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← GREG BUSSJAEGER MEMORIAL FOUNDATION

Form 990 for tax year 2024

Filed by GREG BUSSJAEGER MEMORIAL FOUNDATION.

Totals

Total revenue
$54,610
Total expenses
$56,048
Contributions and grants received
$0
Grants paid
$48,000
Program service revenue
$0
Investment income
$17,044
Other revenue
$37,566
Total assets, end of year
$579,433
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$579,433
Program services expenses (Part IX)
$48,000
Management and general expenses
$8,048
Fundraising expenses
$0
Program service expenses (Part III)
$48,000

Program services were 85.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $18,242 · related or exempt $18,242

  • 7a · Gross sales of assets other than inventory

    securities $341,348 · other assets $3,881

  • 7b · Less cost or other basis and sales expenses

    securities $346,427

  • 7c · Gain or loss

    securities -$5,079 · other assets $3,881

  • 7d · Net gain or loss

    total -$1,198 · related or exempt -$1,198

  • 8a · Fundraising events: gross income

    $59,305

  • 8b · Fundraising events: direct expenses

    $21,739

  • 8c · Net income from fundraising events

    total $37,566 · excluded $37,566

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $48,000 · program services $48,000

  • 11b · Fees: legal

    total $75 · management and general $75

  • 11f · Fees: investment management

    total $7,359 · management and general $7,359

  • 24a · Other expenses: MORGAN STANLEY 7253

    total $614 · management and general $614

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $36,072 · end of year $30,560

  • 2 · Savings and temporary cash investments

    beginning of year $544,564 · end of year $548,873

  • 31 · Retained earnings, endowment or other funds

    beginning of year $580,636 · end of year $579,433

Mission and programs · 2024

Mission

THE ORGANIZATION'S PURPOSE IS TO SUPPORT ORGANIZATIONS THAT SERVE THE NEEDS OF YOUTH IN THE COMMUNITY OF GLENDALE, CA, AND ITS SURROUNDING COMMUNITIES.

  • GOLF TOURNAMENT - THIS EVENT RAISES FUNDS TO SUPPORT ORGANIZATIONS THAT SERVE THE NEEDS OF YOUTH IN THE COMMUNITY OF GLENDALE, CALIFORNIA, AND ITS SURROUNDING COMMUNITIES.

    Expenses $48,000 · Grants $48,000

  • GOLF TOURNAMENT - THIS EVENT RAISES FUNDS TO SUPPORT ORGANIZATIONS THAT SERVE THE NEEDS OF YOUTH IN THE COMMUNITY OF GLENDALE, CALIFORNIA, AND ITS SURROUNDING COMMUNITIES.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • GARY BUSSJAEGER

    DIRECTOR

    Total calculated
    $0
  • CHRISTINA MCNAMEE

    DIRECTOR

    Total calculated
    $0
  • ROBERT ADAMS

    VP/SECRETARY

    Total calculated
    $0
  • STEVEN G BUSSJAEGER

    PRESIDENT/DI

    Total calculated
    $0
  • TAD OKUMOTO

    TREASURER/CF

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • YOUTH EDUCATION

  • GLENDALE EDUCATIONAL FOUNDATION

    $10,000

  • ASCENCIA

    $8,000

Provenance

Return type
form_990
Tax year
2024
Filed
18 March 2025
IRS schema version
2024v5.0
Source object
202520859349300747

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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