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 07-01-2023 , and ending 06-30-2024

Name of foundation
Horizon Foundation Inc

Number and street (or P.O. box number if mail is not delivered to street address)PO Box 816
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Rockport, MA01966

A Employer identification number

23-2867116

B Telephone number (see instructions)

(207) 773-5101

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

$30,030,083J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	4,000		4,000
4	Dividends and interest from securities...	456,557		456,557
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		3,031,518
b	Gross sales price for all assets on line 6a 19,307,824
7	Capital gain net income (from Part IV, line 2)...			3,031,518
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	3,492,075		3,492,075
13	Compensation of officers, directors, trustees, etc.	96,146		0	96,146
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	6,831		0	6,831
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	20,371	0	20,371
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	6,300	3,780	2,520
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	96,091	96,091	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	43,322	0	0
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	3,725	0
20	Occupancy..............
21	Travel, conferences, and meetings.......	2,870		0	2,870
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	7,225	0	7,225
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	282,881		99,871	135,963
25	Contributions, gifts, grants paid.......	1,184,554			1,184,554
26	Total expenses and disbursements. Add lines 24 and 25	1,467,435		99,871	1,320,517
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	2,024,640
b	Net investment income (if negative, enter -0-)			3,392,204
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	8,870	200	200
	2	Savings and temporary cash investments.........	770,053	846,775	846,775
	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) 200,000
		Less: allowance for doubtful accounts 0	100,000	200,000	200,000
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	872,631	List of Attached Documents: // Content 633,559	633,559
	b	Investments—corporate stock (attach schedule).......	23,666,398	List of Attached Documents: // Content 27,361,829	27,361,829
	c	Investments—corporate bonds (attach schedule).......	783,571	List of Attached Documents: // Content 643,271	643,271
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	582,825	List of Attached Documents: // Content 336,526	336,526
	14	Land, buildings, and equipment: basis 74,714
		Less: accumulated depreciation (attach schedule) 66,791	7,200	List of Attached Documents: // Content 7,923	7,923
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	26,791,548	30,030,083	30,030,083
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	26,791,548	30,030,083
	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).....	26,791,548	30,030,083
	30	Total liabilities and net assets/fund balances (see instructions).	26,791,548	30,030,083

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

26,791,548

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

2,024,640

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

List of Attached Documents:

// Content

1,213,895

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

30,030,083

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 .

30,030,083

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	Publicly Traded Securities
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	19,307,824	16,276,306	3,031,518
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			3,031,518
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	3,031,518
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	47,152
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	47,152
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	47,152
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	55,000
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	55,000
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	364
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	7,484
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax7,484	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.

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

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address right arrow

horizonfoundation.org

The books are in care of right arrow

Horizon Foundation Inc Telephone no. right arrow

(207) 773-5101

Located at right arrow

PO Box 816RockportMA ZIP+4 right arrow

01966

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

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

16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Form 990-PF (2023)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

Yes

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

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 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
Margaret B Chadbourne	Asst Treasurer/Exec Dir. 40.00	88,646	7,500
PO Box 816 Rockport,MA01966	Asst Treasurer/Exec Dir. 40.00	88,646	7,500
Alexander K Buck Jr	Director 1.00	0	0
PO Box 816 Rockport,MA01966	Director 1.00	0	0
Anne E Buck	Director 1.00	0	0
PO Box 816 Rockport,MA01966	Director 1.00	0	0
Allie W Buck	Director 1.00	0	0
PO Box 816 Rockport,MA01966	Director 1.00	0	0
Mallory N Buck	Director 1.00	0	0
PO Box 816 Rockport,MA01966	Director 1.00	0	0
Norman Harrison Buck	Director 1.00	0	0
PO Box 816 Rockport,MA01966	Director 1.00	0	0
Nancy B Buck	Co-President/Director 5.00	0	0
PO Box 816 Rockport,MA01966	Co-President/Director 5.00	0	0
Sarah M Buck	Co-President/Director 5.00	0	0
PO Box 816 Rockport,MA01966	Co-President/Director 5.00	0	0
John A Ogden	Treasurer (end 12/23); Director 1.00	0	0
PO Box 816 Rockport,MA01966	Treasurer (end 12/23); Director 1.00	0	0
Callie Buck	Treasurer (eff 12/23) 1.00	0	0
PO Box 816 Rockport,MA01966	Treasurer (eff 12/23) 1.00	0	0
Johnny P Ritzo	Vice President/Secretary 1.00	0	0
PO Box 816 Rockport,MA01966	Vice President/Secretary 1.00	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
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...................

26,794,361

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

1,000,802

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

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

27,795,163

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

27,795,163

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

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

416,927

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

27,378,236

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

1,368,912

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

1,368,912

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

47,152

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

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

47,152

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

1,321,760

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

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

1,321,760

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

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

1,321,760

Part XI

Qualifying Distributions (see instructions)

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

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

1,320,517

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

1,320,517

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					1,321,760
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......	20,724
b From 2019......	71,562
c From 2020......	20,297
d From 2021......	22,936
e From 2022......	126,877
f Total of lines 3a through e ........		262,396
4Qualifying distributions for 2023 from Part
XI, line 4: $ 1,320,517
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.....					1,320,517
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2023.		1,243			1,243
(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		261,153
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) ...		19,481
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		241,672
10 Analysis of line 9:
a Excess from 2019....	71,562
b Excess from 2020....	20,297
c Excess from 2021....	22,936
d Excess from 2022....	126,877
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).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

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

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

Horizon Foundation
PO Box 816
Rockport,MA01966
(207) 773-5101
info@horizonfoundation.org

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

Horizon Foundation has shifted to an invite-only application process. While there are already several organizations we have identified that we will be inviting to apply, we do leave a small amount of room in the budget for organizations to introduce their work by submitting a letter of inquiry through our online grant portal. If your organization received funding in the fall 2022 cycle or earlier and you would like to be considered for subsequent funding this cycle, please submit a letter of inquiry. Please visit the website for further information: https://www.horizonfoundation.org/how-to-apply

cAny submission deadlines:

Letter of Inquiry deadline is August 30. The deadline for invited organizations is November 1.

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

Horizon generally will make grants in the $5,000 to $20,000 range, with an average grant size of about $12,500. The Foundation does not fund or consider applications for: Annual, building, capital, or endowment fund drives; Colleges and universities; Emergency requests; Health/mental health programs; Individuals; International or foreign programs; Public and private schools; Religious projects; and/or State agencies. Additionally, past grantees must wait at least two years before reapplying.

