Fredman Family Foundation Inc — Form 990PF, tax year 2024

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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
FREDMAN FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)55 DUNE ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WATER MILL, NY11976
A Employer identification number

27-1430745
B Telephone number (see instructions)

(914) 381-8900
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$51,978,936J Accounting method:
MODIFIED CASH
(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 187,199 187,199  
4 Dividends and interest from securities... 870,179 968,662  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,357
b Gross sales price for all assets on line 6a 2,254,472
7 Capital gain net income (from Part IV, line 2)... 2,254,472
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,712,070 264,508  
12 Total. Add lines 1 through 11........ 3,776,805 3,674,841  
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
195 0   195
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
48,402 0   48,402
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
47,147 47,147   0
17 Interest...............   8,102    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
54,136 41,003   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......   94,369    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 149,880 190,621   48,597
25 Contributions, gifts, grants paid....... 2,286,500 2,286,500
26 Total expenses and disbursements. Add lines 24 and 25 2,436,380 190,621   2,335,097
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,340,425
b Net investment income (if negative, enter -0-) 3,484,220
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.............      
2 Savings and temporary cash investments......... 5,119,221 6,261,444 6,261,444
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 24,470,529 Click to see attachment
List of Attached Documents:
// Content
28,545,257 		28,545,257
c Investments—corporate bonds (attach schedule)....... 5,471,442 Click to see attachment
List of Attached Documents:
// Content
5,541,962 		5,541,962
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).......... 12,488,279 Click to see attachment
List of Attached Documents:
// Content
11,597,274 		11,597,274
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
894,508 		Click to see attachment
List of Attached Documents:
// Content
32,999 		Click to see attachment
List of Attached Documents:
// Content
32,999
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 48,443,979 51,978,936 51,978,936
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) Click to see attachment
List of Attached Documents:
// Content
19,497 		Click to see attachment
List of Attached Documents:
// Content
19,496
23 Total liabilities (add lines 17 through 22)......... 19,497 19,496
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 48,424,482 51,959,440
29 Total net assets or fund balances (see instructions)..... 48,424,482 51,959,440
30 Total liabilities and net assets/fund balances (see instructions). 48,443,979 51,978,936
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
48,424,482
2
Enter amount from Part I, line 27a .....................
2
1,340,425
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3,827,838
4
Add lines 1, 2, and 3 ..........................
4
53,592,745
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,633,305
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
51,959,440
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 VANGUARD      
b PER K-1S NET OF UBIT P    
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 7,357     7,357
b 2,247,115     2,247,115
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       7,357
b       2,247,115
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 2,254,472
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 48,431
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 48,431
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 48,431
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 26,063
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 36,063
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 42
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 12,410
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 arrowFL
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 arrowKERIN MCCARTHY FREDMAN Telephone no.right arrow (914) 381-8900

Located atright arrow55 DUNE ROADWATER MILLNY ZIP+4right arrow11976
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
 
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
KERIN MCCARTHY FREDMAN DIRECTOR
1.00 		0 0 0
55 DUNE ROAD
BRIDGEHAMPTON,NY11932
LAUREN HUOT DIRECTOR
1.00 		0 0 0
55 DUNE ROAD
BRIDGEHAMPTON,NY11932
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
34,391,056
b
Average of monthly cash balances.......................
1b
6,918,195
c
Fair market value of all other assets (see instructions)................
1c
9,851,955
d
Total (add lines 1a, b, and c).........................
1d
51,161,206
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
51,161,206
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
767,418
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
50,393,788
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,519,689
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
2,519,689
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
48,431
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
48,431
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,471,258
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,471,258
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
2,471,258
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
2,335,097
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
2,335,097
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 2,471,258
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 2,148,029
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$ 2,335,097
a Applied to 2023, but not more than line 2a 2,148,029
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..... 187,068
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		2,284,190
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ALICE'S KIDS

PO BOX 60
MOUNT VERNON,VA22121 		N/A PC DONATION TO ENHANCE THE SELF-ESTEEM OF CHILDREN IN NEED BY PROVIDING THEM WITH TARGETED INDIVIDUAL ASSISTANCE TO FACILITATE THEIR PARTICIPATION IN SCHOLASTIC, RECREATIONAL AND SOCIAL ACTIVITIES. 30,000

