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 04-01-2023 , and ending 03-31-2024
Name of foundation
NELLIE T THATCHER PERKINS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

95-6652211
B Telephone number (see instructions)

(800) 227-6468
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$2,684,773J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 75,678 74,506  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 615,314
b Gross sales price for all assets on line 6a 1,187,581
7 Capital gain net income (from Part IV, line 2)... 615,314
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
643    
12 Total. Add lines 1 through 11........ 691,635 689,820  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 29,354 26,419   2,935
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,000 0 0 1,000
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
456 410   46
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,036 844   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 33,846 27,673 0 3,981
25 Contributions, gifts, grants paid....... 107,000 107,000
26 Total expenses and disbursements. Add lines 24 and 25 140,846 27,673 0 110,981
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 550,789
b Net investment income (if negative, enter -0-) 662,147
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 357,990 129,671 129,671
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 680,968 Click to see attachment
List of Attached Documents:
// Content
420,081 		674,798
c Investments—corporate bonds (attach schedule).......   Click to see attachment
List of Attached Documents:
// Content
272,101 		270,653
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).......... 774,892 Click to see attachment
List of Attached Documents:
// Content
1,541,211 		1,609,651
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) 1,813,850 2,363,064 2,684,773
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,813,850 2,363,064
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,813,850 2,363,064
30 Total liabilities and net assets/fund balances (see instructions). 1,813,850 2,363,064
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
1,813,850
2
Enter amount from Part I, line 27a .....................
2
550,789
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,364,639
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,575
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,363,064
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 220. ISHARES CORE S P 500 ETF   2018-05-22 2023-04-04
b 225. SPDR GOLD TRUST   2000-01-01 2023-04-11
c 1. J P MORGAN CHASE CO   1911-11-11 2023-05-08
d 225. SPDR GOLD TRUST   2000-01-01 2023-05-12
e 225. SPDR GOLD TRUST   2000-01-01 2023-06-12
225. SPDR GOLD TRUST   2000-01-01 2023-07-11
225. SPDR GOLD TRUST   2000-01-01 2023-08-09
225. SPDR GOLD TRUST   2000-01-01 2023-09-11
225. SPDR GOLD TRUST   2000-01-01 2023-10-10
225. SPDR GOLD TRUST   2000-01-01 2023-11-07
18032.673 PT-CHARITABLE INCM FD     2023-11-30
1067. VANECK VECTORS JP MORGAN EM LC ETF   2021-06-29 2023-12-04
225. SPDR GOLD TRUST   2000-01-01 2023-12-07
88. BERKSHIRE HATHAWAY INC CL B   2010-05-20 2024-01-18
75. DISNEY WALT CO   2020-04-29 2024-01-18
60. DOW INC   2019-03-18 2024-01-18
60. DUPONT DE NEMOURS INC WI   2019-03-18 2024-01-18
1542.122 HARTFORD SCHRODERS EMERGING MARKETS   2017-09-20 2024-01-18
631. ISHARES CORE S P 500 ETF     2024-01-18
215. LILLY ELI & CO   2010-11-24 2024-01-18
279. MICROSOFT CORP     2024-01-18
126. AMEREN CORP   2011-03-29 2024-02-20
57. BERKSHIRE HATHAWAY INC CL B   2010-05-20 2024-02-20
100. CHEVRONTEXACO CORP COM   1994-11-03 2024-02-20
401. CISCO SYS INC   2020-04-29 2024-02-20
58. CONSTELLATION BRANDS INC A   2019-03-18 2024-02-20
350. ENTERPRISE PRODS PARTNERS L P   2008-05-14 2024-02-20
125. EXXON MOBIL CORP   1997-09-04 2024-02-20
99. LILLY ELI & CO   2010-11-24 2024-02-20
402. MICROCHIP TECHNOLOGY INC COM   2008-05-14 2024-02-20
30. NORTHROP GRUMMAN CORP   2018-11-16 2024-02-20
145. VERIZON COMMUNICATIONS   1991-05-14 2024-02-20
79. WASTE MGMT INC   2020-04-29 2024-02-20
48. BERKSHIRE HATHAWAY INC CL B   2010-05-20 2024-03-18
47. LILLY ELI & CO   2010-11-24 2024-03-18
175. MICROCHIP TECHNOLOGY INC COM   2008-05-14 2024-03-18
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 90,322   60,697 29,625
b 13   10 3
c 2     2
d 14   10 4
e 14   11 3
14   11 3
14   11 3
14   11 3
13   11 2
13   11 2
164,973   165,402 -429
26,339   31,200 -4,861
13   10 3
31,751   6,449 25,302
6,889   8,243 -1,354
3,138   3,225 -87
4,395   4,922 -527
22,793   24,566 -1,773
300,898   169,850 131,048
133,423   7,357 126,066
109,384   7,699 101,685
8,819   3,483 5,336
23,306   4,177 19,129
15,454   2,229 13,225
19,330   17,385 1,945
14,240   9,925 4,315
9,599   5,497 4,102
12,972   3,602 9,370
74,800   3,388 71,412
32,501   5,773 26,728
13,805   8,132 5,673
5,905   3,199 2,706
16,051   8,133 7,918
19,589   3,517 16,072
35,954   1,608 34,346
15,527   2,513 13,014
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
      3,368
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       29,625
b       3
c       2
d       4
e       3
      3
      3
      3
      2
      2
      -429
      -4,861
      3
      25,302
      -1,354
      -87
      -527
      -1,773
      131,048
      126,066
      101,685
      5,336
      19,129
      13,225
      1,945
      4,315
      4,102
      9,370
      71,412
      26,728
      5,673
      2,706
      7,918
      16,072
      34,346
      13,014
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 615,314
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 9,204
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 9,204
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 9,204
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 1,496
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,496
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 7,708
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow0 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (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 arrowCA
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 arrowUS BANK NA Telephone no.right arrow (800) 227-6468

Located atright arrowPO BOX 0634MILWAUKEEWI ZIP+4right arrow532010634
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
US BANK N A TRUSTEE
1 		29,354    
PO BOX 0634
MILWAUKEE,WI532010634
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right 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
2,120,867
b
Average of monthly cash balances.......................
1b
291,965
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
2,412,832
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
2,412,832
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
36,192
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,376,640
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
118,832
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
118,832
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
9,204
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,204
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
109,628
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
109,628
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
109,628
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
110,981
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
110,981
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 7 109,628
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 0
e From 2022...... 16,002
f Total of lines 3a through e ........ 16,002
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 110,981
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 109,628
e Remaining amount distributed out of corpus 1,353
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 17,355
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		17,355
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
d Excess from 2022.... 16,002
e Excess from 2023.... 1,353
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or 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

AMERICAN LUNG ASSOCIATION
ATTN RITA REDAELLI DIR
2020 CAMINO DEL RIO NORTH SUITE 20
SAN DIEGO,CA92108 		NONE PC GENERAL OPERATING 10,700

MUSCULAR DYSTROPHY ASSOCIATION
ATTN RITA REDAELLI DIR
1836 VIA CUARTO
OCEANSIDE,CA92056 		NONE PC GENERAL OPERATING 10,700

AMERICAN CANCER SOCIETY
ATTN ERIC EWING DIRECTOR
PO BOX 910549
SAN DIEGO,CA92191 		NONE PC GENERAL OPERATING 10,700

AMERICAN HEART ASSOCIATION
ATTN DANIELLE HAMMONS FDN RE ASSO ADV
9404 GENESEE AVE 240
LA JOLLA,CA92037 		NONE PC GENERAL OPERATING 10,700

SALVATION ARMY SAN DIEGO
ATTN MELINDA BALKOM DIR GRANT WRITING
6605 UNIVERSITY AVE
SAN DIEGO,CA92115 		NONE PC GENERAL OPERATING 10,700

AMERICAN RED CROSS
ATTN NATALIE LOPEZ
3950 CALLE FORTUNADA
SAN DIEGO,CA92123 		NONE PC GENERAL OPERATING 10,700

YWCA OF SAN DIEGO COUNTY
ATTN GAVON MORRIS CHIEF DEV OFFICER
1012 C STREET
SAN DIEGO,CA92101 		NONE PC GENERAL OPERATING 10,700

YMCA OF SAN DIEGO COUNTY
ATTN LOENA BARANOSKI ASSOC DIR OF PHIL
3708 RUFFIN ROAD
SAN DIEGO,CA92123 		NONE PC GENERAL OPERATING 10,700

UNITED WAY SAN DIEGO COUNTY
ATTN JIM WOODS VP CORPORATE RELATIONS
4699 MURPHY CANYON ROAD
SAN DIEGO,CA92123 		NONE PC GENERAL OPERATING 10,700

SHARP HEALTHCARE FOUNDATION
ATTN JENNIFER GUTHRIE GRANTS & RESOURC
8695 SPECTRUM CENTER BLVD
SAN DIEGO,CA92123 		NONE PC GENERAL OPERATING 10,700
Total .................................right arrow 3a 107,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 75,678  
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 ............ 		    18 615,314  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPARTNERSHIP INCOME 		900099 643      
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 643 690,992  
13Total. Add line 12, columns (b), (d), and (e)..................
13
691,635
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
NELLIE T THATCHER PERKINS FOUNDATION
EIN:
95-6652211
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,000     1,000

TY 2023 InvestmentsCorpBondsSchedule
Name:
NELLIE T THATCHER PERKINS FOUNDATION
EIN:
95-6652211
Name of Bond End of Year Book Value End of Year Fair Market Value
91282CHV6 U S TREASURY NT 135,919 135,274
91282CJE2 U S TREASURY NT 136,182 135,379

TY 2023 InvestmentsCorpStockSchedule
Name:
NELLIE T THATCHER PERKINS FOUNDATION
EIN:
95-6652211
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCK    
00724F101 ADOBE SYS INC 4,737 4,037
007903107 ADVANCED MICRO DEVIC 20,201 21,659
009066101 AIRBNB INC CL A 2,511 2,804
012653101 ALBEMARLE CORP 4,819 5,401
02079K305 ALPHABET INC CL A 26,353 27,922
023135106 AMAZON.COM INC 14,279 32,468
03027X100 AMERICAN TOWER CORP 12,466 12,251
037833100 APPLE INC 32,043 29,838
060505104 BANK OF AMERICA CORP 8,941 10,163
084670702 BERKSHIRE HATHAWAY I 3,517 20,185
09247X101 BLACKROCK INC 4,744 5,002
126650100 CVS HEALTH CORPORATI 4,716 5,105
15135B101 CENTENE CORP COM 4,860 5,023
217204106 COPART INC COM 10,271 11,468
22160K105 COSTCO WHSL CORP 2,899 2,931
235851102 DANAHER CORP 12,775 13,485
28176E108 EDWARDS LIFESCIENCES 8,824 10,416
30303M102 FACEBOOK INC A 12,422 14,567
375558103 GILEAD SCIENCES INC 2,599 2,637
437076102 HOME DEPOT INC 12,700 13,426
461202103 INTUIT INC 1,933 1,950
46625H100 J P MORGAN CHASE CO 12,501 14,221
532457108 ELI LILLY CO 1,779 40,454
550021109 LULULEMON ATHLETICA 2,217 1,953
56585A102 MARATHON PETROLEUM C 2,469 3,023
57636Q104 MASTERCARD INC 2,266 2,408
57667L107 MATCH GROUP INC NEW 2,530 2,503
594918104 MICROSOFT CORP 8,272 135,051
595017104 MICROCHIP TECHNOLOGY 3,202 20,005
60741F104 MOBILEYE GLOBAL INC 2,562 3,247
64110L106 NETFLIX.COM INC 3,435 3,644
65339F101 NEXTERA ENERGY INC 4,879 5,432
67066G104 NVIDIA CORP 21,356 31,625
697435105 PALO ALTO NETWORKS I 15,089 12,786
78409V104 S P GLOBAL INC 12,864 12,764
79466L302 SALESFORCE COM INC 12,467 13,252
806857108 SCHLUMBERGER LTD 5,043 5,700
808513105 SCHWAB CHARLES CORP 12,783 14,613
81762P102 SERVICENOW INC 12,605 12,961
871607107 SYNOPSYS INC 2,174 2,286
87612E106 TARGET CORP 14,707 19,139
88339J105 TRADE DESK INC THE C 4,917 6,731
893641100 TRANSDIGM GROUP INC 2,307 2,463
90353T100 UBER TECHNOLOGIES IN 17,945 20,556
91324P102 UNITED HEALTH GROUP 12,046 11,873
931142103 WAL MART STORES INC 11,533 15,885
98954M101 ZILLOW GROUP INC 2,537 2,345
G6095L109 APTIV PLC 2,474 2,549
H1467J104 CHUBB LTD 2,512 2,591

TY 2023 InvestmentsOtherSchedule2
Name:
NELLIE T THATCHER PERKINS FOUNDATION
EIN:
95-6652211
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
OTHER INVESTMENTS      
024524217 AMERICAN BEACON STEP AT COST 100,899 109,574
09260B374 BLACKROCK STRATEGIC AT COST 16,536 15,708
256206103 DODGE COX INTERNATI AT COST 43,320 53,561
256210105 DODGE COX INCOME AT COST 49,787 45,486
258620301 DOUBLELINE CORE FIX AT COST 79,725 67,091
464287465 ISHARES MSCI EAFE ET AT COST 95,714 129,213
464287473 ISHARES RUSSELL MIDC AT COST 100,886 111,418
464287499 ISHARES RUSSELL MID AT COST 125,295 139,505
464287655 ISHARES RUSSELL 2000 AT COST 44,910 49,841
464288687 ISHARES TRUST ISHARE AT COST 23,137 19,854
46432F842 ISHARES CORE MSCI EA AT COST 136,936 145,323
46434G103 ISHARES CORE MSCI EM AT COST 44,030 47,420
552746356 MFS INTERNATIONAL GR AT COST 18,832 28,654
72201F490 PIMCO INCOME FUND IN AT COST 193,557 175,866
74440B884 PGIM TOTAL RETURN BO AT COST 114,116 96,214
78463V107 SPDR GOLD TRUST AT COST 32,278 46,287
861728400 STONE RIDGE HY REINS AT COST 80,000 80,539
904504479 UNDISCOVERED MGRS BE AT COST 50,770 61,343
922031836 VANGUARD SHORT TERM AT COST 73,114 73,474
922042858 VANGUARD FTSE EMERGI AT COST 117,369 113,280

TY 2023 OtherDecreasesSchedule
Name:
NELLIE T THATCHER PERKINS FOUNDATION
EIN:
95-6652211
Description Amount
ENTERPRISE PROD PARTNERS INC ADJ 643
PURCHASE OF ACCRUED INT CARRYOVER ADJ 890
AMORTIZATION CARRYOVER ADJ 25
ROUNDING 17


TY 2023 OtherIncomeSchedule2
Name:
NELLIE T THATCHER PERKINS FOUNDATION
EIN:
95-6652211
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME - UBI 643 0  


TY 2023 OtherProfessionalFeesSchedule
Name:
NELLIE T THATCHER PERKINS FOUNDATION
EIN:
95-6652211
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE 456 410   46


TY 2023 TaxesSchedule
Name:
NELLIE T THATCHER PERKINS FOUNDATION
EIN:
95-6652211
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 586 586   0
FEDERAL TAX PAYMENT - PRIOR YE 696 0   0
FEDERAL ESTIMATES - PRINCIPAL 1,496 0   0
FOREIGN TAXES ON NONQUALIFIED 258 258   0