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 ROBB AND VEDA KAUFMAN HOLINESS
ADVANCEMENT FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)702B NORTH SILVER STREET
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LEXINGTON, NC27292
A Employer identification number

88-3671200
B Telephone number (see instructions)

(570) 837-6064
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$105,747,967
J 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) 3,000,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,456,128 1,456,128  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,625,535
b Gross sales price for all assets on line 6a 31,384,591
7 Capital gain net income (from Part IV, line 2)... 21,565,960
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 4,505,836 2,886,758  
12 Total. Add lines 1 through 11........ 7,336,429 25,908,846  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 25,580 0   0
c Other professional fees (attach schedule).... 149,274 149,274   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 770,069 73,233   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 47,871 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 992,794 222,507   0
25 Contributions, gifts, grants paid....... 5,678,435 5,678,435
26 Total expenses and disbursements. Add lines 24 and 25 6,671,229 222,507   5,678,435
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 665,200
b Net investment income (if negative, enter -0-) 25,686,339
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 500 6,226,789 6,226,789
2 Savings and temporary cash investments......... 2,800,000 3,318,543 3,318,543
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).....      
7 Other notes and loans receivable (attach schedule) right arrow60,371,518
Less: allowance for doubtful accounts right arrow0 44,047,260 60,371,518 60,371,518
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   86,960 86,860
10a Investments—U.S. and state government obligations (attach schedule) 22,999,773 Click to see attachment
List of Attached Documents:
// Content
14,632,769
14,863,429
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
12,904,472
16,730,161
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment
List of Attached Documents:
// Content
3,199,846
3,876,969
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
30,063,632
Click to see attachment
List of Attached Documents:
// Content
305,495
Click to see attachment
List of Attached Documents:
// Content
273,698
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 99,911,165 101,046,392 105,747,967
Liabilities 17 Accounts payable and accrued expenses..........   396,658
18 Grants payable.................    
19 Deferred revenue.................   1,027,301
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 1,423,959
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........... 99,911,165 99,622,433
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)..... 99,911,165 99,622,433
30 Total liabilities and net assets/fund balances (see instructions). 99,911,165 101,046,392
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
99,911,165
2
Enter amount from Part I, line 27a .....................
2
665,200
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
100,576,365
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
953,932
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
99,622,433
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 25% SHARE IN AMERICAN CARGO GROUP TRAILERS, LLC D 2022-12-01 2023-01-05
b TRUIST INVESTMENT ACCOUNT #119995 - SHORT TERM      
c EDWARD JONES INVESTMENT ACCOUNT      
d ADJ TO PY SALE OF LLC FOR BASIS INCREASE FROM K-1 INCOME - KAUFMAN TRAILERS, D 2022-11-01 2023-06-30
e ADJ TO PY SALE OF LLC FOR BASIS INCREASE FROM K-1 INCOME - INDUSTRIAL MATERI D 2022-11-01 2023-06-30
ADJ TO CY SALE OF LLC FOR BASIS INCREASE FROM K-1 INCOME - AMERICAN CARGO GR D 2022-12-01 2023-01-05
(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 30,000,000   6,808,505 23,191,495
b 884,407   891,609 -7,202
c       745
d     736,829 -736,829
e     1,382,433 -1,382,433
500,184     500,184
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       23,191,495
b       -7,202
c       745
d       -736,829
e       -1,382,433
      500,184
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 21,565,960
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 357,040
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........................... 3 357,040
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- ..... 5 357,040
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 444,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 444,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 6,855
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 80,105
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow0 Refundedright arrow 11 80,105
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 arrowNC, NE, SC, IN, ME, UT
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 .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
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 arrowHANNAH MCDOWELL Telephone no.right arrow (570) 837-6064

Located atright arrow702B NORTH SILVER STREETLEXINGTONNC ZIP+4right arrow27292
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
Yes
 
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
 
No
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
 
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
DELMAR ROBB KAUFMAN DIRECTOR AND PRESIDENT
2.00
0 0 0
702B NORTH SILVER STREET
LEXINGTON,NC27292
THOMAS WAYNE SANDERS DIRECTOR, SECRETARY, AND TREASURER
1.00
0 0 0
702B NORTH SILVER STREET
LEXINGTON,NC27292
JOSEPH LARRY SMITH DIRECTOR
1.00
0 0 0
702B NORTH SILVER STREET
LEXINGTON,NC27292
DANIEL RAYMOND HARDY DIRECTOR
1.00
0 0 0
702B NORTH SILVER STREET
LEXINGTON,NC27292
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
26,468,797
b
Average of monthly cash balances.......................
1b
10,664,212
c
Fair market value of all other assets (see instructions)................
1c
60,457,216
d
Total (add lines 1a, b, and c).........................
1d
97,590,225
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
97,590,225
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,463,853
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
96,126,372
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,806,319
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
4,806,319
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
357,040
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
339,796
c
Add lines 2a and 2b............................
2c
696,836
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,109,483
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,109,483
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
4,109,483
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
5,678,435
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
5,678,435
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 4,109,483
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 2,748,974
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 5,678,435
a Applied to 2022, but not more than line 2a 2,748,974
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..... 2,929,461
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 ..........
1,180,022
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ...
0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ......
0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
DELMAR ROBB KAUFMAN
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.
DELMAR ROBB KAUFMAN
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

AFRICAN OUTREACH MINISTERIES

PO BOX 644
NEWFIELD,NJ08344
  PC CHURCH ROOFS IN MALAWI 12,000

AFRICAN OUTREACH MINISTERIES

PO BOX 644
NEWFIELD,NJ08344
  PC EVANGELISTIC TRIP TO MALAWI, 2 COUPLES 8,000

ALLEGHENY WESLEYAN COLLEGE

2161 WOODSDALE ROAD
SALEM,OH44460
  PC CONSTRUCTION OF PRESIDENT'S HOUSE 1,000,000

ALLEGHENY WESLEYAN COLLEGE

2161 WOODSDALE ROAD
SALEM,OH44460
  PC GENERAL FUND 200,000

ALLEGHENY WESLEYAN COLLEGE

2161 WOODSDALE ROAD
SALEM,OH44460
  PC STAFF/STUDENT MEDICAL FUND 100,000

ALLEGHENY WESLEYAN COLLEGE

2161 WOODSDALE ROAD
SALEM,OH44460
  PC STUDENT SCHOLARSHIPS 200,000

ALLEGHENY WESLEYAN COLLEGE

2161 WOODSDALE ROAD
SALEM,OH44460
  PC WORK PROJECTS 75,000

ALLEGHENY WESLEYAN COLLEGE

2161 WOODSDALE ROAD
SALEM,OH44460
  PC WORK-STUDY PROGRAM 125,000

ALLEGHENY WESLEYAN METHODIST YOUTH

C/O REV PAUL KRUSE 164 MAIN ST
PITTSFIELD,PA16340
  PC BASKETBALL AND VOLLEYBALL EQUIPMENT 13,000

ALLEGHENY WESLEYAN METHODIST YOUTH

C/O REV PAUL KRUSE 164 MAIN ST
PITTSFIELD,PA16340
  PC CONCRETE PAD 75,000

ARCHDALE PILGRIM HOLINESS CHURCH INC

431 ALDRIDGE ROAD
ARCHDALE,NC27263
  PC EASTER OFFERING 5,000

ARCHDALE PILGRIM HOLINESS CHURCH INC

431 ALDRIDGE ROAD
ARCHDALE,NC27263
  PC GENERAL FUND 20,000

ARCHDALE PILGRIM HOLINESS CHURCH INC

431 ALDRIDGE ROAD
ARCHDALE,NC27263
  PC SALARY SUBSIDY 45,000

ARCHDALE PILGRIM HOLINESS CHURCH INC

431 ALDRIDGE ROAD
ARCHDALE,NC27263
  PC SELF DENIAL OFFERING 5,000

ARMSTRONG HOLINESS CAMP ASSOCIATION

C/O GARY MCINTIRE PO BOX 152
PLUMVILLE,PA16246
  PC GENERAL FUND 15,000

AWMC MISSIONS

2967 SMITHTON ROAD
SMITHBURG,WV26436
  PC GHANA FUND 50,000

AWMC MISSIONS

2967 SMITHTON ROAD
SMITHBURG,WV26436
  PC NIBS 30,000

AWMC MISSIONS

2967 SMITHTON ROAD
SMITHBURG,WV26436
  PC PERU FUND 80,000

AWMC MISSIONS

2967 SMITHTON ROAD
SMITHBURG,WV26436
  PC WOMEN'S MISSIONARY SOCIETY 2,000

AWYIM

C/O TOM SANDERS 2224 WOODSDALE ROAD
SALEM,OH44460
  PC MISSIONS TRIP 535

BEAVERTOWN GOD'S MISSIONARY CHURCH

PO BOX 2
BEAVERTOWN,PA17813
  PC DEBT REDUCTION 54,000

BELSANO HOLINESS CAMPMEETING

530 SHOMO STREET
JOHNSTOWN,PA15902
  PC GENERAL FUND 40,000

BERWICK GOD'S MISSIONARY CHURCH

C/O MARYIANNE DEMAREE 1249 EAST 5TH
STREET
BERWICK,PA18603
  PC PASTOR'S VEHICLE 20,000

BROWN COUNTY HOLINESS CAMP

4928 OLD STATE ROAD 46
NASHVILLE,IN47448
  PC GENERAL FUND 5,000

CAMP GILEAD

23300 DIVAN ROAD
UTICA,OH43080
  PC GENERAL FUND 10,000

CENTRAL DISTRICT WESLEYAN HOLINESS ASSOCIATION OF CHURCHES

321 RIFFLE AVENUE
GREENVILLE,OH45331
  PC GENERAL FUND 8,000

CLERMONT WESLEYAN HOLINESS CHURCH

C/O ESTHER ROBBINS PO BOX 4
CHILO,OH45112
  PC SEPTEMBER 2023 TENT MEETING 1,000

CONMARGO CAMP ASSOCIATION INC

2903 E ST RT 132
NEW RICHMOND,OH45157
  PC GENERAL FUND 5,000

CONSERVATIVE HOLINESS BROADCASTING

2967 SMITHTON ROAD
SMITHBURG,WV26436
  PC ANNUAL SALARY 20,000

CONSERVATIVE HOLINESS BROADCASTING

2967 SMITHTON ROAD
SMITHBURG,WV26436
  PC BROADCASTING SERVICES 8,000

EBENEZER HOLINESS CAMP

642 N BRICKYARD ROAD
COLUMBIA,SC29223
  PC GENERAL FUND 15,000

ELIM GROVE CAMP MEETING

277 LIZARD CREEK RD
ANDREAS,PA18211
  PC GENERAL FUND 10,000

EVANGELICAL WESLEYAN BIBLE INSTITUTE INC

6605 E WAYNE ROAD
COOPERSTOWN,PA16317
  PC GENERAL FUND 6,000

EVANGELICAL WESLEYAN CHURCH

422 Q STREET
BEAVER CITY,NE689262633
  PC CHRISTMAS LOVE OFFERING 4,000

EVANGELICAL WESLEYAN CHURCH

422 Q STREET
BEAVER CITY,NE689262633
  PC GENERAL FUND 2,000

EVANGELICAL WESLEYAN CHURCH

422 Q STREET
BEAVER CITY,NE689262633
  PC MISSIONARY SUPPORT 8,000

EVANGELISM MISSION

8220 ROUTE 522 PO BOX 41
MIDDLEBURG,PA17842
  PC MOTORHOME PRINCIPAL 10,000

EVANGELISM MISSION

8220 ROUTE 522 PO BOX 41
MIDDLEBURG,PA17842
  PC MISSIONARY SUPPORT 30,000

EVANGELISTIC FAITH MISSIONS

1502 I ST STE 100
BEDFORD,IN47421
  PC MISSIONARY SUPPORT 12,000

EVANGELISTIC FAITH MISSIONS

1502 I ST STE 100
BEDFORD,IN47421
  PC MISSIONARY SUPPORT 8,000

EVANGELISTIC FAITH MISSIONS

1502 I ST STE 100
BEDFORD,IN47421
  PC MEDICAL CENTER ROOF 100,000

EVANGELISTIC FAITH MISSIONS

1502 I ST STE 100
BEDFORD,IN47421
  PC MISSIONARY SALARY DEFICITS 30,000

EVANGELISTIC FAITH MISSIONS

1502 I ST STE 100
BEDFORD,IN47421
  PC SAN LUIS CENTER BUILDING 100,000

FAITH COMMUNITY CHAPEL

345 FAITH CHAPEL ROAD
THOMASVILLE,NC27360
  PC MISSIONARY SUPPORT 12,000

FAITH HOLINESS CHAPEL

15618 PEACH ORCHARD ROAD
SILVER SPRINGS,MD20905
  PC MISSIONARY SUPPORT 14,000

FEA MINISTRIES

PO BOX 1065
HOBE SOUND,FL33475
  PC VEHICLE 4,000

FEA US SPANISH MINISTRIES

11305 SE GOMEZ AVENUE
HOBE SOUND,FL33455
  PC GENERAL FUND 7,000

FELLOWSHIP CAMP MEETING

87 MEMORY LANE
MIDDLEBURG,PA17842
  PC GENERAL FUND 6,000

FORT MYERS RESCUE MISSION

6900 MISSION LANE
FORT MYERS,FL339164858
  PC GENERAL FUND 34,000

GOSPEL LIGHTHOUSE MISSION

263 KINGS WAY DR APT 5
LIBERTY,SC29657
  PC GENERAL FUND 8,000

GRACE HOLINESS CHURCH

127 PORTER CROSS RD
HARKERS ISLAND,NC28531
  PC BUILDING FUND - DINING HALL AND EVANGELIST HOUSING 100,000

HILLSDALE COLLEGE

33 E COLLEGE STREET
HILLSDALE,MI49242
  PC GENERAL FUND 2,000

HOBE SOUND BIBLE COLLEGE

11298 SE GOMEZ AVENUE
HOBE SOUND,FL33455
  PC CAMPUS PROJECTS 300,000

HOPE CENTER MINISTRIES

307 GATOR DRIVE
GOLDSBORO,NC27530
  PC GENERAL FUND 20,000

HOPE INTERNATIONAL MISSIONS

11305 SE GOMEZ AVENUE
HOBE SOUND,FL33455
  PC ANGEL HOUSE 40,000

HOPE INTERNATIONAL MISSIONS

11305 SE GOMEZ AVENUE
HOBE SOUND,FL33455
  PC MISSIONARY SUPPORT 6,700

HOPE INTERNATIONAL MISSIONS

11305 SE GOMEZ AVENUE
HOBE SOUND,FL33455
  PC MISSIONARY SUPPORT 9,000

HOPE INTERNATIONAL MISSIONS

11305 SE GOMEZ AVENUE
HOBE SOUND,FL33455
  PC GENERAL FUND 20,000

HOPE INTERNATIONAL MISSIONS

11305 SE GOMEZ AVENUE
HOBE SOUND,FL33455
  PC GOSPEL PUBLISHING 7,000

HOPE INTERNATIONAL MISSIONS

11305 SE GOMEZ AVENUE
HOBE SOUND,FL33455
  PC ORPHAN FUND 18,000

HOPE INTERNATIONAL MISSIONS

11305 SE GOMEZ AVENUE
HOBE SOUND,FL33455
  PC MISSIONARY SUPPORT 10,000

HOPE INTERNATIONAL MISSIONS

11305 SE GOMEZ AVENUE
HOBE SOUND,FL33455
  PC LOCAL ROMANIAN PROJECTS 10,000

HOPE INTERNATIONAL MISSIONS

11305 SE GOMEZ AVENUE
HOBE SOUND,FL33455
  PC MISSIONARY SUPPORT 20,000

HOPE INTERNATIONAL MISSIONS

11305 SE GOMEZ AVENUE
HOBE SOUND,FL33455
  PC UKRANIAN RELIEF 40,000

HOPE INTERNATIONAL MISSIONS

11305 SE GOMEZ AVENUE
HOBE SOUND,FL33455
  PC US HISPANIC WORK 6,000

IHC

18931 ROUTE 522
BEAVER SPRINGS,PA17812
  PC 2023 CONVENTION BIBLE COLLEGES OFFERING 20,000

IHC

18931 ROUTE 522
BEAVER SPRINGS,PA17812
  PC GENERAL FUND (INCLUDES RENT FOR THE WESLEY CENTER) 122,000

IHC

18931 ROUTE 522
BEAVER SPRINGS,PA17812
  PC LOCAL IHC'S 50,000

IHC

18931 ROUTE 522
BEAVER SPRINGS,PA17812
  PC NEW ONLINE MEDIA EFFORT AT THE WESLEY CENTER 200,000

IHC

18931 ROUTE 522
BEAVER SPRINGS,PA17812
  PC SALARY SUBSIDIES (INCLUDES PAYROLL LIABILITIES) 128,000

INDIANA WESLEYAN SCHOOL

18215 ROUTE 403 HWY N
DIXONVILLE,PA15734
  PC GENERAL FUND 20,000

INTERNATIONAL CONSERVATIVE HOLINESS ASSOCIATION

PO BOX 345
OSSIAN,IN46777
  PC 2023 CAMPMEETING 20,000

INTERNATIONAL CONSERVATIVE HOLINESS ASSOCIATION

PO BOX 345
OSSIAN,IN46777
  PC DORMITORY MATCHING FUND 100,000

INTERNATIONAL CONSERVATIVE HOLINESS ASSOCIATION

PO BOX 345
OSSIAN,IN46777
  PC DORMITORY RENOVATION 100,000

KWASIZABANTU TULSA MISSION FOUNDATION

20385 W 51ST ST S
SAND SPRINGS,OK74063
  PC BUILDING/EQUIPPING KITCHEN FOR MISSION IN MALAWI 30,000

KWASIZABANTU TULSA MISSION FOUNDATION

20385 W 51ST ST S
SAND SPRINGS,OK74063
  PC DIGGING WELLS FOR MISSION IN MALAWI 30,000

MILLMONT GOD'S MISSIONARY CHURCH

14495 OLD TURNPIKE RD
MILLMONT,PA17845
  PC MISSION TRIP TO AFRICA 2023 200

MISSION WINGS INTERNATIONAL INC

12430 GREEN BEAVER ROAD
SALEM,OH44460
  PC REPAIR OF CESSNA C206P AIRPLANE 25,000

MT ZION BIBLE SCHOOL

RR 1 BOX 48
AVA,MO65608
  PC GENERAL FUND 40,000

NEW BETHLEHEM WESLEYAN ACADEMY

9296 CURLISVILLE ROAD
NEW BETHLEHEM,PA16242
  PC GENERAL FUND 20,000

NEW DESTINY TREATMENT CENTER

6694 TAYLOR ROAD
CLINTON,OH44216
  PC NEW CHAPEL 500,000

NEW FRANKLIN CHRISTIAN ACADEMY

16310 LISBON STREET SE
MINERVA,OH44657
  PC GENERAL FUND 20,000

PENIEL HOLINESS CAMP ASSOCIATION

C/O TIM FERGUSON 5466 KNAUSS RD
SYCAMORE,OH44882
  PC GENERAL FUND 15,000

PENN VIEW BIBLE INSTITUTE

125 PENN VIEW DRIVE
PENNS CREEK,PA17862
  PC PRESIDENT'S HOUSE BUILDING FUND 100,000

PENN VIEW BIBLE INSTITUTE

125 PENN VIEW DRIVE
PENNS CREEK,PA17862
  PC REMODELING PROJECTS 65,000

PENN VIEW BIBLE INSTITUTE

125 PENN VIEW DRIVE
PENNS CREEK,PA17862
  PC STUDENT LIFE CENTER LOAN 150,000

PILGRIM HOLINESS CHURCH OF NEW YORK INC

32 CADILLAC AVE
ALBANY,NY12205
  PC MISSIONARY SUPPORT 20,000

PILGRIM HOLINESS CHURCH OF NEW YORK INC

32 CADILLAC AVE
ALBANY,NY12205
  PC MISSIONARY SUPPORT 10,000

PILGRIM TRACT SOCIETY

105 W DEPOT STREETPO BOX 126
RANDLEMAN,NC27317
  PC GENERAL FUND 5,000

PINE RIDGE CAMP

411 RIDGEWOOD ROAD
SHIPPENVILLE,PA16254
  PC GENERAL FUND 4,000

PINE RIDGE CAMP

411 RIDGEWOOD ROAD
SHIPPENVILLE,PA16254
  PC PROJECT 4,000

PORT MATILDA CAMP

155 CHURCH ROAD
HOWARD,PA16841
  PC COOK'S HOUSING 25,000

SALEM WESLEYAN METHODIST CHURCH

32718 STATE ROUTE 30
HANOVERTON,OH44423
  PC TO PAY OFF STUDENT LOANS 9,000

SALEM WESLEYAN METHODIST CHURCH

32718 STATE ROUTE 30
HANOVERTON,OH44423
  PC TO PAY OFF STUDENT LOANS 7,000

SALEM WESLEYAN METHODIST CHURCH

32718 STATE ROUTE 30
HANOVERTON,OH44423
  PC TEACHER BONUSES 10,000

SALISBURY BIBLE METHODIST CAMP

165 BEULAH LANE
SALISBURY,NC28146
  PC GENERAL FUND 100,000

SALISBURY CHRISTIAN SCHOOL

225 MAJESTIC DRIVE
SALISBURY,NC28146
  PC GENERAL FUND 45,000

SOCIETY OF INDIAN MISSIONS

421 EAST TODD STREETBOX 1348
MISSION,SD57555
  PC GENERAL FUNDS AND PROJECTS 50,000

SOCIETY OF INDIAN MISSIONS

421 EAST TODD STREETBOX 1348
MISSION,SD57555
  PC MISSIONARY SUPPORT 10,000

STONEBORO WESLEYAN METHODIST CAMP MEETING ASSOCIATION

C/O DAVID LARGE 4325 WOODSDALE AVE
SE LOT 2
MINERVA,OH446578561
  PC COTTAGE 10,000

STONEBORO WESLEYAN METHODIST CAMP MEETING ASSOCIATION

C/O DAVID LARGE 4325 WOODSDALE AVE
SE LOT 2
MINERVA,OH446578561
  PC GENERAL FUND 20,000

STONEBORO WESLEYAN METHODIST CAMP MEETING ASSOCIATION

C/O DAVID LARGE 4325 WOODSDALE AVE
SE LOT 2
MINERVA,OH446578561
  PC PAVING 60,000

STONEBORO WESLEYAN METHODIST CAMP MEETING ASSOCIATION

C/O DAVID LARGE 4325 WOODSDALE AVE
SE LOT 2
MINERVA,OH446578561
  PC RV PARK 150,000

STONEBORO WESLEYAN SCHOOL

947 FREDONIA ROAD
STONEBORO,PA16153
  PC GENERAL FUND 20,000

TENNESSEE BIBLE METHODIST CAMP

1216 STILLWELL DRIVE
KNOXVILLE,TN37912
  PC GENERAL FUND 10,000

TIOGA WESLEYAN METHODIST CHURCH

1510 SHERWOOD ROAD
PINEVILLE,LA71360
  PC YOUTH MINISTRY 10,000

UNION BIBLE COLLEGE

434 SOUTH UNION STREET
WESTFIELD,IN46074
  PC DEBT REDUCTION GIFT 55,000

WINSTON-SALEM RESCUE MISSION

PO BOX 595
WINSTON SALEM,NC271020595
  PC THANKSGIVING FUND 4,000

YOUTH 4 CHRIST

40544 154TH ST E
LANCASTER,CA93535
  PC DORMITORY 14,000

YOUTH 4 CHRIST

40544 154TH ST E
LANCASTER,CA93535
  PC YOUTH CONVENTION 11,000
Total .................................right arrow 3a 5,678,435
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
         
4 Dividends and interest from securities ....     14 1,456,128  
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 .....     14 2,886,758  
8 Gain or (loss) from sales of assets other than
inventory ............
    18 -1,625,535  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aORDINARY INCOME FROM LLC K-1 - KAUFMAN TRAILERS, LLC
336210 736,829      
bORDINARY INCOME FROM LLC K-1 - INDUSTRIAL MATERIAL SUPPLY, LLC 336210 1,382,433      
cORDINARY INCOME FROM LLC K-1 - AMERICAN CARGO GROUP TRAILERS, LLC 339900 -500,184      
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 1,619,078 2,717,351 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,336,429
(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:  


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 ROBB AND VEDA KAUFMAN HOLINESS
ADVANCEMENT FOUNDATION
Employer identification number

88-3671200
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 ROBB AND VEDA KAUFMAN HOLINESS
ADVANCEMENT FOUNDATION
Employer identification number
88-3671200
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
TRAILER MARKETING HOLDINGS INC
 
PO BOX 12000
 
DENTON, NC27239

$ 183,750


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
INDUSTRIAL PERFORMANCE GROUP HOLDINGS INC
 
PO BOX 12000
 
DENTON, NC27239

$ 2,816,250


(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 ROBB AND VEDA KAUFMAN HOLINESS
ADVANCEMENT FOUNDATION
Employer identification number

88-3671200
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 ROBB AND VEDA KAUFMAN HOLINESS
ADVANCEMENT FOUNDATION
Employer identification number

88-3671200
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:
THE ROBB AND VEDA KAUFMAN HOLINESS
 
ADVANCEMENT FOUNDATION
EIN:
88-3671200
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 25,580 0   0

TY 2023 ExplnOfNonFilingWithAGStmt
Name:
THE ROBB AND VEDA KAUFMAN HOLINESS
 
ADVANCEMENT FOUNDATION
EIN:
88-3671200
Statement:
NO STATE FILING REQUIREMENT IN PART VI-A LINE 8A

TY 2023 InvestmentsCorpStockSchedule
Name:
THE ROBB AND VEDA KAUFMAN HOLINESS
 
ADVANCEMENT FOUNDATION
EIN:
88-3671200
Name of Stock End of Year Book Value End of Year Fair Market Value
TRUIST INVESTMENT ACCOUNT - #119995 - EQUITIES 7,255,556 8,680,405
TRUIST INVESTMENT ACCOUNT - #173617 - EQUITIES 1,003,449 1,139,536
EDWARD JONES INVESTMENT ACCOUNT - #25-1-9 - EQUITIES 4,645,467 6,910,220

TY 2023 InvestmentsGovtObligationsSch
Name:
THE ROBB AND VEDA KAUFMAN HOLINESS
 
ADVANCEMENT FOUNDATION
EIN:
88-3671200
US Government Securities - End of Year Book Value:

14,632,769
US Government Securities - End of Year Fair Market Value:

14,863,429
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
THE ROBB AND VEDA KAUFMAN HOLINESS
 
ADVANCEMENT FOUNDATION
EIN:
88-3671200
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
TRUIST INVESTMENT ACCOUNT - #119995 - FIXED INCOME - CD AT COST 750,000 749,548
TRUIST INVESTMENT ACCOUNT - #119995 - EXCHANGE TRADED PRODUCTS AT COST 1,437,926 1,676,150
EDWARD JONES INVESTMENT ACCOUNT - #25-1-9 - EXCHANGE TRADED FUNDS AT COST 1,011,920 1,451,271

TY 2023 OtherAssetsSchedule
Name:
THE ROBB AND VEDA KAUFMAN HOLINESS
 
ADVANCEMENT FOUNDATION
EIN:
88-3671200
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
25% OWNERSHIP INTEREST IN AMERICAN CARGO GROUP TRAILERS, LLC 30,000,000 0 0
TRUIST INVESTMENT ACCOUNT #119995 - DIVIDENDS RECEIVABLE 63,632 23,978 23,978
TRUIST INVESTMENT ACCOUNT #119995 - INTEREST RECEIVABLE 0 61,720 61,720
OTHER TRUIST INVESTMENT ACCOUNT - #119995   219,797 188,000


TY 2023 OtherDecreasesSchedule
Name:
THE ROBB AND VEDA KAUFMAN HOLINESS
 
ADVANCEMENT FOUNDATION
EIN:
88-3671200
Description Amount
UNDER-ACCRUAL OF PRIOR YEAR FEDERAL TAX 953,932


TY 2023 OtherExpensesSchedule
Name:
THE ROBB AND VEDA KAUFMAN HOLINESS
 
ADVANCEMENT FOUNDATION
EIN:
88-3671200
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDEPENDENT CONTRACTORS 45,000 0   0
OFFICE EXPENSES 2,871 0   0


TY 2023 OtherIncomeSchedule2
Name:
THE ROBB AND VEDA KAUFMAN HOLINESS
 
ADVANCEMENT FOUNDATION
EIN:
88-3671200
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INTEREST INCOME EARNED ON LOAN 2,886,758 2,886,758 2,886,758
ORDINARY INCOME FROM LLC K-1 - KAUFMAN TRAILERS, LLC 736,829   736,829
ORDINARY INCOME FROM LLC K-1 - INDUSTRIAL MATERIAL SUPPLY, LLC 1,382,433   1,382,433
ORDINARY INCOME FROM LLC K-1 - AMERICAN CARGO GROUP TRAILERS, LLC -500,184   -500,184


TY 2023 OtherProfessionalFeesSchedule
Name:
THE ROBB AND VEDA KAUFMAN HOLINESS
 
ADVANCEMENT FOUNDATION
EIN:
88-3671200
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ACCOUNT FEES 149,274 149,274   0


TY 2023 TaxesSchedule
Name:
THE ROBB AND VEDA KAUFMAN HOLINESS
 
ADVANCEMENT FOUNDATION
EIN:
88-3671200
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID ON INVESTMENT INCOME 371 371   0
STATE INCOME TAX EXPENSE 72,862 72,862   0
FEDERAL INCOME TAX EXPENSE 696,836 0   0