Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
LOUIS F & MARY A TAGLIATELA
FAMILY FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address) C/O S LOPES 1621 STATE STREET
  Room/suite
City or town
NEW HAVEN
State or province
CT
Country  
ZIP or foreign postal code
06511
A Employer identification number

06-1482333
B Telephone number (see instructions)

2036244196
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$7,191,511J 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)  
2 Check .................
3 Interest on savings and temporary cash investments 44,119 44,119  
4 Dividends and interest from securities... 144,962 144,962  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 85,090
b Gross sales price for all assets on line 6a 375,488
7 Capital gain net income (from Part IV, line 2)... 85,090
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,817 1,817  
12 Total. Add lines 1 through 11........ 275,988 275,988  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,200     9,200
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
65,154 65,154    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
10,606 10,606    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
520 470   50
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 85,480 76,230   9,250
25 Contributions, gifts, grants paid....... 410,660 410,660
26 Total expenses and disbursements. Add lines 24 and 25 ................ 496,140 76,230   419,910
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -220,152
b Net investment income (if negative, enter -0-) 199,758
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 89,996 161,062 161,062
2 Savings and temporary cash investments......... 1,526,083 881,849 881,849
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) 1,727
Less: allowance for doubtful accounts   1,250 Click to see attachment
List of Attached Documents:
// Content
1,727 		1,727
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)....... 2,396,566 Click to see attachment
List of Attached Documents:
// Content
2,749,105 		6,146,873
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,013,895 3,793,743 7,191,511
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 4,013,895 3,793,743
29 Total net assets or fund balances (see instructions)..... 4,013,895 3,793,743
30 Total liabilities and net assets/fund balances (see instructions). 4,013,895 3,793,743
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
4,013,895
2
Enter amount from Part I, line 27a .....................
2
-220,152
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,793,743
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
3,793,743
Form 990-PF (2025)
Form 990-PF (2025)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a CRANE CO P 2001-09-25 2025-01-22
b MODINE MANUFACTURING CO P 2020-10-21 2025-01-22
c WELLS FARGO P 2012-08-31 2025-01-22
d KINNEVIK AB P 2024-12-27 2025-04-25
e CRANE CO P 2001-09-25 2025-05-28
GCI LIBERTY P 2025-01-01 2025-07-15
TELEPHONE & DATA SYS INC P 2008-08-29 2025-07-25
TELEPHONE & DATA SYS INC P 2008-08-29 2025-07-25
TELEPHONE & DATA SYS INC P 2011-10-24 2025-07-25
TELEPHONE & DATA SYS INC P 2023-03-31 2025-07-25
WALGREENS BOOTS ALLIANCE INC P   2025-08-28
WALGREENS BOOTS ALLIANCE INC P   2025-08-28
SUNRISE COMMUNICATIONS P   2025-08-21
MUELLER INDUSTRIES INC P 2025-04-11 2025-09-13
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 16,250   1,458 14,792
b 14,401   1,432 12,969
c 15,503   6,596 8,907
d 7,755   11,736 -3,981
e 34,662   2,919 31,743
12   13 -1
21,566   18,962 2,604
20,312   18,477 1,835
35,308   18,669 16,639
4,062   1,046 3,016
160,300   164,790 -4,490
11,450   23,648 -12,198
14,095   5,876 8,219
19,812   14,776 5,036
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       14,792
b       12,969
c       8,907
d       -3,981
e       31,743
      -1
      2,604
      1,835
      16,639
      3,016
      -4,490
      -12,198
      8,219
      5,036
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 85,090
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 1,054
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 2,777
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 2,777
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 2,777
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 5,700
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,700
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 2,923
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax2,923 Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
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)
CT
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressN/A
14
The books are in care ofSTEVE LOPES Telephone no. (203) 624-4196

Located at1621 STATE STREETNEW HAVENCT ZIP+406511
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
 
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
PATRICIA TAGLIATELA SECRETARY/DI
000.00 		0 0 0
1621 STATE STREET
NEW HAVEN,CT06511
LOUIS F TAGLIATELA JR PRESIDENT
000.00 		0 0 0
2 SMOKE RISE ROAD
WALLINGFORD,CT06492
STEPHEN TAGLIATELA DIRECTOR
000.00 		0 0 0
1621 STATE STREET
NEW HAVEN,CT06511
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
6,739,424
b
Average of monthly cash balances.......................
1b
147,113
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
6,886,537
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
6,886,537
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
103,298
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,783,239
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
339,162
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
339,162
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
2,777
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,777
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
336,385
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
336,385
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
336,385
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
419,910
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
419,910
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 336,385
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 264,660
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2025 from Part
XI, line 4: $ 419,910
a Applied to 2024, but not more than line 2a 264,660
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 2025 distributable amount..... 155,250
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2025.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		181,135
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
PATRICIA TAGLIATELA
LOUIS F TAGLIATELA JR
STEPHEN TAGLIATELA
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ALBERTUS MAGNUS COLLEGE

