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 07-01-2023 , and ending 06-30-2024
Name of foundation
F ALBERT KLEIN TRUST UNDER WILL
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

42-0859994
B Telephone number (see instructions)

(319) 753-8764
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$15,352,505J 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) 88,722
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 502,089 496,406  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 456,123
b Gross sales price for all assets on line 6a 3,323,123
7 Capital gain net income (from Part IV, line 2)... 456,123
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).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
867 161  
12 Total. Add lines 1 through 11........ 1,047,801 952,690  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 104,311 93,880   10,431
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
1,500 0 0 1,500
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,500 0 0 1,500
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
17,411 7,808   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
20     20
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 124,742 101,688 0 13,451
25 Contributions, gifts, grants paid....... 640,427 640,427
26 Total expenses and disbursements. Add lines 24 and 25 765,169 101,688 0 653,878
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 282,632
b Net investment income (if negative, enter -0-) 851,002
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.............      
2 Savings and temporary cash investments......... 122,548 180,562 180,562
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,276,292 Click to see attachment
List of Attached Documents:
// Content
3,581,311 		5,483,408
c Investments—corporate bonds (attach schedule)....... 639,238 Click to see attachment
List of Attached Documents:
// Content
629,038 		651,418
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).......... 8,410,217 Click to see attachment
List of Attached Documents:
// Content
8,339,987 		9,037,117
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,448,295 12,730,898 15,352,505
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
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........ 12,448,295 12,730,898
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)..... 12,448,295 12,730,898
30 Total liabilities and net assets/fund balances (see instructions). 12,448,295 12,730,898
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
12,448,295
2
Enter amount from Part I, line 27a .....................
2
282,632
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
342
4
Add lines 1, 2, and 3 ..........................
4
12,731,269
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
371
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
12,730,898
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 1792.116 ANGEL OAK MULTI STRATEGY INCOME   2021-02-26 2023-07-05
b 500. QUADRATIC INTRST RT VOL INFL H ETF   2022-01-25 2023-07-05
c 1379.691 LOOMIS SAYLES STRATEGIC ALPHA N   2022-01-26 2023-07-05
d 2257.337 PRINCIPAL GL R E SEC INS   2019-10-24 2023-07-05
e 650. ATT INC   2023-06-27 2023-08-04
1350. ATT INC   2020-06-23 2023-08-04
50. APPLE COMPUTER INC   2013-09-27 2023-08-04
30. BROADCOM INC   2018-07-12 2023-08-04
5904.583 COHEN STEERS GLOBAL INFRASTRUCTURE I     2023-08-04
300. MAGNA INTL INC-CL A   2022-03-29 2023-08-04
200. MARATHON PETROLEUM CORP   2019-08-23 2023-08-04
150. PRUDENTIAL FINL INC   2020-03-17 2023-08-04
300. SCHWAB CHARLES CORP NEW COM   2022-06-15 2023-08-04
7621.951 TIAA CREF SHORT TERM BD FD ADV     2023-08-04
4250. ATT INC     2023-09-26
3588.518 ANGEL OAK MULTI STRATEGY INCOME   2021-04-27 2023-09-26
3394.374 COHEN STEERS GLOBAL INFRASTRUCTURE I   2022-10-17 2023-09-26
4142.012 DOUBLELINE TOTAL RET BD I   2016-11-10 2023-09-26
125. MARATHON PETROLEUM CORP   2019-08-23 2023-09-26
6632.654 TIAA CREF SHORT TERM BD FD ADV     2023-09-26
75. ALPHABET INC CL A   2019-08-23 2023-10-02
100. APPLE COMPUTER INC   2013-09-27 2023-10-02
350. QUADRATIC INTRST RT VOL INFL H ETF   2022-01-25 2023-10-02
100. MAGNA INTL INC-CL A   2022-03-29 2023-10-02
100. MARATHON PETROLEUM CORP   2019-08-23 2023-10-02
25. MCKESSON HBOC INC COM   2017-01-27 2023-10-02
250. METLIFE INC COM   2018-02-02 2023-10-02
100. ORACLE CORPORATION   2018-06-19 2023-10-02
50. LYONDELLBASELL INDUSTRIES CL A   2019-08-23 2023-10-02
457.318 NEUBERGER BERMAN EMERG MKTS EQ INSTL   2020-01-08 2023-10-03
1257.862 PRINCIPAL GL R E SEC INS   2019-10-24 2023-10-03
3735.926 TIAA CREF SHORT TERM BD FD ADV     2023-10-03
350000. U S TREASURY NT 0.250% 11/15/23   2022-08-18 2023-11-15
500. QUADRATIC INTRST RT VOL INFL H ETF   2022-01-25 2023-11-16
200. ORACLE CORPORATION   2018-06-19 2023-11-16
300. PRUDENTIAL FINL INC   2020-03-17 2023-11-16
2948.114 FEDERATED HERMES INSTL HI YLD BD IS   2014-11-06 2023-11-17
4008.951 NEUBERGER BERMAN EMERG MKTS EQ INSTL   2020-01-08 2023-11-17
8946.678 PRINCIPAL GL R E SEC INS     2023-11-17
12000. ISHARES IBONDS DEC 2023 TERM CP ETF   2022-11-28 2023-12-22
125. CIGNA CORP   2018-03-19 2024-01-05
1300. ISHARES US REGIONAL BANKS ETF   2022-11-08 2024-01-05
250. MARATHON PETROLEUM CORP   2019-08-23 2024-01-05
600. SCHWAB CHARLES CORP NEW COM     2024-01-05
150. ABBVIE INC     2024-02-20
200. CITIGROUP INC   2021-09-15 2024-02-20
2883.507 DOUBLELINE TOTAL RET BD I     2024-02-20
60. FACEBOOK INC A     2024-02-20
250. MARATHON PETROLEUM CORP   2019-08-23 2024-02-20
400. WESTERN DIGITAL CORP COM   2018-08-15 2024-02-20
15. BROADCOM INC   2018-07-12 2024-02-28
50. FACEBOOK INC A   2020-03-25 2024-02-28
200. MARATHON PETROLEUM CORP   2019-08-23 2024-02-28
25. MCKESSON HBOC INC COM   2017-01-27 2024-02-28
125. ABBVIE INC   2019-06-26 2024-04-18
2979.738 ANGEL OAK MULTI STRATEGY INCOME   2021-04-27 2024-04-18
20. BROADCOM INC   2018-07-12 2024-04-18
150. CARDINAL HEALTH INC.   2016-05-27 2024-04-18
40. FACEBOOK INC A   2020-03-25 2024-04-18
20632.831 FEDERATED HERMES INSTL HI YLD BD IS     2024-04-18
1900. QUADRATIC INTRST RT VOL INFL H ETF   2022-01-25 2024-04-18
800. MAGNA INTL INC-CL A   2022-03-29 2024-04-18
225. MARATHON PETROLEUM CORP     2024-04-18
50. MCKESSON HBOC INC COM   2017-01-27 2024-04-18
100. MERCK AND CO INC   2021-05-28 2024-04-18
217.544 PARNASSUS CORE EQUITY FUND   2022-11-17 2024-04-18
400. PAYPAL HOLDINGS INC   2022-07-08 2024-04-18
150. QUALCOMM INC   2021-09-15 2024-04-18
275. VALERO ENERGY CORP   2020-03-17 2024-04-18
1100. WESTERN DIGITAL CORP COM     2024-04-18
25. APPLE COMPUTER INC   2013-09-27 2024-05-17
25. BROADCOM INC   2018-07-12 2024-05-17
750. ISHARES US REGIONAL BANKS ETF   2022-11-08 2024-05-17
600. PAYPAL HOLDINGS INC   2022-07-08 2024-05-17
200. SCHWAB CHARLES CORP NEW COM   2023-04-19 2024-05-17
425. VALERO ENERGY CORP   2020-03-17 2024-05-17
500. WESTERN DIGITAL CORP COM     2024-05-17
2317.497 DOUBLELINE TOTAL RET BD I   2020-08-27 2024-05-20
4898.759 NUVEEN PREFERRED SECS & INC FD CL I     2024-05-20
10. BROADCOM INC   2018-07-12 2024-06-27
6527.416 NUVEEN PREFERRED SECS & INC FD CL I     2024-06-27
1805.055 PGIM SHT DUR HIGH YLD INC CL R6   2015-06-17 2024-06-27
150. QUALCOMM INC   2021-09-15 2024-06-27
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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(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 15,000   18,620 -3,620
b 10,244   13,237 -2,993
c 12,500   14,059 -1,559
d 20,000   24,470 -4,470
e 9,119   10,342 -1,223
18,940   31,173 -12,233
9,265   861 8,404
26,742   6,283 20,459
125,000   124,539 461
18,454   20,000 -1,546
27,876   9,191 18,685
14,662   6,511 8,151
19,649   18,616 1,033
75,000   78,923 -3,923
63,749   93,959 -30,210
30,000   37,285 -7,285
67,752   68,215 -463
35,000   44,568 -9,568
19,082   5,745 13,337
65,000   68,389 -3,389
10,022   4,337 5,685
17,290   1,722 15,568
7,188   9,201 -2,013
5,285   6,667 -1,382
14,945   4,596 10,349
10,925   3,412 7,513
15,387   11,947 3,440
10,617   4,622 5,995
4,663   3,459 1,204
7,500   9,430 -1,930
10,000   13,635 -3,635
36,500   38,060 -1,560
350,000   350,000  
10,350   13,113 -2,763
22,971   9,243 13,728
28,328   13,022 15,306
25,000   29,982 -4,982
67,791   82,665 -14,874
76,584   96,392 -19,808
303,987   300,618 3,369
38,496   20,748 17,748
54,816   65,213 -10,397
38,433   11,489 26,944
40,541   26,804 13,737
26,489   10,753 15,736
11,102   14,115 -3,013
25,000   31,014 -6,014
28,183   9,608 18,575
41,052   11,489 29,563
21,558   25,504 -3,946
19,362   3,142 16,220
24,267   7,779 16,488
33,870   9,191 24,679
12,998   3,412 9,586
20,645   8,482 12,163
25,000   30,959 -5,959
25,312   4,189 21,123
15,933   11,729 4,204
20,071   6,223 13,848
177,442   197,030 -19,588
35,028   50,300 -15,272
37,988   53,332 -15,344
43,895   5,991 37,904
25,957   6,824 19,133
12,501   7,243 5,258
12,500   10,403 2,097
24,850   29,409 -4,559
24,181   20,728 3,453
44,513   11,254 33,259
75,564   59,713 15,851
4,750   430 4,320
34,801   5,236 29,565
32,551   37,623 -5,072
38,637   44,114 -5,477
15,805   11,121 4,684
70,468   17,392 53,076
36,067   22,017 14,050
20,000   24,890 -4,890
75,000   86,259 -11,259
15,762   2,094 13,668
100,000   112,986 -12,986
15,000   16,931 -1,931
29,349   20,728 8,621
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
      79,019
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       -3,620
b       -2,993
c       -1,559
d       -4,470
e       -1,223
      -12,233
      8,404
      20,459
      461
      -1,546
      18,685
      8,151
      1,033
      -3,923
      -30,210
      -7,285
      -463
      -9,568
      13,337
      -3,389
      5,685
      15,568
      -2,013
      -1,382
      10,349
      7,513
      3,440
      5,995
      1,204
      -1,930
      -3,635
      -1,560
       
      -2,763
      13,728
      15,306
      -4,982
      -14,874
      -19,808
      3,369
      17,748
      -10,397
      26,944
      13,737
      15,736
      -3,013
      -6,014
      18,575
      29,563
      -3,946
      16,220
      16,488
      24,679
      9,586
      12,163
      -5,959
      21,123
      4,204
      13,848
      -19,588
      -15,272
      -15,344
      37,904
      19,133
      5,258
      2,097
      -4,559
      3,453
      33,259
      15,851
      4,320
      29,565
      -5,072
      -5,477
      4,684
      53,076
      14,050
      -4,890
      -11,259
      13,668
      -12,986
      -1,931
      8,621
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 456,123
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 11,829
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 11,829
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 11,829
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 10,800
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 1,029
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 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (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 arrowIA
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 arrowUS Bank NA Telephone no.right arrow (319) 753-8761

Located atright arrow201 JEFFERSONBURLINGTONIA ZIP+4right arrow526015250
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
US BANK N A TRUSTEE
1 		104,311    
PO BOX 0634
MILWAUKEE,WI53201
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
14,224,809
b
Average of monthly cash balances.......................
1b
181,128
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
14,405,937
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
14,405,937
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
216,089
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,189,848
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
709,492
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
709,492
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
11,829
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
11,829
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
697,663
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
697,663
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
697,663
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
653,878
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
0
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
653,878
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 7 697,663
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 640,427
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 0
e From 2022...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 653,878
a Applied to 2022, but not more than line 2a 640,427
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 13,451
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		684,212
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
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).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

