TY 2023 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

2023

Open to Public Inspection

For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023

Name of foundation
THOMPSON SCHOOLS FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 703238
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PLYMOUTH, MI48170

A Employer identification number

30-0107259

B Telephone number (see instructions)

(734) 453-6412

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

$79,625,534J 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	(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	4,174		4,174
4	Dividends and interest from securities...
5a	Gross rents............	594,777		594,777
b	Net rental income or (loss) 594,777
6a	Net gain or (loss) from sale of assets not on line 10
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...			0
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).......
12	Total. Add lines 1 through 11........	598,951		598,951
13	Compensation of officers, directors, trustees, etc.	13,834		6,917	6,917
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	14,056	0	14,056
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	13,194	3,125	10,069
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	4,530	0	4,530
17	Interest...............	82,755		0	82,755
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	3,995	3,995	0
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	3,028,977	3,028,977
20	Occupancy..............	94,390		94,390	0
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	28,931	7,127	21,804
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	3,284,662		3,144,531	140,131
25	Contributions, gifts, grants paid.......	43,853			43,853
26	Total expenses and disbursements. Add lines 24 and 25	3,328,515		3,144,531	183,984
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-2,729,564
b	Net investment income (if negative, enter -0-)			0
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2023)

Form 990-PF (2023)

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.............
	2	Savings and temporary cash investments.........	597,607	417,717	417,717
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 124,401,365
		Less: accumulated depreciation (attach schedule) 45,347,460	81,585,405	List of Attached Documents: // Content 79,053,905	79,053,905
	15	Other assets (describe )	List of Attached Documents: // Content 172,086	List of Attached Documents: // Content 153,912	List of Attached Documents: // Content 153,912
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	82,355,098	79,625,534	79,625,534
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......	6,125,000	6,125,000
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	6,125,000	6,125,000
		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........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	76,230,098	73,500,534
	29	Total net assets or fund balances (see instructions).....	76,230,098	73,500,534
	30	Total liabilities and net assets/fund balances (see instructions).	82,355,098	79,625,534

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

76,230,098

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

-2,729,564

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

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

73,500,534

Decreases not included in line 2 (itemize) right arrow

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

73,500,534

Form 990-PF (2023)

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.)
1a
b
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
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(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
b
c
d
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
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

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	0
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	0
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	0
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	73
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	73
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
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	73
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax73	Refunded	11	0

Form 990-PF (2023)

Page 4

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

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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?.........

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

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 2023 or the taxable year beginning in 2023? 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. ...............................

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

N/A

The books are in care of right arrow

CATHY KUNKEL Telephone no. right arrow

(734) 357-2148

Located at right arrow

47079 FIVE MILE RDPLYMOUTHMI ZIP+4 right arrow

48170

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 2023, 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

Form 990-PF (2023)

Page 5

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)

Yes

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

1a(4)

(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 2023? .............

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 2023, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2023?....................

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 2023 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 2023.) .....................

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 2023? ..

Form 990-PF (2023)

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-)
ROBERT M THOMPSON	MEMBER/PRESIDENT/CHAIR/TRUSTEE 4.00	0
PO BOX 703238 PLYMOUTH,MI48170	MEMBER/PRESIDENT/CHAIR/TRUSTEE 4.00	0
ELLEN A THOMPSON	MEMBER/VICE-PRESIDENT/TRUSTEE 1.00	0
PO BOX 703238 PLYMOUTH,MI48170	MEMBER/VICE-PRESIDENT/TRUSTEE 1.00	0
MARK A MURRAY	TRUSTEE 4.00	0
PO BOX 703238 PLYMOUTH,MI48170	TRUSTEE 4.00	0
BRIAN COONEY	TRUSTEE 4.00	0
PO BOX 703238 PLYMOUTH,MI48170	TRUSTEE 4.00	0
FRANCIS RESENDES	TRUSTEE 1.00	0
PO BOX 703238 PLYMOUTH,MI48170	TRUSTEE 1.00	0
CATHY KUNKEL	TRUSTEE 4.00	13,834
PO BOX 703238 PLYMOUTH,MI48170	TRUSTEE 4.00	13,834
TONY DEMARIA	TRUSTEE 1.00	0
PO BOX 703238 PLYMOUTH,MI48170	TRUSTEE 1.00	0
JEFF BUCK	TRUSTEE 1.00	0
PO BOX 703238 PLYMOUTH,MI48170	TRUSTEE 1.00	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
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2023)

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2023)

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

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

528,696

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

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

528,696

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

528,696

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

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

7,930

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

520,766

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

26,038

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

26,038

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

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

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

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

26,038

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

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

26,038

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

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

26,038

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 ..........

183,984

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

14,528

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. .......

198,512

Form 990-PF (2023)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7					26,038
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	5,878,093
b From 2019......	4,784,957
c From 2020......	4,329,561
d From 2021......	283,920
e From 2022......	298,122
f Total of lines 3a through e ........		15,574,653
4Qualifying distributions for 2023 from Part
XI, line 4: $ 198,512
a Applied to 2022, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....					26,038
e Remaining amount distributed out of corpus		172,474
5 Excess distributions carryover applied to 2023.		0			0
(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		15,747,127
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
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......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					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) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		5,878,093
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		9,869,034
10 Analysis of line 9:
a Excess from 2019....	4,784,957
b Excess from 2020....	4,329,561
c Excess from 2021....	283,920
d Excess from 2022....	298,122
e Excess from 2023....	172,474

Form 990-PF (2023)

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 2023, 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) 2023	(b) 2022	(c) 2021	(d) 2020	(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).)

ROBERT M THOMPSON

ELLEN A THOMPSON

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 (2023)

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
PUBLIC SCHOOL ACADEMIES OF DETROIT UNIVERSITY PREP ACCADEMY 5310 ST ANTOINE DETROIT,MI48202	NONE	PC	CHARTER SCHOOL OPERATIONS	43,853
Total ................................. 3a				43,853

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2023)

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	4,174
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16		594,777
6 Net rental income or (loss) from personal property
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) ..		0		4,174	594,777

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

598,951

(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.)
5B	RENT RECEIVED FROM CHARTER SCHOOLS IN RETURN FOR PROVIDING STATE OF THE ART SCHOOL BUILDINGS AND FACILITIES IN THE CITY OF DETROIT

Form 990-PF (2023)

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 (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

THOMPSON SCHOOLS FOUNDATION

EIN:

30-0107259

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	13,194	3,125		10,069

- TIN:

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

TY 2023 DepreciationSchedule

Name:

THOMPSON SCHOOLS FOUNDATION

EIN:

