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
LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1 RIGHTER PARKWAY 120
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE198031533

A Employer identification number

45-0521059

B Telephone number (see instructions)

(302) 573-5812

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

$11,087,869J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	8,912		8,912
4	Dividends and interest from securities...	300,078		300,078
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		255,203
b	Gross sales price for all assets on line 6a 4,651,456
7	Capital gain net income (from Part IV, line 2)...			255,203
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	14	14
12	Total. Add lines 1 through 11........	564,207		564,207
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	34,367	0	34,367
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	6,225	0	6,225
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	174,212	174,212	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	10,022	10,022	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	3,728	3,716	12
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	228,554		187,950	40,604
25	Contributions, gifts, grants paid.......	523,750			523,750
26	Total expenses and disbursements. Add lines 24 and 25	752,304		187,950	564,354
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-188,097
b	Net investment income (if negative, enter -0-)			376,257
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	362,048	267,340	267,340
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	924,178	List of Attached Documents: // Content 797,892	786,523
	b	Investments—corporate stock (attach schedule).......	2,238,894	List of Attached Documents: // Content 1,932,987	2,515,488
	c	Investments—corporate bonds (attach schedule).......	841,139	List of Attached Documents: // Content 782,067	791,289
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	5,796,298	List of Attached Documents: // Content 6,194,174	6,727,229
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	10,162,557	9,974,460	11,087,869
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	10,162,557	9,974,460
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	10,162,557	9,974,460
	30	Total liabilities and net assets/fund balances (see instructions).	10,162,557	9,974,460

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

10,162,557

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

-188,097

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

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

9,974,460

Decreases not included in line 2 (itemize) right arrow

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

9,974,460

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	PUBLICLY TRADED SECURITIES
b	CAPITAL GAINS DIVIDENDS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,647,682	4,396,253	251,429
b	3,774		3,774
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			251,429
b			3,774
c
d
e

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	255,203
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	5,230
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	5,230
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	5,230
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	17,788
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	17,788
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	12,558
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax12,558	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

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

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

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

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

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

Yes

Website address right arrow

N/A

The books are in care of right arrow

SHANA PINTER - FSTC Telephone no. right arrow

(302) 573-5812

Located at right arrow

1 RIGHTER PARKWAY 120WILMINGTONDE ZIP+4 right arrow

19803

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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
FIRST STATE TRUST COMPANY	DIRECTOR 2.00	0	0	0
1 RIGHTER PARKWAY 120 WILMINGTON,DE19803	DIRECTOR 2.00	0	0	0
DAVID STRAUS	MANAGING DIRECTOR 2.00	0	0	0
1 RIGHTER PARKWAY 120 WILMINGTON,DE19803	MANAGING DIRECTOR 2.00	0	0	0
BARBARA DANBERG	PRESIDENT, SECRETARY, TREASURER 2.00	0	0	0
1 RIGHTER PARKWAY 120 WILMINGTON,DE19803	PRESIDENT, SECRETARY, TREASURER 2.00	0	0	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
MORGAN STANLEY CAPITAL MANAGEMENT LLC	ADVISOR FEES	140,796
1 NEW YORK PLAZA 40TH FLOOR NEW YORK,NY10004	ADVISOR FEES	140,796

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

10,738,076

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

265,262

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

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

11,003,338

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

11,003,338

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

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

165,050

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

10,838,288

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

541,914

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

541,914

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

5,230

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

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

5,230

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

536,684

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

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

536,684

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

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

536,684

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 ..........

564,354

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

564,354

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					536,684
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	509,381
b From 2019......
c From 2020......	145,629
d From 2021......	103,737
e From 2022......	125,992
f Total of lines 3a through e ........		884,739
4Qualifying distributions for 2023 from Part
XI, line 4: $ 564,354
a Applied to 2022, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....					536,684
e Remaining amount distributed out of corpus		27,670
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		912,409
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) ...		509,381
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		403,028
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....	145,629
c Excess from 2021....	103,737
d Excess from 2022....	125,992
e Excess from 2023....	27,670

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 e-mail address of the person to whom applications should be addressed:

SHANA PINTER
1 RIGHTER PARKWAY STE 120
WILMINGTON,DE19803
(302) 573-5812

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

THE APPLICATION MUST INCLUDE A IRS 501(C)(3) DETERMINATION LETTER OR COMPLY WITH EXPENDITURE RESPONSIBILITY REQUIREMENTS

cAny submission deadlines:

THERE ARE NO SUBMISSION DEADLINES.

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

THERE ARE NO AWARD RESTRICTIONS OR LIMITATIONS.

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
BISHOP GORMAN HIGH SCHOOL - DIOCESE OF LAS VEGAS 5959 S HUALAPAI WAY LAS VEGAS,NV89148		PC	SUPPORT OF CATHOLIC HIGH SCHOOL IN THE DIOCESE OF LAS VEGAS.	2,500
CATHOLIC CHARITIES OF SOUTHERN NEVADA 1501 LAS VEGAS BLVD NORTH LAS VEGAS,NV89101		PC	SUPPORT FOR OFFERING FOOD, SHELTER, HOUSING, AND COMPREHENSIVE SERVICES TO SOUTHERN NEVADA.	52,500
CORE POWERED BY THE ROGERS FOUNDATION 701 S 9TH STREET LAS VEGAS,NV89101		PC	SUPPORT TO EMPOWER, ENRICH, AND EDUCATE UNDERSERVED CHILDREN TO LEAD CHOICE-FILLED LIVES.	5,000
DISABLED AMERICAN VETERANS CHARITABLE SERVICE TRUST 860 DOLWICK DRIVE ERLANGER,KY41018		PC	SUPPORTING ILL AND INJURED VETERANS.	26,250
GIRL SCOUTS OF SOUTHERN NEVADA 2941 HARRIS AVENUE LAS VEGAS,NV89101		PC	SUPPORTING GIRLS MAKING NEW FRIENDS, CHALLENGING THEMSELVES, AND EXPERIENCING NEW ADVENTURES.	2,500
KECK MEDICINE OF USC 1150 SOUTH OLIVE STREET 25TH FLOOR LOS ANGELES,CA90015		PC	SUPPORTING TRANSFORMATION OF THE PRACTIVE OF MEDICINE AND ENSURING PATIENT-CENTERED CARE IN A COMPASSIONATE, HEALING ENVIRONMENT.	20,000
MAKE-A-WISH FOUNDATION OF SOUTHERN NEVADA 9950 COVINGTON CROSS DRIVE LAS VEGAS,NV89144		PC	SUPPORTING CREATING LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES.	26,250
MUSIC THEATRE WICHITA 225 W DOUGLAS NO 202 WICHITA,KS67202		PC	SUPPORT EDUCATING AND NUTURING CREATORS, ARTISTS, AND AUDIENCES, PRIMARILY THROUGH THE PRODUCTION OF BROADWAY-CALIBER SHOWS.	2,500
NATHAN ADELSON HOSPICE FOUNDATION 4141 UNIVERSITY CENTER DRIVE LAS VEGAS,NV89119		PC	SUPPORT FOR HOSPICE CARE FOR UNINSURED AND UNDERINSURED PATIENTS.	10,000
OLYMPIA COMPANIES SOUTHERN HIGHLANDS CHARITABLE FOUNDATION 11411 SOUTHERN HIGHLANDS PARKWAY SUITE 300 LAS VEGAS,NV89141		PC	SUPPORT TO IMPROVE THE QUALITY OF LIFE FOR WOMEN AND CHILDREN IN SOUTHERN NEVADA.	10,000
SOUTHERN NEVADA LAW ENFORCEMENT MEMORIAL FOUNDATION 2117 ALTA DRIVE LAS VEGAS,NV89106		PC	SUPPORT FOR THE MAINTENANCE OF VARIOUS LAW ENFORCEMENT MEMORIALS.	10,000
ST ROSE DOMINICAN HEALTH FOUNDATION 3001 ST ROSE PARKWAY HENDERSON,NV89052		PC	SUPPORT TO IMPROVE COMMUNITY HEALTH AND WELLNESS.	55,000
THE LOU RUVO BRAIN INSTITUTE 888 W BONNEVILLE AVE LAS VEGAS,NV89106		PC	SUPPORT FOR DIAGNOSIS AND TREATMENT FOR INDIVIDUALS EXPERIENCING COGNITIVE CHANGES.	210,000
THE SHADE TREE INCORPORATED 1 W OWENS AVENUE N LAS VEGAS,NV89030		PC	SUPPORT TO PROVIDE SAFE SHELTER AND RESOURCES TO HOMELESS AND ABUSED WOMEN AND CHILDREN IN CRISIS.	26,250
VEGAS PBS 3050 E FLAMINGO ROAD LAS VEGAS,NV89121		PC	SUPPORT FOR PUBLIC BROADCASTING.	10,000
WICHITA ART MUSEUM 1400 WEST MUSEUM BLVD WICHITA,KS67203		PC	SUPPORTING CONNECTION WITH THE ARTS.	55,000
Total ................................. 3a				523,750

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	8,912
4 Dividends and interest from securities ....			14	300,078
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 .....			14	14
8 Gain or (loss) from sales of assets other than inventory ............			18	255,203
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		564,207	0

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

564,207

(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:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	6,225	0		6,225

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AMGEN	21,022	21,284
ASTRAZENECA	35,486	35,840
AT&T 1.700%	42,295	43,038
AT&T 2.250%	13,082	13,221
BANK OF AMERICA 1.197%	41,426	42,735
BANK OF AMERICA 1.658%	41,431	42,573
BLACKROCK	26,930	27,028
BP CAPITAL MARKETS AMERICA	26,555	26,226
BP CAPITAL MARKETS	49,305	49,083
CITIGROUP 1.462%	55,209	56,756
CITIGROUP 2.520%	19,754	19,804
EQUINOR ASA 2.375%	38,041	38,485
EQUINOR ASA 3.125%	14,940	15,074
GOLDMAN SACHS GROUP 1.431%	40,289	41,504
GOLDMAN SACHS GROUP 1.948%	41,163	42,116
GOLDMAN SACHS GROUP 2.383%	10,682	10,685
JPMORGAN CHASE & CO 1.470%	25,703	26,367
JPMORGAN CHASE & CO 1.578%	26,935	27,696
JPMORGAN CHASE & CO 2.545%	25,002	25,072
METLIFE	43,707	43,329
ORACLE 1.650%	29,043	29,869
ORACLE 2.950%	13,909	14,448
SHELL INTERNATIONAL FINANCE	53,563	53,938
US BANCORP	46,595	45,118

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Name of Stock	End of Year Book Value	End of Year Fair Market Value
A O SMITH	2,134	2,561
ACUITY BRANDS	2,472	3,013
ADIENT	4,051	3,499
ADOBE	18,583	29,516
AENA SME SA UNSP	8,807	9,825
AIA GROUP LTD SPON	9,590	10,179
AIR LIQUIDE	5,234	7,471
AKZO NOBEL NV	13,978	16,144
ALARM COM HLDGS	779	914
ALCON	15,564	20,077
ALLEGIANT TRAVEL CO	990	860
ALLEGION PUB LTD CO	913	980
ALLIANZ	9,839	11,546
ALPHA METALLURGICAL RESO	1,923	4,573
ALSTOM	19,977	12,418
AMADEUS IT GROUP	4,372	6,555
AMAZON.COM	40,147	48,773
AMDOCS LIMITED	1,467	1,642
AMEDISYS	3,086	3,266
AMERIPRISE FINANCIAL	3,559	10,328
AMGEN	7,348	9,450
ANHEUSER-BUSCH INBEV	9,678	12,278
ANSYS	8,435	11,634
APA	3,495	2,873
APELLIS PHARMACEUTICALS	3,110	2,943
API GROUP	1,620	2,154
APPLE	16,366	30,805
APPLE HOSPITALITY REIT	1,480	1,592
APTIV	7,479	7,364
ARCHROCK	1,329	2,048
ARCTURUS THERAPEUTICS HLDG	1,814	1,795
ARDMORE SHIPPING	2,126	1,832
ARM HOLDINGS	5,303	7,740
ASML HOLDING	14,797	32,193
ASSA ABLOY	3,087	4,220
ASTRAZENECA	22,074	25,795
ATLASSIAN	6,590	8,049
ATMOS ENERGY CP	7,479	8,084
AUTODESK	7,023	8,866
AXA	6,397	10,555
BADGER METER	1,898	2,439
BALCHEM	922	930
BANCO BRADESCO	3,749	4,865
BANK OZK	5,283	6,627
BARCLAYS	12,897	17,817
BAYER	6,734	4,272
BEACON ROOFING SUPPLY	2,222	3,713
BELDEN	772	881
BLACKLINE	1,766	1,865
BLACKSTONE	7,209	8,129
BLOOMIN'BRANDS	1,802	2,707
BNP PARIBAS	3,248	4,287
BOOZ ALLEN HAMILTON HLDG	1,914	2,865
BORG WARNER	1,403	1,740
BP	15,796	17,452
BRIDGESTONE	13,592	15,140
BRINK'S COMPANY	1,762	2,498
BRITISH AMER TOB	11,248	9,431
BUNZL	8,422	15,168
BURBERRY GROUP	6,941	6,625
CACTUS	2,493	3,053
CANADIAN PACIFIC KANSAS CITY	8,290	8,538
CAPITAL ONE FINANCIAL	4,164	9,119
CARREFOUR	19,326	17,850
CARS COM	1,377	1,776
CELSIUS COMMUNITIES	791	835
CENTURY COMMUNITIES	1,497	2,205
CERIDIAN HCM HLDG	4,107	4,122
CHART INDS	5,138	3,985
CIRRUS LOGIC	993	933
CIVITAS RESOURCES	3,010	2,811
CNX RESOURCE	1,652	2,280
COCA COLA CO	6,269	8,250
COMMERCE BANCSHARES	3,463	3,780
COMMVAULT SYSTEMS	750	948
COMPAGNIE FIN RICHEMONTAG	10,301	17,563
COMPASS DIVERSIFIED SH BEN INT	907	961
COMPASS GROUP	3,836	7,140
CONMED	3,062	3,471
CONSOL ENERGY	3,019	5,194
CONSTELLATION BRANDS	5,913	6,060
CORCEPT THERAPEUTICS	2,163	3,280
CORTEVA	4,985	9,728
COTERRA ENERGY	5,572	7,860
COTY	824	807
CRODA INTL	2,409	2,728
CROWN CASTLE	5,848	4,655
CSW INDUSTRIALS	1,678	1,860
CULLEN FROST BANKERS	3,167	5,000
CUSTOMERS BANCORP	2,001	3,702
DANAHER	5,045	8,374
DANONE	14,431	15,531
DEUTSCHE TELEKOM	13,624	16,722
DIAGEO	27,210	25,782
DIODES	2,021	1,732
DREAM FINDERS HOMES	1,759	1,832
DUOLINGO	2,541	3,589
DYNAVAX TECHNOLOGIES	1,570	1,622
EAGLE MATERIALS	2,252	3,973
EAST WEST BANCORP	1,238	1,702
EASTGROUP PROPERTIES	1,602	1,727
EATON	9,200	13,555
ECOLAB	7,761	7,479
ELI LILLY & CO	4,897	7,663
ENCOMPASS HEALTH	3,524	3,817
ENCORE WIRE	3,085	3,937
ENEL SOCIETA PER AZIONI	16,199	18,637
ENERGIZER HLDGS	810	758
ENOVIS	1,808	1,735
ENTEGRIS	803	910
EQT	2,501	2,368
EQUINIX	8,503	10,236
EQUITY LIFESTYLE PROPERTIES	5,503	6,386
ERSTE GROUP BANK	6,166	12,132
ESSILORLUXOTTICA	12,058	13,240
ESTEE LAUDER CO	10,669	8,680
EVERCORE	3,651	5,082
EVERTEC	1,484	1,769
EXACT SCIENCES	4,950	4,275
EXPONENT	1,686	1,615
FANUC	14,025	13,502
FIRST FINANCIAL BANKSHARES	1,012	947
FIRST HORIZON	2,491	2,535
FRANKLIN BSP REALTY TRUST	1,756	1,581
G II APPAREL GROUP	1,353	2,236
GENERAL DYNAMICS	3,496	6,601
GENWORTH FINANCIAL	967	1,830
GSK	28,022	26,794
HAEMONETICS	3,088	3,051
HANCOCK WHITNEY	2,132	2,650
HARMONY BIOSCIENCES HOLDINGS	1,216	785
HDFC BANK LTD	7,866	14,429
HEALTHEQUITY	3,449	3,056
HELMERICH & PAYNE	4,766	4,383
HENRY SCHEIN	4,260	4,264
HILTON GRND VCTN	820	785
HONEYWELL INTL	8,647	7,922
HOULIHAN LOKEY	2,849	3,593
HSBC HOLDINGS	11,086	13,338
IBERDROLA	14,903	19,196
INFINEON TECHNOLOGIES	10,742	19,792
ING GROEP	5,969	11,940
INSPERITY	2,550	2,423
INSTALLED BLDG PRODS	2,874	4,759
INTEL	4,740	6,733
INTER CONTINENTAL EXCHANGE	3,123	3,714
INTESA SANPAOLO	7,727	11,231
INTRA-CELLULAR THERAPIES	2,338	2,822
INTUIT	6,110	8,748
INTUITUVE SURGICAL	10,023	12,209
IPG PHOTONICS	2,940	2,665
JABIL CIRCUIT	2,338	5,312
JANUS HENDERSON GROUP	1,664	1,663
JONES LANG LASALLE	4,497	5,205
KERING	13,091	11,504
KDDI	13,351	13,667
KINGFISHER	2,377	2,599
KONINKLUKE PHIL EL	13,007	14,511
LANDSTAR SYSTEM	3,424	5,142
LEAR	4,534	5,137
LEGAL & GENERAL	6,507	7,314
LENNAR	4,475	11,326
LINCOLN NTL	2,492	2,419
LIVANOVA	962	939
LONZA GROUP	11,438	9,708
LOWES COMPANIES	6,432	6,799
LULULEMON ATHLETICA	8,785	13,274
M K S INSTRUMENTS	1,680	1,760
MAKITA	8,492	8,692
MARSH & MCLENNAN COS	9,762	10,919
MARTIN MARIETTA MATERIALS	3,980	11,158
MEDTRONIC	6,390	5,759
MERCADOLIBRE	7,481	14,235
MERCK & CO	6,948	8,205
META PLATFORMS	22,281	32,926
MICHELIN COMPAGNIE GENERALE DE	5,356	6,741
MICROCHIP TECHNOLOGY	5,166	10,641
MICRON TECH	8,220	12,033
MICROSOFT	34,147	69,943
MIDDLEBY	2,591	2,650
MITSUBISHI UFJ FINCL GRP	11,129	19,545
MONSTER BEVERAGE	7,897	11,810
MURATA MANUFACTURING CO LTD	13,036	15,010
NATIONAL GRID	8,961	11,354
NATWEST GROUP	4,257	4,031
NAVIENT	811	891
NETFLIX	16,338	23,003
NEUROCRINE BIOSCIENCES	4,460	5,616
NEXTERA ENERGY	8,578	7,228
NIKE	9,627	8,961
NOVARTIS	7,926	9,928
NOVO NORDISK	16,869	20,690
NVIDIA	11,974	39,364
O-I GLASS	746	740
OLD NATL BANCORP	835	930
ONTO INNOVATION	2,234	4,025
OSHKOSH	5,544	5,412
OXFORD INDUSTRIES	757	1,677
PALO ALTO NETWORKS	5,685	16,150
PARKER HANNIFIN	4,208	11,709
PATTERSON -UTI ENERGY	3,271	2,398
PAYPAL HLDGS	9,508	7,676
PERFICIENT	1,630	1,706
PIPER SANDLER COMPANIES	1,491	1,935
PNC FINL SVCS GP	4,531	6,155
POWER INTEGRATIONS	3,479	3,435
PRIVIA HEALTH GROUP	984	842
PROCTER & GAMBLE	6,305	6,966
PRUDENTIAL	15,778	15,333
PULTE GROUP	2,887	7,433
QUALCOMM	4,768	8,878
R P M	4,974	7,576
RANGE RESOURCES	2,395	2,353
RECKITT BENCKISER	37,986	31,549
RECRUIT HOLDINGS CO LTD	8,890	12,342
RED ROCK RESORTS	894	1,007
REGENCY CTRS	1,456	1,654
RELX	18,404	27,683
RENAISSANCE RE HOLDINGS LTD	607	806
REPLIGEN	6,030	6,254
RIO TINTO	13,269	16,679
ROCHE HOLDINGS	38,091	33,730
ROLLS ROYCE HOLDINGS	6,560	30,652
RTX	5,415	7,241
RWE	7,524	10,008
RXSIGHT	1,619	1,947
RYANAIR HLDGS	4,035	8,845
S&P GLOBAL	8,368	13,255
SALESFORCE	10,304	15,138
SANDVIK	785	1,019
SANOFI	22,922	22,925
SAP	24,594	34,783
SCHNEIDER ELEC	9,181	20,080
SEVEN & I HOLDINGS CO	6,601	6,826
SHELL	23,832	34,084
SHERWIN WILLIAMS COMPANY OHIO	9,178	11,468
SHIFT4 PMTS	940	1,085
SIEMENS AKTIENGESELLSCHAFT	9,259	17,363
SITIO ROYALTIES	1,751	1,570
SKECHERS U S A	1,946	2,504
SKYLINE	2,659	2,781
SMC CORP JAPAN	9,656	10,533
SONY GROUP	18,073	27,081
SPECTRUM BRANDS HLGS	4,944	4,901
SPLUNK	3,600	5,820
SPROUTS FARMERS MARKET	2,707	5,052
STRYKER	7,633	9,903
SUMITOMO MITSUI FINL GROUP	2,174	3,998
SVENSKA HANDELSBANKEN	10,563	11,750
SYSCO	7,180	6,351
TAIWAN SMCNDCTR MFG CO LTD	11,855	24,128
TAKEDA PHARMACEUTCL CO LTD	11,199	8,962
TARGET	9,303	11,063
TELEDYNE TECH	6,387	6,811
TENCENT HLDGS LTD	20,848	16,703
TEREX	787	1,626
TESLA	5,200	6,247
TEXTRON	2,836	5,805
THE SCOTTS MIRACLE-GRO COMPANY	3,261	3,395
THERMO FISHER SCIENTIFIC	12,974	17,277
TWO HBRS INVT	2,437	2,410
U S BANCORP	6,009	7,834
U S PHYSICAL THERAPY	647	790
UBER TECHNOLOGIES	7,237	11,821
UBS GROUP	2,058	3,492
UMB FINANCIAL	791	1,069
UNICREDIT SPA	4,251	15,902
UNILEVER	22,678	21,864
UNION PACIFIC	8,278	9,236
UNITED PARCEL SERVICE	4,639	7,465
UNITEDHEALTH GROUP	13,651	21,280
UNIVERSAL DISPLAY	5,190	6,255
URBAN OUTFITTERS	2,389	2,689
US SILICA HLDGS	2,601	1,991
UTD OVERSEAS BK LTD	6,653	6,729
VALEO SE	5,528	3,536
VERALTO	662	987
VESTAS WIND SYSTEMS	8,025	13,919
VINCI	5,366	8,070
VISA	23,416	30,201
VISHAY INTERTECHNOLOGY	2,170	2,565
W W GRAINGER	6,913	14,887
WALKER & DUNLOP	798	966
WORKDAY	9,212	11,199
WYNDHAM HOTELS & RESORTS	3,497	3,592
WYNN RESORTS	3,450	3,331
XCEL ENERGY	7,911	7,553
XEROX HOLDINGS	3,829	3,611
XYLEM	4,199	7,757
YELP	1,990	2,730
ZOETIS	7,520	10,403

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

US Government Securities - End of Year Book Value:

797,892

US Government Securities - End of Year Fair Market Value:

786,523

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

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

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
AMER BEACON AHL MNGD FUT STR	AT COST	132,858	122,461
BLACKROCK EVENT DRIVEN EQ	AT COST	92,340	95,369
BLACKROCK GLB EQ MKT NEUTRAL	AT COST	87,843	96,492
BLACKROCK SYSTMC MULTI STRAT	AT COST	161,789	157,958
BNY MELLON GLB REAL RETURN	AT COST	123,437	126,416
CALAMOS MARKET NEUTRAL INC	AT COST	77,585	77,096
COHEN & STEERS GLB RLTY FOC	AT COST	253,742	220,353
DIAMOND HILL LONG-SHORT	AT COST	70,103	83,199
DRIEHAUS EVENT DRIVEN	AT COST	76,100	79,874
FEDERATED HERMES CORP BD STRGY	AT COST	154,330	155,053
FEDERATED HERMES HI YLD STRGY	AT COST	27,824	28,502
FEDERATED HERMES INTL BD STRGY	AT COST	27,094	27,847
FEDERATED HERMES MTG STRATEGY	AT COST	952,122	954,933
HARTFORD SCHRODER EM MKT EQ	AT COST	372,449	422,382
ISHARES 20+ YR TREASU BOND ETF	AT COST	413,202	327,194
ISHARES CORE MSCI EAFE ETF	AT COST	232,664	306,515
ISHARES CORE MSCI EMERGING	AT COST	196,803	228,621
ISHARES CORE S&P US GROWTH	AT COST	568,813	782,520
ISHARES CORE S&P US VALUE	AT COST	255,833	427,216
ISHARES CORE S&P 500 ETF	AT COST	403,135	440,375
JOHN HANCOCK DVRSFD MACRO	AT COST	111,972	106,137
JPMORGAN HEDGED EQUITY	AT COST	78,506	83,348
JPMORGAN ULTRA-SHORT INCOME	AT COST	422,483	422,736
LOCORR MARKET TREND	AT COST	72,729	70,070
NEUBERGER BERMAN LG SH	AT COST	97,857	99,908
PIMCO COMM REAL RET STRAT	AT COST	216,756	202,830
PIMCO CREDIT OPP BD	AT COST	80,482	78,461
PIMCO MORTGAGE OPP & BD	AT COST	204,160	185,596
SPDR PORTFOLIO S&P 400 MID CAP	AT COST	136,226	223,917
THORNBURG STRATEGIC INC	AT COST	92,937	93,850

- TIN:

TY 2023 LegalFeesSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	34,367	0		34,367

- TIN:

TY 2023 OtherExpensesSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT EXPENSES	3,716	3,716		0
POSTAGE AND SHIPPING	12	0		12

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INVESTMENT INCOME	14	14	14

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ADVISOR (MANAGEMENT) FEES	174,212	174,212		0

- TIN:

TY 2023 TaxesSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX PAID ON DIVIDENDS	10,022	10,022		0