TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2023

Open to Public Inspection

For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023

Name of foundation
SMITH VIRGINIA FAM CHAR TRUST

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 95672
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL606945672

A Employer identification number

46-7161580

B Telephone number (see instructions)

(312) 461-5154

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$2,673,240J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	54,506		54,506
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-36,845
b	Gross sales price for all assets on line 6a 2,401,243
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		247	247
12	Total. Add lines 1 through 11........	17,908		54,753
13	Compensation of officers, directors, trustees, etc.	34,395		17,197		17,197
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	8,862	713		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	87	87
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	43,344		17,997	0	17,197
25	Contributions, gifts, grants paid.......	111,000				111,000
26	Total expenses and disbursements. Add lines 24 and 25	154,344		17,997	0	128,197
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-136,436
b	Net investment income (if negative, enter -0-)			36,756
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	1,125,235	26,089	26,089
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	288,001	List of Attached Documents: // Content 1,116,791	1,360,367
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 1,080,380	List of Attached Documents: // Content 1,221,146	List of Attached Documents: // Content 1,286,784
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,493,616	2,364,026	2,673,240
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	2,493,616	2,364,026
	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).....	2,493,616	2,364,026
	30	Total liabilities and net assets/fund balances (see instructions).	2,493,616	2,364,026

Part III

Analysis of Changes in Net Assets or Fund Balances

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

2,493,616

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

-136,436

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

List of Attached Documents:

// Content

6,846

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

2,364,026

Decreases not included in line 2 (itemize) right arrow

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

2,364,026

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	50000. TREASURY BILL 05 OCT 2023		2022-10-13	2023-01-20
b	254400. TREASURY BILL 04 MAY 2023		2022-12-15	2023-01-20
c	415. CENTENE CORP DEL COMMON STOCK		2022-07-15	2023-02-24
d	210600. TREASURY BILL 05 OCT 2023		2022-10-13	2023-02-24
e	144500. TREASURY BILL 30 NOV 2023		2022-12-15	2023-02-24
	390200. US TREASURY N/B .375% 31 DEC 2025		2022-12-06	2023-03-15
	366400. US TREASURY N/B .125% 15 DEC 2023		2022-12-06	2023-03-29
	85. CINTAS CORPORATION COMMON STOCK		2022-07-28	2023-04-18
	610. RAYMOND JAMES FINANCIAL INC COMMON STOCK		2022-08-17	2023-04-18
	274100. TREASURY BILL 30 NOV 2023		2022-12-15	2023-04-18
	605. NEXTERA ENERGY INC		2023-01-20	2023-08-09
	260. RTX CORP		2023-02-24	2023-08-09
	420. SPDR GOLD SHARES		2023-01-20	2023-08-09
	554. ALTRIA GROUP INC		2023-02-24	2023-10-13
	744. BANK AMERICA CORP COMMON STOCK		2023-02-24	2023-10-13
	1000. CORTEVA INC		2020-06-10	2023-10-13
	110. CUMMINS ENGINE COMPANY INC COMMON STOCK		2023-03-29	2023-10-13
	220. EXXON MOBIL CORPCOMMON STOCK		2023-04-18	2023-10-13
	1035. GLOBAL X US INFRASTRUCTURE		2023-02-28	2023-10-13
	390. ISHARES TR S&P SMALLCAP 600 INDEX FUND		2023-08-09	2023-10-13
	469. MASCO CORP COMMON STOCK		2023-02-24	2023-10-13
	340. MERCK & CO. INC.		2022-07-20	2023-10-13
	264. MORGAN STANLEY DEAN WITTER DISCV COMMON STOCK NEW		2023-02-24	2023-10-13
	391. NESTLE S A SPONSORED ADR REPST REG SHARES		2023-01-20	2023-10-13
	495. PHILIP MORRIS INTERNATIONAL		2023-01-20	2023-10-13
	440. PRICE T ROWE GROUP INC COMMON STOCK		2023-01-20	2023-10-13
	210. PROLOGIS INC COM REIT		2023-04-18	2023-10-13
	525. SPDR S&P GL NAT RESOURCES		2023-02-28	2023-10-13
	149. TEXAS INSTRUMENTS INC COMMON STOCK		2023-02-24	2023-10-13
	65. UNITED RENTALS INC COMMON STOCK		2023-04-18	2023-10-13
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	47,898	47,898
b	250,103	250,103
c	29,340	37,196	-7,856
d	201,745	201,745
e	138,304	138,304
	354,320	353,089	1,231
	354,964	354,786	178
	39,148	35,723	3,425
	58,932	67,516	-8,584
	261,851	261,851
	41,546	49,288	-7,742
	22,657	25,693	-3,036
	74,684	75,469	-785
	23,490	26,143	-2,653
	20,149	25,399	-5,250
	49,251	29,458	19,793
	24,888	25,425	-537
	23,877	25,671	-1,794
	31,041	30,492	549
	35,662	39,947	-4,285
	23,987	24,523	-536
	35,042	30,397	4,645
	20,637	25,806	-5,169
	44,347	47,699	-3,352
	45,462	50,286	-4,824
	44,719	51,533	-6,814
	22,897	25,933	-3,036
	28,979	30,343	-1,364
	22,922	25,246	-2,324
	28,395	25,126	3,269
			6
			6
			6
			6
			6
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			6
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			6
			6
			6
			6
			6
			6

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			-7,856
d
e
			1,231
			178
			3,425
			-8,584

			-7,742
			-3,036
			-785
			-2,653
			-5,250
			19,793
			-537
			-1,794
			549
			-4,285
			-536
			4,645
			-5,169
			-3,352
			-4,824
			-6,814
			-3,036
			-1,364
			-2,324
			3,269

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-36,845
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	511
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	511
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	511
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	4,076
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	4,076
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	3,565
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax0	Refunded	11	3,565

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

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

on foundation managers. right arrow

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.

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

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

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

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

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

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

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

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

Yes

Website address right arrow

The books are in care of right arrow

BMO BANK NA, C/O MICHELLE WILLMS Telephone no. right arrow

(262) 693-4101

Located at right arrow

PO BOX 95672CHICAGOIL ZIP+4 right arrow

606945672

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

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

16 At any time during calendar year 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)

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

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

Yes

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

that were not corrected before the first day of the tax year beginning in 2023? .............

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

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

At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2023?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 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.) .....................

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

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

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..

Form 990-PF (2023)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
BMO BANK N A	TRUSTEE 1	32,395
PO Box 95672 CHICAGO,IL606945672	TRUSTEE 1	32,395
EVANS MULLINIX PA	TRUST ADVISOR 1	2,000
7225 RENNER ROAD SUITE 200 SHAWNEE,KS66217	TRUST ADVISOR 1	2,000

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...................				0

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


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 (2023)

Page 8

Part IX

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

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

purposes:

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

2,411,181

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

215,701

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

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

2,626,882

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

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

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

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

2,626,882

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

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

39,403

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

2,587,479

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

129,374

Part X

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

and do not complete this part.)

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

129,374

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

511

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

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

511

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

128,863

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

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

128,863

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

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

128,863

Part XI

Qualifying Distributions (see instructions)

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

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

128,197

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

128,197

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					128,863
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				110,347
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	0
b From 2019......	0
c From 2020......	0
d From 2021......	0
e From 2022......	0
f Total of lines 3a through e ........		0
4Qualifying distributions for 2023 from Part
XI, line 4: $ 128,197
a Applied to 2022, but not more than line 2a				110,347
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....					17,850
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2023.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					111,013
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2019....	0
b Excess from 2020....	0
c Excess from 2021....	0
d Excess from 2022....	0
e Excess from 2023....	0

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 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2023	(b) 2022	(c) 2021	(d) 2020	(e) Total

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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

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

DONALD EDINGER
800 W 47TH STREET SUITE 204
KANSAS CITY,MO64112
(816) 448-6843
donald.edinger@bmo.com

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

ANY FORMAT

cAny submission deadlines:

NONE

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

AWARDS EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
KANSAS UNIVERSITY ENDOWMENT ASSN ATTN WHITNEY ESCALANTE PO BOX 928 LAWRENCE,KS66044	NONE	PC	PROGRAM SUPPORT	90,000
KANSAS STATE UNIVERSITY FOUNDATION ATTN EMILY DIXON 1800 KIMBALL AVESTE 200 MANHATTAN,KS66502	NONE	PC	PROGRAM SUPPORT	10,000
CROSSLINE COMMUNITY OUTREACH 736 SHAWNEE AVE KANSAS CITY,KS66105	NONE	PC	PROGRAM SUPPORT	1,000
FORT HAYS FOUNDATION ATTN JON ARMSTRONG PO BOX 1060 HAYS,KS67601	NONE	PC	PROGRAM SUPPORT	10,000
Total ................................. 3a				111,000

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	54,506
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	-36,845
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aOTHER INCOME			18	247
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				17,908

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

17,908

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2023)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

SMITH VIRGINIA FAM CHAR TRUST

EIN:

46-7161580

Name of Stock	End of Year Book Value	End of Year Fair Market Value
001084102 AGCO CORP
00130H105 AES CORP
00971T101 AKAMAI TECHNOLOGIES
015351109 ALEXION PHARMACEUTIC
020002101 ALLSTATE CORP
02079K107 ALPHABET INC-CL C
023135106 AMAZON.COM INC
025816109 AMERICAN EXPRESS CO
037833100 APPLE INC	26,679	53,908
038222105 APPLIED MATERIALS IN
053332102 AUTOZONE INC
060505104 BANK OF AMERICA CORP
071813109 BAXTER INTERNATIONAL
127097103 CABOT OIL & GAS CORP
127387108 CADENCE DESIGN SYS I
14040H105 CAPITAL ONE FINANCIA
149123101 CATERPILLAR INC
166764100 CHEVRON CORP	38,426	35,053
172967424 CITIGROUP INC
174610105 CITIZENS FINANCIAL G
20030N101 COMCAST CORP-CLASS A	25,693	29,380
20825C104 CONOCOPHILLIPS
254709108 DISCOVER FINANCIAL S
25470F104 DISCOVERY INC - A
256677105 DOLLAR GENERAL CORP
30212P303 EXPEDIA GROUP INC
30303M102 META PLATFORMS INC-C
34959E109 FORTINET INC	33,953	35,118
384802104 WW GRAINGER INC	47,393	53,865
427866108 HERSHEY CO/THE
431475102 HILL-ROM HOLDINGS IN
436440101 HOLOGIC INC
443510607 HUBBELL INC
458140100 INTEL CORP
466313103 JABIL INC
518439104 ESTEE LAUDER COMPANI
532457108 ELI LILLY & CO	5,837	40,804
548661107 LOWE'S COS INC	51,170	57,418
56585A102 MARATHON PETROLEUM C	25,733	29,672
57772K101 MAXIM INTEGRATED PRO
58933Y105 MERCK & CO. INC.	21,904	26,710
594918104 MICROSOFT CORP	8,608	62,047
617446448 MORGAN STANLEY
629377508 NRG ENERGY INC
654106103 NIKE INC -CL B
68389X105 ORACLE CORP
688239201 OSHKOSH CORP
717081103 PFIZER INC
737446104 POST HOLDINGS INC
742718109 PROCTER & GAMBLE CO/
754730109 RAYMOND JAMES FINANC
758750103 REGAL BELOIT CORP
759351604 REINSURANCE GROUP OF
844741108 SOUTHWEST AIRLINES C
871829107 SYSCO CORP
87612E106 TARGET CORP
89417E109 TRAVELERS COS INC/TH
911363109 UNITED RENTALS INC
92826C839 VISA INC-CLASS A SHA
931142103 WALMART INC	48,115	50,763
989207105 ZEBRA TECHNOLOGIES C
G50871105 JAZZ PHARMACEUTICALS
052769106 AUTODESK INC
09260D107 BLACKSTONE INC
15135B101 CENTENE CORP
22052L104 CORTEVA INC
22160N109 COSTAR GROUP INC
235851102 DANAHER CORP
277432100 EASTMAN CHEMICAL CO
285512109 ELECTRONIC ARTS INC
37940X102 GLOBAL PAYMENTS INC
512807108 LAM RESEARCH CORP
571748102 MARSH & MCLENNAN COS
79466L302 SALESFORCE INC
81762P102 SERVICENOW INC
874054109 TAKE-TWO INTERACTIVE
887389104 TIMKEN CO
G8994E103 TRANE TECHNOLOGIES P
302130109 EXPEDITORS INTL WASH
872590104 T-MOBILE US INC
172908105 CINTAS CORP	46,230	66,293
02079K305 ALPHABET INC-CL A	49,553	50,288
084670702 BERKSHIRE HATHAWAY I	75,779	79,892
169656105 CHIPOTLE MEXICAN GRI	51,566	68,609
17275R102 CISCO SYSTEMS INC	24,862	25,967
24703L202 DELL TECHNOLOGIES -C	25,564	47,048
254687106 WALT DISNEY CO/THE	25,777	23,024
31428X106 FEDEX CORP	25,206	27,827
45866F104 INTERCONTINENTAL EXC	38,002	44,308
46625H100 JPMORGAN CHASE & CO	26,044	31,469
580135101 MCDONALD'S CORP	54,220	60,785
641069406 NESTLE SA-SPONS ADR	27,326	25,901
67066G104 NVIDIA CORP	46,414	49,522
713448108 PEPSICO INC	50,914	54,349
74762E102 QUANTA SERVICES INC	49,818	61,503
773903109 ROCKWELL AUTOMATION	25,488	27,943
806857108 SCHLUMBERGER LTD	25,558	25,500
883556102 THERMO FISHER SCIENT	26,465	23,886
G0403H108 AON PLC-CLASS A	39,040	34,922
G29183103 EATON CORP PLC	49,454	56,593

- TIN:

TY 2023 OtherAssetsSchedule

Name:

SMITH VIRGINIA FAM CHAR TRUST

EIN:

46-7161580

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
XXX-XX-XXXX ABERDEEN EMER MKTS-I		0	0
00770G847 JOHCM INTERNATIONAL		0	0
09260B382 BLACKROCK STRAT INC		0	0
09658L869 BMO CORPORATE INCOME		0	0
XXX-XX-XXXX DOUBLELINE CORE FIX		0	0
XXX-XX-XXXX ESSEX PROPERTY TRUST		0	0
31420B300 FED HER OPP HIGH YIE		0	0
31428Q747 FED HERM ULTRA SHRT		0	0
XXX-XX-XXXX OAKMARK INTL SM CAP-		0	0
41664T610 HARTFORD FLOATING RA		0	0
XXX-XX-XXXX ISHARES RUSSELL 2000		0	0
XXX-XX-XXXX ISHARES US REAL ESTA		0	0
XXX-XX-XXXX ISHARES 3-7 YEAR TRE		0	0
XXX-XX-XXXX ISHARES MSCI EAFE GR		0	0
XXX-XX-XXXX VANGUARD SHORT-TERM		0	0
XXX-XX-XXXX VANGUARD I/T INVEST		0	0
XXX-XX-XXXX VANGUARD S/T INVEST		0	0
XXX-XX-XXXX VANGUARD EXT MKT IND		0	0
XXX-XX-XXXX CALVERT BOND FUND-I		0	0
46284V101 IRON MOUNTAIN INC	29,683	29,683	83,976
XXX-XX-XXXX ISHARES JP MORGAN US		0	0
72202E682 PIMCO PREFER & CAPIT		0	0
78463V107 SPDR GOLD SHARES-HKD		0	0
78464A359 SPDR BLOOMBERG CONVE		0	0
XXX-XX-XXXX VANGUARD INFL PROCT		150,620	145,502
46138G508 INVESCO SENIOR LOAN		0	0
91282CBA8 US TREASURY N/B .125	349,840	0	0
91282CBC4 US TREASURY N/B .375	349,686	0	0
91282CCX7 US TREASURY N/B .375	351,171	351,171	366,070
9128283W8 US TREASURY N/B 2.75		98,476	97,884
9128286A3 US TREASURY N/B 2.62		98,601	98,793
91282CGD7 US TREASURY N/B 4.25		275,720	273,532
XXX-XX-XXXX VANGUARD SMALL-CAP G		45,640	48,354
037833BG4 APPLE INC 3.2% 13 MA		48,515	48,982
91282CEX5 US TREASURY N/B 3% 3		122,720	123,691

- TIN:

TY 2023 OtherExpensesSchedule

Name:

SMITH VIRGINIA FAM CHAR TRUST

EIN:

46-7161580

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER EXPENSES	87	87		0

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

SMITH VIRGINIA FAM CHAR TRUST

EIN:

46-7161580

Description	Amount
COST BASIS ADJUSTMENT	6,846

- TIN:

TY 2023 TaxesSchedule

Name:

SMITH VIRGINIA FAM CHAR TRUST

EIN:

46-7161580

Category	Amount	Net Investment Income
FOREIGN TAXES	713	713
FEDERAL TAX PAYMENT - PRIOR YE	4,073	0
FEDERAL ESTIMATES - PRINCIPAL	4,076	0