FORSZT BROTHERS CHARITABLE FOUNDATION INC: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- FORSZT BROTHERS CHARITABLE FOUNDATION INC (EIN 92-0429438)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-14
- IRS object ID
- 202611349349102961
- Schema version
- 2025v4.1
- 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
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-14T11:57:38-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | 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 | 2025-01-01 | 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 | 2026-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TAMARA L LYNCH | PreparerPersonNm |
| PTIN | P00060108 | PTIN |
| Phone | 2197693616 | PhoneNum |
| Preparation | 2026-05-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | 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 | $3,560,954 | 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 | $206,360 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,550 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,550 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $118,629 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $118,629 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $182,255 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $691,798 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $182,255 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $509,794 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $303,434 | 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 | $1,960 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,950 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $32,403 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $17,379 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $17,339 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $55,692 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $17,339 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $150,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $150,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $205,692 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $17,339 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $150,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $304,102 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $286,095 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $43,446 | CashBOYAmt |
| Cash EOY | $13,050 | CashEOYAmt |
| Cash EOYFMV | $13,050 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $992,301 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $522,003 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $522,611 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $399,714 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $449,537 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $454,872 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $149,629 | CorporateStockBOYAmt |
| Corporate Stock EOY | $792,509 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,091,775 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,338,334 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,450,427 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,478,646 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $2,923,424 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,227,526 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,560,954 | 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 | $2,923,424 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,227,526 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,923,424 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,227,526 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,923,424 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,227,526 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,923,424 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $304,102 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,227,526 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,227,526 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $691,615 | $509,543 | $182,072 | $182,072 | |
| CAPITAL GAINS DIVIDENDS | $183 | $183 | $183 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $182,255 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,977 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,977 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,977 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,688 | 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 | $16,688 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $12,711 | OverpaymentAmt |
| Applied To ES Tax | $12,711 | 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 | 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 | $2,617,022 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $500,818 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,117,840 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,117,840 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $46,768 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,071,072 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $153,554 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $153,554 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,977 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,977 | TotalTaxAmt |
| Distributable Before Adj | $149,577 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $149,577 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $149,577 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $150,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $150,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $149,577 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $63,699 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $51,568 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $115,267 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $150,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $149,577 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $423 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $115,690 | 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 | $115,690 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $63,699 | ExcessFromYear2Amt |
| Excess From Year1 | $51,568 | ExcessFromYear1Amt |
| Excess From Current Year | $423 | 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 (31 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ABUSE COUNSELING & TREATMENT INC | |||||||
| PO BOX 60401 | FORT MYERS | FL | 33906 | N/A | PC | OPERATING FUNDS | $2,500 |
| BOYS & GIRLS CLUB OF GREATER NORTHWEST INDIANA INC | |||||||
| 3691 WILLOWCREEK RD STE 200 | PORTAGE | IN | 46368 | N/A | PC | OPERATING FUNDS | $3,000 |
| CANINE COMPANIONS | |||||||
| ATTN PAIGE MAZZONI | SANTA ROSA | CA | 95407 | N/A | PC | OPERATING FUNDS | $10,000 |
| CARING PLACE INCORPORATED | |||||||
| 607 BULLSEYE LAKE RD | 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 | $2,000 |
| HAROLD HAL KELLEY RESPITE FOUNDATION | |||||||
| 1408 CHICAGO ST | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $15,000 |
| HILLTOP NEIGHBORHOOD HOUSE INC | |||||||
| 460 COLLEGE AVE | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $10,000 |
| HOPE DEVELOPMENT DEPARTMENT | |||||||
| 9470 HEALTHPARK CIRCLE | FORT MYERS | FL | 33908 | N/A | PC | OPERATING FUNDS | $5,000 |
| HUMANE INDIANA | |||||||
| 8149 KENNEDY AVE | HIGHLAND | IN | 46322 | 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 |
| LAKE COUNTY SHERIFF'S ANIMAL CONTROL | |||||||
| 3011 W 93RD AVE | CROWN POINT | IN | 46307 | N/A | PC | OPERATING FUNDS | $2,500 |
| LAKESHORE PAWS INC | |||||||
| 4611 EVANS AVE | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $5,000 |
| LARC | |||||||
| 2570 HANSON ST | FORT MYERS | FL | 33901 | N/A | PC | OPERATING FUNDS | $3,500 |
| OPPORTUNITY ENTERPRISES INC | |||||||
| 2801 EVANS AVE | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $5,000 |
| PORTER COUNTY AG SOCIETY | |||||||
| 217 E DIVISION | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $1,000 |
| 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 | $20,000 |
| ST AGNES ADULT DAY SERVICE CENTER | |||||||
| 1859 HARRISON BLVD | VALPARAISO | IN | 46385 | N/A | PC | OPERATING FUNDS | $5,000 |
| VETERANS OF FOREIGN WARS DEPT OF IN AUXILIARY | |||||||
| 705 ROOSEVELT RD | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $2,500 |
| VISITING NURSE ASSOCIATION OF PORTER COUNTY INDIANA INC | |||||||
| 501 MARQUETTE ST | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $10,000 |
| WORLD CENTRAL KITCHEN | |||||||
| PO BOX 96538 | WASHINGTON | DC | 20090 | N/A | PC | OPERATING FUNDS | $2,500 |
| AMERICAN LEGION | |||||||
| 4 MONROE STREET | VALPARAISO | IN | 46383 | N/A | PC | OPERATING FUNDS | $2,500 |
| TUNNELS TO TOWERS FOUNDATION | |||||||
| 2361 HYLAN BLVD | STATEN ISLAND | NY | 10306 | N/A | PC | OPERATING FUNDS | $4,000 |
| NATIONAL WILDLIFE FEDERATION | |||||||
| 11100 WILDLIFE CENTER DRIVE | RESTON | VA | 20190 | N/A | PC | OPERATING FUNDS | $2,500 |
| KIND FUND | |||||||
| 125 MAIDEN LANE | NEW YORK | NY | 10038 | N/A | PC | OPERATING FUNDS | $2,500 |
| AFRICAN WILDLIFE FOUNDATION | |||||||
| 1100 NEW JERSEY AVE SE | WASHINGTON | DC | 20003 | N/A | PC | OPERATING FUNDS | $5,000 |
| SHIRLEY HEINZE LAND TRUST | |||||||
| 109 W 700 N | VALPARAISO | IN | 46385 | N/A | PC | OPERATING FUNDS | $5,000 |
| CATHOLIC CHARITIES DOV | |||||||
| 28360 BEAUMONT RD | BONITA SPRINGS | FL | 34134 | N/A | PC | OPERATING FUNDS | $2,000 |
| SHRINERS CHILDRENS | |||||||
| PO BOX 947765 | ATLANTA | GA | 30394 | N/A | PC | OPERATING FUNDS | $5,000 |
| AMERICAN HEART ASSOCIATION | |||||||
| PO BOX 840692 | DALLAS | TX | 75284 | N/A | PC | OPERATING FUNDS | $1,000 |
| LASALLE COUNCIL | |||||||
| 1340 SOUTH BEND AVE | SOUTH BEND | IN | 46617 | N/A | PC | OPERATING FUNDS | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $150,000 | 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 | $2,550 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $118,629 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $182,255 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $303,434 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $303,434 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARK FORSZT | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | $206,360 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 1500SHS PAVEFMV $71,370;200SHS GOOGFMV $48,636;468SHS SPYMFMV $36,677;130SHS MSFTFMV $67,093 | $223,776 | 2025-10-01 |
| 1 | 487SHS QQQ FMV $292,234;170SHS ORCL FMV $48,270; 1806 SHS EICOX FMV $32,507 | $373,011 | 2025-10-01 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $3,950 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | BASIS OF INVESTMENTS | IdentifierTxt |
| Form And Line Reference | FORM 990PF, BALANCE SHEET AND SCHEDULE B | FormAndLineReferenceDesc |
| Medium Explanation | THE FOUNDATION'S BALANCE SHEET IS MAINTAINED ON A COST BASIS. SCHEDULE B THEREFORE LISTS THE DONOR'S COST BASIS OF DONATED SECURITIES, WHILE EACH SECURITY'S FAIR MARKET VALUE IS LISTED IN THE DESCRIPTION OF NONCASH PROPERTY GIVEN.TOTAL MARK FORSZT DONATIONS TO THE FOUNDATION IN 2025:CASH $5,000SECURITIES DONATED $201,360 DONOR COST BASIS; $596,787 FAIR MARKET VALUE | MediumExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (30 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMAZON | $49,791 | $51,479 |
| AMERICAN HONDA FINANCE LLC | $50,000 | $50,009 |
| BANK OF AMERICA CORP | $49,835 | $50,205 |
| BANK OF NEW YORK MELLON | $50,237 | $50,162 |
| BRISTOL MYERS SQUIBB | $50,100 | $52,096 |
| BROADCOM INC | $48,874 | $49,841 |
| CITIGROUP INC | $48,949 | $50,028 |
| COMCAST CORP | $48,118 | $48,991 |
| CONOCOPHILLIPS CO | $50,328 | $50,977 |
| META PLATFORMS INC | $50,245 | $51,555 |
| GOLDMAN SACHS GROUP | $49,961 | $50,080 |
| HOME DEPOT INC | $48,909 | $50,672 |
| HONEYWELL INTL INC | $49,896 | $51,598 |
| JP MORGAN CHASE & CO | $49,610 | $50,473 |
| ELI LILLY & CO | $49,371 | $50,247 |
| LOWES COS INC | $49,889 | $50,672 |
| MARCH & MCLENNAN COS | $50,156 | $51,345 |
| TOYOTA MTR CR CORP | $50,098 | $50,865 |
| US BANCORP | $50,031 | $50,645 |
| WALMART INC | $49,063 | $50,000 |
| WASTE MANAGEMENT INC | $48,681 | $49,623 |
| APPLE | $49,835 | $51,191 |
| ASTRAZENECA FINANCE LLC | $50,464 | $51,101 |
| JOHN DEERE CAPITAL CORP | $50,105 | $51,791 |
| CIGNA | $49,755 | $50,467 |
| CISCO | $50,230 | $51,911 |
| MASTERCARD | $49,903 | $50,328 |
| THERMO FISHER SCIENTIFIC | $49,768 | $51,983 |
| FEDERATED SHORT INTRM | $11,250 | $11,228 |
| NORTHERN ULTRA SHORT FIXED | $46,975 | $47,083 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (12 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD S&P 500 | $429,113 | $487,280 |
| INVESCO QQQ TR SER 1 | $21,232 | $149,892 |
| SPDR S&P 500 | $13,064 | $18,771 |
| VANGUARD FTSE ALL WORLD | $119,546 | $138,661 |
| VANGUARD EMERGING MKTS | $18,331 | $18,601 |
| ALPHABET | $3,455 | $31,380 |
| MICROSOFT | $5,224 | $31,435 |
| ORACLE | $9,752 | $16,567 |
| VANGUARD MID CAP INDEX ETF | $99,791 | $106,221 |
| S&P SMALL CAP 600 CORE | $37,600 | $40,621 |
| GLOBAL X FDS US INFR DEV | $24,434 | $35,843 |
| EATON VANCE EMERGING AND FRONT COUNT EQ | $10,967 | $16,503 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $449,537 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $454,872 | 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 | $1,960 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT ADVISORY FEES | $17,339 | $17,339 | $0 |
| BANK FEES | $40 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $32,000 | $0 | $0 |
| FOREIGN TAXES | $403 | $0 | $0 |