INDEPENDENCE BLUE CROSS FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: INDEPENDENCE BLUE CROSS FOUNDATION (EIN 36-4685801)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-13
IRS object ID: 202523179349101507
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
Compensation Explanation
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Legal Fees Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-13T09:17:04-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	655 NEW YORK AVE NW STE 1100	AddressLine1Txt
City	WASHINGTON	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	20001	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	364685801	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Independence Blue Cross Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% SHANNON KILNER	InCareOfNm
Business Name Control	INDE	BusinessNameControlTxt
Phone	2152414065	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1901 MARKET STREET	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19103	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JUAN A LOPEZ JR	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	2152414065	PhoneNum
Signature	2025-11-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

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

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL HOFFMAN	PreparerPersonNm
PTIN	P01345551	PTIN
Phone	2024141000	PhoneNum
Preparation	2025-11-12	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	$130,668,288	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$393,303	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$4,001,072	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$3,465,543	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$377,770	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$6,212,314	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$470,576	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	-$279,770	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$0	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$4,487,181	TotalRevAndExpnssAmt
Total Net Invst Incm	$3,185,773	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss	$8,952	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$8,952	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$19,082	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$19,082	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$1,721,416	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$349,165	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$1,372,251	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$73,407	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$58,205	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl	$58,205	TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$3,770	PrintingAndPubRevAndExpnssAmt
Printing And Pub Dsbrs Chrtbl	$3,770	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$82,396	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$79,233	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,967,228	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$349,165	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$1,541,493	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$8,698,576	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$8,782,710	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$10,665,804	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$349,165	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$10,324,203	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$6,178,623	ExcessRevenueOverExpensesAmt
Net Investment Income	$2,836,608	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$10,411,846	CashBOYAmt
Cash EOY	$11,817,128	CashEOYAmt
Cash EOYFMV	$11,817,128	CashEOYFMVAmt
Acct Rcvbl	$438,873	AcctRcvblAmt
Acct Rcvbl BOY	$403,470	AcctRcvblBOYAmt
Acct Rcvbl EOY	$438,873	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$438,873	AcctRcvblEOYFMVAmt
Pledges Rcvbl	$0	PledgesRcvblAmt
Pledges Rcvbl BOY	$10,000,000	PledgesRcvblBOYAmt
Pledges Rcvbl EOY	$0	PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV	$0	PledgesRcvblEOYFMVAmt
Grants Receivable BOY	$573,156	GrantsReceivableBOYAmt
Grants Receivable EOY	$22,660	GrantsReceivableEOYAmt
Grants Receivable EOYFMV	$22,660	GrantsReceivableEOYFMVAmt
Prepaid Expenses BOY	$0	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$156,033	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$156,033	PrepaidExpensesEOYFMVAmt
US Government Obligations BOY	$9,575,007	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$11,346,504	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$11,346,504	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$26,713,360	CorporateStockBOYAmt
Corporate Stock EOY	$30,770,213	CorporateStockEOYAmt
Corporate Stock EOYFMV	$30,770,213	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$15,661,101	CorporateBondsBOYAmt
Corporate Bonds EOY	$15,549,778	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$15,549,778	CorporateBondsEOYFMVAmt
Other Investments BOY	$58,002,097	OtherInvestmentsBOYAmt
Other Investments EOY	$60,567,099	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$60,567,099	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$131,340,037	TotalAssetsBOYAmt
Total Assets EOY	$130,668,288	TotalAssetsEOYAmt
Total Assets EOYFMV	$130,668,288	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$49,765	AccountsPayableBOYAmt
Accounts Payable EOY	$225,483	AccountsPayableEOYAmt
Grants Payable BOY	$957,250	GrantsPayableBOYAmt
Grants Payable EOY	$125,000	GrantsPayableEOYAmt
Loans From Officers BOY	$210,526	LoansFromOfficersBOYAmt
Loans From Officers EOY	$178,930	LoansFromOfficersEOYAmt
Other Liabilities BOY	$152,485	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$177,495	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$1,370,026	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$706,908	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$129,970,011	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$129,961,380	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$129,970,011	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$129,961,380	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$131,340,037	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$130,668,288	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$129,970,011	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$6,178,623	ExcessRevenueOverExpensesAmt
Other Increases	$10,002,152	OtherIncreasesAmt
Subtotal	$133,793,540	SubtotalAmt
Other Decreases	$3,832,160	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$129,961,380	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIES	P	$6,168,784	$6,550,256	-$381,472	-$381,472
ARGOSY REAL ESTATE PARTNERS IV	P	$43,530	$39,828	$3,702	$3,702

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$377,770	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$39,429	InvestmentIncomeExciseTaxAmt
Subtotal	$39,429	SubtotalAmt
Tax Based On Investment Income	$39,429	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$55,626	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits	$55,626	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$16,197	OverpaymentAmt
Applied To ES Tax	$16,197	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

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

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	SHANNON KILNER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2672544718	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1901 MARKET STREET	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19103	ZIPCd

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

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (13 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
CHARISSE R LILLIE ESQ
1901 MARKET STREET	PHILADELPHIA	PA	19103	CHAIRMAN OF BOARD OF DIRECTORS	0.5	$0	$0	$0
LORINA L MARSHALL-BLAKE
1901 MARKET STREET	PHILADELPHIA	PA	19103	PRESIDENT/DIRECTOR	1.5	$0	$0	$0
JUAN A LOPEZ JR
1901 MARKET STREET	PHILADELPHIA	PA	19103	TREASURER	0.5	$0	$0	$0
EMILY ZITSER
1901 MARKET STREET	PHILADELPHIA	PA	19103	SECRETARY	0.5	$0	$0	$0
JOAN P HILFERTY
1901 MARKET STREET	PHILADELPHIA	PA	19103	DIRECTOR	0.5	$0	$0	$0
CHRISTOPHER CASHMAN
1901 MARKET STREET	PHILADELPHIA	PA	19103	DIRECTOR	0.5	$0	$0	$0
RICHARD L SNYDER M D
1901 MARKET STREET	PHILADELPHIA	PA	19103	DIRECTOR	0.5	$0	$0	$0
NICHOLAS A GIORDANO
1901 MARKET STREET	PHILADELPHIA	PA	19103	DIRECTOR	0.5	$0	$0	$0
SIDNEY HARGRO
1901 MARKET STREET	PHILADELPHIA	PA	19103	DIRECTOR	0.5	$0	$0	$0
PAMELA SARNE-MCCORMICK
1901 MARKET STREET	PHILADELPHIA	PA	19103	DIRECTOR	0.5	$0	$0	$0
VALERIE HJELM ESQ
1901 MARKET STREET	PHILADELPHIA	PA	19103	ASSISTANT SECRETARY	0.5	$0	$0	$0
ROBERTA WAITE
1901 MARKET STREET	PHILADELPHIA	PA	19103	DIRECTOR	0.5	$0	$0	$0
JESSICA C LAMANNA ESQ
1901 MARKET STREET	PHILADELPHIA	PA	19103	SECRETARY	0.5	$0	$0	$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	NONE	Description1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	NONE	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$115,271,977	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$16,192,040	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$131,464,017	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$131,464,017	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,971,960	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$129,492,057	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$6,474,603	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$6,474,603	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$39,429	TaxBasedOnInvestmentIncomeAmt
Total Tax	$39,429	TotalTaxAmt
Distributable Before Adj	$6,435,174	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$84,134	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$6,519,308	DistributableBeforeDedAmt
Distributable As Adjusted	$6,519,308	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$10,324,203	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$10,324,203	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$6,519,308	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year1	2022	PriorYear1Yr
Prior Year2	2021	PriorYear2Yr
Prior Year3	2020	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$1,506,763	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$1,485,257	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$2,024,522	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$6,156,600	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$3,945,981	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$15,119,123	TotalExcessDistributionCyovAmt
Qualifying Distributions	$10,324,203	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Current Year	$6,519,308	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$3,804,895	RemainingDistriFromCorpusAmt
Total Corpus	$18,924,018	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$1,506,763	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$17,417,255	ExcessDistriCyovToNextYrAmt
Excess From Year4	$1,485,257	ExcessFromYear4Amt
Excess From Year3	$2,024,522	ExcessFromYear3Amt
Excess From Year2	$6,156,600	ExcessFromYear2Amt
Excess From Year1	$3,945,981	ExcessFromYear1Amt
Excess From Current Year	$3,804,895	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	NONE	ContributingManagerNm
Shareholder Manager	NONE	ShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	wwwibxfoundationorg	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	1901 Market Street 37th Floor	AddressLine1Txt
City	Philadelphia	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19103	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	8554223386	RecipientPhoneNum
Form And Info And Materials	APPLICATIONS ARE SUBMITTED TO THE FOUNDATION THROUGH ITS GRANTS MANAGEMENT SYSTEM. THE FOUNDATION WEBSITE (WWW.IBXFOUNDATION.ORG) DESCRIBES SEVERAL GRANTMAKING AREAS OF THE FOUNDATION. THESE INCLUDE GRANTS TO SUPPORT HEALTHCARE ACCESS, HEALTH WORKFORCE, AND COMMUNITY HEALTH. THE APPLICATION FORM, REQUIRED INFORMATION AND MATERIALS, SUBMISSION DEADLINES, GRANT ELIGIBILITY GUIDELINES, AND THE GRANT AGREEMENT MAY VARY BY GRANTMAKING AREA. THE WEBSITE INCLUDES CONTACT INFORMATION IF ADDITIONAL INFORMATION IS NEEDED.	FormAndInfoAndMaterialsTxt
Submission Deadlines	SUBMISSION DEADLINES MAY VARY BY GRANTMAKING AREA.	SubmissionDeadlinesTxt
Restrictions On Awards	THE FOUNDATION WAS ORGANIZED FOR CHARITABLE AND EDUCATIONAL PURPOSES TO SUPPORT, ADVANCE, AND RAISE FUNDS FOR HEALTHCARE, HEALTH EDUCATION, WELLNESS, MEDICAL TRAINING AND MEDICAL RESEARCH. MORE SPECIFICALLY, THE FOUNDATION IS INTERESTED IN MAKING GRANTS THAT IMPROVE HEALTHCARE ACCESS; STRENGTHEN THE HEALTH WORKFORCE; AND ENABLE SOLUTIONS FOR BETTER COMMUNITY HEALTH. AT PRESENT, GRANT AWARDS ARE GENERALLY LIMITED TO RECIPIENTS LOCATED IN, OR CARRYING OUT GRANT PURPOSES IN, THE FOLLOWING PENNSYLVANIA COUNTIES: PHILADELPHIA, MONTGOMERY, DELAWARE, BUCKS AND CHESTER.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (70 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
Abington Health Foundation
1200 Old York Road	Abington	PA	19001	NONE	PC	Healthcare Access	$15,000
Albert Einstein Medical Center
5501 Old York Road	Philadelphia	PA	191413018	NONE	PC	Healthcare Access	$50,000
American Corporate Partners
140 E 45th Street	New York	NY	100177174	NONE	PC	Health Workforce	$50,000
Ann Silverman Community Health Clinic
595 W State St	Doylestown	PA	189012554	NONE	PC	Healthcare Access	$50,000	Floor 21
Association of Recovery in Higher Education Inc
Po Box 1541	Kennesaw	GA	301568541	NONE	PC	Healthcare Access	$93,500
Augustinian Defenders Of The Rights Of The Poor
2130 S 21st St	Philadelphia	PA	191453401	NONE	PC	Healthcare Access	$10,000
Bucks County Community College Foundation
275 Swamp Rd	Newtown	PA	189404106	NONE	PC	Healthcare Access; Health Workforce	$36,641
CH Pennsylvania Under - 21
31 E Armat Street	Philadelphia	PA	191442201	NONE	PC	Healthcare Access	$10,000
ChesPenn Health Services Inc
1510 Chester Pike	Eddystone	PA	190221377	NONE	PC	Healthcare Access; Health Workforce	$190,000
Community College of Philadelphia Foundation
1700 Spring Garden St Annex 7th Fl	Philadelphia	PA	191303991	NONE	PC	Health Workforce	$54,496	Suite 200
Community Volunteers In Medicine Inc
300 Lawrence Dr Ste B	West Chester	PA	193804289	NONE	PC	Healthcare Access	$100,000
Congreso de Latinos Unidos Inc
216 W Somerset St	Philadelphia	PA	191333534	NONE	PC	Healthcare Access	$50,000
Delaware County Community College Educational Foun
901 Media Line Rd	Media	PA	190631094	NONE	PC	Health Workforce	$41,862	1st Floor
Delaware Valley Community Health Inc
1412 Fairmount Ave	Philadelphia	PA	191302908	NONE	PC	Healthcare Access	$340,000
Drexel University
3141 Chestnut Street	Philadelphia	PA	19104	NONE	PC	Community Health; Healthcare Access; Health Workfo	$305,901
Eastern Center for Arts and Technology Foundation
3075 Terwood Rd	Willow Grove	PA	190901436	NONE	PC	Health Workforce	$18,140
Eastern University
1300 Eagle Rd	St Davids	PA	19087	NONE	PC	Healthcare Access; Health Workforce	$53,082
Ed Snider Youth Hockey & Education
288 Egg Harbor Road	Sewell	NJ	08080	NONE	PC	Healthcare Access	$50,000	Office of Advancement
Eluna
1617 JFK Street	Philadelphia	PA	191031822	NONE	PC	Healthcare Access	$50,000	Unit 7
Esperanza Health Center Inc
4417 N 6th St	Philadelphia	PA	191402319	NONE	PC	Healthcare Access; Health Workforce	$182,500	Suite 935
Face to Face Inc
109 E Price St	Philadelphia	PA	191442145	NONE	PC	Healthcare Access	$15,000
Family Support Line of Delaware County Inc
53 W Baltimore Ave	Media	PA	19063	NONE	PC	Healthcare Access	$50,000
Fund for Girard College
2101 S College Ave	Philadelphia	PA	191214811	NONE	PC	Healthcare Access	$125,000	Suite 300
Greater Philadelphia Health Action
1401 S 31st Street	Philadelphia	PA	191463506	NONE	PC	Healthcare Access	$235,000
Greater Philadelphia Young Men's Christian Associa
400 Fayette St	Conshohocken	PA	194282186	NONE	PC	Community Health	$280,000	2nd Floor
Gwynedd Mercy University
1325 Sumney Town Pike	Gwynedd Valley	PA	19437	NONE	PC	Health Workforce	$84,537	Suite 250
Harcum College
750 Montgomery Ave	Bryn Mawr	PA	190103405	NONE	PC	Healthcare Access; Health Workforce	$70,047
HealthShare Exchange of Southeastern Pennsylvania
190 N Independence Mall W 701	Philadelphia	PA	191061554	NONE	PC	Community Health	$500,000
Heights Philadelphia
123 S Broad Street	Philadelphia	PA	19109	NONE	PC	Health Workforce	$49,580
Holy Family University
9801 Frankford Ave	Philadelphia	PA	191142009	NONE	PC	Healthcare Access; Health Workforce	$166,783	Suite 850
HopePHL
325 N 39th St	Philadelphia	PA	191044656	NONE	PC	Healthcare Access	$10,000
Immaculata University
1145 King Road	Immaculata	PA	19345	NONE	PC	Health Workforce	$70,025
Kids Smiles Inc
219 B Chester Pike	Norwood	PA	19074	NONE	PC	Healthcare Access	$220,000	Lourdes 201
La Salle University
1900 W Olney Ave	Philadelphia	PA	191411108	NONE	PC	Health Workforce	$108,678
LCH Health and Community Services
731 W Cypress St	Kennett Sq	PA	193482419	NONE	PC	Healthcare Access	$150,000
Main Line Health Inc
240 N Radnor-Chester Road	Radnor	PA	19087	NONE	PC	Community Health	$250,000
Manor College
700 Fox Chase Rd	Jenkintown	PA	190463319	NONE	PC	Healthcare Access	$20,000	Suite 170
Mazzoni Center
1348 Bainbridge Street	Philadelphia	PA	19147	NONE	PC	Healthcare Access; Health Workforce	$55,000
Merakey Foundation
620 Germantown Pike	Lafayette Hill	PA	194441810	NONE	PC	Healthcare Access	$35,000
Montgomery County Community College Foundation
340 Dekalb Pike	Blue Bell	PA	194221412	NONE	PC	Health Workforce	$41,846
Neumann University
1 Neumann Dr	Aston	PA	190141277	NONE	PC	Healthcare Access; Health Workforce	$163,906
Oshun Family Center
1620 W Sparks St	Philadelphia	PA	191411918	NONE	PC	Community Health	$250,000
Pennsylvania State University Philanthropic Fund
1600 Woodland Rd	Abington	PA	19001	NONE	PC	Healthcare Access; Health Workforce	$25,500
Philadelphia College of Osteopathic Medicine Found
4180 City Avenue	Philadelphia	PA	19131	NONE	PC	Healthcare Access	$110,000
Philadelphia FIGHT
1233 Locust Street 3rd Floor	Philadelphia	PA	191075400	NONE	PC	Healthcare Access	$50,000
Phoenixville Free Clinic
143 Church St	Phoenixville	PA	194603438	NONE	PC	Healthcare Access	$50,000
Please Touch Museum
4231 Avenue Of The Republic	Philadelphia	PA	191313719	NONE	PC	Healthcare Access	$50,000
Project HOME
1415 Fairmount Avenue	Philadelphia	PA	191302962	NONE	PC	Healthcare Access; Health Workforce	$68,500
Public Health Management Corporation
1500 Market St - Centre Square East	Philadelphia	PA	19102	NONE	PC	Healthcare Access	$200,000	Suite 241
Puentes de Salud
1700 South St	Philadelphia	PA	191461529	NONE	PC	Healthcare Access; Health Workforce	$37,500
Resources for Human Development Inc
4700 Wissahickon Ave	Philadelphia	PA	191444248	NONE	PC	Healthcare Access	$110,000
Saint Joseph's University
5600 City Ave	Philadelphia	PA	191311308	NONE	PC	Community Health; Health Workforce	$190,070	Suite 126
Spectrum Health Services Inc
5201 Haverford Ave	Philadelphia	PA	191391401	NONE	PC	Healthcare Access	$115,000
St Christopher's Foundation for Children
1800 John F Kennedy Blvd	Philadelphia	PA	191037416	NONE	PC	Healthcare Access	$20,000
St Mary Medical Center
1201 Langhorne-Newtown Road	Langhorne	PA	190471201	NONE	PC	Healthcare Access	$70,000	Ste 1550
Temple University-Of The Commonwealth System of Hi
1805 North Broad Street	Philadelphia	PA	19122	NONE	PC	Health Workforce	$72,043
The Arc of Philadelphia
2350 W Westmoreland St	Philadelphia	PA	191404718	NONE	PC	Community Health	$145,000	Wachman Hall 1108
The Center for Effective Philanthropy Inc
675 Massachusetts Street	Cambridge	MA	021393309	NONE	PC	New Initiative	$36,890
The Children's Hospital of Philadelphia Foundation
3401 Civic Center Blvd	Philadelphia	PA	19104	NONE	PC	Healthcare Access	$530,000	7th Floor
The Fund for the School District of Philadelphia
30 S 17th St	Philadelphia	PA	191034001	NONE	PC	Healthcare Access	$75,000
The Philip Jaisohn Memorial Foundation Inc
6705 Old York Road	Philadelphia	PA	19126	NONE	PC	Healthcare Access; Health Workforce	$92,500	11th Floor
Thomas Jefferson University
1101 Market Street	Philadelphia	PA	191072934	NONE	PC	Healthcare Access; Health Workforce	$186,928
Trustees of the University of Pennsylvania
2929 Walnut Street	Philadelphia	PA	191045099	NONE	PC	Community Health; Healthcare Access; Health Workfo	$952,316	Suite 2004
Urban Affairs Coalition
1650 Arch Street	Philadelphia	PA	19103	NONE	PC	Community Health	$25,000	Suite 300 - GAAR
Ursinus College
601 E Main St	Collegeville	PA	194262509	NONE	PC	Healthcare Access	$12,500	Suite 2701
Villanova University
800 Lancaster Avenue	Villanova	PA	19085	NONE	PC	Community Health; Healthcare Access; Health Workfo	$262,037
Vision To Learn
12100 Wilshire Blvd	Los Angeles	CA	900257143	NONE	PC	Healthcare Access	$160,000	Office of University Advancement
VNA Community Services Inc
1421 Highland Ave	Abington	PA	190012610	NONE	PC	Healthcare Access; Health Workforce	$55,000	Suite 1275
West Chester University Foundation
202 Carter Dr	West Chester	PA	193824972	NONE	PC	Health Workforce	$58,607
Widener University
1 University Place	Chester	PA	19013	NONE	PC	Healthcare Access; Health Workforce	$195,795

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$8,657,710	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
BLACK BRAIN CAMPAIGN ASSOCIATION
5429 CHESTNUT ST	PHILADELPHIA	PA	191393300	NONE	PC	HEALTHCARE ACCESS	$50,000
CRESCENT FOUNDATION
6445 VINE STREET	PHILADELPHIA	PA	19139	NONE	PC	COMMUNITY HEALTH	$75,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$125,000	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp
Int On Sav And Temp Cash Invst		IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$4,001,072	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Income		OtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$377,770	ExclusionAmt

Field	Value	IRS element (for citing)
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt
GOLF OUTING INCOME	42	$88,649
ALTERNATIVE INVESTMENTS	14	$381,927

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$4,093,878	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$4,093,878	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

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

Schedule B IRS990ScheduleB

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

Contributor Information ContributorInformationGrp (48 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
AMERICAN HERITAGE CREDIT UNION
1	2060 RED LION ROAD	PHILADELPHIA	PA	19115	$6,500	Yes (X)
AMN HEALTHCARE
2	2999 OLYMPUS BLVD 500	DALLAS	TX	75019	$15,000	Yes (X)
AVIDXCHANGE INC
3	1210 AVIDXCHANGE LANE	CHARLOTTE	NC	28206	$5,500	Yes (X)
BRANDYWINE OPERATING PARTNERSHIP
4	2929 ARCH STREET SUITE 1800	PHILADELPHIA	PA	19104	$5,500	Yes (X)
BRIAN COMMUNICATIONS
5	123 S BROAD ST 2700	PHILADELPHIA	PA	19109	$5,000	Yes (X)
BUCKS COUNTY COMMUNITY COLLEGE
6	275 SWAMP ROAD	NEWTOWN	PA	18940	$5,000	Yes (X)
CANON FAIRWAY
7	1901 MARKET STREET	PHILADELPHIA	PA	19103	$5,307	Yes (X)
CARON TREATMENT CENTERS
8	PO BOX 150 GALEN HALL ROAD	WERNERSVILLE	PA	19565	$6,500	Yes (X)
CBIZ BENEFITS INSURANCE SERVICES
9	401 PLYMOUTH ROAD SUITE 200	PLYMOUTH MEETING	PA	19462	$5,500	Yes (X)
CONTEMPORARY STAFFING SOLUTIONS
10	1400 N PROVIDENCE ROAD STE 1025	MEDIA	PA	19063	$6,500	Yes (X)
DELOITTE AND TOUCHE LLP
11	1700 MARKET STREET	PHILADELPHIA	PA	19103	$5,500	Yes (X)
EDIFECS PAYABLES CORP
12	1756 114TH AVENUE SOUTHEAST	BELLEVUE	WA	98004	$8,000	Yes (X)
ELEVANCE HEALTH
13	220 VIRGINIA AVENUE	INDIANAPOLIS	IN	46204	$8,000	Yes (X)
ELLIOTT-LEWIS CORPORATION
14	2900 BLACK LAKE PLACE	PHILADELPHIA	PA	19154	$5,500	Yes (X)
EMERALD ADVISORS
15	610 FREEDOM BUSINESS CENTER DR	KING OF PRUSSIA	PA	19406	$5,500	Yes (X)
EMERSON ROGERS LLC
16	1305 WALT WHITMAN RD 310	MELVILLE	NY	11747	$6,500	Yes (X)
ERNST YOUNG US LLP
17	395 9TH AVE	NEW YORK	NY	10001	$5,482	Yes (X)
FLEXIBLE BENEFIT PLANS
18	1288 VALLEY FORGE RD	PHOENIXVILLE	PA	19460	$6,500	Yes (X)
HATZEL AND BUEHLER INC
19	1801 MARKET ST STE 2430	PHILADELPHIA	PA	19103	$6,500	Yes (X)
HOLY FAMILY UNIVERSITY
20	9801 FRANKFORD AVE	PHILADELPHIA	PA	19114	$5,000	Yes (X)
INOVALON
21	4321 COLLINGTON ROAD	BOWIE	MD	20716	$14,500	Yes (X)
INTEPROS CONSULTING
22	400 5TH AVE STE 340	WALTHAM	MA	02451	$6,500	Yes (X)
INTERPUBLIC GROUP
23	909 THIRD AVENUE	NEW YORK	NY	10022	$7,500	Yes (X)
JANEAN E GARDNER
24	1901 MARKET STREET	PHILADELPHIA	PA	19103	$5,500	Yes (X)
JEFFERSON
25	1901 MARKET STREET	PHILADELPHIA	PA	19103	$5,000	Yes (X)
JOHN J GRIFFIN JR AND FAMILY
26	1901 MARKET STREET	PHILADELPHIA	PA	19103	$5,500	Yes (X)
JOSEPH A FRICK
27	1901 MARKET STREET	PHILADELPHIA	PA	19103	$10,500	Yes (X)
LABCORP
28	1361 PATRICK HENRY DRIVE	PHOENIXVILLE	PA	19460	$11,000	Yes (X)
MARSH MCLENNAN COMPANIES
29	1717 ARCH STREET SUITE 1100	PHILADELPHIA	PA	19103	$5,500	Yes (X)
MORGAN LEWIS AND BOCKIUS LLP
30	1701 MARKET ST	PHILADELPHIA	PA	19103	$6,500	Yes (X)
MULLIGAN
31	1901 MARKET STREET	PHILADELPHIA	PA	19103	$5,790	Yes (X)
MULTIPLAN INC
32	1901 MARKET STREET	PHILADELPHIA	PA	19103	$5,500	Yes (X)
NATIONAL BOARD OF MEDICAL EXAMINERS
33	3750 MARKET STREET	PHILADELPHIA	PA	19104	$8,000	Yes (X)
NICOLE BORROR
34	1901 MARKET STREET	PHILADELPHIA	PA	19103	$9,650	Yes (X)
OPTUM SERVICES INC
35	5307 LAKESIDE AVENUE	VIRGINIA BEACH	VA	23451	$8,000	Yes (X)
PFM ASSET MANAGEMENT
36	1735 MARKET STREET	PHILADELPHIA	PA	19103	$5,500	Yes (X)
PRIME THERAPEUTICS
37	2900 AMES CROSSING ROAD SUITE 200	EAGAN	MN	55121	$13,500	Yes (X)
RAYMOND JAMES AND ASSOCIATES INC
38	1901 MARKET STREET	PHILADELPHIA	PA	19103	$5,500	Yes (X)
SHANNON OUTDOOR ADVERTISING INC
39	PO BOX 109	ARDMORE	PA	19003	$6,500	Yes (X)
ST JOSEPH'S UNIVERSITY
40	5600 CITY AVE	PHILADELPHIA	PA	19131	$5,500	Yes (X)
STEAMFITTERS LOCAL UNION NO 420
41	1901 MARKET STREET	PHILADELPHIA	PA	19103	$5,500	Yes (X)
STERLING BENEFITS
42	1740 WALTON RD 100	BLUE BELL	PA	19422	$5,307	Yes (X)
THE GLENMEDE TRUST COMPANY
43	1650 MARKET ST SUITE 1200	PHILADELPHIA	PA	19103	$5,500	Yes (X)
UNIVERSAL PRINTING COMPANY
44	1901 MARKET ST	PHILADELPHIA	PA	19103	$6,500	Yes (X)
VILLANOVA UNIVERSITY
45	800 E LANCASTER AVENUE	VILLANOVA	PA	19085	$5,000	Yes (X)
WDL-EL REAL ESTATE ADVISORY GROUP
46	13410 PRIESTLY ST	PHILADELPHIA	PA	19116	$6,500	Yes (X)
WEST CHESTER UNIVERSITY FOUNDATION
47	202 CARTER DR	WEST CHESTER	PA	19382	$5,000	Yes (X)
WIDENER UNIVERSITY
48	ONE UNIVERSITY PL	CHESTER	PA	19013	$5,000	Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	AUDIT EXPENSE	CategoryTxt
Amt	$19,082	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$19,082	DisbursementsCharitablePrpsAmt

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp (2 entries)

Short ExplanationShortExplanationTxt
EMILY ZITSER
EMILY ZITSER was appointed on April 22, 2024
JESSICA C LAMANNA ESQ
JESSICA C. LAMANNA, ESQ SERVED AS SECRETARY UNTIL APRIL 22, 2024

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (172 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
1011778 BC UNLIMITED LIAB CO	$113,250	$113,250
ABBVIE INC	$246,883	$246,883
AFLAC INC	$143,465	$143,465
AIR LEASE CORP	$109,076	$109,076
ALBERTSONS COMPANIES INC	$97,375	$97,375
AMAZON.COM INC	$113,799	$113,799
AMAZON.COM INC	$157,641	$157,641
AMERICAN AIRLINES 2016-2 PASS	$111,797	$111,797
AMERICAN AIRLINES INC	$117,588	$117,588
AMERICAN AXLE & MANUFACTURING	$49,500	$49,500
AMERICAN AXLE & MANUFACTURING	$0	$0
AMGEN INC	$83,900	$83,900
ANHEUSER-BUSCH INBEV WORLDWIDE	$0	$0
APPLE INC	$312,956	$312,956
ASCENSION HEALTH	$59,657	$59,657
ASHTEAD CAPITAL INC	$145,316	$145,316
AT&T INC	$0	$0
AT&T INC	$0	$0
AT&T INC	$107,596	$107,596
AT&T INC	$130,126	$130,126
AT&T INC	$0	$0
AUTONATION INC	$0	$0
AUTOZONE INC	$0	$0
AUTOZONE INC	$144,606	$144,606
AVALONBAY COMMUNITIES INC	$81,392	$81,392
BALL CORP	$112,337	$112,337
BANK OF AMERICA CORP	$149,576	$149,576
BANK OF AMERICA CORP	$0	$0
BANNER HEALTH	$43,895	$43,895
BATH & BODY WORKS INC	$111,650	$111,650
BAXTER INTERNATIONAL INC	$0	$0
BEAZER HOMES USA INC	$0	$0
BOARDWALK PIPELINES LP	$80,970	$80,970
BOARDWALK PIPELINES LP	$0	$0
BOEING CO	$0	$0
BOEING CO	$0	$0
BOYD GAMING CORP	$115,950	$115,950
BP CAPITAL MARKETS AMERICA INC	$108,037	$108,037
BROADCOM INC	$86,223	$86,223
BROADCOM INC	$0	$0
CAESARS ENTERTAINMENT INC	$116,725	$116,725
CANADIAN PACIFIC RAILWAY CO	$0	$0
CARNIVAL PLC	$115,225	$115,225
CATERPILLAR FINANCIAL SERVICES	$45,836	$45,836
CCO HOLDINGS LLC	$123,187	$123,187
CEDAR FAIR LP	$0	$0
CENCORA INC	$0	$0
CENCORA INC	$0	$0
CHENIERE CORPUS CHRISTI HOLDIN	$73,909	$73,909
CHENIERE CORPUS CHRISTI HOLDIN	$0	$0
CHENIERE CORPUS CHRISTI HOLDIN	$0	$0
CISCO SYSTEMS INC	$0	$0
CITIGROUP INC	$470,296	$470,296
CLEAN HARBORS INC	$107,800	$107,800
CLEAR CHANNEL OUTDOOR HOLDINGS	$115,650	$115,650
CLEVELAND-CLIFFS INC	$119,600	$119,600
COCA-COLA CO	$84,007	$84,007
COCA-COLA CO	$0	$0
COCA-COLA CO	$0	$0
COMCAST CORP	$157,943	$157,943
COMCAST CORP	$0	$0
COMCAST CORP	$0	$0
CONOCOPHILLIPS	$0	$0
COTY INC	$119,062	$119,062
CSC HOLDINGS LLC	$0	$0
CVS HEALTH CORP	$0	$0
DANA INC	$113,275	$113,275
DIGITAL REALTY TRUST LP	$75,715	$75,715
DUKE ENERGY CORP	$466,895	$466,895
EBAY INC	$0	$0
ENERGY TRANSFER LP	$0	$0
ENLINK MIDSTREAM PARTNERS LP	$129,704	$129,704
ERP OPERATING LP	$0	$0
EXTRA SPACE STORAGE LP	$0	$0
FORD MOTOR CO	$74,460	$74,460
GEN DIGITAL INC	$126,406	$126,406
GENERAL MILLS INC	$53,855	$53,855
GENERAL MOTORS FINANCIAL COMPA	$108,967	$108,967
GENERAL MOTORS FINANCIAL COMPA	$0	$0
GFL ENVIRONMENTAL INC	$122,200	$122,200
GILEAD SCIENCES INC	$159,900	$159,900
GLAXOSMITHKLINE CAPITAL INC	$53,658	$53,658
GOLDMAN SACHS GROUP INC	$79,306	$79,306
GOLDMAN SACHS GROUP INC	$132,799	$132,799
GOODYEAR TIRE & RUBBER CO	$123,863	$123,863
GRAPHIC PACKAGING INTERNATIONA	$125,550	$125,550
GRAY MEDIA INC	$125,000	$125,000
GRAY TELEVISION INC	$0	$0
HCA INC	$105,009	$105,009
HESS MIDSTREAM OPERATIONS LP	$120,900	$120,900
HILTON DOMESTIC OPERATING COMP	$127,888	$127,888
HOME DEPOT INC	$57,420	$57,420
HONEYWELL INTERNATIONAL INC	$0	$0
IRON MOUNTAIN INC	$112,200	$112,200
JANE STREET GROUP LLC	$120,292	$120,292
JPMORGAN CHASE & CO	$317,626	$317,626
KB HOME	$122,362	$122,362
KINDER MORGAN INC	$54,003	$54,003
KRAFT HEINZ FOODS CO	$319,950	$319,950
KROGER CO	$0	$0
KROGER CO	$86,672	$86,672
LAMAR MEDIA CORP	$117,031	$117,031
LOWE'S COMPANIES INC	$156,945	$156,945
LOWE'S COMPANIES INC	$0	$0
LPL HOLDINGS INC	$112,982	$112,982
MACY'S RETAIL HOLDINGS LLC	$0	$0
MARRIOTT INTERNATIONAL INC	$305,450	$305,450
MASTERCARD INC	$0	$0
MATTEL INC	$97,911	$97,911
MGM RESORTS INTERNATIONAL	$124,375	$124,375
MID-AMERICA APARTMENTS LP	$0	$0
MID-AMERICA APARTMENTS LP	$0	$0
MORGAN STANLEY	$317,616	$317,616
MOUNT SINAI HOSPITAL NEW YORK	$35,690	$35,690
NEVADA POWER CO	$79,326	$79,326
NEXSTAR ESCROW INC	$107,113	$107,113
NORDSTROM INC	$138,656	$138,656
NORTHWESTERN MEMORIAL HEALTHCA	$28,093	$28,093
NUSTAR LOGISTICS LP	$129,675	$129,675
ON SEMICONDUCTOR CORP	$116,563	$116,563
ORACLE CORP	$473,049	$473,049
O'REILLY AUTOMOTIVE INC	$0	$0
O'REILLY AUTOMOTIVE INC	$0	$0
OUTFRONT MEDIA CAPITAL LLC	$116,850	$116,850
PENSKE AUTOMOTIVE GROUP INC	$122,681	$122,681
PFIZER INC	$0	$0
PFIZER INC	$156,608	$156,608
PROLOGIS LP	$35,122	$35,122
PUBLIC STORAGE	$0	$0
PUBLIC STORAGE	$109,316	$109,316
REPUBLIC SERVICES INC	$0	$0
REPUBLIC SERVICES INC	$0	$0
REPUBLIC SERVICES INC	$0	$0
REPUBLIC SERVICES INC	$0	$0
RHP HOTEL PROPERTIES LP	$123,000	$123,000
RIO TINTO FINANCE (USA) LTD	$107,365	$107,365
SALESFORCE.COM INC	$293,535	$293,535
SALLY HOLDINGS LLC	$0	$0
SBA COMMUNICATIONS CORP	$117,488	$117,488
SEALED AIR CORP	$114,713	$114,713
SERVICE PROPERTIES TRUST	$0	$0
SIRIUS XM RADIO INC	$119,600	$119,600
SOUTHERN CO	$487,567	$487,567
SOUTHWEST AIRLINES CO	$0	$0
SPIRIT AEROSYSTEMS INC	$116,700	$116,700
STONEX GROUP INC	$0	$0
SUMMIT MATERIALS LLC	$120,900	$120,900
TEGNA INC	$125,888	$125,888
TENET HEALTHCARE CORP	$116,719	$116,719
TEVA PHARMACEUTICAL FINANCE NE	$120,000	$120,000
THERMO FISHER SCIENTIFIC INC	$0	$0
THERMO FISHER SCIENTIFIC INC	$0	$0
THERMO FISHER SCIENTIFIC INC	$0	$0
T-MOBILE USA INC	$0	$0
TORONTO-DOMINION BANK	$196,927	$196,927
TOYOTA MOTOR CREDIT CORP	$288,159	$288,159
TRANSDIGM INC	$135,169	$135,169
UNION PACIFIC CORP	$115,932	$115,932
UNITED AIRLINES INC	$123,175	$123,175
UNITED RENTALS (NORTH AMERICA)	$116,700	$116,700
UNITEDHEALTH GROUP INC	$106,203	$106,203
US FOODS INC	$25,500	$25,500
VENTAS REALTY LP	$48,737	$48,737
VERIZON COMMUNICATIONS INC	$143,593	$143,593
VERIZON COMMUNICATIONS INC	$0	$0
WALMART INC	$245,920	$245,920
WASTE MANAGEMENT INC	$62,618	$62,618
WASTE MANAGEMENT INC	$0	$0
WASTE MANAGEMENT INC	$0	$0
WELLS FARGO & CO	$248,840	$248,840
WELLTOWER OP LLC	$326,452	$326,452
WESCO DISTRIBUTION INC	$121,650	$121,650

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (866 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
3M ORD	$23,236	$23,236
A O SMITH ORD	$2,592	$2,592
ABB ADR REP 1 ORD	$77,611	$77,611
ABBOTT LABORATORIES ORD	$64,812	$64,812
ABBVIE ORD	$103,599	$103,599
ACCENTURE CL A ORD	$72,469	$72,469
ADIDAS ADR	$32,878	$32,878
ADOBE ORD	$64,479	$64,479
ADVANCED MICRO DEVICES ORD	$64,623	$64,623
ADYEN UNSPON 100 ADR REP ORD	$27,707	$27,707
AFLAC ORD	$17,068	$17,068
AGILENT TECHNOLOGIES ORD	$12,628	$12,628
AGNICO EAGLE ORD	$28,938	$28,938
AIA GROUP ADR	$56,631	$56,631
AIR PRODUCTS AND CHEMICALS ORD	$21,173	$21,173
AIRBNB CL A ORD	$18,792	$18,792
AIRBUS SE UNSPONSORED ADR	$47,404	$47,404
AKAMAI TECHNOLOGIES ORD	$4,782	$4,782
AKZO NOBEL N V SPONSORED ADR	$19,850	$19,850
ALARUM TECHNOLOGIES ADR	$7,639	$7,639
ALBEMARLE ORD	$3,357	$3,357
ALCON ORD	$26,316	$26,316
ALEXANDRIA REAL ESTATE EQ REIT	$4,975	$4,975
ALIBABA GROUP HOLDING ADR REP	$93,269	$93,269
ALIGN TECHNOLOGY ORD	$4,796	$4,796
ALLEGION ORD	$3,790	$3,790
ALLIANT ENERGY ORD	$5,027	$5,027
ALLIANZ 10 UNSPON ADR REP ORD	$82,763	$82,763
ALLSTATE ORD	$16,773	$16,773
ALPHABET CL A ORD	$364,592	$364,592
ALPHABET CL C ORD	$298,991	$298,991
ALSTOM UNSPONSORED FRANCE ADR	$20,268	$20,268
AMADEUS IT GROUP ADR	$27,863	$27,863
AMAZON COM ORD	$676,599	$676,599
AMBEV ADR REP ONE ORD	$20,008	$20,008
AMCOR ORD	$4,479	$4,479
AMEREN ORD	$7,844	$7,844
AMERICAN AIRLINES GROUP ORD	$0	$0
AMERICAN ELECTRIC POWER ORD	$16,140	$16,140
AMERICAN EXPRESS ORD	$54,313	$54,313
AMERICAN INTERNATIONAL GROUP	$14,997	$14,997
AMERICAN TOWER REIT	$28,245	$28,245
AMERICAN WATER WORKS ORD	$7,967	$7,967
AMERIPRISE FINANCE ORD	$17,038	$17,038
AMETEK ORD	$13,700	$13,700
AMGEN ORD	$46,133	$46,133
AMPHENOL CL A ORD	$27,572	$27,572
ANALOG DEVICES ORD	$34,843	$34,843
ANGLOGOLD ASHANTI ADR REP 1	$0	$0
ANGLOGOLD ORD	$16,502	$16,502
ANHEUSER BUSCH ADR REP 1 ORD	$26,537	$26,537
ANHUI CONCH CEMENT UNSPONSORED	$13,890	$13,890
ANSYS ORD	$9,783	$9,783
ANZ GROUP HLDGS ADR	$67,457	$67,457
AON CL A ORD	$25,860	$25,860
APA ORD	$2,886	$2,886
APOLLO GLOBAL MANAGEMENT ORD	$24,279	$24,279
APPLE ORD	$1,247,592	$1,247,592
APPLIED MATERIAL ORD	$44,235	$44,235
APTIV ORD	$4,778	$4,778
ARCH CAPITAL GROUP ORD	$11,451	$11,451
ARCHER DANIELS MIDLAND ORD	$7,932	$7,932
ARGENX ADR REP ORD	$28,290	$28,290
ARISTA NETWORKS ORD	$37,580	$37,580
ARTHUR J GALLAGHER ORD	$23,560	$23,560
ASAHI KAISEI ADR	$25,126	$25,126
ASE INDUSTRIAL HOLDIN ADR REP	$94,658	$94,658
ASHTEAD GROUP ADR	$33,985	$33,985
ASML HOLDING ADR REP ORD	$160,795	$160,795
ASSA ABLOY ADR	$40,654	$40,654
ASSURANT ORD	$3,625	$3,625
ASTELLAS PHARMA ADR REP 1 ORD	$27,531	$27,531
ASTRAZENECA ADR REP 0.5 ORD	$102,866	$102,866
AT&T ORD	$53,942	$53,942
ATLAS COPCO ADR REP CL A ORD	$53,107	$53,107
ATMOS ENERGY ORD	$7,103	$7,103
AUO ADR	$21,041	$21,041
AUTODESK ORD	$20,985	$20,985
AUTOMATIC DATA PROCESSING ORD	$39,226	$39,226
AUTOZONE ORD	$19,212	$19,212
AVALONBAY COMMUNITIES REIT ORD	$10,339	$10,339
AVERY DENNISON ORD	$4,865	$4,865
AXON ENTERPRISE ORD	$14,264	$14,264
BAE SYSTEMS ADR	$22,292	$22,292
BAIDU ADS REP 8 CL A ORD	$19,897	$19,897
BAKER HUGHES CL A ORD	$13,331	$13,331
BALL ORD	$5,348	$5,348
BANCO SANTANDER ADR REP 1 ORD	$59,189	$59,189
BANK OF AMERICA ORD	$96,778	$96,778
BANK OF CHINA ADR REP 25 CL H	$36,254	$36,254
BANK OF NEW YORK MELLON ORD	$18,362	$18,362
BARCLAYS ADR REP 4 ORD	$61,998	$61,998
BARRICK GOLD ORD	$18,910	$18,910
BASF SE ADR	$28,946	$28,946
BATH AND BODY WORKS ORD	$0	$0
BAXTER INTERNATIONAL ORD	$4,928	$4,928
BAYER AKTIENGESELLSCHAFT EACH	$9,345	$9,345
BECTON DICKINSON ORD	$21,553	$21,553
BEIERSDORF A G UNSPONSORED GER	$24,022	$24,022
BEIGENE ADS REP ORD	$15,516	$15,516
BERKSHIRE HATHAWAY CL B ORD	$273,781	$273,781
BEST BUY ORD	$5,491	$5,491
BHP GROUP ADR	$92,777	$92,777
BILIBILI ADS	$28,523	$28,523
BIO RAD LABORATORIES CL A ORD	$0	$0
BIO TECHNE ORD	$3,674	$3,674
BIOGEN ORD	$7,493	$7,493
BLACKROCK ORD	$50,230	$50,230
BLACKSTONE ORD	$41,036	$41,036
BNP PARIBAS ADR	$74,754	$74,754
BOEING ORD	$43,719	$43,719
BOOKING HOLDINGS ORD	$54,653	$54,653
BORGWARNER ORD	$2,321	$2,321
BOSTON PROPERTIES REIT ORD	$0	$0
BOSTON SCIENTIFIC ORD	$43,410	$43,410
BP ADR EACH REPSTNG SIX ORD	$46,557	$46,557
BRAINSWAY ADR REP 2 ORD	$22,302	$22,302
BRISTOL MYERS SQUIBB ORD	$37,839	$37,839
BROADCOM ORD	$357,729	$357,729
BROADRIDGE FINANCIAL SOLUTIONS	$8,818	$8,818
BROOKFIELD CL A ORD	$52,854	$52,854
BROWN & BROWN ORD	$8,060	$8,060
BROWN FORMAN CL B ORD	$2,279	$2,279
BUILDERS FIRSTSOURCE ORD	$5,574	$5,574
BUNGE ORD	$3,577	$3,577
BUNZL ADR	$40,690	$40,690
BXP ORD	$3,644	$3,644
BYD COMPANY ADR	$31,946	$31,946
CADENCE DESIGN SYSTEMS ORD	$27,041	$27,041
CAESARS ENTERTAINMENT ORD	$2,373	$2,373
CAMDEN PROPERTY REIT ORD	$4,061	$4,061
CAMPBELL SOUP ORD	$2,681	$2,681
CAN FITE BIOPHARMA ADR REP 30	$4,582	$4,582
CANADIAN IMPERIAL BANK COMMERC	$69,869	$69,869
CANADIAN NATIONAL RAILWAY ORD	$47,608	$47,608
CANADIAN PACIFIC RAILWAY ORD	$45,231	$45,231
CANON ADR REP ORD	$51,272	$51,272
CAPGEMINI SE UNSPONSORED ADR	$25,968	$25,968
CAPITAL ONE FINANCIAL ORD	$22,290	$22,290
CARDINAL HEALTH ORD	$9,462	$9,462
CARLSBERG AS SPONSORED REPRESE	$17,163	$17,163
CARMAX ORD	$4,170	$4,170
CARNIVAL ORD	$8,523	$8,523
CARRIER GLOBAL ORD	$18,703	$18,703
CATALENT ORD	$0	$0
CATERPILLAR ORD	$57,679	$57,679
CBOE GLOBAL MARKETS ORD	$6,644	$6,644
CBRE GROUP CL A ORD	$13,129	$13,129
CDW ORD	$7,658	$7,658
CELANESE ORD	$2,492	$2,492
CENCORA ORD	$13,031	$13,031
CENTENE ORD	$10,117	$10,117
CENTERPOINT ENERGY ORD	$6,758	$6,758
CENTRL JAPAN RAILWAY ADR	$24,450	$24,450
CF INDUSTRIES HOLDINGS ORD	$4,949	$4,949
CGI ORD	$40,448	$40,448
CH ROBINSON WORLDWIDE ORD	$4,029	$4,029
CHARLES SCHWAB ORD	$36,487	$36,487
CHARTER COMMUNICATIONS CL A	$10,969	$10,969
CHEVRON ORD	$79,807	$79,807
CHINA CONSTRUCTION BANK ADR	$44,908	$44,908
CHINA MERCHANTS BANK ADR	$60,353	$60,353
CHIPMOS TECHNOLOGIES ADR	$24,479	$24,479
CHIPOTLE MEXICAN GRILL ORD	$27,135	$27,135
CHRLS RIVER LABS ORD	$3,138	$3,138
CHUBB ORD	$34,261	$34,261
CHUGAI PHARMACEUTICAL ADR	$32,955	$32,955
CHUNGHWA TELECOM ADR REP 10	$81,889	$81,889
CHURCH AND DWIGHT ORD	$8,482	$8,482
CIGNA ORD	$25,405	$25,405
CINCINNATI FINANCIAL ORD	$7,472	$7,472
CINTAS ORD	$20,645	$20,645
CISCO SYSTEMS ORD	$77,789	$77,789
CITIGROUP ORD	$43,853	$43,853
CITIZENS FINANCIAL GROUP ORD	$6,345	$6,345
CLOROX ORD	$6,496	$6,496
CLP HOLDINGS ADR	$40,241	$40,241
CME GROUP CL A ORD	$27,635	$27,635
CMS ENERGY ORD	$6,465	$6,465
COCA-COLA ORD	$79,568	$79,568
COGNIZANT TECHNOLOGY SOLUTN CL	$12,612	$12,612
COLGATE PALMOLIVE ORD	$24,455	$24,455
COLLIERS INTRNTNL GP SUB VTG	$36,304	$36,304
COLOPLAST AS SPONSORED ADR	$17,865	$17,865
COMCAST CL A ORD	$47,213	$47,213
COMERICA ORD	$0	$0
COMMONWEALTH BANK OF AUSTRALIA	$127,228	$127,228
COMPAGNIE DE SAINT GOBAIN UNSP	$55,859	$55,859
COMPAGNIE FINANCIERE RICHEMONT	$64,894	$64,894
COMPANHIA PARANAENSE DE ENERGI	$4,834	$4,834
COMPASS GROUP ADR	$50,385	$50,385
CONAGRA BRANDS ORD	$4,412	$4,412
CONOCOPHILLIPS ORD	$42,346	$42,346
CONSOLIDATED EDISON ORD	$10,172	$10,172
CONSTELLATION BRANDS CL A ORD	$11,492	$11,492
CONSTELLATION ENERGY ORD	$23,266	$23,266
COOPER ORD	$5,975	$5,975
COPART ORD	$16,528	$16,528
CORNING ORD	$12,118	$12,118
CORPAY ORD	$7,787	$7,787
CORTEVA ORD	$12,930	$12,930
COSTAR GROUP ORD	$9,593	$9,593
COSTCO WHOLESALE ORD	$133,775	$133,775
COTERRA ENERGY ORD	$6,155	$6,155
CREDICORP ORD	$28,048	$28,048
CROWDSTRIKE HOLDINGS CL A ORD	$26,346	$26,346
CROWN CASTLE ORD	$12,979	$12,979
CSL ADR	$63,043	$63,043
CSX ORD	$20,556	$20,556
CUMMINS ORD	$15,687	$15,687
CVS HEALTH ORD	$18,674	$18,674
D MARKET ELECTRONIC SERVICES T	$9,060	$9,060
D R HORTON ORD	$13,423	$13,423
DAIICHI SANKYO ADR	$35,750	$35,750
DAIWA HOUSE INDUSTRY ADR REP	$43,747	$43,747
DANAHER ORD	$48,665	$48,665
DANONE SPONSORED FRANCE ADR	$28,989	$28,989
DARDEN RESTAURANTS ORD	$7,281	$7,281
DASSAULT SYSTEMES ADR	$19,114	$19,114
DAVITA ORD	$2,243	$2,243
DAYFORCE ORD	$3,850	$3,850
DBS GROUP HOLDINGS ADR	$97,823	$97,823
DECKERS OUTDOOR ORD	$10,154	$10,154
DEERE ORD	$35,591	$35,591
DELL TECHNOLOGIES CL C ORD	$11,754	$11,754
DELTA AIR LINES ORD	$12,705	$12,705
DENTSPLY SIRONA ORD	$0	$0
DEUTSCHE BOERSE ADR	$35,665	$35,665
DEUTSCHE POST ADR	$23,557	$23,557
DEUTSCHE TELEKOM ORD	$88,505	$88,505
DEVON ENERGY ORD	$7,004	$7,004
DEXCOM ORD	$10,032	$10,032
DIAGEO ADR REP 4 ORD	$45,640	$45,640
DIAMONDBACK ENERGY ORD	$10,157	$10,157
DIGITAL REALTY REIT ORD	$18,265	$18,265
DISCO ADR	$22,983	$22,983
DISCOVER FINANCIAL SERVICES	$14,378	$14,378
DOLLAR GENERAL ORD	$5,459	$5,459
DOLLAR TREE ORD	$5,021	$5,021
DOMINION ENERGY ORD	$14,919	$14,919
DOMINOS PIZZA ORD	$4,617	$4,617
DOVER ORD	$8,630	$8,630
DOW ORD	$9,270	$9,270
DR REDDYS LABORATORIES ADR REP	$85,266	$85,266
DSV A S UNSPONSORED ADR	$39,294	$39,294
DTE ENERGY ORD	$8,211	$8,211
DUKE ENERGY ORD	$27,366	$27,366
DUPONT DE NEMOURS ORD	$10,599	$10,599
E ON SE SPONSORED GERMANY ADR	$23,455	$23,455
EAST JAPAN RAILWAY ADR	$32,671	$32,671
EASTMAN CHEMICAL ORD	$3,470	$3,470
EATON ORD	$43,475	$43,475
EBAY ORD	$9,726	$9,726
ECOLAB ORD	$19,449	$19,449
ECOPETROL ADR REP 20 ORD	$14,692	$14,692
EDAP TMS ADR REP 1 ORD	$0	$0
EDISON INTERNATIONAL ORD	$10,140	$10,140
EDWARDS LIFESCIENCES ORD	$14,362	$14,362
EISAI ADR	$5,628	$5,628
ELECTRONIC ARTS ORD	$11,558	$11,558
ELEVANCE HEALTH ORD	$28,036	$28,036
ELI LILLY ORD	$200,720	$200,720
EMBRAER ADR REP FOUR ORD	$15,406	$15,406
EMERSON ELECTRIC ORD	$23,299	$23,299
ENBRIDGE ORD	$75,950	$75,950
ENEL CHILE ADR REP 50 ORD	$8,122	$8,122
ENEL SOCIETA PER AZIONI UNSPON	$28,816	$28,816
ENGIE SPONSORED ADR	$23,211	$23,211
ENI ADR	$48,564	$48,564
ENN ENERGY HOLDINGS ADR	$16,214	$16,214
ENPHASE ENERGY ORD	$3,091	$3,091
ENTERGY ORD	$10,766	$10,766
EOG RESOURCES ORD	$22,800	$22,800
EPAM SYSTEMS ORD	$4,443	$4,443
EQT ORD	$8,991	$8,991
EQUIFAX ORD	$10,449	$10,449
EQUINIX REIT ORD	$30,172	$30,172
EQUINOR ASA	$33,758	$33,758
EQUITY RESIDENTIAL REIT ORD	$8,109	$8,109
ERICSSON SPON ADR REP 1 CL B	$16,644	$16,644
ERIE INDEMNITY CL A ORD	$3,298	$3,298
ESSEX PROPERTY REIT ORD	$5,994	$5,994
ESSILORLUXOTTICA UNSPONSORED	$42,838	$42,838
ESTEE LAUDER CL A ORD	$5,773	$5,773
ETSY ORD	$0	$0
EVEREST RE GROUP ORD	$5,074	$5,074
EVERGY ORD	$4,678	$4,678
EVERSOURCE ENERGY ORD	$6,834	$6,834
EXELON ORD	$12,421	$12,421
EXPEDIA GROUP ORD	$7,453	$7,453
