2024-11-15T10:01:31-06:00 2023-12-31 010494526 Baker Newman & Noyes PO Box 507 Portland ME 04112 990PF 2023-01-01 222285358 The Garfield Foundation C/O Baldwin Brothers GARF 5087480800 204 Spring Street Marion MA 02738 Hwei Sen Tan Treasurer 5087480800 2024-11-14 1 0 Connor Smart P02285543 2078792100 2024-11-14 2023 2024-10-15 13:58:12Z X 28086540 X X 369336 741423 217614 154709 2680026 15142739 2419256 -12673 21738 3254303 3337126 551171 413378 137793 44340 33255 11085 111531 83648 27883 61950 46463 15487 43800 32850 10950 189668 163865 25803 90732 732 0 74923 0 74923 54894 0 54894 189 0 189 33361 0 151238 1256559 774191 510245 342010 342010 1598569 774191 852255 1655734 2562935 58174 86096 86096 458529 2836286 2836286 15009 3976 17779393 1600705 1600705 5325520 14714790 14714790 2345797 3462907 3462907 854486 5295000 5295000 1410 90756 90756 26842294 28086540 28086540 197795 75942 33406 31190 231201 107132 X 0 0 0 0 26611093 27979408 26611093 27979408 26842294 28086540 26611093 1655734 93519 28360346 380938 27979408 Publicly Traded Securities 15142517 12723483 2419034 2419034 Capital Gains Dividends 222 222 222 2419256 35625 0 35625 0 35625 112971 0 0 0 112971 0 77346 77346 0 0 0 0 0 0 0 0 0 0 0 1 1 CA MA NJ 1 0 0 0 0 1 www.garfieldfoundation.org Baldwin Brothers 5087480800 204 Spring Street Marion MA 02738 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Dianne Martinez C/O Baldwin Brothers 204 Spring Street Marion MA 02738 Trustee (end 1/23); Secretary 40.00 286950 35145 0 Hwei Sen Tan C/O Baldwin Brothers 204 Spring Street Marion MA 02738 Treasurer 20.00 91500 24791 0 David Grossblat C/O Baldwin Brothers 204 Spring Street Marion MA 02738 Trustee 20.00 75000 17785 0 Jeremiah Marquez C/O Baldwin Brothers 204 Spring Street Marion MA 02738 Trustee/President 1.00 10000 0 0 Bina Garfield C/O Baldwin Brothers 204 Spring Street Marion MA 02738 Trustee/Vice President 1.00 10000 0 0 NONE 0 Baldwin Brothers 204 Spring Street Marion MA 02738 Investment Management & Recordkeeping 124988 RBC Wealth Management 345 California Street San Francisco CA 94104 Investment Management & Recordkeeping 60921 0 0 20646210 4203309 5295000 30144519 0 0 30144519 452168 29692351 1484618 1484618 35625 35625 1448993 0 1448993 0 1448993 852255 0 852255 1448993 0 0 3409535 3443417 1179384 8032336 852255 0 0 0 852255 0 596738 596738 7435598 0 0 0 0 0 0 2812797 4622801 3443417 1179384 X ACLU Foundation of Southern California 1313 West Eight Street Los Angeles CA 90017 N/A PC General Purpose 5000 Anti-Defamation League of Los Angeles 10495 Santa Monica Boulevard Los Angeles CA 90025 N/A PC General Purpose 3500 Cancer Support Community Greater San Gabriel Valley 331 West Sierra Madre Boulevard Sierra Madre CA 91024 N/A PC General Purpose 3500 Community Partners 1000 North Alameda Street 240 Los Angeles CA 90012 N/A PC General Purpose 10000 Computer & Technology Resource Center 