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
THEODORE AND BEULAH BEASLEY FOUNDATION
INC
Number and street (or P.O. box number if mail is not delivered to street address)3811 TURTLE CREEK BLVD 940
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DALLAS, TX75219
A Employer identification number

75-6035806
B Telephone number (see instructions)

(214) 522-8790
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$64,335,765J 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... 1,544,935 1,544,935  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 25,498,072
b Gross sales price for all assets on line 6a 25,498,072
7 Capital gain net income (from Part IV, line 2)... 25,498,072
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)....... Click to see attachment
List of Attached Documents:
// Content
4,256,994 4,226,324 0
12 Total. Add lines 1 through 11........ 31,300,001 31,269,331 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 302,280 160,208 0 120,912
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
57,193 54,404 0 0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
38,007 35,347 0 0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
118,976 116,976 0 2,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
799,884 363,576 0 40,221
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
9,304 9,304 0
20 Occupancy.............. 62,604 58,221 0 0
21 Travel, conferences, and meetings....... 1,923 0 0 1,923
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
230,072 119,205 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,620,243 917,241 0 165,056
25 Contributions, gifts, grants paid....... 2,671,395 2,671,395
26 Total expenses and disbursements. Add lines 24 and 25 4,291,638 917,241 0 2,836,451
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 27,008,363
b Net investment income (if negative, enter -0-) 30,352,090
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets 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............. 596,743 380,813 380,813
2 Savings and temporary cash investments......... 6,654,205 3,568,802 3,568,802
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 200,000 0 0
b Investments—corporate stock (attach schedule)....... 8,994,812 Click to see attachment
List of Attached Documents:
// Content
32,222,417 		40,148,834
c Investments—corporate bonds (attach schedule)....... 5,215,496 Click to see attachment
List of Attached Documents:
// Content
12,951,866 		13,127,254
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).......... 565,364 Click to see attachment
List of Attached Documents:
// Content
500,000 		6,968,115
14 Land, buildings, and equipment: basis right arrow30,848
Less: accumulated depreciation (attach schedule) right arrow28,806 5 Click to see attachment
List of Attached Documents:
// Content
2,042 		2,042
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
13,325 		Click to see attachment
List of Attached Documents:
// Content
14 		Click to see attachment
List of Attached Documents:
// Content
139,905
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,239,950 49,625,954 64,335,765
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) Click to see attachment
List of Attached Documents:
// Content
183 		Click to see attachment
List of Attached Documents:
// Content
341
23 Total liabilities (add lines 17 through 22)......... 183 341
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........ 22,239,767 49,625,613
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)..... 22,239,767 49,625,613
30 Total liabilities and net assets/fund balances (see instructions). 22,239,950 49,625,954
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
22,239,767
2
Enter amount from Part I, line 27a .....................
2
27,008,363
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
377,483
4
Add lines 1, 2, and 3 ..........................
4
49,625,613
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
49,625,613
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        
b        
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 64,677     64,677
b 25,433,315     25,433,315
c 80     80
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       64,677
b       25,433,315
c       80
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 25,498,072
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) 1 421,894
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........................... 3 421,894
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- ..... 5 421,894
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 429,857
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 35,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 464,857
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 258
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 42,705
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow42,705 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrow
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 arrowMICHAEL VANDERSLICE Telephone no.right arrow (214) 522-8790

Located atright arrow3811 TURTLE CREEK BLVD SUIT 940DALLASTX ZIP+4right arrow752194490
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
VICTORIA VANDERSLICE PAST PRESIDENT
35.00 		200,731 0 0
3811 TURTLE CREEK BLVD SUITE 940
DALLAS,TX75219
MICHAEL VANDERSLICE PRESIDEN, EXEC DIRECTOR & SECRETARY
35.00 		101,549 0 0
3811 TURTLE CREEK BLVD SUITE 940
DALLAS,TX75219
LARRY MENTZER DIRECTOR
1.00 		0 0 0
3811 TURTLE CREEK BLVD SUITE 940
DALLAS,TX75219
LINDA TINNEY DIRECTOR
1.00 		0 0 0
3811 TURTLE CREEK BLVD SUITE 940
DALLAS,TX75219
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
47,827,679
b
Average of monthly cash balances.......................
1b
6,225,912
c
Fair market value of all other assets (see instructions)................
1c
7,192,374
d
Total (add lines 1a, b, and c).........................
1d
61,245,965
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
61,245,965
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
918,689
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
60,327,276
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,016,364
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
3,016,364
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
421,894
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
421,894
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,594,470
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,594,470
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
2,594,470
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
2,836,451
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
2,836,451
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 2,594,470
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...... 176,121
b From 2019...... 471,885
c From 2020...... 334,025
d From 2021...... 139,915
e From 2022......  
f Total of lines 3a through e ........ 1,121,946
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,836,451
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)........ 		0
d Applied to 2023 distributable amount..... 2,594,470
e Remaining amount distributed out of corpus 241,981
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 1,363,927
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) ... 		176,121
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,187,806
10 Analysis of line 9:
a Excess from 2019.... 471,885
b Excess from 2020.... 334,025
c Excess from 2021.... 139,915
d Excess from 2022....  
e Excess from 2023.... 241,981
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN CANCER SOCIETY

210 N HALL ST
DALLAS,TX75226 		  PC HEALTH EQUITY & REDUCING GAPS IN CARE PROGRAM-PARKLAND 50,000

AMERICAN HEART ASSOCIATION SW AFFILIATE

7272 GREENVILLE AVE
DALLAS,TX75235 		  PC SELF MONITORED BLOOD PRESSURE RX PROGRAM 118,295

AMERICAN RED CROSS

2055 KENDALL DR
DALLAS,TX75235 		  PC DISASTER RELIEF FUND & SERVICE TO THE ARMED SERVICES 25,000

AUSTIN STREET CENTER

2929 HICKORY ST
DALLAS,TX75226 		  PC NEW DINING SERVICE LINE 75,000

BIG BROTHERS BIG SISTERS GRTER DALLAS

450 E JOHN CARPENTER FRWY 300
IRVING,TX75062 		  PC MATCH SUPPORT EFFORTS 20,000

BOY SCOUTS CIRCLE TEN COUNCIL

8605 HARRY HINES BLVD
DALLAS,TX75235 		  PC GENERAL OPERATING 5,000

BOYS & GIRLS CLUBS OF GREATER DALLAS

2907 LINFIELD RD
DALLAS,TX75216 		  PC ACADEMIC SUCCESS PROGRAM 15,000

BRIDGES TO LIFE

PO BOX 570895
HOUSTON,TX772570895 		  PC GENERAL OPERATING 5,000

BUCKNER CHILDREN & FAMILY SERVICES

5310 S BUCKNER BLVD
DALLAS,TX75227 		  PC FAMILY PATHWAYS PROGRAM 50,000

CAMP SUMMIT INC

17210 CAMPBELL RD STE 180W
DALLAS,TX75252 		  PC CAMPERSHIPS & COVID-19 EMERGENCY FUNDING 25,000

CAMPFIRE FIRST TEXAS

2700 MEACHAM BLVD
FORT WORTH,TX76137 		  PC CAMPERSHIPS FOR CAMP EL TESORO 5,000

CENTRAL COMMONS CHURCH

4711 WESTSIDE DR
DALLAS,TX75209 		  PC MAKING CENTRAL CHRISTIAN CHURCH REFURBISHMENT AND MAINTENANCE (CHURCH SPACE, RENTAL, COMMUNITY CTR, PRE-SCHOOL) 150,000

