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
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
Waggoners Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)19500 State Highway 249 STE 295
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Houston, TX770703062
A Employer identification number

76-0404981
B Telephone number (see instructions)

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$2,658,224J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 101,617 101,617  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 46,498
b Gross sales price for all assets on line 6a 200,588
7 Capital gain net income (from Part IV, line 2)... 46,498
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).......      
12 Total. Add lines 1 through 11........ 148,115 148,115  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 134,400      
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
13,848 13,848    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
10,706 424    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
659    
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
4,220      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 163,833 14,272   0
25 Contributions, gifts, grants paid....... 162,000 162,000
26 Total expenses and disbursements. Add lines 24 and 25 325,833 14,272   162,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -177,718
b Net investment income (if negative, enter -0-) 133,843
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 97,508 56,802  
2 Savings and temporary cash investments......... 61,100 60,194  
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) 253,168 Click to see attachment
List of Attached Documents:
// Content
240,795 		228,041
b Investments—corporate stock (attach schedule)....... 798,238 Click to see attachment
List of Attached Documents:
// Content
736,078 		1,527,755
c Investments—corporate bonds (attach schedule)....... 714,934 Click to see attachment
List of Attached Documents:
// Content
673,496 		650,059
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).......... 198,028 Click to see attachment
List of Attached Documents:
// Content
177,804 		236,594
14 Land, buildings, and equipment: basis right arrow29,467
Less: accumulated depreciation (attach schedule) right arrow13,692 16,434 Click to see attachment
List of Attached Documents:
// Content
15,775 		15,775
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,139,410 1,960,944 2,658,224
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) 7,504 Click to see attachment
List of Attached Documents:
// Content
6,756
23 Total liabilities (add lines 17 through 22)......... 7,504 6,756
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........... 2,131,906 1,954,188
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,131,906 1,954,188
30 Total liabilities and net assets/fund balances (see instructions). 2,139,410 1,960,944
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
2,131,906
2
Enter amount from Part I, line 27a .....................
2
-177,718
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,954,188
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
1,954,188
Form 990-PF (2023)
Form 990-PF (2023)
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 13 ATT P 1996-12-17 2023-12-04
b 12 ABBOTT LABORATORIES P 2016-11-16 2023-12-04
c 9 ALLSTATE P 2016-06-28 2023-12-04
d 39 ALPHABET CLASS C P 2009-04-16 2023-12-04
e 25 ALPHABET CLASS A P 2009-04-16 2023-12-04
7 AMAZON INC P 2018-11-01 2023-12-04
6 AMERICAN TOWER CORP P 2013-06-23 2023-12-04
43 APPLE INC P 2009-07-25 2023-12-04
10 BAXTER INTL INC P 2013-12-12 2023-12-04
3 BIOGEN INC COMMON P 2015-12-11 2023-12-04
32028 BLACKROCK FUNDS FLGT RATE P 2020-06-17 2023-12-04
15 CVS CORP P 2012-08-01 2023-12-04
5 CHEVRONTEXACO CORP P 2007-01-16 2023-12-04
10 CITIGROUP INC P 2014-07-17 2023-12-04
16 COCA COLA P 2016-06-28 2023-12-04
3 COSCO P 2008-01-17 2023-12-04
7 WALT DISNEY CO P 2006-05-30 2023-12-04
6 DUKE ENERGY CORP P 2019-11-22 2023-12-04
7 EOG RESOURCES P 2015-08-21 2023-12-04
13 EXXON MOBIL CORP P 1996-09-06 2023-12-04
1 META PLATFORMS INC P 2019-11-22 2023-12-04
347 MFC FLEXDHARES TR MORNINGSTAR P 2016-02-29 2023-12-04
107 MFC FLEXSHARES IBOXX 3 YR TARGE P 2019-02-05 2023-12-04
2 WW GRAINGER P 2017-09-05 2023-12-04
2 HOME DEPOT INC P 2012-01-23 2023-12-04
20 INTEL CORP P 2017-04-13 2023-12-04
17 INTERCONTINENTAL EXCHANGE INC P 2012-06-06 2023-12-04
1 IBM P 2019-01-12 2023-12-04
20 J P MORGAN CHASE P 2009-04-02 2023-12-04
6 LAUDER ESTEE COS P 2017-04-13 2023-12-04
4 ELI LILLY & CO P 2019-09-20 2023-12-04
2 MARSH & MCCLENNON COS P 2019-09-20 2023-12-04
5 MCDONALDS CORP P 2011-08-10 2023-12-04
14 MICROCHIP TECHNOLOGY INC P 2018-11-01 2023-12-04
21 MONDELEZ INTL INC P 2013-09-18 2023-12-04
6 MORGAN STANLEY DEAN WITTER P 2017-03-16 2023-12-04
12 NIKE CLASS B P 2009-12-08 2023-12-04
5 NORFOLK SOUTHERN P 2011-08-10 2023-12-04
69768 MFB NORTHERN MID CAP INDEX P 2014-03-14 2023-12-04
39895 MFB NORTHERN GLOBAL INFR P 2014-03-14 2023-12-04
34644 NORTHERN HIGH YIELD P 2015-12-24 2023-12-04
115679 NORTHERN ULTRA SHORT FIXED P 2014-12-03 2023-12-04
101262 NORTHERN BOND INDEX FUND P 2015-10-16 2023-12-04
71722 NORTHERN GLOBAL REAL ESTATE P 2015-12-15 2023-12-04
218716 NORTHERN INTERNATIONAL EQUI P 2015-12-15 2023-12-04
49089 NORTHERN INTERTANIONAL EQTY P 2009-02-12 2023-12-04
5906 NORTHERN EMERGING MARKETS P 2016-02-29 2023-12-04
155862 NORTHERN HI YIELD FIXED P 2016-05-02 2023-12-04
87108 NORTHERN SMALL CAP INDEX P 2015-05-03 2023-12-04
125996 NORTHERN SHORT INTEMEDIATE P 2013-09-25 2023-12-04
4 NUCOR CORP P 2015-07-24 2023-12-04
14 ORACLE CORPORATION P 2010-10-04 2023-12-04
10 PALO ALTO NETWORKS INC P 2017-04-13 2023-12-04
11 QUALCOMM INC P 2017-04-27 2023-12-04
6 SALESFORCE INC COM P 2014-10-22 2023-12-04
12 SCHWAB CHARLES CORP P 2016-02-04 2023-12-04
15 STARBUCKS CORP P 2012-08-09 2023-12-04
7 TJX COS INC P 2018-03-21 2023-12-04
24 WELLS FARGO & CO P 2012-08-10 2023-12-04
(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 216   211 5
b 1,262   481 781
c 1,241   606 635
d 5,077   376 4,701
e 3,219   242 2,977
1,014   569 445
1,254   434 820
8,093   95 7,998
370   368 2
706   790 -84
3,081   3,046 35
1,022   668 354
722   352 370
471   497 -26
936   704 232
1,790   195 1,595
644   209 435
558   519 39
861   535 326
1,335   273 1,062
319   199 120
13,886   7,889 5,997
2,495   2,565 -70
1,603   326 1,277
648   89 559
847   711 136
1,955   434 1,521
161   128 33
3,146   571 2,575
836   511 325
2,342   467 1,875
395   202 193
1,429   422 1,007
1,171   464 707
1,493   670 823
485   208 277
1,375   191 1,184
1,141   338 803
14,281   15,492 -1,211
4,640   5,019 -379
2,848   3,076 -228
11,765   11,813 -48
9,144   10,686 -1,542
6,484   6,628 -144
26,049   26,858 -809
5,847   3,156 2,691
6,296   4,855 1,441
9,071   10,193 -1,122
10,984   12,996 -2,012
11,592   12,373 -781
675   173 502
1,613   381 1,232
2,853   377 2,476
1,421   566 855
1,514   340 1,174
751   299 452
1,460   339 1,121
619   288 331
1,082   627 455
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        
c        
d        
e        
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 46,498
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  
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 1,860
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 1,860
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 1,860
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
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  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 1,860
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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
 
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 arrowTX
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 2023 or the taxable year beginning in 2023? 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
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 arrow  
14
The books are in care ofright arrowKevin Quisenberry Telephone no.right arrow (281) 469-1091

Located atright arrow19500 State Highway 249HoustonTX ZIP+4right arrow770703062
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 2023, 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
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
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
 
No
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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
Kevin Quisenberry Executive Administrator
40.00 		0 0 0
19500 State Highway 249
Houston,TX770703062
Marjorie J Waggoner President
15.00 		0 0 0
14655 Champion Forest Dr 1801
Houston,TX77069
Liz A Quisenberry Vice President
10.00 		0 0 0
8710 Sterling Gate Circle
Spring,TX773797058
Katherine A Fleck Secretary
2.00 		0 0 0
700 Sierra Ave
Mansfield,TX76063
Blake W Quisenberry Director
2.00 		0 0 0
1837 Pumpkin Ridge Dr
Fayetteville,AR72701
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 (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 NOT APPLICABLE 0
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 NOT APPLICABLE 0
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
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
2,666,406
b
Average of monthly cash balances.......................
1b
81,417
c
Fair market value of all other assets (see instructions)................
1c
15,775
d
Total (add lines 1a, b, and c).........................
1d
2,763,598
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
2,763,598
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
41,454
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,722,144
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
136,107
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
136,107
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
1,860
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,860
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
134,247
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
134,247
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
134,247
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
162,000
b
Program-related investments—total from Part VIII-B..................
1b
 
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
162,000
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 134,247
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 4,823
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 162,000
a Applied to 2022, but not more than line 2a 4,823
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 2023 distributable amount..... 134,247
e Remaining amount distributed out of corpus 22,930
5 Excess distributions carryover applied to 2023.    
(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 22,930
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		22,930
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 22,930
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, 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) 2023 (b) 2022 (c) 2021 (d) 2020
         
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).)
NA
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.
NA
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 (2023)
Form 990-PF (2023)
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
Longhorn Foundation


2100 San Jacinto Blvd
Austin,TX78713 		  PC Scholarships 25,000
Houston Food Bank


535 Portwall St
Houston,TX77029 		  PC Feeding the homeless 25,000
Council on Recovery


P O Box 2768
Houston,TX77252 		  PC Drug & Alcohol Rehabilitation 25,000
Shriners Hopital


2900 Rocky Point Drive
Tampa,FL33607 		  PC Childrens Hospital Treatment 25,000
St Judes Children Hospital


P O Box 1000 Dept 142
Memphis,TN381480142 		  PC Childrens Hospital Treatment 25,000
Boys Girls Country


18806 Roberts Rd
Hockley,TX77447 		  PC Childrens Home 25,000
Brookwood Community


1752 FM 1489
Brookshire,TX77423 		  PC Commuinity for mentally challenged 2,000
Star of Hope


4848 Loop Central Dr Suite 500
Houston,TX77081 		  PC Homeless Shelter 10,000
Total .................................right arrow 3a 162,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 101,617  
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 .....     18 46,498  
8 Gain or (loss) from sales of assets other than
inventory ............ 		         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   148,115  
13Total. Add line 12, columns (b), (d), and (e)..................
13
148,115
(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 (2023)
Form 990-PF (2023)
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 (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

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

TY 2023 DepreciationSchedule
Name:
Waggoners Foundation
EIN:
76-0404981
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
Computer 2005-04-22 3,117 3,117 SL 8 0 0 0  
Leasehold Improvements 2009-01-01 26,350 9,885 SL 40 659 0 0  

TY 2023 InvestmentsCorpBondsSchedule
Name:
Waggoners Foundation
EIN:
76-0404981
Name of Bond End of Year Book Value End of Year Fair Market Value
MFB North High Yield (NHFIX) 123,858 116,781
Blackrock Funds (BFRIX) 38,099 38,901
Northern Fds Bond Index NOBOX 197,581 183,251
Northern Ultra Short Fix NUSFX 230,624 230,402
Northern High Yield NMHYX 38,481 36,531
MFC Flexshare 3yr Target TDTT 44,853 44,193

TY 2023 InvestmentsCorpStockSchedule
Name:
Waggoners Foundation
EIN:
76-0404981
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 4,128 11,336
ALPHABET INC CLASS C 3,323 48,621
ALPHABET INC CLASS A 2,122 30,592
AMAZON COMMON 5,121 9,572
AMERICAN TOWER CORP 3,836 11,442
APPLE INC 857 74,702
A T & T INC 1,935 1,997
BECTON DICKINSON AND CO 419 488
CHEVRON CORPORATION 3,365 7,160
CITIGROUP 4,868 5,041
COCA COLA CO 6,246 8,368
COSTCO WHOLESALE 1,818 18,482
CVS HEALTH CORP 6,013 10,660
DUKE ENERGY CORP 3,972 5,143
ELI LILLY CO 3,840 19,236
EOG RESOURCES INC 5,120 8,104
ESTEE LAUDER COMPANIES 4,513 7,751
EXXON MOBIL CORP 2,438 11,598
HOME DEPOT INC 979 7,624
INTEL CORP 6,501 9,196
INTERCONTINENTAL EXCHANGE 3,845 19,907
IBM 1,282 1,636
JP MORGAN CHASE 5,106 30,448
MARSH & MCLENNAN CO 1,717 3,221
MCDONALDS CORP 3,630 12,750
META PLATFORMS INC 994 1,770
MFC SPDR S&P 500 ETF 102,008 198,680
MICROCHIP TECHNOLOGY 4,209 11,453
MONDELEZ INTL INC 5,866 13,327
MORGAN STANLEY COM 1,971 5,315
NIKE INC CLASS B 1,691 11,508
NORFOLK SOUTHERN CORP 2,903 10,164
ORACLE COPRORATION 3,513 13,600
PALO ALTO NETWORKS INC 3,280 25,655
QUALCOMM INC 4,645 14,318
SALESFORCE INC 2,943 13,683
SCHWAB CHARLES CORP 2,740 7,568
STARBUCK CORP 3,007 12,769
TJX COS 2,429 5,535
WALY DISNEY CO 1,943 5,869
WELLS FARGO & CO 5,033 10,435
ALLSTATE CORP 5,589 11,618
BAXTER INTERNATIONAL CO 3,463 3,634
BIOGEN COMMON 6,309 6,210
GRAINGER WW 2,446 12,430
NORTHERN TRUST 21,559 29,533
NUCOR CORP 1,775 7,136
NORTHERN EQUITY INDEX MI NOMIX 114,196 133,074
NORTHERN SMALL NSIDX 85,901 105,162
ZION BANCORPORATION 52,933 140,384
NORTHERN INTERNATIONAL NMIEX 162,674 285,741
NORTHERN EMERGING NOEMX 43,064 56,109

TY 2023 InvestmentsGovtObligationsSch
Name:
Waggoners Foundation
EIN:
76-0404981
US Government Securities - End of Year Book Value:

240,795
US Government Securities - End of Year Fair Market Value:

228,041
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2023 InvestmentsOtherSchedule2
Name:
Waggoners Foundation
EIN:
76-0404981
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MFB FDS Global Real Estate (NGREX)   60,750 63,309
MFC Flexshares Morningstar (GUNR)   72,178 130,016
MFB Northern Global (NMFIX)   44,876 43,269

TY 2023 LandEtcSchedule2
Name:
Waggoners Foundation
EIN:
76-0404981
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Equipment - Computer 3,117 3,117 0 0
Leasehold Improvements 26,350 10,575 15,775 15,775


TY 2023 OtherExpensesSchedule
Name:
Waggoners Foundation
EIN:
76-0404981
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Bank Fees 69 0 0 0
Insurance 4,000 0 0 0
Rent 151 0 0 0


TY 2023 OtherLiabilitiesSchedule
Name:
Waggoners Foundation
EIN:
76-0404981
Description Beginning of Year - Book Value End of Year - Book Value
Suspense 7,504 6,756


TY 2023 OtherProfessionalFeesSchedule
Name:
Waggoners Foundation
EIN:
76-0404981
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Fees 13,848 13,848 0 0


TY 2023 TaxesSchedule
Name:
Waggoners Foundation
EIN:
76-0404981
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Payroll Taxes Medicare SS 10,282 0 0 0
Federal Excise Taxes 0 0 0 0
Foriegn Investment Taxes 424 424 0 0