TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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 06-01-2023 , and ending 05-31-2024

Name of foundation
J & V FLYNN FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1921 W ALTORFER DRIVE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PEORIA, IL61615

A Employer identification number

37-1387143

B Telephone number (see instructions)

(309) 713-2812

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$16,303,555J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	36,971		36,971	36,971
4	Dividends and interest from securities...	229,013		229,013	229,013
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		962,680
b	Gross sales price for all assets on line 6a 4,906,389
7	Capital gain net income (from Part IV, line 2)...			962,680
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).......	List of Attached Documents: // Content	417	417	417
12	Total. Add lines 1 through 11........	1,229,081		1,229,081	266,401
13	Compensation of officers, directors, trustees, etc.	0		0	0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	19,737	0	0	0
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	17,084	0	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	36,821		0	0	0
25	Contributions, gifts, grants paid.......	762,500				762,500
26	Total expenses and disbursements. Add lines 24 and 25	799,321		0	0	762,500
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	429,760
b	Net investment income (if negative, enter -0-)			1,229,081
c	Adjusted net income (if negative, enter -0-)...				266,401

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2023)

Form 990-PF (2023)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1,619,418	629,092	629,092
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	30,570	13,486	13,486
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	8,726,356	List of Attached Documents: // Content 10,163,541	15,660,977
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	10,376,344	10,806,119	16,303,555
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	10,376,344	10,806,119
	29	Total net assets or fund balances (see instructions).....	10,376,344	10,806,119
	30	Total liabilities and net assets/fund balances (see instructions).	10,376,344	10,806,119

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

10,376,344

Enter amount from Part I, line 27a .....................

429,760

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

Add lines 1, 2, and 3 ..........................

10,806,119

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

10,806,119

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	CALL: VERIZON COMMUNICATN	P	2023-05-05	2023-07-21
b	CALL TRANSOCEAN INC	P	2023-01-20	2023-07-27
c	CALL CITIZENS FINANCIAL	P	2022-12-29	2023-07-01
d	CALL AMAZON.COM	P	2023-03-08	2023-08-11
e	CALL AMAZON.COM	P	2023-03-08	2023-08-11
	CALL AMAZON.COM	P	2023-03-08	2023-08-11
	CALL AMAZON.COM	P	2023-03-08	2023-08-11
	CALL AMAZON.COM	P	2023-03-08	2023-08-11
	CALL AMAZON.COM	P	2023-03-08	2023-08-11
	CALL VISA	P	2023-05-31	2023-08-29
	CALL JOHNSON & JOHNSON	P	2023-04-18	2023-09-15
	CALL NIVIDIA CORPORATION $800	P	2023-08-24	2023-10-31
	CALL NVIDIA CORPORATION $300	P	2023-05-02	2023-11-30
	CALL NVIDIA CORPORATION $300	P	2023-05-02	2023-11-30
	CALL NVIDIA CORPORATION $300	P	2023-05-02	2023-11-30
	CALL DOLLAR GENERAL $190	P	2023-06-21	2023-11-15
	CALL DOLLAR GENERAL $190	P	2023-06-21	2023-11-15
	CALL MICROSOFT CORP $340	P	2023-05-22	2023-11-07
	CALL JP MORGAN CHASE	P	2023-05-03	2023-12-19
	CALL CAPITAL ONE FNCL $115 EXP 1/19/24	P	2023-05-02	2023-12-19
	CALL COSTCO WHSL CORP $580 EXP 1/19/24	P	2023-03-06	2023-12-19
	CALL COSTCO WHSL CORP $580 EXP 1/19/24	P	2023-03-06	2023-12-19
	CALL COSTCO WHSL CORP $580 EXP 1/19/24	P	2023-03-06	2023-12-19
	CALL ALPHABET INC CL A	P	2023-03-08	2023-12-26
	CALL ALPHABET INC CL A	P	2023-03-08	2023-12-26
	CALL MICROSOFT CORP $380 EXP 09/20/24	P	2023-11-07	2024-01-31
	CALL MICROSOFT CORP $380 EXP 09/20/24	P	2023-11-07	2024-01-31
	CALL VISA $270 EXP 06/21/24	P	2023-08-29	2024-01-31
	CALL AMAZON.COM INC $165 EXP 06/21/24	P	2023-08-11	2024-01-30
	CALL AMAZON.COM INC $165 EXP 06/21/24	P	2023-08-11	2024-01-30
	CALL AMAZON.COM INC $165 EXP 06/21/24	P	2023-08-11	2024-01-30
	CALL AMAZON.COM INC $165 EXP 06/21/24	P	2023-08-11	2024-01-30
	CALL AMAZON.COM INC $165 EXP 06/21/24	P	2023-08-11	2024-01-30
	CALL NVIDIA CORPORATION $580	P	2023-10-31	2024-02-29
	CALL NVIDIA CORPORATION $380	P	2023-05-30	2024-02-29
	CALL NVIDIA CORPORATION @$380	P	2023-05-30	2024-02-29
	CALL MICROSOFT CORP $415 EXP 1/17/25	P	2024-01-31	2024-04-25
	CALL MICROSOFT CORP $415 EXP 1/17/25	P	2024-01-31	2024-04-25
	CALL MICROSOFT CORP $415 EXP 1/17/25	P	2024-01-31	2024-04-25
	CALL MICROSOFT CORP $415 EXP 1/17/25	P	2024-01-31	2024-04-25
	CALL MASTERCARD INC $480 EXP 06/21/24	P	2024-01-25	2024-04-25
	CALL AMZON.COM INC $185 EXP 1/17/25	P	2024-01-30	2024-04-25
	CALL AMZON.COM INC $185 EXP 1/17/25	P	2024-01-30	2024-04-25
	CALL AMZON.COM INC $185 EXP 1/17/25	P	2024-01-30	2024-04-25
	CALL AMZON.COM INC $185 EXP 1/17/25	P	2024-01-30	2024-04-25
	CALL AMZON.COM INC $185 EXP 1/17/25	P	2024-01-30	2024-04-25
	CALL AMZON.COM INC $185 EXP 1/17/25	P	2024-01-30	2024-04-25
	CALL JP MORGAN CHASE $180 EXP 1/17/25	P	2023-12-19	2024-05-15
	CALL JP MORGAN CHASE $180 EXP 1/17/25	P	2023-12-19	2024-05-15
	CALL DOLLAR GENERAL $240	P	2022-12-28	2023-06-16
	BORG WARNER INC	P	2014-01-28	2023-07-21
	VERIZON COMMUNICATIONS	P	2020-05-13	2023-07-21
	DOLLAR GENERAL CORP	P	2021-01-26	2023-11-15
	DOLLAR GENERAL CORP	P	2021-01-26	2023-11-15
	MASTERCARD INC CL A	P	2021-04-16	2024-01-19
	EXXON MOBIL CORP	P	2005-10-25	2023-06-16
	PHINIA INC	P	2023-07-05	2023-07-21
	CALL BWA1=BWA+PHIN $45 EXP 7/21/23	P	2023-07-24	2023-07-24
	EXXON MOBIL	P	2023-05-04	2024-05-16
	CALL: ANALOG DEVICES INC JUN 220 EXP 06/16/23	P	2023-02-17	2023-06-16
	CALL: BANK OR AMERICA CORP JUN 37 EX[ 06/16/23	P	2023-02-17	2023-06-16
	CALL: CHEVRON CORPORATION NEW JUN 180 EXP 6/16/23	P	2023-02-17	2023-06-16
	CALL: CISCO SYSTEMS INC JUN 55 EXP 06/16/23	P	2023-02-17	2023-06-16
	CALL: CONOCOPHILLIPS JUN 115 EXP 06/16/23	P	2023-02-17	2023-06-16
	CALL: COSTCO WHOLESALE CORP JUN 550 EXP 6/16/23	P	2023-02-17	2023-06-16
	CALL: DEVON ENERGY CORP NEW JUN 60 EX[ 6/16/23	P	2023-02-17	2023-06-16
	CALL: DOLLAR GENERAL CORP NEW JUN 250 EXP 06/16/23	P	2023-02-17	2023-06-16
	CALL: GOLMAN SACHS GROUP JUN 410 EXP 06/16/23	P	2023-02-17	2023-06-16
	CALL: JPMORGAN CHASE & CO JUN 155 EXP 06/16/23	P	2023-02-17	2023-06-16
	CALL: JOHNSON & JOHNSON JUN 165 EXP 06/16/23	P	2023-02-17	2023-06-16
	CALL: LAUDER ESTEE COMPANIES JUN 290 EXP 06/16/23	P	2023-02-17	2023-06-16
	CALL: MERCK & CO INCORPORATED JUN 120 EX[ 06/16/23	P	2023-02-17	2023-06-16
	CALL: NUCOR CORPORATION JUL 200 EXP 07/21/23	P	2023-02-17	2023-07-21
	CALL: PFIZER INCORPORATED JUN 45 EXP 06/16/23	P	2023-02-17	2023-06-16
	CALL: PIONEER NAT RES COMPANY JUN 230 EXP	P	2023-02-17	2023-06-16
	CALL: QUALCOMM INCORPORATED JUN 145 EXP 06/16/23	P	2023-02-17	2023-06-16
	CALL: RAYTHEON TECHNOLOGIES JUN 110 EX[ 06/16/23	P	2023-02-17	2023-06-16
	CALL: TJX COS INCORPORATED NEW JUL 90 EXP 07/21/23	P	2023-02-17	2023-07-21
	CALL: UNITEDHEALTH GROUP JUN 540 EXP 06/16/23	P	2023-02-17	2023-06-16
	CALL: VERIZON COMMUNICATIONS JUN 44 EXP 06/16/23	P	2023-02-17	2023-06-16
	CALL: VISA INC COM CLASS A JUN 240 EXP 6/16/23	P	2023-02-17	2023-06-16
	CALL: WALMART INCORPORATED JUN 165 EXP 06/16/23	P	2023-02-17	2023-06-16
	CALL: NVIDIA CORPORATION DEC 480 EXP 12/15/23	P	2023-06-09	2023-08-23
	EDWARDS LIFESCIENCES CORPORATION	P	2023-02-15	2023-06-16
	CALL: ADVANCED MICRO DEVICES NOV 140 EXP 11/17/23	P	2023-06-28	2023-11-17
	CALL: ANALOG DEVICES INCE DEC 210 EXP 12/15/23	P	2023-06-28	2023-12-15
	CALL: CHEVRON CORPORATION NEW DEC 170 EXP 12/15/23	P	2023-06-28	2023-12-15
	CALL: CONOCOPHILLIPS NOV 125 EXP 11/17/23	P	2023-06-28	2023-11-17
	CALL: COSTCO WHOLESALE CORP NOV 570 EXP 11/17/23	P	2023-06-28	2023-11-17
	CALL: DEVON ENERGY CORP NEW NOV 57.50 EXP 11/17/23	P	2023-06-28	2023-11-17
	CALL: DOLLAR GENERAL CORP NEW NOV 190 EXP 11/17/23	P	2023-06-28	2023-09-01
	CALL: EXXON MOBILE CORPORATION OCT 115 EXP 10/20/23	P	2023-06-28	2023-10-01
	LAUDER ESTEE COMPANIES INCORPORATED CLASS A	P	2023-02-15	2023-06-28
	CALL: PACCAR INCORPORATED JAN 90 EXP 1/19/24	P	2023-06-28	2023-12-11
	CALL: VISA INC COM CLASS A DEC 260 EXP 12/15/23	P	2023-06-28	2023-12-15
	CALL: WALMART INCORPORATED DEC 170 EXP 12/15/23	P	2023-06-28	2023-12-15
	CALL: CATERPILLAR INCORPORATED NOV 280 EXP 11/17/23	P	2023-07-13	2023-11-17
	CALL: MASTERCARD INCORPORATED NOV 440 EXP 11/17/23	P	2023-07-13	2023-11-17
	AT&T INCORPORATED	P	2023-07-11	2023-07-21
	EOG RES INCORPORATED	P	2023-03-30	2023-09-15
	CALL: SALESFORCE INCORPORATED JAN 250 EXO 1/19/24	P	2023-06-09	2024-01-17
	CALL: FLOWERS FOODS INC JAN 25 EXP 01/19/24	P	2023-06-28	2024-01-19
	CALL: JOHNSON & JOHNSON JAN 180 EXP 1/19/24	P	2023-06-28	2024-01-19
	CALL: MERCK & CO INCORPORATED JAN 125 EXP 1/19/24	P	2023-06-28	2024-01-19
	CALL: PFIZER INCORPORATED JAN 40 EXP 01/19/24	P	2023-06-28	2024-01-19
	CALL: RAYTHEON TECHNOLOGIES JAN 105 EXP 01/19/24	P	2023-06-28	2024-01-19
	CALL: ALPHABET INC CAP STK JAN 130 EXP 01/19/24	P	2023-07-21	2024-01-17
	CALL AMAZON COM INCORPORATED APR 160 EXP 4/19/24	P	2024-01-17	2024-04-18
	CALL ALPHABET INC CAP STK APR 150 EXP 4/19/24	P	2024-01-17	2024-04-18
	CALL CHEVRON CORPORATION NEW APR 155 EXP 4/19/24	P	2024-01-17	2024-04-18
	CATERPILLAR INCORPORATED	P	2023-07-11	2024-04-19
	CALL ANALOG DEVICES INC APR 200 EXP 4/19/24	P	2024-01-17	2024-04-22
	CALL ADVANCED MICRO DEVICES APR 170 EXP 4/19/24	P	2024-01-17	2024-04-22
	CALL COSTCO WHOLESALE CORP	P	2024-03-11	2024-05-17
	CALL CITIGROUP INC COM NEW MAY 60 EXP 5/17/24	P	2024-03-11	2024-05-17
	CALL MERCK & CO INCORPORATED	P	2024-03-11	2024-05-17
	CALL GOLDMAN SACHS GROUP MAY 430 EXP 5/17/24	P	2024-03-11	2024-05-17
	CALL MORGAN STANLEY MAY 95 EXP 5/17/24	P	2024-03-11	2024-05-17
	CALL CONOCOPHILLIPS MAY 125 EXP 5/17/24	P	2024-03-11	2024-05-20
	CALL SALESFORCE INCORPORATED MAY 3300 EXP 5/17/24	P	2024-03-11	2024-05-20
	CALL FORTINET INCORPORATED MAY 85 EXP 5/17/24	P	2024-03-11	2024-05-20
	CALL JOHNSON & JOHNSON MAY 170 EXP 5/17/24	P	2024-03-11	2024-05-20
	CALL ELI LILLY & COMPANY MAY 830 EXP 5/17/24	P	2024-02-15	2024-05-20
	CALL MASTERCARD INCORPORATED MAY 500 EXP 5/17/24	P	2024-03-11	2024-05-20
	CALL PALO ALTO NETWORKS MAY 340 EXP 5/17/24	P	2024-03-11	2024-05-20
	CALL PACCAR INCORPORATED MAY 125 EXP 5/17/24	P	2024-03-11	2024-05-20
	CALL UBER TECHNOLOGIES INC MAY 85 EXP 5/17/24	P	2024-03-11	2024-05-20
	CALL VISA INC COM CLASS A MAY 305 EXP 5/17/24	P	2024-03-11	2024-05-20
	CALL WALMART INCORPORATED MAY 65 EXP 5/17/24	P	2024-03-11	2024-05-20
	PNC FINL SVCS GROUP INCORPORATED	P	2024-03-11	2024-05-20
	APPLE INCORPORATED	P	2020-09-08	2023-06-16
	MCDONALDS CORPORATION	P	2010-05-11	2023-06-16
	MCDONALDS CORPORATION	P	2012-05-18	2023-06-16
	ORACLE CORPORATION	P	2021-03-11	2023-06-16
	ZIMMER BIOMET HOLDINGS INCORPORATED	P	1999-06-30	2023-06-16
	QUALCOMM INCORPORATED	P	2021-02-05	2023-06-21
	VIATRIS INCORPORATED	P	2020-09-01	2023-06-28
	WEC ENERGY GROUP INCORPORATED	P	1999-06-30	2023-06-28
	ZIMVIE INCORPORATED	P	1999-06-30	2023-06-28
	VERIZON COMMUNICATIONS INCORPORATED	P	1999-06-30	2023-07-21
	VERIZON COMMUNICATIONS INCORPORATED	P	2014-01-17	2023-07-21
	VERIZON COMMUNICATIONS INCORPORATED	P	2017-02-16	2023-07-21
	VERIZON COMMUNICATIONS INCORPORATED	P	2023-06-20	2023-07-21
	DOLLAR GENERAL CORPORATION NEW	P	2021-01-22	2023-09-01
	DOLLAR GENERAL CORPORATION NEW	P	2021-03-19	2023-09-01
	GOLDMAN SACHS GROUP INCORPORATED (GS)	P	2020-07-30	2023-12-15
	JPMORGAN CHASE & COMPANY	P	2014-01-23	2023-12-15
	JPMORGAN CHASE & COMPANY	P	2014-03-25	2023-12-15
	JPMORGAN CHASE & COMPANY	P	2019-01-04	2023-12-15
	MICROSOFT CORPORATION	P	1997-02-05	2023-12-15
	MICROSOFT CORPORATION	P	2011-05-16	2023-12-15
	UNITEDHEALTH GROUP INCORPORATED	P	2020-01-24	2023-12-15

