CARMEL HILL FUND: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: CARMEL HILL FUND (EIN 13-6881103)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-10
IRS object ID: 202523149349101642
Schema version: 2024v5.2
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
Schedule B
Accounting Fees Schedule
Depreciation Schedule
Expenditure Responsibility Stmt
Gain Loss Sale Other Assets Sch
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Land Etc Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-10T13:00:34-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	420714325	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RSM US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	227 WEST FIRST STREET SUITE 700	AddressLine1Txt
City	DULUTH	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55802	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	136881103	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE CARMEL HILL FUND	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CARM	BusinessNameControlTxt
Phone	3477190755	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 E 53RD ST 3RD FL	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	100224200	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ITAI DINOUR	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	3477194767	PhoneNum
Signature	2025-11-07	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	JULIE BOYER	PreparerPersonNm
PTIN	P01278549	PTIN
Phone	2187275025	PhoneNum
Preparation	2025-11-07	PreparationDt

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	$522,658,234	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$539,039	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$66	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$66	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$6,650,776	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$6,650,776	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$47,863,567	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$168,791,653	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$47,836,583	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$87,339	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$87,284	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$55,140,787	TotalRevAndExpnssAmt
Total Net Invst Incm	$54,574,709	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$782,250	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$782,250	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$3,862,271	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$3,862,271	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$978,739	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$0	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$978,739	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$108,179	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$108,179	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$144,296	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$44,648	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$99,648	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$1,293,108	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$0	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$1,293,108	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$107,641	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$107,607	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$124,939	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$0	DeprecAndDpltnNetInvstIncmAmt
Occupancy Rev And Expnss	$560,358	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$0	OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl	$560,358	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$130,836	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$130,836	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$4,148,169	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$185,644	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$3,962,466	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$12,240,786	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$337,899	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$11,777,855	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$10,123,300	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$10,123,300	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$22,364,086	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$337,899	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$21,901,155	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$32,776,701	ExcessRevenueOverExpensesAmt
Net Investment Income	$54,236,810	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$1,102,662	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$4,101,905	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$4,101,905	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$36,924,816	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$73,682,379	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$73,949,758	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$314,536,049	CorporateStockBOYAmt
Corporate Stock EOY	$236,893,433	CorporateStockEOYAmt
Corporate Stock EOYFMV	$317,745,291	CorporateStockEOYFMVAmt
Other Investments BOY	$43,447,349	OtherInvestmentsBOYAmt
Other Investments EOY	$113,591,795	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$121,583,334	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$5,369,559	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$242,046	LandBldgEquipAccumDeprecAmt
Land BOY	$4,970,499	LandBOYAmt
Land EOY	$5,127,513	LandEOYAmt
Land EOYFMV	$5,127,513	LandEOYFMVAmt
Other Assets BOY	$0	OtherAssetsBOYAmt
Other Assets EOY	$150,433	OtherAssetsEOYAmt
Other Assets EOYFMV	$150,433	OtherAssetsEOYFMVAmt
Total Assets BOY	$400,981,375	TotalAssetsBOYAmt
Total Assets EOY	$433,547,458	TotalAssetsEOYAmt
Total Assets EOYFMV	$522,658,234	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$400,981,375	CapitalStockBOYAmt
Capital Stock EOY	$433,547,458	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$0	RetainedEarningBOYAmt
Retained Earning EOY	$0	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$400,981,375	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$433,547,458	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$400,981,375	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$433,547,458	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$400,981,375	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$32,776,701	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$433,758,076	SubtotalAmt
Other Decreases	$210,618	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$433,547,458	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	Cost Or Other BasisCostOrOtherBasisAmt
ACACIA PARTNERS	P	$6,995,399	$6,995,399	$6,995,399
PUBLICLY TRADED SECURITIES	P	$46,293,991	$14,453,275	$14,453,275	$31,840,716
SEQUOIA	P	$115,475,279	$26,387,909	$26,387,909	$89,087,370

Field	Value	IRS element (for citing)
Capital Gain Net Income	$47,836,583	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$753,892	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$753,892	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$753,892	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$531,142	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$128,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$659,142	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Tax Due	$94,750	TaxDueAmt

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	NY	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	Yes (1)	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	CARMELHILL.ORG	WebsiteAddressTxt
Individual With Books	ITAI DINOUR	IndividualWithBooksNm
Phone	3477190755	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1 E 53RD ST 3RD FL	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	100224200	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	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
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	Yes (1)	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	0	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	Yes (1)	MaintainedExpenditureRspnsInd
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 (7 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
ARLENE FARRAND-BORGERSON
1 EAST 53RD STREET 3RD FL	NEW YORK	NY	10022	FORMER EXECUTIVE DIRECTOR	0.00	$245,609	$245,609	$0
ITAI DINOUR
1 EAST 53RD STREET 3RD FL	NEW YORK	NY	10022	EXECUTIVE DIRECTOR	40.00	$463,100	$53,282	$800
SOPHIE BARRETT
1 EAST 53RD STREET 3RD FL	NEW YORK	NY	10022	TRUSTEE AS OF 2/23/24	2.00	$0	$0	$0
ROBERT D GOLDFARB
1 EAST 53RD STREET 3RD FL	NEW YORK	NY	10022	TRUSTEE	2.00	$0	$0	$0
DANIEL LYNN MOSLEY
1 EAST 53RD STREET 3RD FL	NEW YORK	NY	10022	TRUSTEE	2.00	$0	$0	$0
ELIZABETH A RUANE
1 EAST 53RD STREET 3RD FL	NEW YORK	NY	10022	TRUSTEE UNTIL 2/23/24	2.00	$0	$0	$0
KATE GARROWAY
1 EAST 53RD STREET 3RD FL	NEW YORK	NY	10022	CHIEF OPERATING OFFICER	40.00	$226,777	$37,391	$900

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt	Expense AccountExpenseAccountAmt
FANON J HOWELL
1 EAST 53RD STREET 3RD FL	NEW YORK	NY	10022	AREA DIRECTOR CHFEP	40.00	$358,925	$34,864	$1,100
EILEEN M MCMAHON
1 EAST 53RD STREET 3RD FL	NEW YORK	NY	10022	AREA DIRECTOR CHFEP	40.00	$211,314	$63,490	$1,000
MARIA GARCIA
1 EAST 53RD STREET 3RD FL	NEW YORK	NY	10022	IMPL SPECIALIST & ST	40.00	$158,886	$25,715	$1,000
ALLISON PAINICH
1 EAST 53RD STREET 3RD FL	NEW YORK	NY	10022	AREA DIRECTOR CHF EP	40.00	$174,855	$7,282	$1,200
DAMARY GONZALEZ
1 EAST 53RD STREET 3RD FL	NEW YORK	NY	10022	IMPLEMENTATION SPECI	40.00	$125,675	$37,257	$900

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	22	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
JULIE PONCELET CONSULTING INC
5123 WEST 98TH STREET	MINNEAPOLIS	MN	55437	CONSULTING	$276,873
EDUCATION FIRST CONSULTING LLC
PO BOX 22871	SEATTLE	WA	98122	CONSULTING	$202,447
JOHN GALLIN & SON INC
102 MADISON AVENUE	NEW YORK	NY	10016	CONSTRUCTION	$196,795
RSM US LLP
5155 PAYSPHERE CIRCLE	CHICAGO	IL	60674	ACCOUNTING	$144,296
ELIZABETH FADER
240 WEST 75TH STREET	NEW YORK	NY	10023	CONSULTING	$139,289

Field	Value	IRS element (for citing)
Contractor Paid Over50k	6	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	THE CARMEL HILL FUND EDUCATION PROGRAM SUPPORTS INDEPENDENT READING EFFORTS IN 100 SCHOOLS IN THREE CITIES: NEW YORK, NEW YORK; DENVER, COLORADO; AND MONROE, LOUSIANA, REACHING OVER 55,000 STUDENTS DURING THE 2023-24 SCHOOL YEAR. THE EDUCATION PROGRAM MISSION IS TO PROMOTE LITERACY AND FOSTER A LOVE OF READING, PARTICULARLY AMONG AT-RISK YOUTH IN INNER CITIES. TO THIS END, WE PARTNER WITH SCHOOLS TO UTILIZE RENAISSANCE LEARNING'S ACCELERATED READER SOFTWARE PROGRAM TO HELP MONITOR COMPLETION AND COMPREHENSION OF STUDENT READING PROGRESS. EDUCATION PROGRAM STAFF VISIT SCHOOLS AND ASSIST PRINCIPALS, TEACHERS, AND LIBRARIANS IN THE SUCCESSFUL IMPLEMENTATION OF THE READING PROGRAM.	Description1Txt
Expenses1	$9,561,830	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	NONE	Description1Txt
Expenses1	$0	Expenses1Amt
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$451,176,519	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$6,298,552	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$3,331,000	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$460,806,071	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$460,806,071	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$6,912,091	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$453,893,980	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$22,694,699	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$22,694,699	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$753,892	TaxBasedOnInvestmentIncomeAmt
Income Tax	$1,033	IncomeTaxAmt
Total Tax	$754,925	TotalTaxAmt
Distributable Before Adj	$21,939,774	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$21,939,774	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$21,939,774	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$21,901,155	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$281,953	CharitableAssetsAcquisPaidAmt
Qualifying Distributions	$22,183,108	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$21,939,774	DistributableAsAdjustedAmt
Undistributed Income PY	$18,517,669	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$22,183,108	QualifyingDistributionsAmt
Applied To Year1	$18,517,669	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$3,665,439	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$18,274,335	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (41 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
BEDFORD STUYVESANT NEW BEGINNINGS CHARTER SCHOOL
82 LEWIS AVENUE	BROOKLYN	NY	11206	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$20,000
BOSTON MEDICAL CENTER
ONE BOSTON MEDICAL CENTER PLACE	BOSTON	MA	02118	NONE	PC	TEAM UP	$250,000
BRAIN AND BEHAVIOR RESEARCH FOUNDATION
747 THIRD AVENUE 33RD FLOOR	NEW YORK	NY	10017	NONE	PC	YOUNG INVESTIGATORS PROGRAM AND RUANE PRIZE RESEARCH AWARDS	$550,000
BROOKLYN PUBLIC LIBRARY
10 GRAND ARMY PLAZA	BROOKLYN	NY	11238	NONE	PC	NYC READS INITIATIVE LITERACY ACTIVITIES	$54,500
CHILDREN'S AID SOCIETY
117 WEST 124TH STREET 5TH FLOOR	NEW YORK	NY	10027	NONE	PC	SCHOLARSHIPS, YOUTH MENTAL HEALTHCARE, AND AFTER-SCHOOL PROGRAMMING	$291,688
CHOICE CHARTER SCHOOL
423 EAST 138TH STREET	BRONX	NY	10454	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$20,000
CITIZENS COMMITTEE FOR CHILDREN OF NEW YORK
14 WALL STREET SUITE 4E	NEW YORK	NY	10005	NONE	PC	CAMPAIGN FOR HEALTHY MINDS, HEALTHY KIDS	$100,000
CITY YEAR
287 COLUMBUS AVENUE	BOSTON	MA	02116	NONE	PC	NYC READS INITIATIVE LITERACY ACTIVITIES	$155,000
COLUMBIA UNIVERSITY
630 WEST 168TH STREET	NEW YORK	NY	10032	NONE	PC	DEPARTMENT OF PSYCHIATRY	$200,000
CORNELIA CONNELLY CENTER
220 EAST 4TH STREET	NEW YORK	NY	10009	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$20,000
DEMOCRACY PREP
3872 THIRD AVENUE	BRONX	NY	10457	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$80,000
EDUCATORS FOR EXCELLENCE
80 PINE STREET 28TH FLOOR	NEW YORK	NY	10005	NONE	PC	ELEVATE EDUCATOR VOICE AND SUPPORT FOR HIGH-QUALITY LITERACY INSTRUCTION THROUGHOUT NEW YORK CITY	$100,000
EXPANDED
218 WEST 40TH STREET 12TH FLOOR	NEW YORK	NY	10018	NONE	PC	NYC READS INITIATIVE LITERACY ACTIVITIES	$204,750
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
245 SUMMER STREET	BOSTON	MA	02210	NONE	PC	DONOR ADVISED FUND - PLANNED FOR GIFTS FOR DONEE'S EXEMPT PURPOSE AND CAUSE	$10,000
FUND FOR PUBLIC SCHOOLS
52 CHAMBERS STREET ROOM 305	NEW YORK	NY	10007	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES; NYC READS EVALUATION & FAMILY ENGAGEMENT ACTIVITIES	$860,000
HARLEM ACADEMY
655 ST NICHOLAS AVENUE	NEW YORK	NY	10030	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$20,000
HENRY STREET SETTLEMENT
265 HENRY STREET	NEW YORK	NY	10002	NONE	PC	YOUTH MENTAL HEALTH CLINICAL CARE STAFFING	$150,000
HOPELAB FOUNDATION
100 CALIFORNIA STREET SUITE 1150	SAN FRANCISCO	CA	94111	NONE	POF	RESPONSIBLE TECHNOLOGY YOUTH POWER FUND	$100,000
INSEPARABLE
409 7TH STREET NW	WASHINGTON	DC	20004	NONE	PC	GENERAL OPERATING EXPENSES	$100,000
LITERACY INC
5030 BROADWAY SUITE 641	NEW YORK	NY	10034	NONE	PC	NYC READS INITIATIVE LITERACY ACTIVITIES	$257,500
MADISON SQUARE BOYS AND GIRLS CLUB
250 BRADHURST AVENUE	NEW YORK	NY	10039	NONE	PC	GENERAL OPERATING EXPENSES	$275,000
MOTT HAVEN ACADEMY
170 BROWN PLACE	BRONX	NY	10454	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$20,000
MOUNT CARMEL - HOLY ROSARY SCHOOL
371 PLEASANT AVENUE	NEW YORK	NY	10035	NONE	PC	SCHOLARSHIPS	$33,350
NEW VISIONS FOR PUBLIC SCHOOLS
205 EAST 42ND STREET 4TH FLOOR	NEW YORK	NY	10017	NONE	PC	LITERACY ACADEMY COLLECTIVE	$200,000
NEW YORK PUBLIC LIBRARY
270 MADISON AVENUE 12TH FLOOR	NEW YORK	NY	10016	NONE	PC	NYC READS INITIATIVE LITERACY ACTIVITIES	$97,500
PARENTCHILD
242 WEST 30TH STREET	NEW YORK	NY	10001	NONE	PC	NYC READS INITIATIVE LITERACY ACTIVITIES	$271,000
QUEENS PUBLIC LIBRARY FOUNDATION
89-11 MERRICK BLVD	JAMAICA	NY	11432	NONE	PC	NYC READS INITIATIVE LITERACY ACTIVITIES	$54,500
REACH OUT AND READ OF GREATER NEW YORK
105 WEST 86TH STREET 330	NEW YORK	NY	10024	NONE	PC	NYC READS INITIATIVE LITERACY ACTIVITIES	$107,500
READ ALLIANCE
160 BROADWAY 8TH FLOOR EAST	NEW YORK	NY	10038	NONE	PC	NYC READS INITIATIVE LITERACY ACTIVITIES	$299,500	BUILDING
READING PARTNERS
75 BROAD STREET 15TH FLOOR SUITE B	NEW YORK	NY	10004	NONE	PC	NYC READS INITIATIVE LITERACY ACTIVITIES	$287,750
RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK
230 WEST 41ST STREET	NEW YORK	NY	10036	NONE	PC	NYC YOUTH AGENDA	$34,385
ROOTS FAMILY CENTER
4200 MORRISON ROAD UNIT 7	DENVER	CO	80219	NONE	PC	LITERACY THROUGH HOME VISITATION PROGRAMS FOR FAMILIES WITH CHILDREN 0-5 YEARS OLD IN SOUTHWEST DENVER	$95,000
RSF SOCIAL FINANCE
PO BOX 2007	SAN FRANCISCO	CA	94126	NONE	PC	DONOR ADVISED FUND - PLANNED FOR GIFTS FOR DONEE'S EXEMPT PURPOSE AND CAUSE	$2,191,571
SOCIAL GOOD FUND
6641 AQUA VISTA COURT	RICHMOND	CA	94805	NONE	PC	NEXT GENERATION POLITICS/YVOTE AND THE NYC YOUTH AGENDA INITIATIVE	$50,000
SOUTH BRONX COMMUNITY CHARTER
1110 WASHINGTON AVENUE	BRONX	NY	10456	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$20,000
ST IGNATIUS SCHOOL
740 MANIDA STREET	BRONX	NY	10474	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$20,000
ST MARK THE EVANGELIST SCHOOL
55 WEST 138TH STREET	NEW YORK	NY	10037	NONE	PC	SCHOLARSHIPS	$21,235
TRANSCEND INC
1836 WESTCHESTER AVENUE PMB 6205	BRONX	NY	10472	NONE	PC	SEL PROGRAM LANDSCAPE SCAN	$85,000
UNIVERSITY SETTLEMENT
55 BROAD STREET 15TH FLOOR	NEW YORK	NY	10004	NONE	PC	MENTAL HEALTH SERVICES FOR YOUTH AGES 14-24	$125,000
URBAN ASSEMBLY
90 BROAD STREET 2101	NEW YORK	NY	10004	NONE	PC	GENERAL OPERATING EXPENSES	$100,000
VERMONT COMMUNITY FOUNDATION
3 COURT STREET	MIDDLEBURY	VA	05753	NONE	PC	DONOR ADVISED FUND - PLANNED FOR GIFTS FOR DONEE'S EXEMPT PURPOSE AND CAUSE	$2,191,571

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$10,123,300	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (17 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ARAB AMERICAN FAMILY SUPPORT CENTER
150 COURT STREET 3RD FLOOR	BROOKLYN	NY	11201	NONE	PC	MENTAL HEALTH SERVICES	$100,000
BEDFORD STUYVESANT NEW BEGINNINGS CHARTER SCHOOL
82 LEWIS AVENUE	BROOKLYN	NY	11206	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$10,000
BRAIN & BEHAVIOR RESEARCH FOUNDATION
747 THIRD AVENUE 33RD FLOOR	NEW YORK	NY	10017	NONE	PC	YOUNG INVESTIGATORS PROGRAM AND RUANE PRIZE RESEARCH AWARDS	$1,650,000
COLUMBIA UNIVERSITY
630 WEST 168TH STREET	NEW YORK	NY	10032	NONE	PC	DEPARTMENT OF PSYCHIATRY	$1,500,000
CORNELIA CONNELLY CENTER
220 EAST 4TH STREET	NEW YORK	NY	10009	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$10,000
DEMOCRACY PREP
3872 THIRD AVENUE	BRONX	NY	10457	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$40,000
FUND FOR PUBLIC SCHOOLS
52 CHAMBERS STREET ROOM 305	NEW YORK	NY	10007	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$330,000
GOTHAM GIVES
397 WEST 12TH STREET	NEW YORK	NY	10014	NONE	PC	SEE NYC	$25,000
HARLEM ACADEMY
655 ST NICHOLAS AVENUE	NEW YORK	NY	10030	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$10,000
MOTT HAVEN ACADEMY
170 BROWN PLACE	BRONX	NY	10454	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$10,000
MOUNT CARMEL - HOLY ROSARY SCHOOL
371 PLEASANT AVENUE	NEW YORK	NY	10035	NONE	PC	SCHOLARSHIPS	$50,400
NYS COUNCIL FOR COMMUNITY AND BEHAVIORAL HEALTHCARE
911 CENTRAL AVENUE PO BOX 152	ALBANY	NY	12206	NONE	PC	ADVOCACY FOR COMMUNITY-BASED HEALTH PROVIDERS	$100,000
SOUTH BRONX COMMUNITY CHARTER
1110 WASHINGTON AVENUE	BRONX	NY	10456	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$10,000
ST IGNATIUS SCHOOL
740 MANIDA STREET	BRONX	NY	10474	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$10,000
ST MARK THE EVANGELIST SCHOOL
55 WEST 138TH STREET	NEW YORK	NY	10037	NONE	PC	SCHOLARSHIPS	$28,000
TEACHING LABS
1802 VERNON ST NW PMB 533	WASHINGTON	DC	20009	NONE	PC	NYC READS PROFESSIONAL LEARNING SUPPORTS	$100,000
UNCOMMON SCHOOLS
55 BROAD STREET 3RD FLOOR	NEW YORK	NY	10004	NONE	PC	SUPPORT FOR STUDENT LITERACY & READING OUTCOMES	$180,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$4,163,400	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$66	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$6,650,776	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Business	900099	BusinessCd
Unrelated Business Taxbl Incm	$26,984	UnrelatedBusinessTaxblIncmAmt
Exclusion	18	ExclusionCd
Exclusion	$47,836,583	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (3 entries)

DescDesc	BusinessBusinessCd	Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt	ExclusionExclusionCd	ExclusionExclusionAmt
ACACIA PARTNERS LP - UBI	900099	$55
ACACIA PARTNERS LP			14	-$12,161
INVEST - MISC. INCOME			14	$99,445

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$27,039	UnrelatedBusinessTaxblIncmAmt
Exclusion	$54,574,709	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$54,601,748	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

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ELIZABETH A RUANE CHARITABLE REMAINDER TRUST	BusinessNameLine1Txt

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	66 PARKWOOD ROAD	AddressLine1Txt
City	FAIRFIELD	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06824	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$539,039	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd
Noncash Contribution	Yes (X)	NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Noncash Property	6,500 SH OF T, 7,000 SH OF ET, 5,500 SH OF PFXF; 1,500 SH OF VYMI	NoncashPropertyDesc
Fair Market Value	$414,925	FairMarketValueAmt
Received	2024-05-15	ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$144,296	Amt
Net Investment Income	$44,648	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$99,648	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (2 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	Cost Or Other BasisCostOrOtherBasisAmt	Prior Year DepreciationPriorYearDepreciationAmt	Computation MethodComputationMethodTxt	LifeLifeRt	Current Year ExpenseCurrentYearExpenseAmt	Net Investment IncomeNetInvestmentIncomeAmt
BUILDING IMPROVEMENTS	2023-01-01	$1,756,606	$117,107	SL	15.000000000000	$117,107	$0
BUILDING IMPROVEMENTS	2024-07-31	$281,953		SL	15.000000000000	$7,832	$0

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HOPELAB FOUNDATION	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	100 CALIFORNIA STREET SUITE 1150	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94111	ZIPCd

Field	Value	IRS element (for citing)
Grant	2024-07-17	GrantDt
Grant	$100,000	GrantAmt
Purpose Of Grant	RESPONSIBLE TECHNOLOGY YOUTH POWER FUND	PurposeOfGrantTxt
Expended By Grantee	$100,000	ExpendedByGranteeAmt
Any Diversion By Grantee	NONE	AnyDiversionByGranteeTxt
Dates Of Reports By Grantee	10/30/25	DatesOfReportsByGranteeTxt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDesc	AcquiredAcquiredDt	How AcquiredHowAcquiredTxt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Basis MethodBasisMethodTxt	Sales ExpenseSalesExpenseAmt	Total NetTotalNetAmt
ACACIA PARTNERS - UBI	2024-01	PURCHASED	2024-12	$26,127	COST	$0	$26,127
DONATED STOCK SALE - BASIS ADJUSTMENT	2024-05	PURCHASED	2024-05	$857	COST	$0	$857

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	VANGUARD S&P 500 INDEX ETF	StockNm
EOY Book Value	$236,893,433	EOYBookValueAmt
EOYFMV	$317,745,291	EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$73,682,379	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$73,949,758	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
ACACIA PARTNERS LP	AT COST	$9,692,891	$17,684,430
VANGUARD TREASURY MONEY MARKET INVESTOR CL	FMV	$100,000,000	$100,000,000
SIDE POCKET INVESTMENT	FMV	$3,898,904	$3,898,904

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt
BUILDING IMPROVEMENTS	$1,756,606	$234,214	$1,522,392
BUILDING IMPROVEMENTS	$281,953	$7,832	$274,121

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$108,179	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$108,179	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	DIVIDEND RECEIVABLE	Desc
BOY Book Value	$0	BOYBookValueAmt
EOY Book Value	$150,433	EOYBookValueAmt
EOYFMV	$150,433	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	BOOK TO TAX DIFFERENCE	Desc
Amt	$210,618	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EDUCATION PROGRAM EXPENSES	$3,638,990	$0	$3,638,990
INSURANCE	$40,729	$0	$40,729
OFFICE FURNITURE & EQUIP.	$27,594	$0	$27,594
SUPPLIES	$61,265	$0	$61,265
PROPERTY MAINTENANCE	$32,521	$0	$32,521
INVESTMENT INTEREST EXPENSE (FROM ACACIA PARTNERS LP)	$5,389	$5,387	$0
OTHER EXPENSES (FROM ACACIA PARTNERS LP)	$180,314	$180,257	$0
WEBSITE DEV. & MAINTENANCE	$23,136	$0	$23,136
PHONE & INTERNET	$36,023	$0	$36,023
EQUIP. RENTAL & MAINTENANCE	$7,252	$0	$7,252
LICENSES & SUBSCRIPTIONS	$10,464	$0	$10,464
MEMBERSHIP DUES	$39,919	$0	$39,919
PAYROLL & BENEFITS ADMIN	$35,066	$0	$35,066
MISCELLANEOUS	$9,507	$0	$9,507

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Net Investment IncomeNetInvestmentIncomeAmt
ACACIA PARTNERS LP - UBI	$55	$55
ACACIA PARTNERS LP	-$12,161	-$12,161	-$12,161
INVEST - MISC. INCOME	$99,445	$99,445	$99,445

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (9 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
HR CONSULTING FEES	$43,328	$0	$43,328
PROFESSIONAL DEVELOPMENT	$101,833	$0	$101,833
IT SERVICE FEES	$67,101	$0	$67,101
RECRUITING & SEARCH FEES	$56,983	$0	$56,983
GRANTMAKING ADVISORY FEES	$257,170	$0	$257,170
STRATEGY & EVALUATION FEES	$470,604	$0	$470,604
GRANTEE AND FIELD SUPPORT FEES	$137,523	$0	$137,523
TEMPORARY HELP FEES	$39,337	$0	$39,337
OTHER PROFESSIONAL FEES	$119,229	$0	$119,229

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FOREIGN TAX FROM ACACIA	CategoryTxt
Amt	$107,641	Amt
Net Investment Income	$107,607	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt