TY 2022 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022

Name of foundation
The White Horse Group Foundation Inc

% U-N-I Tax Solutions LLC

Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377

A Employer identification number

20-0674318

B Telephone number (see instructions)

(800) 839-1754

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$23,688,112J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	0
2	Check .............
3	Interest on savings and temporary cash investments	5,658		5,658
4	Dividends and interest from securities...	198,568		198,568
5a	Gross rents............	164,703		164,703
b	Net rental income or (loss) 8,870
6a	Net gain or (loss) from sale of assets not on line 10		1,471,642
b	Gross sales price for all assets on line 6a 2,647,705
7	Capital gain net income (from Part IV, line 2)...			1,466,914
8	Net short-term capital gain.........
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).......	List of Attached Documents: // Content	11,413	12,657	9,436
12	Total. Add lines 1 through 11........	1,851,984		1,848,500	9,436
13	Compensation of officers, directors, trustees, etc.	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	31,500	0	0	31,500
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	507,559	42,694		464,865
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	20,610	4,210
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	42,450	42,450	0
20	Occupancy..............
21	Travel, conferences, and meetings.......	38,471				38,471
22	Printing and publications..........	635		125		510
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	271,170	247,910		23,254
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	912,395		337,389	0	558,600
25	Contributions, gifts, grants paid.......	515,931				515,931
26	Total expenses and disbursements. Add lines 24 and 25	1,428,326		337,389	0	1,074,531
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	423,658
b	Net investment income (if negative, enter -0-)			1,511,111
c	Adjusted net income (if negative, enter -0-)...				9,436

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2022)

Form 990-PF (2022)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	133,006	192,123	192,123
	2	Savings and temporary cash investments.........	411,506	539,976	539,976
	3	Accounts receivable 1,841
		Less: allowance for doubtful accounts	1,042	1,841	1,841
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	12,714,290	List of Attached Documents: // Content 12,975,587	15,397,973
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis 1,258,736
		Less: accumulated depreciation (attach schedule) 292,431	1,675,292	List of Attached Documents: // Content 966,305	966,305
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	4,307,852	List of Attached Documents: // Content 4,826,573	6,247,665
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 400,701	List of Attached Documents: // Content 342,229	List of Attached Documents: // Content 342,229
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	19,643,689	19,844,634	23,688,112
	17	Accounts payable and accrued expenses..........	1,013	4,555
	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 )	List of Attached Documents: // Content 17,232	List of Attached Documents: // Content 8,839
	23	Total liabilities (add lines 17 through 22).........	18,245	13,394
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		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	19,625,444	19,831,240
	29	Total net assets or fund balances (see instructions).....	19,625,444	19,831,240
	30	Total liabilities and net assets/fund balances (see instructions).	19,643,689	19,844,634

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

19,625,444

Enter amount from Part I, line 27a .....................

423,658

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

20,049,102

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

217,862

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

19,831,240

Form 990-PF (2022)

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	Publicly-traded Securities
b	Passthrough K1 Capital Gain/(Loss)
c	BUILDING - 525 W STATE STREET, KENNETT SQUARE, PA	P	2010-09-10	2022-04-29
d	LAND - 525 W STATE STREET, KENNETT SQUARE, PA	P	2010-09-10	2022-04-29
e	USFRT KINSTON PTNRS-DIST IN EXCSS OF BASIS

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,360,029	1,209,070	150,959
b			691,821
c	1,003,146	631,975	371,171
d	284,530	41,202	243,328
e			9,635

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			150,959
b
c			371,171
d			243,328
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,466,914
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 ...................		3

Form 990-PF (2022)

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	21,004
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	21,004
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	21,004
6	Credits/Payments:

a	2022 estimated tax payments and 2021 overpayment credited to 2022	6a	7,975
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	20,600
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	28,575
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. List of Attached Documents: // Content		8	34
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	7,537
11	Enter the amount of line 10 to be: Credited to 2023 estimated tax7,537	Refunded	11

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2022)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

The books are in care of right arrow

U-N-I Tax Solutions LLC Telephone no. right arrow

(800) 839-1754

Located at right arrow

455 Birch StreetKennett SquarePA ZIP+4 right arrow

19348

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2022, 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 right arrow

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

Yes

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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 2022? .............

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)):

At the end of tax year 2022, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2022?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2022 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 2022.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2022? ..

Form 990-PF (2022)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
Dorothy Bontrager	VP 1.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	VP 1.0	0	0	0
J Michael Bontrager	Pres, Dir, Sec 10.0	0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Pres, Dir, Sec 10.0	0	0	0

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










Total number of other employees paid over $50,000...................

Form 990-PF (2022)

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
Square Roots Holdings LLC	Proj Mgmt/Phil Cons	429,183
455 Birch Street KENNETT SQUARE,PA19348	Proj Mgmt/Phil Cons	429,183

Total number of others receiving over $50,000 for professional services............. right arrow

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	TRAIL PROJECT: TO IMPROVE THE QUALITY OF LIFE FOR RESIDENTS BY BUILDING UPON EXISTING TRAIL NETWORKS AND EXTENDING NETWORKS TO CREATE A CONTINUOUS TRAIL LOOP IN KENNETT AREA	157,175
2	SCCON: TO ALLEVIATE POVERTY USING THE BRIDGES OUT OF POVERTY MODEL AND TO GATHER COMMUNITY MEMBERS AND LEADERS TOGETHER TO IDENTIFY AND ADDRESS KEY POVERTY ISSUES IN THE COMMUNITY	66,711
3	SUSTAINABLE COMMUNITY DEVELOPMENT: TO CREATE DIALOGUE IN KENNETT SQ AREA TO PROMOTE SOCIAL WELFARE, COMBAT COMMUNITY DETERIORATION & PROMOTE THRIVING FOR ALL KENNETT SQ RESIDNTS	161,252
4	RED CLAY PARK PROJECT: TO CREATE A PUBLIC PARK IN KENNETT SQ BORO WHICH WILL INCLUDE TRAILS & COMMON GATHERING SPACES. ITS DVLPMT WILL IMPROVE STORMWATER MGMT & STREAM RESTORATION	53,675

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......................... right arrow

Form 990-PF (2022)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

15,920,414

Average of monthly cash balances.......................

900,425

Fair market value of all other assets (see instructions)................

7,408,559

Total (add lines 1a, b, and c).........................

24,229,398

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

24,229,398

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

363,441

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

23,865,957

Minimum investment return. Enter 5% (0.05) of line 5................

1,193,298

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.)

Minimum investment return from Part IX, line 6..................

1,193,298

Tax on investment income for 2022 from Part V, line 5.......

21,004

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

21,004

Distributable amount before adjustments. Subtract line 2c from line 1............

1,172,294

Recoveries of amounts treated as qualifying distributions................

58,472

Add lines 3 and 4............................

1,230,766

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

1,230,766

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,074,531

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

1,074,531

Form 990-PF (2022)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(c) 2021	(d) 2022
1 Distributable amount for 2022 from Part X, line 7				1,230,766
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only.......			1,019,048
b Total for prior years:2020, 2019, 2018
3 Excess distributions carryover, if any, to 2022:
a From 2017......
b From 2018......
c From 2019......
d From 2020......
e From 2021......
f Total of lines 3a through e ........
4Qualifying distributions for 2022 from Part
XI, line 4: $ 1,074,531
a Applied to 2021, but not more than line 2a			1,019,048
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 2022 distributable amount.....				55,483
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2022.
(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		0
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 2021. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2022. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2023 ..........				1,175,283
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 2017 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2023. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2018....
b Excess from 2019....
c Excess from 2020....
d Excess from 2021....
e Excess from 2022....	0

Form 990-PF (2022)

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 2022, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2022	(b) 2021	(c) 2020	(d) 2019	(e) Total

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).)

