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

26-0638552
B Telephone number (see instructions)

(800) 839-1754
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$23,967,206J 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) 12,419,628
2 Check right arrow.............
3 Interest on savings and temporary cash investments 56,053 56,053  
4 Dividends and interest from securities... 371,762 371,762  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -21,004
b Gross sales price for all assets on line 6a 2,862,088
7 Capital gain net income (from Part IV, line 2)... 777,956
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........ 12,826,439 1,205,771  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
74,031 74,031    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
586 73    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,765 18   6,747
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 81,382 74,122   6,747
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 81,382 74,122   6,747
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,745,057
b Net investment income (if negative, enter -0-) 1,131,649
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 741,281 1,917,251 1,917,251
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)   Click to see attachment
List of Attached Documents:
// Content
198,481 		199,683
b Investments—corporate stock (attach schedule)....... 10,264,618 Click to see attachment
List of Attached Documents:
// Content
20,520,170 		20,733,030
c Investments—corporate bonds (attach schedule).......   Click to see attachment
List of Attached Documents:
// Content
1,115,054 		1,117,242
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,005,899 23,750,956 23,967,206
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 11,005,899 23,750,956
29 Total net assets or fund balances (see instructions)..... 11,005,899 23,750,956
30 Total liabilities and net assets/fund balances (see instructions). 11,005,899 23,750,956
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
11,005,899
2
Enter amount from Part I, line 27a .....................
2
12,745,057
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
23,750,956
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
23,750,956
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,862,088   2,084,132 777,956
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       777,956
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 777,956
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 15,730
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 15,730
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 15,730
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 300
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,800
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 16,100
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 370
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow370 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowDE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Leo Arms Dir, Pres, Sec
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
 
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
Thomas Leo Advisory LLC Investment Mgmt 74,031
4353 Upton Ave South STE 204
MINNEAPOLIS,MN55410
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
10,677,905
b
Average of monthly cash balances.......................
1b
1,444,669
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
12,122,574
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
12,122,574
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
181,839
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
11,940,735
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
597,037
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
597,037
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
15,730
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
15,730
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
581,307
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
581,307
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
581,307
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
6,747
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
6,747
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 7 581,307
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020...... 316,997
d From 2021...... 19,906
e From 2022......  
f Total of lines 3a through e ........ 336,903
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 6,747
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 6,747
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 336,903 336,903
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		237,657
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
Total .................................right arrow 3a  
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 56,053  
4 Dividends and interest from securities ....     14 371,762  
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 -21,004  
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) ..   406,811  
13Total. Add line 12, columns (b), (d), and (e)..................
13
406,811
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


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

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

26-0638552
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
The Wayland E Noland Foundation
  		Employer identification number
26-0638552
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Wayland E Noland Inherited IRA
4353 Upton Avenue South
 
Minneapolis, MN55410

$ 12,419,628


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

$  


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

$  


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

$  


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

$  


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

$  


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

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SYSCO CORP SYY, 49 sh. $ 3,598 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 T. ROWE PRICE GROUP TROW, 28 sh. $ 3,032 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 TASEKO MINES LIMITED TGB, 337500 sh. $ 491,063 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 TEEKAY TANKERS CL A TNK, 1000 sh. $ 52,435 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 THE COCA-COLA CO KO, 232 sh. $ 13,545 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 THE MOSAIC CO MOS, 2700 sh. $ 98,226 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SPIRIT REALTY CAPITAL, INC SRC, 1000 sh. $ 43,944 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SPROTT FOCUS TR INC COM FUND, 5000 sh. $ 39,975 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SPYGLASS RESOURCES SGLRF, 25000 sh. $ 0 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 STANLEY BLACK & DECKER INC SWK, 23 sh. $ 2,266 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 STEEL DYNAMICS INC STLD, 900 sh. $ 109,656 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SPDR BLACKSTONE/GSO SENIOR LOAN ETF SRLN, 536 sh. $ 22,445 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SPDR BLOOMBERG BARCLAYS HYB ETF JNK, 227 sh. $ 21,551 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SPDR WELLS FARGO PREFERRED STOCK ETF PSK, 568 sh. $ 19,193 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SPDR PORTFOLIO MORTGAGE BACKED BOND ETF SPMB, 955 sh. $ 21,024 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 KBW REGIONAL BANKING ETF KRE, 2500 sh. $ 132,150 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SPIRIT AIRLINES INC SAVE, 4000 sh. $ 67,230 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Seven Hills Realty Trust SEVN, 55000 sh. $ 710,463 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SFL CORPORATION LTD SFL, 6000 sh. $ 69,810 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SHERWIN-WILLIAMS CO SHW, 21 sh. $ 6,556 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SMITH A O CORP DEL COM AOS, 1086 sh. $ 88,770 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SOCIETE GENERLE FRNCE ADR SCGLY, 10000 sh. $ 53,150 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SOUTHWESTERN ENERGY CO SWN, 18000 sh. $ 119,970 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SCH ST US TRSR ETF SCHO, 494 sh. $ 23,895 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 USD SCHWAB US AGGREGATE BOND SCHZ, 465 sh. $ 21,633 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SCHWAB US TIPS SCHP, 2008 sh. $ 104,767 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SCHWAB 1000 INDEX ETF SCHK, 2000 sh. $ 92,140 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SELECT SECTOR SPDR UTILITIES XLU, 400 sh. $ 25,147 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 FINANCIAL SELECT SECTOR SPDR FUND XLF, 1000 sh. $ 37,435 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 RAYTHEON TECHNOLOGIES CORP RTX, 25 sh. $ 2,092 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 S&P GLOBAL INC COM SPGI, 12 sh. $ 5,239 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SANDRIDGE ENERGY INC SD, 77 sh. $ 1,093 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SCHWAB STRATEGIC TREMERGING MKTS EQUITY SCHE, 920 sh. $ 22,460 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SCHWAB INTERMEDIATE US TRS ETF SCHR, 451 sh. $ 22,382 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CHARLES SCHWAB INTRNTNL EQ SCHF, 2500 sh. $ 91,921 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PPG INDUSTRIES INC PPG, 32 sh. $ 4,783 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PROCTER GAMBLE CO PG, 30 sh. $ 4,367 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 RAYONIER INC RYN, 2000 sh. $ 66,180 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 REAL ESTATE SELECT SECTOR SPDR XLRE, 1500 sh. $ 59,869 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 RIVERNORTH DOUBLELINE STRATEGIC OPPORTU OPP, 2000 sh. $ 16,600 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ROPER INDUSTRIES ROP, 10 sh. $ 5,441 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PEMBINA PIPELINE CORP CANADA PBA, 3000 sh. $ 103,710 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PENTAIR INC. COM PNR, 86 sh. $ 6,213 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PEPSICO INC PEP, 26 sh. $ 4,377 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PERMIAN RESOURCES CORP CLASS A PR, 13014 sh. $ 179,008 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PFIZER INC PFE, 270 sh. $ 7,665 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PRUDENTIAL SHORT DURATION HIGH YIELD FU ISD, 4000 sh. $ 49,700 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 OCEANAGOLD CORPORATION COM OCANF, 18000 sh. $ 36,180 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 OFFICE PROPERTIES INCOME TRUST OPI, 760 sh. $ 5,286 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ONE LIBERTY PROP OLP, 2538 sh. $ 56,645 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ONEOK INC OKE, 1800 sh. $ 127,327 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 OTIS WORLDWIDE CORP OTIS, 12 sh. $ 1,070 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PATTERSON-UTI ENERGY INC PTEN, 18 sh. $ 200 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NEW AMERICA HIGH INCOME FUND INC HYB, 11000 sh. $ 78,045 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NEW GOLD INC NGD, 25000 sh. $ 37,750 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NOVAVAX INC NVAX, 75 sh. $ 383 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NATL FUEL GAS CO NFG, 2700 sh. $ 137,416 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NUCOR CP NUE, 600 sh. $ 107,077 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NUVEEN MINN MUN INCOME FD SHS NMS, 667 sh. $ 7,364 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WESTERN ASSET BND FD WEA, 1000 sh. $ 10,905 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WILLIAMS COS WMB, 1000 sh. $ 35,230 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WISDOMTREE EMERGING MARKETS EQUITY INCO DEM, 550 sh. $ 22,169 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WISDOM TREE EUROPE HEDGED EQUITY FUND HEDJ, 760 sh. $ 32,395 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WISDOMTREE EUROPE SMALLCAP DIVIDEND DFE, 380 sh. $ 22,753 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WISDOMTREE INTERNATIONAL HDGD DIV GR ET IHDG, 1400 sh. $ 58,744 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WESTINGHOUSE AIR BRAKE TECHNOLOGIES WAB, 8 sh. $ 1,017 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WALGREENS BOOTS ALLIANCE WBA, 258 sh. $ 6,828 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WAL-MART STORES INC WMT, 32 sh. $ 5,010 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WARNER BROS. DISCOVERY, INC WBD, 266 sh. $ 3,023 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WESTERN ASSET HI YLD DEFINED HYI, 2504.8478 sh. $ 29,971 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WESTERN ASSET MORTGAGE DEFINED DMO, 1000 sh. $ 11,150 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 VERIZON COMMUNICATIONS VZ, 170 sh. $ 6,371 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 V F CORP VFC, 45 sh. $ 838 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 VIATRIS ORD SHS VTRS, 33 sh. $ 353 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Vistra Energy Corp VST, 2000 sh. $ 76,295 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 VITESCO TECHNOLOGIES GROUP ADR VTSCY, 200 sh. $ 3,537 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 VITESSE ENERGY INC VTS, 706 sh. $ 58,542 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PETROBANK ENERGY & RES PBEGF, 9000 sh. $ 5,040 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 US BANCORP USB, 500 sh. $ 21,912 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 UBS AG UBS, 155 sh. $ 4,800 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 VALARIS LTD WTS EXP 04/29/2028 VALWS, 68 sh. $ 847 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 VANGUARD FTSE EUROPEAN ETF VGK, 1000 sh. $ 64,400 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 VENTAS INC VTR, 750 sh. $ 37,687 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Fission 3.0 FUUFF, 1666 sh. $ 516 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Harvest Oil & Gas Corp HRST, 157 sh. $ 316 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Key Energy Services, Inc.? KEGX, 1 sh. $ 1 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Minnesota Municipal Bond ETF MINN, 400 sh. $ 9,014 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Neurobiological Technologies, Inc. NTII, 1000 sh. $ 0 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PAN AMERICAN SILV 29 RTFRIGHTS EXP PAASF, 10000 sh. $ 5,100 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Canagold Resources Ltd. CRCUF, 1000 sh. $ 160 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Canterra Minerals CTMCF, 850 sh. $ 51 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Elah Holdings, Inc. ELLH, 75 sh. $ 2,701 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Emergent Metals Corp.? EGMCF, 10 sh. $ 1 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ESSENTIAL PROPERTIES REALTY TRUST INC EPRT, 3000 sh. $ 77,857 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 First Trust Mortgage Income Fund FMY, 4900 sh. $ 58,530 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 United Corporations Limited UCPLF, 900 sh. $ 75,510 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 VanEck Energy Income ETF EINC, 703 sh. $ 48,391 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Westwater Resources, Inc. WWR, 1 sh. $ 1 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Bitterroot Resources Ltd. BITTF, 1000 sh. $ 20 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Canadian General Investments Ltd. CGRIF, 4000 sh. $ 104,640 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PARAGON OFFSHORE 781 PARAGON781, 333 sh. $ 0 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PETRO GEO ADR NEW PGSVY.PK, 1070 sh. $ 2,429 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PETRO GEO ADR NEW PGSVY.PK, 342 sh. $ 776 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Rubellite Energy RUBLF, 23 sh. $ 35 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Tag Oil Ltd TAOIF, 69 sh. $ 25 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 IQ Ultra Short Duration ETF ULTRF, 2000 sh. $ 0 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MCDONALD'S CORP MCD, 17 sh. $ 4,963 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ATLAS ENERGY LL L[ ATLAS781, 20000 sh. $ 0 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 KB RESOURCES INC KB781, 10000 sh. $ 0 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PERPETUAL ENERGY PMGYF, 1070 sh. $ 364 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 REALMARK ACQUISITIONS TW REALMARK781, 2000 sh. $ 0 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 REALMARK ACQUISITIONS TW REALMARK781, 342 sh. $ 0 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 LTC PROPERTIES INC LTC, 2500 sh. $ 81,329 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 M&T BANK CORP MTB, 27 sh. $ 3,720 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MACQUARIE/FIRST TRUST GLOBAL INFRASTR D MFD, 8700 sh. $ 67,947 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MANITOWOC CO INC MTW, 5410 sh. $ 91,456 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MARATHON OIL CORP COM MRO, 7000 sh. $ 175,525 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MCCORMICK & CO MKC, 46 sh. $ 3,130 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 KOREA FUND THE KF, 1757 sh. $ 40,490 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 KYNDRYL HOLDINGS INC KD, 13 sh. $ 268 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 LEGGETT PLATT INC LEG, 84 sh. $ 2,234 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 LINDE PLC COM LIN, 17 sh. $ 6,982 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 LMP CAPITAL AND INCOME FUND SCD, 3000 sh. $ 42,465 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 LOWES COMPANIES INC LOW, 30 sh. $ 6,695 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 JEFFERIES GROUP INC JEF, 6000 sh. $ 241,920 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 JOHN HANCOCK HEDGED EQUITY & IN HEQ, 9000 sh. $ 89,460 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 JOHNSON & JOHNSON JNJ, 25 sh. $ 3,890 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 JP MORGAN CHASE JPM, 200 sh. $ 33,595 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 KEYCORP KEY, 2000 sh. $ 28,705 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 KIRBY CORPORATION KEX, 1000 sh. $ 80,935 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 INVESCO PLC IVZ, 9000 sh. $ 160,492 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ISHARE DJ INTL SEL DIV INDEX IDV, 1475 sh. $ 41,212 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ISHARES MSCI USA MIN VOLATILITY USMV, 800 sh. $ 62,050 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ISHARES MSCI USA QUALITY FACTOR QUAL, 500 sh. $ 73,625 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ISHARES EDGE MSCI INTL QUALITY FACTOR IQLT, 1000 sh. $ 37,416 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 JANU HENDERSON SHORT DURATION INC ETF VNLA, 1000 sh. $ 48,265 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HURCO COMPANIES, INC. HURC, 1000 sh. $ 21,755 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 INTERNATIONAL BUSINESS MACHINES IBM, 65 sh. $ 10,574 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ILLINOIS TOOL WORKS ITW, 20 sh. $ 5,268 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 INDUSTRIAL LOGISTICS PROPERTIES TRUST ILPT, 502 sh. $ 2,287 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 INTEL CORP INTC, 1000 sh. $ 49,615 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 INTERNATIONAL SEAWAYS INC INSW, 2000 sh. $ 93,780 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 GRANITE CONSTRUC INC GVA, 1620 sh. $ 83,859 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HALEON PLC HLN, 2000 sh. $ 16,290 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HELIX ENERGY SOLUTIONS GROUP INC HLX, 4000 sh. $ 42,385 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HF SINCLAIR CORPORATION DINO, 2250 sh. $ 128,486 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HUDBAY MINERALS INC HBM, 10000 sh. $ 56,400 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HUNTINGTON BANCSHARES INC HBAN, 6750 sh. $ 85,944 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 FIRST TRUST HIGH INCOME LONG SHORT FUND FSD, 5461 sh. $ 63,593 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 FIRST TRUST MLP AND ENERGY INCOME FUND FEI, 6000 sh. $ 51,690 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 FORTITUDE GOLD CORP FTCO, 2142 sh. $ 12,927 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Frankin Universal Trust FT, 5000 sh. $ 33,250 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 GENERAL MILLS INC GIS, 1000 sh. $ 64,480 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 GOLD RESOURCE CORPORATION GORO, 7500 sh. $ 2,775 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 EMBECTA CORP EMBC, 3 sh. $ 56 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 EMERSON ELECTRIC CO EMR, 52 sh. $ 5,053 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ENBRIDGE INC ENB, 1000 sh. $ 36,267 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 EQT CORPORATION EQT, 2000 sh. $ 78,560 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 EXXON MOBIL CORP XOM, 10031 sh. $ 1,028,905 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 FIRST HORIZON NATL FHN, 2000 sh. $ 27,990 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 DOMINION ENERGY INC D, 1500 sh. $ 69,847 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 DOVER CORP DOV, 32 sh. $ 4,928 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 DOW INC DOW, 2587 sh. $ 143,598 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 DU PONT DE NEMOURS DD, 1200 sh. $ 91,462 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ECOLAB INC ECL, 18 sh. $ 3,573 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ELME COMMUNITIES ELME, 3000 sh. $ 43,747 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 COMMERCIAL METALS CMC, 1800 sh. $ 91,955 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CONSOLIDATED EDISON INC ED, 40 sh. $ 3,597 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CONTL AG SPONS ADR CTTAY, 2000 sh. $ 16,770 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CORENERGY INFRASTRUCTURE TRUST INC CORR, 3500 sh. $ 473 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CORTEVA INC CTVA, 1333 sh. $ 63,597 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 DEVON ENERGY CORPORATION DVN, 1800 sh. $ 83,817 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CITIGROUP INC C, 1000 sh. $ 51,159 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CITIZENS FINANCIAL GROUP, INC CFG, 1742 sh. $ 58,004 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CLIFFS NATURAL RESOURCES INC. CLF, 4000 sh. $ 83,530 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 COHEN & STEERS QLTY INCM RLTY RQI, 7000 sh. $ 84,070 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 COLGATE-PALMOLIVE COMPANY CL, 50 sh. $ 3,941 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 COMERICA INC CMA, 1800 sh. $ 100,233 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CENTRAL SECURITIES CORP CET, 2000 sh. $ 76,090 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CHEVRON CORP CVX, 1100 sh. $ 167,700 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CHUBB LIMITED CB, 23 sh. $ 5,091 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CINCINNATI FINANCIAL CORP CINF, 33 sh. $ 3,370 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CINTAS CRP CTAS, 13 sh. $ 7,797 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CISCO SYSTEMS INC CSCO, 210 sh. $ 10,547 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CNX RESOURCES CORP CNX, 5000 sh. $ 103,000 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CANADIAN NATURAL RESOURCES LTD CNQ, 2250 sh. $ 150,446 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CARDINAL HEALTH INC CAH, 64 sh. $ 6,458 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CARRIER GLOBAL CARR, 25 sh. $ 1,436 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CENOVUS ENERGY INC CVE, 8000 sh. $ 137,180 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CENTERSPACE CSR, 500 sh. $ 29,033 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 BECTON DICKINSON & CO BDX, 15 sh. $ 3,653 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 BERKSHIRE HATHAWAY INC. CLASS B BRK-B, 100 sh. $ 35,692 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 BHP BILLITON LIMITED BHP, 1400 sh. $ 95,487 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 BLACKROCK CAPITAL ALLOCATION TRUST BCAT, 5000 sh. $ 74,838 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 BNP PARIBAS SPONS ADR BNPQY, 2000 sh. $ 69,450 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Braemar Hotel & Resorts Inc BHR, 1226.4829 sh. $ 3,253 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ARTISAN PARTNERS ASSET MANAGEMENT INC APAM, 1000 sh. $ 45,115 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Aura Systems, Inc. AUSI, 8 sh. $ 1 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 AUTOMATIC DATA PROCESSING INC ADP, 21 sh. $ 4,866 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 BANC OF CALIFORNIA INC BANC, 4000 sh. $ 54,930 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 BANK OF AMERICA CORP BAC, 1500 sh. $ 50,499 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Battalion Oil Corporation BATL, 11 sh. $ 106 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 AIR PRODS & CHEM INC APD, 15 sh. $ 4,118 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ALBEMARLE CP ALB, 124 sh. $ 18,736 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 AMG ADV METALLURGI ORDF AMVMF, 1000 sh. $ 23,420 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ANGEL OAK FINANCIAL STRATEGIES INCOME T FINS, 5000 sh. $ 59,300 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 APA CORPORATION APA, 2700 sh. $ 99,684 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ARCHER DANIELS MDLND ADM, 85 sh. $ 6,126 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 VFL , 5668 sh. $ 58,125 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ALPINE TOTAL DYNAMIC DIVIDEND FUND AOD, 10000 sh. $ 80,900 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ADAMS NATURAL RESOURCES FUND INC PEO, 4860.9048 sh. $ 103,003 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ADAMS RESOURCES AND ENERGY ORD SHS AE, 2700 sh. $ 71,941 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ADVENT CLAYMORE CONV AVK, 4000 sh. $ 45,260 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 AFLAC INC AFL, 72 sh. $ 5,865 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 TOTALENERGIES SE TTE, 1000 sh. $ 68,825 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 AT&T, INC T, 1100 sh. $ 18,177 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ABBOTT LABS ABT, 43 sh. $ 4,692 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ABBVIE INC ABBV, 40 sh. $ 6,188 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ABERDEEN ASIA PACIFIC INC FD FAX, 18162.9638 sh. $ 50,948 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ALPINE GLOBAL PREMIER PROP FD AWP, 5000 sh. $ 19,250 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MCEWEN MNG INC COM MUX, 2000 sh. $ 15,120 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MEDTRONIC PLC MDT, 32 sh. $ 2,627 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MERCER INTERNATIONAL INC MERC, 5000 sh. $ 48,100 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MERCK & CO INC MRK, 900 sh. $ 96,889 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WISDOMTREE MIDCAP DIVIDEND F DON, 3000 sh. $ 137,640 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WISDOMTREE SC DIV DES, 3000 sh. $ 97,747 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WOODSIDE ENERGY GROUP WDS, 505 sh. $ 10,815 2023-12-26
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 3M CO MMM, 87 sh. $ 9,346 2023-12-26
Schedule B (Form 990) (2023)
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CITIGROUP GLOBAL MKTS - 5.600% - 01/31/ 17291RPB2, 25000 sh. $ 24,995 2023-12-28
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 JPMORGAN EQUITY PREMIUM INCO JEPI, 5000 sh. $ 274,825 2023-12-28
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WELLS FARGO & CO STEP 26 - 5.600% - 07/ 95001DDL1, 25000 sh. $ 24,734 2023-12-28
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SCHWAB US DIVIDEND EQUITY ETF SCHD, 4250 sh. $ 324,302 2023-12-28
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 GOLDMAN SACHS - 6.000% - 07/31/2026 38150ATV7, 25000 sh. $ 24,844 2023-12-28
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
The Wayland E Noland Foundation
  		Employer identification number

26-0638552
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


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TY 2023 DepreciationSchedule
Name:
The Wayland E Noland Foundation
EIN:
26-0638552
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2023 InvestmentsCorpBondsSchedule
Name:
The Wayland E Noland Foundation
EIN:
26-0638552
Name of Bond End of Year Book Value End of Year Fair Market Value
AFFILIATED MANAGERS GROUP - 4. 24,813 24,940
ALLY FINL INC - 7.200% - 06/15 25,000 24,933
ATHENE HOLDING - 4.125% - 01/1 46,108 47,693
BANK MONTREAL - 6.000% - 10/28 5,023 5,001
BARCLAYS - 6.000% - 05/21/2026 25,119 24,878
BLACK & DECKER INC - 6.272% - 25,259 25,043
BROOKFIELD FIN LLC NOTE - 4.00 6,905 6,967
BURLINGTON - 8.200% - 03/15/20 4,184 4,157
CITIGROUP GLOBAL MKTS - 5.600% 100,044 99,982
DCP MIDSTREAM OPERATING PL NOT 25,171 25,608
EATON CORP OHIO - 7.625% - 04/ 25,407 25,110
ENTERGY LA LLC - 4.440% - 01/1 24,747 24,918
FEDERAL HOME LOAN - 5.700% - 0 49,990 49,895
GOLDMAN SACHS - 6.000% - 06/22 25,025 24,943
GOLDMAN SACHS - 6.000% - 07/31 99,893 99,337
GOLDMAN SACHS - 6.250% - 10/05 50,237 50,022
JP MORGAN CHASE - 5.400% - 03/ 99,999 99,994
JP MORGAN CHASE - 5.500% - 08/ 49,999 50,024
JP MORGAN CHASE - 5.600% - 08/ 50,000 49,981
JP MORGAN CHASE - 8.000% - 04/ 27,649 27,619
OCCIDENTAL PETE - 8.500% - 07/ 27,163 27,269
ROYAL BANK OF CANADA - 5.100% 24,988 24,914
RYDER SYS INC - 5.250% - 06/01 24,672 25,343
SCHWAB CHARLES CORP - 3.750% - 24,668 24,871
SCHWAB CHARLES CORP - 3.850% - 24,304 24,527
SUNTRUST BANKS INC NOTE - 4.00 24,188 24,570
TD BANK - 5.500% - 06/14/2028 49,803 49,778
TD BANK - 5.650% - 04/28/2028 24,913 25,002
WELLS FARGO & CO STEP 26 - 5.6 99,783 99,923

TY 2023 InvestmentsCorpStockSchedule
Name:
The Wayland E Noland Foundation
EIN:
26-0638552
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO 9,346 9,511
ABBOTT LABS 4,692 4,733
ABBVIE INC 22,492 21,696
ABERDEEN ASIA PACIFIC INC FD 50,948 49,222
ADAMS NATURAL RESOURCES FUND I 103,003 100,280
ADAMS RESOURCES AND ENERGY ORD 71,942 70,686
ADVENT CLAYMORE CONV 45,260 45,520
AFLAC INC 5,865 5,940
AIR PRODS & CHEM INC 4,118 4,107
ALBEMARLE CP 29,485 24,995
ALERIAN MLP ETF 38,330 43,400
ALPINE GLOBAL PREMIER PROP FD 19,250 19,400
ALPINE TOTAL DYNAMIC DIVIDEND 80,900 80,600
AMG ADV METALLURGI ORDF 42,525 37,275
ANGEL OAK FINANCIAL STRATEGIES 59,300 59,550
APA CORPORATION 99,684 96,876
ARCHER DANIELS MDLND 6,126 6,139
ARTISAN PARTNERS ASSET MANAGEM 45,115 44,180
AT&T, INC 31,054 30,204
ATLAS ENERGY LL L[    
AURA SYSTEMS, INC. 1 1
AUTOMATIC DATA PROCESSING INC 4,866 4,892
BANC OF CALIFORNIA INC 54,930 53,720
BANK OF AMERICA CORP 50,499 50,505
BATTALION OIL CORPORATION 106 106
BAYTEX ENERGY CORP 34,425 5,750
BECTON DICKINSON & CO 10,303 9,997
BERKSHIRE HATHAWAY INC. CLASS 35,693 35,666
BHP BILLITON LIMITED 95,487 95,634
BITTERROOT RESOURCES LTD. 20 18
BLACKROCK CAPITAL ALLOCATION T 131,505 130,048
BLACKROCK DYNAMIC HIGH INCOME 87,685 93,585
BLACKROCK HEALTH SCIENCES CLOS 25,111 16,479
BLACKROCK SCIENCE AND TECHNOLO 26,486 12,778
BNP PARIBAS SPONS ADR 69,450 69,480
BRAEMAR HOTEL & RESORTS INC 3,253 3,066
CANADIAN GENERAL INVESTMENTS L 104,640 104,843
CANADIAN NATURAL RESOURCES LTD 150,446 147,420
CANAGOLD RESOURCES LTD. 160 155
CANTERRA MINERALS 51 58
CAPITAL GROUP DIVIDEND VALUE 25,030 29,840
CARDINAL HEALTH INC 36,905 45,662
CARRIER GLOBAL 1,436 1,436
CATERPILLAR INC 18,955 23,358
CENOVUS ENERGY INC 137,180 133,200
CENTERSPACE 55,470 55,290
CENTRAL SECURITIES CORP 76,090 75,540
CHARLES SCHWAB INTRNTNL EQ 600,402 670,750
CHEVRON CORP 183,892 177,650
CHUBB LIMITED 5,091 5,198
CINCINNATI FINANCIAL CORP 3,370 3,414
CINTAS CRP 7,797 7,835
CISCO SYSTEMS INC 42,610 44,710
CITIGROUP INC 51,159 51,440
CITIZENS FINANCIAL GROUP, INC 58,004 57,730
CLIFFS NATURAL RESOURCES INC. 83,530 81,680
CNX RESOURCES CORP 103,000 100,000
COHEN & STEERS QLTY INCM RLTY 94,488 96,865
COHEN AND STEERS REALTY INCOME 341,928 371,914
COLGATE-PALMOLIVE COMPANY 3,941 3,986
COLONIAL CAP IV 27,659 1
COMERICA INC 100,233 100,458
COMMERCIAL METALS 91,955 90,072
CONSOLIDATED EDISON INC 3,597 3,639
CONTL AG SPONS ADR 16,770 16,900
CORENERGY INFRASTRUCTURE TRUST 473 1,225
CORTEVA INC 63,597 63,877
DEVON ENERGY CORPORATION 83,817 81,540
DOMINION ENERGY INC 88,377 84,600
DOVER CORP 4,928 4,922
DOW INC 143,598 141,871
DU PONT DE NEMOURS 91,462 92,316
ECOLAB INC 3,573 3,570
ELAH HOLDINGS, INC. 2,701 2,325
ELME COMMUNITIES 43,748 43,800
EMBECTA CORP 161 133
EMERGENT METALS CORP.? 1 1
EMERSON ELECTRIC CO 5,053 5,061
ENBRIDGE INC 36,267 36,020
EQT CORPORATION 78,560 77,320
ESSENTIAL PROPERTIES REALTY TR 77,858 76,680
EXXON MOBIL CORP 1,055,573 1,027,395
FINANCIAL SELECT SECTOR SPDR F 37,435 37,600
FIRST HORIZON NATL 27,990 28,320
FIRST TRUST HIGH INCOME LONG S 63,593 66,023
FIRST TRUST MLP AND ENERGY INC 59,610 60,090
FIRST TRUST MORTGAGE INCOME FU 58,531 59,388
FISSION 3.0 516 500
FORTITUDE GOLD CORP 12,927 12,766
FRANKIN UNIVERSAL TRUST 33,250 33,250
FRANKLIN RES INC 59,749 67,028
GE HEALTHCARE TECHNOLOGIES INC 4,311 6,418
GENCO SHIPPING & TRADING LIMIT 22,742 896
GENERAL ELECTRIC CO 16,410 31,908
GENERAL MILLS INC 64,480 65,140
GOLD RESOURCE CORPORATION 2,775 2,850
GRANITE CONSTRUC INC 83,859 82,393
GSK PLC 28,068 29,648
HALEON PLC 16,290 16,460
HARVEST OIL & GAS CORP 316 316
HELIX ENERGY SOLUTIONS GROUP I 42,385 41,120
HF SINCLAIR CORPORATION 128,486 125,033
HUDBAY MINERALS INC 56,400 55,200
HUNTINGTON BANCSHARES INC 111,261 108,756
HUNTSMAN CORP 6,991 6,408
HURCO COMPANIES, INC. 21,755 21,530
ILLINOIS TOOL WORKS 5,268 5,239
INDUSTRIAL LOGISTICS PROPERTIE 4,050 4,921
INTEL CORP 49,615 50,250
INTERNATIONAL BUSINESS MACHINE 35,877 39,906
INTERNATIONAL SEAWAYS INC 93,780 90,960
INVESCO PLC 215,790 214,615
IQ ULTRA SHORT DURATION ETF    
ISHARE DJ INTL SEL DIV INDEX 41,212 41,285
ISHARES 0 5 YEAR HIGH YIELD CO 63,341 65,720
ISHARES 20+ YR TREAS BD 6,786 6,688
ISHARES BROAD USD HIGH YIELD C 67,074 71,129
ISHARES CORE DIVIDEND GROWTH 448,448 482,227
ISHARES EDGE MSCI INTL QUALITY 37,416 37,560
ISHARES FLOATING RATE NOTE FUN 55,184 55,595
ISHARES INT RATE HEDGED CORP B 23,995 24,603
ISHARES MSCI USA MIN VOLATILIT 62,050 62,424
ISHARES MSCI USA QUALITY FACTO 73,625 73,570
JANU HENDERSON SHORT DURATION 48,265 48,320
JEFFERIES GROUP INC 241,920 242,460
JOHN HANCOCK HEDGED EQUITY & I 89,460 90,450
JOHNSON & JOHNSON 14,551 13,323
JP MORGAN CHASE 33,595 34,020
JP MORGAN ULTRA SHORT INCOME E 578,627 579,956
JPMORGAN EQUITY PREMIUM INCO 315,283 313,386
KB RESOURCES INC    
KBW REGIONAL BANKING ETF 132,150 131,075
KEY ENERGY SERVICES, INC.? 1  
KEYCORP 28,705 28,800
KIRBY CORPORATION 80,935 78,480
KOREA FUND THE 40,490 41,114
KYNDRYL HOLDINGS INC 691 1,081
LEGG MASON INVST LOW VOL HIGH 21,319 19,993
LEGGETT PLATT INC 2,234 2,198
LINDE PLC COM 6,982 6,982
LMP CAPITAL AND INCOME FUND 42,465 42,030
LOWES COMPANIES INC 6,695 6,677
LTC PROPERTIES INC 81,329 80,300
M&T BANK CORP 3,720 3,701
MACQUARIE/FIRST TRUST GLOBAL I 67,947 68,469
MANITOWOC CO INC 91,456 90,293
MARATHON OIL CORP COM 175,525 169,120
MARKET VECTORS ETF TR FALLEN A 67,907 72,617
MCCORMICK & CO 3,130 3,147
MCDONALD'S CORP 4,963 5,041
MCEWEN MNG INC COM 15,120 14,420
MEDTRONIC PLC 2,627 2,636
MERCER INTERNATIONAL INC 48,100 47,400
MERCK & CO INC 96,890 98,118
MINNESOTA MUNICIPAL BOND ETF 9,014 9,016
NATL FUEL GAS CO 145,123 141,530
NEUROBIOLOGICAL TECHNOLOGIES,    
NEW AMERICA HIGH INCOME FUND I 78,045 77,440
NEW GOLD INC 37,750 36,500
NOVAVAX INC 383 360
NUCOR CP 107,078 104,424
NUVEEN MINN MUN INCOME FD SHS 7,364 7,324
OBSIDIAN ENERGY LTD 30,080 1,220
OCCIDENTAL PETROLEUM CORP WARR 5,938 4,866
OCEANAGOLD CORPORATION COM 36,180 34,560
OFFICE PROPERTIES INCOME TRUST 9,103 7,627
OGE ENERGY CORP 31,296 27,210
ONE LIBERTY PROP 56,645 55,608
ONEOK INC 127,328 126,396
OTIS WORLDWIDE CORP 1,070 1,074
PAN AMERICAN SILV 29 RTFRIGHTS 5,100 5,150
PARAGON OFFSHORE 781    
PATTERSON-UTI ENERGY INC 200 194
PEMBINA PIPELINE CORP CANADA 103,710 103,260
PENTAIR INC. COM 6,213 6,253
PEPSICO INC 14,954 14,267
PERMIAN RESOURCES CORP CLASS A 179,008 176,990
PERPETUAL ENERGY 364 361
PETRO GEO ADR NEW 3,205  
PETROBANK ENERGY & RES 5,040 4,860
PFIZER INC 7,665 7,773
PINNACLE WEST CAPITAL CORP 29,878 27,730
PPG INDUSTRIES INC 4,783 4,786
PROCTER GAMBLE CO 16,938 16,412
PROSHARES S&P 500 DIVIDEND ARI 75,700 81,967
PROSHARES S&P MIDCAP 400 DIVID 81,516 87,622
PRUDENTIAL FINCL INC 7,170 7,467
PRUDENTIAL SHORT DURATION HIGH 49,700 49,280
RAYONIER INC 66,180 66,820
RAYTHEON TECHNOLOGIES CORP 2,092 2,104
REAL ESTATE SELECT SECTOR SPDR 59,869 60,090
REALMARK ACQUISITIONS TW    
RIVERNORTH DOUBLELINE STRATEGI 43,407 42,450
ROPER INDUSTRIES 5,441 5,452
RUBELLITE ENERGY 35 35
S&P GLOBAL INC COM 5,239 5,286
SANDRIDGE ENERGY INC 1,093 1,053
SCH ST US TRSR ETF 486,947 486,876
SCHWAB 1000 INDEX ETF 600,643 724,155
SCHWAB FUNDAMENTAL EM MARKETS 34,960 37,562
SCHWAB FUNDAMENTAL INTL LARGE 34,952 39,936
SCHWAB FUNDAMENTAL US BROAD MK 509,001 591,937
SCHWAB INTERMEDIATE US TRS ETF 138,026 136,642
SCHWAB INTERNATIONAL DIVIDEND 435,794 474,587
SCHWAB STRATEGIC TREMERGING MK 22,460 22,807
SCHWAB US DIVIDEND EQUITY ETF 1,056,916 1,072,140
SCHWAB US TIPS 223,546 222,425
SELECT SECTOR SPDR UTILITIES 25,147 25,332
SEVEN HILLS REALTY TRUST 796,110 835,393
SFL CORPORATION LTD 69,810 67,680
SHERWIN-WILLIAMS CO 6,556 6,550
SL GREEN REALTY CORP 16,566 22,404
SMITH A O CORP DEL COM 114,647 126,628
SOCIETE GENERLE FRNCE ADR 53,150 53,700
SOUTHWESTERN ENERGY CO 119,970 117,900
SPDR BARCLAYS SHORT TERM HIGH 119,610 122,336
SPDR BLACKSTONE/GSO SENIOR LOA 111,098 113,447
SPDR BLOOMBERG BARCLAYS HYB ET 136,838 139,320
SPDR PORTFOLIO MORTGAGE BACKED 113,686 114,920
SPDR PORTFOLIO SHORT TERM CORP 61,580 62,383
SPDR WELLS FARGO PREFERRED STO 111,196 112,396
SPIRIT AIRLINES INC 67,230 65,560
SPIRIT REALTY CAPITAL, INC 43,944 43,690
SPROTT FOCUS TR INC COM 39,975 40,000
SPYGLASS RESOURCES    
STANLEY BLACK & DECKER INC 2,266 2,256
STEEL DYNAMICS INC 109,656 106,290
SYSCO CORP 3,598 3,583
T. ROWE PRICE GROUP 3,032 3,015
TAG OIL LTD 25 23
TARGET CORPORATION 11,713 11,251
TASEKO MINES LIMITED 491,062 472,500
TCW STRATEGIC INCOME FUND INC 90,900 91,800
TEEKAY TANKERS CL A 52,435 49,970
THE COCA-COLA CO 74,465 69,832
THE MOSAIC CO 98,226 96,471
TORTOISE PIPELINE & ENERGY FD 64,391 17,203
TOTALENERGIES SE 68,825 67,380
UBS AG 4,800 4,790
UNIT CORP WARRANTS EXP 09/03/2 23,004 22
UNITED CORPORATIONS LIMITED 75,510 75,602
US BANCORP 21,913 21,640
USD SCHWAB US AGGREGATE BOND 96,527 94,647
V F CORP 838 846
VALARIS LTD WTS EXP 04/29/2028 1,279 1,250
VANECK ENERGY INCOME ETF 48,391 48,205
VANGUARD FTSE EUROPEAN ETF 64,400 64,480
VANGUARD INTL HIGH DIV YIELD E 497,016 550,936
VANGUARD ST BOND ETF 463,007 473,322
VENTAS INC 61,148 63,197
VERIZON COMMUNICATIONS 23,488 22,884
VFL 58,125 57,870
VIATRIS ORD SHS 353 357
VIRTUS GLOBAL DIV INCOME 10,030 8,508
VISTRA ENERGY CORP 76,295 77,040
VITESCO TECHNOLOGIES GROUP ADR 3,537 3,364
VITESSE ENERGY INC 58,542 15,454
WAL-MART STORES INC 17,539 18,918
WALGREENS BOOTS ALLIANCE 18,127 14,569
WALT DISNEY HOLDINGS CO 5,283 5,508
WARNER BROS. DISCOVERY, INC 4,587 4,950
WESTERN ASSET BND FD 21,705 21,748
WESTERN ASSET HI YLD DEFINED 35,182 35,495
WESTERN ASSET MORTGAGE DEFINED 22,191 22,582
WESTERN ASSET/CLAYMR 37,880 35,557
WESTINGHOUSE AIR BRAKE TECHNOL 1,017 1,015
WESTWATER RESOURCES, INC. 1 1
WHIRLPOOL CORP 7,059 6,089
WILLIAMS COS 35,230 34,830
WISDOM TREE EUROPE HEDGED EQUI 32,395 32,566
WISDOMTREE DEFA 23,436 23,735
WISDOMTREE EMERGING MARKETS EQ 22,169 22,374
WISDOMTREE EUROPE SMALLCAP DIV 22,753 22,659
WISDOMTREE INTERNATIONAL HDGD 109,847 117,614
WISDOMTREE MIDCAP DIVIDEND F 137,640 137,070
WISDOMTREE SC DIV 97,748 96,510
WOODSIDE ENERGY GROUP 10,815 10,650

TY 2023 InvestmentsGovtObligationsSch
Name:
The Wayland E Noland Foundation
EIN:
26-0638552
US Government Securities - End of Year Book Value:

198,481
US Government Securities - End of Year Fair Market Value:

199,683
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 OtherExpensesSchedule
Name:
The Wayland E Noland Foundation
EIN:
26-0638552
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 6,722     6,722
Bank Charges 18 18    
State or Local Filing Fees 25     25


TY 2023 OtherProfessionalFeesSchedule
Name:
The Wayland E Noland Foundation
EIN:
26-0638552
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 74,031 74,031    


TY 2023 TaxesSchedule
Name:
The Wayland E Noland Foundation
EIN:
26-0638552
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2023 300      
990-PF Excise Tax for 2022 213      
Foreign Tax Paid 73 73