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
MORRIS AND ALMA SCHAPIRO FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)CO ANCHIN LLP - 3 TIMES SQUARE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10036
A Employer identification number

13-6089254
B Telephone number (see instructions)

(212) 840-3456
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$165,225,530J 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 15,701 15,701  
4 Dividends and interest from securities... 1,374,991 1,374,991  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,250,693
b Gross sales price for all assets on line 6a 18,455,825
7 Capital gain net income (from Part IV, line 2)... 6,171,188
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
2,303,574 2,054,258  
12 Total. Add lines 1 through 11........ 9,944,959 9,616,138  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
463 0   463
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
105,000 26,250   78,750
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
700,804 700,804   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
250,951 30,159   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,024,926 811,172   213,754
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,082,144 1,568,385   292,967
25 Contributions, gifts, grants paid....... 7,880,984 7,880,984
26 Total expenses and disbursements. Add lines 24 and 25 9,963,128 1,568,385   8,173,951
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -18,169
b Net investment income (if negative, enter -0-) 8,047,753
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............. 771,308 367,128 367,128
2 Savings and temporary cash investments......... 1,189,605 2,557,655 2,557,655
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment
List of Attached Documents:
// Content
54,102 		54,102
b Investments—corporate stock (attach schedule)....... 13,263,141 Click to see attachment
List of Attached Documents:
// Content
15,398,104 		22,965,548
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 82,904,870 Click to see attachment
List of Attached Documents:
// Content
84,001,599 		139,281,097
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 98,128,924 102,378,588 165,225,530
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 98,128,924 102,378,588
29 Total net assets or fund balances (see instructions)..... 98,128,924 102,378,588
30 Total liabilities and net assets/fund balances (see instructions). 98,128,924 102,378,588
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
98,128,924
2
Enter amount from Part I, line 27a .....................
2
-18,169
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,267,833
4
Add lines 1, 2, and 3 ..........................
4
102,378,588
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
102,378,588
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLIC TRADED SECURITIES      
b TOTAL ST GAINS THRU PARTNERSHIP P    
c TOTAL LT GAINS THRU PARTNERSHIP P    
d CAPITAL GAIN DISTRIBUTION P    
e LOSS ON DISPOSITION OF REAL ESTATE ACQUISITION FUND THREE LP P    
GAIN ON DISPOSITION OF ACQUISITION FUND 2008 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 13,934,073   11,963,306 1,970,767
b 296,245   17,175 279,070
c 4,004,500   62,330 3,942,170
d 256     256
e 171,812   241,826 -70,014
48,939     48,939
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       1,970,767
b       279,070
c       3,942,170
d       256
e       -70,014
      48,939
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 6,171,188
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) 1 111,864
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........................... 3 111,864
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- ..... 5 111,864
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 52,821
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 130,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 182,821
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 70,957
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow70,957 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
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 arrowANCHIN BLOCK ANCHIN LLP Telephone no.right arrow (212) 840-3456

Located atright arrow3 TIMES SQUARENEW YORKNY ZIP+4right arrow10036
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? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowVI, CJ, BD
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
RUFUS COLLINS TRUSTEE
2.00 		0 0 0
C/O ANCHIN BLOCK ANCHIN 3 TIMES
SQUARE
NEW YORK,NY10036
STEPHEN J PALUSZEK TRUSTEE
2.00 		0 0 0
C/O ANCHIN BLOCK ANCHIN 3 TIMES
SQUARE
NEW YORK,NY10036
BARNABY SCHAPIRO TRUSTEE
2.00 		0 0 0
C/O ANCHIN BLOCK ANCHIN 3 TIMES
SQUARE
NEW YORK,NY10036
JACOB COLLINS TRUSTEE
2.00 		0 0 0
C/O ANCHIN BLOCK ANCHIN 3 TIMES
SQUARE
NEW YORK,NY10036
JON SCHAPIRO TRUSTEE
2.00 		0 0 0
C/O ANCHIN BLOCK ANCHIN 3 TIMES
SQUARE
NEW YORK,NY10036
MARION SCHAPIRO TRUSTEE
2.00 		0 0 0
C/O ANCHIN BLOCK ANCHIN 3 TIMES
SQUARE
NEW YORK,NY10036
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
EHRENKRANZ PARTNERS LP INVESTMENT ADVISORS 555,392
375 PARK AVENUE
NEW YORK,NY10152
RITA BOWEN CONSULTING 282,218
20-68 29TH STREET 3RD FLOOR
ASTORIA,NY11105
ANCHIN BLOCK & ANCHIN ACCOUNTING FEES 105,000
3 TIMES SQUARE
NEW YORK,NY10036
SELECT EQUITY GROUP INVESTMENT ADVISORS 71,223
380 LAFAYETTE STREET
NEW YORK,NY10003
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 NONE 0
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 NONE 0
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
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
60,462,786
b
Average of monthly cash balances.......................
1b
4,159,582
c
Fair market value of all other assets (see instructions)................
1c
97,252,972
d
Total (add lines 1a, b, and c).........................
1d
161,875,340
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
161,875,340
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,428,130
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
159,447,210
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
7,972,361
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
7,972,361
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
111,864
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
97,505
c
Add lines 2a and 2b............................
2c
209,369
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,762,992
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
7,762,992
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
7,762,992
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
8,173,951
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
8,173,951
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 7,762,992
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023...... 46,027
f Total of lines 3a through e ........ 46,027
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 8,173,951
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 7,762,992
e Remaining amount distributed out of corpus 410,959
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 5 456,986
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 ...... 		456,986
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023.... 46,027
e Excess from 2024.... 410,959
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

ARS CHORALES

113 COTTAGE PL
RIDGEWOOD,NJ07450 		NONE PUBLIC CHARITIES GENERAL PURPOSE 10,000

ARS NOVA THEATER INC

511 WEST 54TH STREET
NEW YORK,NY10019 		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000

ASSOCIATION TO BENEFIT CHILDREN

419 EAST 86TH STREET
NEW YORK,NY10028 		NONE PUBLIC CHARITIES GENERAL PURPOSE 40,000

BERKSHIRE HILLS MUSIC ACADEMY

48 WOODBRIDGE ST
SOUTH HADLEY,MA01075 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

BLOOMINGDALE SCHOOL OF MUSIC

323 W 108TH ST
NEW YORK,NY10025 		NONE PUBLIC CHARITIES GENERAL PURPOSE 130,000

BROOKLYN ACADEMY OF MUSIC INC

PETER JAY SHARP BUILDING 30
LAFAYETTE AVENUE
BROOKLYN,NY11217 		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000

BROOKLYN BOTANIC GARDEN

1000 WASHINGTON AVENUE
BROOKLYN,NY11225 		NONE PUBLIC CHARITIES GENERAL PURPOSE 150,000

BROOKLYN BRIDGE PARK CONSERVANCY

334 FURMAN ST
BROOKLYN,NY11201 		NONE PUBLIC CHARITIES GENERAL PURPOSE 20,000

BROOKLYN CONSERVATORY OF MUSIC

58 7TH AVE
BROOKLYN,NY11217 		NONE PUBLIC CHARITIES GENERAL PURPOSE 500,000

BROOKLYN PUBLIC LIBRARY

10 GRAND ARMY PLAZA
BROOKLYN,NY11238 		NONE PUBLIC CHARITIES GENERAL PURPOSE 255,000

BROWN UNIVERSITY

DIVISION OF ADVANCEMENT BOX 1893
PROVIDENCE,RI02912 		NONE PUBLIC CHARITIES GENERAL PURPOSE 700,000

CANCER RESEARCH INSTITUTE

29 BROADWAY FLOOR 4
NEW YORK,NY10006 		NONE PUBLIC CHARITIES GENERAL PURPOSE 250,000

CARNEGIE HALL CORPORATION

881 SEVENTH AVENUE
NEW YORK,NY10019 		NONE PUBLIC CHARITIES GENERAL PURPOSE 170,000

CHESS IN THE SCHOOLS INC

520 EIGHTH AVENUE FL 2
NEW YORK,NY10018 		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000

CITY HARVEST INC

EAST 32ND STREET 5TH FLOOR
NEW YORK,NY10016 		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000

COOL CULTURE INC

80 HANSON PL
BROOKLYN,NY11217 		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000

DANCE IN EDUCATION FUND

735 ANDERSON HILL ROAD
PURCHASE,NY10577 		NONE PUBLIC CHARITIES GENERAL PURPOSE 35,000

CORPORATION OF YADDO

312 UNION AVENUE
SARATOGA SPRINGS,NY12866 		NONE PUBLIC CHARITIES GENERAL PURPOSE 100,000

DOCUMENTARY FILM FUND

3600 WILSHIRE BLVD SUITE 1810
LOS ANGELES,CA90010 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

DUTCHESS LAND CONSERVANCY

4289 NY-82
MILLBROOK,NY12545 		NONE PUBLIC CHARITIES GENERAL PURPOSE 35,000

EAKINS PRESS FOUNDATION

20 W 44TH STREET SUITE 405
NEW YORK,NY10036 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

EDIBLE SCHOOLYARD NEW YORK

55 WASHINGTON STREET SUITE 257
BROOKLYN,NY11201 		NONE PUBLIC CHARITIES GENERAL PURPOSE 55,000

ETHICAL CULTURE FIELDSON SCHOOL

3901 FIELDSTON RD
BRONX,NY10471 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

FOOD BANK FOR NEW YORK CITY

39 BROADWAY
NEW YORK,NY10006 		NONE PUBLIC CHARITIES GENERAL PURPOSE 150,000

FRACTURED ATLAS INC

248 WEST 35TH STREET 10TH FLOOR
NEW YORK,NY10001 		NONE PUBLIC CHARITIES GENERAL PURPOSE 35,000

FRIENDS OF KAREN

118 TITICUS ROAD
NORTH SALEM,NY10001 		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000

GODS LOVE WE DELIVER

166 6TH AVE
NEW YORK,NY10013 		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000

GRACE CHURCH SCHOOL

86 4TH AVENUE
NEW YORK,NY10003 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

GRAND CENTRAL ATELIER

46-06 11TH STREET
QUEENS,NY11101 		NONE PUBLIC CHARITIES GENERAL PURPOSE 140,000

GREENWICH VILLAGE SOCIETY FOR HISTORIC PRESERVATION

232 EAST 11TH STREET
NEW YORK,NY10003 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

GROW NYC

P O BOX 2327
NEW YORK,NY10272 		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000

HOSPITAL FOR SPECIAL SURGERY

535 E 70TH ST
NEW YORK,NY10021 		NONE PUBLIC CHARITIES GENERAL PURPOSE 150,000

HOUSE OF SPEAKEASY FOUNDATION

117 EAST 19TH STREET
NEW YORK,NY10003 		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000

INDIESPACE INC

60 PINEAPPLE STREET APT 2J
BROOKLYN,NY11201 		NONE PUBLIC CHARITIES GENERAL PURPOSE 40,000

KAUFMAN MUSIC CENTER

129 W 67TH STREET
NEW YORK,NY10023 		NONE PUBLIC CHARITIES GENERAL PURPOSE 166,667

MANHATTAN COLLEGE

4513 MANHATTAN COLLEGE PKWY
BRONX,NY10471 		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000

MARY MCDOWELL FRIENDS SCHOOL

20 BERGEN STREET
BROOKLYN,NY11201 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

MECHANIC'S INSTITUTE

57 POST STREET
SAN FRANCISCO,CA94104 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

MEMORIAL SLOAN KETTERING CANCER CENTER

1275 YORK AVENUE
NEW YORK,NY10065 		NONE PUBLIC CHARITIES GENERAL PURPOSE 550,000

MERRIMACK COLLEGE

315 TURNPIKE ST
NORTH ANDOVER,MA01845 		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000

MONTEFIEORE MEDICAL CENTER

111 EAST 210TH STREET
BRONX,NY10467 		NONE PUBLIC CHARITIES GENERAL PURPOSE 366,667

NATIONAL CIVIC ART SOCIETY

300 NEW JERSEY AVE NW 900
WASHINGTON,DC20001 		NONE PUBLIC CHARITIES GENERAL PURPOSE 65,000

NEW ALTERNATIVES FOR CHILDREN

37 WEST 26TH STREET 6TH FLOOR
NEW YORK,NY10010 		NONE PUBLIC CHARITIES GENERAL PURPOSE 350,000

NEW YORK HISTORICAL SOCIETY

170 CENTRAL PARK W
NEW YORK,NY10024 		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000

NEW YORK LAND TRUST ALLIANCE INC

112 SPRING ST STE 205
SARATOGA SPRINGS,NY12866 		NONE PUBLIC CHARITIES GENERAL PURPOSE 30,300

NEW YORK UNIVERSITY

50 WEST 4TH STREET
NEW YORK,NY10012 		NONE PUBLIC CHARITIES GENERAL PURPOSE 200,000

OPENING ACT

PO BOX 20178 GREELEY SQUARE STATION
NEW YORK,NY10001 		NONE PUBLIC CHARITIES GENERAL PURPOSE 90,000

PECONIC LAND TRUST INC

296 HAMPTON RD
SOUTHAMPTON,NY11968 		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000

PHILANTHROPY NEW YORK

320 E 43RD ST
NEW YORK,NY10017 		NONE PUBLIC CHARITIES GENERAL PURPOSE 14,350

PHOTO WORK FOUNDATION

PO BOX 1360
WOODSTOCK,NY12498 		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000

PROJECT MUSIC HEALS US INC

800 VILLAGE WALK STE 296
GUILDFORD,CT06437 		NONE PUBLIC CHARITIES GENERAL PURPOSE 10,000

PROSTATE CANCER FOUNDATION

39 BROADWAY 10TH FLOOR
NEW YORK,NY10006 		NONE PUBLIC CHARITIES GENERAL PURPOSE 400,000

RIVENDELL SCHOOL

277 3RD AVE
BROOKLYN,NY11215 		NONE PUBLIC CHARITIES GENERAL PURPOSE 70,000

SALMAGUNDI CLUB

47 5TH AVE
NEW YORK,NY10003 		NONE PUBLIC CHARITIES GENERAL PURPOSE 9,000

SCHOOL OF AMERICAN BALLET

66 WEST 12TH STREET
NEW YORK,NY10011 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

SOLAR COOKERS INTERNATIONAL

2400 22ND STREET SUITE 210
SACRAMENTO,CA95818 		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000

STEADY BUCKETS

27 UNION SQUARE W 307
NEW YORK,NY10003 		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000

THE ACTING COMPANY

PO BOX 898
NEW YORK,NY10108 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

