TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

For calendar year 2023, or tax year beginning 05-01-2023 , and ending 04-30-2024

Name of foundation
ORION & EMMA B HURLBUT TR
FBO MEMORIAL FD

Number and street (or P.O. box number if mail is not delivered to street address)701 MARKET STREET
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CHATTANOOGA, TN37402

A Employer identification number

62-6034546

B Telephone number (see instructions)

(423) 757-4440

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$25,884,516J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	599,793		599,793
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		846,433
b	Gross sales price for all assets on line 6a 5,946,078
7	Capital gain net income (from Part IV, line 2)...			846,433
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).......	List of Attached Documents: // Content	229	229
12	Total. Add lines 1 through 11........	1,446,455		1,446,455
13	Compensation of officers, directors, trustees, etc.	43,548		0	43,548
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	17,600	0	17,600
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	164,438	164,438	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	373	0	373
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	225,959		164,438	61,521
25	Contributions, gifts, grants paid.......	1,200,000			1,200,000
26	Total expenses and disbursements. Add lines 24 and 25	1,425,959		164,438	1,261,521
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	20,496
b	Net investment income (if negative, enter -0-)			1,282,017
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2023)

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	708,677	485,361	485,361
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	6,551,465	List of Attached Documents: // Content 6,432,919	8,632,648
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	15,277,658	List of Attached Documents: // Content 15,640,016	16,766,507
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	22,537,800	22,558,296	25,884,516
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	22,537,800	22,558,296
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	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).....	22,537,800	22,558,296
	30	Total liabilities and net assets/fund balances (see instructions).	22,537,800	22,558,296

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

22,537,800

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

20,496

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

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

22,558,296

Decreases not included in line 2 (itemize) right arrow

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

22,558,296

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	ADVANCED AUTO PARTS	P	2022-03-22	2023-05-02
b	ADVANCED AUTO PARTS	P	2022-10-21	2023-05-02
c	ABBVIE INC	P	2021-02-01	2023-05-02
d	ACCENTURE PLC CL A	P	2021-12-29	2023-05-02
e	ADOBE INC	P	2022-10-21	2023-05-02
	AMERICAN TOWER CORP REIT	P	2021-04-26	2023-05-02
	CITIGROUP INC	P	2022-03-22	2023-05-02
	CITIGROUP INC	P	2022-10-21	2023-05-02
	CISCO SYSTEMS INC	P	2011-04-05	2023-05-02
	CISCO SYSTEMS INC	P	2020-01-07	2023-05-02
	CISCO SYSTEMS INC	P	2021-02-01	2023-05-02
	CISCO SYSTEMS INC	P	2022-03-22	2023-05-02
	EBAY INC COM	P	2014-03-05	2023-05-02
	EBAY INC COM	P	2014-07-23	2023-05-02
	EBAY INC COM	P	2021-02-01	2023-05-02
	EBAY INC COM	P	2021-12-29	2023-05-02
	EBAY INC COM	P	2022-03-22	2023-05-02
	EBAY INC COM	P	2022-10-21	2023-05-02
	FIRSTENERGY CORP	P	2018-06-11	2023-05-02
	FORTINET INC	P	2022-10-21	2023-05-02
	GILEAD SCIENCES INC	P	2019-02-07	2023-05-02
	GILEAD SCIENCES INC	P	2020-01-07	2023-05-02
	GILEAD SCIENCES INC	P	2021-04-26	2023-05-02
	HOME DEPOT INC	P	2021-02-01	2023-05-02
	HOME DEPOT INC	P	2021-12-29	2023-05-02
	HOME DEPOT INC	P	2022-03-22	2023-05-02
	INTERNATIONAL BUSINESS MACHINES CORP	P	2016-09-21	2023-05-02
	ISHARES DJ U.S. REAL ESTATE ETF	P	2017-05-01	2023-05-02
	ISHARES DJ U.S. REAL ESTATE ETF	P	2022-03-22	2023-05-02
	MASCO CORP	P	2022-03-22	2023-05-02
	MERCK & CO INC	P	2021-12-01	2023-05-02
	NORTHROP GRUMMAN CORP	P	2019-04-23	2023-05-02
	NORTHROP GRUMMAN CORP	P	2021-02-01	2023-05-02
	NXP SEMICONDUCTORS	P	2018-12-07	2023-05-02
	NXP SEMICONDUCTORS	P	2019-02-07	2023-05-02
	NXP SEMICONDUCTORS	P	2021-12-29	2023-05-02
	NXP SEMICONDUCTORS	P	2022-03-22	2023-05-02
	NXP SEMICONDUCTORS	P	2022-10-21	2023-05-02
	OMNICOM GROUP	P	2021-12-01	2023-05-02
	ORACLE CORPORATION	P	2021-02-01	2023-05-02
	ORACLE CORPORATION	P	2021-12-29	2023-05-02
	ORACLE CORPORATION	P	2022-03-22	2023-05-02
	PUBLIC SERVICE ENTERPRISE GROUP INC	P	2010-04-16	2023-05-02
	PUBLIC SERVICE ENTERPRISE GROUP INC	P	2012-02-29	2023-05-02
	PUBLIC SERVICE ENTERPRISE GROUP INC	P	2021-12-29	2023-05-02
	PUBLIC SERVICE ENTERPRISE GROUP INC	P	2022-03-22	2023-05-02
	PARKER HANNIFIN CORP	P	2022-03-22	2023-05-02
	REGENERON PHARMACEUTICALS INC	P	2022-03-22	2023-05-02
	SHERWIN WILLIAMS CO	P	2022-10-21	2023-05-02
	TARGET CORP	P	2021-12-29	2023-05-02
	TYSON FOODS INC CLASS A	P	2014-03-05	2023-05-02
	TYSON FOODS INC CLASS A	P	2019-02-07	2023-05-02
	TYSON FOODS INC CLASS A	P	2021-02-01	2023-05-02
	TYSON FOODS INC CLASS A	P	2022-03-22	2023-05-02
	TYSON FOODS INC CLASS A	P	2022-10-21	2023-05-02
	APPLE INC	P	2011-05-03	2023-06-12
	ABBVIE INC	P	2021-02-01	2023-06-12
	ACCENTURE PLC CL A	P	2021-12-29	2023-06-12
	ADOBE INC	P	2022-10-21	2023-06-12
	AKAMAI TECHNOLOGIES INC	P	2023-05-02	2023-06-12
	ALLSTATE CORP	P	2021-12-01	2023-06-12
	AMGEN INC	P	2021-12-01	2023-06-12
	AMERICAN TOWER CORP REIT	P	2021-04-26	2023-06-12
	BANK OF NEW YORK MELLON CORP	P	2023-05-02	2023-06-12
	CHUBB LTD	P	2022-03-22	2023-06-12
	CAPITAL ONE FINL CORP	P	2012-04-04	2023-06-12
	CAPITAL ONE FINL CORP	P	2022-03-22	2023-06-12
	CAPITAL ONE FINL CORP	P	2022-10-21	2023-06-12
	CAPITAL ONE FINL CORP	P	2023-05-02	2023-06-12
	CISCO SYSTEMS INC	P	2011-04-05	2023-06-12
	CHEVRON CORPORATION	P	2022-10-21	2023-06-12
	ELECTRONIC ARTS INC	P	2023-05-02	2023-06-12
	FIRSTENERGY CORP	P	2018-06-11	2023-06-12
	FORTINET INC	P	2022-10-21	2023-06-12
	GILEAD SCIENCES INC	P	2020-01-07	2023-06-12
	GILEAD SCIENCES INC	P	2022-03-22	2023-06-12
	ALPHABET INC CL A	P	2011-05-12	2023-06-12
	ALPHABET INC CL A	P	2011-05-26	2023-06-12
	HOME DEPOT INC	P	2021-02-01	2023-06-12
	HONEYWELL INTERNATIONAL INC	P	2018-06-25	2023-06-12
	HONEYWELL INTERNATIONAL INC	P	2022-03-22	2023-06-12
	INTERNATIONAL BUSINESS MACHINES CORP	P	2016-09-21	2023-06-12
	ISHARES DJ U.S. REAL ESTATE ETF	P	2017-05-01	2023-06-12
	JOHNSON & JOHNSON	P	2022-03-22	2023-06-12
	JP MORGAN CHASE & CO	P	2021-04-26	2023-06-12
	JP MORGAN CHASE & CO	P	2021-12-29	2023-06-12
	JP MORGAN CHASE & CO	P	2022-03-22	2023-06-12
	L3 HARRIS TECHNOLOGIES INC	P	2017-05-01	2023-06-12
	L3 HARRIS TECHNOLOGIES INC	P	2021-12-29	2023-06-12
	LOCKHEED MARTIN CORP	P	2022-05-31	2023-06-12
	MASCO CORP	P	2022-03-22	2023-06-12
	MCDONALDS CORP	P	2023-05-02	2023-06-12
	MCKESSON CORP	P	2010-10-19	2023-06-12
	METLIFE INC	P	2021-12-01	2023-06-12
	MERCK & CO INC	P	2021-12-01	2023-06-12
	OMNICOM GROUP	P	2021-12-01	2023-06-12
	ORACLE CORPORATION	P	2021-02-01	2023-06-12
	PUBLIC SERVICE ENTERPRISE GROUP INC	P	2010-04-16	2023-06-12
	PEPSICO INC	P	2022-03-22	2023-06-12
	PROCTER & GAMBLE CO	P	2023-05-02	2023-06-12
	PARKER HANNIFIN CORP	P	2017-05-01	2023-06-12
	PARKER HANNIFIN CORP	P	2022-03-22	2023-06-12
	REGENERON PHARMACEUTICALS INC	P	2022-03-22	2023-06-12
	SYNOPSYS INC	P	2023-05-02	2023-06-12
	TRAVELERS COMPANIES INC	P	2010-04-16	2023-06-12
	TRAVELERS COMPANIES INC	P	2021-12-01	2023-06-12
	UNUM GROUP	P	2021-12-01	2023-06-12
	WASTE MANAGEMENT INTERNATIONAL	P	2023-05-02	2023-06-12
	WALMART INC	P	2021-04-26	2023-06-12
	WALMART INC	P	2021-12-29	2023-06-12
	WALMART INC	P	2022-03-22	2023-06-12
	EXXON MOBIL CORP	P	2022-03-22	2023-06-12
	FED HERM TTL RTRN BND-INST	P	2021-02-01	2023-08-17
	FED HERM ULTRA SHRT BND-INST	P	2021-02-01	2023-08-17
	LORD ABBETT SHRT DUR INC-I	P	2013-12-03	2023-08-17
	PIMCO GLOBAL BD USD HEDGE-IN	P	2021-02-01	2023-08-17
	PIMCO INCOME FUND-INS	P	2018-01-18	2023-08-17
	THORNBURG LTD TRM INC-I	P	2021-02-01	2023-08-17
	WESTERN ASSET CORE PLUS BOND FUND-IS	P	2019-08-12	2023-08-17
	JH III INTL GRWTH-I	P	2020-06-02	2023-08-22
	DFA REAL ESTATE SECS PORT	P	2015-08-12	2023-10-30
	APPLE INC	P	2011-05-03	2024-01-29
	ABBVIE INC	P	2021-02-01	2024-01-29
	ABBVIE INC	P	2022-10-21	2024-01-29
	ACCENTURE PLC CL A	P	2021-12-29	2024-01-29
	ADOBE INC	P	2022-10-21	2024-01-29
	AKAMAI TECHNOLOGIES INC	P	2023-05-02	2024-01-29
	ALLSTATE CORP	P	2010-09-15	2024-01-29
	ALLSTATE CORP	P	2021-12-01	2024-01-29
	AMGEN INC	P	2017-05-01	2024-01-29
	AMGEN INC	P	2021-12-01	2024-01-29
	BANK OF NEW YORK MELLON CORP	P	2023-05-02	2024-01-29
	CHUBB LTD	P	2022-03-22	2024-01-29
	CAMPBELL SOUP CO	P	2022-10-21	2024-01-29
	CAMPBELL SOUP CO	P	2023-05-02	2024-01-29
	ELECTRONIC ARTS INC	P	2022-10-21	2024-01-29
	ALPHABET INC CL A	P	2011-05-26	2024-01-29
	HOME DEPOT INC	P	2021-02-01	2024-01-29
	HOME DEPOT INC	P	2022-10-21	2024-01-29
	INTERNATIONAL BUSINESS MACHINES CORP	P	2016-09-21	2024-01-29
	ISHARES DJ U.S. REAL ESTATE ETF	P	2017-05-01	2024-01-29
	ISHARES DJ U.S. REAL ESTATE ETF	P	2022-10-21	2024-01-29
	JP MORGAN CHASE & CO	P	2012-06-08	2024-01-29
	JP MORGAN CHASE & CO	P	2022-03-22	2024-01-29
	MASCO CORP	P	2022-03-22	2024-01-29
	MCDONALDS CORP	P	2023-05-02	2024-01-29
	MCKESSON CORP	P	2010-10-19	2024-01-29
	METLIFE INC	P	2010-10-19	2024-01-29
	METLIFE INC	P	2012-02-29	2024-01-29
	METLIFE INC	P	2012-06-08	2024-01-29
	METLIFE INC	P	2021-12-01	2024-01-29
	MERCK & CO INC	P	2021-12-01	2024-01-29
	MICROSOFT CORP	P	2023-05-02	2024-01-29
	OMNICOM GROUP	P	2021-12-01	2024-01-29
	ORACLE CORPORATION	P	2020-03-20	2024-01-29
	ORACLE CORPORATION	P	2021-02-01	2024-01-29
	PROCTER & GAMBLE CO	P	2023-05-02	2024-01-29
	PARKER HANNIFIN CORP	P	2017-05-01	2024-01-29
	REGENERON PHARMACEUTICALS INC	P	2022-03-22	2024-01-29
	SYNOPSYS INC	P	2023-05-02	2024-01-29
	TARGET CORP	P	2008-04-25	2024-01-29
	TARGET CORP	P	2011-05-03	2024-01-29
	TARGET CORP	P	2021-12-29	2024-01-29
	TARGET CORP	P	2022-10-21	2024-01-29
	TRAVELERS COMPANIES INC	P	2010-04-16	2024-01-29
	VERIZON COMMUNICATIONS	P	2021-12-01	2024-01-29
	WALMART INC	P	1997-10-27	2024-01-29
	WALMART INC	P	2021-04-26	2024-01-29
	WALMART INC	P	2022-10-21	2024-01-29
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	163,046	280,991	-117,945
b	7,355	10,309	-2,954
c	4,553	3,069	1,484
d	53,982	80,942	-26,960
e	105,724	86,957	18,767
	16,645	21,539	-4,894
	108,793	136,499	-27,706
	7,787	7,513	274
	10,146	3,850	6,296
	35,971	36,799	-828
	6,917	6,822	95
	15,449	18,852	-3,403
	136,443	72,509	63,934
	46,080	21,683	24,397
	13,937	18,007	-4,070
	21,354	31,536	-10,182
	7,643	9,498	-1,855
	55,072	46,738	8,334
	7,053	5,220	1,833
	87,072	75,676	11,396
	5,618	4,731	887
	14,847	11,954	2,893
	10,834	8,874	1,960
	5,853	5,393	460
	16,097	22,572	-6,475
	19,023	21,443	-2,420
	35,427	41,917	-6,490
	4,575	4,363	212
	4,159	5,278	-1,119
	2,654	2,758	-104
	38,129	24,327	13,802
	78,939	51,357	27,582
	13,532	8,803	4,729
	30,453	14,308	16,145
	211,286	110,598	100,688
	22,241	30,026	-7,785
	37,638	41,581	-3,943
	18,819	15,815	3,004
	34,758	25,871	8,887
	76,031	49,707	26,324
	48,641	45,378	3,263
	2,833	2,450	383
	312	152	160
	13,741	6,763	6,978
	1,874	1,974	-100
	3,747	4,030	-283
	8,092	7,254	838
	20,093	17,361	2,732
	114,531	102,068	12,463
	20,150	29,679	-9,529
	52,360	34,911	17,449
	30,569	29,609	960
	12,712	13,507	-795
	6,961	9,984	-3,023
	28,753	30,872	-2,119
	39,159	2,662	36,497
	6,877	5,115	1,762
	26,289	35,282	-8,993
	51,370	33,562	17,808
	38,184	32,776	5,408
	12,897	12,454	443
	9,753	9,065	688
	10,265	13,937	-3,672
	27,323	25,858	1,465
	11,404	12,838	-1,434
	101,188	50,729	50,459
	9,504	11,717	-2,213
	20,685	17,758	2,927
	46,960	37,217	9,743
	17,784	6,212	11,572
	35,370	38,926	-3,556
	5,030	5,035	-5
	19,725	14,140	5,585
	25,562	19,719	5,843
	16,498	13,763	2,735
	929	720	209
	17,734	1,942	15,792
	12,842	1,358	11,484
	14,991	13,484	1,507
	2,965	2,062	903
	7,905	7,771	134
	20,427	22,062	-1,635
	9,243	8,726	517
	17,538	19,175	-1,637
	701	759	-58
	1,401	1,585	-184
	14,715	14,929	-214
	9,447	6,552	2,895
	2,834	3,181	-347
	13,804	13,233	571
	14,516	14,618	-102
	8,616	8,930	-314
	41,361	6,445	34,916
	6,178	6,650	-472
	13,173	8,982	4,191
	13,160	9,408	3,752
	40,260	21,303	18,957
	17,091	8,335	8,756
	15,430	13,913	1,517
	13,099	14,053	-954
	21,458	9,521	11,937
	3,576	2,901	675
	7,472	6,944	528
	42,044	35,139	6,905
	6,102	1,830	4,272
	8,717	7,342	1,375
	30,264	15,064	15,200
	9,727	9,979	-252
	11,553	10,377	1,176
	3,851	3,567	284
	10,783	10,038	745
	32,451	24,959	7,492
	18,894	23,541	-4,647
	29,708	30,265	-557
	23,336	27,991	-4,655
	15,449	18,389	-2,940
	19,920	23,332	-3,412
	26,923	30,291	-3,368
	28,447	37,569	-9,122
	1,070,829	1,274,925	-204,096
	100,557	100,402	155
	56,185	3,653	52,532
	14,774	9,206	5,568
	11,491	10,288	1,203
	14,866	16,603	-1,737
	53,233	25,934	27,299
	41,848	26,853	14,995
	25,177	4,883	20,294
	6,294	4,332	1,962
	24,991	13,025	11,966
	37,486	24,174	13,312
	11,904	8,895	3,009
	14,485	12,838	1,647
	124,626	141,127	-16,501
	5,987	7,327	-1,340
	3,469	3,124	345
	27,379	2,327	25,052
	42,475	32,361	10,114
	7,079	5,477	1,602
	51,219	40,447	10,772
	49,632	44,821	4,811
	16,691	14,893	1,798
	4,298	842	3,456
	4,298	3,555	743
	6,731	5,516	1,215
	8,674	8,930	-256
	34,035	4,297	29,738
	5,277	2,692	2,585
	8,796	4,283	4,513
	2,463	927	1,536
	2,815	2,313	502
	11,492	7,111	4,381
	42,774	32,116	10,658
	166,627	123,981	42,646
	23,327	9,383	13,944
	205,529	112,072	93,457
	9,332	9,368	-36
	14,108	4,761	9,347
	42,743	31,249	11,494
	15,970	11,097	4,873
	63,700	24,453	39,247
	83,087	29,496	53,591
	9,693	15,981	-6,288
	34,619	39,522	-4,903
	6,318	1,568	4,750
	9,648	11,482	-1,834
	6,557	626	5,931
	3,279	2,767	512
	820	685	135
	136,225		136,225

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			-117,945
b			-2,954
c			1,484
d			-26,960
e			18,767
			-4,894
			-27,706
			274
			6,296
			-828
			95
			-3,403
			63,934
			24,397
			-4,070
			-10,182
			-1,855
			8,334
			1,833
			11,396
			887
			2,893
			1,960
			460
			-6,475
			-2,420
			-6,490
			212
			-1,119
			-104
			13,802
			27,582
			4,729
			16,145
			100,688
			-7,785
			-3,943
			3,004
			8,887
			26,324
			3,263
			383
			160
			6,978
			-100
			-283
			838
			2,732
			12,463
			-9,529
			17,449
			960
			-795
			-3,023
			-2,119
			36,497
			1,762
			-8,993
			17,808
			5,408
			443
			688
			-3,672
			1,465
			-1,434
			50,459
			-2,213
			2,927
			9,743
			11,572
			-3,556
			-5
			5,585
			5,843
			2,735
			209
			15,792
			11,484
			1,507
			903
			134
			-1,635
			517
			-1,637
			-58
			-184
			-214
			2,895
			-347
			571
			-102
			-314
			34,916
			-472
			4,191
			3,752
			18,957
			8,756
			1,517
			-954
			11,937
			675
			528
			6,905
			4,272
			1,375
			15,200
			-252
			1,176
			284
			745
			7,492
			-4,647
			-557
			-4,655
			-2,940
			-3,412
			-3,368
			-9,122
			-204,096
			155
			52,532
			5,568
			1,203
			-1,737
			27,299
			14,995
			20,294
			1,962
			11,966
			13,312
			3,009
			1,647
			-16,501
			-1,340
			345
			25,052
			10,114
			1,602
			10,772
			4,811
			1,798
			3,456
			743
			1,215
			-256
			29,738
			2,585
			4,513
			1,536
			502
			4,381
			10,658
			42,646
			13,944
			93,457
			-36
			9,347
			11,494
			4,873
			39,247
			53,591
			-6,288
			-4,903
			4,750
			-1,834
			5,931
			512
			135
			136,225

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	846,433
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	17,820
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	17,820
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	17,820
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	29,631
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	29,631
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	11,811
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax11,811	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

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

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address right arrow

N/A

The books are in care of right arrow

FIRST HORIZON TRUST DEPARTMENT Telephone no. right arrow

(423) 757-4446

Located at right arrow

701 MARKET STREETCHATTANOOGATN ZIP+4 right arrow

37402

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Form 990-PF (2023)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2023? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2023?....................

If "Yes," list the years right arrow

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2023.) .....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..

Form 990-PF (2023)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

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

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
DR FRANK C KIMSEY	DIRECTOR 5.00	23,951
1511 CARROLL LN CHATTANOOGA,TN37405	DIRECTOR 5.00	23,951
DR JOHN F BOXELL	DIRECTOR 5.00	19,597
100 E THIRD ST CHATTANOOGA,TN37403	DIRECTOR 5.00	19,597
JONATHON S RANSOM	DIRECTOR 5.00	0
701 MARKET ST CHATTANOOGA,TN37402	DIRECTOR 5.00	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2023)

Page 7

Part VII

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

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
FIRST HORIZON BANK	TRUSTEE	164,438
701 MARKET STREET CHATTANOOOGA,TN37402	TRUSTEE	164,438

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	PAYMENTS FOR INDIGENT CARE CANCER PATIENTS,RESEARCH,EQUIPMENT FOR ONCOLOGY	1,200,000
2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2023)

Page 8

Part IX

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

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

purposes:

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

24,744,013

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

597,019

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

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

25,341,032

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

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

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

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

25,341,032

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

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

380,115

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

24,960,917

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

1,248,046

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

1,248,046

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

17,820

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

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

17,820

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

1,230,226

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

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

1,230,226

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

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

1,230,226

Part XI

Qualifying Distributions (see instructions)

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

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

1,261,521

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

1,261,521

Form 990-PF (2023)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7					1,230,226
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......	71,844
b From 2019......
c From 2020......	53,131
d From 2021......	386,927
e From 2022......
f Total of lines 3a through e ........		511,902
4Qualifying distributions for 2023 from Part
XI, line 4: $ 1,261,521
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.....					1,230,226
e Remaining amount distributed out of corpus		31,295
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		543,197
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) ...		71,844
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		471,353
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....	53,131
c Excess from 2021....	386,927
d Excess from 2022....
e Excess from 2023....	31,295

Form 990-PF (2023)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2023	(b) 2022	(c) 2021	(d) 2020	(e) Total

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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

Check here right arrow

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2023)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AUSTIN HATCHER FOUNDATION FOR PEDIATRIC CANCER 232 EAST 11TH STREET SUITE 100 CHATTANOOGA,TN37402		PC	TO FUND FREE PSYCHO-ONCOLOGY, INDUSTRIAL ARTS, FAMILY PROGRAMS AND OCCUPATIONAL THERAPY SERVICES FOR CHILDREN WITH CANCER.	150,000
CHATTANOOGA TUMOR CLINIC 605 GLENWOOD DRIVE SUITE 412 CHATTANOOGA,TN37404		PC	TO PROVIDE CANCER-RELATED SERVICES TO THE UNDERSERVED CANCER PATIENT POPULATION IN THE CHATTANOOGA REGION.	500,000
CHI MEMORIAL FOUNDATION 2525 DE SALES AVENUE CHATTANOOGA,TN37404		PC	TO BE USED TOWARD INDIGENT CANCER PATIENT SCREENINGS. TO HELP PROVIDE ANEW BREATH EASY MOBILE LUNG SCREENING COACH	185,000
ERLANGER HEALTH FOUNDATION 975 EAST THIRD STREET SUITE B-508 CHATTANOOGA,TN37403		PC	TO FUND LOW DOSE CT LUNG SCREENINGS FOR UNISURED PATIENTS	200,000
THE HAPPY SHOES PROJECT 9581 HASTINGS WAY OOLTEWAH,TN37363		PC	TO FUND INDIGENT CANCER PATIENTS	20,000
WELCOME HOME OF CHATTANOOGA PO BOX 4247 CHATTANOOGA,TN37405		PC	TO FUND 2020 CAREGIVING PROGRAM FOR INDIGENT CANCER PATIENTS	145,000
Total ................................. 3a				1,200,000

bApproved for future payment

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

Form 990-PF (2023)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aPROGRAM SERVICES
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	599,793
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 .....					229
8 Gain or (loss) from sales of assets other than inventory ............			18	846,433
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		1,446,226	229

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

1,446,455

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
4	DIVIDEND AND INTEREST INCOME TO FUND CHARITABLE GRANTS
8	SALES OF SECURITIES TO FUND CHARITABLE GRANTS

Form 990-PF (2023)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

ORION & EMMA B HURLBUT TR

FBO MEMORIAL FD

EIN:

62-6034546

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	17,600	0		17,600

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

ORION & EMMA B HURLBUT TR

FBO MEMORIAL FD

EIN:

62-6034546

Name of Stock	End of Year Book Value	End of Year Fair Market Value
OTHER CORPORATE STOCK	6,432,919	8,632,648

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

ORION & EMMA B HURLBUT TR

FBO MEMORIAL FD

EIN:

62-6034546

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS	AT COST	15,640,016	16,766,507

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

ORION & EMMA B HURLBUT TR

FBO MEMORIAL FD

EIN:

62-6034546

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
MISCELLANEOUS RECEIPTS	229	229	229

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

ORION & EMMA B HURLBUT TR

FBO MEMORIAL FD

EIN:

62-6034546

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TRUSTEE FEES	164,438	164,438		0

- TIN:

TY 2023 TaxesSchedule

Name:

ORION & EMMA B HURLBUT TR

FBO MEMORIAL FD

EIN:

62-6034546

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAXES	373	0		373