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 GOODMAN FAMILY OPERATING FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1107 HAZELTINE BLVD BOX 36
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHASKA, MN55318
A Employer identification number

61-1816821
B Telephone number (see instructions)

(952) 361-8000
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$331,951,915J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 827,304 827,304 827,304
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -810,448
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
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
28,232,406 28,314,854 28,314,854
12 Total. Add lines 1 through 11........ 28,249,262 29,142,158 29,142,158
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 14,160,104 14,160,104 14,160,104 0
15 Pension plans, employee benefits....... 1,440,594 1,440,594 1,440,594 0
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
78,542 0 0 78,542
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
401,494 0 0 401,494
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
2,995,219 2,995,219 2,995,219 0
17 Interest............... 2,144,330 1,929,963 1,929,963 424,844
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,077,857 1,077,857 1,077,857 0
19 Depreciation (attach schedule) and depletion... 3,299,948 3,299,948 3,299,948
20 Occupancy.............. 1,694,055 1,694,055 1,694,055 0
21 Travel, conferences, and meetings....... 193,847 0 0 193,847
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,217,059 2,544,418 2,544,418 3,600,140
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 33,703,049 29,142,158 29,142,158 4,698,867
25 Contributions, gifts, grants paid....... 204,333 204,333
26 Total expenses and disbursements. Add lines 24 and 25 33,907,382 29,142,158 29,142,158 4,903,200
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,658,120
b Net investment income (if negative, enter -0-) 0
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............. 5,952,189 6,195,916 6,195,916
2 Savings and temporary cash investments......... 14,885,450 4,237,074 4,237,074
3 Accounts receivable right arrow10,364,035
Less: allowance for doubtful accounts right arrow606,483 3,563,376 9,757,552 9,757,552
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 arrow192,168,348
Less: allowance for doubtful accounts right arrow0 199,969,050 192,168,348 192,168,348
8 Inventories for sale or use.............. 148,040 191,922 191,922
9 Prepaid expenses and deferred charges.......... 346,316 581,485 581,485
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
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).......... 10,000 0 0
14 Land, buildings, and equipment: basis right arrow121,627,565
Less: accumulated depreciation (attach schedule) right arrow9,534,156 65,866,219 Click to see attachment
List of Attached Documents:
// Content
112,093,409 		112,093,409
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
3,902,888 		Click to see attachment
List of Attached Documents:
// Content
6,726,209 		Click to see attachment
List of Attached Documents:
// Content
6,726,209
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 294,643,528 331,951,915 331,951,915
Liabilities 17 Accounts payable and accrued expenses.......... 2,855,066 3,903,449
18 Grants payable.................    
19 Deferred revenue................. 86,113 171,962
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 33,685,206 68,240,724
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
32,812 		Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 36,659,197 72,316,135
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........... 59,835,967 69,117,846
25 Net assets with donor restrictions............ 198,148,364 190,517,934
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)..... 257,984,331 259,635,780
30 Total liabilities and net assets/fund balances (see instructions). 294,643,528 331,951,915
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
257,984,331
2
Enter amount from Part I, line 27a .....................
2
-5,658,120
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
7,309,569
4
Add lines 1, 2, and 3 ..........................
4
259,635,780
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
259,635,780
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 FIXED ASSETS P    
b
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   388,740 1,199,188 -810,448
b
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       -810,448
b
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 -810,448
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 0
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 0
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 0
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 0
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 0
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 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 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 arrowMN
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
Yes
 
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 arrowTHE FOUNDATION Telephone no.right arrow (952) 361-8000

Located atright arrow1107 HAZELTINE BLVD BOX 36CHASKAMN ZIP+4right arrow55318
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
CAROLIN GOODMAN EXECUTIVE DIRECTOR
3.00 		0 0 0
1107 HAZELTINE BLVD SUITE 36
CHASKA,MN55318
SHANE GOODMAN BOARD/CHAIRMEN/DIRECTOR
3.00 		0 0 0
1107 HAZELTINE BLVD SUITE 36
CHASKA,MN55318
MARK WILSON DIRECTOR/PRESIDENT
0.50 		0 0 0
1107 HAZELTINE BLVD SUITE 36
CHASKA,MN55318
T JAY SALMEN VP/SECRETARY/DIRECTOR
0.50 		0 0 0
1107 HAZELTINE BLVD SUITE 36
CHASKA,MN55318
CLINT KNACKE DIRECTOR/TREASURER
2.50 		0 0 0
1107 HAZELTINE BLVD SUITE 36
CHASKA,MN55318
CRAIG EDINGER DIRECTOR
1.50 		0 0 0
1107 HAZELTINE BLVD SUITE 36
CHASKA,MN55318
JAMES WEICHERT DIRECTOR
0.50 		0 0 0
1107 HAZELTINE BLVD SUITE 36
CHASKA,MN55318
MARK REILING DIRECTOR
0.50 		0 0 0
1107 HAZELTINE BLVD SUITE 36
CHASKA,MN55318
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
GEORGE BAKHIT SITE DIRECTOR
40.00 		141,461 46,327 0
18170 NORTH 91ST AVE
PEORIA,AZ85382
DONNA ANDERSON SALES COUNSELOR
40.00 		138,195 15,956 0
18170 NORTH 91ST AVE
PEORIA,AZ85382
DEBORAH LINDSAY DIRECTOR OF NURSING
40.00 		135,160 9,634 0
18170 NORTH 91ST AVE
PEORIA,AZ85382
JULIE DUNCAN RN
40.00 		109,272 0 0
601 NORTH 10TH ST
HAMILTON,MT59840
SMOKIE DAWN DOSSEY RESIDENT CARE COORDI
40.00 		108,058 0 0
18170 NORTH 91ST AVE
PEORIA,AZ85382
Total number of other employees paid over $50,000...................right arrow 57
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
THE GOODMAN GROUP ACCOUNTING AND MANAGEMENT 2,374,243
1107 HAZELTINE BLVD SUITE 200
CHASKA,MN55318
JOHN B GOODMAN LIMITED PARTNERSHIP DESIGN AND DEVELOPMENT 1,198,159
1107 HAZELTINE BLVD SUITE 200
CHASKA,MN55318
BRAM FLOORING LLC FLOORING 403,740
18700 N 107TH AVE
SUN CITY,AZ85373
PLATINUM CAREER SOLUTIONS OF MONTANA AGENCY STAFFING 293,925
1535 LIBERTY LANE SUITE 117B
MISSOULA,MT59808
JOE BENCHEA - SILVER STAR HEATING A HEATING AND COOLING CONTRACTOR 228,165
7048 W SWEETWATER AVE
PEORIA,AZ85381
Total number of others receiving over $50,000 for professional services.............right arrow11
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 THE FOUNDATION IS THE SOLE MEMBER OF RIDGES AT PEORIA, LLC, WHICH CONSISTS OF A 107-UNIT INDEPENDENT AND ASSISTED LIVING FACILITY KNOWN AS ARBOR RIDGE, A 244-UNIT INDEPENDENT AND ASSISTED LIVING FACILITY KNOWN AS GARDEN RIDGE, AND AN 80-UNIT MEMORY CARE FACILITY KNOWN AS SENITA RIDGE, ALL LOCATED IN PEORIA, ARIZONA. 14,192,729
2 THE FOUNDATION IS THE SOLE MEMBER OF EMERALD SPRINGS OF YUMA, LLC, WHICH CONSISTS OF A 147-UNIT INDEPENDENT AND ASSISTED LIVING FACILITY LOCATED IN YUMA, ARIZONA. 4,334,045
3 THE FOUNDATION IS THE SOLE MEMBER OF HAMILTON SKILLED, LLC AND DISCOVERY CARE CENTRE, LLC. IN NOVEMBER 2021, HAMILTON SKILLED, LLC ACQUIRED A FACILITY CURRENTLY CONTAINING 58 SKILLED NURSING BEDS, 35 ASSISTED LIVING UNITS, AND A FIVE-PERSON ADULT DAY CARE FACILITY LOCATED IN HAMILTON, MONTANA. HAMILTON SKILLED, LLC OWNS THE PROPERTY WHICH IS LEASED TO AND OPERATED BY DISCOVERY CARE CENTRE, LLC. 6,868,676
4 THE FOUNDATION IS THE SOLE MEMBER OF LAKE LORRAINE, LLC. IN AUGUST 2023, LAKE LORRAINE, LLC ACQUIRED A FACILITY CONSISTING OF 151 INDEPENDENT LIVING FACILITIES, 65 ASSISTED LIVING UNITS, AND 30 MEMORY CARE UNITS. THE FACILITY IS LOCATED IN SIOUX FALLS, SOUTH DAKOTA. 2,561,260
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
0
b
Average of monthly cash balances.......................
1b
22,125,478
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
22,125,478
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
22,125,478
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
331,882
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
21,793,596
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,089,680
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
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
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
 
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
4,903,200
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
46,827,061
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
51,730,261
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  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$  
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount.....  
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 .......... 		 
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
0 0 0 0 0
b 85% (0.85) of line 2a ......... 0 0 0 0 0
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		51,730,261 9,400,134 10,492,121 68,186,396 139,808,912
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		204,333 166,333 0 0 370,666
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		51,525,928 9,233,801 10,492,121 68,186,396 139,438,246
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ...... 331,951,915 294,643,528 298,216,479 295,118,935 1,219,930,857
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		 128,577,170 65,866,219 66,930,012 0 261,373,401
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		726,453 591,225 371,095 101,064 1,789,837
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) .... 		28,232,406 20,157,651 15,339,337 14,759,017 78,488,411
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		    0 0 0
(3) Largest amount of support
from an exempt organization		     0 0 0
(4) Gross investment income 29,142,158 19,814,606 13,420,286 14,759,017 77,136,067
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

ROCK STEADY BOXING INC

7440 N SHADELAND AVENUE STE 202
INDIANAPOLIS,IN46250 		  PC TO SUPPORT THE COACH CONFERENCE THAT PROVIDES TRAINING AND HANDS-ON TECHNIQUES TO HELP FACILITATORS TRAIN THEIR CLIENTS AND PROVIDES PLANS THAT WILL HELP GROW THE ROCK STEADY BOXING PROGRAM 6,000

BARRIER FREE GOLF INC

1110 YELLOW BRICK ROAC
CHASKA,MN55318 		  PC WORKS WITH GOLF COURSES AND MUNICIPALILTIES TO CREATE ACCESS PATHWAYS TO FUN GOLF FOR ALL. 33,333

FOLDS OF HONOR - MN INC

372 FERNDALE ROAD SOUTH
WAYZATA,MN55391 		  PC PROVIDES SCHOLARSHIPS TO FAMILIES OF AMERICA'S FALLEN OR DISABLED MILITARY AND RESPONDERS 15,000

GROVES ACADEMY

3200 HIGHWAY 100 S
ST LOUIS PARK,MN55416 		  PC AN EDUCATIONAL ECOSYSTMEN THAT EMPOWERS EACH AND EVERY UNIQUE LEARNER TO DISCOVER THEIR BRILLANCE. 2,500

CHILDRENS CANCER RESEARCH

7301 OHMS LN SUITE 355
MINNEAPOLIS,MN55439 		  PC SUPPORT RESEARCH ACROSS THE COUNTRY WHICH MAKES THE GREATEST IMPACT ON CHILDREN FIGHTING CANCER. FUND RESOURCES AND PROGRAMS THAT HELP KIDS AND FAMILIES AS THEY NAVIGTE THE CANCER TREATMENT AND SURVIVORSHIP. 15,000

CHILDRENS HEALTH CARE FOUNDATION

5901 LINCOLN DR
EDINA,MN55436 		  PC CHAMPION THE HEALTH NEEDS OF CHILDREN AND FAMILIES. 10,000

100 CLUB

333 N 44TH STREET 100
PHOENIX,AZ85008 		  PC EVOLVED TO PROVIDE ASSISTANCE, INCLUDING IMMEDIATE FINANCIAL AID, EDUCATIONS, AND ONGOING SUPPORT FOR ALL PUBLIC SAFETY MEMBERS AND THEIR FAMILIES. 5,000

BELIEVE FOUNDATION

1907 WAYZATA BLVD 180
WAYZATA,MN55391 		  PC HELPS GRIEVING FAMILIES IN MINNESOTA FACING HARDSHIP AFTER THE DEATH OF THEIR CHILD BY PROVIDING IMMEDIATE AND PRACTICAL FINANCIAL ASSISTANCE AND PARTNERHING WITH OTHER ORGANIZATIONS TO OFFER ONGOING EMOTIONAL SUPPORT AND HEALING. 2,500

AMERICAN CANCER SOCIETY

PO BOX 6704
HAGERSTOWN,MD21741 		  PC SUPPORTS RESEARCH, CANCER EDUCATION, CANCER PREVENTION, AND DISEASE NAVIGATION. 7,500

MAYO CLINIC

200 FIRST STREET SW
ROCHESTER,MN55905 		  PC PROVIDES EXPERTISE IN PATIENT CARE AND INNOVATIVE RESEARCH TO MEET THE NEEDS OF PATIENTS AND MEDICAL EDUCATION TO THE HEALTH CARE WORKFORCE. 25,000

AMERICAN HEART ASSOCIAITON

7272 GREENVILLE AVENUE
DALLAS,TX75231 		  PC FUNDS CARDIOVASCULAR MEDICAL RESEARCH, EDUCATES CONSUMERS ON HEALTHY LIVING AND FOSTERS APPROPRIATE CARDIAC CARE. 7,500

CIRCLE THE CITY

300 W CLARENDON AVENUE
PHOENIX,AZ85013 		  PC OFFERS A WIDE VARIETY OF HEALTHCARE SERVICES TO MEET THE NEEDS OF INDIVIDUALS THAT ARE FACING HOMELESSNESS. 3,000

PRAGER UNIVERSITY FOUNDATION

15021 VENTURA BLVD 552
SHERMAN OAKS,CA91403 		  PC PROMOTE AMERICAN VALULES THROUGH CREATIVE EDUCATIONAL VIDEOS. 2,500

MINNEAPOLIS INSTITUTE OF ART

2400 THIRD AVENUE SOUTH
MINNEAPOLIS,MN55404 		  PC DEDICATED TO EXHIBITING AND SUPPORTING ARTISTS LIVING AND WORKING IN MINNESOTA 10,000

SALVATION ARMY MINNEAPOLIS CENTRAL WORSHIP & SERVICE CENTER

2727 CENTRAL AVENUE NE
MINNEAPOLIS,MN55418 		  PC ACCESSES THE NEEDS OF EACH COMMUNITY AND BUILDS PROGRAMS DESIGNED TO OFFER IMMEDIATE RELIEF. 10,000

FRIENDS OF THE ISRAEL DEFENSE FORCES

PO BOX 4224
NEW YORK,NY10163 		  PC TRANSFORM THE LIVES OF THE YOUNG MEN AND WOMEN OF THE IDF THROUGH EMPOWERING EDUCATIONAL, FINANCIAL, WELL-BEING, AND CULTURAL INITIATIVES. 10,000

GIVE DIRECTLY

PO BOX 3221
NEW YORK,NY10163 		  PC EMPOWER FAMILIES IN POVERTY TO CHOOSE HOW BEST TO IMPROVE THEIR LIVES. 5,000

NATIONAL ALLIANCE FOR CAREGIVING

4720 MONTGOMERY LANE 2ND FLOOR
BETHESDA,MD20814 		  PC BUILD PARTNERSHIPS IN RESEARCH, ADVOCACY, AND INNOVATION 7,500

PHILIPPINE CHILDREN'S HUNGER FUND

21208 N 52ND AVE
GLENDALE,AZ85308 		  PC PROVIDES FOOD, VITAL ESSENTIALS, AND HOPE TO CHILDREN AND FAMILIES. 2,000

RED FEATHER

2717 N STEVES BOULEVARD SUITE 8
FLAGSTAFF,AZ86004 		  PC WORK TO CREATE SELF-SUSTAINING COMMUNITES THROUGH HEALTHY AND SAFE HOUSING. 2,500

THRIVE AZ

14202 N 73RD AVE
PEORIA,AZ85381 		  PC TO PROVIDE HOPE AND RESOURCES FOR AT-RISK FAMILIES AND AGED OUT YOUNG ADULTS. 2,500

WORLD WILDLIFE FUND

1250 24TH STREET NW
WASHINGTON,DC97180 		  PC WORKS ACROSS COUNTRY TO UNITE AMERICANS FROM ALL WALKS OF LIFE IN GIVING WILDLIFE A VOICE. 5,000

AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS (ASPCA)

424 E 92ND ST
NEW YORK,NY10128 		  PC PROVIDES EFFECTIVE MEANS FOR THE PREVENTION OF CRUELTY TO ANIMALS THROUGHOUT THE UNITED STATES 5,000

PACER CENTER INC

8161 NORMANDALE BLVD
MINNEAPOLIS,MN55437 		  PC PROVIDES INDIVIDUAL ASSISTANCE, WORKSHOPS, PUBLICATIONS, AND OTHER RESOURCES TO HELP FAMILIES MAKE DECISIONS ABOUT EDUCATION AND OTHER SERVICES FOR THEIR CHILD OR YOUNG ADULT WITH DISABILITIES. 10,000
Total .................................right arrow 3a 204,333
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 ........... 		    14 827,304  
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -810,448  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRENT REVENUE - RIDGES AT PEORIA, LLC 		        10,849,997
bRENT REVENUE - EMERALD SPRINGS OF YUMA LLC         3,526,578
cANCILLARY SERVICE REVENUE - RIDGES AT PEORIA, LLC         3,097,313
dANCILLARY SERVICE REVENUE - EMERALD SPRINGS OF YUMA LLC         1,019,023
eANCILLARY SERVICE REVENUE - DISCOVERY CARE CENTRE LLC         5,873,580
fMISCELLANEOUS REVENUE - RIDGES AT PEORIA, LLC         586,196
gRENT REVENUE - DISCOVERY CARE CENTRE LLC         3,349
hMISCELLANEOUS REVENUE - EMERALD SPRINGS OF YUMA LLC         111,708
iLOSS ON ILHC OF STILLWATER         -625,742
jMISCELLANEOUS REVENUE - VALLEY VIEW         363,667
kMISCELLANEOUS REVENUE - DISCOVERY         49,729
lRENT REVENUE - LAKE LORRAINE, LLC         2,597,753
mANCILLARY REVENUE - LAKE LORRAINE, LLC         703,306
nMISCELLANEOUS REVENUE - LAKE LORRAINE, LLC         75,949
12 Subtotal. Add columns (b), (d), and (e) .. 0 16,856 28,232,406
13Total. Add line 12, columns (b), (d), and (e)..................
13
28,249,262
(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.)
11A RIDGES RENT REVENUE FROM DIRECT CHARITABLE ACTIVITIES
11B EMERALD RENT REVENUE FROM DIRECT CHARITABLE ACTIVITIES
11C RIDGES ANCILLARY REVENUE FROM DIRECT CHARITABLE ACTIVITIES
11D EMERALD ANCILLARY REVENUE FROM DIRECT CHARITABLE ACTIVITIES
11E DISCOVERY CARE ANCILLARY REVENUE FROM DIRECT CHARITABLE ACTIVITIES
11F RIDGES MISCELLANEOUS PROGRAM REVENUE FROM DIRECT CHARITABLE ACTIVITIES
11G DISCOVERY CARE RENT REVENUE FROM DIRECT CHARITABLE ACTIVITIES
11H EMERALD MISCELLANEOUS PROGRAM REVENUE FROM DIRECT CHARITABLE ACTIVITIE
11I LOSS ON NONPROFIT JOINT VENTURE AS PART OF DIRECT CHARITABLE ACTIVITIE
11J VALLEY VIEW MISCELLANEOUS PROGRAM REVENUE FROM DIRECT CHARITABLE ACTI
11K DISCOVERY MISCELLANEOUS PROGRAM REVENUE FROM DIRECT CHARITABLE ACTIVIT
11L LAKE LORRAINE, LLC RENT REVENUE FROM DIRECT CHARITABLE ACTIVITIES
11M LAKE LORRAINE CARE ANCILLARY REVENUE FROM DIRECT CHARITABLE ACTIVITIES
11N LAKE LORRAINE MISCELLANEOUS PROG. REV. FROM DIR CHARITABLE ACTIVITIES
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE GOODMAN FAMILY OPERATING FOUNDATION
EIN:
61-1816821
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 401,494 0 0 401,494

TY 2023 LandEtcSchedule2
Name:
THE GOODMAN FAMILY OPERATING FOUNDATION
EIN:
61-1816821
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND 9,090,229 0 9,090,229 9,090,229
BUILDINGS 93,002,784 4,901,315 88,101,469 88,101,469
EQUIPMENT 16,131,515 4,204,499 11,927,016 11,927,016
OTHER 3,403,037 428,342 2,974,695 2,974,695


TY 2023 LegalFeesSchedule
Name:
THE GOODMAN FAMILY OPERATING FOUNDATION
EIN:
61-1816821
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 78,542 0 0 78,542


TY 2023 OtherAssetsSchedule
Name:
THE GOODMAN FAMILY OPERATING FOUNDATION
EIN:
61-1816821
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
TENANT SECURITY DEPOSITS 16,475 19,257 19,257
INVESTMENT IN ILHC OF STILLWATER 3,886,413 6,706,952 6,706,952


TY 2023 OtherExpensesSchedule
Name:
THE GOODMAN FAMILY OPERATING FOUNDATION
EIN:
61-1816821
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MAINTENANCE 643,192 0 0 570,691
FOOD 1,599,428 1,599,428 1,599,428 0
OTHER 1,020,545 0 0 1,020,545
INSURANCE 741,550 0 0 741,550
INFORMATION TECHNOLOGY 396,026 0 0 396,026
OFFICE EXPENSES 259,642 0 0 259,642
ADVERTISING 551,460 0 0 551,460
SUPPLIES 944,990 944,990 944,990 0
DRUGS 60,226 0 0 60,226


TY 2023 OtherIncomeSchedule2
Name:
THE GOODMAN FAMILY OPERATING FOUNDATION
EIN:
61-1816821
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
RENT REVENUE - RIDGES AT PEORIA, LLC 10,849,997 10,849,997 10,849,997
RENT REVENUE - EMERALD SPRINGS OF YUMA LLC 3,526,578 3,526,578 3,526,578
ANCILLARY SERVICE REVENUE - RIDGES AT PEORIA, LLC 3,097,313 3,097,313 3,097,313
ANCILLARY SERVICE REVENUE - EMERALD SPRINGS OF YUMA LLC 1,019,023 1,019,023 1,019,023
ANCILLARY SERVICE REVENUE - DISCOVERY CARE CENTRE LLC 5,873,580 5,873,580 5,873,580
MISCELLANEOUS REVENUE - RIDGES AT PEORIA, LLC 586,196 586,196 586,196
RENT REVENUE - DISCOVERY CARE CENTRE LLC 3,349 3,349 3,349
MISCELLANEOUS REVENUE - EMERALD SPRINGS OF YUMA LLC 111,708 111,708 111,708
LOSS ON ILHC OF STILLWATER -625,742 -543,294 -543,294
MISCELLANEOUS REVENUE - VALLEY VIEW 363,667 363,667 363,667
MISCELLANEOUS REVENUE - DISCOVERY 49,729 49,729 49,729
RENT REVENUE - LAKE LORRAINE, LLC 2,597,753 2,597,753 2,597,753
ANCILLARY REVENUE - LAKE LORRAINE, LLC 703,306 703,306 703,306
MISCELLANEOUS REVENUE - LAKE LORRAINE, LLC 75,949 75,949 75,949


TY 2023 OtherIncreasesSchedule
Name:
THE GOODMAN FAMILY OPERATING FOUNDATION
EIN:
61-1816821
Description Amount
PRESENT VALUE ADJUSTMENT OF ANNUITY RECEIVABLE 7,309,569


TY 2023 OtherLiabilitiesSchedule
Name:
THE GOODMAN FAMILY OPERATING FOUNDATION
EIN:
61-1816821
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED LOAN COSTS 32,812 0


TY 2023 OtherProfessionalFeesSchedule
Name:
THE GOODMAN FAMILY OPERATING FOUNDATION
EIN:
61-1816821
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT 1,792,528 1,792,528 1,792,528 0
OTHER 1,202,691 1,202,691 1,202,691 0


TY 2023 TaxesSchedule
Name:
THE GOODMAN FAMILY OPERATING FOUNDATION
EIN:
61-1816821
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAX 1,077,857 1,077,857 1,077,857 0