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
ALICE M YARNOLD & SAMUEL YARNOLD
SCHOLARSHIP TRUST
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 874
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW CASTLE, NH03854
A Employer identification number

02-0476417
B Telephone number (see instructions)

(603) 396-8651
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$985,708J 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 38 38 38
4 Dividends and interest from securities... 27,862 27,862 27,862
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 132,407
b Gross sales price for all assets on line 6a 930,647
7 Capital gain net income (from Part IV, line 2)... 132,407
8 Net short-term capital gain......... 29,240
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,835 17 2,835
12 Total. Add lines 1 through 11........ 163,142 160,324 59,975
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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
3,600      
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
842      
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
656 656    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
17,582 13,131   3,047
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,680 13,787   3,047
25 Contributions, gifts, grants paid....... 49,000 71,000
26 Total expenses and disbursements. Add lines 24 and 25 71,680 13,787   74,047
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 91,462
b Net investment income (if negative, enter -0-) 146,537
c Adjusted net income (if negative, enter -0-)... 59,975
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......... 64,575 40,662 40,662
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)      
b Investments—corporate stock (attach schedule)....... 753,121 Click to see attachment
List of Attached Documents:
// Content
845,340 		915,693
c Investments—corporate bonds (attach schedule)....... 28,181 Click to see attachment
List of Attached Documents:
// Content
29,390 		29,353
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
53 		   
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 845,930 915,392 985,708
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
28,000 		Click to see attachment
List of Attached Documents:
// Content
2,000
23 Total liabilities (add lines 17 through 22)......... 28,000 2,000
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 817,930 913,392
29 Total net assets or fund balances (see instructions)..... 817,930 913,392
30 Total liabilities and net assets/fund balances (see instructions). 845,930 915,392
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
817,930
2
Enter amount from Part I, line 27a .....................
2
91,462
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,000
4
Add lines 1, 2, and 3 ..........................
4
913,392
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
913,392
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 ENTERPRISE PRODUCT PARTNERS LP P    
b NATIONAL GRID PLC SPON ADR NE P    
c 2024 RAYMOND JAMES 434 - SEE ATTACHE P    
d 2024 RAYMOND JAMES 434 - SEE ATTACHE P    
e 2024 RAYMOND JAMES 149 - SEE ATTACHE P    
2024 RAYMOND JAMES 149 - SEE ATTACHE 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 4,784   4,245 539
b 330   760 -430
c 171,709   164,491 7,218
d 454,808   386,691 68,117
e 161,519   139,067 22,452
137,475   102,986 34,489
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       539
b       -430
c       7,218
d       68,117
e       22,452
      34,489
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 2 132,407
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 29,240
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 2,037
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 2,037
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,037
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 395
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,172
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,567
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  
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 10 530
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow530 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNH
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 arrowHTTPS://WWW.YARNOLDSCHOLARSHIPTRUST.ORG
14
The books are in care ofright arrowKATHRYN LYNCH Telephone no.right arrow (603) 396-8651

Located atright arrowPO BOX 874NEW CASTLENH ZIP+4right arrow03854
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
 
 
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)
Yes
 
(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
 
No
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
JULIA ROBERTS TRUSTEE
000.00 		0 0 0
PO BOX 874
NEW CASTLE,NH03854
KATHRYN LYNCH TRUSTEE
000.00 		0 0 0
PO BOX 874
NEW CASTLE,NH03854
WILLIAM S DANFORD MD TRUSTEE
000.00 		0 0 0
PO BOX 874
NEW CASTLE,NH03854
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  
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 AWARD SCHOLARSHIPS TO POST-SECONDARY STUDENTS IN FIELDS OF NURSING, MEDICINE AND SOCIAL WORK. 49,000
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 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
937,503
b
Average of monthly cash balances.......................
1b
42,954
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
980,457
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
980,457
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
14,707
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
965,750
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
48,288
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
48,288
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
2,037
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,037
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
46,251
4
Recoveries of amounts treated as qualifying distributions................
4
4,000
5
Add lines 3 and 4............................
5
50,251
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
50,251
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
74,047
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
74,047
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 50,251
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 26,688
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 74,047
a Applied to 2023, but not more than line 2a 26,688
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 47,359
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		2,892
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 e-mail address of the person to whom applications should be addressed:
ALICE SAMUEL YARNOLD SCHOL TRUST
C/O KATHRYN LYNCH PO BOX 874
NEW CASTLE,NH03854
(603) 396-8651
bThe form in which applications should be submitted and information and materials they should include:
SEE ATTACHED 2024 APPLICATION
cAny submission deadlines:
JUNE 14, 2024
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE ATTACHED 2024 APPLICATION
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
RACHEL BANGASIMBO


