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
18220 Fund
 
% 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

84-3050877
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$3,482,352J 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 2,691 2,691  
4 Dividends and interest from securities... 123,357 123,357  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 138,862
b Gross sales price for all assets on line 6a 1,417,066
7 Capital gain net income (from Part IV, line 2)... 138,862
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 264,910 264,910  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
17,965 17,965    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,500      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
17,631     17,631
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 39,096 17,965   17,631
25 Contributions, gifts, grants paid....... 275,000 275,000
26 Total expenses and disbursements. Add lines 24 and 25 314,096 17,965   292,631
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -49,186
b Net investment income (if negative, enter -0-) 246,945
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......... 202,463 241,811 241,811
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,565,445 Click to see attachment
List of Attached Documents:
// Content
2,466,919 		2,720,607
c Investments—corporate bonds (attach schedule)....... 521,999 Click to see attachment
List of Attached Documents:
// Content
531,991 		519,934
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) 3,289,907 3,240,721 3,482,352
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 3,289,907 3,240,721
29 Total net assets or fund balances (see instructions)..... 3,289,907 3,240,721
30 Total liabilities and net assets/fund balances (see instructions). 3,289,907 3,240,721
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
3,289,907
2
Enter amount from Part I, line 27a .....................
2
-49,186
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,240,721
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
3,240,721
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 1,417,066   1,278,204 138,862
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       138,862
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 2 138,862
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 3,433
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 3,433
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 3,433
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 3,541
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 3,541
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 1
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 10 107
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow107 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
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)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
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
Sara E Werder Dir, Pres, Sec
10.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Richard I Werder Jr Dir, Treas
5.0 		0 0 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
3,227,850
b
Average of monthly cash balances.......................
1b
208,686
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
3,436,536
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
3,436,536
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
51,548
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
3,384,988
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
169,249
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
169,249
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
3,433
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,433
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
165,816
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
165,816
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
165,816
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
292,631
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
292,631
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 7 165,816
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
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...... 131,612
f Total of lines 3a through e ........ 131,612
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 292,631
a Applied to 2022, but not more than line 2a  
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..... 165,816
e Remaining amount distributed out of corpus 126,815
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 5 258,427
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		258,427
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022.... 131,612
e Excess from 2023.... 126,815
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).)
Richard I Werder Jr
Sara E Werder
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

COMMON CAUSE EDUCATION FUND

805 15TH ST NW STE 800
WASHINGTON,DC20005 		N/A PC General & Unrestricted 25,000

ENVIRONMENTAL DEFENSE FUND INCORPORATED

257 PARK AVE S 11TH FL
NEW YORK,NY10010 		N/A PC To support operations in Florida 25,000

ENVIRONMENTAL DEFENSE FUND INCORPORATED

257 PARK AVE S 11TH FL
NEW YORK,NY10010 		N/A PC General & Unrestricted 25,000

HARRY CHAPIN FOOD BANK OF SOUTHWEST FLORIDA INC

3760 FOWLER ST
FORT MYERS,FL33901 		N/A PC General & Unrestricted 25,000

IMMOKALEE FAIR HOUSING ALLIANCE

208 BOSTON AVE
IMMOKALEE,FL34142 		N/A PC General & Unrestricted 25,000

LAWYERS COMMITTEE FOR CIVIL RIGHTS UNDER LAW

1500 K ST NW STE 900
WASHINGTON,DC20005 		N/A PC General & Unrestricted 25,000

LEAGUE OF WOMEN VOTERS OF FLORIDA EDUCATION FUND I

1001 N ORANGE AVE
ORLANDO,FL32801 		N/A PC General & Unrestricted 100,000

NEW YORK LEGAL ASSISTANCE GROUP INCORPORATED

100 PEARL ST 19TH FLOOR
NEW YORK,NY10004 		N/A PC General & Unrestricted 25,000
Total .................................right arrow 3a 275,000
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 2,691  
4 Dividends and interest from securities ....     14 123,357  
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 ............ 		    18 138,862  
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) ..   264,910  
13Total. Add line 12, columns (b), (d), and (e)..................
13
264,910
(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:
18220 Fund
EIN:
84-3050877
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:
18220 Fund
EIN:
84-3050877
Name of Bond End of Year Book Value End of Year Fair Market Value
ARROW ELECTRONICS - 6.125% - 0 16,225 16,014
ATI INC NOTE - 5.875% - 12/01/ 15,837 15,462
BOYD GAMING - 4.750% - 12/01/2 15,201 14,430
CDW LLC / CDW FIN CORP - 4.125 17,713 16,640
CEDAR FAIR LP - 5.375% - 04/15 10,526 10,763
CELANESE US HLDGS LLC - 5.900% 16,012 15,954
CLEVELAND-CLIFFS INCNEW SER B 21,097 19,932
CREDIT ACCEP CORP MICH - 6.625 10,609 9,980
CROWN AMERS LLC SER B - 4.750% 15,584 14,858
ENCOMPASS HEAL TH - 5.750% - 0 15,512 14,906
ENPRO INDUSTRIES - 5.750% - 10 14,877 13,857
GOODYEAR TIRE & RUBR - 5.000% 15,415 14,700
GRIFFON CORP SER B NOTE - 5.75 14,793 13,756
HERBALIFE - 2.625% - 03/15/202 8,651 8,906
HILLENBRAND - 5.750% - 06/15/2 15,850 14,906
HILTON WORLDWIDE - 4.875% - 04 15,606 14,774
MGM RESORTS INTERNATIONAL - 6. 16,204 15,048
NEWELL BRANDS INC - 4.870% - 0 16,572 16,719
NORDSTROM INC NOTE - 2.300% - 10,559 10,850
NRG ENERGY - 6.625% - 01/15/20 5,225 5,010
NRG ENERGY INC SER B - 5.750% 15,981 14,944
OWENS & MINOR 4.375% 12/15/202 17,481 16,703
RADIAN GROUP INC NOTE - 4.500% 16,268 16,778
SALLY HLDGS LLC - 5.625% - 12/ 15,505 14,925
SBA COMMUNICATIONS CORP SER B 13,244 14,409
SIGNET JEWELERS - 4.700% - 06/ 10,756 10,794
SM ENERGY CO - 5.625% - 06/01/ 6,028 5,940
SPRINT CORP SR GLBL NT - 7.125 16,576 16,069
STARWOOD PROPERT - 4.750% - 03 11,478 11,840
TARGA RES PARTNERS / TARGA RES 16,501 16,211
TEGNA INC SER B NOTE - 4.625% 8,086 7,473
TELEFLEX INC - 4.625% - 11/15/ 16,033 16,601
TENET HEALTHCARE CORP SER B NO 16,572 16,812
TENNECO PACKAGING INC - 7.950% 14,646 14,142
TRANSDIGM INC - 7.500% - 03/15 16,026 16,068
TRAVEL + LEISURE CO - 5.100% - 16,184 16,015
TRINITY INDS INC - 4.550% - 10 16,558 16,745

