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
AT BRIGHTWELL TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2450
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MONTGOMERY, AL361022450
A Employer identification number

63-6019162
B Telephone number (see instructions)

(334) 230-6100
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$1,914,076J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 32,500 32,500  
4 Dividends and interest from securities... 27,152 27,152  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 68,987
b Gross sales price for all assets on line 6a 448,347
7 Capital gain net income (from Part IV, line 2)... 68,987
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........ 128,639 128,639  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 25,657 8,980   16,677
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,090     3,090
c Other professional fees (attach schedule)....        
17 Interest............... 1,121 1,121    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
937      
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.......... 30,805 10,101   19,767
25 Contributions, gifts, grants paid....... 71,335 71,335
26 Total expenses and disbursements. Add lines 24 and 25 102,140 10,101   91,102
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 26,499
b Net investment income (if negative, enter -0-) 118,538
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............. 7,490 13,995 13,995
2 Savings and temporary cash investments.........      
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)      
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).......... 1,617,224 Click to see attachment
List of Attached Documents:
// Content
1,636,967 		1,898,852
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
981 		Click to see attachment
List of Attached Documents:
// Content
1,229 		Click to see attachment
List of Attached Documents:
// Content
1,229
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,625,695 1,652,191 1,914,076
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) Click to see attachment
List of Attached Documents:
// Content
93 		Click to see attachment
List of Attached Documents:
// Content
90
23 Total liabilities (add lines 17 through 22)......... 93 90
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........ 1,625,602 1,652,101
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,625,602 1,652,101
30 Total liabilities and net assets/fund balances (see instructions). 1,625,695 1,652,191
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
1,625,602
2
Enter amount from Part I, line 27a .....................
2
26,499
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,652,101
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,652,101
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 SEE SCHEDULE D DETAIL ATTACHMENT P    
b SEE SCHEDULE D DETAIL ATTACHMENT P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 58,686   63,046 -4,360
b 389,661   316,314 73,347
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -4,360
b       73,347
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 68,987
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 1,648
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  
3 Add lines 1 and 2........................... 3 1,648
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,648
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 1,560
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,560
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 88
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right 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 arrowNONE
14
The books are in care ofright arrowREGIONS PRIVATE WEALTH MANAGEMENT Telephone no.right arrow (334) 230-6100

Located atright arrow201 MONROE STREET SUITE 280MONTGOMERYAL ZIP+4right arrow36104
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
 
 
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
REGIONS PRIVATE WEALTH MANAGEMENT TRUSTEE
5.00 		25,657 0 0
201 MONROE STREET SUITE 280
MONTGOMERY,AL36104
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  
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 arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
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
1,923,408
b
Average of monthly cash balances.......................
1b
27,767
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,951,175
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
1,951,175
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
29,268
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,921,907
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
96,095
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
96,095
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
1,648
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,648
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
94,447
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
94,447
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
94,447
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
91,102
b
Program-related investments—total from Part VIII-B..................
1b
 
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
91,102
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 94,447
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 70,606
b Total for prior years:20 , 20, 20  
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 ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 91,102
a Applied to 2023, but not more than line 2a 70,606
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 20,496
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(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  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		73,951
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) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
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
AT BRIGHTWELL SCHOOL


PO BOX 360
LEXINGTON,GA30648 		    EDUCATIONAL 71,335
Total .................................right arrow 3a 71,335
bApproved for future payment
Total ................................. right arrow 3b  
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 32,500  
4 Dividends and interest from securities ....     14 27,152  
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 68,987  
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) ..   128,639  
13Total. Add line 12, columns (b), (d), and (e)..................
13
128,639
(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:
AT BRIGHTWELL TRUST
EIN:
63-6019162
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREP FEES 3,090     3,090

TY 2024 InvestmentsOtherSchedule2
Name:
AT BRIGHTWELL TRUST
EIN:
63-6019162
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ABBVIE INC AT COST 22,730 24,345
AIR LEASE CORP 3.75% 6/1/26 AT COST 9,761 9,845
ALLIANT CORP AT COST 4,967 11,059
ALLSTATE CORP AT COST 18,948 17,929
AMERICAN TOWER CORP 5.8% 11/15/28 AT COST 8,999 9,240
ANHEUSER BUSCH INBEV WOR DTD AT COST 9,084 8,993
ARTHUR J GALLAGHER & CO AT COST 2,195 26,966
AT&T INC AT COST 25,523 30,535
AT&T INC 4.5% 05/15/35 AT COST 9,728 9,250
BANK OF AMERICA CORP 3.559% 2027 AT COST 9,896 9,839
BANK OF AMERICA CORP 6.11% 2037 AT COST 8,672 9,335
BANK OF NOVA 2.2% 02/03/2025 AT COST 9,863 9,975
BANK OF NOVA SCOTIA 1.05% 3/26 AT COST 9,776 9,592
BANK OF NY MELLON CORP .75% 01/28/26 AT COST 9,710 9,607
BERKSHIRE HATHAWAY FIN 4.25% 2049 AT COST 10,817 8,362
BLACKROCK INC AT COST 2,757 19,477
BLACKROCK INC 1.9% 28 JAN 2031 AT COST 10,494 9,271
BP CAPITAL MARKETS AMERICA INC 3.796 AT COST 9,002 8,959
BRISTOL MYERS SQUIBB CO AT COST    
CAPITAL ONE FINANCIAL CORP 3.65% 27 AT COST 9,817 9,735
CHARLES SCHWAB CO .9% 11 MAR 2026 AT COST 9,796 9,568
CHEVON CORP DTD AT COST 11,061 18,829
CHUBB LIMITED AT COST 9,195 18,236
CITIGROUP INC VAR 4.542% 9/19/30 AT COST 9,843 9,717
CITIGROUP INC VAR 6.063095% 10/30/24 AT COST    
CME GROUP INC AT COST    
COCA COLA CO AT COST    
COMCAST CORP AT COST 16,440 17,527
COMCAST CORP 3.75% 01 APR 2040 AT COST 11,126 8,848
CONOCOPHILLIPS AT COST 11,161 14,677
CROWN CASTLE INTL CORP AT COST 29,679 17,517
DARDEN RESTAURANTS INC AT COST 18,464 21,469
DUKE ENERGY CORP 4.85% 1/5/29 AT COST 8,993 8,957
ELI LILLY & CO AT COST 1,277 15,440
EQUINOR ASA 3.7% 3/1/24 AT COST    
EVEREST RE GROUP LTD AT COST    
EXELON CORP AT COST 17,548 22,019
EXXON MOBIL CORP AT COST 23,395 37,327
FANNIE MAE POOL 667019 5.5% 11/1/32 AT COST 1,169 1,179
FANNIE MAE POOL 725424 5.5% 4/1/34 AT COST 915 906
FANNIE MAE POOL 735580 5% 6/1/35 AT COST 511 498
FANNIE MAE POOL 888021 6% 12/1/36 AT COST 361 364
FANNIE MAE POOL 888268 6% 3/1/37 AT COST 1,092 1,113
FANNIE MAE POOL 906211 6% 1/1/37 AT COST 131 134
FANNIE MAE POOL AA7236 4% 6/1/39 AT COST 377 350
FANNIE MAE POOL AD6432 4.5% 6/1/40 AT COST 268 255
FANNIE MAE POOL AE0981 3.5% 3/1/41 AT COST 866 775
FANNIE MAE POOL AE3066 3.5% 9/1/25 AT COST 44 44
FANNIE MAE POOL AH5575 4% 2/1/41 AT COST 678 632
FANNIE MAE POOL AH6827 4% 3/1/26 AT COST 79 78
FANNIE MAE POOL AJ7715 3% 12/1/26 AT COST 393 385
FANNIE MAE POOL AL0393 4.5% 6/1/41 AT COST 501 477
FANNIE MAE POOL AL9554 3% 12/01/31 AT COST 2,338 2,245
FANNIE MAE POOL AQ0546 3.5% 11/1/42 AT COST 1,137 1,039
FANNIE MAE POOL AS2793 3% 07/01/29 AT COST 1,030 992
FANNIE MAE POOL AS6191 3.5% 11/1/45 AT COST 1,489 1,309
FANNIE MAE POOL AS9585 4% 05/01/47 AT COST 4,841 4,450
FANNIE MAE POOL AT2062 2.5% 4/1/28 AT COST 617 599
FANNIE MAE POOL AT2720 3% 5/1/43 AT COST 2,223 1,937
FANNIE MAE POOL AU1629 3% 07/01/43 AT COST 1,658 1,464
FANNIE MAE POOL AU3735 3% 8/1/43 AT COST 2,153 1,901
FANNIE MAE POOL BE3702 4% 06/01/47 AT COST 1,434 1,272
FANNIE MAE POOL BH 9288 4% 02/01/48 AT COST 5,546 5,061
