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 DAVIS & SMITH FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)2261 WOODLARK CIRCLE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BETHLEHEM, PA18017
A Employer identification number

84-3207370
B Telephone number (see instructions)

(484) 379-8230
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$25,672,900J 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) 9,144,952
2 Check right arrow.............
3 Interest on savings and temporary cash investments 165,739 165,739  
4 Dividends and interest from securities... 256,745 256,745  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,429,470
b Gross sales price for all assets on line 6a 6,454,093
7 Capital gain net income (from Part IV, line 2)... 2,429,470
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........ 11,996,906 2,851,954  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 109,180 0   109,180
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 16,035 0   16,035
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,100 5,325   1,775
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
91,174 91,174   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
17,901 9,316   8,585
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 1,000 0   1,000
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,698 0   6,698
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 249,088 105,815   143,273
25 Contributions, gifts, grants paid....... 1,402,400 1,402,400
26 Total expenses and disbursements. Add lines 24 and 25 1,651,488 105,815   1,545,673
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 10,345,418
b Net investment income (if negative, enter -0-) 2,746,139
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............. 27,832 31,769 31,769
2 Savings and temporary cash investments......... 492,727 567,899 567,899
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) 1,469,632 Click to see attachment
List of Attached Documents:
// Content
1,694,724 		1,574,087
b Investments—corporate stock (attach schedule)....... 8,224,584 Click to see attachment
List of Attached Documents:
// Content
14,324,476 		21,505,399
c Investments—corporate bonds (attach schedule)....... 2,220,140 Click to see attachment
List of Attached Documents:
// Content
2,141,478 		1,993,746
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,434,915 18,760,346 25,672,900
Liabilities 17 Accounts payable and accrued expenses.......... 2,408 2,586
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)......... 2,408 2,586
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........ 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 12,432,507 18,757,760
29 Total net assets or fund balances (see instructions)..... 12,432,507 18,757,760
30 Total liabilities and net assets/fund balances (see instructions). 12,434,915 18,760,346
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
12,432,507
2
Enter amount from Part I, line 27a .....................
2
10,345,418
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
22,777,925
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
4,020,165
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
18,757,760
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 CAPITAL GAIN DIVIDENDS P    
b PUBLICLY TRADED SECURITIES P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6,777     6,777
b 6,447,316   4,024,623 2,422,693
c
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       6,777
b       2,422,693
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,429,470
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 38,171
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 38,171
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 38,171
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 12,898
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 12,898
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 25,273
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowPA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.DSFAM.ORG
14
The books are in care ofright arrowKELLY J MILLER Telephone no.right arrow (484) 379-8230

Located atright arrow2261 WOODLARK CIRCLEBETHLEHEMPA ZIP+4right arrow18017
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
KELLY J MILLER EXEC. DIR., TREASURER, SECRETARY
40.00 		109,180 16,035 0
2261 WOODLARK CIRCLE
BETHLEHEM,PA18017
JOANNE S DAVIS PRESIDENT & BOARD MEMBER
2.00 		0 0 0
2261 WOODLARK CIRCLE
BETHLEHEM,PA18017
KAITLIN E BICKNELL VICE-PRESIDENT & BOARD MEMBER
2.00 		0 0 0
2261 WOODLARK CIRCLE
BETHLEHEM,PA18017
DAVID T DAVIS BOARD MEMBER
2.00 		0 0 0
2261 WOODLARK CIRCLE
BETHLEHEM,PA18017
PAIGE J PFEIFFER BOARD MEMBER
2.00 		0 0 0
2261 WOODLARK CIRCLE
BETHLEHEM,PA18017
BRITIN E MILLER BOARD MEMBER
2.00 		0 0 0
2261 WOODLARK CIRCLE
BETHLEHEM,PA18017
MACY A MILLER BOARD MEMBER
2.00 		0 0 0
2261 WOODLARK CIRCLE
BETHLEHEM,PA18017
ABIGAIL E BICKNELL BOARD MEMBER
2.00 		0 0 0
2261 WOODLARK CIRCLE
BETHLEHEM,PA18017
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
17,755,971
b
Average of monthly cash balances.......................
1b
763,053
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
18,519,024
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
18,519,024
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
277,785
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
18,241,239
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
912,062
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
912,062
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
38,171
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
38,171
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
873,891
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
873,891
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
873,891
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,545,673
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,545,673
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 873,891
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
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...... 158,503
f Total of lines 3a through e ........ 158,503
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,545,673
a Applied to 2023, but not more than line 2a 0
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..... 873,891
e Remaining amount distributed out of corpus 671,782
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 5 830,285
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 ...... 		830,285
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023.... 158,503
e Excess from 2024.... 671,782
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).)
JOANNE S DAVIS
DAVID T DAVIS
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

CAMP FREEDOM INC

284 NUMBER 7 RD
CARBONDALE,PA18407 		N/A PC UNRESTRICTED SUPPORT 125,000

EQUI LIBRIUM INC

524 FEHR ROAD
NAZARETH,PA18064 		N/A PC UNRESTRICTED SUPPORT 100,000

RED FEATHER DEVELOPMENT GROUP

PO BOX 907
BOZEMAN,MT59771 		N/A PC UNRESTRICTED SUPPORT 100,000

TAILS OF VALOR PAWS OF HONOR

PO BOX 127
COOPERSBURG,PA18036 		N/A PC UNRESTRICTED SUPPORT 100,000

TURNING POINT OF LEHIGH VALLEY

444 E SUSQUEHANNA ST
ALLENTOWN,PA18103 		N/A PC UNRESTRICTED SUPPORT 100,000

VICTORY HOUSE OF LEHIGH VALLEY

314 FILLMORE ST
BETHLEHEM,PA18015 		N/A PC UNRESTRICTED SUPPORT 100,000

WADE'S ARMY

PO BOX 215
SKILLMAN,NJ08558 		N/A PC UNRESTRICTED SUPPORT 100,000

COMMUNITY ACTION LEHIGH VALLEY

1337 E 5TH STREET
BETHLEHEM,PA18015 		N/A PC THE SEED FARM 75,000

THE HOMELAND HEROES FOUNDATION

10 DELAWARE DT STE 1
SALEM,NH03079 		N/A PC WAREHOUSE/OFFICE RENT EXPENSES 52,400

YWCA OF BETHLEHEM

3895 ADLER PLACE BUILDING A SUITE
180
BETHLEHEM,PA18017 		N/A PC UNRESTRICTED SUPPORT 10,000

YWCA OF BETHLEHEM

3895 ADLER PLACE BUILDING A SUITE
180
BETHLEHEM,PA18017 		N/A PC YOUTH EMPOWERMENT PROGRAM 50,000

HISPANIC CENTER LEHIGH VALLEY

520 E 4TH ST
BETHLEHEM,PA18015 		N/A PC UNRESTRICTED SUPPORT 50,000

LEHIGH COUNTY HUMANE SOCIETY

640 DIXON STREET
ALLENTOWN,PA18103 		N/A PC UNRESTRICTED SUPPORT 50,000

LEHIGH VALLEY ZOOLOGICAL SOCIETY

5150 GAME PRESERVE RD
SCHNECKSVILLE,PA18078 		N/A PC UNRESTRICTED SUPPORT 50,000

MEALS ON WHEELS OF THE GREATER LEHIGH VALLEY

1302 N SHERMAN ST
ALLENTOWN,PA18109 		N/A PC UNRESTRICTED SUPPORT 50,000

NEW BETHANY INC

333 WEST 4TH STREET
BETHLEHEM,PA18015 		N/A PC UNRESTRICTED SUPPORT 50,000

THE CENTER FOR ANIMAL HEALTH & WELFARE

1165 INSLAND PARK RD
EASTON,PA18042 		N/A PC UNRESTRICTED SUPPORT 50,000

THE LITERACY CENTER

1132 HAMILTON ST STE 300
ALLENTOWN,PA18101 		N/A PC UNRESTRICTED SUPPORT 50,000

RECLAM THE BAY

1623 WHITESVILLE RD
TOMS RIVER,NJ08755 		N/A PC UNRESTRICTED SUPPORT 25,000

WILDLIFE INFORMATION CENTER

8844 PAINT MILL ROAD
SLATINGTON,PA18080 		N/A PC UNRESTRICTED SUPPORT 25,000

HAMMERHEADS SLED HOCKEY ASSOC

10990 DEACATUR RD
PHILADELPHIA,PA19154 		N/A PC TRAVEL EXPENSES 15,000

KELLYN FOUNDATION

336 BUSHKILL ST
TATAMY,PA18085 		N/A PC UNRESTRICTED SUPPORT 15,000

BOYS AND GIRLS CLUB OF BETHLEHEM

1430 FRITZ DR
BETHLEHEM,PA18017 		N/A PC UNRESTRICTED SUPPORT 50,000

BETHLEHEM AREA PUBLIC LIBRARY

11 W CHURCH ST
BETHLEHEM,PA18018 		N/A PC BOOKMOBILE FUND 5,000

COMMUNITY BIKE WORKS

235 N MADISON ST
ALLENTOWN,PA18102 		N/A PC UNRESTRICTED SUPPORT 5,000
Total .................................right arrow 3a 1,402,400
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 165,739  
4 Dividends and interest from securities ....     14 256,745  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,429,470  
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 2,851,954 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,851,954
(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 DAVIS & SMITH FAMILY FOUNDATION INC
 
Employer identification number

84-3207370
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 DAVIS & SMITH FAMILY FOUNDATION INC
  		Employer identification number
84-3207370
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
DAVE AND JODY DAVIS
 
2261 WOODLARK CIRCLE
 
BETHLEHEM, PA18017

$ 9,144,952


(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 DAVIS & SMITH FAMILY FOUNDATION INC
  		Employer identification number

84-3207370
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
 PUBLICLY TRADED SECURITIES $ 9,144,952 2024-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE DAVIS & SMITH FAMILY FOUNDATION INC
  		Employer identification number

84-3207370
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 DAVIS & SMITH FAMILY FOUNDATION INC
EIN:
84-3207370
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARARATION & CONSULTING 7,100 5,325   1,775

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE DAVIS & SMITH FAMILY FOUNDATION INC
EIN:
84-3207370
Name of Bond End of Year Book Value End of Year Fair Market Value
WARNERMEDIA HOLDINGS INC COMPANY GUARNT GLB 06.41% MAR 15 2026 21,018 21,008
TRUIST FINANCIAL CORP SER MTN VAR% JUL 28 2026 48,198 49,806
NEXTERA ENERGY CAP HLDGS INC DTD 04/06/20 1.875% DUE 01/15/27 48,957 46,300
GOLDMAN SACHS GROUP INC UNSECD DTD 01/26/17 3.850% DUE 01/26/27 39,763 34,346
CAPITALONEMULABS2022 A2A03.490%MAY1527 97,359 99,607
AMERICANEXPRESABS2022 3A03.750%AUG1527 72,914 74,655
WORLD OMNI AUTO ABS 2022 D A3 05.610% FEB 15 28 61,635 61,957
UNITED TECHNOLOGIES CORP GLB 04.125% NOV 16 2028 28,378 24,333
TARGA RESOURCES PARTNERS COMPANY GUARNT GLB 06.150% MAR 01 2029 20,065 20,759
CAPITAL ONE FINANCIAL CO GLB VAR% JUN 08 2029 39,700 41,304
PHILIPMORRISINTL INC GLB 05.625%NOV172029 20,116 20,600
UNITED HEALTH GROUP INC GLB 0.4500% APRIL 15 2033 20,003 18,976
CONSTELLATION BRANDS INC GLB 0.4900% MAY 01 2033 20,025 19,312
TAPESTRY INC GLB 0.5100% MAR 11 2030 16,053 15,824
MICRON TECHNOLOGY INC GLB 0.53% JAN 15 2031 24,886 24,975
CARRIER GLOBAL CORP GLB 05.900% MAR 15 2034 20,846 20,709
T MOBILE USA INC COMPANY GUARNT GLB 05.150% APR 15 2034 19,988 19,677
CHARLESSCHWABCORP GLB VAR%MAY192034 12,309 12,352
HOMEDEPOT INC GLB 04.950%JUN252034 19,984 19,730
MORGAN STANLEY SER MTN GLB VAR% JUN 21 2034 39,393 39,721
CHARLESSCHWABCORP GLB VAR%AUG242034 13,501 13,649
KROGERCO GLB 05.000%SEP152034 40,214 38,740
FNMA PMA4303 02%2036 79,027 67,799
JPMORGAN CHASE & CO UNSECD SR DTD 07/24/17 3.882% DUE 07/24/38 61,191 46,925
FNMA PAK0592 03 50%2042 57,943 49,982
CVSHEALTHCORP GLB 05.050%MAR252048 39,679 37,105
COMM 2015-CCRE2 CMO 2015 CR26 A4 03.630%0CT10 48 71,689 74,147
LOUISVILLE GAS & ELEC CO DTD 04/01/19 4.250% DUE 04/01/49 37,182 25,423
FHLMC SD 8036 48,557 41,073
FNMA PMA 3937 03%2050 47,727 40,384
FNMA PCA5701 02 50% 2050 70,491 55,183
ENERGY TRANSFER OPER LP DTD 01/22/20 5.000% DUE 05/15/50 25,762 21,209
BALTIMORE GAS & ELEC CO DTD 06/05/20 2.900% DUE 06/15/50 7,867 4,995
FNMA PCA6423 03%2050 29,971 24,422
FNMAPFM4226 0250%2050 122,728 95,504
FNMAPFM7599 0350%2051 98,354 96,542
FHLMC SD 8189 02 50% 2052 63,638 59,926
ANTHEMINC GLB 04.550% MAY15 2052 7,957 6,448
FHLMC RA 7519 03 50% 2052 110,842 107,007
FNMA PFS 3426 04% 2052 108,028 102,857
FNMAPFS7280 05%2053 89,276 88,860
META PLATFORMS INC GLB 05.600% MAY 15 2053 19,840 19,995
HCA INC COMPANYGUARNTGLB 06.000%APR012054 38,308 38,104
HP ENTERPRISECO GLB 05.600%OCT152054 19,747 18,826
BANK OF NOVA SCOTIA SENIOR UNSECURED 01.350% JUN 24 2026 64,973 61,944
TORONTO-DOMINION BANK SER FXD 01.950% JAN 12 2027 54,408 52,020
PFIZER INVESTMENT ENTER COMPANY GUARNT GLB 05.300% MAY 19 2053 20,988 18,726

