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
Appelt Family Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)3701 Kirby Dr 1030
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Houston, TX77098
A Employer identification number

20-8438048
B Telephone number (see instructions)

(713) 524-7200
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$14,561,870J 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) 10,759
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 153,892 153,892  
5a Gross rents............ 49,850 49,850  
b Net rental income or (loss) -5,371
6a Net gain or (loss) from sale of assets not on line 10 805,009
b Gross sales price for all assets on line 6a 3,270,299
7 Capital gain net income (from Part IV, line 2)... 805,009
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
9,723 9,723  
12 Total. Add lines 1 through 11........ 1,029,233 1,018,474  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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
2,268 2,268   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,700 1,850   1,850
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
109,024 79,024   30,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
47,526 46,374   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 127 0   127
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
12,885 12,885   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 175,530 142,401   31,977
25 Contributions, gifts, grants paid....... 206,050 206,050
26 Total expenses and disbursements. Add lines 24 and 25 381,580 142,401   238,027
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 647,653
b Net investment income (if negative, enter -0-) 876,073
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 210,631 311,270 311,270
2 Savings and temporary cash investments......... 106,804 121,498 121,498
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) 347,633 Click to see attachment
List of Attached Documents:
// Content
408,371 		399,644
b Investments—corporate stock (attach schedule)....... 3,063,819 Click to see attachment
List of Attached Documents:
// Content
4,437,312 		4,547,320
c Investments—corporate bonds (attach schedule)....... 1,014,296 Click to see attachment
List of Attached Documents:
// Content
597,214 		587,815
11 Investments—land, buildings, and equipment: basis right arrow3,915,436
Less: accumulated depreciation (attach schedule) right arrow   4,400,371 Click to see attachment
List of Attached Documents:
// Content
3,915,436 		8,470,380
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 123,837 Click to see attachment
List of Attached Documents:
// Content
123,943 		123,943
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) 9,267,391 9,915,044 14,561,870
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 9,267,391 9,915,044
29 Total net assets or fund balances (see instructions)..... 9,267,391 9,915,044
30 Total liabilities and net assets/fund balances (see instructions). 9,267,391 9,915,044
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
9,267,391
2
Enter amount from Part I, line 27a .....................
2
647,653
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,915,044
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
9,915,044
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 Capital gain distributions      
c Partnership passthrough capital gain P    
d Land - Bastrop Cty 16.854 A Res A H-71 D 2022-12-20 2023-03-31
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 1,799,014   1,864,649 -65,635
b 19,230     19,230
c 55     55
d 1,452,000   600,641 851,359
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       -65,635
b       19,230
c       55
d       851,359
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 2 805,009
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 12,177
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 12,177
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 12,177
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 5,691
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 5,691
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 6,486
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 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 arrowTX
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 arrowGary Clayton Telephone no.right arrow (713) 333-7215

Located atright arrow3701 Kirby Dr Ste 1030HoustonTX ZIP+4right arrow77098
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Julie S TysorClick to see attachment
List of Attached Documents:
// Content
President, Director
5.00 		30,000 0 0
3701 Kirby Dr Ste 1030
Houston,TX77098
Gary L Appelt VP, Director
1.00 		0 0 0
3701 Kirby Dr Ste 1030
Houston,TX77098
Kenneth L Appelt Director
1.00 		0 0 0
3701 Kirby Dr Ste 1030
Houston,TX77098
Amy Appelt Wallingford Director
1.00 		0 0 0
3701 Kirby Dr Ste 1030
Houston,TX77098
Carrie Appelt Richardson Director
1.00 		0 0 0
3701 Kirby Dr Ste 1030
Houston,TX77098
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 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
4,909,515
b
Average of monthly cash balances.......................
1b
750,208
c
Fair market value of all other assets (see instructions)................
1c
8,951,857
d
Total (add lines 1a, b, and c).........................
1d
14,611,580
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
14,611,580
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
219,174
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,392,406
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
719,620
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
719,620
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
12,177
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
12,177
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
707,443
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
707,443
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
707,443
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
238,027
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
238,027
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 7 707,443
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 205,812
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$ 238,027
a Applied to 2022, but not more than line 2a 205,812
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		Click to see attachment
List of Attached Documents:
// Content
0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 32,215
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 .......... 		675,228
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

Animal Shelter Volunteers of Texas

PO Box 476
Montgomery,TX77356 		N/A PC General Support 10,000

Brazos Valley Food Bank

PO Box 74
Bryan,TX77806 		N/A PC General Support 25,000

Camp For All

3701 Kirby Dr Suite 570
Houston,TX77098 		N/A PC General Support 50,000

Far View Horse Rescue

PO Box 1529
Fairplay,CO80440 		N/A PC General Support 10,000

Patriot Legacy Fund

3920 Suwanee Bend Dr
Suwanee,GA30024 		N/A PC General Support 25,000

Robert Conte Foundation for Parkinson's

17850 Rock Prairie Rd
College Station,TX77845 		N/A PC General Support 20,350

Round Top Family Library

206 W Mill St PO Box 245
Round Top,TX78954 		N/A PC General Support 20,350

Texas Louisiana Gulf Coast Synod

PO Box 99
La Grange,TX78945 		N/A PC General Support 25,000

Vail Health Foundation

PO Box 1529
Vail,CO81658 		N/A PC General Support 20,350
Total .................................right arrow 3a 206,050
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 ........... 		         
4 Dividends and interest from securities ....     14 153,892  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 -5,371  
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 805,009  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPartnership K-1 income 		    14 9,723  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 963,253 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
963,253
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
Appelt Family Foundation
 
Employer identification number

20-8438048
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
Appelt Family Foundation
  		Employer identification number
20-8438048
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
The Estate of Leslie L Appelt
 
3701 Kirby Drive Suite 1030
 
Houston, TX77098

$ 10,759


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
Appelt Family Foundation
  		Employer identification number

20-8438048
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
Appelt Family Foundation
  		Employer identification number

20-8438048
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
Appelt Family Foundation
EIN:
20-8438048
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax compliance 3,700 1,850   1,850

TY 2023 AppliedToPriorYearElection
Name:
Appelt Family Foundation
EIN:
20-8438048
Election:
Pursuant to Code Sec. 4942(h) and Reg 53.4942(a)-3(d)(2) the foundation hereby elects to treat current year qualifying distributions in excess of the immediately preceding tax year's undistributed income as being made out of undistributed income from designated prior years in the following amounts:Tax Year Amount December 31, 2018 $2,817December 31, 2019 $5,005December 31, 2020 $4,925December 31, 2021 $6,504

TY 2023 CompensationExplanation
Name:
Appelt Family Foundation
EIN:
20-8438048
Person Name Explanation
Julie S Tysor The foundation paid a management fee of $60,000 to The Appelt Company, reported on Part I, Line 16c, for ordinary and necessary personal services performed for the foundation during the tax year. Julie Tysor is employed by The Appelt Company. She is not employed or compensated by the foundation. The fee is not paid to Julie Tysor directly, but it is estimated that approximately half of the fee is attributed to her services performed for the foundation. The foundation is making this disclosure pursuant to revised IRS guidance per Announcement 2021-18.

TY 2023 InvestmentsCorpBondsSchedule
Name:
Appelt Family Foundation
EIN:
20-8438048
Name of Bond End of Year Book Value End of Year Fair Market Value
15000 Amgen Inc 2.4500% 02/21/30 13,582 13,319
11000 Astrazeneca Finance LLC 2.2500% 05/28/31 10,038 9,499
28000 Bank Of America Corp 1.6580% 03/11/27 26,055 25,910
35000 Bank Of America Corp 2.5720% 10/20/32 30,642 29,074
14000 Blackrock Inc 2.1000% 02/25/32 12,172 11,689
37000 Citigroup Inc 1.4620% 06/09/27 34,240 33,874
10000 Comcast Corp New 1.5000% 02/15/31 8,427 8,207
21000 CVS Health Corp 5.0000% 02/20/26 20,990 21,107
12000 Goldman Sachs Group Inc 2.6400% 02/24/28 11,557 11,127
18000 Goldman Sachs Group Inc 5.8413% 10/21/24 17,730 17,977
38000 JPMorgan Chase & Co 1.0400% 02/04/27 35,100 34,938
7000 JPMorgan Chase & Co 1.4700% 09/22/27 6,432 6,343
10000 JPMorgan Chase & Co 1.5780% 04/22/27 9,301 9,231
28000 Morgan Stanley 0.7900% 05/30/25 27,132 27,374
20000 Morgan Stanley 1.5930% 05/04/27 18,591 18,436
18000 Sempra 5.4000% 08/01/26 17,943 18,247
49000 US Bancorp 2.2150% 01/27/28 46,100 45,061
5000 BP Cap Mkts Amer Inc 3.5880% 04/14/27 4,948 4,851
18000 BP Cap Mkts Amer Inc 3.9370% 09/21/28 18,107 17,638
25000 Metlife Inc 4.5500% 03/23/30 25,799 25,154
20000 Oracle Corp 1.6500% 03/25/26 18,809 18,665
10000 Oracle Corp 2.9500% 04/01/30 9,016 9,033
27000 AT&T Inc 1.7000% 03/25/26 25,584 25,271
10000 AT&T Inc 2.2500% 02/01/32 8,489 8,272
56000 Verizon Communications Inc 1.7500% 01/20/31 47,127 45,996
31000 BP Cap Mkts PLC 3.2790% 09/19/27 30,419 29,827
28000 B.A.T. Intl Fin plc 1.6680% 03/25/26 26,283 26,018
39000 Shell International Fin Bv 2.7500% 04/06/30 36,601 35,677

TY 2023 InvestmentsCorpStockSchedule
Name:
Appelt Family Foundation
EIN:
20-8438048
Name of Stock End of Year Book Value End of Year Fair Market Value
142 shs Apple Inc 24,173 27,339
113 shs Abbvie Inc 16,931 17,512
22 shs Adobe Systems Inc 9,741 13,125
197 shs American Electric Power Co Inc 18,243 16,000
58 shs Amgen Inc 14,238 16,705
300 shs Amazon.Com Inc 44,924 45,582
300 shs Conagra Foods Inc 10,297 8,598
112 shs Crown Castle Inc. 19,528 12,901
52 shs Salesforce Inc 9,952 13,683
68 shs Chevron Corp 10,632 10,143
372 shs Dominion Energy Inc 26,495 17,484
264 shs Duke Energy Corp 26,954 25,618
59 shs Estee Lauder Company 10,787 8,629
12 shs Equinix Inc 8,978 9,665
135 shs Entergy Corp. 14,198 13,661
141 shs Gilead Sciences Inc 9,256 11,422
17 shs WW Grainger, Inc 8,553 14,088
1243 shs Huntington Bancshares Inc 17,104 15,811
24 shs Intercontinental Exchange Inc 2,634 3,082
107 shs Intel Corp. 5,073 5,377
14 shs Intuit Inc 5,948 8,750
31 shs Intuitive Surgical Inc 8,552 10,458
142 shs Kimberly Clark Corp 18,976 17,254
167 shs Coca Cola Co 9,869 9,841
458 shs Kenvue Inc 9,213 9,861
9 shs Eli Lilly & Co 2,837 5,246
84 shs Meta Platforms Inc. Class A 19,394 29,733
50 shs Marsh & McLennan Cos 8,053 9,473
196 shs Monster Beverage Corp New 8,137 11,291
139 shs Microsoft Corp 41,429 52,269
86 shs NextEra Energy, Inc. 6,518 5,224
45 shs Netflix Inc 14,034 21,910
81 shs Nike Inc Class B 9,540 8,794
70 shs Nvidia Corp 16,255 34,665
141 shs Realty Income Corp 9,296 8,096
56 shs Palo Alto Networks Inc 10,746 16,513
54 shs Paychex Inc 6,329 6,432
469 shs Pfizer, Inc. 21,275 13,502
301 shs Philip Morris International 30,219 28,318
122 shs PNC Financial Services Group Inc 19,607 18,892
344 shs PPL Corporation 9,441 9,322
97 shs PayPal Holdings Inc 10,443 5,957
102 shs RTX CORPORATION 9,990 8,582
35 shs Sherwin Williams Co. 8,839 10,916
270 shs Southern Company 19,005 18,932
29 shs S&P Global Inc 11,384 12,775
33 shs Splunk Inc 4,208 5,028
32 shs Stryker Corp 7,178 9,583
950 shs AT&T Inc. 18,669 15,941
32 shs Atlassian Corporation Class A 8,921 7,612
411 shs Truist Financial Corporation 19,691 15,174
71 shs Target Corp 8,701 10,112
30 shs Thermo Fisher Scientific Inc 16,034 15,924
20 shs Tesla Motors Inc 3,099 4,970
210 shs Uber Technologies Inc 7,057 12,930
38 shs United Health Group Inc 19,201 20,006
35 shs Union Pacific Corp. 7,959 8,597
118 shs United Parcel Service Inc Class B 21,564 18,553
445 shs US Bancorp Del New 19,973 19,260
110 shs Visa Inc Class A 24,170 28,639
700 shs Verizon Communications Inc 33,153 26,390
36 shs Workday Inc 8,162 9,938
665 shs Williams Company Inc 22,165 23,162
162 shs Xcel Energy Inc 9,574 10,029
50 shs Zoetis Inc 8,992 9,869
113 shs Alcon Inc 8,466 8,828
1090 shs Amcor Plc 12,725 10,508
54 shs Aptiv PLC 6,195 4,845
14 shs ASML Holdings N V NY Reg Shs 7,899 10,597
520 shs BCE Inc (Canada) 26,917 20,478
400 shs British American Tobacco Spons ADR (U.K.) 16,705 11,716
259 shs Canadian Imperial Bank of Commerce 13,370 12,468
642 shs Enbridge Inc 27,896 23,125
55 shs Eaton Corp PLC 8,219 13,245
234 shs Lyondellbasell Industries NV Shs Class A 20,871 22,249
142 shs Medtronic PLC Shs 11,582 11,698
365 shs National Grid PLC Sponsored ADR (UK) 26,065 24,816
212 shs Sanofi ADR (France) 10,753 10,543
433 shs TC Energy Corp 20,691 16,926
491 shs TotalEnergies SE Sponsored ADS 26,261 33,084
163 shs Unilever PLC ADR New (United Kingdom) 8,022 7,902
1560 shs Vanguard Total Stock Market ETF 331,565 370,063
2645 shs iShares Russell Mid-Cap Growth ETF 247,742 276,297
2244 shs iShares Russell Mid-Cap Value ETF 250,247 260,955
5467.696 shs Harbor Small Cap Value Ret 218,700 210,889
2863.664 shs Nationwide Geneva Small Cap Growth IS 211,400 224,483
13254.958 shs MFS International Equity R6 402,650 436,618
2578.845 shs T. Rowe Price International Discovery I 170,850 162,880
7126.055 shs Harding Loevner Inst'l Emerging Mkts 141,450 131,262
10503.145 shs Pzena Emerging Markets Value Instl 133,600 128,033
7318.316 shs Federated Hermes Corporate Bond Strategy 77,527 73,842
67192.996 shs Federated Hermes Mortgage Strategy 583,703 573,156
15637.296 shs DoubleLine Emerging Markets Fixed Inc I 143,550 136,514
14232.496 shs Aristotle Floating Rate Income Fund Cl I2 136,550 135,920
7346.567 shs Calamos Market Neutral Income I 104,600 104,174
11471.075 shs Goldman Sachs Absolute Return Tracker Instl 108,050 108,058

TY 2023 InvestmentsGovtObligationsSch
Name:
Appelt Family Foundation
EIN:
20-8438048
US Government Securities - End of Year Book Value:

408,371
US Government Securities - End of Year Fair Market Value:

399,644
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsLandSchedule2
Name:
Appelt Family Foundation
EIN:
20-8438048
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Fayette Cty, 50%, 15.572A 39,865 0 39,865 75,000
Orange Cty-55.79%-305.878 AC 436,417 0 436,417 2,012,880
Bastrop Cty PF 8-1-5 12,699 0 12,699 30,000
Bastrop Cty PF 7-2-9-CVForest 23,582 0 23,582 30,000
Bastrop Cty PF 7-2-8-CVForest 23,582 0 23,582 30,000
Bastrop Cty PF 7-2-7-CVForest 23,582 0 23,582 30,000
Bastrop Cty PF 7-2-10-CVForest 23,582 0 23,582 30,000
Bastrop Cty PF 8-1-4 12,699 0 12,699 30,000
Bastrop Cty PF 7-1-51 34,326 0 34,326 50,000
Bastrop Cty PF 9-2-1 12,699 0 12,699 30,000
Bastrop Cty PF 8-1-6 12,699 0 12,699 30,000
Bastrop Cty PF 9-2-5&6 25,399 0 25,399 60,000
Bastrop Cty PhII-6-12-24 2,000 0 2,000 10,000
Bastrop Cty Ph III-7-2-4 2.082 13,013 0 13,013 30,000
Bastrop Cty-127.004 Ac-Orchard 657,932 0 657,932 1,000,000
Bastrop Cty-552.271 Ac Ranch 2,116,686 0 2,116,686 4,000,000
Bastrop Cty 17.986 AC Higgins 90,000 0 90,000 160,000
Bastrop Cty 50% UDI-5.833 Ac 82,500 0 82,500 82,500
Bastrop Cty 50% UDI-244.745 Ac 272,174 0 272,174 750,000

TY 2023 InvestmentsOtherSchedule2
Name:
Appelt Family Foundation
EIN:
20-8438048
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Lamesa Properties, Ltd AT COST 123,943 123,943

TY 2023 LegalFeesSchedule
Name:
Appelt Family Foundation
EIN:
20-8438048
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal fees - investment related 2,268 2,268   0


TY 2023 OtherExpensesSchedule
Name:
Appelt Family Foundation
EIN:
20-8438048
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Insurance - property 12,885 12,885   0


TY 2023 OtherIncomeSchedule2
Name:
Appelt Family Foundation
EIN:
20-8438048
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Partnership K-1 income 9,723 9,723 9,723


TY 2023 OtherProfessionalFeesSchedule
Name:
Appelt Family Foundation
EIN:
20-8438048
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Management fees 60,000 30,000   30,000
Investment management fees 49,024 49,024   0


TY 2023 TaxesSchedule
Name:
Appelt Family Foundation
EIN:
20-8438048
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise taxes paid 1,152 0   0
Foreign taxes paid 4,038 4,038   0
Property tax 42,336 42,336   0