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 06-01-2023 , and ending 05-31-2024
Name of foundation
ETHEL S C SMITH NO 5 CHARITABLE TW
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

23-6648857
B Telephone number (see instructions)

(888) 730-4933
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$15,152,770J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 307,520 301,866  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 74,071
b Gross sales price for all assets on line 6a 477,372
7 Capital gain net income (from Part IV, line 2)... 74,071
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
-6,928 -6,928  
12 Total. Add lines 1 through 11........ 374,663 369,009  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 118,942 89,206   29,735
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
50,337 0 0 50,337
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,750 0 0 1,750
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
35,673     35,673
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
4,024 4,024   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,263 1,263   4,000
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 215,989 94,493 0 121,495
25 Contributions, gifts, grants paid....... 650,000 650,000
26 Total expenses and disbursements. Add lines 24 and 25 865,989 94,493 0 771,495
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -491,326
b Net investment income (if negative, enter -0-) 274,516
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 557 557 557
2 Savings and temporary cash investments......... 942,890 520,063 520,063
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 2,657,823 Click to see attachment
List of Attached Documents:
// Content
2,559,784 		2,380,735
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 8,833,216 Click to see attachment
List of Attached Documents:
// Content
8,866,206 		12,251,415
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,434,486 11,946,610 15,152,770
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 12,434,486 11,946,610
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 12,434,486 11,946,610
30 Total liabilities and net assets/fund balances (see instructions). 12,434,486 11,946,610
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
12,434,486
2
Enter amount from Part I, line 27a .....................
2
-491,326
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3,870
4
Add lines 1, 2, and 3 ..........................
4
11,947,030
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
420
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
11,946,610
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 77.99 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2023-06-15
b 64.07 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2023-07-15
c 13000. VERIZON COMMUNICATIO 2.550% 3/21/31   2023-05-10 2023-08-07
d 50000. KEYCORP 2.550% 10/01/29   2023-02-09 2023-08-10
e 15000. PNC FINANCIAL SERVIC 2.550% 1/22/30   2020-06-15 2023-08-10
40000. SUNTRUST BANKS INC 4.000% 5/01/25   2019-08-13 2023-08-10
30000. US TREASURY NOTE 2.500% 5/15/24   2020-07-20 2023-08-10
68.75 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2023-08-15
144.11 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2023-09-15
69.98 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2023-10-15
59.25 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2023-11-15
35000. US TREASURY NOTE 2.625% 3/31/25   2021-08-17 2023-12-06
20000. US TREASURY NOTE 2.500% 5/15/24   2023-05-10 2023-12-06
25000. US TREASURY NOTE 2.500% 5/15/24   2014-05-29 2023-12-06
61.21 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2023-12-15
67.24 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2023-12-31
5000. BANK OF MONTREAL 2.500% 6/28/24   2023-05-10 2024-02-06
30000. BANK OF MONTREAL 2.500% 6/28/24   2020-06-15 2024-02-06
25000. GOLDMAN SACHS GROUP 3.500% 1/23/25   2015-04-16 2024-02-06
67.01 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2024-02-15
60.37 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2024-03-15
60.57 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2024-04-15
40000. LOWE'S COS INC 1.700% 10/15/30   2021-10-05 2024-04-24
35000. US TREASURY NOTE 2.625% 3/31/25   2023-05-10 2024-04-24
25000. US TREASURY NOTE 2.625% 3/31/25   2021-08-17 2024-04-24
10000. US TREASURY NOTE 2.250% 11/15/25   2020-07-20 2024-04-24
60.76 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2024-05-15
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 78   82 -4
b 64   68 -4
c 10,766   11,071 -305
d 40,274   43,433 -3,159
e 12,627   16,122 -3,495
38,882   43,737 -4,855
29,363   32,600 -3,237
69   73 -4
144   152 -8
70   74 -4
59   63 -4
33,996   37,620 -3,624
19,759   19,570 189
24,699   25,444 -745
61   65 -4
67   71 -4
4,941   4,941  
29,644   31,858 -2,214
24,570   25,413 -843
67   71 -4
60   64 -4
61   64 -3
31,984   38,308 -6,324
34,199   34,199  
24,428   26,871 -2,443
9,585   11,014 -1,429
61   64 -3
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
      106,794
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       -4
b       -4
c       -305
d       -3,159
e       -3,495
      -4,855
      -3,237
      -4
      -8
      -4
      -4
      -3,624
      189
      -745
      -4
      -4
       
      -2,214
      -843
      -4
      -4
      -3
      -6,324
       
      -2,443
      -1,429
      -3
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 74,071
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 3,816
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 3,816
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 3,816
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 10,567
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,567
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 6,751
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow3,816 Refundedright arrow 11 2,935
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowPA
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 arrow  
14
The books are in care ofright arrowWELLS FARGO BANK NA Telephone no.right arrow (800) 352-3705

Located atright arrow100 N MAIN ST FL 5D4001-052WINSTON SALEMNC ZIP+4right arrow27101
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
WELLS FARGO BANK N A TRUSTEE
1 		118,942    
100 N MAIN ST FL 5 D4001-052
WINSTONSALEM,NC27101
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
13,667,541
b
Average of monthly cash balances.......................
1b
661,881
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
14,329,422
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
14,329,422
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
214,941
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,114,481
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
705,724
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
705,724
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
3,816
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,816
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
701,908
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
701,908
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
701,908
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
771,495
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
771,495
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 7 701,908
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 467,734
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 0
e From 2022...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 771,495
a Applied to 2022, but not more than line 2a 467,734
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..... 303,761
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 .......... 		398,147
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
d Excess from 2022.... 0
e Excess from 2023.... 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
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:
WELLS FARGO
One West 4th Street
Winston Salem,NC27101
(888) 234-1999
bThe form in which applications should be submitted and information and materials they should include:
www.wellsfargo.com/privatefoundationgrants/smith
cAny submission deadlines:
March 1 and Sept 1
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Grants are for SE Pennsylvania charities with an emphasis on those serving community needs in Delaware County for capital projects, operating expenses, & special programs.
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

PENNSYLVANIA INSTITUTE OF TECHNOLOGY

800 MANCHESTER AVE
MEDIA,PA190634098 		NONE PC GENERAL OPERATING 20,000

CRADLES TO CRAYONS INC

281 NEWTONVILLE AVE
NEWTON,MA024602013 		NONE PC GENERAL OPERATING 5,000

WOMENS RESOURCE CENTER

113 W WAYNE AVE
WAYNE,PA19087 		NONE PC GENERAL OPERATING 5,000

EASTER SEALS OF SOUTHEASTERN

3905 W FORD RD
PHILADELPHIA,PA19131 		NONE PC GENERAL OPERATING 10,000

MUSICWORKS

2050 WEST CHESTER PIKE
HAVERTOWN,PA19083 		NONE PC GENERAL OPERATING 5,000

ELWYN FOUNDATION

111 ELWYN RD
ELWYN,PA190634622 		NONE PC GENERAL OPERATING 15,000

MEDIA ARTS COUNCIL

609 B WEST STATE ST
MEDIA,PA19063 		NONE PC GENERAL OPERATING 5,000

BARN AT SPRING BROOK FARM INC

360 LOCUST GROVE ROAD
WEST CHESTER,PA193820000 		NONE PC GENERAL OPERATING 2,000

MINDING YOUR MIND

124 SIBLEY AVE
ARDMORE,PA190032312 		NONE PC GENERAL OPERATING 10,000

THE SALVATION ARMY

615 SLATERS LN
ALEXANDRIA,VA22314 		NONE PC GENERAL OPERATING 15,000

MAKE-A-WISH FOUNDATION OF PHILADELPHIA

5 VALLEY SQ STE 210
BLUE BELL,PA19422 		NONE PC GENERAL OPERATING 4,000

CRADLE OF LIBERTY COUNCIL BOY SCOUTS OF
AMERICA
1485VALLEY FORGE RD
WAYNE,PA19406 		NONE PC GENERAL OPERATING 7,000

SAINT JOSEPH'S UNIVERSITY

5600 CITY AVENUE
PHILADELPHIA,PA19131 		NONE PC GENERAL OPERATING 15,000

WILLIAMSON COLLEGE OF THE TRADES

106 S NEW MIDDLETOWN RD
MEDIA,PA190635299 		NONE PC GENERAL OPERATING 40,000

CENTER FOR THE BLIND AND VISUALLY
IMPAIRED
100 W 15TH ST
CHESTER,PA19013 		NONE PC GENERAL OPERATING 15,000

PHILADELPHIA MUSEUM OF ART

PO BOX 7646
PHILADELPHIA,PA19130 		NONE PC GENERAL OPERATING 8,000

DARBY LIBRARY COMPANY

1001 MAIN ST
DARBY,PA19023 		NONE PC GENERAL OPERATING 5,000

SALUS UNIVERSITY

8360 OLD YORK RD
ELKINS PARK,PA190271576 		NONE PC GENERAL OPERATING 20,000

HARCUM COLLEGE

750 MONTGOMERY AVE
BRYN MAWR,PA190103405 		NONE PC GENERAL OPERATING 15,000

MAIN LINE ART CENTER

746 PANMURE RD
HAVERFORD,PA190411218 		NONE PC GENERAL OPERATING 5,000

BOYS AND GIRLS CLUB OF CHESTER

PO BOX 1077
CHESTER,PA19016 		NONE PC GENERAL OPERATING 15,000

CHILD GUIDANCE RESOURCE CENTERS INC

2000 OLD WEST CHESTER PI
HAVERTOWN,PA190830000 		NONE PC GENERAL OPERATING 10,000

RIDDLE MEMORIAL HOSPITAL

3803 WEST CHESTER PIKE STE 250
NEWTOWN SQ,PA190732336 		NONE PC GENERAL OPERATING 25,000

NICHOLAS NEWLIN FOUNDATION

219 CHEYNEY RD
GLEN MILLS,PA193421333 		NONE PC GENERAL OPERATING 3,000

MIDDLETOWN FREE LIBRARY ASSOC INC

464 S OLD MIDDLETOWN RD
MEDIA,PA190634800 		NONE PC GENERAL OPERATING 15,000

NEUMANN UNIVERSITY

1 NEUMANN DR
ASTON,PA190141277 		NONE PC GENERAL OPERATING 25,000

WALNUT STREET THEATRE CORP

825 WALNUT ST
PHILADELPHIA,PA191075107 		NONE PC GENERAL OPERATING 3,000

SENIOR COMMUNITY SERVICES

600 SWARTHMORE AVE
FOLSOM,PA19081 		NONE PC GENERAL OPERATING 8,000

ASTON PUBLIC LIBRARY

3270 CONCORD RD
ASTON,PA190141939 		NONE PC GENERAL OPERATING 10,000

SPECIAL OLYMPICS PENNSYLVANIA INC

2570 BLVD OF THE GENERALS
NORRISTOWN,PA194033675 		NONE PC GENERAL OPERATING 5,000

DARLINGTON ARTS CENTER

977 SHAVERTOWN ROAD
GARNET VALLEY,PA19060 		NONE PC GENERAL OPERATING 5,000

MATERNITY CARE COALITION

3401 I ST STE 407
PHILADELPHIA,PA191341442 		NONE PC GENERAL OPERATING 10,000

THERAPEUTIC HORSEBACK RIDING INC

190 LINE ROAD
MALVERN,PA19355 		NONE PC GENERAL OPERATING 2,000

DELAWARE COUNTY COMMUNITY COLLEGE

419 BEAUMONT CIR
WEST CHESTER,PA193806411 		NONE PC GENERAL OPERATING 10,000

PHILABUNDANCE

3616 SOUTH GALLAWAY STREET
PHILDALEPHIA,PA19148 		NONE PC GENERAL OPERATING 5,000

ARDEN THEATRE COMPANY

40 N 2ND ST
PHILADELPHIA,PA191064504 		NONE PC GENERAL OPERATING 5,000

ROSE TREE POPS ORCHESTRA

133 CHANDLER DR
WEST CHESTER,PA193806804 		NONE PC GENERAL OPERATING 4,000

UPPER DARBY HISTORICAL SOCIETY

PO BOX 731
PILGRIM GDNS,PA190267731 		NONE PC GENERAL OPERATING 5,000

CHESTER EDUCATION FOUNDATION

419 AVENUE OF THE STATES STE 700
CHESTER,PA190134444 		NONE PC GENERAL OPERATING 8,000

CANINE PARTNERS FOR LIFE

334 FAGGS MANOR ROAD
COCHRANVILLE,PA19330 		NONE PC GENERAL OPERATING 2,000

ASTRAL ARTISTS INC

1500 WALNUT ST STE 413
PHILADELPHIA,PA191023503 		NONE PC GENERAL OPERATING 5,000

THE ROCK SCHOOL FOR DANCE EDUCATION

1101 S BROAD ST
PHILADELPHIA,PA191474410 		NONE PC GENERAL OPERATING 4,000

BE PROUD FOUNDATION

600 N JACKSON ST BSMT 9
MEDIA,PA190632564 		NONE PC GENERAL OPERATING 10,000

NATIONAL LIBERTY MUSEUM

321 CHESTNUT STREET
PHILADELPHIA,PA191060000 		NONE PC GENERAL OPERATING 5,000

NEIGHBOR TO NEIGHBOR COMMUNITY
DEVELOPMENT
814 CLIFTON AVE
SHARON HILL,PA190790000 		NONE PC GENERAL OPERATING 5,000

JOSEPH J BARRETT SR MEMORIAL ALL-STAR GA

PO BOX 207
THORNTON,PA193730207 		NONE PC GENERAL OPERATING 4,000

THE BREATHING ROOM FOUNDATION

600 WEST AVE
JENKINTOWN,PA19027 		NONE PC GENERAL OPERATING 5,000

HOPE SPRINGS EQUESTRIAN THERAPY INC

PO BOX 156
CHESTER SPRGS,PA194250156 		NONE PC GENERAL OPERATING 2,000

UPPER DARBY ARTS & EDUCATION FOUNDATION

1051 PONTIAC RD UNIT 707
DREXEL HILL,PA19026 		NONE PC GENERAL OPERATING 12,000

VALLEY FORGE EDUCATIONAL SERVICES

1777 N VALLEY RD
MALVERN,PA193558738 		NONE PC GENERAL OPERATING 3,000

PHILADELPHIA YOUTH ORCHESTRA

PO BOX 41810
PHILADELPHIA,PA191011810 		NONE PC GENERAL OPERATING 20,000

LANSDOWNE SYMPHONY ORCHESTRA ASSOCIATION

PO BOX 184
LANSDOWNE,PA190500000 		NONE PC GENERAL OPERATING 7,000

COLONIAL PENNSYLVANIA PLANTATION

PO BOX 158
GRADYVILLE,PA190390158 		NONE PC GENERAL OPERATING 5,000

MUSICOPIA INC

2001 MARKET STREET SUITE 3100
PHILADELPHIA,PA19103 		NONE PC GENERAL OPERATING 5,000

WILMA THEATER INC

265 S BROAD ST
PHILADELPHIA,PA19107 		NONE PC GENERAL OPERATING 3,000

KIDS SMILES INC

219 CHESTER PIKE
NORWOOD,PA190741703 		NONE PC GENERAL OPERATING 5,000

YMCA

1129 20TH ST NW
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING 10,000

OPERATION WARM INC

50 APPLIED BANK BLVD STE 204
GLEN MILLS,PA193421092 		NONE PC GENERAL OPERATING 8,000

UPPER CHICHESTER LIBRARY

3374 CHICHESTER AVE STE 19
UPPER CHICHESTER,PA190610000 		NONE PC GENERAL OPERATING 5,000

ARTS IN SCHOOLS COLLABORATIVE

4226 SPRUCE ST
PHILADELPHIA,PA191044040 		NONE PC GENERAL OPERATING 2,000

SAINT JAMES REGIONAL CATHOLIC SCHOOL

500 TOME ST
RIDLEY PARK,PA190783227 		NONE PC GENERAL OPERATING 15,000

ROSE VALLEY CENTENNIAL FOUNDATION

41 ROSE VALLEY RD
ROSE VALLEY,PA19063 		NONE PC GENERAL OPERATING 10,000

GRAYSON SCHOOL

211 MATSONFORD RD
RADNOR,PA19087 		NONE PC GENERAL OPERATING 10,000

PENNSYLVANIA PHILHARMONIC

4513 PENNELL RD STE 2
ASTON,PA190140000 		NONE PC GENERAL OPERATING 3,000

GOODWILL OF DELAWARE AND DELAWARE COUNTY

300 E LEA BLVD
WILMINGTON,DE19802 		NONE PC GENERAL OPERATING 6,000

ATLANTIC COAST OPERA FESTIVAL

2028 SOUTH 17TH STREET SUITE 21
PHILADELPHIA,PA19145 		NONE PC GENERAL OPERATING 2,000

CHESTER UPLAND YOUTH SOCCER

311 E BALTIMORE AVENUE 300
MEDIA,PA190630000 		NONE PC GENERAL OPERATING 5,000

PENNSYLVANIA VETERANS MUSEUM

12 EAST STATE STREET PO BOX 73
MEDIA,PA19063 		NONE PC GENERAL PURPOSE 20,000

MAKING A CHANGE GROUP

PO BOX 1115
CHESTER,PA190160000 		NONE PC GENERAL OPERATING 8,000

ORCHESTRA CONCORDIA ASSOCIATION

PO BOX 149
WAYNE,PA190870149 		NONE PC GENERAL OPERATING 5,000

KEEP MUSIC ALIVE

4949 JACKSON DR
BROOKHAVEN,PA190151040 		NONE PC GENERAL OPERATING 5,000

EPISCOPAL LEGAL AID OF THE DIOCESE

11 BOOTH LN
HAVERFORD,PA190411510 		NONE PC GENERAL OPERATING 10,000

A COMMUNITY CENTER ESTABLISHED BY
THE SURGENT FAMILY FOR SOCIETY
701 BOOTH STREET
CHESTER,PA19013 		NONE PC GENERAL OPERATING 25,000
Total .................................right arrow 3a 650,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 307,520  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 74,071  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPARTNERSHIP/S-CORP 		    1 -6,928  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   374,663  
13Total. Add line 12, columns (b), (d), and (e)..................
13
374,663
(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.)
11 0
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:
ETHEL S C SMITH NO 5 CHARITABLE TW
EIN:
23-6648857
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,750     1,750

TY 2023 InvestmentsCorpBondsSchedule
Name:
ETHEL S C SMITH NO 5 CHARITABLE TW
EIN:
23-6648857
Name of Bond End of Year Book Value End of Year Fair Market Value
912828WJ5 US TREASURY NOTE 2.5    
912828M56 US TREASURY NOTE 113,351 110,535
166764BW9 CHEVRON CORP 51,733 48,271
867914BS1 SUNTRUST BANKS INC    
912828U24 US TREASURY NOTE 2.0 122,551 117,100
00287YAQ2 ABBVIE INC 49,718 44,219
912828P46 US TREASURY NOTE 1.6 28,712 28,378
254687FL5 WALT DISNEY COMPANY/ 49,775 43,110
9128286T2 US TREASURY NOTE 2.3 127,738 113,248
9128285M8 US TREASURY NOTE 119,736 103,770
20030NCT6 COMCAST CORP 57,510 48,275
29444UBL9 EQUINIX INC 48,011 43,545
9128283W8 US TREASURY NOTE 124,864 117,168
06051GGA1 BANK OF AMERICA CORP 53,525 47,190
25389JAR7 DIGITAL REALTY TRUST 49,464 42,839
14040HBN4 CAPITAL ONE FINANCIA 49,252 43,129
9128286A3 US TREASURY NOTE 126,928 120,318
78016EZM2 ROYAL BANK OF CANADA 29,616 28,010
61746BEF9 MORGAN STANLEY 55,172 48,103
9128286X3 US TREASURY NOTE 127,940 118,525
036752AB9 ANTHEM INC 48,931 45,673
46625HRV4 JPMORGAN CHASE & CO 53,404 47,564
06367WMQ3 BANK OF MONTREAL    
961214DW0 WESTPAC BANKING CORP 52,386 47,344
38148LAE6 GOLDMAN SACHS GROUP 27,842 24,567
693475AZ8 PNC FINANCIAL SERVIC 26,816 21,733
126650DM9 CVS HEALTH CORP 40,130 35,277
38148LAC0 GOLDMAN SACHS GROUP    
110122DP0 BRISTOL-MYERS SQUIBB 39,630 35,128
548661DY0 LOWE'S COS INC    
9128284F4 US TREASURY NOTE    
91282CBL4 US TREASURY NOTE 136,845 121,278
120568BB5 BUNGE LTD FINANCE CO 32,824 33,391
907818FU7 UNION PACIFIC CORP 31,848 29,581
023135CH7 AMAZON.COM INC 46,495 45,695
49326EEJ8 KEYCORP    
9128282R0 US TREASURY NOTE 116,809 116,168
91282CDY4 US TREASURY NOTE 1.8 118,249 116,288
91282CGQ8 US TREASURY NOTE 121,922 116,887
92343VGJ7 VERIZON COMMUNICATIO 22,994 22,764
00206RGQ9 AT&T INC 23,541 23,829
037833EV8 APPLE INC 34,508 34,316
256677AP0 DOLLAR GENERAL CORP 24,683 24,754
26442CBM5 DUKE ENERGY CAROLINA 44,298 43,351
67103HAL1 O'REILLY AUTOMOTIVE 47,939 47,921
91282CEV9 US TREASURY NOTE 3.2 47,719 47,145
91282CFV8 US TREASURY NOTE 4.1 24,055 24,346
91282CJJ1 US TREASURY NOTE 10,320 10,002

TY 2023 InvestmentsOtherSchedule2
Name:
ETHEL S C SMITH NO 5 CHARITABLE TW
EIN:
23-6648857
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
464287655 ISHARES RUSSELL 2000 AT COST 168,942 448,579
74925K581 BOSTON P LNG/SHRT RE AT COST 241,577 243,833
589509207 MERGER FUND-INST #30 AT COST 270,361 286,990
00143W859 INV OPP DEVELOP MRKT AT COST 296,896 319,169
464287234 ISHARES MSCI EMERGIN AT COST 133,014 105,729
74256W584 PRINCIPAL MIDCAP FUN AT COST 252,864 502,422
77954Q403 T ROWE PRICE BLUE CH AT COST 312,297 817,855
693390841 PIMCO HIGH YIELD FD- AT COST 320,000 294,798
31641Q755 FIDELITY NEW MRKTS I AT COST 262,782 221,265
464287507 ISHARES CORE S&P MID AT COST 455,707 574,718
09260C703 BLACKROCK GL L/S CRE AT COST 121,122 107,147
922908710 VANGUARD 500 INDEX F AT COST 1,066,199 2,482,655
3128PVHT0 FHLMC POOL #J15642 AT COST 1,152 1,067
14064D873 FULRTHALER BHVR SM C AT COST 164,748 298,707
003021714 ABERDEEN EMERG MARKE AT COST 375,588 368,082
464287465 ISHARES MSCI EAFE ET AT COST 135,107 297,849
00888Y847 INVESCO BAL RSK COMM AT COST 106,826 124,217
921910501 VANGUARD INTL GRTH F AT COST 360,000 423,536
04314H402 ARTISAN INTERNATIONA AT COST 360,000 378,327
411512528 HARBOR CAPITAL APPRE AT COST 282,003 818,492
46140H403 INVESCO DB OIL FUND AT COST 153,844 173,835
GTY995331 AGILITY MULTI-ASSET AT COST 450,000 411,947
04314H600 ARTISAN MID CAP FUND AT COST 342,635 362,115
922031760 VANGUARD HIGH YIELD AT COST 308,666 288,548
693391559 PIMCO EMERG MKTS BD- AT COST 277,663 214,277
04314H758 ARTISAN SMALL CAP FU AT COST 301,506 206,814
27831R108 EV GLBL MACR ABS RTR AT COST 125,322 116,761
256219106 DODGE & COX STOCK FU AT COST 1,170,000 1,311,625
464288588 ISHARES MBS ETF AT COST 49,385 50,056

TY 2023 LegalFeesSchedule
Name:
ETHEL S C SMITH NO 5 CHARITABLE TW
EIN:
23-6648857
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES - PRINCIPAL (ALLOCA 44,712     44,712
LEGAL FEES - INCOME (ALLOCABLE 5,625     5,625


TY 2023 OtherDecreasesSchedule
Name:
ETHEL S C SMITH NO 5 CHARITABLE TW
EIN:
23-6648857
Description Amount
CY PURCHASE OF ACCRUED INTEREST 412
TAX LOT BASIS ADJUSTMENT 8


TY 2023 OtherExpensesSchedule
Name:
ETHEL S C SMITH NO 5 CHARITABLE TW
EIN:
23-6648857
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER ADMINISTRATIVE EXPENSE 2,000 0   2,000
OTHER ADMINISTRATIVE EXPENSE 2,000 0   2,000
INVESTMENT EXPENSES - ADR FEES 4 4   0
FROM PARTNERSHIP/S-CORP 1,259 1,259   0


TY 2023 OtherIncomeSchedule2
Name:
ETHEL S C SMITH NO 5 CHARITABLE TW
EIN:
23-6648857
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FROM PARTNERSHIP/S-CORP -6,928 -6,928  


TY 2023 OtherIncreasesSchedule
Name:
ETHEL S C SMITH NO 5 CHARITABLE TW
EIN:
23-6648857
Description Amount
MUTUAL FUND TIMING ADJ 1,281
PY PURCHASE OF ACCRUED INTEREST 2,584
ROUNDING 5


TY 2023 OtherProfessionalFeesSchedule
Name:
ETHEL S C SMITH NO 5 CHARITABLE TW
EIN:
23-6648857
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GRANT ADMIN FEE 35,673     35,673


TY 2023 TaxesSchedule
Name:
ETHEL S C SMITH NO 5 CHARITABLE TW
EIN:
23-6648857
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 3,355 3,355   0
FOREIGN TAXES ON NONQUALIFIED 669 669   0