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
JOE AND MARY ANN CROMEANS CHARITABLE
FOUNDATION TRUST
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 352
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ORANGE BEACH, AL36561
A Employer identification number

85-1191628
B Telephone number (see instructions)

(251) 923-9297
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$26,393,527J 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... 564,575 558,560  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 682,200
b Gross sales price for all assets on line 6a 11,530,608
7 Capital gain net income (from Part IV, line 2)... 682,200
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........ 1,246,775 1,240,760  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 205,000 0   205,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
17,000 8,500   8,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
121,792 91,344   30,448
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
59,581 6,242   15,491
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 734 0   734
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,768 0   1,768
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 405,875 106,086   261,941
25 Contributions, gifts, grants paid....... 846,500 846,500
26 Total expenses and disbursements. Add lines 24 and 25 1,252,375 106,086   1,108,441
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,600
b Net investment income (if negative, enter -0-) 1,134,674
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............. 53,351 130,761 130,761
2 Savings and temporary cash investments......... 1,318,653 231,264 231,264
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) 3,868,644 Click to see attachment
List of Attached Documents:
// Content
4,291,031 		4,226,873
b Investments—corporate stock (attach schedule)....... 12,900,708 Click to see attachment
List of Attached Documents:
// Content
13,379,475 		17,338,829
c Investments—corporate bonds (attach schedule)....... 4,270,466 Click to see attachment
List of Attached Documents:
// Content
4,439,824 		4,465,800
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) 22,411,822 22,472,355 26,393,527
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 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........ 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 22,411,822 22,472,355
29 Total net assets or fund balances (see instructions)..... 22,411,822 22,472,355
30 Total liabilities and net assets/fund balances (see instructions). 22,411,822 22,472,355
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
22,411,822
2
Enter amount from Part I, line 27a .....................
2
-5,600
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
66,133
4
Add lines 1, 2, and 3 ..........................
4
22,472,355
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
22,472,355
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 HANCOCK PUBLIC SECURITIES P    
b HANCOCK PUBLIC SECURITIES P    
c HANCOCK PUBLIC SECURITIES P    
d CAPITAL GAINS DIVIDENDS P    
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6,701,598   6,792,265 -90,667
b 4,828,000   4,055,393 772,607
c 996   750 246
d 14     14
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       -90,667
b       772,607
c       246
d       14
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 2 682,200
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 15,772
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 15,772
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 15,772
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 10,000
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 10,000
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 5,772
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 arrowAL
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 arrowCROMEANSFOUNDATION.ORG
14
The books are in care ofright arrowTHE FOUNDATION Telephone no.right arrow (251) 923-9297

Located atright arrowPO BOX 352ORANGE BEACHAL ZIP+4right arrow36561
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
JOE GRAY CROMEANS JR TRUSTEE/CHAIRMAN
40.00 		165,000 0 0
PO BOX 1955
ORANGE BEACH,AL36561
JENNIFER M BLANCHARD DISTRIBUTION COMMITTEE
20.00 		40,000 0 0
PO BOX 352
ORANGE BEACH,AL36561
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
25,176,269
b
Average of monthly cash balances.......................
1b
678,775
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
25,855,044
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
25,855,044
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
387,826
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
25,467,218
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,273,361
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
1,273,361
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
15,772
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
15,772
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,257,589
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,257,589
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
1,257,589
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
1,108,441
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
1,108,441
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 1,257,589
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 1,097,740
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,108,441
a Applied to 2023, but not more than line 2a 1,097,740
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..... 10,701
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 .......... 		1,246,888
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
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 e-mail address of the person to whom applications should be addressed:
GRAY CROMEANS
PO BOX 352
ORANGE BEACH,AL36561
(251) 923-9297
bThe form in which applications should be submitted and information and materials they should include:
MEDICAL AND PERFORMING ARTS MAJORS MAY APPLY THROUGH THE FINANCIAL AID DEPARTMENT AT VARIOUS PRE-SELECTED UNIVERSITIES
cAny submission deadlines:
UNIVERSITY SPECIFIC
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
AWARDED ONLY TO STUDENTS OF MEDICAL OR PERFORMING ARTS MAJORS
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

AUBURN UNIVERSITY FOUNDATION

317 S COLLEGE ST
AUBURN,AL36849 		  PC SCHOLARSHIPS 35,000

CHRISTIAN SERVICE CENTER

PO BOX 227
LANETT,AL36863 		  PC COMMUNITY WELFARE 125,500

COASTAL ALABAMA COMMUNITY COLLEGE

1900 US-31
BAY MINETTE,AL36507 		  PC SCHOLARSHIP 50,000

COASTAL BALDWIN EDUCTAIONAL ENRICHMENT FOUNDATION

3150 GULF SHORES PARKWAY
GULF SHORES,AL36542 		  PC SCHOLARSHIPS 3,000

JENNIFER CLAIRE MOORE FOUNDATION

819 N MCKENZIE ST
FOLEY,AL36535 		  PC COMMUNITY WELFARE 23,000

MOBILE SYMPHONY INC

257 DAUPHIN ST
MOBILE,AL36602 		  PC ARTS AND COMMUNITY WELFARE 30,500

SAFE HARBOR ANIMAL COALITION

820 CREIGHTON RD
PENSACOLA,FL32504 		  PC COMMUNITY WELFARE AND ANIMAL PROTECTION 15,000

SAMFORD UNIVERSITY

800 LAKESHORE DRIVE
BIRMINGHAM,AL35229 		  PC SCHOLARSHIPS 30,000

SOUTH BALDWIN LITERACY COUNCIL

21441 US-98
FOLEY,AL36535 		  PC EDUCATION AND COMMUNITY WELFARE 25,000

SPRING HILL COLLEGE

4000 DAUPHIN ST
MOBILE,AL36608 		  PC SCHOLARSHIPS 35,000

TROY UNIVERSITY FOUNDATION

301 ADAMS ADMIN BLDG
TROY,AL36082 		  PC SCHOLARSHIPS 30,000

UNIVERSITY OF ALABAMA AT BIRMINGHAM

1720 UNIVERSITY BLVD
BIRMINGHAM,AL35294 		  PC SCHOLARSHIPS 35,000

UNIVERSITY OF ALABAMA IN HUNTSVILLE

301 SPARKMAN DR NW
HUNTSVILLE,AL35899 		  PC SCHOLARSHIPS 35,000

UNIVERSITY OF MOBILE

5735 COLLEGE PKWY
MOBILE,AL36613 		  PC SCHOLARSHIPS 50,000

UNIVERSITY OF MONTEVALLO FOUNDATION

STATION 6215
MONTEVALLO,AL35115 		  PC SCHOLARSHIPS 35,000

UNIVERSITY OF SOUTH ALABAMA

307 N UNIVERSITY BLVD
MOBILE,AL36688 		  PC SCHOLARSHIPS 30,000

BALDWIN COUNTY ANGELS

18450 HWY 104
ROBERTSDALE,AL36567 		  PC COMMUNITY WELFARE 15,000

BALDWIN COUNTY EDUCATION COALITION

PO BOX 932
SUMMERDALE,AL36580 		  PC COMMUNITY WELFARE 25,000

BALDWIN FAMILY VILLAGE

155 S SECTION ST
FAIRHOPE,AL36532 		  PC COMMUNITY WELFARE 15,000

CHILDREN OF THE WORLD

22787 US-98
FAIRHOPE,AL36532 		  PC COMMUNITY WELFARE 15,000

COASTAL ARTS CENTER OF ORANGE BEACH

26389 CANAL RD
ORANGE BEACH,AL36561 		  PC COMMUNITY WELFARE 1,200

EASTERN SHORE REPERTORY THEATRE

1410 CAPTAIN ONEAL DR
DAPHNE,AL36526 		  PC COMMUNITY WELFARE 15,000

ECUMENICAL MINISTIRES INC

564 FAIRHOPE AVE
FAIRHOPE,AL36532 		  PC COMMUNITY WELFARE 23,300

FOSTERING TOGETHER GULF COAST

3251 OLD SHELL RD
MOBILE,AL36607 		  PC COMMUNITY WELFARE 15,000

MOBILE COUNTY HUMANE SOCIETY

PO BOX 850093
MOBILE,AL36685 		  PC COMMUNITY WELFARE 10,000

MARY'S SHELTER GULF COAST

14004 BOROS RD
ELBERTA,AL36530 		  PC COMMUNITY WELFARE 15,000

ORANGE BEACH MIDDLEHIGH SCHOOL THEATRE PROGRAM

23908 CANAL ROAD
ORANGE BEACH,AL36561 		  PC COMMUNITY WELFARE 5,000

PRODISEE PANTRY

9315 SPANISH FORT BLVD
SPANISH FORT,AL36527 		  PC COMMUNITY WELFARE 15,000

SOUTH BALDWIN COMMUNITY THEATRE

2022 W 2ND ST
GULF SHORES,AL36542 		  PC COMMUNITY WELFARE 15,000

STRAY LOVE FOUNDATION

PO BOX 76
MAGNOLIA SPRINGS,AL36555 		  PC COMMUNITY WELFARE 15,000

THE HAVEN

559 S SECTION ST
FAIRHOPE,AL36532 		  PC COMMUNITY WELFARE 15,000

THE LIGHTHOUSE

PO BOX 531
ROBERTSDALE,AL36567 		  PC COMMUNITY WELFARE 15,000

UNDER HIS WINGS

PO BOX 91
ROBERTSDALE,AL36567 		  PC COMMUNITY WELFARE 20,000

YOUTH REACH

25062 CO 38
SUMMERDALE,AL36580 		  PC COMMUNITY WELFARE 10,000
Total .................................right arrow 3a 846,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 564,575  
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 ............ 		    18 682,200  
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 1,246,775 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,246,775
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
JOE AND MARY ANN CROMEANS CHARITABLE
 
FOUNDATION TRUST
EIN:
85-1191628
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 17,000 8,500   8,500

TY 2024 InvestmentsCorpBondsSchedule
Name:
JOE AND MARY ANN CROMEANS CHARITABLE
 
FOUNDATION TRUST
EIN:
85-1191628
Name of Bond End of Year Book Value End of Year Fair Market Value
87000 031162DQ0 AMGEN INC 5.25% 03/02/2023-2023 90,162 87,828
82000 00440EAV9 CHUBB INA HOLDINGS INC INA HOLDINGS 3.35% 05/03/2026 78,920 80,721
108000 00774MAW5 AERCAP IRELAND CAP/GLOBA 3% 10/29/2028-2028 94,222 99,980
180000 06051GHT9 BANK OF AMERICA CORP 3.559% 04/23/2027 170,939 177,127
72000 023135BX3 AMAZON.COM INC 1% 05/12/2026-2026 64,881 68,885
103000 03027XAK6 AMERICAN TOWER CORP 3.375% 10/15/2026-2026 96,598 100,605
91000 03522AAH3 ANHEUSER-BUSCH 4.7% 02/01/2036 87,818 86,265
123000 49326EEK5 KEYCORP 2.25% 04/06/2024 112,635 116,041
123000 5077LAV8 KRAFT KEINZ FOODS CO 3.75% 04/01/2023-2023 116,826 116,249
115000 863667BF7 STRYKER CORP 4.625% 09/11/2023-2023 112,250 109,799
143000 06406RBN6 BANK OF NY MELLON CORP VAR 4.543% 02/01/2029-2028 141,140 141,899
93000 084670BS6 BERKSHIRE HATHAWAY INC 3.125% 03/15/2026 89,725 91,573
101000 437076BW1 HOME DEPOT INC 3.9% 12/06/2028 97,301 98,427
23217 464288588 ISHARES MBS ETF 2,147,316 2,128,535
165000 46647PBA3 JPMORGAN CHASE & CO 3.96% 01/29/2027 158,706 163,718
97000 58013MFQ2 MCDONALDS CORP 3.6% 07/01/2030-2030 88,806 91,010
77000 66989HAQ1 NOVARTIS CAPITAL CORP 2% 02/14/2027-2026 70,777 73,219
95000 693475AZ8 PNC FINANCIAL SERVICES 2.55% 01/22/2030-2029 79,628 84,352
96000 713448DY1 PEPSICO INC 3% 10/15/2027 91,260 92,420
149000 87264ABV6 T-MOBILE USA INC 3.375% 04/15/2029-2024 134,260 139,070
141000 91159HHZ6 US BANCORP 1.45% 05/12/2025-2025 137,540 136,439
77000 91324PDE9 UNITEDHEALTH 2.95% 10/15/2027 71,666 73,704
110000 92343VER1 VERIZON COMM INC 4.329% 09/21/2028 106,448 107,934