CHRISTIAN COMMUNITY ACTION

200 S MILL ST
LEWISVILLE,TX75057 		  PC FOOD PANTRY 5,000

CLAYTON DABNEY FOR KIDS WITH CANCER

2825 OAK LAWN AVE 192136
DALLAS,TX75219 		  PC MEDICINE OF THE HEART 5,000

CONNECTING POINT PARK CITIES

4024 CARUTH BLVD
UNIVERSITY PARK,TX75225 		  PC DAY PROGRAMS FOR ADULTS WITH SPECIAL NEEDS 20,000

CRISTO REY DALLAS COLLEGE PREP

1064 N ST AUGUSTINE DR
DALLAS,TX75217 		  PC STUDENT NUTRITION PROGRAM 30,000

CROSSROADS COMMUNITY SERVICES

4500 S COCKRELL HILL
DALLAS,TX75236 		  PC GENERAL OPERATING 10,000

DALLAS ARBORETUM & BOTANICAL GARDEN

8617 GARLAND ROAD
DALLAS,TX75228 		  PC CHILDREN'S PROGRAMMING 15,000

DALLAS AREA HABITAT FOR HUMANITY

2800 N HAMPTON ROAD
DALLAS,TX75212 		  PC AFFORDABILITY FUND, NEW HOME CONSTRUCTION, NEIGHBORHOOD UPKEEP 125,000

DALLAS BETHLEHEM CENTER

4410 LELAND AVE
DALLAS,TX75215 		  PC GENERAL OPERATING 15,000

DALLAS CHILDREN'S ADVOCACY CENTER

5351 SAMUELL BLVD
DALLAS,TX75228 		  PC CIRCLE OF HOPE 60,000

DALLAS CHILDREN'S THEATER

5938 SKILLMAN ST
DALLAS,TX75231 		  PC STUDENT MATINEES 25,000

DALLAS COUNTY HERITAGE SOCIETY

1515 S HARWOOD ST
DALLAS,TX75215 		  PC BLUM HOUSE RESTORATION 102,500

DALLAS SYMPHONY ORCHESTRA

2301 FLORA ST
DALLAS,TX75201 		  PC MY DSO CONSERT & YOUTH STRINGS 15,000

DALLAS THEATER CENTER

2400 FLORA ST
DALLAS,TX75201 		  PC EDUCATIONAL PROGRAMS 20,000

DALLAS ZOO MANAGEMENT INC

650 S RL THORNTON FWY
DALLAS,TX75203 		  PC ANIMAL NUTRITION CENTER OPERATIONS 125,000

EDUCATIONAL OPPORTUNITIES INC

3419 WESTMINSTER AVE 218
DALLAS,TX75205 		  PC SCHOLARSHIP TO ONE GRADUATING DISD GRADUATE 9,000

ENNIS PUBLIC THEATRE

113 N DALLAS ST
ENNIS,TX75119 		  PC GENERAL OPERATING 10,000

ENVISION (FORMERLY LIGHTHOUSE FOR BLIND)

4306 CAPITOL AVE
DALLAS,TX75204 		  PC SERVING OUR SENIORS PROGRAM 25,000

EXODUS MINISTRIES

4630 MUNGER AVE
DALLAS,TX75204 		  PC PROGRAMS FOR FORMERLY INCARCERATED MOTHERS 5,000

FAMILY COMPASS

4210 JUNIUS ST
DALLAS,TX75246 		  PC GROWING AS PARENTS PROGRAM; CHILD ABUSE PREVENTION 15,000

FOREFRONT OF LIVING

12467 MERIT DR
DALLAS,TX75251 		  PC THIRD FLOOR FAMILY ROOM AT T. BOONE PICKENS HOSPICE 50,000

FRONTIERS OF FLIGHT MUSEUM

6911 LEMMON AVE
DALLAS,TX75209 		  PC YOUTH STEM PROGRAM 10,000

GENESIS WOMEN'S SHELTER & SUPPORT

4411 LEMMON AVE STE 201
DALLAS,TX75219 		  PC EMERGENCY SHELTER, OUTREACH OFFICE AND TRANSITIONAL HOUSING 10,000

GILMONT CAMP & CONFERENCE CENTER

6075 STATE HWY 155 N
GILMER,TX75644 		  PC CIRCLE OF FRIENDS, CAMPERSHIPS & INFRASTRUCTURE 33,000

GRANT HALLIBURTON FOUNDATION

6390 LYNDON B JOHNSON FRWY 100
DALLAS,TX75240 		  PC MENTAL HEALTH EDUCATION AND THRIVE PROGRAM FOR CHILDREN & YOUTH 7,500

