THE TIMOTHY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE TIMOTHY FOUNDATION (EIN 81-1575495)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-11
IRS object ID
202433169349100738
Schema version
2023v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-11T09:31:28-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Sullivan Bleakley & Co LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1910 Darby Road Suite 100AddressLine1Txt
CityHavertownCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19083ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN811575495EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE TIMOTHY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% ROBERT C PERKINSInCareOfNm
Business Name ControlTIMOBusinessNameControlTxt
Phone6106950601PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1130 LENAPE DRIVEAddressLine1Txt
CityBERWYNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19312ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT PERKINSPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone6106950601PhoneNum
Signature2024-11-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWilliam Spingler JRPreparerPersonNm
PTINP00748092PTIN
Phone6105658810PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$58,933FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$353,857ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$353,857TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$50,000CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss$435AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$30,961OtherProfFeesRevAndExpnssAmt
Interest Rev And Expnss$9,530InterestRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$4,372TravConfMeetingRevAndExpnssAmt
Other Expenses Rev And Expnss$220,302OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$1,960OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$315,600TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,960TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$315,600TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$1,960TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$38,257ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$20,676CashBOYAmt
Cash EOY$58,933CashEOYAmt
Cash EOYFMV$58,933CashEOYFMVAmt
Total Assets BOY$20,676TotalAssetsBOYAmt
Total Assets EOY$58,933TotalAssetsEOYAmt
Total Assets EOYFMV$58,933TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$20,676NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$58,933NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$20,676TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$58,933TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$20,676TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$58,933TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$20,676TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$38,257ExcessRevenueOverExpensesAmt
Subtotal$58,933SubtotalAmt
Tot Net Ast Or Fund Balances EOY$58,933TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Subtotal$0SubtotalAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$0TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen0Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website Addressthetimothyfoundation.comWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1ROBERT C PERKINSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6106950601PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1130 LENAPE DRIVEAddressLine1Txt
CityBERWYNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19312ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonROBERT C PERKINSPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1130 LENAPE DRIVEAddressLine1Txt
CityBERWYNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19312ZIPCd
FieldValueIRS element (for citing)
TitleEXECUTIVE DIRECTORTitleTxt
Average Hrs Per Wk Devoted To Pos20.0AverageHrsPerWkDevotedToPosRt
Compensation$50,000CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$39,804AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$39,804TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$39,804AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$597CashDeemedCharitableAmt
Net Vl Noncharitable Assets$39,207NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,960MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,960MinimumInvestmentReturnAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$1,960DistributableBeforeAdjAmt
Distributable Before Ded$1,960DistributableBeforeDedAmt
Distributable As Adjusted$1,960DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,960ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$1,960QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,960DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Prior Year12021PriorYear1Yr
Prior Year22020PriorYear2Yr
Prior Year32019PriorYear3Yr
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr2$99ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$99TotalExcessDistributionCyovAmt
Qualifying Distributions$1,960QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Current Year$1,960AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Total Corpus$99TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$99ExcessDistriCyovToNextYrAmt
Excess From Year2$99ExcessFromYear2Amt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonROBERT C PERKINSRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1130 LENAPE DRIVEAddressLine1Txt
CityBERWYNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19312ZIPCd
FieldValueIRS element (for citing)
Recipient Phone6106950601RecipientPhoneNum

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp
Dividends And Interest From Sec DtlDividendsAndInterestFromSecDtl
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$353,857RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$353,857TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (16 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndAddress Line1ContributorForeignAddress/AddressLine1TxtCityContributorForeignAddress/CityNmProvince Or StateContributorForeignAddress/ProvinceOrStateNmCountryContributorForeignAddress/CountryCdForeign PostalContributorForeignAddress/ForeignPostalCd
HERM ADAMS
1108 BRISBANE DRIVECHESTERFIELDMO63017$12,500Yes (X)
BOB PERKINS CONSULTING
2130 LENAPE DRIVEBERWYNPA19312$20,000Yes (X)
BABYLON FOUNDATION
325 S CHARLES STREET SUITE 2015BALTIMOREPA19312$50,000Yes (X)
THE COOK FAMILY CHARITABLE FUND
4211 MAIN STREETSAN FRANCISCOCA94105$5,000Yes (X)
PAULA KEINATH
512342 CRREKHAVEN DRIVEST LOUISMO63131$51,800Yes (X)
MICHAEL MCNAMARA
61112 LAFAYETTE ROADWAYNEPA19087$40,000Yes (X)
JOHN NANETTE BALLBACH
7415 BOXWOOD ROADBRYN MAWRPA19010$10,000Yes (X)
VERN HEATHER BURLING
8313 DEVON STATE ROADDEVONPA19333$5,000Yes (X)
CHRIS NINA CAMPAGNA
9109 REYNARD DRIVELANDENBERGPA19350$7,500Yes (X)
TOM ALICE SHUPE
107425 HAYWOOD OAKS DRIVERALEIGHNC27613$16,000Yes (X)
DEREK KALEE RYAN
11146 WARWICK CHASEPOTTSTOWNPA19465$20,000Yes (X)
BRAD DUNHAM
12218 W HOPEWELL ROADCENTER VALLEYPA18034$5,000Yes (X)
MATT KIM KANE
1338 RABBIT RUN ROADMALVERNPA19355$20,000Yes (X)
MICHAEL DAWN SAMBROOK
14$8,333Yes (X)21108-43A AVENUELANGLYBRITISH COLUMBIACAV3A 8L8
REILLY KATIE FLYNN
155275 SKY TRAIL DRIVEBOW MARCA80123$5,880Yes (X)
WILLIAM MISSY HOSTETTER
16102 STREET ROADOXFORDPA19363$5,000Yes (X)

Depreciation Schedule DepreciationSchedule

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
TRAINING EXPENSES$199,151$1,960
OFFICE EXPENSES$3,749
MARKETING & PROMOTION$10,657
RECRUITING$4,459
EXPENSE REIMBURSEMENT$1,002
INSURANCE$1,284

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescCONFERENCEDesc

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryCONSULTINGCategoryTxt
Amt$30,961Amt

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