42 Digital Drive Suite 2 Novato CA 94949 N/A PC General Purpose; donation of used computer equipment 2467 Dr Susan Love Foundation for Breast Cancer Research 8605 Santa Monica Boulevard Suite 89002 West Hollywood CA 900694109 N/A PC General Purpose 5000 Food & Water Watch Los Angeles 1616 P Street NW Suite 300 Washington DC 20036 N/A PC General Purpose 3500 Government Accountability Project Inc 1612 K Street NW 1100 Washington DC 20006 N/A PC General Purpose 2500 Huntington Memorial Hospital 100 W California Boulevard Pasadena CA 91105 N/A PC Huntington Cancer Center 3500 LA Regional Food Bank 1734 East 41st Street Los Angeles CA 90058 N/A PC General Purpose 2000 North East Trees 570 West Avenue 26 200 Los Angeles CA 90065 N/A PC General Purpose 5000 Pasadena Humane Society 361 South Raymond Avenue Pasadena CA 91105 N/A PC General Purpose 2000 Planned Parenthood Los Angeles 400 West 30th Street Los Angeles CA 90007 N/A PC General Purpose 8000 Polytechnic School 1030 East California Boulevard Pasadena CA 91106 N/A PC General Purpose 5500 Rainforest Action Network 425 Bush Street Suite 300 San Francisco CA 94108 N/A PC General Purpose 3500 Rockefeller Family Fund 475 Riverside Drive Suite 900 New York NY 10115 N/A PC General Purpose 250000 Southern Poverty Law Center 400 Washington Avenue Montgomery AL 36104 N/A PC General Purpose 3500 TreePeople Inc 12601 Mulholland Drive Beverly Hills CA 90210 N/A PC General Purpose 20000 Veloz 400 Capital Mall 900 Sacramento CA 95814 N/A PC General Purpose 2000 William L Valentine Elementary School 1650 Huntington Drive San Marino CA 91108 N/A GOV General Purpose 1543 342010 0 18 369336 18 217614 18 2680026 Passthrough Income 523000 14 21738 Amounts Recorded Per Books 14 -34411 0 3254303 0 3254303 0 0 0 0 0 0 0 0 0 0 Accounting Fees 43800 32850 10950 6000 shs Toronto Dominion Bank (CUSIP: 89115A2V3) 6122 6122 25000 shs Bank Amer FDG Corp (CUSIP: 06051GJG5) 24131 24131 45000 shs Citigroup Inc (CUSIP: 172967ND9) 43300 43300 50000 shs Prudential Financial (CUSIP: 74432QCH6) 46610 46610 45000 shs State Street Corp (CUSIP: 857477BX0) 45706 45706 2000 shs JP Morgan Chase (CUSIP: 46647PDW3) 2058 2058 40000 shs FHLMC Remic (CUSIP: 3137HAMS2) 40600 40600 20000 shs FNMA GTD (CUSIP: 3140LLZW4) 20864 20864 70000 shs ERP Oper LTD (CUSIP: 26884ABK8) 68705 68705 36000 shs FNMA GTD (CUSIP: 3140NUEF2) 36952 36952 65000 shs American Express (CUSIP: 025816CW7) 64411 64411 50000 shs Sysco Corp (CUSIP: 871829BK2) 44171 44171 40000 shs FNMA GTD (CUSIP: 3140LKQX4) 39886 39886 34000 shs Alphabet Inc (CUSIP: 02079KAD9) 28209 28209 36000 shs FHLMC Mutifamily Structured (CUSIP: 3137H7MF7) 31571 31571 50000 shs Prologis (CUSIP: 74340XBT7) 50316 50316 50000 shs Comcast Corp (CUSIP: 20030NEC1) 50270 50270 25000 shs Small Business Admin GTG (CUSIP: 83162CU92) 25841 25841 47000 shs FNMA GTD (CUSIP: 3140NUAT6) 50713 50713 36000 shs FNMA GTD (CUSIP: 3140NUC72) 38111 38111 84000 shs Small Business Administration (CUSIP: 83162CXH1) 23330 23330 53000 shs Small Business Admin GTD (CUSIP: 83162CXP3) 16454 16454 63000 shs Small Business Admin GTD (CUSIP: 83162CXV0) 19261 19261 38000 shs Small Business Admin GTG (CUSIP: 83162CA86) 22447 22447 40000 shs GNMA Remic Trust (CUSIP: 38381JPU5) 37348 37348 105000 shs FNMA GTD (CUSIP: 3140XKUU2) 86862 86862 157000 shs FNMA GTD (CUSIP: 3140XHHS9) 117507 117507 11000 shs FNMA GTD (CUSIP: 3140XGB32) 8658 8658 23000 shs FEDL Home Loan MTG (CUSIP: 3132DWDH3) 17332 17332 18000 shs FNMA GTG (CUSIP: 31418ECQ1) 13993 13993 7000 shs FEDL Home Loan MTG (CUSIP: 3132DPUL0) 6207 6207 52000 shs FEDL Home Loan MTG (CUSIP: 3132DQHA7) 45461 45461 72000 shs FEDL Home Loan MTG (CUSIP: 3132DWEG4) 59694 59694 19000 shs FNMA GTD (CUSIP: 31418EJ50) 16924 16924 14000 shs FNMA GTD (CUSIP: 31418ELW8) 12821 12821 96000 shs FEDL Home Loan MTG (CUSIP: 3132DQHH2) 88086 88086 20000 shs FEDL Home Loan MTG (CUSIP: 3132DWHU0) 19369 19369 69000 shs FEDL Home Loan MTG (CUSIP: 3132DWHY2) 65836 65836 62000 shs FNMA GTD (CUSIP: 3140QTA82) 60816 60816 10000 shs FNMA GTD (CUSIP: 31418EW48) 9909 9909 32000 shs FNMA GTD (CUSIP: 3140A5RA8) 32751 32751 60000 shs FNMA GTD (CUSIP: 3140QTJA8) 60167 60167 7000 shs FNMA GTD (CUSIP: 3140QTJD2) 6916 6916 9000 shs FNMA GTD (CUSIP: 31418EXV7) 9027 9027 15000 shs FNMA GTD (CUSIP: 3140QTNJ4) 15056 15056 13000 shs FNMA GTD (CUSIP: 3140QTN70) 12861 12861 40000 shs GNMA Remic Trust (CUSIP: 38381JR9) 36924 36924 42000 shs Segate HDD Cayman (CUSIP: 81180WAR2) 41203 41203 44000 shs Bank Nova Scotia (CUSIP: 06418BAE8) 41617 41617 44000 shs United Rentals (CUSIP: 911365BM5) 41983 41983 44000 shs Centene Corp (CUSIP: 15135BAR2) 42413 42413 47000 shs Encompass Health (CUSIP: 29261AAA8) 44976 44976 47000 shs Silgan Holdings (CUSIP: 827048AW9) 44887 44887 49000 shs Lamar Media (CUSIP: 513075BR1) 46054 46054 51000 shs CDW LLC (CUSIP: 12513GBF5) 46634 46634 55000 shs Vontier Corp (CUSIP: 928881AF8) 46325 46325 36000 shs Express Scripts (CUSIP: 30219GAK4) 35586 35586 44000 shs Arrow Electrs Inc (CUSIP: 042735BG4) 43204 43204 36000 shs Smucker JM (CUSIP: 832696AK4) 35302 35302 42000 shs Southwest Airls (CUSIP: 844741BJ6) 41992 41992 36000 shs Fiserv Inc (CUSIP: 337738AP3) 35325 35325 44000 shs Microchip Technology (CUSIP: 595017BA1) 43345 43345 42000 shs American Express Co (CUSIP: 025816CA5) 41510 41510 36000 shs Mead Johnson Nutrition (CUSIP: 582839AH9) 35508 35508 42000 shs American Tower Corp (CUSIP: 03027XAJ9) 41480 41480 44000 shs Expedia Inc (CUSIP: 30212PAM7) 43966 43966 47000 shs Autozone Inc (CUSIP: 053332AT9) 45170 45170 42000 shs Nasdaq (CUSIP: 631103AG3) 40936 40936 44000 shs TJX Cos Inc (CUSIP: 872540AQ2) 41576 41576 47000 shs Jefferies Group LLC (CUSIP: 47233JAG3) 46806 46806 44000 shs Unitedhealth Group (CUSIP: 91324PCW0) 42870 42870 40000 shs HCA Inc (CUSIP: 