20 ROCKVILLE STREET
MANCHESTER,NH03104 		    NURSING 3,000
ALEXANDRA BESSETTE


181 PINEBROOK PLACE
MANCHESTER,NH03109 		    NURSING 2,000
ALEXI BROCHU


24 BLUFFS BLVD
CENTER OSSIPEE,NH03814 		    NURSING 2,000
TAYLOR DODDRELL


71 ROUND POND ROAD
EAST WAKEFIELD,NH03830 		    NURSING 2,000
REBEKAH GEORGY


24 CANTRY CLUB DRIVE
APT 12
MANCHESTER,NH03109 		    NURSING 2,000
COURTNEY HASTINGS


252 S HIDDEN CAKE ROAD
STODDARD,NH03464 		    NURSING 3,000
KIANA MCCORMICK


1373 STINSON LAKE ROAD
RUMNEY,NH03266 		    NURSING 2,000
HAYLEY NEILSON


117 FOX HOLLOW WAY
MANCHESTER,NH03104 		    NURSING 2,000
LAUREN VINCENT


24 RIVERVIEW ROAD
DURHAM,NH03824 		    NURSING 2,000
TRISTA VOISINE


758 RIVER ROAD
BOW,NH03304 		    NURSING 2,000
OLIVIA ZOTTOS


14 LENOX STREET
SOMERSWORTH,NH03878 		    SOCIAL WORK 2,000
JEHANNE ANTONIO


60 CAMELOT DRIVE
BEDFORD,NH03110 		    NURSING 4,000
EVELINE AUGER


87 HALE ROAD
SANBORNTON,NH03269 		    NURSING 4,000
RACHEL BANGASIMBO


20 ROCKVILLE STREET
MANCHESTER,NH03104 		    NURSING 4,000
ALEXI BROCHU


24 BLUFFS BLVD
CENTER OSSIPEE,NH03814 		    NURSING 2,000
TESSA CURTIN


13 THOMAS STREET
ROCHESTER,NH03867 		    SOCIAL WORK 3,000
JAIME DOHANEY


35 SULLIVAN ROAD
HUDSON,NH03051 		    NURSING 3,000
OLIVIA DUPRAT


50 SPRING BROOK DRIVE
MILTON,NH03851 		    NURSING 4,000
LIBBY FORTIN


9 ALPINE STREET
GORHAM,NH03851 		    NURSING 4,000
ASHLEY HAMILTON


40 LAUREL STREET
MANCHESTER,NH03102 		    NURSING 2,000
MORIAH JELLISON


PO BOX 74
BATH,NH03740 		    NURSING 2,000
HALEY NEILSON


117 FOX HOLLOW WAY
MANCHESTER,NH03104 		    NURSING 4,000
HANNAH SCOTT


45 SOUTHWEST ROAD
CANTERBURY,NH03224 		    NURSING 3,000
CAITLIN STAPLETON


61 EAST STREET
CLAREMONT,NH03743 		    NURSING 2,000
HANNAH VINCENT


24 RIVERVIEW ROAD
DURHAM,NH03824 		    SOCIAL WORK 4,000
LAUREN VINCENT


24 RIVERVIEW ROAD
DURHAM,NH03824 		    NURSING 2,000
Total .................................right arrow 3a 71,000
bApproved for future payment
RACHEL TSHIAKAMPA

233 SPRUCE STREET
APT 1
MANCHESTER,NH03103 		    NURSING 2,000
Total ................................. right arrow 3b 2,000
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 38  
4 Dividends and interest from securities ....     14 27,862  
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 ............ 		    18 132,407  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aDEFERRED INCOME 		    25 17  
bENTERPRISE PRODUCTS PARTNER     25 -14  
cENTERPRISE PRODUCTS PARTNER     25 2,832  
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   163,142  
13Total. Add line 12, columns (b), (d), and (e)..................
13
163,142
(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:
ALICE M YARNOLD & SAMUEL YARNOLD
 
SCHOLARSHIP TRUST
EIN:
02-0476417
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
HODGDON, WILSON & GRIFFIN 3,600      

TY 2024 InvestmentsCorpBondsSchedule
Name:
ALICE M YARNOLD & SAMUEL YARNOLD
 
SCHOLARSHIP TRUST
EIN:
02-0476417
Name of Bond End of Year Book Value End of Year Fair Market Value
289 SPDR BLMBRG 1-3 MNTH T-BILL 26,538 26,423
307 SPDR BLMBRG 1-3 MNTH T-BILL    
5 SPDR S&P 500 ETF 2,852 2,930

TY 2024 InvestmentsCorpStockSchedule
Name:
ALICE M YARNOLD & SAMUEL YARNOLD
 
SCHOLARSHIP TRUST
EIN:
02-0476417
Name of Stock End of Year Book Value End of Year Fair Market Value
22 ABBOTT LABS 2,238 2,488
17 ABBOTT LABS    
41 ABBVIE INC 5,409 7,286
51 ABBVIE INC    
24 ACCENTURE PLC 8,105 8,443
61 ACUSHNET HLDGS CORP 3,917 4,336
345 AES CORPORATION    
29 AGCO CORPORATION 2,801 2,711
48 AGREE RLTY CORP REIT 3,569 3,382
50 AIA GROUP LIMITED    
18 AIR LEASE CORP 818 868
11 AIR PRODUCTS & CHEMICALS INC 3,272 3,190
72 AIRBUS SE    
75 AGNICO EAGLE MINES LIMITED    
39 ALLIANT ENERGY CORP 2,345 2,306
179 ALLIANZ SE UNSPON ADS 5,911 5,485
20 ALPHABET INC CAP 3,261 3,786
281 AMCOR PLC    
36 AMDOCS LIMITED 3,142 3,065
12 AMEREN CORP 1,041 1,070
12 AMERICAN ELEC PWR INC 1,093 1,107
51 AMERICAN ELEC PWR INC    
57 AMERICAN EXPRESS COMP 13,736 16,917
22 AMERICAN TOWER CORP    
6 AMGEN INC 1,612 1,564
28 AMGEN INC    
67 AMGEN INC 19,628 17,463
96 AMKOR TECHNOLOGY 2,943 2,466
14 ANALOG DEVICES INC 3,219 2,974
52 APPLE INC 11,795 13,022
63 ASAHI KASEI CORP    
7 ASML HOLDINGS N V N Y REGISTRY 5,922 4,852
35 ASSURED GUARANTY LIMITED 2,814 3,150
60 ASTRAZENECA PLC 3,977 3,931
45 ASTRAZENECA PLC    
128 AT&T INC 2,766 2,915
236 AT&T INC    
10 AUTOMATIC DATA PROCESSING 2,806 2,927
4 AVALONBAY CMNTYS INC REIT 911 880
19 AVERY DENNISON CORP 4,213 3,555
191 AXA SA SPON ADR 7,427 6,788
46 AXIS CAPITAL HLDGS    
22 BAE SYSTEMS    
87 BANK AMERICA CORP 3,439 3,824
32 BANK NEW YORK MELLON 2,311 2,459
133 BCE INC NEW    
32 BECTON DICKINSON & CO 947 907
6 BLACKSTONE INC 918 1,035
3 BLACKROCK INC 2,828 3,075
6 BOOZ ALLEN HAMILTON HLDG 960 772
86 BP PLC    
41 BRISTOL MYERS SQUIBB 2,581 2,319
103 BRISTOL MYERS SQUIBB    
163 BRITISH AMERN TOB PLC    
15 BROADRIDGE FINL SOLUTIONS    
73 BROADCOM INC 11,667 16,924
11 BROADCOM INC    
7 BROADCOM INC    
45 BRUNSWICK CORP 3,728 2,911
24 BXP INC 1,925 1,785
2 CABLE ONE INC    
18 CAMDEN PROPERTY TR 2,250 2,089
45 CANADIAN NAT RES LIMITED 1,467 1,389
80 CARLSBERG AS    
34 CARRIER GLOBAL CORP    
57 CATERPILLAR INC 15,617 20,677
55 CATERPILLAR INC    
66 CDN IMPERIAL BK    
130 CENTERPOINT ENERGY    
115 CHEVRON CORP    
85 CHEVRON CORP NEW 12,590 12,311
25 CHEVRON CORP NEW 3,903 3,621
17 CHEVRON CORP NEW    
11 CHUBB LIMITED 1,724 3,039
16 CHUBB LIMITED    
64 CISCO SYSTEMS INC 2,969 3,789
222 CISCO SYSTEMS INC    
47 CISCO SYSTEMS INC    
100 CME GROUP 22,148 23,223
10 CME GROUP 2,140 2,322
55 CME GROUP    
14 CME GROUP    
10 CMS ENERGY 701 667
22 CMS ENERGY    
30 CNA FINL CORP    
140 COCA COLA CO    
43 COCA COLA CO    
39 COCA COLA CO 2,313 2,428
84 COGENT COMMUNICATIONS    
5 COMFORT SYSTEMS 1,982 2,120
90 COMCAST CORP 4,054 3,378
135 COMCAST CORP    
77 CONAGRA BRANDS    
86 CONCENTRA GROUP HLDGS 1,713 1,701
23 CONMED CORP 1,704 1,574
11 CONOCOPHILLIPS 1,130 1,091
65 CONOCOPHILLIPS    
150 CORNING INC    
11 COSTCO WHOLESALE CORP 9,908 10,079
79 COUSINS PPTYS INC 2,325 2,421
14 CRANE COMPANY 2,221 2,125
45 CROWN CASTLE CORP    
23 CSG SYSTEMS INTL    
29 CSX CORP 957 936
32 CULLEN FROST BANKERS 3,582 4,296
3 CUMMINS INC 973 1,046
144 DANONE SPON    
17 DBS GROUP HLDGS    
31 DEERE & CO    
43 DELEK US HLDGS    
5 DIAMONDBACK ENERGY 677 655
19 DISNEY WALT COMPANY 1,812 2,116
25 DNB BANK ASA    
14 DOLLAR GENERAL CORP    
95 DOMINION ENERGY INC    
23 DONALDSON INC 1,697 1,549
17 DOW INCORPORATED    
5 DTE ENERGY COMPANY 630 604
80 DUKE ENERGY CORP    
80 DUKE ENERGY CORP 7,807 8,619
85 DUKE ENERGY CORP    
DUN & BRADSTREET HLDGS    
52 EAST WEST BANCORP 4,148 4,980
17 EAST WEST BANCORP    
13 EASTGROUP PPTYS INC REIT 2,441 2,086
16 EBAY INC 1,021 991
21 EDISON INTERNATIONAL    
26 ENERGIZER HLDGS INC 788 907
164 ENBRIDGE INC    
169 ENGIE SA    
29 ENN ENERGY HLDGS    
24 ENTERGY CORP 1,228 1,820
35 ENTERGY CORP    
165 ENTERPRISE PROD PTRS LP    
28 EOG RES INC 3,354 3,432
5 EQUINIX INC REIT 4,420 4,714
6 EQUINIX INC REIT    
84 EQUITABLE HLDGS INC 3,556 3,962
145 EQUITRANS MIDSTREAM    
83 ESSENTIAL PPTYS RLTY TR INC 2,821 2,596
38 EXXON MOBIL 4,293 4,088
5 F&G ANNUITIES & LIFE INC 219 207
15 FEDERAL AGRIC MTG CORP C 2,755 2,954
8 FEDEX CORP    
64 FIDELITY NATL FINCL IN FNF 3,283 3,593
41 FIDELITY NATL FINCL IN FNF    
64 FOUR CORNERS PROPERTY TR 1,878 1,737
200 FREEPORT-MCMORAN INC CL B    
270 FREEPORT-MCMORAN INC CL B 11,608 10,282
36 GALAXY ENTERTAINMENT    
23 GENERAL MLS INC 1,531 1,467
23 GENERAL MLS INC    
6 GENUINE PARTS CO 908 701
6 GENUINE PARTS CO    
36 GILEAD SCIENCES INC    
41 GOLDMAN SACHS GROUP INC 10,095 23,477
50 GOLDMAN SACHS GROUP INC    
2 GRAINGER W W INC 2,088 2,108
6 GRUPO AEROPUERTO    
19 HAMILTON LANE INC 3,172 2,813
36 HARTFORD FINL SVCS 4,195 3,938
45 HF SINCLAIR CORP 2,042 1,577
12 HITACHI LTD    
21 HOME DEPOT INC 8,346 8,169
53 HOME DEPOT INC 17,482 20,616
44 HOME DEPOT INC    
15 HONEYWELL INTL 3,103 3,388
100 HONEYWELL INTL 19,753 22,589
9 HONEYWELL INTL    
26 HONG KONG EXCHANGES    
8 HUBBELL INC 3,407 3,351
4 HUNTINGTON INGALLS IND INC 1,041 756
323 HUNTINGTON BKSHRS    
67 HUNTSMAN CORP 1,654 1,208
19 HYATT HOTELS CORP 2,994 2,983
30 IBERDROLA SA SPON    
91 ICICI BANK LIMITED ADR 2,842 2,717
18 IDACORP INC 1,661 1,967
37 IDACORP INC    
13 ILLINOIS TOOL WKS INC 3,411 3,296
83 IMPERIAL BRANDS PLC    
137 INDUSTRIA DE DISENO    
30 INGREDION INC 4,103 4,127
14 INTERNATIONAL BUS MACHINES 3,114 3,078
75 INTERNATIONAL BUS MACHINES 13,574 16,487
50 INTERNATIONAL BUS MACHINES    
43 INTERPUBLIC GROUP CO 1,150 1,205
69 INTERPUBLIC GROUP CO    
56 INTESA SANPAOLO    
60 JEFFERIES FINL GROUP INC 3,675 4,704
33 JPMORGAN CHASE & CO 6,157 7,910
100 JPMORGAN CHASE & CO 22,019 23,971
120 JPMORGAN CHASE & CO    
10 JPMORGAN CHASE & CO    
59 JOHNSON & JOHNSON 9,507 8,533
70 JOHNSON & JOHNSON    
8 JOHNSON & JOHNSON    
22 KB FINL GROUP INC    
117 KENVUE INC    
49 KERING S A    
57 KEURIG DR PEPPER INC    
66 KIMBERLY CLARK CORP    
305 KINDER MORGAN INC    
1 KINSALE CAP GROUP INC 452 465
2 KLA CORP COM 328 1,260
4 KLA CORP COM    
592 KONINKLIJKE KPN NV    
47 KROGER CO    
21 LAM RESEARCH CORP 1,739 1,517
27 LCI INDUSTRIES 3,239 2,792
23 LEIDOS HOLDINGS INC 3,641 3,313
5 LILLY ELI & CO    
12 LINCOLN ELEC HLDGS INC 2,316 2,250
5 LINDE PLC 2,405 2,093
10 LITTLEFUSE INC 2,645 2,357
59 LKQ CORP 2,353 2,168
31 LKQ CORP    
4 LOCKHEED MARTIN CORP 1,916 1,944
2 LOCKHEED MARTIN CORP    
54 LONDON STK EXCHANGE GROUP    
56 LONGFOR GROUP    
9 LVMH MOET HENNESSY    
60 LYONDELLBASELL    
7 M&T BK    
68 MAGNOLIA OIL & GAS CORP A 1,647 1,590
50 MARATHON PETE CORP 8,464 6,975
15 MARSH & MCLENNAN COS 3,354 3,186
9 MASTERCARD INC A 4,422 4,739
23 MCDONALDS CORP 6,977 6,667
30 MCDONALDS CORP 5,502 8,697
70 MCDONALDS CORP    
19 MDC HLDGS    
18 MEDTRONIC PLC 1,579 1,438
37 MEDTRONIC PLC    
20 MERCK & COMPANY INC 2,122 1,990
85 MERCK & COMPANY INC 10,354 8,456
120 MERCK & COMPANY INC    
16 MERCK & COMPANY INC    
3 META PLATFORMS 1,700 1,757
22 META PLATFORMS 12,612 12,881
40 MICRON TECHNOLOGY    
52 MICROSOFT CORP 10,206 21,918
55 MICROSOFT CORP    
41 MICROSOFT CORP 17,596 17,282
36 MKS INSTRS INC 4,051 3,758
34 MONDELEZ INTERNATIONAL INC 2,503 2,031
22 MORGAN STANLEY 2,213 2,766
29 MORGAN STANLEY    
16 MSA SAFETY INC 2,864 2,652
94 NATIONAL GRID PLC    
27 NESTLE S A SPON    
12 NEXTERA ENERGY INC 1,005 860
104 NIPPON TELEG TEL    
89 NISOURCE INC 3,051 3,272
10 NORDSON CORP 2,606 2,092
6 NORFOLK SOUTHN    
5 NORTHROP GRUMMAN 2,309 2,346
3 NORTHROP GRUMMAN    
27 NORTHWESTERN ENERGY GROUP    
49 NOVO-NORDISK A S ADR 6,084 4,215
11 NRG ENERGY INC 995 992
47 NVENT ELECTRIC PLC 3,317 3,204
60 ORACLE CORP    
10 OWENS CORNING NEW 1,892 1,703
22 PACKAGING CORP AMER 4,718 4,953
8 PARKER-HANNIFIN CORP 5,130 5,088
32 PAYCHEX INC    
8 PEPSICO INC 1,406 1,216
16 PEPSICO INC    
155 PERMIAN RESOURCES CORP A 2,159 2,229
204 PFIZER INC    
111 PHILIP MORRIS INTL INC    
50 PING AN INS GROUP    
12 PNC FINL SVCS GROUP INC 1,570 2,314
65 PNC FINL SVCS GROUP INC    
10 PPG INDUSTRIES INC 1,336 1,195
89 PPL CORP    
37 PREMIER INC CL A    
86 PRIMO WATER CORP    
40 PROCTOR AND GAMBLE CO 6,958 6,706
100 PROCTOR AND GAMBLE CO 16,590 16,765
140 PROCTOR AND GAMBLE CO    
32 PROGRESSIVE CORP    
8 PROLOGIS INC REIT 1,052 846
12 PUBLIC SVC ENTERPRISE GRP 1,056 1,014
3 PUBLIC STORAGE OPER CO 1,074 898
6 QUALCOMM INC 886 922
24 QUALCOMM INC    
22 QUEST DIAGNOSTICS INC 3,399 3,319
36 REALTY INCOME CORP REIT    
16 REGENCY CTRS CORP REIT 1,141 1,183
6 RELIANCE INC 1,788 1,616
63 RELX PLC SPON    
28 REPUBLIC SVS INC 5,675 5,633
31 ROYALTY PHARMA PLC    
56 ROYAL BK CDA 6,978 6,749
21 RPM INTERNATIONAL INC 2,597 2,584
74 RTX CORP 8,629 8,563
37 RTX CORP    
27 SANOFI SPON ADR 1,300 1,302
54 SANOFI SPON ADR    
17 SAP SE SPON    
150 SCHLUMBERGER LIMITED    
34 SCHLUMBERGER LIMITED    
93 SCHNEIDER ELECTRIC SE UNSPON 5,102 4,640
91 SELECT MED HLDGS CORP 1,702 1,715
40 SERVISFIRST BANCSHARES INC 3,195 3,390
73 SHELL PLC SPON ADS 4,787 4,573
73 SINGAPORE TELECOMM    
13 SMUCKER J M COM    
10 SNAP ON INC 2,893 3,395
24 SOUTHERN COMPANY 1,595 1,976
70 SOUTHERN COMPANY    
21 STARBUCKS CORP    
14 STERIS PLC 3,317 2,878
36 SYSCO CORP    
52 TAIWAN SEMICONDUCTOR MFG LTD    
24 TARGA RES CORP 3,534 4,284
25 TARGET CORP    
165 TC ENERGY CORP    
29 TERRENO RLTY CORP REIT 1,952 1,715
8 TEXAS INSTR INC 1,254 1,500
20 TEXAS INSTR INC    
31 TIMKEN COMPANY 2,630 2,212
37 TJX COMPANIES NEW 4,296 4,470
140 TJX COMPANIES NEW 16,593 16,913
78 TOTALENERGIES 4,227 4,251
149 TOTALENERGIES    
11 TRACTOR SUPPLY CO    
6 TRANE TECHNOLOGIES PLC 2,338 2,216
78 TRINITY INDUSTRIES    
130 TRUIST FINL CORP    
99 UNICREDIT SPA    
34 UNILEVER PLC 1,729 1,928
144 UNILEVER PLC    
10 UNION PAC CORP 2,438 2,280
41 UNITEDHEALTH GROUP INC 12,613 20,740
39 UNITEDHEALTH GROUP INC    
18 UNITEDHEALTH GROUP INC 9,542 9,105
5 UNITEDHEALTH GROUP INC    
34 UNITED OVERSEAS BK LTD    
51 UNITED PARCEL SERVICE CL B    
213 US BANCORP    
154 VALE S A SPON    
14 VALERO ENERGY CORP 1,928 1,716
300 VERIZON COMM 13,554 11,997
210 VERIZON COMM    
180 VERIZON COMM    
127 VICI PPTYS INC REIT    
7 VISA INC 1,907 2,212
80 VISA INC 16,034 25,283
80 VISA INC    
154 VISTRA CORP    
61 WALMART INC 4,851 5,511
125 WALMART INC    
30 WASTE MANAGEMENT INC 6,193 6,054
25 WASTE MANAGEMENT INC    
7 WATSCO INC    
2 WD 40 COMPANY 515 485
30 WEBSTER FINL    
33 WEC ENERGY GROUP 2,968 3,103
49 WELLS FARGO COMPANY NEW 2,758 3,442
168 WILLIAMS COMPANIES INC 4,830 9,092
335 WILLIAMS COMPANIES INC    
30 WILLIAMS SONOMA INC 4,481 5,555
6 WILLIS TOWERS WATSON    
30 WINTRUST FINL CORP 3,213 3,741
38 WOLTERS KLUWER N V SPON 6,644 6,312
26 WPP PLC    
42 XCEL ENERGY    
10 YUM BRANDS INC    
27 ZURICH INSURANCE    

TY 2024 OtherAssetsSchedule
Name:
ALICE M YARNOLD & SAMUEL YARNOLD
 
SCHOLARSHIP TRUST
EIN:
02-0476417
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEFERRED INCOME RECEIVABLE 53    


TY 2024 OtherExpensesSchedule
Name:
ALICE M YARNOLD & SAMUEL YARNOLD
 
SCHOLARSHIP TRUST
EIN:
02-0476417
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
CLERICAL COSTS 2,048     2,975
PO BOX 72     72
INSURANCE 2,246      
PROBATE FEE 85      
RAYMOND JAMES FEES (149) 6,390 6,390    
RAYMOND JAMES FEES (434) 6,738 6,738    
ADR DIV FEE 3 3    


TY 2024 OtherIncomeSchedule2
Name:
ALICE M YARNOLD & SAMUEL YARNOLD
 
SCHOLARSHIP TRUST
EIN:
02-0476417
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
DEFERRED INCOME 17 17 17
ENTERPRISE PRODUCTS PARTNERS -14   -14
ENTERPRISE PRODUCTS PARTNERS 2,832   2,832


TY 2024 OtherIncreasesSchedule
Name:
ALICE M YARNOLD & SAMUEL YARNOLD
 
SCHOLARSHIP TRUST
EIN:
02-0476417
Description Amount
2023 SCHOLARSHIPS-NOT PAID 4,000


TY 2024 OtherLiabilitiesSchedule
Name:
ALICE M YARNOLD & SAMUEL YARNOLD
 
SCHOLARSHIP TRUST
EIN:
02-0476417
Description Beginning of Year - Book Value End of Year - Book Value
SCHOLARSHIPS PAYABLE    
RACHEL BANGASIMBO 3,000  
ALEXANDRA BESSETTE 2,000  
JASMINE BICKFORD 2,000  
ALEXI BROCHU 2,000  
TAYLOR DODDRELL 2,000  
REBEKAH GEORGY 2,000  
COURTNEY HASTINGS 3,000  
KIANA MCCORMICK 2,000  
BRIANNA MEYER 2,000  
HAYLEY NEILSON 2,000  
LAUREN VINCENT 2,000  
TRISTA VOISINE 2,000  
OLIVIA ZOTTOS 2,000  
RACHEL TSHIAKAMPA   2,000


TY 2024 OtherProfessionalFeesSchedule
Name:
ALICE M YARNOLD & SAMUEL YARNOLD
 
SCHOLARSHIP TRUST
EIN:
02-0476417
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL - BRUTON & BERUBE 842      


TY 2024 TaxesSchedule
Name:
ALICE M YARNOLD & SAMUEL YARNOLD
 
SCHOLARSHIP TRUST
EIN:
02-0476417
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID (149) 7 7    
FOREIGN TAXES PAID (434) 649 649