Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo 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
EDWARDS EC FBO LEIPSIC METHODIST
 
Number and street (or P.O. box number if mail is not delivered to street address)4900 TIEDEMAN ROAD OH-01-49-0381
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BROOKLYN, OH44144
A Employer identification number

34-6503030
B Telephone number (see instructions)

(419) 259-4736
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$17,745,829J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 269,617 268,805  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 780,883
b Gross sales price for all assets on line 6a 5,953,014
7 Capital gain net income (from Part IV, line 2)... 780,883
8 Net short-term capital gain......... 0
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)....... Click to see attachment
List of Attached Documents:
// Content
2,918,349 2,134,449  
12 Total. Add lines 1 through 11........ 3,968,849 3,184,137  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 99,085 74,314   24,771
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,050 0 0 1,050
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
183,749 3,520   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,439,865 1,439,635   230
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,723,749 1,517,469 0 26,051
25 Contributions, gifts, grants paid....... 1,919,881 1,919,881
26 Total expenses and disbursements. Add lines 24 and 25 3,643,630 1,517,469 0 1,945,932
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 325,219
b Net investment income (if negative, enter -0-) 1,666,668
c Adjusted net income (if negative, enter -0-)... 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 Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 742,466 415,905 415,905
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow0      
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 right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 12,279,956 Click to see attachment
List of Attached Documents:
// Content
12,948,543 		17,329,924
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,022,422 13,364,448 17,745,829
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 13,022,422 13,364,448
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)..... 13,022,422 13,364,448
30 Total liabilities and net assets/fund balances (see instructions). 13,022,422 13,364,448
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
13,022,422
2
Enter amount from Part I, line 27a .....................
2
325,219
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
17,892
4
Add lines 1, 2, and 3 ..........................
4
13,365,533
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,085
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
13,364,448
Form 990-PF (2023)
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.)
1 a 425. ALLSTATE CORP COM   2022-06-28 2023-06-21
b 800. BIOMARIN PHARMACEUTICAL INC   2022-01-11 2023-07-12
c 240. CUMMINS INC   2021-06-01 2023-06-21
d 260. WALT DISNEY CO   2022-06-28 2023-06-21
e 650. WALT DISNEY CO     2023-06-21
100. DOLLAR GENERAL CORP   2022-07-01 2023-06-21
282. DOLLAR GENERAL CORP   2022-01-11 2023-06-21
60223.23 DOUBLELINE TOTAL RETURN BOND FD $0.557     2023-12-18
2589.88 GUGGENHEIM TOTAL RETURN BOND FUND $1.062   2021-06-01 2023-01-13
2110.6 GUGGENHEIM TOTAL RETURN BOND FUND $1.062   2021-06-01 2023-03-29
4217.63 GUGGENHEIM TOTAL RETURN BOND FUND $1.062   2021-06-01 2023-04-19
12.57 GUGGENHEIM TOTAL RETURN BOND FUND $1.062   2023-05-10 2023-05-10
11568.9 GUGGENHEIM TOTAL RETURN BOND FUND $1.062   2021-06-01 2023-05-10
600. INTEL CORP   1994-09-13 2023-07-12
6000. ISHARES MSCI EAFE INDEX FUND CLOSED-END FUND     2023-12-08
3850. ISHARES RUSSELL MIDCAP INDEX FD $3.23000     2023-07-12
4150. ISHARES RUSSELL MIDCAP INDEX FD $3.23000   2010-05-05 2023-09-13
1025. ISHARES RUSSELL 1000 VALUE INDEX$2.40900   2013-05-10 2023-04-19
1000. ISHARES RUSSELL 1000 VALUE INDEX$2.40900   2013-05-10 2023-05-31
1425. ISHARES RUSSELL 1000 GRW INDEX $1.54300   2013-01-04 2023-02-09
725. ISHARES RUSSELL 1000 GRW INDEX $1.54300   2013-01-04 2023-04-19
700. ISHARES RUSSELL 1000 GRW INDEX $1.54300   2013-01-04 2023-08-02
450. ISHARES S&P SMALLCAP 600 INDEX CLOSED-END FUND   2017-03-17 2023-06-21
540. ISHARES S&P SMALLCAP 600 INDEX CLOSED-END FUND   2017-03-17 2023-07-12
6816.32 METROPOLITAN WEST T/R BOND FD $0.263   2015-01-30 2023-01-13
10810.81 METROPOLITAN WEST T/R BOND FD $0.263   2015-01-30 2023-02-09
36254.44 METROPOLITAN WEST T/R BOND FD $0.263     2023-03-08
3300. NEUBERGER BERMAN EMERG MKTS EQTY OPEN-END FUND INSTL CL   2013-05-10 2023-04-19
6789.18 PIMCO MORTAGE OPP & BOND FD INST   2021-06-01 2023-01-13
5313.5 PIMCO MORTAGE OPP & BOND FD INST   2021-06-01 2023-03-29
10660.98 PIMCO MORTAGE OPP & BOND FD INST   2021-06-01 2023-04-19
31019.4 PIMCO MORTAGE OPP & BOND FD INST   2021-06-01 2023-05-10
4078.93 T ROWE PRICE EMERGING MKTS STK $0.240     2023-12-08
1600. VANGUARD FTSE DEV MKTS ETF $1.11400   2023-07-12 2023-12-08
5200. VANGUARD FTSE DEV MKTS ETF $1.11400     2023-12-20
1244.09 VANGUARD LONG-TERM TREASURY FUND $0.342   2021-06-01 2023-01-13
8537.9 VANGUARD LONG-TERM TREASURY FUND $0.342   2021-06-01 2023-02-09
1350. VANGUARD FTSE EMERGING MKTS ETF $1.05000   2023-07-12 2023-12-08
3700. VANGUARD FTSE EMERGING MKTS ETF $1.05000     2023-12-20
.33 VERALTO CORP   2018-11-06 2023-10-02
133. VERALTO CORP   2018-11-06 2023-10-20
2750. WELLS FARGO & COMPANY   2021-06-01 2023-06-21
218. WEST PHARMACEUTICAL SERVICES INC   2022-01-11 2023-06-08
4920.86 WESTERN ASSET CORE PLUS BOND $0.372   2021-06-01 2023-01-13
10341.26 WESTERN ASSET CORE PLUS BOND $0.372   2021-06-01 2023-02-09
66.66 WESTERN ASSET CORE PLUS BOND $0.372   2022-11-16 2023-02-15
23575.29 WESTERN ASSET CORE PLUS BOND $0.372   2021-06-01 2023-02-15
500. ZOETIS INC     2023-06-08
(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 45,583   54,091 -8,508
b 67,734   70,902 -3,168
c 56,130   62,660 -6,530
d 23,039   25,490 -2,451
e 57,597   22,033 35,564
16,682   24,420 -7,738
47,044   64,656 -17,612
529,964   540,600 -10,636
62,105   74,381 -12,276
50,000   60,616 -10,616
100,000   121,130 -21,130
300   300  
275,803   332,259 -56,456
19,970   2,456 17,514
437,196   333,654 103,542
288,324   102,044 186,280
298,244   93,938 204,306
158,782   86,069 72,713
148,696   83,970 64,726
341,879   95,787 246,092
177,778   48,734 129,044
195,221   47,053 148,168
44,302   31,367 12,935
55,072   37,641 17,431
63,596   75,558 -11,962
100,000   119,837 -19,837
325,202   398,978 -73,776
57,057   56,661 396
64,565   74,274 -9,709
50,000   58,087 -8,087
100,000   116,494 -16,494
292,823   338,952 -46,129
135,910   120,109 15,801
73,751   74,894 -1,143
245,048   241,454 3,594
11,607   14,966 -3,359
78,207   102,711 -24,504
54,087   56,345 -2,258
148,128   153,016 -4,888
25   12 13
9,258   4,743 4,515
114,660   129,746 -15,086
75,784   87,284 -11,500
48,126   59,640 -11,514
100,000   125,288 -25,288
636   627 9
224,908   285,554 -60,646
82,191   60,650 21,541
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -8,508
b       -3,168
c       -6,530
d       -2,451
e       35,564
      -7,738
      -17,612
      -10,636
      -12,276
      -10,616
      -21,130
       
