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
FARM CREDIT FOUNDATION FOR AGRICULTURAL
ADVANCEMENT
Number and street (or P.O. box number if mail is not delivered to street address)45 AILERON COURT
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WESTMINSTER, MD21157
A Employer identification number

81-0945517
B Telephone number (see instructions)

(888) 339-3334
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$8,978,440J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 96,626 96,626  
4 Dividends and interest from securities... 111,427 111,427  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 63,134
b Gross sales price for all assets on line 6a 1,629,727
7 Capital gain net income (from Part IV, line 2)... 63,134
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
95 95 0
12 Total. Add lines 1 through 11........ 271,282 271,282 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 16,250 0 0 16,250
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
285 0 0 285
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,000 4,000 0 4,000
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
58,488 47,600 0 10,888
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,275 0 0 25
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 10,780 0 0 10,780
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
198 0 0 198
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 97,276 51,600 0 42,426
25 Contributions, gifts, grants paid....... 347,000 327,000
26 Total expenses and disbursements. Add lines 24 and 25 444,276 51,600 0 369,426
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -172,994
b Net investment income (if negative, enter -0-) 219,682
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............. 8,230 7,750 7,750
2 Savings and temporary cash investments......... 688,767 451,024 451,024
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,159,669 Click to see attachment
List of Attached Documents:
// Content
5,027,633 		6,461,502
c Investments—corporate bonds (attach schedule)....... 2,016,364 Click to see attachment
List of Attached Documents:
// Content
2,203,629 		2,058,164
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right 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) 7,873,030 7,690,036 8,978,440
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 7,873,030 7,690,036
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 7,873,030 7,690,036
30 Total liabilities and net assets/fund balances (see instructions). 7,873,030 7,690,036
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
7,873,030
2
Enter amount from Part I, line 27a .....................
2
-172,994
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,700,036
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
10,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,690,036
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,629,727   1,566,593 63,134
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       63,134
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 63,134
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 3,054
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 3,054
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 3,054
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 4,072
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 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,072
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 1,018
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow1,018 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 arrowDE, MD
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 arrowHTTPS://FCFOUNDATIONFORAG.ORG
14
The books are in care ofright arrowBRIAN ROSATI Telephone no.right arrow (888) 339-3334

Located atright arrow45 AILERON COURTWESTMINSTERMD ZIP+4right arrow211573022
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)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(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
Yes
 
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
TRAVIS HASTINGS CHAIRPERSON
2.00 		1,608 0 0
45 AILERON COURT
WESTMINSTER,MD21157
BRIAN ROSATI HFC EMPLOYEE/VICE CHAIR
2.00 		0 0 0
45 AILERON COURT
WESTMINSTER,MD21157
LAURA HEILINGER OFFICER
2.00 		1,602 0 0
45 AILERON COURT
WESTMINSTER,MD21157
JOHN WHEELER SECRETARY/TREASURER
8.00 		6,392 0 0
45 AILERON COURT
WESTMINSTER,MD21157
JULIE BOLYARD OFFICER
2.00 		1,073 0 0
45 AILERON COURT
WESTMINSTER,MD21157
KURT FUCHS HFC EMPLOYEE/ OFFICER
2.00 		0 0 0
45 AILERON COURT
WESTMINSTER,MD21157
GAIL YEISER OFFICER
2.00 		3,028 0 0
45 AILERON COURT
WESTMINSTER,MD21157
DARRELL CURTIS OFFICER
2.00 		2,681 0 0
45 AILERON COURT
WESTMINSTER,MD21157
KEVIN GRIM OFFICER
2.00 		1,420 0 0
45 AILERON COURT
WESTMINSTER,MD21157
CHARLES WRIGHT IV OFFICER
2.00 		325 0 0
45 AILERON COURT
WESTMINSTER,MD21157
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 AWARDED TWENTY-FOUR SCHOLARSHIPS TO HIGH SCHOOL AND COLLEGE STUDENTS PLANNING TO PURSUE A CAREER IN THE AGRICULTURE INDUSTRY. 202,500
2 AWARDED TWENTY-ONE SCHOLARSHIPS TO HIGH SCHOOL AGRICULTURE TEACHERS TO PURSUE AN ADVANCED DEGREE OR CONTINUING EDUCATION CREDITS. 154,500
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
7,963,274
b
Average of monthly cash balances.......................
1b
584,661
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
8,547,935
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
8,547,935
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
128,219
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
8,419,716
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
420,986
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
420,986
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
3,054
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,054
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
417,932
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
417,932
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
417,932
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
369,426
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
369,426
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 7 417,932
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 114,700
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 369,426
a Applied to 2022, but not more than line 2a 114,700
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..... 254,726
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 .......... 		163,206
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....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
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:
RAECHEL SATTAZAHM
45 AILERON COURT
WESTMINSTER,MD21157
(888) 339-3334
bThe form in which applications should be submitted and information and materials they should include:
COLLEGE SCHOLARSHIPS MUST BE SUBMITTED ONLINE ON FOUNDATION'S WEBSITE.
cAny submission deadlines:
COLLEGE SCHOLARSHIPS: JANUARY OF EACH AWARD YEAR.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
AWARDS TO STUDENTS: APPLICANTS MUST RESIDE IN THE HORIZON FARM CREDIT (HFC) TERRITORY (SEE BELOW), BE A HIGH SCHOOL SENIOR OR ALREADY ENROLLED IN A TWO OR FOUR YEAR COLLEGE, AND BE PURSUING A CAREER IN AGRICULTURE. (HFC) TERRITORY (STATES AND COUNTIES): DE MD (BALTIMORE, CARROLL, CAROLINE, CECIL, DORCHESTER, FREDERICK, HARFORD, HOWARD, KENT, MONTGOMERY, QUEEN ANNE'S, SOMERSET, TALBOT, WASHINGTON, WICOMICO, WORCESTER) PA VA (ACCOMACK, CLARKE, FREDERICK, NORTHAMPTON, PAGE, SHENANDOAH, WARREN) WV (BERKELEY, BROOKE, HANCOCK, JEFFERSON, MARSHALL, MORGAN, OHIO)
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
RAECHEL SATTAZAHN
45 AILERON COURT
WESTMINSTER,MD21157
(888) 339-3334
bThe form in which applications should be submitted and information and materials they should include:
HIGH SCHOOL EDUCATOR AWARDS MUST BE SUBMITTED ONLINE ON FOUNDATION'S WEBSITE.
cAny submission deadlines:
HIGH SCHOOL EDUCATOR AWARDS: JANUARY OF EACH AWARD YEAR.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
AWARDS TO HIGH SCHOOL EDUCATORS: APPLICANTS MUST BE HIGH SCHOOL AGRICULTURE EDUCATORS PLANNING TO PURSUE A MASTERS OR DOCTORATE DEGREE TO FURTHER THEIR EDUCATION, OR TO APPLY TO REQUIRED CONTINUING EDUCATION CREDITS, RESIDE AND TEACH WITHIN HFC TERRITORY, AND CANNOT BE AN EMPLOYEE OR DIRECTOR OF HFC, NOR AN IMMEDIATE FAMILY MEMBER OF AN EMPLOYEE OR DIRECTOR OF HFC. HFC TERRITORY (STATES AND COUNTIES): DE MD (BALTIMORE, CARROLL, CAROLINE, CECIL, DORCHESTER, FREDERICK, HARFORD, HOWARD, KENT, MONTGOMERY, QUEEN ANNE'S, SOMERSET, TALBOT, WASHINGTON, WICOMICO, WORCESTER), PA, VA (ACCOMACK, CLARKE, FREDERICK, NORTHAMPTON, PAGE, SHENANDOAH, WARREN), WV (BERKELEY, BROOKE, HANCOCK, JEFFERSON, MARSHALL, MORGAN, OHIO)
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

BLUE RIDGE CTC FOUNDATION

13650 APPLE HARVEST DRIVE
MARTINSBURG,WV35403 		PC PC AGRICULTURAL EDUCATION 10,000

CONNORS STATE COLLEGE

700 COLLEGE ROAD
WARNER,OK74469 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

CORNELL UNIVERSITY

PO BOX 752
ITHACA,NY14851 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

DELAWARE AGRICULTURAL MUSEUM VILLAGE

866 N DUPONT HWY
DOVER,DE19901 		PC PC AGRICULTURAL EDUCATION 5,000

DELAWARE FARM BUREAU FOUNDATION

3457 S DUPONT HWY
CAMDEN,DE19934 		PC PC AGRICULTURAL EDUCATION 10,000

DELAWARE TECHNICAL COMMUNITY COLLEGE

300 N ORANGE STREET
WILMINGTON,DE19801 		PC PC AGRICULTURAL SCHOLARSHIP 7,500

DELAWARE TECHNICAL COMMUNITY COLLEGE

301 N ORANGE STREET
WILMINGTON,DE19802 		PC PC AGRICULTURAL SCHOLARSHIP 5,000

HLMA EDUCATIONAL INC

301 CHESTNUT STREET STE 102
HARRISBURG,PA17101 		PC PC AGRICULTURAL EDUCATION 1,000

IOWA STATE UNIVERSITY

515 MORRILL ROAD
AMES,IA50011 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

LANCASTER COUNTY CTC

1730 HANS HERR DRIVE
WILLOW STREET,PA17584 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

MARYLAND 4-H FOUNDATION

8020 GREENMEAD DRIVE
COLLEGE PARK,MD20740 		PC PC AGRICULTURAL EDUCATION 10,000

MARYLAND AGRICULTURAL EDUCATION FOUNDATION

403 OAKINGTON ROAD
HAVRE DE GRACE,MD21078 		PC PC AGRICULTURAL EDUCATION 10,000

MARYLAND FFA FOUNDATION INC

PO BOX 1056
ELDERSBURG,MD21784 		PC PC AGRICULTURAL EDUCATION 5,000

MARYLAND PROK PRODUCERS ASSOCIATION

210 FALLEN HORSE CIRCLE STE 100
QUEENSTOWN,MD21658 		PC PC AGRICULTURAL EDUCATION 2,500

NORTH CAROLINA STATE UNIVERSITY

2831 THURMAN DRIVE
RALEIGH,NC21607 		PC PC AGRICULTURAL SCHOLARSHIP 7,500

NUFFIELD USA

18890 JOHNSON ROAD
LINCOLN,DE19960 		PF PF AGRICULTURAL EDUCATION 20,000

OKLAHOMA STATE UNIVERSITY

219 STUDENT UNION
STILLWATER,OK74078 		PC PC AGRICULTURAL SCHOLARSHIP 7,500

PA BEEF COUNCIL

205 SOUTH JULIANA STREET
BEDFORD,PA15522 		PC PC AGRICULTURAL EDUCATION 2,000

PA FFA FOUNDATION

PO BOX 157
EAST BERLIN,PA17316 		PC PC AGRICULTURAL EDUCATION 10,000

PENNSYLVANIA BEEF COUNCIL

205 SOUTH JULIANA STREET
BEDFORD,PA15522 		PC PC AGRICULTURAL EDUCATION 10,000

PENNSYLVANIA COLLEGE OF TECHNOLOGY

1 COLLEGE AVENUE
WILLIAMSPORT,PA17701 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

PENNSYLVANIA FRIENDS OF AGRICULTURE FOUNDAITON

PO BOX 165
FORBES ROAD,PA15633 		PC PC AGRICULTURAL EDUCATION 10,000

PENNSYLVANIA STATE UNIVERSITY

CURTAIN ROAD 314
UNIVERSITY PARK,PA16802 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

PENNSYLVANIA STATE UNIVERSITY

CURTAIN ROAD 314
UNIVERSITY PARK,PA16802 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

PENNSYLVANIA STATE UNIVERSITY

CURTAIN ROAD 314
UNIVERSITY PARK,PA16802 		PC PC AGRICULTURAL SCHOLARSHIP 7,500

PENNSYLVANIA STATE UNIVERSITY

CURTAIN ROAD 314
UNIVERSITY PARK,PA16802 		PC PC AGRICULTURAL SCHOLARSHIP 7,500

PENNSYLVANIA STATE UNIVERSITY

CURTAIN ROAD 314
UNIVERSITY PARK,PA16802 		PC PC AGRICULTURAL SCHOLARSHIP 5,000

PENNSYLVANIA STATE UNIVERSITY

CURTAIN ROAD 314
UNIVERSITY PARK,PA16802 		PC PC AGRICULTURAL SCHOLARSHIP 5,000

PURDUE UNIVERSITY

610 PURDUE MALL
WEST LAFAYETTE,IN47907 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

SHENANDOAH VALLEY DISCOVERY MUSEUM

19 W CORK STREET
WINCHESTER,VA22601 		PC PC AGRICULTURAL EDUCATION 10,000

SUNY COBLESTONE FOUNDATION

106 SUFFOLK CIRCLE
COBLESKILL,NY12043 		PC PC AGRICULTURAL EDUCATION 10,000

TARLETON STATE UNIVERSITY

1333 W WASHINGTON STREET
STEPHENVILLE,TX76401 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

TEXAS A&M UNIVERSITY

PO BOX 30016
COLLEGE STATION,TX77801 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

THADDEUS STEVENS COLLEGE OF TECHNOLOGY

750 E KING STREET
LANCASTER,PA17602 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

THE BLOOMSBURG CHILDRENS MUSEUM

2 W 7TH STREET
BLOOMSBURG,PA17815 		PC PC AGRICULTURAL EDUCATION 1,000

THE CENTER FOR DAIRY EXCELLENCE FOUNDATION OF PENNSYLVANIA

2301 NORTH CAMERON STREET
HARRISBURG,PA17110 		PC PC AGRICULTURAL EDUCATION 5,000

THE CENTER FOR DAIRY EXCELLENCE OF PENNSYLVANIA

2301 NORTH CAMERON STREET
HARRISBURG,PA17110 		PC PC AGRICULTURAL EDUCATION 5,000

THE EDIBLE CLASSROOM

54 PENN STREET
WASHINGTON BORO,PA17582 		PC PC AGRICULTURAL EDUCATION 3,000

UNIVERSITY OF DELAWARE

30 LOVETT AVENUE
NEWWARK,DE19716 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

UNIVERSITY OF DELAWARE

31 LOVETT AVENUE
NEWWARK,DE19717 		PC PC AGRICULTURAL SCHOLARSHIP 5,000

UNIVERSITY OF MARYLAND EASTERN SHORE

32 LOVETT AVENUE
NEWWARK,DE19718 		PC PC AGRICULTURAL EDUCATION 10,000

UNIVERSITY OF MOUNT OLIVE

33 LOVETT AVENUE
NEWWARK,DE19719 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

UNIVERSITY OF NORTHWESTERN OHIO

34 LOVETT AVENUE
NEWWARK,DE19720 		PC PC AGRICULTURAL SCHOLARSHIP 10,000

WEST VIRGINIA FFA ASSOCIATION

1900 KANAWHA BLVD EAST BLDG 6 RM
825
CHARLESTON,WV25305 		PC PC AGRICULTURAL EDUCATION 5,000

WVU POTOMAC STATE COLLEGE

101 FORT AVENUE
KEYSER,WV26726 		PC PC AGRICULTURAL SCHOLARSHIP 5,000
Total .................................right arrow 3a 357,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 96,626  
4 Dividends and interest from securities ....     14 111,427  
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 .....     14 95  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 63,134  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 271,282 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
271,282
(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:
FARM CREDIT FOUNDATION FOR AGRICULTURAL
 
ADVANCEMENT
EIN:
81-0945517
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 8,000 4,000 0 4,000

TY 2023 InvestmentsCorpBondsSchedule
Name:
FARM CREDIT FOUNDATION FOR AGRICULTURAL
 
ADVANCEMENT
EIN:
81-0945517
Name of Bond End of Year Book Value End of Year Fair Market Value
BLACKROCK TOTAL RETURN- I (MAHQX) PNC 268,559 225,668
VANGUARD TOTAL BD MKT INDX #584 (VBTLX) ADM PNC 1,668,440 1,621,809
WESTERN ASSET CORE PLUS BOND FD (WACPX) CLASS I FD #287 PNC 266,630 210,687

TY 2023 InvestmentsCorpStockSchedule
Name:
FARM CREDIT FOUNDATION FOR AGRICULTURAL
 
