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
ACT FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)6205-A PEACHTREE DUNWOODY ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30328
A Employer identification number

58-6033966
B Telephone number (see instructions)

(678) 645-4659
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$56,279,983J 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) 259,918
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 998,683 998,683  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 941,511
b Gross sales price for all assets on line 6a 52,503,638
7 Capital gain net income (from Part IV, line 2)... 941,511
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
-15,377 -20,589  
12 Total. Add lines 1 through 11........ 2,184,735 1,919,605  
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)......... Click to see attachment
List of Attached Documents:
// Content
3,410 0   3,410
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
19,550 0   19,550
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
305,050 264,650   40,400
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,720 1,501   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
1,159 1,129   30
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 330,889 267,280   63,390
25 Contributions, gifts, grants paid....... 2,893,500 2,893,500
26 Total expenses and disbursements. Add lines 24 and 25 3,224,389 267,280   2,956,890
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,039,654
b Net investment income (if negative, enter -0-) 1,652,325
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,134,218 1,289,999 1,289,999
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)....... 44,173,480 Click to see attachment
List of Attached Documents:
// Content
42,010,133 		46,507,856
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,450,252 Click to see attachment
List of Attached Documents:
// Content
6,316,033 		8,482,128
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
-1,060 		Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 50,756,890 49,616,165 56,279,983
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 50,756,890 49,616,165
29 Total net assets or fund balances (see instructions)..... 50,756,890 49,616,165
30 Total liabilities and net assets/fund balances (see instructions). 50,756,890 49,616,165
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
50,756,890
2
Enter amount from Part I, line 27a .....................
2
-1,039,654
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
49,094
4
Add lines 1, 2, and 3 ..........................
4
49,766,330
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
150,165
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
49,616,165
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b ACADIAN ALL COUNTRY WORLD EX US FUND P    
c SHORT TERM LOSS FROM K-1: ACADIAN P    
d LONG TERM GAIN FROM K-1: ACADIAN P    
e LONG TERM GAIN FROM K-1: BDT FUND II P    
LONG TERM GAIN FROM K-1: HIG P    
LONG TERM GAIN FROM K-1: TTV FUND P    
(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 52,491,479   51,546,969 944,510
b 12,159   12,377 -218
c       -28,441
d       -34,061
e       10,933
      50,294
      -1,506
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       944,510
b       -218
c       -28,441
d       -34,061
e       10,933
      50,294
      -1,506
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 2 941,511
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 22,967
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 22,967
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 22,967
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 39,798
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 49,798
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 26,831
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow26,831 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 arrowGA
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 arrowCOX FOUNDATIONS COX ENTERPRISES Telephone no.right arrow (678) 645-4659

Located atright arrow6205-A PEACHTREE DUNWOODY ROADATLANTAGA ZIP+4right arrow30328
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)
Yes
 
(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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ALEXANDER C TAYLOR PRESIDENT
0.40 		0 0 0
6205-A PEACHTREE DUNWOODY ROAD
ATLANTA,GA30328
NANCY K RIGBY SECRETARY/TREASURER
5.00 		0 0 0
6205-A PEACHTREE DUNWOODY ROAD
ATLANTA,GA30328
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
STG PARTNERS INVESTMENT MANAGEMENT FEES 252,501
3455 PEACHTREE RD NE SUITE 1000
ATLANTA,GA30326
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
45,192,977
b
Average of monthly cash balances.......................
1b
1,368,636
c
Fair market value of all other assets (see instructions)................
1c
8,482,128
d
Total (add lines 1a, b, and c).........................
1d
55,043,741
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
55,043,741
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
825,656
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
54,218,085
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,710,904
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
2,710,904
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
22,967
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
8
c
Add lines 2a and 2b............................
2c
22,975
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,687,929
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,687,929
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
2,687,929
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
2,956,890
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
2,956,890
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 2,687,929
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...... 15,687
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022...... 245,013
f Total of lines 3a through e ........ 260,700
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,956,890
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..... 2,687,929
e Remaining amount distributed out of corpus 268,961
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 5 529,661
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) ... 		15,687
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		513,974
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022.... 245,013
e Excess from 2023.... 268,961
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN RIVERS

1101 14TH STREET NW SUITE 1400
WASHINGTON,DC20005 		N/A PC GENERAL OPERATING SUPPORT 50,000

ANIMAL RESCUE FUND OF THE HAMPTONS INC

124 DANIELS HOLE ROAD
EAST HAMPTON,NY11937 		N/A PC GENERAL OPERATING SUPPORT 10,000

APF SUPPORT INC

191 PEACHTREE STREET NE SUITE 191
ATLANTA,GA30303 		N/A PC PROGRAM SUPPORT 150,000

ATLANTA MEMORIAL PARK CONSERVANCY

PO BOX 11609
ATLANTA,GA30355 		N/A PC GENERAL OPERATING SUPPORT 1,000

ENTITLEMENTS HOW INC

2365 HARRODSBURG ROAD SUITE B230
LEXINGTON,KY40504 		N/A PC PROGRAM SUPPORT 250,000

FINO DOGGIE ETC RESCUE INC

5872 NORTHWEST 75 WAY
PARKLAND,FL330671239 		N/A PC GENERAL OPERATING SUPPORT 7,500

FOCUS

3825 PRESIDENTIAL PKWY SUITE 103
ATLANTA,GA30340 		N/A PC GENERAL OPERATING SUPPORT 5,000

FORWARD ARTS FOUNDATION

3130 SLATON DRIVE NW
ATLANTA,GA30305 		N/A PC PROGRAM SUPPORT 15,000

INTERNATIONAL ANIMAL RESCUE US

PO BOX 137
SHREWSBURY,MA01545 		N/A PC PROGRAM SUPPORT 125,000

MCLAREN NORTHERN MICHIGAN FOUNDATION

360 CONNABLE AVENUE
PETOSKEY,MI49770 		N/A PC GENERAL OPERATING SUPPORT 10,000

NOAH'S ARK

712 LG GRIFFIN ROAD
LOCUST GROVE,GA302484317 		N/A PC GENERAL OPERATING SUPPORT 50,000

NOAH'S ARK

712 LG GRIFFIN ROAD
LOCUST GROVE,GA302484317 		N/A PC GENERAL OPERATING SUPPORT 50,000

NOAH'S ARK

712 LG GRIFFIN ROAD
LOCUST GROVE,GA302484317 		N/A PC GENERAL OPERATING SUPPORT 50,000

NORTH ATLANTIC SALMON FUND US

221 NORTH HOGAN STREET
JACKSONVILLE,FL32202 		N/A PC PROGRAM SUPPORT 160,000

NORTH ATLANTIC SALMON FUND US

221 NORTH HOGAN STREET
JACKSONVILLE,FL32202 		N/A PC PROGRAM SUPPORT 50,000

PATH FOUNDATION

1601 WEST PEACHTREE STREET
ATLANTA,GA30309 		N/A PC GENERAL OPERATING SUPPORT 50,000

THE WESTMINSTER SCHOOLS

1424 WEST PACES FERRY ROAD NW
ATLANTA,GA30327 		N/A PC PROGRAM SUPPORT 500,000

VANDERBILT UNIVERSITY

PMB 407826
NASHVILLE,TN37240 		N/A PC PROGRAM SUPPORT 1,360,000
Total .................................right arrow 3a 2,893,500
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 ....     14 998,683  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 941,511  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPARTNERSHIPS - UBIT 		525990 5,212      
bPARTNERSHIP INCOME     14 -22,643  
cOTHER INCOME     14 2,054  
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 5,212 1,919,605 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,924,817
(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
ACT FOUNDATION INC
 
Employer identification number

58-6033966
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
ACT FOUNDATION INC
  		Employer identification number
58-6033966
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
ALEX C TAYLOR
229 NACOOOCHEE DRIVE
 
ATLANTA, GA30305

$ 259,918


(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
ACT FOUNDATION INC
  		Employer identification number

58-6033966
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 SECURITIES $ 259,918 2023-03-14
(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
ACT FOUNDATION INC
  		Employer identification number

58-6033966
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:
ACT FOUNDATION INC
EIN:
58-6033966
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 19,550 0   19,550

TY 2023 InvestmentsCorpStockSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Name of Stock End of Year Book Value End of Year Fair Market Value
1ST CTZNS BNCSHS INC A 13,348 12,771
3M COMPANY 36,506 31,156
ADOBE SYS DEL PV$ 0.001 89,805 137,814
ADOBE SYS DEL PV$ 0.001 77,506 86,507
ADVNCD MICRO D INC 42,954 71,935
AES CORP 56,631 64,160
AGILENT TECHNOLOGIES INC 29,617 33,506
AIR PRODUCTS & CHEM 83,943 87,616
AIR PRODUCTS & CHEM 40,690 38,058
ALIBABA GROUP HOLDING LT 92,809 37,205
ALLY FINL INC 22,219 25,247
ALPHABET INC SHS CL A 28,069 29,754
ALPHABET INC SHS CL A 56,702 151,564
ALPHABET INC SHS CL A 113,405 131,169
ALPHABET INC SHS CL A 59,886 65,235
ALPHABET INC SHS CL C 50,349 133,884
ALPHABET INC SHS CL C 213,657 289,328
ALTRIA GROUP INC 15,585 14,764
ALTRIA GROUP INC 53,097 53,814
AMAZON COM INC COM 143,065 257,842
AMAZON COM INC COM 191,375 263,463
AMAZON COM INC COM 10,428 10,788
AMAZON COM INC COM 163,223 178,074
AMER EXPRESS COMPANY 18,773 20,233
AMERICAN INTERNATIONAL GROUP INC 41,768 48,848
AMERICAN INTERNATIONAL GROUP INC 20,510 21,003
AMERICAN TOWER REIT INC 125,371 113,769
AMGEN INC COM PV $0.0001 22,704 24,194
AMN ELEC POWER CO 63,142 58,560
AMPHENOL CORP CL A NEW 93,616 115,783
ANALOG DEVICES INC COM 62,449 73,269
APACHE CORP 17,262 17,187
API GROUP CORP REG SHS 48,253 53,734
APPLE INC 41,011 151,329
APPLE INC 136,501 167,693
APPLIED MATERIALS INC 35,003 38,735
ARTISAN INTERNATIONAL 1,031,119 1,095,891
AT&T INC 26,034 25,690
ATLASSIAN CORP PLC 53,578 70,407
AUTODESK INC COM ISIN 79,465 142,679
BANK NEW YORK MELLON 14,956 15,979
BAXTER INTERNTL INC 44,878 41,250
BAXTER INTERNTL INC 8,558 9,008
BECTON DICKINSON CO 57,044 53,399
BERKSHIRE HATHAWAYINC DEL CL B NEW 61,789 112,705
BERKSHIRE HATHAWAYINC DEL CL B NEW 70,311 79,535
BLACKROCK GLOBAL 2,067,055 1,731,994
BLACKROCK INC 9,832 10,553
BLACKROCK INC 61,511 108,781
BLACKROCK LIQUIDITY FUND 33,540 33,540
BLACKROCK MULTI-SECTOR 967,511 653,400
BLACKSTONE GROUP INC CL A 79,805 93,215
BLUE OWL CAP INC 36,337 39,902
BOEING COMPANY 173,618 260,399
BOOKING HLDGS INC 97,327 127,700
BORG WARNER INC COM 9,958 10,468
BRISTOL-MYERS SQUIBB CO 53,358 45,974
BRISTOL-MYERS SQUIBB CO 44,833 30,376
CACI INTL INC CL A 55,868 56,028
CADENCE DESIGN SYS INC 54,421 86,069
CAPITAL ONE FINL 21,422 24,651
CATERPILLAR INC DEL 30,705 33,411
CBRE GROUP INC COM 17,345 19,828
CBRE GROUP INC COM 31,189 35,653
CDW CORP 81,311 91,382
CELANESE CORP DEL SER A 9,746 10,721
CENCORA INC 32,392 32,655
CENTENE CORP 36,073 42,003
CENTENE CORP 15,669 15,584
CENTERPOINT ENERGY INC 31,979 31,656
CHARLES RIVER LABS INTL 40,477 47,516
CHARTER COMMUNICATIONS INC NEW CL A 16,905 16,325
CHEMED CORP 41,508 42,687
CHEVRON CORP 37,205 35,053
CHEVRON CORP 46,922 77,712
CHIPOTLE MEXICAN GRILL 57,301 82,331
CIGNA CORP 61,918 66,478
CINN FINCL CRP OHIO 48,730 49,144
CISCO SYSTEMS INC COM 7,705 8,033
CISCO SYSTEMS INC COM 77,649 71,738
CISCO SYSTEMS INC COM 55,196 50,166
CITIGROUP INC COM NEW 43,317 51,646
CITIGROUP INC COM NEW 20,426 22,274
CLEAN HARBORS INC 43,056 45,198
CME GROUP INC 38,932 43,805
COLGATE PALMOLIVE 48,562 51,013
COMCAST CORP NEW CL A 20,127 20,741
COMCAST CORP NEW CL A 62,602 53,629
COMCAST CORP NEW CL A 33,739 34,905
CONOCOPHILLIPS 22,388 22,518
CONSTELLATION BRANDS INC 39,179 38,680
COPART INC COM 30,770 40,081
CORNING INC 61,972 58,677
CORTEVA INC REG SHS 12,351 12,795
CROWN CASTLE INTL CORP 72,039 61,972
CSX CORP 29,452 33,041
CVS CAREMARK CORP 7,959 9,080
DANAHER CORP DEL COM 7,132 7,403
DANAHER CORP DEL COM 114,629 116,133
DANAHER CORP DEL COM 39,672 41,179
DANAHER CORP DEL COM 74,017 77,498
DEERE CO 14,089 28,391
DIAGEO PLC SPSD ADR NEW FGN 72,127 65,547
DISNEY (WALT) CO COM STK 40,006 39,004
DISNEY (WALT) CO COM STK 166,607 126,767
DISNEY (WALT) CO COM STK 7,397 7,223
DOMINION RES INC NEW VA 83,350 52,828
DOUBLELINE CORE FIXED 3,467,438 3,018,717
DOUBLELINE TOTAL RETURN 3,670,540 3,103,182
DTE ENERGY COMPANY 69,710 69,464
DUKE ENERGY CORP NEW 93,999 98,496
DYNATRACE INC REG SHS 66,851 68,909
EATON CORP PLC FGN 38,227 48,886
EBAY INC COM 8,040 8,419
ECOLAB INC 66,695 63,869
EDWARDS LIFESCIENCES CRP 46,799 46,207
EDWARDS LIFESCIENCES CRP 97,599 85,019
ELECTRONIC ARTS INC 36,836 43,231
ELI LILLY & CO 100,822 135,237
EOG RESOURCES INC 19,153 18,747
EQUIFAX INC 8,450 9,397
EXELON CORPORATION 75,559 66,523
EXPEDITORS INTL WASH INC 40,580 74,158
EXXON MOBIL CORP COM 117,434 102,879
FACTSET RESH SYS INC 35,246 71,558
FACTSET RESH SYS INC 50,772 57,245
FASTENAL COMPANY 39,722 78,760
FIDELITY NATL INFO SVCS 128,011 73,586
FIRSTENERGY CORP 66,485 68,481
FISERV INC 20,425 20,723
FMC CORP COM NEW 54,120 38,902
FORTIVE CORP 81,117 82,686
FORTUNE BRANDS INNOVATIONS INC 11,422 12,259
FRANCO NEV CORP 24,109 18,616
FREEPRT-MCMRAN CPR & GLD 58,047 63,770
FREEPRT-MCMRAN CPR & GLD 33,955 36,695
GALLAGHER ARTHUR J & CO 45,981 43,852
GARTNER INC 61,055 81,200
GENERAL MOTORS CO 17,166 18,786
GILEAD SCIENCES INC COM 55,829 54,763
GLOBAL PMTS INC GEORGIA 11,130 11,811
GOLDMAN SACHS GROUP INC 11,496 12,730
HCA HLDGS INC COM USD 10,017 10,557
HILTON WORLDWIDE 7,532 8,012
HILTON WORLDWIDE 16,873 20,940
HUMANA INC 48,012 44,865
IDEXX LAB INC DEL $0.10 88,215 87,143
ILLINOIS TOOL WORKS 37,423 41,910
ILLUMINA INC COM 108,482 58,481
INTERCONTINENTALEXCHANGE 22,002 24,787
INTERCONTINENTALEXCHANGE 74,331 90,285
INTL BUSINESS MACHINES CORP IBM 39,063 40,560
INTUIT COM 93,203 117,506
INTUIT COM 120,853 163,758
INTUITIVE SURGICAL INC NEW 32,671 58,026
INTUITIVE SURGICAL INC NEW 65,793 81,641
IQVIA HLDGS INC 19,991 21,287
ISHARE CORE U.S. 1,954,277 1,657,312
ISHARES EDGE MSCI 1,203,885 1,776,420
ISHARES EDGE MSCI MIN 650,729 738,166
ISHARES EDGE MSCI USA MOMENTUM FACTOR ETF 1,121,066 1,417,784
ISHARES EDGE MSCI USA VALUE FACTOR ETF 811,693 995,627
ISHARES MSCI EAFE 919,016 1,081,208
ISHARES RS 2000 GROWTH 1,984,129 1,838,435
ISHARES RS 2000 VALUE 935,805 888,802
ISHARES RUSSELL 1000 2,499,206 3,019,531
ISHARES RUSSELL 1000 2,339,364 3,533,565
JABIL CIRCUIT INC 32,194 35,290
JOHNSON AND JOHNSON COM 90,498 97,492
JOHNSON AND JOHNSON COM 122,883 116,144
JPMORGAN CHASE & CO 76,793 97,978
JPMORGAN CHASE & CO 53,498 61,066
KENVUE INC 23,578 22,370
KKR & CO INC CL A 20,139 22,204
KROGER CO COM 33,632 31,037
KROGER CO COM 18,005 18,513
LAMB WESTON HOLDINGS INC 26,979 28,860
LAS VEGAS SANDS CORP 24,319 20,324
LIBERTY BROADBAND CORP 7,733 7,414
LIBERTY INTERACTIVE CORP QVC GROUP SER A 2,722 2,921
LIBERTY MEDIA CORP REG 59,416 58,963
LOWE-S COMPANIES INC 42,495 97,477
LOWE-S COMPANIES INC 58,091 58,976
MAGNA INTL INC CL A VTG 11,860 12,525
MARATHON PETROLEUM CORP 54,087 56,080
MARVELL TECHNOLOGY GROUP 74,525 84,736
MASCO CORP SPXW 150828C02150000 14,129 15,271
MASTERCARD INC 150,699 174,443
MERCK AND CO INC SHS 67,742 94,193
MERCK AND CO INC SHS 81,396 89,178
META PLATFORMS INC 165,633 355,376
META PLATFORMS INC 9,736 10,619
METLIFE INC COM 40,453 43,051
MICROCHIP TECHNOLOGY INC 46,610 48,878
MICROSOFT CORP 38,066 108,300
MICROSOFT CORP 73,312 236,905
MICROSOFT CORP 155,103 204,566
MICROSOFT CORP 206,539 284,662
MONDELEZ INTERNATIONAL INC 60,732 66,491
MONOLITHIC PWR SYSTEMS 66,500 97,771
MONSTER BEVERAGE SHS 70,179 137,976
MOODY-S CORP 7,038 7,421
MORGAN STANLEY 43,316 48,117
MOTOROLA SOLUTIONS INC 82,633 96,119
MSCI INC 80,569 90,504
NESTLE S A REP RG SH ADR 46,501 54,577
NETFLIX COM INC 122,066 203,516
NEWMONT MINING CORP 63,766 56,828
NIKE INC CL B 88,733 72,959
NINTENDO CO LTD 63,060 57,663
NORFOLK SOUTHERN CORP 92,643 106,371
NORTHROP GRUMMAN CORP 71,801 76,307
NOVARTIS ADR 51,548 61,087
NOVO NORDISK A S ADR 22,742 91,760
NVIDIA CORP 89,525 194,621
NVIDIA CORP 27,669 41,103
NVIDIA CORP 54,837 348,635
ON SEMICONDUCTOR CRP COM 28,909 32,660
ORACLE CORP $0.01 DEL 88,672 189,563
ORACLE CORP $0.01 DEL 11,035 10,227
O-REILLY AUTOMOTIVE INC 76,751 83,607
PALO ALTO NETWORKS INC 21,335 21,231
PAYCHEX INC 52,371 73,610
PAYPAL HLDGS INC COM 68,581 40,162
PEPSICO INC 24,235 23,268
PEPSICO INC 110,757 106,320
PFIZER INC 88,815 57,321
PG&E CORP 71,054 77,655
PHILIP MORRIS INTL INC 54,291 53,720
PHILIP MORRIS INTL INC 88,537 99,066
PHILIP MORRIS INTL INC 24,904 23,238
PHILLIPS 66 SHS 16,226 16,643
PHINIA INC REG 1,416 1,605
PNC FINCL SERVICES GROUP 54,526 51,255
PROCTER & GAMBLE CO 101,900 104,483
PROGRESSIVE CORP OHIO 98,566 113,248
PROGRESSIVE CORP OHIO 50,495 81,233
QUALCOMM INC 69,132 84,319
QUALCOMM INC 44,925 81,716
QUALCOMM INC 49,532 65,084
RANDGOLD RES LTD ADR 48,998 57,038
RAYTHEON TECHNOLOGIES 17,592 18,006
RAYTHEON TECHNOLOGIES 43,257 42,575
REGENERON PHARMACTCLS 32,650 37,766
REGENERON PHARMACTCLS 47,805 97,490
REINSURANCE GROUP AMER INC COM NEW 6,878 6,795
RIO TINTO PLC SPNSRD ADR 51,894 57,781
ROCHE HLDG LTD SPN ADR FGN 56,168 48,113
ROCKWELL AUTOMATION INC 19,297 20,492
ROSS STORES INC COM 69,539 84,418
SALESFORCE COM INC 101,454 155,253
SALESFORCE COM INC 15,624 15,788
SALESFORCE COM INC 74,253 104,202
SANDOZ GROUP AG 3,335 4,449
SBA COMMUNICATIONS CPRP CL A 16,926 17,251
SCHLUMBERGER LTD FGN 92,794 87,323
SCHWAB CHARLES CORP NEW 16,773 18,301
SCHWAB CHARLES CORP NEW 74,496 92,880
SEI INVT CO PA PV $0.01 43,996 56,178
SEMPRA ENERGY 78,369 77,271
SERVICENOW INC 99,590 131,407
SHOPIFY INC CL A 71,703 99,089
SOUTHWEST AIRLNS CO 44,049 39,594
SPDR BLOOMBERG 36,944 36,922
SQUARE INC SHS CL A 71,810 54,300
STARBUCKS CORP 63,448 77,000
STARBUCKS CORP 82,029 86,217
STATE STREET CORP 15,269 15,957
STRYKER CORP 46,289 47,614
TE CONNECTIVITY LTD 7,274 7,728
TECHNIPFMC PLC REG SHS 47,406 52,545
TERADATA CORP DEL 44,567 44,206
TESLA MTRS INC 191,667 238,044
TEXAS INSTRUMENTS 78,532 107,901
THE MOSAIC COMPANY 24,614 17,293
THERMO FISHER SCIENTIFIC 63,969 63,164
THERMO FISHER SCIENTIFIC 89,381 92,888
THERMO FISHER SCIENTIFIC 108,567 106,158
TJX COS INC NEW 71,378 82,553
TKO GROUP HOLDINGS INC 54,646 57,351
TRUIST FINL CORP 11,824 13,144
UBER TECHNOLOGIES INC 37,827 52,950
UBER TECHNOLOGIES INC 66,580 88,907
UNITED PARCEL SVC CL B 50,536 76,414
UNITEDHEALTH GROUP INC 112,132 130,038
UNITEDHEALTH GROUP INC 43,754 43,171
VERALTO CORP 16,559 16,534
VERALTO CORP 40,460 42,446
VERISK ANALYTICS INC 70,396 82,168
VERISK ANALYTICS INC 49,500 61,626
VERIZON COMMUNICATNS COM 35,153 34,910
VERIZON COMMUNICATNS COM 67,034 76,606
VERIZON COMMUNICATNS COM 65,900 45,353
VERTEX PHARMACEUTCLS INC 33,922 34,179
VERTEX PHARMACEUTCLS INC 61,184 124,915
VISA INC CL A SHRS 95,707 110,128
VISA INC CL A SHRS 129,986 251,758
VISA INC CL A SHRS 127,659 149,441
WABTEC 45,893 48,603
WALKER & DUNLOP INC 19,653 24,311
WAL-MART STORES INC 83,523 86,235
WARNER BROS DISCOVERY 11,374 11,437
WARNER MUSIC GROUP CORP 41,028 42,232
WELLS FARGO & CO NEW DEL 26,334 28,794
WELLS FARGO & CO NEW DEL 60,563 69,991
WEST PHARMACTL SVCS INC 78,578 75,002
WHEATON PRECIOUS METALS 34,303 36,660
WILLIAMS CO INC 56,584 56,634
WILLIAMS CO INC 16,492 16,614
WILLIS TOWERS WATSON PLC LTD CO 17,906 17,608
WORKDAY INC CL A 31,009 56,040
YUM BRANDS INC 31,301 51,611
YUM CHINA HOLDINGS INC 19,689 20,579
YUM CHINA HOLDINGS INC 30,993 24,440
ZIMMER BIOMET HOLDINGS 34,246 36,145

TY 2023 InvestmentsOtherSchedule2
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ACADIAN ALL COUNTRY WORLD EX US FUND AT COST 1,591,177 1,821,915
BDT CAPITAL PARTNERS FUND II, L.P. (TE) AT COST 2,682,180 4,019,185
BDT CAPITAL PARTNERS FUND II-A SPIRITS, L.P. AT COST 61,320 114,735
BDT CAPITAL PARTNERS FUND IV, L.P. AT COST 715,504 719,975
FALFURRIAS CAPITAL PARTNERS V, L.P. AT COST 441,091 592,225
FALFURRIAS GROWTH PARTNERS I, L.P. AT COST 69,717 67,000
H.I.G. ADVANTAGE BUYOUT FUND, AIV B, L.P. AT COST 21,189 21,189
H.I.G. ADVANTAGE BUYOUT FUND, L.P. AT COST 582,017 974,761
TTV FUND VI, L.P. AT COST 151,838 151,143

TY 2023 LegalFeesSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 3,410 0   3,410


TY 2023 OtherAssetsSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
BDT FUND IV, L.P. -462    
FALFURRIAS GROWTH PARTNERS I, L.P. -598    


TY 2023 OtherDecreasesSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Description Amount
FMV IN EXCESS OF BASIS OF CONTRIBUTED SECURITIES 150,165


TY 2023 OtherExpensesSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 1,129 1,129   0
FILING FEES 30 0   30


TY 2023 OtherIncomeSchedule2
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIPS - UBIT 5,212   5,212
PARTNERSHIP INCOME -22,643 -22,643 -22,643
OTHER INCOME 2,054 2,054 2,054


TY 2023 OtherIncreasesSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Description Amount
BASIS ADJUSTMENT 49,094


TY 2023 OtherProfessionalFeesSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 40,400 0   40,400
INVESTMENT MANAGEMENT FEES 264,650 264,650   0


TY 2023 TaxesSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL INCOME TAX 124 0   0
FOREIGN TAXES PAID 1,501 1,501   0
STATE INCOME TAX 95 0   0