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 05-01-2024 , and ending 04-30-2025
Name of foundation
TENACRE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)BOX 632 THE GREAT ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PRINCETON, NJ08542
A Employer identification number

21-0577480
B Telephone number (see instructions)

(609) 921-8900
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$364,912,270J 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) 36,102,451
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,991,053 3,991,053 3,991,053
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 35,918,189
b Gross sales price for all assets on line 6a 142,270,928
7 Capital gain net income (from Part IV, line 2)... 36,650,429
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,752,388 0 2,752,388
12 Total. Add lines 1 through 11........ 78,764,081 40,641,482 6,743,441
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,049,652 29,458 29,458 1,020,194
14 Other employee salaries and wages...... 11,580,307 0 901,772 10,632,783
15 Pension plans, employee benefits....... 6,704,790 10,415 10,415 5,311,238
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
107,658 0 0 131,046
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
74,247 0 0 83,030
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
2,702,669 1,809,422 1,809,422 901,121
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
14,484 0 14,000 0
19 Depreciation (attach schedule) and depletion... 5,367,783 0 527,359
20 Occupancy.............. 736,575 0 0 732,009
21 Travel, conferences, and meetings....... 156,424 0 0 156,694
22 Printing and publications.......... 60,939 0 0 60,882
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,536,548 0 1,323,257 3,206,775
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 33,092,076 1,849,295 4,615,683 22,235,772
25 Contributions, gifts, grants paid....... 14,107,671 31,386,410
26 Total expenses and disbursements. Add lines 24 and 25 47,199,747 1,849,295 4,615,683 53,622,182
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 31,564,334
b Net investment income (if negative, enter -0-) 38,792,187
c Adjusted net income (if negative, enter -0-)... 2,127,758
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............. -135,542 -59,632 -59,632
2 Savings and temporary cash investments......... 15,141,508 22,581,186 22,581,186
3 Accounts receivable right arrow2,016,535
Less: allowance for doubtful accounts right arrow   483,868 2,016,535 2,016,535
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.......... 14,149,835 13,785,302 13,785,302
10a Investments—U.S. and state government obligations (attach schedule) 38,611,372 Click to see attachment
List of Attached Documents:
// Content
17,466,504 		17,466,504
b Investments—corporate stock (attach schedule)....... 229,178,199 Click to see attachment
List of Attached Documents:
// Content
227,471,860 		227,471,860
c Investments—corporate bonds (attach schedule)....... 6,236,769 Click to see attachment
List of Attached Documents:
// Content
10,128,412 		10,128,412
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 arrow135,153,954
Less: accumulated depreciation (attach schedule) right arrow63,827,624 75,702,844 71,326,330 71,326,330
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
140,022 		Click to see attachment
List of Attached Documents:
// Content
195,773 		Click to see attachment
List of Attached Documents:
// Content
195,773
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 379,508,875 364,912,270 364,912,270
Liabilities 17 Accounts payable and accrued expenses.......... 743,357 2,094,797
18 Grants payable................. 39,624,040 21,743,935
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)......... 40,367,397 23,838,732
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........... 338,856,033 340,782,297
25 Net assets with donor restrictions............ 285,445 291,241
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........    
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)..... 339,141,478 341,073,538
30 Total liabilities and net assets/fund balances (see instructions). 379,508,875 364,912,270
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
339,141,478
2
Enter amount from Part I, line 27a .....................
2
31,564,334
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,136,210
4
Add lines 1, 2, and 3 ..........................
4
371,842,022
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
30,768,484
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
341,073,538
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 AMERICAN TRUST      
b AMERICAN TRUST      
c CARNEGIE      
d CARNEGIE      
e CHALLENGER WEALTH MANAGEMENT      
CHALLENGER WEALTH MANAGEMENT      
SCHWAB      
SCHWAB      
TOWLE      
TOWLE      
WELLS FARGO      
WELLS FARGO      
SRECS      
(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 8,308,308   8,292,112 16,196
b 13,189,260   11,935,209 1,254,051
c 7,524,887   7,391,288 133,599
d 4,049,346   1,342,029 2,707,317
e 21,896,921   21,493,321 403,600
7,550,221   7,197,924 352,297
250,000   250,000 0
20,051,483   15,450 20,036,033
5,340,101   6,140,402 -800,301
24,136,860   22,965,204 1,171,656
4,421,506   4,378,921 42,585
25,368,219   14,218,639 11,149,580
183,816     183,816
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       16,196
b       1,254,051
c       133,599
d       2,707,317
e       403,600
      352,297
      0
      20,036,033
      -800,301
      1,171,656
      42,585
      11,149,580
      183,816
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 36,650,429
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 -20,505
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: 2017-08-24(attach copy of letter if necessary–see instructions) 1 N/A
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  
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 0
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 0
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 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNJ
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.TENACRE.ORG
14
The books are in care ofright arrowCATHERYN MURDOCH Telephone no.right arrow (609) 921-8900

Located atright arrowTHE GREAT ROADPRINCETONNJ ZIP+4right arrow08542
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)
Yes
 
(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
Yes
 
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
EMILY SMITH CHAIR
10.00 		0 0 0
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
CYNTHIA R LOVE VICE CHAIR
5.00 		0 0 0
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
GAIL CHADDOCK TRUSTEE
5.00 		0 0 0
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
CYNTHIA TYLER TRUSTEE (THRU 4/25)
5.00 		0 0 0
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
DAVID COOK TRUSTEE
5.00 		0 0 0
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
THOMAS FULLER TRUSTEE
5.00 		0 0 0
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
JANET HATHERELL TRUSTEE (BEG 6/24)
5.00 		0 0 0
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
DAVID DANIELS TRUSTEE (BEG 6/24)
5.00 		0 0 0
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
ROBERT RUPP TRUSTEE (BEG 6/24)
5.00 		0 0 0
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
BRIAN STOCK PRESIDENT & CEO
55.00 		261,500 34,237 58,152
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
CATHERYN E MURDOCH TRUSTEE/TREASURER/CFO
55.00 		199,852 59,604 48,600
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
ROSY LUM SECRETARY; COMM. MANAGER (BEG 12/24)
50.00 		108,898 15,102 0
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
REGINA OANDAH ASST TREAS; CONTROLLER (BEG 7/24)
50.00 		202,019 68,335 10,620
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
MARINA N BONSI SNR DIRECTOR; ASST SEC (THRU 6/24)
50.00 		138,592 31,613 18,450
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
ADAM SCHERR ASST SEC; HOUSEKEEPING MANAGER
50.00 		102,981 24,549 0
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
GARY L WRIGHT ASST TREAS; CONTROLLER (THRU 7/24)
50.00 		35,810 23,710 0
BOX 632 THE GREAT ROAD
PRINCETON,NJ08542
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
THOMAS LIND DIRECTOR, CAMPUS FAC
70.00 		155,221 68,290 107,300
BOX 632 THE GREAT RD
PRINCETON,NJ08542
TINA BILHORN DIRECTOR, SCHOOL OF
50.00 		146,383 63,350 40,800
BOX 632 THE GREAT RD
PRINCETON,NJ08542
MOLLY VAN HORN DIRECTOR, HOMECARE
50.00 		129,140 45,917 48,500
BOX 632 THE GREAT RD
PRINCETON,NJ08542
JEHU AFAD'I CO-DIRECTOR, CSN
50.00 		134,925 10,006 62,740
BOX 632 THE GREAT RD
PRINCETON,NJ08542
ALAINA CARLSON CO-DIRECTOR, CSN
50.00 		139,999 24,815 19,730
BOX 632 THE GREAT RD
PRINCETON,NJ08542
Total number of other employees paid over $50,000...................right arrow 133
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
AMERICAN TRUST INVESTMENT ADVISORS INVESTMENT MANAGEMENT 792,204
ONE COURT ST 350
LEBANON,NH03766
TOWLE & CO INVESTMENT MANAGEMENT 522,672
1610 DES PERES RD 250
ST LOUIS,MO63131
LIBERTY MECHANICAL SERVICES INC HVAC CONTRACTOR 398,532
PO BOX 186
NEW EGYPT,NJ08533
WELLS FARGO ADVISORS INVESTMENT MANAGEMENT 375,510
2025 EAST BELTLINE SE SUITE 501
GRAND RAPIDS,MI49546
LOUIS ROTHBERG & SONS SITEWORK CONTRACTOR 319,595
550 CEDAR AVENUE PO BOX 550
MIDDLESEX,NJ08846
Total number of others receiving over $50,000 for professional services.............right arrow20
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 CHRISTIAN SCIENCE NURSING SERVICES - TENACRE FOUNDATION MAKES AVAILABLE THE RELIGIOUS MINISTRY OF CHRISTIAN SCIENCE NURSING FOR THOSE INDIVIDUALS CHOOSING TO RELY RADICALLY ON GOD FOR HEALING, AS TAUGHT IN CHRISTIAN SCIENCE, AND BY PROVIDING BENEVOLENCE TO DO SO WITHOUT REGARD TO THE ABILITY OF THOSE IN NEED TO PAY FOR THE PROVISION OF SUCH SERVICES. 15,362,764
2 SCHOOL OF CHRISTIAN SCIENCE NURSING - TENACRE ALSO OPERATES A SCHOOL IN ACCORDANCE WITH THE PRECEPTS OF CHRISTIAN SCIENCE TO HELP PREPARE MEMBERS OF THE MOTHER CHURCH TO REPRESENT THEMSELVES AS CHRISTIAN SCIENCE NURSES WHO MAY SERVE INDIVIDUALLY, OR WHO MAY STAFF THE FACILITIES OF THE CORPORATION AND OTHER CHRISTIAN SCIENCE ORGANIZATIONS AND FACILITIES. 2,386,751
3 TENACRE VISITOR ACCOMMODATIONS/SPIRITUAL RESOURCE LIBRARY - TENACRE HAS VISITOR ACCOMMODATIONS FOR FAMILIES OF CHRISTIAN SCIENCE NURSING GUESTS, SPIRITUAL RENEWAL STAYS, ETC. THE SPIRITUAL RESOURCE LIBRARY IS A BIBLE-FOCUSED RESEARCH AND STUDY AREA THAT IS A PART OF THE SAME MINISTRY. 739,675
4 CHRISTIAN SCIENTISTS IN RESIDENCE PROGRAM - TENACRE MAINTAINS AND OPERATES RESIDENTIAL SPACES FOR CHRISTIAN SCIENTISTS IN A COMMUNITY SETTING WITH A SPIRITUAL FOCUS FOR THOSE WHO AGREE TO AND HAVE THE QUALIFICATIONS TO PARTICIPATE IN THE SPIRITUAL AND RELIGIOUS MISSION OF THE CORPORATION AND/OR TO PRACTICE THE RELIGION OF THE FIRST CHURCH OF CHRIST, SCIENTIST, IN BOSTON, MASSACHUSETTS. 598,374
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 NONE 0
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
287,105,153
b
Average of monthly cash balances.......................
1b
8,052,379
c
Fair market value of all other assets (see instructions)................
1c
953,242
d
Total (add lines 1a, b, and c).........................
1d
296,110,774
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
296,110,774
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
4,441,662
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
291,669,112
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
14,583,456
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
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
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
 
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
53,622,182
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
692,669
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
54,314,851
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, 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)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(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  
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
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 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
2017-08-24
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
2,127,758 3,725,672 7,033,424 6,746,066 19,632,920
b 85% (0.85) of line 2a ......... 1,808,594 3,166,821 5,978,410 5,734,156 16,687,982
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		54,314,851 96,322,214 127,710,279 137,260,399 415,607,743
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		31,386,410 50,932,453 95,189,319 109,859,585 287,367,767
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		22,928,441 45,389,761 32,520,960 27,400,814 128,239,976
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		9,722,304 9,428,830 11,315,157 14,690,325 45,156,616
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) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
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

ADVENTURE UNLIMITED

5201 S QUEBEC STREET
GREENWOOD VILLAGE,CO80111 		N/A PC CHRISTIAN SCIENCE CAMPS 1,400,955

ADVENTURE UNLIMITED

5201 S QUEBEC STREET
GREENWOOD VILLAGE,CO80111 		N/A PC CHRISTIAN SCIENCE CAMPS 68,000

ADVENTURE UNLIMITED

5201 S QUEBEC STREET
GREENWOOD VILLAGE,CO80111 		N/A PC CHRISTIAN SCIENCE CAMPS 656,500

AFRICAN LEADERSHIP FOUNDATION

PO BOX 7408
NEW YORK CITY,NY10150 		N/A PC EDUCATION 329,500

ALTA VISTA

325 E FIGUEROA ST
SANTA BARBARA,CA93101 		N/A POF CHRISTIAN SCIENCE RESIDENCIES 12,489

AMALA EDUCATION

GARDEN COTTAGE WALTERS GREEN
KENT   TN118HD
UK 		N/A NC EDUCATION 5,000

ANCHOR HOUSE

482 CENTRE STREET
TRENTON,NJ08611 		N/A PC LOCAL NEW JERSEY 20,000

ARDEN WOOD

445 WAWONA STREET
SAN FRANCISCO,CA94116 		N/A PC CHRISTIAN SCIENCE PROGRAMS 253,251

BEACON HAVEN

1200 LONG LAKE ROAD
NEW BRIGHTON,MN55112 		N/A PC CHRISTIAN SCIENCE NURSING FACILITIES 1,814

BEACON HAVEN

1200 LONG LAKE ROAD
NEW BRIGHTON,MN55112 		N/A PC CHRISTIAN SCIENCE PROGRAMS 63,744

BERKELEY HALL SCHOOL FOUNDATION

16000 MULHOLLAND DR
LOS ANGELES,CA90049 		N/A PC CHRISTIAN SCIENCE-BASED SCHOOLS 1,300,000

BLINKNOW

POBOX 453
MENDHAM,NJ07945 		N/A PC EDUCATION 15,000

BOYS AND GIRLS CLUBS OF MERCER COUNTY

212 CENTRE STREET
TRENTON,NJ08611 		N/A PC LOCAL NEW JERSEY 20,000

BROADVIEW INC

4570 GRIFFIN AVENUE
LOS ANGELES,CA90031 		N/A PC CHRISTIAN SCIENCE PROGRAMS 158,865

CAMPAIGN FOR FEMALE EDUCATION

466 GEARY STREET
SAN FRANCISCO,CA94102 		N/A PC EDUCATION 125,000

CEDARS CAMPS

19772 SUGAR DRIVE
LEBANON,MO65536 		N/A PC CHRISTIAN SCIENCE CAMPS 317,353

CEDARS CAMPS

19772 SUGAR DRIVE
LEBANON,MO65536 		N/A PC CHRISTIAN SCIENCE CAMPS 908,372

CEDARS CAMPS

19772 SUGAR DRIVE
LEBANON,MO65536 		N/A PC CHRISTIAN SCIENCE CAMPS 991,668

CHESTNUT HILL BENEVOLENT ASSOCIATION

910 BOYLSTON STREET
CHESTNUT HILL,MA02467 		N/A PC CHRISTIAN SCIENCE NURSING FACILITIES 240,693

CHESTNUT HILL BENEVOLENT ASSOCIATION

910 BOYLSTON STREET
CHESTNUT HILL,MA02467 		N/A PC CHRISTIAN SCIENCE PROGRAMS 82,231

CHEZACHEZA

MAPLE COURT H4 PO BOX 22917
NAIROBI   00505
KE 		N/A NC EDUCATION 5,000

CHILD SHIELD INITIATIVE

NO 13 UNION HOMES ROAD
ABUJA    
NI 		N/A NC PEACEBUILDING 1,500

DAYSTAR INC

3800 S FLAMINGO ROAD
DAVIE,FL33330 		N/A PC CHRISTIAN SCIENCE NURSING FACILITIES 105,248

E3 ELEVATING EDUCATION EVERYWHERE

11124 KINGSTON PIKE SUITE 119-169
KNOXVILLE,TN37934 		N/A SO I CHRISTIAN SCIENCE-BASED SCHOOLS 632,500

E3 ELEVATING EDUCATION EVERYWHERE

11124 KINGSTON PIKE SUITE 119-169
KNOXVILLE,TN37934 		N/A SO I CHRISTIAN SCIENCE-BASED SCHOOLS 477,019

E3 ELEVATING EDUCATION EVERYWHERE

11124 KINGSTON PIKE SUITE 119-169
KNOXVILLE,TN37934 		N/A SO I CHRISTIAN SCIENCE-BASED SCHOOLS 197,981

FAMBUL TOK INTERNATIONAL

31 REGENT ROAD HILL STATION
FREETOWN    
SL 		N/A NC PEACEBUILDING 50,000

FAULU PRODUCTION

KAKUMA 1 ZONE 4 BLOCK 6
KAKUMA    
KE 		N/A NC EDUCATION 19,400

FRIENDS OF TEACH FOR ARMENIA

101 GROVERTON PLACE
LOS ANGELES,CA90077 		N/A PC EDUCATION 239,000

HOMECREST FOUNDATION

PO BOX 405
GENEVA,IL60134 		N/A POF CHRISTIAN SCIENCE PHILANTHROPIC ORGANIZATIONS 25,500

HOMEFRONT

1880 PRINCETON AVENUE
LAWRENCEVILLE,NJ08648 		N/A PC LOCAL NEW JERSEY 40,000

HOPE RESCUE MISSION

645 N 6TH STREET
READING,PA19601 		N/A PC NON-CS OTHER 15,000

ISLES INC

10 WOOD STREET
TRENTON,NJ08618 		N/A PC LOCAL NEW JERSEY 375,000

JUSTICE RISING

1360 S FIGUEROA ST D 371
LOS ANGELES,CA90015 		N/A PC EDUCATION 10,000

KIPP TEAM AND FAMILY SCHOOLS

60 PARK PLACE SUITE 802
NEWARK,NJ07102 		N/A PC EDUCATION 1,200,000

LEAD COLLABORATIVE

C/O LORRAINE LAGO 800 ROBERTO H
TODD AVE
SAN JUAN   00907
RQ 		N/A PC EDUCATION 150,000

LUMINOS FUND

71 COMMERCIA STREET 272
BOSTON,MA02109 		N/A PC EDUCATION 10,000

MEALS ON WHEELS OF MERCER COUNTY

320 HOLLOWBROOK DRIVE
EWING,NJ08638 		N/A PC LOCAL NEW JERSEY 15,000

NATIONAL FUND FOR CHRISTIAN SCIENCE NURSING

10670 BARKLEY STREET
OVERLAND PARK,KS662121861 		N/A SO I CHRISTIAN SCIENCE PHILANTHROPIC ORGANIZATIONS 7,000,000

NATIONAL FUND FOR CHRISTIAN SCIENCE NURSING

10670 BARKLEY STREET
OVERLAND PARK,KS662121861 		N/A SO I CHRISTIAN SCIENCE PHILANTHROPIC ORGANIZATIONS 3,891,668

NATIONAL JUNIOR TENNIS AND LEARNING OF TRENTON

949 WEST STATE STREET
TRENTON,NJ08618 		N/A PC LOCAL NEW JERSEY 25,000

NDABUCHISEH

AWICCUL BUILDING FONS STREET
BAMENDA    
CM 		N/A NC PEACEBUILDING 5,000

OKERE CITY

OKERE PARISH AYILOI A VILLAGE
ADWARI SUBCOUNTY OTUKE DI    
UG 		N/A NC EDUCATION 8,700

OLIVE GLEN FOUNDATION INC

3025 BECERRA WAY
SACRAMENTO,CA95821 		N/A PC CHRISTIAN SCIENCE PROGRAMS 160,225

PEACE HAVEN ASSOCIATION

12630 ROTT ROAD
ST LOUIS,MO63127 		N/A PC CHRISTIAN SCIENCE NURSING FACILITIES 187,429

PEACE HAVEN ASSOCIATION

12630 ROTT ROAD
ST LOUIS,MO63127 		N/A PC CHRISTIAN SCIENCE PROGRAMS 105,736

PRINCETON NURSERY SCHOOL

78 LEIGH AVE
PRINCETON,NJ08542 		N/A PC LOCAL NEW JERSEY 20,000

SADHANA FOREST

81 RUE DU FAUBOURG SAINT DENIS
PARIS   75010
FR 		N/A NC NON-CS OTHER 80,000

SBP

2645 TOULOUSE STREET
NEW ORLEANS,LA70119 		N/A PC DISASTER RELIEF 202,306

SEEDS OF PEACE

PO BOX 70372
NEWARK,NJ071010096 		N/A PC PEACEBUILDING 15,000

SUNLAND HOME FOUNDATION

691 SPARTA DRIVE
ENCINITAS,CA92024 		N/A PC CHRISTIAN SCIENCE NURSING FACILITIES 46,770

SUNRISE HAVEN

24423 100TH AVE SE
KENT,WA98030 		N/A PC CHRISTIAN SCIENCE NURSING FACILITIES 28,224

SUNRISE HAVEN

24423 100TH AVE SE
KENT,WA98030 		N/A PC CHRISTIAN SCIENCE PROGRAMS 64,383

TEACH FOR ALL

25 BROADWAY 12TH FLOOR
NEW YORK,NY10004 		N/A PC EDUCATION 6,266,000

TEACH FOR BANGLADESH

11241 BEAKER STREET
RESTON,VA20190 		N/A PC EDUCATION 50,000

TEACH FOR UKRAINE

VOZDVYZHENSKA STREET OFFICE 505
KYIV   04071 45-49
UP 		N/A NC EDUCATION 10,000

THE BRANCH SCHOOL

1424 SHERWOOD FOREST
HOUSTON,TX77043 		N/A PC CHRISTIAN SCIENCE-BASED SCHOOLS 169,900

THE CAMPERSHIP FUND

PO BOX 410553
ST LOUIS,MO63141 		N/A POF CHRISTIAN SCIENCE PHILANTHROPIC ORGANIZATIONS 231,102

THE CAMPERSHIP FUND

PO BOX 410553
ST LOUIS,MO63141 		N/A POF CHRISTIAN SCIENCE PHILANTHROPIC ORGANIZATIONS 1,000,000

THE EUPHRATES INSTITUTE

680 LIGHTHOUSE AVE 2086
PACIFIC GROVE,CA93950 		N/A PC PEACEBUILDING 15,000

THE FATHER CENTER OF NEW JERSEY

1 WEST STATE STREET 5TH FLOOR
TRENTON,NJ08608 		N/A PC LOCAL NEW JERSEY 20,000

THE PRINCIPLE FOUNDATION

10670 BARKLEY ST
OVERLAND PARK,KS66212 		N/A PC CHRISTIAN SCIENCE PHILANTHROPIC ORGANIZATIONS 61,332

THE PRINCIPLE FOUNDATION EXTENDED SERVICES

10670 BARKLEY STREET
OVERLAND PARK,KS66212 		N/A SO I CHRISTIAN SCIENCE PHILANTHROPIC ORGANIZATIONS 938,664

THE PRINCIPLE FOUNDATION EXTENDED SERVICES

10670 BARKLEY STREET
OVERLAND PARK,KS66212 		N/A SO I CHRISTIAN SCIENCE PROGRAMS 108,332

THE WILLOWS FOUNDATION INC

23871 WILLOWS DRIVE
LAGUNA HILLS,CA92653 		N/A PC CHRISTIAN SCIENCE RESIDENCIES 8,656

UPSTREAM ALLIANCE

1867 LINDAMOOR DRIVE
ANNAPOLIS,MD21401 		N/A PC EDUCATION 58,400

WE MAKE - AUTISM AT WORK

109 ROUTE 31 NORTH
PENNINGTON,NJ08534 		N/A PC LOCAL NEW JERSEY 20,000

WEB DU BOIS SCHOLARS INSTITUTE

174 NASSAU STREET SUITE 360
PRINCETON,NJ08542 		N/A PC LOCAL NEW JERSEY 25,000

WOMEN IN LIBERATION AND LEADERSHIP

BRUSUBI PHASE 2
WEST COAST REGION    
GA 		N/A NC PEACEBUILDING 5,000

YOUTH INITIATIVE FOR DEVELOPMENT IN AFRICA (YIDA)

SWESWE ZONE KYAKA II REFUGEE
SETTLEMENT
KYEGEGWA DISTRICT    
UG 		N/A NC EDUCATION 20,000
Total .................................right arrow 3a 31,386,410
bApproved for future payment

ARDEN WOOD
445 WAWONA STREET
SAN FRANCISCO,CA94116 		N/A PC CHRISTIAN SCIENCE PROGRAMS 263,000

CHESTNUT HILL BENEVOLENT ASSOCIATION
910 BOYLSTON STREET
CHESTNUT HILL,MA02467 		N/A PC CHRISTIAN SCIENCE PROGRAMS 233,404

FAMBUL TOK INTERNATIONAL
31 REGENT ROAD HILL STATION
FREETOWN    
SL 		N/A NC NON-CS OTHER 5,000

NATIONAL FUND FOR CHRISTIAN SCIENCE NURSING
10670 BARKLEY STREET
OVERLAND PARK,KS662121861 		N/A SO I CHRISTIAN SCIENCE PHILANTHROPIC ORGANIZATIONS 7,783,332

PEACE HAVEN ASSOCIATION
12630 ROTT ROAD
ST LOUIS,MO63127 		N/A PC CHRISTIAN SCIENCE PROGRAMS 151,629

RCHP AFFORDABLE HOUSING CORPORATION
19 SOUTH 2ND AVENUE
HIGHLAND PARK,NJ08904 		N/A PC LOCAL NEW JERSEY 30,000

SUNRISE HAVEN
24423 100TH AVE SE
KENT,WA98030 		N/A PC CHRISTIAN SCIENCE PROGRAMS 21,341

THE PRINCIPLE FOUNDATION EXTENDED SERVICES
10670 BARKLEY STREET
OVERLAND PARK,KS66212 		N/A SO I CHRISTIAN SCIENCE PROGRAMS 216,668
Total ................................. right arrow 3b 8,704,374
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
aCS NURSING SERVICES         1,991,241
bSCHOOL OF NURSING         31,732
cFOOD SERVICES         202,056
dRESIDENTIAL         333,586
eVISITOR ACCOMMODATIONS         34,695
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 3,991,053  
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 ............ 		900099 183,816 18 35,734,373  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aSTAFF SERVICES 		        119,077
bCOMP ROOM INCOME         27,260
cMISCELLANEOUS INCOME   1,974     10,767
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 185,790 39,725,426 2,750,414
13Total. Add line 12, columns (b), (d), and (e)..................
13
42,661,630
(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.)
1 TENACRE FOUNDATION MAKES AVAILABLE THE RELIGIOUS MINISTRY OF CHRISTIAN SCIENCE NURSING FOR THOSE INDIVIDUALS CHOOSING TO RELY RADICALLY ON GOD FOR HEALING, AS TAUGHT IN CHRISTIAN SCIENCE, AND BY PROVIDING BENEVOLENCE TO DO SO WITHOUT REGARD TO THE ABILITY OF THOSE IN NEED TO PAY FOR THE PROVISION OF SUCH SERVICES. TENACRE ALSO OPERATES A SCHOOL IN ACCORDANCE WITH THE PRECEPTS OF CHRISTIAN SCIENCE TO HELP PREPARE MEMBERS OF THE MOTHER CHURCH TO REPRESENT THEMSELVES AS CHRISTIAN SCIENCE NURSES WHO MAY SERVE INDIVIDUALLY, OR WHO MAY STAFF THE FACILITIES OF THE CORPORATION AND OTHER CHRISTIAN SCIENCE ORGANIZATIONS AND FACILITIES. TENACRE MAINTAINS AND OPERATES RESIDENTIAL FACILITIES FOR CHRISTIAN SCIENTISTS IN A COMMUNITY SETTING WITH A SPIRITUAL FOCUS FOR THOSE WHO AGREE TO AND HAVE THE QUALIFICATIONS TO PARTICIPATE IN THE SPIRITUAL AND RELIGIOUS MISSION OF THE CORPORATION AND/OR TO PRACTICE THE RELIGION OF THE FIRST CHURCH OF CHRIST, SCIENTIST, IN BOSTON, MASSACHUSETTS. TENACRE ALSO PROV
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
TENACRE FOUNDATION
 
Employer identification number

21-0577480
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
TENACRE FOUNDATION
  		Employer identification number
21-0577480
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
JE BARBEY TRUST
 
C/O PNC BANK 1600 MARKET STREET
 
PHILADELPHIA, PA19103

$ 35,532,603


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
NADINE G HACK COMMUNITY SHARE TRUST
 
3486 HAMLIN RD
 
LAFAYETTE, CA94549

$ 162,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
CHRISTIAN SCIENCE SOCIETY HYATTSVILLE
 
12-A HILLSIDE ROAD
 
GREENBELT, MD20770

$ 50,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
CATHERINE BROWN
 
618 PRESIDENTIAL WAY
 
DELWARE, OH430151128

$ 11,600


(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
TENACRE FOUNDATION
  		Employer identification number

21-0577480
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
 PUBLICLY TRADED SECURITIES $ 5,067,333 2024-07-16
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PUBLICLY TRADED SECURITIES $ 4,772,043 2024-10-01
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PUBLICLY TRADED SECURITIES $ 4,745,753 2024-12-30
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PUBLICLY TRADED SECURITIES $ 5,396,576 2025-04-01
(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
TENACRE FOUNDATION
  		Employer identification number

21-0577480
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:
TENACRE FOUNDATION
EIN:
21-0577480
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 74,247 0 0 83,030

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 ExpenditureResponsibilityStmt
Name:
TENACRE FOUNDATION
EIN:
21-0577480
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
HUNTINGTOWER SCHOOL
  		77 WAIMARIE DRIVE
MOUNT WAVERLEY    
AS 		2021-05-26 320,000 2022. HUNT. DISABILITY ACCESS 164,000 NO 11/10/2021,05/10/2022, 10/24/2022, 11/01/2022    
ANTHILL CREATIONS
  		190/9 SECTOR-9 FARIDABAD
HARYANA    
IN 		2021-07-07 51,000 2022. AH. INDIA PLAYGROUNDS 51,000 NO 09/25/2025    
SADHANA FOREST
  		81 RUE DU FAUBOURG SAINT DENIS
PARIS    
FR 		2021-10-31 760,000 2022-2027. SDF. OPERATIONS NAMIBIA PROJECT 51,000 NO 05/28/2022, 11/14/2022, 05/23/2023, 11/20/2023, 06/07/2024, 11/29/2024, 11/1    
LE VERGER
  		CHEMIN DE LA PRAIRIE 7
ROLLE    
SZ 		2022-02-26 50,000 2022. LEV. GLOBAL CSN SUPPORT 25,768 NO 01/10/2022, 03/25/2024    
CAMP ARC-EN-CIEL
  		RUE DE LA GARE 7
BUSSIGNYPRESLAUSANNE    
SZ 		2022-04-06 31,926 2022. CAMP ARC. ACTIVITIES & EXPENSES 15,327 NO 02/22/2023    
HOMECREST FOUNDATION
  		49 WHITE OAK CIR
ST CHARLES,IL60147 		2022-07-22 90,000 2023. HC. BENEVOLENCE 0 NO NONE    
WAYSIDE HOUSE
  		550 FOUL BAY ROAD
VICTORIA    
CA 		2022-10-03 331,600 2023. WAY. FACILITY PROJECTS 265,715 NO 03/10/2023, 09/10/2023, 03/13/2024    
CBI INNOVATIONS ACADEMY
  		ATERAI WARD SOUTH DIVISION KUMI
MUNICIPALITY PO
KUMI    
UG 		2023-01-18 8,800 2023. CBI. BUILDING PROJECT UGANDA 8,800 NO 12/14/2023, 08/19/2025    
FAULU PRODUCTION
  		KAKUMA 1 ZONE 4 BLOCK 6
KAKUMA    
KE 		2023-05-09 30,000 2024. FAU. EARLY CHILDHOOD SCHOOL AT KAKUMA 30,000 NO 02/08/2024, 12/17/2024    
OKERE CITY
  		OKERE PARISH AYILOI A VILLAGE
ADWARI SUBCOUNTY,OTUKE DISTRICT  
UG 		2023-05-19 19,400 2023. OK. TEACHER SALARIES AND COMMUNITY LIBRARY 19,400 NO 01/10/2021, 10/30/2023    
CHEZACHEZA
  		MAPLE COURT H4 PO BOX 22917
NAIROBI    
KE 		2023-05-22 15,000 2024. CHEZA. KENYA DANCE CLASSES OPERATIONS 15,000 NO 01/26/2024, 04/18/2024    
KL 30
  		FELDHUSER WEG 8
GROSSFEHN    
GM 		2023-05-22 12,000 2024. KL30. CSN EDUCATION 6,975 NO 03/04/2024    
TEACH FOR HAITI (ANSEYE POU AYITI)
  		GONAIVES 6 IMPASSE DELMAS 49A
DELMAS PAP    
HA 		2023-06-07 150,000 2023-2024. APA. HAITI SCHOOL PROGRAMS OPERATIONS 150,000 NO 7/31/2023, 7/31/2024    
COMMON GROUND COMMITTEE INC
  		PO BOX 352
SHERMAN,CT06784 		2023-06-28 500,000 2024. CGC. OPERATIONS 500,000 NO 06/28/2024    
METIS COLLECTIVE (METIS MOVEMENT LIMITED)
  		PO BOX 22616 00505 NGONG ROAD
NAIROBI    
KE 		2023-06-28 200,000 2022-2023. MET. KENYA EDUCATION FELLOWSHIP 200,000 NO 01/24/2023, 02/06/2024    
TEACH FOR UKRAINE
  		VOZDVYZHENSKA STREET OFFICE 505
KYIV   04071 45-49
UP 		2023-06-28 100,000 2022. TFU. OPERATIONS 100,000 NO 01/06/2024    
YOUTH INITIATIVE FOR DEVELOPMENT IN AFRICA (YIDA)
  		SWESWE ZONE KYAKA II REFUGEE
SETTLEMENT
KYEGEGWA DISTRICT    
UG 		2023-06-28 30,000 2024. YIDA. TEACHER SALARIES UGANDA SCHOOL 30,000 NO 02/12/2025    
OKERE CITY
  		OKERE PARISH AYILOI A VILLAGE
ADWARI SUBCOUNTY,OTUKE DISTRICT  
UG 		2023-11-07 24,360 2024. OK. SCHOOL STAFF SALARIES 14 MONTHS 24,630 NO 02/01/2024, 05/05/2025    
FAMBUL TOK INTERNATIONAL
  		31 REGENT ROAD HILL STATION
FREETOWN    
SL 		2023-12-11 50,000 2024. FAT. OPERATIONS 24,648 NO 02/01/2024    
METIS COLLECTIVE (METIS MOVEMENT LIMITED)
  		PO BOX 22616 00505 NGONG ROAD
NAIROBI    
KE 		2023-12-11 50,000 2024. MET. OPERATIONS 50,000 NO 02/16/2024, 2/18/2025    
KINYETI ACADEMY
  		PLOT NO 598-599 HAI KHOR WOLLIANG
JUBA    
OD 		2024-01-03 15,800 2024. KIN. SOUTH SUDAN NEW SCHOOL 15,800 NO 07/13/2024, 3/18/2025    
AMALA EDUCATION
  		KALOBEYEI REFUGEE SETTLEMENT
KE 		2024-05-01 5,000 2024. KBL. EARLY CHILDHOOD EDUCATION REFUGEE CAMP KENYA 0 NO NONE    
CHEZACHEZA
  		MAPLE COURT H4 PO BOX 22917
NAIROBI    
KE 		2024-05-01 5,000 2024. CHEZA. KENYA DANCE CLASSES OPERATIONS 5,000 NO NONE    
CHILD SHIELD INITIATIVE
  		NO 13 UNION HOMES ROAD
KUJE,ABUJA  
NI 		2024-05-07 1,500 2025. CSI. PEACE ACADEMY NIGERIA 0 NO NONE    
FAMBUL TOK INTERNATIONAL
  		31 REGEND ROAD HILL STATION
FREETOWN    
SL 		2024-05-07 50,000 2025. FAT. OPERATIONS 50,000 NO 01/31/2026    
NDABUCHUSEH
  		AWCCUL BUILDING FONS STREET
BAMENDA    
CM 		2024-05-07 5,000 2025. NDAB. PEACEBUILDING CAMEROON 0 NO NONE    
TEACH FOR UKRAINE
  		VOZDVYZHENSKA STREET OFFICE 505
KYIV   04071
UP 		2024-05-07 10,000 2025. TFU. OPERATIONS 10,000 NO 02/14/2025    

TY 2024 ExplnOfNonFilingWithAGStmt
Name:
TENACRE FOUNDATION
EIN:
21-0577480
Statement:
TENACRE FOUNDATION IS NOT REQUIRED TO FURNISH ITS FORM 990-PF TO THE ATTORNEY GENERAL OF NEW JERSEY. THE NEW JERSEY CHARITABLE REGISTRATION & INVESTIGATION ACT, WHICH REQUIRES THE ANNUAL REGISTRATION OF NON-PROFITS AND THE SUBMISSION OF FORM 990S TO THE NEW JERSEY DIVISION OF CONSUMER AFFAIRS WITHIN THE OFFICE OF THE ATTORNEY GENERAL, DOES NOT APPLY TO TENACRE FOUNDATION DUE TO A STATUTORY EXEMPTION FOR RELIGIOUS CORPORATIONS AND FOUNDATIONS ESTABLISHED FOR RELIGIOUS PURPOSES. SEE N.J.S.A. 45:17A-26(A).

TY 2024 InvestmentsCorpBondsSchedule
Name:
TENACRE FOUNDATION
EIN:
21-0577480
Name of Bond End of Year Book Value End of Year Fair Market Value
LONG TERM-CORPORATE BONDS 9,284,306 9,284,306
SHORT TERM-CORPORATE BONDS 844,106 844,106

TY 2024 InvestmentsCorpStockSchedule
Name:
TENACRE FOUNDATION
EIN:
21-0577480
Name of Stock End of Year Book Value End of Year Fair Market Value
AMERICAN TRUST ACCOUNT 78,863,272 78,863,272
CARNEGIE ACCOUNT 33,500,538 33,500,538
CHALLENGER ACCOUNT 23,980,887 23,980,887
SCHWAB ACCOUNT 5,208,238 5,208,238
TOWLE ACCOUNT 42,687,060 42,687,060
WELLS FARGO ACCOUNT 43,231,865 43,231,865

TY 2024 InvestmentsGovtObligationsSch
Name:
TENACRE FOUNDATION
EIN:
21-0577480
US Government Securities - End of Year Book Value:

17,466,504
US Government Securities - End of Year Fair Market Value:

17,466,504
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 LegalFeesSchedule
Name:
TENACRE FOUNDATION
EIN:
21-0577480
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 107,658 0 0 131,046


TY 2024 OtherAssetsSchedule
Name:
TENACRE FOUNDATION
EIN:
21-0577480
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SAIKOWSKI CHAR REM TRUST 12,419 18,215 18,215
INVESTMENT INTEREST RECEIVABLE 127,603 177,558 177,558


TY 2024 OtherDecreasesSchedule
Name:
TENACRE FOUNDATION
EIN:
21-0577480
Description Amount
NET UNREALIZED LOSS FROM INVESTMENTS 30,768,484


TY 2024 OtherExpensesSchedule
Name:
TENACRE FOUNDATION
EIN:
21-0577480
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REPAIRS & MAINTENANCE 1,837,922 0 0 1,841,869
SMALL EQUIP. & SUPPLIES 539,534 0 0 535,647
INSURANCE 271,657 0 0 271,657
DUES AND SUBSCRIPTIONS 205,085 0 0 208,955
OFFICE EXPENSES 83,222 0 0 83,357
FOOD 465,702 0 202,056 253,065
CS NURSING BENEVOLENCE 1,121,201 0 1,121,201 0
SPIRITUAL RESOURCE LIBRARY 12,225 0 0 12,225


TY 2024 OtherIncomeSchedule2
Name:
TENACRE FOUNDATION
EIN:
21-0577480
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CS NURSING SERVICES 1,991,241   1,991,241
SCHOOL OF NURSING 31,732   31,732
FOOD SERVICES 202,056   202,056
RESIDENTIAL 333,586   333,586
VISITOR ACCOMMODATIONS 34,695   34,695
STAFF SERVICES 119,077   119,077
COMP ROOM INCOME 27,260   27,260
MISCELLANEOUS INCOME 12,741   12,741


TY 2024 OtherIncreasesSchedule
Name:
TENACRE FOUNDATION
EIN:
21-0577480
Description Amount
UNRECOGNIZED NET PERIODIC PENSION COSTS 1,136,210


TY 2024 OtherProfessionalFeesSchedule
Name:
TENACRE FOUNDATION
EIN:
21-0577480
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER PROFESSIONAL SVCS 464,444 0 0 466,885
INVESTMENT MANAGEMENT FEES 1,809,422 1,809,422 1,809,422 0
SECURITY 316,353 0 0 321,786
PAYROLL PROCESSING 112,450 0 0 112,450


TY 2024 TaxesSchedule
Name:
TENACRE FOUNDATION
EIN:
21-0577480
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 484 0 0 0
UNRELATED BUSINESS INCOME TAX 14,000 0 14,000 0