Form 990 for tax year 2024
Filed by FRED M VAN ECK FOREST FOUNDATION FOR PURDUE UNIVERSITY.
Totals
- Total revenue
- $4,106,280
- Total expenses
- $4,329,416
- Contributions and grants received
- $80,176
- Grants paid
- $141,682
- Program service revenue
- $3,867,103
- Investment income
- $134,030
- Other revenue
- $24,971
- Total assets, end of year
- $21,611,139
- Total liabilities, end of year
- $622,056
- Net assets or fund balances, end of year
- $20,989,083
- Program services expenses (Part IX)
- $3,820,430
- Management and general expenses
- $508,986
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,820,430
Program services were 88.2% 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
$80,176
-
2a · Program service revenue: Timber Harvesting
total $3,867,103 · related or exempt $3,867,103
-
3 · Investment income
total $134,030 · excluded $134,030
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $24,971
-
6c · Rental income or loss
real property $24,971
-
6d · Net rental income or loss
total $24,971 · excluded $24,971
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $141,682 · program services $141,682
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $366,903 · management and general $366,903
-
11b · Fees: legal
total $15,491 · management and general $15,491
-
11c · Fees: accounting
total $27,190 · management and general $27,190
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $26,210 · management and general $26,210
-
11g · Fees: other
total $297,219 · program services $297,219
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $73,192 · management and general $73,192
-
24a · Other expenses: Logging Expense
total $1,823,404 · program services $1,823,404
-
24b · Other expenses: Hauling Expenses
total $795,442 · program services $795,442
-
24c · Other expenses: Road Maint. and Construction
total $363,988 · program services $363,988
-
24d · Other expenses: Silviculture - Reforestation
total $79,146 · program services $79,146
-
24e · All other expenses
total $319,549 · program services $319,549
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,030,380 · end of year $560,989
-
2 · Savings and temporary cash investments
beginning of year $2,781 · end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $52,912 · end of year $506
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $3,729,247 · end of year $4,149,644
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $16,900,000 · end of year $16,900,000
-
17 · Accounts payable and accrued expenses
beginning of year $266,883 · end of year $149,416
-
18 · Grants payable
beginning of year $576,734 · end of year $141,682
-
25 · Other liabilities
end of year $330,958
-
27 · Net assets without donor restrictions
beginning of year $4,771,703 · end of year $4,889,083
-
28 · Net assets with donor restrictions
beginning of year $16,100,000 · end of year $16,100,000
Mission and programs · 2024
Mission
To hold and protect the California and Oregon van Eck forests to the benefit of future generations, and that their management as commercial forests for the benefit of Purdue University's hardwood tree improvement research, should reflect due regard to environmental and wildlife considerations.
-
Provided support to Purdue University to conduct scientific research on genetic improvements of North American hardwood tree species, while protecting environmental and wildlife habitat through conservation easements held and managed by Pacific Forest Trust.
Expenses $3,820,430 · Grants $141,682 · Revenue $3,867,103
As filed on the 2024 return.
Listed in Part VII
-
Laurie A Wayburn
Trustee
- Total calculated
- $274,637
- From this org
- $0
- From related orgs
- $240,083
- Other
- $34,554
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $240,083 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $34,554 related
- Filer's total
- not reported + $274,637 related
-
Zhao Ma
Trustee
- Total calculated
- $231,583
- From this org
- $0
- From related orgs
- $231,583
- Other
- $0
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $231,583 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $231,583 related
-
Cynthia van Eck
Trustee/Chair
- 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. 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
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
-
$141,682
Scientific Research
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.
-
501(c)(3) · Forest Conservation · CA
-
Purdue University Dept of Forestry
501(c)(3) · Scientific Research · IN
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
Fred M Van Eck Forest Fdn CA LLC
Forestry · CA · income $266,345 · assets $9,886,098
Directly controlled by NA
-
Fred M Van Eck Forest Fdn OR LLC
Forestry · OR · income -$91,118 · assets $7,548,402
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503219349326415
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