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
Fleetwood Foundation Inc
 
% Gerber/Taylor Capital Adviso
Number and street (or P.O. box number if mail is not delivered to street address)1 COMMERCE SQ S MAIN ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Memphis, TN381035519
A Employer identification number

27-5486698
B Telephone number (see instructions)

(901) 526-9750
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$55,447,970J 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) 175,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 7,105 7,105  
4 Dividends and interest from securities... 2,278 2,278  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,041,739
b Gross sales price for all assets on line 6a 2,405,000
7 Capital gain net income (from Part IV, line 2)... 1,085,797
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
864,003 822,712  
12 Total. Add lines 1 through 11........ 2,090,125 1,917,892  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 129,459     129,459
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 9,904     9,904
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
126,239      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,060,714 992,486   39,379
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,326,316 992,486   178,742
25 Contributions, gifts, grants paid....... 2,656,830 2,656,830
26 Total expenses and disbursements. Add lines 24 and 25 3,983,146 992,486   2,835,572
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,893,021
b Net investment income (if negative, enter -0-) 925,406
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 4,816,710 1,015,089 1,015,089
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).......      
c Investments—corporate bonds (attach schedule).......      
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).......... 40,853,911 Click to see attachment
List of Attached Documents:
// Content
42,762,511 		54,432,881
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 45,670,621 43,777,600 55,447,970
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 45,670,621 43,777,600
29 Total net assets or fund balances (see instructions)..... 45,670,621 43,777,600
30 Total liabilities and net assets/fund balances (see instructions). 45,670,621 43,777,600
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
45,670,621
2
Enter amount from Part I, line 27a .....................
2
-1,893,021
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
43,777,600
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
43,777,600
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 Passthrough K1 Capital Gain/(Loss)      
b GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2022-03-31
c GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2022-04-30
d GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2022-05-30
e GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2022-06-30
GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2022-07-31
GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2022-08-31
GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2022-09-30
GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2022-10-31
GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2022-11-30
GT OFFSHORE FUND, LTD - CLASS A P 2012-02-02 2022-12-31
GT OFFSHORE FUND, LTD - CLASS B P   2022-03-31
GT OFFSHORE FUND, LTD - CLASS B P 2013-06-03 2022-04-30
GT OFFSHORE FUND, LTD - CLASS B P 2013-06-03 2022-05-30
GT OFFSHORE FUND, LTD - CLASS B P 2013-06-03 2022-06-30
GT OFFSHORE FUND, LTD - CLASS B P 2013-06-03 2022-07-31
GT OFFSHORE FUND, LTD - CLASS B P   2022-08-31
GT OFFSHORE FUND, LTD - CLASS B P 2014-02-28 2022-09-30
GT OFFSHORE FUND, LTD - CLASS B P 2014-02-28 2022-10-31
GT OFFSHORE FUND, LTD - CLASS B P   2022-11-30
GT OFFSHORE FUND, LTD - CLASS B P 2014-10-01 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       1,289,458
b 382,500   195,836 186,664
c 12,500   2,823 9,677
d 17,500   8,829 8,671
e 12,500   6,425 6,075
12,500   6,446 6,054
117,500   60,107 57,393
50,000   24,653 25,347
1,012,500   513,465 499,035
45,000   22,709 22,291
40,000   20,576 19,424
382,500   882,713 -500,213
12,500   3,689 8,811
17,500   44,730 -27,230
12,500   32,829 -20,329
12,500   34,337 -21,837
117,500   321,951 -204,451
50,000   141,259 -91,259
12,500   37,050 -24,550
45,000   130,911 -85,911
40,000   117,323 -77,323
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        
b       186,664
c       9,677
d       8,671
e       6,075
      6,054
      57,393
      25,347
      499,035
      22,291
      19,424
      -500,213
      8,811
      -27,230
      -20,329
      -21,837
      -204,451
      -91,259
      -24,550
      -85,911
      -77,323
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 1,085,797
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 12,863
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  
3 Add lines 1 and 2........................... 3 12,863
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 12,863
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 41,731
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 41,731
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 28,868
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow12,900 Refundedright arrow 11 15,968
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowTN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 5
Part VI-A
Statements Regarding Activities (continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowGerberTaylor Capital Advisors Telephone no.right arrow (901) 526-9750

Located atright arrow40 South Main Street Suite 1900MemphisTN ZIP+4right arrow381035519
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2022? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2022 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2022.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Thomas A Beazley Executive Dir
40.0 		129,459 0 0
1 COMMERCE SQ S MAIN ST
Memphis,TN381035519
Charles C Gerber Dir, Sec
1.0 		0 0 0
1 COMMERCE SQ S MAIN ST
Memphis,TN381035519
Margaret L Gerber Dir, Pres
1.0 		0 0 0
1 COMMERCE SQ S MAIN ST
Memphis,TN381035519
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
 
Total number of other employees paid over $50,000...................right arrow  
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
 
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)
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
0
b
Average of monthly cash balances.......................
1b
2,093,710
c
Fair market value of all other assets (see instructions)................
1c
54,423,326
d
Total (add lines 1a, b, and c).........................
1d
56,517,036
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
56,517,036
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
847,756
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
55,669,280
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,783,464
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
2,783,464
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
12,863
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
12,863
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,770,601
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
2,770,601
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,770,601
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,835,572
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,835,572
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 2,770,601
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 2,798,071
b Total for prior years:2020, 2019, 2018  
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 ........  
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 2,835,572
a Applied to 2021, but not more than line 2a 2,798,071
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2022 distributable amount..... 37,501
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022.    
(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 .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		2,733,100
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) ....... 		 
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		 
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.... 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2022, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
Charles C Gerber
Margaret L Gerber
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

ALLMEMPHIS INC

1350 CONCOURSE AVE
MEMPHIS,TN38104 		N/A PC Circles of Success and Memphis College Preparatory schools in implementation of Orton-Gillingham literacy instruction 76,250

COMMUNITY FOUNDATION OF GREATER MEMPHIS INC

PO BOX 1000 DEPT 78
MEMPHIS,TN38148 		N/A PC Jack Gerber Fund 20,000

COMMUNITY FOUNDATION OF GREATER MEMPHIS INC

PO BOX 1000 DEPT 78
MEMPHIS,TN38148 		N/A PC Fleetwood Fund 250,000

INSTRUCTION PARTNERS

604 GALLATIN AVE STE 202
NASHVILLE,TN37206 		N/A PC General & Unrestricted 200,000

LIFELINE TO SUCCESS

1647 DELLWOOD AVE
MEMPHIS,TN38127 		N/A PC General & Unrestricted 100,000

MAN UP TEACHER FELLOWS INC

PO BOX 3637
CORDOVA,TN38088 		N/A PC General & Unrestricted 250,000

MEMPHIS BROOKS MUSEUM OF ART INC

1934 POPLAR AVE
MEMPHIS,TN38104 		N/A PC General & Unrestricted 400,000

NEW MEMPHIS INSTITUTE

516 TENNESSEE ST STE 301
MEMPHIS,TN38103 		N/A PC General & Unrestricted 200,000

PORTER-LEATH

3400 PRESCOTT RD
MEMPHIS,TN38118 		N/A PC Books from Birth 100,000

PROMISE ACADEMY

1346 BRYAN ST
MEMPHIS,TN38108 		N/A PC General & Unrestricted 767,247

RIVERFRONT DEVELOPMENT CORPORATION

40 S MAIN ST STE 2800
MEMPHIS,TN38103 		N/A PC General & Unrestricted 100,000

SLINGSHOT MEMPHIS INC

802 ROZELLE ST
MEMPHIS,TN38104 		N/A PC General & Unrestricted 100,000

TEACH FOR AMERICA INC

PO BOX 11649
CHARLOTTE,NC28220 		N/A PC General & Unrestricted 33,333

THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC

191 PEACHTREE ST NE STE 1000
ATLANTA,GA30303 		N/A PC Annie and Paxton Griffin Fund 20,000

THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC

191 PEACHTREE ST NE STE 1000
ATLANTA,GA30303 		N/A PC Robin and Kyle Collins Fund 20,000

THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE INC

PO BOX 440225
NASHVILLE,TN37244 		N/A PC Charlie and Hayley Gerber Advised Fund 20,000
Total .................................right arrow 3a 2,656,830
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2022)
Form 990-PF (2022)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 7,105  
4 Dividends and interest from securities ....     14 2,278  
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 ............ 		525990 -44,058 18 1,085,797  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 Inc/Loss 		525990 20,772 14 810,444  
bFederal Tax Refund     01 19,230  
cMANAGEMENT FEE REFUND     01 13,557  
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -23,286 1,938,411  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,915,125
(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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Name of the organization
Fleetwood Foundation Inc
 
Employer identification number

27-5486698
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2022)
Schedule B (Form 990) (2022) Page 2
Name of organization
Fleetwood Foundation Inc
  		Employer identification number
27-5486698
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Alice P Lupton Irrevocable Trust
201 West Main Street Suite 205
 
Chattanooga, TN37408

$ 175,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 3
Name of organization
Fleetwood Foundation Inc
  		Employer identification number

27-5486698
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 4
Name of organization
Fleetwood Foundation Inc
  		Employer identification number

27-5486698
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2022)
Additional Data


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TY 2022 DepreciationSchedule
Name:
Fleetwood Foundation Inc
EIN:
27-5486698
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2022 GeneralExplanationAttachment
Name:
Fleetwood Foundation Inc
EIN:
27-5486698
Identifier Return Reference Explanation
Form 926 Form 926 The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
Form 8865 Form 8865 The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
Part 1 Line 6A (990-PF) Part 1 Line 6A (9990-PF) RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $1,085,797 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $(44,058) TOTAL PART I, LINE 6A: $1,041,739 DETAILS OF ASSETS INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $1,289,458 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $382,500 BOOK BASIS: $195,836 NET GAIN/(LOSS): $186,664 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $12,500 BOOK BASIS: $2,823 NET GAIN/(LOSS): $9,677 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $17,500 BOOK BASIS: $8,829 NET GAIN/(LOSS): $8,671 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $12,500 BOOK BASIS: $6,425 NET GAIN/(LOSS): $6,075 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $12,500 BOOK BASIS: $6,446 NET GAIN/(LOSS): $6,054 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $117,500 BOOK BASIS: $60,107 NET GAIN/(LOSS): $57,393 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $50,000 BOOK BASIS: $24,653 NET GAIN/(LOSS): $25,347 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $1,012,500 BOOK BASIS: $513,465 NET GAIN/(LOSS): $499,035 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $45,000 BOOK BASIS: $22,709 NET GAIN/(LOSS): $22,291 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $40,000 BOOK BASIS: $20,576 NET GAIN/(LOSS): $19,424 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $382,500 BOOK BASIS: $882,713 NET GAIN/(LOSS): $(500,213) SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $12,500 BOOK BASIS: $3,689 NET GAIN/(LOSS): $8,811 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $17,500 BOOK BASIS: $44,730 NET GAIN/(LOSS): $(27,230) SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $12,500 BOOK BASIS: $32,829 NET GAIN/(LOSS): $(20,329) SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $117,500 BOOK BASIS: $321,951 NET GAIN/(LOSS): $(204,451) SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $50,000 BOOK BASIS: $141,259 NET GAIN/(LOSS): $(91,259) SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $45,000 BOOK BASIS: $130,911 NET GAIN/(LOSS): $(85,911) SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $40,000 BOOK BASIS: $117,323 NET GAIN/(LOSS): $(77,323) SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $12,500 BOOK BASIS: $34,337 NET GAIN/(LOSS): $(21,837) SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $12,500 BOOK BASIS: $37,050 NET GAIN/(LOSS): $(24,550)

TY 2022 InvestmentsOtherSchedule2
Name:
Fleetwood Foundation Inc
EIN:
27-5486698
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BIF IV AIV II LP   62,337 82,089
BIF IV AIV LP   30,606 54,460
BIF IV ALPHA AIV LP   112,847 115,299
BIF IV BRAVO AIV LP   39,449 56,250
BIF IV BUFFALO NR AIV LP   373,690 392,985
BIF IV CANADA NR AIV LP   43,975 59,566
BIF IV JARVIS AIV LP   163,582 208,959
BIF IV ONE AIV LP   97,972 101,099
BIF IV PRC AIV II LP   16,875 2,125
BIF IV PRC AIV LP   23,390 54,803
BIF IV TELECOM AIV I LP   3,178 3,473
BIF IV UK AIV LP   89,960 90,328
BIF IV WESTRAY AIV LP   73,852 100,022
BRAZIL CLOUD LP   122,478 193,309
BROOKFIELD INFRASTRUCTURE FUND   534,333 632,708
GT BIOTECH FUND, LP   2,287,845 2,245,147
GT CO-INVEST, LP   136,340 146,570
GT CREDIT OPPORTUNITY FUND LP   158,777 155,945
GT EMERGING MARKETS QP, L.P   2,464,651 2,130,344
GT INTERNATIONAL EQUITY QP FUN   6,679,859 7,177,234
GT OFFSHORE FUND, LTD - CLASS   5,211,836 8,548,627
GT OFFSHORE FUND, LTD - CLASS   4,364,403 6,924,747
GT PRIVATE EQUITY X-A, LP   491,075 499,564
GT REAL ASSET FUND II, LP   765,743 1,272,286
GT REAL ASSET FUND LP   193,732 360,051
GT REAL ASSETS III, LP   1,493,891 2,316,589
GT SPECIAL OPPORTUNITIES III-A   1,186,674 1,154,678
GT U.S. FUND, LP   5,119,256 5,263,015
GT VENTURE II, LP   515,078 423,155
GT VENTURE, LP   330,588 344,212
HEADLANDS CPTL SECONDARY FD II   276,117 462,031
INVERGARRY HOLDINGS LP   516,936 516,936
INVERGARRY SPCL OPPS I LP   499,625 499,347
KAIROS VENTURE PARTNERS III AI   7,654 43,099
KAIROS VENTURE PARTNERS III, L   654,554 725,715
KAIROS-VIVODYNE SPV, L.P   37,590 37,896
ONTARIO III AIV LP   55,060 75,290
PALLADIAN PARTNERS IX-A LP   2,207,260 3,441,863
PALLADIAN PARTNERS VII, LP   380,269 746,895
PALLADIAN PARTNERS VIII-A, LP   899,531 1,603,265
RSF VALOR PTNS TAX EXEMPT LP   315,167 578,145
SSM PARTNERS GROWTH EQUITY III   494,075 731,069
TIOGA PARTNERS II OFFSHORE LP   2,320,219 2,930,535
TIOGA PARTNERS III, L.P   910,182 931,156

TY 2022 OtherExpensesSchedule
Name:
Fleetwood Foundation Inc
EIN:
27-5486698
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 39,020     39,020
Bank Charges 525 525    
K-1 Exp BIF IV AIV II LP 750 750    
K-1 Exp BIF IV AIV LP 191 182    
K-1 Exp BIF IV ALPHA AIV LP 1,158 1,158    
K-1 Exp BIF IV BRAVO AIV LP 939 939    
K-1 Exp BIF IV BUFFALO NR AIV 8,347 5,683    
K-1 Exp BIF IV CANADA NR AIV L 2,314 2,314    
K-1 Exp BIF IV JARVIS AIV LP 2,146 2,146    
K-1 Exp BIF IV ONE AIV LP 840 803    
K-1 Exp BIF IV PRC AIV II LP 172 172    
K-1 Exp BIF IV PRC AIV LP 335 311    
K-1 Exp BIF IV TELECOM AIV I L 51 44    
K-1 Exp BIF IV UK AIV LP 1,373 1,373    
K-1 Exp BIF IV WESTRAY AIV LP 1,273 1,273    
K-1 Exp BRAZIL CLOUD LP 2,090 2,090    
K-1 Exp BROOKFIELD INFRASTRUCT 20,483 20,483    
K-1 Exp GT BIOTECH FUND, LP 37,456 37,456    
K-1 Exp GT CO-INVEST, LP 2,802 2,802    
K-1 Exp GT CREDIT OPPORTUNITY 28,925 28,925    
K-1 Exp GT EMERGING MARKETS QP 127,468 127,468    
K-1 Exp GT INTERNATIONAL EQUIT 106,455 106,018    
K-1 Exp GT PRIVATE EQUITY X-A, 29,066 29,066    
K-1 Exp GT REAL ASSET FUND II, 49,729 49,700    
K-1 Exp GT REAL ASSET FUND LP 20,056 20,035    
K-1 Exp GT REAL ASSETS III, LP 73,682 73,486    
K-1 Exp GT SPECIAL OPPORTUNITI 15,264 14,728    
K-1 Exp GT U.S. FUND, LP 110,062 110,062    
K-1 Exp GT VENTURE II, LP 24,709 24,709    
K-1 Exp GT VENTURE, LP 15,772 15,772    
K-1 Exp HEADLANDS CPTL SECONDA 21,233 21,212    
K-1 Exp INVERGARRY HOLDINGS LP 9,736 9,407    
K-1 Exp INVERGARRY SPCL OPPS I 314 314    
K-1 Exp KAIROS VENTURE PARTNER 774      
K-1 Exp KAIROS VENTURE PARTNER 83,214 83,214    
K-1 Exp KAIROS-VIVODYNE SPV, L 298 298    
K-1 Exp ONTARIO III AIV LP 858 823    
K-1 Exp PALLADIAN PARTNERS IX- 84,228 83,975    
K-1 Exp PALLADIAN PARTNERS VII 27,332 24,938    
K-1 Exp PALLADIAN PARTNERS VII 63,547 42,464    
K-1 Exp RSF VALOR PTNS TAX EXE 4,888 4,888    
K-1 Exp SSM PARTNERS GROWTH EQ 17,208 17,208    
K-1 Exp TIOGA PARTNERS III, L. 23,272 23,272    
Postage/Delivery Service 339     339
State or Local Filing Fees 20     20


