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 TOM AND FRANCES LEACH FOUNDATIO
 
Number and street (or P.O. box number if mail is not delivered to street address)1720 BURNT BOAT DRIVE STE 206
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BISMARCK, ND58503
A Employer identification number

45-6012703
B Telephone number (see instructions)

(701) 255-0479
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$28,224,757J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 5,204 5,204  
4 Dividends and interest from securities... 874,018 874,018  
5a Gross rents............ 283,540 283,540  
b Net rental income or (loss) 265,697
6a Net gain or (loss) from sale of assets not on line 10 401,266
b Gross sales price for all assets on line 6a 3,306,005
7 Capital gain net income (from Part IV, line 2)... 401,266
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
1,279,894 738,487  
12 Total. Add lines 1 through 11........ 2,843,922 2,302,515  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 28,500 5,700   22,800
14 Other employee salaries and wages...... 39,187 7,837   31,350
15 Pension plans, employee benefits....... 4,174 835   3,339
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
2,010 2,010    
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
12,950 2,590   10,360
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
214,217 211,547   2,670
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
13,723 5,879    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
1,115    
20 Occupancy.............. 16,172 3,234   12,938
21 Travel, conferences, and meetings....... 32,901 3,000   29,901
22 Printing and publications.......... 17,918 3,583   14,335
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
26,201 21,112   5,089
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 409,068 267,327   132,782
25 Contributions, gifts, grants paid....... 1,460,000 1,460,000
26 Total expenses and disbursements. Add lines 24 and 25 1,869,068 267,327   1,592,782
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 974,854
b Net investment income (if negative, enter -0-) 2,035,188
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............. 34,650 2,491 2,490
2 Savings and temporary cash investments......... 2,859,629 2,261,712 2,261,712
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)....... 10,054,107 Click to see attachment
List of Attached Documents:
// Content
10,659,354 		15,704,482
c Investments—corporate bonds (attach schedule)....... 7,881,941 Click to see attachment
List of Attached Documents:
// Content
8,638,096 		8,659,900
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).......... 1,018,872 Click to see attachment
List of Attached Documents:
// Content
1,263,362 		1,596,173
14 Land, buildings, and equipment: basis right arrow22,844
Less: accumulated depreciation (attach schedule) right arrow16,887 7,072 Click to see attachment
List of Attached Documents:
// Content
5,957 		 
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
100 		Click to see attachment
List of Attached Documents:
// Content
100 		 
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,856,371 22,831,072 28,224,757
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
968 		Click to see attachment
List of Attached Documents:
// Content
815
23 Total liabilities (add lines 17 through 22)......... 968 815
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........... 21,855,403 22,830,257
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........    
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)..... 21,855,403 22,830,257
30 Total liabilities and net assets/fund balances (see instructions). 21,856,371 22,831,072
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
21,855,403
2
Enter amount from Part I, line 27a .....................
2
974,854
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
22,830,257
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
22,830,257
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 US BANK 6300 SHORT TERM P    
b US BANK 6300 LONG TERM P    
c US BANK 3190 SHORT TERM P    
d US BANK 3190 LONG TERM P    
e US BANK 3190 CAPITAL GAINS P    
(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 21,500   28,039 -6,539
b 529,904   394,305 135,599
c 1,050,197   1,040,589 9,608
d 1,703,457   1,441,806 261,651
e 947     947
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       -6,539
b       135,599
c       9,608
d       261,651
e       947
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 2 401,266
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 3,069
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 28,289
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 28,289
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 28,289
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 29,448
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 7,500
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 36,948
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 7
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 8,652
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow8,652 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 arrowND
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.LEACHFOUNDATION.ORG
14
The books are in care ofright arrowTAMI HELMERS Telephone no.right arrow (701) 255-0479

Located atright arrow1720 BURNT BOAT ROAD STE 206BISMARCKND ZIP+4right arrow58501
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
 
 
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
WILLIAM L DANIEL PRESIDENT
000.00 		5,000 0 0
304 E ROSSER AVE SUITE 200
BISMARCK,ND58501
TODD STEINWAND VICE PRESIDE
000.00 		5,000 0 0
PO BOX 5509
BISMARCK,ND58506
DON CLEMENT SECRETARY/TR
000.00 		5,000 0 0
1526 GALLEON PL
BISMARCK,ND58504
BRIAN R BJELLA DIRECTOR
000.00 		4,500 0 0
1050 BOYLAN
BOZEMAN,MT59715
ANN REICH DIRECTOR
000.00 		4,500 0 0
4401 LOOKOUT TRAIL
BISMARCK,ND58504
DAVID L GOODIN DIRECTOR
000.00 		4,500 0 0
1200 W CENTURY AVE
BISMARCK,ND58506
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  
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
US BANK NATIONAL ASSN TRUSTEE INVESTMENT ADVI 210,879
800 NICOLLET MALL
MINNEAPOLIS,MN55402
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
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
26,531,668
b
Average of monthly cash balances.......................
1b
278,959
c
Fair market value of all other assets (see instructions)................
1c
377,500
d
Total (add lines 1a, b, and c).........................
1d
27,188,127
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
 
3
Subtract line 2 from line 1d.........................
3
27,188,127
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
407,822
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
26,780,305
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,339,015
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
1,339,015
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
28,289
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
28,289
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,310,726
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,310,726
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
1,310,726
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,592,782
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
1,592,782
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 1,310,726
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...... 152,680
c From 2020...... 135,793
d From 2021...... 67,121
e From 2022...... 238,534
f Total of lines 3a through e ........ 594,128
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,592,782
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..... 1,310,726
e Remaining amount distributed out of corpus 282,056
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 5 876,184
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) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		876,184
10 Analysis of line 9:
a Excess from 2019.... 152,680
b Excess from 2020.... 135,793
c Excess from 2021.... 67,121
d Excess from 2022.... 238,534
e Excess from 2023.... 282,056
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:
TAMI HELMERS
1720 BURNT BOAT DR STE 206
BISMARCK,ND58502
(701) 255-0479
LEACHFOUNDATION@MIDCONETWORK.COM
bThe form in which applications should be submitted and information and materials they should include:
ONLINE APPLICATION AT WWW.LEACHFOUNDATION.ORG/APPLY
cAny submission deadlines:
JUNE 30 WITH AWARDS MADE ANNUALLY IN NOVEMBER
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
ORGANIZATIONS MUST BE APPROVED 501(C)(3) ENTITIES, PREFERENCE IS GIVEN TO ORGANIZATIONS IN THE UPPER MIDWEST.
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

318 PROJECT

PO BOX 174
BISMARCK,ND58502 		  PC HUMAN TRAFFICKING PUBLIC AWARENESS 30,000

ABUSED ADULT RESOURCE CENTER

218 W BROADWAY
PO BOX 5003
BISMARCK,ND58501 		  PC DOMESTIC VIOLENCE SHELTER OPERATIONS 20,000

AID INCORPORATED

314 W MAIN STREET
MANDAN,ND58554 		  PC SUPPORT TO COMMUNITY MEMBERS IN NEED 10,000

AMERICAN RED CROSS

1720 BURNT BOAT ROAD
SUITE 107
BISMARCK,ND58503 		  PC DISASTER RELIEF IN COMMUNITY 15,000

ANNE CARLSEN CENTER

701 3RD STREET NW
PO BOX 8000
JAMESTOWN,ND58402 		  PC CAPITAL CAMPAIGN FOR BUILDING 20,000

AO1 FOUNDATION INC

2605 NICHOLSON ROAD
SEWICKLEY,PA15143 		  PC MINISTRY PROVIDING SUMMER CAMPS 15,000

BENEFIT FUND OF MCKENZIE HEALTH

709 4TH AVE NE
WATFORD CITY,ND58854 		  PC CAPITAL CAMPAIGN-NEW EQUIPMENT 64,000

BIS-MAN MENTOR SQUAD

600 S 2ND STREET
SUITE 308
BISMARCK,ND58504 		  PC ONE ON ONE CHILD MENTORING W/ ADULT 7,500

BISMARCK ART & GALLERIES ASSOC

422 E FRONT AVENUE
BISMARCK,ND58504 		  PC PROFESSIONAL ART GALLERIES/WORKSHOPS 7,500

BISMARCK CANCER CENTER FOUNDATION

500 N 8TH STREET
BISMARCK,ND58501 		  PC CAPITAL CAMPAIGN FOR BUILDING 200,000

BISMARCK GLOBAL NEIGHBORS

2700 STATE ST STE F2
BISMARCK,ND58501 		  PC MENTOR/EDUCATE NEW AMERICANS 6,000

BISMARCK LIBRARY FOUNDATION INC

515 N 5TH STREET
BISMARCK,ND58501 		  PC SUMMER READING PROGRAMS IN COMMUNITY 5,000

BISMARCK MEALS ON WHEELS

PO BOX 2132
BISMARCK,ND58502 		  PC PROVIDE/DISTRIBUTE MEALS TO SENIORS 10,000

BISMARCK RECREATION COUNCIL

400 E FRONT AVE
BISMARCK,ND58501 		  PC BIKE SHARE PROGRAM 10,000

BISMARCK STATE COLLEGE FOUNDATION

1255 SCHAFER STREET
BISMARCK,ND58506 		  PC SCHOLARSHIP FUNDING 70,000

BISMARCK YOUTH BASEBALL INC

PO BOX 176
BISMARCK,ND58504 		  PC YOUTH BASEBALL EDUCATION 20,000

BISMARCK-MANDAN CIVIC CHORUS

1605 E CAPITOL AVENUE
BISMARCK,ND58501 		  PC COMMUNITY CHORUS & OUTREACH PROGRAM 5,000

BISMARCK-MANDAN MUSICIANS ASSN

PO BOX 88
MANDAN,ND58554 		  PC MUSIC PROGRAM FOR ELDERLY IN NURSING 5,000

BISMARCK-MANDAN ORCHESTRAL ASSOC

PO BOX 2031
BISMARCK,ND58502 		  PC SYMPHONY PROGRAMS FOR YOUTH 10,000

BOY SCOUTS OF AMERICA- NORTHERN LI

3320 HAMILTON STREET 1
BISMARCK,ND58501 		  PC PROVIDE MEMBER SERVICES TO YOUTH 7,500

CAPITAL CITY YOUNG GUNS

2343 32 1/2 STREET
MANDAN,ND58554 		  PC YOUTH SPORTING CLAY SHOOTING PROGRAM 10,000

CENTRAL DAKOTA CHILDREN'S CHOIR

1810 SCHAFER STREET
SUITE 4
BISMARCK,ND58501 		  PC PROVIDES FREE EDUCATIONAL CONCERTS 6,500

CENTRAL DAKOTA HUMANE SOCIETY

2104 37TH STREET
MANDAN,ND58554 		  PC FUNDING TO BUILD A NEW BUILDING 15,000

DAKOTA BOYS AND GIRLS RANCH

6301 19TH AVE NW
MINOT,ND58701 		  PC SAFETY EQUIPMENT FOR ON CAMPUS 5,000

DAKOTA CHILDREN'S ADVOCACY CENTER

1800 E BROADWAY AVE
BISMARCK,ND58501 		  PC CHILD ABUSE PROGRAM SUPPORT 25,000

DAKOTA COLLEGE AT BOTTINEAU FOUNDAT

105 SIMRALL BOULEVARD
BOTTINEAU,ND58318 		  PC SCHOLARSHIP FOR NURSING PROGRAM 10,000

DAKOTA STAGE INC

412 E MAIN STREET
BISMARCK,ND58501 		  PC VOLUNTEER LED THEATER PRODUCTIONS 15,000

DREAM CENTER

1805 PARK AVE
BISMARCK,ND58504 		  PC FOOD PANTRY, GROCERY DISTRIB, LUNCH 15,000

FELLOWSHIP OF CHRISTIAN ATHLETES

3550 38TJ AVE S UNIT 103
FARGO,ND58104 		  PC CHRISTIAN EDUCATION FOR JR & SR HIGH 10,000

GAIA HOME

PO BOX 4244
BISMARCK,ND58502 		  PC CAPITAL CAMPAIGN-NEW BUILDING 50,000

GATEWAY TO SCIENCE

1810 SCHAFER STREET
SUITE 1
BISMARCK,ND58501 		  PC CAPITAL CAMPAIGN FOR BUILDING 10,000

GIRL SCOUTS DAKOTA HORIZON

1101 S MARION ROAD
SIOUX FALLS,SD57106 		  PC PROVIDE SCHOLARSHIPS AND LEARNING 7,500

GREAT PLAINS FOOD BANK

1720 3RD AVENUE SOUTH
FARGO,ND58102 		  PC FOOD ASSISTANCE PROGRAM 50,000

HEAVEN'S HELPERS SOUP CAFE

220 N 23RD ST
BISMARCK,ND58501 		  PC FEEDING LOW INCOME/HOMELESS HOT MEAL 10,000

HOPE MANOR FOUNDATION

PO BOX 1301
BISMARCK,ND58502 		  PC FUNDING COMMUNITY RECOVERY CENTER 50,000

INTERNATIONAL MUSIC CAMP INC

111 11TH AVENUE SW
SUITE 3
MINOT,ND58701 		  PC SCHOLARSHIP FOR CAMPERS 10,000

MAKE-A-WISH

4143 26TH AVE S
SUITE 104
FARGO,ND58104 		  PC GRANT WISHES FOR ILL CHILDREN 15,000

MINISTRY ON THE MARGINS

201 N 24TH ST
BISMARCK,ND58501 		  PC CAP IMPR FOR HOMELESS SHELTER 64,500

MINOT STATE UNIVERSITY- SPECIAL EDU

500 W UNIVERSITY AVENUE
MINOT,ND58707 		  GOV SCHOLARSHIP IN SPECIAL EDUCATION 10,000

MISSOURI SLOPE AREAWIDE UNITED WAY

515 N 4TH STREET
BISMARCK,ND58501 		  PC BACKPACK FOR KIDS AND BOOKS 25,000

MISSOURI SLOPE AREAWIDE UNITED WAY

514 N 4TH STREET
BISMARCK,ND58501 		  PC CAPITAL CAMPAIGN FOR BUILDING 100,000

MISSOURI VALLEY CHAMBER ORCHESTRA

1129 KEATING DR
BISMARCK,ND58501 		  PC MUSIC EDUC FOR ELEMENTARY 1,500

MISSOURI VALLEY FAMILY YMCA

1608 N WASHINGTON STREET
BISMARCK,ND58501 		  PC FUNDING FOR LEARN & GROW PLAY CENTER 25,000

MORTON COUNTY COUNCIL ON AGING

301 15TH STREET NW
MANDAN,ND58554 		  PC PROVIDE SUPPORT: NUTRITION PROGRAM 10,000

ND FFA FOUNDATION INC

909 BASIN AVENUE
BISMARCK,ND58504 		  PC PROGRAM SUPPORT FOR CONFERENCE 6,000

NDSU FOUNDATION

1241 UNIVERSITY DRIVE N
FARGO,ND58102 		  PC ENGINEERING COLLEGE SCHOLARSHIP PROG 10,000

NEXUS-PATH FAMILY HEALING

600 S 2ND STREET 200
BISMARCK,ND58504 		  PC FOSTER CARE RECRUITMENT & RETENTION 5,000

ND ADULT & TEEN CHALLENGE

1406 2ND ST NW
MANDAN,ND58554 		  PC CAPITAL CAMPAIGN-NEW BUILDING 50,000

NORTHERN PLAINS DANCE

1416 EAST FRONT AVENUE
BISMARCK,ND58504 		  PC FUNDING FOR OUTREACH PROGRAMS 6,500

OPERATION HOMEFRONT INC

1355 CENTRAL PARKWAY S
SAN ANTONIO,TX78232 		  PC FINANCIAL ASSISTANCE FOR MILITARY 5,000

PRIDE INC

1200 MISSOURI AVENUE
BISMARCK,ND58501 		  PC FOR CELEBRATION OF TREES PROGRAM 3,000

REBUILDING TOGETHER GREATER
BISMARCK-MANDAN AREA
PO BOX 874
MANDAN,ND58554 		  PC PROVIDE HOME REPAIRS TO INDIVIDUALS 15,000

SCOTTISH RITE SPEECH THERAPY CENTER

PO BOX 2094
BISMARCK,ND58502 		  PC FREE CHILD SPEECH & LANGUAGE THERAPY 6,000

SLEEPY HOLLOW THEATRE & ARTS PARK

2899 E DIVIDE AVENUE
BISMARCK,ND58501 		  PC CAPITAL IMPROVEMENTS-RETURNED PRIOR -50,000

THE SANTA RUN

4401 LOOKOUT TRAIL
BISMARCK,ND58504 		  PC SUPPORT DRUG & ALCOHOL TREATMENT 15,000

THE VILLAGE FAMILY SERVICE CENTER

2207 E MAIN AVENUE
BISMARCK,ND58501 		  PC BEHAVIORAL HEALTH FOR ALL PROJECT 5,000

THEO ART SCHOOL

1810 SCHAFER STREET
BISMARCK,ND58501 		  PC FUNDING FOR FINE ARTS PROGRAM 6,000

THEODORE ROOSEVELT MEDORA FDN

405 E RIVER ROAD S
MEDORA,ND58645 		  PC FUNDING FOR VETERANS DAY IN MEDORA 50,000

THEODORE ROOSEVELT PRES LIBRARY FD

1611 E CENTURY AVENUE
BISMARCK,ND58503 		  PC CAPITAL CAMPAIGN FOR LIBRARY 20,000

TRACY'S SANCTUARY HOUSE

908 N 8TH STREET
BISMARCK,ND58501 		  PC COMMUNITY HOSPITAL HOSPITALITY HOUSE 10,000

UNIVERSITY OF JAMESTOWN

6082 COLLEGE LANE
JAMESTOWN,ND58401 		  PC SCHOLARSHIP FUND 10,000

UNIVERSITY OF MARY

7500 UNIVERSITY DRIVE
BISMARCK,ND58504 		  PC SCHOLARSHIP FUND LOW INCOME STUDENTS 10,000

UNIVERSITY OF ND ALUMNI ASSOC FDN

3501 UNIVERSITY AVENUE
STOP 8157
GRAND FORKS,ND58202 		  PC SCHOLARSHIP FOR ENERGY LAW STUDENTS 10,000

VOLUNTEER CAREGIVER EXCHANGE

600 S SECOND STREET 8
BISMARCK,ND58504 		  PC VOLUNTEER CAREGIVER EXCHANGE PROGRAM 10,000

WELCOME HOUSE INC

617 N 7TH STREET
BISMARCK,ND58501 		  PC PROVIDE TEMP SHELTER AND RESOURCES 10,000

WESTERN ND HONOR FLIGHT

PO BOX 265
BISMARCK,ND58502 		  PC HONOR FLIGHT FOR VETERANS 100,000

YOUNG LIFE- BISMARCK & MANDAN

505 E MAIN AVENUE
SUITE 50
BISMARCK,ND58501 		  PC FUNDS FOR OUTREACH AND CAMP PROGRAMS 35,000

YOUNG LIFE- STANDING ROCK

820 W CENTRAL AVENUE
BISMARCK,ND58501 		  PC VITAL MINISTRY ON RESERVATION 25,000
Total .................................right arrow 3a 1,460,000
bApproved for future payment

ANNE CARLSEN CENTER
701 3RD STREET NW
PO BOX 8000
JAMESTOWN,ND58402 		  PC CAPITAL CAMPAIGN FOR BUILDING 60,000

BISMARCK STATE COLLEGE FOUNDATION
1255 SCHAFER ST
BISMARCK,ND58501 		  PC CAPITAL CAMPAIGN-ATHLETIC BUILDING 190,000

THEODORE ROOSEVELT MEDORA FDN
405 E RIVER ROAD S
MEDORA,ND58645 		  PC CONSTRUCTION OF EMPLOYEE HOUSING 200,000

SLEEPY HOLLOW THEATRE & ARTS PARK
2899 E DIVIDE AVENUE
BISMARCK,ND58501 		  PC CAPITAL IMPROVEMENTS 250,000

THEODORE ROOSEVELT PRES LIBRARY FD
1611 E CENTURY AVENUE
BISMARCK,ND58503 		  PC CAPITAL CAMPAIGN TO BUILD LIBRARY 40,000

BENEFIT FUND OF MCKENZIE HEALTH
709 4TH AVE NE
WATFORD CITY,ND58854 		  PC CAPITAL CAMPAIGN-NEW EQUIPMENT 120,000

DAKOTA CHILDREN'S ADVOCACY CENTER
1800 E BROADWAY AVE
BISMARCK,ND58501 		  PC CHILD ABUSE PROGRAM SUPPORT 50,000

GAIA HOME
PO BOX 4244
BISMARCK,ND58502 		  PC CAPITAL CAMPAIGN-NEW BUILDING 200,000

MINISTRY ON THE MARGINS
201 N 24TH ST
BISMARCK,ND58501 		  PC CAPITAL IMPR-HOMELESS SHELTER 50,000

ND ADULT & TEEN CHALLENGE
1406 2ND ST NW
MANDAN,ND58554 		  PC CAPITAL CAMPAIGN-BUILDING ADDITION 50,000
Total ................................. right arrow 3b 1,210,000
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 ........... 		    14 5,204  
4 Dividends and interest from securities ....     14 874,018  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 265,697  
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    14 401,266  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aTHOMAS W. LEACH TRUST-NONTA 		    14 541,407  
bTHOMAS W. LEACH TRUST     15 738,487  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   2,826,079  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,826,079
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE TOM AND FRANCES LEACH FOUNDATIO
EIN:
45-6012703
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 12,950 2,590   10,360

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

TY 2023 DepreciationSchedule
Name:
THE TOM AND FRANCES LEACH FOUNDATIO
EIN:
45-6012703
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
FURNITURE & EQUIP - OLD 1985-01-01 4,058 4,058 S/L 5.0000        
MICROWAVE 1994-12-15 180 180 S/L 10.0000        
RECEPTIONIST CHAIR 2001-02-28 95 95 S/L 7.0000        
WOODEN DESK - USED 2001-05-31 137 137 S/L 7.0000        
COMP DESK & CHAIR - USED 2001-08-31 122 122 S/L 7.0000        
CALCULATOR 2002-03-31 90 90 S/L 7.0000        
COMPUTER SYSTEM & MONITOR 2003-07-31 1,534 1,534 S/L 5.0000        
ACCESS SOFTWARE 2004-07-31 225 225 S/L 5.0000        
2 USED CHAIRS/1 USED TABL 2004-11-30 90 90 S/L 7.0000        
9 CHAIRS/2 TABLES 2005-08-31 500 500 S/L 7.0000        
SHREDDER 2006-06-30 137 137 S/L 5.0000        
LEASEHOLD IMPROVEMENTS 1985-01-01 3,228 3,228 S/L 7.0000        
QUICKBOOKS SOFTWARE 2008-09-25 356 356 S/L 3.0000        
BASYX OFFICE CHAIR 2008-10-17 320 320 S/L 7.0000        
HP COMPUTER 2014-10-09 744 744 S/L 5.0000        
CANON SCANNER 2015-01-14 478 478 S/L 5.0000        
COMPUTER & SERVER 2017-12-18 2,215 1,905 S/L 5.0000 62      
ADD LABOR - 2017 COMPUTER 2018-03-22 1,000 1,000 S/L 5.0000        
FIREPROOF FILE CABINET 2021-12-31 1,400 200 S/L 7.0000 200      
PRINTER COPIER 2021-12-31 50 10 S/L 5.0000 10      
CHAIR 2021-12-31 50 7 S/L 7.0000 7      
DESK W/ LATERAL FILE CABI 2021-12-31 80 11 S/L 7.0000 12      
VACUUM CLEANER 2021-12-31 20 4 S/L 5.0000 4      
2 FIREPROOF FILE CABINETS 2022-08-03 5,735 341 S/L 7.0000 820      

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE TOM AND FRANCES LEACH FOUNDATIO
EIN:
45-6012703
Name of Bond End of Year Book Value End of Year Fair Market Value
FIXED INCOME HELD AT US BANK 8,638,096 8,659,900

TY 2023 InvestmentsCorpStockSchedule
Name:
THE TOM AND FRANCES LEACH FOUNDATIO
EIN:
45-6012703
Name of Stock End of Year Book Value End of Year Fair Market Value
EQUITIES HELD AT US BANK 7,117,154 9,983,338
EQUITY FUNDS-M&P CUSTODY ACCT 3,542,200 5,721,144

TY 2023 InvestmentsOtherSchedule2
Name:
THE TOM AND FRANCES LEACH FOUNDATIO
EIN:
45-6012703
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
OIL & GAS PROPERTIES AT COST 100,206 374,522
REAL ESTATE INV HELD AT US BANK AT COST 1,163,156 1,221,651

TY 2023 LandEtcSchedule2
Name:
THE TOM AND FRANCES LEACH FOUNDATIO
EIN:
45-6012703
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
  22,844 16,887 5,957  


TY 2023 LegalFeesSchedule
Name:
THE TOM AND FRANCES LEACH FOUNDATIO
EIN:
45-6012703
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 2,010 2,010    


TY 2023 OtherAssetsSchedule
Name:
THE TOM AND FRANCES LEACH FOUNDATIO
EIN:
45-6012703
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
KOPP PROPERTY 100 100  


TY 2023 OtherExpensesSchedule
Name:
THE TOM AND FRANCES LEACH FOUNDATIO
EIN:
45-6012703
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OIL & GAS ROYALTIES        
GROSS PRODUCTION TAXES 15,964 15,964    
CANADIAN EXCHANGE 1,879 1,879    
EXPENSES        
INSURANCE 7,795 2,706   5,089
OTHER EXPENSES 563 563    


TY 2023 OtherIncomeSchedule2
Name:
THE TOM AND FRANCES LEACH FOUNDATIO
EIN:
45-6012703
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
THOMAS W. LEACH TRUST-NONTAX 541,407    
THOMAS W. LEACH TRUST 738,487 738,487  


TY 2023 OtherLiabilitiesSchedule
Name:
THE TOM AND FRANCES LEACH FOUNDATIO
EIN:
45-6012703
Description Beginning of Year - Book Value End of Year - Book Value
PAYROLL LIABILITIES 968 815


TY 2023 OtherProfessionalFeesSchedule
Name:
THE TOM AND FRANCES LEACH FOUNDATIO
EIN:
45-6012703
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 210,879 210,879    
OTHER PROFESSIONAL FEES 3,338 668   2,670


TY 2023 TaxesSchedule
Name:
THE TOM AND FRANCES LEACH FOUNDATIO
EIN:
45-6012703
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX ON INVESTMENT INCOME 7,844      
FOREIGN TAX 5,879 5,879