TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 04-01-2021 , and ending 03-31-2022

Name of foundation
TW M H JUDD CHARITABLE TRUST

Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118

A Employer identification number

58-6118252

B Telephone number (see instructions)

(888) 730-4933

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$3,715,209J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	134,112		134,112
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		113,413
b	Gross sales price for all assets on line 6a 169,322
7	Capital gain net income (from Part IV, line 2)...			113,413
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	247,525		247,525
13	Compensation of officers, directors, trustees, etc.	46,623		34,967		11,656
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		1,145	0	0	1,145
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		1,229	1,229		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		13	13
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	49,010		36,209	0	12,801
25	Contributions, gifts, grants paid.......	160,000				160,000
26	Total expenses and disbursements. Add lines 24 and 25	209,010		36,209	0	172,801
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	38,515
b	Net investment income (if negative, enter -0-)			211,316
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	27
	2	Savings and temporary cash investments.........	210,698	116,058	116,058
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	394,928	2,770,146	3,599,151
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	2,241,997		0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,847,650	2,886,204	3,715,209
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	2,847,650	2,886,204
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	2,847,650	2,886,204
	30	Total liabilities and net assets/fund balances (see instructions).	2,847,650	2,886,204

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

2,847,650

Enter amount from Part I, line 27a .....................

38,515

Other increases not included in line 2 (itemize) bullet

359

Add lines 1, 2, and 3 ..........................

2,886,524

Decreases not included in line 2 (itemize) bullet

320

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

2,886,204

Form 990-PF (2021)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	70. AT & T INC		2020-05-29	2021-05-05
b	320. AT & T INC			2021-05-05
c	15. CVS HEALTH CORPORATION		2020-04-23	2021-05-05
d	4. LAM RESEARCH CORP COM		2019-08-27	2021-05-05
e	6. UNITED PARCEL SERVICE-CL B		2019-08-27	2021-05-05
	30. APPLE INC		2020-04-23	2021-06-10
	30. CISCO SYSTEMS INC		2019-08-27	2021-06-14
	1.5 ORGANON & CO		2020-11-04	2021-06-14
	5.5 ORGANON & CO		2019-08-27	2021-06-14
	.5 ORGANON & CO		2020-11-04	2021-06-28
	25. ELI LILLY & CO COM			2021-07-06
	3. UNITEDHEALTH GROUP INC		2020-04-23	2021-07-06
	87. CISCO SYSTEMS INC		2019-08-27	2021-08-30
	32. MONDELEZ INTERNATIONAL INC		2019-08-27	2021-08-30
	25. AMGEN INC		2020-11-04	2021-10-13
	26. BLACKSTONE INC		2020-05-29	2021-10-21
	18. DIAGEO PLC - ADR		2019-08-27	2021-10-21
	420. FLEXTRONICS INTL LTD			2021-11-19
	13. BLACKSTONE INC		2020-05-29	2021-12-22
	6. BROADCOM INC		2019-08-27	2021-12-22
	21. NIKE INC CL B		2020-04-23	2021-12-22
	71. UNILEVER PLC - ADR			2021-12-22
	98. INTERPUBLIC GROUP COS INC		2021-12-27	2022-02-10
	4. INTERPUBLIC GROUP COS INC		2020-11-04	2022-02-10
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,239	2,131	108
b	10,237	10,447	-210
c	1,245	927	318
d	2,461	796	1,665
e	1,292	685	607
	3,782	2,096	1,686
	1,619	1,416	203
	45	58	-13
	166	226	-60
	15	19	-4
	5,857	3,581	2,276
	1,224	850	374
	5,135	4,105	1,030
	1,990	1,746	244
	5,094	5,779	-685
	3,444	1,473	1,971
	3,587	3,036	551
	7,498	4,441	3,057
	1,678	736	942
	3,919	1,667	2,252
	3,462	1,871	1,591
	3,720	4,116	-396
	3,516	3,631	-115
	144	76	68
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953
			95,953

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			108
b			-210
c			318
d			1,665
e			607
			1,686
			203
			-13
			-60
			-4
			2,276
			374
			1,030
			244
			-685
			1,971
			551
			3,057
			942
			2,252
			1,591
			-396
			-115
			68

