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 LEIGHTON-OARE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)70959 BATCHELOR DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NILES, MI49120
A Employer identification number

35-6034243
B Telephone number (see instructions)

(269) 687-6290
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$25,611,556J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 182,863 182,863  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 316,054
b Gross sales price for all assets on line 6a 2,359,625
7 Capital gain net income (from Part IV, line 2)... 316,054
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
1,037,331 1,081,764  
12 Total. Add lines 1 through 11........ 1,536,248 1,580,681  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
34,430 17,215   17,215
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
518 518   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
66 33   33
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 35,014 17,766   17,248
25 Contributions, gifts, grants paid....... 1,213,775 1,213,775
26 Total expenses and disbursements. Add lines 24 and 25 1,248,789 17,766   1,231,023
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 287,459
b Net investment income (if negative, enter -0-) 1,562,915
c Adjusted net income (if negative, enter -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............. 906,733 1,506,175 1,506,175
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 906,461 Click to see attachment
List of Attached Documents:
// Content
1,104,211 		1,086,566
b Investments—corporate stock (attach schedule)....... 1,938,272 Click to see attachment
List of Attached Documents:
// Content
1,907,762 		3,599,126
c Investments—corporate bonds (attach schedule)....... 746,871 Click to see attachment
List of Attached Documents:
// Content
754,854 		732,676
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).......... 16,087,984 Click to see attachment
List of Attached Documents:
// Content
15,600,778 		18,687,013
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,586,321 20,873,780 25,611,556
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 13,297,780 13,297,780
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 7,288,541 7,576,000
29 Total net assets or fund balances (see instructions)..... 20,586,321 20,873,780
30 Total liabilities and net assets/fund balances (see instructions). 20,586,321 20,873,780
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
20,586,321
2
Enter amount from Part I, line 27a .....................
2
287,459
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
20,873,780
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
20,873,780
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 CHARLES SCHWAB [5394] - PUBLICLY TRADED SECURITIES      
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 2,359,625   2,043,571 316,054
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       316,054
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 2 316,054
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 21,725
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 21,725
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 21,725
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 9,737
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 9,737
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 11,988
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 arrowIN, MI
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowROBIN OARE BUTLER CURTIS Telephone no.right arrow (574) 339-7252

Located atright arrow70959 BATCHELOR DRIVENILESMI ZIP+4right arrow49120
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ERNEST M OARE PRESIDENT
0.00 		0 0 0
7351 LEIGH ROAD
WARRENTON,VA20186
KEVIN J BUTLER TREASURER
0.00 		0 0 0
726 EAST WASHIGTON ST
SOUTH BEND,IN46617
LISA OARE SHANKS NEALE SECRETARY
0.00 		0 0 0
31880 TORTUGA SHORE LOOP
WESLEY CHAPEL,FL33545
ROBIN OARE BUTLER CURTIS VICE PRESIDENT
0.00 		0 0 0
70959 BATCHELOR DRIVE
NILES,MI49120
MOREY OARE DIRECTOR
0.00 		0 0 0
168 PINNACLE COURT
WARRENTON,VA20186
JAMES R BUTLER DIRECTOR
0.00 		0 0 0
1333 OAK STREET UNIT A1
NILES,MI49120
ROBERT L OARE III DIRECTOR
0.00 		0 0 0
13621 NW 112TH AVE
ALACHUA,FL32615
BRUCE J BONDURANT DIRECTOR
0.00 		0 0 0
209 E POKAGON
SOUTH BEND,IN46671
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 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right 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
5,119,441
b
Average of monthly cash balances.......................
1b
1,206,454
c
Fair market value of all other assets (see instructions)................
1c
18,449,964
d
Total (add lines 1a, b, and c).........................
1d
24,775,859
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
24,775,859
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
371,638
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
24,404,221
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,220,211
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,220,211
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
21,725
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
21,725
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,198,486
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,198,486
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,198,486
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,231,023
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,231,023
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,198,486
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 128,404
b Total for prior years:20 , 20, 20 0
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 ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,231,023
a Applied to 2022, but not more than line 2a 128,404
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 1,102,619
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		95,867
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
ROBIN O BUTLER CURTIS
70959 BATCHELOR DRIVE
NILES,MI49120
(574) 339-7252
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS SHOULD BE WRITTEN AND INCLUDE INFORMATION WHICH SUPPORTS THAT THE REQUESTING ORGANIZATION IS OF AN EDUCATIONAL, SCIENTIFIC, LITERARY, RELIGIOUS OR CHARITABLE NATURE.
cAny submission deadlines:
THE APPLICATION SHOULD BE FILED SO AS TO ALLOW REASONABLE TIME TO ACT ON APPLICATION.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
APPLICATIONS WILL BE CONSIDERED FOR ORGANIZATIONS OPERATED EXCLUSIVELY FOR ONE OR MORE OF THE FOLLOWING PURPOSES: EDUCATIONAL; SCIENTIFIC; LITERARY; RELIGIOUS; OR CHARITABLE. AT PRESENT, NO SCHOLARSHIPS OR GRANTS ARE GIVEN TO ANY INDIVIDUAL PERSON(S).
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

ACADEMY AT THE LAKES

2331 COLLIER PKWY
LAND O LAKES,FL34639 		NONE PC GENERAL 33,400

ALCOHOL & ADDICTION RECOVERY CENTER

818 EAST JEFFERSON BLVD
SOUTH BEND,IN46617 		NONE PC GENERAL 1,000

AMERICAN FRIENDS OF MAGEN DAVID ADOM

20 W 36TH STREET SUITE 1100
NEW YORK,NY10018 		NONE PC GENERAL 10,000

AMERICAN RED CROSS VA

2825 EMERYWOOD PKWY
RICHMOND,VA23294 		NONE PC GENERAL 2,500

BACKPACKS FROM BETH INC

5007 HICKORY HILL DR
LAGRANGE,KY40031 		NONE PC GENERAL 10,000

BLOWING ROCK CHARITY HORSE SHOW FDN

P O BOX 650
BLOWING ROCK,NC28605 		NONE PC GENERAL 5,000

BOULDER CREST FOUNDATION

PO BOX 117
BLUEMONT,VA20135 		NONE PC GENERAL 10,000

BREAST CANCER RESEARCH FOUNDATION

28 WEST 44TH ST
NEW YORK,NY32281 		NONE PC GENERAL 5,000

BRIAN PARKER MEMORIAL FOUNDATION

433 SOUTH ST JOSEPH STREET
NILES,MI49120 		NONE PC GENERAL 5,000

CAMP EBERHART ALUMNI ASSCOCIATION INC

316 EDDY STREET
SOUTH BEND,IN46617 		NONE PC GENERAL 48,000

CAMP KULAQUA

23400 NW 212TH AVE
HIGH SPRINGS,FL32643 		NONE PC GENERAL 6,000

CHILD ADVOCACY CENTER

PO BOX 13454
GAINESVILLE,FL32604 		NONE PC GENERAL 10,000

CONVERSE COLLEGE

580 EAST MAIN STREET
SPARTANBURG,SC29302 		NONE PC CAPITAL PROJECT/PELL DORM 500

CULTIVATE FOOD RESCUE

1403 PRAIRIE AVE
SOUTH BEND,IN46613 		NONE PC ELEMENTARY SCHOOL STUDENTS FOOD PROGRAM 55,000

DANNY & RON'S RESCUE

PO BOX 604
CAMDEN,SC29021 		NONE PC GENERAL 1,000

DEERFIELD ACADEMY

ALBANY ROAD
DEERFIELD,MA01342 		NONE PC GENERAL 1,000

DIABETES RESOURCE CENTER

6910 N MAIN STREET
GRANGER,IN46530 		NONE PC GENERAL 5,650

DUKE CHILDREN'S

PO BOX 33189
RALIEGH,NC27636 		NONE PC GENERAL 1,000

EDUCATIONAL FOUNDATION INC (UNC)

PO BOX 309
CHAPEL HILL,NC27514 		NONE PC GENERAL 20,000

EQUESTRIAN AID FOUNDATION

11924 W FOREST HILL BLVD 10A-377
WELLINGTON,FL33414 		NONE PC GENERAL 1,000

FAUQUIER FREE CLINIC

35 ROCK POINTE LN
WARRENTON,VA20186 		NONE PC GENERAL 1,000

FAUQUIER HOSPITAL AUXILIARY

500 HOSPITAL DR
WARRENTON,VA20186 		NONE PC GENERAL 500

FAUQUIER SPCA

9350 ROGUES RD
MIDLAND,VA22728 		NONE PC GENERAL 1,000

FERNWOOD BOTANICAL GARDEN

13988 RANGE LINE RD
NILES,MI49120 		NONE PC GENERAL 10,000

HANLEY CENTER FOUNDATION

933 45TH ST
WEST PALM BEACH,FL33407 		NONE PC GENERAL 1,000

HIGHLAND SCHOOL

597 BROADWAY AVENUE
WARRENTON,VA20186 		NONE PC GENERAL 5,500

HOSPICE FOUNDATION

501 COMFORT PLACE
MISHAWAKA,IN46545 		NONE PC ANNUAL FUND 10,000

J RED PEACH FOUNDATION

1999 MORRIS DRIVE
NILES,MI49120 		NONE PC GENERAL 10,000

JOHNS HOPKINS UNIVERSITY & MEDICINE

PO BOX 17073
BALTIMORE,MD21297 		NONE PC GENERAL 1,000

LA CASA DE AMISTAD

3423 S MICHIGAN ST
SOUTH BEND,MI46614 		NONE PC GENERAL 1,500

MAYO FOUNDATION

4500 SAN PABLO ROAD
JACKSONVILLE,FL32224 		NONE PC GENERAL 55,000

MEALS ON WHEELS

918 JASPER ST
KALAMAZOO,MI49001 		NONE PC GENERAL 1,000

MICHIANA ECHO SOCCER CLUB

210 S MICHIGAN STREET
SOUTH BEND,IN46601 		NONE PC GENERAL 2,000

MICHIGAN GATEWAY COMMUNITY FOUNDATION

111 DAYS AVENUE
BUCHANAN,MI49107 		NONE PC NILES FUND 10,000

MILL CREEK FARM RETRMNT HOME FOR HORSES

20307 CO RD 235A
ALACHUA,FL32615 		NONE PC GENERAL 7,000

NATIONAL HORSE SHOW ASSOCIATION

PO BOX 386
GREENVALE,NY11548 		NONE PC GENERAL 8,500

NATIONAL SPORTING LIBRARY & MUSEUM

PO BOX 1335
MIDDLEBURG,VA20118 		NONE PC GENERAL 5,000

NATIONAL STEEPLECHASE MUSEUM

420 FAIR HILL DR
ELKTON,MD21921 		NONE PC GENERAL 500

NILES FESTIVALS MUSIC & MORE

1734 REGENT ST
NILES,MI49120 		NONE PC GENERAL 7,500

NILES MAIN STREET INITIATIVE

210 MAIN STREET
NILES,MI49120 		NONE PC GENERAL 10,000

NILES-BUCHANAN YMCA

905 N FRONT STREET
NILES,MI49120 		NONE PC GENERAL 2,000

NORTHERN PIEDMONT COMMUNITY FOUNDATION

PO BOX 182
WARRENTON,VA20188 		NONE PC GENERAL 500

NORTON HEALTHCARE

234 E GRAY STREET SUITE 450
LOUISVILLE,KY40202 		NONE PC GENERAL 10,000

ONE GOOD DEED MICHIANA

103 S LINCOLN AVE
NILES,MI49120 		NONE PC GENERAL 1,000

PATH FOUNDATION

321 WALKER DR SUITE 301
WARRENTON,VA20186 		NONE PC GENERAL 1,000

PENNSYLVANIA NATIONAL HORSE SHOW

PO BOX 6815
HARRISBURG,PA17112 		NONE PC GENERAL 1,500

PEOPLE'S MUSIC SCHOOL

931 W EASTWOOD AVE
CHICAGO,IL60640 		NONE PC GENERAL 10,000

PIEDMONT ENVIRONMENTAL COUNCIL INC

45 HORNER STREET
WARRENTON,VA20186 		NONE PC GENERAL 1,000

RACLIN MURPHY MUSEUM OF ART

ST ANDR WY
NOTRE DAME,IN46556 		NONE PC GENERAL 5,000

RESIDENTIAL OPPORTUNITIES INC

1100 S ROSE STREET
KALAMAZOO,MI49001 		NONE PC TRANSITION HOME 20,000

RONALD MCDONALD HOUSE CHARITIES MICHIANA

610 N MICHIGAN ST STE 310
SOUTH BEND,IN46601 		NONE PC KILTZ FOR KIDS 15,000

SANTA FE COLLEGE TEACHING ZOO

3000 NW 83RD STREET
GAINESVILLE,FL32606 		NONE PC GENERAL 6,000

SANTA FE HIGH SCHOOL BASEBALL CLUB

16213 NW US HIGHWAY 441
ALACHUA,FL32615 		NONE PC GENERAL 36,400

SOPHIE'S OASIS INC

1154 SW 202ND ST
NEWBERRY,FL32669 		NONE PC GENERAL 2,000

SOUTH BEND SYMPHONY

127 NORTH MICHIGAN STREET
SOUTH BEND,IN46601 		NONE PC GENERAL 60,000

SPECTRUM HEALTH LAKELAND FOUNDATION

4025 HEALTH PARK LANE
SAINT JOSEPH,MI49085 		NONE PC GENERAL 5,000

TEMPLE GWATHMEY STEEPLECHASE FOUNDATION

400 FAIR HILL DRIVE
ELKTON,MD21921 		NONE PC GENERAL 500

THE HEALING PLACE

1020 WEST MARKET STREET
LOUISVILLE,KY40202 		NONE PC GENERAL 10,000

THE SALVATION ARMY-NILES

424 N 15TH ST
NILES,MI49120 		NONE PC NEW BUILDING 80,000

TUNNEL TO TOWERS

2361 HYLAN BOULEVARD
STATEN ISLAND,NY10306 		NONE PC GENERAL 7,800

UNITED STATES HUNTER JUMPER ASSOCIATION

3870 CIGAR LANE
LEXINGTON,KY40511 		NONE PC CAPITAL CAMPAIGN 11,725

UNIVERSITY OF MARY WASHINGTON

1301 COLLEGE AVE
FREDERICKSBURG,VA22401 		NONE PC GENERAL 2,000

UNIVERSITY OF NORTH CAROLINA

PO BOX 309
CHAPEL HILL,NC27514 		NONE PC ARTS & SCIENCES FUND 5,000

UNIVERSITY OF NOTRE DAME

405 MAIN BUILDING
NOTRE DAME,IN46556 		NONE PC FIGHTING IRISH INITIATIVE/VETERANS PROGRAM 200,000

UPPERVILLE COLT & HORSE SHOW INC

PO BOX 239
UPPERVILLE,VA20185 		NONE PC GENERAL 6,300

VENUES PARKS & ARTS FOUNDATION

301 ST LOUIS BLVD
SOUTH BEND,IN46617 		NONE PC THE MORRIS 100 CAMPAIGN 200,000

VERDUN ADVENTURE BOUND

17044 ADVENTURE BOUND TRL
RIXEYVILLE,VA22737 		NONE PC GENERAL 1,000

VIRGINIA HORSE CENTER FOUNDATION

487 MAURY RIVER ROAD
LEXINGTON,VA24450 		NONE PC GENERAL 26,000

WARRENTON MEETING PLACE

PO BOX 3101
WARRENTON,VA20188 		NONE PC GENERAL 1,000

WARRENTON UNITED METHODIST CHURCH

BUILDING FUND 341 CHURCH STREET
WARRENTON,VA20186 		NONE PC GENERAL 6,000

WARRENTON VOLUNTEER FIRE DEPT COMPANY

167 WEST SHIRLEY AVE WARRENTON
WARRENTON,VA20186 		NONE PC GENERAL 5,500

WASHINGTON INTERNATIONAL HORSE SHOW

3299 K STREET NW SUITE 600
WASHINGTON,DC20007 		NONE PC GENERAL 6,000

WOMEN'S CARE CENTER

360 NORTH NOTRE DAME AVE
SOUTH BEND,IN46617 		NONE PC GENERAL 80,000

WOUNDED WARRIOR PROJECT

4899 BELFORT ROAD SUITE 300
JACKSONVILLE,FL32256 		NONE PC GENERAL 1,000

YMCA OF LOUISVILLE

11000 BROWNSBORO ROAD
PROSPECT,KY40059 		NONE PC GENERAL 7,500

ALPHA TAU OMEGA FOUNDATION

333 N ALABAMA ST SUITE 200
INDIANAPOLIS,IN46204 		NONE PC GENERAL 1,000
Total .................................right arrow 3a 1,213,775
bApproved for future payment

THE MAYO FOUNDATION
4500 SAN PABLO ROAD
JACKSONVILLE,FL32224 		NONE PC ALZHEIMERS RESEARCH 50,000

CAMP EBERHART ALUMNI ASSCOCIATION INC
316 S EDDY STREET
SOUTH BEND,IN46617 		NONE PC GENERAL 60,000

BOULDER CREST FOUNDATION
PO BOX 117
BLUEMONT,VA20135 		NONE PC GENERAL 20,000

THE SALVATION ARMY
424 N 15TH ST
NILES,MI49120 		NONE PC NEW BUILDING 80,000

VENUES PARKS & ARTS FOUNDATION
17044 ADVENTURE BOUND TRL
RIXEYVILLE,VA24450 		NONE PC THE MORRIS 800,000

WOMEN'S CARE CENTER
360 NORTH NOTRE DAME AVE
SOUTH BEND,IN46617 		NONE PC GENERAL 100,000
Total ................................. right arrow 3b 1,110,000
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 ........... 		         
4 Dividends and interest from securities ....     14 182,863  
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 .....     01 24,265  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 316,054  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT HEDGE EQUITY 		    14 124,153  
bINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2014     14 138,906  
cINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2015 531390 -5,940 14 50,118  
dINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2016 531390 -17,325 14 130,420  
eINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2017     14 110,021  
fINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2019 531390 -22,529 14 126,869  
gINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT ABSOLUTE STRAT.     14 104,178  
hINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT CREDIT OPP SER 531390 430 14 8,121  
iINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT FIXED INCOME STR     14 33,900  
jINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT GLOBAL EQUITY     14 192,788  
kINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2018     14 13,547  
lINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2020     14 30,230  
mINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2021     14 0  
nINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2022 531390 931 14 -5,752  
12 Subtotal. Add columns (b), (d), and (e) .. -44,433 1,580,681 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,536,248
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Name of Bond End of Year Book Value End of Year Fair Market Value
3M COMPANY 35,011 35,328
ALPHABET INC 29,401 28,571
CHUBB INA HOLDING INC 30,094 29,337
COMCAST CORP 30,331 28,970
DUKE ENERGY PROGRESS LCC 30,642 28,920
EXXON MOBIL CORP 30,062 28,747
GENERAL DYNAMICS CORP 34,251 32,836
GLAXOSMITHKLINE CAPITAL 35,110 34,740
ILLINOIS TOOL WORKS INC 34,898 35,250
INTEL CORP 34,762 34,773
PAYPAL HOLDINGS INC 31,287 28,672
PEPSICO INC 34,777 34,169
PFIZER INC 30,159 28,841
PRAXAIR INC 29,945 24,900
PROLOGIS LP 29,989 27,796
STRYKER CORP 35,278 34,480
THE WALT DISNEY COMPANY 29,912 28,078
UNION PACIFIC CORP 30,033 28,332
UNITEDHEALTH GROUP INC 35,047 35,147
CATERPILLAR FINL 30,002 30,884
MERCK & CO., INC 29,974 30,055
THE KRAFT HEINZ 19,438 19,695
THE TJX COMPANI 29,358 29,247
U.S. BANCORP 35,093 34,908

TY 2023 InvestmentsCorpStockSchedule
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Name of Stock End of Year Book Value End of Year Fair Market Value
ALPHABET INC CL A 9,282 36,319
AMAZON.COM INC COM 21,029 91,164
AMERIPRISE FINL INC COM 23,322 70,268
AMERN TOWER CORP REIT 43,923 64,839
AMGEN INC COM 8,448 28,802
APPLE INC COM 8,603 192,530
APPLIED MATERIALS 38,411 59,156
BLACKROCK SHORT MATURITY BOND ETF 100,300 101,040
BOOKING HOLDINGS INC 32,795 70,944
BROADCOM LTD 14,567 83,719
CHEVRON CORP NEW COM 45,332 80,546
CHUBB LTD 17,214 34,038
CISCO SYS INC 17,859 59,614
CVS HEALTH CORPORATION COM 41,955 52,114
EATON CORP COM 10,641 49,368
ELEVANCE HEALTH INC 30,562 51,872
EXXON MOBIL CORP COM 39,543 45,491
GOLDMAN SACHS GROUP INC COM 19,272 38,577
HOME DEPOT INC COM 11,519 34,655
ISHARES EXPANDED TECH-SW SECTOR ETF 20,512 44,620
ISHARES PHLX SEMICONDUCTOR ETF IV 16,280 51,849
JOHNSON & JOHNSON 50,913 47,022
JPMORGAN CHASE 4,019 85,050
LOCKHEED MARTIN CORP COM 20,391 29,461
LOWES COS INC COM 11,295 33,382
MERCK & CO INC NEW COM 16,865 35,189
META PLATFORMS INC 78,264 139,814
MICROSOFT CORP COM 13,671 157,937
MORGAN STANLEY 14,625 41,962
NORFOLK SOUTHERN CORP COM 11,595 52,004
ORACLE CORP COM 15,540 79,073
PEPSICO INC COM 20,233 33,367
PFIZER INC COM 64,537 55,997
PNC FINL SVCS GROUP INC COM 16,826 44,906
PROCTER & GAMBLE 67,133 68,141
SPDR FUND CONSUMER STAPLES ETF IV 29,360 38,536
TARGET CORP COM 32,089 39,878
THERMO FISHER SCIENTIFIC INC COM 5,703 58,425
TJX COS INC NEW COM 14,808 65,667
TOTALENERGIES SE 32,813 46,028
TRANE TECHNOLOGIES PLC 20,133 73,170
UNITED PARCEL SERVICE INC CL B 20,596 31,446
UNITEDHEALTH GROUP INC COM 17,226 68,441
VANGUARD INFORMATION TECHNOLOGY ETF 32,202 130,680
VANGUARD INTERMEDIATE TERM CO ETF IV 201,217 170,688
VISA INC COM CL A 29,517 57,277
WALMART INC COM 13,774 30,853
ADOBE INC 31,674 56,677
ALPHABET INC CL C 60,037 74,693
INVESCO KBW BANK ETF 39,343 47,714
ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF 82,892 72,800
ISHARES CORE US AGGREGATE BOND ETF 75,192 75,430
NVIDIA CORP 63,878 81,711
RTX CORP 21,607 29,449
SCHLUMBERGER LTD F 37,681 39,770
UNILEVER PLC F 68,744 64,963

TY 2023 InvestmentsGovtObligationsSch
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
US Government Securities - End of Year Book Value:

1,104,211
US Government Securities - End of Year Fair Market Value:

1,086,566
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
INVESTMENT IN BESPOKE CAPITAL STRATEGIES T/E ABSOLUTE STRATEGIES AT COST 2,241,717 2,273,075
INVESTMENT IN BESPOKE CAPITAL STRATEGIES T/E FIXED INCOME STRATEGIES AT COST 1,317,975 1,217,921
INVESTMENT IN BESPOKE CAPITAL STRATEGIES T/E GLOBAL EQUITY AT COST 5,302,244 5,787,194
INVESTMENT IN BESPOKE CAPITAL STRATEGIES T/E HEDGED EQUITY AT COST 1,884,246 2,651,882
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2014 AT COST 215,838 281,950
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2015 AT COST 169,331 282,675
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2016 AT COST 363,509 735,321
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2017 AT COST 542,637 1,050,795
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2018 AT COST 530,614 714,647
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2019 AT COST 762,975 1,181,428
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2020 AT COST 594,468 769,623
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2021 AT COST 685,140 793,670
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2022 AT COST 314,593 305,561
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2023 AT COST 52,014 44,076
INVESTMENT IN TAX EXEMPT CREDIT OPPORTUNITIES SERIES AT COST 203,465 205,531
STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND AT COST 150,020 129,952
VANGUARD SHORT-TERM INVE STMENT-GRADE ADM AT COST 229,992 221,712
SCHWAB TREASURY OBLIGATION MONEY FUND AT COST 40,000 40,000

TY 2023 OtherExpensesSchedule
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSES 66 33   33


TY 2023 OtherIncomeSchedule2
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FEDERAL TAX REFUND 23,871 23,871 23,871
WELLS FARGO FAIR FUND DISTRIBUTION 394 394 394
INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT HEDGE EQUITY 124,153 124,153 124,153
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2014 138,906 138,906 138,906
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2015 44,178 50,118 44,178
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2016 113,095 130,420 113,095
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2017 110,021 110,021 110,021
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2019 104,340 126,869 104,340
INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT ABSOLUTE STRAT. 104,178 104,178 104,178
INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT CREDIT OPP SER 8,551 8,121 8,551
INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT FIXED INCOME STR 33,900 33,900 33,900
INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT GLOBAL EQUITY 192,788 192,788 192,788
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2018 13,547 13,547 13,547
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2020 30,230 30,230 30,230
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2022 -4,821 -5,752 -4,821


TY 2023 OtherProfessionalFeesSchedule
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADMINISTRATIVE FEES 11,400 5,700   5,700
ASSET MANAGEMENT FEES 23,030 11,515   11,515


TY 2023 TaxesSchedule
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 518 518   0