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 ELMS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 813
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FRANKLIN, VA23851
A Employer identification number

62-1383398
B Telephone number (see instructions)

(757) 562-3439
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$699,384J Accounting method:
MODIFIED CASH
(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) 404,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 5,902 5,902 5,902
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  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
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
755   755
12 Total. Add lines 1 through 11........ 410,657 5,902 6,657
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 250,709     250,709
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 44,732     44,732
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,900     6,900
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
6,926     6,926
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
30,117    
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
108,794     108,794
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 448,178 0   418,061
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 448,178 0   418,061
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -37,521
b Net investment income (if negative, enter -0-) 5,902
c Adjusted net income (if negative, enter -0-)... 6,657
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 801,414 699,384 699,384
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)      
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)..........      
14 Land, buildings, and equipment: basis right arrow1,170,046
Less: accumulated depreciation (attach schedule) right arrow753,895 353,708 Click to see attachment
List of Attached Documents:
// Content
416,151 		 
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
14,931 		Click to see attachment
List of Attached Documents:
// Content
15,378 		 
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,170,053 1,130,913 699,384
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,036 		Click to see attachment
List of Attached Documents:
// Content
417
23 Total liabilities (add lines 17 through 22)......... 2,036 417
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........... 1,168,017 1,130,496
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,168,017 1,130,496
30 Total liabilities and net assets/fund balances (see instructions). 1,170,053 1,130,913
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
1,168,017
2
Enter amount from Part I, line 27a .....................
2
-37,521
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,130,496
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
1,130,496
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.)
1a
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
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
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  
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 82
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 82
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 82
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 749
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.............. 7 749
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 10 667
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow667 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowVA
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 arrowMICHAEL W JOHNSON Telephone no.right arrow (757) 562-3439

Located atright arrow31477 UNITY ROADSEDLEYVA ZIP+4right arrow23878
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
 
 
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
P DOUGLAS CAMP IV DIRECTOR
1.00 		0 0 0
4112 SOUTHAMPTON RD
RICHMOND,VA23225
JOHN M CAMP III PRES/TREAS
1.00 		0 0 0
110 FRANKLIN STREET
ALEXANDRIA,VA22314
KAYE W STORY ASST SECRETA
40.00 		86,901 0 0
175 BOBWHITE LN
FRANKLIN,VA23851
PDC MARKS JR VP
1.00 		0 0 0
31 HUNTWICK COURT
COLUMBIA,SC29206
JANE W BLAKE DIRECTOR
1.00 		0 0 0
816 WELLINGTON WAY
MADISON,MS391107749
JOHN R MARKS DIRECTOR
1.00 		0 0 0
209 MEADOW LANE
FRANKLIN,VA23851
MICHAEL W JOHNSON SECRETARY
40.00 		163,808 0 0
31477 UNITY RD
SEDLEY,VA23878
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 TO OWN, MANAGE, PRESERVE AND MAINTAIN "THE ELMS", WHICH IS A HISTORIC LANDMARK LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES. 418,061
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
0
b
Average of monthly cash balances.......................
1b
635,358
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
635,358
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
635,358
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
9,530
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
625,828
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
31,291
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
418,061
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
418,061
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$ 418,061
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 418,061
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 5 418,061
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
6,657 3,235 2,229 3,136 15,257
b 85% (0.85) of line 2a ......... 5,658 2,750 1,895 2,666 12,969
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		418,061 484,368 359,810 360,174 1,622,413
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 .... 		418,061 484,368 359,810 360,174 1,622,413
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 .. 		20,861 23,869 18,835 9,074 72,639
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
Total .................................right arrow 3a  
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 5,902  
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 ............ 		         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		        755
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   5,902 755
13Total. Add line 12, columns (b), (d), and (e)..................
13
6,657
(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
CAMP FOUNDATION PRIVATE FOUNDAT COMMON OFFICERS/DIRECTORS
RUTH CAMP CAMPBELL FOU PRIVATE FOUNDAT COMMON OFFICERS/DIRECTORS
CAMP YOUNTS FOUNDATION PRIVATE FOUNDAT COMMON OFFICERS/DIRECTORS
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 ELMS FOUNDATION
 
Employer identification number

62-1383398
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 ELMS FOUNDATION
  		Employer identification number
62-1383398
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
CAMP FOUNDATION
PO BOX 813
 
FRANKLIN, VA23851

$ 73,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
CAMP YOUNTS FOUNDATION
PO BOX 813
 
FRANKLIN, VA23851

$ 202,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
THE RUTH CAMP CAMPBELL FOUNDATION
PO BOX 813
 
FRANKLIN, VA23851

$ 129,000


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

$  


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

$  


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

$  


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

62-1383398
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE ELMS FOUNDATION
  		Employer identification number

62-1383398
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 ELMS FOUNDATION
EIN:
62-1383398
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT FEE 6,900     6,900

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
THE ELMS FOUNDATION
EIN:
62-1383398
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
TABLE 1987-01-01 651 651 S/L 5.0000        
TABLE 1987-01-01 575 575 S/L 5.0000        
TABLE 1987-01-01 792 792 S/L 5.0000        
CHAIR 1987-01-01 277 277 S/L 5.0000        
2 CHAIRS 1987-01-01 292 292 S/L 5.0000        
CHAIR 1987-01-01 209 209 S/L 5.0000        
2 FILE CABINETS 1987-01-01 452 452 S/L 5.0000        
2 CALCULATORS 1987-01-01 234 234 S/L 5.0000        
7 SHADES 1987-01-01 455 455 S/L 5.0000        
1 COPY MACHINE 1987-01-01 2,968 2,968 S/L 5.0000        
CARPET 1987-02-01 335 335 S/L 5.0000        
A/C UNIT 1987-07-01 549 549 S/L 5.0000        
REPLACE WHEEL CHAIR LIFT 1997-08-22 1,679 1,679 S/L 10.0000        
1 FILE CABINET 1987-02-01 226 226 S/L 5.0000        
4 GLASSES FOR DESKTOPS 1987-02-01 192 192 S/L 5.0000        
DRAPERIES 1988-01-01 4,342 4,342 S/L 5.0000        
RUGPADS & RUG 1988-04-01 324 324 S/L 5.0000        
UPHOLSTERY FOR FURNITURE 1988-04-01 1,551 1,551 S/L 5.0000        
SILK FLOWERS 1988-04-01 188 188 S/L 5.0000        
SPREAD 1988-04-01 125 125 S/L 5.0000        
COMPUTER TABLE 1988-03-01 395 395 S/L 5.0000        
LAWN MOWER 1988-06-01 178 178 S/L 5.0000        
REBUILD TRACTOR 1988-04-01 373 373 S/L 5.0000        
REBUILD LAWN MOWER 1988-09-01 1,036 1,036 S/L 5.0000        
UPHOLSTER FURNITURE 1989-04-01 180 180 S/L 5.0000        
DRAPERIES 1989-07-01 2,091 2,091 S/L 5.0000        
BLINDS 1989-08-01 135 135 S/L 5.0000        
MAP 1989-08-01 750 750 S/L 5.0000        
DRAPERIES 1989-08-01 2,256 2,256 S/L 5.0000        
FLOOR LAMP 1990-01-01 145 145 S/L 5.0000        
CALCULATOR 1991-03-01 105 105 S/L 5.0000        
COMPUTER EQUIPMENT 1991-06-01 5,811 5,811 S/L 5.0000        
5 LAMP SHADES 1991-08-01 255 255 S/L 5.0000        
LEAF BLOWER 1991-12-01 141 141 S/L 5.0000        
BURNER FOR FURNACE 1992-03-01 975 975 S/L 5.0000        
UPHOLSTERY 1992-03-01 916 916 S/L 5.0000        
LAWN MOWER 1992-04-01 522 522 S/L 5.0000        
TRIMMER 1992-04-01 136 136 S/L 5.0000        
FILE CABINET 1992-11-01 266 266 S/L 5.0000        
DRAPERIES 1992-11-01 1,339 1,339 S/L 5.0000        
WALLPAPER 1992-11-01 807 807 S/L 5.0000        
COMPUTER EQUIPMENT 1992-12-01 955 955 S/L 5.0000        
BURGLAR ALARM 1992-12-01 2,200 2,200 S/L 5.0000        
UPHOLSTERY 1992-12-01 531 531 S/L 5.0000        
SILK FLOWERS 1992-12-31 146 146 S/L 5.0000        
8 LAMP SHADES 1993-07-08 504 504 S/L 5.0000        
HEATER & FLOOR FAN 1993-03-03 394 394 S/L 5.0000        
EXECUTIVE CHAIR 1993-05-06 401 401 S/L 5.0000        
COMPUTER EQUIPMENT 1993-02-22 903 903 S/L 5.0000        
A/C SYSTEM 1993-11-03 2,075 2,075 S/L 5.0000        
UPHOLSTERY & DRAPERIES 1993-11-07 1,770 1,770 S/L 5.0000        
WALLPAPER 1994-02-28 1,346 1,346 S/L 5.0000        
UPHOLSTER/DRAPES-DINING ROOM 1994-02-28 2,083 2,083 S/L 5.0000        
ADDING MACHINE 1994-04-05 123 123 S/L 5.0000        
FILE CABINET 1995-08-08 295 295 S/L 5.0000        
COMPUTER EQUIPMENT 1995-12-28 495 495 S/L 5.0000        
UTILITY/WORK TABLE 1996-06-06 130 130 S/L 5.0000        
FAX MACHINE 1996-12-06 401 401 S/L 5.0000        
PHONE SYSTEM 1996-03-28 1,918 1,918 S/L 5.0000        
GE MICROWAVE 1997-06-04 198 198 S/L 5.0000        
SECRETARY CHAIR 1997-07-18 157 157 S/L 5.0000        
26 FOLDING CHAIRS 1997-12-17 2,381 2,381 S/L 5.0000        
CHAIN SAW, HEDGE TRIMMER 1997-03-19 548 548 S/L 5.0000        
ANSWERING MACHINE 1998-04-02 141 141 S/L 5.0000        
CARRIER A/C, HEATER WINDOW UNIT 1998-05-08 1,003 1,003 S/L 5.0000        
POWER SHREDDER NA115V 1998-07-16 1,452 1,452 S/L 5.0000        
COMPUTER, PRINTER 1998-08-18 2,811 2,811 S/L 5.0000        
TYPEWRITER - 740 NAKAJIMA 1998-10-12 460 460 S/L 5.0000        
FIRE PROOF FILE CABINET 1998-11-09 1,219 1,219 S/L 5.0000        
DESK - MAHOGANY 1999-03-18 2,080 2,080 S/L 5.0000        
VCR/STEREO/TV 1999-12-01 501 501 S/L 5.0000        
AIR CONDITIONING UNIT 1999-03-16 1,340 1,340 S/L 5.0000        
FOUNTAIN,BENCH,PLANTER 1999-04-01 3,265 3,265 S/L 5.0000        
GARDEN TRACTOR 2000-04-19 3,658 3,658 S/L 5.0000        
GENERATOR, BREAKERS, ETC 2000-07-28 1,928 1,928 S/L 5.0000        
DINING ROOM CHAIRS 2000-08-30 6,048 6,048 S/L 5.0000        
WASHER 2000-04-13 378 378 S/L 5.0000        
LEAF MACHINE 2001-12-31 1,925 1,925 S/L 5.0000        
FLAG & FLAGPOLE 2001-11-27 2,151 2,151 S/L 5.0000        
COMPUTER, CAMCORDER, ETC 2002-01-30 7,708 7,708 S/L 5.0000        
COMPUTER EQUIPMENT 2002-06-05 4,057 4,057 S/L 5.0000        
LIGHTING-BIRD CABINENT 2002-06-28 3,567 3,567 S/L 10.0000        
HOUSE 1987-01-01 155,000 142,763 S/L 31.5000 3,875      
GUTTERING 1988-08-01 650 571 S/L 31.5000 17      
ROOF 1988-09-01 3,800 3,333 S/L 31.5000 95      
LAMP, SWITCHES 1988-12-01 735 637 S/L 31.5000 18      
PORCH IMPROVEMENTS 1989-03-01 369 319 S/L 31.5000 10      
GUTTERING 1989-01-01 2,315 2,010 S/L 31.5000 58      
REPLACE PORCH ROOF 1990-03-01 480 403 S/L 31.5000 12      
ELECTRICAL IMPROV. 1994-02-28 1,023 1,023 S/L 10.0000        
PORCH IMPROVEMENTS 1995-09-18 1,224 1,224 S/L 10.0000        
FURNACE 1995-11-21 1,725 1,725 S/L 15.0000        
BLDG RENOVATIONS 1998-07-24 97,870 59,844 S/L 39.0000 2,445      
SMOKE DETECTORS 1997-02-12 1,212 1,212 S/L 10.0000        
TILE - BUTLER'S PANTRY 1997-02-04 188 188 S/L 10.0000        
REPLACE GUTTERS 1998-07-15 1,440 1,440 S/L 10.0000        
SAND, SEAL PORCH & OAK FLOOR 1998-09-17 2,030 2,030 S/L 10.0000        
REMODELING/RENOVATIONS 1999-06-01 42,349 42,349 S/L 15.0000        
ROOF & EXTERIOR RENOVATIONS 2000-12-21 112,466 61,973 S/L 39.0000 2,811      
REPLACE HEAT/AIR FRONT PORCH 2000-12-04 5,989 5,989 S/L 10.0000        
BAL ON ROOF/WINDOWS 2001-01-11 5,174 2,841 S/L 39.0000 129      
LAND 1987-01-01 65,000              
ASPHALT DRIVEWAY 1989-10-01 4,460 3,872 S/L 31.5000 112      
LANDSCAPING 1990-06-01 18,519 12,370 S/L 5.0000        
LANDSCAPING 1990-07-01 135 91 S/L 5.0000        
LANDSCAPING PLANTS 1991-07-01 885 743 S/L 5.0000        
LANDSCAPING PLANTS 1992-04-01 1,226 1,226 S/L 5.0000        
LANDSCAPING/FOUNTAIN BED 1999-04-13 12,225 12,225 S/L 5.0000        
WALK BEHIND MOWER 2003-11-04 313 313 S/L 5.0000        
HAND HELD HEDGER 2003-05-05 345 345 S/L 5.0000        
WASHING MACHINE 2003-06-12 619 619 S/L 5.0000        
HISTORICAL ARCHIVE BLDG 2003-11-07 202,951 99,524 S/L 39.0000 5,203      
ALARM SYSTEM 2004-01-08 540 540 S/L 5.0000        
HOT WATER BOILER 2005-09-12 18,063 15,654 S/L 20.0000 903      
WINDOW TREATMENTS 2006-04-13 9,383 9,383 S/L 5.0000        
WINDOW UNIT - DOWN STAIRS BATHROOM 2007-07-18 1,422 1,422 S/L 10.0000        
3 TON HEAT PUMP 2008-10-10 9,966 9,966 S/L 10.0000        
REPLACE BOARDS, PAINT, FLOORS 2008-06-29 29,299 28,322 S/L 15.0000 977      
VACUUM 2009-09-09 491 491 S/L 5.0000        
REFRIGERATOR/GARAGE 2009-12-18 524 524 S/L 5.0000        
TRACTOR/CUTTER 2009-08-04 4,700 4,700 S/L 5.0000        
COMPUTER/ARCHIVES 2009-06-16 937 937 S/L 5.0000        
COMPUTERS 2010-10-22 16,758 16,758 S/L 5.0000        
TELEPHONE SYSTEM 2010-11-10 4,117 4,117 S/L 5.0000        
OFFICE FURNITURE 2011-03-01 3,220 3,220 S/L 5.0000        
LAWN MOWER & BAGGER 2012-12-20 2,278 2,278 S/L 5.0000        
LANDSCAPING - TREES/BUSHES 2012-03-08 4,400 4,400 S/L 5.0000        
EVAPORATOR 2013-01-18 11,623 11,623 S/L 5.0000        
CLOUD NETWORK AND COMPUTERS 2014-05-27 6,927 6,927 S/L 5.0000        
ACCESS CONTROL - DOOR 2014-09-04 11,570 9,642 S/L 10.0000 1,157      
PAINT/REPR WOOD/ ETC 2014-10-01 10,895 5,992 S/L 15.0000 727      
ROOF 2014-12-31 8,213 1,642 S/L 40.0000 206      
WALL HEAT UNIT 2014-02-21 2,290 2,023 S/L 10.0000 229      
AWNINGS 2015-02-03 4,800 1,900 S/L 20.0000 240      
RUG - PORCH 2015-06-30 1,408 1,408 S/L 5.0000        
COMPUTER -ARCHIVES 2018-04-02 3,216 3,055 S/L 5.0000 161      
2019 CUSHMAN 800 GAS GOLF CART 2019-11-25 7,521 4,512 S/L 5.0000 1,505      
1 OPTIPLEX COMPUTER/1 LAPTOP/2 MONITORS 2019-01-25 6,138 4,808 S/L 5.0000 1,227      
TRANE HEAT PUMP 2020-07-08 6,990 1,748 S/L 10.0000 699      
2 MICROSOFT LAPTOP NOTEBOOKS W/DOCKING STATIO 2022-07-07 7,247 725 S/L 5.0000 1,449      
ROOF REPAIRS - BACK GARAGE BLDG 2022-09-08 9,262 206 S/L 15.0000 617      
SMOKEHOUSE REPAIR/PAINT 2022-06-03 7,200 280 S/L 15.0000 480      
EXTERIOR PAINTING MAIN HOUSE/REPAIRS 2022-09-14 22,500 500 S/L 15.0000 1,500      
ROOF REPLACEMENT 2023-02-08 58,320   S/L 20.0000 2,673      
RAILINGS FOR 2ND FLOOR BALCONY 2023-08-16 23,500   S/L 15.0000 522      
CONCRETE SIDEWALD 2023-11-27 10,740   S/L 15.0000 60      

TY 2023 LandEtcSchedule2
Name:
THE ELMS FOUNDATION
EIN:
62-1383398
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FURNITURE & FIXTURES 194,487 183,264 11,223  
LAND & IMPROVEMENTS 117,590 35,098 82,492  
HOUSE & IMPROVEMENTS 857,969 535,533 322,436  


TY 2023 OtherAssetsSchedule
Name:
THE ELMS FOUNDATION
EIN:
62-1383398
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
HISTORICAL ARCHIVES 14,931 14,931  
PAYROLL REFUND DUE   447  


TY 2023 OtherExpensesSchedule
Name:
THE ELMS FOUNDATION
EIN:
62-1383398
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
ARCHIVE EXPENSE 650     650
COMPUTER EXPENSES 5,816     5,816
DUES AND SUBSCRIPTIONS 3,322     3,322
FUEL, OIL 4,387     4,387
GUIDESTAR, SOFTWARE 849     849
INSURANCE 17,394     17,394
MISCELLANEOUS 1,539     1,539
POSTAGE 1,032     1,032
COPIER LEASE 4,684     4,684
REPAIRS & MAINTENANCE 43,600     43,600
SECURITY SYSTEM 1,451     1,451
SUPPLIES 6,427     6,427
TELEPHONE 4,130     4,130
UTILTIES 8,513     8,513
YEARLY GRANT SOFTWARE FEE 5,000     5,000


TY 2023 OtherIncomeSchedule2
Name:
THE ELMS FOUNDATION
EIN:
62-1383398
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 755   755


TY 2023 OtherLiabilitiesSchedule
Name:
THE ELMS FOUNDATION
EIN:
62-1383398
Description Beginning of Year - Book Value End of Year - Book Value
PAYROLL TAX LIABILITIES 533  
CREDIT CARDS PAYABLE 1,503 417


TY 2023 TaxesSchedule
Name:
THE ELMS FOUNDATION
EIN:
62-1383398
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REAL ESTATE TAXES 6,856     6,856
TAXES - OTHER 70     70