Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE HUGH KAUL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 11647
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM, AL35202
A Employer identification number

63-6158725
B Telephone number (see instructions)

(205) 820-3141
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$73,110,597J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 866,365 860,610  
5a Gross rents............ 33,943 33,943  
b Net rental income or (loss) 4,488
6a Net gain or (loss) from sale of assets not on line 10 3,928,947
b Gross sales price for all assets on line 6a 11,097,660
7 Capital gain net income (from Part IV, line 2)... 3,928,947
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
-158,350 -161,921  
12 Total. Add lines 1 through 11........ 4,670,905 4,661,579  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 252,320 201,856   50,464
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
23,297 0 0 23,297
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,500 0 0 2,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
7,299 7,299   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
16,394 16,148   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
74,460 29,460   45,000
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 376,270 254,763 0 121,261
25 Contributions, gifts, grants paid....... 2,528,850 2,528,850
26 Total expenses and disbursements. Add lines 24 and 25 2,905,120 254,763 0 2,650,111
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,765,785
b Net investment income (if negative, enter -0-) 4,406,816
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......... 380,244 467,638 467,638
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow4,171,266
Less: accumulated depreciation (attach schedule) right arrow   3,464,582 4,171,266 11,675,599
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 41,822,178 Click to see attachment
List of Attached Documents:
// Content
44,289,743 		60,967,360
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
328,737 		   
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 45,995,741 48,928,647 73,110,597
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........ 45,995,741 48,928,647
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)..... 45,995,741 48,928,647
30 Total liabilities and net assets/fund balances (see instructions). 45,995,741 48,928,647
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
45,995,741
2
Enter amount from Part I, line 27a .....................
2
1,765,785
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,167,121
4
Add lines 1, 2, and 3 ..........................
4
48,928,647
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
48,928,647
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 282. GENERAL ELEC CO   2022-06-08 2023-01-10
b .3333 GE HEALTHCARE TECHNOLOGY   2022-06-08 2023-01-12
c 1433. BRISTOL MYERS SQUIBB CO   2020-12-11 2023-01-20
d 1032. CONOCOPHILLIPS   2021-01-20 2023-01-20
e 390. DOMINION ENERGY INC   2022-01-25 2023-01-20
1820. DOMINION ENERGY INC   2020-12-11 2023-01-20
156. HERSHEY CO   2020-12-11 2023-01-20
613. MERCK & CO INC   2022-02-07 2023-01-20
89. MERCK & CO INC   2021-08-20 2023-01-20
523. MONDELEZ INTL INC   2022-01-25 2023-01-20
650. PROCTER & GAMBLE CO   2017-05-26 2023-01-20
319. TJX COMPANIES INC   2021-08-20 2023-01-20
2475. US BANCORP DEL   2021-11-12 2023-01-20
207. GE HEALTHCARE TECHNOLOGY   2022-06-08 2023-01-23
310. GE HEALTHCARE TECHNOLOGY   2022-06-10 2023-01-24
707. GENERAL ELEC CO   2022-06-07 2023-01-24
44. GE HEALTHCARE TECHNOLOGY   2022-06-10 2023-01-25
382. GENERAL ELEC CO   2022-06-09 2023-01-25
330. GE HEALTHCARE TECHNOLOGY   2022-06-24 2023-01-27
28. TRANSDIGM GROUP INC   2020-06-23 2023-02-28
190. GENERAL ELEC CO   2022-06-10 2023-03-13
28. TRANSDIGM GROUP INC   2020-06-23 2023-03-13
100. APPLIED MATLS INC   2021-06-17 2023-03-14
22. LAM RESEARCH CORP   2021-07-20 2023-03-14
38. VISA INC   2020-03-24 2023-03-14
75. MICROSOFT CORP COM   2022-08-23 2023-03-16
81. MICROSOFT CORP COM   2022-08-23 2023-04-17
108. SALESFORCE COM INC   2021-03-05 2023-04-19
195. ABBOTT LABS   2022-10-06 2023-04-20
66. AIR PRODS & CHEMS INC   2022-01-25 2023-04-20
299. ALLIANT ENERGY CORP   2020-12-11 2023-04-20
377. ALPHABET INC   2022-11-15 2023-04-20
168. ALPHABET INC   2017-07-21 2023-04-20
297. AMAZON COM INC   2022-11-22 2023-04-20
332. AMAZON COM INC   2021-03-08 2023-04-20
67. ANTHEM INC   2022-08-31 2023-04-20
261. APPLIED MATLS INC   2021-07-15 2023-04-20
549. ARES MGMT CORP   2023-03-02 2023-04-20
359. BALL CORP   2022-10-06 2023-04-20
24. BLACKROCK INC   2011-12-21 2023-04-20
106. CBRE GROUP INC   2022-07-07 2023-04-20
102. CME GROUP INC   2023-01-20 2023-04-20
118. CVS HEALTH CORP   2019-08-29 2023-04-20
883. CARLYLE GROUP INC   2022-11-15 2023-04-20
749. CARLYLE GROUP INC   2020-02-24 2023-04-20
209. CHEVRON CORP   2015-01-30 2023-04-20
393. COCA-COLA CO/THE   2020-12-11 2023-04-20
198. COMCAST CORP NEW   2023-01-20 2023-04-20
79. COMCAST CORP NEW   2021-12-07 2023-04-20
37. CONOCOPHILLIPS   2021-01-20 2023-04-20
670. COSTAR GROUP INC   2021-04-28 2023-04-20
87. CROWN CASTLE INTL CORP NEW   2021-12-07 2023-04-20
527. EXELON CORP   2022-02-07 2023-04-20
259. EXXON MOBIL CORP   2011-12-21 2023-04-20
167. FIDELITY NATL INFORMATION SVCS INC   2022-10-20 2023-04-20
105. GALLAGHER ARTHUR J & CO   2011-12-21 2023-04-20
48. GENERAL DYNAMICS CORP   2019-08-29 2023-04-20
291. GENERAL ELEC CO   2022-06-24 2023-04-20
136. GENUINE PARTS CO   2022-05-18 2023-04-20
7821.666 HARDING LOEVNER FDS INC   2021-11-16 2023-04-20
238. HEICO CORP NEW   2020-10-05 2023-04-20
58. HERSHEY CO   2020-05-15 2023-04-20
59. HOME DEPOT INC   2018-01-23 2023-04-20
75. HONEYWELL INTL INC   2020-11-17 2023-04-20
54. HUBBELL INC   2020-03-16 2023-04-20
316. INTERCONTINENTAL HOTELS GROUP PLC NEW   2023-03-09 2023-04-20
155. JPMORGAN CHASE & CO   2020-09-15 2023-04-20
163. JOHNSON & JOHNSON   2022-01-25 2023-04-20
149.00005 JONES LANG LASALLE INC   2022-08-29 2023-04-20
113.99995 JONES LANG LASALLE INC   2022-06-29 2023-04-20
899. KKR & CO INC   2018-06-28 2023-04-20
69. LAM RESEARCH CORP   2021-07-20 2023-04-20
39. LILLY ELI & CO   2014-03-18 2023-04-20
11806.375 MFS SER TR XIII   2021-12-09 2023-04-20
113. MASTERCARD INC   2013-06-13 2023-04-20
59. MCDONALDS CORP   2022-10-20 2023-04-20
206. MERCK & CO INC   2022-01-25 2023-04-20
247. METLIFE INC COM   2017-03-27 2023-04-20
175. MICROSOFT CORP COM   2023-01-10 2023-04-20
54. MICROSOFT CORP COM   2018-12-11 2023-04-20
144. MICROSOFT CORP COM   2023-01-23 2023-04-20
226. MONDELEZ INTL INC   2022-01-25 2023-04-20
210. NEXTERA ENERGY INC   2022-01-25 2023-04-20
152. NICE SYS LTD SPONSORED ADR   2023-03-10 2023-04-20
106. PNC BANK CORP   2023-01-20 2023-04-20
43. PACKAGING CORP AMER   2021-08-20 2023-04-20
319. QORVO INC   2021-10-27 2023-04-20
73. QUALCOMM INC   2015-12-18 2023-04-20
281. SALESFORCE COM INC   2021-03-05 2023-04-20
505. SKYWORKS SOLUTIONS INC   2021-11-05 2023-04-20
45. STRYKER CORP   2022-05-18 2023-04-20
247. TJX COMPANIES INC   2021-01-20 2023-04-20
72. TEXAS INSTRS INC   2019-04-02 2023-04-20
89. TRANSDIGM GROUP INC   2020-08-04 2023-04-20
245. TRUIST FINL CORP   2021-01-20 2023-04-20
89. UNITED PARCEL SVC INC   2023-03-01 2023-04-20
39. UNITEDHEALTH GROUP INC   2022-05-18 2023-04-20
270. VERIZON COMMUNICATIONS COM   2020-01-10 2023-04-20
192. VISA INC   2020-03-24 2023-04-20
169. WALMART STORES INC COM   2020-12-11 2023-04-20
114. WASTE MGMT INC DEL COM   2020-04-03 2023-04-20
239. XCEL ENERGY INC   2023-01-20 2023-04-20
93. EVEREST RE GROUP LTD   2021-12-07 2023-04-20
75. CHUBB LIMITED COM   2015-10-08 2023-04-20
2384.927 VANGUARD FENWAY FDS   2023-01-20 2023-04-21
422. CHEVRON CORP   2020-12-11 2023-05-23
589. COCA-COLA CO/THE   2020-04-03 2023-05-23
102. HUBBELL INC   2020-03-16 2023-05-23
490. METLIFE INC COM   2017-03-27 2023-05-23
2199. TRUIST FINL CORP   2021-01-20 2023-05-23
171. EVEREST RE GROUP LTD   2021-12-07 2023-05-23
186. AMAZON COM INC   2018-11-01 2023-05-31
22. APPLIED MATLS INC   2021-07-15 2023-05-31
37. LAM RESEARCH CORP   2021-07-20 2023-05-31
48. MICROSOFT CORP COM   2018-12-11 2023-05-31
64. APPLIED MATLS INC   2021-07-15 2023-06-01
22. LAM RESEARCH CORP   2021-06-30 2023-06-01
3. LAM RESEARCH CORP   2021-06-30 2023-06-02
23. MICROSOFT CORP COM   2018-12-11 2023-06-02
29. APPLIED MATLS INC   2021-07-15 2023-06-05
7. LAM RESEARCH CORP   2021-06-30 2023-06-05
28. APPLIED MATLS INC   2021-07-15 2023-06-06
5. LAM RESEARCH CORP   2021-06-30 2023-06-06
79. APPLIED MATLS INC   2021-07-16 2023-06-07
8. LAM RESEARCH CORP   2021-07-19 2023-06-07
102. APPLIED MATLS INC   2021-07-16 2023-06-08
18. LAM RESEARCH CORP   2021-07-19 2023-06-08
42. APPLIED MATLS INC   2021-07-16 2023-06-09
127. APPLIED MATLS INC   2021-07-16 2023-06-12
158. GENERAL ELEC CO   2022-06-21 2023-06-13
252. UNITED PARCEL SVC INC   2023-02-28 2023-06-13
122. APPLIED MATLS INC   2021-06-18 2023-07-10
101. COSTAR GROUP INC   2021-07-28 2023-07-10
121. GENERAL ELEC CO   2022-06-21 2023-07-10
28. LAM RESEARCH CORP   2021-07-04 2023-07-10
74. MASTERCARD INC   2013-06-13 2023-07-10
126. MICROSOFT CORP COM   2018-12-11 2023-07-10
16. TRANSDIGM GROUP INC   2020-06-24 2023-07-10
66. APPLIED MATLS INC   2021-06-18 2023-07-11
509. COSTAR GROUP INC   2021-07-28 2023-07-11
62. TRANSDIGM GROUP INC   2020-06-25 2023-07-11
185. COSTAR GROUP INC   2021-03-22 2023-07-12
65. APPLIED MATLS INC   2021-06-18 2023-07-13
51. LAM RESEARCH CORP   2021-10-21 2023-08-01
6. LAM RESEARCH CORP   2021-10-21 2023-08-02
88. BALL CORP   2022-10-06 2023-08-03
146. AMAZON COM INC   2018-11-01 2023-09-13
233. GENERAL ELEC CO   2022-06-22 2023-09-21
290. ALPHABET INC   2017-07-21 2023-10-17
109. ARES MGMT CORP   2022-09-08 2023-10-17
23. ARES MGMT CORP   2022-08-26 2023-10-19
153. ABBOTT LABS   2022-10-07 2023-11-30
376. ALPHABET INC   2017-07-21 2023-11-30
528. AMAZON COM INC   2018-11-06 2023-11-30
144. ANTHEM INC   2022-09-13 2023-11-30
154. APPLIED MATLS INC   2021-06-18 2023-11-30
562. ARES MGMT CORP   2022-08-26 2023-11-30
867. BALL CORP   2022-11-01 2023-11-30
493. CBRE GROUP INC   2022-07-05 2023-11-30
2038. CARLYLE GROUP INC   2022-11-21 2023-11-30
700. COSTAR GROUP INC   2021-03-26 2023-11-30
30.00008 DIAGEO PLC-SPONSORED ADR   2023-08-11 2023-11-30
115.99992 DIAGEO PLC-SPONSORED ADR   2023-08-11 2023-11-30
900.098 FIDELITY L/C GR INDX-INS PRM   2023-06-23 2023-11-30
55418.1 FIDELITY L/C GR INDX-INS PRM   2022-02-25 2023-11-30
313. FISERV INC COM   2023-09-08 2023-11-30
119. GENERAL ELEC CO   2022-06-23 2023-11-30
222. HEICO CORP NEW   2020-09-25 2023-11-30
344. INTERCONTINENTAL HOTELS GROUP PLC NEW   2023-03-14 2023-11-30
500. JONES LANG LASALLE INC   2022-09-01 2023-11-30
1366. KKR & CO INC   2018-10-11 2023-11-30
167. MARRIOTT INTL INC NEW CL A   2023-07-13 2023-11-30
125. MASTERCARD INC   2013-06-13 2023-11-30
239. MICROSOFT CORP COM   2018-12-11 2023-11-30
191. NICE SYS LTD SPONSORED ADR   2023-08-17 2023-11-30
147. NICE SYS LTD SPONSORED ADR   2022-11-15 2023-11-30
616. QORVO INC   2016-09-21 2023-11-30
821. SS&C TECHNOLOGIES HLDGS INC   2023-07-03 2023-11-30
306. SALESFORCE COM INC   2020-06-17 2023-11-30
108. SKYWORKS SOLUTIONS INC   2023-06-14 2023-11-30
391. SKYWORKS SOLUTIONS INC   2021-11-05 2023-11-30
78. TEXAS INSTRS INC   2023-07-10 2023-11-30
82. TRANSDIGM GROUP INC   2020-07-28 2023-11-30
48. UNITEDHEALTH GROUP INC   2023-07-10 2023-11-30
200. VISA INC   2013-06-13 2023-11-30
494. AIR PRODS & CHEMS INC   2022-01-25 2023-12-04
1072. CVS HEALTH CORP   2020-03-16 2023-12-04
910. CISCO SYSTEMS INC   2020-11-17 2023-12-04
135. HUBBELL INC   2020-04-03 2023-12-04
57. LILLY ELI & CO   2014-03-18 2023-12-04
76. AMAZON COM INC   2018-11-06 2023-12-05
47. MICROSOFT CORP COM   2018-12-13 2023-12-05
10. SALESFORCE COM INC   2020-06-15 2023-12-05
39. VISA INC   2013-06-13 2023-12-05
15. MICROSOFT CORP COM   2018-12-13 2023-12-07
772. 100.00 % INTEREST IN COOSA COUNTY, AL   2020-01-01 2023-12-19
1. 100.00 % INTEREST IN CLAY COUNTY, AL   2020-01-01 2023-12-19
1. 100.00 % INTEREST IN COOSA COUNTY, AL   2020-01-01 2023-12-22
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CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 20,721   16,805 3,916
b 20   18 2
c 105,125   77,889 27,236
d 125,172   56,171 69,001
e 24,169   30,282 -6,113
112,788   116,248 -3,460
33,426   21,116 12,310
67,156   47,803 19,353
9,750   7,012 2,738
33,410   34,841 -1,431
92,085   56,634 35,451
25,303   22,999 2,304
113,657   78,770 34,887
14,389   11,073 3,316
21,708   16,277 5,431
56,657   41,940 14,717
3,055   2,183 872
30,710   22,442 8,268
22,981   14,909 8,072
20,866   12,832 8,034
16,901   10,736 6,165
19,676   12,832 6,844
12,042   13,729 -1,687
10,871   13,221 -2,350
8,326   5,785 2,541
20,647   20,770 -123
23,297   22,431 866
21,254   22,791 -1,537
21,594   19,937 1,657
19,247   18,257 990
16,406   8,142 8,264
39,994   38,926 1,068
17,822   8,150 9,672
30,826   27,340 3,486
34,459   40,687 -6,228
30,243   32,755 -2,512
30,190   35,560 -5,370
47,466   43,231 4,235
18,592   18,117 475
16,705   4,162 12,543
7,627   7,990 -363
19,375   17,853 1,522
8,644   7,087 1,557
26,806   26,350 456
22,738   22,922 -184
35,399   21,439 13,960
25,038   19,836 5,202
7,459   7,754 -295
2,976   3,884 -908
3,817   1,693 2,124
46,529   57,817 -11,288
11,065   16,476 -5,411
22,556   23,062 -506
29,739   21,279 8,460
9,386   12,801 -3,415
21,709   3,471 18,238
10,896   9,065 1,831
29,131   15,424 13,707
22,891   17,874 5,017
200,000   232,164 -32,164
32,336   21,471 10,865
15,054   7,642 7,412
17,620   12,096 5,524
14,723   11,330 3,393
12,467   5,964 6,503
22,241   21,706 535
21,860   13,446 8,414
26,516   26,934 -418
20,213   26,200 -5,987
15,465   20,202 -4,737
47,660   22,059 25,601
36,553   41,466 -4,913
14,610   2,321 12,289
200,000   237,173 -37,173
42,347   6,377 35,970
17,125   14,771 2,354
23,419   14,967 8,452
15,015   11,399 3,616
50,242   42,868 7,374
15,503   5,918 9,585
41,223   35,189 6,034
16,001   15,056 945
16,431   16,268 163
31,959   31,432 527
13,357   16,342 -2,985
6,149   6,347 -198
29,830   49,417 -19,587
8,623   3,486 5,137
55,772   51,610 4,162
55,406   86,713 -31,307
13,533   10,571 2,962
19,442   16,972 2,470
12,713   7,866 4,847
67,854   39,684 28,170
8,269   12,614 -4,345
17,418   16,265 1,153
18,989   18,607 382
10,001   15,984 -5,983
44,938   17,640 27,298
25,482   23,304 2,178
18,879   10,203 8,676
16,814   16,360 454
34,756   25,279 9,477
15,265   7,907 7,358
200,000   204,460 -4,460
66,418   38,644 27,774
36,175   25,695 10,480
28,154   11,266 16,888
25,435   22,613 2,822
68,793   75,606 -6,813
62,083   46,480 15,603
22,381   15,351 7,030
2,935   2,966 -31
23,046   21,892 1,154
16,069   5,260 10,809
8,611   8,629 -18
13,677   12,965 712
1,849   1,768 81
7,698   2,520 5,178
3,883   3,910 -27
4,239   4,125 114
3,774   3,775 -1
3,057   2,947 110
10,744   10,604 140
4,932   4,704 228
13,898   13,689 209
11,062   10,505 557
5,769   5,636 133
17,604   16,962 642
16,855   8,062 8,793
43,297   45,977 -2,680
17,228   16,201 1,027
8,889   8,646 243
13,351   6,157 7,194
17,539   16,085 1,454
28,997   4,176 24,821
41,676   13,808 27,868
14,104   7,040 7,064
9,006   8,765 241
44,809   42,004 2,805
54,987   27,223 27,764
16,378   15,231 1,147
9,225   8,632 593
36,537   28,038 8,499
4,111   3,283 828
5,198   4,430 768
21,040   12,050 8,990
26,414   11,663 14,751
40,469   14,069 26,400
11,936   8,218 3,718
2,484   1,705 779
15,952   15,625 327
50,342   18,242 32,100
77,119   43,564 33,555
69,042   70,016 -974
23,061   20,451 2,610
63,067   41,271 21,796
47,910   43,384 4,526
38,912   36,023 2,889
69,801   59,811 9,990
58,107   57,119 988
4,216   5,169 -953
16,303   19,988 -3,685
25,572   23,619 1,953
1,574,428   1,434,775 139,653
40,871   38,034 2,837
14,491   5,930 8,561
30,498   19,772 10,726
27,011   23,202 3,809
77,744   86,809 -9,065
103,556   33,383 70,173
33,846   31,881 1,965
51,725   7,054 44,671
90,552   26,191 64,361
36,236   38,311 -2,075
27,889   28,814 -925
59,425   33,624 25,801
46,164   49,492 -3,328
77,072   55,091 21,981
10,465   11,816 -1,351
37,888   34,401 3,487
11,909   13,996 -2,087
78,952   35,570 43,382
26,541   22,201 4,340
51,330   8,987 42,343
133,301   116,864 16,437
72,755   60,404 12,351
43,531   39,660 3,871
40,888   14,827 26,061
33,253   3,393 29,860
11,139   6,190 4,949
17,457   5,149 12,308
2,503   1,784 719
9,882   1,752 8,130
5,553   1,633 3,920
1,700,000   493,815 1,206,185
574,850   315,910 258,940
111,839   1 111,838
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
      944,104
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       3,916
b       2
c       27,236
d       69,001
e       -6,113
      -3,460
      12,310
      19,353
      2,738
      -1,431
      35,451
      2,304
      34,887
      3,316
      5,431
      14,717
      872
      8,268
      8,072
      8,034
      6,165
      6,844
      -1,687
      -2,350
      2,541
      -123
      866
      -1,537
      1,657
      990
      8,264
      1,068
      9,672
      3,486
      -6,228
      -2,512
      -5,370
      4,235
      475
      12,543
      -363
      1,522
      1,557
      456
      -184
      13,960
      5,202
      -295
      -908
      2,124
      -11,288
      -5,411
      -506
      8,460
      -3,415
      18,238
      1,831
      13,707
      5,017
      -32,164
      10,865
      7,412
      5,524
      3,393
      6,503
      535
      8,414
      -418
      -5,987
      -4,737
      25,601
      -4,913
      12,289
      -37,173
      35,970
      2,354
      8,452
      3,616
      7,374
      9,585
      6,034
      945
      163
      527
      -2,985
      -198
      -19,587
      5,137
      4,162
      -31,307
      2,962
      2,470
      4,847
      28,170
      -4,345
      1,153
      382
      -5,983
      27,298
      2,178
      8,676
      454
      9,477
      7,358
      -4,460
      27,774
      10,480
      16,888
      2,822
      -6,813
      15,603
      7,030
      -31
      1,154
      10,809
      -18
      712
      81
      5,178
      -27
      114
      -1
      110
      140
      228
      209
      557
      133
      642
      8,793
      -2,680
      1,027
      243
      7,194
      1,454
      24,821
      27,868
      7,064
      241
      2,805
      27,764
      1,147
      593
      8,499
      828
      768
      8,990
      14,751
      26,400
      3,718
      779
      327
      32,100
      33,555
      -974
      2,610
      21,796
      4,526
      2,889
      9,990
      988
      -953
      -3,685
      1,953
      139,653
      2,837
      8,561
      10,726
      3,809
      -9,065
      70,173
      1,965
      44,671
      64,361
      -2,075
      -925
      25,801
      -3,328
      21,981
      -1,351
      3,487
      -2,087
      43,382
      4,340
      42,343
      16,437
      12,351
      3,871
      26,061
      29,860
      4,949
      12,308
      719
      8,130
      3,920
      1,206,185
      258,940
      111,838
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 3,928,947
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 61,255
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 61,255
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 61,255
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 24,518
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 36,838
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 61,356
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 101
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow101 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 arrowAL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowREGIONS BANK TRUST DEPT Telephone no.right arrow (205) 820-3141

