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
THOMAS DUNN TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

43-6019371
B Telephone number (see instructions)

(314) 418-2643
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$5,980,074J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 150,722 150,722  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 55,891
b Gross sales price for all assets on line 6a 1,385,519
7 Capital gain net income (from Part IV, line 2)... 55,891
8 Net short-term capital gain......... 0
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)....... Click to see attachment
List of Attached Documents:
// Content
1,289 274  
12 Total. Add lines 1 through 11........ 207,902 206,887  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 59,076 53,169   5,908
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,400 0 0 10,400
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,896 3,896   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1 1    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 73,373 57,066 0 16,308
25 Contributions, gifts, grants paid....... 324,000 324,000
26 Total expenses and disbursements. Add lines 24 and 25 397,373 57,066 0 340,308
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -189,471
b Net investment income (if negative, enter -0-) 149,821
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets 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......... 462,842 145,324 145,324
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 639,052 Click to see attachment
List of Attached Documents:
// Content
516,991 		1,391,359
c Investments—corporate bonds (attach schedule)....... 494,846 Click to see attachment
List of Attached Documents:
// Content
718,703 		724,976
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).......... 3,342,453 Click to see attachment
List of Attached Documents:
// Content
3,369,047 		3,715,147
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
3,624 		Click to see attachment
List of Attached Documents:
// Content
3,268 		Click to see attachment
List of Attached Documents:
// Content
3,268
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,942,817 4,753,333 5,980,074
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
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........ 4,942,817 4,753,333
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,942,817 4,753,333
30 Total liabilities and net assets/fund balances (see instructions). 4,942,817 4,753,333
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
4,942,817
2
Enter amount from Part I, line 27a .....................
2
-189,471
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,753,346
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
13
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,753,333
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 50000. TOYOTA MOTOR MTN 2.09457% 1/11/23   2018-09-18 2023-01-11
b 140. ECOLAB INC COM     2023-01-23
c 2212. ISHARES MIDCAP INDEX FD     2023-01-23
d 340. ISHARES MSCI EAFE VALUE ETF   2019-10-18 2023-01-23
e 752. ISHARES CORE MSCI EAFE ETF   2019-10-18 2023-01-23
1307. ISHARES CORE MSCI EMERGING MKTS ETF   2019-10-18 2023-01-23
596.044 CLEARBRIDGE INTERNATIONAL GROWTH   2019-10-18 2023-01-23
260. MICRON TECHNOLOGY INC   2019-10-18 2023-01-23
70. RINGCENTRAL INC   2019-10-18 2023-01-23
185. SPLUNK INC   2019-10-18 2023-01-23
280. TRANSUNION   2019-10-18 2023-01-23
75. TYLER TECHNOLOGIES INC   2019-10-18 2023-01-23
960. ISHARES RUSSELL MIDCAP VALUE ETF   2020-02-24 2023-02-14
3.27 G N M A #347016 6.500% 1/15/24   1995-12-01 2023-02-15
2.61 G N M A #429349 7.000% 3/15/26   1997-10-15 2023-02-15
8.62 G N M A #780459 7.000% 11/15/26   1997-11-25 2023-02-15
50000. BANK OF AMERICA 3.550% 3/05/24   2018-09-18 2023-03-05
.52 G N M A #347016 6.500% 1/15/24   1995-12-01 2023-03-15
2.3 G N M A #429349 7.000% 3/15/26   1997-10-15 2023-03-15
6.96 G N M A #780459 7.000% 11/15/26   1997-11-25 2023-03-15
.52 G N M A #347016 6.500% 1/15/24   1995-12-01 2023-04-15
2.31 G N M A #429349 7.000% 3/15/26   1997-10-15 2023-04-15
9.13 G N M A #780459 7.000% 11/15/26   1997-11-25 2023-04-15
50000. BANK OF NY MTN 3.500% 4/28/23   2018-09-14 2023-04-28
.53 G N M A #347016 6.500% 1/15/24   1995-12-01 2023-05-15
2.34 G N M A #429349 7.000% 3/15/26   1997-10-15 2023-05-15
5.64 G N M A #780459 7.000% 11/15/26   1997-11-25 2023-05-15
34545.455 PIONEER ILS INTERVAL FUND   2021-11-29 2023-05-30
.53 G N M A #347016 6.500% 1/15/24   1995-12-01 2023-06-15
2.35 G N M A #429349 7.000% 3/15/26   1997-10-15 2023-06-15
5.98 G N M A #780459 7.000% 11/15/26   1997-11-25 2023-06-15
66. ALBEMARLE CORP   2017-04-18 2023-07-11
94. MARATHON PETROLEUM CORP   2017-12-22 2023-07-11
27. UNITEDHEALTH GRP INC COM   2017-12-22 2023-07-11
51. WAL MART STORES INC COM   1985-08-06 2023-07-11
50000. AMERICAN HONDA MTN 3.450% 7/14/23   2018-09-14 2023-07-14
.53 G N M A #347016 6.500% 1/15/24   1995-12-01 2023-07-15
2.37 G N M A #429349 7.000% 3/15/26   1997-10-15 2023-07-15
5.68 G N M A #780459 7.000% 11/15/26   1997-11-25 2023-07-15
50000. PACCAR FINANCIAL 3.400% 8/09/23   2018-09-18 2023-08-09
.54 G N M A #347016 6.500% 1/15/24   1995-12-01 2023-08-15
2.39 G N M A #429349 7.000% 3/15/26   1997-10-15 2023-08-15
10.21 G N M A #780459 7.000% 11/15/26   1997-11-25 2023-08-15
1.88 G N M A #347016 6.500% 1/15/24   1995-12-01 2023-09-15
2.08 G N M A #429349 7.000% 3/15/26   1997-10-15 2023-09-15
5.43 G N M A #780459 7.000% 11/15/26   1997-11-25 2023-09-15
24.56 G N M A #429349 7.000% 3/15/26   1997-10-15 2023-10-15
7.02 G N M A #780459 7.000% 11/15/26   1997-11-25 2023-10-15
15997.702 CALVERT SHORT DURATION INCOME I   2019-12-04 2023-11-03
225. PAYPAL HOLDINGS INC   2019-10-18 2023-11-03
1.65 G N M A #429349 7.000% 3/15/26   1997-10-15 2023-11-15
5.77 G N M A #780459 7.000% 11/15/26   1997-11-25 2023-11-15
1.42 G N M A #429349 7.000% 3/15/26   1997-10-15 2023-12-15
5.24 G N M A #780459 7.000% 11/15/26   1997-11-25 2023-12-15
1.67 G N M A #429349 7.000% 3/15/26   1997-10-15 2023-12-31
4.84 G N M A #780459 7.000% 11/15/26   1997-11-25 2023-12-31
(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 50,000   50,000  
b 21,488   27,286 -5,798
c 158,033   129,955 28,078
d 16,706   16,459 247
e 50,093   46,808 3,285
67,381   66,061 1,320
34,737   30,178 4,559
15,947   11,346 4,601
2,616   11,233 -8,617
17,067   20,592 -3,525
19,632   22,742 -3,110
24,245   19,733 4,512
109,490   90,032 19,458
3   3  
3   3  
9   9  
50,000   50,000  
1   1  
2   2  
7   7  
1   1  
2   2  
9   9  
50,000   50,001 -1
1   1  
2   2  
6   6  
293,291   285,000 8,291
1   1  
2   2  
6   6  
15,765   6,931 8,834
11,247   6,282 4,965
12,469   5,922 6,547
7,873   80 7,793
50,000   50,000  
1   1  
2   2  
6   6  
50,000   49,852 148
1   1  
2   2  
10   10  
2   2  
2   2  
5   5  
25   25  
7   7  
244,765   260,123 -15,358
12,535   22,873 -10,338
2   2  
6   6  
1   1  
5   5  
2   2  
5   5  
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        
b       -5,798
c       28,078
d       247
e       3,285
      1,320
      4,559
      4,601
      -8,617
      -3,525
      -3,110
      4,512
      19,458
       
       
       
       
       
       
       
       
       
       
      -1
       
       
       
      8,291
       
       
       
      8,834
      4,965
      6,547
      7,793
       
       
       
       
      148
       
       
       
       
       
       
       
       
      -15,358
      -10,338
       
       
       
       
       
       
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 55,891
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 2,083
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,083
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,083
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 1,268
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,268
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 815
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 arrow0 Refundedright arrow 11 0
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 arrowMO
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. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowUS BANK NA Telephone no.right arrow (314) 418-8330

Located atright arrowPO BOX 387ST LOUISMO ZIP+4right arrow63166
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
US BANK N A TRUSTEE
1 		59,076    
PO BOX 0634
MILWAUKEE,WI532010634
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
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
5,488,837
b
Average of monthly cash balances.......................
1b
253,342
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
5,742,179
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
5,742,179
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
86,133
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,656,046
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
282,802
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
282,802
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
2,083
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,083
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
280,719
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
280,719
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
280,719
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
340,308
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
340,308
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 7 280,719
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 7,416
b From 2019...... 11,146
c From 2020...... 52,171
d From 2021...... 7,258
e From 2022...... 51,061
f Total of lines 3a through e ........ 129,052
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 340,308
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 280,719
e Remaining amount distributed out of corpus 59,589
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 188,641
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		7,416
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		181,225
10 Analysis of line 9:
a Excess from 2019.... 11,146
b Excess from 2020.... 52,171
c Excess from 2021.... 7,258
d Excess from 2022.... 51,061
e Excess from 2023.... 59,589
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.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

THOMAS DUNN MEMORIALS

3113 GASCONADE STREET
ST LOUIS,MO631184346 		NONE PC GENERAL OPERATING 324,000
Total .................................right arrow 3a 324,000
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 ........... 		         
4 Dividends and interest from securities ....     14 150,722  
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 55,891  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    1 274  
bFEDERAL TAX REFUND     1 1,015  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   207,902  
13Total. Add line 12, columns (b), (d), and (e)..................
13
207,902
(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

TY 2023 AccountingFeesSchedule
Name:
THOMAS DUNN TRUST
EIN:
43-6019371
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 10,400     10,400

TY 2023 InvestmentsCorpBondsSchedule
Name:
THOMAS DUNN TRUST
EIN:
43-6019371
Name of Bond End of Year Book Value End of Year Fair Market Value
166764AB6 CHEVRON CORP    
12189LAR2 BURLINGTN NORTH 50,027 49,757
693476BN2 PNC FUNDING CORP    
961214DR1 WESTPAC BANKING 2    
06051GHF9 BANK OF AMERICA    
595620AM7 MIDAMERICAN ENERGY 49,925 49,260
94974BGA2 WELLS FARGO MTN 48,599 49,340
458140AM2 INTEL CORP    
24422ETT6 JOHN DEERE MTN 47,818 49,355
69371RP59 PACCAR FINANCIAL    
02665WCJ8 AMERICAN HONDA MTN    
06406RAG2 BANK OF NY MTN    
89236TEN1 TOYOTA MOTOR MTN 2    
037833CG3 APPLE INC 49,075 49,851
13161T401 CALVERT SHORT DURATI    
17328W6A1 CITI 24M SPX 2X LBR    
48132MVU2 JPM 24M MXEA 2X LBR    
48132MVV0 JPM 24M MXEF 2X LBR    
025816CQ0 AMERICAN EXPRESS CO 95,256 96,746
26138EAU3 DR PEPPER SNAPPLE 93,498 94,374
438516CE4 HONEYWELL 88,879 90,713
445658CF2 JB HUNT TRANSPRT 98,546 97,995
548661DH7 LOWES COS INC 97,080 97,585

TY 2023 InvestmentsCorpStockSchedule
Name:
THOMAS DUNN TRUST
EIN:
43-6019371
Name of Stock End of Year Book Value End of Year Fair Market Value
594918104 MICROSOFT CORP 13,474 195,541
931142103 WAL MART STORES INC 416 41,620
46625H100 J P MORGAN CHASE CO 2,262 31,469
037833100 APPLE INC 10,103 103,966
28176E108 EDWARDS LIFESCIENCES 5,861 11,895
375558103 GILEAD SCIENCES INC 15,378 18,632
023135106 AMAZON.COM INC 52,781 154,979
H1467J104 CHUBB LTD 19,982 32,770
893641100 TRANSDIGM GROUP INC 5,336 25,290
012653101 ALBEMARLE CORP 46,198 77,152
808513105 SCHWAB CHARLES CORP 22,657 41,624
30303M102 FACEBOOK INC A 40,421 100,879
02079K305 ALPHABET INC CL A 43,303 122,927
03027X100 AMERICAN TOWER CORP 21,207 36,700
56585A102 MARATHON PETROLEUM C 28,804 63,943
91324P102 UNITED HEALTH GROUP 19,303 46,329
060505104 BANK OF AMERICA CORP 16,665 18,519
81762P102 SERVICENOW INC 12,250 35,325
70450Y103 PAYPAL HOLDINGS INC    
464287473 ISHARES RUSSELL MIDC    
76680R206 RINGCENTRAL INC    
902252105 TYLER TECHNOLOGIES I    
024524217 AMERICAN BEACON STEP    
464288877 ISHARES MSCI EAFE VA    
464287200 ISHARES CORE S P 500    
46434G103 ISHARES CORE MSCI EM    
595112103 MICRON TECHNOLOGY IN    
464287499 ISHARES RUSSELL MID    
89400J107 TRANSUNION    
46432F842 ISHARES CORE MSCI EA    
88339J105 TRADE DESK INC THE C 24,454 75,558
524686524 CLEARBRIDGE INTERNAT    
278865100 ECOLAB INC    
848637104 SPLUNK INC    
22160K105 COSTCO WHSL CORP 22,688 49,506
G6095L109 APTIV PLC 12,103 12,112
15135B101 CENTENE CORP COM 20,697 33,023
57667L107 MATCH GROUP INC NEW 15,697 8,468
87612E106 TARGET CORP 11,990 14,954
92556V106 VIATRIS INC    
437076102 HOME DEPOT INC 10,955 12,822
67066G104 NVIDIA CORP 11,239 12,381
697435105 PALO ALTO NETWORKS I 10,767 12,975

TY 2023 InvestmentsOtherSchedule2
Name:
THOMAS DUNN TRUST
EIN:
43-6019371
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
36203EN95 G N M A #347016      
36207D5J1 G N M A #429349 AT COST 20 20
36225AQL7 G N M A #780459 AT COST 99 100
04314H568 ARTISAN HIGH INCOME AT COST 285,000 252,062
72369L107 PIONEER ILS INTERVAL      
464287655 ISHARES RUSSELL 2000 AT COST 211,663 190,675
464287226 ISHARES CORE U.S. AG AT COST 491,370 464,689
464287200 ISHARES CORE S P 500 AT COST 239,975 382,104
524686524 CLEARBRIDGE INTERNAT AT COST 149,837 180,319
46432F842 ISHARES CORE MSCI EA AT COST 335,307 369,338
13161T401 CALVERT SHORT DURATI      
46434G103 ISHARES CORE MSCI EM AT COST 335,438 336,762
464287473 ISHARES RUSSELL MIDC AT COST 183,630 237,232
464288877 ISHARES MSCI EAFE VA AT COST 169,191 182,090
464287499 ISHARES RUSSELL MID AT COST 224,830 312,319
024524217 AMERICAN BEACON STEP AT COST 173,044 233,837
03463K406 ANGEL OAK MULTI STRA AT COST 110,977 112,842
464287432 ISHARES 20 YEAR TREA AT COST 115,998 110,548
74440B884 PGIM TOTAL RETURN BO AT COST 110,977 117,299
808524847 SCHWAB US REIT ETF AT COST 173,262 174,150
861728400 STONE RIDGE HY REINS AT COST 58,429 58,761

TY 2023 OtherAssetsSchedule
Name:
THOMAS DUNN TRUST
EIN:
43-6019371
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INCOME   0 0
000000000 MISCELLANEOUS ENTRY 3,624 3,268 3,268


TY 2023 OtherDecreasesSchedule
Name:
THOMAS DUNN TRUST
EIN:
43-6019371
Description Amount
ROUNDING 13


TY 2023 OtherExpensesSchedule
Name:
THOMAS DUNN TRUST
EIN:
43-6019371
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADR FEES 1 1   0


TY 2023 OtherIncomeSchedule2
Name:
THOMAS DUNN TRUST
EIN:
43-6019371
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 274 274  
FEDERAL TAX REFUND 1,015 0  


TY 2023 TaxesSchedule
Name:
THOMAS DUNN TRUST
EIN:
43-6019371
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,136 2,136   0
FOREIGN TAXES ON NONQUALIFIED 1,760 1,760   0