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
VIRGINIA SARGEANT REYNOLDS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1802 BAYBERRY COURT SUITE 401
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RICHMOND, VA23226
A Employer identification number

54-1595360
B Telephone number (see instructions)

(804) 285-7700
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$35,949,048J 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 1,627 1,627  
4 Dividends and interest from securities... 145,975 143,500  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 362,570
b Gross sales price for all assets on line 6a 1,878,457
7 Capital gain net income (from Part IV, line 2)... 362,570
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)....... Click to see attachment
List of Attached Documents:
// Content
620,325 620,325  
12 Total. Add lines 1 through 11........ 1,130,497 1,128,022  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 64,000 21,333   42,667
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
19,872 9,936   9,936
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
66,290 66,290   0
17 Interest............... 7,587 7,587   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
89,481 143   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
74,545 68,902   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 321,775 174,191   52,603
25 Contributions, gifts, grants paid....... 1,960,000 1,960,000
26 Total expenses and disbursements. Add lines 24 and 25 2,281,775 174,191   2,012,603
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,151,278
b Net investment income (if negative, enter -0-) 953,831
c Adjusted net income (if negative, enter -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.............      
2 Savings and temporary cash investments......... 1,699,001 577,803 577,803
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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 arrow        
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)....... 1,657,533 Click to see attachment
List of Attached Documents:
// Content
1,201,978 		2,230,796
c Investments—corporate bonds (attach schedule)....... 857,960 Click to see attachment
List of Attached Documents:
// Content
892,168 		830,936
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 26,311,952 Click to see attachment
List of Attached Documents:
// Content
26,652,637 		31,455,720
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow   64,464 Click to see attachment
List of Attached Documents:
// Content
0 		0
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
162 		Click to see attachment
List of Attached Documents:
// Content
853,793 		Click to see attachment
List of Attached Documents:
// Content
853,793
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,591,072 30,178,379 35,949,048
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) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
688,160
23 Total liabilities (add lines 17 through 22)......... 0 688,160
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........ 3,348,982 3,399,407
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 27,242,090 26,090,812
29 Total net assets or fund balances (see instructions)..... 30,591,072 29,490,219
30 Total liabilities and net assets/fund balances (see instructions). 30,591,072 30,178,379
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
30,591,072
2
Enter amount from Part I, line 27a .....................
2
-1,151,278
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
50,425
4
Add lines 1, 2, and 3 ..........................
4
29,490,219
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
29,490,219
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 GLDMN SCH EQL WGHT US LRG CAP EQ ETF 460 SH   2021-04-05 2022-03-04
b US TREASURY NOTE 1.625%   2022-02-22 2022-12-15
c AMAZON.COM 50 SH   2016-11-10 2022-09-09
d AMGEN INC 15 SH   2016-01-29 2022-12-30
e CHUBB LTD 50 SH   2016-01-29 2022-12-30
COMMUNICAT SVS SLCT SEC ETF 400 SH   2019-02-21 2022-02-11
EATON CORP PLC 50 SH   2014-01-31 2022-12-30
JPMORGAN CHASE & CO 50 SH   2014-01-31 2022-12-30
LOWES COMPANIES INC 250 SH   2016-09-07 2022-07-28
MERCK & CO INC 100 SH   2016-05-24 2022-07-14
ORACLE CORP 2.5% 101522   2016-06-07 2022-10-15
STONE RIDGE HI YLD REINS 29,670.03 SH   2015-12-14 2022-01-06
HOME DEPOT 3.25%   2018-12-04 2022-03-01
TOTALENERGIES SE 600 SH   2016-11-04 2022-03-04
TRANE TECHNOLOGIES PLC F 50 SH   2018-03-01 2022-12-30
VANGUARD S&P 500 ETF 125 SH   2019-01-16 2022-02-11
VISA INC 2.8%   2016-06-21 2022-12-14
ALPHABET INC CL A 10 SH   2014-01-31 2022-06-30
AMERIPRISE FINL 50 SH   2014-01-31 2022-09-09
APPLE INC 100 SH   2014-01-31 2022-09-09
AMERIPRISE FINL 50 SH   2014-01-31 2022-12-30
ELEVANCE HEALTH INC 25 SH   2014-01-31 2022-09-09
ELEVANCE HEALTH INC 15 SH   2014-01-31 2022-12-30
HOME DEPOT INC 75 SH   2014-01-31 2022-07-28
MICROSOFT CORP 25 SH   2014-01-31 2022-09-09
NORFOLK SOUTHERN CO 20 SH   2014-01-31 2022-12-30
ORACLE CORP, 75 SH   2014-01-31 2022-12-30
PEPSICO INC 25 SH   2014-01-31 2022-12-30
RAYTHEON TECHNOLOGIES CO 25 SH   2014-01-31 2022-12-30
SELECT STR FINL SELECT SPDR ETF 400 SH   2014-01-31 2022-12-30
MERCK & CO INC 100 SH   2016-05-24 2022-12-31
412 +/- ACRES LOUISA COUNTY, VA INSTALLMENT SALE   2014-01-31 2022-02-08
LOUISA CO VA-PER 1099-S - INSTALLMENT SALE REPORTED OVER FUTURE YEARS   2014-01-31 2022-02-08
ST CAPITAL GAINS FROM PASS-THRU'S      
LT CAPITAL GAINS FROM PASS-THRU'S      
CAPITAL GAINS 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 29,642   29,223 419
b 30,000   30,000 0
c 6,611   1,862 4,749
d 3,905   2,246 1,659
e 10,986   5,548 5,438
27,694   18,199 9,495
7,831   2,957 4,874
6,695   2,782 3,913
47,529   18,817 28,712
9,383   5,308 4,075
25,000   25,000 0
262,856   299,531 -36,675
25,000   24,993 7
29,559   27,930 1,629
8,394   3,338 5,056
50,578   30,045 20,533
25,000   25,000 0
21,567   5,854 15,713
14,309   5,269 9,040
15,656   1,777 13,879
15,567   5,269 10,298
12,431   2,167 10,264
7,656   1,300 6,356
22,448   5,750 16,698
6,614   931 5,683
4,933   1,846 3,087
6,100   2,770 3,330
4,513   2,009 2,504
2,508   1,567 941
13,662   7,260 6,402
11,043   5,307 5,736
150,000   12,368 137,632
900,000   900,000 0
    1,664 -1,664
62,781     62,781
6     6
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       419
b       0
c       4,749
d       1,659
e       5,438
      9,495
      4,874
      3,913
      28,712
      4,075
      0
      -36,675
      7
      1,629
      5,056
      20,533
      0
      15,713
      9,040
      13,879
      10,298
      10,264
      6,356
      16,698
      5,683
      3,087
      3,330
      2,504
      941
      6,402
      5,736
      137,632
      0
      -1,664
      62,781
      6
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 2 362,570
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 13,258
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 13,258
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 13,258
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 32,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 47,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8 134
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 33,608
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow13,258 Refundedright arrow 11 20,350
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
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 arrowVA
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 arrowVSRFOUNDATION.COM
14
The books are in care ofright arrowBRYAN BROTHERS INC Telephone no.right arrow (804) 285-7700

Located atright arrow1802 BAYBERRY CT SUITE 401RICHMONDVA ZIP+4right arrow23226
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)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
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
 
No
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
 
 
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
J SARGEANT REYNOLDS JR PRESIDENT
1.00 		28,000 0 0
1802 BAYBERRY COURT SUITE 401
RICHMOND,VA23226
AUSTIN BROCKENBROUGH III DIRECTOR
1.00 		0 0 0
1802 BAYBERRY COURT SUITE 401
RICHMOND,VA23226
RICHARD ROLAND REYNOLDS DIRECTOR
1.00 		18,000 0 0
1802 BAYBERRY COURT SUITE 401
RICHMOND,VA23226
VIRGINIA R PARKER DIRECTOR
1.00 		18,000 0 0
1802 BAYBERRY COURT SUITE 401
RICHMOND,VA23226
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
LOWE BROCKENBROUGH & CO INVESTMENT ADVISOR 66,284
1802 BAYBERRY COURT
RICHMOND,VA23226
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 arrow0
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
4,019,709
b
Average of monthly cash balances.......................
1b
1,177,637
c
Fair market value of all other assets (see instructions)................
1c
33,524,392
d
Total (add lines 1a, b, and c).........................
1d
38,721,738
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
38,721,738
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
580,826
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
38,140,912
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,907,046
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
1,907,046
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
13,258
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
13,258
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,893,788
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,893,788
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
1,893,788
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
2,012,603
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
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,012,603
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 1,893,788
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018...... 151,443
c From 2019...... 95,469
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 246,912
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 2,012,603
a Applied to 2021, but not more than line 2a 0
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..... 1,893,788
e Remaining amount distributed out of corpus 118,815
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 5 365,727
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 .......... 		0
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 ...... 		365,727
10 Analysis of line 9:
a Excess from 2018.... 151,443
b Excess from 2019.... 95,469
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022.... 118,815
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:
J SARGEANT REYNOLDS JR OR ROLAND RE
1802 BAYBERRY COURT SUITE 401
RICHMOND,VA23226
(804) 285-7700
VSRF@BRYANBROTHERS.COM
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS CAN BE SUBMITTED BY LETTER OR BY COMPLETING THE GRANT APPLICATION FORM ON THE FOUNDATION'S WEBSITE AT VSRFOUNDATION.COM/HOW-TO-APPLY/
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
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

AMERICAN SUSTAINABLE BUSINESS INSTITUTE

712TH H STREET NE PMB 42
WASHINGTON,DC20002 		NONE PUBLIC CHARITY TEXAS SUSTAINABLE BUS INST 35,000

AMERICARES

88 HAMILTON AVE
STAMFORD,CT06902 		NONE PUBLIC CHARITY UKRAINE CRISIS RESPONSE 50,000

AYLETT COUNTRY DAY SCHOOL

PO BOX 70
MILLERS TAVERN,VA23115 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

BETTER HOUSING COALITION

23 W BROAD ST SUITE 100
RICHMOND,VA23241 		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000

BON SECOURS FOUNDATION

7229 FOREST AVE SUITE 200
RICHMOND,VA23226 		NONE PUBLIC CHARITY GENERAL PURPOSES 10,000

BOY SCOUTS OF AMERICA

8090 VILLA PARK DRIVE
HENRICO,VA23228 		NONE PUBLIC CHARITY FRIENDS OF SCOUTING 5,000

CAL RIPKEN SR FOUNDATION

1427 CLARKVIEW RD SUITE 100
BALTIMORE,MD21209 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

CARITAS CENTER

2220 STOCKTON ST
RICHMOND,VA23224 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

CENTRAL VIRGINIA LEGAL AID SOCIETY

101 W BROAD ST SUITE 101
RICHMOND,VA23220 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

CHILD SAVERS

200 NORTH 22ND STREET
RICHMOND,VA23223 		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000

DOWN SYNDROME ASSOC OF GREATER RICHMOND

1504 SANTA ROSA ROAD SUITE 124
HENRICO,VA23229 		NONE PUBLIC CHARITY GENERAL PURPOSES 10,000

FAISON CENTER

5311 MARKEL ROAD
RICHMOND,VA23230 		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000

FRIENDS OF HOLLYWOOD CEMETARY

412 SOUTH CHERRY STREET
RICHMOND,VA23220 		NONE PUBLIC CHARITY GENERAL PURPOSES & CAPITAL FUND 50,000

GARDEN CLUB OF AMERICA

14 EAST 60TH STREET 3RD FLOOR
NEW YORK,NY10022 		NONE PUBLIC CHARITY SECOND CENTURY CAMPAIGN 25,000

HEALTHCODE

1607 WATERSTON
AUSTIN,TX78703 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

HISTORIC RICHMOND FOUNDATION

4 EAST MAIN STREET SUITE 1C
RICHMOND,VA23219 		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000

J SARGEANT REYNOLDS COMMUNITY COLLEGE

1651 EAST PARHAM ROAD
RICHMOND,VA23261 		NONE PUBLIC CHARITY GENERAL PURPOSES 10,000

JAMES RIVER ASSOCIATION

4833 OLD MAIN STREET
RICHMOND,VA23231 		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000

LIBERATION VETERAN SERVICES

1201 HULL STREET
RICHMOND,VA23224 		NONE PUBLIC CHARITY FUNDING ADDITIONAL CASE MANAGER 25,000

MAX CURE FOUNDATION

5650 SYLVAN AVENUE SUITE 1225
ENGLEWOOD CLIFFS,NJ07632 		NONE PUBLIC CHARITY GENERAL PURPOSES 40,000

MCV FOUNDATION

PO BOX 980275
RICHMOND,VA23298 		NONE PUBLIC CHARITY SPEAKERS FORUM 10,000

MISSION GAIT FOUNDATION

8191 STAPLES MILL RD
RICHMOND,VA23228 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

NATIONAL CATHEDRAL SCHOOL

3612 WOODLEY ROAD NW
WASHINGTON,DC20016 		NONE PUBLIC CHARITY ANNUAL FUND & REYNOLDS SERVICE FELLOWSHIP ENDOWMENT 10,000

OPERATION HEALING FORCES

380 PARK PLACE BLVD SUITE 175
CLEARWATER,FL33759 		NONE PUBLIC CHARITY GENERAL PURPOSES 10,000

PGA TOUR CHARITIES INC

1 PGA TOUR BLVD
PONTE VEDRA BEACH,FL32082 		NONE PUBLIC CHARITY VIRGINIANS FOR VETERANS 10,000

PLAYERS PHILANTHROPY FUND

1802 BAYBERRY CT SUITE 401
RICHMOND,VA23226 		NONE PUBLIC CHARITY NEW SCHOOLS FOR VIRGINIA 50,000

QUANTICO INJURED MILITARY SPORTSMEN ASSOCIATION

25 CAVALRY RIDGE RD
FREDERICKSBURG,VA22405 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

RE WORK RICHMOND

1719 NORTH 22ND STREET
RICHMOND,VA23223 		NONE PUBLIC CHARITY GENERAL PURPOSES 30,000

RICHMOND BALLET

407 EAST CANAL STREET
RICHMOND,VA23219 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

SHELTERING ARMS FOUNDATION

PO BOX 91758
RICHMOND,VA23291 		NONE PUBLIC CHARITY GENERAL PURPOSES 60,000

SOUTHAMPTON COUNTY HISTORICAL SOCIETY

PO BOX 112
COURTLAND,VA23837 		NONE PUBLIC CHARITY MUSEUM CONSTRUCTION 10,000

SPORTABLE

1365 OVERBROOK RD SUITE 2
RICHMOND,VA23220 		NONE PUBLIC CHARITY LIL SPOKES WHEELCHAIR BASKETBALL PROGRAM 10,000

ST ALBAN'S SCHOOL

MOUNT ST ALBAN
WASHINGTON,DC20016 		NONE PUBLIC CHARITY GENERAL PURPOSES & REYNOLDS INCL FD 60,000

ST CATHERINE'S SCHOOL FOUNDATION

6001 GROVE AVENUE
RICHMOND,VA23226 		NONE PUBLIC CHARITY GENERAL PURPOSES 150,000

ST JAMES'S CHILDREN'S CENTER

1205 W FRANKLIN STREET
RICHMOND,VA23220 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

ST JOHN'S CHURCH FOUNDATION

2319 E BROAD STREET
RICHMOND,VA23226 		NONE PUBLIC CHARITY PROJECT RED COAT 25,000

ST JOSEPH'S VILLA

8000 BROOK ROAD
RICHMOND,VA23227 		NONE PUBLIC CHARITY GENERAL PURPOSES 10,000

STRATFORD HALL

483 GREAT HOUSE ROAD
STRATFORD,VA22558 		NONE PUBLIC CHARITY GENERAL PURPOSES 5,000

SWIMRVA

5050 RIDGEDALE PARKWAY
RICHMOND,VA23234 		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000

THE DOORWAYS

612 EAST MARSHALL STREET
RICHMOND,VA23219 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

THE JOHN MARSHALL FOUNDATION

1108 E MAIN STREET SUITE 800
RICHMOND,VA23219 		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000

THE NEW YORK LANDMARKS CONSERVANCY

ONE WHITEHALL STREET 21ST FLOOR
NEW YORK,NY10004 		NONE PUBLIC CHARITY GENERAL PURPOSES 10,000

UP RVA

805 ARLINGTON CIRCL
RICHMOND,VA23229 		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000

VALENTINE MUSEUM

1015 EAST CLAY STREET
RICHMOND,VA23219 		NONE PUBLIC CHARITY GENERAL PURPOSES 100,000

VIRGINIA ATHLETICS ASSOCIATION

PO BOX 400833
CHARLOTTESVILLE,VA22904 		NONE PUBLIC CHARITY UVA GOLF EVENT 100,000

VIRGINIA CAPITAL TRAIL FOUNDATION

200 SOUTH THIRD STREET
RICHMOND,VA23219 		NONE PUBLIC CHARITY GENERAL PURPOSES 20,000

VIRGINIA MUSEUM OF FINE ARTS

200 N BOULEVARD
RICHMOND,VA23220 		NONE PUBLIC CHARITY GENERAL PURPOSES 35,000

VIRGINIA MUSEUM OF HISTORY AND CULTURE

PO BOX 7311
RICHMOND,VA23221 		NONE PUBLIC CHARITY JSR LEADERSHIP ROOM 250,000

VIRGINIA PUBLIC MEDIA

23 SESAME ST
RICHMOND,VA23235 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

VIRGINIA VOICE

395 AZALEA AVENUE
RICHMOND,VA23227 		NONE PUBLIC CHARITY GENERAL PURPOSES 10,000

VIRGINIA WAR MEMORIAL FOUNDATION

621 S BELVIDERE ST
RICHMOND,VA23220 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

WILTON HOUSE MUSEUM

215 SOUTH WILTON ROAD
RICHMOND,VA23226 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000
Total .................................right arrow 3a 1,960,000
bApproved for future payment
Total ................................. right arrow 3b 0
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 ........... 		    14 1,627  
4 Dividends and interest from securities ....     14 145,975  
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 .....     14 620,325  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 362,570  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,130,497 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,130,497
(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:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX AND ACCOUNTING FEES 19,872 9,936   9,936

TY 2022 InvestmentsCorpBondsSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Name of Bond End of Year Book Value End of Year Fair Market Value
PUBLICLY TRADED BONDS 892,168 830,936

TY 2022 InvestmentsCorpStockSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Name of Stock End of Year Book Value End of Year Fair Market Value
PUBLICLY TRADED STOCKS 1,201,978 2,230,796

TY 2022 InvestmentsOtherSchedule2
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BESPOKE CS - ABSOLUTE STRATEGIES AT COST 3,644,691 3,458,346
BESPOKE CS - GLOBAL EQUITY AT COST 9,149,201 8,221,959
BESPOKE CS - HEDGED EQUITY AT COST 2,526,430 3,542,876
BESPOKE CS - FIXED INCOME AT COST 942,897 848,572
BESPOKE PS - CREDIT OPPORTUNITIES AT COST 371,626 382,185
BESPOKE PS - TAX EXEMPT 2014 AT COST 363,827 603,803
BESPOKE PS - TAX EXEMPT 2015 AT COST 307,141 503,698
BESPOKE PS - TAX EXEMPT 2016 AT COST 497,902 1,085,497
BESPOKE PS - TAX EXEMPT 2017 AT COST 905,394 1,777,030
BESPOKE PS - TAX EXEMPT 2018 AT COST 979,894 1,354,154
BESPOKE PS - TAX EXEMPT 2019 AT COST 2,225,634 3,739,512
BESPOKE PS - TAX EXEMPT 2020 AT COST 1,673,300 2,413,226
BESPOKE PS - TAX EXEMPT 2021 AT COST 2,001,359 2,447,174
BESPOKE PS - TAX EXEMPT 2022 AT COST 728,862 707,508
INDUSTRY LITTLE HAWK FD I LP AT COST 36,013 36,012
INDUSTRY VENTURES PT HLDG VI LP AT COST 280,154 315,856
PARKER GLOBAL STRATEGIES LLC AT COST 18,312 18,312

TY 2022 LandEtcSchedule2
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND 33,275 0 33,275  
REFORESTATION COSTS (7/14/17) 3,788 2,435 1,353  
REFORESTATION COSTS (12/11/17) 4,157 2,673 1,484  
REFORESTATION COSTS (12/18/17) 3,378 2,173 1,205  
REFORESTATION-CHEMICAL THINNING 8,000 4,286 3,714  
REFORESTATION-CHEMICAL THINNING 1,901 974 927  
REFORESTATION-CHEMICAL THINNING 8,235 3,822 4,413  
REFORESTATION COSTS (4/5/19) 15,470 5,525 9,945  
REFORESTATION-CHEMICAL THINNING (5/3/19) 9,868 3,525 6,343  
REFORESTATION COSTS-CHEMICAL APPL (7/18/19)) 2,808 1,003 1,805  


TY 2022 OtherAssetsSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
CHARLES SCHWAB RECEIVABLE 162 103,793 103,793
OTHER NOTE RECEIVABLE   750,000 750,000


TY 2022 OtherExpensesSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 5,573 0   0
SCC REGISTRATION FEES 25 0   0
EXPENSES FROM PASS-THRU'S 68,920 68,902   0
CONTRIBUTIONS FROM PASS-THRU'S 2 0   0
BANK FEES 25 0   0


TY 2022 OtherIncomeSchedule2
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
BESPOKE CS ABSOLUTE STRATEGIES 227,782 227,782 227,782
BESPOKE CS FIXED INCOME -5,839 -5,839 -5,839
BESPOKE CS GLOBAL EQUITY 0 0 0
BESPOKE CS HEDGED EQUITY 28,099 28,099 28,099
BESPOKE PS CREDIT OPPORTUNITIES 2,821 2,821 2,821
BESPOKE PS SERIES TE 2014 102,013 102,013 102,013
BESPOKE PS SERIES TE 2015 8,755 8,755 8,755
BESPOKE PS SERIES TE 2016 48,243 48,243 48,243
BESPOKE PS SERIES TE 2017 93,326 93,326 93,326
BESPOKE PS SERIES TE 2018 125,364 125,364 125,364
BESPOKE PS SERIES TE 2019 -48,838 -48,838 -48,838
BESPOKE PS SERIES TE 2020 59,067 59,067 59,067
BESPOKE PS SERIES TE 2021 0 0 0
BESPOKE PS SERIES TE 2022 -20,764 -20,764 -20,764
INDUSTRY LITTLE HAWK FD I 199 199 199
INDUSTRY VENTURES PARTNERSHIP HLDGS VI -2 -2 -2
PARKER GLOBAL STRATEGIES 99 99 99


TY 2022 OtherIncreasesSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Description Amount
PASSIVE ACTIVITY LOSS LIMITATION 50,425


TY 2022 OtherLiabilitiesSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Description Beginning of Year - Book Value End of Year - Book Value
INSTALLMENT SALE DEFERRED GAIN 0 688,160


TY 2022 OtherProfessionalFeesSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 66,284 66,284   0
ADR & BROKER FEES 6 6   0


TY 2022 TaxesSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID - WITHHELD ON DIVIDENDS 113 113   0
FOREIGN TAXES PAID - PASS-THRU'S 2 2   0
OTHER STATE PTE TAX 28 28   0
FORM 990PF EXCISE TAX 89,338 0   0