30-0107259

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
ES I BUILDING	2005-09-01	1,040,000	462,228	SL	39.000000000000	26,667	26,667
ES I BUILDING IMPOVEMENTS	2005-09-01	7,348,843	3,266,155	SL	39.000000000000	188,432	188,432
ES I BUILDING IMPROV BILLBOARD	2005-09-01	360,000	160,004	SL	39.000000000000	9,231	9,231
HS FURNITURE AND FIXTURES - TEF 1	2005-09-01	331,332	331,332	SL	7.000000000000	0	0
ES I LAND	2005-09-01	330,289		NC	0 %	0	0
HS LAND IMPROVEMENTS - TEF 1	2004-09-01	2,034,710	954,334	SL	39.000000000000	52,172	52,172
HS BUILDING - TEF 1	2004-09-01	9,706,364	4,552,549	SL	39.000000000000	248,881	248,881
HS FURNITURE AND FIXTURES - TEF 1	2004-09-01	1,227,604	1,227,604	SL	7.000000000000	0	0
ES I FURNITURE AND FIXTURES	2005-09-01	517,784	517,784	SL	7.000000000000	0	0
N.E. NEIGHBORHOOD LAND	2006-06-08	20,000		NC	0 %	0	0
HS FURNITURE AND FIXTURES - TEF 1	2006-09-01	27,987	27,987	SL	7.000000000000	0	0
ES I BUILDING IMPROVEMENTS	2006-09-01	953,243	398,201	SL	39.000000000000	24,442	24,442
MS LAND - TEF 2	2004-09-01	497,717		NC	0 %	0	0
HS LAND - TEF 1	2003-09-01	20,000		NC	0 %	0	0
HS LAND - TEF 1	2002-09-01	1,082,617		NC	0 %	0	0
MS BUILDING IMPROVEMENTS - TEF 2	2007-09-01	193,092	75,709	SL	39.000000000000	4,951	4,951
UPA CASS & AMSTERDAM LAND - TEF 4	2007-09-01	50,000		NC	0 %	0	0
MS BUILDING - TEF 2	2004-09-01	2,986,307	1,400,660	SL	39.000000000000	76,572	76,572
MS FURNITURE & FIXTURES - TEF 2	2004-09-01	298,631	298,631	SL	7.000000000000	0	0
ES I FURNITURE AND FIXTURES	2006-09-01	55,118	55,118	SL	7.000000000000	0	0
MS GYM BUILDING IMPROVEMENTS - TEF 2	2006-09-01	1,685,473	704,249	SL	39.000000000000	43,217	43,217
UPSM HS BUILDING - TEF 7	2008-11-12	914,844	332,322	SL	39.000000000000	23,458	23,458
UPSM HS LAND - TEF 7	2008-11-12	1,046,849		NC	0 %	0	0
LAND - TEF 7	2009-06-30	3,900		NC	0 %	0	0
LAND IMPROVEMENTS - TEF 4	2009-01-01	144,825	51,828	SL	39.000000000000	3,713	3,713
BUILDING - TEF 4	2009-01-01	291,706	104,408	SL	39.000000000000	7,480	7,480
BUILDING IMPROVEMENTS - TEF 4	2009-01-01	9,599,812	3,435,830	SL	39.000000000000	246,149	246,149
OFFICE EQUIPMENT	2009-01-01	315,718	315,718	SL	7.000000000000	0	0
BUILDING IMPROVEMENTS - TEF 2	2010-09-01	444,682	140,150	SL	39.000000000000	11,402	11,402
BUILDING IMPROVEMENTS - TEF 5	2010-01-01	14,499,899	4,817,805	SL	39.000000000000	371,792	371,792
OFFICE, FURNITURE, & FIXTURES - TEF 5	2010-01-01	636,859	636,859	SL	7.000000000000	0	0
COMPUTER EQUIPMENT - TEF 5	2010-01-01	234,714	234,714	SL	5.000000000000	0	0
SOFTWARE - TEF 5	2010-01-01	7,560	7,560	SL	3.000000000000	0	0
OFFICE, FURNITURE, & FIXTURES - TEF 6	2010-01-01	874,087	874,087	SL	7.000000000000	0	0
COMPUTER EQUIPMENT - TEF 6	2010-01-01	13,293	13,293	SL	5.000000000000	0	0
BUILDING IMPROVEMENTS - TEF FRANKLIN	2010-12-01	12,937,062	3,994,462	SL	39.000000000000	331,720	331,720
OFFICE, FURNITURE, & FIXTURES - TEF FRANKLIN	2010-12-01	412,209	412,209	SL	7.000000000000	0	0
COMPUTER EQUIPMENT - TEF FRANKLIN	2010-12-01	470,029	470,029	SL	5.000000000000	0	0
SOFTWARE - TEF FRANKLIN	2010-12-01	48,983	48,983	SL	3.000000000000	0	0
OFFICE, FURNITURE, & FIXTURES - TEF 5	2011-09-01	13,260	13,260	SL	7.000000000000	0	0
OFFICE, FURNITURE, & FIXTURES - TEF FRANKLIN	2011-09-01	62,221	62,221	SL	7.000000000000	0	0
COMPUTER EQUIPMENT - TEF FRANKLIN	2011-09-01	152,183	152,183	SL	5.000000000000	0	0
SOFTWARE - TEF FRANKLIN	2011-09-01	71,082	71,082	SL	3.000000000000	0	0
LAND-TEF 3- HFA K5	2011-01-01	146,668		L		0	0
BUILDING-TEF 3-HFA K5	2012-09-01	555,843	146,677	SL	39.000000000000	14,252	14,252
BUILDING IMPROVEMENTS - TEF 3	2012-09-01	8,295,072	2,188,976	SL	39.000000000000	212,694	212,694
OFFICE FURNITURE & FIXTURES- TEF 3	2012-09-01	402,772	402,772	SL	7.000000000000	0	0
OFFICE FURNITURE & FIXTURES-TEF 5	2012-03-01	6,200	6,200	SL	7.000000000000	0	0
OFFICE FURNITURE & FIXTURES- TEF FRANKLIN	2012-09-01	6,200	6,200	SL	7.000000000000	0	0
COMPUTER EQUIPMENT - TEF 3	2012-09-01	463,375	463,375	SL	5.000000000000	0	0
COMPUTER EQUIPMENT - TEF FRANKLIN	2012-03-01	83,004	83,004	SL	5.000000000000	0	0
SOFTWARE - TEF 3	2012-09-01	6,566	6,566	SL	3.000000000000	0	0
SOFTWARE - TEF FRANKLIN	2012-01-01	8,000	8,000	SL	3.000000000000	0	0
LAND-TEF 8 - UPSM K5	2011-01-01	120,000		L		0	0
BUILDING - TEF 8	2013-09-01	482,362	114,919	SL	39.000000000000	12,368	12,368
BUILDING IMPROVEMENTS - TEF 3	2013-01-01	762,674	194,745	SL	39.000000000000	19,556	19,556
BUILDING IMPROVEMENTS - TEF 8	2013-09-01	11,978,694	2,853,898	SL	39.000000000000	307,146	307,146
OFFICE FURNITURE & FIXTURES- TEF 3	2013-03-01	44,543	44,543	SL	7.000000000000	0	0
OFFICE FURNITURE & FIXTURES- TEF 8	2013-09-01	538,836	538,836	SL	7.000000000000	0	0
OFFICE FURNITURE & FIXTURES- TEF FRANKLIN	2013-01-01	9,790	9,790	SL	7.000000000000	0	0
COMPUTER EQUIPMENT - TEF 3	2013-01-01	22,150	22,150	SL	5.000000000000	0	0
COMPUTER EQUIPMENT - TEF 8	2013-09-01	275,841	275,841	SL	5.000000000000	0	0
COMPUTER EQUIPMENT - TEF FRANKLIN	2013-03-01	157,158	157,158	SL	5.000000000000	0	0
SOFTWARE - TEF FRANKLIN	2013-01-01	37,406	37,406	SL	3.000000000000	0	0
BUILDING IMPROVEMENTS - TEF 3	2014-12-01	13,396	2,758	SL	39.000000000000	343	343
BUILDING IMPROVEMENTS - TEF 8	2014-02-01	779,978	177,492	SL	39.000000000000	19,999	19,999
BUILDING IMPROVEMENTS - TEF 8	2016-09-01	103,350	16,673	SL	39.000000000000	2,650	2,650
BUILDING IMPROVEMENTS - TEF 2	2017-09-01	4,699,037	637,582	SL	39.000000000000	120,488	120,488
OFFICE EQUIPMENT/FURNITURE - TEF 2	2017-09-01	396,627	311,636	SL	7.000000000000	56,661	56,661
COMPUTER EQUIPMENT - TEF 2	2017-09-01	181,666	181,666	SL	5.000000000000	0	0
BUILDING - TEF 6	2017-07-01	16,850,655	2,358,371	SL	39.000000000000	432,068	432,068
LOAN COSTS - TEF 2	2017-04-01	228,913	188,039	SL	7.000000000000	32,702	32,702
BUILDING IMPROVEMENTS - TEF 2	2018-01-01	613,349	77,981	SL	39.000000000000	15,727	15,727
BUILDING IMPROVEMENTS - TEF 2	2018-09-01	78,925	8,686	SL	39.000000000000	2,024	2,024
BUILDING IMPROVEMENTS - TEF 8	2018-09-01	56,940	6,266	SL	39.000000000000	1,460	1,460
LAND IMPROVEMENTS - TEF 4	2018-09-01	429,917	128,975	SL	15.000000000000	28,661	28,661
LAND IMPROVEMENTS - TEF 3	2018-09-01	83,918	25,177	SL	15.000000000000	5,595	5,595
FF&E - TEF 3	2018-09-01	16,562	10,647	SL	7.000000000000	2,366	2,366
BUILDING IMPROVEMENTS - TEF 2	2019-05-01	81,289	7,555	SL	39.000000000000	2,084	2,084
BUILDING IMPROVEMENTS - TEF 3	2019-09-01	84,802	7,156	SL	39.000000000000	2,174	2,174
LEASEHOLD IMPROVEMENTS-TEF6	2019-03-01	844,414	82,097	SL	39.000000000000	21,652	21,652
FF&E - TEF 6	2019-03-01	255,721	127,862	SL	7.000000000000	36,532	36,532
BUILDING IMPROVEMENTS - TEF FRANKLIN	2023-09-01	231,935		SL	39.000000000000	1,735	1,735
LAND IMPROVEMENTS - TEF 3	2023-09-01	232,841		SL	15.000000000000	7,761	5,174

- TIN:

TY 2023 GeneralExplanationAttachment

Name:

THOMPSON SCHOOLS FOUNDATION

EIN:

30-0107259

Identifier	Return Reference	Explanation
REPORTED EXCESS DISTRIBUTIONS	FORM 990-PF, PART VI-A, LINE 5:	BELOW IS A SCHEDULE ADJUSTING THE TAX ATTRIBUTES DUE TO A GREATER THAN 25 PERCENT TRANSFER OF ASSETS IN 2020. 2016: 2022 REPORTED EXCESS DISTRIBUTIONS: $4,307,913 ADJUSTMENTS DUE TO 2020 TRANSFER: $255,685 2023 REPORTED EXCESS DISTRIBUTIONS: $4,563,5982017: 2022 REPORTED EXCESS DISTRIBUTIONS: $27,891,586 ADJUSTMENTS DUE TO 2020 TRANSFER: $1,054,785 2023 REPORTED EXCESS DISTRIBUTIONS: $28,946,3712018: 2022 REPORTED EXCESS DISTRIBUTIONS: $5,333,314 ADJUSTMENTS DUE TO 2020 TRANSFER: $544,779 2023 REPORTED EXCESS DISTRIBUTIONS: $5,878,0932019: 2022 REPORTED EXCESS DISTRIBUTIONS: $1,853,540 ADJUSTMENTS DUE TO 2020 TRANSFER: $2,931,417 2023 REPORTED EXCESS DISTRIBUTIONS: $4,784,9572020: 2022 REPORTED EXCESS DISTRIBUTIONS: $600,726 ADJUSTMENTS DUE TO 2020 TRANSFER: $3,728,835 2023 REPORTED EXCESS DISTRIBUTIONS: $4,329,5612021: 2022 REPORTED EXCESS DISTRIBUTIONS: $283,920 ADJUSTMENTS DUE TO 2020 TRANSFER: $0 2023 REPORTED EXCESS DISTRIBUTIONS: $283,9202022: 2022 REPORTED EXCESS DISTRIBUTIONS: $298,122 ADJUSTMENTS DUE TO 2020 TRANSFER: $0 2023 REPORTED EXCESS DISTRIBUTIONS: $298,122

- TIN:

TY 2023 LandEtcSchedule2

Name:

THOMPSON SCHOOLS FOUNDATION

EIN:

30-0107259

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
ES I BUILDING	1,040,000	488,895	551,105
ES I BUILDING IMPOVEMENTS	7,348,843	3,454,587	3,894,256
ES I BUILDING IMPROV BILLBOARD	360,000	169,235	190,765
HS FURNITURE AND FIXTURES - TEF 1	331,332	331,332	0
ES I LAND	330,289	0	330,289
HS LAND IMPROVEMENTS - TEF 1	2,034,710	1,006,506	1,028,204
HS BUILDING - TEF 1	9,706,364	4,801,430	4,904,934
HS FURNITURE AND FIXTURES - TEF 1	1,227,604	1,227,604	0
ES I FURNITURE AND FIXTURES	517,784	517,784	0
N.E. NEIGHBORHOOD LAND	20,000	0	20,000
HS FURNITURE AND FIXTURES - TEF 1	27,987	27,987	0
ES I BUILDING IMPROVEMENTS	953,243	422,643	530,600
MS LAND - TEF 2	497,717	0	497,717
HS LAND - TEF 1	20,000	0	20,000
HS LAND - TEF 1	1,082,617	0	1,082,617
MS BUILDING IMPROVEMENTS - TEF 2	193,092	80,660	112,432
UPA CASS & AMSTERDAM LAND - TEF 4	50,000	0	50,000
MS BUILDING - TEF 2	2,986,307	1,477,232	1,509,075
MS FURNITURE & FIXTURES - TEF 2	298,631	298,631	0
ES I FURNITURE AND FIXTURES	55,118	55,118	0
MS GYM BUILDING IMPROVEMENTS - TEF 2	1,685,473	747,466	938,007
UPSM HS BUILDING - TEF 7	914,844	355,780	559,064
UPSM HS LAND - TEF 7	1,046,849	0	1,046,849
LAND - TEF 7	3,900	0	3,900
LAND IMPROVEMENTS - TEF 4	144,825	55,541	89,284
BUILDING - TEF 4	291,706	111,888	179,818
BUILDING IMPROVEMENTS - TEF 4	9,599,812	3,681,979	5,917,833
OFFICE EQUIPMENT	315,718	315,718	0
BUILDING IMPROVEMENTS - TEF 2	444,682	151,552	293,130
BUILDING IMPROVEMENTS - TEF 5	14,499,899	5,189,597	9,310,302
OFFICE, FURNITURE, & FIXTURES - TEF 5	636,859	636,859	0
COMPUTER EQUIPMENT - TEF 5	234,714	234,714	0
SOFTWARE - TEF 5	7,560	7,560	0
OFFICE, FURNITURE, & FIXTURES - TEF 6	874,087	874,087	0
COMPUTER EQUIPMENT - TEF 6	13,293	13,293	0
BUILDING IMPROVEMENTS - TEF FRANKLIN	12,937,062	4,326,182	8,610,880
OFFICE, FURNITURE, & FIXTURES - TEF FRANKLIN	412,209	412,209	0
COMPUTER EQUIPMENT - TEF FRANKLIN	470,029	470,029	0
SOFTWARE - TEF FRANKLIN	48,983	48,983	0
OFFICE, FURNITURE, & FIXTURES - TEF 5	13,260	13,260	0
OFFICE, FURNITURE, & FIXTURES - TEF FRANKLIN	62,221	62,221	0
COMPUTER EQUIPMENT - TEF FRANKLIN	152,183	152,183	0
SOFTWARE - TEF FRANKLIN	71,082	71,082	0
LAND-TEF 3- HFA K5	146,668	0	146,668
BUILDING-TEF 3-HFA K5	555,843	160,929	394,914
BUILDING IMPROVEMENTS - TEF 3	8,295,072	2,401,670	5,893,402
OFFICE FURNITURE & FIXTURES- TEF 3	402,772	402,772	0
OFFICE FURNITURE & FIXTURES-TEF 5	6,200	6,200	0
OFFICE FURNITURE & FIXTURES- TEF FRANKLIN	6,200	6,200	0
COMPUTER EQUIPMENT - TEF 3	463,375	463,375	0
COMPUTER EQUIPMENT - TEF FRANKLIN	83,004	83,004	0
SOFTWARE - TEF 3	6,566	6,566	0
SOFTWARE - TEF FRANKLIN	8,000	8,000	0
LAND-TEF 8 - UPSM K5	120,000	0	120,000
BUILDING - TEF 8	482,362	127,287	355,075
BUILDING IMPROVEMENTS - TEF 3	762,674	214,301	548,373
BUILDING IMPROVEMENTS - TEF 8	11,978,694	3,161,044	8,817,650
OFFICE FURNITURE & FIXTURES- TEF 3	44,543	44,543	0
OFFICE FURNITURE & FIXTURES- TEF 8	538,836	538,836	0
OFFICE FURNITURE & FIXTURES- TEF FRANKLIN	9,790	9,790	0
COMPUTER EQUIPMENT - TEF 3	22,150	22,150	0
COMPUTER EQUIPMENT - TEF 8	275,841	275,841	0
COMPUTER EQUIPMENT - TEF FRANKLIN	157,158	157,158	0
SOFTWARE - TEF FRANKLIN	37,406	37,406	0
BUILDING IMPROVEMENTS - TEF 3	13,396	3,101	10,295
BUILDING IMPROVEMENTS - TEF 8	779,978	197,491	582,487
BUILDING IMPROVEMENTS - TEF 8	103,350	19,323	84,027
BUILDING IMPROVEMENTS - TEF 2	4,699,037	758,070	3,940,967
OFFICE EQUIPMENT/FURNITURE - TEF 2	396,627	368,297	28,330
COMPUTER EQUIPMENT - TEF 2	181,666	181,666	0
BUILDING - TEF 6	16,850,655	2,790,439	14,060,216
BUILDING IMPROVEMENTS - TEF 2	613,349	93,708	519,641
BUILDING IMPROVEMENTS - TEF 2	78,925	10,710	68,215
BUILDING IMPROVEMENTS - TEF 8	56,940	7,726	49,214
LAND IMPROVEMENTS - TEF 4	429,917	157,636	272,281
LAND IMPROVEMENTS - TEF 3	83,918	30,772	53,146
FF&E - TEF 3	16,562	13,013	3,549
BUILDING IMPROVEMENTS - TEF 2	81,289	9,639	71,650
BUILDING IMPROVEMENTS - TEF 3	84,802	9,330	75,472
LEASEHOLD IMPROVEMENTS-TEF6	844,414	103,749	740,665
FF&E - TEF 6	255,721	164,394	91,327
BUILDING IMPROVEMENTS - TEF FRANKLIN	231,935	1,735	230,200
LAND IMPROVEMENTS - TEF 3	232,841	7,761	225,080

- TIN:

TY 2023 LegalFeesSchedule

Name:

THOMPSON SCHOOLS FOUNDATION

EIN:

30-0107259

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	14,056	0		14,056

- TIN:

TY 2023 OtherAssetsSchedule

Name:

THOMPSON SCHOOLS FOUNDATION

EIN:

30-0107259

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
CONSTRUCTION IN PROGRESS	131,212	145,740	145,740
LOAN COSTS - TEF 2	40,874	8,172	8,172

- TIN:

TY 2023 OtherExpensesSchedule

Name:

THOMPSON SCHOOLS FOUNDATION

EIN:

30-0107259

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INSURANCE	28,506	7,127		21,379
MISCELLANEOUS	425	0		425

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

THOMPSON SCHOOLS FOUNDATION

EIN:

30-0107259

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER PROFESSIONAL FEES	4,530	0		4,530

- TIN:

TY 2023 TaxesSchedule

Name:

THOMPSON SCHOOLS FOUNDATION

EIN:

30-0107259

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PROPERTY TAXES	3,995	3,995		0