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
WATKINS CHRISTIAN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)3715 NORTHSIDE PKWY NW SUITE 3-500
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30327
A Employer identification number

58-1494832
B Telephone number (see instructions)

(404) 872-8359
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$102,325,216J 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 21,983 18,738  
4 Dividends and interest from securities... 2,366,263 2,366,263  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,710,399
b Gross sales price for all assets on line 6a 27,190,697
7 Capital gain net income (from Part IV, line 2)... 7,710,399
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,458,114 0  
12 Total. Add lines 1 through 11........ 14,556,759 10,095,400  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 425,681 0   425,681
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
3,590 0   3,590
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
152,364 0   152,364
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
447,786 337,089   71,812
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
198,458 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 39,453 0   39,453
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
75,714 5,116   141,758
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,343,046 342,205   834,658
25 Contributions, gifts, grants paid....... 4,000,000 4,000,000
26 Total expenses and disbursements. Add lines 24 and 25 5,343,046 342,205   4,834,658
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 9,213,713
b Net investment income (if negative, enter -0-) 9,753,195
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............. 3,455,683 3,128,574 3,128,574
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.......... 28,726 29,886 29,886
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 89,631,720 Click to see attachment
List of Attached Documents:
// Content
99,081,899 		99,081,899
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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
81,612 		Click to see attachment
List of Attached Documents:
// Content
84,857 		Click to see attachment
List of Attached Documents:
// Content
84,857
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 93,197,741 102,325,216 102,325,216
Liabilities 17 Accounts payable and accrued expenses.......... 126,809 166,147
18 Grants payable................. 4,250,000 4,050,000
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) Click to see attachment
List of Attached Documents:
// Content
205,602 		Click to see attachment
List of Attached Documents:
// Content
280,026
23 Total liabilities (add lines 17 through 22)......... 4,582,411 4,496,173
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 88,615,330 97,829,043
29 Total net assets or fund balances (see instructions)..... 88,615,330 97,829,043
30 Total liabilities and net assets/fund balances (see instructions). 93,197,741 102,325,216
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
88,615,330
2
Enter amount from Part I, line 27a .....................
2
9,213,713
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
97,829,043
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
97,829,043
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 SECURITIES - SHORT-TERM     2024-12-31
b PUBLICLY TRADED SECURITIES - LONG-TERM     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 796,037   673,863 122,174
b 26,394,660   18,806,435 7,588,225
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       122,174
b       7,588,225
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 7,710,399
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) 1 135,569
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........................... 3 135,569
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- ..... 5 135,569
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 109,700
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 37,100
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 146,800
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
8 107
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 11,124
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11 11,124
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 arrowGA
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 arrowJEREMY BAGLEY Telephone no.right arrow (404) 872-8359

Located atright arrow3715 NORTHSIDE PARKWAY NW SUITE3-500ATLANTAGA ZIP+4right arrow30327
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
W NEAL FREEMAN DIRECTOR
1.00 		0 0 0
3715 NORTHSIDE PKWY NW STE 3-500
ATLANTA,GA30327
ERIC S WAHLEN DIRECTOR
1.00 		0 0 0
3715 NORTHSIDE PKWY NW STE 3-500
ATLANTA,GA30327
GEORGE C WATKINS CHAIRMAN
2.00 		0 0 0
3715 NORTHSIDE PKWY NW STE 3-500
ATLANTA,GA30327
MICHAEL L WATKINS PRESIDENT
15.00 		66,496 22,313 13,232
3715 NORTHSIDE PKWY NW STE 3-500
ATLANTA,GA30327
SARAH WATKINS DIRECTOR
1.00 		0 0 0
3715 NORTHSIDE PKWY NW STE 3-500
ATLANTA,GA30327
WILLIAM B WATKINS V DIRECTOR
2.00 		0 0 0
3715 NORTHSIDE PKWY NW STE 3-500
ATLANTA,GA30327
ROZITA LA GORCE EXECUTIVE DIRECTOR
40.00 		261,095 28,942 0
3715 NORTHSIDE PKWY NW STE 3-500
ATLANTA,GA30327
JEREMY BAGLEY SECRETARY, TREASURER
10.00 		10,610 567 662
3715 NORTHSIDE PKWY NW STE 3-500
ATLANTA,GA30327
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
CRAWFORD INVESTMENT COUNSEL INVESTMENT MANAGEMENT 328,264
600 GALLERIA PKWY SUITE 1650
ATLANTA,GA30339
MOORE COLSON & COMPANY AUDIT/TAX SERVICES 63,831
600 GALLERIA PKWY SUITE 600
ATLANTA,GA30339
YOUR PART-TIME CONTROLLER LLC ACCOUNTING SERVICES 62,294
1600 MARKET STREET SUITE 3425
PHILADELPHIA,PA19103
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
96,639,487
b
Average of monthly cash balances.......................
1b
3,481,579
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
100,121,066
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
100,121,066
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,501,816
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
98,619,250
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,930,963
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
4,930,963
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
135,569
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
135,569
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,795,394
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,795,394
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
4,795,394
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
4,834,658
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
4,834,658
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 4,795,394
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023...... 611,424
f Total of lines 3a through e ........ 611,424
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 4,834,658
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 4,795,394
e Remaining amount distributed out of corpus 39,264
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 5 650,688
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		650,688
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023.... 611,424
e Excess from 2024.... 39,264
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ADVENTURES OF THE HEART MINISTRIES INC

6050 PEACHTREE PKWY
NORCROSS,GA30092 		  PC GENERAL OPERATING SUPPORT 80,000

ATHLETES IN ACTION - ULTIMATE TRAINING CAMP

9236 GUYOT DR
KNOXVILLE,TN37922 		  PC TO SUPPORT THE STAFF NEEDED TO IMPLEMENT THE CAMPS IN CURRENT LOCATIONS 50,000

ATHLETES IN ACTION

651 TAYLOR DRIVE
XENIA,OH45385 		  PC GENERAL OPERATING SUPPORT 10,000

ATLAS MINISTRY INC

1560 SOUTH MAIN STREET
GREENSBORO,GA30642 		  PC GENERAL OPERATING SUPPORT 25,000

CEDARBROOK OUTREACH

8833 MIDDLEBROOK PIKE
KNOXVILLE,TN37923 		  PC GENERAL OPERATING SUPPORT 40,000

CHRIST HARBOR UNITED METHODIST

13650 HWY 43 N
NORTHPORT,AL35475 		  PC GENERAL OPERATING SUPPORT 25,000

CITY OF REFUGE INC

1300 JOSEPH E BOONE BLVD NW
ATLANTA,GA30314 		  PC CITY SCHOOL EXPANSION 100,000

CORNERSTONE CHRISTIAN ACADEMY

GRANT
PEACHTREE CORNERS,GA30092 		  PC CAPITAL CAMPAIGN FOR BUILDING RENOVATION AND EXPANSION. 400,000

EAGLE RANCH

PO BOX 7200
CHESTNUT MOUNTAIN,GA30502 		  PC GENERAL OPERATING SUPPORT 75,000

BROOKWOOD SCHOOL INC

301 CARDINAL RIDGE RD
THOMASVILLE,GA31792 		  PC ADDITIONAL FUNDING FOR DINING HALL PROJECT 200,000

EPWORTH BY THE SEA

PO BOX 20407
ST SIMONS ISLAND,GA31522 		  PC GENERAL OPERATING SUPPORT 50,000

FELLOWSHIP OF CHRISTIAN ATHLETES

31 MOURY AVENUE SOUTHEAST
ATLANTA,GA30315 		  PC SUMMER SPORTS LEAGUES, CAMPS AND MISSION TRIPS 50,000

FELLOWSHIP OF CHRISTIAN ATHLETES - SOUTH DIVISION STAFF MOBILIZATION

982 AZALEE HESTER WHARTON WAY
ATLANTA,GA30318 		  PC GENERAL OPERATING SUPPORT 75,000

FLORIDA BAPTIST CHILDREN'S HOMES AND ONE MORE CHILD

1015 SIKES BLVD
LAKELAND,FL33815 		  PC TO SUPPORT THE SINGLE MOMS PROGRAM THAT PROVIDES PREVENTATIVE SERVICES TO SINGLE MOMS AND THEIR CHILDREN. 75,000