TY 2024 InvestmentsCorpStockSchedule
Name:
THE DAVIS & SMITH FAMILY FOUNDATION INC
EIN:
84-3207370
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOT LABS 76,108 93,994
ADOBE INC 68,159 89,381
AIRPRODUCTS&CHEM 2,231 3,190
ALPHABET INC 126,011 319,728
AMAZON COM INC 200,000 454,357
APPLE INC 494,859 1,130,646
AT&T 89,909 117,789
BECKTON DICKINSON CO 62,086 59,667
BERKSHIRE HATHAWAY INC DEL 107,954 189,924
BLACKROCK INC 91,571 158,892
BLACKSTONE INC 64,264 102,935
BOSTON SCIENTIFIC CORP 75,010 123,172
BROADCOM INC 49,837 361,670
CHEVRON CORP 58,551 105,009
CISCO SYS INC 35,629 45,525
COCA COLA CO 60,345 67,926
CONOCOPHILLIPS 6,119 20,032
CONSTELLATION ENERGY 26,670 27,516
COSTCO WHSL CORP NEW 47,971 100,790
DEERE & CO 13,452 32,201
DISNEY WALT CO 25,100 30,287
ELI LILLY & CO 11,883 52,496
EMERSON ELEC CO 6,624 10,534
EQUINIX INC 18,627 25,458
EXXON MOBIL CORP 38,267 88,853
FIRST TR NASDAQ 98,604 164,970
FIRST TRUST CLOUD 120,787 202,504
FREEPORT-MCMORAN INC 28,739 30,274
GE AEROSPACE 37,557 33,358
HOME DEPOT INC 86,263 132,257
HONEYWELL INTL INC 1,841 2,937
INTL BUSINESS MACHINES 11,772 19,125
ISHARESRUSSELL1000 174,109 222,156
ISHARES S&P 100 150,470 218,082
JOHNSON & JOHNSON 57,119 55,245
J P MORGAN CHASE & CO 141,844 264,640
KKR & CO INC CL A 48,519 93,923
LOCKHEED MARTIN CORP 58,287 85,040
MARVELL TECH INC 41,188 120,722
MASTERCARD INC 111,331 160,604
MERCK AND CO INC SHS 103,865 141,461
META PLATFORMS INC CLASS A COMMON STOCK 160,271 189,705
MICROSOFT CORP 211,817 514,652
MONDELEZ INTL INC 54,022 56,803
MORGAN STANLEY 68,080 145,207
NEXTERA ENERGY INC 69,853 62,442
NORTHRUP GRUMMAN 20,683 20,649
NVIDIA CORP 151,282 530,580
PALO ALTO NETWORKS INC 27,241 182,688
PHILIPS MORRIS INTL INC 1,237 2,046
PNCFINCLSERVICESGROUP 42,254 38,762
PROLOGIS INC 29,937 35,410
PROCTOR & GAMBLE CO 60,048 66,222
RTX 127,548 172,423
SALESFORCE COM INC 156,636 315,273
TARGET CORP 30,119 32,714
TESLA INC 96,817 165,171
TEXAS INSTRUMENTS 116 188
THERMO FISHER SCIENTIFIC INC 53,588 55,665
UBER TECHNOLOGIES INC 18,676 14,055
UNION PAC CORP 22,988 25,312
UNITEDHEALTH GROUP INC 46,163 70,820
US BANCORP 14,675 22,097
VANGUARD GROWTH 261,833 861,103
VISA INC 206,258 319,832
WALMART INC 42,397 87,368
WASTEMANAGEMENT INCNEW 65,487 76,277
3M COMPANY 38,229 37,694
CHENIEREENERGY 26,937 34,164
CORNING IC 35,835 54,933
DIGITAL RLTY TR INC 23,346 36,885
DUPONT DE NEMOURS INC 27,530 34,084
GENERAL MOTORS INC 8,239 14,436
HILTON WORLDWIDE HOLDINGS INC REG 13,905 28,423
INVESCO AEROSPACE AND DEFENSE 100,816 149,149
ISHARES RUSSELL MID-CAP GROWTH ETF 102,805 157,170
ISHARES RUSSELL MID-CAP ETF 2,612,157 3,823,300
L3 HARRIS TECHNOLOGY 25,795 30,701
METLIFE INC 18,343 17,686
MGM RESORTS INTERNATIONL SHS 35,803 32,883
NUTANIX INC 24,940 25,879
PRUDENTIAL FINANCIAL INC 14,961 22,165
QUANTASERVICESINC 60,234 111,566
SEMPRA 74,150 75,615
SYSCOCORPORATION 72,217 70,726
VALERO ENERGY CORP NEW 61,132 88,510
VETIV HOLDINGS 28,052 38,855
VISTRA CORP 30,276 33,916
BIOLIFE SOLUTIONS INC 4,772 9,605
ISHARES RUSSELL 2000 ETF 772,293 1,074,970
JP MORGAN UNDISC MGRS 375,000 363,210
SPDR S&P BIOTECH 85,175 80,514
VANGUARD SMALL CAP GROWTH ETF 380,364 413,089
ACCENTURE PC SHS 6,437 10,905
AIRBUS SE 8,160 11,700
ASML HOLDINGS NV 52,801 60,991
ASTRAZENICA PLC SPND ADR 68,778 56,151
BAE SYSTEMS PLC 43,641 66,899
COMPASS GROUP ORD GBPO 51,650 82,214
DEUTSCHE TELEKOM AG-REG 91,709 147,766
EATON CORP PLC 36,023 120,469
GLOBAL X FUNDS GLOBAL X 246,360 383,400
LVMH MOET HENNESSY ADR 42,111 40,775
SAP SE 34,131 52,586
SIEMENS AG GERM 7,571 12,357
SUMITOMO MITSUI 57,051 97,000
UNICREDIT SPA 35,702 71,248
VANGUARD FTSE DEVELOPED MARKETS 2,091,191 2,274,558
ZURICH INSURANCE GROUP 54,159 77,256
3I GROUP 40,184 64,543
HARTFORD SCHRODERS 500,000 485,380
ICIC BANK LTD 78,362 123,441
ISHARES INC CORE MSCI 505,720 490,868
TAIWAN S MANUFCTRING ADR 49,871 92,030

TY 2024 InvestmentsGovtObligationsSch
Name:
THE DAVIS & SMITH FAMILY FOUNDATION INC
EIN:
84-3207370
US Government Securities - End of Year Book Value:

1,694,724
US Government Securities - End of Year Fair Market Value:

1,574,087
State & Local Government Securities - End of Year Book Value:


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


0


TY 2024 OtherDecreasesSchedule
Name:
THE DAVIS & SMITH FAMILY FOUNDATION INC
EIN:
84-3207370
Description Amount
CHANGE IN VALUE OF DONATED SECURITIES 4,020,165


TY 2024 OtherExpensesSchedule
Name:
THE DAVIS & SMITH FAMILY FOUNDATION INC
EIN:
84-3207370
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
WORKERS COMPENSATION INSURANCE 3,916 0   3,916
OFFICE EXPENSE 2,502 0   2,502
WEBSITE EXPENSE 280 0   280


TY 2024 OtherProfessionalFeesSchedule
Name:
THE DAVIS & SMITH FAMILY FOUNDATION INC
EIN:
84-3207370
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNT MANAGEMENT FEES 91,174 91,174   0


TY 2024 TaxesSchedule
Name:
THE DAVIS & SMITH FAMILY FOUNDATION INC
EIN:
84-3207370
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER TAXES AND LICENSES 25 0   25
PAYROLL TAXES 8,560 0   8,560
FOREIGN TAX WITHHELD 9,316 9,316   0