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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE ASHURST-LANE FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)5648 WOODSIDE CIRCLE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MONTGOMERY, AL361172601
A Employer identification number

63-1280870
B Telephone number (see instructions)

(334) 277-1738
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$1,038,003
J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 665 665  
4 Dividends and interest from securities... 11,030 11,030  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 171,635
b Gross sales price for all assets on line 6a 9,662,996
7 Capital gain net income (from Part IV, line 2)... 171,635
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 183,330 183,330  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 2,000 1,000   1,000
c Other professional fees (attach schedule).... 5,785 5,785   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 197 197   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,982 6,982   1,000
25 Contributions, gifts, grants paid....... 37,600 37,600
26 Total expenses and disbursements. Add lines 24 and 25 45,582 6,982   38,600
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 137,748
b Net investment income (if negative, enter -0-) 176,348
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 55,597 187,703 187,703
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..........   8 8
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 825,644 Click to see attachment
List of Attached Documents:
// Content
831,994
850,292
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 881,241 1,019,705 1,038,003
Liabilities 17 Accounts payable and accrued expenses.......... 174 186
18 Grants payable.................    
19 Deferred revenue................. 1,716 2,420
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)......... 1,890 2,606
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 0 0
28 Retained earnings, accumulated income, endowment, or other funds 879,351 1,017,099
29 Total net assets or fund balances (see instructions)..... 879,351 1,017,099
30 Total liabilities and net assets/fund balances (see instructions). 881,241 1,019,705
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
879,351
2
Enter amount from Part I, line 27a .....................
2
137,748
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,017,099
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,017,099
Form 990-PF (2024)
Form 990-PF (2024)
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 3M CO COM P 2024-06-30 2024-07-01
b AAON INC COM PAR $0 004 P 2024-05-02 2024-05-06
c ABBVIE INC COM P 2024-06-30 2024-07-01
d ABERCROMBIE & FITCH CO CL A P 2024-06-30 2024-07-01
e ABRDN ASIA-PACIFIC INCOME FD INC COM NEW P 2024-09-10 2024-11-19
ACADEMY SPORTS & OUTDOORS INC COM P 2024-06-30 2024-07-01
ACI WORLDWIDE INC COM P 2024-06-30 2024-07-01
ACM RESH INC CL A P 2024-03-07 2024-03-11
ADMA BIOLOGICS INC COM P 2024-06-30 2024-07-01
ADVANCED MICRO DEVICES INC COM P 2024-03-06 2024-03-14
AEROVIRONMENT INC COM P 2024-06-30 2024-07-01
AFFIRM HLDGS INC CL A P 2024-06-30 2024-07-01
AGILYSYS INC COM P 2024-06-30 2024-07-01
AGIOS PHARMACEUTICALS INC COM P 2024-07-23 2024-07-29
AIRBNB INC CL A COM P 2024-06-30 2024-07-01
ALAMO GROUP INC COM P 2024-02-12 2024-02-16
ALARUM TECHNOLOGIES LTD SPONS ADR NEW ISIN#US78643B5003 P 2024-06-30 2024-07-01
ALKAMI TECHNOLOGY INC COM P 2024-06-30 2024-07-01
ALLISON TRANSMISSION HLDGS INC COM P 2024-06-30 2024-07-01
ALLSTATE CORP COM P 2024-06-30 2024-07-01
ALLY FINL INC COM P 2024-06-30 2024-07-01
ALNYLAM PHARMACEUTICALS INC COM P 2024-06-30 2024-07-01
ALPHA & OMEGA SEMICONDUCTOR LTD SHS ISIN#BMG6331P1041 P 2024-06-30 2024-07-01
ALPHABET INC CL A P 2024-06-30 2024-07-01
ALTAIR ENGR INC C/A EFF 03/26/25 1 OLD / USD 113 P 2024-06-30 2024-07-01
AMER SPORTS INCORPORATION REGISTERED SHS ISIN#KYG0260P1028 P 2024-06-30 2024-07-01
AMERICAN CENTY ETF TR AVANTIS U S SMALL CAP VALUE ETF P 2024-07-25 2024-08-01
AMERICAN EAGLE OUTFITTERS INC NEW COM P 2024-06-30 2024-07-01
AMERICAN EXPRESS CO COM P 2024-06-30 2024-07-01
AMERICAN HEALTHCARE REIT INC COM P 2024-06-30 2024-07-01
AMERICAN SUPERCONDUCTOR CORP SHS NEW P 2024-06-30 2024-07-01
AMKOR TECHNOLOGY INC COM P 2024-06-30 2024-07-01
AMNEAL PHARMACEUTICALS INC CL A P 2024-06-17 2024-06-26
AMPHASTAR PHARMACEUTICALS INC DEL COM P 2024-06-30 2024-07-01
AMPHENOL CORP NEW CL A P 2024-06-30 2024-07-01
AON PLC REGISTERED SHS CL A ISIN#IE00BLP1HW54 P 2024-06-30 2024-07-01
API GROUP CORP COM P 2024-06-28 2024-07-02
APOLLO GLOBAL MGMT INC NEW COM P 2024-06-30 2024-07-01
APPFOLIO INC COM CL A P 2024-06-30 2024-07-01
APPLIED MATLS INC COM P 2024-04-11 2024-04-18
APPLIED OPTOELECTRONICS INC COM P 2024-06-30 2024-07-01
APPLIED THERAPEUTICS INC COM P 2024-06-30 2024-07-01
APPLOVIN CORP COM CL A P 2024-06-30 2024-07-01
ARCELLX INC COM P 2024-06-30 2024-07-01
ARCHROCK INC COM P 2024-06-30 2024-07-01
ARGAN INC COM P 2024-06-30 2024-07-01
ARGENX SE SPONS ADS ISIN# US04016X1019 P 2024-06-30 2024-07-01
ARISTA NETWORKS INC COM NEW P 2024-12-13 2024-12-19
ARISTA NETWORKS INC F/S EFF 12/04/24 4 NEW CU XXX-XX-XXXX ARISTA NETWORKS INC P 2024-06-30 2024-07-01
ARLO TECHNOLOGIES INC COM P 2024-06-30 2024-07-01
ARM HLDGS PLC SPONS ADR NEW ISIN#US0420682058 P 2024-06-30 2024-07-01
ARTIVION INC COM P 2024-06-30 2024-07-01
ASCENDIS PHARMA A/S SPONSORED ADR P 2024-06-30 2024-07-01
ASML HLDG N V N Y REGISTRY SHS NEW 2012 P 2024-06-30 2024-07-01
ASPEN AEROGELS INC COM P 2024-06-30 2024-07-01
ASTERA LABS INC COM P 2024-06-30 2024-07-01
ASTRIA THERAPEUTICS INC COM P 2024-03-15 2024-03-26
ATKORE INC COM P 2024-06-30 2024-07-01
ATLASSIAN CORP CL A P 2024-01-30 2024-02-02
AUTODESK INC COM P 2024-06-30 2024-07-01
AVALONBAY CMNTYS INC COM P 2024-09-09 2024-10-01
AVEPOINT INC COM P 2024-06-30 2024-07-01
AVIDITY BIOSCIENCES INC COM P 2024-06-30 2024-07-01
AVIDXCHANGE HLDGS INC COM P 2024-02-14 2024-02-21
AXCELIS TECHNOLOGIES INC COM NEW P 2024-06-30 2024-07-01
AXON ENTERPRISE INC COM P 2024-06-30 2024-07-01
AZEK CO INC CL A P 2024-06-30 2024-07-01
BADGER METER INC COM P 2024-06-30 2024-07-01
BALDWIN INSURANCE GROUP INC CL A P 2024-06-30 2024-07-01
BALL CORP COM P 2024-05-14 2024-05-29
BANCORP INC DEL COM P 2024-06-30 2024-07-01
BANK NEW YORK MELLON CORP COM P 2024-06-30 2024-07-01
BEACON ROOFING SUPPLY INC COM P 2024-06-30 2024-07-01
BELDEN INC NEW COM P 2024-06-30 2024-07-01
BELLRING BRANDS INC NEW COM P 2024-06-30 2024-07-01
BGC GROUP INC CL A P 2024-07-15 2024-07-30
BILL HLDGS INC COM P 2024-06-30 2024-07-01
BIOHAVEN LTD USD COM SHS ISIN#VGG1110E1079 P 2024-06-30 2024-07-01
BIRKENSTOCK HLDG PLC ORD SHS ISIN#JE00BS44BN30 P 2024-06-30 2024-07-01
BLACKSTONE INC COM P 2024-06-30 2024-07-01
BLACKSTONE SECD LENDING FD COM P 2024-06-30 2024-07-01
BLOCK INC CL A P 2024-06-30 2024-07-01
BLUE OWL CAP INC COM CL A P 2024-06-30 2024-07-01
BLUEPRINT MEDICINES CORP COM P 2024-06-30 2024-07-01
BOISE CASCADE CO COM P 2024-06-30 2024-07-01
BOOKING HLDGS INC COM P 2024-06-30 2024-07-01
BOOT BARN HLDGS INC COM P 2024-06-30 2024-07-01
BOOZ ALLEN HAMILTON HLDG CORP CL A P 2024-06-30 2024-07-01
BRIDGEBIO PHARMA INC COM P 2024-06-30 2024-07-01
BRINKER INTL INC COM P 2024-06-30 2024-07-01
BRINKS CO COM P 2024-06-30 2024-07-01
BROADCOM INC COM P 2024-06-30 2024-07-01
BUCKLE INC COM P 2024-02-22 2024-03-08
BURLINGTON STORES INC COM P 2024-06-30 2024-07-01
BWX TECHNOLOGIES INC COM P 2024-06-30 2024-07-01
CABALETTA BIO INC COM P 2024-06-30 2024-07-01
CACI INTL INC CL A P 2024-06-30 2024-07-01
CACTUS INC CL A P 2024-11-29 2024-12-12
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CAPITAL ONE FINL CORP COM P 2024-06-30 2024-07-01
CAREDX INC COM P 2024-10-02 2024-10-11
CARLYLE GROUP INC COM P 2024-07-31 2024-08-05
CARNIVAL PLC ADR P 2024-01-05 2024-01-12
CARPENTER TECHNOLOGY CORP COM P 2024-06-30 2024-07-01
CARRIER GLOBAL CORP COM P 2024-06-30 2024-07-01
CARVANA CO CL A P 2024-06-30 2024-07-01
CATHAY GEN BANCORP COM P 2024-07-25 2024-07-29
CAVA GROUP INC COM P 2024-06-30 2024-07-01
CAVCO INDS INC DEL COM P 2024-06-30 2024-07-01
CBRE GROUP INC CL A P 2024-06-30 2024-07-01
CELESTICA INC C/A EFF 04/30/24 1 OLD/ 1 NEW CU 15101Q207 CELESTICA INC P 2024-06-30 2024-07-01
CELESTICA INC REGISTERED SHS ISIN#CA15101Q2071 P 2024-06-30 2024-07-01
CELSIUS HLDGS INC COM NEW P 2024-06-30 2024-07-01
CENTURY ALUM CO COM P 2024-06-30 2024-07-01
CENTURY CMNTYS INC COM P 2024-06-30 2024-07-01
