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 04-01-2023 , and ending 03-31-2024
Name of foundation
TW M HULTQUIST FBO EO HULTQUIST INF
 
Number and street (or P.O. box number if mail is not delivered to street address)66 HUDSON BOULEVARD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10001
A Employer identification number

16-6108445
B Telephone number (see instructions)

(212) 525-0561
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$1,147,784J 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... 21,419 21,100  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 35,915
b Gross sales price for all assets on line 6a 308,940
7 Capital gain net income (from Part IV, line 2)... 35,915
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).......      
12 Total. Add lines 1 through 11........ 57,334 57,015  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 14,885 11,908   2,977
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)... Click to see attachment
List of Attached Documents:
// Content
75 75   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)....... Click to see attachment
List of Attached Documents:
// Content
125     125
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 15,085 11,983 0 3,102
25 Contributions, gifts, grants paid....... 49,421 49,421
26 Total expenses and disbursements. Add lines 24 and 25 64,506 11,983 0 52,523
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -7,172
b Net investment income (if negative, enter -0-) 45,032
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.............      
2 Savings and temporary cash investments......... 26,618 35,639 35,639
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
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)....... 471,033 Click to see attachment
List of Attached Documents:
// Content
455,837 		785,933
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 309,465 Click to see attachment
List of Attached Documents:
// Content
309,193 		326,212
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) 807,116 800,669 1,147,784
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
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........ 807,116 800,669
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)..... 807,116 800,669
30 Total liabilities and net assets/fund balances (see instructions). 807,116 800,669
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
807,116
2
Enter amount from Part I, line 27a .....................
2
-7,172
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
725
4
Add lines 1, 2, and 3 ..........................
4
800,669
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
800,669
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 8. ABBVIE INC   2022-06-28 2023-04-12
b 2. ADOBE SYS INC   2019-06-28 2023-04-12
c 6. AECOM   2021-04-06 2023-04-12
d 22. AECOM   2021-04-06 2023-10-03
e 65. AECOM     2023-10-04
13. ALPHABET INC-CL A   2019-04-04 2023-04-12
12. AMAZON COM INC   2019-06-28 2023-04-12
4. AMERICAN WATER WORKS CO INC   2023-01-10 2023-04-12
56. AMERICAN WATER WORKS CO INC   2023-01-10 2023-07-18
2. ELEVANCE HEALTH INC   2022-08-19 2023-04-12
14. APPLE COMPUTER INC   2006-12-13 2023-04-12
24. ARAMARK   2020-12-11 2023-04-12
190. ARAMARK     2023-07-18
145. ARAMARK     2023-08-14
16. BJ'S WHOLESALE CLUB HOLDINGS   2022-05-26 2023-04-12
213. BJ'S WHOLESALE CLUB HOLDINGS   2022-05-26 2023-07-18
4. BECTON DICKINSON & CO   2021-09-14 2023-04-12
15. BECTON DICKINSON & CO     2023-10-11
41. BECTON DICKINSON & CO     2024-01-04
1. BLACKROCK INC   2020-06-18 2023-04-12
10. BLACKROCK INC   2020-06-18 2024-02-15
5. BLACKSTONE INC   2019-06-28 2023-04-12
3. BROADCOM INC   2021-08-23 2023-04-12
7. BROADCOM INC     2024-01-04
4. BROADCOM INC   2019-06-28 2024-03-01
10. CVS CORP   2022-01-10 2023-04-12
136. CVS CORP   2022-01-10 2023-06-30
3. CHENIERE ENERGY INC   2022-08-29 2023-04-12
4. CHEVRONTEXACO CORP   2021-06-02 2023-04-12
1. CHIPOTLE MEXICAN GRILL INC   2020-06-18 2023-04-12
13. CISCO SYS INC   2022-11-22 2023-04-12
179. CISCO SYS INC   2022-11-22 2023-12-15
24. CONAGRA INC   2022-09-29 2023-04-12
328. CONAGRA INC   2022-09-29 2023-10-11
5. CONOCOPHILLIPS   2022-01-07 2023-04-12
7. CONSOLIDATED EDISON INC   2023-01-10 2023-04-12
90. CONSOLIDATED EDISON INC   2023-01-10 2023-07-18
5. CRANE CO   2021-05-14 2023-04-12
61. CRANE CO   2021-05-14 2023-04-24
5. CRANE NXT CO   2021-05-14 2023-04-12
61. CRANE NXT CO     2023-06-30
4. DANAHER CORP   2019-06-28 2023-04-12
57. DANAHER CORP   2019-06-28 2024-01-04
4. DISNEY WALT CO   2022-04-20 2023-04-12
51. DISNEY WALT CO     2023-12-15
2. EQUINIX INC   2022-11-22 2023-04-12
4. HOME DEPOT INC   2013-06-07 2023-04-12
5. IQVIA HOLDINGS INC   2019-06-28 2023-04-12
61. IQVIA HOLDINGS INC   2019-06-28 2024-01-17
5. J P MORGAN CHASE & CO     2023-04-12
8. MICROSOFT CORP   2022-02-08 2023-04-12
11. MORGAN STANLEY DEAN WITTER DISCOVER   2021-07-20 2023-04-12
8. MOSAIC CO/THE   2022-09-26 2023-04-12
110. MOSAIC CO/THE   2022-09-26 2023-07-18
2. NVIDIA CORP   2019-04-04 2023-04-12
8. PACCAR INC   2022-02-01 2023-04-12
6. PALO ALTO NETWORKS INC   2021-11-15 2023-04-12
22. PALO ALTO NETWORKS INC   2021-11-15 2024-03-01
7. QUALCOMM INC   2022-07-13 2023-04-12
52. QUALCOMM INC     2023-08-14
35. QUALCOMM INC   2022-07-13 2023-08-14
5. QUANTA SVCS INC   2021-09-14 2023-04-12
8. RLI CORP   2022-05-26 2023-04-12
14. RLI CORP   2022-05-26 2024-02-15
63. RLI CORP   2022-05-26 2024-02-16
22. RLI CORP   2022-05-26 2024-02-20
4. ROSS STORES INC   2022-11-22 2023-04-12
53. ROSS STORES INC   2022-11-22 2023-06-06
3. SALESFORCE INC   2013-06-07 2023-04-12
12. SCHLUMBERGER LTD   2021-01-05 2023-04-12
151. SCHLUMBERGER LTD   2021-01-05 2024-01-10
9. SCHWAB CHARLES CORP NEW   2022-01-03 2023-04-12
130. SCHWAB CHARLES CORP NEW     2023-05-09
13. SERVICE CORP. INTL   2022-06-03 2023-04-12
106. SERVICE CORP. INTL     2023-06-30
74. SERVICE CORP. INTL   2022-06-03 2023-06-30
6. TJX COS INC NEW   2022-11-22 2023-04-12
4. T-MOBILE US INC   2022-11-22 2023-04-12
57. T-MOBILE US INC   2022-11-22 2023-10-03
2. THERMO FISHER SCIENTIFIC INC   2019-06-28 2023-04-12
44. TRACTOR SUPPLY COMPANY   2023-06-30 2024-03-20
2. UNITED RENTALS INC   2019-06-28 2023-04-12
2. UNITEDHEALTH GROUP INC   2019-06-28 2023-04-12
7. UNITEDHEALTH GROUP INC   2019-06-28 2024-01-22
16. UNITEDHEALTH GROUP INC   2019-06-28 2024-03-01
6. VALERO REFNG & MARKETING CO   2022-08-19 2023-04-12
19. VERALTO CORP   2019-06-28 2023-10-04
8. WALMART STORES INC   2021-08-17 2023-04-12
13. WELLS FARGO & CO NEW     2023-04-12
7. ZIMMER HOLDINGS INC   2021-08-17 2023-04-12
98. ZIMMER HOLDINGS INC     2024-01-04
3. LINDE PLC   2019-04-09 2023-04-12
5. CHUBB LTD   2022-02-10 2023-04-12
