2024-07-15T14:32:22-05:00 2023-12-31 630191630 SMITH DUKES & BUCKALEW LLP 3800 AIRPORT BLVD MOBILE AL 366081667 990 2023-01-01 636137430 LOUISE B HIRS CHARITABLE UNITRUST #1255000410 LOUI 2514318309 REGIONS BANK TTEE P O DRAWER 1628 MOBILE AL 366331628 ROGER E COLE VP & TRUST OFFICER 2514388309 2024-07-15 1 ROGER COLE 999009999 0 J WILBERT JORDAN JR P00275848 2513431200 2024-07-15 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z ROGER E COLE REGIONS BANK TTEE P O DRAWER 1628 MOBILE AL 366331628 2895571 0 X N/A X 1985 AL THE PURPOSE FOR WHICH THE TRUST IS ORGANIZED IS TO BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE FOLLOWING THREE NAMED CHARITIES: SISTERS OF MERCY OF THE AMERICAS SOUTH CENTRAL COMMUNITY, INC., THE DISCALCED CARMELITE NUNS, AND THE ALLEN MEMORIAL HOME, ALL OF WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 1 0 0 0 0 0 0 0 0 0 460151 499840 135 27 460286 499867 677304 799731 0 0 82070 79420 0 0 0 15392 15152 774766 894303 -314480 -394436 12414601 12017517 0 0 12414601 12017517 X THE CHARITABLE TRUST WAS ORGANIZED AND IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF THREE NAMED CHARITIES. THESE CHARITIES ARE: SISTERS OF MERCY OF THE AMERICAS SOUTH CENTRAL COMMUNITY, INC., THE DISCALCED CARMELITE NUNS, AND THE ALLEN MEMORIAL HOME. ALL THREE OF THESE CHARITIES ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 0 0 799731 799731 PLEASE REFER TO PART III, ITEM 1 ABOVE. 799731 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AL X ROGER E COLE REGIONS BANK 2514318309 11 NORTH WATER ST 28TH FLOOR MOBILE AL 36602 REGIONS BANK TRUSTEE 5.00 X 79420 0 0 79420 0 0 0 0 0 0 0 282460 282460 27 27 2613084 2395704 217380 217380 217380 499867 0 0 499867 799731 799731 79420 79420 3650 3650 FOREIGN TAX 6778 6778 INVESTMENT EXPENSES 3548 3548 ADR FEES 1174 1174 O & G PRODUCTION TAX & 2 2 894303 799731 94572 0 276782 373380 11367787 10874105 770032 770032 12414601 12017517 0 0 X 12414601 12017517 0 0 0 0 12414601 12017517 12414601 12017517 X -394436 -2648 X 0 0 0 X X X 3 DISCALCED CARMELITE NUNS 636046533 1 1 266577 0 ALLEN MEMORIAL HOME 630291592 10 1 266577 0 SISTERS OF MERCY OF THE AMERICAS SOUTH CENTRAL COMMUNITY INC 113816411 1 1 266577 0 3 799731 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 14288 0 0 275979 282487 275979 296775 0 0 73402 75038 0 0 202577 221737 13804749 13703195 566514 194932 301 342 14371564 13898469 0 0 0 14371564 13898469 215573 208477 14155991 13689992 495460 479150 0 0 495460 479150 202577 172190 495460 495460 0 495460 799731 0 0 0 0 0 799731 799731 495460 100.000000000000 495460 0 0 0 200015 699000 677304 1576319 0 495460 0 1080859 799731 0 799731 0 0 1880590 0 0 403555 677304 799731 PART IV, SECTION D, LINE 2: THE THREE SUPPORTED ORGANIZATIONS RECEIVE MONTHLY ACCOUNT STATEMENTS, AND THE TRUSTEE HAS PERIODIC CONVERSATIONS WITH REPRESENTATIVES OF THE THREE SUPPORTED ORGANIZATIONS REGARDING THEIR NEEDS AND ACTIVITIES. PART IV, SECTION D, LINE 3: THE TRUSTEE PERIODICALLY REVIEWS THE INVESTMENT OBJECTIVES AS WELL AS THE INVESTMENT RESULTS OF THE SECURITY PORTFOLIO OF THE TRUST WITH THE THREE SUPPORTED ORGANIZATIONS. THE ORGANIZATIONS HAVE THE OPPORTUNITY TO DISCUSS THE INVESTMENT STRATEGY BEING FOLLOWED BY THE TRUSTEE TO ENSURE THAT THE RETURN ON THE INVESTMENTS IS SUFFICIENT TO MEET THE ORGANIZATIONS CURRENT FINANCIAL NEEDS WHILE AT THE SAME TIME KEEPING IN MIND THE GOAL OF ACCOMPLISHING THE LONG TERM SUPPORT FOR THESE ORGANIZATIONS. PART V, SECTION D, LINE 8: FOR ALL THREE OF THE ENTITIES WHICH ARE LISTED IN PART I, LINE 11G, THE FUNDS RECEIVED FROM THIS TRUST REPRESENT MORE THAN 10% OF THEIR TOTAL SUPPORT FOR THE YEAR. AS STATED ABOVE, THE ORGANIZATIONS HAVE THE OPPORTUNITY TO DISCUSS THE INVESTMENT STRATEGY BEING FOLLOWED BY THE TRUSTEE TO ENSURE THAT THE RETURN ON THE INVESTMENTS IS SUFFICIENT TO MEET THE ORGANIZATIONS CURRENT FINANCIAL NEEDS WHILE AT THE SAME TIME KEEPING IN MIND THE GOAL OF ACCOMPLISHING THE LONG TERM SUPPORT FOR THESE ORGANIZATIONS. 0 K2 OVERSEAS INVESTORS I LTD 770030 C OIL & GAS MINERAL INTEREST 2 C 770032 1 DISCALCED CARMELITE NUNS 716 DAUPHIN ISLAND PKWY MOBILE AL 36606 636046533 501(C)(3) 266577 0 OPERATIONS ALLEN MEMORIAL HOME 400 GOVERNMENT ST MOBILE AL 36602 630291592 501(C)(3) 266577 0 OPERATIONS SISTERS OF MERCY OF THE AMERICAS SOUTH CENTRAL COMMUNITY INC 101 MERCY DRIVE BELMONT NC 28012 113816411 501(C)(3) 266577 0 OPERATIONS 3 0 PART I, LINE 2: THE THREE NAMED BENEFICIARIES OF THIS TRUST ARE ENTITLED TO THE NET INCOME OF TRUST. THERE IS NO RESTRICTION AS TO HOW THE FUNDS ARE USED BY THEM. THE ONLY REQUIREMENT OF EACH BENEFICIARY IS THAT THEY CONTINUE TO QUALIFY AS A IRC 501(C)(3) ORGANIZATION. THE TRUSTEE MEETS WITH THE REPRESENTATIVES ON A REGULAR BASIS TO DETERMINE THEIR FINANCIAL NEEDS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. COPIES OF THE RETURN ARE PROVIDED TO THE TRUSTEE FOR REVIEW PRIOR TO FILING BY THE TRUSTEE. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEE HAS ADOPTED ITS OWN CONFLICTS OF INTEREST AND SELF-DEALING POLICY TO GOVERN ALL OF ITS FIDUCIARY RELATIONSHIPS. THE TRUSTEE'S RELATIONSHIP WITH THE TRUST ARE SUBJECT TO AND GOVERNED BY THAT POLICY. THE TRUSTEE HAS A SEPARATE DEPARTMENT THAT DEALS WITH THESE COMPLIANCE ISSUES. EACH TRUST IS SUBJECT TO ANNUAL REVIEWS. THE TRUSTEE OFFERS COUNSEL AND TRAINING TO EMPLOYEES TO ENSURE COMPLIANCE, ASSISTANCE IN IDENTIFYING POTENTIAL MATTERS OF NONCOMPLIANCE AND TO ESCALATE THE RESOLUTION OF ANY POSSIBLE NONCOMPLIANCE PROBLEMS. FORM 990, PART VI, SECTION C, LINE 18 ANY REQUIRED DISCLOSURE DOCUMENTATION IS PROVIDED UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CHARITABLE TRUST DOCUMENTS ARE PART OF THE FORM 1023 APPLICATION WHICH IS AVAILABLE UPON REQUEST. THE DESIGNATED BENEFICIARIES OF THE CHARITABLE TRUST RECEIVE QUARTERLY AND ANNUAL ACCOUNT STATEMENTS FROM THE TRUSTEE. THE TRUSTEE'S CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE DESIGNATED BENEFICIARIES UPON REQUEST. FORM 990, PART XI, LINE 9: INCOME TIMING DIFFERENCE -518. BOOK/TAX DIFFERENCE IN CAPITAL GAINS -950. BASIS ADJUSTMENT -1,180.