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 UNITED COMPANY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1005 GLENWAY AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BRISTOL, VA242013473
A Employer identification number

54-1390453
B Telephone number (see instructions)

(276) 645-1406
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$49,601,884J 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 114,749 114,749  
4 Dividends and interest from securities... 1,002,702 1,002,702  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,175,666
b Gross sales price for all assets on line 6a 27,531,384
7 Capital gain net income (from Part IV, line 2)... 2,175,666
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).......      
12 Total. Add lines 1 through 11........ 3,293,117 3,293,117  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 96,217 0   96,217
14 Other employee salaries and wages...... 145,334 0   145,334
15 Pension plans, employee benefits....... 73,075 0   73,075
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,400 0   4,400
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
238,951 238,951   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
42,453 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
3,537 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 3,171 0   3,171
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
226,647 0   226,647
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 833,785 238,951   548,844
25 Contributions, gifts, grants paid....... 2,207,477 2,428,015
26 Total expenses and disbursements. Add lines 24 and 25 3,041,262 238,951   2,976,859
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 251,855
b Net investment income (if negative, enter -0-) 3,054,166
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............. -65,835 211,234 211,234
2 Savings and temporary cash investments......... 3,486,418 3,902,378 3,902,378
3 Accounts receivable right arrow210,314
Less: allowance for doubtful accounts right arrow   184,568 210,314 210,314
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.............. 17,822 17,562 17,562
9 Prepaid expenses and deferred charges.......... 9,422 7,948 7,948
10a Investments—U.S. and state government obligations (attach schedule) 1,737,118 Click to see attachment
List of Attached Documents:
// Content
2,246,924 		2,246,924
b Investments—corporate stock (attach schedule)....... 15,970,231 Click to see attachment
List of Attached Documents:
// Content
17,115,732 		17,115,732
c Investments—corporate bonds (attach schedule)....... 10,505,899 Click to see attachment
List of Attached Documents:
// Content
8,574,801 		8,574,801
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).......... 13,567,132 Click to see attachment
List of Attached Documents:
// Content
17,305,846 		17,305,846
14 Land, buildings, and equipment: basis right arrow135,444
Less: accumulated depreciation (attach schedule) right arrow126,299 12,682 Click to see attachment
List of Attached Documents:
// Content
9,145 		9,145
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 45,425,457 49,601,884 49,601,884
Liabilities 17 Accounts payable and accrued expenses.......... 89,437 77,108
18 Grants payable................. 806,499 585,961
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)......... 895,936 663,069
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........... 42,890,839 47,140,487
25 Net assets with donor restrictions............ 1,638,682 1,798,328
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)..... 44,529,521 48,938,815
30 Total liabilities and net assets/fund balances (see instructions). 45,425,457 49,601,884
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
44,529,521
2
Enter amount from Part I, line 27a .....................
2
251,855
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,157,439
4
Add lines 1, 2, and 3 ..........................
4
48,938,815
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
48,938,815
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 PUBLICLY-TRADED SECURITIES P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 27,531,384   25,355,718 2,175,666
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       2,175,666
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 2,175,666
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 42,453
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 42,453
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 42,453
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 41,500
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 41,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 953
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 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
 
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 arrowWWW.UNITEDCOFOUNDATION.ORG
14
The books are in care ofright arrowTHE ORGANIZATION Telephone no.right arrow (276) 645-1436

Located atright arrow1005 GLENWAY AVENUEBRISTOLVA ZIP+4right arrow242013473
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
JAMES W MCGLOTHLIN CHAIRMAN/DIRECTOR
5.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
ISRAEL O'QUINN PRESIDENT/CEO/DIRECTOR
10.00 		31,361 578 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
FAY H STREET SECRETARY/DIRECTOR
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
BARBARA J BJERKE TREASURER
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
CLAIRE DAVIS EXECUTIVE DIRECTOR
20.00 		64,856 2,594 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
JULIA K SMITH ASSISTANT SECRETARY
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
FRANCES G MCGLOTHLIN DIRECTOR
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
MARTHA MCGLOTHLIN BOWMAN DIRECTOR
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
DAVID A STREET DIRECTOR
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
ND STREET DEC 020423 DIRECTOR
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
LOIS A CLARKE DIRECTOR
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
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
ROSE HURLEY COLLEGE & CAREER COU
40.00 		60,167 6,496 0
1760 EDGEWATER DRIVE
GRUNDY,VA24614
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
UNITED MANAGEMENT COMPANY LLC INVESTMENT MANAGEMENT 157,991
1005 GLENWAY AVENUE
BRISTOL,VA24201
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 LOW-INCOME HOUSEHOLDS IN BRISTOL VA & TN RECEIVE 1 BAG (= 1 MEAL) OF NUTRITIOUS FOOD PER FAMILY MEMBER PER MONTH. MEALS ARE DELIVERED VIA 2 VANS THAT TRAVEL TO THE HOMES OF THE RECIPIENTS. APPROXIMATELY 8,000 MEALS ARE DELIVERED PER MONTH. 153,041
2 A COLLEGE AND CAREER COUNSELOR WORKS AT MOUNTAIN MISSION SCHOOL (GRUNDY, VA) AND ASSISTS STUDENTS WITH COLLEGE AND APPLICATION PROCESSES, FINANCIAL AID, AND MATRICULATION PROCEDURES. THE COUNSELOR ALSO OVERSEES THE SCHOLARSHIP PROGRAM FOR MOUNTAIN MISSION SCHOOL GRADUATES. 72,274
3 THE CAMP FOR KIDS PROGRAM IS TO SEND FOSTER CHILDREN, UNDERPRIVILEGED AND AT-RISK CHILDREN TO A WEEK-LONG CHRISTIAN VALUE SUMMER CAMP. THE CAMP PROVIDES A SAFE HAVEN ENVIRONMENT IN A NURTURING AND LOVING ATMOSPHERE. 46,104
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
45,144,358
b
Average of monthly cash balances.......................
1b
2,533,745
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
47,678,103
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
47,678,103
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
715,172
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
46,962,931
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,348,147
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
2,348,147
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
42,453
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
42,453
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,305,694
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,305,694
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
2,305,694
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,976,859
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
2,976,859
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 2,305,694
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 462,143
b From 2019...... 525,881
c From 2020...... 159,589
d From 2021...... 169,735
e From 2022...... 396,471
f Total of lines 3a through e ........ 1,713,819
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,976,859
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 2,305,694
e Remaining amount distributed out of corpus 671,165
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 2,384,984
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 .......... 		0
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) ... 		462,143
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,922,841
10 Analysis of line 9:
a Excess from 2019.... 525,881
b Excess from 2020.... 159,589
c Excess from 2021.... 169,735
d Excess from 2022.... 396,471
e Excess from 2023.... 671,165
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:
ROSE HURLEY MOUNTAIN MISSION SCHOOL
1760 EDGEWATER DRIVE
GRUNDY,VA24614
(276) 791-1514
bThe form in which applications should be submitted and information and materials they should include:
APPLICANTS MUST HAVE PREVIOUSLY APPLIED TO, AND RECEIVED AN OFFICIAL NOTIFICATION OF ACCEPTANCE FROM, AN ACCREDITED UNIVERSITY OR COLLEGE IN THE UNITED STATES. APPLICATIONS MUST BE SUBMITTED USING THE FOUNDATION'S SCHOLARSHIP APPLICATION FORM. THE FOLLOWING ITEMS MUST BE INCLUDED: OFFICIAL HIGH SCHOOL OR COLLEGE TRANSCRIPT, FINANCIAL AID AWARD LETTER, STUDENT AID REPORT FROM FAFSA, AND OFFICIAL SCHOOL INVOICE AND CLASS SCHEDULE. ALL SCHOLARSHIP REQUESTS FOR THE SPRING SEMESTER MUST ALSO INCLUDE A COPY OF THE STUDENT'S GRADES FROM THE FALL (EITHER AN OFFICIAL GRADE REPORT OR A TRANSCRIPT FROM THE SCHOOL). STUDENTS MUST REAPPLY FOR A SCHOLARSHIP EACH YEAR.
cAny submission deadlines:
DEADLINES FOR APPLICATIONS ARE JULY 1 FOR FALL SEMESTER AND DECEMBER 1 FOR SPRING SEMESTER.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE SCHOLARSHIP PROGRAM SUPPLEMENTS FINANCIAL AID AND OTHER SUPPORT TO HELP COVER THE COST OF COLLEGE TUITION, FEES, ROOM AND BOARD, BOOKS, AND SUPPLIES. STUDENTS MUST BE ENROLLED WITH A MINIMUM OF 12 CREDIT HOURS PER SEMESTER. STUDENTS MAY REQUEST A MAXIMUM OF $15,000 PER YEAR. STUDENTS MUST BE ENROLLED AT MOUNTAIN MISSION SCHOOL, GRUNDY, VA (MMS) FROM GRADES 9 THROUGH 12 TO BE ELIGIBLE FOR SUPPORT. SCHOLARSHIPS ARE GIVEN FOR THE BENEFIT OF INDIVIDUAL STUDENTS WHO HAVE NO RELATIONSHIP TO DISQUALIFIED PERSONS. STUDENTS MUST DEMONSTRATE FINANCIAL NEED BY QUALIFYING FOR A FEDERAL PELL GRANT. STUDENTS MUST ACCEPT ANY FEDERAL DIRECT SUBSIDIZED LOANS OR PERKINS LOANS OFFERED. STUDENTS ARE ELIGIBLE FOR 4 CONSECUTIVE CALENDAR YEARS AFTER GRADUATION FROM MMS. STUDENTS SHOULD HAVE AT LEAST A 3.00 CUMULATIVE GPA FROM MMS (ON A 4.0 SCALE) AND MAINTAIN A 2.75 CUMULATIVE GPA IN COLLEGE (ON A 4.0 SCALE). THE MAX FOR BOOKS AND SUPPLIES PER STUDENT IS $750 FOR THE FIRST SEMESTER AND $500 THEREAFTER.
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

ALICE LLOYD COLLEGE

100 PURPOSE ROAD
PIPPA PASSES,KY37620 		N/A PC SCHOLARSHIPS FOR NEEDY STUDENTS 25,000

APPALACHIAN HIGHLANDS COMMUNITY DENTAL CENTER

616 CAMPUS DRIVE
ABINGDON,VA24210 		N/A PC SUPPORT OF CLINIC EXPANSION AND ONGOING OPERATION 50,000

BACKPACK BLESSINGS INC

PO BOX 24
GRUNDY,VA24614 		N/A PC BACKPACK PROGRAM IN BUCHANAN CO. VA 5,000

BALLAD HEALTH FOUNDATION

1019 W OAKLAND AVE SUITE 2
JOHNSON CITY,TN37604 		N/A PC FUND NEW MOBILE COACH AND 3D MAMMOGRAPHY UNIT 250,000

BARRY UNIVERSITY

11300 NE 2ND AVENUE
MIAMI SHORES,FL33161 		N/A PC EDUCATION - BOOKS 13

BARTER FOUNDATION INC

160 CUMMINGS STREET
ABINGDON,VA24210 		N/A PC FUND INNOVATIVE, UNDUPLICATED EDUCATION PROGRAMMING 50,000

BIG BROTHERS BIG SISTERS OF EAST TENNESSEE

119 W SUMMIT HILL DRIVE 101
KINGSPORT,TN37902 		N/A PC ONE TO ONE MENTORING PROGRAM 5,000

BIRTHPLACE OF COUNTRY MUSIC ALLIANCE

416 STATE ST SUITE A
BRISTOL,VA24201 		N/A PC SUPPORT FOR CONTINUATION OF MUSEUM'S EXTENSIVE EDUCATIONAL RESOURCE PROJECT 25,000

BLUEFIELD COLLEGE

3000 COLLEGE AVENUE
BLUEFIELD,VA24605 		N/A PC SCHOLARSHIPS FOR OFF-SITE TRAINING IN CHRISTIAN MINISTERIAL LEADERSHIP CLASSES 50,000

BOB JONES UNIVERSITY

1700 WADE HAMPTON BLVD
GREENVILLE,SC29614 		N/A PC EDUCATION - TUITION 6,316

BOY SCOUTS OF AMERICA SEQUOYAH COUNCIL

PO BOX 3010
JOHNSON CITY,TN37602 		N/A PC SEQUOYAH COUNCIL CAPITAL PROGRAM - CAMP DAVY CROCKETT 25,000

BOYS AND GIRLS CLUB OF THE MOUNTAIN EMPIRE

334 REBECCA STREET
BRISTOL,VA24201 		N/A PC SUPPORT QUALITY PROGRAMMING AT THE CLUB 30,000

BRISTOL EMERGENCY FOOD PANTRY

21 WASHINGTON STREET
BRISTOL,VA24201 		N/A PC GENERAL SUPPORT LOCAL FOOD BANK 15,000

BRISTOL FAITH IN ACTION

1534 EUCLID AVENUE
BRISTOL,VA24201 		N/A PC ASSIST HOUSEHOLDS OF DISABLED IN BRISTOL AREA & DIAPER MINISTRY 20,000

BRISTOL HUMANE SOCIETY

16222 LEE HIGHWAY
BRISTOL,VA24202 		N/A PC SUPPLIES FOR ANIMAL SHELTER 5,000

BRISTOL LIFE SAVING CREW

PO BOX 302
BRISTOL,VA24203 		N/A PC GENERAL SUPPORT 10,000

BRISTOL REGIONAL SPEECH & HEARING CENTER

359 COMMONWEALTH AVE
BRISTOL,VA24201 		N/A PC SPEECH THERAPY ASSISTANCE; PEDIATRIC AUDIOLOGY ASSISTANCE 20,000

BRISTOL TENNESSEE POLICE DEPARTMENT

801 ANDERSON STREET
BRISTOL,VA37620 		N/A GOV BENEVOLENT FUND 10,000

BRISTOL VIRGINIA DEPARTMENT OF SOCIAL SERVICES

621 WASHINGTON STREET
BRISTON,VA24201 		N/A GOV ASSIST AT RISK CHILDREN WITH FOOD, CLOTHING, BEDDING AND SHELTER EXPENSES 12,000

BRISTOL VIRGINIA FIRE DEPARTMENT

211 LEE ST
BRISTOL,VA24201 		N/A GOV GENERAL SUPPORT 10,000

BRISTOL VIRGINIA POLICE DEPARTMENT

501 SCOTT STREET
BRISTOL,VA24201 		N/A GOV GENERAL SUPPORT 10,000

BRISTOL VIRGINIA SHERIFF DEPARTMENT

417 CUMBERLAND STREET
BRISTOL,VA24201 		N/A GOV GENERAL SUPPORT 10,000

BUCHANAN COUNTY SCHOOLS

1176 BOOTH BRANCH ROAD
GRUNDY,VA24614 		N/A PC EXPLORE STEM CAREERS FOR HIGH SCHOOL JUNIOR GIRLS ENROLLED IN BCPS & MMS 30,000

CENTRAL VIRGINIA COMMUNITY COLLEGE

3506 WARDS RD
LYNCHBURG,VA24502 		N/A GOV EDUCATION - TUITION 13,229

CENTRAL VIRGINIA COMMUNITY COLLEGE

3506 WARDS RD
LYNCHBURG,VA24502 		N/A GOV EDUCATION - BOOKS 571

COMMUNITIES IN SCHOOLS OF APPLACHIAN HIGHLANDS

220 LEE STREET
BRISTOL,VA24201 		N/A PC GENERAL SUPPORT 54,700

COMMUNITY SCHOOL OF NAPLES

13275 LIVINGSTON ROAD
NAPLES,FL34109 		N/A PC GENERAL SUPPORT & ANNUAL FUND FOR EXCELLENCE 25,000

CROSSROADS MEDICAL MISSION

PO BOX 16852
BRISTOL,VA24209 		N/A PC SUPPORT MOBILE MEDICAL CLINIC FOR THE UNDERSERVED & TRI CITIES REMOTE AREA MEDICAL CLINIC 50,000

DARTMOUTH COLLEGE

6016 MCNUTT HALL
HANOVER,NH03755 		N/A PC EDUCATION - ROOM & BOARD 6,191

DARTMOUTH COLLEGE

6016 MCNUTT HALL
HANOVER,NH03755 		N/A PC EDUCATION - TUITION 2,995

EAST TENNESSEE STATE UNIVERSITY

807 UNIVERSITY PARKWAY
JOHNSON CITY,TN376141700 		N/A GOV EDUCATION - TUITION 102,955

EAST TENNESSEE STATE UNIVERSITY

807 UNIVERSITY PARKWAY
JOHNSON CITY,TN376141700 		N/A GOV EDUCATION - ROOM & BOARD 1,011

EAST TENNESSEE STATE UNIVERSITY

807 UNIVERSITY PARKWAY
JOHNSON CITY,TN376141700 		N/A GOV EDUCATION - BOOKS 6,716

EDWARD VIA VA COLLEGE OF OSTEOPATHIC MEDICINE

2265 KRAFT DR SW
BLACKSBURG,VA24060 		N/A PC SCHOLARSHIP FUND FOR MEDICAL STUDENTS AT VCOM WHO COMMIT TO PRACTICE IN SOUTHWEST VA 100,000

EMORY AND HENRY COLLEGE

PO BOX 947
EMORY,VA243270947 		N/A PC EDUCATION - TUITION 18,006

EMORY AND HENRY COLLEGE

PO BOX 947
EMORY,VA243270947 		N/A PC EDUCATION - BOOKS 1,244

FEEDING AMERICA SOUTHWEST VIRGINIA

1025 ELECTRIC ROAD
SALEM,VA24153 		N/A PC MOBILE FOOD PANTRY ASSISTANCE 75,000

FEEDING MY SHEEP INC

PO BOX 970
VANSANT,VA24656 		N/A PC PROVIDE FOOD ASSISTANCE IN BUCHANAN COUNTY 30,000

FOOD BANK OF WISE COUNTY INCORPORATED

PO BOX 2977
WISE,VA24293 		N/A PC PROVIDE FOOD ASSISTANCE IN WISE COUNTY 30,000

FOUNDATION FOR EDUCATIONAL AND DEVELOPMENTAL OPPORTUNITIES INC

400 EDGEWOOD LANE
BRISTOL,VA24201 		N/A PC SCHOLARSHIP AND GENERAL FUND 100,000

GEORGETOWN UNIVERSITY

3700 O ST NW
WASHINGTON,DC20057 		N/A PC EDUCATION - TUITION 4,600

GIRL SCOUT COUNCIL OF THE SOUTHERN APPALACHIANS INC

1567 DOWNTOWN WEST BLVD
KNOXVILLE,TN37919 		N/A PC SCHOLARSHIP FOR YOUNG GIRLS TO BECOME A GIRL SCOUT 5,000

GRAND CANYON UNIVERSITY

3300 W CAMELBACK RD
PHOENIX,AZ85017 		N/A PC EDUCATION - TUITION 7,500

GRAND CANYON UNIVERSITY

3300 W CAMELBACK RD
PHOENIX,AZ85017 		N/A PC EDUCATION - BOOKS 1,421

GREEN SPRING VOLUNTEER FIRE DEPT

22632 GREEN SPRINGS CHURCH RD
ABINGDON,VA24211 		N/A GOV GENERAL SUPPORT 10,000

HEALING HANDS HEALTH CENTER INC

245 MIDWAY MEDICAL PARK
BRISTOL,TN37620 		N/A PC DENTAL PROGRAM FOR WORKING, UNINSURED IN NE TN, SW VA 50,000

JACKSONVILLE UNIVERSITY

2800 UNIVERSITY BLVD N
JACKSONVILLE,FL32211 		N/A PC EDUCATION - TUITION 7,500

JACKSONVILLE UNIVERSITY

2800 UNIVERSITY BLVD N
JACKSONVILLE,FL32211 		N/A PC EDUCATION - BOOKS 350

KENT STATE UNIVERSITY

800 E SUMMIT ST
KENT,OH44240 		N/A PC EDUCATION - TUITION 5,620

KENT STATE UNIVERSITY

800 E SUMMIT ST
KENT,OH44240 		N/A PC EDUCATION - BOOKS 97

LEE STREET BAPTIST CHURCHLEE STREET COMMUNITY CENTER

1 WEST MARY STREET
BRISTOL,VA24201 		N/A PC COMMUNITY OUTREACH FOR NEEDY FAMILIES & MOTHERS W/BABIES & SMALL CHILDREN 10,000

LOYOLA UNIVERSITY

6363 ST CHARLES AVE
NEW ORLEANS,LA70118 		N/A PC EDUCATION - BOOKS 1,400

LOYOLA UNIVERSITY

6363 ST CHARLES AVE
NEW ORLEANS,LA70118 		N/A PC EDUCATION - TUITION 6,087

MILLIGAN COLLEGE

PO BOX 500
MILLIGAN COLLEGE,TN37682 		N/A PC EDUCATION - BOOKS 6,307

MILLIGAN COLLEGE

PO BOX 500
MILLIGAN COLLEGE,TN37682 		N/A PC EDUCATION - TUITION 129,431

MILLIGAN UNIVERSITY

PO BOX 750
MILLIGAN COLLEGE,TN37682 		N/A PC ULTRASOUND MACHINE OF PA PROGRAM 50,000

MONTGOMERY COLLEGE

51 MANNAKEE ST
ROCKVILLE,MD20850 		N/A PC EDUCATION - BOOKS 335

MONTGOMERY COLLEGE

51 MANNAKEE ST
ROCKVILLE,MD20850 		N/A PC EDUCATION-TUITION 1,174

NEW HOPE MISSIONS

PO BOX 2038
GRUNDY,VA24614 		N/A PC GENERAL SUPPORT: FOOD ASSISTANCE, CONTINUED GROWTH & OPERATIONAL EXPENSES 10,000

NORTHERN VA COMMUNITY COLLEGE

6699 SPRINGFIELD CENTER DR
SPRINGFIELD,VA22150 		N/A PC EDUCATION - TUITION 957

OLD DOMINION UNIVERSITY

5115 HAMPTON BOULEVARD
NORFOLK,VA23529 		N/A PC EDUCATION - ROOM & BOARD 7,500

PARAMOUNT CENTER FOR THE ARTS

518 STATE STREET
BRISTOL,TN37620 		N/A PC GENERAL SUPPORT 50,000

PATRICK & HENRY COMMUNITY COLLEGE

645 PATRIOT AVE
MARTINSVILLE,VA24112 		  PC EDUCATION - TUITION 5,718

PRESBYTERIAN CHILDREN'S HOME OF THE HIGHLANDS INC

425 GRAYSON ROAD
WYTHEVILLE,VA24382 		N/A PC HELP SERVE YOUNG PEOPLE/FAMILIES IN CRISIS 20,000

QUINNIPIAC UNIVERSITY

275 MOUNT CARMEL AVENUE
HAMDEN,CT06518 		N/A PC EDUCATION - BOOKS 279

QUINNIPIAC UNIVERSITY

275 MOUNT CARMEL AVENUE
HAMDEN,CT06518 		N/A PC EDUCATION - TUITION 22,502

RIVERS WAY INC

10 6TH STREET
BRISTOL,TN37620 		N/A PC SUPPORT PROGRAMS FOR YOUTH/YOUNG ADULTS WITH DISABILITIES 17,500

SALISBURY UNIVERSITY

1101 CAMDEN AVE
SALISBURY,MD21801 		N/A PC EDUCATION - TUITION 19,454

SALISBURY UNIVERSITY

1101 CAMDEN AVE
SALISBURY,MD21801 		N/A PC EDUCATION - BOOKS 271

SERVING ORPHANS WORLDWIDE INC

PO BOX 1403
BRISTOL,TN37621 		N/A PC POSSIBLE STARTS NOW PROGRAM (TRADE SCHOOL OR POST-SECONDARY EDUC) 25,000

SOUTHWEST VIRGINIA HIGHER EDUCATION FOUNDATION

ONE PARTNERSHIP CIRCLE
ABINGDON,VA24210 		N/A PC SWVA REGIONAL SIMULATION LAB FOR NURSING & ALLIED HEALTH 50,000

ST MARY'S COLLEGE OF MARYLAND

47645 COLLGE DR
ST MARYS CITY,MD20686 		N/A PC EDUCATION - TUITION 10,765

ST MARY'S COLLEGE OF MARYLAND

47645 COLLGE DR
ST MARYS CITY,MD20686 		N/A PC EDUCATION - BOOKS 233

SULLINS ACADEMY

22218 SULLINS ACADEMY DRIVE
BRISTOL,VA24202 		N/A PC SCHOLARSHIPS 25,000

SWVA 4-H EDUCATIONAL CENTER

25236 HILLMAN HIGHWAY
ABINGDON,VA24210 		N/A PC SUPPORT FOR REPLACING COOKING EQUIPMENT, DINING TABLES AND CHAIRS 25,000

SYMPHONY OF THE MOUNTAINS

1200 EAST CENTER STREET STE 311
KINGSPORT,TN37660 		N/A PC PERFORMANCE SPONSORSHIP 25,000

THEATRE BRISTOL

512 STATE STREET
BRISTOL,TN37620 		N/A PC SEASON SPONSORSHIP - SERVICES FOR CHILDREN & FAMILIES 25,000

UNIVERSITY OF CINCINNATI

2600 CLIFTON AVE
CINCINNATI,OH45221 		N/A GOV EDUCATION - TUITION 7,500

UNIVERSITY OF MARYLAND

7901 REGENTS DRIVE
COLLEGE PARK,MD20742 		N/A GOV EDUCATION - BOOKS 1,112

UNIVERSITY OF MARYLAND

7901 REGENTS DRIVE
COLLEGE PARK,MD20742 		N/A GOV EDUCATION-TUITION 12,819

UNIVERSITY OF NORTH CAROLINA - CHARLOTTE

9201 UNIVERSITY CITY BOULEVARD
CHARLOTTE,NC282230001 		N/A GOV EDUCATION - BOOKS 217

UNIVERSITY OF NORTH CAROLINA - CHARLOTTE

9201 UNIVERSITY CITY BOULEVARD
CHARLOTTE,NC282230001 		N/A GOV EDUCATION - TUITION 23,983

UNIVERSITY OF NORTHWESTERN OHIO

1441 N CABLE RD
LIMA,OH45805 		N/A PC EDUCATION - BOOKS 1,762

UNIVERSITY OF NORTHWESTERN OHIO

1441 N CABLE RD
LIMA,OH45805 		N/A PC EDUCATION - TUITION 10,047

UNIVERSITY OF PITTSBURGH

4200 FIFTH AVE
PITTSBURGH,PA15260 		N/A GOV EDUCATION - BOOKS 388

UNIVERSITY OF PITTSBURGH

4200 FIFTH AVE
PITTSBURGH,PA15260 		N/A GOV EDUCATION - TUITION 5,360

UNIVERSITY OF SOUTH CAROLINA

902 SUMTER STREET ACCESS
COLUMBIA,SC29208 		N/A GOV EDUCATION - TUITION 5,330

UNIVERSITY OF SOUTH CAROLINA

902 SUMTER STREET ACCESS
COLUMBIA,SC29208 		N/A GOV EDUCATION - BOOKS 53

UNIVERSITY OF VIRGINIA

1827 UNIVERSITY AVENUE
CHARLOTTESVILLE,VA22903 		N/A PC EDUCATION - ROOM & BOARD 454

UNIVERSITY OF VIRGINIA

1827 UNIVERSITY AVENUE
CHARLOTTESVILLE,VA22903 		N/A GOV EDUCATION - TUITION 3,130

VANDERBILT UNIVERSITY

2201 WEST END AVE
NASHVILLE,TN37235 		N/A PC EDUCATION - TUITION 2,317

VHCC EDUCATIONAL FOUNDATION INC

ONE PARTNERSHIP CIRCLE
ABINGDON,VA24210 		N/A PC CONSTRUCTION OF BUILDING HUB FOR WORKFORCE AND BUSINESS AND INDUSTRY TRAINING 50,000

VIRGINIA COMMONWEALTH UNIVERSITY

1111 W BROAD STREET
RICHMOND,VA23221 		N/A GOV EDUCATION - TUITION 54,038

VIRGINIA COMMONWEALTH UNIVERSITY

1111 W BROAD STREET
RICHMOND,VA23221 		N/A GOV EDUCATION-ROOM & BOARD 239

VIRGINIA COMMONWEALTH UNIVERSITY

1111 W BROAD STREET
RICHMOND,VA23221 		N/A GOV EDUCATION - BOOKS 897

VIRGINIA TECH

210 BURRUSS HALL
BLACKSBURG,VA24061 		N/A GOV EDUCATION - BOOKS 2,376

VIRGINIA TECH

210 BURRUSS HALL
BLACKSBURG,VA24061 		N/A GOV EDUCATION - TUITION 44,313

VIRGINIA TECH

210 BURRUSS HALL
BLACKSBURG,VA24061 		N/A GOV EDUCATION - ROOM & BOARD 336

WAKE FOREST UNIVERSITY

1834 WAKE FOREST RD
WINSTONSALEM,NC27109 		N/A PC EDUCATION - BOOKS 500

WAKE FOREST UNIVERSITY

1834 WAKE FOREST RD
WINSTONSALEM,NC27109 		N/A PC EDUCATION - TUITION 15,495

WASHINGTON COUNTY SHERRIFF DEPARTMENT

20281 RUSTIC LANE
ABINGDON,VA24210 		N/A PC GENERAL SUPPORT 10,000

WEST VIRGINIA UNIVERSITY

PO BOX 6201
MORGANTOWN,WV26506 		N/A GOV EDUCATION - TUITION 6,187

WEST VIRGINIA UNIVERSITY

PO BOX 6201
MORGANTOWN,WV26506 		N/A GOV EDUCATION - BOOKS 1,002

WEST VIRGINIA UNIVERSITY

PO BOX 6201
MORGANTOWN,WV26506 		N/A GOV EDUCATION - TUITION 7,707

WINGATE UNIVERSITY

211 E WILSON ST
WINGATE,NC28174 		N/A PC EDUCATION - TUITION 35,928

WINGATE UNIVERSITY

211 E WILSON ST
WINGATE,NC28174 		N/A PC EDUCATION - BOOKS 928

YMCA OF BUCHANAN COUNTY

PO BOX 1450
GRUNDY,VA24614 		N/A PC GENERAL SUPPORT 115,650

YWCA - BRISTOL

106 STATE STREET
BRISTOL,TN37620 		N/A PC SCHOLARSHIPS FOR AFTER SCHOOL AND SUMMER PROGRAMS 25,000

YWCA - BRISTOL

106 STATE STREET
BRISTOL,TN37620 		N/A PC SCHOLARSHIPS FOR MCGLOTHLIN STREET CHILDCARE CENTER 55,000
Total .................................right arrow 3a 2,428,016
bApproved for future payment

BALLAD HEALTH FOUNDATION
1019 W OAKLAND AVE SUITE 2
JOHNSON CITY,TN37604 		N/A PC FUND NEW MOBILE COACH AND 3D MAMMOGRAPHY UNIT 250,000

BLUEFIELD COLLEGE
3000 COLLEGE AVENUE
BLUEFIELD,VA24605 		N/A PC OFF-SITE TRAINING IN CHRISTIAN MINISTERIAL LEADERSHIP CLASSES 250,000

BOY SCOUTS OF AMERICA SEQUOYAH COUNCIL
PO BOX 3010
JOHNSON CITY,TN37602 		N/A PC SEQUOYAH COUNCIL CAPITAL PROGRAM - CAMP DAVY CROCKETT 50,000

FEEDING AMERICA SOUTHWEST VIRGINIA
1025 ELECTRIC ROAD
SALEM,VA24153 		N/A PC MOBILE FOOD PANTRY ASSISTANCE 75,000
Total ................................. right arrow 3b 625,000
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 ........... 		    14 114,749  
4 Dividends and interest from securities ....     14 1,002,702  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,175,666  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 3,293,117 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,293,117
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX RETURN PREPARATION 4,400 0   4,400

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TY 2023 DepreciationSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
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
FORD VAN - SOUP KITCHEN 2011-07-05 23,148 23,148 SL 3.000000000000 0 0    
CHEVROLET VAN - SOUP KITCHEN 2012-10-01 16,720 16,720 SL 3.000000000000 0 0    
CAN OPENER 2011-08-16 602 602 SL 5.000000000000 0 0    
SOUP KETTLE 2011-10-01 20,448 20,448 SL 5.000000000000 0 0    
REFRIGERATOR 2011-10-01 3,833 3,833 SL 5.000000000000 0 0    
WORK TABLES 2011-11-01 882 882 SL 5.000000000000 0 0    
DOUBLE DOOR COOLER 2009-10-01 4,902 4,902 SL 5.000000000000 0 0    
TELEVISION 2012-02-01 399 399 SL 5.000000000000 0 0    
HP INKJET PRINTER 2007-06-01 1,077 1,077 SL 5.000000000000 0 0    
CANON PRINTER/SCANNER 2012-06-30 242 242 SL 5.000000000000 0 0    
ELECTRICAL- SOUP KITCHEN 2011-12-01 4,555 3,366 SL 15.000000000000 304 0    
NEW ENTRANCE DOORS 2011-11-01 3,324 2,475 SL 15.000000000000 222 0    
SOUP KITCHEN CONSTRUCTION 2011-11-01 461 344 SL 15.000000000000 31 0    
PAINTING NEW ADDITIONS 2011-11-01 672 501 SL 15.000000000000 45 0    
INSTALL WATER & GAS LINE SOUP K 2011-11-01 1,474 1,097 SL 15.000000000000 98 0    
PAVING 2011-12-01 7,500 5,542 SL 15.000000000000 500 0    
ENTRANCE DOORS LOCK SET 2012-01-01 105 77 SL 15.000000000000 7 0    
SOUP KITCHEN PAINTING 2012-03-01 617 444 SL 15.000000000000 41 0    
SOUP KITCHEN RENOVATIONS 2012-03-01 3,542 2,557 SL 15.000000000000 236 0    
SOUP KITCHEN ACOUSTICAL CEILING 2012-03-01 2,115 1,528 SL 15.000000000000 141 0    
HP LASERJET PRINTER 2013-05-07 332 332 SL 5.000000000000 0 0    
HP LASERJET PRINTER 2013-09-04 252 252 SL 5.000000000000 0 0    
AWNING 2014-02-01 2,161 1,286 SL 15.000000000000 144 0    
REFRIGERATOR 2015-03-01 3,650 3,650 SL 5.000000000000 0 0    
REFRIGERATOR 2017-03-22 2,600 2,600 SL 5.000000000000 0 0    
SOUP KETTLE 2017-07-20 19,380 19,380 SL 5.000000000000 0 0    
SOUP KITCHEN OFFICE REMODEL 2018-08-01 1,981 583 SL 15.000000000000 132 0    
AIR CONDITIONER - REPL/INST 2018-09-20 876 759 SL 5.000000000000 117 0    
REFRIGERATOR 2020-01-17 3,119 1,871 SL 5.000000000000 624 0    
GAS UNIT HEATER 2020-12-31 4,475 1,865 SL 5.000000000000 895 0    

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TY 2023 ExpenditureResponsibilityStmt
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
UNITED COAL FOUNDATION INC
  		2112 NORTH ROAN STREET STE 500
JOHNSON CITY,TN37601 		2022-05-24 100,000 SUPPORTING HUMANITARIAN RELIEF EFFORTS IN UKRAINE 100,000 NONE 1/30/23 2023-01-30 FUNDS WERE USED FOR THE INTENDED PURPOSES.

