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
BLACKFOOT VALLEY RANCH FOUNDATION
 
% FRIEDMAN & HUEY
Number and street (or P.O. box number if mail is not delivered to street address)20940 S FRANKFORT SQ RD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FRANKFORT, IL60423
A Employer identification number

36-4070274
B Telephone number (see instructions)

(708) 799-6800
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$1,929,935J 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) 55,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 9 9  
5a Gross rents............ 45,750 45,750 45,750
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
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)....... Click to see attachment
List of Attached Documents:
// Content
1,066 1,066 1,066
12 Total. Add lines 1 through 11........ 101,825 46,825 46,816
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 25,000 12,500 12,500 12,500
15 Pension plans, employee benefits....... 2,000 1,000 1,000 1,000
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
860 215 215 645
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,150 0 0 10,150
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,012 0 0 1,012
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
7,172     7,172
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
39,352 39,352 39,352
20 Occupancy.............. 16,199 16,199 16,199  
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
28,474 3,093 3,093 25,381
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 130,219 72,359 72,359 57,860
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 130,219 72,359 72,359 57,860
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -28,394
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets 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............. 32,696 37,654 37,654
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow3,056,184
Less: accumulated depreciation (attach schedule) right arrow1,163,903 1,925,633 Click to see attachment
List of Attached Documents:
// Content
1,892,281 		1,892,281
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,958,329 1,929,935 1,929,935
Liabilities 17 Accounts payable and accrued expenses.......... 2,000 2,000
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,382 		Click to see attachment
List of Attached Documents:
// Content
12,765
23 Total liabilities (add lines 17 through 22)......... 4,382 14,765
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,953,947 1,915,170
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)..... 1,953,947 1,915,170
30 Total liabilities and net assets/fund balances (see instructions). 1,958,329 1,929,935
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
1,953,947
2
Enter amount from Part I, line 27a .....................
2
-28,394
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,925,553
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
10,383
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,915,170
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (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
b
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  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 0
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 425
b Exempt foreign organizations—tax withheld at source...... 6b 0
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.............. 7 425
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 425
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow425 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
 
 
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 arrowIL
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
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowFRIEDMAN & HUEY Telephone no.right arrow (708) 799-6800

Located atright arrow20940 S FRANKFORT SQ RDFRANKFORTIL ZIP+4right arrow60423
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
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JAY PROOPS PRESIDENT&TREASURE-PART TIME
0 		0 0 0
PO BOX 1070
BOCA GRAND,FL33921
M KAY PROOPS SECRETARY&VICE-PRES.-PART TIME
0 		0 0 0
PO BOX 1070
BOCA GRAND,FL33921
PAUL ROOS DIRECTOR - PART TIME
0 		0 0 0
3019 OLD POND ROAD
MISSOULI,MT59802
JENNIFER KEENAN VICE-PRES. - PART TIME
0 		0 0 0
721 ROGER AVENUE
KENILWORTH,IL60043
D GRANT PROOPS VICE-PRES. - PART TIME
0 		0 0 0
471 MERRIMAC STREET
NEWBERRYPORT,MA01950
MARY-AUDREY ATTEBERRY VICE-PRES.- PART TIME
0 		0 0 0
769 FOXDALE AVENUE
WINNETKA,IL60093
J TYLER PROOPS VICE-PRES. - PART TIME
0 		0 0 0
1105 STEPHENS AVENUE 3B
MISSOULA,MT59801
BRUCE HUEY ASSISTANT SECRETARY-PART TIME
0 		0 0 0
20940 S FRANKFORT SQ RD
FRANKFORT,IL60423
ROBERT JACOBSON ASSISTANT SECRETARY-PART TIME
0 		0 0 0
627 LANDWEHR ROAD
NORTHBROOK,IL60062
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
 
Total number of other employees paid over $50,000...................right arrow  
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
 
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 N/A 0
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
22,051
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
22,051
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
22,051
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
331
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
21,720
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,086
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
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
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
 
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
57,860
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
6,000
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
63,860
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  
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......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$  
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.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(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  
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 .......... 		 
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) ... 		 
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
1997-06-13
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
1,086 1,486 0 1,069 3,641
b 85% (0.85) of line 2a ......... 923 1,263 0 909 3,095
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		63,860 65,638 65,620 54,606 249,724
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 .... 		63,860 65,638 65,620 54,606 249,724
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ...... 1,929,935 1,958,329 1,995,787 1,897,878 7,781,929
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		 1,892,281 1,925,633 1,949,485 1,864,144 7,631,543
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		724 991 876 713 3,304
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) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
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).)
JAY PROOPS AND M KAY PROOPS
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
FRIEDMAN HUEY ASSOCIATES LLP
20940 S FRANKFORT SQ RD
FRANKFORT,IL60423
(708) 799-6800
bThe form in which applications should be submitted and information and materials they should include:
NONE
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
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
Total .................................right arrow 3a  
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 9  
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 ............ 		         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER AGRICULTURAL RECEIPTS 		      1,066  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   1,075  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,075
(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.)
11 MISCELLANEOUS INCOME RECEIVED INCIDENTAL TO OPERATING THE RANCH.
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
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
BLACKFOOT VALLEY RANCH FOUNDATION
 
Employer identification number

36-4070274
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
BLACKFOOT VALLEY RANCH FOUNDATION
  		Employer identification number
36-4070274
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
JAY PROOPS
POBOX 1070
 
BOCA GRANDE, FL33921

$ 55,000


(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.)
(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
BLACKFOOT VALLEY RANCH FOUNDATION
  		Employer identification number

36-4070274
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
BLACKFOOT VALLEY RANCH FOUNDATION
  		Employer identification number

36-4070274
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:
BLACKFOOT VALLEY RANCH FOUNDATION
EIN:
36-4070274
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 10,150 0 0 10,150

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

TY 2023 DepreciationSchedule
Name:
BLACKFOOT VALLEY RANCH FOUNDATION
EIN:
36-4070274
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
FORD 9030 DIESEL T 1996-03-12 65,359 65,359 SL 10        
FORD 4110 DIESEL T 1996-03-12 11,061 11,061 SL 10        
1988 KIEFER 30' HO 1996-03-12 4,022 4,022 SL 10        
89 GOOSENECK 8' X 1996-03-12 3,017 3,017 SL 10        
MACDON 7000 1996-03-12 26,144 26,144 SL 10        
M & W BALER 1800 1996-03-12 6,033 6,033 SL 10        
NEW HOLLAND BALER 1996-03-12 10,055 10,055 SL 10        
NEW HOLLAND BALE W 1996-03-12 2,011 2,011 SL 10        
NEW HOLLAND INVERT 1996-03-12 3,017 3,017 SL 10        
10' X 24' HAY RACK 1996-03-12 2,011 2,011 SL 10        
HAY BUSTER 1996-03-12 8,044 8,044 SL 10        
550A JD CRAWLER/BA 1996-03-12 30,166 30,166 SL 10        
ANBO 10' SNOW PLOW 1996-03-12 3,017 3,017 SL 10        
HYDRAULIC POST POU 1996-03-12 1,006 1,006 SL 10        
GRAIN AUGER 1996-03-12 402 402 SL 10        
GRAIN AUGER 1996-03-12 402 402 SL 10        
THREE WHEEL RAKO 1996-03-12 603 603 SL 10        
DITCHER 1996-03-12 603 603 SL 10        
3 PT BALE MOVER 1996-03-12 503 503 SL 10        
12' ROLLER 1996-03-12 1,508 1,508 SL 10        
PASTURE HARROW 1996-03-12 603 603 SL 10        
PASTURE HARROW 1996-03-12 603 603 SL 10        
600 DU GRAINERY 1996-03-12 1,207 1,207 SL 10        
18' X 20' CASE TAN 1996-03-12 3,017 3,017 SL 10        
220 VOLT 5 HP AIR 1996-03-12 553 553 SL 10        
230 AMP 9K LINCOLN 1996-03-12 2,212 2,212 SL 10        
BRAND 1996-03-12 101 101 M5          
REFRIGERATOR 1996-04-13 180 180 SL 10        
6 WHEELER 6 WD W/ 1996-06-30 1,600 1,600 SL 10        
4 WD WITH WENCH FO 1996-06-30 1,600 1,600 SL 10        
2 WD STANDARDS 1996-08-30 1,600 1,600 SL 10        
SWATHER 1997-01-13 25,000 25,000 SL 10        
TRACTOR 1999-05-17 30,500 30,500 SL 10        
SNOW BLOWER 2000-01-19 3,550 3,550 SL 10        
FORK LIFT HEAD 2000-03-16 1,395 1,395 SL 10        
FIRE TRAILER AND T 2000-08-07 2,527 2,527 SL 10        
WHEATHEART POST PO 2001-10-07 4,400 4,400 SL 10        
6 X 6 HARROW SECTI 2001-11-08 2,117 2,117 SL 10        
HAY SPEARS 2002-08-16 418 418 SL 7        
GRADER BLADE 2003-04-24 3,264 3,264 M5 10        
RANGER 6X6 SPRAY T 2004-10-02 9,609 9,609 SL 10        
TRACTOR 2019-04-10 15,033 6,013 SL 10 1,503      
SNOW PLOW 2022-01-10 7,366 1,473 SL 5 1,473      
2022 TETON 20' TIL 2022-08-04 8,550 1,710 SL 5 1,710      
1974 FORD 2 TON PI 1996-03-12 3,821 3,821 SL 5        
80 GAL. PORTABLE F 1996-03-12 201 201 SL 5        
89 FORD F-250 4 WD 1996-04-13 4,000 4,000 SL 5        
89 FORD F-250 4 WD 2003-09-04 4,532 4,532 SL 5        
FIRETRUCK 2005-06-13 3,625 3,625 SL 5        
2008 CHEVY TRUCK 2008-07-06 29,962 29,962 SL 5        
6 WHEELER 2012-06-23 1,004 1,004 SL 5        
NEW TIRES 2012-11-12 1,092 1,092 SL 5        
2015 CHEVROLET SIL 2015-09-30 15,988 15,988 SL 5        
GMC TRUCK 2021-05-28 81,386 32,554 SL 5 16,277      
3 CYLINDER IZUZU D 1996-03-12 5,028 5,028 SL 5        
18HP PROTABLE PUMP 1996-03-12 3,519 3,519 SL 5        
50 GALLON FUEL TAN 1996-03-12 126 126 SL 5        
50 GALLON FUEL TAN 1996-03-12 126 126 SL 5        
2" TRASH PUMP - 16 1996-03-12 302 302 SL 6        
SMALL 2 CYCLE PUMP 1996-03-12 66 66 SL 5        
SPRING DEVELOPMENT 2004-09-15 11,553 11,553 SL 15        
PUMP FOR STOCK WAT 2005-07-19 1,044 1,044 SL 5        
STOCK TANK 2006-05-08 4,166 4,166 SL 7        
STOCK WATER SYSTEM 2006-05-12 4,285 4,285 SL 7        
WELL PUMP & TANK 2006-11-16 2,699 2,699 SL 7        
BUSHES PUMP 2011-10-04 1,152 1,152 SL 7        
RANCH HOUSE 1996-03-12 92,325 61,954 SL 40 2,308      
QUONSET 1996-03-12 1,614 1,614 SL 10        
FLOORING 1996-03-12 1,366 1,366 SL 10        
TELEPHONE SYSTEM 1996-03-12 14,053 14,053 SL 5        
WATER SYSTEM 1996-03-12 5,729 3,842 SL 40 143      
POWER CABLE 1996-03-12 20,808 13,923 SL 40 520      
SHOP IN QOUNSET 1996-03-12 1,526 1,526 SL 10        
REMODELING 1996-03-12 65,289 43,797 SL 40 1,632      
EQUIPMENT SHED 1996-03-12 4,965 4,965 SL 10        
CALVING SHED 1996-03-12 25,660 25,660 SL 10        
HAY BARN 1996-03-12 2,569 2,569 SL 10        
HAY SHED 1996-03-12 905 905 SL 10        
WALL 1996-03-12 6,728 4,512 SL 40 168      
PROPANE TANK 1996-03-12 2,204 1,478 SL 40 55      
HEY SHELTER 1996-03-12 1,053 1,053 SL 10        
HAY SHED 1996-03-12 7,470 7,470 SL 10        
HAY SHED 1996-03-12 4,904 4,904 SL 10        
HAY SHED 1996-03-12 31,570 31,570 SL 10        
BARN - IN SERVICE 1997-09-27 20,709 20,709 SL 10        
MUCHMORE RESTORATI 1997-12-31 114,558 71,599 SL 40 2,864      
FURNACE 1998-09-17 1,853 1,853 SL 10        
PAYMENT ON NEW SHO 1999-09-29 15,010   L 40        
AIR CONDITIONER 2004-07-16 280 280 SL 7        
RANCH HOUSE 2006-10-31 65,800 37,325 SL 28 2,309      
HORSE SHELTER 2009-09-27 6,042 6,042 SL 10        
ROOF & WINDOWS 2011-11-13 10,541 10,541 SL 10        
BARN CONSTRUCTION/ 2012-09-17 25,548 7,020 SL 40 639      
ROOF & WINDOWS 2013-08-06 2,016 2,016 SL 10        
ROOF & WINDOWS 2013-08-23 2,235 2,235 SL 10        
ROAD 1996-03-12 189,851 189,851 SL 15        
LAND IMPROVEMENTS 1996-03-12 11,916 11,916 SL 15        
DITCHES 1996-03-12 1,426 1,426 SL 15        
FENCE 1996-03-12 25,806 25,806 SL 10        
BRIDGE 1998-01-01 6,500 6,500 SL 15        
WARREN CREEK - WAT 2001-01-18 2,800 2,800 SL 15        
WARREN CREEK - 2 P 2001-08-28 665 665 SL 15        
FENCE 2003-10-09 3,953 3,953 SL 15        
FENCE 2004-11-01 3,301 3,301 SL 15        
FENCE 2005-07-31 2,510 2,510 SL 15        
FENCE 2006-08-16 6,209 6,209 M3          
CATTLE GATE 2007-07-16 349 349 SL 15        
GEO-FABRIC FOR WAT 2008-10-24 888 859 SL 15 29      
FENCE 2009-07-30 5,186 4,667 SL 15 346      
FENCE 2010-10-15 1,416 1,180 SL 15 94      
ROAD 2010-08-20 31,103 25,919 SL 15 2,074      
ROAD 2011-11-13 2,272 1,818 SL 15 151      
FENCE 2011-09-27 2,581 2,065 SL 15 172      
FENCE 2012-07-09 3,132 2,297 SL 15 209      
FENCE 2013-11-15 6,783 4,522 SL 15 452      
FENCE-EXPENSED PER 2014-11-05 2,000 1,333 SL 15 133      
ELECTRONIC FENCE 2020-06-23 19,814 3,963 SL 15 1,321      
ELECTRONIC FENCE 2021-07-19 40,543 5,406 SL 15 2,703      
LAND 1996-12-03 1,624,836   L          
STOCK WATER SYSTEM 2005-08-24 2,473 2,473 SL 7        
NEW WELL AND PUMP 2005-10-13 6,256 6,256 SL 15        
INSULATED FIBREGLA 2005-12-26 4,620 4,620 SL 7        
FENCE 2023-10-25 6,000   SL 15 67      

TY 2023 LandEtcSchedule2
Name:
BLACKFOOT VALLEY RANCH FOUNDATION
EIN:
36-4070274
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FORD 9030 DIESEL T 65,359 65,359    
FORD 4110 DIESEL T 11,061 11,061    
1988 KIEFER 30' HO 4,022 4,022    
89 GOOSENECK 8' X 3,017 3,017    
MACDON 7000 26,144 26,144    
M & W BALER 1800 6,033 6,033    
NEW HOLLAND BALER 10,055 10,055    
NEW HOLLAND BALE W 2,011 2,011    
NEW HOLLAND INVERT 3,017 3,017    
10' X 24' HAY RACK 2,011 2,011    
HAY BUSTER 8,044 8,044    
550A JD CRAWLER/BA 30,166 30,166    
ANBO 10' SNOW PLOW 3,017 3,017    
HYDRAULIC POST POU 1,006 1,006    
GRAIN AUGER 402 402    
GRAIN AUGER 402 402    
THREE WHEEL RAKO 603 603    
DITCHER 603 603    
3 PT BALE MOVER 503 503    
12' ROLLER 1,508 1,508    
PASTURE HARROW 603 603    
PASTURE HARROW 603 603    
600 DU GRAINERY 1,207 1,207    
18' X 20' CASE TAN 3,017 3,017    
220 VOLT 5 HP AIR 553 553    
230 AMP 9K LINCOLN 2,212 2,212    
BRAND 101 101    
REFRIGERATOR 180 180    
6 WHEELER 6 WD W/ 1,600 1,600    
4 WD WITH WENCH FO 1,600 1,600    
2 WD STANDARDS 1,600 1,600    
SWATHER 25,000 25,000    
TRACTOR 30,500 30,500    
SNOW BLOWER 3,550 3,550    
FORK LIFT HEAD 1,395 1,395    
FIRE TRAILER AND T 2,527 2,527    
WHEATHEART POST PO 4,400 4,400    
6 X 6 HARROW SECTI 2,117 2,117    
HAY SPEARS 418 418    
GRADER BLADE 3,264 3,264    
RANGER 6X6 SPRAY T 9,609 9,609    
TRACTOR 15,033 7,516 7,517  
SNOW PLOW 7,366 2,946 4,420  
2022 TETON 20' TIL 8,550 3,420 5,130  
1974 FORD 2 TON PI 3,821 3,821    
80 GAL. PORTABLE F 201 201    
89 FORD F-250 4 WD 4,000 4,000    
89 FORD F-250 4 WD 4,532 4,532    
FIRETRUCK 3,625 3,625    
2008 CHEVY TRUCK 29,962 29,962    
6 WHEELER 1,004 1,004    
NEW TIRES 1,092 1,092    
2015 CHEVROLET SIL 15,988 15,988    
GMC TRUCK 81,386 48,831 32,555  
3 CYLINDER IZUZU D 5,028 5,028    
18HP PROTABLE PUMP 3,519 3,519    
50 GALLON FUEL TAN 126 126    
50 GALLON FUEL TAN 126 126    
2" TRASH PUMP - 16 302 302    
SMALL 2 CYCLE PUMP 66 66    
SPRING DEVELOPMENT 11,553 11,553    
PUMP FOR STOCK WAT 1,044 1,044    
STOCK TANK 4,166 4,166    
STOCK WATER SYSTEM 4,285 4,285    
WELL PUMP & TANK 2,699 2,699    
BUSHES PUMP 1,152 1,152    
RANCH HOUSE 92,325 64,262 28,063  
QUONSET 1,614 1,614    
FLOORING 1,366 1,366    
TELEPHONE SYSTEM 14,053 14,053    
WATER SYSTEM 5,729 3,985 1,744  
POWER CABLE 20,808 14,443 6,365  
SHOP IN QOUNSET 1,526 1,526    
REMODELING 65,289 45,429 19,860  
EQUIPMENT SHED 4,965 4,965    
CALVING SHED 25,660 25,660    
HAY BARN 2,569 2,569    
HAY SHED 905 905    
WALL 6,728 4,680 2,048  
PROPANE TANK 2,204 1,533 671  
HEY SHELTER 1,053 1,053    
HAY SHED 7,470 7,470    
HAY SHED 4,904 4,904    
HAY SHED 31,570 31,570    
BARN - IN SERVICE 20,709 20,709    
MUCHMORE RESTORATI 114,558 74,463 40,095  
FURNACE 1,853 1,853    
PAYMENT ON NEW SHO 15,010   15,010  
AIR CONDITIONER 280 280    
RANCH HOUSE 65,800 39,634 26,166  
HORSE SHELTER 6,042 6,042    
ROOF & WINDOWS 10,541 10,541    
BARN CONSTRUCTION/ 25,548 7,659 17,889  
ROOF & WINDOWS 2,016 2,016    
ROOF & WINDOWS 2,235 2,235    
ROAD 189,851 189,851    
LAND IMPROVEMENTS 11,916 11,916    
DITCHES 1,426 1,426    
FENCE 25,806 25,806    
BRIDGE 6,500 6,500    
WARREN CREEK - WAT 2,800 2,800    
WARREN CREEK - 2 P 665 665    
FENCE 3,953 3,953    
FENCE 3,301 3,301    
FENCE 2,510 2,510    
FENCE 6,209 6,209    
CATTLE GATE 349 349    
GEO-FABRIC FOR WAT 888 888    
FENCE 5,186 5,013 173  
FENCE 1,416 1,274 142  
ROAD 31,103 27,993 3,110  
ROAD 2,272 1,969 303  
FENCE 2,581 2,237 344  
FENCE 3,132 2,506 626  
FENCE 6,783 4,974 1,809  
FENCE-EXPENSED PER 2,000 1,466 534  
ELECTRONIC FENCE 19,814 5,284 14,530  
ELECTRONIC FENCE 40,543 8,109 32,434  
LAND 1,624,836   1,624,836  
STOCK WATER SYSTEM 2,473 2,473    
NEW WELL AND PUMP 6,256 6,256    
INSULATED FIBREGLA 4,620 4,620    
FENCE 6,000 67 5,933  


