TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023

Name of foundation
METZGER TRUST FBO VILLAGE OF PLYMOUTH

Number and street (or P.O. box number if mail is not delivered to street address)201 CLOCK TOWER DRIVE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
EAST PEORIA, IL61611

A Employer identification number

83-6162496

B Telephone number (see instructions)

(309) 407-3910

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$7,232,132J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	208,081		208,081
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		37,595
b	Gross sales price for all assets on line 6a 898,736
7	Capital gain net income (from Part IV, line 2)...			37,595
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	245,676		245,676
13	Compensation of officers, directors, trustees, etc.	49,762		37,322		12,441
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	1,709	1,709		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	138			15
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	51,609		39,031	0	12,456
25	Contributions, gifts, grants paid.......	328,346				328,346
26	Total expenses and disbursements. Add lines 24 and 25	379,955		39,031	0	340,802
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-134,279
b	Net investment income (if negative, enter -0-)			206,645
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	569,359	151,396	151,396
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	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).......	3,549,878	List of Attached Documents: // Content 3,674,586	4,876,257
	c	Investments—corporate bonds (attach schedule).......	2,060,245	List of Attached Documents: // Content 2,254,830	2,204,479
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	36,128		0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	6,215,610	6,080,812	7,232,132
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	6,215,610	6,080,812
	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).....	6,215,610	6,080,812
	30	Total liabilities and net assets/fund balances (see instructions).	6,215,610	6,080,812

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

6,215,610

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

-134,279

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

List of Attached Documents:

// Content

1,117

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

6,082,448

Decreases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

1,636

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

6,080,812

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	150000. QUALCOMM INC FR 2.6%013023	2019-10-25	2023-01-30
b	200. DISCOVER FINL SVCS COM	2020-02-24	2023-02-16
c	400. DISCOVER FINL SVCS COM	2019-03-15	2023-02-16
d	150000. UNITED PARCEL SVCS INC SR NT 2.5%23	2019-03-20	2023-04-03
e	75000. PEPSICO INC SR GLBL NT 23	2021-01-28	2023-05-01
	200. EVERSOURCE ENERGY COM	2019-10-29	2023-05-15
	500. EVERSOURCE ENERGY COM	2019-03-15	2023-05-15
	200. GENERAL MLS INC COM	2019-03-15	2023-05-15
	20. ORGANON & CO COMMON STOCK	2019-12-16	2023-05-15
	40. ORGANON & CO COMMON STOCK	2019-03-15	2023-05-15
	100000. WALMART INC SR GLBL NT3.4%23	2019-03-25	2023-06-26
	800. ACTIVISION BLIZZARD INC COM	2021-12-10	2023-07-11
	350. POLARIS INC COM	2021-04-27	2023-10-09
	100000. BRISTOL-MYERS SQUIBB CO SR GLBL NT 23	2019-03-21	2023-11-01
	1500. BP PLC SPONSORED ADR	2020-03-26	2023-11-02
	500. TRUIST FINL CORP COM	2019-03-15	2023-11-02
	200. TRUIST FINL CORP COM	2020-02-24	2023-11-02

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	150,000	152,750	-2,750
b	22,645	14,681	7,964
c	45,291	29,232	16,059
d	150,000	149,145	855
e	75,000	76,007	-1,007
	15,277	16,523	-1,246
	38,193	35,819	2,374
	17,971	9,495	8,476
	416	842	-426
	832	1,540	-708
	100,000	103,536	-3,536
	73,049	46,611	26,438
	33,901	50,458	-16,557
	100,000	102,580	-2,580
	55,253	36,128	19,125
	14,934	25,037	-10,103
	5,974	10,757	-4,783

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			-2,750
b			7,964
c			16,059
d			855
e			-1,007
			-1,246
			2,374
			8,476
			-426
			-708
			-3,536
			26,438
			-16,557
			-2,580
			19,125
			-10,103
			-4,783

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	37,595
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	2,872
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	2,872
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	2,872
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	450
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	5,400
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	5,850
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	106
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,872
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax2,872	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

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

on foundation managers. right arrow

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

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

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

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

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

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

Yes

Website address right arrow

The books are in care of right arrow

MORTON COMMUNITY BANK Telephone no. right arrow

(309) 407-3910

Located at right arrow

201 CLOCK TOWER DRIVEEAST PEORIAIL ZIP+4 right arrow

61611

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

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

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

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

16 No

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

Form 990-PF (2023)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

Yes

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

that were not corrected before the first day of the tax year beginning in 2023? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2023?....................

If "Yes," list the years right arrow

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2023.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
MORTON COMMUNITY BANK List of Attached Documents: // Content	TRUSTEE 1	49,762
201 CLOCK TOWER DRIVE EAST PEORIA,IL61611	TRUSTEE 1	49,762

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

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

6,695,526

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

323,407

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

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

7,018,933

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

7,018,933

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

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

105,284

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

6,913,649

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

345,682

Part X

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

and do not complete this part.)

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

345,682

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

2,872

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

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

2,872

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

342,810

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

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

342,810

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

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

342,810

Part XI

Qualifying Distributions (see instructions)

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

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

340,802

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

340,802

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					342,810
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				340,505
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	0
b From 2019......	0
c From 2020......	0
d From 2021......	0
e From 2022......	0
f Total of lines 3a through e ........		0
4Qualifying distributions for 2023 from Part
XI, line 4: $ 340,802
a Applied to 2022, but not more than line 2a				340,505
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....					297
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2023.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					342,513
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2019....	0
b Excess from 2020....	0
c Excess from 2021....	0
d Excess from 2022....	0
e Excess from 2023....	0

Form 990-PF (2023)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2023	(b) 2022	(c) 2021	(d) 2020	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

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

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

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

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

cAny submission deadlines:

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

Form 990-PF (2023)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
VILLAGE OF PLYMOUTH 200 W MAIN ST PLYMOUTH,IL62367		PC	GENERAL SUPPORT	328,346
Total ................................. 3a				328,346

bApproved for future payment

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

Form 990-PF (2023)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	208,081
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	37,595
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				245,676

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

245,676

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2023)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 CompensationExplanation

Name:

METZGER TRUST FBO VILLAGE OF PLYMOUTH

EIN:

83-6162496

Person Name	Explanation
MORTON COMMUNITY BANK	TRUSTEE FEES

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

METZGER TRUST FBO VILLAGE OF PLYMOUTH

EIN:

83-6162496

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BRISTOL-MYERS SQUIBB CO SR GLB
KIMBERLY CLARK CORP SR GLBL NT	100,810	97,430
QUALCOMM INC FR 2.6%013023
TEXAS INSTRS INC SR GLBL NT 24	99,878	98,968
UNITED PARCEL SERVICE INC SR N
WALMART INC SR GLBL NT3.4%23
HERSHEY CO SR GLBL NT3.2%25	153,323	146,747
JOHNSON & JOHNSON SR GLBL NT 2	151,199	146,869
COCA COLA CO SR GLBL NT 24	149,301	146,612
MERCK & CO. INC SR NT 2.75%25	155,756	146,685
ORACLE CORP SR GLBL NT 24	100,679	97,762
PFIZER INC SR GLBL NT 24	151,367	149,237
BRISTOL-MYERS SQUIBB CO SR GLB	81,326	73,981
PEPSICO INC SR GLBL NT 23
HERSHEY CO GLBL NT 2.05% 24	76,235	72,988
HOME DEPOT INC SR GLBL NT 25	106,090	98,038
PROCTOR & GAMBLE CO SR GLBL NT	150,264	144,964
APPLE INC SR GLBL NT 27	97,521	97,455
QUALCOMM INC FR 3.25%052027	97,110	96,817
WALMART INC SR GLBL NT 4%26	99,860	99,489
CHEVRON CORPORATION SR GLBL NT	142,167	145,107
JOHN DEERE CAPITAL CORPORATION	99,172	102,614
UNITEDHEALTH GROUP INC SR GLBL	145,500	145,676
INTERNATIONAL BUSINESS MACHS S	97,272	97,040

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

METZGER TRUST FBO VILLAGE OF PLYMOUTH

EIN:

