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 02-01-2024 , and ending 01-31-2025
Name of foundation
SPRING CHR TR
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 505 MAC H0006-092
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAINT LOUIS, MO63166
A Employer identification number

23-6290545
B Telephone number (see instructions)

(800) 352-3705
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$15,014,634J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 345,549 345,549  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 367,548
b Gross sales price for all assets on line 6a 1,600,528
7 Capital gain net income (from Part IV, line 2)... 367,548
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).......      
12 Total. Add lines 1 through 11........ 713,097 713,097  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 154,282 138,854   15,428
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
1,537 0 0 1,537
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
7,015 7,015   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
24,770 8,009   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
308 308    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 187,912 154,186 0 16,965
25 Contributions, gifts, grants paid....... 615,002 615,002
26 Total expenses and disbursements. Add lines 24 and 25 802,914 154,186 0 631,967
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -89,817
b Net investment income (if negative, enter -0-) 558,911
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......... 347,097 193,097 193,097
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)....... 1,865,505 Click to see attachment
List of Attached Documents:
// Content
2,001,606 		3,944,372
c Investments—corporate bonds (attach schedule)....... 2,561,109 Click to see attachment
List of Attached Documents:
// Content
2,568,813 		2,455,831
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).......... 4,574,854 Click to see attachment
List of Attached Documents:
// Content
4,442,947 		8,421,334
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) 9,348,565 9,206,463 15,014,634
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
58,491 		Click to see attachment
List of Attached Documents:
// Content
8,176
23 Total liabilities (add lines 17 through 22)......... 58,491 8,176
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........ 9,290,074 9,198,287
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)..... 9,290,074 9,198,287
30 Total liabilities and net assets/fund balances (see instructions). 9,348,565 9,206,463
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
9,290,074
2
Enter amount from Part I, line 27a .....................
2
-89,817
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,016
4
Add lines 1, 2, and 3 ..........................
4
9,201,273
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,986
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,198,287
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 44.71 GNMA POOL #759193 3.500% 2/15/26   2013-10-30 2024-02-15
b 25000. US TREASURY NOTE 2.750% 2/15/24   2023-10-16 2024-02-15
c 8000. EXPRESS SCRIPTS HOLD 4.500% 2/25/26   2016-04-20 2024-02-16
d 35.53 FHLMC POOL #ZS4531 4.000% 9/01/43   2013-10-29 2024-02-25
e 123.8 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2024-02-25
130.92 FED NATL MTG ASSN 3.500% 4/25/46   2017-04-03 2024-02-25
326.62 FNMA POOL #AV4311 3.000% 11/01/28   2013-10-29 2024-02-25
386.3 FNMA POOL #BJ0664 3.000% 3/01/33   2020-04-22 2024-02-25
370.23 FNMA POOL #BM1228 3.000% 5/01/32   2020-04-15 2024-02-25
30000. US TREASURY NOTE 0.625% 5/15/30   2020-07-20 2024-02-27
9. CALL WRITE IWN @ 161.00 3/15/24   2024-02-13 2024-03-05
48. CALL WRITE EEM @ 41.00 3/15/24   2023-12-13 2024-03-12
47. GNMA POOL #759193 3.500% 2/15/26   2013-10-30 2024-03-15
25000. FED NATL MTG ASSN 0.500% 11/07/25   2020-12-01 2024-03-20
62. ADVANCED MICRO DEVICES INC   2023-12-18 2024-03-25
1. ADVANCED MICRO DEVICES INC   2023-02-09 2024-03-25
49. APPLE INC   2017-11-01 2024-03-25
263. DIAGEO PLC - ADR   2017-09-08 2024-03-25
38.42 FHLMC POOL #ZS4531 4.000% 9/01/43   2013-10-29 2024-03-25
131.41 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2024-03-25
80.74 FED NATL MTG ASSN 3.500% 4/25/46   2017-04-03 2024-03-25
52.66 FNMA POOL #AV4311 3.000% 11/01/28   2013-10-29 2024-03-25
1214.2 FNMA POOL #BJ0664 3.000% 3/01/33   2020-04-22 2024-03-25
420.58 FNMA POOL #BM1228 3.000% 5/01/32   2020-04-15 2024-03-25
18. ELI LILLY & CO COM   2017-11-01 2024-03-25
305. NIKE INC CL B   2017-11-01 2024-03-25
69. EATON CORP PLC   2021-02-10 2024-03-25
9. CALL WRITE IWO @ 295.00 5/17/24   2024-03-04 2024-04-09
9. CALL WRITE IWN @ 162.00 4/19/24   2024-03-14 2024-04-11
44.7 GNMA POOL #759193 3.500% 2/15/26   2013-10-30 2024-04-15
78. CALL WRITE EEM @ 43.00 5/17/24   2024-03-12 2024-04-17
7. CALL WRITE IWO @ 280.00 5/17/24   2023-12-26 2024-04-19
34. CALL WRITE EFA @ 83.00 6/28/24   2024-03-27 2024-04-19
271. ISHARES RUSSELL 2000 VALUE ETF   2018-06-21 2024-04-19
162. ISHARES RUSSELL 2000 GROWTH ETF   2018-06-21 2024-04-19
9. CALL WRITE IWR @ 84.00 5/17/24   2023-12-29 2024-04-23
30.46 FHLMC POOL #ZS4531 4.000% 9/01/43   2013-10-29 2024-04-25
125.68 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2024-04-25
105.46 FED NATL MTG ASSN 3.500% 4/25/46   2017-04-03 2024-04-25
53.55 FNMA POOL #AV4311 3.000% 11/01/28   2013-10-29 2024-04-25
544.23 FNMA POOL #BJ0664 3.000% 3/01/33   2020-04-22 2024-04-25
664.91 FNMA POOL #BM1228 3.000% 5/01/32   2020-04-15 2024-04-25
40000. US TREASURY NOTE 1.625% 5/15/26   2016-05-17 2024-05-14
44.49 GNMA POOL #759193 3.500% 2/15/26   2013-10-30 2024-05-15
25000. US TREASURY NOTE 2.500% 5/15/24   2023-12-29 2024-05-15
31. CALL WRITE IVV @ 530.00 6/21/24   2024-03-12 2024-05-20
34.71 FHLMC POOL #ZS4531 4.000% 9/01/43   2013-10-29 2024-05-25
149.06 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2024-05-25
103.61 FED NATL MTG ASSN 3.500% 4/25/46   2017-04-03 2024-05-25
53.71 FNMA POOL #AV4311 3.000% 11/01/28   2013-10-29 2024-05-25
218.26 FNMA POOL #BJ0664 3.000% 3/01/33   2020-04-22 2024-05-25
519.7 FNMA POOL #BM1228 3.000% 5/01/32   2020-04-15 2024-05-25
1816. ISHARES RUSSELL MID-CAP GROWTH   2010-06-21 2024-05-29
9. CALL WRITE IWN @ 170.00 7/19/24   2024-05-21 2024-05-30
23. BOOKING HOLDINGS INC   2020-03-03 2024-06-11
20. BROADCOM INC   2019-07-03 2024-06-11
356. ELECTRONIC ARTS INC   2018-12-21 2024-06-11
23. LAM RESEARCH CORP COM   2018-07-24 2024-06-11
19. MICROSOFT CORP   2023-12-18 2024-06-11
62. EATON CORP PLC   2021-02-10 2024-06-11
43.09 GNMA POOL #759193 3.500% 2/15/26   2013-10-30 2024-06-15
9. CALL WRITE IWN @ 162.00 7/19/24   2024-06-13 2024-06-24
31.87 FHLMC POOL #ZS4531 4.000% 9/01/43   2013-10-29 2024-06-25
139.74 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2024-06-25
115.1 FED NATL MTG ASSN 3.500% 4/25/46   2017-04-03 2024-06-25
50.5 FNMA POOL #AV4311 3.000% 11/01/28   2013-10-29 2024-06-25
218.62 FNMA POOL #BJ0664 3.000% 3/01/33   2020-04-22 2024-06-25
449.47 FNMA POOL #BM1228 3.000% 5/01/32   2020-04-15 2024-06-25
30000. FISERV INC 2.750% 7/01/24   2020-03-02 2024-07-01
19. CALL WRITE IWR @ 90.00 8/16/24   2024-04-01 2024-07-02
30000. ORACLE CORP 3.400% 7/08/24   2019-01-11 2024-07-08
40.77 GNMA POOL #759193 3.500% 2/15/26   2013-10-30 2024-07-15
27.74 FHLMC POOL #ZS4531 4.000% 9/01/43   2013-10-29 2024-07-25
151.11 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2024-07-25
52.27 FED NATL MTG ASSN 3.500% 4/25/46   2017-04-03 2024-07-25
50.66 FNMA POOL #AV4311 3.000% 11/01/28   2013-10-29 2024-07-25
212.04 FNMA POOL #BJ0664 3.000% 3/01/33   2020-04-22 2024-07-25
678.37 FNMA POOL #BM1228 3.000% 5/01/32   2020-04-15 2024-07-25
4. CALL WRITE EFA @ 84.00 9/20/24   2024-05-17 2024-07-26
48. CALL WRITE EEM @ 45.00 9/20/24   2024-05-14 2024-07-31
30. CALL WRITE EEM @ 44.00 8/16/24   2024-06-03 2024-07-31
7. CALL WRITE IWO @ 290.00 8/16/24   2024-05-14 2024-08-05
32. CALL WRITE EFA @ 84.00 9/20/24   2024-05-17 2024-08-07
69. CALL WRITE IWS @ 130.00 8/16/24   2024-04-01 2024-08-08
49.49 GNMA POOL #759193 3.500% 2/15/26   2013-10-30 2024-08-15
23.12 FHLMC POOL #ZS4531 4.000% 9/01/43   2013-10-29 2024-08-25
163.54 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2024-08-25
154.47 FED NATL MTG ASSN 3.500% 4/25/46   2017-04-03 2024-08-25
50.81 FNMA POOL #AV4311 3.000% 11/01/28   2013-10-29 2024-08-25
219.82 FNMA POOL #BJ0664 3.000% 3/01/33   2020-04-22 2024-08-25
476.92 FNMA POOL #BM1228 3.000% 5/01/32   2020-04-15 2024-08-25
18. CALL WRITE IWN @ 185.00 11/15/24   2024-07-18 2024-09-06
70000. FED NATL MTG ASSN 0.500% 6/17/25   2020-07-20 2024-09-10
55000. BANK OF NEW YORK MEL 3.250% 9/11/24   2015-09-22 2024-09-11
47.09 GNMA POOL #759193 3.500% 2/15/26   2013-10-30 2024-09-15
1. ADOBE SYS INC   2024-03-25 2024-09-24
20. ADVANCED MICRO DEVICES INC   2024-06-11 2024-09-24
67. ALPHABET INC CL C   2017-11-01 2024-09-24
2. ANALOG DEVICES INC   2024-06-11 2024-09-24
20. APPLE INC   2017-11-01 2024-09-24
31. BLACKSTONE INC   2023-03-20 2024-09-24
89. BROADCOM INC   2019-07-03 2024-09-24
1. CISCO SYSTEMS INC   2024-03-25 2024-09-24
12. META PLATFORMS INC   2024-03-25 2024-09-24
1. JPMORGAN CHASE & CO   2017-12-01 2024-09-24
149. MANULIFE FINANCIAL CORP   2021-07-06 2024-09-24
8. MCDONALDS CORP   2023-12-18 2024-09-24
15. MERCK & CO INC NEW   2023-12-18 2024-09-24
1. MICROSOFT CORP   2023-12-18 2024-09-24
2. MICROSOFT CORP   2023-02-09 2024-09-24
30. RTX CORP   2021-07-06 2024-09-24
14. REGIONS FINL CORP NEW   2022-08-22 2024-09-24
21. STARBUCKS CORP COM   2023-06-14 2024-09-24
933. TORONTO DOMINION BK ONT COM NEW   2019-05-09 2024-09-24
3. TOTAL S.A. - ADR   2024-06-11 2024-09-24
5. UNILEVER PLC - ADR   2020-02-03 2024-09-24
9. WASTE MANAGEMENT INC   2023-12-18 2024-09-24
103. GARMIN LTD   2020-05-28 2024-09-24
28.65 FHLMC POOL #ZS4531 4.000% 9/01/43   2013-10-29 2024-09-25
131.22 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2024-09-25
144.61 FED NATL MTG ASSN 3.500% 4/25/46   2017-04-03 2024-09-25
51.91 FNMA POOL #AV4311 3.000% 11/01/28   2013-10-29 2024-09-25
237.11 FNMA POOL #BJ0664 3.000% 3/01/33   2020-04-22 2024-09-25
489.65 FNMA POOL #BM1228 3.000% 5/01/32   2020-04-15 2024-09-25
6. CALL WRITE IWO @ 300.00 10/18/24   2024-09-19 2024-10-10
15000. ABBVIE INC 3.600% 5/14/25   2020-08-28 2024-10-15
42.91 GNMA POOL #759193 3.500% 2/15/26   2013-10-30 2024-10-15
80. BLACKSTONE INC   2023-03-20 2024-10-17
60. BROADCOM INC   2019-07-03 2024-10-17
653. MANULIFE FINANCIAL CORP   2017-09-08 2024-10-17
432. REGIONS FINL CORP NEW   2022-08-22 2024-10-17
21. CALL WRITE EFA @ 86.00 11/15/24   2024-08-21 2024-10-22
35.68 FHLMC POOL #ZS4531 4.000% 9/01/43   2013-10-29 2024-10-25
114.62 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2024-10-25
130.06 FED NATL MTG ASSN 3.500% 4/25/46   2017-04-03 2024-10-25
51.12 FNMA POOL #AV4311 3.000% 11/01/28   2013-10-29 2024-10-25
743.8 FNMA POOL #BJ0664 3.000% 3/01/33   2020-04-22 2024-10-25
485.96 FNMA POOL #BM1228 3.000% 5/01/32   2020-04-15 2024-10-25
9. CALL WRITE IWN @ 180.00 11/15/24   2024-09-19 2024-10-28
20000. US TREASURY NOTE 3.000% 7/15/25   2024-07-08 2024-11-06
46. CALL WRITE VNQ @ 103.00 1/17/25   2024-09-13 2024-11-07
30. CALL WRITE EEM @ 47.50 11/15/24   2024-09-25 2024-11-07
56.21 GNMA POOL #759193 3.500% 2/15/26   2013-10-30 2024-11-15
48. CALL WRITE EEM @ 47.00 12/20/24   2024-08-21 2024-11-18
18.52 FHLMC POOL #ZS4531 4.000% 9/01/43   2013-10-29 2024-11-25
126.42 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2024-11-25
176.3 FED NATL MTG ASSN 3.500% 4/25/46   2017-04-03 2024-11-25
51.27 FNMA POOL #AV4311 3.000% 11/01/28   2013-10-29 2024-11-25
212.84 FNMA POOL #BJ0664 3.000% 3/01/33   2020-04-22 2024-11-25
601.22 FNMA POOL #BM1228 3.000% 5/01/32   2020-04-15 2024-11-25
50000. CATERPILLAR FINANCIA 3.250% 12/01/24   2016-05-17 2024-12-01
70000. US TREASURY NOTE 1.625% 8/15/29   2019-08-22 2024-12-03
9. ABBVIE INC   2024-09-24 2024-12-10
7. ABBVIE INC   2021-07-06 2024-12-10
5. ADOBE SYS INC   2024-03-25 2024-12-10
17. ADVANCED MICRO DEVICES INC   2024-06-11 2024-12-10
62. ALPHABET INC CL C   2017-11-01 2024-12-10
10. ANALOG DEVICES INC   2024-06-11 2024-12-10
66. APPLE INC   2017-11-01 2024-12-10
21. BLACKSTONE INC   2023-03-20 2024-12-10
3. BLACKROCK INC   2018-08-08 2024-12-10
17. BOEING CO   2017-11-01 2024-12-10
35. BROADCOM INC   2019-07-03 2024-12-10
18. CELANESE CORP   2024-09-24 2024-12-10
2. CELANESE CORP   2023-06-14 2024-12-10
54. CISCO SYSTEMS INC   2024-03-25 2024-12-10
61. CITIGROUP INC.   2017-10-02 2024-12-10
6. COGNIZANT TECH SOLUTIONS CRP COM   2024-09-24 2024-12-10
21. COGNIZANT TECH SOLUTIONS CRP COM   2017-11-01 2024-12-10
13. META PLATFORMS INC   2024-03-25 2024-12-10
2. META PLATFORMS INC   2021-04-08 2024-12-10
12. HILTON WORLDWIDE HOLDINGS IN   2024-03-25 2024-12-10
3. HOME DEPOT INC   2023-12-18 2024-12-10
4. HOME DEPOT INC   2024-09-24 2024-12-10
27. JPMORGAN CHASE & CO   2017-12-01 2024-12-10
8. KEYSIGHT TECHNOLOGIES INC   2024-11-27 2024-12-10
30. LAM RESH CORP   2024-09-24 2024-12-10
1. LAM RESH CORP   2018-07-24 2024-12-10
6. ELI LILLY & CO COM   2017-11-01 2024-12-10
91. MANULIFE FINANCIAL CORP   2019-10-16 2024-12-10
8. MARSH & MCLENNAN COS INC   2024-10-17 2024-12-10
9. MCDONALDS CORP   2023-12-18 2024-12-10
27. MERCK & CO INC NEW   2023-12-18 2024-12-10
35. MICROSOFT CORP   2017-11-01 2024-12-10
13. MONDELEZ INTERNATIONAL INC   2024-09-24 2024-12-10
18. MONDELEZ INTERNATIONAL INC   2018-10-01 2024-12-10
25. RTX CORP   2021-07-06 2024-12-10
80. REGIONS FINL CORP NEW   2022-10-25 2024-12-10
21. STARBUCKS CORP COM   2023-06-14 2024-12-10
117. SUNCOR ENERGY INC NEW F   2024-09-24 2024-12-10
14. TARGET CORP   2024-09-24 2024-12-10
5. THERMO FISHER SCIENTIFIC INC   2024-09-24 2024-12-10
64. TOTAL S.A. - ADR   2024-06-11 2024-12-10
43. UNILEVER PLC - ADR   2020-02-03 2024-12-10
11. UNION PACIFIC CORP   2024-09-24 2024-12-10
21. UNITED PARCEL SERVICE-CL B   2024-06-11 2024-12-10
9. UNITEDHEALTH GROUP INC   2024-03-25 2024-12-10
7. VISA INC-CLASS A SHRS   2024-09-24 2024-12-10
6. VISA INC-CLASS A SHRS   2023-02-09 2024-12-10
13. WASTE MANAGEMENT INC   2023-12-18 2024-12-10
4. EATON CORP PLC   2024-09-24 2024-12-10
7. EATON CORP PLC   2020-11-03 2024-12-10
15. TE CONNECTIVITY PLC   2021-11-19 2024-12-10
14. GARMIN LTD   2020-05-28 2024-12-10
14. CALL WRITE IWN @ 195.00 12/20/24   2024-11-12 2024-12-11
31.47 GNMA POOL #759193 3.500% 2/15/26   2013-10-30 2024-12-15
19. CALL WRITE VNQ @ 100.00 1/17/25   2024-11-12 2024-12-16
48. CALL WRITE EEM @ 47.00 2/21/25   2024-12-10 2024-12-24
15.48 FHLMC POOL #ZS4531 4.000% 9/01/43   2013-10-29 2024-12-25
125.05 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2024-12-25
85.57 FED NATL MTG ASSN 3.500% 4/25/46   2017-04-03 2024-12-25
61.53 FNMA POOL #AV4311 3.000% 11/01/28   2013-10-29 2024-12-25
596.44 FNMA POOL #BJ0664 3.000% 3/01/33   2020-04-22 2024-12-25
480.99 FNMA POOL #BM1228 3.000% 5/01/32   2020-04-15 2024-12-25
25. CALL WRITE IWR @ 98.00 2/21/25   2024-11-12 2025-01-13
38.54 GNMA POOL #759193 3.500% 2/15/26   2013-10-30 2025-01-15
31. CALL WRITE IVV @ 635.00 3/21/25   2024-12-03 2025-01-15
6. CALL WRITE IWO @ 345.00 2/21/25   2024-12-02 2025-01-22
30000. JPMORGAN CHASE & CO 3.125% 1/23/25   2020-10-20 2025-01-23
10000. US TREASURY NOTE 3.000% 7/15/25   2024-12-03 2025-01-23
42.36 FHLMC POOL #ZS4531 4.000% 9/01/43   2013-10-29 2025-01-25
112.35 FHLMC POOL #ZS8598 3.000% 2/01/31   2020-02-04 2025-01-25
142.27 FED NATL MTG ASSN 3.500% 4/25/46   2017-04-03 2025-01-25
46.89 FNMA POOL #AV4311 3.000% 11/01/28   2013-10-29 2025-01-25
693.87 FNMA POOL #BJ0664 3.000% 3/01/33   2020-04-22 2025-01-25
601.56 FNMA POOL #BM1228 3.000% 5/01/32   2020-04-15 2025-01-25
417. OTHER   2024-06-30 2025-01-31
(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 45   47 -2
b 25,000   24,782 218
c 7,919   8,562 -643
d 36   37 -1
e 124   128 -4
131   137 -6
327   340 -13
386   409 -23
370   392 -22
24,041   30,026 -5,985
1,017     1,017
432     432
47   50 -3
23,323   24,969 -1,646
11,175   8,554 2,621
180   85 95
8,365   6,248 2,117
38,379   35,448 2,931
38   40 -2
131   136 -5
81   84 -3
53   55 -2
1,214   1,286 -72
421   446 -25
13,921   1,500 12,421
28,494   16,754 11,740
21,627   8,748 12,879
2,196     2,196
891     891
45   47 -2
2,466     2,466
2,942     2,942
2,142     2,142
39,871   36,539 3,332
39,588   34,366 5,222
895     895
30   32 -2
126   130 -4
105   110 -5
54   56 -2
544   576 -32
665   705 -40
37,603   38,809 -1,206
44   47 -3
25,000   24,760 240
2,418     2,418
35   36 -1
149   154 -5
104   108 -4
54   56 -2
218   231 -13
520   551 -31
198,075   43,557 154,518
747     747
87,166   39,964 47,202
29,157   5,690 23,467
48,682   29,705 18,977
22,958   6,073 16,885
8,129   7,041 1,088
19,798   7,545 12,253
43   46 -3
828     828
32   33 -1
140   144 -4
115   120 -5
51   53 -2
219   231 -12
449   476 -27
30,000   31,257 -1,257
1,520     1,520
30,000   29,996 4
41   43 -2
28   29 -1
151   156 -5
52   55 -3
51   53 -2
212   225 -13
678   719 -41
202     202
2,627     2,627
750     750
1,428     1,428
3,690     3,690
17,872     17,872
49   52 -3
23   24 -1
164   169 -5
154   162 -8
51   53 -2
220   233 -13
477   505 -28
4,279     4,279
67,981   70,079 -2,098
55,000   54,685 315
47   50 -3
527   509 18
3,180   3,179 1
11,011   3,531 7,480
458   472 -14
4,550   836 3,714
4,888   2,539 2,349
15,545   2,532 13,013
52   50 2
6,764   6,069 695
211   103 108
4,341   2,907 1,434
2,400   2,317 83
1,725   1,601 124
430   371 59
859   536 323
3,585   2,683 902
319   310 9
1,997   2,117 -120
59,539   53,743 5,796
206   207 -1
324   294 30
1,860   1,594 266
18,033   10,029 8,004
29   30 -1
131   136 -5
145   151 -6
52   54 -2
237   251 -14
490   519 -29
1,044     1,044
14,898   16,740 -1,842
43   45 -2
13,350   6,552 6,798
10,945   1,707 9,238
19,946   12,536 7,410
10,369   9,414 955
861     861
36   37 -1
115   119 -4
130   136 -6
51   53 -2
744   788 -44
486   515 -29
1,476     1,476
19,823   19,607 216
6,171     6,171
1,200     1,200
56   59 -3
1,824     1,824
19   19  
126   131 -5
176   184 -8
51   53 -2
213   225 -12
601   637 -36
50,000   52,814 -2,814
62,721   70,211 -7,490
1,583   1,756 -173
1,231   809 422
2,730   2,544 186
2,170   2,702 -532
11,568   3,178 8,390
2,153   2,361 -208
16,355   2,758 13,597
3,997   1,720 2,277
3,182   1,467 1,715
2,794   5,189 -2,395
5,993   996 4,997
1,259   2,376 -1,117
140   234 -94
3,165   2,681 484
4,420   4,507 -87
481   458 23
1,682   1,513 169
8,036   6,574 1,462
1,236   623 613
3,034   2,522 512
1,266   1,056 210
1,688   1,586 102
6,577   2,793 3,784
1,354   1,359 -5
2,253   2,387 -134
75   17 58
4,800   500 4,300
2,868   1,680 1,188
1,725   1,832 -107
2,716   2,606 110
2,725   2,883 -158
15,499   8,819 6,680
805   970 -165
1,115   772 343
2,949   2,130 819
2,026   1,687 339
2,064   2,117 -53
4,437   4,495 -58
1,894   2,190 -296
2,687   3,050 -363
3,642   4,417 -775
2,527   2,530 -3
2,616   2,717 -101
2,730   2,884 -154
5,086   4,384 702
2,178   1,938 240
1,867   1,383 484
2,814   2,302 512
1,436   1,317 119
2,513   830 1,683
2,264   2,473 -209
3,071   1,274 1,797
1,246     1,246
31   33 -2
1,330     1,330
1,248     1,248
15   16 -1
125   129 -4
86   89 -3
62   64 -2
596   631 -35
481   510 -29
2,452     2,452
39   41 -2
16,407     16,407
1,674     1,674
30,000   32,909 -2,909
9,940   9,938 2
42   44 -2
112   116 -4
142   149 -7
47   49 -2
694   735 -41
602   637 -35
    137,592 -137,592
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       -2
b       218
c       -643
d       -1
e       -4
      -6
      -13
      -23
      -22
      -5,985
      1,017
      432
      -3
      -1,646
      2,621
      95
      2,117
      2,931
      -2
      -5
      -3
      -2
      -72
      -25
      12,421
      11,740
      12,879
      2,196
      891
      -2
      2,466
      2,942
      2,142
      3,332
      5,222
      895
      -2
      -4
      -5
      -2
      -32
      -40
      -1,206
      -3
      240
      2,418
      -1
      -5
      -4
      -2
      -13
      -31
      154,518
      747
      47,202
      23,467
      18,977
      16,885
      1,088
      12,253
      -3
      828
      -1
      -4
      -5
      -2
      -12
      -27
      -1,257
      1,520
      4
      -2
      -1
      -5
      -3
      -2
      -13
      -41
      202
      2,627
      750
      1,428
      3,690
      17,872
      -3
      -1
      -5
      -8
      -2
      -13
      -28
      4,279
      -2,098
      315
      -3
      18
      1
      7,480
      -14
      3,714
      2,349
      13,013
      2
      695
      108
      1,434
      83
      124
      59
      323
      902
      9
      -120
      5,796
      -1
      30
      266
      8,004
      -1
      -5
      -6
      -2
      -14
      -29
      1,044
      -1,842
      -2
      6,798
      9,238
      7,410
      955
      861
      -1
      -4
      -6
      -2
      -44
      -29
      1,476
      216
      6,171
      1,200
      -3
      1,824
       
      -5
      -8
      -2
      -12
      -36
      -2,814
      -7,490
      -173
      422
      186
      -532
      8,390
      -208
      13,597
      2,277
      1,715
      -2,395
      4,997
      -1,117
      -94
      484
      -87
      23
      169
      1,462
      613
      512
      210
      102
      3,784
      -5
      -134
      58
      4,300
      1,188
      -107
      110
      -158
      6,680
      -165
      343
      819
      339
      -53
      -58
      -296
      -363
      -775
      -3
      -101
      -154
      702
      240
      484
      512
      119
      1,683
      -209
      1,797
      1,246
      -2
      1,330
      1,248
      -1
      -4
      -3
      -2
      -35
      -29
      2,452
      -2
      16,407
      1,674
      -2,909
      2
      -2
      -4
      -7
      -2
      -41
      -35
      -137,592
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 2 367,548
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 7,769
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 7,769
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 7,769
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 10,636
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 10,636
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 2,867
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow2,867 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 arrowPA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowWELLS FARGO BANK Telephone no.right arrow (800) 352-3705

Located atright arrow100 N MAIN ST FL 5D4001-052WINSTON SALEMNC ZIP+4right arrow27107
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
DIANNE L SEMINGSON CO WELLS FARGO CO-TRUSTEE
1 		19,897    
100 N MAIN ST FL 5 D4001-052
WINSTONSALEM,NC27101
WELLS FARGO BANK N A TRUSTEE
1 		134,385    
100 N MAIN ST FL 5D4001-052
WINSTONSALEM,NC27101
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
14,194,423
b
Average of monthly cash balances.......................
1b
226,872
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
14,421,295
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
14,421,295
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
216,319
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,204,976
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
710,249
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
710,249
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
7,769
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
7,769
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
702,480
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
702,480
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
702,480
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
631,967
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
631,967
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 7 702,480
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 614,686
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$ 631,967
a Applied to 2023, but not more than line 2a 614,686
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..... 17,281
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 .......... 		685,199
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 0
e Excess from 2024.... 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or 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

THE SALVATION ARMY

615 SLATERS LN
ALEXANDRIA,VA22314 		NONE PC GENERAL OPERATING 41,021

SIMPSON HOUSE

150 MONUMENT RD STE 202
BALA CYNWYD,PA190041725 		NONE PC GENERAL OPERATING 164,021

BUCKS CITY ASSOC FOR THE BLIND

400 FREEDOM DRIVE
NEWTOWN,PA18940 		NONE PC GENERAL OPERATING 81,980

SHRINERS HOSPITALS FOR CHILDREN

2900 ROCKY POINT DR
TAMPA,FL336313356 		NONE PC GENERAL OPERATING 327,980
Total .................................right arrow 3a 615,002
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 ....     14 345,549  
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 ............ 		    18 367,548  
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) ..   713,097  
13Total. Add line 12, columns (b), (d), and (e)..................
13
713,097
(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:
SPRING CHR TR
EIN:
23-6290545
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,537     1,537

TY 2024 InvestmentsCorpBondsSchedule
Name:
SPRING CHR TR
EIN:
23-6290545
Name of Bond End of Year Book Value End of Year Fair Market Value
084670BS6 BERKSHIRE HATHAWAY 25,884 24,670
14912L6G1 CATERPILLAR FINANCIA    
172967KG5 CITIGROUP INC 25,304 24,807
30219GAM0 EXPRESS SCRIPTS HOLD 18,194 16,902
037833DK3 APPLE INC 24,808 24,158
58013MFB5 MCDONALD'S CORP 25,638 24,475
912828ZQ6 US TREASURY NOTE 105,263 103,154
78015K7H1 ROYAL BANK OF CANADA 56,086 54,355
9128286B1 US TREASURY NOTE 99,844 93,813
912828U24 US TREASURY NOTE 2.0 101,785 101,043
68389XAU9 ORACLE CORP 3.400% 7    
912828V98 US TREASURY NOTE 95,295 96,211
3135G04Z3 FED NATL MTG ASSN    
49326EEH2 KEYCORP 27,370 24,899
00287YAQ2 ABBVIE INC    
337738AS7 FISERV INC    
3135G06G3 FED NATL MTG ASSN    
91324PCP5 UNITEDHEALTH GROUP 34,279 29,913
912828YB0 US TREASURY NOTE 167,526 151,540
126650DN7 CVS HEALTH CORP 9,981 8,281
86562MAF7 SUMITOMO MITSUI FINL 10,871 9,720
17275RBL5 CISCO SYSTEMS INC 51,340 48,590
46625HKC3 JPMORGAN CHASE & CO    
912828R36 US TREASURY NOTE 1.6 18,340 19,355
00206RKG6 AT&T INC 15,141 13,716
031162CW8 AMGEN INC 24,994 21,448
046353AL2 ASTRAZENECA PLC 16,720 14,874
37045XDL7 GENERAL MOTORS FINL 24,856 21,248
254709AM0 DISCOVER FINANCIAL 28,141 24,646
756109AX2 REALTY INCOME CORP 26,383 22,667
91282CCS8 US TREASURY NOTE 19,502 16,415
98389BAY6 XCEL ENERGY INC 26,771 22,934
92343VFR0 VERIZON COMMUNICATIO 24,645 20,724
0641594A1 BANK OF NOVA SCO 50,346 47,831
035240AV2 ANHEUSER-BUSCH INBEV 27,404 23,470
693475AZ8 PNC FINANCIAL SERVIC 56,752 49,127
38141GXH2 GOLDMAN SACHS GROUP 49,782 42,466
37940XAE2 GLOBAL PAYMENTS INC 24,693 24,041
713448FE3 PEPSICO INC 24,844 20,911
822582BT8 SHELL INTERNATIONAL 52,995 49,059
025816CM9 AMERICAN EXPRESS CO 29,415 28,526
91282CEP2 US TREASURY NOTE 109,439 103,743
91282CFF3 US TREASURY NOTE 31,819 31,180
91282CFV8 US TREASURY NOTE 4.1 82,959 78,234
06406HCX5 BANK OF NEW YORK MEL    
06051GKP3 VR BANK OF AMERICA 48,396 49,515
20030NEE7 COMCAST CORP 48,048 48,462
26441CAS4 DUKE ENERGY CORP 27,785 29,100
459200KA8 IBM CORP 46,322 47,489
46124HAG1 INTUIT INC 38,808 40,250
548661DY0 LOWE'S COS INC 19,856 20,989
863667BA8 STRYKER CORP 23,120 24,691
912810FF0 US TREASURY BOND 5.2 95,987 92,953
912828B66 US TREASURY NOTE 2.7    
912828WJ5 US TREASURY NOTE 2.5    
91282CGM7 US TREASURY NOTE 33,631 32,670
91282CHC8 US TREASURY NOTE 38,627 36,894
91282CHT1 US TREASURY NOTE 51,446 52,536
026874DS3 AMERICAN INTERNATION 39,424 39,634
053332AZ5 AUTOZONE INC 23,494 23,847
10373QBU3 BP CAP MARKETS AMERI 45,672 43,611
337738BH0 FISERV INC 25,365 25,432
46647PBE5 VR JPMORGAN CHASE 2. 35,972 36,208
63111XAJ0 NASDAQ INC 31,003 30,353
91282CEY3 US TREASURY NOTE 59,285 59,654
91282CGC9 US TREASURY NOTE 3.8 60,771 59,423
91282CJZ5 US TREASURY NOTE 72,530 72,059
91282CLF6 US TREASURY NOTE 57,862 56,915

TY 2024 InvestmentsCorpStockSchedule
Name:
SPRING CHR TR
EIN:
23-6290545
Name of Stock End of Year Book Value End of Year Fair Market Value
02079K107 ALPHABET INC CL C 64,282 268,514
037833100 APPLE INC 55,268 332,524
09247X101 BLACKROCK INC    
097023105 BOEING CO 64,969 63,547
150870103 CELANESE CORP 49,458 33,389
17275R102 CISCO SYSTEMS INC 38,284 66,054
172967424 CITIGROUP INC. 76,823 103,335
192446102 COGNIZANT TECH SOLUT 34,980 40,231
25243Q205 DIAGEO PLC - ADR    
437076102 HOME DEPOT INC 49,247 64,269
46625H100 JPMORGAN CHASE & CO 53,842 147,015
532457108 ELI LILLY & CO COM 11,057 107,874
56501R106 MANULIFE FINANCIAL C 31,249 64,606
58933Y105 MERCK & CO INC NEW 41,290 62,948
594918104 MICROSOFT CORP 58,148 313,785
654106103 NIKE INC CL B    
867224107 SUNCOR ENERGY INC NE 73,111 90,482
87612E106 TARGET CORP 21,719 37,374
883556102 THERMO FISHER SCIENT 20,701 50,809
89151E109 TOTALENERGIES SE -SP 79,716 80,662
907818108 UNION PACIFIC CORP 35,309 57,487
911312106 UNITED PARCEL SERVIC 51,868 51,860
91324P102 UNITEDHEALTH GROUP I 47,412 106,871
G29183103 EATON CORP PLC 24,717 72,796
H84989104 TE CONNECTIVITY LTD    
00287Y109 ABBVIE INC 37,764 63,997
11135F101 BROADCOM INC 22,196 173,918
891160509 TORONTO DOMINION BK    
75513E101 RTX CORP 44,230 77,112
H2906T109 GARMIN LTD 25,706 62,381
94106L109 WASTE MANAGEMENT INC 32,369 59,250
09260D107 BLACKSTONE INC 27,121 84,836
285512109 ELECTRONIC ARTS INC    
92826C839 VISA INC-CLASS A SHR 45,442 89,893
09857L108 BOOKING HOLDINGS INC    
512807108 LAM RESEARCH CORP CO    
609207105 MONDELEZ INTERNATION 27,239 36,824
904767704 UNILEVER PLC - ADR 46,783 50,437
30303M102 META PLATFORMS INC 60,045 210,889
7591EP100 REGIONS FINL CORP NE 40,100 50,906
00724F101 ADOBE INC 53,735 48,994
007903107 ADVANCED MICRO DEVIC 35,366 43,945
580135101 MCDONALDS CORP 60,703 61,782
855244109 STARBUCKS CORP COM 44,984 48,564
023135106 AMAZON COM INC COM 151,962 190,619
032654105 ANALOG DEVICES INC 53,603 48,099
09290D101 BLACKROCK FUNDING IN 27,772 68,832
43300A203 HILTON WORLDWIDE HOL 52,748 64,530
49338L103 KEYSIGHT TECHNOLOGIE 38,389 40,307
512807306 LAM RESH CORP 12,033 59,896
571748102 MARSH & MCLENNAN COS 48,318 45,762
G87052109 TE CONNECTIVITY PLC 29,548 46,167

TY 2024 InvestmentsOtherSchedule2
Name:
SPRING CHR TR
EIN:
23-6290545
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
464287648 ISHARES RUSSELL 2000 AT COST 245,339 528,500
464287473 ISHARES RUSSELL MID- AT COST 278,398 927,611
36230UGA1 GNMA POOL #759193 3. AT COST 352 331
464287465 ISHARES MSCI EAFE ET AT COST 354,728 550,797
464287481 ISHARES RUSSELL MID- AT COST 198,644 1,115,337
3138XFYH2 FNMA POOL #AV4311 AT COST 1,530 1,433
464287630 ISHARES RUSSELL 2000 AT COST 269,974 470,926
693391559 PIMCO EMERG MKTS BD- AT COST 581,419 538,742
464287200 ISHARES CORE S & P 5 AT COST 357,821 1,911,935
464287234 ISHARES MSCI EMERGIN AT COST 647,698 678,180
256206103 DODGE & COX INTL STO AT COST 47,613 142,840
3132A5A88 FHLMC POOL #ZS4531 AT COST 3,072 2,747
316390152 FIDELITY ADV INTL RL AT COST 144,197 119,668
3132A9RT6 FHLMC POOL #ZS8598 AT COST 6,059 5,630
922908553 VANGUARD REAL ESTATE AT COST 388,341 423,683
464287499 ISHARES RUSSELL MID- AT COST 150,227 288,455
3140J5LJ6 FNMA POOL #BM1228 AT COST 21,810 19,752
922031760 VANGUARD HIGH YIELD AT COST 593,830 554,241
3140H1W22 FNMA POOL #BJ0664 AT COST 17,167 15,449
14041NGB1 CAPITAL ONE MULTI-AS AT COST 50,086 50,158
3136AVMS5 FED NATL MTG ASSN AT COST 10,811 9,755
90276RBD9 UBS COMMERCIAL MORTG AT COST 73,831 65,164
018996V13 CALL WRITE IWS @ 145      
25599IVW1 CALL WRITE IWN @ 183      
3BI991QI7 CALL WRITE EFA @ 82.      
3RV99I3F1 CALL WRITE VNQ @ 96.      
42199VXJ8 CALL WRITE IVV @ 625      

TY 2024 OtherDecreasesSchedule
Name:
SPRING CHR TR
EIN:
23-6290545
Description Amount
CY PURCHASE OF ACCRUED INTEREST 1,695
MUTUAL FUND TIMING ADJ 1,215
COST BASIS ADJUSTMENT 76


TY 2024 OtherExpensesSchedule
Name:
SPRING CHR TR
EIN:
23-6290545
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSES - ADR FEES 308 308   0


TY 2024 OtherIncreasesSchedule
Name:
SPRING CHR TR
EIN:
23-6290545
Description Amount
PY PURCHASE OF ACCRUED INTEREST 1,016


TY 2024 OtherLiabilitiesSchedule
Name:
SPRING CHR TR
EIN:
23-6290545
Description Beginning of Year - Book Value End of Year - Book Value
CALL OPTIONS 58,491 8,176


TY 2024 OtherProfessionalFeesSchedule
Name:
SPRING CHR TR
EIN:
23-6290545
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED 7,015 7,015    


TY 2024 TaxesSchedule
Name:
SPRING CHR TR
EIN:
23-6290545
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 6,490 6,490   0
FEDERAL TAX PAYMENT - PRIOR YE 6,125 0   0
FEDERAL ESTIMATES - PRINCIPAL 10,636 0   0
FOREIGN TAXES ON NONQUALIFIED 1,519 1,519   0