UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
09-30-2022
Check here if Amendment: ☐ Amendment Number:
This Amendment (Check only one.):☐ is a restatement.
☐ adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
FOUNDATION RESOURCE MANAGEMENT INC
Address:
401 W CAPITOL AVE
SUITE 503
LITTLE ROCK, AR 72201
Form 13F File Number:
028-10317

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Lauren Sanders
Title:
Controller
Phone:
5015342685


Signature, Place, and Date of Signing:

Lauren Sanders
                         [Signature]
Little Rock, ARKANSAS
                 [City, State]
10-13-2022
                           [Date]
                          

Report Type (Check only one.):

☒ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

☐ 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

☐ 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
51
Form 13F Information table Value Total:
525993
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ABBVIE INCCOM00287y1095,44040,537SHSOLE40,537 0 0
AGNICO EAGLE MINES LTDCOM00847410811,756278,373SHSOLE278,373 0 0
AMBEV SA SPON ADRCOM02319V1037,3632,601,714SHSOLE2,601,714 0 0
APACHE CORPCOM03743Q1084,402128,754SHSOLE128,754 0 0
BAKER HUGHES A GE CO CL ACOM05722g10062329,728SHSOLE29,728 0 0
BARRICK GOLD CORPCOM06790110810,641686,519SHSOLE686,519 0 0
BERKSHIRE HATHAWAY CL BCOM08467070227,684103,678SHSOLE103,678 0 0
BERKSHIRE HATHAWAY HLD ACOM0846701082,0325SHSOLE5 0 0
CADENCE NTNL BANK GATESVILLE TCOM12740c10341216,213SHSOLE16,213 0 0
CAMECO CORPCOM13321l10822,628853,562SHSOLE853,562 0 0
CENOVUS ENERGY, INC.COM15135U1095,232340,376SHSOLE340,376 0 0
CHEVRONCOM16676410033,447232,805SHSOLE232,805 0 0
CHUBB LTD INCCOMH1467J1043742,054SHSOLE2,054 0 0
CISCO SYSTEMSCOM17275R1025,937148,420SHSOLE148,420 0 0
CONOCOPHILLIPSCOM20825c10432,250315,121SHSOLE315,121 0 0
CORNINGCOM2193501052,941101,327SHSOLE101,327 0 0
DEVON ENERGYCOM25179m1034,18769,627SHSOLE69,627 0 0
EASTMAN CHEMICALCOM2774321002062,900SHSOLE2,900 0 0
EXXON MOBILCOM30231G10238,363439,391SHSOLE439,391 0 0
FEDERATED HERMES, INCCOM31421110313,227399,359SHSOLE399,359 0 0
FRANKLIN RESOURCES INC COMCOM35461310111,502534,477SHSOLE534,477 0 0
FREEPORT-MCMORAN INC.COM35671d8576,579240,707SHSOLE240,707 0 0
GILEAD SCIENCES INCCOM37555810311,587187,829SHSOLE187,829 0 0
GLATFELTER CORPCOM3773201061,497481,202SHSOLE481,202 0 0
GRAFTECH INTERNATIONAL LTDCOM3843135086,4101,487,258SHSOLE1,487,258 0 0
HP INCCOM40434L1057,904317,155SHSOLE317,155 0 0
IMPERIAL OIL LTDCOM45303840843410,025SHSOLE10,025 0 0
INTEL CORP.COM45814010012,833497,993SHSOLE497,993 0 0
KRAFT HEINZ COMPANYCOM50075410610,577317,138SHSOLE317,138 0 0
LOEWSCOM5404241086,242125,244SHSOLE125,244 0 0
LUMEN TECHNOLOGIESCOM55024110324,2633,332,801SHSOLE3,332,801 0 0
MARATHON PETROLEUM CORPCOM56585a1024604,629SHSOLE4,629 0 0
MERCK AND CO. INC.COM58933Y10517,714205,695SHSOLE205,695 0 0
MOSAICCOM61945c10330,086622,512SHSOLE622,512 0 0
MURPHY OIL CORPCOM6267171022136,050SHSOLE6,050 0 0
NEWMONT GOLDCORPCOM65163910626,544631,537SHSOLE631,537 0 0
ORGANON & COCOM68622v10635515,191SHSOLE15,191 0 0
OVINTIV INCCOM69047q1023,53676,874SHSOLE76,874 0 0
PARAMOUNT GLOBALCOM92556H20612,194640,436SHSOLE640,436 0 0
PERMIAN BASIN ROYALTY TRUSTCOM71423610611,319693,113SHSOLE693,113 0 0
PFIZER INC COMCOM71708110317,432398,350SHSOLE398,350 0 0
PHILLIPS 66COM7185461045,48367,925SHSOLE67,925 0 0
SAN JUAN BASIN ROYALTY TRUSTCOM79824110515216,125SHSOLE16,125 0 0
SANOFICOM80105n1059,764256,815SHSOLE256,815 0 0
TECK RESOURCES LTD CL BCOM87874220432,2801,061,487SHSOLE1,061,487 0 0
TEJON RANCH COCOM8790801096,228432,493SHSOLE432,493 0 0
THE TRAVELERS COS., INC.COM89417e1094242,765SHSOLE2,765 0 0
TRANSOCEAN, LTDCOMH8817H100493199,507SHSOLE199,507 0 0
TSAKOS ENERGY NAVIGATION LTDCOMg9108l1734,837316,743SHSOLE316,743 0 0
VERIZON COMMUNICATIONS INC COMCOM92343V10416,863444,122SHSOLE444,122 0 0
WAL-MART STORESCOM9311421036495,001SHSOLE5,001 0 0