GREATER ATLANTA CHRISTIAN SCHOOL

1575 INDIAN TRAIL LILBURN RD NW
NORCROSS,GA30093 		  PC TO SUPPORT THE QUIET PHASE OF THE LIGHT THE WAY CAMPAIGN 100,000

HEART 2 HEART MINISTRIES FOR HIM INC

PO BOX 957
CUMMING,GA30028 		  PC GENERAL OPERATING SUPPORT 7,500

HOPE ACADEMY

710 EAST 24TH STREET
MINNEAPOLIS,MN55404 		  PC HOPE ACADEMY EXPANSION 400,000

INTERNATIONAL LEADERSHIP INSTITUTE

PO BOX 1005
CARROLLTON,GA30112 		  PC GENERAL OPERATING SUPPORT 20,000

JESUIT HIGH SCHOOL OF TAMPA FL

4701 N HIMES AVE
TAMPA,FL33614 		  PC CAPITAL CAMPAIGN & FINANCIAL AID NEEDY STUDENTS 550,000

KIDZ2LEADERS

1640 POWERS FERRY RD
MARIETTA,GA30067 		  PC TO SUPPORT THE 2024 HOPE SUMMER CAMPS 50,000

LAKE POINT CHURCH

PO BOX 106
EMERSON,GA30137 		  PC GENERAL OPERATING SUPPORT 15,000

LIGHTHOUSE FAMILY RETREAT

2555 NORTHWINDS PARKWAY
ALPHARETTA,GA30009 		  PC TO HOST 121 FAMILIES FROM THE SE REGION WHO ARE LIVING THROUGH CHILDHOOD CANCER ON WEEK-LONG AND WEEKEND RETREATS. 50,000

LIONHEART LIFE CENTER INC

225 ROSWELL STREET
ALPHARETTA,GA30009 		  PC GENERAL OPERATING SUPPORT 35,000

MARY HALL FREEDOM VILLAGE INC

1235 HIGHTOWER TRAIL
SANDY SPRINGS,GA30350 		  PC TO SUPPORT THE INNOVATIVE MINDS SUMMER ENRICHMENT PROGRAM 15,000

METCALFE INDEPENDENT CHURCH 229

3434 SPRINGHILL ROAD
THOMASVILLE,GA31792 		  PC FINAL SUPPORT FOR THE CASH RESERVE FUND FOR THE ONGOING CHURCH MAINTENANCE PROJECTS. 100,000

METRO ATLANTA YOUTH FOR CHRIST

1 MECA WAY
NORCROSS,GA30093 		  PC GENERAL OPERATING SUPPORT 30,000

NORTH GEORGIA CAMP AND RETREAT MINISTRIES INC

690 CAMP GLISSON ROAD
DAHLONEGA,GA30533 		  PC TO SUPPORT THE GENERAL OPERATIONS OF THE SUMMER YOUTH PROGRAM 25,000

PACT MINISTRY

16 DEERPATH CT
COLUMBIA,SC29229 		  PC TO SUPPORT THE CERTIFICATION TRAINING FOR VETERAN STUDENT PASTORS 38,000

PALMA CEIA PRESBYTERIAN CHURCH

3501 SAN JOSE STREET
TAMPA,FL33629 		  PC TO SUPPORT THE BETHLEHEM INCLUSIVE AND DIGITAL ACCESS MINISTRIES 150,000

PARKER STREET MINISTRIES INC

719 N MASSACHUSETTS AVE
LAKELAND,FL33801 		  PC GENERAL OPERATING SUPPORT 82,500

PEACE RIVER CENTER FOR PERSONAL DEVELOPMENTINC

1239 E MAIN STREET
BARTOW,FL33830 		  PC GENERAL OPERATING SUPPORT 35,000

RADICAL LIFE MINISTRIES

PO BOX 1248
KEYSTONE HEIGHTS,FL32656 		  PC GENERAL OPERATING SUPPORT 20,000

SHEPHERD'S HILL ACADEMY INC

2200 PRICE RD
MARTIN,GA305573457 		  PC TO SUPPORT THE DEVELOPMENT OF SHEPHERD'S HILL ACADEMY'S NEW CAMPUS 75,000

SMOKE RISE BAPTIST CHURCH

5901 HUGH HOWELL ROAD
STONE MOUNTAIN,GA30078 		  PC ON-SITE MENTAL HEALTH SERVICES 50,000

SPREADING HOPE NETWORK

PO BOX 6381
MINNEAPOLIS,MN55406 		  PC NEW SCHOOL DEVELOPMENT - MINISTRY EXPANSION 20,000

THE FIRST UNITED METHODIST CHURCH OF LAKELAND INC

72 LAKE MORTON DRIVE
LAKELAND,FL33801 		  PC TO SUPPORT YEAR-ROUND PROGRAMMING FOR THE CHILDREN, YOUTH AND NEIGHBORHOOD MINISTRIES THAT PRIMARILY FOCUS ON PROVIDING SCHOLARSHIPS FOR YOUTH TO ATTEND THE WARREN W. WILLIS UNITED METHODIST YOUTH CAMPS. 325,000

THE GATHERING PLACE

PO BOX 394
THOMASVILLE,GA31799 		  PC TO SUPPORT THE GENERAL OPERATIONS OF THE GATHERING PLACE - THOMASVILLE. 60,000

VASHTI CENTER INC

1815 E CLAY STREET
THOMASVILLE,GA31792 		  NC CHAPLAIN/BISHOP HALL ROOF 130,000

VISION ATLANTA INC

PO BOX 724
BUFORD,GA20519 		  PC ACADEMIC CENTER BUILDING 50,000

VOLUNTEERS IN SERVICE TO THE ELDERLY (VISTE)

1232 E MAGNOLIA ST
LAKELAND,FL33801 		  PC CAPITAL INFRASTRUCTURE SUPPORT 75,000

YOUNG LIFE

9803 CREEK CROSS ST
TAMPA,FL33647 		  PC GENERAL OPERATING SUPPORT 100,000

YOUNG LIFE MURFREESBORO

PO BOX 741
MURFREESBORO,TN37133 		  PC GENERAL OPERATING SUPPORT 30,000

YOUNG LIFE POLK COUNTY

PO BOX 8962
LAKELAND,FL33806 		  PC GENERAL OPERATING SUPPORT 17,000

YOUNG MEN'S CHRISTIAN ASSOCIATION & YOUTH CENTER OF THOMASVILLE INC

102 SOUTH DAWSON STREET
THOMASVILLE,GA31792 		  PC GENERAL OPERATING SUPPORT 50,000

YOUTH OUTREACH UNITED

1370 HOME PLACE DRIVE
LAWRENCEVILLE,GA30043 		  PC TO SUPPORT THE DEVELOPMENT OF A NEW ELEMENTARY SCHOOL MINISTRY OUTREACH 40,000
Total .................................right arrow 3a 4,000,000
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 21,983  
4 Dividends and interest from securities ....     14 2,366,263  
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 .....         4,458,114
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 7,710,399  
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 10,098,645 4,458,114
13Total. Add line 12, columns (b), (d), and (e)..................
13
14,556,759
(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.)
7 NOT APPLICABLE
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:
WATKINS CHRISTIAN FOUNDATION INC
EIN:
58-1494832
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 152,364 0   152,364

TY 2024 GeneralExplanationAttachment
Name:
WATKINS CHRISTIAN FOUNDATION INC
EIN:
58-1494832
Identifier Return Reference Explanation
  PART 1, LINE 26 COLUMN (D) THE FOUNDATION DOES NOT HAVE ANY KNOWLEDGE THAT VASHTI CENTER INC. IS A 509(A)(3) TYPE III NON-FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION. THE FOUNDATION HAS EXERCISED EXPENDITURE RESPONSIBILITY IN MAKING THE GRANT AND HAS NOT TREATED THE GRANT TO SUCH AS A QUALIFYING DISTRIBUTION ON PART I, LINE 26, COLUMN (D) IN THE AMOUNT OF $130,000

TY 2024 InvestmentsCorpStockSchedule
Name:
WATKINS CHRISTIAN FOUNDATION INC
EIN:
58-1494832
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBVIE INC 2,057,766 2,057,766
ACADEMY SPORTS & OUTDOOR 649,514 649,514
AMDOCS LIMITED 1,188,980 1,188,980
APTAR GROUP INC 1,156,256 1,156,256
ARTISAN PARTNERS ASSET MANAGEMENT INC 257,439 257,439
ASTRAZENECA 1,834,560 1,834,560
AZZ INCORPORATED 394,035 394,035
BELDEN INC 822,053 822,053
BLACK HILLS CORP 359,313 359,313
H&R BLOCK INC 243,857 243,857
BROADCOM INC 1,821,103 1,821,103
BROWN & BROWN INC 509,080 509,080
BROWN FORMAN CORP CL B 155,148 155,148
CACTUS INC 305,223 305,223
CAMECO CORPORATION 676,806 676,806
CARDINAL HEALTH INC 273,204 273,204
CARTER'S INC 281,246 281,246
CHARLES SCHWAB CORP 1,282,593 1,282,593
CLOROX CO 253,360 253,360
COMCAST CORP 1,484,312 1,484,312
CONMED CORPORATION 1,025,916 1,025,916
DT MIDSTREAM INC 278,404 278,404
ESCO TECH INC 1,131,619 1,131,619
GENUINE PARTS COMPANY 521,917 521,917
GLOBAL PAYMENTS INC 1,890,564 1,890,564
FULLER H B CO 284,091 284,091
HNI CORP 244,295 244,295
HACKETT GROUP INC 380,621 380,621
HANOVER INSURANCE 332,519 332,519
HASBRO INC 1,193,679 1,193,679
HOME DEPOT INC 1,271,997 1,271,997
HONEYWELL INTL INC 1,355,340 1,355,340
HOULIHAN LOKEY INC 288,276 288,276
HUNTINGTON BANCSHARES INC 323,773 323,773
INTERNATIONAL BUSINESS MACHINES 1,318,980 1,318,980
JOHNSON CONTROLS INTERNATIONAL PLC 1,933,785 1,933,785
JOHNSON OUTDOORS INC 157,080 157,080
JP MORGAN CHASE 1,414,289 1,414,289
LAMB WESTON HOLDINGS INC 1,273,780 1,273,780
LITTELFUSE, INC 230,937 230,937
LPL FINL HLDGS 333,040 333,040
M&T BANK CORP 370,944 370,944
MARSH AND MCLENNAN COMPANIES INC 1,123,649 1,123,649
MARVELL TECHNOLOGY, INC 1,299,444 1,299,444
MEDTRONIC PLC 1,198,200 1,198,200
MICROSOFT CORP 1,972,620 1,972,620
MONARCH CASINO&RESORT 273,783 273,783
MOOG INC CL A 620,046 620,046
MUELLER WATER PRODUCTS INC 376,425 376,425
NVENT ELECTRIC PLC 1,311,058 1,311,058
OLD REP INTL CORP 402,795 402,795
OMNICOM GROUP 1,548,720 1,548,720
ORACLE CORP 1,516,424 1,516,424
PERRIGO CO PLC 468,179 468,179
PFIZER INC 1,381,152 1,381,152
PHILIP MORRIS INTL 1,648,795 1,648,795
POWER INTEGRATIONS, INC 543,577 543,577
PROCTER GAMBLE CO 1,547,410 1,547,410
RESMED INC 313,305 313,305
REVVITY INC 273,445 273,445
SBA COMMUNICATIONS CORP 1,508,120 1,508,120
S&P GLOBAL INC COM 1,220,174 1,220,174
SAP AKTIENGESELL ADS 1,713,622 1,713,622
SERVICE CP INTL 308,903 308,903
SHOE CARNIVAL INC 195,503 195,503
SMITH A O CORP DEL COM 214,862 214,862
SOUTH STATE CORPORATION 282,523 282,523
STANDEX INTERNATIONAL CORP 517,962 517,962
STARBUCKS CORP COM 1,277,500 1,277,500
TE CONNECTIVITY LTD 1,445,427 1,445,427
TEXAS PACIFIC LAND CORPORATION 221,192 221,192
THE COCA-COLA CO 1,612,534 1,612,534
TRICO BANCSHARES 303,278 303,278
TURNING POINT BRANDS INC 457,361 457,361
U.S. PHYSICAL THERAPY INC 427,582 427,582
UNITED PARCEL SERVICE 1,197,950 1,197,950
VALMONT INDUSTRIES INC 233,069 233,069
VISA INC 1,450,624 1,450,624
WEC ENERGY GROUP, INC 1,480,660 1,480,660
WALKER & DUNLOP INC 253,718 253,718
WAL-MART STORES INC 1,844,044 1,844,044
WILLIS TOWERS WATSON 469,860 469,860
WOODWARD INC 301,220 301,220
ZIMMER BIOMET HOLDINGS 268,300 268,300
ALEXANDRIA REAL ESTATE EQUITIES INC 682,850 682,850
AMERICAN ASSETS TRUST INC 314,857 314,857
CUBESMART 212,536 212,536
ESSEX PRTY TR INC 241,197 241,197
INDEPENDENCE REALTY TR 267,642 267,642
STAG INDUSTRIAL INC 216,786 216,786
CRAWFORD DIV OPPORTUNITY FUND 12,198,941 12,198,941
ARES MGMT CORP 750,607 750,607
CADRE HOLDINGS INC 261,953 261,953
CANADIAN NAT RES LTD 559,364 559,364
DOLLAR GEN CORP NEW 1,567,579 1,567,579
HEXCEL CORP NEW 285,285 285,285
LOGILITY SUPPLY CHAIN 526,189 526,189
MANPOWERGROUP INC WIS 225,685 225,685
MONRO INC 218,364 218,364
NIKE INC 1,176,290 1,176,290
PEGASYSTEMS INC 1,398,000 1,398,000
PPG INDS INC 266,374 266,374
QUEST DIAGNOSTICS 1,475,411 1,475,411
ROPER TECHNOLOGIES INC 857,753 857,753
RTX CORP 1,272,920 1,272,920
SALESFORCE INC 1,002,990 1,002,990
SS&C TECHNOLOGIES HLDGS 1,661,855 1,661,855
STOCK YDS BANCORP INC 265,673 265,673
XYLEM INC 261,045 261,045
TERRENO REALTY CORP 327,044 327,044

TY 2024 LegalFeesSchedule
Name:
WATKINS CHRISTIAN FOUNDATION INC
EIN:
58-1494832
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 3,590 0   3,590


TY 2024 OtherAssetsSchedule
Name:
WATKINS CHRISTIAN FOUNDATION INC
EIN:
58-1494832
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DIVIDEND RECEIVABLE 81,612 84,857 84,857


TY 2024 OtherExpensesSchedule
Name:
WATKINS CHRISTIAN FOUNDATION INC
EIN:
58-1494832
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK CHARGES 5,116 5,116   0
CELL PHONE EXPENSE 1,516 0   1,516
OFFICE & SUPPLIES 9,352 0   9,352
COMMUNICATIONS FEES 23,266 0   23,266
DUES AND MEMBERSHIPS 15,871 0   15,871
INSURANCE 20,593 0   21,753
ACCRUED CONTRIBUTIONS (APPROVED - NOT PAID) 0 0   200,000
LESS: THE VASHTI CENTER CONTRIBUTIONS AS IRC 509 (A)(3) 0 0   -130,000


TY 2024 OtherIncomeSchedule2
Name:
WATKINS CHRISTIAN FOUNDATION INC
EIN:
58-1494832
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
UNREALIZED PORTFOLIO GAIN 4,458,114 0  


TY 2024 OtherLiabilitiesSchedule
Name:
WATKINS CHRISTIAN FOUNDATION INC
EIN:
58-1494832
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAXES PAYABLE 192,144 254,112
FEDERAL EXCISE TAX PAYABLE 13,458 25,914


TY 2024 OtherProfessionalFeesSchedule
Name:
WATKINS CHRISTIAN FOUNDATION INC
EIN:
58-1494832
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STAFF DEVELOPMENT & TRAINING 6,491 0   6,492
SOFTWARE SUBSCRIPTIONS 28,683 0   28,683
PROGRAM SUPPORT CONSULTANT 3,200 0   3,200
PHILANTHROPIC CONSULTING FEES 33,275 0   33,273
INVESTMENT MANAGEMENT FEES 337,089 337,089   0
ADMINISTRATIVE (FOUNDATION SOURCE) 1,223 0   -37,661
OTHER PROFESSIONAL FEES 25,249 0   25,249
TECHNOLOGY FEES 12,576 0   12,576


TY 2024 TaxesSchedule
Name:
WATKINS CHRISTIAN FOUNDATION INC
EIN:
58-1494832
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 136,490 0   0
FEDERAL EXCISE TAX - DEFERRED 61,968 0   0