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
THE RILEY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)4518 POPLAR SPRINGS DRIVE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Meridian, MS39305

A Employer identification number

64-0707746

B Telephone number (see instructions)

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

$83,934,408J 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)
2	Check .............
3	Interest on savings and temporary cash investments	676,235		676,235
4	Dividends and interest from securities...	1,296,919		1,296,919
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		3,659,002
b	Gross sales price for all assets on line 6a 53,167,863
7	Capital gain net income (from Part IV, line 2)...			7,929,163
8	Net short-term capital gain.........				7,929,163
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	3,527
12	Total. Add lines 1 through 11........	5,635,683		9,902,317	7,929,163
13	Compensation of officers, directors, trustees, etc.	513,875		184,213		263,550
14	Other employee salaries and wages......	139,400				125,460
15	Pension plans, employee benefits.......	81,297				73,168
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	54,265	13,566		13,566
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	134,616
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	93,939
20	Occupancy..............	54,340		10,868		32,604
21	Travel, conferences, and meetings.......	11,966		1,197		8,975
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	122,233	7,881		96,379
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,205,931		217,725		613,702
25	Contributions, gifts, grants paid.......	6,525,469				2,962,863
26	Total expenses and disbursements. Add lines 24 and 25	7,731,400		217,725		3,576,565
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-2,095,717
b	Net investment income (if negative, enter -0-)			9,684,592
c	Adjusted net income (if negative, enter -0-)...				7,929,163

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.........	2,591,874	1,821,815	1,821,815
	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..........		11,008	11,008
	10a	Investments—U.S. and state government obligations (attach schedule)		List of Attached Documents: // Content 1,986,028	1,986,028
	b	Investments—corporate stock (attach schedule).......	57,933,076	List of Attached Documents: // Content 57,700,766	57,700,766
	c	Investments—corporate bonds (attach schedule).......	15,530,890	List of Attached Documents: // Content 18,601,450	18,601,450
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	185,315	List of Attached Documents: // Content 239,379	239,379
	14	Land, buildings, and equipment: basis 3,830,728
		Less: accumulated depreciation (attach schedule) 2,283,346	1,636,354	List of Attached Documents: // Content 1,547,382	3,525,000
	15	Other assets (describe )		48,962	List of Attached Documents: // Content 48,962
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	77,877,509	81,956,790	83,934,408
	17	Accounts payable and accrued expenses..........	7,215	7,261
	18	Grants payable.................	8,333,008	11,895,614
	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 )	201,212	List of Attached Documents: // Content 144,965
	23	Total liabilities (add lines 17 through 22).........	8,541,435	12,047,840
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	69,336,074	69,908,950
	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
	29	Total net assets or fund balances (see instructions).....	69,336,074	69,908,950
	30	Total liabilities and net assets/fund balances (see instructions).	77,877,509	81,956,790

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

69,336,074

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

-2,095,717

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

List of Attached Documents:

// Content

2,668,593

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

69,908,950

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 .

69,908,950

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
1 a	PUBLICLY TRADED SECURITIES	P
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	53,167,863	45,238,700	7,929,163
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			7,929,163
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	7,929,163
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	7,929,163

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	134,616
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	134,616
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	134,616
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	183,578
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	183,578
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	48,962
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax	Refunded	11	48,962

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

$ (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?.........

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

WWW.RILEYFOUNDATION.ORG

The books are in care of right arrow

BECKY G FARLEY Telephone no. right arrow

(601) 481-1430

Located at right arrow

4518 POPLAR SPRINGS DRMeridianMS ZIP+4 right arrow

39305

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)

(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-)	(d) Contributions to employee benefit plans and deferred compensation
LINDY R DEEN	DIRECTOR 5.00	22,000	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	22,000	0
MARTY DAVIDSON	CHAIRMAN CEO 20.00	189,625	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	CHAIRMAN CEO 20.00	189,625	0
MALCOLM PORTERA	VPSECRETARY 10.00	92,250	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	VPSECRETARY 10.00	92,250	0
BECKY G FARLEY	EXECUTIVE DIRECTOR 40.00	139,400	81,297
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	EXECUTIVE DIRECTOR 40.00	139,400	81,297
EDWIN DOWNER	DIRECTOR 5.00	22,500	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	22,500	0
TOMMY DULANEY	TREASURER 10.00	71,750	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	TREASURER 10.00	71,750	0
MANNY MITCHELL	DIRECTOR 5.00	23,250	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	23,250	0
CHRISTINE RILEY	DIRECTOR 5.00	22,000	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	22,000	0
GAIL W RILEY	DIRECTOR 5.00	21,000	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	21,000	0
RICHARD F RILEY Jr	DIRECTOR 5.00	22,000	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	22,000	0
WAYNE HENSON	DIRECTOR 5.00	22,500	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	22,500	0
MARY A RILEY	DIRECTOR 5.00	5,000	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	5,000	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...................

