Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
The Brunckhorst Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)175 Pinelawn Road 302
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Melville, NY11747
A Employer identification number

23-7000850
B Telephone number (see instructions)

(804) 241-9649
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$156,687,836J 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) 1,980,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 27,702 27,702  
4 Dividends and interest from securities... 3,682,507 3,682,507  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,704,032
b Gross sales price for all assets on line 6a 153,308,010
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 3,986,177 3,710,209  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 148,800     124,412
15 Pension plans, employee benefits....... 11,383     11,383
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
60,000 15,000   45,000
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
777,811 728,399   49,412
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
640,852      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 101      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
4,403 1,369    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,643,350 744,768   230,207
25 Contributions, gifts, grants paid....... 7,445,000 7,445,000
26 Total expenses and disbursements. Add lines 24 and 25 9,088,350 744,768   7,675,207
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,102,173
b Net investment income (if negative, enter -0-) 2,965,441
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 915,677 4,610,200 4,610,200
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 238,186 676,116 676,116
10a Investments—U.S. and state government obligations (attach schedule) 12,706,529 Click to see attachment
List of Attached Documents:
// Content
1,881,601 		1,911,224
b Investments—corporate stock (attach schedule)....... 68,586,859 Click to see attachment
List of Attached Documents:
// Content
61,010,787 		73,024,335
c Investments—corporate bonds (attach schedule)....... 46,977,315 Click to see attachment
List of Attached Documents:
// Content
56,532,239 		59,634,767
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).......... 14,532,953 Click to see attachment
List of Attached Documents:
// Content
14,123,185 		16,831,194
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) 143,957,519 138,834,128 156,687,836
Liabilities 17 Accounts payable and accrued expenses.......... 21,218  
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)......... 21,218 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........ 143,936,301 138,834,128
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)..... 143,936,301 138,834,128
30 Total liabilities and net assets/fund balances (see instructions). 143,957,519 138,834,128
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
143,936,301
2
Enter amount from Part I, line 27a .....................
2
-5,102,173
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
138,834,128
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
138,834,128
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities P    
b Various Capital Gain Fund Distributions P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 153,305,180   155,012,042 -1,706,862
b 2,830     2,830
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -1,706,862
b       2,830
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -1,704,032
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 -1,704,032
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 41,220
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 41,220
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 41,220
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 288,186
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.............. 7 288,186
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  
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 10 246,966
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow246,966 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowNY
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 arrowN/A
14
The books are in care ofright arrowKandel & Company Telephone no.right arrow (804) 241-9649

Located atright arrow175 Pinelawn Road-Suite 302MelvilleNY ZIP+4right arrow11747
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
Susan S Kemp Trustee
4.00 		0    
7004 Wildon Grove Road
Gordonsville,VA22942
Richard Todd Stravitz Trustee
4.00 		0    
2702 Monument Ave
Richmond,VA23220
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
Glen Besa Grant Admin
20.00 		55,200    
4896 Burnham Road
North Chesterfield,VA23234
Mark R Doran Grant Admin
10.00 		45,600    
7004 Wildon Grove Road
Gordonsville,VA22942
Ansley S Dowler Grant Admin
10.00 		48,000    
4480 Springfield Road
Glen Allen,VA23060
Total number of other employees paid over $50,000...................right arrow  
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
Kandel & Company Accounting, Tax & Mang't 120,000
175 Pinelawn Road-Suite 302
Melville,NY11747
Rockefeller Capital Management Advisory & Fin'l Mang't 713,399
One Town Center Road-Ste 500
Boca Raton,FL33486
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  
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
0
b
Average of monthly cash balances.......................
1b
2,643,429
c
Fair market value of all other assets (see instructions)................
1c
144,003,428
d
Total (add lines 1a, b, and c).........................
1d
146,646,857
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
 
3
Subtract line 2 from line 1d.........................
3
146,646,857
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,199,703
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
144,447,154
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
7,222,358
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
7,222,358
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
41,220
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
41,220
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,181,138
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
7,181,138
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
7,181,138
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
7,675,207
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
7,675,207
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 7,181,138
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...... 647,842
b From 2019...... 942,128
c From 2020...... 359,453
d From 2021......  
e From 2022...... 516,579
f Total of lines 3a through e ........ 2,466,002
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 7,675,207
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)........ 		0
d Applied to 2023 distributable amount..... 7,181,138
e Remaining amount distributed out of corpus 494,069
5 Excess distributions carryover applied to 2023.    
(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 2,960,071
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 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		647,842
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		2,312,229
10 Analysis of line 9:
a Excess from 2019.... 942,128
b Excess from 2020.... 359,453
c Excess from 2021....  
d Excess from 2022.... 516,579
e Excess from 2023.... 494,069
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 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)
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
Planned Parenthood SW Central Flori


736 Central Ave
Sarasota,FL34236 		N/A PC General Purpose unless otherwise stated 250,000
Southern Environmental Law Center


201 West Main St-Ste 14
Charlottesville,VA22902 		N/A PC General Purpose unless otherwise stated 480,000
Chesapeake Bay Foundation Inc


6 Herndon Avenue
Annapolis,MD21403 		N/A PC General Purpose unless otherwise stated 425,000
Richmond SPCA


2519 Hermitage Road
Richmond,VA23220 		N/A PC General Purpose unless otherwise stated 200,000
Center for Reproductive Rights Inc


199 Water Street-22nd FL
New York,NY10038 		N/A PC General Purpose unless otherwise stated 300,000
Environmental Defense Fund Inc


257 Park Ave So-17th FL
New York,NY10010 		N/A PC General Purpose unless otherwise stated 350,000
Earth Justice


50 California Street-Ste 500
San Francisco,CA94111 		N/A PC General Purpose unless otherwise stated 405,000
Tri County Humane Society


21287 Boca Rio Road
Boca Raton,FL33433 		N/A PC General Purpose unless otherwise stated 300,000
American Rivers Inc


1101 14th Street NW-Ste 1400
Washington,DC20005 		N/A PC General Purpose unless otherwise stated 200,000
National Wildlife Federation


11100 Wildlife Center Drive
Reston,VA20190 		N/A PC General Purpose unless otherwise stated 100,000
Natural Resources Defense Fund Inc


40 West 20th Street
New York,NY10011 		N/A PC General Purpose unless otherwise stated 225,000
Nature Conservancy


4245 North Fairfax Drive-Ste 100
Arlington,VA22203 		N/A PC General Purpose unless otherwise stated 400,000
Conservation Fund


1655 N Fort Myers Drive-Ste 1300
Arlington,VA22209 		N/A PC General Purpose unless otherwise stated 400,000
Planned Parenthood-So FlTreasure Co


2300 N Florida Mango Dr
W Palm Beach,FL33409 		N/A PC General Purpose unless otherwise stated 250,000
Sierra Club Foundation


2101 Webster St-Ste 1250
Oakland,CA94612 		N/A PC General Purpose unless otherwise stated 1,160,000
American Forests


1220 L Street NW-Ste 750
Washington,DC20005 		N/A PC General Purpose unless otherwise stated 150,000
Trust for Public Land


101 Montgomery St-Ste 900
San Francisco,CA94104 		N/A PC General Purpose unless otherwise stated 50,000
Defenders of Wildlife


1130 17th Street NW
Washington,DC20036 		N/A PC General Purpose unless otherwise stated 100,000
American Humane Association


1400 16th Street NW-Ste 360
Washington,DC20036 		N/A PC General Purpose unless otherwise stated 200,000
National Audubon Society Inc


225 Varick Street-7th Fl
New York,NY10014 		N/A PC General Purpose unless otherwise stated 100,000
Ocean Conservancy


1300 19th Street NW-8th FL
Washington,DC20036 		N/A PC General Purpose unless otherwise stated 250,000
Elephant Sanctuary in Tennessee


PO Box 393
Hohenwald,TN38462 		N/A PC General Purpose unless otherwise stated 200,000
African Wildlife Foundation


1100 New Jersey Ave SE-Suite 900
Washington,DC20003 		N/A PC General Purpose unless otherwise stated 200,000
Humane Society of United States


1255 23rd Street NW-Ste 450
Washington,DC20037 		N/A PC General Purpose unless otherwise stated 100,000
Naral Pro-Choice America Foundation


1725 Eye St NW-Ste 900
Washington,DC20006 		N/A PC General Purpose unless otherwise stated 200,000
Oceana Inc


1025 Connecticut Ave NW-Ste 200
Washington,DC20036 		N/A PC General Purpose unless otherwise stated 50,000
Virginia League for Planned Parenth


201 N Hamilton Street
Richmond,VA23221 		N/A PC General Purpose unless otherwise stated 100,000
National Parks Conservation Associa


777 6th Street NW-Ste 700
Washington,DC20001 		N/A PC General Purpose unless otherwise stated 100,000
Center for Biological Diversity Inc


PO Box 710
Tucson,AZ85702 		N/A PC General Purpose unless otherwise stated 150,000
Greenpeace Fund Inc


702 H Street NW-Ste 300
Washington,DC20001 		N/A PC General Purpose unless otherwise stated 50,000
Total .................................right arrow 3a 7,445,000
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 ........... 		    14 27,702  
4 Dividends and interest from securities ....     14 3,682,507  
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 -1,704,032  
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) ..   2,006,177  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,006,177
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID: 23017517
Software Version: 2023v5.1


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
The Brunckhorst Foundation
 
Employer identification number

23-7000850
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
The Brunckhorst Foundation
  		Employer identification number
23-7000850
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Barbara Brunckhorst 2010 Trust
2702 Monument Ave
 
Richmond, VA23220

$ 1,980,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
The Brunckhorst Foundation
  		Employer identification number

23-7000850
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
The Brunckhorst Foundation
  		Employer identification number

23-7000850
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID: 23017517
Software Version: 2023v5.1

TY 2023 AccountingFeesSchedule
Name:
The Brunckhorst Foundation
EIN:
23-7000850
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Kandel & Company-Accounting & Tax Prep 60,000 15,000 0 45,000

TY 2023 ContractorCompensationExpln
Name:
The Brunckhorst Foundation
EIN:
23-7000850
Software ID:
23017517
Software Version:
2023v5.1
Contractor Explanation
Kandel & Company Accounting, Tax Preparation & Management Oversight
Rockefeller Capital Management Investment advisory and financial management.

TY 2023 InvestmentsCorpBondsSchedule
Name:
The Brunckhorst Foundation
EIN:
23-7000850
Software ID:
23017517
Software Version:
2023v5.1
Name of Bond End of Year Book Value End of Year Fair Market Value
Nationwide Fin'l Svcs Inc-6.75%,5/15/87 174,000 196,170
Ford Motor Co-6.625%,2/15/28 4,294 4,115
Southwestern Energy-6.2%,1/23/25 352,010 348,607
Canadian IMP Fin'l-3.75%,7/26/24 250,000 246,637
Alabama PWR 89,387 98,590
Appalachian PWR Co 512,333 536,970
Arizona Pub Svc Co 433,567 449,179
Banco Santanda SA-3.8%,2/23/28 371,052 376,924
Banco Santanda SA-4.379%,4/12/28 182,642 194,248
Banco Santanda SA-5.294%,8/18/27 391,116 399,880
Bank of America-5.875%,2/7/42 96,811 107,778
Bank of America Corp Note-6.111%,1/29/37 1,620,679 1,652,594
Bank of America Corp Note-5%,1/21/44 92,256 98,063
Barrick Gold Fin'l Note-5.8%,11/15/34 359,679 360,080
Canadian IMP Fin'l-0%,8/10/23    
Citigroup Global Hldgs-0%,12/24/23    
Citigroup Global Mkts Hldgs-0%,1/6/23    
Citigroup Global Mkts Hldgs-0%,5/23/23    
Citigroup Global Mkts Hldgs-0%,6/23/23    
Columbia Pipeline Group Inc-5.8%,6/1/45 97,378 99,520
Comcast Corp-6.4%,3/1/40 1,035,076 1,092,280
Credit Suisse-4.35%,6/15/27 584,548 607,892
Duke Energy Ind-6.45%,4/1/39 180,299 196,107
Endurance Specialty Hldg Note-7%,7/15/34 546,077 546,405
General Electric Co-5.2%,7/15/34 95,020 96,919
General Electric Co-5.25%,7/15/34 95,436 97,855
General Electric Co-5.2%,4/13/45 225,780 224,990
GS Fin'l Corp MTN-0%,2/5/25    
GS Fin'l Corp Ser E-0%,1/11/24 3,500,000 4,093,425
GS Fin'l Corp Ser N-0%,6/21/24    
HP Inc-6%,9/15/41 515,058 526,690
HSBC Holdings Note-4.95%.3/31/30 195,094 198,302
HSBC Holdings Note-6.1%.1/14/42 264,553 283,050
JP Morgan Chase Fin'l Co-0%,1/1/25    
JP Morgan Chase Fin'l Co-0%,10/24/23    
JP Morgan Chase Fin'l Co-0%,8/10/23    
JP Morgan Chase Fin'l Co-0%,8/2/24    
Keybank National Assoc Note-4.9%,8/8/32 238,670 220,792
Legg Mason Inc-5.625%,1/15/44 302,716 322,573
Lloyds Banking Group-4.55%,8/16/28 468,100 491,715
MetLife Inc Note-5.875%,2/6/41 105,421 108,778
Morgan Stanley Note-6.375%,7/24/42 373,721 404,327
Nevada Power Co-5.375%,9/14/40 92,233 99,461
Nevada Power Co-5.45%,5/15/41 91,378 99,585
Nevada Power Co-6.65%,4/1/36 109,386 110,041
Oracle Corp-6.5%,4/15/38 532,045 551,910
Pacificorp Bond-6.35%,7/15/38 210,491 215,602
Paramount Global-6.875%,4/30/36 546,139 507,370
Phillip Morris Int'l-6.375%,5/16/38 517,949 559,475
Phillip Morris Int'l-4.5%,3/20/42 174,652 179,278
Puget Energy Inc Note-6.274%,3/15/37 104,319 107,921
Raymond James Fin'l Note-4.95%,7/15/46 93,326 93,289
Regions Bank-Birmingham-6.45%,6/26/37 268,587 254,082
Royal Bank Canada-0%,11/14/24 1,000,000 1,011,900
San Diego Gas & Elec-6%,6/1/39 105,130 107,064
Simon Property Group-6.75%,2/1/40 263,129 282,428
Southern CA Edison Bond-5.55%,1/15/36 98,913 101,903
Southern CA Edison Bond-5.65%,2/1/36 99,082 101,819
Southern CA Edison Bond-5.95%,2/1/38 246,932 262,055
Southern CA Edison Bond-6.05%,3/15/39 193,844 211,634
Southern CA Gas Co-5.125%,11/15/40 89,303 98,710
Toledo Hospital Ser 2018B-5.75%,11/15/38 232,896 248,320
Toledo Hospital Ser 6.015%,11/15/48 236,810 264,980
UBS AG London MTN-0%,1/31/25    
UBS AG London MTN-0%,1/10/25    
Verizon MD Inc-5.125%,6/15/33 94,549 95,963
Amgen Inc-5.75%,3/15/40 249,485 258,402
Amgen Inc-5.75%,3/2/63 100,240 104,914
Appalachian PWR-6.7%,8/15/37 544,217 547,305
Arch Cap Group-5.031%,12/15/46 917,620 926,320
Baker Hughes-5.125%,9/15/40 237,700 252,495
Banco Santander-5.147%,8/18/25 198,092 198,844
Barrick Gold-6.45%,10/15/35 105,641 110,259
BOFA Fin'l-0%,10/3/24 1,000,000 1,106,200
Centerpoint Energy 102,592 106,340
Cigna Group-5.375%,2/15/42 98,475 96,829
Citigroup Global-0%,12/5/24 1,000,000 1,252,500
Cleco PWR-6%,12/1/40 199,926 198,624
Consolidated Edison-5.5%,12/1/39 198,347 202,040
Consolidated Edison-5.7%,6/15/40 200,911 206,092
Dupont De Nemours-5.419%,11/15/48 293,110 311,781
Enbridge Energy-5.5%,9/15/40 97,539 98,450
Enbridge Inc-5.5%,12/1/46 191,422 195,694
Goldman Sachs-4%,3/3/24 98,672 99,708
Goldman sachs-6.25%,2/1/41 106,033 111,530
Lincoln National-6.3%,10/9/37 101,537 105,688
Lowes Companies-5.75%,7/1/53 101,338 105,944
Lowes Companies-5.8%,10/15/36 204,394 215,352
McKesson Corp-6%,3/1/41 258,369 258,135
Meta Platforms-5.6%,5/15/53 250,156 270,958
Meta Platforms-5.75%,5/15/63 945,896 1,039,728
Newmont Corp-5.875%,4/1/35 100,727 107,552
Nexterra Energy Cap-5.25%,2/28/53 94,534 98,218
Norfolk Southern Corp-6%,5/23/11 145,825 140,923
Oklahoma Gas & Elec-6.45%,2/1/38 283,149 286,552
Oracle Corp-5.55%,2/6/53 934,310 1,000,280
Pacificorp-5.5%,5/15/54 99,268 98,111
Prudential Fin'l-6.2%,11/15/40 106,022 108,167
Public Service Co-6.625%,11/15/37 268,538 275,637
Ross Stores-5.45%,4/15/50 986,750 933,120
Royal Bank Canada-0%,1/23/25 500,000 510,925
Royal Bank Canada-0%,1/31/25 1,500,000 1,497,050
Royal Bank Canada-0%,12/19/24 250,000 274,625
Royal Bank Canada-0%,6/26/25 2,000,000 2,065,600
Royal Bank Canada-0%,7/17/25 3,500,000 3,564,050
Royal Bank Canada-0%,8/28/25 1,000,000 1,012,600
Royal Bank Canada-0%,11/29/24 750,000 826,875
Royal Bank Canada-0%,10/10/24 250,000 295,850
Royal Bank Canada-0%,10/3/24 2,000,000 2,224,800
Southern Ca Edison-0%,3/1/53 318,158 336,810
Southern Ca Edison-0%,6/1/53 199,570 210,150
Southern Ca Edison-0%,11/15/35 257,912 261,132
Southern Copper-5.875%,4/23/45 207,653 204,128
Transcanada Pipelines-5.85%,3/15/36 248,040 256,203
Transcanada Pipelines-6.1%,6/1/40 412,220 421,132
Truist Bank-3.3%,5/15/26 460,390 477,225
Truist Fin'l-3.875%,3/19/29 90,293 93,508
Tucson Elec-5.5%,4/15/53 197,126 203,750
US Bancorp-3.1%,4/27/26 231,393 239,570
Virginia Elec & Pwr-5.45%,4/1/53 97,216 102,962
Wells Fargo Bank-5.85%,2/1/37 252,151 262,293
Goldman Sachs-6.75%,10/1/17 1,072,671 1,100,740
GS Fin'l Corp-0%,12/19/24 250,000 260,481
GS Fin'l Corp-0%,1/2/25 2,000,000 2,099,051
Halliburton Co-5%,11/15/45 272,438 291,150
Halliburton Co-6.7%,9/15/38 481,795 526,005
Hartford Fin'l Ser-6.625%,3/30/40 320,531 331,293
Hartford Healthcare-5.746%,4/1/44 462,174 459,384
HSBC USA-0%,12/2/24 750,000 798,375
IBM Corp-4.9%,7/27/52 91,373 96,392
Intel Corp-5.05%,8/5/62 898,510 988,490
Intel Corp-5.7%,2/10/53 97,386 108,111
Intel Corp-5.7%,2/10/53 205,596 222,920
JP Morgan Chase-4.95%,6/1/45 232,942 239,000
JP Morgan Chase Fin'l-0%,1/23/25 2,000,000 2,244,800
JP Morgan Chase Fin'l-0%,10/25/24 500,000 543,075
JP Morgan Chase Fin'l-0%,12/19/24 1,000,000 1,093,925
JP Morgan Chase Fin'l-0%,8/13/25 1,200,000 1,215,400

TY 2023 InvestmentsCorpStockSchedule
Name:
The Brunckhorst Foundation
EIN:
23-7000850
Software ID:
23017517
Software Version:
2023v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
Nextera Energy Inc    
Pfizer Inc    
McDonalds Corp 1,983,749 2,372,080
Arch Cap Group-5.45%-Pfd F    
Apollo Global Mgmt-6.375% B    
AT&T Inc    
Home Depot Inc    
IBM Corp 1,441,106 1,799,050
Microsoft Corp 5,730,986 6,956,740
National Retail Properties    
Walmart Stores    
Aegon Funding Co-Pfd-5.1% 250,000 217,400
American EQ Inv-Pfd 75,000 64,920
Abbvie Inc 3,302,262 3,719,280
Amazon.Com 4,086,724 4,254,320
Amgen Inc 1,241,214 1,440,100
Astrazeneca PLC 1,642,723 1,751,100
Brighthouse Financial-Pfd A-6.75% 250,000 159,600
Cardinal Health Inc 1,330,893 2,217,600
Chevron Corp 1,038,031 894,960
Conagra Brands Inc    
Emerson Electric Co    
Exxon Mobil 1,502,017 1,599,680
Gilead Science    
Johnson & Johnson 869,297 783,700
Merck & Co 1,140,973 1,526,280
Proctor & Gamble Co    
Verizon Communications Inc    
Alphabet CL C 988,037 1,127,440
Archer Daniels Midland    
Bank of America    
BCE Inc    
Bristol Myers Squibb    
Coca Cola Co    
Consolidated Edison Inc    
Dominion Energy Inc    
Duke Energy Corp    
Eli Lilly & Co 4,360,532 6,120,660
General Mills Inc    
Glaxo Smithkline PLC 781,593 815,320
Healthpeak Properties Group    
Hershey Co    
Kellogg Company    
Kraft Heinz Co    
Northrim Bancorp Inc    
Novartis AG    
Nvidia Corporation 7,443,304 9,904,400
Raytheon Technologies Corp    
Simon Property Group Inc    
Union Pacific Corp    
United Health Group Inc 515,876 526,470
Valero Energy Corp    
Vertex Pharmaceuticals Inc 2,175,217 2,848,230
Barker Hughes Co CL A    
Cheniere Energy    
Corning Inc    
Energy Transfer LP    
Ford Motor PFD-6.5%,8/15/62 276,387 255,750
Honeywell Int'l Inc    
Kimberly Clark Corp    
Kinder Morgan Inc    
Kymera Therapeutics Inc    
Lockheed Martin Corp    
McKesson Corp 1,321,409 1,620,430
Moderna Inc    
Morgan Stanley Co    
Novo Nordisk ADR 3,020,287 4,138,000
Pioneer Natural Resources Co    
Adobe Systems Inc 1,793,505 1,789,800
Apple Inc 3,079,876 3,850,600
Arch Cap Group-Pfd 126,626 119,100
Deere & Co 981,239 1,039,662
General Electric Co 452,709 510,520
Madrigal Pharmaceuticals Inc 711,828 694,140
Meta Platforms Inc 2,784,725 3,185,640
Mongodb Inc-CLA 814,060 817,700
Netflix Inc 1,715,541 1,947,520
Qualcomm Inc 118,000 144,630
Sandoz Group AG 65,638 89,628
Servicenow Inc 337,492 353,245
Shopify Inc 511,973 623,200
Tesla Corp 749,958 745,440

TY 2023 InvestmentsGovtObligationsSch
Name:
The Brunckhorst Foundation
EIN:
23-7000850
Software ID:
23017517
Software Version:
2023v5.1
US Government Securities - End of Year Book Value:

1,881,601
US Government Securities - End of Year Fair Market Value:

1,911,224
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2023 InvestmentsOtherSchedule2
Name:
The Brunckhorst Foundation
EIN:
23-7000850
Software ID:
23017517
Software Version:
2023v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
JP Morgan Equity Inc A AT COST 183,832 392,604
Ishares Select Div ETF AT COST    
Select Sec SPDR ETF Utilities AT COST    
Health Care Select Sec SPDR AT COST 1,431,689 1,500,180
SPDR S&P 500 ETF Tr AT COST 5,755,884 6,654,340
Utilities Select Sec SPDR ETF AT COST    
Ishares S&P 100 Index Fd AT COST 381,348 446,780
Industrial Sal Sec SPDR Fd AT COST    
Invesco QQQ Tr Unit Ser 1 AT COST 5,254,070 6,552,320
SPDR Portfolio S&P 500 Div AT COST    
Invesco Exchange Traded S&P AT COST 809,122 943,000
Select Sector SPDR Indust AT COST 307,240 341,970

TY 2023 OtherExpensesSchedule
Name:
The Brunckhorst Foundation
EIN:
23-7000850
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Filing Fees 1,500      
Interest & Service Charges 1,534      
Service Fees-Securities 1,369 1,369    


TY 2023 OtherProfessionalFeesSchedule
Name:
The Brunckhorst Foundation
EIN:
23-7000850
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Advisory Fees 713,399 713,399 0 0
Kandel & Company-Management 60,000 15,000 0 45,000
McGuire Woods 4,412 0 0 4,412


TY 2023 SubstantialContributorsSch
Name:
The Brunckhorst Foundation
EIN:
23-7000850
Software ID:
23017517
Software Version:
2023v5.1
Name Address
Barbara Brunckhorst 2010 Trust 2702 Monument Ave
Richmond,VA23220


TY 2023 TaxesSchedule
Name:
The Brunckhorst Foundation
EIN:
23-7000850
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Tax -'23 41,220      
Unrelated Business Tax-'22 10,118      
Unrelated Business Tax-'23 589,514