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
The Schmetterling Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

27-4267762
B Telephone number (see instructions)

(800) 839-1754
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$41,392,917J 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) 9,484,124
2 Check right arrow.............
3 Interest on savings and temporary cash investments 7,162 7,162  
4 Dividends and interest from securities... 632,954 632,954  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 290,480
b Gross sales price for all assets on line 6a 19,518,015
7 Capital gain net income (from Part IV, line 2)... 6,763,171
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)....... Click to see attachment
List of Attached Documents:
// Content
517 517  
12 Total. Add lines 1 through 11........ 10,415,237 7,403,804  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
271,919 271,919    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
45,940 13,059    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
71,898 3,750   68,148
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 389,757 288,728   68,148
25 Contributions, gifts, grants paid....... 1,400,000 1,400,000
26 Total expenses and disbursements. Add lines 24 and 25 1,789,757 288,728   1,468,148
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,625,480
b Net investment income (if negative, enter -0-) 7,115,076
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 616,857 827,486 827,486
3 Accounts receivable right arrow1,900
Less: allowance for doubtful accounts right arrow     1,900 1,900
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) 1,402,705 Click to see attachment
List of Attached Documents:
// Content
1,878,905 		1,808,340
b Investments—corporate stock (attach schedule)....... 25,788,951 Click to see attachment
List of Attached Documents:
// Content
33,455,406 		37,896,637
c Investments—corporate bonds (attach schedule)....... 639,485 Click to see attachment
List of Attached Documents:
// Content
909,781 		858,554
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)..........      
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) 28,447,998 37,073,478 41,392,917
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 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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 28,447,998 37,073,478
29 Total net assets or fund balances (see instructions)..... 28,447,998 37,073,478
30 Total liabilities and net assets/fund balances (see instructions). 28,447,998 37,073,478
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
28,447,998
2
Enter amount from Part I, line 27a .....................
2
8,625,480
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
37,073,478
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
37,073,478
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
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 19,518,015   12,754,844 6,763,171
b
c
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       6,763,171
b
c
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 6,763,171
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 98,900
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 98,900
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 98,900
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 32,800
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 32,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 48
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 66,148
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   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 arrowDE
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 arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
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
 
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
Colleen Clark Co- Pres, Dir
8.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
James A Clark Dir, Sec, Co- Pres
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Nicholaus Clark VP
2.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Nissa Clark VP
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Katrina Swartz VP
4.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
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
MCHUGH GROUP Investment Mgmt 271,919
4908 Whiteford Rd
TOLEDO,OH43623
Foundation Source Administrative 68,123
55 Walls Drive 3rd Fl
Fairfield,CT06824
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  
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
32,320,255
b
Average of monthly cash balances.......................
1b
672,902
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
32,993,157
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
0
3
Subtract line 2 from line 1d.........................
3
32,993,157
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
494,897
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
32,498,260
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,624,913
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,624,913
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
98,900
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
98,900
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,526,013
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,526,013
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
1,526,013
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
1,468,148
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
1,468,148
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,526,013
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,409,061
b Total for prior years:2021, 2020, 2019  
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$ 1,468,148
a Applied to 2022, but not more than line 2a 1,409,061
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..... 59,087
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		1,466,926
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 ...... 		0
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.... 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).)
Colleen Clark
James A Clark
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

AUSTIN ZOO

PO BOX 91808
AUSTIN,TX78709 		N/A PC General & Unrestricted 50,000

Ben Davis High School

1200 N GIRLS SCH RD
Indianapolis,IN46214 		N/A GOV Athletic Dept 3,000

BOY SCOUTS OF AMERICA

1340 S BEND AVE
SOUTH BEND,IN46617 		N/A PC For maintenance and improvements to Scout camps 5,000

CHICAGO ZOOLOGICAL SOCIETY

3300 GOLF RD
BROOKFIELD,IL60513 		N/A PC General & Unrestricted 50,000

CHILDRENS HOSPITAL MEDICAL CENTER

3333 BURNET AVE
CINCINNATI,OH45229 		N/A PC General & Unrestricted 10,000

CLAGETT SAILING

231 INDIAN AVE
PORTSMOUTH,RI02871 		N/A PC General & Unrestricted 5,000

GEM SESSIONS FOUNDATION INC

5521 WOODS POINTE DR
MCCORDSVILLE,IN46055 		N/A PC General & Unrestricted 5,000

GRAND RAPIDS CABLE ACCESS CENTER

711 BRIDGE ST NW
GRAND RAPIDS,MI49504 		N/A PC General & Unrestricted 5,000

GREATER INDIANAPOLIS ASSOC FOR LUTHERAN SECONDARY

5555 S ARLINGTON AVE
INDIANAPOLIS,IN46237 		N/A PC General & Unrestricted 3,000

Greenfield-Central High School

810 N BROADWAY
Greenfield,IN46140 		N/A GOV General & Unrestricted 3,500

HAWAII COMMUNITY FOUNDATION

827 FORT ST MALL
HONOLULU,HI96813 		N/A PC Maui Strong fund 50,000

HEADBANG FOR SCIENCE INC

2973 HARBOR BLVD 537
COSTA MESA,CA92626 		N/A PC General & Unrestricted 10,000

INDIANA BALLET THEATRE NW INC

8888 LOUISIANA ST
MERRILLVILLE,IN46410 		N/A PC General & Unrestricted 5,000

INDIANA BASKETBALL HALL OF FAME FOUNDATION INC

1 HALL OF FAME CT
NEW CASTLE,IN47362 		N/A PC General & Unrestricted 10,000

INDIANAPOLIS ZOOLOGICAL SOCIETY INC

1200 W WASHINGTON ST
INDIANAPOLIS,IN46222 		N/A PC General & Unrestricted 15,000

INDIANAPOLIS ZOOLOGICAL SOCIETY INC

1200 W WASHINGTON ST
INDIANAPOLIS,IN46222 		N/A PC Butterflies at the Indianapolis Zoo 35,000

INTERNATIONAL RESCUE COMMITTEE INC

5348 UNIVERSITY AVE 205
SAN DIEGO,CA92105 		N/A PC General & Unrestricted 10,000

JUNIOR ACHIEVEMENT OF CENTRAL INDIANA

7435 N KEYSTONE
INDIANAPOLIS,IN46240 		N/A PC General & Unrestricted 5,000

LAST PRISONER PROJECT

1312 17TH ST STE 640
DENVER,CO80202 		N/A PC General & Unrestricted 5,000

LEIGH PURTILL BALLET COMPANY

924 BEULAH ST
GLENDALE,CA91202 		N/A PC General & Unrestricted 2,000

LETTERS TO ISABEL

1717 20TH ST NW APT 206
WASHINGTON,DC20009 		N/A PC General & Unrestricted 2,000

LITERACY CENTER OF WEST MICHIGAN

1120 MONROE AVE NW STE 240
GRAND RAPIDS,MI49503 		N/A PC General & Unrestricted 10,000

Morristown Jr-Sr High School

223 S PATTERSON ST
Morristown,IN46161 		N/A GOV Athletic program 2,500

MUSEUM OF SCIENCE AND INDUSTRY

5700 S LAKE SHORE DR
CHICAGO,IL60637 		N/A PC General & Unrestricted 5,000

NATIONAL WOMENS LAW CENTER

1350 I ST NW STE 700
WASHINGTON,DC20005 		N/A PC General & Unrestricted 5,000

Noblesville High School

18111 CUMBERLAND RD
Noblesville,IN46060 		N/A GOV Golf program 500

Noblesville High School

18111 CUMBERLAND RD
Noblesville,IN46060 		N/A GOV Athletic Department 3,000

PANCREATIC CANCER ACTION NETWORK INC

1500 ROSECRANS AVE STE 200
MANHATTAN BCH,CA90266 		N/A PC General & Unrestricted 10,000

PARTNERS IN HEALTH A NONPROFIT CORPORATION

PO BOX 996
FREDERICK,MD21705 		N/A PC General & Unrestricted 10,000

PASADENA HUMANE SOCIETY

361 SOUTH RAYMOND AVE
PASADENA,CA91105 		N/A PC General & Unrestricted 5,000

PHILMONT STAFF ASSOCIATION INC

17 DEER RUN RD
CIMARRON,NM87714 		N/A PC General & Unrestricted 10,000

PLANNED PARENTHOOD OF MICHIGAN

950 VICTORS WAY STE 100
ANN ARBOR,MI48108 		N/A PC General & Unrestricted 10,000

RESTORATION RANCH TEXAS TX

13800 COUNTRY LAKE DR
AUSTIN,TX78732 		N/A PC General & Unrestricted 5,000

SAILING ANGELS FOUNDATION

1714 FESTIVAL DR
HOUSTON,TX77062 		N/A PC General & Unrestricted 5,000

SAN JUAN DIEGO CATHOLIC HIGH SCHOOL

2512 S 1ST ST
AUSTIN,TX78704 		N/A PC 2nd Floor Fund 1,000,000

SIGMA ALPHA MU FOUNDATION

8701 FOUNDERS RD
INDIANAPOLIS,IN46268 		N/A PC Pinki Michael Hutchins Scholarship fund 10,000

SOUTHERN POVERTY LAW CENTER INC

400 WASHINGTON AVE
MONTGOMERY,AL36104 		N/A PC General & Unrestricted 5,000

ST TERESA OF AVILA CATHOLIC STUDENT CENTER

1511 LAPORTE AVE
VALPARAISO,IN46383 		N/A PC For Cafe Manna 5,000

THE COLBURN SCHOOL

200 S GRAND AVE
LOS ANGELES,CA90012 		N/A PC General & Unrestricted 3,000

UNIVERSITY OF INDIANAPOLIS

1400 E HANNA AVE
INDIANAPOLIS,IN46227 		N/A PC Basketball Program 2,500

VOLUNTEERS OF BURBANK ANIMAL SHELTER

1150 N VICTORY PL
BURBANK,CA91502 		N/A PC General & Unrestricted 5,000
Total .................................right arrow 3a 1,400,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 7,162  
4 Dividends and interest from securities ....     14 632,954  
