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
ANN PEPPERS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)177 E COLORADO BLVD 800
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PASADENA, CA91105
A Employer identification number

95-2114455
B Telephone number (see instructions)

(626) 441-5188
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$50,779,024J 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 476,543 476,543  
4 Dividends and interest from securities... 421,217 421,217  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,677,056
b Gross sales price for all assets on line 6a 18,258,559
7 Capital gain net income (from Part IV, line 2)... 6,678,519
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
0 -24,370  
12 Total. Add lines 1 through 11........ 7,574,816 7,551,909 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 72,000 18,000 0 54,000
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
20,661 3,215 0 15,496
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
682,853 68,285 0 614,568
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
108,033 5,313 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
8,907 0 0 8,907
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 892,454 94,813 0 692,971
25 Contributions, gifts, grants paid....... 1,384,000 1,494,000
26 Total expenses and disbursements. Add lines 24 and 25 2,276,454 94,813 0 2,186,971
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,298,362
b Net investment income (if negative, enter -0-) 7,457,096
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.............      
2 Savings and temporary cash investments......... 1,147,704 475,960 475,960
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.......... 10,990    
10a Investments—U.S. and state government obligations (attach schedule) 3,030,594 Click to see attachment
List of Attached Documents:
// Content
5,958,062 		5,958,062
b Investments—corporate stock (attach schedule)....... 31,232,450 Click to see attachment
List of Attached Documents:
// Content
35,727,553 		35,727,553
c Investments—corporate bonds (attach schedule)....... 4,631,749 Click to see attachment
List of Attached Documents:
// Content
4,539,827 		4,539,827
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).......... 2,569,760 Click to see attachment
List of Attached Documents:
// Content
3,874,581 		3,874,581
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
148,661 		Click to see attachment
List of Attached Documents:
// Content
203,041 		Click to see attachment
List of Attached Documents:
// Content
203,041
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 42,771,908 50,779,024 50,779,024
Liabilities 17 Accounts payable and accrued expenses.......... 40,621 58,856
18 Grants payable................. 400,000 290,000
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) Click to see attachment
List of Attached Documents:
// Content
285,789 		Click to see attachment
List of Attached Documents:
// Content
341,920
23 Total liabilities (add lines 17 through 22)......... 726,410 690,776
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........... 42,045,498 50,088,248
25 Net assets with donor restrictions............ 0 0
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)..... 42,045,498 50,088,248
30 Total liabilities and net assets/fund balances (see instructions). 42,771,908 50,779,024
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
42,045,498
2
Enter amount from Part I, line 27a .....................
2
5,298,362
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,776,989
4
Add lines 1, 2, and 3 ..........................
4
50,120,849
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
32,601
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
50,088,248
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 SALE OF PUBLICLY TRADED SECURITIES   2024-01-01 2024-12-31
b WTC MULTI STRATEGY FUND OFFSHORE LLC P 2024-01-01 2024-12-31
c INDUSTRY VENTURES SECONDARY X, L.P. P 2024-01-01 2024-12-31
d
e
(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 18,258,559   11,581,503 6,677,056
b       94
c       1,369
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       6,677,056
b       94
c       1,369
d
e
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 6,678,519
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) 1 103,654
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........................... 3 103,654
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- ..... 5 103,654
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 76,217
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 76,217
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 27,437
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
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 arrowCA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowWHITTIER TRUST COMPANY Telephone no.right arrow (626) 441-5188

Located atright arrow177 E COLORADO BLVD 800PASADENACA ZIP+4right arrow91105
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
PHILIP A SWAN PRESIDENT/DIRECTOR
3.00 		18,000 0 0
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
JENNIFER F DEVOLL VICE PRESIDENT/DIRECTOR
3.00 		18,000 0 0
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
LAWAYNE WILLIAMS TREASURER/DIRECTOR
3.00 		18,000 0 0
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
PEGINE GRAYSON SECRETARY/EXECUTIVE DIRECTOR
3.00 		0 0 0
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
MARY J MACHADO SCHAMMEL AUDIT CHAIR/DIRECTOR
3.00 		18,000 0 0
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
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
WHITTIER TRUST COMPANY PHILANTHROPIC SVCS & INVESTMENT MGMT 682,853
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
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
43,828,893
b
Average of monthly cash balances.......................
1b
1,422,056
c
Fair market value of all other assets (see instructions)................
1c
4,077,622
d
Total (add lines 1a, b, and c).........................
1d
49,328,571
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
49,328,571
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
739,929
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
48,588,642
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,429,432
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
2,429,432
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
103,654
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
103,654
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,325,778
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,325,778
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
2,325,778
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
2,186,971
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
2,186,971
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 2,325,778
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...... 232,573
e From 2023...... 460,841
f Total of lines 3a through e ........ 693,414
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,186,971
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..... 2,186,971
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 138,807 138,807
(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 5 554,607
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 ...... 		554,607
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 93,766
d Excess from 2023.... 460,841
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 e-mail address of the person to whom applications should be addressed:
WHITTIER TRUST PHILANTHROPIC SERVIC
177 E COLORADO BLVD SUITE 800
PASADENA,CA91105
(626) 441-5188
bThe form in which applications should be submitted and information and materials they should include:
FOR SUBMISSION GUIDELINES AND FORMAT, PLEASE CONTACT WHITTIER TRUST PHILANTHROPIC SERVICES.
cAny submission deadlines:
FOR SUBMISSION GUIDELINES AND FORMAT, PLEASE CONTACT WHITTIER TRUST PHILANTHROPIC SERVICES.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRANTS ARE MADE IN SUPPORT OF EDUCATION, SOCIAL SERVICES AND ARTS IN THE LOS ANGELES COUNTY AREA.
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

A NOISE WITHIN

3352 E FOOTHILL BLVD
PASADENA,CA91107 		NONE PC EDUCATION PROGRAM 30,000

A PLACE CALLED HOME

2830 SOUTH CENTRAL AVENUE
LOS ANGELES,CA90011 		NONE PC ARTS & CREATIVE EXPRESSIONS PROGRAM 25,000

ARMORY CENTER FOR THE ARTS

145 NORTH RAYMOND AVENUE
PASADENA,CA91103 		NONE PC 2-YR GENERAL OPERATING SUPPORT $60K & $50K CAPITAL CAMPAIGN - UNCONDITIONAL 30,000

ARROYOS AND FOOTHILLS CONSERVANCY

PO BOX 1
PASADENA,CA91102 		NONE PC CONSERVATION THROUGH EDUCATION PROGRAM 25,000

BOYS AND GIRLS CLUB OF PASADENA

3230 EAST DEL MAR BLVD
PASADENA,CA91107 		NONE PC ENRICHMENT AND EDUCATION PROGRAMS 25,000

BOYS AND GIRLS CLUB OF WEST SAN GABRIEL VALLEY

328 S RAMONA AVE
MONTEREY PARK,CA91754 		NONE PC EDUCATION FOR LIFE PROGRAM 25,000

CANCER SUPPORT COMMUNITY GREATER SAN GABRIEL VALLEY

331 W SIERRA MADRE BLVD
SIERRA MADRE,CA91024 		NONE PC CANCER SUPPORT GROUPS 25,000

CASA DE LAS AMIGAS DBA CASA TREATMENT CENTER

160 N EL MOLINO AVENUE
PASADENA,CA91101 		NONE PC GENERAL OPERATING SUPPORT 30,000

COLLEGE ACCESS PLAN

871 E WASHINGTON BLVD
PASADENA,CA91104 		NONE PC SUPPORT FOR PASADENA PROGRAMS 25,000

CONVALESCENT AID SOCIETY

3255 E FOOTHILL BLVD
PASADENA,CA91222 		NONE PC PASADENA PROGRAMS 25,000

DOOR OF HOPE

669 N LOS ROBLES AVE
PASADENA,CA91105 		NONE PC GENERAL OPERATING SUPPORT 30,000

FAMILIES FORWARD (FORMERLY MOTHERS' CLUB)

980 N FAIR OAKS AVE
PASADENA,CA91103 		NONE PC GENERAL OPERATING SUPPORT 30,000

FAMILY HOPE (DBA ELIZABETH HOUSE)

PO BOX 94077
PASADENA,CA91101 		  PC GENERAL OPERATING SUPPORT 30,000

FLINTRIDGE CENTER

236 WEST MOUNTAIN STREET SUITE 106
PASADENA,CA91103 		  PC YOUTH OF PROMISE PROGRAM 25,000

FOOTHILL UNITY CENTER

191 N OAK AVE
PASADENA,CA91107 		  PC PROGRAM SUPPORT 30,000

FRIENDS IN DEED - ECUMENICAL COUNCIL OF PASADENA AREA CONGREGATIONS

444 E WASHINGTON BLVD
PASADENA,CA91104 		  PC PROGRAM SUPPORT 25,000

FROSTIG CENTER

941 NORTH ALTADENA DRIVE
PASADENA,CA91107 		  PC PROGRAM SUPPORT 25,000

FUND FOR PARTNERSHIP FOR SUCCESS

1030 E CALIFORNIA BLVD
PASADENA,CA91106 		  PC 2024 EDUCATION PROGRAMS 25,000

GEORGETOWN UNIVERSITY

37TH AND O STREETS NW
WASHINGTON,DC20057 		  PC GEORGETOWN INSTITUTE FOR WOMEN, PEACE & SECURITY 10,000

GET LIT WORDS IGNITE

672 S LA FAYETTE PARK PLACE
LOS ANGELES,CA90057 		  PC IN-SCHOOL PROGRAM IN PASADENA & SGV 30,000

THE GOODEN CENTER

191 N EL MOLINO AVE
PASADENA,CA91101 		  PC HOCHMAN HOUSE IMPROVEMENTS 30,000

THE HUNTINGTON LIBRARY ART COLLECTIONS AND BOTANICAL GARDENS

1151 OXFORD ROAD
SAN MARINO,CA91108 		  PC K-12 EDUCATION PROGRAMS IN 2024 25,000

HUNTINGTON MEDICAL RESEARCH INSTITUTES (HMRI)

686 SOUTH FAIR OAKS AVENUE
PASADENA,CA91105 		  PC HMRI HIGH SCHOOL STEM SUMMER 2024 PROGRAM 25,000

INNER-CITY ARTS

720 KOHLER STREET
LOS ANGELES,CA90021 		  PC LEARNING THROUGH THE ARTS PROGRAM 2-YR GRANT - UNCONDITIONAL 30,000

JERICHO ROAD PASADENA

75 SOUTH GRAND AVENUE
PASADENA,CA91105 		  PC NONPROFIT CAPACITY BUILDING SERVICES 15,000

KIDSPACE CHILDREN'S MUSEUM

480 N ARROYO BLVD
PASADENA,CA91103 		  PC PROGRAMS FOR AND OUTREACH TO DISADVANTAGED CHILDREN & FAMILIES IN PASADENA 25,000

LOS ANGELES CHILDREN'S CHORUS

585 E COLORADO BLVD
PASADENA,CA91101 		  PC GENERAL OPERATING SUPPORT FOR 2024-25/2025-26 SEASON 30,000

LOS ANGELES MASTER CHORALE ASSOCIATION

135 NORTH GRAND AVENUE
LOS ANGELES,CA90012 		  PC 2024 & 2025 HIGH SCHOOL CHOIR FESTIVAL - 2-YR GRANT - UNCONDITIONAL 30,000

MOUNT WILSON INSTITUTE

75 S GRAND AVE
PASADENA,CA91105 		  PC HIGHEST NEED 30,000

MUSEIQUE

300 E GREEN STREET 3RD FLOOR
PASADENA,CA91101 		  PC EDUCATIONAL PROGRAMMING 25,000

NATIONAL AUDUBON SOCIETY INC

225 VARICK STREET 7TH FLOOR
NEW YORK,NY10014 		  PC GENERAL OPERATING SUPPORT - DIRECTOR P. SWAN 10,000

NEW VILLAGE GIRLS ACADEMY NEW VILLAGE CHARTER SCHOOL INC

147 N OCCIDENTAL BOULEVARD
LOS ANGELES,CA90026 		  PC GENERAL OPERATING SUPPORT 25,000

PARSON'S NOSE THEATER

95 N MARENGO AVE SUITE 110
PASADENA,CA91101 		  PC GEN OPERATION - 2024-25 25,000

PASADENA CITY COLLEGE FOUNDATION

1570 E COLORADO BLVD
PASADENA,CA91106 		  PC SUPPORT TWO ANN PEPPERS SCHOLARS TO STUDY-ABROAD 4,000

PASADENA CITY COLLEGE FOUNDATION

1570 E COLORADO BLVD
PASADENA,CA91106 		  PC ANN PEPPERS FOUNDATION SCHOLARSHIP PROGRAM FOR PUSD GRADUATES 150,000

PASADENA COMMUNITY FOUNDATION

301 E COLORADO BLVD SUITE 810
PASADENA,CA91101 		  PC CHARITABLE PURPOSES 10,000

PASADENA CONSERVATORY OF MUSIC (PCM)

100 NORTH HILL AVENUE
PASADENA,CA91106 		  PC 2024-2025 MUSIC EDUCATION & PERFORMANCE PROGRAMS, IN RECOGNITION OF ITS 40TH ANNIVERSARY 40,000

PASADENA EDUCATIONAL FOUNDATION

351 SOUTH HUDSON AVENUE
PASADENA,CA91101 		  PC $5,000 FOR CELEBRATING OUR SCHOOLS & $5,000 JOHN MUIR HS GIRLS SOFTBALL - DISCRETIONARY GRANT 10,000

PASADENA EDUCATIONAL FOUNDATION

351 SOUTH HUDSON AVENUE
PASADENA,CA91101 		  PC SUMMER LEARNING AND ENRICHMENT PROGRAMS 25,000

PASADENA PLAYHOUSE STATE THEATER OF CALIFORNIA INC

39 SOUTH EL MOLINO AVENUE
PASADENA,CA91101 		  PC GENERAL OPERATING SUPPORT FOR THE 2023-2024 SEASON - 2-YR GRANT - UNCONDITIONAL 30,000

PASADENA PLAYHOUSE STATE THEATER OF CALIFORNIA INC

39 SOUTH EL MOLINO AVENUE
PASADENA,CA91101 		  PC PASADENA USHERS PROGRAM 35,000

PASADENA SYMPHONY ASSOCIATION

150 S LOS ROBLES AVE SUITE 460
PASADENA,CA91101 		  PC GENERAL OPERATING SUPPORT 30,000

PLANNED PARENTHOOD PASADENA AND SAN GABRIEL VALLEY

2333 LAKE AVENUE
ALTADENA,CA91001 		  PC FLAGSHIP FOR FUTURE CAMPAIGN 50,000

PROFESSIONAL CHILD DEVELOPMENT ASSOCIATES

620 N LAKE AVENUE
PASADENA,CA91101 		  PC GENERAL OPERATING & LEADERSHIP TEAM SUPPORT 25,000

READING PARTNERS

638 3RD STREET
OAKLAND,CA94607 		  PC PROGRAM SUPPORT IN PASADENA 25,000

RED HEN PRESS

PO BOX 40820
PASADENA,CA91114 		  PC WRITING SUPPORT FOR UNDERSERVED STUDENTS IN PUSD 15,000

ROSE BOWL AQUATIC CENTER

360 N AROYO BLVD
PASADENA,CA91103 		  PC WATER SAFETY PROGRAM 25,000

SALASTINA

PO BOX 4164
GLENDALE,CA91222 		  PC GENERAL OPERATING SUPPORT 20,000

SOUTH PASADENA SAN MARINO YMCA

1605 GARFIELD AVE
SOUTH PASADENA,CA91030 		  PC YOUTH & GOVERNMENT PROGRAM 25,000

UNION STATION HOMELESS SERVICES

825 E ORANGE GROVE BLVD
PASADENA,CA91104 		  PC PROGRAM SUPPORT - PASADENA AREA 30,000

URBAN VOICES PROJECT

912 E 12TH ST STE B359
LOS ANGELES,CA900212234 		  PC GENERAL OPERATING SUPPORT - FINAL GRANT 15,000

USC PACIFIC ASIA MUSEUM

46 NORTH LOS ROBLES AVENUE
PASADENA,CA91101 		  PC K-12 SCHOOL PROGRAMS AND ARTS EDUCATION 2024-2025 PROGRAMS 25,000

VILLA ESPERANZA SERVICES

2116 EAST VILLA STREET
PASADENA,CA91107 		  PC GENERAL OPERATING SUPPORT 30,000

YOUNG & HEALTHY

136 WEST PEORIA STREET
PASADENA,CA91103 		  PC GENERAL OPERATING SUPPORT 25,000
Total .................................right arrow 3a 1,494,000
bApproved for future payment

A PLACE CALLED HOME
2830 SOUTH CENTRAL AVENUE
LOS ANGELES,CA90011 		  PC ARTS & CREATIVE EXPRESSIONS PROGRAM 25,000

CONVALESCENT AID SOCIETY
3255 E FOOTHILL BLVD
PASADENA,CA91222 		  PC CHALLENGE GRANT IN SUPPORT OF THE CAPITAL CAMPAIGN 50,000

GET LIT WORDS IGNITE
672 S LA FAYETTE PARK PLACE
LOS ANGELES,CA90057 		  PC IN-SCHOOL PROGRAM IN PASADENA & SGV 30,000

LOS ANGELES CHILDREN'S CHORUS
585 E COLORADO BLVD
PASADENA,CA91101 		  PC GENERAL OPERATING SUPPORT FOR 2024-25/2025-26 SEASON 30,000

MUSEIQUE
300 E GREEN STREET 3RD FLOOR
PASADENA,CA91101 		  PC EDUCATIONAL PROGRAMMING 25,000

PARSON'S NOSE THEATER
95 N MARENGO AVE SUITE 110
PASADENA,CA91101 		  PC GEN OPERATION - 2025-26 15,000

PASADENA SYMPHONY ASSOCIATION
150 S LOS ROBLES AVE SUITE 460
PASADENA,CA91101 		  PC GENERAL OPERATING SUPPORT 30,000

RED HEN PRESS
PO BOX 40820
PASADENA,CA91114 		  PC WRITING SUPPORT FOR UNDERSERVED STUDENTS IN PUSD 15,000

SALASTINA
PO BOX 4164
GLENDALE,CA91222 		  PC GENERAL OPERATING SUPPORT 20,000
Total ................................. right arrow 3b 240,000
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 ........... 		    14 476,543  
4 Dividends and interest from securities ....     14 421,217  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 6,677,056  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 7,574,816 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
7,574,816
(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:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING & TAX PREPARATION FEES 20,661 3,215 0 15,496

TY 2024 InvestmentsCorpBondsSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Name of Bond End of Year Book Value End of Year Fair Market Value
200000 UNITS AIR LEASE CORP NOTE 3.250% 3/01/25 199,428 199,428
200000 UNITS FHLMC 7 7/1/54 197,244 197,244
200000 UNITS FNMA PL 6 5/1/53 170,986 170,986
200000 UNITS GNMA PL 6.5 7/20/54 203,530 203,530
200000 UNITS SYNCHRONY FINANCIAL 165,940 165,940
200000 UNITS FLORIDA PWR & LT CO MTG 5.050% 4/01/28 201,944 201,944
200000 UNITS INTEL CORP NOTE 3.900% 3/25/30 187,452 187,452
200000 UNITS MORGAN STANLEY MTNF 4.350% 9/08/26 198,434 198,434
200000 UNITS PRUDENTIAL FINL INC NOTE 6.500% 3/15/54 205,708 205,708
100000 UNITS CITIGROUP INC 4% DUE 03/10/2049 97,309 97,309
75000 UNITS CITIGROUP INC 6.750% 12/31/99 74,490 74,490
125000 UNITS GOLDMAN SACHS GROUP INC PRFD 6.125%12/31/99 123,594 123,594
200000 UNITS ALBEMARLE CORP NOTE 5.050% 6/01/32 190,362 190,362
200000 UNITS ARROW ELECTRS INC NOTE 5.875% 4/10/34 201,140 201,140
200000 UNITS LPL HLDGS INC NOTE 6.000% 5/20/34 203,682 203,682
200000 UNITS WHIRLPOOL CORP NOTE 5.750% 3/01/34 196,384 196,384
200000 UNITS DARDEN RESTAURANTS INC NOTE 6.300%10/10/33 209,918 209,918
200000 UNITS DENTSPLY SIRONA INC NOTE 3.250% 6/01/30 176,732 176,732
200000 UNITS LEIDOS INC NOTE 7.125% 7/01/32 218,524 218,524
100000 UNITS WELLS FARGO & CO PRFD 3.900%12/31/99 97,120 97,120
200000 UNITS WEYERHAEUSER CO DEB 7.375% 3/15/32 222,348 222,348
200000 UNITS AMERICAN EXPRESS CO FRNT 11/04/26 200,108 200,108
200000 UNITS GOLDMAN SACHS GROUP INC NOTE 4.482% 8/23/28 197,676 197,676
200000 UNITS NORTHERN TR CORP NOTE 3.375% 5/08/32 191,918 191,918
200000 UNITS PACIFICORP MTG 6.100% 8/01/36 207,856 207,856

TY 2024 InvestmentsCorpStockSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Name of Stock End of Year Book Value End of Year Fair Market Value
4958 UNITS VANGUARD EMERGING MARKET EQUITY ETF 218,352 218,352
1207 UNITS IQVIA HLDGS INC COM 237,188 237,188
3987 UNITS J P MORGAN CHASE & CO COM 955,724 955,724
1247 UNITS KKR & CO INC COM 184,444 184,444
705 UNITS LILLY ELI & CO COM 544,260 544,260
1153 UNITS MARSH & MCLENNAN COS INC COM 244,909 244,909
3553 UNITS MERCK & CO INC COM 353,452 353,452
5736 UNITS MICROSOFT CORP COM 2,417,724 2,417,724
773 UNITS NORFOLK SOUTHERN CORP COM 181,423 181,423
26550 UNITS NVIDIA CORP COM 3,565,400 3,565,400
81 UNITS O REILLY AUTOMOTIVE INC NEW COM 96,050 96,050
2020 UNITS PNC FINL SVCS GROUP INC COM 389,558 389,558
2536 UNITS PHILIP MORRIS INTL INC COM 305,209 305,209
1315 UNITS PROCTER & GAMBLE CO COM 220,460 220,460
366 UNITS PROGRESSIVE CORP OHIO COM 87,697 87,697
3553 UNITS RAYTHEON TECHNOLOGIES CORP COM 411,153 411,153
515 UNITS S&P GLOBAL INC. 256,485 256,485
637 UNITS SALESFORCE COM INC COM 212,968 212,968
692 UNITS SERVICENOW INC COM 733,603 733,603
5532 UNITS TJX COS INC NEW COM 668,321 668,321
237 UNITS TESLA MTRS INC COM 95,710 95,710
719 UNITS THERMO FISHER SCIENTIFIC INC COM 374,045 374,045
1627 UNITS VALERO ENERGY CORP NEW COM 199,454 199,454
2929 UNITS VISA INC COM CL A 925,681 925,681
1722 UNITS EATON CORP PLC SHS 571,480 571,480
786 UNITS CHENIERE ENERGY INC COM NEW 168,888 168,888
12204 UNITS CHIPOTLE MEXICAN GRILL INC COM 735,901 735,901
719 UNITS MOTOROLA SOLUTIONS INC COM NEW 332,343 332,343
854 UNITS UNITED RENTALS INC COM 601,592 601,592
2156 UNITS BOSTON PROPERTIES INC COM 160,320 160,320
1031 UNITS SUN COMMUNITIES INC 126,782 126,782
1031 UNITS SPDR SERIES TRUST S&P BIOTECH 92,852 92,852
1342 UNITS LINDE PLC SHS 561,855 561,855
2346 UNITS ABBOTT LABS COM 265,356 265,356
11119 UNITS ALPHABET INC CL C 2,117,502 2,117,502
8570 UNITS AMAZON COM INC COM 1,880,172 1,880,172
1437 UNITS AMPHENOL CORP NEW CL A 99,800 99,800
909 UNITS ELEVANCE HEALTH INC 335,330 335,330
10197 UNITS APPLE COMPUTER INC COM 2,553,533 2,553,533
1505 UNITS BERKSHIRE HATHAWAY INC DEL CL B NEW 682,186 682,186
3376 UNITS BLACKSTONE INC COM 582,090 582,090
5153 UNITS BROADCOM INC 1,194,672 1,194,672
1681 UNITS CHEVRON CORP COM 243,476 243,476
1681 UNITS CONSTELLATION ENERGY CORP COM 376,057 376,057
298 UNITS COSTCO WHSL CORP NEW COM 273,048 273,048
1356 UNITS DANAHER CORP DEL COM 311,270 311,270
2373 UNITS DISNEY WALT CO COM DISNEY 264,234 264,234
1505 UNITS EOG RES INC COM 184,483 184,483
2142 UNITS META PLATFORMS INC CL A 1,254,162 1,254,162
4136 UNITS FORTIVE CORP COM 310,200 310,200
258 UNITS GOLDMAN SACHS GROUP INC COM 147,736 147,736
1627 UNITS HONEYWELL INTL INC COM 367,523 367,523
285 UNITS INTUIT COM 179,123 179,123
732 UNITS INTUITIVE SURGICAL INC 382,075 382,075
503 UNITS DATADOG INC CL A COM 71,874 71,874
629 UNITS DOLLAR GEN CORP NEW COM 47,691 47,691
769 UNITS GE HEALTHCARE TECHNOLOGIES I COMMON STOCK 60,120 60,120
804 UNITS VERTIV HOLDINGS CO COM CL A 91,342 91,342
1310 UNITS AVANTOR INC COM 27,602 27,602
587 UNITS BOOT BARN HLDGS INC COM 89,118 89,118
946 UNITS BROWN & BROWN INC COM 96,511 96,511
2903 UNITS COPART INC COM 166,603 166,603
392 UNITS CULLEN FROST BANKERS INC 52,626 52,626
104 UNITS DOMINOS PIZZA INC COM 43,655 43,655
1823 UNITS EQT CORP COM 84,059 84,059
1447 UNITS EAST WEST BANCORP INC COM 138,565 138,565
121 UNITS FACTSET RESH SYS INC COM 58,114 58,114
1049 UNITS GRACO INC COM 88,420 88,420
1191 UNITS HF SINCLAIR CORP COM 41,745 41,745
350 UNITS HYATT HOTELS CORP COM CL A 54,943 54,943
150 UNITS LPL FINL HLDGS INC COM 48,977 48,977
158 UNITS LULULEMON ATHLETICA INC COM 60,421 60,421
543 UNITS OLD DOMINION FGHT LINES INC COM 95,785 95,785
273 UNITS RPM INTERNATIONAL INC (DELA) 33,595 33,595
192 UNITS TALEN ENERGY CORP COM 38,682 38,682
260 UNITS WEST PHARMACEUTICAL SVSC INC COM 85,166 85,166
153 UNITS RENAISSANCERE HLDGS LTD COM 38,068 38,068
2249 UNITS ARIS WATER SOLUTIONS INC CLASS A COM 53,864 53,864
120 UNITS AXON ENTERPRISE INC COM 71,318 71,318
833 UNITS BANCORP INC DEL COM 43,841 43,841
626 UNITS BUILDERS FIRSTSOURCE INC COM 89,474 89,474
174 UNITS CASEYS GEN STORES INC COM 68,944 68,944
313 UNITS CURTISS WRIGHT CORP COM 111,074 111,074
441 UNITS EAGLE MATERIALS INC COM 108,821 108,821
79 UNITS FAIR ISAAC & CO INC 157,283 157,283
2159 UNITS GRAPHIC PACKAGING HLDG CO COM 58,638 58,638
364 UNITS GUIDEWIRE SOFTWARE INC COM 61,363 61,363
407 UNITS HOULIHAN LOKEY INC CL A 70,680 70,680
243 UNITS MONOLITHIC PWR SYS INC COM 143,783 143,783
670 UNITS OLLIES BARGAIN OUTLT HLDGS I COM 73,519 73,519
519 UNITS OTTER TAIL CORP COM 38,323 38,323
631 UNITS PLANET FITNESS INC CL A 62,387 62,387
824 UNITS PURE STORAGE INC CL A 50,618 50,618
560 UNITS RLI CORP COM 92,305 92,305
1280 UNITS RADNET INC COM 89,395 89,395
339 UNITS RBC BEARINGS INC COM 101,408 101,408
152 UNITS SPS COMM INC COM 27,966 27,966
498 UNITS SIMPSON MANUFACTURING CO INC 82,583 82,583
178 UNITS TELEDYNE TECHNOLOGIES INC COM 82,615 82,615
233 UNITS TOPBUILD CORP COM 72,542 72,542
1549 UNITS VERTEX INC CL A 82,639 82,639
274 UNITS WD-40 CO COM 66,494 66,494
913 UNITS WEBSTER FINL CORP CONN COM 50,416 50,416
127 UNITS WINGSTOP INC COM 36,093 36,093
559 UNITS BOSTON PROPERTIES INC COM 41,567 41,567
419 UNITS SIMON PPTY GROUP INC NEW COM 72,156 72,156
184 UNITS SUN COMMUNITIES INC 22,626 22,626
1683 UNITS RUSSELL 2000 VALUE 276,298 276,298
1285 UNITS SPDR SERIES TRUST 115,727 115,727
3000 UNITS ISHARES TR 0-5 YR TIPS ETF 301,800 301,800

TY 2024 InvestmentsGovtObligationsSch
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
US Government Securities - End of Year Book Value:

5,958,062
US Government Securities - End of Year Fair Market Value:

5,958,062
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:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
579740 UNITS BTAS VIII OFFSHORE ACCESS FUND L.P. FMV 579,740 579,740
169041 UNITS DFJ GROWTH V L.P. FMV 169,041 169,041
1003444 UNITS GLENDOWER CAPITAL SOF IV LP FMV 1,003,444 1,003,444
160662 UNITS INDUSTRY VENTURES SECONDARY X LP FMV 160,662 160,662
1961694 UNITS WTC MULTI STRATEGY OFFSHORE FMV 1,961,694 1,961,694

TY 2024 OtherAssetsSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INT. AND DIV. RECEIVABLE 148,661 203,041 203,041


TY 2024 OtherDecreasesSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Description Amount
DEFERRED FEDERAL EXCISE TAXES 32,601


TY 2024 OtherExpensesSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE EXPENSE 750 0 0 750
MISCELLANEOUS EXPENSE 427 0 0 427
DUES 7,730 0 0 7,730


TY 2024 OtherIncomeSchedule2
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ICAPITAL BTAS VII OFFSHORE   2,948  
WTC MULTI STRATEGY FUND OFFSHORE LLC   -5,743  
INDUSTRY VENTURES SECONDARY X, L.P.   -8,775  
DFJ GROWTH V, L.P.   -12,800  


TY 2024 OtherIncreasesSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Description Amount
UNREALIZED GAIN 2,776,989


TY 2024 OtherLiabilitiesSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAX 285,789 318,390
FEDERAL EXCISE TAX 0 23,530


TY 2024 OtherProfessionalFeesSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MGMT FEES 68,285 68,285 0 0
PHILANTHROPIC SVCS FEES 614,568 0 0 614,568


TY 2024 TaxesSchedule
Name:
ANN PEPPERS FOUNDATION
EIN:
95-2114455
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 5,313 5,313 0 0
FILING FEES 200 0 0 0
FEDERAL EXCISE TAX 102,520 0 0 0