Dorothy Bontrager

J Michael Bontrager

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 right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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 (2022)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Kennett Collaborative 133 Federal Walk Kennett Square,PA193481867	N/A	PC	General & Unrestricted	13,431
PRAXIS INC 409 W 45TH ST 3RD FL New York,NY10036	N/A	PC	General & Unrestricted	500,000
Wheaton College 501 College Ave Wheaton,IL60187	N/A	PC	General & Unrestricted	2,500
Total ................................. 3a				515,931

bApproved for future payment

Total ................................. 3b

Form 990-PF (2022)

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	(e) Related or exempt function income (See instructions.)
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 ...........			14	5,658
4 Dividends and interest from securities ....			14	198,568
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	8,870
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............	525990	4,728	18	1,466,914
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aK-1 Inc/Loss	525990	-1,244	14	3,088
bCLOSING INT INC-MISSION OG PARALLEL III			14	133
cINTEREST INCOME FROM PRI					9,436
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		3,484		1,683,231	9,436

13Total. Add line 12, columns (b), (d), and (e)..................

1,696,151

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
11	Income earned from PRI loan provided to help break the cycle of incarceration by providing development and career opportunities

Form 990-PF (2022)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2022)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2022 AccountingFeesSchedule

Name:

The White Horse Group Foundation Inc

EIN:

20-0674318

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
GENERAL CONSULTATIONS	31,500			31,500

- TIN:

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

TY 2022 DepreciationSchedule

Name:

The White Horse Group Foundation Inc

EIN:

20-0674318

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
200 E CYPRESS-CARP	2013-12-20	1,320	1,320	SL	7
200 E CYPRESS-APPL	2015-06-18	666	666	SL	5
200 E CYPRESS-APPL	2015-07-24	132	132	SL	5
200 E CYPRESS-APPL	2016-03-29	370	370	SL	5
200 E CYPRESS-PORC	2017-05-23	11,701	1,949	SL	27	425	425	0
200 E CYPRESS-APPL	2018-01-27	1,032	807	SL	5	206	206	0
420 S BROAD-BLDG	2011-05-13	65,837	25,436	SL	27	2,394	2,394	0
420 S BROAD-IMPROV	2011-10-06	1,810	1,235	SL	15	121	121	0
422 S BROAD-APPL	2011-10-27	543	543	SL	5
428/430 BROAD BLDG	2014-06-05	156,963	43,048	SL	27	5,708	5,708	0
428/430 BROAD-APPL	2015-07-24	143	143	SL	5
428/430 BROAD-APPL	2016-03-25	186	186	SL	5
428/430 BROAD-APPL	2018-07-24	508	348	SL	5	102	102	0
428/430 BROAD-APPL	2018-09-24	399	260	SL	5	80	80	0
412 S BROAD-BLDG	2015-12-01	158,395	35,040	SL	27	5,760	5,760	0
412 S BROAD-IMPROV	2018-07-11	4,996	637	SL	27	182	182	0
412 S BROAD-APPL	2018-04-19	350	257	SL	5	70	70	0
525 W STATE-BLDG	2012-03-01	111,761	39,963	SL	27	1,355	1,355	0
525 W STATE-IMPROV	2012-05-16	1,322	460	SL	27	16	16	0
144 W CEDAR-LAND	2011-04-01	29,881		L
200 E CYPRESS-LAND	2010-12-03	65,423		L
412 S BROAD-LAND	2015-12-01	65,069		L
420 S BROAD-LAND	2011-05-23	40,963		L
422 S BROAD-LAND	2011-05-13	41,017		L
428/430 S BROAD-LD	2014-06-05	61,426		L
525 W STATE-LAND	2012-03-01	41,202		L
144 W CEDAR-BLDG	2011-04-01	54,754	21,320	SL	27	1,991	1,991	0
144 W CEDAR-IMPROV	2011-04-01	52,971	20,633	SL	27	1,926	1,926	0
144 W CEDAR-FURN	2011-04-01	583	583	SL	5
144 W CEDAR-APPL	2011-04-01	3,344	3,344	SL	5
144 W CEDAR-LD IMP	2011-04-01	4,500	3,213	SL	15	300	300	0
144 W CEDAR-FL IMP	2011-04-01	1,203	1,203	SL	7
200 E CYPRESS-BLDG	2010-12-02	163,515	65,654	SL	27	5,946	5,946	0
200 E CYPRESS-APPL	2010-12-03	366	366	SL	5
200 E CYPRESS-APPL	2012-05-09	596	596	SL	7
200 E CYPRESS-CARP	2012-06-11	2,000	2,000	SL	7
200 E CYPRESS-DOOR	2012-11-07	138	138	SL	7
200 E CYPRESS-GAS	2012-11-27	1,500	500	SL	27	55	55	0
525 W STATE-IMPROV	2012-06-04	1,892	661	SL	27	23	23	0
525 W STATE-IMPROV	2012-03-01	886,538	317,007	SL	27	10,746	10,746	0
525 W STATE-IMPROV	2012-03-01	15,864	15,864	SL	5
525 W STATE-FURN	2012-03-01	26,426	26,426	SL	5
525 W STATE-F&F	2012-06-01	8,660	8,660	SL	5
525 W STATE-SCREEN	2012-10-04	1,208	1,208	SL	5
144 W CEDAR-IMPROV	2019-10-02	2,300	189	SL	27	84	84	0
200 E CYPRESS-APPL	2019-04-02	581	319	SL	5	116	116	0
200 E CYPRESS-CARP	2019-03-05	2,360	955	SL	7	337	337	0
412 S BROAD-APPL	2019-08-09	582	281	SL	5	116	116	0
422 S BROAD-BLDG	2011-05-13	65,783	25,415	SL	27	2,392	2,392	0
422 S BROAD-IMPROV	2011-10-06	1,810	1,235	SL	15	121	121	0
412 S BROAD-DECK	2019-10-25	1,192	93	SL	27	43	43	0
525 W STATE-IMPROV	2012-05-23	1,080	374	SL	27	13	13	0
500 E CYPRESS-LAND	2020-10-08	136,759		L
500 E CYPRESS-BLDG	2020-10-08	43,298	1,390	SL	39	1,110	1,110	0
200 E CYPRESS-CARP	2021-02-11	2,518	330	SL	7	360	360	0
200 E CYPRESS-APPL	2021-12-31	313	0	SL	5	63	63	0
144 W CEDAR-LD IMP	2022-04-13	4,700		SL	15	235	235	0
200 E CYP-GAS HEAT	2022-02-16	1,568		SL	27	48	48	0
500 E CYP-WTR HEAT	2022-05-31	372		SL	27	6	6	0

- TIN:

TY 2022 GeneralExplanationAttachment

Name:

The White Horse Group Foundation Inc

EIN:

20-0674318

Identifier	Return Reference	Explanation
PART I LINE 6A	Part I Line 6a	RECONCILIATION OF NET GAIN/(LOSS) FROM SALES OF ASSETS NOT INCLUDED IN PART IV TOTAL INCLUDED IN PART IV: (DETAILS BELOW) NET GAIN/(LOSS): $1,466,914 TOTAL NOT INCLUDED IN PART IV: PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - UBI NET GAIN/(LOSS): $4,728 TOTAL PART I, LINE 6A: $1,471,642 DETAILS OF ASSETS INCLUDED IN PART IV: PUBLICLY-TRAIDED SECURITIES GROSS SALES PRICE: $1,360,029 BOOK BASIS: $1,209,070 NET GAIN/(LOSS): $150,959 PASSTHROUGH K-1 CAPITAL GAIN/(LOSS) - NON UBI NET GAIN/(LOSS): $691,821 SALES OF OTHER ITEMIZED ASSETS GROSS SALES PRICE: $1,287,676 BOOK BASIS: $673,177 NET GAIN/(LOSS): $614,499 DISTRIBUTIONS IN EXCESS OF BASIS NET GAIN/(LOSS): $9,635

- TIN:

TY 2022 InvestmentsCorpStockSchedule

Name:

The White Horse Group Foundation Inc

EIN:

20-0674318

Name of Stock	End of Year Book Value	End of Year Fair Market Value
BAIRD SHORT TERM BOND FUND INS	776,673	725,269
BAIRD ULTRA SHORT BOND FUND IN	425,010	421,624
CONESTOGA SMALL CAP INST	220,793	244,354
GOLDMAN SACHS GQG PARTNERS INT	771,577	877,920
MATTHEWS ASIAN GROWTH AND INCO	909,832	764,999
MORGAN STANLEY INTL ADVANTAGE	1,059,800	885,238
SPDR GOLD SHARES	570,417	542,339
THORNBURG LIMITED TERM INCOME	770,000	686,235
USQ CORE REAL ESTATE FUND CLAS	3,230,878	4,464,195
VANGUARD 500 INDEX FUND ADM	3,304,530	4,571,449
VANGUARD MID-CAP INDEX FD ADMI	382,271	595,891
VANGUARD SMALL CAP INDEX FD AD	128,796	202,534
VANGUARD ULTRA ST BND ADMR	425,010	415,926

- TIN:

TY 2022 InvestmentsLandSchedule2

Name:

The White Horse Group Foundation Inc

EIN:

20-0674318

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
200 E CYPRESS-CARP	1,320	1,320
200 E CYPRESS-APPL	666	666
200 E CYPRESS-APPL	132	132
200 E CYPRESS-APPL	370	370
200 E CYPRESS-PORC	11,701	2,374	9,327	9,327
200 E CYPRESS-APPL	1,032	1,013	19	19
420 S BROAD-BLDG	65,837	27,830	38,007	38,007
420 S BROAD-IMPROV	1,810	1,356	454	454
422 S BROAD-APPL	543	543
428/430 BROAD BLDG	156,963	48,756	108,207	108,207
428/430 BROAD-APPL	143	143
428/430 BROAD-APPL	186	186
428/430 BROAD-APPL	508	450	58	58
428/430 BROAD-APPL	399	340	59	59
412 S BROAD-BLDG	158,395	40,800	117,595	117,595
412 S BROAD-IMPROV	4,996	819	4,177	4,177
412 S BROAD-APPL	350	327	23	23
525 W STATE-BLDG				67,734
525 W STATE-IMPROV
144 W CEDAR-LAND	29,881		29,881
200 E CYPRESS-LAND	65,423		65,423
412 S BROAD-LAND	65,069		65,069
420 S BROAD-LAND	40,963		40,963
422 S BROAD-LAND	41,017		41,017
428/430 S BROAD-LD	61,426		61,426
525 W STATE-LAND
144 W CEDAR-BLDG	54,754	23,311	31,443	31,443
144 W CEDAR-IMPROV	52,971	22,559	30,412	30,412
144 W CEDAR-FURN	583	583
144 W CEDAR-APPL	3,344	3,344
144 W CEDAR-LD IMP	4,500	3,513	987	987
144 W CEDAR-FL IMP	1,203	1,203
200 E CYPRESS-BLDG	163,515	71,600	91,915	91,915
200 E CYPRESS-APPL	366	366
200 E CYPRESS-APPL	596	596
200 E CYPRESS-CARP	2,000	2,000
200 E CYPRESS-DOOR	138	138
200 E CYPRESS-GAS	1,500	555	945	945
525 W STATE-IMPROV
525 W STATE-IMPROV
525 W STATE-IMPROV
525 W STATE-FURN
525 W STATE-F&F
525 W STATE-SCREEN
144 W CEDAR-IMPROV	2,300	273	2,027	2,027
200 E CYPRESS-APPL	581	435	146	146
200 E CYPRESS-CARP	2,360	1,292	1,068	1,068
412 S BROAD-APPL	582	397	185	185
422 S BROAD-BLDG	65,783	27,807	37,976	37,976
422 S BROAD-IMPROV	1,810	1,356	454	454
412 S BROAD-DECK	1,192	136	1,056	1,056
525 W STATE-IMPROV
500 E CYPRESS-LAND	136,759		136,759
500 E CYPRESS-BLDG	43,298	2,500	40,798	40,798
200 E CYPRESS-CARP	2,518	690	1,828	1,828
200 E CYPRESS-APPL	313	63	250	250
144 W CEDAR-LD IMP	4,700	235	4,465
200 E CYP-GAS HEAT	1,568	48	1,520
500 E CYP-WTR HEAT	372	6	366

- TIN:

TY 2022 InvestmentsOtherSchedule2

Name:

The White Horse Group Foundation Inc

EIN:

20-0674318

Category/ Item	Book Value	End of Year Fair Market Value
LEGACY VENTURE X LLC	422,778	424,092
LEGACY VENTURES VIII, LLC	908,838	2,001,320
LEGACY VENTURES XI LLC	73,013	69,525
MISSIONOG PARALLEL FD II, LP	370,645	607,864
MISSIONOG PARALLEL FUND III, L	78,281	74,568
OSAGE UNIVERSITY PARTNERS II,	722,746	830,373
SEAMARK FUND LP	1,048,796	177,532
SOVEREIGN'S CAPITAL II, LP	229,981	762,018
US FARMING REALTY TRUST II, LP	971,495	1,228,115
USFRT KINSTON PARTNERS LP	0	72,258

- TIN:

TY 2022 OtherAssetsSchedule

Name:

The White Horse Group Foundation Inc

EIN:

20-0674318

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
PRI LOAN - DEFY VENTURES INC		342,229	342,229

- TIN:

TY 2022 OtherDecreasesSchedule

Name:

The White Horse Group Foundation Inc

EIN:

20-0674318

Description	Amount
PRIOR PERIOD ADJUSTMENT	217,862

- TIN:

TY 2022 OtherExpensesSchedule

Name:

The White Horse Group Foundation Inc

EIN:

20-0674318

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Administrative Fees	21,500		21,500
Bank Charges	191	191
K-1 Exp LEGACY VENTURE X LLC	25,039	25,036
K-1 EXP LEGACY VENTURES VIII,	32,268	32,267
K-1 EXP MISSIONOG PRLLEL FD II	8,121	8,121
K-1 Exp MISSIONOG PARALLEL FUN	11,045	11,045
K-1 Exp OSAGE UNIVERSITY PARTN	17,907	17,907
K-1 Exp SEAMARK FUND LP	18,763	18,763
K-1 Exp SOVEREIGN'S CAPITAL II	12,491	12,491
K-1 Exp US FARMING REALTY TRUS	2
K-1 EXP LEGACY VENTURE XI LLC	7,701	7,701
PROPERTY MAINTENANCE & MGMT	113,383	113,383
State or Local Filing Fees	25		25
SUPPLIES	825		825
DUES & LICENSES	1,110	998	112
COMPUTER & IT COSTS	777		777
POSTAGE & SHIPPING	22	7	15

- TIN:

TY 2022 OtherIncomeSchedule2

Name:

The White Horse Group Foundation Inc

EIN:

20-0674318

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
K-1 Inc/Loss LEGACY VENTURE X LLC	449	261
K-1 Inc/Loss LEGACY VENTURES VIII, LLC	3,248	2,533
K-1 Inc/Loss MISSIONOG PARALLEL FD II, LP	1,363	1,363
K-1 Inc/Loss OSAGE UNIVERSITY PARTNERS II, LP	5,976	5,976
K-1 Inc/Loss SEAMARK FUND LP	5	5
K-1 Inc/Loss SOVEREIGN'S CAPITAL II, LP	458	949
K-1 Inc/Loss US FARMING REALTY TRUST II, LP	-10,598	-8,942
K-1 Inc/Loss USFRT KINSTON PARTNERS LP	911	911
K-1 Inc/Loss LEGACY VENTURE XI LLC	32	32
Closing Int Inc-Mission OG Parallel III	133	133
Interest Income from PRI	9,436	9,436	9,436

- TIN:

TY 2022 OtherLiabilitiesSchedule

Name:

The White Horse Group Foundation Inc

EIN:

20-0674318

Description	Beginning of Year - Book Value	End of Year - Book Value
SECURITY DEPOSITS	17,232	8,839

- TIN:

TY 2022 OtherProfessionalFeesSchedule

Name:

The White Horse Group Foundation Inc

EIN:

20-0674318

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
Investment Management Services	42,694	42,694
SURVEYING SERVICES	6,380		6,380
PHILANTHROPIC CONSULTING SVCS	416,530		416,530
SCHEMATIC DESIGN SERVICES	41,955		41,955

- TIN:

TY 2022 TaxesSchedule

Name:

The White Horse Group Foundation Inc

EIN:

20-0674318

Category	Amount	Net Investment Income
990-PF Estimated Tax for 2022	3,000
990-PF Extension for 2021	13,400
FOREIGN TAXES	4,210	4,210