75,221,887

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

1,232,395

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

267,107

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

76,721,389

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

76,721,389

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

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

1,150,821

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

75,570,568

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

3,778,528

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

3,778,528

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

134,616

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

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

134,616

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

3,643,912

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

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

3,643,912

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

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

3,643,912

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 ..........

3,576,565

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. .......

3,576,565

Form 990-PF (2023)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2023
1 Distributable amount for 2023 from Part X, line 7			3,643,912
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......
b Total for prior years:20 , 20, 20
3 Excess distributions carryover, if any, to 2022:
a From 2018......	803,119
b From 2019......	415,813
c From 2020......
d From 2021......
e From 2022......	734,998
f Total of lines 3a through e ........		1,953,930
4Qualifying distributions for 2023 from Part
XI, line 4: $ 3,576,565
a Applied to 2022, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2023 distributable amount.....			3,576,565
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2023.		67,347	67,347
(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		1,886,583
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 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............
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) .......
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		735,772
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		1,150,811
10 Analysis of line 9:
a Excess from 2019....	415,813
b Excess from 2020....
c Excess from 2021....
d Excess from 2022....	734,998
e Excess from 2023....

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).)

NONE

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.

NONE

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 e-mail address of the person to whom applications should be addressed:

BECKY G FARLEY
4518 POPLAR SPRINGS DR
Meridian,MS39305
(601) 481-1430
INFO@RILEYFOUNDATION.ORG

bThe form in which applications should be submitted and information and materials they should include:

APPLICATIONS ARE ONLY AVAILABLE ONLINE AND MUST BE SUBMITTED THROUGH THE FOUNDATIONS WEBSITE - WWW.RILEYFOUNDATION.ORG

cAny submission deadlines:

REFER TO WEBSITE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

THE FOUNDATIONS PRIMARY FOCUS IS HEALTHCARE,EDUCATION,CULTURAL,ENVIRONMENTAL & ECONOMIC CONDITIONS FOR THE PEOPLE OF MERIDIAN AND LAUDERDALE COUNTY MISSISSIPPI.

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
BOY SCOUTS OF AMERICA 4818 NORTH PARK DR Meridian,MS39305			SUMMER WORK PROGRAM	4,000
CARE LODGE DOMESTIC VIOLENCE 1627 23RD AVE Meridian,MS39301			OPERATING EXPENSES	25,000
FREE CLINIC OF MERIDIAN 4707 POPLAR SPRINGS DR Meridian,MS39305			SUMMER WORK PROGRAMOPERATING	14,000
LOVE INC 801 18TH AVE Meridian,MS39301			OPERATING EXPENSES	10,000
MERIDIAN ART ASSOCIATION 628 25TH AVE Meridian,MS39301			SUMMER WORK PROGRAMOPERATING	14,000
MS METHODIST SENIOR SERVICES 6600 POPLAR SPRINGS DR Meridian,MS39305			SUMMER WORK PROGRAM	4,000
COMMUNITY FOUNDATION OF EAST MS 4817 NORTH PARK DRIVE Meridian,MS39305			SUMMER WORK PROGRAM	4,000
MCC FOUNDATION 910 HWY 19N Meridian,MS39307			SUMMER WORK PROGRAM	4,000
MERIDIAN SYMPHONY ASSOCIATION 2102 5TH STREET Meridian,MS39301			SUMMER WORK PROGRAMCONCERT SERIES	54,000
MS STATE UNIVERSITY FOUNDATION PO BOX 6149 Mississippi State,MS39762			PROGRAMSSCHOLARSHIPSSUMMER WORKPERFORMING ARTS	1,820,048
MULTI-COUNTY COMMUNITY SERVICE 2906 ST PAUL ST Meridian,MS39301			HOMELESS OUTREACH	50,000
MS JR MISS PROGRAM PO BOX 582 Meridian,MS39302			SUMMER WORK PROGRAM	4,000
MS ARTS ENTERTAINMENT 2155 FRONT STREET Meridian,MS39301			EXHIBITSSUMMER WORK PROGRAM	504,000
MISSISSIPPI CHILDRENS MUSEUM 403 22ND AVE Meridian,MS39301			CONSTRUCTIONEXHIBITSSUMMER WORK PROGRAM	404,000
STATE GAMES OF MISSISSIPPI 5201 14TH ST Meridian,MS39301			SUMMER WORK PROGRAM	4,000
EXPONENT PHILANTHROPY 1720 N Street NW Washington,DC20036			OPERATING SUPPORT	815
CITY OF MERIDIAN HOUSING AUTHORITY 2425 E STREET Meridian,MS39301			SUMMER WORK PROGRAM	4,000
THE JIMMIE RODGERS FOUNDATION 1200 22ND AVE Meridian,MS39301			FESTIVAL SUPPORT	14,000
UNITED WAY OF EAST MS 4817 NORTH PARK DRIVE - SUITE B Meridian,MS39301			SUMMER WORK PROGRAM	4,000
HOPE VILLAGE FOR CHILDREN PO BOX 26 Meridian,MS39302			SUMMER WORK PROGRAM	4,000
MERIDIAN LITTLE THEATRE PO BOX 3157 Meridian,MS39303			SUMMER WORK PROGRAM	4,000
MERIDIAN RESTORATIONS FOUNDATION 905 MLK MEMORIAL DR Meridian,MS39301			SUMMER WORK PROGRAM	4,000
MERIDIAN INDUSTRIAL HERITAGE MUSEUM PO BOX 5031 Meridian,MS39302			SUMMER WORK PROGRAM	4,000
Total ................................. 3a				2,957,863

bApproved for future payment
FREE CLINIC OF MERIDIAN 4707 POPLAR SPRINGS DR Meridian,MS39305	OPERATING	5,000
LOVE INC 801 18TH AVE Meridian,MS39301	OPERATING EXPENSES	5,000
MERIDIAN SYMPHONY ASSOCIATION 2102 5TH STREET Meridian,MS39301	CONCERT SERIES	25,000
MS STATE UNIVERSITY FOUNDATION PO BOX 6149 Meridian,MS39302	HEALTH PROGRAMSPERFORMING ARTS CENTER MAINTENANCE	9,410,755
MS ARTS ENTERTAINMENT 2155 FRONT STREET Meridian,MS39301	EXHIBITS	500,000
MISSISSIPPI CHILDRENS MUSEUM 403 22ND AVE Meridian,MS39301	CONSTRUCTIONEXHIBITSSUMMER WORK PROGRAM	2,400,000
Total ................................. 3b		12,345,755

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	676,235
4 Dividends and interest from securities ....			14	1,296,919
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	3,659,002
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) ..				5,632,156

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

5,632,156

(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.)

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:

THE RILEY FOUNDATION

EIN:

64-0707746

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING AUDITING & 990	54,265	13,566	0	13,566

- TIN:

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

TY 2023 DepreciationSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
LAND	2000-06-18	203,313	0	NDA		0
BUILDING	2000-06-18	3,066,860	1,725,111	SL	40	76,671
ADDITIONAL COMPLETION	2001-06-14	13,858	7,440	SL	40	346
DOUBLE GATE	2013-09-01	8,248	5,133	SL	15	550
HAVAC SYSTEM	2014-02-28	47,500	20,188	SL	20	2,375
BINDING SYSTEM	1999-08-02	300	300	SL	5	0
OFFICE SHREDDER	2006-05-17	460	460	SL	5	0
SERVERBEVERLY	2010-08-03	6,892	6,892	SL	5	0
HVAC REPAIRS CASSETTS	2011-03-15	22,075	22,075	SL	10	0
EXERCISE EQUIPMENT	2012-10-09	3,554	3,554	SL	10	0
WORKSTATION HP	2013-02-27	2,276	2,276	SL	5	0
GIFTS SOFTWARE PROGRAM	2014-02-26	5,885	5,885	SL	5	0
PHONE SYSTEM	2015-06-18	11,304	11,304	SL	5	0
SMOKE DETECTORS	2015-06-18	2,478	2,478	SL	5	0
CAMERA SYSTEM	2015-06-18	3,488	3,488	SL	5	0
ACCESS CONTROL	2015-06-18	3,294	3,294	SL	5	0
BURGLAR ALARM SYSTEM	2015-06-18	3,923	3,923	SL	5	0
COMPUTER BOB	2015-10-30	2,129	2,129	SL	5	0
LAPTOP BOB	2015-10-30	2,534	2,534	SL	5	0
COMPUTER BECKY	2015-10-30	8,399	8,399	SL	5	0
CANON COLOR PRINTERS	2016-05-10	2,100	2,100	SL	5	0
CAMERAS SECURITY	2016-09-19	5,238	5,238	SL	5	0
CAMERAS AND MONITORS	2018-02-13	2,987	2,687	SL	5	300
CAMERAS AND SENSORS	2018-02-28	1,129	1,017	SL	5	112
COPIER	2019-07-16	10,589	7,413	SL	5	2,118
HDTVSOUND	2019-10-22	2,394	1,676	SL	5	479
PAINTING PINES	1999-09-07	800	800	SL	10	0
FURNISHINGS	2000-06-17	259,815	259,815	SL	10	0
MUGSCOASTERS	2000-06-17	671	671	SL	5	0
BOOKSHELVES W RILEY	2000-10-23	5,003	5,003	SL	10	0
FURNISHINGS	2002-11-08	6,175	6,175	SL	10	0
SIDE CHAIRS BECKY	2002-12-26	1,400	1,400	SL	10	0
DESK CHAIR BECKY	2005-06-15	1,176	1,176	SL	10	0
FURNISHINGS	2005-08-24	5,385	5,385	SL	10	0
PAINTINGS BOARD ROOM	2011-01-19	10,000	10,000	SL	10	0
CARPET	2011-08-16	6,033	6,033	SL	10	0
TABLES BOARD ROOM	2011-09-13	3,895	3,895	SL	10	0
FRAMED PHOTOS	2012-03-20	1,867	1,867	SL	10	0
DISHWASHER	2012-05-07	1,163	1,163	SL	10	0
BOARD ROOM CHAIRS	2015-03-15	13,045	10,106	SL	10	1,304
REFRIGERATOR	2016-10-20	2,405	1,560	SL	10	240
FIRE ALARM SYSTEM	2018-06-20	8,266	3,721	SL	10	827
SECURITY SYSTEM	2018-06-20	8,470	3,811	SL	10	847
TV CABINETBOARD ROOM	2019-10-22	6,420	2,247	SL	10	642
SOUNDVIDEO CONFERENCE SYSTEM	2020-03-04	15,803	3,950	SL	10	1,580
SOUNDVIDEO CONFERENCE SYSTEM PART II	2020-06-15	7,941	1,985	SL	10	794
REPLACE32PENDENT SPRINKLERS IN PARKING	2021-11-15	13,054	735	SL	20	3,503
HP WORKSTATION BECKY	2021-08-31	1,334	367	SL	5	267
SECURITY CAMERAS	2021-12-08	2,433	548	SL	5	487
SECURITY SYSTEM UPGRADES	2023-07-03	4,967	0	SL	5	497

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AMERICAN INTL GROUP 460,000	513,123	513,123
ASSURED GUARANTY 115,000	103,779	103,779
WELLS FARGO & CO FXD 300,000	0	0
BANK OF AMERICA 510,000	507,506	507,506
GOLDMAN SACHS GROUP 600,000	598,230	598,230
BRUNSWICK CORP 400	9,498	9,498
COBANK ACB 300,000	290,819	290,819
ENBRIDGE INC 500,000	460,987	460,987
ENTERPRISE PRODS 300,000	289,088	289,088
GENERAL MOTORS FINAN 500,000	495,703	495,703
JP MORGAN CHASE 200,000	193,086	193,086
JP MORGAN CHASE 330,000	331,617	331,617
KINROSS GOLD 375,000	401,239	401,239
CELANESE US HOLDINGS 750,000	0	0
VOYA FINANCIAL 50,000	41,332	41,332
WELLS FARGO 455,000	452,411	452,411
BANK OF NOVA SCOTIA 230,000	209,918	209,918
CHARLES SCHWAB 450,000	357,077	357,077
GENERAL ELECTRIC 550,000	0	0
JP MORGAN 350,000	337,901	337,901
KINROSS GOLD 300,000	0	0
VOYA 150,000	123,997	123,997
REINSURANCE GRP 325,000	283,199	283,199
REINSURANCE GRP 150,000	130,707	130,707
REINSURANCE GRP 250,000	217,845	217,845
REINSURANCE GRP 150,000	130,707	130,707
ASSURED GUARANTY 470,000	424,142	424,142
ASSURED GUARANTY 128,000	115,511	115,511
BRUNSWICK CORP 2,400	56,988	56,988
BRUNSWICK CORP 400	9,498	9,498
BRUNSWICK CORP 800	18,996	18,996
BRUNSWICK CORP 1,900	45,116	45,116
BRUNSWICK CORP 2,600	61,737	61,737
BANK OF NOVA SCOTIA 189,000	172,497	172,497
BANK OF NOVA SCOTIA 51,000	46,547	46,547
BANK OF NOVA SCOTIA 180,000	164,283	164,283
BANK OF NOVA SCOTIA 200,000	182,537	182,537
CHARLES SCHWAB 450,000	357,077	357,077
WESTERN UNION 240,000	249,612	249,612
WESTERN UNION 10,000	10,401	10,401
ARCELORMITTAL SA 200,000	216,460	216,460
ARCELORMITTAL SA 200,000	216,460	216,460
ORACLE 700,000	0	0
KRAFT HEINZ 500,000	480,533	480,533
PROSPECT CAPITAL 600,000	0	0
CONSTELLATION BRANDS 500,000	481,885	481,885
VMWARE INC 750,000	0	0
HASBRO 500,000	471,853	471,853
OMEGA HEALTHCARE 450,000	363,353	363,353
MONSANTO CO 100,000	88,504	88,504
SOUTHERN CO 500,000	477,675	477,675
ENTERPRISE PRODS 300,000	0	0
BOOZ ALLEN HAMILTON 200,000 SH	189,251	189,251
HUNTSMAN INTL 300,000 SH	290,192	290,192
GENERAL MOTORS 250,000 SH	254,625	254,625
MICRON TECHNOLOGY 400,000 SH	432,580	432,580
EXPEDIA GROUP 250,000 SH	228,988	228,988
HF SINCLAIR CORP 250,000 SH	234,665	234,665
HF SINCLAIR CORP 34,000 SH	31,914	31,914
BROADCOM INC 200,000 SH	191,287	191,287
VALERO ENERGY 50,000 SH	57,796	57,796
VALERO ENERGY 100,000 SH	115,591	115,591
VALERO ENERGY 50,000 SH	115,591	115,591
BROADCOM INC 250,000 SH	239,780	239,780
BROADCOM INC 100,000 SH	95,912	95,912
GE HEALTHCARE TECH 260,000 SH	277,551	277,551
HP INC 250,000 SH	256,965	256,965
HP INC 150,000 SH	154,179	154,179
DELL INTL 260,000 SH	273,718	273,718
CONSTELLATION ENRGY 380,000 SH	400,805	400,805
PHILLIPS 66 CO 195,000 SH	200,785	200,785
PHILLIPS 66 CO 175,000 SH	180,191	180,191
LOWES COS 200,000 SH	205,518	205,518
LOWES COS 175,000 SH	179,828	179,828
DOLLAR GENERAL 350,000 SH	357,047	357,047
CF INDUSTRIES 350,000 SH	347,552	347,552
CF INDUSTRIES 100,000 SH	99,301	99,301
AT&T INC 450,000 SH	427,163	427,163
ORACLE 450,000 SH	401,263	401,263
CVS HEALTH CORP 300,000 SH	284,397	284,397
CVS HEALTH CORP 205,000 SH	194,338	194,338
DOW CHEMICAL 200,000 SH	279,351	279,351
DOW CHEMICAL 21,000 SH	29,332	29,332
ABBVIE INC 400,000 SH	382,560	382,560

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AMAZON COM INC 1506 SH	228,822	228,822
APPLE INC 37514 SH	7,222,570	7,222,570
ABBVIE 1885 SH	0	0
AMGEN INC 1141 SH	0	0
COCA COLA COMPANY 4665 SH	0	0
AT&T 4716 SH	0	0
ELI LILLY & CO 11022 SH	0	0
BERSHIRE HATHAWAY INC 537 SH	0	0
GENUINE PARTS CO 17216 SH	0	0
JOHNSON & JOHNSON 17226 SH	0	0
KEURIG DR PEPPER 49485 SH	0	0
LOCKHEED MARTIN 1025 SH	0	0
BIOGEN INC 1079 SH	0	0
MERCK & CO 20602 SH	0	0
MICROSOFT 1261 SH	474,186	474,186
MONDELEZ INTL 20037 SH	0	0
NEOGEN CORP 57362 SH	0	0
BRISTOL MYERS SQUIBB 9141 SH	0	0
CAMPBELL SOUP COMPANY 17715	0	0
NORFOLK SOUTHERN 13674 SH	0	0
NVIDIA CORP 2431 SH	1,203,880	1,203,880
CHEVRON CORPORATION 7150 SH	0	0
DOLLAR TREE 1806	0	0
YUM BRANDS 6849 SH	0	0
ARCH CAP GROUP 22775 SH	541,931	541,931
FIRST REPUBLIC BANK 34000 SH	0	0
DOW INC 9552 SH	0	0
HALLIBURTON COMPANY 13244 SH	0	0
EXXON MOBIL 14322 SH	0	0
HUNTINGTON INGALLS 3026 SH	0	0
KRAFT HEINZ 2599 SH	0	0
KROGER 3587 SH	0	0
MCKESSON CORP 3296 SH	0	0
NORTHROP GRUMMAN 3937 SH	0	0
NUCOR CORP 1232 SH	0	0
MARATHON OIL CORP 69771 SH	0	0
META 1889 SH	668,631	668,631
OCCIDENTAL PETE 12105 SH	0	0
RAYTHEON 965 SH	0	0
T-MOBILE 8463 SH	0	0
TRAVELERS 3189 SH	0	0
VANGUARD INDEX FD 2771077	1,219,246	1,219,246
VANGUARD INDEX FD 2064822	908,501	908,501
VANGUARD INDEX FD 5530103	2,433,190	2,433,190
VANGUARD INDEX FD 3038169	1,336,764	1,336,764
VANGUARD INDEX FD 10123326	4,454,162	4,454,162
VANGUARD INDEX FD 9304975	4,094,096	4,094,096
VANGUARD INDEX FD 7247335	3,188,755	3,188,755
VANGUARD INDEX FD 8188282	3,602,762	3,602,762
VANGUARD INDEX FD 6029908	2,653,099	2,653,099
VANGUARD INDEX FD 4691840	2,064,363	2,064,363
VANGUARD INDEX FD 10093388	4,440,990	4,440,990
VANGUARD INDEX FD 2715140	1,194,634	1,194,634
VANGUARD INDEX FD 9115089	4,010,548	4,010,548
VANGUARD INDEX FD 12688310	5,582,730	5,582,730
VANGUARD INDEX FD 14038741	6,176,906	6,176,906

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

US Government Securities - End of Year Book Value:

US Government Securities - End of Year Fair Market Value:

State & Local Government Securities - End of Year Book Value:

1,741,023

State & Local Government Securities - End of Year Fair Market Value:

1,741,023

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ACCRUED INTEREST		239,379	239,379

- TIN:

TY 2023 LandEtcSchedule2

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
LAND	203,313	0	203,313	200,000
BUILDING & ADDITIONS	3,149,520	1,836,924	1,312,596	3,100,000
OFFICE EQUIPMENT	135,906	117,732	18,174	25,000
FURNISHINGS	341,989	328,690	13,299	200,000

- TIN:

TY 2023 OtherAssetsSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
EXCISE TAX OVERPAYMENT	0	48,962	48,962

- TIN:

TY 2023 OtherExpensesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
INSURANCE	28,534	7,133	7,134
OFFICE EXPENSES	16,881	0	15,196
DUES & SUBS	5,434	0	5,434
POSTAGE	602	0	541
TELEPHONE	6,732	673	5,049
PROGRAM EXPENSES	62,950	0	62,950
BANK FEES	300	75	75
LEGAL	800	0	0

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
DEFERRED EXCISE TAX ADJUSTMENT	3,527	0	0

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description	Amount
UNREALIZED GAINS	2,668,593

- TIN:

TY 2023 OtherLiabilitiesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description	Beginning of Year - Book Value	End of Year - Book Value
DEFERRED TAXES	148,492	144,965
EXCISE TAX DUE	52,720	0

- TIN:

TY 2023 TaxesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXCISE TAXES	134,616	0	0	0