TY 2025 Form 990PF

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	838,127	1,338,924	1,338,924
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	241,719	List of Attached Documents: // Content 496,895	501,573
	b	Investments—corporate stock (attach schedule).......	5,950,246	List of Attached Documents: // Content 4,752,435	12,955,606
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,757,059	List of Attached Documents: // Content 2,757,500	2,836,136
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	8,787,151	9,345,754	17,632,239
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	8,787,151	9,345,754
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	0	0
	29	Total net assets or fund balances (see instructions).....	8,787,151	9,345,754
	30	Total liabilities and net assets/fund balances (see instructions).	8,787,151	9,345,754

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	964,101
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 .........................	3

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	19,179
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	19,179
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	19,179
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	17,734
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	17,734
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.	8	187
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......	9	1,632
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10
11	Enter the amount of line 10 to be: Credited to 2026 estimated tax	Refunded	11
	For Refunded amount, also complete and attach Form 8050. 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
JAMES P WARBURG JR	TRUSTEE 10.00	0	0	0
114 WEST 47TH STREET - 10TH FLOOR NEW YORK,NY10036
PHILIP N WARBURG	PRESIDENT/TREASURER/TRUSTEE 10.00	0	0	0
114 WEST 47TH STREET - 10TH FLOOR NEW YORK,NY10036
SARAH W BLIUMIS-DUNN	SECRETARY/TRUSTEE 10.00	0	0	0
114 WEST 47TH STREET - 10TH FLOOR NEW YORK,NY10036

		(a) Corpus	(b) Years prior to 2024	(c) 2024	(d) 2025
1 Distributable amount for 2025 from Part X, line 7					782,322
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2025:
a From 2020......
b From 2021......
c From 2022......	40,572
d From 2023......	42,580
e From 2024......
f Total of lines 3a through e ........		83,152
4Qualifying distributions for 2025 from Part
XI, line 4: $ 818,113
a Applied to 2024, 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 2025 distributable amount.....					782,322
e Remaining amount distributed out of corpus		35,791
5 Excess distributions carryover applied to 2025.		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		118,943
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 2024. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2025. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2026 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2020 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......		118,943
10 Analysis of line 9:
a Excess from 2021 ....
b Excess from 2022 ....	40,572
c Excess from 2023 ....	42,580
d Excess from 2024 ....
e Excess from 2025 ....	35,791

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
92ND ST Y 1395 LEXINGTON AVE NEW YORK,NY10128	N/A		UNTERBERG POETRY CENTER	2,500
ACADEMY OF AMERICAN POETS 75 MAIDEN LN RM 901 NEW YORK,NY10038	N/A		GENERAL OPERATING EXPENSES	2,500
ACLU FOUNDATION INC PMB 62825 BEAVERTON,OR97008	N/A		GENERAL OPERATING EXPENSES	20,000
ADVOCATES FOR A COMMUNITY COLLEGE EDUCATION 261 WHITES PATH SUITE 5 SOUTH YARMOUTH,MA02664	N/A		GENERAL OPERATING EXPENSES	15,000
AFRICAN AMERICAN DANCE ENSEMBLE 120 MORRIS ST DURHAM,NC277013230	N/A		BLACKSPACE PROGRAM	5,000
AFTERWORK THEATER INC 1580 AMSTERDAM AVE APT 34 NEW YORK,NY10031	N/A		GENERAL OPERATING EXPENSES	25,000
BETTER FUTURE PROJECT 15 PROPERZI WAY SOMERVILLE,MA02143	N/A		GENERAL OPERATING EXPENSES	10,000
BOSTON UNIVERSITY PO BOX 28763 NEW YORK,NY100878763	N/A		WBUR GENERAL SUPPORT AND HERE AND NOW'S REVERSE COURSE INITIATIVE	15,000
BRIGID ALLIANCE PO BOX 58 NEW YORK,NY10024	N/A		GENERAL OPERATING EXPENSES	10,000
CAROLINA FEDERATION FUND PO BOX 62212 DURHAM,NC27715	N/A		GENERAL OPERATING EXPENSES	15,000
CERES INC PO BOX 843046 BOSTON,MA022843046	N/A		GENERAL OPERATING EXPENSES	5,000
CENTRAL PARK CONSERVANCY 717 FIFTH AVENUE NEW YORK,NY10022	N/A		GENERAL OPERATING EXPENSES	10,000
CENTER FOR COASTAL STUDIES INC 5 HOLWAY AVENUE PROVINCETOWN,MA02657	N/A		GENERAL OPERATING EXPENSES	5,000
CENTER FOR REPRODUCTIVE RIGHTS 199 WATER ST FL 22 NEW YORK,NY10038	N/A		GENERAL OPERATING EXPENSES	10,000
CHILDRENS ADVOCACY CENTER OF SUFFOLK COUNTY 989 COMMONWEALTH AVE BOSTON,MA02215	N/A		GENERAL OPERATING EXPENSES AND SUPPORT CAPITAL CAMPAIGN	45,000
CONGENITAL HYPERINSULINISM INTL PO BOX 135 GLEN RIDGE,NJ07028	N/A		GENERAL OPERATING EXPENSES	15,000
CONSERVATION LAW FDN 62 SUMMER ST BOSTON,MA02110	N/A		GENERAL OPERATING EXPENSES	10,000
DUKE UNIVERSITY HEALTH SYSTEM INC 324 BLACKWELL ST STE 850 DURHAM,NC277013659	N/A		GENERAL OPERATING EXPENSES	10,000
DUKE UNIVERSITY MEDICAL CENTER 300 WMORGAN STREET STE 1200 DURHAM,NC27701	N/A		FREELON FUND	10,000
ENO RIVER ASSOCIATION 4404 GUESS RD DURHAM,NC27712	N/A		GENERAL OPERATING EXPENSES	10,000
ENVIRONMENT AMERICA 1543 WAZEE ST STE 410 DENVER,CO80202	N/A		CLEAN, GREEN AND RENEWABLE ENERGY	10,000
ENVIRONMENTAL LAW AND POLICY CENTRE 35 E WACKER DR STE 1600 CHICAGO,IL60601	N/A		GENERAL OPERATING EXPENSES	20,000
ENVIRONMENTAL LAW INSTITUTE 1730 M STREET NW SUIE 700 WASHINGTON,DC20036	N/A		GENERAL OPERATING EXPENSES	10,000
ENVIRONMENTAL LEAGUE OF MA 15 COURT SQ STE 1000 BOSTON,MA02108	N/A		ADVANCEMENT OF MA CLEAN ENERGY FUTURE PROGRAM	20,000
FINE ARTS WORK CTR PROVINCETOWN 24 PEARL ST PROVINCETOWN,MA02657	N/A		GENERAL OPERATING EXPENSES	5,000
FRIENDS OF ACADIA PO BOX 45 BAR HARBOR,ME04609	N/A		GENERAL OPERATING EXPENSES	5,000
FRIENDS OF ISRAEL'S ENVIRONMENT 231 BUSSEY STREET DEDHAM,MA02062	N/A		GENERAL OPERATING EXPENSES	20,000
GRAND CANYON CONSERVANCY PO BOX 399 GRAND CANYON,AZ86023	N/A		GENERAL OPERATING EXPENSES	5,000
HAND IN HAND PO BOX 80102 PORTLAND,OR97221	N/A		GENERAL OPERATING EXPENSES	10,000
HERITAGE RADIO SOCIETY PO BOX 414 YARMOUTH,ME04096	N/A		WYAR	1,500
HUDSON VALLEY WRITERS CENTER 300 RIVERSIDE DR SLEEPY HOLLOW,NY10591	N/A		JUDSON VALLEY WRITERS CENTER GENERAL OPERATING EXPENSE AND SLEEPY HOLLOW READING SERIES	15,000
INSTITUTE FOR LOCAL SELF-RELIANCE 2720 E 22ND STREET MINNEAPOLIS,MN55406	N/A		GENERAL OPERATING EXPENSES	10,000
ISAIAH 2356 UNIVERSITY AVE W STE 405 ST PAUL,MN551143802	N/A		GENERAL OPERATING EXPENSES	10,000
J STREET EDUCATIONAL FUND PO BOX 66073 WASHINGTON,DC20035	N/A		GENERAL OPERATING EXPENSES	10,000
JAZZ FORUM ARTS 1 DIXON LANE TARRYTOWN,NY10591	N/A		GENERAL OPERATING EXPENSES	5,000
JEWISH COMMUNITY CENTER IN MANHATTAN INC 334 AMSTERDAM AVE NEW YORK,NY10023	N/A		JCC OF HARLEM	10,000
MAINE PUBLIC BROADCASTING CORP 1450 LISBON ST LEWISTON,ME04240	N/A		MAINE PUBLIC RADIO	10,000
ME WRITER PUBLISHERS ALLIANCE 519 CONGRESS ST PORTLAND,ME04101	N/A		GENERAL OPERATING EXPENSES	5,000
MIANUS RIVER GORGE INC 167 MIANUS RIVER RD BEDFORD,NY10506	N/A		GENERAL OPERATING EXPENSES	5,000
MOUNT SINAI HOSPITAL 1 G LEVY PLACE BOX 1049 NEW YORK,NY10029	N/A		FUSTER HEART EP LAB	10,000
MY LIFE MATTERS 80 DANWIN LANE ROXBORO,NC27573	N/A		GENERAL OPERATING EXPENSES	10,000
NATIONAL NETWORK ABORTION FUNDS 9450 SW GEMINI DR BEAVERTON,OR97008	N/A		GENERAL OPERATING EXPENSES	10,000
NATIONAL PUBLIC RADIO INC PO BOX 791490 BALTIMORE,MD21279	N/A		GENERAL OPERATING EXPENSES	20,000
NATURAL RESOURCES DEFENSE COUNCIL 40 WEST 20TH STREET NEW YORK,NY10011	N/A		GENERAL OPERATING EXPENSES	20,000
NEW FLORIDA MAJORITY EDUCATION FUND INC 10800 BISCAYNE BLVD STE 1050 MIAMI,FL331617566	N/A		GENERAL OPERATING EXPENSES	15,000
NEW JEWISH NARRATIVE 1320 19TH ST NW STE 400 WASHINGTON,DC20036	N/A		GENERAL OPERATING EXPENSES	5,000
NEW ISRAEL FUND 6 EAST 39TH ST STE 301 NEW YORK,NY10016	N/A		NASIJ NIF INITIATIVE TO STRENGTHEN ARAB ISRAELI CIVIL SOCIETY	30,000
NEW JERSEY RESOURCE PROJECT 128 BARTLETT AVE WEST CREEK,NJ08092	N/A		GENERAL OPERATING EXPENSES	5,000
NORTHERN WESTCHESTER HOSPITAL 972 BRUSH HOLLOW RD WESTBURY,NY11590	N/A		KEN HAMILTON'S CAREGIVERS CENTER	10,000
NYPIRG FUND INC 9 MURRAY ST LOWER LEVEL NEW YORK,NY10007	N/A		GENERAL OPERATING EXPENSES	5,000
ON BEING PROJECT 1619 HENNEPIN AVENUE MINNEAPOLIS,MN55403	N/A		POETRY UNBOUND	5,000
ORION MAGAZINE 187 MAIN ST GREAT BARRINGTON,MA01230	N/A		GENERAL OPERATING EXPENSES	1,000
PEN AMERICAN CENTER 588 BROADWAY NEW YORK,NY10012	N/A		GENERAL OPERATING EXPENSES	5,000
PLANNED PARENTHOOD FED AMERICA 123 WILLIAM ST 10TH FLOOR NEW YORK,NY10038	N/A		GENERAL OPERATING EXPENSES	10,000
POETRY SOCIETY OF AMERICA 119 SMITH STREET BROOKLYN,NY11201	N/A		GENERAL OPERATING EXPENSES	2,500
POETS & WRITERS INC 90 BROAD STREET NEW YORK,NY10004	N/A		GENERAL OPERATING EXPENSES	2,500
POPULATION MEDIA CENTER PO BOX 2143 SOUTH BURLINGTON,VT05403	N/A		GENERAL OPERATING EXPENSES	5,000
POETS HOUSE INC 10 RIVER TER NEW YORK,NY10282	N/A		GENERAL OPERATING EXPENSES	5,000
REPRODUCTIVE FREEDOM FOR ALL FDN 1725 EYE STREET NW SUITE 900 WASHINGTON,DC20006	N/A		GENERAL OPERATING EXPENSES	10,000
RESCUE MISSION MINISTRIES INC 507 E KNOX ST DURHAM,NC277011438	N/A		GENERAL OPERATING EXPENSES	5,000
SIERRA CLUB FOUNDATION 2101 WEBSTER ST SUITE 1300 OAKLAND,CA94612	N/A		GENERAL OPERATING EXPENSES	5,000
STUDENT U 600 E UMSTEAD ST DURHAM,NC27701	N/A		GENERAL OPERATING EXPENSES	5,000
THE POINT CDC 940 GARRISON AVE BRONX,NY104745335	N/A		GENERAL OPERATING EXPENSES	20,000
TIDES FOUNDATION P O BOX 889389 LOS ANGELES,CA900889392	N/A		MOVEMENT VOTER FUND	30,000
URBAN ALLIANCE 2030 Q ST NW WASHINGTON,DC20009	N/A		GENERAL OPERATING EXPENSES	20,000
VERMONT FDN FOR RECOVERY 78 PEARL STREET 5490 ESSEX JUNCTION,VT05453	N/A		GENERAL OPERATING EXPENSES	10,000
VIRGINIA CENTRE FOR THE CREATIVE ARTS 154 SAN ANGELO DR AMHERST,VA24521	N/A		GENERAL OPERATING EXPENSES	2,500
WE ARE DOWN HOME PO BOX 10671 GREENSBORO,NC27404	N/A		GENERAL OPERATING EXPENSES	15,000
WORLD CENTRAL KITCHEN PO BOX 96538 WASHINGTON,DC20090	N/A		TOWARDS PRODUCTION OF 10,000 MEALS TO BE DISTRIBUTED TO PEOPLE LIVING IN GAZA	20,000
WESTMORELAND SANCTUARY INC 260 CHESTNUT RIDGE RD MOUNT KISCO,NY10549	N/A		GENERAL OPERATING EXPENSES	1,500
YELLOWSTONE FOREVER 222 E MAIN ST STE 301 BOZEMAN,MT59715	N/A		GENERAL OPERATING EXPENSES	5,000
YETZIRAH PO BOX 18613 ASHEVILLE,NC18613	N/A		MILES AND MIMI COON SCHOLARSHIP FUND	5,000
YETZIRAH PO BOX 18613 ASHEVILLE,NC18613	N/A		MILES AND MIMI COON SCHOLARSHIP FUND	5,000
YOSEMITE FOUNDATION 101 MONTGOMERY ST STE 2450 SAN FRANCISCO,CA94104	N/A		GENERAL OPERATING EXPENSES	5,000
Total ................................. 3a				776,500

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .................
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	446,348		446,348
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		964,101
b	Gross sales price for all assets on line 6a 2,712,785
7	Capital gain net income (from Part IV, line 2)...			964,101
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).......
12	Total. Add lines 1 through 11........	1,410,449		1,410,449
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	71,090	30,699	40,391
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	3,034	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	1,222	0	1,222
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	75,346		30,699	41,613
25	Contributions, gifts, grants paid.......	776,500			776,500
26	Total expenses and disbursements. Add lines 24 and 25 ................	851,846		30,699	818,113
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	558,603
b	Net investment income (if negative, enter -0-)			1,379,750
c	Adjusted net income (if negative, enter -0-)...

(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	PUBLICLY TRADED SECURITIES
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,712,785	1,748,684	964,101
b
c
d
e

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			964,101
b
c
d
e

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


(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...................				0

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2025	(b) 2024	(c) 2023	(d) 2022	(e) Total

b 85% (0.85) of line 2a .......
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, 3b, or 3c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	446,348
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	964,101
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		1,410,449	0

Paid Preparer Use Only	Preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ALPHABET INC CL A	539,970	1,314,600
AMGEN INC	17,979	18,984
APPLE INC	47,735	1,087,440
CISCO SYS INC	65,948	288,863
GENERAL DYNAMICS CORP	24,108	210,413
GOLDMAN SACHS	540,187	1,358,055
JOHNSON & JOHNSON	190,291	548,418
JP MORGAN CHASE & CO	105,378	729,506
JP MORGAN EQUITY	935,114	988,535
META PLATFORMS	156,828	1,056,144
MICROSOFT CORP	78,285	918,878
MORGAN STANLEY	92,772	568,096
PEPSICO INC	42,757	269,100
TJX COS INC NEW	102,879	460,830
VANGUARD 500 INDEX FUND	250,634	255,240
WELLS FARGO & CO	2,549	233,000
VANGUARD MID-CAP ETF	188,995	533,715
VANGUARD SMALL-CAP ETF	275,625	699,045
SEAGATE TECH HLDGS PUB	54,324	173,771
SPDR S&P EMERGING	244,515	318,630
WISDOMTREE EM SMALL CAP	483,233	605,027
ISHARES INTL SELECT DIVIDEND ETF	150,178	155,354
SPDR MSCI ACWI EX US	150,062	152,012
STRYKER CORP	12,089	11,950

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
BBH LIMITED DURATION	AT COST	1,555,857	1,631,942
ISHARES CORE US	AT COST	501,157	508,988
INVESCO PREFFERED ETF	AT COST	250,443	242,357
PRINICIPAL SPECTRUM PREF SECURITES ACTIVE ETF	AT COST	150,005	151,798
ISHARES 1-3 YR TREASURY BD	AT COST	300,038	301,051

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGMENT FEE	30,699	30,699		0
GRANTMAKING FEES	40,391	0		40,391

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

Line No.	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.)

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Software ID:
Software Version: