2025-02-28T05:11:40-06:00 2023-12-31 861065772 DELOITTE TAX LLP 1230 PEACHTREE STREET NE SUITE 3100 ATLANTA GA 30309 990PF 2023-01-01 274452110 MASTERS TOURNAMENT FOUNDATION INC MAST 7067293800 PO BOX 2444 AUGUSTA GA 30903 KELLY FLANAGAN OFFICER 7067293800 2025-02-27 1 0 ANDREW K MAUDE P00706613 4042201500 2025-02-27 2023 2025-03-06 01:10:19Z X 81750090 X 10762831 1902302 1902302 -95558 5963776 0 19956695 3306695 19956695 32526270 5208997 19956695 0 0 0 0 337228 0 337228 0 50753 0 50753 0 5370 0 5370 0 1382522 162272 1220250 0 26180 20690 21180 0 3572030 0 3572030 0 65461 0 65461 0 16467212 3286005 14684423 1782789 21906756 3468967 19956695 1782789 498000 498000 22404756 3468967 19956695 2280789 10121514 1740030 0 28167617 33964484 33964484 8785033 4612505 8785033 8785033 350167 334912 334912 76715 143363 143363 3500475 3195951 3195951 10241295 15323052 15323052 13421661 13136586 13136586 3965729 4169532 4169532 3046168 2697177 2697177 67382332 81750090 81750090 1719955 3537645 14915287 15549910 16635242 19087555 X 41625387 50899887 9121703 11762648 50747090 62662535 67382332 81750090 50747090 10121514 1793931 62662535 0 62662535 PUBLICLY TRADED SECURITIES-ST P 2828878 2846982 -18104 -18104 PUBLICLY TRADED SECURITIES-LT P 3025024 3212352 -187328 -187328 CAPITAL GAIN DISTRIBUTIONS P 109874 109874 109874 -95558 24186 0 24186 0 24186 21755 0 10000 0 31755 0 7569 7569 0 0 0 0 0 0 0 0 0 0 0 1 1 GA 1 0 0 1 1 1 N/A KELLY FLANAGAN 7067293800 PO BOX 2444 AUGUSTA GA 30903 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 FRED S RIDLEY PO BOX 2444 AUGUSTA GA 30903 DIRECTOR 1.00 0 0 0 S TAYLOR GLOVER PO BOX 2444 AUGUSTA GA 30903 PRESIDENT AND CEO 2.00 0 0 0 ROBERT L JOHNSTON PO BOX 2444 AUGUSTA GA 30903 SECRETARY AND TREASURER 2.00 0 0 0 W PATRICK BATTLE PO BOX 2444 AUGUSTA GA 30903 DIRECTOR 1.00 0 0 0 CRAIG L HEATLEY PO BOX 2444 AUGUSTA GA 30903 DIRECTOR 1.00 0 0 0 EDWARD D HERLIHY PO BOX 2444 AUGUSTA GA 30903 DIRECTOR 1.00 0 0 0 TERENCE F MCGUIRK PO BOX 2444 AUGUSTA GA 30903 DIRECTOR 1.00 0 0 0 BRIAN L ROBERTS PO BOX 2444 AUGUSTA GA 30903 DIRECTOR 1.00 0 0 0 LEE J STYSLINGER III PO BOX 2444 AUGUSTA GA 30903 DIRECTOR 1.00 0 0 0 THOMAS C NELSON PO BOX 2444 AUGUSTA GA 30903 DIRECTOR 1.00 0 0 0 KESSEL D STELLING JR PO BOX 2444 AUGUSTA GA 30903 DIRECTOR 1.00 0 0 0 NONE 0 NBC UNIVERSAL MEDIA LLC PO BOX 402971 ATLANTA GA 303842971 MEDIA 2557516 BROADCAST SERVICES INTERNATIONAL 5311 JOHN LUCAS DRIVE UNIT 1 BURLINGTON ONTARIO CA L7L6A8 MEDIA 956901 IMG MEDIA LTD BUILDING 6 CHISWICK PARK 566 CHISWICK HIGH ROAD CHISWICK LONDON UK W4 5HR MEDIA 507150 IBM CORPORATION 1 NORTH CASTLE DRIVE ARMONK NY 10504 MEDIA 475914 SPORTSMEDIA TECHNOLOGY CORPORATION 3511 UNIVERSITY DRIVE DURHAM NC 27707 MEDIA 368360 39 ASIA PACIFIC AMATEUR CHAMPIONSHIP "APAC"THE MTF JOINTLY FUNDS AND OVERSEES THE MANAGEMENT OF THE APAC, AN AMATEAUR GOLF EVENT AIMED AT STIMULATING GROWTH AND INSPIRING GREATER INTEREST IN THE GAME THROUGHOUT THE ASIA- PACIFIC REGION. MTF PROVIDES FUNDS FOR TRAVEL EXPENDITURES, ENTRY FEES, AND OTHER COSTS ASSOCIATED WITH PARTICIPATION IN THE TOURNAMENT FOR AMATEUR GOLFERS. 5182503 DRIVE, CHIP, AND PUTT CHAMPIONSHIP "DCP"THE MTF JOINTLY FUNDS AND OVERSEES THE MANAGEMENT OF THE DCP, WHICH GIVES BOYS AND GIRLS AN OPPORTUNITY TO TEST THEIR SKILLS IN A FREE NATIONWIDE JUNIOR GOLF DEVELOPMENT COMPETITION AIMED AT GROWING THE GAME OF GOLF. MTF PROVIDES FUNDS FOR TRAVEL EXPENDITURES, ENTRY FEES, AND OTHER COSTS ASSOCIATED WITH PARTICIPATION IN THE TOURNAMENT FOR AMATEUR GOLFERS. 2985242 LATIN AMERICAN AMATEUR CHAMPIONSHIP "LAAC"THE MTF JOINTLY FUNDS AND OVERSEES THE MANGEMENT OF THE LAAC, AN AMATEUR GOLF EVENT AIMED AT STIMULATING GROWTH AND INSPIRING GREATER INTEREST IN THE GAME THROUGHOUT SOUTH AMERICA, CENTRAL AMERICA, MEXICO, AND THE CARIBBEAN. MTF PROVIDES FUNDS FOR TRAVEL EXPENDITURES, ENTRY FEES, AND OTHER COSTS ASSOCIATED WITH PARTICIPATION IN THE TOURNAMENT FOR AMATEUR GOLFERS. 4954644 AUGUSTA NATIONAL WOMEN'S AMATEUR "ANWA"THE MTF FUNDS AND OVERSEES THE MANAGEMENT OF THE ANWA, AN AMATEUR GOLF EVENT AIMED AT STIMULATING GROWTH AND INSPIRING GREATER INTEREST IN WOMEN'S GOLF. MTF PROVIDES FUNDS FOR TRAVEL EXPENDITURES, ENTRY FEES, AND OTHER COSTS ASSOCIATED WITH PARTICIPATION IN THE TOURNAMENT FOR AMATEUR GOLFERS. 8067959 0 34345796 29824774 0 64170570 0 0 64170570 962559 63208011 3160401 3160401 24186 24186 3136215 0 3136215 0 3136215 2280789 0 2280789 3136215 0 0 11194675 18217113 15019366 11609685 16086540 72127379 2280789 0 0 0 2280789 0 855426 855426 71271953 0 0 0 0 0 0 10339249 60932704 18217113 15019366 11609685 16086540 X CAF AMERICA 1800 DIAGONAL ROAD SUITE 150 ALEXANDRIA VA 22314 NONE PC FOSTER SPORT OF GOLF 108000 FIRST TEE OF AUGUSTA 3165 DAMASCUS ROAD AUGUSTA GA 30909 NONE PC FOSTER SPORT OF GOLF 100000 PGA FOUNDATION INC DBA PGA REACH 1916 PGA PKWY FRISCO TX 75033 NONE PC FOSTER SPORT OF GOLF 100000 THE ENVIRONMENTAL INSTITUTE FOR GOLF 1421 RESEARCH PARK DRIVE LAWRENCE KS 66049 NONE PC FOSTER SPORT OF GOLF 15000 THE GEORGIA GOLF ENVIRONMENTAL FOUNDATION INC 15 DEPOT ST HARTWELL GA 30643 NONE PC FOSTER SPORT OF GOLF 25000 WORLD GOLF FOUNDATION 1 WORLD GOLF PLACE ST AUGUSTINE FL 32092 NONE PC FOSTER SPORT OF GOLF 150000 498000 0 14 1902302 18 -95558 BROADCASTING REVENUE 15 3306695 TOURNAMENT REVENUE 42 16650000 0 5113439 16650000 21763439 11B SEE PART VIII-A AND STATEMENTS 16-19 FOR A DESCRIPTION OF THE FOUNDATION'S DIRECT CHARITABLE ACTIVITIES. 0 0 0 0 0 0 0 0 0 0 X X 1 AUGUSTA NATIONAL INC 2604 WASHINGTON ROAD AUGUSTA GA 30904 7000000 X 2 JOHN S PO BOX 2444 AUGUSTA GA 30903 15000 X 3 THE TORO FOUNDATION 8111 LYNDALE AVE S SOUTH BLOOMINGDALE MN 554201196 10000 X 4 PHILLIPE L PO BOX 2444 AUGUSTA GA 30903 10000 X 5 MICHAEL W PO BOX 2444 AUGUSTA GA 30903 125000 X 6 PETER Z PO BOX 2444 AUGUSTA GA 30903 100000 X 7 STEVEN S PO BOX 2444 AUGUSTA GA 30903 99768 X 8 TELE-PLANNING INTERNATIONAL PO BOX 2444 AUGUSTA GA 30903 50000 X 9 PETER W PO BOX 2444 AUGUSTA GA 30903 25000 X 10 BROAD PINE INVESTMENTS 3348 PEACHTREE ROAD NE STE 1000 ATLANTA GA 30326 150000 X 11 KOHLER COMPANY 444 HIGHLAND DRIVE MS 321 KOHLER WI 53044 100000 X 7 233 SHARES RPM, 419 SHARES TD, 101 SHARES AJG, 168 SHARES CHKP 99768 2023-12-01 JAPAN GOLF TOUR ORGANIZATION AKASAKA HABITATION BUILDING 5F 1-3-5 AKASAKA MINA TOKYO JA 2020-07-24 750000 TO SUPPORT THE GAME OF AMATEUR GOLF THROUGH THE FOSTERING OF THE GRANTEE'S SPORTS COMPETITIONS. 750000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 07/02/2021,09/04/2023, 08/13/2024 2024-08-13 THE FOLLOWING INFORMATION IS PROVIDED IN ACCORDANCE WITH IRC SEC. 4945(H)(3) AND REG. 53.4945-5(D) TO DEMONSTRATE THAT THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY IN REGARD TO THIS GRANT. THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. ABBOTT LABORATORIES 2.95% 15 MAR 2025 254672 254672 ALPHABET INC 1.998% 15 AUG 2026 70828 70828 AMGEN INC 2% 15 JAN 2032 312405 312405 ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.75% 23 JAN 2029 412672 412672 APPLE INC 1.65% 11 MAY 2030 708936 708936 AT&T INC 4.3% 15 FEB 2030 210858 210858 BANK OF AMERICA CORP 4.125% 11150 11150 BANK OF AMERICA CORP 7.25% 72317 72317 CITIGROUP INC 3.75% 16 JUN 2024 89234 89234 COCA-COLA CO/THE 2.25% 05 JAN 2032 635005 635005 COMCAST CORP 3.15% 15 FEB 2028 152507 152507 CONOCOPHILLIPS HOLDING CO 6.95% 15 APR 2029 640229 640229 COUSINS PROPERTIES INCDOMESTIC EQUITY 31095 31095 EMERGING MKTS DEBT FUND (SITEX) 377923 377923 EXXON MOBIL CORP 3.043% 01 MAR 2026 137007 137007 GILEAD SCIENCES INC 2.95% 01 MAR 2027 306086 306086 GILEAD SCIENCES INC 3.65% 01 MAR 2026 322325 322325 GOLDMAN SACHS GROUP INC/THE 3.5% 23 JAN 2025 454146 454146 HIGH YIELD BOND FUND (SHYAX) 767125 767125 HOST HOTELS & RESORTS INCDOMESTIC EQUITY 56074 56074 HUNTINGTON BANCSHARES INC/OH 4.5% 24661 24661 INTERNATIONAL BUSINESS MACHINES CORP 3.625% 12FEB 2024 26934 26934 INVITATION HOMES INCDOMESTIC EQUITY 69891 69891 JOHNSON & JOHNSON 2.45% 01 MAR 2026 203959 203959 JOHNSON & JOHNSON 2.95% 03 MAR 2027 344095 344095 PMORGAN CHASE & CO 3.125% 23 JAN 2025 149803 149803 JPMORGAN CHASE & CO 4.55% 14248 14248 KEYCORP VARIABLE 6.2% 22533 22533 KKR & CO INCDOMESTIC EQUITY 15493 15493 M&T BANK CORP VARIABLE 5.625% 11178 11178 MASTERCARD INC 1.9% 15 MAR 2031 24781 24781 MEDICAL PROPERTIES TRUST INCDOMESTIC EQUITY 7085 7085 MICROSOFT CORP 3.3% 06 FEB 2027 457747 457747 MORGAN STANLEY 4.25% 14322 14322 MORGAN STANLEY 6.5% 7040 7040 MORGAN STANLEY VARIABLE 3.591% 22 JUL 2028 334124 334124 MORGAN STANLEY VARIABLE 6.375% 6512 6512 NORTHROP GRUMMAN CORP 3.25% 15 JAN 2028 606098 606098 PEPSICO INC 2.375% 06 OCT 2026 309855 309855 PROCTER & GAMBLE CO/THE 2.85% 11 AUG 2027 20106 20106 PRUDENTIAL FINANCIAL INC 5.95% 01/09/2062 7143 7143 PUBLIC STORAGE 3.875% 20279 20279 PUBLIC STORAGE 4.7% 10930 10930 PUBLIC STORAGE 4.75% 22229 22229 REAL RETURN FUND (SRAAX) 1686926 1686926 REGIONS FINANCIAL CORP 4.45% 15034 15034 SHELL INTERNATIONAL FINANCE BV 3.25% 11 MAY 2025 196089 196089 STIFEL FINANCIAL CORP 6.25% 13975 13975 TOTALENERGIES CAPITAL INTERNATIONAL SA 3.455% 19FEB 2029 97502 97502 UNITED STATES TREASURY NOTE/BOND 1.125% 15 FEB 636064 636064 UNITED STATES TREASURY NOTE/BOND 1.875% 15 FEB 636200 636200 UNITED STATES TREASURY NOTE/BOND 2.875% 15 AUG 110054 110054 US BANCORP 4% 23249 23249 WALT DISNEY CO/THE 2.65% 13 JAN 2031 676342 676342 WELLS FARGO & CO 4.7% 17123 17123 WELLS FARGO & CO 7.5% 71737 71737 EQUITABLE HOLDINGS INC 4.3% 9903 9903 EQUITABLE HOLDINGS INC 5.25% 12088 12088 GOLDMAN SACHS GROUP INC PREFERRED SERIES D CALLABLE 13698 13698 HUNTINGTON BANCSHARES INC/OH VARIABLE 6.875% 19861 19861 PREMIER INCDOMESTIC EQUITY 2415 2415 PROVIDENT FINANCIAL HOLDINGS INCDOMESTIC EQUITY 2862 2862 QUALCOMM INC 2.9% 20 MAY 2024 109939 109939 VERISK ANALYTICS INCDOMESTIC EQUITY 16004 16004 VISA INCDOMESTIC EQUITY 15881 15881 ABBOTT LABORATORIES DOMESTIC EQUITY 3963 3963 ABBVIE INC DOMESTIC EQUITY 105070 105070 ACCENTURE PLC INTERNATIONAL EQUITY 42811 42811 AFFILIATED MANAGERS GROUP INC 4.75% 30 SEP 2060 16505 16505 AFFILIATED MANAGERS GROUP INC 5.875% 30 MAR 2059 6218 6218 AGILENT TECHNOLOGIES INC DOMESTIC EQUITY 8203 8203 ALEXANDRIA REAL ESTATE EQUITIES INC DOMESTIC EQUITY 58568 58568 ALGONQUIN POWER & UTILITIES CORP VARIABLE 6.2% 01/07/2079 13030 13030 ALLSTATE CORP/THE 5.1% 44265 44265 ALPHABET INC DOMESTIC EQUITY 37430 37430 ALTRIA GROUP INC DOMESTIC EQUITY 66077 66077 AMAZON.COM INC DOMESTIC EQUITY 13523 13523 AMDOCS LTDINTERNATIONAL EQUITY 49043 49043 AMERICAN FINANCIAL GROUP INC/OH 5.125% 15 DEC 2059 12238 12238 AMERICAN FINANCIAL GROUP INC/OH 5.625% 01/06/2060 6155 6155 AMERICAN HOMES 4 RENT DOMESTIC EQUITY 12694 12694 AMERICAN INTERNATIONAL GROUP INC 5.85% 31375 31375 AMERICAN TOWER CORP DOMESTIC EQUITY 89158 89158 AMERIPRISE FINANCIAL INC DOMESTIC EQUITY 65711 65711 AMGEN INC DOMESTIC EQUITY 35714 35714 AMPHENOL CORP DOMESTIC EQUITY 20421 20421 ANALOG DEVICES INC DOMESTIC EQUITY 47654 47654 AON PLC DOMESTIC EQUITY 20953 20953 APPLE INC DOMESTIC EQUITY 198498 198498 ARCH CAPITAL GROUP LTD 5.45% 26226 26226 ASE TECHNOLOGY HOLDING CO LTD INTERNATIONAL EQUITY 19667 19667 AT&T INC 4.75% 33146 33146 AT&T INC 5% 32367 32367 AUTOMATIC DATA PROCESSING INC DOMESTIC EQUITY 74550 74550 AUTOZONE INC DOMESTIC EQUITY 7757 7757 AVALONBAY COMMUNITIES INC DOMESTIC EQUITY 55979 55979 BAE SYSTEMS PLC INTERNATIONAL EQUITY 43248 43248 BAKER HUGHES CO DOMESTIC EQUITY 33086 33086 BANK OF AMERICA CORP DOMESTIC EQUITY 43838 43838 BANK OF AMERICA CORP 4.375% 17282 17282 BANK OF AMERICA CORP 5% 12078 12078 BCE INCINTERNATIONAL EQUITY 18272 18272 BERKSHIRE HATHAWAY INC DOMESTIC EQUITY 19616 19616 BERRY GLOBAL GROUP INC DOMESTIC EQUITY 13950 13950 BEST BUY CO INC DOMESTIC EQUITY 43289 43289 BLACKSTONE INC DOMESTIC EQUITY 57867 57867 BHP GROUP LTD INTERNATIONAL EQUITY 21449 21449 BOOZ ALLEN HAMILTON HOLDING CORP DOMESTIC EQUITY 13558 13558 BOSTON PROPERTIES INC DOMESTIC EQUITY 48417 48417 BOX INC DOMESTIC EQUITY 8887 8887 BRISTOL-MYERS SQUIBB CO DOMESTIC EQUITY 44024 44024 BRITISH AMERICAN TOBACCO PLC INTERNATIONAL EQUITY 16080 16080 BRIXMOR PROPERTY GROUP INC DOMESTIC EQUITY 51683 51683 BROADCOM INC DOMESTIC EQUITY 75905 75905 BROWN & BROWN INC DOMESTIC EQUITY 3982 3982 CADENCE DESIGN SYSTEMS INC DOMESTIC EQUITY 21790 21790 CAMDEN PROPERTY TRUST DOMESTIC EQUITY 35447 35447 CAMPBELL SOUP CO DOMESTIC EQUITY 34108 34108 CAPITAL ONE FINANCIAL CORP 4.8% 25402 25402 CAPITAL ONE FINANCIAL CORP 5% 15738 15738 CASEY'S GENERAL STORES INC DOMESTIC EQUITY 20331 20331 CBOE GLOBAL MARKETS INC DOMESTIC EQUITY 19820 19820 CH ROBINSON WORLDWIDE INC DOMESTIC EQUITY 6306 6306 CHARLES SCHWAB CORP/THE 4.45% 21665 21665 CHEVRON CORP DOMESTIC EQUITY 27595 27595 CHUBB LTD INTERNATIONAL EQUITY 53110 53110 CHURCH & DWIGHT CO INC DOMESTIC EQUITY 19479 19479 CIE DE SAINT-GOBAIN SA INTERNATIONAL EQUITY 17390 17390 CIRRUS LOGIC INC DOMESTIC EQUITY 18385 18385 CISCO SYSTEMS INC DOMESTIC EQUITY 74719 74719 CISCO SYSTEMS INC 3.625% 04 MAR 2024 656871 656871 CITIZENS FINANCIAL GROUP INC 5% 26606 26606 CITIZENS FINANCIAL GROUP INC VARIABLE 6.35% 29040 29040 CLOROX CO/THE DOMESTIC EQUITY 39925 39925 CMS ENERGY CORP 5.625% 15 MAR 2078 27840 27840 CMS ENERGY CORP 5.875% 01/03/2079 45445 45445 COCA-COLA CO/THE DOMESTIC EQUITY 15675 15675 COCA-COLA FEMSA SAB DE CV INTERNATIONAL EQUITY 32367 32367 COLGATE-PALMOLIVE CO DOMESTIC EQUITY 17058 17058 COMCAST CORP DOMESTIC EQUITY 62355 62355 COMMVAULT SYSTEMS INCDOMESTIC EQUITY 17647 17647 CONAGRA BRANDS INCDOMESTIC EQUITY 11521 11521 COSTCO WHOLESALE CORPDOMESTIC EQUITY 39605 39605 CUBESMART DOMESTIC EQUITY 21506 21506 CUMMINS INCDOMESTIC EQUITY 36654 36654 CVS HEALTH CORPDOMESTIC EQUITY 63642 63642 DANAHER CORPDOMESTIC EQUITY 3470 3470 DAVITA INCDOMESTIC EQUITY 7333 7333 DEUTSCHE POST AGINTERNATIONAL EQUITY 27053 27053 DIAMONDROCK HOSPITALITY CODOMESTIC EQUITY 15756 15756 DIGITAL REALTY TRUST INCDOMESTIC EQUITY 100800 100800 DIGITAL REALTY TRUST INC 5.2% 15395 15395 DNB BANK ASAINTERNATIONAL EQUITY 19024 19024 DOLBY LABORATORIES INCDOMESTIC EQUITY 22234 22234 DOLLAR GENERAL CORPDOMESTIC EQUITY 4486 4486 DOUGLAS EMMETT INCDOMESTIC EQUITY 16545 16545 DOW INCDOMESTIC EQUITY 22484 22484 DTE ENERGY CO 4.375% 01/12/2081 9507 9507 DTE ENERGY CO 5.25% 01/12/2077 14731 14731 DUKE ENERGY CORPDOMESTIC EQUITY 14265 14265 DUKE ENERGY CORP 5.75% 45384 45384 EBAY INCDOMESTIC EQUITY 17884 17884 ELECTRONIC ARTS INCDOMESTIC EQUITY 29961 29961 ELEVANCE HEALTH INCDOMESTIC EQUITY 16505 16505 EVEREST RE GROUP LTD DOMESTIC EQUITY 6011 6011 EXELIXIS INCDOMESTIC EQUITY 24974 24974 EXPEDITORS INTERNATIONAL OF WASHINGTON INCDOMESTIC EQUITY 7759 7759 EXTRA SPACE STORAGE INCDOMESTIC EQUITY 126661 126661 FIFTH THIRD BANCORP 4.95% 41828 41828 FIRST FINANCIAL CORP/INDOMESTIC EQUITY 11231 11231 FIRST FINANCIAL NORTHWEST INC DOMESTIC EQUITY 472 472 FIRST HORIZON CORP 4.7% 5218 5218 FIRST INDUSTRIAL REALTY TRUST INCDOMESTIC EQUITY 66733 66733 FLOWERS FOODS INCDOMESTIC EQUITY 24671 24671 FOX CORPDOMESTIC EQUITY 4922 4922 FTI CONSULTING INCDOMESTIC EQUITY 3186 3186 GENERAL DYNAMICS CORPDOMESTIC EQUITY 15580 15580 GENERAL MILLS INCDOMESTIC EQUITY 27815 27815 GENERAL MOTORS FINANCIAL CO INC 2.35% 08 JAN 2031 239278 239278 GENTEX CORPDOMESTIC EQUITY 8622 8622 GILEAD SCIENCES INCDOMESTIC EQUITY 57598 57598 GOLDMAN SACHS GROUP INC/THE VARIABLE 6.375% 13140 13140 GRACO INCDOMESTIC EQUITY 20042 20042 GRAHAM HOLDINGS CODOMESTIC EQUITY 4179 4179 GRAND CANYON EDUCATION INCDOMESTIC EQUITY 43573 43573 HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INCDOMESTIC EQUITY 16769 16769 HANOVER INSURANCE GROUP INC/THEDOMESTIC EQUITY 8499 8499 HEALTHPEAK PROPERTIES INCDOMESTIC EQUITY 73656 73656 HEALTHSTREAM INCDOMESTIC EQUITY 16380 16380 HERSHEY CO/THEDOMESTIC EQUITY 17898 17898 HIGHWOODS PROPERTIES INCDOMESTIC EQUITY 10332 10332 HOLOGIC INCDOMESTIC EQUITY 14433 14433 HOME DEPOT INC/THEDOMESTIC EQUITY 51289 51289 HONEYWELL INTERNATIONAL INCDOMESTIC EQUITY 14260 14260 HORMEL FOODS CORPDOMESTIC EQUITY 4849 4849 HUMANA INCDOMESTIC EQUITY 27469 27469 HUNTINGTON INGALLS INDUSTRIES INCDOMESTIC EQUITY 24406 24406 IBERDROLA SAINTERNATIONAL EQUITY 12810 12810 INCYTE CORPDOMESTIC EQUITY 37988 37988 INTERCONTINENTAL EXCHANGE INCDOMESTIC EQUITY 16182 16182 INTERNATIONAL BUSINESS MACHINES CORPDOMESTIC EQUITY 20444 20444 ISHARES CORE MSCI EMERGING MARKETS ETFINTERNATIONAL EQUITY 105055 105055 ISHARES CORE MSCI INTERNATIONAL DEVELOPED MARKETS ETFINTERNATIONAL EQUITY 218927 218927 JOHNSON & JOHNSONDOMESTIC EQUITY 15987 15987 JPMORGAN CHASE & CODOMESTIC EQUITY 90493 90493 JPMORGAN CHASE & CO 4.75% 35888 35888 JPMORGAN CHASE & CO 5.75% 13550 13550 JPMORGAN CHASE & CO 6% 20501 20501 JUNIPER NETWORKS INCDOMESTIC EQUITY 18484 18484 KEURIG DR PEPPER INCDOMESTIC EQUITY 27122 27122 KEYCORP 5.65% 22535 22535 KEYCORP VARIABLE 6.125% 22684 22684 KILROY REALTY CORPDOMESTIC EQUITY 26613 26613 KIMBERLY-CLARK CORPDOMESTIC EQUITY 25760 25760 KINDER MORGAN INCDOMESTIC EQUITY 48986 48986 LANDSTAR SYSTEM INCDOMESTIC EQUITY 33889 33889 LEIDOS HOLDINGS INCDOMESTIC EQUITY 5087 5087 LOCKHEED MARTIN CORPDOMESTIC EQUITY 39432 39432 LOWE'S COS INCDOMESTIC EQUITY 36721 36721 MADISON SQUARE GARDEN SPORTS CORPDOMESTIC EQUITY 8364 8364 MANPOWERGROUP INCDOMESTIC EQUITY 9219 9219 MARAVAI LIFESCIENCES HOLDINGS INCDOMESTIC EQUITY 3609 3609 MARKETAXESS HOLDINGS INCDOMESTIC EQUITY 2636 2636 MARSH & MCLENNAN COS INCDOMESTIC EQUITY 18947 18947 MCDONALD'S CORPDOMESTIC EQUITY 73238 73238 MCKESSON CORPDOMESTIC EQUITY 9723 9723 MEDTRONIC PLCINTERNATIONAL EQUITY 56430 56430 MERCK & CO INCDOMESTIC EQUITY 126354 126354 METLIFE INC 4.75% 38536 38536 MICROSOFT CORPDOMESTIC EQUITY 211334 211334 MONDELEZ INTERNATIONAL INCDOMESTIC EQUITY 21657 21657 MORGAN STANLEYDOMESTIC EQUITY 24898 24898 MORGAN STANLEY 4.875% 25854 25854 MORGAN STANLEY VARIABLE 5.85% 16518 16518 MORGAN STANLEY VARIABLE 6.875% 6605 6605 MSC INDUSTRIAL DIRECT CO INCDOMESTIC EQUITY 15392 15392 MURPHY USA INCDOMESTIC EQUITY 21394 21394 NATIONAL FUEL GAS CODOMESTIC EQUITY 5519 5519 NESTLE SAINTERNATIONAL EQUITY 26942 26942 NETAPP INCDOMESTIC EQUITY 18337 18337 NEUROCRINE BIOSCIENCES INCDOMESTIC EQUITY 28592 28592 NEW YORK COMMUNITY BANCORP INC VARIABLE 6.375% 5849 5849 NEWMARKET CORPDOMESTIC EQUITY 31112 31112 NEXTERA ENERGY CAPITAL HOLDINGS INC 5.65% 01/03/2079 13179 13179 NORTHERN TRUST CORP 4.7% 19761 19761 NOVARTIS AGINTERNATIONAL EQUITY 74516 74516 O'REILLY AUTOMOTIVE INCDOMESTIC EQUITY 31353 31353 OMEGA HEALTHCARE INVESTORS INCDOMESTIC EQUITY 31825 31825 ORACLE CORPDOMESTIC EQUITY 20243 20243 PEPSICO INCDOMESTIC EQUITY 20041 20041 PFIZER INCDOMESTIC EQUITY 30805 30805 PRESTIGE CONSUMER HEALTHCARE INCDOMESTIC EQUITY 17754 17754 PROCTER & GAMBLE CO/THEDOMESTIC EQUITY 93199 93199 PRUDENTIAL FINANCIAL INC 4.125% 01/09/2060 34174 34174 PRUDENTIAL FINANCIAL INC 5.625% 15 AUG 2058 7014 7014 PUBLIC STORAGE DOMESTIC EQUITY 88450 88450 PUBLIC STORAGE 4.625% 29411 29411 PUBLIC STORAGE 4.875% 12471 12471 PUBLIC STORAGE 5.6% 16361 16361 QUALCOMM INC DOMESTIC EQUITY 6798 6798 REGENERON PHARMACEUTICALS INC DOMESTIC EQUITY 24592 24592 REGIONS FINANCIAL CORP VARIABLE 5.7% 10868 10868 REGIONS FINANCIAL CORP VARIABLE 6.375% 5990 5990 RETAIL OPPORTUNITY INVESTMENTS CORP DOMESTIC EQUITY 25647 25647 REXFORD INDUSTRIAL REALTY INC DOMESTIC EQUITY 66815 66815 REYNOLDS CONSUMER PRODUCTS INC DOMESTIC EQUITY 6066 6066 RIO TINTO PLC INTERNATIONAL EQUITY 23604 23604 ROLLINS INCDOMESTIC EQUITY 16682 16682 ROPER TECHNOLOGIES INCDOMESTIC EQUITY 17991 17991 ROYAL GOLD INCDOMESTIC EQUITY 9072 9072 RPT REALTYDOMESTIC EQUITY 17705 17705 S&P 500 INDEX FUND (SSPIX)DOMESTIC EQUITY 1193540 1193540 SBA COMMUNICATIONS CORPDOMESTIC EQUITY 21817 21817 SCHNEIDER NATIONAL INCDOMESTIC EQUITY 4479 4479 SCHWAB U.S. LARGE-CAP GROWTH ETFDOMESTIC EQUITY 347271 347271 SCHWAB U.S. LARGE-CAP VALUE ETFDOMESTIC EQUITY 317062 317062 SIEMENS AGINTERNATIONAL EQUITY 40877 40877 SILGAN HOLDINGS INCDOMESTIC EQUITY 5249 5249 SIMON PROPERTY GROUP INCDOMESTIC EQUITY 97851 97851 SKYWORKS SOLUTIONS INCDOMESTIC EQUITY 5059 5059 SMURFIT KAPPA GROUP PLCINTERNATIONAL EQUITY 15535 15535 SOFTBANK CORPINTERNATIONAL EQUITY 22371 22371 SONIC HEALTHCARE LTDINTERNATIONAL EQUITY 13790 13790 SOUTHERN CO/THE 4.2% 15 OCT 2060 11731 11731 SOUTHERN CO/THE 4.95% 30 JAN 2080 12611 12611 SPIRE INC 5.9% 6740 6740 SSR MINING INCINTERNATIONAL EQUITY 6510 6510 STATE STREET CORP VARIABLE 5.35% 13538 13538 STIFEL FINANCIAL CORP 6.125% 6936 6936 SUN COMMUNITIES INCDOMESTIC EQUITY 80725 80725 SVENSKA HANDELSBANKEN ABINTERNATIONAL EQUITY 3163 3163 SYNOPSYS INCDOMESTIC EQUITY 26260 26260 TARGET CORPDOMESTIC EQUITY 39166 39166 TERADATA CORPDOMESTIC EQUITY 6091 6091 TESCO PLCINTERNATIONAL EQUITY 2634 2634 TEXAS ROADHOUSE INCDOMESTIC EQUITY 8067 8067 TOTALENERGIES SEINTERNATIONAL EQUITY 23920 23920 TOYOTA MOTOR CORPINTERNATIONAL EQUITY 19988 19988 TRAVELERS COS INC/THEDOMESTIC EQUITY 20192 20192 TRUIST FINANCIAL CORP 4.75% 35270 35270 TRUIST FINANCIAL CORP 5.25% 33879 33879 UDR INC DOMESTIC EQUITY 78188 78188 UNILEVER PLC INTERNATIONAL EQUITY 40626 40626 UNITED OVERSEAS BANK LTD INTERNATIONAL EQUITY 29993 29993 UNITED PARCEL SERVICE INC DOMESTIC EQUITY 38993 38993 UNITED THERAPEUTICS CORP DOMESTIC EQUITY 13633 13633 UNITEDHEALTH GROUP INCDOMESTIC EQUITY 53173 53173 URBAN EDGE PROPERTIESDOMESTIC EQUITY 15555 15555 US BANCORP 3.75% 30408 30408 US BANCORP 5.5% 10189 10189 USANA HEALTH SCIENCES INCDOMESTIC EQUITY 3966 3966 VANGUARD SMALL-CAP GROWTH ETFDOMESTIC EQUITY 55849 55849 VANGUARD SMALL-CAP VALUE ETFDOMESTIC EQUITY 56511 56511 VEEVA SYSTEMS INCDOMESTIC EQUITY 8663 8663 VENTAS INCDOMESTIC EQUITY 94596 94596 VERISIGN INCDOMESTIC EQUITY 2883 2883 VERIZON COMMUNICATIONS INCDOMESTIC EQUITY 24015 24015 VERTEX PHARMACEUTICALS INCDOMESTIC EQUITY 10986 10986 VIATRIS INCDOMESTIC EQUITY 19397 19397 VIRTU FINANCIAL INCDOMESTIC EQUITY 4964 4964 VOLVO ABINTERNATIONAL EQUITY 10949 10949 VOYA FINANCIAL INC VARIABLE 5.35% 6295 6295 W R BERKLEY CORPDOMESTIC EQUITY 23691 23691 W R BERKLEY CORP 5.1% 30 DEC 2059 11582 11582 WALMART INCDOMESTIC EQUITY 48872 48872 WALMART INC 5.875% 05 APR 2027 33810 33810 WASTE MANAGEMENT INCDOMESTIC EQUITY 13791 13791 WEBSTER FINANCIAL CORP 5.25% 5477 5477 WELLS FARGO & CO 4.75% 21066 21066 WELLTOWER INCDOMESTIC EQUITY 104417 104417 WEST PHARMACEUTICAL SERVICES INCDOMESTIC EQUITY 13733 13733 WESTERN UNION CO/THEDOMESTIC EQUITY 12111 12111 WILLIAMS COS INC/THEDOMESTIC EQUITY 17485 17485 XENIA HOTELS & RESORTS INCDOMESTIC EQUITY 19504 19504 ZIMMER BIOMET HOLDINGS INCDOMESTIC EQUITY 11683 11683 ZURICH INSURANCE GROUP AGINTERNATIONAL EQUITY 30378 30378 ALLSTATE CORP/THEDOMESTIC EQUITY 6579 6579 APARTMENT INCOME REIT CORPDOMESTIC EQUITY 3195 3195 ARCHER-DANIELS-MIDLAND CODOMESTIC EQUITY 20005 20005 ARTHUR J GALLAGHER & CODOMESTIC EQUITY 6746 6746 BECTON DICKINSON AND CODOMESTIC EQUITY 13411 13411 BJ'S WHOLESALE CLUB HOLDINGS INCDOMESTIC EQUITY 7533 7533 BNP PARIBAS SAINTERNATIONAL EQUITY 30293 30293 BOSTON BEER CO INC/THEDOMESTIC EQUITY 4838 4838 BRUKER CORPDOMESTIC EQUITY 4850 4850 BUNGE GLOBAL SADOMESTIC EQUITY 16354 16354 CACI INTERNATIONAL INCDOMESTIC EQUITY 16517 16517 CARDINAL HEALTH INCDOMESTIC EQUITY 6250 6250 CARETRUST REIT INCDOMESTIC EQUITY 18844 18844 CENCORA INCDOMESTIC EQUITY 9858 9858 CHARLES SCHWAB CORP/THEDOMESTIC EQUITY 18576 18576 CHEMED CORPDOMESTIC EQUITY 15788 15788 CIGNA GROUP/THEDOMESTIC EQUITY 7786 7786 CINTAS CORPDOMESTIC EQUITY 19888 19888 COGENT COMMUNICATIONS HOLDINGS INCDOMESTIC EQUITY 45104 45104 COGNIZANT TECHNOLOGY SOLUTIONS CORPDOMESTIC EQUITY 25907 25907 DONALDSON CO INCDOMESTIC EQUITY 23461 23461 ECOLAB INCDOMESTIC EQUITY 16463 16463 ELME COMMUNITIESDOMESTIC EQUITY 11855 11855 EMCOR GROUP INCDOMESTIC EQUITY 3878 3878 EPAM SYSTEMS INCDOMESTIC EQUITY 3271 3271 EQUINIX INCDOMESTIC EQUITY 223093 223093 EQUITY RESIDENTIALDOMESTIC EQUITY 91006 91006 F5 INCDOMESTIC EQUITY 6980 6980 FACTSET RESEARCH SYSTEMS INCDOMESTIC EQUITY 4293 4293 FAIR ISAAC CORPDOMESTIC EQUITY 25608 25608 FERGUSON PLCINTERNATIONAL EQUITY 42282 42282 GEN DIGITAL INCDOMESTIC EQUITY 3811 3811 GENERAL MOTORS CODOMESTIC EQUITY 2012 2012 GENPACT LTDDOMESTIC EQUITY 5692 5692 GLENCORE PLCINTERNATIONAL EQUITY 9524 9524 INDEPENDENCE REALTY TRUST INCDOMESTIC EQUITY 8553 8553 INGREDION INCDOMESTIC EQUITY 26481 26481 INSIGHT ENTERPRISES INCDOMESTIC EQUITY 8860 8860 JOHNSON CONTROLS INTERNATIONAL PLCINTERNATIONAL EQUITY 20462 20462 KELLANOVADOMESTIC EQUITY 32092 32092 KENVUE INCDOMESTIC EQUITY 17547 17547 KIMCO REALTY CORPDOMESTIC EQUITY 60286 60286 KOMATSU LTDINTERNATIONAL EQUITY 30685 30685 LINDE PLCDOMESTIC EQUITY 67356 67356 LPL FINANCIAL HOLDINGS INCDOMESTIC EQUITY 15251 15251 MARKEL CORPDOMESTIC EQUITY 4260 4260 MASTERCARD INCDOMESTIC EQUITY 17487 17487 MCCORMICK & CO INC/MDDOMESTIC EQUITY 6295 6295 MERCEDES-BENZ GROUP AGINTERNATIONAL EQUITY 20705 20705 META PLATFORMS INCDOMESTIC EQUITY 8849 8849 MGIC INVESTMENT CORPDOMESTIC EQUITY 16011 16011 MONSTER BEVERAGE CORPDOMESTIC EQUITY 4436 4436 MOODY'S CORPDOMESTIC EQUITY 19137 19137 MOTOROLA SOLUTIONS INCDOMESTIC EQUITY 18159 18159 NETFLIX INCDOMESTIC EQUITY 8277 8277 NEW MOUNTAIN FINANCE CORP 16065 16065 NEW YORK TIMES CO/THEDOMESTIC EQUITY 7887 7887 NIPPON TELEGRAPH & TELEPHONE CORPINTERNATIONAL EQUITY 38295 38295 NORTHROP GRUMMAN CORPDOMESTIC EQUITY 27620 27620 NVIDIA CORPDOMESTIC EQUITY 495 495 OTIS WORLDWIDE CORPDOMESTIC EQUITY 27378 27378 PARAMOUNT GROUP INCDOMESTIC EQUITY 3361 3361 PDF SOLUTIONS INCDOMESTIC EQUITY 5528 5528 PHILIP MORRIS INTERNATIONAL INCDOMESTIC EQUITY 15523 15523 PILGRIM'S PRIDE CORPDOMESTIC EQUITY 6334 6334 PRINCIPAL CAPITAL SECURITIES FUND 1118923 1118923 PROGRESSIVE CORP/THEDOMESTIC EQUITY 10035 10035 PROLOGIS INCDOMESTIC EQUITY 238740 238740 REINSURANCE GROUP OF AMERICA INC VARIABLE 7.125% 6729 6729 REPUBLIC SERVICES INC DOMESTIC EQUITY 17810 17810 RTX CORPDOMESTIC EQUITY 11359 11359 S&P GLOBAL INCDOMESTIC EQUITY 13216 13216 SNAP-ON INCDOMESTIC EQUITY 3177 3177 SOUTHERN COPPER CORPDOMESTIC EQUITY 5250 5250 SPOTIFY TECHNOLOGY SADOMESTIC EQUITY 16160 16160 SYSCO CORPDOMESTIC EQUITY 6655 6655 T-MOBILE US INCINTERNATIONAL EQUITY 37036 37036 TJX COS INC/THEDOMESTIC EQUITY 18481 18481 TOKYO ELECTRON LTDINTERNATIONAL EQUITY 25586 25586 TRICON RESIDENTIAL INCINTERNATIONAL EQUITY 28510 28510 TRUIST FINANCIAL CORPDOMESTIC EQUITY 33597 33597 UNITED STATES TREASURY NOTE/BOND 3.5% 15 FEB 634203 634203 VERIZON COMMUNICATIONS INC 4.5% 10 AUG 2033 208101 208101 VICI PROPERTIES INCDOMESTIC EQUITY 19287 19287 WALMART INC 4.1% 15 APR 2033 747331 747331 WILLIS TOWERS WATSON PLCDOMESTIC EQUITY 13990 13990 WK KELLOGG CODOMESTIC EQUITY 854 854 WOODSIDE ENERGY GROUP LTDINTERNATIONAL EQUITY 19487 19487 YELP INCDOMESTIC EQUITY 10557 10557 ZOETIS INCDOMESTIC EQUITY 19342 19342 3195951 3195951 0 0 GLOBAL MANAGED VOL FUND (SVTAX)GLOBAL EQUITY FMV 1890316 1890316 INCOME FUND (SIOAX) FMV 917010 917010 INFLATION MANAGED FUND (SIFAX) FMV 1362206 1362206 LEGAL FEES 5370 0 5370 0 DEPOSITS 3046168 2697177 2697177 INSURANCE 12827 0 12827 0 MEALS & ENTERTAINMENT 1524980 0 1524980 0 SUPPLIES 189804 0 189804 0 TV PRODUCTION EXPENSES 1896001 137383 113212 1782789 BROADCASTING EXPENSES 3148622 3148622 3148622 0 EVENT EXPENSES 8715609 0 8715609 0 POSTAGE 72660 0 72660 0 ADVERTISING 172580 0 172580 0 COMMUNICATIONS 144343 0 144343 0 UNIFORMS 161465 0 161465 0 MISC EXPENSES 428321 0 428321 0 BROADCASTING REVENUE 3306695 3306695 0 TOURNAMENT REVENUE 16650000 16650000 UNREALIZED GAIN ON INVESTMENTS 1793931 INVESTMENT AND BANKING FEES 162272 162272 0 0 OTHER PROFESSIONAL FEES 1220250 0 1220250 0 FEDERAL INCOME TAX 5000 0 0 0 MISCELLANEOUS TAXES & LICENSES 490 0 490 0 FOREIGN W/H TAXES 20690 20690 20690 0