Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
NEW HOPE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2610 PARK AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MUSCATINE, IA52761
A Employer identification number

42-1395902
B Telephone number (see instructions)

(563) 288-3599
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$23,357,386J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 18,861 18,861  
4 Dividends and interest from securities... 499,049 499,049  
5a Gross rents............ 121,106 121,106  
b Net rental income or (loss) 98,951
6a Net gain or (loss) from sale of assets not on line 10 527,825
b Gross sales price for all assets on line 6a 4,214,281
7 Capital gain net income (from Part IV, line 2)... 527,825
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
-107,724 -107,724 0
12 Total. Add lines 1 through 11........ 1,059,117 1,059,117 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 181,623 18,162 0 163,461
14 Other employee salaries and wages...... 168,742 16,874 0 151,868
15 Pension plans, employee benefits....... 96,580 9,658 0 86,922
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
30,320 15,160 0 15,160
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
3,205 3,205 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,145 0 0 0
19 Depreciation (attach schedule) and depletion... 24,083 9,393 0
20 Occupancy.............. 97,617 16,843 0 80,774
21 Travel, conferences, and meetings....... 1,514 0 0 1,514
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
48,398 7,829 0 40,569
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 654,227 97,124 0 540,268
25 Contributions, gifts, grants paid....... 519,250 519,250
26 Total expenses and disbursements. Add lines 24 and 25 1,173,477 97,124 0 1,059,518
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -114,360
b Net investment income (if negative, enter -0-) 961,993
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 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............. 382,697 300,427 300,427
2 Savings and temporary cash investments......... 355,064 1,732,323 1,732,323
3 Accounts receivable right arrow4,211
Less: allowance for doubtful accounts right arrow   617 4,211 4,211
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.......... 15,643 13,372 13,372
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 18,701,447 Click to see attachment
List of Attached Documents:
// Content
19,244,569 		19,244,569
c Investments—corporate bonds (attach schedule)....... 5,000 Click to see attachment
List of Attached Documents:
// Content
5,000 		5,000
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow2,978,765
Less: accumulated depreciation (attach schedule) right arrow189,653 2,813,194 2,789,112 2,030,400
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
41,047 		Click to see attachment
List of Attached Documents:
// Content
27,084 		Click to see attachment
List of Attached Documents:
// Content
27,084
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,314,709 24,116,098 23,357,386
Liabilities 17 Accounts payable and accrued expenses.......... 1,557 1,427
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)......... 1,557 1,427
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........... 22,313,152 24,114,671
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)..... 22,313,152 24,114,671
30 Total liabilities and net assets/fund balances (see instructions). 22,314,709 24,116,098
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
22,313,152
2
Enter amount from Part I, line 27a .....................
2
-114,360
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,915,879
4
Add lines 1, 2, and 3 ..........................
4
24,114,671
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
24,114,671
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 CHARLES SCHWAB      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,161,058   3,686,456 474,602
b 53,223     53,223
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       474,602
b       53,223
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 527,825
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 13,372
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 13,372
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 13,372
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 25,809
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 25,809
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 12,437
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow12,437 Refundedright arrow 11 0
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowKAREN BROOKHART Telephone no.right arrow (563) 288-3578

