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
THE BEN MAY CHARITABLE TRUST
HANCOCK WHITNEY BANK SUCCESSOR TRUSTEE
Number and street (or P.O. box number if mail is not delivered to street address)25 W I-65 SERVICE RD N
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MOBILE, AL36608
A Employer identification number

23-7145009
B Telephone number (see instructions)

(228) 822-4365
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$31,688,196J 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 23,159 23,159  
4 Dividends and interest from securities... 427,517 424,237  
5a Gross rents............ 45,109 45,109  
b Net rental income or (loss) 45,109
6a Net gain or (loss) from sale of assets not on line 10 653,219
b Gross sales price for all assets on line 6a 8,106,420
7 Capital gain net income (from Part IV, line 2)... 653,219
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,149,004 1,145,724  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 132,001 33,201   98,800
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
66,900 27,200   39,700
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
41,754 31,430   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 18,659 0   18,659
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
154,725 135,873   18,852
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 414,039 227,704   176,011
25 Contributions, gifts, grants paid....... 1,332,233 1,332,233
26 Total expenses and disbursements. Add lines 24 and 25 1,746,272 227,704   1,508,244
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -597,268
b Net investment income (if negative, enter -0-) 918,020
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 910,522 456,147 456,147
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 3,223,058 Click to see attachment
List of Attached Documents:
// Content
3,139,809 		3,139,809
b Investments—corporate stock (attach schedule)....... 10,029,113 Click to see attachment
List of Attached Documents:
// Content
11,328,258 		11,328,258
c Investments—corporate bonds (attach schedule)....... 2,112,794 Click to see attachment
List of Attached Documents:
// Content
1,871,610 		1,871,610
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).......... 14,892,372 Click to see attachment
List of Attached Documents:
// Content
14,892,372 		14,892,372
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 31,167,859 31,688,196 31,688,196
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 31,167,859 31,688,196
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 31,167,859 31,688,196
30 Total liabilities and net assets/fund balances (see instructions). 31,167,859 31,688,196
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
31,167,859
2
Enter amount from Part I, line 27a .....................
2
-597,268
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,117,605
4
Add lines 1, 2, and 3 ..........................
4
31,688,196
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
31,688,196
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 TIMBER SALES P    
b PUBLICLY TRADED SECURITIES P    
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 389,291   18,388 370,903
b 7,706,611   7,434,813 271,798
c 10,518     10,518
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       370,903
b       271,798
c       10,518
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 653,219
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 12,760
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 12,760
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 12,760
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 8,850
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 7,500
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 16,350
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 4
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 3,586
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow3,586 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowAL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowHANCOCK WHITNEY BANK SUCCESSOR TRU Telephone no.right arrow (228) 822-4365

Located atright arrow25 W I-65 SERVICE RD NMOBILEAL ZIP+4right arrow36608
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
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
LYNETTE P KOPPEL DIST. COMMITTEE MEMBER
2.30 		0 0 0
245 E 93RD ST
NEW YORK,NY10128
JOHN D PEEBLES DIST. COMMITTEE MEMBER
2.00 		25,000 0 0
118 N ROYAL ST
MOBILE,AL36602
STEVEN KOPPEL DIST. COMMITTEE MEMBER
2.00 		0 0 0
245 E 93RD ST
NEW YORK,NY10128
VIVIAN G JOHNSTON III DIST. COMMITTEE CHAIRMAN
1.00 		25,000 0 0
813 DOWNTOWNER BLVD
MOBILE,AL36609
WILLIAM B PEEBLES DIST. COMMITTEE MEMBER
1.70 		8,333 0 0
118 N ROYAL ST
MOBILE,AL36602
VIVIAN G JOHNSTON V DIST. COMMITTEE MEMBER
2.70 		8,333 0 0
PO BOX 41105
MOBILE,AL36640
KEN NIEMEYER SECRETARY
2.40 		10,000 0 0
7 FELS AVE
FAIRHOPE,AL36532
HANCOCK WHITNEY BANK TRUSTEE
5.00 		55,335 0 0
25 W I-65 SERVICE RD N
MOBILE,AL36608
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 arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
16,443,234
b
Average of monthly cash balances.......................
1b
458,550
c
Fair market value of all other assets (see instructions)................
1c
14,892,375
d
Total (add lines 1a, b, and c).........................
1d
31,794,159
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
31,794,159
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
476,912
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
31,317,247
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,565,862
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
1,565,862
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
12,760
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
12,760
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,553,102
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,553,102
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
1,553,102
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
1,508,244
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,508,244
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 1,553,102
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 1,492,050
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,508,244
a Applied to 2023, but not more than line 2a 1,492,050
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..... 16,194
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		1,536,908
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
THE BEN MAY CHARITABLE TRUST
HANCOCK WHITNEY BANK 25 W I-65
SERVICE RD N
MOBILE,AL36608
(228) 822-4365
bThe form in which applications should be submitted and information and materials they should include:
LETTER APPLICATION ALONG WITH COPY OF THE IRS TAX EXEMPTION LETTER
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
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

AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE

633 THIRD AVE
NEW YORK,NY10017 		  PUBLIC BEN MAY CENTER FOR CHEMICAL THEORY AND COMPUTATION 250,000

AMERICAN FRIENDS OF THE PERES INSTITUTE FOR PEACE

4601 PONCE DE LEON BLVD STE 300
CORAL GABLES,FL33146 		  PUBLIC GENERAL PURPOSES 50,000

AZALEA CENTER FOR THE ARTS

63 MIDTOWN PARK E
MOBILE,AL36606 		  PUBLIC GENERAL PURPOSES 17,500

BIG BROTHERS BIG SISTERS OF ALABAMA

3 S ROYAL ST STE 300
MOBILE,AL36602 		  PUBLIC GENERAL PURPOSES 15,000

BOY SCOUTS OF AMERICA

2587 GOVERNMENT BLVD
MOBILE,AL36606 		  PUBLIC MOBILE AREA COUNCIL 5,000

BOYS & GIRLS CLUB

PO BOX 6724
MOBILE,AL36660 		  PUBLIC GENERAL PURPOSES 10,000

CAHABA FOUNDATION

707 SELMA AVE
SELMA,AL36701 		  PUBLIC ELECTRICAL RENOVATIONS ST. LUKE'S CHURCH, ORRVILLE, AL 20,000

CENTRAL PARK CONSERVACY

14 E 60TH ST
NEW YORK,NY10022 		  PUBLIC GENERAL PURPOSES 2,500

CHILD ADVOCACY CENTER

1351 SPRING HILL AVE
MOBILE,AL36604 		  PUBLIC GENERAL PURPOSES 10,000

CHILDREN OF THE WORLD

22787 US 98
FAIRHOPE,AL36532 		  PUBLIC DOMESTIC ADOPTION PROGRAM 25,000

COMPETING AGAINST CANCER

417 S SAGE AVE
MOBILE,AL36606 		  PUBLIC GENERAL PURPOSES 7,500

CONGREGATION B'NAI JESHURUN

270 W 89TH ST
NEW YORK,NY10024 		  PUBLIC GENERAL PURPOSES 25,000

CONGREGATION ORACH CHAIM

1459 LEXINGTON AVE
NEW YORK,NY10128 		  PUBLIC GENERAL PURPOSES 25,000

DAUPHIN ISLAND BIRD SANCTUARIES INC

PO BOX 1295
DAUPHIN ISLAND,AL36528 		  PUBLIC GENERAL PURPOSES 5,000

DOROT

171 W 85TH ST
NEW YORK,NY10024 		  PUBLIC GENERAL PURPOSES 15,000

FUSE PROJECT

200 GOVERNMENT ST 4TH FL
MOBILE,AL36602 		  PUBLIC GENERAL PURPOSES 40,000

GOVERNMENT STREET PRESBYTERIAN CHURCH

300 GOVERNMENT ST
MOBILE,AL36602 		  PUBLIC GUESNARD HOUSE AND MUSIC PROGRAM 15,000

INSTITUTE OF SOUTHERN JEWISH LIFE INC

PO BOX 16528
JACKSON,MS39236 		  PUBLIC GENERAL PURPOSES 10,000

ISRAEL POLICY FORUM

355 LEXINGTON AVE 4TH FLOOR
NEW YORK,NY10017 		  PUBLIC GENERAL PURPOSES 10,000

JEWISH AGENCY FOR ISRAEL

633 3RD AVE 21ST FLOOR
NEW YORK,NY10017 		  PUBLIC GENERAL PURPOSES 8,333

JEWISH THEOLOGICAL SEMINARY

3080 BROADWAY
NEW YORK,NY10027 		  PUBLIC ANNUAL FUND 75,000

LITTLE SISTERS OF THE POOR

1655 MCGILL AVE
MOBILE,AL36604 		  PUBLIC GENERAL PURPOSES 5,000

MAIN STREET MOBILE

PO BOX 112
MOBILE,AL36601 		  PUBLIC PUBLIC ART TRAIL 15,000

MOBILE AREA JEWISH FEDERATION

705 REGENTS WAY
MOBILE,AL36609 		  PUBLIC GENERAL PURPOSES 6,400

MOBILE ARTS COUNCIL

318 DAUPHIN ST
MOBILE,AL36602 		  PUBLIC GENERAL PURPOSES 5,000

MOUNT VERNON LADIES ASSOC OF THE UNION

3200 MOUNT VERNON MEMORIAL HWY
MOUNT VERNON,VA22121 		  PUBLIC GENERAL PURPOSES 25,000

MULHERIN CUSTODIAL HOME

2496 HALLS MILL RD
MOBILE,AL36606 		  PUBLIC BUILDING MAINTENANCE AND SUPPLIES FOR RESIDENTS 10,000

MUSEUM OF THE SOUTHERN JEWISH EXPERIENCE

615 BARONNE ST
NEW ORLEANS,LA70175 		  PUBLIC RESEARCH LIBRARY AND READING ROOM 50,000

NATIONAL ASSOCIATION OF SCHOLARS

13 W 36TH ST
NEW YORK,NY10118 		  PUBLIC GENERAL PURPOSES 10,000

NATURE CONSERVANCY

209 20TH ST N
BIRMINGHAM,AL35203 		  PUBLIC GENERAL PURPOSES 25,000

ORDER OF ST JOHN

1850 M ST NW 1070
WASHINGTON,DC20036 		  PUBLIC RESEARCH GENETIC EYE DISEASE 75,000

PINE GROVE UNITED METHODIST CHURCH

PO BOX 217
LEROY,AL36548 		  PUBLIC BEN MAY FUND 7,500

PRESTWICK PRESERVATION SOCIETY

PO BOX 64
LEROY,AL36548 		  PUBLIC GENERAL PURPOSES 5,000

PRICHARD PREPARATORY SCHOOL

743 MT SINAI AVE
WHISTLER,AL36612 		  PUBLIC ACADEMIC BRIDGE PROGRAM 10,000

RED DOOR COMMUNITY

195 W HOUSTON ST
NEW YORK,NY10014 		  PUBLIC GENERAL PURPOSES 10,000

RONALD MCDONALD HOUSE

1626 SPRINGHILL AVE
MOBILE,AL36604 		  PUBLIC GUEST ROOM SPONSORSHIP 5,000

ST IGNATIUS CATHOLIC SCHOOL

3704 SPRINGHILL AVE
MOBILE,AL36608 		  PUBLIC EARLY LEARNING CENTER CAPITAL CAMPAIGN 50,000

ST STEPHENS NUTRITION CENTER

20788 COUNTY RD 34
ST STEPHENS,AL36569 		  PUBLIC GENERAL PURPOSES 5,000

THE UNIVERSITY OF CHICAGO

130 E RANDOLPH ST STE 2500
CHICAGO,IL60601 		  PUBLIC CANCER RESEARCH FUNDING 250,000

UNITED JEWISH APPEAL

130 E 59TH ST
NEW YORK,NY10022 		  PUBLIC GENERAL PURPOSES 25,000

UNIVERSITY OF ALBAMA SCHOOL OF LAW

143J LAW CTR
TUSCALOOSA,AL35487 		  PUBLIC BEN MAY ENDOWED SCHOLARSHIP FUND 7,500

VICTORY HEALTH PARTNERS

3750 PROFESSIONAL PKWY
MOBILE,AL36609 		  PUBLIC GENERAL PURPOSES 5,000

MCGILL TOOLEN CATHOLIC HIGH SCHOOL

1501 OLD SHELL RD
MOBILE,AL36604 		  PUBLIC ST AUGUSTINE SCHOLARSHIP FUND 25,000

PRESBYTERIAN HOME FOR CHILDREN

PO DRAWER 577
TALLADEGA,AL35161 		  PUBLIC GENERAL PURPOSES 5,000

ALABAMA COASTAL FOUNDATION

250 CONTI ST
MOBILE,AL36602 		  PUBLIC GENERAL PURPOSES 5,000

ALABAMA CONTEMPORARY ART CENTER

301 CONTI ST
MOBILE,AL36602 		  PUBLIC 2024 EDUCATION PROGRAMS 5,000

ALABAMA POLICY INSTITUTE

200 MISSIONARY RIDGE DR
BIRMINGHAM,AL35242 		  PUBLIC GENERAL PURPOSES 10,000

ALABAMA SHAKESPEARE FESTIVAL

1 FESTIVAL DR
MONTGOMERY,AL36117 		  PUBLIC 2025 PRODUCTION OF HAMLET 25,000

BACK COUNTRY HORSEMEN OF AMERICA

101 DARRYL AVE
JACKSON,AL36545 		  PUBLIC GENERAL PURPOSES 10,000
Total .................................right arrow 3a 1,332,233
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 23,159  
4 Dividends and interest from securities ....     14 427,517  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 45,109  
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 653,219  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,149,004 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,149,004
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
THE BEN MAY CHARITABLE TRUST
 
HANCOCK WHITNEY BANK SUCCESSOR TRUSTEE
EIN:
23-7145009
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 66,900 27,200   39,700

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE BEN MAY CHARITABLE TRUST
 
HANCOCK WHITNEY BANK SUCCESSOR TRUSTEE
EIN:
23-7145009
Name of Bond End of Year Book Value End of Year Fair Market Value
57000 AERCAP IRELAND CAP/GLOBA 3% 10/29/2028-2028 52,767 52,767
39000 AMAZON.COM INC 1% 05/12/2026-2026 37,313 37,313
57000 AMERICAN TOWER CORP 3.375% 10/15/2026-2026 55,675 55,675
47000 AMGEN INC 5.25% 03/02/2030-2030 47,447 47,447
53000 ANHEUSER-BUSCH 4.7% 02/01/2036 50,242 50,242
99000 BANK OF AMERICA CORP 3.559% 04/23/2027 97,420 97,420
79000 BANK OF NY MELLON CORP VAR 4.543% 02/01/2029-2028 78,392 78,392
49000 BERKSHIRE HATHAWAY INC 3.125% 03/15/2026 48,248 48,248
45000 CHUBB INA HOLDINGS INC INA HOLDINGS 3.35% 05/03/2026 44,298 44,298
55000 HOME DEPOT INC 3.9% 12/06/2028 53,599 53,599
741 ISHARES IBOXX HIGH YIELD CORP BOND ETF 58,280 58,280
998 ISHARES JPM EMERGING MARKETS BOND ETF 88,862 88,862
3512 ISHARES MBS ETF 321,980 321,980
92000 JPMORGAN CHASE & CO 3.96% 01/29/2027 91,285 91,285
66000 KEYCORP 2.25% 04/06/2027 62,266 62,266
68000 KRAFT HEINZ FOODS CO 3.75% 04/01/2030-2030 64,267 64,267
55000 MCDONALDS CORP 3.6% 07/01/2030-2030 51,604 51,604
42000 NOVARTIS CAPITAL CORP 2% 02/14/2027-2026 39,937 39,937
30000 PEPSICO INC 3% 10/15/2027 28,881 28,881
55000 PNC FINANCIAL SERVICES 2.55% 01/22/2030-2029 48,836 48,836
56000 STRYKER CORP 4.625% 09/11/2034-2034 53,467 53,467
84000 T-MOBILE USA INC 3.375% 04/15/2029-2024 78,402 78,402
41000 UNITEDHEALTH 2.95% 10/15/2027 39,245 39,245
81000 US BANCORP 3.15% 04/27/2027-2027 78,380 78,380
56000 VERIZON COMMUNICATIONS INC 4.329% 09/21/2028 54,948 54,948
8173.705 BLACKROCK HIGH YIELD PORTFOLIO - INST 58,033 58,033
11038.562 EATON VANCE E/M DBT OPP-I 87,536 87,536

TY 2024 InvestmentsCorpStockSchedule
Name:
THE BEN MAY CHARITABLE TRUST
 
HANCOCK WHITNEY BANK SUCCESSOR TRUSTEE
EIN:
23-7145009
Name of Stock End of Year Book Value End of Year Fair Market Value
192 3I GROUP PLC UNSPONSORD ADR 4,339 4,339
13 ABACUS LIFE INC CL A 102 102
192 ABB LTD SPONSORED ADR 10,312 10,312
5 ACADIA HEALTHCARE CO INC 198 198
9 ADAPTHEALTH CORPORATION COM CL A 86 86
4 ADDUS HOMECARE CORP 501 501
60 ADIDAS AG 7,306 7,306
4 AFFILIATED MANAGERS GROUP 740 740
5 AGILYSYS 659 659
19 AGREE REALTY CORP 1,339 1,339
203 AIA GROUP LTD-SP ADR 5,850 5,850
306 AIR LIQUIDE- UNSPONSORED ADR 9,868 9,868
13 ALASKA AIR GROUP 842 842
10 ALLEGION PLC 1,307 1,307
36 ALLEGRO MICROSYSTEMS INC 787 787
239 ALLSTATE CORP 46,077 46,077
847 ALPHABET INC INC CL A 160,337 160,337
773 AMAZON.COM INC 169,588 169,588
30 AMERICAN EAGLE OUTFITERS INC 500 500
4 AMERICAN ELEC PWR INC COM 369 369
143 AMERICAN EXPRESS CO 42,441 42,441
5 AMERICAN STATES WATER 389 389
5 AMERIPRISE FINANCIAL INC 2,662 2,662
15 AMERIS BANCORP 939 939
7 AMETEK INC 1,262 1,262
76 AMGEN INC 19,809 19,809
37 AON PLC 13,289 13,289
990 APPLE INC 247,916 247,916
220 APPLIED MATERIALS INC COM 35,779 35,779
366 ARISTA NETWORKS INC NPV 40,454 40,454
5 ARROW ELECTRONICS 566 566
231 ASICS CORP UNSPONSORD ADR 4,548 4,548
5 ASM INTERNATIONAL COM 2,846 2,846
14 ASML HOLDING NV NY REG SHS 9,703 9,703
93 ASTRAZENECA PLC SPONSORED ADR 6,093 6,093
1 AUTOZONE INC COM 3,202 3,202
21 AVANTOR INC COM 442 442
4 AVERY DENNISON CORP 749 749
3 AXIS CAPITAL HOLDINGS LTD 266 266
3 AXSOME THERAPEUTICS INC 254 254
21 BALL CORP 1,158 1,158
388 BANK OF NEW YORK MELLON CORP 29,810 29,810
504 BANKINTER SA 3,941 3,941
9 BEACON ROOFING SUPPLY, INC 914 914
7 BELLRING BRANDS INC NEW 527 527
494 BERKLEY W R CORP 28,909 28,909
8 BICYCLE THERAPEUTICS LTD 112 112
10 BJS WHOLESALE CLUB HOLDINGS 893 893
5 BMW TECHNOLOGIES INC 557 557
13 BOYD GAMING CORP 943 943
17 BRIDGEBIO PHARMA INC 466 466
865 BRISTOL-MYERS SQUIBB 48,924 48,924
369 BROADCOM INC 85,549 85,549
3 BUILDERS FIRSTSOURCE INC 429 429
242 CABOT CORP 22,097 22,097
14 CAESARS ENTERTAINMENT INC NEW COM 468 468
25 CALERES INC 579 579
222 CAPGEMINI UNSPONSORED ADR 7,206 7,206
24 CARLYLE GROUP INC COM 1,212 1,212
24 CASTLE BIOSCIENCES INC COM 640 640
165 CENCORA INC 37,072 37,072
35 CENTERPOINT ENERGY INC 1,111 1,111
13 CF INDS HLDGS INC COM 1,109 1,109
23 CHAMPIONX CORPORATION COM 625 625
9 CHART INDUSTRIES INC 1,718 1,718
9 CHECK POINT SOFTWARE TECHNOLOGIES 1,680 1,680
109 CHEVRON CORPORATION 15,788 15,788
11 CHORD ENERGY CORPORATION 1,286 1,286
19 CHUBB LTD 5,250 5,250
7 CHURCHILL DOWNS INC 935 935
535 CIE FINANCIERE RICH-UNSP ADR 8,121 8,121
14 CIVITAS RESOURCES INC COM NEW 642 642
20 CLEARWATER ANALYTICS HOLDINGS IN CL A 550 550
20 CNO FINANCIAL GROUP, INC 744 744
35 COCA COLA CONSOLIDATED INC 44,100 44,100
8 COCA-COLA EUROPACIFIC PARTNERS PLC 614 614
7 COGNIZANT TECHNOLOGY SOLUTIONS CORP 538 538
24 COLLEGIUM PHARMACEUTICAL INC 688 688
301 COMMERCIAL METALS CO 14,930 14,930
275 COMPASS GROUP PLC SPON ADR 9,237 9,237
195 CONOCOPHILLIPS 19,338 19,338
417 CONTINENTAL AG-SPONS ADR 2,756 2,756
103 CORPAY INC 34,857 34,857
24 COUSINS PROPERTIES INC 735 735
25 CREDO TECHNOLOGY GROUP 1,680 1,680
31 CRH PLC 2,868 2,868
154 CRODA INTERNATIONAL PLC 3,229 3,229
93 CUMMINS INC 32,420 32,420
6 CURTISS-WRIGHT CORP 2,129 2,129
2 DARDEN RESTAURANTS INC 373 373
17 DARLING INGREDIENTS, INC 573 573
41 DBS GROUP HLDGS LTD 5,250 5,250
95 DECKERS OUTDOOR CORP 19,294 19,294
4 DELL TECHNOLOGIES CL C 461 461
19 DENALI THERAPEUTICS INC 387 387
7 DIAMONDBACK ENERGY INC 1,147 1,147
16 DIGITALOCEAN HOLDINGS INC COM 545 545
34 DIPLOMA PLC ADR 7,257 7,257
86 DISCO CORP UNSPONSORED ADR 2,285 2,285
4 DISCOVER FINL SVCS 693 693
24 DOUBLEVERIFY HOLDINGS INC 461 461
5 DOVER CORP COM 938 938
27 DSV A/S UNSP ADR 2,867 2,867
10 DTE ENERGY CO 1,208 1,208
7 DUPONT DE NEMOURS INC COM 534 534
8 DYCOM INDUSTRIES INC 1,392 1,392
7 EAST WEST BANCORP INC 670 670
4 EASTGROUP PPTY INC COM 642 642
19 EBAY INC 1,177 1,177
31 ELI LILLY & CO & CO COM 23,932 23,932
114 EMCOR GROUP INC COM 51,745 51,745
9 ENERSYS 832 832
6 ENTEGRIS INC 594 594
10 ENTERGY CORP NEW COM 758 758
313 EPIROC AB-UNSP ADR 5,434 5,434
24 EQT CORP 1,107 1,107
4 EQUIFAX INC 1,019 1,019
10 EQUITY LIFESTYLE PROPERTIES INC 666 666
11 EQUITY RESIDENTIAL 789 789
12 ESSENT GROUP LTD 653 653
2 ESSEX PPTY TR 571 571
5 EVERCORE INC 1,386 1,386
13 EXACT SCIENCES CORP 730 730
139 EXPEDIA GROUP INC 25,900 25,900
9 EXPEDITORS INTL WASH INC 997 997
160 EXPERIAN PLC-SPONS ADR 6,837 6,837
5 EXTRA SPACE STORAGE INC 748 748
321 EXXON MOBIL CORP 34,530 34,530
2 FABRINET 440 440
429 FANUC CORPORATION ADR 5,594 5,594
2 FERGUSON ENTERPRISES INC 347 347
9 FIDELITY NATL INFO SERV 727 727
42 FIFTH THIRD BANCORP 1,776 1,776
9 FIRST AMERICAN FIN'L 562 562
17 FIRST INDUSTRIAL REALTY TRUST INC 852 852
18 FIRST MERCHANTS CORP 718 718
24 FIRSTENERGY CORP COM 955 955
36 FLEX LTD 1,382 1,382
63 FNB CORP 931 931
5 FORESTAR GROUP INC. COM 130 130
12 FORTIVE CORP 900 900
18 FREEPORT-MCMORAN 685 685
18 FRONTDOOR INC COM 984 984
2 GARMIN LTD 412 412
18 GEN DIGITAL INC 493 493
7 GENERAC HOLDINGS INC 1,085 1,085
426 GENERAL MOTORS CO MOTORS CO 22,693 22,693
21 GENTEX CORP 603 603
153 GILDAN AVTIVEWEAR INC 7,199 7,199
35 GRAPHIC PACKAGING HOLDING CO. 951 951
2 GULFPORT ENERGY CORP 368 368
13 H&R BLOCK INC 687 687
17 HALLIBURTON CO 462 462
85 HALMA PLC UNSPONSORD ADS 5,823 5,823
273 HALOZYME THERAPEUTICS INC 13,052 13,052
13 HARLEY DAVIDSON INC 392 392
16 HELIX ENERGY SOLUTIONS 149 149
215 HEXAGON AB -UNSP ADR 2,035 2,035
98 HOME DEPOT INC COM 38,121 38,121
19 HOWMET AEROSPACE INC 2,078 2,078
51 HOYA CORP 6,324 6,324
3 HUMANA INC COM 761 761
87 HUNTINGTON BANCSHARES 1,415 1,415
7 HURON CONSULTING GROUP INC COM 870 870
25 ICON PLC PLC 5,243 5,243
79 IMCD NV ADR 5,867 5,867
9 IMMUNOCORE HOLDINGS PLC ADS 266 266
14 IMMUNOVANT INC COM 347 347
422 ING GROEP NV 6,613 6,613
29 INSMED INC 2,002 2,002
9 INTER-CELLULAR THERAPIES INC 752 752
4 INTERDIGITAL, INC 775 775
42 INTUIT INC 26,397 26,397
112 INTUITIVE SURGICAL INC 58,460 58,460
10749 INVESCO OPTIMUM YIELD DRIVERS 139,630 139,630
11 INVITATION HOMES INC COM 352 352
64 IOVANCE BIOTHERAPEUTICS INC 474 474
2520 ISHARES CORE MSCI EMERGING MARKETS 131,594 131,594
5268 ISHARES CORE S&P 500 ETF 3,101,166 3,101,166
712 ISHARES CORE S&P SMALL-CAP ETF 82,037 82,037
5242 ISHARES MSCI EAFE ETF 396,348 396,348
1420 ISHARES MSCI EAFE SMALL CAP INDEX FD 86,265 86,265
2026 ISHARES S&P GLOBAL INFRASTRUCTURE ETF 105,899 105,899
1196 ISHARES S&P MID-CAP 400 GROWTH ETF 108,752 108,752
912 ISHARES S&P MID-CAP 400 VALUE ETF 113,964 113,964
4 ITT INC 572 572
4 JACOBS SOLUTIONS INC 534 534
118 JAMES HARDIE INDUSTRIES PLC 3,636 3,636
18 JAMF HOLDING CORP COM 253 253
1103 JANUS HENDERSON GROUP PLC 46,911 46,911
26 JFROG LTD 765 765
226 JP MORGAN CHASE & CO 54,174 54,174
373 KAO CORP 3,014 3,014
176 KBC GROEP NV-UNSP ADR 6,788 6,788
7 KEYSIGHT TECHNOLOGIES INC 1,124 1,124
4 L3HARRIS TECHNOLOGIES INC 841 841
31 LADDER CAPITAL CORPORATION REIT 347 347
6 LAM RESEARCH COM NEW 433 433
9 LAMAR ADVERTISING 1,096 1,096
11 LAMB WESTON HOLDING INC 735 735
5 LANDSTAR SYSTEMS 859 859
26 LAZARD INC COM 1,338 1,338
151 LEIDOS HOLDINGS INC 21,753 21,753
119 LENNAR 16,228 16,228
41 LIFE TIME GROUP HOLDINGS INC 907 907
64 LIFESTANCE HEALTH GROUP INC COM 472 472
27 LINCOLN NATIONAL CORP 856 856
25 LINDBLAD EXPEDITIONS HLDGS INC 297 297
78 LOCKHEED MARTIN CORP COM 37,903 37,903
183 LONDON STOCK EXCHG-UNSP ADR 6,531 6,531
4 LOUISIANA PACIFIC CORP 414 414
6 LPL FINANCIAL HOLDINGS, INC 1,959 1,959
34 LULUS FASHION LOUNGE HOLDINGS IN 38 38
8 MAPLEBEAR INC. COM 331 331
4 MARATHON PETE CORP 558 558
9 MAREX GROUP PLC 281 281
1 MARKEL GROUP INC 1,726 1,726
15 MASCO CORP 1,089 1,089
22 MASTERBRAND INC COMMON STOCK 321 321
115 MEDPACE HOLDINGS INC 38,206 38,206
165 META PLATFORMS INC 96,609 96,609
11 MICROCHIP TECHNOLOGY 631 631
555 MICROSOFT CORP CORPORATION 233,933 233,933
182 MITSUI FUDOSAN CO LTD. UNSPONSORED ADR 4,361 4,361
2027 MIZUHO FINANCIAL GROUP SPONSORED ADR 9,912 9,912
14 MODINE MANUFACTURING CO 1,623 1,623
3 MOLINA HEALTHCARE 873 873
38 MONOLITHIC POWER SYSTEMS, INC 22,485 22,485
18 MOSAIC CO 442 442
4 MSC INDUSTRIAL DIRECT INC 299 299
50 MTU AERO ENGINES AG UNSPONSORD ADR 8,284 8,284
47 MUELLER WATER PRODUCTS 1,058 1,058
6 MYR GROUP, INC DEL 893 893
11 NATERA INC 1,741 1,741
8 NATIONAL BK HOLDINGS CORP 344 344
469 NATIONAL STORAGE AFFILIATES 17,780 17,780
7 NETAPP INC 813 813
56 NETFLIX INC 49,914 49,914
45 NEWMARK GROUP INC CL A 576 576
425 NIPPON SANSO HOLDINGS CORP. 5,815 5,815
460 NITORI HOLDINGS CO LTD UNSPN ADS 5,446 5,446
162 NOMURA RESEARCH INSTITUTE LTD ADR NEW 4,760 4,760
279 NORDEA BANK ABP SPON ADR 3,038 3,038
7 NORFOLK SOUTHERN CORP 1,643 1,643
136 NOVO NORDISK AS SPONSORD ADR 11,699 11,699
1600 NVIDIA CORP COM 214,864 214,864
14 OGE ENERGY CORP 578 578
16 OLIN CORP 541 541
10 ONEMAIN HOLDINGS INC 521 521
5 PACKAGING CORP OF AMERICA 1,126 1,126
264 PALO ALTO NETWORKS, INC 48,037 48,037
2 PARKER HANNIFIN CORP 1,272 1,272
12 PARSONS CORPORATION 1,107 1,107
52 PATTERSON UTI ENERGY INC 430 430
15 PERFORMANCE FOOD GROUP CO 1,268 1,268
287 PHILIP MORRIS INTL INC 34,540 34,540
5 PHILLIPS 66 66 COM 570 570
8 PINNACLE FINL 915 915
19 POPULAR INC 1,787 1,787
21 PORTLAND GENERAL ELECTRIC CO 916 916
12 PRIMO BRANDS CORP. 369 369
46 PRIVIA HEALTH GROUP INC COM 899 899
176 PROCTER & GAMBLE CO 29,506 29,506
15 PROGRESS SOFTWARE CORP 977 977
669 PUMA SE 3,031 3,031
8 PVH CORP 846 846
27 QUANEX BUILDING PRODUCTS CORP. 654 654
16 RADNET INC 1,117 1,117
4 RALPH LAUREN CORP 924 924
29 RANGE RESOURCES CORP 1,043 1,043
12 RB GLOBAL INC COM NPV 1,083 1,083
310 RECRUIT HOLDINGS CO LTD-ADR 4,331 4,331
7 REGAL REXNORD CORP 1,086 1,086
15 REGENCY CENTERS CORP 1,109 1,109
18 REGENERON PHARMACEUTICAL 12,822 12,822
183 REINSURANCE GROUP OF AMERICA INC 39,094 39,094
2 RELIANCE INC. 539 539
349 RELX PLC SPON ADR 15,852 15,852
30 REMITLY GLOBAL INC. COM 677 677
3 RENAISSANCERE HOLDINGS LTD COM 746 746
425 RENESAS ELECTRONICS CORP UNSPONSORD ADR 2,688 2,688
24 RESIDEO TECHNOLOGIES INC 553 553
38 REXFORD INDUSTRIAL REALTY IN REIT 1,469 1,469
14 ROBERT HALF INC 986 986
45 ROCKET COMPANIES INC COM CL A 507 507
6 ROSS STORES INC COM 908 908
144 RYANAIR HLDGS PLC SP ADR 6,277 6,277
286 SAMPO OYJ A SHS-UNSP ADR 5,789 5,789
26 SAP SE SPONSORED ADR 6,401 6,401
7 SCIENCE APPLICATIONS INTERNATIONAL CORP 782 782
157 SEAGATE TECHNOLOGY HOLDINGS PLC 13,551 13,551
15 SENSATA TECHNOLOGIES HOLDING 411 411
4 SERVICETITAN INC. COM 411 411
281 SHIN-ETSU CHEM-UNSPON ADR 4,642 4,642
82 SIEMENS A G SPONSORED ADR 7,928 7,928
9 SIMON PROPERTY GROUP INC 1,550 1,550
4 SITIME CORPORATION COM 858 858
25 SLM CORP 690 690
6 SOLVENTUM CORP. 396 396
11 SOPHIA GENETICS SA 34 34
14 SOUTHWEST GAS HOLDINGS 990 990
1385 SPDR GOLD TR GOLD SHS 335,350 335,350
15 SPRINGWORKS THERAPEUTICS INC COM 542 542
19 SPROUT SOCIAL INC CLASS A 583 583
322 SPROUTS FARMERS MARKET INC 40,917 40,917
6 SPX TECHNOLOGIES, INC. COM 873 873
10 SS&C TECHNOLOGIES HLDG 758 758
5 STERLING INFRASTRUCTURE, INC 842 842
10 STIFEL FINANCIAL CORP. 1,061 1,061
10 STRIDE INC COM 1,039 1,039
12 STRUCTURE THERAPEUTICS INC 325 325
19 SUMMIT MATERIALS INC 961 961
165 SUNCOR ENERGY INC NEW 5,887 5,887
104 SUZUKI MOTOR CORP 4,683 4,683
183 SYMRISE AG UNSPON ADR 4,833 4,833
20 SYNCHRONY 1,300 1,300
6 SYSCO 459 459
146 T-MOBILE US INC 32,227 32,227
162 TARGA RES CORP 28,917 28,917
24 TAYLOR MORRISON HOME CORP A 1,469 1,469
7 TD SYNNEX CORP 821 821
5 TE CONNECTIVITY PLC COM 715 715
90 TECHTRONIC INDUSTRIES SP ADR 5,905 5,905
15 TEEKAY TANKERS LTD CL A 597 597
15 TEMPUR SEALY INTL INC 850 850
199 TENET 25,120 25,120
472 TEREX CORP NEW 21,816 21,816
62 TESLA MOTORS 25,038 25,038
19 TEXTRON INC COM 1,453 1,453
212 THALES SA UNSPONSORD ADR 6,057 6,057
259 TJX COS INC 31,290 31,290
16 TKO GROUP HOLDINGS INC CL A 2,274 2,274
73 TOKYO ELECTRON LTD-UNSP ADR 5,511 5,511
3 TRAVELERS COMPANIES INC COM 723 723
527 UBER TECHNOLOGIES INC 31,789 31,789
2 UFP INDUSTRIES INC COM 225 225
190 UMB FINANCIAL CORP 21,443 21,443
277 UNILEVER PLC ADR 15,706 15,706
462 UNIVERSAL MUSIC GROUP N.V UNSPONSORED ADS 5,895 5,895
8 US FOODS HOLDING CORP 540 540
153 VALERO ENERGY CORP NEW COM 18,756 18,756
31 VARONIS SYSTEMS INC 1,377 1,377
52 VAT GROUP AG UNSPONSORED ADS 1,959 1,959
3 VAXCYTE INC COM 246 246
154 VEEVA SYSTEMS INC - CLASS A 32,379 32,379
114 VERITAS (BUREAU) UNSPONSORED ADR 6,872 6,872
29 VERRA MOBILITY CORP 701 701
9 VERTEX INC CL A 480 480
1812 VIATRIS INC 22,559 22,559
28 VICI PROPERTIES INC COM 818 818
11 VIKING THERAPEUTICS INC COM 443 443
102 VISA INC 32,236 32,236
33 VISHAY INTERTECHNOLOGY 559 559
461 VISTRA CORP COM 63,558 63,558
18 VITAL FARMS INC COM 678 678
5 VOYA 344 344
313 WALMART INC INC 28,280 28,280
2 WATTS WATER TECHNOLOGIES 407 407
8 WEATHERFORD INTERNATIONAL 573 573
12 WEBSTER FINL CORP 663 663
235 WELLS FARGO & CO NEW COM 16,506 16,506
7 WESCO INTERNATIONAL INC 1,267 1,267
9 WINTRUST FIN'L 1,122 1,122
17 WORLD KINECT CORP 468 468
42 WW GRAINGER INC 44,270 44,270
11 WYNDHAM HOTELS & RESORTS INC 1,109 1,109
168 XPO INC 22,033 22,033
4 ZEBRA TECHNOLOGIES CORP 1,545 1,545
27 ZURN ELKAY WATER SOLUTIONS CORP 1,007 1,007
34157.326 AQR DIVERSIFIED ARBITRAGE CLASS I 413,987 413,987
81012.586 BLACKROCK SYST MULTI STR INST 818,227 818,227
12601.288 CAUSEWAY EMERGING MARKETS FUND - INST 137,102 137,102
4416.003 COHEN & STEERS GL INFR-I 101,568 101,568
32683.821 DFA COMMODITY STRATEGY PORTFOLIO 146,424 146,424
86059.982 DFA EMERG MKTS EX CHINA CORE EQUITY 856,297 856,297
21388.307 FEDERATED HERMES MDT MARKET NEUTRAL CL IS 433,541 433,541
3444.423 MFS MID CAP GROWTH FUND - I 106,674 106,674
1316.606 T ROWE PRICE INTERNATIONAL DISCOVERY - I 82,828 82,828

TY 2024 InvestmentsGovtObligationsSch
Name:
THE BEN MAY CHARITABLE TRUST
 
HANCOCK WHITNEY BANK SUCCESSOR TRUSTEE
EIN:
23-7145009
US Government Securities - End of Year Book Value:

3,139,809
US Government Securities - End of Year Fair Market Value:

3,139,809
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
THE BEN MAY CHARITABLE TRUST
 
HANCOCK WHITNEY BANK SUCCESSOR TRUSTEE
EIN:
23-7145009
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
TIMBERLANDS & MINERALS FMV 14,892,372 14,892,372

TY 2024 OtherExpensesSchedule
Name:
THE BEN MAY CHARITABLE TRUST
 
HANCOCK WHITNEY BANK SUCCESSOR TRUSTEE
EIN:
23-7145009
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES 4,090 0   4,090
ROAD & TIMBER MAINTENANCE 131,963 131,963   0
INSURANCE 8,798 3,036   5,762
MISCELLANEOUS 239 239   0
ADR FEES 635 635   0
APPRAISAL 9,000 0   9,000


TY 2024 OtherIncreasesSchedule
Name:
THE BEN MAY CHARITABLE TRUST
 
HANCOCK WHITNEY BANK SUCCESSOR TRUSTEE
EIN:
23-7145009
Description Amount
INCREASE (DECREASE) IN UNREALIZED GAINS 1,116,182
BOOK/TAX DIFFERENCE CAPITAL GAINS 1,423


TY 2024 TaxesSchedule
Name:
THE BEN MAY CHARITABLE TRUST
 
HANCOCK WHITNEY BANK SUCCESSOR TRUSTEE
EIN:
23-7145009
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REAL ESTATE TAXES 24,622 24,622   0
FOREIGN TAX 6,808 6,808   0
2024 EXCISE TAX ESTIMATES 8,850 0   0
2023 EXCISE TAX 1,474 0   0