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Name of Bond End of Year Book Value End of Year Fair Market Value
AEP TX INC 2.1% 07/01/30 209,717 209,717
AMCOR FLEXIBLES NORTH 3.1% 09/15/26 234,539 234,539
AMEREN CORP 2.5% 09/15/24 244,434 244,434
AMERIPRISE FINL INC 3% 04/02/25 243,848 243,848
AMERN EXPRESS CO 2.5% 07/30/24 245,592 245,592
AMGEN INC 2.2% 02/21/27 232,457 232,457
BK OF AMER CORP MTN 1.25% 09/24/26 222,763 222,763
BK OF AMER CORP MTN 5.7% 12/01/27 248,290 248,290
BORGWARNER INC 2.65% 07/01/27 231,788 231,788
CAP ONE FINL CO 3.2% 02/05/25 243,994 243,994
CARLISLE COS INC 3.5% 12/01/24 245,229 245,229
COLLINS AEROSPACE 3.2% 03/15/24 248,767 248,767
DCP MIDSTREAM OPER 5.375% 07/15/25 250,141 250,141
DUKE ENERGY CORP 5% 12/08/25 250,460 250,460
EAGLE MATERIALS 2.5% 07/01/31 211,976 211,976
EASTMAN CHEM CO 3.8% 03/15/25 245,612 245,612
FIFTH THIRD BANCORP 2.375% 01/28/25 241,718 241,718
GA PWR CO 2.2% 09/15/24 243,673 243,673
GE HEALTHCARE TECH IN 5.55% 11/15/24 250,125 250,125
GOLDMAN SACHS GROUP MTN 2% 12/14/26 227,157 227,157
HP INC 2.2% 06/17/25 239,407 239,407
HUNTINGTON BANCSHARE 2.625% 08/06/24 245,326 245,326
LAB CORP OF AMER 3.25% 09/01/24 246,125 246,125
MCKESSON CORP 5.25% 02/15/26 250,002 250,002
NATL RURAL UTIL COOP 2.4% 03/15/30 216,944 216,944
NATL RURAL UTIL COOP 2.7% 02/15/23 256,487 256,487
NUCOR CORP 2% 06/01/25 239,996 239,996
REP SERVICES INC 2.5% 08/15/24 245,247 245,247
ROPER TECHNOLOGIES IN 2.35% 09/15/24 243,835 243,835
SHERWIN-WILLIAMS CO 4.05% 08/08/24 247,747 247,747
SONOCO PRODUCTS CO 2.25% 02/01/27 230,232 230,232
TRANSCONT GAS PIPE LI 3.25% 05/15/30 226,609 226,609
VALERO ENERGY CORP 2.15% 09/15/27 227,890 227,890
WELLS FARGO & CO 3% 10/23/26 237,344 237,344
WELLS FARGO & CO MTN 4.5% 07/28/25 244,948 244,948
ZIONS BANCORP NA MTN 3.25% 10/29/29 204,382 204,382

TY 2023 InvestmentsCorpStockSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 220,580 220,580
ACCENTURE PLC-CL A 110,537 110,537
ADOBE SYSTEMS INC 175,997 175,997
ADVANCED MICRO DEVICES 95,079 95,079
ALPHABET INC-CL A 936,342 936,342
ALPHABET INC/CA-CL C 197,584 197,584
AMAZON.COM INC 1,230,106 1,230,106
AMERIPRISE FINANCIAL INC 65,331 65,331
AMPHENOL CORP-CL A 165,646 165,646
ANALOG DEVICES INC 153,884 153,884
APPLE INC 1,338,854 1,338,854
APPLIED MATERIALS INC 85,087 85,087
APTIV PLC 103,806 103,806
ARES MANAGEMENT CORP 118,920 118,920
ASML HOLDING NV-NY REG SHS 47,686 47,686
AUTOMATIC DATA PROCESSING 150,499 150,499
BERKSHIRE HATHAWAY INC-CL B 206,506 206,506
BOSTON SCIENTIFIC CORP 62,955 62,955
BROADCOM INC 64,743 64,743
CDW CORP/DE 191,631 191,631
CENCORA INC 246,456 246,456
CHIPOTLE MEXICAN GRILL INC 73,183 73,183
COCA-COLA CO/THE 85,802 85,802
CONSTELLATION BRANDS INC-A 131,270 131,270
COOPER COS INC/THE 117,695 117,695
COSTCO WHOLESALE CORP 93,071 93,071
DANAHER CORP 37,477 37,477
EATON CORP PLC 151,957 151,957
ELI LILLY & CO 768,871 768,871
GARTNER INC 59,998 59,998
GXO LOGISTICS INC 122,687 122,687
HONEYWELL INTERNATIONAL INC 162,525 162,525
ILLUMINA INC 75,607 75,607
INTL BUSINESS MACHINES CORP 130,840 130,840
INTUIT INC 262,513 262,513
INTUITIVE SURGICAL INC 61,737 61,737
IQVIA HOLDINGS INC 210,787 210,787
JPMORGAN CHASE & CO 358,911 358,911
MASTERCARD INC-CLASS A 855,153 855,153
META PLATFORMS INC-CLASS A 809,860 809,860
METTLER-TOLEDO INTERNATIONAL 161,324 161,324
MICROCHIP TECHNOLOGY INC 177,294 177,294
MICROSOFT CORP 2,215,252 2,215,252
NIKE INC -CL B 366,098 366,098
NVIDIA CORP 214,925 214,925
ORACLE CORP 161,624 161,624
O'REILLY AUTOMOTIVE INC 63,655 63,655
PALO ALTO NETWORKS INC 63,104 63,104
PARKER HANNIFIN CORP 56,205 56,205
ROCKWELL AUTOMATION INC 40,052 40,052
ROPER TECHNOLOGIES INC 176,635 176,635
S&P GLOBAL INC 62,994 62,994
SALESFORCE.COM INC 303,927 303,927
SCHLUMBERGER LTD 51,103 51,103
SCHWAB (CHARLES) CORP 193,672 193,672
SHERWIN-WILLIAMS CO/THE 84,837 84,837
STERICYCLE INC 100,260 100,260
THERMO FISHER SCIENTIFIC INC 63,164 63,164
TJX COMPANIES INC 239,403 239,403
TRANSDIGM GROUP INC 187,146 187,146
UNION PACIFIC CORP 82,283 82,283
UNITEDHEALTH GROUP INC 336,941 336,941
VISA INC-CLASS A SHARES 436,867 436,867
WALMART INC 488,084 488,084
WALT DISNEY CO/THE 151,236 151,236
ZOETIS INC 99,474 99,474

