Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

36-6999365
B Telephone number (see instructions)

(800) 496-2583
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$58,752,191J 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... 1,149,262 1,136,890  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,071,823
b Gross sales price for all assets on line 6a 3,424,935
7 Capital gain net income (from Part IV, line 2)... 1,071,823
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........ 2,221,085 2,208,713  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 587,335 309,434   277,901
14 Other employee salaries and wages...... 124,378 0 0 124,378
15 Pension plans, employee benefits....... 33,534 0 0 33,534
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
885 443 0 442
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
64,557 21,592   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy.............. 33,549     33,549
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
58,945 2,435   56,510
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 903,183 333,904 0 526,314
25 Contributions, gifts, grants paid....... 2,234,666 2,234,666
26 Total expenses and disbursements. Add lines 24 and 25 3,137,849 333,904 0 2,760,980
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -916,764
b Net investment income (if negative, enter -0-) 1,874,809
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 339,619 424,713 424,713
2 Savings and temporary cash investments......... 3,202,274 1,488,979 1,488,979
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 28,479,464 Click to see attachment
List of Attached Documents:
// Content
28,700,763 		41,237,262
c Investments—corporate bonds (attach schedule)....... 8,919,009 Click to see attachment
List of Attached Documents:
// Content
9,491,232 		8,501,712
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).......... 3,983,330 Click to see attachment
List of Attached Documents:
// Content
3,904,991 		7,094,613
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
4,912 		Click to see attachment
List of Attached Documents:
// Content
4,912 		Click to see attachment
List of Attached Documents:
// Content
4,912
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 44,928,608 44,015,590 58,752,191
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 44,928,608 44,015,590
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)..... 44,928,608 44,015,590
30 Total liabilities and net assets/fund balances (see instructions). 44,928,608 44,015,590
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
44,928,608
2
Enter amount from Part I, line 27a .....................
2
-916,764
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
15,755
4
Add lines 1, 2, and 3 ..........................
4
44,027,599
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
12,009
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
44,015,590
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 126. ALPHABET INC-CL A   2012-07-11 2023-01-06
b 195. ALPHABET INC-CL A   2012-07-11 2023-01-06
c 64. APPLE COMPUTER INC   2006-04-07 2023-01-06
d 49. APPLE COMPUTER INC   2006-04-07 2023-01-06
e 244. AMEREN CORP   2022-05-11 2023-01-25
37. AMEREN CORP   2022-05-11 2023-01-25
27. O'REILLY AUTOMOTIVE INC   2020-04-16 2023-01-25
27. O'REILLY AUTOMOTIVE INC   2017-05-04 2023-02-07
41. O'REILLY AUTOMOTIVE INC   2017-05-04 2023-02-08
183. BOOZ ALLEN HAMILTON HOLDINGS   2022-03-08 2023-03-07
21. BOOZ ALLEN HAMILTON HOLDINGS   2022-03-08 2023-03-07
289. BOOZ ALLEN HAMILTON HOLDINGS   2022-03-08 2023-03-07
184. BOOZ ALLEN HAMILTON HOLDINGS   2022-03-09 2023-03-08
32. BOOZ ALLEN HAMILTON HOLDINGS   2022-05-19 2023-03-09
277. TRANE TECHNOLOGIES PLC   2021-02-18 2023-03-24
5. TRANE TECHNOLOGIES PLC   2021-02-18 2023-03-27
156. NXP SEMICONDUCTORS NV   2021-12-06 2023-03-28
8. NXP SEMICONDUCTORS NV   2021-12-06 2023-03-28
12. NXP SEMICONDUCTORS NV   2022-04-08 2023-03-29
17. NXP SEMICONDUCTORS NV   2021-12-06 2023-03-29
28. NXP SEMICONDUCTORS NV   2022-04-08 2023-03-29
6. NXP SEMICONDUCTORS NV   2022-04-08 2023-03-30
1. NXP SEMICONDUCTORS NV   2022-04-08 2023-03-30
4. NXP SEMICONDUCTORS NV   2022-04-08 2023-03-30
2. NXP SEMICONDUCTORS NV   2022-04-08 2023-03-30
11. NXP SEMICONDUCTORS NV   2022-04-08 2023-03-30
1. NXP SEMICONDUCTORS NV   2022-04-08 2023-03-30
4. NXP SEMICONDUCTORS NV   2020-11-02 2023-03-30
7138.222 FIDELITY 500 INDEX FUND   2020-05-26 2023-06-15
58078.141 JPM MULTI SECTOR INC FD - R6   2022-03-17 2023-06-15
78. LILLY ELI & CO   2015-06-04 2023-06-23
129. ABBVIE INC   2022-08-24 2023-07-07
40. LILLY ELI & CO   2016-04-07 2023-07-07
19. REGENERON PHARMACEUTICALS INC   2023-01-06 2023-07-07
4. REGENERON PHARMACEUTICALS INC   2021-12-29 2023-07-07
3699.488 FIDELITY 500 INDEX FUND   2019-02-28 2023-07-24
. VALEANT PHARMACEUTICALS INTE     2023-08-01
4. THERMO ELECTRON CORP   2022-08-31 2023-09-12
7. THERMO ELECTRON CORP   2022-08-31 2023-09-12
35. THERMO ELECTRON CORP   2022-09-29 2023-09-12
26. THERMO ELECTRON CORP   2020-07-10 2023-09-12
11. THERMO ELECTRON CORP   2020-07-10 2023-09-13
12. THERMO ELECTRON CORP   2020-07-10 2023-09-13
23. THERMO ELECTRON CORP   2020-06-24 2023-09-13
44. THERMO ELECTRON CORP   2020-01-14 2023-09-13
7. THERMO ELECTRON CORP   2020-01-14 2023-09-14
13. THERMO ELECTRON CORP   2020-01-13 2023-09-14
6. THERMO ELECTRON CORP   2020-01-13 2023-09-14
5. THERMO ELECTRON CORP   2020-01-13 2023-09-15
2. THERMO ELECTRON CORP   2020-01-13 2023-09-15
1. THERMO ELECTRON CORP   2020-01-13 2023-09-15
4. THERMO ELECTRON CORP   2020-01-13 2023-09-18
575. NIKE INC   2022-12-01 2023-09-22
308. NIKE INC   2021-02-17 2023-09-22
274. RTX CORP   2023-03-07 2023-09-25
455. RTX CORP   2022-06-30 2023-09-25
36. LILLY ELI & CO   2016-04-07 2023-10-27
102. DEERE & CO   2022-02-08 2023-11-08
7. DEERE & CO   2022-03-03 2023-11-09
256. AMEREN CORP   2022-05-10 2023-12-18
199. AMEREN CORP   2022-05-10 2023-12-18
80. AMEREN CORP   2022-05-10 2023-12-18
30. AMEREN CORP   2023-09-22 2023-12-19
37. AMEREN CORP   2022-05-10 2023-12-19
120. AMEREN CORP   2023-09-22 2023-12-19
62. AMEREN CORP   2023-09-22 2023-12-19
1. APOLLO EPF II PRIVATE INVESTORS,L.P. (OFFSHORE) CLASS A -   2021-01-01 2023-12-31
1. CLAYTON, DUBILIER & RICE (CD&R)   2021-01-01 2023-12-31
1. J.C. FLOWERS III PRIVATE INVESTORS OFFSHORE, LP   2021-01-01 2023-12-31
1. LC ASIA PRIVATE INVESTORS, L.P. (OFFSHORE) CLASS A (NON SELF DEALIN   2021-01-01 2023-12-31
CAPITAL GAIN DIVIDENDS P    
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(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 10,865   1,799 9,066
b 16,627   2,785 13,842
c 8,082   158 7,924
d 6,163   121 6,042
e 21,005   23,293 -2,288
3,201   3,480 -279
21,613   10,017 11,596
21,661   7,031 14,630
32,211   10,246 21,965
17,591   16,432 1,159
2,019   1,814 205
27,575   24,296 3,279
17,035   14,956 2,079
2,956   2,534 422
50,163   42,199 7,964
917   748 169
26,999   35,124 -8,125
1,380   1,789 -409
2,120   2,017 103
3,004   3,803 -799
4,964   4,705 259
1,089   1,006 83
181   168 13
732   671 61
363   335 28
1,998   1,844 154
181   168 13
725   547 178
1,100,000   742,304 357,696
550,000   562,777 -12,777
35,738   5,970 29,768
17,520   17,854 -334
18,128   2,973 15,155
13,222   14,042 -820
2,784   2,590 194
585,000   369,669 215,331
410     410
2,042   2,185 -143
3,575   3,823 -248
17,885   18,088 -203
13,286   12,733 553
5,594   4,214 1,380
6,215   4,597 1,618
11,807   8,206 3,601
22,791   14,890 7,901
3,605   2,329 1,276
6,600   4,316 2,284
3,092   1,991 1,101
2,593   1,659 934
1,029   664 365
516   332 184
2,037   1,328 709
52,563   68,366 -15,803
28,156   43,372 -15,216
19,474   27,175 -7,701
32,338   43,656 -11,318
20,089   2,668 17,421
37,711   39,386 -1,675
2,601   2,684 -83
18,322   23,927 -5,605
14,158   18,351 -4,193
5,700   7,337 -1,637
2,143   2,407 -264
2,643   3,393 -750
8,633   9,629 -996
4,448   4,974 -526
15,542   5,048 10,494
54,812   2,588 52,224
6,857   155 6,702
100,235   34,376 65,859
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
      269,621
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      269,621
      269,621
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       9,066
b       13,842
c       7,924
d       6,042
e       -2,288
      -279
      11,596
      14,630
      21,965
      1,159
      205
      3,279
      2,079
      422
      7,964
      169
      -8,125
      -409
      103
      -799
      259
      83
      13
      61
      28
      154
      13
      178
      357,696
      -12,777
      29,768
      -334
      15,155
      -820
      194
      215,331
      410
      -143
      -248
      -203
      553
      1,380
      1,618
      3,601
      7,901
      1,276
      2,284
      1,101
      934
      365
      184
      709
      -15,803
      -15,216
      -7,701
      -11,318
      17,421
      -1,675
      -83
      -5,605
      -4,193
      -1,637
      -264
      -750
      -996
      -526
      10,494
      52,224
      6,702
      65,859
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,071,823
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 26,060
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 26,060
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 26,060
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 24,700
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 16,300
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 41,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
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 14,940
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow14,940 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIL
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 arrowwww.morsetrust.org
14
The books are in care ofright arrowJPMORGAN CHASE BANK NA Telephone no.right arrow (800) 496-2583

Located atright arrow10 S DEARBORN IL1-0111CHICAGOIL ZIP+4right arrow60603
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
JPMORGAN CHASE BANK NA TRUSTEE
25 		262,656    
10 S DEARBORN IL1-0111
CHICAGO,IL60603
JAMES L ALEXANDER TRUSTEE
25 		324,679    
208 S LASALLE STREET SUITE 1660
CHICAGO,IL606041226
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
MELISSA R PHIPPS PROGRAM OFFICER
0 		80,036 30,249  
C/O 10 S DEARBORN ST FL 21
CHICAGO,IL60603
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 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
52,984,583
b
Average of monthly cash balances.......................
1b
2,913,407
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
55,897,990
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
55,897,990
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
838,470
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
55,059,520
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,752,976
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
2,752,976
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
26,060
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
26,060
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,726,916
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,726,916
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
2,726,916
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
2,760,980
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,760,980
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 2,726,916
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 2,200,418
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: right arrow$ 2,760,980
a Applied to 2022, but not more than line 2a 2,200,418
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..... 560,562
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 .......... 		2,166,354
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)
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).)
NONE
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.
NONE
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:
JAMES L ALEXANDER CO-TRUSTEE
208 S LASALLE STREET SUITE 1660
CHICAGO,IL606041226
(312) 739-0326
bThe form in which applications should be submitted and information and materials they should include:
SEE ATTACHED GUIDELINES
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE ATTACHED GUIDELINES
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

YEMBA INC

218 LAKE STREET
OAK PARK,IL60302 		NONE PC SUPPORT SCHOOL BASED YOUTH 10,000

CROHN'S & COLITIS FOUNDATION OF AMERICA

2200 E DEVON AVENUE SUITE 392
DES PLAINES,IL60018 		NONE PC TO SUPPORT CAMP OASIS 25,000

COMMON THREADS

222 W MERCHANDISE MART PLZ STE1212
CHICAGO,IL60654 		NONE PC SUPPORT IN CULINARY MED. 50,000

OPTIONS FOR YOUTH

1525 EAST 53RD STREET STE 920
CHICAGO,IL60615 		NONE PC TO SUPPORT SALARY OF A NEW 47,500

METROSQUASH

6100 S COTTAGE GROVE AVENUE
CHICAGO,IL60637 		NONE PC SUPPORT ACADEMICS, SQUASH 25,000

HISTORIC PULLMAN FOUNDATION

614 E 113TH STREET
CHICAGO,IL606284651 		NONE PC SUPPORT EXECUTIVE DIRECTOR 25,000

FOREFRONT

200 WEST MADISON STREET 2ND FLOOR
CHICAGO,IL60606 		NONE PC SUPPORT EFFORTS FOR RACIAL 30,000

THE CHICAGO POETRY CENTER

1448 E 52ND STREET 256
CHICAGO,IL60615 		NONE PC SUPPORT POETRY CENTERS IN 10,000

BLESSINGS IN A BACKPACK

303 EAST WACKER DRIVE STE 2030
CHICAGO,IL60601 		NONE PC SUPPORT FEEDING EXPENSES 10,000

CHICAGO NEIGHBORHOOD INITIATIVES

1000 EAST 111TH ST 10TH FLOOR
CHICAGO,IL60628 		NONE PC SUPPORT TO RECLAIMING 100,000

GRANT PARK MUSIC FESTIVAL

205 E RANDOLPH STREET 4TH FLOOR
CHICAGO,IL60601 		NONE PC TO SPONSOR GPMF CHORAL 25,000

OLD IRVING PARK COMMUNITY CLINIC

5425 WEST ADDISON STREET
CHICAGO,IL60641 		NONE PC TO SUPPORT OPERATING AND 33,000

BETTER GOVERNMENT ASSOCIATION

223 W JACKSON BLVD STE 300
CHICAGO,IL60606 		NONE PC SUPPORT STRATEGIC 25,000

CHICAGO COMMUNITY TRUST

PO BOX 577309
CHICAGO,IL60657 		NONE PC SUPPORT ARTS WORK FUND, 200,000

GADS HILL CENTER

1919 WEST CULLERTON AVENUE
CHICAGO,IL60608 		NONE PC TO SUPPORT THE BUILDING 50,000

THE NEWBERRY LIBRARY

60 WEST WALTON STREET
CHICAGO,IL60610 		NONE PC SUPPORT A MULTIFORMAT 20,000

OLD TOWN SCHOOL OF FOLK MUSIC

4544 N LINCOLN AVENUE
CHICAGO,IL60625 		NONE PC SUPPORT ARTS AND COMMUNITY 25,000

LUMINARTS CULTURAL FOUNDATION

65 W JACKSON BLVD RM 907
CHICAGO,IL60604 		NONE PC TO SUPPORT CONTINUED 20,000

BRAIN RESEARCH FOUNDATION

111 WEST WASHINGTON ST STE 1460
CHICAGO,IL60602 		NONE PC TO SUPPORT RESEARCH GRANT 20,000

NOURISHING HOPE

1716 W HUBBARD ST
CHICAGO,IL60622 		NONE PC SUPPORT ONLINE MARKET 15,000

HOWARD BROWN HEALTH CENTER

4025 NORTH SHERIDAN ROAD
CHICAGO,IL60613 		NONE PC SUPPORT BROADWAY YOUTH 25,000

CHICAGO THEATRE GROUP INC

170 N DEARBORN STREET
CHICAGO,IL60601 		NONE PC SUPPORT TO IMPLEMENT A 100,000

CONNECTIONS FOR ABUSED WOMEN
AND THEIR CHILDREN
1116 NORTH KEDZIE AVE 5TH FLOOR
CHICAGO,IL60651 		NONE PC SUPPORT THE OPEN DOOR 20,000

CHINESE AMERICAN SERVICE LEAGUE

2141 SOUTH TAN COURT
CHICAGO,IL60616 		NONE PC SUPPORT CHANGE INSIGHT TECH 100,000

EXECUTIVE SERVICE CORPS

1244 NORTH STATE PARKWAY
CHICAGO,IL60610 		NONE PC SUPPORT GENERAL OPERATING 10,000

AUDITORIUM THEATRE AT
ROOSEVELT UNIVERSITY
50 EAST IDA B WELLS DRIVE
CHICAGO,IL60605 		NONE PC TO SUPPORT ARTXCHANGE 25,000

HOUSING OPPORTUNITIES AND
MAINTENANCE FOR THE ELDERLY
1419 WEST CARROLL AVNUE FLOOR 2
CHICAGO,IL60607 		NONE PC SUPPORT GENERAL OPERATIONS. 10,000

CENTER FOR DISABILITY & ELDER LAW

205 WEST RANDOLPH ST STE 1610
CHICAGO,IL60606 		NONE PC TO SUPPORT ADULT 25,000

CHICAGO FOUNDATION FOR WOMEN

140 S DEARBORN STREET SUITE 400
CHICAGO,IL60603 		NONE PC TO UNDERWRITE COST OF 50,000

BEVERLY THEATRE GUILD

2153 W 111TH STREET
CHICAGO,IL60643 		NONE PC TO SUPPORT PURCHASE OF 34,500

CHICAGO YOUTH PROGRAMS

5350 SOUTH PRAIRIE AVENUE
CHICAGO,IL60615 		NONE PC TO SUPPORT THE MENTAL 50,000

MEAL ON WHEELS CHICAGO

314 WEST SUPERIOR ST STE 201
CHICAGO,IL60654 		NONE PC TO SUPPORT HOME MEAL 10,000

BREAKTHROUGH URBAN MINISTRIES

402 NORTH ST LOUIS AVENUE
CHICAGO,IL60624 		NONE PC TO SUPPORT BREAKTHROUGH 15,000

COALITION TO SAVE OUR MENTAL HEALTH
CENTERS
5760 W IRVING PARK ROAD
CHICAGO,IL60634 		NONE PC TO SUPPORT MENTAL HEALTH 83,333

ALLIES FOR COMMUNITY BUSINESS

135 NORTH KEDZIE AVENUE
CHICAGO,IL60612 		NONE PC TO SUPPORT NEIGHBORHOOD 25,000

JOFFREY BALLET OF CHICAGO

10 E RANDOLPH STREET
CHICAGO,IL60601 		NONE PC SUPPORT TECH IMPROVEMENTS 50,000

PUERTO RICAN ARTS ALLIANCE

3000 N ELBRIDGE AVE
CHICAGO,IL60618 		NONE PC SUPPORT LATIN MUSIC PROJECT 50,000

CHILDREN'S RESEARCH TRIANGLE

70 E LAKE ST STE 1300
CHICAGO,IL60601 		NONE PC SUPPORT TRAUMA TREATMENT 50,000

LUSTER LEARNING INSTITUTE NFP

1126 HILLCREST AVENUE
HIGHLAND PARK,IL60035 		NONE PC TO SUPPORT THE CALM 50,000

LYRIC OPERA OF CHICAGO

20 NORTH WACKER DRIVE STE 860
CHICAGO,IL60606 		NONE PC TO SUPPORT BOARD RETREAT 18,975

ILLINOIS RAILWAY MUSEUM

7000 OLSON ROAD PO BOX 427
UNION,IL601800427 		NONE PC TO SUPPORT BUILDING 69,000

CHICAGO ARCHITECTURE FOUNDATION

111 E WACKER DRIVE SUITE 1321
CHICAGO,IL60601 		NONE PC TO COMPLETE A SCHEMATIC 58,358

URBAN AUTISM SOLUTIONS

1212 WEST FLOURNOY STREET
CHICAGO,IL60607 		NONE PC TO SUPPORT LIFE LAB PROGRAM 20,000

SAFE FAMILIES FOR CHILDREN ALLIANCE

4300 WEST IRVING PARK ROAD
CHICAGO,IL60641 		NONE PC TO SUPPORT GENERAL 20,000

CHICAGO PARKS FOUNDATION

541 NORTH FAIRBANKS COURT
CHOICAGO,IL60611 		NONE PC TO SUPPORT RESTORATION OF 5,000

HABITAT FOR HUMANITY CHICAGO

1100 WESTCERMAK RD STE 404
CHICAGO,IL60608 		NONE PC SUPPORT COSTS FOR 10,000

UNITING VOICES CHICAGO

78 E WASHINGTON STREET 5TH FLOOR
CHICAGO,IL60602 		NONE PC TO SUPPORT TECHNOLOGY 100,000

THE NATIONAL PUBLIC HOUSING MUSEUM

625 N KINGSBURY ST
CHICAGO,IL60654 		NONE PC SUPPORT HIRING AND 1ST YR 50,000

SOUTHSIDETOGETHER ORGANIZING FOR POWER

602 EAST 61ST STREET
CHICAGO,IL60637 		NONE PC TO SUPPORT YOUNG LEADER FOR 10,000

CHICAGO VOYAGERS

534 PRATT AVE
SCHAUMBURG,IL60193 		NONE PC SUPPORT GENERAL OPERATIONS 25,000

SKYART

3026 E 91ST STREET
CHICAGO,IL60617 		NONE PC TO SUPPORT GENERAL 50,000

CPS LIVES

1244 NORTH STATE PARKWAY
CHICAGO,IL60601 		NONE PC SUPPORT FOR STRATEGIC PLAN 50,000

KIDS FIRST CHICAGO

21 SOUTH CLARK STREET SUITE 4301
CHICAGO,IL60603 		NONE PC TO PROVIDE GENERAL 50,000

P33

21 SOUTH CLARK STREET SUITE 4301
CHICAGO,IL60603 		NONE PC TO SUPPORT TALENT PATHWAYS 150,000
Total .................................right arrow 3a 2,234,666
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,149,262  
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 1,071,823  
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) ..   2,221,085  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,221,085
(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:
ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
EIN:
36-6999365
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEE 885 443   442

TY 2023 InvestmentsCorpBondsSchedule
Name:
ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
EIN:
36-6999365
Name of Bond End of Year Book Value End of Year Fair Market Value
464287176 ISHARES TIPS BOND ET 398,707 422,436
4812C0100 JPM CORE BD FD - USD 4,008,091 3,690,413
92837F755 VIRTUS SEIX FLT RT H 1,000,000 871,429
704329242 PAYDEN EMER MRKT BON 1,197,211 915,929
258620566 DOUBLELINE TTL RTRN 1,350,000 1,064,282
48121L320 JPM UNCONSTRAINED DE 1,537,223 1,537,223

TY 2023 InvestmentsCorpStockSchedule
Name:
ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
EIN:
36-6999365
Name of Stock End of Year Book Value End of Year Fair Market Value
101137107 BOSTON SCIENTIFIC CO 42,759 97,352
110122108 BRISTOL-MYERS SQUIBB 115,368 91,999
438516106 HONEYWELL INTERNATIO 16,854 91,643
464287465 ISHARES MSCI EAFE ET 5,157,264 6,185,406
464287499 ISHARES RUSSELL MID- 339,082 1,888,217
464287598 ISHARES RUSSELL 1000 430,302 968,365
464287655 ISHARES RUSSELL 2000 299,259 731,989
532457108 ELI LILLY & CO 10,999 88,021
548661107 LOWE'S COS INC 5,610 65,207
577130834 MATTHEWS PACIFIC TIG 900,000 813,213
594918104 MICROSOFT CORP 70,227 675,744
609207105 MONDELEZ INTERNATION 19,618 65,042
617446448 MORGAN STANLEY 42,179 129,245
713448108 PEPSICO INC 63,146 99,526
723787107 PIONEER NATURAL RESO 47,912 94,674
882508104 TEXAS INSTRUMENTS IN 56,616 124,436
949746101 WELLS FARGO & CO 84,838 124,477
02079K107 ALPHABET INC-CL C 65,017 335,413
02079K305 ALPHABET INC-CL A 4,341 42,466
09062X103 BIOGEN INC 76,589 70,903
30303M102 META PLATFORMS INC-C 127,902 281,752
57636Q104 MASTERCARD INC - A 72,165 235,860
65339F101 NEXTERA ENERGY INC 104,689 106,781
67103H107 O'REILLY AUTOMOTIVE    
91324P102 UNITEDHEALTH GROUP I 63,975 291,664
94106B101 WASTE CONNECTIONS IN 33,297 72,694
023135106 AMAZON.COM INC 145,439 386,231
032654105 ANALOG DEVICES INC 54,255 80,218
037833100 APPLE INC 4,477 348,672
060505104 BANK OF AMERICA CORP 54,221 108,316
48129C603 JPM US LARGE CAP COR 1,968,610 1,783,128
655844108 NORFOLK SOUTHERN COR 68,009 104,007
67066G104 NVIDIA CORP 88,181 314,465
77956H385 T ROWE PRICE NEW ASI 1,003,902 1,179,852
025816109 AMERICAN EXPRESS CO 50,863 84,303
G5494J103 LINDE PLC    
00287Y109 ABBVIE INC 79,563 147,996
315911750 FIDELITY 500 INDEX F 5,788,028 10,076,860
337738108 FISERV INC 73,050 77,579
580135101 MCDONALD'S CORP 85,671 112,674
N6596X109 NXP SEMICONDUCTORS N 81,775 164,681
00771X419 GQG PART EMERG MKTS 1,500,000 1,396,005
007903107 ADVANCED MICRO DEVIC 81,868 123,824
04314H857 ARTISAN INTL VAL-INS 1,750,000 2,155,145
09857L108 BOOKING HOLDINGS INC 76,069 156,078
115233207 BROWN ADV SUSTAIN GR 1,750,000 2,282,402
461202103 INTUIT INC 72,687 137,507
461418444 WCM FOCUSED INTL GRO 1,750,000 1,682,721
518439104 ESTEE LAUDER COMPANI 34,227 33,930
75513E101 RAYTHEON TECHNOLOGIE    
883556102 THERMO FISHER SCIENT 22,814 36,625
N07059210 ASML HOLDING NV-NY R 36,738 68,123
20825C104 CONOCOPHILLIPS 117,905 189,426
22160K105 COSTCO WHOLESALE COR 81,366 106,933
244199105 DEERE & CO 98,571 110,764
363576109 ARTHUR J GALLAGHER & 57,329 90,627
43300A203 HILTON WORLDWIDE HOL 54,254 78,117
45687V106 INGERSOLL RAND INC C 42,646 68,059
46120E602 INTUITIVE SURGICAL I 59,268 64,436
654106103 NIKE INC -CL B    
679580100 OLD DOMINION FREIGHT 60,135 86,335
75886F107 REGENERON PHARMACEUT 53,982 86,951
G29183103 EATON CORP PLC 57,655 104,757
G8994E103 TRANE TECHNOLOGIES P    
023608102 AMEREN CORPORATION    
099502106 BOOZ ALLEN HAMILTON    
30231G102 EXXON MOBIL CORP 132,673 118,876
46637K174 JPM MID CAP EQ FD - 1,665,000 1,800,167
61174X109 MONSTER BEVERAGE COR 71,950 91,830
64122Q531 NBRGR BRMN GENESIS-R 665,000 633,348
743315103 PROGRESSIVE CORP 95,212 128,061
78409V104 S&P GLOBAL INC 74,593 92,069
872590104 T-MOBILE US INC 76,904 86,899
573284106 MARTIN MARIETTA MATE 97,610 114,250
842587107 SOUTHERN CO/THE 37,642 36,953
863667101 STRYKER CORP 84,558 85,646
872540109 TJX COMPANIES INC 53,851 61,633
G54950103 LINDE PLC 92,204 187,694

TY 2023 InvestmentsOtherSchedule2
Name:
ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
EIN:
36-6999365
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
139954929 APOLLO EPF II PRIVAT AT COST   15,771
325691947 CLAYTON, DUBILIER &      
425955911 RIVERSTONE GLOBAL EN AT COST 339,267 110,240
476499926 J.C. FLOWERS III PRI AT COST   31,517
510000920 LC ASIA PRIVATE INVE AT COST   38,180
811711969 STARWOOD SOF IX PRIV AT COST 251,512 60,395
855711974 STARWOOD SOF VIII PR AT COST 259,767 55,096
72201P175 PIMCO COMMODITYPL ST AT COST 600,000 185,208
HFVARAAV3 VARDE CREDIT PARTNER AT COST 750,000 1,073,571
HEBLAAAK6 BLACKSTONE PARTNERS AT COST 1,099,997 2,333,213
HEGTRADR8 GOLDENTREE OFFSHORE AT COST 2,255  
HEGTRADS6 GOLDENTREE OFFSHORE AT COST 2,193  
HECTUAJD3 COATUE OFFSHORE FUND AT COST 600,000 3,191,422

TY 2023 OtherAssetsSchedule
Name:
ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
EIN:
36-6999365
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SECURITY DEPOSIT - LEASE 4,912 4,912 4,912


TY 2023 OtherDecreasesSchedule
Name:
ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
EIN:
36-6999365
Description Amount
2023 TRANSACTIONS POSTED IN 2024 12,008
ROUNDING 1


TY 2023 OtherExpensesSchedule
Name:
ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
EIN:
36-6999365
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ATTORNEY GENERAL FEE 15 0   15
AT & T 19,664 0   19,664
INFORMATION TECHNOLOGY SERVICE 20,331 0   20,331
PRINTING 1,920 0   1,920
TRAVELERS INSURANCE 394 0   394
HARTFORD INSURANCE 1,939 0   1,939
TRAVEL EXPENSES 245 0   245
30TH ANNIVERSARY REPORT 9,500 0   9,500
PAYROLL PROCESSING FEE 2,502 0   2,502
PARTNERSHIP EXPENSE 2,435 2,435   0


TY 2023 OtherIncreasesSchedule
Name:
ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
EIN:
36-6999365
Description Amount
2022 TRANSACTIONS POSTED IN 2023 9,709
OUTSTANDING CHECKS 6,046


TY 2023 TaxesSchedule
Name:
ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
EIN:
36-6999365
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 1,105 1,105   0
FEDERAL TAX PAYMENT - PRIOR YE 42,965 0   0
FOREIGN TAXES ON QUALIFIED FOR 17,032 17,032   0
FOREIGN TAXES ON NONQUALIFIED 3,455 3,455   0