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
TIMOTHY AND SHEILA PATTON FAMILY
CHARITABLE TRUST
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 455
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ANN ARBOR, MI48106
A Employer identification number

46-6453265
B Telephone number (see instructions)

(734) 213-5528
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$33,798,881J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,559,210
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 940,059 936,656  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 796,936
b Gross sales price for all assets on line 6a 10,059,962
7 Capital gain net income (from Part IV, line 2)... 738,937
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
24,160 24,160  
12 Total. Add lines 1 through 11........ 4,320,365 1,699,753  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
12,000 6,000   6,000
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
71,531 71,531   0
17 Interest............... 16,596 16,596   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
37,301 37,301   0
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
40,114 39,974   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 177,542 171,402   6,000
25 Contributions, gifts, grants paid....... 1,562,033 1,562,033
26 Total expenses and disbursements. Add lines 24 and 25 1,739,575 171,402   1,568,033
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,580,790
b Net investment income (if negative, enter -0-) 1,528,351
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............. 6,406,423 98,322 98,322
2 Savings and temporary cash investments.........      
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)....... 6,677,006 Click to see attachment
List of Attached Documents:
// Content
17,687,833 		19,895,198
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
9,558,220 		9,796,249
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).......... 19,152,561 Click to see attachment
List of Attached Documents:
// Content
4,009,112 		4,009,112
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) 32,235,990 31,353,487 33,798,881
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 32,235,990 31,353,487
29 Total net assets or fund balances (see instructions)..... 32,235,990 31,353,487
30 Total liabilities and net assets/fund balances (see instructions). 32,235,990 31,353,487
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
32,235,990
2
Enter amount from Part I, line 27a .....................
2
2,580,790
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
34,816,780
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
3,463,293
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
31,353,487
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 CHARLES SCHWAB #9573      
b PIEDMONT PARTNERS FUND LLC K-1      
c PIEDMONT PARTNERS FUND UNRELATED BUSINESS INCOME CAPITAL GAIN P    
d CAPITAL GAINS DIVIDENDS P    
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 8,426,164   9,263,026 -836,862
b 1,440,092     1,440,092
c 57,999   57,999 0
d 135,707     135,707
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       -836,862
b       1,440,092
c       0
d       135,707
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 2 738,937
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 21,244
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 21,244
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 21,244
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 49,198
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 49,198
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 27,954
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow27,954 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowMI
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 arrowN/A
14
The books are in care ofright arrowTIMOTHY J PATTON Telephone no.right arrow (734) 213-5528

Located atright arrowPO BOX 401ANN ARBORMI ZIP+4right arrow48106
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
TIMOTHY J PATTON TRUSTEE
0.50 		0 0 0
PO BOX 455
ANN ARBOR,MI48106
SHEILA A PATTON TRUSTEE
1.00 		0 0 0
PO BOX 455
ANN ARBOR,MI48106
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
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
24,211,761
b
Average of monthly cash balances.......................
1b
2,753,167
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
26,964,928
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
26,964,928
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
404,474
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
26,560,454
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,328,023
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
1,328,023
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
21,244
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
16,136
c
Add lines 2a and 2b............................
2c
37,380
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,290,643
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,290,643
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,290,643
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
1,568,033
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
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,568,033
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 1,290,643
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 659,236
b From 2019...... 267,219
c From 2020...... 421,999
d From 2021...... 920,907
e From 2022......  
f Total of lines 3a through e ........ 2,269,361
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,568,033
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 1,290,643
e Remaining amount distributed out of corpus 277,390
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 2,546,751
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		659,236
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,887,515
10 Analysis of line 9:
a Excess from 2019.... 267,219
b Excess from 2020.... 421,999
c Excess from 2021.... 920,907
d Excess from 2022....  
e Excess from 2023.... 277,390
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).)
TIMOTHY J PATTON
SHEILA A PATTON
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

ACT XXIX

1050 PORTER ST
DETROIT,MI48226 		NONE PC CHARITABLE - GENERAL OPERATING 100,000

AUGUSTINE INSTITUTE INC

6160 S SYRACUSE WAY STE 310
GREENWOOD VILLAGE,CO80111 		NONE PC CHARITABLE - GENERAL OPERATING 50,000

AVALON HOUSING

1327 JONES DRIVE 102
ANN ARBOR,MI48105 		NONE PC CHARITABLE - GENERAL OPERATING 10,000

AVE MARIA COMMUNICATIONS

5705 COURTLAND PL
WILMINGTON,NC28409 		NONE PC CHARITABLE - GENERAL OPERATING 25,000

AVE MARIA UNIVERSITY

5050 AVE MARIA BLVD
AVE MARIA,FL34142 		NONE PC CHARITABLE - GENERAL OPERATING 200,000

BACK2BACK MINISTRIES

PO BOX 70
MASON,OH45040 		NONE PC CHARITABLE - GENERAL OPERATING 11,200

BARNABAS ALMSGIVING FUND

80 ABBEYVILLE ROAD
LANCASTER,PA17603 		NONE PC CHARITABLE - GENERAL OPERATING 20,000

CATHOLIC SOCIAL SERVICES OF WASHTENAW COUNTY

4925 PACKARD
ANN ARBOR,MI48108 		NONE PC CHARITABLE - GENERAL OPERATING 10,000

CATHOLIC VOTE EDUCATION FUND

PO BOX 3310
CARMEL,IN46082 		NONE PC CHARITABLE - GENERAL OPERATING 50,000

CHILDREN WAITING EVERYWHERE

3878 SECOR RD
PETERSBURG,MI49270 		NONE PC CHARITABLE - GENERAL OPERATING 40,000

CHILDREN'S HEALING CENTERS OF AMERICA

1530 FULTON ST E
GRAND RAPIDS,MI49503 		NONE PC CHARITABLE - GENERAL OPERATING 10,000

COMMUNITY PREGNANCY CLINICS INC

940 FIFTH AVENUE NORTH
NAPLES,FL34102 		NONE PC CHARITABLE - GENERAL OPERATING 2,500

CURIOUS KIDS MUSEUM

415 LAKE BLVD
SAINT JOSEPH,MI49085 		NONE PC CHARITABLE - GENERAL OPERATING 4,000

DOMINICAN SISTERS OF MARY MOTHER OF THE EUCHARIST

4597 WARREN RD
ANN ARBOR,MI48105 		NONE PC CHARITABLE - GENERAL OPERATING 50,000

EMMANUEL HOUSE

18570 FITZPATRICK CT
DETROIT,MI48228 		NONE PC CHARITABLE - GENERAL OPERATING 5,000

EMMAUS HEALTH PARTNERS - ARBORWOMEN

24 FRANK LLOYD DR STE L2200
ANN ARBOR,MI48105 		NONE PC CHARITABLE - GENERAL OPERATING 15,000

ETERNAL WORD TELEVISION NETWORK INC

5817 OLD LEEDS RD
IRONDALE,AL35210 		NONE PC CHARITABLE - GENERAL OPERATING 1,000

FATHER GABRIEL RICHARD HIGH SCHOOL

4333 WHITEHALL DR
ANN ARBOR,MI48105 		NONE PC CHARITABLE - GENERAL OPERATING 25,000

FELLOWSHIP OF CATHOLIC UNIVERSITY STUDENTS

PO BOX 17408
DENVER,CO80217 		NONE PC CHARITABLE - GENERAL OPERATING 50,000

GREAT LAKES COMMUNITY ALLIANCE INC

3084 NILES RD
SAINT JOSEPH,MI49085 		NONE PC CHARITABLE - GENERAL OPERATING 4,000

HABITAT FOR HUMANITY

11145 TAMIAMI TRAIL E
NAPLES,FL34113 		NONE PC CHARITABLE - GENERAL OPERATING 10,000

HALFTIME INSTITUTE

1431 GREENWAY DRIVE 230
IRVING,TX75038 		NONE PC CHARITABLE - GENERAL OPERATING 50,000

HARBOR LIGHT CHRISTIAN SCHOOLS

8220 CLAYTON RD
HARBOR SPRINGS,MI49740 		NONE PC CHARITABLE - GENERAL OPERATING 20,000

HARBOR SPRINGS AREA HISTORICAL SOCIETY

PO BOX 812
HARBOR SPRINGS,MI49740 		NONE PC CHARITABLE - GENERAL OPERATING 1,000

HOLY CHILDHOOD OF JESUS HARBOR SPRINGS

150 W MAIN ST
HARBOR SPRINGS,MI49740 		NONE PC CHARITABLE - GENERAL OPERATING 5,000

HOPE MEDICAL CLINIC INC

PO BOX 980311
YPSILANTI,MI48198 		NONE PC CHARITABLE - GENERAL OPERATING 33,333

HURON VALLEY CATHOLIC SCHOOL

1300 N PROSPECT RD
YPSILANTI,MI48198 		NONE NC CHARITABLE - GENERAL OPERATING 1,500

LIVE ACTION

2200 WILSON BLVD STE 102 PMB 111
ARLINGTON,VA22201 		NONE PC CHARITABLE - GENERAL OPERATING 250,000

LOVE CENTERS INTERNATIONAL INC

34 MECHANIC ST
OXFORD,MI48371 		NONE PC CHARITABLE - GENERAL OPERATING 10,000

MACKINAC CENTER

140 WEST MAIN STREET PO BOX 568
MIDLAND,MI48640 		NONE PC CHARITABLE - GENERAL OPERATING 10,000

MARONITE ORDER OF THE BLESSED VIRGIN MARY

4405 EARHART RD
ANN ARBOR,MI48105 		NONE PC CHARITABLE - GENERAL OPERATING 7,000

NAPA INSTITUTE

2532 DUPONT DR
IRVINE,CA92612 		NONE PC CHARITABLE - GENERAL OPERATING 100,000

NATIONAL ASSOCIATION FOR CHILDREN OF ALCOHOLICS

10920 CONNECTICUT AVENUE STE 100
KENSINGTON,MD20895 		NONE PC CHARITABLE - GENERAL OPERATING 1,000

NATIONAL EUCHARISTIC CONGRESS

3211 4TH ST NE
WASHINGTON,DC20017 		NONE PC CHARITABLE - GENERAL OPERATING 50,000

NEW HORIZONS FOUNDATION

731 CHAPEL HILLS DR
COLORADO SPRINGS,CO80920 		NONE PC CHARITABLE - GENERAL OPERATING 25,000

PRO-LIFE ACTION NETWORK INC

4700 ASH CT
YPSILANTI,MI48197 		NONE PC CHARITABLE - GENERAL OPERATING 5,000

RED-C APOSTOLATE

603 CHURCH AVENUE
COLLEGE STATION,TX77840 		NONE PC CHARITABLE - GENERAL OPERATING 10,000

RENEWAL MINISTRIES INC

24 FRANK LLOYD WRIGHT DR STE L2000
ANN ARBOR,MI48105 		NONE PC CHARITABLE - GENERAL OPERATING 5,000

SACRED STORY INSTITUTE

1401 E JEFFERSON ST STE 405
SEATTLE,WA98122 		NONE PC CHARITABLE - GENERAL OPERATING 100,000

SAINT THOMAS EDUCATION FUND

1449 WILCOX PARK DR SE
GRAND RAPIDS,MI49506 		NONE PC CHARITABLE - GENERAL OPERATING 5,000

ST GEORGE FOUNDATION FOR THE CLASSICS

9724 HUTTENLOCKER RD
MUNITH,MI49259 		NONE PC CHARITABLE - GENERAL OPERATING 5,000

ST LOUIS CENTER

16195 W OLD US HWY 12
CHELSEA,MI48118 		NONE NC CHARITABLE - GENERAL OPERATING 500

ST EDWARD HIGH SCHOOL

13500 DETROIT AVE
LAKEWOOD,OH44107 		NONE PC CHARITABLE - GENERAL OPERATING 100,000

ST JOSEPH PARISH

936 LAKE ST
KALAMAZOO,MI49001 		NONE PC CHARITABLE - GENERAL OPERATING 10,000

TWIN CITY AREA CATHOLIC SCHOOL FUND INC

515 SHIP ST SUITE 209
ST JOSEPH,MI49085 		NONE PC CHARITABLE - GENERAL OPERATING 10,000

UNIVERSITY CHRISTIAN OUTREACH

1502 RIVER TER
EAST LANSING,MI48823 		NONE PC CHARITABLE - GENERAL OPERATING 5,000

YOUNG AMERICA'S FOUNDATION

11480 COMMERCE PARK DRIVE SIXTH
FLOOR
RESTON,VA20191 		NONE PC CHARITABLE - GENERAL OPERATING 50,000
Total .................................right arrow 3a 1,562,033
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities .... 523000 3,403 14 936,656  
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 .....     14 24,160  
8 Gain or (loss) from sales of assets other than
inventory ............ 		523000 57,999 18 738,937  
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) .. 61,402 1,699,753 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,761,155
(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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
TIMOTHY AND SHEILA PATTON FAMILY
CHARITABLE TRUST
Employer identification number

46-6453265
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
TIMOTHY AND SHEILA PATTON FAMILY
CHARITABLE TRUST 		Employer identification number
46-6453265
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
TIM AND SHEILA PATTON
PO BOX 455
 
ANN ARBOR, MI48106

$ 2,559,210


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
TIMOTHY AND SHEILA PATTON FAMILY
CHARITABLE TRUST 		Employer identification number

46-6453265
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PUBLICLY TRADED MARKETABLE SECURITIES $ 2,559,210 2023-12-19
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
TIMOTHY AND SHEILA PATTON FAMILY
CHARITABLE TRUST 		Employer identification number

46-6453265
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
TIMOTHY AND SHEILA PATTON FAMILY
 
CHARITABLE TRUST
EIN:
46-6453265
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 12,000 6,000   6,000

TY 2023 InvestmentsCorpBondsSchedule
Name:
TIMOTHY AND SHEILA PATTON FAMILY
 
CHARITABLE TRUST
EIN:
46-6453265
Name of Bond End of Year Book Value End of Year Fair Market Value
FEDERATED HERMES TOTAL RETURN BOND R6 6,698,305 6,887,017
METROPOLITAN WEST TOTAL RETURN BOND I 2,859,915 2,909,232

TY 2023 InvestmentsCorpStockSchedule
Name:
TIMOTHY AND SHEILA PATTON FAMILY
 
CHARITABLE TRUST
EIN:
46-6453265
Name of Stock End of Year Book Value End of Year Fair Market Value
PIMCO INCOME INSTL 1,240,002 1,273,688
BROWN ADVISORY SUSTAINABLE GROWTH I 826,599 932,505
DELAWARE SMALL CAP VALUE INSTL 1,188,900 1,210,895
JPMORGAN EQUITY INCOME I 848,219 881,627
MORGAN STANLEY INST INTL ADVTG I 2,000,293 2,038,778
OAKMARK INTERNATIONAL INSTITUTIONAL 1,958,858 1,963,836
T. ROWE PRICE INSTL MID-CAP EQUITY GR 1,055,335 1,070,380
VANGUARD EXTENDED MARKET 699,380 780,666
VANGUARD S&P 500 ETF 6,637,632 7,183,613
AGILENT TECHNOLOGIES 686 1,247
ABBVIE INC 2,964 5,371
ADOBE INC 16,983 30,270
ANALOG DEVICES INC 1,080 1,974
ARCHER-DANIELS-MIDLN 840 1,687
AUTO DATA PROCESSING 1,564 2,581
AFLAC INC 820 1,794
ASSURANT INC 1,140 1,833
ARTHUR J GALLAGHER&C 2,907 4,298
ADVANCED MICRO DEVICE IN 2,147 5,499
AMERIPRISE FINL 562 1,896
ARISTA NETWORKS INC 3,288 9,270
AON PLC FCLASS A 1,150 1,881
AMPHENOL CORP CLASS A 5,858 8,876
BROADCOM INC 12,084 26,254
AMERICAN EXPRESS CO 1,531 3,321
AUTOZONE INC 1,061 2,647
BOEING CO 174,922 346,463
BOOKING HOLDINGS INC 8,490 17,521
BLACKROCK INC 1,490 2,420
BERKSHIRE HATHAWAY CLASS B 8,785 16,676
BOSTON SCIENTIFIC CO 4,833 7,219
CARRIER GLOBAL CORP 3,951 6,841
CATERPILLAR INC 1,613 4,054
CHUBB LTD F 1,491 3,089
CARNIVAL CORP F 1,275 2,794
CADENCE DESIGN SYS 3,954 8,550
CDW CORP 531 1,116
CONSTELLATION ENERGY COR 1,319 3,124
COMCAST CORP CLASS A 9,313 13,769
CHIPOTLE MEXICAN GRL 6,538 11,583
CAPITAL ONE FC 947 2,090
CENCORA INC 602 1,205
COSTCO WHOLESALE CO 3,397 7,425
CANADIAN PACIFIC KANSA F 777 1,311
COPART INC 609 1,558
SALESFORCE INC 2,837 4,773
CSX CORP 1,461 2,270
CINTAS CORP 2,511 4,494
CORTEVA INC 613 1,147
CHEVRON CORP 3,134 6,478
DUPONT DE NEMOURS INC IA 1,008 1,700
DISCOVER FINL S 562 1,619
D R HORTON CO 4,012 8,535
DANAHER CORP 2,246 3,412
HF SINCLAIR CORP 400 1,149
DOW INC 689 1,094
DEVON ENERGY CORP 600 2,768
ELEVANCE HEALTH INC 1,620 2,794