Located atright arrow2610 PARK AVEMUSCATINEIA ZIP+4right arrow52761
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ANDREA S WELLS PRESIDENT
40.00 		190,195 8,000 15,919
2610 PARK AVE
MUSCATINE,IA52761
CHRISTOPHER S INGSTAD TREASURER
5.00 		0 0 0
2610 PARK AVE
MUSCATINE,IA52761
CHARLENE KNUTSEN DIRECTOR
1.00 		0 0 0
2610 PARK AVE
MUSCATINE,IA52761
HARRY L KNUTSEN DIRECTOR
1.00 		0 0 0
2610 PARK AVE
MUSCATINE,IA52761
ROBERT H SOLT CHAIRMAN
5.00 		0 0 0
2610 PARK AVE
MUSCATINE,IA52761
DANA D SOLT VICE CHAIRMAN & SECRETARY
1.00 		0 0 0
2610 PARK AVE
MUSCATINE,IA52761
C DIANE NORTON DIRECTOR
1.00 		0 0 0
2610 PARK AVE
MUSCATINE,IA52761
THOMAS K NORTON DIRECTOR
1.00 		0 0 0
2610 PARK AVE
MUSCATINE,IA52761
MARILYN S VOORHEES VICE PRESIDENT
1.00 		0 0 0
2610 PARK AVE
MUSCATINE,IA52761
RICHARD R PHILLIPS ASST. TREASURER
5.00 		0 0 0
2610 PARK AVE
MUSCATINE,IA52761
PETER VOORHEES DIRECTOR
1.00 		0 0 0
2610 PARK AVE
MUSCATINE,IA52761
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
VICTOR MENDOZA EMPLOYEE
40.00 		74,189 8,000 7,865
2610 PARK AVE
MUSCATINE,IA52761
ANDREW EMMERT EMPLOYEE
32.00 		61,247 8,000 20,426
2610 PARK AVE
MUSCATINE,IA52761
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
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 OPERATION AND MAINTENANCE OF OCTAGON PLACE, MUSCATINE, IA AS A HISTORICAL SITE, OFFICES FOR NON-PROFIT ORGANIZATIONS, AND NATURE PRESERVE. 139,363
2 OPERATION AND MAINTENANCE OF SUNSET DRIVE NATURE PRESERVE, MUSCATINE, IA. 42,634
3 SUPPORT FOR UNITED MARRIAGE ENCOUNTER, A 501(C)(3) ORGANIZATION, AND ITS PROGRAM SERVICES TO STRENGTHEN MARRIAGE AND FAMILIES. 34,884
4 COMMUNITY OUTREACH 89,674
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 arrow0
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
20,331,581
b
Average of monthly cash balances.......................
1b
639,352
c
Fair market value of all other assets (see instructions)................
1c
2,035,413
d
Total (add lines 1a, b, and c).........................
1d
23,006,346
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
0
3
Subtract line 2 from line 1d.........................
3
23,006,346
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
345,095
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
22,661,251
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,133,063
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,133,063
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
13,372
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
13,372
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,119,691
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,119,691
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,119,691
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,059,518
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,059,518
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,119,691
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 53,084
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 53,084
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,059,518
a Applied to 2022, but not more than line 2a 0
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..... 1,059,518
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 53,084 53,084
(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 .......... 		7,089
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....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or 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)
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

ALLIANCE DEFENDING FREEDOM

VARIOUS
SCOTTSDALE,AZ85250 		  PC RELIGOUS, CHARITABLE, HUMAN RIGHTS 27,500

ALPHA USA

VARIOUS
NAPERVILLE,IL60540 		  PC EDUCATIONAL, CHARITABLE 10,000

BIBLE STUDY FELLOWSHIP

VARIOUS
SAN ANTONIO,TX78258 		  PC RELIGIOUS, CHARITABLE, EDUCATIONAL 20,000

BIRTHRIGHT OF BLACKHAWK COUNTY

VARIOUS
CEDAR FALLS,IA50613 		  PC CHARITABLE, PREGNANCY SUPPORT, SANCTITY OF LIFE 7,500

CAMP COURAGEOUS

VARIOUS
MONTICELLO,IA52310 		  PC CHARITABLE, CARE OF DISABLED 5,000

CARE NET

VARIOUS
LANSDOWNE,VA20176 		  PC CHARITABLE, PRO-LIFE 2,500

CHARLOTTE LOZIER INSTITUTE

VARIOUS
WASHINGTON,DC20001 		  PC EDUCATIONAL, SCIENTIFIC 2,500

CHRISTAR INTERNATIONAL (ARAB WOMEN TODAY PROJECT)

VARIOUS
RICHARDSON,TX75081 		  PC MINISTRY FOR ARAB WOMEN OF ALL FAITHS 5,000

COMMUNITY FOUNDATION OF GREATER MUSCATINE

VARIOUS
MUSCATINE,IA52761 		  PC CHARITABLE, FINANANCIAL EDUCATION 5,500

COMPASSION INTERNATIONAL

VARIOUS
COLORADO SPRINGS,CO80901 		  PC CHARITABLE, RELIGIOUS, CARE FOR CHILDREN, HELP FOR THE POOR 5,000

CROSSROADS INC

VARIOUS
MUSCATINE,IA52761 		  PC CHARITABLE, EDUCATIONAL 1,500

CRU (CAMPUS CRUSADE FOR CHRIST INTERNATIONAL)

VARIOUS
NEW CUMBERLAND,PA17070 		  PC CHARITABLE, EDUCATIONAL, RELIGIOUS, HEALTH, HELP FOR THE POOR 4,000

DES MOINES CHRISTIAN SCHOOL

VARIOUS
URBANDALE,IA50323 		  PC RELIGIOUS, CHARITABLE OR EDUCATION PURPOSES 17,500

DOCTORS WITHOUT BORDERS

VARIOUS
HAGERSTOWN,MD21740 		  PC HEALTH 8,750

EDUCATIONAL MEDIA FOUNDATION (K-LOVE)

VARIOUS
OMAHA,NE68007 		  PC CHRISTIAN RADIO 4,000

FAITHFUL PRESENCE

VARIOUS
WARRENTON,VA20187 		  PC RELIGIOUS, EDUCATION, CHRISTIAN DISCIPLESHIP 5,000

FLICKINGER LEARNING CENTER

VARIOUS
MUSCATINE,IA52761 		  PC EDUCATIONAL 8,750

FOCUS ON THE FAMILY

VARIOUS
COLORADO SPRINGS,CO80901 		  PC RELIGIOUS, EDUCATIONAL, CHARITABLE, PRO-FAMILY 3,500

GLOBAL CHE ENTERPRISES

VARIOUS
GILBERT,AZ85142 		  PC CHRISTIAN COMMUNITY, NEIGHBORHOOD DEVELOPMENT, IMPROVEMENT 4,000

HEIFER INTERNATIONAL

VARIOUS
LITTLE ROCK,AR72002 		  PC CHARITABLE, EDUCATIONAL, FOOD AND DEVELOPMENT, HELP THE POOR 2,000

HILLSDALE COLLEGE

VARIOUS
HILLSDALE,MI49242 		  PC EDUCATIONAL 3,750

HOPE GRAFTED IN

VARIOUS
LEO,IN46765 		  PC CHARITABLE, HELP FOR THE POOR 5,500

HOPE INTERNATIONAL

VARIOUS
LANCASTER,PA17601 		  PC CHARITABLE, ECONOMIC DEVELOPMENT, FREE ENTERPRISE, HELP FOR THE POOR 27,500

HOUSE OF HOPE

VARIOUS
CEDAR RAPIDS,IA52403 		  PC CHARITABLE, EDUCATIONAL, HELP FOR THE POOR 7,500

INNERVISIONS HEALTHCARE

VARIOUS
WEST DES MOINES,IA50061 		  PC PREGNANCY SUPPORT 15,000

INTERNATIONAL JUSTICE MISSION

VARIOUS
WASHINGTON,DC20001 		  PC HUMAN RIGHTS, CHARITABLE 27,500

IOWA COLLEGE FOUNDATION

VARIOUS
MUSCATINE,IA52761 		  PC EDUCATIONAL, INDEPENDENT COLLEGES 3,000

JESUS MISSION CHURCH

VARIOUS
MUSCATINE,IA52761 		  PC RELIGIOUS, EDUCATIONAL, CHARITABLE, EVANGELISM, HELP FOR THE POOR 7,500

MARRIAGE ENCOUNTER SUPPORT FOUNDATION

VARIOUS
MUSCATINE,IA52761 		  SO II RELIGIOUS, EDUCATIONAL, CHARITABLE, PRO-MARRIAGE 30,000

MATTHEW 25 MINISTRIES

VARIOUS
CINCINATI,OH45201 		  PC INTERNATIONAL HUMANITARIAN AID AND DISASTER RELIEF 16,250

MISSISSIPPI VALLEY FCA

VARIOUS
ELDRIDGE,IA52748 		  PC RELIGIOUS, CHARITABLE, EDUCATIONAL, CHRISTIAN DISCIPLESHIP 15,000

MOODY BIBLE INSTITUTE

VARIOUS
CHICAGO,IL60007 		  PC RELIGOUS, EDUCATIONAL, EVANGELISM 5,000

MUSCATINE CENTER FOR SOCIAL ACTION

VARIOUS
MUSCATINE,IA52761 		  PC EDUCATIONAL, CHARITABLE, HELP FOR THE POOR 17,500

MUSCATINE COMMUNITY COLLEGE

VARIOUS
MUSCATINE,IA52761 		  PC EDUCATIONAL, COMMUNITY COLLEGE 1,000

MUSCATINE COMMUNITY Y

VARIOUS
MUSCATINE,IA52761 		  PC EDUCATIONAL, CHARITABLE, YOUTH, HELP FOR THE POOR 15,000

NORTHWESTERN COLLEGE

VARIOUS
ORANGE CITY,IA51041 		  PC EDUCATIONAL, RELIGIOUS, CHRISTIAN COLLEGE 4,000

PREGNANCY RESOURCES

VARIOUS
DAVENPORT,IA52804 		  PC PREGNANCY SUPPORT, EDUCATION, MEDICAL COUNSELING 9,000

REBUILDING TOGETHER MUSCATINE COUNTY INC

VARIOUS
MUSCATINE,IA52761 		  PC HELP TO REHABILITATE HOMES OF LOW INCOME HOMEOWNERS 9,000

RED BIRD MISSION

VARIOUS
BEVERLY,KY40913 		  PC RELIGOUS, CHARITABLE, COMMUNITY DEVELOPMENT, EDUCATIONAL, HELP FOR THE POOR 4,000

RELIANT MISSIONS

VARIOUS
ORLANDO,FL32832 		  PC RELIGIOUS, EVANGELISM 1,000

RIVERBEND FOOD BANK

VARIOUS
DAVENPORT,IA52802 		  PC CHARITABLE, HELP FOR THE POOR 7,500

SAINTS MARY AND MATHIAS CATHOLIC SCHOOL

VARIOUS
MUSCATINE,IA52761 		  PC RELIGIOUS, CHARITABLE, EDUCATIONAL 17,500

SALT COMPANY AT CANDEO CHURCH

VARIOUS
CEDAR FALLS,IA50613 		  PC RELIGIOUS, CHARITABLE OR EDUCATIONAL 2,500

SALT COMPANY AT CORNERSTONE

VARIOUS
AMES,IA50010 		  PC RELIGIOUS, CHARITABLE OR EDUCATIONAL 10,000

SALT COMPANY AT MERCY HILL CHURCH

VARIOUS
CINCINATI,OH45219 		  PC RELIGIOUS, CHARITABLE OR EDUCATIONAL 7,500

