HORIZON FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- HORIZON FOUNDATION INC (EIN 54-2043359)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-13
- IRS object ID
- 202521339349102592
- 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
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Notes Loans Rcvbl Short Sch2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-13T14:15:38-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 204130124 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIVELY & ASSOCIATES PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 510 STAFFORD DR | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 24740 | 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 | 542043359 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HORIZON FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HORI | BusinessNameControlTxt |
| Phone | 2769356455 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1503 SLATE CREEK ROAD | AddressLine1Txt |
| City | GRUNDY | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24614 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN GROSECLOSE | PersonNm |
| Person Title | PRESIDENT/TREASURER | PersonTitleTxt |
| Phone | 2769356455 | PhoneNum |
| Signature | 2025-05-08 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KEVIN T WORLEY | PreparerPersonNm |
| PTIN | P00912112 | PTIN |
| Phone | 3044258771 | PhoneNum |
| Preparation | 2025-05-08 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | $18,333,994 | 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 |
| Interest On Sav Rev And Expnss | $101,747 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $101,747 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $407,158 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $407,158 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$16,732 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,742,602 | GrossSalesPriceAmt |
| Other Income Rev And Expnss | $4,288 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $496,461 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $508,905 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $245,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $245,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $16,187 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $16,187 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,550 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,502 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $3,048 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $4,625 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,600 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $25 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $206,941 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $206,941 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $477,303 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $213,043 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $264,260 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $942,163 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $942,163 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,419,466 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $213,043 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,206,423 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$923,005 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $295,862 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $491,931 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $719,972 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $719,972 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $1,875 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $1,875 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,875 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,875 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $15,606,051 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,459,949 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $17,612,147 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $23,217 | OtherAssetsBOYAmt |
| Other Assets EOY | $18,273 | OtherAssetsEOYAmt |
| Total Assets BOY | $16,123,074 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,200,069 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,333,994 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $16,123,074 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $15,200,069 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,123,074 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $15,200,069 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,123,074 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $15,200,069 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,123,074 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$923,005 | ExcessRevenueOverExpensesAmt |
| Subtotal | $15,200,069 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $15,200,069 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,112 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,112 | SubtotalAmt |
| Tax Based On Investment Income | $4,112 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,900 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $3,900 | TotalPaymentsAndCreditsAmt |
| Tax Due | $212 | 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 |
| Org Report Or Register State | VA | OrgReportOrRegisterStateCd |
| 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 | JOHN GROSECLOSE | IndividualWithBooksNm |
| Phone | 2769356455 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1503 SLATE CREEK ROAD | AddressLine1Txt |
| City | GRUNDY | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24614 | 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 | Yes (true) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2021 | UndistributedIncomePY1Yr |
| Undistr Incm Sect4942a2 Not App | Yes (true) | UndistrIncmSect4942a2NotAppInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| LOIS SHANAHAN | ||||||||
| PO BOX 230 | GRUNDY | VA | 24614 | SECRETARY | 000.00 | $245,000 | $0 | $0 |
| JOHN GROSECLOSE | ||||||||
| 1503 SLATE CREEK ROAD | GRUNDY | VA | 24614 | PRESIDENT/TR | 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 | $17,642,228 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $353,000 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,875 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,997,103 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $17,997,103 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $269,957 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,727,146 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $886,357 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $886,357 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,112 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,112 | TotalTaxAmt |
| Distributable Before Adj | $882,245 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $882,245 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $882,245 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,206,423 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,206,423 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $882,245 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $499,157 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Total For Prior Years | $132,488 | TotalForPriorYearsAmt |
| Qualifying Distributions | $1,206,423 | QualifyingDistributionsAmt |
| Applied To Year1 | $499,157 | AppliedToYear1Amt |
| Applied To Current Year | $707,266 | AppliedToCurrentYearAmt |
| Prior Year Undistributed Incm | $132,488 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $132,488 | PriorYearDeficiencyOrTaxAmt |
| Undistributed Income CY | $174,979 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | JOHN W GROSECLOSE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1503 SLATE CREEK ROAD | AddressLine1Txt |
| City | GRUNDY | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24614 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2769356455 | RecipientPhoneNum |
| Recipient Email Address | JWGFSP2@GMAIL.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | APPLICANTS SHOULD COMPLETE THE APPLICATION FORM DESIGNED FOR AND DISTRIBUTED BY THIS ORGANIZATION AND ATTACH THE MATERIALS REQUESTED THEREIN. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | SCHOLARSHIP RECIPIENTS ARE GRADUATING HIGH SCHOOL AND HIGHER EDUCATION STUDENTS WHO DEMONSTRATE FINANCIAL NEED AND GOOD CHARACTER; PREFERENCE WILL BE GIVEN TO SPECIAL EDUCATION STUDENTS. RECIPIENTS MUST ENROLL AT LEAST HALF-TIME AT AN ACCREDITED COMMUNITY COLLEGE, VOCATIONAL SCHOOL, OR FOUR-YEAR COLLEGE OR UNIVERSITY LOCATED IN THE U.S. AND MUST NOT BE A RELATIVE BY BLOOD, ADOPTION OR MARRIAGE OF ANY OFFICER, DIRECTOR, OR EMPLOYEE OF THE FOUNDATION. THERE ARE NO RESTRICTIONS OR LIMITATIONS IN THE SELECTION PROCEDURE BASED UPON THE RACE OF THE PROSPECTIVE RECIPIENT OR ANY RELATIVE OF THE PROSPECTIVE RECIPIENT. THERE ARE NO OTHER RESTRICTIONS OR LIMITATIONS ON AWARDS TO OTHER CHARITABLE ORGANIZATIONS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (41 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| APPALACHIAN COLLEGE OF PHARMACY | |||||||
| 1060 DRAGON RD | OAKWOOD | VA | 24631 | N/A | PUBLIC | SCHOLARSHIP | $47,500 |
| APPALACHIAN TEEN CHALLANGE | |||||||
| 1651 UNITY RD | PRINCETON | WV | 24739 | N/A | PUBLIC | UNRESTRICTED | $30,000 |
| APPALCHAIN SCHOOL OF LAW | |||||||
| 1169 EDGEWATER DR | GRUNDY | VA | 24614 | N/A | SCHOLARSHIP | $15,000 | |
| BACK PACK BLESSINGS | |||||||
| PO BOX 27 | GRUNDY | VA | 24614 | N/A | PUBLIC | UNRESTRICTED | $15,000 |
| BLUEFIELD UNIVERSITY | |||||||
| 3000 COLLEGE AVE | BLUEFIELD | VA | 24605 | N/A | PRIVATE | SCHOLARSHIPS | $10,000 |
| BOYSGIRLS CLUB OF CENTRAL APPALACH | |||||||
| P O BOX 1505 | GRUNDY | VA | 24614 | N/A | PUBLIC | UNRESTRICTED | $25,000 |
| BUCHANAN FIRST PRESBY CHURCH | |||||||
| PO BOX 1339 | GRUNDY | VA | 24614 | N/A | PUBLILC | SCHOLORSHIP FUND | $375,000 |
| CHRIST FIRST UMC | |||||||
| 6972 ABBS VALLEY RD | BLUEFIELD | VA | 24605 | N/A | PUBLIC | UNRESTRICTED | $5,000 |
| CHRISTIANS UNITED FOR ISREAL | |||||||
| PO BOX 1307 | SAN ANTONIA | TX | 78295 | N/A | PUBLIC | UNRESTRICTED | $20,000 |
| CHUCK MATHENA CENTER | |||||||
| 2 STAFFORD DR | PRINCETON | WV | 24740 | N/A | PUBLIC | UNRESTRICTED | $7,500 |
| CONCORD UNIVERSITY | |||||||
| PO BOX 1000 | ATHENS | WV | 24712 | N/A | PUBLIC | SCHOLARSHIPS | $10,000 |
| EAST TENNESSEE STATE UNIVERSITY | |||||||
| 1276 GILBREATH DR | JOHNSON CITY | TN | 37614 | N/A | PUBLIC | SCHOLARSHIP | $27,621 |
| FIRST ASSEMBLY OF GOD | |||||||
| 270 ASSEMBLY LANE | PRINCETON | WV | 24740 | N/A | PUBLIC | UNRESTRICTED | $20,000 |
| GRAND CANYON UNIVERSITY | |||||||
| 3300 W CAMELBACK RD | PHOENIX | AZ | 85017 | N/A | PUBLIC | SCHOLARSHIPS | $10,655 |
| GRUNDY BAPTIST CHURCH | |||||||
| 1283 EDGEWATER DR | GRUNDY | VA | 24614 | N/A | PUBLIC | UNRESTICTED | $25,000 |
| HEIFER INTERNATIONAL | |||||||
| 1 WORLD AVE | LITTLE ROCK | AR | 72202 | N/A | PUBLIC | UNRESTRICTED | $5,000 |
| HIGHLANDS FELLOWSHIP | |||||||
| 3000 COLLEGE AVE | BLUEFIELD | VA | 24605 | N/A | PUBLIC | UNRESTRICTED | $10,000 |
| HOLLINS UNIVERSITY | |||||||
| 7916 WILLIAMSON RD | ROANOKE | VA | 24020 | N/A | SCHOLARSHIP | $2,500 | |
| HUB ON CAMPUS - BLACKSBURG | |||||||
| 800 WASHINGTON ST | BLACKSBURG | VA | 24061 | N/A | PUBLIC | SCHOLARSHIP | $20,520 |
| INTL FELLOWSHIP OF CHRISTIANS & JEW | |||||||
| 303 E WACKER DR | CHICAGO | IL | 60601 | N/A | PUBLIC | UNRESTRICTED | $20,000 |
| JIMMY SWAGGART MINISTRIES | |||||||
| PO BOX 262550 | BATON ROUGE | LA | 70826 | N/A | PUBLIC | UNRESTRICTED | $10,000 |
| KENTUCKY CHRISTIAN UNIVERSITY | |||||||
| 100 ACADEMIC DR | GRAYSON | KY | 41143 | N/A | PUBLIC | SCHOLARSHIP | $25,000 |
| KING UNIVERSITY | |||||||
| 1350 KING COLLEGE RD | BRISTOL | TN | 37620 | N/A | PUBLIC | SCHOLARSHIPS | $1,000 |
| LOUISIANA STATE UNIVERSITY | |||||||
| 1146 PLEASANT | BATON ROUGE | LA | 70892 | N/A | PUBLIC | SCHOLARSHIP | $2,500 |
| MARSHALL UNIVERSITY | |||||||
| 1 JOHN MARSHALL DR | HUNTINGTON | WV | 25755 | N/A | PUBLIC | SCHOLARSHIP | $2,500 |
| MIDNIGHT CRY MINISTRIES | |||||||
| PO BOX 473 | KEEN MOUNTAIN | VA | 24624 | N/A | PUBLIC | UNRESTRICTED | $10,000 |
| MILLIGAN UNIVERSITY | |||||||
| 101 NETH DR | MILLIGEN COLLEGE | TN | 37682 | N/A | PUBLIC | SCHOLARSHIP | $10,475 |
| MOUNTAIN MISSION SCHOOL | |||||||
| 1760 EDGEWATER DR | GRUNDY | VA | 24614 | N/A | PUBLIC | UNRESTRICTED | $10,000 |
| PRESYBTERIAN CHILDRENS HOME | |||||||
| PO BOX 545 | WYTHEVILLE | VA | 24382 | N/A | PUBLIC | UNRESTRICTED | $7,500 |
| PRINCETON FIRST UMC | |||||||
| 100 CENTER ST | PRINCETON | WV | 24740 | N/A | PUBLIC | UNRESTRICTED | $10,000 |
| RADFORD UNIVERSITY | |||||||
| 801 EAST MAIN ST | RADFORD | VA | 24142 | N?A | PUBLIC | SCHOLARSHIPS | $4,151 |
| SAMARITAN'S PURSE | |||||||
| PO BOX 3000 | BOONE | NC | 27607 | N/A | PUBLIC | UNRESTRICTED | $20,000 |
| SVCC BOOK STORE | |||||||
| 635 COMMUNITY COLLEGE RD | CEDAR BLUFF | VA | 24609 | N/A | PUBLIC | SCHOLARSHIP | $851 |
| SWCC EDUCATIONAL FOUNDATION | |||||||
| PO BOX 1101 | RICHLANDS | VA | 24641 | N/A | PUBLIC | SCHOLARSHIPS | $7,500 |
| TOOKLAND PENTECOSTAL CHURCH | |||||||
| 19866 RIVERSIDE DRIVE 7 | GUNDY | VA | 24614 | N/A | PUBLIC | UNRESTRICTED | $20,000 |
| UNIVERSITY OF KY | |||||||
| SOUTH LIMESTONE | LEXINGTON | KY | 40506 | N/A | PUBLIC | SCHOLARSHIPS | $35,927 |
| UNIVERSITY OF PIKEVILLE | |||||||
| 147 SYCAMORE ST | PIKEVILLE | KY | 41501 | N/A | PUBLIC | SCHOLARSHIP | $11,075 |
| UPON THE ROCK MINISTRIES | |||||||
| 62 PADDLEFORK RD | RAYSAL | WV | 24879 | N/A | PUBLIC | UNRESTRICTED | $5,000 |
| VA TECH | |||||||
| 800 WASHINGTON ST | BLACKSBURG | VA | 24061 | N/A | PUBLIC | SCHOLARSHIPS | $17,388 |
| VANSANT CHURCH OF CHRIST | |||||||
| 1383 LOVERS GAP ROAD | VANSANT | VA | 24656 | N/A | PUBLIC | UNRESTRICTED | $25,000 |
| WV UNIVERSITY | |||||||
| PO BOX 6201 | MORGANTOWN | WV | 26506 | N/A | PUBLIC | SCHOLARSHIPS | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $942,163 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $101,747 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $407,158 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$16,732 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC INC | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,288 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $513,193 | ExclusionAmt |
| Related Or Exempt Function Incm | -$16,732 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $496,461 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LIVELY & ASSOCIATES | CategoryTxt |
| Amt | $4,550 | Amt |
| Net Investment Income | $1,502 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,048 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (19 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|
| ISHARES MBX | PURCHASE | 2024-12 | $118,310 | $133,465 | -$15,155 | |
| VF CORPORATION | PURCHASE | 2024-10 | $18,965 | $82,775 | -$63,810 | |
| VANGUARD SHORT TERM | PURCHASE | 2024-12 | $86,533 | $87,654 | -$1,121 | |
| VIATRIS INC | PURCHASE | 2024-10 | $2,359 | $3,406 | -$1,047 | |
| ISHARES CORE S&P | PURCHASE | 2024-12 | $250,212 | $158,194 | $92,018 | 2021-01 |
| VANGUARD SCOTTSDALE | PURCHASE | 2024-12 | $22,906 | $26,835 | -$3,929 | |
| VANGUARD INTERMEDIATE | PURCHASE | 2024-12 | $11,482 | $13,437 | -$1,955 | |
| FIRST TR PROTFOLIOS | PURCHASE | 2024-04 | $52,361 | $55,593 | -$3,232 | |
| DFA INTERNATIONAL | PURCHASE | 2024-04 | $88 | $96 | -$8 | 2024-03 |
| DFA INTERNATIONAL SMALL | PURCHASE | 2024-02 | $6,200 | $6,930 | -$730 | |
| DFA US MICRO CAP | PURCHASE | 2024-02 | $23,907 | $23,460 | $447 | |
| DFA SMALL CAP VALUE | PURCHASE | 2024-04 | $285 | $243 | $42 | 2022-09 |
| ISHARE CORE MSCI | PURCHASE | 2024-02 | $23,050 | $30,739 | -$7,689 | 2021-01 |
| VANGUARD FTSE DEVELOPED | PURCHASE | 2024-02 | $8,730 | $8,821 | -$91 | |
| WSDMTREE EMRG MKTS | PURCHASE | 2024-02 | $81,684 | $80,150 | $1,534 | 2021-01 |
| MERRILL LYNCH 2081 SEE ATTACHED | PURCHASE | $96,451 | $99,549 | -$3,098 | ||
| MERRILL LYNCH 2081 SEE ATTACHED | PURCHASE | $1,117,924 | $1,407,416 | -$289,492 | ||
| MERRILL LYNCH 2080 SEE ATTACHED | PURCHASE | $74,496 | $73,448 | $1,048 | ||
| MERRILL LYNCH 2080 SEE ATTACHED | PURCHASE | $746,659 | $467,123 | $279,536 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MERRILL LYNCH 671-102080 SEE ATTACHE | $4,398,093 | $6,087,653 |
| MERRILL LYNCH 671-102081 SEE ATTACHE | $1,535,226 | $1,447,996 |
| MERRILL LYNCH 671-02082 SEE ATTACHED | $3,703,772 | $4,115,565 |
| WELLS FARGO 8353-1034 SEE ATTACHED | $265,679 | $410,482 |
| WELLS FARGO 3104-6421 SEE ATTACHED | $4,557,179 | $5,550,451 |
| CHARLES SWHWAB 8418 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | JWC IN | CategoryTxt |
| Legal Fees | $16,187 | LegalFeesAmt |
| Disbursements Charitable Prps | $16,187 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| INVESTMENT ON PARTNERSHIP K-1 | $17,802 | $12,858 |
| HDS REALTY MEMBER EQUITY | $5,415 | $5,415 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| BASIS ADJUSTMENT ON SECURITIE | $11,617 | $11,617 |
| ADVISORY FEES | $195,322 | $195,322 |
| ROUNDING | $2 | $2 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC INC | Desc |
| Revenue And Expenses Per Books | $4,288 | RevenueAndExpensesPerBooksAmt |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp
Organization501c3 Name Organization501c3Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NOTE REC - HDS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Balance Due | $1,875 | BalanceDueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAXES AND LICENSES | CategoryTxt |
| Amt | $4,625 | Amt |
| Net Investment Income | $4,600 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $25 | DisbursementsCharitablePrpsAmt |