﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-11-14T16:18:51-05:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>541216800</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>LANE &amp; ASSOCIATES PC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>2839 HATHAWAY ROAD</AddressLine1Txt>
        <CityNm>RICHMOND</CityNm>
        <StateAbbreviationCd>VA</StateAbbreviationCd>
        <ZIPCd>232251700</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990EZ</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>521502052</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE PRACTICING FORESTERS INSTITUTE</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>PRAC</BusinessNameControlTxt>
      <PhoneNum>7035480990</PhoneNum>
      <USAddress>
        <AddressLine1Txt>21430 TIMBERLAKE ROAD 209</AddressLine1Txt>
        <CityNm>LYNCHBURG</CityNm>
        <StateAbbreviationCd>VA</StateAbbreviationCd>
        <ZIPCd>24502</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>SHANNON MCCABE</PersonNm>
      <PersonTitleTxt>EXECUTIVE DIRECTOR</PersonTitleTxt>
      <PhoneNum>7035480990</PhoneNum>
      <SignatureDt>2024-11-14</SignatureDt>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>false</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>MEDA S LANE</PreparerPersonNm>
      <PTIN>P00361884</PTIN>
      <PhoneNum>8042727421</PhoneNum>
      <PreparationDt>2024-11-14</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2024-10-15 13:58:12Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="3">
    <IRS990EZ documentId="RetDoc1" referenceDocumentId="RetDoc2">
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
      <WebsiteAddressTxt>PFITRUST.ORG</WebsiteAddressTxt>
      <Organization501c3Ind referenceDocumentId="RetDoc3">X</Organization501c3Ind>
      <TypeOfOrganizationTrustInd>X</TypeOfOrganizationTrustInd>
      <GrossReceiptsAmt>94970</GrossReceiptsAmt>
      <InfoInScheduleOPartIInd>X</InfoInScheduleOPartIInd>
      <ContributionsGiftsGrantsEtcAmt>5513</ContributionsGiftsGrantsEtcAmt>
      <InvestmentIncomeAmt>10213</InvestmentIncomeAmt>
      <SaleOfAssetsGrossAmt>76037</SaleOfAssetsGrossAmt>
      <CostOrOtherBasisExpenseSaleAmt>72328</CostOrOtherBasisExpenseSaleAmt>
      <GainOrLossFromSaleOfAssetsAmt>3709</GainOrLossFromSaleOfAssetsAmt>
      <FundraisingGrossIncomeAmt>3207</FundraisingGrossIncomeAmt>
      <SpecialEventsDirectExpensesAmt>1738</SpecialEventsDirectExpensesAmt>
      <SpecialEventsNetIncomeLossAmt>1469</SpecialEventsNetIncomeLossAmt>
      <TotalRevenueAmt>20904</TotalRevenueAmt>
      <GrantsAndSimilarAmountsPaidAmt>8485</GrantsAndSimilarAmountsPaidAmt>
      <FeesAndOtherPymtToIndCntrctAmt>9849</FeesAndOtherPymtToIndCntrctAmt>
      <OtherExpensesTotalAmt>3947</OtherExpensesTotalAmt>
      <TotalExpensesAmt>22281</TotalExpensesAmt>
      <ExcessOrDeficitForYearAmt>-1377</ExcessOrDeficitForYearAmt>
      <NetAssetsOrFundBalancesBOYAmt>421944</NetAssetsOrFundBalancesBOYAmt>
      <OtherChangesInNetAssetsAmt>29322</OtherChangesInNetAssetsAmt>
      <NetAssetsOrFundBalancesEOYAmt>449889</NetAssetsOrFundBalancesEOYAmt>
      <CashSavingsAndInvestmentsGrp>
        <BOYAmt>421944</BOYAmt>
        <EOYAmt>449889</EOYAmt>
      </CashSavingsAndInvestmentsGrp>
      <Form990TotalAssetsGrp>
        <BOYAmt>421944</BOYAmt>
        <EOYAmt>449889</EOYAmt>
      </Form990TotalAssetsGrp>
      <NetAssetsOrFundBalancesGrp>
        <BOYAmt>421944</BOYAmt>
        <EOYAmt>449889</EOYAmt>
      </NetAssetsOrFundBalancesGrp>
      <InfoInScheduleOPartIIIInd>X</InfoInScheduleOPartIIIInd>
      <PrimaryExemptPurposeTxt>THE PRACTICING FORESTERS INSTITUTE TRUST (PFIT) IS A NONPROFIT ORGANIZATION OPERATED NOT FOR PROFIT, BUT EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES FOR THE BENEFIT OF PRACTICING FORESTERS. THESE CONTINUING EDUCATIONAL EFFORTS FURTHER PROMOTE THE DELIVERY OF PROFESSIONAL FORESTRY SERVICES TO THE BENEFIT OF THE GENERAL PUBLIC. MISSION: OFFER EDUCATIONAL INFORMATION AND OPPORTUNITIES TO PRACTICING FORESTERS. VISION: PROVIDE BETTER PUBLIC UNDERSTANDING OF THE MULTIPLE BENEFITS PROVIDED BY AMERICA'S FORESTS AND THE REALIZATION THAT THESE VALUES CAN BEST BE ACHIEVED THROUGH PROFESSIONAL FORESTERS ASSISTING PRIVATE LANDOWNERS ACTIVELY MANAGE THEIR TIMBERLANDS TO MEET THEIR GOALS AND EXPECTATIONS.</PrimaryExemptPurposeTxt>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>ACTIVITIES: 1. PROMOTE EDUCATIONAL PROGRAMS FOR CONSULTING FORESTERS INCLUDING RESEARCH, INSTRUCTION AND OUTREACH EFFORTS CONSISTENT WITH THE POLICIES AND VALUES OF THE ASSOCIATION OF CONSULTING FORESTERS OF AMERICA, INC. 2. ADMINISTER AND GROW AN ENDOWMENT FUND CREATED FOR THE SOLE PURPOSE OF PROVIDING SCHOLARSHIPS, GRANTS AND EDUCATIONAL OFFERINGS TO BENEFIT MEMBERS AND CANDIDATE MEMBERS OF THE ACF, AND OTHER PRACTICING FORESTERS. 3. CONDUCT FUND RAISING ACTIVITIES INCLUDING SOLICITATION OF DONATIONS, GRANTS, SILENT AUCTIONS, RAFFLES AND OTHER SUCH ACTIVITIES AS DEEMED APPROPRIATE IN SUPPORT OF THE AFORE MENTIONED PROGRAMS.</DescriptionProgramSrvcAccomTxt>
      </ProgramSrvcAccomplishmentGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>TAYLOR WILSON</PersonNm>
        <TitleTxt>PRESIDENT</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>JOHN HOLZAEPFEL</PersonNm>
        <TitleTxt>VICE PRESIDE</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>DENNIS MCKENNEY</PersonNm>
        <TitleTxt>SECRETARY</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>NATHAN KACHNAVAGE</PersonNm>
        <TitleTxt>TREASURER</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>ELI JENSEN</PersonNm>
        <TitleTxt>TRUSTEE</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>DENNIS PARENT</PersonNm>
        <TitleTxt>TRUSTEE</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>STEPHEN LOGAN</PersonNm>
        <TitleTxt>TRUSTEE</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>SHANNON MCCABE</PersonNm>
        <TitleTxt>EXECUTIVE DI</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
      <ChgMadeToOrgnzngDocNotRptInd>false</ChgMadeToOrgnzngDocNotRptInd>
      <OrganizationHadUBIInd>false</OrganizationHadUBIInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
      <Form1120PolFiledInd>false</Form1120PolFiledInd>
      <MadeLoansToFromOfficersInd>false</MadeLoansToFromOfficersInd>
      <EngagedInExcessBenefitTransInd>false</EngagedInExcessBenefitTransInd>
      <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      <BooksInCareOfDetail>
        <PersonNm>SHANNON MCCABE</PersonNm>
        <USAddress>
          <AddressLine1Txt>21430 TIMBERLAKE ROAD 209</AddressLine1Txt>
          <CityNm>LYNCHBURG</CityNm>
          <StateAbbreviationCd>VA</StateAbbreviationCd>
          <ZIPCd>24502</ZIPCd>
        </USAddress>
        <PhoneNum>7035480990</PhoneNum>
      </BooksInCareOfDetail>
      <ForeignFinancialAccountInd>false</ForeignFinancialAccountInd>
      <ForeignOfficeInd>false</ForeignOfficeInd>
      <DonorAdvisedFndsInd>false</DonorAdvisedFndsInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <TanningServicesProvidedInd>false</TanningServicesProvidedInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TransactionWithControlEntInd>false</TransactionWithControlEntInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <SchoolOperatingInd>false</SchoolOperatingInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>false</TrnsfrExmptNonChrtblRltdOrgInd>
      <PartVIOfCompOfHghstPdEmplTxt>NONE</PartVIOfCompOfHghstPdEmplTxt>
      <PartVIHghstPdCntrctProfSrvcTxt>NONE</PartVIHghstPdCntrctProfSrvcTxt>
      <FiledScheduleAInd>true</FiledScheduleAInd>
    </IRS990EZ>
    <IRS990ScheduleA documentId="RetDoc3">
      <PubliclySupportedOrg509a2Ind>X</PubliclySupportedOrg509a2Ind>
      <GiftsGrantsContrisRcvd509Grp>
        <CurrentTaxYearMinus4YearsAmt>6564</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>2265</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>52490</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>11228</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>5513</CurrentTaxYearAmt>
        <TotalAmt>78060</TotalAmt>
      </GiftsGrantsContrisRcvd509Grp>
      <GrossReceiptsAdmissionsGrp>
        <CurrentTaxYearMinus4YearsAmt>7054</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>5510</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>5724</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>13178</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>13420</CurrentTaxYearAmt>
        <TotalAmt>44886</TotalAmt>
      </GrossReceiptsAdmissionsGrp>
      <Total509Grp>
        <CurrentTaxYearMinus4YearsAmt>13618</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>7775</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>58214</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>24406</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>18933</CurrentTaxYearAmt>
        <TotalAmt>122946</TotalAmt>
      </Total509Grp>
      <AmountsRcvdDsqlfyPersonGrp>
        <CurrentTaxYearMinus3YearsAmt>270</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>855</CurrentTaxYearMinus2YearsAmt>
        <TotalAmt>1125</TotalAmt>
      </AmountsRcvdDsqlfyPersonGrp>
      <SubstantialContributorsAmtGrp>
        <CurrentTaxYearMinus2YearsAmt>45000</CurrentTaxYearMinus2YearsAmt>
        <TotalAmt>45000</TotalAmt>
      </SubstantialContributorsAmtGrp>
      <SubstAndDsqlfyPrsnsTotGrp>
        <CurrentTaxYearMinus3YearsAmt>270</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>45855</CurrentTaxYearMinus2YearsAmt>
        <TotalAmt>46125</TotalAmt>
      </SubstAndDsqlfyPrsnsTotGrp>
      <PublicSupportTotal509Amt>76821</PublicSupportTotal509Amt>
      <GrossInvestmentIncome509Grp>
        <CurrentTaxYearMinus4YearsAmt>6308</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>7516</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>17609</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>4963</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>10213</CurrentTaxYearAmt>
        <TotalAmt>46609</TotalAmt>
      </GrossInvestmentIncome509Grp>
      <InvestmentIncomeAndUBTIGrp>
        <CurrentTaxYearMinus4YearsAmt>6308</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>7516</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>17609</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>4963</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>10213</CurrentTaxYearAmt>
        <TotalAmt>46609</TotalAmt>
      </InvestmentIncomeAndUBTIGrp>
      <TotalSupportCalendarYearGrp>
        <CurrentTaxYearMinus4YearsAmt>19926</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>15291</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>75823</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>29369</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>29146</CurrentTaxYearAmt>
        <TotalAmt>169555</TotalAmt>
      </TotalSupportCalendarYearGrp>
      <PublicSupportCY509Pct>0.45310</PublicSupportCY509Pct>
      <PublicSupportPY509Pct>0.45730</PublicSupportPY509Pct>
      <InvestmentIncomeCYPct>0.27000</InvestmentIncomeCYPct>
      <InvestmentIncomePYPct>0.27000</InvestmentIncomePYPct>
      <ThirtyThrPctSuprtTestsCY509Ind>X</ThirtyThrPctSuprtTestsCY509Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleO documentId="RetDoc2">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART I, LINE 10</FormAndLineReferenceDesc>
        <ExplanationTxt>CASH CONTRIBUTION: 8,485</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART I, LINE 16</FormAndLineReferenceDesc>
        <ExplanationTxt>EXPENSES WEBSITE 58 SPEAKER FEES 3,500 MISCELLANEOUS EXPENSE 335 SILENT AUCTION EXPENSES 54 TOTAL 3,947</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART I, LINE 20</FormAndLineReferenceDesc>
        <ExplanationTxt>UNREALIZED GAINS ON INVESTMENTS 29,322</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART III</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PRACTICING FORESTERS INSTITUTE TRUST (PFIT) IS A NONPROFIT ORGANIZATION OPERATED NOT FOR PROFIT, BUT EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES FOR THE BENEFIT OF PRACTICING FORESTERS. THESE CONTINUING EDUCATIONAL EFFORTS FURTHER PROMOTE THE DELIVERY OF PROFESSIONAL FORESTRY SERVICES TO THE BENEFIT OF THE GENERAL PUBLIC. MISSION: OFFER EDUCATIONAL INFORMATION AND OPPORTUNITIES TO PRACTICING FORESTERS. VISION: PROVIDE BETTER PUBLIC UNDERSTANDING OF THE MULTIPLE BENEFITS PROVIDED BY AMERICA'S FORESTS AND THE REALIZATION THAT THESE VALUES CAN BEST BE ACHIEVED THROUGH PROFESSIONAL FORESTERS ASSISTING PRIVATE LANDOWNERS ACTIVELY MANAGE THEIR TIMBERLANDS TO MEET THEIR GOALS AND EXPECTATIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART III, LINE 28</FormAndLineReferenceDesc>
        <ExplanationTxt>ACTIVITIES: 1. PROMOTE EDUCATIONAL PROGRAMS FOR CONSULTING FORESTERS INCLUDING RESEARCH, INSTRUCTION AND OUTREACH EFFORTS CONSISTENT WITH THE POLICIES AND VALUES OF THE ASSOCIATION OF CONSULTING FORESTERS OF AMERICA, INC. 2. ADMINISTER AND GROW AN ENDOWMENT FUND CREATED FOR THE SOLE PURPOSE OF PROVIDING SCHOLARSHIPS, GRANTS AND EDUCATIONAL OFFERINGS TO BENEFIT MEMBERS AND CANDIDATE MEMBERS OF THE ACF, AND OTHER PRACTICING FORESTERS. 3. CONDUCT FUND RAISING ACTIVITIES INCLUDING SOLICITATION OF DONATIONS, GRANTS, SILENT AUCTIONS, RAFFLES AND OTHER SUCH ACTIVITIES AS DEEMED APPROPRIATE IN SUPPORT OF THE AFORE MENTIONED PROGRAMS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>