AMERICAN FRIENDS OF COMBATANTS FOR PEACE

48 WALL STREET SUITE 1100
NEW YORK,NY10005 		N/A PC TO SUPPORT THE MISSION OF COMBATANTS FOR PEACE, WHICH IS A GRASSROOTS MOVEMENT OF ISRAELIS AND PALENSTINIANS, WORKING TOGETHER TO END THE OCCUPATION AND BRING PEACE 15,000

BREAKTHROUGH COLLABORATIVE

PO BOX 71420
OAKLAND,CA94612 		N/A PC TO PROVIDE ACADEMIC, COLLEGE-ACCESS AND PEER-MONITORING PROGRAMS TO HELP UNDER-SOURCED STUDENTS SUCCEED IN COLLEGE. 250,000

BRENNAN CENTER FOR JUSTICE

EQUITABLE LIFE BUILDING 120
BROADWAY 1750
NEW YORK,NY10271 		N/A PC TO PROVIDE SUPPORT TO IMPROVE THE AMERICAN SYSTEMS OF DEMOCRACY AND JUSTICE 75,000

BRIDGEHAMPTOM CHILD CARE & RECREATION CENTER

551 SAG HARBOR
BRIDGEHAMPTOM,NY11932 		N/A PC TO ASSIST IN THE ORGANIZATION'S MISSION OF DELIVERING THE HIGHEST QUALITY CHILDCARE, YOUTH AND ADULT DEVELOPMENT SERVICES TO LOWER INCOME FAMILIES AND THE GROWING IMMIGRANT POPULATION IN BRIDGEHAMPTON 25,000

CODEART

6440 SW 98TH STREET
MIAMI,FL33156 		N/A PC DONATION TO ENCOURAGE GIRLS TO STUDY COMPUTER SCIENCE BY DELIGHTING AND INSPIRING THEM WITH THE CREATIVE POSSIBILITIES OF COMPUTER PROGRAMMING. 25,000

COLORADO OPEN LANDS

1546 COLE BOULEVARD SUITE 200
LAKEWOOD,CO80401 		N/A PC TO PRESERVE THE SIGNIFICANT OPEN LANDS AND NATURAL HERITAGE OF COLORADO THROUGH PRIVATE AND PUBLIC PARTNERSHIPS, INNOVATIVE LAND CONSERVATION TECHNIQUES AND STRATEGIC LEADERSHIP. 25,000

COLUMBIA UNIVERSITY

116TH AND BROADWAY
NEW YORK,NY10027 		N/A PC TO PROVIDE ACADEMIC SUPPORT 36,000

COUNCIL ON STRATEGIC RISKS

1025 CONNECTICUT AVENUE NORTHWEST
SUITE 1000
WASHINGTON,DC20036 		N/A PC TO PROVIDE SUPPORT IN ANTICIPATING, ANALYZING AND ADDRESSING CORE SYSTEMATIC RISKS TO SECURITY IN THE 21ST CENTURY 20,000

DIRECT RELIEF

6100 WALLACE BECKNELL ROAD
SANTA BARBARA,CA93117 		N/A PC TO ASSIST IN THE ORGANIZATION'S MISSION TO IMPROVE THE HEALTH AND LIVES OF PEOPLE AFFECTED BY POVERTY OR EMERGENCY SITUATIONS BY MOBILIZING AND PROVIDING ESSENTIAL MEDICAL RESOURCES NEEDED FOR THEIR CARE. 55,000

EARTHJUSTICE

50 CALIFORNIA STREET SUITE 500
SAN FRANCISCO,CA94111 		N/A PC TO HELP PRESERVE MAGNIFICENT PLACES AND WILDLIFE, TO ADVANCE CLEAN ENERGY, AND TO COMBAT CLIMATE CHANGE. 100,000

ELIZABETH STREET GARDEN

ELIZABETH STREET
NEW YORK,NY10012 		N/A PC TO SUPPORT PROTECTION AND PRESERVATION OF THE ELIZABETH STREET GARDEN 18,000

EVERYTOWN FOR GUN SAFETY SUPPORT FUND

PO BOX 4184
NEW YORK,NY10017 		N/A PC TO SUPPORT IMPROVEMENT OF UNDERSTANDING OF THE CAUSES OF GUN VIOLENCE AND HELP TO REDUCE IT 50,000

FISTULA FOUNDATION

1700 THE ALAMEDA SUITE 300
SAN JOSE,CA95126 		N/A PC OUR CARE NETWORKS IN THE DEMOCRATIC REPUBLIC OF CONGO, KENYA, AND ZAMBIA REPRESENT THE FUTURE OF FISTULA TREATMENT AND THE PATH FORWARD FOR ENDING FISTULA WITHIN A GENERATION. 36,000

GIVEWELL

1714 FRANKLIN STREET 100335
OAKLAND,CA94612 		N/A PC TO PROVIDE SUPPORT IN IMPROVING THE QUALITY OF LIFE 70,000

HUDSON RIVER MARITIME MUSEUM

50 RONDOUT LANDING
KINGSTON,NY12401 		N/A PC TO SUPPORT EDUCATION AND PRESERVATION 25,000

HUDSON VALLEY BLUEGRASS ASSOCIATION

168 ACADEMY STREET
POUGHKEEPSIE,NY12601 		N/A PC TO PROMOTE BLUEGRASS AND RELATED ACOUSTIC MUSIC IN THE HUDSON VALLEY 2,500

INTERNATIONAL RESCUE COMMITTEE

122 EAST 42ND STREET
NEW YORK,NY10168 		N/A PC TO ENABLE PEOPLE WHOSE LIVES AND LIVELIHOODS ARE SHATTERED BY CONFLICT AND DISASTER TO SURVIVE, RECOVER, AND GAIN CONTROL OF THEIR FUTURE. IRC TEAMS PROVIDE HEALTH CARE, INFRASTRUCTURE, LEARNING AND ECONOMIC SUPPORT TO PEOPLE IN 40 COUNTRIES, WITH SPECIAL PROGRAMS DESIGNED FOR WOMEN AND CHILDREN. DONATION PROVIDES ESSENTIAL SERVICES FOR RECENT REFUGEE ARRIVALS. 50,000

IOWA ABORTION ACCESS FUND

PO BOX 721
CEDAR RAPIDS,IA52406 		N/A PC TO ASSIST IOWA AND WESTERN ILLINOIS RESIDENTS FOR UNMET MEDICAL EXPENSES 8,000

JANE'S DUE PROCESS

PO BOX 685137
AUSTIN,TN78768 		N/A PC TO ASSIST IN PROVIDING INFORMATION AND ASSISTANCE FOR PREGNANT MINORS IN TEXAS 18,000

MALARIA CONSORTIUM US

PO BOX 6334
HERMITAGE,PA16148 		N/A PC TO SAVE LIVES AND IMPROVE HEALTH IN AFRICA AND ASIA, THROUGH EVIDENCE-BASED PROGRAMS THAT COMBAT TARGETED DISEASES AND PROMOTE UNIVERSAL HEALTH COVERAGE. 30,000

MI VECINOS

3175 S CONGRESS AVENUE
PALM SPRINGS,FL33461 		N/A PC TO HELP THE EMPOWERMENT AND IMPROVEMENT OF MINORITY COMMUNITIES IN FLORIDA 25,000

NORTHERN JAGUAR PROJECT

2114 WEST GRANT ROAD SUITE 121
TUCSON,AZ85745 		N/A PC TO PROVIDE SUPPORT FOR THE PRESERVATION AND RECOVERY OF THE WORLD'S NORTHERNMOST POPULATION OF THE JAGUAR AND ITS NATURAL HABITAT 20,000

OLD-GROWTH FOREST NETWORK

PO BOX 21
EASTON,MD21601 		N/A PC TO HELP ESTABLISH A NATIONAL NETWORK OF TREASURED FORESTS WHERE ALL GENERATIONS CAN EXPERIENCE NATIVE BIODIVERSITY AND THE BEAUTY OF NATURE. 40,000

OPEN SPACE INSTITUTE

1370 BROADWAY 5TH FLOOR
NEW YORK,NY10018 		N/A PC TO SUPPORT THE PROTECTION OF LAND IN THE EASTERN U.S. 50,000

PADDLERS FOR HUMANITY

PO BOX 2555
EAST HAMPTON,NY11937 		N/A PC PADDLERS FOR HUMANITY IS AN ALL-VOLUNTEER, 501(C)(3) NON-PROFIT ORGANIZATION BASED IN EAST HAMPTON, NY THAT RAISES MONEY AND AWARENESS FOR LOCAL AND GLOBAL ORGANIZATIONS DEDICATED TO BETTERING CHILDREN'S LIVES. THE FOUNDATION ALSO SUPPORTS LOCAL FAMILIES IN CRISIS AND AWARD SCHOLARSHIPS TO LOCAL STUDENTS. 100,000

PHYSICIANS FOR HUMAN RIGHTS

520 8TH AVENUE 23RD FLOOR
NEW YORK,NY10018 		N/A PC TO ASSIST IN THE ORGANIZATION'S MISSION WHICH WORKS AT THE INTERSECTION OF MEDICINE, SCIENCE, AND LAW TO SECURE JUSTICE AND UNIVERSAL HUMAN RIGHTS FOR ALL 30,000

PLANNED PARENTHOOD FEDERATION OF AMERICA

123 WILLIAM STREET 10TH FLOOR
NEW YORK,NY10038 		N/A PC TO SUPPORT LEADERSHIP IN ENSURING THE PROVISION OF COMPREHENSIVE REPRODUCTIVE AND COMPLEMENTARY HEALTH CARE SERVICES 100,000

RAINFOREST TRUST

6801 KENNEDY ROAD
WARRENTON,VA20187 		N/A PC TO PROVIDE SUPPORT TO THE RAINFOREST TRUST WHICH SAVES ENDANGERED WILDLIFE AND OUR PLANET BY CREATING PROTECTED RESERVES 15,000

RETREAT INC

13 GOODFRIEND DRIVE
EAST HAMPTON,NY11937 		N/A PC TO SUPPORT RETREAT INC WHICH PROVIDES SAFETY, SHELTER, AND SUPPORT FOR VICTIMS OF DOMESTIC ABUSE AND TO BREAK THE CYCLE OF FAMILY VIOLENCE 25,000

ROBIN HOOD FOUNDATION

826 BROADWAY 9TH FLOOR
NEW YORK,NY10003 		N/A PC DONATION TO SUPPORT THE MOST EFFECTIVE POVERTY FIGHTING PROGRAMS IN NYC 50,000

ROCKY MOUNTAIN WILD

1130 1536 WYNKOOP STREET 900
DENVER,CO80202 		N/A PC TO ASSIST THE PROTECTION, CONNECTION, AND RESTORATION OF WILDLIFE AND WILD LANDS IN THE SOUTHERN ROCKY MOUNTAIN REGION 20,000

SANDY HOOK PROMISE FOUNDATION

13 CHURCH HILL ROAD
NEWTOWN,CT06470 		N/A PC TO PROVIDE SUPPORT TO EDUCATING AND EMPOWERING YOUTH AND ADULTS TO PREVENT VIOLENCE IN SCHOOLS, HOMES, AND COMMUNITIES 50,000

SNOW LEOPARD TRUST

4649 SUNNYSIDE AVENUE NORTH SUITE
325
SEATTLE,WA98103 		N/A PC DONATION TO SUPPORT SNOW LEOPARD CONSERVATION. 25,000

THE DAVID SHELDRICK WILDLIFE TRUST USA

25283 CABOT ROAD SUITE 101
LAGUNA HILLS,CA92653 		N/A PC DONATION TO SUPPORT WILDLIFE CONSERVATION AROUND THE WORLD. 25,000

THE LIFE YOU CAN SAVE

975 WARD ROAD
SEQUIM,WA98382 		N/A PC TO MAKE SMART GIVING SIMPLE BY RECOMMENDING CHARITIES THAT SAVE OR IMPROVE THE MOST LIVES PER DOLLAR AND MAKING IT EASY FOR DONORS TO SUPPORT THOSE CHARITIES. 60,000

THE LITERACY PROJECT

15 BANK ROW SUITE C
GREENFIELD,MA01301 		N/A PC TO PROVIDE ADULT BASIC EDUCATION PROGRAMS AND OPPORTUNITIES THAT SUPPORT PARTICIPANTS TO ENGAGE MEANINGFULLY AND EQUITABLY IN THE ECONOMIC, SOCIAL, CULTURAL, AND CIVIC LIFE OF THEIR COMMUNITIES. 50,000

THE NATURE CONSERVATORY

4245 NORTH FAIRFAX DRIVE SUITE 100
ARLINGTON,VA22203 		N/A PC DONATION FOR THE PLANT A BILLION TREES CAMPAIGN IN ORDER TO FILTER CLEAN AIR, PROVIDE FRESH DRINKING WATER, HELP CURB CLIMATE CHANGE, SAVE THE EARTH FROM DEFORESTATION, AND CREATE HOMES FOR THOUSANDS OF SPECIES OF PLANTS AND ANIMALS. 100,000

THE NEW ISRAEL FUND

1320 19TH STREET SUITE 400
WASHINGTON,DC20036 		N/A PC TO PROVIDE EQUALITY AND DEMOCRACY FOR ALL ISRAELIS. 36,000

THE TROY ANDREWS FOUNDATION INC

650 POYDRAS STREET SUITE 2245
NEW ORLEANS,LA70130 		N/A PC TO SUPPORT THE FREDMAN MUSIC INSTITUTE WHICH PROVIDES MUSIC EDUCATION PROGRAMS TO CHILDREN TO FOSTER CONTINUAL LEARNING. 60,000

UNIVERSITY OF MIAMI SCHOOL OF LAW

1311 MILLER DRIVE SUITE G287
CORAL GABLES,FL33146 		N/A PC DONATION TO SUPPORT THE ENVIRONMENTAL JUSTICE CLINIC/LECTURER FUND AT UNIVERSITY OF MIAMI SCHOOL OF LAW. THE FOUNDATION PROVIDES RIGHTS EDUCATION, INTERDISCIPLINARY RESEARCH, POLICY RESOURCES, AND ADVOCACY ASSISTANCE TO UNDERSERVED LOW AND MODERATE INCOME COMMUNITIES. 125,000

UNIVERSITY OF MINNESOTA FOUNDATION

200 OAK STREET SUITE 500
MINNEAPOLIS,MN55455 		N/A PC TO SUPPORT THE UNIVERSITY OF MINNESOTA WITH A MISSION TO CONNECT PASSION WITH POSSIBILITY, INSPIRE GENEROSITY, AND SUPPORT GREATNESS. 20,000

VILAR PERFORMING ARTS CENTER

68 AVONDALE LANE
BEAVER CREEK,CO81620 		N/A PC DONATION TO SUPPORT THE PERFORMING ARTS CENTER IN THE HEART OF COLORADO'S BEAVER CREEK RESORT. 25,000

VILLAGE ENTERPRISE FUND INC

1161 CHERRY STREET SUITE A
SAN CARLOS,CA94070 		N/A PC TO END EXTREME POVERTY IN RURAL AFRICA THROUGH ENTREPRENEURSHIP AND INNOVATION. 54,000

WALKING MOUNTAINS SCIENCE CENTER

318 WALKING MOUNTAINS LANE
AVON,CO81620 		N/A PC DONATION TO SUPPORT AND INSPIRE ENVIRONMENTAL STEWARDSHIP AND SUSTAINABILITY THROUGH NATURAL SCIENCE EDUCATION 25,000

WESTERN RESOURCE ADVOCATES

2260 BASELINE ROAD SUITE 200
BOULDER,CO80302 		N/A PC DONATION TO PRESERVE THE WEST'S LAND, AIR, AND WATER TO ENSURE THAT VIBRANT COMMUNITIES EXIST IN BALANCE WITH NATURE. 18,000

WORLD CENTRAL KITCHEN INC

200 MASSACHUSETTS AVENUE NORTHWEST
7TH FLOOR
WASHINGTON,DC20090 		N/A PC TO PROVIDE MEALS IN RESPONSE TO HUMANITARIAN, CLIMATE, AND COMMUNITY CRISES 25,000

WORLD WILDLIFE FUND

1250 24TH STREET NW
WASHINGTON,DC20037 		N/A PC DONATION TO SUPPORT WILDLIFE CONSERVATION AROUND THE WORLD. 100,000

YOUTHPOWER365

PO BOX 6550
AVON,CO81620 		N/A PC THE FOUNDATION PROVIDES YEAR-ROUND EXTENDED LEARNING OPPORTUNITIES THAT EMPOWER AND EDUCATE THE YOUTH AND FAMILIES OF EAGLE COUNTY FROM CRADLE TO CAREER. 50,000
Total .................................right arrow 3a 2,286,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 187,199  
4 Dividends and interest from securities ....     14 870,179  
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 .....     14 2,709,901  
8 Gain or (loss) from sales of assets other than
inventory ............ 		901101 6,431 18 926  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPARTNERSHIP ACTIVITY 		901101 -77,397   77,397 0
bOTHER INCOME     01 2,169  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -70,966 3,847,771 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,776,805
(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:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING AND TAX SERVICES 48,402 0   48,402

TY 2024 InvestmentsCorpBondsSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Name of Bond End of Year Book Value End of Year Fair Market Value
VANGUARD TOTAL BOND MARKET INDEX ADMIRAL CL 2,765,157 2,765,157
VANGUARD INTERMEDIATE TERM TREASURY INDEX ADMIRAL 2,776,805 2,776,805

TY 2024 InvestmentsCorpStockSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Name of Stock End of Year Book Value End of Year Fair Market Value
VANGUARD EMERGING MARKETS STOCK INDEX ADMIRAL CL 2,813,909 2,813,909
VANGUARD TOTAL STOCK MARKET INDEX INSTL CL 18,715,296 18,715,296
VANGUARD DEVELOPED MARKETS INDEX INSTL CL 7,016,052 7,016,052

TY 2024 InvestmentsOtherSchedule2
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
DADELAND EXECUTIVE PLAZA LLC FMV 1,318,195 1,318,195
FIR TREE REAL ESTATE FUND III (CAYMAN) FMV 29,025 29,025
FIR TREE REF III (CAYMAN PFIC) FMV 11,376 11,376
GOLUB CAPITAL PARTNERS INTL 12 LP FMV 925,833 925,833
GROWTH CAPITAL DIVERSIFIED FUND FMV 1,086,425 1,086,425
INGLESEA IT OPCO HOLDINGS LLC FMV 2,944,780 2,944,780
INGLESEA IT PROPCO HOLDINGS LLC FMV 248,317 248,317
MONTAUK TRIGUARD FUND VI LP FMV 342,929 342,929
MONTAUK TRIGUARD FUND VII LP FMV 931,854 931,854
NGP NATURAL RESOURCES X FMV 80,883 80,883
WHITEFORT CAPITAL OFFSHORE FUND FMV 1,619,552 1,619,552
SPDR GOLD TRUST GOLD SHARES FMV 2,058,105 2,058,105

TY 2024 LegalFeesSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL SERVICES 195 0   195


TY 2024 OtherAssetsSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DISTRIBUTION RECEIVABLE 894,508 32,999 32,999


TY 2024 OtherDecreasesSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Description Amount
DEPRECIATION OF PARTNERSHIP ACTIVITY 1,633,305


TY 2024 OtherIncomeSchedule2
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME THROUGH K-1S 2,709,901 264,508 2,709,901
OTHER INCOME 2,169   2,169


TY 2024 OtherIncreasesSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Description Amount
UNREALIZED GAIN ON INVESTMENTS 3,827,838


TY 2024 OtherLiabilitiesSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Description Beginning of Year - Book Value End of Year - Book Value
DUE TO INGLESEA 19,497 19,496


TY 2024 OtherProfessionalFeesSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY SERVICES 47,147 47,147   0


TY 2024 TaxesSchedule
Name:
FREDMAN FAMILY FOUNDATION INC
EIN:
27-1430745
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 30,722 41,003   0
UNRELATED BUSINESS INCOME TAXES 8,394 0   0
FEDERAL EXCISE TAX 15,020 0   0