SALT COMPANY AT TREELINE CHURCH

VARIOUS
ANN ARBOR,MI48104 		  PC RELIGIOUS, CHARITABLE OR EDUCATIONAL PURPOSES 2,500

SALT COMPANY AT VERITAS CHURCH

VARIOUS
TIFFIN,IA52340 		  PC RELIGIOUS, CHARITABLE OR EDUCATIONAL 2,500

SAMARITAN'S PURSE

VARIOUS
BOONE,NC28607 		  PC NON-DENOMINATIONAL EVANGELICAL CHRISTIAN RELIEF ORGANIZATION 3,500

SENIOR RESOURCES

VARIOUS
MUSCATINE,IA52761 		  PC CHARITABLE, CARE FOR SENIORS 4,500

SOLE HOPE

VARIOUS
ST JAMES,MO65559 		  PC CHARITABLE, EDUCATIONAL, HELP FOR THE POOR 5,000

SPRING VALLEY BIBLE CAMP

VARIOUS
MUSCATINE,IA52761 		  PC CHARITABLE, EDUCATIONAL, RELIGIOUS 15,000

SUMMER GAMES UNIVERSITY

VARIOUS
DAVENPORT,IA52804 		  PC RELIGIOUS, CHARITABLE OR EDUCATION PURPOSES 4,000

THE BECKET FUND FOR RELIGIOUS LIBERTY

VARIOUS
WASHINGTON,DC20001 		  PC EDUCATIONAL, HUMAN RIGHTS, LIMITED GOVERNMENT 3,000

THE FOUNDATION FOR EVANGELISM

VARIOUS
LAKE JUNALUSKA,NC28745 		  PC RELIGIOUS EDUCATIONAL, EVANGELISM 2,000

THE GATHERING

VARIOUS
TYLER,TX75701 		  PC RELIGIOUS, EDUCATIONAL, CHARITABLE, CHRISTIAN PHILANTHROPY 1,000

THE NAVIGATORS

VARIOUS
COLORADO SPRINGS,CO80934 		  PC RELIGOUS, EDUCATIONAL, CHRISTIAN DISCIPLESHIP, COMMUNITY DEVELOPMENT, HELP FOR THE POOR 3,500

THE PHILANTHROPY ROUNDTABLE

VARIOUS
WASHINGTON,DC20005 		  PC EDUCATIONAL, CHARITABLE, EFFECTIVE PHILANTHROPY 1,000

THE SALVATION ARMY

VARIOUS
MUSCATINE,IA52761 		  PC CHARITABLE, RELIGIOUS, HELD FOR THE POOR 15,000

THREE ROOTS INTERNATIONAL

VARIOUS
FAIRFAX,VA22038 		  PC CHARITABLE, EDUCATIONAL, COMMUNITY DEVELOPMENT, HELP FOR THE POOR 7,500

TMS GLOBAL

VARIOUS
NORCROSS,GA30003 		  PC RELIGIOUS, CHARITABLE, EVANGELISM, MISSIONS 2,500

UNITED MARRIAGE ENCOUNTER

VARIOUS
MUSCATINE,IA52761 		  PC RELIGIOUS, EDUCATIONAL, CHARITABLE, PRO-MARRIAGE 1,750

UP WITH FAMILIES

VARIOUS
DEWITT,IA52742 		  PC EDUCATIONAL, PRO-FAMILY, COMMUNITY SERVICES 5,000

WESLEY UNITED METHODIST CHURCH

VARIOUS
MUSCATINE,IA52761 		  PC CHARITABLE, EDUCATIONAL, RELIGIOUS, CHRISTIAN MUSIC 1,000

WESLEYAN COVENANT ASSOCIATION

VARIOUS
REYNOLDSBURG,OH43068 		  PC RELIGIOUS, EDUCATIONAL 7,500

WORLD RELIEF

VARIOUS
BALTIMORE,MD21201 		  PC RELIGIOUS, CHARITABLE, HELP FOR THE POOR 6,500

WYCLIFFE BIBLE TRANSLATORS

VARIOUS
ORLANDO,FL32789 		  PC RELIGIOUS, EDUCATIONAL, BIBLE TRANSLATION 3,500

DORDT UNIVERSITY

VARIOUS
SIOUX CENTER,IA51250 		  PC EDUCATIONAL, RELIGIOUS, CHRISTIAN COLLEGE 3,000
Total .................................right arrow 3a 519,250
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 18,861  
4 Dividends and interest from securities ....     14 499,049  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 98,951  
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 527,825  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aNEXT LEVEL VENTURES FUND I, LLLP 		    14 -59,787  
bPREFENSE, LLC     14 -12,902  
cOTHER INCOME     01 13,062  
dNEXT LEVEL VENTURES FUND II, LLLP     14 -45,627  
eWORLD BOTTLING CAP, LLC & SUBSIDIARY     14 -2,470  
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,036,962 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,036,962
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
NEW HOPE FOUNDATION
EIN:
42-1395902
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL SERVICES 30,320 15,160 0 15,160

TY 2023 InvestmentsCorpBondsSchedule
Name:
NEW HOPE FOUNDATION
EIN:
42-1395902
Name of Bond End of Year Book Value End of Year Fair Market Value
PREFENSE CONVERTIBLE NOTE 5,000 5,000

TY 2023 InvestmentsCorpStockSchedule
Name:
NEW HOPE FOUNDATION
EIN:
42-1395902
Name of Stock End of Year Book Value End of Year Fair Market Value
PREFENSE LLC 5,500 5,500
DODGE & COX BALANCED 2,288,820 2,288,820
VANGUARD INTERNATIONAL GROWTH 757,684 757,684
SCHWAB FUND INTERNATIONAL SMALL CAP 1,147,008 1,147,008
PIMCO INCOME, INSTITUTIONAL 181,647 181,647
VANGUARD MID CAP INDEX 1,300,258 1,300,258
SCHWAB S&P 500 INDEX 3,325,728 3,325,728
SCHWAB INTERNATIONAL INDEX 2,447,879 2,447,879
SCHWAB FUNDAMENTAL EMERGING MARKETS INDEX 1,762,646 1,762,646
SCHWAB SMALL CAP INDEX 1,705,774 1,705,774
PIMCO EMERGING MARKETS BOND 207,630 207,630
METROPOLITAN WEST HI YIELD BOND 218,706 218,706
MORGAN STANLEY GROWTH PORTFOLIO 921,998 921,998
CENTRAL BANCSHARES INC 446,400 446,400
NEXTLEVEL VENTURES FUND 500,000 500,000
WORLD BOTTLING CAP 125,000 125,000
METROPOLITAN WEST TOTAL RETURN BOND 195,250 195,250
NEXTLEVEL VENTURES FUND II 426,734 426,734
PIMCO ENHANCED SHORT MATURITY 903,603 903,603
VANGUARD UTILITIES INDEX 376,304 376,304

TY 2023 OtherAssetsSchedule
Name:
NEW HOPE FOUNDATION
EIN:
42-1395902
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ART 5,013 5,013 5,013
TAX CREDIT 36,034 22,071 22,071


TY 2023 OtherExpensesSchedule
Name:
NEW HOPE FOUNDATION
EIN:
42-1395902
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSES 9,665 967 0 8,698
OFFICE EXPENSE 8,222 822 0 7,400
INSURANCE 27,190 2,719 0 24,471
BANK CHARGES 31 31   0
INSURANCE 1,364 1,364   0
SOIL TESTING 1,926 1,926   0
POSTAGE/MAILING 0 0   0
MISCELLANEOUS 0 0   0


TY 2023 OtherIncomeSchedule2
Name:
NEW HOPE FOUNDATION
EIN:
42-1395902
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
NEXT LEVEL VENTURES FUND I, LLLP -59,787 -59,787 0
PREFENSE, LLC -12,902 -12,902 0
OTHER INCOME 13,062 13,062 0
NEXT LEVEL VENTURES FUND II, LLLP -45,627 -45,627 0
WORLD BOTTLING CAP, LLC & SUBSIDIARY -2,470 -2,470 0


TY 2023 OtherIncreasesSchedule
Name:
NEW HOPE FOUNDATION
EIN:
42-1395902
Description Amount
UNREALIZED GAINS 1,795,093
BOOK TO TAX DIFFERENCE ON SCHEDULE K-1 REPORTING 120,786


TY 2023 OtherProfessionalFeesSchedule
Name:
NEW HOPE FOUNDATION
EIN:
42-1395902
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING 0 0 0 0
ENGINEERING AND SURVEYING 0 0 0 0
OTHER PROFESSIONAL SERVICES 0 0 0 0
LAND MANAGEMENT FEE 3,205 3,205   0


TY 2023 TaxesSchedule
Name:
NEW HOPE FOUNDATION
EIN:
42-1395902
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAXES 2,145 0 0 0