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
JOAN AND MORGAN MASSEY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)5002 MONUMENT AVENUE MASSEY BLDG
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RICHMOND, VA23230
A Employer identification number

46-2864841
B Telephone number (see instructions)

(804) 648-1611
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$10,863,694J 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 7,177 7,177  
4 Dividends and interest from securities... 142,947 142,839  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -332,884
b Gross sales price for all assets on line 6a 3,117,361
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).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
22,738 13,196  
12 Total. Add lines 1 through 11........ -160,022 163,212  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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
11,010 5,505   5,505
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
20,848 20,848   0
17 Interest............... 40,902 38,340   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
104 98   0
19 Depreciation (attach schedule) and depletion...      
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
156,588 113,779   5,173
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 229,452 178,570   10,678
25 Contributions, gifts, grants paid....... 475,000 475,000
26 Total expenses and disbursements. Add lines 24 and 25 704,452 178,570   485,678
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -864,474
b Net investment income (if negative, enter -0-) 0
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............. 23,206 30,462 30,462
2 Savings and temporary cash investments......... 81,165 327,628 327,628
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 6,146,968 Click to see attachment
List of Attached Documents:
// Content
5,831,692 		6,214,272
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,812,297 Click to see attachment
List of Attached Documents:
// Content
3,004,081 		4,285,480
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
5,852 		Click to see attachment
List of Attached Documents:
// Content
5,852
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,063,636 9,199,715 10,863,694
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) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
553
23 Total liabilities (add lines 17 through 22)......... 0 553
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 10,063,636 9,199,162
29 Total net assets or fund balances (see instructions)..... 10,063,636 9,199,162
30 Total liabilities and net assets/fund balances (see instructions). 10,063,636 9,199,715
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
10,063,636
2
Enter amount from Part I, line 27a .....................
2
-864,474
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,199,162
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
9,199,162
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 ARISAIG ASIA REDEMPTION, 7741 SHARES     2024-03-01
b THIRD BANK LITIGATION PROCEEDS     2024-02-09
c ST GAINS FROM PASS-THRU'S P    
d LT GAINS FROM PASS-THRU'S P    
e ARISAIG ASIA PFIC CAPITAL GAINS     2024-03-01
CHAMPION HOMES INC 9 SH   2022-03-15 2024-12-23
STIFEL FINL CORP 21 SH   2021-08-16 2024-11-26
ICF INTL INC 27 SH   2019-08-07 2024-11-18
INSTALLED BLDG PRODS 1 SH   2021-04-19 2024-10-28
INSTALLED BLDG PRODS 2 SH   2021-06-09 2024-10-28
INSTALLED BLDG PRODS 10 SH   2021-05-13 2024-10-28
GIBRALTAR INDS INC 30 SH   2020-07-21 2024-10-28
ASBURY AUTOMOTIVE GR 1 SH   2021-05-28 2024-10-24
ASBURY AUTOMOTIVE GR 8 SH   2022-08-15 2024-10-24
ASBURY AUTOMOTIVE GR 6 SH   2022-12-13 2024-10-24
ARCOSA INC 5 SH   2020-04-03 2024-10-24
ARCOSA INC 25 SH   2021-10-06 2024-10-24
ARCOSA INC 25 SH   2022-12-13 2024-10-24
ADDUS HOMECARE CORP31 SH   2024-10-16 2024-10-24
ADDUS HOMECARE CORP14 SH   2022-12-13 2024-10-24
AVIENT CORP 40 SH   2021-12-29 2024-10-24
AVIENT CORP 70 SH   2024-10-18 2024-10-24
BRINKS CO 10 SH   2020-11-12 2024-10-24
BRINKS CO 25 SH   2022-12-13 2024-10-24
BRINKS CO 25 SH   2023-06-09 2024-10-24
BELDEN INC NEW 16 SH   2022-03-15 2024-10-24
BELDEN INC NEW 23 SH   2022-05-05 2024-10-24
BELDEN INC NEW 11 SH   2022-12-13 2024-10-24
CADENCE BK 190 SH   2017-07-10 2024-10-24
CADENCE BK 50 SH   2021-11-22 2024-10-24
CVB FINL CORP 90 SH   2022-01-11 2024-10-24
CVB FINL CORP 165 SH   2022-12-13 2024-10-24
CVB FINL CORP 55 SH   2017-07-11 2024-10-24
CASELLA WASTE SYS IN A 50 SH   2019-04-17 2024-10-24
CASELLA WASTE SYS IN A 5 SH   2022-12-13 2024-10-24
ESCO TECHNOLOGIES IN 5 SH   2022-07-18 2024-10-24
ESCO TECHNOLOGIES IN 10 SH   2022-08-10 2024-10-24
ESCO TECHNOLOGIES IN 35 SH   2022-12-13 2024-10-24
ELEMENT SOLUTIONS IN 80 SH   2021-06-07 2024-10-24
ELEMENT SOLUTIONS IN 100 SH   2021-12-29 2024-10-24
ELEMENT SOLUTIONS IN 25 SH   2021-11-12 2024-10-24
FORMFACTOR INC 75 SH   2022-02-14 2024-10-24
FEDERAL SIGNAL CORP 50 SH   2023-05-31 2024-10-24
FULLER H B CO 25 SH   2021-02-04 2024-10-24
FULLER H B CO 35 SH   2022-12-13 2024-10-24
GLACIER BANCORP INC 60 SH   2019-12-19 2024-10-24
GLACIER BANCORP INC 65 SH   2022-12-13 2024-10-24
GLACIER BANCORP INC 30 SH   2022-01-11 2024-10-24
INSTALLED BLDG PRODS 35 SH   2021-04-19 2024-10-24
ICF INTL INC 45 SH   2019-08-07 2024-10-24
ICU MED INC 21 SH   2017-07-10 2024-10-24
ICU MED INC 9 SH   2019-08-08 2024-10-24
INTEGER HLDGS CORP 60 SH   2019-05-03 2024-10-24
LANCASTER COLONY COR 8 SH   2017-07-10 2024-10-24
LANCASTER COLONY COR 10 SH   2019-08-29 2024-10-24
LANCASTER COLONY COR 2 SH   2021-11-12 2024-10-24
LAKELAND FINL CORP 50 SH   2024-10-18 2024-10-24
LANTHEUS HLDGS INC 40 SH   2022-12-14 2024-10-24
LA Z BOY INC 20 SH   2020-07-29 2024-10-24
LA Z BOY INC 120 SH   2017-07-10 2024-10-24
MGE ENERGY INC 10 SH   2017-07-10 2024-10-24
MGE ENERGY INC 20 SH   2022-12-13 2024-10-24
MAGNOLIA OIL & GAS C A 25 SH   2018-11-20 2024-10-24
MAGNOLIA OIL & GAS C A 80 SH   2023-09-27 2024-10-24
MAGNOLIA OIL & GAS C A 120 SH   2022-12-13 2024-10-24
MATADOR RES CO 10 SH   2017-07-10 2024-10-24
MATADOR RES CO 55 SH   2022-12-13 2024-10-24
MATADOR RES CO 40 SH   2023-09-27 2024-10-24
MATERION CORP 25 SH   2022-12-14 2024-10-24
ONE GAS INC 20 SH   2018-01-24 2024-10-24
ONE GAS INC 25 SH   2022-12-13 2024-10-24
OLD NATL BANCORP IND 125 SH   2024-05-23 2024-10-24
OLD NATL BANCORP IND 190 SH   2024-10-16 2024-10-24
OXFORD INDS INC 10 SH   2020-02-04 2024-10-24
OXFORD INDS INC 10 SH   2022-08-10 2024-10-24
OXFORD INDS INC 45 SH   2022-12-13 2024-10-24
POTLATCHDELTIC CORP REIT 50 SH   2021-10-26 2024-10-24
POTLATCHDELTIC CORP REIT 25 SH   2022-04-21 2024-10-24
POTLATCHDELTIC CORP REIT 50 SH   2021-11-12 2024-10-24
PLEXUS CORP 45 SH   2023-01-31 2024-10-24
PLYMOUTH INDL REIT I REIT 135 SH   2023-02-03 2024-10-24
GIBRALTAR INDS INC 75 SH   2020-07-21 2024-10-24
STIFEL FINL CORP 25 SH   2021-08-16 2024-10-24
SELECTIVE INS GROUP 5 SH   2017-09-07 2024-10-24
SELECTIVE INS GROUP 30 SH   2022-12-13 2024-10-24
CHAMPION HOMES INC 35 SH   2022-03-15 2024-10-24
SIMPLY GOOD FOODS CO 50 SH   2020-02-25 2024-10-24
SIMPLY GOOD FOODS CO 30 SH   2022-10-03 2024-10-24
SOUTHSTATE CORP 45 SH   2021-03-08 2024-10-24
STANDEX INTL CORP 20 SH   2024-05-21 2024-10-24
TIDEWATER INC NEW 25 SH   2024-05-01 2024-10-24
UNITED BANKSHARES IN 95 SH   2024-10-16 2024-10-24
ICF INTL INC 3 SH   2019-08-07 2024-10-15
ICF INTL INC 35 SH   2022-12-13 2024-10-15
BELDEN INC NEW 24 SH   2022-12-13 2024-10-11
FEDERAL SIGNAL CORP 25 SH   2023-05-31 2024-10-11
INSTALLED BLDG PRODS 12 SH   2021-11-12 2024-10-11
INSTALLED BLDG PRODS 7 SH   2021-04-19 2024-10-11
AMN HEALTHCARE SVCS 97 SH   2017-07-10 2024-10-02
AMN HEALTHCARE SVCS 30 SH   2023-05-12 2024-10-02
AMN HEALTHCARE SVCS 25 SH   2022-12-13 2024-10-02
MATERION CORP 40 SH   2022-12-14 2024-10-02
FORMFACTOR INC 40 SH   2022-02-14 2024-07-17
LANTHEUS HOLDINGS IN 37 SH   2022-12-14 2024-07-16
PERFICIENT INC 15 SH   2022-10-03 2024-07-09
PERFICIENT INC 15 SH   2023-05-03 2024-07-09
PERFICIENT INC 25 SH   2022-11-03 2024-07-09
INDEPENDENT BANK CO 150 SH   2017-07-10 2024-05-21
INDEPENDENT BANK CO 30 SH   2021-12-30 2024-05-21
INDEPENDENT BANK CO 55 SH   2017-09-07 2024-05-21
INDEPENDENT BANK CO 25 SH   2023-07-12 2024-05-21
INDEPENDENT BANK CO 9 SH   2022-12-13 2024-05-21
PEBBLEBROOK HOTEL TR REIT 311 SH   2017-07-10 2024-05-21
PEBBLEBROOK HOTEL TR REIT 40 SH   2022-10-27 2024-05-21
PEBBLEBROOK HOTEL TR REIT 85 SH   2021-12-17 2024-05-21
PERFICIENT INC 15 SH   2022-03-15 2024-05-21
PERFICIENT INC 30 SH   2022-12-13 2024-05-21
PERFICIENT INC 15 SH   2023-05-03 2024-05-21
PERFICIENT INC 60 SH   2022-03-15 2024-05-06
ADAPT HEALTH CORP 190 SH   2020-11-12 2024-04-04
ADAPT HEALTH CORP 60 SH   2021-06-08 2024-04-04
ADAPT HEALTH CORP 80 SH   2021-05-26 2024-04-04
ADAPT HEALTH CORP 70 SH   2021-12-06 2024-04-04
SIMPLY GOOD FOODS CO 55 SH   2022-02-14 2024-03-20
SIMPLY GOOD FOODS CO 85 SH   2022-12-13 2024-03-20
INDEPENDENT BK CORP 41 SH   2022-12-13 2024-02-15
INDEPENDENT BK CORP 49 SH   2023-12-06 2024-02-15
FORWARD AIR CORP 25 SH   2019-08-01 2024-01-23
FORWARD AIR CORP 35 SH   2022-12-13 2024-01-23
FORWARD AIR CORP 20 SH   2019-09-10 2024-01-23
FORWARD AIR CORP 55 SJ   2019-02-20 2024-01-23
FORWARD AIR CORP 40 SH   2020-06-05 2024-01-23
FORWARD AIR CORP 18 SH   2019-08-22 2024-01-23
CS 2867 ARTISAN INTERNATIONAL VALUE INSTL 199.55 SH   2024-09-12 2024-10-24
CS 2867 ARTISAN INTERNATIONAL VALUE INSTL 1767.02 SH   2021-09-01 2024-10-24
CS 2867 EDGEWOOD GROWTH INSTL 3863.99 SH   2021-09-01 2024-10-24
CS 2867 PARNASSUS CORE EQUITY INSTITUTIONAL2297.09 SH   2021-09-01 2024-10-24
CS 2867 INVSC S P 500 EQUAL WEIGHT ETF 1350 SH   2024-03-25 2024-10-24
CS 2867 VANGUARD GROWTH ETF 192 SH   2023-05-16 2024-10-24
CS 2867 WCM FOCUSED INTERNATIONAL GROWTH INSTL 1934.24 SH   2021-09-01 2024-10-24
CS 2867 BROWN CAPITAL MGMT SMALL CO INSTL 1752.91 SH   2023-05-16 2024-10-01
CS 2867 BROWN CAPITAL MGMT SMALL CO INSTL 2173.73 SH   2021-08-31 2024-10-01
CS 2867 BROWN CAPITAL MGMT SMALL CO INSTL 1708.13   2021-07-02 2024-06-12
CS 2867 PARNASSUS CORE EQUITY INSTITUTIONAL 827.27   2021-09-01 2024-03-25
CS 2867 WCM FOCUSED INTERNATIONAL GROWTH INSTL 2418.03 SH   2021-09-01 2024-02-20
CS 2867 ARTISAN INTERNATIONAL VALUE INSTL 1096.25 SH   2021-09-01 2024-02-13
CS 4774 AMERIPRISE FINL INC 4 SH   2021-07-02 2024-12-09
CS 4774 HERSHEY CO 8 SH   2024-04-24 2024-12-09
CS 4774 STIFEL FINL CORP 17 SH   2023-03-22 2024-12-09
CS 4774 BROADCOM INC 13 SH   2021-07-02 2024-12-05
CS 4774 ORACLE CORP 10 SH   2021-07-02 2024-12-05
CS 4774 ORACLE CORP 4 SH   2022-11-04 2024-12-05
CS 4774 TEXAS INSTRS INC 6 SH   2021-09-07 2024-12-05
CS 4774 AMGEN INC 17 SH   2021-09-07 2024-11-15
CS 4774 AMGEN INC 5 SH   2021-11-24 2024-11-15
CS 4774 CDW CORP 16 SH   2021-07-02 2024-11-12
CS 4774 CDW CORP 20 SH   2022-06-30 2024-11-12
CS 4774 FMC CORP 50 SH   2021-09-07 2024-11-12
CS 4774 ABBOTT LABS 13 SH   2021-07-02 2024-10-24
CS 4774 ABBOTT LABS 15 SH   2021-11-24 2024-10-24
CS 4774 ABBOTT LABS 22 SH   2024-10-16 2024-10-24
CS 4774 AMGEN INC 13 SH   2021-09-07 2024-10-24
CS 4774 AMGEN INC 2 SH   2022-06-30 2024-10-24
CS 4774 AMERIPRISE FINL INC 5 SH   2021-07-02 2024-10-24
CS 4774 AMERIPRISE FINL INC 10 SH   2022-12-13 2024-10-24
CS 4774 ATMOS ENERGY CORP 27 SH   2021-07-02 2024-10-24
CS 4774 ATMOS ENERGY CORP 8 SH   2021-09-07 2024-10-24
CS 4774 BROADCOM INC 48 SH   2022-12-13 2024-10-24
CS 4774 BROADCOM INC 2 SH   2021-07-02 2024-10-24
CS 4774 AVERY DENNISON CORP 20 SH   2021-07-02 2024-10-24
CS 4774 BRUNSWICK CORP 3 SH   2022-03-10 2024-10-24
CS 4774 BRUNSWICK CORP 30 SH   2021-09-07 2024-10-24
CS 4774 BRUNSWICK CORP 7 SH   2022-12-13 2024-10-24
CS 4774 BORGWARNER INC 10 SH   2021-10-06 2024-10-24
CS 4774 BORGWARNER INC 70 SH   2024-09-27 2024-10-24
CS 4774 BORGWARNER INC 30 SH   2022-12-13 2024-10-24
CS 4774 CITIGROUP INC 10 SH   2021-11-24 2024-10-24
CS 4774 CITIGROUP INC 70 SH   2021-07-02 2024-10-24
CS 4774 CDW CORP 7 SH   2021-07-02 2024-10-24
CS 4774 CDW CORP 10 SH   2022-12-13 2024-10-24
CS 4774 COMCAST CORP NEW A 65 SH   2023-08-08 2024-10-24
CS 4774 COMCAST CORP NEW A 10 SH   2021-11-24 2024-10-24
CS 4774 COLUMBIA BKG SYS INC 160 SH   2023-11-30 2024-10-24
CS 4774 CISCO SYS INC 85 SH   2021-07-02 2024-10-24
CS 4774 CVS HEALTH CORP 40 SH   2021-09-07 2024-10-24
CS 4774 CVS HEALTH CORP 25 SH   2023-12-06 2024-10-24
CS 4774 CHEVRON CORP NEW 18 SH   2021-07-02 2024-10-24
CS 4774 CHEVRON CORP NEW 7 SH   2021-09-07 2024-10-24
CS 4774 DUPONT DE NEMOURS IN 45 SH   2023-02-24 2024-10-24
CS 4774 EASTGROUP PPTYS INC REIT 12 SH   2021-07-02 2024-10-24
CS 4774 EOG RES INC 30 SH   2021-07-02 2024-10-24
CS 4774 ELEMENT SOLUTIONS IN 195 SH   2023-07-24 2024-10-24
CS 4774 EATON CORP PLC 22 SH   2021-07-02 2024-10-24
CS 4774 EATON CORP PLC 23 SH   2022-12-13 2024-10-24
CS 4774 FIDELITY NATL INFORM 55 SH   2021-09-07 2024-10-24
CS 4774 FIDELITY NATL INFORM 15 SH   2021-11-08 2024-10-24
CS 4774 FMC CORP 5 SH   2021-09-07 2024-10-24
CS 4774 FMC CORP 15 SH   2021-09-16 2024-10-24
CS 4774 GLACIER BANCORP INC 35 SH   2022-03-30 2024-10-24
CS 4774 GLACIER BANCORP INC 90 SH   2022-03-04 2024-10-24