ADVANCEMENT
EIN:
81-0945517
Name of Stock End of Year Book Value End of Year Fair Market Value
FERRARI NV - W/I (RACE) SEDOL BZ1GMK5 ISIN NL0011585146 WCM INVESTMENT MANAG 5,512 11,507
CARMAX INC (KMX) PRINCIPAL GLOBAL INVESTORS 6,109 6,523
COMPAGNIE FINANCIERE RICHEMONT A (CFRUY) SWITZ ADR CUASEWAY INTERNATIONAL VA 2,289 2,507
COMPASS GROUP PLC-SPON ADR (CMPGY)SEDOL BZBY5H7 ISIN US20449X4016 CAUSEWAY I 2,102 2,753
COMPASS GROUP PLC-SPON ADR (CMPGY)SEDOL BZBY5H7 ISIN US20449X4016 WCM INVEST 5,248 5,145
DOMINO'S PIZZA, INC. (DPZ) PRINCIPAL GLOBAL INVESTORS 4,477 6,596
EVOLUTION AB ADR (EVVTY)SEDOL BD079T3ISIN US30051E1047WCM INVESTMENT MANAGEM 10,887 7,523
HILTON WORLDWIDE HLDGS- W/O (HLT) PRINCIPAL GLOBAL INVESTORS 5,699 12,564
HOME DEPOT INC (HD) JENSEN INVESTMENT MGMT 7,878 9,357
HYATT HOTELS CORP (H) CL A PRINCIPAL GLOBAL INVESTORS 1,632 2,869
KERING S A ADR (PPRUY) CASUEWAY INTERNATIONAL VAL ADR 4,562 4,512
KINGFISHER PLC (KGFHY) SPONSORED ADR CASUEWAY INTERNATIONAL VAL ADR 1,051 1,123
LVMH MOET HENNESSY LOUIS (LVMUY) ADR WCM INVESTMENT MANAGEMENT 3,345 6,985
LENNAR CORP (LEN) CLASS A ARISTOTLE CAPITAL MANAGEMENT 4,099 11,774
LENNAR CORP (LEN) CLASS A PRINCIPAL GLOBAL INVESTORS 2,222 6,409
LOWES COMPANIES INC (LOW) ARISTOTLE CAPITAL MANAGEMENT 6,634 7,122
MERCADOLIBRE INC (MELI) WCM INVESTMENT MANAGEMENT 10,082 11,001
MICHELIN (CGDE) (MGDDY)UNSPON ADRARISTOTLE CAPITAL MANAGEMENT 6,304 6,663
NIKE INC (NKE) CLASS B JENSEN INVESTMENT MANAGEMENT 12,026 13,028
O REILLY AUTOMOTIVE INC (ORLY) PRINCIPAL GLOBAL INVESTORS 3,616 12,351
ROSS STORES INC (ROST) PRINCIPAL GLOBAL INVESTORS 702 1,246
SONY GROUP CORPORATION ADR (SONY) ARISTOTLE CAPITAL MANAGEMENT 4,225 8,143
STARBUCKS CORP (SBUX) JENSEN INVESTMENT MGMT 10,953 11,617
VAIL RESORTS INC (MTN) PRINCIPAL GLOBAL INVESTORS 3,792 3,416
VALEO SE (VLEEY) SPONSORED ADR CASUEWAY INTERNATIONAL VAL ADR 1,396 1,424
ANHEUSER BUSCH INBEV (BUD) SPONSORED ADR CAUSEWAY INTERNANTIONAL VAL ADR 4,591 4,847
BRITISH AMERICAN TOBACCO PLC (BTI) SPONSORED ADR CAUSEWAY INTERNATIONAL VAL 3,850 3,603
BROWN FORMAN CORP CLASS B (BFB) PRINCIPAL GLOBAL INVESTORS 1,110 1,142
CARREFOUR SA (CRRFY) CASUEWAY INTERNATIONAL VAL ADR 3,049 2,980
COCA COLA CO (KO) ARISTOTLE CAPITAL MANAGEMENT 5,460 7,307
CONSTELLATION BRANDS INC (STZ)CL A ARISTOTLE CAPITAL MANAGEMENT 6,007 6,044
DANONE (DANOY) SPONS ADR CAUSEWAY INTERNATIONAL VAL ADR 5,879 6,061
DIAGEO PLC (DEO) SPONSOREDADR CAMBIAR INVESTORS LLC 6,324 4,952
L OREAL CO (LRLCY) UNSPONSORED ADR WCM INVESTMENT MANAGEMENT 6,422 6,859
NESTLE S.A. (NSRGY) SPONSORED ADR REPSTG REG SH WCM INVESTMENT MANAGEMENT 6,320 6,707
PEPSICO INC (PEP) JENSEN INVESTMENT MGMT 17,577 21,060
PROCTER & GAMBLE CO (PG) ARISTOTLE CAPITAL MANAGEMENT 6,337 6,741
PROCTER & GAMBLE CO (PG) JENSEN INVESTMENT MGMT 7,807 8,792
SEVEN & I HOLDINGS (SVNDY) UNSPN ADR CAUSEWAY INTERNATIONAL VAL ADR 2,693 2,758
SYSCO CORP (SYY) ARISTOTLE CAPITAL MANAGEMENT 7,069 6,070
RECKITT BENCKISER- SPON ADR (RBGLY) ADR SEDOL B93K0B0 ISIN US7562552049 CAMB 6,975 7,062
UNILEVER PLC W/I (UL) SPONSORED ADR CAUSEWAY INTERNATIONAL VAL ADR 2,521 2,521
BP PLC (BP) SPONSORED ADR CAUSEWAY INTERNATIONAL VAL ADR 6,988 6,903
COTERRA ENERGY INC (CTRA)ARISTOTLE CAPITAL MANAGEMENT 5,169 7,248
CANADIAN NATURAL RESOURCES (CNQ) SEDOL 2171573 ISIN CA 1363851017 WCM INVEST 4,951 5,045
PHILLIPS 66 (PSX) ARISTOTLE CAPITAL MANAGEMENT 2,439 5,326
SHELL PLC-W/I-ADR (SHELL) SEDOL BPK3CG3 CAMBIAR INVESTORS LLC 6,114 6,054
AON PLC/IRELAND-A (AON) SEDOL BLP1HW5 ISIN IE00BLPP1HW54 PRINCIPAL GLOBAL IN 1,120 2,037
AON PLC/IRELAND-A (AON) SEDOL BLP1HW5 ISIN IE00BLPP1HW54WCM INVESTMENT MANAG 6,005 7,858
ARCH CAPITAL GROUP LTD (ACGL) SEDOL 2740542 ISIN BMG0450A1053 PRINCIPAL GLOB 1,500 4,159
ARCH CAPITAL GROUP LTD (ACGL) SEDOL 2740542 ISIN BMG0450A1053 WCM INVESTMENT 6,140 6,536
UBS GROUP AG (UBS) SEDOL BRJL176 ISIN CH022767585 CAUSEWAY INTERNATIONAL VAL 1,123 1,360
UBS GROUP AG (UBS) SEDOL BRJL176 ISIN CH022767585 WCM INVESTMENTS VAL ADR 5,934 5,871
