Nesbitt Family Charitable Foundation — Form 990PF, tax year 2024

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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
NESBITT FAMILY CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)62 42ND STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DALLAS, PA18612
A Employer identification number

20-3150066
B Telephone number (see instructions)

(570) 639-5492
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$2,692,735J 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) 149,952
2 Check right arrow.............
3 Interest on savings and temporary cash investments 15,741 15,741  
4 Dividends and interest from securities... 61,663 61,663  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
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)..... 0  
11 Other income (attach schedule)....... 0    
12 Total. Add lines 1 through 11........ 227,356 77,404  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 0      
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,000 2,000    
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
16,941 16,941    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,500 1,500    
19 Depreciation (attach schedule) and depletion... 0    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
106 106    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 20,547 20,547   0
25 Contributions, gifts, grants paid....... 136,000 136,000
26 Total expenses and disbursements. Add lines 24 and 25 156,547 20,547   136,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 70,809
b Net investment income (if negative, enter -0-) 56,857
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 36,170 48,142 48,142
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).....   0  
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow     0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 303,360 Click to see attachment
List of Attached Documents:
// Content
318,598 		316,997
b Investments—corporate stock (attach schedule)....... 1,498,737 Click to see attachment
List of Attached Documents:
// Content
1,085,043 		1,724,614
c Investments—corporate bonds (attach schedule)....... 248,498 Click to see attachment
List of Attached Documents:
// Content
685,652 		602,982
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow     0  
15 Other assets (describe right arrow) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,086,765 2,137,435 2,692,735
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe right arrow) 0 0
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........ 2,086,765 2,137,435
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)..... 2,086,765 2,137,435
30 Total liabilities and net assets/fund balances (see instructions). 2,086,765 2,137,435
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
2,086,765
2
Enter amount from Part I, line 27a .....................
2
70,809
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,157,574
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
20,139
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,137,435
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 WELLS FARGO AC 7240-0351 P 2019-06-15 2024-12-31
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 51,874 0 54,410 -2,536
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a 0 0 0 -2,536
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -2,536
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) 1 790
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........................... 3 790
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- ..... 5 790
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 3,713
b Exempt foreign organizations—tax withheld at source...... 6b  
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.............. Part VI Line 7 - Original Return Overpayment : -3713 7 3,713
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 2,923
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow2,923 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$   (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
 
No
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowPA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
 
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
Yes
 
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 arrowTHE FOUNDATION Telephone no.right arrow (570) 639-5492

Located atright arrow62 42ND STDALLASPA ZIP+4right arrow18612
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)
 
No
(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
 
 
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
 
 
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
GERALDINE T NESBITT PRES
5.00 		0 0 0
62 42ND STREET
DALLAS,PA18612
SARA N GOMEZ DIRECTOR
0.00 		0 0 0
270 WHITE BIRCH LANE
MOUNTAIN TOP,PA18707
EDWARD W STANKS JR CPA TREAS
1.00 		2,000 0 0
458 WYOMING AVENUE
KINGSTON,PA18704
BARBARA LEMMOND DIRECTOR
0.00 		0 0 0
58 LEHMAN AVE
DALLAS,PA18612
ANTHONY BROOKS DIRECTOR
0.00 		0 0 0
72 WEST RIVER STREET
Wilkes Barre,PA18702
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 NONE 0
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 NONE MADE 0
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
2,568,960
b
Average of monthly cash balances.......................
1b
79,765
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
2,648,725
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
 
3
Subtract line 2 from line 1d.........................
3
2,648,725
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
39,731
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,608,994
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
130,450
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
130,450
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
790
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
790
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
129,660
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
129,660
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
129,660
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
136,000
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
136,000
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 7 129,660
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 506
b From 2020...... 0
c From 2021...... 0
d From 2022...... 120,000
e From 2023...... 0
f Total of lines 3a through e ........ 120,506
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 136,000
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus 136,000
5 Excess distributions carryover applied to 2024.    
(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 5 256,506
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...... 		 
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 .......... 		129,660
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) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		506
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		256,000
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 120,000
d Excess from 2023.... 0
e Excess from 2024.... 136,000
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:
GERALDINE T NESBITT PRESIDENT
62 42ND STREET
DALLAS,PA18612
(570) 639-5492
bThe form in which applications should be submitted and information and materials they should include:
THEY SHOULD BE IN LETTER FORM STATING THE NEEDS OF THE CHARITY
cAny submission deadlines:
THE BOARD MEETS IN NOVEMBER SO ALL REQUESTS SHOULD BE MAILED BY OCTOBER 31.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE CHARITY MUST BE LOCATED IN LUZERNE, LACKAWANNA, OR WYOMING COUNTIES OF PA.
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

FORTY FORT PARK

26 POMONS STREET
FORTY FORT,PA18704 		  CURRENT INSTALL PLAYGROUND EQUIPMENTAT FORTY FORT PARK 10,000

FORK OVER LOVE

345 MARKET STREET
KINGSTON,PA18704 		  CURRENT GRANT TO SUPPORTMEALS TO STRUGGLINGPEOPLE 5,000

NE PHILHARMONIC

195 HANOVER ST
WILKES BARRE,PA18711 		  CURRENT PROVIDE GRANTFOR CHILDRENS CONCERTSERIES 2,500

WYOMING VALLEY CHILDRENS ASSOC

1133 WYOMING AVENUE
FORTYFORT,PA18704 		  CURRENT PROVIDES EDUCATIONAL &THERAPEUTIC SERVICESTO CHILDREN 15,000

WYOMING SEMINARY PREP SCHOOL

1560 WYOMING AVENUE
FORTY FORT,PA18704 		  CURRENT SCHOLARSHIPS FOR CHILDREN 1ST THROUGH 8TH GRADE 10,000

MTN TOP HOSE CO #1

14 WOODLAWN AVENUE
MOUNTAINTOP,PA18707 		  CURRENT GRANT FOR THERMALIMAGING CAMERA 4,000

WOMENS RESOURCE CENTER

WYOMING AVE
SCRANTON,PA18503 		  CURRENT PROVIDES SAFETY FORABUSED WOMEN 2,500

DINNER FOR KIDS

84 S WYOMING AVENUE
EDWARDSVILLE,PA18704 		  CURRENT PROVIDE DINNERS FORNEEDY CHILDREN WHODO NOT HAVE DINNER AT HOME 5,000

BLUE CHIP FARM ANIMAL REFUGE

974 LOCKVILLE RD
DALLAS,PA18612 		  CURRENT GRANT TO INCREASE SPACEFOR MORE KENNELSAND WARHOUSE SPACE 5,000

NORTH BRANCH LAND TRUST

105 LT MICHAEL CLEARY DR
DALLAS,PA18612 		  CURRENT GRANT TO PROVIDE FUNDSFOR COMMUNITY OUTREACH TOPRESERVE CONSERVATION OF LANDS 5,000

GEISINGER COMMONWEALTH SCHOOL OF MEDICINE

525 PINE STREET
SCRANTON,PA18509 		  CURRENT SCHOLARSHIP FUND FOR ADMITINGSTUDENTS TO THE MEDICAL SCHOOL 10,000

FAMILY SERVICE ASSOC

31 WEST MARKET ST
WILKES BARRE,PA18701 		  CURRENT PROVIDE A GRANT TO PROVIDE SUPPORT FOR PHONE REFERRALS FOR PEOPLE IN DISTRESS 2,500

FM KIRBY CENTER

71 PUBLIC SQUARE
WILKES BARRE,PA18701 		  CURRENT PROVIDE A GRANT FORLAUX YOUNG PEOPLESTHEATRE SERIES 5,000

LEADERSHIP WILKES BARRE

4 PUBLIC SQUARE
WILKES BARRE,PA18701 		  CURRENT GRANT FOR SCHOLARSHIPFOR PARTICIPANT 2,000

OSTERHOUT FREE LIBRARY

71 S FRANKLIN ST
WILKES BARRE,PA18701 		  CURRENT PROVIDE FUNDS FOR A GRANTTO HELP FUND A LOCALHISTORY BOOK FOR CHILDREN 5,000

MISERICORDIA UNIVERSITY

301 LAKE ST
DALLAS,PA18612 		  CURRENT PROVIDE FUNDS TOBUILD A NEW SCIENCE BLDG 15,000

WILKES BARRE PRESERVATION SOCIETY

313 SOUTH RIVER STREET
WILKES BARRE,PA18702 		  CURRENT GRANT TO PROVIDE PRINTINGA HISTORIC BOOK WHICH WILL FUNDRESTORATION OF HISTORIC HOUSE 5,000

KEYSTONE MISSION

PO BOX 470
SCRANTON,PA18501 		  CURRENT GRANT TO PROVIDE HOUSINGAND MEALS FOR HOMELESS 5,000

PENN STATE WILKES BARRE

44 UNIVERSITY DRIVE
DALLAS,PA18612 		  CURRENT GRANT TO PROVIDESCHOLARSHIP 10,000

CASA OF WYOMING VALLEY

667 NORTH RIVER ST
PALINS,PA18705 		  CURRENT GRANT TO PROVIDE OPERATING FUNDS FOR AGENCYWHO ADVOCATES FOR CHILDREN 5,000

DRESS FOR SUCCESS

38 WEST MARKET STREET
WILKES BARRE,PA18701 		  CURRENT GRANT TO PROVIDE CLOTHING FORUNEMPLOYED AND WOMEN IN NEED 2,500

DOMESTIC VIOLENCE SVC CTR

PO BOX 2177
WILKES BARRE,PA18703 		  CURRENT GRANT TO PROVIDE OEPRATINGFUNDS FOR DOMESTICVIOLENCE VICTIMS 2,500

UNITED WAY OF WYOMING VALLEY

100 N PENNSYLVANIA AVE
WILKES BARRE,PA18701 		  CURRENT GRANT TO PROVIDEREADING MATERIALS FORUNDERPRIVELIGE CHILDREN 2,500
Total .................................right arrow 3a 136,000
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 ........... 		    14 15,741  
4 Dividends and interest from securities ....     14 61,663  
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 ............ 		         
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) ..   77,404  
13Total. Add line 12, columns (b), (d), and (e)..................
13
77,404
(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:  
Part VI Line 7 -Original Return Overpayment: -3,713


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

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
NESBITT FAMILY CHARITABLE FOUNDATION
 
Employer identification number

20-3150066
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


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

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
NESBITT FAMILY CHARITABLE FOUNDATION
  		Employer identification number
20-3150066
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
GERALDINE T NESBITT
62 42ND STREET
 
DALLAS, PA18612

$ 49,952


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
NESBITT FAMILY CHARITABLE FOUNDATION
  		Employer identification number

20-3150066
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
NESBITT FAMILY CHARITABLE FOUNDATION
  		Employer identification number

20-3150066
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
NESBITT FAMILY CHARITABLE FOUNDATION
EIN:
20-3150066
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EDWARD STANKS CPA TAX PREPARATION 2,000 2,000    

TY 2024 InvestmentsCorpBondsSchedule
Name:
NESBITT FAMILY CHARITABLE FOUNDATION
EIN:
20-3150066
Name of Bond End of Year Book Value End of Year Fair Market Value
LORD ABBETT BOND DEBENTURE 6.01% 45,202 39,686
LORD ABBETT FLOATING RATE FD 1 15,107 14,731
LORD ABBETT SHORT DURATION INCOME CL 1 79,545 68,606
NYLI MACKAY HIGH YLD CORP BD CL 1 67,852 61,680
NYLI MACKAY STRATEGIC BD FD 1 65,079 60,368
TEMPLETON GLOBAL BD FD CL R6 56,012 33,152
VICTORY FLOATING RATE CL Y 15,102 13,129
ISHARES IBOXX $ INV GRDE CORP BD 42,242 37,529
UNIFORM MBS POOL #SB8232 4.0% 39,950 33,662
TRUIST BK MTN CALL MAKE WHOLE 4.05% 1,101 995
TRUIST BK MTN 3.3% 3/1/26 4,735 4,896
AMERICAN EXPRESS CO NOTE 2.55% 10,457 10,531
JP MORGAN DUE 5/06/30 3,022 2,841
US BANCORP MTN 2.215% 1/27/25 8,380 8,533
J.P. MORGAN CHASE 12/05/2029 6,983 5,880
PUBLIC SERVICE COLORADO DUE 1/15/31 9,589 9,180
NATIONAL RURAL UTILS CORP FIN BOND 3.9% 11/1/28 4,851 4,828
JOHNSON & JOHNSON SR UNSECURED DUE 3/1/26 9,139 8,799
TEXAS INSTRUMENTS INC DUE 9/15/31 10,253 10,054
ALABAMA POWER CO DUE 3/15/32 10,279 9,653
PUBLIC SERVICE CO COLD SER 37 BD 1,643 1,645
PACIFIC BOND CALL MAKE 3.5% 6/15/29 3,385 2,824
ALLSTATE CPN .750% DUE 12/15/25 5,412 5,786
BANK OF AMERICA CORP SER N MTN 4.271% 7/23/29 10,534 9,743
WALT DISNEY MED TRM NOTES DUE 7/30/26 12,272 13,441
GOLDMAN SACHS GRP INC NOTE 3.8% 3/15/30 9,435 9,378
BANK OF NEW YORK MELLON DUE 6/13/28 10,696 10,800
MASTERCARD DUE 3/26/30 6,617 5,607
DUKE ENERGY FLORIDA LLC CPN 2.538% DUE 9/1/29 8,864 6,857
ECOLAB INC NOTE CALL 4.8% 3/24/30 5,121 5,006
US BANCORP TERM NOTE DUE 4/26/28 925 970
ONCOR ELEC DELIV 3.7% DUE 11/15/28 3,201 2,885
STATE STREET CORP DUE 8/4/33 8,905 8,398
PNC BANK SUB DBNTR DUE 7/26/28 10,383 10,627
MIDAMERICAN ENERGY DUE 4/15/29 2,769 2,861
COCA COLA NOTE CALL 3.45% 3/25/30 6,881 5,660
VISA INC NOTE CALL 2.05% 4/15/30 3,005 2,623
NORTHERN TR CORP NOTE 1.95% 5/1/30 8,264 7,771
ISHARES TRUST 1-3 TREASUEY BD 36.91% 16,932 16,453
VANGUARD SCOTTSDALE FDS LT 5.19% 45,528 34,914

TY 2024 InvestmentsCorpStockSchedule
Name:
NESBITT FAMILY CHARITABLE FOUNDATION
EIN:
20-3150066
Name of Stock End of Year Book Value End of Year Fair Market Value
AFLAC INC 14,231 46,240
AMERICAN TOWER CORP 8,400 18,341
APPLE INC 36,646 130,365
APTAR GROUP INC 8,433 25,136
AT&T INC 22,172 21,632
AUTOMATIC DATA PROCESSING 14,422 52,960
BAXTER INTERNATIONAL INC 22,162 14,692
CORNING 28,506 36,339
CMS ENERGY CORP 3,161 13,298
COCA COLA COMPANY 16,045 24,445
COMMERCE BANCSHARES INC 12,915 26,940
CVS CAREMARK CORP 21,601 13,467
EMERSON ELECTRIC CO 10,329 23,671
GENERAL MILLS 6,647 9,566
JP MORGAN CHASE 17,205 59,928
EXXON MOBIL 13,968 16,269
INTEL CORP 16,857 12,099
INTERNATIONAL BUS MACHINES 18,932 26,596
JM SMUCKER CO 13,551 16,674
JOHNSON & JOHNSON 77,533 82,847
KELLANOVA 13,584 22,425
LEGETT & PLATT INC 9,102 2,891
LINDE PLC 16,814 42,830
LOWES COMPANIES 8,414 43,190
MCDONALDS CORP 8,880 27,694
MICROSOFT CORP 133,653 256,734
NEXTERA ENERGY INC 9,318 39,238
NORTHROP GRUMMAN CORP 8,481 32,981
PNC FINANCIAL SVCS 18,540 39,920
P&G INC 13,959 33,530
QUALCOMM INC 18,166 37,828
RTX CORP 16,645 52,926
REALTY INCOME CORP 5,742 8,850
SHELL PLC 15,685 13,287
SCHLUMBERGER LTD. 8,445 4,822
HOME DEPOT INC 13,387 19,569
WAST MANAGEMENT 50,337 59,541
TARGET CORP 13,389 27,916
UGI CORP 8,293 11,747
UNITED PARCEL SERVICE 11,992 12,770
US BANCORP NEW 18,782 21,858
3M 60,431 54,513
VERIZON COMMUNICATIONS 26,867 22,394
AMERICAN EUROPACIFIC GROWTH FD 3 30,000 29,782
JP MORGAN PFD SER FIXED 4.55% CALL 6/1/26 26,189 20,470
WK KELLOGG CO 862 1,234
SOLVENTUM CORP 11,048 6,936
CENTER COAST BROOKFIELD MIDSTREAM FOCUS FUND 15,778 14,466
BANK AMER CORP 4.125% PFD 25,600 18,310
PRUDENTIAL 4.125% PFD 26,250 18,530
PRINCIPAL FDS MIDCAP DIV FD 30,000 32,887
AT&T INC 5% FXD CALL 12/12/24 26,694 21,040

TY 2024 InvestmentsGovtObligationsSch
Name:
NESBITT FAMILY CHARITABLE FOUNDATION
EIN:
20-3150066
US Government Securities - End of Year Book Value:

318,598
US Government Securities - End of Year Fair Market Value:

316,997
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 OtherDecreasesSchedule
Name:
NESBITT FAMILY CHARITABLE FOUNDATION
EIN:
20-3150066
Description Amount
LOSS ON INVESTMENT OF BONDS 17,603
LOSS ON SALE OF SECURITIES 2,536


TY 2024 OtherExpensesSchedule
Name:
NESBITT FAMILY CHARITABLE FOUNDATION
EIN:
20-3150066
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
POSTAGE 52 52    
OFFICE SUPPLIES 54 54    


TY 2024 OtherProfessionalFeesSchedule
Name:
NESBITT FAMILY CHARITABLE FOUNDATION
EIN:
20-3150066
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
WELLS FARGO ADVISORS ADVISORY FEE 6,443      
WELLS FARGO ADVISORS ADVISORY FEE 3,184      
MARNE WEALTH MGT ADVISORY FEE 2,345      
MARNE WEALTH MGT ADVISORY FEE 4,969      


TY 2024 TaxesSchedule
Name:
NESBITT FAMILY CHARITABLE FOUNDATION
EIN:
20-3150066
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX ON INV INCOME 1,500 1,500