Form990-PF
Click to see attachment
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
Treacy Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 1479
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Helena, MT59624
A Employer identification number

81-0270257
B Telephone number (see instructions)

(406) 443-3549
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$50,883,408J Accounting method:
Modified Cash
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,334,471 1,334,471 1,334,471
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,269,263
b Gross sales price for all assets on line 6a 9,108,253
7 Capital gain net income (from Part IV, line 2)... 1,272,453
8 Net short-term capital gain......... 34,724
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 2,603,734 2,606,924 1,369,195
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 133,700 33,425   100,275
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 9,254 2,314   6,941
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,700 4,600   2,100
c Other professional fees (attach schedule).... Click to see attachment 224,082 224,082    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 14,340 4,340    
19 Depreciation (attach schedule) and depletion... Click to see attachment 463    
20 Occupancy.............. 8,998 2,250   6,748
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 13,870 5,489   8,381
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 411,407 276,500   124,445
25 Contributions, gifts, grants paid....... 1,981,450 1,981,450
26 Total expenses and disbursements. Add lines 24 and 25 2,392,857 276,500   2,105,895
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 210,877
b Net investment income (if negative, enter -0-) 2,330,424
c Adjusted net income (if negative, enter -0-)... 1,369,195
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............   55,627 55,627
2 Savings and temporary cash investments......... 1,878,069 2,546,864 2,546,864
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 167    
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 2,246,872 2,010,862 2,099,335
b Investments—corporate stock (attach schedule)....... 22,946,501 22,929,610 36,381,064
c Investments—corporate bonds (attach schedule)....... 9,327,274 9,040,003 9,481,518
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet       319,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet321,121
Less: accumulated depreciation (attach schedule) bullet15,742 310,651 Click to see attachment305,379  
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 36,709,534 36,888,345 50,883,408
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment20,264 Click to see attachment3,554
23 Total liabilities (add lines 17 through 22)......... 20,264 3,554
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 36,689,270 36,884,791
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 36,689,270 36,884,791
30 Total liabilities and net assets/fund balances (see instructions). 36,709,534 36,888,345
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
36,689,270
2
Enter amount from Part I, line 27a .....................
2
210,877
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
36,900,147
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
15,356
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
36,884,791
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a DAD #3954 - SHORT TERM P 2021-01-01 2021-12-01
b DAD #3654 - LONG TERM P 2020-01-01 2021-12-01
c DAD #1916 - SHORT TERM P 2021-01-01 2021-12-01
d DAD #1916 - LONG TERM P 2020-01-01 2021-12-01
e DAD #3600 - SHORT TERM P 2021-01-01 2021-12-01
DAD #3600 - LONG TERM P 2020-01-01 2021-12-01
RBC #5693 - SHORT TERM P 2021-01-01 2021-12-01
RBC #5693 - LONG TERM P 2020-01-01 2021-12-01
RBC #6591 - SHORT TERM P 2021-01-01 2021-12-01
RBC #6591 - LONG TERM P 2020-01-01 2021-12-01
RBC #5718 - SHORT TERM P 2021-01-01 2021-12-01
STIFEL #5596 - SHORT TERM P 2021-01-01 2021-12-01
STIFEL #5596 - LONG TERM P 2020-01-01 2021-12-01
STIFEL #4037 - LONG TERM P 2020-01-01 2021-12-01
STIFEL #8583 - SHORT TERM P 2021-01-01 2021-12-01
STIFEL #8583 - LONG TERM P 2020-01-01 2021-12-01
STIFEL #0712 - SHORT TERM P 2021-01-01 2021-12-01
STIFEL #0712 - LONG TERM P 2020-01-01 2021-12-01
WELLS FARGO #7549 - SHORT TERM P 2021-01-01 2021-12-01
WELLS FARGO #7549 - LONG TERM P 2020-01-01 2021-12-01
FOLIO #3300V - LONG TERM P 2020-01-01 2021-12-01
PRINCIPAL HORNBECK OFFSHORE - BANKRUPTCY P 2014-08-27 2021-09-28
PRINCIPAL SASC 04-206A - BANKRUPTCY P 2019-09-25 2021-03-18
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 25,355   33,473 -8,118
b 184,577   107,095 77,482
c 83,761   90,568 -6,807
d 420,239   410,293 9,946
e 222,739   217,345 5,394
1,184,248   790,396 393,852
449,671   439,472 10,199
1,244,055   1,201,130 42,925
17,605   13,597 4,008
7,596   2,570 5,026
116   131 -15
182,895   153,686 29,209
3,116,071   2,823,901 292,170
221,203   222,050 -847
131,805   131,805  
355,072   291,188 63,884
1,336   1,152 184
393,549   181,384 212,165
35,018   34,348 670
663,658   539,969 123,689
167,684   75,247 92,437
    25,000 -25,000
    50,000 -50,000
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -8,118
b       77,482
c       -6,807
d       9,946
e       5,394
      393,852
      10,199
      42,925
      4,008
      5,026
      -15
      29,209
      292,170
      -847
       
      63,884
      184
      212,165
      670
      123,689
      92,437
      -25,000
      -50,000
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,272,453
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 34,724
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 32,393
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 32,393
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 31,806
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 31,806
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 7
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 594
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet0 RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.treacyfoundation.org
    14
    The books are in care ofbulletMike Cooney Telephone no.bullet (406) 443-3549

    Located atbulletPO Box 1479HelenaMT ZIP+4bullet59624
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Tom McCarvel Chairman
    1.00     		2,600    
    PO Box 1479
    Helena,MT59624
    Kelly O'Connell Sec/Treas
    1.00     		2,600    
    PO Box 1479
    Helena,MT59624
    Mike Cooney Executive Dir.
    32.00     		44,040    
    PO Box 1479
    Helena,MT59624
    Kimmy Skiftun Vice Chair
    32.00     		81,860    
    PO Box 1479
    Helena,MT59624
    Michele Bazzanella Trustee
    1.00     		2,600    
    PO Box 1479
    Helena,MT59624
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Wells Fargo Advisor Investment advisor 58,687
    2801 Market Street
    Saint Louis,MO63103
    Stifel Nicolaus & Company Incorporated Investment advisor 76,916
    501 N Broadway
    St Louis,MO63102
    DA Davidson Investment Advisor 53,036
    8 Third Street North
    Great Falls,MT59401
    RBC Capital Markets LLC Investment advisor 35,442
    PO Box 1510
    Minneapolis,MN55440
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    42,107,718
    b
    Average of monthly cash balances.......................
    1b
    1,074,377
    c
    Fair market value of all other assets (see instructions)................
    1c
    319,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    43,501,095
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    43,501,095
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    652,516
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    42,848,579
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,142,429
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    2,142,429
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    32,393
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    32,393
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,110,036
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,110,036
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    2,110,036
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 2,110,036
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 1,988,455
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,105,895
    a Applied to 2020, but not more than line 2a 1,988,455
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 117,440
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		1,992,596
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Treacy Foundation
    PO Box 1479
    Helena,MT59624
    (406) 443-3549
    bThe form in which applications should be submitted and information and materials they should include:
    Grant information and applications can be obtained at the website; treacyfoundation.org. Organizations that apply for grants must qualify as an exempt organization under I.R.C. Section 501(c)(3). The organization should submit a letter outlining the needs of the grant.
    cAny submission deadlines:
    May 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    The Treacy Foundation also awards scholarship grants to starting freshman and sophmore college students who are residents of Montana and Idaho. The scholarships are generally $ 3,000.00 per year and are renewable for 4 years provided the student requests renewal each year. Scholarships are not offered to junior, senior or graduate college students. The grants are paid directly to the school to be applied to the student's account rather than to the student directly. Scholarship applicants can obtain the application form from the website - treacyfoundation.org.Upon receipt of the student's application form, the application is reviewed by the Scholarship Selection Committee which meets between the first and the fifteenth day of May. The applicant will then be notified of his/her selection or nonselection following the review of all applicants.Once the student has been selected for a Treacy Foundation scholarship, they will receive a preference for renewal provided they write the Treacy Fo
