TY 2024 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.............	16,052	5,500	5,500
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 25,755	List of Attached Documents: // Content 27,673	List of Attached Documents: // Content 27,673
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	41,807	33,173	33,173
	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........	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	41,807	33,173
	29	Total net assets or fund balances (see instructions).....	41,807	33,173
	30	Total liabilities and net assets/fund balances (see instructions).	41,807	33,173

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
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	0
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	0
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	0
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	1,194
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	1,194
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.......	9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10	1,194
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax1,194	Refunded	11	0

(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
ISAAC J SITT	PRESIDENT 4.00	0	0	0
C/O VESPER HOLDINGS 595 MADISON AVE NEW YORK,NY10022

		(a) Corpus	(b) Years prior to 2023	(c) 2023	(d) 2024
1 Distributable amount for 2024 from Part X, line 7					3,333
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......	44,215
b From 2020......
c From 2021......
d From 2022......	291,169
e From 2023......	312,376
f Total of lines 3a through e ........		647,760
4Qualifying distributions for 2024 from Part
XI, line 4: $ 507,508
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.....					3,333
e Remaining amount distributed out of corpus		504,175
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		1,151,935
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) ...		44,215
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		1,107,720
10 Analysis of line 9:
a Excess from 2020....
b Excess from 2021....
c Excess from 2022....	291,169
d Excess from 2023....	312,376
e Excess from 2024....	504,175

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
AHAVA BABY INC DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10022	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	501
AMERICAN FRIENDS OF CHABAD LUBAVITCH DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10023	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	10,000
AMERICAN FRIENDS OF ESHEL DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10024	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	501
AMERICAN FRIENDS OF MIGDAL OHR DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10026	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,800
BANAYICH BONAYICH DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10028	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	4,595
BET MIDRASH OHEL TORAH DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10031	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	101
BET YAAKOV OF THE JERSEY SHORE DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10032	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	100
BNEI ARAM SOBA DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10034	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	250
BNEI YITZHAK DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10036	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	500
CHABAD HOUSE ON WHEELS INC DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10040	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	501
CHABAD OF AUSTIN DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10041	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	7,000
CHABAD OF SCOTTSDALE DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10042	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,000
CHABAD OF SOUTH AUSTIN DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10043	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,800
CHABAD OF THE SHORE DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10044	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	25,600
CHABAD TUSCON DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10046	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	5,200
CHAI LIFELINE DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10047	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,800
CONGRAETION BEIT EDMOND DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10049	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	4,053
CONGREGATION BET-EL DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10051	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,800
CONGREGATION BEIT YOSEF OF DEAL INC DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10052	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,000
CONGREGATION BNEI YESHIVA DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10055	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	31,600
CONGREGATION CHESED L'AVRAHAM DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10057	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	12,600
CONGREGATION KEHILATH JESHURUN DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10058	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	2,723
CONGREGATION MAGEN DAVID DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10059	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,220
CONGREGATION OHEL YITZCHOK DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10060	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	5,400
DSN COMMUNITY CENTER DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10062	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	5,200
FMBA LOCAL 68 DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10064	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	50
FRIENDS OF UNITED HATZALAH DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10066	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,800
HILLEL YESHIVA DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10068	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	2,600
ILAN HIGH SCHOOL DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10069	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,800
JHERIN ESTHER GORCEY AH DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10073	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	801
LARCHWOOD SYNAGOGUE INC DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10077	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	19,800
LIGHTEN OUR LIVES SEFARDIC SYNAGOGUE DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10078	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	501
LUNG CANCER RESEARCH FOUNDATION DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10079	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	501
MAGEN DAVID CONGREGATION OF SURFSIDE INC DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10080	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	7,305
MAGEN DAVID OF YESHIVAH SCHOOL DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10081	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	111,000
MEKUDESHET DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10082	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	10,501
MIKDASH ELIYAHU DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10083	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	501
MOISE SAFRA CENTER DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10084	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	49,115
MSU CHABAD DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10086	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	3,600
NESACH YISRAEL INSTITUTION DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10087	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	250
NEW YORK CANCER FOUNDATION DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10088	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	10,000
OHEL YAACOB DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10090	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	501
PARK AVE SYNAGOGUE DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10091	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	10,000
RANDIS CARE INC DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10092	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	10,000
RENEWAL DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10093	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	501
RISING HEROES DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10094	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,800
ROHR CHABAD AT GW DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10095	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,800
SAFE FOUNDATION INC DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10096	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	20,000
SEPHARDIC ACADEMY OF MANHATTAN DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10097	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	36,450
SEPHARDIC HERITAGE MUSEUM DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10102	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	13,500
SEPHARDIV CENTER OF RABBINIC & SECULAR DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10104	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,800
SHAARE EZRA DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10105	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	6,834
SIMHA ORGANIZATION DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10106	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	700
SHUVI NAFSHI FOUNDTATION INC DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10107	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,800
THE NEXT STEP DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10109	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,800
THE SPECIAL CHILDREN'S CENTER DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10111	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	25,000
TIKVOT INC DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10112	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	501
TREES 78 FOUNDATION DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10114	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	500
UJA FEDERATION OF NEW YORK DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10115	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,501
YAD YOSEF DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10117	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	10,000
YDE DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10118	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	7,650
YESHIVAT MAGEN ABRAHAM DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10122	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	2,600
ZERA SHIMSHON FOUNDATION DETAILED ADDRESS INFORMATION AVAILABLE ON REQUEST NEW YORK,NY10123	NONE	501(C) (3)	FOR THE USE OF THE DONEE ORGANIZATION	1,800
Total ................................. 3a				504,008

	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)	500,000
2	Check .............
3	Interest on savings and temporary cash investments	476		476
4	Dividends and interest from securities...
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...			0
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).......	List of Attached Documents: // Content	1,918	1,918
12	Total. Add lines 1 through 11........	502,394		2,394
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).......	List of Attached Documents: // Content	7,000	3,500	3,500
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...
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	20	20	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	7,020		3,520	3,500
25	Contributions, gifts, grants paid.......	504,008			504,008
26	Total expenses and disbursements. Add lines 24 and 25	511,028		3,520	507,508
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-8,634
b	Net investment income (if negative, enter -0-)			0
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.)
1a
b
c
d
e

(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
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(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
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) 2024	(b) 2023	(c) 2022	(d) 2021	(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, 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

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 ...........			14	476
4 Dividends and interest from securities ....
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 .....			14	1,918
8 Gain or (loss) from sales of assets other than inventory ............
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		2,394	0

Paid Preparer Use Only	Print/Type 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 organization THE ISAAC SITT FOUNDATION C/O VESPER HOLDINGS

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	ISAAC SITT C/O VESPER HOLDINGS 595 MADISON AVE NEW YORK, NY10022	$ 500,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)

Name of organization THE ISAAC SITT FOUNDATION C/O VESPER HOLDINGS		Employer identification number 13-7200888

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
		$
(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)


Name of organization THE ISAAC SITT FOUNDATION C/O VESPER HOLDINGS			Employer identification number 13-7200888
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.

Software ID:
Software Version: