Form 990 for tax year 2025

Totals

Total revenue

$649,225

Total expenses

$649,653

Contributions and grants received

$0

Grants paid

$649,225

Program service revenue

$0

Investment income

$649,225

Other revenue

$0

Total assets, end of year

$19,964,455

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$19,964,455

Program services expenses (Part IX)

$649,225

Management and general expenses

$428

Fundraising expenses

$0

Program service expenses (Part III)

$649,225

Program services were 99.9% 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.

Mission and programs · 2025

• THE FOUNDATION SPENDS 100% OF ITS TIME ON ACTIVITIES RELATED TO MAKING CONTRIBUTIONS EQUALLY TO BEREA COLLEGE AND SHAKERTOWN. PURSUANT TO THE FOUNDATION'S ARTICLES, THE CONTRIBUTIONS ARE TO BE USED BY THE RESPECTIVE RECIPIENT AS FOLLOWS: ALL CONTRIBUTIONS MADE TO BEREA COLLEGE SHALL BE USED EXCLUSIVELY BY BEREA COLLEGE TO SUPPORT THE PRESERVATION, CONSERVATION, MANAGEMENT, EXPANSIONS, AND CONTINUED SUSTAINABILITY OF THE COLLEGE FOREST OWNED AND OPERATED BY BEREA COLLECE, WHICH SHALL INCLUDE, BUT NOT BE LIMITED TO, ESTABLISHING AND MAINTAINING ANY INFRASTRUCTURE IN AND DIRECTLY SERVING THE COLLEGE FOREST. ALL CONTRIBUTIONS MADE TO SHAKERTOWN SHALL BE USED EXCLUSIVELY BY SHAKERTOWN TO SUPPORT THE PRESERVATION, CONSERVATION, MANAGEMENT, EXPANSION, AND CONTINUED SUSTAINABILITY OF THE LAND, PLANTS, AND FOREST OWNED AND OPERATED BY SHAKERTOWN, WHICH SHALL INCLUDE, BUT NOT BE LIMITED TO, ESTABLISHING AND MAINTAINING ANY INFRASTRUCTURE IN AND DIRECTLY SERVING THE LAND AND FOREST OWNED AND OPERATED BY SHAKERTOWN.

  Expenses $649,225 · Grants $649,225

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• BEREA COLLEGE

  $324,613

• SHAKERTOWN AT PLEASANT HILL

  $324,612

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.

• BEREA COLLEGE

  501C3 · EDUCATION · KY

• SHAKERTOWN AT PLEASANT HILL KENTUCKY INC

  501C3 · PRESERVATI · KY

Provenance

Return type

form_990

Tax year

2025

Filed

6 August 2026

IRS schema version

2025v4.0

Source object

202612239349301916

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