TY 2023 InvestmentsCorpStockSchedule
Name:
18220 Fund
EIN:
84-3050877
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS 14,441 16,951
ABBVIE INC 2,454 4,339
ACCENTURE PLC 11,065 21,756
ADOBE SYSTEMS, INC 19,247 30,427
ADVANCED MICRO DEVICES INC 1,092 3,390
AES CORP 556 866
AFLAC INC 284 660
AGILENT TECHNOLOGIES INC 209 278
AIRBNB 20,174 17,970
AKAMAI TECH COM STK 286 473
ALEXANDRIA REAL ESTATE EQUITIE 195 254
ALIGN TECHNOLOGY, INC 3,228 4,658
ALLEGION PLC 189 253
ALLIANT CORP 233 257
ALPHABET INC CL A 5,023 9,778
ALPHABET INC CL C 18,417 41,433
ALTRIA GROUP INC 1,737 1,815
AMAZON COM 71,312 83,718
AMEREN CORPORATION 222 217
AMERICAN EXPRESS CO 745 1,499
AMERICAN TOWER REIT INC 955 1,295
AMERICAN WATER WORKS COMPANY I 247 264
AMERIPRISE FINANCIAL INC 567 1,519
AMETEK INC 366 824
AMGEN INC 468 576
ANALOG DEVICES INC 265 596
ANSYS INC 651 1,089
AON PLC CL A 394 582
APPLE INC 13,697 34,078
APPLIED MATERIALS INC 1,428 2,755
APTIV PLC 187 179
ARCHER DANIELS MDLND 927 1,806
AT&T, INC 1,135 1,309
ATMOS ENERGY CORP 216 232
AUTODESK, INC 14,562 14,365
AUTOMATIC DATA PROCESSING INC 1,229 2,097
BAIRD CORE PLUS BD FD INSTI CL 261,640 225,491
BALL CP 194 230
BANK NEW YORK MELLON CORP COM 174 260
BANK OF AMERICA CORP 999 1,313
BATH & BODY WORKS, INC 252 1,122
BECTON DICKINSON & CO 678 731
BERKLEY W R CP 349 636
BERKSHIRE HATHAWAY INC. CLASS 4,578 8,203
BIOGEN INC 202 259
BLACKROCK INC 1,354 2,435
BOEING CO 1,622 3,128
BORG WARNER INC 176 215
BOSTON PPTYS INC 157 211
BOSTON SCIENTIFIC 1,148 2,139
BROADCOM INC 1,706 6,698
BROADRIDGE FINANCIAL 288 617
BROWN FORMAN CORP CL B 284 286
C H ROBINSON WORLDWIDE INC 129 173
CAMDEN PPTY TR 191 199
CAPITAL ONE FINANCIAL CORP 982 1,967
CARNIVAL CORP 406 946
CATERPILLAR INC 1,184 2,957
CELANESE CORPORATION 216 466
CENCORA INC 675 1,643
CENTENE CORP 318 445
CENTERPOINT ENERGY 302 486
CHARLES RIV LABORATORIES INTL 366 473
CHARLES SCHWAB CORP 1,163 2,064
CHARTER COMMUNICATIONS, INC 671 777
CHEVRON CORP 2,113 4,027
CHUBB LIMITED 133 226
CHURCH & DWIGHT 211 284
CIGNA CORPORATION 690 1,198
CISCO SYSTEMS INC 2,364 3,334
CITIZENS FINANCIAL GROUP, INC 360 630
CME GROUP, INC 339 421
CMS ENERGY CP 212 232
COLGATE-PALMOLIVE COMPANY 1,068 1,196
COMCAST CORP 385 482
CONAGRA FOODS INC 210 229
CONOCOPHILLIPS 688 2,670
CONSOLIDATED EDISON INC 160 182
CONSTELLATION BRANDS INC 533 725
CONSTELLATION ENERGY GROUP INC 362 1,286
CORNING INC 821 1,188
CORTEVA INC 370 527
COSTCO WHOLESALE CORPORATION 2,063 4,621
CROWN CASTLE INTL 191 230
CSX CORP 211 312
CUMMINS INC 151 240
CVS CAREMARK CORP 819 1,105
D R HORTON 245 304
DANAHER CORP 1,383 1,619
DARDEN RESTAURANTS INC 390 1,150
DAYFORCE INC 141 201
DELTA AIR LINES INC 126 201
DEXCOM, INC 472 620
DIGITAL RLTY TR INC 201 269
DISCOVER FINL SVCS COM 846 1,124
DOLLAR TREE INC 188 284
DOVER CORP 422 769
DOW INC 154 219
DTE ENERGY CO COM 180 221
DU PONT DE NEMOURS 625 1,462
DUKE ENERGY CO 990 970
EASTMAN CHEMICAL CO 185 269
EBAY INC 173 218
EDWARDS LIFESCIENCES 232 229
ELECTRONIC ARTS 277 274
ELEVANCE HEALTH INC 1,285 2,358
ELI LILLY & CO 5,584 10,493
EMERSON ELECTRIC CO 1,025 1,752
