MASTERSON FAMILY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: MASTERSON FAMILY FOUNDATION (EIN 20-3424242)
Tax period: 2024-09-01 to 2025-08-31
Filed: 2025-10-14
IRS object ID: 202542879349100809
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
Applied To Prior Year Election
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Other Professional Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-10-14T14:50:51-05:00	ReturnTs
Tax Period End	2025-08-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	853533416	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CASPER ACCOUNTING SOLUTIONS LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	259 S CENTER ST SUITE 304	AddressLine1Txt
City	CASPER	CityNm
State Abbreviation	WY	StateAbbreviationCd
ZIP	82601	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2024-09-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	203424242	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MASTERSON FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MAST	BusinessNameControlTxt
Phone	3072654812	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 2401	AddressLine1Txt
City	CASPER	CityNm
State Abbreviation	WY	StateAbbreviationCd
ZIP	82602	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	T CHRIS MUIRHEAD	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	3072627280	PhoneNum
Signature	2025-09-07	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	COLISTA A STRAND CPA	PreparerPersonNm
PTIN	P04200016	PTIN
Phone	3073371141	PhoneNum

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	$1,193,794	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	$27,020	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$27,020	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$8,452	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$60,979	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$8,452	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$35,472	TotalRevAndExpnssAmt
Total Net Invst Incm	$35,472	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
Accounting Fees Rev And Expnss	$2,200	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$2,200	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$5,656	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$5,656	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$7,856	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$7,856	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$53,983	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$53,983	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$61,839	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$7,856	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$53,983	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$26,367	ExcessRevenueOverExpensesAmt
Net Investment Income	$27,616	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$3,112	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$15,092	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$15,092	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$195,576	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$194,225	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$194,017	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$686,636	CorporateStockBOYAmt
Corporate Stock EOY	$649,640	CorporateStockEOYAmt
Corporate Stock EOYFMV	$984,685	CorporateStockEOYFMVAmt
Total Assets BOY	$885,324	TotalAssetsBOYAmt
Total Assets EOY	$858,957	TotalAssetsEOYAmt
Total Assets EOYFMV	$1,193,794	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	$885,324	RetainedEarningBOYAmt
Retained Earning EOY	$858,957	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$885,324	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$858,957	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$885,324	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$858,957	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$885,324	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$26,367	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$858,957	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$858,957	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
BAIRD ACCT #1479-2515	P	$6,999	$6,594	$405	$405
BAIRD ACCT #1479-2515	P	$53,980	$45,933	$8,047	$8,047

Field	Value	IRS element (for citing)
Capital Gain Net Income	$8,452	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$384	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$384	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$384	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$3,057	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	$3,057	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$2,673	OverpaymentAmt
Applied To ES Tax	$2,673	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	WY	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	COLISTA STRAND	IndividualWithBooksNm
Phone	3073371141	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	259 S CENTER ST SUITE 304	AddressLine1Txt
City	CASPER	CityNm
State Abbreviation	WY	StateAbbreviationCd
ZIP	82601	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 (9 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
JOHN A MASTERSON
PO BOX 2401	CASPER	WY	82602	PRESIDENT	1.00	$0	$0	$0
AUDREY ADAMS
PO BOX 2401	CASPER	WY	82602	SECRETARY	1.00	$0	$0	$0
T CHRIS MUIRHEAD
1171 LUKER DRIVE	CASPER	WY	82609	TREASURER	1.00	$0	$0	$0
SUSAN B MASTERSON
PO BOX 2401	CASPER	WY	82602	DIRECTOR	1.00	$0	$0	$0
MICHAEL MASTERSON
PO BOX 2401	CASPER	WY	82602	DIRECTOR	1.00	$0	$0	$0
KATHLEEN COUGHLIN
PO BOX 2401	CASPER	WY	82602	DIRECTOR	1.00	$0	$0	$0
SARAH J MASTERSON
PO BOX 2401	CASPER	WY	82602	DIRECTOR	1.00	$0	$0	$0
DEVON COUGHLIN
PO BOX 2401	CASPER	WY	82602	DIRECTOR	1.00	$0	$0	$0
CONNOR KOVAL
PO BOX 2401	CASPER	WY	82602	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	$1,141,193	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$6,266	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$1,147,459	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$1,147,459	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$17,212	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$1,130,247	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$56,512	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$56,512	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$384	TaxBasedOnInvestmentIncomeAmt
Total Tax	$384	TotalTaxAmt
Distributable Before Adj	$56,128	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$56,128	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$56,128	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$53,983	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$53,983	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$56,128	DistributableAsAdjustedAmt
Undistributed Income PY	$51,113	UndistributedIncomePYAmt
Prior Year1	2022	PriorYear1Yr
Total For Prior Years	$2,383	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$53,983	QualifyingDistributionsAmt
Applied To Year1	$51,113	AppliedToYear1Amt
Applied To Prior Years	$2,383	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$487	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$55,641	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	AUDREY ADAMS	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 2401	AddressLine1Txt
City	CASPER	CityNm
State Abbreviation	WY	StateAbbreviationCd
ZIP	82602	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	3072654812	RecipientPhoneNum
Form And Info And Materials	INITIALLY, THE REQUEST SHOULD BE SUBMITTED BY LETTER	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE	SubmissionDeadlinesTxt
Restrictions On Awards	PRIMARILY NATRONA COUNTY AND THE STATE OF WYOMING	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
BLUE ENVELOPE HEALTH FUND
PO BOX 2177	CASPER	WY	82602	NONE	PUBLIC CHARITY	GENERAL USE	$1,100
CASA OF NATRONA COUNTY
140 NORTH CENTER	CASPER	WY	82601	NONE	PUBLIC CHARITY	GENERAL USE	$1,100
CASPER COMMUNITY TNR PROGRAM
6625 CHEROKEE LANE	CASPER	WY	82604	NONE	NOT-FOR-PROFIT	GENERAL USE	$1,100
CASPER PRIDE
PO BOX 335	CASPER	WY	82602	NONE	NOT-FOR-PROFIT	GENERAL USE	$3,000
CHILD DEVELOPMENT CENTER
2020 EAST 12TH ST	CASPER	WY	82609	NONE	PUBLIC CHARITY	GENERAL USE	$4,400
FORT CASPAR MUSEUM ASSOCIATION
4001 FORT CASPAR ROAD	CASPER	WY	82604	NONE	NOT-FOR-PROFIT	GENERAL USE	$4,400
NATRONA COLLECTIVE HEALTH TRUST
PO BOX 2810	CASPER	WY	82602	NONE	PUBLIC FOUNDATION	MASTERSON PLACE	$16,400
NATRONA COUNTY PUBLIC LIBRARY FOUNDATION
307 EAST SECOND STREET	CASPER	WY	82601	NONE	PUBLIC FOUNDATION	GENERAL USE	$4,400
NICOLAYSEN ART MUSEUM
400 EAST COLLINS DRIVE	CASPER	WY	82601	NONE	PUBLIC CHARITY	GENERAL USE	$4,400
OREGON FOOD BANK
7900 NE 32ST DRIVE	PORTLAND	OR	97211	NONE	PUBLIC CHARITY	GENERAL USE	$1,400
SELF HELP CENTER
740 LUKER LANE	EVANSVILLE	WY	82636	NONE	PUBLIC CHARITY	GENERAL USE	$4,400
THE WYLDLIFE FUND
PO BOX 890	BUFFALO	WY	82834	NONE	PUBLIC CHARITY	GENERAL USE	$4,400
WYOMING COMMUNITY FOUNDATION
1472 N 5TH STREET SUITE 201	LARAMIE	WY	82072	NONE	PUBLIC FOUNDATION	DONOR DESIGNATED FUND	$2,383
WYOMING FOOD FOR THOUGHT
900 ST JOHN ST	CASPER	WY	82601	NONE	PUBLIC CHARITY	GENERAL USE	$1,100

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$53,983	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	$27,020	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$8,452	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$35,472	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$35,472	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxt	Relationship StatementRelationshipStatementTxt
4	EXCLUDED FROM INCOME PURSUANT TO SECTION 512.
8	EXCLUDED FROM INCOME PURSUANT TO SECTION 512.

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	PROFESSIONAL FEES	CategoryTxt
Amt	$2,200	Amt
Net Investment Income	$2,200	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Applied To Prior Year Election AppliedToPriorYearElection

Field	Value	IRS element (for citing)
Election	THE MASTERSON FAMILY FOUNDATION HEREBY ELECTS TO TREAT A PORTION OF ITS QUALIFYING DISTRIBUTIONS MADE DURING THE CURRENT TAX YEAR AS DISTRIBUTIONS OUT OF UNDISTRIBUTED INCOME FROM A PRIOR TAXABLE YEAR:- PRIOR TAXABLE YEAR: 2022- AMOUNT OF QUALIFYING DISTRIBUTION TO BE ALLOCATED: $2,383THE ELECTION IS BEING MADE TO CORRECT DEFICIENT DISTRIBUTIONS FROM 2022 AND ENSURING COMPLIANCE WITH THE FOUNDATION'S DISTRIBUTION OBLIGATIONS. A QUALIFYING DISTRIBUTION WAS MADE TO WYOMING COMMUNITY FOUNDATION IN NOVEMBER 2024 IN THE AMOUNT OF $2,383. GOING FORWARD, WE WILL IMPLEMENT AN EARLIER REVIEW PROCESS TO ENSURE ALL REQUIRED DISTRIBUTIONS ARE MADE TIMELY.	ElectionDesc

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	BAIRD	StockNm
EOY Book Value	$649,640	EOYBookValueAmt
EOYFMV	$984,685	EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$194,225	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$194,017	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT & MANAGEMENT FEES	CategoryTxt
Amt	$5,656	Amt
Net Investment Income	$5,656	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt