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
WILLIAM M CAGE LIBRARY TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)315 WILLIAM STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FREDERICKSBURG, VA22401
A Employer identification number

54-6350104
B Telephone number (see instructions)

(540) 373-5033
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$1,820,078J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 64 64  
4 Dividends and interest from securities... 59,142 59,142  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,948
b Gross sales price for all assets on line 6a 1,948
7 Capital gain net income (from Part IV, line 2)... 1,948
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).......      
12 Total. Add lines 1 through 11........ 61,154 61,154  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 12,661 3,165   9,496
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,115 750   2,365
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
4,992 4,992   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,936 0   1,936
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,704 8,907   13,797
25 Contributions, gifts, grants paid....... 77,565 77,565
26 Total expenses and disbursements. Add lines 24 and 25 100,269 8,907   91,362
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -39,115
b Net investment income (if negative, enter -0-) 52,247
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............. 13,209 10,340 10,340
2 Savings and temporary cash investments......... 37,911 7,383 7,383
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)....... 423,021 Click to see attachment
List of Attached Documents:
// Content
421,441 		1,657,493
c Investments—corporate bonds (attach schedule).......      
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).......... 164,748 Click to see attachment
List of Attached Documents:
// Content
160,265 		143,617
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
900 		Click to see attachment
List of Attached Documents:
// Content
1,245 		Click to see attachment
List of Attached Documents:
// Content
1,245
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 639,789 600,674 1,820,078
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 639,789 600,674
29 Total net assets or fund balances (see instructions)..... 639,789 600,674
30 Total liabilities and net assets/fund balances (see instructions). 639,789 600,674
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
639,789
2
Enter amount from Part I, line 27a .....................
2
-39,115
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
600,674
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
600,674
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 CAPITAL GAINS DIVIDENDS P    
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 1,948     1,948
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       1,948
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 1,948
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) 1 726
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........................... 3 726
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- ..... 5 726
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 2,880
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 2,880
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 2,154
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow2,154 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 arrowVA
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 arrowMARK C WILLIS TRUSTEE Telephone no.right arrow (540) 373-5033

Located atright arrow315 WILLIAM STFREDERICKSBURGVA ZIP+4right arrow22401
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)
 
No
(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
 
 
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
MARK C WILLIS TRUSTEE
4.00 		12,661 0 0
315 WILLIAM ST
FREDERICKSBURG,VA22401
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
1,686,256
b
Average of monthly cash balances.......................
1b
58,982
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,745,238
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
1,745,238
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
26,179
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,719,059
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
85,953
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
85,953
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
726
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
726
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
85,227
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
85,227
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
85,227
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
91,362
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
91,362
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 85,227
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 77,565
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$ 91,362
a Applied to 2022, but not more than line 2a 77,565
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 13,797
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 .......... 		71,430
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:
MARK C WILLIS
315 WILLIAM STREET
FREDERICKSBURG,VA22401
(540) 373-5033
bThe form in which applications should be submitted and information and materials they should include:
AWARDS TO QUALIFYING LIBRARIES ARE REQUIRED TO BE USED FOR LIBRARY OPERATIONS AS SET FORTH IN THE WILL.
cAny submission deadlines:
SEPTEMBER 1 OF EACH YEAR
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
RECIPIENTS MUST BE A LIBRARY LOCATED IN THE STATE OF VIRGINIA, MAXIMUM GRANT $500.OO PER YEAR AND PER RECIPIENT.
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

