Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
Barbara Brunckhorst Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)2702 Monument Ave
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Richmond, VA23220
A Employer identification number

86-6502564
B Telephone number (see instructions)

(804) 241-9649
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$455,256,980J 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) 139,520,905
2 Check right arrow.............
3 Interest on savings and temporary cash investments 3,622,265 3,622,265  
4 Dividends and interest from securities... 6,209,762 6,209,262  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,312,615
b Gross sales price for all assets on line 6a 189,640,366
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 148,040,317 9,831,527  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 168,000     168,000
14 Other employee salaries and wages...... 60,200     60,200
15 Pension plans, employee benefits....... 17,075     17,075
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
6,175     6,175
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
130,000 45,000   85,000
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
2,124,020 2,079,020   45,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
107,111      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 411     411
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
32,530 1,712   22,000
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,645,522 2,125,732   403,861
25 Contributions, gifts, grants paid....... 18,205,000 18,205,000
26 Total expenses and disbursements. Add lines 24 and 25 20,850,522 2,125,732   18,608,861
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 127,189,795
b Net investment income (if negative, enter -0-) 7,705,795
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,467,636 2,400,934 2,400,934
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 393,104 285,993 285,993
10a Investments—U.S. and state government obligations (attach schedule) 100,141,639 Click to see attachment
List of Attached Documents:
// Content
51,523,710 		51,997,579
b Investments—corporate stock (attach schedule)....... 94,848,198 Click to see attachment
List of Attached Documents:
// Content
208,092,095 		234,299,155
c Investments—corporate bonds (attach schedule)....... 20,962,736 Click to see attachment
List of Attached Documents:
// Content
55,737,383 		57,784,810
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).......... 69,275,157 Click to see attachment
List of Attached Documents:
// Content
96,240,650 		108,488,509
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) 287,088,470 414,280,765 455,256,980
Liabilities 17 Accounts payable and accrued expenses..........   2,500
18 Grants payable................. 89,000,000 72,000,000
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)......... 89,000,000 72,002,500
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........ 198,088,470 342,278,265
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)..... 198,088,470 342,278,265
30 Total liabilities and net assets/fund balances (see instructions). 287,088,470 414,280,765
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
198,088,470
2
Enter amount from Part I, line 27a .....................
2
127,189,795
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
17,000,000
4
Add lines 1, 2, and 3 ..........................
4
342,278,265
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
342,278,265
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 Rockefeller Capital Management P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 189,640,366   190,952,981 -1,312,615
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -1,312,615
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -1,312,615
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 -1,312,615
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) 1 107,111
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 107,111
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 107,111
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 393,104
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 393,104
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 285,993
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow285,993 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowVA
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowKandel & Company Telephone no.right arrow (804) 241-9649

Located atright arrow175 Pinelawn RoadMelvilleNY ZIP+4right arrow11747
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
Richard Todd Stravitz Trustee
20.00 		84,000    
2702 Monument Avenue
Richmond,VA23220
Ansley S Dowler Trustee
1.00 		0    
4480 Springfield Road
Glen Allen,VA23060
Susan S Kemp Trustee
20.00 		84,000    
7004 Wildon Grove Road
Gordonsville,VA22942
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
Glen G Besa Grants Admin
20.00 		55,200 4,223  
4896 Burnham Road
North Chesterfield,VA23234
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
Rockefeller Capital Management Investment Management 1,994,020
One Town Center Road-Ste 500
Boca Raton,FL33486
McGuire Woods LLP Legal Services 6,175
800 East Canal Street
Richmond,VA23219
Kandel & Company CPA Professional Services 260,000
175 Pinelawn Road
Melville,NY11747
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
370,997,718
b
Average of monthly cash balances.......................
1b
4,311,995
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
375,309,713
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
 
3
Subtract line 2 from line 1d.........................
3
375,309,713
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
5,629,646
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
369,680,067
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
18,484,003
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
18,484,003
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
107,111
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
107,111
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
18,376,892
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
18,376,892
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
18,376,892
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
18,608,861
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
18,608,861
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 18,376,892
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 5,420,582
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 18,608,861
a Applied to 2022, but not more than line 2a 5,420,582
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 13,188,279
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		5,188,613
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
Capital Region Land Conservancy


PO Box 17306
Richmond,VA23226 		N/A PC General Purpose unless otherwise stated 50,000
Dogwood Alliance


PO Box 7645
Asheville,NC28802 		N/A PC General Purpose unless otherwise stated 50,000
Environmental Law Alliance Worldwid


1412 Pearl Street
Eugene,OR97401 		N/A PC General Purpose unless otherwise stated 75,000
Espanola Humane


108 Hamm Parkway
Espanola,NM87532 		N/A PC General Purpose unless otherwise stated 75,000
James River Association


16 South 17th St-Ste 100
Richmond,VA23219 		N/A PC General Purpose unless otherwise stated 75,000
Naral-Pro-Choice Virginia Foundatio


PO Box 1204
Alexandria,VA22313 		N/A PC General Purpose unless otherwise stated 75,000
Partnership for Smarter Growth


701 E Franklin St-Ste 800
Richmond,VA23219 		N/A PC General Purpose unless otherwise stated 50,000
Partnership Project Inc


PO Box 65826
Washington,DC20035 		N/A PC General Purpose unless otherwise stated 75,000
Planned Parenthood of Greater Texas


7424 Greenville Ave-Ste206
Dallas,TX75231 		N/A PC General Purpose unless otherwise stated 75,000
Richmond Animal Welfare Foundation


1600 Chamberlayne Ave
Richmond,VA23222 		N/A PC General Purpose unless otherwise stated 100,000
Rockefeller Philanthropy Advisors


90 Church Street
New York,NY10008 		N/A PC General Purpose unless otherwise stated 100,000
Tramp's Rescue


22511 Mt Cloud Road
Bowling Green,VA22427 		N/A PC General Purpose unless otherwise stated 30,000
Tri Country Animal Rescue


21287 Boca Rio Road
Boca Raton,FL33433 		N/A PC General Purpose unless otherwise stated 25,000
Union of Concerned Scientists


Two Brattle Square-6th FL
Cambridge,MA02138 		N/A PC General Purpose unless otherwise stated 75,000
VIMS Foundation


PO Box 1346
Gloucester Point,VA23062 		N/A PC General Purpose unless otherwise stated 100,000
VCU School of Medicine


924 W Franklin Street
Richmond,VA23284 		N/A PC To Fund the Liver Institute and Endow two Chairs. 17,000,000
Wildlife Center of Virginia


PO Box 1557
Waynesboro,VA22980 		N/A PC General Purpose unless otherwise stated 100,000
Virginia Conservation Network


701 E Franklin St-Ste 800
Richmond,VA23219 		N/A PC General Purpose unless otherwise stated 50,000
AASLD


1001 N Fairfax St
Alexandria,VA22314 		N/A PC General Purpose unless otherwise stated 25,000
Total .................................right arrow 3a 18,205,000
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 ........... 		    14 3,622,265  
4 Dividends and interest from securities ....     14 6,209,262 500
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 -1,312,615  
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) ..   8,518,912 500
13Total. Add line 12, columns (b), (d), and (e)..................
13
8,519,412
(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.)
4 Interest on Tax Exempt Securities
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: 23017517
Software Version: 2023v5.1


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

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

86-6502564
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
Barbara Brunckhorst Foundation
  		Employer identification number
86-6502564
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Barbara Brunckhorst 1994 Trust
2702 Monument Ave
 
Richmond, VA23220

$ 100,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
Barbara Brunckhorst 1994 Trust
2702 Monument Ave
 
Richmond, VA23220

$ 39,520,905


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
Barbara Brunckhorst Foundation
  		Employer identification number

86-6502564
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 US Treasury Securities $ 39,520,905 2023-12-05
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
Barbara Brunckhorst Foundation
  		Employer identification number

86-6502564
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID: 23017517
Software Version: 2023v5.1

TY 2023 AccountingFeesSchedule
Name:
Barbara Brunckhorst Foundation
EIN:
86-6502564
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Kandel & Company-Accounting & Tax Prep 130,000 45,000 0 85,000

TY 2023 ContractorCompensationExpln
Name:
Barbara Brunckhorst Foundation
EIN:
86-6502564
Software ID:
23017517
Software Version:
2023v5.1
Contractor Explanation
Kandel & Company CPA Accounting, Tax Preparation & Foundation Advisory Consultation
McGuire Woods LLP Legal Services Pertaining to Foundation Grants
Rockefeller Capital Management Investment Management & Advisory

TY 2023 InvestmentsCorpBondsSchedule
Name:
Barbara Brunckhorst Foundation
EIN:
86-6502564
Software ID:
23017517
Software Version:
2023v5.1
Name of Bond End of Year Book Value End of Year Fair Market Value
Aflac Inc-6.45%,8/15/40 537,774 550,925
Alabama Power-5.5%,3/15/41 199,565 197,180
Alibab Group Hldg-3.6%,11/28/24 240,463 245,227
Appalachian Power-6.375,4/1/36 902,644 383,114
Banco Santander SA-1.849%,3/25/26 357,102 370,260
Banco Santander SA-3.8%,2/23/28 369,884 376,924
Banco Santanda SA-4.375%,4/12/28 548,322 582,744
Bank of America-6%,10/15/36 259,603 271,130
Bank of America-5.875%,2/7/42 96,460 107,778
Bank of America-6.11%,1/29/37 1,945,428 1,972,451
Barrick Gold Corp-5.8%,11/15/34 589,364 599,790
Berkshire Harhaway Energy-6.5%,9/15/37 327,826 330,531
Columbia Pipeline Group Inc-5.8%,6/1/45 347,813 348,320
Comcast Corp-6.4%,3/1/40 215,177 218,456
Consolidated Edison Co-5.7%,6/15/40 503,512 515,230
Credit Suisse AG-.52%,8/9/23    
Credit Suisse AG-5%,8/3132 905,450 917,911
Duke Energy Progress Inc-6.3%,4/1/38 107,377 110,284
Enbridg Energy Ptrs LP-5.5%,9/15/40 165,223 172,287
Entergy Arkansas-4.95%,12/15/44 92,821 91,560
Entergy LA-4.9%,1/15/45 116,537 117,046
General Electric Co-3.75%,8/15/31 53,321 54,455
General Electric Co-5.3%,6/15/36 105,086 106,550
Georgia Power Co-5.4%,6/1/40 182,617 180,832
Georgia Power Co-5.85%,3/1/37 52,518 52,052
Goldman Sachs Group Inc-5.15%,7/15/38 98,014 96,433
Goldman Sachs Group Inc-6.25%,2/1/41 1,019,833 1,059,535
Halliburton Co-6.7%,9/15/38 748,906 818,230
Hartford Fin'l Svcs Group-6.1%,10/1/41 201,609 213,332
HSBC Bank USA-5.625%,8/15/35 461,485 494,100
Huntington National Bank-5.699%,11/18/25    
Indiana Mich Power-6.05%,3/15/37 104,495 106,634
Intel Corp-5.05%,8/5/62 1,511,203 1,729,858
Interstate Power & Lt-6.25%,7/15/39 177,700 188,254
JP Morgan Chase-5.5%,10/15/40 186,534 207,812
JP Morgan Chase-6.4%,5/15/38 469,954 515,219
JP Morgan Chase-4.95%,6/1/45 705,417 717,000
JP Morgan Chase-5.625%,8/16/43 448,389 466,249
JP Morgan Chase-Ser A    
Keybank National Assoc-4.9%,8/8/32 478,582 441,585
Koninklijke Philips NV 185,527 195,573
Legg Mason Inc 852,041 896,035
Lincoln National Corp-6.3%,10/9/37 180,355 184,954
Lincoln National Corp-7%,6/15/40 351,088 364,598
Lloyds Banking Group 190,874 196,686
Lloyds Banking Group 238,658 243,525
Morgan Stanley MTN-6.375%,7/24/42 1,569,512 1,686,621
Nevada Power-5.375%,9/15/40 245,085 248,653
Nevada Power-6.65%,4/1/36 299,563 302,613
Nomura Holdings Inc-5.386%,7/6/27 597,328 602,602
Pacificorp-5.75%,4/1/37 508,372 510,840
Pacificorp-6.25%,10/15/37 160,713 159,909
Philip Morris Int'l Inc-4.875%,11/15/43 1,055,683 1,080,046
Philip Morris Int'l Inc-6.375%,5/16/38 200,387 223,790
PPG Indus Inc-5.5%,11/15/40 148,150 148,995
PPL Electric Utils-6.25%,5/15/39 80,695 83,534
Prudential Fin'l Inc-5.1%,8/15/43 94,154 94,321
Prudential Fin'l Inc-6.625%,6/21/40 163,618 175,285
Public Service Elec & Gas-5.7%,12/1/36 111,865 113,690
Puget Energy Inc-5.795%,3/15/40 226,922 241,264
Puget Energy Inc-6.274%,3/15/37 315,616 323,763
Regions Bank-6.45%,6/26/37 1,205,326 1,144,388
San Diego Gas & Elec-3.95%,11/15/41 81,292 83,141
San Diego Gas & Elec-6%,6/1/39 104,846 107,064
Sierra Pacific Power-6.75%,7/1/37 603,907 610,638
Southern CA Edison-5.5%,3/15/40 163,037 177,074
Southern CA Edison-5.55%,1/15/36 99,646 101,903
Southern CA Edison-5.95%,2/1/38 103,310 104,822
Southern CA Edison-6.05%,3/15/39 104,163 105,817
Southern CA Edison-Ser 22-5.45%,6/1/52 177,692 198,916
Tampa Electric-6.15%,5/15/37 542,088 548,797
Toledo Edison-6.15%,5/15/37 106,077 107,840
Toledo Hospital Ser 2018B-6.015%,11/15/4 237,233 264,980
Toledo Hospital Ser 2018B-5.75%,11/15/38 241,088 248,320
Virginia Electric & Pwr-6.35%,11/30/37 191,529 193,078
Wisconsin Power & Light 107,646 109,805
Alabama Power-5.2%,6/1/41 189,034 199,774
Amgen Inc-5.65%,3/2/53 101,754 111,509
Amgen Inc-5.7%,3/15/40 149,724 155,041
Amgen Inc-6.4%,2/1/39 107,837 105,209
Appalachian Power-6.7%,8/15/37 376,083 939,697
Arch Capital Finance 917,620 926,320
Arizona Pub Svc Co 785,261 803,794
Assured GTY US Holdings 217,044 223,402
Atmos Energy Corp 98,537 104,510
Banco Santander SA-3.49%,5/28/30 176,046 179,844
Banco Santanda SA-5.147,8/18/25 592,910 596,532
Bank America Corp 105,855 106,328
Bank America Corp 108,819 106,508
Bank America Corp 348,092 343,703
Barclays Bank PLC 192,350 195,698
Barrick Gold Corp-6.45%,10/15/35 105,362 110,259
Berkshire Harhaway Energy-5.75%,1/15/40 98,199 113,014
Cieco Pwr LLC 100,210 99,312
Cisco Systems Inc 197,550 221,844
Citibank NA 246,525 261,033
Citigroup Inc-6.125%,8/25/36 157,260 159,621
Consolidated Edison NY-5.5%,12/1/39 99,698 101,020
Consolidated Edison NY-6.15%,11/15/52 266,173 282,882
Dominion Energy-5.45%,2/1/41 98,545 101,356
DTE Electric Co 99,639 102,364
Duke Energy Ohio-5.65%,4/1/53 451,514 471,303
Duke Energy Progree-6.45%,4/1/39 296,904 308,168
Dupont De Nemours-5.419%,11/15/48 598,272 623,562
Florida Pwr & Lt-5.95%,2/1/38 195,690 218,806
Florida Pwr & Lt-5.96%,4/1/39 98,103 110,114
Goldman Sachs Group Inc-6%,7/5/28 99,745 99,816
Goldman Sachs Group Inc-6.75%,10/1/37 1,072,671 1,100,740
Halliburton-4.75%,8/1/43 90,723 93,766
Halliburton-5%,11/15/45 504,718 533,775
Hartford Fin'l Svcs Group-6.625%,3/30/40 266,773 276,078
Hartford Fin'l Svcs Group-6.625%,4/15/42 207,623 207,288
Huntington National Bank 299,925 296,250
IBM Corp-4.7%,2/19/46 180,688 189,222
IBM Corp-5.1%,2/6/53 280,480 300,897
Indiana Mich Power 202,236 209,814
Intel Corp-5.9%,2/10/63 1,519,717 1,671,900
Lloyds Banking Group-4.45%,5/8/25 194,590 197,562
Lowes Cos Inc-5.75%,7/1/53 97,776 105,944
Lowes Cos Inc-5.8%,10/15/36 101,955 107,676
Lowes Cos Inc-5.8%,9/15/62 752,858 793,545
Lowes Cos Inc-5.85%,4/1/63 302,113 314,190
Lowes Cos Inc-6.65%,9/15/37 211,943 224,510
McKesson Corp-6%,3/1/41 310,997 309,762
Merck & Co-5.85%,6/30/39 97,044 108,402
Meta Platforms-5.75%,5/15/63 1,013,314 1,121,811
Meta Platforms-4.65%,8/15/62 429,715 465,495
MetLife Inc-5.25%,1/15/54 190,562 205,350
MetLife Inc-5.875%,2/6/41 101,252 108,778
Mississippi Power Co-4.75%,10/15/41 90,330 87,390
Mizuho Fin'l Group-2.839%,9/13/26 227,545 237,053
Montefiore Med Ctr NY-4.287%,9/1/50 376,975 405,890
Nevada Power-5.45%,5/15/41 235,407 239,004
Nomura Holdings Inc-5.842%,1/18/28 202,275 204,411
Oklahoma Gas & Elrctric-5.6%,4/1/53 349,335 367,511
Oracle Corp-5.55%,2/6/53 934,310 1,000,280
Pacificorp-5.55%,5/15/54 99,421 98,111
Pacificorp-6,1/15/39 303,904 313,233
Pfizer-5.6%,9/15/40 95,152 105,484
Philip Morris Int'l Inc-4.5%,3/20/42 881,840 896,390
Philips 66-4.9%,10/1/46 90,555 93,339
PNC Bank Pittsburgh-4.05%,7/26/28 231,540 240,892
Prudential Fin'l Inc-6.2%,11/15/40 105,844 108,167
Public Service Co-6.625%,11/15/37 269,227 275,638
Raymond James Fin'l Inc-4.95%,7/15/46 93,006 93,289
Ross Stores-5.45%,4/15/50 987,190 933,120
San Diego Gas & Elec-5.35%,4/1/53 97,721 101,169
Shell Int'l Fin'l-6.375%,12/15/38 128,185 143,731
Simon Pacific Group-5.85%,3/8/53 98,056 106,166
Southern CA Edison-5.55%,1/15/37 246,478 250,015
Southern CA Edison-5.7%,3/1/33 179,032 184,193
Southern CA Edison-5.875%,12/1/53 510,990 537,540
Southern CA Gas Co-5.125%,11/15/40 93,277 98,710
Southern CA Gas Co-5.75%,6/1/53 1,010,272 1,050,750
Southern CA Gas Co-56.35%,11/15/52 109,161 114,334
Southwestern Pub Svc-5.15%,6/1/52 94,281 90,268
Spectra Energy Partners LP-5.95%,9/25/43 200,877 204,234
Swiss Bank corp-7.75%,9/1/26 211,034 212,534
Tampa Electric-6.55%,5/15/36 267,980 272,450
Transcanada Pipelines Ltd-5%,10/16/43 182,472 186,308
Transcanada Pipelines Ltd-6.1%,6/1/40 531,559 526,415
Truist Bank Charlotte NC-3.3%,5/15/26 460,910 477,225
Tucson Electric Power-5.5%,4/15/53 199,329 203,750
Uniom Electric Co-5.45%,3/15/53 99,286 103,100
Verizon Communications Inc 218,961 230,078
Walmart Inc 192,978 221,878
Wells Fargo & Co-4.75%,12/7/46 892,380 880,700
Wells Fargo Bank Nat'l-5.95%,8/26/36 254,334 256,958
West VA Univ Health Sys-4.924%,6/1/48 98,852 96,846

TY 2023 InvestmentsCorpStockSchedule
Name:
Barbara Brunckhorst Foundation
EIN:
86-6502564
Software ID:
23017517
Software Version:
2023v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
Abbvie 5,009,628 5,268,980
Alphabet Inc 3,146,350 3,664,180
Amazon Inc 7,893,005 7,597,000
AT & T Inc-Pfd 5%, 50,000 41,980
Bank of America Corp 611,875 673,400
BCE Inc    
Berkley WR Corp Pfd-5.1% 25,000 23,540
Bristol Myers Squibb Co    
Capital One Fin'l Corp Pfd J-4.8% 50,000 35,280
Caterpillar Inc 3,136,856 3,252,370
Chevron Corp 4,229,695 3,729,000
Deere & Co 5,321,849 5,598,180
Eli Lilly & Co 8,838,750 11,075,480
Emerson Electric Co    
Exxon Mobil Corp 2,130,225 1,799,640
Ford Motor Co    
Ford Motor Co Pdf-6% 150,000 140,580
General Dynamics Corp    
GSK PLC ADR 1,139,344 1,185,920
Goldman Sachs Group Inc 1,069,120 1,157,310
IBM Corp 2,425,339 2,943,900
L3 Harris Technologies Inc 2,144,542 2,527,440
McDonalds Corp    
Merck & Co 3,732,328 4,360,800
Nvidia Corp 12,931,903 14,856,600
Pfizer Inc    
Target Corp    
Vulcan Materials Co    
Walmart Inc-5.625%,4/1/40 4,362,283 4,729,500
Microsoft Corp 7,748,977 10,529,120
Baker Hughes Co-CL A    
Berkshire Hathaway Inc 3,132,044 3,209,940
Cheniere Energy Inc    
Costco Wholesale Corp 3,935,319 4,620,560
Dollar General Corp    
Equinor ASA ADR    
Ford Motor Co 251,361 232,500
Hershey Company    
Johnson & Johnson 471,665 470,220
Kimberly Clark Corp    
Kinder Morgan Inc    
Kymera Therapeutics Inc    
Lockheed Martin Corp 3,897,457 3,852,540
Moderna Inc    
Northrop Grumman Corp 1,453,991 1,404,420
United Rentals Inc 5,266,383 6,307,620
Adobe Systems Inc 7,791,990 8,799,850
Advanced Micro Devices Inc 1,737,785 2,063,740
Affirm Holdinds inc 527,485 589,680
American Express Co 1,631,594 1,873,400
Apple Corp 6,578,560 8,086,260
Arista Networks Inc 1,282,567 1,413,060
ARM Holdings PLC 427,026 450,870
Astrazeneca ADR 2,312,414 2,222,550
Bank of Montreal 774,122 791,520
Benton Dickenson & Co 1,284,562 1,219,150
Block Inc CL A 365,548 386,750
Boeing Co 1,945,962 2,085,280
BP PLC ADR 402,595 354,000
Broadcom Inc 5,271,860 6,697,500
Cisco Systems Inc 1,098,999 1,010,400
Citigroup 349,640 360,080
Conoco Phillips 954,027 928,560
Crispr Therapaeutics AG 828,052 751,200
Crowdstrike Holding Inc 3,240,098 3,829,800
Cummins Inc 1,474,190 1,437,420
Devon Energy Corp 364,179 362,400
Diamondback Energy Inc 805,890 775,400
Docusign Inc 665,153 713,400
ELF Beauty Inc 438,006 433,020
EQT Corp 323,764 309,280
Exact Sciences Corp 690,856 739,800
Ferrari NV Euro 731,374 676,860
GE healthcare Technologies Inc 2,558,647 2,706,200
General Electric Co 2,168,114 2,807,860
Gilead Sciences Inc 1,263,035 1,215,150
Illinois Tool Works Inc 993,960 1,047,760
Intel Corp 2,137,412 3,015,000
Intuitive Surgical Inc 5,114,236 5,735,120
KLA Corp 4,758,930 5,231,700
LAM Research 3,365,593 3,916,300
Lululemon Athletica Inc 3,430,291 4,090,320
Madrigal Pharmaceuticals Inc 2,115,652 2,545,180
Mercedes Benz Group AG 922,077 829,200
Meta Platforms Inc CL A 5,306,360 7,079,200
Micron Technologies Inc 174,580 170,680
Morgan Stanley Co 881,639 932,500
Nexterra Energy Inc    
Nucor Corp 2,650,734 2,784,640
Onto Innovation Inc 1,145,247 1,223,200
Palantir Technologies Inc CL A 59,850 51,510
Palo Alto Networks Inc 4,736,477 6,634,800
Parker Hannifin Corp 865,246 921,400
Paypal Holdings Inc 245,575 245,640
Pioneer Natural Resources Co 2,978,772 2,923,440
Regeneron Pharmaceuticals Inc 421,651 439,145
RTX Corporation 1,209,975 1,262,100
Salesforce Inc 488,282 526,280
Schwab, Charles Corp 787,668 825,600
Servicenow Inc 5,226,031 6,005,165
Shopify Inc CL A 1,219,451 1,324,300
Southern Copper Corp 835,798 860,700
Southewestern Energy Co 100,613 98,250
Starbucks Corp 209,190 192,020
Taiwan Semiconductor Manu'f 1,554,647 1,664,000
Tesla Inc 1,961,394 1,987,840
The Trade Desk 149,526 143,920
Uber Technologies Inc 185,965 184,710
Ulta Beauty Inc 487,863 489,990
United Health Group Inc 1,860,210 1,842,645
Vertex Pharmaceuticals Inc 4,667,817 5,696,460

TY 2023 InvestmentsGovtObligationsSch
Name:
Barbara Brunckhorst Foundation
EIN:
86-6502564
Software ID:
23017517
Software Version:
2023v5.1
US Government Securities - End of Year Book Value:

51,504,257
US Government Securities - End of Year Fair Market Value:

51,977,740
State & Local Government Securities - End of Year Book Value:


19,453
State & Local Government Securities - End of Year Fair Market Value:


19,839


TY 2023 InvestmentsOtherSchedule2
Name:
Barbara Brunckhorst Foundation
EIN:
86-6502564
Software ID:
23017517
Software Version:
2023v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Canadian Inp Bank Community-7/26/24 AT COST 1,000,000 986,550
Citigroup Global Mkts Holdings-9/20/24 AT COST 2,000,000 1,865,800
JP Morgan Chase Fin'l-Ser A-8/2/24 AT COST    
UBS AG London Branch-10/25/24 AT COST    
Industrial Select Sector SPDR AT COST    
Invesco QQQ Tr Unit Ser 1 AT COST 9,377,113 12,080,840
Ishares Select 100 Index fd AT COST 1,999,829 2,358,105
Ishares Select Div ETF AT COST    
Ishares Tr US Med Dvc ETF AT COST    
Proshares S&P 500 Div EFT AT COST 2,663,270 2,902,934
Select Sector SPDR Tr Energy AT COST 1,826,191 1,676,800
Select Sector SPDR Tr Technology AT COST 4,323,962 5,966,880
SPDR Dow Jones Ind Aver ETF AT COST    
SPDR FTSE/Macquire Global AT COST    
SPDR S&P 500 ETF Tr AT COST 18,244,745 20,913,640
SPDR Ser Tr S&P Div ETF AT COST    
Vaneck ETF Tr Semi ETF AT COST 5,651,852 7,869,150
Vanguard World Fd ESG US ETF AT COST    
Citigroup Global Mkts Holdings-10/24/23 AT COST    
Citigroup Global Mkts Holdings-5/23/23 AT COST    
Citigroup Global Mkts Holdings-6/23/23 AT COST    
Citigroup Global Mkts Holdings-8/1/23 AT COST    
GS Fin'l Corp MTN-0%,10/5/24 AT COST    
GS Fin'l Corp MTN-0%,2/5/25 AT COST    
GS Fin'l Corp MTN-0%,6/21/24 AT COST    
JP Morgan Chase-Ser A-10/24/23 AT COST    
Morgan Stanley-Ser A-0%,1/10/25 AT COST 2,000,000 2,016,500
Royal Bank CDC-11/14/24 AT COST 1,000,000 1,011,900
UBS AG London MTN-1/31/25 AT COST    
Utilities Select Sector SPDR AT COST    
Bank America Ser A AT COST 1,000,000 1,106,200
Citigroup Global Mkts-0%,9/30/24 AT COST 1,000,000 964,000
Citigroup Global Mkts-0%,1/23/25 AT COST 2,000,000 2,343,800
Citigroup Global Mkts-0%,1/6/25 AT COST 3,000,000 3,204,800
Citigroup Global Mkts-0%,12/5/24 AT COST 500,000 626,250
GS Fin'l Corp MTN-0%,1/2/25 AT COST 2,000,000 2,099,051
GS Fin'l Corp MTN-0%,12/19/24 AT COST 500,000 520,963
GS Fin'l Corp MTN-0%,12/4/24 AT COST 500,000 521,681
HSBC Bank USA-0%,12/2/24 AT COST 750,000 798,375
JP Mprgan Chase Fin'l-0%,12/19/24 AT COST 500,000 593,200
JP Mprgan Chase Fin'l-0%,3/5/25 AT COST 1,000,000 1,566,400
JP Mprgan Chase Fin'l-0%,7/31/24 AT COST 800,000 866,880
JP Mprgan Chase Fin'l-0%,10/25/24 AT COST 500,000 543,075
JP Mprgan Chase Fin'l-0%,12/4/24 AT COST 500,000 513,900
JP Mprgan Chase Fin'l-0%,8/13/25 AT COST 3,000,000 3,023,100
JP Mprgan Chase Fin'l-0%,9/30/24 AT COST 1,000,000 1,018,800
Morgan Stanley-Ser A-0%,8/5/25 AT COST 2,000,000 2,019,500
Royal Bank CDA-0%,1/31/25 AT COST 1,500,000 1,497,050
Royal Bank CDA-0%,2/21/25 AT COST 2,000,000 1,976,800
Royal Bank CDA-0%,8/13/25 AT COST 1,000,000 952,300
Royal Bank CDA-0%,8/28/25 AT COST 500,000 506,300
Royal Bank CDA-0%,12/4/24 AT COST 1,000,000 941,300
Royal Bank CDA-0%,1/23/25 AT COST 3,000,000 2,964,450
Royal Bank CDA-0%,10/10/24 AT COST 250,000 295,850
Royal Bank CDA-0%,10/3/24 AT COST 4,000,000 4,449,600
Royal Bank CDA-0%,11/29/24 AT COST 750,000 826,875
Royal Bank CDA-0%,12/19/24 AT COST 500,000 549,250
Royal Bank CDA-0%,6/26/25 AT COST 3,000,000 3,098,400
UBS AG London MTN-0%,8/13/24 AT COST 1,000,000 1,083,700
Global X FDS Artifical ETF AT COST 441,181 467,700
Global X FDS Global Uranium AT COST 400,099 387,660
Global X FDS AT COST 435,203 447,980
Health Care Select Sector AT COST 268,278 272,760
IShares Russell 2000 ETF AT COST 1,977,760 2,007,100
IShares Nasdaq Biotech AT COST 267,351 271,700
IShares US Aer Def AT COST 1,166,474 1,266,000
JP Morgan Exchange Traded AT COST 481,798 499,300
Select Sector Financial AT COST 192,517 225,600
Selector Sector Industrial AT COST 1,202,698 1,253,890
SPDR S&P Biotech AT COST 270,329 267,870

TY 2023 LegalFeesSchedule
Name:
Barbara Brunckhorst Foundation
EIN:
86-6502564
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
McGuire Woods 6,175 0 0 6,175


TY 2023 OtherExpensesSchedule
Name:
Barbara Brunckhorst Foundation
EIN:
86-6502564
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Association Dues 22,000     22,000
Interest & Bank Fees 8,818      
Service Fees-Securities 1,712 1,712    


TY 2023 OtherIncreasesSchedule
Name:
Barbara Brunckhorst Foundation
EIN:
86-6502564
Software ID:
23017517
Software Version:
2023v5.1
Description Amount
Accrued Grant Paid 17,000,000


TY 2023 OtherProfessionalFeesSchedule
Name:
Barbara Brunckhorst Foundation
EIN:
86-6502564
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Kandel & Company-Company Management 130,000 85,000 0 45,000
Rockefeller Capital-Investment Advisory 1,994,020 1,994,020 0 0


TY 2023 SubstantialContributorsSch
Name:
Barbara Brunckhorst Foundation
EIN:
86-6502564
Software ID:
23017517
Software Version:
2023v5.1
Name Address
Barbara Brunckhorst 1994 Trust 2702 Monument Ave
Richmond,VA23220


TY 2023 TaxesSchedule
Name:
Barbara Brunckhorst Foundation
EIN:
86-6502564
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2023-Excise Tax 107,111