Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $5,000

• 1c · Fundraising events

  $48,221

• 1f · All other contributions, gifts and grants

  $859,723

• 1g · Noncash contributions included above

  $700

• 3 · Investment income

  total $179,449 · excluded $179,449

• 7a · Gross sales of assets other than inventory

  securities $4,659,362

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

  securities $4,412,139

• 7c · Gain or loss

  securities $247,223

• 7d · Net gain or loss

  total $247,223 · excluded $247,223

• 8a · Fundraising events: gross income

  $8,871

• 8a · Fundraising events: contributions included on line 1c

  $48,221

• 8b · Fundraising events: direct expenses

  $19,300

• 8c · Net income from fundraising events

  total -$10,429 · excluded -$10,429

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $330,769 · program services $330,769

• 5 · Compensation of officers, directors and key employees

  total $157,912 · management and general $78,956 · fundraising $78,956

• 7 · Other salaries and wages

  total $66,544 · program services $22,446 · management and general $22,049 · fundraising $22,049

• 10 · Payroll taxes

  total $15,317 · program services $1,533 · management and general $6,891 · fundraising $6,893

• 11c · Fees: accounting

  total $18,989 · management and general $18,989

• 11f · Fees: investment management

  total $20,075 · management and general $20,075

• 11g · Fees: other

  total $58,152 · program services $58,152

• 12 · Advertising and promotion

  total $18,083 · fundraising $18,083

• 13 · Office expenses

  total $24,919 · program services $1,178 · fundraising $23,741

• 14 · Information technology

  total $26,764 · management and general $26,764

• 17 · Travel

  total $3,877 · management and general $3,877

• 19 · Conferences, conventions and meetings

  total $2,079 · management and general $2,079

• 24a · Other expenses: Annuity

  total $7,167 · program services $7,167

• 24e · All other expenses

  total $5,554 · management and general $1,436 · fundraising $4,118

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $735,998 · end of year $857,365

• 3 · Pledges and grants receivable

  beginning of year $19,447 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $5,659,337 · end of year $6,355,518

• 15 · Other assets

  beginning of year $150,309 · end of year $132,938

• 17 · Accounts payable and accrued expenses

  beginning of year $88,794 · end of year $74,856

• 25 · Other liabilities

  beginning of year $85,230 · end of year $105,981

• 27 · Net assets without donor restrictions

  beginning of year $1,906,898 · end of year $2,028,077

• 28 · Net assets with donor restrictions

  beginning of year $4,484,169 · end of year $5,136,907

The filer's explanations (Part III)

Part I, Line 3

The officers are paid by a related organization. The related organization reviews salary survey data to determine the Foundation director salary. The Foundation reimburses the related organization for the salaries of the Foundation Director on a quarterly basis.