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
A H BEAN FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)800 22ND AVENUE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
TUSCALOOSA, AL35401

A Employer identification number

63-6134142

B Telephone number (see instructions)

(205) 391-5720

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

$6,144,748J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	154,008		154,008
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10	List of Attached Documents: // Content	55,613
b	Gross sales price for all assets on line 6a 885,726
7	Capital gain net income (from Part IV, line 2)...
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......	List of Attached Documents: // Content	19,570	19,570	19,570
12	Total. Add lines 1 through 11........	229,191		173,578	19,570
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	5,150			5,150
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	14,846	14,846
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	104,471	28,476		75,995
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	124,467		43,322		81,145
25	Contributions, gifts, grants paid.......	446,500				446,500
26	Total expenses and disbursements. Add lines 24 and 25	570,967		43,322		527,645
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-341,776
b	Net investment income (if negative, enter -0-)			130,256
c	Adjusted net income (if negative, enter -0-)...				19,570

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.............
	2	Savings and temporary cash investments.........	77,782	180,852	180,852
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	3,004,456	List of Attached Documents: // Content 2,960,857	3,966,049
	c	Investments—corporate bonds (attach schedule).......	1,921,394	List of Attached Documents: // Content 2,101,558	1,997,847
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 3,235,118	List of Attached Documents: // Content 3,531,979
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	8,238,750	8,775,246	6,144,748
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	8,238,750	8,775,246
	29	Total net assets or fund balances (see instructions).....	8,238,750	8,775,246
	30	Total liabilities and net assets/fund balances (see instructions).	8,238,750	8,775,246

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

8,238,750

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

-341,776

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

878,272

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

8,775,246

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 .

8,775,246

Form 990-PF (2023)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1a
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a
b
c
d
e

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

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	1,811
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	1,811
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	1,811
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	6,696
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	6,696
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	4,885
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax4,885	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 .............................

Yes

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

NONE

The books are in care of right arrow

REGIONS BANK, REGIONS BANK Telephone no. right arrow

(205) 391-5720

Located at right arrow

2222 9TH STREETTUSCALOOSAAL ZIP+4 right arrow

35401

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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
CONNIE OSWALT	BOARD MEMBER 000.00	0	0	0
3824 BLACKBERRY LANE NORTHPORT,AL35473	BOARD MEMBER 000.00	0	0	0
SCOTT RIDINGS	BOARD MEMBER 000.00	0	0	0
7500 52ND STREET NORTHPORT,AL35473	BOARD MEMBER 000.00	0	0	0
TOMMY KNIGHT	BOARD MEMBER 000.00	0	0	0
6015 FLATWOODS ROAD NORTHPORT,AL35473	BOARD MEMBER 000.00	0	0	0
REGIONS BANK REGIONS BANK	TRUSTEE 000.00	0	0	0
2222 9TH STREET TUSCALOOSA,AL35401	TRUSTEE 000.00	0	0	0

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


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









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

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	FLATWOODS BAPTIST CHURCH 4520 70TH AVENUE NORTHPORT, ALABAMA 35404	89,000
2	CENTRAL CHURCH OF CHRIST 304 HARGROVE ROAD TUSCALOOSA, AL 35401	75,000
3	AMERICAN CHRISTIAN ACADEMY 2300 VETERANS MEMORIAL PARKWAY TUSCALOOSA, ALABAMA 35404	55,000
4	SHELTON STATE COMMUNITY COLLEGE 9500 OLD GREENSBORO ROAD TUSCALOOSA, AL 35405	49,500

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

6,006,652

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

129,292

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

3,708,553

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

9,844,497

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

9,844,497

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

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

147,667

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

9,696,830

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

484,842

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

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

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

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

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

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

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

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

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

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 ..........

527,645

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. .......

527,645

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
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......
e From 2022......
f Total of lines 3a through e ........
4Qualifying distributions for 2023 from Part
XI, line 4: $ 527,645
a Applied to 2022, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2023 distributable amount.....
e Remaining amount distributed out of corpus		527,645
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		527,645
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 ..........
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....
c Excess from 2021....
d Excess from 2022....
e Excess from 2023....

Form 990-PF (2023)

Page 10

Part XIII

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

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

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

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2023	(b) 2022	(c) 2021	(d) 2020	(e) Total
	19,570	401,821	171,503	56,520	649,414
b 85% (0.85) of line 2a .........	16,635	341,548	145,778	48,042	552,003
c Qualifying distributions from Part XI, line 4 for each year listed .....	527,645	535,518	532,855	511,090	2,107,108
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 ....	527,645	535,518	532,855	511,090	2,107,108
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 ..	323,228	328,912	347,645	322,839	1,322,624
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:

REGIONS BANK
2222 9TH STREET
TUSCALOOSA,AL35401
(205) 391-5720

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

1. SUBMISSION MUST BE IN WRITING. 2. SUBMISSION MUST STATE PURPOSE OF REQUEST. 3. ORGANIZATION MAKING SUBMISSION MUST BE A NON-PROFIT OR MUST BE RELATED TO EDUCATION.

cAny submission deadlines:

NONE

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

SEE B. ABOVE.

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
FLATWOODS BAPTIST CHURCH 4520 70TH AVENUE NORTHPORT,AL35473	NONE		GENERAL SUPPORT	89,000
CENTRAL CHURCH OF CHRIST 304 HARGROVE ROAD TUSCALOOSA,AL35401	NONE		GENERAL SUPPORT	75,000
SHELTON STATE COMM COLL 9500 OLD GREENSBORO ROAD TUSCALOOSA,AL35405	NONE		SCHOLARSHIPS	49,500
AMERICAN CHRISTIAN ACADEMY 2300 VETERANS MEMORIAL PK TUSCALOOSA,AL354044158	NONE		GENERAL SUPPORT	55,000
TRINITY PRESBYTERIAN CHURCH 5518 RICE MINE ROAD NE 2 TUSCALOOSA,AL35406	NONE		GENERAL SUPPORT	5,000
VOICE OF THE MARTYRS PO BOX 443 BARTLESVILLE,OK740050443	NONE		GENERAL SUPPORT	15,000
HILLSDALE COLLEGE 33 EAST COLLEGE STREET HILLSDALE,MI49242	NONE		GENERAL SUPPORT	3,500
PHOENIX RESCUE MISSION 1801 S 35TH AVENUE PHOENIX,AZ85009	NONE		GENERAL SUPPORT	15,000
THROUGH THE BIBLE RADIO NETWORK PO BOX 7100 PASADENA,CA91109	NONE		GENERAL SUPPORT	15,000
ARIZONA HUMANE SOCIETY 1521 W DOBBINS ROAD PHOENIX,AZ85041	NONE		GENERAL SUPPORT	2,500
WOUNDED WARRIOR PROJECT 4899 BELFORT ROAD SUITE 300 JACKSONVILLE,FL32256	NONE		GENERAL SUPPORT	3,500
BERACHA CHURCH HIGHSCHOOL ROAD ANDHRA PRADESH,AL35401	NONE		GENERAL SUPPORT	7,000
HIGH SOCKS FOR HOPE 3617 MCFARLAND BLVD NORTHPORT,AL35476	NONE		GENERAL SUPPORT	15,000
FOREVER YOUNG FOUNDATION 1424 S STAPLEY DRIVE MESA,AZ85204	NONE		GENERAL SUPPORT	2,500
TUNNELS TO TOWERS 2361 HYLAN BLVD STATEN ISLAND,NY10306	NONE		GENERAL SUPPORT	10,000
ST JUDE CHILDREN'S RESEARCH HOSP 262 DANNY THOMAS PLACE MEMPHIS,TN38105	NONE		GENERAL SUPPORT	15,500
POTTER CHILDREN'S HOME 2350 NASHVILLE ROAD BOWLING GREEN,KY42101	NONE		GENERAL SUPPORT	10,000
CYSTIC FIBROSIS FOUNDATION 4550 MONTGOMERY AVENUE SUITE 1100 N BETHESDA,MD20814	NONE		GENERAL SUPPORT	9,000
AGAPE MINISTRIES PO BOX 871021 MESQUITE,TX75187	NONE		GENERAL SUPPORT	9,000
HOPE CHURCH 26525 N 19TH AVENUE PHOENIX,AZ85085	NONE		GENERAL SUPPORT	2,500
ISAIAH 3021 PROJECT 3050 SOUTH COUNTRY CL DR MESA,AZ85210	NONE		GENERAL SUPPORT	15,000
HARVEST COMPASSION CNETER 4002 N 67TH AVENUE PHOENIX,AZ85033	NONE		GENERAL SUPPORT	3,500
MAX'S HELPING PAWS FOUNDATION 26388 CARMEL RANCHO LANE SUITE D CARMEL,CA93923	NONE		GENERAL SUPPORT	1,500
PETSMART CHARITIES 1960 NORTH 27TH AVENUE PHOENIX,AZ85027	NONE		GENERAL SUPPORT	2,500
TURNING POINT USA 4940 EAST BEVERLY ROAD PHOENIX,AZ85044	NONE		GENERAL SUPPORT	3,000
BILLY GRAHAM MINISTRIES 1 BILLY GRAHAM PARKWAY CHARLOTTE,NC28201	NONE		GENERAL SUPPORT	2,500
PEACEFUL VALLEY DONKEY RESCUE 8317 DUCKWORTH ROAD SAN ANGELO,TX76905			GENERAL SUPPORT	5,000
PHOENIX SEMINARY 7901 E SHEA BLVD SCOTTSDALE,AZ85260			GENERAL SUPPORT	1,500
OUR DAILEY BREAD MINISTRIES PO BOX 2222 GRAND RAPIDS,MI49501			GENERAL SUPPORT	1,000
NEIGHBORHOOD MINISTRIES 1918 W VAN BUREN STREET PHOENIX,AZ85009			GENERAL SUPPORT	2,500
Total ................................. 3a				446,500

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 ...........
4 Dividends and interest from securities ....					154,008
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 ............			1		55,613
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aOTHER					19,570
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..					229,191

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

229,191

(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:

A H BEAN FOUNDATION INC

EIN:

63-6134142

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES	5,150			5,150

- TIN:

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

TY 2023 GainLossSaleOtherAssetsSch

Name:

A H BEAN FOUNDATION INC

EIN:

63-6134142

Name	How Acquired	Date Sold	Gross Sales Price	Basis	Total (net)
WASTE MANAGEMENT	PURCHASE	2023-01	304	106	198
SYSCO CORP	PURCHASE	2023-01	315	298	17
EVEREST RE GROUP LTD.	PURCHASE	2023-01	1,015	821	194
QUALCOMM INC.	PURCHASE	2023-01	656	260	396
U.S. BANCORP	PURCHASE	2023-01	23,883	20,576	3,307
PROCTOR & GAMBLE CO.	PURCHASE	2023-01	18,828	11,670	7,158
AIR PRODUCTS AND CHEMICALS	PURCHASE	2023-01	919	798	121
WALMART	PURCHASE	2023-01	568	266	302
TRUIST FINANCIAL CORP	PURCHASE	2023-01	438	467	-29
UNITED HEALTH GROUP	PURCHASE	2023-01	486	485	1
ARTHUR J. GALLAGHER & CO.	PURCHASE	2023-01	1,365	331	1,034
CONOCO PHILLIPS	PURCHASE	2023-01	27,036	10,147	16,889
CHEVRON CORP	PURCHASE	2023-01	910	509	401
GENERAL DYNAMICS CORP	PURCHASE	2023-01	2,091	1,704	387
DOMINION RESOURCES	PURCHASE	2023-01	29,264	34,547	-5,283
TJX COS, INC.	PURCHASE	2023-01	7,183	6,232	951
PACKAGING CORPO OF AMERICA	PURCHASE	2023-01	531	593	-62
BRISTOL MYERS SQUIBB	PURCHASE	2023-01	23,245	17,490	5,755
NEXTERA ENERGY	PURCHASE	2023-01	660	107	553
EXXON MOBIL CORP	PURCHASE	2023-01	1,138	757	381
MONDELEZ INTERNATIONAL	PURCHASE	2023-01	8,097	8,436	-339
HOME DEPOT	PURCHASE	2023-01	633	329	304
HUBBELL INC.	PURCHASE	2023-01	453	222	231
HONEYWELL INTERNATIONAL INC.	PURCHASE	2023-01	821	510	311
GENUINE PARTS CO.	PURCHASE	2023-01	655	543	112
JOHNSON & JOHNSON	PURCHASE	2023-01	1,515	1,511	4
HERSHEY CO.	PURCHASE	2023-01	7,662	4,499	3,163
ALLIANT ENERGY CORP	PURCHASE	2023-01	649	468	181
MERCK & CO.	PURCHASE	2023-01	16,928	8,521	8,407
BARON EMERGING MARKETS FUND	PURCHASE	2023-01	3,300	3,211	89
U.S. TREASURY NOTE	PURCHASE	2023-01	70,812	71,957	-1,145
METLIFE INC.	PURCHASE	2023-02	1,673	1,027	646
GENERAL DYNAMICS CORP	PURCHASE	2023-02	930	758	172
FIDELITY NATIONAL INFORMATION SERVIC	PURCHASE	2023-02	1,657	1,840	-183
UNITEDHEALTH GROUP, INC.	PURCHASE	2023-02	1,971	1,922	49
GENUINE PARTS CO.	PURCHASE	2023-02	1,434	1,087	347
WALMART INC.	PURCHASE	2023-02	1,016	466	550
TRUIST FINANCIAL CORP	PURCHASE	2023-02	1,013	834	179
MCDONALDS CORP	PURCHASE	2023-02	1,334	1,252	82
NEXTERA ENERGY INC.	PURCHASE	2023-02	1,144	200	944
CHEVRON CORP.	PURCHASE	2023-03	2,356	1,427	929
AIR PRODUCTS AND CHEMICALS	PURCHASE	2023-02	1,702	1,596	106
TJX COMPANIES, INC.	PURCHASE	2023-02	1,440	1,233	207
ARTHUR J GALLAGHER & CO.	PURCHASE	2023-02	1,136	283	853
CME GROUP, INC.	PURCHASE	2023-02	1,695	1,573	122
WASTE MANAGEMENT, INC.	PURCHASE	2023-02	1,990	687	1,303
SYSCO CORP	PURCHASE	2023-02	934	895	39
BLACKROCK INC.	PURCHASE	2023-02	1,442	643	799
MICROSOFT CORP.	PURCHASE	2023-02	532	489	43
EXXON MOBIL CORP.	PURCHASE	2023-02	2,907	1,885	1,022
CVS HEALTH CORP	PURCHASE	2023-02	1,143	725	418
HONEYWELL INTERNATIONAL	PURCHASE	2023-02	1,207	766	441
JOHNSON & JOHNSON	PURCHASE	2023-02	2,065	2,182	-117
CHUBB LTD.	PURCHASE	2002-02	1,477	806	671
HUBBELL INC.	PURCHASE	2023-02	1,507	667	840
MERCK & CO.	PURCHASE	2023-02	1,716	878	838
TEXAS INSTRUMENTS, INC.	PURCHASE	2023-02	709	452	257
CISCO SYSTEMS, INC.	PURCHASE	2023-02	617	523	94
MONDELEZ INTERNATIONAL	PURCHASE	2023-02	849	870	-21
VERISON COMMUNCATIONS	PURCHASE	2023-02	1,199	1,667	-468
PACKAGING CORP OF AMERICA	PURCHASE	2023-02	992	1,038	-46
EVEREST RE GROUP LTD.	PURCHASE	2023-02	3,069	2,188	881
CONOCOPHILLIPS	PURCHASE	2023-02	441	184	257
XCEL ENERGY	PURCHASE	2023-02	1,283	1,296	-13
ALLIANT ENERGY CORP	PURCHASE	2023-02	1,012	741	271
STRYKER CORP.	PURCHASE	2023-02	528	461	67
PNC FINANCIAL GROUP	PURCHASE	2023-02	1,432	1,433	-1
TE CONNECTIVITY LTD.	PURCHASE	2023-02	395	239	156
COCO-COLA CO.	PURCHASE	2023-02	1,489	1,047	442
JP MORGAN CHASE	PURCHASE	2023-02	1,855	479	1,376
UNION PACIFIC CORP	PURCHASE	2023-02	606	633	-27
HERSHEY CO.	PURCHASE	2023-02	470	257	213
ARTISAN DEVELOPING WORLD FUND	PURCHASE	2023-02	3,064	2,866	198
JACKSON SQUARE SMID-CAP	PURCHASE	2023-02	17,044	22,601	-5,557
VANGUARD DEVELOPED MARKETS	PURCHASE	2023-02	2,100	2,405	-305
VANGUARD MIS-CAP INDEX FUND	PURCHASE	2023-02	14,916	8,260	6,656
VANGUARD SMALL-CAP FUND	PURCHASE	2023-02	20,548	12,422	8,126
U.S, TREASURY BOND	PURCHASE	2023-03	38,630	38,621	9
U.S. TREASURY BOND	PURCHASE	2023-03	32,452	34,796	-2,344
APPLE, INC.	PURCHASE	2023-04	832	998	-166
VERIZON COMMUNICATIONS INC.	PURCHASE	2023-04	918	1,000	-82
CITIGROUP INC. VAIRABLE	PURCHASE	2023-04	973	1,000	-27
KROGER CO.	PURCHASE	2023-04	952	953	-1
INTEL CORP	PURCHASE	2023-04	837	1,001	-164
BANK OF AMERICA CORP VARIABLE	PURCHASE	2023-04	957	1,028	-71
IBM CORP. 3.5%	PURCHASE	2023-04	949	1,043	-94
TOYOTA MOTOR CREDIT	PURCHASE	2023-04	916	999	-83
SOUTHERN CO.	PURCHASE	2023-04	946	1,003	-57
LLOYDS BANKING GROUP	PURCHASE	2023-04	965	1,012	-47
GOLDMAN SACHS GROUP	PURCHASE	2023-04	834	999	-165
HP INC.	PURCHASE	2023-04	895	1,001	-106
U.S. TREASURY BOND	PURCHASE	2023-04	6,250	6,969	-719
AIR LEASE CORP	PURCHASE	2023-04	954	990	-36
MORGAN STANLEY	PURCHASE	2023-04	985	1,007	-22
HSBC HOLDINGS, PSC	PURCHASE	2023-04	1,842	2,005	-163
ROYAL BANK OF CANADA	PURCHASE	2023-04	1,817	2,001	-184
TOYOTA MOTOR CREDIT CORP	PURCHASE	2023-04	909	1,001	-92
U.S. TREASURY NOTE	PURCHASE	2023-04	5,252	5,950	-698
U. S. TREASURY NOTE	PURCHASE	2023-04	6,314	6,253	61
U.S. TREASURY NOTE	PURCHASE	2023-04	5,426	5,985	-559
U.S, TREAUSRY NOTE	PURCHASE	2023-04	3,776	3,801	-25
CHEVRON CORP	PURCHASE	2023-05	14,952	8,356	6,596
TRUIST FINANCIAL CORP	PURCHASE	2023-05	15,266	17,534	-2,268
METLIFE INC.	PURCHASE	2023-05	5,450	4,045	1,405
EVEREST RE GROUP LTD.	PURCHASE	2023-05	14,159	10,666	3,493
HUBBELL INC.	PURCHASE	2023-05	6,072	2,445	3,627
COCA-COLA CO.	PURCHASE	2023-05	8,598	5,865	2,733
HP INC.	PURCHASE	2023-07	17,436	19,538	-2,102
DWS RREFF REAL ASSETS	PURCHASE	2023-08	164,759	196,374	-31,615
U.S. TREARURY NOTE	PURCHASE	2023-09	5,196	5,336	-140
U.S. TREASUIRY NOTE	PURCHASE	2023-09	11,267	11,559	-292
DOUBLE LINE EMERGING MARKETS	PURCHASE	2023-09	38,599	46,660	-8,061
U.S. TREASURY NOTE	PURCHASE	2023-10	937	979	-42
U.S. TREASURY NOTE	PURCHASE	2023-10	4,932	4,932
U.S. TREASURY NOTE	PURCHASE	2023-10	1,681	1,980	-299
U.S. TREASURY NOTE	PURCHASE	2023-10	4,615	4,998	-383
U.S. TREASURY NOTE	PURCHASE	2023-10	3,363	3,990	-627
U.S. TREASURY NOTE	PURCHASE	2023-10	5,134	5,338	-204
U.S. TREASURY NOTE	PURCHASE	2023-10	798	989	-191
U.S. TREASURY NOTE	PURCHASE	2023-10	6,439	6,652	-213
U.S. TREASURY NOTE	PURCHASE	2023-10	974	973	1
CVS HEALTH CORP	PURCHASE	2023-12	15,949	13,021	2,928
AIR PRODUCTS AND CHEMICALS	PURCHASE	2023-12	29,952	26,581	3,371
CISCO SYSTEMS, INC.	PURCHASE	2023-12	9,328	8,491	837
ELI LILLY & CO.	PURCHASE	2012-12	10,501	1,396	9,105
HUBBELL INC.	PURCHASE	2023-12	9,389	3,445	5,944

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

A H BEAN FOUNDATION INC

EIN:

63-6134142

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BONDS & BOND FUNDS-FIXED INCOME	2,101,558	1,997,847

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

A H BEAN FOUNDATION INC

EIN:

63-6134142

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AIR PRODUCTS AND CHEMICALS
ALLIANT CORP	11,493	15,133
ARTHUR GALLAGHER & CO.	7,321	34,856
ARTISAN DEVELOPING WORLD FUND	109,232	132,808
AT&T INC.	39,902	34,600
BARON EMERING MARKETS FUND	237,055	270,350
BLACKROCK INC.	9,651	24,354
BRISTOL MYERS SQUIBB CO
CHEVRON CORP	13,224	25,357
CHUBB LTD	12,566	25,086
CISCO SYSTEMS INC.
CME GROUP INC.	30,590	36,855
COCA COLA, INC.	15,834	22,276
COMCAST CORP.	28,623	32,581
CONOCOPHILLIPS	5,831	14,741
CROWN CASTLE INTERNATIONAL CORP	44,615	31,677
CVS HEALTH CORP
DARDEN RESTAURANTS INC.	27,937	28,588
DOMINION RES INC VA
DWS RREEF REAL ASSETS FUND
ELI LILLY & CO.	4,110	30,895
EVEREST RE GROUP LTD	21,812	28,286
EXELON CORP.	27,321	31,807
EXXON MOBIL CORP	31,810	48,890
FIDELITY NATIONAL INFO SERVICES	21,998	17,240
GENERAL DYNAMICS CORP	17,099	27,525
GENUINE PARTS CO.	16,337	26,177
HERSHEY COMPANY	11,696	16,966
HOME DEPOT	12,163	25,645
HONEYWELL INTERNATIONAL, INC.	14,673	24,117
HUBBELL, INC.	5,224	15,460
ISHARES INT'L SELECT DIVIDEND	103,830	98,469
ISHARES S&P 500 GROWTH ETF	216,536	402,010
JACKSON SQUARE SMID-CAP GROWTH FUND	212,744	189,343
JOHNSON & JOHNSON	35,822	38,401
JP MORGAN CHASE	9,433	43,546
LYONDELLBASELL INDUSTRIES NV	9,398	14,357
MCDONALD'S CORP	26,287	31,134
MERCK & CO. INC.	18,759	38,266
METLIFE, INC.	9,433	18,649
MICROSOFT CORP	51,280	107,923
MONDELEZ INT'L INC.	24,840	26,872
NEWMONT CORP	15,574	15,852
NEXTERA ENERGY INC.	16,791	29,155
PACKAGING CORP OF AMERICA	19,123	21,015
PNC FINANCIAL SVC	30,725	29,886
PROCTER & GAMBLE
QUALCOMM INC	3,013	8,389
STARBUCKS CORP	28,156	27,651
STRYKER CORP	19,816	25,754
SYNCHRONY FINANCIAL
SYSCO CORP	14,983	14,699
TE CONNECTIVITY LTD	8,513	15,315
TEXAS INSTRUMENTS INC.	11,297	17,045
TJX COS.	25,818	35,366
T-MOBIL US	28,101	29,501
TRUIST FINANCIAL CORP.
UNION PACIFIC CORP	36,480	43,229
UNITEDHEALTH GROUP, INC.	19,832	34,221
US BANCORP
VANGUARD DEVELOPED MARKETS INDEX FUN	769,801	874,358
VANGUARD MID-CAP INDEX FUND	155,488	294,351
VANGUARD SMALL-CAP INDEX FUND	169,820	295,084
VERIZON COMMUNICATIONS	39,774	30,235
WAL MART STORES INC.	12,969	30,742
WASTE MANAGEMENT INC	11,369	38,507
XCEL ENERGY INC.	26,935	24,454

- TIN:

TY 2023 OtherAssetsSchedule

Name:

A H BEAN FOUNDATION INC

EIN:

63-6134142

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
LAND AND TIMBER	3,235,116	3,398,547
MINERAL INTERESTS-NON PRODUCING	2	133,432

- TIN:

TY 2023 OtherExpensesSchedule

Name:

A H BEAN FOUNDATION INC

EIN:

63-6134142

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
EXPENSES
FIDUCIARY FEES	70,995		70,995
APPRAISAL FEES	5,000		5,000
FORESTRY EXPENSES	28,476	28,476

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

A H BEAN FOUNDATION INC

EIN:

63-6134142

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER	19,570	19,570	19,570

- TIN:

TY 2023 TaxesSchedule

Name:

A H BEAN FOUNDATION INC

EIN:

63-6134142

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PROPERTY, EXCISE TAXES, OTHER	14,846	14,846