404119BU2) 39475 39475 44000 shs Royal Bk (CUSIP: 78016EZD2) 42556 42556 44000 shs Apple Inc (CUSIP: 037833CR9) 42604 42604 44000 shs Ebay Inc (CUSIP: 278642AU7) 42566 42566 42000 shs Verisign (CUSIP: 92343EAL6) 41669 41669 42000 shs VMWare Inc (CUSIP: 928563AC9) 40674 40674 44000 shs JP Morgan Chase (CUSIP: 46625HRX0) 42275 42275 47000 shs Bank New York Mellon (CUSIP: 06406RAB3) 45253 45253 36000 shs Trimble Inc (CUSIP: 896239AC4) 36206 36206 44000 shs Northern Tr Corp (CUSIP: 665859AT1) 42555 42555 42000 shs Westinghouse Air Brake (CUSIP: 960386AM2) 41567 41567 42000 shs Broadcom Inc (CUSIP: 11135FBA8) 42133 42133 44000 shs Schwab Charles Corp (CUSIP: 808513CD5) 45171 45171 44000 shs Morgan Stanley (CUSIP: 61747YFF7) 44873 44873 42000 shs Keysight Technologies (CUSIP: 49338LAF0) 38223 38223 53000 shs Reinsurance Group (CUSIP: 759351AP4) 47634 47634 60000 shs Kyndryl Hldgs (CUSIP: 50155QAL4) 50236 50236 46000 shs John Deere Capital (CUSIP: 24422EWL9) 46005 46005 839 shs ALC 65542 65542 697 shs MDT 57418 57418 3199 shs MGDDY 57354 57354 6450 shs MUFG 55534 55534 832 shs SONY 78781 78781 172 shs ADBE 102615 102615 268 shs AMGN 77189 77189 579 shs BX 75803 75803 1479 shs KO 87157 87157 344 shs DHR 79581 79581 405 shs ECL 80332 80332 281 shs LOW 62537 62537 649 shs MRK 70754 70754 356 shs MSFT 133870 133870 217 shs PH 99972 99972 496 shs PNC 76806 76806 532 shs PG 77959 77959 462 shs QCOM 66819 66819 232 shs AMP 88121 88121 271 shs ANSS 98340 98340 285 shs ADSK 69392 69392 566 shs COF 74214 74214 248 shs STZ 59954 59954 671 shs LEN 100006 100006 196 shs MLM 97786 97786 922 shs MCHP 83146 83146 716 shs RPM 79927 79927 773 shs SYY 56529 56529 58 shs TDY 25885 25885 202 shs VLTO 16617 16617 710 shs XYL 81196 81196 1017 shs CBSH 54318 54318 474 shs CFR 51424 51424 512 shs OSK 55506 55506 498 shs CCI 57365 57365 1009 shs ELS 71175 71175 188 shs ADBE 112161 112161 1189 shs GOOGL 166091 166091 1413 shs AMZN 214691 214691 467 shs ADI 92728 92728 369 shs TEAM 87770 87770 851 shs BX 111413 111413 374 shs CDNS 101866 101866 43 shs CMG 98339 98339 631 shs DHR 145976 145976 411 shs ECL 81522 81522 243 shs AJG 54646 54646 323 shs INTU 201885 201885 1710 shs MRVL 103130 103130 672 shs MSFT 252699 252699 843 shs NKE 91525 91525 481 shs NVDA 238201 238201 225 shs NOW 158960 158960 216 shs TMO 114651 114651 1786 shs UBER 109964 109964 306 shs UNH 161100 161100 729 shs V 189795 189795 271 shs A 37677 37677 1666 shs DT 91114 91114 1395 shs EW 106369 106369 1429 shs FTV 105217 105217 228 shs IT 102853 102853 185 shs IDXX 102684 102684 197 shs MPWR 124264 124264 204 shs MSCI 115393 115393 647 shs VLTO 53222 53222 441 shs VRSK 105337 105337 268 shs WST 94368 94368 659 shs AMT 142265 142265 730 shs TSM 75920 75920 188 shs AON 54712 54712 94 shs ASML 71150 71150 624 shs CNI 78393 78393 816 shs LRLCY 81243 81243 1784 shs SBGSY 71647 71647 763 shs SIEGY 71609 71609 364 shs TT 88780 