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
POTTS FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)909 E BRITTON ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OKLAHOMA CITY, OK73114
A Employer identification number

73-1119767
B Telephone number (see instructions)

(405) 486-4955
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$8,218,091J 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) 3,414,322
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 166,738 166,738 166,738
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,102,886
b Gross sales price for all assets on line 6a 6,709,855
7 Capital gain net income (from Part IV, line 2)... 1,102,886
8 Net short-term capital gain......... 14,692
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
2,330 2,330 2,330
12 Total. Add lines 1 through 11........ 4,686,276 1,271,954 183,760
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 471,106   471,106 471,106
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
67,755   67,755 67,755
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
408,272 27,690 408,272 422,526
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
61,614 17,057 61,614 43,812
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
400   400
20 Occupancy.............. 46,324   46,324  
21 Travel, conferences, and meetings....... 21,831   21,831 20,595
22 Printing and publications.......... 1,022   1,022 1,022
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
309,337 71 309,337 300,542
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,387,661 44,818 1,387,661 1,327,358
25 Contributions, gifts, grants paid....... 699,924 628,287
26 Total expenses and disbursements. Add lines 24 and 25 2,087,585 44,818 1,387,661 1,955,645
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,598,691
b Net investment income (if negative, enter -0-) 1,227,136
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............. 352,889 1,428,229 1,428,229
2 Savings and temporary cash investments......... 16,011 43,609 43,609
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................. 125,910    
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....   25 25
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.......... 2,301    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 4,821,035 Click to see attachment
List of Attached Documents:
// Content
6,549,738 		6,549,738
14 Land, buildings, and equipment: basis right arrow11,226
Less: accumulated depreciation (attach schedule) right arrow10,193 1,433 Click to see attachment
List of Attached Documents:
// Content
1,033 		 
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,517,371 		Click to see attachment
List of Attached Documents:
// Content
1,703,535 		Click to see attachment
List of Attached Documents:
// Content
196,490
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,836,950 9,726,169 8,218,091
Liabilities 17 Accounts payable and accrued expenses.......... 81,811 923,185
18 Grants payable................. 146,000 217,637
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)......... 227,811 1,140,822
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........... 5,256,785 7,078,302
25 Net assets with donor restrictions............ 1,352,354 1,507,045
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 6,609,139 8,585,347
30 Total liabilities and net assets/fund balances (see instructions). 6,836,950 9,726,169
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
6,609,139
2
Enter amount from Part I, line 27a .....................
2
2,598,691
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
9,207,830
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
622,483
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,585,347
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 67 AFLAC, Inc. P 2013-04-04 2024-05-06
b 120 AFLAC, Inc. P 2013-04-04 2024-07-31
c 149 AFLAC, Inc. P 2013-04-04 2024-10-03
d 5024 AFLAC, Inc. P 2013-04-04 2024-10-31
e 568 AFLAC, Inc. P 2018-07-11 2024-10-31
87 AFLAC, Inc. P 2020-06-24 2024-10-31
1474 Albertsons Co. P 2024-01-11 2024-12-12
551 Albertsons Co. P 2024-10-31 2024-12-12
851 Allison Transmission P 2020-10-02 2024-11-01
206 Allison Transmission P 2020-11-17 2024-11-01
43 Allison Transmission P 2021-09-24 2024-11-01
116 Allison Transmission P 2021-09-24 2024-11-07
143 Annaly Capital Management P 2023-10-10 2024-07-31
307 Bristol Myers Squibb Company P 2016-10-05 2024-07-31
222 Bristol Myers Squibb Company P 2017-06-07 2024-07-31
128 CVS Corp. P 2016-10-05 2024-07-31
165 CVS Corp. P 2018-05-10 2024-07-31
428 CVS Corp. P 2018-05-10 2024-12-19
149 CVS Corp. P 2019-02-20 2024-12-19
585 CVS Corp. P 2020-09-28 2024-12-19
554 CVS Corp. P 2024-11-01 2024-12-19
304 Chevron Corporation P 2020-09-28 2024-11-04
71 ConocoPhillips P 2004-03-30 2024-07-31
41 ConocoPhillips P 2005-01-11 2024-07-31
18 Eaton Corp. PLC P 2018-04-25 2024-07-31
147 Emcor Group, Inc. P 2010-01-20 2024-10-31
397 GlaxoSmithKline PLC P 2018-01-22 2024-05-06
26 Home Depot, Inc. P 2018-12-26 2024-07-31
338 Intel Corporation P 2017-05-11 2024-07-31
585 Intel Corporation P 2017-05-11 2024-08-28
108 Intel Corporation P 2020-06-26 2024-08-28
78 Intel Corporation P 2020-09-28 2024-08-28
249 Intel Corporation P 2020-11-09 2024-08-28
25 Intel Corporation P 2020-11-13 2024-08-28
36 IBM P 2005-01-11 2024-07-31
15 IBM P 2005-04-19 2024-07-31
24 IBM P 2005-04-19 2024-12-20
482 International Paper Company P 2018-09-04 2024-06-24
778 International Paper Company P 2020-05-15 2024-06-24
650 International Paper Company P 2020-05-15 2024-11-01
133 International Paper Company P 2021-02-04 2024-11-01
129 International Paper Company P 2021-02-09 2024-11-01
80 International Paper Company P 2021-02-19 2024-11-01
29 JM Smucker Co. P 2023-09-27 2024-07-31
63 JP Morgan Chase & Co. P 2013-04-04 2024-07-31
40 JP Morgan Chase & Co. P 2013-04-04 2024-12-20
2260 Juniper Networks, Inc. P 2021-04-14 2024-01-09
79 Meta Platforms, Inc. P 2022-04-21 2024-10-31
199 NetApp, Inc. P 2019-11-22 2024-03-01
280 OGE Energy Corp. P 2020-09-08 2024-07-31
4310 OGE Energy Corp. P 2020-09-08 2024-11-01
84 OGE Energy Corp. P 2020-09-28 2024-11-01
203 OGE Energy Corp. P 2020-11-12 2024-11-01
393 Oracle Corp. P 2009-10-05 2024-10-31
352 Patterson Companies P 2023-02-10 2024-07-31
1530 Patterson Companies P 2023-02-10 2024-12-12
800 Patterson Companies P 2024-10-31 2024-12-12
760 Pfizer, Inc. P 2007-06-26 2024-07-31
303 PPL Corp. P 2020-09-08 2024-07-31
1712 PPL Corp. P 2020-09-08 2024-11-01
82 PPL Corp. P 2020-09-28 2024-11-01
188 PPL Corp. P 2020-11-12 2024-11-01
188 Qualcomm, Inc. P 2019-02-15 2024-05-06
3898 Sylvamo Corp. P 2021-11-12 2024-10-31
83 Timken Co. P 2023-09-01 2024-05-06
187 Tyson Foods, Inc. P 2002-10-21 2024-07-31
172 Unilever PLC P 2023-08-24 2024-07-31
1132 Unilever PLC P 2023-08-04 2024-10-17
95 United Parcel Service P 2017-05-10 2024-07-31
1258 Viatris, Inc. P 2021-03-10 2024-07-31
23000 Bank of America 3.95% 4/21/2025 P 2015-12-14 2024-05-03
50000 Bank of America 3.95% 4/21/2025 P 2017-05-11 2024-05-03
185000 U.S. Treasury Bill 3/14/2024 P 2024-01-26 2024-02-28
233000 U.S. Treasury Bill 5/23/2024 P 2024-02-28 2024-04-11
100000 U.S. Treasury Bill 6/27/2024 P 2024-05-24 2024-06-17
163000 U.S. Treasury Bill 8/22/2024 P 2024-06-17 2024-07-30
70000 U.S. Treasury Bill 9/26/2024 P 2024-07-30 2024-07-31
115000 U.S. Treasury Bill 9/26/2024 P 2024-07-30 2024-09-05
160000 U.S. Treasury Bill 10/22/2024 P 2024-09-05 2024-09-27
190000 U.S. Treasury Bill 11/26/2024 P 2024-09-27 2024-11-07
700000 U.S. Treasury Bill 11/26/2024 P 2024-10-31 2024-11-07
280000 U.S. Treasury Bill 11/26/2024 P 2024-11-01 2024-11-07
122000 U.S. Treasury Bill 1/21/2025 P 2024-11-07 2024-11-15
240000 U.S. Treasury Bill 1/21/2025 P 2024-11-07 2024-12-17
760000 U.S. Treasury Bill 1/21/2025 P 2024-11-07 2024-12-19
75000 U.S. Treasury Bill 2/11/2025 P 2024-12-19 2024-12-20
54000 U.S. Treasury 2.75% 11/15/2042 P 2019-05-08 2024-09-25
19000 U.S. Treasury 2.75% 11/15/2042 P 2019-05-08 2024-11-15
24000 U.S. Treasury 2.75% 11/15/2042 P 2022-08-04 2024-11-15
4000 U.S. Treasury 2.75% 11/15/2042 P 2022-09-27 2024-11-15
107000 U.S. Treasury 4.25% 9/30/2024 P 2023-02-07 2024-09-19
66000 U.S. Treasury 4.25% 9/30/2024 P 2023-03-15 2024-09-19
15000 U.S. Treasury 4.25% 9/30/2024 P 2023-09-20 2024-09-19
102000 U.S. Treasury 2.75% 2/15/2024 P 2023-05-09 2024-02-15
152000 U.S. Treasury 2.50% 5/15/2024 P 2023-12-05 2024-05-03
66000 U.S. Treasury 3.25% 8/31/2024 P 2024-02-16 2024-08-15
86000 U.S. Treasury 4.50% 11/30/2024 P 2024-05-03 2024-11-15
338 iShares U.S. Treasury Bond 0 to 3 mo ETF P 2023-09-22 2024-01-11
264 iShares U.S. Treasury Bond 0 to 3 mo ETF P 2023-09-22 2024-01-24
700 iShares U.S. Treasury Bond 0 to 3 mo ETF P 2023-11-09 2024-01-24
712 iShares U.S. Treasury Bond 0 to 3 mo ETF P 2024-01-11 2024-01-24
(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 5,648   1,724 3,924
b 11,459   3,088 8,371
c 16,975   3,834 13,141
d 550,985   142,863 408,122
e 62,293   24,209 38,084
9,541   3,098 6,443
27,105   33,769 -6,664
10,132   10,020 112
90,669   28,554 62,115
21,948   8,066 13,882
4,581   1,476 3,105
13,512   4,017 9,495
2,865   2,589 276
14,760   16,781 -2,021
10,673   12,175 -1,502
9,263   11,028 -1,765
8,719   10,380 -1,661
19,587   26,924 -7,337
6,819   9,616 -2,797
26,771   34,159 -7,388
25,353   31,174 -5,821
46,602   22,417 24,185
7,917   1,797 6,120
4,572   1,337 3,235
5,513   1,377 4,136
63,590   3,776 59,814
17,178   15,613 1,565
9,669   4,337 5,332
10,391   12,050 -1,659
11,549   20,857 -9,308
2,132   6,258 -4,126
1,540   3,986 -2,446
4,916   11,483 -6,567
493   1,155 -662
6,993   3,356 3,637
2,914   1,216 1,698
5,376   1,955 3,421
22,663   22,346 317
36,580   20,536 16,044
29,824   17,258 12,566
9,428   5,630 3,798
9,428   5,639 3,789
5,968   3,573 2,395
3,429   3,632 -203
13,491   2,982 10,509
9,314   1,894 7,420
83,261   58,031 25,230
46,609   15,046 31,563
21,453   12,136 9,317
10,871   8,748 2,123
171,894   134,356 37,538
3,350   2,502 848
8,096   6,755 1,341
68,993   8,026 60,967
8,950   10,473 -1,523
47,402   45,521 1,881
24,785   17,084 7,701
23,462   25,447 -1,985
8,987   8,672 315
55,816   48,964 6,852
2,673   2,228 445
6,129   5,533 596
34,162   9,736 24,426
333,943   121,044 212,899
7,472   6,492 980
11,444   12,194 -750
10,597   8,939 1,658
71,352   58,833 12,519
12,382   15,602 -3,220
15,378   17,746 -2,368
22,613   22,965 -352
49,158   49,923 -765
184,621   183,708 913
231,598   230,153 1,445
99,871   99,561 310
162,474   161,534 940
69,428   69,420 8
114,674   114,047 627
159,544   158,969 575
189,546   188,610 936
698,328   697,650 678
279,331   279,106 225
121,001   120,880 121
239,010   237,797 1,213
757,061   753,023 4,038
74,532   74,522 10
44,199   53,443 -9,244
14,528   17,961 -3,433
18,351   22,687 -4,336
3,059   3,781 -722
106,975   106,599 376
65,985   65,753 232
14,996   14,944 52
102,000   100,388 1,612
151,881   150,203 1,678
65,941   65,303 638
85,981   85,604 377
33,959   33,989 -30
26,561   26,516 45
70,426   70,306 120
71,634   71,512 122
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       3,924
b       8,371
c       13,141
d       408,122
e       38,084
      6,443
      -6,664
      112
      62,115
      13,882
      3,105
      9,495
      276
      -2,021
      -1,502
      -1,765
      -1,661
      -7,337
      -2,797
      -7,388
      -5,821
      24,185
      6,120
      3,235
      4,136
      59,814
      1,565
      5,332
      -1,659
      -9,308
      -4,126
      -2,446
      -6,567
      -662
      3,637
      1,698
      3,421
      317
      16,044
      12,566
      3,798
      3,789
      2,395
      -203
      10,509
      7,420
      25,230
      31,563
      9,317
      2,123
      37,538
      848
      1,341
      60,967
      -1,523
      1,881
      7,701
      -1,985
      315
      6,852
      445
      596
      24,426
      212,899
      980
      -750
      1,658
      12,519
      -3,220
      -2,368
      -352
      -765
      913
      1,445
      310
      940
      8
      627
      575
      936
      678
      225
      121
      1,213
      4,038
      10
      -9,244
      -3,433
      -4,336
      -722
      376
      232
      52
      1,612
      1,678
      638
      377
      -30
      45
      120
      122
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 1,102,886
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 14,692
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 17,057
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  
3 Add lines 1 and 2........................... 3 17,057
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 17,057
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 2,301
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 16,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,301
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 1,244
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow1,244 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
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 arrowOK
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
Yes
 
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 arrowwww.pottsfamilyfoundation.org
14
The books are in care ofright arrowPotts Family Foundation Inc Telephone no.right arrow (405) 486-4955

Located atright arrow909 E Britton RoadOklahoma CityOK ZIP+4right arrow731147802
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
 
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
Patricia Potts Director
5.00 		0    
909 E Britton Road
Oklahoma City,OK731147802
Kathy Potts Chairman
1.00 		0    
9211 Lake Hefner Pkwy Ste 300
Oklahoma City,OK73120
Paula Potts Director
1.00 		0    
13321 Northview Drive
Oklahoma City,OK73142
Amanda Johnson Director
1.00 		0    
15068 W Rock Creek Road
Coleman,OK73432
Marnie Taylor Director
1.00 		0    
720 W Wilshire Blvd Ste 115
Oklahoma City,OK73116
Larry Potts Director
1.00 		0    
216 Foreman Circle
Norman,OK73069
Mariana Llanos Director
1.00 		0    
6000 Kingsbridge Drive
Oklahoma City,OK73162
Mark Potts Director
1.00 		0    
909 E Britton Road
Oklahoma City,OK731147802
Ray Potts Director
2.00 		0    
909 E Britton Road
Oklahoma City,OK731147802
Ginny Bass Carl Director
1.00 		0    
8504 N Georgia Avenue
Oklahoma City,OK73114
Susan Potts Secretary
1.00 		0    
216 Foreman Circle
Norman,OK73069
Steve Potts Director
1.00 		0    
909 E Britton Road
Oklahoma City,OK731147802
Dan Schiedel Director
1.00 		0    
917 W York Avenue
Enid,OK73701
Jill Daugherty Director
1.00 		0    
301 W Main St Suite 323
Ardmore,OK73401
Valerie Thompson Vice President
1.00 		0    
3900 N Martin Luther King Ave
Oklahoma City,OK73111
Daniel Burton Director
1.00 		0    
PO Box 20778
Oklahoma City,OK73156
Bailey Perkins-Wright Director
1.00 		0    
3355 S Purdue Avenue
Oklahoma City,OK73179
Megan Benn Director
1.00 		0    
1200 Wandering Oaks Lane
Norman,OK73026
Timothy Tippit Treasurer
1.00 		0    
1608 Mission Road
Edmond,OK73034
Kevin Evans Director
1.00 		0    
202639 E County Road 42
Woodward,OK73801
Martina Jelley Director
1.00 		0    
2839 East 44th Court
Tulsa,OK74105
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
Ann R Griffin President/CEO
40.00 		128,868    
1951 Segovia Circle
Edmond,OK73034
Linda S Manaugh Chief Prog Officer
40.00 		116,143    
3525 NW 66th Street
Oklahoma City,OK73116
Haley Hegwood Program Specialist
40.00 		70,477    
11612 SW 17th Court
Yukon,OK73099
Sherry Fair Mgr Program/Comm
40.00 		69,729    
6709 Newman Drive
Oklahoma City,OK73162
Audra L Haney Health Specialist
40.00 		68,551    
3925 Prairie Hill Court
Edmond,OK73003
Total number of other employees paid over $50,000...................right arrow  
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 arrow  
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 Activities relative to the organization's mission of providing sustainable solutions to social problems in Oklahoma, supporting capacity building within the nonprofit sector, and improving public education, with a primary focus on early childhood development 1,387,661
2 Grants made to Section 501(c)(3) organizations (see Part XV for recipients, grant process, etc.) 699,924
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
5,322,562
b
Average of monthly cash balances.......................
1b
723,327
c
Fair market value of all other assets (see instructions)................
1c
196,515
d
Total (add lines 1a, b, and c).........................
1d
6,242,404
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
6,242,404
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
93,636
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,148,768
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
307,438
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
 
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
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,955,645
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,955,645
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  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
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
0       0
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		1,955,645 1,166,468 708,234 677,959 4,508,306
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 .... 		1,955,645 1,166,468 708,234 677,959 4,508,306
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ...... 6,242,404 5,257,302 5,768,455 6,300,556 23,568,717
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		 6,242,404 5,257,302 5,768,455 6,300,556 23,568,717
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		        0
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).)
Patricia Potts
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:
Cassady Dixon
909 E Britton Road
Oklahoma City,OK731147802
(405) 486-4955
cdixon@pottsfamilyfoundation.org
bThe form in which applications should be submitted and information and materials they should include:
Written grant application, including project and organization budget, Section 501(c)(3) IRS Determination Letter, most recent Form 990, grantee evaluation form, and any other financial statements relevant to grant request
cAny submission deadlines:
Various
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Grants are restricted to organizations whose programs address one of four areas focusing on children ages zero to five years: (1) Evidence Based Early Literacy/Numeracy Programs, (2) Affordable High Quality Child Care, (3) Affordable Preventative Health Care in Early Childhood (including Brain Health), and (4) Evidence Based Family Support Programs. Prospective grant recipients are those whose proposals break the cycle of generational poverty and dysfunction, create awareness, advocacy and activism on behalf of young children, offer the most impact per contribution dollar, build potential of people and organizations, impact present and future needs of young children, have sustainable impact beyond the grant period, enhance the cognitive and socio-emotional development of young children, collaborate with other service providers to optimize outcomes, can be replicated and expanded, address root causes rather than symptoms, and involve parents, families, community leaders, business leader
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
Oklahoma Center for Nonprofits


701 N Lindsay Avenue
Oklahoma City,OK73104 		N/A PC Management training and consulting services to community nonprofits 140,000
Sunbeam Family Services


1100 NW 14th St
Oklahoma City,OK73106 		N/A PC Affordable, quality social services to improve individual and family functioning 25,000
LIFT Community Action Agency


