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
ACS Private Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

87-2642139
B Telephone number (see instructions)

(800) 839-1754
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$529,398J 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) 100,092
2 Check right arrow.............
3 Interest on savings and temporary cash investments 41 41  
4 Dividends and interest from securities... 6,785 6,785  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,155
b Gross sales price for all assets on line 6a 101,453
7 Capital gain net income (from Part IV, line 2)... 3,155
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........ 110,073 9,981  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
4,569 4,569    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
9,735 235    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 5,353     5,353
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,141 74   11,067
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 30,798 4,878   16,420
25 Contributions, gifts, grants paid....... 6,143 6,143
26 Total expenses and disbursements. Add lines 24 and 25 36,941 4,878   22,563
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 73,132
b Net investment income (if negative, enter -0-) 5,103
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......... 12,078 8,404 8,404
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 431,207 Click to see attachment
List of Attached Documents:
// Content
508,263 		520,994
c Investments—corporate bonds (attach schedule).......      
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 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) 443,285 516,667 529,398
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 Click to see attachment
List of Attached Documents:
// Content
250
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 250
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 443,285 516,417
29 Total net assets or fund balances (see instructions)..... 443,285 516,417
30 Total liabilities and net assets/fund balances (see instructions). 443,285 516,667
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
443,285
2
Enter amount from Part I, line 27a .....................
2
73,132
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
516,417
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
516,417
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 101,453   98,298 3,155
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,155
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,155
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 71
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 71
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 71
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 6,350
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 6,350
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 6,279
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow100 Refundedright arrow 11 6,179
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 arrowDE
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 arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow55 WALLS DRIVE FL 3FairfieldCT ZIP+4right arrow06824
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)
Yes
 
(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
Jane Adams Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Tracy Adams Dir, Pres, Sec, Treas
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
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
 
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
413,705
b
Average of monthly cash balances.......................
1b
13,513
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
427,218
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
427,218
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
6,408
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
420,810
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
21,041
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
21,041
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
71
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
71
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
20,970
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
20,970
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
20,970
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
22,563
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
22,563
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 20,970
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 4,479
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 22,563
a Applied to 2022, but not more than line 2a 4,479
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 18,084
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		2,886
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 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).)
Tracy Adams
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

COCA-COLA SCHOLARS FOUNDATION INC

PO BOX 442
ATLANTA,GA30301 		N/A PC General & Unrestricted 718

Hopkinton High

90 HAYDEN ROWE ST
Hopkinton,MA01748 		N/A GOV STEM Scholarship to be chosen by science teachers 5,000

Indigent Individuals

FOUNDATION SOURCE 501 SILVERSIDE RD
WILMINGTON,DE198091377 		NONE I Emergency Assistance Grants to indigent individuals who are not disqualified persons with respect to the foundation and who each did not receive more than $1,000 from the foundation during the year 330

WELLFIT GIRLS PROGRAM INC

6240 SHIRLEY ST STE 204
NAPLES,FL34109 		N/A PC General & Unrestricted 95
Total .................................right arrow 3a 6,143
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 41  
4 Dividends and interest from securities ....     14 6,785  
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 3,155  
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) ..   9,981  
13Total. Add line 12, columns (b), (d), and (e)..................
13
9,981
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
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
ACS Private Foundation
 
Employer identification number

87-2642139
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
ACS Private Foundation
  		Employer identification number
87-2642139
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
Adams Tracy
9415 Gulf Shore Drive Unit 601
 
Naples, FL34108

$ 100,092


(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
ACS Private Foundation
  		Employer identification number

87-2642139
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
1
 AMAZON COM AMZN, 652 sh. $ 100,092 2023-12-28
(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
ACS Private Foundation
  		Employer identification number

87-2642139
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:  
Software Version:  

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

TY 2023 DepreciationSchedule
Name:
ACS Private Foundation
EIN:
87-2642139
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2023 InvestmentsCorpStockSchedule
Name:
ACS Private Foundation
EIN:
87-2642139
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO 933 984
ACCENTURE PLC 2,621 3,158
ACUITY BRANDS INC 1,017 1,229
ADOBE SYSTEMS, INC 2,157 2,983
ADVANCED ENERGY IND INC 686 980
ADYEN N.V. 4,135 3,697
AES CORP 3,432 3,176
AIR LEASE CORP 530 587
ALBANY INTERNATIONAL CORP 814 982
ALEXANDRIA REAL ESTATE EQUITIE 822 634
ALIBABA GROUP HOLDING LTD 2,107 1,628
ALPHABET INC CL A 6,390 7,682
AMAZON COM 100,093 99,064
AMER INTERNATIONAL GROUP INC 2,413 2,575
APPLE INC 2,691 3,273
APPLIED MATERIALS INC 1,232 1,945
APTIV PLC 2,202 1,884
ARHAUS INC 117 119
ASML HOLDING NV NY REG SHS 3,599 4,542
ATLASSIAN CORP CL A 3,254 3,330
ATMOS ENERGY CORP 849 811
AVERY DENNISON CORP 1,106 1,213
AVNET INC 787 1,058
BALCHEM CORP 1,349 1,488
BANK OF AMERICA CORP 3,447 3,232
BANK OZK 1,099 1,345
BARRICK GOLD CORPORATION 4,109 3,021
BATH & BODY WORKS, INC 670 777
BAXTER INTERNATIONAL INC 3,593 2,088
BECTON DICKINSON & CO 815 731
BEIGENE LTD 2,397 2,345
BELLRING BRANDS, INC 925 1,386
BERKSHIRE HATHAWAY INC. CLASS 4,753 4,993
BIOGEN INC 1,487 1,811
BJ'S WHLSL CLUB INC 1,063 933
BOOZ ALLEN HAMILTON HOLDING CO 897 1,279
BORG WARNER INC 357 394
BRISTOL-MYERS SQUIBB CO 3,239 2,360
BROOKFIELD RENEWABLE CORP CL A 2,426 1,843
BROWN & BROWN INC 861 853
BRUKER CORPORATION 1,198 1,102
C H ROBINSON WORLDWIDE INC 2,252 1,901
CABOT CP 586 752
CATERPILLAR INC 1,303 1,774
CBRE GROUP 1,131 1,210
CENTENE CORP 2,556 2,152
CERTARA 654 580
CHAMPIONX CORP 1,091 1,110
CHARLES RIV LABORATORIES INTL 2,514 2,128
CHEVRON CORP 1,986 1,790
CHURCH & DWIGHT 1,223 1,135
CIGNA CORPORATION 2,836 3,294
CISCO SYSTEMS INC 3,651 3,536
CITIGROUP INC 2,266 2,315
CLEARWATER ANALYTICS HOLDINGS, 1,047 1,222
COHEN & STEERS INC 1,133 1,060
COLGATE-PALMOLIVE COMPANY 854 877
COLOPLAST AS ADR 2,435 2,075
CONMED CORPORATION 1,008 767
CONSTELLATION SOFTWA 3,374 4,969
CONSTELLATION SOFTWARE - WARRA    
COOPER COMPANIES INC 1,233 1,135
COPART INC 811 1,274
CORNING INC 3,321 2,984
CRACKER BARREL OLD COUNTRY STO 450 308
CRANE CO 1,170 1,654
CSW INDUSTRIALS INC 717 830
CSX CORP 1,717 1,734
CYBERARK SOFTWARE LTD 872 1,095
D R HORTON 499 1,064
DARDEN RESTAURANTS INC 1,691 1,972
DARLING INGREDIENTS INC 1,264 847
DBS GROUP HLDGS SPON ADR 2,484 2,532
DECKERS OUTDOOR CORPORATION 647 1,337
DIAGEO PLC ADS 1,774 1,748
DIAMONDBACK ENERGY INC 1,485 1,706
DIGI INTERNATIONAL INC 610 780
DIODES 928 1,047
EASTGROUP PROPERTIES INC 818 734
EASTMAN CHEMICAL CO 650 539
EMCOR GROUP INC 1,057 1,508
ENTEGRIS INC 2,030 2,396
F M C CP 4,136 1,955
FABRINET INC 1,425 1,903
FACTSET RESH SYST INC 1,263 1,431
FAIRFAX FINL HLDGS LTD 2,182 3,683
FANUC LIMITED UNSPONSORED 2,419 2,107
FIRST ENERGY CORP 4,381 3,519
FIRSTCASH HOLDINGS INC 499 759
FIVE BELOW INC 988 1,279
FIVE9 INC 698 708
FLEXTRONICS INTERNATIONAL 922 1,675
FLOOR AND DECOR HOLDINGS 650 892
FOX FACTORY HOLDING CORPORATIO 791 607
FREEPORT-MCMORAN COPPER & GOLD 3,436 3,406
FRESHPET INC 689 694
GATX CORP INC 938 962
GEN DYNAMICS CP 2,710 2,856
GENMAB A/S SPON 3,538 3,088
GLOBANT SA 1,193 1,428
GOOSEHEAD INSURANCE INC 332 455
GUIDEWIRE SOFTWARE INC 977 1,527
HAMILTON LANE INC 940 1,475
HDFC BANK LTD ADR 3,720 4,027
HEALTHEQUITY INC 1,360 1,392
HEARTLAND FINANCIAL USA, INC. 647 527
HELIOS TECHNOLOGIES 790 499
HOLOGIC, INC 1,095 929
HOME DEPOT INC 3,282 3,812
HONG KONG EX&CL UNSP/ADR 2,982 2,432
HUMANA INC 2,290 2,289
HUNTINGTON INGALLS INDUSTRIES 628 779
ICON PLC - AMERICAN DEPOSITARY 1,252 1,415
INFOSYS TECH LTD SPD ADR 5,388 4,540
INNOSPEC INC 1,008 1,232
INSPIRE MEDICAL SYSTEMS 433 407
INSTALLED BUILDING PRODUCTS IN 237 548
INT'L FLAVORS & FRAGRANCES INC 2,474 1,619
INTRA CELLULAR THERAPIES INC 501 573
JOHNSON & JOHNSON 3,887 3,448
JP MORGAN CHASE 2,271 2,892
KADANT INC 933 1,402
KE HOLDINGS INC. 1,439 1,475
KERING UNSPON ADR EA REPR 0.1 2,097 1,770
KEYCORP 607 418
KEYSIGHT TECHNOLOGIES INC 885 955
LKQ CORPORATION 795 717
LOWES COMPANIES INC 2,656 2,893
LUMENTUM HOLDINGS INC 1,088 786
MARATHON PETROLEUM CORP 1,624 2,819
MARKETAXESS HOLDINGS, INC 659 879
MASCO CORP 754 1,005
MEDPACE HOLDINGS, INC 478 920
MEDTRONIC PLC 5,019 4,119
METLIFE INC 2,419 2,248
METTLER-TOLEDO INTL 1,360 1,213
MICROSOFT CORP 4,288 5,640
MISTER CAR WASH, INC. 728 492
MOELIS AND COMPANY 698 954
MONOLITHIC POWER SYSTEMS, INC 1,135 1,892
MOOG INC CL A 614 1,013
MORGAN STANLEY 1,779 1,958
MORNINGSTAR, INC 1,101 1,145
MURPHY OIL CP HLDG 1,476 1,536
NATIONAL STORAGE AFFILIATES TR 1,367 1,203
NEOGEN CORPORATION 578 583
NIKE INC-CL B 3,264 3,149
NOV INC 962 973
NOVA MEASURING INSTRUMENTS LTD 631 824
NOVANTA INC 924 1,179
NOVO NORDISK A S 4,784 8,172
NVENT ELECTRIC PLC 1,174 1,241
OLLIES BARGAIN OUTLET HOLDINGS 485 683
OPEN LENDING CORP 748 426
ORACLE CORP 2,868 3,690
PAYCOM SOFTWARE 1,298 1,034
PAYLOCITY CORP 958 824
PEBBLEBROOK HOTEL TR COM 792 575
PERFICIENT INC 1,276 987
PERFORMANCE FOOD GROUP COMPANY 882 1,037
PG & E CORP 2,678 3,931
PHILIP MORRIS INTL 3,025 2,822
PINNACLE FINANCIAL PARTNERS IN 794 872
POOL CORP 2,458 2,392
POPULAR, INC. 781 821
POWERSCHOOL HLDGS INC 638 660
PROCTER GAMBLE CO 1,279 1,172
PROSUS NV ADR 2,194 2,618
PT BANK RAKYAT ADR 3,669 4,195
Q2 HOLDINGS INC 693 695
QUALCOMM INC 3,052 3,326
QUALYS INC COM 1,288 1,767
QURATE RETAIL INC QVC GROUP 841 158
RAYMOND JAMES FINANCIAL INC 1,639 1,673
RAYTHEON TECHNOLOGIES CORP 9,478 8,076
RBC BEARINGS INCORPORATED 1,302 1,994
RECKITT BENCKISER GROUP 663 591
RECRUIT HOLDINGS CO 2,986 3,140
REINSURANCE GROUP AMER INC 664 971
RENAISSANCERE HOLDINGS LTD 633 784
RESMED INC 1,372 1,032
ROCHE HOLDING LTD ADR 4,934 4,203
SABRE CORPORATION 834 352
SAFRAN SA - UNSPON ADR 2,429 3,619
SAIA, INC 1,552 2,629
SANMINA-SCI CORPORATION 580 771
SCHNEIDER NATIONAL INC 580 662
SCOTTS CO. CLASS A 885 510
SEA LTD 2,586 1,701
SEALED AIR CORP 1,146 730
SENSATA TECHNOLOGIES HOLDINGS 3,680 3,118
SHIFT4 PAYMENTS INC CL A 781 892
SILK ROAD MEDICAL ORD SHS 488 160
SNAP ON INC 634 867
SOLAREDGE TECHNOLOGIES INC 3,387 1,217
SONOCO PRODUCTS COMPANY 635 559
SOUTHWEST AIRLINES 2,843 2,079
SPDR BARCLAYS CAPITAL 1-3 MONT 826 823
SPS COMMERCE, INC 1,016 1,551
STAG INDUSTRIAL INC 726 707
STARBUCKS CORP COM 1,929 2,304
STERIS PLC 1,412 1,319
STIFEL FINANCIAL CP 768 830
SUN COMMUNITIES INC 1,247 936
SUZUKI MOTOR CORP UNSP ADR 2,774 3,578
SYNOPSYS, INC 616 1,030
TAIWAN SEMICONDUCTOR MFG CO LT 4,020 4,368
TAKE-TWO INTERACTIVE SOFTWARE 989 1,127
TECHNIPFMC PLC 1,027 2,679
TELEDYNE TECH INC 1,380 1,339
TEMENOS GROUP AG 2,642 2,612
TERADATA CORPORATION 2,172 2,219
THE ENSIGN GROUP, INC 1,232 1,571
TIMKEN CO COM 452 641
TREX CO INC 1,254 1,739
TRIMAS CORPORATION 572 481
TRINET GROUP, INC 361 476
ULTA SALON, COSMETICS & FRAGRA 1,214 1,470
UNILEVER PLC AMER 5,086 5,187
UNITED BANKSHARES, INC 860 1,014
VALVOLINE INC 2,016 2,217
VERIZON COMMUNICATIONS 5,116 3,845
VISA INC 2,365 2,864
VORNADO RLTY TR 778 1,017
WAL-MART STORES INC 1,417 1,577
WALT DISNEY HOLDINGS CO 7,461 5,868
WASTE CONNECTIONS 4,328 4,478
WATTS WATER TECHNOLOGIES INC 1,038 1,250
WEBSTER FINL CORP 554 558
WELLS FARGO & CO 3,184 3,199
WESBANCO INC 684 627
WEST PHARMA SVCS INC 1,213 1,056
WILLIAMS COS 2,885 2,926
WILLSCOT MOBILE MINI CL A 1,112 935
WOLVERINE WORLDWIDE 532 311
WUXI BIOLOGICS INC ADR 1,728 991
XPEL INC 671 754
YETI HOLDINGS, INC. 730 777

TY 2023 LoansFromOfficersSchedule
Name:
ACS Private Foundation
EIN:
87-2642139

Item No. 1
Lender's Name TRACY ADAMS - PRES DIR SEC TREAS
Lender's Title  
Original Amount of Loan 250
Balance Due 250
Date of Note 2023-12
Maturity Date 2024-01
Repayment Terms PRINCIPAL ON MATURITY
Interest Rate 0.
Security Provided by Borrower NONE
Purpose of Loan TO MAKE A GRANT ON BEHALF OF FOUNDATION
Description of Lender Consideration CASH - 250
Consideration FMV  


TY 2023 OtherExpensesSchedule
Name:
ACS Private Foundation
EIN:
87-2642139
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 11,027     11,027
Bank Charges 74 74    
PROCESSING FEE 15     15
State or Local Filing Fees 25     25


TY 2023 OtherProfessionalFeesSchedule
Name:
ACS Private Foundation
EIN:
87-2642139
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 4,569 4,569    


TY 2023 TaxesSchedule
Name:
ACS Private Foundation
EIN:
87-2642139
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2022 4,700      
990-PF Estimated Tax for 2023 1,700      
990-PF Extension for 2022 3,100      
Foreign Tax Paid 235 235