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Nonprofiteer
← LIVING STONES FOUNDATION CHARITABLE TR

Form 990 for tax year 2023

Filed by LIVING STONES FOUNDATION CHARITABLE TR.

Totals

Total revenue
$8,235,986
Total expenses
$1,680,537
Contributions and grants received
$7,534,649
Grants paid
$1,450,000
Program service revenue
$0
Investment income
$382,894
Other revenue
$318,443
Total assets, end of year
$30,442,146
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$30,442,146
Program services expenses (Part IX)
$1,450,000
Management and general expenses
$230,537
Fundraising expenses
$0
Program service expenses (Part III)
$1,450,000

Program services were 86.3% 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.

  • 1f · All other contributions, gifts and grants

    $7,534,649

  • 1g · Noncash contributions included above

    $7,266,416

  • 3 · Investment income

    total $434,573 · excluded $434,573

  • 7a · Gross sales of assets other than inventory

    securities $315,276

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

    securities $366,955

  • 7c · Gain or loss

    securities -$51,679

  • 7d · Net gain or loss

    total -$51,679 · excluded -$51,679

  • 11a · Other revenue: INVESTMENT PARTNERSHIP

    total $318,113 · unrelated business $28,653 · excluded $289,460

  • 11b · Other revenue: TAX REFUNDS FROM 990-T

    total $330 · excluded $330

  • 11e · Other revenue, total

    $318,443

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,410,000 · program services $1,410,000

  • 3 · Grants to foreign organizations and individuals

    total $40,000 · program services $40,000

  • 11c · Fees: accounting

    total $42,443 · management and general $42,443

  • 11f · Fees: investment management

    total $11,250 · management and general $11,250

  • 13 · Office expenses

    total $4,594 · management and general $4,594

  • 14 · Information technology

    total $10,412 · management and general $10,412

  • 16 · Occupancy

    total $134,991 · management and general $134,991

  • 17 · Travel

    total $6,834 · management and general $6,834

  • 19 · Conferences, conventions and meetings

    total $43 · management and general $43

  • 22 · Depreciation, depletion and amortization

    total $9,159 · management and general $9,159

  • 23 · Insurance

    total $1,575 · management and general $1,575

  • 24a · Other expenses: FOREIGN TAX WITHHELD

    total $3,295 · management and general $3,295

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $2,154 · management and general $2,154

  • 24c · Other expenses: MEETING MEALS

    total $1,947 · management and general $1,947

  • 24d · Other expenses: BANK CHARGES

    total $1,756 · management and general $1,756

  • 24e · All other expenses

    total $84 · management and general $84

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $317,970 · end of year $71,215

  • 2 · Savings and temporary cash investments

    beginning of year $411,575 · end of year $278,309

  • 7 · Other notes and loans receivable

    beginning of year $750,000 · end of year $750,000

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

    $84,084

  • 10b · Land, buildings and equipment: accumulated depreciation

    $46,838

  • 10c · Land, buildings and equipment, net

    beginning of year $46,405 · end of year $37,246

  • 12 · Investments: other securities

    beginning of year $23,937,587 · end of year $29,294,879

  • 15 · Other assets

    beginning of year $10,497 · end of year $10,497

  • 27 · Net assets without donor restrictions

    beginning of year $25,474,034 · end of year $30,442,146

Mission and programs · 2023

Mission

TO SUPPORT, OR CARRY OUT THE PURPOSES OF, THE CLASS OF 501(C)(3), 509(A)(1), & 509(A)(2) ORGANIZATIONS (THE "SUPPORTED CLASS") THAT PROMOTE/PERFORM EDUCATION AND/OR CHRISTIAN ACTIVITIES, INCLUDING (BUT NOT LIMITED TO) CHRISTIAN EVANGELISM, EDIFICATION AND STEWARDSHIP.

Activities or mission (Part I)

SUPPORT OF A CLASS OF CHARITIES PROMOTING EDUCATIONAL AND/OR CHRISTIAN ACTIVITIES.

  • PROVIDE OPERATING FUNDS FOR 3 CHRISTIAN CHARITIES INVOLVED IN EFFORTS TO SUPPORT FAMILY VALUES. THESE ORGANIZATIONS ARE OPERATING IN THE SUPPORTED CLASS OF 501(C)(3) AND 509(A)(1) ORGANIZATIONS SUPPORTED BY THIS 509(A)(3) SUPPORTING ORGANIZATION. IN 2023, GRANTS WERE MADE TO MILITARY COMMUNITY YOUTH MINISTRIES, CONCERNED WOMEN OF AMERICA, AND WATERSTONE.

    Expenses $430,000 · Grants $430,000

  • PROVIDE OPERATING FUNDS FOR 6 CHRISTIAN CHARITIES INVOLVED IN LOCAL AND INTERNATIONAL EVANGELISM AND DISCIPLESHIP EFFORTS. ALL ARE OPERATING IN THE SUPPORTED CLASS OF THIS 509(A)(3) SUPPORTING ORGANIZATION. IN 2023, GRANTS WERE MADE TO NEW GENERATIONS, LUIS PALAU EVANGELISTIC ASSOCIATION, NATIONAL CENTER FOR HEALTHY VETERANS, FULLNESS OF GLORY MINISTRIES, LANCE WALLNAU MINISTRIES INC (FOR FURNISHING FAMILIES OF TEXAS), AND A FOREIGN CHURCH ORGANIZATION (ASOCIACION NUNC COEPI).

    Expenses $650,000 · Grants $650,000

  • PROVIDE OPERATING FUNDS FOR 5 CHRISTIAN CHARITIES WORKING IN THE AREA OF FAITH & WORK. THESE ORGANIZATIONS ARE OPERATING IN THE SUPPORTED CLASS OF 501(C)(3) AND 509(A)(1) ORGANIZATIONS SUPPORTED BY THIS 509(A)(3) SUPPORTING ORGANIZATION. IN 2023, GRANTS WERE MADE TO INTERVARSITY CHRISTIAN FELLOWSHIP, MADE TO FLOURISH, OPTIONS UNITED, DENVER INSTITUTE FOR FAITH & WORK, AND INTERNATIONAL GENEROSITY FOUNDATION TRUST.

    Expenses $195,000 · Grants $195,000

  • PROVIDE OPERATING FUNDS FOR 3 CHRISTIAN CHARITIES WORKING IN THE AREA OF RELIEF EFFORTS. THESE ORGANIZATIONS ARE OPERATING IN THE SUPPORTED CLASS OF 501(C)(3) AND 509(A)(1) ORGANIZATIONS SUPPORTED BY THIS 509(A)(3) SUPPORTING ORGANIZATION. IN 2023, GRANTS WERE MADE TO WATERSTONE, SAMARITAN'S PURSE, AND MESSIANIC JEWISH ALLIANCE OF AMERICA.

    Expenses $175,000 · Grants $175,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kenneth A Eldred

    TRUSTEE - CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

  • Kary N Eldred

    TRUSTEE - PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Justinrachel Eldred

    TRUSTEE - TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Roberta E Eldred

    TRUSTEE - SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Monica I Eldred

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John B Mumford

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • David A Seeba

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Doug Kiesewetter

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Deborah Kiesewetter

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Dena Wren Mumford

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

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 10 largest by cash amount. The API serves every itemized grant.

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
2023
Filed
5 November 2024
IRS schema version
2023v5.1
Source object
202403129349304405

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

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