Located atright arrow250 RIVERCHASE PARKWAY EASTBIRMINGHAMAL ZIP+4right arrow35244
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
Yes
 
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
 
No
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
MR JOHN J MCMAHON JR DIRECTOR
3 		0    
250 RIVERCHASE PARKWAY EAST
BIRMINGHAM,AL35244
MR DON JAMES DIRECTOR
3 		0    
250 RIVERCHASE PARKWAY EAST
BIRMINGHAM,AL35244
DR NANCY E DUNLAP DIRECTOR
3 		0    
250 RIVERCHASE PARKWAY EAST
BIRMINGHAM,AL35244
MS HILLERY HEAD PERKINS DIRECTOR
3 		0    
250 RIVERCHASE PARKWAY EAST
BIRMINGHAM,AL35244
MR SAMUEL E YATES DIRECTOR
3 		0    
250 RIVERCHASE PARKWAY EAST
BIRMINGHAM,AL35244
MS MAYE HEAD FREI DIRECTOR
3 		0    
250 RIVERCHASE PARKWAY EAST
BIRMINGHAM,AL35244
MS ELIZABETH YATES SCRIBNER DIRECTOR
3 		0    
250 RIVERCHASE PARKWAY EAST
BIRMINGHAM,AL35244
REGIONS BANK TRUST DEPT TRUSTEE
1 		252,320    
250 RIVERCHASE PARKWAY EAST
BIRMINGHAM,AL35244
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
68,003,787
b
Average of monthly cash balances.......................
1b
307,518
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
68,311,305
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
68,311,305
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,024,670
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
67,286,635
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,364,332
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
3,364,332
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
61,255
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
61,255
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,303,077
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,303,077
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
3,303,077
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,650,111
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
2,650,111
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 3,303,077
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,945,754
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$ 2,650,111
a Applied to 2022, but not more than line 2a 1,945,754
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..... 704,357
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 .......... 		2,598,720
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 e-mail address of the person to whom applications should be addressed:
MARCIE BRASWELL
1900 5TH AVENUE NORTH SUITE 2500
BIRMINGHAM,AL35203
(205) 264-7881
bThe form in which applications should be submitted and information and materials they should include:
SEE STATEMENT ATTACHED
cAny submission deadlines:
SEE STATEMENT ATTACHED
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
LIMITED TO CHARITABLE ORGANIZATIONS IN THE GREATER BIRMINGHAM METROPOLITAN AREA OR IN CLAY OR COOSA COUNTIES, AL
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

