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
LUCILLE AND JOHN B DOUGHERTY TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

26-1444071
B Telephone number (see instructions)

(888) 730-4933
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$5,050,978J 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... 121,914 118,356  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 86,148
b Gross sales price for all assets on line 6a 1,281,518
7 Capital gain net income (from Part IV, line 2)... 86,148
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
8,911 8,218  
12 Total. Add lines 1 through 11........ 216,973 212,722  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 59,801 44,851   14,950
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
7,308 0 0 7,308
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
7,715 2,874   4,840
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,930 1,930   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
1,855 1,891   1,891
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 78,609 51,546 0 28,989
25 Contributions, gifts, grants paid....... 228,500 228,500
26 Total expenses and disbursements. Add lines 24 and 25 307,109 51,546 0 257,489
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -90,136
b Net investment income (if negative, enter -0-) 161,176
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............. 214,168 1,010 1,010
2 Savings and temporary cash investments.........   173,698 173,698
3 Accounts receivable right arrow4,049
Less: allowance for doubtful accounts right arrow   4,390 4,049 4,049
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) 736,582    
b Investments—corporate stock (attach schedule)....... 885,421 Click to see attachment
List of Attached Documents:
// Content
708,938 		1,555,446
c Investments—corporate bonds (attach schedule)....... 989,162 Click to see attachment
List of Attached Documents:
// Content
1,913,823 		1,870,979
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).......... 1,395,142 Click to see attachment
List of Attached Documents:
// Content
1,333,673 		1,445,796
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) 4,224,865 4,135,191 5,050,978
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........ 4,224,865 4,135,191
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)..... 4,224,865 4,135,191
30 Total liabilities and net assets/fund balances (see instructions). 4,224,865 4,135,191
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
4,224,865
2
Enter amount from Part I, line 27a .....................
2
-90,136
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,104
4
Add lines 1, 2, and 3 ..........................
4
4,135,833
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
642
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,135,191
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 77. ALPHABET INC CL C     2023-01-25
b 65.00059 APPLE INC     2023-01-25
c 12.99941 APPLE INC     2023-01-25
d 27. BLACKSTONE INC   2020-05-28 2023-01-25
e 1. BOOKING HOLDINGS INC   2021-07-29 2023-01-25
20. CELANESE CORP   2022-12-06 2023-01-25
14. CELANESE CORP   2021-07-29 2023-01-25
67. CITIGROUP INC.     2023-01-25
5. WALT DISNEY CO   2022-08-10 2023-01-25
24. WALT DISNEY CO     2023-01-25
390. GOLDMAN SACHS ACTIVEBETA INT ETF   2021-07-29 2023-01-25
129. ISHARES JP MORGAN USD EMERGING   2022-08-10 2023-01-25
7. LAM RESEARCH CORP COM     2023-01-25
1. LAM RESEARCH CORP COM   2021-07-29 2023-01-25
100. SUNCOR ENERGY INC NEW F   2015-07-08 2023-01-25
138. VANGUARD MIDCAP VIPER   2021-12-13 2023-01-25
6. BLACKROCK INC     2023-02-09
79. COGNIZANT TECH SOLUTIONS CRP COM     2023-02-09
75. FIDELITY NATL INFORMATION SVCS INC     2023-02-09
228. FIDELITY NATL INFORMATION SVCS INC     2023-02-09
110. INTERPUBLIC GROUP COS INC   2020-11-02 2023-02-09
28. JPMORGAN CHASE & CO     2023-02-09
149. LAS VEGAS SANDS CORP     2023-02-09
10000. MITSUBISHI UFJ FIN 3.407% 3/07/24   2022-08-15 2023-02-09
30000. MITSUBISHI UFJ FIN 3.407% 3/07/24     2023-02-09
21. UNION PACIFIC CORP     2023-02-09
27. WASTE MANAGEMENT INC   2020-03-04 2023-02-09
1. WALT DISNEY CO   2022-08-10 2023-03-17
30. WALT DISNEY CO   2020-04-13 2023-03-17
386. MANULIFE FINANCIAL CORP     2023-03-17
23000. KLA-TENCOR CORP 4.650% 11/01/24   2019-12-10 2023-05-11
45000. LOWE'S COS INC 3.350% 4/01/27     2023-05-15
20. ABBVIE INC   2023-01-25 2023-05-19
18. ABBVIE INC   2021-10-12 2023-05-19
13. BOEING CO     2023-05-19
17. META PLATFORMS INC     2023-05-19
8. HOME DEPOT INC   2022-12-06 2023-05-19
126. ISHARES RUSSELL 2000 ETF   2020-09-25 2023-05-19
36. RTX CORP   2023-02-09 2023-05-19
6. VISA INC-CLASS A SHRS   2023-02-09 2023-05-19
6. VISA INC-CLASS A SHRS   2021-10-18 2023-05-19
100. CVS HEALTH CORPORATION     2023-06-15
21. WALT DISNEY CO   2022-06-24 2023-06-15
118. WALT DISNEY CO     2023-06-15
35. ELECTRONIC ARTS INC     2023-06-15
100. HASBRO INC   2021-04-08 2023-06-15
235. LAS VEGAS SANDS CORP     2023-06-15
7. ELI LILLY & CO COM   2023-01-25 2023-06-15
3. ELI LILLY & CO COM   2021-10-12 2023-06-15
100. SYSCO CORP     2023-06-15
20. EATON CORP PLC     2023-06-15
186. CVS HEALTH CORPORATION     2023-06-23
186. HASBRO INC     2023-06-23
187. SYSCO CORP   2020-04-13 2023-06-23
25. ADVANCED MICRO DEVICES INC   2023-06-15 2023-08-10
4. BLACKROCK INC   2019-02-26 2023-08-10
6. BROADCOM INC     2023-08-10
49. CISCO SYSTEMS INC     2023-08-10
20000. HP ENTERPRISE CO 1.450% 4/01/24   2022-08-15 2023-08-10
20000. HP ENTERPRISE CO 1.450% 4/01/24   2020-11-19 2023-08-10
5763. INVESCO OPTIMUM YIELD DIVERSIF ETF   2022-08-10 2023-08-10
380. ISHARES RUSSELL 2000 ETF     2023-08-10
27. JPMORGAN CHASE & CO   2019-08-08 2023-08-10
16. ELI LILLY & CO COM   2016-10-03 2023-08-10
139. MANULIFE FINANCIAL CORP     2023-08-10
30. MERCK & CO INC NEW   2023-06-15 2023-08-10
27. MICROSOFT CORP   2023-02-09 2023-08-10
10. MICROSOFT CORP     2023-08-10
5. THERMO FISHER SCIENTIFIC INC     2023-08-10
19. TORONTO DOMINION BK ONT COM NEW   2023-02-09 2023-08-10
23. TORONTO DOMINION BK ONT COM NEW   2021-10-18 2023-08-10
45. TOTAL S.A. - ADR   2023-06-15 2023-08-10
2. UNITED PARCEL SERVICE-CL B   2023-02-09 2023-08-10
14. UNITED PARCEL SERVICE-CL B     2023-08-10
35000. US TREASURY NOTE 2.500% 5/15/24   2022-08-16 2023-08-10
65000. US TREASURY NOTE 2.500% 5/15/24     2023-08-10
16. UNITEDHEALTH GROUP INC     2023-08-10
1. UNITEDHEALTH GROUP INC   2019-04-26 2023-08-10
140. VANGUARD MIDCAP VIPER     2023-08-10
1158. VANGUARD MIDCAP VIPER     2023-08-10
18. EATON CORP PLC     2023-08-10
8. ABBVIE INC   2021-10-12 2023-08-30
25000. ABBVIE INC 3.750% 11/14/23     2023-08-30
7. ADOBE SYS INC   2023-06-23 2023-08-30
9. ADVANCED MICRO DEVICES INC     2023-08-30
22. ALPHABET INC CL C   2020-04-09 2023-08-30
15. APPLE INC     2023-08-30
1. BLACKROCK INC   2019-02-26 2023-08-30
14. BLACKSTONE INC   2023-02-09 2023-08-30
6. BOEING CO   2019-08-08 2023-08-30
3. BROADCOM INC     2023-08-30
13. CELANESE CORP   2023-08-10 2023-08-30
27000. CHEVRON CORP 1.554% 5/11/25   2020-05-13 2023-08-30
23. CISCO SYSTEMS INC   2020-04-13 2023-08-30
15. CITIGROUP INC.     2023-08-30
35. COGNIZANT TECH SOLUTIONS CRP COM     2023-08-30
19. DIAGEO PLC - ADR     2023-08-30
20. ELECTRONIC ARTS INC     2023-08-30
6. META PLATFORMS INC   2021-04-08 2023-08-30
50000. FED NATL MTG ASSN 0.625% 4/22/25   2020-05-04 2023-08-30
256. FIRST TRUST GLOBAL TACTICAL   2023-08-10 2023-08-30
86. GOLDMAN SACHS ACTIVEBETA INT ETF   2021-07-29 2023-08-30
5. HOME DEPOT INC   2023-01-02 2023-08-30
58. INTERPUBLIC GROUP COS INC   2020-11-02 2023-08-30
325. INVESCO OPTIMUM YIELD DIVERSIF ETF   2022-08-10 2023-08-30
133. ISHARES JP MORGAN USD EMERGING   2022-08-10 2023-08-30
184. ISHARES CORE MSCI EAFE ETF   2023-08-10 2023-08-30
13. JPMORGAN CHASE & CO   2019-08-08 2023-08-30
4. ELI LILLY & CO COM   2016-10-03 2023-08-30
66. MANULIFE FINANCIAL CORP   2019-08-08 2023-08-30
9. MCDONALDS CORP   2023-06-15 2023-08-30
15. MERCK & CO INC NEW     2023-08-30
18. MICROSOFT CORP   2019-04-26 2023-08-30
48. MONDELEZ INTERNATIONAL INC     2023-08-30
22. NIKE INC CL B     2023-08-30
95.47393 PGIM HIGH YIELD-Q 1067   2021-07-29 2023-08-30
845.68807 PGIM HIGH YIELD-Q 1067   2021-07-29 2023-08-30
11. RTX CORP   2023-02-09 2023-08-30
7. RTX CORP   2022-08-22 2023-08-30
148. REGIONS FINL CORP NEW   2022-08-22 2023-08-30
17. STARBUCKS CORP COM   2023-06-15 2023-08-30
44. SUNCOR ENERGY INC NEW F   2023-03-17 2023-08-30
15. TARGET CORP     2023-08-30
2. THERMO FISHER SCIENTIFIC INC   2023-06-15 2023-08-30
21. TORONTO DOMINION BK ONT COM NEW   2023-02-09 2023-08-30
24. TOTAL S.A. - ADR   2023-06-15 2023-08-30
3. TOTAL S.A. - ADR   2021-10-18 2023-08-30
39. UNILEVER PLC - ADR   2020-02-03 2023-08-30
12. UNION PACIFIC CORP   2010-06-18 2023-08-30
7. UNITED PARCEL SERVICE-CL B   2023-02-09 2023-08-30
5. UNITEDHEALTH GROUP INC     2023-08-30
64. VANGUARD MIDCAP VIPER   2020-05-28 2023-08-30
6. VISA INC-CLASS A SHRS   2023-02-09 2023-08-30
17. WASTE MANAGEMENT INC     2023-08-30
8. EATON CORP PLC   2021-04-08 2023-08-30
32. GARMIN LTD     2023-08-30
23. TE CONNECTIVITY LTD   2021-11-19 2023-08-30
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(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 7,482   7,664 -182
b 9,111   8,137 974
c 1,822   1,894 -72
d 2,339   1,454 885
e 2,298   2,244 54
2,395   2,094 301
1,676   2,170 -494
3,410   4,747 -1,337
522   563 -41
2,506   4,022 -1,516
12,055   13,855 -1,800
11,406   11,594 -188
3,287   2,967 320
470   611 -141
3,321   2,706 615
29,408   34,353 -4,945
4,296   2,702 1,594
5,247   6,564 -1,317
5,522   7,251 -1,729
16,786   27,674 -10,888
4,060   2,079 1,981
3,919   4,442 -523
8,571   7,667 904
9,818   9,932 -114
29,454   30,466 -1,012
4,256   2,813 1,443
4,109   3,239 870
93   113 -20
2,800   3,101 -301
6,765   8,012 -1,247
23,021   25,225 -2,204
43,308   44,268 -960
2,911   2,949 -38
2,620   1,951 669
2,670   4,487 -1,817
4,181   5,570 -1,389
2,331   2,542 -211
22,154   18,338 3,816
3,446   3,509 -63
1,396   1,377 19
1,396   1,394 2
6,802   6,476 326
1,935   2,040 -105
10,873   6,140 4,733
4,491   4,870 -379
6,149   9,633 -3,484
13,833   10,235 3,598
3,174   2,420 754
1,360   698 662
7,298   5,764 1,534
3,863   3,256 607
12,947   7,645 5,302
11,042   17,652 -6,610
13,580   9,290 4,290
2,783   3,100 -317
2,788   1,767 1,021
5,119   2,992 2,127
2,620   2,561 59
19,443   19,319 124
19,443   20,414 -971
84,849   99,700 -14,851
73,092   48,032 25,060
4,168   2,953 1,215
8,375   1,291 7,084
2,731   2,696 35
3,186   3,280 -94
8,806   7,139 1,667
3,262   2,772 490
2,752   2,828 -76
1,216   1,305 -89
1,471   1,624 -153
2,868   2,646 222
360   370 -10
2,521   2,710 -189
34,255   34,571 -316
63,616   66,113 -2,497
8,071   7,674 397
504   236 268
31,242   29,404 1,838
258,419   198,577 59,842
3,917   2,843 1,074
1,185   867 318
24,886   25,910 -1,024
3,812   3,361 451
956   994 -38
3,000   1,327 1,673
2,806   2,126 680
695   442 253
1,468   1,277 191
1,375   1,992 -617
2,675   1,047 1,628
1,638   1,653 -15
25,380   27,157 -1,777
1,304   946 358
622   1,036 -414
2,505   2,198 307
3,244   2,742 502
2,421   2,214 207
1,778   1,875 -97
46,528   50,091 -3,563
6,237   6,238 -1
2,690   3,055 -365
1,653   1,642 11
1,915   1,096 819
4,756   5,623 -867
11,403   11,954 -551
12,336   12,611 -275
1,923   1,422 501
2,193   323 1,870
1,215   1,125 90
2,555   2,622 -67
1,649   1,161 488
5,913   2,333 3,580
3,432   2,228 1,204
2,253   1,451 802
441   534 -93
3,907   4,727 -820
947   1,072 -125
603   648 -45
2,758   3,277 -519
1,688   1,724 -36
1,505   1,272 233
1,895   2,734 -839
1,117   1,056 61
1,297   1,442 -145
1,516   1,411 105
190   156 34
2,008   2,292 -284
2,667   457 2,210
1,204   1,295 -91
2,467   1,147 1,320
14,083   10,346 3,737
1,478   1,377 101
2,691   2,020 671
1,832   1,120 712
3,395   4,550 -1,155
3,027   3,791 -764
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
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       -182
b       974
c       -72
d       885
e       54
      301
      -494
      -1,337
      -41
      -1,516
      -1,800
      -188
      320
      -141
      615
      -4,945
      1,594
      -1,317
      -1,729
      -10,888
      1,981
      -523
      904
      -114
      -1,012
      1,443
      870
      -20
      -301
      -1,247
      -2,204
      -960
      -38
      669
      -1,817
      -1,389
      -211
      3,816
      -63
      19
      2
      326
      -105
      4,733
      -379
      -3,484
      3,598
      754
      662
      1,534
      607
      5,302
      -6,610
      4,290
      -317
      1,021
      2,127
      59
      124
      -971
      -14,851
      25,060
      1,215
      7,084
      35
      -94
      1,667
      490
      -76
      -89
      -153
      222
      -10
      -189
      -316
      -2,497
      397
      268
      1,838
      59,842
      1,074
      318
      -1,024
      451
      -38
      1,673
      680
      253
      191
      -617
      1,628
      -15
      -1,777
      358
      -414
      307
      502
      207
      -97
      -3,563
      -1
      -365
      11
      819
      -867
      -551
      -275
      501
      1,870
      90
      -67
      488
      3,580
      1,204
      802
      -93
      -820
      -125
      -45
      -519
      -36
      233
      -839
      61
      -145
      105
      34
      -284
      2,210
      -91
      1,320
      3,737
      101
      671
      712
      -1,155
      -764
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 86,148
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 2,240
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 2,240
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 2,240
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 2,981
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 2,981
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 741
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow741 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 arrowTX
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
 
No
Website addressright arrow  
14
The books are in care ofright arrow   Telephone no.right arrow

Located atright arrow ZIP+4right arrow  
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
Yes
 
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
WELLS FARGO BANK N A TRUSTEE
1 		59,801    
100 N MAIN ST FL 5D4001-052
WINSTONSALEM,NC27101
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
4,780,447
b
Average of monthly cash balances.......................
1b
126,902
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
4,907,349
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
4,907,349
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
73,610
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
4,833,739
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
241,687
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
241,687
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
2,240
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,240
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
239,447
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
239,447
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
239,447
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
257,489
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
257,489
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 7 239,447
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 224,106
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 0
e From 2022...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 257,489
a Applied to 2022, but not more than line 2a 224,106
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..... 33,383
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		206,064
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
d Excess from 2022.... 0
e Excess from 2023.... 0
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 e-mail address of the person to whom applications should be addressed:
WELLS FARGO BANK TRUST DEPARTMENT
100 NORTH MAIN STREET 6TH FLOOR
WINSTONSALEM,MP27101
(704) 590-2828
bThe form in which applications should be submitted and information and materials they should include:
ORGANIZATIONS ARE TO SUBMIT REQUESTS ON BANK TRUST DEPARTMENT'S GRANT APPLICATION AVAILABLE AT: WELLSFARGO.COM/PRIVATEFOUNDATIONGRANTS/DOUGHERTY
cAny submission deadlines:
JULY 31
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
10% OF ANNUAL NET INCOME TO CHARITIES NAMED IN THE WILL. THE REMAINING CONTRIBUTIONS ARE RESTRICTED TO CHARITABLE ORGANIZATIONS IN THE BRAZOS COUNTY, TX 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

AFTER SCHOOL PROGRAM

PO BOX 2406
CONCORD,NH033022406 		NONE PC GENERAL OPERATING 3,000

THE SALVATION ARMY

615 SLATERS LN
ALEXANDRIA,VA22314 		NONE PC GENERAL OPERATING 12,000

FIRST UNITED METHODIST CHURCH OF

524 W COOLIDGE AVE
BLACKWELL,OK746314824 		NONE PC GENERAL OPERATING 70,000

ST JOSEPH REGIONAL HEALTH CENTER

2801 FRANCISCAN DRIVE
BRYAN,TX77802 		NONE PC GENERAL OPERATING 30,000

BRAZOS VALLEY REHABILITATION CENTER

1318 MEMORIAL DR
BRYAN,TX778025215 		NONE PC GENERAL OPERATING 15,000

METHODIST RETIREMENT COMMUNITIES

2505 E VILLA MARIA RD
BRYAN,TX778022038 		NONE PC GENERAL OPERATING 25,000

BIG BROTHERS BIG SISTERS OF SOUTH TEXAS

10843 GULFDALE ST
SAN ANTONIO,TX782163608 		NONE PC GENERAL OPERATING 5,000

UNITED WAY OF THE BRAZOS VALLEY INC

1716 BRIARCREST DR STE 155
BRYAN,TX778022779 		NONE PC GENERAL OPERATING 3,500

HOSPICE BRAZOS VALLEY INC

502 W 26TH ST
BRYAN,TX778032426 		NONE PC GENERAL OPERATING 30,000

BRAZOS VALLEY FOOD BANK INC

PO BOX 74
BRYAN,TX778060074 		NONE PC GENERAL OPERATING 15,000

HEALTH FOR ALL CLINIC INC

3030 EAST W 29TH ST 111
BRYAN,TX778020000 		NONE PC GENERAL OPERATING 5,000

COLLEGE STATION ISD EDUCATION FOUNDATION

1812 WELSH AVE
COLLEGE STA,TX778404800 		NONE PC GENERAL OPERATING 5,000

BRYAN ISD EDUCATION FOUNDATION

801 S ENNIS ST
BRYAN,TX778034642 		NONE PC GENERAL OPERATING 10,000
Total .................................right arrow 3a 228,500
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 ....     14 121,914  
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 86,148  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFEDERAL TAX REFUND 		    1 693  
bROYALTY INCOME     1 8,218  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   216,973  
13Total. Add line 12, columns (b), (d), and (e)..................
13
216,973
(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:
LUCILLE AND JOHN B DOUGHERTY TRUST
EIN:
26-1444071
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 7,308     7,308

TY 2023 InvestmentsCorpBondsSchedule
Name:
LUCILLE AND JOHN B DOUGHERTY TRUST
EIN:
26-1444071
Name of Bond End of Year Book Value End of Year Fair Market Value
02005NBQ2 ALLY FINANCIAL INC 39,692 38,598
023135CF1 AMAZON.COM INC 49,611 48,536
037833ET3 APPLE INC 45,458 44,895
06051GKE8 VR BANK OF AMERICA 48,397 48,068
075887BF5 BECTON DICKINSON AND 42,128 39,370
097023DG7 BOEING CO 47,880 47,245
125523CP3 CIGNA CORP 42,982 41,701
15089QAJ3 CELANESE US HOLDINGS 12,506 11,888
20030NBN0 COMCAST CORP 47,259 43,944
231021AU0 CUMMINS INC 43,773 42,188
29444UBK1 EQUINIX INC 43,179 41,979
30303M8L9 META PLATFORMS INC 40,372 40,584
38141GXJ8 GOLDMAN SACHS GROUP 52,212 48,863
45866FAU8 INTERCONTINENTALEXCH 45,199 44,221
46647PCZ7 VR JPMORGAN CHASE & 44,997 44,268
579780AR8 MCCORMICK & CO 42,599 41,427
61747YEZ4 VR MORGAN STANLEY 5. 45,023 45,044
693506BU0 PPG INDUSTRIES INC 43,078 41,594
776743AM8 ROPER TECHNOLOGIES 43,767 42,062
78016FZS6 ROYAL BANK OF CANADA 48,306 49,421
808513BF1 CHARLES SCHWAB CORP 29,703 27,501
842587CV7 SOUTHERN CO 42,643 43,410
89115A2A9 TORONTO-DOMINION BAN 49,697 49,194
9128283F5 US TREASURY NOTE 94,246 94,023
9128283W8 US TREASURY NOTE 94,145 95,590
912828G38 US TREASURY NOTE 2.2 101,436 97,762
912828J27 US TREASURY NOTE 2.0 101,655 97,059
91282CBH3 US TREASURY NOTE 95,352 92,391
91282CBT7 US TREASURY NOTE 94,859 92,777
91282CCJ8 US TREASURY NOTE 96,178 92,473
91282CDQ1 US TREASURY NOTE 1.2 96,328 92,305
91282CHE4 US TREASURY NOTE 97,832 98,941
961214FK4 WESTPAC BANKING CORP 51,331 51,657

TY 2023 InvestmentsCorpStockSchedule
Name:
LUCILLE AND JOHN B DOUGHERTY TRUST
EIN:
26-1444071
Name of Stock End of Year Book Value End of Year Fair Market Value
00287Y109 ABBVIE INC 18,098 26,035
00724F101 ADOBE INC 17,745 22,074
007903107 ADVANCED MICRO DEVIC 15,007 26,534
02079K107 ALPHABET INC CL C 23,997 92,591
037833100 APPLE INC 3,935 130,535
09247X101 BLACKROCK INC 11,084 25,166
09260D107 BLACKSTONE INC 17,318 35,872
097023105 BOEING CO 18,875 33,104
09857L108 BOOKING HOLDINGS INC 20,798 39,019
11135F101 BROADCOM INC 14,541 60,278
150870103 CELANESE CORP 18,823 39,930
17275R102 CISCO SYSTEMS INC 10,048 23,896
172967424 CITIGROUP INC. 27,358 27,572
192446102 COGNIZANT TECH SOLUT 12,507 17,598
25243Q205 DIAGEO PLC - ADR 13,911 18,353
285512109 ELECTRONIC ARTS INC 10,969 17,922
30303M102 META PLATFORMS INC 26,749 48,846
437076102 HOME DEPOT INC 20,205 22,179
460690100 INTERPUBLIC GROUP CO 7,237 12,501
46625H100 JPMORGAN CHASE & CO 17,336 45,587
512807108 LAM RESEARCH CORP CO 8,032 33,680
532457108 ELI LILLY & CO COM 5,986 48,382
56501R106 MANULIFE FINANCIAL C 18,271 29,968
580135101 MCDONALDS CORP 17,477 17,791
58933Y105 MERCK & CO INC NEW 18,497 33,251
594918104 MICROSOFT CORP 18,613 138,759
609207105 MONDELEZ INTERNATION 13,253 22,453
654106103 NIKE INC CL B 7,796 15,634
75513E101 RTX CORP 28,923 32,394
7591EP100 REGIONS FINL CORP NE 20,809 19,748
855244109 STARBUCKS CORP COM 17,675 17,186
867224107 SUNCOR ENERGY INC NE 24,256 33,193
87612E106 TARGET CORP 5,090 14,384
883556102 THERMO FISHER SCIENT 4,150 21,762
891160509 TORONTO DOMINION BK 23,075 28,110
89151E109 TOTALENERGIES SE -SP 26,836 38,070
904767704 UNILEVER PLC - ADR 13,334 12,168
907818108 UNION PACIFIC CORP 2,896 18,667
911312106 UNITED PARCEL SERVIC 14,299 23,899
91324P102 UNITEDHEALTH GROUP I 3,844 45,276
92826C839 VISA INC-CLASS A SHR 22,761 33,325
94106L109 WASTE MANAGEMENT INC 11,896 19,522
G29183103 EATON CORP PLC 20,870 42,866
H2906T109 GARMIN LTD 19,954 28,150
H84989104 TE CONNECTIVITY LTD 13,804 21,216

TY 2023 InvestmentsOtherSchedule2
Name:
LUCILLE AND JOHN B DOUGHERTY TRUST
EIN:
26-1444071
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
33739H101 FIRST TRUST GLOBAL T AT COST 91,889 84,621
381430107 GOLDMAN SACHS ACTIVE AT COST 102,775 96,216
46090F100 INVESCO OPTIMUM YIEL AT COST 104,047 83,710
464288281 ISHARES JP MORGAN US AT COST 240,292 238,859
46432F842 ISHARES CORE MSCI EA AT COST 282,346 289,842
74440Y884 PGIM HIGH YIELD-Q 10 AT COST 110,023 94,876
922908629 VANGUARD MIDCAP VIPE AT COST 252,299 391,300
GTY995331 AGILITY MULTI-ASSET AT COST 150,000 136,027
MI0324951 BRAZOS COUNTY TX MIN AT COST 1 19,417
MI0324969 GRIMES COUNTY TEXAS AT COST 1 10,928

TY 2023 OtherDecreasesSchedule
Name:
LUCILLE AND JOHN B DOUGHERTY TRUST
EIN:
26-1444071
Description Amount
CY PURCHASE OF ACCRUED INTEREST 175
ROC ON CY SALES 11
PY RETURN OF CAPITAL ADJUSTMENT 399
TAX LOT BASIS ADJUSTMENT 57


TY 2023 OtherExpensesSchedule
Name:
LUCILLE AND JOHN B DOUGHERTY TRUST
EIN:
26-1444071
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ROYALTY EXPENSES 1,855 1,891   1,891


TY 2023 OtherIncomeSchedule2
Name:
LUCILLE AND JOHN B DOUGHERTY TRUST
EIN:
26-1444071
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FEDERAL TAX REFUND 693 0  
ROYALTY INCOME 8,218 8,218  


TY 2023 OtherIncreasesSchedule
Name:
LUCILLE AND JOHN B DOUGHERTY TRUST
EIN:
26-1444071
Description Amount
PY PURCHASE OF ACCRUED INTEREST 803
COST BASIS ADJUSTMENT 301


TY 2023 OtherProfessionalFeesSchedule
Name:
LUCILLE AND JOHN B DOUGHERTY TRUST
EIN:
26-1444071
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GRANT ADMIN FEE 4,840     4,840
INVESTMNT MNGMNT FEES (NON-DED 2,875 2,874    


TY 2023 TaxesSchedule
Name:
LUCILLE AND JOHN B DOUGHERTY TRUST
EIN:
26-1444071
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 1,856 1,856   0
FOREIGN TAXES ON NONQUALIFIED 74 74   0