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
Wallace H Coulter Trust
 
Number and street (or P.O. box number if mail is not delivered to street address)790 NW 107th Avenue 215
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Miami, FL331723158
A Employer identification number

65-6310670
B Telephone number (see instructions)

(305) 559-2991
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$17,903,225J 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) 57,395
2 Check right arrow.............
3 Interest on savings and temporary cash investments 197,281 197,281  
4 Dividends and interest from securities... 451,494 451,494  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,142,274
b Gross sales price for all assets on line 6a 24,370,980
7 Capital gain net income (from Part IV, line 2)... 1,401,771
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ -436,104 2,050,546  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
69,560 0   69,560
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
50,013 50,013   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
13,695 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 13,842 0   13,842
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
54,106 675   53,431
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 201,216 50,688   136,833
25 Contributions, gifts, grants paid....... 16,364,150 16,345,000
26 Total expenses and disbursements. Add lines 24 and 25 16,565,366 50,688   16,481,833
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -17,001,470
b Net investment income (if negative, enter -0-) 1,999,858
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......... 7,382,571 2,896,942 2,896,942
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.......... 11,028 3,162 3,162
10a Investments—U.S. and state government obligations (attach schedule) 9,490,839 Click to see attachment
List of Attached Documents:
// Content
4,437,538 		4,486,171
b Investments—corporate stock (attach schedule)....... 6,173,522 Click to see attachment
List of Attached Documents:
// Content
4,988,247 		9,868,185
c Investments—corporate bonds (attach schedule)....... 3,543,431 0 0
11 Investments—land, buildings, and equipment: basis right arrow266,667
Less: accumulated depreciation (attach schedule) right arrow   385,348 Click to see attachment
List of Attached Documents:
// Content
266,667 		330,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,814,744 Click to see attachment
List of Attached Documents:
// Content
215,264 		215,264
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
117,571 		Click to see attachment
List of Attached Documents:
// Content
103,501 		Click to see attachment
List of Attached Documents:
// Content
103,501
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 29,919,054 12,911,321 17,903,225
Liabilities 17 Accounts payable and accrued expenses.......... 96,263 90,000
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)......... 96,263 90,000
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........... 29,822,791 12,821,321
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 29,822,791 12,821,321
30 Total liabilities and net assets/fund balances (see instructions). 29,919,054 12,911,321
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
29,822,791
2
Enter amount from Part I, line 27a .....................
2
-17,001,470
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
12,821,321
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
12,821,321
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b LP GAIN ON LIQUIDATION P    
c WRITE OFF OF PARTNERSHIP INVESTMENT P    
d LOSS ON ABANDONMENT OF LAND P    
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 21,826,936   22,850,528 -1,023,592
b 14,196     14,196
c 2,529,848     2,529,848
d     118,681 -118,681
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -1,023,592
b       14,196
c       2,529,848
d       -118,681
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,401,771
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 27,798
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 27,798
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 27,798
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 30,763
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 30,763
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 2,965
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow2,965 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
 
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
Yes
 
If "Yes," attach the statement required by General Instruction T.Click to see list of attachments
List of Attached Documents:
// Content
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 arrowFL
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
Yes
 
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 arrowSue Van Trustee Telephone no.right arrow (305) 559-2991

Located atright arrow790 NW 107th Ave 215MiamiFL ZIP+4right arrow331723158
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)
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
Sue Van President, CEO
40.00 		0 0 0
790 NW 107th Ave 215
Miami,FL33172
Wayne Barlin V. Pres., General Counsel
40.00 		0 0 0
790 NW 107th Ave 215
Miami,FL33172
Susan Racher V. Pres., CFO
40.00 		0 0 0
790 NW 107th Ave 215
Miami,FL33172
Susie Sands V. Pres., Asian Programs
40.00 		0 0 0
790 NW 107th Ave 215
Miami,FL33172
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
Deloitte & Touche LLP Audit 56,500
333 SE 2nd Avenue Suite 3600
Miami,FL33131
Northern Trust Company Investment Management/Custodial 50,013
50 South La Salle Street
Chicago,IL60675
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
16,933,774
b
Average of monthly cash balances.......................
1b
4,687,299
c
Fair market value of all other assets (see instructions)................
1c
651,927
d
Total (add lines 1a, b, and c).........................
1d
22,273,000
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
22,273,000
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
334,095
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
21,938,905
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,096,945
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,096,945
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
27,798
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
27,798
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,069,147
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,069,147
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,069,147
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
16,481,833
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
16,481,833
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,069,147
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...... 3,030,830
b From 2019...... 114,468
c From 2020...... 2,333,681
d From 2021......  
e From 2022...... 13,203,644
f Total of lines 3a through e ........ 18,682,623
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 16,481,833
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 1,069,147
e Remaining amount distributed out of corpus 15,412,686
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 34,095,309
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) ... 		3,030,830
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		31,064,479
10 Analysis of line 9:
a Excess from 2019.... 114,468
b Excess from 2020.... 2,333,681
c Excess from 2021....  
d Excess from 2022.... 13,203,644
e Excess from 2023.... 15,412,686
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 e-mail address of the person to whom applications should be addressed:
Wayne A Barlin General Counsel
790 NW 107th Ave Suite 215
Miami,FL33172
(305) 559-2991
bThe form in which applications should be submitted and information and materials they should include:
See explanation below
cAny submission deadlines:
See explanation below
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
The Wallace H. Coulter Trust continues Wallace's lifelong work through three main initiatives. The Translational Research Partnership Program promotes academic translational research based in biomedical engineering in order to improve patient care. The Biomedical Societies Program supports leading medical societies to bring the latest education and standards of care to resource-limited countries. The Asian American Pacific Islander and Native American Program focuses on building a consortium among organizations to establish one cohesive community to promote collaboration and partnership in civic engagement and health disparities.
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

A Healthier Democracy DBA Voter Inc

12 Mohawk St Unit 9
South Boston,MA02127 		  PC General Support 250,000

A Healthier Democracy DBA Voter Inc

12 Mohawk St Unit 9
South Boston,MA02127 		  PC General Support 250,000

Access Philanthropy Charities

2100 Stevens Avenue
Minneapolis,MN55404 		  PC General Support 250,000

AFN Education Fund

3000 A St Ste 210
Anchorage,AR99503 		  PC General Support 150,000

America Votes Education Fund

1155 Connecticut Avenue NW
Washington,DC20036 		  PC General Support 100,000

APANO Communities United Fund

8818 SE Division Street
Portland,OR97206 		  PC General Support 200,000

Asian & Pacific Islander American Vote

1612 K Street NW 600
Washington,DC20006 		  PC General Support 1,200,000

Asian American Community FundCenter for Empowered Politics Education Fund

1042 Grant Ave Ste 5
San Francisco,CA94133 		  PC General Support 500,000

Asian American Journalists Association

5 Third Street 1108
San Francisco,CA94103 		  PC General Support 350,000

Asian American Power Network Education FundCenter for Empowered Politics

1042 Grant Avenue 5th floor
San Francisco,CA941335025 		  PC General Support 500,000

Asian Americans Advancing Justice-Atlanta

5680 Oakbrook Parkway Suite 148
Norcross,GA30093 		  PC General Support 300,000

Asian and Pacific Islander American Vote - Michigan

POBox 12398
Hamtramck,MI48212 		  PC General Support 250,000

Asian and Pacific Islander American Vote - Michigan

POBox 12398
Hamtramck,MI48212 		  PC General Support 250,000

Asian Community Development Council

10275 Rainbow Boulevard Suite 253
Las Vegas,NV89145 		  PC General Support 400,000

Asian Counseling and Referral Service

3639 Martin Luther King Jr Way S
Seattle,WA98144 		  PC General Support 300,000

Asian Pacific American Institute for Congressional Studies Inc

1001 Connecticut Avenue NW 320
Washington,DC20036 		  PC General Support 150,000

Asian Pacific Institute on Gender-Based Violence

500 12th Street Suite 330
Oakland,CA94607 		  PC General Support 150,000

Asian Services in Action Inc

370 East Market Street
Akron,OH44304 		  PC General Support 200,000

CAPI USA

5930 Brooklyn Boulevard
Minneapolis,MN55429 		  PC General Support 175,000

Center for Empowered Politics Education Fund

1042 Grant Ave Ste 5
San Francisco,CA94133 		  PC General Support 500,000

Center on Civic Engagement

1825 K Street NW Suite 450
Washington,DC20006 		  PC General Support 300,000

Chinatown Progressive Association aka Chinese Progressive Association Bosto

28 Ash Street
Boston,MA02111 		  PC General Support 200,000

Community PartnersEmpowering Pacific Islander Communities

1000 North Alameda Street Suite 240
Los Angeles,CA90012 		  PC General Support 200,000

Donors of Color Network Inc

660 Pennsylvania Avenue SE
Washington,DC20003 		  PC General Support 170,000

Every Voice TX dba Asian Texans for Justice

13010 N Highway 183 Suite 201
Austin,TX78750 		  PC General Support 200,000

Fair Elections Center

1825 K Street NW Suite 450
Washington,DC20006 		  PC General Support 75,000

First Alaskans Institute

606 E St Suite 200
Anchorage,AK99501 		  PC General Support 100,000

Freedom Inc

2030 South Park Street
Madison,WI53713 		  PC General Support 450,000

Indian American Impact Project

122 C Street NW
Washington,DC20001 		  PC General Support 350,000

Institute for Asian Pacific American Leadership & Advancement

815 16th Street NW 2nd Floor-IAPALA
Washington,DC20006 		  PC General Support 250,000

Minkwon Center for Community Action Inc

133-29 42st Avenue 202
Flushing,NY11355 		  PC General Support 100,000

NAEVA

7906 Menaul Blvd NE
Albuquerque,NM87110 		  PC General Support 250,000

National Congress of American Indians Fund

1516 P St NW
Washington,DC20005 		  PC General Support 250,000

National Council of Asian Pacific AmericansTides Center

1012 Torney Avenue
San Francisco,CA94129 		  PC General Support 300,000

National Partnership for New Americans

1805 S Ashland Avenue
Chicago,IL60608 		  PC General Support 300,000

National Tongan American Society

5296 S Commerce Drive 204
Murray,UT84107 		  PC General Support 175,000

National Urban Indian Family Coalition

4000 Aurora Avenue North Suite 214
Seattle,WA98103 		  PC General Support 650,000

Native American Rights Fund

250 Arapahoe Avenue
Boulder,CO80302 		  PC General Support 250,000

New American Leaders

530 7th Avenue
New York,NY10018 		  PC General Support 150,000

New Virginia Majority Education Fund

3801 Mount Vernon Ave
Alexandria,VA22305 		  PC General Support 250,000

New Virginia Majority Education Fund

3801 Mount Vernon Ave
Alexandria,VA22305 		  PC General Support 250,000

New York Immigration Coalition

131 West 33rd St Suite 610
New York,NY10001 		  PC General Support 450,000

Nonprofit VOTE Inc

125 Cambridgepark Drive
Cambridge,MA02140 		  PC General Support 75,000

North Carolina Asian Americans Together

711 Hillsborough Street Suite 102
Raleigh,NC27603 		  PC General Support 500,000

One Arizona

3104 E Camelback Road
Phoenix,AZ85016 		  PC General Support 200,000

Orange County Asian and Pacific Islander Community Alliance

12912 Brookhurst Street Suite 410
Garden Grove,CA92840 		  PC General Support 100,000

Organization of Chinese Americans of Greater Houston

9800 Town Park Suite 142
Houston,TX77036 		  PC General Support 200,000

Organization of Chinese Americans of Greater Houston

9800 Town Park Suite 142
Houston,TX77036 		  PC General Support 100,000

Power Coalition for Equity and Justice

2022 St Bernard Ave Suite 310
New Orleans,LA70116 		  PC General Support 300,000

Progress AlaskaNeo Philanthropy

1001 Avenue of the Americas
New York,NY10018 		  PC General Support 250,000

Rising Voices FundCenter for Empowered Politics Education Fund

1042 Grant Avenue 5th floor
San Francisco,CA94133 		  PC General Support 150,000

Sacred Pipe Resource Center

925 Basin Avenue Suite2
Bismarck,ND58504 		  PC General Support 100,000

Santa Clara County Asian Law Alliance

991 West Hedding Street Suite 202
San Jose,CA95126 		  PC General Support 100,000

Sikh American Legal Defense and Education Fund Inc

1612 K Street NW Suite 600
Washington,DC20006 		  PC General Support 250,000

South Asian American Voter Empowerment TX Education FundNEO Philanthropy

5841 Bershire Lane
Dallas,TX75209 		  PC General Support 150,000

South Asian American Voter Empowerment TX Education FundNEO Philanthropy

5841 Bershire Lane
Dallas,TX75209 		  PC General Support 150,000

South Asian Americans Leading Together Inc

8403 Colesville Road Suite 1100
Silver Springs,MD20910 		  PC General Support 150,000

State Voices

1616 P Street NW Suite 220
Washington,DC20036 		  PC General Support 250,000

Tennessee Immigrant & Refugee Rights Coalition

3310 Ezell Road
Nashville,TN37211 		  PC General Support 250,000

Tennessee Immigrant & Refugee Rights Coalition

3310 Ezell Road
Nashville,TN37211 		  PC General Support 500,000

Virginia PlusNEO Philanthropy

1001 Avenue of the Americas
New York,NY10018 		  PC General Support 100,000

Western Native Voice Education Project

80 25th Street W
Billings,MT59102 		  PC General Support 250,000

Western Organization of Resource Councils Education Project

220 S 27th Street B
Billings,MT59101 		  PC General Support 125,000
Total .................................right arrow 3a 16,345,000
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 ........... 		    14 197,281  
4 Dividends and interest from securities ....     14 451,494  
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 -1,142,274  
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) .. 0 -493,499 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-493,499
(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
Wallace H Coulter Trust
 
Employer identification number

65-6310670
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
Wallace H Coulter Trust
  		Employer identification number
65-6310670
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
Wallace H Coulter Foundation
 
790 NW 107th Ave
 
Miami, FL331723158

$ 57,395


(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
Wallace H Coulter Trust
  		Employer identification number

65-6310670
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
 
$    
(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
Wallace H Coulter Trust
  		Employer identification number

65-6310670
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:
Wallace H Coulter Trust
EIN:
65-6310670
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT FEES 56,500 0   56,500
TAX FEES 13,060 0   13,060

TY 2023 DissolutionStmt
Name:
Wallace H Coulter Trust
EIN:
65-6310670
Dissolution Name Dissolution Address Explanation Dissolution Amount
SEE PART XIV GRANTS PAID 790 NW 107TH AVENUE 215
MIAMI,FL33172 		WALLACE H. COULTER TRUST MET THE DEFINITION OF A SUBSTANTIAL CONTACTION DURING THE TAX YEAR 2023 BECAUSE OF ITS DISTRIBUTIONS. PLEASE SEE PART XIV FOR DETAILS OF THESE DISTRIBUTIONS. 16,345,000


TY 2023 GeneralExplanationAttachment
Name:
Wallace H Coulter Trust
EIN:
65-6310670
Identifier Return Reference Explanation
STATEMENT OF CONTROLLED ENTITIES FORM 990-PF PART VI-A, LINE 11 NAME OF CONTROLLED ENTITY: WALLACE H. COULTER FOUNDATIONEMPLOYER ID NO: 31-1546126ADDRESS: 790 NW 107TH AVE MIAMI FL, 33172EXCESS BUSINESS HOLDING: NO
Supplemental Disclosure to Form 990-PF SUPPLEMENTAL DISCLOSURE For the tax year ended December 31, 2022 the Trusts net unrealized gains on investments per books in the amount of $15,810,598 are not included on Page 1, Part I column (a).

TY 2023 InvestmentsCorpStockSchedule
Name:
Wallace H Coulter Trust
EIN:
65-6310670
Name of Stock End of Year Book Value End of Year Fair Market Value
MFC ETF I SHARES MSCI EAFE 17,434 18,235
MFO VANGUARD 500 INDEX FD ADMIRAL SHS 3,038,977 7,138,561
ADR DEUTSCHE TELEKOM AG SPONSORED ADR 32,792 59,891
ADR TOTALENERGIES SE SPONSORED ADR 32,666 62,394
ADR 3I GROUP ADR 51,163 95,944
SANOFI SPONSORED ADR 36,897 47,741
ADR VEOLIA ENVIRONNEMENT SPONSORED ADR 41,501 53,201
COCA-COLA EUROPACIFIC PARTNERS 58,033 61,201
ADR COCA-COLA FEMSA S.A.B DE C.V. 48,834 80,255
ADR KOMATSU LTD SPONSORED ISIN 78,993 76,141
ADR MICHELIN COMPAGNIE GENERALE DES 32,733 44,918
ADR TOYOTA MTR CORP SPONSORED ADR 57,215 73,719
ADR NOVARTIS AG 29,532 93,094
ADR SOFTBANK CORP ADR 81,235 84,163
ADR SIEMENS AG COM DM50 (NEW) 49,936 103,455
ADR XINYI GLASS HLDGS LTD ADS REPSTG 20 SHS 37,979 17,910
ADR NN GROUP NV ADR 53,170 55,785
ADR DNB BK ASA SPONSORED ADR 50,880 51,966
ADR ZURICH INS GROUP LTD SPONSORED 28,250 79,944
ADR BNP PARIBAS SPONSORED ADR REPSTG 62,847 82,646
ASE TECHNOLOGY HOLDING CO LTD 30,042 56,648
ADR COMPAGNIE DE ST GOBAIN ADR 40,518 62,481
DEUTSCHE POST AG SPONSORED ADR 47,299 53,760
ADR TOKIO MARINE HLDGS INC ADR COM STK 62,544 85,675
SVENSKA HANDELSBANKEN AB ADR 41,802 41,786
ADR ADR SONIC HEALTHCARE SPON ADR EACH REP 1 ORD SHS 30,344 44,066
ADR TESCO PLC SPONSORED ADR NEW 7,659 7,700
ADR UNITED OVERSEAS BK LTD SPONSORED ADRISIN #US9112713022 44,065 71,455
ADR IBERDROLA S A SPONSORED ADR REPSTG 1ORD SHS 24,499 40,898
ADR BHP GROUP LTD SPONSORED ADR 44,258 52,599
ADR RIO TINTO PLC SPONSORED ADR 68,235 70,290
BCE INC COM NEW COM NEW 49,684 46,232
ROYAL DUTCH SHELL PLC SPONSORED ADR 57,345 68,300
ADR ENEL SOCIETA PER AZIONI ADR 46,002 50,944
ADR UPM KYMMENE CORP ADR 52,716 68,418
ADR NESTLE S A SPONSORED ADR REPSTG REG SH 28,586 76,547
ADR SMURFIT KAPPA GROUP PLC ADR 24,416 35,882
ADR WOODSIDE ENERGY GROUP LTD SPONSORED ADR 50,845 40,915
ADR VOLVO AB ADR 28,076 33,313
ADR NIPPON TELEG & TEL CORP SPONSORED ADR 49,428 96,148
ADR ROCHE HLDG LTD SPONSORED ADR ISIN 16,934 34,563
ADR TOKYO ELECTRON LTD ADR 39,975 75,247
ADR MERCEDES-BENZ GROUP AG ADR 58,376 52,185
POWER CORP CDA COM POWER CORPORATION OF CANADAF- 68,107 60,953
ADR MUNICH RE GROUP ADR 16,527 49,757
ADR BAE SYS PLC SPONSORED ADR 38,898 110,259

TY 2023 InvestmentsGovtObligationsSch
Name:
Wallace H Coulter Trust
EIN:
65-6310670
US Government Securities - End of Year Book Value:

4,437,538
US Government Securities - End of Year Fair Market Value:

4,486,171
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsLandSchedule2
Name:
Wallace H Coulter Trust
EIN:
65-6310670
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
STORAGE FACILITY-BUILDING AND LAND 266,667 0 266,667 330,000

TY 2023 InvestmentsOtherSchedule2
Name:
Wallace H Coulter Trust
EIN:
65-6310670
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Art Objects FMV 215,264 215,264

TY 2023 LiquidationExplanationStmt
Name:
Wallace H Coulter Trust
EIN:
65-6310670
Statement:
WALLACE H. COULTER TRUST MET THE DEFINITION OF A SUBSTANTIAL CONTACTION DURING THE TAX YEAR 2023 BECAUSE OF ITS DISTRIBUTIONS. PLEASE SEE PART XIV FOR DETAILS OF THESE DISTRIBUTIONS.


TY 2023 OtherAssetsSchedule
Name:
Wallace H Coulter Trust
EIN:
65-6310670
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INTEREST AND DIVIDENDS RECEIVABLE 41,204 12,553 12,553
FEDERAL EXCISE TAX PAYABLE 76,367 90,948 90,948


TY 2023 OtherExpensesSchedule
Name:
Wallace H Coulter Trust
EIN:
65-6310670
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 3,431 0   3,431
MISCELLANEOUS EXPENSE 675 675   0
SPONSORSHIP 50,000 0   50,000


TY 2023 OtherProfessionalFeesSchedule
Name:
Wallace H Coulter Trust
EIN:
65-6310670
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SECURITIES MANAGEMENT 20,018 20,018   0
SECURITIES CUSTODIAL FEES 29,995 29,995   0


TY 2023 TaxesSchedule
Name:
Wallace H Coulter Trust
EIN:
65-6310670
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 13,695 0   0