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,302   1,239 63
b 747   586 161
c 494   400 94
d 1,751   1,466 285
e 5,206   4,305 901
1,372   791 581
1,192   1,142 50
608   642 -34
7,957   8,985 -1,028
991   1,007 -16
2,262   44 2,218
852   913 -61
8,126   7,119 1,007
5,535   4,923 612
1,208   924 284
13,431   12,297 1,134
1,017   1,020 -3
3,889   3,730 159
9,887   9,638 249
675   555 120
7,979   5,554 2,425
419   221 198
1,868   1,441 427
7,421   3,169 4,252
5,624   1,149 4,475
753   1,042 -289
9,397   14,173 -4,776
460   499 -39
681   433 248
1,716   1,035 681
655   628 27
8,898   8,648 250
904   801 103
8,961   10,943 -1,982
541   400 141
693   686 7
8,233   8,815 -582
400   317 83
4,517   3,870 647
230   170 60
3,454   2,071 1,383
1,007   567 440
13,216   7,137 6,079
398   500 -102
4,774   5,968 -1,194
1,435   1,304 131
1,174   313 861
1,003   782 221
12,811   9,540 3,271
645   338 307
2,294   2,434 -140
944   1,021 -77
376   380 -4
4,109   5,224 -1,115
538   94 444
578   507 71
1,177   1,039 138
6,597   3,808 2,789
852   950 -98
5,916   6,504 -588
3,982   4,748 -766
828   580 248
1,080   955 125
1,999   1,671 328
8,952   7,520 1,432
3,122   2,626 496
419   459 -40
5,456   6,083 -627
575   118 457
623   278 345
7,272   3,496 3,776
471   770 -299
6,238   10,355 -4,117
929   924 5
6,858   7,254 -396
4,788   5,262 -474
466   476 -10
600   604 -4
7,785   8,603 -818
1,165   580 585
11,218   9,729 1,489
760   269 491
1,049   482 567
3,582   1,685 1,897
7,790   3,853 3,937
814   711 103
1,460   942 518
1,203   1,215 -12
511   515 -4
930   1,008 -78
11,783   11,448 335
1,085   551 534
997   1,054 -57
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       63
b       161
c       94
d       285
e       901
      581
      50
      -34
      -1,028
      -16
      2,218
      -61
      1,007
      612
      284
      1,134
      -3
      159
      249
      120
      2,425
      198
      427
      4,252
      4,475
      -289
      -4,776
      -39
      248
      681
      27
      250
      103
      -1,982
      141
      7
      -582
      83
      647
      60
      1,383
      440
      6,079
      -102
      -1,194
      131
      861
      221
      3,271
      307
      -140
      -77
      -4
      -1,115
      444
      71
      138
      2,789
      -98
      -588
      -766
      248
      125
      328
      1,432
      496
      -40
      -627
      457
      345
      3,776
      -299
      -4,117
      5
      -396
      -474
      -10
      -4
      -818
      585
      1,489
      491
      567
      1,897
      3,937
      103
      518
      -12
      -4
      -78
      335
      534
      -57
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 35,915
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) 1 626
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........................... 3 626
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- ..... 5 626
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 141
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.............. 7 141
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.......right arrow 9 485
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 arrow0 Refundedright arrow 11 0
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 arrowNY
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 arrowHSBC BANK USA Telephone no.right arrow (212) 525-0561

Located atright arrow66 HUDSON BOULEVARDNEW YORKNY ZIP+4right arrow10001
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
HSBC BANK USA TRUSTEE
1 		14,885    
66 HUDSON BOULEVARD
NEW YORK,NY10001
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 arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right 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
990,581
b
Average of monthly cash balances.......................
1b
24,732
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,015,313
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
1,015,313
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
15,230
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,000,083
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
50,004
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
50,004
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
626
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
626
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
49,378
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
49,378
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
49,378
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
52,523
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
52,523
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 49,378
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
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...... 7,031
d From 2021...... 0
e From 2022...... 11,615
f Total of lines 3a through e ........ 18,646
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 52,523
a Applied to 2022, but not more than line 2a 0
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..... 49,378
e Remaining amount distributed out of corpus 3,145
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 21,791
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 .......... 		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) ....... 		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 ...... 		21,791
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 7,031
c Excess from 2021.... 0
d Excess from 2022.... 11,615
e Excess from 2023.... 3,145
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).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (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

LUTHERAN SOCIAL SERVICES
ATTN THOMAS HOLT
715 FALCONER ST
JAMESTOWN,NY14701 		NONE PC PROGRAM SUPPORT 49,421
Total .................................right arrow 3a 49,421
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 ........... 		         
4 Dividends and interest from securities ....     14 21,419  
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 35,915  
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) ..   57,334  
13Total. Add line 12, columns (b), (d), and (e)..................
13
57,334
(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

TY 2023 InvestmentsCorpStockSchedule
Name:
TW M HULTQUIST FBO EO HULTQUIST INF
EIN:
16-6108445
Name of Stock End of Year Book Value End of Year Fair Market Value
SEE ATTACHED STATEMENTS    
2824100 ABBOTT LABS    
00287Y109 ABBVIEINC 14,993 18,574
00724F101 ADOBE SYS INC 9,397 13,120
8073108 AEROVIRONMENT INC    
02079K305 ALPHABET INC CL A 10,099 26,111
23135106 AMAZON.COM INC 14,372 27,779
37833100 APPLE INC 571 31,209
03852U106 ARAMARK    
75887109 BECTON DICKINSON    
09247X101 BLACKROCK INC CLASS    
09260D107 BLACKSTONE GROUP INC 9,056 14,319
11135F101 BROADCOM INC 7,178 33,135
166764100 CHEVRON CORPORATION 5,310 7,729
169656105 CHIPOTLE MEXICAN GRI 3,106 8,720
12572Q105 CME GROUP INC.    
20030N101 COMCAST CORP-CL A    
21036P108 CONSTELLATION BRANDS    
235851102 DANAHER CORP    
254687106 DISNEY WALT CO NEW    
256677105 DOLLAR GENERAL CORP    
29444U700 EQUINIX INC REIT 9,954 16,507
30303M102 META PLATFORMS INC 6,050 12,140
337738108 FISERV INC 11,555 12,146
34959E109 FORTINET INC 9,833 11,271
368736104 GENERAC HOLDINGS    
437076102 HOME DEPOT INC 3,208 15,728
438516106 HONEYWELL INTERNATIO    
446413106 HUNTINGTON INGALLS I    
45866F104 INTERCONTINENTAL EXC    
459200101 INTL. BUSINESS MACHI    
46120E602 INTUITIVE SURGICAL I 14,124 15,165
46266C105 IQVIA HOLDINGS INC    
478160104 JOHNSON & JOHNSON    
46625H100 JP MORGAN CHASE & CO 4,739 17,226
518439104 LAUDER ESTEE COS CL-    
550021109 LULULEMON ATH-WI    
580135101 MCDONALDS CORP    
594918104 MICROSOFT CORP 5,525 43,755
617446448 MORGAN STANLEY 8,694 14,124
654106103 NIKE INC-CLASS B    
67066G104 NVIDIA CORP 7,642 35,239
688239201 OSHKOSH CORP    
70450Y103 PAYPAL HOLDINGS INC    
747525103 QUALCOMM INC    
79466L302 SALESFORCE.COM 1,568 12,063
806857108 SCHLUMBERGER LID    
844741108 SOUTHWEST AIRLINES C    
852234103 SQUARE INC CL A    
883556102 THERMO FISHER SCIENT 6,666 13,377
911363109 UNITED RENTALS INC 2,823 15,143
91324P102 UNITEDHEALTH GROUP I    
92826C839 VISA INC-CLASS A    
929160109 VULCAN MATLS CO    
931142103 WAL MART STORES INC 14,551 21,011
949746101 WELLS FARGO & CO 7,104 11,186
98138H101 WORKDAY INC CLASS A    
98956P102 ZIMMER BIOMET HOLDIN    
G4474Y214 JANUS HENDERSON GROU    
G5494J103 LINDE PLC 5,508 13,930
00766T100 AECOM    
03027X100 AMERICAN TOWER CORP    
808513105 CHARLES SCHWAB CORP    
20825C104 CONOCOPHILLIPS 4,634 7,382
224441105 CRANE CO    
126650100 CVS HEALTH CORPORATI 11,668 11,565
37045V100 GENERAL MOTORS CO    
693718108 PACCAR INC COM 10,384 18,460
697435105 PALO ALTO NETWORKS 10,415 17,616
74762E102 QUANTA SERVICES INCO 8,914 18,965
78486Q101 SVB FINANCIAL GROUP    
87612E106 TARGET CORP    
254687106 THE WALT DISNEY COMP    
H1467J104 CHUBB LIMITED 14,209 17,679
05550J101 BJ'S WHOLESALE CLUB    
17275R102 CISCO SYSTEMS INC    
205887102 CONAGRA BRANDS INC    
209115104 CONSOLIDATED EDISON    
036752103 ELEVANCE HEALTH INC 16,167 17,630
61945C103 MOSAIC CO/THE    
749607107 RLI CORP    
778296103 ROSS STORES INC    
817565104 SERVICE CORP INTERNA 11,716 17,535
872540109 TJX COS INC/THE 5,796 7,404
872590104 T-MOBILE US INC    
91913Y100 VALERO ENERGY CORP 8,967 12,972
16411R208 CHENIERE ENERGY INC 5,828 5,806
31162100 AMGEN INC 11,492 10,804
097023105 BOEING CO/THE 10,498 9,071
14040H105 CAPITAL ONE FINANCIA 12,447 13,996
22160K105 COSTO WHOLESALE CORP 13,345 17,583
532457108 ELI LILLY & CO 11,256 14,003
64110L106 NETFLIX INC 9,852 15,791
713448108 PEPSICO INC 15,007 14,983
744573106 PUBLIC SERVICE ENTER 12,614 13,490
745867101 PULTEGROUP INC 11,242 18,365
773903109 ROCKWELL AUTOMATION 14,536 12,819
902973304 US BANCORP 12,735 13,052
92532F100 VERTEX PHARMACEUTICA 10,762 10,450
G8994E103 TRANE TECHNOLOGIES P 7,727 7,805

TY 2023 InvestmentsOtherSchedule2
Name:
TW M HULTQUIST FBO EO HULTQUIST INF
EIN:
16-6108445
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SEE ATTACHED STATEMENTS      
464287226 ISHARES CORE TOTAL U AT COST 160,251 135,255
46435G672 ISHARES INTERNATIONA AT COST 51,151 46,154
464288281 ISHARES JP MORGAN US AT COST 8,650 7,622
78464A391 SPDR BBG BARCLAY EM AT COST 20,008 15,662
464287507 ISHARES CORE S&P MID AT COST 8,999 45,555
464287465 ISHARES MSCI EAFE ET AT COST 21,430 26,354
464287655 ISHARES RUSSELL 2000 AT COST 24,140 36,803
46435U853 ISHARES BROAD USD HI AT COST 14,564 12,807

TY 2023 OtherExpensesSchedule
Name:
TW M HULTQUIST FBO EO HULTQUIST INF
EIN:
16-6108445
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ATTORNEY GENERAL FILING FEE 125 0   125


TY 2023 OtherIncreasesSchedule
Name:
TW M HULTQUIST FBO EO HULTQUIST INF
EIN:
16-6108445
Description Amount
COST BASIS ADJUSTMENT 725


TY 2023 TaxesSchedule
Name:
TW M HULTQUIST FBO EO HULTQUIST INF
EIN:
16-6108445
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES ON QUALIFIED FOR 47 47   0
FOREIGN TAXES ON NONQUALIFIED 28 28   0