THE ARIEL FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THE ARIEL FOUNDATION (EIN 27-0226408)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-12
- IRS object ID
- 202543169349100934
- 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
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-12T09:54:20-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 341310124 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REA & ASSOCIATES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6300 ROCKSIDE RD | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44131 | 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 | 270226408 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ARIEL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ARIE | BusinessNameControlTxt |
| Phone | 7403920364 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 EAST HIGH STREET | AddressLine1Txt |
| City | MOUNT VERNON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43050 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KURT SCHISLER | PersonNm |
| Person Title | SECRETARY / TREASURER | PersonTitleTxt |
| Phone | 7403920364 | PhoneNum |
| Signature | 2025-11-12 | 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 | MELISSA A ORENICH CPA | PreparerPersonNm |
| PTIN | P01302117 | PTIN |
| Phone | 2165732330 | PhoneNum |
| Preparation | 2025-11-12 | 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 | $38,571,498 | 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 | $30,276 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $686,930 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $321,896 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $784,375 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,659,034 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,730,181 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $477,315 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,634,929 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $625,937 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,646,135 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,574,557 | 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 |
| Oth Empl Slrs Wgs Rev And Expnss | $44,646 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $50,310 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $62,267 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $62,267 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $18,693 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $9,103 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $28,453 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $254,268 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $204,369 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $325,638 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $7,770,651 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $7,770,651 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,975,020 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $325,638 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,770,651 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$4,328,885 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,248,919 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $4,217,776 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $838,944 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $838,944 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $36,489,514 | CorporateStockBOYAmt |
| Corporate Stock EOY | $35,280,145 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $35,280,145 | CorporateStockEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $31,626 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $31,626 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $2,452,409 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,452,409 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,452,409 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $43,159,700 | TotalAssetsBOYAmt |
