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 01-01-2023 , and ending 12-31-2023

Name of foundation
THE MERLE THORPE JR CHARITABLE TRUST

Number and street (or P.O. box number if mail is not delivered to street address)12085-A MINK FARM ROAD
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
THURMONT, MD21788

A Employer identification number

52-6666964

B Telephone number (see instructions)

(775) 886-1101

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

$13,349,573J 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	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	8,117
2	Check .............
3	Interest on savings and temporary cash investments	141,407		141,407
4	Dividends and interest from securities...	8,281		8,281
5a	Gross rents............	96,870		96,870
b	Net rental income or (loss) 16,874
6a	Net gain or (loss) from sale of assets not on line 10		-6,563
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...			0
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	660,196	659,954	0
12	Total. Add lines 1 through 11........	908,308		906,512	0
13	Compensation of officers, directors, trustees, etc.	20,000		2,000	0	18,000
14	Other employee salaries and wages......	245,545		0	0	245,545
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	14,871	7,391	0	7,390
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	19,359	0	0	19,359
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	69,785	0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	494,437	185,634	0	308,779
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	863,997		195,025	0	599,073
25	Contributions, gifts, grants paid.......	3				3
26	Total expenses and disbursements. Add lines 24 and 25	864,000		195,025	0	599,076
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	44,308
b	Net investment income (if negative, enter -0-)			711,487
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	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.............	120,907	373,022	373,022
	2	Savings and temporary cash investments.........	84,924
	3	Accounts receivable 44,884
		Less: allowance for doubtful accounts	3,576	44,884	44,884
	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	-2,596	0	0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	35,000	0	0
	10a	Investments—U.S. and state government obligations (attach schedule)	0	List of Attached Documents: // Content 2,710,084	2,710,084
	b	Investments—corporate stock (attach schedule).......	5,089	0	0
	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)..........	7,938,964	List of Attached Documents: // Content 5,091,087	5,091,087
	14	Land, buildings, and equipment: basis 4,385,264
		Less: accumulated depreciation (attach schedule) 1,944,339	2,495,028	List of Attached Documents: // Content 2,440,925	4,385,264
	15	Other assets (describe )	List of Attached Documents: // Content 745,232	List of Attached Documents: // Content 745,232	List of Attached Documents: // Content 745,232
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	11,426,124	11,405,234	13,349,573
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................	974
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	List of Attached Documents: // Content 31,569	List of Attached Documents: // Content 6,183
	23	Total liabilities (add lines 17 through 22).........	32,543	6,183
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	11,393,581	11,399,051
	29	Total net assets or fund balances (see instructions).....	11,393,581	11,399,051
	30	Total liabilities and net assets/fund balances (see instructions).	11,426,124	11,405,234

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) ...............

11,393,581

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

44,308

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

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

11,437,889

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

38,838

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

11,399,051

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
1 a	GARMARK K-1	P
b	GARMARK ADDITIONAL RETURN	P
c	GOLUB 10	P
d	GOLUB 10	P
e	GOLUB 11	P
	GOLUB 11	P
	GOLUB 12	P
	GOLUB 12	P
	GOLUB 9	P
	GOLUB 9	P
	GOLUB ROLLOVER	P
	GOLUB ROLLOVER	P
	MIT FUND III	P
	MIT FUND IV	P

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a				3
b				309
c				172
d				276
e				34
				56
				71
				113
				67
				35,119
				13
				22
				-40,665
				-2,153

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			3
b			309
c			172
d			276
e			34
			56
			71
			113
			67
			35,119
			13
			22
			-40,665
			-2,153

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	-6,563
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	9,890
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	9,890
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	9,890
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	5,233
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	4,034
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	9,267
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	168
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	791
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax	Refunded	11

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?

Website address right arrow

RETURNS AND APPLICATION AVAILABLE UPON REQUEST

The books are in care of right arrow

SAM CASTLEMAN Telephone no. right arrow

(775) 886-1101

Located at right arrow

12805-A MINK FARM ROADTHURMONTMD ZIP+4 right arrow

21788

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-)
GIGI CASTLEMAN	TRUSTEE 0.00	0
110 WOODLAND AVENUE SUITE 1 RENO,NV89523	TRUSTEE 0.00	0
SAMUEL CASTLEMAN III	TRUSTEE/CHARI 1.00	20,000
12805B MINK FARM RD THURMONT,MD21788	TRUSTEE/CHARI 1.00	20,000
MATTHEW SMITH	TRUSTEE 0.00	0
110 WOODLAND AVENUE SUITE 1 RENO,NV89523	TRUSTEE 0.00	0
BROOK CURRIE	TRUSTEE 0.00	0
110 WOODLAND AVENUE SUITE 1 RENO,NV89523	TRUSTEE 0.00	0
BRAD HILL	TRUSTEE 0.00	0
110 WOODLAND AVENUE SUITE 1 RENO,NV89523	TRUSTEE 0.00	0
WHITNEY OURISMAN-FERGUSON	TRUSTEE 0.00	0
110 WOODLAND AVENUE SUITE 1 RENO,NV89523	TRUSTEE 0.00	0
MARK JAMESON SULLIVAN	TRUSTEE 0.00	0
110 WOODLAND AVENUE SUITE 1 RENO,NV89523	TRUSTEE 0.00	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
NONE

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)

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...................

1,355,042

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

289,427

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

6,515,026

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

8,159,495

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.........................

8,159,495

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

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

122,392

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

8,037,103

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

401,855

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..................

401,855

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

9,890

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

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

9,890

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

391,965

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

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

391,965

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

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

391,965

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 ..........

599,076

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...............................

26,796

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. .......

625,872

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					391,965
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				98,089
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......
b From 2019......
c From 2020......
d From 2021......
e From 2022......
f Total of lines 3a through e ........		0
4Qualifying distributions for 2023 from Part
XI, line 4: $ 625,872
a Applied to 2022, but not more than line 2a				98,089
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.....					391,965
e Remaining amount distributed out of corpus		135,818
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		135,818
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		135,818
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....	135,818

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
GARMARK K-1 1 LANDMARK SQUARE FLR 6 STAMFORD,CT06901	NONE		CHARITY	3
Total ................................. 3a				3

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.)
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	141,407
4 Dividends and interest from securities ....			14	8,281
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	16,874
6 Net rental income or (loss) from personal property
7 Other investment income .....	900001	242	14	659,954
8 Gain or (loss) from sales of assets other than inventory ............			18	-6,563
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) ..		242		819,953	0

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

820,195

(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.)

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:

THE MERLE THORPE JR CHARITABLE TRUST

EIN:

52-6666964

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	14,871	7,391	0	7,390

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule

Name:

THE MERLE THORPE JR CHARITABLE TRUST

EIN:

52-6666964

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Adjusted Net Income
11502 MT ENVIRONMENTAL CENTER	2000-01-01	1,288,300	758,385	SL	39.000000000000	33,033	33,033
11509 PAVILLION	2000-01-01	34,527	20,320	SL	39.000000000000	885	885
11511 CABIN	2000-01-01	488,249	287,416	SL	39.000000000000	12,519	12,519
11513 SHED	2000-01-01	1,695	990	SL	39.000000000000	43	43
11507 IMPROVEMENTS NATURE CENTER	2000-06-30	86,090	49,752	SL	39.000000000000	2,207	2,207
RENOVATIONS	2003-09-30	15,660	7,752	SL	39.000000000000	402	402
CABIN ADDITIONS	2004-09-08	41,996	19,699	SL	39.000000000000	1,077	1,077
ENVIORMENTAL CENTER - ROOF REPAIR	2003-07-11	10,991	5,486	SL	39.000000000000	282	282
ENVIORMENTAL CENTER - VENTILATION	2003-07-11	22,147	11,051	SL	39.000000000000	568	568
CABIN ADDITIONS	2004-09-08	61,707	28,938	SL	39.000000000000	1,582	1,582
CABIN - ELECTRIC	2004-12-29	2,305	1,065	SL	39.000000000000	59	59
PORCH ENCLOSURE (CENTER)	2004-09-30	3,239	1,518	SL	39.000000000000	83	83
HEATING SYSTEM UPGRADES	2004-09-28	10,162	10,162	SL	10.000000000000	0	0
STONEY LICK FENCING	2004-10-21	7,377	7,377	SL	10.000000000000	0	0
STONEY LICK BARN	2004-12-09	51,266	51,266	SL	15.000000000000	0	0
SCOTT SMITH PAVILLION IMPROVEMENT	2004-07-23	23,280	11,020	SL	39.000000000000	597	597
TILE FOR CABIN	2005-05-02	7,225	3,271	SL	39.000000000000	185	185
CABIN - ELECTRIC	2005-03-10	1,968	895	SL	39.000000000000	50	50
STORAGE BUILDING - TCYA	2005-07-15	8,916	4,005	SL	39.000000000000	229	229
VOLUNTEER OFFICE IMPROVEMENT	2005-02-15	1,778	822	SL	39.000000000000	46	46
STONEY LICK BARN/STABLE - WATER	2005-04-23	4,532	4,532	SL	10.000000000000	0	0
STONEY LICK FARM PAVILLION	2005-06-15	7,233	3,256	SL	39.000000000000	185	185
STONEY LICK FARM - WELL	2006-01-01	6,371	2,773	SL	39.000000000000	163	163
SLF - STORAGE SHED CONSTRUCTED TCYA	2005-11-01	264,007	116,203	SL	39.000000000000	6,769	6,769
STONEY LICK BARN - FANS	2005-06-22	1,662	750	SL	39.000000000000	43	43
STONEY LICK EQUIPMENT SHED	2006-02-27	1,740	1,740	SL	10.000000000000	0	0
STONEY LICK FARM - FENCING	2006-10-16	8,146	3,378	SL	39.000000000000	209	209
STONEY LICK FARM - HAY BARN	2006-05-09	4,890	2,086	SL	39.000000000000	125	125
MINK FARM ROAD FENCING	2006-03-25	7,750	3,331	SL	39.000000000000	199	199
WEDDING SITE IMPROVEMENT	2006-05-12	6,219	6,219	SL	15.000000000000	0	0
HAGEN PARCEL #2	2006-12-31	4,250	4,250	SL	10.000000000000	0	0
CAVETOWN EQUIPMENT SHED	2003-12-31	1,292	1,292	SL	10.000000000000	0	0
FURNISHINGS FROM TWI	2007-01-01	12,109	12,109	200DB	3.000000000000	0	0
HAY SHED FROM TWI	2009-07-01	2,600	2,600	200DB	5.000000000000	0	0
STEINWAY PIANO FROM TWI	2012-05-05	10,000	10,000	SL	7.000000000000	0	0
EQUIPMENT FROM TWI	2007-01-01	17,727	17,727	SL	3.000000000000	0	0
HORSE DRAWN CARRIAGE FROM TWI	2007-09-10	2,000	2,000	SL	7.000000000000	0	0
SNOW PLOW FROM TWI	2010-02-19	4,002	4,002	SL	5.000000000000	0	0
KUBOTA MOWER ZD 221-54 FROM TWI	2010-04-07	8,677	8,677	SL	5.000000000000	0	0
KUBOTA MOWER KT3277 FROM TWI	2010-06-14	3,295	3,295	SL	5.000000000000	0	0
KUBOTA TRACTOR M7040HD FROM TWI	2011-07-22	40,865	40,865	SL	7.000000000000	0	0
TRACTOR ATTACHMENT FROM TWI	2011-08-12	2,995	2,995	SL	5.000000000000	0	0
VIRGIN 8" BLADE SBV96 FROM TWI	2011-12-06	3,450	3,450	SL	5.000000000000	0	0
14 PASSENGER VAN FROM TWI	2010-09-06	2,427	2,427	SL	5.000000000000	0	0
11505 & 11506 LAND	1995-12-31	272,574		L		0	0
HAGEN PROPERTY	2002-08-14	410,241		L		0	0
HAGEN PROPERTY	2006-12-31	1,167		L		0	0
37.57 ACRES OF MINK FARM RD	2009-06-15	663,422		L		0	0
ENTRANCE SIGN	2004-05-19	3,268	3,268	SL	10.000000000000	0	0
STONEY LICK PARKING LOT	2004-05-10	12,180	12,180	SL	15.000000000000	0	0
LAND IMPROVEMENTS - TREES FOR CAB	2005-08-10	9,050	9,050	SL	15.000000000000	0	0
RUN IN SHED - STONEY LICK FROM TWI	2007-05-09	12,230	12,230	SL	7.000000000000	0	0
PRO FENCE STONEY LICK FROM TWI	2007-05-17	5,085	5,085	SL	7.000000000000	0	0
STABLE FENCING - STONEY LICK FROM TWI	2007-05-17	1,400	1,400	SL	7.000000000000	0	0
STONEY LICK FARM IMPROVEMENT FROM TWI	2007-10-15	24,594	24,594	SL	7.000000000000	0	0
POND HOUSE RENOVATION FROM TWI	2008-12-22	48,000	48,000	SL	7.000000000000	0	0
BARN ROOF FROM TWI	2008-10-09	2,500	2,378	SL	15.000000000000	122	122
AUTO WATER SYSTEM FOR HORSES FROM TWI	2010-05-06	10,457	10,457	SL	5.000000000000	0	0
AUTO WATER SYSTEM FOR HORSES FROM TWI	2010-07-20	7,849	7,849	SL	5.000000000000	0	0
KITCHEN RENOVATIONS FROM TWI	2012-08-07	8,302	2,218	SL	39.000000000000	213	213
TW VEHICLE 2014	2014-05-14	53,911	53,911	SL	5.000000000000	0	0
TW EQUIPMENT 2014	2014-07-28	2,329	2,329	SL	5.000000000000	0	0
TW BUILDING 2014	2014-08-06	495	107	SL	39.000000000000	13	13
TW MACHINERY & EQUIPMENT 15	2015-01-01	700	700	SL	5.000000000000	0	0
TW OFFICE EQUIPMENT	2015-01-01	1,726	1,726	SL	7.000000000000	0	0
TW LEASEHOLD IMPROVEMENTS 2015	2015-01-01	7,075	3,774	SL	15.000000000000	472	472
BATHROOM RENOVATION	2017-03-25	10,370	1,540	SL	39.000000000000	266	266
BARN FLOOR	2017-06-12	9,298	1,321	SL	39.000000000000	238	238
CABIN PORCH REPLACEMENT	2017-09-01	4,670	634	SL	39.000000000000	120	120
KUBOTA RTV	2018-07-18	13,900	13,900	200DB	5.000000000000	0	0
GENERATOR - BARN	2018-09-27	20,462	20,462	200DB	5.000000000000	0	0
BARN RENOVATION	2018-07-18	56,248	6,446	SL	39.000000000000	1,442	1,442
TW 2019 LEASEHOLD IMPROVEMENTS	2019-09-13	36,995		150DB	15.000000000000	0	2,466
TW HOMESTEAD PORCH REMODEL	2020-05-18	10,748		SL	15.000000000000	0	717
TW LUTRON LIGHTING UPGRADE	2020-02-24	18,538		SL	15.000000000000	0	1,236
TW KUBOTA RTV	2021-02-18	16,790		200DB	5.000000000000	0	3,358
TW PATIO PROJECT	2021-03-30	2,527		150DB	15.000000000000	0	168
P LEWIS CABIN	2021-03-24	2,250		150DB	15.000000000000	0	150
TW CHIPPER	2023-01-31	23,267		200DB	5.000000000000	4,653	4,266
REFRIGERATOR	2023-01-13	3,529		200DB	5.000000000000	706	706

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

THE MERLE THORPE JR CHARITABLE TRUST

EIN:

52-6666964

US Government Securities - End of Year Book Value:

2,710,084

US Government Securities - End of Year Fair Market Value:

2,710,084

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

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

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

THE MERLE THORPE JR CHARITABLE TRUST

EIN:

52-6666964

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MIT PRIVATE EQUITY III	FMV	173,724	173,724
GARMARK INVESTMENT	FMV	4,569	4,569
MIT PRIVATE EQUITY IV	FMV	32,444	32,444
GOLUB CAPITAL PARTNERS INT 10	FMV	2,257,639	2,257,639
GOLUB PARTNERS 11	FMV	451,531	451,531
GOLUB CAPITAL PARTNERS INT 12	FMV	928,834	928,834
MULLIGAN FUNDING	FMV	813,530	813,530
GOLUB CAPITAL PARTNERS ROLLOVER	FMV	428,816	428,816

- TIN:

TY 2023 LandEtcSchedule2

Name:

THE MERLE THORPE JR CHARITABLE TRUST

EIN:

52-6666964

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
11502 MT ENVIRONMENTAL CENTER	1,288,300	791,418	496,882
11509 PAVILLION	34,527	21,205	13,322
11511 CABIN	488,249	299,935	188,314
11513 SHED	1,695	1,033	662
11507 IMPROVEMENTS NATURE CENTER	86,090	51,959	34,131
RENOVATIONS	15,660	8,154	7,506
CABIN ADDITIONS	41,996	20,776	21,220
ENVIORMENTAL CENTER - ROOF REPAIR	10,991	5,768	5,223
ENVIORMENTAL CENTER - VENTILATION	22,147	11,619	10,528
CABIN ADDITIONS	61,707	30,520	31,187
CABIN - ELECTRIC	2,305	1,124	1,181
PORCH ENCLOSURE (CENTER)	3,239	1,601	1,638
HEATING SYSTEM UPGRADES	10,162	10,162	0
STONEY LICK FENCING	7,377	7,377	0
STONEY LICK BARN	51,266	51,266	0
SCOTT SMITH PAVILLION IMPROVEMENT	23,280	11,617	11,663
TILE FOR CABIN	7,225	3,456	3,769
CABIN - ELECTRIC	1,968	945	1,023
STORAGE BUILDING - TCYA	8,916	4,234	4,682
VOLUNTEER OFFICE IMPROVEMENT	1,778	868	910
STONEY LICK BARN/STABLE - WATER	4,532	4,532	0
STONEY LICK FARM PAVILLION	7,233	3,441	3,792
STONEY LICK FARM - WELL	6,371	2,936	3,435
SLF - STORAGE SHED CONSTRUCTED TCYA	264,007	122,972	141,035
STONEY LICK BARN - FANS	1,662	793	869
STONEY LICK EQUIPMENT SHED	1,740	1,740	0
STONEY LICK FARM - FENCING	8,146	3,587	4,559
STONEY LICK FARM - HAY BARN	4,890	2,211	2,679
MINK FARM ROAD FENCING	7,750	3,530	4,220
WEDDING SITE IMPROVEMENT	6,219	6,219	0
HAGEN PARCEL #2	4,250	4,250	0
CAVETOWN EQUIPMENT SHED	1,292	1,292	0
FURNISHINGS FROM TWI	12,109	12,109	0
HAY SHED FROM TWI	2,600	2,600	0
STEINWAY PIANO FROM TWI	10,000	10,000	0
EQUIPMENT FROM TWI	17,727	17,727	0
HORSE DRAWN CARRIAGE FROM TWI	2,000	2,000	0
SNOW PLOW FROM TWI	4,002	4,002	0
KUBOTA MOWER ZD 221-54 FROM TWI	8,677	8,677	0
KUBOTA MOWER KT3277 FROM TWI	3,295	3,295	0
KUBOTA TRACTOR M7040HD FROM TWI	40,865	40,865	0
TRACTOR ATTACHMENT FROM TWI	2,995	2,995	0
VIRGIN 8" BLADE SBV96 FROM TWI	3,450	3,450	0
14 PASSENGER VAN FROM TWI	2,427	2,427	0
11505 & 11506 LAND	272,574	0	272,574
HAGEN PROPERTY	410,241	0	410,241
HAGEN PROPERTY	1,167	0	1,167
37.57 ACRES OF MINK FARM RD	663,422	0	663,422
ENTRANCE SIGN	3,268	3,268	0
STONEY LICK PARKING LOT	12,180	12,180	0
LAND IMPROVEMENTS - TREES FOR CAB	9,050	9,050	0
RUN IN SHED - STONEY LICK FROM TWI	12,230	12,230	0
PRO FENCE STONEY LICK FROM TWI	5,085	5,085	0
STABLE FENCING - STONEY LICK FROM TWI	1,400	1,400	0
STONEY LICK FARM IMPROVEMENT FROM TWI	24,594	24,594	0
POND HOUSE RENOVATION FROM TWI	48,000	48,000	0
BARN ROOF FROM TWI	2,500	2,500	0
AUTO WATER SYSTEM FOR HORSES FROM TWI	10,457	10,457	0
AUTO WATER SYSTEM FOR HORSES FROM TWI	7,849	7,849	0
KITCHEN RENOVATIONS FROM TWI	8,302	2,431	5,871
TW VEHICLE 2014	53,911	53,911	0
TW EQUIPMENT 2014	2,329	2,329	0
TW BUILDING 2014	495	120	375
TW MACHINERY & EQUIPMENT 15	700	700	0
TW OFFICE EQUIPMENT	1,726	1,726	0
TW LEASEHOLD IMPROVEMENTS 2015	7,075	4,246	2,829
BATHROOM RENOVATION	10,370	1,806	8,564
BARN FLOOR	9,298	1,559	7,739
CABIN PORCH REPLACEMENT	4,670	754	3,916
KUBOTA RTV	13,900	13,900	0
GENERATOR - BARN	20,462	20,462	0
BARN RENOVATION	56,248	7,888	48,360
TW 2019 LEASEHOLD IMPROVEMENTS	36,995	36,995	0
TW HOMESTEAD PORCH REMODEL	10,748	10,748	0
TW LUTRON LIGHTING UPGRADE	18,538	18,538	0
TW KUBOTA RTV	16,790	16,790	0
TW PATIO PROJECT	2,527	2,527	0
P LEWIS CABIN	2,250	2,250	0
TW CHIPPER	23,267	4,653	18,614
REFRIGERATOR	3,529	706	2,823

- TIN:

TY 2023 OtherAssetsSchedule

Name:

THE MERLE THORPE JR CHARITABLE TRUST

EIN:

52-6666964

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
TREEHOUSE INTEREST	745,232	745,232	745,232

- TIN:

TY 2023 OtherDecreasesSchedule

Name:

THE MERLE THORPE JR CHARITABLE TRUST

EIN:

52-6666964

Description	Amount
UNREALIZED FMV CHANGE	14,384
EXCISE TAX PAID	24,454

- TIN:

TY 2023 OtherExpensesSchedule

Name:

THE MERLE THORPE JR CHARITABLE TRUST

EIN:

52-6666964

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
GOLUB AND K-1 OTHER DEDUCTIONS	99,260	99,260	0	0
BANK SERVICE CHARGES	168	168	0	0
EVENT EXPENSES	6,615	0	0	6,615
COMMUNICATIONS EXPENSE	16,123	0	0	16,123
UTILITIES	37,966	0	0	37,966
MISCELLANEOUS EXPENSE	571	405	0	166
DIRECT PROGRAM EXPENSES	5,286	0	0	5,286
INSURANCE	45,661	0	0	45,661
HORSE PROGRAM EXPENSE	27,737	0	0	27,737
MAINTENANCE	86,810	0	0	86,810
PAINTING	60,470	0	0	60,470
K-1 NON-DEDUCTIBLE EXPENSES	24	0	0	0
INVESTMENT EXPENSE	2,931	2,931	0	0
PROGRAM OPERATIONS	19,676	0	0	19,676
MTCT BOARD INSURANCE	2,874	2,874	0	0
SUPPLIES	2,269	0	0	2,269
FACILITIES MAINTENANCE	28,393	28,393		0
UTILITIES	18,700	18,700		0
REAL ESTATE TAXES	6,220	6,220		0
INSURANCE	15,220	15,220		0
PAINTING	11,463	11,463		0

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

THE MERLE THORPE JR CHARITABLE TRUST

EIN:

52-6666964

Description	Revenue And Expenses Per Books	Net Investment Income
GOLUB CAPITAL PARTNERS INT 10	279,110	279,110
GOLUB CAPITAL PARTNERS INT 11	55,229	55,229
GOLUB CAPITAL PARTNERS INT 12	113,022	113,022
GOLUB CAPITAL PARTNERS INT 9	190,410	190,410
MIT PRIVATE EQUITY FUND IV	922	922
GOLUB CAPITAL PARTNERS ROLLOVER	20,753	20,753
GARMARK K-1	242	0
MIT PRIVATE EQUITY FUND III	508	508

- TIN:

TY 2023 OtherLiabilitiesSchedule

Name:

THE MERLE THORPE JR CHARITABLE TRUST

EIN:

52-6666964

Description	Beginning of Year - Book Value	End of Year - Book Value
OTHER LIABILITIES	1,939	720
TW PAYROLL LIABILITIES	29,489	5,463
TW HEALTHCARE REIMBURSEMENT	141	0

- TIN:

TY 2023 TaxesSchedule

Name:

THE MERLE THORPE JR CHARITABLE TRUST

EIN:

52-6666964

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
REAL ESTATE TAXES	18,659	0	0	18,659
TAXES, PERSONAL PROPERTY	700	0	0	700