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	113,413
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2021)

Page 4

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	2,937
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	2,937
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	1,400
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	1,537
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	2,937
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax0	Refunded	11	0

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

WELLS FARGO BANK NA Telephone no. bullet

(888) 730-4933

Located at bullet

100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4 bullet

27101

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2021? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2021.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
WELLS FARGO BANK N A	TRUSTEE 1	46,623
100 N MAIN ST MAC D4001-117 WINSTON SALEM,NC27101	TRUSTEE 1	46,623

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2021)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2021)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

3,738,063

Average of monthly cash balances.......................

196,788

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

3,934,851

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

3,934,851

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

59,023

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

3,875,828

Minimum investment return. Enter 5% (0.05) of line 5................

193,791

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part IX, line 6..................

193,791

Tax on investment income for 2021 from Part V, line 5.......

2,937

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

2,937

Distributable amount before adjustments. Subtract line 2c from line 1............

190,854

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

190,854

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

190,854

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					190,854
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				153,399
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......	0
b From 2017......	0
c From 2018......	0
d From 2019......	0
e From 2020......	0
f Total of lines 3a through e ........		0
4Qualifying distributions for 2021 from Part
XI, line 4: $ 172,801
a Applied to 2020, but not more than line 2a				153,399
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....					19,402
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2021.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					171,452
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2017....	0
b Excess from 2018....	0
c Excess from 2019....	0
d Excess from 2020....	0
e Excess from 2021....	0

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CHRIST CHURCH PRESBYTERIAN 510 S TIBBS RD DALTON,GA30720	NONE	PC	GENERAL SUPPORT	30,000
WHITFIELD HEALTHCARE FOUNDATION PO BOX 1168 DALTON,GA30720	NONE	PC	GENERAL OPERATING	58,000
PRESBYTERIAN COLLEGE 503 S BROAD ST CLINTON,SC293252865	NONE	PC	GENERAL OPERATING	12,500
THORNWELL 302 SOUTH BROAD STREET CLINTON,SC29325	NONE	PC	GENERAL SUPPORT	25,000
BERRY COLLEGE INC PO BOX 490129 MOUNT BERRY,GA301490129	NONE	PC	GENERAL OPERATING	30,000
DALTON STATE COLLEGE FOUNDATION 650 COLLEGE DR DALTON,GA307203778	NONE	PC	GENERAL OPERATING	4,500
Total ................................. 3a				160,000

bApproved for future payment

Total ................................. 3b

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	113,413
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				247,525

13Total. Add line 12, columns (b), (d), and (e)..................

247,525

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2021)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AccountingFeesSchedule

Name:

TW M H JUDD CHARITABLE TRUST

EIN:

58-6118252

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	1,145			1,145

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

TW M H JUDD CHARITABLE TRUST

EIN:

58-6118252

Name of Stock	End of Year Book Value	End of Year Fair Market Value
56501R106 MANULIFE FINANCIAL C	14,317	18,468
891160509 TORONTO DOMINION BK	11,768	15,090
25243Q205 DIAGEO PLC - ADR	9,526	12,798
H84989104 TE CONNECTIVITY LTD	7,465	10,085
31620M106 FIDELITY NATL INFORM	12,295	10,042
254687106 WALT DISNEY CO	9,490	9,876
594918104 MICROSOFT CORP	29,501	53,338
92826C839 VISA INC-CLASS A SHR	11,181	13,084
11135F101 BROADCOM INC	8,273	17,001
405217100 HAIN CELESTIAL GROUP	3,393	5,676
907818108 UNION PACIFIC CORP	8,417	13,661
609207105 MONDELEZ INTERNATION	10,753	12,744
09260D107 BLACKSTONE INC	5,461	10,917
883556102 THERMO FISHER SCIENT	6,069	10,632
097023105 BOEING CO	7,551	7,660
87612E106 TARGET CORP	5,229	10,611
192446102 COGNIZANT TECH SOLUT	9,979	13,809
09857L108 BOOKING HOLDINGS INC	7,644	9,394
460690100 INTERPUBLIC GROUP CO	4,399	8,189
G29183103 EATON CORP PLC	14,125	15,480
285512109 ELECTRONIC ARTS INC	8,835	10,247
512807108 LAM RESEARCH CORP CO	5,592	11,290
911312106 UNITED PARCEL SERVIC	7,284	14,798
Y2573F102 FLEX LTD
867224107 SUNCOR ENERGY INC NE	10,199	15,057
00206R102 AT & T INC
G5960L103 MEDTRONIC PLC	7,847	8,432
75513E101 RAYTHEON TECHNOLOGIE	11,942	15,554
94106L109 WASTE MANAGEMENT INC	11,315	15,375
09247X101 BLACKROCK INC	10,141	14,519
H2906T109 GARMIN LTD	10,591	9,607
150870103 CELANESE CORP	10,377	13,430
904767704 UNILEVER PLC - ADR	5,872	5,286
126650100 CVS HEALTH CORPORATI	7,695	12,651
532457108 ELI LILLY & CO COM	8,131	16,323
02079K107 ALPHABET INC CL C	26,356	47,481
89151E109 TOTALENERGIES SE -SP	10,161	11,119
037833100 APPLE INC	22,348	57,796
871829107 SYSCO CORP	6,532	10,206
517834107 LAS VEGAS SANDS CORP	9,842	7,774
031162100 AMGEN INC
172967424 CITIGROUP INC.	14,016	14,899
91324P102 UNITEDHEALTH GROUP I	13,629	24,479
46625H100 JPMORGAN CHASE & CO	15,323	21,130
17275R102 CISCO SYSTEMS INC	11,022	13,327
58933Y105 MERCK & CO INC NEW	12,540	13,046
654106103 NIKE INC CL B	5,310	8,612
00287Y109 ABBVIE INC	11,212	15,725
418056107 HASBRO INC	10,867	9,011
693391559 PIMCO EMERG MKTS BD-	61,978	59,115
464287200 ISHARES CORE S & P 5	48,571	80,757
77956H435 T ROWE PR OVERSEAS S	116,925	138,783
30303M102 META PLATFORMS INC	6,340	4,447
46090F100 INVESCO OPTIMUM YIEL	88,190	135,122
592905764 METROPOLITAN WEST T/	365,241	343,562
693390841 PIMCO HIGH YIELD FD-	58,750	60,971
922908629 VANGUARD MIDCAP VIPE	159,971	259,008
55273H353 MFS VALUE FUND-R6 48	175,087	330,749
872365713 TCW EMRG MRKTS INC-P	131,576	116,146
74440Y884 PGIM HIGH YIELD-Q 10	195,000	192,559
27830W108 EV GL MACR ABS RTRN	107,841	99,666
02508H311 AMER CENT SM CAP GRW	76,350	96,174
411512528 HARBOR CAPITAL APPRE	121,569	250,015
464287606 ISHARES S&P MID-CAP	96,911	158,558
00143W859 INV OPP DEVELOP MRKT	112,418	134,313
693390700 PIMCO TOTAL RET FD-I	235,300	217,014
46647B404 JPMORGAN MID CAP VAL	61,110	132,367
464287630 ISHARES RUSSELL 2000	69,203	94,096

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

TW M H JUDD CHARITABLE TRUST

EIN:

