TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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 05-01-2023 , and ending 04-30-2024

Name of foundation
THE DAVID S WALKER JR CHARITABLE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 653067
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
DALLAS, TX752653067

A Employer identification number

30-6437817

B Telephone number (see instructions)

(888) 866-3275

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$14,494,383J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	286,963		285,207
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		300,819
b	Gross sales price for all assets on line 6a 3,273,478
7	Capital gain net income (from Part IV, line 2)...			300,819
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).......
12	Total. Add lines 1 through 11........	587,782		586,026
13	Compensation of officers, directors, trustees, etc.	120,672		72,403		48,269
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).......	List of Attached Documents: // Content	1,550	930	0	620
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	7	7		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	13,330	936		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).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	135,559		74,276	0	48,889
25	Contributions, gifts, grants paid.......	595,000				595,000
26	Total expenses and disbursements. Add lines 24 and 25	730,559		74,276	0	643,889
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-142,777
b	Net investment income (if negative, enter -0-)			511,750
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............		-67,961	-67,961
	2	Savings and temporary cash investments.........	52,017	240,027	240,027
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,122,813	List of Attached Documents: // Content 1,107,487	1,115,353
	b	Investments—corporate stock (attach schedule).......	6,331,564	List of Attached Documents: // Content 6,074,809	13,206,964
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	7,506,394	7,354,362	14,494,383
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	7,506,394	7,354,362
	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).....	7,506,394	7,354,362
	30	Total liabilities and net assets/fund balances (see instructions).	7,506,394	7,354,362

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

7,506,394

Enter amount from Part I, line 27a .....................

-142,777

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

7,363,617

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

9,255

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

7,354,362

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	1040. ABBOTT LABORATORIES		2016-08-29	2023-05-15
b	730. ABBVIE INC SHS		2016-08-29	2023-05-15
c	845. APPLE INC COM		2016-08-29	2023-05-15
d	520.291 BLACKROCK EVENT DRIVEN EQUITY FUND CL INSTL		2022-07-14	2023-05-15
e	110. ISHARES CORE S&P MID CAP ETF		2021-08-13	2023-05-15
	865. ISHARES MSCI GLOBAL METALS AND MINING PR		2023-01-25	2023-05-15
	215. MICROSOFT CORPORATION		2016-08-29	2023-05-15
	205. NORFOLK SOUTHERN CORP		2016-08-29	2023-05-15
	1550. ISHARES CORE HIGH DIVIDEND ETF		2022-08-24	2023-06-05
	220. ISHARES MSCI GLOBAL METALS AND MINING PR		2023-01-25	2023-06-05
	450000. U.S. TREASURY NOTE 0.125% AUG 31 2023		2023-01-27	2023-08-31
	150000. U.S. TREASURY NOTE 1.375% SEP 30 2023		2023-01-25	2023-09-30
	550000. U.S. TREASURY NOTE 1.375% SEP 30 2023		2023-01-27	2023-09-30
	1670. ISHARES MSCI GLOBAL METALS AND MINING PR		2023-01-25	2023-10-20
	90. ALBEMARLE CORPORATION		2023-02-07	2023-10-31
	180. ALBEMARLE CORPORATION		2023-02-22	2023-10-31
	680. DEVON ENERGY CORPORATION		2022-01-10	2023-11-08
	850. DEVON ENERGY CORPORATION		2021-11-30	2023-11-08
	785. MEDTRONIC PLC SHS		2016-08-29	2023-11-08
	155. MEDTRONIC PLC SHS		2015-10-29	2023-11-08
	460. ISHARES CORE S&P US VALUE ETF		2022-01-10	2023-12-15
	20762. BLACKROCK EVENT DRIVEN EQUITY FUND CL INSTL		2022-07-14	2024-01-31
	.493 BLACKROCK EVENT DRIVEN EQUITY FUND CL INSTL		2022-07-14	2024-02-02
	215. BHP BILLITON LIMITED ADR		2022-04-06	2024-02-07
	230. BHP BILLITON LIMITED ADR		2022-04-06	2024-02-07
	2745. VANECK GOLD MINERS ETF MINERS ETF		2023-01-25	2024-02-07
	420. VANECK GOLD MINERS ETF MINERS ETF		2023-06-05	2024-02-07
	1600. SPDR S P METALS MINING		2023-01-25	2024-02-08
	255. ALTRIA GROUP INC		2016-08-29	2024-02-12
	250. APPLE INC COM		2016-08-29	2024-02-12
	690. ISHARES CORE S&P US VALUE ETF		2022-01-10	2024-02-12
	1675. ISHARES CORE S&P US VALUE ETF		2021-08-18	2024-02-12
	95. ISHARES CORE S&P US VALUE ETF		2022-07-08	2024-02-12
	455000. U.S. TREASURY NOTE 2.750% FEB 15 2024		2023-09-05	2024-02-15
	190. ISHARES TR CORE MSCI EAF ETF		2016-11-30	2024-04-29
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	114,498	44,990	69,508
b	107,162	47,187	59,975
c	145,416	22,575	122,841
d	5,000	5,047	-47
e	26,779	30,018	-3,239
	34,925	40,108	-5,183
	66,481	12,545	53,936
	43,739	19,108	24,631
	154,263	161,826	-7,563
	8,754	10,201	-1,447
	450,000	438,293	11,707
	150,000	146,637	3,363
	550,000	537,883	12,117
	61,589	77,433	-15,844
	11,276	24,969	-13,693
	22,553	44,488	-21,935
	30,075	32,568	-2,493
	37,594	36,282	1,312
	56,027	68,358	-12,331
	11,063	11,312	-249
	38,415	35,106	3,309
	206,374	201,391	4,983
	5	5
	12,971	16,677	-3,706
	13,876	17,840	-3,964
	75,320	89,775	-14,455
	11,524	13,272	-1,748
	89,671	88,622	1,049
	10,316	16,812	-6,496
	46,772	6,679	40,093
	59,041	52,659	6,382
	143,324	123,297	20,027
	8,129	6,454	1,675
	455,000	449,792	5,208
	13,814	10,055	3,759
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732
			1,732

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			69,508
b			59,975
c			122,841
d			-47
e			-3,239
			-5,183
			53,936
			24,631
			-7,563
			-1,447
			11,707
			3,363
			12,117
			-15,844
			-13,693
			-21,935
			-2,493
			1,312
			-12,331
			-249
			3,309
			4,983

			-3,706
			-3,964
			-14,455
			-1,748
			1,049
			-6,496
			40,093
			6,382
			20,027
			1,675
			5,208
			3,759

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	300,819
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	7,113
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	7,113
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	7,113
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	10,748
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	10,748
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	3,635
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax3,635	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

The books are in care of right arrow

BANK OF AMERICA NA Telephone no. right arrow

(888) 866-3275

Located at right arrow

PO BOX 653067DALLASTX ZIP+4 right arrow

752653067

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
BANK OF AMERICA	TRUSTEE 1	120,672
PO BOX 653067 DALLAS,TX752653067	TRUSTEE 1	120,672

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...................				0

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 arrow

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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

13,318,888

Average of monthly cash balances.......................

694,115

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

14,013,003

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

14,013,003

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

210,195

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

13,802,808

Minimum investment return. Enter 5% (0.05) of line 5................

690,140

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.)

Minimum investment return from Part IX, line 6..................

690,140

Tax on investment income for 2022 from Part V, line 5.......

7,113

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

7,113

Distributable amount before adjustments. Subtract line 2c from line 1............

683,027

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

683,027

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

683,027

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

643,889

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

643,889

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					683,027
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				574,456
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	0
b From 2019......	0
c From 2020......	0
d From 2021......	0
e From 2022......	0
f Total of lines 3a through e ........		0
4Qualifying distributions for 2023 from Part
XI, line 4: $ 643,889
a Applied to 2022, but not more than line 2a				574,456
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.....					69,433
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 ..........					613,594
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2019....	0
b Excess from 2020....	0
c Excess from 2021....	0
d Excess from 2022....	0
e Excess from 2023....	0

Form 990-PF (2023)

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2023)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
LEARNING ALLY INC 20 ROSZEL RD PRINCETON,NJ085406206	N/A	PC	UNRESTRICTED GENERAL	85,000
THE SALVATION ARMY 615 SLATERS LANE Alexandria,VA22314	N/A	PC	UNRESTRICTED GENERAL	17,000
EMMANUEL EPISCOPAL CHURCH 1214 WILMER AVE RICHMOND,VA232272405	N/A	PC	UNRESTRICTED GENERAL	85,000
BLUE RIDGE FOOD BANK PO BOX 937 VERONA,VA244820937	N/A	PC	UNRESTRICTED GENERAL	17,000
AMERICAN RED CROSS 431 18TH ST NW Washington,DC20006	N/A	PC	UNRESTRICTED GENERAL	17,000
BOYS HOME INCORPORATED 414 BOYS HOME RD COVINGTON,VA244265539	N/A	PC	UNRESTRICTED GENERAL	85,000
UNITED WAY-THOMAS JEFFERSON AREA 806 EAST HIGH STREET CHARLOTTESVILLE,VA229025126	N/A	PC	UNRESTRICTED GENERAL	17,000
PROTESTANT EPISCOPAL HIGH SCHOOL 1200 N QUAKER LN ALEXANDRIA,VA223023004	N/A	PC	UNRESTRICTED GENERAL	85,000
PATRICK HENRY BOYS AND GIRLS PLANTATION INC FOREST,VA245512779	N/A	PC	UNRESTRICTED GENERAL	85,000
SHELTERING ARMS FOUNDATION 8254 ATLEE ROAD MECHANICSVILLE,VA23111	N/A	PC	UNRESTRICTED GENERAL	17,000
CHRIST SCHOOL INC 500 CHRIST SCHOOL RD ARDEN,NC28704	N/A	PC	UNRESTRICTED GENERAL	85,000
Total ................................. 3a				595,000

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	286,963
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	300,819
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) ..				587,782

13Total. Add line 12, columns (b), (d), and (e)..................

587,782

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

THE DAVID S WALKER JR CHARITABLE FOUNDATION

EIN:

30-6437817

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE - BOA	1,550	930		620

- TIN:

TY 2023 GeneralExplanationAttachment

Name:

THE DAVID S WALKER JR CHARITABLE FOUNDATION

EIN:

30-6437817

Identifier	Return Reference	Explanation
FEDERAL FOOTNOTE	PART VIII LIST OF OFFICERS AND DIRECTORS	THE COMPENSATION SHOWN ON THE RETURN THAT IS PAID TO BANK OF AMERICA, N.A. AS CORPORATE TRUSTEE IS NOT CALCULATED BASED UPON AN HOURLY RATE FOR THE TIME SPENT BY THE TRUSTEE; RATHER, BANK OF AMERICA'S COMPENSATION AS CORPORATE TRUSTEE IS CALCULATED USING A MARKET VALUE FEE SCHEDULE. THE TRUST OFFICER'S TIME SPENT PERFORMING ADMINISTRATIVE RESPONSIBILITIES FOR THIS FOUNDATION AVERAGES ONE HOUR PER WEEK. IN ADDITION, TIME IS SPENT BY OTHER STAFF MEMBERS FOR RECORDKEEPING, INVESTMENT MANAGEMENT, INCOME COLLECTION, RENDERING STATEMENTS AND ACCOUNTINGS, REGULATORY REPORTING, REGULATORY COMPLIANCE, AND TAX SERVICES.

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

THE DAVID S WALKER JR CHARITABLE FOUNDATION

EIN:

30-6437817

Name of Stock	End of Year Book Value	End of Year Fair Market Value
46432F842 ISHARES TR CORE MSCI	114,570	155,447
30231G102 EXXON MOBIL CORP	116	98,755
548661107 LOWE'S COMPANIES INC	3,816	282,936
494368103 KIMBERLY CLARK	37,033	103,763
46625H100 JPMORGAN CHASE & CO	157,811	710,397
458140100 INTEL CORP	138,980	181,601
26875P101 EOG RESOURCES INC	57,893	95,794
674599105 OCCIDENTAL PETE CORP	55,934	58,203
369550108 GENL DYNAMICS CORP	11,212	21,532
438516106 HONEYWELL INTL INC D	10,781	21,200
666807102 NORTHROP GRUMMAN COR	27,523	53,353
907818108 UNION PACIFIC CORP	11,702	30,831
023135106 AMAZON COM INC COM	68,773	343,000
254687106 DISNEY (WALT) CO COM	34,356	37,885
654106103 NIKE INC CL B	11,799	16,607
855244109 STARBUCKS CORP	39,703	60,173
02209S103 ALTRIA GROUP INC	23,589	16,210
713448108 PEPSICO INC	123,852	203,176
718172109 PHILIP MORRIS INTL I	56,942	55,540
G5960L103 MEDTRONIC PLC SHS
002824100 ABBOTT LABS	98,200	240,552
031162100 AMGEN INC COM	30,250	47,940
883556102 THERMO FISHER SCIENT	40,320	162,085
09247X101 BLACKROCK INC	71,110	109,423
N6596X109 NXP SEMICONDUCTORS N	70,065	176,771
02079K305 ALPHABET INC SHS	21,740	81,390
037833100 APPLE INC	163,103	1,039,865
17275R102 CISCO SYSTEMS INC	22,889	31,946
57636Q104 MASTERCARD INC	49,042	229,210
594918104 MICROSOFT CORP	141,045	948,019
92826C839 VISA INC CL A SHRS	48,264	122,218
464287507 ISHARES CORE S&P MID	106,429	111,404
922908751 VANGUARD SMALL CAP	140,597	242,652
718546104 PHILLIPS 66 SHS	59,207	101,679
14040H105 CAPITAL ONE FINL	102,022	197,647
70450Y103 PAYPAL HOLDINGS INC	27,496	24,927
464287663 ISHARES CORE S&P US	118,759	151,219
166764100 CHEVRON CORP	49,995	79,345
539830109 LOCKHEED MARTIN CORP	140,419	266,405
655844108 NORFOLK SOUTHERN COR	110,454	272,929
773903109 ROCKWELL AUTOMATION	30,984	70,992
742718109 PROCTER & GAMBLE CO	54,913	102,000
00287Y109 ABBVIE INC SHS	110,211	277,301
075887109 BECTON DICKINSON CO	31,473	34,017
101137107 BOSTON SCIENTIFIC CO	33,463	88,400
478160104 JOHNSON AND JOHNSON	110,623	133,746
92532F100 VERTEX PHARMCTLS INC	57,953	137,484
79466L302 SALESFORCE INC	61,069	127,747
64128R608 NEUBERGER BERMAN LON	119,000	128,923
580135101 MCDONALDS CORP	64,519	94,199
22160K105 COSTCO WHOLESALE CRP	70,569	227,714
09061G101 BIOMARIN PHARMACEUTI	50,704	54,109
58933Y105 MERCK AND CO INC SHS	78,614	108,545
00724F101 ADOBE INC SHS	74,132	127,278
67066G104 NVIDIA	62,443	1,149,147
75513E101 RTX CORP CORP	55,008	93,906
98978V103 ZOETIS INC	46,097	55,734
09260D107 BLACKSTONE INC	66,881	179,579
714199106 PERMANENT PORTFOLIO	231,902	303,996
464287655 ISHARES TR RUSSELL 2	69,094	69,545
464287804 ISHARES CORE S&P SMA	75,272	74,639
088606108 BHP GROUP LTD
149123101 CATERPILLAR INC DEL	45,061	88,661
231021106 CUMMINS INC	41,606	55,086
244199105 DEERE CO	40,905	72,411
45167R104 IDEX CORP DELAWARE	41,917	50,706
502431109 L3HARRIS TECHNOLOGIE	42,554	49,232
759916109 REPLIGEN CORP COM	75,910	91,131
48251W104 KKR & CO INC C	41,837	112,615
617446448 MORGAN STANLEY	64,734	86,298
852234103 BLOCK INC	27,871	29,127
20825C104 CONOCOPHILLIPS	71,994	158,909
25179M103 DEVON ENERGY CORP NE
35671D857 FREEPORT-MCMORAN INC	48,581	69,666
46429B663 ISHARES CORE HIGH DI
78468R556 SPDR S AND P OIL & G	121,914	154,761
81369Y506 SECTOR SPDR ENERGY	121,939	159,919
46434G848 ISHARES MSCI GLOBAL
78464A755 SPDR S P METALS MINI
92189F106 VANECK GOLD MINERS E
16411R208 CHENIERE ENERGY	45,276	45,452
012653101 ALBEMARLE CORP
09250J734 BLACKROCK EVENT DRIV
464287671 ISHARES CORE S&P U.S	263,949	294,776
46432F339 ISHARES EDGE MSCI US	296,133	296,184
G54950103 LINDE PLC NEW	96,843	107,153
550021109 LULULEMON ATHLETICA	95,703	73,923
532457108 ELI LILLY & CO	62,728	85,921
697435105 PALO ALTO NETWORKS I	67,849	81,740
09258N703 BLACKROCK GLOBAL EQU	206,790	220,263

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

THE DAVID S WALKER JR CHARITABLE FOUNDATION

EIN:

30-6437817

US Government Securities - End of Year Book Value:

1,107,487

US Government Securities - End of Year Fair Market Value:

1,115,353

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

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

- TIN:

TY 2023 OtherDecreasesSchedule

Name:

THE DAVID S WALKER JR CHARITABLE FOUNDATION

EIN:

30-6437817

Description	Amount
COST ADJUSTMENT	2,416
ROUNDING	8
ACCRUED INTEREST	3,072
SALE ADJUSTMENT	3,759

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

THE DAVID S WALKER JR CHARITABLE FOUNDATION

EIN:

30-6437817

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES	7	7

- TIN:

TY 2023 TaxesSchedule

Name:

THE DAVID S WALKER JR CHARITABLE FOUNDATION

EIN:

30-6437817

Category	Amount	Net Investment Income
FOREIGN TAXES	420	420
EXCISE TAX - PRIOR YEAR	1,646	0
EXCISE TAX ESTIMATES	10,748	0
FOREIGN TAXES ON QUALIFIED FOR	505	505
FOREIGN TAXES ON NONQUALIFIED	11	11