Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
The Tarnok Family Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address) 7 Brentwood Court
 
Room/suite
City or town
Mt KIsco
State or province
NY
Country  
ZIP or foreign postal code
10549
A Employer identification number

47-2321989
B Telephone number (see instructions)

9149464777
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$565,757
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) 310,032
2 Check .................
3 Interest on savings and temporary cash investments 7,797 7,797 7,797
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 56,274
b Gross sales price for all assets on line 6a 354,070
7 Capital gain net income (from Part IV, line 2)... 56,274
8 Net short-term capital gain......... 3,419
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 374,103 64,071 11,216
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 700 700 700  
c Other professional fees (attach schedule).... 4,331 4,331 4,331  
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 1,000 182 1,000  
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 22 22 22  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,053 5,235 6,053 0
25 Contributions, gifts, grants paid....... 168,050 168,050
26 Total expenses and disbursements. Add lines 24 and 25 ................ 174,103 5,235 6,053 168,050
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 200,000
b Net investment income (if negative, enter -0-) 58,836
c Adjusted net income (if negative, enter -0-)... 5,163
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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............. 8,916 82,542  
2 Savings and temporary cash investments.........      
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
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)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 671 14  
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 283,041 Click to see attachment
List of Attached Documents:
// Content
410,240
565,757
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 292,628 492,796 565,757
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 )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
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
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 292,628 492,796
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)..... 292,628 492,796
30 Total liabilities and net assets/fund balances (see instructions). 292,628 492,796
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
292,628
2
Enter amount from Part I, line 27a .....................
2
200,000
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
168
4
Add lines 1, 2, and 3 ..........................
4
492,796
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
492,796
Form 990-PF (2025)
Form 990-PF (2025)
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 216.452 Shares Vanguard Balanced Index Fund P 2023-01-06 2025-01-15
b 140 Shares Nvidia P 2018-12-04 2025-01-24
c Shares Vanguard Dividend Growth Fd P 2023-01-06 2025-03-25
d 206.101 Shares Vanguard Dividend Growth Fd P 2023-01-06 2025-03-27
e 200 Shares Nvidia P 2018-12-04 2025-05-12
161.803 Vanguard Dividend Growth Fd P 2023-01-06 2025-05-12
200 Shares Nvidia P 2018-12-04 2025-05-13
200 Shares Nvidia P 2018-12-04 2025-05-13
200 Shares Nvidia P 2018-12-04 2025-05-14
200 Shares Nvidia P 2018-12-04 2025-05-30
260.117 Nvidia P 2018-12-04 2025-06-12
.117 Nvidia P 2025-04-02 2025-06-12
72.718 Vanguard Dividend Growth Fd P 2025-01-01 2025-05-12
19.210 Vanguard Balanced Index Fund P 2025-01-01 2025-01-21
4.663 Airbnb P 2025-02-04 2025-10-25
11.443 Apploving Corp P 2025-01-28 2025-11-04
28.393 Chipotle Mexican Grill Inc P 2024-12-17 2025-08-26
9.917 Old Dominion Freight P 2025-04-29 2025-12-02
57.479 Plantir Technologies Inc P 2024-12-12 2025-11-04
.68 Paylocity Holding P 2025-02-04 2025-10-08
33 Pinterest Inc P 2025-03-12 2025-10-28
32.485 Robinhood Markets Inc P 2025-01-14 2025-11-04
2.960 TJX P 2024-10-08 2025-05-21
2.679 Vertiv Holdings LLC P 2024-12-10 2025-06-24
.957 Vistra Corp P 2025-06-27 2025-10-15
.707 W W Grainger Inc P 2025-03-18 2025-04-29
14.016 Abbvie Inc P 2020-05-11 2025-03-11
17.064 Accenture PLC P 2023-03-23 2025-07-21
1.692 Airbnb P 2024-07-30 2025-10-28
16.049 Autodesk Inc P 2023-01-10 2025-10-15
15.953 Charles River Labs Intl P 2023-01-10 2025-06-24
18.577 Crowdstrike Holdings P 2023-01-10 2025-10-15
4.829 Docusign Inc P 2021-03-15 2025-10-15
41.479 Dolby P 2020-08-12 2025-03-17
7.536 Hubspot P 2023-01-10 2025-10-14
1.266 Insulet Corp P 2023-01-10 2025-10-15
49.973 Ionis Pharmaceuticals Inc P 2023-01-10 2025-03-24
12.727 Johnson Controls International P 2021-02-03 2025-10-15
2.664 Liberty Media P 2023-01-10 2025-06-24
3.036 Liberty Media C P 2024-09-17 2025-10-15
2.451 L3Harris Technologies P 2023-01-10 2025-10-15
11.448 Mongodb Inc P 2024-03-12 2025-06-24
27.771 Old Dominion Freight P 2024-07-23 2025-12-02
10.323 Paylocity Holding P 2023-12-11 2025-10-14
26 Pinterest Inc P 2024-08-06 2025-10-28
1.333 Service Now Inc P 2023-10-02 2025-12-18
5.238 Snowflake Inc P 2023-01-10 2025-05-19
14.108 TE Connectivity P 2023-01-10 2025-10-21
2.798 TJX P 2024-10-08 2025-10-15
1.119 Vertex Pharmaceuticals P 2021-10-12 2025-02-25
4.190 Vertiv Holdings LLC P 2024-06-18 2025-10-21
42.887 Western Digital P 2020-08-12 2025-02-20
59.432 Broadcom P 2010-01-28 2025-11-19
26.394 Seagate Technology P 2010-08-23 2025-03-19
20.200 Unitedhealth Group P 2001-01-19 2025-08-05
6.652 Vertex Pharmaceuticals P 2010-07-27 2025-10-15
.740 Air Products and Chemicals P 2024-08-02 2025-01-28
1.072 Alphabet P 2024-07-23 2025-04-29
.428 American Tower Corp P 2024-11-07 2025-01-17
1.224 Apple Inc P 2024-08-28 2025-04-15
1.678 Avalonbay Comm Inc P 2025-08-06 2025-12-09
2.163 Becton Dickinson & Co P 2024-11-18 2025-11-14
.630 Capital One Financial Corp P 2024-04-23 2025-04-04
.280 Edison International P 2024-11-07 2025-08-08
3.632 Enbridge Inc P 2025-07-01 2025-11-07
5.161 EQT Corporation P 2024-11-07 2025-04-08
.792 Industria De Diseno Textile Ind P 2025-03-20 2025-06-25
.319 Johnson & Johnson P 2024-11-07 2025-01-17
1.045 JP Morgan Chase P 2024-07-29 2025-04-04
1.407 L3Harris Technologies P 2025-05-08 2025-10-16
8.824 Magnum Ice Cream P 2025-09-29 2025-12-11
4.090 Merck & Co P 2025-09-12 2025-12-17
.875 Nestle P 2024-05-31 2025-04-17
.493 Oracle P 2025-03-11 2025-10-30
.512 PPG P 2024-11-07 2025-03-27
.583 RTX Corporation P 2025-03-14 2025-06-09
3.423 Sempra P 2024-08-06 2025-08-06
.943 T-Mobile US Inc P 2025-04-29 2025-08-21
1.784 TE Connectivity P 2025-02-24 2025-11-13
.219 Unilever PLC P 2024-12-10 2025-12-09
1.351 Union Pacific Corp P 2024-12-16 2025-04-08
1.087 Unitedhealth Group P 2025-05-14 2025-09-15
.134 Vulcan Materials P 2025-03-11 2025-04-10
.414 Air Products and Chemicals P 2024-03-05 2025-04-07
10.289 American Internatinal Group P 2018-12-24 2025-03-24
.839 Apollo Global Management Inc P 2019-09-09 2025-01-16
1.068 Apple Inc P 2016-02-25 2025-04-15
3.705 Astrazeneca PLC P 2023-10-17 2025-12-02
3.606 Broadcom P 2020-03-13 2025-09-11
4.011 Capital One Financial Corp P 2023-03-13 2025-05-14
1.574 Coca Cola Co P 2016-09-30 2025-04-25
5.886 Diageo PLC P 2024-01-12 2025-08-14
12.288 Edison International P 2022-12-16 2025-10-08
27.731 Enbridge Inc P 2023-09-06 2025-12-10
9.440 EQT Corporation P 2024-09-17 2025-12-19
1.832 Free[prt=cpram P 2024-05-31 2025-07-14
12.171 General Motors P 2023-11-30 2025-06-05
9.199 Gilead Science P 2023-11-20 2025-02-11
.606 Johnson & Johnson P 2015-05-22 2025-01-17
4.032 JP Morgan Chase P 2023-03-13 2025-04-04
1.549 Linde PLC P 2018-01-24 2025-04-08
19.341 Merck & Co P 2013-05-22 2025-12-23
.644 Microsoft Corp P 2024-11-07 2025-12-15
5.738 Nestle P 2024-04-26 2025-11-14
.086 Northrop Grumman CP P 2020-10-29 2025-10-16
6.804 Oracle P 2020-10-26 2025-10-30
.629 PPG P 2020-03-20 2025-03-27
2.860 Procter & Gamble P 2015-08-25 2025-04-25
6.309 RTX Corporation P 2015-08-25 2025-10-22
6.284 SAP AG P 2022-11-02 2025-02-03
16.282 Sempra P 2021-07-01 2025-12-09
1.914 T-Mobile US Inc P 2023-09-14 2025-08-20
4.082 Travelers Companies P 2015-05-22 2025-11-14
.951 Union Pacific Corp P 2015-08-25 2025-04-08
.554 Unitedhealth Group P 2015-08-25 2025-09-15
1.666 Visa P 2017-08-28 2025-04-08
2.018 Vulcan Materials P 2018-12-20 2025-08-21
3.301 Walt Disney P 2024-11-07 2025-12-05
11.238 Williams Co Inc P 2017-02-28 2025-04-11
7 PPG P 2010-06-28 2025-04-28
2.010 Northrop Grumman CP P 2025-02-14 2025-10-17
Capital Gain Dividends      
(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 10,716   6,618 4,098
b 19,319   18,820 499
c 4,592   4,519 73
d 7,500   7,333 167
e 24,399   26,886 -2,487
5,797   5,759 38
25,000   26,886 -1,886
26,072   26,886 -814
27,000   26,886 114
28,404   26,886 1,518
37,700   34,952 2,748
17   13 4
2,610   2,659 -49
951   722 229
585   644 -59
4,336   4,248 88
1,206   1,755 -549
1,427   1,805 -378
7,767   5,746 2,021
106   144 -38
1,106   1,206 -100
3,156   1,456 1,700
388   335 53
322   326 -4
202   187 15
715   719 -4
2,766   1,180 1,586
4,995   4,678 317
217   235 -18
4,799   3,203 1,596
2,019   3,669 -1,650
8,231   1,756 6,475
331   1,043 -712
3,389   2,965 424
4,396   2,407 1,989
400   378 22
1,620   1,861 -241
1,159   645 514
250   146 104
314   237 77
656   496 160
2,256   4,413 -2,157
4,153   5,800 -1,647
1,565   1,619 -54
876   773 103
1,062   598 464
954   716 238
2,490   1,735 755
406   317 89
463   202 261
741   399 342
2,878   1,592 1,286
15,341   353 14,988
2,341   290 2,051
7,459   257 7,202
3,122   225 2,897
242   183 59
172   201 -29
81   95 -14
288   278 10
302   329 -27
422   503 -81
96   96  
15   23 -8
180   163 17
257   209 48
10   10  
47   50 -3
266   220 46
401   309 92
137   132 5
410   353 57
92   93 -1
128   71 57
57   65 -8
82   76 6
279   268 11
246   209 37
423   276 147
14   14  
283   319 -36
302   408 -106
31   30 1
107   99 8
791   393 398
138   32 106
216   25 191
341   272 69
908   78 830
679   477 202
113   67 46
603   1,025 -422
661   757 -96
1,328   1,032 296
506   313 193
84   96 -12
580   407 173
884   712 172
89   62 27
884   548 336
668   253 415
1,935   1,161 774
306   222 84
607   599 8
52   25 27
1,756   398 1,358
68   49 19
467   200 267
1,002   272 730
1,719   594 1,125
1,487   1,150 337
509   274 235
1,094   425 669
199   78 121
193   64 129
520   147 373
514   194 320
360   318 42
666   273 393
748   213 535
1,135   925 210
      848
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       4,098
b       499
c       73
d       167
e       -2,487
      38
      -1,886
      -814
      114
      1,518
      2,748
      4
      -49
      229
      -59
      88
      -549
      -378
      2,021
      -38
      -100
      1,700
      53
      -4
      15
      -4
      1,586
      317
      -18
      1,596
      -1,650
      6,475
      -712
      424
      1,989
      22
      -241
      514
      104
      77
      160
      -2,157
      -1,647
      -54
      103
      464
      238
      755
      89
      261
      342
      1,286
      14,988
      2,051
      7,202
      2,897
      59
      -29
      -14
      10
      -27
      -81
       
      -8
      17
      48
       
      -3
      46
      92
      5
      57
      -1
      57
      -8
      6
      11
      37
      147
       
      -36
      -106
      1
      8
      398
      106
      191
      69
      830
      202
      46
      -422
      -96
      296
      193
      -12
      173
      172
      27
      336
      415
      774
      84
      8
      27
      1,358
      19
      267
      730
      1,125
      337
      235
      669
      121
      129
      373
      320
      42
      393
      535
      210
       
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 56,274
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 3,419
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 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) 1 818
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  
3 Add lines 1 and 2........................... 3 818
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 818
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 832
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 832
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 14
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax14 Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
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
 
No
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)
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 2025 or the taxable year beginning in 2025? 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 addressN/A
14
The books are in care ofMichael Tarnok Telephone no. (914) 946-4777

Located at7 Brentwood CourtMt KiscoNY ZIP+410549
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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
Michael P Tarnok President
0.00
0    
7 Brentwood Court
Mt Kisco,NY10549
Maryann M Tarnok Vice President
0.00
0    
7 Brentwood Court
Mt KIsco,NY10549
Jeffrey P Tarnok Secretary
0.00
0    
7 Brentwood Court
Mt Kisco,NY10549
Alyssa Murphy Director
0.00
0    
160 Water Street Apt 17B
New York,NY10038
Frederic M Tarnok Director
0.00
0    
11350 Hawks Fern Dr
Riverview,FL33569
Steven Tarnok Director
0.00
0    
441 Washington Ave Apt 312
North Haven,CT06473
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...................  
Form 990-PF (2025)
Form 990-PF (2025)
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 arrow  
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.........................  
Form 990-PF (2025)
Form 990-PF (2025)
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
512,767
b
Average of monthly cash balances.......................
1b
11,984
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
524,751
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
 
3
Subtract line 2 from line 1d.........................
3
524,751
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
7,871
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
516,880
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
25,844
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
25,844
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
818
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
818
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
25,026
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
25,026
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
25,026
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, line 26, column (d) ..........
1a
168,050
b
Program-related investments—total from Part VIII-B..................
1b
 
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
168,050
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2024
(c)
2024
(d)
2025
1 Distributable amount for 2025 from Part X, line 7 25,026
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 87,586
b From 2021...... 108,298
c From 2022...... 115,270
d From 2023...... 110,908
e From 2024...... 142,743
f Total of lines 3a through e ........ 564,805
4Qualifying distributions for 2025 from Part
XI, line 4: $ 168,050
a Applied to 2024, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions) .....
 
c Treated as distributions out of corpus (Election
required—see instructions) ........
0
d Applied to 2025 distributable amount..... 25,026
e Remaining amount distributed out of corpus 143,024
5 Excess distributions carryover applied to 2025.    
(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 5 707,829
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
 
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......
 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 ..........
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) .......
 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ...
87,586
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ......
620,243
10 Analysis of line 9:
a Excess from 2021 .... 108,298
b Excess from 2022 .... 115,270
c Excess from 2023 .... 110,908
d Excess from 2024 .... 142,743
e Excess from 2025 .... 143,024
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c 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).)
Michael P Tarnok
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 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, 2b, 2c, and 2d. 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 (2025)
Form 990-PF (2025)
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
USO


625 Eighth Ave
New York,NY10018
None   Social Services 7,500
Northern Westchester Hospital Found


400 East Main Street
Mount Kisco,NY10549
None   Health Care 7,500
St Francis Breadline


144 West 32nd Street
New York,NY10001
None   Human Services 2,500
Bedford 2030 Coalition


PO Box 812
Bedford Hills,NY10507
None   Clean Energy 2,500
Mt Kisco Interfaith Food Pantry


PO Box 834
Mt Kisco,NY10549
None   Human Services 10,000
Boys and Girls Club of Mt Kisco


351 Main Street
Mount Kisco,NY10549
None   Inspire Young People 5,000
Community Center of Northern Westch


84 Bedford Rd
Katonah,NY10546
None   Human Services 5,000
Westmoreland Sanctuary


260 Chestnut Ridge Road
Mount Kisco,NY10549
None   Preservation of Natural Resources 10,000
Marsh Sanctuary


114 S Bedford Road
Mt Kisco,NY10549
None   Human Services 10,000
Mt Kisco Volunteeer Fire


PO Box 91
Mount Kisco,NY10549
None   Public Safety,Disaster Preparedness 100
Why Hunger


505 Eighth Ave
New York,NY10018
None   Multipurpose Human Services 10,000
Emergency Shelter Partnership


PO Box 427
Mount Kisco,NY10549
None   Provides short-term, emergency shelter during coldest five months of the winter 6,000
National Geographic


PO Box 98197
Washington,DC20077
None   Exploring and protecting our planet 700

Center of Hope Neighborhood Church

2395 Shamrock Drive
Venice,FL34293
None   Religious Organization 6,500
Feeding Westchester


200 Clearbrook Road
Elmsford,NY10523
None   End Hunger in Westchester County 5,000
ST Joseph's Church


25 Church St
Lincoln,NH03251
None   Religious 1,000
Metropolitan Ministries of Tampa


2002 North Florida Ave
Tampa,FL33602
None   Therapeputic recreation program for persons with developmental disabilities 7,500
Stephen Siller Tunnel to Towers Fdn


2361 Hylan Blvd
Staten Island,NY10306
None   Help First Responders 10,000
Congressional Medal of Honor


40 Patriots Point Road
Mount Pleasant,SC29464
None   Historical Museum 2,500
The Heritage Foundation


214 Massachusetts Ave NE
Washington,DC20077
None   Promote Public Policy 1,000
North East Westchester Special Recr


63 Bradhurst Avenue
Hawthorne,NY10532
None   Therapeutic recreation programs for children, teens and adults with developmental disabilities 2,500
Hillsdale College


33 E College St
Hillsdale,MI49242
None   Liberal arts College 750
National World War II Museum


945 Magazine Street
New Orleans,LA70130
None   Museum that tells story of war that changed the world. 1,000
Post-Morrow Foundation


PO Box 204
Brookhaven,NY11719
None   Preserve and conserve the rural, cultural and historical character of Brookhaven. 1,000
Mote Marine Laboratory


1600 Ken Thompson Parkway
Sarasota,FL34236
None   Marine research institution 5,000
Mt Kisco Historical Society


40 Green Steet
Mt Kisco,NY10549
None   Preservers and Educators about the history of Mt. Kisco 6,000
All Faiths Food Bank


8171 Blaike Ct
Sarasota,FL34240
None   Provides Meals through Programs and Partnerships with Hundreds of Charitable Organizations in Community 7,500
Military Working Dogs Heritage Muse


PO Box 54
Newport,TN37824
None   Preserve and exhibit world-class displays of America's miltary working dog history in order to inspire future generations 2,500
Bedford Playhouse


PO Box 777
Bedford,NY10506
None   Provides a vibrant, state of the art cinema, cultural center and community hub 1,500
Longboat Key Rotary Charitable Trus


PO Box 8351
Longboat Key,FL34228
None   A portal to service, where members gather carry out programs and projects that benefit the community and the world. 2,500
The WPF Camp Morty


201 Hawley Road
North Salem,NY10560
None   Camp Morty offers a quality outdoor residential camp experience for children residing in underserved communities in Westchester County. 7,500
New York University


44 West 4th St Suite 10-160
New York,NY10012
None   Top quality international center of scholarship teaching and research. Training and attacting outstanding faculty who are leaders in their fields. To provide an intellectually rich environment 1,000
Leukemia and Lymphoma Society


PO Box 22324
New York,NY10087
None   Cure Leukemia, Lymphoma,Hodgkin's disease and myeloma and improve the quality of life of patients and their families 2,500
TrickleUP


31 West 34th St - Suite 7001
New York,NY10001
None   Partner with women in extreme poverty to build economic opportunity and drive inclusion. 2,500
Westchester Land Trust Conservancy


403 Harris Road
Bedford,NY10507
    Protect and enhance natural spaces to sustain communities 5,000
Save Our Seabirds - LBK


1708 Ken Thompson Parkway
Sarasota,FL34236
    Rescue and Rehabilitation of sick and injured birds with goal of releasing them back into their natural habitats 500
Parkinson Foundation


5757 Waterford District Drive
Miami,FL33126
    Educating and empowering the Parkinson's community 2,500
NMEC


PO Box 96670
Washington,DC20077
    Provides assistance to victims, families, law enforcement, social service agencies, mental health agencies and others when they need help with a missing exploited or recovered child 5,000
A Good Dog Rescue - Ed Sinnott


218 Croton Dam Rd
Ossining,NY10562
    Rescuing dogs from high kill shelters and finding them good homes giving them a better life. 1,000
Total ................................. 3a 168,050
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
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 7,797  
4 Dividends and interest from securities ....     14    
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 56,274  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   64,071  
13Total. Add line 12, columns (b), (d), and (e)..................
13
64,071
(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 (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID: 25022934
Software Version: 2025v4.1


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

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
The Tarnok Family Foundation Inc
 
Employer identification number

47-2321989
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 ......... $  
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. 2025) Page 2
Name of organization
The Tarnok Family Foundation Inc
 
Employer identification number
47-2321989
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
Michael Tarnok
7 Brentwood Court
 
Mt Kisco, NY10549

$ 188,202


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
Michael Tarnok
7 Brentwood Court
 
Mt Kisco, NY10549

$ 121,830


(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.)
(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 Tarnok Family Foundation Inc
 
Employer identification number

47-2321989
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
1
1400 Shs Nvidia Stock $ 188,202 2025-02-24
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
2
750 Shares Vanguard Total Stock Idx Fund $ 121,830 2025-10-14
(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 Tarnok Family Foundation Inc
 
Employer identification number

47-2321989
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: 25022934
Software Version: 2025v4.1

TY 2025 AccountingFeesSchedule
Name:
The Tarnok Family Foundation Inc
EIN:
47-2321989
Software ID:
25022934
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
  700 700 700 0

TY 2025 InvestmentsCorpStockSchedule
Name:
The Tarnok Family Foundation Inc
EIN:
47-2321989
Software ID:
25022934
Software Version:
2025v4.1
Name of Stock End of Year Book Value End of Year Fair Market Value
American Tower Reit 1,130 1,692
Apple Inc. 179 2,038
American International Group    
Apollo 688 2,296
Coca Cola 1,145 1,981
Comcast Corp 2,660 2,716
Avalonbay Comm Inc 1,717 1,828
Exxon Mobile 3,193 4,361
Home Depot 654 1,578
Johnson and Johnson 751 1,843
Merck & Co    
Metlife Inc. 1,422 2,124
Microsoft Corp 378 4,378
Nestle Spn Adr 2,782 3,332
PPG Industries    
Proctor and Gamble 765 1,273
Texas Instruments 2,557 3,042
Travelers Companies Inc. 689 1,985
Union Pacific 1,369 2,423
United Health 297 866
Walt Disney Co 596 930
Waste Management 388 1,662
Enbridge Inc 1,142 2,225
General Motors Co    
Visa Inc 529 2,135
Williams Co Inc 1,890 3,812
Vanguard Dividend Growth Fund 4,838 4,518
Linde 861 1,992
PNC Financial Services 1,101 1,616
Vulcan Materials 614 1,949
Vanguard Balanced Index Fund    
Becton Dickinson & Co 3,418 3,114
Broadcom 348 20,270
Edison Internation    
EQT Corporation 317 627
Freeport McMoran 5,715 10,393
JP Morgan Chase 1,062 2,844
Northrop Grumman 804 1,554
Oracle Corp 297 1,026
SAP AG    
Sempra 1,598 2,144
Abbvie    
AirBNB 4,844 6,657
Autodesk Inc 7,571 12,991
Broadcom 252 4,335
Charles River Labs Intl    
Crowdstrike Holdings Inc 2,116 10,492
Diageo Plc 1,268 722
Docusign 3,845 3,512
Dolby CLA    
Doximity 2,902 3,913
Hubspot Inc 4,229 5,960
Insulet 5,413 6,059
Ionis Pharmaceutical    
Johnson Controls 3,755 11,289
L3Harris Technologies Inc 7,885 11,920
Liberty Media C Sirriusxm    
Liberty Media Corp Ser A 365 745
Liberty Media Corp Ser C 2,581 4,084
Seagate Technology Holdings    
Snowflake Inc 4,191 6,851
TE Connectivity Ltd 10,255 21,734
Vertex Pharmaceuticals 1,263 16,932
Western Digital    
Accenture PLC    
Cintas Corp 4,443 5,844
Mongodb    
Paylocity Holding    
Pinterest Inc 4,566 4,660
Servicenow Inc 4,032 5,565
Starbucks Corp 4,495 3,820
TJX 8,041 14,011
TKO Group Holdings 3,914 8,350
Astrazeneca PLC 1,092 1,540
Capital One Financial 705 1,887
Gilead Sciences    
Public Storage 2,292 2,153
RTX Corporation 159 1,641
T Mobile 1,730 2,364
Alphabet Inc 2,186 3,707
DTE Energy Company 885 1,081
Air Products and Chemicals 2,434 2,388
Haleon PLC 2,036 2,265
Meta Platforms Inc 1,656 2,204
Unilever PLC 2,391 2,551
Applovin Corp 3,819 7,639
Ares Management 6,678 7,133
Builders Firstsource Inc 4,229 2,567
Chipotle Mexican Grill Inc 4,554 2,908
Clean Harbors 3,139 3,288
ELF Beauty Inc 6,090 2,866
Indexx Labs 4,102 5,305
MSCI Inc 7,290 7,381
Old Dominion Freight Line 1,109 1,206
Palantir Technologies Inc 1,363 3,448
Robinhood Markets Inc 2,396 6,896
Shopify Inc 3,907 9,330
Tractor Supply 5,332 5,101
Vertiv Holdings LLC 6,238 11,356
W W Grainger Inc 6,365 6,583
Alynylam Pharmaceuticals 4,593 6,668
Axon Enterprises 8,573 6,587
Cava Group 4,080 2,345
Hilton Worldwide Holdings 8,874 9,833
Howmet Aerospace 5,009 5,492
Natera Inc 1,377 2,189
On Holding AG Namen Akt M 3,697 3,492
Roblox Corp 6,148 4,033
Sherwin Williams 3,195 2,967
Vistra Corp 6,325 6,892
XPO Inc 2,902 2,943
Automatic Data Processing 1,712 1,708
CVS Health 1,359 1,801
Industria De Diseno Textil Ind 1,558 2,035
Marsh & McClennan Co 1,806 1,662
PG&E Corp 1,125 1,117
Roche Holdings 1,436 1,451
Vanguard Total Stock 122,174 122,741

TY 2025 OtherExpensesSchedule
Name:
The Tarnok Family Foundation Inc
EIN:
47-2321989
Software ID:
25022934
Software Version:
2025v4.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Expenses 22 22 22  


TY 2025 OtherIncreasesSchedule
Name:
The Tarnok Family Foundation Inc
EIN:
47-2321989
Software ID:
25022934
Software Version:
2025v4.1
Description Amount
Miscellaneous adjustment 168


TY 2025 OtherProfessionalFeesSchedule
Name:
The Tarnok Family Foundation Inc
EIN:
47-2321989
Software ID:
25022934
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Advisory Fees MS #84023 3,249 3,249 3,249 0
Investment Advisory Fees MS 31279 1,082 1,082 1,082 0


TY 2025 TaxesSchedule
Name:
The Tarnok Family Foundation Inc
EIN:
47-2321989
Software ID:
25022934
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Tax 818   818  
Foreign Tax Morgan Stanley #31279 82 82 82  
NYS Filing Fee 100 100 100