DAVIDSON BRUCE CHARITABLE IRRV TR: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: DAVIDSON BRUCE CHARITABLE IRRV TR (EIN 20-6565366)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-05
IRS object ID: 202533099349101308
Schema version: 2024v5.0
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
Accounting Fees Schedule
Contractor Compensation Expln
Expenditure Responsibility Stmt
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-05T11:00:49-05:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	743106418	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DAN LEE & ASSOCIATES PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1355 TERRELL MILL RD SE BLDG 1474-1	AddressLine1Txt
City	MARIETTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30067	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	206565366	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DAVISON BRUCE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	DAVI	BusinessNameControlTxt
Phone	6157831446	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	40 BURTON HILLS BLVD STE 300	AddressLine1Txt
City	NASHVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37215	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CAROLYN REID	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	4044193259	PhoneNum
Signature	2025-08-07	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

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

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DANIEL C LEE	PreparerPersonNm
PTIN	P00019102	PTIN
Phone	4043719846	PhoneNum
Preparation	2025-11-04	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$32,431,869	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$195,798	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$195,798	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$550,293	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$542,738	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$1,082,442	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$8,516,242	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,082,442	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	-$2,418	OtherIncomeRevAndExpnssAmt
Total Rev And Expnss	$1,826,115	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,820,978	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$129,047	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$129,047	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$43,400	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$43,400	OthEmplSlrsWgsDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$10,466	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$10,466	AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss	$147,539	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$147,539	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$935	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$935	TaxesNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss	$127,849	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl	$127,849	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$7,181	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$466,417	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$158,940	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$300,296	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,102,200	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,102,200	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,568,617	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$158,940	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$1,402,496	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$257,498	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,662,038	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$231,967	CashBOYAmt
Cash EOY	$310,790	CashEOYAmt
Cash EOYFMV	$310,790	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$399,183	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$477,448	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$477,488	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$16,374,787	CorporateStockBOYAmt
Corporate Stock EOY	$12,590,335	CorporateStockEOYAmt
Corporate Stock EOYFMV	$23,525,265	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$4,514,041	CorporateBondsBOYAmt
Corporate Bonds EOY	$8,416,706	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$8,118,326	CorporateBondsEOYFMVAmt
Total Assets BOY	$21,519,978	TotalAssetsBOYAmt
Total Assets EOY	$21,795,279	TotalAssetsEOYAmt
Total Assets EOYFMV	$32,431,869	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$21,519,978	RetainedEarningBOYAmt
Retained Earning EOY	$21,795,279	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$21,519,978	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$21,795,279	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$21,519,978	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$21,795,279	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$21,519,978	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$257,498	ExcessRevenueOverExpensesAmt
Other Increases	$49,737	OtherIncreasesAmt
Subtotal	$21,827,213	SubtotalAmt
Other Decreases	$31,934	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$21,795,279	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
UBS 85604 - ST COV	P	2024-01-01	2024-12-31	$3,214,988	$3,126,458	$88,530	$88,530
UBS 85604 - LT COV	P	2023-01-01	2024-12-31	$1,974,181	$1,615,958	$358,223	$358,223
UBS 85888 - ST COV	P	2024-01-01	2024-12-31	$261,469	$258,156	$3,313	$3,313
UBS 85888 - LT COV	P	2023-01-01	2024-12-31	$633,557	$642,704	-$9,147	-$9,147
MORGAN STANLEY 67355 - ST COV	P	2024-01-01	2024-12-31	$33,210	$30,048	$3,162	$3,162
MORGAN STANLEY 67355 - LT COV	P	2023-01-01	2024-12-31	$2,101,070	$1,465,538	$635,532	$635,532
FS CREDIT REAL ESTATE INCOME TRST	P	2022-07-01	2024-02-29	$293,534	$294,938	-$1,404	-$1,404

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,082,442	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$95,005	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$23,102	InvestmentIncomeExciseTaxAmt
Subtotal	$23,102	SubtotalAmt
Tax Based On Investment Income	$23,102	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$16,000	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$16,000	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$685	EsPenaltyAmt
Tax Due	$7,787	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	GA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	WWW.DAVISONBRUCEFOUNDATION.ORG	WebsiteAddressTxt
Individual With Books	CUMBERLAND TRUST CO	IndividualWithBooksNm
Phone	6157831446	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	40 BURTON HILLS BLVD	AddressLine1Txt
Address Line2	STE 300	AddressLine2Txt
City	NASHVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37215	ZIPCd

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

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
CUMBERLAND TRUST CO
40 BURTON HILLS BLVD	STE 300	NASHVILLE	TN	37215	TRUSTEE	5.00	$57,047	$0	$0
CAROLYN REID
520 WHITE RD		OPELIKA	AL	36801	PRESIDENT	20.00	$45,000	$0	$0
KENDALL CLINTON
44 SATTLER RD		SPRING BRANCH	TX	78070	SECRETARY	10.00	$27,000	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)

Business Name Line2BusinessName/BusinessNameLine2Txt	Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
MORGAN STANLEY
MORGAN STANLEY	3280 PEACHTREE RD	3280 PEACHTREE RD	ATLANTA	GA	30305	INVESTMENT MGT	$74,630
UBS
UBS	1000 HARBOR BLVD	1000 HARBOR BLVD	WEEHAWKEN	NJ	07086	INVESTMENT MGMT	$72,910
CUMBERLAND
CUMBERLAND	40 BURTON HILL BLVD SUITE 300	40 BURTON HILL BLVD SUITE 300	NASHVILLE	TN	37215	TRUSTEE	$57,047

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$31,410,202	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$530,244	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$8,430	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$31,948,876	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$31,948,876	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$479,233	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$31,469,643	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,573,482	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,573,482	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$23,102	TaxBasedOnInvestmentIncomeAmt
Total Tax	$23,102	TotalTaxAmt
Distributable Before Adj	$1,550,380	DistributableBeforeAdjAmt
Distributable Before Ded	$1,550,380	DistributableBeforeDedAmt
Distributable As Adjusted	$1,550,380	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,402,496	ExpensesAndContributionsAmt
Qualifying Distributions	$1,402,496	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,550,380	DistributableAsAdjustedAmt
Undistributed Income PY	$1,286,027	UndistributedIncomePYAmt
Qualifying Distributions	$1,402,496	QualifyingDistributionsAmt
Applied To Year1	$1,286,027	AppliedToYear1Amt
Applied To Current Year	$116,469	AppliedToCurrentYearAmt
Undistributed Income CY	$1,433,911	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	DAVISON BRUCE FDN GRANTS ADMINISTRA	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	CO CUMBERLAND TRUST TRUSTEE	AddressLine1Txt
Address Line2	40 BURTON HILLS BLVD STE 300	AddressLine2Txt
City	NASHVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37215	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	6157832540	RecipientPhoneNum
Form And Info And Materials	APPLICATIONS CAN BE SUBMITTED VIA LETTER OR ONLINE AT WWW.DAVISONBRUCEFOUNDATION.ORG., SEE ATTACHED	FormAndInfoAndMaterialsTxt
Submission Deadlines	FEBRUARY 1ST	SubmissionDeadlinesTxt
Restrictions On Awards	N/A	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (52 entries)

Business Name Line2RecipientBusinessName/BusinessNameLine2Txt	Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
AGORA MINISTRIE
AGORA	1807 SAN FERNANDO	SAN ANTONIO	TX	78207	NONE	GENERAL CHARITABLE PURPOSES	$10,000
ALABAMA KIDNEY FOUNDATION
ALABAMA KIDNEY	265 RIVERCHASE PKWY 106	HOOVER	AL	35244	NONE	FIGHTS KIDNEY DISEASES	$20,000
AUBURN ASK
AUBURN ASK	1600 E GLENN AVE	AUBURN	AL	36830	NONE	GENERAL CHARITABLE PURPOSES	$1,200
BIGHOUSE INC
BIGHOUSE INC	PO BOX 230	OPELIKA	AL	36801	NONE	GENERAL CHARITABLE PURPOSES	$500
BRACKEN CHRISTIAN SCHOOL
BRACKEN CHRISTIAN SCHOOL	670 OLD BOERNE ROAD	BULVERDE	TX	78163	NONE	EDUCATION	$53,500
CRESTWOOD DAY SCHOOL
CRESTWOOD DAY SCHOOL	P O BOX 130504	BIRMINGHAM	AL	35213	NONE	EDUCATION	$52,500
EASTLAKE INITIATIVE
EASTLAKE INITIATIVE	6525 1ST AVE N	BIRMINGHAM	AL	35206	NONE	GENERAL CHARITABLE PURPOSES	$15,000
ESPERANZA HOUSE INC
ESPERANZA HOUSE INC	1103 MEMORIAL DR	ARTESIA	NM	88210	NONE	HELPING VICTIMS OF CHILD ABUSE	$40,000
EXCEPTIONAL WAY
EXCEPTIONAL WAY	1615 OXMOOR ROAD	BIRMINGHAM	AL	35209	NONE	SERVING INDIVIDUALS WITH SPECIAL NEE	$12,000
FELLOWSHIP OF CHRISTIAN ATHLETES
FELLOWSHIP OF CHRISTIAN ATHLETES	PO BOX 68	AUBURN	AL	36831	NONE	FAITH AND ATHLETICS	$10,000
FOUNDRY MINISTRIES
FOUNDRY MINISTRIES	PO BOX 824	BESSEMER	AL	35021	NONE	RECOVERY PROGRAMS FOR ADDICTS	$25,000
GRACE AUBURN CHURCH
GRACE AUBURN	720 E GLENN AVE	AUBURN	AL	36830	NONE	RELIGIOUS ORGANIZATION	$15,000
HARMONY HOUSE DOMESTIC VIOLENCE SHE
HARMONY HOUSE DOMESTIC VIOLENCE SHELTER	POX BOX 2925	LAGRANGE	GA	30241	NONE	DOMESTIC VIOLENCE SHELTER	$52,500
HOMES OF HOPE FOR CHILDREN
HOMES OF HOPE FOR CHILDREN	344 HAROLD TUCKER RD	PURVIS	MS	39475	NONE	GENERAL CHARITABLE GIVING	$65,000
IMMANUEL CHURCH
IMMANUEL CHURCH	1115 11TH ST	BIRMINGHAM	AL	35205	NONE	RELIGIOUS ORGANIZATION	$50,000
IS ABLE MINISTRIES
IS ABLE MINISTRIES	6659 PEACHTREE INDUSTRIAL	NORCROSS	GA	30092	NONE	RELIGIOUS	$10,000
KERUSSO INSTITUTE FOR GLOBAL LEADER
KERUSSO INSTITUTE FOR GLOBAL LEADERS	PO BOX 6871	MCKINNEY	TX	75071	NONE	GENERAL CHARITABLE PURPOSES	$15,000
KIDS FEEDING KIDS
KIDS FEEDING KIDS	6215 SUMMIT ST	KANSAS CITY	MO	64113	NONE	GENERAL CHARITABLE PURPOSES	$1,000
KIDS HUB CHILD ADVOCACY CENTER
KIDS HUB CHILD ADVOCACY CENTER	2052 OAK GROVE RD	HATTIESBURG	MS	39402	NONE	GENERAL CHARITABLE PURPOSE	$40,000
LEAPS
LEAPS	7777 FOREST LANE	DALLAS	TX	75230	NONE	GENERAL CHARITABLE SERVICES	$6,500
LIBERTY CME
LIBERTY CME	456 S HIGHLAND AVE	JACKSON	TN	38301	NONE	RELIGIOUS ORGANIZATION	$15,000
LIVING HOPE INTERNATIONAL
LIVING HOPE INTERNATIONAL	12700 HILLCREST RD	DALLAS	TX	75230	NONE	GENERAL CHARITABLE GIVING	$66,000	SUITE 254
MERCY MEDICAL MINISTRY
MERCY MEDICAL MINISTRY	1702 CATHERINE CT 1A	AUBURN	AL	36830	NONE	GENERAL CHARITABLE PURPOSES	$35,000
MITCHELL'S PLACE INC
MITCHELL'S PLACE	4778 OVERTON RD	BIRMINGHAM	AL	35210	NONE	GENERAL CHARITABLE PURPOSES	$12,000
NAVIGATORS
NAVIGATORS	PO BOX 6000	COLORADO SPRINGS	CO	80934	NONE	CHRISTIAN OUTREACH	$3,000
PETALS CHILDREN TASK FORCE
PETALS CHILDRENS TASK FORCE	314 S GEORGE AVE	PETAL	MS	39465	NONE	ADVOCATE FOR FAMILIES IN THE PETAL D	$39,000
SKY HIGH FOR ST JUDES
SKY HIGH FOR ST JUDES	9800 RICHMOND AVE STE 33	HOUSTON	TX	77042	NONE	SUPPORT CHILDREN WITH CHILDHOOD CANC	$25,000
SMILE A MILE
SMILE A MILE	1600 2ND AVE S	BIRMINGHAM	AL	35233	NONE	HELPING CHILDREN WITH CANCER	$40,000
SPRING VALLEY SCHOOL
SPRING VALLEY SCHOOL	2701 SYDNEY DRIVE	BIRMINGHAM	AL	35211	NONE	GENERAL CHARITABLE PURPOSES	$15,000
ST ANDREWS
ST ANDREWS	1024 12TH STREET SOUTH	BIRMIGNHAM	AL	35205	NONE	RELGIOUS ORGANIZATION	$13,500
TROUP CARES INC
TROUP CARES INC	301 MEDICAL DR	LAGRANGE	GA	30240	NONE	GENERAL CHARITABLE PURPOSE	$7,500	SUITE 501
TRUTH IN NATURE
TRUTH IN NATURE	PO BOX 1340	DOUGLASVILLE	GA	30133	NONE	MINISTRY FOR SINGLE PARENT BOYS	$30,000
TWIN CEDARS YOUTH SERVICES
TWIN CEDARS	202 NO 26TH STREET	OPELIKA	AL	36801	NONE	YOUTH AND FAMILY	$46,000
WAY 2 SERVE
WAY 2 SERVE	1310 MCCOY ST	OPELIKA	AL	36801	NONE	HELPING REBUILDING HOMES	$10,000
WOMENS HOPE MEDICAL CLINIC
WOMENS HOPE	832 STAGE RD	AUBURN	AL	36830	NONE	PREGNANCY COUNSELING	$11,500
YOUNG LIFE AUBURN OPELIKA
YOUNG LIFE AUBURN	PO BOX 1336	AUBURN	AL	36831	NONE	YOUTH LEADERSHIP PROGRAM	$20,000
YOUNG LIFE GAINESVILLE
YOUNG LIFE GAINSVILLE	PO BOX 520	COLORADO SPRINGS	CO	80901	NONE	GENERAL CHARITABLE PURPOSES	$30,000
YOUNG LIFE WEST GA
YOUNG LIFE WEST GA	926 MAPLE ST	CARROLLTON	GA	30117	NONE	GENERAL CHARITABLE PURPOSES	$25,000
SAMARITANS PURSE
SAMARITANS PURSE	PO BOX 3000	BOONE	NC	28607	NONE	HUMANITARIAN AID	$5,000
SAMFORD UNIVERSITY
SAMFORD UNIVERSITY	800 LAKESHORE DR	HOMEWOOD	AL	35226	NONE	GENERAL CHARITABLE PURPOSE	$15,000
LIFELINE'S CHILDREN'S SERVICES
LIFELINE CHILDREN'S SERVICES	11125 HOUZE RD	ROSWELL	GA	30076	NONE	ADOPTION AND FAMILY SERVICES	$25,000
BLOOD WATER MISSION
BLOOD WATER MISSION	PO BOX 60381	NASHVILLE	TN	37206	NONE	END HIV/AIDS & WATER CRISIS	$10,000
BUTTERFLY BRIDGE
BUTTERFLY BRIDGE	PO BOX 588	CLANTON	AL	35046	NONE	SUPPORT ABUSED & NEGLECTED CHILDREN	$12,500
FOUR CORNERS MINISTRIES
FOUR CORNERS MINISTRIES	202 S 8TH ST	OPELIKA	AL	36801	NONE	GENERAL CHARITABLE PURPOSE	$10,000
LIFE PASTORAL COUNSELING
LIFE PASTORAL COUNSELING	2124 MORRES MILL RD 230B	AUBURN	AL	36830	NONE	PROVIDE COUNSELING	$3,000
FEEDING THE VALLEY
FEEDING THE VALLEY	6744 FLAT ROCK RD	MIDLAND	GA	31820	NONE	FOOD ASSITANCE	$10,000
HISPANIOLA MOUNTAIN MINISTRIES
HISPANIOLA MOUNTAIN MINISTRIES	6530 DOGWOOD VIEW PKWY	JACKSON	MS	39213	NONE	GENERAL CHARITABLE	$26,000
BUNDLE OF HOPE
BUNDLE OF HOPE	1430 REV ABRAHAM WDS BLVD	BIRMINGHAM	AL	35203	NONE	ADOPTION AND FAMILY SERVICES	$10,000
MOTHERS MILK
MOTHERS MILK	5394 MARSHALL ST STE 400	ARVADA	CO	80002	NONE	PROVIDE MILK TO NEWBORN BABIES	$10,000
CRESTWOOD HEIGHTS ACADEMY
CRESTWOOD HEIGHTS ACADEMY	620 BIENVILLE LN	BIRMINGHAM	AL	35213	NONE	GENERAL CHARITABLE	$25,000
YOUNG LIFE BARROW CO
YOUNG LIFE BARROW CO	PO BOX 520	COLORADO SPRINGS	CO	80901	NONE	GENERAL CHARITABLE	$2,000
CLOCK WORK YOUTH
CLOCK WORK YOUTH	100 SOUTHERN DR	LAGRANGE	GA	30240	NONE	GENERAL CHARITABLE	$500

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,102,200	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$195,798	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$542,738	ExclusionAmt
Related Or Exempt Function Incm	$7,555	RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,078,209	ExclusionAmt
Related Or Exempt Function Incm	$4,233	RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp (10 entries)

DescDesc	Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
MORGAN STANLEY 67355	$463
CUMBERLAND	$468
PERENNIAL - ORD. LOSS	-$145
PERENNIAL - RENTAL	-$397
PERENNIAL - INTEREST	$20
PERENNIAL - LT	-$1,417
PERENNIAL - 1231 G/L	$1
PERENNIAL - OTHER PORTFOLIO	$2
PERENNIAL - NON PORT CAP GA	-$19
PERENNIAL - OTHER DEDUCTION	-$1,394

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$1,816,745	ExclusionAmt
Related Or Exempt Function Incm	$9,370	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,826,115	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
TAX PREPARATION FEES	$5,300	$5,300
LEGAL FEES	$5,166	$5,166

Contractor Compensation Expln ContractorCompensationExpln

Contractor Comp Expln ContractorCompExplnGrp (3 entries)

Business Name Line2ContractorBusinessName/BusinessNameLine2Txt	ExplanationExplanationTxt
MORGAN STANLEY
MORGAN STANLEY	INVESTMENT MANAGEMENT
UBS
UBS	INVESTMENT MANAGEMENT
CUMBERLAND
CUMBERLAND	TRUSTEE

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BRUCE FAMILY FOUNDATION	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	848 RAINWATER TRAIL	AddressLine1Txt
City	TIGER	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30576	ZIPCd

Field	Value	IRS element (for citing)
Purpose Of Grant	SCIENTIFIC, RELGIOUS, LITERARY OR EDUCATIONAL PURPOSES	PurposeOfGrantTxt
Dates Of Reports By Grantee	12/31/19	DatesOfReportsByGranteeTxt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
UBS 85888	$2,939,218	$2,980,104
UBS 67355	$5,220,663	$4,881,397
MORGAN STANLEY7355 FED HERMES GOVT	$256,825	$256,825

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
UBS FINANCIAL SERVICES 85604	$7,341,876	$10,521,466
UBS FINANCIAL SERVICES 85888	$1,167,489	$1,203,102
PERENIAL REAL ESTATE FUND	$95,603	$7,413
MORGAN STANLEY 767	$3,985,367	$11,793,284
UBS FINANCIAL SERVICES C2193

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
4TH QTR FED EST TAX PAYMENT	$16,000
2023 FEDERAL TAX BALANCE DUE	$15,934

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
OTHER EXPENSES	$7,181

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (10 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
MORGAN STANLEY 67355	$463
CUMBERLAND	$468
PERENNIAL - ORD. LOSS	-$145
PERENNIAL - RENTAL	-$397
PERENNIAL - INTEREST	$20
PERENNIAL - LT	-$1,417
PERENNIAL - 1231 G/L	$1
PERENNIAL - OTHER PORTFOLIO	$2
PERENNIAL - NON PORT CAP GAIN	-$19
PERENNIAL - OTHER DEDUCTIONS	-$1,394

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	ADJ TO COST BASIS & ACCRUALS PER STATEMENTS	Desc
Amt	$49,737	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
UBS INVESTMENT MGT FEES 85604	$52,364	$52,364
UBS INVESTMENT MGMENT FEES 8588	$20,545	$20,545
MORGAN STANLEY INV MGT FEE 6735	$74,630	$74,630

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	UBS - 604 - FOR TAX	CategoryTxt
Amt	$935	Amt
Net Investment Income	$935	NetInvestmentIncomeAmt