TY 2022 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.
right arrow

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

OMB No. 1545-0047

2022

Open to Public Inspection

For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022

Name of foundation
FEILD CO-OPERATIVE ASSOCIATION

Number and street (or P.O. box number if mail is not delivered to street address)1076 HIGHLAND COLONY PARKWAY 175
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
RIDGELAND, MS39157

A Employer identification number

64-0155700

B Telephone number (see instructions)

(601) 713-2312

C If exemption application is pending, check here right arrow

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............. right arrow

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

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

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 ....... right arrow

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

$26,595,166J 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	32		32
4	Dividends and interest from securities...	382,434		362,476
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,050,434
b	Gross sales price for all assets on line 6a 5,090,915
7	Capital gain net income (from Part IV, line 2)...			1,069,076
8	Net short-term capital gain.........
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).......	List of Attached Documents: // Content	335,940	193,327	0
12	Total. Add lines 1 through 11........	1,768,840		1,624,911	0
13	Compensation of officers, directors, trustees, etc.	73,800		7,362	0	66,438
14	Other employee salaries and wages......	40,500		36,620	0	3,880
15	Pension plans, employee benefits.......	24,547		0	0	24,547
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	32,299	1,998	0	27,571
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	129,065	129,065	0	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	13,613	4,425	0	5,895
19	Depreciation (attach schedule) and depletion...		13,572	0	0
20	Occupancy..............	59,220		0	0	59,220
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	72,872	47,694	0	25,177
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	459,488		227,164	0	212,728
25	Contributions, gifts, grants paid.......	1,000,000				1,000,000
26	Total expenses and disbursements. Add lines 24 and 25	1,459,488		227,164	0	1,212,728
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	309,352
b	Net investment income (if negative, enter -0-)			1,397,747
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2022)

Form 990-PF (2022)

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.............	100	100	100
	2	Savings and temporary cash investments.........	563,351	631,069	631,069
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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
	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).......	31,044,901	List of Attached Documents: // Content 22,052,852	22,052,852
	c	Investments—corporate bonds (attach schedule).......	1,148,170	List of Attached Documents: // Content 936,087	936,087
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	37,033	List of Attached Documents: // Content 37,033	37,033
	14	Land, buildings, and equipment: basis 135,723
		Less: accumulated depreciation (attach schedule) 70,124	79,172	65,599	65,599
	15	Other assets (describe )	List of Attached Documents: // Content 2,625,467	List of Attached Documents: // Content 2,872,426	List of Attached Documents: // Content 2,872,426
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	35,498,194	26,595,166	26,595,166
	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 )	List of Attached Documents: // Content 257,248	List of Attached Documents: // Content 394,485
	23	Total liabilities (add lines 17 through 22).........	257,248	394,485
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	35,240,946	26,200,681
	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........
	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).....	35,240,946	26,200,681
	30	Total liabilities and net assets/fund balances (see instructions).	35,498,194	26,595,166

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) ...............

35,240,946

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

309,352

Other increases not included in line 2 (itemize) right arrow

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

35,550,298

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

9,349,617

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

26,200,681

Form 990-PF (2022)

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
1 a	PUBLICALLY TRADED SECURITIES - SHORT TERM
b	PUBLICALLY TRADED SECURITIES - LONG TERM
c	CAPITAL GAINS DIVIDENDS	P
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	893,590	908,621	-15,031
b	4,150,829	3,113,218	1,037,611
c	46,496		46,496
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			-15,031
b			1,037,611
c			46,496
d
e

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	1,069,076
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 (2022)

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)	1	19,429
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	19,429
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	19,429
6	Credits/Payments:

a	2022 estimated tax payments and 2021 overpayment credited to 2022	6a	25,600
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	25,600
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. List of Attached Documents: // Content		8	26
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	6,145
11	Enter the amount of line 10 to be: Credited to 2023 estimated tax6,145	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. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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?.........

Yes

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

Yes

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)

MS, TN

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 2022 or the taxable year beginning in 2022? 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 (2022)

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 .............

Yes

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 right arrow

HTTPS://WWW.FEILDCOOPERATIVE.ORG

The books are in care of right arrow

MRS SUSIE CULIPHER Telephone no. right arrow

(601) 713-2312

Located at right arrow

1076 HIGHLAND COLONY PARKWAY SUITE175RIDGELANDMS ZIP+4 right arrow

39157

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

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

16 At any time during calendar year 2022, 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 right arrow

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 ........ right arrow

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 2022? .............

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 2022, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2022?....................

If "Yes," list the years right arrow

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 2022 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 2022.) .....................

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 2022? ..

Form 990-PF (2022)

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)

Yes

(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 ........

Yes

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

Yes

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

List of Attached Documents:

// Content

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-)
WILLIAM M LINK JR	CHAIRMAN 0.25	350
1076 HIGHLAND COLONY PARKWAY SUITE 175 RIDGELAND,MS39157	CHAIRMAN 0.25	350
B BRYAN JONES III	PRESIDENT 4.00	12,350
1076 HIGHLAND COLONY PARKWAY SUITE 175 RIDGELAND,MS39157	PRESIDENT 4.00	12,350
HOBSON C MCGEHEE III	FIRST VICE PRESIDENT 2.00	5,350
1076 HIGHLAND COLONY PARKWAY SUITE 175 RIDGELAND,MS39157	FIRST VICE PRESIDENT 2.00	5,350
CYNTHIA J THOMPSON	SECOND VICE PRESIDENT 0.25	350
1076 HIGHLAND COLONY PARKWAY SUITE 175 RIDGELAND,MS39157	SECOND VICE PRESIDENT 0.25	350
SUSIE CULIPHER	SECRETARY/TREASURER 40.00	49,175
1076 HIGHLAND COLONY PARKWAY SUITE 175 RIDGELAND,MS39157	SECRETARY/TREASURER 40.00	49,175
AMANDA LINK GREENLEE	DIRECTOR 0.25	350
1076 HIGHLAND COLONY PARKWAY SUITE 175 RIDGELAND,MS39157	DIRECTOR 0.25	350
JOHN HENRY JACKSON	DIRECTOR 0.25	0
1076 HIGHLAND COLONY PARKWAY SUITE 175 RIDGELAND,MS39157	DIRECTOR 0.25	0
BERNARD B JONES IV	DIRECTOR 0.25	350
1076 HIGHLAND COLONY PARKWAY SUITE 175 RIDGELAND,MS39157	DIRECTOR 0.25	350
PAUL W CALHOUN TERM ENDED 123122	DIRECTOR 2.00	5,000
1076 HIGHLAND COLONY PARKWAY SUITE 175 RIDGELAND,MS39157	DIRECTOR 2.00	5,000

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 (2022)

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............. right arrow

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	CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS	1,000,000
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	STUDENT LOANS	578,400
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

578,400

Form 990-PF (2022)

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...................

25,549,767

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

910,438

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

326,155

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

26,786,360

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.........................

26,786,360

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

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

401,795

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

26,384,565

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

1,319,228

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..................

1,319,228

Tax on investment income for 2022 from Part V, line 5.......

19,429

Income tax for 2022. (This does not include the tax from Part V.) ...

2,800

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

22,229

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

1,296,999

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

331,489

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

1,628,488

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

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

1,628,488

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 ..........

1,212,728

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

578,400

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. .......

1,791,128

Form 990-PF (2022)

Page 9

Part XII

Undistributed Income (see instructions)

	(a) Corpus	(b) Years prior to 2021	(c) 2021	(d) 2022
1 Distributable amount for 2022 from Part X, line 7				1,628,488
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only.......			1,402,559
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2022:
a From 2017......
b From 2018......
c From 2019......
d From 2020......
e From 2021......
f Total of lines 3a through e ........	0
4Qualifying distributions for 2022 from Part
XI, line 4: $ 1,791,128
a Applied to 2021, but not more than line 2a			1,402,559
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 2022 distributable amount.....				388,569
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2022.	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 2021. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2022. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2023 ..........				1,239,919
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 2017 not applied on line 5 or line 7 (see instructions) ...	0
9 Excess distributions carryover to 2023. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2018....
b Excess from 2019....
c Excess from 2020....
d Excess from 2021....
e Excess from 2022....

Form 990-PF (2022)

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 2022, enter the date of the ruling ...... right arrow

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 IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2022	(b) 2021	(c) 2020	(d) 2019	(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).)

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 right arrow

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 e-mail address of the person to whom applications should be addressed:

SUSIE CULIPHER
1076 HIGHLAND COLONY PARKWAY STE
175
RIDGELAND,MS39157
(601) 713-2312

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

STUDENT LOAN FUND APPLICATIONS ARE AVAILABLE UPON REQUEST

cAny submission deadlines:

6-8 WEEKS BEFORE A SEMESTER BEGINS

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

LIMITED TO RESIDENTS OF THE STATE OF MISSISSIPPI

Form 990-PF (2022)

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
AFRICAN BIBLE COLLEGE 5343 CLINTON BLVD JACKSON,MS39209	NONE	PUBLIC	GENERAL SUPPORT	20,000
BB KING MUSEUM AND DELTA INTERPRETIVE CENTER 400 SECOND STREET INDIANOLA,MS38751	NONE	PUBLIC	GENERAL SUPPORT	5,000
BAPTIST HEALTH FOUNDATION 1225 N STATE STREET JACKSON,MS39202	NONE	PUBLIC	GENERAL SUPPORT	71,500
BELHAVEN COLLEGE SCHOLARSHIP 1500 PEACHTREE STREET JACKSON,MS392022002	NONE	PUBLIC	GENERAL SUPPORT	25,000
BOY SCOUTS OF AMERICA ANDREW JACKSON COUNCIL 8065 OLD PORT GIBSON ROAD HAZLEHURST,MS39083	NONE	PUBLIC	GENERAL SUPPORT	10,000
BRISTOW HISTORICAL SOCIETY INC PO BOX 1224 BRISTOW,OK74010	NONE	PUBLIC	GENERAL SUPPORT	25,000
CENTER FOR PREGNANCY CHOICES PO BOX 55664 JACKSON,MS392965664	NONE	PUBLIC	GENERAL SUPPORT	10,000
CENTER FOR VIOLENCE PREVENTION PO BOX 6279 PEARL,MS392886279	NONE	PUBLIC	GENERAL SUPPORT	30,000
CHILDRENS OF MS - UMMC 2500 N STATE STREET JACKSON,MS39216	NONE	PUBLIC	GENERAL SUPPORT	50,000
CROSS ROADS MINISTRIES PO BOX 3075 RIDGELAND,MS39158	NONE	PUBLIC	GENERAL SUPPORT	5,000
CYSTIC FIBROSIS FOUNDATION 6931 ARLINGTON ROAD BETHESDA,MD20814	NONE	PUBLIC	GENERAL SUPPORT	10,000
DELTA COUNCIL ADULT LITERARY CENTER - BF SMITH FOUNDATION 433 STONEVILLE ROAD STONEVILLE,MS38776	NONE	PRIVATE	GENERAL SUPPORT	10,000
DELTA STREETS ACADEMY PO BOX 9895 GREENWOOD,MS38930	NONE	PUBLIC	GENERAL SUPPORT	20,000
EMPOWER MS 741 AVIGNON DRIVE SUITE C RIDGELAND,MS39157	NONE	PUBLIC	GENERAL SUPPORT	20,000
FATHERS IN THE FIELD 6796 N FRANKLIN AVENUE LOVELAND,CO80538	NONE	PUBLIC	GENERAL SUPPORT	25,000
FELLOWSHIP OF CHRISTIAN ATHLETES US-51 RIDGELAND,MS39157	NONE	PUBLIC	GENERAL SUPPORT	25,000
FIRST PRESBYTERIAN DAY SCHOOL 1390 N STATE ST JACKSON,MS39202	NONE	PUBLIC	GENERAL SUPPORT	10,000
FOUNDATION FOR MISSISSIPPI WILDLIFE FISHERIES AND PARKS PO BOX 14194 JACKSON,MS39236	NONE	PUBLIC	GENERAL SUPPORT	26,000
GATEWAY RESCUE MISSION 328 S GALLATIN STREET JACKSON,MS39203	NONE	PUBLIC	GENERAL SUPPORT	5,000
GIRL SCOUTS OF GREATER MISSISSIPPI 1471 W COUNTY LINE ROAD JACKSON,MS39213	NONE	PUBLIC	GENERAL SUPPORT	5,000
IN HIS STEPS MINISTRIES PO BOX 827 CANTON,MS39046	NONE	PUBLIC	GENERAL SUPPORT	7,000
JACKSON PREPARATORY SCHOOL FOUNDATION 3100 LAKELAND DRIVE JACKSON,MS39232	NONE	PUBLIC	GENERAL SUPPORT	35,000
JH EVERLASTING ADVENTURES 402 OFFICE PARK DRIVE BIRMINGHAM,AL35223	NONE	PUBLIC	GENERAL SUPPORT	25,000
JUNIOR LEAGUE OF JACKSON 805 RIVERSIDE DRIVE JACKSON,MS39202	NONE	PUBLIC	GENERAL SUPPORT	3,000
LIFELINE CHILDREN'S SERVICES 100 MISSIONARY RIDGE BIRMINGHAM,AL35242	NONE	PUBLIC	GENERAL SUPPORT	30,000
MADISON RIDGELAND ACADEMY 7601 OLD CANTON RD MADISON,MS39110	NONE	PUBLIC	GENERAL SUPPORT	35,000
MAGNOLIA SPEECH SCHOOL 733 N FLAG CHAPEL ROAD JACKSON,MS392092206	NONE	PUBLIC	GENERAL SUPPORT	50,000
MAKE A WISH MISSISSIPPI 576 HIGHLAND COLONY PARKWAY SUITE 120 RIDGELAND,MS39157	NONE	PUBLIC	GENERAL SUPPORT	10,000
MANCHESTER ACADEMY 2132 GORDON AVE YAZOO CITY,MS39194	NONE	PUBLIC	GENERAL SUPPORT	10,000
MILLSAPSKENNETH WILLS MEMORIAL 1701 NORTH STATE STREET JACKSON,MS392100001	NONE	PUBLIC	GENERAL SUPPORT	5,000
MISSION MISSISSIPPI 840 E RIVER PL 506 JACKSON,MS39202	NONE	PUBLIC	GENERAL SUPPORT	10,000
MISSISSIPPI BOOK FESTIVAL FUND 119 PRESIDENT STREET JACKSON,MS39201	NONE	PUBLIC	GENERAL SUPPORT	17,500
MISSISSIPPI CHILDREN'S MUSEUM 2145 HIGHLAND DRIVE JACKSON,MS39202	NONE	PUBLIC	GENERAL SUPPORT	15,000
MISSISSIPPI MUSEUM OF ART 380 SOUTH LAMAR STREET JACKSON,MS39201	NONE	PUBLIC	GENERAL SUPPORT	10,000
MISSISSIPPI MUSEUM OF NATURAL SCIENCE 2148 RIVERSIDE DRIVE JACKSON,MS392021353	NONE	PUBLIC	GENERAL SUPPORT	15,000
MISSISSIPPI OPERA ASSOCIATION 201 E PASCAGOULA STREET 105 JACKSON,MS39201	NONE	PUBLIC	GENERAL SUPPORT	10,000
MISSISSIPPI SYMPHONY ORCHESTRA 201 EAST PASCAGOULA STREET JACKSON,MS39201	NONE	PUBLIC	GENERAL SUPPORT	10,000
MS CENTER FOR PUBLIC POLICY 520 GEORGE STREET JACKSON,MS39202	NONE	PUBLIC	GENERAL SUPPORT	40,000
NEW STAGE 1100 CARLISLE STREET JACKSON,MS39202	NONE	PUBLIC	GENERAL SUPPORT	5,000
PALMER HOME FOR CHILDREN PO BOX 746 COLUMBUS,MS39703	NONE	PUBLIC	GENERAL SUPPORT	25,000
PEARSON FOUNDATION 206 OLD WHITFIELD ROAD PEARL,MS39208	NONE	PUBLIC	GENERAL SUPPORT	5,000
PINEY WOODS COUNTRY SCHOOL PO BOX 57 PINEY WOODS,MS39148	NONE	PUBLIC	GENERAL SUPPORT	25,000
REAL CHRISTIAN FOUNDATION PO BOX 180059 RICHLAND,MS39218	NONE	PUBLIC	GENERAL SUPPORT	5,000
REFORMED UNIVERSITY MINISTRIES 1438 NORTH STATE STREET JACKSON,MS39202	NONE	PUBLIC	GENERAL SUPPORT	35,000
ST DOMINIC'S HEALTH SERVICES FOUNDATION 969 LAKELAND DR JACKSON,MS39216	NONE	PUBLIC	GENERAL SUPPORT	20,000
SUNNYBROOK CHILDREN'S HOME INC 222 SUNNYBROOK ROAD RIDGELAND,MS39157	NONE	PUBLIC	GENERAL SUPPORT	30,000
TK MARTIN CENTER PO BOX 9736 MISSISSIPPI STATE,MS39762	NONE	PUBLIC	GENERAL SUPPORT	10,000
TEACH FOR AMERICA 299 SOUTH 9TH STREET SUITE 212 OXFORD,MS38655	NONE	PUBLIC	GENERAL SUPPORT	25,000
THE FIRST TEE OF CENTRAL MISSISSIPPI 4209 LAKELAND DRIVE FLOWOOD,MS39232	NONE	PUBLIC	GENERAL SUPPORT	5,000
THE NATURE CONSERVANCY 7716 OLD CANTON ROAD SUITE A MADISON,MS39110	NONE	PUBLIC	GENERAL SUPPORT	10,000
VELMA JACKSON HIGH SCHOOL 2000 LORING ROAD CAMDEN,MS39045	NONE	PUBLIC	GENERAL SUPPORT	25,000
WE WILL GO 806 N FARISH STREET JACKSON,MS39202	NONE	PUBLIC	GENERAL SUPPORT	30,000
Total ................................. 3a				1,000,000

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2022)

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 ...........			14	32
4 Dividends and interest from securities ....			14	382,434
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 ............			14	1,050,434
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aSTUDENT LOAN INTEREST					87,505
bROYALTY EARNINGS			15	105,822	0
cDEFERRED EXCISE TAX BENEFIT					107,282
dJOMAC PROPERTIES LP	211100	-245			0
ePICCADILLY STREET PARTNERS LLC	211100	39,226			0
fDORCHESTER MINERALS LP	211100	-3,650
12 Subtotal. Add columns (b), (d), and (e) ..		35,331		1,538,722	194,787

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

1,768,840

(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.)
11A	THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO AID AND ASSIST BOYS AND GIRLS IN OBTAINING AN EDUCATION. THE ACTIVITY OF PROVIDING STUDENT LOANS AND COLLECTING INTEREST ON SAID LOANS IS ONE OF THE MEANS BY WHICH IT ACCOMPLISHES THIS EXEMPT PURPOSE.

Form 990-PF (2022)

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 (2022)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2022 AccountingFeesSchedule

Name:

FEILD CO-OPERATIVE ASSOCIATION

EIN:

64-0155700

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	32,299	1,998	0	27,571

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2022 ExpenditureResponsibilityStmt

Name:

FEILD CO-OPERATIVE ASSOCIATION

EIN:

64-0155700

Grantee's Name	Grantee's Address	Grant Date	Grant Amount	Grant Purpose	Amount Expended By Grantee	Any Diversion By Grantee?	Dates of Reports By Grantee	Date of Verification	Results of Verification
BF SMITH FOUNDATION	433 STONEVILE ROAD STONEVILLE,MS38776	2021-12-15	10,000	GENERAL SUPPORT FOR THE FOUNDATION'S ADULT LITERACY PROGRAM (TO ASSIST AND EDUCATE IN INSTRUCTION AND RESEARCH OF ADULT LITERACY PROGRAMS IN THE MISSISSIPPI DELTA)	10,000	NONE	11/22/22	2022-11-22	GRANT SPENT SOLELY FOR THE PURPOSE FOR WHICH IT WAS MADE

- TIN:

TY 2022 GeneralExplanationAttachment

Name:

FEILD CO-OPERATIVE ASSOCIATION

EIN:

64-0155700

Identifier	Return Reference	Explanation
	FORM 990, PART VII-A, QUESTION 11:	CONTROLLED ENTITY PER SECTION 512(B)(13)FEILD STUDENT LOANS, LLC1076 HIGHLAND COLONY PARKWAYRIDGELAND, MS 39157EIN: 85-1248743100% OWNED BY FEILD CO-OPERATIVE ASSOCIATIONSINGLE MEMBER LIMITED LIABILITY COMPANY - DISREGARDED ENTITY

- TIN:

TY 2022 InvestmentsCorpBondsSchedule

Name:

FEILD CO-OPERATIVE ASSOCIATION

EIN:

64-0155700

Name of Bond	End of Year Book Value	End of Year Fair Market Value
EATON VANCE SHORT DURATION STRATEGIC INCOME F	73,330	73,330
DOUBLELINE LOW DURATION BOND FUND INST	61,234	61,234
GUGGENHEIM FLOATING RATE FUD	94,060	94,060
JP MORGAN CORE PLUS BOND FUND R6	133,720	133,720
LORD ABBETT SHT DUR INCOME-F	153,336	153,336
PIMCO INCOME FUND	125,129	125,129
VANGUARD ULTRA SHORT TERM BOND ADMIRAL	80,246	80,246
VOYA STRATEGIC INCOME OPPORTUNITIES FUND I	215,032	215,032

- TIN:

TY 2022 InvestmentsCorpStockSchedule

Name:

FEILD CO-OPERATIVE ASSOCIATION

EIN:

