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
Lettie Pate Evans Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)191 Peachtree Street NE 3540
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Atlanta, GA303031799
A Employer identification number

58-6004644
B Telephone number (see instructions)

(404) 522-6755
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$534,517,325J 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 550,723 550,723  
4 Dividends and interest from securities... 15,077,425 15,077,425  
5a Gross rents............ 45,000 45,000  
b Net rental income or (loss) 42,750
6a Net gain or (loss) from sale of assets not on line 10 14,839,984
b Gross sales price for all assets on line 6a 43,878,132
7 Capital gain net income (from Part IV, line 2)... 14,839,984
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 30,513,132 30,513,132  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 113,051 33,474   79,577
14 Other employee salaries and wages...... 64,115 3,296   60,819
15 Pension plans, employee benefits....... 42,293 4,770   37,523
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,115 409   4,706
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
140,864 139,051   1,813
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
429,232 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
373 30  
20 Occupancy.............. 16,440 1,315   15,125
21 Travel, conferences, and meetings....... 4,712 2,083   2,630
22 Printing and publications.......... 89 7   82
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15,102 3,165   11,937
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 831,386 187,600   214,212
25 Contributions, gifts, grants paid....... 29,900,061 29,900,061
26 Total expenses and disbursements. Add lines 24 and 25 30,731,447 187,600   30,114,273
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -218,315
b Net investment income (if negative, enter -0-) 30,325,532
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............. 5,660 5,400 5,400
2 Savings and temporary cash investments......... 9,982,591 9,538,650 9,538,650
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)....... 61,589,961 Click to see attachment
List of Attached Documents:
// Content
77,789,194 		523,531,675
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow139,848
Less: accumulated depreciation (attach schedule) right arrow   139,848 139,848 1,366,667
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow17,891
Less: accumulated depreciation (attach schedule) right arrow16,901 1,363 Click to see attachment
List of Attached Documents:
// Content
990 		990
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
38,186 		Click to see attachment
List of Attached Documents:
// Content
44,030 		Click to see attachment
List of Attached Documents:
// Content
73,943
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 71,757,609 87,518,112 534,517,325
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) Click to see attachment
List of Attached Documents:
// Content
124 		Click to see attachment
List of Attached Documents:
// Content
167
23 Total liabilities (add lines 17 through 22)......... 124 167
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 71,757,485 87,517,945
29 Total net assets or fund balances (see instructions)..... 71,757,485 87,517,945
30 Total liabilities and net assets/fund balances (see instructions). 71,757,609 87,518,112
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
71,757,485
2
Enter amount from Part I, line 27a .....................
2
-218,315
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
15,978,775
4
Add lines 1, 2, and 3 ..........................
4
87,517,945
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
87,517,945
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 43,878,132   29,038,148 14,839,984
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       14,839,984
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 14,839,984
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) 1 421,525
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........................... 3 421,525
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- ..... 5 421,525
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 427,627
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.............. 7 427,627
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 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 6,102
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow6,102 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$ 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 arrowGA
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 arrowwww.lpevans.org
14
The books are in care ofright arrowErik S Johnson Secretary Telephone no.right arrow (404) 522-6755

Located atright arrow191 Peachtree Street NE Suite 3540AtlantaGA ZIP+4right arrow303032951
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
James B Williams Trustee- Chair Emeritus
1.00 		6,250 235 0
191 Peachtree St Suite 3540
Atlanta,GA30303
E Jenner Wood III Trustee- Chair
2.00 		6,250 235 0
191 Peachtree St Suite 3540
Atlanta,GA30303
Lawrence L Gellerstedt III Trustee- Vice Chair
2.00 		8,750 235 0
191 Peachtree St Suite 3540
Atlanta,GA30303
David P Stockert Trustee
1.00 		6,250 235 0
191 Peachtree St Suite 3540
Atlanta,GA30303
Lyons Gray Trustee
1.00 		6,250 235 0
191 Peachtree St Suite 3540
Atlanta,GA30303
P Russell Hardin President
3.00 		38,063 5,757 145
191 Peachtree St Suite 3540
Atlanta,GA30303
Erik S Johnson Vice President & Secretary
3.00 		21,973 5,102 99
191 Peachtree St Suite 3540
Atlanta,GA30303
Eli P Niepoky Treasurer
3.00 		19,265 5,775 98
191 Peachtree St Suite 3540
Atlanta,GA30303
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
GANNETT WELSH & KOTLER LLC INVESTMENT MANAGER 51,515
222 BERKELEY STREET 15TH FLOOR
BOSTON,MA02116
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 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
519,598,486
b
Average of monthly cash balances.......................
1b
10,266,762
c
Fair market value of all other assets (see instructions)................
1c
1,433,956
d
Total (add lines 1a, b, and c).........................
1d
531,299,204
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) Click to see attachment
List of Attached Documents:
// Content
.............
1e
8,355,047
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
531,299,204
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
7,969,488
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
523,329,716
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
26,166,486
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
26,166,486
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
421,525
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
421,525
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
25,744,961
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
25,744,961
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
25,744,961
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
30,114,273
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
30,114,273
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 25,744,961
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 26,588,786
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 30,114,273
a Applied to 2022, but not more than line 2a 26,588,786
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..... 3,525,487
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 .......... 		22,219,474
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....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
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:
P Russell Hardin President
191 Peachtree St NE Suite 3540
Atlanta,GA30303
(404) 522-6755
bThe form in which applications should be submitted and information and materials they should include:
Application form not required. Proposals should be submitted via the Foundation's online application portal on its website. Before submitting a formal grant request, prospective grantees are encouraged to submit an informal inquiry to fdns@woodruff.org. The grant requests should be made in letter form and include the following information: - A description of the organization, its purposes, programs, staffing and governing board - The organization's latest financial statements including the most recent audit report - A description of the proposed project and full justification for its funding - An itemized project budget including other sources of support in hand or anticipated - Evidence from the IRS of the organization's tax-exempt status and that the applying organization itself is not a private foundation.
cAny submission deadlines:
Grant applications are considered in April and Nov. for requests received by Feb. 1 and Aug. 15th.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
The Foundation makes grants to public charities located in Georgia and Virginia, with a particular focus on private secondary and higher education, arts and culture, and museums and historic preservation. Grants in Georgia are typically reserved for organizations operating in metropolitan Atlanta; grants in Virginia are typically reserved only for those organizations that Mrs. Lettie Pate Evans supported during her life. Traditionally, preference has been given to one-time capital projects and to other extraordinary needs of well-established organizations with a broad base of community support and proven ability to meet an annual operating budget. Grants for regular operating expenses are avoided. No grants are made to individuals.
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

Actor's Express

887 West Marietta Street SW Suite
J-107
Atlanta,GA30318 		  PC Acquisition of theater equipment as part of $600,000 campaign. 150,000

Agnes Scott College

141 East College Avenue
Decatur,GA30030 		  PC $31.8 million campaign to renovate Main Hall. 3,500,000

Atlanta Fulton County Zoo

800 Cherokee Avenue SE
Atlanta,GA30315 		  PC $22 million campaign to construct the Animal Health Center. 8,000,025

Brewton-Parker College

201 David-Eliza Fountain Circle
Mount Vernon,GA30445 		  PC $2.3 million campaign to construct a nursing building. 150,000

Children's Healthcare of Atlanta

1575 Northeast Expressway NE
Atlanta,GA30329 		  PC Pediatric medical residency program conducted by Children's in partnership with the Emory University School of Medicine. 8,000,036

Historic Rural Churches of Georgia

1185 Springdale Road NE
Atlanta,GA30306 		  PC Development of the digital Historic Rural Church Archive at Emory University's Pitts Theology Library. 150,000

Holy Innocents' Episcopal School

805 Mt Vernon Highway NW
Atlanta,GA30327 		  PC $32.5 million campaign to construct new Upper School and Lower School buildings. 1,000,000

Moving in the Spirit

PO Box 170230
Atlanta,GA30317 		  PC $1.6 million campaign to equip theater and teaching studios for youth development dance program. 300,000

Pace Academy

966 West Paces Ferry Road NW
Atlanta,GA30327 		  PC $33.1 million campaign to construct a new Lower School. 1,000,000

Robert W Woodruff Arts Center

1280 Peachtree Street NE
Atlanta,GA30309 		  PC Continuation of Family Fun program on the Woodruff Arts Center campus. 1,400,000

Telfair Museum of Art

PO Box 10081
Savannah,GA31412 		  PC Construction of the Telfair Children's Art Museum. 200,000

The Atlanta Opera

1575 Northside Drive NW Suite 350
Atlanta,GA30318 		  PC Purchase of equipment as part of $45 million comprehensive campaign. 1,300,000

The Paideia School

1509 Ponce de Leon Avenue NE
Atlanta,GA30307 		  PC Construction of junior high building as part of $25 million campaign. 1,000,000

Trinity School

4301 Northside Parkway NW
Atlanta,GA30327 		  PC Support of facility improvements as part of $14.5 million campaign. 500,000

Valdosta State University Foundation

1500 N Patterson Street
Valdosta,GA31698 		  PC $18.7 million campaign to construct the Valdosta State University Performing Arts Center. 1,000,000

Wesleyan College

4760 Forsyth Road
Macon,GA31210 		  PC Capital projects as part of $25 million campaign to improve facilities and student programs. 1,750,000

Young Harris College

PO Box 275
Young Harris,GA30582 		  PC Development of work-study program to improve student success and job readiness. 500,000
Total .................................right arrow 3a 29,900,061
bApproved for future payment

Atlanta Botanical Garden
1345 Piedmont Avenue NE
Atlanta,GA30309 		  PC $150 million campaign to expand the Garden by eight acres and construct a new entrance on the Atlanta BeltLine. 40,000,000

Bruton Parish Church
331 W Duke of Gloucester St
Williamsburg,VA23187 		  PC Replacement of HVAC system. 500,000

Children's Healthcare of Atlanta
1575 Northeast Expressway NE
Atlanta,GA30329 		  PC Pediatric medical residency program conducted by Children's in partnership with the Emory University School of Medicine. 8,600,000

Gracepoint School
570 Piedmont Road
Marietta,GA30066 		  PC $6.8 million campaign to acquire and renovate a new building for school serving children with dyslexia. 500,000

Museum of Contemporary Art of Georgia
75 Bennett Street Suite M-1
Atlanta,GA30309 		  PC $14.5 million campaign to establish a permanent facility at the Goat Farm Arts Center. 2,000,000

Trust for Public Land
600 W Peachtree St NW Suite 1840
Atlanta,GA30308 		  PC $11.4 million campaign to restore the Prince Hall Masonic Lodge for the Martin Luther King, Jr. National Historic Park. 2,000,000

Wesleyan School
5405 Spalding Drive
Peachtree Corners,GA30092 		  PC Construction of the Young STEM Building as part of $59.9 million comprehensive campaign. 1,500,000
Total ................................. right arrow 3b 55,100,000
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 550,723  
4 Dividends and interest from securities ....     14 15,077,425  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 42,750  
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 14,839,984  
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 30,510,882 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
30,510,882
(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:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT FEES 5,115 409   4,706

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
AV EQUIPMENT 2011-07-01 733 733 SL 5.000000000000 0 0    
FURNITURE & EQUIPMENT 2011-07-01 11,559 11,559 SL 7.000000000000 0 0    
LEASEHOLD IMPROVEMENTS 2011-07-01 5,599 4,236 SL 15.000000000000 373 0    

TY 2023 InvestmentsCorpStockSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Name of Stock End of Year Book Value End of Year Fair Market Value
ACADIA HEALTHCARE 72,957 149,066
ADOBE INC 171,453 218,356
ADVANCED MICRO DEVICES INC 75,222 128,984
AFFIRM HOLDINGS INC CL A 23,416 55,921
AGREE REALTY CORP REIT 142,292 131,628
ALLIENT INC 13 15
ALPHABET INC CL A 306,549 1,021,832
AMAZON.COM INC 266,340 1,047,778
AMPHENOL CORP 218,862 276,969
APPLE INC 304,769 967,271
APTARGROUP INC 67,651 96,547
ARTISAN INTL VALUE FUND-INS 2,377,696 2,609,404
ASML HOLDING NV SPONS ADR 124,844 224,805
ATKORE INC 157,735 208,640
ATLANTIC UNION BANKSHARES CORP 152,693 142,104
ATLASSIAN CORPORATION CL A 223,202 270,923
AURORA INNOVATION INC CL A 21,515 34,720
AZENTA INC 181,616 191,316
BECTON DICKINSON & CO 176,215 187,505
BIO RAD LABORATORIES CL A 154,104 150,144
BJ'S WHOLESALE CLUB HOLDINGS 100,732 255,308
BOOKING HOLDINGS INC 137,760 251,853
BOOZ ALLEN HAMILTON HOLDING CL A 90,913 249,680
BRIGHT HORIZONS FAMILY SOLUTIONS 185,704 164,166
BURLINGTON STORES INC 111,039 155,390
CADENCE DESIGN SYSTEMS INC 143,375 194,200
CARTERS INC 78,202 73,317
CATALENT INC 86,907 82,581
CAVCO INDUSTRIES INC 106,868 248,527
CCC INTELLIGENT SOLUTIONS HLD 180,077 175,155
CHAMPIONX CORP 57,718 77,728
CHARLES SCHWAB CORP 56,997 62,608
CHART INDUSTRIES INC 106,900 87,524
CHIPOTLE MEXICAN GRILL INC 81,068 148,652
COCA COLA CO 639,714 428,584,808
COGNEX CORP 249,278 203,775
COLUMBUS MCKINNON CORP NY 149,615 118,543
COMFORT SYSTEMS USA INC 103,863 261,612
COUPANG INC CL A 132,179 90,502
CYBERARK SOFTWARE LTD/ISRAEL 195,606 289,584
DANAHER CORP 48,711 52,514
DODGE & COX INCOME FUND 2,077,458 2,080,862
DOLLAR GENERAL CORP 84,464 98,020
DORMAN PRODUCTS 110,507 129,953
DYNATRACE INC 105,834 133,170
EAGLE MATERIALS INC 113,246 248,885
EASTERLY GOVERNMENT PROPERTIES REIT 153,118 117,990
EASTGROUP PPTYS INC REIT 142,201 159,680
ELEMENT SOLUTIONS INC 175,015 212,633
ENTEGRIS INC 95,927 236,764
EXPONENT INC 80,630 146,499
FAIR ISAAC CORP 91,189 121,057
FED HERMES GOVT OBLIG-PREMIER #117 2,243,430 2,243,430
FEDERAL SIGNAL CORP 83,226 211,188
FISERV INC 375,020 484,202
FIVE BELOW 77,408 205,486
GATES INDUSTRIAL CORP PLC 168,673 152,612
GAZPROM PJSC-SPON ADR 1,734 418
GENTHERM INC 132,297 92,468
GIBRALTAR INDUSTRIES INC 94,200 170,123
GLACIER BANCORP INC 99,622 112,225
GLOBAL PAYMENTS INC 253,913 201,803
GLOBANT SA 253,425 252,259
GLOBUS MEDICAL INC 171,602 175,164
GRAND CANYON EDUCATION INC 99,146 112,234
HALOZYME THERAPEUTICS INC 160,915 129,914
HEXCEL CORP 138,181 173,313
HOLOGIC INC 152,715 152,331
HOWMET AEROSPACE INC 60,899 65,756
HUMANA INC 89,955 106,670
IDACORP INC 136,049 148,168
IDEX CORP 199,589 199,958
INGERSOLL-RAND INC 97,667 227,612
INTEGER HOLDINGS CORPORATION 155,029 201,826
INTRA-CELLULAR THERAPIES INC 159,919 208,701
INTUIT INC 275,734 635,030
INTUITIVE SURGICAL INC 152,806 371,096
ITT INC 144,450 191,628
JAZZ PHARMACEUTICALS PLC 190,178 164,205
KINSALE CAPITAL GROUP INC 97,136 236,112
KRISPY KREME INC 55,029 58,232
LANCASTER COLONY CORP 147,277 150,417
LEGEND BIOTECH CORP SPONS ADR 82,182 76,536
LIGAND PHARMACEUTICALS INC CONTRA 22 2
LIGAND PHARMACEUTICALS INC CONTRA 22 2
LILLY ELI & CO 205,582 345,089
LINCOLN ELEC HLDGS INC 138,599 214,633
LITHIA MOTORS INC-CLASS A 82,413 231,813
LUKOIL PJSC SPONS ADR 3,873 67
MACOM TECHNOLOGY SOLUTIONS HLDGS INC 92,850 153,089
MAGIC LEAP INC- CL A COM PPE 14,976 130
MAGNOLIA OIL & GAS CORP CL A 128,801 114,689
MANHATTAN ASSOCS INC 169,440 238,790
MARKETAXESS HOLDINGS INC 93,977 116,554
MASTERCARD INC CL A 416,182 508,826
MATADOR RESOURCES CO 144,347 136,976
META PLATFORMS INC CL A 379,665 694,470
MICROSOFT CORP 324,107 1,735,049
MMC NORILSK NICKEL PJSC SPONS ADR 1,625 0
MOBILE TELESYSTEMS PJSC SPONS ADR 1,621 0
MOLINA HEALTHCARE INC 32,171 83,824
MONGODB INC CL A 33,473 50,289
NATIONAL STORAGE AFFILIATES REIT 128,031 105,458
NETFLIX INC 142,922 204,490
NEUBERGER BERMAN HIGH INCM BD-INS 1,753,405 1,587,783
NEUROCRINE BIOSCIENCES INC 141,226 212,792
NORDSON CORP 111,890 247,518
NURO INC CONV PFD SER C 17,167 5,378
NVIDIA CORP 380,620 811,666
OVINTIV INC 126,327 107,955
PAYLOCITY HOLDING CORP 135,427 132,045
PAYLOCITY HOLDING CORP 224,509 179,522
PELOTON INTERACTIVE INC-A 156,563 45,322
PENUMBRA INC 64,626 60,118
PERFORMANCE FOOD GROUP CO 154,738 232,413
PHYSICIANS REALTY TRUST REIT 91,189 73,684
PINNACLE FINANCIAL PARTNERS INC 154,884 231,918
PIPER SANDLER COS 99,848 218,238
POLARIS INC 155,349 133,152
PORTLAND GENERAL ELECTRIC CO 152,389 142,849
PROCORE TECHNOLOGIES INC 152,632 165,505
QUAKER CHEMICAL CORP 160,000 221,530
RAPID7 INC 42,340 109,518
RAPPI INC SER E CVT PFD PP 14,757 5,612
RBC BEARINGS INC 146,952 290,588
RIVIAN AUTOMOTIVE INC CL A 144,828 84,996
ROSS STORES INC 180,940 252,285
RPM INTERNATIONAL INC 90,554 196,469
SALESFORCE INC 150,661 236,826
SCHLUMBERGER LTD 143,574 130,724
SCHNEIDER NATIONAL INC CL B 118,213 121,371
SERVICENOW INC 251,365 397,754
SILA NANOTECHN-CONV PFD SER F PP 10,483 5,151
SILICON LABORATORIES INC 86,292 140,338
SM ENERGY COMPANY 91,048 77,556
SNAP INC CL A 49,108 82,517
SPOTIFY TECHNOLOGY SA 119,708 125,336
STIFEL FINANCIAL CORPORATION 121,154 142,449
STRIPE INC-CL B 4,864 6,925
STRYKER CORPORATION 206,524 336,294
SUN COMMUNITIES INC REIT 120,775 170,537
SURGUTNEFTEGAZ PJSC SPONS PFD ADR 1,272 0
TANDEM DIABETES CARE INC 118,045 129,058
TATNEFT PAO SPONS ADR 760 0
TEXAS ROADHOUSE INC CL A 134,140 257,172
THE CIGNA GROUP 306,185 445,282
T-MOBILE US INC 283,147 321,301
TORO CO 107,060 163,567
TRADEWEB MARKETS INC CL A 78,983 101,331
UNITEDHEALTH GROUP INC 430,416 648,611
VAIL RESORTS INC 100,233 103,106
VANGUARD INST INDEX-INST 3,603,526 4,093,867
VANGUARD INTL GROWTH-ADM 1,033,430 808,518
VANGUARD S&P 500 ETF 28,488,701 32,755,632
VANGUARD S/C VAL INDX-ADM 3,092,413 4,225,651
VANGUARD SMALL CAP GROWTH ETF 3,621,218 3,872,188
VANGUARD TOTAL BOND MARKET 2,245,068 2,171,858
VANGUARD VALUE ETF 6,440,000 8,070,907
VERICEL CORP 96,609 92,586
VERTEX PHARMACEUTICALS INC 54,186 83,412
VISA INC CL A 206,233 416,300
VOYA FINANCIAL INC 199,933 251,566
WAYMO LLC CONV PFD SER A2 UNITS PP 9,789 6,504
WINTRUST FINANCIAL CORP 137,062 170,475
ZEBRA TECHNOLOGIES CORP 97,792 147,324

TY 2023 LandEtcSchedule2
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
AV EQUIPMENT 733 733 0  
FURNITURE & EQUIPMENT 11,559 11,559 0  
LEASEHOLD IMPROVEMENTS 5,599 4,609 990  


TY 2023 OtherAssetsSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
457(b) PLAN 36,232 41,699 71,612
BENEFIT PLANS 1,954 2,331 2,331


TY 2023 OtherExpensesSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMPUTER 5,612 449   5,163
OFFICE INSURANCE 2,244 180   2,064
SUPPLIES 249 20   229
ORGANIZATION DUES 2,755 105   2,650
POSTAGE 116 9   107
REPAIRS & MAINTENANCE 698 56   642
FURNITURE & EQUIPMENT 385 31   354
TELEPHONE 419 34   385
MISCELLANEOUS 374 31   343
COMMISSION 2,250 2,250   0


TY 2023 OtherIncreasesSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Description Amount
Gain on stock grant 15,978,775


TY 2023 OtherLiabilitiesSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Description Beginning of Year - Book Value End of Year - Book Value
457(b) PLAN 104 104
BENEFIT PLANS 20 63


TY 2023 OtherProfessionalFeesSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 135,893 135,893   0
BENEFIT CONSULTANTS 1,971 158   1,813
OTHER CONSULTANTS 3,000 3,000   0


TY 2023 ReductionExplanationStatement
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Explanation:
As of December 31, 2023, the Foundation owned 7,272,778 shares of The Coca-Cola Company common stock. These represent approximately 0.17% of the total 4.3 billion shares outstanding. The fair value computed on the per-share price is not necessarily what the Foundation would receive if a significant portion of the stock were sold because of the Foundation's large holding of the stock. The Foundation engaged an independent valuation consultant who calculated a blockage discount factor of 1.89%. The average monthly fair value of the shares based on the per-share price was $442,065,980 and the blockage discount was $8,355,047.$442,065,980 @ 1.89% = $8,355,047

TY 2023 TaxesSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 429,232 0   0