CHAMPION HOMES INC COM P 2024-06-30 2024-07-01
CHECK POINT SOFTWARE TECHNOLOGIES LTD SHS ISIN#IL0010824113 P 2024-06-30 2024-07-01
CHEFS WHSE INC COM P 2024-06-30 2024-07-01
CHIPOTLE MEXICAN GRILL INC COM P 2024-06-30 2024-07-01
CIRRUS LOGIC INC COM P 2024-06-30 2024-07-01
CITIGROUP INC COM NEW P 2024-06-30 2024-07-01
CLEAR SECURE INC CL A P 2024-06-30 2024-07-01
CLEARWATER ANALYTICS HLDGS INC CL A P 2024-06-30 2024-07-01
CLOUDFLARE INC CL A P 2024-06-30 2024-07-01
CNX RES CORP COM P 2024-04-02 2024-04-18
COHERENT CORP COM P 2024-06-30 2024-07-01
COINBASE GLOBAL INC COM CL A P 2024-06-30 2024-07-01
COLLEGIUM PHARMACEUTICAL INC COM P 2024-06-30 2024-07-01
COMFORT SYS USA INC COM P 2024-06-30 2024-07-01
COMMVAULT SYS INC COM P 2024-07-31 2024-08-02
CONSTELLATION ENERGY CORP COM P 2024-06-30 2024-07-01
CONSTRUCTION PARTNERS INC CL A P 2024-06-30 2024-07-01
CORE & MAIN INC COM CL A P 2024-06-30 2024-07-01
CORECIVIC INC COM P 2024-06-30 2024-07-01
CORNING INC COM P 2024-06-30 2024-07-01
CORPAY INC COM P 2024-06-30 2024-07-01
COSTCO WHOLESALE CORP NEW COM P 2024-09-12 2024-09-19
COUPANG INC CL A P 2024-06-30 2024-07-01
CRANE CO NEW COM P 2024-06-30 2024-07-01
CREDICORP LTD COM ISIN#BMG2519Y1084 P 2024-06-30 2024-07-01
CREDO TECHNOLOGY GROUP HOLDING LIMITED REGISTERED SHS ISIN#KYG254571055 P 2024-06-30 2024-07-01
CRINETICS PHARMACEUTICALS INC COM P 2024-06-30 2024-07-01
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CULLEN / FROST BANKERS INC COM P 2024-11-11 2024-11-19
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CYMABAY THERAPEUTICS INC C/A EFF 03/25/24 1 OLD / USD 32.5 P 2024-06-30 2024-07-01
DARDEN RESTAURANTS INC COM P 2024-06-30 2024-07-01
DATADOG INC CL A P 2024-06-30 2024-07-01
DAVE & BUSTERS ENTMT INC COM P 2024-06-30 2024-07-01
DAVITA INC COM P 2024-06-30 2024-07-01
DAYFORCE INC COM P 2024-06-30 2024-07-01
DECKERS OUTDOOR CORP COM P 2024-06-30 2024-07-01
DELL TECHNOLOGIES INC CL C P 2024-06-30 2024-07-01
DESCARTES SYS GROUP INC COM P 2024-06-30 2024-07-01
DEXCOM INC COM P 2024-06-30 2024-07-01
DICKS SPORTING GOODS INC OC-COM P 2024-06-30 2024-07-01
DIGIMARC CORP NEW COM P 2024-06-30 2024-07-01
DILLARDS INC CL A P 2024-06-30 2024-07-01
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DOMINOS PIZZA INC COM P 2024-06-30 2024-07-01
DOORDASH INC CL A P 2024-06-30 2024-07-01
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DUTCH BROS INC CL A P 2024-06-30 2024-07-01
DYCOM INDS INC COM P 2024-06-30 2024-07-01
DYNATRACE INC COM P 2024-06-30 2024-07-01
DYNE THERAPEUTICS INC COM P 2024-06-30 2024-07-01
E L F BEAUTY INC COM P 2023-12-18 2024-01-03
EAGLE MATLS INC COM P 2024-06-30 2024-07-01
EBAY INC COM P 2024-06-30 2024-07-01
ECHOSTAR CORP CL A P 2024-06-30 2024-07-01
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G-III APPAREL GROUP LTD COM P 2024-02-22 2024-02-28
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GENEDX HLDGS CORP CL A NEW P 2024-06-30 2024-07-01
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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 7,236   7,461 -225
b 6,416   7,659 -1,243
c 12,308   12,289 19
d 14,596   12,180 2,416
e 20,748   21,654 -906
15,926   16,033 -107
37,869   35,766 2,103
6,432   7,242 -810
6,594   5,706 888
6,920   7,549 -629
21,296   23,119 -1,823
8,042   7,125 917
12,594   13,393 -799
7,394   7,694 -300
11,090   11,117 -27
9,127   9,580 -453
6,848   8,976 -2,128
24,711   24,600 111
14,236   14,095 141
16,178   16,032 146
27,733   28,389 -656
18,323   20,556 -2,233
25,702   27,585 -1,883
11,021   10,134 887
12,116   12,341 -225
9,568   8,372 1,196
14,189   14,588 -399
15,813   17,180 -1,367
10,452   10,715 -263
11,587   10,911 676
15,953   16,245 -292
16,755   17,334 -579
5,296   5,680 -384
8,619   9,814 -1,195
7,159   6,964 195
11,937   11,322 615
8,370   9,028 -658
19,567   19,171 396
43,453   45,333 -1,880
10,087   11,081 -994
6,863   7,172 -309
8,332   8,043 289
103,363   42,749 60,614
11,273   13,379 -2,106
22,533   22,463 70
13,261   13,575 -314
9,528   8,817 711
3,251   3,251 0
31,860   31,033 827
15,837   17,219 -1,382
28,687   28,302 385
12,596   13,137 -541
17,728   18,071 -343
45,790   47,526 -1,736
17,695   21,289 -3,594
10,890   9,108 1,782
4,786   5,301 -515
8,339   9,925 -1,586
5,905   6,967 -1,062
21,421   21,087 334
7,123   7,222 -99
24,801   20,808 3,993
22,900   24,294 -1,394
7,889   8,201 -312
9,138   10,447 -1,309
47,241   43,566 3,675
26,483   26,221 262
12,278   12,245 33
8,262   8,022 240
7,152   7,487 -335
7,736   7,567 169
10,848   10,597 251
16,200   17,329 -1,129
8,177   8,418 -241
9,301   9,981 -680
7,025   7,286 -261
9,237   9,293 -56
13,181   13,394 -213
13,966   15,209 -1,243
26,692   25,666 1,026
61,616   60,776 840
10,601   11,061 -460
22,484   23,556 -1,072
29,756   30,560 -804
12,749   12,012 737
11,754   11,683 71
16,307   15,412 895
10,849   10,727 122
5,815   6,547 -732
22,071   22,921 -850
7,983   8,238 -255
34,234   29,419 4,815
5,946   6,265 -319
13,944   14,171 -227
16,028   14,806 1,222
10,233   10,360 -127
23,151   21,917 1,234
10,177   10,994 -817
37,257   35,136 2,121
11,228   11,263 -35
7,404   7,974 -570
9,028   11,168 -2,140
4,022   4,050 -28
18,904   19,084 -180
12,801   12,718 83
21,159   20,385 774
5,826   5,975 -149
68,019   57,944 10,075
14,409   15,400 -991
18,196   17,309 887
31,488   28,862 2,626
18,035   17,490 545
20,372   20,571 -199
10,204   11,097 -893
7,494   7,926 -432
12,755   12,362 393
31,691   29,942 1,749
17,229   18,091 -862
10,551   9,487 1,064
11,538   12,442 -904
15,696   15,787 -91
25,107   26,842 -1,735
28,813   25,923 2,890
15,999   12,834 3,165
6,017   6,096 -79
50,763   49,421 1,342
27,541   27,155 386
14,250   14,556 -306
19,187   18,361 826
9,944   10,978 -1,034
21,051   20,439 612
25,975   25,542 433
15,675   18,454 -2,779
7,033   7,201 -168
29,395   29,881 -486
10,068   9,773 295
7,229   7,260 -31
27,246   28,225 -979
26,973   25,248 1,725
8,134   8,278 -144
49,269   44,713 4,556
13,651   14,067 -416
32,727   27,503 5,224
8,558   8,862 -304
47,155   47,391 -236
12,632   9,356 3,276
10,443   11,157 -714
30,149   31,338 -1,189
17,379   18,047 -668
14,068   14,089 -21
18,445   20,286 -1,841
28,002   28,300 -298
16,597   16,261 336
30,322   30,623 -301
9,234   9,441 -207
27,388   26,348 1,040
12,304   12,398 -94
10,497   10,569 -72
6,842   7,778 -936
8,934   8,998 -64
28,609   28,318 291
9,970   11,171 -1,201
20,848   19,715 1,133
23,442   22,588 854
6,964   8,148 -1,184
44,960   41,075 3,885
13,481   12,515 966
7,236   7,424 -188
12,793   14,034 -1,241
29,422   27,234 2,188
6,703   7,376 -673
7,508   8,054 -546
7,469   7,146 323
14,228   14,856 -628
4,658   4,681 -23
17,984   16,590 1,394
13,341   12,881 460
41,438   39,835 1,603
44,813   40,913 3,900
13,151   12,365 786
14,637   14,351 286
8,935   11,809 -2,874
11,604   10,909 695
7,331   7,625 -294
33,883   32,881 1,002
21,605   21,662 -57
11,119   10,302 817
4,545   4,348 197
9,807   9,697 110
8,059   8,199 -140
27,529   28,387 -858
11,532   11,831 -299
6,721   6,960 -239
10,359   10,800 -441
23,599   22,784 815
6,606   7,154 -548
31,605   30,239 1,366
8,248   7,815 433
9,153   9,700 -547
12,477   12,088 389
10,230   10,908 -678
6,847   6,921 -74
8,874   9,292 -418
16,333   16,491 -158
15,104   14,929 175
1,774   1,762 12
11,156   11,342 -186
8,243   8,472 -229
6,590   5,916 674
68,793   68,700 93
54,031   54,466 -435
13,987   15,082 -1,095
23,334   21,080 2,254
11,682   11,420 262
5,961   6,250 -289
8,200   9,255 -1,055
25,423   25,102 321
11,195   11,558 -363
39,198   36,149 3,049
9,403   9,773 -370
9,968   10,551 -583
25,614   25,980 -366
7,101   7,175 -74
15,711   14,999 712
22,475   22,982 -507
32,331   31,163 1,168
2,579   2,510 69
13,124   13,967 -843
8,660   8,513 147
5,641   5,798 -157
43,420   42,085 1,335
35,579   33,831 1,748
15,212   18,095 -2,883
21,584   20,737 847
24,782   24,477 305
6,002   6,092 -90
14,374   13,353 1,021
13,417   12,515 902
42,468   39,870 2,598
9,675   10,639 -964
6,839   7,388 -549
24,819   24,873 -54
11,345   11,793 -448
12,241   11,921 320
21,275   20,102 1,173
5,515   6,058 -543
12,041   12,436 -395
16,761   17,686 -925
9,611   9,726 -115
62,849   61,900 949
7,895   8,191 -296
7,824   7,839 -15
23,508   22,340 1,168
33,010   32,845 165
7,701   7,958 -257
7,582   7,992 -410
22,114   19,307 2,807
43,696   43,116 580
11,032   13,333 -2,301
7,218   8,002 -784
31,513   30,588 925
8,395   9,371 -976
22,026   21,265 761
23,678   26,075 -2,397
21,503   21,719 -216
13,847   13,743 104
11,139   10,628 511
8,747   8,614 133
2,968   2,687 281
28,770   29,474 -704
7,011   7,161 -150
12,689   13,908 -1,219
6,803   7,290 -487
29,043   28,103 940
17,274   15,349 1,925
14,728   14,986 -258
29,652   29,966 -314
39,996   39,090 906
12,148   10,997 1,151
8,030   8,520 -490
34,423   30,197 4,226
9,348   9,383 -35
14,114   14,180 -66
15,762   13,710 2,052
7,506   7,720 -214
12,793   13,265 -472
28,558   27,205 1,353
7,644   8,463 -819
7,988   8,493 -505
48,252   45,987 2,265
30,349   30,803 -454
25,147   24,109 1,038
15,763   17,614 -1,851
9,523   9,270 253
11,041   12,682 -1,641
14,027   15,188 -1,161
11,115   10,778 337
5,857   5,999 -142
32,164   33,931 -1,767
14,852   13,953 899
5,852   5,462 390
7,980   8,781 -801
4,832   5,770 -938
9,043   8,637 406
5,457   5,899 -442
16,520   15,601 919
5,250   4,901 349
7,162   8,070 -908
22,028   21,844 184
26,906   28,038 -1,132
33,635   31,303 2,332
8,305   8,834 -529
6,451   6,581 -130
10,183   9,171 1,012
16,538   14,929 1,609
14,346   15,409 -1,063
9,151   8,972 179
10,309   10,071 238
21,630   20,651 979
13,323   13,665 -342
6,547   8,239 -1,692
5,697   6,063 -366
6,812   7,204 -392
10,769   11,301 -532
8,673   8,610 63
68,811   59,232 9,579
6,708   7,045 -337
7,154   7,028 126
10,383   11,050 -667
7,153   7,471 -318
7,008   6,903 105
7,538   7,958 -420
4,683   4,851 -168
38,034   37,520 514
4,743   5,137 -394
7,646   8,465 -819
15,091   15,740 -649
36,829   37,215 -386
9,708   9,528 180
28,346   27,856 490
14,468   15,297 -829
6,711   7,367 -656
28,955   29,163 -208
23,548   22,080 1,468
6,716   6,798 -82
22,468   23,342 -874
29,263   29,687 -424
7,485   7,308 177
4,981   5,108 -127
59,342   58,435 907
6,768   7,293 -525
32,894   34,505 -1,611
19,153   18,549 604
12,971   12,337 634
10,932   10,583 349
12,405   12,983 -578
7,354   7,007 347
7,275   7,550 -275
22,722   21,893 829
5,736   5,917 -181
61,980   60,712 1,268
6,834   7,136 -302
18,592   18,419 173
27,577   29,404 -1,827
10,614   11,095 -481
22,597   22,326 271
27,145   24,307 2,838
8,477   9,079 -602
7,794   8,169 -375
45,946   42,261 3,685
7,264   6,975 289
17,599   17,424 175
39,785   26,914 12,871
22,902   22,961 -59
7,918   8,598 -680
11,083   11,065 18
10,881   10,424 457
47,229   42,918 4,311
6,052   6,406 -354
5,409   5,455 -46
36,085   34,221 1,864
26,747   27,632 -885
6,910   7,163 -253
54,048   46,790 7,258
22,868   22,262 606
7,662   7,997 -335
7,542   7,536 6
8,546   8,218 328
14,327   15,710 -1,383
7,459   8,380 -921
15,005   12,796 2,209
11,176   11,205 -29
6,054   6,987 -933
14,544   17,003 -2,459
17,726   17,497 229
14,982   16,092 -1,110
35,161   34,135 1,026
19,790   20,013 -223
7,837   8,010 -173
22,893   22,085 808
5,818   6,517 -699
5,169   5,236 -67
36,330   35,914 416
56,721   56,646 75
18,316   18,352 -36
9,732   10,162 -430
6,521   6,804 -283
4,891   5,309 -418
7,451   7,852 -401
6,471   6,933 -462
6,773   7,466 -693
24,591   23,242 1,349
26,717   25,769 948
13,339   13,997 -658
12,413   12,471 -58
10,303   10,893 -590
7,933   8,374 -441
9,144   10,661 -1,517
2,605   2,606 -1
8,808   8,568 240
53,155   47,509 5,646
9,786   10,281 -495
19,005   18,065 940
32,913   25,350 7,563
8,874   6,451 2,423
15,189   15,712 -523
8,907   8,470 437
8,589   8,712 -123
29,248   23,705 5,543
9,166   10,345 -1,179
27,856   27,850 6
11,401   10,409 992
19,855   18,302 1,553
72,943   78,885 -5,942
7,918   8,314 -396
10,748   10,468 280
9,061   9,486 -425
14,225   14,594 -369
55,415   55,677 -262
16,733   18,442 -1,709
12,369   13,520 -1,151
54,984   54,062 922
8,149   8,965 -816
8,992   9,007 -15
33,903   34,477 -574
4,561   6,602 -2,041
18,491   18,899 -408
37,787   36,617 1,170
20,743   17,530 3,213
10,863   10,622 241
15,952   16,380 -428
9,017   9,485 -468
8,030   8,407 -377
8,055   8,387 -332
8,881   9,456 -575
5,844   6,075 -231
7,311   8,292 -981
14,957   14,938 19
14,266   14,560 -294
15,399   15,650 -251
2,984   2,984 0
66,615   56,877 9,738
11,528   11,316 212
10,654   9,990 664
40,589   40,333 256
5,667   5,819 -152
9,607   9,944 -337
29,346   31,021 -1,675
7,555   7,941 -386
8,543   9,436 -893
9,403   9,067 336
29,155   21,833 7,322
42,771   36,096 6,675
8,901   10,596 -1,695
7,331   7,949 -618
13,693   14,528 -835
30,451   30,019 432
9,468   8,837 631
19,215   20,186 -971
14,039   14,461 -422
18,432   17,865 567
10,088   11,209 -1,121
15,057   14,977 80
14,297   11,884 2,413
21,176   20,558 618
7,794   7,416 378
9,435   9,635 -200
12,845   12,809 36
26,953   26,367 586
24,164   24,317 -153
9,731   9,867 -136
38,151   37,899 252
33,434   32,735 699
13,815   12,071 1,744
7,911   7,966 -55
8,416   8,674 -258
8,217   7,922 295
17,040   16,022 1,018
50,652   56,484 -5,832
10,369   10,288 81
17,965   17,557 408
10,910   11,680 -770
18,906   18,940 -34
12,630   13,020 -390
7,246   7,999 -753
9,033   7,867 1,166
11,311   11,224 87
8,923   11,244 -2,321
22,716   24,637 -1,921
20,984   18,211 2,773
7,566   7,124 442
12,540   13,212 -672
7,494   7,606 -112
21,010   22,571 -1,561
18,281   17,651 630
21,286   20,468 818
12,581   12,115 466
8,522   8,534 -12
6,618   7,192 -574
20,359   19,335 1,024
74,525   72,672 1,853
14,967   14,943 24
69,176   68,733 443
18,185   16,360 1,825
9,659   9,418 241
8,373   9,239 -866
9,689   9,235 454
11,443   11,071 372
10,338   10,423 -85
9,695   9,354 341
10,626   10,396 230
61,611   50,566 11,045
11,121   10,446 675
22,761   23,130 -369
7,056   7,665 -609
10,404   10,973 -569
12,734   12,782 -48
43,402   40,042 3,360
20,838   20,150 688
10,224   10,765 -541
13,197   13,140 57
11,039   10,040 999
43,123   38,710 4,413
6,147   5,808 339
29,558   29,947 -389
15,960   15,378 582
3,793   3,873 -80
13,281   14,310 -1,029
28,285   29,354 -1,069
10,240   11,127 -887
9,837   11,484 -1,647
54,936   50,092 4,844
4,492   5,250 -758
19,085   20,140 -1,055
11,477   11,753 -276
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       -225
b       -1,243
c       19
d       2,416
e       -906
      -107
      2,103
      -810
      888
      -629
      -1,823
      917
      -799
      -300
      -27
      -453
      -2,128
      111
      141
      146
      -656
      -2,233
      -1,883
      887
      -225
      1,196
      -399
      -1,367
      -263
      676
      -292
      -579
      -384
      -1,195
      195
      615
      -658
      396
      -1,880
      -994
      -309
      289
      60,614
      -2,106
      70
      -314
      711
      0
      827
      -1,382
      385
      -541
      -343
      -1,736
      -3,594
      1,782
      -515
      -1,586
      -1,062
      334
      -99
      3,993
      -1,394
      -312
      -1,309
      3,675
      262
      33
      240
      -335
      169
      251
      -1,129
      -241
      -680
      -261
      -56
      -213
      -1,243
      1,026
      840
      -460
      -1,072
      -804
      737
      71
      895
      122
      -732
      -850
      -255
      4,815
      -319
      -227
      1,222
      -127
      1,234
      -817
      2,121
      -35
      -570
      -2,140
      -28
      -180
      83
      774
      -149
      10,075
      -991
      887
      2,626
      545
      -199
      -893
      -432
      393
      1,749
      -862
      1,064
      -904
      -91
      -1,735
      2,890
      3,165
      -79
      1,342
      386
      -306
      826
      -1,034
      612
      433
      -2,779
      -168
      -486
      295
      -31
      -979
      1,725
      -144
      4,556
      -416
      5,224
      -304
      -236
      3,276
      -714
      -1,189
      -668
      -21
      -1,841
      -298
      336
      -301
      -207
      1,040
      -94
      -72
      -936
      -64
      291
      -1,201
      1,133
      854
      -1,184
      3,885
      966
      -188
      -1,241
      2,188
      -673
      -546
      323
      -628
      -23
      1,394
      460
      1,603
      3,900
      786
      286
      -2,874
      695
      -294
      1,002
      -57
      817
      197
      110
      -140
      -858
      -299
      -239
      -441
      815
      -548
      1,366
      433
      -547
      389
      -678
      -74
      -418
      -158
      175
      12
      -186
      -229
      674
      93
      -435
      -1,095
      2,254
      262
      -289
      -1,055
      321
      -363
      3,049
      -370
      -583
      -366
      -74
      712
      -507
      1,168
      69
      -843
      147
      -157
      1,335
      1,748
      -2,883
      847
      305
      -90
      1,021
      902
      2,598
      -964
      -549
      -54
      -448
      320
      1,173
      -543
      -395
      -925
      -115
      949
      -296
      -15
      1,168
      165
      -257
      -410
      2,807
      580
      -2,301
      -784
      925
      -976
      761
      -2,397
      -216
      104
      511
      133
      281
      -704
      -150
      -1,219
      -487
      940
      1,925
      -258
      -314
      906
      1,151
      -490
      4,226
      -35
      -66
      2,052
      -214
      -472
      1,353
      -819
      -505
      2,265
      -454
      1,038
      -1,851
      253
      -1,641
      -1,161
      337
      -142
      -1,767
      899
      390
      -801
      -938
      406
      -442
      919
      349
      -908
      184
      -1,132
      2,332
      -529
      -130
      1,012
      1,609
      -1,063
      179
      238
      979
      -342
      -1,692
      -366
      -392
      -532
      63
      9,579
      -337
      126
      -667
      -318
      105
      -420
      -168
      514
      -394
      -819
      -649
      -386
      180
      490
      -829
      -656
      -208
      1,468
      -82
      -874
      -424
      177
      -127
      907
      -525
      -1,611
      604
      634
      349
      -578
      347
      -275
      829
      -181
      1,268
      -302
      173
      -1,827
      -481
      271
      2,838
      -602
      -375
      3,685
      289
      175
      12,871
      -59
      -680
      18
      457
      4,311
      -354
      -46
      1,864
      -885
      -253
      7,258
      606
      -335
      6
      328
      -1,383
      -921
      2,209
      -29
      -933
      -2,459
      229
      -1,110
      1,026
      -223
      -173
      808
      -699
      -67
      416
      75
      -36
      -430
      -283
      -418
      -401
      -462
      -693
      1,349
      948
      -658
      -58
      -590
      -441
      -1,517
      -1
      240
      5,646
      -495
      940
      7,563
      2,423
      -523
      437
      -123
      5,543
      -1,179
      6
      992
      1,553
      -5,942
      -396
      280
      -425
      -369
      -262
      -1,709
      -1,151
      922
      -816
      -15
      -574
      -2,041
      -408
      1,170
      3,213
      241
      -428
      -468
      -377
      -332
      -575
      -231
      -981
      19
      -294
      -251
      0
      9,738
      212
      664
      256
      -152
      -337
      -1,675
      -386
      -893
      336
      7,322
      6,675
      -1,695
      -618
      -835
      432
      631
      -971
      -422
      567
      -1,121
      80
      2,413
      618
      378
      -200
      36
      586
      -153
      -136
      252
      699
      1,744
      -55
      -258
      295
      1,018
      -5,832
      81
      408
      -770
      -34
      -390
      -753
      1,166
      87
      -2,321
      -1,921
      2,773
      442
      -672
      -112
      -1,561
      630
      818
      466
      -12
      -574
      1,024
      1,853
      24
      443
      1,825
      241
      -866
      454
      372
      -85
      341
      230
      11,045
      675
      -369
      -609
      -569
      -48
      3,360
      688
      -541
      57
      999
      4,413
      339
      -389
      582
      -80
      -1,029
      -1,069
      -887
      -1,647
      4,844
      -758
      -1,055
      -276
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 2 171,635
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 2,451
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,451
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,451
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 0
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 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 8
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 2,459
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowAL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? 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 arrowJAMIE LEE ASHURST Telephone no.right arrow (334) 277-1738

Located atright arrow5648 WOODSIDE CIRCLEMONTGOMERYAL ZIP+4right arrow36117
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 2024, 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 (2024)
Form 990-PF (2024)
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)
 
No
(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
 
 
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
JAMIE LEE ASHURST PRESIDENT/TRUSTEE
0.00
0 0 0
5648 WOODSIDE CIRCLE
MONTGOMERY,AL36117
WINSTON MCCAIN ASHURST SECRETARY-TREASURER/TRUSTE
0.00
0 0 0
5648 WOODSIDE CIRCLE
MONTGOMERY,AL36117
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 (2024)
Form 990-PF (2024)
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 (2024)
Form 990-PF (2024)
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
842,082
b
Average of monthly cash balances.......................
1b
138,047
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
980,129
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
980,129
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
14,702
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
965,427
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
48,271
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
48,271
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
2,451
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,451
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
45,820
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
45,820
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
45,820
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
38,600
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
38,600
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2023
(c)
2023
(d)
2024
1 Distributable amount for 2024 from Part X, line 7 45,820
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 10,948
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 38,600
a Applied to 2023, but not more than line 2a 10,948
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 2024 distributable amount..... 27,652
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
18,168
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 2019 not
applied on line 5 or line 7 (see instructions) ...
0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
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

BOYS AND GIRLS CLUB

103 ABINGDON AVENUE NW
HUNTSVILLE,AL35801
NONE PC PROVIDE FACILITIES, PROGRAMS, AND LEADERSHIP THAT MOTIVATE ALL YOUTH TO REACH THEIR FULL POTENTIAL 30,000

FIRST CHOICE WOMEN'S MEDICAL CENTER

380 MENDEL PKWY E
MONTGOMERY,AL36117
NONE PC TO REACH THE ABORTION-VULNERABLE MEMBERS OF OUR COMMUNITY 2,500

ST MICHAEL CATHOLIC SCHOOL

1833 SAGE ROAD
HOUSTON,TX77056
NONE PC TO FORM DISCIPLES OF CHRIST THROUGH AN EDUCATION FOCUSED ON FAITH, CONSCIENCE, SCHOLARSHIP, AND SERVICE. 5,000

MONTGOMERY HUMANE SOCITY

1150 JOHN OVERTON DR
MONTGOMERY,AL36110
NONE PC THE MONTGOMERY HUMANE SOCIETY PREVENTS CRUELTY TO ANIMALS BY OPERATING AN ANIMAL SHELTER FOR HOMELESS, ABANDONED, AND UNWANTED ANIMALS. 100
Total .................................right arrow 3a 37,600
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 ...........
    14 665  
4 Dividends and interest from securities ....     14 11,030  
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 ............
    18 171,635  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 183,330 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
183,330
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
Firm's EIN Right Arrow
Firm's address Right Arrow


Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
THE ASHURST-LANE FAMILY FOUNDATION
EIN:
63-1280870
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREP FEES 2,000 1,000   1,000

TY 2024 InvestmentsOtherSchedule2
Name:
THE ASHURST-LANE FAMILY FOUNDATION
EIN:
63-1280870
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MUTUAL FUNDS & STOCKS AT COST 831,994 850,292

TY 2024 OtherProfessionalFeesSchedule
Name:
THE ASHURST-LANE FAMILY FOUNDATION
EIN:
63-1280870
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BROKER FEES - PERSHING 5,785 5,785   0


TY 2024 TaxesSchedule
Name:
THE ASHURST-LANE FAMILY FOUNDATION
EIN:
63-1280870
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES - PERSHING 50 50   0
PY FEDERAL TAXES PAID 147 147   0