Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $31,481

• 1f · All other contributions, gifts and grants

  $3,348,005

• 3 · Investment income

  total $264,533 · excluded $264,533

• 7a · Gross sales of assets other than inventory

  securities $1,312,933

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

  securities $0

• 7c · Gain or loss

  securities $1,312,933

• 7d · Net gain or loss

  total $1,312,933 · excluded $1,312,933

• 8a · Fundraising events: gross income

  $8,156

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

  $31,481

• 8b · Fundraising events: direct expenses

  $15,234

• 8c · Net income from fundraising events

  total -$7,078 · excluded -$7,078

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $502 · excluded $502

• 11e · Other revenue, total

  $502

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $6,687,789 · program services $6,687,789

• 11a · Fees: management

  total $200,000 · management and general $200,000

• 11e · Fees: professional fundraising services

  total $141,700 · fundraising $141,700

• 11f · Fees: investment management

  total $57,568 · management and general $57,568

• 24a · Other expenses: FUNDRAISING

  total $5,137 · fundraising $5,137

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $180,725 · end of year $225,595

• 2 · Savings and temporary cash investments

  beginning of year $192,192 · end of year $188,597

• 3 · Pledges and grants receivable

  beginning of year $13,942 · end of year $1,615,822

• 11 · Investments: publicly traded securities

  beginning of year $12,093,390 · end of year $7,546,704

• 17 · Accounts payable and accrued expenses

  beginning of year $4,496 · end of year $9,676

• 27 · Net assets without donor restrictions

  beginning of year $12,475,753 · end of year $7,952,093

• 28 · Net assets with donor restrictions

  end of year $1,614,949

The filer's explanations (Part III)

PART I, LINE 3

THE FOUNDATION'S CEO IS PAID BY GOOD SAMARITAN HOME OF QUINCY. GOOD SAMARITAN HOME OF QUINCY USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE CEO: -COMPENSATION SURVEY OR STUDY -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE