Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE GARY W ROLLINS FOUNDATION
C/O RFA MANAGEMENT CO LLC
Number and street (or P.O. box number if mail is not delivered to street address)1908 CLIFF VALLEY WAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30329
A Employer identification number

58-6263946
B Telephone number (see instructions)

(404) 486-4668
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$426,749,983J 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) 6,251,457
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 5,721,839 5,721,839  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
2,691,646
b Gross sales price for all assets on line 6a 10,370,983
7 Capital gain net income (from Part IV, line 2)... 2,586,026
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)....... Click to see attachment
List of Attached Documents:
// Content
516,477 289,001  
12 Total. Add lines 1 through 11........ 15,181,419 8,596,866  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 175,000 0   175,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
33,980 33,980   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,700 0   5,700
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,018,655 1,018,655   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
82,513 14,125   13,388
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 37 0   37
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
243,679 223,529   201
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,559,564 1,290,289   194,326
25 Contributions, gifts, grants paid....... 17,655,717 17,655,717
26 Total expenses and disbursements. Add lines 24 and 25 19,215,281 1,290,289   17,850,043
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,033,862
b Net investment income (if negative, enter -0-) 7,306,577
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 4,351,297 9,237,616 9,258,114
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 11,174,706 Click to see attachment
List of Attached Documents:
// Content
15,811,240 		392,384,777
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 15,111,615 Click to see attachment
List of Attached Documents:
// Content
15,007,145 		25,107,092
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
42,150,757 		Click to see attachment
List of Attached Documents:
// Content
28,802,213 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 72,788,375 68,858,214 426,749,983
Liabilities 17 Accounts payable and accrued expenses.......... 3,793 11,927
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 3,793 11,927
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........ 72,784,582 68,846,287
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 72,784,582 68,846,287
30 Total liabilities and net assets/fund balances (see instructions). 72,788,375 68,858,214
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
72,784,582
2
Enter amount from Part I, line 27a .....................
2
-4,033,862
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
95,567
4
Add lines 1, 2, and 3 ..........................
4
68,846,287
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
68,846,287
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 PUBLICLY TRADED SECURITIES P    
b CAPITAL GAIN FROM PASSTHROUGH P    
c CAPITAL LOSS ON CONVERTIBLE NOTE P    
d CAPITAL GAINS DIVIDENDS P    
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9,799,956   6,988,687 2,811,269
b 465,368     465,368
c     690,650 -690,650
d 39     39
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       2,811,269
b       465,368
c       -690,650
d       39
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,586,026
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) 1 101,561
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........................... 3 101,561
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- ..... 5 101,561
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 54,003
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 120,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 174,003
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 1,838
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 70,604
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow70,604 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowGA, NY
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowALIYA CARBONE Telephone no.right arrow (404) 486-4668

Located atright arrow1908 CLIFF VALLEY WAYATLANTAGA ZIP+4right arrow30329
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
Yes
 
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
 
No
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
GARY W ROLLINS TRUSTEE
1.00 		0 0 0
1908 CLIFF VALLEY WAY
ATLANTA,GA30329
KATHLEEN ROLLINS EXECUTIVE DIRECTOR
5.00 		175,000 0 0
1908 CLIFF VALLEY WAY
ATLANTA,GA30329
DON CARSON TRUSTEE
1.00 		0 0 0
1908 CLIFF VALLEY WAY
ATLANTA,GA30329
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
RFA MANAGEMENT CO MANAGEMENT 1,008,882
1908 CLIFF VALLEY WAY
ATLANTA,GA30329
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
403,448,963
b
Average of monthly cash balances.......................
1b
6,330,014
c
Fair market value of all other assets (see instructions)................
1c
24,193,860
d
Total (add lines 1a, b, and c).........................
1d
433,972,837
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) Click to see attachment
List of Attached Documents:
// Content
.............
1e
38,636,096
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
433,972,837
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
6,509,593
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
427,463,244
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
21,373,162
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
21,373,162
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
101,561
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
101,561
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
21,271,601
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
21,271,601
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
21,271,601
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
17,850,043
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
17,850,043
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 21,271,601
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 15,848,515
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 17,850,043
a Applied to 2023, but not more than line 2a 15,848,515
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 2,001,528
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 .......... 		19,270,073
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
GARY W ROLLINS
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

ATLANTA HISTORY CENTER

130 W PACES FERRY ROAD
ATLANTA,GA30305 		N/A PC SUPPORT FOR EXHBITIONS AND PROGRAMS 1,522,133

ATLANTA HUMANE SOCIETY INC

981 HOWELL MILL ROAD
ATLANTA,GA30318 		N/A PC GRANT - MISSION MOMENT 10,350

ATLANTA MISSION

PO BOX 1807
ATLANTA,GA30301 		N/A PC GENERAL SUPPORT 252,131

BELOIT COLLEGE

700 COLLEGE ST
BELOIT,WI53511 		N/A PC GENERAL SUPPORT 100,000

BEST FRIENDS ANIMAL SOCIETY

5001 ANGEL CANYON ROAD
KANAB,UT84741 		N/A PC GENERAL SUPPORT 10,000

CAMP SUNSHINE

1850 CLAIRMONT RD
DECATUR,GA30033 		N/A PC GENERAL SUPPORT 3,000

CENTRAL OUTREACH & ADVOCACY CENTER

201 WASHINGTON ST SW
ATLANTA,GA30303 		N/A PC SUPPORTIVE SERVICES PROGRAMMING 20,000

CH COOLIDGE NTL MDL HONOR HERITAGE

2 W AQUARIUM WAY SUITE 104
CHATTANOOGA,TN37402 		N/A PC DISPLAY FOR MEDAL OF HONOR RECEIPIENT & GENERAL OPERATING FUNDS 250,288

CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION

1575 NORTHEAST EXPRESSWAY SUITE 100
ATLANTA,GA30329 		N/A PC PEDIATRIC HEALTHCARE & RESEARCH 10,000

COBB COLLABORATIVE INC

940 CONCORD RD SE
SMYRNA,GA30080 		N/A PC COMMUNITY WELL-BEING & FAMILY SUPPORT 50,000

CROHN'S & COLITIS

733 THIRD AVENUE SUITE 510
NEW YORK,NY10017 		N/A PC MEDICAL RESEARCH & PATIENT SUPPORT 1,000

EMORY UNIVERSITY

1762 CLIFTON ROAD SUITE 1400
ATLANTA,GA30322 		N/A PC GENERAL SUPPORT 2,831,289

FIDELITY CHARITABLE

PO BOX 770001
CINCINNATI,OH45277 		N/A PC DONOR ADVISED FUND 1,499,327

FOLDS OF HONOR

5800 N PATRIOT DRIVE
OWASSO,OK74055 		N/A PC SCHOLARSHIPS FOR MILITARY FAMILIES 994,245

LATIN AMERICAN ASSOCIATION INC

2750 BUFORD HWY NE
ATLANTA,GA30324 		N/A PC GENERAL SUPPORT 851,702

MAKE-A-WISH FOUNDATION OF GEORGIA INC

1775 THE EXCHANGE SE 200
ATLANTA,GA30339 		N/A PC GENERAL SUPPORT 100,409

MEALS ON WHEELS ATLANTA

1705 COMMERCE DRIVE
ATLANTA,GA30318 		N/A PC GENERAL SUPPORT 100,000

NSORO FOUNDATION INC

PO BOX 724445
ATLANTA,GA31139 		N/A PC GENERAL SUPPORT 22,500

OPERATION HOME FRONT

1355 CENTRAL PKWY S STE 100
SAN ANTONIO,TX78232 		N/A PC GENERAL SUPPORT 249,144

PEACHTREE ROAD UNITED METHODIST CHURCH

3180 PEACHTREE ROAD NE
ATLANTA,GA30305 		N/A PC OPERATING FUND 60,000

ROLLINS COLLEGE

1000 HOLT AVE 2756
WINTER PARK,FL327894499 		N/A PC WOMEN IN BUSINESS PROGRAM 2,500

ROLLINS EMPLOYEE RELIEF FUND

2170 PIEDMONT ROAD NE
ATLANTA,GA30324 		N/A PC GENERAL SUPPORT 20,000

SALVATION ARMY

1424 NORTHEAST EXPRESSWAY NE
BROOKHAVEN,NE30329 		N/A PC DISASTER RELIEF & SOCIAL SERVICES 1,950,618

SHARE OUR STRENGTH

1030 15TH STREET NW SUITE 1100
WASHINGTON,DC20005 		N/A PC NO KIDS HUNGRY 20,000

SPECIAL OPERATION CARE FUND

4279 ROSWELL ROAD SUITE 208 313
ATLANTA,GA30342 		N/A PC GENERAL OPERATING FUNDS 516,964

UNITED WAY OF GREATER ATLANTA

100 EDGEWOOD AVENUE NE
ATLANTA,GA30303 		N/A PC ROLLINS INC. CAMPAIGN 56,000

UNIVERSITY OF CHATTANOOGA FOUNDATION

615 MCCALLIE AVE
CHATTANOOGA,TN37403 		N/A PC GWR COLLEGE OF BUSINESS 5,629,870

VETERANS EMPOWERMENT ORGANIZATION

373 W LAKE AVE NW
ATLANTA,GA30318 		N/A PC GENERAL SUPPORT 403,759

WOMEN IN NEED OF GOD'S SHELTER

POBOX 8277
DUBLIN,GA310408277 		N/A PC GENERAL SUPPORT 17,000

TEAM RUBICON INC

5230 PACIFIC CONCOURSE DRIVE 200
LOS ANGELES,CA90045 		N/A PC GENERAL SUPPORT 101,488
Total .................................right arrow 3a 17,655,717
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 5,721,839  
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 ............ 		523000 105,620 18 2,586,026  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aK-1 INCOME 		901101 191,476 14 289,001  
bFEDERAL TAX REFUND     01 36,000  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 297,096 8,632,866 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
8,929,962
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE GARY W ROLLINS FOUNDATION
C/O RFA MANAGEMENT CO LLC
Employer identification number

58-6263946
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE GARY W ROLLINS FOUNDATION
C/O RFA MANAGEMENT CO LLC 		Employer identification number
58-6263946
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
GARY W ROLLINS
 
1908 CLIFF VALLEY WAY
 
ATLANTA, GA30329

$ 6,251,457


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE GARY W ROLLINS FOUNDATION
C/O RFA MANAGEMENT CO LLC 		Employer identification number

58-6263946
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 19,610 SHARES OF UNUM $ 1,445,943 2024-12-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 17,000 SHARES OF NORTHERN TRUST $ 1,782,620 2024-12-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 28,500 SHARES OF NOV $ 426,574 2024-12-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 80,760 SHARES OF INTEL $ 1,657,599 2024-12-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 2,093 SHARES OF MICROSOFT $ 938,721 2024-12-13
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE GARY W ROLLINS FOUNDATION
C/O RFA MANAGEMENT CO LLC 		Employer identification number

58-6263946
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
THE GARY W ROLLINS FOUNDATION
 
C/O RFA MANAGEMENT CO LLC
EIN:
58-6263946
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX RETURN PREPARATION 5,700 0   5,700

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

TY 2024 GainLossSaleOtherAssetsSch
Name:
THE GARY W ROLLINS FOUNDATION
 
C/O RFA MANAGEMENT CO LLC
EIN:
58-6263946
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
UBI CAPITAL GAIN FROM PASSTHROUGH   PURCHASED     105,620   COST 0 105,620  

TY 2024 InvestmentsCorpStockSchedule
Name:
THE GARY W ROLLINS FOUNDATION
 
C/O RFA MANAGEMENT CO LLC
EIN:
58-6263946
Name of Stock End of Year Book Value End of Year Fair Market Value
DNOW INC COM USD0.01 25,213 92,696
ESCO TECHNOLOGIES INC 2,653 96,577
INTEL CORP COM 1,003,613 1,619,238
LUMEN TECHNOLOGIES INC 98,111 25,276
MICROSOFT CORP COM 539,634 882,200
NORTHERN TR CORP COM 340,563 1,742,500
NOV INC COM 231,867 416,100
ROLLINS INC COM 1,878,282 368,701,087
RPC INC COM 202 39,162
UNUM GROUP 498,215 1,432,118
MFC ETF I SHARES MSCI EAFE 366,377 558,304
MFC ISHARES TR MSCI EAFE SMALL CAP ETF 462,146 642,006
MFC ISHARES TR RUSSELL MID-CAP ETF 1,208,492 3,307,840
#REORG/ BERRY GLOBAL GROUP INC MERGER AMCOR PLC 2Y19AS2 04-30-2025 4,701 5,820
#REORG/ DISCOVER FINL SVCS STOCK MERGER CAPITAL ONE FINL CORP 2108876 05-19- 5,542 7,622
#REORG/ANSYS INC MERGER SYNOPSYS INC 2851468 07-18-2025 4,542 4,723
#REORG/UNITED STS MERGER 06-18-2025 4,549 3,943
3M CO COM 5,158 6,455
ABBOTT LAB COM 40,397 42,869
ABBVIE INC COM USD0.01 85,402 167,927
ACCENTURE PLC CLS A 39,714 43,974
ACUITY INC 4,499 5,258
ADOBE INC COM 38,147 36,464
ADVANCED MICRO DEVICES INC COM 40,834 33,338
AECOM 5,110 5,875
AFFILIATED MANAGERS GROUP INC COM STK 4,500 5,178
AFLAC INC COM 12,449 15,413
AGCO CORP COM 11,926 10,096
AGILENT TECHNOLOGIES INC COM 4,558 4,576
AIR PROD & CHEM INC COM 11,364 14,212
AIRBNB INC CL A COM USD0.0001 CL A 11,038 9,330
AKAMAI TECHNOLOGIES INC COM STK 4,446 4,209
ALASKA AIR GROUP INC COM 4,574 6,475
ALBEMARLE CORP COM 5,202 4,757
ALIGN TECHNOLOGY INC COM 5,457 5,213
ALLEGION PLC COMMON STOCK 6,043 6,273
ALLISON TRANSMISSION HOLDING 4,495 6,159
ALLSTATE CORP COM 9,589 10,654
ALNYLAM PHARMACEUTICALS INC COM 4,547 7,295
ALPHABET INC CAPITAL STOCK USD0.001 CL A 229,521 395,448
ALTRIA GROUP INC COM 14,052 17,592
AMAZON COM INC COM 32,398 425,617
AMDOCS ORD GBP0.01 5,212 5,394
AMEDISYS INC COM 4,568 4,540
AMENTUM HLDGS INC COM USD0.01 WI 1,072 862
AMER FINL GROUP INC OH COM STK 4,509 4,793
AMERICAN EXPRESS CO 21,662 27,601
AMERICAN TOWER CORP 10,999 11,842
AMERIPRISE FINL INC COM 4,646 5,857
AMETEK INC NEW COM 11,752 11,897
AMGEN INC COM 25,641 24,500
AMPHENOL CORP NEW CL A 4,577 5,708
ANALOG DEVICES INC COM 10,633 12,110
AON PLC 11,519 13,289
APA CORP COM 10,024 8,312
APOLLO GLOBAL MANAGEMENT INC COM USD0.00001 7,817 11,726
APPLE INC COM STK 469,628 707,937
APPLIED MATERIALS INC COM 26,272 22,606
APPLOVIN CORP COM CL A COM CL A 5,035 18,782
APTARGROUP INC COM 4,500 5,027
ARCH CAPITAL GROUP COM STK 6,205 6,095
ARCHER-DANIELS-MIDLAND CO COM 7,641 6,163
ARISTA NETWORKS INC COM NEW 8,728 15,916
ARMSTRONG WORLD INDS INC NEW COM STK 4,927 6,077
ARROW ELECTR INC COM 4,559 4,185
ASSURED GUARANTY LTD COMMON STK 4,683 5,401
AT&T INC COM 7,724 9,358
ATLASSIAN CORP CL A 4,838 6,085
AUTODESK INC COM 4,545 6,207
AUTOMATIC DATA PROCESSING INC COM 16,454 19,716
AUTOZONE INC COM 11,874 12,808
AVERY DENNISON CORP COM 5,125 4,304
AVIS BUDGET GROUP INC COM STK 5,182 5,240
BAKER HUGHES CO 6,372 8,040
BALL CORP COM 4,509 3,804
BANK NEW YORK MELLON CORP COM STK 6,070 8,144
BANK OF AMERICA CORP 42,351 49,356
BATH & BODY WORKS INC COM USD0.5 WI 5,316 6,397
BECTON DICKINSON & CO COM 16,151 15,654
BERKLEY W R CORP COM 4,498 4,740
BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS'B' 134,350 149,129
BEST BUY INC COM STK 4,464 5,118
BIO RAD LABORATORIES INC CL A CL A 5,341 5,585
BIOGEN INC COMMON STOCK 12,309 9,787
BLACKSTONE INC COM USD0.00001 10,162 14,483
BLOCK INC 6,518 7,819
BOEING CO COM 25,402 26,904
BOK FINL CORP COM NEW 5,276 6,281
BOOKING HLDGS INC COM 20,785 29,811
BOSTON BEER INC CL A CL A 4,635 4,800
BOSTON SCIENTIFIC CORP COM 14,809 19,472
BRIGHT HORIZONS FA COM USD0.001 4,528 4,767
BRIGHTHOUSE FINL INC COM 4,561 4,420
BRISTOL MYERS SQUIBB CO COM 15,752 16,629
BROADCOM INC COM 99,067 185,472
BROADRIDGE FINL SOLUTIONS INC COM STK 4,468 5,220
BROWN-FORMAN INC CL B NON-VTG COM 5,200 4,050
BRUNSWICK CORP COM 5,334 4,203
BURLINGTON STORES INC COM 4,439 7,127
BWX TECHNOLOGIES INC COM 4,510 5,458
C H ROBINSON WORLDWIDE INC COM NEW COM NEW 4,473 6,548
CACI INTL INC CL A CL A 4,501 4,849
CADENCE DESIGN SYS INC COM 4,560 4,807
CAPITAL ONE FINL CORP COM 11,144 13,552
CAPRI HOLDINGS LTD COM NPV 4,445 2,464
CARLISLE COMPANIES INC COM 5,944 5,901
CARMAX INC COM 4,543 5,478
CARNIVAL CORP COM PAIRED 4,539 7,925
CARRIER GLOBAL CORPORATION COM USD0.01 WI 4,534 5,753
CARTER INC FORMERLY CARTER HLDGS INC TO 09/13/2003 COM 5,259 4,552
CARVANA CO CL A CL A 5,279 7,321
CASEYS GEN STORES INC COM 4,420 5,547
CATERPILLAR INC COM 33,710 34,099
CBOE GLOBAL MARKETS INC 4,511 4,885
CELANESE CORP DEL COM STK 9,880 4,775
CENTENE CORP DEL COM 5,375 4,725
CF INDS HLDGS INC COM 4,425 4,778
CHARTER COMMUNICATIONS INC NEW CL A CL A 4,480 5,827
CHEMED CORP NEW COM 5,457 5,298
CHEVRON CORP COM 71,425 64,888
CHIPOTLE MEXICAN GRILL INC COM STK 11,522 12,060
CHOICE HOTELS INTL INC COM 5,303 5,679
CHORD ENERGY CORPORATION COM USD0.01 5,463 4,911
CHUBB LTD ORD CHF24.15 19,167 21,068
CHURCH & DWIGHT INC COM 13,403 13,403
CIN FNCL CORP COM 4,715 5,636
CINTAS CORP COM 4,672 5,116
CISCO SYSTEMS INC 35,157 43,098
CITIGROUP INC COM NEW COM NEW 21,913 25,481
CIVITAS RES INC COM 5,422 4,862
CLEVELAND CLIFFS USD0.125 5,617 3,873
CLOROX CO COMMON STOCK USD 1 PAR 5,077 5,684
CLOUDFLARE INC COM 4,460 5,707
CME GROUP INC COM STK 13,809 15,234
CNA FNCL CORP COM 4,856 5,272
COCA COLA CO COM 37,431 38,601
COGNIZANT TECH SOLUTIONS CORP CL A 6,138 6,921
COINBASE GLOBAL INC COM CL A 5,438 6,456
COLUMBIA SPORTSWEAR CO COM 5,434 5,875
COMCAST CORP NEW-CL A 18,069 16,813
COMERICA INC COM 4,545 5,443
COMM BANCSHARES INC COM 4,559 5,421
COLGATE-PALMOLIVE CO COM 12,378 12,727
JOHNSON CTLS INTL PLC COM USD0.01 9,505 11,657
CONOCOPHILLIPS COM 5,187 4,463
CORTEVA INC COM USD0.01 WI 6,225 6,436
COSTAR GROUP INC COM 20,149 91,564
COSTCO WHOLESALE CORP NEW COM 54,127 69,637
COTERRA ENERGY INC COM 5,411 5,772
CROWDSTRIKE HLDGS INC CL A CL A 6,039 7,185
CROWN HLDGS INC COM 4,589 4,796
CSX CORP COM STK 10,210 9,552
CULLEN / FROST BANKERS INC COM 4,537 5,370
CUMMINS INC 4,637 5,578
CVS HEALTH CORP COM 23,064 15,173
D R HORTON INC COM 7,578 7,410
DANAHER CORP COM 24,923 24,131
DARDEN RESTAURANTS INC COM 11,261 14,002
DARLING INGREDIENTS INC COMSTK 5,415 4,986
DATADOG INC COM USD0.00001 CL A 4,469 5,287
DAVITA INC COM 4,615 5,234
DEERE & CO COM 12,970 13,610
DELTA AIR LINES INC DEL COM NEW COM NEW 7,758 9,620
DEVON ENERGY CORP NEW COM 12,268 8,673
DEXCOM INC COM 5,394 5,988
DIGITAL RLTY TR INC COM 4,518 5,892
DOLLAR GEN CORP NEW COM 12,505 8,719
DOLLAR TREE INC COM STK 11,065 9,442
DONALDSON INC COM 4,486 4,176
DOORDASH INC CL A COM USD0.00001 CLASS A 7,840 10,401
DOVER CORP COM USD1.00 5,794 6,378
DOW INC COM USD0.01 WI 4,498 3,170
DUKE ENERGY CORP NEW COM NEW COM NEW 76,743 103,861
DUPONT DE NEMOURS INC COMMON STOCK 8,205 8,464
EAGLE MATLS INC COM 5,395 5,434
EASTMAN CHEM CO COM 5,522 5,253
EATON CORP PLC COM USD0.50 19,308 20,908
EBAY INC COM USD0.001 6,293 7,682
ECOLAB INC COM STK USD1 10,500 11,279
ELECTR ARTS COM 4,702 5,413
ELI LILLY & CO COM NPV 116,730 122,748
EMERSON ELECTRIC CO COM 10,904 12,393
ENCOMPASS HEALTH CORP COM USD0.01 4,591 5,264
ENERSYS COM 4,506 4,622
EOG RESOURCES INC COM 24,086 22,064
EQT CORP COM 4,637 5,672
EQUIFAX INC COM 4,579 5,351
EQUINIX INC COM USD0.001 4,503 5,657
ESTEE LAUDER COMPANIES INC CL A USD0.01 8,891 7,348
ETSY INC COM 5,220 5,395
EURONET WORLDWIDE INC COM 4,578 4,525
EVEREST GROUP LTD 6,733 6,524
EXPAND ENERGY CORP 4,524 5,077
EXPEDIA GROUP INC COM USD0.001 5,581 8,012
EXPEDITORS INTL WASH INC COM 4,463 4,320
EXXON MOBIL CORP COM 106,908 95,630
F5 INC COM STK NPV 6,279 8,801
FASTENAL CO COM 5,938 6,328
FEDEX CORP COM 12,410 13,005
FIDELITY NATL INFORMATION SVCS INC COM STK 8,925 10,096
FIRST CTZNS BANCSHARES INC CL A CL A 4,883 6,339
FIRST SOLAR INC COM 4,606 4,582
FISERV INC COM 12,360 17,050
FLOWSERVE CORP COM 4,517 5,658
FMC CORP COM (NEW) 4,538 3,837
FORTINET INC COM USD0.001 4,500 6,708
FORTIVE CORP COM MON STOCK 8,538 7,950
FREEPORT-MCMORAN INC 8,434 6,550
FRONTIER COMMUNICATIONS PARENT INC COM NPV 4,502 7,183
GALLAGHER ARTHUR J & CO COM 4,541 5,393
GARMIN LTD COMMON STOCK 4,512 6,600
GARTNER INC COM 4,450 4,845
GATX CORP COM 4,701 5,579
GE AEROSPACE 16,584 17,041
GE HEALTHCARE TECHNOLOGIES INC COM 6,350 5,864
GE VERNOVA LLC COM 5,490 6,584
GEN MTRS CO COM 5,611 6,925
GENERAC HLDGS INC COM STK 4,369 5,117
GENERAL DYNAMICS CORP COM 18,903 17,127
GILEAD SCIENCES INC 14,060 19,305
GLOBALFOUNDRIES INC 5,422 5,707
GLOBE LIFE INC COM 7,552 12,602
GLOBUS MED INC CL A NEW COM STK 4,563 7,361
GOLDMAN SACHS GROUP INC COM 22,794 31,494
GRAHAM HLDGS CO COM CL B COM 6,379 7,847
GRAINGER W W INC COM 6,640 7,377
HALLIBURTON CO COM 5,327 5,030
