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
RALPH C SHELDON FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)217 NORTH MAIN STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
JAMESTOWN, NY14701
A Employer identification number

16-6030502
B Telephone number (see instructions)

(716) 664-9890
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$14,786,255J 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) 1,812,477
2 Check right arrow.............
3 Interest on savings and temporary cash investments 6,863 6,863  
4 Dividends and interest from securities... 351,405 351,405  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
190,685
b Gross sales price for all assets on line 6a 1,212,162
7 Capital gain net income (from Part IV, line 2)... 190,685
8 Net short-term capital gain......... 121,120
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... 0    
12 Total. Add lines 1 through 11........ 2,361,430 548,953 121,120
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 109,911 54,956   54,955
14 Other employee salaries and wages...... 58,123 29,062   29,061
15 Pension plans, employee benefits....... 31,087 15,543   15,544
16a Legal fees (attach schedule)......... 0      
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,462 4,731   4,731
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
34,342 17,171   17,171
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
13,812 7,282   6,530
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
0    
20 Occupancy.............. 26,854 13,427   13,427
21 Travel, conferences, and meetings....... 2,074 1,037   1,037
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,445 5,719   5,726
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 297,110 148,928   148,182
25 Contributions, gifts, grants paid....... 3,029,422 3,029,422
26 Total expenses and disbursements. Add lines 24 and 25 3,326,532 148,928   3,177,604
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -965,102
b Net investment income (if negative, enter -0-) 400,025
c Adjusted net income (if negative, enter -0-)... 121,120
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......... 947,303 366,629 366,629
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....   0  
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow     0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 892,805 Click to see attachment
List of Attached Documents:
// Content
1,141,701 		1,136,072
b Investments—corporate stock (attach schedule)....... 7,659,071 Click to see attachment
List of Attached Documents:
// Content
6,927,415 		10,388,687
c Investments—corporate bonds (attach schedule)....... 2,689,954 Click to see attachment
List of Attached Documents:
// Content
2,788,359 		2,892,367
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis right arrow108,965
Less: accumulated depreciation (attach schedule) right arrow106,465 2,500 Click to see attachment
List of Attached Documents:
// Content
2,500 		2,500
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) 12,191,633 11,226,604 14,786,255
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
10 		Click to see attachment
List of Attached Documents:
// Content
2
23 Total liabilities (add lines 17 through 22)......... 10 2
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........... 12,191,623 11,226,602
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)..... 12,191,623 11,226,602
30 Total liabilities and net assets/fund balances (see instructions). 12,191,633 11,226,604
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
12,191,623
2
Enter amount from Part I, line 27a .....................
2
-965,102
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
11,226,521
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
-81
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
11,226,602
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 2023-01-01 2023-12-31
b PUBLICLY TRADED SECURITIES P 2022-12-31 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 857,159 0 736,039 121,120
b 355,002 0 285,437 69,565
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 0 121,120
b 0 0 0 69,565
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 2 190,685
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 3 121,120
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 5,560
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 5,560
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 5,560
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 15,590
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Original Return Overpayment : -15590 7 15,590
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 10,030
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow10,030 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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
Yes
 
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 arrowNY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.RCSHELDONFOUNDATION.ORG
14
The books are in care ofright arrowLINDA SWANSON EXECUTIVE DIRECTOR Telephone no.right arrow (716) 664-9890

Located atright arrow217 NORTH MAIN STREETJAMESTOWNNY ZIP+4right arrow14701
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
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)
 
No
(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
 
 
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
 
 
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
 
 
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
BETSY SHULTS SECRETARY
1.00 		0 0 0
217 NORTH MAIN STREET
JAMESTOWN,NY14701
ALEXIS T SINGLETON PRESIDENT
1.00 		0 0 0
217 NORTH MAIN STREET
JAMESTOWN,NY14701
BARCLAY O WELLMAN DIRECTOR EMERITUS
1.00 		0 0 0
217 NORTH MAIN STREET
JAMESTOWN,NY14701
KELLY A MARTIN VICE-PRESIDENT
1.00 		0 0 0
217 NORTH MAIN STREET
JAMESTOWN,NY14701
RAYMOND J FASHANO VICE-PRESIDENT
1.00 		0 0 0
217 NORTH MAIN STREET
JAMESTOWN,NY14701
LINDA SWANSON EXECUTIVE DIRECTOR
40.00 		109,911 11,666 0
217 NORTH MAIN STREET
JAMESTOWN,NY14701
THOMAS M BECKER VICE-PRESIDENT
1.00 		0 0 0
217 NORTH MAIN STREET
JAMESTOWN,NY14701
TARIQ KHAN MD TREASURER
1.00 		0 0 0
217 NORTH MAIN STREET
JAMESTOWN,NY14701
HANS P AUER ASSISTANT TREASURE
1.00 		0 0 0
217 NORTH MAIN STREET
JAMESTOWN,NY14701
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
JANETTE SALTER ADMINISTRATIVE ASSIS
35.00 		53,480 12,665 0
37 MAPLEVIEW AVENUE
LAKEWOOD,NY14750
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 N/A 0
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 N/A 0
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
14,147,437
b
Average of monthly cash balances.......................
1b
546,278
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
14,693,715
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
14,693,715
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
220,406
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,473,309
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
723,665
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
723,665
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
5,560
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,560
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
718,105
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
718,105
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
718,105
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
3,177,604
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
3,177,604
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 7 718,105
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 586,558
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 0
b From 2019...... 0
c From 2020...... 0
d From 2021...... 0
e From 2022...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 3,177,604
a Applied to 2022, but not more than line 2a 586,558
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		2,438,470
d Applied to 2023 distributable amount..... 152,576
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,438,470
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...... 		 
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 .......... 		565,529
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) ....... 		2,438,470
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.... 0
b Excess from 2020.... 0
c Excess from 2021.... 0
d Excess from 2022.... 0
e Excess from 2023.... 0
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).)
NONE
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.
NONE
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:
LINDA SWANSON
217 NORTH MAIN STREET
JAMESTOWN,NY14701
(716) 664-9890
bThe form in which applications should be submitted and information and materials they should include:
See the following web address http://www.chautauquagrants.org/
cAny submission deadlines:
See the following web address http://www.chautauquagrants.org/
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GEOGRAPHICAL, SOUTHERN CHAUTAUQUA COUNTY, NEW YORK
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

#INTEGRITYFIRST

4436 W FAIRMOUNT AVE
LAKEWOOD,NY14750 		  501(C)(3) #BE THE CHANGE MENTORING PROGRAM 24,536

ALLEGHENY HIGHLANDS COUNCIL INC

50 HOUGH HILL RD
FALCONER,NY14733 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 1,000

AMERICAN RED CROSS OF WNY

50 HOUGH HILL RD
FALCONER,NY14733 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 500

AUDUBON COMMUNITY NATURE CENTER

1600 RIVERSIDE RD
JAMESTOWN,NY14701 		  501(C)(3) A-FRAME BUILDING RENOVATIONSEX DIRECTOR'S DISCRETIONARY GRANTDIRECTOR/STAFF UNRESTRICTED GRANTS 29,500

BEMUS POINT UNITED METHODIST CHURCH

PO BOX 99
BEMUS POINT,NY14712 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS(ROYAL FAMILY KIDS CAMP) 500

BEMUS POINT VOLUNTEER FIRE DEPARTMENT

13 ALBURTUS AVE
BEMUS POINT,NY14712 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 1,000

BUFFALO-TORONTO PUBLIC MEDIA

PO BOX 1263
BUFFALO,NY142401263 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 250

CAMP GROSS FOUNDATION INC

8175 ROUTE 60 NORTH
CASSADAGA,NY14718 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 250

CHAUTAUQUA ADULT DAY CARE CENTER SERVICES

358 EAST FIFTH ST
JAMESTOWN,NY14701 		  501(C)(3) EX DIRECTOR'S DISCRETIONARY GRANT 1,000

CHAUTAUQUA AREA HABITAT FOR HUMANITY

C/O BLB 16 W MAIN ST
FREDONIA,NY14063 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 500

CHAUTAUQUA SAFETY VILLAGE

2695 RTE 394
ASHVILLE,NY14710 		  501(C)(3) EX DIRECTOR'S DISCRETIONARY GRANT 2,500

CHAUTAUQUA CO HUMANE SOCIETY

2825 STRUNK ROAD
JAMESTOWN,NY14701 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 1,250

CHAUTAUQUA INSTITUTION

PO BOX 28
CHAUTAUQUA,NY14722 		  501(C)(3) BELLINGER HALL RENOVATION PROJECTANNUAL FUND DRIVEDIRECTOR/STAFF UNRESTRICTED GRANTS 224,500

CHAUT LAKE & WATERSHED MGMT ALLIANCE

201 W THIRD ST STE 115
JAMESTOWN,NY14701 		  501(C)(3) CLWMA WAS PASS-THROUGH FOR JEFFERSON PROJ.2023 LAKE & WATERSHED PROJECTSDIRECTOR/STAFF UNRESTRICTED GRANTS 768,066

CHAUTAUQUA LAKE ASSOCIATION INC

429 EAST TERRACE AVE
LAKEWOOD,NY14750 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 1,750

CHAUTAUQUA LAKE PARTNERSHIP INC

PO BOX 337
BEMUS POINT,NY14712 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 1,000

CHAUTAUQUA REGION COMMUNITY FOUNDATION

418 SPRING ST
JAMESTOWN,NY14701 		  501(C)(3) E.D. DISC. - CAPACITY LAB SUPPORTDIRECTOR/STAFF UNRESTRICTED GRANTS 10,500

CHAUTAUQUA REGION ECONOMIC DEV CORP

214 CENTRAL AVE
DUNKIRK,NY14048 		  501(C)(3) STRATEGIC PARTNERSHIP GRANT FOR CHAUTAUQUACO. TRAILS MAPPING PROJECT 50,000

CHAUTAUQUA SPORTS HALL OF FAME

PO BOX 1192
JAMESTOWN,NY147021192 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 500

CHAUTAUQUA STRIDERS

301 E SECOND ST STE 102
JAMESTOWN,NY14701 		  501(C)(3) PROGRAM SUPPORTDIRECTOR/STAFF UNRESTRICTED GRANTS 81,000

CHAUTAUQUA WATERSHED CONSERVANCY

71 E FAIRMOUNT AVENUE
LAKEWOOD,NY14750 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 750

COMMUNITY MUSIC PROJECT

715 FALCONER ST BLDG D
JAMESTOWN,NY14701 		  501(C)(3) EX DIRECTOR'S DISCRETIONARY GRANTDIRECTOR/STAFF UNRESTRICTED GRANTS 1,940

CORNELL COOPERATIVE EXTENSION

525 FALCONER STREET
JAMESTOWN,NY14701 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 750

CRECHE INC

300 MAPLECREST
LAKEWOOD,NY14750 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 1,000

ELIZABETH WARNER MARVIN COMMUNITY HOUSE

2 WEST FIFTH ST
JAMESTOWN,NY14701 		  501(C)(3) FLOORING RESTORATION PROJECT 10,574

EVERGREEN HEALTH SERVICES INC

206 S ELMWOOD AVE
BUFFALO,NY14201 		  501(C)(3) FACILITY IMPROVEMENTS AT 320 PRATHER AVENUE JAMESTOWN 50,000

EXPONENT PHILANTHROPY

1720 N STREET NW
WASHINGTON,DC20036 		  501(C)(3) 2023 MEMBERSHIP DUES 815

FEEDMORE WNY

100 JAMES E CASEY DR
BUFFALO,NY14206 		  501(C)(3) CAPITAL SUPPORTOPERATING SUPPORT FOR SCC FACILITY 15,000

FENTON HISTORY CENTER

67 WASHINGTON ST
JAMESTOWN,NY14701 		  501(C)(3) OPERATING SUPPORTDIRECTOR/STAFF UNRESTRICTED GRANTS 25,750

FIRST PRESBYTERIAN CHURCH

509 PRENDERGAST AVE
JAMESTOWN,NY14701 		  501(C)(3) SCHOLARSHIP FUNDING FOR A CHILDREN'S PLACE DAY CARE 20,000

FRIENDS OF CHILD ADVOCACY PROGRAM

405 W THIRD ST
JAMESTOWN,NY14701 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 1,500

HEALTHY COMMUNITY ALLIANCE INC

1 SCHOOL ST
GOWANDA,NY14070 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 1,000

INFINITY PERFORMING ARTS PROGRAM INC

301 E SECOND ST STE 101
JAMESTOWN,NY14701 		  501(C)(3) OPERATING & PROGRAM EXPENSESDIRECTOR/STAFF UNRESTRICTED GRANTS 61,000

ROBERT H JACKSON CENTER

305 E FOURTH ST
JAMESTOWN,NY14701 		  501(C)(3) ORGANIZATIONAL CAPACITY BUILDINGDIRECTOR/STAFF UNRESTRICTED GRANTS 51,700

JAMESTOWN BABE RUTH WORLD SERIES COMMITTEE

PO BOX 1103
JAMESTOWN,NY14702 		  501(C)(3) 2023 13-15 YR. OLD WORLD SERIES 10,000

JAMESTOWN BOYS & GIRLS CLUB

62 ALLEN STREET
JAMESTOWN,NY14701 		  501(C)(3) PROGRAM SUPPORTDIRECTOR/STAFF UNRESTRICTED GRANTS 47,000

JAMESTOWN CENTER CITY DEVELOPMENT CORP

319 W THIRD ST
JAMESTOWN,NY14701 		  501(C)(3) THEZONEDIRECTOR/STAFF UNRESTRICTED GRANTS 252,000

JAMESTOWN COMMUNITY COLLEGE

525 FALCONER ST
JAMESTOWN,NY14701 		  501(C)(3) STRATEGIC PARTNERSHIP GRANT FOR STRONG STARTSCHAUTAUQUA BUSINESS & IMPLEMENTATION PLAN 42,000

JAMESTOWN COMMUNITY COLLEGE FOUNDATION

525 FALCONER ST
JAMESTOWN,NY14701 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 300

JAMESTOWN COMMUNITY LEARNING COUNCIL

501 W THIRD STREET
JAMESTOWN,NY14701 		  501(C)(3) PROGRAM SUPPORT 70,000

JAMESTOWN RENAISSANCE CORP

119-21 W THIRD STREET
JAMESTOWN,NY14701 		  501(C)(3) DOWNTOWN BEAUTIFICATION PROJECTSDIRECTOR/STAFF UNRESTRICTED GRANTSOPERATING SUPPORT 78,000

JAMESTOWN SKATING CLUB

PO BOX 2105
JAMESTOWN,NY14701 		  501(C)(3) LEARN TO SKATE PROGRAM SUPPORT 15,000

JUNIOR ACHIEVEMENT OF WNYINC

500 CORPORATE PARKWAY
AMHERST,NY14226 		  501(C)(3) PROGRAMS IN SO. CHAUTAUQUA CO. 20,000

KIDNEY CONNECTION INC

C/O 748 HARDING AVE
JAMESTOWN,NY14701 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 250

LAKEWOOD MEMORIAL LIBRARY

12 W SUMMIT ST
LAKEWOOD,NY14750 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 1,750

LAWSON BOATING HERITAGE CENTER

73 LAKESIDE DR
BEMUS PT,NY14712 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 500

LITERACY VOLUNTEERS OF CHAUTAUQUA CO

10 PARK PLACE
FREDONIA,NY14063 		  501(C)(3) SOUTH COUNTY EXPANSIONDIRECTOR/STAFF UNRESTRICTED GRANTS 10,500

LUCILLE BALL LITTLE THEATRE OF JAMESTOWN

18-24 E SECOND ST
JAMESTOWN,NY14701 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 1,500

LUTHERAN SOCIAL SERVICES FOUNDATION

715 FALCONER ST
JAMESTOWN,NY14701 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 300

MEALS ON WHEELS OF THE JAMESTOWN AREA

PO BOX 56
JAMESTOWN,NY147020056 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 1,300

MENTAL HEALTH ASSOCIATION IN CHAUT CO

31 WATER ST STE 7
JAMESTOWN,NY14701 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTSORGANIZATIONAL STRUCTURE & CAPACITY 51,500

NATIONAL COMEDY CENTER

2 WEST THIRD ST
JAMESTOWN,NY14701 		  501(C)(3) OPERATING SUPPORTDIRECTOR/STAFF UNRESTRICTED GRANTS 27,250

NY FUNDERS ALLIANCE

431 E FAYETTE ST
SYRACUSE,NY13202 		  501(C)(3) E.D. DISC. GRANT - WNY CATCHAFIRE PROGRAM2023 MEMBERSHIP DUES 5,810

JAMES PRENDERGAST LIBRARY ASSOCIATION

509 CHERRY ST
JAMESTOWN,NY14701 		  501(C)(3) LIDAR SCAN OF LIBRARY BUILDINGDIRECTOR/STAFF UNRESTRICTED GRANTS 38,250

PREVENTION WORKS

509 N MAIN ST
JAMESTOWN,NY14701 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 750

RECOVERY OPTIONS MADE EASY INC

75 JAMESTOWN ST
GOWANDA,NY14070 		  501(C)(3) RENOVATIONS TO THE EAGLE'S NESTRESPITE HOME IN JAMESTOWN 56,800

REG LENNA CENTER FOR THE ARTS

116 E THIRD ST
JAMESTOWN,NY14701 		  501(C)(3) NEW THEATER SEATSOPERATING SUPPORTDIRECTOR/STAFF UNRESTRICTED GRANTS 282,736

ROGER TORY PETERSON INSTITUTE

311 CURTIS ST
JAMESTOWN,NY14701 		  501(C)(3) BUILDING STAFF CAPACITYDIRECTOR/STAFF UNRESTRICTED GRANTS 17,150

ST LUKE'S EPISCOPAL CHURCH

410 N MAIN ST
JAMESTOWN,NY14701 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTSPULIC MARKET/NEW NEIGHBORS COALITION 2,000

SAINT SUSAN CENTER

PO BOX 1276
JAMESTOWN,NY147021276 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 1,800

THE RELIEF ZONE INC

5 FREW RUN RD
FREWSBURG,NY14738 		  501(C)(3) OPERATING/PROGRAM EXPENSES 20,000

THE SALVATION ARMY

83 S MAIN ST
JAMESTOWN,NY14701 		  501(C)(3) NEW DOMESTIC VIOLENCE HOMELESS SHELTERDIRECTOR/STAFF UNRESTRICTED GRANTS 127,800

TOYS FOR TOTS

C/O TRC 200 DUNHAM AVE
JAMESTOWN,NY14701 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 500

UNITED CHRISTIAN ADVOCACY NETWORK (UCAN)

7 WEST FIRST ST
JAMESTOWN,NY14701 		  501(C)(3) CITY MISSIONDIRECTOR/STAFF UNRESTRICTED GRANTS 32,000

UNITED WAY OF SOUTHERN CHAUT CO

208 PINE ST
JAMESTOWN,NY14701 		  501(C)(3) IDEA COALITION SUPPORT2023 CAMPAIGNDIRECTOR/STAFF UNRESTRICTED GRANTS 146,550

VILLAGE OF CELORON

21 BOULEVARD AVE
CELORON,NY14720 		  501(C)(3) LUCILLE BALL MEMORIAL PLAYGROUND 25,000

WCA FOUNDATION INC

207 FOOTE AVE
JAMESTOWN,NY14701 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 500

WNY MOUNTAIN BICYCLING ASSOCIATION

5446 CRESTWOOD ROAD
BEMUS POINT,NY14712 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS 250

WESTFIELD MEMORIAL HOSPITAL FOUNDATION

189 EAST MAIN ST
WESTFIELD,NY14787 		  501(C)(3) SIEMENS CIOS ALPHA C-ARM 25,000

YMCA

101 E FOURTH ST
JAMESTOWN,NY14701 		  501(C)(3) YOUTH PROGRAMSDIRECTOR/STAFF UNRESTRICTED GRANTS 80,000

YWCA

401 NORTH MAIN ST
JAMESTOWN,NY14701 		  501(C)(3) DATA COLLECTION SYSTEMOPERATING SUPPORTE.D. DISC. GRANT FOR CHQ BOOK READ 94,745

ZION COVENANT CHURCH

520 FAIRMOUNT AVE
JAMESTOWN,NY14701 		  501(C)(3) DIRECTOR/STAFF UNRESTRICTED GRANTS(MINISTER'S DISCRETIONARY FUND) 750
Total .................................right arrow 3a 3,029,422
bApproved for future payment

CAMP MISSION MEADOWS
RTE 430
DEWITTVILLE,NY14728 		  501(C)(3) CABIN EXPANSION PROJECT 35,000

CHAUTAUQUA INSTITUTION
PO BOX 28
CHAUTAUQUA,NY14722 		  501(C)(3) BELLINGER HALL RENOVATIONS 350,000

CHAUTAUQUA STRIDERS
301 E 2ND ST
JAMESTOWN,NY14701 		  501(C)(3) PROGRAM SUPPORT 80,000

FEEDMORE WNY
100 JAMES E CASEY DR
BUFFALO,NY14206 		  501(C)(3) OPERATING SUPPORT FOR JAMESTOWN FACILITYCAPITAL SUPPORT FOR NEW BUFFALO FACILITY 55,000

JAMESTOWN CENTER CITY DEVELOPMENT CORP
319 W THIRD ST
JAMESTOWN,NY14701 		  501(C)(3) THEZONE 50,000

JAMESTOWN COMMUNITY LEARNING COUNCIL
PO BOX 129
JAMESTOWN,NY14702 		  501(C)(3) PROGRAM SUPPORT 70,000

LITERACY VOLUNTEERS OF CHAUTAUQUA COUNTY
10 PARK PLACE
FREDONIA,NY14063 		  501(C)(3) SOUTH COUNTY LITERACY PROGRAM 30,000

MEALS ON WHEELS OF THE JAMESTOWN AREA
3045 FLUVANNA AVE
JAMESTOWN,NY14702 		  501(C)(3) THREE-YEAR GRANT FORVEHICLE REPLACEMENTS 112,500

NATIONAL COMEDY CENTER
PO BOX 69
JAMESTOWN,NY14702 		  501(C)(3) OPERATING SUPPORT 75,000

RECOVERY OPTIONS MADE EASY INC
75 JAMESTOWN ST
GOWANDA,NY14070 		  501(C)(3) RENOVATIONS TO EAGLE'S NESTRESPITE HOME IN JAMESTOWN, NY 28,191

THE RELIEF ZONE INC
5 FREW RUN ROAD
FREWSBURG,NY14738 		  501(C)(3) OPERATING SUPPORT 16,000

YMCA OF JAMESTOWN
101 EAST FOURTH ST
JAMESTOWN,NY14701 		  501(C)(3) CAPITAL SUPPORT FOR NEWYMCA FACILITY 1,000,000

YWCA OF JAMESTOWN
401 N MAIN ST
JAMESTOWN,NY14701 		  501(C)(3) OPERATING SUPPORT 65,000
Total ................................. right arrow 3b 1,966,691
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 6,863  
4 Dividends and interest from securities ....     14 351,405  
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 ............ 		    18 190,685  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aMISCELLANEOUS INCOME 		         
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   548,953  
13Total. Add line 12, columns (b), (d), and (e)..................
13
548,953
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  
Part VI Line 7 -Original Return Overpayment: -15,590


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
RALPH C SHELDON FOUNDATION INC
 
Employer identification number

16-6030502
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
RALPH C SHELDON FOUNDATION INC
  		Employer identification number
16-6030502
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
ISABELLA M SHELDON TRUST US 6848
 
C/O JP MORGAN SERVICES 1 CHASE SQUA
 
ROCHESTER, NY14623

$ 1,812,477


(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
RALPH C SHELDON FOUNDATION INC
  		Employer identification number

16-6030502
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
RALPH C SHELDON FOUNDATION INC
  		Employer identification number

16-6030502
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:
RALPH C SHELDON FOUNDATION INC
EIN:
16-6030502
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BAHGAT & LAURITO-BAHGAT, CPAS AUDITING 8,500 4,250   4,250
BAHGAT & LAURITO-BAHGAT, CPAS PAYROLL 962 481   481

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TY 2023 DepreciationSchedule
Name:
RALPH C SHELDON FOUNDATION INC
EIN:
16-6030502
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
TYPEWRITER 1986-11-25 940 940 SL 5.000000000000 0      
FILE 1995-06-01 202 202 SL 5.000000000000 0      
ALARM SYSTEM 1998-06-01 660 660 SL 5.000000000000 0      
FIREPROOF CABINET 2005-06-23 1,035 1,035 SL 5.000000000000 0      
FURNITURE & FIXTURES 2011-04-01 36,179 36,179 SL 7.000000000000 0      
NEW OFFICE RENOVATIONS 2011-04-01 19,449 19,449 SL 10.000000000000 0      
LEASEHOLD IMPROVEMENTS 2011-04-01 50,500 48,000 SL 10.000000000000 0      

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TY 2023 GainLossSaleOtherAssetsSch
Name:
RALPH C SHELDON FOUNDATION INC
EIN:
16-6030502
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
DFA INTERNATIONAL SMALL COMPANY PORT   Purchased 2023-05   47,985 39,368     8,617  
DIMENSIONAL EMERGING MKTS VAL PRTF INSTL   Purchased     16,985 15,192     1,793  
ISHARES CORE S&P 500 ETF 2022-10 Purchased 2023-05   33,085 28,757     4,328  
ISHARES CORE S&P 500 ETF 2022-10   2023-08   101,215 82,675     18,540  
ISHARES CORE S&P 500 ETF 2022-10 Purchased 2023-09   67,363 53,918     13,445  
ISHARES INC CORE MSCI EMERGING MKTS ETF 2022-10 Purchased 2023-05   8,954 7,914     1,040  
ISHARES TR EAFE VALUE ETF 2022-10 Purchased 2023-05   45,648 35,522     10,126  
ISHARES TRUST CORE MSCI EAFE ETF 2022-10 Purchased 2023-05   230,027 176,464     53,563  
SCHWAB STRATEGIC TR SHORT-TERM US TREASUR 2022-10 Purchased 2023-05   141,533 139,389     2,144  
SPDR PORTFOLIO S&P 500 VALUE ETF 2022-10 Purchased 2023-05   19,054 16,422     2,632  
VANGUARD SCOTTSDALE FDS VANGUARD SHORT-T 2022-10 Purchased 2023-05   145,311 140,420     4,891  
ISHARES CORE S&P 500 ETF 2022-10 Purchased 2023-10   41,601 34,148     7,453  
ISHARES CORE S&P 500 ETF 2022-10 Purchased 2023-11   51,848 41,337     10,511  
ISHARES CORE S&P 500 ETF 2022-10 Purchased 2023-11   181,963 143,782     38,181  
ISHARE CORE MSCI EMERGING MKTS ETF 2022-10 Purchased 2023-11   35,850 31,228     4,622  
SPDR PORTFOLIO S&P 500 VALUE ETF 2022-10 Purchased 2023-11   43,740 34,941     8,799  

TY 2023 InvestmentsCorpBondsSchedule
Name:
RALPH C SHELDON FOUNDATION INC
EIN:
16-6030502
Name of Bond End of Year Book Value End of Year Fair Market Value
297875.077 SHS VANGUARD TOTAL BOND MARKET INDEX ADMIRAL 2,788,359 2,892,367

TY 2023 InvestmentsCorpStockSchedule
Name:
RALPH C SHELDON FOUNDATION INC
EIN:
16-6030502
Name of Stock End of Year Book Value End of Year Fair Market Value
27,125.277 SHS BRIDGEWAY ULTRA SMALL CO MARKET 270,777 306,787
10,446.098 SHS DIMENSIONAL EMERGING MKTS VAL PRTF INSTL 254,377 307,428
15,544.006 SHS DFA INTERNATIONAL SMALL COMPANY PORT 232,708 300,155
5,887.450 SHS VANGUARD 500 INDEX ADMIRAL 800,013 2,590,419
3,800.000 SHS ISHARES CORE S&P 500 ETF 1,365,932 1,814,994
3,520.000 SHS ISHARES CORE S&P MID-CAP ETF 792,738 975,568
7,850.000 SHS ISHARES CORE S&P SMALL-CAO ETF 702,417 849,763
5930.000 SHS ISHARES TR EAFE VALUE ETF 228,960 308,953
20040.000 SHS ISHARES TRUST CORE MSCI EAFE ETF 1,052,479 1,409,814
13485.000 SHS ISHARES INC CORE MSCI EMERGING MKTS ETF 576,869 682,071
11,070.000 SHS SPDR PORTFOLIO S&P 500 VALUE ETF 386,794 516,194
4,450.000 SHS SPDR SER TR S&P 400 MDCP VAL ETF 263,351 326,541

TY 2023 InvestmentsGovtObligationsSch
Name:
RALPH C SHELDON FOUNDATION INC
EIN:
16-6030502
US Government Securities - End of Year Book Value:

1,141,701
US Government Securities - End of Year Fair Market Value:

1,136,072
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2023 LandEtcSchedule2
Name:
RALPH C SHELDON FOUNDATION INC
EIN:
16-6030502
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
TYPEWRITER 940 940 0  
FILE 202 202 0  
ALARM SYSTEM 660 660 0  
FIREPROOF CABINET 1,035 1,035 0  
FURNITURE & FIXTURES 36,179 36,179 0  
ARTWORK 2,500 0 2,500  
NEW OFFICE RENOVATIONS 19,449 19,449 0  
LEASEHOLD IMPROVEMENTS 48,000 48,000 0  


TY 2023 OtherDecreasesSchedule
Name:
RALPH C SHELDON FOUNDATION INC
EIN:
16-6030502
Description Amount
FMV ADJUSTMENT -81


TY 2023 OtherExpensesSchedule
Name:
RALPH C SHELDON FOUNDATION INC
EIN:
16-6030502
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES & SUBSCRIPTIONS 903 451   452
INSURANCE 4,093 2,046   2,047
MISCELLANEOUS 671 335   336
POSTAGE & SUPPLIES 747 373   374
REPAIRS & MAINTENANCE 517 258   259
PUBLIC RELATIONS 1,075 537   538
OFFICE EXPENSE 3,439 1,719   1,720


TY 2023 OtherLiabilitiesSchedule
Name:
RALPH C SHELDON FOUNDATION INC
EIN:
16-6030502
Description Beginning of Year - Book Value End of Year - Book Value
TAXES WITHHELD/PAYABLE 10 2


TY 2023 OtherProfessionalFeesSchedule
Name:
RALPH C SHELDON FOUNDATION INC
EIN:
16-6030502
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ALESCO INVESTMENT ADVISORY 34,288 17,144   17,144
FIDELITY INVESTMENT ADVISTORY 54 27   27


TY 2023 TaxesSchedule
Name:
RALPH C SHELDON FOUNDATION INC
EIN:
16-6030502
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
NYS ANNUAL FEE 750 750    
PAYROLL TAXES 13,059 6,529   6,530
FEDERAL EXCISE TAX 3 3