CS 4774 GENERAL MLS INC 25 SH   2021-07-02 2024-10-24
CS 4774 GENUINE PARTS CO 20 SH   2024-08-08 2024-10-24
CS 4774 HOME DEPOT INC 6 SH   2022-06-30 2024-10-24
CS 4774 HOME DEPOT INC 4 SH   2021-07-02 2024-10-24
CS 4774 HERSHEY CO 25 SH   2024-04-24 2024-10-24
CS 4774 IBM CORP 17 SH   2021-09-07 2024-10-24
CS 4774 IBM CORP 10 SH   2021-07-02 2024-10-24
CS 4774 JOHNSON CONTROLS INT 75 SH   2022-04-05 2024-10-24
CS 4774 JOHNSON & JOHNSON 35 SH   2021-09-07 2024-10-24
CS 4774 KBR INC 70 SH   2024-07-24 2024-10-24
CS 4774 LANCASTER COLONY COR 12 SH   2022-08-17 2024-10-24
CS 4774 LANCASTER COLONY COR 8 SH   2022-06-30 2024-10-24
CS 4774 MID-AMER APT CMNTYS REIT 10 SH   2022-06-30 2024-10-24
CS 4774 MID-AMER APT CMNTYS REIT 15 SH   2021-09-07 2024-10-24
CS 4774 MICROCHIP TECHNOLOGY 80 SH   2022-03-24 2024-10-24
CS 4774 MCGRATH RENTCORP 40 SH   2021-09-07 2024-10-24
CS 4774 MICROSOFT CORP 9 SH   2023-03-21 2024-10-24
CS 4774 MICROSOFT CORP 6 SH   2021-07-02 2024-10-24
CS 4774 ONE GAS INC 45 SH   2022-06-08 2024-10-24
CS 4774 ORACLE CORP 15 SH   2022-12-13 2024-10-24
CS 4774 ORACLE CORP 30 SH   2021-07-02 2024-10-24
CS 4774 DOUGLAS DYNAMICS INC 75 SH   2021-09-07 2024-10-24
CS 4774 DOUGLAS DYNAMICS INC 15 SH   2021-07-02 2024-10-24
CS 4774 PNC FINL SERVICES 16 SH   2024-10-16 2024-10-24
CS 4774 PNC FINL SERVICES 11 SH   2023-11-30 2024-10-24
CS 4774 STIFEL FINL CORP 60 SH   2023-09-20 2024-10-24
CS 4774 STIFEL FINL CORP 130 SH   2023-03-22 2024-10-24
CS 4774 SHELL PLC ADR 25 SH   2022-11-22 2024-10-24
CS 4774 SHELL PLC ADR 70 SH   2022-12-13 2024-10-24
CS 4774 SYNOVUS FINL CORP 37 SH   2021-09-07 2024-10-24
CS 4774 SYNOVUS FINL CORP 98 SH   2021-07-02 2024-10-24
CS 4774 SONOCO PRODS CO 60 SH   2021-09-07 2024-10-24
CS 4774 SONOCO PRODS CO 10 SH   2021-07-02 2024-10-24
CS 4774 TARGET CORP EQUITY 24 SH   2021-09-07 2024-10-24
CS 4774 TARGET CORP EQUITY 1 SH   2021-07-02 2024-10-24
CS 4774 TEXAS INSTRS INC 25 SH   2021-09-07 2024-10-24
CS 4774 UNITED BANKSHARES IN 135 SH   2021-09-07 2024-10-24
CS 4774 UNION PAC CORP 15 SH   2021-09-07 2024-10-24
CS 4774 WASTE CONNECTIONS IN 32 SH   2024-01-22 2024-10-24
CS 4774 WILLIAMS COS INC90 SH   2022-12-13 2024-10-24
CS 4774 WILLIAMS COS INC 15 SH   2021-07-02 2024-10-24
CS 4774 WILLIAMS COS INC 30 SH   2021-09-07 2024-10-24
CS 4774 CARTERS INC 140 SH   2022-11-16 2024-10-02
CS 4774 HUMANA INC 23 SH   2022-05-31 2024-10-02
CS 4774 INTERPUBLIC GROUP CO 290 SH   2022-10-03 2024-10-02
CS 4774 PFIZER INC 100 SH   2021-09-07 2024-10-02
CS 4774 PFIZER INC 140 SH   2021-07-02 2024-10-02
CS 4774 DENTSPLY SIRONA INC 215 SH   2023-04-13 2024-10-02
CS 4774 DENTSPLY SIRONA INC 50 SH   2023-11-21 2024-10-02
CS 4774 EATON CORP PLC 17 SH   2022-12-13 2024-08-06
CS 4774 IBM CORP 15 SH   2021-07-02 2024-08-06
CS 4774 BROADCOM INC 22 SH   2022-12-13 2024-07-17
CS 4774 MICROSOFT CORP 6 SH   2021-07-02 2024-07-17
CS 4774 ORACLE CORP 20 SH   2022-12-13 2024-07-17
CS 4774 BROADCOM INC 3 SH   2022-12-13 2024-06-17
CS 4774 ACCENTURE PLC A 16 SH   2021-07-02 2024-04-24
CS 4774 ACCENTURE PLC A 10 SH   2022-06-30 2024-04-24
CS 4774 ACCENTURE PLC A 1 SH   2022-12-13 2024-04-24
CS 4774 CONCENTRIX 14 SH   2022-05-13 2024-04-24
CS 4774 CONCENTRIX 25 SH   2022-06-30 2024-04-24
CS 4774 HUMANA INC 3 SH   2022-05-31 2024-04-24
CS 4774 HUMANA INC 4 SH   2022-06-30 2024-04-24
CS 4774 CONCENTRIX 26 SH   2022-04-01 2024-02-28
CS 4774 CONCENTRIX 5 SH   2022-02-01 2024-02-28
CS 4774 CONCENTRIX 4 SH   2022-05-13 2024-02-28
CS 4774 MC GRATH RENTCO 4 SHRP   2021-09-07 2024-02-15
CS 4774 MC GRATH RENTCO 50 SHRP   2022-12-13 2024-02-15
CS 4774 MC GRATH RENTCO 35 SHRP   2022-06-30 2024-02-15
CS 4774 MC GRATH RENTCORP 4 SH   2021-09-07 2024-02-15
CS 4774 MC GRATH RENTCORP 21 SH   2021-09-07 2024-02-15
CS 4774 INTERPUBLIC GRP COS 90 SH   2022-10-03 2024-02-09
CS 4774 TEXAS INSTRUMENTS 10 SH   2021-07-02 2024-01-12
CS 4774 TEXAS INSTRUMENTS 13 SH   2021-09-07 2024-01-12
CS 4774 HASBRO INC 20 SH   2021-11-24 2024-01-11
CS 4774 HASBRO INC 55 SH   2021-07-02 2024-01-11
CS 4774 HASBRO INC 55 SH   2021-09-07 2024-01-11
CS 4774 HASBRO INC 11 SH   2022-06-30 2024-01-11
CAPITAL GAINS DIVIDENDS P    
(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 678,021   1,151,921 -473,900
b 2     2
c 40,845     40,845
d 23,402     23,402
e 24,133     24,133
842   595 247
2,462   1,438 1,024
3,609   2,200 1,409
233   132 101
466   242 224
2,328   1,213 1,115
1,978   1,547 431
230   199 31
1,837   1,474 363
1,378   1,082 296
465   186 279
2,325   1,269 1,056
2,325   1,490 835
4,009   4,164 -155
1,811   1,489 322
1,906   2,270 -364
3,336   3,542 -206
1,024   538 486
2,559   1,473 1,086
2,559   1,795 764
1,884   906 978
2,708   1,327 1,381
1,295   867 428
6,366   5,835 531
1,675   1,572 103
1,723   2,085 -362
3,160   4,442 -1,282
1,053   1,246 -193
5,142   1,737 3,405
514   426 88
639   340 299
1,278   835 443
4,474   3,196 1,278
2,140   1,885 255
2,675   2,424 251
669   650 19
3,266   3,034 232
4,249   2,645 1,604
1,871   1,362 509
2,619   2,770 -151
2,819   2,778 41
3,054   3,521 -467
1,410   1,789 -379
8,083   4,608 3,475
7,586   3,667 3,919
3,768   3,561 207
1,615   1,479 136
7,583   4,478 3,105
1,413   978 435
1,766   1,452 314
353   326 27
3,245   3,406 -161
4,450   2,194 2,256
779   568 211
4,676   3,791 885
920   631 289
1,839   1,459 380
639   305 334
2,045   1,877 168
3,068   2,782 286
513   217 296
2,823   3,159 -336
2,053   2,452 -399
2,558   2,168 390
1,485   1,396 89
1,857   2,000 -143
2,353   2,095 258
3,577   3,705 -128
753   721 32
753   1,024 -271
3,387   4,756 -1,369
2,125   2,709 -584
1,063   1,375 -312
2,125   2,785 -660
6,645   4,282 2,363
2,857   3,066 -209
4,886   3,867 1,019
2,583   1,712 871
477   233 244
2,863   2,716 147
3,178   2,313 865
1,658   1,217 441
995   977 18
4,421   3,899 522
3,457   3,467 -10
1,519   2,317 -798
3,467   3,667 -200
505   244 261
5,896   3,731 2,165
2,850   1,891 959
2,300   1,323 977
2,854   1,587 1,267
1,665   922 743
3,867   3,671 196
1,196   2,809 -1,613
997   2,841 -1,844
3,989   3,469 520
2,288   1,618 670
4,351   2,029 2,322
1,123   999 124
1,123   1,058 65
1,871   1,658 213
7,930   10,105 -2,175
1,586   2,450 -864
2,908   3,703 -795
1,322   1,207 115
476   792 -316
4,721   10,019 -5,298
607   648 -41
1,290   1,734 -444
1,107   1,523 -416
2,214   2,287 -73
1,107   1,058 49
4,416   6,091 -1,675
1,982   5,689 -3,707
626   1,628 -1,002
834   2,154 -1,320
730   1,416 -686
1,848   2,049 -201
2,856   3,250 -394
2,162   3,607 -1,445
2,584   2,970 -386
1,248   1,586 -338
1,748   3,794 -2,046
999   1,296 -297
2,746   3,687 -941
1,997   2,193 -196
899   1,108 -209
10,144   10,171 -27
89,832   81,764 8,068
199,976   257,932 -57,956
149,976   151,063 -1,087
242,345   224,910 17,435
74,968   48,984 25,984
49,976   56,638 -6,662
127,513   125,024 2,489
158,126   300,000 -141,874
117,393   230,025 -112,632
49,976   54,403 -4,427
58,976   70,804 -11,828
49,976   50,726 -750
2,209   1,002 1,207
1,581   1,502 79
1,896   1,005 891
2,226   604 1,622
1,866   816 1,050
746   305 441
1,162   1,138 24
4,808   3,751 1,057
1,414   1,018 396
3,081   2,827 254
3,852   3,157 695
2,787   4,795 -2,008
1,515   1,524 -9
1,749   1,869 -120
2,564   2,596 -32
4,109   2,868 1,241
632   488 144
2,491   1,252 1,239
4,983   3,236 1,747
3,870   2,620 1,250
1,147   767 380
8,251   2,752 5,499
344   93 251
4,104   4,184 -80
237   269 -32
2,367   2,919 -552
552   527 25
339   381 -42
2,372   2,604 -232
1,016   1,089 -73
630   675 -45
4,413   4,926 -513
1,542   1,237 305
2,203   1,920 283
2,715   2,948 -233
418   519 -101
4,436   3,613 823
4,782   4,531 251
2,272   3,447 -1,175
1,420   1,834 -414
2,703   1,899 804
1,051   680 371
3,770   3,266 504
2,132   1,977 155
3,719   2,567 1,152
5,237   3,864 1,373
7,578   3,319 4,259
1,033   487 546
4,960   6,938 -1,978
1,353   1,717 -364
311   479 -168
933   1,460 -527
1,646   1,776 -130
4,233   4,817 -584
1,719   1,512 207
2,281   2,765 -484
2,400   1,658 742
1,600   1,289 311
4,557   4,695 -138
3,708   2,255 1,453
2,181   1,341 840
5,745   5,008 737
5,764   6,021 -257
4,697   4,696 1
2,120   1,807 313
1,413   1,029 384
1,575   1,765 -190
2,363   2,872 -509
6,027   6,185 -158
4,239   2,827 1,412
3,826   2,473 1,353
2,550   1,658 892
3,340   3,956 -616
2,622   1,249 1,373
5,245   2,449 2,796
1,935   2,901 -966
387   606 -219
3,032   3,047 -15
2,084   1,469 615
6,210   3,958 2,252
13,454   7,686 5,768
1,664   1,421 243
4,659   4,006 653
1,801   1,575 226
4,771   4,307 464
3,180   3,918 -738
530   664 -134
3,586   5,854 -2,268
149   246 -97
5,161   4,742 419
4,932   4,850 82
3,454   3,206 248
5,671   4,859 812
4,698   3,010 1,688
783   402 381
1,566   738 828
9,029   9,983 -954
5,678   10,522 -4,844
9,055   7,607 1,448
2,860   4,675 -1,815
4,004   5,559 -1,555
5,379   8,761 -3,382
1,251   1,551 -300
