TY 2023 Form 990PF

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)
	1	Contributions, gifts, grants, etc., received (attach schedule)	180,530
2	Check .............
3	Interest on savings and temporary cash investments	4,012	4,012
4	Dividends and interest from securities...	49,570	49,570
5a	Gross rents............	8,800	8,800
b	Net rental income or (loss) 8,800
6a	Net gain or (loss) from sale of assets not on line 10		150,295
b	Gross sales price for all assets on line 6a 968,740
7	Capital gain net income (from Part IV, line 2)...		150,295
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........	393,207	212,677
	13	Compensation of officers, directors, trustees, etc.	13,200	3,300		9,900
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	12,450	8,675		8,675
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	4,900	0		0
17	Interest...............	1,368	1,368		0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	4,316	2,699		657
19	Depreciation (attach schedule) and depletion...		4,124	1,443
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	69,677	38,016		31,661
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	110,035	55,501		50,893
25	Contributions, gifts, grants paid.......	123,951			123,951
26	Total expenses and disbursements. Add lines 24 and 25	233,986	55,501		174,844
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	159,221
b	Net investment income (if negative, enter -0-)		157,176
c	Adjusted net income (if negative, enter -0-)...

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.............	22,861	55,507	55,507
	2	Savings and temporary cash investments.........	86,909	154,770	154,770
	3	Accounts receivable 41,852
		Less: allowance for doubtful accounts	33,418	41,852	41,852
	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..........
	10a	Investments—U.S. and state government obligations (attach schedule)	0	List of Attached Documents: // Content 135,760	135,760
	b	Investments—corporate stock (attach schedule).......	1,582,344	List of Attached Documents: // Content 1,586,396	1,586,396
	c	Investments—corporate bonds (attach schedule).......	506,840	List of Attached Documents: // Content 660,879	660,879
	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 271,543
		Less: accumulated depreciation (attach schedule) 243,457	32,210	List of Attached Documents: // Content 28,086	28,086
	15	Other assets (describe )	List of Attached Documents: // Content 1,172,041	List of Attached Documents: // Content 1,329,000	List of Attached Documents: // Content 1,329,000
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,436,623	3,992,250	3,992,250
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................	10,000
	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).........	10,000	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........	3,426,623	3,992,250
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	0	0
	29	Total net assets or fund balances (see instructions).....	3,426,623	3,992,250
	30	Total liabilities and net assets/fund balances (see instructions).	3,436,623	3,992,250

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

3,426,623

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

159,221

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

List of Attached Documents:

// Content

406,406

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

3,992,250

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 .

3,992,250

(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
1 a	PUBLICLY TRADED ASSETS
b	REAL ESTATE HELD FOR INVESTMENT	D
c	CAPITAL GAINS DIVIDENDS	P
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	848,809	811,499	37,310
b	118,661	6,946	111,715
c	1,270		1,270
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			37,310
b			111,715
c			1,270
d
e

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	150,295
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

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	2,185
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	2,185
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	2,185
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	1,330
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	1,330
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	855
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax	Refunded	11

(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
PAM ACTON	INTERIM DIRECTOR 8.00	13,200	0	0
PO BOX 193 VEVAY,IN47043
ANITA DANNER	DIRECTOR 1.00	0	0	0
PO BOX 193 VEVAY,IN47043
JAMIE PETERS	DIRECTOR 1.00	0	0	0
PO BOX 193 VEVAY,IN47043
KEITH SMITH	DIRECTOR 1.00	0	0	0
PO BOX 193 VEVAY,IN47043
TYLER ALLEN	DIRECTOR 1.00	0	0	0
PO BOX 193 VEVAY,IN47043
JON BOND	PRESIDENT 1.00	0	0	0
PO BOX 193 VEVAY,IN47043
STACY STREETT	VICE PRESIDENT 1.00	0	0	0
PO BOX 193 VEVAY,IN47043
JANET HENDRICKS	SECRETARY 1.00	0	0	0
PO BOX 193 VEVAY,IN47043
ROSE LEAP	TREASURER 1.00	0	0	0
PO BOX 193 VEVAY,IN47043

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	GRANTS TO SWITZERLAND COUNTY TOURISM FOR THEIR 2023 SWISS WINE FESTIVAL.	25,600
2	GRANTS TO SWITZERLAND COUNTY YMCA FOR AFTER PROM AND OTHER ITEMS	17,000
3	GRANTS TO SWITZERLAND COUNTY SCHOOL CORP FOR MIDDLE SCHOOL TRIPS AND JOB SHADOWING PROGRAMS	16,500
4	GRANTS TO SWITZERLAND CO 4-H FAIR BOARD FOR ELECTRIC UPGRADES	15,000

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

		(a) Corpus	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7					177,413
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......	96,855
b From 2019......	192,266
c From 2020......	37,598
d From 2021......	77,674
e From 2022......	64,168
f Total of lines 3a through e ........		468,561
4Qualifying distributions for 2023 from Part
XI, line 4: $ 174,844
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.....					174,844
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2023.		2,569			2,569
(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		465,992
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) ...		94,286
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		371,706
10 Analysis of line 9:
a Excess from 2019....	192,266
b Excess from 2020....	37,598
c Excess from 2021....	77,674
d Excess from 2022....	64,168
e Excess from 2023....

