AVIS FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- AVIS FOUNDATION INC (EIN 20-5063209)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-09-29
- IRS object ID
- 202322729349100707
- Schema version
- 2022v5.0
- 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
- Schedule B
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-09-29T11:56:15-04:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 351679361 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEONARD J ANDORFER & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 W BERRY STREET STE 2202 | AddressLine1Txt |
| City | FORT WAYNE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 468022311 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205063209 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AVIS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AVIS | BusinessNameControlTxt |
| Phone | 7659988100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1909 S MAIN STREET | AddressLine1Txt |
| City | UPLAND | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46989 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARTHA SONGER | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 7659988100 | PhoneNum |
| Signature | 2023-08-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARTHA | PersonFirstNm |
| Person Last | SONGER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| 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 | CYNTHIA M WIRTNER CPA | PreparerPersonNm |
| PTIN | P00017581 | PTIN |
| Phone | 2604239405 | PhoneNum |
| Preparation | 2023-08-31 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $54,196,164 | 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 | $33,470,708 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $100,858 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $100,858 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $100,858 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $805,356 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $805,356 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $805,356 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$182,306 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,689,104 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $91,957 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $39,255 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $39,255 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $39,255 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $34,233,871 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,037,426 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $945,469 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $85,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $85,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $5,738 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $5,738 | PensionEmplBnftDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $143,291 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $143,291 | OtherProfFeesNetInvstIncmAmt |
| Interest Rev And Expnss | $493 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $493 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $53,688 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $53,688 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $504 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $504 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $5,359 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $5,359 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $294,073 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $197,472 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $96,601 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,800,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,800,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,094,073 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $197,472 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,896,601 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $32,139,798 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $839,954 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $945,469 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $864,132 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $12,722,596 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $12,722,596 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $10,660,139 | CorporateStockBOYAmt |
| Corporate Stock EOY | $18,936,431 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $22,474,346 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $3,983,623 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,471,902 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,001,307 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,052,281 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $10,828,611 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $11,257,482 | OtherInvestmentsEOYFMVAmt |
| Other Assets EOY | $1,740,433 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,740,433 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $18,560,175 | TotalAssetsBOYAmt |
| Total Assets EOY | $50,699,973 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $54,196,164 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $18,560,175 | RetainedEarningBOYAmt |
| Retained Earning EOY | $50,699,973 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,560,175 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $50,699,973 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,560,175 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $50,699,973 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,560,175 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $32,139,798 | ExcessRevenueOverExpensesAmt |
| Subtotal | $50,699,973 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $50,699,973 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $91,957 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,675 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $11,675 | SubtotalAmt |
| Tax Based On Investment Income | $11,675 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $24,929 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $24,929 | TotalPaymentsAndCreditsAmt |
| Overpayment | $13,254 | OverpaymentAmt |
| Applied To ES Tax | $13,254 | AppliedToESTaxAmt |
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 | IN | 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 | AVISFOUNDATIONINC.ORG | WebsiteAddressTxt |
| Individual With Books | MARTHA SONGER | IndividualWithBooksNm |
| Phone | 7659988100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1909 S MAIN STREET | AddressLine1Txt |
| City | UPLAND | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46989 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| ANGELA DARLINGTON | ||||||||
| 1909 S MAIN STREET | UPLAND | IN | 46989 | PRESIDENT/DI | 000.00 | $3,000 | $0 | $0 |
| MARTHA SONGER | ||||||||
| 1909 S MAIN STREET | UPLAND | IN | 46989 | EXECUTIVE DI | 000.00 | $75,000 | $0 | $0 |
| NORMA KORPORAL | ||||||||
| 1909 S MAIN STREET | UPLAND | IN | 46989 | SECRETARY | 000.00 | $1,000 | $0 | $0 |
| MARYLOU HABECKER | ||||||||
| 1909 S MAIN STREET | UPLAND | IN | 46989 | VICE PRESIDE | 000.00 | $3,000 | $0 | $0 |
| DR SUSAN WILCZYNSKI | ||||||||
| 1909 S MAIN STREET | UPLAND | IN | 46989 | DIRECTOR | 000.00 | $3,000 | $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 | $32,566,811 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,053,405 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $12,768 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $39,632,984 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $39,632,984 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $594,495 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $39,038,489 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,951,924 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,951,924 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,675 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,675 | TotalTaxAmt |
| Distributable Before Adj | $1,940,249 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,940,249 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,940,249 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,896,601 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,896,601 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,940,249 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $100 | ExcessDistributionCyovYr5Amt |
| Total Excess Distribution Cyov | $100 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,896,601 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,896,601 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $100 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $100 | ExcessDistributionCyovAppCYAmt |
| Undistributed Income CY | $43,548 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MARTHA SONGER | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1909 S MAIN STREET | AddressLine1Txt |
| City | UPLAND | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46989 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 7659988100 | RecipientPhoneNum |
| Form And Info And Materials | COMPLETE LETTER OF INQUIRY BY MARCH 1 IN ANY CALENDAR YEAR. IT THE LOI IS APPROVED, GRANT SEEKERS WILL BE REQUIRED TO SUBMIT A FULL GRANT PROPOSAL FOLLOWING PUBLISHED GRANT GUIDELINES AVAILABLE ON THE WEBSITE BY JULY 30 OF THAT SAME CALENDAR YEAR. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | ALL GRANT APPLICANTS ARE REQUESTED TO SUBMIT A LETTER OF INQUIRY (LOI) PRIOR TO MARCH 1 IN ANY CALEN | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE MISSION OF AVIS FOUNDATION, INC. IS TO MAKE IMPACTFUL GIFTS TO ORGANIZATIONS DEVOTED TO IMPROVING QUALITY OF LIFE IN COMMUNITIES THROUGH THEIR COMMITMENT TO THE ARTS, EDUCATION, ENTREPRENEURSHIP AND AUTISM. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ANDERSON UNIVERSITY | |||||||
| 1100 E 5TH ST | ANDERSON | IN | 46012 | NONE | PUBLIC | TECH & SECURITY | $40,000 |
| BALL STATE UNIVERSITY | |||||||
| 2000 W UNIVERSITY AVE | MUNCIE | IN | 47306 | NONE | PUBLIC | AUTISM PROGRAMMING | $166,000 |
| EITELJORG MUSEUM | |||||||
| 500 W WASHINGTON ST | INDIANAPOLIS | IN | 46204 | NONE | PUBLIC | SPECIAL EVENT SUPPORT | $175,000 |
| HUNTINGTON UNIVERSITY | |||||||
| 2303 COLLEGE AVE | HUNTINGTON | IN | 46750 | NONE | PUBLIC | STUDIES AND RESEARCH PROGRAMS | $125,000 |
| OUACHITA BAPTIST UNIVERSITY | |||||||
| 410 OUACHITA STREET | ARKADELPHIA | AR | 71998 | NONE | PUBLIC | SALARY FOR AUTISM STUDIES, ABA THERO | $100,000 |
| BALL STATE UNIVERSITY | |||||||
| 2000 UNIVERSITY AVENUE | MUNCIE | IN | 47305 | CAMP ACHIEVE | $250,000 | ||
| BALL STATE UNIVERSITY | |||||||
| 2000 UNIVERSITY AVENUE | MUNCIE | IN | 47305 | INCLUSIVE EXCELLENCE IN GRAD SPECIAL | $44,000 | ||
| HILLCROFT SERVICES | |||||||
| 501 W AIR PARK DRIVE | MUNCIE | IN | 47303 | ABA FACILITY IN PENDLETON | $150,000 | ||
| LETOURNEAU UNIVERSITY | |||||||
| 2100 S MOBBERLY AVENUE | LONGVIEW | TX | 75602 | THE BRIDGES PROGRAM | $80,000 | ||
| THE OAKS ACADEMY | |||||||
| 1301 E 16TH STREET | INDIANAPOLIS | IN | 46202 | DIVERSIFY LIBRARY BOOKS | $20,000 | ||
| PURDUE UNIVERSITY FORT WAYNE | |||||||
| 3000 E COLISEUM BLVD | FORT WAYNE | IN | 46805 | DOERMER SCHOOL OF BUSINESS | $150,000 | ||
| TAYLOR UNIVERSITY | |||||||
| 1846 MAIN STREET | UPLAND | IN | 46989 | BOREN WESTERN ART GALLERY | $500,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,800,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $100,858 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $805,356 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $39,255 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $91,957 | ExclusionAmt |
| Related Or Exempt Function Incm | -$274,263 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,037,426 | ExclusionAmt |
| Related Or Exempt Function Incm | -$274,263 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $763,163 | 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 | Yes (true) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOREN FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501 (C) (3) | OrganizationTypeDesc |
| Relationship Description | COMMON DIRECTORS OR OFFICERS | RelationshipDescriptionTxt |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| LELAND BOREN TRUST | |||||||
| 1 | PO BOX 218 | UPLAND | IN | 469890218 | $30,816,830 | Yes (X) | Yes (X) |
| LELAND BOREN ESTATE | |||||||
| 2 | PO BOX 218 | UPLAND | IN | 469890218 | $2,653,878 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (5 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | INVESTMENTS | $5,007,624 | 2022-04-19 |
| 1 | MARION PROPERTY | $7,300 | 2022-06-09 |
| 1 | 6 PIECES OF ART | $7,050 | 2022-06-09 |
| 2 | BANC FUND PARTNERSHIP INTEREST | $949,815 | 2022-04-29 |
| 2 | OKLAHOMA LAND & CATTLE | $1,704,063 | 2022-12-31 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|
| PUBLICALLY TRADED SECURITIES | PURCHASE | $1,525,361 | $1,871,049 | -$345,688 |
| BANC FUND K-1 | PURCHASE | $71,786 | $361 | $71,425 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | SEE ATTACHED | BondNm |
| EOY Book Value | $6,471,902 | EOYBookValueAmt |
| EOYFMV | $6,001,307 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE ATTACHED | StockNm |
| EOY Book Value | $18,936,431 | EOYBookValueAmt |
| EOYFMV | $22,474,346 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| APOLLO DEBT SOLUTIONS | AT COST | $1,500,000 | $1,462,330 |
| BLACKSTONE REIT | AT COST | $1,011,084 | $1,488,022 |
| BLACKSTONE PRIVATE CREDIT FUND CLASS | AT COST | $1,119,462 | $1,074,372 |
| FS CREDIT REAL ESTATE | AT COST | $2,500,000 | $2,496,117 |
| KKR REAL ESTATE | AT COST | $1,500,000 | $1,403,047 |
| OWL ROCK TECHNOLOGY | AT COST | $1,000,000 | $1,004,012 |
| STARWOOD REAL ESTATE | AT COST | $1,000,000 | $1,131,517 |
| PARTNERSHIPS | AT COST | $1,198,065 | $1,198,065 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INTEREST AND DIVIDENDS 22 PD 23 | $22,020 | $22,020 |
| 768.12 ACRE OKLAHOMA LAND AND CATTLE | $1,704,063 | $1,704,063 |
| MARION PROPERTY | $7,300 | $7,300 |
| 6 PIECES OF ART | $7,050 | $7,050 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXPENSES | ||
| SUPPLIES | $215 | $215 |
| PAYCHEX FEES | $1,787 | $1,787 |
| INSURANCE | $3,357 | $3,357 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| UBS - 3163 | $39,288 | $39,288 | $39,288 |
| BANC FUND K-1 | -$33 | -$33 | -$33 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| MANAGEMENT FEES - 3163 | $116,740 | $116,740 |
| MANAGEMENT FEES - 7041 | $5,284 | $5,284 |
| BANC FUND K-1 | $20,339 | $20,339 |
| TBFC FINANCIAL K-1 | $928 | $928 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL ESTIMATES | $23,600 | $23,600 |
| FEDERAL TAX DUE | $18,288 | $18,288 |
| FOREIGN TAX | $11,800 | $11,800 |
Comments