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
The Eppes - Jefferson Foundation Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

26-2751096
B Telephone number (see instructions)

(800) 839-1754
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$9,629,989J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 31,129 31,129  
4 Dividends and interest from securities... 205,813 205,813  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 40,519
b Gross sales price for all assets on line 6a 2,296,345
7 Capital gain net income (from Part IV, line 2)... 40,519
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
45 44  
12 Total. Add lines 1 through 11........ 277,506 277,505  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 111,004     111,005
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 29,646     29,646
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
23,142 22,416   726
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
5,400      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,021     6,021
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
13,711     13,711
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 188,924 22,416   161,109
25 Contributions, gifts, grants paid....... 273,500 273,500
26 Total expenses and disbursements. Add lines 24 and 25 462,424 22,416   434,609
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -184,918
b Net investment income (if negative, enter -0-) 255,089
c Adjusted net income (if negative, enter -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.............      
2 Savings and temporary cash investments......... 823,372 516,406 516,406
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) 209,605 Click to see attachment
List of Attached Documents:
// Content
99,441 		97,551
b Investments—corporate stock (attach schedule)....... 4,819,231 Click to see attachment
List of Attached Documents:
// Content
4,326,375 		5,937,779
c Investments—corporate bonds (attach schedule)....... 2,422,203 Click to see attachment
List of Attached Documents:
// Content
3,148,389 		3,078,253
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)..........      
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) 8,274,411 8,090,611 9,629,989
Liabilities 17 Accounts payable and accrued expenses.......... 2,344 3,462
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)......... 2,344 3,462
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 8,272,067 8,087,149
29 Total net assets or fund balances (see instructions)..... 8,272,067 8,087,149
30 Total liabilities and net assets/fund balances (see instructions). 8,274,411 8,090,611
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
8,272,067
2
Enter amount from Part I, line 27a .....................
2
-184,918
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
8,087,149
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
8,087,149
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 Publicly-traded Securities      
b
c
d
e
(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 2,296,345   2,255,826 40,519
b
c
d
e
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       40,519
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 40,519
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 3,546
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 3,546
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 3,546
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 3,721
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 3,721
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 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 10 175
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow175 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 arrowDE, NH
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 arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
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)
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 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
 
 
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
David A Ward Pres, Dir, Sec, Treas
20.0 		55,502 11,604 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Sharon A Ward Dir
20.0 		55,502 9,135 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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 (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
 
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)
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
8,597,243
b
Average of monthly cash balances.......................
1b
658,913
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
9,256,156
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
9,256,156
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
138,842
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
9,117,314
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
455,866
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
455,866
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
3,546
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,546
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
452,320
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
452,320
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
452,320
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
434,609
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
434,609
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 7 452,320
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 404,672
b Total for prior years:2021, 2020, 2019  
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$ 434,609
a Applied to 2022, but not more than line 2a 404,672
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..... 29,937
e Remaining amount distributed out of corpus 0
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 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 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 .......... 		422,383
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 ...... 		0
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.... 0
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).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
The Eppes-Jefferson Foundation Inc
Post Office Box 413
Kingston,NH038480413
(603) 762-2112
INFO@E-JFOUNDATION.COM
bThe form in which applications should be submitted and information and materials they should include:
LETTER SETTING FORTH DETAILS OF GRANT REQUEST INCLUDING PROPOSED USE OF FUNDS AND ANTICIPATED IMPACT OF FUNDING. INCLUDE PROOF OF NON-PROFIT STATUS. BACKGROUND INFORMATION ABOUT THE APPLICANT ORGANIZATION IS REQUIRED.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
WITHOUT LIMITING FOUNDATION DISCRETION, CONSIDERATION IS MOST OFTEN GIVEN TO SUPPORT FOR THE ARTS, EDUCATION, AND HISTORICAL PRESERVATION.
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

ALABAMA SYMPHONIC ASSOCIATION INC

3621 6TH AVE S
BIRMINGHAM,AL35222 		N/A PC Music experiences/education for Coosa County students per ASO 10,000

AMERICAN INDEPENDENCE CENTER

1 GOVERNORS LN
EXTER,NH03833 		N/A PC Folsom Tavern roof replacement, gutter installation and other building repairs or maintenance 30,000

ANDYS SUMMER PLAYHOUSE INC

PO BOX 601 582 ISAAC FRYE HWY
WILTON,NH03086 		N/A PC Meetinghouse Tragedy production 15,000

ARTS ALIVE INC

15 EAGLE CT
KEENE,NH03431 		N/A PC part-time employee fund 2,000

ASHUELOT CONCERTS

93 TERRACE ST
KEENE,NH03431 		N/A PC School Performances 25,000

AUSTIN17HOUSE

263 RTE 125
BRENTWOOD,NH03833 		N/A PC To bring on and maintain paid staff 10,000

CITY OF GOODWATER

PO BOX 45
GOODWATER,AL35072 		N/A GOV to purchase a new ambulance for the Goodwater Fire Department 15,000

CONTINUUM ARTS COLLECTIVE

76 LOWER MAIN ST
NORTH BERWICK,ME03906 		N/A PC consultation and tactical support by Robert Levey of Exponential Squared 5,000

COOSA COUNTY BOARD OF EDUCATION

PO BOX 37
ROCKFORD,AL35136 		N/A GOV for a Part-Time Drama Teacher and Theater Supplies at Central High School 25,000

EDGE ENSEMBLE THEATRE COMPANY

310 MARLBORO ST STE 112
KEENE,NH03431 		N/A PC For Rent and/or Security Deposit for the 875 Square Foot Lobby 10,500

EDGE ENSEMBLE THEATRE COMPANY

310 MARLBORO ST STE 112
KEENE,NH03431 		N/A PC for Rent and/or Leasehold Improvements 12,000

EPSILON SPIRES INC

190 MAIN ST
BRATTLEBORO,VT05301 		N/A PC General & Unrestricted 5,000

HISTORICAL SOCIETY OF CHESHIRE CTY

246 MAIN ST
KEENE,NH03431 		N/A PC The Old Homestead Project 10,000

IBMA FOUNDATION INC

1183 UNIVERSITY DR STE 105 PMB 215
BURLINGTON,NC27215 		N/A PC To develop and implement "Emcee Masterclass" Webinar and Video 5,000

MANCHESTER PERFORMING ARTS ASSOCIATION

PO BOX 6251
MANCHESTER,NH03108 		N/A PC General & Unrestricted 1,000

NEW HAMPSHIRE DANCE INSTITUTE

PO BOX 1116
KEENE,NH03431 		N/A PC for a dedicated Development Director for the Fiscal Year 2023/2024 15,000

NEW HAMPSHIRE FIDDLE ENSEMBLE INC

ELLEN A CARLSON 22 CASE RD P O BO
NOTTINGHAM,NH03290 		N/A PC for Salary and On-Boarding Expenses for Administrative staff 10,000

NEW HAMPSHIRE THEATRE PROJECT

959 ISLINGTON ST
PORTSMOUTH,NH03801 		N/A PC Dreaming Again Project 12,000

PETERBOROUGH PLAYERS INC

PO BOX 118
PETERBOROUGH,NH03458 		N/A PC General & Unrestricted 10,000

PFLAG NH

PO BOX 957
CONCORD,NH03302 		N/A PC General & Unrestricted 5,000

PLAYERS RING COMPANY

105 MARCY ST
PORTSMOUTH,NH03801 		N/A PC General & Unrestricted 10,000

SEACOAST OUTRIGHT

PO BOX 842
PORTSMOUTH,NH03802 		N/A PC Summer Week-long Day Camp for LGBTQ Youth Focused on the Arts 5,000

SOUTHEAST LAND TRUST OF NEW HAMPSHIRE

247 N RIVER RD
EPPING,NH03042 		N/A PC ATLAS Program 7,500

TALLACOOSA AID TO PEOPLE INC

807 CHEROKEE RD
ALEXANDER CITY,AL35010 		N/A PC for the residents of Coosa Country, Alabama 3,500

THE PARK THEATRE INC

PO BOX 278
JAFFREY,NH03452 		N/A PC Charitable Event 5,000

THIRD SECTOR NEW ENGLAND INC

89 S ST STE 700
BOSTON,MA02111 		N/A PC Charitable Event 10,000
Total .................................right arrow 3a 273,500
bApproved for future payment
Total ................................. right arrow 3b  
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 ........... 		    14 31,129  
4 Dividends and interest from securities ....     14 205,813  
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 40,519  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION LAWSUIT PROCEEDS 		    01 44  
bCREDIT CARD INTEREST     01 1  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   277,506  
13Total. Add line 12, columns (b), (d), and (e)..................
13
277,506
(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:
The Eppes - Jefferson Foundation Inc
EIN:
26-2751096
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 2023 InvestmentsCorpBondsSchedule
Name:
The Eppes - Jefferson Foundation Inc
EIN:
26-2751096
Name of Bond End of Year Book Value End of Year Fair Market Value
3M - 2.250% - 09/19/2026 100,779 93,553
AMAZON - 4.700% - 12/01/1932 98,719 102,754
BANK OF NY MELLON - 3.000% - 0 99,311 97,823
BURLINGTON NORTH SF - 3.750% - 24,922 24,878
CLOROX CO DEL NOTE - 4.600% - 98,837 99,847
COCA COLA CO - 1.450% - 06/01/ 100,827 91,427
EATON CORP - 4.350% - 05/18/20 99,337 100,257
ECOLAB INC NOTE - 4.800% - 03/ 99,198 102,743
EMERSON ELEC CO - 1.800% - 10/ 100,614 91,345
GE CAP CORP - 3.600% - 08/15/2 9,845 8,707
GILEAD SCIENCES - 5.250% - 10/ 49,861 52,023
INTUIT CO - 1.350% - 07/15/202 100,150 90,128
JOHN DEERE - 1.300% - 10/13/20 99,315 92,013
JP MORGAN CHASE - 1.200% - 06/ 99,859 90,597
LAM RESEARCH - 4.000% - 03/15/ 97,412 98,734
MANULIFE FINANCIAL CORP - 2.48 100,031 92,696
MCDONALDS CORP - 4.600% - 09/0 49,829 50,550
MCKESSON CORP - 3.796% - 03/15 24,825 24,906
METLIFE INC - 3.000% - 03/01/2 100,036 97,805
NEXTERA ENERGY - 3.550% - 05/0 99,456 96,349
OCCIDENTAL PETE CORP DEL - 3.5 200,667 194,280
PEPSICO INC - 3.600% - 03/01/2 50,257 49,843
PFIZER INVT - 4.650% - 05/19/2 50,098 50,414
PUBLIC STORAGE - 5.125% - 01/1 99,339 103,185
S&P GLOBAL INC - 4.250% - 05/0 97,736 99,604
SIMON PROPERTY GROUP - 3.300% 99,394 96,901
STRYKER CORP - 3.650% - 03/07/ 99,322 96,790
UNION PACIFIC CORP - 3.250% - 100,254 97,764
UNITED PARCEL SVCS INC NOTE - 98,993 103,993
UNITEDHEALTH GROUP INC - 1.250 100,974 93,669
US BANCORP - 3.900% - 04/26/20 97,880 96,654
VERIZON COMMUNICATIONS - 3.500 200,511 196,967
WASTE MGMT INC - 4.625% - 02/1 100,194 101,261
WELLS FARGO - 3.000% - 02/19/2 99,607 97,793

TY 2023 InvestmentsCorpStockSchedule
Name:
The Eppes - Jefferson Foundation Inc
EIN:
26-2751096
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS 13,917 31,920
ACCENTURE PLC 41,414 45,267
ADOBE SYSTEMS, INC 17,405 42,955
AIR PRODS & CHEM INC 23,904 29,844
AKAMAI TECH COM STK 25,189 26,037
ALPHABET INC CL A 12,978 67,051
AMAZON COM 54,297 74,603
AMERICAN TOWER REIT INC 45,542 47,278
AMPHENOL CORPORATION 29,113 38,859
APPLE INC 23,304 87,409
ARISTA NETWORKS 20,149 28,026
BAKER HUGHES COMPANY 21,051 24,439
BANK OF AMERICA CORP 61,647 47,475
BANK OF AMERICA SER 5 PFD STK 42,570 43,100
BERKSHIRE HATHAWAY INC. CLASS 28,059 44,226
BOOKING HOLDINGS INC 15,388 24,831
CHEVRON CORP 28,302 38,782
CHUBB LIMITED 44,124 46,104
CISCO SYSTEMS INC 21,794 20,056
COMCAST CORP 57,567 44,069
COSTCO WHOLESALE CORPORATION 6,227 23,103
DANAHER CORP 24,864 39,559
DOLLAR TREE INC 25,290 24,717
EATON CORP PLC 19,727 29,380
EQUINIX, INC 24,626 25,772
EXXON MOBIL CORP 15,558 18,896
FEDEX CORPORATION 41,981 44,776
GE HEALTHCARE TECHNOLOGIES INC 19,831 19,485
HOME DEPOT INC 18,526 23,565
INTERCONTINENTAL EXCHANGE, INC 21,329 24,145
INTERNATIONAL BUSINESS MACHINE 23,535 24,042
ISHARE SP SMALL CAP 600 INDEX 104,378 153,932
ISHARES BARCLAYS US AGGREGATE 377,500 387,074
ISHARES IBOXX $ INVESTMENT GRA 137,760 121,726
ISHARES NASDAQ BIOTECHNOLOGY 20,591 21,193
ISHARES S&P 500 INDEX FD 1,204,448 2,198,530
ISHARES TR S & P MIDCAP 400 IN 207,307 294,888
JOHNSON & JOHNSON 41,214 45,298
JP MORGAN CHASE 39,401 73,823
KINDER MORGAN INC 22,427 21,697
L3HARRIS TECHNOLOGIES 42,365 47,390
LAM RESEARCH CORP 23,166 49,345
MASTERCARD INC 31,655 45,210
MATERIALS SELECT SECTOR SPDR 4,507 4,705
METLIFE INC FLOATING RATE NON- 24,999 23,050
MICROSOFT CORP 46,024 89,874
NEXTERA ENERGY, INC 37,405 32,921
NIKE INC-CL B 15,761 19,977
NOVO NORDISK A S 17,191 50,277
ON SEMICONDUCTOR 17,428 22,804
PACCAR INC 25,350 39,060
PALO ALTO NETWORKS INC 27,862 28,308
PEPSICO INC 30,409 36,685
PFIZER INC 47,431 30,345
PROCTER GAMBLE CO 36,644 40,592
SALESFORCE.COM 19,923 24,998
SELECT SECTOR SPDR UTILITIES 36,520 36,858
STARBUCKS CORP COM 35,784 28,899
UNILEVER PLC AMER 35,488 36,360
UNITEDHEALTH GROUP INC 20,711 21,585
US BANCORP PFD SER B - FLOAT % 40,934 40,620
VANGUARD FTSE DEVELOPED MARKET 371,501 409,544
VANGUARD FTSE EMERGING MARKETS 101,765 100,079
VERIZON COMMUNICATIONS 53,198 42,940
WAL-MART STORES INC 40,842 42,250
WALT DISNEY HOLDINGS CO 53,841 40,540
WASTE MANAGEMENT INC 28,789 47,999
ZIMMER BIOMET HOLDINGS 34,648 36,632

TY 2023 InvestmentsGovtObligationsSch
Name:
The Eppes - Jefferson Foundation Inc
EIN:
26-2751096
US Government Securities - End of Year Book Value:

99,441
US Government Securities - End of Year Fair Market Value:

97,551
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 OtherExpensesSchedule
Name:
The Eppes - Jefferson Foundation Inc
EIN:
26-2751096
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 8,094     8,094
CREDIT CARD FEES 32     32
Indemnification Insurance 1,396     1,396
BUSINESS INSURANCE 1,485     1,485
Office Supplies 760     760
Payroll Processing Fees 613     613
Postage/Delivery Service 92     92
State or Local Filing Fees 219     219
COMPUTER SOFTWARE 205     205
FOUNDATION DUES & MEMBERSHIPS 815     815


TY 2023 OtherIncomeSchedule2
Name:
The Eppes - Jefferson Foundation Inc
EIN:
26-2751096
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Class Action Lawsuit Proceeds 44 44  
CREDIT CARD INTEREST 1    


TY 2023 OtherProfessionalFeesSchedule
Name:
The Eppes - Jefferson Foundation Inc
EIN:
26-2751096
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 22,416 22,416    
WEBSITE DEVELOPMENT 726     726


TY 2023 TaxesSchedule
Name:
The Eppes - Jefferson Foundation Inc
EIN:
26-2751096
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2023 3,400      
990-PF Extension for 2022 2,000