TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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 07-01-2023 , and ending 06-30-2024

Name of foundation
MARGARET & MARTHA THOMAS FOUNDATION

% MICHAEL E WILLET

Number and street (or P.O. box number if mail is not delivered to street address)2205 NORTH 6TH STREET STE 10A
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BEATRICE, NE683100218

A Employer identification number

20-3652030

B Telephone number (see instructions)

(402) 228-3424

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$7,310,790J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	164,246		164,246	164,246
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-228,359
b	Gross sales price for all assets on line 6a 8,402,580
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........				9,267
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........	-64,113		164,246	173,513
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	13,259	13,259	13,259
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	77,146	77,146	77,146
17	Interest...............
18	Taxes (attach schedule) (see instructions)...
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	90,405		90,405	90,405	0
25	Contributions, gifts, grants paid.......	285,810				285,810
26	Total expenses and disbursements. Add lines 24 and 25	376,215		90,405	90,405	285,810
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-440,328
b	Net investment income (if negative, enter -0-)			73,841
c	Adjusted net income (if negative, enter -0-)...				83,108

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2023)

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	169,585	91,173	91,173
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	6,523,867	List of Attached Documents: // Content 6,168,236	7,219,617
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	6,693,452	6,259,409	7,310,790
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	6,693,452	6,259,409
	29	Total net assets or fund balances (see instructions).....	6,693,452	6,259,409
	30	Total liabilities and net assets/fund balances (see instructions).	6,693,452	6,259,409

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

6,693,452

Enter amount from Part I, line 27a .....................

-440,328

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

6,285

Add lines 1, 2, and 3 ..........................

6,259,409

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

6,259,409

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	1148 SH CONS STAPLES	P	2023-03-03	2023-07-27
b	1067 SH CONS STAPLES	P	2023-03-31	2023-07-27
c	219 SH HEALTH CARE SELECT	P	2022-08-01	2023-07-27
d	518 SH VANGUARD INTER	P	2023-03-31	2023-07-27
e	371 SH COMM SERV SELECT	P	2022-05-09	2023-07-27
	494 SH HEALTH CARE SELECT	P	2022-02-23	2023-07-27
	251 SH HEALTH CAEW SELECT	P	2022-04-11	2023-07-27
	63 SH HEALTH CARE SELECT	P	2022-04-11	2023-07-27
	461 SH VANGUARD EUR ETF	P	2022-02-23	2023-07-27
	334 SH VANGUARD INTER TERM	P	2022-06-21	2023-07-27
	942 SH ISHARES 20YR TREAS	P	2023-03-03	2023-08-17
	374 ISHARES 20YR TREAS ETF		2023-06-09	2023-08-17
	86 SH ISHARES 20 YR TREAS	P	2023-08-02	2023-08-17
	1273 SH R/E SELECT SPDR	P	2023-01-19	2023-10-06
	1471 SH R/E SELECT SPDR	P	2023-07-27	2023-10-06
	131 SH VANGD LONG TERM	P	2023-06-09	2023-10-06
	69 SH VANGD SHT TERM	P	2022-12-15	2023-10-06
	800 SH FIN SELECT SPDR	P	2022-02-23	2023-10-06
	574 SH FIN SELECT SPDR	P	2022-04-13	2023-10-06
	2312 SH FIN SELECT SPDR	P	2022-08-17	2023-10-06
	1819 SH FIN SELECT SPDR	P	2022-08-17	2023-10-06
	1106 SH FIN SELECT SPDR	P	2022-09-27	2023-10-06
	359 ISHARES CORE MIDCAP ETF	P	2022-02-23	2023-10-06
	22 ISHARES CORE MIDCAP ETF	P	2022-02-23	2023-10-06
	267 ISHARES US TREAS BND	P	2022-02-23	2023-10-06
	204 SH R/E SELECT SPDR	P	2022-09-27	2023-10-06
	111 SH VANGD EUROPE ETF	P	2022-02-23	2023-10-06
	697 SH VANGD EUROPE ETF	P	2022-02-23	2023-10-06
	632 SH VANGD LONG TERM ETF	P	2022-02-23	2023-10-06
	1942 SH VANGD LONG TERM ETF	P	2022-04-11	2023-10-06
	269 SH INDUS SPDR ETF	P	2023-03-03	2023-10-06
	460 SH INVESCO SP 500 ETF	P	2023-06-09	2023-10-06
	542 SH INVESCO SP 500 ETF	P	2023-07-27	2023-10-06
	1521 SH COMM SERV SPDR ETF	P	2022-12-15	2023-10-30
	142 SH COMM SERV SPDR ETF	P	2023-01-19	2023-10-30
	2159 SH COMM SERV SPDR ETF	P	2023-03-31	2023-10-30
	903 SH COMM SERV SPDR ETF	P	2023-10-06	2023-10-30
	170 SH CONSUMER SELECT ETF	P	2023-03-31	2023-10-30
	422 SH CONSUMER SELECT ETF	P	2023-06-09	2023-10-30
	411 SH CONSUMER SELECT ETF	P	2023-07-27	2023-10-30
	69 SH CONSUMER SELECT ETF	P	2023-10-06	2023-10-30
	152 SH ENERGY SELECT ETF	P	2023-03-03	2023-10-30
	112 SH ENERGY SELECT ETF	P	2023-06-09	2023-10-30
	1005 SH ENERGY SELECT ETF	P	2023-10-06	2023-10-30
	145 SH HEALTH CARE SELECT ETF	P	2023-03-31	2023-10-30
	767 SH HEALTH CARE SELECT ETF	P	2023-10-06	2023-10-30
	1247 SH INDUS SELECT ETF	P	2023-03-03	2023-10-30
	189 SH INDUS SELECT ETF	P	2023-03-31	2023-10-30
	848 SH INDUS SELECT ETF	P	2023-06-09	2023-10-30
	947 SH INDUS SELECT ETF	P	2023-07-27	2023-10-30
	77 SH INVESCO SP 500 ETF	P	2023-10-30	2023-11-10
	850 SH INVESCO SP 500 ETF	P	2023-10-30	2023-11-10
	3555 ISHARES EMERG MKT WTF	P	2022-12-15	2023-10-30
	960 ISHARES CORE SP ETF	P	2023-03-31	2023-10-30
	227 ISHARES CORE SP ETF	P	2023-06-09	2023-10-30
	93 ISHARES CORE SP ETF	P	2023-07-27	2023-10-30
	1154 ISHARES JP MORG EMG ,KT	P	2023-01-19	2023-10-30
	449 ISHARES JP MORG EMG MKT	P	2023-03-31	2023-10-30
	6570 ISHARES US TREAS ETF	P	2023-08-17	2023-10-30
	824 SH JP MORG BETA JAPAN	P	2022-10-10	2023-10-30
	583 SH JP MORG BETA JAPAN	P	2022-12-15	2023-10-30
	513 SH JP MORG BETA JAPAN	P	2023-06-09	2023-10-30
	1486 SH JP MORG BETA JAPAN	P	2023-06-15	2023-10-30
	1113 SH JP MORG BETA JAPAN	P	2023-10-06	2023-10-30
	638 SCHWAB US TIPS ETF	P	2023-03-31	2023-10-30
	688 SCHWAB US TIPS ETF	P	2023-10-06	2023-10-30
	568 SH TECH SELECT SPDR ETF	P	2023-01-19	2023-10-30
	1322 SH TECH SELECT SPDR ETF	P	2023-06-09	2023-10-30
	63 SH TECH SELECT SPDR ETF	P	2023-07-27	2023-10-30
	123 SH TECH SELECT ETF	P	2023-10-06	2023-10-30
	273 SH UTILITIES SELECT ETF	P	2022-12-15	2023-10-30
	672 SH UTILITIES SELECT ETF	P	2023-03-31	2023-10-30
	2744 SH UTILITIES SELECT ETF	P	2023-10-06	2023-10-30
	2586 VANGD EUROPE ETF	P	2023-01-19	2023-10-30
	717 SH JP MORG ASIA PAC	P	2023-07-27	2023-10-30
	954 SH VANGD CORP BD INTER ETF	P	2023-03-31	2023-10-30
	2960 SH VANGD CORP BD INTER	P	2023-10-06	2023-10-30
	2509 SH VANGD CORP BD LONG	P	2023-06-09	2023-10-30
	300 SH VANGD CORP BS LONG	P	2023-08-02	2023-10-30
	3177 SH VANGD CORP SHORT	P	2022-12-15	2023-10-30
	272 SH COMM SERVSPDR ETF	P	2022-05-09	2023-10-30
	368 SH COMM SERVSPDR ETF	P	2023-03-31	2023-10-30
	30 SH COMM SERVSPDR ETF	P	2023-03-31	2023-10-30
	275 SH CONSUM DISCSPDRETF	P	2022-08-01	2023-10-30
	152 SH CONSUM DISC SPDR ETF	P	2022-08-17	2023-10-30
	70 SH CONSUM DISC SPDR ETF	P	2023-03-31	2023-10-30
	14 SH ENERGY SELECT ETF	P	2022-04-11	2023-10-30
	806 SH ENERGY SELECT ETF	P	2022-06-21	2023-10-30
	161 SH ENERGY SELECT ETF	P	2022-09-27	2023-10-30
	2544 SH FINSELECT SPDR ETF	P	2022-09-27	2023-10-30
	550 SH HEALTH CARE SPDR ETF	P	2022-08-01	2023-10-30
	464 SH HEALTH CARE SPDR ETF	P	2022-09-27	2023-10-30
	2494 ISHARES CORE EMG MKT	P	2022-02-23	2023-10-30
	2038 ISHARES CORE EMG MKT	P	2022-08-17	2023-10-30
	968 ISHARES CORE SP SM CAP	P	2023-03-03	2023-10-30
	1288 ISHARES CORE SP MID CAP	P	2022-02-23	2023-10-30
	1147 ISHARES JP MORGEMG MKTS	P	2022-02-23	2023-10-30
	542 ISHARES US TREAS BDETF	P	2022-02-23	2023-10-30
	2897 ISHARES US TREAS BDETF	P	2022-03-07	2023-10-30
	2568 ISHARES US TREASMBDETF	P	2022-04-11	2023-10-30
	989 ISHARES US TREAS BDETF	P	2022-06-21	2023-10-30
	2847 ISHARES US TREAS BDETF	P	2022-09-27	2023-10-30
	873 SH JP MORG JAPAN-EX ETF	P	2022-03-07	2023-10-30
	827 SH JP MORG JAPAN EX ETF	P	2022-06-21	2023-10-30
	945 SH JP MORG BETA JAPAN	P	2022-02-23	2023-10-30
	2007 SH JP MORG BETA JAPAN	P	2022-08-17	2023-10-30
	1786 SH JP MORG BETA CANADA	P	2022-02-23	2023-10-30
	129 SH TECH SELECT ETF	P	2022-05-09	2023-10-30
	15 SH TECH SELECT ETF	P	2022-05-09	2023-10-30
	1175 SH TECH SELECT ETF	P	2022-08-01	2023-10-30
	69 SH TECH SELECT ETF	P	2022-08-17	2023-10-30
	358 SH TECH SELECT ETF	P	2022-09-27	2023-10-30
	214 SH TECH SELECT ETF	P	2023-01-19	2023-10-30
	5470 SH VANGRD EUROPE ETF	P	2022-02-23	2023-10-30
	558 SH VANGRD EUROPE ETF	P	2022-12-15	2023-10-30
	114 SH VANGRD LONG TERM ETF	P	2023-06-09	2023-10-30
	383 SH INVESCO SP 500	P	2023-10-30	2023-12-18
	542 SH INVESCO SP 500	P	2023-12-18	2023-12-18
	6 SH INVESCO SP 500	P	2023-12-12	2023-12-18
	74 ISHARES 20TREAS ETF	P	2023-10-30	2023-12-28
	134 SH VANGRD MID CAP ETF	P	2023-10-30	2023-12-28
	92 SH VANGRD RUSS 1000 ETF	P	2023-10-30	2023-12-28
	98 SH VANGRD RUSS 2000 ETF	P	2023-10-30	2023-12-28
	2182 SH VANGRD INTER TREAS ETF	P	2023-10-30	2024-02-23
	86 SH VANGRD INTER TREAS ETF	P	2023-12-12	2024-02-23
	109 SH VANGRD INTER TREAS ETF	P	2023-12-28	2024-02-23
	78 ISHRES CORE EMG MKT ETF	P	2023-12-28	2024-03-22
	982 SH VANGRD RUSS 1000 GR ETF	P	2023-10-30	2024-03-11
	877 SH VANGRD RUSS 1000 GR ETF	P	2023-10-30	2024-03-22
	714 SH VANGRD RUSS 1000 VAL ETF	P	2023-10-30	2024-03-11
	1093 SH VANGRD RUSS 1000 VAL ETF	P	2023-10-30	2024-03-22
	231 ISHARES CORE EMG MKT ETF	P	2022-12-15	2024-03-22
	641 ISHARES CORE EMG MKT ETF	P	2023-03-03	2024-03-22
	480 ISHARES CORE EMGMKT ETF	P	2023-03-03	2024-03-22
	418 ISHARES BROAD CORP BD ETF	P	2023-10-30	2024-05-06
	225 ISHARES CORE MSCI ETF	P	2023-10-30	2024-05-06
	244 ISHARES CORE MSCI ETF	P	2023-10-30	2024-05-28
	45 ISHARE TECH SELECT ETF	P	2024-03-22	2024-05-28
	67 SH VANGRD MID CAP ETF	P	2023-10-30	2024-05-06
	41 SH VANGRD MID CAP ETF	P	2023-10-30	2024-05-28
	154 SH VANGRD RUSS 1000 GR ETF	P	2023-10-30	2024-05-06
	655 SH VANGRD RUSS 1000 GR ETF	P	2023-10-30	2024-05-28
	153 SH VANGRD RUSS 1000 VAL ETF	P	2023-10-30	2024-05-06
	201 SH VANGRD RUSS 1000 VAL ETF	P	2023-10-30	2024-05-28
	161 SH VANGRD RUSS 2000 ETF	P	2023-10-30	2024-05-06
	299 ISHARES BROAD HI YLD BOND ETF	P	2022-08-01	2024-05-28
	594 SH SCHWABUS TIPS ETF	P	2023-10-06	2024-06-21
	50 SH SCHWAB US TIPS ETF	P	2023-12-12	2024-06-21
	66 SH SCHWAB US TIPS ETF	P	2023-12-28	2024-06-21
	76 SH SCHWAB US TIPS ETF	P	2024-04-09	2024-06-21
	618 SH SCHWAB US TIPS ETF	P	2023-10-06	2024-06-21
	1666 SH VANGUARD RUSS 2000 ETF	P	2023-10-30	2024-06-21
	ROUNDING LOSS/GAINS		2023-06-30	2023-06-30

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	86,824	83,100	3,724
b	80,697	79,470	1,227
c	29,671	28,947	724
d	40,758	41,476	-718
e	25,309	21,571	3,738
	66,929	63,005	3,924
	34,006	35,692	-1,488
	8,535	8,859	-324
	29,246	29,388	-142
	26,280	26,389	-109
	87,822	95,643	-7,821
	34,868	38,196	-3,328
	8,018	8,355	-337
	42,594	49,494	-6,900
	49,219	56,513	-7,294
	9,107	10,077	-970
	5,158	5,230	-72
	26,463	31,116	-4,653
	18,987	26,914	-5,119
	76,477	107,980	-18,695
	60,169	64,801	-4,632
	36,585	33,433	3,152
	87,832	92,679	-4,847
	5,406	5,680	-274
	5,824	6,825	-1,001
	6,826	7,382	-556
	6,407	7,076	-669
	40,126	44,433	-4,307
	43,936	60,173	-16,237
	135,007	170,799	-35,792
	27,030	27,831	-801
	64,275	66,741
	75,733	84,095
	98,043	72,873	25,170
	9,153	7,305	1,848
	139,168	124,358	14,810
	58,207	60,321	-2,114
	25,675	25,307	368
	63,734	68,023	-4,289
	62,073	71,106	-9,033
	10,421	11,043	-622
	12,882	13,276	-394
	9,492	9,118	374
	85,173	86,700	-1,527
	17,951	18,724	-773
	94,954	99,564	-4,610
	121,818	129,014	-7,196
	18,463	19,030	-567
	82,840	86,555	-3,715
	92,512	104,145	-11,633
	10,825	11,192	46
	119,492	114,436	5,056
	163,852	165,844	-1,992
	224,485	238,896	-14,411
	53,081	57,505	-4,424
	21,747	25,275	-3,528
	93,393	102,117	-8,724
	36,337	38,708	-2,371
	142,831	146,577	-3,746
	39,774	36,716	3,058
	28,141	26,567	1,574
	24,762	26,486	-1,724
	71,729	78,431	-6,702
	53,724	55,004	-1,280
	31,957	34,190
	34,462	34,214	248
	92,419	72,647	19,772
	215,101	219,333	-4,232
	10,251	11,224	-973
	20,013	20,639	-626
	16,145	19,575	-3,430
	39,742	45,205	-5,463
	162,279	155,062	7,217
	144,272	154,643	-10,371
	31,304	35,552	-4,248
	71,006	76,386	-5,380
	220,311	221,259	-948
	171,589	192,992	-21,403
	20,517	22,682	-2,165
	237,797	240,795	-2,998
	17,533	15,815	1,718
	23,721	29,676	-1,715
	1,934	1,938	101
	41,533	45,306	-3,773
	22,956	26,043	-3,087
	10,572	13,054	-1,165
	1,186	1,080	106
	68,308	61,575	6,733
	13,645	11,189	2,456
	81,306	76,901	4,405
	68,089	72,699	-4,610
	57,443	56,163	1,280
	114,950	145,699	-30,749
	93,932	101,963	-8,031
	85,367	117,371	-23,698
	301,185	332,510	-31,325
	92,826	115,784	-22,958
	11,783	13,854	-2,071
	62,980	74,727	-11,747
	55,828	71,197	-11,016
	21,501	23,224	-1,723
	54,067	56,210	-2,143
	38,115	45,562	-7,447
	36,107	39,162	-3,055
	45,615	48,970	-3,355
	96,877	95,303	1,574
	98,354	117,251	-18,897
	20,989	17,697	3,405
	2,441	2,032	409
	191,183	169,140	22,043
	11,227	10,340	887
	58,250	43,804	14,446
	34,820	33,326	4,472
	305,168	348,707	-43,539
	31,131	41,427	-5,287
	7,796	12,616	-2,896
	59,740	55,670	6,123
	84,540	89,694	3,208
	936	913	23
	7,368	6,203	1,165
	31,325	26,318	5,007
	7,216	6,191	1,025
	8,067	6,471	1,596
	127,211	123,414	3,797
	5,014	5,014
	6,355	6,472	-117
	3,999	3,941	58
	82,949	66,079	16,870
	76,632	59,013	17,619
	54,328	45,482	8,846
	84,587	69,624	14,963
	11,843	10,776	1,067
	32,864	43,819	-4,713
	24,609	23,465	1,144
	20,871	19,671	1,200
	16,612	13,914	2,698
	18,371	15,089	3,282
	9,718	9,471	247
	16,283	13,159	3,124
	10,028	8,052	1,976
	13,204	10,363	2,841
	58,525	44,075	14,450
	11,711	9,746	1,965
	15,473	12,804	2,669
	13,315	10,631	2,684
	10,816	10,946	-130
	30,971	29,540	1,431
	2,607	2,560	47
	3,441	3,448	-7
	3,962	3,942	20
	33,265	36,194	-696
	135,042	110,006	25,036
	43		43

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			3,724
b			1,227
c			724
d			-718
e			3,738
			3,924
			-1,488
			-324
			-142
			-109
			-7,821
			-3,328
			-337
			-6,900
			-7,294
			-970
			-72
			-4,653
			-5,119
			-18,695
			-4,632
			3,152
			-4,847
			-274
			-1,001
			-556
			-669
			-4,307
			-16,237
			-35,792
			-801


			25,170
			1,848
			14,810
			-2,114
			368
			-4,289
			-9,033
			-622
			-394
			374
			-1,527
			-773
			-4,610
			-7,196
			-567
			-3,715
			-11,633
			46
			5,056
			-1,992
			-14,411
			-4,424
			-3,528
			-8,724
			-2,371
			-3,746
			3,058
			1,574
			-1,724
			-6,702
			-1,280

			248
			19,772
			-4,232
			-973
			-626
			-3,430
			-5,463
			7,217
			-10,371
			-4,248
			-5,380
			-948
			-21,403
			-2,165
			-2,998
			1,718
			-1,715
			101
			-3,773
			-3,087
			-1,165
			106
			6,733
			2,456
			4,405
			-4,610
			1,280
			-30,749
			-8,031
			-23,698
			-31,325
			-22,958
			-2,071
			-11,747
			-11,016
			-1,723
			-2,143
			-7,447
			-3,055
			-3,355
			1,574
			-18,897
			3,405
			409
			22,043
			887
			14,446
			4,472
			-43,539
			-5,287
			-2,896
			6,123
			3,208
			23
			1,165
			5,007
			1,025
			1,596
			3,797

			-117
			58
			16,870
			17,619
			8,846
			14,963
			1,067
			-4,713
			1,144
			1,200
			2,698
			3,282
			247
			3,124
			1,976
			2,841
			14,450
			1,965
			2,669
			2,684
			-130
			1,431
			47
			-7
			20
			-696
			25,036
			43

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-228,359
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 ...................		3	9,310

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	1,026
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	1,026
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	1,026
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	51
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	1,077
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax	Refunded	11

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

MICHAEL E WILLET Telephone no. right arrow

(402) 228-3424

Located at right arrow

2205 NORTH 6TH ST SUITE 10ABEATRICENE ZIP+4 right arrow

68310

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

Yes

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
DEAN MARPLES	PRESIDENT 001.00	0
8678 E PLUM ROAD WYMORE,NE68466	PRESIDENT 001.00	0
MICHAEL E WILLET	SEC/TREAS 001.00	0
PO BOX 218 BEATRICE,NE68310	SEC/TREAS 001.00	0
LARRY ANDERSON	V.PRESIDENT 001.00	0
401 S 18TH STREET WYMORE,NE68466	V.PRESIDENT 001.00	0

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...................

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 arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	N/A	0
2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

6,884,753

Average of monthly cash balances.......................

117,185

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

7,001,938

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

7,001,938

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

105,029

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

6,896,909

Minimum investment return. Enter 5% (0.05) of line 5................

344,845

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.)

Minimum investment return from Part IX, line 6..................

344,845

Tax on investment income for 2022 from Part V, line 5.......

1,026

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

1,026

Distributable amount before adjustments. Subtract line 2c from line 1............

343,819

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

343,819

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

343,819

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 Click to see attachment

List of Attached Documents:

// Content

..........

285,810

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

285,810

Form 990-PF (2023)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2023
1 Distributable amount for 2023 from Part X, line 7			343,819
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......
b Total for prior years:20 , 20, 20
3 Excess distributions carryover, if any, to 2022:
a From 2018......
b From 2019......
c From 2020......
d From 2021......
e From 2022......	52,968
f Total of lines 3a through e ........		52,968
4Qualifying distributions for 2023 from Part
XI, line 4: $ 285,810
a Applied to 2022, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2023 distributable amount.....			285,810
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2023.		52,968	52,968
(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
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........			5,041
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......
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)

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2023)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ODELL PUBLIC LIBRARY LOCAL ODELL,NE68415	NONE	PC	PROVIDE A MEDIA ROOM	20,000
CITY OF WYMORE NEBRASKA 115 WEST E ST WYMORE,NE68466	NONE	GOV	CITY PARK BATHROOM	35,000
BARNESTON RURAL FIRE DISTRICT LOCAL BARNESTON,NE68309	NONE	GOV	HELICOPTER PAD	5,000
CITY OF BEATRICE NEBRASKA 400 ELLA ST BEATRICE,NE68310	NONE	GOV	PARK PICKLEBALL EQUIP	5,535
HEARTLAND CANCER FOUNDATION PO BOX 5203 LINCOLN,NE68505	NONE	POF	AID 21 PATIENTS	12,000
VILLAGE OF PICKRELL NEBRASKA LOCAL PICKRELL,NE68422	NONE	GOV	RENOVATE FIRE HALL	44,400
WYMORE NEBRASKA CEMETERY LOCAL WYMORE,NE68466	NONE	NC	CEMETERY DIRECTORY	10,700
NEBRASKA PUBLIC MEDIA FOUNDATION 1800 N 33RD ST LINCOLN,NE68503	NONE	POF	PRODUCTION OF NEBR. STORIES	40,000
BEATRICE NEBRASKA PUBLIC SCHOOLS 500 N 6TH ST BEATRICE,NE68310	NONE	GOV	FFA ED SIGN	2,000
BEATRICE NEBRASKA PUBLIC SCHOOLS 500 N 6TH ST BEATRICE,NE68310	NONE	GOV	SCREENS FOR HEVELONE CENTER	23,675
BARNESTON NE COMMUNITY CENTER FOUNDATIO LOCAL BARNESTON,NE68309	NONE	POF	IMPROVEMENTS	50,000
SOUTHEAST COMMUNITY COLLEGE FOUNDATION 301 S 68TH ST LINCOLN,NE68510	NONE	POF	SCHOLARSHIPS	37,500
Total ................................. 3a				285,810

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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 ....		164,246
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 ............		-228,359
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) ..		-64,113

13Total. Add line 12, columns (b), (d), and (e)..................

-64,113

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:	23017659
Software Version:	23.1.0.0

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

MARGARET & MARTHA THOMAS FOUNDATION

EIN:

20-3652030

Software ID:

23017659

Software Version:

23.1.0.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

MARGARET & MARTHA THOMAS FOUNDATION

EIN:

20-3652030

Software ID:

23017659

Software Version:

23.1.0.0

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
EQUITIES	AT COST	4,153,223	5,107,092
FIXED INCOME	AT COST	2,015,013	2,112,525

- TIN:

TY 2023 LegalFeesSchedule

Name:

MARGARET & MARTHA THOMAS FOUNDATION

EIN:

20-3652030

Software ID:

23017659

Software Version:

23.1.0.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
WILLET CAROTHERS	13,259	13,259	13,259

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

MARGARET & MARTHA THOMAS FOUNDATION

EIN:

20-3652030

Software ID:

23017659

Software Version:

23.1.0.0

Description	Amount
IRS TAX REFUND	6,285

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

MARGARET & MARTHA THOMAS FOUNDATION

EIN:

20-3652030

Software ID:

23017659

Software Version:

23.1.0.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FINANCIAL MANAGEMENT	77,146	77,146	77,146