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 PALMER FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2410 LONDONBERRY BLVD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CARMEL, IN460328219
A Employer identification number

35-6691822
B Telephone number (see instructions)

(317) 590-0159
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$5,590,718J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 26,080 26,080  
4 Dividends and interest from securities... 147,523 147,523  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 414,566
b Gross sales price for all assets on line 6a 3,799,593
7 Capital gain net income (from Part IV, line 2)... 414,566
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........ 588,169 588,169  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
1,876 1,876   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,800 2,900   2,900
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
27,163 27,163   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 34,839 31,939   2,900
25 Contributions, gifts, grants paid....... 255,700 255,700
26 Total expenses and disbursements. Add lines 24 and 25 290,539 31,939   258,600
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 297,630
b Net investment income (if negative, enter -0-) 556,230
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............. 285,546 729,233 729,233
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 118,000 0 0
b Investments—corporate stock (attach schedule)....... 3,626,841 Click to see attachment
List of Attached Documents:
// Content
3,412,506 		4,166,661
c Investments—corporate bonds (attach schedule)....... 243,302 0 0
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment
List of Attached Documents:
// Content
668,080 		694,824
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) 4,273,689 4,809,819 5,590,718
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
18,267 		Click to see attachment
List of Attached Documents:
// Content
30,349
23 Total liabilities (add lines 17 through 22)......... 18,267 30,349
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 4,255,422 4,779,470
29 Total net assets or fund balances (see instructions)..... 4,255,422 4,779,470
30 Total liabilities and net assets/fund balances (see instructions). 4,273,689 4,809,819
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
4,255,422
2
Enter amount from Part I, line 27a .....................
2
297,630
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
226,418
4
Add lines 1, 2, and 3 ..........................
4
4,779,470
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,779,470
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 RAYMOND JAMES XY511 P 2023-10-05 2023-12-31
b RAYMOND JAMES X7637 P 2023-10-05 2023-12-31
c RAYMOND JAMES XK995 P 2023-10-05 2023-12-31
d RAYMOND JAMES X6406 P 2023-10-05 2023-12-31
e RAYMOND JAMES XY127 P 2023-10-05 2023-12-31
RAYMOND JAMES X9158 P 2023-10-05 2023-12-31
RAYMOND JAMES XM553 P 2023-10-05 2023-12-31
RAYMOND JAMES XU233 P 2023-10-05 2023-12-31
RAYMOND JAMES XY511 P 2021-05-20 2023-12-31
RAYMOND JAMES X7637 P 2021-05-20 2023-12-31
RAYMOND JAMES XW112 P 2021-05-20 2023-12-31
RAYMOND JAMES XK995 P 2021-05-20 2023-12-31
RAYMOND JAMES X6406 P 2021-05-20 2023-12-31
RAYMOND JAMES XY127 P 2021-05-20 2023-12-31
RAYMOND JAMES X9158 P 2021-05-20 2023-12-31
RAYMOND JAMES XF015 P 2021-05-20 2023-12-31
RAYMOND JAMES XM553 P 2021-05-20 2023-12-31
RAYMOND JAMES XU233 P 2021-05-20 2023-12-31
RAYMOND JAMES X2658 P 2023-06-20 2023-12-31
RAYMOND JAMES XL675 P 2023-02-15 2023-12-31
RAYMOND JAMES XL675 P 2018-03-15 2023-12-31
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 838,095   854,071 -18,437
b 161,014   202,233 -41,219
c 3,458   4,024 -566
d 35,923   35,077 846
e     14,645 -14,645
16,959   14,461 2,498
1,924   2,261 -337
51,000   47,000 4,000
171,919   183,327 -10,582
251,577   1 251,576
256     256
10,493   9,890 603
101,468   117,813 -16,345
15,278   14,885 393
57,157   51,480 5,677
154     154
6,411   5,919 492
1,510,738   1,312,643 198,095
12,180     12,180
101,186   108,692 -7,506
452,006   404,970 47,036
397     397
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       -18,437
b       -41,219
c       -566
d       846
e       -14,645
      2,498
      -337
      4,000
      -10,582
      251,576
      256
      603
      -16,345
      393
      5,677
      154
      492
      198,095
      12,180
      -7,506
      47,036
      397
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 2 414,566
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 7,732
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 7,732
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 7,732
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,580
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 8,580
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 181
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 667
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow667 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
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 arrowIN
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 arrowN/A
14
The books are in care ofright arrowCAROLYN J PALMER Telephone no.right arrow (317) 590-0159

Located atright arrow2410 LONDONBERRY BLVDCARMELIN ZIP+4right arrow46032
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
DONALD PALMER DIRECTOR
0.50 		0 0 0
2410 LONDONBERRY BLVD
CARMEL,IN46032
CAROLYN PALMER DIRECTOR
0.50 		0 0 0
2410 LONDONBERRY BLVD
CARMEL,IN46032
M ELAINE PALMER DIRECTOR
0.50 		0 0 0
7965 WESTFIELD ROAD
INDIANAPOLIS,IN46240
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
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
4,749,498
b
Average of monthly cash balances.......................
1b
301,805
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
5,051,303
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
5,051,303
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
75,770
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
4,975,533
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
248,777
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
248,777
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
7,732
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
7,732
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
241,045
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
241,045
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
241,045
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
258,600
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
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
258,600
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 7 241,045
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 217,232
b Total for prior years:20 , 20, 20 0
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 ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 258,600
a Applied to 2022, but not more than line 2a 217,232
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..... 41,368
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		199,677
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
DONALDCAROLYN PALMER
2410 LONDONBERRY BLVD
CARMEL,IN46032
(317) 590-0159
bThe form in which applications should be submitted and information and materials they should include:
NO SPECIAL FORM
cAny submission deadlines:
NO SPECIFIC DEADLINES
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NO RESTRICTIONS
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

BEN'S RANCH FOUNDATION INC

PO BOX 3952
CARMEL,IN46082 		NO RELATION PC GENERAL FUND 2,500

BETHEL CHURCH

BETHEL CHURCH
NOBLESVILLE,IN46060 		NO RELATION PC GENERAL FUND 5,000

CAMPTOWN

7998 GEORGETOWN ROAD
INDIANAPOLIS,IN46268 		NO RELATION PC GENERAL FUND 4,000

CENTER FOR LEADERSHIP DEVELOPMENT INC

2425 DR MARTIN LUTHER KING JR ST
INDIANAPOLIS,IN46208 		NO RELATION PC GENERAL FUND 1,500

CHRISTIAN FOUNDATION OF INDIANA INC

8445 KEYSTONE CROSSING STE 200
INDIANAPOLIS,IN46240 		NO RELATION PC GENERAL FUND 4,000

CMF INTERNATIONAL

PO BOX 501020
INDIANAPOLIS,IN46250 		NO RELATION PC GENERAL FUND 4,000

CONSERVATION LAW CENTER

116 SOUTH INDIANA
BLOOMINGTON,IN47408 		NO RELATION PC GENERAL FUND 750

DISCOVERING BROADWAY INC

1939 RUCKLE STREET
INDIANAPOLIS,IN46202 		NO RELATION PC GENERAL FUND 500

EDIFY

8825 AERO DRIVE
SAN DIEGO,CA92123 		NO RELATION PC GENERAL FUND 7,000

ELEVATE INDIANAPOLIS

PO BOX 441456
INDIANAPOLIS,IN46201 		NO RELATION PC GENERAL FUND 3,000

ENGLISH LANGUAGE INSTITUTE CHINA

1629 BLUE SPRUCE DR
FORT COLLINS,CO80524 		NO RELATION PC GENERAL FUND 1,000

FAITHTECH

3035 SE 16TH ST
NORTH BEND,WA98045 		NO RELATION PC GENERAL FUND 4,000

FAMILY HOPE

9801 FALL CREEK RD 244
INDIANAPOLIS,IN46256 		NO RELATION PC GENERAL FUND 3,000

FCA CENTRAL INDIANA

8701 LEEDS ROAD
KANSAS CITY,MO64129 		NO RELATION PC GENERAL FUND 500

GLOBAL FAITH & WORK MOVEMENT

PO BOX 1853
MOUNTAIN VIEW,CA94042 		NO RELATION PC GENERAL FUND 4,000

GOODWILL FOUNDATION OF CENTRAL & SOUTHERN INDIANA

1635 W MICHIGAN ST
INDIANAPOLIS,IN46222 		NO RELATION PC GENERAL FUND 6,000

HALFTIME WORLDWIDE

1431 GREENWAY DRIVE STE 230
IRVING,TX75038 		NO RELATION PC GENERAL FUND 500

HARRISON CENTER

1505 N DELAWARE STREET
INDIANAPOLIS,IN46202 		NO RELATION PC GENERAL FUND 1,500

HEART CHANGE MINISTRIES

1405 N TUXEDO STREET
INDIANAPOLIS,IN46201 		NO RELATION PC GENERAL FUND 13,000

HOPE INTERNATIONAL

227 GRANITE RUN DRIVE
LANCASTER,PA17601 		NO RELATION PC GENERAL FUND 6,500

HOPE SPORTS

16 PALOMAR DR
CHULA VISTA,CA91911 		NO RELATION PC GENERAL FUND 7,000

INDIANA UNIVERSITY FOUNDATION

PO BOX 500
BLOOMINGTON,IN47402 		NO RELATION PC GENERAL FUND 10,000

INDIANAPOLIS SOAP BOX DERBY ASSOCIATION INC

PO BOX 20237
INDIANAPOLIS,IN46220 		NO RELATION PC GENERAL FUND 2,000

INDIANAPOLIS THEOLOGICAL SEMINARY

8601 HAGUE ROAD
INDIANAPOLIS,IN46256 		NO RELATION PC GENERAL FUND 500

INTERNATIONAL HOUSE OF PRAYER

3535 E RED BRIDGE ROAD
KANSAS CITY,MO64137 		NO RELATION PC GENERAL FUND 2,000

INTERNATIONAL JUSTICE MISSION

PO BOX 96961
WASHINGTON DC,DC20037 		NO RELATION PC GENERAL FUND 4,000

JESUS IMAGE

PO BOX 950640
LAKE MARY,FL32810 		NO RELATION PC GENERAL FUND 2,000

KANAKUK MINISTRIES

1353 LAKE SHORE DRIVE
BRANSON,MO65616 		NO RELATION PC GENERAL FUND 3,000

KIPP INDY

1740 E 30TH STREET
INDIANAPOLIS,IN46218 		NO RELATION PC GENERAL FUND 8,000

LIFESONG FOR ORPHANS

PO BOX 9
GRIDLEY,IL61744 		NO RELATION PC GENERAL FUND 500

LITTLE RED DOOR CANCER AGENCY

1801 N MERIDAN STREET
INDIANAPOLIS,IN46202 		NO RELATION PC GENERAL FUND 1,000

LOVE JUSTICE INTERNATIONAL

PO BOX 67195
LINCOLN,NE68506 		NO RELATION PC GENERAL FUND 5,000

LUMITY

1132 S WABASH AVE STE 504
CHICAGO,IL60605 		NO RELATION PC GENERAL FUND 4,000

MARIAN UNIVERSITY

3200 COLD SPRING ROAD
INDIANAPOLIS,IN46222 		NO RELATION PC GENERAL FUND 1,000

NATIONAL CHRISITAN FOUNDATION

70 EAST 91ST STREET
INDIANAPOLIS,IN46240 		NO RELATION PC GENERAL FUND 10,000

OPPORTUNITY INTERNATIONAL

550 W VAN BUREN ST
CHICAGO,IL60607 		NO RELATION PC GENERAL FUND 5,000

PLANT WITH PURPOSE

4747 MORENA BLVD STE 100
SAN DIEGO,CA92117 		NO RELATION PC GENERAL FUND 7,000

PROVIDENCE CRISTO REY HIGH SCHOOL

75 N BELLEVIEW PL
INDIANAPOLIS,IN46222 		NO RELATION PC GENERAL FUND 750

PURDUE RESEARCH FOUNDATION

1281 WIN HENTSCHEL BLVD
WEST LAFAYETTE,IN47906 		NO RELATION PC GENERAL FUND 1,000

PURPOSEFUL-DESIGN

1710 JENKINS AVE
INDIANAPOLIS,IN46218 		NO RELATION PC GENERAL FUND 9,000

REDEEM INTERNATIONAL

PO BOX 2991
MERRIFELD,VA22116 		NO RELATION PC GENERAL FUND 5,000

RENEWING COMMUNITIES

3039 N POST RD
INDIANAPOLIS,IN46226 		NO RELATION PC GENERAL FUND 6,000

SAGAMORE INSTITUTE

6151 CENTRAL AVE
INDIANAPOLIS,IN46220 		NO RELATION PC GENERAL FUND 2,500

SECOND PRESBYTERIAN CHURCH

7700 NORTH MERIDIAN STREET
INDIANAPOLIS,IN46260 		NO RELATION PC GENERAL FUND 1,000

SHEPHERD COMMUNITY CENTER

4107 E WASHINGTON ST
INDIANAPOLIS,IN46201 		NO RELATION PC GENERAL FUND 4,000

SIMPLE CHARITY INC

201 W MAIN ST STE 100 PMB314
DURHAM,NC46082 		NO RELATION PC GENERAL FUND 5,000

SOCIETY FOR THE ADVANCEMENT OF ECCLESIAL THEOLOGY

931 LAKE STREET
OAK PARK,IL60301 		NO RELATION PC GENERAL FUND 1,500

SOUTHERN STAIRS

6833 S DAYTON ST STE 2090
GREENWOOD VILLAGE,CO80112 		NO RELATION PC GENERAL FUND 25,000

ST MARY'S EPISCOPAL SCHOOL

60 PERKINS EXTENDED
MEMPHIS,TN38117 		NO RELATION PC GENERAL FUND 2,500

TOM ELLSWORTH MINISTRIES

3918 BRECKENMORE DR
BLOOMINGTON,IN47401 		NO RELATION PC GENERAL FUND 3,000

UNION PRESBYTERIAN SEMINARY

3401 BROOK ROAD
RICHMOND,VA23227 		NO RELATION PC GENERAL FUND 2,500

UNITE INDY

241 W 38TH STREET
INDIANAPOLIS,IN46208 		NO RELATION PC GENERAL FUND 1,000

UPPER ROOM CHURCH

8119 E WASHINGTON ST
INDIANAPOLIS,IN46219 		NO RELATION PC GENERAL FUND 3,000

WHEELER MISSION

205 E NEW YORK STREET
INDIANAPOLIS,IN46204 		NO RELATION PC GENERAL FUND 5,500

YMCA OF GREATER INDIANAPOLIS

615 N ALABAMA ST STE 200
INDIANAPOLIS,IN46204 		NO RELATION PC GENERAL FUND 1,000

YOUNG LIFE

PO BOX 70065
PRESCOTT,AZ86304 		NO RELATION PC GENERAL FUND 7,200

THE OAKS ACADEMY INC

2301 N PARK AVE
INDIANAPOLIS,IN46205 		NO RELATION PC GENERAL FUND 2,000

THE ADVANCEMENT CENTER FOR WASHINGTON TWSP SCHOOLS AND NORTH CENTRAL ALUMNI

8550 WOODFIELD CROSSING BLVD
INDIANAPOLIS,IN46240 		NO RELATION PC GENERAL FUND 7,500

CHICAGO HOPE ACADEMY

2189 W BOWLER ST
CHICAGO,IL60612 		NO RELATION PC GENERAL FUND 4,000

TRADER'S POINT CHRISTIAN CHURCH

6590 S INDIANAPOLIS RD
WHITESTOWN,IN46075 		NO RELATION PC GENERAL FUND 4,000

SINAPIS

PO BOX 5414
WHEATON,IL60189 		NO RELATION PC GENERAL FUND 2,500

JUSTICE VENTURES INTERNATIONAL

14500 NEW HAMPSHIRE AVENUE
SILVER SPRING,MD20904 		NO RELATION PC GENERAL FUND 5,000
Total .................................right arrow 3a 255,700
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 26,080  
4 Dividends and interest from securities ....     14 147,523  
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 ............ 		    18 414,566  
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) .. 0 588,169 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
588,169
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE PALMER FAMILY FOUNDATION
EIN:
35-6691822
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTANT FEES 5,800 2,900   2,900

TY 2023 InvestmentsCorpStockSchedule
Name:
THE PALMER FAMILY FOUNDATION
EIN:
35-6691822
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBVIE 1,793 5,889
ALLEGION PLC ORD SHS 3,805 3,547
ALLEGION PLC ORD SHS 2,477 2,280
AMEREN CORPORATION 1,723 3,979
AMGEN INCORPORATED 3,475 6,048
ANSYS INCORPORATED 3,920 4,717
ANSYS INCORPORATED 2,544 3,266
ASPEN TECHNOLOGY 2,371 2,642
ASPEN TECHNOLOGY INCORPORATED 3,533 3,963
BENTLEY SYSTEMS INCORPORATED COM CLASS B 5,129 5,792
BENTLEY SYSTEMS INCORPORATED COM CLASS B 3,432 3,861
BERKLEY W R CORPORATION 3,118 4,102
BERKLEY W R CORPORATION 2,049 2,758
BRIGHT HORIZONS FAM SOL IN DEL 2,329 1,791
BRIGHT HORIZONS FAM SOL IN DEL 4,111 2,733
CHARLES RIV LABS INTERNATIONAL INCORPORATED 5,594 4,019
CHARLES RIV LABS INTERNATIONAL INCORPORATED 3,512 2,600
CHEMED CORPORATION NEW 2,865 3,509
CHEMED CORPORATION NEW 1,985 2,339
CISCO SYSTEMS INCORPORATED 3,184 5,355
CITIGROUP INCORPORATED 6,416 7,202
COCA COLA COMPANY 3,244 4,479
COMCAST CORPORATION NEW CLASS A 2,930 3,771
COOPER COMPANIES INCORPORATED COM NEW 5,342 5,298
COOPER COMPANIES INCORPORATED COM NEW 3,254 3,406
CVS HEALTH CORPORATION 5,449 6,396
DEVON ENERGY CORPORATION 1,771 3,216
DOLBY LABORATORIES INCORPORATED COM CLASS A 2,086 2,413
DOLBY LABORATORIES INCORPORATED COM CLASS A 3,130 3,620
DOUBLELINE LOW DURATION BOND FUND CL I N/L 114,294 109,943
DOUBLELINE LOW DURATION BOND FUND CL I N/L 484,400 483,227
DUKE ENERGY CORPORATIONNEW COM NEW 3,051 4,464
EATON VANCE SHORT DURATION GOVT INC FD CL I N/L 58,088 53,237
EATON VANCE SHORT DURATION GOVT INC FD CL I N/L 253,000 242,140
ENTERGY CORPORATION NEW 1,879 1,821
EQUIFAX INCORPORATED 2,787 2,967
EQUIFAX INCORPORATED 3,885 4,204
EXELON CORPORATION 2,832 3,662
EXPONENT INCORPORATED 3,644 3,169
EXPONENT INCORPORATED 2,355 2,113
FAIR ISAAC CORPORATION 1,562 3,492
FAIR ISAAC CORPORATION 969 2,328
FIDELITY NATL INFORMATION SVCS 4,208 4,085
FIRSTENERGY CORPORATION 2,330 3,263
GILEAD SCIENCES INCORPORATED 2,143 2,268
HENRY JACK & ASSOC INCORPORATED 2,368 2,451
HENRY JACK & ASSOC INCORPORATED 3,813 3,758
HOME DEPOT INCORPORATED 922 2,079
INTERACTIVE BROKERS GROUP INCORPORATED COM CLASS A 1,533 1,907
INTERACTIVE BROKERS GROUP INCORPORATED COM CLASS A 2,499 2,902
INTERPUBLIC GROUP 3,283 5,059
ISHARES GOLD TR ISHARES NEW 93,956 107,918
ISHARES GOLD TR ISHARES NEW 55,354 64,751
ISHARES TR CORE S&P US GWT 121,349 206,743
ISHARES TR CORE S&P US GWT 77,289 137,516
ISHARES TR SELECT DIVID ETF 5,337 8,323
ISHARES TR US SML CP VALUE 37,362 36,961
ISHARES TR US SML CP VALUE 62,375 61,756
JOHNSON & JOHNSON 2,433 3,762
JPMORGAN CHASE & COMPANY 5,094 11,057
LAMAR ADVERTISING COMPANY NEW CLASS A REIT 1,220 2,551
LCI INDUSTRIES 710 754
LCI INDUSTRIES 945 1,006
LENNOX INTERNATIONAL INCORPORATED 3,682 4,923
LENNOX INTERNATIONAL INCORPORATED 2,372 3,133
LOCKHEED MARTIN CORPORATION 1,127 5,892
LPL FINL HLDGS INCORPORATED 2,647 4,097
LPL FINL HLDGS INCORPORATED 1,760 2,731
LYONDELLBASELL INDUSTRIES N V SHS 1,887 2,852
MEDTRONIC PLC SHS 4,918 4,860
MERCK & COMPANY INCORPORATED 1,152 2,398
MORGAN STANLEY COM NEW 4,658 5,036
NETAPP INCORPORATED 1,575 2,204
NEXTERA ENERGY INCORPORATED 1,767 4,130
NORDSON CORPORATION 3,994 5,019
NORDSON CORPORATION 2,589 3,434
OLD REP INTERNATIONAL CORPORATION 2,850 4,145
OMNICOM GROUP INCORPORATED 1,874 2,249
PHILIP MORRIS INTERNATIONAL INCORPORATED 6,442 7,526
PHILLIPS 66 3,341 6,790
PIMCO MORTGAGE OPPORTUNITIES AND BOND FUND CL I2 N/L 434,334 411,633
PIMCO MORTGAGE OPPORTUNITIES AND BOND FUND CL I2 N/L 102,135 89,427
POOL CORPORATION 3,721 3,588
POOL CORPORATION 5,646 5,582
ROLLINS INCORPORATED 2,040 2,533
ROLLINS INCORPORATED 3,111 3,799
SCOTTS MIRACLE-GRO COMPANY CLASS A 8,279 2,295
SCOTTS MIRACLE-GRO COMPANY CLASS A 5,261 1,530
SEMPRA 2,188 4,334
SITEONE LANDSCAPE SUPPLY INCORPORATED 2,441 2,275
SITEONE LANDSCAPE SUPPLY INCORPORATED 3,566 3,250
SPDR S&P 500 ETF 104,571 237,665
SPDR S&P 500 ETF 509,264 950,620
SPDR UTILITIES SELECT SECTOR FUND 6,918 11,019
TELEDYNE TECHNOLOGIES INCORPORATED 3,149 3,124
TELEDYNE TECHNOLOGIES INCORPORATED 2,163 2,231
TERADYNE INCORPORATED 2,940 2,604
TERADYNE INCORPORATED 4,886 4,124
THOR INDUSTRIES INCORPORATED 2,376 2,247
THOR INDUSTRIES INCORPORATED 3,790 3,311
VERIZON COMMUNICATIONS INCORPORATED 4,555 3,582
WATSCO INCORPORATED 2,110 2,999
WATSCO INCORPORATED 3,011 4,285
ZEBRA TECHNOLOGIES CORPORATION CLASS A 3,877 2,187
ZEBRA TECHNOLOGIES CORPORATION CLASS A 5,924 3,280
CHOICE HOTELS INTERNATIONAL INCORPORATED 2,767 2,493
ZURN ELKAY WATER SOLNS CORPORATION 3,084 3,500
SAIA INCOPORATED 2,183 3,506
AGNICO EAGLE MINES LIMITED 3,684 3,840
ALLSTATE CORPORATION 3,779 4,759
BEST BUY INCORPORATED 3,763 4,619
BRISTOL-MYERS SQUIBB COMPANY 4,008 4,053
CHEVRON CORPORATION NEW 6,345 6,265
TEXAS INSTRS INCORPORATED 3,910 4,432
UNITED PARCEL SERVICE INCORPORATED CLASS B 3,885 3,931
CHOICE HOTELS INTERNATIONAL INCORPORATED 1,886 1,700
SAIA INCOPORATED 1,365 2,191
ZURN ELKAY WATER SOLNS CORPORATION 2,047 2,323
ABBVIE INCORPORATED 19,838 20,301
AGNICO EAGLE MINES LIMITED (CANADA) 12,106 12,616
ALLSTATE CORPORATION 13,003 16,378
AMEREN CORPORATION 13,170 11,140
AMGEN INCORPORATED 20,552 24,770
BEST BUY INCORPORATED 12,247 15,030
BRISTOL-MYERS SQUIBB COMPANY 13,141 13,289
CVS HEALTH CORPORATION 22,668 21,003
CHEVRON CORPORATION NEW 20,727 20,286
CISCO SYSTEMS INCORPORATED 19,805 20,713
CITIGROUP INCORPORATED COM NEW 19,921 19,804
COCA COLA COMPANY 13,248 13,141
COMCAST CORPORATION NEW CLASS A 13,731 15,260
DEVON ENERGY CORPORATION NEW 13,223 10,600
DUKE ENERGY CORPORATIONNEW COM NEW 13,180 12,906
ENTERGY CORPORATION NEW 6,649 6,274
EXELON CORPORATION 13,237 11,129
FIDELITY NATL INFORMATION SVCS 14,758 13,516
FIRSTENERGY CORPORATION 9,979 9,018
GENERAL MLS INCORPORATED 12,089 12,507
GILEAD SCIENCES INCORPORATED 6,605 6,319
HOME DEPOT INCORPORATED 6,421 6,931
INTERPUBLIC GROUP COMPANIES INCORPORATED 13,234 11,522
JPMORGAN CHASE & COMPANY 32,939 39,123
JOHNSON & JOHNSON 13,118 12,853
LOCKHEED MARTIN CORPORATION 19,690 18,583
MERCK & COMPANY INCORPORATED 6,382 6,432
MORGAN STANLEY COM NEW 13,281 12,309
NETAPP INCORPORATED 6,609 8,552
NEXTERA ENERGY INCORPORATED 15,944 13,484
OLD REP INTERNATIONAL CORPORATION 13,182 14,641
OMNICOM GROUP INCORPORATED 6,603 6,142
PHILIP MORRIS INTERNATIONAL INCORPORATED 26,410 24,743
PHILLIPS 66 20,381 25,696
SEMPRA 13,103 12,405
TEXAS INSTRS INCORPORATED 12,631 14,319
UNITED PARCEL SERVICE INCORPORATED CLASS B 12,897 13,050
VERIZON COMMUNICATIONS INCORPORATED 13,307 12,441
MEDTRONIC PLC SHS 13,240 12,934
LYONDELLBASELL INDUSTRIES N V SHS 9,820 9,318

TY 2023 InvestmentsOtherSchedule2
Name:
THE PALMER FAMILY FOUNDATION
EIN:
35-6691822
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ISHARES TR 1 3 YR TREAS BD AT COST 84,216 84,993
ISHARES TR 0-3 MNTH TREASRY AT COST 80,116 80,116
JANUS HENDERSON MORTGAGE-BACKED SECURITIES ETF AT COST 324,995 342,942
ISHARES TR 1 3 YR TREAS BD AT COST 18,372 18,541
ISHARES TR 0-3 MNTH TREASRY AT COST 17,447 17,447
JANUS HENDERSON MORTGAGE-BACKED SECURITIES ETF AT COST 70,195 75,204
LAMAR ADVERTISING COMPANY NEW CLASS A REIT AT COST 6,783 6,696
ISHARES TR SELECT DIVID ETF AT COST 25,504 30,829
SPDR UTILITIES SELECT SECTOR FUND AT COST 36,233 33,692
GENERAL MLS INCORPORATED AT COST 4,219 4,364

TY 2023 LegalFeesSchedule
Name:
THE PALMER FAMILY FOUNDATION
EIN:
35-6691822
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 1,876 1,876   0


TY 2023 OtherIncreasesSchedule
Name:
THE PALMER FAMILY FOUNDATION
EIN:
35-6691822
Description Amount
NON-DIVIDEND DISTRIBUTIONS 989
PRIOR YEAR COST BASIS ADJUSTMENT 225,429


TY 2023 OtherLiabilitiesSchedule
Name:
THE PALMER FAMILY FOUNDATION
EIN:
35-6691822
Description Beginning of Year - Book Value End of Year - Book Value
CALL SPDR S&P 0500 ETF JAN X7637 13,680 22,680
CALL SPDR S&P 0500 ETF JAN XY127 4,587 5,364
CALL SPDR S&P 0500 ETF JAN X6568 0 2,305


TY 2023 OtherProfessionalFeesSchedule
Name:
THE PALMER FAMILY FOUNDATION
EIN:
35-6691822
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVISOR FEES 27,163 27,163   0