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
Fitzsimmons Foundation

Number and street (or P.O. box number if mail is not delivered to street address)80 12th Street Suite 107
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Wheeling, WV26003

A Employer identification number

20-8728898

B Telephone number (see instructions)

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

$8,419,890J 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	29,577		29,577
4	Dividends and interest from securities...	164,629		164,629
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		2,267
b	Gross sales price for all assets on line 6a 477,288
7	Capital gain net income (from Part IV, line 2)...			2,267
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........	196,473		196,473
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	4,862
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	88			88
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	4,950		0		88
25	Contributions, gifts, grants paid.......	468,125				468,125
26	Total expenses and disbursements. Add lines 24 and 25	473,075		0		468,213
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-276,602
b	Net investment income (if negative, enter -0-)			196,473
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.............	249,400	344,906	344,906
	2	Savings and temporary cash investments.........	365,625	444,546	444,546
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	3,100,219	List of Attached Documents: // Content 3,104,211	6,789,123
	c	Investments—corporate bonds (attach schedule).......	749,791	List of Attached Documents: // Content 549,770	520,336
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	580,000	List of Attached Documents: // Content 325,000	320,979
	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)	5,045,035	4,768,433	8,419,890
	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	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	5,045,035	4,768,433
	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........
	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).....	5,045,035	4,768,433
	30	Total liabilities and net assets/fund balances (see instructions).	5,045,035	4,768,433

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) ...............

5,045,035

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

-276,602

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

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

4,768,433

Decreases not included in line 2 (itemize) right arrow

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

4,768,433

Form 990-PF (2023)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	20K Dallas Capital Bank 10	P	2022-04-12	2023-01-20
b	25K Nuzragu Tefagit 23	P	2022-07-19	2023-01-23
c	20k Bank of Hope 155	P	2022-05-12	2023-02-17
d	20K Washington Federal 195	P	2022-06-13	2023-03-24
e	25K First National Bank 275	P	2022-07-19	2023-04-28
	20K Institution 14	P	2022-04-12	2023-04-28
	20K UBS Bank 20	P	2022-05-12	2023-05-18
	20K Toyota Finl Savings 24	P	2022-06-13	2023-06-23
	25K Wells Fargo 30	P	2022-07-19	2023-07-28
	20k Goldman Sachs Bank 19	P	2022-04-12	2023-10-20
	20K Goldman Sachs Bank 545	P	2022-05-12	2023-11-27
	7828 shs Ishares Ibonds 2023	P	2019-12-17	2023-12-22
	20K Merrick Bank 270	P	2022-06-13	2023-12-22
	American Funds Europacific LTCG	P
	American Funds New World LTCG	P
	cost adjustment		2018-01-10	2023-12-31

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	20,000	20,000
b	25,000	25,000
c	20,000	20,000
d	20,000	20,000
e	25,000	25,000
	20,000	20,000
	20,000	20,000
	20,000	20,000
	25,000	25,000
	20,000	20,000
	20,000	20,000
	218,301	220,021	-1,720
	20,000	20,000
	1,954		1,954
	1,795		1,795
	238		238

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(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)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	2,267
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	2,731
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	2,731
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	2,731
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	2,182
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	2,182
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.......		9	549
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 tax	Refunded	11

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

KAYLEEN F CLOUGH Telephone no. right arrow

(304) 233-5275

Located at right arrow

80 12TH STREET SUITE 107WheelingWV ZIP+4 right arrow

26003

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? .................

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)

(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
KAYLEEN F CLOUGH	TRUSTEE & 2ND VICE PRESIDENT 1.00	0	0	0
1609 WARWOOD AVENUE Wheeling,WV26003	TRUSTEE & 2ND VICE PRESIDENT 1.00	0	0	0
ROBERT P FITZSIMMONS	TRUSTEE & PRESIDENT 1.00	0	0	0
1609 WARWOOD AVENUE Wheeling,WV26003	TRUSTEE & PRESIDENT 1.00	0	0	0
SUNNI L FITZSIMMONS	TRUSTEE & VICE PRESIDENT 1.00	0	0	0
1600 WARWOOD AAVENUE Wheeling,WV26003	TRUSTEE & VICE PRESIDENT 1.00	0	0	0
ROBERT J FITZSIMMONS	TRUSTEE & SECRETARY 1.00	0	0	0
1600 WARWOOD AVENUE Wheeling,WV26003	TRUSTEE & SECRETARY 1.00	0	0	0
CLAYTON J FITZSIMMONS	TRUSTEE & TREASURER 1.00	0	0	0
1600 WARWOOD AVENUE Wheeling,WV26003	TRUSTEE & TREASURER 1.00	0	0	0

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...................

7,412,752

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

763,974

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

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

8,176,726

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.........................

8,176,726

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

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

122,651

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

8,054,075

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

402,704

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..................

402,704

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

2,731

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

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

2,731

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

399,973

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

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

399,973

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

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

399,973

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 ..........

468,213

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. .......

468,213

Form 990-PF (2023)

Page 9

Part XII

Undistributed Income (see instructions)

	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7			399,973
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......		452,028
b Total for prior years:2021, 20, 20	9,025
3 Excess distributions carryover, if any, to 2022:
a From 2018......
b From 2019......
c From 2020......
d From 2021......
e From 2022......
f Total of lines 3a through e ........
4Qualifying distributions for 2023 from Part
XI, line 4: $ 468,213
a Applied to 2022, but not more than line 2a		452,028
b Applied to undistributed income of prior years (Election required—see instructions).....	List of Attached Documents: // Content 9,025
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2023 distributable amount.....			7,160
e Remaining amount distributed out of corpus
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
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 ..........			392,813
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 ......
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....
c Excess from 2021....
d Excess from 2022....
e Excess from 2023....

Form 990-PF (2023)

Page 10

Part XIII

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

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

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

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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

Check here right arrow

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

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

Robert P Fitzsimmons
1609 Warwood Avenue
Wheeling,WV26003
(304) 277-1700

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

Written Form with Desciption of Charitable purposes and evidence of charitable exempt status under Internal Revenue Code Section 501(c)(3)

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 Distributions for Charitable/exempt purposes under IRS Sections 501(c)(3).

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
Bethlehem Apostolic Church 330 Main Street Wheeling,WV26003	NA	PC	Christmas Giveaway	2,500
Cornell University 130 E Seneca Street Suite 400 Ithaca,NY14850	NA	PC	Football and Womens Basketball & General Purposes	2,000
Corpus Christi School 1512 Warwood Avenue Wheeling,WV26003	NA	PC	General Purposes	40,000
Tyler A Jacovetty Memorial Fund 1311 Byron Street Wheeling,WV26003	NA	PC	General Purposes	100
Steubenville High School 420 N 4th Street Steubenville,OH43952	NA	PC	Christmas Giveaway	1,000
Wheeling Central Catholic High Sch 75 14th Street Wheeling,WV26003	NA	PC	General Purposes	51,500
WVU Foundation 101 Law School Drive Morgantown,WV26506	NA	PC	General Purposes	325,000
City of Wheeling 1500 Chapline Street Wheeling,WV26003	NA	PC	Gateway Park	3,125
Warwood Lions Club PO Box 4173 Wheeling,WV26003	NA	PC	General Purposes	1,500
St Michael Parish School 1221 National Road Wheeling,WV26003	NA	PC	General Purposes	29,600
Holy Family Child Care Center 161 Edgington Lane Wheeling,WV26003	NA	PC	General Purposes	1,000
Oglebay Foundation 465 Lodge Dr Wheeling,WV26003	NA	PC	Paws in the Park	2,500
Sam Andy Basketball Classic 2 14th Street Wheeling,WV26003	NA	PC	General Purposes	1,000
Allegheny College 520 N Main Street Meadville,PA16335	NA	PC	General Purposes	200
Brooke High School 29 Bruin Dr Wellsburg,WV26070	NA	PC	General Purposes	1,000
Chamber of Commerce 1100 Main St 3rd Floor Wheeling,WV26003	NA	PC	General Purposes	1,000
Harmony House 905 National Road 3rd Floor Wheeling,WV26003	NA	PC	General Purposes	500
Ohio Valley Street Survivors PO Box 2017 Wheeling,WV26003	na	PC	General Purposes	100
Pike Cubs Baseball Softball 1226 Chapline Street Wheeling,WV26003	NA	PC	General Purposes	3,000
United Way of Ohio Vallley 1307 Chapline Street Wheeling,WV26003	NA	PC	General Purposes	500
West Virginia Humanities Council 1310 Kanawha Blvd E Charleston,WV25311	NA	PC	General Purposes	1,000
Total ................................. 3a				468,125

bApproved for future payment

Total ................................. 3b				0

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			03	29,577
b			04	164,629
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....
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	2,267
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) ..				196,473

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

196,473

(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 AppliedToPriorYearElection

Name:

Fitzsimmons Foundation

EIN:

20-8728898

Election:

The Foundation declares through its filing officer, Kayleen F Clough, that the Foundation hereby makes the election permitted under Treasury Regulations Section 53.4942(a)-3(d)(2) to treat $9,025 of the qualifying distributions made in 2023 as being made out of the undistributed income of the 2021 taxable year.

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

Fitzsimmons Foundation

EIN:

20-8728898

Name of Bond	End of Year Book Value	End of Year Fair Market Value
7828 SHS ISHARES IBDNS DEC2023	0	0
5848 SHS ISHARES IBDNS DEC2024	149,869	145,674
3886 SHS ISHARES IBDNS DEC2025	99,878	96,217
3957 SHS ISHARES IBDNS DEC2026	99,966	94,572
3881 SHS ISHARES IBDNS DEC2027	99,991	92,872
3627 SHS ISHARES IBDNS DEC2028	100,066	91,001

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

Fitzsimmons Foundation

EIN:

20-8728898

Name of Stock	End of Year Book Value	End of Year Fair Market Value
1500 SHS AT&T	42,647	25,170
450 SHS ABBVIE INC	25,717	69,737
1200 SHS ALPHABET CLASS A	27,236	167,628
1200 SHS ALPHABET CLASS C	26,794	169,116
2040 SHS AMAZON	80,719	309,958
1200 SHS AMER ELECTRIC PWR CO	50,272	97,464
205 SHS AMERICAN EXPRESSCO	20,165	38,405
325 SHS AMGEN	50,665	93,607
620 SHS APACHE CORP	20,032	22,246
3200 SHS APPLE INC	37,882	616,096
1000 SHS AUTO DATA PROCESSING	60,052	232,970
154 SHS BECTON DICKINSON & CO	33,186	37,550
200 SHS BLACKROCK IN	58,519	162,360
60 SHS BOEING	21,046	15,640
1250 SHS BRISTOL-MYERS SQUIBB	51,317	64,138
600 SHS CARRIER GLOBAL CORP	9,268	34,470
750 SHS CHEVRON CORP	61,164	111,870
2000 SHS CISCO SYSTEMS INC	53,768	101,040
800 SHS COLGATE-PALMOLIVE CO	28,268	63,768
900 SHS CVS HEALTH CORP	57,777	71,064
210 SHS DIGITAL REALTY TRUST	24,926	28,262
500 SHS DISCOVER FINL	28,948	56,200
1000 SHS DOMINION ENERGY INC	52,119	47,000
166 SHS DOW INC	8,948	9,103
600 SHS DUKE ENERGY CORP	34,460	58,224
166 SHS DUPONT DE NEMOURS INC	13,132	12,770
375 SHS EOG RESOURCES INC	24,482	45,356
800 SHS EXXON MOBIL CORP	70,084	79,984
400 SHS META PLATFORMS INC	42,303	141,584
120 SHS FEDEX CORP	20,323	30,356
960 SHS HOME DEPOT	94,291	332,688
165 SHS IBM	19,167	26,986
1300 SHS INTEL CORP	48,654	65,325
500 SHS INTERNTNL PAPER	21,475	18,075
200 SHS JP MORGAN	19,874	34,020
1000 SHS JOHNSON & JOHNSON	87,625	156,740
33 SHS KYNDRYL HOLDINGS	840	686
630 SHS MASCO CORP	19,716	42,197
900 SHS MASTERCARD INC	20,730	383,859
240 SHS MEDTRONIC	20,585	19,771
1175 SHS METLIFE INC	50,851	77,703
195 SHS MICROSOFT CORP	20,342	73,328
420 SHS ORACLE CORP	20,074	44,281
300 SHS OTIS WORLDWIDE CORP	12,963	26,841
1350 SHS PAYPAL HOLDINGS INCOR	50,573	82,904
650 SHS PEPSICO INC	54,870	110,396
460 SHS PFIZER INC	18,697	13,243
200 SHS PPG INDUSTRIES	19,988	29,910
900 SHS PROCTER & GAMBLE	66,630	131,886
700 SHS QUALCOMM INC	53,375	101,241
600 SHS RAYTHEON TECH UNITED	27,359	50,484
490 SHS SCHLUMBERGER LTD	20,573	25,500
45 SHS SYLVAMO CORP	1,198	2,210
500 SHS T ROWE PRICE	37,885	53,845
500 SHS THERMO FISHER SCNTFC	41,011	265,395
600 SHS TRUIST FINL CORP	27,606	22,152
135 SHS UNION PACIFIC CORP	20,727	33,159
1500 SHS VERIZON COMMUNICATION	74,364	56,550
1300 SHS VESTA WINDS	20,278	41,263
57 SHS VIATRIS INC	1,024	617
145 SHS VISA	19,736	37,751
250 SHS VULCAN MATERIALS COM	29,755	56,753
280 SHS WALGREENS BOOT	19,972	7,311
210 SHS WALMART	20,112	33,107
250 SHS WALT DISNEY	24,100	22,573
1000 SHS WELLS FARGO	48,896	49,220
550 SHS 3M CO	75,714	60,126
1000 SHS ISHARES MSCI EMERGING	40,565	40,210
1700 SHS ISHARES SP MIDCAP400	37,796	134,674
1300 SHS ISHARES SP MIDCAP400	63,309	148,252
1580 SHS ISHARES S&P SMALL CAP	72,948	162,851
1260 SHS ISHARES SP SML CAP600	48,776	157,676
1846498SHS AMERIC FD EUROPACI	101,479	102,992
19646180SHS AMERIC FD NEW WRL	125,648	149,098
3664872SHS DODGE&COX INTL STK	163,210	180,165
175 SHS AMER TWR CORP	22,953	37,779
125 SHS PUBLIC STORAGE	25,968	38,125
845 SHS WEYERHAEUSER CO	20,378	29,381
362 SHS WARNER BROS	13,055	4,120
30 SHS EMBECTA CORP	277	568

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

Fitzsimmons Foundation

EIN:

20-8728898

Category/ Item	Book Value	End of Year Fair Market Value
100K ALLY BANK CORP 2.25%	0	0
MERRICK BANK 2.7%	0	0
100K MORGAN STANLEY 2.35%	0	0
FIRST NTNL BANK 3.15%	25,000	24,960
DALLAS CAPITAL BANK 1%	0	0
CUSTOMERS BANK 3.2%	25,000	24,926
MIZRAHI TEFAHOT 2.6%	0	0
BARCLAYS BANK 2.3%	20,000	19,816
BANK OF HOPE 1.55%	0	0
MORGAN STANLEY 2.9%	20,000	19,822
WASHINGTON FEDER 1.95%	0	0
BANKERS BANK 3.05%	20,000	19,796
FIRST NTNL BANK 2.75%	0	0
BARCLAYS BANK 3.2%	25,000	24,718
INSTITUTION FOR S 1.4%	0	0
DISCOVER BANK 3.3%	25,000	24,712
UBS BANK 2%	0	0
MORGAN STANLEY 3.15%	20,000	19,558
TOYOTA FINL SAVIN 2.4%	0	0
LIVE OAK BANKINGN 3.3%	20,000	19,588
WELLS FARGO & CO 3%	0	0
SYNCHRONY BANK 3.3%	25,000	24,455
GOLDMAN SACHS BAN 1.9%	0	0
Morgan Stanley 2.35%	100,000	98,628
GOLDMAN SACHS 2.45%	0	0

- TIN:

TY 2023 OtherExpensesSchedule

Name:

Fitzsimmons Foundation

EIN:

20-8728898

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Bank Fee	88	0	0	88

- TIN:

TY 2023 TaxesSchedule

Name:

Fitzsimmons Foundation

EIN:

20-8728898

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Estimated Tax Payments	2,100	0	0	0
Tax Due	2,762	0	0	0