83-6162496

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS COM	39,933	55,035
AMERICAN ELEC PWR CO INC COM	60,391	64,976
ALLSTATE CORP COM	28,448	41,994
AMGEN INC COM	47,010	72,005
AMERICAN EXPRESS CO COM	34,092	56,202
BLACKROCK INC COM	32,745	60,885
BRISTOL-MYERS SQUIBB CO COM	47,499	51,310
CONOCOPHILLIPS COM	50,793	92,856
CISCO SYS INC COM	64,108	60,624
CVS HEALTH CORP COM	38,610	55,272
CHEVRON CORP NEW COM	51,942	74,580
DOMINION ENERGY INC COM	42,586	28,200
DEERE & CO COM	44,623	119,961
DISCOVER FINL SVCS COM
DISNEY WALT CO COM DISNEY	34,494	27,087
DTE ENERGY CO COM	52,750	55,130
DUKE ENERGY CORP NEW COM NEW 6	55,007	58,224
ENBRIDGE INC COM	52,580	50,428
EVERSOURCE ENERGY COM
EVERGY INC COM	65,273	62,640
EXELON CORP COM	44,324	50,260
FIRSTENERGY CORP COM	68,524	65,988
GENERAL MLS INC COM	38,330	52,112
GENUINE PARTS CO COM	32,115	41,550
HOME DEPOT INC COM	38,472	69,310
HONEYWELL INTL INC COM	44,875	62,913
JOHNSON & JOHNSON COM	69,333	78,370
JPMORGAN CHASE & CO COM	51,166	85,050
KIMBERLY CLARK CORP COM	35,952	36,453
COCA COLA CO COM	27,372	35,358
ALLIANT ENERGY CORP COM	37,816	41,040
MARSH & MCLENNAN COS INC COM	37,347	75,788
MERCK & CO INC COM	48,185	65,412
MICROSOFT CORP COM	35,032	112,812
NEXTERA ENERGY INC COM	61,568	72,888
ORACLE CORP COM	37,000	73,801
PEPSICO INC COM	34,761	50,952
PROCTER & GAMBLE CO COM	30,773	43,962
PHILIP MORRIS INTL INC COM	53,529	56,448
PNC FINL SVCS GROUP INC COM	25,969	30,970
PPG INDS INC COM	21,933	29,910
QUALCOMM INC COM	29,704	72,315
SCHWAB CHARLES CORP COM	36,266	55,040
SOUTHERN CO COM	46,790	63,108
S&P GLOBAL INC COM	30,376	66,078
AT&T INC COM	53,804	38,594
TRUIST FINL CORP COM
TARGET CORP COM	22,968	42,726
TEXAS INSTRS INC COM	36,716	51,138
UNITEDHEALTH GROUP INC COM	44,420	105,294
US BANCORP DEL COM NEW	49,378	43,280
VERIZON COMMUNICATIONS INC COM	68,672	45,240
WILLIAMS COS INC COM	38,758	62,694
XCEL ENERGY INC COM	57,713	61,910
STANLEY BLACK & DECKER INC	23,696	24,525
OMNICOM GROUP INC	50,463	69,208
MEDTRONIC PLC	37,656	32,952
MONDELEZ INTERNATIONAL INC CLA	54,726	72,430
LOCKHEED MARTIN CORP	43,850	56,655
ENTERGY CORP	81,397	80,952
EASTMAN CHEMICAL CO	60,834	53,892
COMCAST CORP CLASS A	41,859	43,850
AUTOMATIC DATA PROCESSING INC	51,252	69,891
ACCENTURE PLC CLASS A	29,774	52,637
ABBVIE INC	44,583	77,485
APOLLO GLOBAL MANAGEMENT INC O	34,541	55,914
ACTIVISION BLIZZARD INC COM
BROADCOM INC COM	46,660	111,625
BOOZ ALLEN HAMILTON HLDG CORP	46,068	76,746
CIGNA CORP NEW COM	61,607	89,835
AMDOCS LTD SHS	50,089	61,523
ORGANON & CO COMMON STOCK
POLARIS INC COM
REGIONS FINANCIAL CORP NEW COM	133,140	156,978
AMERICAN INTL GROUP INC COM NE	29,493	33,875
CONSTELLATION ENERGY CORP COM	15,944	46,717
EOG RES INC COM	67,955	60,475
EATON CORP PLC SHS	52,886	96,328
INTERCONTINENTAL EXCHANGE INC	38,323	38,529
LINCOLN ELEC HLDGS INC COM	46,441	76,111
EXXON MOBIL CORP COM	54,263	49,990
REINSURANCE GRP OF AMERICA INC	67,261	72,801
RESMED INC COM	44,711	51,606
SERVICE CORP INTL COM	39,545	41,070
SYSCO CORP COM	31,480	36,565
WEC ENERGY GROUP INC COM	61,264	58,919

- TIN:

TY 2023 OtherDecreasesSchedule

Name:

METZGER TRUST FBO VILLAGE OF PLYMOUTH

EIN:

83-6162496

Description	Amount
ACC INT PAID - TO BE NETTED W/ INC IN 24	1,636

- TIN:

TY 2023 OtherExpensesSchedule

Name:

METZGER TRUST FBO VILLAGE OF PLYMOUTH

EIN:

83-6162496

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
STATE CHAR FILING FEE	15	0		15
OTHER MISC NONDED EXPENSES	123	0		0

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

METZGER TRUST FBO VILLAGE OF PLYMOUTH

EIN:

83-6162496

Description	Amount
TIMING ADJUSTMENT	1,117

- TIN:

TY 2023 TaxesSchedule

Name:

METZGER TRUST FBO VILLAGE OF PLYMOUTH

EIN:

83-6162496

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	1,709	1,709		0