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 ............ 		    18 290,480  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION LAWSUIT PROCEEDS 		    01 517  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   931,113  
13Total. Add line 12, columns (b), (d), and (e)..................
13
931,113
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
The Schmetterling Foundation
 
Employer identification number

27-4267762
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
The Schmetterling Foundation
  		Employer identification number
27-4267762
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Colleen B Clark Trust
816 Lakewood Hills Terrace
 
Austin, TX787322385

$ 4,145,595


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
James A Clark Trust
816 Lakewood Hills Terrace
 
Austin, TX787322385

$ 5,338,530


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
The Schmetterling Foundation
  		Employer identification number

27-4267762
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ALPHABET INC CL A GOOGL, 1646 sh. $ 197,738 2023-06-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ALPHABET INC CL C GOOG, 1035 sh. $ 125,085 2023-06-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 APPLE INC AAPL, 1558 sh. $ 290,785 2023-06-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 UNITEDHEALTH GROUP INC UNH, 303 sh. $ 144,578 2023-06-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MICROSOFT CORP MSFT, 1852 sh. $ 615,420 2023-06-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 AMGEN INC AMGN, 500 sh. $ 132,613 2023-11-10
Schedule B (Form 990) (2023)
Name of organization
The Schmetterling Foundation
  		Employer identification number

27-4267762
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PRINCIPAL MIDCAP FUND; R6 PMAQX, 3451.74 sh. $ 123,538 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 INTUIT INTU, 300 sh. $ 156,950 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MICROSOFT CORP MSFT, 1528 sh. $ 558,614 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 TIAA-CREF LARGE CAP GR IDX INSTL TILIX, 4857.25 sh. $ 238,248 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ABBVIE INC ABBV, 500 sh. $ 68,940 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ALPHABET INC CL A GOOGL, 2280 sh. $ 298,919 2023-11-10
Schedule B (Form 990) (2023)
Name of organization
The Schmetterling Foundation
  		Employer identification number

27-4267762
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NVIDIA CORP NVDA, 600 sh. $ 287,265 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HARDING LOEVNER INTL EQUITY HLMIX, 10000 sh. $ 243,000 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 THERMO FISHER SCIENTIFIC INC TMO, 95 sh. $ 42,105 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SPDR S&P 500 ETF TRUST SPY, 347 sh. $ 151,771 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 APPLE INC AAPL, 2540 sh. $ 470,027 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 MICROSOFT CORP MSFT, 924 sh. $ 310,191 2023-06-23
Schedule B (Form 990) (2023)
Name of organization
The Schmetterling Foundation
  		Employer identification number

27-4267762
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 AMAZON COM AMZN, 1698 sh. $ 219,993 2023-06-23
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 NVIDIA CORP NVDA, 1959 sh. $ 830,851 2023-06-23
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 META PLATFORMS INC META, 769 sh. $ 218,634 2023-06-23
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 NVIDIA CORP NVDA, 1100 sh. $ 464,756 2023-09-27
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 NOVO NORDISK A S NVO, 1100 sh. $ 100,375 2023-09-27
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 APPLE INC AAPL, 1700 sh. $ 288,703 2023-09-28
Schedule B (Form 990) (2023)
Name of organization
The Schmetterling Foundation
  		Employer identification number

27-4267762
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 AMGEN INC AMGN, 645 sh. $ 171,070 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 THERMO FISHER SCIENTIFIC INC TMO, 138 sh. $ 61,163 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 NVIDIA CORP NVDA, 700 sh. $ 335,143 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 INTUIT INTU, 300 sh. $ 156,950 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 APPLE INC AAPL, 2614 sh. $ 483,721 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 AMAZON COM AMZN, 1100 sh. $ 155,958 2023-11-10
Schedule B (Form 990) (2023)
Name of organization
The Schmetterling Foundation
  		Employer identification number

27-4267762
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 MICROSOFT CORP MSFT, 1566 sh. $ 572,506 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 HARDING LOEVNER INTL EQUITY HLMIX, 9260.84 sh. $ 225,038 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 ABBVIE INC ABBV, 500 sh. $ 68,940 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 ALPHABET INC CL A GOOGL, 2240 sh. $ 293,675 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 TIAA-CREF LARGE CAP GR IDX INSTL TILIX, 4904.77 sh. $ 240,579 2023-11-10
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 PRINCIPAL MIDCAP FUND; R6 PMAQX, 3349.78 sh. $ 119,889 2023-11-10
Schedule B (Form 990) (2023)
Name of organization
The Schmetterling Foundation
  		Employer identification number

27-4267762
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 TIAA-CREF LARGE CAP GR IDX INSTL TILIX, 403 sh. $ 20,396 2023-11-20
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
The Schmetterling Foundation
  		Employer identification number

27-4267762
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


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TY 2023 DepreciationSchedule
Name:
The Schmetterling Foundation
EIN:
27-4267762
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2023 InvestmentsCorpBondsSchedule
Name:
The Schmetterling Foundation
EIN:
27-4267762
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE INC - 2.950% - 11/21/20 44,026 40,294
ABBVIE INC - 3.600% - 05/14/20 31,012 28,461
AMAZON COM INC - 1.500% - 06/0 14,898 14,417
AMGEN INC NOTE - 5.150% - 03/0 29,331 29,669
AT&T - 2.550% - 12/01/2033 14,776 14,685
CAPITAL ONE FINL CORP NOTE - 3 19,835 19,006
CITIGROUP INC - 3.887% - 01/10 15,830 14,518
COMCAST CORP - 1.500% - 02/15/ 29,678 26,261
COMCAST CORP NOTE - 4.150% - 1 15,610 13,817
CVS CAREMARK CORP NOTE - 4.300 15,339 13,779
CVS HEALTH CORP - 1.300% - 08/ 30,548 28,444
ENTERPRISE PROD - 3.750% - 02/ 27,692 26,645
ENTERPRISE PRODUCTS - 3.300% - 14,638 15,612
FISERV INC NOTE CALL MAKE WHOL 29,769 28,250
GOLDMAN SACHS - 3.800% - 03/15 27,486 24,456
GOLDMAN SACHS GROUP INC - 2.61 30,044 26,907
JP MORGAN CHASE - 2.769% - 10/ 39,481 34,734
JP MORGAN CHASE - 3.540% - 05/ 22,043 21,010
JP MORGAN CHASE BANKNA NOTE - 21,048 18,626
MARSH &MCLENNAN COS INC - 4.37 26,022 24,907
MORGAN STANLEY MTN CALL - 0.00 10,493 9,555
MORGAN STANLEY MTN CALL MAKE W 50,011 45,826
NEXTERA ENERGY CAP - 2.250% - 29,389 25,677
ORACLE CORP - 2.950% - 04/01/2 38,410 33,422
PNC FINL - 6.875% - 10/20/2034 27,272 30,030
ROYAL DUTCH SHELL CL A - 2.500 15,319 14,284
UNIFORM MBS #SD8200 - 2.500% - 20,625 20,607
UNIFORM MBS - 2.500% - 03/01/2 8,932 9,494
UNIFORM MBS - 2.500% - 09/01/2 2,497 2,598
UNIFORM MBS - 3.000% - 07/01/2 672 697
UNIFORM MBS - 5.000% - 04/01/2 2,731 2,842
UNIFORM MBS POOL - 2.500% - 09 1,567 1,643
UNITED STATES TREAS M-2029 - 3 72,549 71,706
VERIZON COMMS - 4.329% - 09/21 28,143 24,758
VERIZON COMMUNICATIONS INC - 2 34,414 34,991
VERIZON COMMUNICATIONS INC - 4 15,284 13,804
WELLS FARGO & CO SER W MTN - 5 36,684 37,818
WELLS FARGO - 3.584% - 05/22/2 15,683 14,304

TY 2023 InvestmentsCorpStockSchedule
Name:
The Schmetterling Foundation
EIN:
27-4267762
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO 61,004 57,393
ABBEY CAPITAL FUTURES STRATEGY 124,401 115,559
ABBEY CAPITAL MULTI ASSET 102,674 100,106
ABM INDS INC 8,700 8,742
ADVANCED MICRO DEVICES INC 94,423 112,769
AGIOS PHARMACEUTICALS INC 7,469 4,788
AIR PRODS & CHEM INC 68,267 70,093
ALIGN TECHNOLOGY, INC 28,699 30,140
ALLEGIANT TRAVEL CO 8,442 4,957
ALLEGION PLC 53,385 59,671
ALPHABET INC CL A 254,892 398,675
ALPHABET INC CL C 73,132 110,771
AMAZON COM 745,864 837,949
AMERESCO INC CL A 8,632 5,384
AMERICAN ELECTRIC POWER INC 110,727 109,241
AMERICAN EXPRESS CO 30,765 31,286
AMGEN INC 41,884 44,643
AMICUS THERAPEUTICS INC 8,520 10,983
APELLIS PHARMACEUTICALS 1,671 3,352
APPLE INC 523,744 674,048
APPLIED IDNS TECH 7,266 13,470
APPLIED MATERIALS INC 69,224 93,514
APTIV PLC 69,463 68,367
AQR DIVERSIFIED ARB I 232,476 228,169
ARCBEST CORPORATION 4,937 5,169
ARMADA HOFFLER PROPERTIES INC 4,631 4,342
ARTIVION ORD SHS 6,626 5,650
ASGN INC 13,248 12,694
ASML HOLDING NV NY REG SHS 280,708 361,051
AT&T, INC 48,225 47,588
ATKORE INTERNATIONAL GROUP INC 5,002 5,280
ATLANTIC TELE-NETWORK, INC 3,062 2,689
ATRICURE, INC. 9,865 5,925
AVANTOR HOLDINGS INC 85,697 59,746
AXALTA COATING SYSTEMS LTD 53,332 67,566
AZENTA INC 8,372 6,775
B3 S.A 102,184 125,857
BAKER HUGHES COMPANY 64,236 75,982
BALCHEM CORP 2,670 2,826
BANCO BILBAO ARG SA 104,651 117,747
BATS SERIES M PORTFOLIO 715,081 658,340
BAZAARVOICE INC 3,298 2,164
BECTON DICKINSON & CO 115,002 110,211
BEIERSDORF AG ADR EACH REPR 0. 272,892 341,639
BERKSHIRE HATHAWAY INC. CLASS 230,558 282,831
BLACK HILLS CORP 9,609 8,740
BLACKROCK ALLOC TGT SER S PORT 77,979 74,990
BLACKROCK EMERGING MARKETS FUN 2,287,368 2,038,746
BLACKROCK EVENT DRIVEN EQUITY 229,259 233,167
BLACKROCK GLOBAL LONG SHORT EQ 96,227 100,169
BLACKROCK MID CAP DIVIDEND FUN 1,132,005 1,486,288
BLACKROCK MID-CAP GROWTH EQUIT 2,133,307 2,758,741
BLACKROCK STRAT INC OPP PORTFO 2,045,172 1,973,744
BLUEPRINT MEDICINES CORPORATIO 13,658 14,205
BOISE CASCADE COMPANY 6,136 13,712
BOSTON SCIENTIFIC 81,768 95,213
BOX INC 6,963 6,838
BP PLC SPONSORED ADR 67,016 71,260
BRINKER INTL INC 6,368 6,218
BRISTOL-MYERS SQUIBB CO 69,088 56,082
BROADCOM INC 131,148 206,506
BRP GROUP INC 9,477 9,392
CADENCE DESIGN SYSTEMS INC 168,565 226,339
CANADIAN NATL RAILWAY CO 268,576 293,723
CANADIAN PACIFIC RAILWAY LTD 82,926 85,938
CASELLA WASTE SYSTEMS INC 9,843 10,255
CATERPILLAR INC 54,438 74,213
CENTERPOINT ENERGY 59,263 58,654
CHART INDUSTRIES, INC 56,786 58,349
CHENIERE ENERGY INC 40,541 41,824
CHUYS HOLDINGS INC 3,445 4,091
CIENA CORP 45,138 45,460
CITY HOLDING COMPANY 5,081 6,726
CLEARWATER ANALYTICS HOLDINGS, 2,656 2,604
CME GROUP, INC 80,188 80,239
CNO FINANCIAL GROUP INC 6,941 7,756
COGNIZANT TECHNOLOGY SOLUTIONS 78,056 96,527
COHERENT CORP COM 3,769 2,873
COLUMBUS MCKINNON CORPORATION 7,811 7,297
COMCAST CORP 187,226 185,266
CONMED CORPORATION 9,172 8,432
CONOCOPHILLIPS 48,682 83,803
CONSTELLATION BRANDS INC 72,917 72,283
CONSTRUCTION PARTNERS INC 4,560 5,005
COPART INC 69,232 72,765
CORTEVA INC 67,785 80,649
COSTAR GROUP, INC 23,609 26,479
CUSHMAN & WAKEFIELD PLC 4,371 5,983
DANA HOLDING CP 5,888 4,646
DANAHER CORP 70,559 76,111
DEUTSCHE TELE AG ADS 213,965 234,809
DIAMONDROCK HOSP CO 7,191 7,531
DOLLAR GENERAL CORP 89,275 62,537
DOLLAR TREE INC 51,593 62,786
DTE ENERGY CO COM 124,205 128,673
DUKE ENERGY CO 175,850 183,891
DUN & BRADSTREET CORP 30,204 29,250
ELEVANCE HEALTH INC 51,140 63,189
ELI LILLY & CO 106,962 161,469
EMERSON ELECTRIC CO 39,279 40,295
ENTERPRISE FINANCIAL SERVICES 4,776 4,867
ESCO TECH INC 4,914 6,320
ESSENT GROUP LTD 8,554 9,862
EXELON CORPORATION 139,100 125,004
EXLSERVICE HOLDINGS INC 9,051 10,335
EXXON MOBIL CORP 175,204 188,862
FEDERAL SIGNAL CORP 8,147 14,888
FERRARI NV 83,455 90,361
FIDELITY NATIONAL FINANCIAL IN 45,011 59,693
FIRST BANCORP 5,699 5,440
FIRST FINANCIAL BANCORP 6,389 6,721
FIRST INTERSTATE BANCSYSTEM IN 8,669 7,472
FORTIVE CORPORATION 91,616 96,603
FORTREA HOLDINGS INC 70,106 26,803
FOUR CORNERS PROPERTY TRUST IN 7,888 7,464
FRANCO NEV CORP 42,083 34,573
FREEPORT-MCMORAN COPPER & GOLD 112,857 130,945
GILEAD SCIENCES INC 61,454 63,350
GOTHAM INDEX 500 PLUS FUND 134,735 141,318
H AND E EQUIPMENT SERVICES INC 4,784 5,703
HALOZYME THERAPEUTICS, INC 9,594 8,575
HAMILTON LANE INC 10,294 13,726
HEINEKEN N V S ADR 98,663 100,787
HELEN OF TROY LIMITED 7,398 5,557
HIBBETT SPORTS, INC 4,156 3,817
HUB GROUP, INC 7,292 8,734
HUMANA INC 57,374 59,057
HUNTSMAN CORP 4,742 4,347
ICHOR HOLDINGS 5,567 4,977
IDEXX CORP 51,425 68,271
IMAX CORPORATION 5,365 4,521
INDEPENDENCE REALTY TR 10,506 9,287
INDEPENDENT BANK CORP 5,683 5,331
INDEPENDENT BANK GROUP INC 5,110 4,223
INFINEON TECH ADS 77,293 83,072
INSMED INC COM DE 8,543 10,568
INSTRUCTURE INC 5,623 6,158
INTERCONTINENTAL EXCHANGE, INC 98,749 113,018
INTERNATIONAL BUSINESS MACHINE 73,529 76,051
INTESA SANPAOLO SPA 123,616 159,632
INTRA CELLULAR THERAPIES INC 8,883 10,313
INTUIT 184,089 246,887
INTUITIVE SURGICAL 69,192 103,570
ISHARE SP SMALL CAP 600 INDEX 1,343,631 1,858,220
ISHARES CORE DIVIDEND GROWTH 2,515,755 3,015,803
ISHARES MSCI USA QUALITY FACTO 1,331,955 1,660,622
J & J SNACK FOODS CORP 11,025 11,700
JACK IN THE BOX INC 5,445 4,653
JOHN HANCOCK DIVERSIFIED MACRO 142,303 126,139
JOHNSON & JOHNSON 216,079 212,853
JP MORGAN CHASE 219,945 285,428
JPMORGAN HEDGED EQUITY 2 FUND 101,673 106,413
KADANT INC 9,618 11,773
KAISER ALUMINUM CORPORATION 7,305 5,268
KB HOME 6,017 7,745
KENVUE INC 38,838 39,292
KITE RLTY GROUP TRUST 9,001 9,761
KLA TENCOR CORP 50,564 75,569
KONTOOR BRANDS INC 5,276 5,306
KROGER CO 58,703 57,138
L'AIR LIQUIDE ADR OTC 83,280 92,662
LA Z BOY INC 4,122 4,615
LABORATORY CORP AMER HLDGS 9,017 29,320
LANTHEUS HOLDINGS INC 10,262 8,618
LAS VEGAS SANDS CORP 93,614 86,364
LASERTEC ADR 78,302 123,465
LEXINGTON REALTY TRUST 7,621 6,627
LIGAND PHARMACEUTICALS INC 9,426 6,999
LPL FINANCIAL HOLDINGS INC 57,434 60,775
LVMH MOET HENN UNSP 54,504 69,366
MA COM TECHNOLOGY SOLUTIONS HO 6,402 8,644
MADDEN STEVEN LTD 11,734 12,768
MAGNOLIA OIL + GAS CORPORATION 9,314 8,835
MALIBU BOATS INC 8,315 7,072
MARVELL TECHNOLOGY, INC 61,464 77,800
MASTERCARD INC 283,382 318,603
MAXLINEAR INC 9,541 5,396
MEDTRONIC PLC 77,772 79,744
MERCK & CO INC 148,884 167,237
MERIT MEDICAL SYSTEMS, INC. 10,111 10,558
META PLATFORMS INC 169,246 234,675
MICRON TECHNOLOGY 84,041 98,653
MICROSOFT CORP 681,167 961,534
MINERAL TECH INC 14,203 15,332
MONDELEZ INTERNATIONAL INC 170,327 183,755
MONGODB INC CL A 50,552 49,471
MONSTER BEVERAGE CORP 48,416 58,762
MSCI INC 100,863 112,564
MTU AERO ENGINES 90,866 87,323
MYR GROUP INC DEL COM 8,010 10,413
NEOGENOMICS INC 8,501 5,534
NETFLIX INC 103,504 131,458
NEUBERGER BERMAN ALTRNTIVE FDS 234,205 233,010
NEWMONT GOLDCORP CORPORATION 108,149 104,924
NMI HOLDINGS, INC 5,938 7,836
NORTHWESTERN CORP 9,113 8,193
NOVO NORDISK A S 225,857 329,074
NVIDIA CORP 288,732 346,654
OLD NATIONAL BANCORP 8,646 9,019
OMNIAB INC COM 1,770 2,295
OMNICELL, INC 10,387 3,838
ONESPAWORLD HOLDINGS ORD SHS 2,102 2,073
OTIS WORLDWIDE CORP 45,547 53,861
PACIFIC BIOSCIENCES OF CALIF 7,217 5,631
PACIFIC PREMIER BANCORP INC 8,266 7,598
PACIRA PHARMACEUTICALS INC 4,969 5,128
PALO ALTO NETWORKS INC 45,284 62,515
PATTERSON-UTI ENERGY INC 13,319 12,701
PEPSICO INC 77,972 76,088
PERMIAN RESOURCES CORP CLASS A 10,894 15,926
PFIZER INC 131,371 103,212
PHILIP MORRIS INTL 42,635 42,336
PHILLIPS EDISON AND COMPANY OR 4,886 5,691
PHYSICIANS REALTY TRUST 8,852 7,187
PJT PARTNERS INC 6,048 7,538
PNC FINANCIAL GROUP INC 86,506 94,613
PRESTIGE BRAND HLGS 12,391 13,407
PRINCIPAL MIDCAP FUND; R6    
PROCTER GAMBLE CO 198,281 195,631
PROGRESS SOFTWARE CORP 5,333 5,104
PROGRESSIVE CORP OHIO 42,487 60,367
PUMA SE UNSPONSORED ADR 90,679 79,387
Q2 HOLDINGS INC 12,465 11,547
QUAKER CHEMICAL CORP 9,226 8,964
RAPID7 INCORPORATED 13,023 8,394
RECRUIT HOLDINGS CO 172,817 215,296
REGENERON PHARMACEUTICALS INC 65,387 72,020
REINSURANCE GROUP AMER INC 45,390 57,594
REMY COINTREAU 83,459 86,202
RIO TINTO PLC SPONSORED ADR 71,312 84,959
ROPER INDUSTRIES 79,786 94,860
ROSS STORES, INC 99,026 123,444
ROYAL DUTCH SHELL CL A (OLD) 62,914 65,734
RPT REALTY 2,294 2,707
S&P GLOBAL INC COM 88,898 116,297
SANOFI-AVENTIS SPONSORED ADR 107,873 105,179
SELECTIVE INS GROUP INC 9,073 10,644
SEMPRA ENERGY COM 142,821 146,919
SEMTECH CORPORATION 9,910 4,404
SERVICE NOW 63,487 97,496
SHERWIN-WILLIAMS CO 29,475 48,656
SHOCKWAVE MEDICAL ORD SHS 3,661 3,430
SHOPIFY INC 46,071 60,139
SILICON LABORATORIES, INC 10,813 10,978
SKECHERS U S A INC CL A 37,294 45,945
SM ENERGY COMPANY 9,553 9,099
SMITH & NEPHEW PLC ADR 81,948 74,802
SONIC AUTOMOTIVE INC CL A 3,130 3,148
SONY GROUP CORP 402,025 436,332
SOUTH STATE CORPORATION 6,805 8,023
SOUTHWESTERN ENERGY CO 5,266 6,543
SPIRE INC 8,175 8,104
SPROUT SOCIAL INC 9,655 7,987
SPS COMMERCE, INC 8,472 11,049
STANDARD CHARTERED 117,241 129,133
STMICROELECTRONICS 66,022 68,377
STRYKER CORPORATION 62,751 65,282
SUMMIT MATERIALS INC 10,960 12,615
SUN COUNTRY AIRLINES HOLDINGS 8,490 6,575
SUNCOR ENERGY INC 142,320 143,027
SUPERNUS PHARMACEUTICALS INC 7,620 7,814
TAIWAN SEMICONDUCTOR MFG CO LT 87,605 97,968
TAYLOR MORRISON HOME CORP 6,424 11,310
TECNOGLASS INC 3,317 4,662
TENET HEALTHCARE CORP 45,230 59,474
TESLA MOTORS INC 161,509 155,548
TEXAS ROADHOUSE, INC 4,483 5,745
THE BLACKSTONE GROUP INC CL A 49,182 67,686
THE MOSAIC CO 37,413 31,299
THERMO FISHER SCIENTIFIC INC 357,436 365,714
TKO GROUP HOLDINGS, INC 39,790 49,682
TRANSDIGM GRP INC 76,746 122,404
TRANSMEDICS GROUP INC 5,157 9,314
TRAVERE THERAPEUTICS 8,725 4,054
UBS AG 79,183 116,400
UNILEVER PLC AMER 54,396 51,631
UNITED COMMUNITY BANKS, INC 6,947 6,935
UNITEDHEALTH GROUP INC 289,864 323,253
VALLEY NATL BANCORP 6,958 6,375
VARONIS SYSTEMS INC 12,556 12,135
VEEVA SYSTEMS INC 62,605 57,178
VERINT SYSTEMS INC 7,261 5,325
VERIZON COMMUNICATIONS 109,651 120,112
VESTAS WIND SYS UNSP/ADR 67,311 97,431
VICTORY MARKET NEUTRAL INCOME 34,131 34,716
VISA INC 214,880 262,954
VOYA FINANCIAL INC 47,300 51,656
WAL-MART STORES INC 157,319 157,650
WASTE CONNECTIONS 43,407 46,871
WERNER ENTERPRISES INC 10,453 10,211
WESBANCO INC 5,432 5,490
WESTERN ASSET SMASH SERIES C F 95,129 94,546
WESTERN ASSET SMASH SERIES EC 336,842 268,282
WESTERN ASSET SMASH SERIES M F 150,266 123,192
WHEATON PRECIOUS METALS CORP 50,124 57,284
WILLIAMS COS 30,173 30,267
WILLSCOT MOBILE MINI CL A 2,812 3,872
WNS (HOLDINGS) LIMIT 8,792 7,078
WORKIVA INC 6,983 7,412
WORTHINGTON INDUSTRIES INC 5,443 8,115
WORTHINGTON STEEL, INC 2,703 3,962
WSFS FINANCIAL CORPORATION 7,640 7,808
XP INC CL A 54,931 78,262
YELP INC 7,596 9,373
YETI HOLDINGS, INC. 2,515 3,055
YUM CHINA HOLDINGS INC 162,540 128,987
ZEBRA TECHNOLOGIES CORP 78,832 86,372
ZIFF DAVIS, INC 7,653 4,972
ZIMMER BIOMET HOLDINGS 63,111 66,570
ZOETIS INC 31,443 43,224
ZURN WATER SOLUTIONS 7,718 7,705

TY 2023 InvestmentsGovtObligationsSch
Name:
The Schmetterling Foundation
EIN:
27-4267762
US Government Securities - End of Year Book Value:

1,878,905
US Government Securities - End of Year Fair Market Value:

1,808,340
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 OtherExpensesSchedule
Name:
The Schmetterling Foundation
EIN:
27-4267762
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 68,123     68,123
Bank Charges 3,750 3,750    
State or Local Filing Fees 25     25


TY 2023 OtherIncomeSchedule2
Name:
The Schmetterling Foundation
EIN:
27-4267762
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Class Action Lawsuit Proceeds 517 517  


TY 2023 OtherProfessionalFeesSchedule
Name:
The Schmetterling Foundation
EIN:
27-4267762
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 271,919 271,919    


TY 2023 TaxesSchedule
Name:
The Schmetterling Foundation
EIN:
27-4267762
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2023 32,800      
990-PF Excise Tax for 2022 81      
Foreign Tax Paid 13,059 13,059