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 09-01-2024 , and ending 08-31-2025
Name of foundation
WALTER HENRY FREYGANG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2794 FOREST VIEW DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
AKRON, OH44333
A Employer identification number

22-6027952
B Telephone number (see instructions)

(330) 867-7406
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$16,036,406J 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) 19,219
2 Check right arrow.............
3 Interest on savings and temporary cash investments 69,192 69,192  
4 Dividends and interest from securities... 210,152 210,152  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 474,340
b Gross sales price for all assets on line 6a 2,219,324
7 Capital gain net income (from Part IV, line 2)... 474,340
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,175 2,175 0
12 Total. Add lines 1 through 11........ 775,078 755,859 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 600 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,639 8,511 0 2,128
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
62,982 62,982 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
30,542 0 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 36,734 9,182 0 27,550
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
200 0 0 200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 141,697 80,675 0 29,878
25 Contributions, gifts, grants paid....... 735,000 735,000
26 Total expenses and disbursements. Add lines 24 and 25 876,697 80,675 0 764,878
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -101,619
b Net investment income (if negative, enter -0-) 675,184
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 633,332 308,364 308,364
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..........   3,764 3,764
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,724,049 Click to see attachment
List of Attached Documents:
// Content
3,595,748 		13,529,732
c Investments—corporate bonds (attach schedule)....... 1,849,780 Click to see attachment
List of Attached Documents:
// Content
2,197,666 		2,194,546
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)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,207,161 6,105,542 16,036,406
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 6,207,161 6,105,542
29 Total net assets or fund balances (see instructions)..... 6,207,161 6,105,542
30 Total liabilities and net assets/fund balances (see instructions). 6,207,161 6,105,542
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
6,207,161
2
Enter amount from Part I, line 27a .....................
2
-101,619
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,105,542
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,105,542
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 SYNOVUS BK 150,000 SHS   2024-06-20 2024-09-30
b AUTODESK INC 350 SHS   2017-07-20 2024-10-31
c BLACKSTONE INC A 1,180 SHS   2019-10-23 2024-10-31
d ORACLE CORP 600 SHS   2008-05-01 2024-10-31
e ALPINE BK 100,000 SHS   2023-04-27 2024-10-28
BANESCO USA 200,000 SHS   2024-02-07 2024-10-15
ALLY BK 100,000 SHS   2022-05-25 2024-11-26
MAGNOLIA 100,000 SHS   2020-11-18 2024-11-25
CAPE COD FIVE 200,000 SHS   2024-02-07 2024-12-20
1ST SEACOAST 150,000 SHS   2024-06-20 2024-12-26
MAINSTR BK 200,000 SHS   2024-02-13 2025-02-21
HONEYWELL INTL INC 2,000 SHS   2017-04-10 2025-05-01
NY CMNTY BK 100,000 SHS   2021-07-14 2025-07-01
LIVE OAK BKG 100,000 SHS   2021-08-02 2025-08-13
(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 150,000   150,000 0
b 99,294   38,431 60,863
c 198,289   54,150 144,139
d 100,420   12,738 87,682
e 100,000   100,000 0
200,000   200,000 0
100,000   100,000 0
100,000   100,000 0
200,000   200,000 0
150,000   150,000 0
200,000   200,000 0
421,321   239,885 181,436
100,000   99,780 220
100,000   100,000 0
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       60,863
c       144,139
d       87,682
e       0
      0
      0
      0
      0
      0
      0
      181,436
      220
      0
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 2 474,340
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 9,385
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 9,385
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 9,385
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 20,766
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 20,766
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 11,381
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow11,381 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowOH
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowEIDE BAILLY LLP Telephone no.right arrow (330) 867-7350

Located atright arrow1540 WEST MARKET STAKRONOH ZIP+4right arrow44313
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
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ANTJE FREYGANG TRUSTEE
1.00 		0 0 0
36727 LEITH LANE
MIDDLEBURG,VA20117
DALE G FREYGANG PRES/TREAS
3.00 		150 0 0
2794 FOREST VIEW DRIVE
AKRON,OH44333
EDWARD DRENNAN TRUSTEE
1.00 		150 0 0
62 CAMPBELL AVE
WOODCLIFF LAKE,NJ07677
JAMES DRENNAN TRUSTEE
1.00 		150 0 0
5 BONA COURT
PARK RIDGE,NJ07656
KATHERINE A FREYGANG VICE PRESIDENT
1.00 		0 0 0
PO BOX 36
CORNWALL,CT067530036
STEVEN FREYGANG SECRETARY
1.00 		0 0 0
9224 NYE AVE SE
SNOQUALMIE,WA98065
MARLEY FREYGANG TRUSTEE
1.00 		150 0 0
4925 WILSHIRE BLVD 203
LOS ANGELES,CA90010
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
14,523,323
b
Average of monthly cash balances.......................
1b
792,631
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
15,315,954
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
15,315,954
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
229,739
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
15,086,215
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
754,311
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
754,311
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
9,385
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,385
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
744,926
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
744,926
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
744,926
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
764,878
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
764,878
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 7 744,926
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022...... 33,975
e From 2023...... 66,395
f Total of lines 3a through e ........ 100,370
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 764,878
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 744,926
e Remaining amount distributed out of corpus 19,952
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 5 120,322
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		120,322
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 33,975
d Excess from 2023.... 66,395
e Excess from 2024.... 19,952
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AKRON CHILDREN'S HOSPITAL MEDICAL CENTER

1 PERKINS SQUARE
AKRON,OH443081062 		NONE PC GENERAL SUPPORT 31,030

ALZHEIMERS ASSOC

225 N MICHIGAN AVE
CHICAGO,IL606017633 		NONE PC MEDICAL RESEARCH 8,630

AMERICAN PRINTING HOUSE FOR THE BLIND

PO BOX 6085
LOUISVILLE,KY402060085 		NONE PC GENERAL SUPPORT 13,110

BONNIE BRAE

3415 VALLEY ROAD
LIBERTY CORNER,NJ079380825 		NONE PC TROUBLED YOUTH FACILITY 9,590

CAMP ACORN INC

PO BOX 1389
PARAMUS,NJ07653 		NONE PC GENERAL SUPPORT 14,070

CANINE COMPANIONS FOR INDEPENDENCE

PO BOX 446
SANTA ROSA,CA954020446 		NONE PC GENERAL SUPPORT 11,190

CHANGING GEARS

2015 CENTRAL AVE
CINCINNATI,OH45214 		NONE PC SUPPORT FOR VEHICLE REPAIR AND DONATION 1,500

CLEVELAND CLINIC AKRON GENERAL FOUNDATION

400 WABASH AVE
AKRON,OH44307 		NONE PC GENERAL SUPPORT 10,860

CLEVELAND ORCHESTRA

11001 EUCLID AVE
CLEVELAND,OH44106 		NONE PC GENERAL SUPPORT 5,050

CLOSTER ANIMAL WELFARE SOCIETY

231 HERBERT AVE
CLOSTER,NJ07624 		NONE PC GENERAL SUPPORT 4,570

CONNECTICUT COLLEGE

270 MOHEGAN AVENUE
NEW LONDON,CT063204196 		NONE PC HIGHER EDUCATION 9,250

DISABLED AMERICAN VETERAN

PO BOX 14301
CINCINNATI,OH452500301 		NONE PC GENERAL SUPPORT 2,790

FOX CHASE CANCER CENTER

333 COTTMAN AVE
PHILADELPHIA,PA19111 		NONE PC GENERAL SUPPORT 13,400

FRED HUTCHINSON CANCER RESEARCH CENTER

1100 FAIRVIEW AVE N
SEATTLE,WA981091024 		NONE PC CANCER RESEARCH 3,220

FRIENDS OF HERMITAGE

335 NORTH FRANKLIN TURNPIKE
HOHOKUS,NJ07423 		NONE PC GENERAL SUPPORT 1,190

GUIDE DOG FND FOR THE BLIND

371 EAST JERICHO TU
SMITHTOWN,NY11787 		NONE PC GUIDE DOGS FOR VISUALLY IMPAIRED 16,970

HABITAT FOR HUMANITY - SUMMIT COUNTY

2301 ROMIG ROAD
AKRON,OH44320 		NONE PC GENERAL SUPPORT 4,070

HABITAT FOR HUMANITY INTERNATIONAL

121 HABITAT STREET
AMERICUS,GA317093498 		NONE PC GENERAL SUPPORT 7,690

HALF THE STORY - THE DENUCCI GROUP

29 SOUTH MAIN ST SUITE 325 N
WEST HARTFORD,CT06107 		NONE PC SUPPORTING HEALTHY RELATIONSHIPS WITH TECHNOLOGY 3,920

HATHAWAY BROWN SCHOOL

19600 NORTH PARK BL
SHAKER HEIGHTS,OH44122 		NONE PC EDUCATION 10,630

HEARING HEALTH FOUNDATION

363 7TH AVE 10TH FLOOR
NEW YORK,NY100013904 		NONE PC GENERAL SUPPORT 8,390

HILLSDALE HELPING HILLSDALE

101 WASHINGTON AVE
WESTWOOD,NJ07675 		NONE PC GENERAL SUPPORT 4,370

IDEASTREAM PUBLIC MEDIA

1375 EUCLID AVE
CLEVELAND,OH44115 		NONE PC PUBLIC MEDIA SUPPORT 9,500

IVY HILL THERAPEUTIC EQUESTRIAN CENTER

1811 MILL RD
PERKASIE,PA18944 		NONE PC GENERAL SUPPORT 3,960

KESSLER FOUNDATION

120 EAGLE ROCK AVE
EAST HANOVER,NJ079363147 		NONE PC SUPPORT FOR PEOPLE WITH DISABILITIES 10,910

LEARNING ALLY

20 ROSZEL RD
PRINCETON,NJ08540 		NONE PC VISUALLY IMPAIRED 10,340

LOYOLA MARYMOUNT UNIVERSITY

UNIVERSITY HALL 2800 1 LMU DRIVE
LOS ANGELES,CA900452659 		NONE PC SUPPORT FOR GENERAL EDUCATION 13,940

MAYO CLINIC

13400 EAST SHEA BLVD
SCOTTSDALE,AZ85259 		NONE PC GENERAL SUPPORT 14,270

MCDONOGH SCHOOL

8600 MCDONOGH ROAD
OWINGS MILLS,MD21117 		NONE PC SUPPORT PRIVATE SCHOOL 9,690

MOBILE MEALS INC

705 OAKWOOD STREET SUITE 221
RAVENNA,OH44266 		NONE PC MEAL SV FOR NEEDY 25,850

MOUNT HOLYOKE COLLEGE

50 COLLEGE STREET
SOUTH HADLEY,MA010751496 		NONE PC GENERAL FUND 12,490

NATIONAL PUBLIC RADIO

635 MASSACHUSETTS AVE NW
WASHINGTON,DC20001 		NONE PC GENERAL SUPPORT 11,450

NEW HOPE PRC

149 THIRD AVE
WESTWOOD,NJ07675 		NONE PC GENERAL SUPPORT 9,700

NJ PBS

PO BOX 5776
ENGLEWOOD,NJ07631 		NONE PC GENERAL SUPPORT 8,590

NYU LANGONE MEDICAL CENTER

1 PARK AVE
NEW YORK,NY10016 		NONE PC GENERAL SUPPORT 8,540

OASIS HAVEN FOR WOMEN & CHILDREN

59 MILL ST
PATERSON,NJ07501 		NONE PC GENERAL SUPPORT 1,720

OPEN M

941 PRINCETON STREET
AKRON,OH44333 		NONE PC GENERAL SUPPORT 2,520

OUR LADY OF MERCY ACADEMY

25 FREEMONT AVE
PARK RIDGE,NJ07656 		NONE PC GENERAL SUPPORT 8,100

OUTDOOR FOR ALL FOUNDATION

6344 NE 74TH ST SUITE 102
SEATTLE,WA98115 		NONE PC GENERAL SUPPORT 2,130

PASCACK VALLEY MEALS ON WHEELS

OLD HOOK ROAD
WESTWOOD,NJ07675 		NONE PC GENERAL SUPPORT 22,390

PAWS FOR PURPLE HEARTS

5860 LABATH AVE STE A
ROHNERT PARK,CA94928 		NONE PC GENERAL SUPPORT 5,360

PERKINS SCHOOL FOR BLIND

175 NORTH BEACON ST
WATERTOWN,MA021722790 		NONE PC ASSISTANCE TO BLIND STUDENTS 8,140

PHILLIPS ACADEMY

180 MAIN STREET
ANDOVER,MA018104161 		NONE PC EDUCATION 6,140

PREVENT BLINDNESS AMERICA

211 WEST WACKER DRIVE
CHICAGO,IL60606 		NONE PC GENERAL SUPPORT 13,420

REED COLLEGE

3203 SE WOODCOCK
PORTLAND,OR97202 		NONE PC GENERAL SUPPORT 10,830

RHODE ISLAND SCHOOL OF DESIGN

2 COLLEGE STREET
PROVIDENCE,RI029032786 		NONE PC EDUCATION 19,680

RUTGERS UNIVERSITY

604 ALLISON ROAD
PISCATAWAY,NJ088548082 		NONE PC GENERAL SUPPORT 10,310

SANDIA PREPARATORY SCHOOL

532 OSUNA ROAD NE
ALBUQUERQUE,NM87113 		NONE PC GENERAL SUPPORT 4,370

SHE JUMPS

4760 S HIGHLAND DR SUITE 209
SALT LAKE CITY,UT84117 		NONE PC OUTDOOR EDUCATION 5,680

SHRINERS HOSPITALS FOR CHILDREN

PO BOX 31356
TAMPA,FL336313356 		NONE PC GENERAL SUPPORT 25,850

SPENCE-CHAPIN SV TO FAMILIES & CHILDREN

6 EAST 94TH STREET
NEW YORK,NY10128 		NONE PC GENERAL SUPPORT 13,980

SPROUT THERAPEUTIC RIDING

PO BOX 8
ALDIE,VA20105 		NONE PC GENERAL SUPPORT 9,920

STEVENS INSTITUTE OF TECHNOLOGY

CASTLE POINT
HOBOKEN,NJ07030 		NONE PC SUPPORT HIGHER EDUCATION 50,680

TABLE TO TABLE INC

611 US HIGHWAY 46 W STE 240
HASBROUCK HTS,NJ076043129 		NONE PC SUPPORT TO FEED THE HUNGRY 1,000

THE ARTIST'S FELLOWSHIP

47 5TH AVE
NEW YORK,NY10003 		NONE PC GENERAL SUPPORT 1,000

THE CHORE SERVICE

PO BOX 522
LAKEVILLE,CT06039 		NONE PC GENERAL SUPPORT 1,000

THE MIDNIGHT MISSION

601 S SAN PEDRO ST
LOS ANGELES,CA90014 		NONE PC SUPPORT FOR SHELTER 1,500

THE MOUNTAINEERS

7700 SAND POINT WAY
SEATTLE,WA98115 		NONE PC GENERAL SUPPORT 1,000

TRI-BORO VOLUNTEER AMBULANCE

10 MILL LANE
PARK RIDGE,NJ07656 		NONE PC GENERAL SUPPORT 3,640

TUNNEL TO TOWERS FOUNDATION

2361 HYLAN BLVD
STATEN ISLAND,NY10306 		NONE PC SUPPORT FOR FIRST RESPONDERS AND VETERANS 2,500

UNITED WAY OF BERGEN COUNTY

690 KINDERKAMACK RO
ORADEL,NJ076499972 		NONE PC GENERAL SUPPORT 4,310

UNITED WAY OF SUMMIT COUNTY

37 NORTH HIGH STREET
AKRON,OH44308 		NONE PC GENERAL SUPPORT 6,070

UNIVERSITY OF MARYLAND

7998 REGENTS DR 3303 SYMONS HALL
COLLEGE PARK,MD20742 		NONE PC EDUCATION 10,310

UNIVERSITY OF NEW MEXICO FOUNDATION

700 LOMAS NE
ALBUQUERQUE,NM87102 		NONE PC GENERAL SUPPORT 17,730

UNIVERSITY OF WASHINGTON

2012 SKAGIT LANE
SEATTLE,WA98195 		NONE PC PUBLIC EDUCATION 3,220

USC INSTITUTE OF UROLOGY

1441 EASTLAKE AVENUE SUITE 7416
LOS ANGELES,CA90089 		NONE PC MEDICAL RESEARCH 4,610

WGBH EDUCATIONAL FND

ONE GUEST ST
BOSTON,MA02135 		NONE PC PUBLIC BROADCASTING 9,390

WIDE RAINBOW

279 E 3RD STREET
NEW YORK,NY10003 		NONE PC GENERAL SUPPORT 1,000

WNET GROUP

825 EIGHTH AVE
NEW YORK,NY10019 		NONE PC SUPPORT PUBLIC BROADCASTING 18,630

WORCESTER POLYTECHNIC INSTITUTE

100 INSTITUTE ROAD
WORCESTER,MA016092280 		NONE PC EDUCATION 19,680

WORLD VISION

PO BOX 9716
FEDERAL WAY,WA980639716 		NONE PC GENERAL SUPPORT 3,440

WVU ROCKEFELLER NEUROSCIENCE INSTITUTE

33 MEDICAL CENTER DR
MORGANTOWN,WV26505 		NONE PC GENREAL SUPPORT 1,500

YAI NIPD

220 EAST 42ND ST 8TH FLOOR
NEW YORK,NY10017 		NONE PC GENERAL SUPPORT 2,790

BROOKLYN ACADEMY OF MUSIC

30 LAFAYETTE AVE
BROOKLYN,NY11217 		NONE PC GENERAL SUPPORT 5,000

CURE INTERNATIONAL

70 IONIA AVE SW SUITE 200
GRAND RAPIDS,MI49503 		NONE PC GENERAL SUPPORT 1,500

DOCTORS WITHOUT BORDERS

40 RECTOR ST 16TH FLOOR
NEW YORK,NY10006 		NONE PC GENERAL SUPPORT 5,000

FAMILY PROMISE OF BERGEN

100 DAYTON STREET
RIDGEWOOD,NJ07450 		NONE PC GENERAL SUPPORT 3,720

HEIGHTS PHILADELPHIA

123 SOUTH BROAD STREET SUITE 850
PHILADELPHIA,PA19109 		NONE PC GENERAL SUPPORT 6,930

HUMANE SOCIETY OF TRUCKEE

3438 LAKE TAHOE BOULEVARD
SOUTH LAKE TAHOE,CA96150 		NONE PC GENERAL SUPPORT 1,500

PBS WESTERN RESERVE

1750 W CAMPUS CENTER DRIVE
KENT,OH442403820 		NONE PC GENERAL SUPPORT 8,090

SAMARITAN'S PURSE

PO BOX 3000
BOONE,NC28607 		NONE PC GENERAL SUPPORT 1,000

SNOQUALMIE VALLEY HEALTH

9801 FRONTIER AVENUE SE
SNOQUALMIE,WA98065 		NONE PC GENERAL SUPPORT 1,500

SNOQUALMIE VALLEY SCHOOL

8001 SILVA AVENUE SOUTHEAST
SNOQUALMIE,WA98065 		NONE PC GENERAL SUPPORT 2,180

URBAN INSPIRE CORP

185 HUDSON STREET SUITE 2730
JERSEY CITY,NJ07311 		NONE PC GENERAL SUPPORT 1,000

VALLEY HOSPITAL FOUNDATION

4 VALLEY HEALTH PLAZA
PARAMUS,NJ07652 		NONE PC GENERAL SUPPORT 12,320

VERMONT STUDIO CENTER

80 PEARL STREETJO
JOHNSON,VT05656 		NONE PC GENERAL SUPPORT 5,000
Total .................................right arrow 3a 735,000
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 69,192  
4 Dividends and interest from securities ....     14 210,152  
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 2,175  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 474,340  
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) .. 0 755,859 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
755,859
(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
WALTER HENRY FREYGANG FOUNDATION
 
Employer identification number

22-6027952
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
WALTER HENRY FREYGANG FOUNDATION
  		Employer identification number
22-6027952
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
NICK FREYGANG
PO BOX 1229
 
CEDAR CREST, NM87008

$ 19,219


(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.)
(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
WALTER HENRY FREYGANG FOUNDATION
  		Employer identification number

22-6027952
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
 1,000 SHARES OF NVIDIA CORP STOCK FMV OF $6,491 AND 100 SHARES OF SPDR S&P 500 ETF STOCK FMV $12,728 $ 19,219 2024-10-25
(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
 
$    
(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
WALTER HENRY FREYGANG FOUNDATION
  		Employer identification number

22-6027952
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:
WALTER HENRY FREYGANG FOUNDATION
EIN:
22-6027952
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 10,639 8,511 0 2,128

TY 2024 InvestmentsCorpBondsSchedule
Name:
WALTER HENRY FREYGANG FOUNDATION
EIN:
22-6027952
Name of Bond End of Year Book Value End of Year Fair Market Value
ALLY BANK 3.750% 8/16/27 148,727 149,638
GOLDMAN SACHS BANK USA 0.75% 10/14/25 100,000 99,562
JPMORGAN .6% 10/30/25 100,000 98,160
JPMORGAN 1.0% 12/31/25 150,000 146,820
UBS BANK USA 0.8% 10/14/25 100,000 99,565
FFB BANK 4.150% 1/15/26 100,000 100,012
PREFERRED BANK 4.2% 3/24/26 150,000 150,098
BANK OF AMER NA 4.1% 1/15/26 150,000 149,905
MORGAN STANLEY PVT BK 3.8% 4/2/26 150,000 149,743
WELLS FARGO BANK 4.2% 7/26/26 150,000 150,233
AMERICAN EXPRESS NATL BK 4% 5/07/27 150,000 150,285
MORGAN STANLEY PVT BK 4.050% 5/7/27 50,000 50,136
VALLEY NATL BANK 3.85% 9/10/27 148,939 149,936
AMERICAN EXPRESS NATL BK 4.05% 5/8/28 100,000 100,382
MORGAN STANLEY BANK 4.1% 5/8/28 100,000 100,519
BNY MELLON NA 3.850% 7/31/28 150,000 149,775
CUSTOMERS BANK 3.850% 10/18/28 200,000 199,777

TY 2024 InvestmentsCorpStockSchedule
Name:
WALTER HENRY FREYGANG FOUNDATION
EIN:
22-6027952
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS 4000SHS 116,896 530,640
ADOBE SYSTEMS INC 1200SHS 32,046 428,040
ALPHABET INC CL C 4250 SHS 71,884 907,503
AMAZON.COM INC 787SHS 126,464 180,223
AMERICAN EXPRESS 2500SHS 25,920 828,200
AMERICAN TOWER CORP NEW 500 SHS 96,563 101,925
AMGEN INC 750SHS 39,281 215,783
ASTRAZENECA PLC 2932 SHS 206,259 234,267
AUTODESK INC 1050 SHS 115,294 330,435
BANK AMERICA CORP 67SHS 99,365 83,552
BLACKSTONE GROUP INC. CL A 4620SHS 203,436 791,868
CISCO SYSTEMS INC 8,000 SHS 154,273 552,720
CVS HEALTH CORP 3000SHS 111,886 219,450
EXXON MOBIL CORP 2000SHS 10,987 228,580
HCA HEALTHCARE 1352SHS 92,543 546,154
ILLINOIS TOOL WORKS 1800SHS 94,592 476,370
JOHNSON & JOHNSON 2500SHS 146,848 442,925
LOWES COMPANIES 2800SHS 65,996 722,568
MCDONALDS CORP 500SHS 144,843 156,770
MICROSOFT CORP 316SHS 124,839 160,114
NEXTERA ENERGY INC 2500SHS 202,727 180,125
NVIDIA CORP 1000 SHS 6,491 174,180
ORACLE CORP 3850SHS 81,734 870,601
PEPSICO 2500SHS 164,649 371,625
PFIZER INC 6500SHS 142,695 160,940
PROCTOR & GAMBLE 2249SHS 151,043 353,183
RTX CORP 3321SHS 98,277 526,711
STRYKER CORP 1650SHS 75,921 645,827
TJX COS INC. NEW 2400SHS 157,327 327,864
VISA INC CLASS A 2500 SHS 198,382 879,450
WALMART INC 7800 SHS 122,691 756,444
WELLS FARGO & COMPANY 66SHS 100,868 80,190
SPDR S&P 500 ETF 100 SHS 12,728 64,505

TY 2024 OtherExpensesSchedule
Name:
WALTER HENRY FREYGANG FOUNDATION
EIN:
22-6027952
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE FILING FEES 200 0 0 200


TY 2024 OtherIncomeSchedule2
Name:
WALTER HENRY FREYGANG FOUNDATION
EIN:
22-6027952
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
MISCELLANEOUS INCOME 2,175 2,175  


TY 2024 OtherProfessionalFeesSchedule
Name:
WALTER HENRY FREYGANG FOUNDATION
EIN:
22-6027952
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 62,982 62,982 0 0


TY 2024 SubstantialContributorsSch
Name:
WALTER HENRY FREYGANG FOUNDATION
EIN:
22-6027952
Name Address
W NICHOLAS F FREYGANG PO BOX 1229
CEDAR CREST,NM87008


TY 2024 TaxesSchedule
Name:
WALTER HENRY FREYGANG FOUNDATION
EIN:
22-6027952
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 30,542 0 0 0