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
WOODWARD CHARITABLE TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)5001 N SECOND ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROCKFORD, IL611257001
A Employer identification number

84-6025403
B Telephone number (see instructions)

(815) 877-7441
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$40,670,491J 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) 300,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 464,872 464,872  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 160,069
b Gross sales price for all assets on line 6a 1,498,776
7 Capital gain net income (from Part IV, line 2)... 160,069
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........ 924,941 624,941  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
14,800 7,400   7,400
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
38,191 38,191   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
10,557 3,557   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15 0   15
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 63,563 49,148   7,415
25 Contributions, gifts, grants paid....... 1,446,000 1,446,000
26 Total expenses and disbursements. Add lines 24 and 25 1,509,563 49,148   1,453,415
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -584,622
b Net investment income (if negative, enter -0-) 575,793
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............. 294,905 367,576 367,576
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow   300,000 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 520,753 0 0
b Investments—corporate stock (attach schedule)....... 27,632,698 Click to see attachment
List of Attached Documents:
// Content
37,161,527 		37,161,527
c Investments—corporate bonds (attach schedule)....... 2,150,154 Click to see attachment
List of Attached Documents:
// Content
3,029,242 		3,029,242
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).......... 83,934 Click to see attachment
List of Attached Documents:
// Content
104,128 		104,128
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
6,396 		Click to see attachment
List of Attached Documents:
// Content
8,018 		Click to see attachment
List of Attached Documents:
// Content
8,018
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,988,840 40,670,491 40,670,491
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
5,411 		Click to see attachment
List of Attached Documents:
// Content
6,169
23 Total liabilities (add lines 17 through 22)......... 5,411 6,169
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 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 30,983,429 40,664,322
29 Total net assets or fund balances (see instructions)..... 30,983,429 40,664,322
30 Total liabilities and net assets/fund balances (see instructions). 30,988,840 40,670,491
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
30,983,429
2
Enter amount from Part I, line 27a .....................
2
-584,622
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
10,265,515
4
Add lines 1, 2, and 3 ..........................
4
40,664,322
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
40,664,322
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 CAPITAL GAINS DIVIDENDS P    
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 1,448,091   1,338,707 109,384
b 50,685     50,685
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       109,384
b       50,685
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 2 160,069
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 8,004
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 8,004
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 8,004
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 7,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 16
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 3,980
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow3,980 Refundedright arrow 11 0
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 arrowIL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowROBERT MCRAE Telephone no.right arrow (970) 492-0797

Located atright arrow1081 WOODWARD WAYFORT COLLINSCO ZIP+4right arrow80524
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
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
A CHRISTOPHER FAWZY PRESIDENT/TRUSTEE
0.20 		0 0 0
5001 NORTH SECOND STREET
ROCKFORD,IL611257001
JULIA G BUCHANAN TRUSTEE
0.20 		0 0 0
5001 NORTH SECOND STREET
ROCKFORD,IL611257001
JAY EVANS TRUSTEE
0.20 		0 0 0
5001 NORTH SECOND STREET
ROCKFORD,IL611257001
MICHAEL SCHABLASKE TRUSTEE
0.20 		0 0 0
5001 NORTH SECOND STREET
ROCKFORD,IL611257001
RICK HOLM TRUSTEE
0.20 		0 0 0
5001 NORTH SECOND STREET
ROCKFORD,IL611257001
KODY BRAISTED TRUSTEE
0.20 		0 0 0
5001 NORTH SECOND STREET
ROCKFORD,IL611257001
JENNIFER RAY TRUSTEE
0.20 		0 0 0
5001 NORTH SECOND STREET
ROCKFORD,IL611257001
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
35,227,290
b
Average of monthly cash balances.......................
1b
459,036
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
35,686,326
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
35,686,326
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
535,295
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
35,151,031
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,757,552
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,757,552
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
8,004
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
8,004
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,749,548
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,749,548
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,749,548
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,453,415
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,453,415
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,749,548
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 776,690
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,453,415
a Applied to 2022, but not more than line 2a 776,690
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..... 676,725
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 .......... 		1,072,823
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
STEVE BEHLING AND NICOLE RAAK
5001 N 2ND ST
LOVES PARK,IL61111
(815) 877-7441
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS SHOULD BE SUBMITTED IN LETTER FORM. NO STANDARD LETTER OF APPLICATION IS REQUIRED. A REQUEST EVALUATION WILL BE SENT TO THE APPLYING ORGANIZATION TO COMPLETE AND RETURN. THIS FORM EMPHASIZES A DESCRIPTION OF THE CHARITABLE ORGANIZATION ITSELF AND HOW THE ORGANIZATION IS MEETING THE NEEDS OF OUR COMMUNITIES. A COPY OF THE ORGANIZATION'S UNEXPIRED IRS LETTER ACKNOWLEDGING THAT CONTRIBUTIONS TO THE ORGANIZATION ARE TAX DEDUCTIBLE MUST BE PROVIDED.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MIMI ALLEN
201 FORRESTER DRIVE SUITE 1A
GREENVILLE,SC29607
(815) 877-7441
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS SHOULD BE SUBMITTED IN LETTER FORM. NO STANDARD LETTER OF APPLICATION IS REQUIRED. A REQUEST EVALUATION WILL BE SENT TO THE APPLYING ORGANIZATION TO COMPLETE AND RETURN. THIS FORM EMPHASIZES A DESCRIPTION OF THE CHARITABLE ORGANIZATION ITSELF AND HOW THE ORGANIZATION IS MEETING THE NEEDS OF OUR COMMUNITIES. A COPY OF THE ORGANIZATION'S UNEXPIRED IRS LETTER ACKNOWLEDGING THAT CONTRIBUTIONS TO THE ORGANIZATION ARE TAX DEDUCTIBLE MUST BE PROVIDED.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
DAVE BARNES
700 N CENTENNIAL ST
ZEELAND,MI49464
(815) 877-7441
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS SHOULD BE SUBMITTED IN LETTER FORM. NO STANDARD LETTER OF APPLICATION IS REQUIRED. A REQUEST EVALUATION WILL BE SENT TO THE APPLYING ORGANIZATION TO COMPLETE AND RETURN. THIS FORM EMPHASIZES A DESCRIPTION OF THE CHARITABLE ORGANIZATION ITSELF AND HOW THE ORGANIZATION IS MEETING THE NEEDS OF OUR COMMUNITIES. A COPY OF THE ORGANIZATION'S UNEXPIRED IRS LETTER ACKNOWLEDGING THAT CONTRIBUTIONS TO THE ORGANIZATION ARE TAX DEDUCTIBLE MUST BE PROVIDED.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
DAVID BERKLEY
25200 RYE CANYON RD
SANTA CLARITA,CA91355
(815) 877-7441
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS SHOULD BE SUBMITTED IN LETTER FORM. NO STANDARD LETTER OF APPLICATION IS REQUIRED. A REQUEST EVALUATION WILL BE SENT TO THE APPLYING ORGANIZATION TO COMPLETE AND RETURN. THIS FORM EMPHASIZES A DESCRIPTION OF THE CHARITABLE ORGANIZATION ITSELF AND HOW THE ORGANIZATION IS MEETING THE NEEDS OF OUR COMMUNITIES. A COPY OF THE ORGANIZATION'S UNEXPIRED IRS LETTER ACKNOWLEDGING THAT CONTRIBUTIONS TO THE ORGANIZATION ARE TAX DEDUCTIBLE MUST BE PROVIDED.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
KODY BRAISTED
1041 WOODWARD WAY
FORT COLLINS,CO80524
(815) 877-7441
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS SHOULD BE SUBMITTED IN LETTER FORM. NO STANDARD LETTER OF APPLICATION IS REQUIRED. A REQUEST EVALUATION WILL BE SENT TO THE APPLYING ORGANIZATION TO COMPLETE AND RETURN. THIS FORM EMPHASIZES A DESCRIPTION OF THE CHARITABLE ORGANIZATION ITSELF AND HOW THE ORGANIZATION IS MEETING THE NEEDS OF OUR COMMUNITIES. A COPY OF THE ORGANIZATION'S UNEXPIRED IRS LETTER ACKNOWLEDGING THAT CONTRIBUTIONS TO THE ORGANIZATION ARE TAX DEDUCTIBLE MUST BE PROVIDED.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
DAVID ANTILLON
6300 W HOWARD ST
NILES,IL60714
(815) 877-7441
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS SHOULD BE SUBMITTED IN LETTER FORM. NO STANDARD LETTER OF APPLICATION IS REQUIRED. A REQUEST EVALUATION WILL BE SENT TO THE APPLYING ORGANIZATION TO COMPLETE AND RETURN. THIS FORM EMPHASIZES A DESCRIPTION OF THE CHARITABLE ORGANIZATION ITSELF AND HOW THE ORGANIZATION IS MEETING THE NEEDS OF OUR COMMUNITIES. A COPY OF THE ORGANIZATION'S UNEXPIRED IRS LETTER ACKNOWLEDGING THAT CONTRIBUTIONS TO THE ORGANIZATION ARE TAX DEDUCTIBLE MUST BE PROVIDED.
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)
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

