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 07-01-2022 , and ending 06-30-2023
Name of foundation
THE PATTERSON FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2 N TAMIAMI TRAIL 206
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SARASOTA, FL34236
A Employer identification number

65-6230256
B Telephone number (see instructions)

(941) 952-1413
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$279,008,014J 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... 4,232,755 4,220,897  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
10,332,794
b Gross sales price for all assets on line 6a 37,744,354
7 Capital gain net income (from Part IV, line 2)... 10,339,668
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
0 4,246,401  
12 Total. Add lines 1 through 11........ 14,565,549 18,806,966  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,047,993 705,560   412,692
14 Other employee salaries and wages...... 366,123 0   734,415
15 Pension plans, employee benefits....... 296,895 5,754   289,395
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
2,879 0   3,585
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
49,009 0   54,677
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
2,100,868 147,826   1,301,065
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
287,990 0   0
19 Depreciation (attach schedule) and depletion... 22,999 0  
20 Occupancy.............. 293,328 0   271,717
21 Travel, conferences, and meetings....... 269,908 0   272,252
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,090,996 0   2,038,761
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,828,988 859,140   5,378,559
25 Contributions, gifts, grants paid....... 5,013,448 5,932,256
26 Total expenses and disbursements. Add lines 24 and 25 11,842,436 859,140   11,310,815
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,723,113
b Net investment income (if negative, enter -0-) 17,947,826
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............. 1,317,673 2,764,539 2,764,539
2 Savings and temporary cash investments.........      
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.......... 280,536 391,276 391,276
10a Investments—U.S. and state government obligations (attach schedule) 16,664,673 Click to see attachment
List of Attached Documents:
// Content
22,570,372 		22,570,372
b Investments—corporate stock (attach schedule)....... 113,941,856 Click to see attachment
List of Attached Documents:
// Content
130,098,985 		130,098,985
c Investments—corporate bonds (attach schedule)....... 9,895,153 Click to see attachment
List of Attached Documents:
// Content
8,409,622 		8,409,622
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).......... 131,306,761 Click to see attachment
List of Attached Documents:
// Content
113,889,714 		113,889,714
14 Land, buildings, and equipment: basis right arrow397,852
Less: accumulated depreciation (attach schedule) right arrow343,679 78,673 54,173 54,173
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
642,228 		Click to see attachment
List of Attached Documents:
// Content
829,333 		Click to see attachment
List of Attached Documents:
// Content
829,333
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 274,127,553 279,008,014 279,008,014
Liabilities 17 Accounts payable and accrued expenses.......... 281,740 553,601
18 Grants payable................. 1,000,000 81,192
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
1,610,780 		Click to see attachment
List of Attached Documents:
// Content
1,769,939
23 Total liabilities (add lines 17 through 22)......... 2,892,520 2,404,732
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........... 271,235,033 276,603,282
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........    
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)..... 271,235,033 276,603,282
30 Total liabilities and net assets/fund balances (see instructions). 274,127,553 279,008,014
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
271,235,033
2
Enter amount from Part I, line 27a .....................
2
2,723,113
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,682,482
4
Add lines 1, 2, and 3 ..........................
4
276,640,628
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
37,346
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
276,603,282
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 PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 37,744,354   27,404,686 10,339,668
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       10,339,668
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 10,339,668
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) 1 249,475
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........................... 3 249,475
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- ..... 5 249,475
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 393,214
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 393,214
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 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 10 143,739
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow62,369 Refundedright arrow 11 81,370
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowFL, IL
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.THEPATTERSONFOUNDATION.ORG/
14
The books are in care ofright arrowTHE PATTERSON FOUNDATION Telephone no.right arrow (941) 952-1413

Located atright arrow2 N TAMIAMI TRAIL SUITE 206SARASOTAFL ZIP+4right arrow34236
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
 
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
JOHN T BERTEAU CHAIRMAN EMERITUS
3.00 		0 0 0
2 N TAMIAMI TRAIL SUITE 206
SARASOTA,FL34236
RIC GREGORIA CHAIRMAN
3.00 		0 0 0
2 N TAMIAMI TRAIL SUITE 206
SARASOTA,FL34236
CHARLES D BAILEY JR VICE CHAIRMAN
3.00 		0 0 0
2 N TAMIAMI TRAIL SUITE 206
SARASOTA,FL34236
DEBRA JACOBS PRESIDENT & CEO
40.00 		458,547 76,606 0
2 N TAMIAMI TRAIL SUITE 206
SARASOTA,FL34236
NORTHERN TRUST TRUSTEE
40.00 		659,706 0 0
1515 RINGLING BLVD 200
SARASOTA,FL34236
DAVE BULLOCK GOVERNING BOARD MEMBER
3.00 		0 0 0
2 N TAMIAMI TRAIL SUITE 206
SARASOTA,FL34236
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
ELIZABETH DUDA INITIATIVE MANAGER
40.00 		187,500 67,759 0
2 N TAMIAMI TRAIL SUITE 206
SARASOTA,FL34236
NANCY HENRY OFFICE MANAGER
40.00 		85,923 58,414 0
2 N TAMIAMI TRAIL SUITE 206
SARASOTA,FL34236
MICHAEL ZIMMERMAN TPF FELLOW
40.00 		90,000 15,078 0
2 N TAMIAMI TRAIL SUITE 206
SARASOTA,FL34236
STACY STERNBERG COMMUNICATIONS COORD
40.00 		63,740 24,678 0
2 N TAMIAMI TRAIL SUITE 206
SARASOTA,FL34236
CONNOR LAGRANGE TPF FELLOW
40.00 		61,250 25,134 0
2 N TAMIAMI TRAIL SUITE 206
SARASOTA,FL34236
Total number of other employees paid over $50,000...................right arrow 8
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
AD VANCE TALENT SOLUTIONS INC STAFFING/HUMAN RESOURCE 781,300
3911 GOLF PARK LOOP 103
BRADENTON,FL34203
NO MARGIN NO MISSION LLC CONTRACTOR 267,000
3121 NORTH CLERMONT PLACE
TACOMA,WA98407
ONE SARASOTA TOWER LLLP RENT 205,839
2N TAMIAMI TRAIL
SARASOTA,FL34236
CORYEA CONSULTING LLC CONTRACTOR 183,471
10711 COUNTRY RIVER DRIVE
PARRISH,FL34219
MAGNIFY GOOD CONTRACTOR 161,725
1962 MAIN ST SUITE 200
SARASOTA,FL34236
Total number of others receiving over $50,000 for professional services.............right arrow15
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
266,419,319
b
Average of monthly cash balances.......................
1b
3,646,116
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
270,065,435
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
270,065,435
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
4,050,982
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
266,014,453
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
13,300,723
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
13,300,723
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
249,475
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
35,407
c
Add lines 2a and 2b............................
2c
284,882
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
13,015,841
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
13,015,841
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
13,015,841
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
11,310,815
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
11,310,815
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 13,015,841
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 6,026,420
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 11,310,815
a Applied to 2021, but not more than line 2a 6,026,420
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..... 5,284,395
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 .......... 		7,731,446
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (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

THE BAY PARK CONSERVANCY INC

655 N TAMIAMI TRAIL
SARASOTA,FL34236 		NONE PC PROPELLING POSITIVE MOMENTUM IN FUNDRAISING EFFORT 1,000,000

CENTER FOR DISASTER PHILANTROPY

1201 CONNECTICUT AVE NW S-300
WASHINGTON,DC20036 		NONE PC ATLANTIC HURRICANE RECOVERY FUND - SUPPORT FOR HURRICANE FIONA; TURKEY & SYRIA EARTHQUAKE RECOVERY FUND; US TORNADOES RECOVERY FUND 725,000

COMMUNITY FOUNDATION OF SARASOTA COUNTY

2635 FRUITVILLE RD
SARASOTA,FL34237 		NONE PC EDEXPLORESRQ ENDOWMENT FUND; NURTURE FUND; SEASON OF SHARING; SUNCOAST DISASTER RECOVERY FUND - HURRICANE IAN; PAY IT FORWARD FUND; TPF DONOR ADVISED FUND 3,436,236

FOUNDATIONS INC

701 E GATE DRIVE SUITE 300
MT LAUREL,NJ08054 		NONE PC NATIONAL CAMPAIGN FOR GRADE LEVEL READING 250,000

GULF COAST COMMUNITY FOUNDATION OF VENICE

601 S TAMIAMI TR
VENICE,FL34285 		NONE PC NURTURE FUND 100,000

HARWOOD INSTITUTE

4915 SAINT ELMO AVE STE 402
BETHESDA,MD20814 		NONE PC HARWOOD CIRCLE OF CATALYTIC FUNDERS 50,000

NETHOPE INC

10615 JUDICIAL DR SUITE 402
FAIRFAX,VA22030 		NONE PC TURKEY & SYRIA EARTHQUAKE RECOVERY FUND 125,000

SCHOOL BOARD OF SARASOTA COUNTY

1960 LANDINGS BLVD
SARASOTA,FL34231 		NONE PC CAMPAIGN FOR GRADE LEVEL READING - DATABASE ENGINEER COORDINATOR; SYSTEMS PROGRAMMER III; EXPERIENTIAL LEARNING AND EARLY LEARNING EDEXPLORESRQ 186,020

SCHOOL DISTRICT OF MANATEE COUNTY

215 MANATEE AVENUE WEST
BRADENTON,FL34205 		NONE PC CAMPAIGN FOR GRADE LEVEL READING - DATA COORDINATOR 60,000
Total .................................right arrow 3a 5,932,256
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 ........... 		         
4 Dividends and interest from securities ....     14 4,232,755  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 10,332,794  
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 14,565,549 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
14,565,549
(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 PATTERSON FOUNDATION
EIN:
65-6230256
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 49,009 0   54,677

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

TY 2022 GainLossSaleOtherAssetsSch
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
LOSS ON DISPOSAL OF EQUIPMENT   PURCHASED       6,874 COST 0 -6,874  

TY 2022 GeneralExplanationAttachment
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Identifier Return Reference Explanation
BREAK DOWN OF NORTHERN TRUST FEES FORM 990-PF - PART VIII AS BOTH TRUSTEE AND INVESTMENT BROKER FOR TPF, NORTHERNTRUST RECEIVES BOTH CUSTODIAL/INVESTMENT FEES ANDOUTSIDE INVESTMENT FEES WHICH BREAK DOWN AS FOLLOWS:CUSTODIAL/INVESTMENT FEES: 659,706OUTSIDE INVESTMENT FEES: 147,826TOTAL FEES: 807,532
FIXED ASSETS FORM 990-PF - PART II - LINE 14 FURNITURE AND FIXTURES 157,114LEASEHOLD IMPROVEMENTS 47,756COMPUTERS AND EQUIPMENT 192,982LESS ACCUMULATED DEPRECIATION (343,679)NET BOOK VALUE 54,173

TY 2022 InvestmentsCorpBondsSchedule
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Name of Bond End of Year Book Value End of Year Fair Market Value
AERCAP IRELAND CAP / GLOBA 3.3% DUE 01-30-2032 BEO 32,724 32,724
AT&T INC 5.4% 02-15-2034 90,155 90,155
BANK AMER CORP 5.015% DUE 07-22-2033/01-22-2023 BEO 166,301 166,301
BANK NOVA SCOTIA B C 3.625% 10-27-2081 141,373 141,373
BARCLAYS PLC 2.894% DUE 11-24-2032 BEO 98,371 98,371
BGC PARTNERS INC 4.375% DUE 12-15-2025 BEO 138,460 138,460
BLOCK FINL LLC 3.875% DUE 08-15-2030/08-07-2020 REG 114,646 114,646
BOARDWALK PIPELINES LP 3.6% DUE 09-01-2032/02-16-2022 BEO 50,938 50,938
CES MU2 LLC 1.994% DUE 05-13-2027 REG SINKING FUND 08-13-2017 114,073 114,073
CHARTER COMMUNICATIONS OPER LLC / CHARTER COMMUNICATIONS OPER CAP CORP 6. 89,311 89,311
CROWLEY CONRO LLC 4.181% DUE 08-15-2043/02-15-2019 REG SINKING FUND 02 93,035 93,035
DEUTSCHE BK AG N Y BRANCH 2.129% DUE 11-24-2026/11-24-2025 REG 160,150 160,150
DIAMONDBACK ENERGY INC 4.25% DUE 03-15-2052 BEO 92,040 92,040
ENBRIDGE INC 5.7% 03-08-2033 96,304 96,304
ENERGY TRANSFER PARTNERS L P 5.15% DUE 03-15-2045 51,740 51,740
EQT CORPORATION 5.7% DUE 04-01-2028 BEO 88,827 88,827
HILL CITY FDG TR PRE CAPITALIZED TR SEC 144A 4.046% 08-15-2041 85,179 85,179
HNA 2015 LLC 2.291% DUE 06-30-2027/06-30-2023 REG SINKING FUND 09 104,151 104,151
HNA 2015 LLC 2.369% DUE 09-18-2027/03-18-2016 REG 120,331 120,331
JBS USA LUX S A / JBS USA FOOD CO / SR NT 144A 6.5% 12-01-2052 85,293 85,293
JETBLUE AWYS CORP FIXED 7.75% DUE 05-15-2030 125,983 125,983
JOHN SEVIER COMB CYCLE 4.626% 1-15-42 183,125 183,125
JPMORGAN CHASE & CO 2.58% 04-22-2032 149,511 149,511
KYNDRYL HLDGS INC GTD SR NT 2.7% 10-15-2028 109,848 109,848
LEHIGH UNIV 2.553% DUE 11-15-2043/08-19-2020 REG SINKING FUND 11 82,047 82,047
M D C HLDGS INC 6.0% DUE 01-15-2043/01-10-2013 REG 130,781 130,781
M.D.C.HLDGS INC 3.966% 08-06-2061 26,851 26,851
MACQUARIE GROUP LTD SR MEDIUM TERM 1.34%01-12-2027 120,164 120,164
MANULIFE FINL CORP 4.061% DUE 02-24-2032/02-24-2027 REG 116,363 116,363
MARRIOTT INTL INC NEW 4.5% DUE 10-01-2034/12-16-2016 REG 136,056 136,056
MORGAN STANLEY 4.431% 01-23-2030 80,872 80,872
MORGAN STANLEY 4.889% 07-20-2033 48,122 48,122
MORGAN STANLEY 5.297% 04-20-2037 37,848 37,848
NASDAQ INC 5.95% 08-15-2053 66,553 66,553
NORTHWELL HEALTHCARE INC 4.26% 11-01-2047 90,274 90,274
NORTHWESTERN UNIV 3.688% DUE 12-01-2038 BEO 70,945 70,945
NRG ENERGY INC 4.45% DUE 06-15-2029/05-28-2019 BEO 92,804 92,804
NVENT FINANCE S A R L 4.55% DUE 04-15-2028 98,219 98,219
OLD REP INTL CORP SR NT 3.85% 06-11-2051 71,343 71,343
OWENS CORNING NEW 4.3% DUE 07-15-2047/06-26-2017 REG 61,376 61,376
PACIFIC GAS & ELEC CO 4.95% DUE 07-01-2050/07-01-2020 REG 102,103 102,103
PFIZER INVESTMENT ENTER 4.75% 05-19-2033 99,623 99,623
PG&E WILDFIRE RECOVERY FDG LLC 4.451% DUE 12-01-2047 REG 100,184 100,184
PG&E WILDFIRE RECOVERY FDG LLC SR SECD RECOVERY BD SER 5.212% 12-01-2049 99,744 99,744
PRECISION CASTPARTS CORP 4.2% DUE 06-15-2035/06-10-2015 REG 151,174 151,174
PUGET SOUND ENERGY INC 6.274% DUE 03-15-2037/09-18-2006 BEO 142,774 142,774
PULTE HOMES INC 7.875% DUE 06-15-2032 BEO 141,643 141,643
PVPTL DELTA AIR LINES/SKYMILES 4.75% DUE 10-20-2028 135,896 135,896
PVPTL SPRINT SPECTRUM CO LLC / SPRINT 4.738% 144A 03-20-2025 1 1
PVTPL ALLIANZ SE ALLIANZ SE 3.2% DUE 12-31-2049/10-30-2027 BEO 147,520 147,520
PVTPL AMERICAN TOWER TR I SECD TOWER REV SECS SER 2018-1A 03-23-2028 116,103 116,103
PVTPL ATHENE GLOBAL FDG 1.985% 08-19-2028 92,285 92,285
PVTPL AUSTRALIA & NEW ZEALAND BKG GROUP LTD 2.57% DUE 11-25-2035/11-25-2020 79,760 79,760
PVTPL BROADCOM INC AVGO 3.187 11/15/36 3.187% DUE 11-15-2036/09-30-2021 BEO 79,354 79,354
PVTPL JBS USA LUX S A/JBS USA FOOD CO/JBS SR NT 4.375% 02-02-2052 49,097 49,097
PVTPL NATIONWIDE MUT INS CO 4.35% DUE 04-30-2050/04-30-2020 BEO 91,043 91,043
PVTPL NEW YORK LIFE INSURANCE 5.875% DUE 05-15-2033 129,092 129,092
PVTPL NORTHWESTERN MUT LIFE INS CO - INS PRODS 6.063% DUE 03-30-2040 134,683 134,683
PVTPL SOCIETE GENERALE MEDIUM TERM NTS BOOK EN 1.488% DUE 12-14-2026 175,993 175,993
PVTPL VISTRA OPERATIONS CO LLC 3.7% 01-30-2027 123,629 123,629
PVTPL XSTRATA FIN CDA LTD NT 6.0% DUE 11-15-2041 BEO 59,566 59,566
RELIANCE INDS LTD 2.444% DUE 01-15-2026 REG SINKING FUND 01-15-2024 98,157 98,157
RELIANCE STD LIFE GLOBAL FDG II MED TERMNTS BOOK ENTRY 144A 2.5% DUE 10-30-2 161,008 161,008
ROYAL BANK OF CANADA 4.9% DUE 01-12-2028 98,693 98,693
SANDALWOOD 2013 LLC 2.836% DUE 07-10-2025 BEO 29,205 29,205
SBA TOWER TR 1.631% DUE 05-15-2051 BEO 125,070 125,070
SCHWAB CHARLES CORP NEW DEP SHS REPSTG 1/100TH INT 4.0% 12-31-2250 94,867 94,867
SCIENCE APPLICATIONS INTL CORP 5.5% DUE 07-01-2033 REG 135,519 135,519
SCIENCE APPLICATIONS INTL CORP 7.125% DUE 07-01-2032 BEO 31,538 31,538
SOUTHERN CALIFORNIA EDISON CO 1ST & REF MTG BD SER 2022G 5.95% 11-01-2032 109,903 109,903
STEEL DYNAMICS INC FIXED 3.25% DUE 01-15-2031 108,339 108,339
SWISS RE FIN LUXEMBOURG S A 144A FIXED 5% 04-02-2049 191,000 191,000
T-MOBILE USA INC FIXED 4.375% DUE 04-15-2040 158,957 158,957
TARGA RES CORP 6.5% DUE 02-15-2053 148,078 148,078
TORONTO-DOMINION BANK 3.625% DUE 09-15-2031/09-15-2026 REG 78,424 78,424
U S BANCORP 4.967% DUE 07-22-2033 54,359 54,359
U S BANCORP 5.775% 06-12-2029 99,970 99,970
UNITEDHEALTH GROUP INC 6.05% DUE 02-15-2063/10-28-2022 BEO 62,193 62,193
VALMONT INDS INC 5.0% DUE 10-01-2044/09-22-2014 REG 153,449 153,449
WARNERMEDIA HOLDINGS INC. 5.05% 03-15-2042 59,001 59,001
WESTPAC BANKING CORPORATION 2.668% DUE 11-15-2035 REG 76,739 76,739
WESTVACO CORP DEL 7.95% DUE 02-15-2031 BEO 73,618 73,618
WEYERHAEUSER CO 6.875% DUE 12-15-2033/12-17-2002 BEO 97,781 97,781

