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
FRANCES N ALDEN CHARITABLE TR
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 32760
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOUISVILLE, KY402322760
A Employer identification number

86-6493305
B Telephone number (see instructions)

(502) 588-8497
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$55,743,048J 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) 46,041
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,189,964 1,189,964  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,077,522
b Gross sales price for all assets on line 6a 11,905,268
7 Capital gain net income (from Part IV, line 2)... 1,077,522
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
183,230    
12 Total. Add lines 1 through 11........ 2,496,757 2,267,486  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 141,693 106,270   35,423
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
1,000 750 0 250
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
23,782 23,782   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 166,475 130,802 0 35,673
25 Contributions, gifts, grants paid....... 4,914,000 4,914,000
26 Total expenses and disbursements. Add lines 24 and 25 5,080,475 130,802 0 4,949,673
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,583,718
b Net investment income (if negative, enter -0-) 2,136,684
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.............      
2 Savings and temporary cash investments......... 826,685 2,028,699 2,028,699
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)....... 27,006,870 22,738,522 34,207,095
c Investments—corporate bonds (attach schedule)....... 19,154,900 20,065,392 19,500,209
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) 3,583 7,045 7,045
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 46,992,038 44,839,658 55,743,048
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........ 46,992,038 44,839,658
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)..... 46,992,038 44,839,658
30 Total liabilities and net assets/fund balances (see instructions). 46,992,038 44,839,658
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
46,992,038
2
Enter amount from Part I, line 27a .....................
2
-2,583,718
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
431,338
4
Add lines 1, 2, and 3 ..........................
4
44,839,658
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
44,839,658
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 3762.559 OAKMARK INTERNATIONAL FUND INS #2886   2023-12-29 2024-02-09
b 137229.898 OAKMARK INTERNATIONAL FUND INS #2886   2022-02-23 2024-02-09
c 500000. PEPSICO INC SR NT 3.60% DTD 02/28/2014 DUE 03/01/2024   2022-03-03 2024-03-01
d 190. ALPHABET INC CAP STK CL C   2022-02-22 2024-03-12
e 150. APPLE INC COM   2020-03-14 2024-03-12
190. BANK OF AMERICA CORP COM   2022-02-22 2024-03-12
80. BERKSHIRE HATHAWAY INC DEL CL B NEW   2022-02-22 2024-03-12
100. CARMAX INC COM   2022-02-22 2024-03-12
130. CISCO SYS INC COM   2022-02-22 2024-03-12
150. DISNEY WALT CO COM   2023-02-22 2024-03-12
85. EXPEDITORS INTL WASH INC COM   2022-02-22 2024-03-12
35. META PLATFORMS INC.   2022-02-22 2024-03-12
260. FASTENAL CO COM   2020-03-14 2024-03-12
160. GE AEROSPACE   2023-02-22 2024-03-12
80. HOME DEPOT INC COM   2020-03-14 2024-03-12
170. JPMORGAN CHASE & CO COM   2020-03-14 2024-03-12
125. JOHNSON & JOHNSON COM   2020-03-14 2024-03-12
90. MICROSOFT CORP COM   2020-03-14 2024-03-12
20. O REILLY AUTOMOTIVE INC NEW COM   2022-02-22 2024-03-12
135. OMNICOM GROUP INC COM   2022-02-22 2024-03-12
40. PARKER HANNIFIN CORP COM   2022-10-27 2024-03-12
220. PFIZER INC COM   2022-02-22 2024-03-12
205. PROGRESSIVE CORP OH COM   2022-02-22 2024-03-12
340. SCHWAB CHARLES CORP NEW COM   2022-02-22 2024-03-12
135. TJX COS INC NEW COM   2020-03-14 2024-03-12
185. US BANCORP DEL COM NEW   2020-03-14 2024-03-12
50. UNION PAC CORP COM   2022-02-22 2024-03-12
150. WELLS FARGO & CO NEW COM   2022-02-22 2024-03-12
115. TE CONNECTIVITY LTD REG SHS   2022-02-22 2024-03-12
500000. BLACKROCK INC SR NT 3.50% DTD 03/18/2014 DUE 03/18/2024   2022-02-24 2024-03-18
315. ALPHABET INC CAP STK CL C   2022-02-22 2024-03-27
255. APPLE INC COM   2020-03-14 2024-03-27
320. BANK OF AMERICA CORP COM   2022-02-22 2024-03-27
135. BERKSHIRE HATHAWAY INC DEL CL B NEW   2022-02-22 2024-03-27
165. CARMAX INC COM   2022-02-22 2024-03-27
215. CISCO SYS INC COM   2022-02-22 2024-03-27
245. DISNEY WALT CO COM   2023-02-22 2024-03-27
145. EXPEDITORS INTL WASH INC COM   2022-02-22 2024-03-27
60. META PLATFORMS INC.   2022-02-22 2024-03-27
430. FASTENAL CO COM   2020-03-14 2024-03-27
270. GE AEROSPACE   2023-02-22 2024-03-27
135. HOME DEPOT INC COM   2020-03-14 2024-03-27
280. JPMORGAN CHASE & CO COM   2020-03-14 2024-03-27
205. JOHNSON & JOHNSON COM   2020-03-14 2024-03-27
145. MICROSOFT CORP COM   2020-03-14 2024-03-27
30. O REILLY AUTOMOTIVE INC NEW COM   2022-02-22 2024-03-27
225. OMNICOM GROUP INC COM   2022-02-22 2024-03-27
65. PARKER HANNIFIN CORP COM   2022-10-27 2024-03-27
370. PFIZER INC COM   2022-02-22 2024-03-27
345. PROGRESSIVE CORP OH COM   2022-02-22 2024-03-27
565. SCHWAB CHARLES CORP NEW COM   2022-02-22 2024-03-27
230. TJX COS INC NEW COM   2020-03-14 2024-03-27
305. US BANCORP DEL COM NEW   2020-03-14 2024-03-27
85. UNION PAC CORP COM   2022-02-22 2024-03-27
250. WELLS FARGO & CO NEW COM   2022-02-22 2024-03-27
190. TE CONNECTIVITY LTD REG SHS   2022-02-22 2024-03-27
445. PFIZER INC COM   2023-06-09 2024-04-10
11200. PFIZER INC COM   2022-02-22 2024-04-10
1312. PROGRESSIVE CORP OH COM   2022-02-22 2024-04-26
500000. PFIZER INC NT 3.40% DTD 05/15/2014 DUE 05/15/2024   2022-02-23 2024-05-15
.25 GE VERNOVA INC COM   2023-02-22 2024-05-23
50000. KENTUCKY ASSET LIABILITY COM PROJ NTS 2015 A 3.00% DTD 10/15/20   2020-03-14 2024-09-01
34270.048 JOHNSON INSTITUTIONAL INTERMEDIATE BOND FUND   2023-12-29 2024-10-01
15356.86 JOHNSON INSTITUTIONAL INTERMEDIATE BOND FUND   2021-09-21 2024-10-01
3871.681 GQG PARTNERS EMERGING MARKETS EQUITY FUND - INST #1331   2023-08-24 2024-10-08
820. ALPHABET INC CAP STK CL C   2022-02-22 2024-10-08
640. APPLE INC COM   2023-06-09 2024-10-08
780. BANK OF AMERICA CORP COM   2022-02-22 2024-10-08
335. BERKSHIRE HATHAWAY INC DEL CL B NEW   2023-06-09 2024-10-08
685. CARMAX INC COM   2022-02-22 2024-10-08
530. CISCO SYS INC COM   2022-02-22 2024-10-08
590. DISNEY WALT CO COM   2023-02-22 2024-10-08
355. EXPEDITORS INTL WASH INC COM   2023-06-09 2024-10-08
145. META PLATFORMS INC.   2023-06-09 2024-10-08
1030. FASTENAL CO COM   2023-06-09 2024-10-08
345. GE VERNOVA INC COM   2023-06-09 2024-10-08
630. GE AEROSPACE   2023-06-09 2024-10-08
1527.256 HARBOR SMALL CAP VALUE FD INST #2022   2022-02-23 2024-10-08
325. HOME DEPOT INC COM   2023-06-09 2024-10-08
435. ISHARES CORE S&P SMALL-CAP ETF   2022-02-22 2024-10-08
700. JPMORGAN CHASE & CO COM   2023-06-09 2024-10-08
510. JOHNSON & JOHNSON COM   2023-06-09 2024-10-08
8194.482 MFS INTERNATIONAL EQUITY FUND CL R6 #403   2024-07-03 2024-10-08
370. MICROSOFT CORP COM   2023-06-09 2024-10-08
80. O REILLY AUTOMOTIVE INC NEW COM   2023-06-09 2024-10-08
540. OMNICOM GROUP INC COM   2023-06-09 2024-10-08
160. PARKER HANNIFIN CORP COM   2023-06-09 2024-10-08
750. PROGRESSIVE CORP OH COM   2023-06-09 2024-10-08
1410. SCHWAB CHARLES CORP NEW COM   2022-02-22 2024-10-08
570. TJX COS INC NEW COM   2023-06-09 2024-10-08
765. US BANCORP DEL COM NEW   2020-03-14 2024-10-08
210. UNION PAC CORP COM   2022-02-22 2024-10-08
4830. VANGUARD FTSE DEVELOPED MARKETS ETF   2022-02-22 2024-10-08
3435. VANGUARD FTSE EMERGING MARKETS ETF   2022-02-22 2024-10-08
620. WELLS FARGO & CO NEW COM   2022-02-22 2024-10-08
490. TE CONNECTIVITY PLC ORD SHS   2022-02-22 2024-10-08
6200. CISCO SYS INC COM   2023-06-09 2024-11-22
160. ALPHABET INC CAP STK CL C   2022-02-22 2024-12-16
125. APPLE INC COM   2020-03-14 2024-12-16
160. BANK OF AMERICA CORP COM   2022-02-22 2024-12-16
70. BERKSHIRE HATHAWAY INC DEL CL B NEW   2022-02-22 2024-12-16
145. CARMAX INC COM   2022-02-22 2024-12-16
125. DISNEY WALT CO COM   2023-02-22 2024-12-16
70. EXPEDITORS INTL WASH INC COM   2022-02-22 2024-12-16
40. META PLATFORMS INC.   2022-02-22 2024-12-16
215. FASTENAL CO COM   2020-03-14 2024-12-16
70. GE VERNOVA INC COM   2022-02-22 2024-12-16
135. GE AEROSPACE   2023-02-22 2024-12-16
65. HOME DEPOT INC COM   2020-03-14 2024-12-16
140. JPMORGAN CHASE & CO COM   2020-03-14 2024-12-16
105. JOHNSON & JOHNSON COM   2020-03-14 2024-12-16
75. MICROSOFT CORP COM   2020-03-14 2024-12-16
15. O REILLY AUTOMOTIVE INC NEW COM   2022-02-22 2024-12-16
115. OMNICOM GROUP INC COM   2022-02-22 2024-12-16
32. PARKER HANNIFIN CORP COM   2022-10-27 2024-12-16
150. PROGRESSIVE CORP OH COM   2022-02-22 2024-12-16
280. SCHWAB CHARLES CORP NEW COM   2022-02-22 2024-12-16
115. TJX COS INC NEW COM   2020-03-14 2024-12-16
155. US BANCORP DEL COM NEW   2020-03-14 2024-12-16
40. UNION PAC CORP COM   2022-02-22 2024-12-16
125. WELLS FARGO & CO NEW COM   2022-02-22 2024-12-16
95. TE CONNECTIVITY PLC ORD SHS   2022-02-22 2024-12-16
(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 96,811   100,000 -3,189
b 3,530,925   3,754,340 -223,415
c 500,000   500,000  
d 26,497   24,927 1,570
e 25,913   9,666 16,247
6,863   8,668 -1,805
32,413   25,087 7,326
8,220   10,318 -2,098
6,539   7,336 -797
16,875   15,210 1,665
10,398   8,609 1,789
17,472   7,153 10,319
19,529   8,406 11,123
26,567   13,370 13,197
30,029   14,899 15,130
32,191   15,917 16,274
20,211   16,117 4,094
37,198   13,142 24,056
21,898   13,344 8,554
12,837   11,405 1,432
21,479   11,352 10,127
6,138   10,544 -4,406
40,483   21,905 18,578
22,627   29,124 -6,497
13,084   6,273 6,811
8,050   6,269 1,781
12,561   12,557 4
8,710   8,313 397
16,269   16,280 -11
500,000   500,000  
47,429   41,326 6,103
43,906   16,433 27,473
12,010   14,598 -2,588
55,921   42,335 13,586
14,192   17,024 -2,832
10,671   12,132 -1,461
29,512   24,843 4,669
17,460   14,686 2,774
29,431   12,262 17,169
33,062   13,902 19,160
48,417   22,563 25,854
51,838   25,141 26,697
55,306   26,216 29,090
32,029   26,432 5,597
60,848   21,173 39,675
33,900   20,016 13,884
21,173   19,009 2,164
35,859   18,446 17,413
10,279   17,733 -7,454
70,746   36,865 33,881
40,529   48,398 -7,869
23,188   10,687 12,501
13,231   10,336 2,895
20,608   21,347 -739
14,233   13,855 378
27,440   26,898 542
11,688   17,466 -5,778
294,170   534,908 -240,738
273,510   140,193 133,317
500,000   500,000  
42   17 25
50,000   50,000  
511,652   500,000 11,652
229,278   250,280 -21,002
70,000   56,604 13,396
135,149   107,579 27,570
143,723   78,030 65,693
31,238   35,583 -4,345
152,172   108,976 43,196
49,942   70,676 -20,734
27,861   29,908 -2,047
54,964   59,827 -4,863
43,508   38,587 4,921
85,237   33,867 51,370
72,283   45,018 27,265
91,344   24,713 66,631
118,528   47,197 71,331
65,000   61,121 3,879
134,660   79,127 55,533
49,954   46,078 3,876
147,416   82,327 65,089
81,236   73,825 7,411
300,000   283,749 16,251
152,959   87,556 65,403
93,077   63,159 29,918
54,738   48,221 6,517
100,697   54,611 46,086
187,045   90,554 96,491
91,470   120,780 -29,310
64,357   35,465 28,892
33,935   25,924 8,011
50,076   52,741 -2,665
249,958   234,727 15,231
164,747   168,585 -3,838
35,650   34,360 1,290
71,482   69,369 2,113
362,823   347,696 15,127
31,935   20,991 10,944
31,369   8,055 23,314
7,261   7,299 -38
32,089   21,952 10,137
12,336   14,961 -2,625
14,039   12,008 2,031
8,293   7,090 1,203
24,909   8,175 16,734
16,817   6,951 9,866
23,658   4,215 19,443
22,505   8,944 13,561
26,940   12,105 14,835
33,542   13,108 20,434
15,260   13,538 1,722
33,614   10,951 22,663
19,121   10,008 9,113
10,490   9,716 774
21,523   9,081 12,442
37,639   16,028 21,611
21,907   23,985 -2,078
14,306   5,343 8,963
7,921   5,253 2,668
9,280   10,046 -766
8,824   6,927 1,897
14,308   13,449 859
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       -3,189
b       -223,415
c        
d       1,570
e       16,247
      -1,805
      7,326
      -2,098
      -797
      1,665
      1,789
      10,319
      11,123
      13,197
      15,130
      16,274
      4,094
      24,056
      8,554
      1,432
      10,127
      -4,406
      18,578
      -6,497
      6,811
      1,781
      4
      397
      -11
       
      6,103
      27,473
      -2,588
      13,586
      -2,832
      -1,461
      4,669
      2,774
      17,169
      19,160
      25,854
      26,697
      29,090
      5,597
      39,675
      13,884
      2,164
      17,413
      -7,454
      33,881
      -7,869
      12,501
      2,895
      -739
      378
      542
      -5,778
      -240,738
      133,317
       
      25
       
      11,652
      -21,002
      13,396
      27,570
      65,693
      -4,345
      43,196
      -20,734
      -2,047
      -4,863
      4,921
      51,370
      27,265
      66,631
      71,331
      3,879
      55,533
      3,876
      65,089
      7,411
      16,251
      65,403
      29,918
      6,517
      46,086
      96,491
      -29,310
      28,892
      8,011
      -2,665
      15,231
      -3,838
      1,290
      2,113
      15,127
      10,944
      23,314
      -38
      10,137
      -2,625
      2,031
      1,203
      16,734
      9,866
      19,443
      13,561
      14,835
      20,434
      1,722
      22,663
      9,113
      774
      12,442
      21,611
      -2,078
      8,963
      2,668
      -766
      1,897
      859
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 1,077,522
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 29,700
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 29,700
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 29,700
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 21,164
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 21,164
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 8,536
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 arrow
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
Yes
 
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 arrowBAIRD TRUST COMPANY Telephone no.right arrow (502) 588-8497

Located atright arrowPO BOX 32760LOUISVILLEKY ZIP+4right arrow40232
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
BAIRD TRUST COMPANY TRUSTEE
1 		141,693    
PO BOX 32760
LOUSIVILLE,KY402322760
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
54,722,869
b
Average of monthly cash balances.......................
1b
2,676,164
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
57,399,033
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
57,399,033
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
860,985
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
56,538,048
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,826,902
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
2,826,902
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
29,700
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
29,700
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,797,202
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,797,202
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
2,797,202
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
4,949,673
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
4,949,673
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 2,797,202
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 1,179,120
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...... 0
d From 2022...... 0
e From 2023...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 4,949,673
a Applied to 2023, but not more than line 2a 1,179,120
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..... 2,797,202
e Remaining amount distributed out of corpus 973,351
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 5 973,351
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 ...... 		973,351
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.... 973,351
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).)
NA
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.
NA
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

HORSESENING

270 BAGDAD ROAD
Shelbyville,KY40065 		NONE PC CHARITABLE 25,000

COMMUNITY FOUNDATION OF LOUISVILLE

325 W MAIN ST 1110
Louisville,KY40202 		NONE PC EMPOWER AND MAKING 400,000

DOGS HELPING HEROES INC

PO BOX 2126
Clarksville,IN47131 		NONE PC CHARITABLE 25,000

HILDEGARD HOUSE

PO BOX 9613
LOUISVILLE,KY40255 		NONE PC CHARITABLE 150,000

Childrens Hospital Foundation

1006 EAST MARSHALL STREET
Richmond,VA232980693 		NONE PC CHARITABLE 100,000

SPEED ART MUSEUM

2035 S 3RD ST
Louisville,KY40208 		NONE PC CHARITABLE 300,000

HOME OF THE INNOCENTS

1100 E MARKET ST
Louisville,KY40206 		NONE PC EMPOWER AND ENRICH LIVES OF 1,500,000

LOUISVILLE COLLEGIATE SCHOOL

2427 GLENMARY AVE
Louisville,KY40204 		NONE PC SCHOLARSHIP 210,000

CABBAGE PATCH SETTLEMENT HOUSE

1413 S 6TH ST
Louisville,KY40208 		NONE PC EQUIP AND EMPOWER AT-RISK 204,000

Fund for the Arts Inc

623 W MAIN ST
Louisville,KY40202 		NONE PC CHARITABLE 250,000

Kids Center for Pediatric Therapies

982 EASTERN PARKWAY DOOR 4
Louisville,KY40217 		NONE PC CHARITABLE 150,000

Hosparus inc

6200 DUTCHMANS LN
Louisville,KY40205 		NONE PC GRIEF- COUNSELING SERVICES 500,000

LOUISVILLE FREE PUBLIC LIBRARY FDN

301 YORK STREET
LOUISVILLE,KY40203 		NONE PC ENHANCE LIBRARY'S PROGRAMS 500,000

OLMSTED PARKS CONSERVANCY

1299 TREVILIAN WAY
Louisville,KY40213 		NONE PC RESTORING AND PROTECTING 100,000

WATERFRONT BOTANICAL GARDENS

1800 MARINAS EDGE WAY SUITE 101
Louisville,KY40206 		NONE PC TO PRESERVE HEALTHY NATURE 100,000

HISTORIC LOCUST GROVE INC

561 BLANKENBAKER LN
Louisville,KY40207 		NONE PC PRESERVING A NATIONAL 400,000
Total .................................right arrow 3a 4,914,000
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 1,189,964  
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 1,077,522  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFEDERAL TAX REFUND 		    1 183,230  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   2,450,716  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,450,716
(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
FRANCES N ALDEN CHARITABLE TR
 
Employer identification number

86-6493305
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
FRANCES N ALDEN CHARITABLE TR
  		Employer identification number
86-6493305
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
FRANCES N ALDEN IRR TUA
C/O BAIRD TRUST COMPANY
 
LOUISVILLE, KY402322760

$ 46,041


(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
FRANCES N ALDEN CHARITABLE TR
  		Employer identification number

86-6493305
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
 
$    
(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
 
$    
(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
FRANCES N ALDEN CHARITABLE TR
  		Employer identification number

86-6493305
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:
FRANCES N ALDEN CHARITABLE TR
EIN:
86-6493305
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,000 750   250

TY 2024 OtherIncomeSchedule2
Name:
FRANCES N ALDEN CHARITABLE TR
EIN:
86-6493305
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER REVENUE 183,230 0  


TY 2024 OtherIncreasesSchedule
Name:
FRANCES N ALDEN CHARITABLE TR
EIN:
86-6493305
Description Amount
SALES WITH SETTLEMENT DATE IN 2024 426,705
ACCRUED INTEREST - TAX EFFECTIVE 2025 3,345
WASH SALE ADJUSTMENT 1,288


TY 2024 TaxesSchedule
Name:
FRANCES N ALDEN CHARITABLE TR
EIN:
86-6493305
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 903 903   0
FOREIGN TAXES ON QUALIFIED FOR 17,096 17,096   0
FOREIGN TAXES ON NONQUALIFIED 5,783 5,783   0