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
CHARLOTTE & EDWARD K WHEELER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)BESSEMER TR 100 WOODBRIDGE CTR DR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WOODBRIDGE, NJ07095
A Employer identification number

52-1503237
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$2,301,413J 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... 35,512 35,512  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 57,230
b Gross sales price for all assets on line 6a 232,725
7 Capital gain net income (from Part IV, line 2)... 57,230
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........ 92,742 92,742  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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
3,000 0   3,000
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
4,074 4,074   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
598 43   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,672 4,117   3,000
25 Contributions, gifts, grants paid....... 120,000 120,000
26 Total expenses and disbursements. Add lines 24 and 25 127,672 4,117   123,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -34,930
b Net investment income (if negative, enter -0-) 88,625
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............. 5,000 5,006 5,006
2 Savings and temporary cash investments......... 46,947 13,840 13,840
3 Accounts receivable right arrow115
Less: allowance for doubtful accounts right arrow   157 115 115
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)      
b Investments—corporate stock (attach schedule)....... 1,199,530 Click to see attachment
List of Attached Documents:
// Content
1,170,320 		1,765,701
c Investments—corporate bonds (attach schedule)....... 537,447 Click to see attachment
List of Attached Documents:
// Content
564,870 		516,751
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) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,789,081 1,754,151 2,301,413
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........ 1,789,081 1,754,151
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)..... 1,789,081 1,754,151
30 Total liabilities and net assets/fund balances (see instructions). 1,789,081 1,754,151
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
1,789,081
2
Enter amount from Part I, line 27a .....................
2
-34,930
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,754,151
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,754,151
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 Capital Gains Dividends P    
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 50,236   51,060 -824
b 182,479   124,435 58,044
c 10     10
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -824
b       58,044
c       10
d
e
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 57,230
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 1,232
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 1,232
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 1,232
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 2,342
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 2,342
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 1,110
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow1,110 Refundedright arrow 11 0
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 arrowDC
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 arrowCO BESSEMER TRUST Telephone no.right arrow (516) 508-9623

Located atright arrow100 WOODBRIDGE CTR DRWOODBRIDGENJ ZIP+4right arrow07095
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)
 
No
(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
 
 
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
IAN K SNOW TREASURER & SECRETARY
0.00 		0 0 0
655 PARK AVENUE APT 3D
NEW YORK,NY10021
KENDALL WHEELER PRESIDENT
0.00 		0 0 0
5201 NORWAY DRIVE
CHEVY CHASE,MD20815
FREDERICA JOHNSON CHAIRMAN
0.00 		0 0 0
6700 CONNECTICUT AVENUE
CHEVY CHASE,MD20815
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
2,192,404
b
Average of monthly cash balances.......................
1b
44,136
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
2,236,540
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
2,236,540
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
33,548
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,202,992
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
110,150
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
110,150
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
1,232
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,232
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
108,918
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
108,918
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
108,918
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
123,000
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
123,000
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 7 108,918
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 24,743
b From 2019...... 41,022
c From 2020...... 24,926
d From 2021...... 17,170
e From 2022...... 29,606
f Total of lines 3a through e ........ 137,467
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 123,000
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		Click to see attachment
List of Attached Documents:
// Content
0
d Applied to 2023 distributable amount..... 108,918
e Remaining amount distributed out of corpus 14,082
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 5 151,549
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 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		24,743
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		126,806
10 Analysis of line 9:
a Excess from 2019.... 41,022
b Excess from 2020.... 24,926
c Excess from 2021.... 17,170
d Excess from 2022.... 29,606
e Excess from 2023.... 14,082
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 e-mail address of the person to whom applications should be addressed:
IAN SNOW
c/o BESSEMER TRUST 100 WOODBRIDGE
CTR DR
WOODBRIDGE,NJ07095
(516) 508-9623
bThe form in which applications should be submitted and information and materials they should include:
TYPED WRITTEN FORMAT; ALL APPLICATIONS SHOULD SPECIFY THE APPROPRIATE USES
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
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

ARTIST STRIVING TO END POVERTY

165 WEST 46TH STREET SUITE 1310
NEW YORK,NY10036 		NONE EXEMPT GENERAL SUPPORT 100

ASPEN

PO BOX 653
LIVINGSTON,MT59047 		NONE EXEMPT GENERAL SUPPORT 500

BATH AND TENNIS FOUNDATION

1170 SOUTH OCEAN BOULEVARD
PALM BEACH,FL33480 		NONE EXEMPT GENERAL SUPPORT 2,500

BIG BROTHERS BIG SISTERS OF PARK COUNTY

105 SOUTH SECOND STREET
LIVINGSTON,MT59047 		NONE EXEMPT GENERAL SUPPORT 100

CHILDREN'S DIABETES FOUNDATION

4380 S SYRACUSE STREET SUITE 430
DENVER,CO80237 		NONE EXEMPT GENERAL SUPPORT 18,000

COLONIAL DAMES OF AMERICA

417 EAST 61ST STREET
NEW YORK,NY10065 		NONE EXEMPT GENERAL SUPPORT 1,500

DANA-FARBER CANCER INSTITUTE

10 BROOKLINE PLACE WEST - 6TH FLOOR
BOSTON,MA022849168 		NONE EXEMPT GENERAL SUPPORT 500

FARM TO SCHOOL OF PARK COUNTY

PO BOX 395
LIVINGSTON,MT59047 		NONE EXEMPT GENERAL SUPPORT 100

FRESH RX

1260 S FEDERAL HIGHWAY STE 101
BOYNTON BEACH,FL33435 		NONE EXEMPT GENERAL SUPPORT 2,000

FRIENDS OF THE ANIMAL SHELTER

PO BOX 2207
AIKEN,SC29802 		NONE EXEMPT GENERAL SUPPORT 500

FRIENDS OF THE COMMUNITY INC

1313 West Geyser Street
Livingston,MT59047 		NONE EXEMPT GENERAL SUPPORT 100

GLACIER NATIONAL PARK CONSERVANCY

POBOX 2749
COLUMBIA FALLS,MT59912 		NONE EXEMPT GENERAL SUPPORT 12,750

GLOBAL MIDWIFE EDUCATION FOUNDATION

PO BOX 805
LIVINGSTON,MT59047 		NONE EXEMPT GENERAL SUPPORT 500

HITCHCOCK WOODS FOUNDATION

PO BOX 1702
AIKEN,SC29802 		NONE EXEMPT GENERAL SUPPORT 1,500

LIVINGSTON FOOD RESOURCE CENTER

202 SOUTH 2ND STREET
LIVINGSTON,MT59047 		NONE EXEMPT GENERAL SUPPORT 1,000

LIVINGSTON SISTER CITY PROGRAM

PO BOX 1415
LIVINGSTON,MT59047 		NONE EXEMPT GENERAL SUPPORT 500

LOVE THE WILD FOUNDATION

P O BOX 50030
IDAHO FALLS,ID83405 		NONE EXEMPT GENERAL SUPPORT 500

MIDDLEBURY COLLEGE

308 MUNFRORD HOUSE
MIDDLEBURY,VT05753 		NONE EXEMPT GENERAL SUPPORT 500

MONTANA'S OUTDOOR LEGACY FND

PO BOX 220
COLUMBIA FALLS,MT59912 		NONE EXEMPT GENERAL SUPPORT 250

MSU RENNE LIBRARY

100 HUNTER HENRY BLVD
MISSISSIPPI STATE,MS39762 		NONE EXEMPT GENERAL SUPPORT 500

NATIONAL SOCIETY OF THE COLONIAL DAMES OF AMERICA

2715 Q STREET NW
WASHINGTON,DC20007 		NONE EXEMPT GENERAL SUPPORT 1,000

PALM BEACH ZOO

1301 SUMMIT BOULEVARD
WEST PALM BEACH,FL334053035 		NONE EXEMPT GENERAL SUPPORT 2,000

PEGGY ADAMS ANIMAL RESCUE LEAGUE

3100/3200 N MILITARY TRAIL
WEST PALM BEACH,FL33409 		NONE EXEMPT GENERAL SUPPORT 1,500

POTOMAC BRIDLE AND HIKING

11611 GLEN RD
POTOMAC,MD20854 		NONE EXEMPT GENERAL SUPPORT 500

PRESERVATION FOUNDATION OF PALM BEACH

311 PERUVIAN AVENUE
PALM BEACH,FL33480 		NONE EXEMPT GENERAL SUPPORT 3,000

SOCIETY OF THE FOUR ARTS

2 FOUR ARTS PLAZA
PALM BEACH,FL33480 		NONE EXEMPT GENERAL SUPPORT 2,500

SPCA ALBRECHT CENTER FOR ANIMAL WELFARE

199 WILLOW RUN RD
AIKEN,SC29801 		NONE EXEMPT GENERAL SUPPORT 500

STAFFORD ANIMAL SHELTER

3 BUSINESS PARK ROAD
LIVINGSTON,MT59047 		NONE EXEMPT GENERAL SUPPORT 500

THE BURTON K WHEELER CENTER

MONTANA STATE UNIVERSITY 1102 SOUTH
6TH ST SUITE 1
BOZEMAN,MT59715 		NONE EXEMPT GENERAL SUPPORT 13,000

THE CORAM WEST GLACIER VOLUNTEER FIRE DEPARTMENT

PO BOX 162
WEST GLACIER,MT59936 		NONE EXEMPT GENERAL SUPPORT 1,250

THE POWELL COUNTY MUSEUM AND ARTS FOUNDATION INC

1106 MAIN STREET
DEER LODGE,MT59722 		NONE EXEMPT GENERAL SUPPORT 500

THE SHANE LALANI CENTER

PO BOX 58
LIVINGSTON,MT59047 		NONE EXEMPT GENERAL SUPPORT 7,500

THE WHEELER CENTER

PO BOX 170590 MONTANA STATE UNIV
BOZEMAN,MT59717 		NONE EXEMPT GENERAL SUPPORT 10,350

YELLOWSTONE BALLET SCHOOL

109 SOUTH B STREET
LIVINGSTON,MT59047 		NONE EXEMPT GENERAL SUPPORT 3,400

THE GIVING TREE OF PARK COUNTY

124 S 2ND ST
LIVINGSTON,MT59047 		NONE EXEMPT GENERAL SUPPORT 100

ASU FOUNDATION

PO BOX 2260 ATTN FINANCIAL SERVICES
TEMPE,AZ85280 		NONE EXEMPT GENERAL SUPPORT 1,000

GENERAL SOCIETY OF MAYFLOWER DESCENDANTS

18 WINSLOW ST-MAYFLOWER SOCIETY
PLYMOUTH,MA02360 		NONE EXEMPT GENERAL SUPPORT 500

BOONE AND CROCKET ATTN JODI BISHOP

250 STATION DRIVE
MISSOULA,MT59801 		NONE EXEMPT GENERAL SUPPORT 3,000

LAKE FIVE INC ATTNJEAN PINSKI

121 PALMER DR
KALISPELL,MT59901 		NONE EXEMPT GENERAL SUPPORT 2,000

ONE SPIRIT

1818 WEST FULTON ST
RAPID CITY,SD57702 		NONE EXEMPT GENERAL SUPPORT 2,000

LIVINGSTON ICE SKATING ASSOCIATION

PO BOX 572
LIVINGSTON,MT59047 		NONE EXEMPT GENERAL SUPPORT 500

ST LABRE INDIAN SCHOOL

PO BOX 77
ASHLAND,MT59003 		NONE EXEMPT GENERAL SUPPORT 1,000

UPPER SEVEN LAW

PO BOX 31
HELENA,MT59624 		NONE EXEMPT GENERAL SUPPORT 1,500

PLANNED PARENTHOOD OF MONTANA INC

1643 LEWIS AVE SUITE 211
BILLINGS,MT59102 		NONE EXEMPT GENERAL SUPPORT 1,500

CORAM VOLUNTEER FIRE DEPARTMENT

1200-1298 HIGHWAY 2E
KALISPELL,MT59961 		NONE EXEMPT GENERAL SUPPORT 2,000

THE COLLEGE OF LETTERS & SCIENCE AT MONTANA STATE UNIVERSITY

PO BOX 172360
BOZEMAN,MT59717 		NONE EXEMPT GENERAL SUPPORT 500

MARION S DUPONT SCOTT EQUINE MEDICAL CENTER

17690 OLD WATERFORD ROAD
LEESBURG,VA20176 		NONE EXEMPT GENERAL SUPPORT 2,000

GRACE COMMUNITY CHURCH

13248 ROSCOE BLVD
SUN VALLEY,CA13248 		NONE EXEMPT GENERAL SUPPORT 2,000

FOURTH PRESBYTERIAN CHURCH

5500 RIVER ROAD
BETHESDA,MD20816 		NONE EXEMPT GEMERAL SUPPORT 3,000

CANYON COMMUNITY CHURCH

185 CORAM SCHOOL LANE
COLUMBIA FALLS,MT59912 		NONE EXEMPT GENERAL SUPPORT 2,000

MCNAIR GRAVITY PARK

PO BOX 176
LIVINGSTON,MT590479238 		NONE EXEMPT GENERAL SUPPORT 4,000
Total .................................right arrow 3a 120,000
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 35,512  
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 57,230  
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 92,742 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
92,742
(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:
CHARLOTTE & EDWARD K WHEELER FOUNDATION
EIN:
52-1503237
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FINANCIAL SERVICE FEES 3,000 0   3,000

