Form990-PF


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
THE VAN BUREN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 158
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
KEOSAUQUA, IA52565
A Employer identification number

42-6062589
B Telephone number (see instructions)

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$10,697,131
J Accounting method:
 
(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) 5,100
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,086 2,086 2,086
4 Dividends and interest from securities... 98,992 98,992 98,992
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 550,302
b Gross sales price for all assets on line 6a 550,302
7 Capital gain net income (from Part IV, line 2)... 550,302
8 Net short-term capital gain......... 30,198
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)....... 4,480    
12 Total. Add lines 1 through 11........ 660,960 651,380 131,276
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 36,037 18,019   36,037
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 6,991      
19 Depreciation (attach schedule) and depletion... 35,589    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 74,168     72,655
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 152,785 18,019   108,692
25 Contributions, gifts, grants paid....... 216,832 216,832
26 Total expenses and disbursements. Add lines 24 and 25 369,617 18,019   325,524
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 291,343
b Net investment income (if negative, enter -0-) 633,361
c Adjusted net income (if negative, enter -0-)... 131,276
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............. 41,903 82,457 82,457
2 Savings and temporary cash investments......... 622,132 557,393 557,393
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   105,401   48,760
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).....      
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.......... 3,117 4,003 4,003
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 8,821,560 Click to see attachment9,506,335 9,506,335
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet       497,183
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet1,458,273
Less: accumulated depreciation (attach schedule) bullet961,090 531,176 Click to see attachment497,183 1,000
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,125,289 10,647,371 10,697,131
Liabilities 17 Accounts payable and accrued expenses.......... 1,595 1,361
18 Grants payable................. 195,800 137,900
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)    
23 Total liabilities (add lines 17 through 22)......... 197,395 139,261
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........... 8,272,799 8,034,458
25 Net assets with donor restrictions............ 1,655,095 2,473,652
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)..... 9,927,894 10,508,110
30 Total liabilities and net assets/fund balances (see instructions). 10,125,289 10,647,371
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
9,927,894
2
Enter amount from Part I, line 27a .....................
2
291,343
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
325,814
4
Add lines 1, 2, and 3 ..........................
4
10,545,051
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
36,941
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
10,508,110
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 VARIOUS STOCKS P    
b VARIOUS STOCKS P    
c
d
e
(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 520,104     520,104
b 30,198     30,198
c
d
e
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       520,104
b       30,198
c
d
e
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 2 550,302
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 30,198
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 0
3 Add lines 1 and 2........................... 3 8,804
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 8,804
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 5,400
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 15,400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 6,596
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet6,596 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)
    bulletIA
    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
     
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletGATEWAY FINANCIAL LTD Telephone no.bullet (319) 524-7278

    Located atbullet2406 MAIN STKEOKUKIA ZIP+4bullet52632
    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
     
     
    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
    Yes
     
    If "Yes," list the years bullet2016, 2017, 2018, 2019
    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)
    Yes
     
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (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
     
    No
    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
    Yes
     
    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
    CRYSTAL CRONK ASST SECRETARY
    0.25
    0 0 0
    504 S MAPLE
    FAIRFIELD,IA52556
    ALLEN GUNN 1ST VICE PRESIDENT
    0.25
    0 0 0
    BOX 83
    BONAPARTE,IA52620
    MARVIN PHILIPS DIRECTOR
    0.25
    0 0 0
    14727 110TH ST
    DOUDS,IA52551
    KATIE NICHOLS DIRECTOR
    0.25
    0 0 0
    701 VAN BUREN ST
    KEOSAUQUA,IA52565
    DENAE MEEK DIRECTOR
    0.25
    0 0 0
    212 2ND ST
    BONAPARTE,IA52620
    KEVIN HRANICKA ASST TREASURER
    0.25
    0 0 0
    853 COUNTRY LANE ROAD
    KEOSAUQUA,IA52565
    MATT MANNING PRESIDENT
    0.25
    0 0 0
    502 FRANKLIN ST
    KEOSAUQUA,IA52565
    JON P FINNEY CHAIRPERSON
    0.25
    0 0 0
    301 HENRY ST
    KEOSAUQUA,IA52565
    LISA PLOWMAN SECRETARY
    0.25
    0 0 0
    16063 GOLD AVE
    DOUDS,IA52551
    GEORGE MANNING VICE CHAIRPERSON
    0.25
    0 0 0
    PO BOX 554
    KEOSAUQUA,IA52565
    JEANNE ERICKSON DIRECTOR
    0.25
    0 0 0
    PO BOX 471
    KEOSAUQUA,IA52565
    DILLON SMITH TREASURER
    0.25
    0 0 0
    406 WALNUT ST
    FARMINGTON,IA52626
    CALE PLOWMAN DIRECTOR
    0.25
    0 0 0
    15641 GOLD AVE
    DOUDS,IA52551
    STEVE DUKE DIRECTOR
    0.25
    0 0 0
    23617 HWY 1
    KEOSAUQUA,IA52565
    DIANE WAUGH DIRECTOR
    0.25
    0 0 0
    15433 105TH RD
    LIBERTYVILLE,IA52567
    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 0
    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
    NONE
    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 EXPENSES ATTRIBUTABLE TO ROBERST MEMORIAL BUILDING - SEE SCHEDULE 83,050
    2 OTHER QUALIFYING GRANTS AND SCHOLARSHIPS 216,832
    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
    9,234,175
    b
    Average of monthly cash balances.......................
    1b
    623,220
    c
    Fair market value of all other assets (see instructions)................
    1c
    501,996
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,359,391
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    10,359,391
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    155,391
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    10,204,000
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    510,200
    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
    510,200
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    8,804
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,804
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    501,396
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    501,396
    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
    501,396
    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 7 501,396
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 194,739
    b From 2017...... 116,888
    c From 2018...... 75,567
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 387,194
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 325,524
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2021 distributable amount..... 325,524
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021. 175,872 175,872
    (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 5 211,322
    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 ..........
    0
    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) ...
    18,867
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    192,455
    10 Analysis of line 9:
    a Excess from 2017.... 116,888
    b Excess from 2018.... 75,567
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    IOWA STATE UNIVERSITY
    0210 BEARDSHEAR
    AMES,IA50011
    NONE NC SCHOLARSHIPS 1,000
    KIRKWOOD COMMUNITY COLLEGE
    6301 KIRKWOOD BLVD SW
    CEDAR RAPIDS,IA52404
    NONE NC SCHOLARSHIPS 2,600
    INDIAN HILLS COMMUNITY COLLEGE
    525 GRANDVIEW AVE
    OTTUMWA,IA52501
    NONE NC SCHOLARSHIPS 3,500
    WILLIAM PENN UNIVERSITY
    201 TRUEBLOOD AVE
    OSKALOOSA,IA52577
    NONE NC SCHOLARSHIPS 5,500
    SOUTHEASTERN COMMUNITY COLLEGE
    PO BOX 180
    WEST BURLINGTON,IA52655
    NONE NC SCHOLARSHIPS 2,000
    CENTRAL COLLEGE OF PELLA
    812 ANIVERSITY STREET
    PELLA,IA50219
    NONE NC SCHOLARSHIPS 2,500
    DES MOINES AREA COMMUNITY COLLEGE
    2006 S ANKENY BLVD
    ANKENY,IA50023
    NONE NC SCHOLARSHIPS 500
    GRANDVIEW UNIVERSITY
    1200 GRANDVIEW AVE
    DES MOINES,IA50316
    NONE NC SCHOLARSHIPS 3,000
    NORTHEASTERN OKLAHOMA AM
    200 I ST NE
    MIAMI,OK74354
    NONE NC SCHOLARSHIPS 1,000
    PITTSBURG CEMETERY
    IVY TRAIL
    KEOSAUQUA,IA52565
    NONE NC GENERAL SUPPORT 1,798
    VAN BUREN COUNTY HOSPITAL
    304 FRANKLIN ST
    KEOSAUQUA,IA52565
    NONE GOV GENERAL SUPPORT 1,832
    VAN BUREN COUNTY HISTORICAL SOCIETY
    PO BOX 423
    KEOSAUQUA,IA52565
    NONE PC GENERAL SUPPORT 196
    KEOSAUQUA PUBLIC LIBRARY
    608 1ST ST
    KEOSAUQUA,IA52565
    NONE NC GENERAL SUPPORT 196
    KEOSAUQUA SENIOR CENTER
    801 FRONT ST
    KEOSAUQUA,IA52565
    NONE PC GENERAL SUPPORT 196
    VAN BUREN COUNTY PUBLIC HEALTH
    905 BORAD ST
    KEOSAUQUA,IA52565
    NONE NC GENERAL SUPPORT 1,832
    CONGREGATIONAL CHURCH OF CHRIST
    401 VAN BUREN ST
    KEOSAUQUA,IA52565
    NONE NC GENERAL SUPPORT 3,141
    PURDOM CEMETERY
    230 RIVERVIEW DR
    KEOSAUQUA,IA52565
    NONE PC GENERAL SUPPORT 1,570
    FELLOWS CEMETERY
    UNNAMED ROAD
    KEOSAUQUA,IA52565
    NONE NC GENERAL SUPPORT 1,570
    KEOSAUQUA FIRE DEPT
    20644 HWY 1
    KEOSAUQUA,IA52565
    NONE PC GENERAL SUPPORT 196
    DOUDS UNITED METHODIST CHURCH
    14491 HWY 98
    DOUDS,IA52551
    NONE NC REPLACE CHURCH FURNACE 10,000
    DOUDS UNITED METHODIST CHURCH
    14498 HWY 98
    DOUDS,IA52551
    NONE NC CHURCH AIR CONDITIONER 2,800
    DOUDS UNITED METHODIST CHURCH
    14491 HWY 98
    DOUDS,IA52551
    NONE NC CUT TREES AT LEANDO PARK 1,300
    VILLAGES OF VAN BUREN
    809 1ST ST
    KEOSAUQUA,IA52565
    NONE PC ANNUAL FUNDING 34,000
    CITY OF KEOSAUQUA
    201 MAIN ST
    KEOSAUQUA,IA52565
    NONE GOV UNUSED GRANT FUNDS FOR FERGUSON SPORTS COMPLEX -1,296
    TAYLOR THORNSBERRY
    PO BOX 38
    DOUDS,IA52551
    NONE I UNUSED EDUCATIONAL GRANT -200
    Total .................................bullet 3a 80,731
    bApproved for future payment
    BONAPARTE COMMUNITY IMPROVEMENT
    602 8TH ST
    BONAPARTE,IA52620
    NONE PC LED LIGHTING 4,500
    VILLAGES FOLK SCHOOL
    809 1ST ST
    KEOSAUQUA,IA52565
    NONE PC 2021 PROGRAMS 5,000
    STOCKPORT HERITAGE SOCIETY
    611 N MAIN
    STOCKPORT,IA52651
    NONE PC PEAVINE LINE DEPOT MUSEUM 5,000
    JOBS CLOSET AND FOOD PANTRY
    409 WASHINGTON ST
    BONAPARTE,IA52620
    NONE NC REFRIGERATOR AND STORAGE 3,000
    FARMINGTON CEMETARY
    606 OLIVE
    FARMINGTON,IA52626
    NONE EOF FLAGS AND POLES 1,200
    VAN BUREN CO COMMUNITY SCHOOLS
    405 4TH ST
    KEOSAUQUA,IA52565
    NONE GOV USE OF RIVERVIEW CLUB 3,000
    VAN BUREN CO COMMUNITY SCHOOLS
    405 4TH ST
    KEOSAUQUA,IA52565
    NONE GOV GYM 5,000
    CITY OF BIRMINGHAM
    511 E CEDAR
    BIRMINGHAM,IA52535
    NONE GOV TURN OUT GEAR 10,000
    CITY OF KEOSAUQUA
    201 MAIN ST
    KEOSAUQUA,IA52565
    NONE GOV UPDATE FITNESS EQUIPMENT DEFIBRILATOR 2,500
    CITY OF KEOSAUQUA
    201 MAIN ST
    KEOSAUQUA,IA52565
    NONE GOV POOL 10,000
    CITY OF FARMINGTON
    203 ELM ST
    FARMINGTON,IA52626
    NONE GOV CAMPGROUND EXPANSION AT INDIAN LAKE 15,000
    VAN BUREN COUNTY CONSERVATION BOARD
    816 FRANKLIN ST
    KEOSAUQUA,IA52565
    NONE NC BRIDGE INSPECTION 6,000
    BONAPARTE COMMMUNITY FIRE DEPT
    602 2ND ST
    BONAPARTE,IA52620
    NONE PC GEAR 5,000
    VAN BUREN COUNTY EXTENSION
    200 DODGE ST
    KEOSAUQUA,IA52565
    NONE NC AWARDS 2,000
    ENGAGE KEOSAUQUA
    PO BOX 313
    KEOSAUQUA,IA52565
    NONE PC POCKET PARK 5,000
    VAN BUREN COUNTY TRAILS ASSN INC
    PO BOX 327
    KEOSAUQUA,IA52565
    NONE NC KEOSAUQUA RIVERFRONT 6,000
    ZION LUTHERAN CEMETERY
    17475 HWY 16
    DOUDS,IA52551
    NONE EOF GRAVESTONE RESTORATION 8,000
    VAN BUREN COUNTY EXTENSION
    200 DODGE ST
    KEOSAUQUA,IA52565
    NONE NC 4H ENROLLMENT 2,000
    CITY OF KEOSAUQUA
    201 MAIN ST
    KEOSAUQUA,IA52565
    NONE GOV LACEY PARK TRAIL 27,500
    VAN BUREN COUNTY HOSPITAL
    304 FRANKLIN ST
    KEOSAUQUA,IA52565
    NONE GOV EQUIPMENT RENTAL 1,100
    WALL PRESBYTERIAN CHURCH
    21930 WALL ST
    KEOSAUQUA,IA52565
    NONE NC REBUILD 8,300
    VAN BUREN HISTORICAL SOCIETY
    PO BOX 423
    KEOSAUQUA,IA52565
    NONE NC BROCHURES 1,000
    Total .................................bullet 3b 136,100
    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 ....         220
    3 Interest on savings and temporary cash
    investments ...........
        14 2,086  
    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     14 4,200  
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
             
    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) ..   518,938 220
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    519,158
    (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.)
    02 BOARD MEMBERS PAY DUES TO THE VAN BUREN FOUNDATION INC THE MEMBERSMEET TWICE EACH YEAR TO REVIEW GRANT APPLICATION
    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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    THE VAN BUREN FOUNDATION INC
     
    Employer identification number

    42-6062589
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE VAN BUREN FOUNDATION INC
     
    Employer identification number
    42-6062589
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    MARVIN PHILIPS
    14727 110TH ST
     
    DOUDS, IA52551

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    THE VAN BUREN FOUNDATION INC
     
    Employer identification number

    42-6062589
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    THE VAN BUREN FOUNDATION INC
     
    Employer identification number

    42-6062589
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    THE VAN BUREN FOUNDATION INC
    EIN:
    42-6062589
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 36,037 18,019 0 36,037

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

    TY 2021 DepreciationSchedule
    Name:
    THE VAN BUREN FOUNDATION INC
    EIN:
    42-6062589
    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
    KITCHEN CUPBOARDS 1978-10-03 895 895 SL 7 0 0 0  
    STAGE IMPROVEMENTS 1979-10-13 4,103 4,103 SL 7 0 0 0  
    STAGE IMPROVEMENTS 1979-07-28 4,917 4,917 SL 7 0 0 0  
    STAGE SETS 1979-03-31 917 917 SL 7 0 0 0  
    STAGE IMPROVEMENTS 1979-03-31 960 960 SL 7 0 0 0  
    GAS HOOKUP 1980-09-03 655 655 SL 39 0 0 0  
    SEWER 1986-11-21 2,000 2,000 SL 15 0 0 0  
    KITCHEN FLOOR 1985-04-25 518 518 SL 39 0 0 0  
    NEW WINDOWS 1988-09-30 13,404 13,404 SL 15 0 0 0  
    NEW CEILING 1988-12-09 8,200 8,200 SL 15 0 0 0  
    RURAL WATER HOOKUPS 1988-06-13 183 183 SL 15 0 0 0  
    MEMORIAL BUILDING 1959-01-01 83,186 75,123 SL 39 2,133 0 0  
    STAGE LIGHTING 1989-01-18 13,661 13,661 SL 15 0 0 0  
    CONCRETE WORK 1992-09-09 4,675 4,675 SL 15 0 0 0  
    REMODEL BATHROOM 1994-02-01 20,000 20,000 SL 20 0 0 0  
    SUMP PUMP 1996-05-22 200 200 SL 7 0 0 0  
    BUILDING REMODEL 1998-10-01 488,275 278,567 SL 39 12,520 0 0  
    LAND IMPROVEMENTS 1998-12-19 1,202 1,202 SL 15 0 0 0  
    BUILDING REMODEL 1998-12-31 13,595 7,669 SL 39 349 0 0  
    PARKING LOT ADDITION 1999-06-09 212,811 212,811 SL 20 0 0 0  
    LANDSCAPING IMPROVEMENT 1999-08-24 8,069 8,069 SL 15 0 0 0  
    SIGN 1999-08-10 2,075 2,075 SL 7 0 0 0  
    ELECTRICAL SYSTEM 1999-09-03 35,297 35,297 SL 15 0 0 0  
    12X16 UTILITY SHED 2000-02-24 1,943 1,943 SL 15 0 0 0  
    PARKING LOT ADDITION 2000-11-06 9,576 9,576 SL 20 0 0 0  
    KITCHEN CABINETS 2001-04-26 3,295 3,295 SL 5 0 0 0  
    SIDEWALK 2001-06-07 1,980 1,980 SL 15 0 0 0  
    NEW DOOR 2001-07-12 945 945 SL 15 0 0 0  
    2 FURNACES 2001-12-15 4,130 4,130 SL 15 0 0 0  
    4 STEP STAIRS 2002-12-05 535 535 SL 7 0 0 0  
    NEW WIRING AND LIGHTING 2003-08-18 5,095 5,095 SL 15 0 0 0  
    AIR CONDITIONER CONF 2004-03-26 1,718 1,718 SL 7 0 0 0  
    AIR CONDITIONER 2004-09-07 3,867 3,867 SL 7 0 0 0  
    IRRIGATION SYSTEM 2005-08-08 6,345 6,345 SL 7 0 0 0  
    STORAGE SHED 2005-11-17 3,120 2,353 SL 20 156 0 0  
    LANDSCAPING 2005-09-13 890 890 SL 15 0 0 0  
    NEW FLOORING 2006-02-15 13,439 13,365 SL 15 74 0 0  
    REMODELING 2006-03-20 62,112 45,808 SL 20 3,106 0 0  
    KITCHEN REMODELING 2007-12-15 8,530 5,580 SL 20 426 0 0  
    NEW CEILING AND LIGHTS 2008-06-18 21,994 13,747 SL 20 1,100 0 0  
    LIGHTS AND ISNTALLATION 2009-03-10 7,813 4,623 SL 20 391 0 0  
    NEW BATHROOM FLOOR TILE 2011-02-10 20,890 10,357 SL 20 1,044 0 0  
    PARKING LOT IMPROVEMENTS 2011-07-11 15,136 9,586 SL 15 1,009 0 0  
    AIR CONDITIONING SYSTEM 2012-07-07 32,175 18,232 SL 15 2,145 0 0  
    FENCE 2015-08-05 4,578 0 SL 0 0 0 0  
    NEW REPLACEMENT ROOF 2017-12-31 143,767 17,252 SL 25 5,751 0 0  
    FURNACE 2017-12-21 6,334 1,266 SL 15 422 0 0  
    ADDITIONAL ROOF COST 2018-02-28 24,862 2,817 SL 25 994 0 0  
    ADDITIONAL ROOF COSTS 2018-09-30 31,086 2,798 SL 25 1,243 0 0  
    KITCHEN EQUIPMENT 1978-12-20 3,788 3,788 SL 15 0 0 0  
    KAWAI GRAND PIANO 1979-02-04 4,600 4,600 SL 7 0 0 0  
    KITCHEN EQUIPMENT 2008-07-09 331 331 SL 5 0 0 0  
    12 TABLES 1981-12-14 1,301 1,301 SL 7 0 0 0  
    SOUND SYSTEM 1981-11-09 175 175 SL 7 0 0 0  
    SOUND SYSTEM 1982-01-16 921 921 SL 7 0 0 0  
    WIRING 1982-06-02 802 802 SL 7 0 0 0  
    WATER HEATER 1983-11-01 667 667 SL 7 0 0 0  
    PUMP 1983-12-16 111 111 SL 7 0 0 0  
    10 TABLES 2 TABLE TR 1984-11-14 1,047 1,047 SL 7 0 0 0  
    SPEACH DIRECTOR 11 1985-11-25 439 439 SL 5 0 0 0  
    FLOOR COVERING 1986-02-14 1,239 1,239 SL 39 0 0 0  
    MICROWAVE 1990-12-22 232 232 SL 7 0 0 0  
    CHAIRS 1991-02-27 930 930 SL 7 0 0 0  
    RACK 1991-04-23 307 307 SL 7 0 0 0  
    CHAIR TRUCK 1992-04-16 189 189 SL 7 0 0 0  
    CHAIRS 1992-02-18 930 930 SL 7 0 0 0  
    SOUND SYSTEM 1992-09-30 3,076 3,076 SL 7 0 0 0  
    12 TABLES 1992-10-12 1,399 1,399 SL 7 0 0 0  
    MICROPHONES 1992-09-30 1,674 1,674 SL 7 0 0 0  
    CHAIRS 1995-02-21 1,460 1,460 SL 7 0 0 0  
    12 TABLES 1995-05-31 1,490 1,490 SL 7 0 0 0  
    CARPET 1998-10-29 499 499 SL 15 0 0 0  
    MINI BLINDS 1998-05-15 970 970 SL 15 0 0 0  
    COFFEE POTS 1998-06-30 235 235 SL 7 0 0 0  
    MATS SHELVES 1998-07-14 531 531 SL 3 0 0 0  
    VACUUM SWEEPER 1998-11-03 103 103 SL 5 0 0 0  
    DEHUMIDIFIER 1998-12-05 168 168 SL 7 0 0 0  
    BOARD ROOM CONF TABLE 1999-03-15 1,351 1,351 SL 7 0 0 0  
    18 EXECUTIVE CHAIRS 1999-03-15 4,583 4,583 SL 7 0 0 0  
    12 TABLES 1999-03-20 1,511 1,511 SL 7 0 0 0  
    CHAIRS 2000-12-20 2,478 2,478 SL 7 0 0 0  
    SNOWBLOWER 2001-01-03 415 415 SL 7 0 0 0  
    2 AUDIT TECHNICA MICS 2002-10-21 245 245 SL 7 0 0 0  
    6 TABLES 2002-07-03 1,042 1,042 SL 7 0 0 0  
    SELECT SCRUB MACHINE 2002-08-06 4,020 4,020 SL 7 0 0 0  
    REFRIGERATOR COOLER 2003-10-24 2,759 2,759 SL 7 0 0 0  
    14 ROUND TABLES 2005-01-04 4,377 4,377 SL 7 0 0 0  
    ROUND TABLES 2005-05-02 2,008 2,008 SL 7 0 0 0  
    12 ROUND TABLES 2005-05-20 5,424 5,424 SL 7 0 0 0  
    NEW STAGE CURTAINS 2006-10-09 7,150 7,150 SL 7 0 0 0  
    10 TABLES AND CART 2008-11-07 1,157 1,157 SL 7 0 0 0  
    LT2042 LAWN MOWER 2007-11-05 1,880 1,880 SL 7 0 0 0  
    FILE CABINET 2010-02-09 999 999 SL 10 0 0 0  
    100 CHAIRS 2013-08-21 2,782 2,040 SL 10 278 0 0  
    TABLES 2014-06-02 2,094 1,969 SL 7 125 0 0  
    FLOOR MACHINE 2017-10-30 5,986 2,708 SL 7 855 0 0  
    BATTERY UPGRADE 2017-11-02 536 243 SL 7 77 0 0  
    LAND 1955-10-09 1,000 0 SL 0 0 0 0  
    PARKING LOT IMPOROVEMENTS 2019-12-31 18,909 1,261 SL 15 1,261 0 0  
    ROOF REPAIR 2020-10-07 4,404 4,404 SL 25 0 0 0  
    GATE REFURBISHMENT 2020-08-26 8,085 8,085 SL 15 0 0 0  
    BLEACHERS 2021-12-10 31,200 0 SL 20 130 0 0  

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE VAN BUREN FOUNDATION INC
    EIN:
    42-6062589
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EDWARD JONES STOCKS & MF 7,174,042 7,174,042
    VANGUARD DAUGHRITY 1,351,877 1,351,877
    VANGUARD FINNEY 980,416 980,416

    TY 2021 LandEtcSchedule2
    Name:
    THE VAN BUREN FOUNDATION INC
    EIN:
    42-6062589
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 1,000 0 1,000 1,000
    BUILDING & IMPROVEMENTS 1,374,862 883,065 491,797 0
    FURNITURE FIXTURES & EQUIPMENT 82,411 78,025 4,386 0


    TY 2021 OtherDecreasesSchedule
    Name:
    THE VAN BUREN FOUNDATION INC
    EIN:
    42-6062589
    Description Amount
    BOOK TO TAX DIFFERENCES 36,941


    TY 2021 OtherExpensesSchedule
    Name:
    THE VAN BUREN FOUNDATION INC
    EIN:
    42-6062589
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES 45 0 0 45
    INSURANCE 5,251 0 0 5,251
    JANITORIAL 8,763 0 0 8,763
    MAINTENANCE 12,951 0 0 12,951
    REPAIRS 7,563 0 0 7,563
    SUPPLIES 2,114 0 0 2,114
    UTILITIES 13,663 0 0 13,663
    PENALTIES 1,407 0 0 0
    LOANS FORGIVEN 22,305 0 0 22,305
    BANK FEES 106 0 0 0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE VAN BUREN FOUNDATION INC
    EIN:
    42-6062589
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    DIRECTOR FEES 280 0 0
    RENTAL 4,200 0 0


    TY 2021 OtherIncreasesSchedule
    Name:
    THE VAN BUREN FOUNDATION INC
    EIN:
    42-6062589
    Description Amount
    UNREALIZED GAINS 325,814


    TY 2021 TaxesSchedule
    Name:
    THE VAN BUREN FOUNDATION INC
    EIN:
    42-6062589
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX EXPENSE 1,669 0 0 0
    INCOME TAX EXPENSE 5,322 0 0 0