE AND PAISELY OUTREACH PROGRAM TO SUPPORT INDIVIDUALS AND FAMILIES SUFFERING FROM THE EFFECTS OFPOVERTY, COST OF LIVING, SOCIAL EXCLUSION, ADDICTION, PHYSICAL DISABILITY AND MENTAL HEALTHILLNESSES	19,700
THE SOCIETY OF THE FOUR ARTS 100 FOUR ARTS PLAZA PALM BEACH,FL33480		PC	TO FURTHER SUPPORT THE EXEMPT MISSION OF THE ORGANIZATION	10,000
TURNING POINT USA INC 135 N PENNSYLVANIA ST 1610 INDIANAPOLIS,IN46204		PC	TO FURTHER SUPPORT THE EXEMPT MISSION OF THE ORGANIZATION	25,000
Total ................................. 3a				3,412,450

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2024)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	2,036
4 Dividends and interest from securities ....			14	1,763,188
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	29,982
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aOTHER INCOME FROM PASSTHROUGH INVESTMENTS			14	-82,567
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		1,712,639	0

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

1,712,639

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2024)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

THE ELLEN AND IAN GRAHAM FOUNDATION INC

EIN:

88-0694877

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	7,875	3,938		3,937

- TIN:

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

TY 2024 ExpenditureResponsibilityStmt

Name:

THE ELLEN AND IAN GRAHAM FOUNDATION INC

EIN:

88-0694877

Grantee's Name	Grantee's Address	Grant Date	Grant Amount	Grant Purpose	Amount Expended By Grantee	Any Diversion By Grantee?	Dates of Reports By Grantee	Date of Verification	Results of Verification
ABERDEEN FOOTBALL CLUB COMMUNITY TRUST	PITTODRIE STADIUM PITTODRIE STREET ABERDEENAB24 5QH UK	2024-12-18	9,800	PROVIDING OVER 150 FOOD HAMPERS TO SUPPORT THOSE IN NEED OVER THE CHRISTMAS PERIOD	9,800	GRANTEE DIDN'T DIVERT ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT	1/10/25, 1/24/25, 9/10/25, 8/23/25	2025-08-23	THE FOUNDATION VERIFIED ON 08/23/25 REPORT. THE GRANT AMOUNT HAS BEEN FULLY DISBURSED TO THE GRANTEE. THE FOUNDATION WILL VERIFY UNEXPENDED FUNDS UPON RECEIPT OF FUTURE REPORTS.
BIG HEARTS COMMUNITY TRUST	TYNECASTLE PARK WHEATFIELD STREET EDINBURGHEH11 2NZ UK	2024-12-19	13,200	PROVIDING OVER 150 FOOD VOUCHERS TO SUPPORT THOSE IN NEED OVER THE CHRISTMAS PERIOD	13,200	GRANTEE DIDN'T DIVERT ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT	2/27/25, 8/21/25, 11/10/25	2025-11-10	THE FOUNDATION VERIFIED ON 11/10/25 REPORT. THE GRANT AMOUNT HAS BEEN FULLY DISBURSED TO THE GRANTEE. THE FOUNDATION WILL VERIFY UNEXPENDED FUNDS UPON RECEIPT OF FUTURE REPORTS.
CELTIC FC FOUNDATION	CELTIC PARK GLASGOWG40 3RE UK	2024-12-17	32,600	FOR FEEDING AND SUPPORTING FAMILIES IN NEED INSIDE OF CELTIC PARK STADIUM ON CHRISTMAS DAY (PARADISE PIT STOP PROJECT)	32,600	GRANTEE DIDN'T DIVERT ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT	8/18/25, 9/18/25, 10/16/25	2025-10-16	THE FOUNDATION VERIFIED ON 10/16/25 REPORT. THE GRANT AMOUNT HAS BEEN FULLY DISBURSED TO THE GRANTEE. THE FOUNDATION WILL VERIFY UNEXPENDED FUNDS UPON RECEIPT OF FUTURE REPORTS.
FRIENDS OF ST ANDREW	TROCHRAGUE GIRVANKA26 9QB UK	2024-12-19	19,700	FOR HELPING IMPOVERISHED YOUTH THROUGHOUT THE HIGHLANDS AND NORTHERN SCOTLAND	19,700	GRANTEE DIDN'T DIVERT ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT	4/10/25, 8/18/25	2025-08-18	THE FOUNDATION VERIFIED ON 08/18/25 REPORT. THE GRANT AMOUNT HAS BEEN FULLY DISBURSED TO THE GRANTEE. THE FOUNDATION WILL VERIFY UNEXPENDED FUNDS UPON RECEIPT OF FUTURE REPORTS.
HIBERNIAN COMMUNITY FOUNDATION LIMITED	12 ALBION PLACE EDINBURGHEH7 5QG UK	2024-12-18	32,600	FOR FEEDING AND SUPPORTING FAMILIES IN NEED INSIDE OF EASTER ROAD STADIUM ON CHRISTMAS DAY (EASTER ROAD CHRISMTAS PROJECT)	32,600	GRANTEE DIDN'T DIVERT ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT	2/24/25, 4/17/25, 8/21/25	2025-08-21	THE FOUNDATION VERIFIED ON 08/21/25 REPORT. THE GRANT AMOUNT HAS BEEN FULLY DISBURSED TO THE GRANTEE. THE FOUNDATION WILL VERIFY UNEXPENDED FUNDS UPON RECEIPT OF FUTURE REPORTS.
PLUSCARDEN ABBEY	PLUSCARDEN ELGIN,MORAYSHIREIV30 8UA UK	2024-12-17	129,700	FOR BUILDING A WOMENS RETREAT CENTER FOR PRAYER AND SPIRITUAL DISCERNMENT	129,700	GRANTEE DIDN'T DIVERT ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT	8/23/25, 8/24/25	2025-08-24	THE FOUNDATION VERIFIED ON 08/24/25 REPORT. THE GRANT AMOUNT HAS BEEN FULLY DISBURSED TO THE GRANTEE. THE FOUNDATION WILL VERIFY UNEXPENDED FUNDS UPON RECEIPT OF FUTURE REPORTS.
RANGERS CHARITY FOUNDATION	150 EDMISTON DRIVE GLASGOWG51 2XD UK	2024-12-19	17,000	FOR THE TRAUMA COUNSELING PROGRAM FOCUSING ON VULNERABLE YOUNG PEOPLE AND ADULTS WHO MAY FEEL ISOLATED AND ALONE AND HELP THEM HEAL FROM TRAUMATIC EXPERIENCES AND INTEGRATE PRODUCTIVELY BACK INTO SOCIETY.	17,000	GRANTEE DIDN'T DIVERT ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT	4/4/25, 8/21/25	2025-08-21	THE FOUNDATION VERIFIED ON 08/21/25 REPORT. THE GRANT AMOUNT HAS BEEN FULLY DISBURSED TO THE GRANTEE. THE FOUNDATION WILL VERIFY UNEXPENDED FUNDS UPON RECEIPT OF FUTURE REPORTS.
SISTERS OF THE GOSPEL OF LIFE (CWPLI)	104 ALBERT ROAD GLASGOWG42 8DR UK	2024-12-19	13,200	FOR PROVIDING SAFE SHELTER AND SUPPORT TO HOUSE MUMS, BABIES AND FAMILIES WHO ARE HOMELESS AND/OR IN NEED	13,200	GRANTEE DIDN'T DIVERT ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT	5/6/25, 9/8/25, 8/18/25	2025-08-18	THE FOUNDATION VERIFIED ON 08/18/25 REPORT. THE GRANT AMOUNT HAS BEEN FULLY DISBURSED TO THE GRANTEE. THE FOUNDATION WILL VERIFY UNEXPENDED FUNDS UPON RECEIPT OF FUTURE REPORTS.
SANCTA FAMILIA MEDIA	57 HOPE STREET MOSSEND BELLSHILLML4 1QA UK	2024-12-17	6,550	FOR THE RELIGIOUS FILMING AND LIVE STREAMING PROJECTS	6,550	GRANTEE DIDN'T DIVERT ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT	1/20/25, 2/12/25, 7/7/25, 9/4/25, 8/28/25	2025-08-28	THE FOUNDATION VERIFIED ON 08/28/25 REPORT. THE GRANT AMOUNT HAS BEEN FULLY DISBURSED TO THE GRANTEE. THE FOUNDATION WILL VERIFY UNEXPENDED FUNDS UPON RECEIPT OF FUTURE REPORTS.
THE HOLIDAY PROJECT	16 BREWERY ROAD BELFORD MILL,KILMARNOCKKA1 3GZ UK	2024-12-18	13,200	TO SUPPORT 30 HOLIDAYS FOR UP TO 220 ADULTS AND CHILDREN WHO ARE SUFFERING FROM FINANCIAL HARDSHIP AND VARIOUS SERIOUS HEALTH RELATED ISSUES INCLUDING MENTAL HEALTH, DISABILITIES, AND ADDITIONAL NEEDS.	13,200	GRANTEE DIDN'T DIVERT ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT	2/6/25, 4/17/25, 6/11/25, 5/8/25, 9/25/25, 8/25/25	2025-08-25	THE FOUNDATION VERIFIED ON 08/25/25 REPORT. THE GRANT AMOUNT HAS BEEN FULLY DISBURSED TO THE GRANTEE. THE FOUNDATION WILL VERIFY UNEXPENDED FUNDS UPON RECEIPT OF FUTURE REPORTS.
THE OUTWARD BOUND TRUST - MARK SCOTT LEADERSHIP FOR LIFE AWARD	152 BATH STREET GLASGOWG2 4TB UK	2024-12-18	13,200	HELPING TO SUPPORT 156 YOUNG ADULTS COME TOGETHER AND BRIDGE CULTURAL DIVIDES THROUGH EDUCATIONAL AND OUTWARD BOUND PROGRAMS	13,200	GRANTEE DIDN'T DIVERT ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT	2/20/25, 8/22/25, 8/26/25	2025-08-26	THE FOUNDATION VERIFIED ON 08/26/25 REPORT. THE GRANT AMOUNT HAS BEEN FULLY DISBURSED TO THE GRANTEE. THE FOUNDATION WILL VERIFY UNEXPENDED FUNDS UPON RECEIPT OF FUTURE REPORTS.
THE PRESHAL TRUST - PAISELY OUTREACH PROGRAM	8 ABOUKIR STREET GLASGOWG51 4QX UK	2024-12-18	19,700	HELPING A TWO DAY PER WEEK DROP-IN SERVICE AND PAISELY OUTREACH PROGRAM TO SUPPORT INDIVIDUALS AND FAMILIES SUFFERING FROM THE EFFECTS OFPOVERTY, COST OF LIVING, SOCIAL EXCLUSION, ADDICTION, PHYSICAL DISABILITY AND MENTAL HEALTHILLNESSES	19,700	GRANTEE DIDN'T DIVERT ANY PORTION OF THE FUNDS FROM THE PURPOSE OF THE GRANT	2/26/25, 6/23/25, 8/26/25, 10/6/25	2025-10-06	THE FOUNDATION VERIFIED ON 10/06/25 REPORT. THE GRANT AMOUNT HAS BEEN FULLY DISBURSED TO THE GRANTEE. THE FOUNDATION WILL VERIFY UNEXPENDED FUNDS UPON RECEIPT OF FUTURE REPORTS.

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

THE ELLEN AND IAN GRAHAM FOUNDATION INC

EIN:

88-0694877

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABORATOR	9,074	8,895
NEXTERA ENERGY,	10,331	10,166
PEPSICO, INC.	8,882	8,662
AMERICAN EXPRESS	8,854	8,718
ADOBE INC.	9,013	8,987
MORGAN STANLEY	8,836	8,826
WELLS FARGO & CO	8,901	8,980
MERCK & CO., INC	11,360	10,825
JPMORGAN CHASE	7,854	7,794
PROLOGIS, L.P.	7,923	7,885
FEDERAL NTNL MORT	20,505	21,614
CITIGROUP INC.	11,388	11,174
BRISTOL-MYERS SQ	9,922	9,911
CITIGROUP INC.	8,821	8,809
SHELL INTERNTNL3.25%	9,005	8,959
THE WALT DISNEY	8,081	7,957
THE COCA-COLA CO	8,253	8,395
COMCAST CORP	12,620	12,388
TRUIST FINL CORP VAR	10,939	11,499
STATE OBLIGATIONS	2,706,653	2,503,064
BERKSHIRE HATHAWAY	8,970	8,862
BANK OF AMERICA CORP	12,682	13,356
BANK OF AMERICA	9,740	10,115
JPMORGAN CHASE	8,080	8,648
UNITEDHEALTH GROUP	8,942	8,864
JPMORGAN CHASE	8,700	8,737
ASTRAZENECA FIN	11,655	11,773
APPLE INC.	9,016	8,883
WALMART INC.	12,741	12,335
CHEVRON CORP	8,883	8,818

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

THE ELLEN AND IAN GRAHAM FOUNDATION INC

EIN:

88-0694877

Name of Stock	End of Year Book Value	End of Year Fair Market Value
1WS CREDIT INCOME I	750,000	757,433
ITOCHU CORP ADR	4,118	4,435
SPDR SER TR S&P BIOTECH ETF	2,741	2,702
ISHARES TR 20+ YR TREAS BD ETF	8,946	8,296
ISHARES GOLD ETF	1,123,254	1,529,909
ISHARES GLOBAL CLEAN	315,181	192,550
INVSC S P 500 EQUAL	547,380	534,452
INVESCO EXCHANGE-TRADED FD TR AEROSPACE & DEFENSE ETF	9,807	10,899
WORLD GOLD TR SPDR GOLD MINISHARES TR NEW	15,060	16,897
IBM CORP	196,797	333,702
HONEYWELL INTL INC	99,343	126,950
GOLDMAN SACHS GROUP INC	114,457	192,400
GLOBAL X CYBERSECURITY	250,027	271,963
TOTALENERGIES SE SPONS ADR	2,974	2,453
FORTIVE CORP DISC	76,847	88,875
FIRST EAGLE CR OPPORTUNI	400,000	392,437
FEDERATED HERMES INTERME	2,612,500	2,623,843
FEDERATED HERMES GOVERNMENT OBLIGATIONS FUND PREMIER	22,500	22,500
EXXON MOBIL CORP COM	4,156	3,980
EXXON MOBIL CORP	23,370	25,924
EQUINOR ASA SPONSORED ADR	40,451	34,919
EQUINOR ASA SPONSORED ADR	2,350	2,014
EOG RES INC	95,894	105,419
QUANTA SVCS INC	21,214	42,983
DUOLINGO INC	6,125	11,024
DELL TECHNOLOGIES INC	72,462	123,998
DBS GROUP HLDGS LTD SPONS ADR	7,764	9,475
DANAHER CORP	117,169	117,759
JOHNSON & JOHNSON COM	5,639	5,496
JPMORGAN CHASE	250,000	254,400
SPDR S&P SEMICONDUCTOR	193,773	236,028
LANDIS GYR GROUP AG NAMEN	22,931	18,784
PIMCO INCOME INSTL	625,000	600,755
QUANTA SVCS INC COM	4,006	4,741
PIMCO EMERGING MARKETS LOCAL CURRENCY AND BOND FUND	9,015	8,842
PFIZER INC COM	2,395	2,282
PFIZER INC COM	2,559	2,626
REGAN FLOATING RATE MBS	200,332	199,390
REGAN TOTAL RETURN INCOM	2,131,575	2,094,587
REXEL SA PARIS	29,664	36,805
REXEL SA PARIS SHS	3,580	3,464
ROCHE HLDGS LTD SPONSORED ADR	3,017	2,965
NVIDIA CORP	196,236	671,450
NATIONWIDE AMUNDI STRAT	744,525	756,402
ROCHE HLDGS LTD SPONSORED ADR	2,395	2,058
SAFRAN S A ADR	2,671	2,671
MITSUI & CO LTD ADR	6,512	5,830
MITSUBISHI HEAVY INDUSTRIES LTD REGISTERED SHS	5,877	8,133
MITSUBISHI HEAVY INDUSTRIES	21,526	67,358
MITSUBISHI CORP COM	8,064	6,976
MIRION TECHNOLOGIES INC CL A	2,130	3,438
MIRION TECHNOLOGIES	16,900	29,979
SAP SE SPONSORED ADR	5,587	7,140
MICROSOFT CORP COM	6,720	6,323
MICROSOFT CORP	112,872	169,443
META PLATFORMS INC	63,919	196,146
SPDR NYSE TECHNOLOGY	187,151	302,932
MANNING & NAPIER HIGH YI ,	700,000	694,254
LULULEMON ATHLETICA INC	47,556	60,803
LORD ABBETT SHORT DURATI	1,750,000	1,736,463
LANDIS+GYR GROUP AG NAMEN-AKT	2,065	1,586
CRH PLC SHS	2,895	3,608
VANECK ETF TR OIL SVCS ETF NEW	5,770	5,153
TOTALENERGIES SE SPONS ADR	45,633	42,292
CONSTELLATION ENERGY CORP	12,147	45,189
ALPHABET INC	73,622	77,992
WALMART INC COM	4,779	6,325
ALPHABET INC	172,246	304,704
ALPHABET INC CL A	7,312	7,761
BLACKROCK SCIENCE TCNLGY	162,997	202,772
BILFINGER BERGER AG SHS	2,376	2,155
BILFINGER BERGER AG	18,936	18,389
BERKSHIRE HATHAWAY INC DEL CL B NEW	6,149	6,799
AMAZON.COM INC	109,838	241,329
BERKSHIRE HATHAWAY	86,592	125,105
AMERICAN ELEC PWR	52,714	53,862
BANK OF AMERICA CORP	188,049	195,050
AMERICAN ELEC PWR CO INC COM	5,657	5,903
CONSTELLATION ENERGY CORP COM	5,415	5,593
BANK OF AMERICA	100,000	100,720
AON PLC	0	3,232,440
ASML HLDG N V N Y REGISTRY SHS NEW 2012	5,140	3,465
ARTISAN DEVELOPING WORLD	158,080	232,637
ARK INNOVATION ETF ,	328,612	468,353
APTIV PLC NEW	111,572	64,956
APPLE INC	65,440	183,307
APPLE INC COM	5,060	6,010
VISA INC	96,190	134,633
ALCON INC	70,693	83,617
AES CORP COM	5,354	3,694
WESTWOOD REAL ESTATE INC	722,487	699,426
ACCENTURE PLC IRELAND SHS CL A	6,101	7,036
ABBOTT LABS COM	3,618	3,846
COMCAST CORP NEW	128,931	110,638
CHEVRON CORP	40,344	36,789
AIRBNB INC	67,464	80,686
CHART INDS INC COM PAR $0 01	4,952	6,679
CHART INDS INC COM	29,222	46,375
ADOBE INC	74,444	76,930
VANGUARD REAL ESTATE	41,359	45,876
CENTRUS ENERGY CORP CL A	1,434	2,265
CENTRUS ENERGY CORP	7,836	14,322
VANGUARD SHORT-TERM FEDE ,	2,149,853	2,155,189
AIR LIQUIDE	38,487	42,473
VERISK ANALYTICS INC COM	4,589	4,682
AIR LIQUIDE ADR	4,778	4,386
VERTIV HLDGS CO CL A	3,042	3,976
AES CORP COM	43,864	24,749
CHEVRON CORP NEW COM	6,287	5,794

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

THE ELLEN AND IAN GRAHAM FOUNDATION INC

EIN:

88-0694877

US Government Securities - End of Year Book Value:

3,666,884

US Government Securities - End of Year Fair Market Value:

3,691,069

State & Local Government Securities - End of Year Book Value:

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

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

THE ELLEN AND IAN GRAHAM FOUNDATION INC

EIN:

88-0694877

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
WORLD GOLD TR SPDR GOLD MINISHARES TR NEW	AT COST	469,822	636,253
THIRD PRIME ALPHA FUND III-A LP	AT COST	132,146	143,686
VANECK ETF TR OIL SVCS ETF NEW	AT COST	39,284	37,972
ROBOCAP PARTNERS OFFSHORE, LP	AT COST	1,200,000	1,476,845
THORA CAPITAL OFFSHORE FUND II, LP	AT COST	290,402	424,320
THE EVOLUTION TECHNOLOGY FUND III, LP	AT COST	425,559	537,441
STONEPINE CAPITAL, LP	AT COST	298,632	392,550
WESTWOOD ENERGY SECONDARIES ASPENLEAF FUND LLC	AT COST	246,240	255,837
TRAVELLER CAPITAL PARTNERS IV, LP	AT COST	163,442	523,249
SILVERARC CAPITAL FUND II, LTD.	AT COST	1,000,000	1,106,542
IKARIAN HEALTHCARE OFFSHORE FUND LTD.	AT COST	400,000	1,317,261
PRIMARY WAVE MUSIC IP FUND 3 LP	AT COST	842,072	1,223,916
ENLIGHTENMENT CAPITAL SOLUTIONS FUND V	AT COST	65,069	66,536
ENLIGHTENMENT CAPITAL SOLUTIONS FUND IV LP	AT COST	326,718	465,341
ENGINE CAPITAL	AT COST	375,000	535,717
ECP V-B, LP	AT COST	287,798	339,035
CROSSINGBRIDGE LOW DURATION HIGH YIELD FUND	AT COST	2,270,000	2,262,805
CONTEXT PARTNERS OFFSHORE	AT COST	1,400,000	1,939,668
CHATHAM INVESTMENT FUND VI QP, LP	AT COST	72,443	75,000
CERES FARMS LLC	AT COST	348,569	398,043
GAINLINE EQUITY FEEDER FUND II	AT COST	215,896	281,399
CASDIN PARTNERS OFFSHORE	AT COST	179,357	73,372
BRIARWOOD (ALT INV)	AT COST	375,000	423,035
BLUEARC GP EQUITY FUND (QP)	AT COST	54,703	85,923
BLUE OWL CREDIT INCOME C	AT COST	1,206	167,006
BLUE ARC TECHNOLOGY OPPORTUNITY FUND (QP)	AT COST	171,153	178,332
ACORE CAPITAL SS AIV FEEDER, LP	AT COST	746,749	720,008
AC CARBON CAYMAN LP	AT COST	400,000	446,353
BRIGHT MEADOW AGENCY MBS OFFSHORE FUND	AT COST	1,300,000	1,713,189
GENOA VENTURES FUND II LP	AT COST	32,996	28,954
GMO EQUITY DISLOCATION FUND	AT COST	500,000	537,860
GMO QUALITY FUND CLASS I	AT COST	194,000	209,869
PIMCO EMERGING MARKETS LOCAL CURRENCY AND BOND FUND	AT COST	600,015	569,388
PERFORMANCE VENTURE CAPITAL V, LP	AT COST	87,139	88,455
PELICAN ENERGY PARTNERS BASE ZERO PARALLEL L	AT COST	137,902	144,573
PE PREMIER GA OFFSHORE	AT COST	593,379	546,044
OVO FUND III LLC	AT COST	12,295	13,453
OSAGE UNIVERSITY PARTNERS IV, LP	AT COST	123,394	105,824
OLD ORCHARD CREDIT FUND LTD.	AT COST	600,000	727,165
NAPIER PARK DEEP VALUE CREDIT FUND II	AT COST	0	55,435
MORGAN STANLEY PORTFOL	AT COST	489,081	366,814
MILLSTREET CREDIT FUND OFFSHORE LTD.	AT COST	750,000	750,819
MEASURE 8 FULL SPECTRUM FUND LP	AT COST	452,093	37,509
MARSHFIELD CONCENTRATED OPPORTUNITIES FUND	AT COST	174,000	205,674
MANOLE FINTECH FUND OFFSHORE LP	AT COST	1,056,022	1,172,277
LAND AND BUILDINGS OFFSHORE FUND LTD.	AT COST	800,000	867,068
ITE RAIL FEEDER FUND	AT COST	462,713	522,383
IBEX MOBILITY REVOLUTION OFFSHORE LTD.	AT COST	387,258	108,227
HARBERT STONEVIEW OFFSHORE FUND LTD.	AT COST	110,187	40,123
HALLE CAPITAL PARTNERS II, LP	AT COST	296,608	363,443
GREYWOLF CONTAINERSHIP OPPORTUNITIES OFFSHORE FUND	AT COST	758,867	818,090
PRIMARY WAVE MUSIC IP FUND 4 LP	AT COST	326,949	384,909
YORKTOWN EAGLE PARTNERS LLC	AT COST	375,169	375,169

- TIN:

TY 2024 LegalFeesSchedule

Name:

THE ELLEN AND IAN GRAHAM FOUNDATION INC

EIN:

88-0694877

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	12,355	1,236		11,119

- TIN:

TY 2024 OtherExpensesSchedule

Name:

THE ELLEN AND IAN GRAHAM FOUNDATION INC

EIN:

88-0694877

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
INVESTMENT EXPENSES FROM PASSTHROUGH ACTIVITY	172,615	172,615	0
PAYROLL PROCESSING FEES	600	0	600
OFFICE EXPENSES	5,161	0	5,161
OTHER EXPENSES	300	0	300
OTHER INVESTMENT EXPENSES	6,933	6,933	0
BANK FEES	731	731	0

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

THE ELLEN AND IAN GRAHAM FOUNDATION INC

EIN:

88-0694877

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME FROM PASSTHROUGH INVESTMENTS	-82,567	-82,567	-82,567

- TIN:

TY 2024 OtherIncreasesSchedule

Name:

THE ELLEN AND IAN GRAHAM FOUNDATION INC

EIN:

88-0694877

Description	Amount
SECURITIES TRANSFERRED FROM ELLEN AND IAN GRAHAM CHARITABLE FOUNDATION TRUST	57,963,311
CASH TRANSFERRED FROM ELLEN AND IAN GRAHAM CHARITABLE FOUNDATION TRUST	2,939,031
BOOK/TAX DIFFERENCE BETWEEN STATEMENTS AND FORMS 1099	134,847
SECURITIES DONATED TO NORTON MUSEUM	1,391,634

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

THE ELLEN AND IAN GRAHAM FOUNDATION INC

EIN:

88-0694877

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
CONSULTING FEES - PERKINS & SQUIRE	107,917	0	107,917
CONSULTING FEES - EVGENI MITKOV	10,000	0	10,000
CONSULTING FEES - OTHER	5,691	0	5,691
INVESTMENT MANAGEMENT FEES	253,321	253,321	0

- TIN:

TY 2024 TaxesSchedule

Name:

THE ELLEN AND IAN GRAHAM FOUNDATION INC

EIN:

88-0694877

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
FOREIGN TAX PAID	4,172	4,172	0
PAYROLL TAX	45,524	4,552	40,972
STATE TAX	20	0	20