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
317 Main Community Music Center 317 Main Street Yarmouth,ME04096	N/A	PC	General Support	10,000
Acadia Center PO Box 583 Rockport,ME04856	N/A	PC	General Support	10,000
Appalachian Mountain Club 10 City Square Boston,MA02129	N/A	PC	General Support	15,000
Arts Are Elementary PO Box 882 Brunswick,ME04011	N/A	PC	General Support	5,000
Association to Preserve Cape Cod Inc 482 Main Street Dennis,MA02638	N/A	PC	General Support	18,500
Barnstable Land Trust 1540 Main Street West Barnstable,MA02668	N/A	PC	General Support	20,000
Bartlett Arboretum & Gardens 151 Brookdale Road Stamford,CT06903	N/A	PC	General Support	15,000
Beaux Arts of the Lowe Art Museum 1301 Stanford Drive Coral Gables,FL33146	N/A	PC	General Support	7,500
Big Sky Youth Empowerment PO Box 6757 Bozeman,MT59771	N/A	PC	General Support	10,000
Bigelow Laboratory for Ocean Sciences 60 Bigelow Drive East Boothbay,ME04544	N/A	PC	General Support	15,000
Bonefish & Tarpon Trust 2937 SW 27th Avenue Miami,FL33133	N/A	PC	General Support	15,000
Boys & Girls Club of Greenwich 4 Horseneck Lane Greenwich,CT06830	N/A	PC	General Support	15,000
Boys & Girls Clubs of Southern Maine PO Box 7830 Portland,ME04112	N/A	PC	General Support	15,000
Cranberry Sunset Farm 1964 Main Street Marstons Mills,MA02648	N/A	PC	General Support	20,000
Darien YMCA 2420 Post Road Darien,CT06820	N/A	PC	General Support	15,000
Emerson Center for the Arts & Culture 111 S Grand Avenue Bozeman,MT59715	N/A	PC	General Support	5,000
Experience Camps PO Box 5121 Westport,CT06881	N/A	PC	General Support	15,000
Falmouth Historical Society PO Box 174 Falmouth,MA02541	N/A	PC	General Support	10,000
Falmouth Land Trust PO Box 6172 Falmouth,ME04105	N/A	PC	General Support	14,500
Family Centers Inc 40 Arch Street Greenwich,CT06830	N/A	PC	General Support	15,000
Freeport Community Services 53 Depot Street Freeport,ME04032	N/A	PC	General Support	10,000
Freeport Conservation Trust PO Box 433 Freeport,ME04032	N/A	PC	General Support	11,000
Friends of Casco Bay 75 West Commercial Street Suite 301 Portland,ME04101	N/A	PC	General Support	15,000
Friends of the Commodore Trail 3109 Grand Avenue No 206 Coconut Grove,FL33313	N/A	PC	General Support	2,500
Full Plates Full Potential 14 Maine Street Box 3 Brunswick,ME04011	N/A	PC	General Support	15,000
Good Shepherd Food Bank 3121 Hotel Road Auburn,ME04211	N/A	PC	General Support	10,000
Great Bay Stewards 89 Depot Road Greenland,NH03840	N/A	PC	General Support	10,000
Greens Ledge Light Preservation Society Inc PO Box 43 Rowayton,CT06853	N/A	PC	General Support	15,000
Greenwich Land Trust 370 Round Hill Road Greenwich,CT06831	N/A	PC	General Support	5,500
Gulf of Maine Research Institute 350 Commercial Street Portland,ME04101	N/A	PC	General Support	15,000
Heart of Biddeford 205 Main Street Biddeford,ME04005	N/A	PC	General Support	10,000
Heritage Plantation of Sandwich (dba Heritage Museums & Gardens) 67 Grove Street Sandwich,MA02563	N/A	PC	General Support	15,000
Idaho BaseCamp PO Box 183 Ketchum,ID83340	N/A	PC	General Support	20,000
INTEMPO Organization Inc 141 Franklin Street Stamford,CT06901	N/A	PC	General Support	10,000
Island Institute 386 Main Street Rockland,ME04841	N/A	PC	General Support	15,000
Isles Inc 10 Wood Street Trenton,NJ08618	N/A	PC	General Support	10,000
Junior Art & Music Inc (JAM) PO Box 149 Norwalk,CT06853	N/A	PC	General Support	12,000
Ketcha Outdoors 336 Black Point Road Scarborough,ME04074	N/A	PC	General Support	10,000
Lee Pesky Learning Center 3324 Elder Street Boise,ID83706	N/A	SO I	General Support	19,000
Louds Island Conservancy 30 Kent Street Brooklyn,NY11222	N/A	PC	General Support	5,000
Love Live Local Inc 539 South Street Hyannis,MA02601	N/A	PC	General Support	10,000
LoveYourBrain Foundation PO Box 247 Norwich,VT05055	N/A	PC	General Support	5,000
Maine Academy of Modern Music 125 Presumpscot Street Portland,ME04103	N/A	PC	General Support	10,000
Maine Coast Heritage Trust 1 Bowdoin Mill Island Topsham,ME04086	N/A	PC	General Support	15,000
Maine Conservation Alliance 320 Water Street 2nd floor Augusta,ME04330	N/A	PC	General Support	10,000
Maine Farmland Trust 97 Main Street Belfast,ME04915	N/A	PC	General Support	15,000
Maine Mountain Collaborative 45 Exchange Street Portland,ME04101	N/A	PC	General Support	10,000
Maine Public 1450 Lisbon Street Lewiston,ME04240	N/A	PC	General Support	20,000
Mayo Street Arts 10 Mayo Street Portland,ME04101	N/A	PC	General Support	15,000
Meetinghouse Arts 40 Main Street Freeport,ME04032	N/A	PC	General Support	7,500
Midcoast Conservancy PO Box 439 Edgecomb,ME04556	N/A	PC	General Support	15,000
New Canaan Library 151 Main Street New Canaan,CT06840	N/A	PC	General Support	19,000
New Canaan Mounted Troop 22 Carter Street New Canaan,CT08840	N/A	PC	General Support	20,000
New Canaan Nature Center 144 Oenoke Ridge New Canaan,CT06840	N/A	PC	General Support	14,500
New England Forestry Foundation Inc 32 Foster Street Littleton,MA01460	N/A	PC	General Support	15,000
Norwalk Land Trust PO Box 34 Norwalk,CT06853	N/A	PC	General Support	20,000
Ocean First Institute 3015 Bluff Street Boulder,CO80301	N/A	PC	General Support	2,500
Olympia Snowe Women's Leadership Institute One Monument Square Suite 502 Portland,ME04101	N/A	PC	General Support	10,000
Our Climate Common PO Box 228 Georgetown,ME04548	N/A	PC	General Support	10,000
Our Place Portland Inc 8 Thurston Lane Scarborough,ME04074	N/A	PC	General Support	7,500
Patrons of the Trumbull Nature & Arts Center Inc PO Box 110438 Trumbull,CT06611	N/A	PC	General Support	15,000
Peregrine Corporation (dba PSL ServicesSTRIVE) 39 Darling Avenue South Portland,ME04106	N/A	PC	General Support	3,654
Person-to-Person Inc 1864 Post Road Darien,CT06820	N/A	PC	General Support	20,000
Portland Museum of Art 7 Congress Square Portland,ME04101	N/A	PC	General Support	15,000
Portland Symphony Orchestra 85 Exchange Street 4th Floor Portland,ME04101	N/A	PC	General Support	20,000
Rangeley Friends of the Performing Arts PO Box 333 Rangeley,ME04970	N/A	PC	General Support	10,000
Roots Family Collaborative 1716 W Main Street Suite 8D Bozeman,MT59715	N/A	PC	General Support	5,000
Rowayton Arts Center 145 Rowayton Avenue Rowayton,CT06853	N/A	PC	General Support	20,000
Rowayton Civic Association Inc PO Box 302 Rowayton,CT06853	N/A	PC	General Support	5,000
SailMaine PO Box 574 Portland,ME04112	N/A	PC	General Support	10,000
Sea Change Yoga 175 Lancaster Street Portland,ME04101	N/A	PC	General Support	5,400
Side x Side 636 Congress Portland,ME04101	N/A	PC	General Support	15,000
Snake River Waterkeeper Inc 2101 N Harrison Boulevard Boise,ID83702	N/A	PC	General Support	20,000
Speak About It Inc PO Box 4408 Portland,ME04101	N/A	PC	General Support	10,000
State of Maine Governors Office of Policy Innovation & the Future 111 Sewall Street Augusta,ME04333	N/A	GOV	General Support	15,000
Stepping Stones Museum for Children 303 West Avenue Norwalk,CT06850	N/A	PC	General Support	15,000
The Community Library PO Box 2168 Ketchum,ID83340	N/A	PC	General Support	19,000
The Conservation Fund 1655 N Fort Myer Drive Arlington,VA22209	N/A	PC	General Support	10,000
The Historical Society of Martin County 825 NE Ocean Boulevard Stuart,FL34996	N/A	PC	General Support	15,000
The Hunger Coalition 110 Honeysuckle Street Bellevue,ID83313	N/A	PC	General Support	10,000
The Nature Conservancy in Maine 14 Maine Street Suite 401 Brunswick,ME04011	N/A	PC	General Support	20,000
The Nature Conservancy in Massachusetts 20 Ashburton Street Suite 400 Boston,MA02108	N/A	PC	General Support	15,000
The Trust for Public Land 30 Danforth Street Portland,ME04101	N/A	PC	General Support	20,000
The Trustees of Reservations 200 High Street 4th Floor Boston,MA02110	N/A	PC	General Support	15,000
The WindowDressers PO Box 1135 Rockland,ME04841	N/A	PC	General Support	5,000
Trinity Counseling Service 353 Nassau Street Princeton,NJ08540	N/A	PC	General Support	15,000
Trout Unlimited 1777 N Kent Street Arlington,VA22209	N/A	PC	General Support	15,000
Wild Seed Project 21 Memorial Highway North Yarmouth,ME04097	N/A	PC	General Support	15,000
Wolfe's Neck Center for Agriculture and the Environment 184 Burnett Road Freeport,ME04032	N/A	PC	General Support	20,000
Wood River Community YMCA PO Box 6801 Ketchum,ID83340	N/A	PC	General Support	20,000
YMCA of the Treasure Coast 1700 SE Monterey Road Stuart,FL34996	N/A	PC	General Support	15,000
Total ................................. 3a				1,184,554

bApproved for future payment

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

Form 990-PF (2023)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	4,000
4 Dividends and interest from securities ....			14	456,557
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	3,031,518
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		3,492,075	0

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

3,492,075

(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:

Horizon Foundation Inc

EIN:

23-2867116

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Accounting & Tax Services	6,300	3,780		2,520

- TIN:

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

TY 2023 DepreciationSchedule

Name:

Horizon Foundation Inc

EIN:

23-2867116

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
Furniture and Fixture	2015-01-01	13,500	13,500	SL	5.000000000000	0
Computer equipment	2015-01-01	11,754	11,754	SL	5.000000000000	0
Furniture and Fixture	2015-01-01	3,354	3,354	SL	5.000000000000	0
Furniture and Fixture	2016-01-01	9,200	9,200	SL	5.000000000000	0
Computer	2017-07-01	3,333	3,333	SL	5.000000000000	0
Furniture and Fixture	2018-01-01	9,500	9,500	SL	5.000000000000	0
Computer	2018-01-01	617	492	SL	5.000000000000	125
Furniture and Fixture	2020-01-01	10,000	8,333	SL	3.000000000000	0
Furniture and Fixture	2022-01-01	10,800	3,600	SL	3.000000000000	3,600
Computer	2024-06-27	2,656		SL	5.000000000000	0

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

Horizon Foundation Inc

EIN:

23-2867116

Name of Bond	End of Year Book Value	End of Year Fair Market Value
25000 Units Adobe Inc 4.85%	25,296	25,296
25000 Units Amazon Com Inc 4.65%	24,911	24,911
25000 Units Apple 1.4%	22,161	22,161
18000 Units Borgwarner 3.375%	17,897	17,897
35000 Units Chevron Corp 1.554%	33,959	33,959
22000 Units Dominion Energy Gas Hldgs 2.5%	21,811	21,811
18000 Units Eaton Corp 3.103%	17,161	17,161
18000 Units Gilead Sciences 3.5%	18,063	18,063
25000 Units Grainger WW Inc 1.85%	24,591	24,591
17000 Units L3Harris Technologies 3.832%	16,858	16,858
22000 Units Linde Inc 2.65%	21,845	21,845
16000 Units Lowes 4.8%	16,037	16,037
18000 Units McCormick & Co. 3.15%	18,150	18,150
16000 Units McCormick & Co. 3.4%	15,432	15,432
21000 Units Mead Johnson Nutrition 4.125%	20,704	20,704
16000 Units Northrop Grumman 2.93%	15,987	15,987
18000 Units Oracle Corp 2.5%	17,695	17,695
22000 Units Paccar Financial Corp 3.55%	21,902	21,902
25000 Units Pfizer Invt Enterprises 4.45%	24,701	24,701
16000 Units Stryker Corp 3.5%	15,675	15,675
18000 Units Waste Connections 4.25%	17,451	17,451
21000 Units Cleveland Elec Illum 5.5%	21,416	21,416
32000 Units DTE Elec 4.85%	32,146	32,146
23000 Units Evergy Kans Cent 2.55%	22,166	22,166
15000 Units Keyspan 8%	16,834	16,834
25000 Units Oncor Elec Deliver Co 2.95%	24,664	24,664
22000 Units Public Svc 3.7%	20,950	20,950
37000 Units Public Svc 3%	36,334	36,334
21000 Units Sierra Pac Pwr Co 2.6%	20,126	20,126
20000 Units Tampa Elec Co	20,348	20,348

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

Horizon Foundation Inc

EIN:

23-2867116

Name of Stock	End of Year Book Value	End of Year Fair Market Value
500 Units Alphabet	91,710	91,710
65 Units Broadcom Ltd	104,359	104,359
200 Units Meta Platforms	100,844	100,844
825 Units Microchip Technology	75,488	75,488
200 Units Microsoft	89,390	89,390
650 Units Oracle	91,780	91,780
800 Units Cisco Systems	38,008	38,008
950 Units Comcast	37,202	37,202
550 Units Abbott	57,151	57,151
125 Units Amgen	39,056	39,056
2725 Units Avantor Inc	57,770	57,770
1200 Units Dentsply Sirona Inc	29,892	29,892
675 Units GE Healthcare Technologies	52,596	52,596
95 Units Humana	35,497	35,497
175 Units Ameriprise	74,758	74,758
1100 Units Citigroup	69,806	69,806
2900 Units Columbia Bkg Sys	57,681	57,681
150 Units Marsh & McClennan	31,608	31,608
400 Units PNC Financial Services	62,192	62,192
425 Units Raymond James	52,534	52,534
240 Units Renaissancere Holdings LTD	53,642	53,642
1600 Units Synovus Finl	64,304	64,304
325 Units Extra Space Storage	50,508	50,508
1600 Units Omega Healthcare	54,800	54,800
1250 Units Borgwarner	40,300	40,300
350 Units DR Horton Inc	49,326	49,326
1750 Units Delta Air Lines Inc	83,020	83,020
130 Units Home Depot	44,751	44,751
1100 Units Interpublic Group	31,999	31,999
250 Units Target	37,010	37,010
80 Units Ulta Beauty Inc	30,870	30,870
675 Units Cvs Health	39,866	39,866
725 Units General Mls	45,864	45,864
225 Units Hershey Co	41,362	41,362
600 Units Mondelez Intl	39,264	39,264
1390 Units US Foods Holding Corp	73,642	73,642
400 Units Ametek Inc	66,684	66,684
225 Units Carlisle Cos Inc	91,172	91,172
325 Units Curtiss Wright Corp	88,069	88,069
725 Units Dupont De Nemours	58,355	58,355
825 Units Fidelity Natl	62,172	62,172
1100 Units Flowserve Corp	52,910	52,910
800 Units Johnson Ctls Intl	53,176	53,176
90 Units Martin Marietta	48,762	48,762
150 Units Union Pacific	33,939	33,939
175 Units Zebra Technologies Corp	54,063	54,063
205 Units Avery Dennison	44,823	44,823
300 Units F M C Corp	17,265	17,265
450 Units Atmos Energy	52,493	52,493
325 Units Clean Harbors Inc	73,498	73,498
300 Units Waste Connections	52,607	52,607
45 Units Asml Holding	46,023	46,023
815 Units Disco Corp	30,926	30,926
90 Units SAP SE	18,154	18,154
135 Units Taiwan Semiconductor	23,464	23,464
320 Units Tokyo Electron LTD	34,713	34,713
215 Units Astrazeneca PLC	16,768	16,768
80 Units Icon Plc	25,078	25,078
240 Units Novo Nordisk	34,258	34,258
1085 Units Stevanato Group S P A Ord SHS	19,899	19,899
1005 Units AIA Group LTD	27,289	27,289
110 Units Aon Plc	32,294	32,294
210 Units Arch Cap Group	21,187	21,187
737 Units Brookfield Asset Mgmt	30,615	30,615
485 Units Tokio Marine Holdings	18,105	18,105
185 Units Colliers Intl Group	20,655	20,655
85 Units Ferrari	34,711	34,711
30 Units Mercadolibre	49,302	49,302
770 Units On Holding AG Namen	29,876	29,876
1100 Units Universal Music Group	16,375	16,375
130 Units Diageo PLC	16,390	16,390
250 Units Dino Polska SA	12,630	12,630
310 Units Nestle S A	31,642	31,642
430 Units Uniliver PLC	23,646	23,646
85 Units Ashtead Group PLC	22,702	22,702
395 Units BAE Sys PLC	26,364	26,364
260 Units Canadian Natl	30,714	30,714
80 Units Eaton Corp	25,084	25,084
120 Units Ferguson PLC	23,238	23,238
10 Units Mettler Toledo	13,976	13,976
515 Units Thales Unsponsord	16,503	16,503
55 Units Linde PLC	24,135	24,135
185 Units Waste Connections Inc	32,442	32,442
1463 Units GMO Trust Climate Change	30,777	30,777
2028 Units Pax World Fds Ser	48,448	48,448
680 Units Virtus Duff & Phelps FDS Multi-Strategy	13,697	13,697
1356 Units Managed Portfolio Series	12,431	12,431
2550 Units John Hancock Invt TR Global ENV Opptys I	27,563	27,563
1159 Units Clearwater Analytics Holdings	21,465	21,465
260 Units Entegris Inc	35,204	35,204
251 Units Macom Tech Solutions Holdings	27,979	27,979
355 Units Procore Technologies Inc	23,540	23,540
326 Units Addus Homecare Corp	37,852	37,852
334 Units Encompass Health Corp	28,654	28,654
1207 Units Evolent Health Inc	23,078	23,078
1298 Units Neogen Corp	20,288	20,288
1020 Units Radnet Inc	60,098	60,098
907 Units Cadence Bank	25,650	25,650
2893 Units Ezcorp Inc	30,290	30,290
56 Units Kinsale Cap Group	21,576	21,576
237 Units Palomar Hldgs Inc	19,233	19,233
2473 Units Everi Hldgs Inc	20,773	20,773
259 Units Floor & Dcor Hldg Corp	25,747	25,747
87 Units Wingstop Inc	36,771	36,771
238 Units Freshpet Inc	30,795	30,795
138 Units Atkore Inc	18,620	18,620
181 Units Crane Co	26,241	26,241
337 Units Exponent Inc	32,055	32,055
114 Units Lincoln Elec Holdings Inc	21,505	21,505
567 Units Loar Holdings Inc	30,283	30,283
279 MKS Instrs Inc	36,432	36,432
279 Units regal Rexnord Corp	30,019	30,019
310 Units SPX Technologies Inc	44,063	44,063
191 Units TFI Intl Inc	27,726	27,726
77 Units Broadcom Inc	123,626	123,626
262 Units Cadence Design System	80,631	80,631
69 Units Intuit	45,347	45,347
280 Units Meta Platforms Inc	141,182	141,182
700 Units Microsoft Corp	312,865	312,865
158 Units Mongodb Inc	39,494	39,494
75 Units Monolithic Power System Inc	61,626	61,626
2300 Units Nvidia Corp	284,142	284,142
390 Units Qualcomm Inc	77,680	77,680
118 Units Roper Technologies Inc	66,512	66,512
104 Units Servicenow Inc	81,814	81,814
924 Units Shopify Inc	61,030	61,030
266 Units Motorola Solutions Inc	102,689	102,689
1042 Units Astrazeneca PLC	81,266	81,266
221 Units Intuitive Surgical Inc	98,312	98,312
603 Units Novo-Nordisk	86,072	86,072
221 Units Stryker Corp	75,195	75,195
149 Units Unitedhealth Group Inc	75,880	75,880
104 Units West Pharmaceutical Services Inc	34,257	34,257
356 Units Zoetis Inc	61,716	61,716
216 Units Gallagher Arthur J & Co	56,011	56,011
468 Units Amazon.com Inc	90,441	90,441
1451 Units Copart Inc	78,586	78,586
103 Units Netflix Inc	69,513	69,513
42 Units O'Reilly Automotive Inc	44,355	44,355
315 Units Ross Stores Inc	45,776	45,776
515 Units Tesla Inc	101,908	101,908
2412 Units Monster Beverage Corp	120,479	120,479
230 Units Ferguson PLC	44,540	44,540
233 Units Hunt JB Transportation Services	37,280	37,280
93 Units Parker Hannifin Corp	47,040	47,040
455 Units Visa Inc	119,424	119,424
689 Units Xylem Inc	93,449	93,449
590 Units Waste Connections Inc	103,461	103,461
800 Units Alphabet Inc Cap Stk Cl A	145,720	145,720
1800 Units Alphabet Inc Cap Stk Cl C	330,156	330,156
900 Units Ansys Inc Com	289,350	289,350
1800 Units Apple Inc Com	379,116	379,116
900 Units Microsoft Corp	402,255	402,255
1800 Units Qualcomm Inc	358,524	358,524
600 Units Roper Technologies Inc	338,196	338,196
2500 Units Verizon	103,100	103,100
500 Units Becton	116,855	116,855
1075 Units Danaher Corp	268,589	268,589
1325 Units Johnson & Johnson	193,662	193,662
1250 Units Resmed Inc	239,275	239,275
1000 Units Stryker	340,250	340,250
1000 Units Chubb Limited	255,080	255,080
1200 Units Gallagher	311,172	311,172
2000 Units Jpmorgan	404,520	404,520
2680 Units Iron Mtn	240,182	240,182
75 Units Booking Hldgs Inc	297,113	297,113
1800 Units Carmax Inc	132,012	132,012
500 Units Costco Inc	424,995	424,995
800 Units Home Depot	275,392	275,392
900 Units McDonalds	229,356	229,356
325 Units O Reilly Automotive	343,220	343,220
2600 Units Tjx Cos Ic	286,260	286,260
2500 Units Church & Dwight	259,200	259,200
1400 Units PepsiCo	230,902	230,902
1600 Units Procter & Gamble	263,872	263,872
650 Units Accenture Plc	197,217	197,217
1000 Units Automatic Data	238,690	238,690
1800 Units Ball Corp	108,036	108,036
450 Units Cummins Inc	124,619	124,619
2000 Units Fiserv Inc	298,080	298,080
200 Units Mettler Toledo	279,518	279,518
1400 Units RTX Corp	140,546	140,546
500 Units Verisk Analytics	134,775	134,775
1200 Units Visa Inc	314,963	314,963
800 Units Watsco Inc	370,591	370,591
1400 Units Xylem Inc	189,881	189,881
700 Units Ecolab Inc	166,600	166,600
795 Units Adobe Sys Inc	441,654	441,654
4355 Units Alphabet In	798,794	798,794
3200 Units Apple Inc	673,984	673,984
430 Units Broadcom Inc	690,378	690,378
110 Units Lam Research Corp	117,134	117,134
990 Units Meta Platforms	499,178	499,178
515 Units Microsoft Corp	230,179	230,179
5000 Units Nvidia Corp	617,700	617,700
1560 Units Abbvie Inc	267,571	267,571
1125 Units Amgen Inc	351,506	351,506
340 Units Thermo Fisher	188,020	188,020
195 Units Unitedhealth Group Inc	99,306	99,306
440 Units Aon Plc	129,175	129,175
340 Units Berkshire Hathaway Inc	138,312	138,312
1175 Units JP Morgan Chase & Co	237,656	237,656
1080 Units LPL Financial Inc	301,644	301,644
2690 Units Amazon.com	519,843	519,843
124 Units Autozone Inc	367,548	367,548
1385 Units Lowes	305,337	305,337
675 Units Accenture PLC	204,802	204,802
1260 Units Ametek Inc	210,055	210,055
720 Units Caterpillar Inc	239,832	239,832
795 Units Dover Corp	143,458	143,458
405 Units Hubbell Inc	148,019	148,019
1465 Units L3Harris Technologies Inc	329,010	329,010
535 Units Mastercard Incorporated	236,021	236,021
1950 Units Otis Worldwide Corp	187,707	187,707
4070 Units Terex Corp	223,199	223,199
1190 Units Visa Inc	312,339	312,339
2773 Units Wasatch FDS TR CRE Growth Instl	246,448	246,448
11642 Units World FDS TR Applied Financial Instl	242,732	242,732

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

Horizon Foundation Inc

EIN:

23-2867116

US Government Securities - End of Year Book Value:

617,883

US Government Securities - End of Year Fair Market Value:

617,883

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

15,676

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

15,676

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

Horizon Foundation Inc

EIN:

23-2867116

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
29520 Units Union Pacific Rr 3.227%	FMV	28,617	28,617
13500 Units Petroleos Mexicanos 2.46%	FMV	12,808	12,808
12632 Units Reliance Inds Ltd 1.87%	FMV	12,370	12,370
8123 Units Sba Gtd Ptnct 2.829%	FMV	7,965	7,965
25000 Units Analog Devices Inc 5.2422%	FMV	25,353	25,353
30000 Units Procter & Gambles 5.30083%	FMV	30,056	30,056
24000 Units Spire Missouri Inc 5.34764%	FMV	24,112	24,112
18000 Units Bancorpsouth Bk 4.125%	FMV	17,550	17,550
25000 Units Public Storage 6.04502%	FMV	25,395	25,395
5000 Units First Tr Exchange Traded	FMV	152,300	152,300

- TIN:

TY 2023 LandEtcSchedule2

Name:

Horizon Foundation Inc

EIN:

23-2867116

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Computer Equipment	18,360	15,704	2,656	2,656
Furniture and Fixtures	56,354	51,087	5,267	5,267

- TIN:

TY 2023 LegalFeesSchedule

Name:

Horizon Foundation Inc

EIN:

23-2867116

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Legal Fees	20,371	0		20,371

- TIN:

TY 2023 OtherExpensesSchedule

Name:

Horizon Foundation Inc

EIN:

23-2867116

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Office Supplies and Expenses	5,118	0		5,118
Insurance	2,107	0		2,107

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

Horizon Foundation Inc

EIN:

23-2867116

Description	Amount
Unrealized Gain on Investments	1,213,895

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

Horizon Foundation Inc

EIN:

23-2867116

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment Management Fees	96,091	96,091		0

- TIN:

TY 2023 TaxesSchedule

Name:

Horizon Foundation Inc

EIN:

23-2867116

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Federal Excise Taxes	43,322	0		0