THE BROOKLYN YOUTH CHORUS ACADEMY

179 PACIFIC ST
BROOKLYN,NY11201 		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000

THE DILLER-QUAILE SCHOOL OF MUSIC

24 EAST 95TH STREET
NEW YORK,NY10128 		NONE PUBLIC CHARITIES GENERAL PURPOSE 60,000

THE DOOR-A-CENTER OF ALTERNATIVES INC

121 AVENUE OF THE AMERICAS SUITE
506
NEW YORK,NY10013 		NONE PUBLIC CHARITIES GENERAL PURPOSE 100,000

THE FOUNDATION FOR CULTURAL REVIEW

900 BROADWAY STE 602
NEW YORK,NY10003 		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000

THE HOTCHKISS SCHOOL SAFE RECEIVABLES

11 INTERLAKEN ROAD
LAKEVILLE,CT06039 		NONE PUBLIC CHARITIES GENERAL PURPOSE 94,000

THE IRISH REPERTORY THEATRE COMPANY INC

132 WEST 22ND STREET 2ND FLOOR
NEW YORK,NY10011 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

THE JEWISH COMMUNITY CENTER IN MANHATTAN INC

334 AMSTERDAM AVE AT W 76TH ST
NEW YORK,NY10023 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

THE LIBRARY OF AMERICA

14 EAST 60TH STREET
NEW YORK,NY10022 		NONE PUBLIC CHARITIES GENERAL PURPOSE 15,000

THE NEW YORK LANDMARKS CONSERVANCY

ONE WHITEHALL STREET
NEW YORK,NY10004 		NONE PUBLIC CHARITIES GENERAL PURPOSE 35,000

THE PLAYERS FOUNDATION

16 GRAMERCY PARK SOUTH
NEW YORK,NY10003 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

THEATRE DEVELOPMENT FUND

520 EIGHTH AVENUE SUITE 801
NEW YORK,NY10018 		NONE PUBLIC CHARITIES GENERAL PURPOSE 35,000

THIRD STREET MUSIC SCHOOL SETTLEMENT

235 EAST 11TH STREET
NEW YORK,NY10003 		NONE PUBLIC CHARITIES GENERAL PURPOSE 200,000

UNITED THEATRE COMPANY NO 61

215 W 95TH ST APT 11G
NEW YORK,NY10025 		NONE PUBLIC CHARITIES GENERAL PURPOSE 70,000

UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION

4603 CALVERT RD
COLLEGE PARK,MD20740 		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000

WASHINGTON UNIVERSITY

1 BROOKINGS DR
ST LOUIS,MO63130 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000

WAVE HILL INCORPORATED

675 WEST 252ND STREET
BRONX,NY10471 		NONE PUBLIC CHARITIES GENERAL PURPOSE 75,000

WEILL CORNELL MEDICAL COLLEGE

400 E 67TH STREET
NEW YORK,NY10065 		NONE PUBLIC CHARITIES GENERAL PURPOSE 125,000

WELLNESS IN THE SCHOOLS

PO BOX 250832
NEW YORK,NY10025 		NONE PUBLIC CHARITIES GENERAL PURPOSE 100,000

WNET

LIBRARY OF CONGRESS
WASHINGTON,DC20540 		NONE PUBLIC CHARITIES GENERAL PURPOSE 25,000

WORLD MONUMENTS FUND

600 5TH AVE FLOOR 25
NEW YORK,NY10020 		NONE PUBLIC CHARITIES GENERAL PURPOSE 20,000

WRITERS AND ARTISTS ACROSS THE COUNTRY

220 GEORGE BUSH BLVD STE D
DELRAY BEACH,FL33444 		NONE PUBLIC CHARITIES GENERAL PURPOSE 10,000

YOUNG AUDIENCES OF NORTHERN CALIFORNIA

465 CALIFORNIA ST STE 433
SAN FRANCISCO,CA94104 		NONE PUBLIC CHARITIES GENERAL PURPOSE 50,000
Total .................................right arrow 3a 7,880,984
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 15,701  
4 Dividends and interest from securities ....     14 1,374,991  
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 ............ 		523000 79,505 18 6,171,188  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aTHRU PARTNERSHIP INVESTMENTS 		523000 249,316 18 553,091  
bOTHER ORDINARY INCOME FROM INVESTMENTS     18 1,500,000  
cOTHER TAX EXEMPT INCOME     18 1,165  
dTAX REFUND     18 2  
e
12 Subtotal. Add columns (b), (d), and (e) .. 328,821 9,616,138 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
9,944,959
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
MORRIS AND ALMA SCHAPIRO FUND
EIN:
13-6089254
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 105,000 26,250   78,750

TY 2024 AllOthProgRltdInvestmentsSch
Name:
MORRIS AND ALMA SCHAPIRO FUND
EIN:
13-6089254
Category Amount
NONE 0

