MARY ELLEN & LYNN LIBBY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: MARY ELLEN & LYNN LIBBY FOUNDATION (EIN 87-4098738)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-05-14
IRS object ID: 202511349349100026
Schema version: 2024v5.0
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
Gain Loss Sale Other Assets Sch
Investments Other Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-05-14T08:46:38-04:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	854070141	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WHITE RUDY LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	436 CLOVERLEAF ROAD	AddressLine1Txt
City	ELIZABETHTOWN	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	170229614	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	874098738	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MARY ELLEN & LYNN LIBBY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MARY	BusinessNameControlTxt
Phone	7172034827	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	231 PROSPECT ROAD	AddressLine1Txt
City	ELIZABETHTOWN	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	17022	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARY ELLEN LIBBY	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7172034827	PhoneNum
Signature	2025-05-13	SignatureDt

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	PHILIP O RUDY	PreparerPersonNm
PTIN	P00852929	PTIN
Phone	7173674820	PhoneNum
Preparation	2025-05-14	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	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	$66,962	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	$91,620	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$91,620	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$91,620	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	-$21,623	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$280,799	GrossSalesPriceAmt
Total Rev And Expnss	$69,997	TotalRevAndExpnssAmt
Total Net Invst Incm	$91,620	TotalNetInvstIncmAmt
Total Adj Net Incm	$91,620	TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss	$1,100	AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps	$1,100	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$16,739	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$16,739	OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss	$4,211	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$2,931	TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$22,050	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$19,670	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$1,100	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$102,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$102,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$124,050	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$19,670	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$103,100	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$54,053	ExcessRevenueOverExpensesAmt
Net Investment Income	$71,950	NetInvestmentIncomeAmt
Adjusted Net Income	$91,620	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$97,271	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$66,962	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$66,962	SavAndTempCashInvstEOYFMVAmt
Other Investments BOY	$2,534,993	OtherInvestmentsBOYAmt
Other Investments EOY	$2,738,043	OtherInvestmentsEOYAmt
Total Assets BOY	$2,632,264	TotalAssetsBOYAmt
Total Assets EOY	$2,805,005	TotalAssetsEOYAmt
Total Assets EOYFMV	$66,962	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$2,632,264	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$2,805,005	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$2,632,264	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$2,805,005	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$2,632,264	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,805,005	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$2,632,264	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$54,053	ExcessRevenueOverExpensesAmt
Other Increases	$226,794	OtherIncreasesAmt
Subtotal	$2,805,005	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$2,805,005	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1,000	InvestmentIncomeExciseTaxAmt
Subtotal	$1,000	SubtotalAmt
Tax Based On Investment Income	$1,000	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$1,000	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$1,000	TotalPaymentsAndCreditsAmt

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	PA	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	N/A	WebsiteAddressTxt
Individual With Books	MARY ELLEN LIBBY	IndividualWithBooksNm
Phone	7172034827	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	231 PROSPECT ROAD	AddressLine1Txt
City	ELIZABETHTOWN	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	17022	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	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
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	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
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 (2 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
MARY ELLEN LIBBY
231 PROSPECT ROAD	ELIZABETHTOWN	PA	17022	PRESIDENT	000.00	$0	$0	$0
LYNN LIBBY
231 PROSPECT ROAD	ELIZABETHTOWN	PA	17022	DIRECTOR	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$2,636,518	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$82,116	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$2,718,634	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$2,718,634	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$40,780	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$2,677,854	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$133,893	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$133,893	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$1,000	TaxBasedOnInvestmentIncomeAmt
Total Tax	$1,000	TotalTaxAmt
Distributable Before Adj	$132,893	DistributableBeforeAdjAmt
Distributable Before Ded	$132,893	DistributableBeforeDedAmt
Distributable As Adjusted	$132,893	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$103,100	ExpensesAndContributionsAmt
Qualifying Distributions	$103,100	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$132,893	DistributableAsAdjustedAmt
Undistributed Income PY	$101,022	UndistributedIncomePYAmt
Qualifying Distributions	$103,100	QualifyingDistributionsAmt
Applied To Year1	$101,022	AppliedToYear1Amt
Applied To Current Year	$2,078	AppliedToCurrentYearAmt
Undistributed Income CY	$130,815	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ELIZABETHTOWN BRETHREN IN CHRIST
996 E HIGH ST	ELIZABETHTOWN	PA	17022	GENERAL SUPPORT	$60,000
WATER STREET MISSION
210 S PRINCE ST	LANCASTER	PA	17603	GENERAL SUPPORT	$5,000
EASTERN MAINE COMMUNITY COLLEGE
354 HOGAN RD	BANGOR	ME	04401	GENERAL SUPPORT	$10,000
COMMUNITY CUPBOARD OF ELIZABETHTOWN
61 E WASHINGTON ST	ELIZABETHTOWN	PA	17022	GENERAL SUPPORT	$2,000
PITTIES LOVE PEACE
PO BOX 534	ELIZABETHTOWN	PA	17022	GENERAL SUPPORT	$25,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$102,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$91,620	RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	-$21,623	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$69,997	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$69,997	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	INDIRECT ACCOUNTING FEES	CategoryTxt
Amt	$1,100	Amt
Disbursements Charitable Prps	$1,100	DisbursementsCharitablePrpsAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

Field	Value	IRS element (for citing)
Asset	COUNSIL TRUST A/C CT1766AGY	AssetDesc
How Acquired	PURCHASE	HowAcquiredTxt
Gross Sales Price	$280,799	GrossSalesPriceAmt
Basis	$302,422	BasisAmt
Total Net	-$21,623	TotalNetAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt
FIXED INCOME ETF'S - COUNSEL TRUST	FMV	$614,505
DOMESTIC EQUITY ETF'S - COUNSEL TRUS	FMV	$2,123,538

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAINS	Desc
Amt	$226,794	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT FEES	CategoryTxt
Amt	$16,739	Amt
Net Investment Income	$16,739	NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
FEDERAL EXCISE TAX	$1,280
FOREIGN TAXES	$2,931	$2,931

MARY ELLEN & LYNN LIBBY FOUNDATION: Form 990PF, tax year 2024

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

Comments