AMERICAN BRAIN TUMOR ASSOCIATION

8550 W BRYN MAWR AVE STE 550
CHICAGO,IL60631 		  PC MEDICAL 1,800

ASSISTANCE LEAGUE OF SANTA CLARITA

26045 BOUQUET CANYON ROAD
SANTA CLARITA,CA91350 		  PC GENERAL WELFARE 3,500

BARBARA OLSON SCHOOL OF HOPE

3206 N CENTRAL AVE
ROCKFORD,IL61101 		  PC EDUCATIONAL 5,000

BERISTA INC

1103 WASHINGTON AVE
GRAND HAVEN,MI49417 		  PC GENERAL WELFARE 1,000

BIG BROTHERS BIG SISTERS OF METROPOLITAN CHICAGO

560 W LAKE ST 5TH FLOOR
CHICAGO,IL60661 		  PC GENERAL WELFARE 2,500

BOY SCOUTS OF AMERICA

16525 SHERMAN WAY SUITE C8
VAN NUYS,CA91406 		  PC GENERAL WELFARE 1,000

BOYS AND GIRLS CLUB ASSOCIATION OF ROCKFORD

PO BOX 1716
ROCKFORD,IL61110 		  PC GENERAL WELFARE 8,000

BRAVEHEARTS THERAPEUTIC AND EDUCATIONAL CENTER

7319 MAXON RD
HARVARD,IL60033 		  PC GENERAL WELFARE 13,500

CAROUSEL RANCH

34289 ROCKING HORSE RD
AGUA DULCE,CA91390 		  PC GENERAL WELFARE 6,000

CASA OF LARIMER COUNTY

201 LAPORTE AVE STE 100
FORT COLLINS,CO80521 		  PC GENERAL WELFARE 8,700

CENTER FOR DEVELOPMENTAL SERVICES

29 N ACADEMY STREET
GREENVILLE,SC29601 		  PC GENERAL WELFARE 3,000

CENTER FOR ENRICHED LIVING

280 SAUNDERS RD
RIVERWOODS,IL60015 		  PC GENERAL WELFARE 2,000

CENTER FOR FAMILY OUTREACH

PO BOX 475
FORT COLLINS,CO80522 		  PC GENERAL WELFARE 5,000

CHILD AND FAMILY CENTER

21545 CENTRE POINTE PKWY
SANTA CLARITA,CA91350 		  PC GENERAL WELFARE 2,000

CHILDCARE NETWORK OF EVANSTON

1335 DODGE AVE
EVANSTON,IL60201 		  PC GENERAL WELFARE 1,800

CROSSROADS SAFEHOUSE INC

PO BOX 993
FORT COLLINS,CO80522 		  PC GENERAL WELFARE 5,000

CSU ATHLETICS COMMUNITY OUTREACH

PO BOX 18874
DENVER,CO80218 		  PC GENERAL WELFARE 50,000

DEMENTIA TOGETHER

1540 MAIN ST STE 218/231
WINDSOR,CO80550 		  PC GENERAL WELFARE 5,000

DISCOVERY CENTER-ROCKFORD

711 N MAIN ST
ROCKFORD,IL61103 		  PC GENERAL WELFARE 20,000

ERIE NEIGHBORHOOD HOUSE

1347 WEST ERIE STREET
CHICAGO,IL60642 		  PC GENERAL WELFARE 4,500

ESCAPE MINISTRIES

202 E 32ND ST
HOLLAND,MI49423 		  PC GENERAL WELFARE 1,000

FAMILY PROMISE OF THE SANTA CLARITA VALLEY

24820 ORCHARD VILLAGE RD STE A 391
SANTA CLARITA,CA91355 		  PC GENERAL WELFARE 7,000

FELLINLOVE FARM

6364 144TH AVE
HOLLAND,MI49423 		  PC GENERAL WELFARE 1,000

FOCO CAFE

PO BOX 242
FORT COLLINS,CO80522 		  PC GENERAL WELFARE 7,500

FOOTHILLS GATEWAY (POINTERS FOR PARENTS)

301 W SKYWAY DRIVE
FORT COLLINS,CO80525 		  PC GENERAL WELFARE 5,000

FOSTERING YOUTH INDEPENDENCE

PO BOX 801604
SANTA CLARITA,CA91380 		  PC GENERAL WELFARE 6,000

GIFT OF ADOPTION FUND

1200 SHERMER ROAD NO 111
NORTHBROOK,IL60062 		  PC GENERAL WELFARE 2,700

GIRL UP GREENVILLE

408 RANDALL ST
GREENVILLE,SC29609 		  PC EDUCATIONAL 4,600

GREENVILLE TECH FOUNDATION

556 PERRY AVE SUITE B 110
GREENVILLE,SC29611 		  PC GENERAL WELFARE 2,400

GUIDE DOGS OF AMERICA

13445 GLENOAKS BLVD
SYLMAR,CA91342 		  PC GENERAL WELFARE 1,000

HABITAT FOR HUMANITY (OGLE COUNTY)

PO BOX 628
OREGON,IL61061 		  PC GENERAL WELFARE 5,500

HADLEY INSTITUTE

700 ELM ST
WINNETKA,IL60093 		  PC GENERAL WELFARE 2,700

HAND2HAND

306 CHICAGO DR
JENISON,MI49428 		  PC GENERAL WELFARE 500

HIS HARVEST STAND

100 SOUTH PINE STE 100
ZEELAND,MI49464 		  PC GENERAL WELFARE 500

HOLLAND FREE HEALTH CLINIC

99 W 26TH ST
HOLLAND,MI49423 		  PC GENERAL WELFARE 1,000

HOLLAND RESCUE MISSION CENTER

661 E 24TH ST SUITE 300
HOLLAND,MI49423 		  PC GENERAL WELFARE 1,000

HOMEWARD ALLIANCE

242 CONIFER ST
FORT COLLINS,CO80524 		  PC GENERAL WELFARE 10,000

HOO HAVEN INC

10823 CLEVELAND ROAD
DURAND,IL61024 		  PC GENERAL WELFARE 7,500

HOPE HOUSE

6475 BENTON ST BLDG A
ARVADA,CO80003 		  PC GENERAL WELFARE 5,000

HOSPICE OF HOLLAND

270 HOOVER BLVD
HOLLAND,MI49423 		  PC GENERAL WELFARE 1,000

HOUSE OF NEIGHBORLY SERVICE

1511 EAST 11TH STREET SUITE 100
LOVELAND,CO80537 		  PC GENERAL WELFARE 5,000

INSCITE ILLINOIS (FIRST ILLINOIS ROBOTICS)

1551 ALGONQUIN ROAD UNIT 1078
ROLLING MEADOWS,IL60008 		  PC EDUCATIONAL 1,100

KIDS FOOD BASKET

1300 PLYMOUTH AVE NE
GRAND RAPIDS,MI49505 		  PC GENERAL WELFARE 500

KIDS HOPE USA

201 WEST WASHINGTON AVE STE 20
ZEELAND,MI49464 		  PC GENERAL WELFARE 1,000

LADIES OF VIRTUE

1245 S MICHIGAN SUITE 149
CHICAGO,IL60605 		  PC GENERAL WELFARE 1,500

LAKESHORE HABITAT FOR HUMANITY

12727 RILEY STREET
HOLLAND,MI49424 		  PC GENERAL WELFARE 1,000

LAKESHORE PREGNANCY CENTER

339 SOUTH RIVER AVENUE
HOLLAND,MI49423 		  PC GENERAL WELFARE 1,000

LARAMIE COUNTY COMMUNITY COLLEGE

1400 E COLLEGE DRIVE
CHEYENNE,WY82007 		  PC EDUCATIONAL 50,000

LISA'S LITTLE RESCUE

4081 SAINT JOHN DRIVE
ROCKFORD,IL61102 		  PC GENERAL WELFARE 7,500

LIVE THE VICTORY INC (THE MATTHEWS HOUSE)

415 MASON CT APT 1
FORT COLLINS,CO80524 		  PC GENERAL WELFARE 10,000

LOST ANGELS CHILDREN PROJECT

44528 BEECH AVE
LANCASTER,CA93534 		  PC GENERAL WELFARE 6,000

LOVE INC

PO BOX 131
ALLENDALE,MI49401 		  PC GENERAL WELFARE 1,000

MEALS ON WHEELS (FT COLLINS)

1217 E ELIZABETH ST STE 11
FORT COLLINS,CO80524 		  PC GENERAL WELFARE 6,000

MICHELLE LUNN HOPE FOUNDATION

6361 REDINGTON DR SE
ADA,MI49301 		  PF GENERAL WELFARE 1,000

MILESTONE INC

4060 MCFARLAND RD
LOVES PARK,IL61111 		  PC GENERAL WELFARE 5,000

MOMENTUM CENTER

714 COLUMBUS AVENUE
GRAND HAVEN,MI49417 		  PC GENERAL WELFARE 1,000

MORNINGSTAR MISSION MINISTRIES

350 EAST WASHINGTON ST
JOLIET,IL60433 		  PC GENERAL WELFARE 1,000

NATIONAL ASSOCIATION FOR DOWN SYNDROME

1460 RENAISSANCE DRIVE STE 102
PARK RIDGE,IL60068 		  PC GENERAL WELFARE 3,000

NEIGHBOR TO NEIGHBOR INC - FT COLLINS

1550 BLUE SPRUCE DR
FORT COLLINS,CO80524 		  PC GENERAL WELFARE 3,800

NORTHERN ILLINOIS FOOD BANK

273 DEARBORN COURT
GENEVA,IL60134 		  PC GENERAL WELFARE 8,500

NORTHLAKE HILLS VOLUNTEER CLUB

32545 RIDGE ROUTE RD
CASTAIC,CA91384 		  PC GENERAL WELFARE 3,000

OFF THE HOOK ARTS

1001-A E HARMONY RD
FORT COLLINS,CO80525 		  PC GENERAL WELFARE 5,000

ORCHARD VILLAGE

7660 GROSS POINT ROAD
SKOKIE,IL60077 		  PC GENERAL WELFARE 4,500

PARTNERS MENTORING YOUTH

530 S COLLEGE AVE UNIT 1
FORT COLLINS,CO80524 		  PC GENERAL WELFARE 5,000

POUDRE VALLEY MEMORIAL HOSPITAL

2315 E HARMONY ROAD NO 200
FORT COLLINS,CO80528 		  PC MEDICAL 100,000

PROJECT SELF-SUFFICIENCY FT COLLINS

375 W 37TH STREET SUITE 150
LOVELAND,CO80538 		  PC GENERAL WELFARE 10,000

REACH FOR RECOVERY

PO BOX 1875
HOLLAND,MI49422 		  PC GENERAL WELFARE 1,000

READY FOR SCHOOL INITIATIVES

268 E 8TH STREET SUITE 100
HOLLAND,MI49423 		  PC GENERAL WELFARE 500

RESILIENCE ADVOCATES FOR ENDING VIOLENCE

411 BUTTERNUT DRIVE
HOLLAND,MI49424 		  PC GENERAL WELFARE 1,000

ROCK HOUSE KIDS

1325 7TH ST
ROCKFORD,IL61104 		  PC GENERAL WELFARE 20,000

ROCK RIVER VALLEY FOOD PANTRY

421 S ROCKTON AVE
ROCKFORD,IL61102 		  PC GENERAL WELFARE 10,000

ROCK VALLEY COLLEGE FOUNDATION

3301 NORTH MULFORD ROAD
ROCKFORD,IL61114 		  PC EDUCATIONAL 126,000

ROCKFORD AREA CONVENTION AND VISTORS BUREAU

102 NORTH MAIN STREET
ROCKFORD,IL61101 		  SO I GENERAL WELFARE 150,000

ROCKFORD AREA STRAT INITATIVES

308 W STATE STREET SUITE 350
ROCKFORD,IL61101 		  PC GENERAL WELFARE 150,000

SAFE FAMILIES FOR CHILDREN ALLIANCE

4300 WEST IRVING PARK ROAD
CHICAGO,IL60641 		  PC GENERAL WELFARE 7,500

SALUTE INC

18 NORTH BOTHWELL STREET
PALATINE,IL60067 		  PC GENERAL WELFARE 3,000

SHE'S IN POWER

320 E VINE DRIVE STE 101
FORT COLLINS,CO80524 		  PC GENERAL WELFARE 25,000

SHRINERS HOSPITAL

POST OFFICE BOX 31356
TAMPA,FL33631 		  PC MEDICAL 4,000

STEM GREENHOUSE

3167 KALAMAZOO AVE SE SUITE 204
GRAND RAPIDS,MI49508 		  PC EDUCATIONAL 500

TAYLORS FREE MEDICAL CLINIC

400 W MAIN ST
TAYLORS,SC29687 		  PC MEDICAL 2,500

THE BRIDGE TO HOME

23752 NEWHALL AVE
SANTA CLARITA,CA91321 		  PC GENERAL WELFARE 4,000

THE CHICAGO LIGHTHOUSE FOR PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED

1850 W ROOSEVELT RD
CHICAGO,IL60608 		  PC GENERAL WELFARE 3,400

THE GROWING PROJECT

PO BOX 388
FORT COLLINS,CO80522 		  PC GENERAL WELFARE 10,000

THE JARED MONROE FOUNDATION

27825 PINE CREST PLACE
CASTAIC,CA91384 		  POF GENERAL WELFARE 2,500

THE LEARNING CENTER HOUSE OF CONNECTIONS

2153 S MILLARD AVE
CHICAGO,IL60623 		  PC GENERAL WELFARE 3,000

THE LEUKEMIA AND LYMPHOMA SOCIETY

PO BOX 102488
PASADENA,CA911892488 		  PC GENERAL WELFARE 3,000

THE PAINTED TURTLE

1300 4TH STREET NO 300
SANTA MONICA,CA90401 		  PC GENERAL WELFARE 5,000

TRANSFORM ROCKFORD

303 N MAIN STREET SUITE 110
ROCKFORD,IL61101 		  POF GENERAL WELFARE 75,000

UNITED WAY OF LARIMER COUNTY (GIVE NEXT)

525 W OAK ST SUITE 101
FORT COLLINS,CO80521 		  PC GENERAL WELFARE 355,000

WES LEONARD HEART TEAM

PO BOX 735
FENVILLE,MI49408 		  PC GENERAL WELFARE 1,000

WINGS OF MERCY

100 PINE SUITE 393
ZEELAND,MI49464 		  PC GENERAL WELFARE 1,000

WOMEN'S RESOURCE CENTER

720 S ELMWOOD STE 2
TRAVERSE CITY,MI49684 		  PC GENERAL WELFARE 1,000

WRIGHT WAY ASSOCIATION - WRSA

1074 W TAYLOR ST
CHICAGO,IL60607 		  PC GENERAL WELFARE 3,700

YOUTH & OPPORTUNITY UNITED INC (YOU)

1911 CHURCH ST
EVANSTON,IL60201 		  PC GENERAL WELFARE 4,800

YWCA - ROCKFORD

4990 EAST STATE STREET
ROCKFORD,IL61108 		  PC GENERAL WELFARE 4,500

ZACHARIAS SEXUAL ABUSE CENTER

4275 OLD GRAND AVE
GURNEE,IL60031 		  PC GENERAL WELFARE 3,500
Total .................................right arrow 3a 1,446,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 464,872  
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 ............ 		    18 160,069  
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) .. 0 624,941 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
624,941
(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.
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with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
WOODWARD CHARITABLE TRUST
 
Employer identification number

84-6025403
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
WOODWARD CHARITABLE TRUST
  		Employer identification number
84-6025403
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
WOODWARD INC
 
5001 NORTH SECOND STREET
 
ROCKFORD, IL611257001

$ 300,000


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
WOODWARD CHARITABLE TRUST
  		Employer identification number

84-6025403
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
WOODWARD CHARITABLE TRUST
  		Employer identification number

84-6025403
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
WOODWARD CHARITABLE TRUST
EIN:
84-6025403
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 14,800 7,400   7,400

