Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
TR EDNA WARDLAW CHARITABLE TR UA
MAGNOLIA TRUST COMPANY TRUSTEE
Number and street (or P.O. box number if mail is not delivered to street address) 832 GEORGIA AVE 401
  Room/suite
City or town
CHATTANOOGA
State or province
TN
Country  
ZIP or foreign postal code
37402
A Employer identification number

58-6278167
B Telephone number (see instructions)

3108064000
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$40,548,237J 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 .................
3 Interest on savings and temporary cash investments 5,896 5,896  
4 Dividends and interest from securities... 909,435 896,801  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 343,897
b Gross sales price for all assets on line 6a 36,989,170
7 Capital gain net income (from Part IV, line 2)... 343,897
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
1,089 1,089 0
12 Total. Add lines 1 through 11........ 1,260,317 1,247,683 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 178,651 0 0 178,651
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
21,948 0 0 21,948
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
45,972 45,972 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
48,059 33,569 0 0
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
33,300 33,300 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 327,930 112,841 0 200,599
25 Contributions, gifts, grants paid....... 1,555,000 1,555,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,882,930 112,841 0 1,755,599
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -622,613
b Net investment income (if negative, enter -0-) 1,134,842
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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............. 217 31,567 31,567
2 Savings and temporary cash investments......... 3,567,988 1,003,408 1,003,408
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
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)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   15,431 15,431
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 29,685,109 Click to see attachment
List of Attached Documents:
// Content
36,308,609 		36,308,609
c Investments—corporate bonds (attach schedule)....... 3,584,798 0 0
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment
List of Attached Documents:
// Content
3,189,222 		3,189,222
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 36,838,112 40,548,237 40,548,237
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 )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
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
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 36,838,112 36,838,112
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 3,710,125
29 Total net assets or fund balances (see instructions)..... 36,838,112 40,548,237
30 Total liabilities and net assets/fund balances (see instructions). 36,838,112 40,548,237
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
36,838,112
2
Enter amount from Part I, line 27a .....................
2
-622,613
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
4,332,738
4
Add lines 1, 2, and 3 ..........................
4
40,548,237
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
40,548,237
Form 990-PF (2025)
Form 990-PF (2025)
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 PUBLICALLY TRADED SECURITIES P 2025-01-01 2025-12-31
b PUBLICALLY TRADED SECURITIES P 2011-04-06 2025-12-31
c CAPITAL GAIN DISTRIBUTION P 2023-01-01 2025-12-31
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 26,727,890   26,831,092 -103,202
b 9,765,837   9,814,181 -48,344
c 495,443     495,443
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       -103,202
b       -48,344
c       495,443
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 2 343,897
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 -103,202
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 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 15,774
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 15,774
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 15,774
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 15,431
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 15,431
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 238
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 581
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 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)
GA
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 2025 or the taxable year beginning in 2025? 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 addressN/A
14
The books are in care ofASPIRIANT LLC Telephone no. (310) 806-4000

Located at11100 SANTA MONICA BLVD STE 600LOS ANGELESCA ZIP+490025
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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 ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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
MAGNOLIA TRUST COMPANY TRUSTEE
1.00 		13,107 0 0
832 GEORGIA AVE SUITE 401
CHATTANOOGA,TN37402
TRUIST BANK TRUSTEE
1.00 		165,544 0 0
PO BOX 919797
ORLANDO,FL32819
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................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
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
29,180,297
b
Average of monthly cash balances.......................
1b
9,764,705
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
38,945,002
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
38,945,002
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
584,175
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
38,360,827
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
1,918,041
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,918,041
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
15,774
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
15,774
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,902,267
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,902,267
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
1,902,267
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, line 26, column (d) ..........
1a
1,755,599
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
1,755,599
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 1,902,267
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 397,237
b From 2021...... 66,781
c From 2022...... 420,986
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........ 885,004
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,755,599
a Applied to 2024, 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 2025 distributable amount..... 1,755,599
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 146,668 146,668
(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 5 738,336
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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		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 2020 not
applied on line 5 or line 7 (see instructions) ... 		250,569
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		487,767
10 Analysis of line 9:
a Excess from 2021 .... 66,781
b Excess from 2022 .... 420,986
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c 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).)
MAGNOLIA TRUST COMPANY
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 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, 2b, 2c, and 2d. 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 (2025)
Form 990-PF (2025)
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

BEN FRANKLIN ACADEMY

1585 CLIFTON RD NE
ATLANTA,GA30329 		NONE   UNRESTRICTED 15,000

NEW DIRECTIONS OF HORRY COUNTY

PO BOX 2922
MYRTLE BEACH,SC295782922 		NONE   UNRESTRICTED 15,000

ROCKET DOG RESCUE INC

PO BOX 460826
SAN FRANCISCO,CA94146 		NONE   UNRESTRICTED 5,000

SOCIAL AND ENVIRONMENTAL ENTREPRENEURS INC

23564 CALABASAS RD STE 201
CALABASAS,CA91302 		NONE   UNRESTRICTED 10,000

WACCAMAW YOUTH CENTER INC

301 PADGETT LANE
CONWAY,SC29526 		NONE   UNRESTRICTED 10,000

PUBLIC CITIZEN FOUNDATION INC

1600 20TH ST NW
WASHINGTON,DC20009 		NONE   UNRESTRICTED 40,000

THE NATURE CONSERVANCY

825 WARNER ST SW
ATLANTA,GA30310 		NONE   UNRESTRICTED 40,000

SODA MOUNTAIN WILDERNESS COUNCIL

PO BOX 512
ASHLAND,OR97520 		NONE   UNRESTRICTED 60,000

GEORGIA TECH FOUNDATION

760 SPRING ST NW SUITE 400
ATLANTA,GA30308 		NONE   UNRESTRICTED 20,000

SOUTHERN ALLIANCE FOR CLEAN ENERGY

PO BOX 1842
KNOXVILLE,TN37901 		NONE   UNRESTRICTED 5,000

RERUN

236A WATERS ROAD
EAST GREENBUSH,NY12061 		NONE   UNRESTRICTED 5,000

THEATRICAL OUTFIT

PO BOX 1555
ATLANTA,GA30301 		NONE   UNRESTRICTED 5,000

FERNBANK MUSEUM OF NATURAL HISTORY

767 CLIFTON RD
ATLANTA,GA30307 		NONE   UNRESTRICTED 5,000

ATLANTA SPEECH SCHOOL

3160 NORTHSIDE PKWY NW
ATLANTA,GA30327 		NONE   UNRESTRICTED 40,000

PESTICIDE ACTION NETWORK NORTH AMERICA

2029 UNIVERSITY AVE SUITE 200
BERKELEY,CA94704 		NONE   UNRESTRICTED 10,000

DOCTORS WITHOUT BORDERS USA INC

40 RECTOR ST 16TH FLOOR
NEW YORK,NY10006 		NONE   UNRESTRICTED 23,000

WACCAMAW YOUTH CENTER INC

301 PADGETT LANE
CONWAY,SC29526 		NONE   UNRESTRICTED 15,000

FOUR HORSESHOES YOUTH FOUNDATION

17110 JAMES MADISON HWY
GORDONSVILLE,VA22942 		NONE   UNRESTRICTED 25,000

BARNABAS HORSE FOUNDATION

PO BOX 31636
MYRTLE BEACH,SC29588 		NONE   UNRESTRICTED 60,000

UNITED WAY OF HORRY COUNTY INC

PO BOX 50016
MYRTLE BEACH,SC29579 		NONE   UNRESTRICTED 10,000

HELP 4 KIDS

2523 FORESTBROOK RD
MYRTLE BEACH,SC29588 		NONE   UNRESTRICTED 10,000

FIRST PRESBYTERIAN CHURCH OF ATLANTA

1328 PEACHTREE ST NE
ATLANTA,GA30309 		NONE   UNRESTRICTED 10,000

NEW DIRECTIONS OF HORRY COUNTY INC

1005 OSCEOLA ST
MYRTLE BEACH,SC29577 		NONE   UNRESTRICTED 20,000

HABITAT FOR HUMANITY OF HORRY COUNTY

165 CO-OP ROAD
MYRTLE BEACH,SC29588 		NONE   UNRESTRICTED 15,000

SOCIAL GOOD FUND

12651 SAN PABLO AVE UNIT 5473
RICHMOND,CA94805 		NONE   UNRESTRICTED 3,000

NUCLEAR INFO & RESOURCE SERVICE

6930 CARROLL AVENUE SUITE 340
TAKOMA PARK,MD20912 		NONE   UNRESTRICTED 3,000

INTERNATIONAL RESCUE COMMITTEE

2305 PARKLAKE DRIVE
ATLANTA,GA30345 		NONE   UNRESTRICTED 3,000

CURE CHILDHOOD CANCER

200 ASHFORD CENTER N SUITE 250
ATLANTA,GA30338 		NONE   UNRESTRICTED 3,000

NORTHERN VIRGINIA FAMILY SERVICE

10455 WHITE GRANITE DR 100
OAKTON,VA22124 		NONE   UNRESTRICTED 4,500

BENJAMIN FRANKLIN ACADEMY INC

1585 CLIFTON RD
ATLANTA,GA30329 		NONE   UNRESTRICTED 5,000

CAMP SUNSHINE INC

1850 CLARIMONT RD
DECATUR,GA30033 		NONE   UNRESTRICTED 4,000

HILLSIDE INC

690 COURTENAY DR NE
ATLANTA,GA30306 		NONE   UNRESTRICTED 4,000

THE HOWARD SCHOOL INC

1192 FOSTER ST NW
ATLANTA,GA30318 		NONE   UNRESTRICTED 20,000

UPSTREAM POLICY INSTITUTE

PO BOX 1352
DAMARISCOTTA,ME04543 		NONE   UNRESTRICTED 8,000

PEACE BY PIECE INC

PO BOX 720019
ATLANTA,GA30358 		NONE   UNRESTRICTED 5,000

ADAPTIVE DESIGN ASSOCIATION INC

313 W 36TH ST 1
NEW YORK,NY10018 		NONE   UNRESTRICTED 5,000

OAK HILL SCHOOL OF CALIFORNIA

300 SUNNY HILLS DRIVE 6
SAN ANSELMO,CA94960 		NONE   UNRESTRICTED 1,000

BRIDGE THE GAP COLLEGE PREP

636 NEVADA ST ROOM 10
SAUSALITO,CA94965 		NONE   UNRESTRICTED 21,000

COKER UNIVERSITY

300 E COLLEGE AVE
HARTSVILLE,SC29550 		NONE   UNRESTRICTED 15,000

MUSEUM OF HIDDEN HISTORY

2915 NORTH GEORGE STREET SUITE 2
YORK,PA17406 		NONE   UNRESTRICTED 5,000

KIDANGO INC

44000 OLD WARM SPRINGS BLVD
FREMONT,CA94538 		NONE   UNRESTRICTED 5,000

SAMARITAN COUNSELING CTR OF ATLANTA

1328 W PEACHTREE ST NE
ATLANTA,GA30309 		NONE   UNRESTRICTED 4,500

COMMUNITY FOR CREATIVE NON-VIOLENCE

425 2ND ST NW
WASHINGTON,DC20001 		NONE   UNRESTRICTED 4,500

CAMP TWIN LAKES

1100 SPRING STREET
ATLANTA,GA30309 		NONE   UNRESTRICTED 5,000

SOUTH RIVER WATERSHED ALLIANCE

PO BOX 1341
DECATUR,GA30031 		NONE   UNRESTRICTED 4,500

GREATER YELLOWSTONE COALITION INC

215 SOUTH WALLACE AVENUE
BOZEMAN,MT59715 		NONE   UNRESTRICTED 3,750

CHILDREN'S DEVELOPMENT ACADEMY

89 GROVE WAY
ROSWELL,GA30075 		NONE   UNRESTRICTED 2,000

MIAMI GIRLS ROCK CAMP INC

13590 NE 5TH AVE
NORTH MIAMI,FL33161 		NONE   UNRESTRICTED 5,000

EARTH UNIVERSITY FOUNDATION

151 ELLIS ST NE
ATLANTA,GA30303 		NONE   UNRESTRICTED 5,000

NATIONAL FAMILY PLANNING & REPRODUCTIVE HEALTH ASSOCIATION

1025 VERMONT AVE NW 800
WASHINGTON,DC20005 		NONE   UNRESTRICTED 3,750

MAKE YOUR MARK MEDIA

440 WAGGAMON CIR
ANNAPOLIS,MD21403 		NONE   UNRESTRICTED 5,000

SOUTHERN POVERTY LAW CENTER INC

400 WASHINGTON AVE
MONTGOMERY,AL36104 		NONE   UNRESTRICTED 5,000

FREEDOM ARCHIVES

1615 HOPKINS ST
BERKELEY,CA94707 		NONE   UNRESTRICTED 4,500

CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION

1575 NORTHEAST EXPRESSWAY
ATLANTA,GA30329 		NONE   UNRESTRICTED 5,000

THE SHELTERING ARMS

2000 WILKES RIDGE DRIVE
RICHMOND,VA23233 		NONE   UNRESTRICTED 5,000

SIERRA CLUB FOUNDATION

2101 WEBSTER STREET SUITE 1250
OAKLAND,CA94612 		NONE   UNRESTRICTED 4,500

GLOBAL RESISTANCE

PO BOX 2661
BERKELEY,CA94702 		NONE   UNRESTRICTED 36,500

GLOBAL EXCHANGE

901 MISSION ST STE 306
SAN FRANCISCO,CA94103 		NONE   UNRESTRICTED 12,500

KAGYU SUKHA CHOLING

109 CLEAR CREEK DRIVE STE 101
ASHLAND,OR97520 		NONE   UNRESTRICTED 10,000

WE ARE FAMILY SR OUTREACH NETWORK INC

1380 MONROE ST NW 174
WASHINGTON,DC20010 		NONE   UNRESTRICTED 10,000

ANIMAL LEGAL DEFENSE FUND

525 EAST COTATI AVE
COTATI,CA94931 		NONE   UNRESTRICTED 10,000

HOMEWARD BOUND OF MARIN

1385 N HAMILTON PKWY
NOVATO,CA94949 		NONE   UNRESTRICTED 10,000

WORLD CENTRAL KITCHEN INCORPORATED

200 MASSACHUSETTS AVE NW 7TH FL
WASHINGTON,DC20001 		NONE   UNRESTRICTED 20,000

THOUSAND CURRENTS

548 MARKET ST SUITE 62831
SAN FRANCISCO,CA94104 		NONE   UNRESTRICTED 10,000

LA CASA DE LAS MADRES

1269 HOWARD ST
SAN FRANCISCO,CA94103 		NONE   UNRESTRICTED 10,000

TERGAR INTERNATIONAL

1621 E HENNEPIN AVE STE 210
MINNEAPOLIS,MN55414 		NONE   UNRESTRICTED 10,000

SF CARES

2325 POLK ST
SAN FRANCISCO,CA94109 		NONE   UNRESTRICTED 30,000

ECOLOGY ACTION OF THE MIDPENINSULA

5798 RIDGEWOOD RD
WILLITS,CO95490 		NONE   UNRESTRICTED 9,000

HOPE EQUESTRIAN CENTER

PO BOX 396
EAGLE POINT,OR97524 		NONE   UNRESTRICTED 10,000

HEALING BRIDGES

2310 20TH STREET NW
WASHINGTON,DC20009 		NONE   UNRESTRICTED 20,000

COMMUNITY WORKS

2594 E BARNETT RD C
MEDFORD,OR97504 		NONE   UNRESTRICTED 20,000

DEMOCRACY NOW PRODUCTIONS INC

207 W 25TH ST 11TH FL
NEW YORK,NY10001 		NONE   UNRESTRICTED 10,000

CENTER FOR VICTIMS OF TORTURE

4020 E PONCE DE LEON AVE
CLARKSTOWN,GA30021 		NONE   UNRESTRICTED 9,000

MOUNTAIN OUTREACH FLIGHTS INC

24090 HOLYOKE PATH
LAKEVILLE,MN55044 		NONE   UNRESTRICTED 20,000

EARTHJUSTICE

50 CALIFORNIA ST STE 500
SAN FRANCISCO,CA94111 		NONE   UNRESTRICTED 40,000

CODEPINK WOMEN FOR PEACE

578 WASHINGTON BLVD 395
MARINA DEL REY,CA90292 		NONE   UNRESTRICTED 10,000

ENABLING PEACE IN IRAQ CENTER (EPIC)

1140 3RD STREET NE 2ND FLOOR
WASHINGTON,DC20002 		NONE   UNRESTRICTED 15,000

CHICANA FOUNDATION OF NORTHERN CA

1419 BURLINGAME AVE
BURLINGAME,CA94010 		NONE   UNRESTRICTED 15,000

SUNDARI FOUNDATION INC

217 NW 15TH STREET
MIAMI,FL33136 		NONE   UNRESTRICTED 20,000

A JEWISH VOICE FOR PEACE INC

PO BOX 589
BERKELEY,CA94701 		NONE   UNRESTRICTED 39,000

OPEN HAND ATLANTA

181 ARMOUR DRIVE NE
ATLANTA,GA30324 		NONE   UNRESTRICTED 10,000

PEACE HOUSE

PO BOX 524
ASHLAND,OR97520 		NONE   UNRESTRICTED 10,000

ADOPT-A-FAMILY OF MARIN

35 MITCHELL BLVD 16
SAN RAFAEL,CA94903 		NONE   UNRESTRICTED 7,000

INSTITUTE OF NOETIC SCIENCES

101 SAN ANTONIO RD
PETALUMA,CA94952 		NONE   UNRESTRICTED 10,000

BAY AREA URBAN DEBATE LEAGUE

287 17TH ST 201
OAKLAND,CA94612 		NONE   UNRESTRICTED 10,000

FRIENDS OF WLRN

172 NE 15TH ST
MIAMI,FL33132 		NONE   UNRESTRICTED 15,000

OREGON FOOD BANK

7900 NE 33RD DR
PORTLAND,OR97211 		NONE   UNRESTRICTED 10,000

AMERICAN CIVIL LIBERTIES UNION FDN

PO BOX 97396
WASHINGTON,DC20090 		NONE   UNRESTRICTED 20,000

GREEN AMERICA

1612 K ST NW
WASHINGTON,DC20006 		NONE   UNRESTRICTED 20,000

NATURAL RESOURCE DEFENSE COUNCIL

40 WEST 20TH STREET
NEW YORK,NY10011 		NONE   UNRESTRICTED 7,500

SISTERS OF THE ROAD

618 NW DAVIS ST
PORTLAND,OR97209 		NONE   UNRESTRICTED 10,000

INTERNATIONAL LYME & ASSOCIATED DISEASES EDUCATIONAL FOUNDATION INC

2 WISCONSIN CIRCLE STE 700
CHEVY CHASE,MD20815 		NONE   UNRESTRICTED 10,000

INTERNATIONAL CAMPAIGN FOR TIBET

1825 JEFFERSON PLACE NW
WASHINGTON,DC20036 		NONE   UNRESTRICTED 10,000

NATIONAL ORGANIZATION FOR WOMEN

1100 H STREET NW STE 300
WASHINGTON,DC20005 		NONE   UNRESTRICTED 10,000

KIND (KIDS IN NEED OF DEFENSE)

1201 L ST NW
WASHINGTON,DC20005 		NONE   UNRESTRICTED 15,000

MARPA FOUNDATION FOR THE STUDY PRACTICE&SUPPORT OF BUDDHA DHARMA

PO BOX 321
OTEGO,NY13825 		NONE   UNRESTRICTED 10,000

FRESH AIR FUND

633 THIRD AVENUE 14TH FLOOR
NY,NY10017 		NONE   UNRESTRICTED 10,000

CANAL ALLIANCE

91 LARKSPUR ST
SAN RAFAEL,CA94901 		NONE   UNRESTRICTED 20,500

KPFA - THE PACIFICA FOUNDATION

1929 MARTIN LUTHER KING J WAY
BERKELEY,CA94704 		NONE   UNRESTRICTED 15,000

MIDDLE EAST CHILDREN'S ALLIANCE

1101 EIGHTH STREET 100
BERKELEY,CA94710 		NONE   UNRESTRICTED 39,000

GREENPEACE FUND INC

1300 I ST NW SUITE 1100E
WASHINGTON,DC20005 		NONE   UNRESTRICTED 2,500

REPRODUCTIVE FREEDOM FOR ALL FOUNDATION

1725 EYE STREET NW STE 900
WASHINGTON,DC20006 		NONE   UNRESTRICTED 10,000

ORGANIC CONSUMERS ASSOCIATION

6771 SOUTH SILVER HILL DRIVE
FINLAND,MN55603 		NONE   UNRESTRICTED 10,000

10000 DEGREES

1401 LOS GAMOS DRIVE SUITE 205
SAN RAFAEL,CA94903 		NONE   UNRESTRICTED 15,000

PLANNED PARENTHOOD FEDERATION OF AMERICA INC

123 WILLIAM ST
NEW YORK,NY10038 		NONE   UNRESTRICTED 80,000

SAVE THE CHILDREN FEDERATION

501 KINGS HIGHWAY EAST SUITE 400
FAIRFIELD,CT06825 		NONE   UNRESTRICTED 40,000

WOMEN'S SPORTS FOUNDATION

247 WEST 30TH STREET 5TH FLOOR
NEW YORK,NY10001 		NONE   UNRESTRICTED 3,000

GEOS INSTITUTE

84 4TH ST
ASHLAND,OR97520 		NONE   UNRESTRICTED 20,000

AMERICAN RED CROSS

P O BOX 37839
BOONE,IA50037 		NONE   UNRESTRICTED 25,000

REDWOOD JUSTICE FUND

PO BOX 411074
SANTA ROSA,CA94141 		NONE   UNRESTRICTED 20,000
Total ................................. 3a 1,555,000
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
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 5,896  
4 Dividends and interest from securities ....     14 909,435  
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 .....         1,089
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 343,897  
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 1,259,228 1,089
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,260,317
(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 OTHER INCOME
Form 990-PF (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 InvestmentsCorpStockSchedule
Name:
TR EDNA WARDLAW CHARITABLE TR UA
 
MAGNOLIA TRUST COMPANY TRUSTEE
EIN:
58-6278167
Name of Stock End of Year Book Value End of Year Fair Market Value
CHARLES SCHWAB #1926 EQUITIES 21,592,687 21,592,687
CHARLES SCHWAB #1926 OTHER ASSETS 254,477 254,477
CHARLES SCHWAB #1880 FIXED INCOME 9,866,622 9,866,622
CHARLES SCHWAB #1880 MUTUAL FUNDS 4,594,823 4,594,823

TY 2025 InvestmentsOtherSchedule2
Name:
TR EDNA WARDLAW CHARITABLE TR UA
 
MAGNOLIA TRUST COMPANY TRUSTEE
EIN:
58-6278167
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CHARLES SCHWAB #1880 EXCHANGE TRADED FUNDS FMV 3,189,222 3,189,222

TY 2025 LegalFeesSchedule
Name:
TR EDNA WARDLAW CHARITABLE TR UA
 
MAGNOLIA TRUST COMPANY TRUSTEE
EIN:
58-6278167
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 21,948 0 0 21,948


TY 2025 OtherExpensesSchedule
Name:
TR EDNA WARDLAW CHARITABLE TR UA
 
MAGNOLIA TRUST COMPANY TRUSTEE
EIN:
58-6278167
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSES - TRUIST 14,660 14,660 0 0
OTHER EXPENSES - MAGNOLIA 18,640 18,640 0 0


TY 2025 OtherIncomeSchedule2
Name:
TR EDNA WARDLAW CHARITABLE TR UA
 
MAGNOLIA TRUST COMPANY TRUSTEE
EIN:
58-6278167
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 1,089 1,089 0


TY 2025 OtherIncreasesSchedule
Name:
TR EDNA WARDLAW CHARITABLE TR UA
 
MAGNOLIA TRUST COMPANY TRUSTEE
EIN:
58-6278167
Description Amount
CHANGE IN UNREALIZED GAIN/LOSS 4,332,738


TY 2025 OtherProfessionalFeesSchedule
Name:
TR EDNA WARDLAW CHARITABLE TR UA
 
MAGNOLIA TRUST COMPANY TRUSTEE
EIN:
58-6278167
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEE 45,972 45,972 0 0


TY 2025 TaxesSchedule
Name:
TR EDNA WARDLAW CHARITABLE TR UA
 
MAGNOLIA TRUST COMPANY TRUSTEE
EIN:
58-6278167
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 33,569 33,569 0 0
EXCISE TAXES 14,490 0 0 0