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
Patterson Family Foundation Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

58-2145618
B Telephone number (see instructions)

(800) 839-1754
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$16,717,264J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 28,149 28,149  
4 Dividends and interest from securities... 321,799 321,799  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 475,603
b Gross sales price for all assets on line 6a 7,885,650
7 Capital gain net income (from Part IV, line 2)... 4,387,418
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........ 825,551 4,737,366  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 24,167     24,167
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 1,854     1,854
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
45,913 44,309   1,604
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
106,161 651    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
1,914    
20 Occupancy.............. 20,576     20,576
21 Travel, conferences, and meetings....... 11,514     11,514
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
55,499 242   55,257
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 267,598 45,202   114,972
25 Contributions, gifts, grants paid....... 257,205 257,205
26 Total expenses and disbursements. Add lines 24 and 25 524,803 45,202   372,177
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 300,748
b Net investment income (if negative, enter -0-) 4,692,164
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 5,379,434 685,434 685,434
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)   Click to see attachment
List of Attached Documents:
// Content
1,246,624 		1,268,210
b Investments—corporate stock (attach schedule)....... 9,724,680 Click to see attachment
List of Attached Documents:
// Content
13,877,655 		14,686,148
c Investments—corporate bonds (attach schedule)....... 482,273    
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 arrow79,386
Less: accumulated depreciation (attach schedule) right arrow1,914   Click to see attachment
List of Attached Documents:
// Content
77,472 		77,472
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,586,387 15,887,185 16,717,264
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 15,586,387 15,887,185
29 Total net assets or fund balances (see instructions)..... 15,586,387 15,887,185
30 Total liabilities and net assets/fund balances (see instructions). 15,586,387 15,887,185
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
15,586,387
2
Enter amount from Part I, line 27a .....................
2
300,748
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
50
4
Add lines 1, 2, and 3 ..........................
4
15,887,185
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
15,887,185
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      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 7,885,650   3,498,232 4,387,418
b
c
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        
b
c
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 4,387,418
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 65,221
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 65,221
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 65,221
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 63,533
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,800
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 66,333
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 1,112
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow1,112 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 arrowGA
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 arrow  
14
The books are in care ofright arrowFoundation Source Telephone no.right arrow (800) 839-1754

Located atright arrow501 Silverside Road Suite 123WilmingtonDE ZIP+4right arrow198091377
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Carolyn Patterson TRUSTEE, EXECUTIVE DIRECTOR
16.0 		24,167 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
John Solon Patterson Trustee
4.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Joseph Peter Patterson Trustee
4.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Marianna R Patterson Sec, Treas
8.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Nancy Patterson Trustee
2.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Solon P Patterson Pres
16.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
Total number of other employees paid over $50,000...................right arrow  
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
 
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
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
15,001,501
b
Average of monthly cash balances.......................
1b
947,417
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
15,948,918
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
15,948,918
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
239,234
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
15,709,684
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
785,484
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
785,484
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
65,221
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
65,221
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
720,263
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
720,263
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
720,263
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
372,177
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
79,386
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
451,563
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 7 720,263
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 410,078
b Total for prior years:2021, 2020, 2019  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 451,563
a Applied to 2022, but not more than line 2a 410,078
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 41,485
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		678,778
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 0
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).)
John Solon Patterson
Joseph Peter Patterson
Marianna R Patterson
Solon P Patterson
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:
PATTERSON FAMILY FOUNDATION
3715 northside pkwyNW bld 300 715
atlanta,GA30327
(404) 869-9180
SOLON.P.PATTERSON@GMAIL.COM
bThe form in which applications should be submitted and information and materials they should include:
ALL APPLICANTS SHOULD SUBMIT A ONE OR TWO PAGE LETTER OF INQUIRY RATHER THAN CALLING OR E-MAILING.
cAny submission deadlines:
GRANT REQUESTS MUST BE RECEIVED IN WRITING THIRTY DAYS PRIOR TO THE NEXT BOARD MEETING.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
A MINIMUM TIME PERIOD OF TWO YEARS IS REQUIRED BETWEEN EACH APPROVED GRANT REQUEST FROM THE SAME GROUP OR ORGANIZATION. THIS DOES NOT PREVENT THE PATTERSON FAMILY FOUNDATION FROM PROACTIVELY GIVING TO GROUPS OR ORGANIZATIONS THAT WE HAVE PREVIOUSLY FUNDED.
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

A MILLION MATTERS INC

1266 W PACES FERRY RD NW PMB 102
ATLANTA,GA30327 		N/A PC General & Unrestricted 2,100

AGAPE COMMUNITY CENTER INC

2210 MARIETTA BLVD NW
ATLANTA,GA30318 		N/A PC Program for College Success 20,000

AMERICAN CANCER SOCIETY

270 PEACHTREE ST STE 1300
ATLANTA,GA30303 		N/A PC General & Unrestricted 100

AMERICAN HEART ASSOCIATION

11207 BLUE HERON BLVD N
ST PETERSBURG,FL33716 		N/A PC General & Unrestricted 100

ARCHDIOCESE OF ATLANTA

PO BOX 930535
ATLANTA,GA31193 		N/A PC General & Unrestricted 500

ATLANTA RONALD MCDONALD HOUSE CHARITIES INC

795 GATEWOOD RD NE
ATLANTA,GA30329 		N/A PC General & Unrestricted 5,000

ATLANTA WORKSHOP PLAYERS INC

355 N PEAK DR
ALPHARETTA,GA30022 		N/A PC support to Build a state of the art classroom in North Atlanta 20,000

BIRTHRIGHT INC

PO BOX 98363
ATLANTA,GA30359 		N/A PC General & Unrestricted 250

CAMP KUDZU INC

8601 DUNWOODY PL STE 508
ATLANTA,GA30350 		N/A PC Camp Scholarship fund 15,000

CATHEDRAL OF CHRIST THE KING CATHOLIC CHURCH ATLAN

2699 PEACHTREE RD NE
ATLANTA,GA30305 		N/A PC General & Unrestricted 2,500

CATHOLIC RELIEF SERVICES INC

228 W LEXINGTON ST
BALTIMORE,MD21201 		N/A PC General & Unrestricted 1,000

CHASTAIN PARK CONSERVANCY

4001 POWERS FERRY RD NW
ATLANTA,GA30342 		N/A PC Native Plant Restoration Initiative 20,000

CRISTO REY ATLANTA JESUIT HIGH SCHOOL INC

222 PIEDMONT AVE NE
ATLANTA,GA30308 		N/A PC funds to Harden first floor windows 25,000

DUKES FOUNDATION CORPORATION

279 SADDLEVIEW TRL
RIVERDALE,GA30274 		N/A PC Adversity University Workshops and Social/Emotional Learning Courses programs 25,000

FERNBANK INC

767 CLIFTON RD NE
ATLANTA,GA30307 		N/A PC STEAM-Powered Communities 20,000

FOUNDATION FOR PUBLIC BROADCASTING IN GEORGIA INC

260 14TH ST NW
ATLANTA,GA30318 		N/A PC General & Unrestricted 200

GEORGE WEST MENTAL HEALTH FOUNDATION INC

1961 N DRUID HILLS RD NE
BROOKHAVEN,GA30329 		N/A PC General & Unrestricted 5,000

INTERNATIONAL ORTHODOX CHRISTIAN CHARITIES INC

110 W RD STE 360
BALTIMORE,MD21204 		N/A PC General & Unrestricted 500

KAPPA KAPPA GAMMA FOUNDATION

6640 RIVERSIDE DR STE 200
DUBLIN,OH43017 		N/A PC General & Unrestricted 100

KIDZ 2 LEADERS INC

1640 POWERS FERRY ROAD BLDG 15
MARIETTA,GA30067 		N/A PC Charitable Event 10,000

LAKE BURTON CIVIC ASSOCIATION FOUNDATION INC

PO BOX 1988
CLAYTON,GA30525 		N/A PC Education Scholarship Fund 1,500

NATIONAL AUDUBON SOCIETY INC

225 VARICK ST 7TH FLOOR
NEW YORK,NY10014 		N/A PC General & Unrestricted 50

NATIONAL PARKS CONSERVATION ASSOCIATION

777 6TH ST NW STE 700
WASHINGTON,DC20001 		N/A PC General & Unrestricted 25

NATIONAL WORLD WAR II MUSEUM INC

945 MAGAZINE ST
NEW ORLEANS,LA70130 		N/A PC General & Unrestricted 200

ODYSSEY INC

1424 W PACES FERRY RD NW
ATLANTA,GA30327 		N/A SO I Scholarship Fund 10,000

OMICRON DELTA KAPPA SOCIETY AND EDUCATIONAL FOUNDA

224 MCLAUGHLIN ST
LEXINGTON,VA24450 		N/A PC General & Unrestricted 100

PHI BETA KAPPA SOCIETY

1606 NEW HAMPSHIRE AVE NW
WASHINGTON,DC20009 		N/A PC General & Unrestricted 100

PHILANTHROPY SOUTHEAST INC

100 PEACHTREE ST NW 2080
ATLANTA,GA30303 		N/A PC General & Unrestricted 1,320

PIEDMONT HEALTHCARE FOUNDATION INC

2001 PEACHTREE RD NE STE 400
ATLANTA,GA30309 		N/A SO II General & Unrestricted 150

PRESBYTERIAN HOMES OF GEORGIA INC

PO BOX 926
QUITMAN,GA31643 		N/A PC Caring Hands Fund 150

REACH FOR EXCELLENCE INC

3790 ASHFORD DUNWOODY RD NE
ATLANTA,GA30319 		N/A SO I Reach For Excellence's Saturday Sessions 15,000

ROAD SAFE AMERICA INC

PO BOX 460278
FT LAUDERDALE,FL33346 		N/A PC General & Unrestricted 500

ROBERT W WOODRUFF ARTS CENTER INC

1280 PEACHTREE ST NE
ATLANTA,GA30309 		N/A PC General & Unrestricted 50

SCHWAB CHARITABLE FUND

9800 SCHWAB WAY
LONE TREE,CO80124 		N/A PC General & Unrestricted 7,482

THE CHARITABLE FOUNDATION OF THE ROTARY CLUB OF AT

40 COURTLAND ST NE
ATLANTA,GA30303 		N/A PC General & Unrestricted 488

THE EMPTY STOCKING FUND INC

693 HUMPHRIES ST SW
ATLANTA,GA30310 		N/A PC General & Unrestricted 140

THE TRUST FOR PUBLIC LAND - GEORGIA OFFICE

600 WEST PEACHTREE ST NW 1840
ATLANTA,GA30308 		N/A PC Chattahoochee RiverLands Showcase Project and the Camp & Paddle Trail 15,000

TRINITY COMMUNITY MINISTRIES INC

21 LEONARD TATE ST
ATLANTA,GA30303 		N/A PC funds to Promote a fall matching campaign 25,000

UNITED SERVICE ORGANIZATIONS INC

PO BOX 96860
WASHINGTON,DC20077 		N/A PC General & Unrestricted 100

WESTMINSTER SCHOOLS INC

1424 W PACES FERRY RD NW
ATLANTA,GA30327 		N/A PC General & Unrestricted 5,000

WOODWARD ACADEMY INC

1662 RUGBY AVE
COLLEGE PARK,GA30337 		N/A PC General & Unrestricted 2,500
Total .................................right arrow 3a 257,205
bApproved for future payment
Total ................................. right arrow 3b  
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 ........... 		    14 28,149  
4 Dividends and interest from securities ....     14 321,799  
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 ............ 		    18 475,603  
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) ..   825,551  
13Total. Add line 12, columns (b), (d), and (e)..................
13
825,551
(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

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

TY 2023 DepreciationSchedule
Name:
Patterson Family Foundation Inc
EIN:
58-2145618
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
BLDG IMPROVEMENTS 2023-12-01 44,379   SL 15 247      
FURNITURE - CHAIRS 2023-09-07 18,608   SL 7 886      
FURNITURE - DESK 2023-09-06 16,399   SL 7 781      

TY 2023 InvestmentsCorpStockSchedule
Name:
Patterson Family Foundation Inc
EIN:
58-2145618
Name of Stock End of Year Book Value End of Year Fair Market Value
AAM LOW DURATION PREFERRED & I 110,224 110,404
ABBVIE INC 63,696 69,272
ABM INDS INC 15,615 15,332
AES CORP 15,465 13,417
AGNICO EAGLE MINES LTD 10,264 9,928
AIA GROUP LTD ADR 13,364 11,545
AMERICAN FUNDS NEW PERSPECTIVE 1,662,595 1,691,790
AMERICAN MUTUAL FUND F3 SHR 435,525 436,453
BANK OF AMERICA CORP SER E - F 12,822 14,106
BAZAARVOICE INC 11,713 11,687
BOSTON SCIENTIFIC 68,511 88,102
BP PLC SPONSORED ADR 23,691 25,311
CAMDEN PPTY TR 9,584 10,326
CAMECO CORPORATION 6,585 10,775
CANADIAN NATURAL RESOURCES LTD 9,473 10,876
CENCORA INC 44,405 56,069
CITIGROUP INC 9,055 10,031
COHEN & STEERS LOW DURATION PR 112,814 110,931
COMPASS GROUP PLC ADR 14,572 17,882
CONAGRA FOODS INC 24,235 19,317
DANAHER CORP 23,269 22,440
DELAWARE SMALL CAP CORE FUND I 217,101 258,501
DFA U.S. SMALL CAP PORTFOLIO 585,089 633,611
DODGE & COX FDS GLOBAL STK 1,565,344 1,707,956
DOUBLELINE LOW DURATION BOND F 102,678 102,697
ELI LILLY & CO 53,463 88,021
ELME COMMUNITIES 11,710 8,059
EQT CORPORATION 11,751 12,526
ESTEE LAUDER COMPANIES INC 9,259 11,700
FEDEX CORPORATION 7,247 9,613
FIDELITY NATIONAL INFORMATION 201,096 197,270
FREEPORT-MCMORAN COPPER & GOLD 14,511 16,858
GE HEALTHCARE TECHNOLOGIES INC 9,202 9,665
HCA INC 50,341 50,076
HEALTHPEAK PROPERTIES INC 14,519 11,286
HUMANA INC 47,384 43,492
HUSSMAN STRATEGIC GROWTH FD 50,517 44,337
ICON PLC - AMERICAN DEPOSITARY 30,731 31,987
INT'L FLAVORS & FRAGRANCES INC 31,767 26,963
INTUITIVE SURGICAL 20,571 21,591
IQVIA HOLDINGS INC 59,488 64,555
ISHARE MSCI SINGAPOR 20,145 18,999
ISHARES 0-3 MONTH TREASURY 42,375 42,414
ISHARES BARCLAYS 1-3 YEAR TREA 50,644 51,029
ISHARES MSCI INDIA ETF 20,466 23,380
ISHARES S&P GLOBAL I 20,657 19,714
ISHARES SILVER TRUST 29,894 30,862
JOHN HANCOCK FDS III DISCIPLIN 198,696 275,727
KELLANOVA (FNA KELLOGG CO) 9,502 8,387
KENVUE INC 19,691 20,346
KIMBERLY CLARK CORP 10,282 9,113
KIMCO RLTY CORP 9,790 9,952
LAMAR ADVERTISING CO CL A REIT 10,260 10,522
LAS VEGAS SANDS CORP 11,813 13,434
LIVE NATION INC COM 7,566 10,577
MADISON SQUARE GARDEN CL A 9,681 10,001
MADISON SQUARE GARDEN ENTERTAI 9,957 10,491
MARKET VECTORS - GOLD MINERS E 20,918 19,567
MARKET VECTORS ETF TRJR GOLD M 10,395 9,667
MARKET VECTORS VIETNAM ETF 11,054 10,013
MCKESSON CORP 65,766 78,707
MELCO RESORTS AND ENTERTAINMEN 11,667 10,138
METLIFE INC FLOATING RATE NON- 12,635 12,931
MFS RESEARCH INTERNATIONAL FUN 621,594 658,488
MICHELIN CIE GEN UNSP/ADR 9,945 11,728
MISFX 445,288 430,637
MISTER CAR WASH, INC. 12,597 11,915
MONRO MUFFLER BRAKE, INC 13,474 10,005
NEW WORLD FUND CLASS F3 491,130 434,021
NOVO NORDISK A S 28,743 32,070
PHILIP MORRIS INTL 9,879 9,314
PIMCO 1 TO 5 YEAR US TIPS INDE 36,415 36,265
PINNACLE WEST CAPITAL CORP 10,138 9,842
QUADRATIC INTEREST RATE VOLATI 150,579 130,015
REALTY INCOME CORP 10,148 8,670
REGENERON PHARMACEUTICALS INC 18,842 22,836
REYNOLDS CONSUMER PRODUCTS INC 10,108 9,313
SCOTTS CO. CLASS A 17,257 15,173
SEABRIDGE GOLD INC 11,101 9,061
SHELL ADR EACH REPRESENTING 2 24,745 28,557
SINGAPORE TELE ADR 21,057 20,391
SMALLCAP WORLD FUND CL F3 231,227 177,047
SOUTHWESTERN ENERGY CO 12,477 13,414
SPDR BARCLAYS CAPITAL 1-3 MONT 51,958 51,818
SPROTT PHYSICAL GOLD AND SILVE 601,677 633,195
SPROTT PHYSICAL GOLD TRUST 50,638 54,305
SPROTT URANIUM MINERS ETF 19,777 27,224
STARWOOD PROPERTY TRUST INC 21,769 20,810
STRK SPDR S&P CH ETF 7,349 5,722
STRYKER CORPORATION 55,072 64,983
SUMITOMO MITSUI FINCL GRP 24,339 29,640
SYSCO CORP 9,994 10,311
TC ENERGY CORPORATION 28,098 22,829
TEMPLETON GLOBAL BD 146,465 138,277
TENET HEALTHCARE CORP 38,640 42,546
TESCO PLC S ADR 10,769 12,209
THE COCA-COLA CO 10,578 9,959
THERMO FISHER SCIENTIFIC INC 78,987 74,841
TRIP COM GROUP ADR 11,244 14,404
UNDER ARMOUR INC CL A 16,241 11,172
UNITEDHEALTH GROUP INC 50,034 54,226
VANECK VECTOR JPMORGAN EM LOCA 81,252 81,678
VANGUARD LG-CAP ETF 1,861,242 2,215,532
VANGUARD MID-CAP ETF 1,192,275 1,290,919
VANGUARD SHORT-TERM CORPORATE 51,278 51,690
VCA ANTECH INC 20,619 6,108
VERTEX PHARMCTLS INC 39,599 43,130
VICI PROPERTIES INC 9,880 10,680
VIRTU FINANCIAL INC 23,786 20,523
WALGREENS BOOTS ALLIANCE 31,713 23,133
WALT DISNEY HOLDINGS CO 15,252 13,002
WASHINGTON MUTUAL INVESTORS FU 642,325 652,344
WILLIAMS COS 26,889 27,829
WISDOMTREE JAPAN HEDGED EQUITY 19,845 26,394
ZOETIS INC 36,227 43,224

TY 2023 InvestmentsGovtObligationsSch
Name:
Patterson Family Foundation Inc
EIN:
58-2145618
US Government Securities - End of Year Book Value:

1,246,624
US Government Securities - End of Year Fair Market Value:

1,268,210
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 LandEtcSchedule2
Name:
Patterson Family Foundation Inc
EIN:
58-2145618
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BLDG IMPROVEMENTS 44,379 247 44,132 44,132
FURNITURE - CHAIRS 18,608 886 17,722 17,722
FURNITURE - DESK 16,399 781 15,618 15,618


TY 2023 OtherExpensesSchedule
Name:
Patterson Family Foundation Inc
EIN:
58-2145618
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 35,292     35,292
Bank Charges 242 242    
Digital Subscriptions 845     845
Equipment Maintenance 288     288
Equipment/Furniture Purchase 13,869     13,869
Foundation Dues & Memberships 270     270
Insurance Premiums 1,315     1,315
Office Supplies 2,371     2,371
Payroll Processing Fees 608     608
Postage/Delivery Service 4     4
State or Local Filing Fees 30     30
Website Hosting/Support 365     365


TY 2023 OtherIncreasesSchedule
Name:
Patterson Family Foundation Inc
EIN:
58-2145618
Description Amount
RETURNED GRANT 50


TY 2023 OtherProfessionalFeesSchedule
Name:
Patterson Family Foundation Inc
EIN:
58-2145618
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 44,309 44,309    
SHREDDING SERVICES 107     107
DESIGN SERVICES 250     250
MOVING SERVICES 885     885
FURNITURE PICK UP SERVICES 362     362


TY 2023 TaxesSchedule
Name:
Patterson Family Foundation Inc
EIN:
58-2145618
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
4720 Tax for 2022 10      
990-PF Estimated Tax for 2023 62,600      
990-PF Extension for 2022 42,900      
Foreign Tax Paid 651 651