ALLIANZ SE- UNSP ADR (ALIZY) SEDOL BJXKF26 INISN US0188201000 CASUEWAY INTER 4,307 4,724
AMERIPRISE FINANCIAL INC (AMP) ARISTOTLE CAPITAL MANAGEMENT 3,705 9,876
ARES MANAGEMENT CORP - A(ARES) PRINCIPAL GLOBAL INVESTORS 874 1,903
AXA (AXAHY) SPONSORED ADR CAUSEWAY INTERNATIONAL VAL ADR 3,900 4,184
BNP PARIBAS (BNPQY) SPONSORED ADR CASUEWAY INTERNATIONAL VAL ADR 1,567 1,772
BANCO BRADESCO (BBD) SPONSORED ADR CASUEWAY INTERNATIONAL VAL ADR 1,691 1,873
BARCLAYS PLC ADR (BCS) CAUSEWAY INTERNATIONAL VAL ADR 8,073 6,863
BLACKSTONE INC (BX)ARISTOTLE CAPITAL MANAGEMENT 7,658 8,641
BROOKFIELD CORO (BN) SEDOL BP95GGG8 ISIN CA11271J1075 PRINCIPAL GLOBAL INVES 9,326 15,366
BROOKFIELD ASSET MANAGEMENT CL A (BAM) ISIN CA1125851040 SEDOL 2092555 PRINC 1,590 2,973
BROWN & BROWN INC (BRO) PRINCIPAL GLOBAL INVESTORS 4,292 8,320
CAPITAL ONE FINANCIAL CORP (COF) ARISTOTLE CAPITAL MANAGEMENT 5,736 8,916
CINCINNATI FINANCIAL CORP (CINF) ARISTOTLE CAPITAL MANAGEMENT 4,365 5,380
COMMERCE BANCSHARES INC (CBSH) ARISTOTLE CAPITAL MANAGEMENT 3,180 3,525
CULLEN FROST BANKERS INC (CFR) ARISTOTLE CAPITAL MANAGEMENT 5,600 5,208
HOWARD HUGHES HOLDINGS INC (HHH) PRINCIPAL GLOBAL INVESTORS 1,569 1,369
ICICI BANK LTD (IBN) SPON ADR WCM INVESTMENT MANAGEMENT 6,095 6,532
ING GROEP NV (ING) SPONSORED ADR CAUSEWAY INTERNATIONAL VAL ADR 3,299 4,416
KKR & CO INC (KKR) CLASS A PRINCIPAL GLOBAL INVESTORS 4,051 13,007
LEGAL & GEN GROUP (LGGNY) SPON ADR CAUSEWAY INTERNATIONAL VAL ADR 2,555 2,879
MSCI INC (MSCI) PRINCIPAL GLOBAL INVESTORS 2,272 3,960
MARKEL CORP (HOLDING CO) (MKL) PRINCIPAL GLOBAL INVESTORS 6,612 8,519
MARSH & MCLENNAN (MMC) COMPANIES INC JENSEN INVESTMENT MGMT 11,926 14,210
MASTERCARD INC CL A (MA) JENSEN INVESTMENT MGMT 8,453 11,516
MITSUBISHI UFJ FINL GRP ADR (MUFG) ARISTOTLE CAPITAL MANAGEMENT 3,343 5,097
MOODY'S CORP (MCO) PRINCIPAL GLOBAL INVESTORS 1,210 2,734
MOODY'S CORP (MCO) JENSEN INVESTMENT MGMT 3,373 4,296
NATWEST GROUP PLC-SPN ADR-WI (NWG) SEDOL BP0WTS1 ISIN US6390572070 CAUSEWAY 1,575 1,728
PROGRESSIVE CORP OHIO (PGR) PRINCIPAL GLOBAL INVESTORS 2,230 4,938
PRUDENTIAL PLC (PUK) SPON ADR CAUSEWAY INTERNATIONAL VAL ADR 6,417 6,174
SUMITOMO MITSUI FINANCIAL GROUP (SMFG) INC SPON ADR CAUSEWAY INTERNATIONAL V 1,674 1,704
US BANCORP DEL (USB) COM NEW ARISTOTLE CAPITAL MANAGEMENT 8,150 8,137
UNICREDIT SPA-ADR (UNCRY) SEDOL BD72XP5 ISIN US9046784065 6,412 6,497
UNITED OVERSEAS BK LTD (UOVEY) SPONSORED ADR CAUSEWAY INTERNATIONAL VAL ADR 2,573 2,727
ICON PLC (ICLR) SEDOL B94G471 ISIN IE0005711209 WCM INVESTMENT MANAGEMENT 8,425 11,606
MEDTRONIC PLC (MDT) SEDOL BTN1Y11 ISIN IE00BTN1Y115 ARISTOTLE CAPITAL MANAGE 5,556 5,272
STERIS PLC (STE) SEDOL BFY8C75 ISIN IE00BFY8C754 WCM INVESTMENT MANAGEMENT 4,696 6,815
ALCON INC (ALC) SEDOL BJXBP41 ISIN CH0432492467 ARISTOTLE CAPITAL MANAGEMENT 4,716 6,796
AGILENT TECHNOLOGIES (IPO) (A) PRINCIPAL GLOBAL INVESTORS 3,864 4,310
AMGEN INC (AMGN) ARISTOTLE CAPITAL MANAGEMENT 5,700 8,929
ASTRAZENECA PLC (AZN) SPONS ADR CAUSEWAY INTERNATIONAL VAL ADR 5,456 5,792
ASTRAZENECA PLC (AZN) SPONS ADR WCM INVESTMENT MANAGEMENT 6,940 6,937
BAYER A G (BAYRY) SPONSORED ADR CAUSEWAY INTERNATIONAL VAL ADR 3,103 1,680
ENOVIS CORP (ENOV) PRINCIPAL GLOBAL INVESTORS 309 336
DANAHER CORP (DHR) ARISTOTLE CAPITAL MANAGEMENT 3,168 7,866
GSK PLC-SPON ADR (GSK) ADR SEDOL BMTZ571 ISIN US 37733W2044 CAUSEWAY INTERNA 4,634 4,892
IDEXX LABS INC (IDXX) PRINCIPAL GLOBAL INVESTORS 1,282 3,330
JOHNSON & JOHNSON (JNJ) JENSEN INVESTMENT MGMT 8,676 10,345
KONINKLIJKE PHILLIPS NV (PHG) SPON ADR CAUSEWAY INTERNATIONAL VAL ADR 5,214 5,763
MERCK & CO INC (MRK) ARISTOTLE CAPITAL MANAGEMENT 7,443 8,067
NOVARTIS AG (NVS) SPONSORED ADR CAUSEWAY INTERNAITONAL VAL ADR 2,898 3,837
NOVO NORDISK A S (NVO) ADR WCM INVESTMENT MANAGEMENT 7,045 14,069
PFIZER INC (PFE) JENSEN INVESTMENT MGMT 11,365 9,011
ROCHE HOLDING LTD SPONSORED ADR (RHHBY) CAUSEWAY INTERNATIONAL VAL ADR 7,600 7,355
SANOFI SPONSORED ADR (SNY) CAUSEWAY INTERNATIONAL VAL ADR 3,716 4,028
STRYKER CORP (SYK) JENSEN INVESTMENT MGMT 12,461 17,369
TAKEDA PHARMACEUTIC (TAK) SPON ADR CUASEWAY INTERNATIONAL VAL ADR 3,430 3,568
UNITEDHEALTH GROUP INC (UNH) JENSEN INVESTMENT MGMT 11,648 18,426
WATERS CORP (WAT) PRINCIPAL GLOBAL INVESTORS 1,335 1,646
FERGUSON PLC (FERG) SEDOL BKB0C57 ISIN JE00BJVNSS43 WCM INVESTMENT MANAGEMEN 6,162 8,302
AENA SME SA-ADR (ANYYY) SEDOL BYXZJ80 ISIN US00774W1036 CUASEWAY INTERNATION 3,556 3,926
ALSTOM SA UNSPON ADR (ALSMY) CUASEWAY INTERNATIONAL VAL ADR 3,966 3,969
ASSA ABLOY AB UNSP (ASAZY) ADR CAUSEWAY INTERNATIONAL VAL ADR 1,355 1,582
ATLAS COPCO AB (ATLKY) SPONSORED ADR NEW REPSTG COM WCM INVESTMENT MANAGEMEN 2,230 5,542
AUTOMATIC COPCO AB (ATLKY) SPONSORED ADR NEW REPSTG COM WCM INVESTMENT MANAG 9,471 11,881
BAE SYSYTEMS PLC (BAESY) SPONSORED ADR WCM INVESTMENT MANAGEMENT 7,307 8,095
BROADRIDGE FINANCIAL SOL (BR) W/I JENSEN INVESTMENT MGMT 6,329 9,259
CANADIAN PACIFIC KANSAS CITY (CP) SEDOL BMBQR09 ISIN CA 13646K1084 CAUSEWAY 3,058 3,400
CANADIAN PACIFIC KANSAS CITY (CP) SEDOL BMBQR09 ISIN CA 13646K1084 WCM INVES 8,911 13,440
COPART INC (CPRT) PRINCIPAL GLOBAL INVESTORS 4,479 14,749
COSTAR GROUP INC (CSGP) PRINCIPAL GLOBAL INVESTORS 11,675 13,720
EQUIFAX INC (EFX) JENSEN INVESTMENT MGMT 6,584 9,644
EXPERIAN PLC (EXPGY) SPON ADR WCM INVESTMENT MANAGEMENT 5,370 7,252
FANUC CORP ADR (FANUY) CAUSEWAY INTERNATIONAL VAL ADR 4,434 4,916
FASTENAL CO (FAST) PRINCIPAL GLOBAL INVESTORS 1,928 4,599
GENERAL DYNAMICS CORP (GD) ARISTOTLE CAPITAL MANAGEMENT 4,823 6,492
HEICO CORP NEW (HEIA) CL A PRINCIPAL GLOBAL INVESTORS 9,078 12,535
HONEYWELL INTL INC (HON) ARISTOTLE CAPITAL MANAGEMENT 5,875 7,550
OSHKOSH CORPORATION (OSK) CLASS B ARISTOTLE CAPITAL MANAGEMENT 4,860 5,312
PARKER HANNIFIN CORP (PH) ARISTOTLE CAPITAL MANAGEMENT 3,943 11,518
RELX PLC (RELX) ADR CAUSEWAY INTERNAITONAL VAL ADR 4,001 4,363
ROLLS-ROYCE HOLDINGS PLC (RYCEY) SPONSORED ADR CAUSEWAY INTERNATIONAL VAL AD 9,871 12,425
RYANAIR HOLDINGS PLC (RYAAY) ADR CAUSEWAY INTERNATIONAL VAL ADR 3,072 3,601
SAFRAN SA (SAFRY) UNSPON ADR WCM INVESTMENT MANAGEMENT 7,428 7,414
SANDVIK AB (SDVKY) ADR CAUSEWAY INTERNATIONAL VAL ADR 371 412
SCHNEIDER ELECTRIC SE (SBGSY) WCM INVESTMENT MANAGEMENT 4,182 5,471
THOMSON REUTERS CORP (TRI) SEDOL BNBXPB4 ISIN CA8849038085 WCM INVESTMENT MA 4,568 5,849
TRANSDIGM GROUP INC (TDG) PRINCIPAL GLOBAL INVESTORS 5,404 16,186
VERALTO CORP-W/I (VLTO) ARISTOTLE CAPITAL MANAGEMENT 629 1,069
VERISK ANALYTICS INC (VRSK) PRINCIPAL GLOBAL INVESTORS 1,407 3,105
VERISK ANALYTICS INC (VRSK)JENSEN INVESTMENT MGMT 3,989 5,255
VINCI S.A. (VCISY) ADR CAUSEWAY INTERNATIONAL VAL ADR 2,929 3,091
WASTE CONNECTIONS INC (WCN) SEDOL BYVG1F6 ISIN CA94106B1013 WCM INVESTMENT M 5,399 5,971
WASTE MANAGEMENT INC (WM) JENSEN INVESTMENT MGMT 5,977 8,060
XYLEM INC (XYL) ARISTOTLE CAPITAL MANAGEMENT 5,633 7,776
ACCENTURE PLC CLASS A (ACN) SEDOL B4BNMY3 ISIN IE00B4BNMY34 WCM INVESTMENT M 5,260 8,422
ACCENTURE PLC CLASS A (ACN) SEDOL B4BNMY3 ISIN IE00B4BNMY34 JENSEN INVESTMEN 15,217 22,107
WIX.COM LTD (WIX) SEDOL BFZCHN7 ISIN IL0011301780 PRINCIPAL GLOBAL INVESTORS 942 1,353
ASM INTERNATIONAL N V (ASMIY) WCM INVESTMENT MANAGEMENT 4,763 7,788
ASML HOLDING NV-NY (ASML) SEDOL B908F01 ISIN USN070592100 WCM INVESTMENT MAN 2,919 10,597
ADOBE INC (ADBE) ARISTOTLE CAPITAL MANAGEMENT 5,003 11,932
ADVANTEST CORP-SPON ADR (ATYEY) SEDOL B1CCJ03 ISIN US 00762U2006 WCM INVESTM 6,205 5,299
ADYEN NV-UNSPON ADR (ADYEY) SEDOL BJXK4M9 ISIN US00783V1044 WCM INVESTMENT M 11,066 9,261
AMADEUS IT GROUP S A (AMADY) ADR CAUSEWAY INTERNATIONAL VAL ADR 2,416 2,595
AMPHENOL CORP NEW (APH)CL AJENSEN INVESTMENT MGMTJENSEN INVESTMENT MGMT 5,984 7,732
ANSYS INC (ANSS) ARISTOTLE CAPITAL MANAGEMENT 5,197 10,886
ANSYS INC (ANSS) PRINCIPAL GLOBAL INVESTORS 846 1,814
APPLE INC (AAPL) JENSEN INVESTMENT MGMT 8,534 19,253
ATLASSIAN CORP CL A (TEAM) SEDOL BQ1PC76 ISIN US0494681010 WCM INVESTMENT MA 12,203 11,179
AUTODESK INC (ADSK) ARISTOTLE CAPITAL MANAGEMENT 6,628 8,765
