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
THE VAN BUREN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 158
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
KEOSAUQUA, IA52565
A Employer identification number

42-6062589
B Telephone number (see instructions)

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$9,743,168J 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) 235,752
2 Check right arrow.............
3 Interest on savings and temporary cash investments 384 384 384
4 Dividends and interest from securities... 196,466 196,466 196,466
5a Gross rents............ 5,000 5,000 5,000
b Net rental income or (loss) 5,000
6a Net gain or (loss) from sale of assets not on line 10 297,782
b Gross sales price for all assets on line 6a 297,782
7 Capital gain net income (from Part IV, line 2)... 297,782
8 Net short-term capital gain......... 4,157
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
260    
12 Total. Add lines 1 through 11........ 735,644 499,632 206,007
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
21,950 10,575   21,950
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,923      
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
38,005    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
67,160     64,768
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 130,038 10,575   86,718
25 Contributions, gifts, grants paid....... 357,087 357,087
26 Total expenses and disbursements. Add lines 24 and 25 487,125 10,575   443,805
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 248,519
b Net investment income (if negative, enter -0-) 489,057
c Adjusted net income (if negative, enter -0-)... 206,007
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............. 60,170 178,408 178,408
2 Savings and temporary cash investments......... 542,428 566,262 566,262
3 Accounts receivable right arrow928
Less: allowance for doubtful accounts right arrow   19,296 928 928
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 arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 3,346 5,457 5,457
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,775,512 Click to see attachment
List of Attached Documents:
// Content
8,428,147 		8,428,147
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)..........      
14 Land, buildings, and equipment: basis right arrow1,641,938
Less: accumulated depreciation (attach schedule) right arrow1,077,972 464,461 Click to see attachment
List of Attached Documents:
// Content
563,966 		563,966
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,865,213 9,743,168 9,743,168
Liabilities 17 Accounts payable and accrued expenses.......... 2,900 19,641
18 Grants payable................. 169,750 208,300
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)......... 172,650 227,941
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........... 6,545,743 7,117,240
25 Net assets with donor restrictions............ 2,146,820 2,397,987
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........    
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)..... 8,692,563 9,515,227
30 Total liabilities and net assets/fund balances (see instructions). 8,865,213 9,743,168
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
8,692,563
2
Enter amount from Part I, line 27a .....................
2
248,519
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
577,310
4
Add lines 1, 2, and 3 ..........................
4
9,518,392
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
3,165
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,515,227
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 LONG TERM P    
b SHORT TERM P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 293,625     293,625
b 4,157     4,157
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       293,625
b       4,157
c
d
e
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 2 297,782
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 4,157
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 6,798
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 6,798
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 6,798
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 6,152
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,152
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 646
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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 arrowIA
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 arrowGATEWAY FINANCIAL LTD Telephone no.right arrow (319) 524-7278

Located atright arrow2406 MAIN STKEOKUKIA ZIP+4right arrow52632
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)
 
No
(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
 
 
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
 
No
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)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
CRYSTAL CRONK ASST SECRETARY
0.25 		0 0 0
504 S MAPLE
FAIRFIELD,IA52556
ALLEN GUNN VICE PRESIDENT
0.25 		0 0 0
BOX 83
BONAPARTE,IA52620
MARVIN PHILIPS DIRECTOR
0.25 		0 0 0
14727 110TH ST
DOUDS,IA52551
KATIE NICHOLS VICE CHAIR
0.25 		0 0 0
701 VAN BUREN ST
KEOSAUQUA,IA52565
DENAE MEEK DIRECTOR
0.25 		0 0 0
212 2ND ST
BONAPARTE,IA52620
KEVIN HRANICKA ASST TREASURER
0.25 		0 0 0
104 TWOMBLY CIRCLE
KEOSAUQUA,IA52565
MATT MANNING PRESIDENT
0.25 		0 0 0
106 MCCOY CIR
KEOSAUQUA,IA52565
JON P FINNEY CHAIRPERSON
0.25 		0 0 0
301 HENRY ST
KEOSAUQUA,IA52565
LISA PLOWMAN SECRETARY
0.25 		0 0 0
16063 GOLD AVE
DOUDS,IA52551
JEANNE ERICKSON DIRECTOR
0.25 		0 0 0
PO BOX 471
KEOSAUQUA,IA52565
DILLON SMITH TREASURER
0.25 		0 0 0
406 WALNUT ST
FARMINGTON,IA52626
CALE PLOWMAN DIRECTOR
0.25 		0 0 0
15641 GOLD AVE
DOUDS,IA52551
STEVE DUKE DIRECTOR
0.25 		0 0 0
23617 HWY 1
KEOSAUQUA,IA52565
DIANE WAUGH DIRECTOR
0.25 		0 0 0
15433 105TH RD
LIBERTYVILLE,IA52567
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 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 EXPENSES ATTRIBUTABLE TO ROBERTS MEMORIAL BUILDING - SEE SCHEDULE 92,257
2 OTHER QUALIFYING GRANTS AND SCHOLARSHIPS 357,087
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
8,052,550
b
Average of monthly cash balances.......................
1b
678,502
c
Fair market value of all other assets (see instructions)................
1c
564,894
d
Total (add lines 1a, b, and c).........................
1d
9,295,946
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
9,295,946
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
139,439
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
9,156,507
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
457,825
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
457,825
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
6,798
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
6,798
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
451,027
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
451,027
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
451,027
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
443,805
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
443,805
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 7 451,027
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 75,567
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 75,567
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 443,805
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 443,805
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023. 7,222 7,222
(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 68,345
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		68,345
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
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 e-mail address of the person to whom applications should be addressed:
JON FINNEY
PO BOX 158
KEOSAUQUA,IA52565
(319) 293-3209
bThe form in which applications should be submitted and information and materials they should include:
SUBMIT REQUESTS IN WRITTEN FORM DETAILING THE PURPOSE OF THE GRANT, COST OF PROJECT, AND THE TIME FRAME IN WHICH FUNDS WILL BE USED. NO FUNDS SHALL BE AWARDED WHEREIN PECUNIARY PROFITS MAY BE OBTAINED. THE FDTN GRANT MUST NOT BE THE SOLE OR COMPLETE FUNDS VESTED IN ANY PROJECT. THE BOARD MEETS TWICE YEARLY TO REVIEW APPLICATIONS AND GIVES PREFERANCE TO REQUESTS BENEFITING VAN BUREN COUNTY, IA.
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
PREFERANCE GIVEN TO REQUESTS BENEFITING VAN BUREN COUNTY, IOWA
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
DILLON SMITH
PO BOX 158
KEOSAUQUA,IA52565
(319) 293-7176
bThe form in which applications should be submitted and information and materials they should include:
THE EDUCATIONAL SCHOLARSHIPS ARE MEMORIALS GIVEN TO STUDENTS MEETING CERTAIN REQUIREMENTS AND ARE CHOSEN BY THE SCHOLARSHIP COMMITTEE MADE UP OF MEMBERS OF THE FOUNDAITON AND STAFF MEMBERS OF THE VAN BUREN COMMUNITY SCHOOLS.
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
STUDENT MUST BE GRADUATING FROM VAN BUREN COMMUNITY SCHOOL DISTRICT
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
IOWA STATE UNIVERSITY


0210 BEARDSHEAR
AMES,IA50011 		NONE NC SCHOLARSHIPS 9,500
KIRKWOOD COMMUNITY COLLEGE


6301 KIRKWOOD BLVD SW
CEDAR RAPIDS,IA52404 		NONE NC SCHOLARSHIPS 500
INDIAN HILLS COMMUNITY COLLEGE


525 GRANDVIEW AVE
OTTUMWA,IA52501 		NONE NC SCHOLARSHIPS 4,000
GRACELAND UNIVERSITY


201 TRUEBLOOD AVE
OSKALOOSA,IA52577 		NONE NC SCHOLARSHIPS 2,000
CENTRAL CHRISTIAN COLLEGE


PO BOX 180
WEST BURLINGTON,IA52655 		NONE NC SCHOLARSHIPS 1,250
UNIVERSITY OF NORTHERN IOWA


105 GILCHRIST HALL
CEDAR FALLS,IA50614 		NONE NC SCHOLARSHIPS 1,000
UNIVERSITY OF IOWA


2400 UNIVERSITY CAPITAL CENTRE
IOWA CITY,IA52242 		NONE NC SCHOLARSHIPS 5,500
DOUDS HISTORIC PRESERVATION ASSN


301 HENRY ST
KEOSAUQUA,IA52565 		NONE PC VALLEY SCHOOL ROOF 2,900
DOUDS HISTORICAL PRESERVATION ASSN


301 HENRY ST
KEOSAUQUA,IA52565 		NONE PC TREE TILING AND STORM DAMAGE PROJECT 2,800
DOUDS HISTORICAL PRESERVATION ASSN


301 HENRY ST
KEOSAUQUA,IA52565 		NONE PC DOUDS DEPOT MUSEUM ROOF 5,800
KEOSAUQUA PUBLIC LIBRARY


608 1ST ST
KEOSAUQUA,IA52565 		NONE NC GENERAL SUPPORT 238
KEOSAUQUA SENIOR CENTER


801 FRONT ST
KEOSAUQUA,IA52565 		NONE PC GENERAL SUPPORT 238
KEOSAUQUA FIRE DEPT


PO BOX 252
KEOSAUQUA,IA52565 		NONE GOV ONGOING SUPPORT 238
CONGREGATIONAL CHURCH OF CHRIST


401 VAN BUREN ST
KEOSAUQUA,IA52565 		NONE NC GENERAL SUPPORT 3,816
PURDOM CEMETERY


230 RIVERVIEW DR
KEOSAUQUA,IA52565 		NONE PC GENERAL SUPPORT 1,908
FELLOWS CEMETERY


UNNAMED ROAD
KEOSAUQUA,IA52565 		NONE NC GENERAL SUPPORT 1,908
VBC CHILD ABUSE PREVENTION COUNCIL


308 MULBERTY ST
KEOSAUQUA,IA52565 		NONE PC KIDS FAIR 5,000
VBC AGRICULTURAL ASSOCIATION INC


15707 GOLD AVE
DOUDS,IA52551 		NONE PC BLEACHER ENHANCEMENTS 18,000
VAN BUREN CO HISTORIC PRESERVATION


1400 2ND ST
KEOSAUQUA,IA52565 		NONE PC BARN BROCHURE 1,300
VILLAGES OF VAN BUREN


809 1ST ST
KEOSAUQUA,IA52565 		NONE PC ANNUAL FUNDING 35,000
VBC EXTENSION


200 DODGE ST
KEOSAUQUA,IA52565 		NONE GOV JUDGES RIBBONS & AWARDS 2,000
DOUDS HISTORIC PRESERVATION


301 HENRY ST
KEOSAUQUA,IA52565 		NONE PC REPAIRS TO OAK GROVE COUNTRY SCHOOL 1,200
BONAPARTE FIRE DEPARTMENT


608 2ND ST
BONAPARTE,IA52620 		NONE GOV EMA TRAILER ADDITION 4,000
VILLAGES OF VAN BUREN


PO BOX 9
KEOSAUQUA,IA52565 		NONE PC TECHNOLOGY UPDATE 3,000
VAN BUREN COUNTY PUBLIC HEALTH


PO BOX 514
KEOSAUQUA,IA52565 		NONE GOV ONGOING SUPPORT 2,226
CITY OF FARMINGTON


203 ELM ST
FARMINGTON,IA52626 		NONE GOV CAMPGROUND EXPANSION AT INDIAN LAKE 15,000
VAN BUREN HISTORICAL SOCIETY


PO BOX 423
KEOSAUQUA,IA52565 		NONE PC 1ST FLOOR TWOMBLY BUILIDNG PROJECT 20,000
FARMINGTON FIRE DEPARTMENT


PO BOX 477
FARMINGTON,IA52626 		NONE GOV IMAGING CAMERCA TRAFFIC BATONS 3,000
DOUDS HISTORIC PRESERVATION ASSN


301 HENRY ST
KEOSAUQUA,IA52565 		NONE PC DEPOT ROOF ADDITIONAL FUNDING 2,000
VAN BUREN COUNTY CONSERVATION BOARD


816 FRANKLIN ST
KEOSAUQUA,IA52565 		NONE GOV REPAIRS TO BENTONSPORT BANK BUILDING 3,700
VAN BUREN COUNTY HOSPITAL


308 MULBERRY ST
KEOSAUQUA,IA52565 		NONE GOV ONGOING SUPPORT 2,226
VBC HISTORICAL SOCIETY


PO BOX 24
KEOSAUQUA,IA52565 		NONE GOV ONGOING SUPPORT 238
BONAPARTE FIRST RESPONDERS


602 2ND ST
BONAPARTE,IA52620 		NONE GOV EMT TRAINING PARKING AREA CONCRETE 2,100
AMERICAN LEGION


301 PARK AVENUE
FARMINGTON,IA52626 		NONE NC RIVERBANK STABILIZATION 50,000
Total .................................right arrow 3a 213,586
bApproved for future payment
VAN BUREN COUNTY TRAILS ASSN

20158 HEATHER RD
KEOSAUQUA,IA52565 		NONE PC DES MOINES RIVER WATER TRAIL 25,000
VILLAGES FOLK SCHOOL

809 1ST ST
KEOSAUQUA,IA52565 		NONE PC 2023 PROGRAMS 5,000
CITY OF FARMINGTON

PO BOX 477
FARMINGTON,IA52626 		NONE GOV CPR MANIKANS 9,000
CITY OF FARMINGTON

PO BOX 477
FARMINGTON,IA52626 		NONE GOV GENERATORIV PUMPS 5,000
VAN BUREN CO COMMUNITY SCHOOLS

405 4TH ST
KEOSAUQUA,IA52565 		NONE GOV ANNUAL RENTAL OF RIVERVIEW CLUB 4,000
CHRIST UMC

301 HENRY ST
KEOSAUQUA,IA52565 		NONE PC VARIOUS REPAIRS & EQUIPMENT PURCHASE 4,000
PATHFINDERS

304 S MAPLE ST STE 101
FAIRFIELD,IA52556 		NONE PC HISTORIC HILLS SCENIC BYWAY 5,000
CHRIST UMC

301 HENRY ST
KEOSAUQUA,IA52565 		NONE PC SIDEWALK REPLACEMENT 3,200
ENGAGE KEOSAUQUA

PO BOX 313E
KEOSAUQUA,IA52565 		NONE PC CONCERT SERIES 5,000
BONAPARTE COMM IMPROVEMENT ASSN

PO BOX 194
BONAPARTE,IA52620 		NONE PC FACILIITY EQUIPMENT BUILDING UPGRADES 10,000
MILTON LIONS CLUB

607 W HARRISON ST
MILTON,IA52570 		NONE PC DEPOT EXTEROR REPAIRSPAINTING 6,000
VAN BUREN COUNTY EXTENSION

200 DODGE ST
KEOSAUQUA,IA52565 		NONE GOV 4H ENROLLMENT 2,800
CITY OF KEOSAUQUA

201 MAIN ST
KEOSAUQUA,IA52565 		NONE GOV COMMUNITY POOL REPAIRS 40,000
VAN BUREN COUNTY HOSPITAL

304 FRANKLIN ST
KEOSAUQUA,IA52565 		NONE GOV EQUIPMENT RENTAL 400
VAN BUREN COUNTY HOSPITAL

304 FRANKLIN ST
KEOSAUQUA,IA52565 		NONE GOV FITNESS CENTER EQUIP 900
VAN BUREN COUNTY SCHOOLS MUSIC

1313 1ST ST
KEOSAUQUA,IA52565 		NONE GOV BAND EQUIPMENT 6,500
VAN BUREN COUNTY SCHOOLS

1313 1ST ST
KEOSAUQUA,IA52565 		NONE GOV 10TH & 12TH GRADE TRIPS TO ST LOUIS 10,000
VAN BUREN COUNTY SCHOOLS

1313 1ST ST
KEOSAUQUA,IA52565 		NONE GOV PORTABLE SOUND SYSTEM 10,000
Total ................................. right arrow 3b 151,800
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 ....         260
3 Interest on savings and temporary cash
investments ........... 		    14 384  
4 Dividends and interest from securities ....     14 196,466  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     14    
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    14    
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) ..   196,850 260
13Total. Add line 12, columns (b), (d), and (e)..................
13
197,110
(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.)
02 BOARD MEMBERS PAY DUES TO THE VAN BUREN FOUNDATION INC THE MEMBERSMEET TWICE EACH YEAR TO REVIEW GRANT APPLICATION
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)
Yes
 
(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
1a(1) 6,000 MILTON LIONS CLUB VILLAGE OF VAN BUREN DEPOT EXTERIOR REPAIRS OPERATIONAL EXP & TECH
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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THE VAN BUREN FOUNDATION INC
 
Employer identification number

42-6062589
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE VAN BUREN FOUNDATION INC
  		Employer identification number
42-6062589
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
RICHARD NANCY PERKINS
29 ACORN CT
 
IOWA CITY, IA52246

$ 220,332


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
KATHY MANNING
PO BOX 554
 
KEOSAUQUA, IA52565

$ 15,420


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE VAN BUREN FOUNDATION INC
  		Employer identification number

42-6062589
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE VAN BUREN FOUNDATION INC
  		Employer identification number

42-6062589
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 21,150 10,575 0 21,150
CONSTRUCTION MANAGEMENT 800 0 0 800

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

TY 2023 DepreciationSchedule
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
KITCHEN CUPBOARDS 1978-10-03 895 895 SL 7 0 0 0  
STAGE IMPROVEMENTS 1979-10-13 4,103 4,103 SL 7 0 0 0  
STAGE IMPROVEMENTS 1979-07-28 4,917 4,917 SL 7 0 0 0  
STAGE SETS 1979-03-31 917 917 SL 7 0 0 0  
STAGE IMPROVEMENTS 1979-03-31 960 960 SL 7 0 0 0  
GAS HOOKUP 1980-09-03 655 655 SL 39 0 0 0  
SEWER 1986-11-21 2,000 2,000 SL 15 0 0 0  
KITCHEN FLOOR 1985-04-25 518 518 SL 39 0 0 0  
NEW WINDOWS 1988-09-30 13,404 13,404 SL 15 0 0 0  
NEW CEILING 1988-12-09 8,200 8,200 SL 15 0 0 0  
RURAL WATER HOOKUPS 1988-06-13 183 183 SL 15 0 0 0  
MEMORIAL BUILDING 1959-01-01 83,186 77,256 SL 39 0 0 0  
STAGE LIGHTING 1989-01-18 13,661 13,661 SL 15 0 0 0  
CONCRETE WORK 1992-09-09 4,675 4,675 SL 15 0 0 0  
REMODEL BATHROOM 1994-02-01 20,000 20,000 SL 20 0 0 0  
SUMP PUMP 1996-05-22 200 200 SL 7 0 0 0  
BUILDING REMODEL 1998-10-01 488,275 303,607 SL 39 12,520 0 0  
LAND IMPROVEMENTS 1998-12-19 1,202 1,202 SL 15 0 0 0  
BUILDING REMODEL 1998-12-31 13,595 8,367 SL 39 349 0 0  
PARKING LOT ADDITION 1999-06-09 212,811 212,811 SL 20 0 0 0  
LANDSCAPING IMPROVEMENT 1999-08-24 8,069 8,069 SL 15 0 0 0  
SIGN 1999-08-10 2,075 2,075 SL 7 0 0 0  
ELECTRICAL SYSTEM 1999-09-03 35,297 35,297 SL 15 0 0 0  
12X16 UTILITY SHED 2000-02-24 1,943 1,943 SL 15 0 0 0  
PARKING LOT ADDITION 2000-11-06 9,576 9,576 SL 20 0 0 0  
KITCHEN CABINETS 2001-04-26 3,295 3,295 SL 5 0 0 0  
SIDEWALK 2001-06-07 1,980 1,980 SL 15 0 0 0  
NEW DOOR 2001-07-12 945 945 SL 15 0 0 0  
2 FURNACES 2001-12-15 4,130 4,130 SL 15 0 0 0  
4 STEP STAIRS 2002-12-05 535 535 SL 7 0 0 0  
NEW WIRING AND LIGHTING 2003-08-18 5,095 5,095 SL 15 0 0 0  
AIR CONDITIONER CONF 2004-03-26 1,718 1,718 SL 7 0 0 0  
AIR CONDITIONER 2004-09-07 3,867 3,867 SL 7 0 0 0  
IRRIGATION SYSTEM 2005-08-08 6,345 6,345 SL 7 0 0 0  
STORAGE SHED 2005-11-17 3,120 2,665 SL 20 156 0 0  
LANDSCAPING 2005-09-13 890 890 SL 15 0 0 0  
NEW FLOORING 2006-02-15 13,439 13,439 SL 15 0 0 0  
REMODELING 2006-03-20 62,112 52,020 SL 20 3,106 0 0  
KITCHEN REMODELING 2007-12-15 8,530 6,432 SL 20 426 0 0  
NEW CEILING AND LIGHTS 2008-06-18 21,994 15,947 SL 20 1,100 0 0  
LIGHTS AND ISNTALLATION 2009-03-10 7,813 5,405 SL 20 391 0 0  
NEW BATHROOM FLOOR TILE 2011-02-10 20,890 12,445 SL 20 1,044 0 0  
PARKING LOT IMPROVEMENTS 2011-07-11 15,136 11,604 SL 15 1,009 0 0  
AIR CONDITIONING SYSTEM 2012-07-07 32,175 22,522 SL 15 2,145 0 0  
FENCE 2015-08-05 4,578 0 SL 0 0 0 0  
NEW REPLACEMENT ROOF 2017-12-31 143,767 28,754 SL 25 5,751 0 0  
FURNACE 2017-12-21 6,334 2,110 SL 15 422 0 0  
ADDITIONAL ROOF COST 2018-02-28 24,862 4,805 SL 25 994 0 0  
ADDITIONAL ROOF COSTS 2018-09-30 31,086 5,284 SL 25 1,243 0 0  
KITCHEN EQUIPMENT 1978-12-20 3,788 3,788 SL 15 0 0 0  
KAWAI GRAND PIANO 1979-02-04 4,600 4,600 SL 7 0 0 0  
KITCHEN EQUIPMENT 2008-07-09 331 331 SL 5 0 0 0  
12 TABLES 1981-12-14 1,301 1,301 SL 7 0 0 0  
SOUND SYSTEM 1981-11-09 175 175 SL 7 0 0 0  
SOUND SYSTEM 1982-01-16 921 921 SL 7 0 0 0  
WIRING 1982-06-02 802 802 SL 7 0 0 0  
WATER HEATER 1983-11-01 667 667 SL 7 0 0 0  
PUMP 1983-12-16 111 111 SL 7 0 0 0  
10 TABLES 2 TABLE TR 1984-11-14 1,047 1,047 SL 7 0 0 0  
SPEACH DIRECTOR 11 1985-11-25 439 439 SL 5 0 0 0  
FLOOR COVERING 1986-02-14 1,239 1,239 SL 39 0 0 0  
MICROWAVE 1990-12-22 232 232 SL 7 0 0 0  
CHAIRS 1991-02-27 930 930 SL 7 0 0 0  
RACK 1991-04-23 307 307 SL 7 0 0 0  
CHAIR TRUCK 1992-04-16 189 189 SL 7 0 0 0  
CHAIRS 1992-02-18 930 930 SL 7 0 0 0  
SOUND SYSTEM 1992-09-30 3,076 3,076 SL 7 0 0 0  
12 TABLES 1992-10-12 1,399 1,399 SL 7 0 0 0  
MICROPHONES 1992-09-30 1,674 1,674 SL 7 0 0 0  
CHAIRS 1995-02-21 1,460 1,460 SL 7 0 0 0  
12 TABLES 1995-05-31 1,490 1,490 SL 7 0 0 0  
CARPET 1998-10-29 499 499 SL 15 0 0 0  
MINI BLINDS 1998-05-15 970 970 SL 15 0 0 0  
COFFEE POTS 1998-06-30 235 235 SL 7 0 0 0  
MATS SHELVES 1998-07-14 531 531 SL 3 0 0 0  
VACUUM SWEEPER 1998-11-03 103 103 SL 5 0 0 0  
DEHUMIDIFIER 1998-12-05 168 168 SL 7 0 0 0  
BOARD ROOM CONF TABLE 1999-03-15 1,351 1,351 SL 7 0 0 0  
18 EXECUTIVE CHAIRS 1999-03-15 4,583 4,583 SL 7 0 0 0  
12 TABLES 1999-03-20 1,511 1,511 SL 7 0 0 0  
CHAIRS 2000-12-20 2,478 2,478 SL 7 0 0 0  
SNOWBLOWER 2001-01-03 415 415 SL 7 0 0 0  
2 AUDIT TECHNICA MICS 2002-10-21 245 245 SL 7 0 0 0  
6 TABLES 2002-07-03 1,042 1,042 SL 7 0 0 0  
SELECT SCRUB MACHINE 2002-08-06 4,020 4,020 SL 7 0 0 0  
REFRIGERATOR COOLER 2003-10-24 2,759 2,759 SL 7 0 0 0  
14 ROUND TABLES 2005-01-04 4,377 4,377 SL 7 0 0 0  
ROUND TABLES 2005-05-02 2,008 2,008 SL 7 0 0 0  
12 ROUND TABLES 2005-05-20 5,424 5,424 SL 7 0 0 0  
NEW STAGE CURTAINS 2006-10-09 7,150 7,150 SL 7 0 0 0  
10 TABLES AND CART 2008-11-07 1,157 1,157 SL 7 0 0 0  
LT2042 LAWN MOWER 2007-11-05 1,880 1,880 SL 7 0 0 0  
FILE CABINET 2010-02-09 999 999 SL 10 0 0 0  
100 CHAIRS 2013-08-21 2,782 2,596 SL 10 186 0 0  
TABLES 2014-06-02 2,094 2,094 SL 7 0 0 0  
FLOOR MACHINE 2017-10-30 5,986 4,418 SL 7 855 0 0  
BATTERY UPGRADE 2017-11-02 536 397 SL 7 77 0 0  
LAND 1955-10-09 1,000 0 SL 0 0 0 0  
PARKING LOT IMPOROVEMENTS 2019-12-31 18,909 3,783 SL 15 1,261 0 0  
ROOF REPAIR 2020-10-07 4,404 4,404 SL 25 0 0 0  
GATE REFURBISHMENT 2020-08-26 8,085 8,085 SL 15 0 0 0  
BLEACHERS 2021-12-10 31,200 1,690 SL 20 1,560 0 0  
16 HI-BACK CHAIRS 2023-08-17 5,650 0 SL 5 565 0 0  
CARPET 2023-03-31 3,056 0 SL 5 306 0 0  
PARKING LOT LIGHT POLES 2023-11-30 4,583 0 SL 7 327 0 0  
SIDEWALK 2023-07-03 40,334 0 SL 15 1,344 0 0  
BUILDING IMPROVEMENTS 2023-08-17 77,541 0 SL 39 746 0 0  
ROOF REPAIR 2023-06-12 8,812 0 SL 39 122 0 0  

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TY 2023 ExpenditureResponsibilityStmt
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
MILTON LIONS CLUB 607 W HARRISON
MILTON,IA52570 		2023-05-09 6,000 DEPOT EXTERIOR REPAIRS 0        
VILLAGES OF VAN BUREN PO BOX 9
KEOSAUQUA,IA52565 		2023-11-14 35,000 OPERATIONAL EXPENSES 35,000   11-22-2023 2023-11-22 RECEIPTS TOTAL MORE THAN DISBURSEMENT REQUESTED
VILLAGES OF VAN BUREN PO BOX 9
KEOSAUQUA,IA52565 		2023-05-09 3,000 TECHNOLOGY UPDATE 3,000   05-22-2023 2023-05-22 RECEIPTS TOTAL MORE THAN DISBURSEMENT REQUESTED

TY 2023 InvestmentsCorpStockSchedule
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Name of Stock End of Year Book Value End of Year Fair Market Value
EDWARD JONES STOCKS & MF 6,253,277 6,253,277
VANGUARD DAUGHRITY 1,233,275 1,233,275
VANGUARD FINNEY 941,595 941,595

TY 2023 LandEtcSchedule2
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND 1,000 0 1,000 1,000
BUILDING FURNITURE & IMPROVEMENTS 1,640,938 1,077,972 562,966 562,966


TY 2023 OtherDecreasesSchedule
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Description Amount
BOOK TO TAX DIFFERENCES 2,467
PRIOR YEAR ADJUSTMENT 695
ROUNDING ADJUSTMENT 3


TY 2023 OtherExpensesSchedule
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES 45 0 0 45
INSURANCE 6,650 0 0 6,650
JANITORIAL 8,763 0 0 8,763
MAINTENANCE 24,261 0 0 24,261
REPAIRS 434 0 0 434
SUPPLIES 458 0 0 458
UTILITIES 13,686 0 0 13,686
LOANS FORGIVEN 10,471 0 0 10,471
OFFICE EXPENSE 605 0 0 0
BANK FEES 5 0 0 0
SMALL EQUIPMENT 1,782 0 0 0


TY 2023 OtherIncomeSchedule2
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
DIRECTOR FEES 260 0 0


TY 2023 OtherIncreasesSchedule
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Description Amount
UNREALIZED GAINS 577,310


TY 2023 SubstantialContributorsSch
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Name Address
RICHARD PERKINS 29 ACORN ST
IOWA CITY,IA52246


TY 2023 TaxesSchedule
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX EXPENSE 2,228 0 0 0
INCOME TAX EXPENSE 695 0 0 0