TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2023

Open to Public Inspection

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

Name of foundation
LILLIAN H BISHOP FOR TR A SPCA 004318-001

Number and street (or P.O. box number if mail is not delivered to street address)1100 NORTH MARKET STREET
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE198900001

A Employer identification number

23-7334266

B Telephone number (see instructions)

(302) 651-1492

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$21,629,159J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	12,001		12,001
4	Dividends and interest from securities...	469,217		467,167
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		814,364
b	Gross sales price for all assets on line 6a 2,426,783
7	Capital gain net income (from Part IV, line 2)...			814,364
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........	1,295,582		1,293,532
13	Compensation of officers, directors, trustees, etc.	159,209		79,604		79,604
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	1,500	0	0	1,500
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	22,215	9,165		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..........	182,924		88,769	0	81,104
25	Contributions, gifts, grants paid.......	969,344				969,344
26	Total expenses and disbursements. Add lines 24 and 25	1,152,268		88,769	0	1,050,448
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	143,314
b	Net investment income (if negative, enter -0-)			1,204,763
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............		545	545
	2	Savings and temporary cash investments.........	408,226	438,811	438,811
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)		List of Attached Documents: // Content 1,219,933	1,168,944
	b	Investments—corporate stock (attach schedule).......	8,806,312	List of Attached Documents: // Content 8,634,306	18,222,459
	c	Investments—corporate bonds (attach schedule).......	2,325,547	List of Attached Documents: // Content 1,879,032	1,798,400
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	490,284		0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	12,030,369	12,172,627	21,629,159
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	12,030,369	12,172,627
	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).....	12,030,369	12,172,627
	30	Total liabilities and net assets/fund balances (see instructions).	12,030,369	12,172,627

Part III

Analysis of Changes in Net Assets or Fund Balances

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

12,030,369

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

143,314

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

List of Attached Documents:

// Content

1,322

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

12,175,005

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

2,378

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

12,172,627

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	. CLASS ACTION LITIGATION		2023-04-06
b	2354. AT&T INC	2016-12-01	2023-07-14
c	1139. ACTIVISION BLIZZARD INC	2020-09-10	2023-10-13
d	15000. AMERICAN EXPRESS COM 3.375% 5/03/24	2022-04-28	2023-10-25
e	10000. BK MONTREAL MTN CONV 3.300% 2/05/24	2019-05-29	2023-03-10
	10000. BK MONTREAL MTN CONV 3.300% 2/05/24	2019-05-29	2023-09-19
	30000. BANK OF NY MTN V-D 3.430% 6/13/25	2022-06-08	2023-09-11
	30000. BK NOVA SCOTIA CONV 2.440% 3/11/24	2022-03-07	2023-07-25
	305. BECTON DICKINSON & COMPANY	2018-02-14	2023-12-14
	20000. CAPITAL ONE FINL V-D 1.343% 12/06/24	2021-12-02	2023-12-06
	10000. CONOCOPHILLIPS CO 2.125% 3/08/24	2022-02-22	2023-03-21
	25000. EXXON MOBIL CORP 3.043% 3/01/26		2023-05-09
	20000. FIRSTMERIT CORP 4.350% 2/04/23	2021-01-14	2023-02-04
	2000. ISHARES TIPS BOND ETF		2023-02-08
	6000. ISHARES RUSSELL MID-CAP ETF		2023-12-14
	1750. ISHARES RUSSELL 1000 GROWTH ETF	2010-07-27	2023-02-08
	1340. ISHARES RUSSELL 2000 VALUE ETF	2016-05-03	2023-02-08
	890. ISHARES RUSSELL 2000 GROWTH ETF	2013-11-14	2023-02-08
	20000. KEURIG DR PEPPER 0.750% 3/15/24	2021-03-01	2023-10-04
	71. MICROSOFT CORP COMMON	2017-02-28	2023-12-14
	15000. PACCAR FINANCIAL MTN 3.150% 6/13/24	2022-06-06	2023-03-09
	10000. PARKER-HANNIFIN 3.650% 6/15/24	2022-06-06	2023-03-21
	300. PROCTER & GAMBLE CO COM	2017-02-28	2023-07-14
	1834. RTX CORPORATION		2023-09-14
	15000. TOYOTA MOTOR CORP 0.681% 3/25/24	2021-03-18	2023-07-14
	10000. U.S. TREASURY NOTES 2.750% 2/15/24	2018-05-16	2023-01-05
	10000. U.S. TREASURY NOTES 2.375% 8/15/24	2016-05-09	2023-03-23
	15000. U.S. TREASURY NOTES 2.375% 8/15/24		2023-04-11
	15000. U.S. TREASURY NOTES 2.375% 8/15/24		2023-11-07
	20000. U.S. TREASURY NOTES 2.500% 5/15/24		2023-01-05
	10000. U.S. TREASURY NOTES 2.500% 5/15/24		2023-03-06
	5000. U.S. TREASURY NOTES 2.500% 5/15/24	2015-07-10	2023-10-05
	15000. U.S. TREASURY NOTES 1.750% 7/31/24	2019-08-27	2023-09-01
	10000. U.S. TREASURY NOTES 1.750% 7/31/24		2023-11-21
	5000. UNITEDHEALTH GROUP 0.550% 5/15/24	2021-05-20	2023-06-29
	269. VERALTO CORPORATION	2010-12-22	2023-10-05
	.6667 VERALTO CORPORATION	2010-12-22	2023-10-13
	4000. VERIZON COMM INC 2.550% 3/21/31	2021-03-12	2023-08-09
	25000. WALGREENS BOOTS 0.950% 11/17/23	2021-11-02	2023-03-09
	20000. WELLS FARGO CO MTN 3.300% 9/09/24	2021-06-04	2023-06-29
	879. MEDTRONIC PLC		2023-10-05
	142. MEDTRONIC PLC	2019-01-17	2023-10-06

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2		2
b	34,076	69,232	-35,156
c	108,205	91,577	16,628
d	14,805	14,999	-194
e	9,805	10,040	-235
	9,901	10,016	-115
	29,519	30,000	-481
	29,369	30,000	-631
	73,145	65,124	8,021
	20,000	20,000
	9,696	9,997	-301
	24,248	25,283	-1,035
	20,000	20,000
	216,510	211,428	5,082
	464,984	209,565	255,419
	419,706	86,749	332,957
	206,474	125,934	80,540
	213,663	115,347	98,316
	19,541	19,999	-458
	26,302	4,533	21,769
	14,600	14,997	-397
	9,799	9,993	-194
	44,961	27,410	17,551
	136,532	111,039	25,493
	14,501	15,000	-499
	9,781	9,872	-91
	9,753	10,100	-347
	14,602	15,075	-473
	14,661	14,977	-316
	19,411	20,245	-834
	9,691	10,037	-346
	4,912	5,005	-93
	14,521	15,049	-528
	9,757	10,023	-266
	4,787	5,000	-213
	19,691	3,372	16,319
	50	8	42
	3,312	4,001	-689
	24,191	24,996	-805
	19,474	20,630	-1,156
	67,054	83,353	-16,299
	10,791	12,414	-1,623

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			2
b			-35,156
c			16,628
d			-194
e			-235
			-115
			-481
			-631
			8,021

			-301
			-1,035

			5,082
			255,419
			332,957
			80,540
			98,316
			-458
			21,769
			-397
			-194
			17,551
			25,493
			-499
			-91
			-347
			-473
			-316
			-834
			-346
			-93
			-528
			-266
			-213
			16,319
			42
			-689
			-805
			-1,156
			-16,299
			-1,623

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	814,364
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	16,746
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	16,746
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	16,746
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	11,800
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	11,800
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	54
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	5,000
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax0	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

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

on foundation managers. right arrow

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

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

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

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

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

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

Yes

Website address right arrow

The books are in care of right arrow

WILMINGTON TRUST COMPANY Telephone no. right arrow

(302) 651-1492

Located at right arrow

1100 NORTH MARKET STREETWILMINGTONDE ZIP+4 right arrow

19890

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

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

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

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

16 No

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

Form 990-PF (2023)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

If "Yes," list the years right arrow

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2023)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
WILMINGTON TRUST COMPANY	TRUSTEE 2	159,209
1100 N MARKET ST WILMINGTON,DE19890	TRUSTEE 2	159,209

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


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









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

Form 990-PF (2023)

Page 7

Part VII

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

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

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

Part VIII-A

Summary of Direct Charitable Activities

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2023)

Page 8

Part IX

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

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

purposes:

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

20,130,630

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

479,159

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

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

20,609,789

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

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

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

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

20,609,789

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

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

309,147

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

20,300,642

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

1,015,032

Part X

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

and do not complete this part.)

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

1,015,032

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

16,746

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

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

16,746

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

998,286

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

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

998,286

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

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

998,286

Part XI

Qualifying Distributions (see instructions)

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

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

1,050,448

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

1,050,448

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					998,286
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				969,344
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: $ 1,050,448
a Applied to 2022, but not more than line 2a				969,344
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.....					81,104
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 ..........					917,182
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2019....	0
b Excess from 2020....	0
c Excess from 2021....	0
d Excess from 2022....	0
e Excess from 2023....	0

Form 990-PF (2023)

Page 10

Part XIII

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

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

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

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

NONE

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.

NONE

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

Check here right arrow

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

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

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

cAny submission deadlines:

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

Form 990-PF (2023)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
SPCA OF MANATEE COUNTY FLA INC C/O RICHARD PRATT MAUDLIN & JENKINS 1401 MANATEE AVENUE WEST BRADENTON,FL34205	NONE	PC	GENERAL PURPOSES	969,344
Total ................................. 3a				969,344

bApproved for future payment

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

Form 990-PF (2023)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	12,001
4 Dividends and interest from securities ....			14	469,217
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	814,364
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) ..				1,295,582

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

1,295,582

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2023)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

LILLIAN H BISHOP FOR TR A SPCA 004318-001

EIN:

23-7334266

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	1,500			1,500

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

LILLIAN H BISHOP FOR TR A SPCA 004318-001

EIN:

23-7334266

Name of Bond	End of Year Book Value	End of Year Fair Market Value
YEAR BEGINNING COST BASIS
025816DL0 AMERICAN EXPRESS	15,000	15,293
02665WDN8 AMERICAN HONDA MTN	24,928	23,505
031162CU2 AMGEN INC	26,227	22,170
06051GHG7 BANK OF AMER MTN V-Q	20,319	19,102
06368LWT9 BANK MONT MTN CONV	20,000	20,313
06418GAD9 BANK NOVA SCOT CONV	29,818	30,451
125523CM0 CIGNA CORP	20,031	17,094
126650DM9 CVS HEALTH CORP	19,962	17,763
13607HYF3 CANADIAN IMP BK CONV	24,931	24,165
14913R2L0 CATERPILLAR FINL MTN	19,973	19,632
17327CAM5 CITIGROUP INC V-D	19,995	18,376
20030NEB3 COMCAST CORP	14,905	15,976
22160KAN5 COSTCO WHOLESALE CO	20,000	18,147
25746UCE7 DOMINION RESOURCES	25,410	24,525
369550BN7 GENERAL DYNAMICS	24,961	23,115
370334CL6 GENERAL MILLS IN	21,046	18,074
38141GWQ3 GOLDMAN SACHS V-Q	24,884	24,577
458140CD0 INTEL CORP	10,000	10,074
46647PBE5 JPMORGAN CHASE V-Q	20,359	17,782
49271VAF7 KEURIG DR PEPPER INC	19,123	20,012
548661DR5 LOWE'S COS INC	20,967	19,277
579780AR8 MCCORMICK & CO INC	24,942	23,015
58933YBH7 MERCK & CO INC	9,992	9,956
61746BEF9 MORGAN STANLEY MTN	25,113	24,237
665859AV6 NORTHERN TRUST CORP	19,777	17,186
68389XCC7 ORACLE CORP	20,170	18,658
78016HZS2 ROYAL BK CA MTN CONV	14,993	15,288
808513BN4 CHARLES SCHWAB CORP	24,988	24,743
828807CW5 SIMON PROPERTY GROUP	20,763	19,375
842587DH7 SOUTHERN CO	19,797	17,783
87612EBM7 TARGET CORP	24,958	23,324
883556CS9 THERMO FISHER	25,000	24,204
89114TZJ4 TOR DOM BK MTN CONV	19,919	16,635
89788MAD4 TRUIST FINL MTN V-Q	19,953	18,309
91159HHW3 US BANCORP MTN	20,294	18,100
91324PEB4 UNITEDHEALTH GROUP	20,001	19,639
921937819 VANGUARD INT-TRM BON	1,054,605	1,023,492
92343VGJ7 VERIZON COMM INC	10,981	9,485
92939UAE6 WEC ENERGY GROUP INC	20,033	16,307
95000U2V4 WELLS FARGO MTN V-D	10,000	9,540
95040QAG9 WELLTOWER INC	24,914	24,880
98956PAU6 ZIMMER BIOMET HOLD	5,000	4,821

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

LILLIAN H BISHOP FOR TR A SPCA 004318-001

EIN:

23-7334266

Name of Stock	End of Year Book Value	End of Year Fair Market Value
SEE ATTACHED
03027X100 AMERICAN TOWER CORP	58,703	159,535
09247X101 BLACKROCK INC	85,086	209,444
11135F101 BROADCOM INC	81,892	404,083
12572Q105 CME GROUP INC	56,764	101,930
125896100 CMS ENERGY CORP COM	51,328	61,032
166764100 CHEVRON CORP	43,545	95,761
17275R102 CISCO SYSTEMS INC	78,442	161,058
172967424 CITIGROUP INC	97,701	72,839
20030N101 COMCAST CORP NEW A	95,142	111,905
22160K105 COSTCO WHOLESALE COR	67,120	293,076
235851102 DANAHER CORP COM	25,609	187,154
244199105 DEERE & CO COMMON	132,157	127,958
254687106 WALT DISNEY CO	59,361	46,319
25537101 AMERICAN ELECTRIC POW	71,148	85,119
26875P101 EOG RESOURCES INC CO	92,991	192,311
2824100 ABBOTT LABORATORIES	154,467	170,829
30212P303 EXPEDIA GROUP INC.	71,440	84,547
31162100 AMGEN INC COM	58,969	148,618
31428X106 FEDEX CORP COM	97,731	158,612
32654105 ANALOG DEVICES INC	28,335	258,922
37833100 APPLE INC	117,655	914,903
438516106 HONEYWELL INTL INC C	132,373	141,554
461202103 INTUIT INC COM	111,875	150,632
464287499 ISHARES RUSSELL MID-	316,495	777,300
464287564 ISHARES COHEN & STEE	386,817	404,650
464287598 ISHARES RUSSELL 1000	555,915	917,138
464287614 ISHARES RUSSELL 1000	173,498	1,061,095
464287630 ISHARES RUSSELL 2000	332,512	727,721
464287648 ISHARES RUSSELL 2000	284,777	783,900
46625H100 JPMORGAN CHASE & CO	77,321	312,644
478160104 JOHNSON & JOHNSON	42,131	126,332
518439104 ESTEE LAUDER COMPANI	47,364	74,149
539830109 LOCKHEED MARTIN CORP	26,920	115,576
548661107 LOWES COMPANIES INC	52,239	282,861
57636Q104 MASTERCARD INC CL A	66,582	315,617
58933Y105 MERCK & CO INC	35,768	105,313
59156R108 METLIFE INC	33,730	81,075
594918104 MICROSOFT CORP	161,548	954,390
617446448 MORGAN STANLEY GROUP	84,184	160,110
654106103 NIKE INC CL B	79,749	105,313
681919106 OMNICOM GROUP INC CO	61,495	135,042
68389X105 ORACLE CORPORATION C	41,568	112,810
713448108 PEPSICO INC COM	60,663	155,064
718172109 PHILIP MORRIS INTL I	25,291	66,609
742718109 PROCTER & GAMBLE CO	68,890	110,491
747525103 QUALCOMM INC COM	41,080	157,502
75887109 BECTON DICKINSON & CO
824348106 SHERWIN WILLIAMS CO	63,407	176,847
855244109 STARBUCKS CORP COM	76,274	104,651
872540109 TJX COMPANIES COM	70,543	168,858
902973304 U S BANCORP DEL COM	68,959	79,549
907818108 UNION PACIFIC CORP C	42,543	189,373
91324P102 UNITEDHEALTH GROUP I	84,688	264,814
9158106 AIR PRODUCTS & CHEMICA	79,699	133,614
91913Y100 VALERO ENERGY CORP C	100,212	189,930
921943858 VANGUARD FTSE DEVELO	1,816,984	2,710,182
922042858 VANGUARD FTSE EMERGI	1,027,952	1,175,460
98419M100 XYLEM INC-W/I	72,375	100,408
98978V103 ZOETIS INC	44,817	156,514
G1151C101 ACCENTURE PLC- CL A	55,432	119,309
G8994E103 TRANE TECHNOLOGIES P	45,549	177,315
G96629103 WILLIS TOWERS WATSON	58,501	94,792

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

LILLIAN H BISHOP FOR TR A SPCA 004318-001

EIN:

23-7334266

US Government Securities - End of Year Book Value:

1,219,933

US Government Securities - End of Year Fair Market Value:

1,168,944

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

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

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

LILLIAN H BISHOP FOR TR A SPCA 004318-001

EIN:

23-7334266

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
YEAR BEGINNING COST BASIS TOTA

- TIN:

TY 2023 OtherDecreasesSchedule

Name:

LILLIAN H BISHOP FOR TR A SPCA 004318-001

EIN:

23-7334266

Description	Amount
2023 TRANSACTION POSTED IN 2024	2,113
AI EFFECTIVE AFTER TAX YEAR 2024	229
EXPECTED ROUNDING	36

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

LILLIAN H BISHOP FOR TR A SPCA 004318-001

EIN:

23-7334266

Description	Amount
2022 TRANSACTION POSTED IN 2023	1,145
AI POSTING DATE BEFORE CY 2023 TAX YEAR	177

- TIN:

TY 2023 TaxesSchedule

Name:

LILLIAN H BISHOP FOR TR A SPCA 004318-001

EIN:

23-7334266

Category	Amount	Net Investment Income
FEDERAL TAX PAYMENT - PRIOR YE	7,125	0
FEDERAL ESTIMATES - PRINCIPAL	5,925	0
FOREIGN TAXES ON QUALIFIED FOR	5,146	5,146
FOREIGN TAXES ON NONQUALIFIED	4,019	4,019