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
ACORN HILL FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O BNY MELLON NA - PO BOX 185
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152300185
A Employer identification number

22-3079659
B Telephone number (see instructions)

(212) 922-8176
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$38,126,474J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 799,659 798,424  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,334,154
b Gross sales price for all assets on line 6a 10,246,811
7 Capital gain net income (from Part IV, line 2)... 1,334,154
8 Net short-term capital gain......... 0
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
41,525 48,530  
12 Total. Add lines 1 through 11........ 2,175,338 2,181,108  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
897 0 0 897
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
186,692 186,692   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
24,653 12,304   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
89,734 63,143   26,591
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 301,976 262,139 0 27,488
25 Contributions, gifts, grants paid....... 1,795,000 1,795,000
26 Total expenses and disbursements. Add lines 24 and 25 2,096,976 262,139 0 1,822,488
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 78,362
b Net investment income (if negative, enter -0-) 1,918,969
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,526 7,783 7,783
2 Savings and temporary cash investments......... 720,219 410,024 410,024
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 31,077,292 Click to see attachment
List of Attached Documents:
// Content
31,476,537 		37,708,667
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 31,800,037 31,894,344 38,126,474
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
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........ 31,800,037 31,894,344
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)..... 31,800,037 31,894,344
30 Total liabilities and net assets/fund balances (see instructions). 31,800,037 31,894,344
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
31,800,037
2
Enter amount from Part I, line 27a .....................
2
78,362
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
24,187
4
Add lines 1, 2, and 3 ..........................
4
31,902,586
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
8,242
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
31,894,344
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 65000. FEDERAL FARM CREDIT 3.33% 4/12/27   2022-04-05 2024-01-03
b 332. ASSURANT INC   2023-08-18 2024-01-05
c 369. AON PLC/IRELAND A   2023-08-10 2024-01-05
d 67. ASSURANT INC   2023-08-23 2024-01-08
e 105000. WI TREASURY SEC. 5/15/25   2022-05-31 2024-01-11
84.56 GOVERNMENT NATIONAL 1.828% 12/16/52   2022-04-11 2024-01-16
85000. WI TREASURY SEC. 5/15/25   2022-05-31 2024-01-16
60000. BANK OF AMERICA CORP 3.95% 4/21/25   2016-05-10 2024-01-18
601. BUNGE GLOBAL SA   2023-08-10 2024-01-22
35000. PROVINCE OF ONTARIO 3.05% 1/29/24   2019-01-18 2024-01-29
30000. PACCAR FINANCIAL COR 0.35% 2/02/24   2021-01-28 2024-02-02
45000. UNITED STATES TREAS 0.25% 9/30/25   2020-09-25 2024-02-02
65000. BANK OF MONTREAL 3.3% 2/05/24   2019-01-31 2024-02-05
1970. MORGAN STANLEY DEAN WITTER & CO   2023-08-10 2024-02-05
182. NORTHROP GRUMMAN CORP   2023-08-10 2024-02-05
15000. WI TREASURY SEC. 5/15/25   2022-08-02 2024-02-13
84.73 GOVERNMENT NATIONAL 1.828% 12/16/52   2022-04-11 2024-02-16
117. BERKSHIRE HATHAWAY INC DEL CL B   2023-08-10 2024-02-21
93. BERKSHIRE HATHAWAY INC DEL CL B   2023-09-21 2024-02-21
1650. COCA - COLA CO   2023-10-24 2024-02-21
106. ELI LILLY & CO COM   2021-11-05 2024-02-21
469. MARATHON PETROLEUM CORP   2023-08-10 2024-02-21
900.15 FHLMC SB0856 3.5% 6/01/35   2023-06-27 2024-02-25
2031. EXXON MOBIL CORP   2022-10-10 2024-02-28
1890. SHELL PLC-W/I-ADR   2023-08-10 2024-02-28
40000. MICROSOFT CORP 3.125% 11/03/25   2015-10-29 2024-02-29
40000. T-MOBILE USA INC 3.75% 4/15/27   2021-10-13 2024-03-06
84.91 GOVERNMENT NATIONAL 1.828% 12/16/52   2022-04-11 2024-03-16
869.41 FHLMC SB0856 3.5% 6/01/35   2023-06-27 2024-03-25
40000. HSBC HOLDINGS PLC 2.251% 11/22/27   2021-11-15 2024-03-25
464. ELI LILLY & CO COM   2020-06-23 2024-03-28
838. PROGRESSIVE CORP OHIO   2023-08-10 2024-03-28
45000. AMAZON.COM INC 0.8% 6/03/25   2020-06-01 2024-04-03
21000. U S TREASURY NOTE   2022-09-22 2024-04-04
30000. TOYOTA MOTOR CREDIT CO 2.0% 10/07/24   2019-10-02 2024-04-05
4000. U S TREASURY NOTE   2022-09-22 2024-04-05
3500. ISHARES DJ SELECT DIVIDEND INDEX FD   2022-11-28 2024-04-10
85.08 GOVERNMENT NATIONAL 1.828% 12/16/52   2022-04-11 2024-04-16
550. ABBVIE INC   2023-09-21 2024-04-25
1195. ABBVIE INC   2019-09-20 2024-04-25
883.57 FHLMC SB0856 3.5% 6/01/35   2023-06-27 2024-04-25
45000. AMERICAN EXPRESS CO 3.375% 5/03/24   2022-04-28 2024-05-03
900. CF INDS HLDGS INC   2023-08-10 2024-05-07
3530. INTERPUBLIC GROUP OF COMPANIES INC   2023-08-10 2024-05-08
15000. BRANDYWINE OPER PARTN 3.95% 11/15/27   2017-11-09 2024-05-14
85.25 GOVERNMENT NATIONAL 1.828% 12/16/52   2022-04-11 2024-05-16
843.76 FHLMC SB0856 3.5% 6/01/35   2023-06-27 2024-05-25
1930. INTEL CORPORATION   2023-09-21 2024-06-12
1270. SHOPIFY INC-A W/I   2023-11-03 2024-06-12
1450. SHOPIFY INC-A W/I   2023-12-18 2024-06-12
25000. PARKER-HANNIFIN CORP 2.7% 6/14/24   2019-06-05 2024-06-14
85.43 GOVERNMENT NATIONAL 1.828% 12/16/52   2022-04-11 2024-06-16
249. NORTHROP GRUMMAN CORP   2023-08-10 2024-06-24
934.58 FHLMC SB0856 3.5% 6/01/35   2023-06-27 2024-06-25
.8333 GRAIL INC   2023-07-31 2024-07-08
44000. SHIRE ACQ INV IRELAND 3.2% 9/23/26   2016-09-19 2024-07-10
85.6 GOVERNMENT NATIONAL 1.828% 12/16/52   2022-04-11 2024-07-16
55000. APPLE INC 3.35% 2/09/27   2022-06-01 2024-07-18
1000. SHIRE ACQ INV IRELAND 3.2% 9/23/26   2023-02-23 2024-07-18
155000. WI TREASURY N/B 1.125% 12/31/26   2021-12-30 2024-07-18
30000. US TREASURY N/B 2.5% 3/31/27   2022-05-20 2024-07-18
307. ARES MANAGEMENT CORP   2023-08-10 2024-07-23
195. CINTAS CORP   2023-08-10 2024-07-23
148. GRAIL INC   2023-07-31 2024-07-23
2510. NEWMONT MINING CORP   2023-12-07 2024-07-23
910. CRH PLC   2023-11-16 2024-07-23
1677. INTERNATIONAL GAME TECHNOLOG   2023-08-10 2024-07-23
150. ARES MANAGEMENT CORP   2023-08-10 2024-07-24
780. ARES MANAGEMENT CORP   2023-04-12 2024-07-24
45000. UNITEDHEALTH GROUP I 1.15% 5/15/26   2021-05-17 2024-07-24
1133. INTERNATIONAL GAME TECHNOLOG   2023-08-10 2024-07-24
421. INTERNATIONAL GAME TECHNOLOG   2023-04-24 2024-07-24
484. CONSTELLATION ENERGY CORP   2023-08-10 2024-07-25
1680. EDWARDS LIFESCIENCES CORP   2024-03-28 2024-07-25
806.84 FHLMC SB0856 3.5% 6/01/35   2023-06-27 2024-07-25
100000. UNITED STATES TREAS 0.25% 5/31/25   2020-10-29 2024-07-25
5000. WI TREASURY SEC. 5/15/25   2022-08-02 2024-07-25
1551. INTERNATIONAL GAME TECHNOLOG   2023-04-17 2024-07-25
1558. INTERNATIONAL GAME TECHNOLOG   2023-04-14 2024-07-26
30000. US TREASURY NOTE 2.625% 2/15/29   2019-02-07 2024-07-31
75000. UNITED STATES TREAS 0.25% 5/31/25   2020-10-29 2024-07-31
725. CHEVRON CORPORATION   2024-02-28 2024-08-01
55000. UNITED STATES TREAS 0.25% 5/31/25   2020-10-29 2024-08-06
20000. WI TREASURY N/B .2500 0.25% 10/31/25   2022-09-22 2024-08-06
331. J P MORGAN CHASE & CO   2018-05-15 2024-08-08
159. EATON CORP PLC   2024-01-05 2024-08-08
216. EATON CORP PLC   2012-11-30 2024-08-08
177. TRANE TECHNOLOGIES PLC   2012-02-17 2024-08-08
85.78 GOVERNMENT NATIONAL 1.828% 12/16/52   2022-04-11 2024-08-16
823.63 FHLMC SB0856 3.5% 6/01/35   2023-06-27 2024-08-25
53. EATON CORP PLC   2012-11-30 2024-08-27
505. EATON CORP PLC   2012-11-30 2024-08-27
605. ROSS STORES INC   2023-09-21 2024-08-28
75000. U S TREASURY NOTE 0.625% 3/31/27   2020-04-13 2024-08-30
20000. UNITED STATES TREAS 0.25% 5/31/25   2020-10-29 2024-09-04
15000. U S TREASURY NOTE 5.0% 9/30/25   2023-10-16 2024-09-04
80000. CITIGROUP INC   2017-02-15 2024-09-05
1840. OCCIDENTAL PETROLEUM CORPORATION COMMON   2023-08-02 2024-09-12
321. J P MORGAN CHASE & CO   2017-11-21 2024-09-13
1145. NOVARTIS AG SPNSRD ADR   2024-04-25 2024-09-13
85.95 GOVERNMENT NATIONAL 1.828% 12/16/52   2022-04-11 2024-09-16
825.32 FHLMC SB0856 3.5% 6/01/35   2023-06-27 2024-09-25
60000. ORACLE CORP 2.5% 4/01/25   2020-03-30 2024-09-26
75000. AT&T INC   2020-08-13 2024-10-01
311. WILLIS TOWERS WATSON PLC   2024-07-23 2024-10-04
45207.789 BNY MELLON S/T US GVT SECS FD CL M   2022-08-02 2024-10-10
16332.245 BNY MELLON SMALL CAP STK FD CL M SHS   2019-08-02 2024-10-10
146.3 GOVERNMENT NATIONAL 1.828% 12/16/52   2022-04-11 2024-10-16
1650. CITIGROUP INC   2024-02-28 2024-10-24
1620. SANOFI-SYNTHELABO   2023-04-14 2024-10-24
88. UNITED HEALTH GROUP INC   2023-11-20 2024-10-24
20. UNITED HEALTH GROUP INC   2024-04-25 2024-10-24
19. UNITED HEALTH GROUP INC   2023-08-10 2024-10-24
759.14 FHLMC SB0856 3.5% 6/01/35   2023-06-27 2024-10-25
60000. FEDERAL HOME LOAN BA 0.625% 10/28/24   2021-04-13 2024-10-28
30000. AIR LEASE CORP 2.3% 2/01/25   2020-01-07 2024-10-29
384. ALLSTATE CORP COM   2023-12-07 2024-10-31
465. T -MOBILE US INC   2024-07-23 2024-10-31
40000. AMERICAN HONDA FINAN 1.3% 9/09/26   2021-09-07 2024-11-01
203. CONSTELLATION ENERGY CORP   2023-08-10 2024-11-14
103. UNITED HEALTH GROUP INC   2024-04-25 2024-11-14
46. UNITED HEALTH GROUP INC   2016-09-14 2024-11-14
84.68 GOVERNMENT NATIONAL 1.828% 12/16/52   2022-04-11 2024-11-16
75000. VERIZON COMMUNICATIO 2.625% 8/15/26   2018-06-26 2024-11-21
2816. BNY MELLON SMALL CAP STK FD CL M SHS   2020-06-11 2024-11-22
949. ISHARES TR S & P SMALL CAP 600   2017-01-10 2024-11-22
792.62 FHLMC SB0856 3.5% 6/01/35   2023-06-27 2024-11-25
1710. CELSIUS HOLDINGS INC   2024-07-23 2024-11-26
560. DEXCOM INC   2024-04-25 2024-11-26
659. DEXCOM INC   2024-07-25 2024-11-26
79304.585 BNY MELLON MID CAP STK FD CL M   2012-10-12 2024-12-03
25000. TARGET CORP 2.25% 4/15/25   2020-03-26 2024-12-09
4550. SCHLUMBERGER LIMITED COM   2023-04-12 2024-12-13
84.86 GOVERNMENT NATIONAL 1.828% 12/16/52   2022-04-11 2024-12-16
30000. META PLATFORMS INC 4.95% 5/15/33   2024-02-01 2024-12-18
896.59 FHLMC SB0856 3.5% 6/01/35   2023-06-27 2024-12-25
1. OTHER INCOME   2023-01-01 2024-12-31
737.99 FHLMC SB0856 3.5% 6/01/35   2023-06-27 2024-12-31
(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 62,998   65,000 -2,002
b 55,936   46,495 9,441
c 106,096   117,459 -11,363
d 11,164   9,326 1,838
e 102,523   105,103 -2,580
85   79 6
83,131   84,725 -1,594
58,909   61,326 -2,417
53,480   67,832 -14,352
35,000   34,965 35
30,000   29,965 35
41,987   44,965 -2,978
65,000   65,538 -538
169,572   173,218 -3,646
80,580   79,395 1,185
14,624   14,880 -256
85   80 5
47,741   42,122 5,619
37,948   33,794 4,154
100,599   92,067 8,532
78,340   27,948 50,392
77,819   68,018 9,801
900   868 32
211,605   202,799 8,806
118,304   116,964 1,340
38,888   40,335 -1,447
38,496   43,059 -4,563
85   80 5
869   839 30
36,861   38,998 -2,137
362,628   72,799 289,829
173,329   106,265 67,064
42,899   45,126 -2,227
20,517   20,424 93
29,484   29,973 -489
3,907   3,890 17
419,794   434,563 -14,769
85   80 5
91,841   84,418 7,423
199,545   87,818 111,727
884   853 31
45,000   44,996 4
66,998   74,536 -7,538
108,953   118,213 -9,260
13,580   14,888 -1,308
85   81 4
844   815 29
60,421   66,930 -6,509
82,233   75,618 6,615
93,888   111,814 -17,926
25,000   24,822 178
85   81 4
107,153   108,158 -1,005
935   903 32
12   27 -15
42,577   44,846 -2,269
86   81 5
53,451   55,243 -1,792
965   958 7
144,204   154,703 -10,499
28,688   29,557 -869
46,134   30,174 15,960
147,621   96,197 51,424
2,260   3,956 -1,696
118,033   99,307 18,726
74,713   53,990 20,723
34,635   55,187 -20,552
21,936   14,743 7,193
114,068   62,715 51,353
42,184   44,220 -2,036
22,925   37,285 -14,360
8,519   12,036 -3,517
82,350   51,298 31,052
102,204   160,610 -58,406
807   780 27
96,141   99,750 -3,609
4,914   4,960 -46
31,316   43,837 -12,521
36,214   43,142 -6,928
28,253   30,002 -1,749
72,179   74,813 -2,634
110,614   110,318 296
53,103   54,863 -1,760
19,034   17,763 1,271
67,339   41,098 26,241
45,454   37,375 8,079
61,748   8,058 53,690
57,834   4,403 53,431
86   82 4
824   797 27
15,765   1,977 13,788
149,531   18,838 130,693
90,719   68,517 22,202
69,196   75,059 -5,863
19,389   19,950 -561
15,113   14,972 141
79,457   82,851 -3,394
93,951   113,046 -19,095
65,904   32,710 33,194
132,187   117,118 15,069
86   82 4
825   799 26
59,323   59,978 -655
69,252   75,993 -6,741
90,409   84,886 5,523
501,806   491,720 10,086
350,000   279,250 70,750
146   139 7
103,750   90,947 12,803
83,457   89,869 -6,412
49,447   47,184 2,263
11,238   9,907 1,331
10,676   9,585 1,091
759   735 24
60,000   60,000  
29,772   29,689 83
71,952   53,423 18,529
104,014   81,970 22,044
37,719   40,008 -2,289
46,068   21,516 24,552
61,073   51,020 10,053
27,275   6,129 21,146
85   80 5
72,953   68,792 4,161
65,556   45,816 19,740
118,634   67,237 51,397
793   768 25
47,328   80,641 -33,313
43,367   77,361 -33,994
51,033   72,221 -21,188
1,532,165   1,233,088 299,077
24,785   24,959 -174
182,839   257,994 -75,155
85   81 4
30,436   30,893 -457
897   869 28
91,720     91,720
738   716 22
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -2,002
b       9,441
c       -11,363
d       1,838
e       -2,580
      6
      -1,594
      -2,417
      -14,352
      35
      35
      -2,978
      -538
      -3,646
      1,185
      -256
      5
      5,619
      4,154
      8,532
      50,392
      9,801
      32
      8,806
      1,340
      -1,447
      -4,563
      5
      30
      -2,137
      289,829
      67,064
      -2,227
      93
      -489
      17
      -14,769
      5
      7,423
      111,727
      31
      4
      -7,538
      -9,260
      -1,308
      4
      29
      -6,509
      6,615
      -17,926
      178
      4
      -1,005
      32
      -15
      -2,269
      5
      -1,792
      7
      -10,499
      -869
      15,960
      51,424
      -1,696
      18,726
      20,723
      -20,552
      7,193
      51,353
      -2,036
      -14,360
      -3,517
      31,052
      -58,406
      27
      -3,609
      -46
      -12,521
      -6,928
      -1,749
      -2,634
      296
      -1,760
      1,271
      26,241
      8,079
      53,690
      53,431
      4
      27
      13,788
      130,693
      22,202
      -5,863
      -561
      141
      -3,394
      -19,095
      33,194
      15,069
      4
      26
      -655
      -6,741
      5,523
      10,086
      70,750
      7
      12,803
      -6,412
      2,263
      1,331
      1,091
      24
       
      83
      18,529
      22,044
      -2,289
      24,552
      10,053
      21,146
      5
      4,161
      19,740
      51,397
      25
      -33,313
      -33,994
      -21,188
      299,077
      -174
      -75,155
      4
      -457
      28
      91,720
      22
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 1,334,154
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 26,674
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 26,674
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 26,674
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 23,260
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,343
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 27,603
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 929
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow929 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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 arrowNJ
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 .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
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 arrowBNY MELLON NA Telephone no.right arrow (212) 922-8176

Located atright arrowPO BOX 185PITTSBURGHPA ZIP+4right arrow152300185
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)
Yes
 
(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
 
No
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
MARIAN BURKE PRESIDENT
10 		0    
935 ST JAMES LANE
VERO BEACH,FL32967
KATHERINE C PRENTICE VICE PRESIDENT
10 		0    
3 SUNSET KEY DRIVE
KEY WEST,FL33040
KIRBY CULBERTSON SECRETARY
10 		0    
2260 RUSHMORE DRIVE
MARIETTA,GA30062
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 arrow  
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
37,341,849
b
Average of monthly cash balances.......................
1b
1,118,057
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
38,459,906
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
38,459,906
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
576,899
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
37,883,007
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,894,150
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
1,894,150
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
26,674
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
26,674
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,867,476
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,867,476
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
1,867,476
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
1,822,488
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,822,488
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 1,867,476
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
b From 2020...... 0
c From 2021...... 0
d From 2022...... 0
e From 2023...... 601,853
f Total of lines 3a through e ........ 601,853
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,822,488
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 1,822,488
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 44,988 44,988
(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 5 556,865
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 ...... 		556,865
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 556,865
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).)
NONE
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.
NONE
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

SEE ATTACHED

C/O BNY MELLON PO BOX 185
PITTSBURGH,PA152300185 		NONE I SCHOLARSHIPS 1,795,000
Total .................................right arrow 3a 1,795,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 799,659  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,334,154  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFROM PARTNERSHIP/S 		900099 -7,005 1 48,530  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -7,005 2,182,343  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,175,338
(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:
ACORN HILL FOUNDATION INC
EIN:
22-3079659
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 897     897

TY 2024 ExplnOfNonFilingWithAGStmt
Name:
ACORN HILL FOUNDATION INC
EIN:
22-3079659
Statement:
The New Jersey Office of the Attorney General has indicated that no Forms 990-PF should be filed with the State unless a charitable organization has pre-registered with the office. Although the situs of this trust is New Jersey, it does not solicit contributions from the public and therefore it does not meet the registration requirements of the State of New Jersey. As a result, the Trust does not furnish a copy of its Form 990-PF to the State.

TY 2024 InvestmentsOtherSchedule2
Name:
ACORN HILL FOUNDATION INC
EIN:
22-3079659
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
594918104 MICROSOFT CORP COM AT COST 509,898 1,259,864
G29183103 EATON CORP PLC      
929089100 VOYA FINANCIAL INC AT COST 69,742 105,998
05569M509 BNY MELLON MID CAP S      
13063DGB8 CALIFORNIA ST AT COST 10,074 9,976
833034AK7 SNAP-ON INC AT COST 19,770 19,429
037833100 APPLE INC AT COST 489,027 1,123,134
25470DAL3 DISCOVERY COMMUNICAT AT COST 37,265 34,888
780082AD5 ROYAL BANK OF CANADA AT COST 41,285 39,949
84756NAF6 SPECTRA ENERGY PARTN AT COST 26,060 24,918
912828V98 UNITED STATES TREAS AT COST 48,650 47,983
912828V49 U S TREASURY INFLATI AT COST 151,636 145,703
92343VDD3 VERIZON COMMUNICATIO      
682680AS2 ONEOK INC AT COST 19,887 19,643
023135106 AMAZON COM INC AT COST 449,991 1,017,970
233203421 DFA EMERG MKTS CORE AT COST 424,280 502,424
105340AQ6 BRANDYWINE OPER PART      
74052BAA5 PREMIER HEALTH PART AT COST 20,000 19,129
845437BR2 SOUTHWESTERN ELECTRI AT COST 31,379 29,108
91324P102 UNITED HEALTH GROUP AT COST 41,306 156,817
464287465 ISHARES MSCI EAFE IN AT COST 1,107,374 1,272,819
82481LAD1 SHIRE ACQ INV IRELAN      
912828R36 U S TREASURY NOTE AT COST 23,099 24,130
026874784 AMERICAN INTERNATION AT COST 31,576 85,904
06051GFP9 BANK OF AMERICA CORP      
172967JT9 CITIGROUP INC      
21684AAF3 COOPERATIEVE RABOBAN AT COST 60,433 58,792
464287804 ISHARES TR S & P SMA AT COST 582,925 984,209
46625H100 J P MORGAN CHASE & C AT COST 122,994 297,480
594918BJ2 MICROSOFT CORP      
05569M806 BNY MELLON SMALL CAP AT COST 374,934 501,728
701094AM6 PARKER-HANNIFIN CORP      
89236TGL3 TOYOTA MOTOR CREDIT      
05589K400 BNYM FLTNG RT INC-Y AT COST 763,176 735,474
337738AU2 FISERV INC AT COST 46,326 42,222
68323AFC3 PROVINCE OF ONTARIO      
912828YB0 UNITED STATES TREASU AT COST 85,856 75,441
912828YG9 UNITED STATES TREAS AT COST 44,694 43,034
9128286B1 US TREASURY NOTE      
91412HFG3 UNIVERSITY OF CALIFO AT COST 35,000 33,190
092113AR0 BLACK HILLS CORP AT COST 34,880 32,003
191216100 COCA-COLA CO USD      
035240AQ3 ANHEUSER-BUSCH INBEV AT COST 42,691 39,984
00287Y109 ABBVIE INC      
06367WHH9 BANK OF MONTREAL      
42225UAD6 HEALTHCARE TRUST OF AT COST 10,366 9,773
9128286T2 UNITED STATES TREAS AT COST 226,887 207,398
05587K857 BNYM INTL STCK-Y AT COST 1,190,861 1,647,230
05588E850 BNY MELLON HIGH YIEL AT COST 1,000,490 863,620
12572Q105 CME GROUP INC AT COST 246,042 300,273
9128285M8 U S TREASURY NOTE AT COST 46,846 43,060
00771X419 G Q G PART EMERG MKT AT COST 835,000 1,068,955
05588F709 BNYM GLBL RL EST SEC AT COST 348,474 329,437
912828ZE3 U S TREASURY NOTE AT COST 75,059 69,244
254687FX9 WALT DISNEY COMPANY/ AT COST 41,215 35,410
22160KAP0 COSTCO WHOLESALE COR AT COST 48,017 42,793
872540AV1 T J X COS I 1.15% 5/ AT COST 58,002 53,536
341271AE4 STATE BOARD OF ADMIN AT COST 40,000 37,084
9WB000728 FUGIO XI VC AT COST 450,000 474,862
91282CAM3 UNITED STATES TREAS AT COST 34,973 33,983
912828ZN3 UNITED STATES TREAS AT COST 100,012 91,728
68389XBT1 ORACLE CORP      
278642AV5 EBAY INC AT COST 50,788 49,703
78355HKQ1 RYDER SYSTEM INC AT COST 22,978 19,969
00206RKG6 AT&T INC      
00914AAF9 AIR LEASE CORP      
912828ZB9 TREASURY NOTE AT COST 87,427 79,569
9WB000694 LIAB-FUGIO XI VC      
3136G4H63 FEDERAL NATL MTG ASS AT COST 60,000 58,624
031162CT5 AMGEN INC AT COST 39,735 37,928
912828ZT0 UNITED STATES TREAS      
G8994E103 TRANE TECHNOLOGIES P AT COST 9,528 141,461
532457108 ELI LILLY & CO COM      
548661DX2 LOWE'S COS INC 1.3% AT COST 38,667 35,759
87612EBL9 TARGET CORP      
9WB000710 LIAB-FUGIO XI PE      
3134GWND4 FREDDIE MAC AT COST 60,000 58,645
023135BQ8 AMAZON.COM INC 0.8%      
9WB000702 FUGIO XI PE AT COST 375,000 500,144
110122DN5 BRISTOL-MYERS SQUIBB AT COST 24,960 24,219
369550BN7 GENERAL DYNAMICS COR AT COST 44,953 42,997
91282CBJ9 UNITED STATES TREAS AT COST 129,482 116,808
91282CCB5 UNITED STATES TREAS AT COST 20,655 16,873
14913R2K2 CATERPILLAR FINL SER AT COST 29,931 28,794
404280CX5 HSBC HOLDINGS PLC 2.      
91282CCV1 U S TREASURY NOTE AT COST 69,109 62,434
91282CDQ1 WI TREASURY N/B      
91324PEC2 UNITEDHEALTH GROUP I      
04636NAA1 ASTRAZENECA FINANCE AT COST 38,928 38,235
09260B382 BLACKROCK STRAT INC AT COST 754,104 698,887
24422EVR7 JOHN DEERE CAPITAL C AT COST 44,926 42,848
38141GYM0 GOLDMAN SACHS GROUP AT COST 60,000 56,927
87264ABD6 T-MOBILE USA INC      
91282CCS8 U S TREASURY NOTE AT COST 68,261 57,126
64990FD76 NEW YORK ST DORM AT COST 40,000 36,721
69371RR24 PACCAR FINANCIAL COR      
02665WDZ1 AMERICAN HONDA FINAN      
3130ALZS6 FEDERAL HOME LOAN BA      
579780AR8 MCCORMICK & CO 0.9% AT COST 39,205 38,313
91282CDK4 U S TREASURY NOTE AT COST 114,870 108,723
036752AJ2 ANTHEM INC AT COST 42,011 39,965
9EEB00739 LIAB-FUGIO IMPACT FU      
464287168 ISHARES DJ SELECT DI AT COST 433,849 459,515
517834107 LAS VEGAS SANDS CORP AT COST 115,472 152,026
3130ARDV0 FEDERAL HOME BANK LO AT COST 65,000 63,120
020002101 ALLSTATE CORP COM AT COST 110,184 152,690
05569M780 BNY MELLON S/T US GV      
91282CEQ0 WI TREASURY SEC.      
9EEA00053 FUGIO FUND XII PE, L AT COST 110,991 111,771
91282CDJ7 U S TREASURY NOTE AT COST 63,487 53,115
3133ENUH1 FEDERAL FARM CREDIT      
91282CFB2 U S TREASURY NOTE AT COST 99,523 96,307
30231G102 EXXON MOBIL CORP      
91282CFE6 U S TREASURY NOTE      
91282CFC0 U S TREASURY NOTE AT COST 83,104 78,858
9EEA00020 LIAB-FUGIO FUND XII      
3134GXS54 FREDDIE MAC AT COST 65,016 64,896
91282CEF4 US TREASURY N/B      
9EEB00747 FUGIO IMPACT FUND, L AT COST 250,000 218,872
38378BT82 GOVERNMENT NATIONAL AT COST 25,087 21,604
42225UAK0 HEALTHCARE TRUST OF AT COST 4,953 4,749
025816CV9 AMERICAN EXPRESS CO      
037833CJ7 APPLE INC      
9EEA00061 LIAB-FUGIO FUND XII      
91282CFJ5 WI TREASURY SEC. AT COST 98,555 94,719
91282CAT8 WI TREASURY N/B .250      
91282CFV8 U S TREASURY NOTE AT COST 104,348 97,532
91282CFY2 US TREASURY N/B AT COST 40,480 39,102
464287499 ISHARES TR RUSSELL M AT COST 1,260,975 1,392,300
126650CX6 C V S HEALTH CORP AT COST 45,483 43,601
00206R102 AT&T INC AT COST 171,642 239,996
91282CEP2 WI TREASURY SEC. AT COST 124,569 112,263
9EEA00046 FUGIO FUND XII VC, L AT COST 112,500 113,476
45687V106 INGERSOLL RAND INC AT COST 152,528 201,726
458140100 INTEL CORPORATION      
460690100 INTERPUBLIC GROUP OF      
46647PCW4 JPMORGAN CHASE & CO AT COST 60,396 62,526
49177J102 KENVUE INC AT COST 155,071 142,832
550021109 LULULEMON ATHLETICA AT COST 88,327 87,954
56585A102 MARATHON PETROLEUM C AT COST 80,636 77,562
617446448 MORGAN STANLEY DEAN      
61744YAP3 MORGAN STANLEY AT COST 41,411 43,396
651639106 NEWMONT MINING CORP AT COST 69,633 65,507
666807102 NORTHROP GRUMMAN COR      
67066G104 NVIDIA CORP AT COST 285,751 1,412,731
674599105 OCCIDENTAL PETROLEUM      
716973AE2 PFIZER INVESTMENT EN AT COST 34,948 34,009
743315103 PROGRESSIVE CORP OHI      
759916109 REPLIGEN CORP AT COST 116,794 106,803
776696106 ROPER TECHNOLOGIES I AT COST 187,347 197,543
778296103 ROSS STORES INC      
780259305 SHELL PLC-W/I-ADR      
80105N105 SANOFI-SYNTHELABO AT COST 117,644 108,035
803607100 SAREPTA THERAPEUTICS AT COST 109,485 116,240
806857108 SCHLUMBERGER LIMITED      
82509L107 SHOPIFY INC-A W/I      
852234103 BLOCK INC AT COST 125,466 161,481
902613AX6 UBS GROUP AG AT COST 53,478 49,851
90353T100 UBER TECHNOLOGIES IN AT COST 91,953 116,418
91282CFZ9 U S TREASURY NOTE AT COST 65,739 64,266
91282CGB1 US TREASURY N/B AT COST 96,251 92,811
91282CGC9 US TREASURY N/B AT COST 91,027 88,967
91282CGL9 US TREASURY NOTE AT COST 88,469 89,763
91282CGM7 UNITED STATES TREAS AT COST 129,821 125,589
91282CHC8 US TREASURY N/B AT COST 232,104 220,555
91282CHF1 UNITED STATES TREAS AT COST 14,894 14,518
91282CHT1 U S ETREASURY NOTE AT COST 111,076 109,448
91282CHW4 U S TREASURY NOTE AT COST 74,909 73,846
91282CJA0 UNITED STATES TREAS AT COST 24,846 25,234
91282CJB8 U S TREASURY NOTE AT COST 14,972 15,078
91282CJM4 U S ETREASURY NOTE AT COST 123,497 119,563
92338C103 VERALTO CORP-W/I AT COST 124,654 161,432
98978V103 ZOETIS INC AT COST 134,532 116,658
G0403H108 AON PLC/IRELAND A AT COST 82,510 98,769
G25508105 CRH PLC AT COST 85,489 144,331
G4863A108 INTERNATIONAL GAME T      
G5960L103 MEDTRONIC PLC AT COST 285,433 270,793
G7496G103 RENAISSANCERE HLDGS AT COST 127,401 150,281
H11356104 BUNGE GLOBAL SA      
00287YBX6 ABBVIE INC 3.2% 11/2 AT COST 41,853 41,767
016255101 ALIGN TECHNOLOGY INC AT COST 191,936 113,012
02079K107 ALPHABET INC AT COST 778,307 1,121,882
031100100 AMETEK INC NEW AT COST 161,100 179,178
038222105 APPLIED MATERIALS IN AT COST 191,356 211,907
03990B101 ARES MANAGEMENT CORP      
04621X108 ASSURANT INC AT COST 136,301 135,395
075887109 BECTON DICKINSON AND AT COST 334,325 281,092
084670702 BERKSHIRE HATHAWAY I AT COST 320,968 418,377
09073M104 BIO-TECHNE CORP AT COST 92,877 85,716
097023CY9 BOEING CO AT COST 19,723 19,720
11134LAH2 BROADCOM CRP / CAYMN AT COST 28,814 29,531
125269100 CF INDS HLDGS INC      
16679L109 CHEWY INC - CLASS A AT COST 103,172 148,696
17275R102 CISCO SYS INC AT COST 247,557 274,096
172908105 CINTAS CORP      
20825C104 CONOCOPHILLIPS AT COST 193,777 173,845
21037T109 CONSTELLATION ENERGY AT COST 84,684 178,744
22160N109 COSTAR GROUP INC AT COST 148,816 129,578
235851102 DANAHER CORP COMMON AT COST 281,536 284,183
254687106 DISNEY (WALT) COMPAN AT COST 120,624 149,209
25746U109 DOMINION RES INC VA AT COST 168,472 190,126
3132CW5R1 FHLMC SB0856 AT COST 46,484 46,184
35671D857 FREEPORT-MCMORAN COP AT COST 174,295 152,320
37045V100 GENERAL MOTORS CO AT COST 84,092 127,315
38141G104 GOLDMAN SACHS GROUP AT COST 126,968 211,297
38145N220 GOLDMAN SACHS ABS RE AT COST 313,376 336,677
443201108 HOWMET AEROSPACE INC AT COST 136,783 279,987
443573100 HUBSPOT INC AT COST 185,476 243,173
452327109 ILLUMINA INC AT COST 136,238 119,332
00206RGQ9 AT&T INC AT COST 70,204 67,794
00914AAV4 AIR LEASE CORP AT COST 30,235 30,063
025816DP1 AMERICAN EXPRESS CO AT COST 44,532 45,260
02665WFU0 AMERICAN HONDA FINAN AT COST 39,470 39,136
060505104 BANK OF AMERICA CORP AT COST 105,391 122,181
06051GMA4 BANK OF AMERICA CORP AT COST 60,000 60,065
06368LC53 BANK OF MONTREAL AT COST 65,920 65,760
06738EAW5 BARCLAYS PLC AT COST 43,564 44,209
071813109 BAXTER INTL INC COM AT COST 83,778 61,236
110122108 BRISTOL MYERS SQUIBB AT COST 117,534 135,744
11070TAM0 PROVINCE OF BRITISH AT COST 24,014 23,756
14064D774 FULLTHALER BEH S/C G AT COST 185,793 175,615
17275RBS0 CISCO SYSTEMS INC 4. AT COST 40,134 40,144
172967MP3 CITIGROUP INC 4.412% AT COST 79,243 76,894
251526CV9 DEUTSCHE BANK NY AT COST 55,439 55,586
25278X109 DIAMONDBACK ENERGY I AT COST 91,200 91,417
26884L109 EQT CORP COM AT COST 276,089 323,692
30303M8U9 META PLATFORMS INC AT COST 29,671 29,203
3133EP6X8 FEDERAL FARM CREDIT AT COST 100,020 100,000
3133EPR80 FEDERAL FARM CR BKS AT COST 59,982 60,005
3135GAUP4 FEDERAL NATL MTG ASS AT COST 54,992 55,047
320517105 FIRST HORIZON NATL C AT COST 76,470 109,159
36828A101 GE VERNOVA LLC AT COST 120,632 225,646
37045XEY8 GENERAL MOTORS FIN C AT COST 24,984 25,125
375558103 GILEAD SCIENCES INC AT COST 87,998 91,446
404280CY3 HSBC HOLDINGS PLC AT COST 33,374 33,746
443510607 HUBBELL INC COM AT COST 308,800 327,991
460146103 INTERNATIONAL PAPER AT COST 122,133 140,470
46120E602 INTUITIVE SURGICAL I AT COST 155,094 203,042
464287507 ISHARES TR S&P MIDCA AT COST 1,527,332 1,422,537
502431109 L3HARRIS TECHNOLOGIE AT COST 194,523 192,827
504922105 LABCORP HOLDINGS INC AT COST 114,436 129,566
59156R108 METLIFE INC AT COST 93,280 90,887
60937P106 MONGODB INC AT COST 143,465 99,177
64110L106 NETFLIX COM INC AT COST 74,510 115,872
681919106 OMNICOM GROUP INC CO AT COST 178,453 161,755
68389XCT0 ORACLE CORP AT COST 44,867 42,649
718172109 PHILIP MORRIS INTERN AT COST 83,424 98,687
718546104 PHILLIPS 66 AT COST 113,997 90,574
722304102 PINDUODUO INC-ADR AT COST 87,207 70,027
87264ABW4 T-MOBILE USA INC AT COST 40,671 40,796
874060BK1 TAKEDA PHARMACEUTICA AT COST 45,372 44,572
87612EBP0 TARGET CORP AT COST 24,764 24,166
88579Y101 3M CO AT COST 81,928 101,465
89236TLE3 TOYOTA MOTOR CREDIT AT COST 30,897 30,919
902973304 US BANCORP DEL AT COST 104,568 103,313
91282CFM8 U S TREASURY NOTE AT COST 14,788 14,941
91282CJE2 U S TREASURY NOTE AT COST 5,047 5,029
91282CJJ1 U S ETREASURY NOTE AT COST 145,238 139,366
91282CJQ5 U S TREASURY NOTE AT COST 83,748 81,895
91282CJV4 US TREASURY N/B AT COST 34,948 35,001
91282CJZ5 U S TREASURY NOTE AT COST 14,638 14,360
91282CKA8 U S TREASURY NOTE AT COST 144,451 144,606
91282CKJ9 U S TREASURY NOTE AT COST 30,188 30,151
91282CLC3 U S TREASURY NOTE AT COST 70,921 68,891
91282CLD1 U S TREASURY NOTE AT COST 70,372 68,606
91282CLF6 U S TREASURY NOTE AT COST 105,150 99,282
91282CLH2 U S TREASURY NOTE AT COST 15,033 14,881
91282CLX7 U S TREASURY NOTE AT COST 74,900 74,669
91324PFH0 UNITEDHEALTH GROUP I AT COST 39,923 39,549
G51502105 JOHNSON CTLS INTL PL AT COST 171,440 207,586
H01301128 ALCON INC AT COST 120,947 111,206
V7780T103 ROYAL CARIBBEAN CRUI AT COST 86,831 96,659

TY 2024 OtherDecreasesSchedule
Name:
ACORN HILL FOUNDATION INC
EIN:
22-3079659
Description Amount
CY PURCHASE OF ACCRUED INTEREST 2,434
CY PENDING SALES 22
ROC ON CY SALES 1,235
PY RETURN OF CAPITAL ADJUSTMENT 4,448
COST BASIS ADJUSTMENT 103


TY 2024 OtherExpensesSchedule
Name:
ACORN HILL FOUNDATION INC
EIN:
22-3079659
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADR FEES 269 269   0
INVESTMENT EXPENSE 153 153   0
OTHER NON ALLOCABLE EXPENSE 26,591 0   26,591
FROM PARTNERSHIP/S-CORP 62,721 62,721   0


TY 2024 OtherIncomeSchedule2
Name:
ACORN HILL FOUNDATION INC
EIN:
22-3079659
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FROM PARTNERSHIP/S-CORP 41,525 48,530  


TY 2024 OtherIncreasesSchedule
Name:
ACORN HILL FOUNDATION INC
EIN:
22-3079659
Description Amount
MUTUAL FUND TIMING ADJ 47
PY PURCHASE OF ACCRUED INTEREST 681
PARTNERSHIP DISTRIBUTION ADJUSTMENT 2,263
PARTNERSHIP INCOME ADJUSTMENT 21,196


TY 2024 OtherProfessionalFeesSchedule
Name:
ACORN HILL FOUNDATION INC
EIN:
22-3079659
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 186,692 186,692    


TY 2024 TaxesSchedule
Name:
ACORN HILL FOUNDATION INC
EIN:
22-3079659
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 11,274 11,274   0
FEDERAL ESTIMATES - PRINCIPAL 12,349 0   0
FOREIGN TAXES ON NONQUALIFIED 1,030 1,030   0