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 07-01-2024 , and ending 06-30-2025
Name of foundation
Peachtree House Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)co Rita Smith 2530 Salisbury Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Midlothian, VA231133824
A Employer identification number

54-1633892
B Telephone number (see instructions)

(804) 794-8230
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$12,434,351J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 218,375 217,229  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 298,254
b Gross sales price for all assets on line 6a 2,376,648
7 Capital gain net income (from Part IV, line 2)... 298,254
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 516,629 515,483  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 6,371 0   6,371
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
9,864 0   9,864
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
37,629 37,629   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
7,750 339   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
31 6   25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 61,645 37,974   16,260
25 Contributions, gifts, grants paid....... 643,000 643,000
26 Total expenses and disbursements. Add lines 24 and 25 704,645 37,974   659,260
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -188,016
b Net investment income (if negative, enter -0-) 477,509
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......... 210,228 51,289 51,289
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) 119,423 Click to see attachment
List of Attached Documents:
// Content
995,029 		1,003,419
b Investments—corporate stock (attach schedule)....... 1,384,405 Click to see attachment
List of Attached Documents:
// Content
1,366,555 		5,895,721
c Investments—corporate bonds (attach schedule)....... 837,939 Click to see attachment
List of Attached Documents:
// Content
492,818 		504,577
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).......... 2,661,384 Click to see attachment
List of Attached Documents:
// Content
2,140,432 		4,979,345
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,213,379 5,046,123 12,434,351
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 5,213,379 5,046,123
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 5,213,379 5,046,123
30 Total liabilities and net assets/fund balances (see instructions). 5,213,379 5,046,123
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
5,213,379
2
Enter amount from Part I, line 27a .....................
2
-188,016
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
20,760
4
Add lines 1, 2, and 3 ..........................
4
5,046,123
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
5,046,123
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 Bank of America-Publicly Traded Securities P    
b Bank of America-Publicly Traded Securities P    
c Capital Gains Dividends P    
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 715,728   710,595 5,133
b 1,500,615   1,367,799 132,816
c 160,305     160,305
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       5,133
b       132,816
c       160,305
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 2 298,254
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 6,637
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 6,637
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 6,637
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 5,444
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 5,444
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 1,193
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right 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 arrowThe Foundation Telephone no.right arrow (804) 794-8230

Located atright arrowc/o Rita Smith 2530 Salisbury RdMidlothianVA ZIP+4right arrow231133824
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Elmon B Duff President/Director
1.00 		0 0 0
c/o Rita Smith 2530 Salisbury Rd
Midlothian,VA23113
James C Duff Vice President/Director
1.00 		0 0 0
c/o Rita Smith 2530 Salisbury Rd
Midlothian,VA23113
Rita M Smith Secretary/Treasurer/Director
2.00 		6,371 0 0
2530 Salisbury Road
Midlothian,VA23113
Rachel M Duff Vice President/Director
1.00 		0 0 0
c/o Rita Smith 2530 Salisbury Rd
Midlothian,VA23113
Teresa L Duff Vice President/Director
1.00 		0 0 0
c/o Rita Smith 2530 Salisbury Rd
Midlothian,VA23113
Hannah E Duff Vice President/Director
1.00 		0 0 0
c/o Rita Smith 2530 Salisbury Rd
Midlothian,VA23113
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
12,258,886
b
Average of monthly cash balances.......................
1b
308,374
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
12,567,260
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
12,567,260
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
188,509
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
12,378,751
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
618,938
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
618,938
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
6,637
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
6,637
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
612,301
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
612,301
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
612,301
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
659,260
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
659,260
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 7 612,301
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020...... 80,425
c From 2021...... 30,337
d From 2022...... 77,967
e From 2023...... 56,876
f Total of lines 3a through e ........ 245,605
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 659,260
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 612,301
e Remaining amount distributed out of corpus 46,959
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 5 292,564
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		292,564
10 Analysis of line 9:
a Excess from 2020.... 80,425
b Excess from 2021.... 30,337
c Excess from 2022.... 77,967
d Excess from 2023.... 56,876
e Excess from 2024.... 46,959
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

1708 Gallery

PO Box 12520
Richmond,VA23241 		None PC Inlight 2025 10,000

Boys & Girls Clubs

100 Everett St 1
Richmond,VA23224 		None PC Career & Life Pathways Program 29,000

Art for the Journey

825 Grove Road Suite 14
Midlothian,VA23114 		None PC Annual Support 7,500

CancerLINC

200 S 3rd St
Richmond,VA23219 		None PC General Operating Fund 9,500

Children's Museum

2626 West Broad Street
Richmond,VA23220 		None PC Trailblazers Club 10,000

Commonwealth Catholic Charities

1601 Rolling Hills Drive
Richmond,VA23229 		None PC Edward McNamara Smith Building/Maintenance Fund 23,000

Bach Society of Dayton Ohio

126 North Main St Ste 210
Dayton,OH45402 		None PC Annual Support 24,000

FETCH Inc

5711 Staples Mill Rd Ste 101
Richmond,VA23228 		None PC Support and Pixie's Pen Pals 59,500

FORE Children Foundation

600 Founders Bridge Blvd
Midlothian,VA23113 		None PC Annual Support 10,000

Friends of Hollywood Cemetery

412 South Cherry Street
Richmond,VA23220 		None PC Fence Restoration Work 7,500

Full Circle

10611 Patterson Ave 201
Richmond,VA23238 		None PC Loss Specific Groups 5,000

Squishy Face Crew VA

9916 Brock Road
Spotsylvania,VA22553 		None PC Annual Support 10,000

Hungry for Music

2020 Pennsylvania Ave NW 384
Washington,DC20006 		None PC Annual Support 24,000

VA Foundation of Independent Colleges

901 E Byrd St Ste 1625
Richmond,VA23219 		None PC Scholarships 6,500

Science Museum of VA Foundation

PO Box 11624
Richmond,VA23230 		None PC Annual Support 5,000

Longwood University

201 High Street
Farmville,VA23909 		None PC LCVA Support 5,000

Mary Baldwin University

P O Box 1500
Staunton,VA24401 		None PC Annual Support 22,000

Maymont Foundation

1700 Hampton Street
Richmond,VA23220 		None PC Annual Support $15,500/Fiber optic Lighting $26,000/Council Reserve $15,500 57,000

National D-Day Memorial Foundation

PO Box 77
Bedford,VA24523 		None PC Annual Support 5,000

Lewis Ginter Botanical Garden

1800 Lakeside Ave
Richmond,VA23228 		None PC Conservatory Expansion 10,000

Preservation Virginia

204 West Franklin St
Richmond,VA232205012 		None PC Operating Support 5,000

Randolph Macon College

PO Box 5005
Ashland,VA230055005 		None PC Annual Fund 35,000

Richmond Animal League

11401 International Drive
Richmond,VA232363945 		None PC Annual Fund 33,000

Richmond Performing Arts Alliance

600 E Grace Street 400
Richmond,VA23219 		None PC Bright Lights Education Initiatives 10,000

Southwest Virginia Public Education Fund

One College Avenue Resource Center
Wise,VA24293 		None PC Summer Institute K-12 for Biodiversity at UVA-Wise 15,000

SPCA-Fredericksburg

10819 Courthouse Road
Fredericksburg,VA22408 		None PC Annual Support 33,000

St John's Church Foundation

2319 E Broad Street
Richmond,VA23223 		None PC For new siding 5,000

The Doorways - Hospital Hospitality House

612 E Marshall St
Richmond,VA23219 		None PC Hospital Hospitality House 5,000

Sheltering Arms Foundation

140 Eastshore Dr Ste 200
Glen Allen,VA23059 		None PC Bon Air Center Renovation 7,500

VA Holocaust Museum

200 East Cary St
Richmond,VA23223 		None PC Annual Support 24,000

Children's Hospital Foundation

Box 980693
Richmond,VA232980693 		None PC Family Resource Center 5,000

Virginia War Memorial Foundation

621 South Belvidere St
Richmond,VA232206504 		None PC Virginia Veteran Oral History Initiative 7,500

Virginia Museum of Fine Arts Fdn

200 N Boulevard
Richmond,VA23220 		None PC Art Mobile $15,000/Rose Group $5,000 20,000

Woodrow Wilson Presidential Library Fdn

PO Box 24
Staunton,VA244020024 		None PC Annual Fund 7,500

World Pediatric Project

3005 Seminary Ave
Richmond,VA23227 		None PC Global Pediatric Health Care 10,000

YMCA

2 West Franklin Street
Richmond,VA23220 		None PC Out-of-School Time Programs 10,000

YWCA

6 N 5th Street
Richmond,VA23219 		None PC The Sprout School 10,000

Riverside School

2110 McRae Rd
North Chesterfield,VA23235 		None PC Capital Campaign 10,000

Culture Works

1906 A North Hamilton St
Richmond,VA23230 		None PC Annual Support 5,000

Peter Paul RVA

1708 North 22nd St
Richmond,VA23233 		None PC Annual Support 5,000

Hanover Tavern Foundation

PO Box 487
Hanover,VA23069 		None PC Audio-Visual System 5,000

RampsRVA

1114 WestBriar Dr Ste D
Richmond,VA23238 		None PC Mission Suppport 5,000

Virginia Museum of History & Culture

PO Box 7311
Richmond,VA23221 		None PC America's 250th Anniversary 12,500

Free Clinic of Powhatan

2320 Skaggs Rd
Powhatan,VA23139 		None PC Nutrition Program 5,000

The George C Marshall Foundation

PO Box 1600
Lexington,VA24450 		None PC 2025 Summer Teachers Institute 6,500

Visual Arts Center

1812 West Main St
Richmond,VA23220 		None PC Operating Support 7,000
Total .................................right arrow 3a 643,000
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    
4 Dividends and interest from securities ....     14 218,375  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 298,254  
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) .. 0 516,629 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
516,629
(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 InvestmentsCorpBondsSchedule
Name:
Peachtree House Foundation
EIN:
54-1633892
Name of Bond End of Year Book Value End of Year Fair Market Value
Morgan Stanley GLB Var% 12/10/26 92,401 98,408
JP Morgan Chase & Co GLB Var% 5/6/30 93,559 97,329
Truist Financial Corp 1.2% 8/5/25 37,827 37,880
Abbvie Inc 0.75% 5/14/26 24,757 24,761
Goldman Sachs Group Inc 3.85% 1/26/27 15,879 15,894
Wells Fargo 4.30% 7/22/27 25,943 26,005
Parker-Hannifin 4.25% 9/15/27 16,010 16,039
JPMorgan Chase Var% 1/24/29 26,274 26,349
Capital One Var% 6/8/29 7,306 7,348
HCA Inc 3.625% 3/15/32 15,516 15,681
Dell Int/EMC 5.3% 4/1/32 10,089 10,221
UnitedHealth Group 4.5% 4/15/33 13,428 13,645
CVS 5.7% 6/1/34 16,233 16,474
Charles Schwab Var% 8/24/34 9,607 9,738
Uber Technologies 4.8% 9/15/34 7,782 7,858
Rio Tinto Fin USA 5.25% 3/14/35 8,025 8,140
Diamondback Energy 5.55% 4/1/35 7,958 8,087
Comcast 5.3% 5/15/35 8,043 8,151
Morgan Stanley GLB Var% 7/19/35 15,992 16,195
Capital One Var% 1/30/36 8,011 8,144
Bank of Nova Scotia 1.35% 6/24/26 21,336 21,373
Shire Acq Inv Ireland 3.2% 9/23/26 10,842 10,857

TY 2024 InvestmentsCorpStockSchedule
Name:
Peachtree House Foundation
EIN:
54-1633892
Name of Stock End of Year Book Value End of Year Fair Market Value
Abbott Labs 13,888 60,524
Abbvie Inc 7,894 56,614
Alphabet Inc Cl C 24,991 283,824
Alphabet Inc Cl A 25,162 281,968
Amazon Com Inc 68,886 175,512
Amgen Inc 7,057 12,564
Apple Inc 46,714 1,037,134
Automatic Data Processing Inc 10,798 38,550
Baxter Intl Inc 4,665 3,785
Becton Dickinson & Co 10,459 12,919
Berkshire Hathaway Inc New Cl B 59,981 174,877
Blackrock Inc 11,090 31,478
Carrier Global Corp 5,470 47,574
Caterpillar Inc 8,325 40,762
Chevron Corp 26,218 28,638
The Cigna Group 12,260 37,686
Citigroup Inc 5,373 8,512
Coca Cola Co 7,687 13,443
Colgate Palmolive Co 29,766 96,354
Deere & Co 8,032 45,764
Ecolab Inc 5,745 13,472
Emerson Elec Co 8,347 20,000
Exxon Mobil Corp 12,372 231,231
Goldman Sachs Group Inc 29,935 99,085
Home Depot Inc 37,683 95,326
Honeywell Intl Inc 11,178 26,781
Ishares Edge MSCI USA Quality Factor ETF 187,656 378,437
Ishares US Aerospace & Defense ETF 45,218 94,320
JP Morgan Chase & Co 36,488 226,130
Johnson & Johnson 9,488 14,511
Lockheed Martin Corp 16,864 104,207
Lowes Cos Inc 15,887 155,309
McDonalds Corp 10,643 32,139
Microsoft Corp 7,398 475,027
Northrop Grumman Corp 54,447 97,496
Pepsico Inc 21,147 55,457
PNC Finl Svcs Group Inc 19,068 93,210
Procter & Gamble Co 13,136 42,379
Qualcomm Inc 9,795 23,093
Union Pac Corp 6,926 13,805
US Bancorp Del 16,586 36,200
Verizon Communications Inc 15,068 21,635
Visa Inc 14,713 78,111
Waste Mgmt Inc Del 25,950 185,344
Yum Brands Inc 9,220 68,904
Yum China Hldgs Inc 3,980 20,790
Hess Corp 16,052 41,285
Otis Worldwide Corp 7,650 32,182
Accenture PLC Cl A 9,676 32,878
Chubb Ltd 7,993 20,860
Linde PLC 49,854 143,100
Lyondellbasell Industries NV Cl A 5,887 4,050
Nestle SA 15,402 20,361
Broadcom Inc 35,249 68,913
Nvidia 74,786 110,593
RTX Corp 71,184 202,238
Advncd Micro D Inc 33,168 28,380

TY 2024 InvestmentsGovtObligationsSch
Name:
Peachtree House Foundation
EIN:
54-1633892
US Government Securities - End of Year Book Value:

995,029
US Government Securities - End of Year Fair Market Value:

1,003,419
State & Local Government Securities - End of Year Book Value:


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


0


TY 2024 InvestmentsOtherSchedule2
Name:
Peachtree House Foundation
EIN:
54-1633892
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Columbia Dividend Income Fund AT COST 676,050 1,684,920
Select Sector Spdr Tr Financial AT COST 44,823 87,720
Vanguard Growth ETF AT COST 92,341 374,832
Vanguard Index Tr Stk Mkt Vipers AT COST 399,067 1,287,144
Ishares Russell Mid-Cap ETF AT COST 53,246 158,924
John Hancock Fds III Disciplined Val Mid Cap Fd AT COST 188,920 392,937
Vanguard Mid-Cap ETF AT COST 122,197 349,788
Vanguard Real Estate ETF AT COST 122,593 158,082
Columbia Sm Cap Index Fd AT COST 320,419 307,982
Vanguard FTSE Developed Markets ETF AT COST 120,776 177,016

TY 2024 LegalFeesSchedule
Name:
Peachtree House Foundation
EIN:
54-1633892
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
McGuireWoods LLP 9,864 0   9,864


TY 2024 OtherExpensesSchedule
Name:
Peachtree House Foundation
EIN:
54-1633892
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SCC Annual Registration Fee 25 0   25
ADR Fee 6 6   0


TY 2024 OtherIncreasesSchedule
Name:
Peachtree House Foundation
EIN:
54-1633892
Description Amount
Cost Basis Adjustment/Corporate Action/Tax Adjustments 20,760


TY 2024 OtherProfessionalFeesSchedule
Name:
Peachtree House Foundation
EIN:
54-1633892
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Bank of America - Agency Fees 37,629 37,629   0


TY 2024 TaxesSchedule
Name:
Peachtree House Foundation
EIN:
54-1633892
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Tax Payments 7,411 0   0
Foreign Tax Paid 339 339   0