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
SMART FAMILY FOUNDATION OF NEW YORK
 
Number and street (or P.O. box number if mail is not delivered to street address) 1333A NORTH AVENUE
  Room/suite
City or town
NEW ROCHELLE
State or province
NY
Country  
ZIP or foreign postal code
108042120
A Employer identification number

81-3395492
B Telephone number (see instructions)

9146322762
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)$75,117,527J 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) 34,734
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,549,478 1,549,478  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,695,229
b Gross sales price for all assets on line 6a 15,383,221
7 Capital gain net income (from Part IV, line 2)... 2,695,229
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........ 4,279,441 4,244,707  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 267,500 53,500   214,000
14 Other employee salaries and wages...... 32,720 6,544   26,176
15 Pension plans, employee benefits....... 17,197 3,439   13,757
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
43,250 8,650   34,600
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
343,035 320,581   22,454
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
107,154 32,154   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
1,505 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 65,776 13,155   52,621
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
29,215 5,843   23,372
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 907,352 443,866   386,980
25 Contributions, gifts, grants paid....... 2,990,000 2,990,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 3,897,352 443,866   3,376,980
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 382,089
b Net investment income (if negative, enter -0-) 3,800,841
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............. 703,980 433,360 433,360
2 Savings and temporary cash investments......... 1,196,289 1,218,461 1,218,461
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) 5,523,416 Click to see attachment
List of Attached Documents:
// Content
5,584,308 		5,503,817
b Investments—corporate stock (attach schedule)....... 31,502,258 Click to see attachment
List of Attached Documents:
// Content
32,077,700 		57,164,908
c Investments—corporate bonds (attach schedule)....... 9,104,666 Click to see attachment
List of Attached Documents:
// Content
9,289,087 		9,049,689
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,555,076 Click to see attachment
List of Attached Documents:
// Content
1,541,408 		1,744,288
14 Land, buildings, and equipment: basis 25,615
Less: accumulated depreciation (attach schedule) 22,611 3,189 Click to see attachment
List of Attached Documents:
// Content
3,004 		3,004
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
206,000 		Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 49,794,874 50,147,328 75,117,527
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 ) Click to see attachment
List of Attached Documents:
// Content
6,863 		Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 6,863 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........ 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 49,788,011 50,147,328
29 Total net assets or fund balances (see instructions)..... 49,788,011 50,147,328
30 Total liabilities and net assets/fund balances (see instructions). 49,794,874 50,147,328
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
49,788,011
2
Enter amount from Part I, line 27a .....................
2
382,089
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
50,170,100
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
22,772
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
50,147,328
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 JP MORGAN CHASE (PUBLICY TRADED SECURITIES)      
b JP MORGAN CHASE (PUBLICY TRADED SECURITIES)      
c BANK OF AMERICA      
d BANK OF AMERICA      
e STAGE 1 GROWTH FUND SERIES WITRICITY HOLDINGS P    
(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 9,263,016   7,249,132 2,013,884
b 2,076,094   1,164,618 911,476
c 748,221   753,064 -4,843
d 3,283,229   3,315,178 -31,949
e 12,661   206,000 -193,339
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       2,013,884
b       911,476
c       -4,843
d       -31,949
e       -193,339
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 2,695,229
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here 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 52,832
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 52,832
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 52,832
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 81,691
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 106,691
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 53,859
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax53,859 Refunded 11 0
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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
IL, NY
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 ofTHE INNOVATIVE CPA GROUP Telephone no. (203) 281-4933

Located atPO BOX 187169HAMDENCT ZIP+406518
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
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
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 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
MARY SMART CHAIR,SECRETARY AND DIRECT
15.00 		120,000 0 0
1333A NORTH AVENUE 432
NEW ROCHELLE,NY108042120
DAVID STONE PRESIDENT,TREASURER AND DI
15.00 		120,000 0 0
1333A NORTH AVENUE 432
NEW ROCHELLE,NY108042120
JIM DANATOS DIRECTOR
5.00 		27,500 0 0
1333A NORTH AVENUE 432
NEW ROCHELLE,NY108042120
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................... 0
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
JP MORGAN INVESTMENT MANAGMENT 201,933
270 PARK AVENUE
NEW YORK,NY10017
BANK OF AMERICA INVESTMENT MANAGMENT 64,598
PO BOX 830269
DALLAS,TX75283
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
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
72,862,564
b
Average of monthly cash balances.......................
1b
520,254
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
73,382,818
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
73,382,818
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,100,742
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
72,282,076
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
3,614,104
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
3,614,104
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
52,832
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
52,832
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,561,272
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,561,272
6
Deduction from distributable amount (see instructions) .................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,561,272
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
3,376,980
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,376,980
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 3,561,272
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 2,682,777
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......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 3,376,980
a Applied to 2024, but not more than line 2a 2,682,777
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..... 694,203
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		2,867,069
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 ...... 		0
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).)
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

AEOLIAN CHAMBER PLAYERS INC

173 RIVERSIDE DRIVE
NEW YORK,NY10024 		NONE   COMPENSATION OF PERFORMERS, YOUNG ARTISTS AND PERFORMANCE RELATED EXPENSES 60,000

ALICE LLOYD COLLEGE

100 PURPOSE ROAD
PIPPA PASSES,KY41844 		NONE   GENERAL SCHOLARSHIPS AT ALC 18,000

ALSTROM SYNDROME INTERNATIONAL

251 SW WILSHIRE BLVD 124-304
BURLESON,TX76028 		NONE   SUPPORT NEW ALSTROM SYNDROME CENTER AND ASI FAMILY RETREAT 25,000

AMERICAN ACADEMY IN BERLIN

14 E 60TH ST SUITE 1104
NEW YORK,NY10022 		NONE   GENERAL SUPPORT 10,000

AMERICAN JEWISH COMMITTEE

165 EAST 56TH STREET
NEW YORK,NY10022 		NONE   GENERAL OPERATING SUPPORT 25,000

AMERICANS FOR BEN-GURION UNIVERSITY INC

1001 AVENUE OF THE AMERICAS 19TH
FLOOR
NEW YORK,NY10018 		NONE   FUND PROF SHOSH ARAD'S SULFATED POLYSACCHARIDES 50,000

ASPEN CENTER FOR PHYSICS

700 W GILLESPIE ST
ASPEN,CO81611 		NONE   SUPPORT PARTICIPANTS 20,000

ASSOCIATED MUSIC TEACHERS LEAGUE INC

51 FAIRMOUNT STREET
HUNTINGTON,NY11743 		NONE   AARON ROSAND MEMORIAL PRIZES 15,000

AT HOME ON THE SOUND INC

PO BOX 523
MAMARONECK,NY10543 		NONE   EXPAND PROGRAMS 10,000

BONE CREEK ART MUSEUM

575 E STREET
DAVID CITY,NE68632 		NONE   RESTORATION AND RENOVATION OF A 21,000 SQUARE FOOT HISTORIC BUILDING IN DAVID CITY NEBRASKA 25,000

CHAMELEON ARTS ENSEMBLE OF BOSTON INC

6 ROCKY NOOK TERRACE
BOSTON,MA02130 		NONE   SUPPORT CHAMBER MUSIC SERIES, UP CLOSE RECITAL SERIES, SPRING MUSIC EDUCATION PROGRAM 10,000

CHATHAM DAY SCHOOL INC

700 SHUNPIKE ROAD
CHATHAM,NJ07928 		NONE   TOGETHER WE PLAY CAPITAL CAMPAIGN 50,000

COLUMBUS HOUSE

586 ELLA T GRASSO BLVD
NEW HAVEN,CT06519 		NONE   GENERAL OPERATING EXPENSES 50,000

CONNECTICUT HOSPICE INC

100 DOUBLE BEACH ROAD
BRANFORD,CT06405 		NONE   SUPPORT GENERAL OPERATING EXPENSES 10,000

CONNECTICUT FOODSHARE INC

2 RESEARCH PARKWAY
WALLINGFORD,CT06492 		NONE   GENERAL OPERATIONS FOOD SERVICE 25,000

CONNECTICUT NEWS PROJECT INC

1049 ASYLUM AVE
HARTFORD,CT06105 		NONE   SUPPORT INVESTIGATIVE REPORTING AND OPERATING EXPENSES 50,000

CONNECTICUT PUBLIC BROADCASTING INC

1049 ASYLUM AVE
HARTFORD,CT06105 		NONE   SUPPORT OF THE NEW ENGLAND NEWS COLLABORATIVE AND GENERAL OPERATING EXPENSES 60,000

DOBBS FERRY HISTORICAL SOCIETY

12 ELM STREET
DOBBS FERRY,NY10522 		NONE   GENERAL SUPPORT FOR REPAIRS AND MAINTENANCE 25,000

DOBBS FERRY HISTORICAL SOCIETY

12 ELM STREET
DOBBS FERRY,NY10522 		NONE   REPAIR AGING FENCING AROUND MEAD HOUSE 25,000

ELI WHITNEY MUSEUM

915 WHITNEY AVENUE
HAMDEN,CT06517 		NONE   SUPPORT OPERATING BUDGET 20,000

FOLKSBEINE YIDDISH THEATRE INC

36 BATTERY PLACE 4TH FLOOR
NEW YORK,NY10280 		NONE   SUPPORT YIDDISH CULTURAL OFFERINGS 76,000

FOOTE SCHOOL ASSOCIATION INC

50 LOOMIS PLACE
NEW HAVEN,CT06511 		NONE   SUPPORT K-8 GRADE SUMMER ENRICHMENT PROGRAM FOR LOW INCOME STUDENTS ATTENDING NEW HAVEN PUBLIC SCHOOL 50,000

FRACTURED ATLAS INC

PO BOX 55
HARTSDALE,NY10530 		NONE   WESTCHESER REVIEW 10,000

FRACTURED ATLAS INC

PO BOX 55
HARTSDALE,NY10530 		NONE   SUPPORT OF HOLOCAUST AWARENESS THROUGH DOCUMENTARY FILM 50,000

FRIENDS ASSOCIATION FOR CARE & PROTECTION OF CHILDREN

113 WEST CHESTNUT STREET
WESTCHESTER,PA19380 		NONE   GENERAL OPERATING FUNDS 10,000

FRIENDS OF THE OLD CROTON AQUEDUCT INC

15 WALNUT STREET
DOBBS FERRY,NY10522 		NONE   GENERAL OPERATING FUNDS 10,000

FRIENDS OF THE ISRAEL DEFENSE FORCES

PO BOX 4224
NEW YORK,NY10163 		NONE   FUND 10 ONE YEAR IMPACT SCHOLARSHIPS FOR THE 2025 ACADEMIC YEAR 50,000

GPS WRESTLING BOOSTER

10 BROOK RIDGE ROAD
NEW ROCHELLE,NY10804 		NONE   PROVIDE DIRECT FINANCIAL SUPPORT TO ATHLETES 30,000

GREENWICH CORAL SOCIETY INC

PO BOX 523
GREENWICH,CT06836 		NONE   GENERAL SUPPORT 25,000

HEBREW FREE LOAN SOCIETY INC

675 THIRD AVENUE 19TH FLOOR
NEW YORK,NY10017 		NONE   GENERAL OPERATING SUPPORT 75,000

HOPKINS SCHOOL INCORPORATED

986 FOREST ROAD
NEW HAVEN,CT06515 		NONE   SUPPORT EDUCATIONAL ENRICHMENT PROGRAM FOR 5TH-8TH GRADERS IN NEW HAVEN PUBLIC SCHOOLS 35,000

INTEGRATED REFUGEE & IMMIGRANT SERVICE INC

235 NICOLL STREET
NEW HAVEN,CT06511 		NONE   GENERAL OPERATING EXPENSES 50,000

INTERNATIONAL OCD FOUNDATION INC

55 COURT ST
BOSTON,MA02108 		NONE   GENERAL SUPPORT 25,000

INTERNEWS NETWORKS

PO BOX 4448
ARCATA,CA95518 		NONE   GENERAL SUPPORT FOR EARTH JOURNALISM NETWORK 10,000

ISRAEL CANCER RESEARCH FUND INC

52 VANDERBILT AVE SUTIE 1510
NEW YORK,NY10017 		NONE   FUND DR. EYLON YAVIN OF HEBREW UNIVERSITY OF JERUSALEM 25,000

ITHAKA HARBORS INC

ONE LIBERTY PLAZA 165 BROADWAY 5TH
FLOOR
NEW YORK,NY10006 		NONE   USED TO COLLECT, ANALYZE AND DISTRIBUTE INFORMATION IN COLONEL SAMUAL ALEXANDER WOODS ROLE AS FIRST COMMANDER 25,000

JEWISH INTEREST FREE LOAN OF ATLANTA INC

4549 CHAMBLEE DUNWOODY ROAD
CHAMBLEE,GA30341 		NONE   IMPROVEMENTS TO ADMINISTRATIVE OPERATINGS 15,000

LEAP

31 JEFFERSON STREET
NEW HAVEN,CT06511 		NONE   SUPPORT LEAPS ENRICHMENT ACTIVITIES FOR YOUTH IN NEW HAVEN 35,000

MONTCLAIR STATE UNIVERSITY FOUNDATION INC

1 NORMAL AVENUE
MONTCLAIR,NJ07043 		NONE   RESEARCH PROJECT ON ETHICAL GOVERNANCE FRAMEWORKS FOR AGENTIC ARTIFICIAL INTELLIGENCE 25,000

MUSIC CONSERVATORY OF WESTCHESTER

216 CENTRAL AVENUE
WHITE PLAINS,NY10606 		NONE   SUPPORT THE CONSERVATORY'S MUSIC INSTRUCTION PROGRAMS FY2025-2026 25,000

MUSIC MOUNTAIN INC

PO BOX 738
LAKEVILLE,CT06039 		NONE   SUPPORT EDUCATION OUTREACH, COOPERATION WITH WSHU AND UNDERWRITE CONCERT 20,000

NATIONAL INTERSCHOLASTIC CYCLING ASSOCIATION

33 CARLA LANE
IRVINGTON,NY10533 		NONE   GENERAL OPERATING SUPPORT 12,000

NEEMAN FOUNDATION USA

867 BOYLSTON ST 5TH FL1342
BOSTON,MA02116 		NONE   GENERAL SUPPORT OF PLATFORD DEVELOPMENT FOR CAMPUS ISRAEL 50,000

NEGRO ENSEMBLE COMPANY INC

500 7TH AVENUE 8TH FL
NEW YORK,NY10018 		NONE   GENERAL OPERATING EXPENSES 55,000

NEGRO ENSEMBLE COMPANY INC

500 7TH AVENUE 8TH FL
NEW YORK,NY10018 		NONE   TO PROVIDE ACCESS TO THEATRE FOR UNDERPRIVILEGED COMMUNITIES AND GENERAL OPERATING EXPENSES 35,000

NEW JERSEY PERFORMING ARTS CENTER

ONE CENTER STREET
NEWARK,NJ07102 		NONE   SUPPORT NJPAC CREATIVE DEVELOPMENT AND SPACE GRANT PROGRAM 100,000

NEW JERSEY PERFORMING ARTS CENTER

ONE CENTER STREET
NEWARK,NJ07102 		NONE   SUPPORT 25-26 SEASON OF AMERICAN SONG AND CLASSICAL MUSIC PERFORMANCES AND SUPPORT 2025 SPOTLIGHT GALA 125,000

NEW ROCHELLE POLICE FOUNDATION INC

PO BOX 96
NEW ROCHELLE,NY10804 		NONE   MENTORING IN BLUE PROGRAM 25,000

NEW YORK UNIVERSITY

22 WASHINGTON SQUARE NORTH
NEW YORK,NY10011 		NONE   NYU SCHOOL OF LAW DAVID BOIES PRIZE PROGRAM 175,000

NORTHWESTERN UNIVERSITY

420 EAST SUPERIOR STREET RUBLOFF
BUILDING 9TH FLOOR
CHICAGO,IL60611 		NONE   SUPPORT AND ACCELERATE THE ACTIVITIES OF THE POTOCSNAK LONGEVITY INSTITUTE 100,000

PEF ISRAEL ENDOWMENT FUNDS INC

630 THIRD AVENUE 15TH FLOOR
NEW YORK,NY10017 		NONE   GENERAL OPERATIONS 37,000

PREGONES PUERTO RICAN TRAVELING THEATRE INC

575 WALTON AVENUE
BRONX,NY10451 		NONE   ASSIST IN THE REALIZATION OF YEAR ROUND PROGRAMMATIC AND OPERATIONAL ACTIVITIES 10,000

PUNCHING OUT PARKINSONS SANTA FE

1704 LLANO STREET SUITE B110
SANTA FE,NM87505 		NONE   SUPPORT TO PURCHASE AN OVAL SOLO STEP OVERHEAD TRACK AND HARNESS SYSTEM 10,000

QUEENS JEWISH COMMUNITY COUNCIL IN

119-45 UNION TURNPIKE
FOREST HILLS,NY11375 		NONE   CONSTRUCTION OF THE QUEENS HOLOCAUST MEMORIAL PARK 25,000

SACRED HEART UNIVERSITY

5151 PARK AVENUE
FAIRFIELD,CT06825 		NONE   WSHU GENERAL OPERATING EXPENSES 60,000

SCHOOLHOUSE THEATER FOUNDATION INC

18 POMANDER WALK
NEW YORK,NY10025 		NONE   GENERAL OPERATING SUPPORT 15,000

SCIENCE FRIDAY INITIATIVE INC

30 BROAD STREET SUITE 801
NEW YORK,NY10004 		NONE   GENERAL OPERATING SUPPORT 60,000

SCIENCE FRIDAY INITIATIVE INC

30 BROAD STREET SUITE 801
NEW YORK,NY10004 		NONE   OPERATING EXPENSES 15,000

SINAI FREE SYNAGOGUE

NORTH COLUMBUS AVE
MOUNT VERNON,NY10552 		NONE   GENERAL SUPPORT 25,000

SOCIAL IMPACT PARTNERS INC

1221 POST ROAD EAST SUITE 302
WESTPORT,CT06880 		NONE   GENERAL OPERATING SUPPORT 100,000

SUSTAINABLE WESTCHESTER INC

40 GREEN STREET
MT KISCO,NY10549 		NONE   SUPPORT 8-10 INTERNS 12,000

ST MARTIN DE PORRES ACADEMY INC

208 COLUMBUS AVE
NEW HAVEN,CT06519 		NONE   FUNDING FOR SMPA GRADUATE SUPPORT PROGRAM 35,000

SUMMITT MUSIC FESTIVAL

270 WASHINGTON AVENUE
PLEASANTVILLE,NY10570 		NONE   SUPPORT INCREASED OPERATIONAL COSTS 50,000

SYMPHONY OF WESTCHESTER INC

10 DAVID DRIVE
NEW ROCHELLE,NY10804 		NONE   MUSICIAN FEES 20,000

GROUP I ACTING COMPANY INC

630 9TH AVE SUITE 603
NEW YORK,NY10036 		NONE   GENERAL OPERATING EXPENSES 30,000

THE FILM COOABORATIVE INC

3405 CAZADOR ST
LOS ANGELES,CA90065 		NONE   GENERAL SUPPORT FOR OPERATING COSTS OF THE FULL CUP FILM 20,000

TOWN OF HARRISON

1 HEINEMAN PLACE
HARRISON,NY10528 		NONE   GENERAL OPERATING EXPENSES AND PROGRAMS 25,000

UNIVERSITY OF MASSASHUSETTS AMHERST

134 HICKS WAY
AMHERST,MA01003 		NONE   JEWISH HISTORY JOURNAL 25,000

UNIVERSITY OF CHICAGO

5550 SOUTH GREENWOOD AVENUE
CHICAGO,IL60637 		NONE   GENERAL OPERATIONS OF SMART MUSEUM 75,000

UNIVERSITY OF TEXAS FOUNDATION

9011 MOUNTAIN RIDGE DR SUITE 150
AUSTIN,TX78759 		NONE   FUNDING FOR WORK ON FIGHTING INFECTIONS VIA RARE ISOTOPE BIOFILMS 50,000

UNTERMYER GARDENS CONSERVANCY

945 NORTH BROADWAY
YONKERS,NY10701 		NONE   GENERAL OPERATING SUPPORT 100,000

USHER III INITITATIVE

191 N WACKER DRIVE SUITE 1790
CHICAGO,IL60606 		NONE   SUPPORT RESEARCH IN TREATMENTS AND A CURE FOR USHER III DISEASE 25,000

WELCOME WORLD FOUNDATION INC

10 MULBERRY ST SUITE 300
NEWARD,NJ07102 		NONE   SUPPORT LEGACY EFFORTS IN HOSTING THE FIFA WORLD CUP 2026 IN NEW YORK AND NEW JERSEY 175,000

WESTCHESTER CHAMBER MUSIC SOCIETY INC

823 LONG HILL ROAD WEST
BRIARCLIFF MANOR,NY10510 		NONE   GENERAL OPERATING SUPPORT 10,000

WOODLANDS COMMUNITY TEMPLE INC

50 WORTHINGTON ROAD
WHITE PLAINS,NY10607 		NONE   SUPPORT RENOVATION OF EXTERNAL RAMP AND STAIR 20,000

WORLD JEWISH RELIEF USA INC

1350 5TH AVE FLOOR 2 SUITE 266
NEW YORK,NY10019 		NONE   GENERAL OPERATING SUPPORT 15,000

YESHIVA UNIVERSITY

15 W 16TH STREET
NEW YORK,NY10011 		NONE   GENERAL OPERATING SUPPORT 10,000
Total ................................. 3a 2,990,000
bApproved for future payment
Total ................................. 3b 0
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 ........... 		         
4 Dividends and interest from securities ....     14 1,549,478  
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 2,695,229  
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 4,244,707 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,244,707
(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:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 43,250 8,650   34,600

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

TY 2025 DepreciationSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
IMPROVEMENTS (SHELVING , CARPETING) 2017-01-01 6,786 6,786 SL 3.000000000000 0 0    
NEW COMPUTER EQUIPMENT 2017-01-01 4,647 4,647 SL 3.000000000000 0 0    
LAPTOP 2017-01-01 8,896 8,896 SL 3.000000000000 0 0    
NEW COMPUTER 2024-04-25 2,099 466 SL 3.000000000000 700 0    
NEW LAPTOP 2024-06-20 1,867 311 SL 3.000000000000 622 0    
IPAD AIR MARYS 2025-07-28 1,320   SL 3.000000000000 183 0    

TY 2025 GeneralExplanationAttachment
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Identifier Return Reference Explanation
  PART VII-B, LINE 1A(4) IN 2025 THE SMART FAMILY FOUNDATION OF NEW YORK ("THE FOUNDATION") PAID ITS DIRECTORS COMPENSATION FOR SERVICES RENDERED TO THE FOUNDATION. THE COMPENSATION WAS NOT EXCESSIVE AND THE SERVICES RENDERED BY THE DIRECTORS WERE REASONABLE AND NECESSARY FOR CARRYING OUT THE EXEMPT PURPOSE OF THE FOUNDATION. IN ADDITION, THE DIRECTORS ARE REIMBURSED FOR CETAIN TRAVEL AND OTHER EXPENSES THAT ARE REASONABLE AND NECESSARY FOR CARRYING OUT THE EXEMPT PURPOSE OF THE FOUNDATION.

TY 2025 InvestmentsCorpBondsSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Name of Bond End of Year Book Value End of Year Fair Market Value
AERCAP IRELAND CAP/GLOBA 114,054 113,625
AMERICAN ELECTRIC POWER 86,106 86,370
AMERICAN EXPRESS 397,882 394,438
AT&T INC 143,849 143,064
BARCLAYS PLC 180,576 196,782
BANK OF NOVA SCOTIA SENIOR UNSECURED 264,658 261,852
BAT CAPITAL CORP 86,357 88,539
BROADCOM INC 89,855 91,443
CAPITAL ONE FINANCIAL CO 85,700 88,730
CARMAX AUTO OWN ABS 2002 44,009 44,133
CHARLES SCWAB CORP 54,003 56,678
CHARLES SCWAB CORP 49,236 51,418
COMCAST CORP COMPANY GUARNT GLB 89,862 88,891
DELL INT LLC/EMC CORP CO GUARNT GLB 110,024 113,137
DIAMONDBACK ENERGY INC 90,120 92,505
CITIGROUP COMME CMO2017 173,834 177,449
ENERGY TRANSFER PARTNERS 88,019 87,280
FHLMC RA 7128 03 50%2052 429,341 437,512
FHLMC SB 8073 01 50%2035 375,853 335,130
FNMA PCA4978 03%2050 172,165 145,192
FNMA PCA5658 02 50%2050 305,388 249,634
FNMA PCA5701 02 50%2050 103,209 83,925
FNMA PCA8132 02 50%2050 315,319 264,633
FNMA PFM8579 02 50%2051 418,610 349,508
FNMA PFM1239 03 50%2051 464,511 467,784
FNMA PFS1820 03%2051 286,062 270,640
FNMA PFS7280 05%2053 355,996 367,260
FNMA PMA4441 01 50%2036 383,290 344,674
FNMA PMA5556 04%2039 388,783 395,702
GENERAL MOTORS FINL CO 89,936 90,128
GLOBAL PAYMENTS INC 149,477 149,090
GOLDMAN SACHS GROUP INC 136,327 119,894
HOME DEPOT INC 162,786 169,006
HONDA AUTO RECE ABS 2025 298,910 301,866
HP ENTERPRISE CO 88,740 83,385
HUNTINGTON BANCSHARES 48,107 48,361
JPMORGAN CHASE & CO 223,428 233,418
LOUISVILLE GAS & ELEC 93,242 89,854
META PLATFORMS INC 149,804 143,966
MERCEDES BENZ A ABS 2023 251,706 251,246
MORGAN STANLEY 166,425 176,854
PNC FINANCIAL SERVICES 96,368 97,707
ROYAL BANK OF CANADA 125,244 123,945
ROYALTY PHARMA PLC 88,353 90,455
SHELL FINANCE US INC 135,802 135,799
SOUTHERN CO 156,285 160,727
T-MOBILE USA INC 84,936 86,890
TARGA RESOURCES PARTNERS 85,085 89,480
TORONTO DOMINION BANK 237,900 245,295
USD ROYAL BK CANADA SER GMTN 110,801 110,780
WELLS FARGO 87,128 88,019
WESTERN MIDSTREAM OPERAT 75,626 75,596

TY 2025 InvestmentsCorpStockSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Name of Stock End of Year Book Value End of Year Fair Market Value
ADYEN NV -UNSPON 55,908 73,973
AON PCL CLASS A 33,590 47,286
ARCH CAPITAL GROUP LTD 64,488 84,889
ASM INTERNATIONAL NY REG SHS 39,203 56,722
ASML HOLDING NV NY REG SHS 51,148 131,593
ASTRAZENECA PLC-SPONS ADR 59,298 79,336
BAE SYSTEMS PLC SPON ADR 89,142 138,670
CANADIAN NATURAL RESOURCES 48,152 52,298
CANAADIAN PACIFIC KANSAS CITY 67,401 77,532
COUPANG INC 59,439 75,535
DEUTSCHE BOERSE AG-UNSPN ADR 64,965 52,291
EXPERIAN PCL SPONS ADR 37,112 49,055
FERGUSON PLC 73,208 65,676
FERRARI NV 28,241 49,521
ICICI BANK LTD SPON ADR 50,027 66,245
LINDE PLC 55,780 69,928
MERCADOLIBRE INC 41,134 60,428
MITSUBISHI HEAVY INDUSTRIES 59,838 127,498
MONDAY.COM LTD 55,072 36,742
NINTENDO CO LTD-UNSPONS ADR 84,243 74,774
NOVO-NORDISK A/S SPONS ADR 51,541 43,909
NU HOLDINGS LTD/CAYMAN ISL-A 48,607 79,097
PHILIP MORRIS INTERNATIONAL 130,201 123,508
RHEINMETALL AG-UNSP ADR 49,773 49,708
ROLLS-ROYCE HOLDINGS SP ADR 90,870 188,797
SAFRAN SA UNSPON ADR 67,076 121,087
SAP SE-SPONSORED ADR 114,867 110,038
SEA LTD ADR 82,024 137,776
SEATGATE TECHNOLOGY HOLDINGS 65,169 93,082
SHOPIFY INC CLASS A 76,435 69,539
SIEMENS ENERGY AG-UNSP ADR 84,021 256,334
SPOTIFY TECHONOLOGY SA 49,027 90,010
TAIWAN SEMICONDUCTOR-SP ADR 109,775 230,045
TENCENT HOLDINGS LTD UNS ADR 82,380 90,788
TEVA PHARMACEUTICAL SP ADR 32,655 29,920
UBS GROUP AG REG 55,478 87,989
WASTE CONNECTIONS INC 39,116 47,523
3L GROUP PLC-UNSPON ADR 75,619 81,501
ACUSHNET HOLDINGS CORP 53,455 80,937
ADDUS HOMECARE CORP 81,819 95,255
ADVANCED ENERGY INDUSTRIES 61,965 140,278
ALAMO GROUP INC 93,292 75,877
AMBARELLA INC 29,668 36,483
AMN HEALTHCARE SERVICES INC 92,947 27,643
ATLANTIC UNION BANKSHARES CO 81,238 106,712
BALCHEM CORP 60,397 84,348
BALDWIN INSURANCE GROUP INC/TH 43,125 43,422
BENCHMARK ELECTRONICS INC 47,720 83,425
BLACKBAUD INC 76,230 72,248
BOOT BARN HOLDINGS INC 31,064 89,470
CARETRUST REIT INC 33,527 47,587
CASS INFORMATION SYSTEMS INC 48,047 50,696
CHESAPEAKE UTILITIES CORP 63,373 75,106
COHU INV 92,244 78,792
CONCENTRA GROUP HOLDINGS PAR 59,623 54,376
CONMED CORP 62,852 53,105
CSW INDUSTRIALS INC 38,179 83,363
CTS CORP 40,218 55,088
DIODES INC 102,089 78,944
DORMAN PRODUCTS INC 36,099 61,349
ENERSYS 53,185 80,126
ENOVIS CORP 120,478 65,268
ENPRO INDUSTRIES INC 61,098 126,551
EPLUS INC 55,869 67,704
ESCO TECHNOLOGIES 73,544 135,014
EXLSERVICE HOLDINGS INC 49,061 78,896
FRANKLIN ELECTRIC CO INC 44,506 63,241
ICF INTERNATIONAL INC 90,769 84,276
IDACORP INC 68,611 92,009
INTEGER HOLDINGS CORP 92,185 83,920
INTERPARFUMS INC 59,719 47,759
KAISER ALUMINUM CORP 75,241 127,839
KFORCE INC 87,635 56,862
KORN FERRY 55,935 89,391
LITTLEFUSE INC 40,545 64,748
LIVERAMP HOLDINGS INC 75,334 74,600
MARCUS & MILLICHAP INC 97,787 81,270
MCGRATH RENTCORP 45,741 44,490
MERCANTILE BANK CORP 31,167 53,006
MOELIS & CO CLASS A 54,102 116,789
MONARCH CASINO & RESORT INC 59,187 82,972
NETSTREIT CORP 55,286 61,070
NORTHERN OIL AND GAS INC 120,225 91,441
OLLIE'S BARGAIN OUTLET HOLDI 26,785 55,353
ORIGIN BANCORP INC 64,102 65,855
PATRICK INDUSTRIES INC 31,587 75,142
POWER INTEGRATIONS INC 94,767 49,720
PRESTIGE CONSUMER HEALTHCARE 81,237 66,749
SEACOAST BANKING CORP/FL 99,297 108,996
SELECTIVE INSURANCE GROUP 79,842 98,145
SIMULATIONS PLUS INC 68,562 46,122
STEWART INFORMATION SYSTEMS 52,092 88,598
SUNSTONE HOTEL INVESTORS INC 76,173 66,460
UMB FINANCIAL CORP 40,381 67,759
UTZ BRANDS INC 60,130 47,208
VIAVI SOLUTIONS INC 50,286 87,122
WALKER & DUNLOP INC 60,094 43,488
BERKSHIRE HATHAWAY INC CL-A 78,079 7,548,000
FIDELITY 500 INDEX FD 5,257,350 12,419,695
INVESCO QQQ TRUST SERIES 1 894,197 2,513,142
STATE STREET HEALTH CARE 471,521 699,077
STATE STREET CONSUMER STAPLES 228,443 219,990
STATE STREET CONSUMER DISCRET 409,985 469,520
STATE STREET ENERGY SELECT SEC 235,907 236,874
STATE STREET FINANCIAL SELECT 1,151,565 1,366,840
STATE STREET INDUSTRIAL SELECT 615,440 667,326
STATE STREET TECHNOLOGY SELECT 1,612,567 2,040,055
STATE STREET COMMUNICATION SER 394,004 477,355
STATE STREET UTILITIES SELECT 643,087 673,563
VANGUARD SMALL CAP ETF 2,757,368 4,915,495
FIDELITY INTL INDX INST PRM 6,098,283 8,874,769
GQG PART EMERG MKTS EQ INST 2,156,020 2,658,592
ISHARES CORE MSCI EMERGING 2,708,118 3,411,482
JPM DEPOSIT SWEEP 162,027 162,027

TY 2025 InvestmentsGovtObligationsSch
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
US Government Securities - End of Year Book Value:

5,584,308
US Government Securities - End of Year Fair Market Value:

5,503,817
State & Local Government Securities - End of Year Book Value:


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


0


TY 2025 InvestmentsOtherSchedule2
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
COHEN & STEERS RL EST-F AT COST 1,541,408 1,744,288

TY 2025 LandEtcSchedule2
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
IMPROVEMENTS (SHELVING , CARPETING) 6,786 6,786 0 0
NEW COMPUTER EQUIPMENT 4,647 4,647 0 0
LAPTOP 8,896 8,896 0 0
NEW COMPUTER 2,099 1,166 933 933
NEW LAPTOP 1,867 933 934 934
IPAD AIR MARYS 1,320 183 1,137 1,137


TY 2025 OtherAssetsSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INVESTMENTS OTHER 206,000 0 0


TY 2025 OtherDecreasesSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Description Amount
12/31/2025 COST ADJUSTMENT 10,111
12/31/2025 COST ADJUST WITRICITY K1 12,661


TY 2025 OtherExpensesSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE SUPPLIES AND EXPENSE 13,720 2,744   10,976
TELEPHONE 1,500 300   1,200
ADP FEES 5,927 1,185   4,742
POSTAGE 974 195   779
INSURANCE 7,094 1,419   5,675


TY 2025 OtherLiabilitiesSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Description Beginning of Year - Book Value End of Year - Book Value
OTHER LIABILITY 6,863 0


TY 2025 OtherProfessionalFeesSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 266,531 266,531   0
PROFESSIONAL FEES 50,936 48,936   2,000
AUDIT EXPENSE 25,568 5,114   20,454


TY 2025 TaxesSchedule
Name:
SMART FAMILY FOUNDATION OF NEW YORK
EIN:
81-3395492
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 32,154 32,154   0
EXCISE TAX 75,000 0   0