Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE MERCHANTS BONDING COMPANY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)6700 WESTOWN PARKWAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WEST DES MOINES, IA502667754
A Employer identification number

26-3035459
B Telephone number (see instructions)

(515) 243-8171
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$1,192,109J 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) 620,397
2 Check right arrow.............
3 Interest on savings and temporary cash investments 4,379 4,379  
4 Dividends and interest from securities... 17,949 17,949  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,199
b Gross sales price for all assets on line 6a 40,879
7 Capital gain net income (from Part IV, line 2)... 5,199
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... 0 0 0
12 Total. Add lines 1 through 11........ 647,924 27,527 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,890 189 0 1,701
c Other professional fees (attach schedule).... 0 0 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,013 0 0 654
19 Depreciation (attach schedule) and depletion... 0 0 0
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
105,112 103 0 105,009
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 108,015 292 0 107,364
25 Contributions, gifts, grants paid....... 511,866 461,166
26 Total expenses and disbursements. Add lines 24 and 25 619,881 292 0 568,530
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 28,043
b Net investment income (if negative, enter -0-) 27,235
c Adjusted net income (if negative, enter -0-)... 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.............      
2 Savings and temporary cash investments......... 351,922 356,817 356,817
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) right arrow0
Less: allowance for doubtful accounts right arrow0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
0 		0
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 635,037 Click to see attachment
List of Attached Documents:
// Content
658,185 		835,292
14 Land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
15 Other assets (describe right arrow) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 986,959 1,015,002 1,192,109
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 986,959 1,015,002
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 986,959 1,015,002
30 Total liabilities and net assets/fund balances (see instructions). 986,959 1,015,002
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
986,959
2
Enter amount from Part I, line 27a .....................
2
28,043
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,015,002
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
1,015,002
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 2022-01-01 2023-12-31
b CAPITAL GAIN DISTRIBUTIONS P 2022-01-01 2023-12-31
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 39,753 0 35,680 4,073
b 1,126     1,126
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 0 0 0 4,073
b     0 1,126
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 5,199
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 0
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) 1 379
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  
3 Add lines 1 and 2........................... 3 379
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 379
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 400
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 21
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow21 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 arrowIA
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 arrowLARRY TAYLOR Telephone no.right arrow (515) 243-8171

Located atright arrow6700 WESTOWN PKWYWEST DES MOINESIA ZIP+4right arrow50266
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
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)
Yes
 
(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
Yes
 
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
Yes
 
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
Yes
 
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
 
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
LARRY TAYLOR PRESIDENT
0.100 		0 0 0
6700 WESTOWN PARKWAY
WEST DES MOINES,IA502667754
WILLIAM WARNER JR SR VICE PRESIDENT & SECRETARY
0.100 		0 0 0
6700 WESTOWN PARKWAY
WEST DES MOINES,IA502667754
THERESE WIELAGE VICE PRESIDENT
0.100 		0 0 0
6700 WESTOWN PARKWAY
WEST DES MOINES,IA502667754
ELISABETH SANDERSFELD TREASURER
0.100 		0 0 0
6700 WESTOWN PARKWAY
WEST DES MOINES,IA502667754
MELISSA WARNER DIRECTOR
0.100 		0 0 0
6700 WESTOWN PARKWAY
WEST DES MOINES,IA502667754
JANET TAYLOR DIRECTOR
0.100 		0 0 0
6700 WESTOWN PARKWAY
WEST DES MOINES,IA502667754
BILL TAYLOR DIRECTOR
0.100 		0 0 0
6700 WESTOWN PARKWAY
WEST DES MOINES,IA502667754
JEFF TAYLOR DIRECTOR
0.100 		0 0 0
6700 WESTOWN PARKWAY
WEST DES MOINES,IA502667754
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
 
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
 
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 NONE  
2 NONE  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
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
773,521
b
Average of monthly cash balances.......................
1b
484,315
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,257,836
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
 
3
Subtract line 2 from line 1d.........................
3
1,257,836
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
18,868
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,238,968
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
61,948
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
61,948
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
379
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
379
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
61,569
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
61,569
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
61,569
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
568,530
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
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
568,530
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 61,569
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 246,867
b From 2019...... 169,924
c From 2020...... 99,050
d From 2021...... 319,752
e From 2022...... 125,944
f Total of lines 3a through e ........ 961,537
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 568,530
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..... 61,569
e Remaining amount distributed out of corpus 506,961
5 Excess distributions carryover applied to 2023.   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 1,468,498
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) ... 		246,867
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,221,631
10 Analysis of line 9:
a Excess from 2019.... 169,924
b Excess from 2020.... 99,050
c Excess from 2021.... 319,752
d Excess from 2022.... 125,944
e Excess from 2023.... 506,961
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).)
NOT APPLICABLE
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.
NOT APPLICABLE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
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

Ronald McDonald House

1441 PLEASANT STREET
DES MOINES,IA50314 		NONE PC PROGRAM SUPPORT 1,300

Community Foundation of Greater Des Moines

1915 GRAND AVENUE
DES MOINES,IA50309 		NONE PC PROGRAM SUPPORT 2,000

AGC Education and Research Foundation

2300 WILSON BLVD SUITE 300
ARLINGTON,VA222013308 		NONE PC PROGRAM SUPPORT 60,000

DMACC Foundation

2006 S ANKENY BLVD BLDG 22
ANKENY,IA50023 		NONE PC PROGRAM SUPPORT 2,000

Iowa Healthiest State Initiative

301 GRAND AVE
DES MOINES,IA50309 		NONE PC PROGRAM SUPPORT 1,500

Mid-Iowa Council - Boy Scouts of American

6123 SCOUT TRAIL
DES MOINES,IA50321 		NONE PC PROGRAM SUPPORT 1,000

SFAA Foundation

1140 19TH STREET NW SUITE 50
WASHINGTON,DC20036 		NONE PC PROGRAM SUPPORT 30,000

Horn Memorial Hospital Foundation

701 E 2ND STREET
IDA GROVE,IA51445 		NONE PC PROGRAM SUPPORT 200

American Cancer Society

4080 FIRST AVE NE STE 101
CEDAR RAPIDS,IA52402 		NONE PC PROGRAM SUPPORT 200

One Iowa

950 OFFICE PARK RD ROOM 240
WEST DES MOINES,IA50312 		NONE PC PROGRAM SUPPORT 250

Iowa Soccer Deleopment

PO BOX 434
DES MOINES,IA50302 		NONE PC PROGRAM SUPPORT 20,000

Pinky Swear Foundaiton

5555 W 78TH STREET STE E
EDINA,MN55439 		NONE PC PROGRAM SUPPORT 200

Chilren's Cancer Connection

5701 GREENDALE ROAD
JOHNSTON,IA50131 		NONE PC PROGRAM SUPPORT 1,000

Greater Des Moines Leadership Institure - Lead DSM

700 LOCUST ST STE 100
DES MOINES,IA50309 		NONE PC PROGRAM SUPPORT 1,500

San Diego Humane Society & SPCA

5500 GAINES ST
SAN DIEGO,CA92110 		NONE PC PROGRAM SUPPORT 250

Teach for America

PO BOX 411139
BOSTON,MA02109 		NONE PC PROGRAM SUPPORT 100

Des Moines Botanical Garden

909 ROBERT D RAY DRIVE
DES MOINES,IA503092897 		NONE PC PROGRAM SUPPORT 1,000

NAMI Iowa

3839 MERLE HAY ROAD 229
DES MOINES,IA50310 		NONE PC PROGRAM SUPPORT 1,000

Iowa FBLA

723 CURTIS AVE
CHARITON,IA50049 		NONE PC PROGRAM SUPPORT 1,500

Des Moines Metro Opera

106 WEST BOSTON AEVNUE
INDIANOLA,IA50125 		NONE PC PROGRAM SUPPORT 3,000

Please Pass the Love

PO BOX 66204
WEST DES MOINES,IA50265 		NONE PC PROGRAM SUPPORT 1,400

8th College Connection

1548 8TH STREET
DES MOINES,IA50314 		NONE PC PROGRAM SUPPORT 300

Phi Gamma Delta Education Foundation

1201 RED MILE ROAD
LEXINGTON,KY40504 		NONE PC PROGRAM SUPPORT 400

Children & Families of Iowa

1111 UNIVERSITY AVENUE
DES MOINES,IA50314 		NONE PC PROGRAM SUPPORT 1,200

Meals from the Heartland

357 LINCOLN STREET
WEST DES MOINES,IA50265 		NONE PC PROGRAM SUPPORT 1,500

Des Moines Performing Arts

221 WALNUT STREET
DES MOINES,IA50309 		NONE PC PROGRAM SUPPORT 5,000

TreeHouse

2100 24TH AVE S SUITE 200
SEATTLE,WA98144 		NONE PC PROGRAM SUPPORT 250

Camp Fire Heart of Iowa

5615 HICKMAN RD
DES MOINES,IA50310 		NONE PC PROGRAM SUPPORT 500

Freedom for Youth Ministries

2301 HICKMAN ROAD
DES MOINES,IA50310 		NONE PC PROGRAM SUPPORT 400

Mid Iowa Council - Boy Scouts of America

6123 SCOUT TRAIL
DES MOINES,IA50321 		NONE PC PROGRAM SUPPORT 500

Leukemia & Lymphoma Society

PO BOX 22324
NEW YORK,NY10087 		NONE PC PROGRAM SUPPORT 2,925

Hoag Charity Sports

151 KALMUS DR A201
COSTA MESA,CA92626 		NONE PC PROGRAM SUPPORT 1,000

AGC of Iowa Foundation

701 E COURT AVENUE SUITE B
DES MOINES,IA503094901 		NONE PC PROGRAM SUPPORT 700

Mercy Foundation of Des Moines

1305 50TH STREET
WEST DES MOINES,IA50266 		NONE PC PROGRAM SUPPORT 1,000

ChildServe Foundation

PO BOX 707
JOHNSTON,IA50131 		NONE PC PROGRAM SUPPORT 2,500

Des Moines Symphony

1011 LOCUST STREET 200
DES MOINES,IA50309 		NONE PC PROGRAM SUPPORT 2,500

Boys & Girls Club of Central Iowa

1421 WALKER STREET
des moines,IA50316 		NONE PC PROGRAM SUPPORT 6,500

Girl Scouts of America

10715 HICKMAN ROAD
DES MOINES,IA50322 		NONE PC PROGRAM SUPPORT 1,000

First Tee of Central Iowa

15920 HICKMAN RD SUITE 400 PMB 34
CLIVE,IA50325 		NONE PC PROGRAM SUPPORT 500

Greater Lansing Youth for Christ

5222 DUMOND CT
LANSING,MI48917 		NONE PC PROGRAM SUPPORT 50

Above Beyond Cancer

1305 50TH STREET
WEST DES MOINES,IA50266 		NONE PC PROGRAM SUPPORT 1,000

Big Brothers Big Sisters of Kansas City

1709 Walnut St
KANSAS CITY,MO64108 		NONE PC PROGRAM SUPPORT 200

Iowa PBS Foundation

PO BOX 6400
JOHNSTON,IA50131 		NONE PC PROGRAM SUPPORT 500

Floyd Central PTO Renaissance

2307 RIVER ROAD
LOUISVILLE,KY40206 		NONE PC PROGRAM SUPPORT 1,000

Hope Ministries

P O BOX 862
DES MOINES,IA50304 		NONE PC PROGRAM SUPPORT 800

Hospice of the Valley

16117 N 76TH ST
SCOTTSDALE,AZ85260 		NONE PC PROGRAM SUPPORT 200

Wesley Life

5508 WEST 88TH STREET
JOHNSTON,IA50131 		NONE PC PROGRAM SUPPORT 5,000

Des Moines Valley Golf Club

P O BOX 8416
DES MOINES,IA50301 		NONE PC PROGRAM SUPPORT 350

Lake Washington Youth Baseball Club

108 18TH AVE
KIRKLAND,WA98033 		NONE PC PROGRAM SUPPORT 2,000

Alzheimer's Assocation

225 N MICHIGAN AVE FLOOR 17
CHICAO,IL60601 		NONE PC PROGRAM SUPPORT 35

Great Outdoor Foundation

501 SW 7TH ST STE G
DES MOINES,IA50309 		NONE PC PROGRAM SUPPORT 20,000

Iowa Talented and Gifted Association

PO BOX 89
DES MOINES,IA50301 		NONE PC PROGRAM SUPPORT 250

Hope for Hazel

805 CHRISTY COVE
JACKSONVILLE,AR72076 		NONE PC PROGRAM SUPPORT 300

Family Cancer Network

3512 INGERSOLL AVE
DES MOINES,IA50312 		NONE PC PROGRAM SUPPORT 750

Cystic Fibrosis Foundation

1501 42ND STREET STE 230
WEST DES MOINES,IA50266 		NONE PC PROGRAM SUPPORT 750

Single Parent Provision

2041 Grand Avenue Ste D
WEST DES MOINES,IA50265 		NONE PC PROGRAM SUPPORT 500

Centurions of Southern Arizona

P O BOX 30865
TUCSON,AZ85751 		NONE PC PROGRAM SUPPORT 700

Terrace Hill Society Foundation

P O BOX 8052
DES MOINES,IA503018052 		NONE PC PROGRAM SUPPORT 500

United Way of the National Capital Area

8614 WESTWOOD CENTER DRIVE STE 300
VIENNA,VA22182 		NONE PC PROGRAM SUPPORT 1,000

Animal Rescue League of Central Iowa

5452 NE 22ND STREET
DES MOINES,IA50313 		NONE PC PROGRAM SUPPORT 104

YMCA of Greater Des Moines

501 GRAND AVENUE
DES MOINES,IA50309 		NONE PC PROGRAM SUPPORT 1,900

Iowa County Fair

800 E MARION ST
MARENGO,IA52301 		NONE PC PROGRAM SUPPORT 200

The Singing Angels

3600 BIDDULPH AVE SUITE A
CLEVELAND,OH44109 		NONE PC PROGRAM SUPPORT 50

Aheinz 57 Pet Rescue

P O BOX 188
DESOTO,IA50069 		NONE PC PROGRAM SUPPORT 203

AGAPE

4555 TROUSDALE DR
NASHVILLE,TN37204 		NONE PC PROGRAM SUPPORT 1,000

Living Well Disability Services

1168 Northland Drive
Mendota Heights,MN55120 		NONE PC PROGRAM SUPPORT 1,000

Community Rehabilitation Center

623 Beachwood Street
JACKSONVILLE,FL32206 		NONE PC PROGRAM SUPPORT 1,000

Hospice of the Chesapeake Foundation

90 Ritchie Highway
PASADENA,MD21122 		NONE PC PROGRAM SUPPORT 1,000

Friends of United Hatzalah

1457 44TH STREET
BROOKLYN,NY11219 		NONE PC PROGRAM SUPPORT 50

Des Moines University

8025 GRAND AVE
WEST DES MOINES,IA50266 		NONE PC PROGRAM SUPPORT 2,500

NAMIC Mutual Insurance Foundation

3601 VINCENNES RD
INDIANAPOLIS,IN46268 		NONE PC PROGRAM SUPPORT 1,000

Food for the Poor

6401 LYONS RD
COCONUT CREEK,FL330733602 		NONE PC PROGRAM SUPPORT 1,000

Bravo Greater Des Moines

801 Grand Ave Suite 250
DES MOINES,IA50309 		NONE PC PROGRAM SUPPORT 5,000

Waukee Christian Services Foundation

1155 SE BOONE DRIVE
WAUKEE,IA50263 		NONE PC PROGRAM SUPPORT 900

Accounting & Financial Women's Alliance

2365 Harrodsburg Rd ste A325
LEXINGTON,KY40504 		NONE PC PROGRAM SUPPORT 520

Can Play

6500 GRAND AVE
WEST DES MOINES,IA50266 		NONE PC PROGRAM SUPPORT 3,100

Angel Reach

206-A SOUTH LOOP 336W-203
CONROE,TX77301 		NONE PC PROGRAM SUPPORT 1,000

St Baldricks Foundation

1333 S MAYFLOWER AVE STE 400
MONROVIA,CA91016 		NONE PC PROGRAM SUPPORT 325

Flat River Outreach Ministries

11535 FULTON ST E
LOWELL,MI49331 		NONE PC PROGRAM SUPPORT 400

True Impact Outdoors

2791 SCOTT STREET
OSCEOLA,IA50213 		NONE PC PROGRAM SUPPORT 325

Shoes That Fit

1420 N CLAREMONT BLVD SUITE 204-A
CLAREMONT,CA91711 		NONE PC PROGRAM SUPPORT 1,000

Stephen Breen Memorial Foundation

1940 WARNER RD
FORT WIRTH,TX76110 		NONE PC PROGRAM SUPPORT 1,000

Disabled American Veterans Store

2600 WESTOWN PARKWAY
WEST DES MOINES,IA50266 		NONE PC PROGRAM SUPPORT 850

Mission Haiti

PO BOX 2175
SIOUX FALLS,SD57101 		NONE PC PROGRAM SUPPORT 400

Families Forward

3001 GRAND AVE
DES MOINES,IA50309 		NONE PC PROGRAM SUPPORT 500

Variety - The Childrens Charity

505 5TH AVENUE SUITE 310
DES MOINES,IA50309 		NONE PC PROGRAM SUPPORT 12,500

Iowa Collage Foundation

505 5TH AVENUE SUITE 1034
DES MOINES,IA50309 		NONE PC PROGRAM SUPPORT 3,500

Hastings Communtiy Foundation

800 W 3RDS ST SUITE 232
HASTINGS,NE68901 		NONE PC PROGRAM SUPPORT 250

Humanitarian Service Project

465 RANDY STREET
CAROL STREAM,IL60188 		NONE PC PROGRAM SUPPORT 400

Community Foundation of Sarasota County

2635 FRUITVILLE RD
SARASOTA,FL34237 		NONE PC PROGRAM SUPPORT 150

Bobby Bragen Youth Foundation

PO BOX 470765
FORT WIRTH,TX761470765 		NONE PC PROGRAM SUPPORT 1,000

Council for Native Hawaiian Advancement - Kako'o Maui

91-1270 KIINOIKI STREET BUILDI
KAPOLEI,HI96707 		NONE PC PROGRAM SUPPORT 1,000

Habitat for Humanity of Seminole Co & Apopka FL

PO BOX 181010
CASSELBERRY,FL32718 		NONE PC PROGRAM SUPPORT 1,000

ISU Foundation - Sigma Phi Epsilon Education Fund

2505 UNIVERSITY AVE PO BOX 2230
AMES,IA500102230 		NONE PC PROGRAM SUPPORT 400

Hanaeleh Horse Rescue

P O BOX 297
TRABUCO CANYON,CA92678 		NONE PC PROGRAM SUPPORT 400

Wave Project

41445 DAMASK DR
CLINTON,MI48038 		NONE PC PROGRAM SUPPORT 250

Nebraska Game & Parks Foundaiton

PO BOX 36
WAVERLY,NE684620036 		NONE PC PROGRAM SUPPORT 1,000

Pawtastic Friends Inc

2200 E PAMA LANE
LAS VEGAS,NV89119 		NONE PC PROGRAM SUPPORT 250

Capital Area Humane Society

7095 W GRAND RIVER AVENUE
LANSING,MI48906 		NONE PC PROGRAM SUPPORT 250

Blank Children's Hospital

1200 PLEASANT STREET
DES MOINES,IA50309 		NONE PC PROGRAM SUPPORT 3,500

Shriners Hospitals for Children

2425 STOCKTON BLVD
SACRAMENTO,CA95817 		NONE PC PROGRAM SUPPORT 750

American Red Cross of the National Capital & Greater Chesapeake Region

8550 ARLINGTON BLVD
FAIRFAX,VA22031 		NONE PC PROGRAM SUPPORT 250

St Jude's Children's Hospital

501 ST JUDE PLACE
MEMPHIS,TN381053678 		NONE PC PROGRAM SUPPORT 450

Volunteer League of the San Fernando Valley

14603 HAMLIN STREET
VAN NUYS,CA91411 		NONE PC PROGRAM SUPPORT 250

Raise the Bar Initiative

10022 AGATE LANE
JOHNSTON,IA50131 		NONE PC PROGRAM SUPPORT 400

Humane Animal Rescue of Pittsburg

6926 Hamilton Avenue
PITTSBURGH,PA15208 		NONE PC PROGRAM SUPPORT 500

Guardian Partners

10814 NE HALSEY ST
PORTLAND,OR97220 		NONE PC PROGRAM SUPPORT 250

Children's Hospital of Philadelphia

3401 CIVIC CENTER BOULEVARD
PHILADELPHIA,PA19104 		NONE PC PROGRAM SUPPORT 250

Miracle Hill Ministries Inc

PO BOX 2546
GREENVILLE,SC29602 		NONE PC PROGRAM SUPPORT 500

Jefferson County Humane Society

PO BOX 954
MONTICELLO,FL32345 		NONE PC PROGRAM SUPPORT 250

Grace Klien Community Inc

1678 MONTGOMERY HWY STE 104
BIRMINGHAM,AL35216 		NONE PC PROGRAM SUPPORT 250

Yeshivath Gesher

284 CENTRAL AVE APT D3
LAWRENCE,NY11559 		NONE PC PROGRAM SUPPORT 250

Urbandale Food Pantry

7611 DOUGLAS AVE STE 34/35
URBANDALE,IA50322 		NONE PC PROGRAM SUPPORT 250

Arizona Center for Youth

649 N 6TH AVENUE
PHOENIX,AZ85003 		NONE PC PROGRAM SUPPORT 500

Greater Greenfield Community Foundation

PO BOX 13
GREENFIELD,IA50849 		NONE PC PROGRAM SUPPORT 400

United Way

1111 9th St 100
DES MOINES,IA50314 		NONE PC PROGRAM SUPPORT 14,300

American Red Cross Hawaii Chapter

4155 DIAMOND HEAD ROAD
HONOLULU,HI96816 		NONE PC PROGRAM SUPPORT 1,000

EveryStep Foundation

3000 EASTON BLVD
DES MOINES,IA50317 		NONE PC PROGRAM SUPPORT 187,050

Scottish Rite Park

2909 WOODLAND AVE
DES MOINES,IA50312 		NONE PC PROGRAM SUPPORT 150

Orchard Place

2116 GRAND AVE
DES MOINES,IA50312 		NONE PC PROGRAM SUPPORT 1,500

Habitat for Humanity

2200 EAST EUCLID P O BOX 716
DES MOINES,IA50303 		NONE PC PROGRAM SUPPORT 50

DMPS Foundation - South Union Elementary

2100 FLEUR DRIVE-ANNEX
DES MOINES,IA50321 		NONE PC PROGRAM SUPPORT 100

Leader Dogs for the Blind

1039 SOUTH ROCHESTER ROAD
ROCHESTER HILLS,MI48307 		NONE PC PROGRAM SUPPORT 100

San Antonio Livestock Exposition Inc

723 ATT CENTER PKWY
SAN ANTONIO,TX78219 		NONE PC PROGRAM SUPPORT 2,200

Campaign One at a Time

5820 DEVON DR
ROCKLIN,CA95765 		NONE PC PROGRAM SUPPORT 500

Iowa Veterans Foundation

623 6TH AVE
COUNCIL BLUFFS,IA51501 		NONE PC PROGRAM SUPPORT 250

Link Foundation

1452 29TH STREET
WEST DES MOINES,IA502661306 		NONE PC PROGRAM SUPPORT 125

Food Bank of Iowa

PO BOX 1517
DES MOINES,IA50305 		NONE PC PROGRAM SUPPORT 403

Dream Team Des Moines

501 SCOTT AVE
DES MOINES,IA50309 		NONE PC PROGRAM SUPPORT 205

Central Iowa AFP Chapter

PO BOX 13362
DES MOINES,IA50310 		NONE PC PROGRAM SUPPORT 700

The V Foundation

14600 WESTOWN PARKWAY
CARY,NC27513 		NONE PC PROGRAM SUPPORT 296

Goshen Valley Boy's Ranch

387 GOSHEN CHURCH WAY
WALESKA,GA30183 		NONE PC PROGRAM SUPPORT 100

Christ's Haven for Children

4200 KELLER HASLET ROAD
KELLER,TX76244 		NONE PC PROGRAM SUPPORT 100

Neighborhood Meals on Wheels

PO BOX 921512
NORCROSS,GA30010 		NONE PC PROGRAM SUPPORT 100

Neghborhood Cooperative Ministries

500 PINNACLE COURT STE 510
NORCROSS,GA30071 		NONE PC PROGRAM SUPPORT 100

Family Promise of Lawton Inc

901 SW 17TH STREET
LAWTON,OK73501 		NONE PC PROGRAM SUPPORT 100

GLAAD INC

104 W 29TH ST 4TH FLOOR
NEW YORK,NY10010 		NONE PC PROGRAM SUPPORT 100
Total .................................right arrow 3a 461,166
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 ........... 		    14 4,379  
4 Dividends and interest from securities ....     14 17,949  
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 5,199  
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 27,527 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
27,527
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID: 23017437
Software Version: 2023v5.1


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
THE MERCHANTS BONDING COMPANY FOUNDATION
 
Employer identification number

26-3035459
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
THE MERCHANTS BONDING COMPANY FOUNDATION
  		Employer identification number
26-3035459
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
MERCHANTS BONDING COMPANY
 
6700 WESTOWN PARKWAY
 
WEST DES MOINES, IA50266

$ 400,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
KEENAN LEHMANN
 
6700 WESTOWN PARKWAY
 
WEST DES MOINES, IA50266

$ 10,265


(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
THE MERCHANTS BONDING COMPANY FOUNDATION
  		Employer identification number

26-3035459
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
THE MERCHANTS BONDING COMPANY FOUNDATION
  		Employer identification number

26-3035459
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: 23017437
Software Version: 2023v5.1

TY 2023 AccountingFeesSchedule
Name:
THE MERCHANTS BONDING COMPANY FOUNDATION
EIN:
26-3035459
Software ID:
23017437
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 1,890 189 0 1,701

TY 2023 AllOthProgRltdInvestmentsSch
Name:
THE MERCHANTS BONDING COMPANY FOUNDATION
EIN:
26-3035459
Software ID:
23017437
Software Version:
2023v5.1
Category Amount
NONE  

TY 2023 InvestmentsOtherSchedule2
Name:
THE MERCHANTS BONDING COMPANY FOUNDATION
EIN:
26-3035459
Software ID:
23017437
Software Version:
2023v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
EQUITIES/FIXED INCOME AT COST 658,185 835,292

TY 2023 OtherExpensesSchedule
Name:
THE MERCHANTS BONDING COMPANY FOUNDATION
EIN:
26-3035459
Software ID:
23017437
Software Version:
2023v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 103 103 0 0
PAYPAL FEES 2,261 0 0 2,261
GOLF OUTING EXPENSES 102,748 0 0 102,748


TY 2023 TaxesSchedule
Name:
THE MERCHANTS BONDING COMPANY FOUNDATION
EIN:
26-3035459
Software ID:
23017437
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
IOWA DEPT OF REVENUE 654 0 0 654
FEDERAL EXCISE TAX 359 0 0 0