TY 2022 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

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

OMB No. 1545-0047

2022

Open to Public Inspection

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

Name of foundation
ARTHUR V DAVIS FOUNDATION PF #3

Number and street (or P.O. box number if mail is not delivered to street address)814 N HIGHWAY A1A STE 300
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PONTE VEDRA BEACH, FL32082

A Employer identification number

59-6159693

B Telephone number (see instructions)

(904) 359-0670

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

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

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

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

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

$174,765,219J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	2,596,957		2,596,957
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		7,712,194
b	Gross sales price for all assets on line 6a 183,678,086
7	Capital gain net income (from Part IV, line 2)...			7,712,194
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......	List of Attached Documents: // Content	522,234	532,346
12	Total. Add lines 1 through 11........	10,831,385		10,841,497
13	Compensation of officers, directors, trustees, etc.	1,073,154		325,810		747,344
14	Other employee salaries and wages......	81,094		0	0	81,094
15	Pension plans, employee benefits.......	230,367		0	0	230,367
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	35,101	0	0	35,101
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	82,199	32,743		49,456
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	255,205	31,250		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............	61,887				61,887
21	Travel, conferences, and meetings.......	139,833		0	0	139,833
22	Printing and publications..........	4,923		0	0	4,923
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	184,327			184,327
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	2,148,090		389,803	0	1,534,332
25	Contributions, gifts, grants paid.......	8,669,484				8,669,484
26	Total expenses and disbursements. Add lines 24 and 25	10,817,574		389,803	0	10,203,816
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	13,811
b	Net investment income (if negative, enter -0-)			10,451,694
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2022)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	201,882	320,500	320,500
	2	Savings and temporary cash investments.........	3,806,866	5,241,808	5,241,808
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	24,514	9,060	9,060
	10a	Investments—U.S. and state government obligations (attach schedule)	10,914,954
	b	Investments—corporate stock (attach schedule).......	166,557,729	List of Attached Documents: // Content 140,615,526	140,615,526
	c	Investments—corporate bonds (attach schedule).......	7,415,057
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	28,293,718	List of Attached Documents: // Content 28,305,930	28,305,930
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 129,632	List of Attached Documents: // Content 272,395	List of Attached Documents: // Content 272,395
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	217,344,352	174,765,219	174,765,219
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................	6,479,976	3,353,545
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	List of Attached Documents: // Content 61,850	List of Attached Documents: // Content 61,850
	23	Total liabilities (add lines 17 through 22).........	6,541,826	3,415,395
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	210,802,526	171,349,824
	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).....	210,802,526	171,349,824
	30	Total liabilities and net assets/fund balances (see instructions).	217,344,352	174,765,219

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

210,802,526

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

13,811

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

List of Attached Documents:

// Content

486,068

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

211,302,405

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

39,952,581

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

171,349,824

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	170000. FEDERAL NATL MTG ASSN NT		2018-04-10	2022-01-05
b	1000. UNITED STATES TREAS BD DTD 05/15/09 4.250% DUE 05/15/39		2021-06-29	2022-01-06
c	132000. UNITED STATES TREAS BD DTD 05/15/09 4.250% DUE 05/15/39		2013-11-20	2022-01-06
d	98000. U.S. TREASURY NOTE 1.750% MAY 15 2023		2020-05-27	2022-01-06
e	187224.55 FNMA PL #MA4438 2.500% 10/01/51		2021-12-29	2022-01-11
	36644.74 FNMA PMA4159 02 50%2050		2021-07-12	2022-01-11
	664315.23 FNMA PMA4159 02 50%2050		2020-09-17	2022-01-11
	275000. U.S. TREASURY NOTE 1.500% AUG 15 2026		2019-03-13	2022-01-11
	2812.324 EDGEWOOD GROWTH FUND CL INST		2021-12-22	2022-01-12
	2033.471 ARTISAN INTERNATIONAL VALUE FD CL INSTL		2021-09-15	2022-01-12
	2175.233 CONESTOGA SMID CAP-INST		2020-09-17	2022-01-12
	1497.668 EATON VANCE ATL CAPITAL SMID CAP FD CL R6		2021-09-15	2022-01-12
	4262.725 FIDELITY SML CAP INDX-INS PR		2021-09-15	2022-01-12
	7433.304 HARTFORD DVDND & GRWTH-F		2021-12-29	2022-01-12
	2401.537 T ROWE PRICE INSTL LARGE CAP GROWTH FUND		2021-12-15	2022-01-12
	434. ISHARES CORE S&P MID CAP ETF		2021-09-15	2022-01-12
	2618. ISHARES TR CORE MSCI EAF ETF		2021-09-15	2022-01-12
	2787.491 JOHCM INTERNATIONAL SEL-INST		2021-12-15	2022-01-12
	1658. VANGUARD RUSSELL 1000 ET VALUE		2020-12-16	2022-01-12
	759.938 VANGUARD INTL GROWTH FUND ADMIRAL SHS		2021-09-15	2022-01-13
	5104.167 VANGUARD TOTAL BOND MARKET INDEX FUND		2021-12-22	2022-01-13
	13492.891 VANGUARD S/T BND INDX-INST		2021-06-08	2022-01-13
	1164.196 VANGUARD INSTL INDEX FUND INSTL SHS		2021-12-29	2022-01-13
	1951.11 FHLMC PL #SD8172 2.000% 10/01/51		2021-09-23	2022-01-25
	5291.5 FHLMC SD 8184 03%2051		2021-11-22	2022-01-25
	2234.35 FHLMC RB 5142 02 50%2042		2021-12-16	2022-01-25
	3.18 FNMA PAB1343 04 50%2040		2013-02-22	2022-01-25
	1407.67 FNMA PL #MA4438 2.500% 10/01/51		2021-12-29	2022-01-25
	17198.98 FNMA PMA4159 02 50%2050		2021-03-16	2022-01-25
	20000. AMERICAN EXPRESS CRE CLD SER MTN		2021-04-01	2022-01-31
	248000. AMERICAN EXPRESS CRE CLD SER MTN		2017-05-09	2022-01-31
	175000. U.S. TREASURY NOTE 2.000% FEB 15 2025		2020-03-19	2022-02-08
	193000. U.S. TREASURY BOND 1.875% NOV 15 2051		2022-02-08	2022-02-24
	4968.97 FHLMC SD 8194 02 50%2052		2022-01-11	2022-02-25
	1770.75 FHLMC PL #SD8172 2.000% 10/01/51		2021-09-23	2022-02-25
	7113.92 FHLMC SD 8184 03%2051		2021-11-22	2022-02-25
	4226.56 FHLMC RB 5142 02 50%2042		2021-12-16	2022-02-25
	2.49 FNMA PAB1343 04 50%2040		2013-02-22	2022-02-25
	156713.134 CONESTOGA SMID CAP-INST		2020-09-17	2022-03-15
	690000. U.S. TREASURY NOTE 2.250% NOV 15 2025		2021-05-27	2022-03-21
	5991.59 FHLMC SD 8194 02 50%2052		2022-01-11	2022-03-25
	2021.8 FHLMC PL #SD8172 2.000% 10/01/51		2022-02-14	2022-03-25
	6852.47 FHLMC SD 8184 03%2051		2021-11-22	2022-03-25
	3718.03 FHLMC RB 5142 02 50%2042		2021-12-16	2022-03-25
	5.56 FNMA PAB1343 04 50%2040		2013-02-22	2022-03-25
	16569.619 VANGUARD INTL GROWTH FUND ADMIRAL SHS		2021-12-15	2022-03-28
	37567.625 VANGUARD INTL GROWTH FUND ADMIRAL SHS		2019-02-26	2022-03-28
	385444.77 FHLMC PL #SD8172 2.000% 10/01/51		2022-02-14	2022-04-12
	225000. U.S. TREASURY NOTE 1.375% OCT 15 2022		2021-02-18	2022-04-13
	101000. U.S. TREASURY NOTE 1.750% MAY 15 2023		2021-12-02	2022-04-19
	350000. U.S. TREASURY NOTE 1.750% MAY 15 2023		2020-09-24	2022-04-19
	7660.9 FHLMC SD 8194 02 50%2052		2022-01-11	2022-04-25
	2597.26 FHLMC PL #SD8172 2.000% 10/01/51		2022-02-14	2022-04-25
	9941.96 FHLMC SD 8184 03%2051		2021-11-22	2022-04-25
	4231.17 FHLMC RB 5142 02 50%2042		2021-12-16	2022-04-25
	1.14 FNMA PAB1343 04 50%2040		2013-02-22	2022-04-25
	1318.95 FNMA PMA4580 03 50%2052		2022-03-21	2022-04-25
	3.81 FNMA PMA4580 03 50%2052		2022-03-28	2022-04-25
	273000. STARBUCKS CORP 1.300% 5/07/22		2020-06-11	2022-05-07
	266000. WELLPOINT INC USECD SR NT		2020-09-24	2022-05-15
	6916.76 FHLMC SD 8194 02 50%2052		2022-01-11	2022-05-25
	7939.49 FHLMC SD 8184 03%2051		2021-11-22	2022-05-25
	6104.23 FHLMC RB 5142 02 50%2042		2021-12-16	2022-05-25
	3.17 FNMA PAB1343 04 50%2040		2013-02-22	2022-05-25
	3356.1 FNMA PMA4387 02%2041		2022-04-19	2022-05-25
	4206.75 FNMA PMA4580 03 50%2052		2022-03-28	2022-05-25
	164000. UNION PACIFIC CORP 3.700% 3/01/29		2021-04-06	2022-06-08
	166000. US BANCORP SER X		2021-04-06	2022-06-08
	96000. AMERICAN EXPRESS CO GLB		2022-02-01	2022-06-22
	80000. WELLS FARGO & COMPANY -		2020-04-23	2022-06-22
	6643.34 FHLMC SD 8194 02 50%2052		2022-05-10	2022-06-25
	9300.15 FHLMC SD 8184 03%2051		2021-11-22	2022-06-25
	4970.74 FHLMC RB 5142 02 50%2042		2021-12-16	2022-06-25
	.48 FNMA PAB1343 04 50%2040		2013-02-22	2022-06-25
	3333.51 FNMA PMA4387 02%2041		2022-05-10	2022-06-25
	4449.37 FNMA PMA4580 03 50%2052		2022-03-28	2022-06-25
	1583.33 FNMA PMA4644 04%2052		2022-05-10	2022-06-25
	27120. HARBOURVEST 2016 GLOBAL FD LP		2020-12-22	2022-06-29
	359000. UNITED STATES TREAS NT DTD 06/30/15 2.125% DUE 06/30/22		2020-06-09	2022-06-30
	510000. U.S. TREASURY NOTE 2.125% FEB 29 2024		2022-02-24	2022-07-06
	155000. LOWES COS INC UNSECD SR NT CALL 10/05/48 @100		2019-11-05	2022-07-14
	200000. U.S. TREASURY NOTE 1.125% FEB 15 2031		2021-09-13	2022-07-14
	8443.347 EDGEWOOD GROWTH FUND CL INST		2021-12-22	2022-07-19
	193843.005 EDGEWOOD GROWTH FUND CL INST		2020-04-07	2022-07-19
	7873.4 FHLMC SD 8194 02 50%2052		2022-05-10	2022-07-25
	8828.31 FHLMC SD 8184 03%2051		2021-11-22	2022-07-25
	2342.81 FHLMC SD 8232 05%2052		2022-06-22	2022-07-25
	7388.82 FHLMC RB 5142 02 50%2042		2022-06-21	2022-07-25
	.98 FNMA PAB1343 04 50%2040		2013-02-22	2022-07-25
	3249.33 FNMA PMA4387 02%2041		2022-05-10	2022-07-25
	4907.97 FNMA PMA4580 03 50%2052		2022-06-27	2022-07-25
	1488.76 FNMA PMA4656 04 50%2052		2022-06-08	2022-07-25
	1550.69 FNMA PMA4644 04%2052		2022-05-10	2022-07-25
	505000. U.S. TREASURY BILLS 8/02/22		2022-07-06	2022-08-02
	178000. U.S. TREASURY BOND 3.000% AUG 15 2048		2021-07-01	2022-08-02
	170000. U.S. TREASURY NOTE 3.000% JUL 15 2025		2022-08-02	2022-08-11
	509000. U.S. TREASURY BILLS 9/06/22		2022-08-03	2022-08-12
	6977.83 FHLMC SD 8194 02 50%2052		2022-05-10	2022-08-25
	8121.34 FHLMC SD 8184 03%2051		2021-11-22	2022-08-25
	1061.9 FHLMC SD 8232 05%2052		2022-06-22	2022-08-25
	6975.82 FHLMC RB 5142 02 50%2042		2022-06-21	2022-08-25
	2.08 FNMA PAB1343 04 50%2040		2013-02-22	2022-08-25
	2965.04 FNMA PMA4387 02%2041		2022-05-10	2022-08-25
	4734.25 FNMA PMA4580 03 50%2052		2022-06-27	2022-08-25
	2534.1 FNMA PMA4656 04 50%2052		2022-06-08	2022-08-25
	1411.65 FNMA PMA4644 04%2052		2022-05-10	2022-08-25
	1434.6 FNMA PMA4700 04%2052		2022-07-07	2022-08-25
	14145.014 JOHCM INTERNATIONAL SEL-INST		2021-12-15	2022-08-25
	190559.45 JOHCM INTERNATIONAL SEL-INST		2020-12-16	2022-08-25
	86164.398 ARTISAN INTERNATIONAL VALUE FD CL INSTL		2022-03-28	2022-09-22
	137945.855 ARTISAN INTERNATIONAL VALUE FD CL INSTL		2021-03-22	2022-09-22
	303.81 BLACKROCK EVENT DRIVEN EQUITY FUND CL INSTL		2022-07-14	2022-09-22
	411240.084 BLACKROCK EVENT DRIVEN EQUITY FUND CL INSTL		2021-07-15	2022-09-22
	11179.007 EATON VANCE ATL CAPITAL SMID CAP FD CL R6		2021-12-01	2022-09-22
	97165.711 EATON VANCE ATL CAPITAL SMID CAP FD CL R6		2021-09-15	2022-09-22
	8069.814 FIDELITY SML CAP INDX-INS PR		2021-12-10	2022-09-22
	297299.335 FIDELITY SML CAP INDX-INS PR		2021-09-15	2022-09-22
	123419.413 HARTFORD DVDND & GRWTH-F		2022-06-28	2022-09-22
	511055.131 HARTFORD DVDND & GRWTH-F		2021-09-15	2022-09-22
	1991.572 T ROWE PRICE INSTL LARGE CAP GROWTH FUND		2021-12-15	2022-09-22
	171775.24 T ROWE PRICE INSTL LARGE CAP GROWTH FUND		2012-08-06	2022-09-22
	275.021 VANGUARD TOTAL BOND MARKET INDEX FUND		2022-03-31	2022-09-22
	368811.125 VANGUARD TOTAL BOND MARKET INDEX FUND		2021-03-31	2022-09-22
	2969.306 VANGUARD S/T BND INDX-INST		2022-03-31	2022-09-22
	971700.884 VANGUARD S/T BND INDX-INST		2021-09-15	2022-09-22
	1411.262 VANGUARD INSTL INDEX FUND INSTL SHS		2022-03-22	2022-09-22
	82126.687 VANGUARD INSTL INDEX FUND INSTL SHS		2021-09-15	2022-09-22
	173000. U.S. TREASURY NOTE 2.750% NOV 15 2023		2021-07-08	2022-09-23
	73676. HARBOURVEST 2016 GLOBAL FD LP		2020-12-22	2022-09-23
	6250.04 FHLMC SD 8194 02 50%2052		2022-05-10	2022-09-25
	7604.1 FHLMC SD 8184 03%2051		2022-08-09	2022-09-25
	1585.31 FHLMC SD 8232 05%2052		2022-06-22	2022-09-25
	7650.44 FHLMC RB 5142 02 50%2042		2022-08-09	2022-09-25
	.51 FNMA PAB1343 04 50%2040		2013-02-22	2022-09-25
	3082.91 FNMA PMA4387 02%2041		2022-08-09	2022-09-25
	4395.95 FNMA PMA4580 03 50%2052		2022-08-09	2022-09-25
	2897.1 FNMA PMA4656 04 50%2052		2022-08-09	2022-09-25
	1550.42 FNMA PMA4644 04%2052		2022-05-10	2022-09-25
	2021.97 FNMA PMA4700 04%2052		2022-07-07	2022-09-25
	158994. HARBOURVEST 2015 GLOBAL FD LP		2015-10-16	2022-09-28
	19516. HARBOURVEST 2020 GLOBAL FEEDER FD LP		2021-09-23	2022-09-28
	6754. HARBOURVEST 2020 GLOBAL FEEDER FD LP		2021-09-23	2022-09-28
	173000. WILLIAMS COS INC SR UNSECD NT CALL 10/15/22 @100		2020-02-04	2022-10-15
	168000. AMERICAN INTL GROUP CLD GLB		1951-01-01	2022-10-24
	5584.07 FHLMC SD 8194 02 50%2052		2022-05-10	2022-10-25
	5988.49 FHLMC SD 8184 03%2051		2022-08-09	2022-10-25
	1148.25 FHLMC SD 8232 05%2052		2022-06-22	2022-10-25
	5490.18 FHLMC RB 5142 02 50%2042		2022-08-09	2022-10-25
	1.32 FNMA PAB1343 04 50%2040		2013-02-22	2022-10-25
	3017.17 FNMA PMA4387 02%2041		2022-08-09	2022-10-25
	4674.1 FNMA PMA4580 03 50%2052		2022-09-21	2022-10-25
	2368.19 FNMA PMA4656 04 50%2052		2022-08-09	2022-10-25
	1429.61 FNMA PMA4644 04%2052		2022-05-10	2022-10-25
	1794.62 FNMA PMA4700 04%2052		2022-07-07	2022-10-25
	181000. AMERICAN EXPRESS CO GLB		1951-01-01	2022-10-26
	183000. CIGNA CORP GLB		1951-01-01	2022-10-26
	254000. CSX CORP GLB		1951-01-01	2022-10-26
	163000. CHEVRON USA INC COMPANY GUARNT		1951-01-01	2022-10-26
	166000. COMCAST CORP COMPANY GUARNT		1951-01-01	2022-10-26
	178000. WALT DISNEY COMPANY/THE COMPANY GUARNT GLB		1951-01-01	2022-10-26
	168000. HOME DEPOT INC GLB		1951-01-01	2022-10-26
	166000. HUMANA INC GLB		1951-01-01	2022-10-26
	160000. INTEL CORP GLB		1951-01-01	2022-10-26
	184000. MPLX LP GLB		1951-01-01	2022-10-26
	173000. NVIDIA CORP GLB		1951-01-01	2022-10-26
	180000. PAYPAL HOLDINGS INC GLB		1951-01-01	2022-10-26
	151000. PRUDENTIAL FINANCIAL INC SER MTN		1951-01-01	2022-10-26
	224000. VERIZON COMMUNICATIONS GLB		1951-01-01	2022-10-26
	181000. VISA INC GLB		1951-01-01	2022-10-26
	183000. BANK OF AMERICA CORP SER MTN		1951-01-01	2022-10-28
	5563.74 FHLMC SD 8194 02 50%2052		1951-01-01	2022-10-31
	4470.31 FHLMC SD 8184 03%2051		1951-01-01	2022-10-31
	1050.43 FHLMC SD 8232 05%2052		1951-01-01	2022-10-31
	5614.96 FHLMC RB 5142 02 50%2042		1951-01-01	2022-10-31
	1.31 FNMA PAB1343 04 50%2040		1951-01-01	2022-10-31
	2449.6 FNMA PMA4387 02%2041		1951-01-01	2022-10-31
	3666.31 FNMA PMA4580 03 50%2052		1951-01-01	2022-10-31
	1596.41 FNMA PMA4656 04 50%2052		1951-01-01	2022-10-31
	1612.27 FNMA PMA4644 04%2052		1951-01-01	2022-10-31
	1211.48 FNMA PMA4700 04%2052		1951-01-01	2022-10-31
	162000. AT&T INC GLB		1951-01-01	2022-11-01
	157000. CVS HEALTH CORP GLB		1951-01-01	2022-11-01
	172000. CAPITAL ONE FINANCIAL CO GLB		1951-01-01	2022-11-01
	135000. GENERAL ELEC CAP CORP MTN SER A		1951-01-01	2022-11-01
	165000. METLIFE INC GLB		1951-01-01	2022-11-01
	175000. ORACLE CORP GLB		1951-01-01	2022-11-01
	167000. PNC FINANCIAL SERVICES GLB		1951-01-01	2022-11-01
	172000. TARGET CORP GLB		1951-01-01	2022-11-01
	185000. UNITEDHEALTH GROUP INC GLB		1951-01-01	2022-11-01
	192000. WELLS FARGO & COMPANY -		1951-01-01	2022-11-01
	172000. APPLE INC GLB		1951-01-01	2022-11-02
	1151207.264 FHLMC SD 8194 02 50%2052		1951-01-01	2022-11-04
	165000. ENTERPRISE PRODUCTS OPER COMPANY GUARNT		1951-01-01	2022-11-09
	15177.03 CARMAX AUTO OWN ABS 2021 1 A3 00.340%DEC15 25		2022-11-02	2022-11-14
	421000. U.S. TREASURY NOTE 2.125% FEB 29 2024		1951-01-01	2022-11-15
	504000. U.S. TREASURY NOTE 3.000% JUL 31 2024		1951-01-01	2022-11-15
	63375. VANGUARD TOTAL BOND MKT		2022-09-22	2022-11-15
	45000. TAKEDA PHARMACEUTICAL GLB		2022-11-02	2022-11-16
	34365. VANGUARD TOTAL BOND MKT		2022-09-22	2022-11-17
	71576. VANGUARD 500 INDEX FUND SHS ETF		2022-09-22	2022-11-18
	34265. VANGUARD TOTAL BOND MKT		2022-09-22	2022-11-22
	174000. LOWE'S COS INC GLB		1951-01-01	2022-11-28
	827000. U.S. TREASURY NOTE 1.250% MAY 15 2050		1951-01-01	2022-11-28
	6455.23 FHLMC SD 8184 03%2051		1951-01-01	2022-11-30
	610.71 FHLMC SD 8232 05%2052		1951-01-01	2022-11-30
	3254.06 FHLMC RB 5142 02 50%2042		1951-01-01	2022-11-30
	1.23 FNMA PAB1343 04 50%2040		1951-01-01	2022-11-30
	2212.49 FNMA PMA4387 02%2041		1951-01-01	2022-11-30
	3813.4 FNMA PMA4580 03 50%2052		1951-01-01	2022-11-30
	1101.77 FNMA PMA4656 04 50%2052		1951-01-01	2022-11-30
	1339.95 FNMA PMA4644 04%2052		1951-01-01	2022-11-30
	1239.19 FNMA PMA4700 04%2052		1951-01-01	2022-11-30
	8261. VANGUARD 500 INDEX FUND SHS ETF		2022-09-22	2022-12-06
	84994. VANGUARD RUSSELL 1000 ET GROWTH		2022-07-19	2022-12-07
	44040. VANGUARD RUSSELL 1000 ET GROWTH		2022-07-19	2022-12-07
	73004. VANGUARD RUSSELL 1000 ET VALUE		2020-12-16	2022-12-07
	46738. VANGUARD RUSSELL 1000 ET VALUE		2020-12-16	2022-12-07
	14792.69 CARMAX AUTO OWN ABS 2021 1 A3 00.340%DEC15 25		2022-11-02	2022-12-14
	251. COSTAR GROUP INC		2022-12-07	2022-12-21
	141. KEYSIGHT TECHNOLOGIES INC SHS		2022-12-07	2022-12-21
	4231. VANGUARD 500 INDEX FUND SHS ETF		2022-09-22	2022-12-21
	296. LATTICE SEMICONDUCTOR CORP		2022-12-07	2022-12-22
	4375.74 FHLMC SD 8184 03%2051		1951-01-01	2022-12-31
	923.5 FHLMC SD 8232 05%2052		1951-01-01	2022-12-31
	5775.42 FHLMC RB 5142 02 50%2042		1951-01-01	2022-12-31
	1444.07 FNMA PFS3024 04%2052		2022-11-21	2022-12-31
	.5 FNMA PAB1343 04 50%2040		1951-01-01	2022-12-31
	2635.49 FNMA PMA4387 02%2041		1951-01-01	2022-12-31
	3283.77 FNMA PMA4580 03 50%2052		1951-01-01	2022-12-31
	3059.57 FNMA PMA4654 03 50%2052		2022-11-21	2022-12-31
	1480.16 FNMA PMA4656 04 50%2052		1951-01-01	2022-12-31
	1485.75 FNMA PMA4644 04%2052		1951-01-01	2022-12-31
	1181.24 FNMA PMA4700 04%2052		1951-01-01	2022-12-31
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
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	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	175,471	160,361	15,110
b	1,333	1,363	-30
c	175,936	144,091	31,845