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

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

THE ORGANIZATION
PO BOX 193
VEVAY,IN47043
(812) 427-2533

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

GRANT APPLICATION INCLUDES THE ORGANIZATION'S BASIC INFORMATION, CHARITABLE STATUS, GRANT REQUEST, BUDGET INFORMATION, AND PROPOSED PROJECT INFORMATION WHICH INCLUDES PURPOSE, DESCRIPTION, AND PROJECT BUDGET.

cAny submission deadlines:

NONE.

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

AWARDS ARE RESTRICTED TO QUALIFIED ORGANIZATIONS WITHIN VEVAY AND SWITZERLAND COUNTY IN ACCORDANCE WITH THE FOUNDATION'S EXEMPT PURPOSE.

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
SWITZERLAND COUNTY TOURISM 128 W MAIN ST VEVAY,IN47043			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.	25,600
SWITZERLAND COUNTY YMCA 1114 W MAIN ST VEVAY,IN47043			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.	17,000
SWITZERLAND COUNTY SCHOOL CORP 1040 W MAIN ST VEVAY,IN47043			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.	16,500
SWITZERLAND CO 4-H FAIR BOARD 705 VINEYARD VEVAY,IN47043			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.	15,000
COMMUNITY FOUNDATION OF SWITZE 303 FERRY STREET VEVAY,IN47043			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.	10,000
SWITZERLAND CO HISTORICAL SOC 208 E MARKET ST VEVAY,IN47043			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.	9,285
SWITZERLAND COUNTY AUDITOR 212 MAIN STREET VEVAY,IN47043			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.	9,000
SWITZ CO ECONOMIC DEVELOPMENT 708 SEMINARY STREET VEVAY,IN47043			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.	6,191
VEVAY POLICE DEPARTMENT 305 WALNUT ST VEVAY,IN47043			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.	4,875
SWITZERLAND CO PUBLIC LIBRARY 205 FERRY ST VEVAY,IN47043			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.	4,000
CHILDRENS ADVOCACY CENTER 12211 RULLMAN DR DILLSBORO,IN47018			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.	4,000
SAFE PASSAGE INC PO BOX 235 BATESVILLE,IN47006			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.	2,500
Total ................................. 3a				123,951

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

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 ...........			14	4,012
4 Dividends and interest from securities ....			14	49,570
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....					8,800
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	38,580	111,715
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		92,162	120,515

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

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.

Name of organization VEVAY SWITZERLAND COUNTY FOUNDATION INC

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	SWITZERLAND COUNTY 212 WEST MAIN STREET VEVAY, IN47043	$ 161,995	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)


(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

bApproved for future payment

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

Name of organization VEVAY SWITZERLAND COUNTY FOUNDATION INC		Employer identification number 35-1472069

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2023)


Name of organization VEVAY SWITZERLAND COUNTY FOUNDATION INC			Employer identification number 35-1472069
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Name of Bond	End of Year Book Value	End of Year Fair Market Value
CORPORATE FIXED INCOME HELD BY MORGAN STANLEY	92,641	92,641
MUTUAL FUNDS HELD BY MORGAN STANLEY	568,238	568,238

Name of Stock	End of Year Book Value	End of Year Fair Market Value
DOMESTIC AND FOREIGN COMMON STOCKS HELD BY MORGAN STANLEY	1,459,975	1,459,975
SWITZERLAND COUNTY NATURAL GAS COMPANY	126,421	126,421

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
PROPERTY AND EQUIPMENT	261,045	243,457	17,588	17,588
LAND	10,498	0	10,498	10,498

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
ADVERTISING	1,170	0	1,170
REPAIRS AND MAINTENANCE	33,826	11,839	21,987
UTILITIES	3,923	1,373	2,550
OFFICE SUPPLIES	1,464	512	952
TELEPHONE	1,429	500	929
INSURANCE	4,155	2,077	2,078
MISCELLANEOUS	3,069	1,074	1,995
INVESTMENT FEES	20,641	20,641	0

Description	Amount
UNREALIZED GAINS	242,501
CHANGE IN VALUE OF REAL ESTATE HELD FOR SALE	163,905

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
PAYROLL TAXES	1,010	353	657
INCOME TAX	960	0	0
FOREIGN TAX PAID	2,346	2,346	0

Software ID:
Software Version: