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
CARE SUPPORT FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1575 50TH STREET 201
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BROOKLYN, NY11219
A Employer identification number

20-0616112
B Telephone number (see instructions)

(718) 837-7700
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$20,177,773J 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 145,541 145,514  
4 Dividends and interest from securities... 347,027 347,027  
5a Gross rents............ 23,496    
b Net rental income or (loss) 23,496
6a Net gain or (loss) from sale of assets not on line 10 195,043
b Gross sales price for all assets on line 6a 22,824,830
7 Capital gain net income (from Part IV, line 2)... 195,043
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).......      
12 Total. Add lines 1 through 11........ 711,107 687,584  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
706 353   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
16,000 8,000   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,538 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
145 145  
20 Occupancy.............. 31,969 25,575   0
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
174,629 148,203   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 226,987 182,276   0
25 Contributions, gifts, grants paid....... 2,095,350 2,095,350
26 Total expenses and disbursements. Add lines 24 and 25 2,322,337 182,276   2,095,350
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,611,230
b Net investment income (if negative, enter -0-) 505,308
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 48,980 62,307 62,307
2 Savings and temporary cash investments......... 2,733,350 4,676 4,676
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 arrow1,051,250
Less: allowance for doubtful accounts right arrow0 563,750 1,051,250 1,051,250
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 8,631,494 Click to see attachment
List of Attached Documents:
// Content
14,978 		14,978
b Investments—corporate stock (attach schedule)....... 1,969,001 Click to see attachment
List of Attached Documents:
// Content
2,221,613 		2,221,613
c Investments—corporate bonds (attach schedule)....... 967,456 Click to see attachment
List of Attached Documents:
// Content
701,563 		701,563
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans............. 5,019,804 14,485,623 14,485,623
13 Investments—other (attach schedule).......... 1,054,917 Click to see attachment
List of Attached Documents:
// Content
1,135,763 		1,135,763
14 Land, buildings, and equipment: basis right arrow3,988
Less: accumulated depreciation (attach schedule) right arrow3,190 943 Click to see attachment
List of Attached Documents:
// Content
798 		500,000
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,989,695 19,678,571 20,177,773
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........... 20,989,695 19,678,571
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)..... 20,989,695 19,678,571
30 Total liabilities and net assets/fund balances (see instructions). 20,989,695 19,678,571
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
20,989,695
2
Enter amount from Part I, line 27a .....................
2
-1,611,230
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
300,106
4
Add lines 1, 2, and 3 ..........................
4
19,678,571
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
19,678,571
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 PUBLICLY TRADED SECURITIES      
b
c
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 22,824,830   22,629,787 195,043
b
c
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       195,043
b
c
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 2 195,043
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 7,024
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 7,024
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 7,024
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 1,600
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 1,600
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 5,424
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 arrowNY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowMANUEL SCHARF Telephone no.right arrow (718) 837-7700

Located atright arrow1575 50TH STREET SUITE 201BROOKLYNNY ZIP+4right arrow11219
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
MANUEL SCHARF PRESIDENT
1.00 		0 0 0
1575 50TH STR
BROOKLYN,NY11219
CHAVA SCHARF VICE PRESIDENT
1.00 		0 0 0
1575 50TH STR
BROOKLYN,NY11219
CHANNA LIPSHUTZ TREASURER
1.00 		0 0 0
1575 50TH STR
BROOKLYN,NY11219
YISROEL SCHARF SECRETARY
1.00 		0 0 0
1575 50TH STR
BROOKLYN,NY11219
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
NONE
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
6,564,993
b
Average of monthly cash balances.......................
1b
866,553
c
Fair market value of all other assets (see instructions)................
1c
16,922,924
d
Total (add lines 1a, b, and c).........................
1d
24,354,470
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
24,354,470
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
365,317
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
23,989,153
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,199,458
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
1,199,458
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
7,024
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
915
c
Add lines 2a and 2b............................
2c
7,939
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,191,519
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,191,519
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
1,191,519
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
2,095,350
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
2,095,350
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 1,191,519
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 400,549
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$ 2,095,350
a Applied to 2023, but not more than line 2a 400,549
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..... 1,191,519
e Remaining amount distributed out of corpus 503,282
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 5 503,282
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 ...... 		503,282
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.... 503,282
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

CONG AHAVAS TZEDAKA VECHESED

1347 42ND STREET
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 265,000

CONG SHAAREI CHESED

92 SADDLE RIVER RD
MONSEY,NY10952 		  PC TO FURTHER JEWISH CAUSES 84,400

BAIS TZIPRA OF MANHATTAN

210 W 91ST STREET
NEW YORK,NY10024 		  PC TO FURTHER JEWISH CAUSES 25,000

BINYAN YERUSHLAIM

1274 49TH ST SUITE 248
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 15,000

CONGREGATION CHESED NETZACH

1527 45TH ST
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 10,000

CONG EITZ CHAIM

1532 47TH STREET
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 108,000

CONG CHESED INC

1230 42TH STREET 2ND FLOOR
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 1,500

CONG KNESSET MEIR

532 SEAGIRT BLVD
FAR ROCKAWAY,NY11691 		  PC TO FURTHER JEWISH CAUSES 3,000

CONGREGATION MACHNA SHALVA

1462 62ND STREET
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 200,000

MISHNAH SHELI

1274 49TH STREET 360
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 90,000

CONG MOSDOS TOLDOS AHARON

777 KENT AVE STE 239
BROOKLYN,NY11205 		  PC TO FURTHER JEWISH CAUSES 13,600

CONG SHAREI SIMCHA

4901 15TH AVENUE
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 25,000

CONG & GMACH ZICHRON SHLOMO INC

5014 16TH AVE SUITE 132
BROOKLYN,NY11204 		  PC TO FURTHER JEWISH CAUSES 36,000

CONG BEIS MEIR

1327 38TH STREET
BROOKLYN,NY11218 		  PC TO FURTHER JEWISH CAUSES 3,600

CONG OHEL TORAH

25 ROSS STREET
BROOKLYN,NY11249 		  PC TO FURTHER JEWISH CAUSES 2,150

CONGREGATION KEREN SHIVIM

5218 16TH AVE
BROOKLYN,NY11204 		  PC TO FURTHER JEWISH CAUSES 800,000

CONGREGATION RACHMISTRIVKA

1925 53RD STREET
BROOKLYN,NY11204 		  PC TO FURTHER JEWISH CAUSES 16,000

KEDUSHAT ZION INC

1501 48TH STREET
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 16,000

KEREN OHR CHAIM

1461 43RD STREET
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 2,880

KEREN TEFERES YESHIA

1164 46TH STREET
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 6,000

KOLLEL AVREICHIM D'CHASIDEI BOBOV-45

PO BOX 676
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 50,720

LAG BAOMER NJ

104 DEANS RHODE HALL RD
MONMOUTH JUNCTION,NJ08852 		  PC TO FURTHER JEWISH CAUSES 10,000

LEVUSHEI YEHUDA INC

5 ORCHARD CT
LAKEWOOD,NJ08701 		  PC TO FURTHER JEWISH CAUSES 25,000

MESORAH HERITAGE FOUNDATION

313 REGINA AVE
RAHWAY,NJ07065 		  PC TO FURTHER JEWISH CAUSES 20,000

MIFAL EZRA ZICHRON YEHUDA

54 SKILLMAN STREET
BROOKLYN,NY11205 		  PC TO FURTHER JEWISH CAUSES 10,000

PA'AMONIM

4812 13TH AVE 6
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 55,000

REFUAH RESOURCES

5904 13TH AVE
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 50,000

TOMCHE SHABBOS BORO PARK & FLADBUSH

1404 48TH STREET
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 1,500

TZIDKAS ERETZ HAKODESH

1274 49TH ST SUITE 270
BROOKLYN,NY11219 		  PC TO FURTHER JEWISH CAUSES 150,000
Total .................................right arrow 3a 2,095,350
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 ........... 		900001 27 14 145,514  
4 Dividends and interest from securities ....     14 347,027  
5 Net rental income or (loss) from real estate:
aDebt-financed property...... 900099 23,496      
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 ............ 		900001 -14,940 18 209,983  
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) .. 8,583 702,524 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
711,107
(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:
CARE SUPPORT FOUNDATION INC
EIN:
20-0616112
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 16,000 8,000   0

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

TY 2024 DepreciationSchedule
Name:
CARE SUPPORT FOUNDATION INC
EIN:
20-0616112
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
COOP APTS, 890 WEST END AVE 2000-05-01 3,988 3,045 SL 27.500000000000 145 145    

TY 2024 InvestmentsCorpBondsSchedule
Name:
CARE SUPPORT FOUNDATION INC
EIN:
20-0616112
Name of Bond End of Year Book Value End of Year Fair Market Value
ALLY FINANCIAL INC 8,040 8,040
AMEREN CORP 6,390 6,390
ARES CAPITAL CORP 11,399 11,399
AT&T INC 5.35% (TBB) 97,640 97,640
BP CAPITAL MARKETS PLC FXD TO 062030 VAR THRAFTR 10,536 10,536
BROADCOM INC 10,522 10,522
CENTENE CORP 10,672 10,672
CHARLES SCHWAB CORP/THE FXD TO 062025 VAR THRAFTR 13,913 13,913
CITIGROUP INC FXD TO 052028 VAR THRAFTR 7.375% 17,569 17,569
CITIGROUP INC FXD TO 122025 VAR THRAFTR 4.0000% 13,623 13,623
COMCAST CORP 9,754 9,754
DIVERSIFIED HEALTHCARE TR 5.625% SER NT 42 (DHCNI) 46,770 46,770
DOMINION ENERGY INC FXD TO 062034 VAR THRAFTR 7% 17,952 17,952
DTE ENERGY CO 13,364 13,364
FLEX LTD 7,837 7,837
FORD MOTOR CO 13,950 13,950
FREEPORT-MCMORAN INC 13,576 13,576
GENERAL MOTORS FIN CO FXD TO 092027 VAR THRAFTR 17,253 17,253
GOLDMAN SACHS GROUP INC/THE FXD TO 052029 VAR 16,723 16,723
JPMORGAN CHASE & CO 14,198 14,198
KEURIG DR PEPPER INC 10,030 10,030
LOWE'S COS INC 9,816 9,816
METLIFE INC 141,058 141,058
MOLSON COORS BEVERAGE CO 19,734 19,734
PIMCO DYNAMIC INCOME FD SHS (PDI) 75,056 75,056
PNC FINANCIAL SERVICES GROUP F XD TO 032030 VAR 14,139 14,139
PRINCIPAL SHORT TERM INC I (PSHIX) 5,304 5,304
TRUIST FINANCIAL CORP FXD TO 092030 VAR THRAFTR 10,632 10,632
VERIZON COMMUNICATIONS INC 13,737 13,737
VICTORY SHORT TERM BD INST (UISBX) 12,337 12,337
WELLS FARGO & CO FXD TO 092028 VAR THRAFTR 7.625% 18,039 18,039

TY 2024 InvestmentsCorpStockSchedule
Name:
CARE SUPPORT FOUNDATION INC
EIN:
20-0616112
Name of Stock End of Year Book Value End of Year Fair Market Value
ADOBE INC (ADBE) 7,560 7,560
ALPHABET INC CL A (GOOGL) 40,132 40,132
AMAZON COM INC (AMZN) 38,613 38,613
ANTERO MIDSTREAM CORP (AM) 8,586 8,586
APPLE INC (AAPL) 49,082 49,082
ARES MANAGEMENT CORP CL A (ARES) 7,435 7,435
AT&T INC (T) 79,695 79,695
BCE INC (BCE) 57,950 57,950
BLACKSTONE INC (BX) 1,028,151 1,028,151
BROADCOM INC (AVGO) 20,634 20,634
CATERPILLAR INC (CAT) 5,804 5,804
CHENIERE ENERGY INC NEW (LNG) 11,809 11,809
CHEWY INC CL A (CHWY) 9,645 9,645
COCA COLA CO (KO) 6,226 6,226
DOORDASH INC CL A (DASH) 4,865 4,865
DUKE ENERGY CORPORATION (DUK) 5,279 5,279
ELI LILLY & CO (LLY) 9,264 9,264
ENLINK MIDSTREAM LLC (ENLC) 19,194 19,194
FIRST SOLAR INC COM (FSLR) 8,812 8,812
GENERAL MTRS CO (GM) 197,098 197,098
GENL DYNAMICS CORP (GD) 5,270 5,270
HESS MIDSTREAM LP (HESM) 19,626 19,626
HOME DEPOT INC (HD) 5,835 5,835
ILLUMINA INC (ILMN) 8,953 8,953
JPMORGAN CHASE & CO (JPM) 5,993 5,993
L3HARRIS TECHNOLOGIES INC (LHX) 8,832 8,832
LENNAR CORPORATION (LEN) 5,864 5,864
MASTERCARD INC CL A (MA) 13,167 13,167
MC DONALDS CORP (MCD) 5,798 5,798
META PLATFORMS INC CL A (META) 24,006 24,006
METLIFE INCORPORATED (MET) 6,059 6,059
MICROSOFT CORP (MSFT) 47,630 47,630
MORGAN STANLEY 6.875%-F (MS.F) 96,982 96,982
NETFLIX INC (NFLX) 10,696 10,696
NVIDIA CORPORATION (NVDA) 36,258 36,258
ONEOK INC (OKE) 14,186 14,186
OWENS CORNING INC (OC) 5,791 5,791
PALO ALTO NETWORKS INC (PANW) 12,373 12,373
PARKER HANNIFIN CORP (PH) 6,360 6,360
PERFORMANCE FOOD GROUP CO (PFGC) 8,540 8,540
REPUBLIC SERVICES INC (RSG) 6,035 6,035
ROYAL GOLD INC (RGLD) 5,801 5,801
S&P GLOBAL INC COM (SPGI) 8,965 8,965
SERVICENOW INC (NOW) 9,541 9,541
SHOPIFY INC (SHOP) 11,803 11,803
SPOTIFY TECHNOLOGY SA (SPOT) 9,842 9,842
TARGA RESOURCES CORP (TRGP) 12,239 12,239
TJX COS INC NEW (TJX) 5,799 5,799
T-MOBILE US INC COM (TMUS) 10,595 10,595
TRANSDIGM GROUP INC (TDG) 7,604 7,604
U S BANCORP COM NEW (USB) 2,774 2,774
UBER TECHNOLOGIES INC (UBER) 8,324 8,324
UNITEDHEALTH GP INC (UNH) 25,293 25,293
VERIZON COMMUNICATIONS (VZ) 70,602 70,602
VISA INC CL A (V) 10,113 10,113
VISTRA CORP (VST) 5,791 5,791
VODAFONE GROUP PLC (VOD) 25,933 25,933
WARNER BROS DISCOVERY INC SER (WBD) 8,948 8,948
WILLIAMS CO INC (WMB) 7,171 7,171
WORKDAY INC CL A (WDAY) 4,387 4,387

TY 2024 InvestmentsGovtObligationsSch
Name:
CARE SUPPORT FOUNDATION INC
EIN:
20-0616112
US Government Securities - End of Year Book Value:

14,978
US Government Securities - End of Year Fair Market Value:

14,978
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:
CARE SUPPORT FOUNDATION INC
EIN:
20-0616112
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
PARTNERSHIP INTEREST AT COST 746,392 746,392
PRECIOUS METAL AT COST 139,659 139,659
CHENIERE ENERGY PARTNERS LP (CQP) FMV 3,825 3,825
ENERGY TRANSFER LP COM UT LTD (ET) FMV 51,247 51,247
ENTERPRISE PROD PRTNRS L.P. (EPD) FMV 41,928 41,928
MPLX LP COM UNIT REP LTD (MPLX) FMV 50,971 50,971
PLAINS ALL AMERN PIPELINE L P (PAA) FMV 31,709 31,709
PLAINS GP HLDG L P PARTN INT A (PAGP) FMV 9,227 9,227
SUNOCO LP COM U REP LP (SUN) FMV 22,068 22,068
WESTERN MIDSTREAM PARTNERS L P (WES) FMV 38,737 38,737

TY 2024 LandEtcSchedule2
Name:
CARE SUPPORT FOUNDATION INC
EIN:
20-0616112
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
COOP APTS, 890 WEST END AVE 3,988 3,190 798  


TY 2024 LegalFeesSchedule
Name:
CARE SUPPORT FOUNDATION INC
EIN:
20-0616112
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 706 353   0


TY 2024 OtherExpensesSchedule
Name:
CARE SUPPORT FOUNDATION INC
EIN:
20-0616112
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADMINISTRATIVE EXPENSE 132,000 105,600   0
LOSS FROM PASSTHROUGH 30,884 30,884   0
INVESTMENT FEES 11,719 11,719   0
OFFICE EXPENSE 26 0   0


TY 2024 OtherIncreasesSchedule
Name:
CARE SUPPORT FOUNDATION INC
EIN:
20-0616112
Description Amount
UNREALIZED GAIN 300,106


TY 2024 TaxesSchedule
Name:
CARE SUPPORT FOUNDATION INC
EIN:
20-0616112
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAX 3,538 0   0