PRIME FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- PRIME FOUNDATION INC (EIN 81-4380271)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-05
- IRS object ID
- 202543099349101314
- 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
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Decreases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-05T10:11:29-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331498605 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8181 E TUFTS AVE SUITE 600 | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80237 | 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 | 814380271 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRIME FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PRIM | BusinessNameControlTxt |
| Phone | 5742749502 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21255 SR 4 | AddressLine1Txt |
| City | LAKEVILLE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46536 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MAJORIE D SKAGGS | PersonNm |
| Person Title | PRESIDENT/TREASURER | PersonTitleTxt |
| Phone | 5742749502 | PhoneNum |
| Signature | 2025-11-04 | 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 | DORI EGGETT | PreparerPersonNm |
| PTIN | P00645252 | PTIN |
| Phone | 3037409400 | PhoneNum |
| Preparation | 2025-11-04 | 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 | $26,756,955 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $705,977 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $705,977 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,653,070 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,410,454 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,653,070 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $2,359,047 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,359,047 | 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 | $5,227 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $5,227 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $14,037 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $14,037 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $154,084 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $154,084 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $934 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $934 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $174,282 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $174,282 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,607,434 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,607,434 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,781,716 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $174,282 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,607,434 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $577,331 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,184,765 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $108,378 | CashBOYAmt |
| Cash EOY | $71,679 | CashEOYAmt |
| Cash EOYFMV | $71,679 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $307,078 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $531,169 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $531,169 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $13,161,971 | CorporateStockBOYAmt |
| Corporate Stock EOY | $12,116,805 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $19,659,983 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $4,788,648 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,228,393 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,494,124 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $18,366,075 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,948,046 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,756,955 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $10,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,000 | 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 | $18,366,075 | RetainedEarningBOYAmt |
| Retained Earning EOY | $18,938,046 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,366,075 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,938,046 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,366,075 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,948,046 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,366,075 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $577,331 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $18,943,406 | SubtotalAmt |
| Other Decreases | $5,360 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $18,938,046 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| STIFEL #7643 SALE OF PUBLICLY TRADED SECURITIES | 2024-01-01 | 2024-12-31 | $108,324 | $108,605 | -$281 | -$281 | |
| STIFEL #7643 SALE OF PUBLICLY TRADED SECURITIES | 2024-01-01 | 2024-12-31 | $3,308,402 | $2,444,216 | $864,186 | $864,186 | |
| STIFEL #8185 SALE OF PUBLICLY TRADED SECURITIES | 2024-01-01 | 2024-12-31 | $861,993 | $941,068 | -$79,075 | -$79,075 | |
| STIFEL #8185 SALE OF PUBLICLY TRADED SECURITIES | 2024-01-01 | 2024-12-31 | $2,131,636 | $1,263,495 | $868,141 | $868,141 | |
| CAPITAL GAINS DIVIDENDS | $99 | $99 | $99 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,653,070 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $30,368 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $30,368 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $30,368 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,399 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $36,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $45,399 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $998 | EsPenaltyAmt |
| Overpayment | $14,033 | OverpaymentAmt |
| Applied To ES Tax | $14,033 | 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 | 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 | MARJORIE D SKAGGS | IndividualWithBooksNm |
| Phone | 5742749502 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21255 SR 4 | AddressLine1Txt |
| City | LAKEVILLE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46536 | 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| JENNIFER MERRILL | ||||||||
| 21255 SR 4 | LAKEVILLE | IN | 46536 | SECRETARY | 1.00 | $0 | $0 | $0 |
| MAJORIE SKAGGS | ||||||||
| 21255 SR 4 | LAKEVILLE | IN | 46536 | PRESIDENT/TREASURER | 1.00 | $0 | $0 | $0 |
| SCOTTY MERRILL | ||||||||
| 21255 SR 4 | LAKEVILLE | IN | 46536 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| MIKE HARDY | ||||||||
| 21255 SR 4 | LAKEVILLE | IN | 46536 | BOARD MEMBER | 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 | $25,614,360 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $457,182 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $26,071,542 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $26,071,542 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $391,073 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $25,680,469 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,284,023 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,284,023 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $30,368 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $30,368 | TotalTaxAmt |
| Distributable Before Adj | $1,253,655 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,253,655 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,253,655 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,607,434 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,607,434 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,253,655 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $13,429 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $432,366 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $445,795 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,607,434 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,253,655 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $353,779 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $799,574 | 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 | $799,574 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $13,429 | ExcessFromYear3Amt |
| Excess From Year1 | $432,366 | ExcessFromYear1Amt |
| Excess From Current Year | $353,779 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (17 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| REALSERRVICES INC | ||||||
| 1151 SOUTH MICHIGAN ST | SOUTH BEND | IN | 46601 | PC | ALZHEIMER AND DEMENTIA SERVICES | $5,000 |
| AMERICAN BOER GOAT ASSOCIATION | ||||||
| 4258 S JACKSON ST | SAN ANGELO | TX | 46218 | PC | GENERAL SUPPORT | $14,500 |
| BEACON HEALTH FDN | ||||||
| 615 N MICHIGAN | SOUTH BEND | IN | 46601 | PC | GENERAL SUPPORT | $30,000 |
| CULTIVATE FOOD RESCUE | ||||||
| 1403 PRAIRIE AVENUE | SOUTH BEND | IN | 46613 | PC | GENERAL SUPPORT | $10,000 |
| AMERICAN CANCER SOCIETY | ||||||
| 270 PEACHTREE ST NW STE 1300 | ATLANTA | GA | 30303 | PC | GENERAL SUPPORT | $5,000 |
| JUNIOR ACHIEVEMENT OF NORTHERN INC | ||||||
| 550 E WALLEN RD | FORT WAYNE | IN | 46825 | PC | GENERAL SUPPORT | $10,000 |
| OUR BROTHERS PLACE | ||||||
| 10490 INVERNESS CT | FISHERS | IN | 46037 | PC | GENERAL SUPPORT | $5,000 |
| LAKEVILLE UNITED METHODIST CURCH | ||||||
| 610 N MICHIGAN ST | LAKEVILLE | IN | 46536 | PC | GENERAL SUPPORT | $12,000 |
| NATIONS OF COACHES INC | ||||||
| 1323 STRATFORD RD SE | DECATUR | AL | 35601 | PC | GENERAL SUPPORT | $20,000 |
| NEWTON PARK | ||||||
| 21255 SR 4 | LAKEVILLE | IN | 46536 | POF | GENERAL SUPPORT | $1,340,000 |
| NOTRE DAME | ||||||
| 725 GRACE HALL | NOTRE DAME | IN | 46556 | PC | GENERAL SUPPORT | $30,000 |
| POTAWATOMI ZOOLOGICAL SOCIETY INC | ||||||
| 500 S GREENLAWN AVE | SOUTH BEND | IN | 46615 | PC | GENERAL SUPPORT | $75,000 |
| ST JOSEPH CNTY 4-H FAIR INC | ||||||
| 5117 S IRONWOOD | SOUTH BEND | IN | 46614 | PC | GENERAL SUPPORT | $32,150 |
| LAVILLE ELEMENTARY SCHOOL | ||||||
| 12645 TYLER ROAD | LAKEVILLE | IN | 46536 | PC | GENERAL SUPPORT | $3,284 |
| BOER GOAT NATION | ||||||
| 12987 KY HIGHWAY 7 | CORNETTSVILLE | KY | 41731 | PF | GENERAL SUPPORT | $10,000 |
| LAKEVILLE CONSERVATION CLUB | ||||||
| PO BOX 275 | LAKEVILLE | IN | 46536 | PC | GENERAL SUPPORT | $500 |
| HABITAT FOR HUMANITY | ||||||
| 402 E SOUTH ST | SOUTH BEND | IN | 46601 | PC | GENERAL SUPPORT | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,607,434 | 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 | $705,977 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,653,070 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,359,047 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,359,047 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $14,037 | Amt |
| Net Investment Income | $14,037 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEWTOWN PARK INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21255 ST RD 4 | AddressLine1Txt |
| City | LAKEVILLE | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46536 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2024-01-01 | GrantDt |
| Grant | $1,340,000 | GrantAmt |
| Purpose Of Grant | FOR OPERATING AND CAPITAL NEEDS TO PROVIDE FACILITY FOR YOUTH IN THE COMMUNITY - PROVIDE FACILITY TO IMPROVE HEALTH OF YOUTH IN COMMUNITY - SPORTS, EXERCISE, PLAY, ETC. | PurposeOfGrantTxt |
| Expended By Grantee | $1,340,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 12/31/24 | DatesOfReportsByGranteeTxt |
| Verification | 2024-12-31 | VerificationDt |
| Results Of Verification | VERIFIED | ResultsOfVerificationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (16 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AFFILIATED MANAGERS GROUP INC JR | $125,400 | $110,553 |
| AMERICAN FINANCIAL GROUP | $153,050 | $137,806 |
| AMERICAN FINL GROUP INC | $29,880 | $25,449 |
| BANK OF AMERICA CORP DEP | $166,975 | $159,062 |
| BANK OF AMERICA DEP SHS | $26,970 | $22,670 |
| BLACKROCK SHORT MATURITY BOND | $1,907,547 | $1,925,313 |
| BRIGHTHOUSE FINANCIAL | $37,440 | $35,250 |
| COFFEYVILLE KS | $200,000 | $199,270 |
| DUKE ENERGY COMPANY | $167,409 | $152,619 |
| ISHARES | $2,023,549 | $2,028,265 |
| JPMORGAN CHASE & CO | $740,210 | $1,092,025 |
| KEYCORP NEW DEP SHS | $117,887 | $99,845 |
| MORGAN STANLEY DEP SHS | $203,338 | $178,199 |
| SPDR BLOOMBERG | $67,134 | $67,018 |
| US BANCORP DEP SHS | $26,604 | $23,510 |
| EVANSVILLE IN ECON DEV REV FIFTH MAIN PKG | $235,000 | $237,270 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (67 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC | $113,726 | $285,209 |
| ACCENTURE PLC IRELAND CLASS A NEW | $289,320 | $741,573 |
| ALLSTATE CORP | $175,477 | $241,951 |
| ALPHABET INC | $247,709 | $456,592 |
| AMGEN INC | $84,310 | $110,772 |
| APPLE INC | $40,544 | $362,608 |
| ARTHUR J GALLAGHER & COMPANY | $194,400 | $383,198 |
| BLACKROCK INC | $254,102 | $485,902 |
| BROADCOM | $100,165 | $791,965 |
| CHEVRON CORP | $273,237 | $344,140 |
| CHUBB LTD | $98,401 | $201,146 |
| CISCO SYSTEMS INC | $93,616 | $178,192 |
| CME GROUP INC CL A | $360,301 | $434,967 |
| COCA-COLA COMPANY | $126,724 | $155,650 |
| CONSOLIDATED EDISON INC | $137,160 | $158,919 |
| COSTCO WHOLESALE CORP | $133,965 | $281,295 |
| DANAHER CORP | $88,621 | $288,085 |
| DARDEN RESTAURANTS INC | $312,234 | $378,047 |
| DOVER CORP COMMON | $150,005 | $427,728 |
| EATON CORP PLC | $27,442 | $145,359 |
| ELEVANCE HEALTH INC | $304,548 | $237,572 |
| EOG RESOURCES INC | $104,161 | $185,096 |
| EXXON MOBIL CORP | $164,603 | $271,507 |
| FISERV INC | $148,490 | $475,547 |
| GARMIN LTD | $160,925 | $304,027 |
| GENERAL DYNAMICS CORP | $139,862 | $180,227 |
| HARTFORD FINANCIAL | $132,109 | $207,860 |
| HOME DEPOT INC | $289,000 | $634,831 |
| HONEYWELL INTERNATIONAL INC | $200,090 | $391,467 |
| HOULIHAN LOKEY INC | $76,706 | $225,758 |
| ILLINOIS TOOL WORKS INC | $94,787 | $167,350 |
| INTERCONTINENTAL EXCHANGE INC | $263,526 | $409,778 |
| INTERNATIONAL BUSINESS MACHINE CORP | $91,696 | $119,807 |
| JOHNSON & JOHNSON | $124,635 | $154,310 |
| KINDER MORGAN INC DE | $115,982 | $245,230 |
| LOCKHEED MARTIN CORP | $172,732 | $229,364 |
| MEDTRONIC PLC | $144,917 | $151,452 |
| MERCK & COMPANY INC NEW | $157,422 | $206,520 |
| MICROSOFT CORP | $109,426 | $746,898 |
| MORGAN STANLEY | $468,116 | $627,846 |
| MOTOROLA SOLUTIONS INC | $137,758 | $367,011 |
| NEXTERA ENERGY INC | $197,289 | $185,175 |
| NOVARTIS AG | $102,886 | $162,021 |
| PAYCHEX INC | $165,061 | $353,074 |
| PEPSICO INCORPORATED | $159,969 | $127,730 |
| PFIZER INCORPORATED | $98,448 | $83,172 |
| PRICE T ROWE GROUP INC | $279,078 | $215,776 |
| PROGRESSIVE CORP OH | $211,502 | $527,142 |
| RTX CORP | $234,720 | $346,813 |
| SOUTHERN COMPANY | $117,081 | $189,501 |
| STRYKER CORP | $114,073 | $261,756 |
| TEXAS INSTRUMENTS INC | $315,305 | $436,523 |
| UNITED PARCEL SERVICE | $443,213 | $315,124 |
| UNION PACIFIC CORP | $196,487 | $202,500 |
| UNITED HEALTH GROUP | $212,270 | $207,403 |
| WATSCO INC | $61,134 | $97,147 |
| WEC ENERGY GROUP INC | $319,931 | $367,884 |
| WILLIAMS COS INC DEL | $127,479 | $256,421 |
| AUTOMATIC DATA | $63,329 | $188,518 |
| BROADRIDGE FINANCIAL SOLUTIONS INC | $233,970 | $197,603 |
| GENUINE PARTS CO | $177,226 | $133,223 |
| SEMPRA | $175,485 | $175,440 |
| EXTRA SPACE STORAGE INC | $183,709 | $177,276 |
| FASTENAL CO | $248,823 | $214,004 |
| MARSH & MCLENNAN COS INC | $197,864 | $215,171 |
| MCDONALDS CORP | $241,826 | $251,625 |
| SELECT SECTOR COMMUNICATION SERVICES SELECT SECTOR SPDR ETF | $335,697 | $379,205 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL EXPENSES | CategoryTxt |
| Legal Fees | $5,227 | LegalFeesAmt |
| Net Investment Income | $5,227 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MARK TO MARKET ADJUSTMENT | Desc |
| Amt | $5,360 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GRANTS IN TRANSIT | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $10,000 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT | CategoryTxt |
| Amt | $154,084 | Amt |
| Net Investment Income | $154,084 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX PAID | CategoryTxt |
| Amt | $934 | Amt |
| Net Investment Income | $934 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |