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
OTTUMWA REGIONAL LEGACY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)111 E MAIN ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OTTUMWA, IA52501
A Employer identification number

42-0681060
B Telephone number (see instructions)

(641) 455-5260
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$70,085,992J 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) 110,889
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 865,758 941,694  
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
502,380
b Gross sales price for all assets on line 6a 12,766,970
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 7,213
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule)..... 7,213  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
102,657 7,313  
12 Total. Add lines 1 through 11........ 1,588,897 949,007  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 387,276 58,091   329,185
14 Other employee salaries and wages...... 275,625 0   360,338
15 Pension plans, employee benefits....... 199,869 0   199,869
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
7,372 0   7,372
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
37,149 0   37,149
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
822,545 188,191   634,354
17 Interest............... 12,630 0   12,630
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
52,651 6,193   52,651
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
104,873 0  
20 Occupancy.............. 36,518 0   36,518
21 Travel, conferences, and meetings....... 61,662 0   61,662
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
385,886 146,311   183,636
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,384,056 398,786   1,915,364
25 Contributions, gifts, grants paid....... 819,797 819,797
26 Total expenses and disbursements. Add lines 24 and 25 3,203,853 398,786   2,735,161
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,614,956
b Net investment income (if negative, enter -0-) 550,221
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............. 164,719 71,680 71,680
2 Savings and temporary cash investments......... 2,291,648 693,566 693,566
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 arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 58,433 30,677 30,677
10a Investments—U.S. and state government obligations (attach schedule) 3,603,315 Click to see attachment
List of Attached Documents:
// Content
3,666,263 		3,666,263
b Investments—corporate stock (attach schedule)....... 8,196,574 Click to see attachment
List of Attached Documents:
// Content
8,439,913 		8,439,913
c Investments—corporate bonds (attach schedule)....... 2,811,893 Click to see attachment
List of Attached Documents:
// Content
4,136,831 		4,136,831
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).......... 45,197,871 Click to see attachment
List of Attached Documents:
// Content
51,314,508 		51,314,508
14 Land, buildings, and equipment: basis right arrow2,072,492
Less: accumulated depreciation (attach schedule) right arrow871,124 1,298,984 Click to see attachment
List of Attached Documents:
// Content
1,201,368 		1,201,368
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
555,039 		Click to see attachment
List of Attached Documents:
// Content
531,186 		Click to see attachment
List of Attached Documents:
// Content
531,186
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 64,178,476 70,085,992 70,085,992
Liabilities 17 Accounts payable and accrued expenses.......... 189,484 389,538
18 Grants payable................. 398,945 219,575
19 Deferred revenue................. 18,616 6,855
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
97,000 		Click to see attachment
List of Attached Documents:
// Content
15,700
23 Total liabilities (add lines 17 through 22)......... 704,045 631,668
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........... 57,425,031 62,749,079
25 Net assets with donor restrictions............ 6,049,400 6,705,245
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)..... 63,474,431 69,454,324
30 Total liabilities and net assets/fund balances (see instructions). 64,178,476 70,085,992
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
63,474,431
2
Enter amount from Part I, line 27a .....................
2
-1,614,956
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
8,465,967
4
Add lines 1, 2, and 3 ..........................
4
70,325,442
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
871,118
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
69,454,324
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 CANYON LAUUREL - FROM SCH K-1 P 2022-01-01 2023-12-31
b PUBLICLY TRADED SECURITIES   2022-01-01 2023-12-31
c PUBLICLY TRADED SECURITIES   2023-01-01 2023-12-31
d BAXTER - FROM SCH K-1 P 2022-01-01 2023-12-31
e BAXTER - FROM SCH K-1 P 2023-01-01 2023-12-31
RC IV - FROM SCH K-1 P 2023-01-01 2023-12-31
CENDANA - FROM SCH K-1 P 2022-01-01 2023-12-31
RC IV - FROM SCH K-1 P 2022-01-01 2023-12-31
CENDANA - FROM SCH K-1 P 2023-01-01 2023-12-31
312 ALTA VISTA - FINAL K-1 P 2022-01-01 2023-12-31
(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 7,250     7,250
b 7,764,383   7,333,240 431,143
c 4,792,587   4,730,997 61,590
d 3,823     3,823
e     56,443 -56,443
275     275
    14,004 -14,004
6,625     6,625
425     425
    3,485,851 -3,485,851
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       7,250
b       431,143
c       61,590
d       3,823
e       -56,443
      275
      -14,004
      6,625
      425
      -3,485,851
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 -3,045,167
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 7,648
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 7,648
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 7,648
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 10,807
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 30,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,807
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 0
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 33,159
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow8,000 Refundedright arrow 11 25,159
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 arrowIA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.OTTUMWALEGACY.ORG
14
The books are in care ofright arrowMIKE SPIELER Telephone no.right arrow (641) 455-5260

Located atright arrow111 EAST MAIN STREETOTTUMWAIA ZIP+4right arrow52501
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
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)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
HIMAR HERNANDEZ CHAIR
1.00 		0 0 0
111 EAST MAIN STREET
OTTUMWA,IA52501
JILL BUDDE VICE CHAIR
1.00 		0 0 0
111 EAST MAIN STREET
OTTUMWA,IA52501
BRIAN MCWILLIAMS TREASURER
1.00 		0 0 0
111 EAST MAIN STREET
OTTUMWA,IA52501
NATALIE BOLIN PAST CHAIR
1.00 		0 0 0
111 EAST MAIN STREET
OTTUMWA,IA52501
TAREN FERGUSON DIRECTOR
1.00 		0 0 0
111 EAST MAIN STREET
OTTUMWA,IA52501
JESSICA MCCULLEN DIRECTOR
1.00 		0 0 0
111 EAST MAIN STREET
OTTUMWA,IA52501
SANDRA HENDRED DIRECTOR
1.00 		0 0 0
111 EAST MAIN STREET
OTTUMWA,IA52501
JEAN DELL DIRECTOR
1.00 		0 0 0
111 EAST MAIN STREET
OTTUMWA,IA52501
DAVID BRADFORD DIRECTOR
1.00 		0 0 0
111 EAST MAIN STREET
OTTUMWA,IA52501
MARK CLARK DIRECTOR
1.00 		0 0 0
111 EAST MAIN STREET
OTTUMWA,IA52501
RUSS SPORER DIRECTOR
1.00 		0 0 0
111 EAST MAIN STREET
OTTUMWA,IA52501
ASHLEY NOREUIL DIRECTOR
1.00 		0 0 0
111 EAST MAIN STREET
OTTUMWA,IA52501
MIKE SPIELER VP OF FINANCE
40.00 		162,757 9,747 0
111 EAST MAIN STREET
OTTUMWA,IA52501
KELLY GENNERS PRESIDENT/CEO
40.00 		224,519 12,785 0
111 EAST MAIN STREET
OTTUMWA,IA52501
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
HOLLIE TOMETICH EXEC. DIRECTOR OTTUM
40.00 		105,432 6,320 0
111 EAST MAIN STREET
OTTUMWA,IA52501
AMY NOSSAMAN GRANTS PROGRAM MANAG
40.00 		76,634 4,590 0
111 EAST MAIN STREET
OTTUMWA,IA52501
ANDY MAW NEWCOMER RELATIONS C
40.00 		72,049 4,321 0
111 EAST MAIN STREET
OTTUMWA,IA52501
MEGAN YEAGER COMMUNICATIONS SPECI
40.00 		51,058 3,063 0
111 EAST MAIN STREET
OTTUMWA,IA52501
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
RG CONSTRUCTION CONSTRUCTION 814,983
215 EAST 4TH STREET
OTTUMWA,IA52501
DESIGN WORKSHOP INC ARCHITECT SERVICES 340,600
1390 LAWRENCE ST STE 100
DENVER,CO80204
GENUS LANDSCAPE ARCHITECTS ARCHITECT SERVICES 128,781
520 42ND ST STE 400
DES MOINES,IA50312
STIFEL NICOLAUS & COMPANY INVESTMENT MANAGEMENT 113,835
501 N BROADWAY
ST LOUIS,MO63102
P&M MOWING LLC LANDSCAPING SERVICES 72,203
17494 BLUEFRASS ROAD
OTTUMWA,IA52501
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 REVITALIZATION - DOWNTOWN IS A SYMBOL OF THE HISTORIC HEART OF THE CITY. WE ARE WORKING TO REVITALIZE DOWNTOWN OTTUMWA AND THE SURROUNDING AREAS TO MAKE IT AN ATTRACTIVE PLACE TO LIVE AND WORK. OUR CURRENT PROJECTS FALL UNDER 4 THEMES: RECLAIMING MAIN STREET, RIVERFRONT RENAISSANCE, OTTUMWA SPORTS CAMPUS & EXTENDING CENTRAL PARK TO THE RIVER. 571,247
2 LEADERSHIP ACADEMY - TO CARRY OUT OUR INITIATIVES WE NEED SUPPORTIVE LEADERSHIP AT ALL LEVELS. WE HAVE ESTABLISHED THE OTTUMWA LEADERSHIP ACADEMY WHICH IS A 10 MONTH PROGRAM THAT STRIVES TO EDUCATE, EMPOWER, ENCOURAGE AND ENGAGE FUTURE LEADERS TO CREATE POSITIVE CHANGE IN OUR COMMUNITY, GOVERNMENT AND BUSINESSES. 232,208
3 NEWCOMER RELATIONS: THIS PROGRAM HOSTS A SERIES OF FREE, INTERACTIVE SESSIONS DESIGNED TO CONNECT NEWCOMERS TO THE ATTRIBUTES AND AMENITIES OF THE COMMUNITY OF OTTUMWA. BUSINESSES ARE PROVIDED ASSISTANCE WITH THEIR RECRUITMENT OF STAFF BY OFFERING COMMUNITY TOURS FOR NEW APPLICANTS. 161,932
4 OTHER CHARITABLE ACTIVITIES: HOUSING: THE LEGACY FOUNDATION HAS BEEN A KEY PARTNER WITH SEVERAL ORGANIZATIONS IN THE COMMUNITY IN CONDUCTING VARIOUS HOUSING STUDIES AND EXPLORING OPPORTUNITIES FOR ADDITIONAL HOUSING IN THE OTTUMWA AREA.THEATRE: THE LEGACY FOUNDATION IS WORKING WITH THE COMMUNITY TO REHABILITATE TWO LOCAL THEATRE BUILDINGS.BOOKIN INNOVATION CENTER: THE LEGACY FOUNDATION HELPED TO RENOVATE A SPACE TO SERVE AS AN AREA TO NETWORK AND COLLABORATE WITH OTHER AREA NONPROFITS. 280,612
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
64,215,141
b
Average of monthly cash balances.......................
1b
1,908,719
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
66,123,860
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
66,123,860
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
991,858
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
65,132,002
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,256,600
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
3,256,600
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
7,648
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
7,648
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,248,952
4
Recoveries of amounts treated as qualifying distributions................
4
14,272
5
Add lines 3 and 4............................
5
3,263,224
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
3,263,224
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
2,735,161
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
1,045,723
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
3,780,884
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 3,263,224
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 1,256,859
b From 2019...... 1,483,530
c From 2020...... 746,051
d From 2021......  
e From 2022...... 74,758
f Total of lines 3a through e ........ 3,561,198
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 3,780,884
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		Click to see attachment
List of Attached Documents:
// Content
52,417
d Applied to 2023 distributable amount..... 3,263,224
e Remaining amount distributed out of corpus 465,243
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 4,078,858
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		52,417
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		1,204,442
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		2,821,999
10 Analysis of line 9:
a Excess from 2019.... 1,483,530
b Excess from 2020.... 746,051
c Excess from 2021....  
d Excess from 2022.... 74,758
e Excess from 2023.... 517,660
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
AMY NOSSAMAN
111 E MAIN STREET
OTTUMWA,IA52501
(641) 455-5260
ANOSSAMAN@OTTUMWALEGACY.ORG
bThe form in which applications should be submitted and information and materials they should include:
THE FOUNDATION USES AN ONLINE GRANT APPLICATION PROCESS. REQUIRED INFORMATION INCLUDES THE FOLLOWING: - A SUMMARY OF THE PROJECT - GEOGRAPHIC AREA TO BE SERVED - DEMOGRAPHICS OF THOSE TO BE SERVED (GENDER, AGE, ETHNICITIES, ETC.) - GOALS OF THE PROJECT/INITIATIVE - PLANS TO ACCOMPLISH PROJECT GOALS - A DESCRIPTION OF THE WAYS IN WHICH THE PROJECT WILL IMPROVE THE LIVES OF THE COMMUNITY RESIDENTS - A DESCRIPTION OF THE WAYS IN WHICH THE PROJECT WILL ADDRESS COMMUNITY NEEDS - TIMETABLE FOR IMPLEMENTATION - STRATEGY FOR PROJECT SUSTAINABILITY - STRATEGIC PARTNERS - EVALUATION PLANS - USE OF EVALUATION RESULTS - ANTICIPATED MEASURABLE OUTCOMES - WHETHER PROJECT COSTS WERE BID COMPETITIVELY - WHETHER THE PROJECT SUPPORTS OTHER LOCAL BUSINESSES - PROJECT BUDGET - IRS FORM 990, IRS TAX EXEMPT DETERMINATION LETTER, AUDITED FINANCIAL STATEMENTS, LETTER FROM BOARD CHAIR, IF APPLICABLE. - OTHER PERTINENT DOCUMENTS MAY ALSO BE REQUIRED
cAny submission deadlines:
APPLICATIONS ARE ACCEPTED 3 TIMES PER YEAR. SUBMISSION DEADLINES ARE AVAILABLE ONLINE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GEOGRAPHICAL AREA SERVED IS THE CITY OF OTTUMWA AND WAPELLO COUNTY.
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN HOME FINDING ASSOCIATION

217 E 5TH ST
OTTUMWA,IA52501 		  PC WINDOWS FOR AMERICAN HOME FINDING ASSOCIATION'S AGENCY SHELTER 30,000

AMERICAN HOME FINDING ASSOCIATION

217 E 5TH ST
OTTUMWA,IA52501 		  PC AMERICAN HOME FINDING ASSOCIATION'S AGENCY SHELTER AND CORINTHIANS HOUSE RECREATION CENTER 30,000

AMERICAN HOME FINDING ASSOCIATION

217 E 5TH ST
OTTUMWA,IA52501 		  PC TRUTHOUGHT CURRICULUM FOR AGENCY SHELTER & CORINTHIANS HOUSE 2,500

BIO GIRLS INC

4225 38TH STREET S STE 101
FARGO,ND58104 		  PC BIO GIRLS - OTTUMWA, IA - 2024 3,000

BRIDGE VIEW CENTER INC

102 CHURCH ST
OTTUMWA,IA52501 		  PC BVC - HARMONY PARK SUNSHADE 10,000

CAMP INVENTION OTTUMWA

NATIONAL INVENTORS HALL OF FAME
3701 HIGHLAND PARK NW
NORTH CANTON,OH44720 		  GOV CAMP INVENTION: K-6 SUMMER ENRICHMENT PROGRAM FOR WAPELLO COUNTY CHILDREN 6,500

CARDINAL COMMUNITY SCHOOL DISTRICT

4045 ASHLAND RD
ELDON,IA52554 		  GOV CARDINAL PRESCHOOL LEVELS UP LITERACY & STEM 1,500

CARDINAL COMMUNITY SCHOOL DISTRICT

4045 ASHLAND RD
ELDON,IA52554 		  GOV CARDINAL IJAG SPECIALIST 11,250

CARDINAL COMMUNITY SCHOOL DISTRICT-TEACHER MINI GRANTS

4045 ASHLAND RD
ELDON,IA52554 		  GOV ART PROJECTS IN PRE-K TO 6TH GRADE 500

CARDINAL COMMUNITY SCHOOL DISTRICT-TEACHER MINI GRANTS

4045 ASHLAND RD
ELDON,IA52554 		  GOV ELEVATE IN NASHVILLE 1,778

CARDINAL COMMUNITY SCHOOL DISTRICT-TEACHER MINI GRANTS

4045 ASHLAND RD
ELDON,IA52554 		  GOV COUNSELING SUCCESSFULLY 750

CARDINAL COMMUNITY SCHOOL DISTRICT-TEACHER MINI GRANTS

4045 ASHLAND RD
ELDON,IA52554 		  GOV DRAMATIC PLAY 230

CARDINAL COMMUNITY SCHOOL DISTRICT-TEACHER MINI GRANTS

4045 ASHLAND RD
ELDON,IA52554 		  GOV INTERACTIVE NOTEBOOK FOR ILLUSTRATIVE MATHEMATICS 451

CARDINAL COMMUNITY SCHOOL DISTRICT-TEACHER MINI GRANTS

4045 ASHLAND RD
ELDON,IA52554 		  GOV PICKLE BALL 360

CARDINAL COMMUNITY SCHOOL DISTRICT-TEACHER MINI GRANTS

4045 ASHLAND RD
ELDON,IA52554 		  GOV SCIENCE LAB MATERIALS 420

CARDINAL COMMUNITY SCHOOL DISTRICT-TEACHER MINI GRANTS

4045 ASHLAND RD
ELDON,IA52554 		  GOV STEAM SCIENCE 550

CARDINAL COMMUNITY SCHOOL DISTRICT-TEACHER MINI GRANTS

4045 ASHLAND RD
ELDON,IA52554 		  GOV STEM SOFT START 135

CARDINAL COMMUNITY SCHOOL DISTRICT-TEACHER MINI GRANTS

4045 ASHLAND RD
ELDON,IA52554 		  GOV STOCK THE SHELVES 680

CARDINAL COMMUNITY SCHOOL DISTRICT-TEACHER MINI GRANTS

4045 ASHLAND RD
ELDON,IA52554 		  GOV SENSORY SAND TABLE 886

CITY OF OTTUMWA

201 N WAPELLO
OTTUMWA,IA52501 		  GOV 2023 INTERNATIONAL COUNCIL OF SHOPPING CENTERS RETAIL TRADE CONFERENCE 2,500

CITY OF OTTUMWA

201 N WAPELLO
OTTUMWA,IA52501 		  GOV RETAIL STRATEGIES 20,000

CITY OF OTTUMWA

201 N WAPELLO
OTTUMWA,IA52501 		  GOV WEST END IGNITED 29,264

ECUMENICAL LORD'S CUPBOARD

PO BOX 1876
OTTUMWA,IA52501 		  PC THE ECUMENICAL LORD'S CUPBOARD 5,000

EDDYVILLE BLAKESBURG FREMONT CSD-TEACHER MINI GRANTS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV 6TH GRADE CLASSROOM UPLIFT 600

EDDYVILLE BLAKESBURG FREMONT CSD-TEACHER MINI GRANTS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV BOOKS INSPIRE DREAMS 750

EDDYVILLE BLAKESBURG FREMONT CSD-TEACHER MINI GRANTS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV EVERYDAY 1ST GRADE NEEDS AND WANTS 375

EDDYVILLE BLAKESBURG FREMONT CSD-TEACHER MINI GRANTS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV FREE VOLUNTARY READING SPANISH 579

EDDYVILLE BLAKESBURG FREMONT CSD-TEACHER MINI GRANTS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV JUNIOR HIGH MATH 300

EDDYVILLE BLAKESBURG FREMONT CSD-TEACHER MINI GRANTS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV ONLINE CURRICULUM 750

EDDYVILLE BLAKESBURG FREMONT CSD-TEACHER MINI GRANTS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV BUILDING AND TRADES PROGRAM 750

EDDYVILLE BLAKESBURG FREMONT CSD-TEACHER MINI GRANTS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV CLASSROOM CHAMPIONS, LIBRARY UPDATE 377

EDDYVILLE BLAKESBURG FREMONT CSD-TEACHER MINI GRANTS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV EDDYVILLE ELEMENTARY 377

EDDYVILLE BLAKESBURG FREMONT CSD-TEACHER MINI GRANTS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV FIRST CHAPTER FRIDAY 750

EDDYVILLE BLAKESBURG FREMONT CSD-TEACHER MINI GRANTS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV GREENHOUSE LABEL PRINTER & LABELS 750

EDDYVILLE BLAKESBURG FREMONT CSD-TEACHER MINI GRANTS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV THE BOOGIE BOARD RE-WRITE MAX DRY-ERASE BOARD 720

EDDYVILLE BLAKESBURG FREMONT CSD-TEACHER MINI GRANTS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV THE READING FRENZY ASSEMBLY 750

ELDON UPTOWNDOWNTOWN

PO BOX 303
ELDON,IA52554 		  PC ELDON AVENUE OF FLAGS FLAG POLE REPLACEMENT 10,000

FIRST RESOURCES CORPORATION

102 S MAIN ST
SIGOURNEY,IA525911420 		  PC RESIDENTIAL TREATMENT RENOVATIONS 29,500

FOOD BANK OF IOWA

PO BOX 1517
DES MOINES,IA50305 		  PC DISTRIBUTION CENTER ADA RENOVATIONS TO IMPROVE ACCESSIBILITY AND EFFICIENCY 12,552

FOUR OAKS FAMILY AND CHILDREN'S SERVICES

5400 KIRKWOOD BLVD SW
CEDAR RAPIDS,IA52404 		  PC FOUR OAKS FAMILY VISIT HOUSE: CREATING A SAFE, NURTURING PLACE FOR FAMILIES TO SPEND TIME TOGETHER 10,410

GRACE FELLOWSHIP

13133 ANGLE RD STE A
OTTUMWA,IA52501 		  PC GRACE GARDEN 9,000

GREATER OTTUMWA CONVENTION AND VISITORS BUREAU INC

102 CHURCH ST
OTTUMWA,IA52501 		  NC MEET OTTUMWA WEBSITE ENHANCEMENTS - GOOGLE PLACES AND INTERACTIVE MAP 3,500

GREATER OTTUMWA DEVELOPMENT FOUNDATION

217 E MAIN ST
OTTUMWA,IA52501 		  PC ALTA VISTA LAND ACQUISITION 11,250

GREATER OTTUMWA PARTNERS IN PROGRESS

217 E MAIN ST
OTTUMWA,IA52501 		  NC 2023 GENERAL OPERATING GRANT 20,000

GREATER OTTUMWA PARTNERS IN PROGRESS

217 E MAIN ST
OTTUMWA,IA52501 		  NC RIVERFRONT DEVELOPMENT 19,644

GREATER OTTUMWA VOCAL ARTS PROJECT INC

217 E MAIN ST
OTTUMWA,IA52501 		  PC BI-LINGUAL PRODUCTION (SPANISH/ENGLISH) OF "DON QUIXOTE" FOR CHILDREN 9,150

HEARTLAND HUMANE SOCIETY LTD

PO BOX 1149
OTTUMWA,IA52501 		  PC BUILDING A NEW ANIMAL SHELTER FOR WAPELLO COUNTY 30,000

IOWA JOBS FOR AMERICAS GRADUATES (IJAG) INC

111 9TH ST
DES MOINES,IA50314 		  PC IJAG OTTUMWA LEADS! 1,000

IOWA LEGAL AID

112 E 3RD ST
OTTUMWA,IA52501 		  PC WAPELLO COUNTY HOUSING STABILITY PROJECT 30,000

MIDWEST LITTLE LEAGUE DBA OTTUMWA LITTLE LEAGUE

PO BOX 632
OTTUMWA,IA52501 		  PC IMPROVEMENT OF GROUNDS 30,000

OTTUMWA AREA ARTS COUNCIL

102 CHURCH ST
OTTUMWA,IA52501 		  PC EXPANDING PUBLIC ART MURAL OPPORTUNITIES IN OTTUMWA 8,000

OTTUMWA AREA ARTS COUNCIL

102 CHURCH ST
OTTUMWA,IA52501 		  PC WEST END IGNITED MURAL 1,464

OTTUMWA COMMUNITY CHILDREN'S PLAYHOUSE

PO BOX 1675
OTTUMWA,IA52501 		  PC MICROPHONE PURCHASES 6,840

OTTUMWA COMMUNITY CHILDREN'S PLAYHOUSE

PO BOX 1675
OTTUMWA,IA52501 		  PC SPRING FLING DANCE FOR K-5TH GRADE 800

OTTUMWA COMMUNITY SCHOOL DISTRICT - TEACHER MINI GRANTS

608 WILLIAMS ST
OTTUMWA,IA52501 		  GOV 3RD GRADE ENRICHMENT FIELD TRIPS 750

OTTUMWA COMMUNITY SCHOOL DISTRICT - TEACHER MINI GRANTS

608 WILLIAMS ST
OTTUMWA,IA52501 		  GOV AQUACULTURE 505

OTTUMWA COMMUNITY SCHOOL DISTRICT - TEACHER MINI GRANTS

608 WILLIAMS ST
OTTUMWA,IA52501 		  GOV DALLAS BRASS AND THE OTTUMWA HIGH SCHOOL BAND 750

OTTUMWA COMMUNITY SCHOOL DISTRICT - TEACHER MINI GRANTS

608 WILLIAMS ST
OTTUMWA,IA52501 		  GOV ESL CLASSROOM RESOURCES 575

OTTUMWA COMMUNITY SCHOOL DISTRICT - TEACHER MINI GRANTS

608 WILLIAMS ST
OTTUMWA,IA52501 		  GOV MYSTERY SCIENCE UNIT KITS 430

OTTUMWA COMMUNITY SCHOOL DISTRICT - TEACHER MINI GRANTS

608 WILLIAMS ST
OTTUMWA,IA52501 		  GOV OPERATION CLASSROOM ENGAGEMENT 450

OTTUMWA COMMUNITY SCHOOL DISTRICT - TEACHER MINI GRANTS

608 WILLIAMS ST
OTTUMWA,IA52501 		  GOV POD CASTING LITERATURE DISCUSSIONS 750

OTTUMWA COMMUNITY SCHOOL DISTRICT - TEACHER MINI GRANTS

608 WILLIAMS ST
OTTUMWA,IA52501 		  GOV SENSORY ROOM 100

OTTUMWA COMMUNITY SCHOOL DISTRICT - TEACHER MINI GRANTS

608 WILLIAMS ST
OTTUMWA,IA52501 		  GOV SOCIAL EMOTIONAL LEARNING 340

OTTUMWA COMMUNITY SCHOOL DISTRICT - TEACHER MINI GRANTS

608 WILLIAMS ST
OTTUMWA,IA52501 		  GOV SOCIAL EMOTIONAL LEARNING MATERIAL- HOWK CLASSROOM 350

OTTUMWA COMMUNITY SCHOOL FOUNDATION

1112 N VAN BUREN
OTTUMWA,IA52501 		  PC PERIOD PRODUCTS FOR ALL 1,435

OTTUMWA COMMUNITY SCHOOL FOUNDATION

1112 N VAN BUREN
OTTUMWA,IA52501 		  PC TMHFA TRAINING COLLABORATION 1,900

OTTUMWA HIGH SCHOOL MUSIC BOOSTERS INC

49 BROOKWOOD CT
OTTUMWA,IA52501 		  PC OTTUMWA VOCAL MUSIC PROGRAM 11,888

OTTUMWA PARK AND RECREATION FOUNDATION INC

105 E 3RD ST
OTTUMWA,IA52501 		  PC OTTUMWA PARK EQUIPMENT REQUEST 30,000

OTTUMWA PUBLIC LIBRARY FRIENDS INC

320 CHURCH ST
OTTUMWA,IA52501 		  PC OTTUMWA PUBLIC LIBRARY MICROFILM DIGITIZATION PROJECT 7,650

PEKIN COMMUNITY SCHOOL DISTRICT

1062 BIRCH AVE
PACKWOOD,IA52580 		  GOV PEKIN PANTHER FIRST ROBOTICS 2,500

PEKIN COMMUNITY SCHOOL DISTRICT

1062 BIRCH AVE
PACKWOOD,IA52580 		  GOV ROBOTS FOR ROBOTICS 1,329

PEKIN COMMUNITY SCHOOL DISTRICT

1062 BIRCH AVE
PACKWOOD,IA52580 		  GOV CAMERAS FOR KIDS 2,100

PLEASANT VALLEY MANOR INC

2371 330TH ST
EDDYVILLE,IA52553 		  NC PLEASANT VALLEY MANOR ACCESSIBILITY PROJECT PHASE III - WALK IN SHOWERS 24,000

RIPPLING WATERS

PO BOX 634
OTTUMWA,IA52501 		  PC IMPROVING ACCESS TO AFFORDABLE HOUSING WITH A NEIGHBORHOOD REVITALIZATION APPROACH 30,000

ROCKET RAMPAGE #8737 - AT EBF SCHOOLS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV ROBOTICS CLASS/TEAM 2023 SEASON 5,000

ROCKET RAMPAGE #8737 - AT EBF SCHOOLS

222 WALNUT ST
EDDYVILLE,IA52553 		  GOV EMOTIONAL AWARENESS ANIMAL 526

SETON CATHOLIC SCHOOL

117 E 4TH ST
OTTUMWA,IA52501 		  PC 2ND GRADE CLASSROOM PHONICS MANIPULATIVES 758

SETON CATHOLIC SCHOOL

117 E 4TH ST
OTTUMWA,IA52501 		  PC K-1 EARLY PHONICS INTERVENTION RESOURCES 759

SOUTH CENTRAL IOWA LOCAL WORKFORCE DEVELOPMENT

15260 TRUMAN ST
OTTUMWA,IA52501 		  PC YOUTH COMMUNITY CO-DESIGNER PRE-APPRENTICESHIP PROGRAM 32,500

SOUTHEAST IOWA SYMPHONY ORCHESTRA

PO BOX 271
MT PLEASANT,IA52641 		  PC SEISO AUDIENCE DEVELOPMENT AND REVITALIZATION PROJECT 5,000

SOUTHEAST IOWA SYMPHONY ORCHESTRA

PO BOX 271
MT PLEASANT,IA52641 		  PC SOUTHEAST IOWA SYMPHONY ORCHESTRA (SEISO) SCHOOL TOURS 5,000

SOUTHERN IOWA ECONOMIC DEVELOPMENT ASSOCIATION HEAD START

226 W MAIN ST
OTTUMWA,IA52501 		  PC CLASSROOM ITEMS 300

SOUTHERN IOWA ECONOMIC DEVELOPMENT ASSOCIATION HEAD START

226 W MAIN ST
OTTUMWA,IA52501 		  PC CLASSROOM MATERIALS 300

SOUTHERN IOWA ECONOMIC DEVELOPMENT ASSOCIATION HEAD START

226 W MAIN ST
OTTUMWA,IA52501 		  PC LARGE MOTOR TOYS 600

SOUTHERN IOWA MENTAL HEALTH CENTER

1527 ALBIA RD
OTTUMWA,IA52501 		  PC TRANSLATING CHANGE IN RURAL MENTAL HEALTH 10,000

SPARKY CLAUS INC

201 N WAPELLO
OTTUMWA,IA52501 		  PC 2023 SPARKY CLAUS CHRISTMAS SHOPPING 1,000

WAPELLO COUNTY 4-H EXPOSITION INC

13011 120TH AVE
OTTUMWA,IA52501 		  PC KITCHEN UPGRADE FOR WAPELLO COUNTY 4-H EXPO GROUNDS. 10,250

WAPELLO COUNTY COUNCIL FOR THE PREVENTION OF CHILD ABUSE-NEGLECT (DBA WAPEL

PO BOX 1292
OTTUMWA,IA52501 		  PC PARENT CAF WAPELLO COUNTY 7,360

WAPELLO COUNTY HISTORICAL SOCIETY DBA IOWA HEARTLAND HISTORY CONNECTION

700 FARM CREDIT DR
OTTUMWA,IA52501 		  PC VIETNAM WAR VETERAN REMEMBRANCE PROJECT 3,000

WAPELLO COUNTY TRAILS COUNCIL

PO BOX 121
OTTUMWA,IA52501 		  PC WABASH PEDESTRIAN BRIDGE 20,900

WAPELLO COUNTY TRAILS COUNCIL

PO BOX 121
OTTUMWA,IA52501 		  PC WAPELLO COUNTY TRAILS PROMOTIONAL VIDEO 1,000

WAPELLO FAMILY TREATMENT COURT FOUNDATION

215 E 4TH ST
OTTUMWA,IA52501 		  PC CHRISTMAS CELEBRATION FOR WAPELLO FAMILY TREATMENT COURT CHILDREN 2,050

INDIAN HILLS COMMUNITY COLLEGE

525 GRANDVIEW BLDG 1
OTTUMWA,IA52501 		  SO III FI COLLEGE & CAREER TECHNICAL COACH 150,000

INDIAN HILLS COMMUNITY COLLEGE DEVELOPMENT CORPORATION

525 GRANDVIEW BLDG 1
OTTUMWA,IA52501 		  SO III FI WARRIOR EDGE: DEVELOPING ROBUST DIVERSITY, EQUITY AND INCLUSION PROGRAMMING IN WAPELLO COUNTY 10,000

INDIAN HILLS COMMUNITY COLLEGE DEVELOPMENT CORPORATION

525 GRANDVIEW BLDG 1
OTTUMWA,IA52501 		  SO III FI CREATING A WELCOMING ENVIRONMENT FOR COLLEGE AND CAREER TRANSITION SERVICES AT OTTUMWA HIGH SCHOOL 2,000

MOUNT MERCY UNIVERSITY

1330 ELMHUST DR NE
CEDAR RAPIDS,IA524024797 		  PC 2023 LCL SCHOLARSHIP 1,000

BELLEVUE UNIVERSITY

100 GALVIN RD S
BELLEVUE,NE68005 		  PC 2023 LCL SCHOLARSHIP 2,000

INDIAN HILLS COMMUNITY COLLEGE

525 GRANDVIEW AVE
OTTUMWA,IA52501 		  SO III FI 2023 LCL SCHOLARSHIP 1,000

UNIVERSITY OF IOWA

2700 UNIVERSITY CAPITOL CENTER
IOWA CITY,IA52242 		  GOV 2023 LCL SCHOLARSHIP 2,500

UNIVERSITY OF IOWA

2700 UNIVERSITY CAPITOL CENTER
IOWA CITY,IA52242 		  GOV 2023 LCL SCHOLARSHIP 1,000

UNIVERSITY OF IOWA

2700 UNIVERSITY CAPITOL CENTER
IOWA CITY,IA52242 		  GOV 2023 LCL SCHOLARSHIP 4,000

INDIAN HILLS COMMUNITY COLLEGE

525 GRANDVIEW AVE
OTTUMWA,IA52501 		  SO III FI 2023 LCL SCHOLARSHIP 1,000

DRAKE UNIVERSITY

2507 UNIVERSITY AVE
DES MOINES,IA50319 		  PC 2023 LCL SCHOLARSHIP 2,000

MOUNT MERCY UNIVERSITY

1330 ELMHUST DR NE
CEDAR RAPIDS,IA524024797 		  PC 2023 LCL SCHOLARSHIP 2,500

UNIVERSITY OF IOWA

2700 UNIVERSITY CAPITOL CENTER
IOWA CITY,IA52242 		  GOV 2023 LCL SCHOLARSHIP 2,500

AT STILL UNIVERSITY KIRKSVILLE

800 W JEFFERSON
KIRKSVILLE,MO63501 		  PC 2023 LCL SCHOLARSHIP 4,000

WARTBURG COLLEGE

100 WARTBURG BLVD
WAVERLY,IA50677 		  PC 2023 LCL SCHOLARSHIP 1,000
Total .................................right arrow 3a 819,797
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 ....     14 865,758  
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    
8 Gain or (loss) from sales of assets other than
inventory ............ 		    19 502,380  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory         7,213
11 Other revenue:
aTUITION & DUES 		        36,630
bGRANTS RETURNED         14,272
cMISCELLANEOUS INCOME         51,755
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,368,138 109,870
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,478,008
(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.)
11A TUITION & DUES FROM THE LEADERSHIP ACADEMY
11B GRANT FUNDS RETURNED PURSUANT TO TERMS OF GRANT AGREEMENTS
11C MISCELLANEOUS OTHER INCOME RECEIVED
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
OTTUMWA REGIONAL LEGACY FOUNDATION INC
 
Employer identification number

42-0681060
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
OTTUMWA REGIONAL LEGACY FOUNDATION INC
  		Employer identification number
42-0681060
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
HAROLD R MCCULLOUGH TRUST
 
C/O SOSB TRUST DEPT PO BOX 516
 
OTTUMWA, IA52501

$ 11,093


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
DAVID AND HEATHER BRADFORD
 
2411 NE 12TH COURT
 
ANKENY, IA50021

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
ORLF ENDOWMENT TRUST
 
C/O US BANK 123 E THIRD STREET
 
OTTUMWA, IA52501

$ 52,417


(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
OTTUMWA REGIONAL LEGACY FOUNDATION INC
  		Employer identification number

42-0681060
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
OTTUMWA REGIONAL LEGACY FOUNDATION INC
  		Employer identification number

42-0681060
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:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING/AUDIT FEES 37,149 0   37,149

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TY 2023 DepreciationSchedule
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
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
EQUIPMENT 2011-07-01 157,320 110,451 SL 5.000000000000 31,464 0    
LAND 2011-07-01 11,277   L   0 0    
BUILDING 2011-07-01 1,900,320 662,377 SL 15.000000000000 65,437 0    
COMPUTER 2021-12-22 1,733 578 SL 5.000000000000 346 0    
COMPUTER 2022-11-02 1,842 102 SL 5.000000000000 369 0    

TY 2023 DistributionFromCorpusElection
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Election:
PURSUANT TO IRC SECTION 4942(H)(2) AND REGULATION 53.4942(A)-3(D)(2), THE OTTUMWA REGIONAL LEGACY FOUNDATION, INC. HEREBY ELECTS TO TREAT $52,417 OF CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF CORPUS FOR THE FOLLOWING TAX YEARS:CURRENT 2023 TAX YEAR PASSTHROUGH FUNDS: $52,417

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TY 2023 ExpenditureResponsibilityStmt
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
PARTNERS IN PROGRESS INC
  		217 E MAIN STREET
OTTUMWA,IA52501 		2022-01-17 2,500 2022 IOWA CHAMBER ALLIANCE DUES 2,500 NONE 11/6/2023   NO NEED FOR VERIFICATION HAS BEEN IDENTIFIED.
OTTUMWA KIWANIS
  		420 N WAPELLO ST
OTTUMWA,IA52501 		2022-08-31 20,000 KIWANIS FUNNEL CAKE TRAILER UPGRADE 20,000 NONE 10/10/23   NO NEED FOR VERIFICATION HAS BEEN IDENTIFIED.
SOAP CREEK REBELS SADDLE CLUB
  		12788 COPPERHEAD RD
OTTUMWA,IA52501 		2022-11-21 12,200 SOAP CREEK SADDLE CLUB FACILITY IMPROVEMENTS PROJECT 12,200 NONE 1/3/2023   NO NEED FOR VERIFICATION HAS BEEN IDENTIFIED.
GREATER OTTUMWA CONVENTION AND VISITORS BUREAU
  		102 CHURCH ST
OTTUMWA,IA52501 		2023-08-10 3,500 MEET OTTUMWA WEBSITE ENHANCEMENTS - GOOGLE PLACES AND INTERACTIVE MAP 3,500 NONE 10/7/2024   NO NEED FOR VERIFICATION HAS BEEN IDENTIFIED.
GREATER OTTUMWA PARTNERS IN PROGRESS
  		217 E MAIN STREET
OTTUMWA,IA52501 		2023-02-16 20,000 2023 GENERAL OPERATING GRANT 20,000 NONE 04/17/2024   NO NEED FOR VERIFICATION HAS BEEN IDENTIFIED.
GREATER OTTUMWA PARTNERS IN PROGRESS
  		217 E MAIN STREET
OTTUMWA,IA52501 		2023-11-09 19,644 RIVERFRONT DEVELOPMENT 19,644 NONE 11/9/2023   NO NEED FOR VERIFICATION HAS BEEN IDENTIFIED.
PLEASANT VALLEY MANOR INC
  		2371 330TH ST
EDDYVILLE,IA52553 		2023-04-27 24,000 PLEASANT VALLEY MANOR ACCESSIBILITY PROJECT PHASE III - WALK IN SHOWERS 24,000 NONE 08/08/2024   NO NEED FOR VERIFICATION HAS BEEN IDENTIFIED.

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TY 2023 GainLossSaleOtherAssetsSch
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
SALE OF FIXED ASSETS 2022-01 PURCHASED 2023-12   210,000 200,353 COST 0 9,647  

TY 2023 InvestmentsCorpBondsSchedule
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 4,136,831 4,136,831

TY 2023 InvestmentsCorpStockSchedule
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCK 8,439,913 8,439,913

TY 2023 InvestmentsGovtObligationsSch
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
US Government Securities - End of Year Book Value:

3,534,799
US Government Securities - End of Year Fair Market Value:

3,534,799
State & Local Government Securities - End of Year Book Value:


131,464
State & Local Government Securities - End of Year Fair Market Value:


131,464


TY 2023 InvestmentsOtherSchedule2
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MUTUAL FUNDS FMV 31,466,926 31,466,926
ALTERNATIVE INVESTMENTS FMV 19,847,582 19,847,582

TY 2023 LandEtcSchedule2
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
EQUIPMENT 157,320 141,915 15,405  
LAND 11,277 0 11,277  
BUILDING 1,900,320 727,814 1,172,506  
COMPUTER 1,733 924 809  
COMPUTER 1,842 471 1,371  


TY 2023 LegalFeesSchedule
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 7,372 0   7,372


TY 2023 OtherAssetsSchedule
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
OTHER RECEIVABLES 22,032 31,186 31,186
PRI - OTTUMWA FIBER PROPERTY (NBV) 207,612 0 0
THEATER (NBV) 325,395 500,000 500,000


TY 2023 OtherDecreasesSchedule
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Description Amount
IMPAIRMENT LOSS ON PROPERTY & EQUIPMENT 871,118


TY 2023 OtherExpensesSchedule
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVERTISING AND PROMOTION 93,206 0   93,206
OFFICE EXPENSE 35,021 0   35,021
INSURANCE 19,611 0   19,611
DUES & LICENSES 6,365 0   6,365
MISCELLANEOUS EXPENSE 5,428 0   5,428
BANK FEES 957 0   957
PUBLIC SAFETY 14,499 0   14,499
ACCRUAL TO CASH ADJUSTMENT 0 0   -202,250
OTHER PORTFOLIO DEDUCTIONS - SCH K-1S 0 139,715   0
INVESTMENT INTEREST - SCH K-1S 0 6,596   0
MENTAL HEALTH 55,000 0   55,000
CHAPLIN SERVICES 4,490 0   4,490
CANCER PATIENT SUBSIDIES 93,740 0   93,740
EDUCATION PROGRAMS 21,276 0   21,276
RENT SUBSIDIES 33,660 0   33,660
CULTURAL AWARENESS 2,633 0   2,633


TY 2023 OtherIncomeSchedule2
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER PORTFOLIO INCOME - SCH K-1S 0 7,313 0
TUITION & DUES 36,630   36,630
GRANTS RETURNED 14,272   14,272
MISCELLANEOUS INCOME 51,755   51,755


TY 2023 OtherIncreasesSchedule
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Description Amount
UNREALIZED GAIN ON INVESTMENTS 8,465,967


TY 2023 OtherLiabilitiesSchedule
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAX 97,000 15,700


TY 2023 OtherProfessionalFeesSchedule
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 188,191 188,191   0
CONSULTING FEES 634,354 0   634,354


TY 2023 TaxesSchedule
Name:
OTTUMWA REGIONAL LEGACY FOUNDATION INC
EIN:
42-0681060
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 52,651 0   52,651
FOREIGN TAXES - SCH K-1S 0 6,193   0