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
WILLIAM J WATSON IRREVOCABLE TRUST XXXXX5001
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

36-6014834
B Telephone number (see instructions)

(800) 496-2583
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$10,481,190J 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... 249,039 238,567  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -11,706
b Gross sales price for all assets on line 6a 2,032,245
7 Capital gain net income (from Part IV, line 2)... 0
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........ 237,333 238,567  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 91,647 57,273   34,374
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).......        
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
11,461 6,524   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
15     15
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 103,123 63,797 0 34,389
25 Contributions, gifts, grants paid....... 501,581 501,581
26 Total expenses and disbursements. Add lines 24 and 25 604,704 63,797 0 535,970
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -367,371
b Net investment income (if negative, enter -0-) 174,770
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.............      
2 Savings and temporary cash investments......... 252,065 221,291 221,291
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)      
b Investments—corporate stock (attach schedule)....... 5,762,069 Click to see attachment
List of Attached Documents:
// Content
5,257,535 		7,920,413
c Investments—corporate bonds (attach schedule)....... 1,803,003 Click to see attachment
List of Attached Documents:
// Content
1,944,014 		1,840,535
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).......... 469,494 Click to see attachment
List of Attached Documents:
// Content
494,023 		498,951
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,286,631 7,916,863 10,481,190
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........ 8,286,631 7,916,863
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)..... 8,286,631 7,916,863
30 Total liabilities and net assets/fund balances (see instructions). 8,286,631 7,916,863
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
8,286,631
2
Enter amount from Part I, line 27a .....................
2
-367,371
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
11,557
4
Add lines 1, 2, and 3 ..........................
4
7,930,817
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
13,954
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,916,863
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 19. ALPHABET INC-CL A   2016-07-11 2023-01-06
b 29. ALPHABET INC-CL A   2016-07-11 2023-01-06
c 10. APPLE COMPUTER INC   2014-04-29 2023-01-06
d 7. APPLE COMPUTER INC   2014-04-29 2023-01-06
e 2103.279 FIDELITY 500 INDEX FUND   2020-06-19 2023-01-23
36. AMEREN CORP   2022-05-10 2023-01-25
6. AMEREN CORP   2022-05-10 2023-01-25
4. O'REILLY AUTOMOTIVE INC   2017-05-05 2023-01-25
4. O'REILLY AUTOMOTIVE INC   2020-04-16 2023-02-07
6. O'REILLY AUTOMOTIVE INC   2020-04-16 2023-02-08
1556.325 FIDELITY 500 INDEX FUND   2021-11-01 2023-02-13
97. JPMORGAN BETABUILDERS DEVELO   2021-10-29 2023-02-13
10352.293 SIX CIRCLES CREDIT OPPORT   2020-11-18 2023-02-13
27. BOOZ ALLEN HAMILTON HOLDINGS   2022-03-08 2023-03-07
3. BOOZ ALLEN HAMILTON HOLDINGS   2022-03-08 2023-03-07
44. BOOZ ALLEN HAMILTON HOLDINGS   2022-03-08 2023-03-07
27. BOOZ ALLEN HAMILTON HOLDINGS   2022-05-19 2023-03-08
5. BOOZ ALLEN HAMILTON HOLDINGS   2022-07-01 2023-03-09
132.388 FIDELITY 500 INDEX FUND   2022-02-01 2023-03-17
226. JPMORGAN BETABUILDERS EUROPE ETF   2023-01-23 2023-03-17
839. VANGUARD BD INDEX TOTAL BD MKT ETF   2021-05-19 2023-03-17
629.407 VANGUARD TTL INTL BND-ADM   2019-09-24 2023-03-17
41. TRANE TECHNOLOGIES PLC   2021-02-19 2023-03-24
1. TRANE TECHNOLOGIES PLC   2021-02-22 2023-03-27
24. NXP SEMICONDUCTORS NV   2019-02-20 2023-03-28
1. NXP SEMICONDUCTORS NV   2019-02-21 2023-03-28
4. NXP SEMICONDUCTORS NV   2020-01-23 2023-03-29
4. NXP SEMICONDUCTORS NV   2020-01-23 2023-03-29
1. NXP SEMICONDUCTORS NV   2020-01-23 2023-03-30
1. NXP SEMICONDUCTORS NV   2020-01-23 2023-03-30
1. NXP SEMICONDUCTORS NV   2020-01-23 2023-03-30
1. NXP SEMICONDUCTORS NV   2020-01-23 2023-03-30
1. NXP SEMICONDUCTORS NV   2020-01-23 2023-03-30
3300.11 FIDELITY INTL INDX-INST PRM   2020-06-19 2023-06-16
726. JPMORGAN BETABUILDERS CANADA   2018-08-14 2023-06-16
810.246 FIDELITY 500 INDEX FUND   2022-02-01 2023-06-22
12. LILLY ELI & CO   2016-12-16 2023-06-23
19. ABBVIE INC   2019-11-11 2023-07-07
6. LILLY ELI & CO   2016-12-16 2023-07-07
3. REGENERON PHARMACEUTICALS INC   2021-01-28 2023-07-07
3. JPMORGAN BETABUILDERS EUROPE ETF   2023-01-23 2023-07-25
1. JPMORGAN BETABUILDERS EUROPE ETF   2023-01-23 2023-07-25
706. JPMORGAN BETABUILDERS EUROPE ETF   2023-01-23 2023-07-25
1149. JPMORGAN BETABUILDERS EUROPE ETF   2023-01-23 2023-07-25
. VALEANT PHARMACEUTICALS INTE     2023-08-01
9522.879 BLACKROCK EVNT DRVN EQ-INST   2019-11-22 2023-08-03
4743.542 PIMCO UNCONSTRAINED BD FD INSTL CL*   2021-07-22 2023-08-03
1. THERMO ELECTRON CORP   2020-01-13 2023-09-12
1. THERMO ELECTRON CORP   2020-01-13 2023-09-12
9. THERMO ELECTRON CORP   2020-01-13 2023-09-12
2. THERMO ELECTRON CORP   2020-01-14 2023-09-13
2. THERMO ELECTRON CORP   2020-04-16 2023-09-13
3. THERMO ELECTRON CORP   2020-04-16 2023-09-13
6. THERMO ELECTRON CORP   2020-06-24 2023-09-13
1. THERMO ELECTRON CORP   2020-07-10 2023-09-14
2. THERMO ELECTRON CORP   2020-07-10 2023-09-14
1. THERMO ELECTRON CORP   2020-07-10 2023-09-14
1. THERMO ELECTRON CORP   2020-07-10 2023-09-15
1. THERMO ELECTRON CORP   2020-07-10 2023-09-18
490.402 FIDELITY 500 INDEX FUND   2022-02-01 2023-09-21
4205.851 SIX CIRCLES INTL UNCON EQ   2018-10-26 2023-09-21
86. NIKE INC   2022-12-01 2023-09-22
46. NIKE INC   2021-02-17 2023-09-22
41. RTX CORP   2023-03-07 2023-09-25
68. RTX CORP   2022-06-30 2023-09-25
5. LILLY ELI & CO   2016-12-16 2023-10-27
15. DEERE & CO   2021-08-19 2023-11-08
1. DEERE & CO   2021-08-19 2023-11-09
2005. ISHARES US TREASURY BOND ETF   2021-05-05 2023-12-04
2000. ISHARES US TREASURY BOND ETF   2021-05-05 2023-12-04
7654.925 VANGUARD TTL BD MKT IDX-ADM   2019-02-12 2023-12-04
915. VANGUARD BD INDEX TOTAL BD MKT ETF   2021-05-19 2023-12-04
915. VANGUARD BD INDEX TOTAL BD MKT ETF   2022-08-12 2023-12-04
380. ISHARES TR S & P MIDCAP 400 INDEX FD   2023-07-25 2023-12-13
38. AMEREN CORP   2022-05-10 2023-12-18
30. AMEREN CORP   2022-05-11 2023-12-18
12. AMEREN CORP   2022-08-25 2023-12-18
4. AMEREN CORP   2023-09-22 2023-12-19
6. AMEREN CORP   2022-08-25 2023-12-19
18. AMEREN CORP   2023-09-22 2023-12-19
10. AMEREN CORP   2023-09-22 2023-12-19
6207.955 SIX CIRCLES US UNCONSTR EQ   2018-10-26 2023-12-22
4249.566 SIX CIRCLES GLOBAL BOND   2020-09-23 2023-12-22
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,638   691 947
b 2,473   1,054 1,419
c 1,263   212 1,051
d 880   148 732
e 293,365   274,122 19,243
3,099   3,321 -222
519   550 -31
3,202   1,131 2,071
3,209   1,481 1,728
4,714   2,427 2,287
223,628   248,695 -25,067
5,104   5,542 -438
92,446   105,346 -12,900
2,595   2,287 308
288   253 35
4,198   3,623 575
2,500   2,357 143
462   453 9
18,048   20,896 -2,848
11,260   11,978 -718
61,740   71,154 -9,414
12,349   14,823 -2,474
7,425   6,303 1,122
183   155 28
4,154   2,256 1,898
173   94 79
707   547 160
709   547 162
181   137 44
183   137 46
181   137 44
182   137 45
181   137 44
154,379   150,651 3,728
44,375   36,061 8,314
123,643   127,889 -4,246
5,498   873 4,625
2,581   1,624 957
2,719   436 2,283
2,088   1,523 565
166   159 7
55   53 2
39,036   37,418 1,618
63,555   60,897 2,658
101     101
92,848   94,943 -2,095
45,538   51,230 -5,692
511   332 179
511   332 179
4,599   2,992 1,607
1,017   662 355
1,036   658 378
1,540   1,005 535
3,108   2,121 987
515   383 132
1,015   766 249
515   383 132
519   383 136
509   383 126
73,943   77,405 -3,462
42,395   37,222 5,173
7,862   10,223 -2,361
4,205   6,477 -2,272
2,914   4,066 -1,152
4,833   6,524 -1,691
2,790   364 2,426
5,546   5,380 166
372   359 13
45,067   52,969 -7,902
44,945   46,092 -1,147
72,186   80,928 -8,742
65,415   73,808 -8,393
65,406   69,725 -4,319
102,800   103,063 -263
2,720   3,543 -823
2,134   2,837 -703
855   1,148 -293
286   321 -35
429   574 -145
1,295   1,444 -149
717   802 -85
91,878   59,100 32,778
36,036   42,289 -6,253
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       947
b       1,419
c       1,051
d       732
e       19,243
      -222
      -31
      2,071
      1,728
      2,287
      -25,067
      -438
      -12,900
      308
      35
      575
      143
      9
      -2,848
      -718
      -9,414
      -2,474
      1,122
      28
      1,898
      79
      160
      162
      44
      46
      44
      45
      44
      3,728
      8,314
      -4,246
      4,625
      957
      2,283
      565
      7
      2
      1,618
      2,658
      101
      -2,095
      -5,692
      179
      179
      1,607
      355
      378
      535
      987
      132
      249
      132
      136
      126
      -3,462
      5,173
      -2,361
      -2,272
      -1,152
      -1,691
      2,426
      166
      13
      -7,902
      -1,147
      -8,742
      -8,393
      -4,319
      -263
      -823
      -703
      -293
      -35
      -145
      -149
      -85
      32,778
      -6,253
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 -11,706
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 2,429
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 2,429
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 2,429
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 3,336
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 3,336
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 10 907
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow907 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$   (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 arrowIL
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 arrowJP MORGAN CHASE BANK NA Telephone no.right arrow (800) 496-2583

Located atright arrow10 S DEARBORN ST MC IL 1-0111CHICAGOIL ZIP+4right arrow60603
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)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
JP MORGAN CHASE BANK NA TRUSTEE
2 		91,647    
10 S DEARBORN ST MC IL 1-0111
CHICAGO,IL60603
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
9,755,067
b
Average of monthly cash balances.......................
1b
136,557
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
9,891,624
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
9,891,624
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
148,374
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
9,743,250
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
487,163
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
487,163
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
2,429
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,429
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
484,734
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
484,734
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
484,734
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
535,970
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
535,970
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 7 484,734
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 15,744
b From 2019...... 32,790
c From 2020...... 44,506
d From 2021...... 0
e From 2022...... 38,463
f Total of lines 3a through e ........ 131,503
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 535,970
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..... 484,734
e Remaining amount distributed out of corpus 51,236
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 5 182,739
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		15,744
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		166,995
10 Analysis of line 9:
a Excess from 2019.... 32,790
b Excess from 2020.... 44,506
c Excess from 2021.... 0
d Excess from 2022.... 38,463
e Excess from 2023.... 51,236
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

CHICAGO HOME FOR INCURABLES

50 S LASALLE ST STE B-4
CHICAGO,IL60675 		NONE PC GENERAL 50,158

THE GADS HILL CENTER

1919 WEST CULLERTON
CHICAGO,IL60608 		NONE PC GENERAL 50,158

GLENWOOD SCHOOL

500 WEST 187TH STREET
CHICAGO,IL60425 		NONE PC GENERAL 50,158

METROPOLITAN FAMILY SERVICES

ONE NORTH DEARBRON ST
CHICAGO,IL60602 		NONE PC GENERAL 100,317

ADMIRAL AT THE LAKE

929 WEST FOSTER AVE
CHICAGO,IL60640 		NONE PC GENERAL 50,158

UNIVERSITY OF CHICAGO

1427 E 60TH STREET SUITE 120
CHICAGO,IL60637 		NONE PC GENERAL 50,158

YOUNG MEN'S CHRISTIAN
ASSOCIATION
801 N DEARBORN STREET
CHICAGO,IL60610 		NONE PC GENERAL 50,158

CHILDREN'S CARE FOUNDATION

333 N MICHIGAN AVE STE 2131
CHICAGO,IL60601 		NONE PF GENERAL 50,158

UCAN

1940 LONG BEACH AVE
VERNON,CA90058 		NONE PC GENERAL 50,158
Total .................................right arrow 3a 501,581
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 ....     14 249,039  
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 -11,706  
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) ..   237,333  
13Total. Add line 12, columns (b), (d), and (e)..................
13
237,333
(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


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Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

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TY 2023 ExpenditureResponsibilityStmt
Name:
WILLIAM J WATSON IRREVOCABLE TRUST XXXXX5001
EIN:
36-6014834
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
CHILDRENS CARE FOUNDATION
  		333 N MICHIGAN AVE STE 2131
CHICAGO,IL60601 		2023-12-29 50,158 TO FUND A PEDIATRIC MOBILE UNIT PROVIDING FREE PRIMARY MEDICAL CARE TO CHILDREN FROM POOR FAMILIES LIVING IN LOYOLA'S SERVICE AREA. 50,158 TO THE KNOWLEDGE OF THE GRANTOR, NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. 03/27/2024 2024-03-27 NO VERIFICATION UNDERTAKEN AS THERE HAS BEEN NO REASON TO DOUBT THE USE OF THE GRANT.

TY 2023 InvestmentsCorpBondsSchedule
Name:
WILLIAM J WATSON IRREVOCABLE TRUST XXXXX5001
EIN:
36-6014834
Name of Bond End of Year Book Value End of Year Fair Market Value
921937603 VANGUARD TTL BD MKT    
92203J308 VANGUARD TTL INTL BN 115,379 102,501
54401E143 LORD ABBETT SHRT DUR 195,952 183,492
83002G702 SIX CIRCLES GLOBAL B 374,894 313,220
83002G884 SIX CIRCLES CREDIT O 195,019 191,210
92206C771 VANGUARD MORTGAGE-BA 99,871 85,720
46429B267 ISHARES US TREASURY    
921937835 VANGUARD TOTAL BOND 281,235 278,534
92203J407 VANGUARD TOTAL INTL 316,238 312,974
92206C847 VANGUARD LONG-TERM T 60,952 58,330
92206C870 VANGUARD INT-TERM CO 304,474 314,554

TY 2023 InvestmentsCorpStockSchedule
Name:
WILLIAM J WATSON IRREVOCABLE TRUST XXXXX5001
EIN:
36-6014834
Name of Stock End of Year Book Value End of Year Fair Market Value
101137107 BOSTON SCIENTIFIC CO 6,318 14,510
110122108 BRISTOL-MYERS SQUIBB 17,181 13,751
438516106 HONEYWELL INTERNATIO 5,321 13,631
464287465 ISHARES MSCI EAFE ET 157,340 186,039
532457108 ELI LILLY & CO 3,260 13,407
548661107 LOWE'S COS INC 2,673 9,792
594918104 MICROSOFT CORP 15,899 101,155
609207105 MONDELEZ INTERNATION 5,534 9,778
617446448 MORGAN STANLEY 8,423 19,303
713448108 PEPSICO INC 9,767 14,946
723787107 PIONEER NATURAL RESO 7,429 14,167
882508104 TEXAS INSTRUMENTS IN 10,162 18,751
949746101 WELLS FARGO & CO 13,477 18,654
02079K107 ALPHABET INC-CL C 15,420 50,735
02079K305 ALPHABET INC-CL A 1,672 6,426
09062X103 BIOGEN INC 11,484 10,610
30303M102 META PLATFORMS INC-C 21,609 42,121
57636Q104 MASTERCARD INC - A 16,903 35,400
65339F101 NEXTERA ENERGY INC 20,477 16,035
67103H107 O'REILLY AUTOMOTIVE    
78462F103 SPDR S&P 500 ETF TRU 1,176,756 2,811,934
91324P102 UNITEDHEALTH GROUP I 14,335 43,697
94106B101 WASTE CONNECTIONS IN 5,464 10,897
023135106 AMAZON.COM INC 33,005 57,889
032654105 ANALOG DEVICES INC 9,243 11,914
037833100 APPLE INC 6,948 52,176
060505104 BANK OF AMERICA CORP 13,070 16,263
655844108 NORFOLK SOUTHERN COR 11,901 15,601
67066G104 NVIDIA CORP 14,315 47,046
025816109 AMERICAN EXPRESS CO 8,368 12,552
315911750 FIDELITY 500 INDEX F 182,180 192,479
83002G306 SIX CIRCLES US UNCON 1,091,518 1,464,996
83002G405 SIX CIRCLES INTL UNC 881,213 946,395
G5494J103 LINDE PLC    
00287Y109 ABBVIE INC 13,482 22,161
337738108 FISERV INC 11,006 11,690
580135101 MCDONALD'S CORP 12,862 16,901
N6596X109 NXP SEMICONDUCTORS N 16,615 24,576
007903107 ADVANCED MICRO DEVIC 12,240 18,574
09857L108 BOOKING HOLDINGS INC 11,970 24,831
315911727 FIDELITY INTL INDX-I 165,181 179,254
461202103 INTUIT INC 10,914 20,626
518439104 ESTEE LAUDER COMPANI 5,163 5,119
75513E101 RAYTHEON TECHNOLOGIE    
883556102 THERMO FISHER SCIENT 5,152 5,308
N07059210 ASML HOLDING NV-NY R 5,410 9,840
20825C104 CONOCOPHILLIPS 17,624 28,321
22160K105 COSTCO WHOLESALE COR 12,021 15,842
244199105 DEERE & CO 15,423 16,795
363576109 ARTHUR J GALLAGHER & 8,528 13,493
43300A203 HILTON WORLDWIDE HOL 8,093 11,654
45687V106 INGERSOLL RAND INC C 6,836 10,209
46120E602 INTUITIVE SURGICAL I 9,158 9,783
46641Q191 JPMORGAN BETABUILDER 200,245 213,344
46641Q217 JPMORGAN BETABUILDER 351,583 324,206
46641Q225 JPMORGAN BETABUILDER 196,235 267,701
46641Q233 JPMORGAN BETABUILDER 213,564 185,068
654106103 NIKE INC -CL B    
679580100 OLD DOMINION FREIGHT 9,080 12,971
75886F107 REGENERON PHARMACEUT 8,877 13,174
G29183103 EATON CORP PLC 8,610 15,653
G8994E103 TRANE TECHNOLOGIES P    
023608102 AMEREN CORPORATION    
099502106 BOOZ ALLEN HAMILTON    
30231G102 EXXON MOBIL CORP 19,863 17,796
61174X109 MONSTER BEVERAGE COR 10,743 13,711
743315103 PROGRESSIVE CORP 14,205 19,114
78409V104 S&P GLOBAL INC 11,074 13,656
872590104 T-MOBILE US INC 11,494 12,987
573284106 MARTIN MARIETTA MATE 14,500 16,963
842587107 SOUTHERN CO/THE 5,642 5,539
863667101 STRYKER CORP 12,714 12,877
872540109 TJX COMPANIES INC 8,116 9,287
G54950103 LINDE PLC 14,647 28,339

TY 2023 InvestmentsOtherSchedule2
Name:
WILLIAM J WATSON IRREVOCABLE TRUST XXXXX5001
EIN:
36-6014834
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
09257V508 BLACKSTONE ALT MULTI AT COST 199,133 193,929
09250J734 BLACKROCK EVNT DRVN      
64128R608 NEUBERGER BERMAN LON AT COST 83,263 96,893
72201M487 PIMCO DYNAMIC BOND-I AT COST 56,384 52,738
024525669 AMERICAN BEACON AHL AT COST 51,748 51,231
72201U638 PIMCO MRTG OPP & BND AT COST 103,495 104,160

TY 2023 OtherDecreasesSchedule
Name:
WILLIAM J WATSON IRREVOCABLE TRUST XXXXX5001
EIN:
36-6014834
Description Amount
2023 TRANSACTIONS POSTED IN 2024 12,932
SALES FOUND UPDATE 1,014
ROUNDING 5
RETURN OF CAPITAL ADJUSTMENT 3


TY 2023 OtherExpensesSchedule
Name:
WILLIAM J WATSON IRREVOCABLE TRUST XXXXX5001
EIN:
36-6014834
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ATTORNEY GENERAL FEE 15 0   15


TY 2023 OtherIncreasesSchedule
Name:
WILLIAM J WATSON IRREVOCABLE TRUST XXXXX5001
EIN:
36-6014834
Description Amount
2022 TRANSACTIONS POSTED IN 2023 11,552
COST BASIS ADJUSTMENT 5


TY 2023 TaxesSchedule
Name:
WILLIAM J WATSON IRREVOCABLE TRUST XXXXX5001
EIN:
36-6014834
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 115 115   0
FEDERAL TAX PAYMENT - PRIOR YE 3,268 0   0
FEDERAL ESTIMATES - INCOME 1,669 0   0
FOREIGN TAXES ON QUALIFIED FOR 5,567 5,567   0
FOREIGN TAXES ON NONQUALIFIED 842 842   0