TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2023

Open to Public Inspection

For calendar year 2023, or tax year beginning 04-01-2023 , and ending 03-31-2024

Name of foundation
BELLE G ROBERTS CHARITABLE TR
REGIONS BANK TRUST DEP'T #1255001017

Number and street (or P.O. box number if mail is not delivered to street address)PO DRAWER 1628
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MOBILE, AL366331628

A Employer identification number

72-6214520

B Telephone number (see instructions)

(251) 431-8309

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$19,418,326J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	420,142		420,142
5a	Gross rents............	50,318		50,318
b	Net rental income or (loss) 42,764
6a	Net gain or (loss) from sale of assets not on line 10		422,761
b	Gross sales price for all assets on line 6a 5,145,684
7	Capital gain net income (from Part IV, line 2)...			422,761
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).......	List of Attached Documents: // Content	473	473
12	Total. Add lines 1 through 11........	893,694		893,694
13	Compensation of officers, directors, trustees, etc.	151,308		75,654	75,654
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	17,600	9,000	8,600
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	17,770	8,255	0
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	6,615	6,615
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	51,580	51,580	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	244,873		151,104	84,254
25	Contributions, gifts, grants paid.......	805,264			805,264
26	Total expenses and disbursements. Add lines 24 and 25	1,050,137		151,104	889,518
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-156,443
b	Net investment income (if negative, enter -0-)			742,590
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	1,077,360	1,556,547	1,556,547
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	2,340,027	List of Attached Documents: // Content 2,438,202	2,218,796
	b	Investments—corporate stock (attach schedule).......	9,263,984	List of Attached Documents: // Content 9,214,173	13,888,686
	c	Investments—corporate bonds (attach schedule).......	2,037,064	List of Attached Documents: // Content 1,890,329	1,750,536
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)	509,081
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	39,919	0	0
	14	Land, buildings, and equipment: basis 6
		Less: accumulated depreciation (attach schedule)	6	6	3,761
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	15,267,441	15,099,257	19,418,326
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	15,267,441	15,099,257
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	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).....	15,267,441	15,099,257
	30	Total liabilities and net assets/fund balances (see instructions).	15,267,441	15,099,257

Part III

Analysis of Changes in Net Assets or Fund Balances

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

15,267,441

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

-156,443

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

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

15,110,998

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

11,741

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

15,099,257

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
1 a	2051 GOVERNMENT ST	P
b	PUBLICLY TRADED SECURITIES	P
c	SECURITES LITGATION PROCEEDS	P
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	1,140,000	193,656	868,318	465,338
b	4,005,283		4,048,261	-42,978
c	401			401
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			465,338
b			-42,978
c			401
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	422,761
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	10,322
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	10,322
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	10,322
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	4,575
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	8,700
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	13,275
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	193
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,760
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax2,760	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

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

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

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

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

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

Yes

Website address right arrow

NONE

The books are in care of right arrow

REGIONS BANK TRUST DEPARTMENT Telephone no. right arrow

(251) 431-8309

Located at right arrow

11 N WATER STREET 28TH FLOORMOBILEAL ZIP+4 right arrow

36602

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

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

16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Form 990-PF (2023)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

Yes

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

If "Yes," list the years right arrow

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2023.) .....................

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

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

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

Form 990-PF (2023)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
REGIONS BANK	TRUSTEE 4.00	151,308
P O BOX 2527 MOBILE,AL36622	TRUSTEE 4.00	151,308
ANGUS COOPER	DIST. COMM 0.20	0
PO BOX 1566 MOBILE,AL36633	DIST. COMM 0.20	0
ALLEN LADD	DIST. COMM 0.20	0
2065 OLD SHELL RD MOBILE,AL36607	DIST. COMM 0.20	0
MITCHELL SHACKLEFORD	DIST. COMM - CHAIRMAN 0.20	0
355 CHARLESTON CT MOBILE,AL36608	DIST. COMM - CHAIRMAN 0.20	0
MICHAEL LEE SR	DIST. COMM 0.20	0
52 N JACKSON ST MOBILE,AL36602	DIST. COMM 0.20	0
DREW DELANEY	DIST. COMM 0.20	0
2480 E I-65 SERVICE RD N MOBILE,AL36607	DIST. COMM 0.20	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2023)

Page 7

Part VII

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

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2023)

Page 8

Part IX

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

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

purposes:

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

16,113,561

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

1,198,733

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

665,510

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

17,977,804

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

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

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

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

17,977,804

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

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

269,667

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

17,708,137

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

885,407

Part X

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

and do not complete this part.)

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

885,407

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

10,322

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

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

10,322

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

875,085

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

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

875,085

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

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

875,085

Part XI

Qualifying Distributions (see instructions)

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

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

889,518

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

889,518

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				875,085
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......			805,262
b Total for prior years:20 , 20, 20		0
3 Excess distributions carryover, if any, to 2022:
a From 2018......
b From 2019......
c From 2020......
d From 2021......
e From 2022......
f Total of lines 3a through e ........	0
4Qualifying distributions for 2023 from Part
XI, line 4: $ 889,518
a Applied to 2022, but not more than line 2a			805,262
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.....				84,256
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2023.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........				790,829
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......	0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...	0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....
c Excess from 2021....
d Excess from 2022....
e Excess from 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 4942(j)(3) or4942(j)(5)

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

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

aThe name, address, and telephone number or 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)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
INFIRMARY HEALTH SYSTEMS 5 MOBILE INFIRMARY CIRCLE MOBILE,AL36607		PUBLIC	INTERNAL MEDICINE RESIDENCY TRAINING PROGRAM	402,632
UMS-WRIGHT CORPORATION 65 N MOBILE ST MOBILE,AL36607		PUBLIC	DINING HALL CAPITAL IMPROVEMENTS	402,632
Total ................................. 3a				805,264

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2023)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	420,142
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	42,764
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	422,761
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aREGIONS SE TIMBER FD II			14	473
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		886,140	0

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

886,140

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2023)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

BELLE G ROBERTS CHARITABLE TR

REGIONS BANK TRUST DEP'T #1255001017

EIN:

72-6214520

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX RETURN PREPARATION FEE	5,600	0		5,600
AUDIT FEE	12,000	9,000		3,000

- TIN:

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

TY 2023 DepreciationSchedule

Name:

BELLE G ROBERTS CHARITABLE TR

REGIONS BANK TRUST DEP'T #1255001017

EIN:

72-6214520

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
LAND - 2051 GOVERNMENT & HOLCOMB	2002-11-10	17,830		L		0	0
LAND - 2051 GOVERNMENT	2002-11-10	296,272		L		0	0
BUILDING - 2051 GOVERNMENT	2002-11-10	319,471	167,253	SL	39.000000000000	5,461	5,461
LAND - 410 HOLCOMBE	2002-11-10	11,366		L		0	0
AIR CONDITIONER	2010-04-01	10,198	8,840	SL	15.000000000000	453	453
ROOF - 2051 GOVERNMENT	2012-11-07	40,985	10,948	SL	39.000000000000	701	701

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

BELLE G ROBERTS CHARITABLE TR

REGIONS BANK TRUST DEP'T #1255001017

EIN:

72-6214520

Name of Bond	End of Year Book Value	End of Year Fair Market Value
40000 AIR LEASE CORP 3.75% 01 JUN 2026	38,420	38,590
39000 AMERICAN TOWER CORP 5.8% 15 NOV 2028	39,010	39,951
38000 ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.9% 23 JAN 2031	43,003	38,455
43000 AT&T INC 4.5% 15 MAY 2035	46,779	40,217
37000 BANK OF AMERICA CORP 6.11% 29 JAN 2037	47,007	39,336
40000 BANK OF AMERICA CORP VARIABLE 3.559% 23 APR 2027	39,803	38,597
44000 BANK OF NEW YORK MELLON CORP/THE .75% 28 JAN 2026	43,230	40,667
44000 BANK OF NOVA SCOTIA 1.05% 02 MAR 2026	43,232	40,703
41000 BANK OF NOVA SCOTIA 2.2% 03 FEB 2025	40,684	39,890
45000 BERKSHIRE HATHAWAY FINANCE CORP 4.25% 15 JAN 2049	50,882	40,267
50000 BLACKROCK INC 1.9% 28 JAN 2031	48,046	41,628
41000 BP CAPITAL MARKETS AMERICA INC 3.796% 21 SEP 2025	41,048	40,302
41000 CAPITAL ONE FINANCIAL CORP 3.65% 11 MAY 2027	40,690	39,212
45000 CHARLES SCHWAB CORP .9% 11 MAR 2026	44,011	41,475
57000 CITIGROUP INC VARIABLE 6.033791% 30 OCT 2024	56,765	57,068
48000 COMCAST CORP 3.75% 01 APR 2040	50,194	39,900
41000 DUKE ENERGY CORP 4.85% 05 JAN 2029	40,968	40,613
48000 FIDELITY NATIONAL INFORMATION SERVICES INC 1.65% 01 MAR 2028	46,403	42,333
39000 GEORGIA POWER CO 5.004% 23 FEB 2027	39,021	39,065
42000 GILEAD SCIENCES INC 3.65% 01 MAR 2026	41,935	40,921
50000 GOLDMAN SACHS GROUP INC VARIABLE 2.65% 21 OCT 2032	48,611	41,601
41000 HORMEL FOODS CORP .65% 03 JUN 2024	40,726	40,646
44000 HSBC HOLDINGS PLC VARIABLE 3.973% 22 MAY 2030	43,615	41,133
49000 INTEL CORP 2% 12 AUG 2031	48,664	40,266
42000 INTERNATIONAL BUSINESS MACHINES CORP 3.45% 19 FEB 2026	41,819	40,858
43000 INTERNATIONAL BUSINESS MACHINES CORP 3.5% 15 MAY 2029	42,352	40,489
82000 JPMORGAN CHASE & CO VARIABLE 3.782% 01 FEB 2028	85,864	78,969
43000 KROGER CO 2.65% 15 OCT 2026	42,010	40,547
42000 LLOYDS BANKING GROUP PLC 4.375% 22 MAR 2028	41,827	40,778
42000 LOWE'S COS INC 3.65% 05 APR 2029	43,047	39,852
43000 MOLSON COORS BEVERAGE CO 5% 01 MAY 2042	47,076	40,666
40000 MORGAN STANLEY 3.7% 23 OCT 2024	39,938	39,598
44000 PROCTER & GAMBLE CO 3% 25 MAR 2030	46,093	40,533
85000 ROYAL BANK OF CANADA .875% 20 JAN 2026	83,233	79,036
47000 SHELL INTERNATIONAL FINANCE BV 2.375% 07 NOV 2029	45,539	41,832
44000 SOUTHERN CO 3.7% 30 APR 2030	43,610	40,823
58000 SYSCO CORP 3.3% 15 FEB 2050	52,774	41,532
42000 TOYOTA MOTOR CREDIT CORP .8% 09 JAN 2026	41,606	39,066
44000 TOYOTA MOTOR CREDIT CORP 1.125% 18 JUN 2026	43,267	40,509
45000 TRUIST FINANCIAL CORP 1.267% 02 MAR 2027	44,197	41,603
44000 VERIZON COMMUNICATIONS INC .85% 20 NOV 2025	43,330	41,009

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

BELLE G ROBERTS CHARITABLE TR

REGIONS BANK TRUST DEP'T #1255001017

EIN:

72-6214520

Name of Stock	End of Year Book Value	End of Year Fair Market Value
653 ABB LTD	23,879	30,273
1072 ACUSHNET HOLDINGS CORP	33,638	70,698
137 ADIDAS AG	13,058	15,355
206 ADOBE INC	100,744	103,948
622 AIA GROUP LTD	22,581	16,719
673 AIR LIQUIDE SA	21,717	28,057
650 AIRBUS SE	18,890	30,004
702 AKZO NOBEL NV	26,345	17,494
1599 ALPHABET INC	60,138	241,337
1497 AMAZON.COM INC	108,386	270,029
119 AON PLC	34,689	39,713
1971 APPLE INC	29,073	337,987
912 ARTISAN PARTNERS ASSET MANAGEMENT INC	38,619	41,742
422 ASICS CORP	7,272	19,868
50 ASM INTERNATIONAL NV	20,337	30,600
19 ASML HOLDING NV	11,430	18,439
138 ASPEN TECHNOLOGY INC	10,896	29,433
23 ATRION CORP	16,963	10,662
286 BANCFIRST CORP	27,338	25,177
92 BLACKROCK INC	17,706	76,700
928 BP PLC	24,279	34,967
407 BUREAU VERITAS SA	25,462	24,807
419 CAPGEMINI SE	15,091	19,320
403 CHEVRON CORP	41,086	63,569
24 CHIPOTLE MEXICAN GRILL INC	49,753	69,762
425 CHUBB LTD	50,997	110,130
1510 CIE FINANCIERE RICHEMONT SA	20,049	23,012
1298 CLEARWATER ANALYTICS HOLDINGS INC	30,256	22,962
256 COCA-COLA EUROPACIFIC PARTNERS PLC	14,707	17,907
1149 COMPASS GROUP PLC	24,770	33,804
2215 CONTINENTAL AG	19,964	15,859
187 CORVEL CORP	34,014	49,174
153 COSTCO WHOLESALE CORP	58,007	112,092
377 COVESTRO AG	8,508	10,315
121 CRH PLC	10,487	10,437
719 DAIKIN INDUSTRIES LTD	13,162	9,793
131 DBS GROUP HOLDINGS LTD	12,107	13,962
498 DEXCOM INC	55,050	69,073
38 DIPLOMA PLC	6,522	7,137
283 DONALDSON CO INC	8,370	21,134
537 EATON CORP PLC	32,608	167,909
270 ELI LILLY & CO	21,022	210,049
398 EMCOR GROUP INC	26,212	139,380
352 EPIROC AB	6,653	6,632
403 EXPERIAN PLC	15,633	17,547
1235 EXXON MOBIL CORP	20,753	143,556
91 FACTSET RESEARCH SYSTEMS INC	5,982	41,349
1479 FANUC CORP	20,382	20,602
2563 FIFTH THIRD BANCORP	80,119	95,369
1754 FIRST HAWAIIAN INC	35,423	38,518
507 FISERV INC	63,888	81,029
1076 FORTIVE CORP	77,509	92,558
467 FTI CONSULTING INC	48,694	98,205
352 GILDAN ACTIVEWEAR INC	12,467	13,070
160 GOLDMAN SACHS GROUP INC	49,233	66,830
759 GRACO INC	18,353	70,936
126 HALMA PLC	6,112	7,639
312 HERSHEY CO/THE	70,190	60,684
283 HOME DEPOT INC	38,208	108,559
448 HONEYWELL INTERNATIONAL INC	36,642	91,952
177 HOYA CORP	19,203	22,043
104 ICON PLC	18,535	34,939
128 IMCD NV	8,970	11,332
1130 ING GROEP NV	14,538	18,634
124 INTUIT INC	8,009	80,600
20790 ISHARES CORE S&P MID-CAP ETF	1,001,453	1,262,785
129 JACK HENRY & ASSOCIATES INC	3,131	22,411
641 JPMORGAN CHASE & CO	1,585	128,392
45 KADANT INC	12,025	14,765
496 KBC GROEP NV	17,025	18,605
305 KFORCE INC	18,168	21,509
288 LANDSTAR SYSTEM INC	49,766	55,515
279 LCI INDUSTRIES COM	39,617	34,334
761 LEGRAND SA	17,234	16,148
464 LONDON STOCK EXCHANGE GROUP PLC	12,305	14,120
346 MANHATTAN ASSOCIATES INC	15,671	86,580
286 MASTERCARD INC	94,722	137,729
258 MCDONALD'S CORP	33,876	72,743
1073 MERCK & CO INC	49,063	141,582
581 MERCK KGAA	25,643	20,469
347 META PLATFORMS INC	62,693	168,496
1277 MICROSOFT CORP	138,492	537,259
877 MOELIS & CO	39,447	49,787
1135 MONDELEZ INTERNATIONAL INC	58,948	79,450
144 MTU AERO ENGINES AG	16,026	18,297
207 NETFLIX INC	73,017	125,717
921 NEXTERA ENERGY INC	12,251	58,861
651 NITORI HOLDINGS CO LTD	10,544	9,863
730 NOMURA RESEARCH INSTITUTE LTD	20,254	20,593
274 NORFOLK SOUTHERN CORP	69,476	69,834
322 NOVO NORDISK A/S	26,866	41,345
476 NVIDIA CORP	21,868	430,095
443 PACKAGING CORP OF AMERICA	62,022	84,073
450 PERNOD RICARD SA	13,539	14,553
375 PPG INDUSTRIES INC	45,490	54,338
369 PRIMERICA INC	18,077	93,342
438 PROGRESSIVE CORP	62,832	90,587
1151 PULTEGROUP INC	59,561	138,834
598 QUALCOMM INC	43,318	101,241
168 RBC BEARINGS INC	3,875	45,419
1518 RECRUIT HOLDINGS CO LTD	9,722	13,298
1326 RELX PLC	40,826	57,403
1706 RENESAS ELECTRONICS CORP	10,953	15,183
377 RENTOKIL INITIAL PLC	10,400	11,367
2856 RIGHTMOVE PLC	34,655	40,125
231 RLI CORP	10,832	34,297
1004 ROCHE HOLDING AG	45,859	32,048
248 RYANAIR HOLDINGS PLC	25,767	36,106
169 S&P GLOBAL INC	78,612	71,901
351 SALESFORCE INC	66,629	105,714
884 SAMPO OYJ	22,587	18,820
577 SANDVIK AB	10,716	12,896
141 SAP SE	19,031	27,499
214 SBA COMMUNICATIONS CORP	67,006	46,374
1248 SCHLUMBERGER NV	59,661	68,403
953 SHIN-ETSU CHEMICAL CO LTD	19,460	20,842
143 SIEMENS AG	13,602	13,646
566 SIEMENS HEALTHINEERS AG	13,525	17,303
595 SIMPSON MANUFACTURING CO INC	50,432	122,082
332 STMICROELECTRONICS NV	14,706	14,356
332 STRYKER CORP	84,964	118,813
583 SUNCOR ENERGY INC	10,919	21,519
90 SUZUKI MOTOR CORP	14,791	16,467
441 T-MOBILE US INC	62,260	71,980
109 TECHTRONIC INDUSTRIES CO LTD	6,940	7,410
830 THALES SA	21,430	28,335
166 THERMO FISHER SCIENTIFIC INC	7,971	96,481
995 TJX COS INC	68,391	100,913
150 TOKYO ELECTRON LTD	12,731	19,490
606 TORO CO	29,645	55,528
93 TRANSDIGM GROUP INC	76,424	114,539
421 UFP INDUSTRIES INC	46,764	51,787
705 UNILEVER PLC	37,427	35,384
274 UNITEDHEALTH GROUP INC	81,910	135,548
1598 UNIVERSAL MUSIC GROUP NV	17,920	24,050
318 VAT GROUP AG	15,545	16,377
1341 WALMART INC	52,748	80,688
730 WALT DISNEY CO	68,427	89,323
295 WATTS WATER TECHNOLOGIES INC	34,002	62,702
874 XCEL ENERGY INC	61,419	46,978
481 ZOETIS INC	43,592	81,390
2394 ZOZO INC	11,633	11,731
19133.041 ARTISAN DEVELOPING WORLD FUND	261,055	358,745
33248.934 GQG PARTNERS EMERGING MARKETS EQUITY FUND	575,872	581,524
18912.036 PZENA EMERGING MARKETS VALUE FUND/USA	230,349	237,346
85658.821 VANGUARD DEVELOPED MARKETS INDEX FUND	1,412,377	1,379,107
28906.917 ARTISAN HIGH INCOME FUND	259,584	259,584
25625.283 BRANDYWINEGLOBAL HIGH YIELD FUND	259,584	261,378
11713.519 VANGUARD EMERGING MARKETS BOND FUND	278,740	273,979
25586.105 VANGUARD SHORT-TERM BOND INDEX FUND	272,220	256,884

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

BELLE G ROBERTS CHARITABLE TR

REGIONS BANK TRUST DEP'T #1255001017

EIN:

72-6214520

US Government Securities - End of Year Book Value:

2,438,202

US Government Securities - End of Year Fair Market Value:

2,218,796

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

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

- TIN:

TY 2023 OtherDecreasesSchedule

Name:

BELLE G ROBERTS CHARITABLE TR

REGIONS BANK TRUST DEP'T #1255001017

EIN:

72-6214520

Description	Amount
BOOK/TAX DIFFERENCE - PARTNERSHIP INCOME	11,741

- TIN:

TY 2023 OtherExpensesSchedule

Name:

BELLE G ROBERTS CHARITABLE TR

REGIONS BANK TRUST DEP'T #1255001017

EIN:

72-6214520

Description	Revenue and Expenses per Books	Net Investment Income
ADR FEES	1,326	1,326
INVESTMENT MANAGEMENT FEES	45,385	45,385
INVESTMENT INTEREST	3,930	3,930
INSURANCE	15	15
REPAIRS & MAINTENANCE	924	924

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

BELLE G ROBERTS CHARITABLE TR

REGIONS BANK TRUST DEP'T #1255001017

EIN:

72-6214520

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
REGIONS SE TIMBER FD II	473	473	473

- TIN:

TY 2023 TaxesSchedule

Name:

BELLE G ROBERTS CHARITABLE TR

REGIONS BANK TRUST DEP'T #1255001017

EIN:

72-6214520

Category	Amount	Net Investment Income
FOREIGN TAXES	8,255	8,255
2022 EXCISE TAX	4,940	0
2023 ESTIMATED TAX	4,575	0