64-0155700

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABORATORIES	36,670	36,670
ABBVIE INC.	69,977	69,977
ACCENTURE PLC	42,961	42,961
ACHIEVE LIFE SCIENCES	7,350	7,350
ACTIVISION BILZZARD, INC.	28,936	28,936
AGCO CORP COM	335,352	335,352
AIRBNB INC	8,550	8,550
AIR PRODUCTS & CHEMICALS	29,293	29,293
ALLY FINANCIAL INC	1,760	1,760
ALPH ALERIAN MLP ETF	19,035	19,035
ALPHABET INC CLASS A	26,469	26,469
ALPHABET INC CLASS C	501,058	501,058
ALTRIA GROUP INC	50,281	50,281
AMAZON.COM INC	772,800	772,800
AMERICAN FUNDS BALANCED FUND CL A	135,087	135,087
AMERICAN FUNDS CAPITAL INCOME BUILDER FUND CL A	76,398	76,398
AMERICAN FUNDS EUROPACIFIC GROWTH FUND	117,423	117,423
AMERICAN FUNDS INCOME FUND OF AMERICA FD CLA	71,087	71,087
AMERICAN INTL GROUP INC	18,972	18,972
AMERICAN TOWER CORP NEW	8,263	8,263
AMGEN INC.	46,225	46,225
ANCHOR RISK MANAGED EQUITY STRATEGIES ADV	82,312	82,312
AON PLC SHS CL A	516,241	516,241
APPLE COMPUTER INC.	167,043	167,043
APPLIED MATERIALS INC	7,888	7,888
ARES CAPITAL CORP	46,175	46,175
ARES REAL ESTATE INCMOME TRUST CLASS E REIT	251,782	251,782
ARTHUR J GALLAGHER & CO	24,510	24,510
ARTISAN INTL VALUE FUND - INV	62,078	62,078
AT&T INCORPORATED	36,820	36,820
ATLAS CORP	18,408	18,408
AUTOMATIC DATA PROCESSING	65,925	65,925
BANCPLUS	133,500	133,500
BARON DISCOVERY INSTL	37,588	37,588
BARRICK GOLD CORP	15,462	15,462
BECTON DICKINSON CO	14,241	14,241
BERKSHIRE HATHAWAY CL-B	387,361	387,361
BEST BUY INCORPORATED	14,480	14,480
BIOGEN INC	15,231	15,231
BLACK KNIGHT INC	372,353	372,353
BLACKSTONE INC	52,081	52,081
BOSTON SCIENTIFIC CORP	21,284	21,284
BP PLC ADS	10,479	10,479
BRISTOL MYERS SQUIBB CO.	36,191	36,191
BROADCOM INC	35,225	35,225
BROOKFIELD INFRASTRUCTURE CORP CLASS A	29,292	29,292
CAL-MAINE FOODS INC	14,974	14,974
CAMECO CORP	20,403	20,403
CAPITAL ONE FINANCIAL CORP	3,718	3,718
CARMAX INC	276,745	276,745
CATERPILLAR INC	13,654	13,654
CBRE GROUP INC CL A	5,233	5,233
CHEVRON TEXACO CORP	215,388	215,388
CHEWY INC	336,316	336,316
CHUBB LIMITED	56,191	56,191
CISCO SYS INC.	72,863	72,863
CME GROUP INCORPORATED	61,654	61,654
CNX RESOURCES CORP	11,788	11,788
COCA COLA CO	237,774	237,774
COGNET COMMUNICATIONS HOLDINGS INC	266,849	266,849
COLUMBIA CONVERTIBLE SECURITIES FUND	123,447	123,447
COMCAST CORP	36,231	36,231
COMPASS DIVERSIFIED HOLDINGS	8,204	8,204
COMPASS MINERALS INT'L. INC.	12,300	12,300
CONAGRA BRANDS INC	10,565	10,565
CONOCO PHILLIPS	16,520	16,520
CONSTELLATION BRANDS, INC.	9,502	9,502
CORTEVA INC	18,281	18,281
COSTCO WHOLESALE CORP	17,804	17,804
CROWN CASTLE INTRL CORP NEW	21,838	21,838
DARDEN RESTRAURANTS	24,058	24,058
DEVON ENERGY CORPORATION	58,900	58,900
DIGITAL REALTY TRUST INC	18,049	18,049
DIGITAL TURBINE INC	7,620	7,620
DORCHESTER MINERALS LTD PARTNERSHIP	26,937	26,937
DOW INC	7,559	7,559
EATON CORPORATION PLC	69,400	69,400
EATON VANCE TAX-MANAGED BUY-WRITE OPP FD	78,592	78,592
ECOLAB INC.	345,705	345,705
ECOVYST INC	8,860	8,860
EDWARDS LIFESCIENCES, CORP	9,923	9,923
ELI LILLY & CO.	68,046	68,046
ENBRIDGE INC	36,480	36,480
ENCOMPASS HEALTH CORP	429,376	429,376
EQT CORPORATION	19,080	19,080
EXXON MOBILE CORP.	4,412	4,412
EZCORP INC CL A	12,225	12,225
FARMER BROTHERS COMPANY	6,454	6,454
FASTENAL COMPANY	22,808	22,808
FIDELITY 500 INDEX FUND	188,660	188,660
FIRSTENERGY CORP	12,582	12,582
FRANKIN GROWTH A	202,592	202,592
FRANKIN INCOME A1	337,233	337,233
FRANKIN INCOME FUND CL A1	350,193	350,193
FREEPORT-MCMORAN CL-B	243,200	243,200
GAMING & LEISURE PPTYS INC COM	15,627	15,627
GILEAD SCIENCES INC	17,170	17,170
GODADDY INC	307,585	307,585
GOLDMAN SACHS GQG PARTNERS INTERNATIONAL INST	57,130	57,130
GOLDMAN SACHS US EQUITY DIV & PREMIUM FUND	121,433	121,433
HOME DEPOT, INC.	73,690	73,690
HONEY WELL INTERNATIONAL INC.	20,359	20,359
HUMANA INC	8,195	8,195
HUNTINGTON BANCHSHARES INCORPORATED	56,400	56,400
IAC INC NEW	8,880	8,880
IDEXX LABORATORIES INC	701,283	701,283
INTEL CORP	10,731	10,731
INTERCONTINETAL EXCHANGE INC	7,592	7,592
INTERNATIONAL BUSINESS MACHINES	38,040	38,040
INVESCO S&P 500 LOW VOLATILITY	37,190	37,190
ISHARES EDGE MSCI MIN VOL USA	39,943	39,943
ISHARES EDGE MSCI US VALUE FAC	28,709	28,709
ISHARES RUSSELL 1000 INDEX	179,404	179,404
ISHARES S&P 500 GRWTH ETF	18,895	18,895
ISHARES S&P 500 VAL ETF	21,325	21,325
ISHARES SP500 INDEX FUND	303,910	303,910
JOHNSON & JOHNSON	35,630	35,630
JP MORGAN CHASE & CO	693,830	693,830
JP MORGAN LARGE CAP GROWTH FUND R6	51,216	51,216
KENNEDY-WILSON HOLDINGS INC	9,438	9,438
KEYCORP	8,710	8,710
KOPERNIK GLOBAL ALL CAP INSTL CL	18,068	18,068
KORNIT DIGITAL LTD	190,651	190,651
KYNDRYL HLDGS	222	222
L3HARRIS TECHNOLOGIES INC	54,551	54,551
LAM RESEARCH CORPORATION	21,856	21,856
LEVY STRAUSS & CO	8,536	8,536
LIVE NATION ENTERTAINMENT INC	237,116	237,116
LOCKHEED MARTIN CORP.	46,216	46,216
LOWES COMPANIES	25,702	25,702
LUMEN TECHNOLGIES INCORPORATED	6,264	6,264
M&T BANK CORPORATION	16,827	16,827
MADISON SQUARE GARDEN ENTERTAINMENT CORP	7,195	7,195
MARTHON PETE CORPORATION	91,528	91,528
MARVELL TECHNOLOGY INC	324,285	324,285
MEDTRONIC PLC	25,360	25,360
MERCK & COMPANY INCORPORATED	79,089	79,089
META PLATFORMSS INC CL A	15,043	15,043
MICROSOFT CORP.	754,371	754,371
MONDELEZ INTERNATIONAL INC	46,389	46,389
MONOLITHIC POWER SYSTEMS	21,217	21,217
MORGAN STANLEY	9,267	9,267
MOTOROLA SOLUTIONS INCORPORATED	73,335	73,335
NEUBERGER BERMAN LARGE CAP VALUE FUND	147,603	147,603
NEWMONT CORP	11,611	11,611
NEXTERA ENERGY INC.	33,440	33,440
NORFOLD SOUTHERN CORP	7,393	7,393
NOYO NORDISK A/S ADR	8,526	8,526
NVIDIA	22,359	22,359
NXP SEMICONDUCTORS NV	21,334	21,334
ONEOK INC	30,879	30,879
PALO ALTO NETWORKS INC	17,163	17,163
PAR TECHNOLOGY CORP	6,517	6,517
PEPSICO INC	110,744	110,744
PFIZER, INC.	63,998	63,998
PHILIP MORRIS INTL INC	60,726	60,726
PIMCO ENHANCED SHRT MTRT EXC	23,183	23,183
PLAINS GP HLDG LP PARTN INT A	12,440	12,440
PROCTER & GAMBLE CO.	178,235	178,235
PROGRESSIVE CORP	10,896	10,896
PROLOGIS INCX COM	28,972	28,972
PRUDENTIAL FINANCIAL INC.	17,704	17,704
QUANTA SERVICES INC	8,122	8,122
QUEST DIAGNOSTICS INC.	35,668	35,668
RANGE RESOURCES CORP	25,020	25,020
RAYTHEON TECHNOLOGIES CORP	11,101	11,101
ROLLINS INC	551,937	551,937
SANOFI ADR	10,993	10,993
SCOTTS MIRACLE-GRO CO	4,859	4,859
SEALED AIR CP	5,487	5,487
SECTOR ENERGY SELECT SECTOR SPDR ETF	21,867	21,867
SPDR BLOOMERG 1-3 MONTH T-B	50,949	50,949
STONEX GROUP INC	16,201	16,201
STRYKER CORPORATION	630,051	630,051
SYSCO CORP	29,433	29,433
TAIWAN SMCNDCTR MFG CO LTD	9,163	9,163
TARGET CORP	24,591	24,591
TECK RESOURCES LTD CL B	18,910	18,910
TEXAS INSTRUMENTS INC.	64,436	64,436
TEXAS PACIFIC LAND CORP	23,442	23,442
THE PROGRESSIVE CORPORATION	63,817	63,817
THERMO FISHER SCIENTIFIC INC.	16,521	16,521
TJX COMPANIES INC.	28,338	28,338
TREEHOUSE FOODS INC.	371,337	371,337
TRUST FINL CORP	85,027	85,027
TRUSTMARK CORP	418,920	418,920
TYLER TECHNOLOGIES INC	196,348	196,348
UNILEVER PLC	15,105	15,105
UNION PAC CORPORATION	55,275	55,275
UNITED HEALTH GROUP INC	38,173	38,173
UNTIED PARCEL SERVICE, INC.	16,862	16,862
VALEO ENERGY CORP	50,871	50,871
VALMONT INDUSTRIES INC	618,353	618,353
VANGUARD GROWTH ETF	36,229	36,229
VEEVA SYSTEMS INC	296,132	296,132
VENTAS INCORPORATED REIT	9,010	9,010
VERIZON COMMUNICATIONS INCORPATED	28,993	28,993
VERRA MOBILITY CORP CL A COMMON STK	242,509	242,509
VERTEX PHARMACEUTICALS INC	15,883	15,883
VIASAT INC	15,825	15,825
VIEMED HEALTHCARE INC	15,120	15,120
VISA INC.	1,036,515	1,036,515
WALMART INCORPORATED	44,898	44,898
WARNER BROS DISCOVERY INC	8,921	8,921
WATSCO INC	241,918	241,918
WELLS FARGO & CO	49,548	49,548
WEYERHAEUSER C0	31,000	31,000
WHIETESONE REIT	9,640	9,640
WILLIAM BLAIR INTERNATIONAL LEADERS FUND INST	29,327	29,327
WILLIAM BLAIR SM-MID CAP GR-1	37,669	37,669
WP CAREY INCORPORATED REIT	78,150	78,150
WW GRAINGER, INC.	47,838	47,838
YETI HLDGS INC	630,184	630,184
ZOETIS INC	556,157	556,157

- TIN:

TY 2022 InvestmentsOtherSchedule2

Name:

FEILD CO-OPERATIVE ASSOCIATION

EIN:

64-0155700

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
OIL ROYALTY INTEREST	FMV	13,536	13,536
JONES O'BRIEN OIL INVESTMENT	FMV	23,497	23,497

- TIN:

TY 2022 OtherAssetsSchedule

Name:

FEILD CO-OPERATIVE ASSOCIATION

EIN:

64-0155700

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
STUDENT LOANS	2,625,467	2,596,658	2,596,658
OPERATING LEASE RIGHT-OF-USE ASSET	0	275,768	275,768

- TIN:

TY 2022 OtherDecreasesSchedule

Name:

FEILD CO-OPERATIVE ASSOCIATION

EIN:

64-0155700

Description	Amount
UNREALIZED GAINS/LOSSES ON STOCKS AND BONDS	9,076,043
ALLOWANCE FOR UNCOLLECTIBLE LOANS	272,144
LEASE ADJUSTMENT FOR GAAP	1,430

- TIN:

TY 2022 OtherExpensesSchedule

Name:

FEILD CO-OPERATIVE ASSOCIATION

EIN:

64-0155700

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
BANK SERVICE CHARGES	3,562	0	3,561
COLLECTION AGENCY	19,059	19,059	0
COMPUTER COST	15,874	13,789	2,085
MISCELLANEOUS	11,467	2,653	8,814
OFFICE SUPPLIES	6,195	0	6,195
POSTAGE	3,011	3,011	0
TELEPHONE	4,139	0	4,139
REPAIRS AND MAINTENANCE	383	0	383
UNCOLLECTIBLE ACCOUNTS - INTEREST RECEIVABLE WO	9,182	9,182	0

- TIN:

TY 2022 OtherIncomeSchedule2

Name:

FEILD CO-OPERATIVE ASSOCIATION

EIN:

64-0155700

Description	Revenue And Expenses Per Books	Net Investment Income
STUDENT LOAN INTEREST	87,505	87,505
ROYALTY EARNINGS	105,822	105,822
DEFERRED EXCISE TAX BENEFIT	107,282
JOMAC PROPERTIES LP	-245
PICCADILLY STREET PARTNERS LLC	39,226
DORCHESTER MINERALS LP	-3,650

- TIN:

TY 2022 OtherLiabilitiesSchedule

Name:

FEILD CO-OPERATIVE ASSOCIATION

EIN:

64-0155700

Description	Beginning of Year - Book Value	End of Year - Book Value
EXCISE TAX PAYABLE	255,000	115,000
TAXES WITHHELD	2,248	2,288
OPERATING LEASE LIABILITY	0	277,197

- TIN:

TY 2022 OtherProfessionalFeesSchedule

Name:

FEILD CO-OPERATIVE ASSOCIATION

EIN:

64-0155700

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER PROFESSIONAL FEES	129,065	129,065	0	0

- TIN:

TY 2022 TaxesSchedule

Name:

FEILD CO-OPERATIVE ASSOCIATION

EIN:

64-0155700

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
FEDERAL INCOME TAX EXPENSE	2,689	0	0
FOREIGN TAXES	1,596	1,596	0
SOCIAL SECURITY TAXES	8,725	2,829	5,895
STATE INCOME TAX	603	0	0