TY 2024 InvestmentsCorpStockSchedule
Name:
MORRIS AND ALMA SCHAPIRO FUND
EIN:
13-6089254
Name of Stock End of Year Book Value End of Year Fair Market Value
BROWN & BROWN INC 69,613 322,893
CACI INTERNATIONAL INC-CLA 120,011 96,166
CDW CORP/DE 95,258 210,066
CLEAN HARBORS INC 146,404 210,578
CORE & MAIN INC-CLASS A 180,372 291,307
DAYFORCE INC 163,891 288,744
EMCOR GROUP INC 133,639 159,773
ENTEGRIS INC 91,676 151,067
FORTUNE BRANDS INNOVATIONS INC 288,186 255,691
LABCORP HOLDINGS INC 158,783 154,332
LIVE NATION ENTERTAINMENT IN 182,097 379,176
MARTIN MARIETTA MATERIALS 98,553 308,351
MORNINGSTAR INC 189,987 329,688
PAYCHEX INC 99,722 174,995
PTC INC 59,370 74,651
QUANTA SERVICES INC 46,531 73,324
REVVITY INC 12,867 76,006
SERVICE CORP INTERNATIONAL 221,815 287,831
SMITH (A.O.) CORP 131,015 106,544
TORO CO 121,736 154,593
TRACTOR SUPPLY COMPANY 104,428 181,200
STERIS PLC 239,419 246,466
BIO-TECHNE CORP 86,511 83,555
ITT INC 268,198 310,764
MIDDLEBY CORP 341,526 340,115
TELEDYNE TECHNOLOGIES INC 166,167 184,260
TRIMBLE INC 278,900 311,611
TEMPUR SEALY INTERNATIONAL I 273,281 398,531
WABTEC CORP 175,858 372,924
SIGNET JEWELERS LTD 184,096 195,237
VIKING HOLDINGS LTD 227,254 292,514
EAGLE CAPITAL SELECT EQTY 4,629,821 10,084,401
JANUS DETROIT STR TR JANUS HENDERSON AAA 2,000,032 2,005,834
ARTISAN HIGH INCOME FUND ADVISOR CLASS 2,108,222 2,149,495
VANUARD TREASURY MONEY MARKET FUND INVESTOR SHARES 1,702,865 1,702,865

TY 2024 InvestmentsGovtObligationsSch
Name:
MORRIS AND ALMA SCHAPIRO FUND
EIN:
13-6089254
US Government Securities - End of Year Book Value:

54,102
US Government Securities - End of Year Fair Market Value:

54,102
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
MORRIS AND ALMA SCHAPIRO FUND
EIN:
13-6089254
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CITADEL KENSINGTON GLOBAL STRATEGIES FUND LTD AT COST 7,239,595 8,854,193
CADIAN OFFSHORE FUND LTD AT COST 1,432,655 8,207,280
ELLIOT INTERNATIONAL LTD AT COST 3,000,000 11,933,779
ABSOLUTE RETURN STRATEGIES AT COST 1,924,811 2,930,794
CONCENTRATED EQUITY STRATEGIES AT COST 4,298,668 5,032,376
MILLENNIUM INTERNATIONAL LTD AT COST 80,172 4,965,113
ACQUISITION FUND 2007 LP AT COST 99,888 57,065
EP ASIA EQUITY STRATEGIES (FKA ASIA INVESTMENTS LP) AT COST 8,279,616 7,731,506
EP ACQUISITION FUND LP AT COST 1,433,995 1,578,673
ENERGY OPPORTUNITY FUND LP AT COST 1,370,092 1,490,446
BAYOU CITY ENERGY II, LP AT COST 354,147 1,621,027
THE CHILDREN'S INVESTMENT FUND AT COST 2,549,375 11,975,836
JUNTO OFFSHORE FUND LTD. AT COST 3,000,000 7,010,839
INSTITUTIONAL DIRECT LENDING FUND THREE LTD AT COST 607,081 1,780,549
LEGACY VENTURE IX AT COST 2,503,130 4,545,404
PEAK ROCK CAPITAL CREDIT FUND II-A AT COST 0 103,227
PEAK ROCK CAPITAL FUND II-A AT COST 181,552 487,933
PEAK ROCK CAPITAL FUND III-A AT COST 1,261,750 2,038,435
INSTITUTIONAL DIST. OPP FUND LTD AT COST 2,006,880 4,946,132
EP LIFE SCIENCES AT COST 4,750,000 11,628,527
EP PRIVATE CREDIT STRATEGIES LT AT COST 2,489,073 4,121,263
EP PRIVATE EQUITY STRATEGIES AT COST 4,896,180 5,506,142
TIGER GLOBAL LTD AT COST 3,500,000 3,128,163
OWL VENTURES OPPORTUNITY FUND I AT COST 239,176 222,671
OWL VENTURES IV AT COST 625,939 737,541
TFF LTD AT COST 2,977,822 1,812,728
FINANCE LONG DURATION (B-PIECE) III LP AT COST 3,487,470 3,162,257
PSF PARTNERS TWO AT COST 983,074 1,226,543
PSF PARTNERS AT COST 0 733,399
EP AHF L.P. AT COST 2,197,798 2,197,798
AH BIO IV FEEDER FUND AT COST 485,100 453,548
AH VENTURE VIII FEEDER FUND AT COST 599,250 652,300
AH LATE STAGE VALUE III FEEDER FUND AT COST 1,271,700 1,275,760
BLOCKCHAIN TECHNOLOGY FUND 2022 AT COST 700,000 1,061,808
PRIVATE EQUITY STRATEGIES 2022 - OFFSHORE AT COST 1,400,000 1,377,753
PRIVATE CREDIT STRATEGIES 2022 - OFFSHORE AT COST 3,544,596 4,049,020
KING STREET CAPITAL AT COST 212,632 11,542
SILVER POINT SPECIALTY CREDIT FUND III OFFSHORE AT COST 1,309,845 1,362,852
SILVER POINT DISTRESSED OPPORTUNITY INSTITUTIONAL PARTNERS II AT COST 226,476 251,544
MULTIFAMILY REAL ESTATE FUND AT COST 2,696,224 3,275,278
ALTAS PARTNERS HOLDINGS III (A) LP AT COST 225,155 242,601
SKY FUND VI OFFSHORE AT COST 1,684,873 1,686,724
TFF LP AT COST 1,875,809 1,812,728

TY 2024 LegalFeesSchedule
Name:
MORRIS AND ALMA SCHAPIRO FUND
EIN:
13-6089254
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 463 0   463


TY 2024 OtherExpensesSchedule
Name:
MORRIS AND ALMA SCHAPIRO FUND
EIN:
13-6089254
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADR FEES 384 384   0
CUSTODY FEES - JPMORGAN 17,564 17,564   0
INSURANCE 2,250 0   2,250
MEMBERSHIP FEES 1,268 1,268   0
NYS FILING FEES 1,500 0   1,500
OFFICE EXPENSES 11,938 11,938   0
OUTSIDE CONSULTANTS 280,005 70,001   210,004
THRU PARTNERSHIP INVESTMENTS 710,017 710,017   0


TY 2024 OtherIncomeSchedule2
Name:
MORRIS AND ALMA SCHAPIRO FUND
EIN:
13-6089254
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
THRU PARTNERSHIP INVESTMENTS 802,407 553,091 802,407
OTHER ORDINARY INCOME FROM INVESTMENTS 1,500,000 1,500,000 1,500,000
OTHER TAX EXEMPT INCOME 1,165 1,165 1,165
TAX REFUND 2 2 2


TY 2024 OtherIncreasesSchedule
Name:
MORRIS AND ALMA SCHAPIRO FUND
EIN:
13-6089254
Description Amount
OTHER CHANGES IN FUND BALANCES 4,267,833


TY 2024 OtherProfessionalFeesSchedule
Name:
MORRIS AND ALMA SCHAPIRO FUND
EIN:
13-6089254
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 700,804 700,804   0


TY 2024 TaxesSchedule
Name:
MORRIS AND ALMA SCHAPIRO FUND
EIN:
13-6089254
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES - JPMORGAN 1,172 1,172   0
FOREIGN TAXES - THRU PARTNERSHIP INVESTMENTS 28,987 28,987   0
FEDERAL EXCISE TAXES 220,792 0   0