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
RUTH M HUGHES SCHOLARSHIP TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1558 DEPT EA5W86
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
COLUMBUS, OH43216
A Employer identification number

31-6442501
B Telephone number (see instructions)

(330) 438-1180
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$7,093,021J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 175,090 174,130  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 15,758
b Gross sales price for all assets on line 6a 1,731,554
7 Capital gain net income (from Part IV, line 2)... 15,758
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,994    
12 Total. Add lines 1 through 11........ 192,842 189,888  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 67,503 33,751   33,751
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,250 0 0 1,250
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,312 1,312   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
200     200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 70,265 35,063 0 35,201
25 Contributions, gifts, grants paid....... 290,200 290,200
26 Total expenses and disbursements. Add lines 24 and 25 360,465 35,063 0 325,401
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -167,623
b Net investment income (if negative, enter -0-) 154,825
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 205,998 104,690 104,690
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,229,879 Click to see attachment
List of Attached Documents:
// Content
5,184,720 		6,988,331
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)..........     0
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) 5,435,877 5,289,410 7,093,021
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 5,435,877 5,289,410
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 5,435,877 5,289,410
30 Total liabilities and net assets/fund balances (see instructions). 5,435,877 5,289,410
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
5,435,877
2
Enter amount from Part I, line 27a .....................
2
-167,623
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
21,157
4
Add lines 1, 2, and 3 ..........................
4
5,289,411
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,289,410
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 380. ABBVIE INC   2022-06-28 2023-02-23
b 874. ADVANCED MICRO DEVICES INC W/1   2020-05-08 2023-02-23
c 516. APPLE COMPUTER   2020-03-04 2023-02-23
d 625. BAXTER INTERNATIONAL INC   2018-02-21 2023-02-23
e 212. BOEING CO   2020-05-08 2023-02-23
550. CAPITAL ONE FINANCIAL CORP W/1   2017-01-06 2023-02-23
249. CHEVRONTEXACO CORP   2019-06-28 2023-02-23
312. DISNEY (WALT) CO   2020-05-08 2023-02-23
537. DOW INC   2021-03-12 2023-02-23
676. EDWARDS LIFESCIENCES CORP   2018-02-21 2023-02-23
362. ELECTRONIC ARTS INC   2022-06-28 2023-02-23
4966.07 GOLDMAN SACHS TR   2019-01-09 2023-02-23
212. HOME DEPOT INC.   2018-02-21 2023-02-23
126. HUMANA INC W/1 RT/SH   2021-03-12 2023-02-23
275. ILLINOIS TOOL WORKS INC COM   2018-02-21 2023-02-23
300. INTUITIVE SURGICAL INC   2020-05-08 2023-02-23
18558.38 MORGAN STANLEY INSTL FD INC   2020-09-30 2023-02-23
400. NIKE INC CL B   2020-05-08 2023-02-23
46. NVIDIA CORP   2021-03-12 2023-02-23
625. SYSCO CORP   2020-05-08 2023-02-23
350. WEC ENERGY GROUP INC   2019-06-28 2023-02-23
38692.79 WESTERN ASSET FDS INC   2020-04-28 2023-02-23
.67 VERALTO CORP.   2023-02-27 2023-10-24
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 57,615   58,432 -817
b 68,434   52,524 15,910
c 76,131   39,307 36,824
d 25,206   42,362 -17,156
e 43,743   32,969 10,774
59,164   46,957 12,207
40,171   30,623 9,548
31,234   33,789 -2,555
30,383   34,593 -4,210
51,281   30,384 20,897
40,001   45,716 -5,715
48,320   51,105 -2,785
62,489   40,062 22,427
63,723   50,998 12,725
63,629   44,471 19,158
69,947   54,126 15,821
390,839   462,089 -71,250
47,480   36,014 11,466
10,756   5,902 4,854
47,781   32,837 14,944
31,661   29,259 2,402
365,647   461,218 -95,571
46   59 -13
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
      5,873
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       -817
b       15,910
c       36,824
d       -17,156
e       10,774
      12,207
      9,548
      -2,555
      -4,210
      20,897
      -5,715
      -2,785
      22,427
      12,725
      19,158
      15,821
      -71,250
      11,466
      4,854
      14,944
      2,402
      -95,571
      -13
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 15,758
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 2,152
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 2,152
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 2,152
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 1,668
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,668
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 9 484
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow0 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowOH
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 .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowHUNTINGTON NATIONAL BANK Telephone no.right arrow (330) 438-1180