| Total Assets EOY | $38,571,498 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $38,571,498 | 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 | $43,159,700 | RetainedEarningBOYAmt |
| Retained Earning EOY | $38,571,498 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $43,159,700 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $38,571,498 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $43,159,700 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $38,571,498 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $43,159,700 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$4,328,885 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $38,830,815 | SubtotalAmt |
| Other Decreases | $259,317 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $38,571,498 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (31 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| ALTOR AM GROUP HOLDING II | P | $3 | $3 | $3 | |
| ALTOR FUND III (NO. 2) LP | P | $7 | $7 | $7 | |
| ARBOUR LANE CREDIT OPPORTUNITY FUND II (B) LP | P | -$21,225 | -$21,225 | $21,225 | |
| ARBOUR LANE CREDIT OPPORTUNITY FUND II (B) LP | P | $9,379 | $9,379 | $9,379 | |
| ARBOUR LANE CREDIT OPPORTUNITY FUND III (B) LP | P | $11,235 | $11,235 | $11,235 | |
| ARBOUR LANE CREDIT OPPORTUNITY FUND III (B) LP | P | $10,594 | $10,594 | $10,594 | |
| EQT V (NO. 1) LIMITED PARTNERSHIP | P | $205 | $205 | $205 | |
| GOLDMAN SACHS | P | $369,798 | $369,798 | $369,798 | |
| GOLDMAN SACHS | P | -$11,560 | -$11,560 | $11,560 | |
| HCPERF HOLDINGS B.V. | P | -$102 | -$102 | $102 | |
| JPMORGAN CHASE | P | $300,000 | $82,596 | $82,596 | $217,404 |
| KLINE HILL PARTNERS FEEDER FUND IV LP | P | $14,962 | $14,962 | $14,962 | |
| MERGANSER CORE BOND FUND II LLC | P | $74,779 | $74,779 | $74,779 | |
| MERGANSER CORE BOND FUND II LLC | P | $23,589 | $23,589 | $23,589 | |
| MERIT ENERGY PARTNERS J, LP | P | $1,594 | $1,594 | $1,594 | |
| MERIT ENERGY PARTNERS K, LP | P | $4,120 | $4,120 | $4,120 | |
| NATIONAL STOCK EXCHANGE OF INDIA | P | $288 | $288 | $288 | |
| OPPORTUNISTIC VALUE FUND | P | -$13,191 | -$13,191 | $13,191 | |
| OPPORTUNISTIC VALUE FUND | P | -$15,972 | -$15,972 | $15,972 | |
| POST LIMITED TERM HIGH YIELD FUND, LP | P | $8,672 | $8,672 | $8,672 | |
| POST LIMITED TERM HIGH YIELD FUND, LP | P | -$33,033 | -$33,033 | $33,033 | |
| SOUTHOCEAN PRIVATE CREDIT PARTNERS LP | P | -$2 | -$2 | $2 | |
| SOUTHOCEAN PRIVATE CREDIT PARTNERS LP | P | -$11,542 | -$11,542 | $11,542 | |
| STAR MOUNTAIN DIVERSIFIED SMALL BUSINESS | P | -$1,746 | -$1,746 | $1,746 | |
| STAR MOUNTAIN DIVERSIFIED SMALL BUSINESS | P | $14,876 | $14,876 | $14,876 | |
| STAR MOUNTAIN US LOWER MIDDLE-MARKET | P | $33 | $33 | $33 | |
| STAR MOUNTAIN US LOWER MIDDLE-MARKET | P | $2,983 | $2,983 | $2,983 | |
| WILLOWRIDGE AMBERBROOK IX LP | P | $164 | $164 | $164 | |
| WILLOWRIDGE AMBERBROOK IX LP | P | $9,979 | $9,979 | $9,979 | |
| SALE OF PARTNERSHIP INTEREST - OPPORTUNISTIC VALUE FUND | P | $1,361,436 | -$39,264 | -$39,264 | $1,400,700 |
| SALE OF PARTNERSHIP INTEREST - RB NASHVILLE GARAGE HOLDINGS LLC | P | $511,485 | -$14,904 | -$14,904 | $526,389 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $477,315 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $31,260 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $31,260 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $31,260 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $28,944 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $27,500 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $56,444 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $25,184 | OverpaymentAmt |
| Applied To ES Tax | $25,184 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | OH | 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 | KURT SCHISLER | IndividualWithBooksNm |
| Phone | 7403924940 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 EAST HIGH STREET | AddressLine1Txt |
| City | MOUNT VERNON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43050 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| KAREN BUCHWALD WRIGHT | ||||||||
| 121 EAST HIGH STREET | MOUNT VERNON | OH | 43050 | SUPERV.DIR., CHAIRMAN,PRES | 1.00 | $0 | $0 | $0 |
| KURT SCHISLER | ||||||||
| 121 EAST HIGH STREET | MOUNT VERNON | OH | 43050 | CURRENT DIRECTOR, SECRETARY, TREASURER | 5.00 | $0 | $0 | $0 |
| THOMAS RASTIN | ||||||||
| 121 EAST HIGH STREET | MOUNT VERNON | OH | 43050 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JEN ODENWELLER | ||||||||
| 121 EAST HIGH STREET | MOUNT VERNON | OH | 43050 | EXECUTIVE DIRECTOR | 30.00 | $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 | $11,563,671 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,449,851 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $25,004,627 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $39,018,149 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $39,018,149 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $585,272 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $38,432,877 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,921,644 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,921,644 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $31,260 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $329 | IncomeTaxAmt |
| Total Tax | $31,589 | TotalTaxAmt |
| Distributable Before Adj | $1,890,055 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,890,055 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,890,055 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,770,651 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $7,770,651 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,890,055 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $19,752,111 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $5,955,772 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,704,801 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,550,406 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,982,523 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $35,945,613 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $7,770,651 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,890,055 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $5,880,596 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $41,826,209 | 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 | $19,752,111 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $22,074,098 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $5,955,772 | ExcessFromYear4Amt |
| Excess From Year3 | $4,704,801 | ExcessFromYear3Amt |
| Excess From Year2 | $3,550,406 | ExcessFromYear2Amt |
| Excess From Year1 | $1,982,523 | ExcessFromYear1Amt |
| Excess From Current Year | $5,880,596 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (37 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| ALCOHOL AND DRUG FREEDOM CENTER OF KNOX COUNTY | |||||||
| 106 E GAMBIER ST | MOUNT VERNON | OH | 43050 | 501(C)3 | CAPITAL EXPANSION PROJECT | $500,000 | |
| AMERICAN RED CROSS OF KNOX COUNTY | |||||||
| 812 COSHOCTON AVE BLDG 2 UNIT 4 | MOUNT VERNON | OH | 43050 | 501(C)3 | RED CROSS PREPAREDNESS AND RESILIENCY IN KNOX COUNTY 2024 | $12,000 | |
| ASHLAND PARENTING PLUS | |||||||
| 270 SANDUSKY STREET | ASHLAND | OH | 44805 | 501(C)3 | GROWING CASA SERVICES IN KNOX COUNTY 2024 | $50,000 | |
| BEHAVIORAL HEALTHCARE PARTNERS OF CENTRAL OHIO | |||||||
| 8402 BLACKJACK ROAD | MOUNT VERNON | OH | 43050 | 501(C)3 | KNOX COUNTY BEHAVIORAL HEALTH CRISIS CENTER | $250,000 | |
| BOARD OF KNOX COUNTY COMMISSIONERS | |||||||
| 117 EAST HIGH STREET SUITE 161 | MOUNT VERNON | OH | 43050 | 170(C)1 | JFS YOUTH SUMMER EMPLOYMENT TRAINING PROGRAM EXPANSION 2024 | $39,159 | |
| CALVIN UNIVERSITY | |||||||
| 3201 BURTIN ST SE | GRAND RAPIDS | MI | 49546 | 501(C)3 | NETSANET WAAL SCHOLARSHIP 2024 - 2025 | $5,000 | |
| CITY OF MOUNT VERNON | |||||||
| 40 PUBLIC SQUARE | MOUNT VERNON | OH | 43050 | 170(C)1 | VARIOUS PROJECTS | $750,964 | |
| COOPER PARK DEVELOPMENT COMPANY | |||||||
| PO BOX 29 | MOUNT VERNON | OH | 43050 | 509(A)1 | HEARTLAND COMMERCE PARK (HCP) CORRIDOR IMPROVEMENT PROJECT | $2,760,850 | |
| EXPERIENCE MOUNT VERNON FKA MAIN STREET MOUNT VERNON | |||||||
| 501 SOUTH MAIN | MOUNT VERNON | OH | 43050 | 501(C)3 | VARIOUS PROJECTS | $8,525 | |
| FOUNDATION PARK CONSERVANCY | |||||||
| PO BOX 644 | MOUNT VERNON | OH | 43050 | 501(C)3 | VARIOUS PROJECTS | $50,000 | |
| GRAHAM GRAND GALLERY DBA (THE GUND) | |||||||
| 101 1/2 COLLEGE DRIVE | GAMBIER | OH | 43022 | 501(C)3 | ENGAGEMENT & PUBLIC PROGRAMS COORDINATION - GUND GALLERY ANNEX | $40,000 | |
| HABITAT FOR HUMANITY INTERNATIONAL INC | |||||||
| 200 N MAIN ST | MOUNT VERNON | OH | 43050 | 501(C)3 | AFFILIATE OPERATIONS CENTER ACQUISITION SUPPORT | $250,000 | |
| HOPENOW FURNITURE BANK OF KNOX COUNTY | |||||||
| 1025 S MAIN STREET | MOUNT VERNON | OH | 43050 | 501(C)3 | ADMINISTRATION AND SERVICE CAPACITY BUILDING GRANT 2023 - 2024 | $13,100 | |
| KNOX COUNTY CAREER CENTER | |||||||
| 308 MARTINSBURG ROAD | MOUNT VERNON | OH | 43050 | 170(C)1 | KNOX TECHNICAL CENTER PROGRAM SUPPORT FY2023-2024 | $64,890 | |
| KNOX COUNTY EDUCATIONAL SERVICE CENTER | |||||||
| 308 MARTINSBURG ROAD | MOUNT VERNON | OH | 43050 | 170(C)1 | NEW HOPE PRESCHOOL PLAYGROUND EQUIPMENT | $10,000 | |
| KNOX COUNTY FOUNDATION | |||||||
| PO BOX 309 | MOUNT VERNON | OH | 43050 | 501(C)3 | ECONOMIC DEVELOPMENT SUPPORT | $500,000 | |
| KNOX COUNTY HEAD START INC | |||||||
| 11700 UPPER GILCHRIST ROAD SUITE B | MOUNT VERNON | OH | 43050 | 501(C)3 | VARIOUS PROJECTS | $162,510 | PO BOX 1225 |
| KNOX COUNTY LAND REUTILIZATION CORPORATION | |||||||
| PO BOX 29 | MOUNT VERNON | OH | 43050 | 501(C)3 | VARIOUS PROJECTS | $775,811 | |
| KNOX COUNTY SPECIAL OLYMPICS | |||||||
| 11700 UPPER GILCHRIST ROAD SUITE A | MOUNT VERNON | OH | 43050 | 501(C)3 | SPECIAL OLYMPICS EQUIPMENT SUPPORT | $1,500 | |
| KOKOSING GAP TRAIL | |||||||
| PO BOX 129 | GAMBIER | OH | 43022 | 501(C)3 | SEMAPHORE RESTORATION | $3,000 | |
| MIAMI UNIVERSITY | |||||||
| 501 E HIGH ST | OXFORD | OH | 45056 | 501(C)3 | RYAN J. MORRISON SCHOLARSHIP 2024 - 2025 | $5,000 | |
| MOUNT VERNON ARTS CONSORTIUM INC | |||||||
| 101 E GAMBIER STREET PO BOX 747 | MOUNT VERNON | OH | 43050 | 501(C)3 | AMPLIFYING ARTS AND ENTERTAINMENT IN MOUNT VERNON 2024 | $200,000 | |
| MOUNT VERNON CITY SCHOOL DISTRICT | |||||||
| 300 NEWARK ROAD | MOUNT VERNON | OH | 43050 | 170(C)1 | VARIOUS PROJECTS | $50,792 | |
| MOUNT VERNON NAZARENE UNIVERSITY | |||||||
| 800 MARTINSBURG ROAD | MOUNT VERNON | OH | 43050 | 501(C)3 | VARIOUS PROJECTS | $285,165 | |
| OHIO EASTERN STAR HOME | |||||||
| 1451 GAMBIER ROAD | MOUNT VERNON | OH | 43050 | 501(C)3 | PINE HILL INDEPENDENT SENIOR HOUSING | $175,000 | |
| SCIENCE PLAY-SPACE INITIATIVE (SPI) INC | |||||||
| 400 SOUTH MAIN STREET | MOUNT VERNON | OH | 43050 | 501(C)3 | OPERATIONS SUPPORT FOR DISCOVERY PLAY 2024 | $51,000 | |
| THE OHIO STATE UNIVERSITY | |||||||
| 281 W LANE AVE | COLUMBUS | OH | 43210 | 501(C)3 | ANDREW J. WHITE SCHOLARSHIP 2024 - 2025 | $5,000 | |
| THE SALVATION ARMY OF MOUNT VERNON | |||||||
| 206 E OHIO AVE PO BOX 1204 | MOUNT VERNON | OH | 43050 | 501(C)3 | CHILDCARE CENTER CAPITAL CAMPAIGN MATCH | $500,000 | |
| TRINE UNIVERSITY | |||||||
| 1 UNIVERSITY AVE | ANGOLA | IL | 46703 | 501(C)3 | SAMUEL T. WHITNEY SCHOLARSHIP 2024 - 2025 | $5,000 | |
| UNITED WAY OF KNOX COUNTY OHIO INC | |||||||
| 305 EAST HIGH STREET | MOUNT VERNON | OH | 43050 | 501(C)3 | VARIOUS PROJECTS | $17,600 | |
| UNIVERSITY OF AKRON | |||||||
| 302 E BUCHTEL AVE | AKRON | OH | 44325 | 501(C)3 | JOSHUA N. GADDIS SCHOLARSHIP FUNDS RETURNED | -$1,895 | |
| UNIVERSITY OF AKRON | |||||||
| 302 E BUCHTEL AVE | AKRON | OH | 44325 | 501(C)3 | BRADEN J. SAPP SCHOLARSHIP 2024 - 2025 | $5,000 | |
| UNIVERSITY OF TOLEDO | |||||||
| 2801 BANCROFT ST | TOLEDO | OH | 43606 | 501(C)3 | TERRY LEE GLAZE FEARN SCHOLARSHIP 2024 | $2,500 | |
| WINTER SANCTUARY INC | |||||||
| PO BOX 421 | MOUNT VERNON | OH | 43050 | 501(C)3 | SHELTER SERVICES 2023-2024 | $35,000 | |
| WOODWARD DEVELOPMENT CORPORATION | |||||||
| 107 S MAIN STREET | MOUNT VERNON | OH | 43050 | 501(C)3 | OPERA HOUSE AND ANNEX CONSTRUCTION MANAGEMENT AND PROJECT SUPPORT | $90,430 | |
| WOODWARD OPERA HOUSE CONSERVANCY | |||||||
| 107 S MAIN STREET | MOUNT VERNON | OH | 43050 | 501(C)3 | CAPACITY BUILDING GRANT 2024 | $57,750 | |
| YMCA OF MOUNT VERNON | |||||||
| 103 NORTH MAIN STREET | MOUNT VERNON | OH | 43050 | 501(C)3 | SCHOLARSHIPS, PROGRAMMING, OUTREACH AND OPERATIONS SUPPORT 2024 | $40,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $7,770,651 | 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 | $30,276 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $321,896 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,634,929 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,659,034 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,646,135 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,646,135 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $50,310 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | MARKETABLE SECURITIES | StockNm |
| EOY Book Value | $35,280,145 | EOYBookValueAmt |
| EOYFMV | $35,280,145 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INVESTMENTS RECEIVABLE | Desc |
| BOY Book Value | $2,452,409 | BOYBookValueAmt |
| EOY Book Value | $2,452,409 | EOYBookValueAmt |
| EOYFMV | $2,452,409 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS ON INVESTMENTS | Desc |
| Amt | $259,317 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OTHER EXPENSES | $28,453 | $0 | $0 |
| INVESTMENT INTEREST EXPENSE FROM PASSTHROUGHS | $0 | $52,971 | $0 |
| OTHER INVESTMENT EXPENSES FROM PASSTHROUGHS | $0 | $201,297 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (25 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ARBOUR LANE CREDIT OPPORTUNITY FUND II (B) LP | $472,656 | $64,628 | $472,656 |
| ARBOUR LANE CREDIT OPPORTUNITY FUND III (B) LP | $311,684 | $288,217 | $311,684 |
| CRG PARTNERS III | $113,675 | $113,675 | $113,675 |
| GOLDMAN SACHS | $5,239 | $683 | $5,239 |
| KLINE HILL PARTNERS | -$3,385 | $0 | -$3,385 |
| MERGANSER CORE BOND FUND II LLC | $95,286 | $0 | $95,286 |
| MERIT ENERGY PARTNERS J, LP | $0 | $2,584 | $0 |
| MERIT ENERGY PARTNERS J, LP | $35,165 | $32,084 | $35,165 |
| MERIT ENERGY PARTNERS K, LP | $55,661 | $59,289 | $55,661 |
| MERIT ENERGY PARTNERS L, LP | $31,907 | $40,955 | $31,907 |
| OPPORTUNISTIC VALUE FUND | $361,436 | $40,070 | $361,436 |
| POST LIMITED TERM HIGH YIELD FUND, LP | $0 | $1,927 | $0 |
| RB NASHVILLE GARAGE HOLDINGS LLC | $11,485 | $62,992 | $11,485 |
| ROCKBRIDGE HOSPITALITY FUND VII LP | $25,586 | -$13,335 | $25,586 |
| ROCKBRIDGE HOSPITALITY FUND VIII LP | $10,100 | -$50,063 | $10,100 |
| SOUTHOCEAN PRIVATE CREDIT PARTNERS LP | $0 | $1,194 | $0 |
| SOUTHOCEAN PRIVATE CREDIT PARTNERS LP | -$38,988 | $5,653 | -$38,988 |
| STAR MOUNTAIN DIVERSIFIED SMALL BUSINESS | $93,772 | -$27,194 | $93,772 |
| STAR MOUNTAIN US LOWER MIDDLE-MARKET | $30,586 | $1,272 | $30,586 |
| TECHNOLOGY VENTURE PARTNERS II - CO INVESTMENT FUND, LP - SERIES III | -$309 | $0 | -$309 |
| TECHNOLOGY VENTURE PARTNERS II - CO-INVESTMENT FUND, LP - SERIES II | $3,585 | $0 | $3,585 |
| TECHNOLOGY VENTURE PARTNERS II LP | $0 | $0 | $0 |
| WILLOWRIDGE AMBERBROOK IX LP | -$212 | $1,296 | -$212 |
| WILLOWRIDGE AMBERBROOK IX LP | $0 | $10 | $0 |
| FEDERAL TAX REFUND | $20,000 | $0 | $20,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT FEES | CategoryTxt |
| Amt | $62,267 | Amt |
| Net Investment Income | $62,267 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $3,493 | $0 | $0 |
| FEDERAL TAXES | $15,000 | $0 | $0 |
| OHIO FILING FEE | $200 | $0 | $0 |
| FOREIGN TAXES | $0 | $9,103 | $0 |