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
POWERS-WOLFE CHARITABLE TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)6102 SOUTH HIGHLANDS AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MADISON, WI53705
A Employer identification number

39-6609049
B Telephone number (see instructions)

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$14,379,863J 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... 234,743 234,743  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 48,628
b Gross sales price for all assets on line 6a 6,038,512
7 Capital gain net income (from Part IV, line 2)... 48,628
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........ 283,371 283,371  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,350 2,175   2,175
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
104,410 104,410   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
9,800 9,800   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 118,560 116,385   2,175
25 Contributions, gifts, grants paid....... 631,500 631,500
26 Total expenses and disbursements. Add lines 24 and 25 750,060 116,385   633,675
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -466,689
b Net investment income (if negative, enter -0-) 166,986
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......... 294,545 411,429 411,429
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) 697,438 Click to see attachment
List of Attached Documents:
// Content
641,078 		640,626
b Investments—corporate stock (attach schedule)....... 9,235,499 Click to see attachment
List of Attached Documents:
// Content
9,486,119 		12,361,336
c Investments—corporate bonds (attach schedule)....... 1,774,253 Click to see attachment
List of Attached Documents:
// Content
956,420 		966,472
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,001,735 11,495,046 14,379,863
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 664,000 624,000
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)......... 664,000 624,000
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........... 11,337,735 10,871,046
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........    
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)..... 11,337,735 10,871,046
30 Total liabilities and net assets/fund balances (see instructions). 12,001,735 11,495,046
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
11,337,735
2
Enter amount from Part I, line 27a .....................
2
-466,689
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
10,871,046
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
10,871,046
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 PUBLICLY TRADED STOCKS & BONDS P 2024-01-01 2024-12-31
b PUBLICLY TRADED STOCKS & BONDS P 2024-01-01 2024-12-31
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1   76 -75
b 6,038,511   5,989,808 48,703
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -75
b       48,703
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 48,628
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 2,321
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 2,321
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 2,321
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 1,926
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 1,926
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 27
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 422
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 arrowWI
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 arrowTHOMAS R WOLFE Telephone no.right arrow (608) 831-5208

Located atright arrow6102 SOUTH HIGHLANDS AVEMADISONWI ZIP+4right arrow53705
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
THOMAS R WOLFE TRUSTEE
1.00 		0 0 0
6102 SOUTH HIGHLANDS AVE
MADISON,WI53705
PATRICIA A POWERS TRUSTEE
1.00 		0 0 0
6102 SOUTH HIGHLANDS AVE
MADISON,WI53705
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
13,499,927
b
Average of monthly cash balances.......................
1b
365,436
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
13,865,363
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
13,865,363
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
207,980
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,657,383
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
682,869
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
682,869
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
2,321
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,321
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
680,548
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
680,548
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
680,548
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
633,675
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
633,675
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 7 680,548
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 543,239
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 633,675
a Applied to 2023, but not more than line 2a 543,239
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		Click to see attachment
List of Attached Documents:
// Content
0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 90,436
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		590,112
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
THOMAS R WOLFE
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

THE FOUNDRY

101 ROGERS ST
CAMBRIDGE,MA02142 		  PC GENERAL PURPOSE 4,000

BACH DANCING AND DYNAMITE SOCIETY

PO BOX 2348
MADISON,WI53701 		  PC GENERAL PURPOSE 5,000

SOUTHERN WISCONSIN BIRD ALLIANCE

211 S PATERSON ST SUITE 340
MADISON,WI53703 		  PC GENERAL PURPOSE 7,500

DOCTORS WITHOUT BORDERS

40 RECTOR ST 16TH FLOOR
NEW YORK,NY10006 		  PC GENERAL PURPOSE 10,000

WIS ACADEMY

N2355 DUBORG RD
COLUMBUS,WI53706 		  PC GENERAL PURPOSE 10,000

EAGLE SCHOOL - ANDY WRIGHT DIRECTOR

5454 GUNFLINT TRAIL
FITCHBURG,WI53711 		  PC GENERAL PURPOSE 10,000

WISCONSIN PUBLIC RADIO

821 UNIVERSITY AVE
MADISON,WI53706 		  PC GENERAL PURPOSE 10,000

WOMEN'S MEDICAL FUND

PO BOX 248
MADISON,WI53701 		  PC GENERAL PURPOSE 10,000

THE CLEARING FOLK SCHOOL

12171 GARRETT BAY ROAD
ELLISON BAY,WI54210 		  PC GENERAL PURPOSE 15,000

NRDC

20 NORTH WACKER DRIVE SUITE 1600
CHICAGO,IL60606 		  PC GENERAL PURPOSE 15,000

WILDERNESS SOCIETY

1801 PENNSYLVANIA AVE NW SUITE 200
WASHINGTON,DC20006 		  PC GENERAL PURPOSE 15,000

ENVIRONMENTAL DEFENSE FUND

257 PARK AVENUE SOUTH 17TH FLOOR
NEW YORK,NY10010 		  PC GENERAL PURPOSE 15,000

PLANNED PARENTHOOD OF WISCONSIN INC

3706 ORIN RD
MADISON,WI53704 		  PC GENERAL PURPOSE 20,000

PBS WISCONSIN

821 UNIVERSITY AVE
MADISON,WI53706 		  PC GENERAL PURPOSE 75,000

WIS NATURE CONSERVANCY

633 W MAIN ST
MADISON,WI53703 		  PC GENERAL PURPOSE 410,000
Total .................................right arrow 3a 631,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 234,743  
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 ............ 		    14 48,628  
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) .. 0 283,371 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
283,371
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
POWERS-WOLFE CHARITABLE TRUST
EIN:
39-6609049
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 4,350 2,175   2,175

TY 2024 AppliedToPriorYearElection
Name:
POWERS-WOLFE CHARITABLE TRUST
EIN:
39-6609049
Election:
PURSUANT TO IRC SEC. 4942(H)(20 AND REG. 53.4942(A)-3(D)(2), THE FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFING DISTRIBUTIONS IN EXCESS OF THE IMMEDIEATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF UNDISTRIBUTED INCOOME FOR 2006. THE AMOUNT ALLOCABLE TO 2006 IS $39,090.

TY 2024 InvestmentsCorpBondsSchedule
Name:
POWERS-WOLFE CHARITABLE TRUST
EIN:
39-6609049
Name of Bond End of Year Book Value End of Year Fair Market Value
SPRINGLEAF FIN CORP 8,131 8,110
CHENIERE ENERGY PRTNRS DUE 10/1/29 7,513 7,740
ENCOMPASS HEALTH CORP DUE 2/1/28 8,422 8,674
GLP CAP LP FLIG II INC DUE 1/15/32 8,766 8,559
CROWN CASTLE INTL CORP SR NOTE DUE 2/15/29 8,614 8,708
AMERICAN TOWER CORP SR NOTE DUE 11/15/33 8,218 8,250
PNC FINL SVCS GRP INC SR NOTE DUE 1/22/30 13,700 14,220
KB HOME SR NOTE DUE 11/15/29 7,302 7,530
AMERICAN EXPR CO UNSECD NOTE DUE 3/04/27 13,644 14,342
GOLDMAN SACHS GROUP INC SR GLBL NOTE DUE 2/07/30 13,473 14,165
ENLINK MIDSTREAM LLC SR NOTE DUE 6/01/29 7,380 7,992
APACHE CORP SR NOTE DUE 1/15/30 8,142 8,458
JP MORGAN CHASE & CO UNSECD NOTE DUE 12/05/29 14,341 14,668
L3HARRIS TECHS INC NOTE 6/1/31 7,943 8,004
NORTHERN TR CORP SR NOTE DUE 05/03/29 13,761 14,032
PUBLIC SVC CO SECD 1ST MTG BOND DUE 6/15/31 14,571 14,839
LAMAR MEDIA CORP SR NOTE DUE 1/15/29 7,710 7,670
US BANCORP UNSECD MEDIUM TERM NOTE DUE 6/12/29 7,964 8,182
US BANCORP UNSEC MEDIUM TERM NOTE DUE 4/26/28 14,363 14,558
ECOLAB INC UNSECD NOTE DUE 2/01/32 7,379 7,470
UNITED RENTALS INC SR NOTE DUE 2/15/31 7,785 8,021
CROWN AMER LLC CAP CORP SR NOTE DUE 2/01/26 7,660 7,890
VERIZON MSTR TR DUE 1/20/29 7,968 8,001
ALLY FINL INC SR NOTE 1/3/30 8,371 8,314
ADVANCE AUTO PARTS INC NOTE DUE 4/15/30 12,548 12,500
DELL INTL LLC 1ST LIEN NOTE DUE 7/15/36 7,906 8,300
AECOM SR NOTE DUE 3/15/27 7,790 7,910
ONCOR ELEC DELIV CO LLC SR SECD NOTE DUE 11/15/28 18,308 18,277
HILLENBRAND INC SR NOTE DUE 2/15/29 8,050 7,980
PENSKE AUTO GRP INC SR SUB NOTE DUE 6/15/29 7,671 8,179
AIR LEASE CORP NOTE DUE 7/15/31 8,079 7,922
OCCIDENTAL PETRO CORP SR NOTE DUE 9/15/31 7,825 7,744
WALT DISNEY CO NOTE DUE 6/15/27 13,983 14,457
ALABAMA PWR CO SR NOTE DUE 3/15/32 15,694 15,815
WALMART INC UNSECD NOTE DUE 9/22/51 9,408 8,666
WALGREEN BOOTS ALLIANCE UNSECD NOTE DUE 3/26/30 8,539 8,717
VITAL ENERGY INC DEL NOTE DUE 10/15/30 9,719 9,450
HASBRO INC UNSEC NOTE DUE 11/19/29 10,017 10,331
NUSTAR LOGISTICS LP SR NOTE DUE 4/28/27 7,713 7,920
VF CORP SR NOTE DUE 4/23/27 8,330 8,429
ALLEGHENY TECHS INC SR NOTE DUE 10/01/29 8,224 8,550
VERIZON COMMNS INC UNSECD NOTE DUE 3/22/51 7,918 7,784
ALLSTATE CORP SR NOTE DUE 12/15/25 8,109 8,674
CVS HLTH CORP SR NOTE DUE 7/20/45 8,303 7,584
FORD MOTOR CO DUE 7/16/31 8,170 8,586
SUNTRUST BANK ATLANTA GA BK NOTE DUE 5/15/26 7,526 7,833
FEDL HOME LOAN MTG CORP 0 6
STEELCASE INC NOTE 1/18/29 8,550 8,612
COCA COLA CO UNSECD NOTE DUE 3/25/30 10,276 10,383
STATE STR CORP SR NOTE DUE 5/13/33 14,276 14,278
STARWOOD PPTY TR INC SUB NOTE DUE 3/15/25 3,790 4,000
METHANEX CORP SR NOTE DUE 10/15/27 7,510 7,810
MURPHY OIL CORP NOTE DUE 10/1/32 9,022 8,629
SOUTHWESTERN ENERGY CO SR NOTE DUE 3/15/30 7,460 7,827
CALIFORNIA ST VARIOUS DUE 4/01/39 18,691 17,755
CAMPBELL SOUP CO UNSECD NOTE DUE 4/24/30 7,452 7,877
MGM RESORTS INTL NOTE 10/15/28 8,505 8,618
SM ENERGY CO SR NOTE DUE 1/15/27 11,520 11,940
SLM CORP UNSECD NOTE DUE 11/02/26 7,875 8,561
SILGAN HLDGS INC SR NOTE DUE 2/01/28 7,271 7,620
SALLY HLDGS LLC CAP INC NOTE DUE 3/1/32 8,210 8,020
CCO HLDGS LLC CAP CORP SR NOTE DUE 5/01/32 8,173 8,588
CELANESE US HLDGS LLC SR NOTE DUE 11/15/30 7,953 8,283
CENTENE CORP SR NOTE DUE 3/01/31 8,006 8,219
MIDAMERN ENERGY CO UNSECD 1ST MTG BOND DUE 4/15/29 4,756 4,777
MORGAN STANLEY SR NOTE DUE 1/23/30 8,629 8,771
ENERGY TRANSFER OPER LP SR NOTE DUE 4/15/29 7,894 8,030
SBA COMMNS CORP NEW SR NOTE DUE 2/15/27 12,087 12,448
BROADCOM CORP SR NOTE DUE 11/15/32 8,079 8,472
ELANCO ANIMAL HLTH INC NOTE DUE 8/28/28 12,441 12,169
NAVIENT CORP SR NOTE DUE 6/25/25 5,906 6,008
TWILIO INC UNSECD NOTE DUE 3/15/29 7,732 8,246
TRUIST FINL CORP MEDIUM TERM NOTE DUE 6/08/34 7,837 8,152
NAVIENT CORP SR NOTE DUE 3/15/27 3,850 3,910
NATIONAL RURAL UTILS TR BOND DUE 2/07/28 8,596 8,649
BALL CORP SR NOTE DUE 8/15/30 11,635 11,953
FEDL NATL MTG ASSN POOL #FS3686 DUE 1/01/53 25,113 24,387
BANK AMERICA CORP SR NOTE DUE 3/15/50 7,709 7,361
BANK AMERICA CORP SR NOTE DUE 7/23/29 14,180 14,608
BANK NY MELLON CORP MEDIUM TERM NOTE DUE 6/13/28 17,123 16,867
FEDL NATL MTG ASSN POOL #FS2050 DUE 2/01/51 11,389 11,536
M&T BANK CORP NOTE DUE 3/13/32 8,116 8,190
MASTERCARD INC UNSECD NOTE DUE 3/25/30 13,033 13,082
BOEING CO SR NOTE DUE 5/01/40 7,855 7,588
FEDL HOME LOAN MTG CORP POOL #SD1818 DUE 10/01/52 18,011 17,430
FEDL NATL MTG ASSN #FS7160 DUE 2/1/54 15,925 15,827
FEDL NATL MTG ASSN #MA4516 DUE 1/1/37 16,110 16,264
TEVA PHARM FIN NETHERLANDS SR NOTE DUE 10/01/26 7,850 8,640
TEXAS INSTRS INC NOTE DUE 9/15/31 13,964 14,222
FEDL NATL MTG ASSN #SD5309 DUE 4/1/54 16,648 16,716
FEDL NATL MTG ASSN POOL #FM1534 DUE 9/01/49 41,403 40,006
M/I HOMES INC NOTE DUE 2/1/28 8,708 8,663
MARRIOTT OWNERSHIP NOTE DUE 1/15/28 8,693 8,629
TENET HLTHCARE CORP NOTE DUE 11/01/27 7,657 7,840

TY 2024 InvestmentsCorpStockSchedule
Name:
POWERS-WOLFE CHARITABLE TRUST
EIN:
39-6609049
Name of Stock End of Year Book Value End of Year Fair Market Value
NESTLE S A 9,606 7,598
MICHELIN COMPAGNIE 5,583 5,409
MICROCHIP TECHNOLOGY INC 61,046 42,840
MICROSOFT CORP 290,039 460,278
MITSUBISHI UFJ FINANCIAL 9,360 9,481
MONOLITHIC POWER SYSTEM 14,064 20,118
MONOTARO CO LTD OSAKA 6,343 3,888
MONSTER BEVERAGE CORP 21,797 23,494
MOODYS CORP 12,731 23,669
MOOG INC CLASS A 23,934 48,029
MOTOROLA SOLUTIONS INC 13,835 34,205
MS&AD INSURANCE GROUP HOLDINGS 9,787 14,586
MSCI INC CLASS A 53,701 66,001
MUNICH RE GROUP ADR 6,319 9,820
NOMURA RESEARCH INSTITUTE 6,469 6,728
NN GROUP NV 5,504 5,831
NIPPON TELEGRAPH 8,977 8,464
NETFLIX 33,519 56,153
MORGAN STANLEY 30,690 46,642
NEXTERA ENERGY INC 35,793 33,551
3I GROUP PLC 7,480 20,317
NOV INC 37,907 29,521
PROSUS N V 20,575 17,452
PROGRESSIVE CORP OH 35,114 91,291
PROCORE TECHNOLOGIES INC 9,981 9,816
POWER CORP CANADA 8,228 7,894
PNC FINL SVCS GRP INC 8,866 9,056
PHILIP MORRIS INTL 51,060 62,462
PFIZER INC 28,896 23,718
PETROLEO BRASFILEIRO SA 7,960 6,944
PERNOD RICARD 2,250 2,226
PERMITER SOLUTIONS SA 5,183 7,438
PEPSICO 23,879 23,417
PENN ENTERTAINMENT INC 62,974 34,051
PEBBLEBROOK HOTEL TRUST 21,081 16,748
PARKER-HANNIFIN CORP 34,436 39,434
PAPA JOHNS INTL INC 41,828 25,340
OXFORD INDUSTRIES INC 30,217 23,398
OTIS WORLDWIDE CORP 20,373 24,912
ORACLE CORP 8,999 21,996
OLYMPUS CORP 16,207 13,392
O REILLY AUTOMOTIVE INC 92,656 144,668
NVIDIA CORP NVDA 55,192 310,747
NOVO NORDISK AS 20,592 47,827
NOVARTIS AG 48,507 51,866
METLIFE INC PREFERRED 8,123 8,809
META PLATFORMS INC 46,968 137,009
MARKETACESS HOLDINGS INC 12,675 11,302
MERCK & COMPANY INC 38,190 48,049
ZOETIS INC CL A 22,425 22,647
KOMATSU LTD 8,206 8,251
KKR & CO INC 62,255 154,418
KIMBALL ELECTRONICS INC 37,401 31,560
KENVUE INC 26,462 25,791
KE HOLDINGS INC 12,249 14,276
JULIUS BAER GROUP LTD 6,795 6,889
JPMORGAN CHASE & CO 121,535 202,076
JOHNSON CONTROLS 27,045 38,834
JOHNSON & JOHNSON 81,629 72,165
L3HARRIS TECHNOLOGIES INC 29,983 29,229
INTUIT INC 58,539 86,733
INTESA SANPAOLO SPA 14,538 19,368
INTEL CORP 57,167 33,243
INSPERITY INC 34,195 23,020
INFOSYS LTD 16,252 20,166
INDUSTRIA DE DISENO 21,510 33,775
ILLINOIS TOOL WORKS INC 14,043 17,496
IDEXX LABORATORIES INC 14,109 11,990
ICON PLC 12,527 11,534
IBERDOLA SA SPONSORED 11,043 11,579
HYATT HOTELS CORP 12,353 16,797
JACK IN THE BOX INC 46,982 28,940
MERITAGE HOMES CORP 23,174 31,687
MERCEDES BENZ GROUP AG 7,083 5,127
MEDTRONIC PLC 33,017 27,079
MCKESSON CORP 30,067 42,743
MASTERCARD INC 123,683 172,188
MARVELL TECHNOLOGY INC 6,707 7,952
MARTIN MARIETTA 61,521 75,409
MARSH & MCLENNAN COS INC 17,597 27,188
PT BANK RAKYAT ADR 14,396 11,210
MARKEL CORP 29,045 43,156
LVMH MOET HENNESSY LOUIS VUITTON 17,506 18,035
LUXFER HOLDINGS PLC 31,610 32,332
LAM RESEARCH CORP 20,415 30,337
LOWES COMPANIES INC 25,852 32,331
LLOYDS BANKING GROUP PLC 15,172 14,087
LIVE NATION 25,091 43,124
LITTELFUSE INC 29,834 27,335
LINDE PLC 26,661 43,542
LIBERTY MEDIA CORP 7,093 9,076
LIBERTY FORMULA ONE 16,279 24,740
LENOVO GROUP LIMITED SPONSORED 6,894 6,206
LENNAR CORP 20,911 28,910
LONDON STOCK EXCHANGE 29,496 33,156
PUBLICIS SA 12,820 12,708
ROPER TECHNOLOGIES INC 54,567 68,620
RAYMOND JAMES 23,329 41,473
US BANCORP DE 19,936 21,667
UPM KYMMENE CORP 6,946 5,112
UNITEDHEALTH GROUP INC 76,151 80,432
UNITED PARCEL SERVICE INC 23,496 19,041
UNITED OVERSEAS BK LTD 10,158 15,042
UNITED FIRE GRP INC 21,191 24,552
UNION PACIFIC CORP 21,384 24,856
UNILEVER CORP 40,289 43,659
UCB S A ADR 6,994 8,106
TYLER TECHNOLOGIES INC 22,242 34,598
VAIL RESORTS INC 18,313 13,871
TRUIST FINANCIAL CORP 20,964 19,955
TRAVELERS COS INC 41,531 60,223
TRANSUNION 10,695 10,013
TRANSDIGM GROUP INC 70,424 138,134
TRANE TECHNOLOGIES PLC 23,626 22,161
TRACTOR SUPPLY CO 25,415 29,979
TOYOTA MOTOR CORP 5,696 7,201
TOTALENERGIES SE 4,379 5,559
TOKYO ELECTRON LTD 15,355 17,438
TOKIO MARINE HOLDINGS 21,264 28,096
THOMSON REUTERS CORP 8,312 16,038
THERMO FISHER 83,658 83,757
TRIUMPH FINANCIAL INC 21,074 31,808
TESLA INC 42,657 53,307
VEEVA SYSTEMS INC 39,422 41,840
VERALTO CORP 36,091 46,138
ZAI LAB LTD 2,319 2,226
XPO INC 31,056 34,230
WUXI BIOLOGICS 12,884 4,853
WSFS FINANCIAL CORP 50,103 59,771
WIX LTD 11,393 8,797
WILLIAMS COS INC 38,197 58,612
WESBANCO INC 31,179 35,827
WELLS FARGO & CO PREFERRED 7,989 7,960
WEC ENERGY GROUP 28,963 30,751
VEOLIA ENVIRONMENT 3,162 3,920
WASTE CONNECTIONS INC 29,593 37,061
WALT DISNEY CO 37,719 39,641
VULCAN MATERIALS COMPANY 45,569 71,767
VOLVO AB 5,138 5,506
VISTRA CORP 8,370 9,237
VISA INC 68,026 104,925
VICI PROPERTIES INC 60,925 58,099
VIAVI SOLUTIONS INC 37,494 38,693
VERTEX PHARMACEUTICALS 10,360 14,497
VERISK ANALYTICS INC 22,680 31,674
VERISIGN INC 5,394 5,588
WATERS CORP 11,265 13,726
QUALCOMM INC 21,168 19,049
TESCO 9,073 10,291
TEMENOS AG 16,049 10,009
SEMPRA 56,777 74,913
SEA LTD 19,430 34,483
SCHWAB CHARLES CORP 49,437 63,649
SCHNEIDER ELETRIC SE 19,099 21,246
SBA COMMUNICATIONS CORP 5,172 5,503
SAP SE 17,349 36,685
SANOFI SPON ADR 4,231 4,196
SANMINA CORP 34,560 61,141
SALESFORCE INC 25,104 29,087
SAFRAN 9,102 15,642
S&T BANCORP INC 31,143 34,742
RYANAIR HOLDINGS 8,720 8,413
RYAN SPECIALTY HOLDINGS 5,088 5,004
RTX CORP 38,628 53,115
ROSS STORES INC 7,785 9,379
HOYA CORP 15,345 16,864
ROCHE HOLDING LIMITED 6,476 5,755
RIO TINTO PLC 7,322 5,411
RENTOKIL INITIAL PLC 7,481 5,343
RELX PLC 13,019 22,210
RECRUIT HOLDINGS CO LTD 11,524 16,317
S&P GLOBAL INC 19,730 29,384
TERUMO CORP 9,993 10,296
SERVICENOW INC 26,008 57,246
SHERWIN WILLIAMS CO 49,660 69,686
TELEDYNE TECHNOLOGIES 31,961 37,595
TECHTARGET INC 0 24,061
TAYLOR WIMPEY PLC 9,545 6,525
TARGET CORP 29,000 22,710
TAIWAN SEMICONDUCTOR 47,616 69,122
SVENSKA HANDELSBANKEN AB 4,640 4,466
SUZUKI MOTOR CORP 12,417 14,590
STRAUMANN HOLDING 9,526 9,051
SHELL PLC 7,711 8,708
STEELCASE INC 20,066 20,756
SPOTIFY TECHNOLOGY SA 42,138 95,739
SONY GROUP CORP 24,015 30,153
SONIC HEALTHCARE LTD 2,946 1,851
SOFTBANK CORP 12,516 12,517
SMURFIT KAPPA GRP PLC 12,825 15,619
SMC CORP JAPAN 11,039 8,895
SIEMENS HEALTHINEERS AG 7,573 6,578
SIEMENS A G SPON ADR 40,012 47,760
SHOPIFY INC 21,215 32,537
STARBUCKS CORP 16,702 15,969
HOWMET AEROSPACE INC 11,175 27,343
L OREAL COMPANY 16,370 15,842
CIRRUS LOGIC INC 51,653 53,076
CHUBB LTD 29,576 50,563
CHIPOTLE MEXICAN GRILL 18,771 36,059
CHEVRON CORP 23,305 29,258
CHENIERE ENERGY INC 16,851 19,768
CHECK POINT SOFTWARE TECHNOLOGIES 8,561 8,215
CCC INTELLIGENT SOLUTIONS HOLDINGS INC 15,373 15,343
CBRE GROUP INC 24,533 43,720
CASEYS GENL STORES INC 14,105 18,227
CARMAX INC 26,901 31,069
CAPITAL ONE 25,297 30,849
CANADIAN PACIFIC 24,788 24,244
CADENCE DESIGN 69,101 82,927
CABOT CORP 19,542 32,324
BROWN & BROWN INC 34,379 58,968
BROOKFIELD RENEWABLE 37,748 27,909
BROOKFIELD INFRASTRUCTURE CORP 42,519 46,412
BROOKFIELD CORP 76,471 138,052
BROOKFIELD ASSET 12,219 21,080
BROADCOM INC 36,978 99,923
BRITISH AMERN TOBACCO 10,630 10,279
BRAMBLES LTD 9,703 14,646
BOSTON SCIENTIFIC CORP 29,980 64,757
CISCO SYSTEMS INC 39,185 45,170
CITIGROUP INC 25,306 30,338
CITIGROUP INC PREFERRED 7,094 6,983
CITIGROUP INC PREFERRED 1,959 1,998
DENNYS CORP 43,769 24,884
DEERE & CO 27,510 30,930
DECKERS OUTDOOR CORP 29,843 30,260
DBS GROUP HLDGS LTD 10,227 16,901
DARLING INGREDIENTS INC 50,651 30,523
DANONE SPON ADR 20,507 19,094
DANAHER CORP 84,316 86,540
CVS HEALTH CORP 33,577 21,053
CROWN CASTLE INC 26,439 24,596
CRH PLC ADR 10,344 19,614
COSTCO WHOLESALE CORP 12,960 33,902
COSTAR GROUP INC 68,556 70,158
BNP PARIBAS 6,015 6,908
COPART INC 70,522 125,110
CONSTELLATION SOFTWARE 8,004 18,594
CONNECTONE BANCORP INC 30,856 23,483
CONCOPHILLIPS 28,696 37,486
COMPASS GROUP PLC 14,546 19,516
COMPAGNIE DE ST GOBAIN 4,028 6,852
COLOPLAST A/S 15,266 12,532
COGNEX CORP 16,797 15,599
COCA COLA FEMSA SAB 8,224 9,503
COCA COLA EUROPACIFIC 9,141 10,907
BIO RAD LABS INC CL A 61,609 44,020
BHP GROUP LTD 3,429 2,930
ANSYS INC 9,447 9,108
AMPHENOL CORP 49,177 69,450
AMETEK INC 8,986 12,438
AMERICAN TOWER CORP 21,623 19,625
AMERICAN EXPRESS CO 16,978 39,473
AMERICAN ELECTRIC POWER COMPANY INC 26,630 32,004
AMAZON.COM INC 205,770 337,422
ALTRIA GROUP INC 11,150 13,648
ALPHABET INC CL C 43,483 84,365
ALPHABET INC CL A 97,953 187,975
ALIBABA GROUP HOLDING 22,924 9,412
ALBANY INTL CORP 37,867 38,306
AKAMAI 39,608 37,017
AIRBNB INC CL A 11,068 10,907
AIR PRODUCTS 68,100 72,510
AIB GROUP PLC 6,186 5,767
ADYEN N V 22,482 19,600
ADVANCED ENERGY INDUSTRIES INC 40,849 50,877
ABB LTD SPON ADR 13,763 13,105
ALCON INC 5,324 6,197
DEUTSCHE BOERSE AG 13,074 17,373
APOLLO GLOBAL MANAGEMENT INC 18,659 18,663
BERKSHIRE HATHAWAY INC 25,304 39,889
BERKLEY W R CORP 8,100 8,895
BEIGNE LTD 22,575 15,516
BECTON DICKINSON & CO 46,861 44,013
BCE INC 39,060 21,302
BANK OF AMERICA CORP 56,790 77,528
BANCO BILBAO VIZCAYA ARGENTARIA S A SPON ADR 13,951 12,646
BAE SYSTEMS PLC 4,621 10,117
AUTODESK INC 39,886 42,267
ATLASSIAN CORP PLC 34,684 38,454
APPLE INC 115,966 198,583
ATLAS COPCO AB SPON ADR 15,051 16,689
AT&T INC 25,646 29,874
ASTRAZENECA PLC 26,556 25,225
ASML HOLDING NV 41,339 51,288
ASICS CORP ADR 6,746 7,207
ASE TECHNOLOGY HOLDING 8,112 9,707
ARTHUR J GALLAGHER & COMPANY 26,237 26,398
ARISTA NETWORKS INC 14,897 39,349
ARGENX SE 14,032 19,680
ARES MANAGEMENT CORP 14,787 25,492
ARCHROCK INC 27,999 70,439
ARCH CAPITAL GROUP LTD 21,173 33,892
ATLANTA BRAVES HOLDINGS INC 32 38
DEUTSCHE POST AG 5,253 3,839
COMCAST CORP CL A 66,944 58,397
DIAGEO PLC NEW 17,931 14,239
GE AEROSPACE 17,930 18,180
GARTNER INC 40,316 64,919
FRANKLIN ELECTRIC CO INC 41,665 47,263
FOUR CORNERS PROPERTY TRUST INC 34,019 36,422
FORMFACTOR INC 32,838 39,556
FLOOR & DECOR HOLDINGS 3,664 3,490
FISERV INC 25,004 37,797
FERRARI INC 14,005 15,719
DEUTSCHE TELEKOM AG 19,737 33,790
FB FINANCIAL CORP 39,760 56,661
FASTENAL CO 38,505 50,193
FANUC CORP 19,274 12,153
FAIRFAX FINANCIAL 5,227 16,677
FAIR ISAAC CORP 36,195 51,764
EXXON MOBIL CORP 60,904 80,140
EOG RESOURCES INC 23,642 27,335
GE HEALTHCARE TECHNOLOGIES INC 17,684 19,701
GE VERNOVA LLC 10,384 9,868
GENERAL DYNAMICS CORP 34,213 44,530
GENERAL HOLDINGS INC 22,776 23,102
HORACE MANN EDUCATORS 14,043 15,378
HONG KONG EXCHANGES & CLEARING 5,086 5,967
HOME DEPOT INC 25,514 32,286
HILTON WORLDWIDE 72,967 140,634
HEXCEL CORP NEW 38,384 37,557
HERMES INTERNATIONAL SCA 9,423 9,322
HELEN OF TROY LTD BERMUDA 33,840 28,060
HEICO CORP NEW CL A 56,808 85,969
HEALTHPEAK PPTYS INC 25,629 20,229
ENTEGRIS INC 33,486 30,907
HDFC BANK LTD 32,888 32,696
HAIER SMART HOME CO LTD 6,162 5,348
HACKETT GROUP INC 23,548 36,157
GUIDEWIRE SOFTWARE INC 14,183 12,644
GRACO INC 5,470 5,647
GOLDMAN SACHS GROUP INC 15,427 18,324
GLENCORE PLC 250 192
GIVAUDAN SA 12,102 13,584
GENUINE PARTS 27,397 27,555
GENMAB A/S 16,720 8,953
HALEON PLC ADR 30,263 38,274
ZURICH INSURANCE 10,764 15,379
EASTGROUP PROPERTIES 28,063 28,888
DNB BANK ASA 7,807 7,005
DUKE ENERGY CORP 27,017 31,029
DOW INC 28,570 20,226
ELECTRONIC ARTS INC 21,834 21,506
EDP ENERGIAS DE PORTUGAL 26,123 13,805
DOMINOS PIZZA INC 27,304 31,482
DIODES INC 12,208 11,471
EDISON INTL 28,744 37,525
ENEL SOCIETA PER AZIONI 12,253 11,257
DIGI INTL INC 24,860 30,925
EATON CORP PLC 29,521 56,418
ENERSYS ENS 46,246 47,417

TY 2024 InvestmentsGovtObligationsSch
Name:
POWERS-WOLFE CHARITABLE TRUST
EIN:
39-6609049
US Government Securities - End of Year Book Value:

641,078
US Government Securities - End of Year Fair Market Value:

640,626
State & Local Government Securities - End of Year Book Value:


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


0


TY 2024 OtherProfessionalFeesSchedule
Name:
POWERS-WOLFE CHARITABLE TRUST
EIN:
39-6609049
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ASSET MANAGEMENT FEE 104,410 104,410   0


TY 2024 TaxesSchedule
Name:
POWERS-WOLFE CHARITABLE TRUST
EIN:
39-6609049
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PAYMENTS 1,581 1,581   0
FOREIGN TAX 8,219 8,219   0