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
HW DURHAM FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)5050 POPLAR AVENUE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MEMPHIS, TN38157

A Employer identification number

62-0583854

B Telephone number (see instructions)

(901) 683-3583

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

$11,298,280J 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	(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	68,852		68,852
4	Dividends and interest from securities...	178,922		178,922
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		237,287
b	Gross sales price for all assets on line 6a 5,076,888
7	Capital gain net income (from Part IV, line 2)...			237,287
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........	485,061		485,061
13	Compensation of officers, directors, trustees, etc.	205,422		72,278	133,144
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	56,299		10,376	45,923
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	13,326	8,662	4,664
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	53,841	53,841
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	9,597	5,122	61
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	1,150	1,150
20	Occupancy..............	18,597		1,860	16,737
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	75,322	14,215	61,108
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	433,554		167,504	261,637
25	Contributions, gifts, grants paid.......	340,650			340,650
26	Total expenses and disbursements. Add lines 24 and 25	774,204		167,504	602,287
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-289,143
b	Net investment income (if negative, enter -0-)			317,557
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	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.............	49,364	17,762	17,762
	2	Savings and temporary cash investments.........	584,233	541,162	541,162
	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..........	13,209	10,431	10,431
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	8,124,898	List of Attached Documents: // Content 5,829,582	5,829,582
	c	Investments—corporate bonds (attach schedule).......	1,437,209	List of Attached Documents: // Content 2,939,137	2,939,137
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	645,739	List of Attached Documents: // Content 1,957,519	1,957,519
	14	Land, buildings, and equipment: basis 56,082
		Less: accumulated depreciation (attach schedule) 53,395	3,839	List of Attached Documents: // Content 2,687	2,687
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	10,858,491	11,298,280	11,298,280
	17	Accounts payable and accrued expenses..........	3,421	2,961
	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).........	3,421	2,961
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	10,855,070	11,295,319
	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).....	10,855,070	11,295,319
	30	Total liabilities and net assets/fund balances (see instructions).	10,858,491	11,298,280

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

10,855,070

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

-289,143

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

List of Attached Documents:

// Content

729,392

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

11,295,319

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 .

11,295,319

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
1 a	SCHWAB ST	P
b	SCHWAB LT	P
c	AMERITRADE ST	P
d	AMERITRADE LT	P
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	795,829	767,402	28,427
b	2,464,549	2,367,754	96,795
c	266,085	273,276	-7,191
d	1,452,457	1,431,169	21,288
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			28,427
b			96,795
c			-7,191
d			21,288
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	237,287
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	21,236

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	4,414
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	4,414
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	4,414
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	10,400
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	10,400
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
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	5,986
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax5,986	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

WWW.DURHAMFOUNDATION.ORG

The books are in care of right arrow

JENKS E MCCRORY Telephone no. right arrow

(901) 683-3583

Located at right arrow

5050 POPLAR AVENUE STE 1007MEMPHISTN ZIP+4 right arrow

38157

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)

(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-)
CHRISTOPHER COOPER	EXECUTIVE DI 40.00	127,437
6678 N KIRBY OAKS DRIVE MEMPHIS,TN38119	EXECUTIVE DI 40.00	127,437
JENKS E MCCRORY	PRESIDENT 40.00	77,985
345 CINNAMON DRIVE MEMPHIS,TN38117	PRESIDENT 40.00	77,985
JOHN B COLEMAN JR	VICE PRESIDE 1.00	0
3535 KIRBY RD APT M115 MEMPHIS,TN38115	VICE PRESIDE 1.00	0
KAYE D BROOKSBANK	SECRETARY 1.00	0
251 BREMINGTON PL MEMPHIS,TN38111	SECRETARY 1.00	0
JUSTIN TAYLOR	TREASURER 1.00	0
5050 POPLAR AVE SUITE 1007 MEMPHIS,TN38157	TREASURER 1.00	0
FRANK CARNEY	DIRECTOR 1.00	0
1715 AARON BREENER DRIVE 800 MEMPHIS,TN38120	DIRECTOR 1.00	0
J J DOUGHTIE	DIRECTOR 1.00	0
5856 BRIERHAVEN MEMPHIS,TN38120	DIRECTOR 1.00	0
EVERTT HUFFARD	DIRECTOR 1.00	0
5050 POPLAR AVE SUITE 1007 MEMPHIS,TN38157	DIRECTOR 1.00	0
DAVID KABAKOFF	DIRECTOR 1.00	0
2804 FAIRWAY GLEN COLLIERVILLE,TN38017	DIRECTOR 1.00	0
LINDA NICHOLS	DIRECTOR 1.00	0
2195 POPLAR AVE 408 MEMPHIS,TN38104	DIRECTOR 1.00	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...................

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)

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

10,652,019

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

508,744

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

2,687

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

11,163,450

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

11,163,450

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

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

167,452

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

10,995,998

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

549,800

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

549,800

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

4,414

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

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

4,414

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

545,386

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

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

545,386

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

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

545,386

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 ..........

602,287

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. .......

602,287

Form 990-PF (2023)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2023
1 Distributable amount for 2023 from Part X, line 7			545,386
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......
d From 2021......	86,606
e From 2022......
f Total of lines 3a through e ........		86,606
4Qualifying distributions for 2023 from Part
XI, line 4: $ 602,287
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.....			545,386
e Remaining amount distributed out of corpus		56,901
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		143,507
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 ......		143,507
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....
c Excess from 2021....	86,606
d Excess from 2022....
e Excess from 2023....	56,901

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:

JENKS MCCORY
5050 POPLAR AVE STE 1007
MEMPHIS,TN38157
(901) 683-3583

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

LETTER OF INTENT OUTLINING IDEA, PURPOSE AND ORGANIZATION DESCRIPTION.

cAny submission deadlines:

NONE

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

GRANTS ARE MADE TO BENEFIT THE ELDERLY PRIMARILY IN MEMPHIS, TENNESSEE AND THE MID-SOUTH (INCLUDING WEST TENNESSEE, NORTHEAST ARKANSAS & NORTHWEST MISSISSIPPI). SOME EXCEPTIONS EXIST FOR PROJECTS OF NATIONAL SIGNIFICANCE THAT COULD BE REPLICATED IN THE LOCAL AREA.

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
ALZHEIMERS & DEMENTIA SERVICES 4585 RALEIGH LAGRANGE RD MEMPHIS,TN38128		PC	HEALTH SERVICES	250
BADDOUR CENTER 626 BADDOUR BLVD SENATOBIA,MS38668	N/A	PC	MEDICAL CARE FOR SENIORS	26,250
CHURCH HEALTH CENTER 1350 CONCOURSE AVENUE SUITE 142 MEMPHIS,TN38104		PC	MEDICAL CARE FOR SENIORS	500
COMMUNITY LEGAL CENTER 243 ADAMS AVE MEMPHIS,TN38104		PC	LEGAL SERVICES	19,419
CREATIVE AGING 200 JEFFERSON AVE 707 MEMPHIS,TN38103		PC	SENIOR ARTS PERFORMANCE	66,000
FORWARD MEMPHIS 255 N HIGHLAND MEMPHIS,TN38111	N/A	PC	FINANCIAL COUNSELING	16,090
HABITAT FOR HUMANTIY 7136 WINCHESTER RD MEMPHIS,TN38125	N/A	PC	HOUSING SERVICES	25,000
HOME FOR HEARTS 871 SHERIDAN ST MEMPHIS,TN38107		PC	HOUSING SERVICES	18,500
MEMPHIS BOTANIC GARDEN 750 CHERRY RD MEMPHIS,TN38117		PC	EXEMPT PURPOSE OR ORG	8,000
MEMPHIS JEWISH HOME 36 BAZEBERRY CORDOVA,TN38018	N/A	PC	MEDICAL CARE FOR SENIORS	27,085
MEMPHIS THEOLOGICAL SEMINARY 168 E PARKWAY S MEMPHIS,TN38104		PC	EXEMPT PUROSE OF ORG	5,000
MID-SOUTH FOOD BANK 3865 S PERKINS RD MEMPHIS,TN38118	N/A	PC	FOOD SERVICES	60,000
MIFA 910 VANCE AVE MEMPHIS,TN38126		PC	COMPUTERIZING MEALS-ON-WHEELS	24,175
PAGE ROBBINS ADULT DAY CARE 1961 HOUSTON LEVEE RD COLLIERVILLE,TN38017	N/A	PC	MEDICAL CARE FOR SENIORS	10,000
PET COMPASSION CENTER PO BOX 25034 MEMPHIS,TN38125	N/A	PC	ANIMAL WELFARE	15,000
REGIONAL INTER-FAITH ASSC 133 AIRWAYS BLVD JACKSON,TN38301	N/A	PC	FOOD & CLOTHING SERVICES	19,381
Total ................................. 3a				340,650

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	68,852
4 Dividends and interest from securities ....			14	178,922
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	237,287
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) ..				485,061

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

485,061

(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:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	13,326	8,662		4,664

- TIN:

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

TY 2023 DepreciationSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income
OFFICE FURNITURE	2003-07-31	25,390	25,390	S/L	7.0000
NORTH ATLANTIC PHONE SYSTEM	2007-02-07	3,250	3,250	S/L	7.0000
2013 MERCEDES BENZ C300	2016-01-27	21,684	21,684	S/L	5.0000
13 INCH MACBOOK PRO	2021-05-08	2,324	775	S/L	5.0000	464	464
16 INCH MACBOOK PRO	2021-05-08	3,434	1,145	S/L	5.0000	686	686

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ADELANTO CALIF PUB UTIL	9,875	9,875
AETNA US HEALTHCARE
ALAMEDA CORRIDOR	47,625	47,625
ALLENTOWN PA	49,572	49,572
AMERICAN MUN PWR	11,807	11,807
ANOKA MN	20,659	20,659
AUSTIN TX	59,420	59,420
BEAUMONT TX ISD	55,029	55,029
BEDFORD PARK ILL	54,019	54,019
CALIFORNIA PUB FIN AUTH REV	8,303	8,303
CENTRAL TEXAS REGL	8,855	8,855
CHOWCHILLA	57,520	57,520
CITIGROUP
COLORADO HEALTH	26,384	26,384
COMMONWEALTH FA	23,760	23,760
CONNECTICUT ARPT	9,073	9,073
DE CNTY PA	40,211	40,211
DELAWARECNTY PA VOCATIONAL
EAST RAMAPO	11,028	11,028
ELANCO ANIMAL
ENERGY TRANSFER
ESSEX CNTY N J IMPT	8,754	8,754
FEDERAL FARM	19,310	19,310
FEDERAL HOME LOAN BANK	29,761	29,761
FOUNTAIN COLORADO	21,432	21,432
HAMDEN CONN	46,938	46,938
HAWTHORNE CALIF CTFS	48,704	48,704
ILLINOIS ST	19,770	19,770
ILLINOIS ST	19,789	19,789
KY E DEV	54,935	54,935
LYNN HAVEN	9,088	9,088
MAINE ST HSG	51,163	51,163
MAINE ST HSG	8,533	8,533
MARSHVIILE CLINIC	38,791	38,791
MERCK & CO	20,683	20,683
MET NASH/DAVD	30,739	30,739
NE INVT FA SFH	40,206	40,206
NEVADA SYS HIGHER ED	53,238	53,238
NEW JERSEY ECONOMIC DEV	37,191	37,191
NEW YORK N Y CITY	18,818	18,818
NEW YORK ST DORM
NJ ECON DEV AUT	61,222	61,222
NYC NY TRAN AUTH	24,528	24,528
OSCEOLA CNTY FLA TOURIST DEV	46,748	46,748
PARK CREEK MET	13,331	13,331
PATRIOT ENERGY GRP	45,673	45,673
PENNSYLVANIA ST	50,081	50,081
PENNSYLVANIA ST HGR EDUCATION	43,619	43,619
PHIL PA SD	26,185	26,185
POMONA CALIF	9,391	9,391
PREMIER HEALTH	18,091	18,091
RANTOUL ILL TAXABLE GO BDS	52,850	52,850
ROUND LAKE PK ILL TAXABLE GO BD	29,417	29,417
SAN BERNARDINO CNTY CALIF	53,391	53,391
SAN DIEGO CA REDEV AGY	53,609	53,609
SD ST HLTH/ED	27,285	27,285
SEMI TROPIC IMPT	13,710	13,710
SOUTH DAKOTA ST HEALTH & EDL
STANTON CALIF REDEV AGY
SUTTER HEALTH	20,298	20,298
TOOELE CITY UTAH SALES TAX RE	45,296	45,296
TULARE CNTY CALIF	13,688	13,688
U CAL REGTS	52,769	52,769
UNIVERSITY CALIF	4,864	4,864
UNIVERSITY OF P	45,697	45,697
UNIVERSITY TEXAS	56,881	56,881
UPTOWN DEV AUTH TEX TAX	8,189	8,189
VACAVILLE CALIF REDEV	63,916	63,916
WELLINGTON FLORI	20,378	20,378
BANK HAPOALIM BM NEW YORK BRAN	34,952	34,952
SALLIE MAE BK MURRAY UT	24,965	24,965
WELLS FARGO BANK	225,711	225,711
SOFI BANK INTL	226,735	226,735
DISCOVER BANK	226,919	226,919
BANK OF AMERICA	227,765	227,765

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AMERICAN FUNDS NEW WORLD FD CL F2
MFS INTERNATIONAL VALUE I
ABBOTT	34,672	34,672
AMERISOURCEBERGEN CORP
AMGEN	54,723	54,723
BAXTER INTERNATIONAL
CHEVRON CORP	50,416	50,416
CENCORA	76,196	76,196
COCA COLA	50,880	50,880
CONAGRA BRANDS	36,656	36,656
CVS HEALTH CORP	62,062	62,062
DOLLAR GENERAL CORP	62,673	62,673
GLOBAL PAYMENTS	52,959	52,959
GRAINGER W W INC	71,267	71,267
JOHNSON & JOHNSON	58,934	58,934
LOWES COS	81,008	81,008
NIKE	59,062	59,062
MARSH & MCLENNAN COS	53,999	53,999
MEDTRONIC	52,888	52,888
MICROCHIP TECHNOLOGY	81,252	81,252
MONDELEZ INTL INC	64,535	64,535
PERRIGO COMPANY PLC	32,148	32,148
PHILIP MORRIS INTL	44,029	44,029
ROSS STORES	92,721	92,721
SERVICE CORP	41,344	41,344
SMUCKER J M CO
STATE STREET CORP	63,292	63,292
SYSCOM CORP	69,693	69,693
THERMO FISHER SCIENTIFIC INC	52,633	52,633
UNITED PAARCEL SERVICE INC	52,986	52,986
UNITEDHEALTH GROUP	71,600	71,600
US BANK CORP	53,797	53,797
THE WALT DISNEY COMPANY	49,102	49,102
3M CO
ACCENTURE PLC	64,918	64,918
ADVANCE AUTO PARTS	46,440	46,440
ADYEN NV	80,487	80,487
AIA GROUP LIMITED
AFLAC	10,560	10,560
ALCON AG
ALTRIA GROUP	83,221	83,221
ALTARIA GROUP
AMADEUS
AMCOR	4,386	4,386
AMER INTL GROUP	75,880	75,880
AMERIPRISE FINL
AMGEN	19,009	19,009
AON	60,823	60,823
APA CORP
ARCH CAP	50,429	50,429
ASM INTERNATIONAL	63,342	63,342
ASML HOLDING	80,990	80,990
ASTRAZENECA	53,206	53,206
AT & T
ATLAS	44,109	44,109
ATLASSIAN CORPORATION PLC	87,057	87,057
AUTOZONE
BAE SYSTEMS	70,480	70,480
BANK OF AMERICA CORP
BANK OF NEW YORK MELLON CORP	20,924	20,924
BATH & BODY WORKS
BEST BUY CO INC	40,314	40,314
BOOKING HOLDING	70,944	70,944
BUILDERS FIRSTSOURCE INC	84,639	84,639
BOSTON PROPERTIES
BRISTOL-MYERS SQUIBB CO	7,542	7,542
CANADIAN NATURAL	43,112	43,112
CANADIAN PACIFIC	109,419	109,419
CANADIAN PAC RAILWAY
CAPITAL ONE FINANCIAL CORP	11,145	11,145
CARDINAL HEALTH	58,867	58,867
CF INDUSTRIES HOLDINGS INC	13,913	13,913
CH ROBINSON WORLDWIDE	53,043	53,043
CHARTER COMMUNICATIONS	16,324	16,324
CIGNA CORP
CITIGROUP
COMCAST	57,838	57,838
COMERCIA
COMPASS	41,131	41,131
CONCOPHILLIPS	21,473	21,473
COTERRA ENERGY	54,817	54,817
CROWN HOLDINGS INC
CSL LTD
DARDEN RESTAURANTS INC
DELL TECH	15,147	15,147
DEVON ENERGY CORP
DISCOVER FINANCIAL SERVICES	43,948	43,948
DOMINO PIZZA INC
DOW INC	62,298	62,298
DUPONT	33,618	33,618
DSV
EBAY	12,781	12,781
EASTMAN CHEMICAL CO
EPAM SYS INC	36,573	36,573
EQUITABLE HOLDINGS	51,948	51,948
EVOLUTION AB	56,839	56,839
EXPEDIA	10,169	10,169
EXPEDITORS	44,902	44,902
EXPERIAN PLC	58,095	58,095
FAIR ISAAC CORP	22,117	22,117
FERGUSON PLC	80,896	80,896
FERRARI	93,745	93,745
FOX CORP	19,582	19,582
GARTNER INC
GLOBAL PAYMENTS	37,592	37,592
GO DADDY	4,777	4,777
HARTFORD FINANCIAL	42,119	42,119
HCA HEALTHCARE	17,324	17,324
HOST HOTELS	29,653	29,653
HP INCORPORATION	34,363	34,363
ICICI BANK LIMITED	51,852	51,852
ICON	88,601	88,601
INTERNATIONAL PAPER CO	30,836	30,836
KEYCORP COM
KINDER MORGAN INC
KLA CORPORATION	72,081	72,081
L3 HARRIS TECHNOLOGIES INC
LASERTEC CORP
LENNAR CORP
LIBERTY GLOBAL
LINDE	51,749	51,749
LI NING CO LTD
LKQ CORPORATION	10,657	10,657
LOREAL	55,272	55,272
LOEWS CORP
LONZA GROUP
LULULEMON
LUMEN TECHNOLOGY
LOCKHEED MARTIN	38,978	38,978
LOWE'S COMPANIES	42,285	42,285
LVMH MOET HENNESSY LOUIS VTTN	54,096	54,096
MARATHON PETROLEUM GROUP	92,280	92,280
MARATHON OIL	16,066	16,066
MARRIOTT INTL	21,198	21,198
MASCO CORP
MCKESSON CORP	21,297	21,297
MERCADOLIBRE	70,719	70,719
METLIFE
METTER-TOLEDO INTERNATIONAL
MORGAN STANLEY	5,409	5,409
MGM RESORTS INTERNATIONAL
MOSAIC CO
NESTLE	52,380	52,380
NORTHROP GRUMMAN CORP
NOVO NORDISK A/S	112,761	112,761
NUCOR CORP	31,501	31,501
ORACLE
OWENS	6,819	6,819
PERNAD RICARD
PNC FINANCIAL	17,034	17,034
PRINCIPAL FINANCIAL GROUP	24,073	24,073
PULTE GROUP	35,094	35,094
PRUDENTIAL FIANCIAL
QUEST DIAGNOSTICS, INC	31,023	31,023
RESMED INC
SAFRAN	64,165	64,165
SEAGATE TECHNOLOGY	27,233	27,233
REGENCY CENTERS CORP
SCHNEIDER ELECTRIC SE	50,609	50,609
SIKA
SIMON PROPERTY GROUP
STANLEY BLACK & DECKER	13,145	13,145
STATE STREET CORP	38,653	38,653
STEEL DYNAMICS	53,854	53,854
STERIS PLC	52,544	52,544
SYNCHRONY FINL	55,223	55,223
T MOBILE	13,307	13,307
TAPESTRY	7,362	7,362
THE CIGNA GROUP	35,635	35,635
THOMPSON REUTERS	44,743	44,743
UBS GROUP	47,648	47,648
UNION PACIFIC
VALERO	43,940	43,940
VERISK	58,526	58,526
VERIZON COMMUNICATIONS	33,365	33,365
WELLS FARGO	5,956	5,956
WEYERHAEUSER COMPANY
WASTE CONNECTIONS INC (CA)	44,930	44,930
WHIRLPOOL
3M CO	67,888	67,888

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ADVISORSSHARES TRUST PURE US CANNABI	FMV
ISHARES CORE S&P 500	FMV
ISHARES TRUST	FMV
ISHARES TRUST	FMV
SPDR GOLD TRUST	FMV
SIMON PPTY	FMV	36,801	36,801
WEYERHAEUSER CO	FMV	41,237	41,237
AMERICAN FUNDS NEW WORLD	FMV	335,339	335,339
MFS INTERNATIONAL	FMV	1,127,827	1,127,827
ADVISORSSHARES PURE US	FMV	371,670	371,670
SPDR S&P BIOTECH	FMV	44,645	44,645

- TIN:

TY 2023 LandEtcSchedule2

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
	56,082	53,395	2,687	2,687

- TIN:

TY 2023 OtherExpensesSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
EXPENSES
AUTOMOBILE	2,249	562	1,687
BOARD EXPENSES	8,974		8,974
GENERAL INSURANCE	1,843	719	1,124
INSURANCE	56,066	12,335	43,731
OFFICE EXPENSE	1,536	154	1,383
PROFESSIONAL DUES & SUBS	209		209
TELEPHONE	4,445	445	4,000

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Description	Amount
UNREALIZED GAIN	729,392

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISOR FEES	53,841	53,841

- TIN:

TY 2023 TaxesSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
FOREIGN TAXES	5,115	5,115
PROPERTY TAXES	68	7	61
FEDERAL EXCISE TAX	4,414