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
WHITENER FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1147 ELMWOOD DR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ABILENE, TX79605
A Employer identification number

75-2681790
B Telephone number (see instructions)

(325) 677-6251
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$10,525,385J 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 69,565 54,792  
4 Dividends and interest from securities... 226,417 226,417  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 254,796
b Gross sales price for all assets on line 6a 1,902,160
7 Capital gain net income (from Part IV, line 2)... 254,796
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........ 550,778 536,005  
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
7,500 7,500   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
53,985 53,985   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
13,850 8,682   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.......... 75,335 70,167   0
25 Contributions, gifts, grants paid....... 565,000 565,000
26 Total expenses and disbursements. Add lines 24 and 25 640,335 70,167   565,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -89,557
b Net investment income (if negative, enter -0-) 465,838
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.........      
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) 1,344,194 Click to see attachment
List of Attached Documents:
// Content
1,373,978 		1,266,626
b Investments—corporate stock (attach schedule)....... 7,681,368 Click to see attachment
List of Attached Documents:
// Content
7,578,292 		8,279,630
c Investments—corporate bonds (attach schedule)....... 482,810 Click to see attachment
List of Attached Documents:
// Content
410,314 		339,756
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).......... 585,541 Click to see attachment
List of Attached Documents:
// Content
649,272 		622,990
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
16,383 		Click to see attachment
List of Attached Documents:
// Content
16,383 		Click to see attachment
List of Attached Documents:
// Content
16,383
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,110,296 10,028,239 10,525,385
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
7,500
23 Total liabilities (add lines 17 through 22)......... 0 7,500
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 10,110,296 10,020,739
29 Total net assets or fund balances (see instructions)..... 10,110,296 10,020,739
30 Total liabilities and net assets/fund balances (see instructions). 10,110,296 10,028,239
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
10,110,296
2
Enter amount from Part I, line 27a .....................
2
-89,557
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
10,020,739
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
10,020,739
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 17.95 SH. FANNIE MAE POOL # MA4653   2024-10-17 2024-10-25
b 17.64 SH. FANNIE MAE POOL # MA4653   2024-10-17 2024-12-26
c 19.01 SH. FANNIE MAE POOL # MA4653   2024-10-17 2024-11-25
d 25.1989 SH. FANNIE MAE POOL # MA4700   2024-11-18 2024-12-26
e 32.14 SH FEDERAL NATIONAL MORTGAGE   2024-01-10 2024-01-25
35.22 SH. FANNIE MAE POOL # MA653   2024-11-18 2024-12-26
37.95 SH. FANNIE MAE POOL # MA4653   2024-11-18 2024-11-25
42.92 SH. FEDERAL NATIONAL MORTGAGE   2024-01-10 2024-06-25
45.6 SH. FEDERAL NATIONAL MORTGAGE   2024-01-10 2024-07-25
50.1086 SH. FANNIE MAE POOL # MA4700   2024-12-05 2024-12-26
50.91 SH. FEDERAL NATIONAL MORTGAGE   2024-01-10 2024-02-26
52.73 SH. FEDERAL NATIONAL MORTGAGE   2024-01-10 2024-04-25
62.3 SH. FEDERAL NATIONAL MORTGAGE   2024-01-10 2024-05-28
61.97 SH. FEDERAL NATIONAL MORTGAGE   2024-01-10 2024-03-25
64.76 SH. FEDERAL NATIONAL MORTGAGE   2024-01-10 2024-10-25
72.25 SH. FEDERAL NATIONAL MORTGAGE   2024-01-10 2024-09-25
71.61 SH. FEDERAL NATIONAL MORTGAGE   2024-01-10 2024-08-27
80.74 SH. FEDERAL NATIONAL MORTGAGE   2023-12-19 2024-01-25
85.34 SH. FEDERAL NATIONAL MORGAGE   2024-01-10 2024-12-26
103.73 SH. FEDERAL NATIONAL MORTGAGE   2023-05-02 2024-08-26
106.33 SH. FANNIE MAE POOL # MA4653   2024-07-23 2024-12-26
107.8 SH. FEDERAL NATIONAL MORTGAGE   2023-12-19 2024-06-25
108.18 SH. FANNIE MAE POOL # MA4653   2024-07-23 2024-10-25
110.43 SH. FEDERAL NATIONAL MORTAGE   2023-05-02 2024-10-25
113.87 SH. FEDERAL NATIONAL MORTGAGE   2023-05-02 2024-11-25
114.57 SH. FANNIE MAE POOL # MA4653   2024-07-23 2024-11-25
114.52 SH. FEDERAL NATIONAL MORTGAGE   2023-12-19 2024-07-25
116.15 SH. FANNIE MAE POOL # MA4653   2024-07-23 2024-09-25
118.46 SH. FEDERAL NATIONAL MORTGAGE   2023-05-02 2024-04-25
117.75 SH. FNMA POOL # MA4355 2.00%   2024-11-15 2024-11-25
119.96 SH. FEDERAL NATIONAL MORTGAGE   2023-05-02 2024-02-26
121.4 SH. FANNIE MAE POOL #MA4398   2024-06-27 2024-10-25
122.28 SH. FEDERAL NAITONAL MORTGAGE   2023-05-02 2024-12-26
122.64 SH. FEDERAL NATIONAL MORTGAGE   2023-05-02 2024-09-25
126.3 SH. FEDERAL NATIONAL MORTGAGE   2023-05-02 2024-03-25
127.86 SH. FEDERAL NATIONAL MORTGAGE   2023-12-19 2024-02-26
128.32 SH. FANNIE MAE POOL # MA4653   2024-07-23 2024-08-26
128.51 SH. FEDERAL NATIONAL MORTGAGE   2024-10-17 2024-10-25
130.58 SH. FANNIE MAE POOL #MA4398   2024-06-27 2024-12-26
132.45 SH. FEDERAL NATIONAL MORTGAGE   2023-12-19 2024-04-25
133.92 SH. FEDERAL NATIONAL MORTGAGE   2023-05-02 2024-01-25
135.14 SH. FEDERAL NATIONAL MORTGAGE   2023-05-02 2024-07-25
140.16 SH. FANNIE MAE POOL #MA4398   2024-06-27 2024-09-25
143.96 SH. FANNIE MAE POOL # MA4398   2024-06-27 2024-11-25
148.86 SH. FNMA POOL MA4355 2.00%   2024-11-15 2024-12-26
152.18 SH. FANNIE MAE POOL #MA4398   2024-06-27 2024-07-25
152.22 SH. FEDERAL NATIONAL MORTGAGE   2023-05-02 2024-05-28
155.63 SH. FEDERAL NATIONAL MORTGAGE   2023-12-19 2024-03-25
156.49 SH. FEDERAL NATIONAL MORTGAGE   2023-12-19 2024-05-28
156.72 SH. FANNIE MAE POOL #MA4398   2024-06-27 2024-08-26
162.65 SH. FEDERAL NATIONAL MORTGAGE   2023-12-19 2024-10-25
168.42 SH. FEDERAL NATIONAL MORTGAGE   2023-05-02 2024-06-25
168.6 SH. FHLMC SINGLE FAMILY 20 YR   2021-08-05 2024-09-16
169.35 SH. FEDERAL NATIONAL MORTGAGE   2024-10-17 2024-12-26
171.69 SH. FHLMC SINGLE FAMILY 20 YR   2021-08-05 2024-10-15
172.6 SH. FEDERAL NATIONAL MORTGAGE   2024-01-10 2024-11-25
177.44 SH. FHLMC SINGLE FAMILY 20 YR   2021-08-05 2024-12-16
176.56 SH. FHLMC SINGLE FAMILY 20 YR   2021-08-05 2024-02-15
179.86 SH. FEDERAL NATIONAL MORTGAGE   2023-12-19 2024-08-27
181.27 SH. FHLMC SINGLE FAMILY 20 YR   2021-08-05 2024-03-15
181.46 SH. FEDERAL NATIONAL MORTGAGE   2023-12-19 2024-09-25
183.12 SH. FHLMC SINGLE FAMILY 20 YR   2021-08-05 2024-07-15
183.65 SH. FEDERAL NATIONAL MORTGAGE   2023-06-13 2024-01-25
184.54 SH. FHLMC SINGLE FAMILY 20 YR   2021-08-05 2024-11-15
189.35 SH. FHLMC SINGLE FAMILY 20 YR   2021-08-05 2024-05-15
193.81 SH. FHLMC SINGLE FAMILY 20 YR   2021-08-05 2024-06-17
200.45 SH. FEDERAL NATIONAL MORTGAGE   2023-06-13 2024-05-28
201.62 SH. FEDERAL NATIONAL MORTGAGE   2023-06-13 2024-12-26
210.54 SH. FEDERAL NATIONAL MORTGAGE   2022-11-08 2024-11-25
213.33 SH. FEDERAL NATIONAL MORTGAGE   2023-06-13 2024-03-25
212.55 SH. FEDERAL NATIONAL MORTGAGE   2023-06-13 2024-02-26
214.33 SH. FEDERAL NATIONAL MORTGAGE   2023-12-19 2024-12-26
218.14 SH. FEDERAL NATIONAL MORTGAGE   2022-06-08 2024-02-26
220.13 SH. FEDERAL NATIONAL MORTGAGE   2022-11-08 2024-10-25
220.7 SH. FEDERAL NATIONAL MORTGAGE   2023-06-13 2024-10-25
227.48 SH. FEDERAL NATIONAL MORTGAGE   2022-11-08 2024-12-26
227.76 SH. FEDERAL NATIONAL MORTGAGE   2022-11-08 2024-01-25
230.31 SH. FEDERAL NATIONAL MORTGAGE   2022-06-08 2024-01-25
234.28 SH. FEDERAL NATIONAL MORTGAGE   2023-06-13 2024-07-25
234.35 SH. FHLMC SINGLE FAMILY 20 YR   2021-08-05 2024-04-15
239.01 SH. FEDERAL NATIONAL MORTGAGE   2023-06-13 2024-08-26
239.77 SH. FEDERAL NATIONAL MORTGAGE   2022-11-08 2024-08-26
244.46 SH. FEDERAL NATIONAL MORTGAGE   2022-11-08 2024-02-26
250.15 SH. FEDERAL NATIONAL MORTGAGE   2023-06-13 2024-09-25
249.5 SH. FHLMC SINGLE FAMILY 20 YR   2021-08-05 2024-08-15
252.41 SH. FEDERAL NATIONAL MORTGAGE   2022-06-08 2024-03-25
256.91 SH. FEDERAL NATIONAL MORTGAGE   2023-06-13 2024-04-25
259.37 SH. FEDERAL NATIONAL MORTGAGE   2022-11-08 2024-09-25
266.45 SH. FEDERAL NATIONAL MORTGAGE   2022-06-08 2024-10-25
266.38 SH. FNMA POOL # MA4355 2.000%   2024-06-10 2024-11-25
267.95 SH. FEDERAL NATIONAL MORTGAGE   2023-06-13 2024-06-25
269.26 SH. FEDERAL NATIONAL MORTGAGE   2022-06-08 2024-12-26
272.56 SH. FEDERAL NATIONAL MORTGAGE   2022-11-08 2024-03-25
277.9 SH. FEDERAL NATIONAL MORTGAGE   2022-11-08 2024-05-28
294.34 SH. FEDERAL NATIONAL MORTGAGE   2022-11-08 2024-04-25
300.28 SH. FEDERAL NATIONAL MORTGAGE   2022-06-08 2024-08-26
306.22 SH. FEDERAL NATIONAL MORTGAGE   2022-06-08 2024-11-26
308.54 SH. FEDERAL NATIONAL MORTGAGE   2022-06-08 2024-04-25
311.96 SH. FEDERAL NATIONAL MORTGAGE   2022-11-08 2024-07-25
314.59 SH. FEDERAL NATIONAL MORTGAGE   2022-06-08 2024-07-25
317.43 SH. FEDERAL NATIONAL MORTGAGE   2022-06-08 2024-05-28
322.65 SH. FEDERAL NATIONAL MORTGAGE   2022-06-08 2024-06-25
332.01 SH. FEDERAL NATIONAL MORTGAGE   2022-06-08 2024-09-25
336.74 SH. FNMA POOL # MA4355 2.000%   2024-06-10 2024-12-26
342.54 SH. FEDERAL NATIONAL MORTGAGE   2024-10-17 2024-11-25
347.38 SH. FEDERAL NATIONAL MORTGAGE   2023-06-13 2024-11-25
352.84 SH. FHLMC SINGLE FAMILY 20 YR   2021-05-20 2024-08-15
353.39 SH. FNMA SINGLE FAMILY 30 YR   2021-04-15 2024-11-25
357.24 SH. FNMA SINGLE FAMILY 30 YR   2021-04-15 2024-06-25
360.79 SH FEDERAL NATIONAL MORTGAGE   2022-11-08 2024-06-25
369.58 SH. FNMA SINGLE FAMILY 30 YR   2021-04-15 2024-10-25
370.71 SH. FNMA SINGLE FAMILY 30 YR   2021-04-15 2024-04-25
381.69 SH. FNMA POOL # MA4355 2.000%   2024-06-10 2024-10-25
384.47 SH. FHLMC SINGLE FAMILY 20 YR   2021-05-20 2024-04-15
384.42 SH. FNMA POOL #MA4355 2.000%   2024-06-10 2024-09-25
394.16 SH. FHLMC SINGLE FAMILY 20 YR   2021-05-20 2024-12-16
395.13 SH. FHLMC SINGLE FAMILY 20 YR   2021-05-20 2024-05-15
410.49 SH. FHLMC SINGLE FAMILY 20 YR   2021-05-20 2024-01-16
421.55 SH. FNMA POOL # MA4355 2.000%   2024-06-10 2024-07-25
433.51 SH. FEDERAL NATIONAL MORTGAGE   2023-12-19 2024-11-25
439.5 SH. FNMA POOL # MA4355 2.000%   2024-06-10 2024-08-26
463.3 SH. FHLMC SINGLE FAMILY 20 YR   2021-08-05 2024-01-16
474.9 SH. FNMA SINGLE FAMILY 30 YR   2021-04-15 2024-03-25
475.1572 SH. FANNIE MAE POOL # MA542   2024-07-18 2024-10-25
489.32 SH. FHLMC SINGLE FAMILY 20 YR   2021-05-20 2024-07-15
491.13 SH. FNMA SINGLE FAMILY 30 YR   2021-04-15 2024-12-26
500.56 SH. FNMA SINGLE FAMILY 30 YR   2021-04-15 2024-02-26
502.18 SH. FNMA SINGLE FAMILY 30 YR   2021-04-15 2024-08-26
512.25 SH. FHLMC SINGLE FAMILY 20 YR   2021-05-20 2024-09-16
512.6 SH. FNMA SINGLE FAMILY 30 YR   2021-04-15 2024-09-25
536.7286 SH. FANNIE MAE POOL #MA542   2024-07-18 2024-09-25
541.18 SH. FHLMC SINGLE FAMILY 20 YR   2021-05-20 2024-02-15
561.857 SH. FANNIE MAE POOL # MA542   2024-07-18 2024-08-26
564.43 SH. FHLMC SINGLE FAMILY 20 YR   2021-05-20 2024-03-15
565.71 SH. FHLMC SINGLE FAMILY 20 YR   2021-05-20 2024-10-15
610.71 SH. FNMA SINGLE FAMILY 30 YR   2021-04-15 2024-05-28
612.03 SH. FNMA SINGLE FAMILY 20 YR   2021-05-27 2024-06-25
611.9 SH. NMA SINGLE FAMILY 20 YR   2021-05-27 2024-07-25
618.16 SH. FHLMC SINGLE FAMILY 15 YR   2021-04-12 2024-09-16
620.13 SH. FNMA SINGLE FAMILY 30 YR   2021-04-15 2024-01-25
637.81 SH. FNMA SINGLE FAMILY 30 YR   2021-04-15 2024-07-25
650.48 SH. FHLMC SINGLE FAMILY 15 YR   2021-04-12 2024-07-15
658.89 SH. FNMA SINGLE FAMILY 20 YR   2021-05-27 2024-08-26
668.89 SH. FHLMC SINGLE FAMILY 20 YR   2021-05-20 2024-11-15
684.06 SH. FHLMC SINGLE FAMILY 15 YR   2021-04-12 2024-08-15
720.16 SH. FHLMC SINGLE FAMILY 15 YR   2021-04-12 2024-06-17
726.15 SH. FANNIE MAE POOL # MA5421   2024-07-18 2024-12-26
743.13 SH. FNMA SINGLE FAMILY 20 YR   2021-05-27 2024-12-26
753.42 SH. FHLMC SINGLE FAMILY 15 YR   2021-04-12 2024-05-15
782.55 SH. FHLMC SINGLE FAMILY 15 YR   2021-04-12 2024-12-16
782.58 SH. FHLMC SINGLE FAMILY 20 YR   2021-05-20 2024-06-17
788.64 SH. FHLMC SINGLE FAMILY 15 YR   2021-04-12 2024-10-15
804.49 SH FNMA SINGLE FAMILY 20 YR   2021-05-27 2024-10-25
810.66 SH. FNMA SINGLE FMAILY 20 YR   2021-05-27 2024-01-25
815.87 SH. FNMA SINGLE FAMILY 20 YR   2021-05-27 2024-03-25
840.31 SH. FHLMC SINGLE FAMILY 15 YR   2021-04-12 2024-04-15
841.23 SH. FHLMC SINGLE FAMILY 15 YR   2021-04-12 2024-03-15
863.01 SH. FNMA SINGLE FAMILY 20 YR   2021-05-27 2024-02-26
885.57 SH. FHLMC SINGLE FAMILY 15 YR   2021-04-12 2024-11-15
21.134 SH. DFA U.S. SMALL CAP PORTF   2021-03-31 2024-01-16
929.73 SH. FNMA SINGLE FAMILY 20 YR   2021-05-27 2024-05-28
966.36 SH. FNMA SINGLE FAMILY 20 YR   2021-05-27 2024-04-25
974.09 SH. FHLMC SINGLE FAMILY 15 YR   2021-04-12 2024-01-16
980.0572 SH. FANNIE MAE POOL # MA542   2024-07-18 2024-11-25
1064.03 SH. FHLMC SINGLE FAMILY 15 YR   2021-04-12 2024-02-15
1246.22 SH FNMA SINGLE FAMILY 20 YR   2021-05-27 2024-11-25
1365.43 SH. FNMA SINGLE FAMILY 20 YR   2021-05-27 2024-09-25
96.629 SH. DFA EMERGING MARKETS   2022-07-29 2024-01-16
303.559 SH. SCHWAB FUNDAMENTAL US SM   2021-03-31 2024-01-16
70 SH. ISHARES MSCI USA MIN VOL FACT   2021-03-31 2024-11-26
525.41 SH. NORTHERN EMERGING MARKETS   2021-03-31 2024-11-26
1276.435 SH. T. ROWE PRICE INSTITUTI   2022-06-30 2024-01-16
227.572 SH. DFA U.S. SMALL CAP PORTG   2021-03-31 2024-01-16
620.492 SH. SCHWAB FUNDAMENTAL US SM   2021-03-31 2024-01-16
230 SH. JPMORGAN EQUITY PREMIUM INCO   2024-07-02 2024-11-26
17729.84 SH. FEDERAL NATIONAL MORTGAGE   2022-11-08 2024-07-18
519.812 SH. NORTHERN STOCK INDEX FUN   2021-03-31 2024-01-16
2016.916 SH AVANTIS U.S. CORE EQUITY   2023-05-04 2024-01-16
660 SH. WISDOMTREE U.S. MIDCAP FUND   2021-03-31 2024-01-16
2006.68 SH. SCHWAB FUNDAMENTAL US SM   2021-03-31 2024-11-26
580 SH. WISDOMTREE U.S. MIDCAP FUND   2021-03-31 2024-11-26
828.942 SH. DFA U.S. SMALL CAP PORTFO   2021-03-31 2024-11-26
744.715 SH. NORTHERN STOCK INDEX FUN   2021-03-31 2024-11-26
2418.075 SH. AVANTIS U.S. EQUITY FUND   2023-05-04 2024-11-26
55000 SH. BANK OF AMERICA CORPORATION   2021-04-07 2024-07-18
55000 SH. MORGAN STANLEY 3.875%   2021-04-07 2024-04-29
2388.935 SH. DFA EMERGING MARKETS SMAL   2021-03-31 2024-11-26
75000 SH. LOUSIANA ST GAS & FUELS TA   2021-04-16 2024-10-29
65000 SH. FEDERAK HOME LOAN BANKS   2023-01-19 2024-03-08
75000 SH. PALM SPRINGS CA FING   2021-04-07 2024-06-03
8306.452 SH. SCHWAB FUNDAMENTAL EMER   2021-03-31 2024-11-26
3388.473 SH. SCHWAB FUNDAMENTAL US L   2021-03-31 2024-01-16
3107.644 SH. DFA U.S. CORE EQUITY   2022-06-30 2024-01-16
1570 SH. ISHARES MSCI USA MIN VOL FA   2021-03-31 2024-07-02
15380.952 SH. T. ROWE EMERGING MARKE   2022-06-30 2024-10-03
2933.381 SH. NORTHERN STOCK INDEX FUN   2021-03-31 2024-07-02
6117.716 SH. SCHWAB FUNDAMENTAL US L   2021-03-31 2024-11-26
4971.023 SH. DFA U.S. CORE EQUITY 2   2022-06-30 2024-11-26
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 18   16 2
b 18   16 2
c 19   17 2
d 25   23 2
e 32   32 0
35   30 5
38   33 5
43   43 0
46   46 0
50   47 3
51   51 0
53   53 0
62   62 0
62   62 0
65   65 0
72   72 0
72   72 0
81   81 0
85   85 0
104   98 6
106   92 14
108   108 0
108   94 14
110   104 6
114   107 7
115   99 16
115   115 0
116   100 16
118   112 6
118   93 25
119   113 6
121   96 25
122   115 7
123   115 8
126   119 7
128   128 0
128   111 17
129   129 0
131   104 27
132   133 -1
134   126 8
135   127 8
140   111 29
143   114 29
149   118 31
152   121 31
152   143 9
156   156 0
156   157 -1
156   124 32
163   163 0
168   158 10
169   187 -18
169   170 -1
172   190 -18
173   173 0
177   196 -19
177   195 -18
180   181 -1
181   201 -20
181   182 -1
183   203 -20
184   181 3
185   204 -19
189   210 -21
194   215 -21
200   198 2
202   199 3
211   198 13
213   210 3
213   210 3
214   215 -1
218   212 6
220   208 12
221   218 3
227   214 13
228   215 13
230   224 6
234   231 3
234   259 -25
239   236 3
240   226 14
244   230 14
250   247 3
250   276 -26
252   246 6
257   253 4
259   245 14
266   259 7
266   207 59
268   264 4
269   262 7
273   257 16
278   262 16
294   277 17
300   292 8
306   298 8
309   300 9
312   294 18
315   306 9
317   309 8
323   314 9
332   323 9
337   262 75
343   344 -1
347   343 4
353   387 -34
353   393 -40
357   397 -40
361   340 21
370   411 -41
371   412 -41
382   297 85
384   422 -38
384   299 85
394   432 -38
395   433 -38
410   450 -40
422   328 94
434   436 -2
440   342 98
463   513 -50
475   528 -53
475   480 -5
489   537 -48
491   546 -55
501   557 -56
502   559 -57
512   562 -50
513   570 -57
537   543 -6
541   593 -52
561   567 -6
564   619 -55
566   620 -54
611   679 -68
612   659 -47
612   659 -47
618   664 -46
620   690 -70
638   710 -72
650   699 -49
659   710 -51
669   733 -64
684   735 -51
720   774 -54
726   734 -8
743   801 -58
753   809 -56
783   841 -58
783   858 -75
789   847 -58
804   867 -63
811   873 -62
816   879 -63
840   903 -63
841   904 -63
863   930 -67
886   951 -65
898   959 -61
930   1,002 -72
966   1,041 -75
974   1,047 -73
980   991 -11
1,064   1,143 -79
1,246   1,343 -97
1,365   1,471 -106
2,150   2,044 106
4,796   5,801 -1,005
5,497   4,850 647
6,100   7,524 -1,424
8,450   7,837 613
9,676   11,199 -1,523
9,804   11,014 -1,210
13,945   12,933 1,012
16,974   16,713 261
25,450   23,100 2,350
31,000   26,623 4,377
36,611   33,713 2,898
39,050   35,619 3,431
39,242   29,626 9,616
44,050   37,617 6,433
46,150   33,095 13,055
47,225   31,919 15,306
52,561   59,412 -6,851
55,000   59,930 -4,930
57,000   61,013 -4,013
58,320   73,759 -15,439
65,000   65,030 -30
75,000   75,000 0
79,825   80,323 -498
81,425   70,852 10,573
99,600   83,098 16,502
131,860   108,785 23,075
145,195   128,612 16,583
166,000   130,359 35,641
182,675   127,921 54,754
201,575   132,924 68,651
7,753     7,753
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       2
b       2
c       2
d       2
e       0
      5
      5
      0
      0
      3
      0
      0
      0
      0
      0
      0
      0
      0
      0
      6
      14
      0
      14
      6
      7
      16
      0
      16
      6
      25
      6
      25
      7
      8
      7
      0
      17
      0
      27
      -1
      8
      8
      29
      29
      31
      31
      9
      0
      -1
      32
      0
      10
      -18
      -1
      -18
      0
      -19
      -18
      -1
      -20
      -1
      -20
      3
      -19
      -21
      -21
      2
      3
      13
      3
      3
      -1
      6
      12
      3
      13
      13
      6
      3
      -25
      3
      14
      14
      3
      -26
      6
      4
      14
      7
      59
      4
      7
      16
      16
      17
      8
      8
      9
      18
      9
      8
      9
      9
      75
      -1
      4
      -34
      -40
      -40
      21
      -41
      -41
      85
      -38
      85
      -38
      -38
      -40
      94
      -2
      98
      -50
      -53
      -5
      -48
      -55
      -56
      -57
      -50
      -57
      -6
      -52
      -6
      -55
      -54
      -68
      -47
      -47
      -46
      -70
      -72
      -49
      -51
      -64
      -51
      -54
      -8
      -58
      -56
      -58
      -75
      -58
      -63
      -62
      -63
      -63
      -63
      -67
      -65
      -61
      -72
      -75
      -73
      -11
      -79
      -97
      -106
      106
      -1,005
      647
      -1,424
      613
      -1,523
      -1,210
      1,012
      261
      2,350
      4,377
      2,898
      3,431
      9,616
      6,433
      13,055
      15,306
      -6,851
      -4,930
      -4,013
      -15,439
      -30
      0
      -498
      10,573
      16,502
      23,075
      16,583
      35,641
      54,754
      68,651
      7,753
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 2 254,796
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 6,475
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 6,475
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 6,475
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 15,053
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 15,053
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 8,578
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow8,578 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowTX
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 arrowBECKY WHITENER Telephone no.right arrow (325) 677-6251

Located atright arrow1147 ELMWOOD DRABILENETX ZIP+4right arrow79605
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
MARY R WHITENER OFFICER
1.00 		0 0 0
1147 ELMWOOD DR
ABILENE,TX79605
LAUREN WHITENER DIRECTOR
1.00 		0 0 0
1147 ELMWOOD DR
ABILENE,TX79605
BOBBY MITCHELL DIRECTOR
1.00 		0 0 0
1147 ELMWOOD DR
ABILENE,TX79605
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
10,791,365
b
Average of monthly cash balances.......................
1b
3,706
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
10,795,071
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
10,795,071
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
161,926
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
10,633,145
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
531,657
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
531,657
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
6,475
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
6,475
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
525,182
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
525,182
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
525,182
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
565,000
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
565,000
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 525,182
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 489,283
b Total for prior years:2022, 20, 20 14,000
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$ 565,000
a Applied to 2023, but not more than line 2a 489,283
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 75,717
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 .......... 		14,000
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...... 		14,000
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 .......... 		449,465
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).)
MARY R WHITENER
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.
MARY R WHITENER
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

ALL KIND

925 S 25TH ST
ABILENE,TX79602 		NONE PC SUPPORT FOR GENERAL OPERATIONS 10,000

BIBLE TRAINING CENTER FOR PASTORS

2030 TUCKER IND RD STE 126
TUCKER,GA30084 		NONE PC SUPPORT FOR TRAINING PASTORS FOR FOREIGN MINISTRY 100,000

BIG COUNTRY CASA

400 OAK STREET SUITE 217
ABILENE,TX79602 		NONE PC SUPPORT FOR GENERAL OPERATIONS 25,000

FELLOWSHIP OF COMPANIES FOR CHRIST INTERNATIONAL

11675 GREAT OAKS WAY SUITE 150
ALPHARETTA,GA30022 		NONE PC SUPPORT FOR GENERAL OPERATIONS 60,000

FIRST BAPTIST SANTA FE

1605 OLD PECOS TRAIL
SANTA FE,NM87505 		NONE PC SUPPORT FOR GENERAL OPERATIONS 20,000

NOAH PROJECT

5802 TEXAS AVE
ABILENE,TX79605 		NONE PC SUPPORT FOR GENERAL OPERATIONS 20,000

PREGNANCY RESOURCES

2110 N WILLIS ST SUITE A
ABILENE,TX79603 		NONE PC SUPPORT FOR GENERAL OPERATIONS 20,000

ABILENE PERFORMING ARTS CENTER

1049 INDUSTRIAL BLVD 200
ABILENE,TX79602 		NONE PC SUPPORT FOR GENERAL OPERATIONS 85,000

OREGON REPERTORY SINGERS

1730 SW SKYLINE BLVD
PORTLAND,OR97282 		NONE PC SUPPORT FOR GENERAL OPERATIONS 5,000

FABER INSTITUTE

1500 NW 167TH PL
BEAVERTON,OR97006 		NONE PC SUPPORT FOR GENERAL OPERATIONS 10,000

WEST TEXAS REHABILITATION CENTER

4601 HARTFORD ST
ABILENE,TX79605 		NONE PC SUPPORT FOR GENERAL OPERATIONS 10,000

MERRY HEART CAMP

POBOX 80413
PORTLAND,OR97280 		NONE PC SUPPORT FOR GENERAL OPERATIONS 15,000

HABITAT FOR HUMANITY ABILENE

101 A FULWILER RD
ABILENE,TX79603 		NONE PC SUPPORT FOR GENERAL OPERATIONS 5,000

GLOBAL SAMARITAN

2074 N 1ST
ABILENE,TX79603 		NONE PC SUPPORT FOR GENERAL OPERATIONS 20,000

MEN OF NEMIAH

2010 AL LIPSCOMB WAT
DALLAS,TX75215 		NONE PC SUPPORT FOR GENERAL OPERATIONS 5,000

CHRISTIAN HOMES

1202 ESTATES DR
ABILENE,TX79602 		NONE PC SUPPORT FOR GENERAL OPERATIONS 20,000

LANTERN PROJECT

57 UNION STREET
CONCORD,NC28025 		NONE PC SUPPORT FOR GENERAL OPERATIONS 50,000

JEREMIAHS HOPE

46 MEDICAL PARK DR E 475
BIRMINGHAM,AL35235 		NONE PC SUPPORT FOR GENERAL OPERATIONS 5,000

REGIONAL VICTIMS CRISIS

310 N WILLIS ST
ABILENE,TX79603 		NONE PC SUPPORT FOR GENERAL OPERATIONS 80,000
Total .................................right arrow 3a 565,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 69,565  
4 Dividends and interest from securities ....     14 226,417  
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 ............ 		    18 254,796  
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) .. 0 550,778 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
550,778
(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:
WHITENER FAMILY FOUNDATION
EIN:
75-2681790
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 7,500 7,500   0

TY 2024 InvestmentsCorpBondsSchedule
Name:
WHITENER FAMILY FOUNDATION
EIN:
75-2681790
Name of Bond End of Year Book Value End of Year Fair Market Value
ANHEUSER-BUSCH COS. LLC 4.700% 2/1/2036 59,112 47,478
APPLE INC. 2.550% 8/20/2060 69,263 49,333
AT&T INC. 5.250% 3/1/2037 59,347 48,925
GOLDMAN SACHS GROUP, INC. 3.750% 2/25/2026 55,404 49,447
JPMORGAN CHASE & CO. 3.157% 4/22/2042 66,589 51,366
MORGAN STANLEY 3.875% 4/29/2024 43,928 44,783
WELLS FARGO & COMPANY 4.150% 1/24/2029 56,671 48,424

TY 2024 InvestmentsCorpStockSchedule
Name:
WHITENER FAMILY FOUNDATION
EIN:
75-2681790
Name of Stock End of Year Book Value End of Year Fair Market Value
AVANTIS U.S. EQUITY FUND 178,958 250,270
DFA EMERGING MARKETS CORE EQUITY PORTFOLIO 273,937 256,814
DFA EMERGING MARKETS SMALL CAP PORTFOLIO 117,899 129,200
DFA INFLATION-PROTECTED SECURITIES PORTFOLIO 219,112 181,642
DFA INTERMEDIATE GOVERNMENT FIXED INCOME PORTFOLIO 152,700 140,913
DFA INTERMEDIATE-TERM EXTENDED QUALITY PORTFOLIO 162,646 153,917
DFA INTERNATIONAL CORE EQUITY PORTFOLIO 514,613 514,648
DFA U.S. CORE EQUITY 2 PORTFOLIO 768,637 1,109,264
DFA U.S. SMALL CAP PORTFOLIO 213,250 241,250
FLEXSHARES HIGH YIELD VALUE-SCORED BOND INDEX FUND ETF 77,543 77,902
INVESCO FUNDAMENTAL HIGH YIELD CORPORATE BOND ETF 83,488 78,106
ISHARES CMBS ETF 157,342 157,648
ISHARES INTERNATIONAL TREASURY BOND ETF 309,044 285,461
NORTHERN BOND INDEX FUND 156,306 141,577
NORTHERN EMERGING MARKETS EQUITY INDEX FUND 156,576 126,129
NORTHERN INTERNATIONAL EQUITY INDEX FUND 360,033 375,534
NORTHERN STOCK INDEX FUND 171,765 230,360
NORTHERN TREASURY PORTFOILIO INSTITUTIONAL 11,128 11,128
NORTHERN TREASURY PORTFOLIO INSITUTIONAL 356,351 356,351
ORACLE CORP 4.000% 11/15/2047 33,605 34,325
SCHWAB FUNDAMENTAL EMERGING MARKETS LARGE COMPANY INDEX FUND 257,252 249,407
SCHWAB FUNDAMENTAL INTERNATIONAL LARGE COMPANY INDEX FUND 481,005 497,868
SCHWAB FUNDAMENTAL INTERNATIONAL SMALL COMPANY INDEX FUND 364,739 372,674
SCHWAB FUNDAMENTAL US LARGE COMPANY INDEX FUND 832,027 1,110,539
SCHWAB FUNDAMENTAL US SMALL COMPANY INDEX FUND 220,867 238,975
VANECK VECTORS J.P. MORGAN EM LOCAL CURRENCY BOND ETF 336,029 307,247
VANGUARD MORTGAGE-BACKED SECURITIES INDEX FUND 146,327 134,496
WISDOM TREE US MIDCAP FUND ETF 196,549 242,226
JPMORGAN EQUITY PREMIUM INCOME 245,725 251,406
SPDR BLOOMBERG INTERNATIONAL TREASURY BOND ETF 22,839 22,353

TY 2024 InvestmentsGovtObligationsSch
Name:
WHITENER FAMILY FOUNDATION
EIN:
75-2681790
US Government Securities - End of Year Book Value:

654,219
US Government Securities - End of Year Fair Market Value:

622,367
State & Local Government Securities - End of Year Book Value:


719,759
State & Local Government Securities - End of Year Fair Market Value:


644,259


TY 2024 InvestmentsOtherSchedule2
Name:
WHITENER FAMILY FOUNDATION
EIN:
75-2681790
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ABBEY CAPITAL FUTURES STRATEGY FUND AT COST 339,078 314,247
BLACKROCK EVENT DRIVEN EQUITY FUND AT COST 152,832 154,275
THE MERGER FUND AT COST 157,362 154,468

TY 2024 OtherAssetsSchedule
Name:
WHITENER FAMILY FOUNDATION
EIN:
75-2681790
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DIVIDENDS RECEIVABLE 16,383 16,383 16,383


TY 2024 OtherLiabilitiesSchedule
Name:
WHITENER FAMILY FOUNDATION
EIN:
75-2681790
Description Beginning of Year - Book Value End of Year - Book Value
DUE TO ELIZABETH WHITENER TRUST 0 7,500


TY 2024 OtherProfessionalFeesSchedule
Name:
WHITENER FAMILY FOUNDATION
EIN:
75-2681790
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BROKERS FEES 53,985 53,985   0


TY 2024 TaxesSchedule
Name:
WHITENER FAMILY FOUNDATION
EIN:
75-2681790
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 8,682 8,682   0
EXCISE TAXES & PENALTIES 5,168 0   0