Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
EARLE & VIRGINIA COMBS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1000 GARLANDS LANE UNIT 1141
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BARRINGTON, IL60010
A Employer identification number

36-6168454
B Telephone number (see instructions)

(847) 381-1160
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$15,721,104J 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) 190,433
2 Check right arrow.............
3 Interest on savings and temporary cash investments 22,783 22,783  
4 Dividends and interest from securities... 663,446 663,446  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 199,706
b Gross sales price for all assets on line 6a 2,586,815
7 Capital gain net income (from Part IV, line 2)... 199,706
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
-6,664 -6,664  
12 Total. Add lines 1 through 11........ 1,069,704 879,271  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
18,058 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
29,414 2,474   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 8,743 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
60,659 60,295   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 116,874 62,769   0
25 Contributions, gifts, grants paid....... 613,000 613,000
26 Total expenses and disbursements. Add lines 24 and 25 729,874 62,769   613,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 339,830
b Net investment income (if negative, enter -0-) 816,502
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............. 90,727 121,225 121,225
2 Savings and temporary cash investments......... 1,037,252 740,114 740,114
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,957,523 Click to see attachment
List of Attached Documents:
// Content
8,004,962 		13,099,522
c Investments—corporate bonds (attach schedule)....... 446,476 Click to see attachment
List of Attached Documents:
// Content
809,472 		768,531
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).......... 731,692 Click to see attachment
List of Attached Documents:
// Content
978,301 		991,263
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
449 		Click to see attachment
List of Attached Documents:
// Content
449 		Click to see attachment
List of Attached Documents:
// Content
449
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,264,119 10,654,523 15,721,104
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 8,014,365 8,064,939
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,249,754 2,589,584
29 Total net assets or fund balances (see instructions)..... 10,264,119 10,654,523
30 Total liabilities and net assets/fund balances (see instructions). 10,264,119 10,654,523
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
10,264,119
2
Enter amount from Part I, line 27a .....................
2
339,830
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
50,574
4
Add lines 1, 2, and 3 ..........................
4
10,654,523
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
10,654,523
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 TD AMERITRADE   2022-01-01 2022-12-31
b TD AMERITRADE   2021-01-01 2022-12-31
c TD AMERITRADE   2021-01-01 2022-12-31
d WELLS FARGO   2022-01-01 2022-12-31
e WELLS FARGO   2021-01-01 2022-12-31
WILLIAM BLAIR   2022-01-01 2022-12-31
WILLIAM BLAIR   2021-01-01 2022-12-31
STIFEL   2021-01-01 2022-12-31
K-1S LT P 2021-01-01 2022-12-31
(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 436,649   478,391 -41,742
b 679,201   613,996 65,205
c 187     187
d 158,161   108,407 49,754
e 252,774   221,940 30,834
247,583   301,719 -54,136
444,409   345,640 98,769
367,851   309,705 58,146
    7,311 -7,311
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       -41,742
b       65,205
c       187
d       49,754
e       30,834
      -54,136
      98,769
      58,146
      -7,311
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 2 199,706
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 11,349
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 11,349
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 11,349
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 18,653
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 18,653
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8 67
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 7,237
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow7,237 Refundedright arrow 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 5
Part VI-A
Statements Regarding Activities (continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowEARLE M COMBS III Telephone no.right arrow (847) 381-1086

Located atright arrow1000 GARLANDS LANE UNIT 1141BARRINGTONIL ZIP+4right arrow60010
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2022? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2022 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2022.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
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
EARLE M COMBS III PRESIDENT
15.00 		0 0 0
1000 GARLAND LANE UNIT 1141
BARRINGTON,IL60010
VIRGINIA M COMBS SECRETARY-TREASURER
5.00 		0 0 0
1000 GARLAND LANE UNIT 1141
BARRINGTON,IL60010
EARLE M COMBS IV TRUSTEE
1.00 		0 0 0
141 WEST JACKSON BLVD
CHICAGO,IL60604
BONNIE C ETTERS TRUSTEE
1.00 		0 0 0
141 WEST JACKSON BLVD
CHICAGO,IL60604
ERIC B COMBS TRUSTEE
1.00 		0 0 0
174 LEONARD WOOD S UNIT 109
HIGHLAND PARK,IL60035
LEANNE C TURNQUIST TRUSTEE
1.00 		0 0 0
4921 ROYAL OAKS DR
MINNETONKA,MN55343
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right 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
15,452,520
b
Average of monthly cash balances.......................
1b
897,468
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
16,349,988
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
16,349,988
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
245,250
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
16,104,738
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
805,237
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
805,237
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
11,349
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
11,349
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
793,888
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
793,888
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
793,888
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
613,000
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
613,000
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 7 793,888
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 586,780
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$ 613,000
a Applied to 2021, but not more than line 2a 586,780
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		Click to see attachment
List of Attached Documents:
// Content
0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2022 distributable amount..... 26,220
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 .......... 		767,668
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

222 FOUNDATION

119 NORTH AVE
TOWER LAKES,IL60010 		N/A PC GENERAL EXEMPT PURPOSE 20,000

A ROCHA INTERNATIONAL

180 PICCADILLY
LONDON    
UK 		N/A PC RELIGIOUS 5,000

ADLER PLANETARIUM

1300 S LAKE SHORE DRIVE
CHICAGO,IL60605 		N/A PC GENERAL EXEMPT PURPOSE 7,500

ALEXANDER LEIGH CENTER FOR AUTISM

4100 VETERANS PKWY
MCHENRY,IL60050 		N/A PC GENERAL EXEMPT PURPOSE 2,000

AMERICAN FRIENDS OF TYNDALE

PO BOX 1062
WHEATON,IL60187 		N/A PUBLIC CHARITY GENERAL EXEMPT PURPOSE 5,000

ARMONIA US MINISTRIES

200 S ORANGE AVENUE
ORLANDO,FL32801 		N/A PC GENERAL EXEMPT PURPOSE 5,000

ATHLETES IN ACTION

651 TAYLOR DRIVE
XENIA,OH45385 		N/A PC RELIGIOUS 1,000

BARRINGTON SUZUKI STRINGS

PO BOX 68
BARRINGTON,IL60011 		N/A PC GENERAL EXEMPT PURPOSE 5,000

BARRINGTON WHITE HOUSE

200 S HOUGH STREET
BARRINGTON,IL60010 		N/A GOV GENERAL EXEMPT PURPOSE 10,000

BRIDGES FOR JUSTICE

64 RUE DE MONTHOUX
GENEVA   1201
SZ 		N/A PC GENERAL EXEMPT PURPOSE 500

BRISTOL MINISTRIES

845 OAKTON ST
ELK GROVE VILLAGE,IL60007 		N/A PC RELIGIOUS 30,000

BUSINESS PROFESSIONAL NETWORK

PO BOX 250703
PLANO,TX75025 		N/A PC GENERAL EXEMPT PURPOSE 45,000

C R U

100 LAKE HART DRIVE
ORLANDO,FL32832 		N/A PC GENERAL EXEMPT PURPOSE 1,000

CAMP CLEARWATER

7490 E CLEARWATER RD
MINOCQUA,WI54548 		N/A PC RELIGIOUS 2,000

CAMP MANITOWISH YMCA INC

PO BOX 246
BOULDER JUNCTION,WI54512 		N/A PC GENERAL EXEMPT PURPOSE 10,000

CHICAGO HOPE ACADEMY

2189 W BOWLER ST
CHICAGO,IL60612 		N/A PC RELIGIOUS 2,500

CHICAGO SYMPHONY ORCHESTRA

220 S MICHIGAN AVE
CHICAGO,IL60604 		N/A PC GENERAL EXEMPT PURPOSE 5,000

CITIZENS FOR CONSERVATION

459 IL-22
BARRINGTON,IL60010 		N/A PC GENERAL EXEMPT PURPOSE 25,000

COMMUNITAS

15308 W GRACE ST
CHICAGO,IL60613 		N/A PC GENERAL EXEMPT PURPOSE 3,000

EVANGELICAL FREE CHURCH OF AMERICA

901 E 78TH ST
MINNEAPOLIS,MN55420 		N/A PC RELIGIOUS 2,500

FORT WILDERNESS MINISTRIES

PO BOX 715
MCNAUGHTON,WI54543 		N/A PC GENERAL EXEMPT PURPOSE 25,500

FULLER SEMINARY

135 N OAKLAND AVENUE
PASADENA,CA91182 		N/A PC RELIGIOUS 1,000

JESUS FILM PROJECT

100 LAKE HART DRIVE
ORLANDO,FL32832 		N/A PC RELGIOUS 4,000

JOST VAN DYKE PRESERVATION SOCIETY

326 FIRST ST STE378
ANNAPOLIS,MD21403 		N/A PC GENERAL EXEMPT PURPOSE 2,500

LANGHAM PARTNERSHIP

PO BOX 189
CAVE CREEK,AZ85327 		N/A PC GENERAL EXEMPT PURPOSE 210,000

LOUIS PALAU ASSOCIATION

1500 NW 167TH PL
BEAVERTON,OR97006 		N/A PC GENERAL EXEMPT PURPOSE 20,000

MOODY BIBLE INSTITUTE OF CHICAGO

820 NORTH LASALLE BLVD
CHICAGO,IL60610 		N/A PC RELIGIOUS 5,000

NATIONAL CHRISTIAN FOUNDATION

11625 RAINWATER DRIVE SUITE 500
ALPHARETTA,GA30009 		N/A PC RELIGIOUS 50,000

NAVIGATORS

PO BOX 6000
COLORADO SPRINGS,CO80934 		N/A PC GENERAL EXEMPT PURPOSE 1,000

NORTHERN BAPTIST THEOLOGICAL SEMINARY

660 E BUTTERFIELD RD
LOMBARD,IL60148 		N/A PC RELIGIOUS 45,000

ONE COLLECTIVE

2155 POINT BLVD 200
ELGIN,IL60123 		N/A PC RELIGIOUS 500

RUSSIAN LEADERSHIP MINISTRIES

PO BOX 226
WHEATON,IL60187 		N/A PC RELIGIOUS 15,000

SANGO ASSOCIATION

965 SYCAMORE CT
HOFFMAN ESTATES,IL60192 		N/A PC GENERAL EXEMPT PURPOSE 7,500

SCHOLAR LEADERS INTERNATIONAL

27850 IRMA LEE CIR 101
LAKE FOREST,IL60045 		N/A PC GENERAL EXEMPT PURPOSE 2,500

SHEDD AQUARIUM

1200 SOUTH LAKE SHORE DRIVE
CHICAGO,IL60605 		N/A PC GENERAL EXEMPT PURPOSE 2,500

TRINITY INTERNATIONAL UNIVERSITY

2065 HALF DAY ROAD
DEERFIELD,IL60015 		N/A PC GENERAL EXEMPT PURPOSE 7,500

VILLAGE CHURCH OF BARRINGTON

1600 E MAIN ST
BARRINGTON,IL60010 		N/A PC RELIGIOUS 20,500

YOUTH FOR CHRIST

7670 SOUTH VAUGHN CT
ENGLEWOOD,CO80112 		N/A PC RELIGIOUS 1,000

LIFESONG FOR ORPHANS

101 WESTERN AVE
GRIDLEY,IL61744 		N/A PC GENERAL EXEMPT PURPOSE 5,000
Total .................................right arrow 3a 613,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 22,783  
4 Dividends and interest from securities ....     14 663,446  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 2,804  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 199,706  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aINCOME/LOSS FROM PASSTHROUGH 		    14 -9,468  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 879,271 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
879,271
(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:
EARLE & VIRGINIA COMBS FOUNDATION
EIN:
36-6168454
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 18,058 0   0

TY 2022 AppliedToPriorYearElection
Name:
EARLE & VIRGINIA COMBS FOUNDATION
EIN:
36-6168454
Election:
EARLE & VIRGINIA COMBS FOUNDATIONEIN: 36-61684541000 GARLAND LANE, UNIT 1141BARRINGTON, IL 60010TAX YEAR-ENDING DECEMBER 31, 2018SECTION 4942(H)(2) ELECTION AS TO THE TREATMENT OF QUALIFYING DISTRIBUTIONSPURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE ABOVE REFERENCED FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF (CHECK ONE):UNDISTRIBUTED INCOME FROM THE TAX YEAR(S) ENDING:TAX YEAR AMOUNT2015 $2,714

TY 2022 InvestmentsCorpBondsSchedule
Name:
EARLE & VIRGINIA COMBS FOUNDATION
EIN:
36-6168454
Name of Bond End of Year Book Value End of Year Fair Market Value
50000 SHS FORD MOTOR CREDIT CO LLC 49,725 47,321
75000 SHS CELANESE US HLDGS LLC 75,369 74,976
50000 SHS ZIMMER BIOMET HOLDINGS INC 47,874 46,484
100000 SHS B&G FOODS INC 101,352 87,691
100000 SHS CALVERT SOCIAL INVT FNDTN SER 1599 NOTE 99,125 100,000
50000 SHS ALTERYX INC BOND 44,750 41,500
100000 SHS SCOTTS MIRACLE-GRO CO SER B 95,500 94,685
75000 SHS DISCOVER FINL SVCS NOTE 70,217 70,575
50000 SHS TELEFLEX INCORPORATED NOTE 51,735 47,655
100000 SHS TREEHOUSE FOODS INC NOTE 99,250 85,000
75000 SHS UNITED STATES TREAS SER AG-2025 74,575 72,644

TY 2022 InvestmentsCorpStockSchedule
Name:
EARLE & VIRGINIA COMBS FOUNDATION
EIN:
36-6168454
Name of Stock End of Year Book Value End of Year Fair Market Value
1578 SHS ABBOTT LABORATORIES 55,967 173,249
750 SHS ACTIVISION BLIZZARD INC 63,519 57,413
61 SHS AIRBNB INC 9,544 5,216
30 SHS ALIGN TECHNOLOGY INC 12,415 6,327
80 SHS ALPHABET INC CLASS C CAPITAL STOCK 3,006 7,098
65 SHS AMAZON.COM INC 1,822 5,460
10072 SHS AON PLC SHS CL A 509,077 3,023,010
1115 SHS ARCHER-DANIELS-MIDLAND ND CO 60,351 103,528
45 SHS ATLASSIAN CORPORATION 9,659 5,791
2000 SHS BABCOCK & WILCOX ENTERPRISES 48,843 41,280
425 SHS BERKSHIRE HATHAWAY INC B 60,985 131,283
986 SHS CBOE HOLDINGS INC 45,307 123,713
6 SHS CHIPOTLES MEXICAN GRILL INC 8,698 8,325
3500 SHS CINTAS CORP 5,882 1,580,670
1814 SHS CME GROUP INC 74,135 305,042
80 SHS COSTAR GROUP INC 5,604 6,182
200 SHS COSTCO WHOLESALE CORP 31,034 91,300
275 SHS DANAHER CORPORATION 29,196 72,991
7 SHS DESCARTES SYS GROUP INC 516 488
76 SHS DEXCOM INC 1,193 8,606
53 SHS DISNEY WALT CO 6,002 4,605
750 SHS DUKE ENERGY CORP NEW 9,349 77,243
45000 SHS ENTRADE INC 1 0
10 SHS GARTNER INC 2,865 3,361
2 SHS HOME DEPOT INC 626 632
17 SHS IDEXX LABORATORIES CORP 2,920 6,935
1750 SHS ILLINOIS TOOL WORKS INC 12,261 385,525
373 SHS INTERNATIONAL BUS MACH CORP 51,302 52,552
18 SHS INTUIT COM 4,010 7,006
21 SHS JPMORGAN CHASE & CO 2,469 2,816
23 SHS LULULEMON ATHLETICA INC 1,159 7,369
100 SHS MASTERCARD INCORPORATED 9,193 34,773
110 SHS MCDONALDS CORP 24,019 28,988
25 SHS MICROSOFT CORP 2,794 5,996
98 SHS PARKER-HANNIFIN CORP 22,751 28,518
25 SHS POOL CORP 4,715 7,558
200 SHS ROLLINS INC 4,461 7,308
7000 SHS RPM INTERNATIONAL INC 9,747 682,150
190 SHS RYAN SPECIALTY GROUP HLDGS INC CL A 7,318 7,887
50 SHS SALESFORCE.COM INC 5,912 6,630
16 SHS SERVICENOW INC COM 5,694 6,212
221 SHS STARBUCKS CORP 19,250 21,923
227 SHS SYSCO CORP 15,989 17,354
23 SHS VEEVA SYSTEMS INC CL A COM 1,007 3,712
35 SHS VISA INC CL A COMMON STOCK 2,406 7,272
3 SHS WASTE MANAGEMENT INC 467 471
35 SHS WORKDAY INC CL A 2,754 5,857
45 SHS ZOETIS INC CL A 2,422 6,595
38 SHS ABM INDUSTRIES INC 1,245 1,688
55 SHS ACCENTURE PLC 8,838 14,676
31 SHS ACTIVISION BLIZZARD INC 2,786 2,373
11 SHS ADVANCE AUTO PARTS INC 1,728 1,617
193 SHS AFLAC INC 11,800 13,884
72 SHS AKAMAI TECHNOLOGIES 7,233 6,070
38 SHS ALASKA AIR GROUP INC 1,571 1,632
18 SHS ALCOA CORPORATION 1,171 818
19 SHS ALLSTATE CORP 1,822 2,576
118 SHS ALLY FINANCIAL INC 3,104 2,885
34 SHS AMER INTL GRP INC 2,167 2,150
99 SHS AMERICAN ASSETS TRUST INC 3,539 2,624
35 SHS AMERICAN ELECTRIC POWER CO INC 3,156 3,323
202 SHS AMPHENOL CORP 8,971 15,380
23 SHS ANDERSONS INC 814 805
860 SHS ANNALY CAPITAL MANAGEMENT INC 19,625 18,129
95 SHS ANYWHERE REAL ESTATE INC 1,262 607
51 SHS APA CORPORATION 1,773 2,381
220 SHS APPLE INC 30,885 28,585
134 SHS APPLIED MATERIALS INC 8,557 13,049
20 SHS ARCBEST CORP 567 1,401
90 SHS ARCH CAPITAL GROUP 3,399 5,650
7 SHS ARCH RESOURCES INC 944 1,000
114 SHS ARCHER-DANIELS-MIDLAND CO 5,025 10,585
25 SHS ARTISAN PARTNERS ASSET MGMT IN 554 743
128 SHS ASSOCIATED BANC-CORP 2,654 2,956
11 SHS ASSURANT INC 1,525 1,376
605 SHS AT&T INC 14,867 11,138
13 SHS AUTONATION INC 1,205 1,395
25 SHS AVANOS MEDICAL INC 1,126 677
3 SHS AVIS BUDGET GROUP INC 569 492
39 SHS AZZ INC 1,903 1,568
32 SHS AZENTA INC 2,002 1,863
56 SHS BANK OF NEW YORK MELLON CORP 2,531 2,549
77 SHS BATH & BODY WORKS INC 4,046 3,245
57 SHS BEST BUY CO INC 4,288 4,572
109 SHS BORG WARNER INC 4,279 4,387
23 SHS BOYD GAMING CORP 1,565 1,254
21 SHS BROADCOM INC 5,338 11,742
31 SHS BUILDERS FIRSTSOURCE INC 547 2,011
9 SHS CACI INTERNATIONAL INC 2,209 2,705
27 SHS CALLON PETROLEUM CO 1,661 1,001
22 SHS CAPITAL ONE FINANCIAL CORP 2,019 2,045
52 SHS CARLYLE GROUP INC 2,398 1,552
58 SHS CBRE GROUP INC 2,777 4,464
39 SHS CDW CORP 4,551 6,965
32 SHS CH ROBINSON WORLDWIDE INC 2,798 2,930
50 SHS CHEVRON CORPORATION 8,841 8,975
16 SHS CHUBB LIMITED 3,077 3,530
30 SHS CIENA CORP 1,624 1,529
366 SHS CISCO SYSTEMS INC 17,534 17,436
55 SHS CITIGROUP INC 3,322 2,488
100 SHS CNO FINANCIAL GROUP INC 2,233 2,285
158 SHS COGNIZANT TECHNOLOGY 9,870 9,036
262 SHS COMCAST CORP 10,105 9,162
48 SHS COMMERCIAL METALS CO 1,141 2,318
12 SHS CONMED CORP 904 1,064
39 SHS CONOCOPHILLIPS 1,357 4,602
41 SHS CONSOLIDATED EDISON INC 3,660 3,908
25 SHS CORCEPT THERAPEUTICS INC 341 508
54 SHS CORECIVIC INC 536 624
27 SHS CSG SYSTEMS INTL INC 1,252 1,544
32 SHS CUMMINS INC 5,899 7,753
44 SHS DAITO TRUST CONSTRUCTION CO 1,660 1,122
92 SHS DANA INCORPORATED 1,570 1,392
38 SHS DAVITA INC 4,043 2,837
84 SHS DELL TECHNOLOGIES INC 2,725 3,378
63 SHS DELUXE CORP 1,629 1,070
15 SHS DIAMONDBACK ENERGY INC 2,179 2,052
16 SHS DICKS SPORTING GOODS INC 1,473 1,925
49 SHS DIGITAL TURBINE INC 884 747
20 SHS DIODES INC 1,206 1,523
176 SHS DISH NETWORK CORPORATION 7,380 2,471
13 SHS DOLLAR GENERAL CORP 2,876 3,201
16 SHS DOLLAR TREE INC 1,493 2,263
34 SHS DOVER CORP 3,320 4,604
30 SHS DOW INC 1,923 1,512
106 SHS DR HORTON INC 4,186 9,449
137 SHS DROPBOX INC 2,907 3,066
28 SHS DUPONT DE NEMOURS INC 2,104 1,922
75 SHS EBAY INC 3,799 3,110
38 SHS EBIX INC 1,210 758
41 SHS EDISON INTERNATIONAL 2,384 2,608
12 SHS ELEVANCE HEALTH INC 6,062 6,156
27 SHS EMCOR GROUP 1,864 3,999
55 SHS EMERGENT BIOSOLUTIONS INC 945 650
20 SHS ENCOMPASS HEALTH CORPORATION 1,093 1,196
18 SHS ENCORE CAPITAL GROUP INC 625 863
17 SHS ENCORE WIRE CORP 1,059 2,339
10 SHS ENPRO INDUSTRIES INC 682 1,087
69 SHS EQUITABLE HOLDINGS INC 1,980 1,980
41 SHS EQUITY RESIDENTIAL 2,448 2,419
27 SHS EVEREST RE GROUP 7,041 8,944
96 SHS EVERGY INC 5,934 6,041
71 SHS EXELIXIS INC 1,191 1,139
101 SHS EXELON CORP 3,405 4,366
4 SHS EXLSERVICE HLDGS INC 180 678
28 SHS EXPEDTRS INTL WASH 2,695 2,910
137 SHS EXXON MOBIL CORPORATION 11,159 15,111
12 SHS FABRINET 692 1,539
71 SHS FIDELITY NATIONAL FINANCIAL 2,196 2,671
31 SHS FIRST AMERICAN FINANCIAL CORP 1,831 1,623
62 SHS FIRSTENERGY CORP 2,287 2,600
21 SHS FLEETCOR TECHNOLOGIES INC 4,962 3,857
18 SHS FOOT LOCKER INC 488 680
112 SHS FORD MOTOR CO 1,814 1,303
37 SHS FORMFACTOR INC 478 823
27 SHS FORTUNE BRANDS INNOVATIONS INC 1,835 1,542
134 SHS FOX CORP A 5,025 4,070
107 SHS FOX CORP B 3,297 3,044
62 SHS FRANKLIN RESOURCES INC 1,436 1,636
58 SHS FREEPORT-MCMORAN INC 2,645 2,204
95 SHS FULTON FINANCIAL CORP 1,547 1,599
33.305 SHS GAMING & LEISURE PROPERTIES 1,356 1,735
121 SHS GEN DIGITAL INC 3,195 2,593
16 SHS GENERAL DYNAMICS CORP 2,901 3,970
44 SHS GENERAL MOTORS CO 1,494 1,480
127 SHS GILEAD SCIENCES INC 8,156 10,903
165 SHS GLOBAL NET LEASE INC 2,271 2,074
33 SHS GMS INC 953 1,643
238 SHS GRAFTECH INTERNATIONAL LTD 1,655 1,133
8 SHS GROUP 1 AUTOMOTIVE INC 1,292 1,443
53 SHS GUESS INC 850 1,097
13 SHS HAEMONETICS CORP 1,437 1,022
61 SHS HENRY SCHEIN INC 4,447 4,872
67 SHS HERBALIFE NUTRITION LTD 1,707 997
44 SHS HERMAN MILLER INC 1,054 924
99 SHS HIGHWOODS PROPERTIES INC 3,271 2,770
133 SHS HOLOGIC INC 9,121 9,950
146 SHS HOST HOTELS & RESORTS INC 2,909 2,343
18 SHS HOWARD HUGHES CORP 1,083 1,376
71 SHS HP INCORPORATION 1,769 1,908
15 SHS HUMANA INC 6,340 7,683
36 SHS INGREDION INC 3,429 3,525
66 SHS INNOVIVA INC 979 875
27 SHS INSIGHT ENTERPRISE INC 1,542 2,707
13 SHS INTEGER HOLDINGS CORPORATION 1,007 890
360 SHS INTEL CORP 16,877 9,515
43 SHS INTERNATIONAL PAPER CO 1,982 1,489
158 SHS INTERPUBLIC GROUP COS INC 3,742 5,263
141 SHS INVESCO LTD 2,261 2,537
104 SHS IRONWOOD PHARMACEUTICALS INC 1,408 1,289
31 SHS JABIL INC 1,803 2,114
27 SHS JACKSON FINANCIAL INC 1,016 939
21 SHS JACOBS SOLUTIONS 2,021 2,521
9 SHS JAZZ PHARMACEUTICALS PLC 984 1,434
46 SHS JEFFERIES FINANCIAL GROUP INC 1,518 1,577
84 SHS JOHNSON CONTROLS INTL PLC 3,255 5,376
12 SHS JONES LANG LASALLE INC 2,584 1,912
35 SHS JUNIPER NETWORKS 1,196 1,119
16 SHS KB HOME 465 510
21 SHS KLA CORPORATION 2,180 7,918
23 SHS KNIGHT SWIFT TRANSN HLDGS INC 964 1,205
96 SHS KNOWLES CORP 1,425 1,576
35 SHS KOPPERS HOLDINGS INC 1,138 987
80 SHS KRAFT HEINZ CO 4,408 3,257
72 SHS KROGER CO 2,718 3,210
87 SHS KRONOS WORLDWIDE INC 1,130 818
11 SHS L3 HARRIS TECHNOLOGIES INC 2,241 2,290
40 SHS LABORATORY CORP AMER HLDGS 7,227 9,419
13 SHS LAM RESEARCH CORP 1,898 5,464
25 SHS LEAR CORP 3,524 3,101
252 SHS LENNAR CORP 19,787 22,806
7 SHS LITHIA MOTORS INC 1,299 1,433
117 SHS LKQ CORPORATION 5,060 6,249
387 SHS LOANDEPOT INC 555 639
50 SHS LOEWS CORP 2,642 2,917
24 SHS LOUISIANA-PACIFIC CORP 1,384 1,421
14 SHS LOWE'S COMPANIES INC 3,002 2,789
232 SHS LUMEN TECHNOLOGIES INC 2,514 1,211
19 SHS LUMENTUM HLDGS INC 1,439 991
94 SHS LXP INDUSTRIAL TRUST 1,045 942
20 SHS LYONDELLBASELL INDUSTRIES N V 1,682 1,661
49 SHS MACY'S INC 856 1,012
110 SHS MAGNITE INC 721 1,165
13 SHS MANPOWERGROUP INC 1,270 1,082
494 SHS MARATHON OIL CORPORATION 9,964 13,373
44 SHS MARCUS & MILLICHAP INC 1,733 1,516
102 SHS MASCO CORP 4,571 4,760
9 SHS MASTEC INC 329 768
25 SHS MAXIMUS INC 1,871 1,833
64 SHS MDU RESOURCES GROUP INC 1,843 1,942
110 SHS MEDTRONIC PLC 10,791 8,549
92 SHS META PLATFORMS INC 16,253 11,071
28 SHS METHODE ELECTRONICS INC 1,084 1,242
107 SHS MGIC INVESTMENT CORP 771 1,391
82 SHS MGM RESORTS INTERNATIONAL 2,814 2,749
179 SHS MICRON TECHNOLOGY INC 12,061 8,946
64 SHS MICROSOFT CORP 14,706 15,348
19 SHS MID-AMERICA APARTMENT COMMUNIT 2,939 2,983
29 SHS MINERALS TECHNOLOGIES INC 1,813 1,761
16 SHS MKS INSTRUMENTS INC 1,905 1,356
4 SHS MOLINA HEALTHCARE INC 745 1,321
47 SHS MOLSON COORS BEVERAGE COMPANY 3,044 2,421
73 SHS MONDELEZ INTL INC 4,576 4,865
15 SHS MOTOROLA SOLUTIONS INC 1,930 3,866
48 SHS MUELLER INDUSTRIES INC 1,712 2,832
33 SHS MURPHY OIL CORP 915 1,419
7 SHS MURPHY USA INC 765 1,957
15 SHS NATIONAL HEALTH CARE CORP 1,206 893
18 SHS NATIONAL HEALTH INVESTORS 1,263 940
45 SHS NETAPP INC 2,884 2,703
14 SHS NEUROCRINE BIOSCIENCES INC 1,291 1,672
69 SHS NEWMARK GROUP INC 818 550
54 SHS NEXTGEN HEALTHCARE INC 1,087 1,014
85 SHS NISOURCE INC 2,373 2,331
34 SHS NRG ENERGY INC 1,266 1,082
14 SHS NU SKIN ENTERPRISES INC 544 590
35 SHS NUCOR CORP 2,702 4,613
40 SHS OCCIDENTAL PETROLEUM CORP 2,781 2,520
398 SHS OLAPLEX HLDGS INC 2,138 2,074
42 SHS ON SEMICONDUCTOR CORP 2,507 2,620
21 SHS ONEMAIN HLDGS INC 492 700
358 SHS OSCAR HEALTH INC 1,268 881
11 SHS OSI SYSTEMS INC 802 875
29 SHS OVERSTOCK COM INC DEL 1,144 561
44 SHS OVINTIV INC 1,752 2,231
47 SHS PACCAR INC 3,633 4,652
25 SHS PACIRA BIOSCIENCES INC 1,334 965
50 SHS PAGERDUTY INC 1,130 1,328
100 SHS PARAMOUNT GLOBAL 3,342 1,688
113 SHS PHILIP MORRIS INTL INC 8,943 11,437
39 SHS PINNACLE WEST CAPITAL CORP 2,990 2,966
14 SHS POPULAR INC 532 928
79 SHS PPL CORP 2,367 2,308
20 SHS PRESTIGE CONSUMER HEALTHCARE 853 1,252
29 SHS PRINCIPAL FINANCIAL GROUP 2,662 2,434
58 SHS PROVIDENT FINL SVC 1,494 1,239
46 SHS PUBMATIC INC 857 589
148 SHS PULTE GROUP INC 6,038 6,738
25 SHS PVH CORPORATION 1,409 1,765
89 SHS QORVO INC 14,339 8,067
94 SHS QUALCOMM INC 12,493 10,334
67 SHS QUEST DIAGNOSTICS INC 6,806 10,481
8 SHS QUIDELORTHO CORP 662 685
146 SHS RADIAN GROUP INC 2,786 2,784
80 SHS REGENCY CENTERS CORP 5,527 5,000
104 SHS REGIONS FINANCIAL CORP 1,384 2,242
12 SHS RELIANCE STEEL & ALUMINIUM 1,514 2,429
6 SHS REPLIGEN CORP 654 1,016
198 SHS RITHM CAPITAL CORP 1,919 1,618
13 SHS ROBERT HALF INTERNATIONAL INC 980 960
989 SHS ROCKET COMPANIES INC 7,377 6,923
73 SHS RPT REALTY 882 733
39 SHS RUSH ENTERPRISES 1,177 2,039
52 SHS SALLY BEAUTY HOLDINGS INC 974 651
24 SHS SANMINA CORP 914 1,375
44 SHS SCHNEIDER NATIONAL INC 935 1,030
13 SHS SCIENCE APPLICATION INTL CORP 1,063 1,442
129 SHS SCIPLAY CORPORATION 1,951 2,074
34 SHS SEAGATE TECHNOLOGY HLDG 2,044 1,789
40 SHS SIMMONS FIRST NATIONAL CORP 1,112 863
38 SHS SIMON PROPERTY GROUP INC 4,521 4,464
7 SHS SITIME CORPORATION 553 711
47 SHS SKYWORKS SOLUTIONS INC 7,313 4,283
22 SHS SM ENERGY COMPANY 834 766
83 SHS SMITH AND WESSON BRANDS INC 940 720
30 SHS SMUCKER (JM) CO 3,333 4,754
31 SHS SNAP-ON INC 5,560 7,083
30 SHS SPROUTS FARMERS MARKETS INC 642 971
10 SHS SPS COMMERCE INC 1,086 1,284
61 SHS SS&C TECHNOLOGIES HOLDINGS INC 4,516 3,176
14 SHS STANLEY BLACK & DECKER INC 2,506 1,052
70 SHS STEELCASE INC 703 495
38 SHS STIFEL FINANCIAL CORP 1,296 2,218
12 SHS SUPER MICRO COMPUTER INC 450 985
38 SHS SUPERNUS PHARMACEUTICALS INC 1,424 1,355
59 SHS SYNCHRONY FINANCIAL 1,811 1,939
31 SHS SYNEOS HEALTH INC 1,738 1,137
52 SHS TARGET CORP 3,141 7,750
61 SHS TAYLOR MORRISON HOME CORP 1,342 1,851
14 SHS TD SYNNEX CORP 693 1,326
68 SHS TE CONNECTIVITY LTD 8,587 7,806
54 SHS TELEPHONE & DATA SYSTEMS INC 990 566
72 SHS TERADYNE INC 8,041 6,289
63 SHS TEXAS INSTRUMENTS INC 6,496 10,409
39 SHS TEXTRON INC 2,181 2,761
72 SHS THE AARONS COMPANY INC 1,271 860
100 SHS THE HARTFORD FIN SERVICES GRP 5,994 7,583
22 SHS THE ODP CORPORATION 518 1,002
52 SHS THE RMR GROUP INC 1,493 1,469
19 SHS TOLL BROS INC 913 948
40 SHS TOWNEBANK (PORTSMOUTH VA) 1,168 1,234
21 SHS TRANE TECHNOLOGIES PLC 1,791 3,530
41 SHS TRAVELERS COMPANIES INC 5,771 7,687
62 SHS TRI POINTE GROUP INC 786 1,153
23 SHS TRITON INTL LTD 664 1,582
53 SHS TRUEBLUE INC 1,248 1,038
15 SHS TTEC HOLDINGS INC 643 662
98 SHS TTM TECHNOLOGIES INC 1,402 1,478
129 SHS TYSON FOODS INC 8,590 8,030
45 SHS UFP INDUSTRIES INC 2,075 3,566
73 SHS UGI CORP 3,188 2,706
17 SHS UNITED PARCEL SERVICE INC 3,594 2,955
13 SHS UNITED RENTALS INC 1,980 4,620
36 SHS UNITED STATES STEEL CORP 617 902
9 SHS UNITED THERAPEUTICS CORP 1,063 2,503
11 SHS UNIVERSAL CORP 613 581
71 SHS UNUM GROUP 2,025 2,913
39 SHS US CELLULAR CORP 1,042 813
68 SHS VERACYTE INC 1,465 1,614
360 SHS VERIZON COMMUNICATIONS 18,986 14,184
47 SHS VIRTU FINANCIAL INC 1,046 959
137 SHS VISHAY INTERTECHNOLOGY INC 2,990 2,955
95 SHS WALMART INC 8,857 13,470
16 SHS WEIS MARKETS INC 668 1,317
23 SHS WERNER ENTERPRISES INC 949 926
31 SHS WESBANCO INC 1,260 1,146
55 SHS WESTERN DIGITAL CORP 3,014 1,735
30 SHS WESTLAKE CORPORATION 2,462 3,076
212 SHS WEYERHAEUSER COMPANY 6,298 6,572
34 SHS WHIRLPOOL CORP 5,267 4,810
48 SHS WIDEOPENWEST INC 376 437
6 SHS WILLIAMS-SONOMA INC 822 690
27 SHS ZIFF DAVIS INC 2,062 2,136
28 SHS ZUMIEZ INC 647 609
1000 SHS AMAZON COM INC 165,690 84,000
1000 SHS AMERICAN AIRLINES GROUP INC 15,774 12,720
200 SHS AMGEN INC 50,968 52,120
1000 SHS APPLE INC 136,229 129,610
300 SHS BLACKSTONE GROUP INC 23,868 22,128
1000 SHS BRISTOL MYERS SQUIBB 59,776 71,110
1500 SHS CANADIAN PACIFIC RAILWAY LTD 89,172 111,735
500 SHS CARMAX INC 44,332 29,720
1540 SHS CBOE GLOBAL MARKETS INC 202,908 192,074
570 SHS CME GROUP INC 99,374 95,851
1000 SHS CMS ENERGY CORP 59,216 63,280
1000 SHS COCA-COLA COMPANY 50,210 62,340
300 SHS COLGATE-PALMOLIVE CO 20,121 23,082
1000 SHS CVS HEALTH CORPORATION 53,319 92,870
400 SHS DISNEY WALT COMPANY 46,525 34,728
66 SHS DOMINION ENERGY INC 6,778 4,047
125 SHS GENERAL ELEC CO NEW 18,862 10,474
200 SHS GENL DYNAMICS CORP 39,773 48,922
1290 SHS HERTZ GLOBAL 5,494 9,617
180 SHS HERTS GLOBAL HOLDINGS 12,074 2,770
300 SHS HOME DEPOT INC 99,361 94,749
1000 SHS INTEL CORP 61,090 26,390
1000 SHS INTERNATIONAL BUSINESS 120,108 140,070
300 SHS JPMORGAN CHASE & CO 43,800 39,789
200 SHS KIMBERLY-CLARK CORP 21,740 25,840
42 SHS KONTOOR BRANDS INC 1,680 1,708
1000 SHS KRAFT HEINZ CO 38,706 38,170
200 SHS KYNDRYL HLDGS INC 5,180 2,224
187 SHS LIVENT CORP 2,420 3,716
800 SHS MONDELEZ INTL INC 36,949 52,336
500 SHS MORGAN STANLEY & CO 47,801 42,485
1000 SHS PARAMOUNT GLOBAL 40,908 16,830
500 SHS PNC FINANCIAL SERVICES GROUP 80,287 78,945
200 SHS POLARIS INC 18,476 20,032
500 SHS SOUTHWEST AIRLINES CO 29,204 16,740
1000 SHS STARBUCKS CORP 97,822 92,500
1000 SHS TRUIST FINL CORP 54,010 43,010
1000 SHS UBER TECHNOLOGIES INC 52,110 24,270
200 SHS UNITEDHEALTH GROUP INC 71,935 105,490
500 SHS US BANCORP NEW 27,932 21,450
300 SHS V F CORPORATION 26,916 8,268
5 SHS WABTEC 390 499
200 SHS WORKDAY INC 36,008 33,236
400 SHS 3M CO 82,801 47,780
189353 SHS TRINITY CAPITAL INC. 2,799,028 2,069,628
30678.83 SHS BLACKSTONE REAL ESTATE INCOME TRUST INC 450,000 456,292
7993.61 SHS BLACKSTONE PRIVATE CREDIT 200,000 197,682

TY 2022 InvestmentsOtherSchedule2
Name:
EARLE & VIRGINIA COMBS FOUNDATION
EIN:
36-6168454
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
168 SHS INVESCO EXCHANGE TRADED FD TR S&P500 EQL AT COST 20,832 23,730
3 SHS ISHARES RUSSELL 2000 ETF AT COST 567 523
785 SHS ISHARES TRUST MSCI EAFE MIN VOL FACTOR ETF AT COST 47,036 49,914
1685 SHS ISHARES TRUST MSCI INTL MOMENTUM FACTOR AT COST 48,132 51,949
1600 SHS ISHARES TRUST MSCI INTL QUALITY FACTOR AT COST 47,126 51,824
2243 SHS ISHARES TRUST MSCI INTL VLU FT ETF AT COST 47,877 51,970
6430 SHS SCHWAB STRATEGIC TR INTL EQTY ETF AT COST 193,928 207,110
4872.704 SHS DFA EMERGING MARKETS CORE EQUITY I AT COST 99,844 98,136
21483.273 SHS DFA TARGETED CREDIT PORTFOLIO I AT COST 213,043 195,927
19699.938 SHS VANGUARD SHORT TERM INVT GRADE ADMIRAL AT COST 209,218 196,014
INVESTMENT IN DIGNITY FUND, LP AT COST 50,698 64,166

TY 2022 OtherAssetsSchedule
Name:
EARLE & VIRGINIA COMBS FOUNDATION
EIN:
36-6168454
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ORGANIZATIONAL COSTS 449 449 449


TY 2022 OtherExpensesSchedule
Name:
EARLE & VIRGINIA COMBS FOUNDATION
EIN:
36-6168454
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 66 0   0
BOOKS, SUBSCRIPTIONS 298 0   0
TD AMERITRADE MGMT FEES 18,211 18,211   0
WELLS FARGO ADVISORY FEES 25,858 25,858   0
WILLIAM BLAIR MGMT FEES 16,226 16,226   0


TY 2022 OtherIncomeSchedule2
Name:
EARLE & VIRGINIA COMBS FOUNDATION
EIN:
36-6168454
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
TD AMERITRADE 836 836 836
TD AMERITRADE-NONDIVIDEND DISTRIBUTIONS 1,056 1,056 1,056
WELLS FARGO-NONDIVIDEND DISTRIBUTIONS 842 842 842
WILLIAM BLAIR-NONDIVIDEND DISTRIBUTIONS 70 70 70
INCOME/LOSS FROM PASSTHROUGH -9,468 -9,468 -9,468


TY 2022 OtherIncreasesSchedule
Name:
EARLE & VIRGINIA COMBS FOUNDATION
EIN:
36-6168454
Description Amount
BASIS ADJUSTMENT FOR SECURITIES 50,574


TY 2022 TaxesSchedule
Name:
EARLE & VIRGINIA COMBS FOUNDATION
EIN:
36-6168454
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAXES 26,940 0   0
FOREIGN TAX - TDA 2,255 2,255   0
FOREIGN TAX - WELLS FARGO 219 219   0