FANNIE MAE POOL BH4095 4% 10/1/47 AT COST 4,222 3,839
FANNIE MAE POOL BN0340 4.5% 12/01/48 AT COST 1,310 1,186
FANNIE MAE POOL CA0853 3.5% 12/01/47 AT COST 5,669 5,130
FANNIE MAE POOL CA1707 4.5% 05/01/48 AT COST 4,450 4,020
FANNIE MAE POOL CA6635 2.5% 08/01/50 AT COST 16,251 15,037
FANNIE MAE POOL CA7599 2.5% 11/1/50 AT COST 21,277 20,428
FANNIE MAE POOL CB2243 2.5% 11/1/36 AT COST 9,398 9,398
FANNIE MAE POOL CB3292 2.5% 04/01/52 AT COST 12,637 11,125
FANNIE MAE POOL CB3412 3.5% 04/01/52 AT COST 40,136 38,093
FANNIE MAE POOL FM1000 3% 04/01/47 AT COST 4,903 4,220
FANNIE MAE POOL FM1239 3.5% AT COST 1,571 1,381
FANNIE MAE POOL FM1456 2.5% 09/01/28 AT COST 2,978 2,896
FANNIE MAE POOL FM6733 2.5% 02/01/35 AT COST 2,151 1,990
FANNIE MAE POOL FS2009 3% 05/01/52 AT COST 12,961 11,752
FANNIE MAE POOL FS4606 3% 4/1/52 AT COST 7,563 7,344
FANNIE MAE POOL MA1062 3% 5/1/27 AT COST 223 219
FANNIE MAE POOL MA3210 3.5% 12/01/47 AT COST 3,162 2,812
FANNIE MAE POOL MA3444 4.5% AT COST 654 604
FEDERAL HOME LOAN MORTGAGE CORP AT COST 20,599 18,841
FIDELITY NATIONAL INFORMATION SERVIC AT COST 10,447 9,945
FIDELITY NATIONAL INFORMATION SERVIC AT COST 13,182 15,104
FIFTH THIRD BANCORP AT COST 19,749 22,747
FREDDI MAC GOLD POOL J32368 2.5% AT COST 8,302 7,947
FREDDI MAC POOL SD0612 2.5% AT COST 11,692 9,439
FREDDIE MAC GOLD A95147 4% 11/1/40 AT COST 595 548
FREDDIE MAC GOLD G05408 5% 12/1/36 AT COST 372 363
FREDDIE MAC GOLD G05937 4.5% 8/1/40 AT COST 283 269
FREDDIE MAC GOLD G08323 5% 2/1/39 AT COST 251 242
FREDDIE MAC GOLD G08344 4.5% 5/1/39 AT COST 382 361
FREDDIE MAC GOLD G08582 4% 4/1/44 AT COST 135 124
FREDDIE MAC GOLD G08681 3.5% 121/45 AT COST 2,011 1,776
FREDDIE MAC GOLD G18536 2.5% 1/1/30 AT COST 1,647 1,568
FREDDIE MAC GOLD G18557 3% 6/1/30 AT COST 1,008 966
FREDDIE MAC GOLD G60080 3.5% 6/1/45 AT COST 1,847 1,641
FREDDIE MAC GOLD J17508 3% 12/1/26 AT COST 377 370
FREDDIE MAC GOLD POOL G18569 3% AT COST 6,885 6,493
FREDDIE MAC GOLD Q59805 4.5% 11/1/48 AT COST 1,175 1,095
FREDDIE MAC GOLD RA6388 2.5% 12/1/51 AT COST 11,187 10,890
FREDDIE MAC GOLD RA6567 3% 12/1/51 AT COST 15,648 15,771
FREDDIE MAC GOLD ZM6968 4% 6/1/48 AT COST 591 534
FREDDIE MAC POOL SB0361 3% 07/01/35 AT COST 2,090 1,897
FREDDIE MAC POOL SB0662 2.5% 04/01/3 AT COST 6,281 6,256
FREDDIE MAC POOL SD3610 3% 4/1/52 AT COST 4,655 4,568
FREDDIE MAC POOL SD7524 3% 08/01/50 AT COST 7,302 7,611
FREDDIE MAC POOL SD7550 3% 2/1/52 AT COST 5,939 5,954
FREDDIE MAC POOL ZT1502 3.5% AT COST 4,341 3,681
GENERAL DYNAMICS CORP AT COST 13,261 18,444
GENUINE PARTS CO AT COST    
GEORGIA POWER CO 5.004% 2/23/27 AT COST 9,004 9,067
GILEAD SCIENCES INC AT COST 8,965 8,892
GOLDMAN SACHS GROUOP 2.65% 10/21/32 AT COST 11,483 10,143
HERSHEY CO AT COST 19,535 20,661
HOME DEPOT INC AT COST 7,416 17,505
HOME DEPOT INC 4.875% 6/25/27 AT COST 8,973 9,085
HONEYWELL INTERNATIONAL INC AT COST    
HORMEL FOODS CORP .65% AT COST    
HSBC HOLDINGS PLC AT COST 9,698 9,439
HUBBELL INC AT COST 3,557 13,404
INTEL CORP 2% AUG 2031 AT COST 11,535 9,662
INTERNATIONAL BUSINESS MACH CORP 3.5 AT COST 9,840 9,478
INTERNATIONAL BUSINESS MACHINES CORP AT COST 9,950 9,867
J P MORGAN CHASE & CO AT COST 8,690 42,668
JOHNSON & JOHNSON AT COST 28,073 27,044
JPMORGAN CHASE 3.782% 2/1/28 AT COST 18,818 18,597
KEURIG DR PEPPER INC AT COST 16,792 15,996
KROGER CO CALLABLE DTD AT COST 9,810 9,642
LOCKHEED MARTIN CORP AT COST 19,302 16,522
LLOYDS BANKING GROUP 4.375% AT COST 9,898 9,767
LOWES COS INC 3.65% 04/05/29 AT COST 10,027 9,524
LYONDELLBASELL INDUSTRIES CL A AT COST    
MCCMORICK & CO INC AT COST 19,770 18,221
MCDONALD'S CORP AT COST 16,273 18,843
MERCK & CO. INC. AT COST 13,814 28,849
METLIFE INC AT COST 7,954 14,575
MICROCHIP TECHNOLOGY INC AT COST 14,448 8,947
MICROSOFT CORP AT COST 5,221 30,348
MOLSON COORS BREWING 5% 05/01/42 AT COST 9,514 9,200
MONDELEZ INTERNATIONAL INC AT COST 19,721 17,202
MOTGAN STANLEY 3.7% 10/23/24 AT COST    
MORGAN STANLEY 4.654% 10/18/30 AT COST 9,911 9,786
NEWMONT CORP AT COST    
NEXTERA ENERGY, INC. AT COST 8,710 22,224
ORACLE 4.2% 9/27/29 AT COST 9,974 9,659
PACKAGING CORP OF AMERICA AT COST 12,452 18,911
PNC FINANCIAL SERVICES GROUP INC AT COST 19,911 24,106
PROCTER & GAMBLE CO 3% 03/25/30 AT COST 9,859 9,206
QUALCOMM INC AT COST 1,711 5,377
ROYAL BANK OF CAD .875% AT COST 19,483 19,247
SHELL INTERNATIONAL FIN 2.375% 11/07 AT COST 10,100 9,865
SOUTHERN CO 3.70% 04/30/30 AT COST 9,871 9,391
STARBUCKS CORP AT COST    
STRYKER CORP AT COST 12,387 20,523
SYSCO CORP AT COST 18,133 18,504
SYSCO CORP 3.3% 02/15/50 AT COST 11,068 8,756
TE CONNECTIVITY AT COST 5,733 10,294
TEXAS INSTRUMENTS AT COST 7,230 12,001
TJX COS INC AT COST 16,229 28,753
TMOBILE US INC AT COST 17,410 25,163
TOYOTA MOTOR CREDIT CORP .8% 01/09/2 AT COST 9,813 9,636
TOYOTA MOTOR CREDIT CORP 1.125% 06/1 AT COST 9,812 9,523
TRUIST FINANCIAL CORP 1.267% 03/02/2 AT COST 9,712 9,590
UNION PACIFIC CORP AT COST 22,369 24,856
UNITED HEALTH GROUP AT COST 7,117 15,682
US TREAS 3% 2/15/48 AT COST 73,482 58,648
US TREAS DTD 2.875% 5/15/43 AT COST 29,929 27,267
US TREASURY .25% 05/31/25 AT COST    
US TREASURY 1.25% 05/15/50 AT COST 33,447 26,549
US TREASURY 1.25% 4/2028 AT COST 18,405 19,025
US TREASURY NOTE 2.375% 08/15/24 AT COST    
US TREASURY NOTE 3.75% 06/30/30 AT COST 9,789 9,674
US TREASURY NOTE 3.875% 8/15/33 AT COST 28,490 27,600
US TREASURY NOTE 4% 1/31/29 AT COST 47,584 47,342
US TREASURY NOTE 4.5% 11/15/25 AT COST 9,013 9,017
VERIZON COMMUNICATIONS AT COST 19,447 20,435
VERIZON COMMUNICATIONS .85% 11/20/25 AT COST    
WALMART INC AT COST 7,904 32,797
WASTE MANAGEMENT INC AT COST 3,876 24,215
XCEL ENERGY INC AT COST 22,207 23,259

TY 2024 OtherAssetsSchedule
Name:
AT BRIGHTWELL TRUST
EIN:
63-6019162
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INTEREST PAID 63 281 281
INTEREST RECEIVABLE 860 838 838
DIVIDENDS RECEIVABLE 58 110 110


TY 2024 OtherLiabilitiesSchedule
Name:
AT BRIGHTWELL TRUST
EIN:
63-6019162
Description Beginning of Year - Book Value End of Year - Book Value
INTEREST EXPENSE PAYABLE 93 90


TY 2024 TaxesSchedule
Name:
AT BRIGHTWELL TRUST
EIN:
63-6019162
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 937