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
RIVER BRANCH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)830 A1A NORTH SUITE 13 BOX 132
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PONTE VEDRA, FL32082
A Employer identification number

22-6054887
B Telephone number (see instructions)

(904) 396-5831
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$30,680,384J 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... 472,311 472,311  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,833,571
b Gross sales price for all assets on line 6a 2,833,571
7 Capital gain net income (from Part IV, line 2)... 2,833,571
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)....... Click to see attachment
List of Attached Documents:
// Content
2,064 2,064  
12 Total. Add lines 1 through 11........ 3,307,946 3,307,946  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
22,925 17,194   5,731
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
141,570 139,789   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
49,199 5,217   0
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
856 856   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 214,550 163,056   5,731
25 Contributions, gifts, grants paid....... 845,000 845,000
26 Total expenses and disbursements. Add lines 24 and 25 1,059,550 163,056   850,731
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,248,396
b Net investment income (if negative, enter -0-) 3,144,890
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......... 590,182 2,783,331 2,783,331
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 17,001,418 Click to see attachment
List of Attached Documents:
// Content
17,057,313 		27,800,950
c Investments—corporate bonds (attach schedule).......      
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).......... 88,306 Click to see attachment
List of Attached Documents:
// Content
96,598 		96,103
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) 17,679,906 19,937,242 30,680,384
Liabilities 17 Accounts payable and accrued expenses.......... 851 8,751
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)......... 851 8,751
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........ 17,679,055 19,928,491
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 17,679,055 19,928,491
30 Total liabilities and net assets/fund balances (see instructions). 17,679,906 19,937,242
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
17,679,055
2
Enter amount from Part I, line 27a .....................
2
2,248,396
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,040
4
Add lines 1, 2, and 3 ..........................
4
19,928,491
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
19,928,491
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 P    
b CAPITAL GAINS DIVIDENDS P    
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 2,799,807     2,799,807
b 33,764     33,764
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       2,799,807
b       33,764
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 2,833,571
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 43,714
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 43,714
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 43,714
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 36,082
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 36,082
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
8 574
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 8,206
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
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 arrowFL, NJ
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 arrowRIVERBRANCHFOUNDATION.ORG
14
The books are in care ofright arrowROBERT T LOVERICH Telephone no.right arrow (904) 396-5831

Located atright arrow5011 GATE PARKWAY BLDG 100 SUITE300JACKSONVILLEFL ZIP+4right arrow32256
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
JENNIFER JOHNSON DUKE DIRECTOR
0.00 		0 0 0
830 A1A NORTH SUITE 13 BOX 132
PONTE VEDRA,FL32082
JUDITH LEROUX TRUSTEE
0.00 		0 0 0
830 A1A NORTH SUITE 13 BOX 132
PONTE VEDRA,FL32082
SIMON GREGG TRUSTEE
0.00 		0 0 0
830 A1A NORTH SUITE 13 BOX 132
PONTE VEDRA,FL32082
JASON GREGG TRUSTEE
0.00 		0 0 0
830 A1A NORTH SUITE 13 BOX 132
PONTE VEDRA,FL32082
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 N/A 0
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 N/A 0
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
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
27,502,087
b
Average of monthly cash balances.......................
1b
1,043,884
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
28,545,971
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
28,545,971
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
428,190
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
28,117,781
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,405,889
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
1,405,889
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
43,714
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
43,714
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,362,175
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,362,175
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
1,362,175
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
850,731
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
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
850,731
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 1,362,175
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...... 515,291
b From 2019......  
c From 2020......  
d From 2021...... 651,001
e From 2022...... 612,559
f Total of lines 3a through e ........ 1,778,851
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 850,731
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..... 850,731
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 511,444 511,444
(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 1,267,407
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) ... 		3,847
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,263,560
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021.... 651,001
d Excess from 2022.... 612,559
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
TRUSTEE THE RIVER BRANCH FOUNDATION
830 AIA NORTH SUITE 13 BOX 132
PONTE VEDRA,FL32062
(904) 396-5831
bThe form in which applications should be submitted and information and materials they should include:
WRITTEN REQUESTS ACCEPTED FROM RECOGNIZED NONPROFIT ORGANIZATIONS. NO PRESCRIBED APPLICATION FORMAT.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
ALL GRANTS ARE MADE TO ORGANIZATIONS RECOGNIZED BY IRS AS CHARITABLE ORGANIZATIONS. MOST OF THESE ARE IN THE JACKSONVILLE AREA.
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

1000 FRIENDS OF FLORIDA

PO BOX 5948
TALLAHASSEE,FL32314 		N/A PUBLIC CHARITY PROVIDE FOR PROGRAM SERVICES 20,000

AUDUBON FLORIDA

4500 BISCAYNE BLVD STE 205
MIAMI,FL33137 		N/A PUBLIC CHARITY PROVIDE FOR PROGRAM SERVICES 250,000

ECOFLIGHT

311K ASPEN AIRPORT BUSINESS CENTER
ASPEN,CO81611 		N/A PUBLIC CHARITY PROVIDE FOR PROGRAM SERVICES 30,000

EVERGLADES FOUNDATION

18001 OLD CUTLER ROAD
PALMETTO BAY,FL33157 		N/A PUBLIC CHARITY PROVIDE FOR PROGRAM SERVICES 50,000

JACKSONVILLE ARBORETUM AND GARDENS

1445 MILLCOE ROAD
JACKSONVILLE,FL32225 		N/A PUBLIC CHARITY PROVIDE FOR PROGRAM SERVICES 50,000

MATANZAS RIVERKEEPER

201 OWENS AVENUE
ST AUGUSTINE,FL32080 		N/A PUBLIC CHARITY PROVIDE FOR PROGRAM SERVICES 25,000

NATIONAL TROPICAL BOTANICAL GARDEN

3530 PAPALINA ROAD
KALAHEDO,HI96741 		N/A PUBLIC CHARITY PROVIDE FOR PROGRAM SERVICES 30,000

RARITAN HEADWATERS

2121 LARGER CROSS RD
BEDMINSTER,NJ07934 		N/A PUBLIC CHARITY PROVIDE FOR PROGRAM SERVICES 300,000

ST FRANCIS HOUSE

70 WASHINGTON STREET
ST AUGUSTINE,FL32084 		N/A PUBLIC CHARITY PUBLIC CHARITY 20,000

ST JOHN'S RIVERKEEPER

2800 UNIVERSITY BLVD NORTH
JACKSONVILLE,FL32211 		N/A PUBLIC CHARITY PROVIDE FOR PROGRAM SERVICES 60,000

UNIVERSITY OF COLORADO FOUNDATION

1800 N GRANT ST SUITE 725
DENVER,CO802031114 		N/A PUBLIC CHARITY PROVIDE PROGRAM SUPPORT FOR THE GIRLS ON ROCK PROGRAM 10,000
Total .................................right arrow 3a 845,000
bApproved for future payment
Total ................................. right arrow 3b 0
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 ....     14 472,311  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 2,064  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,833,571  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 3,307,946 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,307,946
(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:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 22,925 17,194   5,731

TY 2023 InvestmentsCorpStockSchedule
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Name of Stock End of Year Book Value End of Year Fair Market Value
A A R CORP - 407 SHS 17,228 25,397
AIR PRODUCTS & CHEMICALS, INC. - 686 SHS 85,586 187,827
ALAMOS GOLD INC - 1,511 SHS 10,252 20,353
ALKERMES PLC - 752 SHS 17,490 20,860
ALLETE INC - 460 SHS 30,903 28,134
ALPHABET INC CL A - 4,251 SHS 313,331 593,822
ALPHABET INC CL C - 1,686 SHS 20,598 237,467
AMAZON.COM, INC. - 3,139 SHS 27,640 476,940
ANALOG DEVICES, INC. - 755 SHS 89,139 149,913
ANGIODYNAMICS INC - 642 SHS 13,212 5,033
APOGEE ENTERPRISES - 725 SHS 34,699 38,722
APPLE, INC. - 1,412 SHS 17,604 271,852
ARCH CAP GGROUP LTD F - 1,714 SHS 61,952 127,299
ARISTA NETWORKS INC. - 1,392 SHS 74,728 327,830
ASTEC INDUSTRIES INC - 706 SHS 42,493 26,263
AVERY DENNISON CORP - 1,345 SHS 234,480 271,905
AVISTA CORP - 366 SHS 15,871 13,081
AZZ INC - 823 SHS 44,891 47,808
BECTON DICKINSON & CO. - 798 SHS 72,663 194,576
BELDEN INC - 565 SHS 34,903 43,646
BERKSHIRE HATHAWAY CL B - 11,182 SHS 716,674 3,988,172
BIOCRYST PHARMACEUTICALS - 2,161 SHS 24,704 12,944
BLACKROCK INC - 167 SHS 99,330 135,571
BOOKING HOLDINGS INC. - 128 SHS 201,110 454,044
CANADIAN PACIFIC RAILWAY F - 2,231 SHS 156,274 176,383
CARLISLE CO. - 708 SHS 160,261 221,200
CARMAX INC - 2,496 SHS 212,670 191,543
CDW CORP - 659 SHS 113,636 149,804
CHARLES SCHWAB CORP - 6,561 SHS 320,909 451,397
CHARTER COMMUNICATIONS - 369 SHS 148,699 143,423
CHIPOTLE MEXICAN GRL - 90 SHS 42,159 205,826
COLUMBUS MCKINNON CO - 391 SHS 19,237 15,257
COMCAST CORP - 4,115 SHS 66,577 180,443
COMMUNITY BANK SYS - 482 SHS 29,856 25,117
COMPASS MINERALS INT - 1,353 SHS 71,462 34,258
CONDUENT INC - 2,577 SHS 14,670 9,406
COSTCO WHSL. CORP. - 384 SHS 36,691 253,471
COTY INC - 3,883 SHS 39,490 48,227
COUSINS PROPERTIES - 566 SHS 23,407 13,782
DELTA AIR LINES INC - 3,407 SHS 102,407 137,064
DOLLAR GENERAL CORP - 2,740 SHS 406,130 372,504
DOLLAR TREE INC. - 1,264 SHS 100,037 179,551
DRIL QUIP - 788 SHS 17,874 18,337
EATON COPR PLC - 373 SHS 29,145 89,826
ELEMENT SOLUTIONS INC - 1,133 SHS 27,028 26,218
ENERSYS - 378 SHS 29,266 38,163
EQUITY COMMONWEALTH - 4,903 SHS 123,877 94,138
FEDEX CORP. - 906 SHS 85,581 229,191
FERGUSON PLC NEW - 1,768 SHS 218,441 341,348
FPA NEW INCOME - 39,269 SHS 392,394 383,265
FRESENIUS MEDICAL CARE F - 5,619 SHS 203,177 117,044
GILDAN ACTIVEWEAR F - 691 SHS 27,899 22,844
GLACIER BANCORP INC NEW - 778 SHS 38,834 32,147
GREEN DOT INC - 599 SHS 16,972 5,930
HAIN CELESTIAL GROUP - 2,206 SHS 84,929 24,156
HANCOCK WHITNEY CORP - 575 SHS 28,419 27,939
HELMERICH & PAYNE 619 SHS 18,183 22,420
I C U MEDICAL INC - 489 SHS 95,532 48,773
INFINEON TECH AG F - 4,147 SHS 149,428 173,552
INTUITIVE SURGICAL - 630 SHS 148,571 212,537
JOHNSON & JOHNSON - 1,241 SHS 79,009 194,514
JPMORGAN CHASE & CO - 1,721 SHS 95,532 292,742
KBR INC - 601 SHS 28,404 33,301
KONINKLIJKE PHILIPS - 6,947 SHS 236,347 162,074
LAKELAND FINL - 140 SHS 11,647 9,122
MADDEN STEVEN LTD - 414 SHS 12,694 17,388
MASCO CORP - 3,912 SHS 152,710 262,026
MASTERCARD CL A - 750 SHS 71,867 319,883
MERCURY SYSTEMS INC - 1,332 SHS 59,400 48,711
META PLATFORMS INC. - 1,152 SHS 67,360 407,762
MICRON TECHNOLOGY - 3,399 SHS 177,500 290,071
MICROSOFT CORP - 1,405 SHS 42,048 528,336
MODINE MANUFACTURING - 992 SHS 10,666 59,222
MOODYS CORP - 329 SHS 84,377 128,494
NEOGENOMICS INC - 1,447 SHS 16,806 23,412
NESTLE SA - 1,574 SHS 74,000 182,002
NETFLIX - 454 SHS 72,815 221,044
NEW JERSEY RESOURCE - 510 SHS 20,043 22,736
NIKE INC CL B - 1,461 SHS 56,397 158,621
NORTHERN TRUST CORP - 2098 SHS 169,973 177,029
NOVARTIS ADR - 1128 SHS 48,749 113,894
NTNL BANK HLDGS - 1017 SHS 45,648 37,822
O G E ENERGY CP HLDG - 745 SHS 27,812 26,023
OAKMARK INTERNATIONAL IN - 53,355 SHS 975,939 1,455,088
OMINCOM GROUP INC. - 2,000 SHS 107,427 173,020
ONESPAN INC - 831 SHS 8,757 8,908
ORTHOFIX MEDICAL INC - 448 SHS 7,732 6,039
PACIFIC PREMIER BANC - 763 SHS 31,833 22,211
PAPA JOHNS INTL INC - 273 SHS 24,103 20,811
PEDIATRIX MEDICAL GROUP - 1,550 SHS 31,364 14,415
PIMCO FLEXIBLE CREDIT - 124,686 SHS 1,000,000 851,604
PIMCO INCOME FUND - 71,926 SHS 840,218 763,859
PNM RES INC - 705 SHS 32,206 29,328
PROGRESS SOFTWARE CO - 324 SHS 14,875 17,593
PROGRESSIVE CO OHIO - 1,705 SHS 99,229 271,573
PVH CORP - 312 SHS 18,591 38,101
QUANEX BUILDING PRODUCTS - 1,124 SHS 27,131 34,361
R E V GROUP INC - 2,621 SHS 38,149 47,624
RANGE RESOURCE CORP - 956 SHS 20,460 29,101
ROSS STORES INC. - 1,120 SHS 99,249 154,997
S&P GLOBAL INC - 277 SHS 18,210 122,024
SALESFORCE INC - 441 SHS 64,623 116,045
SAP SE F - 1,046 109,957 161,701
SCHLUMBERGER LTD - 2,033 SHS 30,914 105,797
SEACOAST BK CORP FLA - 1,337 SHS 45,589 38,051
SENSIENT TECHNOLOGIE - 435 SHS 29,514 28,710
SILGAN HOLDINGS INC - 702 SHS 30,258 31,766
SMITH & NEPHEW GROUP P F - 4,828 SHS 186,019 131,708
SONY CORP - 3,015 SHS 192,864 285,490
SOUTHSTATE CORP - 406 SHS 31,235 34,287
SP PLUS CORP - 1,184 SHS 33,894 60,680
SPX TECHNOLOGIES INC - 784 SHS 44,086 79,192
SUMMIT MATERIALS INC - 961 SHS 33,304 36,960
SURMODICS INC - 417 SHS 16,702 15,158
TEXAS INSTRUMENTS, INC. - 1,046 SHS 31,157 178,301
THERMO FISHER SCIENIFIC - 533 SHS 93,889 282,911
TJX COMPANIES INC. - 2,257 SHS 90,486 211,729
T-MOBILE US INC. - 1,245 SHS 163,498 199,611
TRANSDIGM GROUP INC. - 170 SHS 52,768 171,972
TREEHOUSE FOODS INC - 153 SHS 6,705 6,342
TWEEDY BROWNE GLOBAL VALUE - 57,953 SHS 1,524,837 1,585,588
UNILEVER PLC - 3,219 SHS 171,020 156,057
UNITED COMMUNITY BKS - 733 SHS 27,769 21,448
UNITEDHEALTH GROUP INC COM - 829 SHS 130,785 436,444
WABTEC - 1,225 SHS 119,406 155,452
WESBANCO INC - 605 SHS 22,519 18,979
WORKDAY INC - 877 SHS 88,463 242,105
YUM BRANDS INC - 1,067 SHS 55,407 139,414
ADAPT HEALTH CORP - 2,610 SHS 29,359 19,027
AMG PANTHEON FUND CLASS - 32,926 SHS 700,000 740,499
ARCBEST CORP - 256 SHS 25,101 30,774
CADENCE BK - 1,197 SHS 28,573 35,419
CARRIER GLOBAL CORP - 3,810 SHS 169,987 218,885
CHORD ENERGY CORP - 161 SHS 24,837 26,763
CIENA CORP - 337 SHS 15,686 15,168
COLUMBIA BANKING SYS - 990 SHS 31,183 26,413
ENERPAC TOOL GROUP CORP - 559 SHS 14,461 17,379
GALAPAGOS NV F - 935 SHS 35,059 38,008
GENTHERM INC - 293 SHS 16,083 15,341
GERON CORP - 4,964 SHS 15,403 10,474
GOODYEAR TIRE RUBBER - 1,489 SHS 21,056 21,322
IDIRECT PRIVATE MARKET - 22,762 SHS 727,000 812,159
LOUISIANA - PACIFIC CORP - 268 SHS 14,445 18,982
MATADOR RESOURCES CO - 462 SHS 25,112 26,269
MP MATLS CORP - 871 SHS 21,688 17,289
MURPHY OIL CORP HLDG 30,706 34,128
PLEXUX CORP - 239 SHS 22,185 25,843
POLARIS INDUSTRIES - 94 SHS 8,734 8,908
PREMIER INC - 618 SHS 18,982 13,818
REGAL REXNORD CORP - 355 SHS 56,877 52,547
SBA COMMUNICATIONS - 783 SHS 177,530 198,639
SYSCO CORPORATION - 2,542 SHS 179,164 185,896
TEXAS CAPITAL BANCSH - 423 SHS 25,201 27,338
VF CORP - 2,071 SHS 36,353 38,935

TY 2023 InvestmentsOtherSchedule2
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
DIGITAL BRIDGE GROUP INC - 1,106 SHS AT COST 21,944 19,399
EMPIRE STATE REALTY TRUS - 1,272 SHS AT COST 13,228 12,326
PHYSICIANS REALTY TR - 1,209 SHS AT COST 21,096 16,092
STAG INDUSTRIAL INC - 676 SHS AT COST 21,044 26,540
TERRENO REALTY CORP - 347 SHS AT COST 19,286 21,746

TY 2023 OtherExpensesSchedule
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MISCELLANEOUS 769 769   0
BANK FEES & SERVICE CHARGES 87 87   0


TY 2023 OtherIncomeSchedule2
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 2,064 2,064 2,064


TY 2023 OtherIncreasesSchedule
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Description Amount
COST BASIS ADJUSTMENT 1,040


TY 2023 OtherProfessionalFeesSchedule
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES 139,789 139,789   0
PROFESSIONAL FEES 1,781 0   0


TY 2023 TaxesSchedule
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 5,217 5,217   0
EXCISE TAXES 43,982 0   0
PENALTIES 0 0   0