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 07-01-2023 , and ending 06-30-2024
Name of foundation
CHARLESTON AREA CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)6029 PARK DRIVE SUITE A
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHARLESTON, IL61920
A Employer identification number

37-1172293
B Telephone number (see instructions)

(217) 345-2128
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$12,277,503J 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) 10,050
2 Check right arrow.............
3 Interest on savings and temporary cash investments 1,154 1,154 1,154
4 Dividends and interest from securities... 404,645 404,645 404,645
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 421,635
b Gross sales price for all assets on line 6a 1,355,147
7 Capital gain net income (from Part IV, line 2)... 421,635
8 Net short-term capital gain......... 3
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........ 837,484 827,434 405,802
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,200 4,580   1,620
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
26,428 26,428    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
10,103      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 88     88
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
1,232 1,207   25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 44,051 32,215   1,733
25 Contributions, gifts, grants paid....... 561,697 561,697
26 Total expenses and disbursements. Add lines 24 and 25 605,748 32,215   563,430
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 231,736
b Net investment income (if negative, enter -0-) 795,219
c Adjusted net income (if negative, enter -0-)... 405,802
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.............      
2 Savings and temporary cash investments......... 493,760 215,020 215,012
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) 248,083 Click to see attachment
List of Attached Documents:
// Content
244,084 		252,753
b Investments—corporate stock (attach schedule)....... 2,754,761 Click to see attachment
List of Attached Documents:
// Content
2,836,867 		6,120,124
c Investments—corporate bonds (attach schedule)....... 1,124,100 Click to see attachment
List of Attached Documents:
// Content
1,124,100 		1,185,229
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).......... 3,860,809 Click to see attachment
List of Attached Documents:
// Content
4,293,178 		4,504,385
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,481,513 8,713,249 12,277,503
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)    
23 Total liabilities (add lines 17 through 22).........   0
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........... 8,481,513 8,713,249
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)..... 8,481,513 8,713,249
30 Total liabilities and net assets/fund balances (see instructions). 8,481,513 8,713,249
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
8,481,513
2
Enter amount from Part I, line 27a .....................
2
231,736
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
8,713,249
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
8,713,249
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 361839 FEDERATED HERMES P 2024-01-01 2024-05-17
b 26694 MONEY MKT OBLIGS TR P 2023-02-09 2023-11-06
c 416 apple inc P 2013-07-12 2023-11-06
d 619.886 BARON SELECT FUNDS P 2014-10-27 2023-08-07
e 178 ELI LILLY & COMPANY P 2011-08-08 2023-08-07
38.462 ILLINOIS ST TXBL P 2011-05-19 2014-02-01
274 MICROSOFT CORP P 2009-02-03 2023-11-06
170301 MONEY MKT OBLIGS TR P 2021-01-01 2024-01-01
4920 NISOURCE INC PFD P 2023-02-07 2024-03-15
7840 PRINCIPAL FDS INC P 2017-09-01 2024-01-01
Capital Gain Dividends      
(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 361,839   361,839  
b 26,697   26,694 3
c 73,613   6,418 67,195
d 100,000   21,969 78,031
e 80,004   6,308 73,696
3,846   3,999 -153
92,928   5,160 87,768
170,303   170,308 -5
123,000   124,549 -1,549
280,000   206,268 73,732
      42,917
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a        
b       3
c       67,195
d       78,031
e       73,696
      -153
      87,768
      -5
      -1,549
      73,732
       
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 2 421,635
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
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 11,054
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 11,054
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 11,054
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 12,000
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,000
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  
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 10 946
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow946 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 arrowIL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
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 arrowhttps://www.charlestonfoundation.org
14
The books are in care ofright arrowMichael J Metzger Telephone no.right arrow (217) 345-2128

Located atright arrow6029 PARK DRIVE SUITE ACHARLESTONIL ZIP+4right arrow61920
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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
MARK BLUHM Director
0.50 		0    
2231 Cortland Drive
Charleston,IL61920
JENNIFER L SIPES Secretary
0.50 		0    
2930 WHITETAIL DR
CHARLESTON,IL61920
KELLY P MILLER Treasurer
0.50 		0    
14157 E COUNTY RD 600 N
CHARLESTON,IL61920
MICHAEL J METZGER PRESIDENT
2.00 		0    
6029 PARK DRIVE SUITE A
CHARLESTON,IL61920
DEREK HENNIG Director
0.25 		0    
6054 FOREST HILLS DR
CHARLESTON,IL61920
RICHARD J WILLIAMS Asst Treasurer
0.25 		0    
904 Post Oak Road
charleston,IL61920
JOHN INYART Vice President
0.50 		0    
6801 N COUNTY RD 1200 E
CHARLESTON,IL61920
PAUL TOMSHACK Director
0.50 		0    
13 KICKAPOO PLACE
CHARLESTON,IL61920
CHRISTOPHER SWING Director
0.25 		0    
10794 PRESTIGE DR
LERNA,IL62440
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
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
11,523,837
b
Average of monthly cash balances.......................
1b
315,951
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
11,839,788
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
11,839,788
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
177,597
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
11,662,191
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
583,110
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
583,110
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
11,054
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
11,054
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
572,056
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
572,056
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
572,056
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
563,430
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
563,430
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 7 572,056
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021...... 1,061,577
e From 2022...... 1,377,376
f Total of lines 3a through e ........ 2,438,953
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 563,430
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)........ 		0
d Applied to 2023 distributable amount..... 563,430
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023. 8,626 8,626
(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 2,430,327
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 ...... 		2,430,327
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021.... 1,052,951
d Excess from 2022.... 1,377,376
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
CHARLESTON AREA CHARITABLE FOUNDATI
6029 PARK DRIVE SUITE A
CHARLESTON,IL61920
(217) 345-2128
info@charlestonfoundation.org
bThe form in which applications should be submitted and information and materials they should include:
WRITTEN REQUEST EXPLAINING USE AND PURPOSE OF FUNDS
cAny submission deadlines:
BY 16TH OF MONTH PRECEEDING MEETINGS IN AUG, NOV, FEB, MAY
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
TAX EXEMPT ORGANIZATION IN CHARLESTON OR COLES COUNTY, ILLINOIS
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
EIU SYMPHONY ORCHESTRA


600 Lincoln Avenue
CHARLESTON,IL61920 		N/A PC COMMUNITY ENTERTAINMENT - EIU ORCHESTRAS 10,000
CITY OF CHARLESTON


520 Jackson Ave
CHARLESTON,IL61920 		N/A GOV Sister City II Park Development 250,000
COLES COUNTY FARM BUREAU FOUNDATION


719 West Lincoln
CHARLESTON,IL61920 		N/A PC SCHOLARSHIPS 4,375
COLES COUNTY CRIME STOPPERRS


PO BOX 211
CHARLESTON,IL61920 		N/A PC PROGRAM AWARENESS 2,000
COLES COUNTY BARBERSHOPPERS


5780 N County Road 1540 E
CHARLESTON,IL61920 		N/A PC YOUNG MEN/ WOMEN IN HARMONY FESTIVAL 3,000
CHARLESTON LIBRARY


712 SIXTH STREET
CHARLESTON,IL61920 		N/A GOV SECURITY CAMERAS 22,700
CITY OF CHARLESTON


520 JACKSON AVENUE
CHARLESTON,IL61920 		N/A GOV RED WHITE & BLUE DAYS COMMUNITY CELEBRATION 30,000
CITY OF CHARLESTON


520 Jackson Ave
CHARLESTON,IL61920 		N/A GOV FLOWER BEAUTIFICATION PROJECT 3,750
CORNERSTONE CHRISTIAN ACADEMY


661 B Castle Dr
CHARLESTON,IL61920 		N/A NC CLASSROOM EQUIPMENT 11,759
EASTERN ILLINOIS UNIVERSITY FOUNDAT


600 LINCOLN AVENUE
CHARLESTON,IL61920 		N/A PC TREE REPLACEMENT 3,000
LINCOLN LOG CABIN FOUNDATION


402 South Lincoln Highway Road
LERNA,IL62440 		N/A PC FALL/SUMMER PROGRAM 35,000
CHARLESTON COMM EARLY LEARNING CENT


2206 S 4th Street
CHARLESTON,IL61920 		N/A PC PLAYGROUND EQUIPMENT 50,000
IMMANUEL LUTHERAN


902 Cleveland Ave
CHARLESTON,IL61920 		N/A NC PLAYGROUND EQUIPMENT 34,915
THEATRE IN THE PARK CHARLESTON NFP


13894 E County Rd 620N
CHARLESTON,IL61920 		N/A PC LICENSE FEE, COMMUNITY THEATRE 1,198
LINCOLN LOG CABIN FOUNDATION


402 SOUTH LINCOLN HIGHWAY ROAD
LERNA,IL62440 		N/A PC NATURESCAPE PLAYGROUND 100,000
Total .................................right arrow 3a 561,697
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		        1,154
4 Dividends and interest from securities ....         404,645
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 ............ 		        421,635
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) ..     827,434
13Total. Add line 12, columns (b), (d), and (e)..................
13
827,434
(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: 23017517
Software Version: 2023v5.1


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

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

37-1172293
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
CHARLESTON AREA CHARITABLE FOUNDATION
  		Employer identification number
37-1172293
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
JAMIE ARCHER
703 OAK KNOLL ROAD
 
ROLLA, MO65401

$ 5,000


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
CHARLESTON AREA CHARITABLE FOUNDATION
  		Employer identification number

37-1172293
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
CHARLESTON AREA CHARITABLE FOUNDATION
  		Employer identification number

37-1172293
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID: 23017517
Software Version: 2023v5.1

TY 2023 AccountingFeesSchedule
Name:
CHARLESTON AREA CHARITABLE FOUNDATION
EIN:
37-1172293
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DOEHRING WINDERS & CO - AUDIT 4,300 3,440 0 860
GILBERT, METZGER & MADIGAN, LLP 1,900 1,140 0 760

TY 2023 InvestmentsCorpBondsSchedule
Name:
CHARLESTON AREA CHARITABLE FOUNDATION
EIN:
37-1172293
Software ID:
23017517
Software Version:
2023v5.1
Name of Bond End of Year Book Value End of Year Fair Market Value
AT&T CORP NOTE DTD 3/26/99 248,029 262,213
DAYTON HUDSON CO DEBENTURES 91,367 106,077
GOLDMAN SACHS GROUP INC NOTES 98,663 101,690
BELLSOUTH TELECOM BONDS 103,379 102,687
VERIZON MARYLAND INC BONDS 86,963 95,790
GOLDMAN SACHS CAPITAL I SUBORDINATED 194,640 206,464
ASSURED GUARANTY US HLDG CO GUARNT 101,267 109,553
WESTERN UNION CO NOTES DTD 11/17/06 99,792 101,679
BARCLAYS BANK PLC MULTI STEP UP MED TERM 100,000 99,076

TY 2023 InvestmentsCorpStockSchedule
Name:
CHARLESTON AREA CHARITABLE FOUNDATION
EIN:
37-1172293
Software ID:
23017517
Software Version:
2023v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
PEPSICO INC 522 SH 27,274 86,093
EXXON MOBIL CORP 1120 SH 57,879 128,934
ILLINOIS TOOL WORKS INC. 11,165 137,437
COCA COLA CO 1906 SH 59,546 121,317
ABBOTT LABORATORIES 1310 SH 15,803 136,122
AT&T 2865 SH 42,795 54,750
CISCO SYSTEMS INC 2610 SH 34,256 124,001
WAL MART 714 SH 35,053 145,035
INTEL CORP 2738 SH 49,160 84,796
MICROSOFT CORP 315 SH 5,933 140,789
ALTRIA GROUP INC 1344 SH 12,692 61,219
INTERNATIONAL BUSINESS MACHS 348 SH 29,271 60,187
PFIZER INC 3246 SH 50,774 90,823
UNITEDHEALTH GROUP INC 266 SH 5,670 135,463
CHEVRON CORP 756 SH 27,938 118,254
MCDONALDS CORP 317 SH 28,137 80,784
3M CO 346 SH 17,086 35,358
CONOCOPHILLIPS 1105 SH 38,247 126,390
LOWES COS INC 679 SH 34,702 149,692
PROCTOR & GAMBLE CO 759 SH 47,376 125,174
ELI LILLY & CO 825 SH 11,731 299,681
PHILIP MORRIS INTL INC 770 SH 16,569 78,024
JOHNSON & JOHNSON 761 SH 28,979 66,503
SYSCO CORPORATION 887 SH 20,554 63,323
THE SOUTHERN COMPANY 1430 SH 49,999 110,925
WASTE MGMT INC 759 SH 20,636 161,925
APPLIED MATERIALS INC 848 SH 5,263 99,116
NEXTERA ENERGY INC 1934 SH 24,680 136,947
MARATHON PETROLEUM CORP 1344 SH 64,703 233,157
PHILLIPS 66 - 1061 SH 71,321 149,781
ABBVIE INC 870 SH 11,381 149,222
APPLE INC 558 SH 8,609 117,526
KELLOGG COMPANY 1144 SH 56,379 65,986
MONDELEZ INTL INC 1176 SH 10,691 76,957
NORFOLK SOUTHERN CORP 533 SH 40,477 114,430
VERIZON COMMUNICATIONS 1744 SH 85,341 71,923
MEDTRONIC PLC 1200 SH 92,340 94,452
UNITED PARCEL SERVICE 740 SH 78,138 101,269
US BANCORP NEW 1990 SH 70,848 79,003
SANOFI ADR 1389 SH 60,202 67,394
BLACKROCK INC 122 SH 60,185 96,053
CROWN CASTLE 436 SH 60,036 42,597
KRAFT HEINZ CO 1000 SH 31,740 32,220
RAYTHEON TECHNOLOGIES 586 SH 27,672 58,829
ISHARES ETF IEMG 3045 SH 149,846 162,999
ISHARES MID ETF 3995 SH 398,845 453,273
ISHARES EFT 5362 SH 517,165 521,562
L3HARRIS TECHNOLOGIES 700 SH 25,060 157,206
SPDR PORTFOLIO ETF 99,992 105,967
WK KELLOGG COMPANY 3,611 4,708
SOLVENTUM CORP 3,117 4,548

TY 2023 InvestmentsGovtObligationsSch
Name:
CHARLESTON AREA CHARITABLE FOUNDATION
EIN:
37-1172293
Software ID:
23017517
Software Version:
2023v5.1
US Government Securities - End of Year Book Value:

 
US Government Securities - End of Year Fair Market Value:

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


244,084
State & Local Government Securities - End of Year Fair Market Value:


252,753


TY 2023 InvestmentsOtherSchedule2
Name:
CHARLESTON AREA CHARITABLE FOUNDATION
EIN:
37-1172293
Software ID:
23017517
Software Version:
2023v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
COLUMBIA FUNDS TR SMALL CAP VALUE FUND AT COST 303,411 268,422
BARON SELECT FUNDS PARTNERS FD AT COST 86,861 187,935
PRINCIPAL INV FUND REAL ESTATE AT COST 363,373 415,194
AMERICAN FUNDS AT COST 368,792 377,855
JANUS INVT TRUST AT COST 190,000 149,668
PRINCIPAL FUNDS, INC AT COST 401,096 584,542
INVESCO OPPENHEIMER INT AT COST 393,682 360,164
ENTERGY AR 4.875% PFD AT COST 122,383 108,300
ENTERGY NOLA 5.5% PFD AT COST 99,818 90,306
GEORGIA POWER 5.% PFD AT COST 149,952 149,839
METLIFE INC 5.625% PFD AT COST 281,392 274,227
BANK AMER CORP 5.375% PFD AT COST 157,790 144,366
BRIGHTHOUSE FIN 6.75% PFD AT COST 233,748 230,332
BANK AMER CORP 4.25% PFD AT COST 150,047 157,144
BRUNSWICK CORP 6.625% PFD AT COST 198,384 201,390
SPIRE INC PFD 5.9% AT COST 109,070 96,360
JPMORGAN PFD AT COST 199,960 218,090
ATHENE HOLDING 8000 SH pfd AT COST 189,874 201,200
MORGAN STANLEY 6.5% PFD AT COST 100,051 99,572
MORGAN STANLEY PFD AT COST 93,578 91,520
WR BERKLEY CO 5.1% PFD AT COST 99,916 97,959

TY 2023 OtherExpensesSchedule
Name:
CHARLESTON AREA CHARITABLE FOUNDATION
EIN:
37-1172293
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
IL CHARITY BUREAU FD - ANNUAL FILING FEE 15     15
IL SECRETARY OF STATE - FILING FEE 10     10
UNITED STATES LIABILITY - LIABILITY INS 1,207 1,207    


TY 2023 OtherProfessionalFeesSchedule
Name:
CHARLESTON AREA CHARITABLE FOUNDATION
EIN:
37-1172293
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MGT EXPENSE 26,428 26,428 0 0


TY 2023 TaxesSchedule
Name:
CHARLESTON AREA CHARITABLE FOUNDATION
EIN:
37-1172293
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
federal excise tax 10,103