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Angel Fund
    PO Box 7436
    Helena,MT59604     		N/A PC Assist with purchase of new coats for students. 2,000
    Good Samaritan Thrift Store
    PO Box 5177
    Helena,MT59601     		N/A PC Support of capital campaign. 50,000
    Yellowstone Foundation
    222 East Main St Ste 301
    Bozeman,MT59715     		N/A PC Support of capital campaign 15,000
    Helena Food Share
    1616 Lewis St
    Helena,MT59601     		N/A PC Funding for purchase of food. 11,000
    Grandstreet Theatre
    325 N Park
    Helena,MT59601     		N/A PC Support of capital campaign. 25,000
    YWCA Billings
    909 Wyoming Ave
    Billings,MT59101     		N/A PC Support of capital campaign 100,000
    Lost River Medical Center
    551 Highland Dr
    Arco,ID83213     		N/A PC Assistance for purchase of equipment. 2,500
    Family Outreach
    1236 Helena Ave
    Helena,MT59601     		N/A PC Support of capital campaign. 10,000
    Montana Wilderness Association
    80 S Warren St
    Helena,MT59601     		N/A PC Support of capital campaign. 10,000
    Rocky Mountain College
    1511 Poly Dr
    Billings,MT59102     		N/A PC Support of capital campaign. 50,000
    Belgrade Senior Center
    92 E Cameron Ave
    Belgrade,MT59714     		N/A PC Assist with purchase of equipment. 10,000
    Butte Food Bank
    1019 E 2nd St
    Butte,MT59701     		N/A PC Funding for purchase of food 10,000
    Flathead Luthern
    550 Lutheran Camp Rd
    Lakeside,MT59922     		N/A PC Assist with purchase of equipment. 5,000
    Montana Wilderness School
    PO Box 1183
    Bozeman,MT59771     		N/A PC Assist with purchase of equipment. 4,800
    Camp Make-A-Dream
    90 Church Rd
    Goldcreek,MT59733     		N/A PC Support of capital campaign. 25,000
    Flathead Food Bank
    1203 Hwy 2 W
    Kalispell,MT59901     		N/A PC Funding for purchase of food. 10,000
    Various Higher Education Institutio
    Various-see attached schedule
    Various,MT59601     		N/A PC College scholarships paid directly to schools of higher education. 308,000
    Haven
    PO Box 752
    Bozeman,MT59771     		N/A PC Support of capital campaign. 50,000
    Montana Historical Society
    PO Box 201201
    Helena,MT59624     		N/A PC Support of capital campaign. 100,000
    Mountain Home Montana
    2606 S Ave W
    Missoula,MT59804     		N/A PC Assist with cost of remodel. 10,000
    Special Olympics
    PO Box 3507
    Great Falls,MT59403     		N/A PC Support of capital campaign. 20,000
    Yellowstone Art Museum
    401 N 27th St
    Billings,MT59101     		N/A PC Assist with cost of new windows. 20,000
    A Carousel for Missoula
    101 Carousel Dr
    Missoula,MT59802     		N/A PC Support of capital campaign. 9,000
    American Legion Broadwater Co
    PO Box 913
    Townsend,MT59644     		N/A PC Support of capital campaign. 5,000
    Art House Cinema
    109 N 30th St
    Billings,MT59101     		N/A PC Support of capital campaign. 75,000
    Aspen
    PO Box 653
    Livingston,MT59047     		N/A PC Support of capital campaign. 10,000
    Belgrade Comm Library Foundation
    106 N Broadway
    Belgrade,MT59714     		N/A PC Support of capital campaign. 50,000
    Benefis
    PO Box 7998
    Great Falls,MT59406     		N/A PC Support of capital campaign. 25,000
    Billings Clinic
    PO Box 31031
    Billings,MT59107     		N/A PC Support of capital campaign. 25,000
    Blackfoot Pathway
    1970 Sculpture Way
    Lincoln,MT59639     		N/A PC Support of capital campaign. 15,000
    Boulder River Carousel
    Box 773
    Boulder,MT59632     		N/A PC Support of capital campaign. 7,500
    Community Leadership Devel CLDI
    109 1/2 S 32nd Street
    Billings,MT59901     		N/A PC Support of capital campaign. 50,000
    Choteau County Search Rescue
    PO Box 459
    Fort Benton,MT59442     		N/A PC Assistance for purchase of equipment. 5,500
    Daly Hospital Foundation
    1200 Westwood Dr
    Hamilton,MT59840     		N/A PC Support of capital campaign. 10,000
    Fort Missoula
    3400 Captain Rawn Way
    Missoula,MT59804     		N/A PC Support of capital campaign. 67,000
    Friendship Center
    1430 N Sanders
    Helena,MT59601     		N/A PC Support of capital campaign. 25,000
    Friends Forever Mentoring
    1 Eisenhower Road
    Ronan,MT59864     		N/A PC Assistance for purchase of equipment. 4,500
    Friends of Makoshika
    PO Box 1242
    Glendive,MT59330     		N/A PC Assistance for purchase of equipment. 5,750
    Glacier National Park Conservancy
    PO Box 2749
    Columbia Falls,MT59912     		N/A PC Support of capital campaign. 55,000
    Great Falls Public Library
    PO Box 742
    Great Falls,MT59403     		N/A PC Support of capital campaign. 50,000
    Greater Missoula Youth for Christ
    1515 Fairview Ave
    Missoula,MT59801     		N/A PC Support of capital campaign. 4,000
    Grizzy Wolf Discovery Center
    201 S Canyon St
    W Yellowston,MT59758     		N/A PC Support of capital campaign. 50,000
    Holy Rosary Hospital
    2600 Wilson Street
    Miles City,MT59301     		N/A PC Assistance for purchase of equipment. 15,000
    Landon's Legacy Foundation
    2244 Central Ave
    Billings,MT59102     		N/A PC Support of capital campaign. 41,000
    Lewistown Soccer Club
    PO Box 451
    Lewistown,MT59457     		N/A PC Support of capital campaign. 30,000
    Missoula Butterfly House
    PO Box 8885
    Missoula,MT59807     		N/A PC Support of capital campaign. 25,000
    Montana Children's Foundation
    2755 Colonial Dr
    Helena,MT59601     		N/A PC Support of capital campaign. 75,000
    Montana Food Bank
    5625 Expressway
    Missoula,MT59803     		N/A PC Assistance for purchase of food. 10,000
    Montana Outdoor Legacy
    PO Box 202
    Columbia Falls,MT59912     		N/A PC Support of capital campaign. 25,000
    Montana State University - Billings
    1500 University Dr
    Billings,MT59101     		N/A PC Assistance for purchase of equipment. 15,000
    Mother Lode Theater ButterSilver Bo
    155 West Granite St
    Butte,MT59701     		N/A PC Support of capital campaign. 25,000
    National Museum Forest Service
    PO Box 2772
    Missoula,MT59806     		N/A PC Support of capital campaign. 50,000
    Northwood Community Inc
    420 N Benton Ave
    Helena,MT59601     		N/A PC Support of capital campaign. 10,000
    Northern Plains Resource Council
    220 S 27th St Suite A
    Butte,MT59101     		N/A PC Support of capital campaign. 18,000
    Plant A Seed Read
    PO Box 782
    Havre,MT59501     		N/A PC Assistance for purchase of furniture. 2,500
    Polson School District
    111 4th Ave E
    Polson,MT59860     		N/A PC Support of capital campaign. 20,000
    Powell County High School
    709 Missouri Ave
    Deer Lodge,MT59722     		N/A PC Assistance for purchase of piano. 5,000
    Project Whitefish Kids
    PO Box 2010
    Whitefish,MT59937     		N/A PC Support of capital campaign. 10,000
    Providence MT Health Missoula
    PO Box 4587
    Missoula,MT59801     		N/A PC Assistance for purchase of equipment. 8,400
    Recycling Works
    202 Brooks Street
    Missoula,MT59801     		N/A PC Support of capital campaign. 2,500
    Red Ants Pants Foundation
    PO Box 637
    White Sulphur Spring,MT59645     		N/A PC Assistance for purchase of equipment. 7,500
    Redlodge City Pool
    PO Box 9
    Red Lodge,MT59068     		N/A PC Support of capital campaign. 50,000
    St Mary's Rocky Boy
    99 Church Hill Dr
    Box Elder,MT59521     		N/A PC Support of capital campaign. 45,000
    St Peter's Hospital
    2475 E Broadway
    Helena,MT59601     		N/A PC Support of capital campaign. 50,000
    Yellowstone River Park Association
    PO Box 1201
    Billings,MT59101     		N/A PC Support of capital campaign. 20,000
    Zoo Montana
    2100 S Shiloh Road
    Billings,MT59106     		N/A PC Support of capital campaign. 25,000
    Total .................................bullet 3a 1,981,450
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,269,263  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   2,603,734  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,603,734
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID: 21013475
    Software Version: 2021v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    Treacy Foundation
    EIN:
    81-0270257
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      6,700 4,600 0 2,100

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 DepreciationSchedule
    Name:
    Treacy Foundation
    EIN:
    81-0270257
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Konica Minolta copier 2017-11-13 3,239 1,447 SL 14.28 % 463      
    Building 2019-02-15 187,550 9,023 SL 2.56 % 4,809      

    TY 2021 GeneralExplanationAttachment
    Name:
    Treacy Foundation
    EIN:
    81-0270257
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF BALANCE SHEET SCHEDULELINE 6 - RECEIVABLE FROM OFFICER2020ON DECEMBER 23, 2020, A PAYMENT OF A PERSONAL EXPENSE WAS INADVERTENTLY PAID ON BEHALF OF KIMMY SKIFTUN, AN OFFICER. ONCE SHE REALIZED THAT THIS PAYMENT HAD OCCURRED, THE AMOUNT WAS PROMPTLY REPAID ON JANUARY 5, 2021.

    TY 2021 LandEtcSchedule2
    Name:
    Treacy Foundation
    EIN:
    81-0270257
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 3,239 1,910 1,329  
    Buildings 187,550 13,832 173,718  
    Land 130,332   130,332  


    TY 2021 OtherExpensesSchedule
    Name:
    Treacy Foundation
    EIN:
    81-0270257
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Business license 43 11   32
    Conferences & meetings 246 62   184
    Dues & subscriptions 689 439   250
    Insurance expense 4,737 1,184   3,553
    Investment expense 1,239 1,239    
    Office expense 1,338 335   1,003
    Postage 446 50   396
    Scholarship Selection Committee 600     600
    Telephone & information technology 4,144 2,072   2,072
    Workers Comp Insurance 388 97   291


    TY 2021 OtherLiabilitiesSchedule
    Name:
    Treacy Foundation
    EIN:
    81-0270257
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Beginning of Year - Book Value End of Year - Book Value
    Bank overdraft 18,388  
    Payroll taxes payable 1,876 3,553
    Rounding   1


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Treacy Foundation
    EIN:
    81-0270257
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment custodian - DA Davidson 53,036 53,036 0 0
    Investment custodian - RBC Capital 35,442 35,442 0 0
    Investment custodian - Stifel Nicholaus 76,916 76,916 0 0
    Investment custodian - Wells Fargo 58,688 58,688 0 0


    TY 2021 TaxesSchedule
    Name:
    Treacy Foundation
    EIN:
    81-0270257
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal Excise Tax 10,000      
    Foreign Taxes Paid 4,340 4,340