EXPEDITORS INTERNATIONAL OF WA	$5,095	$5,095
EXPERIAN ADR	$34,611	$34,611
EXTRA SPACE STORAGE REIT ORD	$10,472	$10,472
EXXON MOBIL ORD	$155,976	$155,976
F5 ORD	$4,778	$4,778
FACTSET RESEARCH SYSTEMS ORD	$5,763	$5,763
FAIR ISAAC ORD	$15,927	$15,927
FANUC ADR	$31,035	$31,035
FASTENAL ORD	$13,519	$13,519
FEDERAL REIT ORD	$2,799	$2,799
FEDEX ORD	$20,818	$20,818
FERGUSON ORD	$0	$0
FERRARI ORD	$53,530	$53,530
FIDELITY NATIONAL INFORMATN SV	$14,296	$14,296
FIFTH THIRD BANCORP ORD	$9,302	$9,302
FIRST SOLAR ORD	$6,168	$6,168
FIRSTENERGY ORD	$6,643	$6,643
FIRSTSERVICE SUB VTG ORD	$42,721	$42,721
FISERV ORD	$38,414	$38,414
FLEETCOR TECHNOLOGIES ORD	$0	$0
FLUTTER ENTMT ADR	$0	$0
FMC ORD	$2,042	$2,042
FOMENTO ECON ADR REPRESENTING	$38,043	$38,043
FORD MOTOR ORD	$12,791	$12,791
FORTESCUE METAL GROUP ADR	$10,819	$10,819
FORTINET ORD	$19,841	$19,841
FORTIS ORD	$60,900	$60,900
FORTIVE ORD	$8,550	$8,550
FOX CL A ORD	$3,595	$3,595
FOX CL B ORD	$1,921	$1,921
FRANCO NEVADA ORD	$16,933	$16,933
FRANKLIN RESOURCES ORD	$2,090	$2,090
FREEPORT MCMORAN ORD	$18,050	$18,050
FRESENIUS MEDICAL ADR REPTG 0.	$8,830	$8,830
FUTU HOLDINGS ADR	$7,999	$7,999
GAOTU TECHEDU 3 ADR REP TWO CL	$3,219	$3,219
GARMIN ORD	$10,519	$10,519
GARTNER ORD	$12,596	$12,596
GE AEROSPACE ORD	$59,544	$59,544
GE HEALTHCARE TECHNOLOGIES ORD	$11,727	$11,727
GE VERNOVA ORD	$29,933	$29,933
GEELY AUTOMOBILE HOLDING ADR	$21,637	$21,637
GEN DIGITAL ORD	$4,874	$4,874
GENERAC HOLDINGS ORD	$2,946	$2,946
GENERAL DYNAMICS ORD	$22,397	$22,397
GENERAL MILLS ORD	$11,734	$11,734
GENERAL MOTORS ORD	$19,230	$19,230
GENMAB ADR	$16,383	$16,383
GENUINE PARTS ORD	$5,371	$5,371
GILEAD SCIENCES ORD	$37,872	$37,872
GIVAUDAN ADR	$42,668	$42,668
GLENCORE ADR	$37,015	$37,015
GLOBAL PAYMENTS ORD	$9,413	$9,413
GLOBE LIFE ORD	$3,011	$3,011
GODADDY CL A ORD	$9,079	$9,079
GOLD FIELDS ADR REP 1 ORD	$14,982	$14,982
GOLDMAN SACHS GROUP ORD	$59,552	$59,552
GRUPO AEROPORTUA ADR REP 10 SR	$42,767	$42,767
GRUPO ARPRTUR DL ADR REP 8 SRS	$20,249	$20,249
GRUPO AVL ACIONS Y VL ADR REP	$4,608	$4,608
GSK ADR REP 2 ORD WI	$39,603	$39,603
HAIER SMART HOME ADR	$38,500	$38,500
HALEON ADR REP 2 ORD	$35,870	$35,870
HALLIBURTON ORD	$7,939	$7,939
HANG SENG BK ADR	$14,152	$14,152
HARTFORD FINANCIAL SERVICES GR	$10,502	$10,502
HASBRO ORD	$2,404	$2,404
HCA HEALTHCARE ORD	$18,009	$18,009
HDFC BANK ADR REP 3 ORD	$188,387	$188,387
HEADHUNTER GROUP ADR	$4,902	$4,902
HEALTHPEAK PROPERTIES ORD	$4,662	$4,662
HELLO GROUP ADR	$9,946	$9,946
HENGAN INTERNATIONAL GROUP COM	$19,186	$19,186
HENKEL AND ORD	$24,621	$24,621
HENRY SCHEIN ORD	$2,768	$2,768
HERSHEY FOODS ORD	$8,129	$8,129
HESS ORD	$12,104	$12,104
HEWLETT PACKARD ENTERPRISE ORD	$9,095	$9,095
HEXAGON ADR	$32,796	$32,796
HILTON WORLDWIDE HOLDINGS ORD	$19,773	$19,773
HIMAX TECHNOLOGIES ADR REP 2	$9,125	$9,125
HITACHI ADR	$139,725	$139,725
HOLOGIC ORD	$5,551	$5,551
HOME DEPOT ORD	$127,589	$127,589
HONDA MOTOR ADR REP 1 ORD	$45,823	$45,823
HONEYWELL INTERNATIONAL ORD	$48,566	$48,566
HONG KONG EXCHANGES CLEARING	$50,665	$50,665
HORMEL FOODS ORD	$2,949	$2,949
HOST HOTELS & RESORTS REIT ORD	$3,977	$3,977
HOWMET AEROSPACE ORD	$14,765	$14,765
HOYA ADR	$57,040	$57,040
HP ORD	$10,344	$10,344
HSBC HOLDINGS ADR REP 5 ORD	$113,758	$113,758
HUBBELL ORD	$7,540	$7,540
HUMANA ORD	$9,895	$9,895
HUNTINGTON BANCSHARES ORD	$7,826	$7,826
HUNTINGTON INGALLS INDUSTRIES	$2,457	$2,457
IBERDROLA ADR	$52,659	$52,659
ICICI BANK ADR REP 2 ORD	$189,163	$189,163
IDEX ORD	$5,232	$5,232
IDEXX LABORATORIES ORD	$11,163	$11,163
ILLINOIS TOOL ORD	$22,567	$22,567
ILLUMINA ORD	$0	$0
INCYTE ORD	$3,661	$3,661
INDUSTRIA DE DISENO TEXTIL IND	$52,678	$52,678
INDUSTRIAL COMMERCIAL BANK OF	$71,646	$71,646
INFINEON TECHNOL ADR REP 1 ORD	$35,511	$35,511
INFOSYS ADR REP ORD	$151,906	$151,906
ING GROEP ADR REP 1 ORD	$35,493	$35,493
INGERSOLL RAND ORD	$12,122	$12,122
INPEX ADR	$31,851	$31,851
INSULET ORD	$6,005	$6,005
INTEL ORD	$28,531	$28,531
INTERCONTINENTAL EXCHANGE ORD	$28,163	$28,163
INTERCONTINENTAL HOTEL ADR REP	$66,033	$66,033
INTERNATIONAL BUSINESS MACHINE	$67,048	$67,048
INTERNATIONAL FLAVORS & FRAGRA	$7,187	$7,187
INTERNATIONAL PAPER ORD	$6,135	$6,135
INTERPUBLIC GROUP OF COMPANIES	$3,502	$3,502
INTESA SANPAOLO S P A SPONSORE	$84,887	$84,887
INTUIT ORD	$58,450	$58,450
INTUITIVE SURGICAL ORD	$61,069	$61,069
INVESCO ORD	$2,622	$2,622
INVITATION HOMES ORD	$6,042	$6,042
IPERIONX ADR	$18,404	$18,404
IQVIA HOLDINGS ORD	$11,201	$11,201
IRON MOUNTAIN ORD	$10,196	$10,196
ITAU UNIBANCO HOLDING ADR REP	$31,273	$31,273
ITOCHU ADR REP 2 ORD	$88,211	$88,211
JABIL ORD	$5,468	$5,468
JACK HENRY AND ASSOCIATES ORD	$4,207	$4,207
JACOBS SOLUTIONS ORD	$5,612	$5,612
JARDINE MATHESON HOLDINGS ADR	$12,085	$12,085
JB HUNT TRANSPORT SERVICES ORD	$4,437	$4,437
JD.COM ADR REP 2 CL A ORD	$24,962	$24,962
JM SMUCKER ORD	$3,744	$3,744
JOHNSON & JOHNSON ORD	$114,973	$114,973
JOHNSON CONTROLS INTERNATIONAL	$17,365	$17,365
JPMORGAN CHASE ORD	$222,451	$222,451
JUNIPER NETWORKS ORD	$4,119	$4,119
KANZHUN ADR REP 2 ORD	$8,004	$8,004
KAO UNSPON ADR REP 1/5 ORD	$28,886	$28,886
KB FINANCIAL GROUP ADR REP ONE	$91,609	$91,609
KBC GROUP NV UNSPONSORED BELGI	$43,584	$43,584
KDDI ADR REP 0.5 ORD	$42,108	$42,108
KE HOLDINGS ADR REP 3 CL A ORD	$10,499	$10,499
KELLANOVA ORD	$7,125	$7,125
KENVUE ORD	$13,450	$13,450
KERING UNSPONSORED FRANCE ADR	$13,670	$13,670
KERRY GROUP ADR	$20,987	$20,987
KEURIG DR PEPPER ORD	$11,981	$11,981
KEYCORP ORD	$5,622	$5,622
KEYSIGHT TECHNOLOGIES ORD	$9,156	$9,156
KIMBERLY CLARK ORD	$14,283	$14,283
KIMCO REALTY REIT ORD	$5,272	$5,272
KINDER MORGAN CL P ORD	$17,509	$17,509
KINGFISHER ADR	$13,961	$13,961
KINGSOFT CLOUD HOLD ADR REP 15	$0	$0
KINROSS GOLD ORD	$20,950	$20,950
KKR AND CO ORD	$32,836	$32,836
KLA ORD	$27,725	$27,725
KONE OYJ UNSPONSORED REPRESENT	$18,133	$18,133
KONINKLIJKE AHOLD DELHAIZE N V	$30,309	$30,309
KONINKLIJKE PHILIPS ADR	$20,990	$20,990
KOREA ELECTRIC POWER ADR REP	$29,928	$29,928
KRAFT HEINZ ORD	$8,967	$8,967
KROGER ORD	$13,514	$13,514
KT ADR REP 1/2 ORD	$83,808	$83,808
KYOCERA SPON ADR	$23,236	$23,236
L AIR LIQUIDE ORD ADR	$58,308	$58,308
L OREAL ADR	$52,455	$52,455
L3HARRIS TECHNOLOGIES ORD	$13,248	$13,248
LABORATORY CORPRTN OF AMER HLD	$6,421	$6,421
LAM RESEARCH ORD	$31,420	$31,420
LAMB WESTON HOLDINGS ORD	$3,208	$3,208
LAS VEGAS SANDS ORD	$5,855	$5,855
LASERTEC ADR	$5,561	$5,561
LEIDOS HOLDINGS ORD	$6,339	$6,339
LENNAR CL A ORD	$10,773	$10,773
LENNOX INTERNATIONAL ORD	$6,093	$6,093
LENOVO GROUP ADR	$16,737	$16,737
LG DISPLAY ADR REP 1/2 ORD	$17,284	$17,284
LI AUTO ADR 2 ORD	$13,434	$13,434
LI NING COMPANY ADR	$4,870	$4,870
LINDE ORD	$65,731	$65,731
LIVE NATION ENTERTAINMENT ORD	$6,734	$6,734
LKQ ORD	$3,124	$3,124
LLOYDS BANKING GROUP ADR 4 ORD	$47,464	$47,464
LOCALIZA RENT A CAR ADR	$6,945	$6,945
LOCKHEED MARTIN ORD	$34,016	$34,016
LOEWS ORD	$5,081	$5,081
LOGITECH N ORD	$35,410	$35,410
LONDON STK EXCHANGE GROUP UNSP	$35,155	$35,155
LONZA GROUP ADR	$41,146	$41,146
LOWE'S COMPANIES ORD	$46,152	$46,152
LULULEMON ATHLETICA ORD	$14,149	$14,149
LVMH MOET HENNESSY LOUIS VUITT	$98,932	$98,932
LYONDELLBASELL INDUSTRIES CL A	$6,313	$6,313
M&T BANK ORD	$10,153	$10,153
MACQUARIE GROUP ADR	$93,953	$93,953
MAGNA INTERNATIONAL ORD	$25,074	$25,074
MANULIFE FINANCIAL ORD	$73,704	$73,704
MARATHON OIL ORD	$0	$0
MARATHON PETROLEUM ORD	$14,926	$14,926
MARKETAXESS HOLDINGS ORD	$2,712	$2,712
MARRIOTT INTERNATIONAL CL A	$21,199	$21,199
MARSH & MCLENNAN ORD	$34,410	$34,410
MARTIN MARIETTA MATERIALS ORD	$10,330	$10,330
MASCO ORD	$5,225	$5,225
MASTERCARD CL A ORD	$142,174	$142,174
MATCH GROUP ORD	$2,715	$2,715
MCCORMICK ORD	$6,404	$6,404
MCDONALD'S ORD	$68,414	$68,414
MCKESSON ORD	$23,936	$23,936
MEDTRONIC ORD	$33,789	$33,789
MEITUAN UNSPONSORED ADR	$53,364	$53,364
MELCO RESORTS ENTERTAINMENT	$6,079	$6,079
MERCEDES BENZ GROUP ADR	$42,911	$42,911
MERCK & CO. INC.	$83,066	$83,066
MERCK KGAA DARMSTADT GERMANY	$18,896	$18,896
META PLATFORMS CL A ORD	$420,982	$420,982
METLIFE ORD	$15,721	$15,721
METTLER TOLEDO ORD	$8,566	$8,566
MGM RESORTS INTERNATIONAL ORD	$2,668	$2,668
MICHELIN COMPAGNIE GENERALE DE	$54,038	$54,038
MICROCHIP TECHNOLOGY ORD	$10,208	$10,208
MICRON TECHNOLOGY ORD	$30,803	$30,803
MICROSOFT ORD	$1,033,096	$1,033,096
MID AMERICA APT COMMUNITI REIT	$6,028	$6,028
MITSUBISHI ESTATE ADR	$36,931	$36,931
MITSUBISHI UFJ FNCL GRP ADS RE	$108,669	$108,669
MITSUI & COMPANY ADR REP 20 OR	$69,965	$69,965
MMC NORILSK NICKEL SPON ADR RE	$3,141	$3,141
MOBILE TELESYT PBL JNT ADR REP	$1	$1
MODERNA ORD	$4,574	$4,574
MOHAWK INDUSTRIES ORD	$2,144	$2,144
MOLINA HEALTHCARE ORD	$5,530	$5,530
MOLSON COORS BEVERAGE COMPA CL	$3,439	$3,439
MONDELEZ INTERNATIONAL CL A OR	$26,281	$26,281
MONOLITHIC POWER SYSTEMS ORD	$9,467	$9,467
MONSTER BEVERAGE ORD	$12,194	$12,194
MOODYS ORD	$24,142	$24,142
MORGAN STANLEY ORD	$51,420	$51,420
MOSAIC ORD	$2,507	$2,507
MOTOROLA SOLUTIONS ORD	$25,423	$25,423
MOWI ASA SPONSORED ADR	$22,604	$22,604
MSCI ORD	$15,600	$15,600
MUENCHENER RE GROUP ADR	$82,164	$82,164
MURATA MANUFACTURING ADR	$33,254	$33,254
NASDAQ ORD	$10,514	$10,514
NASPERS SPON 5 ADR REP CL N OR	$56,566	$56,566
NATIONAL AUSTRALIA BANK ORD	$79,165	$79,165
NATIONAL GRID ADR REP 5 ORD	$29,710	$29,710
NEBIUS CL A ORD	$15,235	$15,235
NESTE OYJ UNSPONSORED ADR	$0	$0
NESTLE ADR	$104,985	$104,985
NETAPP ORD	$7,777	$7,777
NETEASE ADR	$27,655	$27,655
NETFLIX ORD	$125,676	$125,676
NEW ORIENTL EDUCTN GRP ADR REP	$12,836	$12,836
NEWMONT ORD	$14,032	$14,032
NEWS CL A ORD	$3,443	$3,443
NEWS CL B ORD	$1,126	$1,126
NEXTERA ENERGY ORD	$48,534	$48,534
NICE ADR REP 1 ORD	$13,587	$13,587
NIDEC ADR	$19,312	$19,312
NIKE CL B ORD	$29,738	$29,738
NINTENDO ADR	$59,105	$59,105
NIO ADS REP 1 CL A ORD	$20,427	$20,427
NIPPON TELEGRPH SPON ADR REP O	$25,217	$25,217
NISOURCE ORD	$5,735	$5,735
NIU TECHNOLOGIES ADR REP 2 ORD	$0	$0
NOKIA ADR REPSG 1 SER A ORD	$0	$0
NOMURA HOLDINGS ADR REPTG ONE	$31,961	$31,961
NORDEA BANK ABP SPONSORED FINL	$63,271	$63,271
NORDSON ORD	$3,766	$3,766
NORFOLK SOUTHERN ORD	$17,368	$17,368
NORTHERN TRUST ORD	$6,663	$6,663
NORTHROP GRUMMAN ORD	$21,118	$21,118
NORWEGIAN CRUISE LINE HOLDINGS	$3,808	$3,808
NOVARTIS ADR REPSG 1 ORD	$119,205	$119,205
NOVO NORDISK ADR REPSG 1 ORD	$164,556	$164,556
NOVOZYMES A S UNSPONSORED ADR	$19,506	$19,506
NRG ENERGY ORD	$6,135	$6,135
NUCOR ORD	$9,103	$9,103
NUTRIEN ORD	$27,074	$27,074
NVIDIA ORD	$1,086,809	$1,086,809
NVR ORD	$8,179	$8,179
NXP SEMICONDUCTORS ORD	$17,459	$17,459
O REILLY AUTOMOTIVE ORD	$22,530	$22,530
OCCIDENTAL PETROLEUM ORD	$11,018	$11,018
OLD DOMINION FREIGHT LINE ORD	$10,937	$10,937
OLYMPUS ADR	$0	$0
OMNICOM GROUP ORD	$5,593	$5,593
ON SEMICONDUCTOR ORD	$8,890	$8,890
ONEOK ORD	$19,277	$19,277
OPEN TEXT ORD	$19,541	$19,541
OPERA ADS	$8,050	$8,050
ORACLE ORD	$88,319	$88,319
ORCHARD THERAPEUTICS ADR	$0	$0
ORIX ADR REP 5 ORD	$62,145	$62,145
ORSTED A S UNSPONSORED ADR	$5,897	$5,897
OTIS WORLDWIDE ORD	$12,132	$12,132
PACCAR ORD	$17,995	$17,995
PACKAGING CORP OF AMERICA ORD	$6,529	$6,529
PALANTIR TECHNOLOGIES CL A ORD	$51,202	$51,202
PALO ALTO NETWORKS ORD	$39,303	$39,303
PANASONIC HOLDINGS ADR	$30,955	$30,955
PARAMOUNT GLOBAL CL B ORD	$2,082	$2,082
PARKER HANNIFIN ORD	$27,349	$27,349
PAYCHEX ORD	$14,863	$14,863
PAYCOM SOFTWARE ORD	$3,280	$3,280
PAYPAL HOLDINGS ORD	$28,251	$28,251
PDD HOLDINGS ADS	$33,462	$33,462
PEMBINA PIPELINE ORD	$46,927	$46,927
PENTAIR ORD	$5,535	$5,535
PEPSICO ORD	$68,883	$68,883
PERNOD RICARD S A SPONSORED AD	$22,143	$22,143
PFIZER ORD	$49,638	$49,638
PG&E ORD	$14,530	$14,530
PHILLIPS 66 ORD	$15,494	$15,494
PICC PROPERTY AND CASUALTY COM	$21,600	$21,600
PING AN INSURANCE GROUP COMPAN	$31,777	$31,777
PINNACLE WEST ORD	$3,136	$3,136
PIONEER NATURAL RESOURCE ORD	$0	$0
PLDT ADR REP ORD	$23,701	$23,701
PNC FINANCIAL SERVICES GROUP	$25,263	$25,263
POOL ORD	$4,091	$4,091
POSCO ADR REPSG 1/4 ORD	$55,934	$55,934
PPG INDUSTRIES ORD	$9,078	$9,078
PPL ORD	$7,855	$7,855
PRINCIPAL FINANCIAL GROUP ORD	$5,341	$5,341
PROCTER & GAMBLE ORD	$130,264	$130,264
PROGRESSIVE ORD	$46,245	$46,245
PROLOGIS REIT	$32,239	$32,239
PROSUS NV SPONSORED NETHERLAND	$47,846	$47,846
PRUDENTIAL ADR REPSTG 2 ORD	$13,549	$13,549
PRUDENTIAL FINANCIAL ORD	$13,987	$13,987
PT BANK CENTRAL ASIA TBK UNSPO	$41,340	$41,340
PT BANK MANDIRI PERSERO TBK UN	$49,299	$49,299
PT TLKMNK TBK ADR REP 100 SRS	$25,580	$25,580
PTC ORD	$7,355	$7,355
PUBLIC SERVICE ENTERPRISE GROU	$13,941	$13,941
PUBLIC STORAGE REIT ORD	$15,571	$15,571
PULTEGROUP ORD	$7,296	$7,296
QIFU TECHNOLOGY ADR	$9,403	$9,403
QORVO ORD	$0	$0
QUALCOMM ORD	$56,379	$56,379
QUANTA SERVICES ORD	$15,486	$15,486
QUEST DIAGNOSTICS ORD	$5,582	$5,582
RALPH LAUREN CL A ORD	$3,234	$3,234
RAYMOND JAMES ORD	$9,320	$9,320
REALTY INCOME REIT ORD	$15,382	$15,382
RECKITT BENCKISER ADR	$24,401	$24,401
RECRUIT HOLDING 5 UNSPON ADR R	$87,732	$87,732
REDHILL BIOPHARMA ADR REP TEN	$0	$0
REDHILL BIOPHARMA LTD.	$2,603	$2,603
REGENCY CENTERS REIT ORD	$3,992	$3,992
REGENERON PHARMACEUTICALS ORD	$24,932	$24,932
REGIONS FINANCIAL ORD	$7,056	$7,056
RELX ADR REP ORD	$68,584	$68,584
RENESAS ELECTRON ADR REPSTG 1/	$8,159	$8,159
RENTOKIL INITIAL ADR	$17,724	$17,724
REPUBLIC SERVICES ORD	$13,479	$13,479
RESMED ORD	$11,206	$11,206
RESTAURANT BRANDS INTRNATIONAL	$26,398	$26,398
REVVITY ORD	$4,464	$4,464
RIO TINTO ADR REP ONE ORD	$52,635	$52,635
ROBERT HALF INT ORD	$0	$0
ROCHE HOLDINGS ADR	$97,490	$97,490
ROCKWELL AUTOMAT ORD	$10,574	$10,574
ROLLINS ORD	$4,264	$4,264
ROLLS ROYCE HOLDINGS ADR	$69,862	$69,862
ROPER TECHNOLOGIES ORD	$18,152	$18,152
ROSS STORES ORD	$16,640	$16,640
ROYAL BANK OF CANADA ORD	$93,395	$93,395
ROYAL CARIBBEAN GROUP ORD	$18,917	$18,917
RTX ORD	$50,801	$50,801
RWE ADR REP 1 ORD	$19,149	$19,149
RYANAIR HOLDINGS ORD	$32,126	$32,126
S&P GLOBAL ORD	$52,293	$52,293
SAFRAN ADR	$48,233	$48,233
SALESFORCE ORD	$105,314	$105,314
SANDOZ GROUP ADR	$9,923	$9,923
SANDVIK A B SPONSORED SWEDEN	$22,465	$22,465
SANOFI ADR REP 1 1/2 ORD	$80,303	$80,303
SANTOS ADR	$26,334	$26,334
SAP ADR REP 1 ORD	$177,764	$177,764
SASOL ADR REP 1 ORD	$0	$0
SBA COMMUNICATIONS CL A REIT	$7,337	$7,337
SCHLUMBERGER ORD	$17,905	$17,905
SCHNEIDER ELECTRIC SE UNSPONSO	$90,841	$90,841
SEA ADS REP CL A ORD	$36,074	$36,074
SEAGATE TECHNOLOGY HOLDINGS	$5,955	$5,955
SEMPRA ORD	$18,246	$18,246
SENDAS DISTRIBUIDORA ADR REP 5	$2,794	$2,794
SERVICENOW ORD	$72,088	$72,088
SEVEN I HOLDINGS ADR REP 0.50	$48,624	$48,624
SHELL ADR EACH REP 2 ORD	$135,951	$135,951
SHERWIN WILLIAMS ORD	$25,835	$25,835
SHIN ETSU CHEMICAL ADR	$67,517	$67,517
SHINHAN FINANCIAL ADR REPSG 1	$57,704	$57,704
SHIONOGI 4 ADR REP ORD	$25,626	$25,626
SHISEIDO ADR	$8,673	$8,673
SHOPIFY CL A SUB VTG ORD	$72,836	$72,836
SIEMENS ADR	$84,595	$84,595
SIEMENS HEALTHINEERS ADR	$11,445	$11,445
SIFY TECHNOLOGIES ADR REP 1 OR	$0	$0
SIFY TECHNOLOGIES ADR REP 6 OR	$10,219	$10,219
SIKA ADR	$65,698	$65,698
SILICON MOTION TECHNO ADR REP	$14,594	$14,594
SIMON PROP GRP REIT ORD	$17,393	$17,393
SINGAPORE TELECOMMUNICATIONS A	$29,627	$29,627
SINOPEC SHANGH ADR REP 100 CL	$0	$0
SK TELECOM ADR REPRESENT 5 9TH	$41,554	$41,554
SKYWORKS SOLUTIONS ORD	$4,700	$4,700
SMC SPN ADR REP ORD	$31,880	$31,880
SMITH NEPHEW ADR REP 2 ORD	$12,290	$12,290
SMURFIT WESTROCK ORD	$8,779	$8,779
SNAP ON ORD	$5,771	$5,771
SOFTBANK ADR	$28,745	$28,745
SOFTBANK GROUP UNSPONSORED ADR	$44,671	$44,671
SOLVENTUM ORD	$3,105	$3,105
SONIC HEALTHCARE ADR	$33,860	$33,860
SONOVA HOLDING ADR	$31,870	$31,870
SONY GROUP ADR REP ORD	$92,046	$92,046
SOUTH BOW ORD	$4,313	$4,313
SOUTH32 ADR	$15,315	$15,315
SOUTHERN ORD	$29,635	$29,635
SOUTHWEST AIRLINES ORD	$6,690	$6,690
SSE ADR	$36,671	$36,671
STANLEY BLACK AND DECKER ORD	$4,095	$4,095
STARBUCKS ORD	$34,128	$34,128
STATE STREET ORD	$9,422	$9,422
STEEL DYNAMICS ORD	$5,361	$5,361
STERIS ORD	$6,783	$6,783
STMICROELECTRONICS ADR	$16,730	$16,730
STRYKER ORD	$40,686	$40,686
SUMITOMO ADR	$52,062	$52,062
SUMITOMO MIT ADR REP 1/5TH OF	$89,331	$89,331
SUN HUNG KAI PPTYS ADR	$33,190	$33,190
SUN LIFE FINANCIAL ORD	$50,142	$50,142
SUNTORY BVRGE UNSPON ADR REP	$41,384	$41,384
SUPER MICRO COMPUTER ORD	$5,182	$5,182
SWIRE PACIFIC ADR REP CL A ORD	$44,506	$44,506
SYMRISE ADR	$26,278	$26,278
SYNCHRONY FINANCIAL ORD	$8,385	$8,385
SYNOPSYS ORD	$24,753	$24,753
SYSCO ORD	$12,387	$12,387
T MOBILE US ORD	$35,538	$35,538
T ROWE PRICE GROUP ORD	$8,256	$8,256
TAIWAN SEMICONDUCTOR MNFTG ADR	$531,248	$531,248
TAKE TWO INTERACTIVE SOFTWARE	$9,756	$9,756
TAKEDA PHARMA ADR REP 0.5 ORD	$31,511	$31,511
TAPESTRY ORD	$5,030	$5,030
TARGA RESOURCES ORD	$12,852	$12,852
TARGET ORD	$20,547	$20,547
TC ENERGY ORD	$42,575	$42,575
TDK ORD	$47,952	$47,952
TE CONNECTIVITY ORD	$14,154	$14,154
TECHTRONIC INDUSTRIES COMPANY	$33,789	$33,789
TELEDYNE TECH ORD	$7,426	$7,426
TELEFLEX ORD	$2,670	$2,670
TELENOR ASA ADR	$23,951	$23,951
TEMENOS ADR	$6,999	$6,999
TENCENT HOLDINGS ADR	$174,165	$174,165
TERADYNE ORD	$6,800	$6,800
TESCO ADR	$29,933	$29,933
TESLA ORD	$371,937	$371,937
TEXAS INSTRUMENTS ORD	$56,441	$56,441
TEXAS PACIFIC LAND ORD	$6,636	$6,636
TEXTRON ORD	$4,742	$4,742
THE AES CORPORATION	$2,973	$2,973
THERMO FISHER SCIENTIFIC ORD	$65,549	$65,549
THK ADR REP 1/2 ORD	$22,099	$22,099
THOMSON REUTERS ORD	$48,595	$48,595
TJX ORD	$44,941	$44,941
TOKIO MARINE HOLDINGS ADR REP	$87,349	$87,349
TOKYO ELECTRON ADR REP 2 ORD	$70,206	$70,206
TORONTO DOMINION ORD	$62,291	$62,291
TOTALENERGIES SE	$94,830	$94,830
TOYOTA MOTOR ADR REP 10 ORD	$120,658	$120,658
TRACTOR SUPPLY ORD	$9,392	$9,392
TRANE TECHNOLOGIES ORD	$27,332	$27,332
TRANSDIGM GROUP ORD	$24,078	$24,078
TRAVELERS COMPANIES ORD	$18,067	$18,067
TRIMBLE ORD	$5,723	$5,723
TRIP COM GROUP ADR REP ORD	$63,854	$63,854
TRUIST FINANCIAL ORD	$19,044	$19,044
TURKCELL ILETISIM ADR REP 2.5	$47,751	$47,751
TYLER TECHNOLOGIES ORD	$8,073	$8,073
TYSON FOODS CL A ORD	$5,399	$5,399
UBER TECHNOLOGIES ORD	$42,345	$42,345
UDR REIT ORD	$4,341	$4,341
ULTA BEAUTY ORD	$6,959	$6,959
ULTRAPAR ADR REP 1 ORD	$11,546	$11,546
UNILEVER ADR REP 1 ORD	$119,070	$119,070
UNION PACIFIC ORD	$45,380	$45,380
UNITED AIRLINES HOLDINGS ORD	$10,586	$10,586
UNITED MICR ELCTRNS ADR REP 5	$25,506	$25,506
UNITED OVERSEAS BK SINGAPORE	$70,409	$70,409
UNITED PARCEL SERVICE CL B ORD	$30,390	$30,390
UNITED RENTAL ORD	$15,498	$15,498
UNITEDHEALTH GRP ORD	$153,276	$153,276
UNIVERSAL HEALTH SERVICES CL B	$3,409	$3,409
US BANCORP ORD	$24,585	$24,585
UTSTARCOM HOLDINGS ORD	$5,863	$5,863
VALE ADR REPTG ONE ORD	$27,363	$27,363
VALERO ENERGY ORD	$12,871	$12,871
VENTAS REIT ORD	$8,067	$8,067
VEOLIA ENVIRONNEMENT SPONSORED	$24,236	$24,236
VERALTO ORD	$8,352	$8,352
VERISIGN ORD	$5,588	$5,588
VERISK ANALYTICS ORD	$12,945	$12,945
VERIZON COMMUNICATIONS ORD	$55,506	$55,506
VERTEX PHARMACEUTICALS ORD	$34,229	$34,229
VESTAS WIND SYSTEMS AS ADR	$12,390	$12,390
VF ORD	$0	$0
VIATRIS ORD	$4,943	$4,943
VICI PPTYS ORD	$10,194	$10,194
VINCI ADR	$68,661	$68,661
VIPSHOP HOLDGS SPON ADS REP	$10,372	$10,372
VISA CL A ORD	$180,143	$180,143
VISTA ENERGY SPON SRS A ADR	$25,432	$25,432
VISTRA ORD	$15,441	$15,441
VIVENDI SE UNSPONSORED ADR	$8,195	$8,195
VOLKSWAGEN A G UNSPONSORED ADR	$0	$0
VOLKSWAGEN A G UNSPONSORED REP	$5,307	$5,307
VOLVO ADR	$82,472	$82,472
VULCAN MATERIALS ORD	$11,318	$11,318
WABTEC ORD	$10,617	$10,617
WAL MART DE MEXICO S A B DE C	$40,128	$40,128
WALGREEN BOOTS ALLIANCE ORD	$2,286	$2,286
WALMART ORD	$129,472	$129,472
WALT DISNEY ORD	$66,587	$66,587
WARNER BROS. DISCOVERY SRS A O	$7,843	$7,843
WASTE MANAGEMENT ORD	$24,215	$24,215
WATER DRP ADR RP 10 CL A ORD	$4,791	$4,791
WATERS ORD	$7,049	$7,049
WEC ENERGY GROUP ORD	$9,874	$9,874
WELLS FARGO ORD	$77,264	$77,264
WELLTOWER ORD	$24,576	$24,576
WEST PHARM SVC ORD	$7,861	$7,861
WESTERN DIGITAL ORD	$6,857	$6,857
WESTROCK ORD	$0	$0
WEYERHAEUSER REIT	$6,700	$6,700
WH GROUP ADR	$22,854	$22,854
WHEATON PRECIOUS METALS ORD	$21,934	$21,934
WHIRLPOOL ORD	$0	$0
WILLIAMS ORD	$21,702	$21,702
WILLIS TOWERS WATSON ORD	$10,337	$10,337
WIPRO ADR REP 1 ORD	$159,406	$159,406
WIX.COM ORD	$33,255	$33,255
WNS HOLDINGS ADR REP 1 ORD	$0	$0
WOLTERS KLUWER N V ORD ADR	$47,873	$47,873
WOODSIDE ENERGY GROUP ADR	$29,999	$29,999
WOORI FINANCIAL GRP ADR REP 3	$36,094	$36,094
WORKDAY CL A ORD	$18,062	$18,062
WPP ADR REP 5 ORD	$23,387	$23,387
WR BERKLEY ORD	$5,793	$5,793
WUXI BIOLOGICS CAYMAN ADR	$10,338	$10,338
WW GRAINGER ORD	$15,811	$15,811
WYNN RESORTS ORD	$2,585	$2,585
XCEL ENERGY ORD	$12,761	$12,761
XCHANGE TEC ADR	$173	$173
XPENG ADR REP 2 ORD	$24,645	$24,645
XYLEM ORD	$9,282	$9,282
YALLA GROUP ADR REP CL A ORD	$10,556	$10,556
YANDEX CL A ORD	$0	$0
YUM BRANDS ORD	$12,343	$12,343
YUM CHINA ORD	$24,567	$24,567
ZEBRA TECHNOLOGIES CL A ORD	$6,566	$6,566
ZIMMER BIOMET HOLDINGS ORD	$6,972	$6,972
ZIONS BANCORPORATION ORD	$0	$0
ZOETIS CL A ORD	$24,277	$24,277
ZURICH INSURANCE GROUP ADR	$82,241	$82,241

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$11,289,004	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$11,289,004	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$57,500	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$57,500	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (81 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
AEA MEZZANINE FUND IV LP	FMV	$1,479,017	$1,479,017
AMXCA 2022-2 A	FMV	$99,585	$99,585
ARGOSY REAL ESTATE PARTNERS IV	FMV	$2,515,505	$2,515,505
ARGOSY REAL ESTATE PARTNERS V	FMV	$3,779,903	$3,779,903
ARI FDS:FLT RT INC I	FMV	$1,805,294	$1,805,294
CMPNH PARA ADR REP UNT	FMV	$22,000	$22,000
COMET 2022-3 A	FMV	$261,516	$261,516
CRVNA 2021-N1 A	FMV	$8,703	$8,703
EMERALD FINANCIAL SERVICES I	FMV	$2,456,275	$2,456,275
EXTERNAL-COMMINGLED FD-PENDING	FMV	$459,923	$459,923
FEDERAL HOME LOAN MORTGAGE COR	FMV	$0	$0
FEDERAL NATIONAL MORTGAGE ASSC	FMV	$0	$0
FH A95160	FMV	$188,366	$188,366
FH C91361	FMV	$165,468	$165,468
FH G15290	FMV	$74,248	$74,248
FH G16189	FMV	$88,330	$88,330
FH G61646	FMV	$81,603	$81,603
FH J22899	FMV	$57,933	$57,933
FH QB2634	FMV	$126,938	$126,938
FH QB9065	FMV	$83,132	$83,132
FH QC1946	FMV	$62,993	$62,993
FH QC3428	FMV	$108,972	$108,972
FH QC8887	FMV	$53,689	$53,689
FH QC8888	FMV	$53,084	$53,084
FH QE3626	FMV	$19,571	$19,571
FH QE5462	FMV	$412,120	$412,120
FH QF5342	FMV	$503,938	$503,938
FH QG6305	FMV	$402,866	$402,866
FH QN4824	FMV	$69,633	$69,633
FH RA2471	FMV	$58,434	$58,434
FH SB0366	FMV	$78,860	$78,860
FH SD8084	FMV	$106,095	$106,095
FH SD8106	FMV	$123,877	$123,877
FH SD8160	FMV	$157,336	$157,336
FH SD8215	FMV	$56,050	$56,050
FH SD8238	FMV	$1,814,942	$1,814,942
FH SD8264	FMV	$661,218	$661,218
FH SD8276	FMV	$138,789	$138,789
FH ZA6548	FMV	$7,071	$7,071
FH ZT1864	FMV	$85,343	$85,343
FN AL4432	FMV	$17,538	$17,538
FN BQ2999	FMV	$128,040	$128,040
FN BQ9287	FMV	$103,557	$103,557
FN BR3583	FMV	$133,744	$133,744
FN BR9611	FMV	$92,443	$92,443
FN BV0272	FMV	$52,961	$52,961
FN BV9924	FMV	$599,394	$599,394
FN BW7328	FMV	$120,388	$120,388
FN CA3507	FMV	$104,097	$104,097
FN CA6291	FMV	$162,570	$162,570
FN FM4317	FMV	$70,134	$70,134
FN FM6042	FMV	$107,230	$107,230
FN FM6101	FMV	$67,820	$67,820
FN MA0977	FMV	$64,674	$64,674
FN MA2077	FMV	$133,616	$133,616
FN MA3332	FMV	$65,270	$65,270
FN MA3592	FMV	$3,125	$3,125
FN MA3638	FMV	$17,446	$17,446
FN MA3664	FMV	$9,312	$9,312
FN MA3685	FMV	$2,785	$2,785
FN MA4867	FMV	$97,972	$97,972
FN MA4962	FMV	$1,319,414	$1,319,414
FNA 2023-M5 2A2	FMV	$397,470	$397,470
FORDO 2021-A A3	FMV	$0	$0
G2 005228	FMV	$40,961	$40,961
G2 MA0443	FMV	$76,074	$76,074
HAROT 2021-1 A3	FMV	$0	$0
ISHARES:CORE S&P 500	FMV	$31,200	$31,200
ISHARES:CORE S&P SM-CP	FMV	$5,925,304	$5,925,304
ISHARES:ESG ADV USD BD	FMV	$8,053,061	$8,053,061
MAINSTAY:MK HY CB R6	FMV	$1,680,507	$1,680,507
MBART 2023-1 A4	FMV	$296,689	$296,689
PETROLEO BRASILEIRO ADR REPSTG	FMV	$46,235	$46,235
SPDR S&P 500 ETF	FMV	$14,248,191	$14,248,191
SPRNTS 1A2	FMV	$34,525	$34,525
VANGUARD DEV MKT ETF	FMV	$3,186,390	$3,186,390
VANGUARD EM ST I ETF	FMV	$1,129,494	$1,129,494
VANGUARD TSM IDX ETF	FMV	$3,137,193	$3,137,193
VZMT 2021-1 B	FMV	$0	$0
VZMT 2021-2 C	FMV	$0	$0
VZMT 2022-4 A	FMV	$81,655	$81,655

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$8,952	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$8,952	DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
DONATED AND SUPPORTED SERVICES	$3,745,188
FEDERAL/DEFERRED EXCISE TAX ASSET CHANGE	$86,972

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
LICENSE AND FEES	$31,170	$0	$0	$31,170
GOLF OUTING EXPENSE	$38,235	$0	$0	$38,235
POSTAGE	$1,578	$0	$0	$1,578
EMPLOYEE SERVICE & ACTIVITIES	$8,250	$0	$0	$8,250
MISCELLANEOUS	$3,163	$0	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
GOLF OUTING INCOME	$88,649	$0	$0
ALTERNATIVE INVESTMENTS	$381,927	-$279,770	$0

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDesc	AmtAmt
UNREALIZED GAINS ON INVESTMENT	$6,256,964
DONATED AND SUPPORTED SERVICES	$3,745,188

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
DEFERRED FEDERAL EXCISE TAX	$88,153	$175,125
FEDERAL EXCISE TAX	$64,332	$0
PAYABLE FOR SECURITIES	$0	$2,370

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK/INVESTMENT EXPENSE	$349,165	$349,165	$0	$0
RESEARCH & PROGRAM EVALUATION	$1,342,751	$0	$0	$1,342,751
CONSULTING EXPENSE	$29,500	$0	$0	$29,500

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	EXCISE TAX EXPENSE	CategoryTxt
Amt	$73,407	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt