Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
WHITE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2587
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PONTE VEDRA, FL32004
A Employer identification number

65-0371997
B Telephone number (see instructions)

(904) 273-9909
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$3,361,429J 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 6,996 6,996  
4 Dividends and interest from securities... 54,694 54,694  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
1,004,628
b Gross sales price for all assets on line 6a 3,287,720
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,066,318 61,690  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 80,000 15,000   65,000
14 Other employee salaries and wages...... 10,000     10,000
15 Pension plans, employee benefits....... 6,885 1,148   5,737
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
19,786     19,786
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
12,066 12,066    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
639     266
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 13,223 6,612   6,611
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,529     7,529
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 150,128 34,826   114,929
25 Contributions, gifts, grants paid....... 113,000 113,000
26 Total expenses and disbursements. Add lines 24 and 25 263,128 34,826   227,929
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 803,190
b Net investment income (if negative, enter -0-) 26,864
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 86,159 160,881 146,773
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment
List of Attached Documents:
// Content
447,933 		455,729
b Investments—corporate stock (attach schedule)....... 1,733,254 Click to see attachment
List of Attached Documents:
// Content
1,439,088 		1,657,067
c Investments—corporate bonds (attach schedule).......   Click to see attachment
List of Attached Documents:
// Content
626,323 		639,782
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).......... 600,000 Click to see attachment
List of Attached Documents:
// Content
548,690 		459,428
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,023 		Click to see attachment
List of Attached Documents:
// Content
2,650 		Click to see attachment
List of Attached Documents:
// Content
2,650
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,421,436 3,225,565 3,361,429
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) Click to see attachment
List of Attached Documents:
// Content
1,969 		Click to see attachment
List of Attached Documents:
// Content
2,908
23 Total liabilities (add lines 17 through 22)......... 1,969 2,908
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 2,419,467 3,222,657
29 Total net assets or fund balances (see instructions)..... 2,419,467 3,222,657
30 Total liabilities and net assets/fund balances (see instructions). 2,421,436 3,225,565
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
2,419,467
2
Enter amount from Part I, line 27a .....................
2
803,190
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,222,657
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,222,657
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 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) 1 373
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 373
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 373
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 2,023
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,023
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 1,650
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow1,650 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 arrow
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 arrowN/A
14
The books are in care ofright arrowJ ROBERT ROGERS Telephone no.right arrow (904) 273-9909

Located atright arrowPO BOX 2587PONTE VEDRAFL ZIP+4right arrow32004
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)
 
No
(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
 
 
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
 
 
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 ROBERT ROGERS PRESIDENT
000.00 		50,000 0 0
268 PAYASADA CIRCLE
PONTE VEDRA,FL32082
DEBORAH MCKILLOP SECRETARY
000.00 		10,000 0 0
510 WEKIVA LANDING DRIVE
APOPKA,FL32712
BELINDA ROGERS TREASURER
000.00 		20,000 0 0
268 PAYASADA CIRCLE
PONTE VEDRA,FL32082
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  
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 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 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
0
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
0
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
0
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
0
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
0
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
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
373
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
373
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
0
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
227,929
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
227,929
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 0
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020...... 62,227
d From 2021...... 105,251
e From 2022...... 67,578
f Total of lines 3a through e ........ 235,056
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 227,929
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount.....  
e Remaining amount distributed out of corpus 227,929
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 462,985
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		462,985
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020.... 62,227
c Excess from 2021.... 105,251
d Excess from 2022.... 67,578
e Excess from 2023.... 227,929
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
J ROBERT ROGERS
PO BOX 2587
PONTE VEDRA,FL32004
(904) 273-9909
bThe form in which applications should be submitted and information and materials they should include:
LETTER
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
LIMITED TO RELIGIOUS, CHARITABLE, SCIENTIFIC, EDUCATIONAL OR CULTURAL PURPOSES.
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
BRADY CARICO


100 PURPOSE RD
PIPPA PASSES,KY41844 		    SCHOLARSHIP-BRADY CARICO 1,000
WESLEY KIMLER


1900 BELMONT BLVD
NASHVILLE,TN37212 		    SCHOLARSHIP-WESLEY KIMLER 1,000
WESLEY KIMLER


1900 BELMONT BLVD
NASHVILLE,TN37212 		    SCHOLARSHIP-WESLEY KIMLER 1,000
KIRSTEN ARTHUR


2001 UNION CARBIDE DRIVE
SOUTH CHARLESTON,WV25303 		    SCHOLARSHIP-KIRSTEN ARTHUR 1,000
KIRSTEN ARTHUR


2001 UNION CARBIDE DRIVE
SOUTH CHARLESTON,WV25303 		    SCHOLARSHIP-KIRSTEN ARTHUR 1,000
EMMA WILCOX


PO BOX 1000 VERMILLION ST
ATHENS,WV24712 		    SCHOLARSHIP-EMMA WILCOX 1,000
KATHLEEN HOWARD


PO BOX 1000 VERMILLION ST
ATHENS,WV24712 		    SCHOLARSHIP-KATHLEEN HOWARD 1,000
JAYDEN SHARPS


1201 LOCUST AVENUE
FAIRMONT,WV26554 		    SCHOLARSHIP-JAYDEN SHARPS 1,000
ZOEY STEELE


200 HIGH STREET
GLENVILLE,WV26351 		    SCHOLARSHIP-ZOEY STEELE 1,000
ZOEY STEELE


200 HIGH STREET
GLENVILLE,WV26351 		    SCHOLARSHIP-ZOEY STEELE 1,000
CHLOE GRIFFITH


200 HIGH STREET
GLENVILLE,WV26351 		    SCHOLARSHIP-CHLOE GRIFFITH 1,000
CHLOE GRIFFITH


200 HIGH STREET
GLENVILLE,WV26351 		    SCHOLARSHIP-CHLOE GRIFFITH 1,000
CHASE CASERTA


1350 MASSACHUSETTS AVENUE
CAMBRIDGE,MA02138 		    SCHOLARSHIP-CHASE CASERTA 1,000
ADRIANNA BALLARD


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-ADRIANNA BALLARD 1,000
CAROLINE ELKINS


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-CAROLINE ELKINS 1,000
KADIN CLEMONS


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-KADIN CLEMONS 1,000
KALEIGH WELCH


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-KALEIGH WELCH 1,000
MADDIE MULLINS


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-MADDIE MULLINS 1,000
CHEYENNE ROSE


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARHIP-CHEYENNE ROSE 1,000
CHEYENNE ROSE


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARHIP-CHEYENNE ROSE 1,000
SADIE ASBURY


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-SADIE ASBURY 1,000
LINCOLN BYRNSIDE


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-LINCOLN BYRNSIDE 1,000
MADISON ALLEN


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-MADISON ALLEN 1,000
BREA BALLARD


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-BREA BALLARD 1,000
ANNA BURNS


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-ANNA BURNS 1,000
ANNA BURNS


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-ANNA BURNS 1,000
ABBY BOLTON


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-ABBY BOLTON 1,000
MADILYN ASHBURY


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-MADILYN ASHBURY 1,000
MADILYN ASHBURY


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-MADILYN ASHBURY 1,000
CODY NANTZ


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-CODY NANTZ 1,000
CODY NANTZ


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-CODY NANTZ 1,000
JILLIAN THOMPSON


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-JILLIAN THOMPSON 1,000
JILLIAN THOMPSON


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-JILLIAN THOMPSON 1,000
TANNER HALE


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-TANNER HALE 1,000
TANNER HALE


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-TANNER HALE 1,000
MASON HILL


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-MASON HILL 1,000
MASON HILL


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-MASON HILL 1,000
CHASE JACKSON


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-CHASE JACKSON 1,000
CHASE JACKSON


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-CHASE JACKSON 1,000
KAYLEA WHITEHEAD


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-KAYLEA WHITEHEAD 1,000
KAYLEA WHITEHEAD


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-KAYLEA WHITEHEAD 1,000
JALYNN BROWNING


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-JALYNN BROWNING 1,000
JALYNN BROWNING


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-JALYNN BROWNING 1,000
DAKOTA BROWNING-LINVILLE


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-DAKOTA BROWNING-LINVILLE 1,000
JAMIE FOWLER


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-JAMIE FOWLER 1,000
ALLIE KINCAID


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-ALLIE KINCAID 1,000
ALLIE KINCAID


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-ALLIE KINCAID 1,000
GARRETT VANGUNDY


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-GARRETT VANGUNDY 1,000
GARRETT VANGUNDY


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-GARRETT VANGUNDY 1,000
JAMIE FOWLER


1 JOHN MARSHALL DRIVE
HUNTINGTON,WV25755 		    SCHOLARSHIP-JAMIE FOWLER 1,000
CHRISTOPHER JACKSON


1 MOUNTWEST WAY
HUNTINGTON,WV25701 		    SCHOLARSHIP-CHRISTOPHER JACKSON 1,000
NATHAN KUHN


223 WEST MAIN STREET
SALEM,WV26426 		    SCHOLARSHIP-NATHAN KUHN 1,000
SHAUN BOOTH


2900 DEMPSEY BRANCH RD
MT GAY,WV25637 		    SCHOLARSHIP-SHAUN BOOTH 1,000
BRAXTON DOLIN


2300 MACCORKLE AVE SE
CHARLESTON,WV25304 		    SCHOLARSHIP-BRAXTON DOLIN 1,000
BRAXTON DOLIN


2300 MACCORKLE AVE SE
CHARLESTON,WV25304 		    SCHOLARSHIP-BRAXTON DOLIN 1,000
ALLISON PRICE


2300 MACCORKLE AVE SE
CHARLESTON,WV25304 		    SCHOLARSHIP-ALLISON PRICE 1,000
LILY BIAS


2300 MACCORKLE AVE SE
CHARLESTON,WV25304 		    SCHOLARSHIP-LILY BIAS 1,000
LILY BIAS


2300 MACCORKLE AVE SE
CHARLESTON,WV25304 		    SCHOLARSHIP-LILY BIAS 1,000
MEAGAN EPLING


2300 MACCORKLE AVE SE
CHARLESTON,WV25304 		    SCHOLARSHIP-MEAGAN EPLING 1,000
MEAGAN EPLING


2300 MACCORKLE AVE SE
CHARLESTON,WV25304 		    SCHOLARSHIP-MEAGAN EPLING 1,000
SEAN HILL


2300 MACCORKLE AVE SE
CHARLESTON,WV25304 		    SCHOLARSHIP-SEAN HILL 1,000
ELLIE GODBY


208 UNIVERSITY DRIVE
WEST LIBERTY,WV26074 		    SCHOLARSHIP-ELLIE GODBY 1,000
ELLIE GODBY


208 UNIVERSITY DRIVE
WEST LIBERTY,WV26074 		    SCHOLARSHIP-ELLIE GODBY 1,000
BRETT ADKINS


208 UNIVERSITY DRIVE
WEST LIBERTY,WV26074 		    SCHOLARSHIP-BRETT ADKINS 1,000
BRETT ADKINS


208 UNIVERSITY DRIVE
WEST LIBERTY,WV26074 		    SCHOLARSHIP-BRETT ADKINS 1,000
CHLOE REEDY


PO BOX 368
INSTITUTE,WV25112 		    SCHOLARSHIP-CHLOE REEDY 1,000
CHLOE REEDY


PO BOX 368
INSTITUTE,WV25112 		    SCHOLARSHIP-CHLOE REEDY 1,000
KENSLEY WHITE


PO BOX 368
INSTITUTE,WV25112 		    SCHOLARSHIP-KENSLEY WHITE 1,000
KENSLEY WHITE


PO BOX 368
INSTITUTE,WV25112 		    SCHOLARSHIP-KENSLEY WHITE 1,000
JAYDEN ELKINS


PO BOX 368
INSTITUTE,WV25112 		    SCHOLARSHIP-JAYDEN ELKINS 1,000
JAYDEN ELKINS


PO BOX 368
INSTITUTE,WV25112 		    SCHOLARSHIP-JAYDEN ELKINS 1,000
BRADY CARICO


PO BOX 368
INSTITUTE,WV25112 		    SCHOLARSHIP-BRADY CARICO 1,000
CHLOE OLDER


PO BOX 6003
MORGANTOWN,WV26506 		    SCHOLARSHIP-CHLOE OLDER 1,000
KAYLEE FERRELL


PO BOX 6003
MORGANTOWN,WV26506 		    SCHOLARSHIP-KAYLEE FERRELL 1,000
KAYLEE FERRELL


PO BOX 6003
MORGANTOWN,WV26506 		    SCHOLARSHIP-KAYLEE FERRELL 1,000
DYLAN GRANT


PO BOX 6003
MORGANTOWN,WV26506 		    SCHOLARSHIP-DYLAN GRANT 1,000
ALEXA MCNEELY


PO BOX 6003
MORGANTOWN,WV26506 		    SCHOLARSHIP-ALEXA MCNEELY 1,000
LAUREN BYRNSIDE


PO BOX 6003
MORGANTOWN,WV26506 		    SCHOLARSHIP-LAUREN BYRNSIDE 1,000
LAUREN BYRNSIDE


PO BOX 6003
MORGANTOWN,WV26506 		    SCHOLARSHIP-LAUREN BYRNSIDE 1,000
ALLISON FRY


PO BOX 6003
MORGANTOWN,WV26506 		    SCHOLARSHIP-ALLISON FRY 1,000
ALLISON FRY


PO BOX 6003
MORGANTOWN,WV26506 		    SCHOLARSHIP-ALLISON FRY 1,000
WILLIAM THOMPSON


101 FORT AVENUE
KEYSER,WV26726 		    SCHOLARSHIP-WILLIAM THOMPSON 1,000
WILLIAM THOMPSON


101 FORT AVENUE
KEYSER,WV26726 		    SCHOLARSHIP-WILLIAM THOMPSON 1,000

WVU FOUNDATION FUND

PO BOX 6003
MORGANTOWN,WV26554 		    GENERAL PURPOSE 12,500

WVU FOUNDATION FUND

PO BOX 6003
MORGANTOWN,WV26554 		    GENERAL PURPOSE 12,500

SCOTT HIGH SCHOOL BAND BOOSTERS

1 SKYHAWK PLACE
MADISON,WV25136 		    GENERAL PURPOSE 5,000
Total .................................right arrow 3a 113,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 6,996  
4 Dividends and interest from securities ....     14 54,694  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,004,628  
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) ..   1,066,318  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,066,318
(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 AccountingFeesSchedule
Name:
WHITE FOUNDATION INC
EIN:
65-0371997
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 19,786     19,786

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

TY 2023 GainLossSaleOtherAssetsSch
Name:
WHITE FOUNDATION INC
EIN:
65-0371997
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
UBS STRATEGIC ADVISOR ACCT NU10198HL   PURCHASE     621,972 596,563     25,409  
UBS STRATEGIC ADVISOR ACCT NU10198HL   PURCHASE     2,568,857 1,635,202     933,655  
UBS STRATEGIC ADVISOR ACCT NU04957   PURCHASE     44,929 6,882     38,047  
UBS STRATEGIC ADVISOR ACCT NU10198   PURCHASE     51,962 44,445     7,517  

TY 2023 InvestmentsCorpBondsSchedule
Name:
WHITE FOUNDATION INC
EIN:
65-0371997
Name of Bond End of Year Book Value End of Year Fair Market Value
BANK OF MONTREAL 15,744 15,955
MITSUBISHI 15,737 15,934
BANK OF AMERICA CORP 15,756 15,849
AMGEN INC 12,013 12,026
ENERGY TRANSFER PARTNERS 15,569 15,742
PAYPAL HOLDINGS 13,148 13,364
MORGAN STANLEY B/E 15,586 15,772
SOUTHERN CALIF EDISON CO 13,586 13,717
CANADIAN IMPERIAL BANK 13,552 13,779
COMCAST CORP 15,646 15,785
JP MORGAN CHASE 15,986 16,008
CITIGROUP INC 15,408 15,624
ROYAL BANK OF CANADA 14,677 14,878
ENTERPRISE PRODUCTS 23,398 23,642
CITIGROUP INC NTS 13,466 13,632
BHP BILLITON FIN LTD NTS 22,237 22,503
THERMO FISHER SCIENTIFIC 12,069 12,177
GOLDMAN SACHS GROUP INC 13,443 13,619
EQUINIX INC NTS 23,205 23,560
PACIFIC GAS & ELEC NTS 10,372 10,823
META PLATFORMS INC 13,436 13,644
JPMORGAN CHASE & CO NTS 8,785 9,062
STATE STREET CORP NTS 14,210 14,680
AIR LEASE CORP NTS 11,828 12,145
GOLDMAN SACHS GROUP INC 14,449 14,837
MORGAN STANLEY NTS B/E 13,484 13,693
SPRINT CAPITAL CORP 12,743 12,994
HOWMET AEROSPACE INC NTS 8,791 9,127
US BANCORP NTS B/E 15,295 15,761
AMER EXPRESS CO NTS B/E 15,255 15,855
NETFLIX INC 23,491 23,918
GENERAL MOTORS FINL CO 11,871 12,393
APPLE INC NTS B/E OID 6,733 6,851
DISCOVERY COMMUNICATIONS 10,421 10,893
PFIZER INVT ENTER NTS 9,760 10,083
BANK OF AMERICA CORP B/E 22,589 23,090
CITIGROUP INC B/E 3,362 3,566
TMOBILE USA INC B/E 12,468 12,790
CHARLES SCHWAB 6,316 6,691
UNITED HEALTH GROUP INC 6,760 6,945
AT&T INC B/E 11,421 12,294
MAGALLANES INC NTS B/E 10,481 10,997
ORACLE CORP B/E 12,621 13,074
GOLDMAN SACHS GROUP INC 3,329 3,439
ENBRIDGE INC NTS 22,328 22,913
WELLS FARGO & CO B/E 13,498 13,658

TY 2023 InvestmentsCorpStockSchedule
Name:
WHITE FOUNDATION INC
EIN:
65-0371997
Name of Stock End of Year Book Value End of Year Fair Market Value
776621 FT FRANKLIN INC FUND    
2497 AMERICAN FDS CAP INC    
15724 JPMORGAN INC BLDR    
7852 THORNBURG INC BLDR    
400 DUKE ENERGY    
13 ELI LILLY 1,004 7,578
1200 PFIZER    
1200 FST TRST MORNINGSTAR INDEX FD    
2600 FT PREFERRED SEC & INC ETF    
150 ABBVIE INC 12,465 23,246
2200 APPLE INC    
1865 AT&T INC    
490 CHEVRON CORP    
157 COCA COLA INC 7,310 9,252
24 HOME DEPOT INC 3,968 8,317
65 MCDONALDS CORP 9,025 19,273
900 MERCK & CO INC    
136 MICROSOFT CORP 12,083 51,141
700 WP CAREY INC REIT    
10846 PIMCO DIV & INC INC FD    
6789 INCOME FUND OF AMERICA    
200 ALIBABA    
600 BRISTOL MYERS SQUIBB INC    
1000 SHELL PLC    
248 EXXON MOBIL INC 20,914 24,795
250 GE    
90 ORGANON & CO    
91 ABBOTT LABS 9,291 10,016
37 ACCENTURE PLC IRELAND 10,922 12,984
37 ADOBE INC. 14,238 22,074
96 ADVANCED MICRO DEVICES 10,696 14,151
1885 AIR GROUP PLC 7,916 8,079
164 ALCON 12,904 12,812
57 ALPHABET INC 6,971 7,962
173 AMAZON 20,508 26,286
43 AMERICAN ELECTRIC POWER 3,609 3,492
52 AMERICAN EXPRESS 8,191 9,742
45 AMERIPRISE 13,443 17,092
49 ANALOG 8,662 9,729
110 APTIV 9,874 9,869
107 ASHTEAD GROUP GBP 6,491 7,450
16 ASHTEAD GROUP ORD 3,847 4,548
211 ASTRAZENECA 15,162 14,211
31 AUTOMATIC DATA PROCESSING 6,639 7,222
212 AXA ADR 6,173 6,929
343 BANK IRELAND GROUP 3,353 3,114
39 BECTON DICKINSON 9,578 9,509
9 BIO RAD LABORATORIES 3,357 2,906
11 BLACKROCK INC 7,297 8,930
199 BRITISH AMER TOBACCO 6,611 5,829
38 BROADCOM 29,026 42,418
29 BRUNSWICK CORP 2,202 2,806
12 CADENCE DESIGN SYSTEM 2,585 3,268
96 CALIFORNIA RESOURCES 3,998 5,249
161 CANADIAN PACIFIC KC 11,719 12,729
49 CF INDUSTRIES HOLDINGS 4,031 3,896
39 CHUBB 7,520 8,814
176 CISCO SYSTEMS 8,706 8,892
37 CME GROUP 6,738 7,792
335 COMCAST 13,713 14,690
72 CONOCO PHILLIPS 7,448 8,357
9 COSTCO 4,337 5,941
62 CROWN CASTLE 6,948 7,142
139 CVS HEALTH CORP 9,599 10,975
431 DANONE SPON 5,290 5,581
55 DEXCOM 4,924 6,825
11 DIAGEO 1,890 1,602
54 DOLLAR TREE 7,483 7,671
21 ECOLAB 3,502 4,165
77 EMERSON ELECTRIC 6,224 7,494
43 EOG RESOURCES 4,757 5,201
220 EQUINOR ASA 5,896 6,961
545 FANUC CORP 8,711 7,973
34 FEDEX 8,144 8,601
191 FIDELITY 10,435 11,473
78 GENMAB 3,319 2,484
28 GOLDMAN SACHS 9,160 10,802
336 HALEON ADR 2,860 2,765
2175 HALEON GBP 8,855 8,918
506 HAYWARD HLDGS 6,044 6,882
150 HDFC BANK 9,692 10,067
90 HEINEKEN 7,933 7,615
107 HESS CORP 14,171 15,425
37 HONEYWELL 7,031 7,759
67 HSBC 2,521 2,716
205 INGERSOLL RAND 11,866 15,855
58 JOHNSON & JOHNSON 9,004 9,091
127 JP MORGAN CHASE 17,477 21,603
11 KEYENCE 4,184 4,847
34 KEYSIGHT 5,014 5,409
133 KNORR 9,409 8,645
688 KONINKLIJKE PHILIPS 13,349 16,051
13 LABORATORY CORP 2,583 2,955
76 LINDE PLC 27,446 31,214
18 LOCKHEED MARTIN 7,984 8,158
144 LONDON SE 14,841 17,024
67 MARSH & MCLENNAN COS 11,665 12,694
40 MASCO CORP 2,175 2,679
32 MEITUAN 1,065 672
2 MERCADOLIBRE 2,559 3,143
238 MICHELIN COMPAGNIE 7,004 8,534
171 MICRON TECHNOLOGY 11,392 14,593
477 MITSUBISHI 3,112 4,107
78 MODERNA 7,890 7,757
99 MONDELEZ 7,428 7,171
82 MONTROSE ENVIROMENTAL 2,968 2,635
208 MORGAN STANLEY 17,553 19,396
18 MSA SAFETY 2,552 3,039
9 NETFLIX 3,240 4,382
99 NEXTERA 7,307 6,013
290 NIPPON 8,638 8,835
42 NORFOLK SOUTHERN 8,833 9,928
177 OCI N V EUR 4,514 5,131
132 ON SEMICONDUCTOR 10,571 11,026
197 ORACLE 20,580 20,770
36 PHILLIPS 66 3,608 4,793
900 PRADA 6,007 5,146
114 PROCTER & GAMBLE 16,673 16,706
174 PROLOGIS INC 21,110 23,194
51 PRYSMIAN 1,929 2,319
172 PT BK MANDIRI 2,372 2,706
25 REGAL REXNORD 3,265 3,701
31 REPUBLIC SERVICES 4,409 5,112
153 RIVIAN AUTOMOTIVE 2,367 3,589
63 RTX CORP 5,913 5,301
19 SALESFORCE 3,975 5,000
5 SERVICENOW 2,760 3,532
107 SLM CORP 1,661 2,046
415 SOFTBANK GROUP 7,614 9,138
172 SONY GROUP 15,938 16,287
345 SPECTRIS 15,526 16,153
15 SPLUNK 1,534 2,285
144 STARBUCKS 14,235 13,825
108 SYSCO 7,602 7,898
115 TAIWAN SEMICONDUCTOR 10,584 11,960
77 TAKE-TWO INTERACTIVE 10,468 12,393
72 TJX 5,533 6,754
13 TRANE TECHNOLOGIES 2,538 3,171
46 TRAVELERS 7,972 8,763
108 UNILEVER 5,494 5,236
37 UNION PACIFIC 7,292 9,088
94 UNITED PARCEL SERVICE 15,873 14,780
58 UNITEDHEALTH GROUP 27,731 30,535
107 UNIVERSAL MUSIC GROUP 2,817 3,051
29 UNIVERSAL DISPLAY CORP 4,327 5,547
37 VERTEX PHARMACEUTICAL 12,422 15,055
66 VISA INC 15,399 17,183
68 WALMART INC 10,015 10,720
22 WASTE MANAGEMENT 3,568 3,940
428 WELLS FARGO 17,563 21,066
161 WIZZ AIR HOLDINGS 5,533 4,538
46 YUM BRANDS INC 5,707 6,010
11 ZEBRA TECHNOLOGIES 2,855 3,007
1756 FIRST TRUST SMID CAP RISING 53,655 57,544
366 ISHARES MSCI EAFE ETF 26,197 27,578
526 ISHARES MSCI EAFE VALUE ETF 25,595 27,405
396 ISHARES CORE MSCI EAFE ETF 26,524 27,859
4472 GQG PARTNERS EMERGING 64,518 70,814
8869.605 JP MORGAN HEDGED EQUITY 136,293 140,495

TY 2023 InvestmentsGovtObligationsSch
Name:
WHITE FOUNDATION INC
EIN:
65-0371997
US Government Securities - End of Year Book Value:

420,452
US Government Securities - End of Year Fair Market Value:

427,537
State & Local Government Securities - End of Year Book Value:


27,481
State & Local Government Securities - End of Year Fair Market Value:


28,192


TY 2023 InvestmentsOtherSchedule2
Name:
WHITE FOUNDATION INC
EIN:
65-0371997
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AXA EQUITABLE ANNUITY AT COST 548,690 459,428

TY 2023 OtherAssetsSchedule
Name:
WHITE FOUNDATION INC
EIN:
65-0371997
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PREPAID TAXES 2,023 1,650 1,650
OTHER ASSETS   1,000 1,000


TY 2023 OtherExpensesSchedule
Name:
WHITE FOUNDATION INC
EIN:
65-0371997
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
OFFICE SUPPLIES & EXPENSE 7,109     7,109
BANK CHARGES 420     420


TY 2023 OtherLiabilitiesSchedule
Name:
WHITE FOUNDATION INC
EIN:
65-0371997
Description Beginning of Year - Book Value End of Year - Book Value
PAYROLL TAXES WITHHELD 1,046 1,849
CREDIT CARD PAYABLE 923 1,059


TY 2023 OtherProfessionalFeesSchedule
Name:
WHITE FOUNDATION INC
EIN:
65-0371997
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 12,066 12,066    


TY 2023 TaxesSchedule
Name:
WHITE FOUNDATION INC
EIN:
65-0371997
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 231     231
PROPERTY TAX 35     35
FEDERAL TAXES 373