GREAT RIVER MEDICAL CENTER
ATTN CORPORATE CONTROLLER
1221 S GEAR AVE
W BURLINGTON,IA526551679 		NONE PC GENERAL OPERATING 640,427
Total .................................right arrow 3a 640,427
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 ........... 		         
4 Dividends and interest from securities ....     14 502,089  
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 ............ 		    18 456,123  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    1 161  
bFEDERAL TAX REFUND     1 696  
cLOCAL COUNTY REFUN     1 10  
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   959,079  
13Total. Add line 12, columns (b), (d), and (e)..................
13
959,079
(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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
F ALBERT KLEIN TRUST UNDER WILL
 
Employer identification number

42-0859994
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
F ALBERT KLEIN TRUST UNDER WILL
  		Employer identification number
42-0859994
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Charles Florence Phelps Trust
US Bank Trust Tax Dept
PO Box 2043
Milwaukee, WI532019668

$ 88,722


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
F ALBERT KLEIN TRUST UNDER WILL
  		Employer identification number

42-0859994
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
F ALBERT KLEIN TRUST UNDER WILL
  		Employer identification number

42-0859994
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
F ALBERT KLEIN TRUST UNDER WILL
EIN:
42-0859994
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

TY 2023 InvestmentsCorpBondsSchedule
Name:
F ALBERT KLEIN TRUST UNDER WILL
EIN:
42-0859994
Name of Bond End of Year Book Value End of Year Fair Market Value
91282CAW1 U S TREASURY NT    
91282CCX7 U S TREASURY NT 301,775 316,749
912828YV6 U S TREASURY NT 327,263 334,669

TY 2023 InvestmentsCorpStockSchedule
Name:
F ALBERT KLEIN TRUST UNDER WILL
EIN:
42-0859994
Name of Stock End of Year Book Value End of Year Fair Market Value
744320102 PRUDENTIAL FINANCIAL    
N53745100 LYONDELLBASELL INDUS 83,819 153,056
14040H105 CAPITAL ONE FINANCIA 101,453 186,908
14149Y108 CARDINAL HEALTH INC 58,574 83,572
037833100 APPLE INC 13,345 163,231
58155Q103 MCKESSON CORPORATION 23,884 102,207
375558103 GILEAD SCIENCES INC 184,681 188,678
11135F101 BROADCOM INC 44,304 345,189
68389X105 ORACLE CORPORATION    
958102105 WESTERN DIGITAL CORP 75,061 159,117
59156R108 METLIFE INC 80,650 122,833
02079K305 ALPHABET INC CL A 86,999 295,994
00287Y109 ABBVIE INC 82,366 162,944
125523100 CIGNA CORP    
459200101 INTERNATIONAL BUSINE 161,585 216,188
30303M102 FACEBOOK INC A 80,687 302,532
559222401 MAGNA INTL INC CL    
110122108 BRISTOL MYERS SQUIBB 184,080 128,743
172967424 CITIGROUP INC 159,070 196,726
00206R102 ATT INC    
808513105 SCHWAB CHARLES CORP 57,493 88,428
56585A102 MARATHON PETROLEUM C 27,963 229,861
17275R102 CISCO SYSTEMS INC 217,497 218,546
127097103 COTERRA ENERGY INC 192,842 293,370
91913Y100 VALERO ENERGY CORP 103,875 188,112
15135B101 CENTENE CORP COM 168,586 179,010
031162100 AMGEN INC 131,634 156,225
747525103 QUALCOMM INC 177,860 278,852
92556V106 VIATRIS INC 202,430 143,505
58933Y105 MERCK AND CO INC 36,213 61,900
717081103 PFIZER INC 196,810 158,087
126650100 CVS HEALTH CORPORATI 63,671 50,201
70450Y103 PAYPAL HOLDINGS INC 29,409 23,212
89832Q109 TRUIST FINL CORP 158,518 200,078
278642103 E BAY INC 94,134 107,440
780259305 SHELL PLC SPON A D R 131,545 133,533
806857108 SCHLUMBERGER LTD 170,273 165,130

TY 2023 InvestmentsOtherSchedule2
Name:
F ALBERT KLEIN TRUST UNDER WILL
EIN:
42-0859994
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
87245P684 TIAA CREF CORE PLUS AT COST 425,781 384,489
378690820 GLENMEDE SMALL CAP E AT COST 105,167 134,539
87245P650 TIAA CREF SHORT TERM AT COST 165,848 166,523
025076845 AMERICAN CENTURY SMA AT COST 300,000 441,263
641224415 NEUBERGER BERMAN EME      
922908512 VANGUARD MID CAP VAL AT COST 72,723 135,387
74254V273 PRINCIPAL GL R E SEC      
46138E743 INVESCO FTSE RAFI DE AT COST 84,342 109,530
63873P817 LOOMIS SAYLES STRATE AT COST 71,873 67,546
03463K406 ANGEL OAK MULTI STRA AT COST 366,302 313,563
36381Y108 MONDRIAN INTERNATION AT COST 450,000 494,234
500767736 QUADRATIC INTRST RT      
277923728 EATON VANCE GLOBAL M AT COST 191,706 184,749
74440B884 PGIM TOTAL RETURN BO AT COST 326,786 274,380
670700400 NUVEEN PREFERRED SEC AT COST 657,842 604,868
258620103 DOUBLELINE TOTAL RET AT COST 333,491 277,698
77956H849 T ROWE PRICE INTL VA AT COST 32,934 37,657
74442J406 PGIM SHT DUR HIGH YL AT COST 203,395 181,629
464288448 ISHARES INTERNATIONA AT COST 407,923 387,380
06828M876 BARON EMERGING MARKE AT COST 349,830 461,931
14949P208 CAUSEWAY INTERNATL V AT COST 93,528 116,464
641233200 NEUBERGER BERMAN GEN AT COST 276,435 404,767
701769408 PARNASSUS CORE EQUIT AT COST 89,012 149,615
77957Y106 T ROWE PRICE MID CAP AT COST 522,402 612,736
149498107 CAUSEWAY EMERGING MA AT COST 530,349 603,869
779556109 T ROWE PRICE MID CAP AT COST 128,253 270,873
31420B300 FEDERATED HERMES INS      
19248B404 COHEN STEERS GLOBAL      
464287432 ISHARES 20 YEAR TREA AT COST 290,228 275,340
464288778 ISHARES US REGIONAL AT COST 72,646 72,555
46434VAX8 ISHARES IBONDS DEC 2      
46434VBG4 ISHARES IBONDS DEC 2 AT COST 406,282 417,158
861728400 STONE RIDGE HY REINS AT COST 267,500 270,219
90386K720 SALIENT MLP ENERGY I AT COST 260,000 323,862
025076878 AMERICAN CENTURY REA AT COST 65,000 69,952
04314H568 ARTISAN HIGH INCOME AT COST 175,000 176,784
22544R305 CREDIT SUISSE COMMOD AT COST 82,500 79,162
46434VBD1 ISHARES IBONDS DEC 2 AT COST 470,980 472,340
808524870 SCHWAB U S TIPS ETF AT COST 62,286 62,412
CASH CASH AT COST 1,643 1,643

TY 2023 LegalFeesSchedule
Name:
F ALBERT KLEIN TRUST UNDER WILL
EIN:
42-0859994
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES - INCOME (ALLOCABLE 1,500     1,500


TY 2023 OtherDecreasesSchedule
Name:
F ALBERT KLEIN TRUST UNDER WILL
EIN:
42-0859994
Description Amount
ROC ON CY SALES 314
COST BASIS ADJUSTMENT 57


TY 2023 OtherExpensesSchedule
Name:
F ALBERT KLEIN TRUST UNDER WILL
EIN:
42-0859994
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER MISC EXPENSES 20 0   20


TY 2023 OtherIncomeSchedule2
Name:
F ALBERT KLEIN TRUST UNDER WILL
EIN:
42-0859994
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 161 161  
FEDERAL TAX REFUND 696 0  
LOCAL COUNTY REFUND 10 0  


TY 2023 OtherIncreasesSchedule
Name:
F ALBERT KLEIN TRUST UNDER WILL
EIN:
42-0859994
Description Amount
PY PURCHASE OF ACCRUED INTEREST 342


TY 2023 TaxesSchedule
Name:
F ALBERT KLEIN TRUST UNDER WILL
EIN:
42-0859994
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 5,350 5,350   0
FEDERAL ESTIMATES - PRINCIPAL 9,603 0   0
FOREIGN TAXES ON NONQUALIFIED 2,458 2,458   0