ARKANSAS FARM BUREAU SCHOLARSHIP FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ARKANSAS FARM BUREAU SCHOLARSHIP FOUNDATION (EIN 71-0888051)
- Tax period
- 2023-11-01 to 2024-10-31
- Filed
- 2025-02-05
- IRS object ID
- 202530369349100703
- Schema version
- 2023v6.0
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Other Assets Schedule
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-02-05T08:22:10-06:00 | ReturnTs |
| Tax Period End | 2024-10-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 710355269 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LANDMARK PLC CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 W CAPITOL AVE SUITE 1700 | AddressLine1Txt |
| City | LITTLE ROCK | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-11-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 710888051 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARKANSAS FARM BUREAU SCHOLARSHIP | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ARKA | BusinessNameControlTxt |
| Phone | 5012244400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10720 KANIS ROAD | AddressLine1Txt |
| City | LITTLE ROCK | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72211 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LEIGH PRUSS | PersonNm |
| Person Title | VP, FINANCE | PersonTitleTxt |
| Phone | 5012244400 | PhoneNum |
| Signature | 2025-01-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHERRY CHESSER CPA | PreparerPersonNm |
| PTIN | P00174819 | PTIN |
| Phone | 5013752025 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | 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 | $1,097,848 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $50,025 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $5,848 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $5,848 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $44,750 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $44,750 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $43,603 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $267,088 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $80,026 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $144,226 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $130,624 | 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 |
| Other Prof Fees Rev And Expnss | $3,099 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $3,099 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,773 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,872 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,099 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $85,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $85,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $89,872 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,099 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $85,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $54,354 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $127,525 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $89,039 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $107,345 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $107,345 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $47,051 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $50,814 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $50,814 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $218,819 | CorporateStockBOYAmt |
| Corporate Stock EOY | $270,246 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $270,246 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $618,989 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $660,807 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $660,807 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $7,989 | OtherAssetsBOYAmt |
| Other Assets EOY | $8,636 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $8,636 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $981,887 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,097,848 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,097,848 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $163 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,093 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $163 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,093 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $32,176 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $147,182 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $949,548 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $949,573 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $981,724 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,096,755 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $981,887 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,097,848 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $981,724 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $54,354 | ExcessRevenueOverExpensesAmt |
| Other Increases | $60,677 | OtherIncreasesAmt |
| Subtotal | $1,096,755 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,096,755 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| SOLVENTUM CORPORATION | P | 2024-04-01 | 2024-04-09 | $17 | $23 | -$6 | -$6 |
| ALTRIA GROUP, INC | P | 2020-04-23 | 2024-07-03 | $45,954 | $38,425 | $7,529 | $7,529 |
| KINDER MORGAN, INC | P | 2020-05-18 | 2024-07-03 | $48,961 | $31,142 | $17,819 | $17,819 |
| ABBVIE, INC | P | 2020-05-11 | 2024-07-03 | $57,495 | $30,020 | $27,475 | $27,475 |
| BLACKSTONE, INC | P | 2020-05-11 | 2024-07-03 | $69,665 | $27,378 | $42,287 | $42,287 |
| 3M COMPANY | P | 2020-05-11 | 2024-07-03 | $20,737 | $25,403 | -$4,666 | -$4,666 |
| VERIZON COMMUNICATIONS | P | 2020-05-11 | 2024-07-30 | $21,634 | $30,027 | -$8,393 | -$8,393 |
| SOLVENTUM CORPORATION | P | 2024-04-01 | 2024-07-03 | $2,625 | $4,644 | -$2,019 | -$2,019 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $80,026 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,773 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,773 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,773 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $680 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $680 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $1,093 | TaxDueAmt |
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 | AR | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | LEIGH PRUSS | IndividualWithBooksNm |
| Phone | 5012244400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 31 | AddressLine1Txt |
| City | LITTLE ROCK | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72203 | 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 | Yes (1) | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| DAN WRIGHT | ||||||||
| PO BOX 31 | LITTLE ROCK | AR | 72203 | PRESIDENT | 0.50 | $0 | $0 | $0 |
| MIKE FREEZE | ||||||||
| PO BOX 31 | LITTLE ROCK | AR | 72203 | VICE-PRESIDENT | 0.50 | $0 | $0 | $0 |
| JARROD W YATES | ||||||||
| PO BOX 31 | LITTLE ROCK | AR | 72203 | EXECUTIVE VICE PRESIDENT | 0.50 | $0 | $0 | $0 |
| TERRY DABBS | ||||||||
| PO BOX 31 | LITTLE ROCK | AR | 72203 | SECRETARY/TREASURER | 0.50 | $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 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | TO ESTABLISH AND MAINTAIN A COLLEGE SCHOLARSHIP FUND TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS PURSUING STUDIES IN AGRICULTURE AS AN UNDERGRADUATE OR GRADUATE STUDENT AT A COLLEGE, UNIVERSITY, OR OTHER QUALIFYING EDUCATIONAL INSTITUTION. | Description1Txt |
| Expenses1 | $85,000 | Expenses1Amt |
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 | $971,679 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $151,011 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,122,690 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,122,690 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $16,840 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,105,850 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $55,293 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $55,293 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,773 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,773 | TotalTaxAmt |
| Distributable Before Adj | $53,520 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $53,520 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $53,520 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $85,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $85,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $53,520 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $30,453 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $85,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $30,453 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $53,520 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,027 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,027 | 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 | $1,027 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $1,027 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | JUSTIN REYNOLDS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 31 | AddressLine1Txt |
| City | LITTLE ROCK | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5012244400 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS SHOULD BE SUBMITTED ON THE ARKANSAS FARM BUREAU SCHOLARSHIP FOUNDATION APPLICATION FOR SCHOLARSHIP FORM. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | JUNE 1 | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE SCHOLARSHIP IS OPEN TO JUNIORS AND SENIORS WITH A MINIMUM OF TWO FULL SEMESTERS REQUIRED FOR COMPLETION OF THEIR DEGREE. THE APPLICANT MUST BE AN ARKANSAS RESIDENT, AND PLANNING A CAREER IN OR RELATED TO THE AGRICULTURAL INDUSTRY. SELECTION IS BASED UPON ACADEMIC ACHIEVEMENT, CHARACTER, CAREER PLANS, FINANCIAL NEED AND LEADERSHIP POTENTIAL APPLICANTS. THE APPLICANT MUST BE A CHILD OR GRANDCHILD OF FARM BUREAU A MEMBER, AND MAINTAIN A SPECIFIED GPA TO RECEIVE THE SCHOLARSHIP. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AINSLEY PURIFOY CO SOUTHERN ARKANSA | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $2,500 |
| ALEX JENNINGS CO ARKANSAS TECH UNIV | |||||||
| 215 W O STREET | RUSSELLVILLE | AR | 72801 | NONE | I | SCHOLARSHIP | $2,500 |
| BROOKE BRADFORD CO UNIVERSITY OF AR | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72701 | NONE | I | SCHOLARSHIP | $2,500 |
| CATELYN PARKER CO ARKANSAS STATE UN | |||||||
| 101 N CARAWAY RD | JONESBORO | AR | 72401 | NONE | I | SCHOLARSHIP | $2,500 |
| GRACIE HEWAT CO UNIVERSITY OF ARKAN | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72701 | NONE | I | SCHOLARSHIP | $2,500 |
| HANNAH HARRISON CO ARKANSAS TECH UN | |||||||
| 215 W O STREET | RUSSELLVILLE | AR | 72801 | NONE | I | SCHOLARSHIP | $6,000 |
| KEELY PLYLER CO SOUTHERN ARKANSAS U | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $2,500 |
| LANEY MOORE CO ARKANSAS TECH UNIVER | |||||||
| 215 W O STREET | RUSSELLVILLE | AR | 72801 | NONE | I | SCHOLARSHIP | $2,500 |
| MAKORI GABOUREL CO SOUTHERN ARKANSA | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $2,500 |
| MALI DOLLY CO SOUTHERN ARKANSAS UNI | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $2,500 |
| NORALEE TOWNSEND CO UNIVERSITY OF A | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72701 | NONE | I | SCHOLARSHIP | $2,500 |
| RANCE WAGONER CO ARKANSAS STATE UNI | |||||||
| 2105 AGGIE ROAD | JONESBORO | AR | 72401 | NONE | I | SCHOLARSHIP | $2,500 |
| SARAH BARKHIMER CO SOUTHERN ARKANSA | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $2,500 |
| JD SMITH CO UNIVERSITY OF ARKANSAS | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72701 | NONE | I | SCHOLARSHIP | $3,500 |
| KATEE JOHNSON CO UNIVERSITY OF ARKA | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72701 | NONE | I | SCHOLARSHIP | $3,500 |
| MOLLY PARKER CO UNIVERSITY OF ARKAN | |||||||
| 120 N MCILROY AVE | FAYETTEVILLE | AR | 72701 | NONE | I | SCHOLARSHIP | $3,500 |
| KELCY LAMKIN CO SOUTHERN ARKANSAS U | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $3,500 |
| SARA SWEAT CO SOUTHERN ARKANSAS UNI | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $3,500 |
| KALLI SMITH CO SOUTHERN ARKANSAS UN | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $3,500 |
| EMMA COOK CO SOUTHERN ARKANSAS UNIV | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $3,500 |
| HARLEY WARREN CO SOUTHERN ARKANSAS | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $3,500 |
| ALYSON RAE KYZER CO SOUTHERN ARKANS | |||||||
| 100 EAST UNIVERSITY | MAGNOLIA | AR | 71753 | NONE | I | SCHOLARSHIP | $3,500 |
| SAMUEL HALL CO ARKANSAS STATE UNIVE | |||||||
| 101 N CARAWAY RD | JONESBORO | AR | 72401 | NONE | I | SCHOLARSHIP | $3,500 |
| TAYLOR HOOVER CO ARKANSAS STATE UNI | |||||||
| 101 N CARAWAY RD | JONESBORO | AR | 72401 | NONE | I | SCHOLARSHIP | $3,500 |
| BRAYDEN TAYLOR CO ARKANSAS STATE UN | |||||||
| 101 N CARAWAY RD | JONESBORO | AR | 72401 | NONE | I | SCHOLARSHIP | $3,500 |
| KENDRA HULSEY CO ARKANSAS TECH UNIV | |||||||
| 215 W O STREET | RUSSELLVILLE | AR | 72801 | NONE | I | SCHOLARSHIP | $3,500 |
| BLAKELY WILLIAMS CO ARKANSAS TECH U | |||||||
| 215 W O STREET | RUSSELLVILLE | AR | 72801 | NONE | I | SCHOLARSHIP | $3,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $85,000 | 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 | $5,848 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $44,750 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $43,603 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $94,201 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $94,201 | 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 | Yes (1) | SharingOfFacilitiesEtcInd |
Transfer Schedule Detail TransferScheduleDetail (2 entries)
| Line NumberLineNumberTxt | InvolvedInvolvedAmt | Transfers Trans And Shr ArrngmTransfersTransAndShrArrngmDesc |
|---|---|---|
| ARKANSAS FARM BUREAU FEDERATION | ||
| 1c | $0 | THE FOUNDATION OCCUPIES OFFICE SPACE LOCATED IN A BUILDING OWNED BY FARM BUREAU BUILDING, INC., A SUBSIDIARY OF ARKANSAS FARM BUREAU FEDERATION, RENT FREE. |
| ARKANSAS FARM BUREAU FEDERATION | ||
| 1c | $0 | ARKANSAS FARM BUREAU FEDERATION PROVIDES ADMINISTRATIVE SERVICES TO THE FOUNDATION AT NO CHARGE. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationships Nonchrtbl EO | Yes (1) | RelationshipsNonchrtblEOInd |
Relationship Schedule Detail RelationshipScheduleDetail
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARKANSAS FARM BUREAU FEDERATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Type | 501(C)(5) | OrganizationTypeDesc |
| Relationship Description | SEE PREVIOUS STATEMENTS. | RelationshipDescriptionTxt |
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 | ARKANSAS FARM BUREAU INVESTMENT CORPORATION | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10720 KANIS ROAD | AddressLine1Txt |
| City | LITTLE ROCK | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72211 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $50,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (10 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GENERAL ELECTRIC CAPITAL | $27,355 | $27,355 |
| VERIZON COMMUNICATIONS | $137,129 | $137,129 |
| PHILLIPS 66 | $38,468 | $38,468 |
| QUALCOMM | $29,803 | $29,803 |
| GOLDMAN SACHS GROUP | $71,105 | $71,105 |
| GOLDMAN SACHS GROUP | $99,301 | $99,301 |
| WELLS FARGO | $49,502 | $49,502 |
| META PLATFORMS | $50,685 | $50,685 |
| PACIFICORP 1ST MTG | $62,014 | $62,014 |
| INTEL CORPORATION | $95,445 | $95,445 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INVESCO NASDAQ | $66,707 | $66,707 |
| VANGUARD INDEX FUND S&P 500 EFT | $133,281 | $133,281 |
| VANGUARD TOTAL STOCK MARKET | $70,258 | $70,258 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $50,814 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $50,814 | StateLocalSecEOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST RECEIVABLE | Desc |
| BOY Book Value | $7,989 | BOYBookValueAmt |
| EOY Book Value | $8,636 | EOYBookValueAmt |
| EOYFMV | $8,636 | EOYFMVAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $60,677 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $163 | BOYBookValueAmt |
| EOY Book Value | $1,093 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEE | CategoryTxt |
| Amt | $3,099 | Amt |
| Net Investment Income | $3,099 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE | CategoryTxt |
| Amt | $1,773 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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