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
THE POSES FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)180 PARK AVENUE SUITE 201
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FLORHAM PARK, NJ07932
A Employer identification number

20-6375470
B Telephone number (see instructions)

(973) 984-3352
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$685,713,723
J 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) 13,538,370
2 Check right arrow.............
3 Interest on savings and temporary cash investments 9,822,468 9,821,417  
4 Dividends and interest from securities... 9,364,164 9,364,164  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 22,018,145
b Gross sales price for all assets on line 6a 96,701,966
7 Capital gain net income (from Part IV, line 2)... 22,018,145
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)....... 1,744,409 1,319,893  
12 Total. Add lines 1 through 11........ 56,487,556 42,523,619  
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)......... 118,455 23,691   94,764
b Accounting fees (attach schedule)....... 123,584 61,792   61,792
c Other professional fees (attach schedule).... 4,958,530 2,974,869   1,983,661
17 Interest............... 747,120 747,120   0
18 Taxes (attach schedule) (see instructions)... 1,409,704 91,905   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 21,433 10,717   10,716
21 Travel, conferences, and meetings....... 1,061,730 106,173   955,557
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 4,457,408 4,412,455   12,652
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,897,964 8,428,722   3,119,142
25 Contributions, gifts, grants paid....... 18,906,140 18,906,140
26 Total expenses and disbursements. Add lines 24 and 25 31,804,104 8,428,722   22,025,282
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 24,683,452
b Net investment income (if negative, enter -0-) 34,094,897
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............. 100 100 100
2 Savings and temporary cash investments......... 12,891,759 1,954,773 1,954,773
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) 62,139,117 0 0
b Investments—corporate stock (attach schedule)....... 192,329,887 Click to see attachment
List of Attached Documents:
// Content
208,092,546
135,220,615
c Investments—corporate bonds (attach schedule)....... 68,878,621 Click to see attachment
List of Attached Documents:
// Content
133,647,495
133,647,495
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).......... 371,052,544 Click to see attachment
List of Attached Documents:
// Content
389,459,058
414,044,132
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
27,152
Click to see attachment
List of Attached Documents:
// Content
846,608
Click to see attachment
List of Attached Documents:
// Content
846,608
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 707,319,180 734,000,580 685,713,723
Liabilities 17 Accounts payable and accrued expenses.......... 3,111  
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
2,828,116
Click to see attachment
List of Attached Documents:
// Content
2,549,322
23 Total liabilities (add lines 17 through 22)......... 2,831,227 2,549,322
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........ 250,312,257 250,312,257
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 454,175,696 481,139,001
29 Total net assets or fund balances (see instructions)..... 704,487,953 731,451,258
30 Total liabilities and net assets/fund balances (see instructions). 707,319,180 734,000,580
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
704,487,953
2
Enter amount from Part I, line 27a .....................
2
24,683,452
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,704,369
4
Add lines 1, 2, and 3 ..........................
4
731,875,774
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
424,516
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
731,451,258
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 PUBLICALLY TRADED SECURITIES 0633 P    
b PUBLICALLY TRADED SECURITIES 5875 P    
c PUBLICALLY TRADED SECURITIES 7277 P    
d PUBLICALLY TRADED SECURITIES 8953 P    
e PUBLICALLY TRADED SECURITIES 9267 P    
AG REALTY VALUE FUND X K-1 P    
AG REALTY VALUE FUND XI K-1 P    
BLOCKCHANGE FUND SERIES 4 K-1 P    
FUND I K-1 P    
GARMARK SBIC FUND K-1 P    
H SQUARED HOLDING PARTNERS LP K-1 P    
GARMARK SBIC FUND II K-1 P    
HPS OFFSHORE MEZZANINE PARTNERS 2019 K-1 P    
HPS OFFSHORE STRATEGIC INVESTMENT PARTNERS K-1 P    
HUMAN VENTURES FUND I K-1 P    
LINCOLNSHIRE EQUITY FUND K-1 P    
MAKENA CAPITAL SPLITTER X K-1 P    
MPLX LP K-1 P    
NOTVCS LP I K-1 P    
OSSAGE UNIVERSITY PTR I K-1 P    
OSSAGE UNIVERSITY PTR II K-1 P    
OSSAGE UNIVERSITY PTR II K-1I P    
OSSAGE VENTURE PARTNERS III K-1 P    
OSAGE VENTURE PARTNERS V K-1 P    
PHIFUND LP K-1 P    
SHRUG II LP K-1 P    
SK CAPITAL PARTNERS III K-1 P    
SKCP III ANGEL AIV LP K-1 P    
SKCP III DIONYSUSU AIV K-1 P    
SKCP III SPICE AIV K-1 P    
TWELVE BELOW I LP K-1 P    
ZIGG CAPITAL II LP K-1 P    
HPS OFFSHORE MEZZANINE PARTNERS 2019 EXCESS DISTRIBUTION P    
EQUI CORP - GAIN ON RESCTRUCTURING P    
SKCP III BLUE EXCESS DISTRIBUTION P    
SKCP III GLADES EXCESS DISTRIBUTION P    
CAPITAL BLOCKER Y GAIN ON REDEMPTION P    
BAIN CAIPTAL DSS 2019 B MASTER EXCESS DISTRIBUTION P    
FIDELITY - CASH IN LIEU P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 300,000   300,000 0
b 3,807,035   3,484,097 322,938
c 57,000,000   57,000,000 0
d 10,905,658   9,009,201 1,896,457
e 7,745,185   3,326,575 4,418,610
202,117     202,117
    78,958 -78,958
    3,553 -3,553
    1,001 -1,001
383,568     383,568
13,110,076     13,110,076
208,896     208,896
267,418     267,418
234     234
    282,013 -282,013
    3,513 -3,513
402,579     402,579
8,863     8,863
    2,143 -2,143
    73,907 -73,907
    3,609 -3,609
27,647     27,647
    18,294 -18,294
    337,079 -337,079
    223,522 -223,522
    8,166 -8,166
    79 -79
    662 -662
    377 -377
    179 -179
    521,709 -521,709
    5,184 -5,184
1,379,335     1,379,335
435     435
1,164     1,164
210     210
52,266     52,266
255,601     255,601
118     118
643,561     643,561
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       0
b       322,938
c       0
d       1,896,457
e       4,418,610
      202,117
      -78,958
      -3,553
      -1,001
      383,568
      13,110,076
      208,896
      267,418
      234
      -282,013
      -3,513
      402,579
      8,863
      -2,143
      -73,907
      -3,609
      27,647
      -18,294
      -337,079
      -223,522
      -8,166
      -79
      -662
      -377
      -179
      -521,709
      -5,184
      1,379,335
      435
      1,164
      210
      52,266
      255,601
      118
      643,561
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 22,018,145
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) 1 473,919
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........................... 3 473,919
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- ..... 5 473,919
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 691,516
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 2,549
7 Total credits and payments. Add lines 6a through 6d.............. 7 694,065
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 10 220,146
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow220,146 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
Yes
 
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowNADINE ELLERTHORPE Telephone no.right arrow (973) 984-3352

Located atright arrow180 PARK AVENUE SUITE 201FLORHAM PARKNJ ZIP+4right arrow07932
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
Yes
 
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
No
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
FREDERIC POSES TRUSTEE
5.00
0 0 0
180 PARK AVENUE 201
FLORHAM PARK,NJ07932
NADINE ELLERTHORPE TREASURER
5.00
0 0 0
180 PARK AVENUE 201
FLORHAM PARK,NJ07932
R BRUCE FISHER TRUSTEE
5.00
0 0 0
180 PARK AVENUE 201
FLORHAM PARK,NJ07932
MICHAEL KOSNITZKY TRUSTEE
5.00
0 0 0
180 PARK AVENUE 201
FLORHAM PARK,NJ07932
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
POSES ADVISORY SERVICES INC INVESTMENT MANAGER 4,954,128
180 PARK AVENUE 201
FLORHAM PARK,NJ07932
PILLSBURY WINTHROP SHAW PITTMAN LLP LEGAL 109,873
31 W 52ND ST
NEW YORK,NY10019
MARINER WEALTH ADVISORS TAX AND 401(K) MANAGMENT 90,000
5700 WEST 112TH ST SUITE 500
OVERLAND PARK,KS66211
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 0
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
650,274,877
b
Average of monthly cash balances.......................
1b
16,582,433
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
666,857,310
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
666,857,310
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
10,002,860
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
656,854,450
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
32,842,723
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
32,842,723
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
473,919
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
473,919
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
32,368,804
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
32,368,804
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
32,368,804
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
22,025,282
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
22,025,282
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 32,368,804
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 20,644,201
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$ 22,025,282
a Applied to 2023, but not more than line 2a 20,644,201
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..... 1,381,081
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 ..........
30,987,723
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).)
FREDERIC POSES
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

92ND ST YM & YWHA

1395 LEXINGTON AVE
NEW YORK,NY10128
NONE PC GENERAL 25,000

ADAM J LEWIS ACADEMY

500 STATE STREET
BRIDGEPORT,CT06604
NONE PC GENERAL 25,000

ALPORT SYNDROME FOUNDATION

PO BOX 4130
SCOTTSDALE,AZ85261
NONE PC GENERAL 5,000

ALZHEIMER'S FOUNDATION OF AMERICA

322 8TH AVE
NEW YORK,NY10001
NONE PC GENERAL 25,000

CACF

50 BROAD ST 18TH FLOOR
NEW YORK,NY10004
NONE PC GENERAL 5,000

CALVARY HOSPITAL

1740 EASTCHESTER RD
BRONX,NY10461
NONE PC GENERAL 25,000

CAMP RAMAH IN NEW ENGLAND

1206 BOSTON PROVIDENCE HIGHWAY 201
NORWOOD,MA02062
NONE PC GENERAL 100,000

CANCER SUPPORT TEAM

2900 WESTCHESTER AVE 103
PURCHASE,NY10577
NONE PC GENERAL 1,000

CATA

4615 TRANTER ST
LANSING,MI48910
NONE PC GENERAL 60,000

CATHOLIC CHARITIES OF THE ARCHDIOCESE OF NEWARK

590 N 7TH ST
NEWARK,NJ07107
NONE PC GENERAL 2,500

CENTER FOR EUROPEAN POLICY ANALYSIS

1275 PENNSYLVANIA AVE NW STE 400
WASHINGTON,DC20004
NONE PC GENERAL 350,000

CENTRAL SYNAGOGUE

652 LEXINGTON AVE
NEW YORK,NY10022
NONE PC GENERAL 303,340

CHILD MIND INSTITUTE

101 E 56TH ST
NEW YORK,NY10022
NONE PC GENERAL 10,000

CLASSIC STAGE COMPANY

136 E 13TH STREET
NEW YORK,NY10003
NONE PC GENERAL 50,000

COLUMBIA UNIVERSITY RESEARCH

622 W 113TH ST
NEW YORK,NY10027
NONE PC GENERAL 200,000

COMMUNITY FOUNDATION OF NJ

PO BOX 338
MORRISTOWN,NJ07963
DAF PC GENERAL 2,000,000

DENNISTON HILL

PO BOX 728
GLEN WILD,NY12738
NONE PC GENERAL 10,000

DRAWING CENTER

35 WOOSTER ST
NEW YORK,NY10013
NONE PC GENERAL 160,000

EAGLE HILL SCHOOL

45 GLENVILLE RD
GREENWICH,CT06831
NONE PC GENERAL 10,000

EAST END HOSPICE

PO BOX 1048
WESTHAMPTON BEACH,NY11978
NONE PC GENERAL 5,000

FEDERATION OF CHILDREN W SPECIAL NEEDS

529 MAIN ST STE 1M3
BOSTON,MA02129
NONE PC GENERAL 5,000

FRIENDS OF HUDSON RIVER PARK

305 7TH AVE 12TH
NEW YORK,NY10001
NONE PC GENERAL 25,000

GILDA'S CLUB WESTCHESTER

80 MAPLE AVEENUE
WHITE PLAINS,NY10601
NONE PC GENERAL 25,000

GROOVE WITH ME

186 EAST 123RD ST 2ND FLOOR
NEW YORK,NY10035
NONE PC GENERAL 34,000

HORIZONS AT CT STATE NORWALK

PO BOX 244
NORWALK,CT06853
NONE PC GENERAL 10,000

IDEAL SCHOOL OF MANHATTAN

314 W 91ST ST
NEW YORK,NY10024
NONE PC GENERAL 15,000

INDIVIDUAL DONATIONS TO 501(C)(3) ENTITIES UNDER 5000 EACH

180 PARK AVENUE 201
FLORHAM PARK,NJ07932
NONE PC GENERAL 120,000

IYENGAR YOGA ASSOCIATION OF GREATER NY

227 W 13TH ST 2ND FLOOR
NEW YORK,NY10011
NONE PC GENERAL 10,000

JED FOUNDATION

1140 BROADWAY SUITE 803
NEW YORK,NY10001
NONE PC GENERAL 333,000

JOB PATH

256 W 38TH STREET 2
NEW YORK,NY10018
NONE PC GENERAL 25,000

JUVENILE DIABETES RESEARCH FOUNDATION

200 VESEY STREET 28TH FLOOR
NEW YORK,NY10281
NONE PC GENERAL 25,000

LARCHMONT MAMARONECK HUNGER TASK FORCE

955 MAMARONECK AVENUE
MAMARONECK,NY10543
NONE PC GENERAL 5,000

LEE PESKY LEARNING CENTER

3324 ELDER STREET
BOISE,ID83705
NONE PC GENERAL 10,000

MATAN

520 EIGHTH AVENUE 15TH FLOOR
NEW YORK,NY10018
NONE PC GENERAL 25,000

MOUNT SINAI MEDICAL CENTER FOUNDATION

ONE GUSTAVE L LEVY PLACE
NEW YORK,NY10029
NONE PC GENERAL 150,000

MOVING FORWARD

27 W ANAPAMU ST
SANTA BARBARA,CA93101
NONE PC GENERAL 15,000

MY SISTERS PLACE

221 MAIN STREET 4TH FLR
HARTFORD,CT06106
NONE PC GENERAL 10,000

NATIONAL BREAST CANCER COALITION FUND

2001 L ST NW STE 500
WASHINGTON,DC20036
NONE PC GENERAL 125,000

NEW MUSEUM

235 BOWERY
NEW YORK,NY10002
NONE PC GENERAL 42,500

NEW YORK RESTORATION PROJECT

254 W 31ST STREET 10TH FLOOR
NEW YORK,NY10001
NONE PC GENERAL 50,000

NEW YORK UNIVERSITY - NYU

547 LAGUARDIA PLACE
NEW YORK,NY10012
NONE PC GENERAL 200,000

PARTNERSHIP FOR PUBLIC SERVICE

1100 NEW YORK AVE NW SUITE 200 EAST
WASHINGTON,DC20005
NONE PC GENERAL 333,000

PASE

120 BROADWAY SUITE 230
NEW YORK,NY10271
NONE PC GENERAL 200,000

PERFORMA

100 WEST 23RD STREET
NEW YORK,NY10011
NONE PC GENERAL 15,000

PLANNED PARENTHOOD FEDERATION OF AMERICA

123 WILLIAMS STREET 10TH FLOOR
NEW YORK,NY10038
NONE PC GENERAL 1,500

PRATHAM USA

9703 RICHMOND AVE
HOUSTON,TX77042
NONE PC GENERAL 25,000

PROJECT RENEWAL

200 VARICK STREET
NEW YORK,NY10014
NONE PC GENERAL 518,000

RIVERVIEW SCHOOL

1-50 51ST AVENUE
LONG ISLAND CITY,NY11101
NONE PC GENERAL 175,981

SANCTUARY FOR FAMILIES

P O BOX 1406 WALL STREET STATION
NEW YORK,NY10268
NONE PC GENERAL 25,000

SARATOGA WALDORF SCHOOL

122 REGENT ST
SARATOGA SPRINGS,NY12866
NONE PC GENERAL 5,000

SAVE THE CHILDREN

501 KINGS HWY E - SUITE 400
FAIRFIELD,CT06825
NONE PC GENERAL 11,000

SHARE OUR STRENGTH

1030 15TH STREET NW
WASHINGTON,DC20005
NONE PC GENERAL 793,500

SHEFA SCHOOL

40 E 29TH STREET
NEW YORK,NY10016
NONE PC GENERAL 600,000

SPECIAL OLYMPICS OF NEW YORK

94 NEW KARNER ROAD SUITE 208
ALBANY,NY12203
NONE PC GENERAL 10,000

ST AUGUSTINE'S CHURCH

45 HENDERSON ROAD
KENDALL PARK,NJ08824
NONE PC GENERAL 2,500

ST IGNATIUS SCHOOL

740 MANIDA ST
BRONX,NY10474
NONE PC GENERAL 1,500

ST JUDE'S CHILDREN'S RESEARCH HOSPITAL

262 DANNY THOMAS PLACE
MEMPHIS,TN38105
NONE PC GENERAL 5,000

STORM KING ARTS CENTER

1 MUSEUM RD
NEW WINDSOR,NY12553
NONE PC GENERAL 25,000

SYLVIA RIVERA LAW PROJECT

147 W 24TH ST 5TH FL
NEW YORK,NY10011
NONE PC GENERAL 54,500

TEMPLE BETH SHOLOM

5995 N WICKHAM RD
MELBOURNE,FL32940
NONE PC GENERAL 18,500

THE OLANA PARTNERSHIP

PO BOX 199
HUDSON,NY12534
NONE PC GENERAL 15,000

UNDERSTOOD FOR ALL INC

96 MORTON STREET FLOOR 5
NEW YORK,NY10014
NONE PC GENERAL 10,670,000

VARIOUS SMALL CONTRIBUTION UNDER 100

180 PARK AVENUE 201
MIAMI BEACH,NJ07932
NONE PC GENERAL 1,486

WESTHAMPTON BEACH PERFORMING ARTS CENTER

76 MAIN STREET
WESTHAMPTON BEACH,NY11978
NONE PC GENERAL 15,000

WHITNEY MUSEUM OF AMERICAN ART

99 GANSEVOORT STREET
NEW YORK,NY10014
NONE PC GENERAL 750,833

WORLD CENTRAL KITCHEN INC

200 MASSACHUSETTS AVE NW 7TH FLOOR
WASHINGTON,DC20001
NONE PC GENERAL 2,500
Total .................................right arrow 3a 18,906,140
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 9,822,468  
4 Dividends and interest from securities ....     14 9,364,164  
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 .....     01 1,319,893  
8 Gain or (loss) from sales of assets other than
inventory ............
    18 22,018,145  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory 900003        
11 Other revenue:
aUBTI FROM PARTNERSHIPS
900099 424,516      
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 424,516 42,524,670 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
42,949,186
(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
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE POSES FAMILY FOUNDATION
 
Employer identification number

20-6375470
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE POSES FAMILY FOUNDATION
 
Employer identification number
20-6375470
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
POSES 2008 FAMILY TRUST
 
PO BOX 2630
 
WESTPORT, CT06880

$ 500,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
POSES 2008 FAMILY TRUST
 
PO BOX 2630
 
WESTPORT, CT06880

$ 7,951,628


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
3
POSES CHARITABLE INCOME TRUST
 
PO BOX 2630
 
WESTPORT, CT06880

$ 5,086,742


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE POSES FAMILY FOUNDATION
 
Employer identification number

20-6375470
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
2
19.8% INTEREST IN 12 BELOW I LP - EIN 87-1711273 - BASIS OF $7,951,628 $ 7,951,628 2024-12-31
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
3
16.7021% OF CULDESAC OPPORTUNITY FUND I LP - EIN 83-1627280 BASIS OF $5,086,742 $ 5,086,742 2024-12-31
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE POSES FAMILY FOUNDATION
 
Employer identification number

20-6375470
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
THE POSES FAMILY FOUNDATION
EIN:
20-6375470
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING, TAX & RECORDKEEPING 123,584 61,792   61,792

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE POSES FAMILY FOUNDATION
EIN:
20-6375470
Name of Bond End of Year Book Value End of Year Fair Market Value
FIMM GOVERNMENT PORTFOLIO: CLASS I 20,297,425 20,297,425
FIMM TREASURY PORTFOLIO: INSTL CL 113,350,070 113,350,070

TY 2024 InvestmentsCorpStockSchedule
Name:
THE POSES FAMILY FOUNDATION
EIN:
20-6375470
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBVIE INC 127,922 728,570
JOHNSON CONTROLS INTERNATIONAL PLC 4,080,500 4,735,800
JANUS HENDERSON GLOB TECH & INNOV I 1,528,984 1,971,347
ISHARES TR U.S. MED DVC ETF 1,000,485 1,326,529
HOOD RIVER SMALL CAP GROWTH FUND INSTL 2,532,406 3,374,204
HOME DEPOT INC 1,000,760 1,562,184
FIDELITY SELECT HEALTH CARE 2,021,664 1,839,866
GOLDMAN SACHS GROUP INC 2,088,214 3,435,720
JPMORGAN CHASE & CO 3,753,207 7,143,358
EXXON MOBIL CORP 1,783,424 2,576,302
ELI LILLY AND CO 16,603 319,608
DUKE ENERGY CORP NEW COM NEW 1,001,196 1,264,544
DISNEY WALT CO COM 9,218,351 8,239,900
HANNON ARMSTRONG SUSTAINABLE INFL COM 812,028 1,153,690
COCA COLA CO 651,226 890,318
MPLX LP COM UNIT REP LTD 4,956,020 6,891,840
OBERWEIS SMALL CAP OPPORTUNITIES INSTL 2,639,381 3,017,996
PROCTER AND GAMBLE CO COM 644,330 1,190,315
READY CAPITAL CORP 5,511,471 1,841,407
SONOCO PRODS CO 249,600 405,455
UNITED PARCEL SERVICE 1,994,553 1,248,390
UTILITIES SELECT SECTOR SPDR FUND 1,000,201 1,289,606
WASTE MANAGEMENT INC 591,728 3,733,115
MERCK & CO 2,811,777 5,172,960
CHEVRON CORP NEW COM 3,822,967 5,275,797
INVESCO EXCHANGE TRADED FD TR 1,250,165 2,524,060
ALPHABET INC CAP STK CL C 1,598,866 5,507,525
AMAZON.COM INC 5,986,148 7,898,040
BRISTOL MYERS SQUIBB 1,233,448 2,092,720
BLACKSTONE MORTGAGE TRU-CL A 3,033,556 1,566,900
BROOKFIELD ASSET MANAGEMENT LTD CLASS A 693,981 2,557,009
APPLE INC 3,336,087 6,665,429
BOEING CO COM 2,293,141 2,407,200
BANK OF AMERICA CORP 1,253,861 1,997,528
BROOKFIELD CORP CLASS A FMRLY ASSET MNGMT FUND 2,878,830 10,769,290
BOOK TAX APPRECIATION ON DONATIONS 109,036,568 0
AEGIS VALUE FUND INC 2,690,830 2,538,224
BRANDES INTL SMALL CAP EQUITY I 2,507,693 2,525,986
FMC CORP COM 2,894,881 2,430,500
GOLUB CAP BDC INC 4,027,944 3,941,600
ISHARES BITCOIN TRUST ETF 3,862,553 6,094,915
SCHLUMBERGER LIMITED COM 3,674,996 3,074,868

TY 2024 InvestmentsOtherSchedule2
Name:
THE POSES FAMILY FOUNDATION
EIN:
20-6375470
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SK TITAN LP/ASCEND AT COST 42,448,863 0
OSAGE UNIVERSITY PARTNERS III LP AT COST 1,718,677 4,144,114
SK CAPITAL PARTNERS III AT COST 288,858 940,914
SHRUG II LP (ANGELLIST) AT COST 70,488 100,000
OSAGE VENTURE PARTNERS III LP AT COST 706,562 1,171,720
POSITIVE DEVELOPMENT INC AT COST 99,999 99,999
PLANET 9 STUDIOS AT COST 12,060,275 8,000,000
PHIFUND LP AT COST 3,191,730 3,830,462
SUPERGREAT (HUDDLE LABS, INC.) AT COST 25,000 50,000
ARTWORK AT COST 1,630,208 1,630,208
OSAGE UNIVERSITY PARTNERS IV LP AT COST 323,492 402,060
OSAGE VENTURE PARTNERS V LP AT COST 2,626,677 2,773,608
CERBERUS OFFSHORE LEVERAGED LOAN OPP FUND II AT COST 426,272 758,423
TECHSTARS BOULDER 2015 AT COST 35,666 35,666
ZIGG CAPITAL II LP AT COST 4,963,962 5,117,831
ZIGG CAPITAL I LP AT COST 4,707,599 8,382,685
AG CREDIT SOLUTIONS II LP AT COST 6,557,365 9,291,173
WARANA SP OFFSHORE FUND SPC - 2021 (PACKABLE/HTPA) AT COST 7,500,000 7,500,000
WARANA SP OFFSHORE FUND SPC - 2019 AT COST 7,519,900 2,768,056
WARANA CO-INVESTMENT FUND III OFFSHORE LP AT COST 1,487,500 2,675,898
WARANA CO-INVESTMENT FUND II OFFSHORE LP AT COST 2,055,900 2,249,779
AG CS HOLDING FUND LP AT COST 4,898,579 3,701,173
AG DIRECT LENDING FUND IV, LP AT COST 6,134,317 8,238,071
AG NET LEASE REALTY FUND II AT COST 432,398 432,398
AG REALTY FUND XI AT COST 3,480,507 4,080,344
AG REALTY VALUE FUND X AT COST 5,910,342 5,681,681
ALCOVA CAPITAL YIELD PREMIUM FUND LP AT COST 5,379,587 5,164,397
ALCOVA EQUITY LLC TREVOSE PA SERIES AT COST 3,068,045 5,000,000
TQ VENTURES III GROWTH LP AT COST 3,207,000 4,953,117
TQ VENTURES III EARLY LP AT COST 1,070,523 1,575,495
TOURBILLON GLOBAL EQUITIES, LTD AT COST 1,677,385 1,677,385
OSAGE UNIVERSITY PARTNERS II LP AT COST 1,487,655 1,526,761
TECHSTARS ACCELERATOR INVESTMENT AT COST 98,502 98,502
OSAGE UNIVERSITY PARTNERS I LP AT COST 562,048 1,047,632
MAVEN CLINIC (FKA BRIGHT PARENTING) AT COST 100,000 200,000
NOTVC'S LP-1 AT COST 507,041 550,000
BOWERY FARMING INC AT COST 9,999,996 9,999,996
H SQUARED HOLDINGS PARTNERS AT COST 95,860,381 95,860,381
GOLUB CAPITAL PARTNERS INTL ROLLOVER FUND 2 LP AT COST 3,197,607 13,125,000
GOLUB CAPITAL PARTNERS INTERNATIONAL 14 LP AT COST 2,966,212 4,500,000
GOLUB CAPITAL PARTNERS INTERNATIONAL 12 LP AT COST 5,531,604 9,000,000
GOLUB CAPITAL PARTNERS INTERNATIONAL 11 LP AT COST 3,404,141 7,437,500
GOALLY INC AT COST 1,262,924 600,000
HPS OFFSHORE MEZZANINE PARTNERS 2019 LP AT COST 6,842,125 6,017,555
GEMS FUND 5 INTERNATIONAL LP AT COST 2,891,878 3,160,254
GARMARK SBIC FUND AT COST 11,581,738 4,965,773
CASTLE PEAK FUND I AT COST 7,855,293 7,728,853
CASTLE PEAK HOLDINGS LLC AT COST 50,950 50,000
CASTLE PEAK HOLDINGS QOZ FUND LLC AT COST 1,624,579 1,493,720
DIFFERENCE PARTNERS FUND I AT COST 13,968,228 21,525,588
DAIVERGENT INC AT COST 500,000 500,000
CASTLE PEAK TRAILBORN HOSPITALITY LLC AT COST 516,001 550,000
GARMARK SBIC II FUND AT COST 5,144,575 4,194,474
HPS STRATEGIC INVESTMENT PARTNERS V AT COST 6,011,738 7,098,827
HUMAN VENTURES FUND I, LP AT COST 2,955,694 4,915,933
ZIGG CAPITAL III LP AT COST 669,764 681,415
MU VENTURES LP AT COST 397,217 425,000
CERBERUS OFFSHORE LEVERAGED LOAN OPP FUND IV AT COST 1,363,964 4,817,579
MAKENA CAPITAL SPLITTER X AT COST 7,959,423 5,573,321
LINCOLNSHIRE EQUITY FUND V-A LP AT COST 3,311,296 5,174,573
LCP IX (OFFSHORE), LP AT COST 5,604,081 9,829,095
KG SPECIAL OPPORTUNITIES FUND LP AT COST 23,712 898
KG EUROPEAN OPPORTUNITY FUND LP - SERIES A AT COST 4,813,332 4,729,148
JUNIPER SOLUTIONS AT COST 100,000 100,000
JOSHIN INC AT COST 250,000 250,000
BLANKET, INC. AT COST 50,000 50,000
BLOCKCHANGE VENTURES III LP AT COST 8,049,078 9,917,305
JDS THERAPEUTICS. LLC AT COST 7,020,677 400,000
JAYNE B COMPANY AT COST 349,999 349,999
BAIN CAPITAL DSS - 19 AT COST 3,757,850 6,754,688
ZIGG SPR OPPORTUNITY I, LP AT COST 324,017 183,758
ALCOVA CAPITAL - ITHACA BREEZE (CORNELL STUDENT HOUSING) AT COST 3,194,951 4,000,000
ALCOVA CAPITAL - ROYERSFORD JUNIOR LOAN 2 AT COST 2,000,000 2,000,000
BLACKSTONE SECURED LENDING CF AT COST 0 5,815,800
CULDESAC OPPORTUNITY FUND I, LP AT COST 5,086,801 7,433,234
GEMS FUND 6 INTERNATIONAL LP AT COST 2,805,506 2,805,506
KG EUROPEAN OPPORTUNITY FUND LP - SERIES B AT COST 0 2,720,844
MAKENA ENDOWMENT FUND - CAPITAL BLOCKER Y AT COST 0 1,234,049
TWELVE BELOW I, LP AT COST 7,702,804 10,443,027
WARANA - WSS KINGS OFFSHORE LP AT COST 4,000,000 4,404,282
WARANA 2023 OFFSHORE FUND LP AT COST 0 12,198,047
WARANA SP OFFSHORE FUND SPC - 2021 AT COST 0 3,179,158

TY 2024 LegalFeesSchedule
Name:
THE POSES FAMILY FOUNDATION
EIN:
20-6375470
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 118,455 23,691   94,764


TY 2024 OtherAssetsSchedule
Name:
THE POSES FAMILY FOUNDATION
EIN:
20-6375470
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
FUNDS IN TRANSIT 27,152 846,608 846,608


TY 2024 OtherDecreasesSchedule
Name:
THE POSES FAMILY FOUNDATION
EIN:
20-6375470
Description Amount
UBTI FROM PARTNERSHIPS 424,516


TY 2024 OtherExpensesSchedule
Name:
THE POSES FAMILY FOUNDATION
EIN:
20-6375470
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AG CS HOLDING FUND K-1 5,758 5,758   0
AG REALTY VALUE FUND X, LP 57,629 57,629   0
AG REALTY VALUE FUND XI, LP 48,505 48,505   0
ALCOVA CAPITAL YIELD PREM FUND 8,331 8,331   0
BLOCKCHANGE VENTURES III K-1 (SERIES 2) 16,366 16,366   0
BLOCKCHANGE VENTURES III K-1 (SERIES 3) 16,034 16,034   0
BLOCKCHANGE VENTURES III K-1 (SERIES 4) 17,100 17,100   0
BLOCKCHANGE VENTURES III K-1 (SERIES 5) 11,425 11,425   0
BLOCKCHANGE VENTURES III K-1 (SERIES 6) 14,872 14,872   0
BLOCKCHANGE VENTURES III K-1 (SERIES 7) 34,833 34,833   0
BLOCKCHANGE VENTURES III K-1 (SERIES 8) 10,640 10,640   0
DUES / SUBSCRIPTIONS / COPIES /DUPLICATING 588 294   294
CASTLE PEAK HOLDINGS QOZ 951 951   0
FUND I MU VENTURES 12,155 12,155   0
CULDESAC OPPORTUNITY FUND 49 49   0
GARMARK SBIC II - K-1 144,369 144,369   0
GARMARK SBIC K-1 209,618 209,618   0
H SQUARED HOLDINGS PARTNERS LP 2,140,002 2,140,002   0
HPS OFFSHORE MEZZANINE PARTNERS 2019 K-1 11,341 11,341   0
HPS OFFSHORE STRATEGIC INVESTMENT PTRS V K-1 9,087 9,087   0
HUMAN VENTURES FUND I K-1 22,740 22,740   0
INSURANCE 18,141 9,070   9,071
KG EUROPEAN OPPORTUNITY FUND K1 57,202 57,202   0
KG SPECIAL OPPORTUNITIES FUND K1 3,908 3,908   0
LINCOLNSHIRE EQUITY FUND V-A K-1 49,853 49,853   0
MAKENA CAPITAL SPLITTER X LP K1 256,072 256,072   0
NON DEDUCTIBLE K-1 EXPENSES 32,301 0   0
NOT VCS LP I 22,175 22,175   0
OFFICE EXPENSE 4,158 2,079   2,079
OSAGE UNIVERSITY PARTNERS I LP 1,720 1,720   0
OSAGE UNIVERSITY PARTNERS II LP 25,800 25,800   0
OSAGE UNIVERSITY PARTNERS III LP 70,349 70,349   0
OSAGE UNIVERSITY PARTNERS IV LP 58,701 58,701   0
OSAGE VENTURE PARTNERS III LP K1 13,286 13,286   0
OSAGE VENTURE PARTNERS V LP K1 110,228 110,228   0
PHIFUND LP 109,636 109,636   0
POSTAGE AND DELIVERY 82700 2,416 1,208   1,208
SHRUG II K-1 188 188   0
SK CAPITAL PARTNERS III LP K1 8,695 8,695   0
SK TITAN K1 7,970 7,970   0
SKCP III ANGEL AIV LP K1 179 179   0
SKCP III BLUE AIV LP K-1 268 268   0
SKCP III GLADES AIV LP K1 258 258   0
SKCP III GROUNDHOG AIV K-1 297 297   0
TQ VENTURES III EARLY LP 69,905 69,905   0
TQ VENTURES III GROWTH LP 206,402 206,402   0
TRAILBORN HOSPITALITY LLC K-1 23,179 23,179   0
TWELVE BELOW I LP 127,553 127,553   0
ZIGG CAPITAL I K1 84,952 84,952   0
ZIGG CAPITAL II K1 166,163 166,163   0
ZIGG CAPITAL III K1 130,347 130,347   0
ZIGG SPR OPPORTUNITY I LLC - K-1 2,713 2,713   0


TY 2024 OtherIncomeSchedule2
Name:
THE POSES FAMILY FOUNDATION
EIN:
20-6375470
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
AG CS HOLDING FUND LP 600,754 600,754 600,754
AG REALTY VALUE FUND X LP K-1 111,144 111,144 111,144
AG REALTY VALUE FUND XI LP K-1 40,850 40,850 40,850
GARMARK SBIC FUND II LP 5,589 5,589 5,589
GARMARK SBIC FUND LP 192,535 192,535 192,535
HPS OFFSHORE MEZZANINE PARTNERS 2019 LP K-1 180,613 180,613 180,613
HPS OFFSHORE STRATEGIC INVESTMENT PARTNERS V LP 52,979 52,979 52,979
KG SPECIAL OPPORTUNITES FUND LLC - K1 -5 -5 -5
MAKENA CAPITAL SPLITTER - ROYALTIES 15,860 15,860 15,860
MAKENA CAPITAL SPLITTER X 77,677 77,677 77,677
PHI FUND -35 -35 -35
SHRUG II CAPITAL FUNDS 1,884 1,884 1,884
SKCP III GLADES AIV LP 48 48 48
ALCOVA 1099 40,000 40,000 40,000
UBTI FROM PARTNERSHIPS 424,516   424,516


TY 2024 OtherIncreasesSchedule
Name:
THE POSES FAMILY FOUNDATION
EIN:
20-6375470
Description Amount
DIFFERENCE TAX/BOOK COST OF SECURITIES DONATED / SOLD 280,873
NON-DIVIDEND DISTRIBUTIONS 423,496
GRANT TO DAF - SET ASIDE FUND 2,000,000


TY 2024 OtherLiabilitiesSchedule
Name:
THE POSES FAMILY FOUNDATION
EIN:
20-6375470
Description Beginning of Year - Book Value End of Year - Book Value
CALLS / PUTS 778,928 0
PARTNERSHIPS WITH NEGATIVE CAPITAL BALANCES 2,049,157 2,535,677
CREDIT CARDS PAYABLE 31 13,645


TY 2024 OtherProfessionalFeesSchedule
Name:
THE POSES FAMILY FOUNDATION
EIN:
20-6375470
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 4,956,039 2,973,623   1,982,416
IT SUPPORT 83400 2,491 1,246   1,245


TY 2024 TaxesSchedule
Name:
THE POSES FAMILY FOUNDATION
EIN:
20-6375470
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX PAID 91,905 91,905   0
EXCISE TAX PAYMENTS 1,317,799 0   0