Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo 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 01-01-2021 , and ending 12-31-2021
Name of foundation
LEO W SEAL JR FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 3720
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BAY ST LOUIS, MS39521
A Employer identification number

72-1373522
B Telephone number (see instructions)

(228) 641-4505
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$14,366,218J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I 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)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 82,397
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 359,723 359,723  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 913,593
b Gross sales price for all assets on line 6a 913,593
7 Capital gain net income (from Part IV, line 2)... 913,593
8 Net short-term capital gain.........  
9 Income modifications........... 16,550
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........ 1,355,713 1,273,316 16,550
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 7,725 0   7,725
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,441 0   1,441
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 135,004 135,004   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 48,860 47,801   1,034
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 193,030 182,805   10,200
25 Contributions, gifts, grants paid....... 571,050 571,050
26 Total expenses and disbursements. Add lines 24 and 25 764,080 182,805   581,250
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 591,633
b Net investment income (if negative, enter -0-) 1,090,511
c Adjusted net income (if negative, enter -0-)... 16,550
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 158,987 169,418 169,418
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet   9,000 0 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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 12,033,381 Click to see attachment12,640,133 14,196,800
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,201,368 12,809,551 14,366,218
Liabilities 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 bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
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 bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 12,201,368 12,809,551
29 Total net assets or fund balances (see instructions)..... 12,201,368 12,809,551
30 Total liabilities and net assets/fund balances (see instructions). 12,201,368 12,809,551
Part III
Analysis of Changes in Net Assets or Fund Balances
1
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) ...............
1
12,201,368
2
Enter amount from Part I, line 27a .....................
2
591,633
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
16,550
4
Add lines 1, 2, and 3 ..........................
4
12,809,551
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
12,809,551
Form 990-PF (2021)
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 HANCOCK WHITNEY IMA P    
b HANCOCK WHITNEY IMA P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 118,395     118,395
b 795,198     795,198
c
d
e
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       118,395
b       795,198
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 913,593
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 ................... 		Bracket 3  
Form 990-PF (2021)
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 Bullet and enter “N/A" on line 1. Bracket for line 1a
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 15,158
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 15,158
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 359
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 15,517
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
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.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
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....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
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?................
    6
    Yes
     
    7
    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..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMS
    b
    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 .
    8b
    Yes
     
    9
    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 .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    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 .............
    11
     
    No
    12
    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.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletLEO W SEAL III Telephone no.bullet (228) 641-4505

    Located atbulletPO BOX 3170BAY ST LOUISMS ZIP+4bullet39521
    15
    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
    15
     
    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
    No
    1a
    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)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)
     
    No
    (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)
     
    No
    b
    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 ..........
    1b
     
     
    c
    ........bullet
    d
    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? .............
    1d
     
    No
    2
    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)):
    a
    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?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    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.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    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.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    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? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (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)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (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)
     
    No
    b
    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 ........
    5b
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    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? .........................
    8
     
    No
    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
    LEO W SEAL III PRESIDENT
    1.00     		0 0 0
    PO BOX 3720
    BAY ST LOUIS,MS39521
    WALLACE LEE SEAL SECRETARY/TREASURER
    1.00     		0 0 0
    PO BOX 3720
    BAY ST LOUIS,MS39521
    CLAY WAGNER VICE PRESIDENT
    1.00     		0 0 0
    PO BOX 3720
    BAY ST LOUIS,MS39521
    JOHN BAXTER VICE PRESIDENT
    1.00     		0 0 0
    PO BOX 3720
    BAY ST LOUIS,MS39521
    DAN MUNN EXECUTIVE DIRECTOR
    20.00     		7,725 0 0
    PO BOX 3720
    BAY ST LOUIS,MS39521
    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...................bullet 0
    Form 990-PF (2021)
    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.............bullet0
    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.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    13,632,214
    b
    Average of monthly cash balances.......................
    1b
    131,516
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,763,730
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    13,763,730
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    206,456
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    13,557,274
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    677,864
    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.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    677,864
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    15,158
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    15,158
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    662,706
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    662,706
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    662,706
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    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 7 662,706
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 525,166
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 581,250
    a Applied to 2020, but not more than line 2a 525,166
    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..... 56,084
    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 ..........     		606,622
    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....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    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 or
    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
             
    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).)
    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.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LEO W SEAL JR FAMILY FOUNDATION
    PO BOX 3720
    BAY ST LOUIS,MS39521
    (228) 641-4505
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN SUBMISSIONS
    cAny submission deadlines:
    NO DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE LEO SEAL FAMILY FOUNDATION WAS ESTABLISHED IN 1997 BY LONGTIME HANCOCK BANK PRESIDENT LEO W. SEAL, JR., WHO DEMONSTRATED SELFLESSNESS AMID BOTH PROSPERITY AND CATASTROPHE TO ENSURE A BETTER QUALITY OF LIFE FOR COUNTLESS CITIZENS OF THE MISSISSIPPI GULF COAST. SUBMISSIONS ARE REVIEWED TO ENSURE COMPLIANCE WITH THE FOUNDATION'S MISSION OF PROVIDING FUNDS TO OTHER IRC SECTION 501(C)(3) ORGANIZATIONS THAT OPERATE EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, LITERARY, AND EDUCATIONAL PURPOSES.
    Form 990-PF (2021)
    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)
    aPaid during the year
    BAY ST LOUIS LIBRARY HANCOCK COUNTY LIBRARIES (LIBRARY FOUNDATION OF HANC
    312 US HWY 90
    BAY SAINT LOUIS,MS39520     		  PC EDUCATIONAL OUTREACH 7,000
    BETHESDA FREE CLINIC (BETHESDA FREE HEALTH CLINIC OF D'IBERVILLE)
    PO BOX 7709
    DIBERVILLE,MS39540     		  PC MEDICAL SERVICES FOR HOMELESS 15,000
    COASTAL CONSERVATION ASSOCIATION (CCA) MISSISSIPPI BAY CHAPTER
    PO BOX 3916
    BAY SAINT LOUIS,MS39520     		  PC MISSISSIPPI BAY CHAPTER/COASTAL CONSERVATION 2,500
    CLEMSON UNIVERSITY FOUNDATION
    PO BOX 1889
    CLEMSON,SC296331889     		  PC SUPPORT OF EDUCATIONAL SCHOLARSHIP 5,000
    COAST CHORALE
    PO BOX 6531
    DIAMONDHEAD,MS39525     		  PC PROMOTION OF CULTURAL AND MUSICAL ARTS EXHANGE PROGRAMS 1,000
    COAST EPISCOPAL SCHOOLS
    5065 ESPY AVE
    LONG BEACH,MS39560     		  PC EDUCATIONAL OUTREACH 100,500
    COAST GUARD FOUNDATION
    394 TAUGWONK ROAD
    STONINGTON,CT06378     		  PC SUPPORT OF FOUNDATION 5,000
    COMEBACK COOLERS
    PO BOX 1878
    OCEAN SPRINGS,MS39566     		  PC HUMAN SERVICES (PUBLIC SAFETY, DISASTER PREPAREDNESS & RELIEF) 10,000
    DEL RENDON FOUNDATION THE
    100 G T THAMES DR C1
    STARKVILLE,MS39759     		  PC EDUCATION 14,000
    FEEDING THE GULF COAST
    5248 MOBILE SOUTH ST
    THEODORE,AL36582     		  PC FOOD/SHELTER COMMUNITY OUTREACH 15,000
    FRIENDS OF THE ANIMAL SHELTER IN HANCOCK COUNTY
    PO BOX 2274
    BAY SAINT LOUIS,MS39521     		  PC SUPPORT OF SHELTER ACTIVITIES 5,000
    GREATER BATON ROUGE FOOD BANK
    PO BOX 45830
    BATON ROUGE,LA708954830     		  PC SUPPORT OF PROGRAMS TO PROVIDE FOOD TO THE NEEDY 10,000
    GULF COAST BANDITS GREAT SOUTHERN SPORTS ASSOCIATION (GSSA)
    1009 BREEDEN PL
    BAY SAINT LOUIS,MS39520     		  PC RECREATION, SPORTS & YOUTH DEVELOPMENT 800
    GULF COAST BASKETBALL OFFICIALS ASSOCIATION (GCBOA) MISSISSIPPI HIGH SCHOO
    PO BOX 127
    CLINTON,MS390600127     		  PC SUPPORT OF ORGANIZATION FOR YOUTH SPORTS 750
    GULF COAST BREASTFEEDING CENTER
    6340 KILN DELISLE RD UNIT B
    PASS CHRISTIAN,MS39571     		  PC SUPPORT OF EDUCATION AND MEDICAL ASSISTANCE 1,000
    GULF COAST SYMPHONY ORCHESTRA
    KNIGHT NONPROFIT CENTER 11975
    SEAWAY RD
    GULFPORT,MS39503     		  PC LOCAL SUPPORT FOR ARTS AND CULTURE 1,000
    HANCOCK COUNTY HISTORICAL SOCIETY
    PO BOX 3356
    BAY SAINT LOUIS,MS39521     		  PC TO PRESERVCE THE HISTORY OF HANCOCK COUNTY MISSISSIPPI 1,000
    HANCOCK COUNTY SCHOOL DISTRICT
    18375 HWY 603
    KILN,MS39556     		  PC EDUCATIONAL OUTREACH 15,000
    HANCOCK COUNTY SHERIFF'S OFFICE
    8450 US HWY 90
    BAY SAINT LOUIS,MS39520     		  PC COMMUNITY & GOVERNMENT 2,500
    HANCOCK HEALTH FOUNDATION THE
    PO BOX 2314
    BAY SAINT LOUIS,MS395212314     		  PC SUPPORT OF HOSPITAL FOUNDATION 15,000
    HANCOCK RESOURCE CENTER
    454 US HWY 90 SUITE B
    WAVELAND,MS39576     		  PC HUMAN SERVICES (GENERAL) 10,000
    HARCH HYPERBARIC INSTITUTE
    228 AUDUBON BLVD
    NEW ORLEANS,LA70118     		  PC HEALTH 10,000
    HOGS FOR THE CAUSE
    PO BOX 792300
    NEW ORLEANS,LA70179     		  PC HEALTH 10,000
    HOME OF GRACE
    PO BOX 5009
    VANCLEAVE,MS39565     		  PC CHRISTIAN OUTREACH 10,000
    HUMANE SOCIETY OF SOUTH MISSISSIPPI
    2615 25TH AVE
    GULFPORT,MS39501     		  PC UNRESTRICTED FACILITIES GRANT 5,000
    INTERNATIONAL MEDICAL RELIEF
    1151 EAGLE DR SUITE 457
    LOVELAND,CO80537     		  PC TO PROVIDE MEDICAL AID AND DISASTER RELIEF 10,000
    JSU DEVELOPMENT FOUNDATION JACKSON STATE UNIVERSITY
    PO BOX 17144
    JACKSON,MS39217     		  PC SUPPORT OF HBCU 12,500
    LIGHTHOUSE ACADEMY FOR DYSLEXIA
    610 WARD AVE
    OCEAN SPRINGS,MS39564     		  PC EDUCATIONAL OUTREACH 5,000
    LIGHTHOUSE LOUISIANA (FKA LIGHTHOUSE FOR THE BLIND NEW ORLEANS)
    123 STATE ST
    NEW ORLEANS,LA70118     		  PC TO EMPOWER PEOPLE WITH DISABILITIES THROUGH SERVICE, EMPLOYMENT AND ADVOCACY 5,000
    LILY PAD FOUNDATION
    PO BOX 501
    MADISON,MS391300501     		  PC SUPPORT OF FOUNDATION 10,000
    LOAVES AND FISHES
    1016 DIVISION ST
    BILOXI,MS395302968     		  PC SUPPORT FOR COMMUNITY OUTREACH PROGRAM 15,000
    LOGTOWN CEMETERY ASSOCIATION
    133 CARROLL AVE
    BAY SAINT LOUIS,MS39520     		  PC HISTORIC PRESERVATION AND UPKEEP ACTIVITIES 1,000
    LYNN MEADOWS DISCOVERY CENTER
    246 DOLAN AVE
    GULFPORT,MS39507     		  PC SUPPORT FOR CHILDREN'S MUSEUM AND EDUCATION OUTREACH 1,000
    MAP-MUSIC ARTS & PRACTICALITY
    400 S BEACH BLVD
    WAVELAND,MS39576     		  PC EDUCATIONAL OUTREACH 2,500
    MARITIME AND SEAFOOD INDUSTRY MUSEUM OF BILOXI
    PO BOX 1907
    BILOXI,MS39533     		  PC SUPPORT OF EDUCATION AND CULTURAL MUSEUM 22,000
    MCLINDON FAMILY FOUNDATION
    8305 TOM DR
    BATON ROUGE,LA70815     		  PC SUPPORT OF YOUTH DISABILITY PROGRAM 5,000
    M-CLUB HALL OF FAME MISSISSIPPI STATE UNIVERSITY
    PO BOX 2292
    MISSISSIPPI STATE,MS39762     		  PC SUPPORT OF ORGANIZATION 5,000
    MENTAL HEALTH ASSOCIATION OF SOUTH MISSISSIPPI
    PO BOX 7329
    GULFPORT,MS39506     		  PC MEDICAL ASSISTANCE 10,000
    MILLIE'S MOVEMENT
    310 NINTH ST
    BAY SAINT LOUIS,MS39520     		  PC COMMUNITY PROGRAM BLOG 10,000
    MISSISSIPPI AQUARIUM
    PO BOX 1100
    GULFPORT,MS39502     		  PC SUPPORT OF ZOOLOGICAL SOCIETY AND EDUCATION 20,000
    MISSISSIPPI PUBLIC BROADCASTING (MPB FOUNDATION)
    3825 RIDGEWOOD RD 201
    JACKSON,MS392119926     		  PC SUPPORT OF ARTS AND CULTURE 1,500
    MISSISSIPPI WILDLIFE FISHERIES AND PARKS FOUNDATION
    PO BOX 14194
    JACKSON,MS39236     		  PC TO ASSIST IN PROTECTING AND PRESERVING WILDLIFE HERITAGE 5,000
    MUSIC MAKER RELIEF FOUNDATION
    PO BOX 1358
    HILLSBOROUGH,NC27278     		  PC SUPPORT OF ARTS AND CULTURE 1,000
    NATIONAL OUTDOOR LEADERSHIP SCHOOL (NOLS)
    284 LINCOLN ST
    LANDER,WY82520     		  PC EDUCATIONAL OUTREACH 7,500
    OUR ARTWORK
    603 CLAYTON AVE
