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
ROBERT S & GRAYCE B KERR FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 54917
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OKLAHOMA CITY, OK73154
A Employer identification number

73-1256123
B Telephone number (see instructions)

(307) 733-8829
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$32,738,692J 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) 485,044
2 Check right arrow.............
3 Interest on savings and temporary cash investments 20,671 20,671  
4 Dividends and interest from securities... 317,635 317,635  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 244,166
b Gross sales price for all assets on line 6a 1,217,709
7 Capital gain net income (from Part IV, line 2)... 244,166
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)....... Click to see attachment
List of Attached Documents:
// Content
3,748 673 0
12 Total. Add lines 1 through 11........ 1,071,264 583,145 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 222,132 0 0 222,132
14 Other employee salaries and wages...... 80,528 40,264 0 40,264
15 Pension plans, employee benefits....... 35,868 17,934 0 17,934
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
10,155 2,539 0 7,616
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,100 3,050 0 3,050
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
99,890 99,890 0 0
17 Interest............... 18 18 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
48,907 8,285 0 7,623
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
694 0 0
20 Occupancy.............. 11,638 0 0 11,638
21 Travel, conferences, and meetings....... 5,085 0 0 5,085
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
21,729 7,897 0 13,833
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 542,744 179,877 0 329,175
25 Contributions, gifts, grants paid....... 1,455,500 1,455,500
26 Total expenses and disbursements. Add lines 24 and 25 1,998,244 179,877 0 1,784,675
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -926,980
b Net investment income (if negative, enter -0-) 403,268
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............. 100 100 100
2 Savings and temporary cash investments......... 1,343,580 1,969,026 1,969,026
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) 430,074 Click to see attachment
List of Attached Documents:
// Content
1,171,313 		1,169,598
b Investments—corporate stock (attach schedule)....... 7,151,256 Click to see attachment
List of Attached Documents:
// Content
7,010,697 		15,182,969
c Investments—corporate bonds (attach schedule)....... 646,307 Click to see attachment
List of Attached Documents:
// Content
792,958 		757,131
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).......... 9,001,260 Click to see attachment
List of Attached Documents:
// Content
8,807,262 		13,658,250
14 Land, buildings, and equipment: basis right arrow29,114
Less: accumulated depreciation (attach schedule) right arrow28,246 1,562 Click to see attachment
List of Attached Documents:
// Content
868 		868
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,302,782 		Click to see attachment
List of Attached Documents:
// Content
750 		Click to see attachment
List of Attached Documents:
// Content
750
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,876,921 19,752,974 32,738,692
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 3,025,574 3,025,574
28 Retained earnings, accumulated income, endowment, or other funds 16,851,347 16,727,400
29 Total net assets or fund balances (see instructions)..... 19,876,921 19,752,974
30 Total liabilities and net assets/fund balances (see instructions). 19,876,921 19,752,974
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
19,876,921
2
Enter amount from Part I, line 27a .....................
2
-926,980
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
806,011
4
Add lines 1, 2, and 3 ..........................
4
19,755,952
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,978
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
19,752,974
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 PUBLICLY TRADED SECURITIES - US BANK      
b PUBLICLY TRADED SECURITIES - US BANK      
c PUBLICLY TRADED SECURITIES - SCHWAB      
d CAPITAL GAINS DIVIDENDS P    
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 50,968   58,094 -7,126
b 608,353   539,088 69,265
c 558,213   376,361 181,852
d 175     175
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       -7,126
b       69,265
c       181,852
d       175
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 2 244,166
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 5,605
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 5,605
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 5,605
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 23,864
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 23,864
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 18,259
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow18,259 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 arrowOK
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 arrowSHERYL SMITH Telephone no.right arrow (307) 733-8829

Located atright arrowPO BOX 54917OKLAHOMA CITYOK ZIP+4right arrow73154
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)
Yes
 
(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
WILLIAM G KERR CHAIRMAN
5.00 		0 0 0
PO BOX 54917
OKLAHOMA CITY,OK73154
MARA KERR SECRETARY/ TREASURER
30.00 		50,000 5,000 30,627
PO BOX 54917
OKLAHOMA CITY,OK73154
KAVAR KERR PRESIDENT
30.00 		43,750 4,375 13,886
PO BOX 54917
OKLAHOMA CITY,OK73154
GRAYCEN MASHBURN VICE CHAIRMAN
10.00 		25,000 2,500 46,994
PO BOX 54917
OKLAHOMA CITY,OK73154
NANCY KERR DIRECTOR
1.00 		0 0 0
PO BOX 54917
OKLAHOMA CITY,OK73154
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
16,485,236
b
Average of monthly cash balances.......................
1b
911,058
c
Fair market value of all other assets (see instructions)................
1c
15,765,519
d
Total (add lines 1a, b, and c).........................
1d
33,161,813
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
33,161,813
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
497,427
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
32,664,386
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,633,219
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
1,633,219
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
5,605
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,605
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,627,614
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,627,614
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
1,627,614
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
1,784,675
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
1,784,675
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 1,627,614
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022...... 129,128
f Total of lines 3a through e ........ 129,128
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,784,675
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 1,627,614
e Remaining amount distributed out of corpus 157,061
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 5 286,189
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		286,189
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022.... 129,128
e Excess from 2023.... 157,061
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).)
WILLIAM G KERR
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
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

AMERICAN INDIAN CULTURAL CENTER FOUNDATION

659 AMERICAN INDIAN BLVD
OKLAHOMA CITY,OK73129 		NONE PC FIVE YEAR PLEDGE FOR SUPPORT OF MUSEUM 2,000

NATIONAL MUSEUM OF WILDLIFE ART

PO BOX 6825
JACKSON HOLE,WY83002 		NONE PC ART GIFT TO MUSEUM 1,000,000

BLOWING ROCK CHARITY HORSE SHOW FDN

PO BOX 650
BLOWING ROCK,NC28605 		NONE PC SUPPORT THE ANNUAL BLOWING ROCK CHARITY HORSE SHOW 4,000

CITY RESCUE MISSION

800 W CALIFORNIA AVE
OKLAHOMA CITY,OK73106 		NONE PC ONGOING EXPENSES WITH THE GENERAL OPERATING FUND 5,000

CLEATS FOR KIDS

720 W WILSHIRE BLVD STE 120
OKLAHOMA CITY,OK73116 		NONE PC PROVIDE ATHLETIC FOOTWEAR & EQUIPMENT TO UNDERPRIVILEDGED YOUTH 10,000

CLIMB - WYOMING

PO BOX 425
CHEYENNE,WY82003 		NONE PC GENERAL OPERATING SUPPORT 15,000

COMMUNITY FOUNDATION OF JACKSON HOLE

PO BOX 574
CHEYENNE,WY82003 		NONE PC OLD BILL'S FUN RUN-SUPPORTS MULTIPLE CHARITIES IN JACKSON, WY 27,000

COMMUNITY SAFETY NETWORK

PO BOX 1328
JACKSON HOLE,WY83001 		NONE PC GENERAL OPERATING SUPPORT 15,000

DRESS FOR SUCCESS

133 W MAIN ST STE 102
OKLAHOMA CITY,OK73102 		NONE PC DONATION FOR GENERAL OPERATING FUND 10,000

EDMOND MOBILE MEALS

25 WEST 3RD ST
EDMOND,OK73003 		NONE PC GENERAL OPERATING FUND 17,000

FREE TO LIVE ANIMAL SANCTUARY

PO BOX 5884
EDMOND,OK730835884 		NONE PC GENERAL OPERATING FUND 5,000

HAWAII COMMUNITY FOUNDATION

827 FORT STREET MALL
HONOLULU,HI968134317 		NONE PC GENERAL FUND FOR THE WILDFIRES ON MAUI 10,000

HOPE CENTER OF EDMOND

PO BOX 2915
EDMOND,OK73083 		NONE PC SUPPORT EDMOND COMMUNITY FAMILIES 5,000

JESUS HOUSE

1335 WEST SHERIDAN AVE
OKLAHOMA CITY,OK73106 		NONE PC GENERAL OPERATING FUND 10,000

KENTUCKY HORSE PARK FOUNDATION

4075 IRON WORKS PARKWAY
LEXINGTON,KY40511 		NONE PC SUPPORT THE MAN O'WAR SOCIETY AT KENTUCKY HORSE PK FDN 2,500

MAKE-A-WISH OKLAHOMA

1900 NW EXPRESSWAY SUITE 700
OKLAHOMA CITY,OK73106 		NONE PC GENERAL OPERATING FUND 5,000

NATIONAL MUSEUM OF WILDLIFE ART

PO BOX 6825
JACKSON HOLE,WY83002 		NONE PC VARIOUS GRANTS AND SPONSORSHIPS 156,000

NEXUS EQUINE

PO BOX 54572
OKLAHOMA CITY,OK73154 		NONE PC GRANT OF $8225 FOR RITA'S EQUINE ANGEL FUND & $1775 FOR ANIMAL CARE SUPPLIES, GOLF INVITATIONAL TO RAISE FUNDS FOR ANIMAL CARE 24,500

OKLAHOMA CONTEMPORARY

PO BOX 3062
OKLAHOMA CITY,OK73101 		NONE PC DONOR FIN 3 YR PLEDGE TO SUPPORT CONTEMPORARY ART AND PROGRAMS 2,500

PEPPERS RANCH FOSTER COMMUNITY

3172 PEPPERS RANCH DRIVE
GUTHRIE,OK73044 		NONE PC DONOR FIN 3 YR PLEDGE TO SUPPORT CONTEMPORARY ART AND PROGRAMS 5,000

PROTEZ FOUNDATION

3510 HOPKINS PL W130D
OAKDALE,MN55128 		NONE PC GRANT TO SUPPLY PROSTHETICS TO UKRAINIANS IN NEED 51,000

TETON COUNTY LIBRARY

PO BOX 1629
JACKSON HOLE,WY83001 		NONE PC GENERAL OPERATING FUND 15,000

TETON YOUTH & FAMILY SERVICES

PO BOX 2631
JACKSON HOLE,WY83001 		NONE PC GENERAL OPERATING FUND 15,000

THE NATURE CONSERVANCY

PO BOX 1561
MERRIFIELD,VA22116 		NONE PC ANNUAL MEMBERSHIP TO HELP PROTECT ENVIRONMENT 6,500

UNIVERSITY OF OKLAHOMA FOUNDATION INC

100 TIMBERDELL ROAD
NORMAN,OK72019 		NONE PC ATHLETIC DEPARTMENT GENERAL CAPITAL FUND 30,000

WESTERN CLUB FOUNDATION

5207 N WESTERN AVENUE
OKLAHOMA CITY,OK73118 		NONE PC ROOF REPLACEMENT FUND 5,000

WOOLAROC MUSEUM & WILDLIFE PRESERVE

1925 WOOLAROC RANCH ROAD
BARTLESVILLE,OK74003 		NONE PC GENERAL SUPPORT 2,500
Total .................................right arrow 3a 1,455,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 20,671  
4 Dividends and interest from securities ....     14 317,635  
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 ............ 		    18 244,166  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION SETTLEMENT 		    14 158  
bINCOME/(LOSS) FROM PASSTHROUGH     14 2,978  
cMISCELLANEOUS INVESTMENT INCOME     14 612  
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 586,220 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
586,220
(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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
ROBERT S & GRAYCE B KERR FOUNDATION
 
Employer identification number

73-1256123
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
ROBERT S & GRAYCE B KERR FOUNDATION
  		Employer identification number
73-1256123
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
WILLIAM AND JOARTHUR KERR LIFE INSURANCE BENEFITS
 
PO BOX 55979
 
BOSTON, MA02205

$ 485,044


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
ROBERT S & GRAYCE B KERR FOUNDATION
  		Employer identification number

73-1256123
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
ROBERT S & GRAYCE B KERR FOUNDATION
  		Employer identification number

73-1256123
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 6,100 3,050 0 3,050

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
3 DWR LATERAL FILE CABINET 1993-10-01 403 403 SL 10.000000000000 0 0 0  
FILE CABINETS 1997-04-01 1,346 1,346 SL 10.000000000000 0 0 0  
VALTON BRONZE 2006-04-12 3,500 3,500 SL 10.000000000000 0 0 0  
MIEDUCH SKETCH 2007-10-19 350 350 SL 10.000000000000 0 0 0  
SEABEK PORTRAIT 2007-11-01 1,090 1,090 SL 10.000000000000 0 0 0  
DOHENY YOSEMITE OIL 2008-06-08 7,500 7,500 SL 10.000000000000 0 0 0  
HP LASERJET IV 1995-06-01 1,595 1,595 SL 5.000000000000 0 0 0  
MICROEDGE SOFTWARE 1995-12-01 3,500 3,500 SL 5.000000000000 0 0 0  
MICROSOFT OFFICE FOR MAC 2003-07-18 452 452 SL 5.000000000000 0 0 0  
DELL COMPUTER & 2 MONITORS 2013-11-26 1,377 1,377 SL 5.000000000000 0 0 0  
MACBOOK PRO 2016-01-01 1,695 1,695 SL 5.000000000000 0 0 0  
CONNECTINGPOINT LAPTOP 2006-08-17 2,835 2,835 SL 5.000000000000 0 0 0  
ONLINE COMPUTER SYSTEMS 2020-04-10 3,471 1,909 SL 5.000000000000 694 0 694  

TY 2023 InvestmentsCorpBondsSchedule
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Name of Bond End of Year Book Value End of Year Fair Market Value
25000 SHS STARBUCKS CORP 24,942 23,790
50000 SHS APPLE INC 49,885 48,063
50000 SHS DEERE CO 57,283 54,557
50000 SHS CONOCO INC 55,601 55,700
100000 SHS DEERE & CO 126,915 119,314
50000 SHS KRAFT FOODS INC 53,050 55,419
75000 SHS COMCAST CORP NEW NT 75,051 75,452
75000 SHS AIR PRODUCTS AND CHEMICALS INC SR 77,461 77,392
50000 SHS AT&T INC 54,038 55,003
8312.79 SHS VANGUARD INFLATION PROTECTED SECS AD 218,732 192,441

TY 2023 InvestmentsCorpStockSchedule
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Name of Stock End of Year Book Value End of Year Fair Market Value
2605 SHS ALPHABET INC 323,538 363,892
2915 SHS COMCAST CORP CLASS A 104,084 127,823
35 SHS AUTOZONE INC 41,004 90,496
19 SHS BOOKING HOLDINGS INC 53,816 67,397
310 SHS DOLLAR GENERAL CORP 35,765 42,145
570 SHS LOWES CO INC 125,737 126,854
805 SHS NIKE INC 51,717 87,399
765 SHS ROSS STORES INC 52,210 105,868
730 SHS STARBUCKS CORP COM 54,783 70,087
200 SHS COSTCO WHSL CORP 50,071 132,016
855 SHS PEPSICO INC 111,299 145,213
1585 SHS CONOCOPHILLIPS 133,332 183,971
1170 SHS J P MORGAN CHASE CO COM 123,196 199,017
370 SHS MARSH MCLENNAN COS INC 41,009 70,104
890 SHS NORTHERN TRUST CORP 80,135 75,098
535 SHS T ROWE PRICE GROUP INC 89,164 57,614
1250 SHS US BANCORP 61,763 54,100
916 SHS VISA INC COM CI A 136,678 238,481
500 SHS AGILENT TECHNOLOGIES INC 60,904 69,515
332 SHS BECTON DICKINSON AND CO 58,288 80,952
165 SHS COOPER COS INC 56,311 62,443
948 SHS JOHNSON JOHNSON 145,856 148,590
960 SHS MERCK CO INC 63,074 104,659
490 SHS STRYKER CORP 61,255 146,735
375 SHS UNITEDHEALTH GROUP INC COM 103,701 197,426
200 SHS DEERE CO 55,163 79,974
795 SHS DONALDSON CO INC 37,724 51,953
240 SHS HUBBELL INC COM 40,682 78,943
630 SHS UNION PACIFIC CORP COM 117,921 154,741
695 SHS UNITED PARCEL SERVICE INC CI B 90,307 109,275
210 SHS ADOBE INC 92,368 125,286
600 SHS ANALOG DEVICES 84,686 119,136
1800 SHS APPLE INC COM 124,624 346,554
800 SHS APPLIED MATERIALS INC 111,454 129,656
460 SHS AUTOMATIC DATA PROCESSING 63,354 107,166
2185 SHS CISCO SYSTEMS INC 87,786 110,386
150 SHS FACTSET RESEARCH SYSTEMS INC 53,103 71,558
1445 SHS MICROSOFT CORP COM 159,618 543,378
380 SHS WATERS CORP COM 84,874 125,107
320 SHS AIR PRODUCTS CHEMICALS INC 79,858 87,616
565 SHS APTAR GROUP INC 44,996 69,845
700 SHS EVERSOURCE ENERGY 52,289 43,204
1640 SHS SCHLUMBERGER LTD COM STK 80,613 85,346
560 SHS CHUBB LIMITED COM 98,370 126,560
610 SHS ACCENTURE PLC IRELAND SHS CLASS A 99,539 214,055
480 SHS TE CONNECTIVITY LTD SHS 64,666 67,440
3321.72 SHS BOSTON TRUST WALDEN INTL EQUITY FUND 40,700 44,577
3429.71 SHS BOSTON TRUST WALDEN SMALL CAP FUND 47,809 58,271
12082.817 SHS BOSTON TRUST WALDEN SMID CAP FUND 275,102 274,280
3756 SHS VANGUARD ESG INTERNATIONAL STOCK 225,166 207,632
2000 SHS ABBOTT LABORATORIES 39,960 220,140
1500 SHS ABBVIE INC 32,337 232,455
300 SHS AIR PROD & CHEMICALS 51,905 82,140
1600 SHS ALPHABET INC 24,662 223,504
1600 SHS ALPHABET INC 24,516 225,448
3000 SHS APPLE INC 10,198 577,590
1800 SHS COLGATE-PALMOLIVE CO 11,127 143,478
4000 SHS COTERRA ENERGY INC 8,450 102,080
1800 SHS CULLEN FROST BANKERS 14,063 195,282
1400 SHS DANAHER CORP 26,684 323,876
1400 SHS EMERSON ELECRIC CO 125,935 136,262
1120 SHS EOG RESOURCES INC 74,636 135,464
2000 SHS EXXON MOBIL CORP 75,980 199,960
2600 SHS F M C CORP 54,904 163,930
1300 SHS FORTIVE CORP DISC 14,877 95,719
2460 SHS FRANKLIN ELECTRIC CO 51,318 237,759
7000 SHS GLACIER BANCORP INC NEW 48,900 289,240
400 SHS HOME DEPOT INC 88,101 138,620
1300 SHS HONEYWELL INTL INC 67,974 272,623
1238 SHS JOHNSON & JOHNSON 82,035 194,044
1300 SHS KIMBERLY CLARK CORP 28,729 157,963
2900 SHS KRAFT HEINZ CO 112,376 107,242
155 SHS LILLY ELI & CO 65,923 90,353
1080 SHS MARTIN MARIETTA MATERIAL 92,314 538,823
2300 SHS MICROSOFT CORP 117,121 864,892
5000 SHS NEOGEN CORP 65,930 100,550
3500 SHS NEWELL BRANDS INC 83,890 30,380
2500 SHS ORACLE CORP 138,542 263,575
800 SHS PAYPAL HOLDINGS INCORPOR 63,175 49,128
1500 SHS PEPSICO INC 73,791 254,760
5000 SHS PFIZER INC 102,673 143,950
1150 SHS PROCTOR & GAMBLE 73,401 168,521
550 SHS ROPER TECHNOLOGIES 33,067 299,844
340 SHS TELEDYNE TECHNOLOGIE 133,749 151,739
2700 SHS THE COCA-COLA CO 57,072 159,111
500 SHS THERMO FISHER SCNTFC 16,214 265,395
1000 SHS TORO CO 68,167 95,990
1325 SHS TRACTOR SUPPLY COMP 11,317 284,915
3200 SHS TRIMBLE INC 30,412 170,240
700 SHS VALMONT INDUSTRIES 96,209 163,457
466 SHS VERALTO CORP 3,517 38,333
1000 SHS XYLEM INC 83,084 114,360

TY 2023 InvestmentsGovtObligationsSch
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
US Government Securities - End of Year Book Value:

1,171,313
US Government Securities - End of Year Fair Market Value:

1,169,598
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsOtherSchedule2
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ARTWORK AT COST 8,807,262 13,658,250

TY 2023 LandEtcSchedule2
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
3 DWR LATERAL FILE CABINET 403 403 0  
FILE CABINETS 1,346 1,346 0  
VALTON BRONZE 3,500 3,500 0  
MIEDUCH SKETCH 350 350 0  
SEABEK PORTRAIT 1,090 1,090 0  
DOHENY YOSEMITE OIL 7,500 7,500 0  
HP LASERJET IV 1,595 1,595 0  
MICROEDGE SOFTWARE 3,500 3,500 0  
MICROSOFT OFFICE FOR MAC 452 452 0  
DELL COMPUTER & 2 MONITORS 1,377 1,377 0  
MACBOOK PRO 1,695 1,695 0  
CONNECTINGPOINT LAPTOP 2,835 2,835 0  
ONLINE COMPUTER SYSTEMS 3,471 2,603 868  


TY 2023 LegalFeesSchedule
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 10,155 2,539 0 7,616


TY 2023 OtherAssetsSchedule
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
LIFE INSURANCE SURRENDER VALUE 1,302,032 0 0
RENTAL DEPOSIT 750 750 750


TY 2023 OtherDecreasesSchedule
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Description Amount
AEU BOOK/TAX DIFFERENCE 2,978


TY 2023 OtherExpensesSchedule
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSES 407 0 0 407
INSURANCE 9,500 4,750 0 4,750
POSTAGE 1,214 0 0 1,214
DUES AND MEMBERSHIPS 928 0 0 928
CONTRACT LABOR 5,749 2,875 0 2,875
COMPUTER PROGRAMS 3,558 0 0 3,558
INFORMATION TECHNOLOGY 101 0 0 101
STORAGE 272 272 0 0


TY 2023 OtherIncomeSchedule2
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CLASS ACTION SETTLEMENT 158   0
INCOME/(LOSS) FROM PASSTHROUGH 2,978 61 0
MISCELLANEOUS INVESTMENT INCOME 612 612 0


TY 2023 OtherIncreasesSchedule
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Description Amount
CHANGE IN FAIR MARKET VALUE OF ARTWORK DONATED 806,011


TY 2023 OtherProfessionalFeesSchedule
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 99,690 99,690 0 0
OTHER FEES 200 200 0 0


TY 2023 TaxesSchedule
Name:
ROBERT S & GRAYCE B KERR FOUNDATION
EIN:
73-1256123
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 15,245 7,623 0 7,623
EXCISE TAX 33,000 0 0 0
FOREIGN TAXES 662 662 0 0