TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
LIFEWORKS FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 50276
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NASHVILLE, TN372050276

A Employer identification number

62-1428468

B Telephone number (see instructions)

(615) 269-6663

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$3,352,166J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	4		4
4	Dividends and interest from securities...	77,299		77,299
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-14,490
b	Gross sales price for all assets on line 6a 35,415
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	62,813		77,303
13	Compensation of officers, directors, trustees, etc.	81,250		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	1,219		0	0
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	33,150	0	0
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	8,275	0	0
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	455	0
20	Occupancy..............	743		0	0
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	30,719	0	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	155,811		0	0
25	Contributions, gifts, grants paid.......	215,900			215,900
26	Total expenses and disbursements. Add lines 24 and 25	371,711		0	215,900
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-308,898
b	Net investment income (if negative, enter -0-)			77,303
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	67,814	16,464	16,464
	2	Savings and temporary cash investments.........	575,061	370,146	370,146
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......	1,946,555	List of Attached Documents: // Content 1,896,651	2,961,760
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 103,973
		Less: accumulated depreciation (attach schedule) 102,900	1,528	List of Attached Documents: // Content 1,073	1,073
	15	Other assets (describe )	List of Attached Documents: // Content 2,723	List of Attached Documents: // Content 2,723	List of Attached Documents: // Content 2,723
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,593,681	2,287,057	3,352,166
	17	Accounts payable and accrued expenses..........		2,274
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	2,274
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	2,593,681	2,284,783
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	0	0
	29	Total net assets or fund balances (see instructions).....	2,593,681	2,284,783
	30	Total liabilities and net assets/fund balances (see instructions).	2,593,681	2,287,057

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

2,593,681

Enter amount from Part I, line 27a .....................

-308,898

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

2,284,783

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

2,284,783

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	ACCELLERON INDUSTRIES AG ADR 00449R109	P	2020-06-16	2023-05-23
b	ACCELLERON INDUSTRIES AG ADR 00449R109	P	2020-06-17	2023-05-23
c	ACCELLERON INDUSTRIES AG ADR 00449R109	P	2020-06-19	2023-05-23
d	ACCELLERON INDUSTRIES AG ADR 00449R109	P	2020-07-15	2023-05-23
e	ACCELLERON INDUSTRIES AG ADR 00449R109	P	2020-07-17	2023-05-23
	ACCELLERON INDUSTRIES AG ADR 00449R109	P	2020-08-06	2023-05-23
	ACCELLERON INDUSTRIES AG ADR 00449R109	P	2020-08-27	2023-05-23
	ACCELLERON INDUSTRIES AG ADR 00449R109	P	2020-11-19	2023-05-23
	ACCELLERON INDUSTRIES AG ADR 00449R109	P	2021-02-08	2023-05-23
	NEXTERA ENERGY INC 65339F101	P	2021-06-09	2023-10-02
	NEXTERA ENERGY INC 65339F101	P	2021-06-09	2023-10-02
	NEXTERA ENERGY INC 65339F101	P	2021-06-10	2023-10-02
	NEXTERA ENERGY INC 65339F101	P	2021-07-07	2023-10-02
	NEXTERA ENERGY INC 65339F101	P	2021-07-14	2023-10-02
	NEXTERA ENERGY INC 65339F101	P	2021-10-20	2023-10-02
	VERALTO CORP 92338C103	P	2019-10-02	2023-10-12

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	247	151	96
b	493	304	189
c	493	305	188
d	308	217	91
e	185	130	55
	129	96	33
	123	90	33
	247	189	58
	117	98	19
	7,627	10,893	-3,266
	7,627	10,893	-3,266
	5,084	7,281	-2,197
	5,084	7,551	-2,467
	5,084	7,552	-2,468
	2,542	4,139	-1,597
	25	16	9

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			96
b			189
c			188
d			91
e			55
			33
			33
			58
			19
			-3,266
			-3,266
			-2,197
			-2,467
			-2,468
			-1,597
			9

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-14,490
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	1,075
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	1,075
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	1,075
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	2,290
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	2,290
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,215
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax1,215	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

BAKER SULLIVAN HOOVER PLC Telephone no. right arrow

(615) 255-6143

Located at right arrow

35 PEABODY STREET SUITE 310NASHVILLETN ZIP+4 right arrow

37210

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
GEORGE N BULLARD	DIRECTOR 10.00	0	0	0
PO BOX 50276 NASHVILLE,TN37205	DIRECTOR 10.00	0	0	0
PATRICIA BULLARD	TRUSTEE 25.00	0	0	0
PO BOX 50276 NASHVILLE,TN37205	TRUSTEE 25.00	0	0	0

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...................				0

Form 990-PF (2023)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	LIFEWORKS IS PRIMARILY A GRANT MAKING FOUNDATION ENABLING OTHER CHARITABLE ORGANIZATIONS TO FURTHER THEIR CHARITABLE ACTIVITIES. EXPENSES LISTED HERE ARE ACTUAL GRANTS MADE DURING YEAR.	0
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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

2,768,530

Average of monthly cash balances.......................

505,108

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

3,273,638

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

3,273,638

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

49,105

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

3,224,533

Minimum investment return. Enter 5% (0.05) of line 5................

161,227

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.)

Minimum investment return from Part IX, line 6..................

161,227

Tax on investment income for 2022 from Part V, line 5.......

1,075

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

1,075

Distributable amount before adjustments. Subtract line 2c from line 1............

160,152

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

160,152

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

160,152

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

215,900

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

215,900

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					160,152
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	20,025
b From 2019......
c From 2020......
d From 2021......
e From 2022......
f Total of lines 3a through e ........		20,025
4Qualifying distributions for 2023 from Part
XI, line 4: $ 215,900
a Applied to 2022, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....					160,152
e Remaining amount distributed out of corpus		55,748
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		75,773
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		20,025
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		55,748
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....	55,748

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 4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CARTERVILLE BAPTIST CHURCH 1115 CARTERVILLE RD PETAL,MS39465		PUBLIC	FURTHER CHARITY PURPOSE	8,000
HEALING STONES FOUNDATION PO BOX 50276 NASHVILLE,TN37205		PUBLIC	FURTHER CHARITY PURPOSE	192,000
NASHVILLE BALLET 3630 REDMON ST NASHVILLE,TN37209		PUBLIC	FURTHER CHARITY PURPOSE	5,000
PAWS ANGEL DOG RESCUE 3256 MILLER FERRY RD SW CALHOUN,GA30701		PUBLIC	FURTHER CHARITY PURPOSE	1,000
SWAN BALL 1200 FORREST PARK DR NASHVILLE,TN37205		PUBLIC	FURTHER CHARITY PURPOSE	2,400
UNIVERSITY OF TN 1502 CUMBERLAND AVENUE KNOXVILLE,TN37996		PUBLIC	FURTHER CHARITY PURPOSE	7,500
Total ................................. 3a				215,900

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	4
4 Dividends and interest from securities ....			14	77,299
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	-14,490
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		62,813	0

13Total. Add line 12, columns (b), (d), and (e)..................

62,813

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

LIFEWORKS FOUNDATION

EIN:

62-1428468

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BAKER, SULLIVAN & HOOVER, PLC	21,500	0		0
MARIE SWINFORD, CPA	11,650	0		0

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule

Name:

LIFEWORKS FOUNDATION

EIN:

62-1428468

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
EQUIPMENT	1992-12-01	2,975	2,975	200DB	5.000000000000	0
EQUIPMENT	1994-07-01	1,766	1,766	200DB	5.000000000000	0
EQUIPMENT	1995-07-01	723	723	200DB	5.000000000000	0
COMPUTER	1996-07-01	4,262	4,262	200DB	5.000000000000	0
SCANNER	1997-04-11	342	342	200DB	7.000000000000	0
EQUIPMENT	1998-11-04	4,558	4,558	200DB	5.000000000000	0
COMPUTER	2000-12-02	1,774	1,774	200DB	5.000000000000	0
FURNITURE	1992-07-01	1,252	1,252	200DB	5.000000000000	0
FURNITURE	1996-07-01	38,744	38,744	200DB	7.000000000000	0
DESKS, CRENDENZA	2000-03-18	563	563	200DB	7.000000000000	0
SHELVES	2000-03-18	345	345	200DB	7.000000000000	0
WINDOWS XP SOFTWARE	2002-10-30	543	380	200DB	3.000000000000	0
CSPG-ARTWORK	2003-02-14	320	224	200DB	7.000000000000	0
FORD EXCURSION	2003-04-28	21,000	14,700	200DB	5.000000000000	0
FORD EXCURSION-REGISTRATION	2003-05-08	109	55	200DB	5.000000000000	0
PRINTER	2003-09-18	426	213	200DB	7.000000000000	0
FILE CABINET	2003-09-18	404	202	200DB	7.000000000000	0
SAFE	2004-03-04	526	263	200DB	7.000000000000	0
COMPUTER MONITOR	2004-04-03	503	252	200DB	5.000000000000	0
EQUIPMENT	2004-04-15	175	87	200DB	7.000000000000	0
FIRE PROOF FILE DRAWER CABINET	2004-10-21	841	420	200DB	5.000000000000	0
COMPUTER	2004-11-05	1,725	863	200DB	5.000000000000	0
COMPUTER HARDWARE-DVDRW PLAYER	2006-04-19	238	238	200DB	5.000000000000	0
COMPUTER	2006-07-10	1,621	1,621	200DB	5.000000000000	0
PHONE	2006-10-18	164	164	200DB	7.000000000000	0
SHELVES	2006-11-09	261	261	200DB	7.000000000000	0
SHREDDER	2007-01-10	152	152	200DB	7.000000000000	0
SHREDDER	2007-02-28	164	164	200DB	7.000000000000	0
COMPUTER	2007-08-30	703	703	200DB	5.000000000000	0
HP LASERJET COLOR PRINTER	2007-10-16	552	552	200DB	5.000000000000	0
9-1 FILE CABINETS	2007-10-09	1,049	1,049	200DB	7.000000000000	0
PRINTER	2007-12-05	203	203	200DB	5.000000000000	0
COPIER	2009-02-09	441	220	200DB	5.000000000000	0
TABLES	2008-07-10	326	163	200DB	7.000000000000	0
CELL PHONE	2009-02-09	227	113	200DB	7.000000000000	0
FURNITURE	2009-08-27	4,370	2,185	200DB	7.000000000000	0
VIDEO CARD AND FAX	2009-10-22	248	124	200DB	5.000000000000	0
I PHONE	2010-07-08	347	173	200DB	5.000000000000	0
AIR CONDITIONER	2010-08-09	257	128	200DB	7.000000000000	0
CABLE MODEM-BASE STATION	2010-08-25	343	172	200DB	5.000000000000	0
NETWORK CARD, SURGE PROTECTOR ETHERNET CARD	2010-08-27	227	114	200DB	5.000000000000	0
SOFTWARE	2010-09-10	1,377		200DB	3.000000000000	0
PRINTER	2011-10-13	245		200DB	5.000000000000	0
HARD DRIVE	2012-04-04	175	88	200DB	5.000000000000	0
TELEPHONE	2012-09-10	435	218	200DB	5.000000000000	0
AC UNIT FOR OFFICE	2013-08-08	202	101	200DB	7.000000000000	0
APPLE COMPUTER	2015-11-17	2,455	2,455	200DB	5.000000000000	0
SAFES	2017-01-07	679	293	200DB	7.000000000000	31
FIRE SAFE	2020-10-10	1,092	461	200DB	7.000000000000	137
FIRE SAFE FILING DRAWERS	2021-10-03	944	294	200DB	7.000000000000	186
NEW PHONES	2021-06-08	600	248	200DB	7.000000000000	101

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

LIFEWORKS FOUNDATION

EIN:

62-1428468

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABB LTD ADR	43,512	84,425
ABBVIE INC	51,921	116,228
AGILENT TECHNOLOGIES INC	19,658	40,319
AIR PRODUCTS & CHEMICALS INC	60,854	61,605
ALPHABET INC CL A	44,282	209,535
APPLE COMPUTER	13,101	178,090
BERKSHIRE HATHAWAY INC CL B	35,190	62,416
BRISTOL MYERS SQUIBB	75,116	74,400
CANADIAN NATIONAL RAILWAY	47,601	53,393
CATERPILLAR INC	30,643	59,134
CIGNA CORP NEW	37,149	64,382
CISCO SYSTEMS	46,635	65,676
CLOROX CO	48,452	38,499
COMCAST CORP NEW CL A	47,574	52,620
CSX CORP	22,098	45,071
CVS HEALTH CORP	46,327	49,350
DANAHER CORP	21,212	40,485
DELL TECHNOLOGIES INC CLASS C	11,917	45,900
FEDEX CORP	39,034	54,389
GENERAL MOTORS CO	59,905	39,512
HCA HEALTHCARE INC	21,892	56,843
HILTON WORLDWIDE HOLDINGS INC	24,257	54,627
HONEYWELL INTL INC	63,781	61,864
INTEL CORP	71,541	90,450
JOHNSON & JOHNSON	41,983	39,185
JP MORGAN CHASE & CO	12,596	21,263
LOWE'S COMPANIES INC	37,226	62,314
MEDTRONIC PLC	67,284	60,137
MERCK & CO INC	31,820	46,334
MGM RESORTS INTERNATIONAL	39,318	68,137
MICROSOFT CORP	22,410	157,937
NESTLE SA ADR	42,142	57,928
NIKE INC CL B	37,322	27,143
PAYPAL HOLDINGS INC	25,146	12,282
PFIZER INC	15,229	12,668
QUALCOMM CORP	28,779	67,976
RTX CORP	33,893	65,629
SALESFORCE INC	32,043	38,155
SHELL PLC SPON ADR	28,641	46,060
STARBUCKS CORP	20,442	31,203
SYSCO CORP	41,612	49,363
UBER TECHNOLOGIES INC	28,879	57,260
UNITED PARCEL SERVICE CL B	54,214	44,811
VERIZON COMMUNICATIONS	75,606	54,665
WALMART INC	44,714	86,708
WALT DISNEY CO	56,778	46,951
WELLS FARGO & CO	58,580	61,771
WESTERN DIGITAL CORP	33,558	41,896
VERALTO CORP	2,784	4,771

- TIN:

TY 2023 LandEtcSchedule2

Name:

LIFEWORKS FOUNDATION

EIN:

62-1428468

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
EQUIPMENT	2,975	2,975	0	0
EQUIPMENT	1,766	1,766	0	0
EQUIPMENT	723	723	0	0
COMPUTER	4,262	4,262	0	0
SCANNER	342	342	0	0
EQUIPMENT	4,558	4,558	0	0
COMPUTER	1,774	1,774	0	0
FURNITURE	1,252	1,252	0	0
FURNITURE	38,744	38,744	0	0
DESKS, CRENDENZA	563	563	0	0
SHELVES	345	345	0	0
WINDOWS XP SOFTWARE	543	543	0	0
CSPG-ARTWORK	320	320	0	0
FORD EXCURSION	21,000	21,000	0	0
FORD EXCURSION-REGISTRATION	109	109	0	0
PRINTER	426	426	0	0
FILE CABINET	404	404	0	0
SAFE	526	526	0	0
COMPUTER MONITOR	503	503	0	0
EQUIPMENT	175	175	0	0
FIRE PROOF FILE DRAWER CABINET	841	841	0	0
COMPUTER	1,725	1,725	0	0
COMPUTER HARDWARE-DVDRW PLAYER	238	238	0	0
COMPUTER	1,621	1,621	0	0
PHONE	164	164	0	0
SHELVES	261	261	0	0
SHREDDER	152	152	0	0
SHREDDER	164	164	0	0
COMPUTER	703	703	0	0
HP LASERJET COLOR PRINTER	552	552	0	0
9-1 FILE CABINETS	1,049	1,049	0	0
PRINTER	203	203	0	0
COPIER	441	441	0	0
TABLES	326	326	0	0
CELL PHONE	227	227	0	0
FURNITURE	4,370	4,370	0	0
VIDEO CARD AND FAX	248	248	0	0
I PHONE	347	347	0	0
AIR CONDITIONER	257	257	0	0
CABLE MODEM-BASE STATION	343	343	0	0
NETWORK CARD, SURGE PROTECTOR ETHERNET CARD	227	227	0	0
SOFTWARE	1,377	1,377	0	0
PRINTER	245	245	0	0
HARD DRIVE	175	175	0	0
TELEPHONE	435	435	0	0
AC UNIT FOR OFFICE	202	202	0	0
APPLE COMPUTER	2,455	2,455	0	0
SAFES	679	664	15	15
FIRE SAFE	1,092	749	343	343
FIRE SAFE FILING DRAWERS	944	480	464	464
NEW PHONES	600	349	251	251

- TIN:

TY 2023 OtherAssetsSchedule

Name:

LIFEWORKS FOUNDATION

EIN:

62-1428468

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
DEPOSITS AND CREDITS	2,157	2,157	2,157
DUE FROM AFFILIATE	566	566	566

- TIN:

TY 2023 OtherExpensesSchedule

Name:

LIFEWORKS FOUNDATION

EIN:

62-1428468

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
AUTOMOBILE EXPENSE	238	0		0
ALARM	488	0		0
BANK CHARGES	30	0		0
OTHER LABOR COSTS	35	0		0
DUES, SUBSCRIPTIONS, & MEMBERSHIPS	320	0		0
INSURANCE EXPENSE	4,361	0		0
INVESTMENT MGT FEE	17,571	0		0
LEGAL FEES	788	0		0
OFFICE SUPPLIES	157	0		0
POSTAGE	409	0		0
ROUNDING	-4	0		0
TELEPHONE/COMMUNICATIONS	6,326	0		0

- TIN:

TY 2023 TaxesSchedule

Name:

LIFEWORKS FOUNDATION

EIN:

62-1428468

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL TAXES	6,216	0		0
FOREIGN TAXES	2,059	0		0
EXCISE TAX	0	0		0