BIRMINGHAM ZOO

2630 CAHABA RD
BIRMINGHAM,AL35223 		NONE PC GENERAL OPERATING 100,000

ALABAMA SYMPHONY ORCHESTRA

1200 10TH AVE SOUTH
BIRMINGHAM,AL35205 		NONE PC GENERAL OPERATING 100,000

BETTER BASICS

1231 2ND AVE S
BIRMINGHAM,AL35233 		NONE PC GENERAL OPERATING 10,000

CHILDRENS OF ALABAMA

1600 7TH AVE S
BIRMINGHAM,AL35233 		NONE PC GENERAL OPERATING 200,000

CAHABA RIVER SOCIETY

2717 7TH AVE S 205
BIRMINGHAM,AL35233 		NONE PC GENERAL OPERATING 20,000

RED MOUNTAIN THEATRE COMPANY

2900 1ST AVE S A
BIRMINGHAM,AL35233 		NONE PC GENERAL OPERATING 100,000

FREEDOM RAIN INC DBA LOVELADY CENTER

7916 2ND AVE S
BIRMINGHAM,AL35206 		NONE PC GENERAL OPERATING 25,000

EKVN-YEFOLECV

16391 COOSA COUNT RD 29
WEOGUFKA,AL35183 		NONE PC GENERAL OPERATING 574,850

METROPOLITAN SCHOOL ARTS

575 BARCLAY DR
ALEXANDRIA,VA22315 		NONE PC GENERAL OPERATING 25,000

WILD ALABAMA

552 LAWRENCE ST
MOULTON,AL35560 		NONE PC GENERAL OPERATING 10,000

WOODLAWN FOUNDATION INC

5529 1ST AVE S
BIRMINGHAM,AL35212 		NONE PC GENERAL OPERATING 25,000

HOLY FAMILY CRISTO REY
CATHOLIC HIGH SCHOOL
1832 CENTER WAY SOUTH
BIRMINGHAM,AL35205 		NONE PC GENERAL OPERATING 15,000

MITCHELLS PLACE INC

4778 OVERTON RD
BIRMINGHAM,AL352103803 		NONE PC EARLY LEARNING PROGRAMS FOR 10,000

STAIR OF BIRMINGHAM

3703 5TH AVE S STE 400
BIRMINGHAM,AL352222403 		NONE PC GENERAL OPERATING 20,000

DAVID MATHEWS CENTER FOR CIVIC LIFE

3727 HIGHWAY 119
MONTEVALLO,AL35115 		NONE PC GENERAL OPERATING 10,000

YOUTHSERVE

2717 7TH AVE
BIRMINGHAM,AL35233 		NONE PC GENERAL OPERATING 10,000

THE SALVATION ARMY

615 SLATERS LN
ALEXANDRIA,VA22314 		NONE PC GENERAL OPERATING 25,000

GIRLSPRING INC

2101 HIGHLAND AVENUE SOUTH
BIRMINGHAM,AL352054909 		NONE PC GENERAL OPERATING 5,000

OPERA BIRMINGHAM

3601 6TH AVE S
BIRMINGHAM,AL352222407 		NONE PC GENERAL OPERATING 20,000

HIGHLANDS SCHOOL

167 NW HIGHLAND DRIVE
SHORELINE,WA98177 		NONE PC GENERAL OPERATING 50,000

CAHABA RIVERKEEPER

4650 OLD LOONEY MILL RD
BIRMINGHAM,AL352432607 		NONE PC GENERAL OPERATING 4,000

RED MOUNTAIN PARK FOUNDATION

283 LYON LN
BIRMINGHAM,AL35211 		NONE PC GENERAL OPERATING 50,000

COOSA RIVERKEEPER

102 CROFT ST SUITE B
BIRMINGHAM,AL352421823 		NONE PC GENERAL OPERATING 10,000

PRESCHOOL PARTNERS

4447 MONTEVALLO RD
MOUNTAIN BRK,AL352131515 		NONE PC GENERAL OPERATING 20,000

TEACH FOR AMERICA ALABAMA

1914 4TH AVE N STE 200
BIRMINGHAM,AL352033510 		NONE PC GENERAL OPERATING 50,000

ALABAMA SCHOOL OF FINE ARTS FOUNDATION

1800 REVEREND ABRAHAM WOODS JR BLVD
BIRMINGHAM,AL35203 		NONE PC GENERAL OPERATING 20,000

JONES VALLEY TEACHING FARM

701 25TH ST N
BIRMINGHAM,AL35203 		NONE PC GENERAL OPERATING 20,000

MCWANE SCIENCE CENTER

200 19TH ST N
BIRMINGHAM,AL352033117 		NONE PC GENERAL OPERATING 20,000

HELEN KELLER FOUNDATION FOR RESEARCH & E

2208 UNIVERSITY BLVD SUITE 101
BIRMINGHAM,AL35233 		NONE PC GENERAL OPERATING 20,000

BIRMINGHAM-SOUTHERN COLLEGE

900 ARKADELPHIA RD
BIRMINGHAM,AL35254 		NONE PC GENERAL OPERATING 60,000

GIRLS INCORPORATED OF CENTRAL ALABAMA

5201 8TH AVE S
BIRMINGHAM,AL352124102 		NONE PC GENERAL OPERATING 15,000

BIRMINGHAM BOTANICAL SOCIETY

2612 LANE PARK RD
MOUNTAIN BRK,AL352231802 		NONE PC GENERAL OPERATING 10,000

STATE OF ALABAMA BALLET INC

2726 1ST AVE S
BIRMINGHAM,AL352332719 		NONE PC GENERAL OPERATING 30,000

PATHWAYS INC

409 RICHARD ARRINGTON JR BLVD N
BIRMINGHAM,AL352033308 		NONE PC HELP FUND THE DAY CENTER 10,000

CAMP SMILE A MILE

1600 2ND AVE S
BIRMINGHAM,AL352331705 		NONE PC GENERAL OPERATING 10,000

PUBLIC AFFAIRS RESEARCH COUNCIL OF ALABA

800 LAKESHORE DRIVE BH 219
BIRMINGHAM,AL352293931 		NONE PC GENERAL OPERATING 10,000

COLLAT JEWISH FAMILY SERVICES

3940 MONTCLAIR RD STE 205
MOUNTAIN BRK,AL352132416 		NONE PC GENERAL OPERATING 10,000

A PLUS EDUCATION PARTNERSHIP

1 RETAIL DRIVE 3RD FLOOR WEST
MONTGOMERY,AL361103213 		NONE PC GENERAL OPERATING 10,000

OASIS COUNSELING FOR WOMEN AND CHILDREN

1900 14TH AVE S
BIRMINGHAM,AL352054906 		NONE PC GENERAL OPERATING 10,000

KID ONE TRANSPORT SYSTEM INC

PO BOX 11864
BIRMINGHAM,AL352021864 		NONE PC GENERAL OPERATING 5,000

COMMUNITY GRIEF SUPPORT SERVICE

1119 OXMOOR RD
BIRMINGHAM,AL352095319 		NONE PC FOR 2013 PROGRAM 5,000

FIRST LIGHT INC

2230 4TH AVE N
BIRMINGHAM,AL35203 		NONE PC GENERAL OPERATING 20,000

HISPANIC INTEREST COALITION OF ALABAMA

117 S CREST DRIVE
BIRMINGHAM,AL352094750 		NONE PC GENERAL OPERATING 20,000

SIDEWALK FILM CENTER AND CINEMA

PO BOX 590125
BIRMINGHAM,AL352590125 		NONE PC GENERAL OPERATING 20,000

THE BELL CENTER FOR EARLY INTERVENTION P

1700 29TH CT S
BIRMINGHAM,AL352092502 		NONE PC GENERAL OPERATING 15,000

RAILROAD PARK FOUNDATION

1600 1ST AVE S
BIRMINGHAM,AL352331703 		NONE PC GENERAL OPERATING 25,000

CAMP MCDOWELL

105 DELONG ROAD
NAUVOO,AL35578 		NONE PC GENERAL OPERATING 10,000

FRESHWATER LAND TRUST

PO BOX 337
BIRMINGHAM,AL35201 		NONE PC GENERAL OPERATING 25,000

GRACE HOUSE MINISTRIES

PO BOX 1416
WEATHERFORD,TX76086 		NONE PC GENERAL OPERATING 50,000

DESERT ISLAND SUPPLY CO

5500 1ST AVE N
BIRMINGHAM,AL352122406 		NONE PC GENERAL OPERATING 10,000

ALBERT SCHWEITZER FELLOWSHIP OF ALABAMA

1720 2ND AVE S
BIRMINGHAM,AL352331806 		NONE PC GENERAL OPERATING 15,000

CREATE BIRMINGHAM

310 18TH ST N STE 303
BIRMINGHAM,AL352033135 		NONE PC GENERAL OPERATING 10,000

VAX 2 STOP CANCER

PO BOX 530044
BIRMINGHAM,AL352530044 		NONE PC GENERAL OPERATING 10,000

COMMUNITY ON THE RISE

112 14TH ST N
BIRMINGHAM,AL352031736 		NONE PC GENERAL OPERATING 50,000

MAGIC CITY ACCEPTANCE ACADEMY CHARTER SC

75 BAGBY DR
HOMEWOOD,AL352093703 		NONE PC GENERAL OPERATING 15,000

BIRMINGHAM ATHLETIC PARTNERSHIP

1029 22ND ST S
BIRMINGHAM,AL352052811 		NONE PC GENERAL OPERATING 25,000

THE NATURE CONSERVANCY IN ALABAMA

209 20TH ST N 70
BIRMINGHAM,AL35203 		NONE PC GENERAL OPERATING 50,000

SPRING VALLEY SCHOOL

2701 SYDNEY DR
BIRMINGHAM,AL35211 		NONE PC GENERAL OPERATING 10,000

UNIVERSITY OF ALABAMA BIRMINGHAM

1720 2ND AVE
SOUTH BIRMINGHAM,AL35294 		NONE PC GENERAL OPERATING 395,000
Total .................................right arrow 3a 2,528,850
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 ....     14 866,365  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 4,488  
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 3,928,947  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPARTNERSHIP INCOME 		    1 -161,921  
bSCORP INCOME     1 3,571  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   4,641,450  
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,641,450
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 2,500     2,500

TY 2023 InvestmentsOtherSchedule2
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
532457108 LILLY ELI & CO AT COST 14,524 142,232
58933Y105 MERCK & CO INC NEW AT COST 57,872 173,451
018802108 ALLIANT ENERGY CORP AT COST 33,669 67,767
060505104 BANK AMER CORP      
110122108 BRISTOL MYERS SQUIBB      
25746U109 DOMINION ENERGY INC      
363576109 GALLAGHER ARTHUR J & AT COST 22,679 154,268
46625H100 JPMORGAN CHASE & CO AT COST 41,134 196,466
553530106 MSC INDUSTRIAL DIREC      
92343V104 VERIZON COMMUNICATIO AT COST 182,209 139,490
N53745100 LYONDELLBASELL INDU- AT COST 52,241 72,356
126650100 CVS HEALTH CORP      
30303M102 FACEBOOK INC      
48251W104 KKR & CO INC AT COST 30,983 117,813
57636Q104 MASTERCARD INC AT COST 11,061 83,596
09247X101 BLACKROCK INC AT COST 23,582 110,405
166764100 CHEVRON CORP NEW AT COST 66,569 120,969
437076102 HOME DEPOT INC AT COST 53,729 111,243
747525103 QUALCOMM INC AT COST 12,319 37,315
59156R108 METLIFE INC AT COST 46,769 84,316
681919106 OMNICOM GROUP INC      
713448108 PEPSICO INC      
009158106 AIR PRODS & CHEMS IN      
189054109 CLOROX CO/THE      
191216100 COCA-COLA CO/THE AT COST 72,902 102,008
20030N101 COMCAST CORP NEW AT COST 119,655 146,459
631103108 NASDAQ INC      
317609253 EMERALD GROWTH FUND AT COST 5,913,763 6,184,291
H1467J104 CHUBB LTD AT COST 52,127 111,870
023135106 AMAZON COM INC AT COST 64,047 120,792
74736K101 QORVO INC AT COST 50,065 107,993
30231G102 EXXON MOBIL CORP AT COST 146,020 225,055
594918104 MICROSOFT CORP AT COST 247,957 573,085
742718109 PROCTER & GAMBLE CO      
902973304 US BANCORP DEL      
65339F101 NEXTERA ENERGY INC AT COST 85,504 133,081
94106L109 WASTE MGMT INC DEL AT COST 42,486 174,802
43300A203 HILTON WORLDWIDE HOL      
G3223R108 EVEREST RE GROUP LTD AT COST 99,773 129,410
83088M102 SKYWORKS SOLUTIONS I AT COST 63,639 107,586
92826C839 VISA INC AT COST 14,468 83,833
315910810 FIDELITY INVT TR AT COST 4,920,181 6,035,728
55278M407 MFS SER TR XIII AT COST 5,472,543 6,154,643
77954Q106 ROWE T PRICE BLUE CH      
69351T106 PPL CORP      
931142103 WAL MART STORES INC AT COST 60,462 137,313
02079K107 ALPHABET INC AT COST 40,955 119,227
922040100 VANGUARD INSTL INDEX AT COST 4,662,064 13,618,066
882508104 TEXAS INSTRS INC AT COST 88,599 113,697
89832Q109 TRUIST FINL CORP      
H84989104 TE CONNECTIVITY LTD AT COST 41,422 74,465
369550108 GENERAL DYNAMICS COR AT COST 89,067 126,719
036752103 ANTHEM INC AT COST 94,434 95,727
17275R102 CISCO SYS INC      
67066G104 NVIDIA CORP      
20825C104 CONOCOPHILLIPS AT COST 22,939 68,017
871829107 SYSCO CORP AT COST 74,322 73,130
22160N109 COSTAR GROUP INC AT COST 69,217 85,205
369604103 GENERAL ELECTRIC CO      
893641100 TRANSDIGM GROUP INC AT COST 51,180 121,392
96342K100 WHITBREAD PLC-SPON A      
78467J100 SS&C TECHNOLOGIES HL AT COST 83,176 87,998
372460105 GENUINE PARTS CO AT COST 79,428 120,772
412295107 HARDING LOEVNER FDS AT COST 4,994,989 5,739,873
907818108 UNION PAC CORP AT COST 170,488 199,198
422806208 HEICO CORP NEW AT COST 39,916 71,790
478160104 JOHNSON & JOHNSON AT COST 160,891 171,003
14316J108 CARLYLE GROUP INC AT COST 80,066 132,568
443510607 HUBBELL INC AT COST 23,558 70,720
438516106 HONEYWELL INTL INC AT COST 65,716 107,372
427866108 HERSHEY CO AT COST 53,096 75,135
94419L101 WAYFAIR INC- CLASS A      
48020Q107 JONES LANG LASALLE I AT COST 104,358 125,787
91324P102 UNITEDHEALTH GROUP I AT COST 124,761 186,897
79466L302 SALESFORCE COM INC AT COST 73,018 112,098
00287Y109 ABBVIE INC      
30161N101 EXELON CORP AT COST 126,765 149,667
20449X401 COMPASS GROUP PLC      
848637104 SPLUNK INC      
03831W108 APPLOVIN CORP      
91680M107 UPSTART HOLDINGS INC      
22822V101 CROWN CASTLE INTL CO AT COST 192,846 143,181
038222105 APPLIED MATLS INC AT COST 31,074 37,924
872540109 TJX COS INC NEW AT COST 115,024 157,038
695156109 PACKAGING CORP AMER AT COST 89,601 98,886
87165B103 SYNCHRONY FINL      
512807108 LAM RESH CORP      
770323103 ROBERT HALF INTL INC      
609207105 MONDELEZ INTL INC AT COST 114,937 124,724
SM8215446 BIRMINGHAM TECHNOLOG      
002824100 ABBOTT LABS AT COST 44,744 48,541
NR4500001 COOSA COUNTY ALABAMA AT COST 1 118
31620M106 FIDELITY NATL INFORM AT COST 101,561 79,593
486991904 KAUL LD CO PA AT COST 4,650 522,600
00206R102 AT&T INC AT COST 180,141 157,833
863667101 STRYKER CORP AT COST 90,444 115,292
369604301 GENERAL ELEC CO AT COST 9,360 24,377
12504L109 CBRE GROUP INC AT COST 62,077 81,826
SM8217442 28.4 PCT OWNERSHIP I      
NR4783003 100.00 % INTEREST IN      
NR4785008 100.00 % INTEREST IN      
31635V729 FIDELITY L/C GR INDX AT COST 10,295,847 11,830,166
580135101 MC DONALDS CORPORATI AT COST 117,914 139,656
03990B101 ARES MGMT CORP AT COST 60,240 98,109
058498106 BALL CORP AT COST 49,535 59,878
653656108 NICE SYS LTD SPONSOR AT COST 88,283 96,164
NR4787004 100.00 % INTEREST IN      
98389B100 XCEL ENERGY INC AT COST 124,259 113,171
12117P109 BUREAU VERITAS SA - AT COST 25,188 25,730
12572Q105 CME GROUP INC AT COST 141,882 170,165
237194105 DARDEN RESTAURANTS I AT COST 126,839 129,797
25243Q205 DIAGEO PLC AT COST 85,856 73,121
337738108 FISERV INC COM AT COST 52,542 58,715
45857P806 INTERCONTINENTAL HOT AT COST 38,586 53,614
571903202 MARRIOTT INTL INC NE AT COST 43,353 51,416
651639106 NEWMONT CORP AT COST 70,793 72,060
693475105 PNC FINL SVCS GROUP AT COST 133,202 133,790
855244109 STARBUCKS CORP AT COST 128,852 126,541
872590104 T -MOBILE US INC AT COST 128,898 135,319
921921300 VANGUARD FENWAY FDS AT COST 2,051,857 2,021,856

TY 2023 LegalFeesSchedule
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
NON-ALLOCABLE LEGAL FEES 23,297     23,297


TY 2023 OtherAssetsSchedule
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
BIRMINGHAM TECHNOLOGY FUND 289,190 0 0
KAUL LD 4,650 0 0
REFORESTATION 34,897 0 0


TY 2023 OtherExpensesSchedule
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER CHARITABLE EXPENSES 45,000 0   45,000
INVESTMENT EXPENSES-DIVIDEND I 5 5   0
Rent and Royalty Expense 29,455      


TY 2023 OtherIncomeSchedule2
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME -161,921 -161,921  
SCORP INCOME 3,571 0  


TY 2023 OtherIncreasesSchedule
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Description Amount
COST BASIS ADJUSTMENT 19,270
CASH RECEIVED FOR SALE AFTER YEAR END 573,001
LAND WRITTED OFF AFTER YEAR END 574,850


TY 2023 OtherProfessionalFeesSchedule
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE 7,299 7,299    


TY 2023 TaxesSchedule
Name:
THE HUGH KAUL FOUNDATION
EIN:
63-6158725
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 16,148 16,148   0
FEDERAL TAX PAYMENT - PRIOR YE 246 0   0