      -56,456
      17,514
      103,542
      186,280
      204,306
      72,713
      64,726
      246,092
      129,044
      148,168
      12,935
      17,431
      -11,962
      -19,837
      -73,776
      396
      -9,709
      -8,087
      -16,494
      -46,129
      15,801
      -1,143
      3,594
      -3,359
      -24,504
      -2,258
      -4,888
      13
      4,515
      -15,086
      -11,500
      -11,514
      -25,288
      9
      -60,646
      21,541
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 780,883
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
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 right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 23,167
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 23,167
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 23,167
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 28,130
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 28,130
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.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 4,963
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow4,963 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowOH
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrow  
14
The books are in care ofright arrowKEYBANK NA Telephone no.right arrow (216) 813-4548

Located atright arrow4900 TIEDEMAN RD OH-01-49-0381BROOKLYNOH ZIP+4right arrow44144
15
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
15
 
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)
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
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 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.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
KEYBANK N A TRUSTEE
1 		99,085    
P O BOX 10099
TOLEDO,OH436990099
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...................right arrow 0
Form 990-PF (2023)
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 arrow0
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)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
17,627,237
b
Average of monthly cash balances.......................
1b
-18,903
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
17,608,334
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
17,608,334
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
264,125
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
17,344,209
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
867,210
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
867,210
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
23,167
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
23,167
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
844,043
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
844,043
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
844,043
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,945,932
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,945,932
Form 990-PF (2023)
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 7 844,043
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...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 0
e From 2022...... 375,659
f Total of lines 3a through e ........ 375,659
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,945,932
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..... 844,043
e Remaining amount distributed out of corpus 1,101,889
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 1,477,548
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) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,477,548
10 Analysis of line 9:
a Excess from 2019.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
d Excess from 2022.... 375,659
e Excess from 2023.... 1,101,889
Form 990-PF (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 or
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
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
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)
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)
aPaid during the year

LEIPSIC UNITED METHODIST CHURCH

P O BOX 126
LEIPSIC,OH45856 		NONE PC GENERAL OPERATING 1,919,881
Total .................................right arrow 3a 1,919,881
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
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
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 269,617  
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 ............ 		    18 780,883  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFEDERAL TAX REFUND 		      6,052  
bPARTNERSHIP INCOME 900099 777,848 1 2,134,449  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 777,848 3,191,001  
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,968,849
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
EDWARDS EC FBO LEIPSIC METHODIST
EIN:
34-6503030
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,050     1,050

TY 2023 InvestmentsOtherSchedule2
Name:
EDWARDS EC FBO LEIPSIC METHODIST
EIN:
34-6503030
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
00724F101 ADOBE INC AT COST 54,250 134,235
02079K107 ALPHABET INC AT COST 12,432 126,837
023135106 AMAZON COM INC AT COST 200,311 312,996
03027X100 AMERICAN TOWER CORP      
060505104 BANK OF AMERICA CORP AT COST 84,765 101,010
22160K105 COSTCO WHOLESALE COR AT COST 47,333 132,016
235851102 DANAHER CORP DEL AT COST 36,018 92,536
254687106 WALT DISNEY CO      
437076102 HOME DEPOT INC AT COST 10,524 164,611
438516106 HONEYWELL INTERNATIO AT COST 18,806 41,942
458140100 INTEL CORP      
464287465 ISHARES MSCI EAFE IN      
464287499 ISHARES RUSSELL MIDC      
464287804 ISHARES CORE S&P SMA AT COST 242,132 520,683
57060D108 MARKETAXESS HOLDINGS      
609207105 MONDELEZ INTERNATION      
654106103 NIKE INC      
67066G104 NVIDIA CORP AT COST 148,949 495,220
693475105 PNC FINANCIAL SERVIC      
701094104 PARKER HANNIFIN CORP      
717081103 PFIZER INC      
742718109 PROCTER & GAMBLE CO AT COST 45,655 73,270
998700926 BUCKEYE STAVE COCLOS AT COST   41,811
23331A109 D R HORTON INC      
65339F101 NEXTERA ENERGY INC      
72201U638 PIMCO MORTAGE OPP &      
98419M100 XYLEM INC      
957663503 WESTERN ASSET CORE P      
98978V103 ZOETIS INC      
40168W525 GUGGENHEIM TOTAL RET      
464287614 ISHARES RUSSELL 1000      
037833100 APPLE INC AT COST 74,987 466,885
46187W107 INVITATION HOMES INC      
46625H100 JP MORGAN CHASE & CO AT COST 63,729 170,100
169656105 CHIPOTLE MEXICAN GRI      
9983171C5 CL&F RESOURCESLIMITE AT COST 6,099,540 7,087,961
776696106 ROPER TECHNOLOGIES I AT COST 71,325 109,034
922031786 VANGUARD LONG-TERM T      
998700967 CONTINENTAL LAND & F AT COST   329,428
11135F101 BROADCOM INC AT COST 145,633 334,875
29788T103 E2OPEN PARENT HOLDIN      
57636Q104 MASTERCARD INC AT COST 38,347 170,604
77956H864 T ROWE PRICE EMERGIN      
592905509 METROPOLITAN WEST T/      
91324P102 UNITEDHEALTH GROUP I AT COST 134,085 163,206
09857L108 BOOKING HOLDINGS INC      
594918104 MICROSOFT CORP AT COST 3,309 451,248
02079K305 ALPHABET INC AT COST 48,094 167,628
64110L106 NETFLIX.COM INC      
641224415 NEUBERGER BERMAN EME      
38246G108 GOODRX HOLDINGS INC      
949746101 WELLS FARGO CO      
883556102 THERMO FISHER SCIENT      
03076C106 AMERIPRISE FINANCIAL      
74144T108 T ROWE PRICE GROUP I AT COST 14,692 26,923
79466L302 SALESFORCE.COM INC      
75513E101 RAYTHEON TECHNOLOGIE AT COST 29,999 50,484
61768DJH9 MORGAN STANLEY FINAN      
231021106 CUMMINS INC      
032095101 AMPHENOL CORP AT COST 70,008 99,130
464287598 ISHARES RUSSELL 1000      
957663669 WESTERN ASSET CORE P      
46137V357 INVESCO S&P 500 EQUA AT COST 277,652 299,820
09061G101 BIOMARIN PHARMACEUTI      
020002101 ALLSTATE CORP      
955306105 WEST PHARMACEUTICAL      
256677105 DOLLAR GENERAL CORP      
78409V104 S&P GLOBAL INC AT COST 33,535 44,052
057071805 BAIRD INTERMEDIATE B AT COST 1,875,000 1,896,531
09260B747 BLACKROCK FLOATING R AT COST 136,000 138,004
21036PBK3 CONSTELLATION BRANDS AT COST 247,265 247,850
464287200 ISHARES CORE S&P 500 AT COST 374,035 446,584
464287507 ISHARES CORE S&P MID AT COST 477,730 507,185
46432F842 ISHARES CORE MSCI EA AT COST 691,814 710,535
46434G103 ISHARES CORE MSCI EM AT COST 320,950 330,035
83370BGY3 SOCIETE GENERALE AT COST 200,000 197,180
921943858 VANGUARD FTSE DEV MK AT COST 227,080 249,080
922042858 VANGUARD FTSE EMERGI AT COST 147,369 152,070
92343VDY7 VERIZON COMMUNICATIO AT COST 245,190 246,325

TY 2023 OtherDecreasesSchedule
Name:
EDWARDS EC FBO LEIPSIC METHODIST
EIN:
34-6503030
Description Amount
PY RETURN OF CAPITAL ADJ 279
ROC ADJUSTMENT ON CY SALES 806


TY 2023 OtherExpensesSchedule
Name:
EDWARDS EC FBO LEIPSIC METHODIST
EIN:
34-6503030
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COURT COSTS 30 0   30
STATE FILING FEE 200 0   200
PARTNERSHIP EXPENSES 1,439,635 1,439,635   0


TY 2023 OtherIncomeSchedule2
Name:
EDWARDS EC FBO LEIPSIC METHODIST
EIN:
34-6503030
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FEDERAL TAX REFUND 6,052 0  
PARTNERSHIP INCOME 2,912,297 2,134,449  


TY 2023 OtherIncreasesSchedule
Name:
EDWARDS EC FBO LEIPSIC METHODIST
EIN:
34-6503030
Description Amount
PARTNERSHIP ADJUSTMENT 17,891
ROUNDING 1


TY 2023 TaxesSchedule
Name:
EDWARDS EC FBO LEIPSIC METHODIST
EIN:
34-6503030
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 1,935 1,935   0
FEDERAL TAX PAYMENT - PRIOR YE 155,229 0   0
FEDERAL ESTIMATES - PRINCIPAL 25,000 0   0
FOREIGN TAXES ON NONQUALIFIED 1,585 1,585   0