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
ROBERT MONROE CARLISLE TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O FIRST CITIZENS BK TRUSTEE PO
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RALEIGH, NC27626
A Employer identification number

56-6455126
B Telephone number (see instructions)

(919) 716-7347
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$487,004J 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... 12,105 11,881  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -19,532
b Gross sales price for all assets on line 6a 472,563
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)....... Click to see attachment
List of Attached Documents:
// Content
306    
12 Total. Add lines 1 through 11........ -7,121 11,881  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 8,198 8,198    
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
450 450 0 0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
44 44   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
202 202   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,894 8,894 0 0
25 Contributions, gifts, grants paid....... 23,966 23,966
26 Total expenses and disbursements. Add lines 24 and 25 32,860 8,894 0 23,966
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -39,981
b Net investment income (if negative, enter -0-) 2,987
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......... 8,238 10,706 10,706
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)....... 475,870 Click to see attachment
List of Attached Documents:
// Content
248,007 		289,213
c Investments—corporate bonds (attach schedule).......   Click to see attachment
List of Attached Documents:
// Content
184,237 		187,085
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 484,108 442,950 487,004
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........ 484,108 442,950
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)..... 484,108 442,950
30 Total liabilities and net assets/fund balances (see instructions). 484,108 442,950
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
484,108
2
Enter amount from Part I, line 27a .....................
2
-39,981
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
274
4
Add lines 1, 2, and 3 ..........................
4
444,401
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,451
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
442,950
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 67.402 AMERICAN BEACON GARCIA HAMILTON QUALITY BOND FUND CL R5 #4851     2023-01-03
b 2729.341 AMERICAN BEACON GARCIA HAMILTON QUALITY BOND FUND CL R5 #4851     2023-01-03
c 135.612 BAIRD INTERMEDIATE BOND FD INSTL #70     2023-01-03
d 5519.067 BAIRD INTERMEDIATE BOND FD INSTL #70     2023-01-03
e 44.488 VANGUARD SHORT TERM BOND INDEX ADM #5132     2023-01-03
2728.917 VANGUARD SHORT TERM BOND INDEX ADM #5132     2023-01-03
147.096 ALLSPRING CORE BOND FUND R6 CLASS #4657     2023-01-03
3393.796 ALLSPRING CORE BOND FUND R6 CLASS #4657     2023-01-03
7.599 AMERICAN BEACON GARCIA HAMILTON QUALITY BOND FUND CL R5 #4851   2022-12-31 2023-01-09
12.622 ALLSPRING CORE BOND FUND R6 CLASS #4657   2022-12-31 2023-01-09
4.906 INVESCO SMALL CAP VALUE FUND CLASS Y #8770   2022-01-11 2023-01-19
293.28 ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND - INST     2023-01-19
128.853 BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND CLASS K     2023-01-19
213.441 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804     2023-01-19
42.126 DELAWARE SMALL CAP GROWTH FUND INST     2023-01-19
108.834 DELAWARE SMALL CAP GROWTH FUND INST   2022-01-11 2023-01-19
21.195 FEDERATED HERMES MDT SMALL CAP CORE FUND     2023-01-19
97.13 FEDERATED HERMES MDT SMALL CAP CORE FUND     2023-01-19
185.227 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #     2023-01-19
21.773 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #4     2023-01-19
46.287 WCM FOCUSED INTERNATIONAL GROWTH FUND #840     2023-01-19
545.32 WCM FOCUSED INTERNATIONAL GROWTH FUND #840     2023-01-19
307. ISHARES CORE U.S. AGGREGATE BOND ETF     2023-01-19
234. ISHARES RUSSELL MID-CAP VALUE ETF   2022-05-23 2023-01-19
159. ISHARES RUSSELL MID-CAP GROWTH ETF   2022-05-19 2023-01-19
202. ISHARES MSCI USA MIN VOL FACTOR ETF   2022-07-19 2023-01-19
23.116 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046     2023-01-19
46.483 PEAR TREE POLARIS FOREIGN VALUE FUND CL R6 #8896   2022-12-16 2023-01-19
1197.114 PEAR TREE POLARIS FOREIGN VALUE FUND CL R6 #8896     2023-01-19
39. PROSHARES TR DJ BROOKFIELD GLOBAL INFRASTRUCTURE ETF   2022-10-18 2023-01-19
15. PROSHARES TR DJ BROOKFIELD GLOBAL INFRASTRUCTURE ETF   2020-08-11 2023-01-19
254.183 NUVEEN EMERGING MARKETS EQUITY INDEX FUNC CLASS R6 #7312     2023-01-19
184.731 BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND CLASS K     2023-01-25
141.091 BALLIE GIFFORD EMERGING MARKETS EQUITIES FUND CLASS K     2023-01-25
344.095 ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND - INST     2023-01-30
545.51 ASHMORE EMERGING MARKETS ACTIVE EQUITY FUND - INST     2023-01-30
.951 ALLSPRING CORE BOND FUND R6 CLASS #4657   2023-01-31 2023-02-13
7.061 INVESCO SMALL CAP VALUE FUND CLASS Y #8770   2022-01-11 2023-03-03
16.283 ARTISAN INTERNATIONAL SMALL-MID FUND INSTL #2467   2020-08-11 2023-03-03
2.371 ARTISAN INTERNATIONAL SMALL-MID FUND INSTL #2467     2023-03-03
67.064 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804     2023-03-03
4.078 WILLIAM BLAIR SMALL CAP GROWTH FUND CL I #1778   2023-01-19 2023-03-03
8.16 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #465   2020-01-28 2023-03-03
10. ISHARES RUSSELL MID-CAP VALUE ETF   2022-05-23 2023-03-03
11. ISHARES RUSSELL MID-CAP GROWTH ETF   2022-05-19 2023-03-03
73. ISHARES RUSSELL TOP 200 VALUE ETF   2020-05-15 2023-03-03
64. ISHARES RUSSELL TOP 200 GROWTH ETF   2022-01-11 2023-03-03
19. ISHARES MSCI USA MIN VOL FACTOR ETF   2022-07-19 2023-03-03
25. ISHARES TR CORE MSCI EAFE ETF   2023-01-19 2023-03-03
19. ISHARES INC CORE MSCI EMKT   2023-01-25 2023-03-03
96. J P MORGAN EXCHANGE TRADED FD US VALUE FACTR   2023-01-19 2023-03-03
47. J P MORGAN EXCHANGE TRADED FD US QUALTY FCTR   2023-01-19 2023-03-03
27.117 MFS INTERNATIONAL EQUITY FUND CL R6 #403   2023-01-19 2023-03-03
35.46 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046   2016-01-15 2023-03-03
.45 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046   2020-12-11 2023-03-03
1. PROSHARES TR DJ BROOKFIELD GLOBAL INFRASTRUCTURE ETF   2022-10-18 2023-03-03
2. SPDR BLOOMBERG HIGH YIELD BOND ETF   2023-01-19 2023-03-03
40.723 NUVEEN EMERGING MARKETS EQUITY INDEX FUNC CLASS R6 #7312     2023-03-03
17. VANECK J.P. MORGAN EM LOCAL CURRENCY BOND ETF   2023-01-19 2023-03-03
4. VANGUARD SCOTTSDALE FDS VNG RUS2000IDX   2021-04-06 2023-03-03
12. VANGUARD SCOTTSDALE FDS VNG RUS2000IDX   2021-04-06 2023-03-03
3. VANGUARD REAL ESTATE ETF   2023-01-19 2023-03-03
.001 ALLSPRING CORE BOND FUND R6 CLASS #4657   2023-03-01 2023-03-03
3.497 ARTISAN INTERNATIONAL SMALL-MID FUND INSTL #2467   2020-08-11 2023-03-06
8.982 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804   2017-01-13 2023-03-06
4.663 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #46   2020-01-28 2023-03-06
1. ISHARES RUSSELL TOP 200 GROWTH ETF   2021-10-06 2023-03-06
1. ISHARES TR CORE MSCI EAFE ETF   2023-01-19 2023-03-06
2.997 MFS INTERNATIONAL EQUITY FUND CL R6 #403   2023-01-19 2023-03-06
2.24 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046   2016-01-15 2023-03-06
3.476 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #46   2020-01-28 2023-03-27
39. ISHARES CORE U.S. AGGREGATE BOND ETF   2023-01-03 2023-03-27
16. ISHARES 10-20 YEAR TREASURY BOND ETF   2023-01-19 2023-03-27
12. ISHARES RUSSELL TOP 200 GROWTH ETF   2021-10-06 2023-03-27
4. VANECK J.P. MORGAN EM LOCAL CURRENCY BOND ETF   2023-01-19 2023-03-27
2.631 INVESCO SMALL CAP VALUE FUND CLASS Y #8770   2022-01-11 2023-03-28
6.663 ARTISAN INTERNATIONAL SMALL-MID FUND INSTL #2467   2020-08-11 2023-03-28
.48 ARTISAN INTERNATIONAL SMALL-MID FUND INSTL #2467   2020-08-11 2023-03-28
26.248 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804   2017-01-13 2023-03-28
1.461 WILLIAM BLAIR SMALL CAP GROWTH FUND CL I #1778   2023-01-19 2023-03-28
8.279 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #46   2020-01-28 2023-03-28
26. ISHARES CORE U.S. AGGREGATE BOND ETF   2023-01-03 2023-03-28
3. ISHARES RUSSELL MID-CAP VALUE ETF   2022-05-23 2023-03-28
2. ISHARES RUSSELL MID-CAP GROWTH ETF   2023-03-27 2023-03-28
5. ISHARES 10-20 YEAR TREASURY BOND ETF   2023-01-19 2023-03-28
19. ISHARES RUSSELL TOP 200 VALUE ETF   2020-05-15 2023-03-28
7. ISHARES RUSSELL TOP 200 GROWTH ETF   2021-10-06 2023-03-28
6. ISHARES MSCI USA MIN VOL FACTOR ETF   2022-07-19 2023-03-28
8. ISHARES TR CORE MSCI EAFE ETF   2023-01-19 2023-03-28
1. ISHARES INC CORE MSCI EMKT   2023-01-25 2023-03-28
8. ISHARES INC CORE MSCI EMKT   2023-01-25 2023-03-28
21. J P MORGAN EXCHANGE TRADED FD US VALUE FACTR   2023-01-19 2023-03-28
9. J P MORGAN EXCHANGE TRADED FD US QUALTY FCTR     2023-03-28
5.327 MFS INTERNATIONAL EQUITY FUND CL R6 #403   2023-01-19 2023-03-28
4.169 MFS INTERNATIONAL EQUITY FUND CL R6 #403   2023-01-19 2023-03-28
12.89 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046   2016-01-15 2023-03-28
1. PROSHARES TR DJ BROOKFIELD GLOBAL INFRASTRUCTURE ETF   2023-03-27 2023-03-28
11.287 NUVEEN EMERGING MARKETS EQUITY INDEX FUNC CLASS R6 #7312   2017-01-13 2023-03-28
8. VANECK J.P. MORGAN EM LOCAL CURRENCY BOND ETF   2023-01-19 2023-03-28
1. VANGUARD INTL EQUITY INDEX FDS GLOBAL EX-US REAL ESTATE INDEX FD   2023-01-19 2023-03-28
4. VANGUARD SCOTTSDALE FDS VNG RUS2000IDX   2021-04-06 2023-03-28
1. VANGUARD REAL ESTATE ETF   2023-03-06 2023-03-28
22.787 INVESCO SMALL CAP VALUE FUND CLASS Y #8770     2023-04-18
38.727 INVESCO SMALL CAP VALUE FUND CLASS Y #8770   2022-01-11 2023-04-18
68.927 ARTISAN INTERNATIONAL SMALL-MID FUND INSTL #2467   2022-04-05 2023-04-18
48.921 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804     2023-04-18
803.146 ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS K #1804     2023-04-18
4. ISHARES J.P. MORGAN USD EMERGING MARKETS BOND ETF   2023-01-19 2023-04-18
157. ISHARES 10-20 YEAR TREASURY BOND ETF   2023-01-19 2023-04-18
3. ISHARES MSCI USA MIN VOL FACTOR ETF   2022-07-19 2023-04-18
114. ISHARES INC CORE MSCI EMKT     2023-04-18
665. J P MORGAN EXCHANGE TRADED FD US VALUE FACTR   2023-01-19 2023-04-18
8. J P MORGAN EXCHANGE TRADED FD US QUALTY FCTR   2023-01-19 2023-04-18
2.077 MFS INTERNATIONAL EQUITY FUND CL R6 #403   2023-01-19 2023-04-18
115.899 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046   2022-04-05 2023-04-18
13.778 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046   2022-04-05 2023-04-18
5. SPDR BLOOMBERG HIGH YIELD BOND ETF   2023-01-19 2023-04-18
304.958 NUVEEN EMERGING MARKETS EQUITY INDEX FUNC CLASS R6 #7312     2023-04-18
382.185 NUVEEN EMERGING MARKETS EQUITY INDEX FUNC CLASS R6 #7312     2023-04-18
41. VANECK J.P. MORGAN EM LOCAL CURRENCY BOND ETF   2023-01-19 2023-04-18
18. VANGUARD INTL EQUITY INDEX FDS GLOBAL EX-US REAL ESTATE INDEX FD     2023-04-18
51. VANGUARD SCOTTSDALE FDS VNG RUS2000IDX     2023-04-18
8. VANGUARD REAL ESTATE ETF   2023-01-19 2023-04-18
2.811 ARTISAN INTERNATIONAL SMALL-MID FUND INSTL #2467   2022-04-05 2023-07-18
6.714 WILLIAM BLAIR SMALL CAP GROWTH FUND CL I #1778   2023-04-18 2023-07-18
5.303 DRIEHAUS EMERGING MARKETS GROWTH FUND - INST #23   2023-04-18 2023-07-18
34.428 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #4   2020-01-28 2023-07-18
15. ISHARES RUSSELL MID-CAP VALUE ETF   2022-05-23 2023-07-18
15. ISHARES RUSSELL MID-CAP GROWTH ETF   2022-05-19 2023-07-18
26. ISHARES 10-20 YEAR TREASURY BOND ETF   2023-01-19 2023-07-18
54. ISHARES RUSSELL TOP 200 VALUE ETF   2022-05-23 2023-07-18
57. ISHARES RUSSELL TOP 200 GROWTH ETF     2023-07-18
110. ISHARES MSCI USA MIN VOL FACTOR ETF   2022-07-19 2023-07-18
2. ISHARES INC CORE MSCI EMKT   2023-02-03 2023-07-18
11.588 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046   2022-04-05 2023-07-18
1. PROSHARES TR DJ BROOKFIELD GLOBAL INFRASTRUCTURE ETF   2023-04-18 2023-07-18
9. VANECK J.P. MORGAN EM LOCAL CURRENCY BOND ETF   2023-01-19 2023-07-18
22. VANGUARD SCOTTSDALE FDS VANGUARD RUSSELL 2000 VALUE INDEX FD ETF S   2023-04-18 2023-07-18
22. VANGUARD SCOTTSDALE FDS VNG RUS2000IDX   2023-01-19 2023-07-18
18. VANGUARD SCOTTSDALE FDS VNG RUS2000IDX   2020-07-13 2023-07-18
1. VANGUARD REAL ESTATE ETF   2023-01-19 2023-07-18
3.631 DRIEHAUS EMERGING MARKETS GROWTH FUND - INST #23   2023-04-18 2023-09-26
16.516 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #4   2020-01-28 2023-09-26
67. ISHARES CORE U.S. AGGREGATE BOND ETF   2023-04-18 2023-09-26
48. ISHARES RUSSELL TOP 200 VALUE ETF   2022-05-23 2023-09-26
8. ISHARES RUSSELL TOP 200 GROWTH ETF   2021-10-06 2023-09-26
7. ISHARES MSCI USA MIN VOL FACTOR ETF   2022-07-19 2023-09-26
3. ISHARES TR CORE MSCI EAFE ETF   2022-07-26 2023-09-26
1. ISHARES INC CORE MSCI EMKT   2023-02-03 2023-09-26
10. J P MORGAN EXCHANGE TRADED FD US VALUE FACTR   2023-07-18 2023-09-26
20. J P MORGAN EXCHANGE TRADED FD US QUALTY FCTR   2022-07-19 2023-09-26
4.563 PEAR TREE POLARIS FGN VAL SM CAP R6 #1046   2022-04-05 2023-09-26
1. SPDR BLOOMBERG HIGH YIELD BOND ETF   2023-01-19 2023-09-26
7.705 TRANSAMERICA INTERNATIONAL EQUITY FUND - IS #1170   2023-07-18 2023-09-26
17.583 DRIEHAUS EMERGING MARKETS GROWTH FUND - INST #23   2023-04-18 2023-10-17
62.612 GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND CLASS R6 #4     2023-10-17
46. ISHARES 10-20 YEAR TREASURY BOND ETF   2023-01-19 2023-10-17
72. ISHARES RUSSELL TOP 200 VALUE ETF   2022-05-23 2023-10-17
21. ISHARES MSCI USA MIN VOL FACTOR ETF     2023-10-17
89. ISHARES MSCI USA MIN VOL FACTOR ETF   2022-07-19 2023-10-17
9. ISHARES INC CORE MSCI EMKT   2023-02-03 2023-10-17
132. J P MORGAN EXCHANGE TRADED FD US QUALTY FCTR   2022-07-19 2023-10-17
7. PROSHARES TR DJ BROOKFIELD GLOBAL INFRASTRUCTURE ETF   2023-04-18 2023-10-17
93. VANECK J.P. MORGAN EM LOCAL CURRENCY BOND ETF   2023-01-19 2023-10-17
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 584   611 -27
b 23,636   27,271 -3,635
c 1,370   1,404 -34
d 55,743   63,238 -7,495
e 440   447 -7
26,962   29,676 -2,714
1,622   1,727 -105
37,433   44,018 -6,585
68   66 2
142   138 4
96   102 -6
2,200   3,442 -1,242
2,440   3,044 -604
3,024   3,292 -268
354   377 -23
914   1,449 -535
434   445 -11
1,990   2,156 -166
1,493   1,949 -456
175   221 -46
978   912 66
11,523   10,617 906
30,809   29,991 818
25,359   25,831 -472
13,727   13,011 716
14,503   14,432 71
230   261 -31
481   461 20
12,390   12,570 -180
1,806   1,604 202
695   618 77
2,697   3,051 -354
3,597   3,451 146
2,747   2,857 -110
2,629   2,484 145
4,168   5,310 -1,142
11   11  
147   146 1
276   276  
40   49 -9
957   807 150
127   122 5
63   78 -15
1,121   1,104 17
1,014   900 114
4,805   3,401 1,404
8,369   10,691 -2,322
1,353   1,357 -4
1,655   1,651 4
928   981 -53
3,347   3,263 84
1,896   1,856 40
823   818 5
362   301 61
5   5  
45   41 4
183   187 -4
417   381 36
416   428 -12
309   365 -56
926   1,094 -168
260   261 -1
       
59   59  
128   108 20
36   45 -9
133   153 -20
66   66  
91   90 1
23   19 4
26   33 -7
3,869   3,808 61
1,809   1,850 -41
1,613   1,830 -217
99   101 -2
48   54 -6
110   113 -3
8   8  
368   314 54
43   44 -1
63   80 -17
2,571   2,539 32
306   331 -25
174   176 -2
563   578 -15
1,200   885 315
930   1,068 -138
425   429 -4
519   528 -9
48   52 -4
384   413 -29
688   714 -26
358   358  
160   161 -1
126   126  
128   110 18
44   44  
114   105 9
199   202 -3
40   44 -4
279   365 -86
78   87 -9
433   419 14
736   801 -65
1,169   1,268 -99
725   674 51
11,895   9,608 2,287
341   354 -13
17,663   18,152 -489
221   214 7
5,622   5,866 -244
22,676   22,606 70
333   316 17
66   63 3
1,215   1,332 -117
144   158 -14
461   466 -5
3,150   3,118 32
3,948   3,618 330
1,023   1,033 -10
750   782 -32
3,654   4,023 -369
659   667 -8
50   52 -2
219   203 16
184   177 7
283   331 -48
1,696   1,656 40
1,498   1,227 271
2,861   3,006 -145
3,654   3,534 120
9,352   8,710 642
8,177   7,859 318
102   101 1
127   133 -6
45   47 -2
234   227 7
2,848   2,617 231
1,736   1,620 116
1,421   1,042 379
85   87 -2
118   121 -3
128   159 -31
6,318   6,637 -319
3,158   3,142 16
1,228   1,220 8
512   500 12
194   179 15
48   51 -3
346   367 -21
864   769 95
47   52 -5
90   93 -3
145   157 -12
579   588 -9
489   585 -96
4,384   5,319 -935
4,730   4,712 18
1,548   1,428 120
6,559   6,359 200
429   455 -26
5,840   5,077 763
293   326 -33
2,196   2,149 47
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
      161
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       -27
b       -3,635
c       -34
d       -7,495
e       -7
      -2,714
      -105
      -6,585
      2
      4
      -6
      -1,242
      -604
      -268
      -23
      -535
      -11
      -166
      -456
      -46
      66
      906
      818
      -472
      716
      71
      -31
      20
      -180
      202
      77
      -354
      146
      -110
      145
      -1,142
       
      1
       
      -9
      150
      5
      -15
      17
      114
      1,404
      -2,322
      -4
      4
      -53
      84
      40
      5
      61
       
      4
      -4
      36
      -12
      -56
      -168
      -1
       
       
      20
      -9
      -20
       
      1
      4
      -7
      61
      -41
      -217
      -2
      -6
      -3
       
      54
      -1
      -17
      32
      -25
      -2
      -15
      315
      -138
      -4
      -9
      -4
      -29
      -26
       
      -1
       
      18
       
      9
      -3
      -4
      -86
      -9
      14
      -65
      -99
      51
      2,287
      -13
      -489
      7
      -244
      70
      17
      3
      -117
      -14
      -5
      32
      330
      -10
      -32
      -369
      -8
      -2
      16
      7
      -48
      40
      271
      -145
      120
      642
      318
      1
      -6
      -2
      7
      231
      116
      379
      -2
      -3
      -31
      -319
      16
      8
      12
      15
      -3
      -21
      95
      -5
      -3
      -12
      -9
      -96
      -935
      18
      120
      200
      -26
      763
      -33
      47
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 -19,532
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 42
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 42
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 42
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 144
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.............. 7 144
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 102
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow44 Refundedright arrow 11 58
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 arrowNC
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 arrowFIRST CITIZENS BANK Telephone no.right arrow (919) 716-7347

Located atright arrowPO BOX 29522RALEIGHNC ZIP+4right arrow27626
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
FIRST CITIZENS BANK TRUSTEE
1 		8,198    
PO BOX 29522
RALEIGH,NC27626
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 NONE  
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
458,916
b
Average of monthly cash balances.......................
1b
9,348
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
468,264
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
468,264
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
7,024
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
461,240
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
23,062
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
23,062
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
42
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
42
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
23,020
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
23,020
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
23,020
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
23,966
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
23,966
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 23,020
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 23,966
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 0
e From 2022...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 23,966
a Applied to 2022, but not more than line 2a 23,966
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..... 0
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		23,020
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
d Excess from 2022.... 0
e Excess from 2023.... 0
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).)
NONE
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.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
GENE R BEACH
PO BOX 458
HICKORY,NC28603
(828) 326-1117
NONW
bThe form in which applications should be submitted and information and materials they should include:
PROVIDED UPON REQUEST
cAny submission deadlines:
FIRST THURSDAY OF THE MONTHS OF FEB., MAY, AUGUST, AND NOVEMBER
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE NONE NONE
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

SALVATION ARMY OF CATAWBA COUNTY

750 3RD AVENUE PL SE
HICKORY,NC28602 		NONE PC CONTRIBUTION TO THE NEEDY 1,000

EASTERN CATAWBA CCM

245 EAST N STREET
NEWTON,NC28658 		NONE PC FOR THE POOR AND NEEDY OF 5,000

GREATER HICKORY COOPERATIVE
CHRISTIAN MINISTRY
31 1ST AVENUE SE
HICKORY,NC28602 		NONE PC SUPPORT 6,000

SAFE HARBOR

112 2ND AVE SE
HICKORY,NC28602 		NONE PC GENERAL FUNDING 3,466

HICKORY SOUP KITCHEN

131 MAIN AVE NE
HICKORY,NC28601 		NONE PC CONTRIBUTION FOR THE NEEDY 2,000

CHRISTIAN COMM OUTREACH

P O BOX 3324
HICKORY,NC28603 		NONE PC AID FOR THE NEEDY 3,500

WOMEN'S RESOURCE CENTER

125 3RD STREET NE
HICKORY,NC28603 		NONE PC OPERATING FUNDS 3,000
Total .................................right arrow 3a 23,966
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 12,105  
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 -19,532  
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) ..   -7,121  
13Total. Add line 12, columns (b), (d), and (e)..................
13
-7,121
(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:
ROBERT MONROE CARLISLE TRUST
EIN:
56-6455126
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 450 450    

TY 2023 InvestmentsCorpBondsSchedule
Name:
ROBERT MONROE CARLISLE TRUST
EIN:
56-6455126
Name of Bond End of Year Book Value End of Year Fair Market Value
PIMCO EMERGING LOCAL BOND #332    
INVESTMENT GRADE BOND FUND    
MAINSTAY HIGH YIELD CORP #1562    
T ROWE PRICE EMERG MKTS #193    
ISHARES CORE U.S. AGGREGATE BO 168,767 171,802
ISHARES 10-20 YEAR TREASURY BO 10,438 10,176
SPDR BLOOMBERG HIGH YIELD BOND 1,932 1,989
VANECK J.P. MORGAN EM LOCAL CU 3,100 3,118

TY 2023 InvestmentsCorpStockSchedule
Name:
ROBERT MONROE CARLISLE TRUST
EIN:
56-6455126
Name of Stock End of Year Book Value End of Year Fair Market Value
GOLDMAN SACHS INTL SMALL CAP I    
PIMCO STOCKSPLUS INTL (USD-HED    
AMERICAN BEACON BRIDGEWAY LRG    
LAZARD INTL EQUITY    
PEAR TREE POLARIS FOREIGN VALU 2,886 3,236
PRINCIPAL REAL ESTATE SECURITI    
T ROWE PRICE MID-CAP GROWTH    
TIAA-CREF EMERGING MKTS EQUITY    
WELLS FARGO SPECIAL MID CAP VA    
BAIRD AGGREGATE BD    
ISHARES MSCI EAFE INTL INDEX    
GOLDMAN SACHS EMERGING MKT EQU 6,279 6,266
MFS MID CAP VALUE    
T ROWE PRICE EMERGING MKTS STO    
COHEN & STEERS REAL ESTATE SEC    
WCM FOCUSED INTERNATIONAL GROW    
PEAR TREE POLARIS FOREIGN VALU    
AMERICAN BEACON GARCIA HAMILTO    
ARTISAN INTERNATIONAL SMALL-MI 2,749 3,032
ASHMORE EMERGING MARKETS ACTIV    
BALLIE GIFFORD EMERGING MARKET    
CARILLON CLARIVEST CAPITAL APP    
JACKSON SQUARE SMID-CAP GROWTH    
MORGAN STANLEY INST GROWTH IR    
PIMCO STOCKSPLUS SMALL FUND    
WELLS FARGO CORE BOND FUND    
BLACKROCK MID-CAP GROWTH    
COLUMBIA SELECT LC VALUE    
DIAMOND HILL LC    
FEDERATED HERMES MDT SC    
FIDELITY MID CAP VALUE INDEX    
FIDELITY MID CAP GROWTH INDEX    
T ROWE PRICE INST    
MAINSTAY CBRE GLOBAL INFR    
NUANCE MID CAP VALUE    
NUVEEN GLOBAL INFR    
VANGUARD EQUITY INCOME    
ISHARES RUSSELL TOP 200 VALUE 45,789 52,487
ISHARES RUSSELL TOP 200 GROWTH 56,627 78,499
PROSHARES TR DJ BROOKFIELD 1,467 1,506
VANGUARD SCOTTSDALE    
VANGUARD SHORT TERM    
SPYGLASS GROWTH INST    
ALLSPRING SPECIAL MID CAP VALU    
BAIRD INTERMEDIATE    
ALLSPRING CORE BOND    
INVESCO SMALL CAP VALUE FUND    
DELAWARE SMALL CAP GROWTH FUND    
I SHARES RUSSELL MID-CAP VALUE    
ISHARES RUSSELL MID-CAP GROWTH 7,874 9,610
ISHARES MSCI USA MIN VOL FACTO    
ISHARES TR CORE MSCI EAFE ETF 22,782 25,115
J P MORGAN EXCHANGE TRADED FD 14,902 17,469
AMERICAN BEACON GARCIA HAMILTO    
WILLIAM BLAIR SMALL CAP GROWTH 2,667 2,895
DRIEHAUS EMERGING MARKETS GROW 6,756 7,027
HOTCHKIS & WILEY SMALL CAP DIV 3,031 2,967
MFS INTERNATIONAL EQUITY FUND 11,764 12,750
THRIVENT SMALL CAP STOCK FUND 2,833 2,906
TRANSAMERICA INTERNATIONAL EQU 12,453 12,657
ISHARES RUSSELL MID-CAP VALUE 16,900 18,258
ISHARES INC CORE MSCI EMKT 5,583 5,614
J P MORGAN EXCHANGE TRADED FD 16,361 17,824
VANGUARD INTL EQUITY INDEX FDS 2,402 2,641
VANGUARD SCOTTSDALE FDS VNG 2,594 2,920
VANGUARD REAL ESTATE ETF 3,308 3,534

TY 2023 OtherDecreasesSchedule
Name:
ROBERT MONROE CARLISLE TRUST
EIN:
56-6455126
Description Amount
COST BASIS ADJ - WASH SALE 1,405
2023 TRANSACTION POSTED IN 2024 46


TY 2023 OtherIncomeSchedule2
Name:
ROBERT MONROE CARLISLE TRUST
EIN:
56-6455126
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER REVENUE 306 0  


TY 2023 OtherIncreasesSchedule
Name:
ROBERT MONROE CARLISLE TRUST
EIN:
56-6455126
Description Amount
2022 TRANSACTION POSTED IN 2023 274


TY 2023 OtherProfessionalFeesSchedule
Name:
ROBERT MONROE CARLISLE TRUST
EIN:
56-6455126
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT & ACCOUNTING FEES (ALLOC 44 44    


TY 2023 TaxesSchedule
Name:
ROBERT MONROE CARLISLE TRUST
EIN:
56-6455126
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES ON QUALIFIED FOR 130 130   0
FOREIGN TAXES ON NONQUALIFIED 72 72   0