ALICE ROSENWALD FUND: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: ALICE ROSENWALD FUND (EIN 13-3174406)
Tax period: 2021-05-01 to 2022-04-30
Filed: 2023-02-25
IRS object ID: 202340569349100504
Schema version: 2021v4.2
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
Accounting Fees Schedule
All Oth Prog Rltd Investments Sch
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-02-25T10:15:56-06:00	ReturnTs
Tax Period End	2022-04-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	EISNER ADVISORY GROUP LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	733 THIRD AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	100172703	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2021-05-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	133174406	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ALICE ROSENWALD FUND	BusinessNameLine1Txt
Business Name Line2	c/o EISNER ADVISORY GROUP LLC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
In Care Of	% EISNER ADVISORY GROUP LLC	InCareOfNm
Business Name Control	ALIC	BusinessNameControlTxt
Phone	2128914054	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	733 third ave	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10017	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ALICE ROSENWALD	PersonNm
Person Title	president	PersonTitleTxt
Phone	2128914054	PhoneNum
Signature	2023-02-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	ALICE	PersonFirstNm
Person Last	ROSENWALD	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MARIE ARRIGO	PreparerPersonNm
PTIN	P00058583	PTIN
Phone	2129498700	PhoneNum
Preparation	2023-02-15	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$26,874,768	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	$0	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$462,160	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$438,494	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$817,272	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$18,504,869	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$817,272	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	-$193,771	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	-$156,836	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$1,085,661	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,098,930	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss	$87,120	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$43,560	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$43,560	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$167,923	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$167,923	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$10,000	TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss	$41,942	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$38,193	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$3,397	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$306,985	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$249,676	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$46,957	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,186,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,186,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,492,985	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$249,676	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$1,232,957	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$407,324	ExcessRevenueOverExpensesAmt
Net Investment Income	$849,254	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$22,541	CashBOYAmt
Cash EOY	$20,544	CashEOYAmt
Cash EOYFMV	$20,544	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$757,135	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$525,647	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$525,647	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$2,767,914	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$5,483,311	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$5,486,908	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$4,133,912	CorporateStockBOYAmt
Corporate Stock EOY	$3,798,399	CorporateStockEOYAmt
Corporate Stock EOYFMV	$9,756,716	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$494,067	CorporateBondsBOYAmt
Corporate Bonds EOY	$97,615	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$95,666	CorporateBondsEOYFMVAmt
Other Investments BOY	$9,496,904	OtherInvestmentsBOYAmt
Other Investments EOY	$7,339,633	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$10,989,287	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$17,672,473	TotalAssetsBOYAmt
Total Assets EOY	$17,265,149	TotalAssetsEOYAmt
Total Assets EOYFMV	$26,874,768	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$17,623,064	CapitalStockBOYAmt
Capital Stock EOY	$17,215,740	CapitalStockEOYAmt
Additional Paid In Capital BOY	$49,409	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$49,409	AdditionalPaidInCapitalEOYAmt
Tot Net Ast Or Fund Balances BOY	$17,672,473	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$17,265,149	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$17,672,473	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$17,265,149	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$17,672,473	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$407,324	ExcessRevenueOverExpensesAmt
Subtotal	$17,265,149	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$17,265,149	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
LOSS ON PUBLICLY TRADED SECURITIES	P	2021-05-01	2022-04-30	$2,037,620	$2,052,432	-$14,812	-$14,812
GAIN ON PUBLICLY TRADED SECURITIES	P	2020-05-01	2022-04-30	$16,467,249	$16,001,175	$466,074	$466,074
LONG TERM THRU PARTNERSHIPS	P	2020-05-01	2022-04-30			$26,049
SHORT TERM THRU PARTNERSHIPS	P	2021-05-01	2022-04-30			$963
SEC 1231 THRU PARTNERSHIPS	P	2020-05-01	2022-04-30			$219,294
CAP GAIN DISTRIBUTION						$119,704

Field	Value	IRS element (for citing)
Capital Gain Net Income	$817,272	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$11,805	InvestmentIncomeExciseTaxAmt
Subtotal	$11,805	SubtotalAmt
Tax Based On Investment Income	$11,805	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$7,510	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$15,000	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$22,510	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$10,705	OverpaymentAmt
Applied To ES Tax	$10,705	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
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Org Report Or Register State	NY	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	n/a	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	EISNER ADVISORY GROUP LLC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2128914054	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	C/O J ZBAR 733 THIRD AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10017	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	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
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
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
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 (4 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
ALICE ROSENWALD
c/o EISNER ADVISORY GROUP LLC	733 THIRD AVENUE	NEW YORK	NY	10017	PRESIDENT & DIRECTOR	1.0	$0	$0	$0
DAVID BUSS
c/o EISNER ADVISORY GROUP LLC	733 THIRD AVENUE	NEW YORK	NY	10017	VICE PRESIDENT & DIRECTOR	0.25	$0	$0	$0
JAMES LEDLEY
c/o EISNER ADVISORY GROUP LLC	733 THIRD AVENUE	NEW YORK	NY	10017	SECRETARY & DIRECTOR	0.25	$0	$0	$0
JOEL ZBAR
c/o EISNER ADVISORY GROUP LLC	733 THIRD AVENUE	NEW YORK	NY	10017	TREASURER	0.25	$0	$0	$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
EISNER ADVISORY GROUP LLC
733 THIRD AVENUE	NEW YORK	NY	10017	TAX&ACCOUNTING SVCS	$87,120
CIRCLE WEALTH MANAGEMENT LLC
47 MAPLE ST STE 201	SUMMIT	NJ	079012571	INVEST CUSTODY SVCS	$167,867

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	$27,909,834	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$352,472	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$1,373,312	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$29,635,618	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$29,635,618	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$444,534	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$29,191,084	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,459,554	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,459,554	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$11,805	TaxBasedOnInvestmentIncomeAmt
Total Tax	$11,805	TotalTaxAmt
Distributable Before Adj	$1,447,749	DistributableBeforeAdjAmt
Distributable Before Ded	$1,447,749	DistributableBeforeDedAmt
Distributable As Adjusted	$1,447,749	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,232,957	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	$1,232,957	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,447,749	DistributableAsAdjustedAmt
Undistributed Income PY	$1,216,699	UndistributedIncomePYAmt
Prior Year1	2019	PriorYear1Yr
Prior Year2	2018	PriorYear2Yr
Prior Year3	2017	PriorYear3Yr
Excess Distribution Cyov Yr1	$0	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,232,957	QualifyingDistributionsAmt
Applied To Year1	$1,216,699	AppliedToYear1Amt
Applied To Current Year	$16,258	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
Undistributed Income CY	$1,431,491	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$0	ExcessFromCurrentYearAmt

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

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	ALICE ROSENWALD	ContributingManagerNm
Shareholder Manager	NONE	ShareholderManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
JCC Rockland
450 WEST NYACK ROAD	WEST NYACK	NY	10994	NONE	PC	GENERAL SUPPORT	$6,000
Lehigh University
Office of Development 306 S New St	bethlehem	PA	18015	NONE	PC	GENERAL SUPPORT	$50,000
New York Academy of Dentistry
Endowment Fund 426 Hudson Street	hackensack	NJ	07601	NONE	PC	GENERAL SUPPORT	$5,000
HOSPITAL FOR SPECIAL SURGERY
MICAH BANNER DEV DEPT 535 E 70TH	NEW YORK	NY	10021	NONE	PC	GENERAL SUPPORT	$5,000
OLA of Eastern Long Island
Attention Sandra Dunn PO Box 278	sagaponack	NY	11962	NONE	PC	GENERAL SUPPORT	$10,000
The Clamshell Foundation
PO BOX 2725	EAST HAMPTON	NY	11937	NONE	PC	GENERAL SUPPORT	$10,000
The American College of Dentists
Attention Paul Dobson 103 North Ad	rockville	MD	20850	NONE	PC	GENERAL SUPPORT	$10,000
Mclean Hospital
DEVELOPMENT OFFICE 115 MILL STREET	BELMONT	MA	02478	NONE	PC	GENERAL SUPPORT	$75,000
Brigham and Women's Hospital
75 FRANCIS ST	BOSTON	MA	02115	NONE	PC	GENERAL SUPPORT	$15,000
Step by Step Supported Living Inc
1470 BEACON STR SUITE B	BROOKLINE	MA	02446	NONE	PC	GENERAL SUPPORT	$1,000,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,186,000	TotalGrantOrContriPdDurYrAmt

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	$462,160	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	$817,272	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

Field	Value	IRS element (for citing)
Desc	THRU PARTNERSHIPS	Desc
Business	523000	BusinessCd
Unrelated Business Taxbl Incm	-$36,935	UnrelatedBusinessTaxblIncmAmt
Exclusion	01	ExclusionCd
Exclusion	-$156,836	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	-$36,935	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,122,596	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,085,661	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	TAX & ACCOUNTING FEES	CategoryTxt
Amt	$87,120	Amt
Net Investment Income	$43,560	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$43,560	DisbursementsCharitablePrpsAmt

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Desc	NONE	Desc

Depreciation Schedule DepreciationSchedule

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
CAPITAL ONE FINL VAR	$0	$0
JPMORGAN CHASE & VAR	$0	$0
JPMORGAN CHASE & VAR	$97,615	$95,666
CITIZENS FINL GRO VAR 99	$0	$0

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (25 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
APPLE INC	$82,494	$227,016
BANK OF AMERICA 6% PFD	$54,710	$50,040
CITIZENS FINL 6.35% PFD	$448,124	$450,325
CROWDSTRIKE HLDGS INC	$44,265	$218,636
FIRST HORIZON 6.625% PFD	$44,999	$46,832
FIRST HORIZON 6.5% PFD	$106,494	$109,662
GMAC CAPITAL 7.4766%	$0	$0
GOLDMAN SACHS GROUP	$403,909	$514,230
GOLDMAN SACHS 5.5 PFD	$74,931	$75,297
JPMORGAN CHASE & CO	$393,500	$415,111
M&T BANK COR 5.625% PFD	$142,295	$137,311
MICROSOFT CORP	$355,853	$675,761
PEOPLE'S UNI 5.625% PFD	$0	$0
PNC FINL SERVICES	$388,668	$441,227
PNC FINL SVC 6.125% PFD	$216,164	$206,530
STERLING BANCO	$0	$0
SYNOVUS FINL	$398,817	$391,221
THE GOLDMAN SA 5.5% PFD	$0	$0
U.S. BANCORP 6.5% PFD	$0	$0
VALLEY NTNL BA 5.5% PFD	$201,441	$200,324
WEBSTER FINL C 6.5% PFD	$39,715	$38,475
WELLS FARGO & CO	$210,535	$325,044
WESBANCO, INC 6.75% PFD	$82,035	$81,030
AMETEK INC	$89,729	$4,914,192
CHEVRON CORP	$19,721	$238,452

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$5,483,311	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$5,486,908	USGovtObligationsEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (31 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
2800 SAP IV INVESTORS LLC	AT COST	$79,391	$33,155
2800 SAP V ASSOCIATES LLC	AT COST	$4,656	$0
2800 SAP V INVESTORS LLC	AT COST	$111,299	$146,098
AMERICAN SAP IV ASSOCIATES LLC	AT COST	$38,321	$0
2400 RHO PARTNERS LLC (1999)	AT COST	$9,362	$0
2800 ASA IV LLC	AT COST	$460	$0
2800 ASCP CHINA ASSOCIATES LLC	AT COST	$1,222	$0
2800 ASCP CHINA INVESTORS LLC	AT COST	$21,885	$20,183
2800 ICV II ASSOCIATES LLC	AT COST	$16,301	$720
2800 ICV II INVESTORS LLC	AT COST	$8,858	$4,461
2800 JR INVESTORS LLC	AT COST	$9,207	$0
2800 LBO IV INVESTORS LLC	AT COST	$6,097	$0
2800 LBO V ASSOCIATES LLC	AT COST	$29,180	$1,179
2800 LBO V INVESTORS LLC	AT COST	$19,844	$3,171
AMERICAN MCAP II LLC	AT COST	$0	$192,362
AMERICAN MCAP III LLC	AT COST	$64,613	$416,796
AMERICAN SECURITIES OPP FUNDII	AT COST	$51,369	$33,371
BIOVENTURES INVESTORS IV LP	AT COST	$184,604	$186,284
ACCOLATE PARTNERS VIII LP	AT COST	$166,709	$194,450
SCHWAB US BROAD MARKET	AT COST	$806,548	$1,876,902
SPDR S&P 500 ETF IV	AT COST	$1,724,237	$3,093,345
SPDR S&P 500 ETF IV	AT COST	$1,117,438	$1,676,523
BROWN ADVISORY SUSTAINAB	AT COST	$685,000	$770,573
GOLDMAN SACHS GQG PTNRS	AT COST	$651,322	$771,659
ARTISAN SMALL CAP ADVISO	AT COST	$0	$0
BROWN ADVISORY SUSTAINAB	AT COST	$500,000	$562,462
GOLDMAN SACHS GQG PTNRS	AT COST	$500,927	$541,348
GMAC CAPITAL 7.4766%PFD	AT COST	$0	$0
SIGNATURE BANK 5% PFD	AT COST	$312,522	$239,125
ZIONS BANCORP, 6.95%PFD	AT COST	$218,261	$225,120
VANGUARD SHORT-TERM INVE	AT COST	$0	$0

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt	Net Investment IncomeNetInvestmentIncomeAmt
FILING FEES	$750	$750
THRU PARTNERSHIPS	$38,545		$38,193
INSURANCE	$2,647	$2,647

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
THRU PARTNERSHIPS(NON-UBTI)	-$160,774	-$160,774
THRU PARTNERSHIPS(SUBJECT TO UBTI)	-$36,935
THRU PARTNERSHIPS(NON-UBTI)- MISC INCOME	$3,938	$3,938

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	CUSTODY FEES	CategoryTxt
Amt	$167,923	Amt
Net Investment Income	$167,923	NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FEDERAL EXCISE TAX	CategoryTxt
Amt	$10,000	Amt