TY 2023 LegalFeesSchedule
Name:
BLACKFOOT VALLEY RANCH FOUNDATION
EIN:
36-4070274
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 860 215 215 645


TY 2023 OtherDecreasesSchedule
Name:
BLACKFOOT VALLEY RANCH FOUNDATION
EIN:
36-4070274
Description Amount
ADJUSTMENT - DUE TO JAY PROOPS 10,383


TY 2023 OtherExpensesSchedule
Name:
BLACKFOOT VALLEY RANCH FOUNDATION
EIN:
36-4070274
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
WORKMANS COMPENSATION 1,872 468 468 1,404
PAYROLL FEES 1,855 464 464 1,391
FUEL 4,237 1,059 1,059 3,178
REPAIRS/MAINTENANCE 10,599     10,599
MISCELLANEOUS 4,719     4,719
LICENSES 165     165
OFFICE EXPENSES 80     80
HEALTH INSURANCE 2,025 1,012 1,012 1,013
BANK CHARGES 60     60
WEED ABATMENT 882     882
TELEPHONE 1,419     1,419
VETERINARYY EXPENSE 359 90 90 269
SOS ANNUAL REPORT 10     10
VEHICLE EXPENSES 192     192


TY 2023 OtherIncomeSchedule2
Name:
BLACKFOOT VALLEY RANCH FOUNDATION
EIN:
36-4070274
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER AGRICULTURAL RECEIPTS 1,066 1,066 1,066


TY 2023 OtherLiabilitiesSchedule
Name:
BLACKFOOT VALLEY RANCH FOUNDATION
EIN:
36-4070274
Description Beginning of Year - Book Value End of Year - Book Value
OTHER LIABILITIES 2,000 2,000
DUE TO JAY PROOPS 382 10,765


TY 2023 OtherProfessionalFeesSchedule
Name:
BLACKFOOT VALLEY RANCH FOUNDATION
EIN:
36-4070274
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER PROFESSIONAL FEES 1,012 0 0 1,012


TY 2023 TaxesSchedule
Name:
BLACKFOOT VALLEY RANCH FOUNDATION
EIN:
36-4070274
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REAL ESTATE TAX 5,186     5,186
PAYROLL TAXES 1,913     1,913
PERSONAL PROPERTY 58     58
STATE TAX 15     15