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
JOSEPHINE AND LOUISE CRANE FOUNDATION
C/O CAMERON K MACKEY
Number and street (or P.O. box number if mail is not delivered to street address)220 MAIN STREET SUITE 202
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FALMOUTH, MA02540
A Employer identification number

20-8970284
B Telephone number (see instructions)

(518) 548-1155
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$97,490,050J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,941,769 2,274,204  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 12,371,723
b Gross sales price for all assets on line 6a 18,057,657
7 Capital gain net income (from Part IV, line 2)... 13,538,926
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
487,198 18,174 0
12 Total. Add lines 1 through 11........ 14,800,690 15,831,304 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
39,160 19,580 0 19,580
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
315,663 531,329 0 9,524
17 Interest...............   37,119    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
114,547 65,025 0 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
13,363 130 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 482,733 653,183 0 29,104
25 Contributions, gifts, grants paid....... 4,695,000 4,695,000
26 Total expenses and disbursements. Add lines 24 and 25 5,177,733 653,183 0 4,724,104
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 9,622,957
b Net investment income (if negative, enter -0-) 15,178,121
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 3,433,354 6,976,453 6,976,453
2 Savings and temporary cash investments.........      
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) 172,195 Click to see attachment
List of Attached Documents:
// Content
164,133 		161,832
b Investments—corporate stock (attach schedule)....... 38,031,853 Click to see attachment
List of Attached Documents:
// Content
43,235,448 		76,808,643
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).......... 6,275,375 Click to see attachment
List of Attached Documents:
// Content
7,159,700 		13,543,122
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) 47,912,777 57,535,734 97,490,050
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........... 47,912,777 57,535,734
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 47,912,777 57,535,734
30 Total liabilities and net assets/fund balances (see instructions). 47,912,777 57,535,734
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
47,912,777
2
Enter amount from Part I, line 27a .....................
2
9,622,957
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
57,535,734
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
57,535,734
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 CUSTODY ACCOUNT 72-033-01-8 | CAPE COD P    
b TD WEALTH MANAGEMENT - LONG TERM P    
c FIDELITY CAPITAL MANAGEMENT - LONG TERM P    
d AMPERSAND 2006 LIMITED PARTNERSHIP P    
e AW JONES ASSOCIATES LP P    
BALLENTINE INCOME OPPORTUNITIES FUND LP P    
BALLENTINE PRIVATE EQUITY FUND II LP P    
CORE PRIVATE EQUITY FUND, LP P    
DAVIS INVESTMENT VENTURES FUND IV-B, LP P    
IVY REALTY FUND IV, LP P    
KAYNE ANDERSON ENERGY FUND VI LP P    
KAYNE ANDERSON ENERGY FUND VII, L.P. P    
KAYNE ANDERSON ENERGY FUND VIII, L.P. P    
RCP FUND X LP P    
RCP FUND IX, LP P    
TERRAVET REAL ESTATE FUND III, LP P    
TRUEBRIDGE CAPITAL PARTNERS FUND V (CAYMAN) LP P    
TRUEBRIDGE - KAUFFMAN FELLOWS ENDOWMENT FUND III, LP P    
AW JONES ASSOCIATES LP FINAL DISTRIBUTION 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 2,945,436   854,089 2,091,347
b 5,044,855   1,420,558 3,624,297
c 8,983,382   2,199,600 6,783,782
d     19,428 -19,428
e 682,768     682,768
    232 -232
    294 -294
54,445     54,445
    5,393 -5,393
20     20
    11,839 -11,839
    7,292 -7,292
    6 -6
113,960     113,960
28,894     28,894
380     380
54,339     54,339
62,908     62,908
86,270     86,270
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       2,091,347
b       3,624,297
c       6,783,782
d       -19,428
e       682,768
      -232
      -294
      54,445
      -5,393
      20
      -11,839
      -7,292
      -6
      113,960
      28,894
      380
      54,339
      62,908
      86,270
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 13,538,926
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 0
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) 1 210,976
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........................... 3 210,976
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- ..... 5 210,976
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 162,677
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 75,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 237,677
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 26,701
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow26,701 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
 
No
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 arrowMA
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 arrowCAMERON K MACKEY TREASURER Telephone no.right arrow (508) 548-1155

Located atright arrow220 MAIN STREET SUITE 202FALMOUTHMA ZIP+4right arrow02540
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
Yes
 
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
 
No
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
JOSEPHINE GREENE DIRECTOR, PRESIDENT
1.00 		0 0 0
220 MAIN STREET SUITE 202
FALMOUTH,MA02540
CAMERON K MACKEY TREASURER/CLERK
1.00 		0 0 0
220 MAIN STREET SUITE 202
FALMOUTH,MA02540
WINNIE GREENE DIRECTOR
1.00 		0 0 0
220 MAIN STREET SUITE 202
FALMOUTH,MA02540
AMY L GREENE DIRECTOR
1.00 		0 0 0
220 MAIN STREET SUITE 202
FALMOUTH,MA02540
WILLIAM T MACKEY DIRECTOR, VP
1.00 		0 0 0
220 MAIN STREET SUITE 202
FALMOUTH,MA02540
BRITA A MACKEY DIRECTOR
1.00 		0 0 0
221 MAIN STREET SUITE 202
FALMOUTH,MA02540
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
BALLENTINE PARTNERS INVEST MGMT 238,639
230 THIRD AVE FL 6
WALTHAM,MA02451
TD BANK CUSTODIAN 52,969
4140 CHURCH RD
MOUNT LAUREL,NJ08054
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
79,995,328
b
Average of monthly cash balances.......................
1b
3,372,767
c
Fair market value of all other assets (see instructions)................
1c
14,484,622
d
Total (add lines 1a, b, and c).........................
1d
97,852,717
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
97,852,717
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,467,791
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
96,384,926
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,819,246
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
4,819,246
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
210,976
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
3,148
c
Add lines 2a and 2b............................
2c
214,124
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,605,122
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,605,122
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
4,605,122
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
4,724,104
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
4,724,104
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 4,605,122
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 983,042
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 4,724,104
a Applied to 2023, but not more than line 2a 983,042
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..... 3,741,062
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		864,060
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

THE 300 COMMITTEE LAND TRUST INC

157 LOCUST STREET
FALMOUTH,MA02540 		  PC UNRESTRICTED 82,500

18 DEGREES INC

480 WEST STREET
PITTSFIELD,MA01201 		  PC UNRESTRICTED 100,000

THE ALASKA WILDERNESS LEAGUE

122 C ST NW SUITE 240
WASHINGTON,DC20001 		  PC UNRESTRICTED 35,000

ALTERNATIVES FOR COMMUNITY AND ENVIRONMENT INC

2201 WASHINGTON ST
ROXBURY,MA02119 		  PC UNRESTRICTED 25,000

AMALGAMATED CHARITABLE FOUNDATION INC

1825 K STREET NW
WASHINGTON,DC20006 		  PC UNRESTRICTED 25,000

AYNI INSTITUTE INC

19 MERIDIAN ST STE 101
EAST BOSTON,MA02128 		  PC UNRESTRICTED 75,000

BERKSHIRE AGRICULTERAL VENTURES INC

314 MAIN ST SUITE 11
GREAT BARRINGTON,MA01230 		  PC UNRESTRICTED 20,000

BERKSHIRE BLACK ECONOMIC COUNCIL INC

PO BOX 461
PITTSFIELD,MA01202 		  PC UNRESTRICTED 20,000

BERKSHIRE COUNTY HEAD START CHILD DEVELOPMENT

1 MEADOW LN
PITTSFIELD,MA01201 		  PC UNRESTRICTED 50,000

BERKSHIRE COUNTY HISTORICAL SOCIETY INC

780 HOLMES RD
PITTSFIELD,MA01201 		  PC UNRESTRICTED 10,000

BERKSHIRE FAMILY YMCA INC

292 NORTH ST
PITTSFIELD,MA01201 		  PC UNRESTRICTED 75,000

BERKSHIRE GROWN INC

PO BOX 983
GREAT BARRINGTON,MA01230 		  PC UNRESTRICTED 15,000

BERKSHIRE IMMIGRANT CENTER

67 EAST ST
PITTSFIELD,MA01201 		  PC UNRESTRICTED 20,000

BERKSHIRE NURSING FAMILIES INC

71 HOSPITAL AVE
NORTH ADAMS,MA01247 		  PC UNRESTRICTED 15,000

BERKSHIRE RESOURCES FOR INTEGRATION OF DIVERSE GROUPS AND EDUCATION INC

17 MAIN ST SUITE B3
LEE,MA01238 		  PC UNRESTRICTED 45,000

BERKSHIRE SOUTH REGIONAL COMMUNITY CENTER INC

15 CRISSEY RD
GREAT BARRINGTON,MA01230 		  PC UNRESTRICTED 25,000

BERKSHIRE TACONIC COMMUNITY FOUNDATION INC

PO BOX 400
SHEFFIELD,MA01257 		  PC UNRESTRICTED 25,000

BERKSHIRE THEATRE GROUP INC

111 SOUTH STREET
PITTSFIELD,MA02101 		  PC UNRESTRICTED 50,000

BERKSHIRE UNITED WAY INC

200 SOUTH STREET
PITTSFIELD,MA01201 		  PC UNRESTRICTED 215,000

BERKSHIRE BOUNTY INC

33 COMMONWEALTH AVE
GREAT BARRINGTON,MA01230 		  PC UNRESTRICTED 20,000

BIKES NOT BOMBS INC

248 AMORT ST
JAMAICA PLAIN,MA02130 		  PC UNRESTRICTED 50,000

BLACKSHIRES COMMUNITY EMPOWERMENT FUND

267 ONATA ST
PITTSFIELD,MA01201 		  PC UNRESTRICTED 30,000

BOSTON NEIGHBORHOOD COMMUNITY LAND TRUST

550 DUDLEY ST
ROXBURY,MA02118 		  PC UNRESTRICTED 25,000

BOSTON UNIVERSITY

940 COMMONWEALTH AVENUE WEST
BOSTON,MA02215 		  PC UNRESTRICTED 30,000

BOSTON WOMEN'S FUND INC

2 OLIVER ST 8TH FLOOR SUITE 800
BOSTON,MA02109 		  PC UNRESTRICTED 20,000

BOYS AND GIRLS CLUB OF THE BERKSHIRES INC

16 MELVILLE STREET
PITTSFIELD,MA01201 		  PC UNRESTRICTED 125,000

BRAZILIAN WOMAN'S GROUP INC

697 CAMBRIDGE ST STE 104
BRIGHTON,MA02135 		  PC UNRESTRICTED 15,000

BUZZARDS BAY COALITION INC

114 FRONT ST
NEW BEDFORD,MA027407264 		  PC UNRESTRICTED 25,000

CAPE COD COMMUNITY COLLEGE

2240 IYANNOUGH ROAD
WEST BARNSTABLE,MA02668 		  PC UNRESTRICTED 75,000

CAPE COD HEALTHCARE FOUNDATION INC

348C GIFFORD ST
FALMOUTH,MA02540 		  PC UNRESTRICTED 210,000

THE CENTER FOR ECONOMIC DEMOCRACY INC

434 MASSACHUSETTS AVE SUITE 201
BOSTON,MA02118 		  PC UNRESTRICTED 100,000

CENTER FOR POPULAR DEMOCRACY

449 TROUTMAN STREET SUITE A
BROOKLYN,NY11237 		  PC UNRESTRICTED 50,000

CHILDREN'S ADVOCACY CENTER OF SUFFOLK COUNTY

989 COMMONWEALTH AVENUE
BOSTON,MA02215 		  PC UNRESTRICTED 30,000

CHILDCARE OF THE BERKSHIRES INC

PO BOX 172
NORTH ADAMS,MA01247 		  PC UNRESTRICTED 50,000

CHURCH OF THE MESSIAH

16 CHURCH ST
WOODS HOLE,MA02543 		  PC UNRESTRICTED 5,000

THE CITY SCHOOL INC

614 COLUMBIA RD
DORCHESTER,MA02125 		  PC UNRESTRICTED 55,000

COMMUNITY ECONOMIC DEVELOPMENT CTR OF SE MASSACHUSETTS

PO BOX 63005
NEW BEDFORD,MA02746 		  PC UNRESTRICTED 25,000

COMMUNITY HEALTH CENTER OF CAPE COD INC

107 COMMERCIAL STREET
MASHPEE,MA02649 		  PC UNRESTRICTED 90,000

COMMUNITY RECREATION ASSOCIATION

400 MAIN STREET
DALTON,MA02649 		  PC UNRESTRICTED 25,000

COMMUNITY LABOR UNITED INC

8 BEACON ST 5TH FLOOR
BOSTON,MA02108 		  PC UNRESTRICTED 65,000

CONSTRUCT INC

316A START ROAD
GREAT BARRINGTON,MA01230 		  PC UNRESTRICTED 100,000

DUFFY HEALTH CENTER INC

94 MAIN ST
HYANNIS,MA02601 		  PC UNRESTRICTED 5,000

EQUAL JUSTICE INITATIVE

122 COMMERCE ST
MONTGOMERY,AL36104 		  PC UNRESTRICTED 45,000

ELIZABETH FREEMAN CENTER INC

43 FRANCIS AVE
PITTSFIELD,MA01201 		  PC UNRESTRICTED 75,000

ENTERPRENEURSHIP FOR ALL INC BERKSHIRE COUNTY E FOR ALL

437 NORTH STREET
PITTSFIELD,MA01201 		  PC UNRESTRICTED 20,000

EPISCOPAL CITY MISSION

89 SOUTH ST SUITE 202
BOSTON,MA02111 		  PC UNRESTRICTED 20,000

FALMOUTH HOUSING CORPORATION

704 MAIN STREET
FALMOUTH,MA02540 		  PC UNRESTRICTED 25,000

FALMOUTH HOUSING TRUST

PO BOX 465
FALMOUTH,MA02541 		  PC UNRESTRICTED 12,500

FALMOUTH EDUCATION FOUNDATION INC

PO BOX 1061
FALMOUTH,MA02541 		  PC UNRESTRICTED 15,000

FALMOUTH SERVICE CENTER INC

PO BOX 208
FALMOUTH,MA02541 		  PC UNRESTRICTED 12,500

FAMILIES FOR JUSTICE AS HEALING INC

100R WARREN ST
ROXBURY,MA02119 		  PC UNRESTRICTED 55,000

FLYING CLOUD INSTITUTE INC

352 MAIN ST SUITE LLOO
GREAT BARRINGTON,MA01230 		  PC UNRESTRICTED 30,000

FOUNDATION MUSIC SCHOOL

3663 S COLLEGE AVE
FORT COLLINS,CO80525 		  PC UNRESTRICTED 30,000

GIRLS ON THE RUN GREATER BOSTON

89 SOUTH STREET SUITE LLOO
BOSTON,MA02111 		  PC UNRESTRICTED 5,000

GIVEDIRECTLY INC

PO BOX 3221
NEW YORK,NY10008 		  PC UNRESTRICTED 20,500

GLADYS ALLEN BRIGHAM COMMUNITY CENTER INC

165 EAST ST
PITTSFIELD,MA01201 		  PC UNRESTRICTED 50,000

GOSNOLD INC

200 TER HEUN DRIVE
FALMOUTH,MA02540 		  PC UNRESTRICTED 20,000

GREATER YELLOWSTONE COALITION INC

215 SOUTH WALLACE AVE
BOZEMAN,MT597154872 		  PC UNRESTRICTED 55,000

GREENAGERS INC

PO BOX 157
SOUTH EGREMOUNT,MA02158 		  PC UNRESTRICTED 20,000

GROUNDSWELL

C/O WEWORK 80 M STREET SE
WASHINGTON,DC20003 		  PC UNRESTRICTED 40,000

HABITAT FOR HUMANITY- CENTER BERKSHIRES INC

PO BOX 2717
PITTSFIELD,MA01201 		  PC UNRESTRICTED 20,000

HAYMARKET PEOPLE'S FUND INC

42 SEAVERNS AVE
JAMACA PLAIN,MA02130 		  PC UNRESTRICTED 50,000

THE HOLE IN THE WALL GANG FUND INC

555 LONG WHARF DR
NEW HAVEN,CT65111 		  PC UNRESTRICTED 32,500

HORIZONS STUDENT ENRICHMENT PROGRAM

635 FROGTOWN ROAD
NEW CANAAN,CT06840 		  PC UNRESTRICTED 32,500

HURRICANE ISLAND OUTWARD BOUND SCHOOL

PO BOX 800
CAMDEN,ME04843 		  PC UNRESTRICTED 40,000

LA COLLABORATIVA INC

PO BOX 505114
CHELSEA,MA02150 		  PC UNRESTRICTED 75,000

THE LENNY ZAKIM FUND INC

33 ARCH ST 26TH FL
BOSTON,MA02110 		  PC UNRESTRICTED 40,000

LITERACY NETWORK OF SOUTH BERKSHIRES INC

100 MAIN ST
LEE,MA01238 		  PC UNRESTRICTED 20,000

THE LOUIS D BROWN PEACE INSTITUTE CORP

15 CHRISTOPHER ST
DORCHESTER,MA02122 		  PC UNRESTRICTED 50,000

MARGARET FULLER NEIGHBORHOOD HOUSE INC

71 CHERRY ST
CAMBRIDGE,MA02139 		  PC UNRESTRICTED 7,000

MARINE BIOLOGICAL LABORATORY

7 MBL STREET
WOODS HOLE,MA025431015 		  PC UNRESTRICTED 25,000

MASSACHUSETTS COMMUNITIES ACTION NETWORK

14 CUSHING AVE
DORCHESTER,MA02124 		  PC UNRESTRICTED 50,000

MASSACHUSETTS MARITIME ACADEMY

101 ACADEMY DRIVE
BUZZARDS BAY,MA02532 		  PC UNRESTRICTED 200,000

MEDECINS SANS FRONTIERS USA INC

PO BOX 5030
HAGERSTOWN,MD21471 		  PC UNRESTRICTED 5,000

MILTON ACADEMY

170 CENTRE STREET
MILTON,MA02186 		  PC UNRESTRICTED 15,000

MOVIMIENTO COSECHA SUPPORT NETWORK

1040 BOND ST
ELIZABETH,NJ07201 		  PC UNRESTRICTED 10,000

NATIONAL CENTER OF AFRO-AMERICAN ARTISTS

300 WALNUT AVE
BOSTON,MA02119 		  PC UNRESTRICTED 25,000

NATIONAL DOMESTIC WORKERS ALLIANCE

45 BROADWAY SUITE 320
NEW YORK,NY01006 		  PC UNRESTRICTED 40,000

NATIONAL NETWORK OF ABORTION FUNDS

9450 SW GEMINI DR PMB 16009
BEAVERTON,OR97008 		  PC UNRESTRICTED 2,500

NEIGHBOR TO NEIGHBOR MASSACHUSETTS EDUCATION FUND INC

15 COURT SQUARE SUITE 345
BOSTON,MA02108 		  PC UNRESTRICTED 40,000

NEO PHILANTHROPY

1001 AVENUE OF THE AMERICAS FL 12
NEW YORK,NY10018 		  PC UNRESTRICTED 10,000

NEW ENGLAND INNOCENCE PROJECT INC

1035 CAMBRIDGE ST SUITE 28A
CAMBRIDGE,MA02141 		  PC UNRESTRICTED 5,000

NEW ISRAEL FUND

PO BOX 70358
PHILADELPHIA,PA191760358 		  PC UNRESTRICTED 2,500

NEXT LEADERSHIP DEVELOPMENT CORPORATION

58 WINTER ST FL 6
BOSTON,MA02108 		  PC UNRESTRICTED 30,000

NONPROFIT ORGANIZATIONS FOR PHILANTHROPIC INITIATIVES

PO BOX 109
WALPOLE,MA02081 		  PC UNRESTRICTED 30,000

PEACE DEVELOPMENT FUND INC

PO BOX 1280
AMHERST,MA010041280 		  PC UNRESTRICTED 15,000

PENIKESE ISLAND SCHOOL INC

PO BOX 161
WOODS HOLE,MA02543 		  PC UNRESTRICTED 5,000

PIONEER VALLEY WORKERS CENTER INC

20 HAMPTON AVENUE SUITE 200
NORTHHAMPTON,MA01060 		  PC UNRESTRICTED 20,000

PLAN INTERNATIONAL USA

155 PLAN WAY
WARWICK,RI02886 		  PC UNRESTRICTED 15,000

RAILROAD STREET YOUTH PROJECT INC

PO BOX 698
GREAT BARRINGTON,MA01230 		  PF UNRESTRICTED 30,000

RAILROAD STREET YOUTH PROJECT INC - SOUTH COUNTY RECOVERY

PO BOX 698
GREAT BARRINGTON,MA01230 		  PC UNRESTRICTED 20,000

RECOVERY WITHOUT WALLS INC

PO BOX 591
WEST FALMOUTH,MA02574 		  PC UNRESTRICTED 7,500

RESILIENT SISTERHOOD PROJECT INC

263 HUNTINGTON AVE SUITE 302
BOSTON,MA02115 		  PC UNRESTRICTED 25,000

RESIST INC

PO BOX 301240
BOSTON,MA02130 		  PC UNRESTRICTED 185,000

RITES OF PASSAGE & EMPOWERMENT INC

PO BOX 1016
PITTSFIELD,MA01202 		  PC UNRESTRICTED 25,000

SCHOTT FOUNDATION FOR PUBLIC EDUCATION

ONE MIFFIN PLACE SUITE 400
CAMBRIDGE,MA02138 		  PC UNRESTRICTED 40,000

SEA EDUCATION ASSOCIATION INC

PO BOX 6
HOLE,MA02543 		  PC UNRESTRICTED 10,000

SECOND STREET SECOND CHANCES INC

264 SECOND ST
PITTSFIELD,MA01201 		  PC UNRESTRICTED 25,000

SI SI PUEDE INC

PO BOX 53
N ANDOVER,MA018450053 		  PC UNRESTRICTED 5,000

SIERRA CLUB FOUNDATION

424 E MAIN STREET SUITE 202B
BOZEMAN,MT59715 		  PC UNRESTRICTED 12,500

SMART FROM THE START INC

68 ANNUNCIATION ROAD
ROXBURY,MA02120 		  PC UNRESTRICTED 100,000

STRATEGIES FOR CHILDREN INC

400 ATLANTIC AVE
BOSTON,MA02110 		  PC UNRESTRICTED 25,000

TAPESTRY HEALTH SYSTEMS INC

1985 MAIN ST 2ND FL SUITE 202
SPRINGFIELD,MA01103 		  PC UNRESTRICTED 50,000

THIRD SECTOR NEW ENGLAND

89 SOUTH ST LL02 SUITE D
BOSTON,MA02111 		  PC UNRESTRICTED 30,000

TIDES FOUNDATION

PO BOX 889389
LOS ANGELES,CA900889389 		  PC UNRESTRICTED 35,000

UNITED INTERFAITH ACTION OF SOUTHEASTERN MASS

28 N MAIN ST
FALL RIVER,MA02720 		  PC UNRESTRICTED 20,000

UNTOURS FOUNDATION

PO BOX 405
MEDIA,PA19063 		  PC UNRESTRICTED 25,000

URBAN REVIVAL INC CITY LIFEVIDA URBANA

PO BOX 300107
JAMACA PLAIN,MA02130 		  PC UNRESTRICTED 85,000

VERMONT LAND TRUST

8 BAILEY AVENUE
MONTPELLIER,VT05602 		  PC UNRESTRICTED 35,000

VISIONS INC

1452 DORCHESTER AVE 4TH FL
DORCHESTER,MA02122 		  PC UNRESTRICTED 20,000

VISITING NURSE ASSOCIATION (CAPE COD FOUNDATION)

348C GIFFORD ST
FALMOUTH,MA02540 		  PC UNRESTRICTED 40,000

VOLUNTEERS IN MEDICINE - BERKSHIRES INC

777 MAIN ST SUITE 4
GREAT BARRINGTON,MA01230 		  PC UNRESTRICTED 60,000

WAGING NONVIOLENCE INC

226 PROSPECT PARK WEST 146
BROOKLYN,NY11215 		  PC UNRESTRICTED 10,000

WESTSIDE LEGENDS INC

PO BOX 4102
PITTSFIELD,MA01201 		  PC UNRESTRICTED 25,000

WOODS HOLE COMMUNITY ASSOCIATION

PO BOX 327
WOODS HOLE,MA02543 		  PC UNRESTRICTED 5,000

WOODS HOLE FILM FESTIVAL

PO BOX 624
WOODS HOLE,MA02543 		  PC UNRESTRICTED 5,000

WOODS HOLE OCEANOGRAPHIC INSTITUTION

266 WOODS HOLE RD MS40
WOODS HOLE,MA02543 		  PC UNRESTRICTED 25,000

WOODS HOLE PUBLIC LIBRARY

PO BOX 185
WOODS HOLE,MA02543 		  PC UNRESTRICTED 15,000

WOODWELL CLIMATE RESEARCH CENTER INC

149 WOODS HOLE ROAD
WOODS HOLE,MA02543 		  PC UNRESTRICTED 65,000

THE WEALTH REDISTRIBUTION CENTER INC

35 GLENELLEN RD
BOSTON,MA02132 		  PC UNRESTRICTED 20,000
Total .................................right arrow 3a 4,695,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,941,769  
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 .....     18 392,182  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 12,371,723  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aU.S. TREASURY REFUND - 2021 FORM 990-T 		  0   1,422 0
bU.S. TREASURY REFUND - FORM 4720 REFUND OF INTEREST   0   40 0
cCOMMONWEALTH OF MASSACHUSETTS - REFUND 2023 MA FORM 990-T   0   93,554 0
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 14,800,690 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
14,800,690
(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:
JOSEPHINE AND LOUISE CRANE FOUNDATION
 
C/O CAMERON K MACKEY
EIN:
20-8970284
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 39,160 19,580 0 19,580

TY 2024 InvestmentsCorpStockSchedule
Name:
JOSEPHINE AND LOUISE CRANE FOUNDATION
 
C/O CAMERON K MACKEY
EIN:
20-8970284
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS 143,434 916,983
ABBVIE INC. 155,498 1,442,213
AKAMAI TECHNOLOGIES INC. 53,260 95,650
ALPHABET INC. CAP STK CL A 60,380 913,393
ALPHABET INC. CAP STK CL C 128,834 1,177,871
AMAZON.COM INC. 131,026 219,390
ANALOG DEVICES 52,361 648,428
APPLE INC. 50,205 500,840
AUTOLIV INC. 27,396 168,822
AUTOMATIC DATA PROCESSING 73,127 723,629
BERKSHIRE HATHAWAY INC. 126,850 679,920
BOEING CO. 19,992 159,300
CHEVRON CORP. 221,201 401,496
CIGNA CORP. 31,072 122,330
CISCO SYSTEMS INC. 156,429 470,226
COLGATE PALMOLIVE CO. 218,610 636,370
CORNING INC. 51,922 213,840
CORTEVA INC. 193,680 284,800
COSTCO WHOLESALE CORP. 51,054 1,159,082
CSX CORP. 29,521 528,905
DEERE & CO. 5,020 211,850
DFA US SMALL CAP VALUE PRTF 116,606 416,769
DOW INC. 105,673 91,055
EATON VANCE INC FUND OF BOSTON CL I 125,000 129,233
EMERSON ELECTRIC CO. 131,499 577,514
EQUIFAX, INC. 6,463 254,850
EUROS ON HAND - BTG - SHOWN AS US$ 187 187
EXXON MOBIL CORP. 168,198 1,165,198
FIDELITY ADV CONSERVATIVE INC BD CL Z 225,000 225,448
GE AEROSPACE 24,262 197,980
GE VERNOVA 6,148 97,363
GLOBAL X US PREFERRED ETF 540,261 463,128
HOME DEPOT INC. 80,651 1,018,765
IBM CORP. 100,915 772,483
IMPAX GLOBAL ENVIRON MKTS INSTL 450,000 397,326
INTL FLAVORS & FRAGRANCES INC. 51,202 95,119
INVESCO EXCHANGE-TRADED WATER RES ETF 476,566 566,057
INVESCO S&P SMALL CAP INFO TECH 139,352 152,736
INVESTCO EXH TRADED FD TR III 249,676 216,635
ISHARES CORE MSCI EMERG MKTS 5,770,705 6,397,316
ISHARES CORE S&P SM CAP 281,337 1,577,592
J.P. MORGAN CHASE & CO. 80,397 731,116
JOHNSON & JOHNSON 146,473 566,910
LAZARD GLOBAL LISTED INFRASTRUCTURE 550,000 648,792
MCDONALDS CORP. 27,441 166,687
MERCK & CO. 56,478 258,648
MICROSOFT CORP. 170,576 2,691,278
NESTLE S A SPONSORED ADR 95,382 114,380
NEXTERA ENERGY 180,717 215,070
NOVARTIS A G SPONSORED 128,637 259,818
PEPSICO INC. 314,150 1,148,813
PFIZER INC. 25,695 172,445
PROCTER & GAMBLE CO. 179,922 696,418
QUEST DIAGNOSTICS INC. 115,078 546,868
SCHLUMBERGER LTD. 81,519 91,671
SELECT SECTOR SPDR TR FINANCIAL 496,190 1,783,522
SELECT SECTOR SPDR TRUST TECHNOLOGY 1,465,742 4,425,553
UTILITIES SELECT SECTOR SPDR FUND 357,306 876,112
VANGUARD DEVELOPED MARKETS INDEX FD 7,828,164 9,727,449
VANGUARD GLOBAL EX-US REAL ESTATE 190,041 181,027
VANGUARD INDS FD VANGUARD TOTAL STK 5,882,515 7,126,718
VANGUARD INTERMED TRM INVST GR ADM 1,134,504 1,121,577
VANGUARD INTL EQUITY IND FD FTSE EMERG 317,436 352,320
VANGUARD REAL ESTATE ETF 439,387 450,299
VANGUARD SCOTTSDALE FDS RUSSELL 2000 VAL 263,916 289,220
VANGUARD SH TERM INV GR ADM 70,807 69,375
VANGUARD TOTAL BOND MKT LNDE ADM 1,300,045 1,056,041
VANGUARD TOTL INTL STK INDEX ADM 1,071,889 1,282,578
VANGUARD WORLD FDS COMM SRVC ETF 1,071,534 1,158,946
VANGUARD WORLD FD CONSUMER DISCR ETF 1,085,069 1,427,195
VANGUARD WORLD FD ENERGY INDEX FUND 100,064 137,202
VANGUARD WORLD FDS FINLS ETF 2,106,001 3,784,852
VANGUARD WORLD FD HEALTH CARE ETF 1,029,382 989,898
VANGUARD WORLD FD INDUSTRIALS ETF 533,242 690,670
VANGUARD WORLD FD INFO TECH 2,523,496 3,049,929
VANGUARD WORLD FD MATERIALS IND FUND 350,725 335,482
VERIZON 78,199 79,980
WAL MART STORES INC. 174,469 838,358
WALT DISNEY CO. 182,287 777,334

TY 2024 InvestmentsGovtObligationsSch
Name:
JOSEPHINE AND LOUISE CRANE FOUNDATION
 
C/O CAMERON K MACKEY
EIN:
20-8970284
US Government Securities - End of Year Book Value:

164,133
US Government Securities - End of Year Fair Market Value:

161,832
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:
JOSEPHINE AND LOUISE CRANE FOUNDATION
 
C/O CAMERON K MACKEY
EIN:
20-8970284
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
A. W. JONES ASSOCIATES LP AT COST 62,000 2,380,745
AMPERSAND CF LIMITED PARTNERSHIP AT COST 0 665,347
AVIATOR CAPITAL FUND IV GLOBAL AT COST 207,106 261,632
AVIATOR CAPITAL MID-LIFE OFFSHORE AT COST 181,216 228,231
BALLENTINE INCOME OPPORTUNITIES FUND AT COST 147,910 179,232
BALLENTINE PRIVATE EQUITY FUND II AT COST 546,804 611,725
BENEFIT STREET PARTNERS AT COST 37,758 76,522
BOW RIVER REAL ESTATE FUND III AT COST 345,116 340,079
BTG PACTUAL GLB TIMBERLAND FD B AT COST 416,760 78,877
CARTER-HASTON MULTIFAMILY VALUE FD V AT COST 440,399 306,880
CORE PRIVATE EQUITY FUND AT COST 1,384,597 2,030,792
COUNTERPOINT VENTURE FEEDER FD AT COST 475,665 322,950
DAVIS VALUE OPPORTUNITY FUND II-A AT COST 0 4,161
DAVIS VALUE OPPORTUNITY FD IV-B AT COST 302,830 370,964
DAVIS VALUE OPPORTUNITY FUND V-B AT COST 109,664 101,987
IVY REALTY FUND IV, L.P. AT COST 481 54,570
KAYNE ANDERSON ENERGY FUND VI AT COST 0 18,462
KAYNE ANDERSON ENERGY FUND VII AT COST 147,563 85,085
KAYNE ANDERSON ENERGY FUND VIII AT COST 114,344 103,565
KEPE CONTINUATION FUND I, LP AT COST 94,942 105,887
MONITOR ANNEX AT COST 0 53,986
MONITOR VENTURE PARTNERS I AT COST 0 6,050
MONITOR VENTURE PARTNERS I-A AT COST 3,484 3,486
NORTHBRIDGE PARTNERS FUND III AT COST 281,369 353,061
NORTHBRIDGE PARTNERS FUND IV AT COST 220,713 217,082
RCP FUND IX, LP AT COST 0 494,395
RCP FUND X, LP AT COST 0 493,077
SIGULER GUFF GEF FUND IV AT COST 401,630 561,807
SJC ONSHORE DIRECT LENDING III AT COST 73,352 111,439
SJC ONSHORE DIRECT LENDING IV AT COST 156,652 229,525
TERRAVET REAL ESTATE FUND III AT COST 222,208 258,302
TRUEBRIDGE CAPITAL PARTNERS V AT COST 330,253 980,906
TRUEBRIDGE CAPITAL PARTNERS VII AT COST 270,505 281,630
TRUEBRIDGE CAPITAL PARTNERS VIII AT COST 42,500 31,616
TRUEBRIDGE-KAUFFMAN FUND III AT COST 0 766,460
WHITE OAK PINNACLE FUND, L.P. AT COST 141,879 343,395
YORK EUROPEAN OPPORTUNITIES FUND AT COST 0 29,212

TY 2024 OtherExpensesSchedule
Name:
JOSEPHINE AND LOUISE CRANE FOUNDATION
 
C/O CAMERON K MACKEY
EIN:
20-8970284
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
KRISTINE HAZZARD (KATALYST) - CONSULTING 2,100 0 0 0
PHILANTHROPY MASSACHUSETTS - 2024 MEMBERSHIP 7,500 0 0 0
VANGUARD REAL ESTATE ETF - COST ADJUSTMENT 682 0 0 0
NUTTER, MCCLENNEN & FISH, LLP - FOUNDATION SUBDIVISION 2,556 0 0 0
COMMONWEALTH OF MASSACHUSETTS - ANNUAL REPORT 18 0 0 0
FALMOUTH PRINTING - STATIONERY 492 0 0 0
COMMONWEALTH OF MASSACHUSETTS - CERTIFICATE OF GOOD STANDING 15 0 0 0
BALLENTINE PRIVATE EQUITY FUND II LP 0 8 0 0
CORE PRIVATE EQUITY FUND, LP 0 4 0 0
RCP FUND X LP 0 74 0 0
TRUEBRIDGE CAPITAL PARTNERS FUND V (CAYMAN) LP 0 44 0 0


TY 2024 OtherIncomeSchedule2
Name:
JOSEPHINE AND LOUISE CRANE FOUNDATION
 
C/O CAMERON K MACKEY
EIN:
20-8970284
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
RCP FUND IX, LP 102,414 0 0
RCP FUND X, LP 130,105 0 0
TRUEBRIDGE-KAUFFMAN FUND III 80,986 0 0
KAYNE ANDERSON ENERGY FUND VI 570 0 0
DAVIS INVESTMENT VENTURES FUND II-A, LP 43,500 0 0
YORK EUROPEAN OPPORTUNITIES FUND 6,520 0 0
AMPERSAND CF LIMITED PARTNERSHIP 28,087 0 0
AW JONES ASSOCIATES LP   17,801 0
BALLENTINE INCOME OPPORTUNITIES FUND LP   -2,918 0
BALLENTINE PRIVATE EQUITY FUND II LP   2,160 0
CORE PRIVATE EQUITY FUND, LP   -1,860 0
DAVIS INVESTMENT VENTURES FUND IV-B, LP   -8,133 0
DAVIS INVESTMENT VENTURES FUND II-A, LP   -28 0
DAVIS INVESTMENT VENTURES FUND V-B, LP   -6,199 0
IVY REALTY FUND IV, LP   -1,652 0
KAYNE ANDERSON ENERGY FUND VI LP   -14,138 0
KAYNE ANDERSON ENERGY FUND VII, L.P.   1,480 0
KAYNE ANDERSON ENERGY FUND VIII, L.P.   5,453 0
KEPE CONTINUATION FUND I, LP   96 0
RCP FUND X LP   655 0
RCP FUND IX, LP   -6,360 0
SJC ONSHORE DIRECT LENDING FUND III, L.P.   11,985 0
SJC ONSHORE DIRECT LENDING FUND IV - 5 YEAR, L.P.   12,789 0
TERRAVET REAL ESTATE FUND III, LP   -380 0
TRUEBRIDGE CAPITAL PARTNERS FUND V (CAYMAN) LP   -145 0
TRUEBRIDGE - KAUFFMAN FELLOWS ENDOWMENT FUND III, LP   8,745 0
WHITE OAK PINNACLE FUND, LP   299 0
YORK EUROPEAN OPPORTUNITIES FUND, LP   -1,476 0
U.S. TREASURY REFUND - 2021 FORM 990-T 1,422 0 0
U.S. TREASURY REFUND - FORM 4720 REFUND OF INTEREST 40 0 0
COMMONWEALTH OF MASSACHUSETTS - REFUND 2023 MA FORM 990-T 93,554 0 0


TY 2024 OtherProfessionalFeesSchedule
Name:
JOSEPHINE AND LOUISE CRANE FOUNDATION
 
C/O CAMERON K MACKEY
EIN:
20-8970284
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CUSTODY ACCOUNT 72-033-01-8 | CAPE COD 4,976 4,976 0 0
TD WEALTH MANAGEMENT 52,969 52,969 0 0
FIDELITY INVESTMENTS 238,639 238,639 0 0
TD BANK CHECKING ACCOUNT 824-5375791 32 32 0 0
ADMINISTRATIVE SERVICES (MACKEY & FOSTER) 19,047 9,524 0 9,524
AMPERSAND CF LIMITED PARTNERSHIP 0 1,846 0 0
AVIATOR CAPITAL FUND IV GLOBAL FEEDER, LP 0 794 0 0
AVIATOR CAPITAL MID-LIFE OFFSHORE FEEDER FUND, LP 0 1,004 0 0
AW JONES ASSOCIATES LP 0 72,794 0 0
BALLENTINE INCOME OPPORTUNITIES FUND LP 0 2,191 0 0
BALLENTINE PRIVATE EQUITY FUND II LP 0 26,381 0 0
BOW RIVER REAL ESTATE FUND III TE FEEDER LP 0 507 0 0
CARTER-HASTON MULTIFAMILY VALUE FUND V REIT, LP 0 7,519 0 0
CORE PRIVATE EQUITY FUND, LP 0 54,748 0 0
DAVIS INVESTMENT VENTURES FUND IV-B, LP 0 57 0 0
DAVIS INVESTMENT VENTURES FUND V-B, LP 0 110 0 0
KAYNE ANDERSON ENERGY FUND VI LP 0 119 0 0
KAYNE ANDERSON ENERGY FUND VII, L.P. 0 2,098 0 0
KAYNE ANDERSON ENERGY FUND VIII, L.P. 0 3,085 0 0
KEPE CONTINUATION FUND I, LP 0 16 0 0
MONITOR VENTURE PARTNERS ANNEX, LP 0 613 0 0
MONITOR VENTURE PARTNERS I, LP 0 869 0 0
MONITOR VENTURE PARTNERS I-A, LP 0 304 0 0
NB PARTNERS FUND III, LP 0 6,449 0 0
NB PARTNERS FUND IV, LP 0 7,451 0 0
RCP FUND X LP 0 7,788 0 0
RCP FUND IX, LP 0 3,767 0 0
TRUEBRIDGE CAPITAL PARTNERS FUND V (CAYMAN) LP 0 14,434 0 0
TRUEBRIDGE - KAUFFMAN FELLOWS ENDOWMENT FUND III, LP 0 10,245 0 0


TY 2024 TaxesSchedule
Name:
JOSEPHINE AND LOUISE CRANE FOUNDATION
 
C/O CAMERON K MACKEY
EIN:
20-8970284
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
U.S. TREASURY - FORM 4720 FOR 2022 10,000 0 0 0
U.S. TREASURY - FORM 4720 FOR 2022 - ADDITIONAL PENALTY/INTEREST 3,363 0 0 0
U.S. TREASURY - 3RD Q 2024 - FORM 990-PF ESTIMATED TAX 85,000 0 0 0
COMMONWEALTH OF MASSACHUSETTS - FORM PC 500 0 0 0
COMMONWEALTH OF MASSACHUSETTS - 2024 UBI ESTIMATED TAX 10,000 0 0 0
PETROLEO BRASILEIRO - FOREIGN TAXES PAID 299 299 0 0
SANDOX - FOREIGN TAXES PAID 93 93 0 0
NESTLE - FOREIGN TAXES PAID 1,606 1,606 0 0
TD BANK WEALTH MANAGEMENT 0 6,259 0 0
CUSTODY ACCOUNT 72-033-01-8 (CAPE COD) 3,495 3,495 0 0
FIDELITY 0 51,454 0 0
NESTLE - CONVERSION FEES 28 28 0 0
SANDOX - FOREIGN TAX CONVERSION 13 13 0 0
PETROLEO BRASILEIRO - FOREIGN TAX CONVERSION 150 150 0 0
CARTER-HASTON MULTIFAMILY VALUE FUND V REIT, LP 0 467 0 0
KAYNE ANDERSON ENERGY FUND VI LP 0 167 0 0
RCP FUND X LP 0 27 0 0
RCP FUND IX, LP 0 321 0 0
TRUEBRIDGE CAPITAL PARTNERS FUND V (CAYMAN) LP 0 308 0 0
TRUEBRIDGE - KAUFFMAN FELLOWS ENDOWMENT FUND III, LP 0 338 0 0