THROCKMORTON FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THROCKMORTON FOUNDATION (EIN 61-6288548)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2024-11-13
- IRS object ID
- 202443189349102434
- 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
- Form 990-PF
- Accounting Fees Schedule
- General Explanation Attachment
- 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 | 2024-11-13T03:01:55-00:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 352390688 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Select Fiduciary LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 420 | AddressLine1Txt |
| City | Rootstown | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44272 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 616288548 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Throckmorton Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THRO | BusinessNameControlTxt |
| Phone | 3302582394 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4481 Munson Street NW APT 200 | AddressLine1Txt |
| City | Canton | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44718 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mark A Mosley | PersonNm |
| Person Title | CoTrustee | PersonTitleTxt |
| Phone | 3302582394 | PhoneNum |
| Signature | 2024-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Robin L Riemenschneider | PreparerPersonNm |
| PTIN | P00074066 | PTIN |
| Phone | 3307770600 | PhoneNum |
| Preparation | 2024-11-11 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $8,258,831 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $142,175 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $142,175 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $686,423 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,689,036 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $686,423 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $828,598 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $828,598 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $20,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $1,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $19,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,550 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $775 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $775 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $74,994 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $74,994 | OtherProfFeesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $2,724 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $2,724 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $99,268 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $76,769 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $22,499 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $325,485 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $325,485 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $424,753 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $76,769 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $347,984 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $403,845 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $751,829 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $169,844 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $266,823 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $266,823 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $644,988 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $386,985 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $386,355 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $3,175,621 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,347,982 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,186,919 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,106,473 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,504,344 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,418,734 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $5,096,926 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,506,134 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $8,258,831 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $5,096,926 | CapitalStockBOYAmt |
| Capital Stock EOY | $5,506,134 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,096,926 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,506,134 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,096,926 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,506,134 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,096,926 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $403,845 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,363 | OtherIncreasesAmt |
| Subtotal | $5,506,134 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $5,506,134 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly Traded Securities | PropertyDesc |
| Gross Sales Price | $1,682,101 | GrossSalesPriceAmt |
| Cost Or Other Basis | $1,002,613 | CostOrOtherBasisAmt |
| Gain Or Loss | $679,488 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $679,488 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $686,423 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $10,450 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $10,450 | SubtotalAmt |
| Tax Based On Investment Income | $10,450 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,000 | TotalPaymentsAndCreditsAmt |
| Original Return Tax Paid | $1,000 | OriginalReturnTaxPaidAmt |
| Tax Due | $9,450 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OH | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | None | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Huntington National Bank | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3302582394 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4481 Munson St NW Suite 200 | AddressLine1Txt |
| City | Canton | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44718 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Neil A Maly | ||||||
| 953 Maple St | Tallmadge | OH | 44278 | Trustee | 002.00 | $10,000 |
| Mark A Mosley | ||||||
| 4481 Munson St NW Suite 200 | Canton | OH | 44718 | Trustee | 002.00 | $0 |
| Karen Watson | ||||||
| 421 S Foster Rd | Jackson Center | PA | 16133 | Trustee | 002.00 | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,404,169 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $249,526 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,653,695 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $7,653,695 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $114,805 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,538,890 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $376,945 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $376,945 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,450 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,450 | TotalTaxAmt |
| Distributable Before Adj | $366,495 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $366,495 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $366,495 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $347,984 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $347,984 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $366,495 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $230,718 | UndistributedIncomePYAmt |
| Qualifying Distributions | $347,984 | QualifyingDistributionsAmt |
| Applied To Year1 | $230,718 | AppliedToYear1Amt |
| Applied To Current Year | $117,266 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $249,229 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Mark A Mosley Huntington Natl Bank | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4481 Munson St NW Suite 200 | AddressLine1Txt |
| City | Canton | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44718 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3302582394 | RecipientPhoneNum |
| Form And Info And Materials | See attached statement | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | See attached statement | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (36 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Recipient RelationshipRecipientRelationshipTxt |
|---|---|---|---|---|---|---|---|
| Grove City College | |||||||
| 100 Campus Drive | Grove City | PA | 16127 | PC | Scholarship Fund | $225,000 | |
| Neomed | |||||||
| 4209 St Rt 44 | Rootstown | OH | 44272 | PC | Diversity Scholarship Fund | $35,000 | |
| Desmond Manley | |||||||
| Baldwin Wallace University | Berea | OH | 44017 | Scholarship | $4,500 | None | |
| Bryson Simpson | |||||||
| College of Wooster | Wooster | OH | 44691 | Scholarship | $3,000 | None | |
| Ayebainaemi Doibo | |||||||
| John Carroll University | University Heights | OH | 44118 | Scholarship | $1,500 | None | |
| Ishmael Shabazz | |||||||
| John Carroll University | University Heights | OH | 44118 | Scholarship | $2,500 | None | |
| Quincy Newsom | |||||||
| John Carroll University | University Heights | OH | 44118 | Scholarship | $1,500 | None | |
| Andre Craig | |||||||
| Kent State University | Kent | OH | 44240 | Scholarship | $3,000 | None | |
| Cassidy Phidd | |||||||
| Kent State University | Kent | OH | 44240 | Scholarship | $6,000 | None | |
| Cori Harper | |||||||
| Kent State University | Kent | OH | 44240 | Scholarship | $3,000 | None | |
| David Newton | |||||||
| Kent State University | Kent | OH | 44240 | Scholarship | $1,000 | None | |
| Ivory Kendrick | |||||||
| Kent State University | Kent | OH | 44240 | Scholarship | $6,000 | None | |
| Logan Yvonne | |||||||
| Kent State University | Kent | OH | 44240 | Scholarship | $1,500 | None | |
| Trevon Houston | |||||||
| Malone Univeristy | Canton | OH | 44709 | Scholarship | $2,000 | None | |
| Simone Burgess | |||||||
| Notre Dame College | South Euclid | OH | 44121 | Scholarship | $2,500 | None | |
| Dwight Ellis | |||||||
| University of Akron | Akron | OH | 44325 | Scholarship | $2,500 | None | |
| Teairsa Hamilton | |||||||
| University of Akron | Akron | OH | 44325 | Scholarship | $1,985 | None | |
| Alana Jackson-Tyus | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $1,000 | None | |
| Ammar Keswani | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $1,000 | None | |
| Angelo Jones | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $1,000 | None | |
| Anthony Shorts | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $2,000 | None | |
| Austin Forester | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $1,500 | None | |
| Darnell Williams | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $1,000 | None | |
| Giavonna Hill | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $1,000 | None | |
| Hanna Norton | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $1,500 | None | |
| Isaac Boyd | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $1,000 | None | |
| Jahdon Whimbush | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $1,000 | None | |
| Jordan Addison | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $1,500 | None | |
| Keyshawn Hackney | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $500 | None | |
| Kyree Long | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $1,000 | None | |
| Lucius Ivory | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $2,000 | None | |
| Marcus Steele | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $2,000 | None | |
| Saamia Wanzo | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $500 | None | |
| Shaun Harris | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $1,500 | None | |
| Shyanne Stevens | |||||||
| University of Mount Union | Alliance | OH | 44601 | Scholarship | $1,000 | None | |
| Reginald Floyd | |||||||
| Youngstown University | Youngstown | OH | 44555 | Scholarship | $1,000 | None | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $325,485 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $142,175 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $686,424 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $828,599 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $828,599 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Select Fiduciary | CategoryTxt |
| Amt | $1,550 | Amt |
| Net Investment Income | $775 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $775 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990-PF, Part XV, Line 2b - Application Format and Required Contents - Students must first be en | FormAndLineReferenceDesc |
| Medium Explanation | Form 990-PF, Part XV, Line 2b - Application Format and Required Contents - Students must first be enrolled in Grove City College or other colleges or universities in Eastern Ohio or Western Pennsylvania. The college, university or institution of higher education, through its ordinary and usual procedures, will determine economic need. The college, university, or institution of higher education will present to the trustees a list of candidates that meet the criteria or students may apply direct and provide the required information from the college, university or institution of higher education. Form 990-PF, Part XV, Line 2 d - Award Restrictions or Limitations - Scholarships are to be awarded to individuals of Native American or African American descent who demonstrate an economic need and a willingness to complete a higher education degree that will lead to a gainful career or vocation. All payments will be made directly to the college, university, or institution of higher education to be applied against tuition and other qualified expenses. Scholarships are awarded annually and can be renewed contingent upon maintaining the status of a full time student in good academic standing until graduation. Failure to meet the ongoing academic requirements will result in the forfeiture of any remaining undistributed portion of the scholarship. The educational institution will monitor the enrollment and academic standing of the recipients. If an insufficient number of candidates are available awards will be made to the general scholarship funds of Grove City College or other colleges located in Eastern Ohio or Western Pennsylvania. | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (13 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Air Products Chemicals 2.05 05/15/2030 | $99,499 | $85,502 |
| John Deere Capital Corp 4.95 07/14/2028 | $100,885 | $100,021 |
| Schwab Charles Corp 3.2 3/2/2027 | $150,634 | $142,871 |
| Texas Instruments 4.6 02/08/2029 | $150,276 | $148,979 |
| Bank of NY Mellon Corp 1.65 07/14/2028 | $98,604 | $88,286 |
| Waste Management 4.875 02/15/2029 | $199,834 | $199,435 |
| Costco Wholesale Corp 1.375 6/20/2027 | $101,178 | $90,825 |
| Emerson Electric 1.8 | $99,148 | $91,157 |
| PPG Industries 1.2 03/15/2026 | $99,714 | $93,080 |
| Paypal Holdings 2.65 10/01/2026 | $102,070 | $94,660 |
| Realty Income Corp 3.875 7/15/2024 | $100,760 | $99,925 |
| Public Storage 2.3 05/01/2031 | $101,531 | $84,302 |
| Caterpillar Finl Service 4.9 01/17/2025 | $100,211 | $99,691 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (52 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Analog Devices | $75,959 | $112,760 |
| IShares SP Small-Cap 600 Index | $86,536 | $173,856 |
| Apple | $20,700 | $169,760 |
| Chevron | $72,369 | $105,584 |
| Danaher | $36,347 | $86,198 |
| Broadcom | $25,348 | $123,626 |
| Honeywell | $49,127 | $100,791 |
| Electronic Arts | $85,116 | $91,540 |
| JP Morgan Chase | $38,959 | $117,715 |
| Johnson Johnson | $66,248 | $95,589 |
| Nike | $10,375 | $48,086 |
| Meta Platforms | $54,491 | $167,905 |
| Pepsico | $45,731 | $83,125 |
| Procter Gamble | $77,436 | $102,415 |
| Thermo Fisher Scientific | $24,278 | $95,116 |
| Tennessee Valley Authority Pfd 3.36 05/01/2029 | $50,992 | $44,260 |
| Walmart Stores | $65,881 | $111,586 |
| Tennessee Valley Authority Pfd 3.55 06/01/2028 | $46,960 | $45,500 |
| Accenture Place | $15,218 | $109,531 |
| Union Pacific | $36,437 | $92,767 |
| Automatic Data Processing | $38,871 | $114,094 |
| Berkshire Hathaway Inc CL B | $30,339 | $100,073 |
| TJX Companies | $71,210 | $77,070 |
| Intuitive Surgical | $55,325 | $114,771 |
| IShares Core SP Mid-Cap ETF | $186,157 | $380,029 |
| Nvidia | $21,632 | $206,312 |
| Prologis | $55,513 | $64,129 |
| Blackrock Inc | $39,953 | $101,564 |
| Crown Castle Intl | $95,625 | $98,872 |
| Abbott Laboratories | $46,230 | $96,740 |
| Alphabet Inc Cl A | $23,893 | $142,077 |
| Microsoft | $17,399 | $162,690 |
| Visa Inc Class A | $39,122 | $96,326 |
| IShares US Utilities ETF | $145,092 | $221,106 |
| Sherwin Williams | $30,811 | $94,602 |
| Amazon.com Inc | $42,725 | $153,441 |
| Adobe Systems | $65,094 | $111,108 |
| T-Mobile | $34,341 | $105,532 |
| Mastercard Inc Cl A | $38,305 | $97,938 |
| Salesforce.Com Inc | $42,237 | $92,556 |
| Zoetis Inc | $121,638 | $102,282 |
| Linde Public Limited | $28,376 | $102,243 |
| Ecolab | $84,923 | $102,816 |
| American Europacific Growth | $281,825 | $373,578 |
| SPDR SP Regional Banking ETF | $69,225 | $73,650 |
| Costco Wholesale | $86,305 | $112,199 |
| Valero Energy | $99,776 | $98,445 |
| Merck Co | $98,681 | $95,697 |
| Vertex Pharmaceutical | $99,606 | $115,305 |
| Parker Hannifin | $101,224 | $93,069 |
| Eaton Corp | $71,914 | $100,336 |
| Servicenow | $100,107 | $108,559 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $286,985 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $291,412 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $100,000 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $94,943 | StateLocalSecEOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| State Filing fee | $200 | $200 |
| Insurance | $2,524 | $2,524 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Excise Tax Refund | Desc |
| Amt | $5,363 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Huntington National Bank - Investment | CategoryTxt |
| Amt | $74,994 | Amt |
| Net Investment Income | $74,994 | NetInvestmentIncomeAmt |
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