Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo 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
THE HUGH KAUL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 11647
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM, AL35202
A Employer identification number

63-6158725
B Telephone number (see instructions)

(205) 820-3141
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$64,510,273J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 880,164 877,890  
5a Gross rents............ 32,580 32,580  
b Net rental income or (loss) 14,587
6a Net gain or (loss) from sale of assets not on line 10 5,234,276
b Gross sales price for all assets on line 6a 15,997,905
7 Capital gain net income (from Part IV, line 2)... 5,234,276
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
14,072    
12 Total. Add lines 1 through 11........ 6,161,092 6,144,746  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 193,677 154,942   38,735
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
100,669 0 0 100,669
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,500 0 0 2,500
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
208,116 12,343   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
28,714 28,403   311
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 533,676 195,688 0 142,215
25 Contributions, gifts, grants paid....... 2,044,000 2,044,000
26 Total expenses and disbursements. Add lines 24 and 25 2,577,676 195,688 0 2,186,215
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,583,416
b Net investment income (if negative, enter -0-) 5,949,058
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 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............. 0    
2 Savings and temporary cash investments......... 323,873 380,244 380,244
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow0      
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 right arrow3,464,582
Less: accumulated depreciation (attach schedule) right arrow   3,198,138 3,464,582 13,983,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 38,197,959 Click to see attachment
List of Attached Documents:
// Content
41,822,178 		49,222,772
14 Land, buildings, and equipment: basis right arrow7,123
Less: accumulated depreciation (attach schedule) right arrow7,123     7,123
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
451,794 		Click to see attachment
List of Attached Documents:
// Content
328,737 		Click to see attachment
List of Attached Documents:
// Content
917,134
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 42,171,764 45,995,741 64,510,273
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 right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 42,171,764 45,995,741
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)..... 42,171,764 45,995,741
30 Total liabilities and net assets/fund balances (see instructions). 42,171,764 45,995,741
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
42,171,764
2
Enter amount from Part I, line 27a .....................
2
3,583,416
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
240,561
4
Add lines 1, 2, and 3 ..........................
4
45,995,741
5
Decreases not included in line 2 (itemize) right arrow
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
45,995,741
Form 990-PF (2022)
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 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 4960. BANK AMER CORP   2020-11-17 2022-01-25
b 121. FACEBOOK INC   2021-03-12 2022-01-25
c 240. GALLAGHER ARTHUR J & CO   2020-11-17 2022-01-25
d 12. MASTERCARD INC   2021-01-28 2022-01-25
e 119. MASTERCARD INC   2020-10-28 2022-01-25
605. PEPSICO INC COM   2019-08-29 2022-01-25
210. VERIZON COMMUNICATIONS COM   2020-11-17 2022-01-25
263. VISA INC   2021-12-02 2022-01-25
28. VISA INC   2020-04-14 2022-01-25
60. MASTERCARD INC   2020-04-14 2022-01-27
38. MASTERCARD INC   2020-04-14 2022-01-28
50. CHEVRON CORP   2016-06-09 2022-02-07
760. CONSTELLATION ENERGY   2020-12-11 2022-02-07
6387.411 ROWE T PRICE BLUE CHIP GROWTH FD INC   2021-12-14 2022-02-24
66815.075 ROWE T PRICE BLUE CHIP GROWTH FD INC   2016-12-15 2022-02-24
1260.627 VANGUARD INSTL INDEX FD SH BEN INT   2022-03-22 2022-05-09
955.161 VANGUARD INSTL INDEX FD SH BEN INT   2001-12-13 2022-05-09
100. WAYFAIR INC- CLASS A   2021-06-02 2022-05-12
614. WAYFAIR INC- CLASS A   2021-03-31 2022-05-12
429. WAYFAIR INC- CLASS A   2020-11-10 2022-05-13
41. WAYFAIR INC- CLASS A   2021-12-14 2022-05-16
101. WAYFAIR INC- CLASS A   2020-11-17 2022-05-16
200. WAYFAIR INC- CLASS A   2021-12-16 2022-05-17
570. CVS HEALTH CORP   2020-11-17 2022-05-18
250. CHEVRON CORP   2016-06-09 2022-05-18
550. COMCAST CORP NEW   2022-02-07 2022-05-18
310. COMCAST CORP NEW   2020-11-17 2022-05-18
50. CONOCOPHILLIPS   2019-12-05 2022-05-18
130. LILLY ELI & CO   2014-03-18 2022-05-18
200. METLIFE INC COM   2020-12-11 2022-05-18
2140. SYNCHRONY FINL   2021-01-20 2022-05-18
200. VERIZON COMMUNICATIONS COM   2020-11-17 2022-05-18
210. CHUBB LIMITED COM   2020-11-17 2022-05-18
160. LYONDELLBASELL INDU-CL A   2022-01-25 2022-05-18
889.258 VANGUARD INSTL INDEX FD SH BEN INT   2001-12-13 2022-05-23
34. APPLOVIN CORP   2021-11-10 2022-06-02
104. APPLOVIN CORP   2021-11-10 2022-06-06
60. UPSTART HOLDINGS INC   2021-11-10 2022-06-10
153. UPSTART HOLDINGS INC   2021-11-10 2022-06-14
476. UPSTART HOLDINGS INC   2021-12-03 2022-06-15
72. MASTERCARD INC   2020-04-13 2022-06-16
7. TRANSDIGM GROUP INC   2021-12-03 2022-06-16
3. TRANSDIGM GROUP INC   2020-06-19 2022-06-16
409. UPSTART HOLDINGS INC   2021-12-06 2022-06-16
146. VISA INC   2020-04-14 2022-06-16
63. MASTERCARD INC   2020-04-13 2022-06-17
22. TRANSDIGM GROUP INC   2020-06-19 2022-06-17
98. VISA INC   2020-04-16 2022-06-17
90. NVIDIA CORP   2022-01-25 2022-06-21
29. TRANSDIGM GROUP INC   2020-06-19 2022-06-21
232. COSTAR GROUP INC   2020-09-15 2022-06-22
35. NVIDIA CORP   2022-01-25 2022-06-22
22. NVIDIA CORP   2021-03-19 2022-06-22
32. TRANSDIGM GROUP INC   2020-06-19 2022-06-22
39. NVIDIA CORP   2021-03-19 2022-06-23
222. COSTAR GROUP INC   2020-09-15 2022-06-24
92. NVIDIA CORP   2021-03-19 2022-06-24
30. TRANSDIGM GROUP INC   2020-06-22 2022-06-24
35. TRANSDIGM GROUP INC   2020-06-23 2022-06-27
31. TRANSDIGM GROUP INC   2020-06-23 2022-07-01
210. UPSTART HOLDINGS INC   2021-08-11 2022-07-07
138. UPSTART HOLDINGS INC   2021-08-11 2022-07-08
1045. UPSTART HOLDINGS INC   2022-01-27 2022-07-08
23. HEICO CORP NEW   2021-02-16 2022-07-11
90. UPSTART HOLDINGS INC   2022-01-27 2022-07-11
31. HEICO CORP NEW   2021-02-16 2022-07-12
27. UPSTART HOLDINGS INC   2022-01-27 2022-07-12
242. UPSTART HOLDINGS INC   2022-01-27 2022-07-13
199. APPLOVIN CORP   2021-11-10 2022-07-18
184. APPLOVIN CORP   2021-10-22 2022-07-19
185. HEICO CORP NEW   2021-03-26 2022-07-19
471. APPLOVIN CORP   2021-10-20 2022-07-20
130. HEICO CORP NEW   2021-03-26 2022-07-20
136. APPLOVIN CORP   2021-10-21 2022-07-21
496. APPLOVIN CORP   2021-10-26 2022-07-27
489. APPLOVIN CORP   2021-10-15 2022-07-28
96. APPLOVIN CORP   2021-10-12 2022-07-29
154. APPLOVIN CORP   2021-10-12 2022-08-01
187. APPLOVIN CORP   2021-12-03 2022-08-02
1026. APPLOVIN CORP   2021-12-03 2022-08-03
152. APPLOVIN CORP   2021-12-03 2022-08-04
335. APPLOVIN CORP   2021-12-03 2022-08-05
497. AMAZON COM INC   2021-03-03 2022-08-09
38. LAM RESEARCH CORP   2021-07-22 2022-08-10
19. MASTERCARD INC   2020-04-13 2022-08-23
158. MASTERCARD INC   2020-04-15 2022-08-24
102. MASTERCARD INC   2020-04-16 2022-08-25
59. NVIDIA CORP   2021-03-19 2022-08-29
364. NVIDIA CORP   2021-03-26 2022-09-14
443. COSTAR GROUP INC   2020-09-15 2022-09-28
103. COSTAR GROUP INC   2020-09-15 2022-09-29
60. COSTAR GROUP INC   2020-09-15 2022-09-30
136. COSTAR GROUP INC   2020-09-15 2022-10-04
334. FACEBOOK INC   2021-03-12 2022-10-04
46. HEICO CORP NEW   2020-10-22 2022-10-04
412. FACEBOOK INC   2020-03-18 2022-10-05
327. HEICO CORP NEW   2020-10-29 2022-10-05
138. FACEBOOK INC   2020-03-18 2022-10-06
218. SPLUNK INC   2021-11-10 2022-10-10
236. SPLUNK INC   2021-11-10 2022-10-11
170. SPLUNK INC   2021-11-08 2022-10-12
136. SPLUNK INC   2021-10-27 2022-10-13
100. SPLUNK INC   2021-10-14 2022-10-14
189. SPLUNK INC   2021-11-11 2022-10-17
377. SPLUNK INC   2021-10-15 2022-10-17
122. SPLUNK INC   2021-10-11 2022-10-18
163. SPLUNK INC   2021-10-08 2022-10-19
369. CVS HEALTH CORP   2019-08-29 2022-10-20
190. HUBBELL INC   2020-11-17 2022-10-20
618. METLIFE INC COM   2017-03-27 2022-10-20
940. ROBERT HALF INTL INC   2021-01-20 2022-10-20
153. SPLUNK INC   2021-10-07 2022-10-20
248. TEXAS INSTRS INC   2020-11-17 2022-10-20
40. LYONDELLBASELL INDU-CL A   2022-01-25 2022-10-20
699. LYONDELLBASELL INDU-CL A   2020-11-17 2022-10-20
168. SPLUNK INC   2021-10-06 2022-10-21
223. APPLIED MATLS INC   2021-07-07 2022-11-15
60. LAM RESEARCH CORP   2021-07-21 2022-11-15
18. APPLIED MATLS INC   2021-07-07 2022-11-16
34. LAM RESEARCH CORP   2021-07-20 2022-11-16
154. APPLIED MATLS INC   2021-07-07 2022-11-17
21. APPLIED MATLS INC   2021-07-07 2022-11-18
234. APPLIED MATLS INC   2021-07-07 2022-11-21
5428.31861 FIDELITY INVT TR   2021-12-03 2022-12-09
104.18439 FIDELITY INVT TR   2021-12-03 2022-12-09
7362.44977 FIDELITY L/C GR INDX-INS PRM   2022-02-25 2022-12-09
2706.20023 FIDELITY L/C GR INDX-INS PRM   2022-02-25 2022-12-09
198.373 EMERALD GROWTH FUND   2021-12-14 2022-12-09
4318.339 EMERALD GROWTH FUND   2020-12-18 2022-12-09
4889.975 HARDING LOEVNER FDS INC   2021-11-12 2022-12-09
8235.294 MFS SER TR XIII   2021-12-09 2022-12-09
266.03 VANGUARD INSTL INDEX FD SH BEN INT   2022-09-22 2022-12-09
451.931 VANGUARD INSTL INDEX FD SH BEN INT   2001-12-13 2022-12-09
147. AT&T INC   2022-05-18 2022-12-12
31. CVS HEALTH CORP   2019-08-29 2022-12-12
13. CHEVRON CORP   2015-01-30 2022-12-12
51. COMCAST CORP NEW   2021-12-07 2022-12-12
95. CONOCOPHILLIPS   2019-12-05 2022-12-12
22. CROWN CASTLE INTL CORP NEW   2021-12-07 2022-12-12
169. EXELON CORP   2022-02-07 2022-12-12
33. FIDELITY NATL INFORMATION SVCS INC   2022-10-20 2022-12-12
54. GENERAL DYNAMICS CORP   2019-08-29 2022-12-12
22. GENUINE PARTS CO   2022-05-18 2022-12-12
43. HERSHEY CO   2020-11-17 2022-12-12
33. HONEYWELL INTL INC   2020-11-17 2022-12-12
24. HUBBELL INC   2020-03-16 2022-12-12
37. JOHNSON & JOHNSON   2022-01-25 2022-12-12
11. MCDONALDS CORP   2022-10-20 2022-12-12
91. MERCK & CO INC   2021-08-20 2022-12-12
34. MONDELEZ INTL INC   2022-01-25 2022-12-12
186. TRUIST FINL CORP   2021-01-20 2022-12-12
22. UNION PAC CORP   2021-08-20 2022-12-12
9. UNITEDHEALTH GROUP INC   2022-05-18 2022-12-12
15. EVEREST RE GROUP LTD   2021-12-07 2022-12-12
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 222,015   128,305 93,710
b 36,374   32,268 4,106
c 36,981   15,456 21,525
d 4,071   3,923 148
e 40,369   33,992 6,377
103,016   57,541 45,475
10,971   12,755 -1,784
52,709   52,189 520
5,612   4,890 722
21,192   16,266 4,926
14,076   10,165 3,911
6,950   5,156 1,794
35,541   21,356 14,185
945,976   1,114,475 -168,499
9,895,313   4,940,259 4,955,054
426,697   506,735 -80,038
323,303   99,547 223,756
5,582   31,678 -26,096
34,271   177,333 -143,062
24,649   105,901 -81,252
2,213   8,364 -6,151
5,452   23,947 -18,495
10,598   40,420 -29,822
53,715   37,655 16,060
42,063   25,767 16,296
23,457   27,044 -3,587
13,221   15,317 -2,096
5,258   3,016 2,242
38,556   7,738 30,818
12,713   9,259 3,454
72,098   85,201 -13,103
9,862   11,902 -2,040
43,873   25,666 18,207
17,799   14,517 3,282
300,000   92,678 207,322
1,382   3,305 -1,923
4,403   10,108 -5,705
2,264   15,201 -12,937
5,301   38,764 -33,463
16,811   99,093 -82,282
22,145   18,738 3,407
3,600   4,025 -425
1,543   1,397 146
12,913   69,518 -56,605
27,543   24,635 2,908
19,384   16,396 2,988
11,247   10,248 999
18,376   15,727 2,649
15,180   20,343 -5,163
15,206   13,508 1,698
13,278   20,033 -6,755
5,758   7,911 -2,153
3,619   2,818 801
16,879   14,906 1,973
6,312   4,995 1,317
13,599   19,170 -5,571
15,498   11,783 3,715
16,078   13,946 2,132
18,669   16,114 2,555
16,654   14,207 2,447
7,096   34,816 -27,720
3,717   22,879 -19,162
28,124   116,340 -88,216
2,459   2,663 -204
2,495   8,197 -5,702
3,333   3,589 -256
717   2,459 -1,742
6,143   22,041 -15,898
6,862   19,155 -12,293
6,449   17,484 -11,035
20,725   21,199 -474
17,615   44,715 -27,100
14,777   13,154 1,623
5,173   12,907 -7,734
17,376   46,435 -29,059
17,212   44,181 -26,969
3,391   8,368 -4,977
5,258   13,187 -7,929
6,450   15,662 -9,212
36,770   85,158 -48,388
5,483   12,616 -7,133
12,149   26,382 -14,233
68,396   77,602 -9,206
18,110   24,078 -5,968
6,545   4,945 1,600
53,820   40,886 12,934
34,705   23,554 11,151
9,382   7,557 1,825
47,760   46,373 1,387
31,752   38,253 -6,501
7,275   8,894 -1,619
4,275   5,181 -906
10,028   11,744 -1,716
47,055   54,892 -7,837
5,522   4,547 975
56,787   59,184 -2,397
38,717   30,641 8,076
19,218   19,453 -235
15,730   37,385 -21,655
16,759   39,778 -23,019
11,576   28,426 -16,850
9,436   22,486 -13,050
7,046   16,499 -9,453
14,075   30,945 -16,870
28,075   59,653 -31,578
9,342   18,524 -9,182
12,574   24,657 -12,083
33,492   22,732 10,760
40,277   23,736 16,541
40,820   28,519 12,301
75,266   61,781 13,485
11,980   22,690 -10,710
37,836   30,402 7,434
3,173   3,629 -456
55,445   55,362 83
13,123   24,040 -10,917
24,648   30,860 -6,212
29,473   37,661 -8,188
1,912   2,489 -577
15,580   20,432 -4,852
16,136   21,291 -5,155
2,294   2,903 -609
24,583   32,283 -7,700
117,740   148,356 -30,616
2,260   2,847 -587
160,870   190,614 -29,744
59,130   70,064 -10,934
4,392   5,900 -1,508
95,608   152,092 -56,484
120,000   146,379 -26,379
140,000   164,459 -24,459
88,929   84,650 4,279
151,071   47,100 103,971
2,808   2,999 -191
3,193   1,862 1,331
2,202   1,334 868
1,855   2,507 -652
10,541   5,729 4,812
3,065   4,168 -1,103
7,025   7,395 -370
2,330   2,529 -199
13,428   10,198 3,230
3,972   2,891 1,081
10,203   6,637 3,566
7,011   6,739 272
6,066   2,651 3,415
6,532   6,114 418
3,038   2,754 284
9,902   7,170 2,732
2,284   2,265 19
7,970   9,576 -1,606
4,695   4,924 -229
4,896   4,294 602
4,932   4,077 855
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
      821,387
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       93,710
b       4,106
c       21,525
d       148
e       6,377
      45,475
      -1,784
      520
      722
      4,926
      3,911
      1,794
      14,185
      -168,499
      4,955,054
      -80,038
      223,756
      -26,096
      -143,062
      -81,252
      -6,151
      -18,495
      -29,822
      16,060
      16,296
      -3,587
      -2,096
      2,242
      30,818
      3,454
      -13,103
      -2,040
      18,207
      3,282
      207,322
      -1,923
      -5,705
      -12,937
      -33,463
      -82,282
      3,407
      -425
      146
      -56,605
      2,908
      2,988
      999
      2,649
      -5,163
      1,698
      -6,755
      -2,153
      801
      1,973
      1,317
      -5,571
      3,715
      2,132
      2,555
      2,447
      -27,720
      -19,162
      -88,216
      -204
      -5,702
      -256
      -1,742
      -15,898
      -12,293
      -11,035
      -474
      -27,100
      1,623
      -7,734
      -29,059
      -26,969
      -4,977
      -7,929
      -9,212
      -48,388
      -7,133
      -14,233
      -9,206
      -5,968
      1,600
      12,934
      11,151
      1,825
      1,387
      -6,501
      -1,619
      -906
      -1,716
      -7,837
      975
      -2,397
      8,076
      -235
      -21,655
      -23,019
      -16,850
      -13,050
      -9,453
      -16,870
      -31,578
      -9,182
      -12,083
      10,760
      16,541
      12,301
      13,485
      -10,710
      7,434
      -456
      83
      -10,917
      -6,212
      -8,188
      -577
      -4,852
      -5,155
      -609
      -7,700
      -30,616
      -587
      -29,744
      -10,934
      -1,508
      -56,484
      -26,379
      -24,459
      4,279
      103,971
      -191
      1,331
      868
      -652
      4,812
      -1,103
      -370
      -199
      3,230
      1,081
      3,566
      272
      3,415
      418
      284
      2,732
      19
      -1,606
      -229
      602
      855
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 5,234,276
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 (2022)
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 right arrow 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) 1 82,692
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 82,692
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 82,692
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 107,210
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 107,210
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 24,518
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow24,518 Refundedright arrow 11 0
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. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowAL
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 2022 or the taxable year beginning in 2022? 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 (2022)
Form 990-PF (2022)
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 addressright arrowN/A
14
The books are in care ofright arrowREGIONS BANK TRUST DEPT Telephone no.right arrow (205) 820-3141

Located atright arrow250 RIVERCHASE PARKWAY EASTBIRMINGHAMAL ZIP+4right arrow35244
15
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
15
 
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
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)
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)
 
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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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
Yes
 
b
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.) .....................
3b
 
No
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
MR JOHN KAUL GREENE DIRECTOR
3 		0    
C/O WM BLAIR CO 222 W ADAMS ST
CHICAGO,IL60606
MR JOHN J MCMAHON JR DIRECTOR
3 		0    
C/O RBC-5TH FLOOR 1927 1ST AVE N
BIRMINGHAM,AL35203
MR DON JAMES DIRECTOR
3 		0    
PO BOX 385014
BIRMINGHAM,AL352385014
DR NANCY E DUNLAP DIRECTOR
3 		0    
BDB 355 1530 THIRD AVENUE SOUTH
BIRMINGHAM,AL35294
MS HILLERY HEAD PERKINS DIRECTOR
3 		0    
3620 8TH AVENUE SOUTH
BIRMINGHAM,AL35222
MR SAMUEL E YATES DIRECTOR
3 		0    
C/O TMS PO BOX 736
TALLADEGA,AL35161
MR H CORBIN DAY DIRECTOR
3 		0    
2001 PARK PLACE TOWER SUITE 320
BIRMINGHAM AL,AL35222
MS MAYE HEAD FREI DIRECTOR
3 		0    
3620 8TH AVENUE SOUTH
BIRMINGHAM,AL35222
MS ELIZABETH YATES SCRIBNER DIRECTOR
3 		0    
C/O REGIONS BANK 1900 5TH AVENUE N
BIRMINGHAM,AL35203
REGIONS BANK TRUSTEE
1 		193,677    
250 RIVERCHASE PARKWAY EAST
BIRMINGHAM,AL35244
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...................right arrow 0
Form 990-PF (2022)
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 arrow0
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.........................right arrow  
Form 990-PF (2022)
Form 990-PF (2022)
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
82,985,763
b
Average of monthly cash balances.......................
1b
697,768
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
83,683,531
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
83,683,531
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,255,253
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
82,428,278
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,121,414
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
4,121,414
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
82,692
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
82,692
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,038,722
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,038,722
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
4,038,722
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
2,186,215
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,186,215
Form 990-PF (2022)
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 4,038,722
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 93,247
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017...... 0
b From 2018...... 0
c From 2019...... 0
d From 2020...... 0
e From 2021...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 2,186,215
a Applied to 2021, but not more than line 2a 93,247
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..... 2,092,968
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 .......... 		1,945,754
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.... 0
b Excess from 2019.... 0
c Excess from 2020.... 0
d Excess from 2021.... 0
e Excess from 2022.... 0
Form 990-PF (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 or
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
         
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
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MARCIE BRASWELL
1900 5TH AVENUE NORTH SUITE 2500
BIRMINGHAM,AL35203
(205) 264-7881
bThe form in which applications should be submitted and information and materials they should include:
SEE STATEMENT ATTACHED
cAny submission deadlines:
SEE STATEMENT ATTACHED
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
LIMITED TO CHARITABLE ORGANIZATIONS IN THE GREATER BIRMINGHAM METROPOLITAN AREA OR IN CLAY OR COOSA COUNTIES, AL
Form 990-PF (2022)
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)
aPaid during the year

JEFFERSON STATE COMMUNITY COLLEGE

4600 VALLEYDALE RD
BIRMINGHAM,AL35242 		NONE PC GENERAL OPERATING 20,000

BIRMINGHAM ZOO

2630 CAHABA RD
BIRMINGHAM,AL35223 		NONE PC GENERAL OPERATING 100,000

ALABAMA SYMPHONY ORCHESTRA

1200 10TH AVE SOUTH
BIRMINGHAM,AL35205 		NONE PC GENERAL OPERATING 100,000

BETTER BASICS

1231 2ND AVE S
BIRMINGHAM,AL35233 		NONE PC GENERAL OPERATING 10,000

GIRLS ON THE RUN BIRMINGHAM

PO BOX 530244
BIRMINGHAM,AL35253 		NONE PC GENERAL OPERATING 10,000

CAHABA RIVER SOCIETY

2717 7TH AVE S 205
BIRMINGHAM,AL35233 		NONE PC GENERAL OPERATING 10,000

FREEDOM RAIN INC DBA LOVELADY CENTER

7916 2ND AVE S
BIRMINGHAM,AL35206 		NONE PC GENERAL OPERATING 25,000

EXCEPTIONAL FOUNDATION

1616 OXMOOR ROAD
BIRMINGHAM,AL35209 		NONE PC GENERAL OPERATING 10,000

WILD ALABAMA

552 LAWRENCE ST
MOULTON,AL35560 		NONE PC GENERAL OPERATING 10,000

WOODLAWN FOUNDATION INC

5529 1ST AVE S
BIRMINGHAM,AL35212 		NONE PC GENERAL OPERATING 25,000

HOLY FAMILY CRISTO REY CATHOLIC HIGH SCH

SCHOOL INC 1832 CENTER WAY SOUTH
BIRMINGHAM,AL352050000 		NONE PC GENERAL OPERATING 15,000

REV BIRMINGHAM INC

5529 1ST AVE S
BIRMINGHAM,AL352122507 		NONE PC GENERAL OPERATING 20,000

MITCHELLS PLACE INC

4778 OVERTON RD
BIRMINGHAM,AL352103803 		NONE PC EARLY LEARNING PROGRAMS FOR 10,000

STAIR OF BIRMINGHAM

3703 5TH AVE S STE 400
BIRMINGHAM,AL352222403 		NONE PC GENERAL OPERATING 20,000

BIRMINGHAM LANDMARKS

1817 3RD AVE N
BIRMINGHAM,AL35203 		NONE PC GENERAL OPERATING 20,000

UNITED ABILITY

100 OSLO CIRCLE
BIRMINGHAM,AL35211 		NONE PC GENERAL OPERATING 10,000

WOMENS FUND OF GREATER BIRMINGHAM

2201 5TH AVE S APT 110
BIRMINGHAM,AL35233 		NONE PC GENERAL OPERATING 50,000

THE SALVATION ARMY

615 SLATERS LN
ALEXANDRIA,VA22314 		NONE PC GENERAL OPERATING 15,000

UNIVERSITY OF ALABAMA BIRMINGHAM

1720 2ND AVE
SOUTH BIRMINGHAM,AL35294 		NONE PC GENERAL OPERATING 30,000

OPERA BIRMINGHAM

3601 6TH AVE S
BIRMINGHAM,AL352222407 		NONE PC GENERAL OPERATING 20,000

ROTARACT CLUB OF BIRMINGHAM FOUNDATION

PO BOX 13798
BIRMINGHAM,AL352023761 		NONE PC GENERAL OPERATING 5,000

CAHABA RIVERKEEPER

4650 OLD LOONEY MILL RD
BIRMINGHAM,AL352432607 		NONE PC GENERAL OPERATING 4,000

BIRMINGHAM EDUCATION FOUNDATION

1224 20TH ST S
BIRMINGHAM,AL352053814 		NONE PC GENERAL OPERATING 25,000

VENTURE FOR AMERICA

307 7TH AVE
NEW YORK,NY10001 		NONE PC GENERAL OPERATING 20,000

COOSA RIVERKEEPER

102 CROFT ST SUITE B
BIRMINGHAM,AL352421823 		NONE PC GENERAL OPERATING 10,000

SPRING VALLEY SCHOOL

2701 SYDNEY DR
BIRMINGHAM,AL35211 		NONE PC GENERAL OPERATING 10,000

RESTORATION ACADEY

31 NEW YORK AVE
BROOKLYN,NY11216 		NONE PC GENERAL OPERATING 5,000

PRESCHOOL PARTNERS

4447 MONTEVALLO RD
MOUNTAIN BRK,AL352131515 		NONE PC GENERAL OPERATING 20,000

TEACH FOR AMERICA ALABAMA

1914 4TH AVE N STE 200
BIRMINGHAM,AL352033510 		NONE PC GENERAL OPERATING 50,000

JONES VALLEY TEACHING FARM

701 25TH ST N
BIRMINGHAM,AL35203 		NONE PC GENERAL OPERATING 20,000

MCWANE SCIENCE CENTER

200 19TH ST N
BIRMINGHAM,AL352033117 		NONE PC GENERAL OPERATING 20,000

WORKSHOPS EMPOWERMENT INC

4244 3RD AVE S
BIRMINGHAM,AL352222008 		NONE PC GENERAL OPERATING 5,000

GIRLS INCORPORATED OF CENTRAL ALABAMA

5201 8TH AVE S
BIRMINGHAM,AL352124102 		NONE PC GENERAL OPERATING 15,000

TRINITY UNITED METHODIST CHURCH

607 AIRPORT RD SW
HUNTSVILLE,AL35802 		NONE PC GENERAL OPERATING 10,000

BIRMINGHAM BOTANICAL SOCIETY

2612 LANE PARK RD
MOUNTAIN BRK,AL352231802 		NONE PC GENERAL OPERATING 10,000

ART FUND OF BIRMINGHAM

2000 EIGHTH AV N
BIRMINGHAM,AL35203 		NONE PC GENERAL OPERATING 750,000

STATE OF ALABAMA BALLET INC

2726 1ST AVE S
BIRMINGHAM,AL352332719 		NONE PC GENERAL OPERATING 30,000

PATHWAYS INC

409 RICHARD ARRINGTON JR BLVD N
BIRMINGHAM,AL352033308 		NONE PC HELP FUND THE DAY CENTER 10,000

CAMP SMILE A MILE

1600 2ND AVE S
BIRMINGHAM,AL352331705 		NONE PC GENERAL OPERATING 10,000

PUBLIC AFFAIRS RESEARCH COUNCIL OF ALABA

800 LAKESHORE DRIVE BH 219
BIRMINGHAM,AL352293931 		NONE PC GENERAL OPERATING 10,000

COLLAT JEWISH FAMILY SERVICES

3940 MONTCLAIR RD STE 205
MOUNTAIN BRK,AL352132416 		NONE PC GENERAL OPERATING 10,000

A PLUS EDUCATION PARTNERSHIP

1 RETAIL DRIVE 3RD FLOOR WEST
MONTGOMERY,AL361103213 		NONE PC GENERAL OPERATING 10,000

OASIS COUNSELING FOR WOMEN AND CHILDREN

1900 14TH AVE S
BIRMINGHAM,AL352054906 		NONE PC GENERAL OPERATING 10,000

KID ONE TRANSPORT SYSTEM INC

PO BOX 11864
BIRMINGHAM,AL352021864 		NONE PC GENERAL OPERATING 5,000

ALABAMA ASSOCIATION OF NONPROFITS

PO BOX 293932
BIRMINGHAM,AL352291032 		NONE PC GENERAL OPERATING 10,000

COMMUNITY GRIEF SUPPORT SERVICE

1119 OXMOOR RD
BIRMINGHAM,AL352095319 		NONE PC FOR 2013 PROGRAM 5,000

ALABAMA RIVERS ALLIANCE INC

2014 6TH AVENUE NORTHSUITE 200 A
BIRMINGHAM,AL352032702 		NONE PC GENERAL OPERATING 10,000

FIRST LIGHT INC

2230 4TH AVE N
BIRMINGHAM,AL35203 		NONE PC GENERAL OPERATING 20,000

ALDRIDGE GARDENS

3530 LORNA RD
HOOVER,AL352165902 		NONE PC GENERAL OPERATING 5,000

HISPANIC INTEREST COALITION OF ALABAMA

117 S CREST DRIVE
BIRMINGHAM,AL352094750 		NONE PC GENERAL OPERATING 20,000

SIDEWALK FILM CENTER AND CINEMA

PO BOX 590125
BIRMINGHAM,AL352590125 		NONE PC GENERAL OPERATING 20,000

THE BELL CENTER FOR EARLY INTERVENTION P

1700 29TH CT S
BIRMINGHAM,AL352092502 		NONE PC GENERAL OPERATING 10,000

RAILROAD PARK FOUNDATION

1600 1ST AVE S
BIRMINGHAM,AL352331703 		NONE PC GENERAL OPERATING 25,000

WELLHOUSE

PO BOX 868
ODENVILLE,AL35120 		NONE PC GENERAL OPERATING 20,000

THE NATURE CONSERVANCY IN ALABAMA

209 20TH ST N 70
BIRMINGHAM,AL35203 		NONE PC GENERAL OPERATING 50,000

DESERT ISLAND SUPPLY CO

5500 1ST AVE N
BIRMINGHAM,AL352122406 		NONE PC GENERAL OPERATING 10,000

ALBERT SCHWEITZER FELLOWSHIP OF ALABAMA

1720 2ND AVE S
BIRMINGHAM,AL352331806 		NONE PC GENERAL OPERATING 15,000

CREATE BIRMINGHAM

310 18TH ST N STE 303
BIRMINGHAM,AL352033135 		NONE PC GENERAL OPERATING 10,000

VAX 2 STOP CANCER

PO BOX 530044
BIRMINGHAM,AL352530044 		NONE PC GENERAL OPERATING 10,000

COMMUNITY ON THE RISE

112 14TH ST N
BIRMINGHAM,AL352031736 		NONE PC GENERAL OPERATING 35,000

BESSEMER REDEVELOPMENT CORP

2625 5TH AVE N BLDG C
BESSEMER,AL350204169 		NONE PC GENERAL OPERATING 100,000

MAGIC CITY ACCEPTANCE ACADEMY CHARTER SC

75 BAGBY DR
HOMEWOOD,AL352093703 		NONE PC GENERAL OPERATING 15,000

METROPOLITAN SCHOOL ARTS

575 BARCLAY DR
ALEXANDRIA,VA22315 		NONE PC GENERAL OPERATING 25,000

BIRMINGHAM ATHLETIC PARTNERSHIP

1029 22ND ST S
BIRMINGHAM,AL352052811 		NONE PC GENERAL OPERATING 25,000
Total .................................right arrow 3a 2,044,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2022)
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
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 ....     14 880,164  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 14,587  
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 5,234,276  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFROM S-CORP/PARTNE 		    16 14,072  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   6,143,099  
13Total. Add line 12, columns (b), (d), and (e)..................
13
6,143,099
(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 (2022)
Form 990-PF (2022)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 2,500     2,500

TY 2022 InvestmentsOtherSchedule2
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
532457108 LILLY ELI & CO AT COST 20,238 124,386
58933Y105 MERCK & CO INC NEW AT COST 127,654 277,264
018802108 ALLIANT ENERGY CORP AT COST 41,811 89,440
060505104 BANK AMER CORP      
110122108 BRISTOL MYERS SQUIBB AT COST 77,889 103,104
25746U109 DOMINION ENERGY INC AT COST 146,531 135,517
363576109 GALLAGHER ARTHUR J & AT COST 26,150 149,135
46625H100 JPMORGAN CHASE & CO AT COST 54,580 175,671
553530106 MSC INDUSTRIAL DIREC      
92343V104 VERIZON COMMUNICATIO AT COST 198,193 156,418
N53745100 LYONDELLBASELL INDU- AT COST 52,241 63,186
126650100 CVS HEALTH CORP AT COST 67,491 110,896
30303M102 FACEBOOK INC      
48251W104 KKR & CO INC AT COST 86,425 171,151
57636Q104 MASTERCARD INC AT COST 28,668 176,647
09247X101 BLACKROCK INC AT COST 27,744 113,381
166764100 CHEVRON CORP NEW AT COST 118,978 250,748
437076102 HOME DEPOT INC AT COST 65,825 120,027
747525103 QUALCOMM INC AT COST 15,805 36,390
59156R108 METLIFE INC AT COST 80,780 145,608
681919106 OMNICOM GROUP INC      
713448108 PEPSICO INC      
009158106 AIR PRODS & CHEMS IN AT COST 135,121 172,626
189054109 CLOROX CO/THE      
191216100 COCA-COLA CO/THE AT COST 118,432 172,574
20030N101 COMCAST CORP NEW AT COST 97,808 96,587
631103108 NASDAQ INC      
317609253 EMERALD GROWTH FUND AT COST 4,864,498 4,523,885
H1467J104 CHUBB LTD AT COST 60,034 125,742
023135106 AMAZON COM INC AT COST 209,229 198,240
74736K101 QORVO INC AT COST 133,105 171,672
30231G102 EXXON MOBIL CORP AT COST 167,300 276,853
594918104 MICROSOFT CORP AT COST 171,964 357,092
742718109 PROCTER & GAMBLE CO AT COST 56,634 98,514
902973304 US BANCORP DEL AT COST 78,770 107,935
65339F101 NEXTERA ENERGY INC AT COST 42,454 134,094
94106L109 WASTE MGMT INC DEL AT COST 52,689 170,999
43300A203 HILTON WORLDWIDE HOL      
G3223R108 EVEREST RE GROUP LTD AT COST 170,384 207,706
83088M102 SKYWORKS SOLUTIONS I AT COST 184,753 168,864
92826C839 VISA INC AT COST 48,632 164,338
315910810 FIDELITY INVT TR AT COST 4,897,511 4,731,157
55278M407 MFS SER TR XIII AT COST 5,345,237 5,733,506
77954Q106 ROWE T PRICE BLUE CH      
69351T106 PPL CORP      
931142103 WAL MART STORES INC AT COST 83,765 147,462
02079K107 ALPHABET INC AT COST 120,343 182,518
922040100 VANGUARD INSTL INDEX AT COST 3,280,054 9,959,386
882508104 TEXAS INSTRS INC AT COST 55,938 84,593
89832Q109 TRUIST FINL CORP AT COST 88,220 105,165
H84989104 TE CONNECTIVITY LTD AT COST 41,422 60,844
369550108 GENERAL DYNAMICS COR AT COST 98,132 132,987
036752103 ANTHEM INC AT COST 125,468 132,346
17275R102 CISCO SYS INC AT COST 39,660 43,352
67066G104 NVIDIA CORP      
20825C104 CONOCOPHILLIPS AT COST 80,804 195,290
871829107 SYSCO CORP AT COST 74,322 76,450
22160N109 COSTAR GROUP INC AT COST 182,836 169,243
369604103 GENERAL ELECTRIC CO      
893641100 TRANSDIGM GROUP INC AT COST 186,360 267,601
96342K100 WHITBREAD PLC-SPON A      
78467J100 SS&C TECHNOLOGIES HO      
372460105 GENUINE PARTS CO AT COST 91,583 167,958
412295107 HARDING LOEVNER FDS AT COST 5,017,828 5,171,872
907818108 UNION PAC CORP AT COST 111,056 113,474
422806208 HEICO CORP NEW AT COST 81,160 115,535
478160104 JOHNSON & JOHNSON AT COST 187,668 221,342
14316J108 CARLYLE GROUP INC AT COST 189,148 206,732
443510607 HUBBELL INC AT COST 55,616 118,748
438516106 HONEYWELL INTL INC AT COST 77,046 125,794
427866108 HERSHEY CO AT COST 81,854 142,879
94419L101 WAYFAIR INC- CLASS A      
48020Q107 JONES LANG LASALLE I AT COST 186,484 174,988
91324P102 UNITEDHEALTH GROUP I AT COST 114,230 175,490
79466L302 SALESFORCE COM INC AT COST 204,295 149,959
00287Y109 ABBVIE INC      
30161N101 EXELON CORP AT COST 114,352 164,706
20449X401 COMPASS GROUP PLC      
848637104 SPLUNK INC      
03831W108 APPLOVIN CORP      
91680M107 UPSTART HOLDINGS INC      
22822V101 CROWN CASTLE INTL CO AT COST 129,373 102,815
038222105 APPLIED MATLS INC AT COST 200,583 145,583
872540109 TJX COS INC NEW AT COST 154,994 178,304
695156109 PACKAGING CORP AMER AT COST 95,948 83,142
87165B103 SYNCHRONY FINL      
512807108 LAM RESH CORP AT COST 160,998 116,003
770323103 ROBERT HALF INTL INC      
609207105 MONDELEZ INTL INC AT COST 159,618 159,693
SM8215446 BIRMINGHAM TECHNOLOG      
002824100 ABBOTT LABS AT COST 72,404 77,951
NR4500001 COOSA COUNTY ALABAMA      
31620M106 FIDELITY NATL INFORM AT COST 114,362 101,232
486991904 KAUL LD CO PA      
00206R102 AT&T INC AT COST 150,974 140,082
863667101 STRYKER CORP AT COST 101,015 105,131
369604301 GENERAL ELEC CO AT COST 192,978 224,054
12504L109 CBRE GROUP INC AT COST 106,090 113,747
SM8217442 28.4 PCT OWNERSHIP I AT COST 7,123 7,123
NR4783003 100.00 % INTEREST IN      
NR4785008 100.00 % INTEREST IN      
31635V729 FIDELITY L/C GR INDX AT COST 10,665,192 8,580,250
580135101 MC DONALDS CORPORATI AT COST 132,684 139,671
03990B101 ARES MGMT CORP AT COST 131,063 119,359
058498106 BALL CORP AT COST 96,867 99,416
653656108 NICE SYS LTD SPONSOR AT COST 108,710 111,149
NR4787004 100.00 % INTEREST IN      

TY 2022 LegalFeesSchedule
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
NON-ALLOCABLE LEGAL FEES 100,669     100,669


TY 2022 OtherAssetsSchedule
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
BIRMINGHAM TECHNOLOGY FUND 402,731 289,190 394,534
KAUL LD 21,683 4,650 522,600
REFORESTATION 27,380 34,897 0


TY 2022 OtherExpensesSchedule
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER CHARITABLE EXPENSES 311 0   311
FROM PARTNERSHIP/S-CORP 10,410 10,410   0
Rent and Royalty Expense 17,993      


TY 2022 OtherIncomeSchedule2
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FROM SCORP 14,072 0  


TY 2022 OtherIncreasesSchedule
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Description Amount
BALANCE SHEET COST BASIS ADJUSTMENT 240,561


TY 2022 TaxesSchedule
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 12,343 12,343   0
FEDERAL TAX PAYMENT - PRIOR YE 91,944 0   0
FEDERAL ESTIMATES - PRINCIPAL 103,829 0   0