TY 2024 InvestmentsCorpStockSchedule
Name:
JOE AND MARY ANN CROMEANS CHARITABLE
 
FOUNDATION TRUST
EIN:
85-1191628
Name of Stock End of Year Book Value End of Year Fair Market Value
3449 02079K305 ALPHABET INC INC CL A 428,770 652,896
3150 023135106 AMAZON.COM INC 495,157 691,079
550 025816109 AMERICAN EXPRESS CO 85,987 163,235
618 03073E105 CENCORA INC 119,765 138,852
318 031162100 AMGEN INC 74,348 82,884
208 031652100 AMKOR TECHNOLOGY INC 5,402 5,344
402 03676B102 ANTERO MIDSTREAM CORP 4,192 6,066
4032 037833100 APPLE INC 424,758 1,009,693
892 038222105 APPLIED MATERIALS INC COM 121,758 145,066
1480 040413106 ARISTA NETWORKS INC 61,320 163,584
477 045487105 ASSOCIATED BANC CORP 7,563 11,400
064058100 1614 BANK OF NEW YORK MELLON CORP 101,717 124,004
38 0028696207 ABERCROMBIE & FITCH 5,763 5,680
108 07831C103 BELLRING BRANDS INC NEW 6,441 8,137
64 00508Y102 ACUITY BRANDS INC 17,015 18,696
1501 11135F101 BROADCOM INC 153,932 347,992
87 117043109 BRUNSWICK CORP 7,041 5,627
118 12008R107 BUILDERS FIRSTSOURCE INC 14,919 16,866
980 020002101 ALLSTATE CORP 176,103 188,934
1065 127055101 CABOT CORP 71,717 97,245
26 127190304 CACI INTERNATIONAL CL A 8,625 10,506
40 03783C100 APPFOLIO INC CL A 10,126 9,869
123 15118V207 CELSIUS HOLDINGS I COM NEW 7,050 3,240
2012 084423102 BERKLEY W R CORP 108,656 117,742
123 103304101 BOYD GAMING CORP 8,770 8,922
3608 110122108 BRISTOL-MYERS SQUIBB 171,382 204,069
460 166764100 CHEVRON CORPORATION 45,760 66,626
21 122017106 BURLINGTON STORES, INC 6,054 5,986
52 184496107 CLEAN HARBORS INC 9,799 11,967
155 191098102 COCA COLA CONSOLIDATED INC 122,238 195,298
157 12621E103 CNO FINANCIAL GROUP, INC 5,817 5,842
76 172755100 CIRRUS LOGIC INC. 9,528 7,568
49 204166102 COMM COMMVAULT SYS INC 3,501 7,395
809 20825C104 CONOCOPHILLIPS 82,728 80,229
1063 201723103 COMMERCIAL METALS CO 63,221 52,725
410 219948106 CORPAY INC 125,468 138,752
69 231561101 CURTISS-WRIGHT CORP 12,094 24,486
440 243537107 DECKERS OUTDOOR CORP 40,274 89,360
68 227046109 CROCS INC 9,425 7,448
192 26210C104 DROPBOX INC CL A 5,047 5,768
262 26884U109 EPR PROPERTIES 11,385 11,601
535 29084Q100 EMCOR GROUP INC COM 100,933 242,837
158 29605J106 ESAB CORP. COM 10,110 18,951
47 29977A105 EVERCORE INC 6,600 13,028
456 30161Q104 EXELIXIS INC 10,135 15,185
71 229899109 CULLEN FROST BKRS INC 8,037 9,532
385 231021106 CUMMINS INC 113,817 134,211
1341 30231G102 EXXON MOBIL CORP 138,992 144,251
117 23345M107 DT MIDSTREAM INC COMMON STOCK 10,203 11,633
687 30303M102 META PLATFORMS INC 217,308 402,245
187 257651109 DONALDSON CO INC 14,090 12,594
26 26603R106 DUOLINGO INC CL A COM 8,873 8,430
21 26969P108 EAGLE MATERIALS 5,296 5,182
96 29261A100 ENCOMPASS HEALTH CORP 9,024 8,866
565 30212P303 EXPEDIA GROUP INC 102,768 105,276
164 384802104 WW GRAINGER INC 126,463 172,864
90 403949100 HF SINCLAIR CORPORATION COM 5,471 3,155
439 320517105 FIRST HORIZON CORP 8,865 8,841
409 437076102 HOME DEPOT INC COM 109,178 159,097
25 443510607 HUBBELL INC 7,908 10,472
88 45073V108 ITT INC 7,610 12,573
1743 37045V100 GENERAL MOTORS CO MOTORS CO 101,150 92,850
56 457187102 INGREDION INC 5,882 7,703
71 45867G101 INTERDIGITAL INC 6,522 13,754
31824 46090F100 INVESCO OPTIMUM YIELD DRIVERS 436,798 413,394
473 46120E602 INTUITIVE SURGICAL INC 157,078 246,887
1552 464287655 ISHARES RUSSELL 2000 ETF 294,067 342,930
6362 464288372 ISHARES S&P GLOBAL INFRASTRUCTURE ETF 298,014 332,542
11660 46432F842 ISHARES CORE MSCI EAFE ETF 771,050 819,465
5223 46434G103 ISHARES CORE MSCI EMERGING MARKETS 255,204 272,745
16053 46434G764 ISHARES MSCI EMR MRK EX CHINA ETF 875,381 890,139
936 46625H100 JP MORGAN CHASE & CO 126,403 224,369
90 466313103 JABIL INC 11,198 12,951
1217 40637H109 HALOZYME THERAPEUTICS INC 67,037 58,185
44 48020Q107 JONES LANG LASALLE INC 6,463 11,138
118 42226A107 HEALTHEQUITY INC 9,790 11,322
12 49714P108 KINSALE CAPITAL GROUP INC 4,983 5,582
161 459044103 INTERNATINOAL BANCSHARES COPR 9,782 10,169
184 512816109 LAMAR ADVERTISING 17,053 22,400
168 461202103 INTUIT INC 104,908 105,588
125 532457108 ELI LILLY & CO & CO COM 71,251 96,500
213 48666K109 KB KB HOME 14,291 13,998
372 49427F108 KILROY REALTY CORP 15,459 15,047
319 539830109 LOCKHEED MARTIN CORP COM 119,492 155,015
127 498894104 KNIFE RIVER CORP 11,336 12,908
196 576485205 MATADOR RESOURCES CO 9,994 11,027
170 516544103 LANTHEUS HOLDINGS INC 11,247 15,208
496 58506Q109 MEDPACE HOLDINGS INC 120,396 164,786
2307 594918104 MICROSOFT CORP CORPORATION 689,966 972,401
597 525327102 LEIDOS HOLDINGS INC 101,542 86,004
39 626755102 MURPHY USA INC 11,795 19,568
107 636180101 NATIONAL FUEL GAS CO 5,432 6,493
109 650111107 NEW YORK TIMES 4,748 5,673
23 65336K103 NEXSTAR MEDIA GROUP INC 3,653 3,633
6506 67066G104 NVIDIA CORP COM 498,526 873,691
196 68268W103 ONEMAIN HOLDINGS INC 8,119 10,218
127 690742101 OWENS CORNING INC 15,634 21,631
344 552848103 MGIC INVESTMENT CORP 8,867 8,156
1040 697435105 PALO ALTO NETWORKS INC 140,826 189,238
490 526057104 LENNAR 75,171 66,821
152 609839105 MONOLITHIC POWER SYSTEMS, INC 87,501 89,938
2091 637870106 NATIONAL STORAGE AFFILIATES 91,885 79,270
232 64110L106 NETFLIX INC 139,099 206,786
723 742718109 PROCTER & GAMBLE CO 109,428 121,211
212 670837103 OGE ENERGY CORP 8,735 8,745
215 74624M102 PURE STORAGE INC CL A 7,777 13,207
118 681116109 OLLIES BARGAIN OUTLET HOLDINGS 11,853 12,948
73 75886F107 REGENERON PHARMACEUTICAL 57,822 52,000
77 759509102 RELIANCE INC. 19,547 20,733
2153 78463V107 SPDR GOLD TR GOLD SHS 386,880 521,306
742 78573L106 SABRA HEALTHCARE REIT INC 8,452 12,851
91 705573103 PEGASYSTEMS INC 8,648 8,481
5114 808524888 SCHWAB INTL SMALL CAP EQUITY ETF 170,312 175,564
561 71424F105 PERMIAN RESOURCES CORP CLASS A COM 7,833 8,067
1469 85208M102 SPROUTS FARMERS MARKET INC 62,217 186,666
1174 718172109 PHILIP MORRIS INTL INC 139,680 141,291
186 71880K101 PHINIA INC. COMMON STOCK 8,979 8,960
595 872590104 T-MOBILE US INC 81,163 131,334
668 87612G101 TARGA RES CORP 127,825 119,238
276 87901J105 TEGNA INC 4,386 5,048
998 88033G407 TENET 136,588 125,978
2035 880779103 TEREX CORP NEW 121,945 94,058
238 88160R101 TESLA MOTORS 59,341 96,114
103 882681109 TEXAS ROADHOUSE 11,164 18,584
790 759351604 REINSURANCE GROUP OF AMERICA INC 154,039 168,768
94 783549108 RYDER SYSTEM 12,042 14,745
200 827048109 SILGAN HOLDINGS, INC 10,575 10,410
63 860630102 STIFEL FINANCIAL SORP. 4,814 6,683
44 91307C102 UNITED THERAPEUTICS CORP 9,976 15,525
276 87161C501 SYNOVUS FINANCIAL CORP 14,098 14,139
253 91529Y106 UNUM GROUP 11,662 18,477
7496 92556V106 VIATRIS INC 80,014 93,325
414 92826C839 VISA INC 87,338 130,841
62 87162W100 TD SYNNEX CORP 7,719 7,271
2112 92840M102 VISTRA CORP COM 151,111 291,181
1314 931142103 WALMART INC INC 73,352 118,720
1071 872540109 TJX COS INC 104,778 129,388
38 885160101 THOR INDUSTRIES 4,695 3,541
292 894164102 TRAVEL & LEISURE CO 13,388 14,731
800 902788108 UMB FINANCIAL CORP 96,795 90,288
825 983793100 XPO INC 108,615 108,199
156 G02602103 AMDOCS LIMITED 15,020 13,282
215 G0692U109 AXIS CAPITAL HOLDINGS LTD 11,824 19,053
2213 90353T100 UBER TECHNOLOGIES INC 157,563 133,488
4955 G4474Y214 JANUS HENDERSON GROUP PLC 215,415 210,736
132 G6700G107 NVENT ELECTRIC PLC 6,277 8,997
58 G7496G103 RENAISSANCERE HOLDINGS LTD COM 11,117 14,431
611 91913Y100 VALERO ENERGY CORP NEW COM 96,189 74,902
628 922475108 VEEVA SYSTEMS INC - CLASS A 133,618 132,037
98 928254101 VIRTU FINANCIAL INC-CLASS A 3,554 3,497
866 949746101 WELLS FARGO & CO NEW COM 52,562 60,828
40 G3323L100 FABRINET 8,905 8,795
279 G3922B107 GENPACT LTD 11,935 11,983
93 G48833118 WEATHERFORD INTERNATIONAL 9,604 6,662
643 G7997R103 SEAGATE TECHNOLOGY HOLDINGS PLC 63,016 55,497

TY 2024 InvestmentsGovtObligationsSch
Name:
JOE AND MARY ANN CROMEANS CHARITABLE
 
FOUNDATION TRUST
EIN:
85-1191628
US Government Securities - End of Year Book Value:

4,198,683
US Government Securities - End of Year Fair Market Value:

4,143,547
State & Local Government Securities - End of Year Book Value:


92,348
State & Local Government Securities - End of Year Fair Market Value:


83,326


TY 2024 OtherExpensesSchedule
Name:
JOE AND MARY ANN CROMEANS CHARITABLE
 
FOUNDATION TRUST
EIN:
85-1191628
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES AND SUBSCRIPTIONS 365 0   365
CONTRACT SERVICES 200 0   200
OFFICE EXPENSE 50 0   50
OTHER COSTS 1,153 0   1,153


TY 2024 OtherIncreasesSchedule
Name:
JOE AND MARY ANN CROMEANS CHARITABLE
 
FOUNDATION TRUST
EIN:
85-1191628
Description Amount
TIMING DIFFERENCE 66,133


TY 2024 OtherProfessionalFeesSchedule
Name:
JOE AND MARY ANN CROMEANS CHARITABLE
 
FOUNDATION TRUST
EIN:
85-1191628
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT AND SERVICE FEES 121,792 91,344   30,448


TY 2024 TaxesSchedule
Name:
JOE AND MARY ANN CROMEANS CHARITABLE
 
FOUNDATION TRUST
EIN:
85-1191628
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 15,491 0   15,491
FEDERAL TAX EXPENSE 27,848 0   0
FOREIGN TAXES 6,242 6,242   0
FEDERAL ESTIMATED TAXES 10,000 0   0