AUTODESK INC (ADSK) PRINCIPAL GLOBAL INVESTORS 2,862 5,113
COGNEX CORP (CGNX) PRINCIPAL GLOBAL INVESTORS 696 501
EPAM SYSTEMS INC (EPAM)WCM INVESTMENT MANAGEMENT 6,471 4,163
GARTNER INC (IT) PRINCIPAL GLOBAL INVESTORS 2,452 6,767
INFINEON TECHNOLOGIES (IFNNY) ADR CAUSEWAY INTERNATIONAL VAL ADR 1,293 1,465
INTUIT SOFTWARE (INTU) JENSEN INVESTMENT MGMT 8,914 16,876
KLA CORP (KLAC) JENSEN INVESTMENTS MGMT 6,536 8,138
MICROSOFT CORP (MSFT) ARISTOTLE CAPITAL MANAGEMENT 3,607 13,537
MICROSOFT CORP (MSFT) JENSEN INVESTMENT MGMT 9,611 23,691
MICROCHIP TECHNOLOGY INC (MCHP) ARISTOTLE CAPITAL MANAGEMENT 5,345 10,010
MICROCHIP TECHNOLOGY INC (MCHP) PRINCIPAL GLOBAL INVESTORS 2,830 5,140
MURATA MFG CO LTD ADR (MRAAY) UNSPON ADR ISIN US6264251025 SEDOL B3K81D4 CAU 4,993 5,869
QUALCOMM (QCOM) ARISTOTLE CAPITAL MANAGEMENT 4,369 8,244
ROPER TECHNOLOGIES INC(ROP) PRINCIPAL GLOBAL INVESTORS 6,646 10,903
SAP SE SPONSORED ADR (SAP) CAUSEWAY INTERNATIONAL VAL ADR 4,425 5,720
TELEDYNE TECHNOLOGIES INC (TDY) ARISTOTLE CAPITAL MANAGEMENT 1,762 1,785
TEXAS INSTRUMENTS INC (TXN) JENSEN INVESTMENT MGMT 8,735 9,716
TYLER TECHNOLOGIES INC (TYL) PRINCIPAL GLOBAL INVESTORS 5,404 6,272
VERISIGN INC (VRSN) PRINCIPAL GLOBAL INVESTORS 3,455 5,149
NEW LINDE PLC (LIN) SEDOL BNZHB81 ISIN IE 000S9YS762 WCM INVESTMENT MANANGEM 5,362 6,571
PREIMETER SOLUTIONS SA (PRM) SEDOL BP8KZH8 ISIN LU2391723694 PRINCIPAL GLOBA 1,222 483
AIR LIQUIDE (AIQUY) ADR CAMBIAR INVESTORS LLC 2,103 3,077
AKZO NOBEL NV-SPON ADR (AKZOY) ADR SEDOL BFYVZC0 ISINUS0101995035 CAUSEWAY I 5,674 6,297
BALL CORPORATION (BALL) JENSEN INVESTMENT MGMT 5,379 4,602
CORTEVA INC-W/I (CTVA) ARISTOTLE CAPITAL MANAGEMENT 5,548 9,440
CRODA INTERNATIONAL-UNS ADR (COIHY) SEDOL BHL 1B85 ISIN US2270473059 CAUSEWA 973 1,098
ECOLAB INC (ECL)ARISTOTLE CAPITAL MANAGEMENT 7,540 7,339
MARTIN MARIETTA MATLS INC (MLM) ARISTOTLE CAPITAL MANAGEMENT 4,983 10,976
MARTIN MARIETTA MATLS INC (MLM) PRINCIPAL GLOBAL INVESTORS 1,695 4,490
RPM INTERNATIONAL INC (RPM) ARISTOTLE CAPITAL MANAGEMENT 5,218 7,591
RIO TINTO PLC (RIO) SPONSORED ADR CAUSEWAY INTERNATIONAL VAL ADR 1,226 1,340
SHERWIN-WILLIAMS CO (SHW) PRINCIPAL GLOBAL INVESTORS 1,281 1,560
SUMMIT MATERIALS INC -CL A (SUM) PRINCIPAL GLOBAL INVESTORS 537 1,269
VULCAN MATERIALS CO (VMC) PRINCIPAL GLOBAL INVESTORS 4,917 9,534
CBRE GROUP INC (CBRE) PRINCIPAL GLOBAL INVESTORS 3,237 5,958
CROWN CASTLE INTL CORP (CCI)ARISTOTLE CAPITAL MANAGEMENT 7,510 5,299
EQUITY LIFESTYLE PROPERTIES (ELS) REIT ARISTOTLE CAPITAL MANAGEMENT 4,785 5,925
SBA COMMUNICATIONS CORP (SBAC) PRINCIPAL GLOBAL INVESTORS 4,087 6,596
ALPHABET INC/CA-CL A (GOOGL) JENSEN INVESTMENT MGMT 12,649 22,769
DEUTSCHE TELEKOM AG (DTEGY) SPONSORED ADR CAUSEWAY INTERNATIONAL VAL ADR 6,217 6,443
LIBERTY MEDIA CORP-LIB-NEW-C (FWONK) PRINCIPAL GLOBAL INVESTORS 1,608 3,283
LIBERTY MEDIA CORP-LIB-NEW-A (FWONA) PRINCIPAL GLOBAL INVESTORS 118 232
LIVE NATION ENTERTAINMENT INC (LYV) PRINCIPAL GLOBAL INVESTORS 3,633 6,458
TENCENT HOLDINGS LTD (TCEHY) UNSPON ADR CAUSEWAY INTERNATIONAL VAL ADR 2,056 1,814
ATMOS ENERGY CORP (ATO) ARISTOTLE CAPITAL MANAGEMENT 7,650 7,765
BROOKFIELD INFRASTRUCTURE-A (BIPC) SEDOL BJP50C4 ISIN CA11275Q1072 PRINCIPAL 6,148 6,915
BROOKFIELD RENEWABLE COR CL-A (BEPC) SEDOL BMW8YT2 ISIN CA11284V1058 PRINCIP 3,916 2,965
ENEL SAP (ENLAY) ADR CAUSEWAY INTERNATIONAL VAL ADR 6,640 7,255
IBERDROLA SA (IBDRY)SPON ADR CAUSEWAY INTERNATIONAL VAL ADR 2,588 2,888
RWE AG (RWEOY) SPONSORED ADR REPSTG ORD PAR CAUSEWAY INTERNATIONAL VAL ADR 3,929 4,010
XCEL ENERGY INC (XEL) ARISTOTLE CAPITAL MANAGEMENT 7,789 6,810
ISHARES CORE S&P SMALL CAP ETF (IJR) PNC 158,003 242,047
VANGUARD MID CAP (VO) ETF PNC 200,513 281,960
FIDELITY INTERNATIONAL INDEX (FSPSX) INSTITUTIONAL PREMIUM CLASS PNC 1,178,141 1,383,432
FIDELITY 500 INDEX FD-AI (FXAIX) PNC 2,128,918 2,792,988
SEAFARER OVERSEAS GROWTH & (SIGIX) INCOME INSTL CLASS FD # 11602 PNC 157,317 173,346
TOUCHSTONE SANDS EM GR-INST (TSEGX) FUND# 565 PNC 138,031 146,834

TY 2023 LegalFeesSchedule
Name:
FARM CREDIT FOUNDATION FOR AGRICULTURAL
 
ADVANCEMENT
EIN:
81-0945517
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 285 0 0 285


TY 2023 OtherDecreasesSchedule
Name:
FARM CREDIT FOUNDATION FOR AGRICULTURAL
 
ADVANCEMENT
EIN:
81-0945517
Description Amount
CASH BASIS GRANTS NOT CLEARED BY YEAR-END 10,000


TY 2023 OtherExpensesSchedule
Name:
FARM CREDIT FOUNDATION FOR AGRICULTURAL
 
ADVANCEMENT
EIN:
81-0945517
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PNC BANK FEES 198 0 0 198


TY 2023 OtherIncomeSchedule2
Name:
FARM CREDIT FOUNDATION FOR AGRICULTURAL
 
ADVANCEMENT
EIN:
81-0945517
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INVESTMENT INCOME 95 95  


TY 2023 OtherProfessionalFeesSchedule
Name:
FARM CREDIT FOUNDATION FOR AGRICULTURAL
 
ADVANCEMENT
EIN:
81-0945517
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 47,600 47,600 0 0
SURVEY MONKEY 10,888 0 0 10,888


TY 2023 TaxesSchedule
Name:
FARM CREDIT FOUNDATION FOR AGRICULTURAL
 
ADVANCEMENT
EIN:
81-0945517
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DELAWARE FRANCHISE TAX 25 0 0 25
FEDERAL EXCISE TAX 3,250 0 0 0