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 03-01-2023 , and ending 02-29-2024
Name of foundation
MERRILL I & GRACE HANKS CHARITABLE TR
 
Number and street (or P.O. box number if mail is not delivered to street address)REGIONS BANK TRUSTEE PO BOX 16
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MOBILE, AL366331628
A Employer identification number

61-6394207
B Telephone number (see instructions)

(251) 438-8077
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$5,592,895J 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... 108,318 108,318  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,152
b Gross sales price for all assets on line 6a 598,873
7 Capital gain net income (from Part IV, line 2)... 6,152
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 114,470 114,470  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 58,096 14,524   43,572
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,900 0   1,900
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
4,797 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,332 2,332   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 67,125 16,856   45,472
25 Contributions, gifts, grants paid....... 197,997 197,997
26 Total expenses and disbursements. Add lines 24 and 25 265,122 16,856   243,469
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -150,652
b Net investment income (if negative, enter -0-) 97,614
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 85,629 66,656 66,656
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 535,488 Click to see attachment
List of Attached Documents:
// Content
502,464 		431,841
b Investments—corporate stock (attach schedule)....... 1,185,386 Click to see attachment
List of Attached Documents:
// Content
1,150,939 		3,593,230
c Investments—corporate bonds (attach schedule)....... 1,696,363 Click to see attachment
List of Attached Documents:
// Content
1,630,537 		1,501,017
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
151 		Click to see attachment
List of Attached Documents:
// Content
151 		Click to see attachment
List of Attached Documents:
// Content
151
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,503,017 3,350,747 5,592,895
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,503,017 3,350,747
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 3,503,017 3,350,747
30 Total liabilities and net assets/fund balances (see instructions). 3,503,017 3,350,747
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
3,503,017
2
Enter amount from Part I, line 27a .....................
2
-150,652
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
397
4
Add lines 1, 2, and 3 ..........................
4
3,352,762
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,015
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,350,747
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 CLASS ACTION SETTLEMENT PROCEEDS P    
b PUBLICLY TRADED SECURITIES P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 116     116
b 598,757   592,721 6,036
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       116
b       6,036
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 6,152
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 1,357
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 1,357
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 1,357
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 3,480
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,480
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 2,123
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow2,123 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowAL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowREGIONS BANK TRUST DEPT Telephone no.right arrow (251) 690-1337

Located atright arrowPO BOX 1628MOBILEAL ZIP+4right arrow366331628
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
REGIONS BANK TRUSTEE
3.00 		58,096 0 0
PO BOX 1628
MOBILE,AL366331628
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
5,094,897
b
Average of monthly cash balances.......................
1b
89,846
c
Fair market value of all other assets (see instructions)................
1c
151
d
Total (add lines 1a, b, and c).........................
1d
5,184,894
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
5,184,894
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
77,773
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,107,121
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
255,356
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
255,356
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
1,357
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,357
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
253,999
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
253,999
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
253,999
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
243,469
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
243,469
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 7 253,999
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 197,997
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 243,469
a Applied to 2022, but not more than line 2a 197,997
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..... 45,472
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 .......... 		208,527
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
OFFICE OF FINANCIAL AID UNIVERSITY
5735 COLLEGE PKWY
MOBILE,AL36613
(251) 442-2222
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION AVAILABLE FROM UNIVERSITY FINANCIAL AID OFFICES ABOVE
cAny submission deadlines:
DECEMBER 15 PRIOR TO START OF ACADEMIC YEAR
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
RESTRICTED TO ENTERING FULL-TIME FRESHMEN, SOPHOMORES, JUNIORS OR SENIORS WITH RELIGION MAJOR OR MINOR INTENDING TO ENTER A CAREER AS A PASTOR; PRIORITY GIVEN TO STUDENTS FROM ESCAMBIA AND MONROE COUNTIES IN ALABAMA
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
OFFICE OF FINANCIAL AID SAMFORD UNI
800 LAKESHORE DRIVE
BIRMINGHAM,AL35229
(205) 726-2905
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION AVAILABLE FROM UNIVERSITY FINANCIAL AID OFFICES ABOVE
cAny submission deadlines:
DECEMBER 15 PRIOR TO START OF ACADEMIC YEAR
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
RESTRICTED TO ENTERING FULL-TIME FRESHMEN, SOPHOMORES, JUNIORS OR SENIORS WITH RELIGION MAJOR OR MINOR INTENDING TO ENTER A CAREER AS A PASTOR; PRIORITY GIVEN TO STUDENTS FROM ESCAMBIA AND MONROE COUNTIES IN ALABAMA
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

ALABAMA BAPTIST CHILDREN'S HOME

PO BOX 361767
BIRMINGHAM,AL35236 		NONE PC TO PROVIDE HOUSING FOR UNDERPRIVILIGED CHILDREN IN A CHRISTIAN SETTING. 179,507

UNIVERSITY OF MOBILE

5735 COLLEGE PARKWAY
MOBILE,AL36613 		NONE PC TO PROVIDE SCHOLARSHIPS TO STUDENTS AT THE UNIVERSITY OF MOBILE. 18,490
Total .................................right arrow 3a 197,997
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 108,318  
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 6,152  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 114,470 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
114,470
(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:
MERRILL I & GRACE HANKS CHARITABLE TR
EIN:
61-6394207
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 1,900 0   1,900

TY 2023 InvestmentsCorpBondsSchedule
Name:
MERRILL I & GRACE HANKS CHARITABLE TR
EIN:
61-6394207
Name of Bond End of Year Book Value End of Year Fair Market Value
20000 AIR LEASE CORP 3.75% 01 JUN 2026 18,646 19,269
19000 AMERICAN TOWER CORP 5.8% 15 NOV 2028 19,003 19,356
20000 ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.9% 23 JAN 2031 20,813 20,104
21000 AT&T INC 4.5% 15 MAY 2035 21,010 19,335
19000 BANK OF AMERICA CORP 6.11% 29 JAN 2037 20,635 19,911
20000 BANK OF AMERICA CORP VARIABLE 3.559% 23 APR 2027 20,199 19,236
22000 BANK OF NEW YORK MELLON CORP .75% 28 JAN 2026 21,953 20,294
22000 BANK OF NOVA SCOTIA 1.05% 02 MAR 2026 21,959 20,282
20000 BANK OF NOVA SCOTIA 2.2% 03 FEB 2025 19,998 19,413
22000 BERKSHIRE HATHAWAY FINANCE CORP 4.25% 15 JAN 2049 25,294 19,349
24000 BLACKROCK INC 1.9% 28 JAN 2031 23,581 19,841
20000 BP CAPITAL MARKETS AMERICA INC 3.796% 21 SEP 2025 20,273 19,613
20000 CAPITAL ONE FINANCIAL CORP 3.65% 11 MAY 2027 19,850 19,040
21000 CHARLES SCHWAB CORP .9% 11 MAR 2026 20,879 19,256
29000 CITIGROUP INC VARIABLE 6.040592% 30 OCT 2024 28,953 29,032
23000 COMCAST CORP 3.75% 01 APR 2040 24,749 18,825
20000 DUKE ENERGY CORP 4.85% 05 JAN 2029 19,984 19,660
20000 EQUINOR ASA 3.7% 01 MAR 2024 20,106 20,000
240.87 FANNIE MAE POOL FN 254693 5.5% 01 APR 2033 243 245
195.84 FANNIE MAE POOL FN 256022 5.5% 01 DEC 2035 199 199
300.5 FANNIE MAE POOL FN 725773 5.5% 01 SEP 2034 303 305
486.85 FANNIE MAE POOL FN 725946 5.5% 01 NOV 2034 495 494
513.71 FANNIE MAE POOL FN 735580 5% 01 JUN 2035 524 510
306.18 FANNIE MAE POOL FN 739821 5% 01 SEP 2033 315 304
1197.49 FANNIE MAE POOL FN 849915 6% 01 SEP 2035 1,208 1,233
272.15 FANNIE MAE POOL FN 928480 6% 01 JUL 2037 277 281
6.2 FANNIE MAE POOL FN 931409 4% 01 JUN 2024 6 6
350.54 FANNIE MAE POOL FN 948631 6% 01 AUG 2037 351 362
1237.08 FANNIE MAE POOL FN 985615 5.5% 01 APR 2034 1,265 1,256
202.51 FANNIE MAE POOL FN 986012 5.5% 01 JUN 2038 199 205
74.63 FANNIE MAE POOL FN 995627 5% 01 FEB 2039 76 74
401.56 FANNIE MAE POOL FN AA7236 4% 01 JUN 2039 409 379
2155.61 FANNIE MAE POOL FN AB1251 5% 01 JUL 2040 2,265 2,139
234.57 FANNIE MAE POOL FN AD6374 5% 01 MAY 2040 245 233
372.69 FANNIE MAE POOL FN AD6432 4.5% 01 JUN 2040 381 364
2173.18 FANNIE MAE POOL FN AD9638 4.5% 01 SEP 2040 2,266 2,120
944.12 FANNIE MAE POOL FN AE0981 3.5% 01 MAR 2041 968 866
108.74 FANNIE MAE POOL FN AE3066 3.5% 01 SEP 2025 109 107
55.23 FANNIE MAE POOL FN AE3895 3.5% 01 NOV 2025 55 54
59.61 FANNIE MAE POOL FN AH4407 3.5% 01 JAN 2026 60 59
848.72 FANNIE MAE POOL FN AH5575 4% 01 FEB 2041 859 799
153.74 FANNIE MAE POOL FN AH6827 4% 01 MAR 2026 154 151
297.69 FANNIE MAE POOL FN AJ1441 3.5% 01 SEP 2026 300 291
122.86 FANNIE MAE POOL FN AJ5303 4% 01 NOV 2041 125 116
826.68 FANNIE MAE POOL FN AJ7715 3% 01 DEC 2026 833 804
545.63 FANNIE MAE POOL FN AL0393 4.5% 01 JUN 2041 557 532
359.45 FANNIE MAE POOL FN AL0933 5% 01 OCT 2041 376 356
1312 FANNIE MAE POOL FN AL8418 4% 01 APR 2044 1,358 1,235
7332.47 FANNIE MAE POOL FN AL9554 3% 01 DEC 2031 7,356 6,978
435.76 FANNIE MAE POOL FN AO0800 3% 01 APR 2027 439 422
1227.68 FANNIE MAE POOL FN AQ0546 3.5% 01 NOV 2042 1,225 1,124
1916.72 FANNIE MAE POOL FN AS6191 3.5% 01 NOV 2045 1,957 1,737
2385.72 FANNIE MAE POOL FN AS8012 2.5% 01 SEP 2031 2,365 2,231
6774.42 FANNIE MAE POOL FN AS9585 4% 01 MAY 2047 6,866 6,380
959.68 FANNIE MAE POOL FN AT2062 2.5% 01 APR 2028 960 918
2392.83 FANNIE MAE POOL FN AT2720 3% 01 MAY 2043 2,424 2,125
4192.81 FANNIE MAE POOL FN AU1629 3% 01 JUL 2043 4,190 3,723
2539.07 FANNIE MAE POOL FN AU3735 3% 01 AUG 2043 2,535 2,255
18615.45 FANNIE MAE POOL FN AZ4750 3.5% 01 OCT 2045 19,592 16,881
4468.23 FANNIE MAE POOL FN BE3695 3.5% 01 JUN 2047 4,644 4,049
3778.37 FANNIE MAE POOL FN BE3702 4% 01 JUN 2047 3,965 3,541
4349.84 FANNIE MAE POOL FN BH4095 4% 01 OCT 2047 4,443 4,085
10505.44 FANNIE MAE POOL FN BH5704 3% 01 OCT 2032 10,732 9,915
8106.98 FANNIE MAE POOL FN BH9288 4% 01 FEB 2048 8,276 7,635
1287.21 FANNIE MAE POOL FN BM2007 4% 01 SEP 2048 1,324 1,207
3800.39 FANNIE MAE POOL FN BN0340 4.5% 01 DEC 2048 4,020 3,647
8123.59 FANNIE MAE POOL FN CA0853 3.5% 01 DEC 2047 8,073 7,402
40534.63 FANNIE MAE POOL FN CA6635 2.5% 01 AUG 2050 36,361 34,021
12712.78 FANNIE MAE POOL FN CA6847 2.5% 01 AUG 2035 13,176 11,649
38408.41 FANNIE MAE POOL FN CB3292 2.5% 01 APR 2052 36,179 32,190
7535.13 FANNIE MAE POOL FN FM1000 3% 01 APR 2047 7,599 6,583
2424.85 FANNIE MAE POOL FN FM1148 3.5% 01 DEC 2048 2,497 2,197
503.54 FANNIE MAE POOL FN FM1239 3.5% 01 NOV 2048 515 456
5894.64 FANNIE MAE POOL FN FM1456 2.5% 01 SEP 2028 5,912 5,654
5572.49 FANNIE MAE POOL FN FM2743 3% 01 FEB 2034 5,714 5,262
58839.68 FANNIE MAE POOL FN FM8779 2.5% 01 SEP 2051 51,154 49,212
34246.37 FANNIE MAE POOL FN FM8991 2.5% 01 SEP 2036 31,699 31,212
39181.04 FANNIE MAE POOL FN FS2009 3% 01 MAY 2052 37,222 34,012
362.44 FANNIE MAE POOL FN MA1062 3% 01 MAY 2027 364 351
3832.02 FANNIE MAE POOL FN MA2580 2.5% 01 APR 2031 3,868 3,585
6426.85 FANNIE MAE POOL FN MA3210 3.5% 01 DEC 2047 6,485 5,812
695.75 FANNIE MAE POOL FN MA3444 4.5% 01 AUG 2048 721 668
33000 FEDERAL HOME LOAN MORTGAGE CORP 6.25% 15 JUL 2032 42,090 37,401
22000 FIDELITY NATIONAL INFORMATION SERVICES INC 1.65% 01 MAR 2028 21,307 19,376
697.78 FREDDIE MAC GOLD POOL FG A95147 4% 01 NOV 2040 716 656
385.83 FREDDIE MAC GOLD POOL FG E09021 2.5% 01 FEB 2028 388 370
411.86 FREDDIE MAC GOLD POOL FG G05408 5% 01 DEC 2036 422 409
307.7 FREDDIE MAC GOLD POOL FG G05937 4.5% 01 AUG 2040 314 301
84.55 FREDDIE MAC GOLD POOL FG G08323 5% 01 FEB 2039 88 84
126.44 FREDDIE MAC GOLD POOL FG G08344 4.5% 01 MAY 2039 130 124
357.09 FREDDIE MAC GOLD POOL FG G08677 4% 01 NOV 2045 370 337
2942.77 FREDDIE MAC GOLD POOL FG G08681 3.5% 01 DEC 2045 2,997 2,670
388.19 FREDDIE MAC GOLD POOL FG G08687 3.5% 01 JAN 2046 398 352
3761.02 FREDDIE MAC GOLD POOL FG G14606 2.5% 01 NOV 2027 3,801 3,615
2196.65 FREDDIE MAC GOLD POOL FG G18536 2.5% 01 JAN 2030 2,211 2,073
12310.76 FREDDIE MAC GOLD POOL FG G18549 2.5% 01 APR 2030 12,539 11,598
1661.84 FREDDIE MAC GOLD POOL FG G18557 3% 01 JUN 2030 1,676 1,586
18084.97 FREDDIE MAC GOLD POOL FG G18569 3% 01 SEP 2030 18,584 17,237
2206.72 FREDDIE MAC GOLD POOL FG G60080 3.5% 01 JUN 2045 2,246 2,011
362.93 FREDDIE MAC GOLD POOL FG G60384 4.5% 01 DEC 2045 388 353
3717.18 FREDDIE MAC GOLD POOL FG G67706 3.5% 01 DEC 2047 3,857 3,393
871.59 FREDDIE MAC GOLD POOL FG J17508 3% 01 DEC 2026 878 848
37710.3 FREDDIE MAC POOL FR RA6388 2.5% 01 DEC 2051 37,593 31,442
40124.13 FREDDIE MAC POOL FR RA6567 3% 01 DEC 2051 34,457 35,107
47906.69 FREDDIE MAC POOL FR SD0231 3% 01 JAN 2050 50,245 41,761
32501.04 FREDDIE MAC POOL FR SD0612 2.5% 01 NOV 2050 33,723 27,360
16051.23 FREDDIE MAC POOL FR SD1352 3.5% 01 JUL 2052 14,431 14,464
11105.11 FREDDIE MAC POOL FR SD7519 3.5% 01 MAY 2050 9,634 10,144
15883.1 FREDDIE MAC POOL FR SD7555 3% 01 AUG 2052 13,982 13,800
12255.71 FREDDIE MAC POOL FR SI2056 3.5% 01 DEC 2050 11,023 11,034
14209.31 FREDDIE MAC POOL FR ZA4918 4% 01 MAY 2047 15,087 13,355
1394.49 FREDDIE MAC POOL FR ZM6968 4% 01 JUN 2048 1,434 1,307
14289.53 FREDDIE MAC POOL FR ZS4693 3% 01 DEC 2046 14,887 12,479
11091.96 FREDDIE MAC POOL FR ZT1502 3.5% 01 NOV 2048 11,892 10,107
20000 GEORGIA POWER CO 5.004% 23 FEB 2027 20,011 19,953
20000 GILEAD SCIENCES INC 3.65% 01 MAR 2026 20,324 19,420
23000 GOLDMAN SACHS GROUP INC VARIABLE 2.65% 21 OCT 2032 22,293 18,970
20000 HORMEL FOODS CORP .65% 03 JUN 2024 19,996 19,760
21000 HSBC HOLDINGS PLC VARIABLE 3.973% 22 MAY 2030 21,218 19,467
24000 INTEL CORP 2% 12 AUG 2031 23,938 19,488
20000 INTERNATIONAL BUSINESS MACHINES CORP 3.45% 19 FEB 2026 20,264 19,398
21000 INTERNATIONAL BUSINESS MACHINES CORP 3.5% 15 MAY 2029 21,392 19,604
41000 JPMORGAN CHASE & CO VARIABLE 3.782% 01 FEB 2028 41,937 39,369
21000 KROGER CO 2.65% 15 OCT 2026 21,067 19,731
20000 LLOYDS BANKING GROUP PLC 4.375% 22 MAR 2028 20,293 19,297
20000 LOWE'S COS INC 3.65% 05 APR 2029 20,825 18,838
20000 MOLSON COORS BEVERAGE CO 5% 01 MAY 2042 19,489 18,616
20000 MORGAN STANLEY 3.7% 23 OCT 2024 20,158 19,757
21000 PROCTER & GAMBLE CO 3% 25 MAR 2030 21,200 19,211
43000 ROYAL BANK OF CANADA .875% 20 JAN 2026 42,981 39,798
22000 SHELL INTERNATIONAL FINANCE BV 2.375% 07 NOV 2029 21,742 19,362
21000 SOUTHERN CO 3.7% 30 APR 2030 21,090 19,347
27000 SYSCO CORP 3.3% 15 FEB 2050 22,642 19,037
21000 TOYOTA MOTOR CREDIT CORP .8% 09 JAN 2026 20,775 19,475
22000 TOYOTA MOTOR CREDIT CORP 1.125% 18 JUN 2026 21,990 20,184
21000 TRUIST FINANCIAL CORP 1.267% 02 MAR 2027 20,814 19,277
21000 VERIZON COMMUNICATIONS INC .85% 20 NOV 2025 20,792 19,490

TY 2023 InvestmentsCorpStockSchedule
Name:
MERRILL I & GRACE HANKS CHARITABLE TR
EIN:
61-6394207
Name of Stock End of Year Book Value End of Year Fair Market Value
84 AIR PRODUCTS AND CHEMICALS INC 11,335 19,659
420 ALPHABET INC 8,166 58,708
800 ALPHABET INC 25,421 110,768
1100 AMAZON.COM INC 56,497 194,436
225 ANALOG DEVICES INC 17,136 43,159
1544 APPLE INC 37,356 279,078
56 BLACKROCK INC 16,928 45,435
201 CDW CORP 5,888 49,488
431 CHEVRON CORP 43,018 65,516
279 CHUBB LTD 30,725 70,216
496 CISCO SYSTEMS INC 17,271 23,992
473 CITIGROUP INC 20,661 26,247
238 COGNIZANT TECHNOLOGY SOLUTIONS CORP 10,692 18,807
711 CVS HEALTH CORP 45,248 52,877
156 DOLLAR GENERAL CORP 16,875 22,668
381 EATON CORP PLC 20,936 110,109
89 ECOLAB INC 9,310 20,011
272 ELI LILLY & CO 23,618 205,001
189 HOME DEPOT INC 27,910 71,935
274 HONEYWELL INTERNATIONAL INC 24,326 54,452
856 INTEL CORP 17,538 36,851
62 INTUIT INC 5,461 41,099
442 JPMORGAN CHASE & CO 15,887 82,239
276 LYONDELLBASELL INDUSTRIES NV 18,878 27,677
87 MASTERCARD INC 22,890 41,304
169 MCDONALD'S CORP 19,915 49,395
489 MERCK & CO INC 25,057 62,176
533 MICROSOFT CORP 68,877 220,470
199 MONDELEZ INTERNATIONAL INC 9,983 14,541
173 MSC INDUSTRIAL DIRECT CO INC 10,039 17,463
672 NEXTERA ENERGY INC 9,187 37,088
492 NVIDIA CORP 26,333 389,231
140 OLD DOMINION FREIGHT LINE INC 6,592 61,947
1260 ORACLE CORP 33,072 140,717
309 PEPSICO INC 24,644 51,090
42 POOL CORP 853 16,721
250 PROCTER & GAMBLE CO 24,970 39,735
247 PRUDENTIAL FINANCIAL INC 9,503 26,921
462 QUALCOMM INC 35,140 72,899
245 RTX CORP 10,713 21,969
105 SALESFORCE INC 15,096 32,426
132 STRYKER CORP 13,006 46,077
60 TELEDYNE TECHNOLOGIES INC 5,303 25,636
122 THERMO FISHER SCIENTIFIC INC 9,257 69,562
466 TRUIST FINANCIAL CORP 14,664 16,301
247 UNITED PARCEL SERVICE INC 26,789 36,620
137 UNITEDHEALTH GROUP INC 40,069 67,623
587 VERIZON COMMUNICATIONS INC 22,488 23,492
315 VISA INC 46,098 89,032
1215 WALMART INC 36,557 71,211
266 WASTE MANAGEMENT INC 12,889 54,703
316 WEC ENERGY GROUP INC 22,104 24,803
210 ZOETIS INC 21,770 41,649

TY 2023 InvestmentsGovtObligationsSch
Name:
MERRILL I & GRACE HANKS CHARITABLE TR
EIN:
61-6394207
US Government Securities - End of Year Book Value:

502,464
US Government Securities - End of Year Fair Market Value:

431,841
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 OtherAssetsSchedule
Name:
MERRILL I & GRACE HANKS CHARITABLE TR
EIN:
61-6394207
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
MINERAL INTEREST 151 151 151


TY 2023 OtherDecreasesSchedule
Name:
MERRILL I & GRACE HANKS CHARITABLE TR
EIN:
61-6394207
Description Amount
BOOK/TAX TIMING DIFFERENCE 2,015


TY 2023 OtherExpensesSchedule
Name:
MERRILL I & GRACE HANKS CHARITABLE TR
EIN:
61-6394207
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADR INVESTMENT FEES 14 14   0
MBS INVESTMENT FEES 2,318 2,318   0


TY 2023 OtherIncreasesSchedule
Name:
MERRILL I & GRACE HANKS CHARITABLE TR
EIN:
61-6394207
Description Amount
BOOK/TAX DIFFERENCE - CAPITAL GAINS 397


TY 2023 TaxesSchedule
Name:
MERRILL I & GRACE HANKS CHARITABLE TR
EIN:
61-6394207
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2022 EXCISE TAX 1,317 0   0
2023 ESTIMATED TAXES 3,480 0   0