TY 2022 InvestmentsCorpStockSchedule
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES, COMMON STOCK, NO PAR 285,850 285,850
ACCENTURE PLC SHS CL A NEW 297,471 297,471
ACTIVISION BLIZZARD INC COM STK 199,875 199,875
ADOBE SYS INC COM 731,529 731,529
ADR MICHELIN COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN ADR 170,984 170,984
ADR MITSUBISHI UFJ FINL GROUP INC SPONSORED ADR 126,027 126,027
ADR SONY GROUP CORPORATION SPON ADS EACH REPR 1 ORD SHS 243,108 243,108
AIRBNB INC CL A COM USD0.0001 CL A 307,456 307,456
ALCON AG COM USD0.04 WI 230,154 230,154
ALIGN TECHNOLOGY INC COM 99,726 99,726
ALPHABET INC CAP STK USD0.001 CL C 519,324 519,324
AMAZON COM INC COM 922,949 922,949
AMERIPRISE FINL INC COM 272,371 272,371
AMGEN INC COMMON STOCK 199,818 199,818
ANSYS INC COM 274,124 274,124
ATMOS ENERGY CORP COM 223,605 223,605
AUTODESK INC., COMMON STOCK 420,678 420,678
BLACKSTONE INC COM USD0.00001 184,081 184,081
CAPITAL ONE FINL CORP COM 204,522 204,522
CF BLACKROCK EM FRONTIERS FD LTD CL F 2,098,315 2,098,315
CF CF BURGUNDY DST FOCUS ASIAN EQUITY 6,913,833 6,913,833
CF THE MARATHON-LONDON INTERNATIONAL INVESTMENT TRUST I 10,625,066 10,625,066
CF TIG ZEBEDEE CORE FUND LIMITED SUB CL A USD 2,177,096 2,177,096
CINCINNATI FINANCIAL CORP., COMMON STOCK, $2 PAR 153,571 153,571
COCA COLA CO COM 225,825 225,825
COMMERCE BANCSHARES, INC., COMMON STOCK, $10 PAR 103,585 103,585
CONSTELLATION BRANDS INC CL A CL A 175,983 175,983
CORTEVA INC COM USD0.01 WI 335,205 335,205
COTERRA ENERGY INC COM 187,220 187,220
CROWN CASTLE INC COM 135,589 135,589
CULLEN / FROST BANKERS INC COM 127,961 127,961
DANAHER CORP. COMMON STOCK $.01 PAR 241,920 241,920
DOCUSIGN INC COM 89,254 89,254
ECOLAB INC COM STK USD1 196,398 196,398
EQUITY LIFESTYLE PPTYS INC REIT 140,201 140,201
GARTNER INC COM 147,831 147,831
GENERAL DYNAMICS CORP. COMMON STOCK, $1 PAR 182,878 182,878
HONEYWELL INTL INC COM STK 212,273 212,273
ILLUMINA INC COM 195,177 195,177
LENNAR CORP CL A CL A 313,275 313,275
MARTIN MARIETTA MATLS INC COMMON STOCK 300,099 300,099
MASTERCARD INC CL A 381,894 381,894
MEDTRONIC PLC COMMON STOCK 158,580 158,580
MERCK & CO INC NEW COM 246,242 246,242
MFO DFA EMERGING MARKETS VALUE 4,007,581 4,007,581
MFO VAN ECK EMERGING MARKETS-I 4,228,610 4,228,610
MFO VANGUARD DEVELOPED MARKETS INDEX INSTL 27,499,954 27,499,954
MFO VANGUARD INDEX FUNDS STK MKT INST 56,135,289 56,135,289
MICROCHIP TECHNOLOGY INC COM 322,524 322,524
MICROSOFT CORP COM 872,804 872,804
NETFLIX INC COM STK 626,817 626,817
NIKE INC CL B CL B 147,896 147,896
OSHKOSH CORPORATION 120,360 120,360
PARKER-HANNIFIN CORP., COMMON STOCK, NO PAR 331,534 331,534
PAYPAL HLDGS INC COM 308,359 308,359
PHILLIPS 66 COM 133,532 133,532
PNC FINANCIAL SERVICES GROUP COM STK 157,941 157,941
PROCTER & GAMBLE COM NPV 203,028 203,028
QUALCOMM INC COM 214,272 214,272
RPM INTERNATIONAL INC 192,920 192,920
SALESFORCE INC COM USD0.001 344,143 344,143
SERVICENOW INC COM USD0.001 478,236 478,236
SYSCO CORP., COMMON STOCK, $1 PAR 163,463 163,463
THERMO FISHER CORP 220,179 220,179
UNITEDHEALTH GROUP INC COM 260,988 260,988
US BANCORP 25,903 25,903
VISA INC COM CL A STK 358,595 358,595
WORKDAY INC CL A COM USD0.001 155,186 155,186
XCEL ENERGY INC COM 200,498 200,498
XYLEM INC COM 216,230 216,230
ZOETIS INC COM USD0.01 CL 'A' 193,220 193,220

TY 2022 InvestmentsGovtObligationsSch
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
US Government Securities - End of Year Book Value:

20,621,067
US Government Securities - End of Year Fair Market Value:

20,621,067
State & Local Government Securities - End of Year Book Value:


1,949,305
State & Local Government Securities - End of Year Fair Market Value:


1,949,305


TY 2022 InvestmentsOtherSchedule2
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ABERDEEN INTERNATIONAL PARTNERS II (OFFSHORE), LP FMV 518,984 518,984
ABERDEEN INTERNATIONAL PARTNERS III (OFFSHORE), LP FMV 1,919,440 1,919,440
ABERDEEN U.S. PRIVATE EQUITY IV (OFFSHORE), L.P. FMV 546,653 546,653
ABERDEEN U.S. PRIVATE EQUITY V (OFFSHORE), L.P. FMV 611,423 611,423
ABERDEEN VENTURE PARTNERS VII (OFFSHORE), L.P. FMV 530,224 530,224
ABERDEEN VENTURE PARTNERS VIII (OFFSHORE), L.P. FMV 2,162,619 2,162,619
AEA INVESTORS FUND VI LP FMV 3,839,477 3,839,477
AMERICAN SECURITIES PARTNERS VII LP FMV 6,766,074 6,766,074
AMSR 2021-SFR3 TR SINGLE FAMILY RENT PASSTHRU 1.726% 10-17-2038 FMV 174,700 174,700
AUGUST CAPITAL VII FMV 5,947,681 5,947,681
BANK 2021-BNK31 COML MTG PASSTHRU CTF CLA-S 2.211% DUE 02-15-2054 REG FMV 68,960 68,960
BPR TR 2021-KEN COML MTG PASSTHRU CTF CLA 144A 6.67448% DUE 02-15-2029 BEO FMV 103,019 103,019
BX COML MTG TR 2021-VOLT MTG PASS THRU CTF CL C 144A 6.52496% DUE 09-15-2036 FMV 189,963 189,963
CCHFH FUNDING CO LLC SECURED NOTE FMV 942,498 942,498
CEVINE CAPITAL MANAGEMENT VI (NO.1) FEEDER LP FMV 5,493,468 5,493,468
CF BBCM OFFS HORE FUND CL A SER FEB 2019 FMV 2,281,052 2,281,052
CF BBCM OFFS HORE FUND LTD FMV 1,556,689 1,556,689
CF CAMBER CAPITAL OFFSHORE FND LTD CL A-1V SER 03 FMV 2,962,021 2,962,021
CF HG VORA SPECIAL OPPORTUNITUES LTD CL A SUB CLASS 1-ILG-INITIAL FMV 3,728,005 3,728,005
CF MARINER ATLANTIC MULTI-STRATEGY FUND LTD CL N SER 1 ACCU -INITIAL SERIES FMV 3,222,727 3,222,727
CF NUT TREE OFFSHORE FUND, LTD GENERAL SERIES 1 JANUARY 2020 FMV 2,638,956 2,638,956
CF NUT TREE OFFSHORE FUND, LTD GENERAL SERIES 10 OCTOBER 2022 FMV 540,690 540,690
CF OLD ORCHARD CREDIT FUND, LTD. SUB SER1 FMV 3,300,324 3,300,324
CF OPTI OPP CI FUND,LTD CL 1(NR)- FOUNDERS SERIES 11 -18 FMV 3,298,119 3,298,119
CF PENTWATER MREGER ARBITRAGE FUND LTD. INITIAL SERIES CL A NR NV FMV 2,850,929 2,850,929
CF TRESIDOR EUROPE CREDIT F ICAV CLASS C 150 US U SER 2302 FMV 2,527,998 2,527,998
CLI FDG VIII LLC ASSET BACKED NT SER 2023-1 144A CL A 6.0% DUE 06-18-2048 BE FMV 129,577 129,577
CMO DBGS 2018-C1 MTG TR COML MTG PASS THRU CTF CL A-3 4.197% 08-15-2028 FMV 148,693 148,693
CMO SMALL BUSINESS ADMIN GTD DEV 2010-20I CL 1 3.21% DUE 09-01-2030 REG FMV 61,993 61,993
CVS CAREMARK CORP 6.036% DUE 12-10-2028 REG SINKING FUND 07-10-2009 FMV 93,329 93,329
DIAMETER OFFSHORE FUND LP FMV 3,951,834 3,951,834
DLLST 2022-1 LLC ASSET BACKED NT CL A-4 144A 3.69% DUE 09-20-2028 BEO FMV 115,754 115,754
FORD CREDIT AUTO OWNER TRUST SER 22-C CL A4 4.59% DUE 12-15-2027 BEO FMV 187,080 187,080
FOUNDRY GROUP NEXT LP FMV 8,008,554 8,008,554
FRAZIER HEALTHCARE GROWTH BUYOUT FUND VIII LP FMV 4,032,907 4,032,907
GM FINANCIAL SECURITIZED TERM SER 22-4 CL A3 4.82% DUE 08-16-2027 REG FMV 207,591 207,591
HOUSATONIC EQUITY INVESTORS VI LP FMV 3,595,991 3,595,991
INDUS PACIFIC OPPORTUNITIES FUND FMV 1 1
INSTITUTIONAL VENTURE PARTNERS XVI FMV 7,681,539 7,681,539
KNIGHTHEAD SPECIAL SITUATIONS REAL ESTATE FUND II, LP FMV 84,963 84,963
MARINER FIN ISSUANCE TR 2021-A ASSET BACKED NT CL A 144A 1.86% 03-20-2036 FMV 153,644 153,644
MASSACHUSETTS EDL FING AUTH N/C 2.3% DUE02-25-2040 BEO SINKING FUND 08-25-20 FMV 83,812 83,812
MED TR 2021-MDLN COML MTG PASS THRU CTF CL B 6.87448% 11-15-2038 FMV 158,444 158,444
NEW ECONOMY ASSETS PHASE 1 ISSUER NET LEASE MTG NT SER 2021-1 2.41% 10-20-20 FMV 112,419 112,419
NORDIC CAPITAL IX ALPHA LP FMV 7,978,923 7,978,923
ONEMAIN DIRECT AUTO RECEIVABLES TR 2022-1 ASSET BACKED NT CL A-1 144A 4.65%D FMV 136,379 136,379
PAMLICO CAPITAL IV LP FMV 5,972,291 5,972,291
PEAK ROCK CAPITAL CREDIT FUND II A LP FMV 385,666 385,666
PEAK ROCK CAPITAL FUND II-A LP FMV 1,583,017 1,583,017
PROGRESS RESIDENTIAL 2021-SFR2 TR SINGLE-FAMILY RENT PASS 1.796% 04 FMV 106,397 106,397
PVTPL AB ISSUER LLC 2021-1 SR SECD NT CLA-2 144A 3.734% DUE 07-30-2051 BEO FMV 162,385 162,385
PVTPL CAJUN GLOBAL LLC SR SECD NT CL A-2 144A 3.931% 11-20-2051 FMV 134,975 134,975
PVTPL CMO COMM MTG TR SER 20-CBM CL A2 2.896% 11-13-2039 BEO FMV 93,517 93,517
PVTPL CMO IMS ECUADORIAN MTG 2021-1 TR 18/08/2043 3.4% DUE 08-18-2043 BEO FMV 151,936 151,936
PVTPL CMO KNDR TR 2021-KIND SR 21-KIND CL B VAR RT 08-15-2026 FMV 136,303 136,303
PVTPL CMO LA HIPOTECARIA EL SALVADORIAN SER 2013-1A CL A 3.4975% 10-25-2041 FMV 80,247 80,247
PVTPL CMO LA HIPOTECARIA MTG TR 2019-1 PASSTHRU TR CTF 144A 4.25% 09-29-2046 FMV 129,026 129,026
PVTPL CMO MHC COML MTG TR 2021-MHC CL B FLTG DUE 04-15-2026 BEO FMV 175,937 175,937
PVTPL CMO VASA TR 2021-VASA CL A VAR RT DUE 07-15-2039 BEO FMV 114,227 114,227
PVTPL CMO WELLS FARGO COML MTG SR 2019-JWDR CL A 2.58386% 09-15-2026 FMV 288,655 288,655
PVTPL COINSTAR FDG LLC SR SECD NT CL A-25.216% DUE 04-25-2047 REG FMV 78,917 78,917
PVTPL DRIVEN BRANDS FDG LLC SR SECD NT SER 2019-2 CL A-2 144A 3.981% DUE 10 FMV 218,815 218,815
PVTPL EDVESTINU PRIVATE ED LN ISSUE NO 2SER 19-A CL A FLTG 144A 11-25-2038 FMV 72,480 72,480
PVTPL HOME PARTNERS AMER 2021-3 TR 21-3 CL B 2.649% DUE 01-17-2041 BEO FMV 190,229 190,229
PVTPL HOTWIRE FDG LLC 2021-1 SECD FIBER CL A-2 2.311% 11-20-2051 FMV 144,555 144,555
PVTPL SBA TOWER TR 2.836% 144A 15/01/2050 2.836% DUE 01-15-2050 REG FMV 166,165 166,165
PVTPL SEB FDG LLC SR SECD NT SER 2021-A CL A-2 4.969% 01-30-2052 FMV 148,741 148,741
PVTPL SERVPRO MASTER ISSUER LLC 2019-1 SR SECD NT CL A-2 144A 3.882% DUE 10 FMV 176,000 176,000
PVTPL SUMMIT ISSUER LLC SECD DARK FIBER NETWORK REV NT 144A 3C7 SER 2020-1 C FMV 89,284 89,284
PVTPL T-MOBILE US TR 2022-1 SER 22-1A CL A 144A 4.91% 05-22-2028 FMV 148,213 148,213
SANTANDER DRIVE AUTO RECEIVABLES TR 20224.49% DUE 11-16-2026 REG SER 22-6 CL FMV 98,760 98,760
SANTANDER DRIVE AUTO RECEIVABLES TR 2022SR 22-3 CL B 4.59% 08-16-2027 FMV 121,644 121,644
SK CAPITAL PARTNERS IV-B, LP FMV 2,959,724 2,959,724
SMALL BUSINESS ADMINISTRATION SER 2019-10A CL 1 3.113% 03-10-2029 FMV 88,594 88,594
VARADERO PARTNERS LP FMV 3,890,805 3,890,805
WORLD OMNI AUTO RECEIVABLES SRS 20-C CL B .87% DUE 10-15-2026 FMV 136,089 136,089

TY 2022 LegalFeesSchedule
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 2,879 0   3,585


TY 2022 OtherAssetsSchedule
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
RABBI TRUST 642,228 717,640 717,640
RIGHT OF USE ASSET 0 111,693 111,693


TY 2022 OtherDecreasesSchedule
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Description Amount
DEFERRED EXCISE TAX 37,346


TY 2022 OtherExpensesSchedule
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES & SUBSCRIPTIONS 95,209 0   95,209
POSTAGE & PRINTING 6,548 0   4,182
POSTAGE & PRINTING - INITIATIVES 225,089 0   225,089
INTERNET/TELECOMMUNICATIONS 42,800 0   42,800
INTERNET/TELECOMMUNICATIONS-INITIATIVES 219,782 0   208,241
MISCELLANEOUS 22,834 0   22,834
COMPUTER EXPENSES 35,798 0   40,177
COMPUTER EXPENSES - INITIATIVES 9,259 0   9,259
OFFICE SUPPLIES 13,733 0   13,406
OFFICE SUPPLIES - INITIATIVES 14,488 0   14,488
SPONSORSHIPS 5,030 0   5,030
INSURANCE 11,119 0   11,594
ADMINISTRATIVE MANAGEMENT 37,400 0   39,133
ADMINISTRATIVE MANAGEMENT - INITIATIVES 10,000 0   10,000
MEDIA - INITIATIVES 4,908 0   4,908
INITIATIVE OTHER EXPENSES 716,856 0   678,620
OUTSIDE CONTRACT SERVICES 42,869 0   42,869
OUTSIDE CONTRACT SERVICES - INITIATIVES 410,683 0   404,331
PAYROLL FEES 3,890 0   3,890
PAYROLL FEES - INITIATIVES 162,351 0   162,351
COLLATERAL/APPAREL 350 0   350


TY 2022 OtherIncomeSchedule2
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
NET PARTNERSHIP INCOME   4,246,401  


TY 2022 OtherIncreasesSchedule
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Description Amount
UNREALIZED GAIN ON SECURITIES 2,682,482


TY 2022 OtherLiabilitiesSchedule
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAX LIABILITY 901,987 939,333
DEFERRED COMPENSATION LIABILITY 642,228 717,640
EXCISE TAX PAYABLE 66,565 0
SHORT-TERM LEASE LIABILITY 0 112,966


TY 2022 OtherProfessionalFeesSchedule
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING 51,258 0   129,859
CONSULTING - INITIATIVES 2,049,610 0   1,171,206
OTHER INVESTMENT FEES 0 147,826   0


TY 2022 TaxesSchedule
Name:
THE PATTERSON FOUNDATION
EIN:
65-6230256
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 256,593 0   0
FEDERAL INCOME TAX 28,567 0   0
STATE INCOME TAX 2,830 0   0