RICHARD C ADKERSON FAMILY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: RICHARD C ADKERSON FAMILY FOUNDATION (EIN 72-1353058)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-08
IRS object ID: 202323129349100022
Schema version: 2022v5.0
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
Form 990-PF
Schedule B
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-08T08:46:14-06:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	720136870	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BOURGEOIS BENNETT LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 VETERANS BLVD SUITE 1700	AddressLine1Txt
City	METAIRIE	CityNm
State Abbreviation	LA	StateAbbreviationCd
ZIP	70005	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	721353058	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RICHARD C ADKERSON FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	RICH	BusinessNameControlTxt
Phone	6023668377	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 310	AddressLine1Txt
City	LAPLACE	CityNm
State Abbreviation	LA	StateAbbreviationCd
ZIP	700690310	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RICHARD C ADKERSON	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	6023668377	PhoneNum
Signature	2023-10-24	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	RICHARD	PersonFirstNm
Person Last	ADKERSON	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KENNETH T FRANZ	PreparerPersonNm
PTIN	P00182200	PTIN
Phone	5048314949	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$20,931,803	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$40,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$29,568	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$29,568	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$359,164	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$359,164	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$19,241	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$2,084,391	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$19,241	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$13,437	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$13,437	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$461,410	TotalRevAndExpnssAmt
Total Net Invst Incm	$421,410	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$4,250	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$4,250	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$197,921	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$197,921	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$10	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$10	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$202,181	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$202,181	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,719,244	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,719,244	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,921,425	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$202,181	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$1,719,244	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,460,015	ExcessRevenueOverExpensesAmt
Net Investment Income	$219,229	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$126,763	CashBOYAmt
Cash EOY	$93,259	CashEOYAmt
Cash EOYFMV	$93,259	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$121,669	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$232,237	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$232,237	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$5,935	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$5,935	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$5,897	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$5,812,719	CorporateStockBOYAmt
Corporate Stock EOY	$5,812,719	CorporateStockEOYAmt
Corporate Stock EOYFMV	$18,125,240	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$748,128	CorporateBondsBOYAmt
Corporate Bonds EOY	$597,751	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$575,890	CorporateBondsEOYFMVAmt
Other Investments BOY	$3,202,720	OtherInvestmentsBOYAmt
Other Investments EOY	$1,541,479	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$1,624,741	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$0	OtherAssetsBOYAmt
Other Assets EOY	$274,539	OtherAssetsEOYAmt
Other Assets EOYFMV	$274,539	OtherAssetsEOYFMVAmt
Total Assets BOY	$10,017,934	TotalAssetsBOYAmt
Total Assets EOY	$8,557,919	TotalAssetsEOYAmt
Total Assets EOYFMV	$20,931,803	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$10,017,934	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$8,557,919	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$10,017,934	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$8,557,919	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$10,017,934	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$8,557,919	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$10,017,934	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,460,015	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$8,557,919	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$8,557,919	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
EA BRIDGEWAY BLUE CHIP	P	2022-08-31	2022-12-29	$119,417	$161,618	-$42,201	-$42,201
WCM FOCUSED INTERNATIONAL GROWTH	P	2022-12-07	2022-12-29	$631	$485	$146	$146
AT&T INC.	P	2018-03-17	2022-05-11	$50,918	$49,952	$966	$966
BRIDGEWAY BLUE CHIP	P	2019-01-07	2022-01-03	$10,000	$9,412	$588	$588
CONSTELLATION BR	P	2018-09-19	2022-06-08	$50,762	$50,615	$147	$147
EA BRIDGEWAY BLUE CHIP ETF	P	2021-12-15	2022-12-31	$734,835	$1,267,363	-$532,528	-$532,528
KRAFT FOODS GROUP	P	2018-07-31	2022-06-06	$50,000	$49,812	$188	$188
WCM FOCUSED INTERNATIONAL GROWTH	P	2020-01-01	2022-12-29	$618,687	$475,893	$142,794	$142,794
CAPITAL GAINS DIVIDENDS	P			$449,141		$449,141	$449,141

Field	Value	IRS element (for citing)
Capital Gain Net Income	$19,241	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$3,047	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$3,047	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$3,047	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$10,112	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$10,112	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$7,065	OverpaymentAmt
Applied To ES Tax	$7,065	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	LA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	TERRI LEAKE PRETLOVE	IndividualWithBooksNm
Phone	6023668377	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 310	AddressLine1Txt
City	LAPLACE	CityNm
State Abbreviation	LA	StateAbbreviationCd
ZIP	700690310	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
RICHARD C ADKERSON
1400 WEST BAR BC RANCH ROAD	JACKSON	WY	83001	TRUSTEE	0.00	$0	$0	$0
RICHARD CLARK ADKERSON
1400 WEST BAR BC RANCH ROAD	JACKSON	WY	83001	TRUSTEE	0.00	$0	$0	$0
WILLIAM TYLER ADKERSON
1400 WEST BAR BC RANCH ROAD	JACKSON	WY	83001	TRUSTEE	0.00	$0	$0	$0
ROBERT RYAN ADKERSON
1400 WEST BAR BC RANCH ROAD	JACKSON	WY	83001	TRUSTEE	0.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CHARLES SCHWAB & CO INC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	211 MAIN STREET	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94105	ZIPCd

Field	Value	IRS element (for citing)
Service Type	INVESTMENT ADVISORY FEES	ServiceTypeTxt
Compensation	$197,921	CompensationAmt

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt
Expenses1	$0	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt
Expenses1	$0	Expenses1Amt
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$21,492,954	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$346,844	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$21,839,798	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$21,839,798	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$327,597	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$21,512,201	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,075,610	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,075,610	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$3,047	TaxBasedOnInvestmentIncomeAmt
Total Tax	$3,047	TotalTaxAmt
Distributable Before Adj	$1,072,563	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$1,072,563	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$1,072,563	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,719,244	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$1,719,244	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,072,563	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$474,282	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$199,371	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$737,307	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$780,514	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$439,163	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$2,630,637	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,719,244	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$1,072,563	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$646,681	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$3,277,318	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$474,282	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$2,803,036	ExcessDistriCyovToNextYrAmt
Excess From Year4	$199,371	ExcessFromYear4Amt
Excess From Year3	$737,307	ExcessFromYear3Amt
Excess From Year2	$780,514	ExcessFromYear2Amt
Excess From Year1	$439,163	ExcessFromYear1Amt
Excess From Current Year	$646,681	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	RICHARD C ADKERSON	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (47 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
ARIZONA SCIENCE CENTER
600 E WASHINGTON ST	PHOENIX	AZ	85004	EXEMPT	GRAND CANYON EXPERIENCE	$200,000
BUREAU OF GOVERNMENTAL RESEARCH
1055 ST CHARLES AVENUE SUITE 200	NEW ORLEANS	LA	70130	EXEMPT	GENERAL PURPOSE	$25,000
CCA LOUISIANA
12241 INDUSTRIPLEX BLVD	BATON ROUGE	LA	70809	EXEMPT	GENERAL PURPOSE	$1,000
CITY OF STARKVILLE CORNERSTONE SPORTS COMPLEX
226 CORNERSTONE BLVD	STARKVILLE	MS	39759	EXEMPT	GENERAL PURPOSE	$70,000
COTTONWOOD INSTITUTE
PO BOX 7067	DENVER	CO	80207	EXEMPT	GENERAL PURPOSE	$10,000
DUCKS UNLIMITED
ONE WATERFOWL WAY	MEMPHIS	TN	381202351	EXEMPT	GENERAL PURPOSE	$10,000
FAY RANCHES COMMUNITY FOUNDATION
395 GALLATIN PARK DR	BOZEMAN	MT	59175	EXEMPT	GENERAL PURPOSE	$5,000
FLYTE
1614 E 6TH STREET ROOM 319	AUSTIN	TX	78702	EXEMPT	GENERAL PURPOSE	$10,000
GRACE HOUSE MINISTRIES
4243 EARHART BLVD	NEW ORLEANS	LA	70125	EXEMPT	GENERAL PURPOSE	$504
INTERNATIONAL COMMITTEE OF THE RED CROSS
1100 CONNECTICUT AVE NW SUITE 500	WASHINGTON	DC	20036	EXEMPT	UKRAINE RELIEF EFFORTS	$2,500
INTERNATIONAL MEDICAL CORPS
12400 WILSHIRE BLVD SUITE 1500	LOS ANGELES	CA	90025	EXEMPT	UKRAINE RELIEF EFFORTS	$31
INTERNATIONAL RESCUE COMMITTEE
440 GRAND AVENUE SUITE 500	OAKLAND	CA	94610	EXEMPT	UKRAINE RELIEF EFFORTS	$250
KOSCIUSKO FOUNDATION FOR EXCELLENCE IN EDUCATION
PO BOX 1184	KOSCIUSKO	MS	39090	EXEMPT	SKIPWORTH AUDITORIUM	$30,000
METROPOLITAN CRIME COMMISSION INC
1615 POYDRAS STREET SUITE 1060	NEW ORLEANS	LA	70112	EXEMPT	GENERAL PURPOSE	$1,000
MISSISSIPPI PUBLIC BROADCASTING
3825 RIDGEWOOD RD	JACKSON	MS	39211	EXEMPT	GENERAL PURPOSE	$5,000
MISSISSIPPI STATE - THE BULLDOG CLUB INC
PO BOX BT	MISSISSIPPI STATE	MS	39762	EXEMPT	BASEBALL FACILITY	$200,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149	MISSISSIPPI STATE	MS	39762	EXEMPT	ADKERSON ONLINE PROGRAMS FOR EXCELLENCE	$200,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149	MISSISSIPPI STATE	MS	39762	EXEMPT	PRESIDENT'S CABINET	$10,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149	MISSISSIPPI STATE	MS	39762	EXEMPT	GENERAL PURPOSE	$21,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149	MISSISSIPPI STATE	MS	39762	EXEMPT	MIKE LEACH MEMORIAL FUND	$25,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149	MISSISSIPPI STATE	MS	39762	EXEMPT	ADKERSON GRADUATE FELLOWSHIP	$20,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149	MISSISSIPPI STATE	MS	39762	EXEMPT	NABA STUDENT CHAPTER	$25,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149	MISSISSIPPI STATE	MS	39762	EXEMPT	ADKERSON ENDOWED GRADUATE FELLOWSHIP	$100,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149	MISSISSIPPI STATE	MS	39762	EXEMPT	RCA CHAIR OF ACCOUNTANCY	$200,000
MISSISSIPPI STATE UNIVERSITY FOUNDATION
PO BOX 6149	MISSISSIPPI STATE	MS	39762	EXEMPT	COMPASS SCHOLARSHIP FUND	$3,000
NATIONAL MINING HALL OF FAME & MUSEUM
120 WEST 9TH ST	LEADVILLE	CO	80461	EXEMPT	ENDOWMENT CAMPAIGN	$85,000
NATIONAL MUSEUM OF WILDLIFE ART
2820 RUNGIUS ROAD	JACKSON	WY	83002	EXEMPT	WESTERN VISIONS 2022 SPONSORSHIP	$25,000
NEW ORLEANS MUSEUM OF ART
ONE COLLINS C DIBOLL CIRCLE CITY	NEW ORLEANS	LA	70124	EXEMPT	GENERAL PURPOSE	$2,500	PARK
SAVE THE CHILDREN
PO BOX 97132	WASHINGTON	DC	200907132	EXEMPT	UKRAINE RELIEF EFFORTS	$11,108
SHADES OF PRAISE
6301 ST CHARLES AVENUE	NEW ORLEANS	LA	70118	EXEMPT	GENERAL PURPOSE	$2,500
ST MARTIN'S EPISCOPAL SCHOOL
225 GREEN ACRES RD	METAIRIE	LA	70003	EXEMPT	GENERAL PURPOSE	$1,000
TGEN FOUNDATION
445 N FIFTH STREET	PHOENIX	AZ	85004	EXEMPT	JOHN S. MCCAIN III ENDOWED CHAIR	$80,000
THE LOUISIANA MUSEUM FOUNDATION
1000 BOURBON ST B429	NEW ORLEANS	LA	70116	EXEMPT	GENERAL PURPOSE	$17,500
THE NATIONAL WORLD WAR II MUSEUM
945 MAGAZINE STREET	NEW ORLEANS	LA	701303813	EXEMPT	AMERICAN SPIRIT HONOREE SPONSORSHIP	$50,000
THE NATIONAL WORLD WAR II MUSEUM
945 MAGAZINE STREET	NEW ORLEANS	LA	701303813	EXEMPT	PATRIOTS CIRCLE MEMBERSHIP - 2022	$10,000
THE NATIONAL WORLD WAR II MUSEUM
945 MAGAZINE STREET	NEW ORLEANS	LA	701303813	EXEMPT	HIGGINS CAMPAIGN	$20,000
THE NATIONAL WORLD WAR II MUSEUM
945 MAGAZINE STREET	NEW ORLEANS	LA	701303813	EXEMPT	GENERAL PURPOSE	$200,000
THE SOULSVILLE FOUNDATION
926 E MCLEMORE AVE	MEMPHIS	TN	38106	EXEMPT	GENERAL PURPOSE	$20,000
TROUT UNLIMITED
1777 N KENT ST SUITE 100	ARLINGTON	VA	22209	EXEMPT	GENERAL PURPOSE	$10,000
TUPELO-LEE HUMANE SOCIETY
2795 CLIFF GOOKIN BLVD	TUPELO	MS	38801	EXEMPT	GENERAL PURPOSE	$1,000
UM-NSU CENTER FOR AUTISM AND RELATED DISABILITIES
5665 PONCE DE LEON	CORAL GABLES	FL	33146	EXEMPT	GENERAL PURPOSE	$1,000
US FUND FOR UNICEF
125 MAIDEN LANE	NEW YORK	NY	10038	EXEMPT	UKRAINE RELIEF EFFORTS	$1,356
UNITARIAN UNIVERSALIST SERVICE COMMITTEE INC
689 MASSACHUSETTS AVE	CAMBRIDGE	MA	02139	EXEMPT	UKRAINE RELIEF EFFORTS	$50
US FOR UNHCR
PO BOX 97114	WASHINGTON	DC	20077	EXEMPT	UKRAINE RELIEF EFFORTS	$1,640
VCPORA
PO BOX 56095	NEW ORLEANS	LA	70156	EXEMPT	2022 GALA	$2,500
VIEUX CARRE COMMISSION FOUNDATION
PO BOX 57444	NEW ORLEANS	LA	70157	EXEMPT	GENERAL PURPOSE	$2,500
WORLD CENTRAL KITCHEN
200 MASSACHUSETTS AVE NW	WASHINGTON	DC	20001	EXEMPT	UKRAINE RELIEF EFFORTS	$305

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,719,244	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$29,568	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$359,164	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$13,437	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$19,241	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$421,410	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$421,410	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	RICHARD C ADKERSON	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	1400 WEST BAR BC RANCH ROAD	AddressLine1Txt
City	JACKSON	CityNm
State Abbreviation	WY	StateAbbreviationCd
ZIP	83001	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$40,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$4,250	Amt
Net Investment Income	$4,250	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (12 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
WELLS FARGO & C 4.125% 23	$40,569	$39,719
FIFTH THIRD BANCO 4.3% 24	$50,614	$49,552
KINDER MORGAN EN 4.15% 24	$50,217	$49,239
AMERICAN TOWER CORP 5% 24	$52,815	$49,877
DIRECTV HOLDINGS 4.45% 24	$51,560	$44,250
CITIGROUP INC 4% 24	$50,010	$49,238
JPMORGAN CHASE 3.875% 24	$49,875	$48,973
OLD REPUBLIC IN 4.875% 24	$52,565	$49,586
WILLIAMS PARTNERS 3.9% 25	$49,222	$48,699
BANK OF AMERICA 3.95% 25	$49,855	$48,611
GOLDMAN SACH 4.25% 25	$50,142	$48,725
LIFE INSURANCE 4.125%24	$50,307	$49,421

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	FREEPORT-MCMORAN, INC.	StockNm
EOY Book Value	$5,812,719	EOYBookValueAmt
EOYFMV	$18,125,240	EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$5,935	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$5,897	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (4 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
VANGUARD REAL ESTATE	AT COST	$165,183	$191,354
LOOMIS SAYLES STRATEGIC	AT COST	$404,317	$380,240
AMG GW&K SMALL CAP CORE	AT COST	$330,558	$369,733
FEDERATED HERMES STRATEG	AT COST	$641,421	$683,414

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	DIVIDEND RECEIVABLE	Desc
EOY Book Value	$274,539	EOYBookValueAmt
EOYFMV	$274,539	EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	ANNUAL REPORT FEE	Desc
Revenue And Expenses Per Books	$10	RevenueAndExpensesPerBooksAmt
Net Investment Income	$10	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS	Desc
Revenue And Expenses Per Books	$13,437	RevenueAndExpensesPerBooksAmt
Net Investment Income	$13,437	NetInvestmentIncomeAmt
Adjusted Net Income	$13,437	AdjustedNetIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT ADVISORY FEES	CategoryTxt
Amt	$197,921	Amt
Net Investment Income	$197,921	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

RICHARD C ADKERSON FAMILY FOUNDATION: Form 990PF, tax year 2022

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

US Address USAddress

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (47 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Other Investment Income OtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Contributor US Address ContributorUSAddress

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (12 entries)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (4 entries)

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

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