CHARLES FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: CHARLES FOUNDATION INC (EIN 22-3292066)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-04-30
IRS object ID: 202511209349102011
Schema version: 2024v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Expln Of Non Filing With AG Stmt
Investments Corp Stock Schedule
Investments Other Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-04-30T12:42:48-05:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	221914497	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Olsen & Thompson PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	970 Mount Kemble Ave	AddressLine1Txt
City	Morristown	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07960	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	223292066	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CHARLES FOUNDATION INC	BusinessNameLine1Txt
Business Name Line2	C/O ROBERT C ROOKE	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	CHAR	BusinessNameControlTxt
Phone	9735392281	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	SPRING VALLEY ROAD 668	AddressLine1Txt
City	MORRISTOWN	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07960	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ROBERT ROOKE	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	9735392281	PhoneNum
Signature	2025-04-25	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BRIAN DOHERTY	PreparerPersonNm
PTIN	P00022611	PTIN
Phone	9734253212	PhoneNum

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$49,047,312	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$1,738,382	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$1,738,382	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$21,723,057	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$52,128,165	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$21,723,057	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$10,186	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$10,186	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$23,471,625	TotalRevAndExpnssAmt
Total Net Invst Incm	$23,471,625	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$53,500	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$26,750	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$26,750	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$426,103	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$3,603	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$10,934	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$10,803	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$16	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$490,537	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$41,156	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$26,766	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$2,220,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$2,220,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$2,710,537	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$41,156	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$2,246,766	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$20,761,088	ExcessRevenueOverExpensesAmt
Net Investment Income	$23,430,469	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$1,175	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$1,245	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$1,245	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$22,905,286	CorporateStockBOYAmt
Corporate Stock EOY	$43,094,430	CorporateStockEOYAmt
Corporate Stock EOYFMV	$43,032,588	CorporateStockEOYFMVAmt
Other Investments BOY	$228,866	OtherInvestmentsBOYAmt
Other Investments EOY	$6,013,479	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$6,013,479	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$23,135,327	TotalAssetsBOYAmt
Total Assets EOY	$49,109,154	TotalAssetsEOYAmt
Total Assets EOYFMV	$49,047,312	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$0	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$5,212,739	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$5,212,739	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$23,135,327	RetainedEarningBOYAmt
Retained Earning EOY	$43,896,415	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$23,135,327	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$43,896,415	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$23,135,327	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$49,109,154	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$23,135,327	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$20,761,088	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$43,896,415	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$43,896,415	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
REALIZED CAPITAL GAINS AND LOSSES	P	$52,109,798	$30,403,720	$21,706,078	$21,706,078
FROM K-1 - PLAINS ALL AMERICAN	P		$207	-$207	-$207
FROM K-1 - WESTERN MIDSTREAM	P	$6,852		$6,852	$6,852
FROM K-1 - ICAHN ENTERPRISES	P		$366	-$366	-$366
FROM K-1 - ICAHN ENTERPRISES	P		$776	-$776	-$776
FROM K-1 - ICAHN ENTERPRISES	P		$39	-$39	-$39
FROM K-1 - WESTERN MIDSTREAM	P	$11,176		$11,176	$11,176
Capital Gains Dividends	P	$339		$339	$339

Field	Value	IRS element (for citing)
Capital Gain Net Income	$21,723,057	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$325,684	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$325,684	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$325,684	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$424,472	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$424,472	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$98,788	OverpaymentAmt
Applied To ES Tax	$25,000	AppliedToESTaxAmt
Refund	$73,788	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	NJ	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	0	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	CHARLES FOUNDATION	IndividualWithBooksNm
Phone	9735392281	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	65 MADISON AVE SUITE 560	AddressLine1Txt
City	MORRISTOWN	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07960	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
ROBERT C ROOKE
SPRING VALLEY ROAD 668	MORRISTOWN	NJ	07960	PRES-TREAS/TRUSTEE	5.00	$0	$0	$0
NATALIE D ROOKE
SPRING VALLEY ROAD 668	MORRISTOWN	NJ	07960	VICE PRES/TRUSTEE	5.00	$0	$0	$0
ROBERT C ROOKE JR
47 SCHOOLHOUSE LN	MORRISTOWN	NJ	07960	SECRETARY/TRUSTEE	5.00	$0	$0	$0
THOMAS W ROOKE
620 SEA ISLAND RD 316	ST SIMONS ISLAND	GA	31522	TRUSTEE	5.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt
Expenses1	$0	Expenses1Amt
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$44,260,053	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$527,502	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$44,787,555	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$44,787,555	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$671,813	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$44,115,742	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$2,205,787	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$2,205,787	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$325,684	TaxBasedOnInvestmentIncomeAmt
Total Tax	$325,684	TotalTaxAmt
Distributable Before Adj	$1,880,103	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$1,880,103	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$1,880,103	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$2,246,766	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$2,246,766	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,880,103	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$173,198	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$140,731	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1	$266,021	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$579,950	TotalExcessDistributionCyovAmt
Qualifying Distributions	$2,246,766	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$1,880,103	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$366,663	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$946,613	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$173,198	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$773,415	ExcessDistriCyovToNextYrAmt
Excess From Year4	$140,731	ExcessFromYear4Amt
Excess From Year1	$266,021	ExcessFromYear1Amt
Excess From Current Year	$366,663	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (67 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ADAPTIVE DEFENSE
575 BOB LINK ST	MAGNOLIA	TX	77355	NONE	IRC 501 (C)(3)	MEDICAL	$5,000
ANDOVER FIRE
407 FLAGHOLE RD	ANDOVER	NH	03216	NONE	IRC 501 (C)(3)	MEDICAL	$20,000
ANDWELL HEALTH PARTNERS
15 STRAWBERRY AVE	LEWISTON	ME	04240	NONE	IRC 501 (C)(3)	MEDICAL	$15,000
APPALACHAIN TRAIL CONSERVANCY
PO BOX 807	HARPERS FERRY	WV	25425	NONE	IRC 501 (C)(3)	ENVIRONMENT	$45,000
ASSUMPTION SCHOOL
63 MACCULLOCH AVE	MORRISTOWN	NJ	07960	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
BABSON COLLEGE
231 FOREST ST	BABSON PARK	MA	024570310	NONE	IRC 501 (C)(3)	EDUCATION	$40,000
BOSTON COLLEGE SCHOOL OF NURSING
140 COMMONWEALTH AVE	CHESTNUT HILL	MA	02467	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
BOSTON MUSIC PROJECT
PO BOX 180772	BOSTON	MA	02118	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
BUCKNELL UNIVERSITY
701 MOORE AVE	LEWISBURG	PA	17837	NONE	IRC 501 (C)(3)	EDUCATION	$340,000
CALLICOON VOLUNTEER FIRE DEPT
PO BOX 806	CALLICOON	NY	12723	NONE	IRC 501 (C)(3)	MEDICAL	$5,000
CHILDREN'S SPECIALIZED HOSPITAL FOUNDATION
150 NEW PROVIDENCE RD	MOUNTAINSIDE	NJ	07092	NONE	IRC 501 (C)(3)	MEDICAL	$5,000
CHRIST THE KING CHURCH
16 BLUE MILL ROAD	NEW VERNON	NJ	07976	NONE	IRC 501 (C)(3)	RELIGIOUS	$5,000
CHRISTOPHER & DANA REEVE FOUNDATION
636 MORRIS TPKE	SHORT HILLS	NJ	07078	NONE	IRC 501 (C)(3)	MEDICAL	$5,000
CIRCLE PROGRAM
85 MAIN ST	PLYMOUTH	NH	03264	NONE	IRC 501 (C)(3)	EDUCATION	$2,000
COLBY-SAWYER COLLEGE
100 MAIN ST	NEW LONDON	NH	03257	NONE	IRC 501 (C)(3)	EDUCATION	$400,000
CULVER ACADEMIES
1300 ACADEMY ROAD	CULVER	IN	46511	NONE	IRC 501 (C)(3)	EDUCATION	$10,000
DAMASCUS CITIZENS FOR SUSTAINABILITY INC
PO BOX 147	MILANVILLE	PA	18443	NONE	IRC 501 (C)(3)	ENVIRONMENT	$7,500
DAMASCUS TWP VOLUNTEER AMBULANCE CORPS INC
PO BOX 63	DAMASCUS	PA	18415	NONE	IRC 501 (C)(3)	MEDICAL	$5,000
DARTMOUTH COLLEGE
6066 DEVELOPMENT OFFICE	HANOVER	NH	03755	NONE	IRC 501 (C)(3)	EDUCATION	$50,000
DELAWARE VALLEY FOOD PANTRY
PO BOX 705	LAMBERTVILLE	NJ	08530	NONE	IRC 501 (C)(3)	SOCIAL SERVICES	$10,000
DELAWARE YOUTH CENTER INC
PO BOX 354	CALLICOON	NY	12723	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
DELBARTON SCHOOL
230 MENDHAM ROAD	MORRISTOWN	NJ	07960	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
DREAMWEAVER EQUINE CENTER
73 BACK BROOK ROAD	RINGOES	NJ	08551	NONE	IRC 501 (C)(3)	EDUCATION	$10,000
FARMINGTON HISTORICAL SOCIETY
PO BOX 575	FARMINGTON	ME	04938	NONE	IRC 501 (C)(3)	EDUCATION	$20,000
FRIENDS OF THE DELAWARE CANAL
145 S MAIN ST	NEW HOPE	PA	18938	NONE	IRC 501 (C)(3)	ENVIRONMENT	$5,000
FRIENDS OF WILSON LAKE
PO BOX 560	WILTON	ME	04294	NONE	IRC 501 (C)(3)	ENVIRONMENT	$5,000
GOLDEN ISLES LEADERSHIP FOUNDATION INC
1508 BAY ST	BRUNSWICK	GA	31520	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
GRANITE STATE WOODLAND INSTITUTE
54 PORTSMOUTH ST	CONCORD	NH	03301	NONE	IRC 501 (C)(3)	ENVIRONMENT	$5,000
GROVER HERMANN HOSPITAL
8881 ROUTE 97	CALLICOON	NY	12723	NONE	IRC 501 (C)(3)	MEDICAL	$20,000
HANOVER LIONS CHARITABLE FOUNDATION
PO BOX 871	HANOVER	NH	03755	NONE	IRC 501 (C)(3)	MEDICAL	$5,000
HERITAGE MUSEUM AND GARDENS
67 GROVE ST	SANDWICH	MA	02563	NONE	IRC 501 (C)(3)	EDUCATION	$10,000
HIGH FIVES FOUNDATION
10775 PIONEER TRAIL	TRUCKEE	CA	96161	NONE	IRC 501 (C)(3)	MEDICAL	$50,000
KELLY BRUSH FOUNDATION
3 MAIN ST	BURLINGTON	VT	05401	NONE	IRC 501 (C)(3)	MEDICAL	$5,000
KENT PLACE SCHOOL
42 NORWOOD AVE	SUMMIT	NJ	07901	NONE	IRC 501 (C)(3)	EDUCATION	$17,500
MARKET STREET MISSION
9 MARKET STREET	MORRISTOWN	NJ	07960	NONE	IRC 501 (C)(3)	COUNSELING	$5,000
MAYHEW PROGRAM
PO BOX 120	BRISTOL	NH	03222	NONE	IRC 501 (C)(3)	EDUCATION	$25,000
MAYO PERFORMING ARTS CENTER
100 SOUTH ST	MORRISTOWN	NJ	07960	NONE	IRC 501 (C)(3)	ARTS	$5,000
MORRISTOWN MEDICAL CENTER FOUNDATION
475 SOUTH STREET	MORRISTOWN	NJ	07960	NONE	IRC 501 (C)(3)	MEDICAL	$106,000
NATIONAL WORLD WAR II MUSEUM
945 MAGAZINE ST	NEW ORLEANS	LA	70130	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
NEWFOUND LAKE REGION ASSOCIATION
800 LAKE ST	BRISTOL	NH	03222	NONE	IRC 501 (C)(3)	CONSERVATION	$25,000
OUR LADY OF MERCY HIGH SCHOOL
1437 BLOSSOM RD	ROCHESTER	NY	14610	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
OVERLOOK HOSPITAL FOUNDATION
BOX 220	SUMMIT	NJ	07902	NONE	IRC 501 (C)(3)	MEDICAL	$25,000
PENNINGTON SCHOOL
4 TREE FARM RD	PENNINGTON	NJ	08534	NONE	IRC 501 (C)(3)	EDUCATION	$10,000
PINGRY SCHOOL
131 MARTINSVILLE ROAD	BASKING RIDGE	NJ	07920	NONE	IRC 501 (C)(3)	EDUCATION	$145,000
PRESBYTERIAN CHURCH IN MORRISTOWN
65 SOUTH ST	MORRISTOWN	NJ	07960	NONE	IRC 501 (C)(3)	RELIGIOUS	$10,000
PROCTOR ACADEMY
PO BOX 500	ANDOVER	NH	03216	NONE	IRC 501 (C)(3)	EDUCATION	$40,000
SEMESTER AT SEA
PO BOX 400885	CHARLOTTESVILLE	VA	22903	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
SKIDMORE COLLEGE
815 N BROADWAY	SARATOGA SPRINGS	NY	12866	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
SPAULDING YOUTH CENTER FOUNDATION
72 SPAULDING RD	NORTHFIELD	NH	03276	NONE	IRC 501 (C)(3)	EDUCATION	$10,000
SPEARE MEMORIAL HOSPITAL
16 HOSPITAL ROAD	PLYMOUTH	NH	03264	NONE	IRC 501 (C)(3)	MEDICAL	$237,000
ST SIMONS LAND TRUST
PO BOX 24615	ST SIMONS ISLAND	GA	31522	NONE	IRC 501 (C)(3)	ENVIRONMENT	$10,000
STAR FOUNDATION INC
1612 NEWCASTLE ST	BRUNSWICK	GA	31520	NONE	IRC 501 (C)(3)	EDUCATION	$10,000
STRONG UNITED METHODIST CHURCH
8 CHURCH HILL ROAD	STRONG	ME	04983	NONE	IRC 501 (C)(3)	RELIGIOUS	$10,000
SUSQUEHANNA UNIVERSITY
514 UNIVERSITY AVE	SELINSGROVE	PA	17870	NONE	IRC 501 (C)(3)	EDUCATION	$200,000
TAPPLY-THOMPSON COMMUNITY CENTER
30 NORTH MAIN ST	BRISTOL	NH	03222	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
THE SEEING EYE
PO BOX 375	MORRISTOWN	NJ	07963	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
THE WATERSHED INSTITUTE INC
31 TITUS MILL RD	PENNINGTON	NJ	08534	NONE	IRC 501 (C)(3)	EDUCATION	$10,000
TRAVIS MANION FOUNDATION
PO BOX 1485	DOYLESTOWN	PA	18901	NONE	IRC 501 (C)(3)	EDUCATION	$10,000
TRINITAS HEALTH FOUNDATION
PO BOX 259	ELIZABETH	NJ	07207	NONE	IRC 501 (C)(3)	MEDICAL	$5,000
TUCK SCHOOL OF BUSINESS AT DARTMOUTH
6066 DEVELOPMENT OFFICE	HANOVER	NH	03755	NONE	IRC 501 (C)(3)	EDUCATION	$25,000
UNIVERSITY OF PENNSYLVANIA SCHOOL OF NURSING
PO BOX 71332	PHILADELPHIA	PA	19176	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
VERMONT ADAPTIVE SKI & SPORTS
PO BOX 139	KILLINGTON	VT	05751	NONE	IRC 501 (C)(3)	MEDICAL	$5,000
VILLA WALSH ACADEMY
455 WESTERN AVE	MORRISTOWN	NJ	07960	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
WILTON FREE PUBLIC LIBRARY
PO BOX 454	WILTON	ME	04294	NONE	IRC 501 (C)(3)	EDUCATION	$20,000
WILTON UNITED METHODIST CHURCH
MAIN STREET	WILTON	ME	04294	NONE	IRC 501 (C)(3)	RELIGIOUS	$30,000
WORLD WAR II FOUNDATION
344 MAIN ST	SOUTH KINGSTON	RI	02879	NONE	IRC 501 (C)(3)	EDUCATION	$5,000
YALE SCHOOL OF FORESTRY-BROAD ARROW SCHOLARSHIP
195 PROSPECT ST	NEW HAVEN	CT	06511	NONE	IRC 501 (C)(3)	EDUCATION	$45,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$2,220,000	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,738,382	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$10,186	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$21,723,057	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$23,471,625	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$23,471,625	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
TAX PREPARATION	$3,500	$1,750	$1,750
BOOKKEEPING	$50,000	$25,000	$25,000

Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt

Field	Value	IRS element (for citing)
Explanation	Private Foundations are not required to send in a copy of the return to the State of NJ nor are they required to file online.	ExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	VARIOUS EQUITY INVESTMENTS	StockNm
EOY Book Value	$43,094,430	EOYBookValueAmt
EOYFMV	$43,032,588	EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	MONEY FUNDS	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$6,013,479	BookValueAmt
EOYFMV	$6,013,479	EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (9 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MISCELLANEOUS EXPENSES	$31	$15	$16
FROM K-1 PLAINS ALL AMERICAN	$1,574	$1,574	$0
NONDEDUCTIBLE EXP - K-1 - PLAINS ALL AMERICAN	$85	$0	$0
FROM K-1 WESTERN MIDSTREAM PTRS	$28	$28	$0
NONDEDUCTIBLE EXP - K-1 - WESTERN MIDSTREAM	$30	$0	$0
FROM K-1 PLAINS ALL AM - OTHER EXP	$747	$747	$0
FROM K-1 ICAHN ENTERPRISS	$5,875	$5,875	$0
FROM K-1 ICAHN ENT - PORT DED	$134	$134	$0
FROM K-1 ICAHN ENT - INV INT EXP	$2,430	$2,430	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
FROM K-1 - ICAHN ENTERPRISES	$54	$54	$54
CLASS ACTION PROCEEDS	$628	$628	$628
FROM K-1 - WESTERN MIDSTREAM	$9,504	$9,504	$9,504

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	DUE TO BROKER	Desc
BOY Book Value	$0	BOYBookValueAmt
EOY Book Value	$5,212,739	EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL EXCISE TAX	$422,500	$0	$0
FROM K-1 - PLAINS ALL AMERICAN	$2,396	$2,396	$0
FOREIGN TAXES WITHHELD	$1,207	$1,207	$0