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
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

20-6023538
B Telephone number (see instructions)

(800) 496-2583
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$2,570,704J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 63,633 63,633  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 90,463
b Gross sales price for all assets on line 6a 518,170
7 Capital gain net income (from Part IV, line 2)... 90,463
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 154,096 154,096  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 49,824 29,934   19,889
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,771 1,205   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 52,595 31,139 0 19,889
25 Contributions, gifts, grants paid....... 90,633 90,633
26 Total expenses and disbursements. Add lines 24 and 25 143,228 31,139 0 110,522
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 10,868
b Net investment income (if negative, enter -0-) 122,957
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 15,566 24,591 24,591
2 Savings and temporary cash investments......... 15,756 45,656 45,656
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,126,456 Click to see attachment
List of Attached Documents:
// Content
1,062,041 		1,947,045
c Investments—corporate bonds (attach schedule)....... 413,600 Click to see attachment
List of Attached Documents:
// Content
429,049 		423,588
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).......... 103,680 Click to see attachment
List of Attached Documents:
// Content
124,167 		129,824
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) 1,675,058 1,685,504 2,570,704
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
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........ 1,675,058 1,685,504
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,675,058 1,685,504
30 Total liabilities and net assets/fund balances (see instructions). 1,675,058 1,685,504
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
1,675,058
2
Enter amount from Part I, line 27a .....................
2
10,868
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
604
4
Add lines 1, 2, and 3 ..........................
4
1,686,530
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,026
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,685,504
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 17. ADVANCED MICRO DEVICES INC   2023-03-28 2024-01-29
b 5. ADVANCED MICRO DEVICES INC     2024-01-29
c 12. ADVANCED MICRO DEVICES INC   2020-11-06 2024-02-20
d 170.55 FIDELITY 500 INDEX FUND   2018-02-28 2024-02-20
e 85. ISHARES TR S & P MIDCAP 400 INDEX FD   2023-08-15 2024-02-20
34. NEXTERA ENERGY INC     2024-02-20
18. NEXTERA ENERGY INC   2023-06-23 2024-02-20
16. NEXTERA ENERGY INC   2022-06-06 2024-02-20
861.981 VANGUARD TTL INTL BND-ADM   2019-05-10 2024-02-20
10. ADVANCED MICRO DEVICES INC   2020-11-06 2024-03-20
2. NVIDIA CORP   2023-03-28 2024-03-20
3. ASML HOLDING NV-NY REG SHS   2023-11-20 2024-03-20
15. NXP SEMICONDUCTORS NV     2024-03-20
1236.641 VANGUARD TTL INTL BND-ADM     2024-03-22
80. VANGUARD MORTGAGE-BACKED SEC   2023-08-15 2024-03-22
425. VANGUARD MORTGAGE-BACKED SEC   2020-12-28 2024-03-22
10. NXP SEMICONDUCTORS NV     2024-04-12
9. NXP SEMICONDUCTORS NV     2024-04-12
11. DEERE & CO   2021-08-19 2024-05-13
1. DEERE & CO   2021-08-19 2024-05-13
1. LAUDER ESTEE COS INC CL A   2023-09-22 2024-05-17
24. LAUDER ESTEE COS INC CL A     2024-05-17
1. LAUDER ESTEE COS INC CL A   2023-09-22 2024-05-20
. EXXON MOBIL CORP     2024-05-28
34. ALPHABET INC-CL A   2012-07-11 2024-06-05
1. ABBVIE INC   2023-10-27 2024-06-14
2. ALPHABET INC-CL C   2014-09-09 2024-06-14
3. AMAZON COM INC   2020-02-25 2024-06-14
1. AMERICAN EXPRESS CO   2019-05-16 2024-06-14
8. BANK OF AMERICA CORPORATION   2022-05-19 2024-06-14
3. BOSTON SCIENTIFIC CORP   2021-12-30 2024-06-14
3. BRISTOL MYERS SQUIBB CO   2022-05-10 2024-06-14
2. CONOCOPHILLIPS   2022-03-03 2024-06-14
1. EXXON MOBIL CORP   2023-09-12 2024-06-14
1. FACEBOOK INC-A   2021-03-05 2024-06-14
1. FISERV INC   2023-07-10 2024-06-14
1. INGERSOLL RAND INC   2021-05-17 2024-06-14
1. INTUIT   2022-08-03 2024-06-14
1. LOWES COS INC   2011-09-28 2024-06-14
1. MASTERCARD INC - CLASS A   2021-03-05 2024-06-14
2. MICROSOFT CORP   2023-03-07 2024-06-14
2. MONDELEZ INTERNATIONAL-W/I   2024-05-13 2024-06-14
4. MONSTER BEVERAGE CORP   2022-06-24 2024-06-14
1. MORGAN STANLEY DEAN WITTER & CO NEW   2022-10-05 2024-06-14
1. NEXTERA ENERGY INC   2023-06-23 2024-06-14
7. NVIDIA CORP   2023-03-28 2024-06-14
1. PEPSICO INC   2022-05-10 2024-06-14
1. PROGRESSIVE CORP OHIO   2022-04-07 2024-06-14
1. TJX COS INC NEW   2023-09-22 2024-06-14
1. WASTE CONNECTIONS INC   2021-01-08 2024-06-14
2. WELLS FARGO & CO NEW   2021-03-03 2024-06-14
185.204 FIDELITY 500 INDEX FUND     2024-08-23
300. JPMORGAN BETABUILDERS EUROPE ETF   2020-08-11 2024-08-23
170. JPMORGAN BETABUILDERS CANADA   2018-12-03 2024-08-23
40. ALPHABET INC-CL C     2024-09-12
2. INTUIT     2024-09-12
7. INTUIT     2024-09-12
16. BIOGEN IDEC INC     2024-10-01
12. HONEYWELL INTL INC   2011-05-24 2024-10-01
1. INTUIT   2020-02-25 2024-10-01
3. INTUIT     2024-10-01
1. BIOGEN IDEC INC   2021-10-12 2024-10-02
3. BIOGEN IDEC INC   2023-10-27 2024-10-02
8. BIOGEN IDEC INC     2024-10-02
2. BIOGEN IDEC INC   2023-10-27 2024-10-02
1. INTUIT   2020-02-25 2024-10-02
1. INTUIT   2020-02-25 2024-10-02
1. BIOGEN IDEC INC   2023-10-27 2024-10-03
1. INTUIT   2020-02-25 2024-10-03
1. INTUIT   2020-02-25 2024-10-04
1. INTUIT   2020-05-04 2024-10-07
1. INTUIT   2020-05-04 2024-10-09
1. INTUIT   2020-05-04 2024-10-10
1. INTUIT   2020-05-04 2024-10-10
1. DEERE & CO   2021-08-19 2024-10-14
1. DEERE & CO   2021-08-19 2024-10-14
1. DEERE & CO   2021-08-19 2024-10-15
1. DEERE & CO   2021-08-19 2024-10-15
1. INTUIT   2020-05-04 2024-10-15
2. DEERE & CO   2021-08-19 2024-10-16
1. DEERE & CO   2021-08-19 2024-10-17
1. INTUIT   2020-05-04 2024-10-17
1. INTUIT   2020-05-04 2024-10-17
11. DEERE & CO     2024-11-01
1. DEERE & CO   2021-10-21 2024-11-01
5. ANALOG DEVICES INC   2020-11-06 2024-11-13
40. ANALOG DEVICES INC     2024-11-13
1. ADVANCED MICRO DEVICES INC   2020-11-06 2024-11-14
2. ALPHABET INC-CL C   2013-12-13 2024-11-14
2. AMAZON COM INC   2020-02-25 2024-11-14
7. APPLE COMPUTER INC   2024-10-01 2024-11-14
2. BANK OF AMERICA CORPORATION     2024-11-14
2. BOSTON SCIENTIFIC CORP     2024-11-14
5. BRISTOL MYERS SQUIBB CO   2022-05-10 2024-11-14
1. CONOCOPHILLIPS   2022-02-08 2024-11-14
1. EXXON MOBIL CORP   2023-09-12 2024-11-14
1. FACEBOOK INC-A   2021-03-05 2024-11-14
2. FISERV INC   2024-10-01 2024-11-14
1. HONEYWELL INTL INC   2011-05-24 2024-11-14
1. INGERSOLL RAND INC   2021-05-17 2024-11-14
1. MARTIN MARIETTA MATLS INC   2023-11-09 2024-11-14
1. MASTERCARD INC - CLASS A   2024-09-12 2024-11-14
1. MCDONALDS CORP   2024-05-17 2024-11-14
1. MICROSOFT CORP   2015-02-13 2024-11-14
1. MONDELEZ INTERNATIONAL-W/I   2024-05-13 2024-11-14
1. MONSTER BEVERAGE CORP   2022-06-24 2024-11-14
1. MORGAN STANLEY DEAN WITTER & CO NEW   2022-10-05 2024-11-14
2. NEXTERA ENERGY INC   2024-09-12 2024-11-14
5. NVIDIA CORP   2023-03-28 2024-11-14
1. OLD DOMINION FREIGHT LINE INC COM   2021-09-09 2024-11-14
1. OTIS WORLDWIDE CORP   2024-10-14 2024-11-14
1. PEPSICO INC   2024-09-12 2024-11-14
1. SALESFORCE.COM INC   2024-03-20 2024-11-14
4. SOUTHERN CO     2024-11-14
1. T-MOBILE US INC   2022-08-31 2024-11-14
1. TEXAS INSTRS INC   2020-06-24 2024-11-14
1. UNITEDHEALTH GROUP INC   2022-01-21 2024-11-14
2. WELLS FARGO & CO NEW   2021-03-03 2024-11-14
1. EATON CORP PLC   2021-03-03 2024-11-14
1. LINDE PLC   2023-03-24 2024-11-14
1. CONOCOPHILLIPS   2022-02-08 2024-11-21
16. CONOCOPHILLIPS   2022-02-08 2024-11-21
3. CONOCOPHILLIPS   2022-02-08 2024-11-21
2. LILLY ELI & CO     2024-11-21
1. LILLY ELI & CO   2016-04-07 2024-11-21
51. MONSTER BEVERAGE CORP     2024-11-21
1. MONSTER BEVERAGE CORP   2022-08-24 2024-11-21
2. MONSTER BEVERAGE CORP   2022-08-24 2024-11-21
11. T-MOBILE US INC   2022-08-31 2024-11-21
5. LINDE PLC   2023-03-24 2024-11-21
1. LINDE PLC   2023-03-24 2024-11-21
2. LINDE PLC     2024-11-21
10. MONSTER BEVERAGE CORP     2024-11-22
325.701 FIDELITY INTL INDX-INST PRM   2018-02-27 2024-12-10
285. ISHARES TR 20+ TREAS INDEX FD   2024-03-22 2024-12-10
235. ISHARES TR 20+ TREAS INDEX FD     2024-12-10
700. ISHARES BROAD USD HIGH YIELD   2024-08-23 2024-12-10
500. JPMORGAN BETABUILDERS EUROPE ETF   2020-08-11 2024-12-10
31. JPMORGAN BETABUILDERS JAPAN ETF   2018-08-03 2024-12-10
184. JPMORGAN BETABUILDERS JAPAN ETF   2018-08-03 2024-12-10
776.119 PIMCO UNCONSTRAINED BD FD INSTL CL*   2022-12-23 2024-12-10
2086.777 PGIM HIGH YIELD-R6   2022-12-23 2024-12-10
170. VANGUARD EMERG MKTS GOV BND   2024-02-20 2024-12-10
195. VANGUARD INT-TERM CORPORATE   2023-12-18 2024-12-10
1. ABBVIE INC   2023-10-27 2024-12-16
2. ALPHABET INC-CL C   2013-12-13 2024-12-16
3. AMAZON COM INC     2024-12-16
1. AMERICAN EXPRESS CO   2019-05-16 2024-12-16
3. APPLE COMPUTER INC     2024-12-16
4. BANK OF AMERICA CORPORATION   2023-12-18 2024-12-16
2. BOSTON SCIENTIFIC CORP   2021-12-29 2024-12-16
3. BRISTOL MYERS SQUIBB CO   2022-05-10 2024-12-16
1. CONOCOPHILLIPS   2022-02-08 2024-12-16
1. DISNEY WALT CO   2024-11-21 2024-12-16
3. EXXON MOBIL CORP   2023-09-12 2024-12-16
1. FACEBOOK INC-A   2021-03-05 2024-12-16
1. ARTHUR J GALLAGHER & CO   2022-03-08 2024-12-16
1. HILTON WORLDWIDE HOLDINGS IN   2021-02-24 2024-12-16
1. INGERSOLL RAND INC   2021-05-17 2024-12-16
1. LILLY ELI & CO   2016-04-07 2024-12-16
1. MCDONALDS CORP   2024-05-17 2024-12-16
2. MICROSOFT CORP   2015-02-13 2024-12-16
1. MONDELEZ INTERNATIONAL-W/I   2024-05-13 2024-12-16
1. MONSTER BEVERAGE CORP   2022-08-24 2024-12-16
2. MORGAN STANLEY DEAN WITTER & CO NEW   2022-10-05 2024-12-16
1. NEXTERA ENERGY INC   2024-09-12 2024-12-16
1. NORFOLK SOUTHN CORP   2020-08-04 2024-12-16
7. NVIDIA CORP   2023-03-28 2024-12-16
1. OTIS WORLDWIDE CORP   2024-10-14 2024-12-16
1. PEPSICO INC   2024-09-12 2024-12-16
1. PROGRESSIVE CORP OHIO   2022-04-07 2024-12-16
1. SALESFORCE.COM INC   2024-03-20 2024-12-16
2. SOUTHERN CO   2024-05-17 2024-12-16
1. STRYKER CORP   2023-09-13 2024-12-16
1. TJX COS INC NEW   2023-09-22 2024-12-16
1. TEXAS INSTRS INC   2020-06-24 2024-12-16
1. THERMO ELECTRON CORP   2024-01-29 2024-12-16
1. WASTE CONNECTIONS INC   2021-01-08 2024-12-16
3. WELLS FARGO & CO NEW   2021-03-03 2024-12-16
1. LINDE PLC   2019-04-25 2024-12-16
2. NXP SEMICONDUCTORS NV   2024-11-13 2024-12-16
49. ADVANCED MICRO DEVICES INC   2020-11-06 2024-12-17
3. COSTCO WHSL CORP NEW     2024-12-17
2. COSTCO WHSL CORP NEW   2021-10-27 2024-12-17
39. NVIDIA CORP     2024-12-17
18. T-MOBILE US INC     2024-12-17
31. T-MOBILE US INC     2024-12-17
(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 3,009   1,599 1,410
b 885   498 387
c 1,975   1,028 947
d 29,500   16,228 13,272
e 23,828   22,321 1,507
1,936   2,786 -850
1,014   1,336 -322
901   1,290 -389
16,800   19,239 -2,439
1,804   857 947
1,785   524 1,261
2,854   2,080 774
3,574   1,936 1,638
24,300   28,195 -3,895
3,647   3,578 69
19,373   22,965 -3,592
2,369   1,249 1,120
2,124   1,076 1,048
4,505   3,945 560
413   359 54
135   148 -13
3,237   3,540 -303
133   148 -15
23     23
5,945   486 5,459
168   137 31
356   58 298
550   295 255
224   120 104
313   276 37
231   130 101
125   228 -103
219   194 25
109   117 -8
504   258 246
148   126 22
91   49 42
599   463 136
222   20 202
444   354 90
885   515 370
132   144 -12
192   188 4
95   83 12
73   74 -1
926   183 743
164   172 -8
205   120 85
109   89 20
169   105 64
114   76 38
36,300   17,666 18,634
18,500   14,090 4,410
11,864   7,847 4,017
6,177   1,085 5,092
1,283   902 381
4,496   2,322 2,174
3,053   4,736 -1,683
2,473   671 1,802
608   289 319
1,824   863 961
189   285 -96
568   703 -135
1,516   2,247 -731
377   468 -91
608   286 322
607   286 321
187   234 -47
603   286 317
609   285 324
603   266 337
618   266 352
620   266 354
619   266 353
403   359 44
404   359 45
403   359 44
405   359 46
618   266 352
812   717 95
405   359 46
609   266 343
611   266 345
4,403   3,787 616
400   343 57
1,070   668 402
8,545   5,330 3,215
140   86 54
352   54 298
425   197 228
1,588   1,584 4
92   69 23
177   86 91
294   380 -86
112   91 21
121   117 4
578   258 320
423   363 60
231   56 175
103   49 54
594   454 140
520   487 33
298   272 26
427   43 384
66   72 -6
56   47 9
133   83 50
150   167 -17
742   131 611
224   145 79
100   106 -6
165   177 -12
335   304 31
348   318 30
239   145 94
205   124 81
598   463 135
146   76 70
365   137 228
456   344 112
114   91 23
1,824   1,461 363
336   274 62
1,490   148 1,342
745   74 671
2,739   2,345 394
54   45 9
108   90 18
2,601   1,590 1,011
2,259   1,721 538
452   344 108
906   529 377
541   451 90
16,500   14,208 2,292
26,523   26,789 -266
21,870   33,049 -11,179
26,140   26,108 32
29,180   23,483 5,697
1,795   1,505 290
10,656   8,933 1,723
7,800   7,513 287
10,100   9,599 501
11,067   10,597 470
15,996   15,749 247
172   137 35
397   54 343
692   284 408
303   120 183
749   678 71
181   135 46
182   86 96
169   228 -59
100   91 9
113   115 -2
328   352 -24
620   258 362
287   150 137
254   127 127
100   49 51
787   74 713
301   272 29
897   87 810
62   72 -10
53   45 8
256   166 90
74   84 -10
242   192 50
915   183 732
97   106 -9
158   177 -19
251   120 131
354   304 50
166   159 7
374   296 78
124   89 35
190   124 66
533   557 -24
180   105 75
212   114 98
433   176 257
439   447 -8
6,124   4,198 1,926
2,972   1,629 1,343
1,973   977 996
5,025   979 4,046
4,028   2,596 1,432
6,878   4,296 2,582
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       1,410
b       387
c       947
d       13,272
e       1,507
      -850
      -322
      -389
      -2,439
      947
      1,261
      774
      1,638
      -3,895
      69
      -3,592
      1,120
      1,048
      560
      54
      -13
      -303
      -15
      23
      5,459
      31
      298
      255
      104
      37
      101
      -103
      25
      -8
      246
      22
      42
      136
      202
      90
      370
      -12
      4
      12
      -1
      743
      -8
      85
      20
      64
      38
      18,634
      4,410
      4,017
      5,092
      381
      2,174
      -1,683
      1,802
      319
      961
      -96
      -135
      -731
      -91
      322
      321
      -47
      317
      324
      337
      352
      354
      353
      44
      45
      44
      46
      352
      95
      46
      343
      345
      616
      57
      402
      3,215
      54
      298
      228
      4
      23
      91
      -86
      21
      4
      320
      60
      175
      54
      140
      33
      26
      384
      -6
      9
      50
      -17
      611
      79
      -6
      -12
      31
      30
      94
      81
      135
      70
      228
      112
      23
      363
      62
      1,342
      671
      394
      9
      18
      1,011
      538
      108
      377
      90
      2,292
      -266
      -11,179
      32
      5,697
      290
      1,723
      287
      501
      470
      247
      35
      343
      408
      183
      71
      46
      96
      -59
      9
      -2
      -24
      362
      137
      127
      51
      713
      29
      810
      -10
      8
      90
      -10
      50
      732
      -9
      -19
      131
      50
      7
      78
      35
      66
      -24
      75
      98
      257
      -8
      1,926
      1,343
      996
      4,046
      1,432
      2,582
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 90,463
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 1,709
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 1,709
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 1,709
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 1,084
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,084
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 9 625
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 arrow0 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMI
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 .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowJP MORGAN CHASE BANK NA Telephone no.right arrow (800) 496-2583

Located atright arrow10 S DEARBORN ST MC IL1-0111CHICAGOIL ZIP+4right arrow60606
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
JP MORGAN CHASE BANK NA TRUSTEE
2 		34,824    
10 S DEARBORN ST MC IL 1-0111
CHICAGO,IL60606
MELISSA A BABCOCK CO-TRUSTEE
1 		5,000    
47598 ARBOR TRAIL
NORTHVILLE,MI48168
PHILIP VESTEVICH CO-TRUSTEE
1 		10,000    
370 E MAPLE ROAD 3RD FLOOR
BRIMINGHAM,MI48009
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
2,506,130
b
Average of monthly cash balances.......................
1b
55,234
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
2,561,364
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
2,561,364
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
38,420
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,522,944
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
126,147
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
126,147
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
1,709
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,709
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
124,438
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
124,438
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
124,438
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
110,522
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
110,522
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 7 124,438
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 90,633
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
b From 2020...... 0
c From 2021...... 0
d From 2022...... 0
e From 2023...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 110,522
a Applied to 2023, but not more than line 2a 90,633
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..... 19,889
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 .......... 		104,549
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 0
e Excess from 2024.... 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NA
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.
NA
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

MOUNT VERNON LADIES ASSOCIATION

3200 MT VERNON MEMORIAL HWY
MT VERNON,VA221210110 		NONE PC GENERAL 90,633
Total .................................right arrow 3a 90,633
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 63,633  
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 90,463  
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) ..   154,096  
13Total. Add line 12, columns (b), (d), and (e)..................
13
154,096
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 ExplnOfNonFilingWithAGStmt
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Statement:
THE MICHIGAN OFFICE OF THE ATTORNEY GENERAL HAS INDICATED THAT NO FORMS 990-PF SHOULD BE FILED WITH THE STATE UNLESS A CHARITABLE ORGANIZATION HAS PRE-REGISTERED WITH THE OFFICE. ALTHOUGH THE SITUS OF THIS TRUST IS MICHIGAN, IT DOES NOT SOLICIT CONTRIBUTIONS FROM THE PUBLIC NOR DOES IT HOLD ASSETS WITHIN THE STATE AND THEREFORE IT DOES NOT MEET THE REGISTRATION REQUIREMENTS OF THE STATE OF MICHIGAN. AS A RESULT, THE TRUST DOES NOT FURNISH A COPY OF ITS FORM 990-PF TO THE STATE.

TY 2024 InvestmentsCorpBondsSchedule
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Name of Bond End of Year Book Value End of Year Fair Market Value
92203J308 VANGUARD TTL INTL BN 26,630 24,816
54401E143 LORD ABBETT SHRT DUR 48,396 46,198
464287432 ISHARES 20+ YEAR TRE    
74440Y884 PGIM HIGH YIELD-R6 27,881 28,237
92206C771 VANGUARD MORTGAGE-BA 78,629 77,078
921937835 VANGUARD TOTAL BOND 48,783 46,094
09260B614 BLACKROCK HIGH YIELD 62,040 63,449
92203J407 VANGUARD TOTAL INTL 71,414 72,594
92206C870 VANGUARD INT-TERM CO 52,497 52,176
921946885 VANGUARD EMERG MKTS 12,779 12,946

TY 2024 InvestmentsCorpStockSchedule
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Name of Stock End of Year Book Value End of Year Fair Market Value
101137107 BOSTON SCIENTIFIC CO 4,086 16,435
110122108 BRISTOL-MYERS SQUIBB 14,466 13,744
438516106 HONEYWELL INTERNATIO 1,981 8,132
532457108 ELI LILLY & CO 947 10,036
548661107 LOWE'S COS INC 620 7,898
594918104 MICROSOFT CORP 5,369 83,036
609207105 MONDELEZ INTERNATION 5,080 8,123
617446448 MORGAN STANLEY 3,339 19,109
713448108 PEPSICO INC 9,311 12,469
723787107 PIONEER NATURAL RESO    
882508104 TEXAS INSTRUMENTS IN 5,218 15,001
949746101 WELLS FARGO & CO 8,994 19,456
02079K107 ALPHABET INC-CL C 4,154 42,087
02079K305 ALPHABET INC-CL A    
09062X103 BIOGEN INC    
30303M102 META PLATFORMS INC-C 12,026 50,939
57636Q104 MASTERCARD INC - A 6,675 33,700
65339F101 NEXTERA ENERGY INC 7,891 11,399
91324P102 UNITEDHEALTH GROUP I 3,630 30,857
94106B101 WASTE CONNECTIONS IN 3,209 9,094
023135106 AMAZON.COM INC 9,440 60,990
032654105 ANALOG DEVICES INC    
037833100 APPLE INC 20,209 74,375
060505104 BANK OF AMERICA CORP 5,514 15,470
655844108 NORFOLK SOUTHERN COR 6,766 11,266
67066G104 NVIDIA CORP 7,581 84,871
025816109 AMERICAN EXPRESS CO 5,408 14,543
315911727 FIDELITY INTL INDX-I 174,976 186,378
315911750 FIDELITY 500 INDEX F 209,655 420,309
00287Y109 ABBVIE INC 8,308 18,659
337738108 FISERV INC 12,191 18,077
580135101 MCDONALD'S CORP 15,262 18,263
N6596X109 NXP SEMICONDUCTORS N 5,994 11,016
007903107 ADVANCED MICRO DEVIC    
09857L108 BOOKING HOLDINGS INC 8,455 24,842
461202103 INTUIT INC    
518439104 ESTEE LAUDER COMPANI    
883556102 THERMO FISHER SCIENT 7,057 8,324
N07059210 ASML HOLDING NV-NY R 4,037 6,931
20825C104 CONOCOPHILLIPS 10,136 15,768
22160K105 COSTCO WHOLESALE COR 6,348 11,912
244199105 DEERE & CO    
363576109 ARTHUR J GALLAGHER & 6,171 12,489
43300A203 HILTON WORLDWIDE HOL 5,937 11,617
45687V106 INGERSOLL RAND INC 4,650 8,684
46120E602 INTUITIVE SURGICAL I 6,383 10,961
46641Q191 JPMORGAN BETABUILDER 144,632 151,574
46641Q217 JPMORGAN BETABUILDER 43,116 49,236
46641Q225 JPMORGAN BETABUILDER 34,519 53,648
46641Q233 JPMORGAN BETABUILDER 21,006 20,719
679580100 OLD DOMINION FREIGHT 6,613 8,291
75886F107 REGENERON PHARMACEUT 5,835 7,836
G29183103 EATON CORP PLC 6,310 15,930
30231G102 EXXON MOBIL CORP 19,378 25,494
61174X109 MONSTER BEVERAGE COR 4,912 5,834
743315103 PROGRESSIVE CORP 10,354 21,086
78409V104 S&P GLOBAL INC 8,211 11,455
872590104 T-MOBILE US INC    
464287507 ISHARES CORE S&P MID    
573284106 MARTIN MARIETTA MATE 10,603 12,913
842587107 THE SOUTHERN COMPANY 14,800 16,299
863667101 STRYKER CORP 9,164 11,162
872540109 TJX COMPANIES INC 5,874 8,698
G54950103 LINDE PLC 6,737 17,165
11135F101 BROADCOM INC 17,102 16,692
127387108 CADENCE DESIGN SYS I 7,358 7,211
254687106 WALT DISNEY CO/THE 11,573 11,246
68902V107 OTIS WORLDWIDE CORP 13,450 12,132
79466L302 SALESFORCE INC 16,935 19,725
824348106 SHERWIN-WILLIAMS CO/ 6,085 5,439

TY 2024 InvestmentsOtherSchedule2
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
09257V508 BLACKSTONE ALT MULTI AT COST 50,995 50,397
64128R608 NEUBERGER BERM LNG S AT COST 20,285 26,409
72201U638 PIMCO MRTG OPP & BND AT COST 26,600 26,361
72201M487 PIMCO DYNAMIC BOND-I AT COST 12,887 13,287
024525669 AMERICAN BEACON AHL AT COST 13,400 13,370

TY 2024 OtherDecreasesSchedule
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Description Amount
ADJUSTMENT OF CARRYING VALUE 7
2024 TRANSACTION POSTED IN 2025 1,011
MUTUAL FUND ADJUSTMENT 8


TY 2024 OtherIncreasesSchedule
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Description Amount
2023 TRANSACTION POSTED IN 2024 596
ROUNDING 8


TY 2024 TaxesSchedule
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 108 108   0
FEDERAL TAX PAYMENT - PRIOR YE 482 0   0
FEDERAL ESTIMATES - INCOME 1,084 0   0
FOREIGN TAXES ON QUALIFIED FOR 920 920   0
FOREIGN TAXES ON NONQUALIFIED 177 177   0