209 4th Street
Hugo,OK74743 		N/A PC Anti-poverty programs improving the lives of low-income individuals and families leading to self-sufficiency 48,665
Community Resourcing Inc


701 E 12th Avenue
Stillwater,OK74074 		N/A PC Organizing food pantries to feed the Stillwater community collaboratively andproviding connections that enable lasting change 23,019
Delaware County Community Partnersh


1100 N 3rd Street
Grove,OK74344 		N/A PC Improve the lives of those who live in Delaware County by offering addiction and overdose prevention services, sponsoring back-to-school reoource fairs and school supply drives for students, assisting with medical and educational programs, and partnering with local schools and communities to support youth physical and mental health programs 59,521
Child Advocacy Network


2815 S Sheridan Road
Tulsa,OK74129 		N/A PC Provide collaborative intervention services to child abuse victims 1,000
Rural Health Projects Inc


2929 E Randolph Avenue
Enid,OK73701 		N/A PC Improve access to and quality of healthcare services for rural Oklahomans through collaboration, advocacy, education, recruitment, and training 38,630
Northern Oklahoma Youth Services


2203 N Ash Street
Ponca City,OK74601 		N/A PC Strengthen the families and youth of northern Oklahoma by decreasing the occurrence of child abuse, child neglect, family violence, teen pregnancy, and juvenile delinquency 37,143
Great Plains Youth Family Services


901 S Broadway Road
Hobart,OK73651 		N/A PC Provide, assist and facilitate a community-based, structured process of counseling, socialization, recreation and education assistance to youth and their families in need of support adjusting to current life situations 21,000
Focus on Home


6608 N Western Avenue Suite 202
Oklahoma City,OK73116 		N/A PC Partner with local service agencies to identify families in need, create a furnishings package of gently used donated items, and work with the family to set up their new home. 1,000
Okla Youth Hunting Shooting Program


PO Box 21007
Oklahoma City,OK73156 		N/A PC Pass on Oklahoma's hunting heritage by providing youths age twelve through seventeenpre-hunt training and during-the-hunt guidance, encouraging character traits of independence,self-reliance, and self-confidence 1,000
Community Action Project of Tulsa C


5330 E 31st Street Suite 300
Tulsa,OK74135 		N/A PC Help young children in lower-income families grow up and achieve economic success 10,000
Legacy Parenting Center


126 S Center Avenue
Shawnee,OK74801 		N/A PC Pprovide individualized and group parent education, social support for parents, and tangible resources such as diapers, clothing, baby and toddler supplies, car seats, etc. 101,223
Western Plains Youth Family Service


202639 E County Road 42
Woodward,OK73801 		N/A PC Provide quality community-based, educational, preventative, counseling, shelter and 24 hour mobile crisis services in northwest Oklahoma to individuals in need 87,586
Rainbow Fleet


1105 NW 45th Street
Oklahoma City,OK73118 		N/A PC Offer high-quality early childhood education to children aged 6 weeks to 4 years old 1,000
ReMerge of Oklahoma County


823 N Villa Ave
Oklahoma City,OK73107 		N/A PC Restore mothers facing non-violent felony offenses to their families through a comprehensive diversion program of treatment, recovery, and hope 1,000
Norman Public Schools Foundation


1301 S Flood Avenue
Norman,OK73069 		N/A PC Enhance educational experience for public school students 500
W K Jackson Leadership Academy


5700 N Kelley
Oklahoma City,OK73111 		N/A PC Provide scholars a free high-quality, disciplined, instructional blended educational opportunity 500
Veterans for Life USA


PO Box 1094
Mustang,OK73064 		N/A PC Help first responders and veterans who struggle with post-traumatic stress and substance use disorders 1,000
Leadership Oklahoma City


730 W Wilshire Blvd Suite 116
Oklahoma City,OK73116 		N/A PC Develop leaders to become the most effective forces of positive community change through education, training, and connecting people with a common interest in community improvement 500
Hope Is Alive Ministries


14400 Bogert Parkway
Oklahoma City,OK73134 		N/A PC Transform lives impacted by addiction through a holistic approach including sober living homes, an innovative healing center for personalized recovery support, and compassionate support groups for families 1,000
Urban League of Greater Oklahoma Ci


3900 N Martin L King Jr Avenue
Oklahoma City,OK73111 		N/A PC Bring social and economic equality to impoverished citizens 500
Garfield County Child Advocacy Coun


1002 E Broadway
Enid,OK73701 		N/A PC Provide a warm home-like environment for children who must be interviewed about incidents of physical and sexual abuse 1,000
Oklahoma Institute for Child Advoca


3909 N Classen Suite 101
Oklahoma City,OK73118 		N/A PC Create awareness and affect policy change on behalf of children and youth 26,000
Bridges


1670 Stubbeman Avenue
Norman,OK73069 		N/A PC Empower high school students in family crisis to pursue education without obstacles 500
Total .................................right arrow 3a 628,287
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 166,738  
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 1,102,886  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRoyalties 		    15 2,330  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   1,271,954  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,271,954
(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: 24020490
Software Version: 2024v5.2


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
POTTS FAMILY FOUNDATION INC
EIN:
73-1119767
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 40,475 0 40,475 40,475
Audit Fees 27,280 0 27,280 27,280

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule
Name:
POTTS FAMILY FOUNDATION INC
EIN:
73-1119767
Software ID:
24020490
Software Version:
2024v5.2
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Office Furniture 2017-08-15 4,000 2,567 SL 10.0000 400   400  

TY 2024 InvestmentsOtherSchedule2
Name:
POTTS FAMILY FOUNDATION INC
EIN:
73-1119767
Software ID:
24020490
Software Version:
2024v5.2
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Charles Schwab - managed account FMV 6,549,738 6,549,738

TY 2024 LandEtcSchedule2
Name:
POTTS FAMILY FOUNDATION INC
EIN:
73-1119767
Software ID:
24020490
Software Version:
2024v5.2
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Furniture and Fixtures 4,000 2,967 1,033  
Machinery and Equipment 7,226 7,226    


TY 2024 OtherAssetsSchedule
Name:
POTTS FAMILY FOUNDATION INC
EIN:
73-1119767
Software ID:
24020490
Software Version:
2024v5.2
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Advance to Impact Accelerator 25,000 48,521 48,521
Beneficial Interest in CRT's 1,352,354 1,507,045  
Cash Surrender Value of Life Insurance 136,865 141,333 141,333
Dividends Receivable   1,154 1,154
Investment in Royalty-Producing Assets 3,152 5,482 5,482


TY 2024 OtherExpensesSchedule
Name:
POTTS FAMILY FOUNDATION INC
EIN:
73-1119767
Software ID:
24020490
Software Version:
2024v5.2
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Bank Charges 1,636 71 1,636 1,636
Dues 22,323   22,323 21,292
Employee Benefits 2,588   2,588 15,090
Information Technology 22,227   22,227 18,591
Insurance 6,623   6,623 6,623
Office Expenses 1,998   1,998 1,998
Outside Services 100,486   100,486 90,000
Overhead Reimbursed - Grant Programs 74,222   74,222 74,222
Postage & Shipping 545   545 596
Public Relations & Development 61,704   61,704 55,372
Training & Development 11,530   11,530 11,530
Utilities 3,455   3,455 3,592


TY 2024 OtherIncomeSchedule2
Name:
POTTS FAMILY FOUNDATION INC
EIN:
73-1119767
Software ID:
24020490
Software Version:
2024v5.2
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Royalties 2,330 2,330 2,330


TY 2024 OtherProfessionalFeesSchedule
Name:
POTTS FAMILY FOUNDATION INC
EIN:
73-1119767
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Consulting 380,582 0 380,582 397,074
Investment Management Fees 27,690 27,690 27,690 25,452


TY 2024 TaxesSchedule
Name:
POTTS FAMILY FOUNDATION INC
EIN:
73-1119767
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Tax 17,057 17,057 17,057  
Payroll Tax 39,211   39,211 38,466
Property Tax 5,346   5,346 5,346