TY 2023 DistributionFromCorpusElection
Name:
CHARLOTTE & EDWARD K WHEELER FOUNDATION
EIN:
52-1503237
Election:
PURSUANT TO IRC SECTION 4942(H)(2)AND REGULATIONS 53.4942(a)-3(d)(2), THE CHARLOTTE & EDWARD K WHEELER FOUNDATION HEREBY ELECTS TO TREAT AS A CURRENT YEAR'S QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF CORPUS._________________ ___________________Signature Name ___________________ Title

TY 2023 InvestmentsCorpBondsSchedule
Name:
CHARLOTTE & EDWARD K WHEELER FOUNDATION
EIN:
52-1503237
Name of Bond End of Year Book Value End of Year Fair Market Value
OW FIXED INCOME FUND 564,870 516,751

TY 2023 InvestmentsCorpStockSchedule
Name:
CHARLOTTE & EDWARD K WHEELER FOUNDATION
EIN:
52-1503237
Name of Stock End of Year Book Value End of Year Fair Market Value
TAKE-2 INTERACTIVE 5,071 6,438
META PLATFORMS INC 5,610 10,264
ALPHABET INC CLASS C 3,532 15,502
LVMH MOET HENNESSY VUITTON 2,048 4,053
MERCADOLIBRE INC 2,045 3,143
AMAZON.COM INC 9,036 15,953
AUTOZONE INC 2,536 2,585
HILTON WORLDWIDE HOLDINGS 3,027 5,462
BATH & BODY WORKS INC 1,576 1,510
LOWES COS INC 4,275 4,451
WALMART INC 5,870 6,306
ALIMENTATION COUCHE-TARD I 7,584 9,155
COSTCO WHSL CORP NEW 3,880 5,280
OW CREDIT INCOME FUND 137,189 114,382
PIONEER NATURAL RESOURCES 2,035 3,148
CONOCOPHILLIPS 2,096 5,803
SCHLUMBERGER LTD 7,969 7,806
INTERCONTINENTAL EXCHG INC 6,760 8,347
BANK OF AMERICA CORP 7,303 8,754
JPMORGAN CHASE & CO 8,349 9,355
VISA INC 5,197 16,922
S&P GLOBAL INC. 4,784 6,607
BROOKFIELD CORPORATION 3,135 3,009
AON PLC 3,073 3,492
BLACKSTONE INC 1,482 3,927
UNITEDHEALTH GROUP INC 5,049 10,529
HEALTH CARE SELECT SPDR 5,484 5,455
DANAHER CORP 2,986 5,552
THERMO FISHER SCIENTIFIC 743 6,900
CENCORA INC 6,590 8,215
IQVIA HOLDINGS INC 4,253 6,941
NORTHROP GRUMMAN CORP 4,119 5,149
COPART INC 4,135 7,350
EATON CORP PLC 2,828 4,816
ASHTEAD GROUP 3,661 3,825
CANADIAN PACIFIC KANSAS CI 5,722 5,952
HOWMET AEROSPACE INC 4,717 7,306
TRANSUNION 6,962 7,214
MARVELL TECHNOLOGY INC 3,932 5,126
MOTOROLA SOLUTIONS INC 6,838 8,453
SERVICENOW INC 1,025 4,238
MICROSOFT CORP 5,086 30,083
NVIDIA CORP 4,900 9,904
ORACLE CORP 6,440 8,434
GARTNER INC CL A 5,237 6,315
APPLE INC 2,023 24,066
ASML HOLDING 3,872 6,026
OW LARGE CAP STRATEGIES FD 512,444 871,347
VULCAN MATERIALS 3,521 4,540
SHERWIN-WILLIAMS CO 4,695 6,238
CRH PLC 1,706 1,729
ISHARES CHINA LRGE-CAP ETF 3,618 2,523
PROLOGIS INC 7,256 7,331
OW SMALL & MIDCAP STRAT FD 285,159 393,537
NEXTERA ENERGY INC 5,354 4,251
AMEREN CORP 4,503 4,702

TY 2023 OtherAssetsSchedule
Name:
CHARLOTTE & EDWARD K WHEELER FOUNDATION
EIN:
52-1503237
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
CASH      


TY 2023 OtherProfessionalFeesSchedule
Name:
CHARLOTTE & EDWARD K WHEELER FOUNDATION
EIN:
52-1503237
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES-BESSEMER TRUST 4,074 4,074   0


TY 2023 TaxesSchedule
Name:
CHARLOTTE & EDWARD K WHEELER FOUNDATION
EIN:
52-1503237
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 42 43   0
FOREIGN TAX W/H IN EXCESS/REFUND 56 0   0
TAX ESTIMATES 500 0   0