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

TY 2023 ExpenditureResponsibilityStmt
Name:
WOODWARD CHARITABLE TRUST
EIN:
84-6025403
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
TRANSFORM ROCKFORD
  		303 N MAIN SUITE 110
ROCKFORD,IL61101 		2023-12-14 75,000 TO SUPPORT CONTINUING OPERATIONS OF TRANSFORM ROCKFORD THROUGH CONTINUED WORK WITHIN THE COMMUNITY, WITH LOCAL GOVERNMENTAL LEADERS AND OTHERS. PROMOTED INCREASED ALIGNMENT AMONG GOVERNMENTAL BODIES AND NOT-FOR-PROFIT ORGANIZATIONS IN VARIOUS INITIATIVES TO IMPROVE THE COMMUNITY, FACILITATE TRANSFORMATION, AND ASSESS BEST PRACTICES FOR IMPROVEMENT IN THE COMMUNITY. IN ADDITION, FACILITATED ENHANCED PARTNERSHIPS BETWEEN THE BUSINESS COMMUNITY, LOCAL HIGH SCHOOLS AND THE COMMUNITY COLLEGE TO DEVELOP A TALENT PIPELINE NETWORK. PROMOTED A CLIMATE OF ACCOUNTABILITY AND TRANSPARENCY RELATIVE TO TAXATION. WORKED WITH MEMBERS OF MENTAL HEALTH BOARD AND WINNEBAGO COUNTY BOARD TO PROMOTE MENTAL HEALTH. 75,000 NONE 6/17/24   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.

TY 2023 InvestmentsCorpBondsSchedule
Name:
WOODWARD CHARITABLE TRUST
EIN:
84-6025403
Name of Bond End of Year Book Value End of Year Fair Market Value
MFB NORTHERN FDS BD INDEX 1,250,347 1,250,347
MFC ETF FLEXSHARES ULTRA-SHORT INC 391,664 391,664
MFC FLEXSHARES TR TR IBOXX 198,384 198,384
MFO BLACKROCK FDS HIGH FIELD BOND 587,953 587,953
MFO DOUBLELINE FUNDS TRUST CORE FIXED 600,894 600,894

TY 2023 InvestmentsCorpStockSchedule
Name:
WOODWARD CHARITABLE TRUST
EIN:
84-6025403
Name of Stock End of Year Book Value End of Year Fair Market Value
MFB NORHTERN MULTI MANAGER GLOBAL 49,979 49,979
MFB NORTHERN FUNDS ACTIVE M EMERGING 269,960 269,960
MFB NORTHERN FUNDS MID CAP INDEX FUND 153,668 153,668
MFB NORTHERN FUNDS SMALL CAP INDEX FUND 157,140 157,140
MFB NORTHERN FUNDS STOCK INDEX FUND 1,150,492 1,150,492
MFB NORTHERN INTERNATIONAL EQUITY INDEX FUND 428,908 428,908
MFC FLEXSHARES MORNINGSTAR GLOBAL FUND 118,100 118,100
MFC FLEXSHARES TRUST QUALITY DIVID 387,516 387,516
MFC ISHARES TR GLOBAL INFRASTRUCTURE 49,732 49,732
MFC SPDR INDEX SHS FDS S&P GLOBAL NAT 117,719 117,719
MFO DIMENSIONAL FUNDS INTERNATIONAL VALUE PORTFOLIO 218,420 218,420
MFO HARDING LOEVNER FUNDS INTERNATIONAL EQUITY PORTFOLIO 134,119 134,119
WOODWARD INC. COMMON STOCK 33,925,774 33,925,774

TY 2023 InvestmentsOtherSchedule2
Name:
WOODWARD CHARITABLE TRUST
EIN:
84-6025403
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MFO NORTHERN FUNDS GLOBAL REAL ESTATE FMV 104,128 104,128

TY 2023 OtherAssetsSchedule
Name:
WOODWARD CHARITABLE TRUST
EIN:
84-6025403
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INTEREST RECEIVABLE 6,396 8,018 8,018


TY 2023 OtherExpensesSchedule
Name:
WOODWARD CHARITABLE TRUST
EIN:
84-6025403
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ILLINOIS CHARITY BUREAU - FILING 15 0   15


TY 2023 OtherIncreasesSchedule
Name:
WOODWARD CHARITABLE TRUST
EIN:
84-6025403
Description Amount
UNREALIZED GAIN 10,265,515


TY 2023 OtherLiabilitiesSchedule
Name:
WOODWARD CHARITABLE TRUST
EIN:
84-6025403
Description Beginning of Year - Book Value End of Year - Book Value
UNSETTLED SECURITY TRANSACTIONS 5,411 6,169


TY 2023 OtherProfessionalFeesSchedule
Name:
WOODWARD CHARITABLE TRUST
EIN:
84-6025403
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
NORTHERN TRUST FEES 38,191 38,191   0


TY 2023 TaxesSchedule
Name:
WOODWARD CHARITABLE TRUST
EIN:
84-6025403
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 7,000 0   0
FOREIGN TAX 3,557 3,557   0