BETA

RICHARD C ADKERSON FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
RICHARD C ADKERSON FAMILY FOUNDATION (EIN 72-1353058)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-09-06
IRS object ID
202442509349100304
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-09-06T10:01:39-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN720136870PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BOURGEOIS BENNETT LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1111 VETERANS BLVD SUITE 1700AddressLine1Txt
CityMETAIRIECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70005ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN721353058EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RICHARD C ADKERSON FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRICHBusinessNameControlTxt
Phone6023668377PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 310AddressLine1Txt
CityLAPLACECityNm
State AbbreviationLAStateAbbreviationCd
ZIP700690310ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD C ADKERSONPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6023668377PhoneNum
Signature2024-08-20SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKENNETH T FRANZPreparerPersonNm
PTINP00182200PTIN
Phone5048314949PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$21,709,281FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$120,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$25,547InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$25,547InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$335,724DividendsRevAndExpnssAmt
Dividends Net Invst Incm$335,724DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$48,785NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,062,339GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$48,785CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$530,056TotalRevAndExpnssAmt
Total Net Invst Incm$410,056TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$4,860AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$4,860AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$195,877OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$195,877OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$200,737TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$200,737TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,836,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,836,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,037,237TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$200,737TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,836,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,507,181ExcessRevenueOverExpensesAmt
Net Investment Income$209,319NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$93,259CashBOYAmt
Cash EOY$21,901CashEOYAmt
Cash EOYFMV$21,901CashEOYFMVAmt
Sav And Temp Cash Invst BOY$232,237SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$352,889SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$352,889SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$5,935USGovernmentObligationsBOYAmt
US Government Obligations EOY$0USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$0USGovtObligationsEOYFMVAmt
Corporate Stock BOY$5,812,719CorporateStockBOYAmt
Corporate Stock EOY$5,812,719CorporateStockEOYAmt
Corporate Stock EOYFMV$20,305,039CorporateStockEOYFMVAmt
Corporate Bonds BOY$597,751CorporateBondsBOYAmt
Corporate Bonds EOY$0CorporateBondsEOYAmt
Corporate Bonds EOYFMV$0CorporateBondsEOYFMVAmt
Other Investments BOY$1,541,479OtherInvestmentsBOYAmt
Other Investments EOY$863,229OtherInvestmentsEOYAmt
Other Investments EOYFMV$1,029,452OtherInvestmentsEOYFMVAmt
Other Assets BOY$274,539OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$8,557,919TotalAssetsBOYAmt
Total Assets EOY$7,050,738TotalAssetsEOYAmt
Total Assets EOYFMV$21,709,281TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$8,557,919NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$7,050,738NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$8,557,919TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,050,738TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$8,557,919TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,050,738TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$8,557,919TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,507,181ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$7,050,738SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$7,050,738TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (20 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
AMERICAN INTL GROUPP2018-09-192023-12-19$49,726$50,010-$284-$284
AMERICAN TOWER CORPP2015-08-192023-12-19$49,864$50,059-$195-$195
BANK OF AMERICAP2017-03-302023-12-19$48,909$49,855-$946-$946
CITIGROUPP2015-10-132023-12-19$49,353$50,001-$648-$648
DIRECTV HOLDINGS, LLCP2015-06-122023-12-19$45,763$50,058-$4,295-$4,295
FIFTH THIRD BANCORPP2018-09-192023-12-19$49,761$50,009-$248-$248
GOLDMAN SACHSP2018-03-272023-12-19$48,975$50,039-$1,064-$1,064
JPMORGAN CHASE & COP2018-03-272023-12-19$49,302$49,875-$573-$573
KINDER MORGAN ENERGYP2015-05-142023-12-19$49,809$50,004-$195-$195
OLD REPUBLIC INERNTP2015-10-152023-12-19$49,436$50,263-$827-$827
US TREASURYP2013-12-162023-11-15$6,000$5,935$65$65
WELLS FARGO & COP2018-03-272023-08-15$40,000$40,000$0$0
WILLIAMS PARTNERSP2018-03-272023-12-19$49,034$49,222-$188-$188
AMG GW&K SMALL CAP CORE IP2019-03-152023-12-19$395,384$331,179$64,205$64,205
LOOMIS SAYLES STRATEGIC ALPHAP2019-01-072023-12-13$383,896$397,293-$13,397-$13,397
FEDERATED HERMES STRATEGIC VALUE DIVP2019-01-142023-12-19$642,164$637,468$4,696$4,696
AMG GW&K SMALL CAP CORE IP2023-12-142023-12-19$4,026$3,373$653$653
LOOMIS SAYLES STRATEGIC ALPHAP2022-12-212023-12-19$19,768$20,457-$689-$689
FEDERATED HERMES STRATEGIC VALUE DIVP2022-12-212023-12-19$28,664$28,454$210$210
CAPITAL GAINS DIVIDENDSP$2,505$2,505$2,505
FieldValueIRS element (for citing)
Capital Gain Net Income$48,785CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,910InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$2,910SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$2,910TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$7,065EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$7,065TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$4,155OverpaymentAmt
Applied To ES Tax$4,155AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateLAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksTERRI LEAKE PRETLOVEIndividualWithBooksNm
Phone6023668377PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 310AddressLine1Txt
CityLAPLACECityNm
State AbbreviationLAStateAbbreviationCd
ZIP700690310ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
RICHARD C ADKERSON
1400 WEST BAR BC RANCH ROADJACKSONWY83001TRUSTEE0.00$0$0$0
RICHARD CLARK ADKERSON
1400 WEST BAR BC RANCH ROADJACKSONWY83001TRUSTEE0.00$0$0$0
WILLIAM TYLER ADKERSON
1400 WEST BAR BC RANCH ROADJACKSONWY83001TRUSTEE0.00$0$0$0
ROBERT RYAN ADKERSON
1400 WEST BAR BC RANCH ROADJACKSONWY83001TRUSTEE0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHARLES SCHWAB & CO INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 MAIN STREETAddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94105ZIPCd
FieldValueIRS element (for citing)
Service TypeINVESTMENT ADVISORY FEESServiceTypeTxt
Compensation$195,877CompensationAmt
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$21,251,638AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$388,065AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$21,639,703TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$21,639,703AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$324,596CashDeemedCharitableAmt
Net Vl Noncharitable Assets$21,315,107NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,065,755MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,065,755MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,910TaxBasedOnInvestmentIncomeAmt
Total Tax$2,910TotalTaxAmt
Distributable Before Adj$1,062,845DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$1,062,845DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$1,062,845DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,836,500ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$1,836,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,062,845DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$199,371ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$737,307ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$780,514ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$439,163ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$646,681ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$2,803,036TotalExcessDistributionCyovAmt
Qualifying Distributions$1,836,500QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,062,845AppliedToCurrentYearAmt
Remaining Distri From Corpus$773,655RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$3,576,691TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$199,371ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$3,377,320ExcessDistriCyovToNextYrAmt
Excess From Year4$737,307ExcessFromYear4Amt
Excess From Year3$780,514ExcessFromYear3Amt
Excess From Year2$439,163ExcessFromYear2Amt
Excess From Year1$646,681ExcessFromYear1Amt
Excess From Current Year$773,655ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRICHARD C ADKERSONContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (41 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
TUPELO-LEE HUMANE SOCIETY
2795 CLIFF GOOKIN BLVDTUPELOMS38801EXEMPTGENERAL PURPOSE$1,000
CCA LOUISIANA
12241 INDUSTRIPLEX BLVDBATON ROUGELA70809EXEMPTGENERAL PURPOSE$1,000
ST MARTIN'S EPISCOPAL SCHOOL
225 GREEN ACRES RDMETAIRIELA70003EXEMPTGENERAL PURPOSE$1,000
METROPOLITAN CRIME COMMISSION INC
1615 POYDRAS STREET SUITE 1060NEW ORLEANSLA70112EXEMPTGENERAL PURPOSE$1,000
VCPORA
PO BOX 56095NEW ORLEANSLA70156EXEMPT2023 GALA$2,500
SHADES OF PRAISE
6301 ST CHARLES AVENUENEW ORLEANSLA70118EXEMPTGENERAL PURPOSE$2,500
VIEUX CARRE COMMISSION FOUNDATION
PO BOX 57444NEW ORLEANSLA70157EXEMPTORLEANS SPONSORSHIP$2,500
NEW ORLEANS MUSEUM OF ART
ONE COLLINS C DIBOLL CIRCLE CITYNEW ORLEANSLA70124EXEMPTGENERAL PURPOSE$2,500PARK
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149MISSISSIPPI STATEMS39762EXEMPTDAVID EASLEY ENDOWED SCHOLARSHIP$2,500
COTTONWOOD INSTITUTE
PO BOX 7067DENVERCO80207EXEMPTGENERAL PURPOSE$5,000
FLYTE
1614 E 6TH STREET ROOM 319AUSTINTX78702EXEMPTGENERAL PURPOSE$5,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149MISSISSIPPI STATEMS39762EXEMPTSAN ADKERSON PRESIDENT ENDOWMENT$5,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149MISSISSIPPI STATEMS39762EXEMPTIN HONOR OF DEAN OSWALK$5,000
COPS 8
334 ROYAL STREETNEW ORLEANSLA70130EXEMPT8TH DISTRICT ROYAL STREET STATION IMPROVEMENTS$10,000
OPPORTUNITY INTERNATIONAL
550 WEST VAN BUREN STREETCHICAGOIL60607EXEMPTGENERAL PURPOSE$10,000
DUCKS UNLIMITED
ONE WATERFOWL WAYMEMPHISTN381202351EXEMPTGENERAL PURPOSE$10,000
BUREAU OF GOVERNMENTAL RESEARCH
1055 ST CHARLES AVENUE SUITE 200NEW ORLEANSLA70130EXEMPTGENERAL PURPOSE$10,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149MISSISSIPPI STATEMS39762EXEMPTPRESIDENT'S CABINET$10,000
THE LOUISIANA MUSEUM FOUNDATION
1000 BOURBON ST B429NEW ORLEANSLA70116EXEMPTGENERAL PURPOSE$10,000
TROUT UNLIMITED
1777 N KENT ST SUITE 100ARLINGTONVA22209EXEMPTGENERAL PURPOSE$10,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149MISSISSIPPI STATEMS39762EXEMPTADKERSON GRADUATE FELLOWSHIP$15,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149MISSISSIPPI STATEMS39762EXEMPTROBERT BELL ATHLETIC ADMIN FELLOWSHIP ENDOWMENT$20,000
THE NATIONAL WORLD WAR II MUSEUM
945 MAGAZINE STREETNEW ORLEANSLA701303813EXEMPTHIGGINS CAMPAIGN$20,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149MISSISSIPPI STATEMS39762EXEMPTNABA STUDENT CHAPTER$20,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149MISSISSIPPI STATEMS39762EXEMPTFRANK DOWSING JR. FOOTBALL FELLOWSHIP ENDOWMENT$20,000
THE 18TH WARD SPORTS CLUB
3329 BELL STNEW ORLEANSLA70119EXEMPTGENERAL PURPOSE$20,000
UNIVERSITY OF ARIZONA FOUNDATION
1111 N CHERRY AVENUETUCSONAZ85719EXEMPTPRESIDENT'S FUND$25,000
NATIONAL MUSEUM OF WILDLIFE ART
2820 RUNGIUS ROADJACKSONWY83002EXEMPTWESTERN VISIONS 2023 SPONSORSHIP$25,000
WATER MISSION
PO BOX 71489N CHARLESTONSC29415EXEMPTGENERAL PURPOSE$30,000
KOSCIUSKO FOUNDATION FOR EXCELLENCE IN EDUCATION
PO BOX 1184KOSCIUSKOMS39090EXEMPTSKIPWORTH AUDITORIUM$30,000
THE NATIONAL WORLD WAR II MUSEUM
945 MAGAZINE STREETNEW ORLEANSLA701303813EXEMPTD-DAY TO LIBERATION$50,000
CITY OF STARKVILLE CORNERSTONE SPORTS COMPLEX
226 CORNERSTONE BLVDSTARKVILLEMS39759EXEMPTGENERAL PURPOSE$70,000
TGEN FOUNDATION
445 N FIFTH STREETPHOENIXAZ85004EXEMPTJOHN S. MCCAIN III ENDOWED CHAIR$80,000
NATIONAL MINING HALL OF FAME & MUSEUM
120 WEST 9TH STLEADVILLECO80461EXEMPTENDOWMENT CAMPAIGN$80,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149MISSISSIPPI STATEMS39762EXEMPTADKERSON ENDOWED GRADUATE FELLOWSHIP$100,000
NATIONAL MINING HALL OF FAME & MUSEUM
120 WEST 9TH STLEADVILLECO80461EXEMPTMATCH CHALLENGE$125,000
THE NATIONAL WORLD WAR II MUSEUM
945 MAGAZINE STREETNEW ORLEANSLA701303813EXEMPTGENERAL PURPOSE$200,000
ARIZONA SCIENCE CENTER
600 E WASHINGTON STPHOENIXAZ85004EXEMPTGRAND CANYON EXPERIENCE$200,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149MISSISSIPPI STATEMS39762EXEMPTRCA CHAIR OF ACCOUNTANCY$200,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149MISSISSIPPI STATEMS39762EXEMPTADKERSON ONLINE PROGRAMS FOR EXCELLENCE$200,000
MISSISSIPPI STATE - THE BULLDOG CLUB INC
PO BOX BTMISSISSIPPI STATEMS39762EXEMPTBASEBALL FACILITY$200,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,836,500TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$25,547ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$335,724ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$48,785ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$410,056ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$410,056TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
RICHARD C ADKERSON
11400 WEST BAR BC RANCH ROADJACKSONWY83001$40,000Yes (X)
FREEPORT-MCMORAN FOUNDATION
2333 NORTH CENTRAL AVENUEPHOENIXAZ85004$80,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$4,860Amt
Net Investment Income$4,860NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockFREEPORT-MCMORAN, INC.StockNm
EOY Book Value$5,812,719EOYBookValueAmt
EOYFMV$20,305,039EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (3 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
VANGUARD REAL ESTATEAT COST$163,100$204,995
ISHARES RUSSELL 1000AT COST$300,024$409,280
ISHARES 10-20 YEARAT COST$400,105$415,177

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDIVIDEND RECEIVABLEDesc
BOY Book Value$274,539BOYBookValueAmt
EOY Book Value$0EOYBookValueAmt
EOYFMV$0EOYFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT ADVISORY FEESCategoryTxt
Amt$195,877Amt
Net Investment Income$195,877NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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