TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023

Name of foundation
WALRATH TW RES

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 505 MAC H0006-092
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SAINT LOUIS, MO63166

A Employer identification number

51-6179755

B Telephone number (see instructions)

(888) 730-4933

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$4,749,689J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	139,772		135,822
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-14,888
b	Gross sales price for all assets on line 6a 522,255
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......	List of Attached Documents: // Content	2,116
12	Total. Add lines 1 through 11........	127,000		135,822
13	Compensation of officers, directors, trustees, etc.	55,687		50,118		5,569
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	1,190	0	0	1,190
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	3,593	3,593		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	1,929	1,929		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	407	407
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	62,806		56,047	0	6,759
25	Contributions, gifts, grants paid.......	214,996				162,497
26	Total expenses and disbursements. Add lines 24 and 25	277,802		56,047	0	169,256
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-150,802
b	Net investment income (if negative, enter -0-)			79,775
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	548	407	407
	2	Savings and temporary cash investments.........	100,123	160,866	160,866
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	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).......	505,252	List of Attached Documents: // Content 230,485	264,831
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	2,914,614	List of Attached Documents: // Content 2,972,680	4,323,585
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,520,537	3,364,438	4,749,689
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	3,520,537	3,364,438
	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).....	3,520,537	3,364,438
	30	Total liabilities and net assets/fund balances (see instructions).	3,520,537	3,364,438

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

3,520,537

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

-150,802

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

List of Attached Documents:

// Content

1,196

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

3,370,931

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

6,493

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

3,364,438

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	.697 SUMMIT MATERIALS INC		2020-04-22	2023-01-04
b	1. ANSYS INC		2020-04-22	2023-01-09
c	2. IDEXX CORP		2022-09-06	2023-01-09
d	4. LIBERTY BROADBAND CORP		2020-04-22	2023-01-09
e	11. SUMMIT MATERIALS INC		2020-04-22	2023-01-09
	1. TRANSDIGM GROUP INC		2022-06-08	2023-01-09
	5. WIX.COM LTD		2021-01-15	2023-01-09
	2. AUTODESK INC		2021-04-12	2023-01-10
	4. KENNEDY-WILSON HOLDINGS INC		2020-04-22	2023-01-23
	5. ALIBABA GROUP HOLDING LTD ADR		2021-01-22	2023-01-25
	7. DEUTSCHE TELEKOM AG - ADR		2022-04-07	2023-01-25
	44. DEUTSCHE TELEKOM AG - ADR		2021-09-09	2023-01-25
	44. EISAI COMPANY - ADR		2021-07-28	2023-01-25
	44. HENKEL AG AND CO. KGAA ADR		2020-07-31	2023-01-25
	3. CREDIT ACCEPTANCE CORPMICHIGAN		2020-04-22	2023-02-06
	1. VERISK ANALYTICS INC		2020-04-22	2023-02-06
	56. SHIMANO INC-UNSPON ADR		2020-07-31	2023-02-15
	33. SAMPO OYJ-A SHS-UNSP ADR		2020-07-31	2023-02-17
	2. WIX.COM LTD		2020-04-22	2023-02-21
	25. GRACO INC		2018-03-15	2023-03-02
	3. ARES MANAGEMENT CORP-A		2023-02-06	2023-03-08
	2. FIRST REPUBLIC BANK/SAN FRANCI		2023-02-06	2023-03-08
	2. FIRST REPUBLIC BANK/SAN FRANCI		2022-04-07	2023-03-08
	8. NOVARTIS AG - ADR		2022-04-29	2023-03-08
	4. NOVARTIS AG - ADR		2021-03-02	2023-03-08
	1. TAIWAN SEMICONDUCTOR MANUFACTU - ADR		2022-08-25	2023-03-08
	8. TAIWAN SEMICONDUCTOR MANUFACTU - ADR		2020-07-31	2023-03-08
	1. TRANSDIGM GROUP INC		2022-11-09	2023-03-08
	10. NOVARTIS AG - ADR		2022-03-28	2023-03-09
	21. TDK CORPORATION - ADR		2020-07-31	2023-03-09
	1. FIRST REPUBLIC BANK/SAN FRANCI		2022-05-09	2023-03-13
	1. FIRST REPUBLIC BANK/SAN FRANCI		2023-02-06	2023-03-13
	11. FIRST REPUBLIC BANK/SAN FRANCI		2020-04-22	2023-03-13
	39. WORLDLINE SA/FRANCE ADR		2021-07-29	2023-03-16
	18. ALBANY INTL CORP NEW CL A		2020-02-28	2023-03-17
	6. MACQUARIE GROUP LTD-ADR		2022-10-21	2023-03-21
	5. MACQUARIE GROUP LTD-ADR		2020-07-31	2023-03-21
	14. ORIX CORPORATION - ADR		2020-07-31	2023-03-21
	28. AXA - ADR		2020-07-31	2023-03-22
	2. GUIDEWIRE SOFTWARE INC		2020-04-22	2023-03-27
	67. ING GROEP N.V. - ADR		2020-07-31	2023-03-29
	1. CORBIN MULTI STRATEGY FUND LLC		1950-01-01	2023-03-31
	1. CORBIN MULTI STRATEGY FUND LLC		1950-01-01	2023-03-31
	582. RECRUIT HOLDINGS CO LTD-ADR		2020-07-31	2023-04-18
	2. GUIDEWIRE SOFTWARE INC		2022-07-13	2023-04-27
	2. GUIDEWIRE SOFTWARE INC		2020-04-22	2023-04-27
	4. KENNEDY-WILSON HOLDINGS INC		2020-04-22	2023-04-27
	8. RLI CORP COM		2018-03-15	2023-05-02
	88. BARRATT DEVELOPMENTS-UNS ADR		2021-01-22	2023-05-03
	8. KENNEDY-WILSON HOLDINGS INC		2020-04-22	2023-05-03
	900. LLOYDS BANKING GROUP PLC - ADR		2021-10-29	2023-05-05
	2. KKR & CO INC -A		2022-06-24	2023-05-12
	3. KKR & CO INC -A		2023-03-08	2023-05-12
	5. KKR & CO INC -A		2022-04-07	2023-05-12
	4. LIBERTY BROADBAND CORP		2020-04-22	2023-05-12
	4. WIX.COM LTD		2020-04-22	2023-05-12
	61. AXA - ADR		2020-07-31	2023-05-26
	.0447 PHILIPS ELECTRONICS - NY SHR ADR		2020-07-31	2023-05-30
	5. DEUTSCHE TELEKOM AG - ADR		2023-05-15	2023-06-01
	40. DEUTSCHE TELEKOM AG - ADR		2022-01-14	2023-06-01
	39. KONINKLIJKE AHOLD-SP ADR		2022-04-12	2023-06-01
	1. ARES MANAGEMENT CORP-A		2022-04-07	2023-06-07
	3. COPART INC COM		2021-10-22	2023-06-07
	9. KKR & CO INC -A		2022-06-16	2023-06-07
	1. KKR & CO INC -A		2020-04-22	2023-06-07
	1. TRANSDIGM GROUP INC		2020-06-26	2023-06-07
	5. COPART INC COM		2021-10-22	2023-06-20
	3. FNF GROUP		2020-04-22	2023-06-20
	2. KKR & CO INC -A		2020-04-22	2023-06-20
	2. LIBERTY MEDIA CORP-LIBERTY FOR		2023-01-09	2023-06-20
	238. VALEO - ADR		2020-08-13	2023-06-21
	6. FNF GROUP		2020-04-22	2023-07-11
	1. MOODYS CORP		2022-04-27	2023-07-11
	3. WIX.COM LTD		2020-04-22	2023-07-11
	353. LLOYDS BANKING GROUP PLC - ADR		2022-08-25	2023-07-13
	1170. LLOYDS BANKING GROUP PLC - ADR		2021-10-29	2023-07-13
	29. SINGAPORE TELECOMMUNICATIONS LTD ADR		2020-07-31	2023-07-13
	42. VOLVO AB-B SHS-UNSPON ADR		2021-03-26	2023-07-13
	2. COPART INC COM		2021-12-07	2023-07-28
	4. ESAB CORP		2020-04-22	2023-07-28
	26. ROCHE HOLDINGS LTD - ADR		2021-07-28	2023-07-28
	134. SHIMANO INC-UNSPON ADR		2020-07-31	2023-07-28
	1. ATLANTA BRAVES HOLDINGS INC		2020-04-22	2023-08-02
	.715 EXTRA SPACE STORAGE INC		2022-05-03	2023-08-03
	1. MOODYS CORP		2022-05-31	2023-08-04
	2. WIX.COM LTD		2020-04-22	2023-08-04
	.448 ATLANTA BRAVES HOLDINGS INC		2020-04-22	2023-08-11
	1. LIBERTY MEDIA CORP-LIBERTY LIV		2020-04-22	2023-08-21
	4. NOVO NORDISK A/S - ADR		2023-01-25	2023-08-23
	16. UNILEVER PLC - ADR		2020-07-31	2023-08-23
	19. YAMAHA CORP-SPONSORED ADR		2021-07-08	2023-08-23
	25. INFINEON TECHNOLOGIES AG - ADR		2020-07-31	2023-08-25
	31. SAMPO OYJ-A SHS-UNSP ADR		2020-07-31	2023-08-25
	.969 LIBERTY MEDIA CORP-LIBERTY LIV		2020-04-22	2023-08-31
	33. KONINKLIJKE AHOLD-SP ADR		2022-04-12	2023-09-07
	119. WORLDLINE SA/FRANCE ADR		2021-07-29	2023-09-07
	83. YAMAHA CORP-SPONSORED ADR		2020-07-31	2023-09-07
	12. ALCON INC		2023-03-16	2023-09-07
	2. ALCON INC		2021-10-29	2023-09-07
	57. BLACK KNIGHT INC		2020-04-22	2023-09-11
	5. EQUINIX INC		2021-12-01	2023-09-12
	5. SUN CMNTYS INC COM		2022-08-03	2023-09-12
	31. VICI PROPERTIES INC		2019-05-23	2023-09-12
	1. DOLLAR GENERAL CORP		2022-12-12	2023-09-13
	13. DOLLAR GENERAL CORP		2020-04-22	2023-09-13
	.171 LIBERTY MEDIA CORP-LIBERTY LIV		2020-04-22	2023-09-13
	48. BURBERRY GROUP PLC-SPON ADR		2022-02-11	2023-09-19
	50. BURBERRY GROUP PLC-SPON ADR		2022-02-11	2023-09-21
	3. AUTODESK INC		2020-04-22	2023-09-22
	5. AIR PRODS & CHEMS INC COM		2020-04-22	2023-10-03
	.6872 PROSUS NV -SPON ADR		2023-09-19	2023-10-10
	18. CRODA INTERNATIONAL-UNS ADR		2023-05-05	2023-10-13
	9. CRODA INTERNATIONAL-UNS ADR		2020-07-31	2023-10-13
	44. DAIKIN INDUSTRIES-UNSPONADR ADR		2020-07-31	2023-10-13
	38. INDITEX-UNSPON ADR		2023-03-24	2023-10-13
	10. KERRY GROUP PLC-SPONS ADR		2020-07-31	2023-10-13
	11. SANDOZ GROUP AG ADR		2020-07-31	2023-10-13
	3. HOWARD HUGHES HOLDINGS INC		2020-04-22	2023-10-16
	.4 SANDOZ GROUP AG ADR		2022-03-28	2023-10-24
	46. INFINEON TECHNOLOGIES AG - ADR		2020-07-31	2023-10-26
	27. SAMPO OYJ-A SHS-UNSP ADR		2020-07-31	2023-10-26
	3. SCHNEIDER ELECTRIC SE - ADR		2023-03-09	2023-10-26
	34. SCHNEIDER ELECTRIC SE - ADR		2020-07-31	2023-10-26
	1. ALCON INC		2023-03-16	2023-10-26
	7. ALCON INC		2020-07-31	2023-10-26
	2. COPART INC COM		2023-03-08	2023-10-27
	2. COPART INC COM		2023-10-03	2023-10-27
	10. COPART INC COM		2021-06-21	2023-10-27
	2. HOWARD HUGHES HOLDINGS INC		2020-04-22	2023-10-27
	1. MOODYS CORP		2022-09-23	2023-10-27
	1. TRANSDIGM GROUP INC		2020-05-05	2023-10-27
	6. TRANSUNION		2020-04-22	2023-10-27
	2. EQUINIX INC		2022-05-03	2023-11-02
	28. INVITATION HOMES INC		2018-05-25	2023-11-02
	97. MANDATUM OYJ (DMD RECEIVED SHARES)		2023-10-02	2023-11-06
	1. MOODYS CORP		2022-10-19	2023-11-10
	25. ORSTED A/S-UNSP ADR		2022-12-21	2023-11-10
	41. ORSTED A/S-UNSP ADR		2023-09-07	2023-11-10
	106. ORSTED A/S-UNSP ADR		2020-07-31	2023-11-10
	21. TDK CORPORATION - ADR		2020-07-31	2023-11-10
	25. TRANSUNION		2020-04-22	2023-11-10
	4. AGILENT TECHNOLOGIES INC		2023-01-09	2023-11-17
	1. AGILENT TECHNOLOGIES INC		2023-10-16	2023-11-17
	22. AGILENT TECHNOLOGIES INC		2020-11-25	2023-11-17
	37. ALBANY INTL CORP NEW CL A		2020-02-28	2023-11-17
	105. AMERICAN SOFTWARE -CL A		2018-03-15	2023-11-17
	4. ANSYS INC		2020-04-22	2023-11-17
	14. ARES MANAGEMENT CORP-A		2021-05-04	2023-11-17
	49. ARMSTRONG WORLD INDUSTRIES INC		2020-07-01	2023-11-17
	19. AUTODESK INC		2020-04-22	2023-11-17
	21. BADGER METER INC		2018-03-15	2023-11-17
	59. BANK HAWAII CORP		2018-03-15	2023-11-17
	33. BROOKFIELD CORP		2022-12-22	2023-11-17
	75. BROOKFIELD CORP		2023-06-07	2023-11-17
	238. BROOKFIELD CORP		2020-04-22	2023-11-17
	4. BROOKFIELD INFRASTRUCTURE-A		2023-05-12	2023-11-17
	62. BROOKFIELD INFRASTRUCTURE-A		2023-08-21	2023-11-17
	111. BROOKFIELD INFRASTRUCTURE-A		2020-04-22	2023-11-17
	11. BROOKFIELD RENEWABLE COR-A		2023-06-20	2023-11-17
	81. BROOKFIELD RENEWABLE COR-A		2020-09-09	2023-11-17
	2. BROOKFIELD ASSET MANAGEMENT LT		2023-01-09	2023-11-17
	59. BROOKFIELD ASSET MANAGEMENT LT		2020-04-22	2023-11-17
	87. AZENTA INC		2018-03-15	2023-11-17
	19. BROWN & BROWN INC		2022-11-23	2023-11-17
	2. BROWN & BROWN INC		2023-09-13	2023-11-17
	82. BROWN & BROWN INC		2020-04-22	2023-11-17
	11. BROWN FORMAN CORP CL B		2023-10-27	2023-11-17
	3. BROWN FORMAN CORP CL B		2020-04-22	2023-11-17
	1. CBRE GROUP INC		2022-12-12	2023-11-17
	12. CBRE GROUP INC		2023-07-11	2023-11-17
	44. CBRE GROUP INC		2020-04-22	2023-11-17
	2. CARMAX INC		2023-03-08	2023-11-17
	74. CARMAX INC		2020-04-22	2023-11-17
	122. CHEESECAKE FACTORY INC COM		2018-03-15	2023-11-17
	11. COGNEX CORP		2020-04-22	2023-11-17
	5. ENOVIS CORP		2020-04-22	2023-11-17
	137. CONSTRUCTION PARTNERS INC		2020-06-11	2023-11-17
	4. COPART INC COM		2022-12-22	2023-11-17
	266. COPART INC COM		2020-04-22	2023-11-17
	9. COSTAR GROUP, INC		2023-08-02	2023-11-17
	124. COSTAR GROUP, INC		2020-04-22	2023-11-17
	2. DOMINOS PIZZA INC		2023-01-09	2023-11-17
	12. DOMINOS PIZZA INC		2020-04-22	2023-11-17
	138. EVERTEC INC		2020-09-15	2023-11-17
	63. FASTENAL CO		2020-04-22	2023-11-17
	50. FIRST FINL BANKSHARES INC		2018-03-15	2023-11-17
	64. FULLER H B CO		2022-11-29	2023-11-17
	5. GARTNER INC		2023-06-20	2023-11-17
	8. GARTNER INC		2020-04-22	2023-11-17
	32. GETTY RLTY CORP COM		2023-03-03	2023-11-17
	83. GETTY RLTY CORP COM		2022-11-02	2023-11-17
	27. GRACO INC		2018-03-15	2023-11-17
	7. HEICO CORP CL A		2022-12-22	2023-11-17
	8. HEICO CORP CL A		2023-06-07	2023-11-17
	63. HEICO CORP CL A		2020-04-22	2023-11-17
	15. HENRY JACK & ASSOC INC COM		2018-03-15	2023-11-17
	183. HILLMAN SOLUTIONS CORP		2023-03-01	2023-11-17
	378. HILLMAN SOLUTIONS CORP		2022-04-13	2023-11-17
	4. HILTON WORLDWIDE HOLDINGS IN		2022-12-12	2023-11-17
	2. HILTON WORLDWIDE HOLDINGS IN		2023-09-13	2023-11-17
	56. HILTON WORLDWIDE HOLDINGS IN		2020-04-22	2023-11-17
	61. HOULIHAN LOKEY INC		2018-03-15	2023-11-17
	14. HOWARD HUGHES HOLDINGS INC		2020-04-22	2023-11-17
	20. HYATT HOTELS CORP		2020-04-22	2023-11-17
	5. IDEXX CORP		2020-04-22	2023-11-17
	26. JOHN BEAN TECHNOLOGIES CORP		2020-09-10	2023-11-17
	2. KKR & CO INC -A		2023-11-10	2023-11-17
	137. KKR & CO INC -A		2020-04-22	2023-11-17
	32. LAKELAND FINL CORP		2022-02-10	2023-11-17
	28. LANDSTAR SYS INC COM		2018-03-15	2023-11-17
	187. LATHAM GROUP INC		2021-04-23	2023-11-17
	38. LENNAR CORPORATION CLASS A COMMON		2020-04-22	2023-11-17
	210. LESLIE'S INC		2023-09-21	2023-11-17
	346. LESLIE'S INC		2020-11-02	2023-11-17
	46. LIBERTY MEDIA CORP-LIBERTY FOR		2020-04-22	2023-11-17
	4. LIBERTY MEDIA CORP-LIBERTY FOR		2020-04-22	2023-11-17
	6. LIVE NATION ENT INC		2022-11-23	2023-11-17
	55. LIVE NATION ENT INC		2020-06-03	2023-11-17
	3. MSCI INC		2023-09-13	2023-11-17
	3. MSCI INC		2020-04-22	2023-11-17
	5. MARKEL HOLDINGS		2020-04-22	2023-11-17
	8. MARTIN MARIETTA MATLS INC COM		2020-04-22	2023-11-17
	1. MICROCHIP TECHNOLOGY INC COM		2023-10-03	2023-11-17
	50. MICROCHIP TECHNOLOGY INC COM		2020-04-22	2023-11-17
	6. MOODYS CORP		2020-04-22	2023-11-17
	89. NATIONAL BEVERAGE CORP		2018-03-15	2023-11-17
	12. O'REILLY AUTOMOTIVE INC		2020-04-22	2023-11-17
	26. PRIMERICA INC		2018-03-15	2023-11-17
	1. PROGRESSIVE CORP OHIO		2022-11-23	2023-11-17
	2. PROGRESSIVE CORP OHIO		2023-06-07	2023-11-17
	25. PROGRESSIVE CORP OHIO		2020-04-22	2023-11-17
	29. RLI CORP COM		2018-03-15	2023-11-17
	21. RBC BEARINGS INC		2018-03-15	2023-11-17
	3. ROPER TECHNOLOGIES INC		2023-01-09	2023-11-17
	14. ROPER TECHNOLOGIES INC		2020-04-22	2023-11-17
	1. ROSS STORES INC		2023-11-10	2023-11-17
	7. ROSS STORES INC		2020-04-22	2023-11-17
	2. SBA COMMUNICATIONS CORP		2023-07-11	2023-11-17
	13. SBA COMMUNICATIONS CORP		2020-04-22	2023-11-17
	8. SBA COMMUNICATIONS CORP		2020-04-22	2023-11-17
	47. THE SCOTTS MIRACLE-GRO COMPANY CL A		2018-03-15	2023-11-17
	5. SHERWIN WILLIAMS CO		2023-10-03	2023-11-17
	30. SITEONE LANDSCAPE SUPPLY INC		2018-03-15	2023-11-17
	65. STOCK YDS BANCORP INC		2020-09-02	2023-11-17
	30. SUMMIT MATERIALS INC		2020-04-22	2023-11-17
	57. THOR INDS INC		2018-03-15	2023-11-17
	14. TRANSDIGM GROUP INC		2020-04-22	2023-11-17
	2. TYLER TECHNOLOGIES INC		2023-02-06	2023-11-17
	1. TYLER TECHNOLOGIES INC		2023-10-27	2023-11-17
	11. TYLER TECHNOLOGIES INC		2020-06-26	2023-11-17
	24. UNIFIRST CORP MASS		2019-08-01	2023-11-17
	1. VAIL RESORTS INC COM		2022-11-23	2023-11-17
	13. VAIL RESORTS INC COM		2020-04-22	2023-11-17
	2. VERISIGN INC COM		2023-09-22	2023-11-17
	21. VERISIGN INC COM		2020-04-22	2023-11-17
	11. VERISK ANALYTICS INC		2020-04-22	2023-11-17
	1. VULCAN MATERIALS COMPANY		2023-11-10	2023-11-17
	36. VULCAN MATERIALS COMPANY		2020-04-22	2023-11-17
	19. WD 40 CO		2018-03-15	2023-11-17
	3. WATERS CORP		2023-05-12	2023-11-17
	1. WATERS CORP		2023-06-20	2023-11-17
	23. WATSCO INC CL A		2018-03-15	2023-11-17
	6. AON PLC		2020-04-22	2023-11-17
	49. ARCH CAPITAL GROUP LTD		2020-04-22	2023-11-17
	3. ARCH CAPITAL GROUP LTD		2020-04-22	2023-11-17
	96. PERIMETER SOLUTIONS SA		2021-11-29	2023-11-17
	9. WIX.COM LTD		2020-04-22	2023-11-17
	21. BIONTECH SE-ADR		2021-12-13	2023-12-01
	22. SHISEIDO CO., LTD. - ADR		2023-08-25	2023-12-08
	63. SHISEIDO CO., LTD. - ADR		2020-07-31	2023-12-08
	29. SSE PLC-SPN ADR		2022-06-08	2023-12-13
	9. SAP SE		2020-07-31	2023-12-13
	61. ASSA ABLOY AB-UNSP ADR		2020-07-31	2023-12-21
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	21	8	13
b	249	260	-11
c	906	678	228
d	332	485	-153
e	327	126	201
	653	625	28
	387	1,141	-754
	387	585	-198
	68	45	23
	601	1,296	-695
	156	135	21
	978	926	52
	2,815	3,749	-934
	736	977	-241
	1,534	769	765
	177	149	28
	901	1,237	-336
	799	602	197
	164	331	-167
	1,745	1,166	579
	249	254	-5
	230	284	-54
	230	307	-77
	668	707	-39
	334	355	-21
	90	87	3
	720	628	92
	765	590	175
	806	873	-67
	744	785	-41
	23	180	-157
	23	142	-119
	252	1,167	-915
	797	1,884	-1,087
	1,601	1,169	432
	691	610	81
	576	487	89
	1,141	848	293
	826	572	254
	153	174	-21
	790	471	319
	23,689	146,931	-123,242
	1,247	6,486	-5,239
	3,276	3,834	-558
	151	143	8
	151	174	-23
	65	44	21
	1,109	509	600
	1,099	1,535	-436
	131	88	43
	2,069	2,562	-493
	97	96	1
	145	170	-25
	241	268	-27
	307	422	-115
	303	536	-233
	1,770	1,245	525
	1	2	-1
	113	118	-5
	903	770	133
	1,232	1,255	-23
	90	77	13
	259	229	30
	493	405	88
	55	22	33
	802	420	382
	440	381	59
	103	76	27
	113	45	68
	155	127	28
	2,570	3,727	-1,157
	219	152	67
	339	323	16
	230	402	-172
	819	738	81
	2,715	3,158	-443
	561	524	37
	909	1,120	-211
	177	152	25
	269	117	152
	1,005	1,235	-230
	2,041	2,952	-911
	39	14	25
	98	103	-5
	342	303	39
	193	268	-75
	17	8	9
	34	13	21
	760	557	203
	811	952	-141
	591	1,018	-427
	869	625	244
	670	565	105
	32	11	21
	1,018	1,062	-44
	1,722	4,088	-2,366
	2,491	3,905	-1,414
	984	801	183
	164	166	-2
	4,324	3,840	484
	3,866	4,065	-199
	614	806	-192
	974	674	300
	121	246	-125
	1,573	2,583	-1,010
	5	2	3
	1,241	1,291	-50
	1,236	1,345	-109
	615	545	70
	1,405	1,065	340
	4	4
	476	784	-308
	238	348	-110
	667	778	-111
	678	593	85
	775	1,355	-580
	340	240	100
	206	151	55
	11	9	2
	1,435	1,149	286
	579	492	87
	88	100	-12
	1,003	923	80
	70	67	3
	489	425	64
	85	71	14
	85	85
	426	355	71
	132	101	31
	302	251	51
	818	343	475
	261	427	-166
	1,530	1,445	85
	862	636	226
	365	379	-14
	343	241	102
	352	746	-394
	577	726	-149
	1,491	4,983	-3,492
	855	785	70
	1,305	1,777	-472
	452	578	-126
	113	111	2
	2,484	2,764	-280
	3,161	2,149	1,012
	1,050	1,260	-210
	1,198	1,039	159
	1,497	754	743
	4,068	3,797	271
	4,118	3,313	805
	3,120	1,021	2,099
	3,340	4,988	-1,648
	1,119	1,041	78
	2,542	2,458	84
	8,068	6,406	1,662
	126	182	-56
	1,958	2,021	-63
	3,505	3,675	-170
	287	309	-22
	2,110	3,301	-1,191
	67	63	4
	1,981	1,509	472
	4,794	2,479	2,315
	1,385	1,113	272
	146	147	-1
	5,978	3,511	2,467
	644	613	31
	176	180	-4
	78	76	2
	937	995	-58
	3,436	1,973	1,463
	128	142	-14
	4,747	5,284	-537
	3,973	4,882	-909
	407	737	-330
	255	194	61
	5,833	2,824	3,009
	201	120	81
	13,395	5,230	8,165
	743	695	48
	10,231	8,920	1,311
	747	683	64
	4,485	4,501	-16
	4,823	5,353	-530
	3,826	2,277	1,549
	1,359	1,214	145
	4,806	4,747	59
	2,088	1,768	320
	3,341	832	2,509
	921	1,077	-156
	2,388	2,590	-202
	2,170	1,259	911
	954	901	53
	1,090	1,045	45
	8,587	6,684	1,903
	2,287	1,875	412
	1,312	1,467	-155
	2,709	3,576	-867
	674	530	144
	337	309	28
	9,430	4,396	5,034
	6,329	2,749	3,580
	1,032	705	327
	2,307	1,108	1,199
	2,312	1,391	921
	2,763	2,580	183
	134	126	8
	9,176	3,062	6,114
	1,829	2,577	-748
	4,831	3,121	1,710
	482	4,540	-4,058
	4,853	1,597	3,256
	1,201	1,073	128
	1,978	7,178	-5,200
	2,899	1,200	1,699
	228	91	137
	537	423	114
	4,920	3,242	1,678
	1,560	1,584	-24
	1,560	964	596
	7,020	4,464	2,556
	3,699	1,425	2,274
	83	77	6
	4,172	1,934	2,238
	2,140	1,428	712
	4,254	2,606	1,648
	11,652	4,625	7,027
	5,430	2,621	2,809
	158	131	27
	317	260	57
	3,960	2,256	1,704
	3,862	1,844	2,018
	5,078	2,657	2,421
	1,575	1,293	282
	7,351	5,080	2,271
	129	122	7
	904	576	328
	467	460	7
	3,037	3,848	-811
	1,869	2,431	-562
	2,706	3,872	-1,166
	1,351	1,254	97
	4,149	2,107	2,042
	3,024	3,042	-18
	1,030	343	687
	5,834	4,765	1,069
	13,422	4,325	9,097
	823	660	163
	412	367	45
	4,528	4,385	143
	4,101	4,599	-498
	226	256	-30
	2,934	2,035	899
	420	392	28
	4,407	4,399	8
	2,603	1,640	963
	212	211	1
	7,649	3,944	3,705
	4,182	2,674	1,508
	785	806	-21
	262	262
	8,953	4,021	4,932
	1,975	1,178	797
	4,103	1,290	2,813
	251	76	175
	391	1,131	-740
	873	1,206	-333
	2,061	5,038	-2,977
	575	904	-329
	1,648	3,431	-1,783
	697	642	55
	1,435	1,431	4
	864	684	180
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430
			33,430

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			13
b			-11
c			228
d			-153
e			201
			28
			-754
			-198
			23
			-695
			21
			52
			-934
			-241
			765
			28
			-336
			197
			-167
			579
			-5
			-54
			-77
			-39
			-21
			3
			92
			175
			-67
			-41
			-157
			-119
			-915
			-1,087
			432
			81
			89
			293
			254
			-21
			319
			-123,242
			-5,239
			-558
			8
			-23
			21
			600
			-436
			43
			-493
			1
			-25
			-27
			-115
			-233
			525
			-1
			-5
			133
			-23
			13
			30
			88
			33
			382
			59
			27
			68
			28
			-1,157
			67
			16
			-172
			81
			-443
			37
			-211
			25
			152
			-230
			-911
			25
			-5
			39
			-75
			9
			21
			203
			-141
			-427
			244
			105
			21
			-44
			-2,366
			-1,414
			183
			-2
			484
			-199
			-192
			300
			-125
			-1,010
			3
			-50
			-109
			70
			340

			-308
			-110
			-111
			85
			-580
			100
			55
			2
			286
			87
			-12
			80
			3
			64
			14

			71
			31
			51
			475
			-166
			85
			226
			-14
			102
			-394
			-149
			-3,492
			70
			-472
			-126
			2
			-280
			1,012
			-210
			159
			743
			271
			805
			2,099
			-1,648
			78
			84
			1,662
			-56
			-63
			-170
			-22
			-1,191
			4
			472
			2,315
			272
			-1
			2,467
			31
			-4
			2
			-58
			1,463
			-14
			-537
			-909
			-330
			61
			3,009
			81
			8,165
			48
			1,311
			64
			-16
			-530
			1,549
			145
			59
			320
			2,509
			-156
			-202
			911
			53
			45
			1,903
			412
			-155
			-867
			144
			28
			5,034
			3,580
			327
			1,199
			921
			183
			8
			6,114
			-748
			1,710
			-4,058
			3,256
			128
			-5,200
			1,699
			137
			114
			1,678
			-24
			596
			2,556
			2,274
			6
			2,238
			712
			1,648
			7,027
			2,809
			27
			57
			1,704
			2,018
			2,421
			282
			2,271
			7
			328
			7
			-811
			-562
			-1,166
			97
			2,042
			-18
			687
			1,069
			9,097
			163
			45
			143
			-498
			-30
			899
			28
			8
			963
			1
			3,705
			1,508
			-21

			4,932
			797
			2,813
			175
			-740
			-333
			-2,977
			-329
			-1,783
			55
			4
			180

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-14,888
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	1,109
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	1,109
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	1,109
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	924
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	185
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	1,109
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax0	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

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

on foundation managers. right arrow

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

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

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address right arrow

N/A

The books are in care of right arrow

WELLS FARGO BANK NA Telephone no. right arrow

(800) 352-3705

Located at right arrow

100 N MAIN ST FL 5D4001-052WINSTON SALEMNC ZIP+4 right arrow

27101

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Form 990-PF (2023)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

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)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2023? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2023?....................

If "Yes," list the years right arrow

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2023.) .....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..

Form 990-PF (2023)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

Yes

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

List of Attached Documents:

// Content

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
WELLS FARGO BANK N A	TRUSTEE 1	55,687
100 N Main St FL 5D4001-052 WINSTON SALEM,NC27101	TRUSTEE 1	55,687

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2023)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2023)

Page 8

Part IX

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

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

purposes:

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

4,377,505

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

90,537

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

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

4,468,042

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

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

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

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

4,468,042

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

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

67,021

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

4,401,021

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

220,051

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

220,051

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

1,109

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

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

1,109

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

218,942

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

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

218,942

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

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

218,942

Part XI

Qualifying Distributions (see instructions)

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

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

169,256

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

169,256

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					218,942
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				27,634
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	0
b From 2019......	0
c From 2020......	0
d From 2021......	0
e From 2022......	0
f Total of lines 3a through e ........		0
4Qualifying distributions for 2023 from Part
XI, line 4: $ 169,256
a Applied to 2022, but not more than line 2a				27,634
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....					141,622
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2023.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					77,320
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2019....	0
b Excess from 2020....	0
c Excess from 2021....	0
d Excess from 2022....	0
e Excess from 2023....	0

Form 990-PF (2023)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2023	(b) 2022	(c) 2021	(d) 2020	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

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

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

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

cAny submission deadlines:

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

Form 990-PF (2023)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ACTS RETIREMENT LIFE COMMUNITIES 375 MORRIS ROAD WEST POINT,PA19486	NONE	PC	GENERAL OPERATING	5,000
HISTORICAL SOCIETY OF DELAWARE 505 N MARKET ST WILMINGTON,DE19801	NONE	PC	GENERAL OPERATING	52,499
DELAWARE CURATIVE WORKSHOP 1600 WASHINGTON STREET WILMINGTON,DE19806	NONE	NC	CHARITABLE PURPOSE	52,499
THE GRAND OPERA HOUSE 818 N MARKET ST WILMINGTON,DE19801	NONE	PC	GENERAL OPERATING	52,499
DELAWARE ZOOLOGICAL SOCIETY INC 1001 N PARK DR WILMINGTON,DE19802	NONE	PC	GENERAL OPERATING	52,499
Total ................................. 3a				214,996

bApproved for future payment

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

Form 990-PF (2023)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	139,772
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	-14,888
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aFEDERAL TAX REFUND			1	2,116
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				127,000

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

127,000

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2023)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

Yes

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements
1a(1)	52,499	DELAWARE CURATIVE WORKSHOP	CASH

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Stock	End of Year Book Value	End of Year Fair Market Value
686330101 ORIX CORPORATION - A	3,352	5,790
143130102 CARMAX INC
192422103 COGNEX CORP
477839104 JOHN BEAN TECHNOLOGI
530307107 LIBERTY BROADBAND CO
615369105 MOODYS CORP
049255805 ATLAS COPCO AB ADR	4,201	6,241
79588J102 SAMPO OYJ-A SHS-UNSP	3,379	4,237
66987V109 NOVARTIS AG - ADR	4,505	5,755
441593100 HOULIHAN LOKEY INC
893641100 TRANSDIGM GROUP INC
515098101 LANDSTAR SYS INC COM
86614U100 SUMMIT MATERIALS INC
68750L102 ORSTED A/S-UNSP ADR
942622200 WATSCO INC CL A
670100205 NOVO NORDISK A/S - A	2,264	6,828
30040P103 EVERTEC INC
492460100 KERRY GROUP PLC-SPON	5,123	3,324
929236107 WD 40 CO
422806208 HEICO CORP CL A
426281101 HENRY JACK & ASSOC I
217204106 COPART INC COM
904708104 UNIFIRST CORP MASS
045387107 ASSA ABLOY AB-UNSP A	3,628	4,717
256677105 DOLLAR GENERAL CORP
929160109 VULCAN MATERIALS COM
056525108 BADGER METER INC
163072101 CHEESECAKE FACTORY I
573284106 MARTIN MARIETTA MATL
776696106 ROPER TECHNOLOGIES I
74164M108 PRIMERICA INC
92345Y106 VERISK ANALYTICS INC
80687P106 SCHNEIDER ELECTRIC S	5,076	8,690
55354G100 MSCI INC
527064109 LESLIE'S INC
456837103 ING GROEP N.V. - ADR	3,692	7,886
32020R109 FIRST FINL BANKSHARE
237545108 DASSAULT SYSTEMES S.	2,117	2,843
029683109 AMERICAN SOFTWARE -C
12504L109 CBRE GROUP INC
366651107 GARTNER INC
443251103 HOYA CORP ADR	4,179	5,230
82929R304 SINGAPORE TELECOMMUN	2,438	2,523
531229854 LIBERTY FORMULA ONE
861025104 STOCK YDS BANCORP IN
41043M104 HANG LUNG PPTYS LTD	3,934	2,213
40171V100 GUIDEWIRE SOFTWARE I
45168D104 IDEXX CORP
384109104 GRACO INC
M98068105 WIX.COM LTD
001317205 AIA GROUP LTD-SP ADR	4,190	4,022
23381B106 DAIKIN INDUSTRIES-UN	5,203	4,770
115637209 BROWN FORMAN CORP CL
82455C101 SHIMANO INC-UNSPON A
749607107 RLI CORP COM
33616C100 FIRST REPUBLIC BANK/
89400J107 TRANSUNION
570535104 MARKEL HOLDINGS
82982L103 SITEONE LANDSCAPE SU
11284V105 BROOKFIELD RENEWABLE
115236101 BROWN & BROWN INC
902252105 TYLER TECHNOLOGIES I
09215C105 BLACK KNIGHT INC
054536107 AXA - ADR	3,625	5,949
00846U101 AGILENT TECHNOLOGIES
G0450A105 ARCH CAPITAL GROUP L
55607P204 MACQUARIE GROUP LTD-	4,499	5,995
538034109 LIVE NATION ENT INC
67103H107 O'REILLY AUTOMOTIVE
25754A201 DOMINOS PIZZA INC
69366X100 BANK RAKYAT INDONESI	1,841	3,224
052769106 AUTODESK INC
984627109 YAMAHA CORP-SPONSORE
448579102 HYATT HOTELS CORP
22160N109 COSTAR GROUP, INC
04247X102 ARMSTRONG WORLD INDU
489398107 KENNEDY-WILSON HOLDI
530307305 LIBERTY BROADBAND CO
227047305 CRODA INTERNATIONAL-	3,653	3,162
635017106 NATIONAL BEVERAGE CO
44267D107 HOWARD HUGHES CORP/T
531229870 LIBERTY FORMULA ONE
595017104 MICROCHIP TECHNOLOGY
872351408 TDK CORPORATION - AD	2,270	2,934
874039100 TAIWAN SEMICONDUCTOR	2,041	2,704
009126202 AIR LIQUIDE - ADR	2,992	3,856
919134304 VALEO SA-SPON ADR
012348108 ALBANY INTL CORP NEW
771195104 ROCHE HOLDINGS LTD -	8,421	7,101
778296103 ROSS STORES INC
885160101 THOR INDS INC
810186106 THE SCOTTS MIRACLE-G
904767704 UNILEVER PLC - ADR	9,305	7,854
31620R303 FNF GROUP
92343E102 VERISIGN INC COM
74440L106 PRYSMIAN SPA-UNSPONS	3,806	5,786
009158106 AIR PRODS & CHEMS IN
225310101 CREDIT ACCEPTANCE CO
526057104 LENNAR CORPORATION C
43300A203 HILTON WORLDWIDE HOL
21044C107 CONSTRUCTION PARTNER
03662Q105 ANSYS INC
062540109 BANK HAWAII CORP
48251W104 KKR & CO INC -A
743315103 PROGRESSIVE CORP OHI
91879Q109 VAIL RESORTS INC COM
068334101 BARRATT DEVELOPMENTS	3,529	3,609
311900104 FASTENAL CO
824841407 SHISEIDO CO., LTD. -
251566105 DEUTSCHE TELEKOM AG	6,893	9,604
925458101 VESTAS WIND SYS A/S	4,846	5,790
01609W102 ALIBABA GROUP HOLDIN	6,705	2,790
75629J101 RECRUIT HOLDINGS CO
H01301128 ALCON INC	2,338	3,047
G0403H108 AON PLC
42550U109 HENKEL AG AND CO. KG	2,782	2,473
75524B104 RBC BEARINGS INC
11275Q107 BROOKFIELD INFRASTRU
45662N103 INFINEON TECHNOLOGIE	2,699	4,562
500472303 PHILIPS ELECTRONICS	50	23
114340102 AZENTA INC
803054204 SAP SE ADR	4,760	5,101
98161H101 WORLDLINE SA/FRANCE
690333109 OVERSEA-CHINESE BANK	7,277	7,962
09075V102 BIONTECH SE-ADR
928854108 VOLVO AB-B SHS-UNSPO	4,040	4,229
539439109 LLOYDS BANKING GROUP
L7579L106 PERIMETER SOLUTIONS
282579309 EISAI COMPANY - ADR
51819L107 LATHAM GROUP INC
835699307 SONY GROUP CORP - SP	5,929	5,776
03990B101 ARES MANAGEMENT CORP
05606L100 BYD COMPANY LIMITED	4,764	4,035
11271J107 BROOKFIELD CORP
431636109 HILLMAN SOLUTIONS CO
359694106 FULLER H B CO
12082W204 BURBERRY GROUP PLC-S
113004105 BROOKFIELD ASSET MAN
511656100 LAKELAND FINL CORP
502117203 L'OREAL - ADR	5,392	7,158
500467501 KONINKLIJKE AHOLD-SP	5,191	5,195
78467K107 SSE PLC-SPN ADR	6,922	7,879
194014502 ENOVIS CORP
046353108 ASTRAZENECA PLC ADR	7,388	7,745
29605J106 ESAB CORP
045055100 ASHTEAD GROUP PLC-UN	2,612	2,843
12637N204 CSL LTE-SPONSORED AD	3,379	3,692
15117X105 CELLNEX TELECOM SAU-	3,959	3,810
23341C103 DNB BANK ASA ADR	5,080	5,426
233825207 MERCEDES-BENZ GROUP	3,893	3,482
361ESC049 ESC GCI LIBERTY INC
410693105 HANNOVER RUECKVERSIC	4,403	4,902
455793109 INDITEX-UNSPON ADR	4,172	5,954
606822104 MITSUBISHI UFJ FINL	4,416	4,546
626425102 MURATA MANUFACTUR-UN	2,718	2,955
74365P108 PROSUS NV -SPON ADR	2,437	2,356
759530108 RELX PLC ADR	2,174	2,181
761681105 REXEL SA ADR	3,764	4,411
78663S201 ADR SAGE GROUP PLC +	2,646	3,119
N07059210 ASML HOLDING NV-NY R	3,593	4,542

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
31641Q755 FIDELITY NEW MRKTS I	AT COST	170,444	138,870
003261104 ABRDN BLOOMBERG ALL	AT COST	45,521	35,855
256219106 DODGE & COX STOCK FU	AT COST	391,323	465,007
77954Q403 T ROWE PRICE BLUE CH	AT COST	288,181	627,895
133131102 CAMDEN PPTY TR SH BE	AT COST	6,454	7,447
53223X107 LIFE STORAGE INC
GTY995331 AGILITY MULTI-ASSET	AT COST	125,000	109,222
464287200 ISHARES CORE S & P 5	AT COST	196,992	818,180
19248X604 COHEN & STEERS PR SE	AT COST	147,676	131,767
015271109 ALEXANDRIA REAL ESTA	AT COST	9,555	10,142
74256W485 PRINCIPAL PREFERRED	AT COST	80,000	75,823
828806109 SIMON PROPERTY GROUP	AT COST	9,710	8,273
464287655 ISHARES RUSSELL 2000	AT COST	121,886	154,948
693390593 PIMCO MODERATE DURAT	AT COST	86,271	73,212
003021714 ABERDEEN EMERG MARKE	AT COST	107,000	99,498
693390841 PIMCO HIGH YIELD FD-	AT COST	279,782	260,872
02665T306 AMERICAN HOMES 4 REN	AT COST	8,808	11,255
374297109 GETTY RLTY CORP COM
59522J103 MID AMERICA APARTMEN	AT COST	7,046	7,799
866674104 SUN CMNTYS INC COM	AT COST	12,912	16,573
55274K702 MFS CORPORATE BOND-R	AT COST	100,000	84,846
72201W394 PIMCO CRDT OPPRT BND	AT COST	49,900	47,172
29444U700 EQUINIX INC	AT COST	14,435	29,799
46187W107 INVITATION HOMES INC	AT COST	5,946	10,301
GTC996442 CORBIN MULTI STRATEG
00888Y847 INVESCO BAL RSK COMM	AT COST	67,956	90,470
74340W103 PROLOGIS INC	AT COST	14,847	31,992
00143W859 INV OPP DEVELOP MRKT	AT COST	92,750	108,033
03750L109 APARTMENT INCOME REI	AT COST	12,572	9,377
313745101 FEDERAL REALTY INVES	AT COST	5,383	6,389
88146M101 TERRENO REALTY CORP	AT COST	9,727	11,531
95040Q104 WELLTOWER INC	AT COST	10,384	16,411
36467J108 GAMING AND LEISURE P	AT COST	7,317	7,896
925652109 VICI PROPERTIES INC	AT COST	7,808	11,604
464287481 ISHARES RUSSELL MID-	AT COST	46,987	340,122
35086T109 FOUR CORNERS PROPERT	AT COST	9,573	10,474
000843201 ACAP STRATEGIC FUND-	AT COST	150,000	160,258
03027X100 AMERICAN TOWER CORP	AT COST	20,072	30,007
78410G104 SBA COMMUNICATIONS C	AT COST	15,654	18,773
30225T102 EXTRA SPACE STORAGE	AT COST	11,972	16,674
722005667 PIMCO COMMODITY REAL	AT COST	40,000	39,183
72201R833 PIMCO ENHANCED SHORT	AT COST	99,994	99,990
921937793 VANGUARD LONG-TERM B	AT COST	84,842	89,645

Description	Amount
MUTUAL FUND TIMING ADJUSTMENT	617
PY RETURN OF CAPITAL ADJUSTMENT	3,116
TAX LOT BASIS ADJUSTMENT	2,667
RETURN OF CAPITAL ON CY SALES	93

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	1,816	1,816		0
FOREIGN TAXES ON NONQUALIFIED	113	113		0