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	893	225	668
b	2,215	4,766	-2,551
c	1,607		1,607
d	2,469	16,420	-13,951
e	2,469	16,436	-13,967
	741	4,979	-4,238
	1,728	11,576	-9,848
	741	4,949	-4,208
	1,728	11,505	-9,777
	4,369	11,204	-6,835
	1,077		1,077
	12,434	4,415	8,019
	18,374	69,441	-51,067
	18,374	69,569	-51,195
	18,374	69,449	-51,075
	1,679	56	1,623
	1,084	37	1,047
	43,115	61,519	-18,404
	8,109	18,304	-10,195
	3,289	17,959	-14,670
	1,419	10,237	-8,818
	2,796	20,034	-17,238
	1,419	10,017	-8,598
	8,911	26,370	-17,459
	9,088	26,370	-17,282
	31,714	48,788	-17,074
	31,714	49,186	-17,472
	11,657	17,838	-6,181
	18,692	22,626	-3,934
	3,746	4,525	-779
	14,985	18,018	-3,033
	18,589	22,441	-3,852
	18,593	22,441	-3,848
	8,483	75,230	-66,747
	9,983	41,988	-32,005
	9,983	42,462	-32,479
	39,502	33,310	6,192
	19,577	16,655	2,922
	15,662	13,324	2,338
	3,911	3,331	580
	2,199	2,619	-420
	11,686	16,538	-4,852
	3,506	4,960	-1,454
	8,180	11,574	-3,394
	23,370	32,825	-9,455
	23,370	32,866	-9,496
	23,372	33,067	-9,695
	11,041	29,838	-18,797
	11,041	29,854	-18,813
	12,323		12,323
	18,876	27,301	-8,425
	33,176	55,170	-21,994
	36,946	61,841	-24,895
	24,631	41,218	-16,587
	131,208	116,311	14,897
	9,038	5,776	3,262
	3,315		3,315
	1,159		1,159
	47	43	4
	8,493		8,493
	8,664		8,664
	10,587		10,587
	2,723		2,723
	8,917		8,917
	3,811		3,811
	4,440		4,440
	4,005		4,005
	2,602		2,602
	5,879		5,879
	1,794		1,794
	2,451		2,451
	1,707		1,707
	9,701		9,701
	4,265		4,265
	6,590		6,590
	3,124		3,124
	1,630		1,630
	4,071		4,071
	4,217		4,217
	2,316		2,316
	5,305		5,305
	1,313		1,313
	27,410	56,473	-29,063
	129,932	117,498	12,434
	5,768		5,768
	14,593		14,593
	9,157		9,157
	1,822		1,822
	2,956	2,022	934
	2,171		2,171
	2,369	146	2,223
	2,636		2,636
	95,735	128,282	-32,547
	14,255	53,855	-39,600
	2,393		2,393
	2,496		2,496
	6,291		6,291
	3,076		3,076
	145,573	153,132	-7,559
	200,439	170,812	29,627
	10,485	20,032	-9,547
	5,402		5,402
	602		602
	3,698		3,698
	2,904		2,904
	2,147		2,147
	10,157	16,796	-6,639
	8,679	33,706	-25,027
	8,354	12,775	-4,421
	6,619	7,046	-427
	297,237	247,426	49,811
	9,895		9,895
	14,995		14,995
	3,328	13,690	-10,362
	5,596	17,854	-12,258
	2,380	1,926	454
	1,420	19,458	-18,038
	2,060	13,890	-11,830
	2,462		2,462
	5,634		5,634
	2,136		2,136
	1,315		1,315
	5,777		5,777
	2,791		2,791
	3,673		3,673
	6,691		6,691
	9,070		9,070
	1,909		1,909
	1,437		1,437
	190,102	174,935	15,167
	171,854	117,099	54,755
	289,892	71,584	218,308
	144,946	45,038	99,908
	98,210	67,232	30,978
	55,778	13,273	42,505
	92,113	117,902	-25,789
	3,521	5,798	-2,277
	4,934	575	4,359
	392	313	79
	23,479	40,137	-16,658
	43,223	63,575	-20,352
	33,351	48,890	-15,539
	50,027	69,396	-19,369
	67,285	104,587	-37,302
	26,914	37,752	-10,838
	172,963	99,670	73,293
	155,801	56,995	98,806
	155,801	61,525	94,276
	77,900	50,768	27,132
	600,197	31,792	568,405
	150,049	9,984	140,065
	267,350	148,269	119,081

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			668
b			-2,551
c			1,607
d			-13,951
e			-13,967
			-4,238
			-9,848
			-4,208
			-9,777
			-6,835
			1,077
			8,019
			-51,067
			-51,195
			-51,075
			1,623
			1,047
			-18,404
			-10,195
			-14,670
			-8,818
			-17,238
			-8,598
			-17,459
			-17,282
			-17,074
			-17,472
			-6,181
			-3,934
			-779
			-3,033
			-3,852
			-3,848
			-66,747
			-32,005
			-32,479
			6,192
			2,922
			2,338
			580
			-420
			-4,852
			-1,454
			-3,394
			-9,455
			-9,496
			-9,695
			-18,797
			-18,813
			12,323
			-8,425
			-21,994
			-24,895
			-16,587
			14,897
			3,262
			3,315
			1,159
			4
			8,493
			8,664
			10,587
			2,723
			8,917
			3,811
			4,440
			4,005
			2,602
			5,879
			1,794
			2,451
			1,707
			9,701
			4,265
			6,590
			3,124
			1,630
			4,071
			4,217
			2,316
			5,305
			1,313
			-29,063
			12,434
			5,768
			14,593
			9,157
			1,822
			934
			2,171
			2,223
			2,636
			-32,547
			-39,600
			2,393
			2,496
			6,291
			3,076
			-7,559
			29,627
			-9,547
			5,402
			602
			3,698
			2,904
			2,147
			-6,639
			-25,027
			-4,421
			-427
			49,811
			9,895
			14,995
			-10,362
			-12,258
			454
			-18,038
			-11,830
			2,462
			5,634
			2,136
			1,315
			5,777
			2,791
			3,673
			6,691
			9,070
			1,909
			1,437
			15,167
			54,755
			218,308
			99,908
			30,978
			42,505
			-25,789
			-2,277
			4,359
			79
			-16,658
			-20,352
			-15,539
			-19,369
			-37,302
			-10,838
			73,293
			98,806
			94,276
			27,132
			568,405
			140,065
			119,081

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	962,680
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 ...................		3	-407,408

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	17,084
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	17,084
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	17,084
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	30,570
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	30,570
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	13,486
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax13,486	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

WILLIAM R PILLMAN Telephone no. right arrow

(309) 713-2812

Located at right arrow

1921 W ALTORFER DRIVEPEORIAIL ZIP+4 right arrow

61615

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
WILLIAM R PILLMAN	PRESIDENT 1.00	0	0	0
1921 W ALTORFER DRIVE PEORIA,IL61615	PRESIDENT 1.00	0	0	0
SALLY A PILLMAN	TRUSTEE 1.00	0	0	0
1921 W ALTORFER DRIVE PEORIA,IL61615	TRUSTEE 1.00	0	0	0
JENNIFER PILLMAN	TRUSTEE 1.00	0	0	0
1921 W ALTORFER DRIVE PEORIA,IL61615	TRUSTEE 1.00	0	0	0

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...................				0

Form 990-PF (2023)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


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 arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

13,710,963

Average of monthly cash balances.......................

1,124,255

Fair market value of all other assets (see instructions)................

22,028

Total (add lines 1a, b, and c).........................

14,857,246

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

14,857,246

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

222,859

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

14,634,387

Minimum investment return. Enter 5% (0.05) of line 5................

731,719

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.)

Minimum investment return from Part IX, line 6..................

731,719

Tax on investment income for 2022 from Part V, line 5.......

17,084

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

17,084

Distributable amount before adjustments. Subtract line 2c from line 1............

714,635

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

714,635

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

714,635

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

762,500

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

762,500

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				714,635
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......			349,220
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: $ 762,500
a Applied to 2022, but not more than line 2a			349,220
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.....				413,280
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 ..........				301,355
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)

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

WILLIAM R PILLMAN
1921 W ALTORFER DRIVE
PEORIA,IL61615
(309) 713-2812

bThe form in which applications should be submitted and information and materials they should include:

NO PRESCRIBED FORM

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

NONE

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
HEARTS FOR CHANGE IL PO BOX 152 WASHINGTON,IL61571	NONE	N/A	CHARITABLE	10,000
WTVP - PBS 101 STATE STREET PEORIA,IL61602	NONE	N/A	EDUCATIONAL	75,000
PEORIA RIVERFRONT MUSEUM 222 SW WASHINGTON STREET PEORIA,IL61602	NONE	N/A	EDUCATIONAL	150,000
WHIP 1235 PEORIA STREET WASHINGTON,IL61571	NONE	N/A	CHARITABLE	20,000
MIDWEST FOOD BANK 9005 N INDUSTRIAL ROAD PEORIA,IL61615	NONE	N/A	CHARITABLE	50,000
CHRIST LUTHERAN CHURCH 1311 S FARADAY PEORIA,IL61605	NONE	N/A	CHARITABLE	60,000
CUMBERLAND COLLEGE 6191 COLLEGE STATION DRIVE WILLIAMSBURG,KY407691372	NONE	N/A	EDUCATIONAL	7,500
BRADLEY UNIVERSITY 1501 W BRADLEY PEORIA,IL616061084	NONE	N/A	EDUCATIONAL	10,000
ILLINOIS WESLEYAN PO BOX 2900 BLOOMINGTON,IL61702	NONE	N/A	EDUCATIONAL	40,000
EUREKA COLLEGE 300 E COLLEGE EUREKA,IL61530	NONE	N/A	EDUCATIONAL	40,000
MONMOUTH COLLEGE 700 E BROADWAY MONMOUTH,IL61462	NONE	N/A	EDUCATIONAL	40,000
OSF HEALTHCARE 124 SW ADAMS PEORIA,IL61602	NONE	N/A	CHARITABLE	100,000
SOPHIA'S KITCHEN 504 FULTON STREET PEORIA,IL61602	NONE	N/A	CHARITABLE	75,000
BOYS & GIRLS CLUB OF GREATER PEORIA 806 E KANSAS PEORIA,IL61603	NONE	N/A	EDUCATIONAL	75,000
MOMS WHO CARE 515 S PLEASANT HILL ROAD EAST PEORIA,IL61611	NONE	N/A	CHARITABLE	10,000
Total ................................. 3a				762,500

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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 ...........					36,971
4 Dividends and interest from securities ....					229,013
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 .....					417
8 Gain or (loss) from sales of assets other than inventory ............					962,680
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		0	1,229,081

13Total. Add line 12, columns (b), (d), and (e)..................

1,229,081

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
1	THE ORGANIZATION IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT LESS EXPENSES TO EXEMPT ORGANIZATIONS. THE INDIVIDUAL LINE ITEMS ALLOW THE ORGANIZATION THE ABILITY TO DETERMINE THE TIMING AND AMOUNT OF THE INDIVIDUAL GRANTS IN ORDER TO FACILITATE THE MAXIMUM BENEFIT FROM LIMITED FUNDS. THIS ADDITIONALLY ALLOWS THE TRUSTEES TIME TO CONSIDER ALL REQUESTS AS TO APPROPRIATENESS
8	AND URGENCY.

Form 990-PF (2023)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

J & V FLYNN FOUNDATION

EIN:

37-1387143

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
	19,737	0	0	0

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

J & V FLYNN FOUNDATION

EIN:

37-1387143

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CHAPIN DAVIS	4,022,029	6,240,043
RAYMOND JAMES	6,141,512	9,420,934

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

J & V FLYNN FOUNDATION

EIN:

37-1387143

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
DELL LITIGATION	417	417	417

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

J & V FLYNN FOUNDATION

EIN:

37-1387143

Description	Amount
ROUNDING	15

- TIN:

TY 2023 TaxesSchedule

Name:

J & V FLYNN FOUNDATION

EIN:

37-1387143

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXCISE TAX	17,084	0	0	0