Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
AEC Trust
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

36-6725987
B Telephone number (see instructions)

(800) 839-1754
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$62,135,860J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 16,363,870
2 Check right arrow.............
3 Interest on savings and temporary cash investments 95,623 95,623  
4 Dividends and interest from securities... 801,023 800,521  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,002,961
b Gross sales price for all assets on line 6a 13,602,870
7 Capital gain net income (from Part IV, line 2)... 3,551,214
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 21,263,477 4,447,358  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 211,022 114,597   96,425
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
93,734 6,233    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,083 2,068   15
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 306,839 122,898   96,440
25 Contributions, gifts, grants paid....... 3,692,000 3,692,000
26 Total expenses and disbursements. Add lines 24 and 25 3,998,839 122,898   3,788,440
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 17,264,638
b Net investment income (if negative, enter -0-) 4,324,460
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 418,916 6,249,222 6,249,222
3 Accounts receivable right arrow57,741
Less: allowance for doubtful accounts right arrow     57,741 57,741
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,364,674 Click to see attachment
List of Attached Documents:
// Content
4,832,158 		4,814,555
b Investments—corporate stock (attach schedule)....... 27,783,754 Click to see attachment
List of Attached Documents:
// Content
32,358,302 		44,631,740
c Investments—corporate bonds (attach schedule)....... 841,498 Click to see attachment
List of Attached Documents:
// Content
4,176,057 		4,174,947
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 700,000 Click to see attachment
List of Attached Documents:
// Content
700,000 		2,207,655
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 31,108,842 48,373,480 62,135,860
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 31,108,842 48,373,480
29 Total net assets or fund balances (see instructions)..... 31,108,842 48,373,480
30 Total liabilities and net assets/fund balances (see instructions). 31,108,842 48,373,480
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
31,108,842
2
Enter amount from Part I, line 27a .....................
2
17,264,638
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
48,373,480
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
48,373,480
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 13,602,870   10,051,656 3,551,214
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,551,214
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,551,214
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 60,110
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 60,110
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 60,110
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 35,200
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 35,200
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 7
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 24,917
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
CIBC National Trust Company Trustee
1.0 		211,022 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
David H Cofrin Advisory Board Member
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Edith Dee Cofrin Advisory Board Chair
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Mary Ann P Cofrin Advisory Board Member
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Paige Cofrin Advisory Board Member
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
 
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
42,123,872
b
Average of monthly cash balances.......................
1b
2,396,959
c
Fair market value of all other assets (see instructions)................
1c
2,207,655
d
Total (add lines 1a, b, and c).........................
1d
46,728,486
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
46,728,486
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
700,927
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
46,027,559
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,301,378
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
2,301,378
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
60,110
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
60,110
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,241,268
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
2,241,268
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,241,268
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
3,788,440
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,788,440
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 2,241,268
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022...... 76,186
f Total of lines 3a through e ........ 76,186
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 3,788,440
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 2,241,268
e Remaining amount distributed out of corpus 1,547,172
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,623,358
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,623,358
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022.... 76,186
e Excess from 2023.... 1,547,172
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
CIBS National TR CO Whit Mansfield
3290 Northside Pkwy NW 7th FL
Atlanta,GA30327
(404) 881-3432
bThe form in which applications should be submitted and information and materials they should include:
SEE WWW.FSREQUESTS.COM/AEC
cAny submission deadlines:
SEE WWW.FSREQUESTS.COM/AEC
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE WWW.FSREQUESTS.COM/AEC
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

350 COLORADO

2861 ELLISON PL
BOULDER,CO80304 		N/A PC Justice Based Climate Action and Mobilization fund 10,000

A PRECIOUS CHILD INC

7051 W 118TH AVE
BROOMFIELD,CO80020 		N/A PC Family Stability - Empowerment Resource Center 10,000

AGAPE COMMUNITY CENTER INC

2210 MARIETTA BLVD NW
ATLANTA,GA30318 		N/A PC Agape In-School and After-School Programs, Mental Health and Wellness Initiative 10,000

AGE WISE COLORADO INC

393 S OGDEN ST
DENVER,CO80209 		N/A PC Boulder County Expansion fund 6,000

AID ATLANTA INC

1605 PEACHTREE ST NE
ATLANTA,GA30309 		N/A PC Sisters With A Voice (SWAV) Women's Initiative 5,000

ATLANTA FULTON COUNTY PREARREST DIVERSION INITIATI

236 FORSYTH ST SW
ATLANTA,GA30303 		N/A PC Policing Alternatives & Diversion Initiative 25,000

ATLANTA HOSPITAL HOSPITALITY HOUSE INC

PO BOX 724255
ATLANTA,GA31139 		N/A PC General Operating Support 10,000

ATLANTA RONALD MCDONALD HOUSE CHARITIES INC

795 GATEWOOD RD NE
ATLANTA,GA30329 		N/A PC 2023 Adopt-A-Family Program: Keeping Children and Families Close to Vital Care 5,000

ATLANTA VOLUNTEER LAWYERS FOUNDATION INC

235 PEACHTREE ST NE STE 1750
ATLANTA,GA30303 		N/A PC Standing with Survivors fund 15,000

ATTENTION INC - TGTHR

1440 PINE ST STE B
BOULDER,CO80302 		N/A PC Fostering Stability and Resilience in Youth fund 10,000

AUDIO INFORMATION NETWORK OF COLORADO

1700 55TH ST STE A
BOULDER,CO80301 		N/A PC Audio Empowerment for Vision Loss fund 15,000

AUDUBON SOCIETY OF RHODE ISLAND

12 SANDERSON RD
SMITHFIELD,RI02917 		N/A PC Nature Based Learning and Habitat fund 100,000

AUTOMOTIVE TRAINING CENTER CORPORATION

126 BROWN AVE SE
ATLANTA,GA30315 		N/A PC Equipping teens and young adults from disadvantaged backgrounds with education and job placement in automotive repair 5,000

BENJAMIN FRANKLIN ACADEMY INC

1585 CLIFTON RD NE
ATLANTA,GA30329 		N/A PC Ben Franklin Academy Enhanced STEAM Curriculum Investments 10,000

BOULDER COMMUNITY HOUSING CORPORATION INC

PO BOX 471
BOULDER,CO80306 		N/A PC Family Self-Sufficiency Program (FSS) 15,000

BOULDER EMERGENCY SQUAD BOULDER COLORADO

PO BOX 18887
BOULDER,CO80308 		N/A PC Emergency and Rescue Services in Boulder County 20,000

BOULDER FOOD RESCUE

PO BOX 284
BOULDER,CO80306 		N/A PC Food Redistribution fund 10,000

BOULDER HOUSING COALITION

901 N CLARKSON ST
DENVER,CO80218 		N/A PC Family Grant program 5,000

BOULDER PHILHARMONIC ORCHESTRA

1600 RANGE ST STE 200
BOULDER,CO80301 		N/A PC Boulder Philharmonic Orchestra Education Programs 5,000

BOULDER VALLEY WOMENS HEALTH CENTER INC

2855 VALMONT RD
BOULDER,CO80301 		N/A PC Reproductive Health & Preventive Health Care fund 10,000

BURNAWAY INC

928 PONCE DE LEON AVE NE STE 300
ATLANTA,GA30306 		N/A PC Publication of the 2023/24 Reader and Related Atlanta Programming 7,500

CANINE PARTNERS OF THE ROCKIES INC

651 POTOMAC ST STE E
AURORA,CO80011 		N/A PC Mobility Assistance Dogs 15,000

CANOPY ATLANTA

PO BOX 115573
ATLANTA,GA30310 		N/A PC General Operating Support 5,000

CELEBRATE AUTISM INC

4564 ARAPAHOE AVE
BOULDER,CO80303 		N/A PC Online Business Education for the Disability Community 15,000

CENTER FOR HUMAN DEVELOPMENT INC

332 BIRNIE AVE
SPRINGFIELD,MA01107 		N/A PC Not Bread Alone fund 35,000

CENTER FOR HUMAN DEVELOPMENT Family Outreach of A

401 MAIN ST SUITE 12
AMHERST,MA01002 		N/A PC Family Outreach of Amherst fund 75,000

CENTRAL OUTREACH AND ADVOCACY CENTER INC

201 WASHINGTON ST SW
ATLANTA,GA30303 		N/A PC Supportive Services for People Experiencing Homelessness 10,000

CHATTAHOOCHEE RIVERKEEPER INC

6020 RIVER VIEW RD BLDG 7000 STE
MABLETON,GA30126 		N/A PC Neighborhood Water Watch fund 10,000

CHEF ANN FOUNDATION

5445 CONESTOGA COURT STE 150
BOULDER,CO80301 		N/A PC Colorado Healthy School Food Pathway planning phase 10,000

CHILD AND FAMILY ADVOCACY PROGRAM

PO BOX 19122
BOULDER,CO80308 		N/A PC General Operating Support for Blue Sky Bridge's Health and Human Services Programs: Child Abuse Intervention, Therapy, and Prevention 10,000

CHOOSE LOVE INC

40 W 37TH ST STE 1000
NEW YORK,NY10018 		N/A PC Earthquake relief programs in Turkey and Syria 50,000

CHRIS 180 INC

1030 FAYETTEVILLE RD SE
ATLANTA,GA30316 		N/A PC Children and Youth Mental Health Counseling in Schools and Communities 25,000

CLARKSTON COMMUNITY CENTER FOUNDATION INC

PO BOX 217
CLARKSTON,GA30021 		N/A PC CCC Afterschool Quiet Zone 2.0 15,000

CLARKSTON COMMUNITY HEALTH INC

3700 MARKET ST STE E
CLARKSTON,GA30021 		N/A PC Women's Health Services 10,000

CLIFTON SANCTUARY MINISTRIES INC

369 CONNECTICUT AVE NE
ATLANTA,GA30307 		N/A PC Comprehensive Night Hospitality Program for Men Experiencing Homelessness 10,000

COLLEGE AIM INC

825 VIRGINIA PARK CIR NE
ATLANTA,GA30306 		N/A PC College AIM Access Program 10,000

COLORADO FRIENDSHIP

1067 S HOVER ST STE E-116
LONGMONT,CO80501 		N/A PC IncrEdibles fund 15,000

COLORADO HORSE RESCUE

10386 N 65TH ST
LONGMONT,CO80503 		N/A PC Farrier Care fund 10,000

COLORADO WOMENS EDUCATION FOUNDATION

PO BOX 1189
BOULDER,CO80306 		N/A PC Scholarship fund for Colorado women of non-traditional student age 10,000

COMMUNITIES IN SCHOOLS OF ATLANTA INC

260 PEACHTREE ST NW 750
ATLANTA,GA30303 		N/A PC Wraparound Support for At-Risk Students in Metro-Atlanta 15,000

COMMUNITY FARMERS MARKETS INC

1039 GRANT ST SE A30
ATLANTA,GA30315 		N/A PC Fresh Local Food: Affordable and Accessible for All fund 20,000

COMMUNITY FOOD SHARE INC

650 S TAYLOR AVE
LOUISVILLE,CO80027 		N/A PC Food support for low income families and older adults 10,000

COMMUNITY MOVEMENT BUILDERS INC

790 WELCH ST SW
ATLANTA,GA30310 		N/A PC General & Unrestricted 50,000

CONCRETE JUNGLE INC

1050 OAKLEIGH DR
ATLANTA,GA30344 		N/A PC Farming for Fresh Food Access - Doghead Farm 10,000

COVENANT COMMUNITY INC

623 SPRING ST NW
ATLANTA,GA30308 		N/A PC Families of Hope fund 10,000

DADS GARAGE INC

PO BOX 5867
ATLANTA,GA31107 		N/A PC Diversity, Equity & Inclusion Project 15,000

DANCE ALIVE INC

1325 NW 2ND ST
GAINESVILLE,FL32601 		N/A PC Capital Campaign 150,000

DASHBOARD CO-OP INC

245 NORTH HIGHLAND AVENUE NE
ATLANTA,GA30307 		N/A PC Herndon Plaza Activation 10,000

DECATUR COOPERATIVE MINISTRY

PO BOX 457
DECATUR,GA30031 		N/A PC Preventing and alleviating homelessness and hunger for at-risk families in DeKalb county 10,000

DEVELOPMENTAL DISABILITIES CENTER DBA IMAGINE

1400 DIXON AVE
LAFAYETTE,CO80026 		N/A PC Dayspring Early Intervention Services 10,000

DUNWOODY NATURE CENTER INC

PO BOX 88070
DUNWOODY,GA30356 		N/A PC Installation of Pollinator Garden 5,000

EL CENTRO AMISTAD

2222 14TH ST
BOULDER,CO80302 		N/A PC Empowering Thriving Latinx Families 10,000

EL REFUGIO MINISTRY INC

PO BOX 3996
DECATUR,GA30031 		N/A PC Hospitality fund 25,000

ELEVATIONS FOUNDATION INC

PO BOX 9004
BOULDER,CO80301 		N/A PC Scholarship fund for Colorado Students with Financial Need 10,000

FAMILIES FIRST INC

80 JOSEPH E LOWERY BLVD NW
ATLANTA,GA30314 		N/A PC General Operating Support 5,000

FEMINIST WOMENS HEALTH CENTER INC

1924 CLIFF VALLEY WAY
ATLANTA,GA30329 		N/A PC General Operating Support 2024 50,000

FLORIDA RISING TOGETHER INC

10800 BISCAYNE BLVD STE 1050
MIAMI,FL33161 		N/A PC General & Unrestricted 150,000

FOREVER FAMILY INC

107 RICHMOND ST SE
ATLANTA,GA30312 		N/A PC Family Visitation fund 20,000

FRIENDS OF CHILDREN INC

241 KING ST STE 227
NORTHAMPTON,MA01060 		N/A PC FOCUS: Financial Fitness Course 25,000

FRIENDS OF REFUGEES INC

PO BOX 548
CLARKSTON,GA30021 		N/A PC Refugee Family Literacy fund 25,000

FRONT RANGE FREEDOM RESCUE INC

3481 LARKSPUR DR
LONGMONT,CO80503 		N/A PC Save Homeless Cats and Find Them New Forever Homes 5,000

FUGEES FAMILY INC

1933 E DUBLIN GRANVILLE RD 117
COLUMBUS,OH43229 		N/A PC Georgia Fugees Academy Charter School (GFACS): A Transformational School achieving educational equity for refugee and immigrant students 25,000

FURNITURE BANK OF METRO ATLANTA INC

908 MURPHY AVE SW
ATLANTA,GA30310 		N/A PC Making a House a Home fund 10,000

GAME CHANGING MEN INC

101 MACALESTER DR
NEWNAN,GA30265 		N/A PC Game Changing Men fund 10,000

GEORGIA JUSTICE PROJECT INC

438 EDGEWOOD AVE SE
ATLANTA,GA30312 		N/A PC Increasing Employment Opportunities for Women with a criminal history 5,000

GIRLS INC OF THE VALLEY

480 HAMPDEN ST
HOLYOKE,MA01040 		N/A PC Her Future, Our Future Campaign 50,000

GREEN UP OUR SCHOOLS

5490 WESTERN AVE
BOULDER,CO80301 		N/A PC Green Up Our Schools fund 5,000

GREENHOUSE SCHOLARS

1820 FOLSOM ST
BOULDER,CO80302 		N/A PC The Whole Person College Program: Cultivating Extraordinary young leaders to change low- income families and communities in Colorado and Georgia 20,000

GROVE PARK FOUNDATION INC

1566 DONALD LEE HOLLOWELL PKWY NW S
ATLANTA,GA30318 		N/A PC Grove Park Forward: Building New Affordable Housing, creating economic development, and fortifying organizational capacity 50,000

GROWING GARDENS

1630 HAWTHORN AVENUE
BOULDER,CO80304 		N/A PC Growing Gardens Food Project 10,000

HARVEST OF HOPE PANTRY

4830 PEARL ST
BOULDER,CO80301 		N/A PC Harvest of Hope Pantry fund 15,000

HAWAII COMMUNITY FOUNDATION

827 FORT ST MALL
HONOLULU,HI96813 		N/A PC Maui Strong Fund 25,000

HILLSIDE INC

690 COURTENAY DR NE
ATLANTA,GA30306 		N/A PC Connecting Communities fund 16,000

I AM HUMAN FOUNDATION

5482 PEACHTREE LANDING DR
ELLENWOOD,GA30294 		N/A PC Black Trans Men and HIV fund 5,000

INFACT

10 MILK ST STE 610
BOSTON,MA02108 		N/A PC Corporate Accountability: Advancing Climate & Water justice 50,000

INN BETWEEN OF LONGMONT INC

515 KIMBARK ST STE 107
LONGMONT,CO80501 		N/A PC Supportive Housing fund 50,000

KESTREL LAND TRUST INC

37 BAY RD
AMHERST,MA01002 		N/A PC MOUNTAIN WATERS Landscape Partnership Project 2023-2024 100,000

LAKE TOXAWAY CHARITIES

PO BOX 163
LAKE TOXAWAY,NC28747 		N/A PC General & Unrestricted 10,000

LINK COUNSELING CENTER INC

348 MOUNT VERNON HWY NE
ATLANTA,GA30328 		N/A PC The Link Counseling Center Capital Project: Outdoor Therapeutic Spaces 50,000

LOST-N-FOUND YOUTH INC

2585 CHANTILLY DR NE
ATLANTA,GA30324 		N/A PC LGBTQIA+ Youth Shelter Programming 10,000

MASS GENERAL BRIGHAM INCORPORATED

399 REVOLUTION DR STE 645
SOMERVILLE,MA02145 		N/A PC Transforming Emergency Care: Campaign for the Cooley Dickinson hospital emergency department 150,000

MATHESON HISTORY MUSEUM INC

513 E UNIVERSITY AVE
GAINESVILLE,FL32601 		N/A PC 1867 Matheson House Conservation and General Program 50,000

MEDICINE HORSE PROGRAM

PO BOX 17068
BOULDER,CO80308 		N/A PC Medicine Horse Program 10,000

MEN STOPPING VIOLENCE INC

2785 LAWRENCEVILLE HWY
DECATUR,GA30033 		N/A PC Young Men Stopping Violence fund 5,000

MINT INC

PO BOX 5528
ATLANTA,GA31107 		N/A PC Leap Year fund 15,000

MOTHER HOUSE INC

PO BOX 19589
BOULDER,CO80308 		N/A PC Empowering Vulnerable Communities: Providing Shelter and supportive services in Boulder 10,000

MOTHERHOOD BEYOND BARS

PO BOX 15276
ATLANTA,GA30333 		N/A PC Family Support Program 10,000

MUSEUM OF CONTEMPORARY ART OF GEORGIA INC

75 BENNETT ST NW
ATLANTA,GA30309 		N/A PC MOCA GA's 2023/2024 Working Artist Project Program 5,000

NATIONAL CENTER FOR CIVIL AND HUMAN RIGHTS INC

250 WILLIAMS ST STE 2322
ATLANTA,GA30303 		N/A PC Building the Vision: National Center for Civil and Human Rights Expansion for capital program 250,000

NATIONAL FOREST FOUNDATION

27 FORT MISSOULA RD STE 3
MISSOULA,MT59804 		N/A PC Southern Highlands Reserve - Green-light the Greenhouse fund 55,000

NEW AMERICAN PATHWAYS INC

2300 HENDERSON MILL RD NE STE 100
ATLANTA,GA30345 		N/A PC Empowering Refugee Women (ERW) 25,000

NEW DISABLED SOUTH INC

3546 HEMPHILL ST
ATLANTA,GA30337 		N/A PC New Disabled South General Operating Support 15,000

NORTHAMPTON SURVIVAL CENTER INC

265 PROSPECT ST
NORTHAMPTON,MA01060 		N/A PC Food Pantry - Basic Nutritional Needs Program 25,000

NSORO FOUNDATION INC

1349 W PEACHTREE ST SUITE 1525
ATLANTA,GA30339 		N/A PC Empowering Metro Atlanta youth aging out of foster care with tools and resources for post-secondary and career success 35,000

OPEN HAND ATLANTA INC

181 ARMOUR DR NE
ATLANTA,GA30324 		N/A PC The Healing Power of Food: A Campaign for Open Hand Atlanta to fund relocation and expansion 50,000

OPENCOLLECTIVE FOUNDATION

440 N BARRANCA AVE 3717
COVINA,CA91723 		N/A PC General Operating Fund 20,000

OUT OF HAND THEATER INC

764 MEMORIAL DRIVE STE 103
ATLANTA,GA30316 		N/A PC General Operating Support 10,000

OUTREACH UNITED RESOURCE CENTER INC

220 COLLYER ST
LONGMONT,CO80501 		N/A PC Basic Needs fund 15,000

PARLANDO INCORPORATED

2590 WALNUT ST
BOULDER,CO80302 		N/A PC Low-Income/At-Risk Youth Access to Music Education 5,000

PEOPLES FUND

PO BOX 4163
HONOLULU,HI96812 		N/A PC Maui Aloha-the People's Response fund 10,000

PHYSICIANS CARE CLINIC INC

2675 N DECATUR RD
DECATUR,GA30033 		N/A PC Primary Care Clinic and Dentistry Services 10,000

PROJECT V E T S

1630A 30TH ST 256
BOULDER,CO80301 		N/A PC Healing the Planet, One Animal at a Time fund 7,500

PUSH PUSH THEATER COMPANY

1208 FORREST BLVD
DECATUR,GA30030 		N/A PC PushPush Arts: Capital Campaign for the purchase of an arts venue in College Park, GA 50,000

REFUGEE WOMENS NETWORK INC

500 S COLUMBIA DR
DECATUR,GA30030 		N/A PC Refugee Women's Network Community Health Promotion program 15,000

RESOURCE CENTRAL

6400 ARAPAHOE RD B
BOULDER,CO80303 		N/A PC Renew Our Schools - Getting Smart about Energy fund 10,000

RESOURCE CENTRAL

6400 ARAPAHOE RD B
BOULDER,CO80303 		N/A PC Building Materials Reuse fund 16,000

RESTORE LIFE INCORPORATED

PO BOX 94863
ATLANTA,GA30377 		N/A PC Bankhead Youth Renaissance fund 10,000

RISE AGAINST SUICIDE

603 S PUBLIC RD UNIT 846
LAFAYETTE,CO80026 		N/A PC Rise Against Suicide fund 10,000

ROBERT W WOODRUFF ARTS CENTER - ALLIANCE THEATRE

1280 PEACHTREE ST NE
ATLANTA,GA30309 		N/A PC PEARL CLEAGE FELLOWS - Investing in BIPOC Women at the alliance theatre 10,000

SAFEHOUSE PROGRESSIVE ALLIANCE FOR NONVIOLENCE INC

835 N ST
BOULDER,CO80304 		N/A PC Services to Low-Income Survivors of Domestic Violence 10,000

SECOND HELPINGS ATLANTA INC

970 JEFFERSON ST NW STE 5
ATLANTA,GA30318 		N/A PC Food Rescue Network 25,000

SEVEN STAGES INC

1105 EUCLID AVE NE
ATLANTA,GA30307 		N/A PC LED Transition Project 15,000

SISTER SONG INC

PO BOX 94408
ATLANTA,GA30377 		N/A PC General Operating Support 25,000

SOUTHFACE ENERGY INSTITUTE INC

241 PINE ST NE
ATLANTA,GA30308 		N/A PC Georgia Elected Officials Education Program 10,000

STAR CENTER CHILDRENS THEATRE INC

11 NE 23RD AVE
GAINESVILLE,FL32609 		N/A PC Star fund 45,000

STREET DOG COALITION

220 JACKSON AVE
FORT COLLINS,CO80521 		N/A PC Boulder Street Clinics 10,000

SUNRISE DAY CAMPS ASSOCIATION INC

15 NEIL CT
OCEANSIDE,NY11572 		N/A PC A Safe Summer Day Camp for Children with Cancer and their siblings in greater atlanta 10,000

SUR LEGAL COLLABORATIVE

210 NELSON FERRY RD
DECATUR,GA30030 		N/A PC Educating Immigrant Workers about their Labor Rights in Dekalb county 25,000

SURVIVAL CENTERS INC

PO BOX 9629
NORTH AMHERST,MA01059 		N/A PC Amherst Survival Center Food Pantry 50,000

SYNCHRONICITY PERFORMANCE GROUP

1545 PEACHTREE ST NE STE 102
ATLANTA,GA30309 		N/A PC Building Equity and Capacity at Synchronicity Theatre 25,000

T2 DANCE COMPANY

PO BOX 18182
BOULDER,CO80308 		N/A PC Color Wheel Project 5,000

TAHIRIH JUSTICE CENTER

6402 ARLINGTON BLVD STE 300
FALLS CHURCH,VA22042 		N/A PC Holistic Social and Legal Services for Immigrant Women and girl survivors of gender- based violence 20,000

TEACHING PEACE

528 MAIN ST
LONGMONT,CO80501 		N/A PC Preventative Restorative Tools for Local Schools 10,000

TEKTON CAREER TRAINING

3529 CHURCH ST STE D
CLARKSTON,GA30021 		N/A PC Career Training fund 10,000

THE CALLANWOLDE FOUNDATION INC

980 BRIARCLIFF RD NE
ATLANTA,GA30306 		N/A PC General Operations Support 15,000

THE CHARIS CIRCLE INC

184 S CANDLER ST
DECATUR,GA30030 		N/A PC Swallow Hollow Feminist Artists' Retreat 30,000

THE GLOBAL VILLAGE PROJECT INC

205 SYCAMORE ST
DECATUR,GA30030 		N/A PC Intensive English Language (IEL) and Literacy Education for Refugee girls 10,000

THE HUMANE SOCIETY OF BOULDER VALLEY INC

2323 55TH ST
BOULDER,CO80301 		N/A PC Adoption Services for Shelter and Community Animals 15,000

THE INVESTORS ACADEMY INC

122 HOWELL DR SW
ATLANTA,GA30331 		N/A PC Housing and Supportive Services Program for Homeless women living with HIV/AIDS 10,000

THE NATIONAL INCARCERATION ASSOCIATION INC

900 OLD ROSWELL LAKES PKWY STE 100B
ROSWELL,GA30076 		N/A PC The NIA Whole-Way Housing Program 10,000

THE SHELTERING ARMS

385 CENTENNIAL OLYMPIC PARK DR NW
ATLANTA,GA30313 		N/A PC Sheltering Arms early education and family services for vulnerable minority children 10,000

THE TINY TIM CENTER INC

611 KORTE WAY
LONGMONT,CO80501 		N/A PC Early Childhood Education and Pediatric Therapeutic services 10,000

THERE WITH CARE

2825 WILDERNESS PL
BOULDER,CO80301 		N/A PC Support for families with critically ill children 10,000

THISTLE COMMUNITY HOUSING

6000 SPINE RD STE 101
BOULDER,CO80301 		N/A PC Affordable Housing fund 5,000

THOUSAND CURRENTS

548 MARKET ST 62831
SAN FRANCISCO,CA94104 		N/A PC General Support for Thousand Currents 25,000

TRANS HOUSING ATLANTA INC

1530 DEKALB AVE NE STE A
ATLANTA,GA30307 		N/A PC Case Management And Supportive Services Program 24,000

TRANS JUSTICE HOUSING PROJECT INC

454 IRWIN ST NE STE 208
ATLANTA,GA30312 		N/A PC Services for trans people experiencing homelessness 15,000

TREES ATLANTA INC

825 WARNER ST SW SUITE A
ATLANTA,GA30310 		N/A PC Growing, Protecting, Educating Campaign 50,000

TRU COMMUNITY CARE

2594 TRAILRIDGE DR EAST
LAFAYETTE,CO80026 		N/A PC Hospice/Palliative Care and Grief Services for Boulder County 10,000

TRUE COLORS THEATRE COMPANY

887 W MARIETTA ST UNIT J-102
ATLANTA,GA30318 		N/A PC True Colors Season 21 - Looking Forward fund 10,000

UNIVERSITY OF FLORIDA FOUNDATION INC

PO BOX 14425
GAINESVILLE,FL32604 		N/A PC Florida Museum of Natural History Expansion Project, building and renovation fund 100,000

UNIVERSITY OF FLORIDA FOUNDATION INC - SAMUEL P H

PO BOX 14425
GAINESVILLE,FL32604 		N/A PC Harn Museum of Art General Operating Support 150,000

VIRGINIA-HIGHLAND ELEMENTARY PTO

774 VIRGINIA AVE NE
ATLANTA,GA30306 		N/A PC Virginia-Highland Elementary PTO fund 50,000

VOX TEEN COMMUNICATIONS INC

229 PEACHTREE ST NE STE 725
ATLANTA,GA30303 		N/A PC Summer at VOX 2023 & 30th Anniversary Campaign 5,000

WESTSIDE FUTURE FUND

PO BOX 92273
ATLANTA,GA30314 		N/A PC Building Dr. King's Beloved Community: Affordable housing for families on atlanta's historic westside 15,000

WILDERNESS WORKS INC

644 MEMORIAL DR SE
ATLANTA,GA30312 		N/A PC Building Better Life Outcomes For Underserved Youth through nature-based education 10,000

WINDHORSE GUILD INC

1501 YARMOUTH AVE
BOULDER,CO80304 		N/A PC Mindful Works fund 15,000

WOMEN MOVING ON INC

PO BOX 171
DECATUR,GA30031 		N/A PC Services for Survivors of Domestic Violence 20,000

WORKING TITLE PLAYWRIGHTS INC

PO BOX 5
ATLANTA,GA30301 		N/A PC Monday Night Development Workshops 5,000

WYLDE CENTER INC

435 OAKVIEW RD
DECATUR,GA30030 		N/A PC Operating and Capital Support for Wylde Center 50,000

YOUTHSPARK INC

395 PRYOR ST SW STE 2117
ATLANTA,GA30312 		N/A PC Addressing Challenges for Youth Experiencing Exploitation, abuse, and trauma in atlanta 5,000
Total .................................right arrow 3a 3,692,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 95,623  
4 Dividends and interest from securities ....     14 801,023  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 4,002,961  
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) ..   4,899,607  
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,899,607
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


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

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

36-6725987
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
AEC Trust
  		Employer identification number
36-6725987
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Estate of Mary Ann H Cofrin
3290 Northside Pkwy 7th Floor
 
Atlanta, GA30327

$ 16,363,870


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

$  


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

$  


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

$  


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

$  


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

$  


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

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 VERIZON COMMUNICATIONS VZ, 717 sh. $ 25,665 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 THE COCA-COLA CO KO, 540 sh. $ 30,699 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 JP MORGAN CHASE JPM, 802 sh. $ 116,855 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 EXXON MOBIL CORP XOM, 810 sh. $ 84,625 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 JOHNSON & JOHNSON JNJ, 1350 sh. $ 198,821 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 BANK NEW YORK MELLON CORP COM BK, 1500 sh. $ 68,153 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 3M CO MMM, 600 sh. $ 55,515 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PEPSICO INC PEP, 519 sh. $ 86,995 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MCDONALD'S CORP MCD, 285 sh. $ 76,520 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PROCTER GAMBLE CO PG, 300 sh. $ 45,653 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HOME DEPOT INC HD, 157 sh. $ 45,308 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 GOLDMAN SACHS GROUP GS, 270 sh. $ 88,054 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 AT&T, INC T, 600 sh. $ 9,375 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 AMERICAN EXPRESS CO AXP, 480 sh. $ 74,102 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 TRAVELERS COMPANIES INC TRV, 430 sh. $ 73,195 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 UNITED STATES CELLULAR CORP USM, 600 sh. $ 24,917 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SCRIPPS E W CO OHIO CL A SSP, 2400 sh. $ 16,020 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ITT INC ITT, 150 sh. $ 15,428 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 INTERPUBLIC GROUP OF COS IPG, 1800 sh. $ 51,723 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 KELLANOVA (FNA KELLOGG CO) K, 600 sh. $ 31,248 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NORFOLK SOUTHERN CORP NSC, 450 sh. $ 88,902 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MORGAN STANLEY MS, 360 sh. $ 27,013 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NEXTERA ENERGY, INC NEE, 179 sh. $ 9,744 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 BRISTOL-MYERS SQUIBB CO BMY, 2400 sh. $ 120,876 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 STRYKER CORPORATION SYK, 387 sh. $ 108,716 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 GENUINE PARTS COMPANY GPC, 600 sh. $ 81,153 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CHEESECAKE FACTORY INC CAKE, 240 sh. $ 7,430 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 DRIL QUIP INC DRQ, 600 sh. $ 13,326 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Griffon Corp GFF, 1200 sh. $ 52,788 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 GRUPO TELEVISA (ADR) TV, 1200 sh. $ 2,838 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SINCLARI BROADCAST GROUP INC SBGI, 1200 sh. $ 15,648 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 INT'L FLAVORS & FRAGRANCES INC IFF, 480 sh. $ 33,955 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NORTHERN TRUST CORPORATION NTRS, 720 sh. $ 50,789 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 XCEL ENERGY INC XEL, 570 sh. $ 33,468 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CURTISS WRIGHT CP CW, 300 sh. $ 63,447 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 BUNGE GLOBAL SA BG, 300 sh. $ 31,143 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 DISH NETWORK CORPORATION DISH, 1264 sh. $ 4,291 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MGM RESORTS INTERNATIONAL MGM, 900 sh. $ 34,376 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 TRINITY INDUSTRIES, INC TRN, 1500 sh. $ 35,018 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HAWAIIAN ELEC INDS HE, 600 sh. $ 6,981 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CASEY'S GENERAL STORES, INC CASY, 240 sh. $ 66,641 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NATL FUEL GAS CO NFG, 1500 sh. $ 75,735 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CLEAR CHANNL OUTDOOR CCO, 6000 sh. $ 7,950 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 COHEN & STEERS INC CNS, 390 sh. $ 20,370 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MYERS INDS INC MYE, 1800 sh. $ 30,267 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MUELLER WATER PRODUCTS INC MWA, 3000 sh. $ 38,505 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MODINE MFG CO MOD, 900 sh. $ 41,139 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MUELLER IND INC MLI, 2400 sh. $ 92,232 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 AZZ INCORPORATED AZZ, 240 sh. $ 11,173 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 DANA HOLDING CP DAN, 2100 sh. $ 24,948 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 GRAHAM CORP GHM, 2400 sh. $ 40,104 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 AMC NETWORKS INC AMCX, 960 sh. $ 13,042 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ZOETIS INC ZTS, 720 sh. $ 121,385 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 GOGO INC GOGO, 600 sh. $ 6,033 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 TEGNA TGNA, 900 sh. $ 14,018 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ALPHABET INC CL C GOOG, 852 sh. $ 112,396 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MARINE PRODUCTS CORP MPX, 332 sh. $ 3,125 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 AVANGRID INC AGR, 180 sh. $ 5,372 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CRANE CO CR, 600 sh. $ 60,804 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 TWIN DISC, INCORPORATED TWIN, 1020 sh. $ 14,035 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ASTEC INDUSTRIES, INC. ASTE, 420 sh. $ 13,192 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Ampco-Pittsburgh Corp AP, 6411 sh. $ 17,630 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MATTHEWS INTERNATIONAL CORPORATION MATW, 600 sh. $ 22,271 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HERC HOLDINGS, INC HRI, 900 sh. $ 107,244 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 GATX CORP INC GATX, 900 sh. $ 96,458 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 VALVOLINE INC VVV, 1500 sh. $ 49,065 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 BAUSCH HEALTH COS INC BHC, 1200 sh. $ 7,992 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 RESIDEO TECHNOLOGIESINC COM REZI, 30 sh. $ 474 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 HOWMET AEROSPACE ORD SHS HWM, 480 sh. $ 23,986 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 INGERSOLL-RAND INC IR, 900 sh. $ 61,830 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MADISON SQUARE GARDEN CL A MSGS, 360 sh. $ 61,061 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 VIATRIS ORD SHS VTRS, 74 sh. $ 670 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PROG HOLDINGS INC PRG, 600 sh. $ 16,836 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 THE AARON'S COMPANY, INC AAN, 300 sh. $ 2,145 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PARAMOUNT GLOBAL ORD SHS CLASS B PARA, 780 sh. $ 9,422 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MILLICOM INTERNATIONAL CELLULAR S.A TIGO, 300 sh. $ 4,842 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 FORTUNE BRANDS INNOVATIONS INC FBIN, 180 sh. $ 10,838 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MASTERBRAND INC MBC, 180 sh. $ 2,179 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CRANE NXT ORD SHS CXT, 600 sh. $ 30,750 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MADISON SQUARE GARDEN ENTERTAINMENT MSGE, 515 sh. $ 14,829 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 SPHERE ENTERTAINMENT CO SPHR, 515 sh. $ 18,149 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 ATLANTA BRAVES HOLDINGS, INC. SERIES A BATRA, 1800 sh. $ 66,960 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 WK KELLOGG CO KLG, 150 sh. $ 1,588 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Strattec Security Corporation STRT, 1200 sh. $ 27,840 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 The Eastern Company EML, 600 sh. $ 11,082 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 RICHLAND WASH UNLTD TAX GO REF BDS SER 764258US6, 90000 sh. $ 97,434 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 AMPCO-PITTSBURGH CORPORATION AP-WT, 6300 sh. $ 17,325 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 1/100000 WELLS FARGO PFD NV PREFERRED S KEK746889, 7200 sh. $ 0 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 OTTER TAIL CORP OTTR, 300 sh. $ 23,256 2023-11-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CUTERA INC CUTR, 1380 sh. $ 2,449 2023-11-13
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 T. ROWE PRICE MID-CAP GROWTH FUND, INC RPMGX, 10026.474 sh. $ 964,346 2023-11-14
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 MAINSTAY CBRE GLOBAL INFRASTRUCTURE CL VCRIX, 8490.462 sh. $ 98,744 2023-11-15
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 CALVERT HIGH YIELD BOND FUND CLASS I CYBIX, 16155.021 sh. $ 374,958 2023-11-16
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 FIRST EAGLE GLOBAL FUND CLASS I SGIIX, 35261.88 sh. $ 2,212,683 2023-11-16
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NUVEEN FLAGSHIP ALL AMERICAN MUNI BOND FAARX, 63436.124 sh. $ 624,846 2023-11-16
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 STERLING CAPITAL STRATTON SMALL CAP VAL STSCX, 7930.947 sh. $ 417,406 2023-11-16
Schedule B (Form 990) (2023)
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PGIM TOTAL RETURN BOND FUND CLASS R6 PTRQX, 41608.875 sh. $ 478,502 2023-11-16
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NUVEEN PREFERRED SECURITIES FUND - CL R NPSRX, 34168.564 sh. $ 494,077 2023-11-16
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 NUVEEN HIGH YIELD MUNICIPAL BD FD CL R NHMRX, 24180.101 sh. $ 338,280 2023-11-16
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
AEC Trust
  		Employer identification number

36-6725987
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


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TY 2023 DepreciationSchedule
Name:
AEC Trust
EIN:
36-6725987
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2023 InvestmentsCorpBondsSchedule
Name:
AEC Trust
EIN:
36-6725987
Name of Bond End of Year Book Value End of Year Fair Market Value
AMERICAN EXPRESS CO - 4.200% - 394,520 395,337
BANK AMER CORP - 4.450% - 03/0 246,243 247,341
BANK AMER CORP MTN - 4.000% - 170,441 172,655
CINTAS CORP - 3.700% - 04/01/2 435,264 439,960
COCA-COLA CO - 3.450% - 03/25/ 112,668 96,170
COMCAST CORP - 3.375% - 08/15/ 100,181 97,666
DISNEY WALT CO NOTE - 3.800% - 111,881 121,559
ELECTRONIC ARTS INC NOTE - 4.8 186,402 175,299
GLAXOSMITHKLINE CAP INC NOTE - 110,867 98,668
GOLDMAN SACHS GROUP INC - 3.85 242,740 243,188
GOLDMAN SACHS GROUP INC NOTE - 166,266 171,032
INTEL CORP - 5.200% - 02/10/20 432,773 444,462
JPMORGAN CHASE & CO SUB BOND - 436,565 445,456
MORGAN STANLEY - 3.625% - 01/2 338,762 339,540
MORGAN STANLEY FR - 3.700% - 1 108,480 98,702
SCHWAB CHARLES CORP - 3.200% - 72,228 71,368
STRYKER CORP - 3.375% - 11/01/ 388,512 389,440
UNITEDHEALTH GROUP INC NOTE - 121,264 127,104

TY 2023 InvestmentsCorpStockSchedule
Name:
AEC Trust
EIN:
36-6725987
Name of Stock End of Year Book Value End of Year Fair Market Value
1/100000 WELLS FARGO PFD NV PR    
3M CO 55,515 65,592
ABBOTT LABS 512,859 580,949
ABBVIE INC 68,332 67,102
ACCENTURE PLC 59,292 69,129
ADOBE SYSTEMS, INC 125,148 395,546
AIA GROUP LTD ADR 37,788 37,166
AIRBUS GROUP 27,651 33,132
ALCON INC 27,639 36,170
ALIBABA GROUP HOLDING LTD 58,232 34,182
ALPHABET INC CL A 527,819 952,686
ALPHABET INC CL C 283,636 854,459
ALPS CLEAN ENERGY ETF 1,321,160 1,303,170
AMADEUS IT HLDS SA 30,772 37,626
AMAZON COM 685,608 1,508,916
AMERICAN EXPRESS CO 74,102 89,923
AMERICAN TOWER REIT INC 363,477 400,026
AMPCO-PITTSBURGH CORP 17,630 17,502
AMPCO-PITTSBURGH CORPORATION 17,325 728
ANALOG DEVICES INC 165,268 393,149
APPLE INC 213,340 1,229,689
ARES MANAGEMENT CORPORATION 67,172 97,871
ASML HOLDING NV NY REG SHS 14,930 38,603
ASSA ABLOY UNSP/ADR 25,003 36,338
ASTEC INDUSTRIES, INC. 13,192 15,624
ASTRAZENECA 667,913 794,730
AT&T, INC 9,375 10,068
ATLANTA BRAVES HOLDINGS, INC. 66,960 77,004
AUTOMATIC DATA PROCESSING INC 65,102 186,842
AVANGRID INC 5,372 5,834
BAE SYSTEMS PLC 25,750 50,186
BANCO SANTANDER CEN 50,361 52,458
BANK NEW YORK MELLON CORP COM 68,153 78,075
BAUSCH HEALTH COS INC 7,992 9,624
BHP BILLITON LIMITED 33,430 42,762
BLACKROCK INC 141,986 260,588
BRISTOL-MYERS SQUIBB CO 120,876 123,144
BROADCOM INC 60,007 73,673
BROADRIDGE FINANCIAL 86,805 125,096
BROOKFIELD ASSET MANAGEMENT LT 13,902 16,189
BROOKFIELD CORP ORD SHS CL A 80,078 95,927
BROOKFIELD INFRASTRUCTURE ORD 132,846 102,347
BROOKFIELD RENEWABLE CORP CL A 186,290 171,617
CANADIAN NATL RAILWAY CO 21,441 30,277
CARDINAL HEALTH INC 61,144 63,302
CASEY'S GENERAL STORES, INC 66,641 65,938
CHARLES SCHWAB CORP 72,119 125,629
CHECK POINT SOFTWARE TECHNOLOG 35,474 40,184
CHENIERE ENERGY INC 82,496 97,134
CHEVRON CORP 209,482 252,677
CHUBB LIMITED 30,446 45,426
CISCO SYSTEMS INC 313,293 448,769
CME GROUP, INC 442,812 474,903
COHEN & STEERS INC 20,370 29,535
COMCAST CORP 61,123 75,992
COMPASS GROUP PLC ADR 34,893 48,083
CONOCOPHILLIPS 279,349 327,666
COSTCO WHOLESALE CORPORATION 136,608 275,253
CRANE CO 60,804 70,884
CRANE NXT ORD SHS 30,750 34,122
CURTISS WRIGHT CP 63,447 66,837
DAIKIN INDS LTD ADR 22,681 27,295
DANA HOLDING CP 24,948 30,681
DANAHER CORP 279,182 503,396
DBS GROUP HLDGS SPON ADR 35,601 47,288
DELL TECHNOLOGIES INC CLASS C 37,159 38,021
DIAGEO PLC ADS 28,061 26,801
DICK'S SPORTING GDS 81,245 101,689
DISH NETWORK CORPORATION 4,291 7,293
DRIL QUIP INC 13,326 13,962
EDWARDS LIFESCIENCES 213,644 240,645
ELEVANCE HEALTH INC 253,973 232,951
ELI LILLY & CO 144,894 233,168
EQUINIX, INC 131,175 151,413
EQUINOR ASA 20,548 29,394
EXXON MOBIL CORP 84,625 80,984
FANUC LIMITED UNSPONSORED 37,865 31,762
FERRARI NV 14,997 27,751
FIDELITY NATIONAL INFORMATION 274,808 170,238
FIRST EAGLE GLOBAL FUND CLASS 2,262,295 2,288,408
FOMENTO ECONOMICO MEXICANO 17,270 29,459
FORTRESS TRANSPORTATION AND IN 81,256 105,746
FORTUNE BRANDS INNOVATIONS INC 10,838 13,705
FRANKS INTERNATIONAL NV 175,771 352,690
GATX CORP INC 96,458 108,198
GENUINE PARTS COMPANY 81,153 83,100
GOGO INC 6,033 6,078
GOLDMAN SACHS GROUP 135,426 151,993
HAWAIIAN ELEC INDS 6,981 8,514
HDFC BANK LTD ADR 38,351 51,004
HEIDELBERGCEMENT AG UNSPONSORE 23,379 37,532
HERC HOLDINGS, INC 107,244 134,001
HOME DEPOT INC 457,632 730,874
HONEYWELL INTL 443,972 569,153
HOWMET AEROSPACE ORD SHS 23,986 25,978
ICON PLC - AMERICAN DEPOSITARY 26,566 46,423
INGERSOLL-RAND INC 61,830 69,606
INT'L FLAVORS & FRAGRANCES INC 33,955 38,866
INTERCONTINENTAL EXCHANGE, INC 271,769 405,325
INTERCONTINENTAL HOTELS GROUP 32,187 50,970
INTERNATIONAL BUSINESS MACHINE 69,535 77,850
INTERPUBLIC GROUP OF COS 51,723 58,752
IQVIA HOLDINGS INC 315,516 337,352
IRON MOUNTAIN 80,611 105,040
ITT INC 15,428 17,898
JOHNSON & JOHNSON 198,821 211,599
JP MORGAN CHASE 247,823 627,669
JULIUS BAER GROUP LTD 14,355 18,244
L'AIR LIQUIDE ADR OTC 24,175 38,911
L3HARRIS TECHNOLOGIES 187,803 174,604
LINDE PLC COM 199,507 463,281
LLOYDS BANKING GROUP PLC 26,392 34,806
LONDON STK EXCHANGE GROUP 37,830 57,012
LVMH MOET HENN UNSP 19,597 38,826
MAINSTAY CBRE GLOBAL INFRASTRU 98,744 105,452
MARINE PRODUCTS CORP 3,125 3,785
MARTIN MARIETTA MATLS INC 241,828 354,725
MASTERBRAND INC 2,179 2,673
MCDONALD'S CORP 326,650 351,364
MERCADOLIBRE, INC 24,837 45,575
MERCK & CO INC 87,948 88,088
MGM RESORTS INTERNATIONAL 34,376 40,212
MICROCHIP TECHNOLOGY INC 123,952 147,534
MICROSOFT CORP 367,907 2,499,537
MODINE MFG CO 41,139 53,730
MONDELEZ INTERNATIONAL INC 223,729 275,451
MORGAN STANLEY 69,383 77,118
MUELLER IND INC 92,232 113,160
MUELLER WATER PRODUCTS INC 38,505 43,200
MYERS INDS INC 30,267 35,190
NATL FUEL GAS CO 75,735 75,255
NEXTERA ENERGY, INC 670,177 588,692
NIDEC CORPORATION ADR 23,338 17,287
NORFOLK SOUTHERN CORP 88,902 106,371
NORTHERN TRUST CORPORATION 50,789 60,754
NOVARTIS AG ADR 30,833 41,196
NVIDIA CORP 449,389 519,981
ONEOK INC 150,103 165,438
OTIS WORLDWIDE CORP 238,880 355,196
OTTER TAIL CORP 23,256 25,491
PARAMOUNT GLOBAL ORD SHS CLASS 9,422 11,536
PARKER HANNIFIN CP 81,951 106,422
PEPSICO INC 361,430 463,663
PIONEER NAT RES CO 316,207 460,329
PNC FINANCIAL GROUP INC 255,065 255,193
PROCTER GAMBLE CO 45,653 43,962
PROG HOLDINGS INC 16,836 18,546
PROLOGIS 306,957 368,175
QUALCOMM INC 126,947 322,236
RAYTHEON TECHNOLOGIES CORP 283,960 319,732
RECKITT BENCKISER GROUP 26,143 24,979
ROBERT HALF INTL INC 48,292 55,741
ROPER INDUSTRIES 349,679 475,933
S&P GLOBAL INC COM 416,975 525,540
SALESFORCE.COM 476,796 532,332
SANDOZ GROUP AG 1,688 2,593
SCRIPPS E W CO OHIO CL A 16,020 19,176
SHELL ADR EACH REPRESENTING 2 47,562 60,536
SHISEIDO CO LTD 26,742 16,402
SIEMENS AG 28,585 44,993
SINCLARI BROADCAST GROUP INC 15,648 15,636
SONY GROUP CORP 25,402 34,278
SPHERE ENTERTAINMENT CO 18,149 17,489
STERLING CAPITAL STRATTON SMAL 545,883 464,346
STRATTEC SECURITY CORPORATION 27,840 30,408
STRYKER CORPORATION 275,291 343,780
SYMRISE AG UNSPONSORED 27,144 32,599
SYSMEX CORP UNSP ASDR 22,160 21,708
T-MOBILE US INC 249,190 386,075
T. ROWE PRICE MID-CAP GROWTH F 1,027,395 1,067,654
TAIWAN SEMICONDUCTOR MFG CO LT 19,323 33,072
TE CONNECTIVITY LTD 343,017 356,168
TENCENT HOLDINGS LIMITED 47,833 37,941
TEXAS INSTRUMENTS INC 113,465 112,163
THE AARON'S COMPANY, INC 2,145 3,264
THE BLACKSTONE GROUP INC CL A 314,578 716,132
THE EASTERN COMPANY 11,082 13,200
THERMO FISHER SCIENTIFIC INC 88,887 371,553
TJX COMPANIES INC 216,133 326,459
TOKIO MARINE HOLDINGS INC 19,493 29,680
TOYOTA MTR CORP 42,530 45,662
TRINITY INDUSTRIES, INC 35,018 39,885
UNION PACIFIC 266,586 463,239
UNITEDHEALTH GROUP INC 222,610 804,973
US BANCORP 338,415 284,393
VALVOLINE INC 49,065 56,370
VANGUARD SM-CAP ETF 1,001,484 1,151,982
VERALTO CORPORATION 36,833 59,639
VERIZON COMMUNICATIONS 25,665 27,031
VERSUS CAPITAL REAL ASSETS FUN 1,999,999 2,055,534
VESTAS WIND SYS UNSP/ADR 17,965 28,292
VIATRIS ORD SHS 670 801
VICI PROPERTIES INC 326,503 321,956
VISA INC 541,193 977,614
WALT DISNEY HOLDINGS CO 459,567 306,625
WEC ENERGY GROUP, INC 120,777 113,293
WK KELLOGG CO 1,588 1,971
XCEL ENERGY INC 70,088 68,349
YUM CHINA HOLDINGS INC 29,892 31,271
ZOETIS INC 285,412 350,529

TY 2023 InvestmentsGovtObligationsSch
Name:
AEC Trust
EIN:
36-6725987
US Government Securities - End of Year Book Value:

4,832,158
US Government Securities - End of Year Fair Market Value:

4,814,555
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 InvestmentsOtherSchedule2
Name:
AEC Trust
EIN:
36-6725987
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
KING STREET CAPITAL   700,000 2,207,655

TY 2023 OtherExpensesSchedule
Name:
AEC Trust
EIN:
36-6725987
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Bank Charges 2,068 2,068    
State or Local Filing Fees 15     15


TY 2023 SubstantialContributorsSch
Name:
AEC Trust
EIN:
36-6725987
Name Address
Estate of Mary Ann H Cofrin 3290 Northside Pkwy 7th Floor
Atlanta,GA30327


TY 2023 TaxesSchedule
Name:
AEC Trust
EIN:
36-6725987
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2023 35,200      
990-PF Excise Tax for 2022 52,301      
Foreign Tax Paid 6,233 6,233