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
AT BRIGHTWELL TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2450
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MONTGOMERY, AL361022450
A Employer identification number

63-6019162
B Telephone number (see instructions)

(334) 230-6100
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$1,887,400J 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 26,730 26,730  
4 Dividends and interest from securities... 25,472 25,472  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 68,288
b Gross sales price for all assets on line 6a 446,681
7 Capital gain net income (from Part IV, line 2)... 68,288
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........ 120,490 120,490  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 25,215 8,825   16,390
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
3,090     3,090
c Other professional fees (attach schedule)....        
17 Interest............... 1,113 1,113    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,614      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 32,032 9,938   19,480
25 Contributions, gifts, grants paid....... 73,396 73,396
26 Total expenses and disbursements. Add lines 24 and 25 105,428 9,938   92,876
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 15,062
b Net investment income (if negative, enter -0-) 110,552
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............. 12,780 7,490 7,490
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,594,815 Click to see attachment
List of Attached Documents:
// Content
1,617,224 		1,878,929
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
3,029 		Click to see attachment
List of Attached Documents:
// Content
981 		Click to see attachment
List of Attached Documents:
// Content
981
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,610,624 1,625,695 1,887,400
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) Click to see attachment
List of Attached Documents:
// Content
84 		Click to see attachment
List of Attached Documents:
// Content
93
23 Total liabilities (add lines 17 through 22)......... 84 93
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........ 1,610,540 1,625,602
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)..... 1,610,540 1,625,602
30 Total liabilities and net assets/fund balances (see instructions). 1,610,624 1,625,695
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
1,610,540
2
Enter amount from Part I, line 27a .....................
2
15,062
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,625,602
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,625,602
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 SEE SCHEDULE D DETAIL ATTACHMENT P    
b SEE SCHEDULE D DETAIL ATTACHMENT P    
c CLASS ACTION SETTLEMENT P    
d
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 69,891   71,028 -1,137
b 376,772   307,365 69,407
c 18     18
d
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       -1,137
b       69,407
c       18
d
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 68,288
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 1,537
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  
3 Add lines 1 and 2........................... 3 1,537
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,537
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 2,160
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,160
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 10 623
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow623 Refundedright arrow 11  
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 arrowAL
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 arrowNONE
14
The books are in care ofright arrowREGIONS PRIVATE WEALTH MANAGEMENT Telephone no.right arrow (334) 230-6100

Located atright arrow201 MONROE STREET SUITE 280MONTGOMERYAL ZIP+4right arrow36104
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
 
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
REGIONS PRIVATE WEALTH MANAGEMENT TRUSTEE
5.00 		25,215 0 0
201 MONROE STREET SUITE 280
MONTGOMERY,AL36104
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  
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 arrow  
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 N/A  
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
1,849,481
b
Average of monthly cash balances.......................
1b
16,599
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,866,080
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
1,866,080
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
27,991
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,838,089
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
91,904
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
91,904
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
1,537
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,537
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
90,367
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
90,367
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
90,367
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
92,876
b
Program-related investments—total from Part VIII-B..................
1b
 
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
92,876
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 90,367
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 73,115
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 92,876
a Applied to 2022, but not more than line 2a 73,115
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 19,761
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(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  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		70,606
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
AT BRIGHTWELL SCHOOL


PO BOX 360
LEXINGTON,GA30648 		    EDUCATIONAL 73,396
Total .................................right arrow 3a 73,396
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 ........... 		    14 26,730  
4 Dividends and interest from securities ....     14 25,472  
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 68,288  
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) ..   120,490  
13Total. Add line 12, columns (b), (d), and (e)..................
13
120,490
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
AT BRIGHTWELL TRUST
EIN:
63-6019162
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREP FEES 3,090     3,090

TY 2023 InvestmentsOtherSchedule2
Name:
AT BRIGHTWELL TRUST
EIN:
63-6019162
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AIR LEASE CORP 3.75% 6/1/26 AT COST 9,761 9,652
AIR PRODUCTS AND CHEMICALS INC AT COST    
ALLIANT CORP AT COST 5,631 10,876
AMERICAN TOWER CORP 5.8% 11/15/28 AT COST 9,001 9,349
AMGEN INC CALLABLE DTD AT COST    
ANHEUSER BUSCH INBEV WOR DTD AT COST 9,097 9,376
ARTHUR J GALLAGHER & CO AT COST 2,333 22,713
AT&T INC AT COST 26,728 23,475
AT&T INC 4.5% 05/15/35 AT COST 9,728 9,492
BANK OF AMERICA CORP 3.559% 2027 AT COST 9,896 9,625
BANK OF AMERICA CORP 6.11% 2037 AT COST 8,681 9,613
BANK OF NOVA 2.2% 02/03/2025 AT COST 9,863 9,693
BANK OF NOVA SCOTIA 1.05% 3/26 AT COST 9,776 9,213
BANK OF NY MELLON CORP .75% 01/28/26 AT COST 9,710 9,215
BERKSHIRE HATHAWAY FIN 4.25% 2049 AT COST 10,846 9,354
BLACKROCK INC AT COST 3,087 17,048
BLACKROCK INC 1.9% 28 JAN 2031 AT COST 10,495 9,293
BP CAPITAL MARKETS AMERICA INC 3.796 AT COST 9,004 8,874
BRISTOL MYERS SQUIBB CO AT COST    
CAPITAL ONE FINANCIAL CORP 3.65% 27 AT COST 9,817 9,548
CHARLES SCHWAB CO .9% 11 MAR 2026 AT COST 9,796 9,170
CHEVON CORP DTD AT COST 9,276 17,750
CHUBB LIMITED AT COST 7,849 16,272
CISCO SYSTEMS INC AT COST    
CITIGROUP INC VAR .776% 30 OCT 2024 AT COST    
CITIGROUP INC VAR 6.063095% 10/30/24 AT COST 13,910 14,008
CME GROUP INC AT COST 21,245 25,693
COCA COLA CO AT COST 11,385 15,911
COMCAST CORP AT COST 17,723 21,881
COMCAST CORP 3.75% 01 APR 2040 AT COST 11,162 9,462
CONOCOPHILLIPS AT COST 3,765 9,518
CROWN CASTLE INTL CORP AT COST 30,204 22,232
CVS HEALTH CORP AT COST    
DARDEN RESTAURANTS INC AT COST 18,946 19,387
DOMINION RES INC AT COST    
ELI LILLY & CO AT COST 2,299 20,985
EQUINOR ASA 3.7% 3/1/24 AT COST 9,012 8,971
EVEREST RE GROUP LTD AT COST 14,722 19,093
EXELON CORP AT COST 18,942 22,150
EXXON MOBIL CORP AT COST 20,920 32,194
FANNIE MAE POOL 667019 5.5% 11/1/32 AT COST 1,584 1,611
FANNIE MAE POOL 725424 5.5% 4/1/34 AT COST 1,094 1,102
FANNIE MAE POOL 735580 5% 6/1/35 AT COST 604 602
FANNIE MAE POOL 888021 6% 12/1/36 AT COST 411 417
FANNIE MAE POOL 888268 6% 3/1/37 AT COST 1,251 1,283
FANNIE MAE POOL 906211 6% 1/1/37 AT COST 151 156
FANNIE MAE POOL AA7236 4% 6/1/39 AT COST 414 397
FANNIE MAE POOL AD0336 5% 2/1/24 AT COST    
FANNIE MAE POOL AD6432 4.5% 6/1/40 AT COST 308 301
FANNIE MAE POOL AE0981 3.5% 3/1/41 AT COST 982 913
FANNIE MAE POOL AE3066 3.5% 9/1/25 AT COST 148 146
FANNIE MAE POOL AH5575 4% 2/1/41 AT COST 758 730
FANNIE MAE POOL AH6827 4% 3/1/26 AT COST 192 189
FANNIE MAE POOL AJ7715 3% 12/1/26 AT COST 759 734
FANNIE MAE POOL AL0393 4.5% 6/1/41 AT COST 568 555
FANNIE MAE POOL AL9554 3% 12/01/31 AT COST 3,118 2,983
FANNIE MAE POOL AQ0546 3.5% 11/1/42 AT COST 1,238 1,172
FANNIE MAE POOL AS2793 3% 07/01/29 AT COST 1,375 1,313
FANNIE MAE POOL AS6191 3.5% 11/1/45 AT COST 1,619 1,480
FANNIE MAE POOL AS9585 4% 05/01/47 AT COST 5,366 5,105
FANNIE MAE POOL AT2062 2.5% 4/1/28 AT COST 925 889
FANNIE MAE POOL AT2720 3% 5/1/43 AT COST 2,466 2,237
FANNIE MAE POOL AU1629 3% 07/01/43 AT COST 1,823 1,677
FANNIE MAE POOL AU3735 3% 8/1/43 AT COST 2,360 2,170
FANNIE MAE POOL BE3702 4% 06/01/47 AT COST 1,576 1,442
FANNIE MAE POOL BH 9288 4% 02/01/48 AT COST 6,189 5,847
FANNIE MAE POOL BH4095 4% 10/1/47 AT COST 4,667 4,401
FANNIE MAE POOL BN0340 4.5% 12/01/48 AT COST 1,495 1,388
FANNIE MAE POOL CA0853 3.5% 12/01/47 AT COST 6,226 5,877
FANNIE MAE POOL CA1707 4.5% 05/01/48 AT COST 4,871 4,523
FANNIE MAE POOL CA6635 2.5% 08/01/50 AT COST 17,786 17,181
FANNIE MAE POOL CA7599 2.5% 11/1/50 AT COST 23,156 23,185
FANNIE MAE POOL CB3292 2.5% 04/01/52 AT COST 13,785 12,662
FANNIE MAE POOL CB3412 3.5% 04/01/52 AT COST 43,886 43,240
FANNIE MAE POOL FM1000 3% 04/01/47 AT COST 5,329 4,795
FANNIE MAE POOL FM1239 3.5% AT COST 1,735 1,583
FANNIE MAE POOL FM1456 2.5% 09/01/28 AT COST 4,601 4,413
FANNIE MAE POOL FM6733 2.5% 02/01/35 AT COST 2,761 2,508
FANNIE MAE POOL FS2009 3% 05/01/52 AT COST 14,279 13,460
FANNIE MAE POOL MA1062 3% 5/1/27 AT COST 392 379
FANNIE MAE POOL MA3210 3.5% 12/01/47 AT COST 3,458 3,196
FANNIE MAE POOL MA3444 4.5% AT COST 731 693
FEDERAL HOME LOAN MORTGAGE CORP AT COST 18,655 17,391
FIDELITY NATIONAL INFORMATION SERVIC AT COST 10,447 9,813
FIDELITY NATIONAL INFORMATION SERVIC AT COST 15,560 12,194
FREDDI MAC GOLD POOL J32368 2.5% AT COST 12,742 11,992
FREDDI MAC POOL SD0612 2.5% AT COST 12,966 10,872
FREDDIE MAC GOLD A95147 4% 11/1/40 AT COST 670 636
FREDDIE MAC GOLD G05408 5% 12/1/36 AT COST 429 427
FREDDIE MAC GOLD G05937 4.5% 8/1/40 AT COST 322 316
FREDDIE MAC GOLD G08323 5% 2/1/39 AT COST 283 278
FREDDIE MAC GOLD G08344 4.5% 5/1/39 AT COST 435 422
FREDDIE MAC GOLD G08582 4% 4/1/44 AT COST 150 142
FREDDIE MAC GOLD G08681 3.5% 121/45 AT COST 2,209 2,026
FREDDIE MAC GOLD G18536 2.5% 1/1/30 AT COST 2,180 2,060
FREDDIE MAC GOLD G18557 3% 6/1/30 AT COST 1,307 1,247
FREDDIE MAC GOLD G60080 3.5% 6/1/45 AT COST 2,050 1,890
FREDDIE MAC GOLD J17508 3% 12/1/26 AT COST 700 677
FREDDIE MAC GOLD POOL G18569 3% AT COST 8,902 8,324
FREDDIE MAC GOLD Q59805 4.5% 11/1/48 AT COST 1,467 1,410
FREDDIE MAC GOLD RA6388 2.5% 12/1/51 AT COST 14,373 12,404
FREDDIE MAC GOLD RA6567 3% 12/1/51 AT COST 17,142 18,027
FREDDIE MAC GOLD ZM6968 4% 6/1/48 AT COST 670 627
FREDDIE MAC POOL SB0361 3% 07/01/35 AT COST 2,524 2,286
FREDDIE MAC POOL SB0662 2.5% 04/01/3 AT COST 7,390 7,459
FREDDIE MAC POOL SD7524 3% 08/01/50 AT COST 8,034 8,719
FREDDIE MAC POOL ZT1502 3.5% AT COST 4,881 4,291
GENERAL DYNAMICS CORP AT COST 13,640 18,696
GENUINE PARTS CO AT COST 10,552 17,867
GILEAD SCIENCES INC AT COST 8,965 8,817
GOLDMAN SACHS GROUOP 2.65% 10/21/32 AT COST 11,483 10,000
HERSHEY CO AT COST 8,084 11,559
HOME DEPOT INC AT COST 8,240 17,328
HONEYWELL INTERNATIONAL INC AT COST 9,570 15,728
HORMEL FOODS CORP .65% AT COST 9,905 9,800
HP INC 3.4% 06/17/30 AT COST    
HSBC HOLDINGS PLC AT COST 9,700 9,350
HUBBELL INC AT COST 3,557 10,526
INTEL CORP 2% AUG 2031 AT COST 11,535 10,134
INTERNATIONAL BUSINESS MACH CORP 3.5 AT COST 9,840 9,545
INTERNATIONAL BUSINESS MACHINES CORP AT COST 8,962 8,769
J P MORGAN CHASE & CO AT COST 5,267 28,917
JOHNSON & JOHNSON AT COST 24,168 25,235
JPMORGAN CHASE 3.782% 2/1/28 AT COST 18,850 18,352
KROGER CO CALLABLE DTD AT COST 9,810 9,451
LLOYDS BANKING GROUP 4.375% AT COST 9,899 9,782
LOWES COS INC 3.65% 04/05/29 AT COST 10,071 9,650
LYONDELLBASELL INDUSTRIES CL A AT COST 7,077 8,938
MCDONALD'S CORP AT COST 17,524 20,756
MERCK & CO. INC. AT COST 7,638 26,601
METLIFE INC AT COST 7,954 11,771
MICROSOFT CORP AT COST 33,865 71,448
MITSUBISHI UFJ FIN GROUP .848% 09/15 AT COST    
MOLSON COORS BREWING 5% 05/01/42 AT COST 9,515 9,658
MONDELEZ INTERNATIONAL INC AT COST 17,272 18,397
MOTGAN STANLEY 3.7% 10/23/24 AT COST 8,999 8,883
NEWMONT CORP AT COST 9,652 9,975
NEXTERA ENERGY, INC. AT COST 10,949 20,652
ORACLE 2.625% 2/15/23 AT COST    
PACKAGING CORP OF AMERICA AT COST 13,045 14,336
PNC FINANCIAL SERVICES GROUP INC AT COST 19,911 19,356
PROCTER & GAMBLE CO AT COST    
PROCTER & GAMBLE CO 3% 03/25/30 AT COST 9,870 9,370
QUALCOMM INC AT COST 1,711 5,062
ROYAL BANK OF CAD .875% AT COST 20,483 19,478
SHELL INTERNATIONAL FIN 2.375% 11/07 AT COST 10,449 9,908
SOUTHERN CO 3.70% 04/30/30 AT COST 9,873 9,435
STARBUCKS CORP AT COST 18,673 18,338
STRYKER CORP AT COST 12,822 17,668
SYSCO CORP AT COST 10,212 10,019
SYSCO CORP 3.3% 02/15/50 AT COST 11,068 9,559
TE CONNECTIVITY AT COST 6,211 10,959
TEXAS INSTRUMENTS AT COST 7,230 10,909
TJX COS INC AT COST 17,121 23,453
TMOBILE US INC AT COST 18,785 19,721
TOYOTA MOTOR CREDIT CORP .8% 01/09/2 AT COST 9,813 9,280
TOYOTA MOTOR CREDIT CORP 1.125% 06/1 AT COST 9,812 9,238
TRUIST FINANCIAL CORP AT COST    
TRUIST FINANCIAL CORP 1.267% 03/02/2 AT COST 9,712 9,155
UNION PACIFIC CORP AT COST 22,369 26,773
UNITED HEALTH GROUP AT COST 13,292 23,165
US BANCORP DEL AT COST    
US TREAS 3% 2/15/48 AT COST 59,318 49,708
US TREAS DTD 2.875% 5/15/43 AT COST 29,929 29,552
US TREASURY .125% 01/15/24 AT COST    
US TREASURY .25% 05/31/25 AT COST 50,143 49,907
US TREASURY 1.25% 05/15/50 AT COST 35,416 30,716
US TREASURY 1.25% 4/2028 AT COST 45,307 45,655
US TREASURY NOTE 2.375% 08/15/24 AT COST 22,366 22,624
US TREASURY NOTE 3.75% 06/30/30 AT COST 9,789 9,910
VERIZON COMMUNICATIONS AT COST 20,876 20,207
VERIZON COMMUNICATIONS .85% 11/20/25 AT COST 9,828 9,289
WALMART INC AT COST 8,884 21,440
WASTE MANAGEMENT INC AT COST 4,619 25,611
XCEL ENERGY INC AT COST 18,209 16,592

TY 2023 OtherAssetsSchedule
Name:
AT BRIGHTWELL TRUST
EIN:
63-6019162
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INTEREST PAID 27 63 63
PROCEEDS RECEIVABLE 2,254    
INTEREST RECEIVABLE 701 860 860
DIVIDENDS RECEIVABLE 47 58 58


TY 2023 OtherLiabilitiesSchedule
Name:
AT BRIGHTWELL TRUST
EIN:
63-6019162
Description Beginning of Year - Book Value End of Year - Book Value
INTEREST EXPENSE PAYABLE 84 93


TY 2023 TaxesSchedule
Name:
AT BRIGHTWELL TRUST
EIN:
63-6019162
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 2,614