d	99,466	102,452	-2,986
e	187,751	192,408	-4,657
	36,742	38,029	-1,287
	666,080	698,050	-31,970
	274,688	254,881	19,807
	159,993	168,964	-8,971
	88,700	92,110	-3,410
	53,750	41,438	12,312
	61,000	64,834	-3,834
	113,900	120,962	-7,062
	253,550	247,934	5,616
	168,300	176,537	-8,237
	121,183	116,696	4,487
	197,305	202,669	-5,364
	82,900	82,231	669
	123,852	98,734	25,118
	101,513	132,966	-31,453
	56,350	56,991	-641
	142,350	145,723	-3,373
	462,034	475,015	-12,981
	1,951	1,967	-16
	5,292	5,524	-232
	2,234	2,313	-79
	3	3
	1,408	1,445	-37
	17,199	17,726	-527
	20,000	20,402	-402
	248,000	249,190	-1,190
	177,126	185,787	-8,661
	180,176	177,145	3,031
	4,969	4,985	-16
	1,771	1,785	-14
	7,114	7,427	-313
	4,227	4,376	-149
	2	3	-1
	3,446,122	2,985,385	460,737
	688,868	737,761	-48,893
	5,992	6,010	-18
	2,022	2,036	-14
	6,852	7,154	-302
	3,718	3,849	-131
	6	6
	1,935,332	2,659,953	-724,621
	4,387,899	3,364,557	1,023,342
	346,900	388,270	-41,370
	225,185	230,328	-5,143
	100,763	102,906	-2,143
	349,180	351,983	-2,803
	7,661	7,685	-24
	2,597	2,485	112
	9,942	10,379	-437
	4,231	4,381	-150
	1	1
	1,319	1,333	-14
	4	4
	273,000	276,350	-3,350
	266,000	277,614	-11,614
	6,917	6,938	-21
	7,939	8,289	-350
	6,104	6,320	-216
	3	3
	3,356	3,077	279
	4,207	4,252	-45
	161,458	182,708	-21,250
	160,862	180,379	-19,517
	86,346	94,131	-7,785
	68,041	95,222	-27,181
	6,643	6,656	-13
	9,300	9,709	-409
	4,971	5,146	-175
		1	-1
	3,334	3,056	278
	4,449	4,497	-48
	1,583	1,581	2
	27,120	27,120
	359,000	373,404	-14,404
	504,482	526,606	-22,124
	140,116	175,226	-35,110
	172,250	197,188	-24,938
	321,776	507,276	-185,500
	7,387,357	6,743,798	643,559
	7,873	7,888	-15
	8,828	9,217	-389
	2,343	2,389	-46
	7,389	7,596	-207
	1	1
	3,249	2,979	270
	4,908	4,956	-48
	1,489	1,510	-21
	1,551	1,549	2
	504,553	504,553
	176,317	237,186	-60,869
	169,595	170,850	-1,255
	508,041	508,041
	6,978	6,991	-13
	8,121	8,479	-358
	1,062	1,083	-21
	6,976	7,171	-195
	2	2
	2,965	2,718	247
	4,734	4,781	-47
	2,534	2,570	-36
	1,412	1,410	2
	1,435	1,415	20
	294,782	417,278	-122,496
	3,971,259	5,602,448	-1,631,189
	2,939,929	3,555,695	-615,766
	4,706,713	5,990,989	-1,284,276
	2,986	2,947	39
	4,042,490	4,248,561	-206,071
	390,371	426,926	-36,555
	3,393,027	2,619,776	773,251
	172,533	218,934	-46,401
	6,356,260	7,474,688	-1,118,428
	3,555,713	4,144,190	-588,477
	14,723,498	11,829,777	2,893,721
	98,682	146,400	-47,718
	8,511,463	3,117,721	5,393,742
	2,615	2,877	-262
	3,507,394	4,090,662	-583,268
	29,218	31,397	-2,179
	9,561,537	10,486,277	-924,740
	448,880	564,256	-115,376
	26,122,035	22,025,147	4,096,888
	170,283	183,130	-12,847
	73,676	73,676
	6,250	6,262	-12
	7,604	7,901	-297
	1,585	1,616	-31
	7,650	7,860	-210
	1	1
	3,083	2,823	260
	4,396	4,438	-42
	2,897	2,938	-41
	1,550	1,548	2
	2,022	1,995	27
	158,994	8,454	150,540
	19,516	19,516
	6,754	6,754
	173,000	179,808	-6,808
	168,000	168,515	-515
	5,584	5,595	-11
	5,988	6,223	-235
	1,148	1,171	-23
	5,490	5,641	-151
	1	1
	3,017	2,763	254
	4,674	4,705	-31
	2,368	2,401	-33
	1,430	1,428	2
	1,795	1,771	24
	156,780	177,476	-20,696
	159,819	182,689	-22,870
	247,284	278,135	-30,851
	160,573	182,038	-21,465
	159,076	166,161	-7,085
	147,583	181,606	-34,023
	158,372	186,896	-28,524
	122,637	173,359	-50,722
	145,355	177,462	-32,107
	145,150	190,363	-45,213
	147,574	193,341	-45,767
	165,334	181,669	-16,335
	126,044	174,021	-47,977
	131,746	212,597	-80,851
	129,163	187,454	-58,291
	144,202	192,584	-48,382
	5,564	5,601	-37
	4,470	4,677	-207
	1,050	1,078	-28
	5,615	5,814	-199
	1	1
	2,450	2,261	189
	3,666	3,715	-49
	1,596	1,630	-34
	1,612	1,619	-7
	1,211	1,201	10
	146,025	174,163	-28,138
	137,129	170,819	-33,690
	162,433	167,067	-4,634
	147,234	167,227	-19,993
	161,190	173,158	-11,968
	163,545	184,658	-21,113
	150,586	167,873	-17,287
	161,716	180,676	-18,960
	138,515	195,431	-56,916
	140,544	220,623	-80,079
	137,259	199,199	-61,940
	938,414	1,158,949	-220,535
	158,969	173,669	-14,700
	15,177	14,643	534
	408,304	418,407	-10,103
	492,030	501,578	-9,548
	4,543,250	4,582,659	-39,409
	36,792	35,763	1,029
	2,463,742	2,484,940	-21,198
	26,029,090	24,783,555	1,245,535
	2,465,996	2,477,709	-11,713
	157,943	163,717	-5,774
	466,383	634,198	-167,815
	6,455	6,754	-299
	611	627	-16
	3,254	3,369	-115
	1	1
	2,212	2,042	170
	3,813	3,864	-51
	1,102	1,125	-23
	1,340	1,346	-6
	1,239	1,229	10
	3,000,200	2,860,413	139,787
	4,870,045	5,011,629	-141,584
	2,529,824	2,596,797	-66,973
	4,929,118	4,347,381	581,737
	3,161,800	2,783,243	378,557
	14,793	14,273	520
	19,447	20,070	-623
	24,436	24,870	-434
	1,500,311	1,465,005	35,306
	19,333	20,374	-1,041
	4,376	4,578	-202
	924	948	-24
	5,775	5,980	-205
	1,444	1,354	90
	1	1
	2,635	2,432	203
	3,284	3,327	-43
	3,060	2,772	288
	1,480	1,511	-31
	1,486	1,492	-6
	1,181	1,171	10
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589
			177,589

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			15,110
b			-30
c			31,845
d			-2,986
e			-4,657
			-1,287
			-31,970
			19,807
			-8,971
			-3,410
			12,312
			-3,834
			-7,062
			5,616
			-8,237
			4,487
			-5,364
			669
			25,118
			-31,453
			-641
			-3,373
			-12,981
			-16
			-232
			-79

			-37
			-527
			-402
			-1,190
			-8,661
			3,031
			-16
			-14
			-313
			-149
			-1
			460,737
			-48,893
			-18
			-14
			-302
			-131

			-724,621
			1,023,342
			-41,370
			-5,143
			-2,143
			-2,803
			-24
			112
			-437
			-150

			-14

			-3,350
			-11,614
			-21
			-350
			-216

			279
			-45
			-21,250
			-19,517
			-7,785
			-27,181
			-13
			-409
			-175
			-1
			278
			-48
			2

			-14,404
			-22,124
			-35,110
			-24,938
			-185,500
			643,559
			-15
			-389
			-46
			-207

			270
			-48
			-21
			2

			-60,869
			-1,255

			-13
			-358
			-21
			-195

			247
			-47
			-36
			2
			20
			-122,496
			-1,631,189
			-615,766
			-1,284,276
			39
			-206,071
			-36,555
			773,251
			-46,401
			-1,118,428
			-588,477
			2,893,721
			-47,718
			5,393,742
			-262
			-583,268
			-2,179
			-924,740
			-115,376
			4,096,888
			-12,847

			-12
			-297
			-31
			-210

			260
			-42
			-41
			2
			27
			150,540


			-6,808
			-515
			-11
			-235
			-23
			-151

			254
			-31
			-33
			2
			24
			-20,696
			-22,870
			-30,851
			-21,465
			-7,085
			-34,023
			-28,524
			-50,722
			-32,107
			-45,213
			-45,767
			-16,335
			-47,977
			-80,851
			-58,291
			-48,382
			-37
			-207
			-28
			-199

			189
			-49
			-34
			-7
			10
			-28,138
			-33,690
			-4,634
			-19,993
			-11,968
			-21,113
			-17,287
			-18,960
			-56,916
			-80,079
			-61,940
			-220,535
			-14,700
			534
			-10,103
			-9,548
			-39,409
			1,029
			-21,198
			1,245,535
			-11,713
			-5,774
			-167,815
			-299
			-16
			-115

			170
			-51
			-23
			-6
			10
			139,787
			-141,584
			-66,973
			581,737
			378,557
			520
			-623
			-434
			35,306
			-1,041
			-202
			-24
			-205
			90

			203
			-43
			288
			-31
			-6
			10

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	7,712,194
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2022)

Page 4

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	145,279
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	145,279
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	145,279
6	Credits/Payments:

a	2022 estimated tax payments and 2021 overpayment credited to 2022	6a	158,916
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	158,916
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. List of Attached Documents: // Content		8	3
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	13,634
11	Enter the amount of line 10 to be: Credited to 2023 estimated tax13,634	Refunded	11	0

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

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

on foundation managers. right arrow

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

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

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2022)

Page 5

Part VI-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

www.avdf.org

The books are in care of right arrow

ARTHUR VINING DAVIS FDN Telephone no. right arrow

(904) 359-0670

Located at right arrow

814 NORTH HIGHWAY A1A SUITE 300PONTE VERDRA BEACHFL ZIP+4 right arrow

32082

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

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

16 At any time during calendar year 2022, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2022? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2022, did the foundation have any undistributed income (Part XII, lines 6d

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

If "Yes," list the years right arrow

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2022 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2022.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2022? ..

Form 990-PF (2022)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
SERENA DAVIS HALL	CHAIR 5	0
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	CHAIR 5	0
HALEY DAVIS MADOLE	TRUSTEE 1	0
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	TRUSTEE 1	0
TAMARA DAVIS	TRUSTEE 1	0
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	TRUSTEE 1	0
JONATHAN DAVIS	TRUSTEE 1	0
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	TRUSTEE 1	0
WILLIAM KEE	TRUSTEE 1	0
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	TRUSTEE 1	0
DR MICHAEL MURRAY	PRESIDENT 20	341,626
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	PRESIDENT 20	341,626
TIM MICHEL	CHIEF FINANCIAL OFFICER 16	97,468
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	CHIEF FINANCIAL OFFICER 16	97,468
TRUIST BANK	FORMER CORP TRUSTEE 2	506,204
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	FORMER CORP TRUSTEE 2	506,204
ADORA GROSS	SECRETARY 1	91,044
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	SECRETARY 1	91,044
MAYNARD DAVIS	TRUSTEE 1	0
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	TRUSTEE 1	0
BANK OF AMERICA	CORPORATE TRUSTEE 1	36,812
PO BOX 653067 DALLAS,TX752653067	CORPORATE TRUSTEE 1	36,812
ALICIA JAWORSKI	TRUSTEE 1	0
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	TRUSTEE 1	0
JOHN L KEE	TRUSTEE 1	0
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	TRUSTEE 1	0
MARGARET MAIDEN	TRUSTEE 1	0
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	TRUSTEE 1	0

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
JOHN CHURCHILL	DIRECTOR OF PROGRAMS 1	197,542
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	DIRECTOR OF PROGRAMS 1	197,542
JESSICA RUSSELL	DIRECTOR OF OPERATIO 1	125,880
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	DIRECTOR OF OPERATIO 1	125,880
MICHILEA PATTERSON	ASSOC. DIRECTOR OF B 1	52,281
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	ASSOC. DIRECTOR OF B 1	52,281
ANN A BRYAN	SENIOR PROGRAM OFFIC 1	66,679
814 N HIGHWAY A1A SUITE 300 PONTE VEDRA BEACH,FL32082	SENIOR PROGRAM OFFIC 1	66,679


Total number of other employees paid over $50,000...................				4

Form 990-PF (2022)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2022)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

179,068,553

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

6,450,934

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

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

185,519,487

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

185,519,487

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

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

2,782,792

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

182,736,695

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

9,136,835

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part IX, line 6..................

9,136,835

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

145,279

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

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

145,279

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

8,991,556

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

235,719

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

9,227,275

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

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

9,227,275

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

10,203,816

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

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

10,203,816

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					9,227,275
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only.......				9,493,838
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2017......	0
b From 2018......	0
c From 2019......	0
d From 2020......	0
e From 2021......	0
f Total of lines 3a through e ........		0
4Qualifying distributions for 2022 from Part
XI, line 4: $ 10,203,816
a Applied to 2021, but not more than line 2a				9,493,838
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.....					709,978
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 ..........					8,517,297
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2017 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2023. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2018....	0
b Excess from 2019....	0
c Excess from 2020....	0
d Excess from 2021....	0
e Excess from 2022....	0

Form 990-PF (2022)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2022, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2022	(b) 2021	(c) 2020	(d) 2019	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

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.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

DR MICHAEL J MURRAY AVDF
814 N HIGHWAY A1A SUITE 300
PONTE VEDRA BEACH,FL32082
(904) 359-0670

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

VISIT FOUNDATIONS WEBSITE AT WWW.AVDF.ORG/GRANTS/GRANTSEEKINGORGANIZATIONS.ASPX

cAny submission deadlines:

VISIT FOUNDATIONS WEBSITE AT WWW.AVDF.ORG/GRANTS/GRANTSEEKINGORGANIZATIONS.ASPX

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

SEE FOOTNOTE

Form 990-PF (2022)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
SEE ATTACHED 814 A1A N STE 300 PONTE VEDRA BEACH,FL320823269	N/A	PC	UNRESTRICTED GENERAL	8,669,484
Total ................................. 3a				8,669,484

bApproved for future payment
SEE ATTACHED 814 N HIGHWAY A1A PONTE VERDE BEACH,FL32082	NONE	PC	GENERAL OPERATING	3,353,545
Total ................................. 3b				3,353,545

Form 990-PF (2022)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	2,596,957
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	7,712,194
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aOTHER INCOME			1	522,234
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				10,831,385

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

10,831,385

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2022)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2022)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
026874DD6 AMERICAN INTL GROUP
06051GHZ5 BANK OF AMERICA CORP
125523CP3 CIGNA CORP
126408HB2 CSX CORP
126650CY4 CVS HEALTH CORP
14040HBG9 CAPITAL ONE FINANCIA
166756AP1 CHEVRON USA INC
17327CAM5 CITIGROUP INC
20030NBN0 COMCAST CORP
254687FX9 WALT DISNEY COMPANY
29379VBE2 ENTERPRISE PRODUCTS
36962GXZ2 GENERAL ELEC CAP COR
38141GWB6 GOLDMAN SACHS GROUP
437076BM3 HOME DEPOT INC
444859BL5 HUMANA INC
458140BR0 INTEL CORP
48126BAA1 JPMORGAN CHASE & CO
548661DS3 LOWE'S COS INC
55336VBQ2 MPLX LP
59156RBH0 METLIFE INC
67066GAF1 NVIDIA CORP
68389XBT1 ORACLE CORP
693475AT2 PNC FINANCIAL SERVIC
70450YAG8 PAYPAL HOLDINGS INC
74432QCA1 PRUDENTIAL FINANCIAL
855244AY5 STARBUCKS CORP
87612EBL9 TARGET CORP
907818FB9 UNION PACIFIC CORP
91159HHR4 US BANCORP
91324PDU3 UNITEDHEALTH GROUP I
92343VFU3 VERIZON COMMUNICATIO
92826CAK8 VISA INC
94973VAX5 WELLPOINT INC
94974BGK0 WELLS FARGO & COMPAN
969457BU3 WILLIAMS COMPANIES I
0258M0EG0 AMERICAN EXPRESS CRE
037833DG2 APPLE INC
04650NAB0 AT&T INC

Name of Stock	End of Year Book Value	End of Year Fair Market Value
0075W0759 EDGEWOOD GROWTH FUND
09250J734 BLACKROCK EVENT DRIV
04314H857 ARTISAN INTERNATIONA
207019605 CONESTOGA SMID CAP F
277902235 EATON VANCE ATLANTA
41664T669 HARTFORD DIVIDEND AN
316146182 FIDELITY SMALL CAP I
45775L408 T ROWE PRICE LARGE-C
464287507 ISHARES CORE S&P MID
46432F842 ISHARES TR CORE MSCI
46653M849 JOHCM INTERNATIONAL
921937504 VANGUARD TOTAL BOND
921937777 VANGUARD SHORT-TERM
921910501 VANGUARD INTERNATION
92206C714 VANGUARD RUSSELL 100
922040100 VANGUARD INSTITUTION
SEE ATTACHED	140,615,526	140,615,526

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
99NETAQJ5 HARBOURVEST 2015 GLO	AT COST	1,441,888	1,441,888
99NETBE15 TRUEBRIDGE CAPITAL P	AT COST	1,187,561	1,187,561
99NETA4K6 LIGHTHOUSE DIVERSIFI	AT COST	15,293,513	15,293,513
99NETA491 HARBOURVEST 2018 GLO	AT COST	2,133,539	2,133,539
99NETA855 POINTER OFFSHORE LTD	AT COST	5,527,667	5,527,667
99NETBN56 HARBOURVEST 2020 GLO	AT COST	1,496,866	1,496,866
99NETAUA9 HARBOURVEST 2016 GLO	AT COST	1,224,896	1,224,896

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
XXX-XX-XXXX CLAIM ON GOVT CUBA $	1	0	0
ACCRUED INTEREST AND DIVIDENDS	129,631	272,395	272,395

Description	Amount
UNREALIZED GAINS ON INVESTMENTS	39,591,811
ADJUSTMENTS FOR ACCRUED ITEMS	281,455
TYE INCOME ADJUSTMENT	15,028
ACCRUED INTEREST ADJUSTMENT	64,209
TYE SALES ADJUSTMENT	78

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
AFFINITIY NON-PROFITS	6,797	6,797
PAYROLL TAXES	37,845	37,845
SOFTWARE	37,169	37,169
PROFESSTIONAL SVC ADMIN	28,739	28,739
IT SUPPORT	23,767	23,767
STAFF DEVELOPMENT	13,695	13,695
EQUIPMENT AND MAINTENANCE	6,227	6,227
MEMBERSHIPS	3,651	3,651
SUPPLIES	3,550	3,550
LEGAL FEES ADMIN	3,056	3,056
INSURANCE	2,551	2,551
EMPLOYEE GRANTS	1,280	1,280
PROGRAMMING COSTS	16,000	16,000

Description	Amount
PARTNERSHIP ADJUSTMENT	250,349
RECOVERY OF PRIOR YEAR DISBURSMENTS	235,719

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED	32,743	32,743
OTHER PROFESSIONAL FEES - CHAR	49,456			49,456

Category	Amount	Net Investment Income
UBTI - FEDERAL BUSINESS TAX	10	0
EXCISE TAX - PRIOR YEAR	65,029	0
EXCISE TAX ESTIMATES	158,916	0
FOREIGN TAXES ON QUALIFIED FOR	31,250	31,250