FORSZT BROTHERS CHARITABLE FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- FORSZT BROTHERS CHARITABLE FOUNDATION INC (EIN 92-0429438)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-07-02
- IRS object ID
- 202501839349101215
- Schema version
- 2024v5.2
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-07-02T16:10:54-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 351509921 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SWARTZ RETSON & CO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 235 E 86TH AVENUE | AddressLine1Txt |
| City | MERRILLVILLE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46410 | 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 | 920429438 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FORSZT BROTHERS CHARITABLE FOUNDATION IN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FORS | BusinessNameControlTxt |
| Phone | 2194643736 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1151 MORTHLAND DR CO WHEELS UNLT | AddressLine1Txt |
| City | VALPARAISO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46385 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK FORSZT | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2194643736 | PhoneNum |
| Signature | 2025-06-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TAMARA L LYNCH | PreparerPersonNm |
| PTIN | P00060108 | PTIN |
| Phone | 2197693616 | PhoneNum |
| Preparation | 2025-06-24 | 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 | $2,906,090 | 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 | $62,801 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $78,232 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $78,232 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $17,627 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $17,627 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,004,624 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,092,755 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,004,624 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,163,284 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,100,483 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,950 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,200 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $837 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,873 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,873 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $11,860 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,873 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $134,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $134,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $146,360 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,873 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $134,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,016,924 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,098,610 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,921,964 | CashBOYAmt |
| Cash EOY | $43,446 | CashEOYAmt |
| Cash EOYFMV | $43,446 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOY | $992,301 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $992,301 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $399,714 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $398,946 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $0 | CorporateStockBOYAmt |
| Corporate Stock EOY | $149,629 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $148,173 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,338,334 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,323,224 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $1,921,964 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,923,424 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,906,090 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $1,921,964 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,923,424 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,921,964 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,923,424 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,921,964 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,923,424 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,921,964 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,016,924 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $2,938,888 | SubtotalAmt |
| Other Decreases | $15,464 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,923,424 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICALLY TRADED SECURITIES | PropertyDesc |
| Gross Sales Price | $1,092,755 | GrossSalesPriceAmt |
| Cost Or Other Basis | $88,131 | CostOrOtherBasisAmt |
| Gain Or Loss | $1,004,624 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $1,004,624 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,004,624 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $15,271 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $15,271 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $15,271 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $32,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $32,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $41 | EsPenaltyAmt |
| Overpayment | $16,688 | OverpaymentAmt |
| Applied To ES Tax | $16,688 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (1) | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | NONE | WebsiteAddressTxt |
| Individual With Books | WHEELS UNLIMITED CO JULIE KACZMAR | IndividualWithBooksNm |
| Phone | 2194643736 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1151 MORTHLAND DRIVE | AddressLine1Txt |
| City | VALPARAISO | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46385 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|
| MARK FORSZT | ||||||||
| 1151 MORTHLAND DRIVE | VALPARAISO | IN | 46385 | PRESIDENT & DIRECTOR | 5.00 | $0 | $0 | $0 |
| MICHAEL FORSZT | ||||||||
| 1151 MORTHLAND DRIVE | VALPARAISO | IN | 46385 | VICE PRESIDENT & DIRECTOR | 1.00 | $0 | $0 | $0 |
| SHANNON LEE | ||||||||
| 1461 W MORTHLAND DRIVE SUITE D | VALPARAISO | IN | 46385 | TREASURER & DIRECTOR | 1.00 | $0 | $0 | $0 |
| J BRIAN HITTINGER | ||||||||
| 8001 BROADWAY SUITE 400 | MERRILLVILLE | IN | 46410 | SECRETARY/CHAIRMAN & DIRECTOR | 1.00 | $0 | $0 | $0 |
| CLAUDIA MCLAUGHLIN | ||||||||
| 1151 MORTHLAND DRIVE | VALPARAISO | IN | 46385 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| CHARLES MOORE | ||||||||
| 1461 W MORTHLAND DRIVE SUITE D | VALPARAISO | IN | 46385 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| RENE MARTIN | ||||||||
| 1151 MORTHLAND DRIVE | VALPARAISO | IN | 46385 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JOHN STEFFEN | ||||||||
| 1151 MORTHLAND DRIVE | VALPARAISO | IN | 46385 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $245,521 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,748,445 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,993,966 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,993,966 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $29,909 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,964,057 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $98,203 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $98,203 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $15,271 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $15,271 | TotalTaxAmt |
| Distributable Before Adj | $82,932 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $82,932 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $82,932 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $134,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $134,500 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $82,932 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $63,699 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $63,699 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $134,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $82,932 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $51,568 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $115,267 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $115,267 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $63,699 | ExcessFromYear1Amt |
| Excess From Current Year | $51,568 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MARK FORSZT | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BOYS & GIRLS CLUB OF GREATER NORTHWEST INDIANA INC | |||||||
| 3691 WILLOWCREEK RD STE 200 | PORTAGE | IN | 46368 | N/A | PC | OPERATING FUNDS | $2,500 |
| HILLTOP NEIGHBORHOOD HOUSE INC | |||||||
| 460 COLLEGE AVE | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $5,000 |
| INDEPENDENT CAT SOCIETY | |||||||
| 4061 S COUNTY LINE RD PO BOX 735 | WESTVILLE | IN | 46391 | N/A | PC | OPERATING FUNDS | $2,500 |
| LAKESHORE PAWS INC | |||||||
| 4611 EVANS AVE | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $5,000 |
| OPPORTUNITY ENTERPRISES INC | |||||||
| 2801 EVANS AVE | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $5,000 |
| SALVATION ARMY | |||||||
| 799 CAPITOL RD | VALPARAISO | IN | 46385 | N/A | PC | OPERATING FUNDS | $2,500 |
| SHELDRICK WILD LIFE TRUST USA | |||||||
| 25283 CABOT RD STE 101 | LAGUNA HILLS | CA | 92653 | N/A | PC | OPERATING FUNDS | $10,000 |
| VISITING NURSE ASSOCIATION OF PORTER COUNTY INDIANA INC | |||||||
| 501 MARQUETTE ST | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $5,000 |
| GUARDIANS OF FLORIDA ANIMAL RESCUE | |||||||
| 13931 SOPHOMORE LANE | FORT MYERS | FL | 33912 | N/A | PC | OPERATING FUNDS | $1,000 |
| WORLD CENTRAL KITCHEN | |||||||
| PO BOX 96538 | WASHINGTON | DC | 20090 | N/A | PC | OPERATING FUNDS | $10,000 |
| HUMANE INDIANA | |||||||
| 8149 KENNEDY AVE | HIGHLAND | IN | 46322 | N/A | PC | OPERATING FUNDS | $2,500 |
| LAKE COUNTY SHERIFF'S ANIMAL CONTROL | |||||||
| 3011 W 93RD AVE | CROWN POINT | IN | 46307 | N/A | PC | OPERATING FUNDS | $5,000 |
| HOPE DEVELOPMENT DEPARTMENT | |||||||
| 9470 HEALTHPARK CIRCLE | FORT MYERS | FL | 33908 | N/A | PC | OPERATING FUNDS | $3,500 |
| LARC | |||||||
| 2570 HANSON ST | FORT MYERS | FL | 33901 | N/A | PC | OPERATING FUNDS | $3,500 |
| ABUSE COUNSELING & TREATMENT INC | |||||||
| PO BOX 60401 | FORT MYERS | FL | 33906 | N/A | PC | OPERATING FUNDS | $5,000 |
| CANINE COMPANIONS | |||||||
| ATTN PAIGE MAZZONI | SANTA ROSA | CA | 95407 | N/A | PC | OPERATING FUNDS | $10,000 |
| HAROLD HAL KELLEY RESPITE FOUNDATION | |||||||
| 1408 CHICAGO ST | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $50,000 |
| ST AGNES ADULT DAY SERVICE CENTER | |||||||
| 1859 HARRISON BLVD | VALPARAISO | IN | 46385 | N/A | PC | OPERATING FUNDS | $5,000 |
| PORTER COUNTY AG SOCIETY | |||||||
| 217 E DIVISION | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $1,000 |
| BOY SCOUTS OF AMERICA | |||||||
| 1340 SOUTH BEND AVE | SOUTH BEND | IN | 46617 | N/A | PC | OPERATING FUNDS | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $134,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $78,232 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17,627 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,004,624 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,100,483 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,100,483 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
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 | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| MARK FORSZT | ||||||
| 1 | 1151 MORTHLAND DRIVE | VALPARAISO | IN | 46385 | $514,223 | Yes (X) |
| MICHAEL FORSZT | ||||||
| 2 | 1151 MORTHLAND DRIVE | VALPARAISO | IN | 46385 | $521,084 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 375 SHS BROADCOM,FMV $62,306; 1625 SHS NVIDIA, FMV $226,273; 935 SHS APPLE, FMV $225,644 | $514,223 | 2024-12-03 |
| 2 | 375 SHS BROADCOM, FMV $67,123; 1625 SHS NVIDIA, FMV $222,820; 935 SHS APPLE, FMV $231,141 | $521,084 | 2024-12-12 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $3,200 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (27 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMAZON | $49,767 | $49,711 |
| AMERICAN EXPRESS | $50,050 | $50,013 |
| AMERICAN HONDA FINANCE LLC | $50,387 | $50,089 |
| BANK OF AMERICA CORP | $49,783 | $49,464 |
| BANK OF NEW YORK MELLON | $50,380 | $50,215 |
| BRISTOL MYERS SQUIBB | $50,109 | $49,952 |
| BROADCOM INC | $48,675 | $47,827 |
| CITIGROUP INC | $48,864 | $48,061 |
| COMCAST CORP | $47,998 | $46,685 |
| JOHN DEERE CAPITAL CORP | $50,115 | $49,913 |
| ASTRAZENECA FINANCE LLC | $50,588 | $50,300 |
| META PLATFORMS INC | $50,273 | $50,083 |
| FEDERAL HOME LOAN MORTGAGE CORP | $50,000 | $49,853 |
| GOLDMAN SACHS GROUP | $49,938 | $49,706 |
| HOME DEPOT INC | $48,811 | $48,679 |
| HONEYWELL INTL INC | $49,890 | $49,743 |
| JP MORGAN CHASE & CO | $49,574 | $48,729 |
| ELI LILLY & CO | $49,342 | $48,010 |
| LOWES COS INC | $49,889 | $49,049 |
| NEXTERA ENERGY CAPITAL HOLDINGS INC | $49,971 | $49,919 |
| REALTY INCOME CORP | $50,065 | $49,938 |
| TOYOTA MTR CR CORP | $50,140 | $49,408 |
| US BANCORP | $50,054 | $49,506 |
| UNITEDHEALTH GROUP INC | $48,457 | $47,125 |
| VERIZON COMMUNICATIONS | $47,686 | $46,336 |
| WALMART INC | $48,985 | $47,645 |
| WASTE MANAGEMENT INC | $48,543 | $47,265 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | VANGUARD S&P 500 | StockNm |
| EOY Book Value | $149,629 | EOYBookValueAmt |
| EOYFMV | $148,173 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $399,714 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $398,946 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,950 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK ADJ TO BOND ACTIVITY | Desc |
| Amt | $15,464 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT ADVISORY FEES | Desc |
| Revenue And Expenses Per Books | $1,873 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $1,873 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| MARK FORSZT | |||
| 1151 MORTHLAND DRIVE | VALPARAISO | IN | 46385 |
| MICHAEL FORSZT | |||
| 1151 MORTHLAND DRIVE | VALPARAISO | IN | 46385 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL TAXES, INTEREST | CategoryTxt |
| Amt | $837 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |