BAYNE FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- BAYNE FOUNDATION INC (EIN 46-1579882)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-15
- IRS object ID
- 202531359349103243
- Schema version
- 2024v5.1
- 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
- Schedule B
- Accounting Fees Schedule
- General Explanation Attachment
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-15T12:55:51+00:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DRIVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | 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 | 461579882 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bayne Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BAYN | BusinessNameControlTxt |
| Phone | 4068625848 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1435 Whitefish Hills Drive | AddressLine1Txt |
| City | Whitefish | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59937 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM A BAYNE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4068625848 | PhoneNum |
| Signature | 2025-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Voula Spyridis | PreparerPersonNm |
| PTIN | P01795600 | PTIN |
| Phone | 3128792000 | PhoneNum |
| Preparation | 2025-05-15 | 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 | $6,347,908 | 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 | $502,946 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $83,765 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $83,765 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $78,429 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $552,335 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $78,429 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $665,140 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $162,194 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $33,908 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,477 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $25,431 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $19,731 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $14,798 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $4,933 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $500 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $98 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $15 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $83 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $54,237 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $23,290 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $30,447 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $233,684 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $233,684 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $287,921 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $23,290 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $264,131 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $377,219 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $138,904 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $37,760 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $72,960 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $72,960 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $0 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl BOY | $0 | PledgesRcvblBOYAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $2,547,802 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,671,652 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,273,948 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOYFMV | $0 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,585,562 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,745,612 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,347,908 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $2,585,562 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,745,612 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,585,562 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,745,612 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,585,562 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,745,612 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,585,562 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $377,219 | ExcessRevenueOverExpensesAmt |
| Other Increases | $210,571 | OtherIncreasesAmt |
| Subtotal | $3,173,352 | SubtotalAmt |
| Other Decreases | $427,740 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,745,612 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $502,071 | $473,906 | $28,165 | $0 | $28,165 |
| CAPITAL GAINS DIVIDENDS | $50,264 | $50,264 | $0 | $50,264 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $78,429 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,931 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,931 | SubtotalAmt |
| Tax Based On Investment Income | $1,931 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,794 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $1,794 | TotalPaymentsAndCreditsAmt |
| Tax Due | $137 | TaxDueAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| 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 | MT | 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 | THEBAYNEFOUNDATION.COM | WebsiteAddressTxt |
| Individual With Books | THE FOUNDATION | IndividualWithBooksNm |
| Phone | 4068625848 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1435 WHITEFISH HILLS DR | AddressLine1Txt |
| City | WHITEFISH | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59937 | 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 |
| 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 | 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 |
|---|---|---|---|---|---|---|---|---|
| WILLIAM A BAYNE | ||||||||
| 1435 WHITEFISH HILLS DR | Whitefish | MT | 59937 | Director, President | 2.500 | $0 | $0 | $0 |
| ELIZABETH G BAYNE | ||||||||
| 1435 WHITEFISH HILLS DR | Whitefish | MT | 59937 | Director, Treasurer, Secretary | 5.000 | $0 | $0 | $0 |
| PATRICK M COGAN | ||||||||
| 1435 WHITEFISH HILLS DR | Whitefish | MT | 59937 | Director | 1.200 | $0 | $0 | $0 |
| BRITTNEY COGAN | ||||||||
| 1435 WHITEFISH HILLS DR | Whitefish | MT | 59937 | Director | 5.000 | $0 | $0 | $0 |
| MACKENZIE E BAYNE | ||||||||
| 1435 WHITEFISH HILLS DR | Whitefish | MT | 59937 | Director | 1.200 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| 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 | $5,822,358 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $46,747 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,869,105 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $5,869,105 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $88,037 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,781,068 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $289,053 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $289,053 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,931 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,931 | TotalTaxAmt |
| Distributable Before Adj | $287,122 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $287,122 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $287,122 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $264,131 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $264,131 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $287,122 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $235,405 | UndistributedIncomePYAmt |
| Prior Year3 | 2020 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $264,131 | QualifyingDistributionsAmt |
| Applied To Year1 | $235,405 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $28,726 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $258,396 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | WILLIAM A BAYNE DIRECTOR | ContributingManagerNm |
| Contributing Manager | ELIZABETH G BAYNE DIRECTOR | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | BAYNE FOUNDATION INC | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1435 WHITEFISH HILLS DR | AddressLine1Txt |
| City | WHITEFISH | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59937 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4068625848 | RecipientPhoneNum |
| Form And Info And Materials | PLEASE VISIT THEBAYNEFOUNDATION.COM/DISCRETIONARY-GRANT-REQUESTS FOR ADDITIONAL INFORMATION AND INSTRUCTIONS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | EACH INQUIRY AND APPLICATION REQUEST WILL BE REVIEWED UPON SUBMISSION. | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE BAYNE FOUNDATION PROVIDES DISCRETIONARY GRANTS TO CHARITABLE ORGANIZATIONS FOR PROJECTS WITHIN THE UNITED STATES OF AMERICA WHICH ADVANCE PRINCIPLES OF LIBERTY AND CHARITABLE GIVING. SUCH CHARITABLE ORGANIZATIONS MUST BE NON-FOR-PROFIT WITH A VALID TAX EXEMPTION STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND MUST BE CLASSIFIED AS PUBLIC CHARITIES UNDER SECTIONS 509(A)(1) OR 509(A)(2) OF THE INTERNAL REVENUE CODE. THE BAYNE FOUNDATION DOES NOT PROVIDE FINANCIAL SUPPORT TO RELIGIOUS, POLITICAL, OR FRATERNAL ORGANIZATIONS. GRANTS ARE PROVIDED ON AN INDIVIDUAL BASIS, AT THE DISCRETION OF THE BAYNE FOUNDATION. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Angel Flight | ||||||
| 3161 Donald Douglas Loop S | Santa Monica | CA | 90405 | PC | General Support | $2,694 |
| Cato Institute | ||||||
| 1000 Massachusetts Avenue NW | Washington | DC | 20001 | PC | General Support | $30,457 |
| DREAM adaptive recreation | ||||||
| PO Box 4084 | Whitefish | MT | 59937 | PC | General Support | $40,810 |
| Institute for Justice | ||||||
| 901 N Glebe Road Suite 900 | Arlington | VA | 22203 | PC | General Support | $30,457 |
| K9s for Warriors | ||||||
| 114 Camp K9 Rd | Ponte Vedda | FL | 32081 | PC | General Support | $2,232 |
| MikeRowe Works Foundation | ||||||
| 1207 4th St PH 3 | Santa Monica | CA | 90401 | PC | General Support | $3,161 |
| Nationwide Children's Hospital | ||||||
| 1 Inventa Place 6th Floor | Silver Spring | MD | 20910 | PC | General Support | $15,164 |
| Owl Research Institute | ||||||
| 35490 NINEPIPE LN | Charlo | MT | 59824 | PC | General Support | $1,232 |
| Seeds of Caring | ||||||
| 325 Piedmont Road | Columbus | OH | 43214 | PC | General Support | $12,475 |
