Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE TWENTY FIRST CENTURY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 246
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MONROEVILLE, OH44847
A Employer identification number

34-1852806
B Telephone number (see instructions)

(419) 465-2587
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$41,782,501J 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) 1,197,233
2 Check right arrow.............
3 Interest on savings and temporary cash investments 201,141 142,541 201,141
4 Dividends and interest from securities... 1,058,145 1,058,145 1,058,145
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 567,190
b Gross sales price for all assets on line 6a 5,663,006
7 Capital gain net income (from Part IV, line 2)... 567,190
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
35,709 34,040 35,709
12 Total. Add lines 1 through 11........ 3,059,418 1,801,916 1,294,995
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)......... Click to see attachment
List of Attached Documents:
// Content
3,064 1,532   1,532
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
44,250 22,125   22,125
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
139,134     139,134
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
27,867 27,667   200
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
26,793 26,793    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 241,108 78,117   162,991
25 Contributions, gifts, grants paid....... 2,032,026 2,032,026
26 Total expenses and disbursements. Add lines 24 and 25 2,273,134 78,117   2,195,017
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 786,284
b Net investment income (if negative, enter -0-) 1,723,799
c Adjusted net income (if negative, enter -0-)... 1,294,995
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............. 237,145 384,373 384,370
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,839,558 Click to see attachment
List of Attached Documents:
// Content
1,831,132 		1,701,603
b Investments—corporate stock (attach schedule)....... 7,062,339 Click to see attachment
List of Attached Documents:
// Content
7,421,583 		13,145,992
c Investments—corporate bonds (attach schedule)....... 1,946,341 Click to see attachment
List of Attached Documents:
// Content
3,476,884 		3,501,392
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 arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
21,706,387 		Click to see attachment
List of Attached Documents:
// Content
20,268,467 		Click to see attachment
List of Attached Documents:
// Content
23,049,144
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 32,791,770 33,382,439 41,782,501
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue................. 195,615  
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)......... 195,615 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...........    
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........ 500,000 500,000
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 32,096,155 32,882,439
29 Total net assets or fund balances (see instructions)..... 32,596,155 33,382,439
30 Total liabilities and net assets/fund balances (see instructions). 32,791,770 33,382,439
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
32,596,155
2
Enter amount from Part I, line 27a .....................
2
786,284
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
33,382,439
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
33,382,439
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 PUBLICALLY TRADED SECURITIES D    
b OTHER BASIS ADJUSTMENT D    
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 5,377,697   5,095,816 281,881
b 688     688
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       281,881
b       688
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 2 567,190
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: 1999-08-01(attach copy of letter if necessary–see instructions) 1 23,961
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 23,961
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 23,961
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 39,763
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 39,763
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 15,802
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow0 Refundedright arrow 11 15,802
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 arrowOH
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
Yes
 
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 arrowJOSEPH L SCHAG Telephone no.right arrow (419) 465-2587

Located atright arrowP O BOX 246MONROEVILLEOH ZIP+4right arrow44847
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
 
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
No
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
JOHN A BORES TRUSTEE
000.00 		0 0 0
11584 E CTY RD 32
BELLEVUE,OH44811
MARY L BORES TRUSTEE
000.00 		0 0 0
11584 E CTY RD 32
BELLEVUE,OH44811
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
CANDICE D KINN MANAGEMENT 139,134
10014 RANSOM ROAD
MONROEVILLE,OH44847
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
38,995,240
b
Average of monthly cash balances.......................
1b
141,801
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
39,137,041
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
39,137,041
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
587,056
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
38,549,985
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,927,499
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
1,927,499
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
23,961
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
23,961
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,903,538
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,903,538
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,903,538
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
2,195,017
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
2,195,017
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 1,903,538
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,725,207
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,195,017
a Applied to 2022, but not more than line 2a 1,725,207
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 469,810
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		1,433,728
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
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).)
JOHN A AND MARY L BORES
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
AMERICAN LEGION POST 260


16094 E TOWNSHIP RD 104
ATTICA,OH44807 		  PC COMMUNITY FLAG PROGRAM 1,000
AMERICAN RED CROSS OF NORTHERN OHIO


1111 RESEARCH DRIVE
TOLEDO,OH43614 		  PC OPERATIONS 10,000
ARTISTS' OPEN STUDIO


32 EAST MAIN STREET
NORWALK,OH44857 		  PC STUDIO ART SUPPLIES 10,000
ATTICA FAIR ASSOCIATION


PO BOX 433
ATTICA,OH44807 		  PC FAIR OPERATIONS, NEW BARN 3,000
ATTICA HISTORICAL SOCIETY


116 N SENECA STREET
ATTICA,OH44807 		PC   COMMUNITY EVENTS PROGRAM 1,000
ATTICA JUNIOR FAIR LIVESTOCK SALE


9409 E TWP RD 138
REPUBLIC,OH44867 		  PC SPONSOR 4-H PROJECTS 2,000
BACK TO THE WILD


PO BOX 423
CASTALIA,OH44824 		  PC ANIMAL ASSITANCE/OPERATIONS 10,000
BELLEVUE ALUMNI ASSOCIATION


PO BOX 191
BELLEVUE,OH44811 		  PC MEMORIAL SCHOLARSHIP 25,000
BELLEVUE CITY SCHOOLS


200 OAKLAND AVE
BELLEVUE,OH44811 		  GOV TRACK PHOT-FINISH CAMERA 500
BELLEVUE FISHES LOAVES


203 MAPLE STREET
BELLEVUE,OH44811 		  PC PANTRY SUPPLY/FOOD 10,000
BELLEVUE RECREATION CLUB


110 CHERRY BLVD
BELLEVUE,OH44811 		  PC PLAYGROUND REPLACEMENT DONATION 10,000
BELLEVUE ROTARY FOUNDATION


PO BOX 291
BELLEVUE,OH44811 		  PC A NITE AT THE RACE FUNDRAISER 450
BELLEVUE UNITED SELECT FUND


250 W MAIN STREET
BELLEVUE,OH44811 		  PC LOCAL NON-PROFIT SUPPORT 20,000
BLAKELY LUKE


N/A
NORWALK,OH44857 		  I RARE CHILDHOOD DISEASE 2,000
BRANDON VILLARREAL


N/A
NORWALK,OH44857 		  I PROSTHETIC 1,000
CARE SHARE OF ERIE COUNTY


241 JACKSON STREET
SANDUSKY,OH44870 		  PC PANTRY SUPPLY/FOOD 10,000
CARING COMMUNITY PANTRY


PO BOX 321
WAKEMAN,OH44889 		  PC PANTRY EXPANSION 4,000
CASA OF HURON COUNTY


2 E MAIN STREET
NORWALK,OH44857 		  PC VOLUNTEER TRAINING 3,000
CATHOLIC CHARITIES


48 EXECUTIVE DRIVE
NORWALK,OH44857 		  PC CRISIS ASSISTANCE, HOUSING, MEALS 10,000
CINDERELLA'S CLOSET


4400 MILAN RD UNIT 342
SANDUSKY,OH44870 		  PC NEEDY YOUTH PROM/HOMECOMING DRESSES 500
COMMUNITY YOUTH MENTORING


904 W WASHINGTON STREET
SANDUSKY,OH44870 		  PC KIDS MENTORING PROGRAM 4,000
CURE SMA


925 BUSSE ROAD
ELK GROVE VILLAGE,IL60007 		  PC MARATHON FUNDRAISER 2,000
ERIE COUNTY HUMANE SOCIETY


1911 SUPERIOR STREET
SANDUSKY,OH44870 		  PC ANIMAL ASSISTANCE/OPERATIONS 15,000
ERIE COUNTY JOB FAMILY SERVICES


221 W PARISH STREET
SANDUSKY,OH44870 		  GOV FOSTER CARE FUND 25,000
FIRELANDS HABITAT FOR HUMANITY


7602 MILAN ROAD
SANDUSKY,OH44870 		  PC HOME BUILDING SUPPLIES 25,000
FIRELANDS RAILS TO TRAILS


44 E MAIN STREET
NORWALK,OH44857 		  PC BIKE TRAIL UPGRADES 3,000
FIRST PRESBYTERIAN CHURCH


21 FIRELANDS BLVD
NORWALK,OH44857 		  PC SCHOOL SUPPLIES/TUTORING 7,000
FOOS FOOS FUNERAL HOME


151 YORKSHIRE PLACE
BELLEVUE,OH44811 		  I FUNERAL EXPENSES 11,249
GOOD KNIGHTS OF LORAIN COUNTY


PO BOX 523
ELYRIA,OH44036 		  PC NEW TRAILER, SUPPLIES FOR BEDS 10,000
HEARTBEAT PREGNANCY CENTER


3423 COLUMBUS AVE
SANDUSKY,OH44870 		  PC CLIENT ASSISTANCE/OPERATIONS 1,000
HUMANE SOCIETY OF SANDUSKY


1315 N RIVER ROAD
FREMONT,OH43420 		  PC ANIMAL ASSISTANCE/OPERATIONS 15,000
HURON COUNTY AREA VETERAN'S COUNCIL


PO BOX 432
NORWALK,OH44857 		  PC GOLF OUTING 10,000
HURON COUNTY BOARD OF MENTAL HEALTH


2 OAK STREET
NORWALK,OH44857 		  PC WALK FUNDRAISER 200
HURON COUNTY FOP 185


PO BOX 348
WAKEMAN,OH44889 		  PC SHOP WITH A COP 1,000
HURON COUNTY HUMANE SOCIETY


246 WOODLAWN AVE
NORWALK,OH44857 		  PC ANIMAL ASSISTANCE/OPERATIONS 20,000
HURON COUNTY JOB AND FAMILY SERVICE


185 SHADY LANE
NORWALK,OH44857 		  GOV FOSTER CARE FUND 25,000
HURON COUNTY JR FAIR LIVESTOCK


940 FAIR ROAD
NORWALK,OH44857 		  PC SPONSOR 4-H PROJECTS 19,283
HURON COUNTY SERVICES FOR THE AGING


130 SHADY LAND DR
NORWALK,OH44857 		  PC SENIOR ENRICHMENT SERVICES 3,000
IMMACULATE CONCEPTION SCHOOL


304 E MAIN STREET
BELLEVUE,OH44811 		  PC SCHOOL IMPROVEMENTS, TUITION 101,000
JDRF NORTHEAST OHIO CHAPTER


6100 ROCKSIDE WOODS BLVD
INDEPENDENCE,OH44131 		  PC JUVENILE DIABETES RESEARCH 2,000
JOHN BURROW


1158 PIONEER PASS
NORWALK,OH44857 		  I HEALTHCARE EXPENSES 20,295
KEELY SCHAGG


865 TOWNLINE RD
WILLARD,OH44890 		  I CHRISTMAS CONCERT 500
KNIGHTS OF COLUMBUS BELLEVUE


816 MONROE STREET
BELLEVUE,OH44811 		  PC LOCAL NONPROFIT SUPPORT 3,000
KNIGHTS OF COLUMBUS MONROEVILLE


PO BOX 181
MONROEVILLE,OH44847 		  PC LOCAL NONPROFIT SUPPORT 3,000
KNIGHTS OF COLUMBUS NORWALK


254 W MAIN STREET
NORWALK,OH44857 		  PC LOCAL NONPROFIT SUPPORT 3,000
LIBERTY CENTER HOMELESS SHELTER


1421 EAST STATE STREET
FREMONT,OH43420 		  PC SHELTER SUPPORT 10,000
LOVE GROWS LOVE NP


495 SOUTH NORWALK RD
NORWALK,OH44857 		  PC THERAPY HORSE CERTIFICATION 1,300
MARTHA SIEGEL


914 GOLDENROD DR
BELLEVUE,OH44811 		  I SARA UKRAINE ORPHAN CARE EXPENSES 3,264
MICHAEL'S HOUSE


203 W MADISON STREET
SANDUSKY,OH44870 		  PC DOMESTIC SHELTER SUPPORT 3,000
MICHELL LYONS


4680 LOVERS LANE
MONROEVILLE,OH44847 		  I VOLLEY FOR THE CURE 1,000
MIRIAM HOUSE


249 W MAIN STREET
NORWALK,OH44857 		  PC SHELTER SUPPORT 10,000
MONROEVILLE ATHLETIC BOOSTERS


101 WEST STREET
MONROEVILLE,OH44847 		  PC TRACK CONSTRUCTION PROJECT 100,000
MONROEVILLE ELEMENTARY


101 WEST STREET
MONROEVILLE,OH44847 		  GOV NIGHT UNDER THE LIGHTS 1,000
MONROEVILLE HIGH SCHOOL


101 WEST STREET
MONROEVILLE,OH44847 		  GOV FOUNDATION SCHOLARSHIP 30,200
MONROEVILLE POLICE DEPT


9 MONROE STREET
MONROEVILLE,OH44847 		  GOV COMMUNITY PROJECTS 3,000
MONROEVILLE PUBLIC LIBRARY


34 MONROE STREET
MONROEVILLE,OH44847 		  GOV UPKEEP, BOOKS 10,500
MONROEVILLE UNITED CHURCH


29 CHAPEL STREET
MONROEVILLE,OH44847 		  PC NON-PERISHABLE ITEMS 5,000
NBC FOOD PANTRY


2084 US HWY 20 W
NORWALK,OH44857 		  PC PANTRY SUPPLY/FOOD 3,000
NORWALK AREA FOOD BANK


92 N PROSPECT STREET
NORWALK,OH44857 		  PC PANTRY SUPPLY/FOOD 15,000
NORWALK AREA UNITED FUND


2 EAST SEMINARY PO BOX 1
NORWALK,OH44857 		  PC IMAGINATION LIBRARY 30,000
NORWALK ARTS CENTER


PO BOX 656
NORWALK,OH44857 		  PC OPERATIONS/REMODEL 1,000
NORWALK CATHOLIC SCHOOL


93 EAST MAIN STREET
NORWALK,OH44857 		  PC TUITON ASSITANCE 20,000
NORWALK CLOTHING BANK


51 BENEDICT AVE
NORWALK,OH44857 		  PC CLOTHING, SUPPLIES, OPERATIONS 10,000
NORWALK ECONOMIC DEVELOPMENT


12 BENEDICT AVE
NORWALK,OH44857 		  PC MINI MAIN STREET KID COMMUNITY 2,000
NORWALK HIGH SCHOOL


350 SHADY LAND DR
NORWALK,OH44857 		  GOV FOUNDATION SCHOLARSHIP 18,000
NORWALK PUBLIC LIBRARY


46 WEST MAIN STREET
NORWALK,OH44857 		  GOV LIBRARY UPKEEP 5,000
NORWALK ROBOTICS


350 SHADY LANE DR
NORWALK,OH44857 		  PC ROBOTICS COMPETITION AND TEAM 2,500
OH-GO


3616 PLUMBROOK CIRCLE
SANDUSKY,OH44870 		  PC FOOD, GIFT CARD FOR HOMELESS 197,005
OUR LADY OF LOURDES FOOD BANK


18 PARK AVE
NEW LONDON,OH44851 		  PC PANTY SUPPLY/FOOD 10,000
OVARIAN CANCER CONNECTION


1112 BIRCHARD AVE
FREMONT,OH43420 		  PC WALK FUNDRAISER 1,000
PASS IT ON CLOTHING


203 MAPLE STREET SUITE B
BELLEVUE,OH44811 		  PC CLOTHING, SUPPLIES, OPERATIONS 5,000
PLYMOUTH-SHILOH FOOD BANK


26 MECHANIC ST
SHILOH,OH44878 		  PC PANTRY SUPPLY/FOOD 13,000
RAY KRISHA


1950 FAIRFIELD ANGLING RD
NORTH FAIRFIELD,OH44855 		  I HANDICAPPED VAN 17,000
REACH OUR YOUTH


2 E MAIN STREET ROOM 102
NORWALK,OH44857 		  PC KIDS MENTORING PROGRAM 2,000
RICHARD PALMER


92 N RIDGE ST
MONROEVILLE,OH44847 		  I ST PAUL STREET EVANGELIZATION SUPP. 1,000
SANDUSKY CO JOB AND FAMILY


2511 COUNTRYSIDE DR
FREMONT,OH43420 		  GOV FOSTER CARE FUND 25,000
SANDUSKY COUNTY JR FAIR LIVESTOCK


PO BOX 124
FREMONT,OH43420 		  PC SPONSOR 4-H PROJECTS 3,000
SCH-LOE-MAN AMERICAN LEGION


PO BOX 481
MONROEVILLE,OH44847 		  PC FUNDRAISER 2,000
SECOND HARVEST FOOD BANK


7445 DEER TRAIL LANE
LORAIN,OH44053 		  PC PANTRY SUPPLY/FOOD 15,000
SENECA COUNTY HUMANE SOCIETY


2811 S STATE ROUTE 100
TIFFIN,OH44883 		  PC ANIMAL ASSISTANCE 15,000
SENECA COUNTY JOB FAMILY


900 E CR 20
TIFFIN,OH44883 		  GOV FOSTER CARE FUND 25,000
SENECA COUNTY JUNIOR FAIR LIVESTOCK


PO BOX 124
FREMONT,OH43420 		  PC SPONSOR 4-H PROJECTS 5,000
SENECA EAST CROSS COUNTRY


13343 US 224
ATTICA,OH44807 		  PC FIRST RESPONDER DINNER 500
SENECA EAST HIGH SCHOOL


13343 EAST US HWY 224
ATTICA,OH44807 		  GOV FOUNDATION SCHOLARSHIP 18,000
SENECA EAST PUBLIC LIBRARY


14 NORTH MAIN STREET
ATTICA,OH44807 		  GOV LIBRARY UPKEEP 5,000
SENECA HABITAT FOR HUMANITY


65 GRACE STREET
TIFFIN,OH44883 		  PC HOME BUILDING SUPPLIES 25,000
ST GASPAR CATHOLIC PARISH


16209 E CO ROAD 46
BELLEVUE,OH44811 		  PC REVERSE RAFFLE 5,000
ST JOSEPH CATHOLIC SCHOOL


66 CHAPEL STREET
MONROEVILLE,OH44857 		    ANNUAL FUND, SCHOOL IMPROVEMENTS 85,000
ST PAUL HIGH SCHOOL


93 EAST MAIN STREET
NORWALK,OH44857 		  PC FOUNDATION SCHOLARSHIP 18,000
ST VINCENT DE PAUL SOCIETY


231 E CENTER STREET
BELLEVUE,OH44811 		  PC RENT AND UTILITIES ASSISTANCE 9,000
STARTING POINT OUTREACH CENTER


117 S MYRTLE AVE
WILLARD,OH44890 		  PC RENT AND UTILITIES ASSITANCE 5,000
THE BELLEVUE ATHLETIC BOOSTERS


5796 CR 177
BELLEVUE,OH44811 		  PC FOOTBALL TEAM SPONSORSHIP 350
THE BELLEVUE MINISTERIAL


PO BOX 182
BELLEVUE,OH44811 		  PC SCHOOL SUPPLIES 10,500
THE BLESSING BASKET FOOD PANTRY


PO BOX 175
WILLARD,OH44890 		  PC PANTRY SUPPLY/FOOD 3,000
THE COMMONS OF PROVIDENCE


5000 PROVIDENCE DR
SANDUSKY,OH44870 		  PC GOLF OUTING FUNDRAISER - ALZHEIMERS 125
THE GRIDIRON FOUNDATION OF BELLEVUE


419 EUCLID
BELLEVUE,OH44811 		  PC FOOTBALL TEAM GOLF OUTING FUNDRAISER 500
THE SALVATION ARMY - BELLEVUE


2507 E 22ND ST
CLEVELAND,OH44115 		  PC FOOD/CLOTHING/SUPPLIES 15,000
THE SALVATION ARMY - NORWALK


55 WHITTLESEY AVE
NORWALK,OH44857 		  PC FOOD/CLOTHING/SUPPLIES 220,000
THE SALVATION ARMY - TIFFIN


505 E MARKET ST
TIFFIN,OH44883 		  PC FOOD/CLOTHING/SUPPLIES 30,000
THE SALVATION ARMY - WILLARD


2507 E 22ND ST
CLEVELAND,OH44115 		  PC FOOD/CLOTHING/SUPPLIES 15,000
TIFFIN SENECA UNITED WAY


PO BOX 368
TIFFIN,OH44883 		  PC LOCAL NONPROFIT SUPPORT 20,000
TOYS FOR TOTS


11911 THOMA ROAD
MONROEVILLE,OH44847 		  PC CHRISTMAS GIFTS 3,000
UNITED WAY OF ERIE CO


2911 HAYES AVE
SANDUSKY,OH44870 		  PC STUFF THE BUS 10,000
VICTORY KITCHEN


1613 HAYES AVENUE
SANDUSKY,OH44870 		  PC GIFT CARDS FOR HOMELESS 202,005
VILLAGE HOUSE SHELTER


350 RAWSON AVE
FREMONT,OH43420 		  PC DOMESTIC SUPPORT 2,500
VOLUNTEERS OF AMERICA


1843 SUPERIOR STREET
SANDUSKY,OH44870 		  PC CLIENT ASSISTANCE FUND, GIFT CARDS 210,000
WAPPNER FUNERAL HOME


98 S DIAMOND
MANSFIELD,OH44902 		  I FUNERAL EXPENSES 800
WEEKENDS WITHOUT HUNGER


272 BENEDICT AVE
NORWALK,OH44857 		  PC YOUTH AFTER SCHOOL 10,000
WILLARD HIGH SCHOOL


1 FLASHES AVE
WILLARD,OH44890 		  GOV FOUNDATION SCHOLARSHIP 9,000
WOMEN HELPING YOUNG MOTHERS


914 EAST STATE STREET
FREMONT,OH43420 		  PC RECOVERY AND PARENTING PROGRAMS 15,000
WYATT'S TEAL TEAM


8285 BISMARK RD
MONROEVILLE,OH44847 		  PC ALLERY AND ANAPHALAXIS AWARENESS 1,000
Total .................................right arrow 3a 2,032,026
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 ........... 		    14 201,141  
4 Dividends and interest from securities ....     14 1,058,145  
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 .....     16 34,040  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 567,190  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aBRIAN BORES POUROVER TRUST 		    14 1,669  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   1,862,185  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,862,185
(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
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
THE TWENTY FIRST CENTURY FOUNDATION
 
Employer identification number

34-1852806
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
THE TWENTY FIRST CENTURY FOUNDATION
  		Employer identification number
34-1852806
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
JOHN A MARY L BORES
11584 EAST COUNTY ROAD 32
 
BELLEVUE, OH44811

$ 1,197,233


(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
THE TWENTY FIRST CENTURY FOUNDATION
  		Employer identification number

34-1852806
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
1
 JPM UNDISCOVERED MGRS $ 576,200 2023-12-07
(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
THE TWENTY FIRST CENTURY FOUNDATION
  		Employer identification number

34-1852806
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 36,750 18,375   18,375
TAX PREPARATION 7,500 3,750   3,750

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Name of Bond End of Year Book Value End of Year Fair Market Value
APPLE INC NOTE 2.40%    
APPLE SENIOR UNSECURED 50,309 48,799
APPLE INC INC NOTE 3.35% 49,567 48,728
APPLE INC SENIOR NOTE 4.5% 146,201 153,639
BANK OF MONTREAL MED TERM 5.40% 150,000 149,466
BLACKROCK INC 3.25% 45,628 48,082
BLACKROCK INC 1.90% 81,498 84,481
BLACKROCK INC 4.75% 48,717 50,527
CME GROUP IN 2.65 165,179 178,138
EXXON MOBILE 98,191 97,168
EXXON MOBILE 2.61% 85,269 89,410
FED FARM CREDIT BK CONS BONDS (2.75% 249,449 239,478
FED FARM CREDIT BK CONS BONDS (2.80% 195,874 189,336
FED FARM CREDIT BK CONS BON 100,000 100,353
FED FARM CREDIT BK CONS BOND 46,757 46,886
FED FARM CREDIT BK CONS BOND 199,786 201,442
GOLDMAN & SACHS BANK USA 100,000 95,991
IBM CORP. DEBENTURES 5.875 119,340 109,532
JOHNSON & JOHNSON NOTE 4.375 188,573 179,933
JOHNSON & JOHNSON SENIOR NOTES 50,439 48,104
JOHNSON & JOHNSON NOTE 3.625% 148,993 161,285
JOHNSON & JOHNSON NOTE 3.4% 86,192 88,846
MICROSOFT CORP SENIOR NOTE 3.45% 132,329 138,314
MICROSOFT COROP NOTE 3.5% 109,896 94,934
PROCTOR & GAMBLE CO NOTE 5.55% 104,695 112,194
TVA GLB CONS 249,367 266,038
WAL-MART STORES INC NOTE 100,154 99,336
WAL-MART INC 1.80% 39,927 42,436
WALMART INC NOTE 3.95% 85,461 95,514
WELLS FARGO BANK 2.05 249,093 243,002

TY 2023 InvestmentsCorpStockSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO 39,533 41,020
ABBVIE INCORPORATED 133,083 245,377
ACCENTURE LTD IRELAND 31,421 171,890
ADOBE INC 83,825 149,150
AES CORP 60,869 41,624
ALPHABET INC 126,521 466,565
AMAZON.COM INC 24,904 227,910
AMERICAN ELECTRICAL POWER 141,961 133,317
AMERICAN TOWER CORP NEW REIT 96,764 120,172
AMETEK INC 51,128 166,153
AMGEN INC 94,527 150,180
AMPHENOL 39,567 90,818
ANALOG DEVICES INC. 62,624 167,197
APPLE INC 68,864 420,978
AT&T INC 115,573 81,850
BANK OF AMERICA CORP 152,563 173,725
BERKSHIRE HATHAWAY    
BLACKROCK INC 89,568 149,541
BOOKING HOLDINGS INC 46,512 141,889
BRISTOL-MYERS SQUIBB CO 120,795 99,172
CAPITAL ONE FINANCIAL CORP 40,275 76,782
CARRIER GLOBAL 145,668 232,938
CHECK POINT SOFTWARE TECH 66,297 126,052
CHEVRON 195,917 321,341
CIGNA CORP NEW 28,618 46,062
CITIGROUP INC 40,858 42,090
COCA COLA 48,132 69,453
COGNIZANT TECH SOLUTIONS CORP 36,033 45,414
COMCAST CORP 97,144 167,920
CONAGRA BRANDS INC 87,126 82,500
CORTEVA INC 63,748 48,490
CUMMINS ENGINE INC. 29,635 81,538
CVS CORP 50,690 68,600
DANAHER CORP 45,813 112,186
DIAGEO PLC ADR 60,259 68,076
DUKE ENERGY 108,906 114,121
ECOLAB INC 62,344 80,071
EMERSON ELECTRIC 54,563 106,317
EXXON 55,320 104,338
FMC CORP 79,818 101,657
FORTINET INC. 64,507 58,530
FORTIS INC 82,511 102,924
FREEPORT-MCMORAN INC 45,256 44,156
HERSHEY FOODS CORP 72,131 132,668
HONEYWELL 41,913 156,410
ILLINOIS TOOL WORKS 80,693 217,389
JP MORGAN CHASE & CO 193,365 446,654
JACOBS ENGINEERING GROUP 64,541 149,329
JOHNSON & JOHNSON 138,823 271,011
KELLANOVA 60,292 58,375
KELLOGG CO    
KONTOOR BRANDS INC 65,648 143,325
LINDE PLC 93,395 215,229
LOCKHEED MARTIN CORP 55,779 92,899
MAGNA INTERNATIONAL INC 40,049 61,173
MANULIFE FINANCIAL CORP 67,952 81,500
MARATHON PETE CORP 35,175 152,847
MASTERCARD INC. 128,481 217,652
MCDONALDS CORP 115,367 242,449
MDU RESOURCES GROUP INC 30,090 31,134
MERCK & CO. INC. 71,795 172,311
MICROSOFT CORP 165,514 472,597
MONDELEZ INTERNATIONAL 104,588 226,807
NOVARTIS 44,903 84,542
NUTRIEN LIMITED 60,890 43,139
NVIDIA CORP 115,555 123,815
OMNICOM GROUP    
ORACLE 74,943 194,819
PACCAR INC    
PAYPAL HOLDINGS INC 124,793 128,961
PEPSICO 68,754 157,880
PFIZER 158,608 166,688
PHILLIP MORRIS INTL INC    
PNC FLNL SERVICE GROUP 68,319 152,909
PROCTOR & GAMBLE 106,237 225,526
RAYTHEON TECHNOLOGIES 106,551 161,924
REGIONS FINANCIAL 60,109 111,324
SALESFORCE CON 255,090 315,768
STARBUCKS CORP 162,664 245,554
STATE STREET CORP 200,499 291,350
SYNCHRONY FINANCIAL 45,489 63,653
TEXAS INSTRUMENTS 55,379 89,570
THERMO FISHER SCIENTIFIC 47,034 213,130
TJX COS INC 46,816 112,644
TRACTOR SUPPLY CO 13,447 53,918
UNION PACIFIC CORP 52,951 139,487
US BANCORP 66,236 67,102
VF CORP 56,990 20,654
VERIZON COMMUNICATIONS 140,343 95,052
VISA INC 105,238 329,451
WALT DISNEY CO 88,368 126,297
WARNER BROS DISCOVERY INC 79,221 35,028
WELLS FARGO 186,892 269,652
ZSALER INC 33,633 44,312

TY 2023 InvestmentsGovtObligationsSch
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
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:


1,831,132
State & Local Government Securities - End of Year Fair Market Value:


1,701,603


TY 2023 LegalFeesSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 3,064 1,532   1,532


TY 2023 OtherAssetsSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
MUTUAL FUNDS 20,390,604 18,817,230 21,260,107
EXCHANGE TRADED FUNDS 1,315,783 1,332,734 1,670,534
BRIAN BORES TRUST RECEIVABLE   118,503 118,503


TY 2023 OtherExpensesSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
POSTAGE & OTHER EXPENSE 498 498    
RETURN OF CAPITAL 1,834 1,834    
BOND PREMIUM AMORTIZATION 24,461 24,461    


TY 2023 OtherIncomeSchedule2
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
BRIAN BORES TRUST 34,040 34,040 34,040
BRIAN BORES POUROVER TRUST 1,669   1,669


TY 2023 OtherProfessionalFeesSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CHARITABLE COORDINATOR 139,134     139,134


TY 2023 TaxesSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN INCOME TAX ON DIVIDENDS 2,667 2,667    
OHIO TRUST FEES 200     200
FEDERAL INCOME TAX 25,000 25,000