4,747   2,757 1,990
2,812   2,011 801
3,492   1,261 2,231
2,638   1,658 980
2,783   1,666 1,117
5,529   1,720 3,809
4,989   4,848 141
3,118   2,789 329
312   299 13
787   2,014 -1,227
1,406   3,408 -2,002
935   1,372 -437
1,247   1,874 -627
1,897   4,345 -2,448
365   1,001 -636
292   575 -283
514   283 231
6,421   4,895 1,526
4,494   2,653 1,841
514   283 231
2,697   1,485 1,212
2,766   2,361 405
1,664   1,913 -249
2,163   2,466 -303
990   1,990 -1,000
2,723   5,302 -2,579
2,723   5,496 -2,773
545   907 -362
285,081     285,081
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       -473,900
b       2
c       40,845
d       23,402
e       24,133
      247
      1,024
      1,409
      101
      224
      1,115
      431
      31
      363
      296
      279
      1,056
      835
      -155
      322
      -364
      -206
      486
      1,086
      764
      978
      1,381
      428
      531
      103
      -362
      -1,282
      -193
      3,405
      88
      299
      443
      1,278
      255
      251
      19
      232
      1,604
      509
      -151
      41
      -467
      -379
      3,475
      3,919
      207
      136
      3,105
      435
      314
      27
      -161
      2,256
      211
      885
      289
      380
      334
      168
      286
      296
      -336
      -399
      390
      89
      -143
      258
      -128
      32
      -271
      -1,369
      -584
      -312
      -660
      2,363
      -209
      1,019
      871
      244
      147
      865
      441
      18
      522
      -10
      -798
      -200
      261
      2,165
      959
      977
      1,267
      743
      196
      -1,613
      -1,844
      520
      670
      2,322
      124
      65
      213
      -2,175
      -864
      -795
      115
      -316
      -5,298
      -41
      -444
      -416
      -73
      49
      -1,675
      -3,707
      -1,002
      -1,320
      -686
      -201
      -394
      -1,445
      -386
      -338
      -2,046
      -297
      -941
      -196
      -209
      -27
      8,068
      -57,956
      -1,087
      17,435
      25,984
      -6,662
      2,489
      -141,874
      -112,632
      -4,427
      -11,828
      -750
      1,207
      79
      891
      1,622
      1,050
      441
      24
      1,057
      396
      254
      695
      -2,008
      -9
      -120
      -32
      1,241
      144
      1,239
      1,747
      1,250
      380
      5,499
      251
      -80
      -32
      -552
      25
      -42
      -232
      -73
      -45
      -513
      305
      283
      -233
      -101
      823
      251
      -1,175
      -414
      804
      371
      504
      155
      1,152
      1,373
      4,259
      546
      -1,978
      -364
      -168
      -527
      -130
      -584
      207
      -484
      742
      311
      -138
      1,453
      840
      737
      -257
      1
      313
      384
      -190
      -509
      -158
      1,412
      1,353
      892
      -616
      1,373
      2,796
      -966
      -219
      -15
      615
      2,252
      5,768
      243
      653
      226
      464
      -738
      -134
      -2,268
      -97
      419
      82
      248
      812
      1,688
      381
      828
      -954
      -4,844
      1,448
      -1,815
      -1,555
      -3,382
      -300
      1,990
      801
      2,231
      980
      1,117
      3,809
      141
      329
      13
      -1,227
      -2,002
      -437
      -627
      -2,448
      -636
      -283
      231
      1,526
      1,841
      231
      1,212
      405
      -249
      -303
      -1,000
      -2,579
      -2,773
      -362
      285,081
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 -332,884
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 0
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 0
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 0
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 6,800
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 6,800
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 6,800
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow6,800 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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 arrowVA
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 arrowN/A
14
The books are in care ofright arrowMASSEY LC Telephone no.right arrow (804) 648-1611

Located atright arrow5002 MONUMENT AVE MASSEY BLDGRICHMONDVA ZIP+4right arrow23230
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
 
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
SKY MASSEY BOARD CHAIR
1.00 		0 0 0
5002 MONUMENT AVENUE MASSEY BLDG
RICHMOND,VA23230
CRAIG L MASSEY PRESIDENT
1.00 		0 0 0
5002 MONUMENT AVENUE MASSEY BLDG
RICHMOND,VA23230
JOSE MENDOZA CHIEF FINANCIAL OFFICER
1.00 		0 0 0
5002 MONUMENT AVENUE MASSEY BLDG
RICHMOND,VA23230
ANDREA C GLASGOW SECRETARY
1.00 		0 0 0
5002 MONUMENT AVENUE MASSEY BLDG
RICHMOND,VA23230
MAUREEN DENLEA DIRECTOR
0.00 		0 0 0
5002 MONUMENT AVENUE MASSEY BLDG
RICHMOND,VA23230
SUSAN MASSEY DIRECTOR
0.00 		0 0 0
5002 MONUMENT AVENUE MASSEY BLDG
RICHMOND,VA23230
J H BINFORD PEAY III DIRECTOR
0.00 		0 0 0
5002 MONUMENT AVENUE MASSEY BLDG
RICHMOND,VA23230
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
6,613,047
b
Average of monthly cash balances.......................
1b
252,238
c
Fair market value of all other assets (see instructions)................
1c
4,047,593
d
Total (add lines 1a, b, and c).........................
1d
10,912,878
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
10,912,878
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
163,693
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
10,749,185
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
537,459
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
537,459
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
0
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
537,459
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
537,459
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
537,459
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
485,678
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
485,678
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 7 537,459
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 448,290
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$ 485,678
a Applied to 2023, but not more than line 2a 448,290
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..... 37,388
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 .......... 		500,071
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).)
CRAIG L MASSEY
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:
CRAIG L MASSEY
5002 MONUMENT AVENUE MASSEY BLDG
RICHMOND,VA23230
(804) 648-1611
bThe form in which applications should be submitted and information and materials they should include:
BY LETTER
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
501(C)(3) ORGANIZATIONS ONLY
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

BOY SCOUTS OF AMERICA HEART OF VA COUNCIL

P O BOX 6809
RICHMOND,VA23230 		NONE PUBLIC CHARITY EAGLE SCOUT & SCOUT PROGRAMS 50,000

MCV FOUNDATION

1228 EAST BROAD ST
RICHMOND,VA23298 		NONE PUBLIC CHARITY PARKINSON'S AT-HOME MONITORING 50,000

SCIENCE MUSEUM OF VIRGINIA FOUNDATION

P O BOX 11624
RICHMOND,VA23230 		NONE PUBLIC CHARITY THE FORGE & THE MIX 50,000

UNIVERSITY OF RICHMOND

28 WESTHAMPTON WAY
RICHMOND,VA23173 		NONE PUBLIC CHARITY RICHMOND INNOVATION FELLOWS PROGRAM 50,000

UNIVERSITY OF VIRGINIA SCHOOL OF ENGINEERING

P O BOX 400246
CHARLOTTESVILLE,VA229044246 		NONE PUBLIC CHARITY E MORGAN MASSEY DEAN'S DISCOVERY FUND 25,000

VCU COLLEGE OF ENGINEERING FOUNDATION

601 WEST MAIN STREET
RICHMOND,VA23284 		NONE PUBLIC CHARITY MEDICINES FOR ALL INSTITUTE 50,000

VCU COLLEGE OF ENGINEERING FOUNDATION

601 WEST MAIN STREET
RICHMOND,VA23284 		NONE PUBLIC CHARITY DR BOYAN'S RESEARCH 100,000

VIRGINIA INSTITUTE OF MARINE SCIENCE

1375 GREATE RD
GLOUCESTER POINT,VA23062 		NONE PUBLIC CHARITY DEAN & DIRECTORS INNOVATION FUND 25,000

VIRGINIA MILITARY INSTITUTE FOUNDATION

319 LETCHER AVENUE
LEXINGTON,VA24450 		NONE PUBLIC CHARITY GENERAL PEAY ENDOWMENT FUND 50,000

GEORGE C MARSHALL FOUNDATION

340 VMI PARADE
LEXINGTON,VA24450 		NONE PUBLIC CHARITY TEACHER LEADERSHIP PROGRAM 25,000
Total .................................right arrow 3a 475,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 7,177  
4 Dividends and interest from securities ....     14 142,947  
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 .....     01 22,738  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -332,884  
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 -160,022 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-160,022
(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:
JOAN AND MORGAN MASSEY FOUNDATION
EIN:
46-2864841
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING & TAX 11,010 5,505   5,505

TY 2024 InvestmentsCorpStockSchedule
Name:
JOAN AND MORGAN MASSEY FOUNDATION
EIN:
46-2864841
Name of Stock End of Year Book Value End of Year Fair Market Value
CHARLES SCHWAB MANAGED ACCOUNT #2752 363,979 500,936
CHARLES SCHWAB MANAGED ACCOUNT #2867 5,035,228 5,191,716
CHARLES SCHWAB MANAGED ACCOUNT #4774 432,485 521,620

TY 2024 InvestmentsOtherSchedule2
Name:
JOAN AND MORGAN MASSEY FOUNDATION
EIN:
46-2864841
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ACCOLADE PARTNERS GROWTH II LP AT COST 288,075 328,627
AMBERBROOK OFFSHORE IX AT COST 225,428 328,130
COOPER CREEK PARTNERS LP AT COST 619,562 747,722
DAVIS INVESTMENTS V LP AT COST 55,636 55,837
JMI EQUITY FUND XI-B LP AT COST 172,010 215,149
LOCUST POINT PRIVATE CREDIT FUND LP AT COST 352,661 352,924
MILLENNIUM INTL FUND SERIES GG AT COST 362,161 1,027,949
MISSION BIOCAPITAL V LP AT COST 116,224 130,770
RIVERSIDE MICRO-CAP VI (& RMCF) AT COST 124,520 162,717
TUCKAHOE HOLDINGS LLC AT COST 438,980 600,000
WHITMAN/PETERSON PARTNERS IV LP AT COST 181,981 232,174
RAC OPPORTUNITY FUND II LP AT COST 66,843 103,481

TY 2024 OtherAssetsSchedule
Name:
JOAN AND MORGAN MASSEY FOUNDATION
EIN:
46-2864841
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEPOSITS IN TRANSIT   5,625 5,625
DIVIDENDS RECEIVABLE   227 227


TY 2024 OtherExpensesSchedule
Name:
JOAN AND MORGAN MASSEY FOUNDATION
EIN:
46-2864841
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 60 0   0
BOARD MEETING EXPENSES 346 173   173
CONTRIBUTIONS FROM PASS-THRU'S 42 0   0
EXPENSES FROM PASS-THRU'S LIMITED TO INCOME FROM PASS-THRU'S 105,418 96,939   0
NON-DEDUCTIBLE PASS-THRU EXPENSES 697 0   0
SCC 25 0   0
SERVICE FEE 50,000 16,667   5,000


TY 2024 OtherIncomeSchedule2
Name:
JOAN AND MORGAN MASSEY FOUNDATION
EIN:
46-2864841
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INCOME FROM PASS-THRU INVESTMENTS 13,196 13,196 13,196
EXCISE TAX REFUNDS 9,542 0 9,542


TY 2024 OtherLiabilitiesSchedule
Name:
JOAN AND MORGAN MASSEY FOUNDATION
EIN:
46-2864841
Description Beginning of Year - Book Value End of Year - Book Value
RIVERSIDE ACCELERATION CAP III 0 553


TY 2024 OtherProfessionalFeesSchedule
Name:
JOAN AND MORGAN MASSEY FOUNDATION
EIN:
46-2864841
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 20,848 20,848   0


TY 2024 TaxesSchedule
Name:
JOAN AND MORGAN MASSEY FOUNDATION
EIN:
46-2864841
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX WITHHELD FROM EQUITY INVESTMENTS 25 25   0
FOREIGN TAX WITHHELD FROM PASS-THRU'S 79 73   0