HEAR MY CRY FOUNDATION

2626 COLE AVE
DALLAS,TX75204 		  PC GENERAL OPERATING 10,000

HEROES FOR CHILDREN

6010 W SPRING CREEK PKWY
PLANO,TX75093 		  PC FAMILY IMPACT PROGRAMS 25,000

HOPE CLINIC

800 SOUTH 6TH STREET
GARLAND,TX75040 		  PC GENERAL OPERATING 5,000

HOPE COTTAGE

609 TEXAS ST
DALLAS,TX75204 		  PC GENERAL OPERATIONS 10,000

HOPE SUPPLY CO

10480 SHADY TRAIL STE 104
DALLAS,TX75220 		  PC GENERAL OPERATING 5,000

HOPE'S DOORNEW BEGINNING

860 F AVE STE 100
PLANO,TX75074 		  PC GENERAL OPERATING 8,000

INTERFAITH FAMILY SERVICES

5600 ROSS AVE
DALLAS,TX75206 		  PC TRANSITIONAL HOUSING PROGRAM 10,000

LEXINGTON THEOLOGICAL SEMINARY

230 LEXINGTON GREEN CIRCLE 300
LEXINGTON,KY40503 		  PC ANNUAL MINISTERIAL EDUCATION FUND 5,000

MENTAL HEALTH AMERICA OF GREATER DALLAS

2824 SWISS AVE
DALLAS,TX75204 		  PC "WHO" PROGRAM 10,000

METROCARE SERVICES

1345 RIVER BEND DRIVE SUITE 200
DALLAS,TX75247 		  PC HILLSIDE CAMPUS CAPITAL CAMPAIGN 100,000

MY POSSIBILITIES

3601 MAPLESHADE LANE
PLANO,TX75075 		  PC PROGRAMS FOR SPECIAL NEEDS INDIVIDUALS AGED OUT OF SCHOOL 100,000

NEW FRIENDS NEW LIFE

6060 N CENTRAL EXPY
DALLAS,TX75206 		  PC PROGRAMS FOR FORMERLY TRAFFICKED WOMEN AND THEIR CHILDREN 12,000

NORTH TEXAS FOOD BANK

4500 COCKRELL HILL RD
DALLAS,TX75236 		  PC NEW DISTRIBUTION CENTER, ENDOWMENT FUND FOR COVERING FUTURE YEARS, FOOD DISTRIBUTION 250,000