88780 928 shs GOOG 130783 130783 435 shs AMZN 66094 66094 88 shs COST 58087 58087 314 shs DHR 72641 72641 104 shs DE 41586 41586 57 shs INTU 35627 35627 289 shs MSFT 108676 108676 179 shs MCO 69910 69910 614 shs NKE 66662 66662 162 shs SPGI 71364 71364 154 shs TMO 81742 81742 774 shs UBER 47655 47655 527 shs WM 94386 94386 277 shs ADSK 67444 67444 896 shs BALL 51538 51538 523 shs CARR 30046 30046 915 shs TRMB 48678 48678 144 shs URI 82572 82572 75 shs VLTO 6170 6170 7947 shs ABEV 22252 22252 155 shs BAP 23239 23239 600 shs FMX 78210 78210 4866 shs HSHCY 54961 54961 587 shs HDB 39394 39394 1160 shs IBN 27654 27654 1217 shs TLK 31350 31350 1858 shs PNGAY 16822 16822 793 shs TSM 82472 82472 618 shs TCEHY 23237 23237 680 shs XP 17728 17728 2526 shs ADYEY 32553 32553 1091 shs AAGIY 38031 38031 855 shs AIQUY 33268 33268 419 shs ALC 32732 32732 917 shs ALFVY 36706 36706 3625 shs ALIZY 96885 96885 1691 shs ASAZY 24355 24355 2565 shs ATLKY 44172 44172 5142 shs BBVA 46844 46844 252 shs BNTX 26596 26596 316 shs CNI 39699 39699 3881 shs CHGCY 73529 73529 2033 shs DFKCY 20568 20568 1186 shs DASTY 57953 57953 716 shs DBSDY 72539 72539 846 shs GMAB 26937 26937 5379 shs HLN 44269 44269 2123 shs IFNNY 88648 88648 1266 shs KMTUY 33119 33119 754 shs LRLCY 75071 75071 435 shs LZAGY 18281 18281 2870 shs MFC 63427 63427 1499 shs NCLTY 20075 20075 445 shs NVZMY 24471 24471 1121 shs RHHBY 40707 40707 426 shs SAP 65855 65855 1272 shs SBGSY 51085 51085 1012 shs SMNNY 15674 15674 1980 shs SGIOY 23869 23869 750 shs SSDOY 22620 22620 343 shs SONVY 22365 22365 516 shs SONY 48860 48860 1265 shs SYIEY 34809 34809 746 shs SSMXY 20790 20790 4305 shs UNICY 31134 31134 125 shs RNR 24500 24500 99 shs ARGX 37663 37663 522 shs IMCR 35663 35663 898 shs FROG 31080 31080 504 shs NVT 29781 29781 187 shs RBA 12508 12508 307 shs XENE 14140 14140 522 shs AOS 43034 43034 342 shs ARES 40671 40671 381 shs BMRN 36736 36736 42 shs DECK 28074 28074 370 shs DLB 31887 31887 172 shs EME 37054 37054 518 shs ENTG 62067 62067 398 shs ETSY 32258 32258 528 shs GDDY 56052 56052 342 shs GGG 29672 29672 94 shs HUBB 30919 30919 105 shs HUBS 60957 60957 369 shs H 48121 48121 294 shs KNX 16949 16949 201 shs LECO 43709 43709 127 shs MOH 45886 45886 148 shs MDB 60510 60510 302 shs NBIX 39792 39792 138 shs NDSN 36454 36454 469 shs PHM 48410 48410 279 shs RJF 31109 31109 161 shs ROKU 14757 14757 142 shs BLD 53145 53145 116 shs TYL 48502 48502 551 shs ACIW 16861 16861 2878 shs FOLD 40839 40839 516 shs APLS 30888 30888 533 shs ATRC 19023 19023 420 shs AVNT 17459 17459 357 shs BRZE 18967 18967 495 shs CGNX 20661 20661 116 shs CW 25844 25844 707 shs GTLB 44513 44513 560 shs GH 15148 15148 326 shs NARI 21164 21164 219 shs IRTC 23442 23442 137 shs KRTX 43362 43362 343 shs LNTH 21266 21266 523 shs LSCC 36082 36082 119 shs LAD 39184 39184 807 shs NYT 39535 39535 121 shs NXST 18967 18967 393 shs OPCH 13240 13240 352 shs OM 1904 1904 301 shs POWI 24715 24715 189 shs RRX 27976 27976 209 shs SRPT 20154 20154 145 shs SWAV 27631 27631 483 shs SWTX 17630 17630 308 shs SF 21298 21298 867 shs TPR 31914 31914 375 shs VCYT 10316 10316 154 shs WING 39513 39513 302 shs DOX 26543 26543 144 shs ALLE 18243 18243 123 shs CHKP 18793 18793 359 shs AOS 29596 29596 238 shs AKAM 28167 28167 245 shs AFG 29128 29128 308 shs ATR 38075 38075 133 shs AVY 26887 26887 528 shs BJ 35196 35196 161 shs CHRW 13909 13909 209 shs CBOE 37319 37319 61 shs CHE 35670 35670 112 shs COO 42385 42385 354 shs DLB 30508 30508 368 shs EWBC 26478 26478 257 shs EXPD 32690 32690 88 shs FDS 41980 41980 224 shs FFIV 40092 40092 140 shs JKHY 22877 22877 83 shs HUBB 27301 27301 138 shs IEX 29961 29961 821 shs IPG 26797 26797 167 shs LECO 36316 36316 105 shs MANH 22609 22609 253 shs MAS 16946 16946 141 shs MEDP 43221 43221 301 shs NTAP 26536 26536 154 shs NDSN 40681 40681 302 shs NTRS 25483 25483 300 shs OMC 25953 25953 139 shs PKG 22644 22644 105 shs PAYC 21706 21706 165 shs RVTY 18036 18036 195 shs RHI 17144 17144 286 shs RPM 31926 31926 111 shs SNA 32061 32061 134 shs TFX 33412 33412 116 shs BLD 43414 43414 223 shs TTC 21406 21406 148 shs WAT 48726 48726 213 shs WSM 42979 42979 93 shs ZBRA 25420 25420 196 shs AIT 33847 33847 29 shs CABO 16141 16141 302 shs CRI 22617 22617 46 shs CVCO 15945 15945 280 shs CHH 31724 31724 219 shs CNS 16585 16585 316 shs COLM 25135 25135 306 shs CBSH 16343 16343 518 shs DCI 33851 33851 1080 shs EXLS 33318 33318 1211 shs FLO 27260 27260 342 shs IBOC 18577 18577 188 shs JLL 35508 35508 120 shs MIDD 17660 17660 483 shs PRGS 26227 26227 195 shs QLYS 38275 38275 612 shs SEIC 38893 38893 249 shs SIGI 24771 24771 363 shs SLGN 16426 16426 178 shs TXRH 21757 21757 240 shs UMBF 20052 20052 149 shs CPT 14794 14794 516 shs CUBE 23917 23917 233 shs LAMR 24763 24763 1612 shs DOC 21456 21456 656 shs STAG 25755 25755 23421.440 shs BCSFX 538693 538693 1309194 1309194 291511 291511 Meranti Green Steel - Singapore FMV 100000 100000 Generation Global Equity Fund FMV 4000000 4000000 Colchis/Marlette Income Fund LTD FMV 53706 53706 TriLinc Global Impact Fund LLC FMV 281322 281322 Best Egg, Inc. FMV 260209 260209 Context Partners Offshore LTD FMV 524368 524368 Libra Fund Offshore II FMV 75395 75395 Legal Fees 61950 46463 15487 Security Deposit 1410 1410 1410 Deferred Tax Asset 0 89346 89346 Net investment unrealized gains/(losses) 380938 Office and Computer Expenses 19903 0 19903 Insurance 12522 0 12522 State Filing Fees 936 0 936 Accrual-to-Cash - Expense Adjustments 0 0 117877 Passthrough Income 21738 21738 21738 Amounts Recorded Per Books -34411 -34411 Excise tax accrual adjustments (net) 91562 Net timing differences, investment fees 1957 Deferred Tax Liability 33406 31190 Investment Management Fees 163865 163865 0 Other Professional Fees 25803 0 25803 Excise Taxes 90000 0 0 Foreign Taxes on Dividends 732 732 0