Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
HEAD & HEART FOUNDATION TR 12319
 
Number and street (or P.O. box number if mail is not delivered to street address)BESSEMER TR 20 MONTCHANIN RD 1500
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE19807
A Employer identification number

37-6701408
B Telephone number (see instructions)

(516) 508-9623
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$272,238,787J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,531,443 3,531,443  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 284,416
b Gross sales price for all assets on line 6a 74,386,026
7 Capital gain net income (from Part IV, line 2)... 284,416
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........ 3,815,859 3,815,859  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 449,471 299,647   149,824
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
33,500 0   33,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
167 111   56
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
43,068 12,968   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
395 0   395
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 526,601 312,726   183,775
25 Contributions, gifts, grants paid....... 13,040,000 13,040,000
26 Total expenses and disbursements. Add lines 24 and 25 13,566,601 312,726   13,223,775
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -9,750,742
b Net investment income (if negative, enter -0-) 3,503,133
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 6,940,384 5,228,680 5,228,680
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 40,037,412 Click to see attachment
List of Attached Documents:
// Content
39,085,771 		39,249,350
b Investments—corporate stock (attach schedule)....... 181,778,739 Click to see attachment
List of Attached Documents:
// Content
177,291,616 		209,002,510
c Investments—corporate bonds (attach schedule)....... 21,769,542 Click to see attachment
List of Attached Documents:
// Content
19,044,577 		18,758,247
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 250,526,077 240,650,644 272,238,787
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 250,526,077 240,650,644
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 250,526,077 240,650,644
30 Total liabilities and net assets/fund balances (see instructions). 250,526,077 240,650,644
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
250,526,077
2
Enter amount from Part I, line 27a .....................
2
-9,750,742
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3,594
4
Add lines 1, 2, and 3 ..........................
4
240,778,929
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
128,285
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
240,650,644
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b PUBLICLY TRADED SECURITIES P    
c PUBLICLY TRADED SECURITIES P    
d PUBLICLY TRADED SECURITIES P    
e Capital Gains Dividends P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,789,783   3,996,704 -206,921
b 16,814,109   13,167,555 3,646,554
c 22,914,495   23,342,573 -428,078
d 30,866,564   33,594,778 -2,728,214
e 1,075     1,075
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       -206,921
b       3,646,554
c       -428,078
d       -2,728,214
e       1,075
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 284,416
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 48,694
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 48,694
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 48,694
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 37,419
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 37,419
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 11,275
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowDE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowBESSEMER TRUST Telephone no.right arrow (516) 508-9623

Located atright arrow1225 FRANKLIN AVENUEGARDEN CITYNY ZIP+4right arrow11530
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
HB PRESIDENT
1.00 		0 0 0
C/O BESSEMER TRUST 20 MONTCHANIN
ROAD
WILMINGTON,DE19807
BESSEMER TRUST COMPANY OF DELAWARE CORPORATE TRUSTEE
40.00 		449,471 0 0
20 MONTCHANIN ROAD
WILMINGTON,DE19807
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
254,322,901
b
Average of monthly cash balances.......................
1b
2,433,440
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
256,756,341
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
256,756,341
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,851,345
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
252,904,996
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
12,645,250
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
12,645,250
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
48,694
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
48,694
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
12,596,556
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
12,596,556
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
12,596,556
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
13,223,775
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
13,223,775
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 12,596,556
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 12,714,078
b Total for prior years:20 , 20, 20 0
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 ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 13,223,775
a Applied to 2022, but not more than line 2a 12,714,078
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 509,697
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		12,086,859
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ADVOCATES FOR THE WEST

1320 W FRANKLIN STREET
BOISE,ID83702 		N/A PUBLIC CHARITY GENERAL SUPPORT 75,000

AFRICAN PARKS FOUNDATION OF AMERICA

21 WEST 46TH STREET STE 1107
NEW YORK,NY10036 		N/A PUBLIC CHARITY GENERAL SUPPORT 425,000

AFRICAN WILDLIFE FOUNDATION

1100 NEW JERSEY AVENUE SE STE 900
WASHINGTON,DC20003 		N/A PUBLIC CHARITY GENERAL SUPPORT 225,000

AMERICAN BIRD CONSERVANCY

4249 LOUDON AVENUE
THE PLAINS,VA20198 		N/A PUBLIC CHARITY GENERAL SUPPORT 475,000

AMERICAN FORESTS

1220 L STREET NW STE 750
WASHINGTON,DC20005 		N/A PUBLIC CHARITY GENERAL SUPPORT 250,000

AMERICAN PRAIRIE FOUNDATION

7 EAST BEALL STREET STE 100
BOZEMAN,MT59715 		N/A PUBLIC CHARITY GENERAL SUPPORT 250,000

AMERICAN RIVERS

1101 14TH STREET NW STE 1400
WASHINGTON,DC20005 		N/A PUBLIC CHARITY GENERAL SUPPORT 450,000

ARCAS WILDLIFE RESCUE AND CONSERVATION ASSOCIATION

SECTION 717 PO BOX 52-7270
MIAMI,FL33152 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

BAT CONSERVATION INTERNATIONAL

500 N CAPITAL OF TEXAS HIGHWAY BLDG
1
AUSTIN,TX78746 		N/A PUBLIC CHARITY GENERAL SUPPORT 150,000

BAT WORLD SANCTUARY

299 HIGH POINT ROAD
WEATHERFORD,TX76088 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

BEYOND PESTICIDES

701 E STREET SE STE 200
WASHINGTON,DC20003 		N/A PUBLIC CHARITY GENERAL SUPPORT 100,000

BIG CAT RESCUE CORP

12802 EASY STREET
TAMPA,FL33625 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

BLUE MOUNTAIN WILDLIFE

71046 APPALOOSA LANE
PENDLETON,OR97801 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

BORN FREE USA

8737 COLESVILLE ROAD STE 715
SILVER SPRING,MD20910 		N/A PUBLIC CHARITY GENERAL SUPPORT 200,000

CAF AMERICA

225 REINEKERS LANE STE 375
ALEXANDRIA,VA22314 		N/A PUBLIC CHARITY GENERAL SUPPORT 150,000

CASCADES RAPTOR CENTER

32275 FOX HOLLOW ROAD
EUGENE,OR97405 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

CENTER FOR BIOLOGICAL DIVERSITY

PO BOX 710
TUCSON,AZ85702 		N/A PUBLIC CHARITY GENERAL SUPPORT 450,000

CENTER FOR ORANGUTAN AND CHIMPANZEE CONSERVATION

PO BOX 488
WAUCHULA,FL33873 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

CHESAPEAKE BAY FOUNDATION

6 HERNDON AVENUE
ANNAPOLIS,MD21403 		N/A PUBLIC CHARITY GENERAL SUPPORT 125,000

CHIMPANZEE SANCTUARY NORTHWEST

PO BOX 952
CLE ELUM,WA98922 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

CONSERVATION INTERNATIONAL FOUNDATION

2011 CRYSTAL DRIVE STE 600
ARLINGTON,VA22202 		N/A PUBLIC CHARITY GENERAL SUPPORT 400,000

CONSERVATION LAW FOUNDATION

62 SUMMER STREET
BOSTON,MA02110 		N/A PUBLIC CHARITY GENERAL SUPPORT 150,000

CONSERVATION NORTHWEST

1829 10TH AVENUE W STE B
SEATTLE,WA98119 		N/A PUBLIC CHARITY GENERAL SUPPORT 200,000

DAVID SHELDRICK WILDLIFE TRUST

25283 CABOT ROAD STE 101
LAGUNA HILLS,CA92653 		N/A PUBLIC CHARITY GENERAL SUPPORT 150,000

DEFENDERS OF WILDLIFE

1130 17TH STREET NW
WASHINGTON,DC20036 		N/A PUBLIC CHARITY GENERAL SUPPORT 400,000

DIAN FOSSEY GORILLA FUND INTERNATIONAL

800 CHEROKEE AVENUE SE
ATLANTA,GA30315 		N/A PUBLIC CHARITY GENERAL SUPPORT 150,000

EARTHJUSTICE

50 CALIFORNIA STREET STE 500
SAN FRANCISCO,CA94111 		N/A PUBLIC CHARITY GENERAL SUPPORT 450,000

EVERGLADES FOUNDATION

18001 OLD CUTLER ROAD STE 302
PALMETTO BAY,FL33157 		N/A PUBLIC CHARITY GENERAL SUPPORT 125,000

FOSTER PARROTS LTD

PO BOX 34
HOPE VALLEY,RI02832 		N/A PUBLIC CHARITY GENERAL SUPPORT 500,000

FRIENDS OF ANIMALS

777 POST ROAD STE 205
DARIEN,CT06820 		N/A PUBLIC CHARITY GENERAL SUPPORT 225,000

FRIENDS OF BUFORD PARK AND MT PISGAH

PO BOX 5266
EUGENE,OR97405 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

FRIENDS OF TREES

3117 NE MARTIN LUTHER KING JR BLVD
PORTLAND,OR97212 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

GLOBAL SANCTUARY FOR ELEPHANTS

PO BOX 2426
BRENTWOOD,TN37024 		N/A PUBLIC CHARITY GENERAL SUPPORT 200,000

GREEN FORESTS WORK

730 ROSE STREET
LEXINGTON,KY40536 		N/A PUBLIC CHARITY GENERAL SUPPORT 75,000

HUMANE SOCIETY INTERNATIONAL

1255 23RD STREET STE 450
WASHINGTON,DC20037 		N/A PUBLIC CHARITY GENERAL SUPPORT 200,000

INTERNATIONAL ANIMAL RESCUE US INC

PO BOX 137
SHREWSBURY,MA01545 		N/A PUBLIC CHARITY GENERAL SUPPORT 100,000

INTERNATIONAL FUND FOR ANIMAL WELFARE

290 SUMMER STREET
YARMOUTH PORT,MA02675 		N/A PUBLIC CHARITY GENERAL SUPPORT 100,000

INTERNATIONAL PRIMATE PROTECTION LEAGUE

PO BOX 766
SUMMERVILLE,SC29484 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

LEMUR CONSERVATION FOUNDATION

PO BOX 249
MYAKKA CITY,FL34251 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

LIONS TIGERS AND BEARS

24402 MARTIN WAY
ALPINE,CA91901 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

LIVING LANDS AND WATERS

17624 ROUTE 84 NORTH
EAST MOLINE,IL61244 		N/A PUBLIC CHARITY GENERAL SUPPORT 100,000

LOWRY PARK ZOOLOGICAL SOCIETY

1101 W SLIGH AVENUE
TAMPA,FL33604 		N/A PUBLIC CHARITY GENERAL SUPPORT 125,000

MARINE MAMMAL CENTER

2000 BUNKER ROAD FORT CRONKHITE
SAUSALITO,CA94965 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

MIDWEST AVIAN ADOPTION & RESCUE SERVICES

1360 UNIVERSITY AVE W 347
ST PAUL,MN55104 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

MONTANA WILDERNESS ASSOCIATION

80 S WARREN STREET
HELENA,MT59601 		N/A PUBLIC CHARITY GENERAL SUPPORT 75,000

NATIONAL WILDLIFE FEDERATION

2000 RIVERSIDE DRIVE STE 101
LOS ANGELES,CA90039 		N/A PUBLIC CHARITY GENERAL SUPPORT 350,000

NATIVE MOVEMENT

PO BOX 83467
FAIRBANKS,AK99708 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

NEW ENGLAND AQUARIUM

1 CENTRAL WHARF
BOSTON,MA02110 		N/A PUBLIC CHARITY GENERAL SUPPORT 125,000

NORTHCOAST MARINE MAMMAL CENTER

424 HOWE DRIVE
CRESCENT CITY,CA95531 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

OASIS SANCTUARY FOUNDATION

PO BOX 2166
SCOTTSDALE,AZ85252 		N/A PUBLIC CHARITY GENERAL SUPPORT 250,000

OCEANA

1025 CONNECTICUT AVENUE NW STE 200
WASHINGTON,DC20036 		N/A PUBLIC CHARITY GENERAL SUPPORT 300,000

OPEN SPACE INSTITUTE

1350 BROADWAY STE 201
NEW YORK,NY10018 		N/A PUBLIC CHARITY GENERAL SUPPORT 250,000

ORANGUTAN FOUNDATION INTERNATIONAL

824 WELLESLEY AVENUE
LOS ANGELES,CA90049 		N/A PUBLIC CHARITY GENERAL SUPPORT 150,000

OREGON WILDLIFE HERITAGE FOUNDATION

2337 NW YORK STREET 201C
PORTLAND,OR97210 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

POLAR BEARS INTERNATIONAL

PO BOX 3008
BOZEMAN,MT59772 		N/A PUBLIC CHARITY GENERAL SUPPORT 100,000

PRIMARILY PRIMATES INC

26099 DULL KNIFE TRAIL
SAN ANTONIO,TX78255 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

PROGRESSIVE ANIMAL WELFARE

PO BOX 1037
LYNNWOOD,WA98046 		N/A PUBLIC CHARITY GENERAL SUPPORT 250,000

PROJECT CHIMPS

PO BOX 2140
BLUE RIDGE,GA30513 		N/A PUBLIC CHARITY GENERAL SUPPORT 250,000

REP FOR WILDLIFE

3621 HIDDEN RIDGE ROAD
JAMUL,CA91935 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

RAINFOREST TRUST

7200 LINEWEAVER ROAD STE 210
VINT HILL,VA20187 		N/A PUBLIC CHARITY GENERAL SUPPORT 450,000

SAVE THE CHIMPS INC

PO BOX 23330
FORT PIERCE,FL34979 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

SEA TURTLE OVERSIGHT PROTECTION

3104 NE 9TH STREET STE A
FORT LAUDERDALE,FL33304 		N/A PUBLIC CHARITY GENERAL SUPPORT 15,000

SOUTHEAST ALASKA CONSERVATION

2207 JORDAN AVENUE
JUNEAU,AK99801 		N/A PUBLIC CHARITY GENERAL SUPPORT 100,000

SR3 SEALIFE RESPONSE REHABILITATION

2003 SOUTH 216TH STREET 98811
DES MOINES,WA98198 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

THE CONSERVATION FUND

1655 N FORT MYER DRIVE STE 1300
ARLINGTON,VA22209 		N/A PUBLIC CHARITY GENERAL SUPPORT 400,000

TRUSTEES FOR ALASKA

1026 WEST 4TH STREET STE 201
ANCHORAGE,AK99501 		N/A PUBLIC CHARITY GENERAL SUPPORT 100,000

TUCSON WILDLIFE CENTER

PO BOX 18320
TUCSON,AZ85731 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

UNITED TRIBES OF BRISTOL BAY

PO BOX 1252
DILLINGHAM,AK99576 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

WESTERN ENVIRONMENTAL LAW CENTER

120 SHELTON MCMURPHEY BLVD STE 340
EUGENE,OR97401 		N/A PUBLIC CHARITY GENERAL SUPPORT 125,000

WESTERN RIVERS CONSERVANCY

71 SW OAK STREET STE 100
PORTLAND,OR97204 		N/A PUBLIC CHARITY GENERAL SUPPORT 175,000

WESTERN WATERSHEDS PROJECT

PO BOX 1770
HAILEY,ID83333 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

WILD ANIMAL SANCTUARY

2999 COUNTY ROAD 53
KEENESBURG,CO80643 		N/A PUBLIC CHARITY GENERAL SUPPORT 100,000

WILDAID

333 PINE STREET STE 300
SAN FRANCISCO,CA94104 		N/A PUBLIC CHARITY GENERAL SUPPORT 125,000

WILDCAT RIDGE SANCTUARY

PO BOX 280
SCOTTS MILLS,OR97375 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

WILDCAT SANCTUARY

PO BOX 314
SANDSTONE,MN55072 		N/A PUBLIC CHARITY GENERAL SUPPORT 50,000

WILDLIFE CONSERVATION NETWORK

209 MISSISSIPPI STREET
SAN FRANCISCO,CA94107 		N/A PUBLIC CHARITY GENERAL SUPPORT 200,000

WILDLIFE CONSERVATION SOCIETY

2300 SOUTHERN BOULEVARD
BRONX,NY10460 		N/A PUBLIC CHARITY GENERAL SUPPORT 300,000

WILDLIFE REHABILITATORS ASSOC OF RHODE ISLAND

2865 TOWER HILL ROAD
SAUNDERSTOWN,RI02874 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

WILDLIFE RESCUE AND REHABILITATION

PO BOX 369
KENDALIA,TX78027 		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000

WILDLIFE SOS

406 E 300 S 302
SALT LAKE CITY,UT84111 		N/A PUBLIC CHARITY GENERAL SUPPORT 100,000

WORKING DOGS FOR CONSERVATION

PO BOX 280
BOZEMAN,MT59771 		N/A PUBLIC CHARITY GENERAL SUPPORT 75,000

WORLD WILDLIFE FUND

1250 24TH STREET NW
WASHINGTON,DC20037 		N/A PUBLIC CHARITY GENERAL SUPPORT 250,000

XERCES SOCIETY

628 NE BROADWAY STE 200
PORTLAND,OR97232 		N/A PUBLIC CHARITY GENERAL SUPPORT 150,000

YELLOWSTONE TO YUKON CONSERVATION INITIATIVE

PO BOX 157
BOZEMAN,MT59771 		N/A PUBLIC CHARITY GENERAL SUPPORT 250,000
Total .................................right arrow 3a 13,040,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 3,531,443  
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 ............ 		    18 284,416  
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) .. 0 3,815,859 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,815,859
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
HEAD & HEART FOUNDATION TR 12319
EIN:
37-6701408
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX RETURN PREPARATION FEE 2,000 0   2,000
ACCOUNTING FEE 31,500 0   31,500

TY 2023 InvestmentsCorpBondsSchedule
Name:
HEAD & HEART FOUNDATION TR 12319
EIN:
37-6701408
Name of Bond End of Year Book Value End of Year Fair Market Value
665000 ABBVIE INC 687,318 653,270
500000 AIR LEASE CORP 493,985 513,120
335000 AMAZON.COM INC 334,933 301,628
500000 AUTOZONE INC 499,510 497,258
312000 CATERPILLAR FINL SERVICE 311,604 306,758
510000 CHARLES SCHWAB CORP 509,760 454,133
370000 CIGNA CORP 326,462 342,988
500000 CINTAS CORPORATION NO. 2 499,890 490,630
615000 COMCAST CORP 652,699 606,487
430000 CVS HEALTH CORP 431,165 441,319
390000 D.R. HORTON INC 388,881 347,271
435000 ELECTRONIC ARTS INC 444,175 435,758
300000 GENERAL MOTORS FINL CO 312,181 295,750
200000 GENERAL MOTORS FINL CO 206,899 196,728
258000 HP ENTERPRISE CO 273,756 257,098
500000 L3HARRIS TECH INC 495,925 510,522
500000 LABORATORY CORP OF AMER 447,335 461,894
500000 MCDONALD'S CORP 497,730 486,016
500000 MOODY'S CORPORATION 499,265 486,949
470000 PAYPAL HOLDINGS INC 474,288 430,462
657000 PUBLIC STORAGE 570,460 590,888
500000 PUBLIC STORAGE 500,904 446,302
500000 RYDER SYSTEM INC 499,760 530,233
357000 SHERWIN-WILLIAMS CO 371,611 347,567
500000 SOUTHERN CO GAS CAPITAL 499,470 525,557
640000 SOUTHWEST AIRLINES CO 637,062 642,945
495000 STARBUCKS CORP 494,401 497,122
400000 STRYKER CORP 399,212 378,378
500000 SYSCO CORPORATION 500,265 521,571
470000 TOYOTA MOTOR CREDIT CORP 469,727 469,288
485000 WARNERMEDIA HOLDINGS INC 485,000 485,376
500000 ZIMMER BIOMET HOLDINGS 502,375 515,137
500000 MAGNA INTERNATIONAL INC 501,434 495,189
475000 DIAGEO CAPITAL PLC 474,373 479,195
455000 PFIZER INVESTMENT ENTER 454,454 455,079
375000 BMWLT 2022-1 A3 97,487 96,982
500000 CARMAX 2022-4 A3 499,883 501,261
400000 CARMX 2021-2 A3 160,065 156,673
500000 CHN 2021-B A3 305,319 295,231
500000 HAROT 2023-2 A3 499,919 501,883
500000 JDOT 2021-A A3 142,419 139,706
500000 SDART 2023-1 B 491,289 496,080
700000 VZMT 2021-2 B 699,927 674,565

TY 2023 InvestmentsCorpStockSchedule
Name:
HEAD & HEART FOUNDATION TR 12319
EIN:
37-6701408
Name of Stock End of Year Book Value End of Year Fair Market Value
17100 SHS ALIMENTATION COUCHE-TARD I 858,108 1,010,075
12640 SHS ALPHABET INC CLASS C 648,159 1,781,355
12420 SHS AMAZON.COM INC 745,528 1,887,095
8650 SHS AMEREN CORP 688,866 625,741
1748 SHS AON PLC 489,897 508,703
13750 SHS APPLE INC 577,740 2,647,288
6250 SHS ASHTEAD GROUP 419,397 434,741
594 SHS ASM INTERNATIONAL NV 207,237 308,461
1459 SHS ASML HOLDING 739,585 1,099,033
18537 SHS AVANTOR INC 489,333 423,200
4050 SHS BATH & BODY WORKS INC 182,680 174,798
7270 SHS BJ'S WHOLESALE CLUB HOLDIN 457,878 484,618
4000 SHS BLACKSTONE INC 199,724 523,680
2834 SHS BOOZ ALLEN HAMILTON HLDGS 296,178 362,497
8950 SHS BROOKFIELD CORPORATION 378,281 359,074
8350 SHS CANADIAN PACIFIC KANSAS CI 636,749 662,688
1550 SHS CARLISLE COS 310,091 484,267
1949 SHS CDW CORP/DE 204,078 443,047
4950 SHS CENCORA INC 827,731 1,016,631
2455 SHS CLEAN HARBORS INC 326,425 428,422
85 SHS CONSTELLATION SOFTWARE 211,378 211,391
1209 SHS COOPER COS INC 270,025 457,534
17000 SHS COPART INC 469,743 833,000
841 SHS COSTCO WHSL CORP NEW 412,452 555,127
2000 SHS CRH PLC 137,595 138,320
3052 SHS DANAHER CORP 347,164 706,050
7150 SHS DOLLARAMA INC 220,422 516,844
2150 SHS EATON CORP PLC 311,031 517,763
2265 SHS EQUIFAX INC 332,248 560,112
3697 SHS EXPEDIA GROUP INC 539,839 561,168
1564 SHS GARTNER INC CL A 576,685 705,536
4550 SHS HEALTH CARE SELECT SPDR 624,211 620,529
4000 SHS HILTON WORLDWIDE HOLDINGS 376,015 728,360
17200 SHS HOWMET AEROSPACE INC 622,446 930,864
7050 SHS INTERCONTINENTAL EXCHG INC 725,918 905,432
3435 SHS IQVIA HOLDINGS INC 535,441 794,790
2799 SHS KEYSIGHT TECHNOLOGIES INC 434,490 445,293
1287 SHS LINCOLN ELEC HLDG 167,594 279,871
2520 SHS LIVE NATION ENTERTMNT INC 194,498 235,872
2325 SHS LOWES COS INC 499,330 517,429
597 SHS LVMH MOET HENNESSY VUITTON 284,915 483,945
1373 SHS MANHATTAN ASSOCIATES INC 255,969 295,634
9850 SHS MARVELL TECHNOLOGY INC 450,845 594,054
962 SHS MEDPACE HOLDINGS 267,294 294,882
387 SHS MERCADOLIBRE INC 526,029 608,186
3150 SHS META PLATFORMS INC 586,449 1,114,974
8868 SHS MICROSOFT CORP 736,749 3,334,723
2930 SHS MOTOROLA SOLUTIONS INC 750,186 917,354
5678 SHS NASDAQ INC. 142,312 330,119
2354 SHS NICE LTD ADR 415,806 469,647
1375 SHS NORTHROP GRUMMAN CORP 505,833 643,693
2946 SHS NVIDIA CORP 782,023 1,458,918
9000 SHS ORACLE CORP 746,218 948,870
1536671.401 SHS OW CREDIT INCOME FUND 15,197,773 12,462,405
6424309.49 SHS OW LARGE CAP STRATEGIES FD 94,356,415 111,526,013
2095921.025 SHS OW SMALL & MIDCAP STRAT FD 33,984,455 32,340,061
707 SHS POOL CORP 261,488 281,888
6050 SHS PROLOGIS INC 838,591 806,465
3650 SHS RYAN SPECIALTY HOLDNGS INC 154,237 157,023
1593 SHS S&P GLOBAL INC. 427,508 701,748
718 SHS SAIA INC COM 138,494 314,642
611 SHS SERVICENOW INC 104,345 431,665
2200 SHS SHERWIN-WILLIAMS CO 519,144 686,180
2640 SHS SMITH A O CORP 113,472 217,642
2266 SHS STERIS PLC 237,435 498,180
5600 SHS TAKE-2 INTERACTIVE 719,222 901,320
878 SHS TELEFLEX INC 231,350 218,921
1370 SHS THERMO FISHER SCIENTIFIC 308,767 727,182
4823 SHS TRADEWEB MARKETS INC 322,209 438,314
12350 SHS TRANSUNION 849,318 848,569
873 SHS ULTA BEAUTY INC 377,487 427,761
3530 SHS UNITEDHEALTH GROUP INC 913,222 1,858,439
10679 SHS US FOODS HOLDING CORP 283,867 484,933
8745 SHS VISA INC 970,467 2,276,761
2200 SHS VULCAN MATERIALS 391,647 499,422
4500 SHS WALMART INC 671,049 709,425
1764 SHS WEX INC 285,173 343,186
10397 SHS WILLSCOT MOBILE MINI HOLDI 491,663 462,667

TY 2023 InvestmentsGovtObligationsSch
Name:
HEAD & HEART FOUNDATION TR 12319
EIN:
37-6701408
US Government Securities - End of Year Book Value:

38,385,771
US Government Securities - End of Year Fair Market Value:

38,662,265
State & Local Government Securities - End of Year Book Value:


700,000
State & Local Government Securities - End of Year Fair Market Value:


587,085


TY 2023 OtherDecreasesSchedule
Name:
HEAD & HEART FOUNDATION TR 12319
EIN:
37-6701408
Description Amount
NET CASH ADJUSTMENT 128,274
ROUNDING 11


TY 2023 OtherExpensesSchedule
Name:
HEAD & HEART FOUNDATION TR 12319
EIN:
37-6701408
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE FILING FEE 300 0   300
DE REPRESENTATION FEE 95 0   95


TY 2023 OtherIncreasesSchedule
Name:
HEAD & HEART FOUNDATION TR 12319
EIN:
37-6701408
Description Amount
ASSETS RECEIVED FROM MATHESON ESTATE 3,481
BASIS ADJUSTMENTS 113


TY 2023 OtherProfessionalFeesSchedule
Name:
HEAD & HEART FOUNDATION TR 12319
EIN:
37-6701408
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 167 111   56


TY 2023 TaxesSchedule
Name:
HEAD & HEART FOUNDATION TR 12319
EIN:
37-6701408
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAX PAYMENTS 30,100 0   0
FOREIGN TAXES 12,968 12,968   0