    TUPELO,MS38804     		  PC SUPPORT OF ARTS AND CULTURE 1,000
    OUR LADY ACADEMY
    222 S BEACH BLVD
    BAY SAINT LOUIS,MS39520     		  PC EDUCATIONAL OUTREACH 5,500
    OUR LADY OF THE GULF CATHOLIC CHURCH
    228 S BEACH BLVD
    BAY SAINT LOUIS,MS39520     		  PC CHRISTIAN OUTREACH 5,000
    PALMER HOME FOR CHILDREN
    PO BOX 746
    COLUMBUS,MS39703     		  PC SUPPORT FOR ABUSED YOUTH PROGRAM 10,000
    PEARL RIVER COMMUNITY COLLEGE DEVELOPMENT FOUNDATION (AKA PRCC ALUMNI ASSOC
    PO BOX 5389
    POPLARVILLE,MS39470     		  PC EDUCATIONAL OUTREACH 15,000
    PLEASE FOUNDATION
    PO BOX 9223
    METAIRIE,LA70005     		  PC EDUCATIONAL OUTREACH 10,000
    PNEUMA-WINDS OF HOPE (DBA STARFISH CAF)
    10408 MS-603
    BAY SAINT LOUIS,MS39520     		  PC SUPPORT OF YOUNG ADULT MINISTRIES 10,000
    PRAIRIE BELT BLUES FOUNDATION
    PO BOX 1334
    WEST POINT,MS397731334     		  PC SUPPORT OF FOUNDATION 2,500
    SAINT JOSEPH CATHOLIC SCHOOL
    308 NEW MANNSDALE ROAD
    MADISON,MS39110     		  PC EDUCATIONAL OUTREACH 5,500
    SAINT STANISLAUS (SSC PROGRESSION CORP)
    304 S BEACH BLVD
    BAY SAINT LOUIS,MS39520     		  PC EDUCATIONAL OUTREACH 11,000
    SPECIAL OLYMPICS MISSISSIPPI
    2906 N STATE ST SUITE 206
    JACKSON,MS392164239     		  PC SUPPORT OF ORGANIZATION THAT SERVES ATHLETES WITH INTELLECTUAL DISABILITIES 10,000
    ST GENEVIEVE CATHOLIC ELEMENTARY SCHOOL
    807 BARBIER AVE
    THIBODAUX,LA70301     		  PC EDUCATIONAL OUTREACH 5,000
    ST JAMES CATHOLIC SCHOOL
    603 WEST AVENUE
    GULFPORT,MS39507     		  PC EDUCATIONAL OUTREACH 5,000
    ST VINCENT DE PAUL COMMUNITY PHARMACY
    PO BOX 1228
    BILOXI,MS395331228     		  PC SUPPORT OF MEDICAL SUPPLY PROGRAM FOR HOMELESS 15,000
    TRINITY EPISCOPAL CHURCH
    125 CHURCH AVENUE
    PASS CHRISTIAN,MS39571     		  PC CHURCHES & RELIGIOUS ORGANIZATIONS 2,000
    UNITED MSD FOUNDATION
    2112 BIENVILLE BLVD SUITE B2
    OCEAN SPRINGS,MS39564     		  PC HEALTH 10,000
    UNITED WAY OF SOUTH MISSISSIPPI
    PO BOX 2128
    GULFPORT,MS395052128     		  PC COMMUNITY & DISASTER RELIEF 15,000
    UNITED WAY WORLDWIDE
    PO BOX 418607
    BOSTON,MA022418607     		  PC COMMUNITY & DISASTER RELIEF 5,000
    UNIVERSITY OF SOUTHERN MISSISSIPPI ATHLETIC FOUNDATION
    118 COLLEGE DRIVE 5017
    HATTIESBURG,MS39406     		  PC RECREATION, SPORTS & YOUTH DEVELOPMENT 2,500
    WESTERN CAROLINA YOUTH AVIATION FOUNDATION
    PO BOX 1399
    HAYESVILLE,NC289041399     		  PC RECREATION, SPORTS & YOUTH DEVELOPMENT 5,000
    Total .................................bullet 3a 571,050
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    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
    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 ............     		    18 913,593  
    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) .. 0 1,273,316 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,273,316
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		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)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    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
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    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
    2a
    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? ...........
    b
    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.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    LEO W SEAL JR FAMILY FOUNDATION
     
    Employer identification number

    72-1373522
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    LEO W SEAL JR FAMILY FOUNDATION
          		Employer identification number
    72-1373522
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    LEO W SEAL MARITAL TRUST
     
    ONE HANCOCK PLAZA
     
    GULFPORT, MS39501

    		$ 82,397


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    LEO W SEAL JR FAMILY FOUNDATION
          		Employer identification number

    72-1373522
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    LEO W SEAL JR FAMILY FOUNDATION
          		Employer identification number

    72-1373522
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    LEO W SEAL JR FAMILY FOUNDATION
    EIN:
    72-1373522
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,441 0   1,441

    TY 2021 InvestmentsOtherSchedule2
    Name:
    LEO W SEAL JR FAMILY FOUNDATION
    EIN:
    72-1373522
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    HANCOCK WHITNEY IMA AT COST 12,640,133 14,196,800

    TY 2021 OtherExpensesSchedule
    Name:
    LEO W SEAL JR FAMILY FOUNDATION
    EIN:
    72-1373522
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES 47,801 47,801   0
    MISCELLANEOUS EXPENSE 25 0   0
    POSTAGE 165 0   165
    INTERNET CHARGES 420 0   420
    SOFTWARE EXPENSE 449 0   449


    TY 2021 OtherIncreasesSchedule
    Name:
    LEO W SEAL JR FAMILY FOUNDATION
    EIN:
    72-1373522
    Description Amount
    GRANTS RECOVERED IN CURRENT YEAR 16,550


    TY 2021 TaxesSchedule
    Name:
    LEO W SEAL JR FAMILY FOUNDATION
    EIN:
    72-1373522
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 134,914 134,914   0
    FOREIGN TAX ON INVESTMENTS 90 90   0