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 06-01-2023 , and ending 05-31-2024
Name of foundation
THE WAITE & GENEVIEVE PHILLIPS FDN
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 9398
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Amarillo, TX79105
A Employer identification number

85-0335071
B Telephone number (see instructions)

(505) 983-4592
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$11,541,799J 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 23,367 23,367  
4 Dividends and interest from securities... 270,021 270,021  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
182,688
b Gross sales price for all assets on line 6a 6,184,684
7 Capital gain net income (from Part IV, line 2)... 182,688
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
0    
12 Total. Add lines 1 through 11........ 476,076 476,076 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 138,000     138,000
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
0 0   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,574 5,787   5,787
c Other professional fees (attach schedule).... 0      
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
27,342     10,641
19 Depreciation (attach schedule) and depletion... 1,313 1,313  
20 Occupancy.............. 13,694     13,694
21 Travel, conferences, and meetings....... 9,374     9,374
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
73,841 64,881   8,960
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 275,138 71,981   186,456
25 Contributions, gifts, grants paid....... 358,315 358,315
26 Total expenses and disbursements. Add lines 24 and 25 633,453 71,981   544,771
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -157,377
b Net investment income (if negative, enter -0-) 404,095
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............. 36,869 117,244 117,244
2 Savings and temporary cash investments......... 161,363 1,062,055 1,062,055
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).....   0  
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow     0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 3,966 2,623 2,623
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,264,947 Click to see attachment
List of Attached Documents:
// Content
3,865,111 		6,771,997
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,209,210 Click to see attachment
List of Attached Documents:
// Content
3,475,018 		3,092,990
14 Land, buildings, and equipment: basis right arrow335,985
Less: accumulated depreciation (attach schedule) right arrow276,578 60,720 Click to see attachment
List of Attached Documents:
// Content
59,407 		491,779
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
3,111 		Click to see attachment
List of Attached Documents:
// Content
3,111 		Click to see attachment
List of Attached Documents:
// Content
3,111
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,740,186 8,584,569 11,541,799
Liabilities 17 Accounts payable and accrued expenses.......... 35 33
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1 		Click to see attachment
List of Attached Documents:
// Content
1,760
23 Total liabilities (add lines 17 through 22)......... 36 1,793
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........... 8,740,150 8,582,776
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    
29 Total net assets or fund balances (see instructions)..... 8,740,150 8,582,776
30 Total liabilities and net assets/fund balances (see instructions). 8,740,186 8,584,569
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
8,740,150
2
Enter amount from Part I, line 27a .....................
2
-157,377
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3
4
Add lines 1, 2, and 3 ..........................
4
8,582,776
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
8,582,776
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 CROSS STATE FINANCIAL - LT P 2016-05-17 2024-05-22
b CROSS STATE FINANCIAL - ST P 2023-05-01 2023-08-01
c CROSS STATE FINANCIAL - ST - CAP GAIN DIST P 2023-11-01 2023-11-01
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 1,586,402 0 1,383,070 203,332
b 4,593,095 0 4,618,925 -25,830
c 5,186 0 0 5,186
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 0 0 0 203,332
b 0 0 0 -25,830
c 0 0 0 5,186
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 2 182,688
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 -20,644
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 5,617
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 5,617
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 5,617
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 3,860
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 3860 7 3,860
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 1,757
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow0 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 arrowNM
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
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 arrowTHE WAITE & GENEVIEVE PHILLIPS FDN Telephone no.right arrow (505) 982-4676

Located atright arrow525 E PALACESANTA FENM ZIP+4right arrow875012046
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
 
 
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
JULIE PHILLIPS PUCKETT CHAIRMAN-PRESIDENT
20.00 		78,000 0 0
2804 S TRAVIS
AMARILLO,TX79109
CONNIE J WOOTTON SR VICE-PRES/SEC-TREAS
3.00 		20,000 0 0
5476 WHITE FENCE ROAD
CANYON,TX79015
DOUGLAS CLAY HOLCOMB VICE-PRESIDENT
3.00 		20,000 0 0
619 S TYLER SUITE 101
AMARILLO,TX79101
LELA PHILLIPS PUCKETT DIRECTOR
3.00 		20,000 0 0
151 MONROE RD
CIMARRON,NM87714
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 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
9,571,069
b
Average of monthly cash balances.......................
1b
949,085
c
Fair market value of all other assets (see instructions)................
1c
974,029
d
Total (add lines 1a, b, and c).........................
1d
11,494,183
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
 
3
Subtract line 2 from line 1d.........................
3
11,494,183
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
172,413
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
11,321,770
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
566,089
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
566,089
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
5,617
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,617
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
560,472
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
560,472
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
560,472
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
544,771
b
Program-related investments—total from Part VIII-B..................
1b
 
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
544,771
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 7 560,472
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 16,874
e From 2022...... 0
f Total of lines 3a through e ........ 16,874
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 544,771
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 544,771
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 15,701 15,701
(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 1,173
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...... 		 
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,173
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 0
c Excess from 2021.... 1,173
d Excess from 2022.... 0
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).)
ALL ASSETS RECEIVED DIRECTLY OR IND
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.
NONE
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

SEE ATTACHED SCHEDULE

VARIOUS
VARIOUS,TX79101 		  GOOD GENERAL USE 358,315
Total .................................right arrow 3a 358,315
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 23,367  
4 Dividends and interest from securities ....     14 270,021  
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 ............ 		    18 182,688  
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) ..   476,076  
13Total. Add line 12, columns (b), (d), and (e)..................
13
476,076
(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.)
N/A N/A
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:  
Part VI Line 7 - Tax Paid with the Original Return: 3,860


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE WAITE & GENEVIEVE PHILLIPS FDN
EIN:
85-0335071
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BROSIER & BUCHANAN PTRS ACCOUNTING 11,574 5,787   5,787

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

TY 2023 GainLossSaleOtherAssetsSch
Name:
THE WAITE & GENEVIEVE PHILLIPS FDN
EIN:
85-0335071
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
451 SHS AON PLC A 2023-08 Purchased 2023-11   140,983 143,676     -2,693  
57 SHS AUTOZONE INC 2023-08 Purchased 2023-11   141,330 141,533     -203  
4290 SHS BLOCK H&R INCORP 2023-08 Purchased 2023-11   177,094 143,173     33,921  
1564 SHS CARDINAL HEALTH INC 2023-08 Purchased 2023-11   143,624 143,319     305  
951 SHS JM SMUCKER CO 2023-08 Purchased 2023-11   108,375 143,243     -34,868  
4290 SHS NTNL STORAGE AFF 2023-08 Purchased 2023-11   120,764 143,331     -22,567  
153 SHS O REILLY AUTOMOTIVE 2023-08 Purchased 2023-11   142,785 142,560     225  
392 SHS PAYCOM SOFTWARE INC 2023-08 Purchased 2023-11   60,759 143,362     -82,603  
130 SHS QUALYS INC 2023-05 Purchased 2023-11   19,691 14,643     5,048  
1000 SHS ALPHABET INC A 2016-05 Purchased 2023-11   137,078 35,986     101,092  
2000 SHS APPLE INC 2016-05 Purchased 2023-11   381,147 46,714     334,433  
300 SHS META PLATFORMS INC 2018-07 Purchased 2023-11   101,671 50,402     51,269  
6500 SHS READY CAP CORP 2019-05 Purchased 2023-11   64,804 136,515     -71,711  
12500 SHS SPDR BALCKSTONE SENIOR LOAN ETF 2016-05 Purchased 2023-11   521,394 584,224     -62,830  
1717 SHS AFLAC INC 2023-11 Purchased 2024-02   130,010 134,905     -4,895  
1299 SHS AKAMAI TECHNOLOGIES 2023-11 Purchased 2024-02   160,581 134,986     25,595  
2548 SHS AMERN EQTY INVT LIFE 2023-11 Purchased 2024-02   139,749 135,009     4,740  
2087 SHS LOEWS CORP 2023-11 Purchased 2024-02   149,295 135,113     14,182  
281 SHS NEWMARKET CORPORATION 2023-11 Purchased 2024-02   163,742 135,774     27,968  
2154 SHS SERVICE CORP INTL 2023-08 Purchased 2024-02   144,252 143,294     958  
11790 SHS WESTERN UNION CO 2023-11 Purchased 2024-02   149,024 135,204     13,820  
547.405 SHS BARON FIFTH AVENUE GROWTH INSTL 2021-02 Purchased 2024-05   24,954 29,802     -4,848  
465 SHS BIO-RAD LABS INC A 2024-02 Purchased 2024-05   126,300 150,322     -24,022  
128 SHS CARLISLE CO 2023-11 Purchased 2024-05   49,523 32,646     16,877  
732 SHS CME GROUP INC A 2024-02 Purchased 2024-05   153,212 149,810     3,402  
2035 SHS CVS HEALTH CORP 2024-02 Purchased 2024-05   112,966 149,970     -37,004  
4672 SHS DROPBOX INC A 2024-02 Purchased 2024-05   108,529 150,059     -41,530  
165 SHS FIRST TRUST INTERNET INDEX CF ETF 2021-02 Purchased 2024-05   32,375 37,709     -5,334  
2313 SHS GENERAL MILLS INC 2024-02 Purchased 2024-05   162,325 149,963     12,362  
900 SHS QUALYS INC 2023-05 Purchased 2024-05   148,326 101,374     46,952  
3195 SHS TERADATA CORP 2024-02 Purchased 2024-05   119,731 150,305     -30,574  
1980 SHS W R BERKLEY CORP 2023-11 Purchased 2024-05   155,200 134,898     20,302  
18500 SHS READY CAP CORP REIT 2019-05 Purchased 2024-05   157,993 377,719     -219,726  
300 SHS ALPHABET INC A 2016-05 Purchased 2024-05   52,707 10,796     41,911  
100 SHS AMAZON.COM INC 2017-07 Purchased 2024-05   18,275 5,263     13,012  
100 SHS META PLATFORMS INC A 2017-07 Purchased 2024-05   46,944 16,549     30,395  
.2961 SHS READY CAPITAL CORPC US 2019-05 Purchased 2023-06   3 6     -3  
2111 SHS BRISTOL-MEYERS SQUIB US 2023-05 Purchased 2023-08   130,870 144,962     -14,092  
290 SHS CREDIT ACCEP CORP M US 2023-05 Purchased 2023-08   159,679 145,870     13,809  
2105 SHS CENTENE CORP (CNC) 2023-05 Purchased 2023-08   143,444 145,364     -1,920  
10976 SHS DANONE ADR 2023-05 Purchased 2023-08   133,788 145,105     -11,317  
1044 SHS QUEST DIAGNOSTICS 2023-05 Purchased 2023-08   141,257 145,247     -3,990  
1569 SHS AMDOCS LTD 2023-05 Purchased 2023-08   147,307 145,227     2,080  
80 SHS ISHARES TRUST ISHARE US 2021-02 Purchased 2023-08   8,027 7,137     890  
180 SHS ISHARES TRUST ISHARE US 2021-07 Purchased 2023-08   18,060 18,020     40  
100 SHS FIRST TRUST DOW JON US 2021-02 Purchased 2023-08   17,150 22,854     -5,704  
197 SHS FAIR ISAAC CORP 2023-05 Purchased 2023-08   163,303 145,064     18,239  
50 SHS FIRST TRUST CAPITAL S US 2021-02 Purchased 2023-08   3,819 3,373     446  
1410 SHS NOVARTIS AG SPONS A US 2023-05 Purchased 2023-08   146,143 144,937     1,206  
261 SHS QUALYS INC 2023-05 Purchased 2023-08   36,114 29,398     6,716  
4163 SHS SPROUTS FARMERS MARKET 2023-05 Purchased 2023-08   163,022 145,281     17,741  
CROSS STATE FINANCIAL 2024-01   2024-01   5,186 0     5,186  

TY 2023 InvestmentsCorpStockSchedule
Name:
THE WAITE & GENEVIEVE PHILLIPS FDN
EIN:
85-0335071
Name of Stock End of Year Book Value End of Year Fair Market Value
2600 SHS AMAZON.COM INC 200,491 458,744
1000 SHS BERKSHIRE HATHAWAY INC 202,814 414,400
1125 SHS ALIBABA GROUP HLDG LTD 89,460 88,133
1400 SHS JOHNSON & JOHNSON 85,698 205,338
1900 SHS PROCTOR & GAMBLE 102,670 312,626
1900 SHS WASTE MANAGEMENT 72,710 400,387
2700 SHS ALPHABET INC 97,161 465,750
20250 UNITS FS KKR CAPITAL CORP 453,074 415,125
1100 SHS META PLATFORMS INC 183,802 513,513
13491 SHS BARINGS BDC INC 244,269 135,585
2500 SHS EXXON MOBIL 183,437 293,150
2600 SHS PAYPAL HOLDINGS INC 152,935 163,774
2650 SHS PHILLIPS 66 COM 65,459 376,592
4000 SHS COCA COLA 115,166 251,720
2300 SHS APPLE INC COM 47,204 442,175
6600 SHS AT&T 135,473 120,252
2950 SHS ADTALEM GLOBAL EDUCATION 147,796 189,951
400 SHS CARLISLE CO 102,020 167,316
7019 SHS CORCEPT THERAPEUTICS 150,777 211,763
5500 SHS COTERRA ENERGY INC 146,926 156,860
1120 SHS GENERAC HOLDINGS INC 144,187 164,875
2750 SHS GREEN BRICK PARTNERS 148,904 150,150
3650 SHS HUB GROUP INC 148,333 157,498
220 SHS KLA CORP 147,037 167,097
1400 SHS MATSON INC 148,828 179,480
6850 SHS PEABODY ENERGY CORPORATION 148,480 169,743

TY 2023 InvestmentsOtherSchedule2
Name:
THE WAITE & GENEVIEVE PHILLIPS FDN
EIN:
85-0335071
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
12000 UNITS HEALTHCARE TRUST INC   209,850 154,379
30000 UNITS LODGING OPPORTUNITY FUND   275,907 266,508
30000 UNITS SILAS FKA CARTER VALIDUS MISSION CRITICAL REIT INC   56,137 84,387
2000 UNITS ARK ETF TR INNOVATION ETF   151,487 84,900
900 UNITS FIRST TR EXCHANGE TRADED FD VI TCW OPPORTUNIS ETF   48,090 38,529
1234 UNITS FIRST TRUST EXCHANGE TRADED FU CAP STRENGTH ETF   88,151 103,150
235 UNITS FIRST TRUST EXCHANGE TRADED FU DJ INTERNT IDX ETF   55,276 45,520
3000 UNITS FIRST TRUST EXCHANGE TRADED FU PFD SECS INC ETF   61,180 51,750
4250 UNITS INVESCO EXCHANGE TRADED FUND T PFD ETF   62,259 49,130
900 UNITS ISHARES TRUST US MED DVC ETF   50,221 49,977
640 UNITS ISHARES TRUST ESG AWARE MSCI USA ETF   64,070 73,933
700 UNITS SPDR INDEX SHARES FUNDS ASIA PACIF ETF   96,425 76,279
1160 UNITS SPDR SERIES TRUST PORTFOLIO SHORT ETF   36,381 34,440
1769.902 UNITS AMERICAN FUNDS AMERICAN MUTUAL F1   85,048 95,079
1230.01 UNITS AMERICAN FUNDS NEW PERSPECTIVE F1   77,357 74,465
2094.034 UNITS AMG FUNDS TIMESSQUARE MID CAP GROWTH N   38,776 33,630
1701.201 UNITS BARON CAPITAL GROUP FIFTH AVENUE GROWTH INST   93,958 80,144
9403.885 UNITS DESTRA FLAHERTY/CRUMRINE PREF & INC I   173,929 152,531
3924.272 UNITS JPMORGAN FUNDS US EQTY I   78,820 93,319
5058.048 UNITS PROFESSIONALLY MGD PORT OSTERWEIS STRATEGIC INC FD   57,664 56,296
947.344 UNITS WASATCH FUNDS ULTRA GROWTH INVETOR   47,677 30,012
1871 UNITS FIRST TR EXCHANGE TRADED FD VI RISNG DIVD ACHIV ETF   82,848 103,373
1704 UNITS FIRST TST VALUE LI SHS ETF   69,055 71,193
1119 UNITS ISHARES TRUST US INFRASTRUC ETF   41,470 49,549
480 SHS FIRST TRUST HEALTH CARE   49,781 50,443
1600 SHS FIRST TRUST NSD LX DGL   25,602 25,083
1190 SHS FT NASDAQ ARTIFIC   49,692 50,492
565 SHS SPDR S&P HEALTH CARE   49,808 51,991
20000 SHS READY CAP CORP   408,344 166,000
100000 SHS US TREASURY   98,669 99,956
100000 SHS US TREASURY   98,800 99,854
100000 SHS US TREASURY   98,295 99,781
100000 SHS US TREASURY   98,676 99,751
100000 SHS US TREASURY   98,691 99,444
100000 SHS US TREASURY   99,069 99,344
100000 SHS US TREASURY   98,688 99,239
100000 SHS US TREASURY   98,867 99,139

TY 2023 LandEtcSchedule2
Name:
THE WAITE & GENEVIEVE PHILLIPS FDN
EIN:
85-0335071
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
OFFICE BUILDING SITE 55,370 0 55,370  
OFFICE BUILDING 265,944 262,017 3,927  
OFFICE FURNITURE & EQUIPMENT 14,671 14,561 110  


TY 2023 LegalFeesSchedule
Name:
THE WAITE & GENEVIEVE PHILLIPS FDN
EIN:
85-0335071
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
THE POWELL FIRM LLC LEGAL FEES 0 0   0


TY 2023 OtherAssetsSchedule
Name:
THE WAITE & GENEVIEVE PHILLIPS FDN
EIN:
85-0335071
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
STATE PAYROLL TAX BOND 3,111 3,111 3,111


TY 2023 OtherExpensesSchedule
Name:
THE WAITE & GENEVIEVE PHILLIPS FDN
EIN:
85-0335071
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
WEBSITE DESIGN FEES        
DIRECTORS AND OFFICERS LIAB INS 5,579     5,579
OFFICE SUPPLIES 52     52
WORKERS COMP PREMIUM 630     630
POSTAGE & BOX RENT 896     896
BANK CHARGES        
BROKERS FEES 64,881 64,881    
DUES & SUBSCRIPTIONS 793     793
MISCELLANEOUS EXPENSES 526     526
GIFTS 400     400
PENALTIES & FEES 84     84
INTEREST FEES        
ANNUAL MEETING EXPENSE        


TY 2023 OtherIncomeSchedule2
Name:
THE WAITE & GENEVIEVE PHILLIPS FDN
EIN:
85-0335071
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
REIMBURSEMENT      
STOCK SETTLEMENT      
MISC INCOME      
ROUNDING      


TY 2023 OtherIncreasesSchedule
Name:
THE WAITE & GENEVIEVE PHILLIPS FDN
EIN:
85-0335071
Description Amount
ROUNDING 3


TY 2023 OtherLiabilitiesSchedule
Name:
THE WAITE & GENEVIEVE PHILLIPS FDN
EIN:
85-0335071
Description Beginning of Year - Book Value End of Year - Book Value
ROUNDING 1 3
EXCISE TAXES PAYABLE   1,757


TY 2023 TaxesSchedule
Name:
THE WAITE & GENEVIEVE PHILLIPS FDN
EIN:
85-0335071
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX FOR THE YEAR ENDED MAY 31, 2024 5,617      
PAYROLL EXPENSES 10,641     10,641
FOREIGN TAX        
EXCISE TAXES FROM PRIOR YEARS 11,084