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
ACT FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)6205-A PEACHTREE DUNWOODY ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30328
A Employer identification number

58-6033966
B Telephone number (see instructions)

(678) 645-4659
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$60,727,561J 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) 1,494,241
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,100,262 1,096,572  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
3,523,551
b Gross sales price for all assets on line 6a 16,981,473
7 Capital gain net income (from Part IV, line 2)... 3,579,203
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
89,616 93,555  
12 Total. Add lines 1 through 11........ 6,207,670 4,769,330  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15,806 0   15,806
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
308,889 300,388   8,501
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
52,572 1,272   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,116 1,086   30
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 378,383 302,746   24,337
25 Contributions, gifts, grants paid....... 4,089,918 4,089,918
26 Total expenses and disbursements. Add lines 24 and 25 4,468,301 302,746   4,114,255
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,739,369
b Net investment income (if negative, enter -0-) 4,466,584
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,289,999 1,909,903 1,909,903
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)....... 42,010,133 Click to see attachment
List of Attached Documents:
// Content
41,562,976 		49,403,131
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).......... 6,316,033 Click to see attachment
List of Attached Documents:
// Content
7,006,328 		9,414,527
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 49,616,165 50,479,207 60,727,561
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 49,616,165 50,479,207
29 Total net assets or fund balances (see instructions)..... 49,616,165 50,479,207
30 Total liabilities and net assets/fund balances (see instructions). 49,616,165 50,479,207
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
49,616,165
2
Enter amount from Part I, line 27a .....................
2
1,739,369
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
51,355,534
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
876,327
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
50,479,207
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 P    
b SHORT TERM GAIN FROM K-1: ACADIAN P    
c SHORT TERM GAIN FROM K-1: BDT FUND II P    
d LONG TERM GAIN FROM K-1: ACADIAN P    
e LONG TERM GAIN FROM K-1: BDT FUND II P    
LONG TERM LOSS FROM K-1: HIG P    
LONG TERM LOSS FROM K-1: TTV FUND P    
CAPITAL GAINS DIVIDENDS P    
(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 16,942,708   13,540,755 3,401,953
b       63,586
c       812
d       88,254
e       20,673
      -23,298
      -11,542
38,765     38,765
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       3,401,953
b       63,586
c       812
d       88,254
e       20,673
      -23,298
      -11,542
      38,765
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 3,579,203
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 62,086
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 62,086
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 62,086
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 66,823
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 116,823
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 54,737
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow54,737 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowN/A
14
The books are in care ofright arrowCOX FOUNDATIONS COX ENTERPRISES Telephone no.right arrow (678) 645-4659

Located atright arrow6205-A PEACHTREE DUNWOODY ROADATLANTAGA ZIP+4right arrow30328
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)
 
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
 
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)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
ALEXANDER C TAYLOR PRESIDENT
0.40 		0 0 0
6205-A PEACHTREE DUNWOODY ROAD
ATLANTA,GA30328
NANCY K RIGBY SECRETARY/TREASURER
5.00 		0 0 0
6205-A PEACHTREE DUNWOODY ROAD
ATLANTA,GA30328
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
STG PARTNERS INVESTMENT MANAGEMENT FEES 281,481
3455 PEACHTREE RD NE SUITE 1000
ATLANTA,GA30326
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
49,140,930
b
Average of monthly cash balances.......................
1b
2,272,338
c
Fair market value of all other assets (see instructions)................
1c
9,414,527
d
Total (add lines 1a, b, and c).........................
1d
60,827,795
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
60,827,795
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
912,417
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
59,915,378
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,995,769
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
2,995,769
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
62,086
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
62,086
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,933,683
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,933,683
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,933,683
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
4,114,255
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
4,114,255
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 2,933,683
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
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...... 245,013
e From 2023...... 268,961
f Total of lines 3a through e ........ 513,974
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 4,114,255
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 2,933,683
e Remaining amount distributed out of corpus 1,180,572
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 1,694,546
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 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 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 ...... 		1,694,546
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 245,013
d Excess from 2023.... 268,961
e Excess from 2024.... 1,180,572
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

ALL SAINTS EPISCOPAL CHURCH (WASHINGTON)

PO BOX 1441
VANCOUVER,WA98668 		  PC SPECIAL PROJECT SUPPORT 1,000

ATLANTIC SALMON FEDERATION

MAINE STREET SUITE 202
BRUNSWICK,ME040112054 		  PC GENERAL OPERATING SUPPORT 240,000

ATLANTIC SALMON FEDERATION

MAINE STREET SUITE 202
BRUNSWICK,ME040112054 		  PC GENERAL OPERATING SUPPORT 25,000

BRAYDEN COLE HINCK FOUNDATION INC

3459 MALAGA CT
CALABASAS,CA91302 		  POF TO SUPPORT A FELLOW IN CANCER & BLOOD DISEASE RESEARCH FOCUSED ON NEURO-ONCOLOGY RESEARCH AT THE CHILDREN'S HOSPITAL OF LOS ANGELES 10,000

BUCKHEAD BASEBALL INC

1266 W PACES FERRY RD BOX 273
ALANTA,GA913023077 		  PC GENERAL OPERATING SUPPORT 5,000

CHARITIES AID FOUNDATION AMERICA

225 REINEKERS LN STE 375
ALEXANDRIA,VA223142875 		  PC SPECIAL PROJECT SUPPORT 5,435

COMMUNITY FOUNDATION OF GREATER CHATTANOOGA INC

1400 WILLIAMS ST
CHATTANOOGA,TN374081140 		  PC SPECIAL PROJECT SUPPORT 955,983

ENTITLEMENTS HOW INC

2365 HARRODSBURG ROADE SUITE B230
LEXINGTON,KY405043371 		  PC PROGRAM SUPPORT 250,000

FINO DOGGIE RESCUE INC

5872 NORTHWEST 75 WAY
PARKLAND,FL33067 		  PC GENERAL OPERATING SUPPORT 7,500

FAMILIES OF CHILDREN UNDER STRESS INC

3825 PRESIDENTIAL PKWY SUITE 103
ATLANTA,GA303403793 		  PC GENERAL OPERATING SUPPORT 5,000

FORWARD ARTS FOUNDATION INC

3130 SLATON DRIVE NW
ATLANTA,GA30305 		  PC SPECIAL PROJECT SUPPORT 15,000

HARBOR SPRINGS AREA HISTORICAL SOCIETY

PO BOX 812
HARBOR SPRINGS,MI497400812 		  PC CAPITAL CAMPAIGN SUPPORT 75,000

HARBOR SPRINGS LYRIC THEATRE

PO BOX 345
HARBOR SPRINGS,MI497400345 		  PC CAPITAL CAMPAIGN SUPPORT 100,000

NOAH'S ARK REHABILITATION CENTER INC

712 LG GRIFFIN ROAD
LOCUST GROVE,GA30248 		  PC GENERAL OPERATING SUPPORT 50,000

NOAH'S ARK REHABILITATION CENTER INC

712 LG GRIFFIN ROAD
LOCUST GROVE,GA30248 		  PC GENERAL OPERATING SUPPORT 50,000

NOAH'S ARK REHABILITATION CENTER INC

712 LG GRIFFIN ROAD
LOCUST GROVE,GA30248 		  PC GENERAL OPERATING SUPPORT 50,000

NORTH ATLANTIC SALMON FUND

221 NORTH HOGAN STREET 403
JACKSONVILLE,FL322024201 		  PC GENERAL OPERATING SUPPORT 32,000

NORTH ATLANTIC SALMON FUND

221 NORTH HOGAN STREET 403
JACKSONVILLE,FL322024201 		  PC GENERAL OPERATING SUPPORT 140,000

NORTH ATLANTIC SALMON FUND

221 NORTH HOGAN STREET 403
JACKSONVILLE,FL322024201 		  PC SPECIAL PROJECT SUPPORT 18,000

SAVING HOPE FOUNDATION

420 THROCKMORTON ST STE 550
FORT WORTH,TX761023765 		  PC GENERAL OPERATING SUPPORT 25,000

ST JUDE CHILDREN'S RESEARCH HOSPITAL

501 ST JUDE PLACE
MEMPHIS,TN381051942 		  PC GENERAL OPERATING SUPPORT 10,000

THE NATIONAL COWGIRL MUSEUM AND HALL OF FAME INC

1720 GENDY ST
FORT WORTH,TX761074064 		  PC GENERAL OPERATING SUPPORT 50,000

UTAH FILM CENTER

50 WEST BROADWAY SUITE 1125
SALT LAKE CITY,UT84101 		  PC SPECIAL PROJECT SUPPORT 100,000

VANDERBILT UNIVERSITY

PMB 407826 221 KIRKLAND HALL
NASHVILLE,TN372407727 		  PC SPECIAL PROJECT SUPPORT 1,360,000

VANDERBILT UNIVERSITY

PMB 407826 221 KIRKLAND HALL
NASHVILLE,TN372407727 		  PC SPECIAL PROJECT SUPPORT 10,000

WESTMINSTER SCHOOLS INC

1424 WEST PACES FERRY RD NW
ATLANTA,GA30327 		  PC CAPITAL CAMPAIGN SUPPORT 500,000
Total .................................right arrow 3a 4,089,918
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,100,262  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		525990 -6,335 18 3,529,886  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPARTNERSHIPS - UBIT 		525990 -3,933      
bPARTNERSHIP INCOME     14 87,321  
cOTHER INCOME     14 6,234  
dPARTNERSHIP INCOME - NDE     14 -6  
e
12 Subtotal. Add columns (b), (d), and (e) .. -10,268 4,723,697 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,713,429
(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
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
ACT FOUNDATION INC
 
Employer identification number

58-6033966
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
ACT FOUNDATION INC
  		Employer identification number
58-6033966
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
ALEX C TAYLOR
229 NACOOOCHEE DRIVE
 
ATLANTA, GA30305

$ 1,494,241


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
ACT FOUNDATION INC
  		Employer identification number

58-6033966
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PUBLICLY TRADED SECURITIES $ 502,329 2024-03-05
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PUBLICLY TRADED SECURITIES $ 991,912 2024-09-04
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
ACT FOUNDATION INC
  		Employer identification number

58-6033966
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 15,806 0   15,806

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

TY 2024 ExpenditureResponsibilityStmt
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
BRAYDEN COLE HINCK FOUNDATION INC
  		3459 MALAGA CT
CALABASAS,CA91302 		2024-09-20 10,000 TO SUPPORT A FELLOW IN CANCER & BLOOD DISEASE RESEARCH FOCUSED ON NEURO-ONCOLOGY RESEARCH AT THE CHILDREN'S HOSPITAL OF LOS ANGELES 10,000 NONE 2/20/25   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.

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TY 2024 GainLossSaleOtherAssetsSch
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
LONG TERM LOSS FROM K-1: HIG - UBI   PURCHASED         COST 0 -6,335  

TY 2024 InvestmentsCorpStockSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Name of Stock End of Year Book Value End of Year Fair Market Value
1ST CTZNS BNCSHS INC A 54,008 67,616
ADOBE SYS DEL PV$ 0.001 84,966 96,050
ADVNCD MICRO D INC 67,140 71,990
AES CORP 85,075 68,237
AGILENT TECHNOLOGIES INC 49,142 50,243
AIR PRODUCTS & CHEM 33,671 32,853
AIR PRODUCTS & CHEM 105,596 89,884
ALIBABA GROUP HOLDING LT 50,575 25,861
ALLY FINL INC 86,254 85,884
ALPHABET INC SHS CL A 42,027 133,457
ALPHABET INC SHS CL A 86,746 114,337
ALPHABET INC SHS CL A 59,886 88,403
ALPHABET INC SHS CL A 98,681 150,872
ALPHABET INC SHS CL C 112,869 177,490
ALPHABET INC SHS CL C 37,776 117,692
AMAZON COM INC COM 196,596 345,539
AMAZON COM INC COM 139,846 264,146
AMAZON COM INC COM 204,622 301,222
AMERICAN INTERNATIONAL GROUP INC 90,084 91,073
AMERICAN INTERNATIONAL GROUP INC 41,768 52,489
AMERICAN TOWER REIT INC 64,848 59,425
AMETEK INC NEW 157,097 171,608
AMPHENOL CORP CL A NEW 90,476 148,206
AON PLC 164,285 161,981
APACHE CORP 59,011 43,525
API GROUP CORP REG SHS 189,539 198,446
APPLE INC 157,540 244,410
APPLIED MATERIALS INC 55,959 54,318
ARES MANAGEMENT 79,367 94,534
ARTISAN INTERNATIONAL 1,074,353 1,162,265
ATLASSIAN CORP PLC 62,610 62,377
AUTODESK INC COM ISIN 64,735 114,977
BANK NEW YORK MELLON 57,555 77,214
BAXTER INTERNTL INC 35,916 26,157
BECTON DICKINSON CO 173,341 171,060
BLACKROCK GLOBAL 2,195,860 1,884,367
BLACKROCK INC 22,849 32,804
BLACKROCK MULTI-SECTOR 8,121 0
BOEING COMPANY 183,950 178,239
BOEING COMPANY 79,066 78,765
BORG WARNER INC COM 29,595 29,215
BRISTOL-MYERS SQUIBB CO 63,453 62,442
CACI INTL INC CL A 141,147 140,209
CADENCE DESIGN SYS INC 67,215 99,753
CANADIAN PAC KANS CITY 187,119 174,701
CAPITAL ONE FINL 60,903 79,352
CARLYLE (THE) GROUP INC 33,723 32,919
CARRIER GLOBAL CORP REG 35,177 34,608
CATERPILLAR INC DEL 51,754 60,944
CBRE GROUP INC COM 96,652 130,108
CBRE GROUP INC COM 54,637 73,260
CELANESE CORP DEL SER A 36,110 17,649
CENTENE CORP 88,874 70,757
CENTENE CORP 58,997 57,006
CHARLES RIVER LABS INTL 251,152 209,890
CHARTER COMMUNICATIONS INC NEW CL A 61,913 68,211
CHEVRON CORP 57,180 52,722
CHIPOTLE MEXICAN GRILL 41,208 74,531
CIGNA CORP 50,204 49,705
CISCO SYSTEMS INC COM 40,855 43,512
CITIGROUP INC COM NEW 105,853 129,799
CITIGROUP INC COM NEW 48,597 76,725
CLEAN HARBORS INC 125,962 147,980
COLGATE PALMOLIVE 57,565 66,546
COMCAST CORP NEW CL A 75,935 61,211
CONOCOPHILLIPS 87,510 76,857
COPART INC COM 28,268 42,813
COREBRIDGE FINL INC 31,568 32,205
CORNING INC 44,059 65,102
CORTEVA INC REG SHS 68,322 71,143
CROWN CASTLE INTL CORP 137,613 140,573
CSX CORP 55,752 56,473
CVS CAREMARK CORP 38,917 25,902
CVS CAREMARK CORP 62,897 46,686
DANAHER CORP DEL COM 59,847 62,208
DANAHER CORP DEL COM 80,101 72,079
DANAHER CORP DEL COM 105,457 104,675
DATADOG INC REG SHS CL A 50,887 57,299
DEERE CO 9,525 20,338
DEERE CO 88,467 99,146
DELTA AIR LINES INC 40,326 54,087
DISNEY (WALT) CO COM STK 75,570 82,510
DISNEY (WALT) CO COM STK 112,829 111,127
DOUBLELINE CORE FIXED 3,436,621 2,944,522
DOUBLELINE TOTAL RETURN 3,636,574 3,034,249
DYNATRACE INC REG SHS 84,569 87,232
EATON CORP PLC FGN 36,133 63,387
ECOLAB INC 51,268 57,877
ELEVANCE HEALTH INC COM 42,231 37,628
ELI LILLY & CO 81,393 132,012
EOG RESOURCES INC 75,117 76,490
EPAM SYSTEMS INC SHS 62,837 73,419
EQUIFAX INC 52,706 53,009
EQUITABLE HLDGS INC 61,697 60,142
EXPEDITORS INTL WASH INC 30,544 42,868
FACTSET RESH SYS INC 26,396 29,777
FACTSET RESH SYS INC 26,886 47,067
FIRSTENERGY CORP 45,607 51,674
FISERV INC 64,001 84,838
FORTIVE CORP 43,750 43,575
FORTUNE BRANDS INNOVATIONS INC 50,343 44,961
FREEPRT-MCMRAN CPR & GLD 59,826 56,968
GALLAGHER ARTHUR J & CO 100,278 116,379
GE HEALTHCARE 33,093 32,445
GENERAL ELECTRIC 61,516 57,209
GENERAL MOTORS CO 80,770 102,971
GENUINE PARTS CO 34,970 28,723
GLOBAL PMTS INC GEORGIA 64,364 63,874
HOME DEPOT INC 114,077 108,139
ILLINOIS TOOL WORKS 35,555 38,541
ILLUMINA INC COM 64,041 38,218
INTERCONTINENTALEXCHANGE 76,569 104,456
INTERCONTINENTALEXCHANGE 157,085 147,669
INTERCONTINENTALEXCHANGE 79,540 85,383
INTUIT COM 115,794 138,270
INTUIT COM 123,235 164,667
INTUITIVE SURGICAL INC NEW 62,310 118,485
INTUITIVE SURGICAL INC NEW 22,684 59,503
INTUITIVE SURGICAL INC NEW 56,754 61,591
IQVIA HLDGS INC 90,954 75,067
ISHARE CORE U.S. 2,007,197 1,670,287
ISHARES EDGE MSCI 1,229,246 2,023,174
ISHARES EDGE MSCI MIN 665,888 873,377
ISHARES EDGE MSCI MIN VOL USA ETF 1,145,721 1,637,263
ISHARES EDGE MSCI USA VALUE FACTOR ETF 834,171 1,060,226
ISHARES MSCI EAFE 950,586 1,115,192
ISHARES RS 2000 GROWTH 1,889,577 2,005,957
ISHARES RS 2000 VALUE 948,354 952,407
ISHARES RUSSELL 1000 3,814,491 4,791,908
ISHARES RUSSELL 1000 1,978,503 4,026,429
JABIL CIRCUIT INC 134,040 147,354
JPMORGAN CHASE & CO 91,073 89,412
JPMORGAN CHASE & CO 42,620 68,557
KENVUE INC 58,711 61,275
KEURIG DR PEPPER INC COM 52,827 51,456
KKR & CO INC CL A 113,977 174,534
KLA TENCOR CORP PV$0.001 75,615 69,943
KROGER CO COM 65,283 81,635
LIBERTY BROADBAND CORP 19,383 20,933
LIBERTY MEDIA CORP REG 114,616 147,329
LOWE-S COMPANIES INC 55,679 62,687
MAGNA INTL INC CL A VTG 38,907 31,050
MARATHON PETROLEUM CORP 48,237 45,477
MARTIN MARIETTA MATLS 135,244 131,191
MARVELL TECHNOLOGY GROUP 95,278 153,084
MARVELL TECHNOLOGY GROUP 82,696 163,687
MASCO CORP SPXW 150828C02150000 39,550 37,882
MASTERCARD INC 153,171 214,314
MERCK AND CO INC SHS 63,861 59,091
META PLATFORMS INC 60,385 298,610
METLIFE INC COM 40,453 53,304
MICROCHIP TECHNOLOGY INC 47,721 31,887
MICROSOFT CORP 206,352 311,489
MICROSOFT CORP 60,762 175,766
MICROSOFT CORP 186,883 255,429
MONOLITHIC PWR SYSTEMS 69,651 80,471
MONSTER BEVERAGE SHS 63,124 91,980
MORGAN STANLEY 43,316 64,872
MOTOROLA SOLUTIONS INC 77,648 133,122
MSCI INC 64,488 73,201
NASDAQ OMX GRP INC 52,026 63,472
NETFLIX COM INC 57,784 243,330
NIKE INC CL B 35,833 35,943
NOVARTIS ADR 33,836 38,827
NOVO NORDISK A S ADR 33,684 68,644
NVIDIA CORP 25,612 99,777
NVIDIA CORP 35,374 374,669
NVIDIA CORP 62,615 299,870
ORACLE CORP $0.01 DEL 142,343 159,474
ORACLE CORP $0.01 DEL 61,152 196,302
O-REILLY AUTOMOTIVE INC 73,403 99,607
PAYPAL HLDGS INC COM 44,841 38,322
PEPSICO INC 82,385 70,708
PG&E CORP 57,377 70,186
PHILIP MORRIS INTL INC 41,835 52,954
PHILLIPS 66 SHS 88,529 72,915
PROGRESSIVE CORP OHIO 51,696 91,052
PROGRESSIVE CORP OHIO 115,171 133,942
QUALCOMM INC 70,692 88,639
QUALCOMM INC 31,749 55,610
QUALCOMM INC 33,428 41,324
RANDGOLD RES LTD ADR 39,891 39,789
RAYTHEON TECHNOLOGIES 43,257 58,554
REGENERON PHARMACTCLS 47,754 66,959
REINSURANCE GROUP AMER INC COM NEW 28,421 33,113
ROCHE HLDG LTD SPN ADR FGN 37,875 30,450
ROCKWELL AUTOMATION INC 35,072 35,152
ROSS STORES INC COM 65,631 86,980
SALESFORCE COM INC 78,539 132,729
SALESFORCE COM INC 70,919 130,389
SBA COMMUNICATIONS CPRP CL A 172,895 165,689
SCHLUMBERGER LTD FGN 98,124 70,661
SCHWAB CHARLES CORP NEW 80,375 95,399
SEI INVT CO PA PV $0.01 29,943 48,168
SERVICENOW INC 90,212 168,559
SHOPIFY INC CL A 47,874 100,695
SOUTHWEST AIRLNS CO 44,049 46,093
SQUARE INC SHS CL A 43,255 41,900
STARBUCKS CORP 56,412 59,951
STATE STREET CORP 56,079 71,159
TE CONNECTIVITY LTD 38,670 37,029
TECHNIPFMC PLC REG SHS 34,014 54,176
TERADATA CORP DEL 42,200 29,966
TESLA MTRS INC 159,374 377,187
THERMO FISHER SCIENTIFIC 101,981 97,803
THERMO FISHER SCIENTIFIC 47,463 46,821
THERMO FISHER SCIENTIFIC 69,260 68,150
TJX COS INC NEW 67,690 100,514
TRADE (THE) DESK INC SHS 28,860 26,209
UBER TECHNOLOGIES INC 132,400 125,647
UBER TECHNOLOGIES INC 70,307 87,464
VERALTO CORP 43,624 51,027
VERALTO CORP 59,450 73,332
VERISK ANALYTICS INC 57,748 74,366
VERIZON COMMUNICATNS COM 71,713 85,939
VERTEX PHARMACEUTCLS INC 86,612 83,359
VERTEX PHARMACEUTCLS INC 51,555 95,440
VISA INC CL A SHRS 74,847 98,604
VISA INC CL A SHRS 104,355 203,530
VISA INC CL A SHRS 114,486 161,812
WALKER & DUNLOP INC 66,973 67,269
WARNER BROS DISCOVERY 40,318 46,772
WELLS FARGO & CO NEW DEL 69,994 96,861
WELLS FARGO & CO NEW DEL 34,413 56,754
WELLTOWER INC 134,304 130,567
WEST PHARMACTL SVCS INC 107,016 97,940
WILLIAMS CO INC 34,785 54,174
WILLIS TOWERS WATSON PLC LTD CO 60,708 69,853
WORKDAY INC CL A 20,790 33,028
WORKDAY INC CL A 89,471 86,956
YUM BRANDS INC 23,179 35,016
YUM CHINA HOLDINGS INC 15,600 16,089

TY 2024 InvestmentsOtherSchedule2
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ACADIAN ALL COUNTRY WORLD EX US FUND AT COST 1,799,171 2,059,531
BDT CAPITAL PARTNERS FUND II, L.P. (TE) AT COST 2,301,559 3,512,271
BDT CAPITAL PARTNERS FUND II-A SPIRITS, L.P. AT COST 65,227 92,669
BDT CAPITAL PARTNERS FUND IV, L.P. AT COST 715,320 843,619
FALFURRIAS CAPITAL PARTNERS V, L.P. AT COST 822,434 1,066,002
FALFURRIAS GROWTH PARTNERS I, L.P. AT COST 390,300 467,640
H.I.G. ADVANTAGE BUYOUT FUND, AIV B, L.P. AT COST 20,716 20,716
H.I.G. ADVANTAGE BUYOUT FUND, L.P. AT COST 659,682 1,094,858
TTV FUND VI, L.P. AT COST 231,919 257,221

TY 2024 OtherDecreasesSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Description Amount
FMV IN EXCESS OF BASIS OF CONTRIBUTED SECURITIES 876,327


TY 2024 OtherExpensesSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 1,086 1,086   0
FILING FEES 30 0   30


TY 2024 OtherIncomeSchedule2
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIPS - UBIT -3,933   -3,933
PARTNERSHIP INCOME 87,321 87,321 87,321
OTHER INCOME 6,234 6,234 6,234
PARTNERSHIP INCOME - NDE -6   -6


TY 2024 OtherProfessionalFeesSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 13,268 4,767   8,501
INVESTMENT MANAGEMENT FEES 295,621 295,621   0


TY 2024 TaxesSchedule
Name:
ACT FOUNDATION INC
EIN:
58-6033966
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL INCOME TAX 51,000 0   0
FOREIGN TAXES PAID 1,272 1,272   0
STATE INCOME TAX 300 0   0