700 PROSPECT STREET
NEW HAVEN,CT06511 		NONE   TO ACCOMPLISH CHARITABLE PURPOSE 200,000

CHESHIRE ACADEMY

10 MAIN STREET
CHESHIRE,CT06410 		NONE   TO ACCOMPLISH CHARITABLE PURPOSE 10,000

CYSTIC FIBROSIS FOUNDATION

306 INDUSTRIAL PARK ROAD
MIDDLETOWN,CT06457 		NONE   TO ACCOMPLISH CHARITABLE PURPOSE 5,000

LYME ACADEMY COLLEGE OF FINE ARTS

84 LYME STREET
OLD LYME,CT06371 		NONE   TO ACCOMPLISH CHARITABLE PURPOSE 1,000

MULTIPLE SCLEROSIS FOUNDATION

6520 N ANDREWS AVE
FORT LAUDERDALE,FL33309 		NONE   TO ACCOMPLISH CHARITABLE PURPOSE 1,000

PARENTS FOUNDATION FOR TRANSITIONAL
LIVING
100 BROADWAY
NEW HAVEN,CT06511 		NONE   TO ACCOMPLISH CHARITABLE PURPOSE 1,000

ST JOSEPHS INDIAN SCHOOL

1301 N MAIN
CHAMBERLAIN,SD57325 		NONE   TO ACCOMPLISH CHARITABLE PURPOSE 60

UNIVERSITY OF NEW HAVEN

300 BOSTON POST RD
WEST HAVEN,CT06516 		NONE   TO ACCOMPLISH CHARITABLE PURPOSE 192,500

SAVE THE SOUND

127 CHURCH ST 2ND FLOOR
NEW HAVEN,CT06510 		NONE   TO ACCOMPLISH CHARITABLE PURPOSE 100
Total ................................. 3a 410,660
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 44,119  
4 Dividends and interest from securities ....     14 144,962  
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 1,817  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 85,090  
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) ..   275,988  
13Total. Add line 12, columns (b), (d), and (e)..................
13
275,988
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
LOUIS F & MARY A TAGLIATELA
 
FAMILY FOUNDATION
EIN:
06-1482333
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 9,200     9,200

TY 2025 InvestmentsCorpStockSchedule
Name:
LOUIS F & MARY A TAGLIATELA
 
FAMILY FOUNDATION
EIN:
06-1482333
Name of Stock End of Year Book Value End of Year Fair Market Value
ACUITY BRANDS INC 3,632 108,012
ADVANCED AUTO PARTS 58,341 58,950
ALGONQUIN PWR & UTIL CRP 29,532 36,900
AMC NETWORKS INC. 15,649 9,520
AMERICAN EXPRESS CO 7,411 110,985
AMETEK INC 3,082 164,248
AMPCO PITTSBURGH CORP 8,974 14,391
APA CORP 61,916 61,150
ARCHER DANIELS MIDLAND 5,187 17,247
AT&T INC 14,715 37,260
ATLANTA BRAVES HOLDIN INC SER A 64,315 93,478
ATLANTA BRAVES HOLDIN INC SER C 11,261 11,835
AVISTA CORP 84,904 88,642
BANK OF NY 36,341 116,090
BIGLARI HOLDINGS INC 9,183 17,401
BURNHAM HLDG INC 9,002 12,034
CAESARS ENTMT INC 15,121 11,695
CNH INDUSTRIAL 64,287 55,320
COCA COLA CO 22,163 69,910
CRANE CO 17,511 221,316
DANA HOLDING CORP 32,326 52,272
DANONE SPONS ADR 10,735 18,040
DEERE & CO 12,507 186,228
DIAGEO PLC 21,665 43,135
DUCOMMUN INC 28,856 47,565
EDGEWELL PERS CARE CO 6,487 8,525
ELI LILLY & COMPANY 2,946 85,974
ENERGIZER HLDGS INC 9,933 9,945
EVERGY INC 18,966 57,992
EVERSOURCE ENERGY 18,330 67,330
EXXON MOBIL CORP 31,976 84,238
FIRST ENERGY CORP 3,295 16,431
FLOWSERVE CORP COM 10,965 104,070
FORTUNE BRANDS HOME & SECURITY 2,613 10,004
FOX CORP CL A 3,569 24,332
FOX CORP CL B 27,380 38,958
GATX CORP 35,777 220,480
GCI LIBERTY INC SER C 887 1,042
GCI LIBERTY INC SER A 239 258
GENERAL MILLS INC 18,849 37,200
GRACO INC 14,561 65,576
GRUPO TELEVISA SA DE CV 34,154 34,920
HENRY SCHEIN INC 34,853 37,790
HERC HLDGS INC 12,208 51,933
HEXCEL CORP 56,094 73,900
HONEYWELL INT'L INC 7,096 58,527
HYSTER YALE MATLS HANDLING ICL 19,044 11,884
INNOVEX 66,474 72,171
OMNICOM GROUP INC 9,862 13,889
INTL FLAVORS & FRAGRANCES 31,872 53,912
ITT CORP NEW COM 8,098 86,755
IVECO GRP 27,080 66,120
J.P. MORGAN CHASE & CO 13,505 96,666
JOHNSON & JOHNSON 15,729 62,085
JOHNSON CONTROLS INTERNATIONAL 9,460 59,875
KINNEVIK INVESTMENTS 8,269 9,147
LENNAR B SHARES 41,290 85,608
LIBERTY BROADBAND CORP - SER A 223 1,690
LIBERTY BROADBAND CORP - SER C 428 4,471
LIBERTY GLOBAL INC COM SER A 7,865 11,140
LIBERTY GLOBAL INC COM SER C 4,038 13,182
LIBERTY LATIN AMERICA CL A 74,297 55,425
LIBERTY LATIN AMERICA CL C 2,210 2,163
LIBERTY MEDIA CORP LIVE SER A 192 2,934
LIBERTY MEDIA CORP LIVE SER C 631 6,819
LIBERTY MEDIA GROUP A 122 3,128
LIBERTY MEDIA GROUP C 237 6,896
LIBERTY SIRIUS XM HOLDINGS INC 1,650 7,758
MADISON SQUARE GARDEN ENT 441 27,214
MADISON SQUARE GARDEN SPORTS 38,925 129,325
MASTERBRAND INC 358 2,208
MATTHEWS INTL CORP 22,067 26,120
MILLICOM INTL CELLULAR 28,266 77,616
MILLROSE PPTYS INC 8,222 10,455
MODINE MFG CO 10,014 93,457
MONDELEZ INTERNATIONAL 14,735 43,064
MONRO INC 21,970 30,060
MSC INDUSTRIAL DIRECT CO 34,941 33,640
MUELLER INDUSTRIES INC 14,776 22,960
MUELLER WATER PRODUCTS INC 17,509 35,730
MYERS INDUSTRIES INC 96,709 116,064
NATIONAL FUEL GAS CO 81,739 128,096
NEWMONT CORP 45,998 119,820
NEWS CORP CL A 1,724 6,530
NEWS CORP CL C 26,147 44,445
XPLR INFRASTRUCTURE LP 23,200 10,000
NISOURCE INC 5,039 25,056
OTTER TAIL CORPORATION 15,992 32,324
PERRIGO CO 28,829 13,920
PFIZER INC 66,735 74,700
PNC FINANCIAL SERVICES GROUP 25,554 83,492
REMY COINTREAU 17,139 12,120
RESIDEO TECHNOLOGIES INC 1,149 8,183
ROGERS COMMUNICATIONS CL B 6,676 18,865
RYMAN HOSPITALITY PPTYS INC 8,805 47,310
SINCLAIR BROADCAST GROUP INC 152,709 122,400
SOLSTICE ADVANCED MATLS INC 438 3,644
SPHERE ENTERTAINMENT 3,180 48,015
STATE STREET 46,763 129,010
STRATTEC SECURITY CORP 9,240 30,456
SUNRISE COMMUNICATIONS 2,497 10,741
T-MOBILE US INC 2,992 27,207
TEGNA INC 31,182 38,820
TELEPHONE & DATA SYSTEM INC 33,608 165,189
TEXTRON INC 89,931 130,755
THE CAMPBELL'S COMPANY 41,377 27,870
TREDEGAR INDS INC 101,682 80,416
ARRAY DIGITAL INFRASTRUCTURE 45,701 75,068
VALMONT INDS INC 22,800 80,464
VIVENDI 21,263 20,160
WALGREENS BOOTS ALLIANCE INC    
WARNER BROS DISCOVERY INC 19,116 68,073
WASTE MGMT INC 11,217 65,913
WATTS INDS INC CL A 2,856 41,403
WELLS FARGO & CO 16,223 55,920
WYNN RESORTS 34,741 48,132
XYLEM 14,616 81,708
ZIMMER BIOMET HLDG 38,944 35,968

TY 2025 OtherExpensesSchedule
Name:
LOUIS F & MARY A TAGLIATELA
 
FAMILY FOUNDATION
EIN:
06-1482333
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
ANNUAL FILING FEE 50     50
MISC INVESTMENT FEES 470 470    


TY 2025 OtherIncomeSchedule2
Name:
LOUIS F & MARY A TAGLIATELA
 
FAMILY FOUNDATION
EIN:
06-1482333
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INVESTMENT INCOME 1,817 1,817  


TY 2025 OtherNotesLoansRcvblShortSch2
Name:
LOUIS F & MARY A TAGLIATELA
 
FAMILY FOUNDATION
EIN:
06-1482333
Name of 501(c)(3) Organization Balance Due
MISC RECEIVABLE
  		1,727


TY 2025 OtherProfessionalFeesSchedule
Name:
LOUIS F & MARY A TAGLIATELA
 
FAMILY FOUNDATION
EIN:
06-1482333
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 65,154 65,154    


TY 2025 TaxesSchedule
Name:
LOUIS F & MARY A TAGLIATELA
 
FAMILY FOUNDATION
EIN:
06-1482333
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,059 2,059    
FEDERAL EXCISE TAX ON INVESTMENT 8,547 8,547