TY 2022 OtherIncomeSchedule2
Name:
Fleetwood Foundation Inc
EIN:
27-5486698
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 Inc/Loss BIF IV AIV II LP 53,908 53,908  
K-1 Inc/Loss BIF IV AIV LP 143 136  
K-1 Inc/Loss BIF IV ALPHA AIV LP 8,953 8,953  
K-1 Inc/Loss BIF IV BRAVO AIV LP 1,700 1,700  
K-1 Inc/Loss BIF IV BUFFALO NR AIV LP 34,626 23,574  
K-1 Inc/Loss BIF IV CANADA NR AIV LP 4,360 4,360  
K-1 Inc/Loss BIF IV JARVIS AIV LP 1,993 1,993  
K-1 Inc/Loss BIF IV ONE AIV LP 598 569  
K-1 Inc/Loss BIF IV PRC AIV II LP 308 308  
K-1 Inc/Loss BIF IV PRC AIV LP 1,216 1,128  
K-1 Inc/Loss BIF IV UK AIV LP 13,585 13,585  
K-1 Inc/Loss BIF IV WESTRAY AIV LP 7,860 7,860  
K-1 Inc/Loss BRAZIL CLOUD LP 12 12  
K-1 Inc/Loss BROOKFIELD INFRASTRUCTURE FUND IV-C, 17,776 17,776  
K-1 Inc/Loss GT BIOTECH FUND, LP 6,760 7,025  
K-1 Inc/Loss GT CO-INVEST, LP 50 50  
K-1 Inc/Loss GT CREDIT OPPORTUNITY FUND LP 48,560 39,247  
K-1 Inc/Loss GT EMERGING MARKETS QP, L.P 88,469 88,469  
K-1 Inc/Loss GT INTERNATIONAL EQUITY QP FUND LP 170,750 170,750  
K-1 Inc/Loss GT PRIVATE EQUITY X-A, LP 878 1,610  
K-1 Inc/Loss GT REAL ASSET FUND II, LP 31,608 10,036  
K-1 Inc/Loss GT REAL ASSET FUND LP 21,139 14,488  
K-1 Inc/Loss GT REAL ASSETS III, LP 86,008 71,516  
K-1 Inc/Loss GT SPECIAL OPPORTUNITIES III-A LP 28,998 28,998  
K-1 Inc/Loss GT U.S. FUND, LP 101,146 101,146  
K-1 Inc/Loss GT VENTURE II, LP 106 94  
K-1 Inc/Loss GT VENTURE, LP 26 754  
K-1 Inc/Loss HEADLANDS CPTL SECONDARY FD III LP ( 10,249 8,783  
K-1 Inc/Loss INVERGARRY HOLDINGS LP 15,510 15,510  
K-1 Inc/Loss KAIROS VENTURE PARTNERS III AIV, L.P -34,671 -35,024  
K-1 Inc/Loss KAIROS VENTURE PARTNERS III, L.P 16,108 16,108  
K-1 Inc/Loss ONTARIO III AIV LP -6,027 -5,779  
K-1 Inc/Loss PALLADIAN PARTNERS IX-A LP -35,722 19,601  
K-1 Inc/Loss PALLADIAN PARTNERS VII, LP 19,681 14,069  
K-1 Inc/Loss PALLADIAN PARTNERS VIII-A, LP 54,268 27,406  
K-1 Inc/Loss SSM PARTNERS GROWTH EQUITY III, L.P 2,129 2,129  
K-1 Inc/Loss TIOGA PARTNERS III, L.P 58,454 76,606  
K-1 Inc/Loss BROOKFIELD INFRASTRUCTURE FUND IV-C, -299 -299  
Federal Tax Refund 19,230    
Management Fee Refund 13,557 13,557  


TY 2022 TaxesSchedule
Name:
Fleetwood Foundation Inc
EIN:
27-5486698
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2022 37,100      
990-T Extension for 2021 25,400      
990-T Income Tax for 2021 40,703      
IRS Miscellaneous Fee Expense 2,258      
STATE INCOME TAX 2021 20,778