Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $15,998

• 1f · All other contributions, gifts and grants

  $671,065

• 1g · Noncash contributions included above

  $69,928

• 3 · Investment income

  total $638,302 · excluded $638,302

• 7a · Gross sales of assets other than inventory

  securities $8,382,260

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

  securities $8,006,491

• 7c · Gain or loss

  securities $375,769

• 7d · Net gain or loss

  total $375,769 · related or exempt $375,769

• 8a · Fundraising events: gross income

  $208,494

• 8b · Fundraising events: direct expenses

  $33,651

• 8c · Net income from fundraising events

  total $174,843

• 11a · Other revenue: OTHER REVENUE

  total $1 · unrelated business $1

• 11e · Other revenue, total

  $1

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $591,618 · program services $591,618

• 5 · Compensation of officers, directors and key employees

  total $67,694 · program services $67,694

• 7 · Other salaries and wages

  total $234,250 · program services $92,429 · fundraising $141,821

• 11a · Fees: management

  total $3,000 · management and general $3,000

• 11c · Fees: accounting

  total $6,150 · management and general $6,150

• 11d · Fees: lobbying

  total $80,316 · program services $80,316

• 11f · Fees: investment management

  total $115,239 · management and general $115,239

• 11g · Fees: other

  total $408,961 · program services $385,052 · management and general $19,451 · fundraising $4,458

• 12 · Advertising and promotion

  total $10,000 · program services $10,000

• 13 · Office expenses

  total $24,753 · program services $22,297 · management and general $2,456

• 23 · Insurance

  total $2,402 · management and general $2,402

• 24a · Other expenses: OTHER EXPENSES

  total $82,303 · management and general $82,303

• 24b · Other expenses: IN KIND GIFTS

  total $69,928 · program services $69,928

• 24c · Other expenses: PROFESSIONAL DEVELOPMENT

  total $69,129 · program services $69,129

• 24d · Other expenses: CURRICULUM DEVELOPMENT

  total $26,371 · program services $26,371

• 24e · All other expenses

  total $43,303 · program services $33,103 · management and general $10,200

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $862,042 · end of year $971,611

• 3 · Pledges and grants receivable

  beginning of year $1,820,463 · end of year $412,620

• 4 · Accounts receivable

  beginning of year $40,108 · end of year $33,273

• 10a · Land, buildings and equipment: cost or other basis

  $5,000

• 10c · Land, buildings and equipment, net

  beginning of year $5,000 · end of year $5,000

• 11 · Investments: publicly traded securities

  beginning of year $17,806,380 · end of year $19,936,172

• 15 · Other assets

  beginning of year $16,000

• 17 · Accounts payable and accrued expenses

  beginning of year $185,455 · end of year $111,560

• 27 · Net assets without donor restrictions

  beginning of year $802,702 · end of year $972,928

• 28 · Net assets with donor restrictions

  beginning of year $19,561,836 · end of year $20,274,188

The filer's explanations (Part III)

SCHEDULE J, PART III

THE FOUNDATION PAYS MEMBERSHIP DUES FOR PROFESSIONAL ORGANIZATIONS FOR THE OFFICE OF PHILANTHROPY.