VALENTINE FOUNDATION INC: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- VALENTINE FOUNDATION INC (EIN 88-1296442)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-06-25
- IRS object ID
- 202601769349100750
- Schema version
- 2025v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-06-25T07:22:37-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 394946450 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOWERS ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 W WASHINGTON ST SUITE 500 | AddressLine1Txt |
| City | SYRACUSE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 881296442 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE VALENTINE FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VALE | BusinessNameControlTxt |
| Phone | 8655679911 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 422 W CUMBERLAND AVENUE | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 379022301 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER V CLAUSSEN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8655259400 | PhoneNum |
| Signature | 2026-06-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD I FARLEY JR CPA | PreparerPersonNm |
| PTIN | P01083459 | PTIN |
| Phone | 3152341100 | PhoneNum |
| Preparation | 2026-06-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $919,276 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $905 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $905 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $19,093 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $19,093 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $20,186 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $210,785 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $20,186 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $40,184 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $40,184 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,200 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $2,200 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $4,465 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,465 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,333 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $200 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $3,500 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,500 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $11,498 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,665 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,700 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $77,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $77,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $88,998 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,665 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $83,200 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$48,814 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $35,519 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $76,049 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $41,506 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $41,506 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $121,964 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $122,379 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $123,328 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $196,837 | CorporateStockBOYAmt |
| Corporate Stock EOY | $223,802 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $289,576 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $450,933 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $410,719 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $464,866 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $845,783 | TotalAssetsBOYAmt |
| Total Assets EOY | $798,406 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $919,276 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $845,783 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $798,406 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $845,783 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $798,406 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $845,783 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $798,406 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $845,783 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$48,814 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,437 | OtherIncreasesAmt |
| Subtotal | $798,406 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $798,406 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $146,615 | $146,615 | $73 | $73 | |
| PUBLICLY TRADED SECURITIES | $50 | $50 | $0 | $0 | |
| PUBLICLY TRADED SECURITIES | $62,595 | $44,007 | $18,588 | $18,588 | |
| CAPITAL GAINS DIVIDENDS | $1,525 | $1,525 | $1,525 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $20,186 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $494 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $494 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $494 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $600 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $150 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $750 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $256 | OverpaymentAmt |
| Applied To ES Tax | $256 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.THEVALENTINEFOUNDATION.COM | WebsiteAddressTxt |
| Individual With Books | PETER CLAUSSEN JR | IndividualWithBooksNm |
| Phone | 8655259400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 422 W CUMBERLAND AVENUE | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 379022301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| PETER CLAUSSEN JR | ||||||||
| 2413 ALCOA HIGHWAY | KNOXVILLE | TN | 37920 | PRESIDENT & SECRETARY | 5.00 | $0 | $0 | $0 |
| BRYAN WILSON | ||||||||
| 4320 HIAWATHA DRIVE | KNOXVILLE | TN | 37919 | SECRETARY | 0.50 | $0 | $0 | $0 |
| SEEMAH SINGH | ||||||||
| 1012 WEST PARK DRIVE | KNOXVILLE | TN | 37919 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| MARY KATHERINE WORMSLEY | ||||||||
| 422 W CUMBERLAND AVE | KNOXVILLE | TN | 37902 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| TAMMY WHITE | ||||||||
| 422 W CUMBERLAND AVE | KNOXVILLE | TN | 37902 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $856,085 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $9,983 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $866,068 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $866,068 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $12,991 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $853,077 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $42,654 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $42,654 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $494 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $494 | TotalTaxAmt |
| Distributable Before Adj | $42,160 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $42,160 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $42,160 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $83,200 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $83,200 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $42,160 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $2,036 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $2,036 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $83,200 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $42,160 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $41,040 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $43,076 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $43,076 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $2,036 | ExcessFromYear2Amt |
| Excess From Current Year | $41,040 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | PETER CLAUSSEN JR | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PETER CLAUSSEN JR | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 422 W CUMBERLAND AVENUE | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 379022301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 8655259400 | RecipientPhoneNum |
| Recipient Email Address | WWW.VALENTINE-FOUNDATION.ORG | RecipientEmailAddressTxt |
| Form And Info And Materials | N/A | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | N/A | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ALANO CLUB OF KNOXVILLE | ||||||
| 710 MARYVILLE PIKE | KNOXVILLE | TN | 37920 | PC | FUNDING FOR THE OUTDOOR CONSTRUCTION OF A FLATIRON FACILITY. | $15,000 |
| BOYS AND GIRLS CLUB OF THE TENNESSEE VALLEY | ||||||
| 967 IRWIN STREET | KNOXVILLE | TN | 37917 | PC | PARTIAL FUNDING OF THE PAINTING PROJECT. | $10,000 |
| CONNECT MINISTRIES | ||||||
| 3615 MARTIN LUTHER KING JR AVE | KNOXVILLE | TN | 37914 | PC | PARTIAL FUNDING FOR ASSISTANCE IN PURCHASING NEW LAPTOPS AND COMPUTER EQUIPMENT. | $10,000 |
| CARE CUTS | ||||||
| 519 WILLIAMS STREET | KNOXVILLE | TN | 37917 | PC | GENERAL OPERATING FUNDING. | $10,000 |
| KNOXVILLE HABITAT FOR HUMANITY | ||||||
| 1501 WASHINGTON ACE | KNOXVILLE | TN | 37917 | PC | PARTIAL FUNDING OF CONSTRUCTION PHASE 1 OF THE PLAINS, INCLUDING SITE CLEARING AND EROSION CONTROL. | $5,000 |
| KNOXVILLE LEADERSHIP FOUNDATION | ||||||
| 318 NORTH GAY ST SUITE 210 | KNOXVILLE | TN | 37917 | PC | PARTIAL FUNDING OF THE RENOVATION PROJECT ON THE HISTORIC SWAN BAKERY BUILDING. | $15,000 |
| OLIVE TREE EARLY LEARNING ACADEMY | ||||||
| 5311 MCKAMEY RD | KNOXVILLE | TN | 37921 | PC | GENERAL OPERATING FUNDING. | $10,000 |
| THE CHANGE CENTER | ||||||
| 230 HARRIET TUBMAN STREET | KNOXVILLE | TN | 37915 | PC | CAPITAL PROJECT. | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $77,500 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BOYS AND GIRLS CLUB OF THE TENNESSEE VALLEY | ||||||
| 967 IRWIN STREET | KNOXVILLE | TN | 37917 | PC | PARTIAL FUNDING OF ASBESTOS REMEDIATION PROJECT. | $7,500 |
| KNOX COUNTY ASSOCIATION OF BAPTISTS | ||||||
| PO BOX 11028 | KNOXVILLE | TN | 37939 | PC | PARTIAL FUNDING OF ROOF PROJECT. | $5,000 |
| SHANGRI LA THERAPEUTIC ACADEMY OF RIDING INC | ||||||
| 11800 US 11 EAST | LENOIR CITY | TN | 37917 | PC | PARTIAL FUNDING TO ASSIST IN THE PURCHASE OF A NEW TRUCK FOR THE ORGANIZATION. | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $17,500 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $905 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $19,093 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $20,186 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $40,184 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $40,184 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1 | LineNumberTxt |
| Relationship Statement | ALLOWS THE ORGANIZATION MORE CASH TO CONTRIBUTE TO OTHER ORGANIZATIONS | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $2,200 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $2,200 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (12 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FULLERTHALER BEHAVIORAL | $32,566 | $36,337 |
| GS GQG PARTNERS | $29,310 | $32,851 |
| INVESCO S&P SMLCAP 600 R | $4,746 | $5,700 |
| ISHARES BROAD USD INVST | $74,783 | $76,516 |
| ISHARES INC CORE MSCI | $13,529 | $17,007 |
| ISHARES TR CORE MSCI EAF | $13,743 | $16,461 |
| MFS INTERNATIONAL DIVERS | $21,591 | $24,887 |
| VANGUARD SMALL CAP | $12,610 | $14,703 |
| VANGUARD VALUE ETF | $71,541 | $84,991 |
| VANGUARD GROWTH ETF | $48,666 | $65,861 |
| VANGUARD MORTGAGE-BACKED | $68,587 | $70,714 |
| VANGUARD TOTAL INTERNATL | $19,047 | $18,838 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (45 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC SHS | $5,097 | $5,941 |
| AGNICO EAGLE MINES LTD | $823 | $2,034 |
| ALPHABET INC SHS CL A | $9,220 | $16,589 |
| AMAZON COM INC COM | $6,511 | $8,079 |
| AMPHENOL CORP CL A NEW | $3,039 | $6,081 |
| APPLE INC | $16,233 | $21,477 |
| BANK NEW YORK MELLON | $3,968 | $5,224 |
| BLACKROCK INC REG SHS | $5,165 | $6,422 |
| BOSTON SCIENTIFIC CORP | $4,217 | $4,386 |
| BROADCOM INC | $4,272 | $8,306 |
| CENCORA INC | $2,266 | $3,378 |
| CONOCOPHILLIPS | $2,873 | $2,621 |
| COSTCO WHOLESALE CRP DEL | $4,972 | $5,174 |
| DELL TECHNOLOGIES INC | $5,205 | $4,280 |
| DICKS SPORTING GOODS INC | $2,943 | $2,574 |
| ELI LILLY & CO | $6,539 | $8,597 |
| ENTERGY CORP NEW | $2,831 | $3,882 |
| EXXON MOBIL CORP COM | $7,822 | $8,183 |
| FERRARI NV | $3,717 | $3,326 |
| GOLDMAN SACHS GROUP INC | $5,057 | $6,153 |
| HILTON WORLDWIDE | $2,336 | $3,160 |
| HOME DEPOT INC | $4,545 | $4,473 |
| HOWMET AEROSPACE INC | $2,071 | $4,510 |
| JOHNSON CONTROLS INTER | $2,711 | $4,191 |
| JPMORGAN CHASE & CO | $6,596 | $10,311 |
| LIVE NATION ENT INC | $2,567 | $2,565 |
| MARTIN MARIETTA MATLS | $4,020 | $4,359 |
| META PLATFORMS INC | $6,478 | $5,941 |
| MICROSOFT CORP | $17,965 | $20,312 |
| NETFLIX COM INC | $3,539 | $4,782 |
| NVIDIA | $11,898 | $19,210 |
| PALO ALTO NETWORKS INC | $4,525 | $4,789 |
| PARKER HANNIFIN CORP | $5,468 | $8,790 |
| PROCTER & GAMBLE CO | $4,828 | $4,156 |
| PROGRESSIVE CRP OHIO | $3,471 | $3,644 |
| ROSS STORES INC COM | $4,413 | $5,584 |
| S&P GLOBAL INC | $4,154 | $4,703 |
| TESLA INC | $2,583 | $4,497 |
| THERMO FISHER SCIENTIFIC | $3,982 | $4,636 |
| UNION PACIFIC CORP | $3,709 | $3,701 |
| VERIZON COMMUNICATNS COM | $4,516 | $4,236 |
| VISA INC CL A SHRS | $6,193 | $7,365 |
| WALMART INC | $4,712 | $7,464 |
| WELLTOWER INC | $2,833 | $5,011 |
| WSTN DIGITAL CORP DEL | $919 | $4,479 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $122,379 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $123,328 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | WEBSITE DEVELOPTMENT | Desc |
| Revenue And Expenses Per Books | $3,500 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $3,500 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN ON INVESTMENTS | Desc |
| Amt | $1,437 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $4,465 | Amt |
| Net Investment Income | $4,465 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT INCOME TAX | $1,133 | $0 | $0 | $0 |
| FOREIGN TAXES | $200 | $200 | $0 | $0 |
Comments