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 08-01-2023 , and ending 07-31-2024
Name of foundation
JOE & HELEN M CLEMENTS FOUNDATION XXXXX9005
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

74-6245117
B Telephone number (see instructions)

(800) 496-2583
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$2,224,869J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 65,258 61,452  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 16,240
b Gross sales price for all assets on line 6a 445,935
7 Capital gain net income (from Part IV, line 2)... 16,240
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).......      
12 Total. Add lines 1 through 11........ 81,498 77,692  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 27,790 16,220   11,570
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).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,832 875   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 30,622 17,095 0 11,570
25 Contributions, gifts, grants paid....... 87,636 87,636
26 Total expenses and disbursements. Add lines 24 and 25 118,258 17,095 0 99,206
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -36,760
b Net investment income (if negative, enter -0-) 60,597
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,620 2,008 2,008
2 Savings and temporary cash investments......... 22,982 22,204 22,204
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 839,481 Click to see attachment
List of Attached Documents:
// Content
755,316 		1,249,258
c Investments—corporate bonds (attach schedule)....... 844,036 Click to see attachment
List of Attached Documents:
// Content
878,503 		840,250
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).......... 103,660 Click to see attachment
List of Attached Documents:
// Content
108,530 		111,149
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) 1,811,779 1,766,561 2,224,869
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,811,779 1,766,561
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)..... 1,811,779 1,766,561
30 Total liabilities and net assets/fund balances (see instructions). 1,811,779 1,766,561
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
1,811,779
2
Enter amount from Part I, line 27a .....................
2
-36,760
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
12
4
Add lines 1, 2, and 3 ..........................
4
1,775,031
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
8,470
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,766,561
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 1. EXXON MOBIL CORP   2022-06-16 2023-08-01
b 1. PRICE T ROWE GROUP INC   2009-07-17 2023-08-01
c 2216.083 BLACKROCK EVNT DRVN EQ-INST     2023-08-07
d 1. PRICE T ROWE GROUP INC   2009-07-17 2023-08-08
e 1. CAPITAL ONE FINL CORP   2021-01-07 2023-08-09
1. PRICE T ROWE GROUP INC   2009-07-17 2023-08-09
1. AMERICAN EXPRESS CO   2023-07-10 2023-08-10
2. TJX COS INC NEW   2022-04-21 2023-08-10
1. MONDELEZ INTERNATIONAL-W/I   2022-03-07 2023-08-14
2. MONDELEZ INTERNATIONAL-W/I     2023-08-14
1. PRICE T ROWE GROUP INC   2009-07-17 2023-08-15
2. TJX COS INC NEW   2021-05-19 2023-08-15
2. PRICE T ROWE GROUP INC   2009-07-17 2023-08-18
1. PRICE T ROWE GROUP INC   2009-07-17 2023-08-21
4. CITIGROUP INC NEW     2023-08-22
1. CITIGROUP INC NEW   2021-01-05 2023-08-22
1. PRICE T ROWE GROUP INC   2009-07-17 2023-08-22
1. LILLY ELI & CO   2016-05-17 2023-08-23
1. BOSTON PPTYS INC   2022-01-04 2023-08-30
1. CITIGROUP INC NEW   2021-01-05 2023-08-30
1. CITIGROUP INC NEW   2021-01-05 2023-08-30
1. NORTHERN TR CORP   2012-12-19 2023-08-30
2. BOSTON PPTYS INC     2023-08-31
5. CITIGROUP INC NEW   2020-12-10 2023-08-31
2. CITIGROUP INC NEW   2020-12-10 2023-08-31
1. NORTHERN TR CORP   2012-12-19 2023-08-31
1. BOSTON PPTYS INC   2016-03-11 2023-09-01
1. NORTHERN TR CORP   2012-12-19 2023-09-01
1. NORTHERN TR CORP   2012-12-19 2023-09-01
1. NORTHERN TR CORP   2012-12-19 2023-09-01
1. RTX CORP   2023-04-04 2023-09-18
1. RTX CORP   2022-01-05 2023-09-18
2. RTX CORP     2023-09-19
1. RTX CORP   2021-05-14 2023-09-20
8. CITIGROUP INC NEW     2023-09-22
3. STARBUCKS CORP   2022-02-14 2023-09-25
2. EXXON MOBIL CORP     2023-09-28
1. BOSTON PPTYS INC   2016-02-08 2023-10-04
1. BOSTON PPTYS INC   2016-02-08 2023-10-05
2. MONDELEZ INTERNATIONAL-W/I   2011-12-16 2023-10-05
1. BOSTON PPTYS INC   2016-02-08 2023-10-06
1. MONDELEZ INTERNATIONAL-W/I   2011-12-16 2023-10-06
4. MONDELEZ INTERNATIONAL-W/I   2011-12-16 2023-10-06
4. RTX CORP     2023-10-24
4. HARTFORD FINL SVCS GROUP INC   2012-09-27 2023-10-30
3. RTX CORP     2023-11-01
1. EOG RESOURCES INC   2023-09-01 2023-11-22
1. APPLE COMPUTER INC   2012-05-18 2023-11-24
1. EOG RESOURCES INC   2023-09-01 2023-11-24
1. LAM RESEARCH CORPORATION COMMON   2022-10-13 2023-11-27
3. CVS CORP     2023-11-30
1. CVS CORP   2019-11-18 2023-11-30
176. ISHARES TR 7-10 YR TREAS INDEX FD   2022-04-07 2023-12-04
175. ISHARES TR 7-10 YR TREAS INDEX FD   2022-04-07 2023-12-04
423. ISHARES US TREASURY BOND ETF   2022-10-19 2023-12-04
422. ISHARES US TREASURY BOND ETF   2022-10-19 2023-12-04
2921.522 JPMORGAN CORE BOND FUND ULTRA     2023-12-04
6. EXXON MOBIL CORP     2023-12-06
1. CME GROUP INC   2023-02-15 2023-12-07
1. CME GROUP INC   2023-07-18 2023-12-07
1. CAPITAL ONE FINL CORP   2021-01-06 2023-12-07
3. CAPITAL ONE FINL CORP     2023-12-07
1. CME GROUP INC   2023-02-14 2023-12-08
1. MCDONALDS CORP   2023-11-02 2023-12-08
76. ISHARES TR S & P MIDCAP 400 INDEX FD     2023-12-13
1. CME GROUP INC   2023-07-14 2023-12-15
1. CME GROUP INC   2012-04-26 2023-12-15
4. CAPITAL ONE FINL CORP   2016-02-23 2023-12-15
2. RTX CORP   2019-08-29 2023-12-15
8. SYSCO CORP     2023-12-15
5. TJX COS INC NEW     2023-12-15
1. UNITEDHEALTH GROUP INC   2021-06-18 2023-12-15
2. REPUBLIC SERVICES INC     2023-12-22
1. CONOCOPHILLIPS   2023-07-13 2024-01-04
3. RTX CORP     2024-01-04
1. NXP SEMICONDUCTORS NV   2022-03-08 2024-01-04
2. INTERNATIONAL BUSINESS MACHS CORP   2020-01-31 2024-01-08
1. HOME DEPOT INC   2022-02-22 2024-01-18
1. ARTHUR J GALLAGHER & CO   2012-03-19 2024-01-22
1. REPUBLIC SERVICES INC   2023-01-27 2024-01-22
1. CHUBB LTD   2020-10-28 2024-01-22
1. INTERNATIONAL BUSINESS MACHS CORP   2020-01-31 2024-01-25
3. EXXON MOBIL CORP     2024-02-05
3. HARTFORD FINL SVCS GROUP INC   2012-09-27 2024-02-05
2. RTX CORP   2019-08-07 2024-02-05
83.965 SIX CIRCLES US UNCONSTR EQ   2023-06-28 2024-02-07
1239.377 SIX CIRCLES US UNCONSTR EQ   2021-02-22 2024-02-07
4. VANGUARD BD INDEX TOTAL BD MKT ETF   2022-04-07 2024-02-07
279. VANGUARD BD INDEX TOTAL BD MKT ETF     2024-02-07
678.137 VANGUARD TTL INTL BND-ADM     2024-02-07
3. SYSCO CORP     2024-02-08
1. NORFOLK SOUTHN CORP   2023-12-15 2024-02-14
1. INTERNATIONAL BUSINESS MACHS CORP   2020-01-31 2024-02-15
1. NORFOLK SOUTHN CORP   2023-07-11 2024-02-15
211. ISHARES TR 7-10 YR TREAS INDEX FD     2024-02-20
1578.091 VANGUARD TTL INTL BND-ADM   2018-07-20 2024-02-20
1068. VANGUARD TOTAL INTL BOND ETF     2024-02-20
12. VANGUARD TOTAL INTL BOND ETF   2022-11-01 2024-02-20
1. INTERNATIONAL BUSINESS MACHS CORP   2020-01-31 2024-02-21
1. REPUBLIC SERVICES INC   2015-07-07 2024-02-29
1. PROGRESSIVE CORP OHIO   2014-08-18 2024-03-01
1. AMGEN INC   2020-07-01 2024-03-07
2. NEXTERA ENERGY INC   2023-04-04 2024-03-07
2. NEXTERA ENERGY INC   2010-12-20 2024-03-07
1. NORTHROP GRUMMAN CORP   2023-07-10 2024-03-07
1. NXP SEMICONDUCTORS NV   2022-03-11 2024-03-08
1. NXP SEMICONDUCTORS NV   2022-04-20 2024-03-15
1. AMGEN INC   2020-05-20 2024-03-20
2. AMGEN INC     2024-03-22
1. CME GROUP INC   2012-04-26 2024-03-28
1. BANK OF AMERICA CORPORATION   2024-01-04 2024-04-05
5. BANK OF AMERICA CORPORATION   2024-01-04 2024-04-05
1. BLACKROCK INC   2011-11-11 2024-04-05
1. EATON CORP PLC   2020-05-05 2024-04-05
29.222 FIDELITY 500 INDEX FUND   2024-02-20 2024-04-11
554.902 SIX CIRCLES US UNCONSTR EQ   2023-06-28 2024-04-11
2. NXP SEMICONDUCTORS NV     2024-04-11
1. BLACKROCK INC   2011-11-11 2024-04-18
1. PROGRESSIVE CORP OHIO   2014-08-18 2024-04-18
1. CHUBB LTD   2020-10-28 2024-04-18
1. NXP SEMICONDUCTORS NV   2023-05-23 2024-04-18
5. BEST BUY INC     2024-04-24
3. MEDTRONIC PLC     2024-04-25
2. CONOCOPHILLIPS     2024-04-29
1. REPUBLIC SERVICES INC   2015-07-07 2024-04-29
1. CME GROUP INC   2012-04-26 2024-04-30
1. AMERISOURCEBERGEN CORP   2020-04-20 2024-05-02
4. CVS CORP     2024-05-02
1. NORTHROP GRUMMAN CORP   2023-07-20 2024-05-02
. CASH RECEIPT SECURITIES LITIGATION     2024-05-07
1. VANGUARD INT-TERM CORPORATE   2023-12-04 2024-05-08
277. VANGUARD INT-TERM CORPORATE   2023-12-04 2024-05-08
1. NXP SEMICONDUCTORS NV   2023-05-25 2024-05-08
1. DOVER CORP   2023-12-01 2024-05-09
1. DOVER CORP   2023-01-27 2024-05-09
2. BEST BUY INC     2024-05-14
1. BEST BUY INC   2020-07-01 2024-05-15
2. US BANCORP DEL NEW     2024-05-15
2. US BANCORP DEL NEW     2024-05-15
2. MEDTRONIC PLC     2024-05-15
1. BEST BUY INC   2023-02-13 2024-05-16
2. US BANCORP DEL NEW   2022-11-07 2024-05-16
2. US BANCORP DEL NEW     2024-05-16
2. THE CIGNA GROUP     2024-05-17
1. DOVER CORP   2023-12-01 2024-05-17
3. US BANCORP DEL NEW   2022-11-04 2024-05-17
1. BEST BUY INC   2020-06-23 2024-05-21
4. BEST BUY INC     2024-05-22
1. BEST BUY INC   2020-06-24 2024-05-23
2. EXXON MOBIL CORP   2022-03-10 2024-05-30
6. BAXTER INTL INC     2024-06-04
6. BAXTER INTL INC     2024-06-04
3. BAXTER INTL INC   2023-07-28 2024-06-05
1. STARBUCKS CORP   2022-05-04 2024-06-05
2. STARBUCKS CORP   2022-05-04 2024-06-05
4. US BANCORP DEL NEW   2023-07-13 2024-06-05
4. US BANCORP DEL NEW     2024-06-05
2. US BANCORP DEL NEW   2023-07-13 2024-06-05
1. BAXTER INTL INC   2023-07-17 2024-06-06
1. BAXTER INTL INC   2023-07-18 2024-06-07
4. STARBUCKS CORP     2024-06-07
1. BAXTER INTL INC   2023-07-28 2024-06-10
6. STARBUCKS CORP   2018-08-10 2024-06-11
1. NXP SEMICONDUCTORS NV   2022-04-27 2024-06-21
1. LILLY ELI & CO   2016-05-17 2024-06-26
1. ABBVIE INC   2022-11-11 2024-06-28
1. AMERICAN EXPRESS CO   2023-07-10 2024-06-28
1. ANALOG DEVICES INC   2011-12-16 2024-06-28
1. AVALONBAY CMNTYS INC   2014-01-22 2024-06-28
1. CME GROUP INC   2012-08-17 2024-06-28
1. EOG RESOURCES INC   2024-06-04 2024-06-28
76.386 FIDELITY 500 INDEX FUND     2024-06-28
66.141 FIDELITY 500 INDEX FUND   2019-12-06 2024-06-28
1. MCDONALDS CORP   2018-04-02 2024-06-28
1. MERCK & CO INC   2024-04-09 2024-06-28
859.179 SIX CIRCLES US UNCONSTR EQ   2023-06-28 2024-06-28
528.065 SIX CIRCLES INTL UNCON EQ     2024-06-28
1. TEXAS INSTRS INC   2024-03-06 2024-06-28
1. UNITED PARCEL SVC INC CL B   2022-01-03 2024-06-28
2. WELLS FARGO & CO NEW   2023-12-15 2024-06-28
1. EATON CORP PLC   2020-05-01 2024-06-28
13. US BANCORP DEL NEW     2024-07-16
22. KENVUE INC     2024-07-17
111.973 FIDELITY 500 INDEX FUND   2019-12-06 2024-07-22
1. JPMORGAN BETABUILDERS EUROPE ETF   2024-02-20 2024-07-22
198. JPMORGAN BETABUILDERS EUROPE ETF   2024-02-20 2024-07-22
3. JPMORGAN BETABUILDERS EUROPE ETF   2023-01-18 2024-07-22
6. JPMORGAN BETABUILDERS CANADA   2023-07-27 2024-07-22
158. JPMORGAN BETABUILDERS CANADA   2023-07-27 2024-07-22
26. KENVUE INC     2024-07-22
7. KENVUE INC   2023-10-27 2024-07-22
2. MORGAN STANLEY DEAN WITTER & CO NEW   2023-12-15 2024-07-23
1. MORGAN STANLEY DEAN WITTER & CO NEW   2023-12-15 2024-07-23
2. MORGAN STANLEY DEAN WITTER & CO NEW   2023-12-15 2024-07-23
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 107   92 15
b 123   41 82
c 21,695   22,150 -455
d 113   41 72
e 113   111 2
114   41 73
164   171 -7
173   136 37
73   63 10
147   86 61
110   41 69
171   134 37
216   83 133
107   41 66
164   243 -79
41   61 -20
108   41 67
551   76 475
67   124 -57
41   61 -20
41   61 -20
76   50 26
134   248 -114
206   299 -93
82   120 -38
76   50 26
68   121 -53
77   50 27
77   50 27
77   50 27
76   100 -24
75   91 -16
150   177 -27
75   86 -11
328   472 -144
278   281 -3
238   184 54
55   110 -55
54   110 -56
130   46 84
52   110 -58
63   23 40
251   92 159
312   335 -23
287   77 210
247   236 11
123   132 -9
190   19 171
124   132 -8
729   339 390
201   232 -31
68   75 -7
16,481   18,426 -1,945
16,384   18,321 -1,937
9,508   9,464 44
9,483   9,442 41
29,332   30,999 -1,667
594   541 53
212   188 24
211   187 24
115   107 8
346   286 60
212   186 26
285   267 18
20,560   20,500 60
207   185 22
207   54 153
518   263 255
160   143 17
586   598 -12
445   333 112
529   391 138
325   267 58
120   111 9
258   214 44
205   185 20
317   275 42
356   315 41
239   36 203
169   124 45
239   128 111
190   137 53
302   256 46
270   58 212
183   142 41
1,317   1,133 184
19,433   17,500 1,933
290   312 -22
20,258   21,641 -1,383
13,217   14,867 -1,650
236   204 32
252   232 20
185   137 48
255   231 24
19,811   22,021 -2,210
30,757   34,592 -3,835
51,974   54,801 -2,827
584   575 9
180   137 43
183   40 143
187   25 162
272   255 17
112   155 -43
112   26 86
456   453 3
256   184 72
237   179 58
272   228 44
552   454 98
215   54 161
37   34 3
186   170 16
795   165 630
329   82 247
5,276   5,054 222
9,056   7,486 1,570
488   356 132
748   165 583
209   25 184
245   128 117
220   176 44
370   493 -123
238   261 -23
258   219 39
193   40 153
209   54 155
226   90 136
218   299 -81
476   453 23
50     50
79   79  
21,953   21,800 153
258   171 87
184   143 41
184   144 40
150   176 -26
74   87 -13
84   88 -4
84   87 -3
169   171 -2
74   87 -13
84   87 -3
84   85 -1
674   546 128
184   143 41
125   128 -3
73   86 -13
284   341 -57
70   84 -14
227   170 57
200   291 -91
201   283 -82
99   141 -42
82   80 2
165   158 7
154   143 11
154   167 -13
77   72 5
33   47 -14
33   47 -14
326   307 19
33   45 -12
481   309 172
266   171 95
905   76 829
170   149 21
230   171 59
228   34 194
204   122 82
196   54 142
125   119 6
14,529   12,639 1,890
12,580   7,256 5,324
253   156 97
128   126 2
14,761   11,590 3,171
6,168   5,800 368
194   174 20
136   213 -77
118   101 17
311   81 230
559   420 139
405   520 -115
21,645   12,285 9,360
60   57 3
11,887   11,289 598
180   158 22
404   375 29
10,641   9,878 763
470   592 -122
127   129 -2
207   183 24
104   91 13
207   183 24
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
      5
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       15
b       82
c       -455
d       72
e       2
      73
      -7
      37
      10
      61
      69
      37
      133
      66
      -79
      -20
      67
      475
      -57
      -20
      -20
      26
      -114
      -93
      -38
      26
      -53
      27
      27
      27
      -24
      -16
      -27
      -11
      -144
      -3
      54
      -55
      -56
      84
      -58
      40
      159
      -23
      210
      11
      -9
      171
      -8
      390
      -31
      -7
      -1,945
      -1,937
      44
      41
      -1,667
      53
      24
      24
      8
      60
      26
      18
      60
      22
      153
      255
      17
      -12
      112
      138
      58
      9
      44
      20
      42
      41
      203
      45
      111
      53
      46
      212
      41
      184
      1,933
      -22
      -1,383
      -1,650
      32
      20
      48
      24
      -2,210
      -3,835
      -2,827
      9
      43
      143
      162
      17
      -43
      86
      3
      72
      58
      44
      98
      161
      3
      16
      630
      247
      222
      1,570
      132
      583
      184
      117
      44
      -123
      -23
      39
      153
      155
      136
      -81
      23
      50
       
      153
      87
      41
      40
      -26
      -13
      -4
      -3
      -2
      -13
      -3
      -1
      128
      41
      -3
      -13
      -57
      -14
      57
      -91
      -82
      -42
      2
      7
      11
      -13
      5
      -14
      -14
      19
      -12
      172
      95
      829
      21
      59
      194
      82
      142
      6
      1,890
      5,324
      97
      2
      3,171
      368
      20
      -77
      17
      230
      139
      -115
      9,360
      3
      598
      22
      29
      763
      -122
      -2
      24
      13
      24
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 16,240
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) 1 842
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........................... 3 842
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- ..... 5 842
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 1,532
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,532
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.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 690
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow690 Refundedright arrow 11 0
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 arrowTX
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 arrowJ P MORGAN CHASE BANK NA Telephone no.right arrow (800) 496-2583

Located atright arrow10 S DEARBORN ST MC IL-0111CHICAGOIL ZIP+4right arrow60603
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
J P MORGAN CHASE BANK NA TRUSTEE
2 		27,790    
10 S DEARBORN ST MC IL 1-0111
CHICAGO,IL60603
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
2,085,891
b
Average of monthly cash balances.......................
1b
48,653
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
2,134,544
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
2,134,544
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
32,018
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,102,526
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
105,126
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
105,126
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
842
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
842
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
104,284
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
104,284
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
104,284
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
99,206
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
99,206
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 7 104,284
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 87,637
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 0
e From 2022...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 99,206
a Applied to 2022, but not more than line 2a 87,637
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..... 11,569
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 .......... 		92,715
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
d Excess from 2022.... 0
e Excess from 2023.... 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or 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

FATHER FLANAGANS BOYS' HOME
C/O ESTATE ADMINISTRATION C/O ESTATE ADM
14100 CRAWFORD ST
BOYS TOWN,NE680107520 		NONE PC GENERAL 21,909

CAL FARLEY'S BOYS RANCH
ATTN DIEDRE SCHULER BALLOU CPA
PO BOX 1890
AMARILLO,TX791740001 		NONE PC GENERAL 21,909

WEST TEXAS BOYS RANCH
ATTN BILL GHOLSON EXEC DIR
10223 BOYS RANCH RD
SAN ANGELO,TX769043665 		NONE PC GENERAL 21,909

NEW MEXICO BOYS RANCH FDTN

6209 HENDRIX RD NE
ALBUQUERQUE,NM871101334 		NONE PC GENERAL 21,909
Total .................................right arrow 3a 87,636
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 65,258  
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 16,240  
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) ..   81,498  
13Total. Add line 12, columns (b), (d), and (e)..................
13
81,498
(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

TY 2023 InvestmentsCorpBondsSchedule
Name:
JOE & HELEN M CLEMENTS FOUNDATION XXXXX9005
EIN:
74-6245117
Name of Bond End of Year Book Value End of Year Fair Market Value
92203J308 VANGUARD TTL INTL BN 120,014 109,169
4812C0100 JPM CORE BD FD - USD    
464287440 ISHARES 7-10 YEAR TR 23,011 21,904
54401E143 LORD ABBETT SHRT DUR 47,059 44,217
72201F490 PIMCO INCOME FUND-IN 25,360 22,843
83002G108 SIX CIRCLES ULTR SHR 19,548 19,421
46429B267 ISHARES US TREASURY    
83002G702 SIX CIRCLES GLOBAL B 382,386 355,962
83002G884 SIX CIRCLES CREDIT O 108,688 110,312
921937835 VANGUARD TOTAL BOND 20,760 21,468
92203J407 VANGUARD TOTAL INTL 23,628 24,011
46435U853 ISHARES BROAD USD HI 22,134 22,214
92206C847 VANGUARD LONG-TERM T 42,650 43,799
92206C870 VANGUARD INT-TERM CO 43,265 44,930

TY 2023 InvestmentsCorpStockSchedule
Name:
JOE & HELEN M CLEMENTS FOUNDATION XXXXX9005
EIN:
74-6245117
Name of Stock End of Year Book Value End of Year Fair Market Value
09247X101 BLACKROCK INC 494 2,630
12572Q105 CME GROUP INC 486 1,743
14040H105 CAPITAL ONE FINANCIA 710 1,060
20030N101 COMCAST CORP-CLASS A 2,662 3,921
20825C104 CONOCOPHILLIPS 2,159 5,449
58933Y105 MERCK & CO. INC. 666 1,358
59156R108 METLIFE INC 1,223 2,229
65339F101 NEXTERA ENERGY INC 451 2,674
G1151C101 ACCENTURE PLC-CL A 172 992
H1467J104 CHUBB LTD 936 2,481
363576109 ARTHUR J GALLAGHER & 213 1,701
101121101 BOSTON PROPERTIES IN    
110122108 BRISTOL-MYERS SQUIBB 3,580 3,377
166764100 CHEVRON CORP 3,648 4,814
125896100 CMS ENERGY CORP 199 1,296
191216100 COCA-COLA CO/THE 1,262 2,202
260003108 DOVER CORP 994 3,317
532457108 ELI LILLY & CO 76 804
369550108 GENERAL DYNAMICS COR 2,161 4,182
416515104 HARTFORD FINANCIAL S 290 1,664
437076102 HOME DEPOT INC 512 2,945
478160104 JOHNSON & JOHNSON 1,592 3,473
580135101 MCDONALD'S CORP 1,296 2,389
594918104 MICROSOFT CORP 194 3,347
609207105 MONDELEZ INTERNATION 572 1,777
655844108 NORFOLK SOUTHERN COR 2,244 4,243
665859104 NORTHERN TRUST CORP    
713448108 PEPSICO INC 981 1,727
717081103 PFIZER INC 794 1,038
718172109 PHILIP MORRIS INTERN 2,410 4,376
693475105 PNC FINANCIAL SERVIC 1,539 3,441
693506107 PPG INDUSTRIES INC 1,472 3,048
742718109 PROCTER & GAMBLE CO/ 1,904 2,894
743315103 PROGRESSIVE CORP 173 1,499
760759100 REPUBLIC SERVICES IN 276 1,360
78462F103 SPDR S&P 500 ETF TRU 32,693 107,408
74144T108 T ROWE PRICE GROUP I    
882508104 TEXAS INSTRUMENTS IN 1,326 3,261
902973304 US BANCORP 655 1,212
92343V104 VERIZON COMMUNICATIO 829 1,216
98389B100 XCEL ENERGY INC 893 1,632
126650100 CVS HEALTH CORP 1,096 965
315911750 FIDELITY 500 INDEX F 165,288 321,723
744573106 PUBLIC SERVICE ENTER 1,125 1,675
855244109 STARBUCKS CORP    
G5960L103 MEDTRONIC PLC 1,923 1,847
244199105 DEERE & CO 1,902 2,976
571748102 MARSH & MCLENNAN COS 329 890
701094104 PARKER HANNIFIN CORP 1,041 2,806
931142103 WALMART INC 1,689 3,501
83002G306 SIX CIRCLES US UNCON 154,515 264,593
83002G405 SIX CIRCLES INTL UNC 141,294 176,664
002824100 ABBOTT LABORATORIES 2,279 2,331
009158106 AIR PRODUCTS & CHEMI 3,043 3,958
015271109 ALEXANDRIA REAL ESTA 395 469
025816109 AMERICAN EXPRESS CO 1,341 3,796
03073E105 CENCORA INC 590 1,665
031162100 AMGEN INC    
032654105 ANALOG DEVICES INC 650 4,396
037833100 APPLE INC 57 666
053484101 AVALONBAY COMMUNITIE 490 820
060505104 BANK OF AMERICA CORP 2,739 5,361
075887109 BECTON DICKINSON AND 671 1,687
086516101 BEST BUY CO INC    
459200101 INTERNATIONAL BUSINE 734 1,153
617446448 MORGAN STANLEY 1,629 4,025
666807102 NORTHROP GRUMMAN COR 1,307 1,937
74340W103 PROLOGIS INC 1,439 1,639
75513E101 RTX CORP 1,805 3,290
808513105 SCHWAB (CHARLES) COR 3,454 4,172
871829107 SYSCO CORP 1,313 1,763
872540109 TJX COMPANIES INC 1,387 3,278
89832Q109 TRUIST FINANCIAL COR 1,938 2,324
91324P102 UNITEDHEALTH GROUP I 3,284 6,338
92276F100 VENTAS INC 918 817
G29183103 EATON CORP PLC 696 2,743
00287Y109 ABBVIE INC 2,721 4,077
172967424 CITIGROUP INC    
219350105 CORNING INC 1,567 1,720
26875P101 EOG RESOURCES INC 1,397 3,297
46641Q191 JPMORGAN BETABUILDER 29,400 33,508
46641Q217 JPMORGAN BETABUILDER 55,454 69,913
46641Q225 JPMORGAN BETABUILDER 25,060 33,632
46641Q233 JPMORGAN BETABUILDER 31,786 31,425
911312106 UNITED PARCEL SERVIC 4,107 3,129
G7997R103 SEAGATE TECHNOLOGY H 1,400 1,839
125523100 THE CIGNA GROUP 1,553 2,441
25746U109 DOMINION ENERGY INC 2,339 1,978
30231G102 EXXON MOBIL CORP 2,267 3,913
949746101 WELLS FARGO & CO 4,787 6,171
N6596X109 NXP SEMICONDUCTORS N 1,131 1,842
071813109 BAXTER INTERNATIONAL    
427866108 HERSHEY CO/THE 1,622 1,580
464287507 ISHARES CORE S&P MID    
512807108 LAM RESEARCH CORP    
548661107 LOWE'S COS INC 3,125 3,437
03990B101 ARES MANAGEMENT CORP 1,686 1,838
09260D107 BLACKSTONE INC 1,566 1,706
595017104 MICROCHIP TECHNOLOGY 1,636 1,598
89417E109 TRAVELERS COS INC/TH 1,164 1,299
907818108 UNION PACIFIC CORP 2,450 2,467

TY 2023 InvestmentsOtherSchedule2
Name:
JOE & HELEN M CLEMENTS FOUNDATION XXXXX9005
EIN:
74-6245117
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
09257V508 BLACKSTONE ALT MULTI AT COST 36,292 37,281
09250J734 BLACKROCK EVNT DRVN      
64128R608 NEUBERGER BERMAN LON AT COST 21,500 25,456
72201U638 PIMCO MRTG OPP & BND AT COST 33,659 30,816
024525669 AMERICAN BEACON AHL AT COST 10,225 10,624
35241W401 K2 ALTERNATIVE STRAT AT COST 6,854 6,972

TY 2023 OtherDecreasesSchedule
Name:
JOE & HELEN M CLEMENTS FOUNDATION XXXXX9005
EIN:
74-6245117
Description Amount
RETURN OF CAPITAL ADJUSTMENTS 8,470


TY 2023 OtherIncreasesSchedule
Name:
JOE & HELEN M CLEMENTS FOUNDATION XXXXX9005
EIN:
74-6245117
Description Amount
MUTUAL FUND ADJUSTMENT 5
ROUNDING 7


TY 2023 TaxesSchedule
Name:
JOE & HELEN M CLEMENTS FOUNDATION XXXXX9005
EIN:
74-6245117
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 45 45   0
FEDERAL TAX PAYMENT - PRIOR YE 425 0   0
FEDERAL ESTIMATES - INCOME 1,532 0   0
FOREIGN TAXES ON QUALIFIED FOR 696 696   0
FOREIGN TAXES ON NONQUALIFIED 134 134   0