Located atright arrowPO BOX 1558 DEPT EA5W86COLUMBUSOH ZIP+4right arrow43216
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
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
 
No
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
CHARLES WALKER SELECTION COMMITTEE
1 		0    
4012 DUTCH LANE
JOHNSTOWN,OH43031
WAYNE PHILLIPS II SELECTION COMMITTEE
1 		0    
320 MAIN ST
ZANESVILLE,OH43701
THOMAS SEIBER SELECTION COMMITTEE
1 		0    
422 MAIN ST
ZANESVILLE,OH43702
HUNTINGTON NATIONAL BANK TRUSTEE
1 		67,503    
PO BOX 1558 DEPT EA5W86
COLUMBUS,OH43216
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
6,452,602
b
Average of monthly cash balances.......................
1b
204,877
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
6,657,479
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
6,657,479
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
99,862
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,557,617
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
327,881
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
327,881
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
2,152
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,152
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
325,729
4
Recoveries of amounts treated as qualifying distributions................
4
17,200
5
Add lines 3 and 4............................
5
342,929
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
342,929
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
325,401
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
325,401
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 7 342,929
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 0
e From 2022...... 17,976
f Total of lines 3a through e ........ 17,976
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 325,401
a Applied to 2022, but not more than line 2a 0
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..... 325,401
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 17,528 17,528
(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 5 448
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 .......... 		0
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 ...... 		448
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
d Excess from 2022.... 448
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:
HUNTINGTON NATIONAL BANK
422 MAIN ST
ZANESVILLE,OH43702
(740) 455-7060
bThe form in which applications should be submitted and information and materials they should include:
ATTACHMENT IS AVAILABLE UPON REQUEST
cAny submission deadlines:
MAY 1ST EACH YEAR
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
MUST BE A GRADUATE OF MUSKINGUM COUNTY HIGH SCHOOL
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

OHIO UNIVERSITY

16W GREEN DR
ATHENS,OH45701 		NONE I SCHOLARSHIPS 20,000

UNIVERSITY OF CINCINNATI

2600 CLIFTON AVE
CINCINNATI,OH45221 		NONE I SCHOLARSHIPS 18,200

HOCKING COLLEGE

3301 HOCKING PKWY
NELSONVILLE,OH45764 		NONE I SCHOLARSHIPS 2,400

BOWLING GREEN STATE UNIVERSITY

110 MCFALL CENTER
BOWLING GREEN,OH43403 		NONE I SCHOLARSHIPS 6,400

COLUMBUS STATE COMMUNITY

5100 CORNERSTONE DRIVE
DELAWARE,OH43015 		NONE PC GENERAL OPERATING 2,400

ALLEGHENY COLLEGE

520 N MAIN ST
MEADVILLE,OH16335 		NONE I SCHOLARSHIPS 1,400

OHIO STATE UNIVERSITY

500 MARKET ST STE 512
STEUBENVILLE,OH439522847 		NONE I SCHOLARSHIPS 22,400

UNIVERSITY OF DAYTON

300 COLLEGE PARK AVE
DAYTON,OH454690001 		NONE I SCHOLARSHIPS 3,000

MOUNT VERNON NAZARENE UNIVERSITY

8OO MARTINSBURG RD
MT VERNON,OH430500000 		NONE I SCHOLARSHIPS 3,000

CAPITAL UNIVERSITY

1 COLLEGE AND MAIN
COLUMBUS,OH432097812 		NONE I SCHOLARSHIPS 6,800

MUSKINGUM UNIVERSITY

163 STORMONT ST
NEW CONCORD,OH437621118 		NONE I SCHOLARSHIPS 46,800

OTTERBEIN UNIVERSITY

1 S GROVE ST
WESTERVILLE,OH430812004 		NONE I SCHOLARSHIPS 3,000

MARIETTA COLLEGE

215 FIFTH STREET
MARIETTA,OH457504033 		NONE I SCHOLARSHIPS 9,400

OHIO WESLEYAN UNIVERSITY

61 S SANDUSKY ST
DELAWARE,OH430152333 		NONE I SCHOLARSHIPS 3,000

KENT STATE UNIVERSITY

PO BOX 5190
KENT,OH442420001 		NONE I SCHOLARSHIPS 14,200

MIAMI UNIVERSITY

501 E HIGH ST
OXFORD,OH450561846 		NONE I SCHOLARSHIPS 6,400

ASHLAND UNIVERSITY

401 COLLEGE AVE
ASHLAND,OH448053702 		NONE I SCHOLARSHIPS 3,000

UNIVERSITY OF MOUNT UNION

1972 CLARK AVE
ALLIANCE,OH446013929 		NONE I SCHOLARSHIPS 4,000

WALSH UNIVERSITY

2020 E MAPLE ST
N CANTON,OH447203336 		NONE I SCHOLARSHIPS 1,400

OHIO NORTHERN UNIVERSITY

525 SOUTH MAIN STREET
ADA,OH458106000 		NONE I SCHOLARSHIPS 1,000

UNIVERSITY OF FINDLAY

1000 N MAIN ST
FINDLAY,OH458403653 		NONE I SCHOLARSHIPS 7,000

YOUNGSTOWN STATE UNIVERSITY FOUNDATION

655 WICK AVENUE
YOUNGSTOWN,OH445020000 		NONE I SCHOLARSHIPS 6,800

UNIVERSITY OF EVANSVILLE

1800 LINCOLN AVE
EVANSVILLE,IN477221000 		NONE I SCHOLARSHIPS 2,400

BRIGHAM YOUNG UNIVERSITY

A-153 ASB
PROVO,UT846021014 		NONE I SCHOLARSHIPS 2,400

WEST VIRGINIA WESLEYAN COLLEGE

59 COLLEGE AVE
BUCKHANNON,WV262010000 		NONE I SCHOLARSHIPS 2,000

GLENVILLE STATE UNIVERSITY

200 HIGH ST
GLENVILLE,WV263511200 		NONE I SCHOLARSHIPS 2,400

HIGH POINT UNIVERSITY

1 UNIVERSITY PKWY
HIGH POINT,NC272680002 		NONE I SCHOLARSHIPS 2,400

VANDERBILT UNIVERSITY

2301 VANDERBILT PL
NASHVILLE,TN372407727 		NONE I SCHOLARSHIPS 3,000

HARDING UNIVERSITY

915 E MARKET AVE HU10772
SEARCY,AR721495615 		NONE I SCHOLARSHIPS 1,400

MARSHALL UNIVERSITY

1 JOHN MARSHALL DR
HUNTINGTON,WV25755 		NONE I SCHOLARSHIPS 2,400

HUNTINGTON UNIVERSITY

2303 COLLEGE AVE
HUNTINGTON,IN46750 		NONE I SCHOLARSHIPS 2,400

SHAWNEE STATE UNIVERSITY

940 2ND ST
PORTSMOUTH,OH45662 		NONE I SCHOLARSHIPS 2,000

WRIGHT STATE UNIVERSITY

3640 COLONEL GLENN HWY
DAYTON,OH45435 		NONE I SCHOLARSHIPS 2,400

EDINBORO UNIVERSITY

219 MEADVILLE ST
EDINBORO,PA16444 		NONE I SCHOLARSHIPS 3,000

MARYVILLE UNIVERSITY

C/O HUNTINGTON BANK PO BOX 1558 E
COLUMBUS,OH43216 		NONE I SCHOLARSHIPS 3,000

OHIO UNIVERSITY ZANESVILLE

C/O HUNTINGTON BANK PO BOX 1558 E
COLUMBUS,OH43216 		NONE I SCHOLARSHIPS 20,600

UNIVERSITY OF AKRON

C/O HUNTINGTON BANK PO BOX 1558 E
COLUMBUS,OH43216 		NONE I SCHOLARSHIPS 4,200

UNIVERSITY OF KENTUCKY

C/O HUNTINGTON BANK PO BOX 1558 E
COLUMBUS,OH43216 		NONE I SCHOLARSHIPS 1,400

WEST LIBERTY UNIVERSITY

C/O HUNTINGTON BANK PO BOX 1558 E
COLUMBUS,OH43216 		NONE I SCHOLARSHIPS 4,400

WEST VIRGINIA UNIVERSITY

C/O HUNTINGTON BANK PO BOX 1558 E
COLUMBUS,OH43216 		NONE I SCHOLARSHIPS 2,400

CHATHAM UNIVERSITY

WOODLAND RD
PITTSBURGH,PA15232 		NONE I SCHOLARSHIPS 2,000

FRANKLIN UNIVERSITY

201 S GRANT AVE
COLUMBUS,OH432155399 		NONE I SCHOLARSHIPS 3,000

FULL SAIL UNIVERSITY

3300 UNIVERSITY BLVD
WINTER PARK,FL327927429 		NONE I SCHOLARSHIPS 3,000

GEORGE MASON UNIVERSITY

4400 UNIVERSITY DR
FAIRFAX,VA220304444 		NONE I SCHOLARSHIPS 2,000

INDIANA UNIVERSITY

420 UNIVERSITY BLVD
INDIANAPOLIS,IN46202 		NONE I SCHOLARSHIPS 3,000

ITHACA COLLEGE

953 DANBY RD
ITHACA,NY148507000 		NONE I SCHOLARSHIPS 3,000

PENSACOLA CHRISTIAN COLLEGE

250 BRENT LN
PENSACOLA,MI32503 		NONE I SCHOLARSHIPS 6,000

ROSE HULMAN INSTITUTE OF TECH

5500 WABASH AVE
TERRE HAUTE,OH47803 		NONE I SCHOLARSHIPS 5,000

SAINT FRANCIS UNIVERSITY

PO BOX 600
LORETTO,PA15940 		NONE I SCHOLARSHIPS 3,000

UNIVERSITY OF MISSOURI

ONE UNIVERSITY BOULEVARD
SAINT LOUIS,MO631214400 		NONE I SCHOLARSHIPS 2,000

UNIVERSITY OF UTAH

201 PRESIDENTS CIRCLE
SALT LAKE CITY,UT841129008 		NONE I SCHOLARSHIPS 2,000
Total .................................right arrow 3a 290,200
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 175,090  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 15,758  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFEDERAL TAX REFUND 		    1 1,994  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   192,842  
13Total. Add line 12, columns (b), (d), and (e)..................
13
192,842
(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:
RUTH M HUGHES SCHOLARSHIP TRUST
EIN:
31-6442501
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,250     1,250

TY 2023 ExplnOfNonFilingWithAGStmt
Name:
RUTH M HUGHES SCHOLARSHIP TRUST
EIN:
31-6442501
Statement:
The Ohio Attorney General requires that charitable organizations operating or organized within the State submit an annual registration through an online portal that highlights key information from the Form 990-PF for public disclosure purposes. The Trust completes this registration as required in lieu of furnishing a copy of its Form 990-PF to comply with the specific reporting instructions of the State of Ohio.

TY 2023 InvestmentsCorpStockSchedule
Name:
RUTH M HUGHES SCHOLARSHIP TRUST
EIN:
31-6442501
Name of Stock End of Year Book Value End of Year Fair Market Value
72201F623 PIMCO FDS 205,707 136,523
28176E108 EDWARDS LIFESCIENCES    
512807108 LAM RESH CORP    
592905749 METROPOLITAN WEST FD 192,226 178,616
023135106 AMAZON COM INC 77,748 133,707
478160104 JOHNSON & JOHNSON 48,845 58,778
67066G104 NVIDIA CORP 70,702 446,688
824348106 SHERWIN WILLIAMS CO 47,920 64,563
92939U106 WEC ENERGY GROUP INC    
31428Q739 FEDERATED TOTAL RETU 533,717 480,157
40168W483 GUGGENHEIM FDS TR 375,092 369,494
543916688 LORD ABBETT INVT TR 517,060 474,888
552982720 MFS SER TR XIII 83,607 108,472
02079K305 ALPHABET INC 54,603 136,896
09247X101 BLACKROCK INC    
452308109 ILLINOIS TOOL WKS IN    
713448108 PEPSICO INC 28,164 36,006
91913Y100 VALERO ENERGY CORP N 13,386 81,250
G1151C101 ACCENTURE PLC-CL A 40,435 87,377
649280815 NEW WORLD FD INC NEW 218,507 258,770
464287804 ISHARES TR 110,818 174,283
007903107 ADVANCED MICRO DEVIC    
032654105 ANALOG DEVICES INC 28,186 99,280
14040H105 CAPITAL ONE FINL COR    
437076102 HOME DEPOT INC    
74340W103 PROLOGIS INC 53,066 108,373
882508104 TEXAS INSTRS INC 42,417 68,184
91324P102 UNITEDHEALTH GROUP I 46,098 98,976
46138E511 INVESCO EXCHANGE-TRA    
097023105 BOEING CO    
166764100 CHEVRON CORP NEW    
22822V101 CROWN CASTLE INC 40,109 35,939
337738108 FISERV INC 26,973 50,346
55261F104 M & T BK CORP 43,445 36,052
594918104 MICROSOFT CORP 36,685 260,972
742718109 PROCTER & GAMBLE CO 46,933 60,374
H1467J104 CHUBB LTD 30,517 62,150
00507V109 ACTIVISION BLIZZARD    
071813109 BAXTER INTL INC    
701094104 PARKER-HANNIFIN CORP 62,203 143,738
957663503 WESTERN ASSET FDS IN    
89155T649 TOUCHSTONE FDS GROUP 236,947 331,456
025816109 AMERICAN EXPRESS CO 12,403 13,301
22160K105 COSTCO WHOLESALE COR 16,605 58,087
532457108 LILLY ELI & CO 29,741 116,584
65339F101 NEXTERA ENERGY INC 5,671 36,444
773903109 ROCKWELL AUTOMATION 12,675 13,351
871829107 SYSCO CORP    
61756E461 MORGAN STANLEY INSTL    
46120E602 INTUITIVE SURGICAL I    
46625H100 JPMORGAN CHASE & CO 39,253 112,606
654106103 NIKE INC    
92826C839 VISA INC 32,603 120,282
31420B847 FEDERATED HERMES INS 137,665 127,697
38144N841 GOLDMAN SACHS TR    
037833100 APPLE INC 61,939 161,340
254687106 DISNEY WALT CO    
149123101 CATERPILLAR INS 51,072 66,526
260557103 DOW INC    
35671D857 FREEPORT-MCMORAN INC    
244199105 DEERE & CO 55,813 60,380
88160R101 TESLA INC 56,488 61,126
038222105 APPLIED MATLS INC    
464285204 ISHARES GOLD TRUST E    
444859102 HUMANA INC    
169656105 CHIPOTLE MEXICAN GRI 53,788 84,618
46428Q109 ISHARES SILVER TRUST    
285512109 ELECTRONIC ARTS INC    
744320102 PRUDENTIAL FINL INC 57,880 60,463
00287Y109 ABBVIE INC    
539830109 LOCKHEED MARTIN CORP 38,688 41,245
00724F101 ADOBE SYS INC 11,677 21,478
025537101 AMERICAN ELEC PWR CO 12,525 11,127
036752103 ANTHEM INC 12,557 12,261
053015103 AUTOMATIC DATA PROCE 12,543 13,046
060505104 BANK AMER CORP 12,616 12,256
09857L108 BOOKING HLDGS INC 12,585 17,736
21036P108 CONSTELLATION BRANDS 12,670 13,538
235851102 DANAHER CORP 11,121 11,567
25243Q205 DIAGEO PLC 12,513 10,342
256677105 DOLLAR GEN CORP NEW 11,870 7,477
26875P101 EOG RES INC 12,136 12,821
291011104 EMERSON ELEC CO 12,580 14,794
30231G102 EXXON MOBIL CORP 12,588 11,398
32008F200 FIRST EAGLE FDS 375,000 391,209
543487136 LOOMIS SAYLES FDS II 475,514 488,312
580135101 MCDONALDS CORP 12,207 13,639
64110L106 NETFLIX INC 12,123 18,015
666807102 NORTHROP GRUMMAN COR 12,329 12,172
674599105 OCCIDENTAL PETE CORP 12,625 12,778
723787107 PIONEER NAT RES CO 12,312 13,718
7591EP100 REGIONS FINL CORP NE 12,769 10,504
79466L302 SALESFORCE.COM INC 12,469 19,999
81762P102 SERVICENOW INC 12,172 19,782
855244109 STARBUCKS CORP 12,215 11,425
872590104 T-MOBILE US INC 12,358 13,628
922031737 VANGUARD FIXED INCOM 62,403 61,919
92338C103 VERALTO CORP. 1,409 1,316
931142103 WAL MART STORES INC 12,434 13,716

TY 2023 OtherDecreasesSchedule
Name:
RUTH M HUGHES SCHOLARSHIP TRUST
EIN:
31-6442501
Description Amount
TAX LOT BASIS ADJUSTMENT 1


TY 2023 OtherExpensesSchedule
Name:
RUTH M HUGHES SCHOLARSHIP TRUST
EIN:
31-6442501
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE FILING/TAX PAYMENT 200 0   200


TY 2023 OtherIncomeSchedule2
Name:
RUTH M HUGHES SCHOLARSHIP TRUST
EIN:
31-6442501
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FEDERAL TAX REFUND 1,994 0  


TY 2023 OtherIncreasesSchedule
Name:
RUTH M HUGHES SCHOLARSHIP TRUST
EIN:
31-6442501
Description Amount
RECOVERY OF GRANTS PAID 17,200
MUTUAL FUND TIMING ADJ 3,957


TY 2023 TaxesSchedule
Name:
RUTH M HUGHES SCHOLARSHIP TRUST
EIN:
31-6442501
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 1,184 1,184   0
FOREIGN TAXES ON NONQUALIFIED 128 128   0