LARGENT FAM PRIVATE FOUNDATION TR: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: LARGENT FAM PRIVATE FOUNDATION TR (EIN 30-6331310)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-03-10
IRS object ID: 202510699349100801
Schema version: 2024v5.0
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
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-03-10T12:00:03-04:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	812536303	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	NERONE CLLB & ASSOCIATES LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4935 OLENTANGY RIVER ROAD	AddressLine1Txt
City	COLUMBUS	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	43214	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	306331310	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LARGENT FAMILY PRIVATE FOUNDATION	BusinessNameLine1Txt
Business Name Line2	TRUST	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	LARG	BusinessNameControlTxt
Phone	7405484936	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6774 MAHOGANY DRIVE	AddressLine1Txt
City	GALENA	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	43021	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	WILLIAM H LARGENT	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	7405484936	PhoneNum
Signature	2025-02-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	false	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	R ALLEN CLEMENT	PreparerPersonNm
PTIN	P00402577	PTIN
Phone	6144595100	PhoneNum
Preparation	2025-03-10	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	$4,261,400	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	$40,000	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$6,106	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$6,106	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$6,106	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$216,005	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$216,005	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$216,005	DividendsAdjNetIncmAmt
Total Rev And Expnss	$262,111	TotalRevAndExpnssAmt
Total Net Invst Incm	$222,111	TotalNetInvstIncmAmt
Total Adj Net Incm	$222,111	TotalAdjNetIncmAmt
Taxes Rev And Expnss	$4,200	TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss	$1,195	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$5,395	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$279,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$279,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$284,395	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$279,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$22,284	ExcessRevenueOverExpensesAmt
Net Investment Income	$222,111	NetInvestmentIncomeAmt
Adjusted Net Income	$222,111	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$39,054	CashBOYAmt
Cash EOY	$15,662	CashEOYAmt
Cash EOYFMV	$15,662	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$4,443,422	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$4,444,530	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$4,245,738	SavAndTempCashInvstEOYFMVAmt
Total Assets BOY	$4,482,476	TotalAssetsBOYAmt
Total Assets EOY	$4,460,192	TotalAssetsEOYAmt
Total Assets EOYFMV	$4,261,400	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$4,482,476	RetainedEarningBOYAmt
Retained Earning EOY	$4,460,192	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$4,482,476	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$4,460,192	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$4,482,476	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$4,460,192	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$4,482,476	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$22,284	ExcessRevenueOverExpensesAmt
Subtotal	$4,460,192	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$4,460,192	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$3,087	InvestmentIncomeExciseTaxAmt
Subtotal	$3,087	SubtotalAmt
Tax Based On Investment Income	$3,087	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$2,820	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$2,820	TotalPaymentsAndCreditsAmt
Tax Due	$267	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	WILLIAM H LARGENT	IndividualWithBooksNm
Phone	7405484936	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	6774 MAHOGANY DRIVE	AddressLine1Txt
City	GALENA	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	43021	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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
WILLIAM H LARGENT
6774 MAHOGANY DRIVE	GALENA	OH	43021	TRUSTEE	000.00	$0	$0	$0
AMY R LARGENT
6774 MAHOGANY DRIVE	GALENA	OH	43021	TRUSTEE	000.00	$0	$0	$0
ROBERT M LARGENT
6774 MAHOGANY DRIVE	GALENA	OH	43021	TRUSTEE	000.00	$0	$0	$0
JUSTIN W LARGENT
6774 MAHOGANY DRIVE	GALENA	OH	43021	TRUSTEE	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$4,345,806	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$27,884	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$4,373,690	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$4,373,690	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$65,605	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$4,308,085	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$215,404	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$215,404	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$3,087	TaxBasedOnInvestmentIncomeAmt
Total Tax	$3,087	TotalTaxAmt
Distributable Before Adj	$212,317	DistributableBeforeAdjAmt
Distributable Before Ded	$212,317	DistributableBeforeDedAmt
Distributable As Adjusted	$212,317	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$279,000	ExpensesAndContributionsAmt
Qualifying Distributions	$279,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$212,317	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3	$7,543	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$6,919	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$36,144	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$50,606	TotalExcessDistributionCyovAmt
Qualifying Distributions	$279,000	QualifyingDistributionsAmt
Applied To Current Year	$212,317	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$66,683	RemainingDistriFromCorpusAmt
Total Corpus	$117,289	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$117,289	ExcessDistriCyovToNextYrAmt
Excess From Year3	$7,543	ExcessFromYear3Amt
Excess From Year2	$6,919	ExcessFromYear2Amt
Excess From Year1	$36,144	ExcessFromYear1Amt
Excess From Current Year	$66,683	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	WILLIAM H AND AMY R LARGENT	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SEE ATTACHED	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	6774 MAHOGANY DRIVE	AddressLine1Txt
City	GALENA	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	43021	ZIPCd

Field	Value	IRS element (for citing)
Recipient Foundation Status	PC	RecipientFoundationStatusTxt
Grant Or Contribution Purpose	CHARITABLE	GrantOrContributionPurposeTxt
Amt	$279,000	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$279,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$6,106	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$216,005	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$222,111	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$222,111	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
STATE OF OHIO FEES	$200
TAX RETURN PERPARATION	$995

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT TAXES/LICENSES	CategoryTxt
Amt	$4,200	Amt

LARGENT FAM PRIVATE FOUNDATION TR: Form 990PF, tax year 2024

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

Recipient US Address RecipientUSAddress

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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