TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
SAMFORD-CANNON FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1104 LIVE OAK CIRCLE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
OPELIKA, AL368012726

A Employer identification number

20-0246688

B Telephone number (see instructions)

(334) 749-8481

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$11,280,469J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	293,925		293,657
5a	Gross rents............	910		910
b	Net rental income or (loss) -8,659
6a	Net gain or (loss) from sale of assets not on line 10		148,180
b	Gross sales price for all assets on line 6a 1,114,879
7	Capital gain net income (from Part IV, line 2)...			148,180
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........	443,015		442,747
13	Compensation of officers, directors, trustees, etc.	98,477		19,696	78,781
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	53,625	26,280	27,345
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	51,427	51,427	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	70,814	3,907	0
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	10,330	910
20	Occupancy..............
21	Travel, conferences, and meetings.......	508		381	127
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	60,881	17,445	43,436
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	346,062		120,046	149,689
25	Contributions, gifts, grants paid.......	469,973			469,973
26	Total expenses and disbursements. Add lines 24 and 25	816,035		120,046	619,662
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-373,020
b	Net investment income (if negative, enter -0-)			322,701
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	217,437	128,168	128,168
	2	Savings and temporary cash investments.........		556,256	556,256
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,151,355	List of Attached Documents: // Content 341,153	357,488
	b	Investments—corporate stock (attach schedule).......	4,104,388	List of Attached Documents: // Content 4,189,277	6,177,879
	c	Investments—corporate bonds (attach schedule).......	1,708,477	List of Attached Documents: // Content 1,745,822	1,762,792
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	63,356	List of Attached Documents: // Content 48,481	55,408
	14	Land, buildings, and equipment: basis 116,517
		Less: accumulated depreciation (attach schedule) 29,051	97,794	List of Attached Documents: // Content 87,466	87,466
	15	Other assets (describe )	List of Attached Documents: // Content 2,059,989	List of Attached Documents: // Content 2,155,012	List of Attached Documents: // Content 2,155,012
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	9,402,796	9,251,635	11,280,469
	17	Accounts payable and accrued expenses..........	207	208
	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 )	List of Attached Documents: // Content 100	List of Attached Documents: // Content 0
	23	Total liabilities (add lines 17 through 22).........	307	208
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	9,402,489	9,251,427
	29	Total net assets or fund balances (see instructions).....	9,402,489	9,251,427
	30	Total liabilities and net assets/fund balances (see instructions).	9,402,796	9,251,635

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

9,402,489

Enter amount from Part I, line 27a .....................

-373,020

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

221,958

Add lines 1, 2, and 3 ..........................

9,251,427

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

9,251,427

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
1 a	FIDELITY - ST	P
b	FIDELITY - LT	P
c	CAPITAL GAINS DIVIDENDS	P
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	655,518	628,356	27,162
b	459,201	338,343	120,858
c	160		160
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			27,162
b			120,858
c			160
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	148,180
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	4,486
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	4,486
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	4,486
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	35,354
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	0

7	Total credits and payments. Add lines 6a through 6d..............		7	35,354
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	30,868
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax4,520	Refunded	11	26,348

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

LUCINDA CANNON Telephone no. right arrow

(334) 749-8481

Located at right arrow

1104 LIVE OAK CIRCLEOPELIKAAL ZIP+4 right arrow

368012726

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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-)
LUCINDA SAMFORD CANNON	PRESIDENT AND DIRECTOR 20.00	72,500
1104 LIVE OAK CIRCLE OPELIKA,AL36801	PRESIDENT AND DIRECTOR 20.00	72,500
PRESTON B BARNETT	TREASURER AND DIRECTOR 1.00	1,500
5570 ERROL PLACE NW ATLANTA,GA30327	TREASURER AND DIRECTOR 1.00	1,500
E RASHA CANNON	SECRETARY AND DIRECTOR 6.00	22,977
1435 TURN LAKE DRIVE AUBURN,AL36830	SECRETARY AND DIRECTOR 6.00	22,977
HEATHER S CANNON	DIRECTOR 1.00	1,500
1435 TURN LAKE DRIVE AUBURN,AL36830	DIRECTOR 1.00	1,500

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...................				0

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 arrow

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	OPERATING EXPENSES RELATED TO PROPERTY PURCHASED TO BE USED DIRECTLY IN CARRYING OUT CHARITABLE PURPOSES. 1944 OPELIKA ROAD WAS PURCHASED WITH THE INTENT TO RENOVATE AND PROVIDE OFFICE SPACE FOR LOCAL NONPROFITS AT BELOW MARKET RENT.	27,809
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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

8,602,420

Average of monthly cash balances.......................

384,851

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

8,987,271

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

8,987,271

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

134,809

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

8,852,462

Minimum investment return. Enter 5% (0.05) of line 5................

442,623

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.)

Minimum investment return from Part IX, line 6..................

442,623

Tax on investment income for 2024 from Part V, line 5 .......

4,486

Income tax for 2024. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

4,486

Distributable amount before adjustments. Subtract line 2c from line 1............

438,137

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

438,137

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

438,137

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

619,662

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

619,662

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					438,137
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......				86,282
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: $ 619,662
a Applied to 2023, but not more than line 2a				86,282
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.....					438,137
e Remaining amount distributed out of corpus		95,243
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		95,243
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		95,243
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....	95,243

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AUBURN UNIVERSITY FOUNDATION 317 SOUTH COLLEGE STREET AUBURN,AL36849	NONE	PC	SCHOLARSHIPS & AWARDS	25,000
AUBURN UNIVERSITY FOUNDATION 317 SOUTH COLLEGE STREET AUBURN,AL36849	NONE	PC	CAPITAL CAMPAIGN FOR RANE CULINARY CENTER	24,931
EAST ALABAMA MEDICAL CENTER FOUNDATION 2000 PEPPERELL PARKWAY OPELIKA,AL36801	NONE	PC	CAPITAL CAMPAIGN PSYCHIATRIC HOSPITAL	40,836
EXCEPTIONAL FOUNDATION OF EAST ALABAMA 300 NORTH DEAN ROAD SUITE 5-177 AUBURN,AL36830	NONE	PC	AID INDIVIDUALS W/ INTELLECTUAL & DEVELOPMENT DISABILITIES	5,000
FIRST METHODIST CHURCH 702 AVENUE A OPELIKA,AL36801	NONE	PC	SANCTUARY RENOVATIONS	147,752
FOOD BANK OF EAST ALABAMA 355 INDUSTRY DRIVE AUBURN,AL36830	NONE	PC	FOOD ACQUISITION FOR COMMUNITY MARKET	2,000
HIGHLANDS-CASHIERS HEALTH FOUNDATION PO BOX 742 HIGHLANDS,NC28741	NONE	PC	SUPPORT HIGHLANDS-CASHIERS, NC HOSPITAL	1,000
HUDSON FAMILY FOUNDATION 300 NORTH DEAN ROAD SUITE 5-177 AUBURN,AL36830	NONE	PC	PROVIDE FINANCIAL SUPPORT FOR CHILDREN/FAMILIES LIVING W/ TERMINAL ILLNESS	10,000
OPELIKA CHAMBER FOUNDATION PO BOX 2366 OPELIKA,AL36801	NONE	PC	OPELIKA FORWARD CAPITAL CAMPAIGN	50,012
OPELIKA SPORTSPLEX & AQUATICS CENTER 801 S RAILROAD AVENUE SUITE 202A MONTGOMERY,AL36106	NONE	PC	HELP UNDERWRITE CONSTRUCTION COST FOR RECREATIONAL COMPLEX IN OPELIKA, AL	50,000
SOUTHERN UNION FOUNDATION PO BOX 1000 WADLEY,AL36276	NONE	PC	SCHOLARSHIPS FOR STUDENTS	10,418
STORYBOOK FARM 300 CUSSETA ROAD OPELIKA,AL36801	NONE	PC	SUPPORT EQUINE ASSISTED ACTIVITIES FOR CHILDREN W/ PHYSICAL, EMOTIONAL CHALLENGES	700
US SPACE & ROCKET CENTER EDUCATION FOUNDATION 1 TRANQUILITY BASE HUNTSVILLE,AL35805	NONE	PC	EDUCATION & IMMERSIVE ENGAGEMENT	24,284
WASHINGTON AND LEE UNIVERSITY 204 W WASHINGTON STREET DEVELOPMENT BLDG LEXINGTON,VA24450	NONE	PC	GENERAL FUNDING	5,000
BIG HOUSE FOUNDATION 1400 GRAND NATIONAL PARKWAY OPELIKA,AL36801	NONE	PC	SUPPORT TO FOSTER & ADOPTIVE FAMILIES IN AREA	3,000
CAMP ASCCA PO BOX 21 JACKSONS GAP,AL36861	NONE	PC	CAMPER SCHOLARSHIPS	3,000
ENVISION OPELIKA PO BOX 165 OPELIKA,AL36801	NONE	PC	SOUTHSIDE CENTER FOR THE ARTS RENOVATIONS	3,000
EXODUS RANCH 600 ANDREWS ROAD OPELIKA,AL36801	NONE	PC	PROVIDE SUPPORT FOR CHILDREN IN NEED	5,000
HUNTINGDON COLLEGE 1500 EAST FAIRVIEW AVENUE MONTGOMERY,AL36106	NONE	PC	GENERAL FUNDING	5,000
JASON DUFNER CHARITABLE FOUNDATION PO BOX 170 AUBURN,AL36831	NONE	PC	FIGHT CHILDHOOD HUNGER	18,385
O GROWS 1103 GLENN STREET OPELIKA,AL36801	NONE	PC	ADDRESS ISSUES OF FOOD INSECURITY IN AREA	700
OPELIKA CITY SCHOOLS PO BOX 2469 OPELIKA,AL36803	NONE	PC	PROVIDE CONTINUING ED TO SELECT HIGH SCHOOL STUDENTS	27,955
SMILE-A-MILE 1600 2ND AVENUE SOUTH BIRMINGHAM,AL35233	NONE	PC	SUPPORT CHILDREN WITH CANCER	2,000
VIDA NUEVA CCA 440 N COLLEGE STREET AUBURN,AL36830	NONE	PC	SUPPORT CHRISTIANS DESIRING SMALLER IN-DEPTH STUDIES	5,000
Total ................................. 3a				469,973

bApproved for future payment
AUBURN UNIVERSITY FOUNDATION 317 SOUTH COLLEGE STREET AUBURN,AL36849	NONE	PC	CAPITAL CAMPAIGN FOR RANE CULINARY CENTER	23,548
FIRST METHODIST CHURCH 702 AVENUE A OPELIKA,AL36801	NONE	PC	SANCTUARY RENOVATIONS	151,738
OPELIKA CHAMBER FOUNDATION PO BOX 2366 OPELIKA,AL36801	NONE	PC	OPELIKA FORWARD CAPITAL CAMPAIGN	97,974
OPELIKA SPORTSPLEX & AQUATICS CENTER 801 S RAILROAD AVENUE SUITE 202A MONTGOMERY,AL36106	NONE	PC	HELP UNDERWRITE CONSTRUCTION COST FOR RECREATIONAL COMPLEX IN OPELIKA, AL	50,000
SOUTHERN UNION FOUNDATION PO BOX 1000 WADLEY,AL36276	NONE	PC	SCHOLARSHIPS FOR STUDENTS	18,890
EAST ALABAMA MEDICAL CENTER FOUNDATION 2000 PEPPERELL PARKWAY OPELIKA,AL36801	NONE	PC	CAPITAL CAMPAIGN MENTAL HEALTH CENTER	74,164
Total ................................. 3b				416,314

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	(e) Related or exempt function income (See instructions.)
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	293,657	268
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	-8,659
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	148,180
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		433,178	268

13Total. Add line 12, columns (b), (d), and (e)..................

433,446

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
4	TAX EXEMPT NONDIVIDEND DISTRIBUTION (ROC)

Form 990-PF (2024)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

SAMFORD-CANNON FOUNDATION

EIN:

20-0246688

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	53,625	26,280		27,345

- TIN:

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

TY 2024 DepreciationSchedule

Name:

SAMFORD-CANNON FOUNDATION

EIN:

20-0246688

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income
IPAD	2017-07-22	1,000	1,000	SL	5.000000000000	0	0
IPAD	2017-07-22	3,636	3,636	SL	5.000000000000	0	0
DELL XPS 15' LAPTOP	2019-03-11	1,666	1,610	SL	5.000000000000	56	0
FUJITSU FI-7030 COLOR SCANNER	2019-03-14	713	690	SL	5.000000000000	23	0
HP PRINTER	2019-04-15	113	107	SL	5.000000000000	6	0
IPAD KEYBOARD	2020-04-20	326	239	SL	5.000000000000	65	0
IPAD PRO	2020-04-21	1,361	998	SL	5.000000000000	272	0
IPAD PRO	2020-04-21	1,130	829	SL	5.000000000000	226	0
FUJITSU SCANSNAP IX 1500 SCANNER	2022-03-14	559	206	ADS	5.000000000000	113	0
STORAGE RACKS - MAIN BUILDING	2022-12-31	4,992	420	ADS	12.000000000000	420	420
TRAILER	2022-12-31	11,699	2,400	ADS	5.000000000000	2,400	2,400
LEGACY CENTER - SMOKEHOUSE - LAND	2022-12-31	6,365		L	0 %	0	0
LEGACY CENTER - SMOKEHOUSE - BUILDING	2022-12-31	52,025	1,302	ADS	40.000000000000	1,302	1,302
SMALL TOOLS & EQUIPMENT -2023	2023-12-31	2,236	23	ADS	12.000000000000	186	186
BLOWER	2022-12-31	687	58	ADS	12.000000000000	58	58
SMALL TOOLS & EQUIPMENT	2022-12-31	4,480	377	ADS	12.000000000000	377	377
SECURITY & INTERNET	2022-12-31	23,529	4,826	ADS	5.000000000000	4,826	4,826

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

SAMFORD-CANNON FOUNDATION

EIN:

20-0246688

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ALPS SMITH TOTAL RETURN BOND CL 1	831,358	843,615
DOUBLELINE TOTAL RETURN BOND FD CL 1	270,971	274,721
ISHARES TR 0-3 MNTH TREASRY	500,041	499,594
VIRTUS SEIX FLOATING RATE HIGH INCOME 1	143,452	144,862

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

SAMFORD-CANNON FOUNDATION

EIN:

20-0246688

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABORATORIES	28,607	32,123
ABBVIE INC COM USD0.01	22,592	24,167
ADOBE INC COM	19,188	15,564
AFLAC INC COM USD0.10	28,223	37,549
AIR PRODUCTS AND CHEMICALS INC	28,217	27,264
ALBEMARLE CORP COM USD0.01	25,801	13,601
ALPHABET INC CAP STOCK CL C	27,646	145,687
AMAZON.COM INC	46,663	147,430
AMCOR PLC ORD USD0.01 ISIN #JE00BJ1F3079 SEDOL #BJ1F307	7,123	7,180
APPLE INC	71,640	678,889
ATMOS ENERGY CORP COM NPV	24,120	29,247
AUTOMATIC DATA PROCESSING INC COM USD0.10	23,177	27,517
BANK AMERICA CORP COM	14,213	21,623
BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS B	23,653	65,726
BLACKROCK INC COM USD0.01	3,174	10,251
BOOKING HOLDINGS INC COM	6,237	9,937
BRISTOL-MYERS SQUIBB CO COM	7,812	7,466
BROADCOM INC COM	28,776	78,826
BROWN & BROWN INC	17,014	23,465
BROWN-FORMAN CORP COM USD.0.15 CLASS B	30,404	20,433
CAPITAL ONE FINANCIAL CORP COM USD0.01	2,662	4,636
CARDINAL HEALTH INC COM NPV	10,329	13,719
CATERPILLAR INC COM	22,981	29,384
CHEVRON CORP NEW COM	20,846	28,389
CHUBB LIMITED COM NPV ISIN #CH0044328745	22,124	27,077
CHURCH &DWIGHT CO INC COM	14,018	15,392
CINCINNATI FINANCIAL CORP COM USD2.00	6,160	8,047
CINTAS CORP	21,385	29,963
CLIFFWATER CORPORATE LENDING FUND 1	512,624	506,934
CLOROX CO COM USD1.00	11,232	12,668
COCA-COLA CO	45,370	48,314
COLGATE-PALMOLIVE CO COM USD1.00	21,200	26,182
CONOCOPHILLIPS COM	8,467	6,843
CONSOLIDATED EDISON INC COM USD0.10	17,859	17,400
COSTCO WHOLESALE CORP COM USD0.01	4,692	26,572
DOVER CORP COM USD1.00	20,967	27,014
ECOLAB INC	11,669	14,762
ELI LILLY &CO COM	41,051	55,584
EMERSON ELECTRIC CO	24,515	30,611
EOG RESOURCES INC	4,194	4,045
EXPEDITORS INTERNATIONAL OF WASHINGTON INC	5,741	5,428
EXXON MOBIL CORP	55,350	58,303
FEDEX CORP COM USD0.10	3,793	4,220
FRANKLIN RESOURCES INC COM	11,713	8,988
GENERAL DYNAMICS CORP COM USD1.00	14,800	17,390
GENUINE PARTS CO COM USD1.00	18,341	14,478
GOLDMAN SACHS GROUP INC COM USD0.01	7,190	12,025
GRAINGER W W INC COM USD0.50	16,669	25,297
HORMEL FOODS CORP	7,391	5,992
ILLINOIS TOOL WORKS INC COM USD0.01	22,312	23,581
ISHARES CORE S&P SMALL-CAP E	135,701	361,676
ISHARES MSCI EAFE ETF	619,730	793,149
ISHARES RUSSELL 2000 ETF	280,048	372,760
JOHNON &JOHNSON COM USD1.00	45,386	48,014
JPMORGAN CHASE & CO	9,881	43,867
KIMBERLY-CLARK CORP COM	17,921	18,870
LINDE PLC COM EUR0.001	25,401	24,702
LOWES COMPANIES INC COM USD0.50	5,617	18,510
MCCORMICK &COMPANY INC COM NPV	14,067	13,571
MCDONALDS S CORP	31,914	42,034
MEDTRONIC PLC	17,154	16,535
MICROSOFT CORP	179,859	403,797
NEXTERA ENERGY INC COM USD0.01	21,247	22,367
NUCOR CORP COM USD0.40	10,133	7,469
PENTAIR PLC SHS	14,056	21,034
PEPSICO INC	11,534	17,943
PPG INDUSTRIES INC COM USD1.666	16,890	15,170
PRICE T ROWE GROUPS COM USD0.20	7,101	7,238
PROCTER AND GAMBLE CO COM	11,175	23,136
REGENERON PHARMACEUTICALS INC	6,691	5,699
ROPER TECHNOLOGIES INC	5,562	5,718
S&P GLOBAL INC	14,067	17,929
SHERWIN-WILLIAMS CO	10,258	13,257
SMITH A O CORP COM	15,219	15,415
STANLEY BLACK & DECKER INC	11,677	10,598
SYSCO CORP	14,046	15,139
TARGET CORP	9,888	11,085
VANGUARD DEVELOPED MARKETS INDEX FUND ETF	195,858	224,754
VANGUARD INTL EQUITY INDEX FDS FTSE EMR MKT ETF	369,538	418,380
VISA INC	34,649	44,878
WALMART INC COM	11,582	18,974
WEST PHARMACEUTICAL SERVICES INC	28,233	23,584
RIVER FINANCIAL CORP	80,002	80,002
ACCENTURE PLC	16,655	17,590
CH ROBINSON WORLDWIDE INC COM USD0.10	23,882	33,166
CISCO SYSTEMS INC	13,161	15,688
COMCAST CORP	11,161	9,833
DANAHER CORPORATION COM	12,414	11,478
GILEAD SCIENCES INC COM USD0.001	6,034	7,667
HONEYWELL INTERNATIONAL INC COM USD1	8,606	9,713
INTERNATIONAL BUS MACH CORP COM USD0.20	28,892	33,854
KENVUE INC COM	17,743	18,190
MASTERCARD INCORPORATED CL A	29,598	32,647
META PLATFORMS INC CLASS A COMMON STOCK	83,930	97,195
NIKE INC CLASS B COM NPV	10,767	8,702
NORDSON CORP	26,615	22,389
NVIDIA CORPORATION COM	62,562	88,631
SCHWAB CHARLES CORP COM	8,138	8,437
SMUCKER J M CO COM NEW	23,437	19,381
UNITED HEALTH GROUP INC	31,672	32,881

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

SAMFORD-CANNON FOUNDATION

EIN:

20-0246688

US Government Securities - End of Year Book Value:

341,153

US Government Securities - End of Year Fair Market Value:

357,488

State & Local Government Securities - End of Year Book Value:

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

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

SAMFORD-CANNON FOUNDATION

EIN:

20-0246688

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ESSEX PROPERTY TRUST INC COM USD0.0001	AT COST	17,381	21,979
FEDERAL RLTY INVT TR NEW SH BEN INT NEW	AT COST	17,135	19,703
REALTY INCOME CORP COM	AT COST	13,965	13,726

- TIN:

TY 2024 LandEtcSchedule2

Name:

SAMFORD-CANNON FOUNDATION

EIN:

20-0246688

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
IPAD	1,000	1,000	0	0
IPAD	3,636	3,636	0	0
DELL XPS 15' LAPTOP	1,666	1,666	0	0
FUJITSU FI-7030 COLOR SCANNER	713	713	0	0
HP PRINTER	113	113	0	0
IPAD KEYBOARD	326	304	22	22
IPAD PRO	1,361	1,270	91	91
IPAD PRO	1,130	1,055	75	75
FUJITSU SCANSNAP IX 1500 SCANNER	559	319	240	240
STORAGE RACKS - MAIN BUILDING	4,992	840	4,152	4,152
TRAILER	11,699	4,800	6,899	6,899
LEGACY CENTER - SMOKEHOUSE - LAND	6,365	0	6,365	6,365
LEGACY CENTER - SMOKEHOUSE - BUILDING	52,025	2,604	49,421	49,421
SMALL TOOLS & EQUIPMENT -2023	2,236	209	2,027	2,027
BLOWER	687	116	571	571
SMALL TOOLS & EQUIPMENT	4,480	754	3,726	3,726
SECURITY & INTERNET	23,529	9,652	13,877	13,877

- TIN:

TY 2024 OtherAssetsSchedule

Name:

SAMFORD-CANNON FOUNDATION

EIN:

20-0246688

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
CONSTRUCTION IN PROGRESS	2,054,632	2,149,655	2,149,655
UTILITY DEPOSITS	5,357	5,357	5,357

- TIN:

TY 2024 OtherExpensesSchedule

Name:

SAMFORD-CANNON FOUNDATION

EIN:

20-0246688

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
POSTAGE	27	19	8
AWARDS EVENTS	12,851	0	12,851
SUPPLIES	107	77	30
SUBSCRIPTIONS	707	707	0
TECHNOLOGY	3,178	2,288	890
MARKETING	5,954	4,287	1,667
OTHER EXPENSE	9,576	9,576	0
CELL PHONE	672	491	181
OPELIKA ROAD PROPERTY EXPENSE	27,809	0	27,809

- TIN:

TY 2024 OtherIncreasesSchedule

Name:

SAMFORD-CANNON FOUNDATION

EIN:

20-0246688

Description	Amount
CHARITIES - NET ASSETS ADJUSTMENT - NO TAX EFFECT	221,958

- TIN:

TY 2024 OtherLiabilitiesSchedule

Name:

SAMFORD-CANNON FOUNDATION

EIN:

20-0246688

Description	Beginning of Year - Book Value	End of Year - Book Value
SECURITY DEPOSITS	100	0

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

SAMFORD-CANNON FOUNDATION

EIN:

20-0246688

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES	51,427	51,427		0

- TIN:

TY 2024 TaxesSchedule

Name:

SAMFORD-CANNON FOUNDATION

EIN:

20-0246688

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	3,907	3,907		0
FEDERAL TAXES	66,907	0		0