| The Columbus Foundation | ||||||
| 1234 East Broad Street | Columbus | OH | 43205 | PC | Adaptive Sports Connection | $12,782 |
| The Ohio State University Foundation | ||||||
| 14 E 15th Ave | Columbus | OH | 43201 | PC | James Cancer Research Hospital | $5,406 |
| Whitefish Community Foundation | ||||||
| PO BOX 1060 | Whitefish | MT | 599371060 | PC | Circle of Giving | $10,208 |
| Whitefish Community Foundation | ||||||
| PO BOX 1060 | Whitefish | MT | 599371060 | PC | Great Fish Campaign | $64,046 |
| MT Innocence Project | ||||||
| PO Box 7607 | Missoula | MT | 598077607 | PC | General Support | $500 |
| Opportunity Resources Inc | ||||||
| 2821 S Russell Street | Missoula | MT | 59801 | PC | General Support | $2,060 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $233,684 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $83,765 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $78,429 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $162,194 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $162,194 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM A BAYNE REVOCABLE TRUST | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4610 Stockport Circle | AddressLine1Txt |
| City | Dublin | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $502,946 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 1,395 Eaton Corporation PLC Shares | NoncashPropertyDesc |
| Fair Market Value | $502,946 | FairMarketValueAmt |
| Received | 2024-11-07 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $33,908 | Amt |
| Net Investment Income | $8,477 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $25,431 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | NON-CASH GRANTS PAID | IdentifierTxt |
| Form And Line Reference | Form 990-PF, Part I, Line 25 | FormAndLineReferenceDesc |
| Medium Explanation | Date: 4/25/2024 Recipient: Nationwide Children's Hospital Basis: 1,719 FMV: 15,164 Date: 5/9/2024 Recipient: The Columbus Foundation Basis: 1,402 FMV: 12,782 Date: 8/23/2024 Recipient: Whitefish Community Foundation Basis: 864 FMV: 10,208 Date: 8/30/2024 Recipient: Institute for Justice Basis: 2,554 FMV: 30,457 Date: 8/30/2024 Recipient: Cato Institute Basis: 2,554 FMV: 30,457 Date: 9/04/2024 Recipient: Whitefish Community Foundation Basis: 5,568 FMV: 64,046 Date: 10/10/2024 Recipient: Seeds of Caring Basis: 1,357 FMV: 12,475 Date: 10/10/2024 Recipient: The Ohio State University Foundation Basis: 588 FMV: 5,406 Date: 12/11/2024 Recipient: Angel Flight Basis: 271 FMV: 2,694 Date: 12/11/2024 Recipient: Owl Research Institute Basis: 96 FMV: 1,232 Date: 12/12/2024 Recipient: K9's for Warriors Basis: 173 FMV: 2,232 Date: 12/16/2024 Recipient: MikeRowe Works Foundation Basis: 317 FMV: 3,161 Date:12/17/2024 Recipient: DREAM adaptive recreation Basis: 3,091 FMV: 40,810 | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (26 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| Fidelity Select Health Care | $48,250 | $56,436 |
| Fidelity Overseas | $197,757 | $252,918 |
| T ROWE PRICE HEALTH SCIENCES | $269,779 | $390,819 |
| BLACKROCK TOTAL RETURN INSTITUTIONAL | $0 | $0 |
| LOOMIS SAYLES BOND RETAIL SHARES | $0 | $0 |
| FIDELITY MSCI INFORMATION | $29,996 | $82,309 |
| Ishares Russell 1000 Growth ETF | $48,602 | $302,390 |
| Ishares Russell 2000 ETF | $274,875 | $640,121 |
| Ishares Edge MSCI USA Quality | $121,219 | $185,915 |
| ISHARES CORE S&P MID-CAP ETF | $76,745 | $146,117 |
| ISHARES TR ESG AWARE MSCI USA ETF | $168,543 | $303,629 |
| SPDR S&P500 ETF TRUST TRUST UNIT | $142,421 | $518,095 |
| VANGUARD WHITEHALL FDS HIGH DIV YLD | $160,086 | $179,902 |
| ISHARES TR US TREAS BD ETF | $49,328 | $49,958 |
| ISHARES CORE 1-5 YEAR USD BOND ETF | $0 | $0 |
| ISHARES TREASURY FLOATING RA | $0 | $0 |
| Ishares Trust MSCI EMG MKTS ETF | $108,621 | $147,165 |
| ISHARES MSCI EAFE ETF | $231,829 | $283,462 |
| ISHARES TR CORE MSCI TOTAL | $35,024 | $37,369 |
| APPLE INC | $64,227 | $652,344 |
| HCA HEALTHCARE INC COM | $41,145 | $315,157 |
| MICROSOFT CORP | $86,326 | $831,619 |
| EATON CORPORATION PLC | $75,452 | $462,959 |
| SCHWAB STRATEGIC TR US AGGREGATE BD ETF | $122,152 | $118,449 |
| ISHARES TR CORE TOTAL USD | $205,947 | $203,671 |
| ISHARES FLEXIBLE INCOME ACTIVE ETF | $113,328 | $113,144 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Due from bank | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $1,000 | EOYBookValueAmt |
| EOYFMV | $1,000 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Adjustment to Basis of Contributed Stock | $427,494 |
| Cost Basis Adjustment | $246 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Website Fees | $83 | $0 | $83 |
| Bank Fees | $15 | $15 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Write-up to Fair Market Value - Stock Donated | Desc |
| Amt | $210,571 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Consulting fees | CategoryTxt |
| Amt | $19,731 | Amt |
| Net Investment Income | $14,798 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $4,933 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal Excise Tax | CategoryTxt |
| Amt | $500 | Amt |