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
BARBARA ANN BALDRIDGE FOUNDATION WE453
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 2950 TAX DEPT FLOOR 5
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN ANTONIO, TX782992950
A Employer identification number

86-2379956
B Telephone number (see instructions)

(817) 420-5082
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$11,192,734J 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      
4 Dividends and interest from securities... 170,903 170,903  
5a Gross rents............ 14,390 14,390  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 116,292
b Gross sales price for all assets on line 6a 1,783,939
7 Capital gain net income (from Part IV, line 2)... 116,292
8 Net short-term capital gain......... 0
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
32,677 32,677  
12 Total. Add lines 1 through 11........ 334,262 334,262  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 64,296 32,148   32,148
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,350 675 0 675
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
7,275 3,309   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
53,785 53,785    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 126,706 89,917 0 32,823
25 Contributions, gifts, grants paid....... 500,000 500,000
26 Total expenses and disbursements. Add lines 24 and 25 626,706 89,917 0 532,823
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -292,444
b Net investment income (if negative, enter -0-) 244,345
c Adjusted net income (if negative, enter -0-)... 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............. 0 474 474
2 Savings and temporary cash investments......... 221,507 107,894 107,894
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
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)....... 5,286,755 Click to see attachment
List of Attached Documents:
// Content
5,008,829 		5,678,532
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)..........     0
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
3,329,541 		Click to see attachment
List of Attached Documents:
// Content
3,428,162 		Click to see attachment
List of Attached Documents:
// Content
5,405,834
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,837,803 8,545,359 11,192,734
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
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........ 8,837,803 8,545,359
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)..... 8,837,803 8,545,359
30 Total liabilities and net assets/fund balances (see instructions). 8,837,803 8,545,359
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
8,837,803
2
Enter amount from Part I, line 27a .....................
2
-292,444
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
8,545,359
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
8,545,359
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 106. BRISTOL-MYERS SQUIBB CO   2020-11-17 2024-02-01
b 71. EXPEDIA GROUP INC   2020-11-17 2024-03-18
c 383.69 FIDELITY EMER MKTS INDEX INSTL PREM   2023-12-18 2024-04-02
d 13978.273 FIDELITY EMER MKTS INDEX INSTL PREM   2022-12-19 2024-04-02
e 2149. FLEXSHARES GLBL UPSTREAM NAT RES ETF   2022-05-12 2024-04-03
31. EDWARDS LIFESCIENCES CORP   2020-11-17 2024-04-22
39. ZOETIS INC   2020-11-17 2024-04-23
100000. U S TREASURY NOTES 2.5000% 04/30/24   2022-05-12 2024-04-30
60. STARBUCKS CORP   2020-11-17 2024-05-01
100000. AMERICAN EXPRESS CO 3.3750% 05/03/24   2022-05-24 2024-05-03
8. HONEYWELL INTERNATIONAL INC COM *   2020-11-17 2024-05-06
739.696 TEMPLETON GLOBAL BOND FUND   2024-04-25 2024-05-22
15657.663 TEMPLETON GLOBAL BOND FUND   2023-04-25 2024-05-22
146.4 COHEN & STEERS INSTL REALTY FD   2024-03-28 2024-05-29
4432.86 COHEN & STEERS INSTL REALTY FD   2023-03-31 2024-05-29
61. FORTIVE CORP   2020-11-17 2024-05-30
155. CVS CORP COM   2020-11-17 2024-06-20
141. PFIZER INC COM *   2021-05-28 2024-06-20
62. ABBOTT LABORATORIES   2020-11-17 2024-06-21
6561.879 JHANCOCK DISCIPLINED VALUE MID CAP INSTL   2022-12-20 2024-07-05
.581 MFS VALUE FUND CL R6   2024-06-26 2024-07-05
60.42 MFS VALUE FUND CL R6   2021-05-12 2024-07-05
1969.283 T ROWE PRICE MIDCAP GROWTH FD INSTL   2021-12-15 2024-07-05
19. HONEYWELL INTERNATIONAL INC COM *   2020-11-17 2024-07-30
27. FLOOR & DECOR HLDGS INC CL A   2021-06-29 2024-08-20
7. LAM RESEARCH CORPORATION   2021-07-20 2024-08-20
120. CHEVRON CORPORATION   2020-11-17 2024-08-21
17. AMENTUM HOLDINGS INC   2023-11-07 2024-10-02
14. HUMANA INC   2020-11-17 2024-10-02
73. UNION PACIFIC CORP   2020-11-17 2024-10-09
81. FIDELITY NATL INFO SVCS INC   2020-11-17 2024-11-21
15. TARGET CORP   2024-03-18 2024-12-03
9. LENNAR CORP CL A   2021-10-13 2024-12-05
5. ADOBE INC   2020-11-17 2024-12-09
29. AMAZON.COM INC   2020-11-17 2024-12-09
2273.56123 ARTISAN HIGH INCOME FD INSTL   2021-10-31 2024-12-09
143.25277 ARTISAN HIGH INCOME FD INSTL   2021-05-12 2024-12-09
534.445 BAIRD AGGREGATE BD FD INSTL   2024-09-25 2024-12-09
3944.06761 BAIRD AGGREGATE BD FD INSTL   2020-09-28 2024-12-09
726.16339 BAIRD AGGREGATE BD FD INSTL   2020-09-28 2024-12-09
273.202 ISHARES S&P 500 STK INDEX FUND CL K   2023-10-02 2024-12-09
69. CANADIAN PACIFIC KANSAS CITY   2020-11-17 2024-12-09
1989.082 CAUSEWAY INTERNATIONAL VALUE-INSTL   2022-12-23 2024-12-09
23. DANAHER CORPORATION   2020-11-17 2024-12-09
57.001 FROST CREDIT FUND INSTL   2024-09-27 2024-12-09
1895.88545 FROST CREDIT FUND INSTL   2021-08-18 2024-12-09
109.59655 FROST CREDIT FUND INSTL   2021-12-31 2024-12-09
734.182 FROST TOTAL RETURN BOND FUND INSTL   2024-09-27 2024-12-09
3426.72395 FROST TOTAL RETURN BOND FUND INSTL   2021-08-18 2024-12-09
765.29605 FROST TOTAL RETURN BOND FUND INSTL   2021-08-18 2024-12-09
1325.322 GOLDMAN SACHS GQG PARTNERS INTL OPPS FD R6   2023-09-13 2024-12-09
27. HOME DEPOT INC COM *   2020-11-17 2024-12-09
111. QUALCOMM INC   2020-11-17 2024-12-09
25. UNITEDHEALTH GROUP INC   2021-06-24 2024-12-09
12. ADVANCED MICRO DEVICES INC   2021-01-26 2024-12-11
30. CBOE GLOBAL MARKETS INC   2024-10-16 2024-12-17
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,152   6,800 -1,648
b 9,510   8,654 856
c 3,975   3,760 215
d 144,815   150,425 -5,610
e 89,884   91,913 -2,029
2,661   2,642 19
5,764   6,463 -699
100,000   99,918 82
4,391   5,893 -1,502
100,000   100,000  
1,555   1,637 -82
5,252   5,395 -143
111,169   149,091 -37,922
6,374   6,367 7
193,007   193,786 -779
4,487   4,366 121
9,451   10,373 -922
3,915   5,478 -1,563
6,539   7,034 -495
185,832   150,206 35,626
29   29  
3,015   3,062 -47
204,057   220,696 -16,639
3,857   3,887 -30
2,864   2,902 -38
6,052   4,278 1,774
17,449   10,406 7,043
428   387 41
3,457   5,906 -2,449
17,323   15,006 2,317
6,940   11,925 -4,985
1,970   2,517 -547
1,490   848 642
2,736   2,338 398
6,558   4,558 2,000
20,917   23,194 -2,277
1,318   1,465 -147
5,286   5,374 -88
39,007   46,693 -7,686
7,182   8,597 -1,415
194,179   123,761 70,418
5,246   4,653 593
41,850   32,352 9,498
5,426   4,663 763
544   545 -1
18,087   19,055 -968
1,046   1,108 -62
7,246   7,344 -98
33,822   35,569 -1,747
7,553   7,944 -391
29,250   24,452 4,798
11,630   7,352 4,278
17,844   16,510 1,334
13,762   9,698 4,064
1,570   1,144 426
5,907   6,342 -435
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
      60,408
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       -1,648
b       856
c       215
d       -5,610
e       -2,029
      19
      -699
      82
      -1,502
       
      -82
      -143
      -37,922
      7
      -779
      121
      -922
      -1,563
      -495
      35,626
       
      -47
      -16,639
      -30
      -38
      1,774
      7,043
      41
      -2,449
      2,317
      -4,985
      -547
      642
      398
      2,000
      -2,277
      -147
      -88
      -7,686
      -1,415
      70,418
      593
      9,498
      763
      -1
      -968
      -62
      -98
      -1,747
      -391
      4,798
      4,278
      1,334
      4,064
      426
      -435
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 116,292
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 3,396
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 3,396
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 3,396
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 2,492
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,492
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 904
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowTX
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 arrow  
14
The books are in care ofright arrowFrost Wealth Advisors Telephone no.right arrow (817) 420-5082

Located atright arrow111 W HOUSTON STREETSAN ANTONIOTX ZIP+4right arrow78205
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Frost Bank Trustee
40 		64,296    
111 W Houston Street
San Antonio,TX78205
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
6,387,325
b
Average of monthly cash balances.......................
1b
252,788
c
Fair market value of all other assets (see instructions)................
1c
4,835,341
d
Total (add lines 1a, b, and c).........................
1d
11,475,454
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
11,475,454
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
172,132
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
11,303,322
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
565,166
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
565,166
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
3,396
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,396
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
561,770
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
561,770
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
561,770
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
532,823
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
532,823
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 7 561,770
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...... 0
b From 2020...... 0
c From 2021...... 12,495
d From 2022...... 9,259
e From 2023...... 0
f Total of lines 3a through e ........ 21,754
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 532,823
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..... 532,823
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 21,754 21,754
(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 .......... 		7,193
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.... 0
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 0
e Excess from 2024.... 0
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:
Frost Charitable Trust Committee
Attn B Witworth PO Box 33349
Fort Worth,TX761623349
(817) 420-5082
bThe form in which applications should be submitted and information and materials they should include:
The Grant request should be a written request with specific information related to the desired use of the grant and a copy of the recipients tax exempt letter from the IRS.
cAny submission deadlines:
There is no formal deadline for submitting request.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Must be an tax exempt organization
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

PURE ADVENTURE

PO BOX 101104
Fort Worth,TX76185 		NONE EXEMPT UNRESTRICTED GRANT 5,000

United Community Centers Inc

3900 MEADOWBROOK DR
Fort Worth,TX76103 		NONE EXEMPT UNRESTRICTED GRANT 2,500

Neuro Assistance Foundation

2320 BRIDGEWOOD DR
Keller,TX76262 		NONE EXEMPT UNRESTRICTED GRANT 1,000

Ballet Frontier of Texas

6132 OVERTON RIDGE BLVD
Fort Worth,TX76132 		NONE EXEMPT UNRESTRICTED GRANT 1,000

Streams and Valleys

2918 WINGATE ST
Fort Worth,TX76107 		NONE EXEMPT UNRESTRICTED GRANT 10,000

Community Healing and Mental Health Proj
ect
1311 ROSEBROOK DR
Mansfield,TX76063 		NONE EXEMPT UNRESTRICTED GRANT 1,000

RIVERTREE ACADEMY INC

5443 BONNELL AVE
Fort Worth,TX761076713 		NONE EXEMPT UNRESTRICTED GRANT 15,000

B Noble Farms Foundation for Rescued Ani
mals
C/O SUZANNE BRYANT529 COUNTRY CLUB
Argyle,TX76226 		NONE EXEMPT UNRESTRICTED GRANT 1,000

Salvation Army Arlington

712 W ABRAM ST
Arlington,TX76013 		NONE EXEMPT UNRESTRICTED GRANT FOR 1,000

Texas Cultural Trust

ATTN LESLEY WALKER901 S MOPAC EXPW
Austin,TX78746 		NONE EXEMPT UNRESTRICTED GRANT 5,000

Boy Scouts of America

PO BOX 54190
Hurst,TX76054 		NONE EXEMPT UNRESTRICTED GRANT 10,000

FORT WORTH MUSEUM OF SCIENCE & HISTORY

1600 GENDY ST
Fort Worth,TX761074062 		NONE EXEMPT UNRESTRICTED GRANT 1,000

Salvation Army - Fort Worth

AREA COMMAND1855 E LANCASTER
Fort Worth,TX76103 		NONE EXEMPT UNRESTRICTED GRANT 10,000

Texas Christian University
Marisa LePak-Gift PlanningTcu
BOX 297044
Fort Worth,TX76129 		NONE EXEMPT UNRESTRICTED GRANT FOR 50,000

Arlington Heights United Methodist
Church
4200 CAMP BOWIE BLVD
Fort Worth,TX76116 		NONE EXEMPT UNRESTRICTED GRANT FOR 50,000

Fort Worth Opera Association

505 PECAN STREET SUITE 100
Fort Worth,TX76102 		NONE EXEMPT UNRESTRICTED GRANT 2,500

Casa Manana Inc

3101 WEST LANCASTER AVENUE
Fort Worth,TX76107 		NONE EXEMPT UNRESTRICTED GRANT\ 3,000

Fort Worth Zoologocal Association

1989 COLONIAL PKWY
Fort Worth,TX76110 		NONE EXEMPT UNRESTRICTED GRANT FOR 10,000

Baylor All Saints Medical School

1400 EIGHTH AVENUE
Fort Worth,TX76104 		NONE EXEMPT UNRESTRICTED GRANT FOR 10,000

Cancer Care Services

EXECUTIVE DIRECTOR623 S HENDERSON
Fort Worth,TX76104 		NONE EXEMPT UNRESTRICTED GRANT 10,000

Fort Worth Youth Orchestra

4401 TRAIL LAKE DR
Fort Worth,TX76109 		NONE EXEMPT UNRESTRICTED GRANT 2,000

The National Cowgirl Museum and Hall of
Fame Inc
1720 GENDY ST
Fort Worth,TX761074064 		NONE EXEMPT UNRESTRICTED GRANT 2,500

Friends of the Fort Worth Nature Center
& Refuge
PO BOX 471486
Fort Worth,TX76147 		NONE EXEMPT UNRESTRICTED GRANT FOR 3,000

WOMENS CENTER OF TARRANT COUNTY INC

1723 HEMPHILL ST
Fort Worth,TX761101516 		NONE EXEMPT UNRESTRICTED GRANT 5,000

Helping Restore Ability

4300 BELTWAY PLACE SUITE 130
Arlington,TX76018 		NONE EXEMPT UNRESTRICTED GRANT 2,500

Safehaven Of Tarrant County

LIZ TUMLINSON - VP OF FINANCE1010
Arlington,TX76011 		NONE EXEMPT UNRESTRICTED GRANT 5,000

Texas and Southwestern Cattle Raisers Fo
undation
1600 GENDY ST
Fort Worth,TX761074062 		NONE EXEMPT UNRESTRICTED GRANT 2,500

Presbyterian Night Shelter

ATTN BRENDA RIOS VP OF DEVELOPMEN
Fort Worth,TX76113 		NONE EXEMPT UNRESTRICTED GRANT 10,000

The Warm Place

MS SHELLEY BETTIS809 LIPSCOMB STRE
Fort Worth,TX761043121 		NONE EXEMPT UNRESTRICTED GRANT 5,000

Hope Farm Inc

865 E RAMSEY AVE
Fort Worth,TX76104 		NONE EXEMPT UNRESTRICTED GRANT 5,000

Day Resource Center for the Homeless

1415 E LANCASTER AVE
Fort Worth,TX761026717 		NONE EXEMPT UNRESTRICTED GRANT 5,000

Amphibian Productions Inc

120 S MAIN STREET
Fort Worth,TX76104 		NONE EXEMPT UNRESTRICTED GRANT FOR 15,000

JPS Foundation

1223 SOUTH MAIN STREET
Fort Worth,TX76104 		NONE EXEMPT UNRESTRICTED GRANT 10,000

Junior League of Fort Worth

255 BAILEY AVENUE
Fort Worth,TX76107 		NONE EXEMPT UNRESTRICTED GRANT 2,500

Trinity Valley School

7500 DUTCH BRANCH ROAD
Fort Worth,TX76132 		NONE EXEMPT UNRESTRICTED GRANT FOR 200,000

THE ART OF LIVING INC

101 SAINT LOUIS AVE
Fort Worth,TX761041229 		NONE EXEMPT UNRESTRICTED GRANT 2,500

5 Stones Foundation Inc

2424 COLONIAL PKWY
Fort Worth,TX76109 		NONE EXEMPT UNRESTRICTED GRANT 15,000

Meals On Wheels Inc

5740 AIRPORT FREEWAY
Fort Worth,TX76117 		NONE EXEMPT UNRESTRICTED GRANT FOR 7,500

Village Library

3112 STEVE DR
Hurst,TX76154 		NONE EXEMPT UNRESTRICTED GRANT 1,000
Total .................................right arrow 3a 500,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 170,903  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 116,292  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aROYALTY INCOME 		    15   32,677
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   287,195 32,677
13Total. Add line 12, columns (b), (d), and (e)..................
13
319,872
(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
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Form 990-PF (2024)
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Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
BARBARA ANN BALDRIDGE FOUNDATION WE453
EIN:
86-2379956
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE 1,350 675   675

TY 2024 InvestmentsCorpStockSchedule
Name:
BARBARA ANN BALDRIDGE FOUNDATION WE453
EIN:
86-2379956
Name of Stock End of Year Book Value End of Year Fair Market Value
AMERICAN BEACON STEPHENS SM CA 101,705 91,263
ARTISAN HIGH INCOME FD INSTL 104,553 97,421
BAIRD AGGREGATE BD FD INSTL 877,946 789,247
ISHARES S&P 500 STK INDEX FUND 494,543 788,103
CAUSEWAY INTERNATIONAL VALUE-I 111,710 129,698
COHEN & STEERS INSTL REALTY FD    
FIDELITY EMER MKTS INDEX INSTL    
FROST LOW DURATION BOND FD INS 322,351 310,400
FROST CREDIT FUND INSTL 101,077 97,252
FROST TOTAL RETURN BOND FUND I 816,873 789,985
JHANCOCK DISCPLNED VALUE MID C 144,189 175,898
MFS VALUE FUND CL R6    
T ROWE PRICE MIDCAP GROWTH FD 185,404 176,904
T ROWE PRICE INTL DISC FD INST 136,524 108,469
TEMPLETON GLOBAL BOND FUND    
VICTORY SMALL CO OPP FUND 85,669 90,826
ABBOTT LABORATORIES    
ADOBE INC 8,882 8,448
ADVANCED MICRO DEVICES INC 1,620 2,053
AIRBNB INC CL A 2,834 2,759
ALPHABET INC CL A 21,151 45,432
ALPHABET INC CL C 17,695 38,088
AMAZON.COM INC 45,735 63,842
AMERICAN ELECTRIC POWER INC 5,922 5,349
AMERICAN EXPRESS CO 9,399 24,040
AMERICAN EXPRESS CO 3.3750% 05    
AMERICAN TOWER CORP REIT 3,120 2,384
AMGEN INC 4,200 4,692
ANALOG DEVICES INC 3,897 5,736
AON PLC 10,033 17,240
APPLE INC 33,403 69,366
APPLE INC 0.7000% 02/08/26 92,580 96,084
APPLIED MATERIALS INC COM 7,357 16,100
ASTRAZENECA PLC SPONS ADR 9,951 11,794
BANK OF AMERICA CORP 11,476 18,371
BAXTER INTERNATIONAL INC 5,800 2,100
BERKSHIRE HATHAWAY INC CL B 14,474 28,103
BOOKING HOLDINGS INC 4,146 9,937
BOSTON SCIENTIFIC CORP 8,346 21,437
BRISTOL-MYERS SQUIBB CO    
CANADIAN PACIFIC RAILWAY LTD    
CHEVRON CORP 1.5540% 05/11/25 95,828 98,914
CHEVRON CORPORATION    
CHIPOTLE MEXICAN GRILL INC CL 8,854 21,105
CHUBB LIMITED 9,773 17,960
CISCO SYSTEMS INC 7,664 10,715
COMCAST CORPORATION CL A 4,814 3,640
CONOCOPHILLIPS 4,058 8,429
CONSTELLATION BRANDS INC CL A 12,117 13,039
CORNING INC 8,602 11,167
COSTCO WHOLESALE CORP NEW 7,294 17,409
CVS HEALTH CORP    
DANAHER CORPORATION 6,487 7,346
DISNEY (WALT) COMPANY HOLDING 6,629 5,122
DUPONT DE NEMOURS INC 11,348 13,649
EATON CORP PLC 5,338 7,633
EDWARDS LIFESCIENCES CORP    
ELEVANCE HEALTH INC 13,227 14,756
ELI LILLY & CO 5,236 28,564
ENTERGY CORP 7,674 10,312
EVERGY INC 9,867 10,648
EXPEDIA GROUP INC    
FIDELITY NATL INFO SVCS INC    
FLEXSHARES GLBL UPSTREAM NAT R    
FLOOR & DECOR HLDGS INC CL A    
FORTIVE CORP    
HOME DEPOT INC 7,624 10,892
HONEYWELL INTERNATIONAL INC 2,659 2,937
HUMANA INC    
INTERCONTINENTAL EXCHANGE INC 3,928 5,364
JOHNSON & JOHNSON COM 14,104 13,594
KKR & COMPANY INC CLASS A 4,645 10,650
L3HARRIS TECHNOLOGIES INC 9,992 10,514
LAM RESEARCH CORPORATION 3,205 4,637
LENNAR CORP CL A    
LOWES COS INC 13,909 21,472
LULULEMON ATHLETICA INC 3,915 4,207
MARVELL TECHNOLOGY INC 7,419 17,672
MASTERCARD INC CL A 17,493 27,382
MEDTRONIC PLC 12,784 9,266
MERCK & CO INC 5,761 7,362
META PLATFORMS INC 19,313 40,986
SALESFORCE INC 9,407 11,702
SERVICENOW INC 13,344 27,563
SHERWIN-WILLIAMS CO 6,593 9,178
SNOWFLAKE INC CL A 3,082 1,853
SONY GROUP CORP SPONSORED ADR 11,766 13,860
STARBUCKS CORP    
STRYKER CORP 7,653 11,882
TESLA INC 4,729 9,288
THERMO FISHER SCIENTIFIC INC 5,670 5,723
TJX COMPANIES INC 5,772 11,477
T-MOBILE US INC 6,963 11,919
UBER TECHNOLOGIES INC 2,749 2,835
UNION PACIFIC CORP    
UNITEDHEALTH GROUP INC 11,586 13,152
VALERO ENERGY CORP NEW 6,738 15,446
VISA INC CL A 19,897 29,708
WALMART INC 3.7000% 06/26/28 101,318 97,710
WORKDAY INC CL A 2,711 3,096
ZOETIS INC    
MICROSOFT CORP 57,467 112,119
MOODYS CORP 6,033 10,414
NIKE INC CLASS B 6,066 3,481
NVIDIA CORP 5,342 53,716
O'REILLY AUTOMOTIVE INC 3,161 8,301
OTIS WORLDWIDE CORP 4,861 6,668
PFIZER INC    
PHILIP MORRIS INTL INC 8,394 12,877
PROCTER & GAMBLE CO 14,345 16,765
PROGRESSIVE CORPORATION 9,205 23,242
PROLOGIS INC REIT 5,907 4,862
QUALCOMM INC 9,744 3,226
ABBVIE INC 6,426 7,286
GOLDMAN SACHS GQG PARTNERS INT 116,186 122,150
HYATT HOTELS CORP CL A 1,801 2,355
JACOBS SOLUTIONS INC 1,882 2,272
ARTHUR J GALLAGHER & CO 4,217 4,258
ASML HOLDING NV - NY REG SHARE 3,712 2,772
ATLASSIAN CORP CL A 3,830 4,381
AUTOZONE INC 6,091 6,404
BROADCOM INC 15,457 24,575
BUILDERS FIRSTSOURCE INC 2,611 1,858
CANADIAN PACIFIC KANSAS CITY 3,776 4,053
CHARLES RIVER LABORATORIES INT 2,935 2,769
DATADOG INC CL A 3,827 4,858
DIAMONDBACK ENERGY INC 6,852 5,898
FISERV INC 5,888 5,546
GE AEROSPACE 6,024 5,838
GE VERNOVA INC 2,921 3,618
GLOBANT SA 8,910 8,791
GSK PLC SPONS ADR 4,149 3,450
HESS CORPORATION 10,638 10,375
ISHARES MSCI EMERGING MKTS EX- 159,138 152,543
JP MORGAN CHASE & CO 1.4700% 0 89,904 94,605
MONSTER BEVERAGE CORP 4,559 4,468
ORACLE CORPORATION 4,290 3,999
PACCAR INC 5,824 6,137
PALO ALTO NETWORKS INC 4,556 4,367
REGENERON PHARMACEUTICALS INC 4,048 8,994
RTX CORP 3,875 3,819
SPDR S&P REGIONAL BANKING ETF 3,860 3,983
SYNOPSYS INC 4,013 3,883

TY 2024 OtherAssetsSchedule
Name:
BARBARA ANN BALDRIDGE FOUNDATION WE453
EIN:
86-2379956
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
U S TREASURY NOTES 1 95,496 95,496 96,516
U S TREASURY NOTES 2 99,918 0 0
U S TREASURY NOTES 2 99,699 197,902 193,336
U S TREASURY NOTES 2 100,012 100,004 99,450
U S TREASURY NOTES 2 99,414 99,414 95,508
CROCKETT CO., TX; UNK. AC. 1 1 147,284
PECOS/TERRELL, TX; 8102.4. AC. 1 1 137
5,843 ACRES, CROCKETT, CO., TX 2,835,000 2,835,000 4,674,400
U S TREASURY NOTES 3.7500% 08/   100,344 99,203


TY 2024 OtherExpensesSchedule
Name:
BARBARA ANN BALDRIDGE FOUNDATION WE453
EIN:
86-2379956
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REAL ESTATE EXPENSE 1,024 1,024   0
OIL & GAS PROCESSING EXPENSE 690 690   0
MINERAL FEES 2,001 2,001   0
REAL ESTATE FEES 50,070 50,070   0


TY 2024 OtherIncomeSchedule2
Name:
BARBARA ANN BALDRIDGE FOUNDATION WE453
EIN:
86-2379956
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTY INCOME 32,677 32,677  


TY 2024 TaxesSchedule
Name:
BARBARA ANN BALDRIDGE FOUNDATION WE453
EIN:
86-2379956
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2023 FEDERAL TAX PAYMENT 1,474 0   0
2024 FEDERAL ESTIMATES 2,492 0   0
REAL ESTATE TAXES 886 886   0
OIL & GAS PRODUCTION TAX 1,429 1,429   0
OIL & GAS AD VALOREM TAX 966 966   0
OIL & GAS TAX RENDITION 28 28   0