AG WRIGHT MIDDLE SCHOOL

100 WOOD DR
STAFFORD,VA22556 		NONE   LIBRARY GRANTS 500

ACCAWMACKE ELEMENTARY SCHOOL

26230 DRUNIMONDTOWN RD
ACCOMACK,VA23420 		NONE   LIBRARY GRANTS 500

ALBERT HARRIS ELEMENTARY

710 SMITH RD
MARTINSVILLE,VA24112 		NONE   LIBRARY GRANTS 500

ANNE E MONCURE ELEMENTARY SCHOOL

120 JUGGINS RD
STAFFORD,VA22556 		NONE   LIBRARY GRANTS 500

ANTHONY BURNS ELEMENTARY

60 GALLERY RD
STAFFORD,VA22554 		NONE   LIBRARY GRANTS 500

ARCADIA HIGH SCHOOL

8210 LANKFORD HWY
OAK HALL,VA23416 		NONE   LIBRARY GRANTS 500

ARCADIA MIDDLE SCHOOL

29485 HORSEY RD
OAK HALL,VA23416 		NONE   LIBRARY GRANTS 500

BATTLEFIELD ELEMENTARY SCHOOL

11108 LEAVELLS RD
FREDERICKSBURG,VA22407 		NONE   LIBRARY GRANTS 500

BATTLEFIELD MIDDLE SCHOOL

11120 LEAVELLS RD
FREDERICKSBURG,VA22407 		NONE   LIBRARY GRANTS 500

BERKELEY ELEMENTARY SCHOOL

5979 PARTLOW RD
SPOTSYLVANIA,VA22553 		NONE   LIBRARY GRANTS 500

BRIGHTON ELEMENTARY

1100 PORTSMOUTH BLVD
PORTSMOUTH,VA23704 		NONE   LIBRARY GRANTS 500

BROCK ROAD ELEMENTARY SCHOOL

10207 BROCK RD
SPOTSYLVANIA,VA22553 		NONE   LIBRARY GRANTS 500

BROOKE POINT HIGH SCHOOL

1700 COURTHOUSE RD
STAFFORD,VA22554 		NONE   LIBRARY GRANTS 500

CARLISLE SCHOOL

PO BOX 5388
MARTINSVILLE,VA24115 		NONE   LIBRARY GRANTS 500

CAROLINE COUNTY PUBLIC SCHOOLS

16261 RICHMOND TURNPIKE
BOWLING GREEN,VA22427 		NONE   LIBRARY GRANTS 2,500

CARROLLTON ELEMENTARY SCHOOL

14440 NEW TOWNE HAVEN LN
CARROLLTON,VA23314 		NONE   LIBRARY GRANTS 500

CEDAR FOREST ELEMENTARY SCHOOL

3412 MASSAPONAX CHURCH RD
FREDERICKSBURG,VA22408 		NONE   LIBRARY GRANTS 500

CENTRAL RAPPAHANNOCK REGIONAL LIBRARY

125 OLDE GREENWICH DR
FREDERICKSBURG,VA22408 		NONE   LIBRARY GRANTS 2,500

CHANCELLOR ELEMENTARY SCHOOL

5995 PLANK RD
FREDERICKSBURG,VA22407 		NONE   LIBRARY GRANTS 500

CHANCELLOR HIGH SCHOOL

6300 HARRISON RD
FREDERICKSBURG,VA22407 		NONE   LIBRARY GRANTS 500

CHANCELLOR MIDDLE SCHOOL

6320 HARRISON RD
FREDERICKSBURG,VA22407 		NONE   LIBRARY GRANTS 500

CHINCOTEAGUE ELEMENTARY SCHOOL

6078 HALLIE WHEALTON SMITH DR
CHINCOTEAGUE,VA23336 		NONE   LIBRARY GRANTS 500

CHINCOTEAGUE HIGH SCHOOL

4586 MAIN ST
CHINCOTEAGUE,VA23336 		NONE   LIBRARY GRANTS 500

CHURCHLAND ACADEMY

4061 RIVER SHORE RD
PORTSMOUTH,VA23703 		NONE   LIBRARY GRANTS 500

CHURCHLAND ELEMENTARY SCHOOL

5601 MICHAEL LN
PORTSMOUTH,VA23703 		NONE   LIBRARY GRANTS 500

CHURCHLAND HIGH SCHOOL

4301 CEDAR LN
PORTSMOUTH,VA23703 		NONE   LIBRARY GRANTS 500

CHURCHLAND MIDDLE SCHOOL

4051 RIVER SHORE RD
PORTSMOUTH,VA23703 		NONE   LIBRARY GRANTS 500

CHURCHLAND PRIMARY & INTERMEDIATE SCHOOL

6700 HEDGEROW LN
PORTSMOUTH,VA23703 		NONE   LIBRARY GRANTS 500

COLONIAL FORGE HIGH SCHOOL

550 COURTHOUSE RD
STAFFORD,VA22554 		NONE   LIBRARY GRANTS 500

CONWAY ELEMENTARY SCHOOL

105 PRIMMER HOUSE RD
FREDERICKSBURG,VA22405 		NONE   LIBRARY GRANTS 500

COURTHOUSE ROAD ELEMENTARY SCHOOL

9911 COURTHOUSE RD
SPOTSYLVANIA,VA22553 		NONE   LIBRARY GRANTS 500

COURTLAND ELEMENTARY SCHOOL

6601 SMITH STATION RD
SPOTSYLVANIA,VA22553 		NONE   LIBRARY GRANTS 500

COURTLAND HIGH SCHOOL

6701 SMITH STATION RD
SPOTSYLVANIA,VA22553 		NONE   LIBRARY GRANTS 500

CRADOCK MIDDLE SCHOOL

21 ALDEN AVE
PORTSMOUTH,VA23702 		NONE   LIBRARY GRANTS 500

DIXON-SMITH MIDDLE SCHOOL

503 DEACON RD
FREDERICKSBURG,VA22405 		NONE   LIBRARY GRANTS 500

DOUGLAS PARK ELEMENTARY SCHOOL

34 GRAND ST
PORTSMOUTH,VA23701 		NONE   LIBRARY GRANTS 500

DUDLEY PRIMARY SCHOOD

1840 TAZEWELL AVE
BLUEFIELD,VA24805 		NONE   LIBRARY GRANTS 500

EDWARD DREW MIDDLE SCHOOL

501 CAMBRIDGE ST
FREDERICKSBURG,VA22405 		NONE   LIBRARY GRANTS 500

FALMOUTH ELEMENTARY SCHOOL

1000 FORBES ST
FALMOUTH,VA22405 		NONE   LIBRARY GRANTS 500

FERRY FARM ELEMENTARY

20 PENDLETON RD
FREDERICKSBURG,VA22405 		NONE   LIBRARY GRANTS 500

FREEDOM MIDDLE SCHOOL

7315 SMITH STATION RD
FREDERICKSBURG,VA22407 		NONE   LIBRARY GRANTS 500

GARRISONVILLE ELEMENTARY SCHOOL

100 WOOD DR
STAFFORD,VA22556 		NONE   LIBRARY GRANTS 500

GRAFTON VILLAGE ELEMENTARY SCHOOL

601 DEACON RD
FREDERICKSBURG,VA22405 		NONE   LIBRARY GRANTS 500

GRAHAM HIGH SCHOOL

210 VALLEYDALE ST
BLUEFIELD,VA24605 		NONE   LIBRARY GRANTS 500

GRAHAM INTERMEDIATE SCHOOL

808 GREEVER AVE
BLUEFIELD,VA24605 		NONE   LIBRARY GRANTS 500

GRYMES MEMORIAL SCHOOL LIBRARY

13775 SPICERS MILL RD
ORANGE,VA22960 		NONE   LIBRARY GRANTS 500

H H POOLE MIDDLE SCHOOL

800 EUSTACE RD
STAFFORD,VA22554 		NONE   LIBRARY GRANTS 500

HAMPTON OAKS ELEMENTARY SCHOOL

107 NORTHHAMPTON BLVD
STAFFORD,VA22554 		NONE   LIBRARY GRANTS 500

HARDY ELEMENTARY SCHOOL

9311 HARDY CIRCLE
SMITHFIELD,VA23430 		NONE   LIBRARY GRANTS 500

HARRISON ROAD ELEMENTARY SCHOOL

6230 HARRISON RD
FREDERICKSBURG,VA22407 		NONE   LIBRARY GRANTS 500

HARTWOOD ELEMENTARY SCHOOL

14 SHACKELFORD WELL RD
HARTWOOD,VA22406 		NONE   LIBRARY GRANTS 500

HODGES MANOR ELEMENTARY SCHOOL

1201 CHEROKEE RD
PORTSMOUTH,VA23701 		NONE   LIBRARY GRANTS 500

HUGH MERCER ELEMENTARY SCHOOL

2100 COWAN BLVD
FREDERICKSBURG,VA22401 		NONE   LIBRARY GRANTS 500

IC NORCUM HIGH SCHOOL

1801 LONDON BLVD
PORTSMOUTH,VA23704 		NONE   LIBRARY GRANTS 500

J SARGEANT REYNOLDS COMMUNITY COLLEGE

1651 EAST PARHAM RD
RICHMOND,VA26924 		NONE   LIBRARY GRANTS 500

JAMES MONROE HIGH SCHOOL

2300 WASHINGTON AVE
FREDERICKSBURG,VA22401 		NONE   LIBRARY GRANTS 500

JOHN TYLER ELEMENTARY SCHOOL

3649 HARTFORD DR
PORTSMOUTH,VA23707 		NONE   LIBRARY GRANTS 500

KATE WALLER BARRETT ELEMENTARY SCHOOL

150 DUFFEY DR
STAFFORD,VA22556 		NONE   LIBRARY GRANTS 500

KEGOTANK ELEMENTARY SCHOOL

PO BOX 28
MAPPSVILLE,VA23407 		NONE   LIBRARY GRANTS 500

KING GEORGE ELEMENTARY SCHOOL

10381 RIDGE RD
KING GEORGE,VA22485 		NONE   LIBRARY GRANTS 500

KING GEORGE HIGH SCHOOL

10100 FOXES WAY
KING GEORGE,VA22485 		NONE   LIBRARY GRANTS 500

KING GEORGE MIDDLE SCHOOL

8246 DAHLGREN RD
KING GEORGE,VA22485 		NONE   LIBRARY GRANTS 500

LAFAYETTE UPPER ELEMENTARY SCHOOL

3 LEARNING LN
FREDERICKSBURG,VA22401 		NONE   LIBRARY GRANTS 500

LAKEVIEW ELEMENTARY SCHOOL

1300 HOME AVE
PORTSOUTH,VA23701 		NONE   LIBRARY GRANTS 500

LAUREL LANE ELEMENTARY

112 LAUREL LN
WILLIAMSBURG,VA23185 		NONE   LIBRARY GRANTS 500

LEE HILL ELEMENTARY SCHOOL

3600 LEE HILL SCHOOL DR
FREDERICKSBURG,VA22408 		NONE   LIBRARY GRANTS 500

LEGAL AID WORKS

500 LAFAYETTE BLVD SUITE 100
FREDERICKSBURG,VA22401 		NONE   LIBRARY GRANTS 1,065

LIVINGSTON ELEMENTARY SCHOOL

6057 COURTHOUSE RD
SPOTSYLVANIA,VA22551 		NONE   LIBRARY GRANTS 500

MARGARET BRENT ELEMENTARY SCHOOL

2125 MOUNTAIN VIEW RD
STAFFORD,VA22556 		NONE   LIBRARY GRANTS 500

MARTINSVILLE HIGH SCHOOL

351 COMMONWEALTH BLVD E
MARTINSVILLE,VA24112 		NONE   LIBRARY GRANTS 500

MARTINSVILLE MIDDLE SCHOOL

201 BROWN ST
MARTINSVILLE,VA24112 		NONE   LIBRARY GRANTS 500

MASSAPONAX HIGH SCHOOL

8201 JEFFERSON DAVIS HWY
FREDERICKSBURG,VA22407 		NONE   LIBRARY GRANTS 500

METOMPKIN ELEMENTARY SCHOOL

24501 PARKSLEY RD
PARKSLEY,VA23421 		NONE   LIBRARY GRANTS 500

MONTROSS MIDDLE SCHOOL

8884 MENOKIN RD
MONTROSS,VA22520 		NONE   LIBRARY GRANTS 500

MOUNTAIN VIEW HIGH SCHOOL

2135 MOUNTAIN VIEW RD
STAFFORD,VA22556 		NONE   LIBRARY GRANTS 500

NANDUA HIGH SCHOOL

26350 LANKFORD HWY
ONLEY,VA23418 		NONE   LIBRARY GRANTS 500

NI RIVER MIDDLE SCHOOL

11632 CATHARPIN RD
SPOTSYLVANIA,VA22553 		NONE   LIBRARY GRANTS 500

NORTH STAFFORD HIGH SCHOOL

839 GARRISONVILLE RD
STAFFORD,VA22554 		NONE   LIBRARY GRANTS 500

OCCOHANNOCK ELEMENTARY SCHOOL

4208 SEASIDE RD
EXMORE,VA23350 		NONE   LIBRARY GRANTS 500

ORANGE COUNTY LIBRARY

146 N MADISON RD A
ORANGE,VA22960 		NONE   LIBRARY GRANTS 500

PARK RIDGE ELEMENTARY SCHOOL

2000 PARKWAY BLVD
STAFFORD,VA22554 		NONE   LIBRARY GRANTS 500

PARKSIDE ELEMENTARY SCHOOL

5620 SMITH STATION RD
FREDERICKSBURG,VA22407 		NONE   LIBRARY GRANTS 500

PATRICK HENRY ELEMENTARY SCHOOL

4643 TANEY AVE
ALEXANDRIA,VA22304 		NONE   LIBRARY GRANTS 500

POST OAK MIDDLE SCHOOL

6959 COURTHOUSE RD
SPOTSYLVANIA,VA22553 		NONE   LIBRARY GRANTS 500

POTOMAC ELEMENTARY SCHOOL

16495 15TH ST
KING GEORGE,VA22485 		NONE   LIBRARY GRANTS 500

PUNGOTEAGUE ELEMENTARY SCHOOL

28480 BOBTOWN RD
MELFA,VA23410 		NONE   LIBRARY GRANTS 500

RAPPAHANNOCK HIGH SCHOOL

6914 RICHMOND RD
WARSAW,VA22572 		NONE   LIBRARY GRANTS 500

RICHLAND HIGH SCHOOL

138 TORNADO ALLEY
RICHLANDS,VA24641 		NONE   LIBRARY GRANTS 500

RICHLANDS MIDDLE SCHOOL

294 LEARNING LN
RICHLANDS,VA24541 		NONE   LIBRARY GRANTS 500

RICHMOND COUNTY ELEMENTARY SCHOOL

361 WALNUT ST
WARSAW,VA22572 		NONE   LIBRARY GRANTS 500

RICHMOND COUNTY MIDDLE SCHOOL

361 WALNUT ST
WARSAW,VA22572 		NONE   LIBRARY GRANTS 500

RIVERBEND HIGH SCHOOL

12301 SPOTSWOOD FURNACE RD
FREDERICKSBURG,VA22407 		NONE   LIBRARY GRANTS 500

RIVERVIEW ELEMENTARY SCHOOL

7001 N ROXBURY MILL RD
SPOTSYLVANIA,VA22551 		NONE   LIBRARY GRANTS 500

ROANOKE COUNTY SCHOOLS

5937 COVE RD
ROANOKE,VA24019 		NONE   LIBRARY GRANTS 12,000

ROCKHILL ELEMENTARY SCHOOL

50 WOOD DR
STAFFORD,VA22556 		NONE   LIBRARY GRANTS 500

ROCKY RUN ELEMENTARY SCHOOL

95 RESERVOIR RD
FREDERICKSBURG,VA22406 		NONE   LIBRARY GRANTS 500

RODNEY E THOMPSON MIDDLE SCHOOL

75 WALPOLE ST
STAFFORD,VA22554 		NONE   LIBRARY GRANTS 500

SALEM ELEMENTARY SCHOOL

4501 JACKSON RD
FREDERICKSBURG,VA22407 		NONE   LIBRARY GRANTS 500

SEALSTON ELEMENTARY SCHOOL

11048 FLETCHERS CHAPEL RD
KING GEORGE,VA22485 		NONE   LIBRARY GRANTS 500

SHIRLEY C HEIM MIDDLE SCHOOL

320 TELEGRAPH RD
STAFFORD,VA22554 		NONE   LIBRARY GRANTS 500

SIMONSDALE ELEMENTARY SCHOOL

4841 CLIFFORD ST
PORTSMOUTH,VA23701 		NONE   LIBRARY GRANTS 500

SMITH STATION ELEMENTARY SCHOOL

7320 SMITH STATION RD
FREDERICKSBURG,VA22407 		NONE   LIBRARY GRANTS 500

SOUTHWESTERN ELEMENTARY SCHOOL

4410 AIRLINE BLVD
CHESAPEAKE,VA23321 		NONE   LIBRARY GRANTS 500

SPOTSWOOD ELEMENTARY SCHOOL

400 LORRAINE AVE
FREDERICKSBURG,VA22408 		NONE   LIBRARY GRANTS 500

SPOTSYLVANIA ELEMENTARY SCHOOL

7415 BROCK RD
SPOTSYLVANIA,VA22553 		NONE   LIBRARY GRANTS 500

SPOTSYLVANIA HIGH SCHOOL

6975 COURTHOUSE RD
SPOTSYLVANIA,VA22551 		NONE   LIBRARY GRANTS 500

SPOTSYLVANIA MIDDLE SCHOOL

8801 COURTHOUSE RD
SPOTSYLVANIA,VA22553 		NONE   LIBRARY GRANTS 500

STAFFORD ELEMENTARY SCHOOL

1349 COURTHOUSE RD
STAFFORD,VA22554 		NONE   LIBRARY GRANTS 500

STAFFORD HIGH SCHOOL

33 STAFFORD INDIAN LN
FREDERICKSBURG,VA22405 		NONE   LIBRARY GRANTS 500

STAFFORD MIDDLE SCHOOL

101 SPARTAN DR
STAFFORD,VA22554 		NONE   LIBRARY GRANTS 500

T BENTON GAYLE MIDDLE SCHOOL

100 PANTHER DR
FREDERICKSBURG,VA22406 		NONE   LIBRARY GRANTS 500

TANGIER COMBINED SCHOOL

4375 SCHOOL LN
TANGIER,VA23440 		NONE   LIBRARY GRANTS 500

TAZEWELL HIGH SCHOOL

167 COSBY LN
TAZEWELL,VA24651 		NONE   LIBRARY GRANTS 500

TAZEWELL MIDDLE SCHOOL

367 HOPE ST
TAZEWELL,VA24651 		NONE   LIBRARY GRANTS 500

THORNBURG MIDDLE SCHOOL

6929 N ROXBURY MILL RD
SPOTSYLVANIA,VA22551 		NONE   LIBRARY GRANTS 500

VICTORY ELEMENTARY SCHOOL

12001 TYGART LAKE DR
BRISTOW,VA20136 		NONE   LIBRARY GRANTS 500

WALKER GRANT MIDDLE SCHOOL

ONE LEARNING LN
FREDERICKSBURG,VA22401 		NONE   LIBRARY GRANTS 500

WESTHAVEN ELEMENTARY SCHOOL

3701 CLIFFORD ST
PORTSMOUTH,VA23707 		NONE   LIBRARY GRANTS 500

WIDEWATER ELEMENTARY SCHOOL

101 DEN RICH RD
STAFFORD,VA22554 		NONE   LIBRARY GRANTS 500

WILDERNESS ELEMENTARY SCHOOL

11600 CATHARPIN RD
SPOTSYLVANIA,VA22553 		NONE   LIBRARY GRANTS 500

WILLIAM E WATERS MIDDLE SCHOOL

600 ROOSEVELT BLVD
PORTSMOUTH,VA23701 		NONE   LIBRARY GRANTS 500

WINDING CREEK ELEMENTARY SCHOOL

475 WINDING CREEK RD
STAFFORD,VA22554 		NONE   LIBRARY GRANTS 500

WOODROW WILSON HIGH SCHOOL

1401 ELMHURST LN
PORTSMOUTH,VA23701 		NONE   LIBRARY GRANTS 500
Total .................................right arrow 3a 77,565
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 64  
4 Dividends and interest from securities ....     14 59,142  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    14 1,948  
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 61,154 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
61,154
(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:
WILLIAM M CAGE LIBRARY TRUST
EIN:
54-6350104
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION AND ACCOUNTING 3,115 750   2,365

TY 2023 InvestmentsCorpStockSchedule
Name:
WILLIAM M CAGE LIBRARY TRUST
EIN:
54-6350104
Name of Stock End of Year Book Value End of Year Fair Market Value
TRUIST FINANCIAL CORP 1890 SHARES 47,715 69,779
BAXTER INTERNATIONAL 1928 SHARES 17,470 74,537
CAPITAL ONE FINANCIAL 2500 SHARES 21,112 327,800
CISCO SYSTEMS 250 SHARES 16,849 12,630
CISCO SYSTEMS 250 SHARES 5,763 12,630
CONICO PHILLIPS 600 SHARES 2,465 69,642
CONSTELLATION ENERGY, 1326 SHARES 10,376 154,996
DTE ENERGY 469 SHARES 3,600 51,712
DT MIDSTREAM 234 SHARES 654 12,823
DUKE ENERGY 234 SHARES 14,223 32,314
EXELON CORP 3978 SHARES 24,630 142,810
FIRST ENERGY CORP 286 SHARES 5,518 10,485
FIRST ENERGY CORP 714 SHARES 10,616 26,175
J P MORGAN CHASE 1000 SHARES 42,931 170,100
J P MORGAN CHASE 1200 SHARES 42,579 204,120
EVERSOURCE ENERGY 2624 SHARES 25,908 161,953
PHILLIPS 66 300 SHARES 733 39,942
MEDICAL PROPERTIES TRUST, 2300 SHARES 54,396 11,293
ENBRIDGE INC 1500 SHARES 63,650 54,030
ENBRIDGE INC 492 SHARES 10,253 17,722

TY 2023 InvestmentsOtherSchedule2
Name:
WILLIAM M CAGE LIBRARY TRUST
EIN:
54-6350104
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
COHEN & STEERS REIT & PDF INCOME FD 1000 SHARES AT COST 30,628 20,160
EQUITY COMMONWEALTH 1250 SHARES AT COST 47,155 24,000
EATON VANCE TAX MANAGED GLOBAL FUND 1000 SHARES AT COST 10,418 7,720
NATIONAL HEALTH INVESTORS INC 1000 SHARES AT COST 21,004 55,850
NUVEEN MULTI ASSET INCOME FUND 1172 SHARES AT COST 25,986 14,416
NUVEEN NASDAQ 100 DYNAMIC OVERWRITE FUND 702 SHARES AT COST 11,927 16,251
NUVEEN CREDIT STRATAGIES INCOME FUND 1000 SHARES AT COST 13,147 5,220

TY 2023 OtherAssetsSchedule
Name:
WILLIAM M CAGE LIBRARY TRUST
EIN:
54-6350104
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DIVIDENDS IN TRANSIT 900 1,245 1,245


TY 2023 OtherExpensesSchedule
Name:
WILLIAM M CAGE LIBRARY TRUST
EIN:
54-6350104
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SUPPLIES 77 0   77
COMISSIONER OF ACCOUNTS 1,723 0   1,723
CLERK OF COURT 18 0   18
BANK CHARGES 118 0   118


TY 2023 TaxesSchedule
Name:
WILLIAM M CAGE LIBRARY TRUST
EIN:
54-6350104
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX ON INVESTMENT INCOME 4,992 4,992   0