OURCALLING

1702 CESAR CHAVEZ BLVD
DALLAS,TX75215 		  PC GENERAL OPERATING 5,000

OUT TEACH

1 THOMAS CIRCLE NORTHWEST SUITE 700
WASHINGTON,DC20005 		    OUTDOOR SCIENCE EDUCATION PROGRAMS 20,000

OUTCRY IN THE BARRIO DALLAS

4419 HAMILTON AVE
DALLAS,TX75210 		  PC FEEDING AND CARE OF MEN FIGHTING ADDICTION 25,000

PEROT MUSEUM OF NATURE AND SCIENCE

2201 N FIELD ST
DALLAS,TX75201 		  PC EDUCATIONAL OUTREACH PROGRAM 15,000

PRESTONWOOD ELEMENTARY

6525 LA COSA DR
DALLAS,TX75248 		  PC DONATION IN MEMORY OF EMILY HEARNE 100

READERS 2 LEADERS

2800 N HAMPTON ROAD 120
DALLAS,TX75212 		  PC GENERAL OPERATING 50,000

RETINA FOUNDATION OF THE SOUTHWEST

9600 N CENTRAL EXPY STE 200
DALLAS,TX75231 		  PC STEM CELL LAB RENOVATION 50,000

RISE ADAPTIVE SPORTS

2720 ROCHELLE POINT
IRVING,TX75062 		  PC ADAPTIVE SPORTS PROGRAM 3,000

RONALD MCDONALD HOUSE OF DALLAS

4707 BENGAL ST
DALLAS,TX75235 		  PC HOME AWAY FROM HOME PROGRAM 10,000

SCHOLARSHOT

2904 SWISS AVE
DALLAS,TX75204 		  PC ACADEMIC MANAGER GRANT 75,000

SHAKESPEARE DALLAS

3630 HARRY HINES BLVD
DALLAS,TX75219 		  PC ARTS EDUCATION PROGRAMS 18,000

SOUTHWESTERN DIABETIC FOUNDATION INC

PO BOX 918
GAINSVILLE,TX76241 		  PC FINANCIAL ASSISTANCE: FOR CHILDREN TO ATTEND CAMP SWEENEY 7,500

SPARK

1409 BOTHAM JEAN BLVD 004
DALLAS,TX75215 		  PC PLEDGE TO CREATIVE PROGRAMMING FOR CHILDREN 10,000

ST PHILIPS SCHOOL & COMMUNITY CENTER

1600 PENNSYLVANIA AVE
DALLAS,TX75215 		  PC AUNT BETTE'S COMMUNITY PANTRY 50,000

SUICIDE & CRISIS CENTER OF NORTH TEXAS

2808 SWISS AVE
DALLAS,TX75204 		  PC CRISIS LINE PAID STAFF INITIATIVE 10,000

TEXAS CHRISTIAN UNIVERSITY

TCU BOX 297400
FORTH WORTH,TX76129 		  PC ANNUAL FUND CAMPAIGN 30,000

TEXAS WOMEN'S FOUNDATION

8510 NORTH CENTRAL EXPRESSWAY SUITE
110
DALLAS,TX75206 		  PC REPRODUCTIVE FREEDOM INITIATIVE 100,000

THE DALLAS OPERA

2403 FLORA ST 500
DALLAS,TX75201 		  PC EDUCATIONAL & COMMUNITY ENGAGEMENT PROGRAMS 20,000

THE MACMILLAN INSTITUTE

518 E WHEATLAND RD
DUNCANVILLE,TX75116 		  PC PUBLIC SCHOOL ACADEMY AND SUMMER SEMINAR 50,000

THE MAGDALEN HOUSE

1302 REDWOOD CIRCLE
DALLAS,TX75218 		  PC FIRST STEP PROGRAM 15,000

THE SENIOR SOURCE

3910 HARRY HINES BLVD
DALLAS,TX75219 		  PC TRAILBLAZING FOR TOMORROW CAMPAIGN 30,000

THE STEWPOT

1835 YOUNG STREET
DALLAS,TX75201 		  PC GENERAL OPERATING 40,000

THE WARREN CENTER

320 CUSTER ROAD
RICHARDSON,TX75080 		  PC TRANSLATION SERVICES 50,000

THE WELL COMMUNITY

125 SUNSET AVE
DALLAS,TX75208 		  PC REOURCES FOR ADULTS WITH MENTAL ILLNESS 10,000

UNIVERSITY OF DALLAS

1845 EAST NORTHGATE DRIVE
IRVING,TX750624736 		  PC FIRST GENERATION STUDENT PROGRAM 25,000

UT MD ANDERSON CANCER CENTER

1515 HOLCOMBE BLVD
HOUSTON,TX77030 		  PC MOON SHOTS PROGRAM FOR PANCREATIC CANCER RESEARCH 75,000

VICKERY TRADING CO

5750 PINELAND DR SUITE 200
DALLAS,TX75231 		  PC SUPPORT FOR REFUGEE FAMILIES 5,000

VOGEL ALCOVE

1738 GANO STREET
DALLAS,TX75215 		  PC FAMILY GATEWAY NORTH INITIATIVE 25,000

YOUTH BELIEVING IN CHANGE

8574 STULTS ROAD
DALLAS,TX75243 		  PC SUPPORT OF ACADEMIC TUTORING FOR LOW-INCOME CHILDREN IN DALLAS 7,500
Total .................................right arrow 3a 2,671,395
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 1,544,935  
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 ..... 211100 30,670 14 4,226,324  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 25,498,072  
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) .. 30,670 31,269,331 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
31,300,001
(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:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 38,007 35,347 0 0

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

TY 2023 DepreciationSchedule
Name:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
MONROE CREDENZA DESK & HUTCH 2010-03-07 2,300 2,300 SL 7.000000000000 0 0 0  
MONROE EXECUTIVE DESK 2010-02-09 1,530 1,530 SL 7.000000000000 0 0 0  
TANNER EXECUTIVE CHAIR 2010-02-10 450 450 SL 7.000000000000 0 0 0  
CONFERENCE TABLE AND CHAIRS 2010-02-01 664 664 SL 7.000000000000 0 0 0  
HP COMPUTER (1 PC & 1 MONITOR) 2010-02-16 730 730 SL 5.000000000000 0 0 0  
TELEPHONE SYSTEM 2010-01-26 976 976 SL 5.000000000000 0 0 0  
COMPUTER SYSTEM 2002-01-01 3,134 3,134 SL 5.000000000000 0 0 0  
TYPEWRITER 2002-01-01 450 450 SL 5.000000000000 0 0 0  
REFRIGERATOR 2011-03-21 250   SL 7.000000000000 0 0 0  
SOFA & SOFA TABLE 2011-12-16 1,931   SL 7.000000000000 0 0 0  
1 PC & 1 MONITOR 2011-03-21 1,000   SL 5.000000000000 0 0 0  
GRAPHICS CARD & TUNER 2011-05-18 130   SL 5.000000000000 0 0 0  
EXT. HARDDRIVES & SOFTWARE 2012-12-10 559 279 SL 5.000000000000 0 0 0  
TOSHIBA COPIER 2012-03-28 2,425 1,212 SL 5.000000000000 0 0 0  
STACY FURNITURE - CABINET 2013-06-30 796 398 SL 7.000000000000 0 0 0  
HAVERTYS FURNITURE - 2 CHAIRS 2013-07-02 620 310 SL 7.000000000000 0 0 0  
HAVERTYS COFFEE TABLE 2013-07-16 470 235 SL 7.000000000000 0 0 0  
LENOVO PC 2014-01-14 713 356 SL 5.000000000000 0 0 0  
SOTWARE - QB RENEWAL & UPDATE 2015-03-27 250 125 SL 3.000000000000 0 0 0  
COAT RACK 2016-09-29 129 59 SL 7.000000000000 5 0 14  
FURNITURE 2023-08-23 101   SL 7.000000000000 82 0 5  
COMPUTER EQUIPMENT 2023-02-17 1,952   SL 5.000000000000 1,601 0 325  
SOFTWARE 2023-03-17 9,288   SL 5.000000000000 7,616 0 1,393  

TY 2023 InvestmentsCorpBondsSchedule
Name:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 12,951,866 13,127,254

TY 2023 InvestmentsCorpStockSchedule
Name:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCK 32,222,417 40,148,834

TY 2023 InvestmentsOtherSchedule2
Name:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
OTHER INVESTMENTS AT COST 500,000 6,968,115

TY 2023 LandEtcSchedule2
Name:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
MONROE CREDENZA DESK & HUTCH 2,300 2,300 0 0
MONROE EXECUTIVE DESK 1,530 1,530 0 0
TANNER EXECUTIVE CHAIR 450 450 0 0
CONFERENCE TABLE AND CHAIRS 664 664 0 0
HP COMPUTER (1 PC & 1 MONITOR) 730 730 0 0
TELEPHONE SYSTEM 976 976 0 0
COMPUTER SYSTEM 3,134 3,134 0 0
TYPEWRITER 450 450 0 0
REFRIGERATOR 250 250 0 0
SOFA & SOFA TABLE 1,931 1,931 0 0
1 PC & 1 MONITOR 1,000 1,000 0 0
GRAPHICS CARD & TUNER 130 130 0 0
EXT. HARDDRIVES & SOFTWARE 559 559 0 0
TOSHIBA COPIER 2,425 2,425 0 0
STACY FURNITURE - CABINET 796 796 0 0
HAVERTYS FURNITURE - 2 CHAIRS 620 620 0 0
HAVERTYS COFFEE TABLE 470 470 0 0
LENOVO PC 713 713 0 0
SOTWARE - QB RENEWAL & UPDATE 250 250 0 0
COAT RACK 129 129 0 0
FURNITURE 101 82 19 19
COMPUTER EQUIPMENT 1,952 1,601 351 351
SOFTWARE 9,288 7,616 1,672 1,672


TY 2023 LegalFeesSchedule
Name:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 57,193 54,404 0 0


TY 2023 OtherAssetsSchedule
Name:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PREPAID PAYROLL 884 0 0
FEDERAL TAX DEPOSIT 14 14 14
PREPAID CREDIT CARD 12,427 0 0
ACCRUED REVENUE 0 0 139,891


TY 2023 OtherExpensesSchedule
Name:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OIL & GAS LEASE OPERATING EXPENSES 146,847 40,758 0 0
TELEPHONE 1,524 1,417 0 0
BOND PREMIUM AMORTIZATION 14,965 14,965 0 0
OTHER INSURANCE 65 65 0 0
INSURANCE 11,185 10,398 0 0
OFFICE 14,754 13,721 0 0
IT SERVICES 39,933 37,138 0 0
BANK CHARGE 799 743 0 0


TY 2023 OtherIncomeSchedule2
Name:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OIL & GAS WORKING INTEREST INCOME 30,670 0  
OIL AND GAS ROYALTY INTEREST INCOME 4,110,493 4,110,493  
OTHER INCOME 115,831 115,831  


TY 2023 OtherIncreasesSchedule
Name:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Description Amount
NET UNREALIZED GAIN 377,483


TY 2023 OtherLiabilitiesSchedule
Name:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Description Beginning of Year - Book Value End of Year - Book Value
PAYROLL LIABILITIES 183 183
CREDIT CARD PAYABLE 0 158


TY 2023 OtherProfessionalFeesSchedule
Name:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 118,976 116,976 0 2,000


TY 2023 TaxesSchedule
Name:
THEODORE AND BEULAH BEASLEY FOUNDATION
 
INC
EIN:
75-6035806
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FICA TAXES 100,553 53,293 0 40,221
PROPERTY TAX 48,008 48,008 0 0
EXCISE TAX 384,000 0 0 0
FOREIGN TAX WITHHELD 9,403 9,403 0 0
OIL & GAS PRODUCTION TAX 257,920 252,872 0 0