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Nonprofiteer
← TALKINGTON ENDOWMENT

Form 990 for tax year 2024

Filed by TALKINGTON ENDOWMENT.

Totals

Total revenue
$168,074
Total expenses
$276,076
Contributions and grants received
$0
Grants paid
$229,119
Program service revenue
$0
Investment income
$168,074
Other revenue
$0
Total assets, end of year
$6,038,864
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$6,038,864
Program services expenses (Part IX)
$229,119
Management and general expenses
$46,957
Fundraising expenses
$0
Program service expenses (Part III)
$229,119

Program services were 83.0% 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 $128,844 · excluded $128,844

  • 7a · Gross sales of assets other than inventory

    securities $200,000

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

    securities $160,770

  • 7c · Gain or loss

    securities $39,230

  • 7d · Net gain or loss

    total $39,230 · related or exempt $39,230

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $229,119 · program services $229,119

  • 11f · Fees: investment management

    total $45,916 · management and general $45,916

  • 24a · Other expenses: ADMINISTRATIVE FEES

    total $899 · management and general $899

  • 24b · Other expenses: FOREIGN TAX PAID

    total $142 · management and general $142

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $116,541 · end of year $98,674

  • 11 · Investments: publicly traded securities

    beginning of year $5,377,613 · end of year $5,940,190

  • 15 · Other assets

    beginning of year $4,349

  • 27 · Net assets without donor restrictions

    beginning of year $5,498,503 · end of year $6,038,864

Mission and programs · 2024

Mission

TO ESTABLISH, IN PERPETUITY, AN ENDOWMENT FOR THE LOUISE HOPKINS UNDERWOOD CENTER FOR THE ARTS. ALL DISTRIBUTIONS WILL BE FOR THE PURPOSE OF SUSTAINING THE OPERATIONS OF THE LOUISE HOPKINS UNDERWOOD CENTER FOR THE ARTS.

  • OPERATIONAL SUPPORT OF THE LOUISE HOPKINS UNDERWOOD CENTER FOR THE ARTS.

    Expenses $229,119 · Grants $229,119

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

Listed in Part VII

  • Suzanne Blake

    AT-LARGE MEM

    Total calculated
    $0
  • Brad Green

    AT-LARGE MEM

    Total calculated
    $0
  • Alan Henry

    AT-LARGE MEM

    Total calculated
    $0
  • Reed Hooks

    TREASURER

    Total calculated
    $0
    Hours/week
    0.25
  • Chris Nichols

    BOARD MEMBER

    Total calculated
    $0
  • Teresa Verdugo

    BOARD MEMBER

    Total calculated
    $0
  • Jonathan Ziegner

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.25

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

  • THE LOUISE HOPKINS UNDERWOOD C

    $229,119

    OPERATIONAL SUPPORT

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
13 August 2026
IRS schema version
2024v5.0
Source object
202612259349301346

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