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
Lettie Pate Evans Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)191 Peachtree Street NE 3540
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Atlanta, GA303031799
A Employer identification number

58-6004644
B Telephone number (see instructions)

(404) 522-6755
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$567,366,521J 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 539,097 539,097  
4 Dividends and interest from securities... 15,474,889 15,474,889  
5a Gross rents............ 45,000 45,000  
b Net rental income or (loss) 42,750
6a Net gain or (loss) from sale of assets not on line 10 55,487,817
b Gross sales price for all assets on line 6a 74,010,226
7 Capital gain net income (from Part IV, line 2)... 54,904,879
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........ 71,546,803 70,963,865  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 144,240 36,100   108,140
14 Other employee salaries and wages...... 77,098 3,604   73,494
15 Pension plans, employee benefits....... 48,148 5,241   42,907
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,303 371   4,931
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
148,793 146,912   1,881
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
990,000 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
373 26  
20 Occupancy.............. 17,173 1,202   15,971
21 Travel, conferences, and meetings....... 5,574 2,315   3,259
22 Printing and publications.......... 109 8   101
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15,014 3,099   11,915
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,451,825 198,878   262,599
25 Contributions, gifts, grants paid....... 28,545,079 28,545,079
26 Total expenses and disbursements. Add lines 24 and 25 29,996,904 198,878   28,807,678
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 41,549,899
b Net investment income (if negative, enter -0-) 70,764,987
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............. 5,400 5,064 5,064
2 Savings and temporary cash investments......... 9,538,650 12,486,898 12,486,898
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)....... 77,789,194 Click to see attachment
List of Attached Documents:
// Content
138,156,404 		552,082,034
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow139,848
Less: accumulated depreciation (attach schedule) right arrow   139,848 139,848 2,700,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow17,891
Less: accumulated depreciation (attach schedule) right arrow17,274 990 Click to see attachment
List of Attached Documents:
// Content
617 		617
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
44,030 		Click to see attachment
List of Attached Documents:
// Content
50,207 		Click to see attachment
List of Attached Documents:
// Content
91,908
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 87,518,112 150,839,038 567,366,521
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
167 		Click to see attachment
List of Attached Documents:
// Content
260
23 Total liabilities (add lines 17 through 22)......... 167 260
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........... 87,517,945 150,838,778
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........    
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)..... 87,517,945 150,838,778
30 Total liabilities and net assets/fund balances (see instructions). 87,518,112 150,839,038
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
87,517,945
2
Enter amount from Part I, line 27a .....................
2
41,549,899
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
21,770,934
4
Add lines 1, 2, and 3 ..........................
4
150,838,778
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
150,838,778
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 PUBLICLY TRADED SECURITIES      
b
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 74,010,226   18,522,409 55,487,817
b
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 645,000 62,062 582,938 54,904,879
b
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 54,904,879
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) 1 983,633
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........................... 3 983,633
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- ..... 5 983,633
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 996,102
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.............. 7 996,102
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 12,469
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow12,469 Refundedright arrow 11 0
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 arrowGA
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 arrowwww.lpevans.org
14
The books are in care ofright arrowSara E Blalock Secretary Telephone no.right arrow (404) 522-6755

Located atright arrow191 Peachtree Street NE Suite 3540AtlantaGA ZIP+4right arrow303032951
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 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
Yes
 
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
James B Williams Trustee- deceased 1/23/2024
1.00 		0 0 20
191 Peachtree St Suite 3540
Atlanta,GA30303
E Jenner Wood III Trustee- Chair
2.00 		6,250 0 264
191 Peachtree St Suite 3540
Atlanta,GA30303
Lawrence L Gellerstedt III Trustee- Vice Chair
2.00 		8,750 0 264
191 Peachtree St Suite 3540
Atlanta,GA30303
David P Stockert Trustee
1.00 		6,250 0 264
191 Peachtree St Suite 3540
Atlanta,GA30303
Lyons Gray Trustee
1.00 		6,250 0 264
191 Peachtree St Suite 3540
Atlanta,GA30303
Lizanne Thomas Trustee- elected 11/5/2024
1.00 		1,042 0 40
191 Peachtree St Suite 3540
Atlanta,GA30303
P Russell Hardin President
3.00 		66,014 5,916 407
191 Peachtree St Suite 3540
Atlanta,GA30303
Erik S Johnson Vice President & Secretary
3.00 		26,884 5,738 362
191 Peachtree St Suite 3540
Atlanta,GA30303
Eli P Niepoky Treasurer
3.00 		22,800 6,298 362
191 Peachtree St Suite 3540
Atlanta,GA30303
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
GANNETT WELSH & KOTLER LLC INVESTMENT MANAGER 53,014
222 BERKELEY STREET 15TH FLOOR
BOSTON,MA02116
T ROWE PRICE ASSOCIATES INVESTMENT MANAGER 50,689
PO BOX 64043
BALTIMORE,MD21264
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
566,677,982
b
Average of monthly cash balances.......................
1b
238,755
c
Fair market value of all other assets (see instructions)................
1c
2,783,502
d
Total (add lines 1a, b, and c).........................
1d
569,700,239
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) Click to see attachment
List of Attached Documents:
// Content
.............
1e
8,120,381
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
569,700,239
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
8,545,504
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
561,154,735
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
28,057,737
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
28,057,737
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
983,633
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
983,633
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
27,074,104
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
27,074,104
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
27,074,104
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
28,807,678
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
28,807,678
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 27,074,104
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 22,219,474
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$ 28,807,678
a Applied to 2023, but not more than line 2a 22,219,474
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..... 6,588,204
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 .......... 		20,485,900
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 e-mail address of the person to whom applications should be addressed:
Erik S Johnson President
191 Peachtree St NE Suite 3540
Atlanta,GA30303
(404) 522-6755
bThe form in which applications should be submitted and information and materials they should include:
Application form not required. Proposals should be submitted via the Foundation's online application portal on its website. Before submitting a formal grant request, prospective grantees are encouraged to submit an informal inquiry to fdns@woodruff.org. The grant requests should be made in letter form and include the following information: - A description of the organization, its purposes, programs, staffing and governing board - The organization's latest financial statements including the most recent audit report - A description of the proposed project and full justification for its funding - An itemized project budget including other sources of support in hand or anticipated - Evidence from the IRS of the organization's tax-exempt status and that the applying organization itself is not a private foundation.
cAny submission deadlines:
Grant applications are considered in April and Nov. for requests received by Feb. 1 and Aug. 15th.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
The Foundation makes grants to public charities located in Georgia and Virginia, with a particular focus on private secondary and higher education, arts and culture, and museums and historic preservation. Grants in Georgia are typically reserved for organizations operating in metropolitan Atlanta; grants in Virginia are typically reserved only for those organizations that Mrs. Lettie Pate Evans supported during her life. Traditionally, preference has been given to one-time capital projects and to other extraordinary needs of well-established organizations with a broad base of community support and proven ability to meet an annual operating budget. Grants for regular operating expenses are avoided. No grants are made to individuals.
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

Atlanta Botanical Garden

1345 Piedmont Avenue NE
Atlanta,GA30309 		  PC $150 million campaign to expand the Garden by eight acres and construct a new entrance on the Atlanta Beltline. 10,000,040

Atlanta Contemporary Art Center

535 Means Street NW
Atlanta,GA30318 		  PC Repairs to HVAC system. 120,000

Bruton Parish Church

331 W Duke of Gloucester St
Williamsburg,VA23187 		  PC Replacement of HVAC system. 500,000

Children's Healthcare of Atlanta

1575 Northeast Expressway NE
Atlanta,GA30329 		  PC Pediatric medical residency program conducted by Children's in partnership with the Emory University School of Medicine. 8,600,012

Gracepoint School

1407 Cobb Parkway North
Marietta,GA30062 		  PC $6.8 million campaign to acquire and renovate a new building for school serving children with dyslexia. 500,000

Push Push Arts

1208 Forrest Boulevard
Decatur,GA30030 		  PC $954,000 campaign to acquire property for arts campus in downtown College Park. 125,000

Robert W Woodruff Arts Center

1280 Peachtree Road Northeast
Atlanta,GA30309 		  PC Continuation of Family Fun program to expand access to the Woodruff Arts Center campus. 1,200,026

Springer Opera House Arts Association

103 Tenth Street
Columbus,GA31901 		  PC $10.7 million campaign to restore the historic Springer Opera House, add a park, and update arts education facilities. 1,000,000

The Westminster Schools

1424 West Paces Ferry Rd NW
Atlanta,GA30327 		  PC Phase III capital priorities as part of $175 million campaign. 2,000,001

Trust for Public Land

600 W Peachtree St NW Suite 1840
Atlanta,GA30308 		  PC $11.4 million campaign to restore the Prince Hall Masonic Lodge for the Martin Luther King, Jr. National Historic Park. 2,000,000

Virginia Historical Society

PO Box 7311
Richmond,VA232210311 		  PC Growth of the Lettie Pate Evans Exhibition Fund as part of $30 million campaign to commemorate America's 250th anniversary. 1,000,000

Wesleyan School

5405 Spalding Drive
Peachtree Corners,GA30092 		  PC Construction of the Young STEM Building as part of $59.9 million comprehensive campaign. 1,500,000
Total .................................right arrow 3a 28,545,079
bApproved for future payment

Callanwolde Fine Arts Center
980 Briarcliff Rd NE
Atlanta,GA30306 		  PC $8.5 million campaign to construct and renovate facilities to expand arts education and community outreach programs. 1,000,000

Children's Healthcare of Atlanta
1575 Northeast Expressway NE
Atlanta,GA30329 		  PC Pediatric medical residency program conducted by Children's in partnership with the Emory University School of Medicine. 8,600,000

Greater Atlanta Christian School
1575 Indian Trail Rd NW
Norcross,GA30093 		  PC Construction of Student Learning Commons as part of $30.82 million campaign. 1,500,000

Robert W Woodruff Arts Center
1280 Peachtree Road Northeast
Atlanta,GA30309 		  PC Continuation of Family Fun program to expand access to the Woodruff Arts Center campus. 2,600,000

Whitefield Academy
1 Whitefield Dr SE
Smyrna,GA30126 		  PC Construction of Learning Commons as part of $39.2 million campaign. 1,000,000
Total ................................. right arrow 3b 14,700,000
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 ........... 		    14 539,097  
4 Dividends and interest from securities ....     14 15,474,889  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 42,750  
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 55,487,817  
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 71,544,553 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
71,544,553
(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:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT FEES 5,303 371   4,931

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

TY 2024 DepreciationSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
AV EQUIPMENT 2011-07-01 733 733 SL 5.000000000000 0 0    
FURNITURE & EQUIPMENT 2011-07-01 11,559 11,559 SL 7.000000000000 0 0    
LEASEHOLD IMPROVEMENTS 2011-07-01 5,599 4,609 SL 15.000000000000 373 0    

TY 2024 InvestmentsCorpStockSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Name of Stock End of Year Book Value End of Year Fair Market Value
ACADIA HEALTHCARE 86,832 76,247
ADOBE INC 156,628 141,408
ADVANCED MICRO DEVICES INC 94,316 71,870
AFFIRM HOLDINGS INC CL A 15,622 27,770
AGREE REALTY CORP REIT 112,535 116,947
ALLIENT INC 13 12
ALPHABET INC CL A 224,809 968,080
AMAZON.COM INC 229,771 1,257,982
AMPHENOL CORP 172,245 268,146
API GROUP CORP 231,482 218,698
APPLE INC 304,769 1,258,110
APTARGROUP INC 53,882 97,559
ARGENX SE SPONS ADR 82,710 121,770
ARTISAN INTL VALUE FUND-INS 2,285,517 2,553,554
ASML HOLDING NV SPONS ADR 99,974 103,269
ASSURANT INC 84,954 83,795
ATLANTIC UNION BANKSHARES CORP 122,199 116,708
ATLASSIAN CORPORATION CL A 123,123 141,160
AURORA INNOVATION INC CL A 14,835 34,467
AZENTA INC 65,902 72,750
BECTON DICKINSON & CO 118,478 110,259
BIO RAD LABORATORIES CL A 118,659 115,636
BJ'S WHOLESALE CLUB HOLDINGS 70,288 239,726
BOEING CO 110,322 116,643
BOOKING HOLDINGS INC 127,510 263,326
BOOZ ALLEN HAMILTON HOLDING CL A 57,728 133,591
BRIGHT HORIZONS FAMILY SOLUTIONS 111,527 123,487
BURLINGTON STORES INC 96,145 180,158
CARTERS INC 54,972 40,209
CAVCO INDUSTRIES INC 77,768 227,131
CCC INTELLIGENT SOLUTIONS HLD 183,893 183,586
CHAMPIONX CORP 45,831 57,452
CHARLES SCHWAB CORP 89,720 98,951
CHART INDUSTRIES INC 103,106 129,008
CHIPOTLE MEXICAN GRILL INC 78,289 123,193
CHURCHILL DOWNS INC 121,747 128,599
COCA COLA CO 548,507 384,178,630
COGNEX CORP 177,095 129,383
COLUMBUS MCKINNON CORP NY 132,151 105,389
COMFORT SYSTEMS USA INC 41,134 224,752
COUPANG INC CL A 104,412 133,836
CULLEN FROST BANKERS INC 130,782 127,269
CYBERARK SOFTWARE LTD/ISRAEL 131,806 287,508
DANAHER CORP 122,733 114,775
DODGE & COX INCOME FUND 18,040,620 17,991,702
DORMAN PRODUCTS 117,464 193,936
DYNATRACE INC 63,576 75,275
EAGLE MATERIALS INC 65,863 191,486
EASTGROUP PPTYS INC REIT 106,843 106,565
ELEMENT SOLUTIONS INC 134,407 176,332
ENTEGRIS INC 79,736 155,524
ENTEGRIS INC 114,620 107,777
EQUIFAX INC 138,438 137,364
EXPONENT INC 53,194 81,170
FAIR ISAAC CORP 63,251 117,465
FED HERMES GOVT OBLIG-PREMIER #117 941,324 941,324
FEDERAL SIGNAL CORP 52,594 164,085
FISERV INC 261,611 476,164
GATES INDUSTRIAL CORP PLC 137,794 192,659
GAZPROM PJSC-SPON ADR 1,734 418
GENTHERM INC 122,519 70,428
GIBRALTAR INDUSTRIES INC 37,260 50,477
GLACIER BANCORP INC 76,478 102,901
GLOBANT SA 185,213 173,037
GLOBUS MEDICAL INC 131,892 200,489
GRAND CANYON EDUCATION INC 78,310 110,074
GROUP 1 AUTOMOTIVE INC 127,456 179,972
HALOZYME THERAPEUTICS INC 110,929 111,541
HEALTHPEAK PROPERTIES INC REIT 111,685 96,283
HEXCEL CORP 72,348 86,401
HOLOGIC INC 112,655 106,261
HOWMET AEROSPACE INC 78,151 136,494
HUBSPOT INC 114,918 150,502
IDACORP INC 107,354 129,388
IDEX CORP 185,274 179,152
INGERSOLL-RAND INC 73,827 126,192
INSMED INC 78,757 72,285
INTEGER HOLDINGS CORPORATION 79,196 139,676
INTRA-CELLULAR THERAPIES INC 98,996 157,185
INTUIT INC 326,527 487,716
INTUITIVE SURGICAL INC 158,586 346,059
ISHARES CORE S&P TTL US STK MKT ETF 41,480,865 44,964,652
ISHARES CORE US AGGREGATE BOND ETF 10,508,115 10,356,963
ITT INC 109,680 173,599
JAZZ PHARMACEUTICALS PLC 174,055 157,386
KINSALE CAPITAL GROUP INC 52,151 142,330
LANCASTER COLONY CORP 118,175 125,527
LEGEND BIOTECH CORP SPONS ADR 73,605 42,367
LIGAND PHARMACEUTICALS INC CONTRA 22 0
LIGAND PHARMACEUTICALS INC CONTRA 22 0
LILLY ELI & CO 174,944 330,416
LINCOLN ELEC HLDGS INC 84,534 112,669
LUKOIL PJSC SPONS ADR 3,873 67
LULULEMON ATHLETICA INC 75,105 87,954
MACOM TECHNOLOGY SOLUTIONS HLDGS INC 70,356 162,128
MAGIC LEAP INC-CL A COM PPE 14,976 0
MAGNOLIA OIL & GAS CORP CL A 99,000 100,815
MANHATTAN ASSOCS INC 123,549 224,840
MARKETAXESS HOLDINGS INC 71,782 68,716
MASTERCARD INC CL A 404,160 557,111
MATADOR RESOURCES CO 104,409 101,437
MEDPACE HOLDINGS INC 101,787 96,347
MERCADOLIBRE INC 86,574 88,423
META PLATFORMS INC CL A 316,388 784,583
MICROSOFT CORP 299,669 1,754,283
MMC NORILSK NICKEL PJSC SPONS ADR 1,625 0
MOBILE TELESYSTEMS PJSC SPONS ADR 1,621 0
NATERA INC 49,939 60,629
NATERA INC 70,952 111,760
NATIONAL STORAGE AFFILIATES REIT 94,963 73,432
NETFLIX INC 120,598 275,418
NEUBERGER BERMAN HIGH INCM BD-INS 3,429,689 3,295,465
NEUROCRINE BIOSCIENCES INC 113,626 158,750
NORDSON CORP 88,741 154,628
NURO INC CONV PFD SER C 17,167 9,389
NVIDIA CORP 200,617 1,384,261
OVINTIV INC 125,106 104,571
PAYLOCITY HOLDING CORP 171,752 165,560
Penumbra 4,051 4,051
PERFORMANCE FOOD GROUP CO 122,894 224,734
PERMIAN RESOURCES CORP CL A 86,113 76,746
PINNACLE FINANCIAL PARTNERS INC 88,828 185,998
PIPER SANDLER COS 79,520 294,251
PORTLAND GENERAL ELECTRIC CO 113,488 107,218
PROCORE TECHNOLOGIES INC 114,777 134,724
QUAKER CHEMICAL CORP 120,871 108,385
RAPPI INC SER E CVT PFD PP 14,757 5,387
RBC BEARINGS INC 94,523 174,698
ROSS STORES INC 115,879 149,303
RPM INTERNATIONAL INC 71,511 170,561
SCHLUMBERGER LTD 117,387 84,156
SCHNEIDER NATIONAL INC CL B 85,239 100,050
SERVICENOW INC 179,121 321,216
SHOPIFY INC CL A 117,738 175,019
SILA NANOTECHN-CONV PFD SER F PP 10,483 4,967
SILICON LABORATORIES INC 69,072 104,966
SIMPSON MANUFACTURING CO INC 113,256 107,790
SITEONE LANDSCAPE SUPPLY INC 179,043 149,032
SONOVA HOLDING AG UNSPONS ADR 98,208 90,341
STIFEL FINANCIAL CORPORATION 92,288 165,909
STRYKER CORPORATION 141,569 221,071
SUN COMMUNITIES INC REIT 98,204 123,339
SURGUTNEFTEGAZ PJSC SPONS PFD ADR 1,272 0
TANDEM DIABETES CARE INC 97,035 131,977
TATNEFT PAO SPONS ADR 760 0
TEXAS ROADHOUSE INC CL A 95,996 273,712
THE CIGNA GROUP 186,279 213,180
TORO CO 82,044 104,130
TRADEWEB MARKETS INC CL A 48,303 76,326
TRI POINTE HOMES INC 129,381 113,893
UMB FINANCIAL CORP 85,131 102,703
UNITEDHEALTH GROUP INC 353,553 377,372
VAIL RESORTS INC 80,173 71,981
VANGUARD INDEX FD MID-CAP ETF 3,138,721 3,397,240
VANGUARD INTL GROWTH-ADM 2,911,746 2,564,100
VANGUARD S&P 500 ETF 28,488,701 40,405,362
VANGUARD S/C VAL INDX-ADM 2,193,381 3,402,058
VANGUARD SMALL CAP GROWTH ETF 3,304,678 4,093,357
VANGUARD VALUE ETF 4,606,119 6,597,282
VERICEL CORP 75,352 113,938
VISA INC CL A 202,408 373,243
VOYA FINANCIAL INC 155,718 188,319
WAYMO LLC CONV PFD SER A2 UNITS PP 9,789 9,154
WINTRUST FINANCIAL CORP 102,942 172,848
ZEBRA TECHNOLOGIES CORP 85,789 164,913

TY 2024 LandEtcSchedule2
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
AV EQUIPMENT 733 733 0  
FURNITURE & EQUIPMENT 11,559 11,559 0  
LEASEHOLD IMPROVEMENTS 5,599 4,982 617  


TY 2024 OtherAssetsSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
457(b) PLAN 41,699 47,493 89,194
BENEFIT PLANS 2,331 2,714 2,714


TY 2024 OtherExpensesSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMPUTER 5,309 372   4,937
OFFICE INSURANCE 2,828 198   2,630
SUPPLIES 250 17   233
ORGANIZATION DUES 2,642 142   2,500
POSTAGE 83 5   78
REPAIRS & MAINTENANCE 395 27   368
FURNITURE & EQUIPMENT 375 26   349
TELEPHONE 659 46   613
MISCELLANEOUS 223 16   207
COMMISSION 2,250 2,250   0


TY 2024 OtherIncreasesSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Description Amount
Gain on stock grant 21,770,934


TY 2024 OtherLiabilitiesSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Description Beginning of Year - Book Value End of Year - Book Value
457(b) PLAN 104 104
BENEFIT PLANS 63 156


TY 2024 OtherProfessionalFeesSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 144,270 144,270   0
BENEFIT CONSULTANTS 2,023 142   1,881
OTHER CONSULTANTS 2,500 2,500   0


TY 2024 ReductionExplanationStatement
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Explanation:
As of December 31, 2024, the Foundation owned 6,170,553 shares of The Coca-Cola Company common stock. These represent approximately 0.14% of the total 4.3 billion shares outstanding and 44% of the average daily trading volume. The fair value computed on the per-share price is not necessarily what the Foundation would receive if a significant portion of the stock were sold because of the Foundation's large holding of the stock. The Foundation engaged an independent valuation consultant who calculated a blockage discount factor of 1.89%. The average monthly fair value of the shares based on the per-share price was $429,649,798 and the blockage discount was $8,120,381.$429,649,798 @ 1.89% = $8,120,381

TY 2024 TaxesSchedule
Name:
Lettie Pate Evans Foundation Inc
EIN:
58-6004644
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 990,000 0   0