EMERSON ELECTRIC CO 1,233 2,113
EQUINIX INC REIT 8,927 13,721
EATON CORP PLC F 6,774 13,082
FORD MOTOR CO 657 1,521
FASTENAL CO 626 1,101
FREEPORT-MCMORAN INC 416 1,988
FEDEX CORP 1,018 2,248
FORTINET INC 528 1,420
GENERAL DYNAMICS CO 1,480 2,784
GENERAL ELECTRIC CO 8,290 19,974
GE HEALTHCARE TECHNOLOGI 1,923 3,394
GENERAL MOTORS CO 988 1,570
GARMIN LTD F 727 1,142
GOLDMAN SACHS GROUP 1,468 3,033
HALLIBURTON CO HLDG 356 1,464
HESS CORP 5,665 10,260
HARTFORD FINL SVC GP 608 1,290
HILTON WORLDWIDE HLD 902 2,157
HP INC. 646 1,309
IDEXX LABS INC 2,903 4,887
INTEL CORP 13,971 24,430
INTUIT INC 12,859 22,265
IQVIA HOLDINGS INC 659 1,141
INGERSOLL RAND INC 2,632 4,688
IRON MTN INC NEW REIT 527 1,237
INTUITIVE SURGICAL 1,551 2,991
ILLINOIS TOOL WORKS 1,306 2,066
JOHNSON CONTROLS INTER F 1,133 2,115
JPMORGAN CHASE & CO 7,775 13,528
KLA CORP 664 2,320
LENNAR CORP CLASS A 1,225 4,014
LINDE PLC F 2,400 5,358
LILLY ELI & CO 15,396 36,033
LOWES COMPANIES INC 1,835 4,058
LAM RESEARCH CORP 2,400 5,427
MASTERCARD INC CLASS A 5,568 8,917
MARRIOTT INTL INC CLASS A 853 2,225
MCDONALDS CORP 3,346 5,232
MICROCHIP TECHNOLOGY 593 1,282
MCKESSON CORP 974 3,130
MOODYS CORP 1,273 1,956
METLIFE INC 929 1,782
META PLATFORMS INC CLASS A 41,946 97,471
MARSH & MC LENNAN CO 1,421 2,834
MONSTER BEVERAGE CORPORA 46,823 91,476
MARATHON PETE CORP 555 3,201
MORGAN STANLEY 1,101 2,563
MSCI INC 995 1,619
MICROSOFT CORP 27,228 42,366
MOTOROLA SOLUTIONS 685 1,569
MICRON TECHNOLOGY 5,596 9,071
NETFLIX INC 95,553 253,382
NORTHROP GRUMMAN CO 1,248 1,860
SERVICE NOW INC 1,543 3,521
NRG ENERGY INC 6,241 9,809
NUCOR CORP 567 2,460
NVIDIA CORP 110,516 348,533
NOVO-NORDISK AS VORMAL FSPONSORED ADR 72,451 130,491
OLD DOMINION FREIGHT 3,213 5,193
ORACLE CORP 12,125 20,375
O REILLY AUTOMOTIVE 2,991 5,776
PAYCHEX INC 891 1,667
PACCAR INC 3,484 6,362
PROGRESSIVE CO OHIO 1,189 2,344
PARKER-HANNIFIN CORP 992 3,211
PPG INDUSTRIES INC 864 1,344
PRUDENTIAL FINL 889 1,559
PUBLIC STORAGE REIT 965 1,462
PTC INC 1,200 1,894
QUANTA SERVICES INC 796 4,552
PIONEER NATURAL RES 573 1,614
QUALCOMM INC 2,279 4,273
REGENERON PHARMS INC 32,434 61,999
ROCKWELL AUTOMATION 727 1,244
ROPER TECHNOLOGIES 944 1,623
ROSS STORES INC 2,316 4,070
CHARLES SCHWAB CORP 1,363 2,359
SHOPIFY INC FCLASS A 42,230 97,445
SHERWIN WILLIAMS CO 1,534 2,778
SCHLUMBERGER LTD F 851 2,792
SYNOPSYS INC 7,032 15,136
SIMON PPTY GROUP REIT 629 1,591
S&P GLOBAL INC 2,457 3,935
SEAGATE TECHNOLOGY HLD F 1,768 2,776
STRYKER CORP 1,536 2,328
TRANSDIGM GROUP INC 952 2,995
TE CONNECTIVITY LTD F 882 1,696
TJX COMPANIES INC 4,069 6,774
THERMO FISHER SCNTFC 3,084 4,719
T-MOBILE US INC 727 1,248
TRAVELERS COMPANIES 1,132 2,030
TRANE TECHNOLOGIES PLC F 4,134 7,225
UNITEDHEALTH GRP INC 7,376 13,118
UNION PACIFIC CORP 2,702 4,109
UNITED PARCEL SRVC CLASS B 2,051 3,224
VISA INC CLASS A 79,856 133,784
VULCAN MATERIALS COM 541 1,123
VERISK ANALYTICS INC CLASS A 911 1,417
VERTEX PHARMACEUTICA 99,921 172,532
WORKDAY INC CLASS A 23,113 42,986
WELLTOWER INC REIT 7,449 11,775
WASTE MANAGEMENT INC 1,011 1,772
WILLIAMS COS INC 558 1,220
WYNN RESORTS 2,851 4,712
EXXON MOBIL CORP 4,680 14,349
YUM BRANDS INC 1,146 1,704
ZOETIS INC CLASS A 1,529 2,377

TY 2023 InvestmentsOtherSchedule2
Name:
TIMOTHY AND SHEILA PATTON FAMILY
 
CHARITABLE TRUST
EIN:
46-6453265
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SCHWAB TREASURY OBLIG MO AT COST 4,009,112 4,009,112

TY 2023 OtherDecreasesSchedule
Name:
TIMOTHY AND SHEILA PATTON FAMILY
 
CHARITABLE TRUST
EIN:
46-6453265
Description Amount
BOOK TAX TIMING DIFFERENCE PIEDMONT PARTNERS LLC 1,730,265
COST BASIS ADJUSTMENT 406,437
COST TO FMV OF CONTRIBUTIONS TO FOUNDATION 1,326,591


TY 2023 OtherExpensesSchedule
Name:
TIMOTHY AND SHEILA PATTON FAMILY
 
CHARITABLE TRUST
EIN:
46-6453265
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PIEDMONT PARTNERS FUND LLC K-1 - OTHER DEDUCTIONS 140 0   0
PIEDMONT PARTNERS FUND LLC K-1 - MANAGEMENT FEES 39,752 39,752   0
PIEDMONT PARTNERS FUND LLC K-1 - ORDINARY LOSS 222 222   0


TY 2023 OtherIncomeSchedule2
Name:
TIMOTHY AND SHEILA PATTON FAMILY
 
CHARITABLE TRUST
EIN:
46-6453265
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PIEDMOUNT PARTNERS FUND LLC K-1: OTHER INCOME 24,160 24,160 24,160


TY 2023 OtherProfessionalFeesSchedule
Name:
TIMOTHY AND SHEILA PATTON FAMILY
 
CHARITABLE TRUST
EIN:
46-6453265
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVISORY FEES 71,531 71,531   0


TY 2023 TaxesSchedule
Name:
TIMOTHY AND SHEILA PATTON FAMILY
 
CHARITABLE TRUST
EIN:
46-6453265
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 13,801 13,801   0
INCOME TAXES 23,500 23,500   0