58-6118252

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
683974604 OPPENHEIMER DEVELOPI
09260C703 BLACKROCK GL L/S CRE
464287606 ISHARES S&P MID-CAP
64128R608 NEUBERGER BERMAN LON
256210105 DODGE & COX INCOME F
55273H353 MFS VALUE FUND-R6 48
46434G103 ISHARES CORE MSCI EM
78463X863 SPDR DJ WILSHIRE INT
256206103 DODGE & COX INTL STO
025083320 AMER CENT SMALL CAP
77956H435 T ROWE PR OVERSEAS S
63872T885 ASG GLOBAL ALTERNATI
693391559 PIMCO EMERG MKTS BD-
63872T729 ALPA SPLX MGD FUTR S
411511504 HARBOR CAPITAL APRCT
464287630 ISHARES RUSSELL 2000
779919307 T ROWE PR REAL ESTAT
4812C0803 JPMORGAN HIGH YIELD
277923264 EATON VANCE GLOB MAC
00888Y508 INV BALANCE RISK COM
464287200 ISHARES CORE S & P 5
339128100 JP MORGAN MID CAP VA
77958B402 T ROWE PRICE INST FL
47803M168 JOHN HANCOCK II-ABSL
87234N765 TCW EMRG MKTS INCM-I
592905764 METROPOLITAN WEST T/
46647B404 JPMORGAN MID CAP VAL
654106103 NIKE INC CL B
755111507 RAYTHEON COMPANY
904784709 UNILEVER N.V. - ADR
405217100 HAIN CELESTIAL GROUP
532457108 ELI LILLY & CO COM
883556102 THERMO FISHER SCIENT
097023105 BOEING CO
150870103 CELANESE CORP
172967424 CITIGROUP INC.
285512109 ELECTRONIC ARTS INC
31620M106 FIDELITY NATL INFORM
609207105 MONDELEZ INTERNATION
848574109 SPIRIT AEROSYTSEMS H
H84989104 TE CONNECTIVITY LTD
17275R102 CISCO SYSTEMS INC
192446102 COGNIZANT TECH SOLUT
254687106 WALT DISNEY CO
375558103 GILEAD SCIENCES INC
46625H100 JPMORGAN CHASE & CO
56501R106 MANULIFE FINANCIAL C
58933Y105 MERCK & CO INC NEW
693475105 PNC FINANCIAL SERVIC
867224107 SUNCOR ENERGY INC NE
Y2573F102 FLEX LTD
126650100 CVS HEALTH CORPORATI
594918104 MICROSOFT CORP
87612E106 TARGET CORP
891160509 TORONTO DOMINION BK
911312106 UNITED PARCEL SERVIC
91324P102 UNITEDHEALTH GROUP I
00143W859 INV OPP DEVELOP MRKT
09247X101 BLACKROCK INC
11135F101 BROADCOM INC
12572Q105 CME GROUP INC
25243Q205 DIAGEO PLC - ADR
411512528 HARBOR CAPITAL APPRE
517834107 LAS VEGAS SANDS CORP
693390700 PIMCO TOTAL RET FD-I
872540109 TJX COMPANIES INC
89151E109 TOTAL S.A. - ADR
G5960L103 MEDTRONIC PLC
4812C0126 JPMORGAN HIGH YIELD-
512807108 LAM RESEARCH CORP CO
907818108 UNION PACIFIC CORP
G29183103 EATON CORP PLC
00206R102 AT & T INC
02079K107 ALPHABET INC CL C
037833100 APPLE INC
26875P101 EOG RESOURCES, INC
437076102 HOME DEPOT INC
74440Y884 PGIM HIGH YIELD-Q 10
46090F100 INVESCO OPTIMUM YIEL
27830W108 EV GL MACR ABS RTRN
02508H311 AMER CENT SM CAP GRW
693390841 PIMCO HIGH YIELD FD-
922908629 VANGUARD MIDCAP VIPE

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

TW M H JUDD CHARITABLE TRUST

EIN:

58-6118252

Description	Amount
ROUNDING	16
PY RETURN OF CAPITAL ADJUSTMENT	304

- TIN:

TY 2021 OtherExpensesSchedule

Name:

TW M H JUDD CHARITABLE TRUST

EIN:

58-6118252

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT EXPENSES - ADR FEES	13	13		0

- TIN:

TY 2021 OtherIncreasesSchedule

Name:

TW M H JUDD CHARITABLE TRUST

EIN:

58-6118252

Description	Amount
MUTUAL FUND TIMING ADJ	55
TAX LOT ADJUSTMENT	304

- TIN:

TY 2021 TaxesSchedule

Name:

TW M H JUDD CHARITABLE TRUST

EIN:

58-6118252

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	1,032	1,032		0
FOREIGN TAXES ON NONQUALIFIED	197	197		0