HANCOCK WHITNEY CORP 4,565 5,527
HANOVER INS GROUP INC COM 4,522 5,258
HASBRO INC COM 5,306 4,808
HCA HEALTHCARE INC COM 10,828 10,505
HEALTHEQUITY INC COM 5,570 6,045
HEICO CORP NEW COM 4,578 5,468
HENRY SCHEIN INC COMMON STOCK 5,281 5,398
HERSHEY COMPANY COM STK USD1 4,440 4,064
HESS CORP COM STK 13,543 11,705
HEXCEL CORP NEW COM 4,567 4,577
HILTON WORLDWIDE HLDGS INC COM NEW COM NEW 4,504 5,685
HOLOGIC INC COM 5,405 5,118
HOME DEPOT INC COM 61,139 70,796
HONEYWELL INTL INC COM STK 25,973 30,043
HOWMET AEROSPACE INC COM USD1.00 WI 4,492 7,765
HUBBELL INC COM 4,691 5,027
HUNT J B TRANS SVCS INC COM 4,514 4,608
ICU MED INC COM 4,463 7,293
IDEX CORP COM 16,256 15,697
IDEXX LABS INC COM 7,161 6,202
ILL TOOL WKS INC COM 11,054 11,223
ILLUMINA INC COM 4,429 5,078
INCYTE CORP COM 4,807 6,354
INGREDION INC COM 4,576 5,502
INTEL CORP COM 32,577 20,672
INTERCONTINENTAL EXCHANGE INC COM 11,445 12,964
INTERNATIONAL BANCSHARES CORP COM 4,628 5,242
INTERNATIONAL BUSINESS MACHS CORP COM 28,459 34,513
INTL FLAVORS & FRAGRANCES INC COM 4,898 4,927
INTL PAPER CO COM 5,260 6,243
INTUIT COM 23,139 23,883
INTUITIVE SURGICAL INC COM NEW STK 22,522 31,840
IPG PHOTONICS CORP COM 5,383 5,236
IQVIA HLDGS INC COM USD0.01 4,830 4,127
IRON MTN INC NEW COM 50,120 172,283
JACOBS SOLUTIONS INC COM 4,850 5,478
JAZZ PHARMACEUTICALS PLC COM USD0.0001 7,244 8,128
JOHNSON & JOHNSON COM USD1 76,062 73,467
JPMORGAN CHASE & CO COM 102,575 130,402
KELLANOVA COM USD0.25 4,511 6,316
KEMPER CORP DEL COM 5,208 5,515
KEURIG DR PEPPER INC COM 5,826 5,910
KEYSIGHT TECHNOLOGIES INC COM 4,505 4,980
KIMBERLY-CLARK CORP COM 12,723 13,094
KINDER MORGAN INC DEL COM 4,473 6,521
KIRBY CORP COM 4,732 4,973
KKR & CO INC CL A CL A 6,102 9,614
KLA CORPORATION COM USD0.001 14,533 14,493
KROGER CO COM 6,876 7,399
L3HARRIS TECHNOLOGIES INC COM 12,069 12,196
LABCORP HLDGS INC COM 6,882 7,797
LAM RESH CORP COM NEW 25,258 21,883
LAMB WESTON HLDGS INC COM USD5 5,502 5,146
LANDSTAR SYS INC COM 4,477 4,468
LAS VEGAS SANDS CORP COM STK 4,637 5,085
LEIDOS HLDGS INC COM 4,546 5,186
LENNAR CORP CL A CL A 5,302 4,773
LENNOX INTL INC COM 6,024 7,936
LIBERTY BROADBAND CORP COM SER A COM SERA 4,502 6,692
LINCOLN ELEC HLDGS INC COM 5,501 5,270
LINDE PLC 37,521 35,168
LITHIA MTRS INC COM CL A 4,452 6,076
LITTELFUSE INC COM 4,570 4,713
LOCKHEED MARTIN CORP COM 20,893 21,867
LOEWS CORP COM 11,768 13,042
LOWES COS INC COM 24,013 25,667
LPL FINL HLDGS INC COM 4,499 5,551
LULULEMON ATHLETICA INC COM 5,205 6,883
M & T BK CORP COM 7,863 10,153
MAGNERA CORP COM 412 436
MARATHON PETE CORP COM 5,369 4,743
MARKEL GROUP INC 11,775 13,810
MARKETAXESS HLDGS INC COM STK 5,086 5,199
MARRIOTT INTL INC NEW COM STK CL A 7,131 8,368
MARSH & MCLENNAN CO'S INC COM 12,947 13,594
MARTIN MARIETTA MATLS INC COM 6,992 6,198
MARVELL TECHNOLOGY INC COM 6,635 11,708
MASCO CORP COM 4,493 4,499
MASTERCARD INCORPORATED COM USD0.0001 CLASS A 63,726 73,193
MATADOR RES CO COM 5,422 5,851
MATCH GROUP INC NEW COM 5,503 5,234
MC CORMICK & CO INC COM NON-VTG 5,161 5,292
MC DONALDS CORP COM 44,399 47,252
MCKESSON CORP 2,653 2,853
MEDTRONIC PLC COMMON STOCK STOCK 22,685 22,724
MERCK & CO INC NEW COM 25,961 20,459
META PLATFORMS INC COM USD0.000006 CL 'A' 206,047 250,598
METLIFE INC COM STK USD0.01 7,198 8,188
MGM RESORTS INTERNATIONAL COM 4,504 3,673
MICRON TECH INC COM 21,236 16,518
MICROSOFT CORP COM 399,046 602,745
MICROSTRATEGY INC CL A NEW CL A NEW 5,524 8,109
MODERNA INC COM 5,108 2,037
MOHAWK INDS INC COM 4,503 4,884
MOLINA HEALTHCARE INC COM 4,619 4,657
MONDELEZ INTL INC COM 13,206 11,558
MONGODB INC CL A CL A 5,180 4,423
MONSTER BEVERAGE CORP NEW COM 4,915 4,836
MOODYS CORP COM 6,423 8,047
MORGAN STANLEY COM STK USD0.01 15,279 20,870
MOTOROLA SOLUTIONS INC 10,317 13,900
MSC INDL DIRECT INC CL A COM 5,442 4,855
MSCI INC COM USD0.01 4,643 5,400
MURPHY OIL CORP COM 4,541 2,965
MURPHY USA INC COM 4,637 5,519
NETFLIX INC COM STK 11,281 178,264
NEWMONT CORPORATION 8,558 8,449
NEXTERA ENERGY INC COM 5,334 5,878
NIKE INC CL B 16,692 15,138
NORFOLK SOUTHN CORP COM 13,638 13,143
NORTHERN TR CORP COM 42,190 221,265
NORTHROP GRUMMAN CORP COM 5,258 4,693
NORWEGIAN CRUISE LINE HLDGS LTD COM USD0.001 5,314 6,741
NUCOR CORP COM 15,481 10,202
NVENT ELECTRIC PLC COM USD0.01 WI 4,486 4,294
NVIDIA CORP COM 21,275 728,255
NVR INC COM STK USD0.01 7,773 8,179
O REILLY AUTOMOTIVE INC NEW COM USD0.01 13,086 14,230
OCCIDENTAL PETROLEUM CORP 17,877 14,939
OLD DOMINION FREIGHT LINE INC COM 5,256 4,586
OLIN CORP COM 5,362 3,853
ONEOK INC COM STK 9,542 11,948
ORACLE CORP COM 28,822 41,827
OTIS WORLDWIDE CORP COM USD0.01 WI 4,523 4,353
OVINTIV INC COM USD0.01 4,504 3,483
OWENS CORNING NEW COM STK 4,938 5,110
PACCAR INC COM 5,390 5,351
PACKAGING CORP AMER COM ISIN US6951561090 4,483 5,660
PALANTIR TECHNOLOGIES INC CL A CL A 4,672 17,017
PALO ALTO NETWORKS INC COM USD0.0001 14,527 18,924
PARKER-HANNIFIN CORP COM 8,117 9,540
PAYCHEX INC COM 4,604 5,328
PAYCOM SOFTWARE INC COM 5,403 6,764
PAYPAL HLDGS INC COM 13,622 18,436
PBF ENERGY INC CL A CL A 5,462 4,407
PENSKE AUTOMOTIVE GROUP INC COM STK 4,490 4,573
PEPSICO INC COM 47,958 42,036
PERFORMANCE FOOD GROUP CO COM 4,547 5,580
PFIZER INC COM 31,656 31,305
PHILIP MORRIS INTL COM STK NPV 27,518 35,658
PHILLIPS 66 COM 5,182 4,215
PINNACLE FINL PARTNERS INC COM 4,585 6,406
PLANET FITNESS INC CL A CL A 5,185 6,624
PNC FINANCIAL SERVICES GROUP COM STK 13,394 16,585
POLARIS INC 5,342 3,630
POOL CORP COM STK 5,411 5,455
PPG IND INC COM 9,762 8,839
PRIMERICA INC COM 4,550 5,700
PROCTER & GAMBLE COM NPV 74,297 77,287
PROGRESSIVE CORP OH COM 21,640 24,201
PROLOGIS INC COM 8,905 9,090
PROSPERITY BANCSHARES INC COM 4,593 5,619
PRUDENTIAL FINL INC COM 12,919 13,749
PULTE GROUP INC 5,107 5,238
QUALCOMM INC COM 28,427 27,344
QUANTA SVCS INC COM 4,432 5,689
QUEST DIAGNOSTICS INC COM 5,878 6,789
RAYMOND JAMES FNCL INC COM STK 4,522 5,592
RBC BEARINGS INC COM 4,439 5,385
REGENERON PHARMACEUTICALS INC COM 14,488 11,396
RENAISSANCE RE HLDGS LTD COM 5,247 5,723
REPUBLIC SVCS INC COM 4,603 4,828
RESMED INC COM 5,050 6,403
ROBERT HALF INC COM USD0.001 5,306 5,566
ROBLOX CORP COM USD0.0001 CL A 5,152 7,233
ROCKWELL AUTOMATION 5,457 5,716
ROPER TECHNOLOGIES INC 9,384 8,837
ROSS STORES INC COM 9,773 11,043
ROYAL CARIBBEAN GROUP COM STK 7,528 13,181
ROYAL GOLD INC COM STK USD0.01 4,420 4,878
ROYALTY PHARMA PLC COM USD0.0001 CLASS A 6,147 5,612
RPM INTL INC 5,318 5,661
RTX CORPORATION COMSTK 28,445 32,402
RYDER SYS INC COM 4,483 6,431
S&P GLOBAL INC COM 18,674 22,411
S.W. AIRL CO COM 4,555 5,171
SALESFORCE INC COM USD0.001 41,530 49,540
SCHLUMBERGER LTD COM COM 17,667 13,786
SCHWAB CHARLES CORP COM NEW 20,010 19,835
SEABOARD CORP DEL COM 6,286 4,859
SEAGATE TECHNOLOGY HOLDINGS PLC 24,391 48,824
SENSATA TECHNOLOGIES B V HOLDING 4,488 3,644
SERVICE CORP INTL COM 5,298 5,667
SERVICENOW INC COM USD0.001 14,766 287,293
SHERWIN-WILLIAMS CO COM 10,194 11,218
SIMON PROPERTY GROUP INC COM 4,554 5,511
SIMPSON MFG INC COM 5,300 4,643
SITEONE LANDSCAPE SUPPLY INC COM 5,440 5,007
SMUCKER J M CO COM NEW 4,563 4,295
SNAP-ON INC COM 5,941 7,469
SNOWFLAKE INC CL A CL A 8,828 9,265
SOUTHERN CO COM STK 98,413 186,866
SS&C TECHNOLOGIES HLDGS INC COM 4,535 5,608
STANLEY BLACK & DECKER INC COM 4,823 4,336
STARBUCKS CORP COM 18,020 18,706
STATE STR CORP COM 5,126 6,772
STEEL DYNAMICS INC COM 4,537 3,779
STERIS PLC ORD USD0.001 5,424 5,550
STRYKER CORP 21,610 23,819
SYNOPSYS INC COM 6,166 5,824
SYSCO CORP COM 9,655 9,558
T ROWE PRICE GROUP INC 4,536 4,637
TAKE-TWO INTERACTIVE SOFTWARE INC COM 5,078 6,074
TARGA RES CORP COM 4,557 7,140
TARGET CORP COM STK 14,263 11,490
TELEDYNE TECHNOLOGIES INC COM 4,448 5,105
TELEFLEX INC COM 6,445 5,517
TERADYNE INC COM 4,589 5,918
TESLA INC COM USD0.001 11,027 318,226
TEXAS CAP BANCSHARES INC DEL COM 4,546 6,021
TEXAS INSTRUMENTS INC COM 18,210 21,001
TEXTRON INC COM 4,503 3,672
THE CIGNA GROUP 20,528 16,016
THE HARTFORD INSURANCE GROUP INC COM USD0.01 4,594 5,056
THE TRADE DESK INC COM CL A COM CL A 4,501 6,817
THERMO FISHER SCIENTIFIC INC COM USD1 32,977 31,237
TIMKEN CO COM 5,336 4,354
TJX COS INC COM NEW 18,898 24,283
T-MOBILE US INC COM 11,195 15,230
TORO CO COM 4,567 4,265
TRACTOR SUPPLY CO COM 4,824 5,041
TRANE TECHNOLOGIES PLC COM USD1 11,349 14,405
TRANSDIGM GROUP INC COM 10,765 11,406
TRANSUNION COM 4,502 6,212
TRAVELERS COS INC COM STK 9,450 10,599
TRUIST FINL CORP COM 8,122 9,240
TWILIO INC CL A CL A 5,267 9,511
TYSON FOODS INC CL A COM (DELAWARE) 4,541 4,308
UBER TECHNOLOGIES INC COM USD0.00001 24,354 21,353
UBIQUITI INC COM 4,461 13,941
U-HAUL HOLDING COMPANY 4,547 4,905
UMB FINL CORP COM STK 4,572 6,229
UNION PAC CORP COM 35,042 33,978
UNITED AIRLINES HOLDINGS INC COM USD0.01 5,561 7,283
UNITED PARCEL SVC INC CL B 21,674 19,293
UNITED RENTALS INC COM 5,655 6,340
UNITED THERAPEUTICS CORP DEL COM STK 4,513 6,704
UNITEDHEALTH GROUP INC COM 92,132 94,090
UNVL HEALTH SERVICES INC CL B COM 4,663 5,203
US BANCORP 9,828 11,551
US FOODS HLDG CORP COM 4,526 6,071
VALARIS LTD COM USD0.40 5,454 4,689
VALMONT INDS INC COM 4,471 6,453
VALVOLINE INC COM 4,565 3,944
VEEVA SYS INC CL A COM CL A COM 4,538 4,835
VERISIGN INC COM 5,379 6,002
VERISK ANALYTICS INC COM USD0.001 6,934 8,538
VERIZON COMMUNICATIONS COM 39,140 40,230
VERTEX PHARMACEUTICALS INC COM 16,573 16,511
VERTIV HOLDINGS LLC COM USD0.0001 4,512 6,817
VISA INC COM CL A STK 74,438 86,595
VOYA FINL INC COM 4,499 4,474
VULCAN MATERIALS CO COM 10,829 10,804
WABTEC CORP COM 9,777 12,703
WALGREENS BOOTS ALLIANCE INC COM 5,101 4,525
WALMART INC COM 46,076 69,458
WALT DISNEY CO 27,393 31,542
WASTE MGMT INC DEL COM STK 13,321 12,915
WATERS CORP COM 5,376 6,307
WEBSTER FNCL CORP WATERBURY CONN COM 4,583 5,356
WELLS FARGO & CO NEW COM STK 40,123 46,077
WELLTOWER INC COM REIT 4,472 6,175
WESCO INTL INC COM 4,525 5,248
WESTN DIGITAL CORP COM 4,565 4,055
WEX INC COM 5,321 4,909
WHIRLPOOL CORP COM 4,495 4,923
WHITE MOUNTAINS INSURANCE GROUP COM STOCK 5,340 5,835
WINTRUST FINL CORP COM 5,749 7,233
WOODWARD INC COM 5,775 6,490
WORKDAY INC CL A COM USD0.001 758 774
WYNDHAM HOTELS & RESORTS INC COM 5,303 6,955
ZEBRA TECHNOLOGIES CORP CL A 4,622 6,566
ZIMMER BIOMET HLDGS INC COM 5,378 5,399
ZOETIS INC COM USD0.01 CL 'A' 13,152 14,664
ZOOM COMMUNICATIONS INC 5,191 7,182
BROADCOM CORPORATION 3.125% 01/15/2025 SER WI SR 21,591 21,987
NORTHROP GRUMMAN CORPORATION 2.93% 01/15/2025 SR 33,454 33,972
AIR LEASE CORPORATION MTN 2.3% 02/01/2025 SR 29,356 30,924
COMCAST CORPORATION 3.375% 02/15/2025 SR LIEN S&P 35,464 35,926
AMGEN INC. 1.9% 02/21/2025 SR LIEN 29,973 30,876
AIR LEASE CORPORATION 3.25% 03/01/2025 SR LIEN 29,767 30,911
MITSUBISHI UFJ FINANCIAL GROUP 3.777% 03/02/2025 58,421 59,874
ABBVIE INC 3.8% 03/15/2025 SER WI SR LIEN 28,746 28,948
ACE INA HOLDINGS INC. 3.15% 03/15/2025 SR LIEN 26,552 26,911
LAM RESEARCH CORP 3.8% 03/15/2025 SR LIEN 10,827 10,980
AMERIPRISE FINANCIAL, INC. 3.0% 04/02/2025 SR LIEN 61,585 62,730
CITIGROUP INC. 3.3% 04/27/2025 SR LIEN S&P 54,885 55,730
ALEXANDRIA REAL ESTATE EQUITIE 3.45% 04/30/2025 SR LIEN 60,531 61,695
ABBVIE INC. 3.6% 05/14/2025 SR LIEN 10,941 10,955
BOSTON SCIENTIFIC CORP 1.9% 06/01/2025 SR LIEN 18,702 18,781
BANK OF NOVA SCOTIA (THE) 5.45% 06/12/2025 SR LIEN 42,635 43,132
HP INC. 2.2% 06/17/2025 SR LIEN 19,732 19,752
GENERAL MOTORS FINANCIAL COMPA 2.75% 06/20/2025 11,600 11,882
BAXALTA INCORPORATED 4.0% 06/23/2025 SER WI SR 18,718 18,936
AMERICAN HONDA FINANCE MTN 1.2% 07/08/2025 USD SR 27,801 28,503
MORGAN STANLEY MTN 4.0% 07/23/2025 USD SR LIEN 61,058 61,745
AMERICAN EXPRESS CO 3.95% 08/01/2025 USD SR LIEN 21,574 21,912
GENERAL MOTORS FINL CO 6.05% 10/10/2025 USD SR LIEN 14,140 14,120
CANADIAN IMPERIAL BANK OF COMM 0.95% 10/23/2025 USD 13,515 13,603
AMERICAN ELECTRIC POWER 1.0% 11/01/2025 USD SER N SR 62,741 62,999
MCKESSON CORP 0.9% 12/03/2025 USD SR LIEN 60,904 61,873
BURLINGTON NORTH SANTA FE 7.0 12/15/2025 43,175 43,006
TRANS-CANADA PIPELINES 4.875% 01/15/2026 USD SR LIEN 49,064 48,991
VIRGINIA ELECTRIC & POWER COMP 3.15% 01/15/2026 USD 10,822 10,837
PHILIP MORRIS INTERNATIONAL IN 4.875% 02/13/2026 USD 19,052 19,050
TCI COMMUNICATIONS, INC. 7.875000 02/15/2026 SR LIEN 21,813 21,740
CIGNA GROUP (THE) 5.685% 03/15/2026 USD SR LIEN 20,000 20,007
AMERICAN EXPRESS COMPANY HYBRID 05/01/2026 USD 39,745 40,011
PHILIP MORRIS INTL INC 0.875% 05/01/2026 USD SR LIEN 18,922 19,031
CROWN CASTLE INTERNATIONAL COR 3.7% 06/15/2026 USD 33,372 33,452
NXP B.V. 3.875% 06/18/2026 USD SR LIEN 47,371 47,340
BANK OF AMERICA CORPORATION HYBRID MTN 06/19/2026 16,278 16,722
SABINE PASS LIQUEFACTION, LLC 5.875% 06/30/2026 USD 24,348 24,226
STATE STREET CORPORATION HYBRID 11/04/2026 USD SR 35,337 35,280
JPMORGAN CHASE & CO. HYBRID 11/19/2026 USD SR LIEN 13,494 13,549
U.S. TREASURY NOTE 2.000000% 02/15/2025 34,301 34,900
U.S. TREASURY NOTE 0.500000% 03/31/2025 190,468 193,257
U.S. TREASURY NOTE 0.250000% 07/31/2025 10,687 10,750
U.S. TREASURY NOTE 5.000000% 08/31/2025 10,048 10,048
U.S. TREASURY NOTE 3.500000% 09/15/2025 297,599 298,404
U.S. TREASURY NOTE 5.000000% 09/30/2025 13,118 13,068
U.S. TREASURY NOTE 5.000000% 10/31/2025 10,081 10,058
U.S. TREASURY NOTE 4.250000% 12/31/2025 120,788 121,029
ACCRUED INTEREST 0 14,461

TY 2024 InvestmentsOtherSchedule2
Name:
THE GARY W ROLLINS FOUNDATION
 
C/O RFA MANAGEMENT CO LLC
EIN:
58-6263946
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
PARTNERSHIPS AT COST 15,007,145 25,107,092

TY 2024 LegalFeesSchedule
Name:
THE GARY W ROLLINS FOUNDATION
 
C/O RFA MANAGEMENT CO LLC
EIN:
58-6263946
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT RELATED COUNSEL 33,980 33,980   0


TY 2024 OtherAssetsSchedule
Name:
THE GARY W ROLLINS FOUNDATION
 
C/O RFA MANAGEMENT CO LLC
EIN:
58-6263946
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
CUMULATIVE BOOK-TO-TAX DIFFERENCES 42,150,757 28,802,213  


TY 2024 OtherExpensesSchedule
Name:
THE GARY W ROLLINS FOUNDATION
 
C/O RFA MANAGEMENT CO LLC
EIN:
58-6263946
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
K-1 EXPENSES 243,478 223,529   0
INSURANCE 201 0   201


TY 2024 OtherIncomeSchedule2
Name:
THE GARY W ROLLINS FOUNDATION
 
C/O RFA MANAGEMENT CO LLC
EIN:
58-6263946
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
K-1 INCOME 480,477 289,001 480,477
FEDERAL TAX REFUND 36,000   36,000


TY 2024 OtherIncreasesSchedule
Name:
THE GARY W ROLLINS FOUNDATION
 
C/O RFA MANAGEMENT CO LLC
EIN:
58-6263946
Description Amount
STATE SOURCED TAX WITHHOLDING 7,239
UNREALIZED GAIN ON CONTRIBUTED SHARES 88,328


TY 2024 OtherProfessionalFeesSchedule
Name:
THE GARY W ROLLINS FOUNDATION
 
C/O RFA MANAGEMENT CO LLC
EIN:
58-6263946
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 1,018,655 1,018,655   0


TY 2024 ReductionExplanationStatement
Name:
THE GARY W ROLLINS FOUNDATION
 
C/O RFA MANAGEMENT CO LLC
EIN:
58-6263946
Explanation:
A QUALIFIED VALUATION CONSULTANT PERFORMED A BLOCKAGE DISCOUNT STUDY REGARDING THE BELOW STOCKS AND DETERMINED THAT THE SHARES WOULD HAVE TO BE LIQUIDATED OVER AN EXTENDED PERIOD OF TIME IN ORDER TO REALIZE THEIR FAIR MARKET VALUE (FMV) AND AVOID ADVERSELY IMPACTING THE MARKET FOR THESE SHARES. BLOCK 1 - ROLLINS, INC. : AS OF 12/31/24, THE FOUNDATION HELD 7,954,716 SHARES. THE STUDY CONCLUDED THAT IT WOULD TAKE 6.86 YEARS TO LIQUIDATE THE SHARES WITHOUT ADVERSELY AFFECTING THE VALUE. APPLYING AN APPROPRIATE PRESENT VALUE TO THE REALIZED PROCEEDS YIELDED A DISCOUNT OF 10%. AVERAGE MONTHLY FMV DURING 2024: $386,359,189; DISCOUNT: $38,635,919.BLOCK 2 - RPC, INC.: AS OF 12/31/24, THE FOUNDATION HELD 6,593 SHARES. THE STUDY CONCLUDED THAT IT WOULD TAKE 0.09 YEARS TO LIQUIDATE THE SHARES WITHOUT ADVERSELY AFFECTING THE VALUE. APPLYING AN APPROPRIATE PRESENT VALUE TO THE REALIZED PROCEEDS YIELDED A DISCOUNT OF 0.4%. AVERAGE FMV DURING 2024: $44,327; DISCOUNT: $177.

TY 2024 TaxesSchedule
Name:
THE GARY W ROLLINS FOUNDATION
 
C/O RFA MANAGEMENT CO LLC
EIN:
58-6263946
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 40,000 0   0
UBTI TAX 15,000 0   0
STATE UBTI TAX 11,361 11,361   0
FOREIGN TAX 2,764 2,764   0
PAYROLL TAXES 13,388 0   13,388