EOG RESOURCES INC 280 968
EQUINIX, INC 594 805
ESTEE LAUDER COMPANIES INC 574 731
ETSY INC 250 324
EVEREST RE GROUP LTD 194 354
EVERGY, INC. 194 209
EVERSOURCE ENERGYINC 1,212 1,358
EXELON CORPORATION 1,006 1,400
EXPEDIA INC 351 759
EXXON MOBIL CORP 2,663 2,899
F5 NETWORKS, INC 240 358
FEDEX CORPORATION 476 759
FIDELITY NATIONAL INFORMATION 331 360
FIFTH THIRD BANCORP 347 759
FISERV INC 194 266
FORD MOTOR COMPANY 773 1,609
FORTINET INC 202 234
FORTIVE CORPORATION 157 221
FRANKLIN RES INC 159 268
GALLAGHER ARTHUR J & CO 390 900
GARTNER INC 3,013 12,631
GE HEALTHCARE TECHNOLOGIES INC 194 464
GENERAL ELECTRIC CO 160 511
GENERAL MILLS INC 213 261
GENERAL MOTORS 355 575
GENUINE PARTS COMPANY 394 831
GILEAD SCIENCES INC 620 810
GLOBAL PAYMENTS INC 532 635
GOLDMAN SACHS GROUP 1,358 2,700
GRAINGER W W INC 504 1,657
HALLIBURTON COMPANY 358 1,085
HARTFORD FINANCIALSERVICES GRO 384 884
HEALTHPEAK PROPERTIES INC 207 238
HESS CORP 352 1,442
HILTON WORLDWIDE HOLDINGS, INC 141 182
HOLOGIC, INC 375 786
HOME DEPOT INC 1,743 2,772
HONEYWELL INTL 540 629
HP INC 328 572
HUNT J B 386 799
HUNTINGTON INGALLS INDUSTRIES 151 260
ILLINOIS TOOL WORKS 239 262
ILLUMINA INC COM 383 557
INSULET CORPORATION 584 868
INT'L FLAVORS & FRAGRANCES INC 255 324
INTEL CORP 2,038 3,819
INTERCONTINENTAL EXCHANGE, INC 286 385
INTERNATIONAL BUSINESS MACHINE 241 327
INTUIT 1,063 2,500
INTUITIVE SURGICAL 844 1,012
INVITATION HOMES INC. 186 205
IRON MOUNTAIN 358 1,050
ISHARE SP SMALL CAP 600 INDEX 118,022 118,641
ISHARES TREASURY FLOATING RATE 305,529 305,141
JOHNSON & JOHNSON 4,959 5,172
JOHNSON CONTROLS INTERNATIONAL 816 1,499
JP MORGAN CHASE 3,940 5,783
KELLANOVA (FNA KELLOGG CO) 199 224
KENVUE INC 941 1,055
KEURIG DR PEPPER INC 210 233
KEYCORP 308 374
KIMCO RLTY CORP 353 767
KINDER MORGAN INC 1,013 1,305
KRAFT HEINZ CO 855 1,035
KROGER CO 595 960
L3HARRIS TECHNOLOGIES 1,192 1,474
LAM RESEARCH CORP 309 783
LAS VEGAS SANDS CORP 229 246
LENNAR CORP 123 298
LINDE PLC COM 1,537 3,286
LOCKHEED MARTIN CORP 432 453
LOEWS CORP 181 348
LOWES COMPANIES INC 1,490 2,671
LULULEMON ATHLETICA INC 411 511
M&T BANK CORP 773 960
MANAGERS FREMONT BOND FUND 242,445 207,935
MARATHON OIL CORP COM 192 1,136
MARKETAXESS HOLDINGS, INC 242 293
MARRIOTT INTERNATIONAL INC. CL 477 1,128
MARSH AND MCLENNAN COMPANIES I 1,150 2,084
MARTIN MARIETTA MATLS INC 538 1,497
MASCO CORP 140 268
MASTERCARD INC 17,703 24,311
MCDONALD'S CORP 2,383 3,558
MCKESSON CORP 559 1,852
MERCK & CO INC 2,580 3,271
META PLATFORMS INC 3,477 10,265
METLIFE INC 872 1,587
MICROCHIP TECHNOLOGY INC 341 902
MICRON TECHNOLOGY 317 427
MICROSOFT CORP 41,510 75,960
MOHAWK INDS INC 245 311
MOLSON COOR BREW CO CL B 149 245
MONDELEZ INTERNATIONAL INC 211 290
MONSTER BEVERAGE CORP 968 1,613
MOODYS CORP 240 391
MORGAN STANLEY 649 1,399
MOTOROLA SOLUTIONS INC 471 939
MSCI INC 886 1,697
NASDAQ OMX GROUP 202 233
NETFLIX INC 16,262 27,265
NEWS CORP LTD CL A 386 786
NEXTERA ENERGY, INC 237 243
NIKE INC-CL B 7,444 8,903
NORFOLK SOUTHERN CORP 383 473
NORTHROP GRUMMAN CORP 624 936
NORWEGIAN CRUISE LINE HOLDINGS 134 261
NOVO NORDISK A S 8,351 9,311
NUCOR CP 309 1,566
NVIDIA CORP 1,755 12,876
O'REILLY AUTOMOTIVE INC 629 1,900
OLD DOMINION FREIGHT LINE 401 1,216
OMNICOM GROUP 772 1,384
ORACLE CORP 1,407 2,847
OSTERWEIS STRATEGIC INCOME FUN 198,510 210,424
PACCAR INC 124 293
PACKAGING CORP AMER 91 163
PALO ALTO NETWORKS INC 252 295
PAYPAL HOLDINGS, INC 23,774 16,949
PENTAIR INC. COM 544 873
PEPSICO INC 1,615 2,038
PFIZER INC 636 403
PHILIP MORRIS INTL 507 470
PNC FINANCIAL GROUP INC 378 465
PPG INDUSTRIES INC 839 1,496
PPL CORPORATION 210 244
PRINCIPAL FINANCIAL GROUP 363 865
PROCTER GAMBLE CO 3,493 3,957
PROGRESSIVE CORP OHIO 985 2,071
PROLOGIS 1,433 2,266
PRUDENTIAL FINCL INC 183 311
PUBLIC SVC ENTERPRISE GROUP IN 234 245
QUALCOMM INC 1,876 3,182
RAYMOND JAMES FINANCIAL INC 425 1,004
RAYTHEON TECHNOLOGIES CORP 493 505
REGENERON PHARMACEUTICALS INC 889 1,757
REGIONS FINANCIAL CORP 351 736
REPUBLIC SVCS INC 683 1,484
RESMED INC 159 172
REVVITY INC 173 219
ROCKWELL AUTOMATION INC 184 310
ROPER INDUSTRIES 374 545
S&P GLOBAL INC COM 316 441
SALESFORCE.COM 17,172 25,261
SCHLUMBERGER LTD 548 1,821
SCHWAB US DIVIDEND EQUITY ETF 328,235 362,987
SEAGATE TECHNOLOGY HOLDINGS PL 369 598
SEALED AIR CORP 378 548
SEMPRA ENERGY COM 745 897
SERVICE NOW 16,646 34,618
SIMON PPTY GROUP INC 818 1,854
SMITH A O CORP DEL COM 158 330
SOUTHERN CO 176 210
SOUTHWEST AIRLINES 506 635
STANLEY BLACK & DECKER INC 239 294
STARBUCKS CORP COM 474 480
STERIS PLC 159 220
STRYKER CORPORATION 202 299
SYSCO CORP 550 878
T-MOBILE US INC 1,058 2,084
TAKE-TWO INTERACTIVE SOFTWARE 306 483
TAPESTRY INC 475 1,288
TARGET CORPORATION 223 285
TE CONNECTIVITY LTD 161 281
TELEFLEX INC 407 499
TESLA MOTORS INC 6,292 6,709
TEXAS INSTRUMENTS INC 2,019 2,727
THE COCA-COLA CO 1,034 1,002
THE JM SMUCKER COMPANY 214 253
THE MOSAIC CO 202 214
THERMO FISHER SCIENTIFIC INC 14,180 13,801
TIAA-CREF CORE IMPACT BOND FUN 350,011 296,939
TJX COMPANIES INC 473 563
TRACTOR SUPPLY CO COM 443 1,075
TRANSDIGM GRP INC 408 1,012
UNION PACIFIC 341 491
UNITED PARCEL SERVICE 1,369 2,201
UNITEDHEALTH GROUP INC 13,089 22,112
VALERO ENERGY CORP 491 1,560
VANGUARD TOTAL INTERNATIONAL S 68,935 70,016
VENTAS INC 178 249
VERIZON COMMUNICATIONS 635 754
VERTEX PHARMCTLS INC 1,086 2,034
VICTORIA S SECRET ORD SHS 48 239
VISA INC 17,702 24,213
WAL-MART STORES INC 1,409 1,892
WALT DISNEY HOLDINGS CO 1,653 1,806
WASTE MANAGEMENT INC 817 1,433
WELLS FARGO & CO 762 984
WELLTOWER INC. 1,018 1,623
WEST PHARMA SVCS INC 483 704
WESTERN DIGITAL CORP 472 786
WESTINGHOUSE AIR BRAKE TECHNOL 122 254
WEYERHAEUSER CO 318 522
WILLIAMS COS 209 209
WORKDAY INC 8,679 10,766
WYNN RESORTS 119 182
XCEL ENERGY INC 230 248
XYLEM INC 182 229
YUM BRANDS INC 493 915
ZOETIS INC 8,489 13,026

TY 2023 OtherExpensesSchedule
Name:
18220 Fund
EIN:
84-3050877
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 17,606     17,606
State or Local Filing Fees 25     25


TY 2023 OtherProfessionalFeesSchedule
Name:
18220 Fund
EIN:
84-3050877
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 17,965 17,965    


TY 2023 TaxesSchedule
Name:
18220 Fund
EIN:
84-3050877
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2023 3,500