TY 2023 InvestmentsGovtObligationsSch
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
US Government Securities - End of Year Book Value:

2,246,924
US Government Securities - End of Year Fair Market Value:

2,246,924
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 UNITED COMPANY FOUNDATION
EIN:
54-1390453
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AMERICAN TOWER CORP FMV 424,204 424,204
ENERGY SELECT SECTOR SPDR FMV 573,214 573,214
HEALTH CARE SELECT SECTOR FMV 138,835 138,835
INDUSTRIAL SELECT SECT SPDR FMV 347,556 347,556
INVESCO QQQ TRUST SERIES 1 FMV 2,170,456 2,170,456
JPM NASDAQ EQUITY PREMIUM FMV 2,327,836 2,327,836
JPMORGAN EQUITY PREMIUM INCOME ETF FMV 849,661 849,661
PACER US SMALL CAP CASH COWS 100 ETF FMV 110,469 110,469
SPDR DOUBLELINE TOTAL RETURN TACTICAL ETF FMV 805,000 805,000
SPDR S&P 500 ETF TRUST FMV 8,733,821 8,733,821
SPDR S&P REGIONAL BANKING FMV 199,234 199,234
TECHNOLOGY SELECT SECT SPDR FMV 625,560 625,560

TY 2023 LandEtcSchedule2
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FORD VAN - SOUP KITCHEN 23,148 23,148 0 0
CHEVROLET VAN - SOUP KITCHEN 16,720 16,720 0 0
CAN OPENER 602 602 0 0
SOUP KETTLE 20,448 20,448 0 0
REFRIGERATOR 3,833 3,833 0 0
WORK TABLES 882 882 0 0
DOUBLE DOOR COOLER 4,902 4,902 0 0
TELEVISION 399 399 0 0
HP INKJET PRINTER 1,077 1,077 0 0
CANON PRINTER/SCANNER 242 242 0 0
ELECTRICAL- SOUP KITCHEN 4,555 3,670 885 885
NEW ENTRANCE DOORS 3,324 2,697 627 627
SOUP KITCHEN CONSTRUCTION 461 375 86 86
PAINTING NEW ADDITIONS 672 546 126 126
INSTALL WATER & GAS LINE SOUP K 1,474 1,195 279 279
PAVING 7,500 6,042 1,458 1,458
ENTRANCE DOORS LOCK SET 105 84 21 21
SOUP KITCHEN PAINTING 617 485 132 132
SOUP KITCHEN RENOVATIONS 3,542 2,793 749 749
SOUP KITCHEN ACOUSTICAL CEILING 2,115 1,669 446 446
HP LASERJET PRINTER 332 332 0 0
HP LASERJET PRINTER 252 252 0 0
AWNING 2,161 1,430 731 731
REFRIGERATOR 3,650 3,650 0 0
REFRIGERATOR 2,600 2,600 0 0
SOUP KETTLE 19,380 19,380 0 0
SOUP KITCHEN OFFICE REMODEL 1,981 715 1,266 1,266
AIR CONDITIONER - REPL/INST 876 876 0 0
REFRIGERATOR 3,119 2,495 624 624
GAS UNIT HEATER 4,475 2,760 1,715 1,715


TY 2023 OtherExpensesSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FUEL (SOUP KITCHEN) 283 0   283
SUPPLIES 1,544 0   1,544
VEHICLE EXPENSE (SOUP KITCHEN) 645 0   645
COST OF FOOD CONSUMED (SOUP KITCHEN) 110,328 0   110,328
INSURANCE 18,476 0   18,476
PAYROLL PROCESSING - ADP 1,249 0   1,249
TELEPHONE 1,937 0   1,937
ELECTRICITY 4,255 0   4,255
PROMOTIONS & ADVERTISING 586 0   586
MISCELLANEOUS EXPENSE 766 0   766
CAMP SUCCESS 23,824 0   23,824
CAMP FOR KIDS 46,104 0   46,104
HOLIDAY GIFT CERTIFICATES (SOUP KITCHEN ROUTE RECIPIENTS) 16,625 0   16,625
DUES AND SUBSCRIPTIONS 25 0   25


TY 2023 OtherIncreasesSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Description Amount
NET UNREALIZED CHANGE IN VALUE OF INVESTMENTS 4,157,437
ROUNDING DIFFERENCE 2


TY 2023 OtherProfessionalFeesSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 238,951 238,951   0


TY 2023 TaxesSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SECTION 4940 TAX 42,453 0   0