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 07-01-2023 , and ending 06-30-2024
Name of foundation
HICKS SCHOOL TRUST A
 
Number and street (or P.O. box number if mail is not delivered to street address)123 BANK STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WATERBURY, CT06702
A Employer identification number

06-6035760
B Telephone number (see instructions)

(203) 578-2448
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$11,384,285J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 267,815 266,304  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 260,616
b Gross sales price for all assets on line 6a 820,701
7 Capital gain net income (from Part IV, line 2)... 260,616
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 528,431 526,920  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 70,409 52,807   17,602
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
750 563 0 188
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,152 1,330   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,578 4,578   4,578
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 78,889 59,278 0 22,368
25 Contributions, gifts, grants paid....... 424,000 424,000
26 Total expenses and disbursements. Add lines 24 and 25 502,889 59,278 0 446,368
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 25,542
b Net investment income (if negative, enter -0-) 467,642
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,852 2,347 2,347
2 Savings and temporary cash investments......... 58,774 26,386 26,386
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 3,091 Click to see attachment
List of Attached Documents:
// Content
51,146 		51,198
b Investments—corporate stock (attach schedule)....... 1,987,733 Click to see attachment
List of Attached Documents:
// Content
2,029,937 		6,789,036
c Investments—corporate bonds (attach schedule)....... 101,325 Click to see attachment
List of Attached Documents:
// Content
100,984 		97,120
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)..........     0
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
4,248,294 		Click to see attachment
List of Attached Documents:
// Content
4,211,876 		Click to see attachment
List of Attached Documents:
// Content
4,418,198
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,401,069 6,422,676 11,384,285
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 6,401,069 6,422,676
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 6,401,069 6,422,676
30 Total liabilities and net assets/fund balances (see instructions). 6,401,069 6,422,676
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
6,401,069
2
Enter amount from Part I, line 27a .....................
2
25,542
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
7,634
4
Add lines 1, 2, and 3 ..........................
4
6,434,245
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
11,569
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,422,676
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 4382.121 JPMORGAN STRAT INC OPP-R6   2018-02-27 2023-07-06
b 990. WISDOMTREE FLOATING RATE TRE   2023-03-16 2023-07-06
c 2.23 GNMA POOL #376533 7.500% 6/15/24   1997-04-09 2023-07-17
d 30.13 GNMA POOL #465991 6.500% 3/15/28   1998-03-23 2023-07-17
e 21.95 GNMA PL #490800 6.000% 11/15/28   1998-12-04 2023-07-17
2.25 GNMA POOL #376533 7.500% 6/15/24   1997-04-09 2023-08-15
30.3 GNMA POOL #465991 6.500% 3/15/28   1998-03-23 2023-08-15
22.06 GNMA PL #490800 6.000% 11/15/28   1998-12-04 2023-08-15
2.26 GNMA POOL #376533 7.500% 6/15/24   1997-04-09 2023-09-15
30.48 GNMA POOL #465991 6.500% 3/15/28   1998-03-23 2023-09-15
22.19 GNMA PL #490800 6.000% 11/15/28   1998-12-04 2023-09-15
4101.513 GATEWAY FUND-Y   2018-02-27 2023-09-25
.6667 VERALTO CORP   2006-01-10 2023-10-13
2.28 GNMA POOL #376533 7.500% 6/15/24   1997-04-09 2023-10-16
30.66 GNMA POOL #465991 6.500% 3/15/28   1998-03-23 2023-10-16
22.3 GNMA PL #490800 6.000% 11/15/28   1998-12-04 2023-10-16
1051. RTX CORP   2012-02-10 2023-11-08
2.29 GNMA POOL #376533 7.500% 6/15/24   1997-04-09 2023-11-15
30.83 GNMA POOL #465991 6.500% 3/15/28   1998-03-23 2023-11-15
22.42 GNMA PL #490800 6.000% 11/15/28   1998-12-04 2023-11-15
2629.602 MATTHEWS PACIFIC TIGER FD-IS   2022-02-07 2023-12-12
3.35 GNMA POOL #376533 7.500% 6/15/24   1997-04-09 2023-12-15
31.02 GNMA POOL #465991 6.500% 3/15/28   1998-03-23 2023-12-15
22.55 GNMA PL #490800 6.000% 11/15/28   1998-12-04 2023-12-15
3.28 GNMA POOL #376533 7.500% 6/15/24   1997-04-09 2024-01-16
31.2 GNMA POOL #465991 6.500% 3/15/28   1998-03-23 2024-01-16
22.67 GNMA PL #490800 6.000% 11/15/28   1998-12-04 2024-01-16
2.35 GNMA POOL #376533 7.500% 6/15/24   1997-04-09 2024-02-15
31.38 GNMA POOL #465991 6.500% 3/15/28   1998-03-23 2024-02-15
22.79 GNMA PL #490800 6.000% 11/15/28   1998-12-04 2024-02-15
3.39 GNMA POOL #376533 7.500% 6/15/24   1997-04-09 2024-03-15
31.56 GNMA POOL #465991 6.500% 3/15/28   1998-03-23 2024-03-15
22.91 GNMA PL #490800 6.000% 11/15/28   1998-12-04 2024-03-15
565. INTERCONTINENTAL EXCHANGE INC   2020-02-05 2024-03-25
1.23 GNMA POOL #376533 7.500% 6/15/24   1997-04-09 2024-04-15
31.75 GNMA POOL #465991 6.500% 3/15/28   1998-03-23 2024-04-15
23.04 GNMA PL #490800 6.000% 11/15/28   1998-12-04 2024-04-15
31.93 GNMA POOL #465991 6.500% 3/15/28   1998-03-23 2024-05-15
29.33 GNMA PL #490800 6.000% 11/15/28   1998-12-04 2024-05-15
165. AMERICAN EXPRESS CO   2023-02-22 2024-05-20
270. MCDONALDS CORP   2022-02-07 2024-05-20
287. ALPHABET INC CL A   2014-08-22 2024-06-05
1130.199 MFS INTL VALUE I   2020-10-01 2024-06-05
62. NVIDIA CORP   2019-02-15 2024-06-05
32.12 GNMA POOL #465991 6.500% 3/15/28   1998-03-23 2024-06-17
23.32 GNMA PL #490800 6.000% 11/15/28   1998-12-04 2024-06-17
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS 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 50,000   50,922 -922
b 49,798   49,950 -152
c 2   2  
d 30   30  
e 22   22  
2   2  
30   30  
22   22  
2   2  
30   30  
22   22  
160,000   136,416 23,584
48   5 43
2   2  
31   31  
22   22  
87,360   29,738 57,622
2   2  
31   31  
22   22  
48,595   70,000 -21,405
3   3  
31   31  
23   23  
3   3  
31   31  
23   23  
2   2  
31   31  
23   23  
3   3  
32   31 1
23   23  
76,808   52,617 24,191
1   1  
32   32  
23   23  
32   32  
29   29  
39,988   28,761 11,227
72,604   70,408 2,196
50,101   8,517 41,584
50,000   59,629 -9,629
75,360   2,451 72,909
32   32  
23   23  
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
      59,367
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       -922
b       -152
c        
d        
e        
       
       
       
       
       
       
      23,584
      43
       
       
       
      57,622
       
       
       
      -21,405
       
       
       
       
       
       
       
       
       
       
      1
       
      24,191
       
       
       
       
       
      11,227
      2,196
      41,584
      -9,629
      72,909
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 260,616
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 6,500
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 6,500
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 6,500
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 6,572
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,572
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 72
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow0 Refundedright arrow 11 72
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCT
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowWEBSTER BANK NA Telephone no.right arrow (203) 578-2448

Located atright arrow123 BANK STREETWATERBURYCT ZIP+4right arrow06702
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
WEBSTER BANK TRUSTEE
7 		70,409    
123 BANK STREET
WATERBURY,CT06702
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
10,615,555
b
Average of monthly cash balances.......................
1b
162,352
c
Fair market value of all other assets (see instructions)................
1c
50
d
Total (add lines 1a, b, and c).........................
1d
10,777,957
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
10,777,957
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
161,669
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
10,616,288
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
530,814
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
530,814
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
6,500
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
6,500
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
524,314
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
524,314
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
524,314
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
446,368
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
446,368
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 7 524,314
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 231,521
e From 2022...... 14,695
f Total of lines 3a through e ........ 246,216
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 446,368
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..... 446,368
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 77,946 77,946
(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 5 168,270
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		168,270
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 0
c Excess from 2021.... 153,575
d Excess from 2022.... 14,695
e Excess from 2023....  
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

UCONN Ratcliffe Hicks School of
Agriculture
W B YOUNG BUILDING ROOM 206
Storrs,CT062694090 		NONE PC GENERAL SUPPORT 424,000
Total .................................right arrow 3a 424,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 267,815  
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 ............ 		    18 260,616  
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) ..   528,431  
13Total. Add line 12, columns (b), (d), and (e)..................
13
528,431
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
HICKS SCHOOL TRUST A
EIN:
06-6035760
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 750 563   188

TY 2023 InvestmentsCorpBondsSchedule
Name:
HICKS SCHOOL TRUST A
EIN:
06-6035760
Name of Bond End of Year Book Value End of Year Fair Market Value
00206RDQ2 AT&T INC 4.25% 01 MA 50,435 48,830
06051GGC7 BANK OF AMERICA CORP 50,549 48,290

TY 2023 InvestmentsCorpStockSchedule
Name:
HICKS SCHOOL TRUST A
EIN:
06-6035760
Name of Stock End of Year Book Value End of Year Fair Market Value
00287Y109 ABBVIE INC 58,099 120,064
02079K305 ALPHABET INC-CL A 48,849 439,528
023135106 AMAZON.COM INC 18,530 270,550
037833100 APPLE INC 6,776 345,417
060505104 BANK OF AMERICA CORP 33,608 174,948
09247X101 BLACKROCK INC 22,520 125,971
126650100 CVS HEALTH CORP 55,445 87,232
14040H105 CAPITAL ONE FINANCIA 29,866 75,454
14448C104 CARRIER GLOBAL CORP 8,914 66,297
166764100 CHEVRON CORP 59,840 140,778
17275R102 CISCO SYSTEMS INC 63,399 119,535
22160K105 COSTCO WHOLESALE COR 31,874 178,498
235851102 DANAHER CORP 20,229 267,340
254687106 WALT DISNEY CO/THE 122,421 109,219
278865100 ECOLAB INC 36,535 166,838
30231G102 EXXON MOBIL CORP 15,210 138,144
311900104 FASTENAL CO 51,420 151,067
337738108 FISERV INC 23,377 251,132
369550108 GENERAL DYNAMICS COR 73,969 117,507
437076102 HOME DEPOT INC 48,005 86,060
438516106 HONEYWELL INTERNATIO 68,037 74,739
452308109 ILLINOIS TOOL WORKS 67,772 75,827
45866F104 INTERCONTINENTAL EXC    
46625H100 JPMORGAN CHASE & CO 14,416 170,910
478160104 JOHNSON & JOHNSON 45,321 117,805
580135101 MCDONALD'S CORP    
594918104 MICROSOFT CORP 28,351 446,950
67066G104 NVIDIA CORP 16,524 516,397
68389X105 ORACLE CORP 10,087 84,014
704326107 PAYCHEX INC 37,938 59,280
713448108 PEPSICO INC 23,219 32,986
717081103 PFIZER INC 28,993 56,128
742718109 PROCTER & GAMBLE CO/ 12,788 162,941
75513E101 RTX CORP    
79466L302 SALESFORCE INC 66,241 102,840
808513105 SCHWAB (CHARLES) COR 19,824 29,844
81762P102 SERVICENOW INC 37,168 66,867
883556102 THERMO FISHER SCIENT 26,458 282,030
89417E109 TRAVELERS COS INC/TH 29,143 149,658
92343V104 VERIZON COMMUNICATIO 26,981 38,601
92826C839 VISA INC-CLASS A SHA 72,368 123,361
931142103 WALMART INC 69,986 131,019
G29183103 EATON CORP PLC 55,982 112,878
G5960L103 MEDTRONIC PLC 95,000 81,465
025816109 AMERICAN EXPRESS CO 61,008 81,043
G1151C101 ACCENTURE PLC-CL A 130,017 141,086
90353T100 UBER TECHNOLOGIES IN 69,830 78,131
92338C103 VERALTO CORP 2,665 33,987
94106L109 WASTE MANAGEMENT INC 84,934 106,670

TY 2023 InvestmentsGovtObligationsSch
Name:
HICKS SCHOOL TRUST A
EIN:
06-6035760
US Government Securities - End of Year Book Value:

51,146
US Government Securities - End of Year Fair Market Value:

51,198
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 OtherAssetsSchedule
Name:
HICKS SCHOOL TRUST A
EIN:
06-6035760
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
150996AG1 HICKS CEMETERY LOT D 50 50 50
00143W875 INVESCO DEVELOP MRKT 238,250 238,250 266,485
09250J734 BLACKROCK EVNT DRVN 405,000 405,000 413,574
09260B887 BLACKROCK INCOME FUN 350,000 345,828 299,640
XXX-XX-XXXX CALAMOS MRKT NEU INC 365,000 365,000 400,786
19249L302 COHEN & STEERS LOW D 174,602 174,292 159,985
XXX-XX-XXXX DOUBLELINE TTL RTRN 399,630 399,630 325,083
31428Q101 FED HERM TTL RTRN BN 229,953 329,953 296,894
XXX-XX-XXXX GATEWAY FUND-Y 262,117 125,701 181,237
48121L114 JPMORGAN STRAT INC O 147,712 171,791 171,118
48127B862 JPMORGAN SMALL CAP E 250,000 250,000 259,340
XXX-XX-XXXX LORD ABBETT INVT TR 120,633 120,633 118,171
55273E822 MFS INTL INTRINSIC V 404,000 344,371 455,904
XXX-XX-XXXX MATTHEWS PACIFIC TIG 70,000 0 0
XXX-XX-XXXX T ROWE PR HIGH YIELD 149,198 149,198 153,395
92204A504 VANGUARD HEALTH CARE 91,348 91,348 210,140
97717Y527 WISDOMTREE FLOATING 540,720 490,770 489,768
46434V407 ISHARES 0-5 YR HY CO 50,081 50,081 51,273
09260C307 BLCKRCK SYST MULTI-S   159,980 165,355


TY 2023 OtherDecreasesSchedule
Name:
HICKS SCHOOL TRUST A
EIN:
06-6035760
Description Amount
2023 TRANSACTIONS POSTED IN 2024 7,247
RETURN OF CAPITAL 1,510
COST BASIS ADJUSTMENT 2,812


TY 2023 OtherExpensesSchedule
Name:
HICKS SCHOOL TRUST A
EIN:
06-6035760
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER ALLOCABLE EXPENSE-PRINCI 2,289 2,289   2,289
OTHER ALLOCABLE EXPENSE-INCOME 2,289 2,289   2,289


TY 2023 OtherIncreasesSchedule
Name:
HICKS SCHOOL TRUST A
EIN:
06-6035760
Description Amount
2022 TRANSACTIONS POSTED IN 2023 7,634


TY 2023 TaxesSchedule
Name:
HICKS SCHOOL TRUST A
EIN:
06-6035760
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL ESTIMATES - PRINCIPAL 1,822 0   0
FOREIGN TAXES ON QUALIFIED FOR 1,176 1,176   0
FOREIGN TAXES ON NONQUALIFIED 154 154   0