2022-10-31T15:07:29-05:00 2022-06-30 274541538 STEVEN W YOCUM CPA 2 INVERNESS DRIVE EAST STE 187 CENTENNIAL CO 80112 990PF 2021-07-01 810288819 RAY FOUNDATION INC RAYF 2396495733 100 AVIATION DRIVE SOUTH 203 NAPLES FL 34104 JEFFERY J TEMPAS VP - TREASURER 2396495733 2022-10-31 1 JEFFERY TEMPAS 999009999 STEVEN W YOCUM P01060619 3037306500 2022-10-31 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X 215641153 X 2101279 197647 197647 3918017 3918017 5285124 5559385 5285124 3532 3532 11505599 9404320 1604166 212500 1391666 4750 712 4038 3500 525 2975 206469 25113 31849 232261 0 56469 8470 47999 38361 0 38361 93513 3334 90179 2239489 250654 1607067 9150800 9150800 11390289 250654 10757867 115310 9153666 65335 233037 233037 5333753 3323056 3323056 12000 24764 24764 44943079 47903114 189832523 17698850 17864309 16548245 6447587 5678997 4529389 2026883 876744 1382400 1150139 1150139 70000 0 0 75953004 76177416 215641153 0 0 X 75953004 76177416 0 0 0 0 75953004 76177416 75953004 76177416 75953004 115310 262804 76331118 153702 76177416 20000 AAPL D 2008-03-03 2021-07-07 2879983 71609 2808374 2808374 .071 VMW D 1987-02-13 2021-11-04 9 9 9 1546 OGN D 2000-03-06 2021-11-12 52386 25205 27181 27181 1088 OGN D 1993-04-23 2021-11-12 40704 9923 30781 30781 44081 NUAN D 2003-09-12 2022-03-04 2468536 93512 2375024 2375024 1.256 WBD D 1988-03-01 2022-04-11 34 11 23 23 MARINA SLIPS D 2017-03-31 2022-01-31 70000 74001 -4001 -4001 CAPITAL GAINS DIVIDENDS P 47733 47733 47733 5285124 127236 0 127236 0 127236 140000 0 0 0 140000 0 12764 12764 0 0 0 0 0 0 0 0 0 0 0 1 1 CO FL 1 0 0 0 0 1 HTTPS://RAYFOUNDATION.US THE ORGANIZATION 2396495733 100 AVIATION DRIVE SOUTH 203 NAPLES FL 34104 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CHARLES J AHEARN 100 AVIATION DRIVE SOUTH 203 NAPLES FL 34104 PRESIDENT/DIRECTOR 40.00 500000 0 0 JEFFERY J TEMPAS 100 AVIATION DRIVE SOUTH 203 NAPLES FL 34104 TREASURER/DIRECTOR 24.00 250000 0 0 THEODORE H BROUSSEAU 100 AVIATION DRIVE SOUTH 203 NAPLES FL 34104 DIRECTOR EMERITUS 2.00 729166 0 0 PATRICIA J ARTHUR 100 AVIATION DRIVE SOUTH 203 NAPLES FL 34104 SECRETARY/DIRECTOR 24.00 125000 0 0 NONE 0 NONE 0 0 224865677 4920978 7623997 237410652 1312467 0 237410652 3561160 233849492 11692475 11692475 127236 127236 11565239 0 11565239 0 11565239 10757867 0 10757867 11565239 0 0 2310435 3174453 2192478 7677366 10757867 0 0 0 10757867 0 807372 807372 6869994 0 0 0 0 0 0 0 6869994 1503063 3174453 2192478 CHARLES J AHEARN 100 AVIATION DRIVE SOUTH SUITE 203 NAPLES FL 34104 2396495733 SEE ATTACHED STATEMENT 12 SEE ATTACHED STATEMENT 12 SEE ATTACHED STATEMENT 12 AEROSPACE CENTER FOR EXCELLENCE 4175 MEDULLA ROAD LAKELAND FL 33811 NONE PUBLIC CHARITY OPERATING BUDGET SUPPORT 116400 ALZHEIMER'S SUPPORT NETWORK 660 TAMIAMI TRAIL N NAPLES FL 34102 NONE PUBLIC CHARITY OPERATING BUDGET SUPPORT 50000 AOPA AIR SAFETY FOUNDATION 421 AVIATION WAY FREDERICK MD 21701 NONE PUBLIC CHARITY SUPPORT FOR 'YOU CAN FLY' PROGRAM 2500000 AOPA AIR SAFETY FOUNDATION 421 AVIATION WAY FREDERICK MD 21701 NONE PUBLIC CHARITY FLIGHT SCHOLARSHIPS 1150000 AEROSPACE CENTER FOR EXCELLENCE 4175 MEDULLA ROAD LAKELAND FL 33811 NONE PUBLIC CHARITY FLIGHT SCHOLORSHIPS 100000 HSU EDUCATIONAL FOUNDATION 70 READY AVENUE NW FORT WALTON BEACH FL 32548 NONE PUBLIC CHARITY DRONE CHALLENGE FUNDING SUPPORT 75000 CIVIL AIR PATROL MN 122 3435 GLENN OAKS AVE WHITE BEAR LAKE MN 55110 NONE PUBLIC CHARITY FLIGHT SCHOLARSHIP FUNDING SUPPORT 25000 COLORADO SKIES ACADEMY 13015 WINGS WAY ENGLEWOOD CO 80112 NONE PUBLIC CHARITY OPERATING BUDGET SUPPORT 100000 COMMERATIVE AIR FORCE PO BOX 764769 DALLAS TX 75376 NONE PUBLIC CHARITY EDUCATION CENTER OPERATING BUDGET SUPPORT 500000 COMMUNITY FOUNDATION OF COLLIER COUNTY 1110 PINE RIDGE ROAD STE 200 NAPLES FL 34108 NONE PUBLIC CHARITY JAMES C RAY SCHOLARSHIP FUNDING 211100 EXPERIMENTAL AIRCRAFT ASSOCIATION 3000 POBEREZNY ROAD OSHKOSH WI 54902 NONE PUBLIC CHARITY RESTRICTED GRANT - SCHOLARSHIP SUPPORT 1910000 EAA CHAPTER 1240 1 LOCKWOOD LANE SEBRING FL 33870 NONE PUBLIC CHARITY EDUCATION PROGRAM OPERATING SUPPORT 82800 UND AEROSPACE FOUNDATION 4275 UNIVERSITY AVE RM 303 GRAND FORKS ND 58202 NONE PUBLIC CHARITY VETERANS SCHOLARSHIP PROGRAM SUPPORT 330000 FRIENDS OF FOSTER CARE 2675 HORSESHOE DRIVE STE 402 NAPLES FL 34104 NONE PUBLIC CHARITY OPERATING BUDGET SUPPORT 5000 EXPERIMENTAL AIRCRAFT ASSOCIATION 3000 POBEREZNY ROAD OSHKOSH WI 54902 NONE PUBLIC CHARITY KIDVENTURE OPERATING SUPPORT 50000 FLIGHT FOUNDATION 1 THREE SPRINGS LANE UNICOI TN 37692 NONE PUBLIC CHARITY FLIGHT SCHOLARSHIP FUNDING 25000 WAI STARS OF THE NORTH 7444 OLIVER AVE SOUTH 7 RISCFIELD MN 55423 NONE PUBLIC CHARITY GIRLS IN AVIATION DAY OPERATING SUPPORT 20000 MINNESOTA YOUTH AVIATION FOUNDATION 10 OTTER COURT NORTH MANKATO MN 56003 NONE PUBLIC CHARITY SCHOLARSHIP PROGRAM SUPPORT 50000 STEM FLIGHTS 526 KING STREET STE 506 ALEXANDRIA VA 22314 NONE PUBLIC CHARITY SCHOLARSHIP PROGRAM SUPPORT 100000 AIR RACE CLASSIC 29604 179TH PLACE SE KENT WA 98042 NONE PUBLIC CHARITY OPERATING BUDGET SUPPORT 25000 SOUTHEASTERN GUIDE DOGS 4210 77TH STREET EAST PALMETTO FL 34221 NONE PUBLIC CHARITY OPERATING BUDGET SUPPORT 250000 MINNESOTA ACE CAMP 5353 GAMBLE DRIVE STE 320 ST LOUIS PARK MN 55416 NONE PUBLIC CHARITY OPERATIONS AND SCHOLARSHIP SUPPORT 12500 WINGS OVER THE ROCKIES 13005 WINGS WAY ENGLEWOOD CO 80112 NONE PUBLIC CHARITY SCHOLARSHIP FUNDING SUPPORT 250000 RENO AIR RACING ASSOCIATION 14501 MT ANDERSON STREET RENO NV 89506 NONE PUBLIC CHARITY SCHOLARSHIP FUNDING SUPPORT 50000 TEENS IN FLIGHT 13 CHADWICK CT PALM COAST FL 32137 NONE PUBLIC CHARITY OPERATING SUPPORT 53000 THE HERITAGE FOUNDATION 214 MASSACHUAETTS AVE NE WASHINGTON DC 20002 NONE PUBLIC CHARITY INTERNSHIPS 30000 THE IMMOKALEE FOUNDATION 2375 TAMIAMI TRAIL N NAPLES FL 34103 NONE PUBLIC CHARITY MATCHING GRANT PATHWAYS PROGRAMS SUPPORT 1000000 THE LEROY HOMER FOUNDATION PO BOX 268 MARLTON NJ 08053 NONE PUBLIC CHARITY FLIGHT SCHOLARSHIP FUNDING 30000 WILLIAMSBURG AVIATION 102 MARCLAY ROAD MILLIAMSBURG VA 23185 NONE PUBLIC CHARITY FLIGHT SCHOLARSHIP FUNDING 50000 9150800 0 14 197647 14 3918017 14 3532 18 5285124 0 9404320 0 9404320 0 0 0 0 0 0 0 0 0 0 X X 1 ESTATE OF JAMES C RAY 100 AVIATION DRIVE SOUTH STE 203 NAPLES FL 34104 1071840 X 2 JAMES C RAY 2012 CRUT 100 AVIATION DRIVE SOUTH STE 203 NAPLES FL 34104 1029439 X TAX RETURN PREPARATION 3500 525 2975 COMPUTER AND PERIFERALS 2004-09-20 10814 10814 SL 5.000000000000 0 0 CARPET 2004-10-25 4600 4600 SL 5.000000000000 0 0 HANGAR 2018-06-18 470000 36153 SL 39.000000000000 12051 0 CARAVAN N239JR 2018-10-01 1475000 579464 SL 7.000000000000 210714 0 CARAVAN GARMAN AUTO PILOT UPGRADE 2020-01-28 66469 13452 SL 7.000000000000 9496 0 215500 BSV 17864309 16548245 9152 A 48427 1086982 8055 AKAM 4014 735663 2352 ALVR 29625 0 12000 AXP 848195 1663440 20244 APA 156900 706516 183600 AAPL 1106763 25101792 313960 T 2529661 6580602 2989 AZO 32764 6423720 35716 BAC 841735 1111839 3000 BDX 649964 739590 6000 BA 398624 820320 37454 BP 559977 1061821 15500 BMY 739030 1193500 7000 CAT 262851 1251320 36012 CHV 615760 5213817 15714 CIEN 52545 718130 26512 CSCO 127056 1130472 10000 C 769312 459900 9980 KO 250378 627842 174214 CMCSA 1474341 6836157 44336 COP 244537 3981816 10000 DHR 294686 2535200 5772 DELL 5772 418663 123804 XOM 1161687 10602575 60000 F 716396 667800 5000 FTV 78148 271900 23000 GRMN 905491 2259750 10000 GSK 77163 435300 3000 GS 723397 891060 1504 GOOG 386360 3289925 1500 GOOGL 387631 3268890 13260 PEAK 150033 343567 52000 HPE 75405 689520 52000 HPQ 154568 1704560 37920 HON 616974 6590875 206000 HRL 325094 9756160 3191 NGVT 43465 201480 20800 JPM 532877 2342288 24000 JBL 607975 1229040 10000 JNJ 616868 1775100 4576 KEYS 18470 630802 12000 KHC 654143 457680 4166 LLY 249132 1350742 17000 LOW 519379 2969390 13699 MDT 599959 1229485 27460 MRK 701604 2503528 8000 MDLZ 184093 496720 4300 MSI 258401 901280 15000 NSRGY 77163 1745850 15000 NWN 255438 796500 9000 NVS 215037 760770 21000 ORCL 275640 1467270 5400 ORLY 151869 3411504 7000 PAYX 204885 797090 34617 PFE 769369 1814969 21000 PSX 72843 1721790 11393 PTC 42521 1211532 3000 RAYS# 3666 0 20000 SLB 152417 715200 27684 SNPS 61023 8407631 26070 TMUS 41456 3507458 3870 TEL 74299 437890 5500 TRV 583987 930215 43879 USB 390528 2019312 84403 VZ 1934195 4283452 51000 VSAT 3468 1562130 29256 VOD 296275 455808 17194 WFC 298026 673489 7500 ZBH 613423 787950 8000 IYF 214056 559840 131000 ITOT 7732475 10975180 15510 VB 2385982 2731466 13470 VO 2191174 2653186 2500 MMM 510570 323525 9702 CVS 715072 898987 5200 ABBV 364499 796432 8000 AMZN 760207 849680 7000 CARR 51554 249620 5510 CRNC 14220 139017 11200 GILD 830635 692272 3500 OTIS 72091 247345 7000 RTX 152134 672770 4000 AMGN 878825 973200 600 EMBC 15257 15192 10000 INTC 448600 374100 2500 NVAX 246250 128575 3992 VMW 6025 455008 75951 WBD 776224 1019262 750 ZIMV 14487 12008 790 IVV 217619 299529 BEECHWOOD BARTOW LLC AT COST 2929349 2577139 BEECHWOOD LAKELAND AT COST 2390967 1697587 BEECHWOOD PLAZA OSHKOSH AT COST 358681 254663 COMPUTER AND PERIFERALS 10814 10814 0 CARPET 4600 4600 0 HANGAR 470000 48204 421796 CARAVAN N239JR 1475000 790178 684822 CARAVAN GARMAN AUTO PILOT UPGRADE 66469 22948 43521 MARINA SLIPS 70000 UBTI FROM FORM 990T 153702 AIRCRAFT EXPENSE 71287 0 71287 BANK AND FILING FEES 2696 404 2292 PAYROLL SERVICE FEE 2400 360 2040 INSURANCE 17130 2570 14560 MISCELLANEOUS 3532 3532 3532 PPP LOAN FORGIVENESS 262801 ROUNDING 3 INTERESTS IN 4 HOTEL PARTNERSHIPS HAVE BEEN REDUCED BY 29% DUE TO THEIR LACK OF MARKETABILITY. ATTEMPTS TO SELL THESE INTERESTS HAVE MET WITH LITTLE SUCCESS. THE 29% DISCOUNT RATE IS BASED ON THE ACTUAL SALE OF A FIFTH HOTEL INTEREST AT 71% OF ITS BOOK VALUE. BOOK VALUE DERIVED FROM ESTATE VALUE AT THE DATE OF DEATH OF CONTRIBUTOR JAMES C RAY. EXCISE TAX ON INVESTMENT INCOME 149507 0 0 FOREIGN TAX PAID 17151 17151 0 PAYROLL TAXES 39811 7962 31849