TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024

Name of foundation
Kinkaid Family Charitable Foundation

% Robert J Krall

Number and street (or P.O. box number if mail is not delivered to street address)83 Edgington Lane
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Wheeling, WV26003

A Employer identification number

86-1281447

B Telephone number (see instructions)

(304) 242-2300

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$2,808,158J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	89,732
2	Check .............
3	Interest on savings and temporary cash investments	28,181		28,181
4	Dividends and interest from securities...	64,835		64,835
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		202,775
b	Gross sales price for all assets on line 6a 878,816
7	Capital gain net income (from Part IV, line 2)...			202,775
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	385,523		295,791
13	Compensation of officers, directors, trustees, etc.	27,282		13,641		13,641
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	1,291	12
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	2,052	341		1,711
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	30,625		13,994		15,352
25	Contributions, gifts, grants paid.......	96,000				96,000
26	Total expenses and disbursements. Add lines 24 and 25	126,625		13,994		111,352
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	258,898
b	Net investment income (if negative, enter -0-)			281,797
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2024)

Form 990-PF (2024)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	126,443	88,265	88,265
	2	Savings and temporary cash investments.........	151,183	613,910	613,910
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	1,060,157	List of Attached Documents: // Content 1,075,403	1,380,958
	c	Investments—corporate bonds (attach schedule).......	134,154	List of Attached Documents: // Content 49,257	66,957
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	745,000	List of Attached Documents: // Content 649,000	656,118
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	1,950	1,950	List of Attached Documents: // Content 1,950
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,218,887	2,477,785	2,808,158
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	2,218,887	2,477,785
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		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).....	2,218,887	2,477,785
	30	Total liabilities and net assets/fund balances (see instructions).	2,218,887	2,477,785

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

2,218,887

Enter amount from Part I, line 27a .....................

258,898

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

2,477,785

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

2,477,785

Form 990-PF (2024)

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	Publically Traded Securities
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	878,816	676,041	202,775
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			202,775
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	202,775
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	3,917
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	3,917
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	3,917
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	906
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	906
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	3,011
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax	Refunded	11

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ (2) On foundation managers. right arrow

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

The books are in care of right arrow

The Foundation Telephone no. right arrow

(304) 242-2300

Located at right arrow

83 Edgington LaneWheelingWV ZIP+4 right arrow

26003

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

16 At any time during calendar year 2024, 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 (2024)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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 2024? .............

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)):

At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2024?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2024 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 2024.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2024? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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-)
William J Yaeger	Trustee 1.00	9,094
83 Edgington Lane Wheeling,WV26003	Trustee 1.00	9,094
Robert J Krall	Trustee 0.50	9,094
83 Edgington Lane Wheeling,WV26003	Trustee 0.50	9,094
Chad J Shepherd	Trustee 0.25	9,094
83 Edgington Lane Wheeling,WV26003	Trustee 0.25	9,094

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...................				0

Form 990-PF (2024)

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 arrow

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 arrow

Form 990-PF (2024)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

2,132,923

Average of monthly cash balances.......................

644,334

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

2,777,257

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

2,777,257

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

41,659

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

2,735,598

Minimum investment return. Enter 5% (0.05) of line 5................

136,780

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.)

Minimum investment return from Part IX, line 6..................

136,780

Tax on investment income for 2024 from Part V, line 5 .......

3,917

Income tax for 2024. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

3,917

Distributable amount before adjustments. Subtract line 2c from line 1............

132,863

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

132,863

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

132,863

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

111,352

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

111,352

Form 990-PF (2024)

Page 9

Part XII

Undistributed Income (see instructions)

	(c) 2023	(d) 2024
1 Distributable amount for 2024 from Part X, line 7		132,863
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......	110,765
b Total for prior years:20 , 20, 20
3 Excess distributions carryover, if any, to 2024:
a From 2019......
b From 2020......
c From 2021......
d From 2022......
e From 2023......
f Total of lines 3a through e ........
4Qualifying distributions for 2024 from Part
XI, line 4: $ 111,352
a Applied to 2023, but not more than line 2a	110,765
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2024 distributable amount.....		587
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2024.
(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
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........		132,276
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) .......
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2020....
b Excess from 2021....
c Excess from 2022....
d Excess from 2023....
e Excess from 2024....

Form 990-PF (2024)

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 2024, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

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) 2024	(b) 2023	(c) 2022	(d) 2021	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

Robert J Krall
83 Edgington Lane
Wheeling,WV26003
(304) 242-2300
rkrall@hmhy.com

bThe form in which applications should be submitted and information and materials they should include:

All requests for grants should be made by completing the Foundations Grant Application form, which can be obtained by contacting the Foundation Secretary. The application form requests various information and materials, including information about the operations and exempt status of the requesting organization, and information about the proposed use and purpose of the requested grant.

cAny submission deadlines:

None

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Grants made by the Foundation shall be made for the accomplishment of charitable, religious, scientific, literacy, or educational purposes or for the prevention of cruelty to children or animals in any areass of the US, however, preference is afforded to organizations and uses located Tyler Co, WV.

Form 990-PF (2024)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Tucker Community Foundation PO Box 491 Parsons,WV26287	na	PC	Run for it Race	2,000
Sisterville General Hospital PO Box 112 Marietta,OH45750	na	PC	General Operations	10,000
Wounded Warriors PO Box 758516 Topeka,KS66675	na	PC	General Operations	1,000
City of Sistersville 200 Diamond Street Sistersville,WV26175	na	PC	Sistersville-Fly Ferry General Operations	10,000
Clarksburg History Museum 445 West Main Street Clarksburg,WV26301	na	PC	Historical Markers ProjectAmericorp Worker	8,000
Cottrills Opera House PO Box 156 Thomas,WV26292	na	PC	General Operations	15,000
Morgantown Athletic Club One Waterfront Place 74 Morgantown,WV265071650	na	PC	Football Scholarship Fund	30,000
WV Oil Gas Festival PO Box 25 Sistersville,WV26175	na	PC	General Operations	10,000
Canaan Valley VFD PO Box 545 Davis,WV26260	na	PC	General Purposes	10,000
Total ................................. 3a				96,000

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2024)

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	28,181
4 Dividends and interest from securities ....			14	64,835
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	202,775
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				295,791

13Total. Add line 12, columns (b), (d), and (e)..................

295,791

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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 (2024)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

Kinkaid Family Charitable Foundation

EIN:

86-1281447

Name of Bond	End of Year Book Value	End of Year Fair Market Value
254 SHS INVESCO S&P MIDCAP 400	9,709	12,298
44 SHS ISHARES CORE S&P SM CAP	5,009	5,070
2000 SHS ISHARESIBONDS DEC2024	0	0
50 SHS ISHARES MSCI EAFE ETF	3,173	3,781
135 SHS ISHARES MSCI EMERGING	5,794	5,646
100 SHS ISHARES S&P MIDCAP 400	5,799	9,093
151 SHS ISHARES S&P MID CAP400	12,383	18,869
50 SHS ISHARES S&P SMALL CAP	3,053	5,431
50 SHS ISHARES S&P SMLL CAP600	4,337	6,769
150 SHS SPDR FUND CONSUMER	0	0
250 SHSTECHNOLOGY SELECTSECTOR	0	0

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

Kinkaid Family Charitable Foundation

EIN:

86-1281447

Name of Stock	End of Year Book Value	End of Year Fair Market Value
204 SHS ABBOTT LABORATORIES	20,253	23,074
130 SHS ABBVIE INC	13,055	23,101
300 SHS ALTRIA GROUP INC	0	0
168 SHS AMERICAN EXPRESS CO	15,981	49,861
250 SHS AUTO DATA PROCESSING	36,761	73,183
500 SHS BAXTER INTERNTNL	43,600	14,580
25 SHS BLACKROCK INC	14,549	25,628
500 SHS BP PLC	11,657	14,780
125 SHS CHUBB LTD	16,891	34,538
150 SHS CONOCOPHILLIPS	6,102	14,876
600 SHS DOMINION ENERGY INC	0	0
266 SHS DOW INC	11,499	10,675
266 SHS DUPONT DE NEMOURS INC	14,460	20,283
248 SHS EMERSON ELECTRIC CO	15,650	30,735
271 SHS EXXON MOBIL CORP	11,793	29,151
220 SHS FEDEX CORP	36,386	61,893
125 SHS GE AEROSPACE	554	20,849
450 SHS IBM CORP	53,985	98,924
1600 SHS INTEL CORP	96,188	32,080
167 SHS JOHNSON & JOHNSON	24,966	24,152
222 SHS JPMORGAN CHASE & CO	21,859	53,216
90 SHS KYNDRYL HLDGS INC	2,384	3,114
107 SHS MCDONALDS CORP	20,468	31,018
224 SHS MERCK & CO	17,855	22,284
292 SHS OMNICOM GROUP INC	16,034	25,124
315 SHS PEPSICO INC	42,157	47,899
492 SHS PFIZER INC	17,959	13,053
300 SHS PHILIP MORRIS INTL	0	0
305 SHS PROCTER & GAMBLE	38,242	51,133
275 SHS RAYTHEON TECHNOLOGIES	16,992	31,823
400 SHS SCHULMBERGER LTD	7,498	15,336
444 SHS VERIZON COMMUNICATION	24,912	17,756
400 SHS WELLS FARGO & CO	9,979	28,096
60 SHS ZIMMER BIOMET HLDGS	7,805	6,338
6 SHS ZIMVIE INC	184	84
41 SHS GE HEALTHCARE TECHNOLOG	180	3,205
75 SHS ALPHABET INC	12,992	14,283
72 SHS AMAZONCOM INC	12,916	15,796
65 SHS APPLE INC	13,030	16,277
38 SHS APPLIED MATERIALS	7,911	6,180
411 SHS AT&T	7,996	9,358
75 SHS BOEING CO	12,934	13,275
192 SHS BRISTOL MYERS SQUIBB	8,005	10,860
37 SHS CATERPILLAR	12,836	13,422
15 SHS COSTCO	12,354	13,744
29 SHS DANAHER	7,843	6,657
136 SHS DISNEY	13,049	15,144
59 SHS EXPEDIA	7,974	10,993
15 SHS ELI LILLY	12,766	11,580
271 SHS FREEPORT MCMORAN INC	13,052	10,320
31 SHS GE VERONA	139	10,197
28 SHS GOLDMAN SACHS	13,126	16,033
38 SHS HOME DEPOT	12,912	14,782
17 SHS LINDE PLC	7,775	7,117
58 SHS L3 HARRIS TECHNOLOGIES	13,053	12,196
120 SHS 3M CO	13,025	15,491
155 SHS MEDTRONIC PLC	12,965	12,381
17 SHS META PLATFORMS	7,873	9,954
31 SHS MICROSOFT	13,203	13,067
130 SHS MORGAN STANLEY	12,940	16,344
46 SHS NVIDIA CORP	12,220	14,638
64 SHS PAYCHEX INC	8,006	8,974
65 SHS PPG INDUSTRIES	7,998	7,764
48 SHS SALESFORCE	12,834	16,048
22 SHS THERMO FISHER	13,105	11,445
71 SHS TJX COMPANIES	7,987	8,578
32 SHS UNION PACIFIC	7,855	7,297
48 SHS VISA	13,007	15,170
191 SHS WALMART	13,011	17,257
23 SHS AVALONBAY CMNTY INC	4,963	5,059
40 SHS PROLOGIS INC	4,982	4,228
82 SHS REALTY INCOME CORP	4,976	4,380
31 SHS SIMON PPTY GROUP	4,949	5,339
266 SHS WEYERHAUSER INC	8,003	7,488

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

Kinkaid Family Charitable Foundation

EIN:

86-1281447

Category/ Item	Book Value	End of Year Fair Market Value
10K NORTHEAST BANK 4.8%	10,000	10,001
25K AMERICAN EXPRESS 3.85%	25,000	24,944
20K SYNCHRONY BANK 4.8%	20,000	20,231
10K BANK OF AMERICA 4.85%	10,000	10,086
10k BANK OF CHINA 5.15%	10,000	10,014
25K DISCOVER BANK 4.95%	25,000	25,172
25K WELLS FARGO BANK 5.15%	25,000	25,540
10K WELLS FARGO 4.2%	10,000	10,059
25K BMW BANK OF NORT 2.85%	0	0
10K FVC BANK 4.3%	10,000	10,015
20K M&T BANK CORP 4.85%	20,000	20,388
10K UBS BANK USA 4.7%	10,000	10,169
20K UBS BANK USA 3.2%	0	0
25K 25K CAPITAL ONE 3.85%	25,000	24,934
15K MORGAN STANLEY 4.6%	15,000	15,228
4K PARKSIDE FINL BANK 4.0%	4,000	4,011
50K CAPITAL ONE, NTN 2.35%	0	0
25K DISCOVER BANK 4.95%	25,000	25,447
15K CIBC BANK 4.55%	15,000	15,220
10K UBS BANK 4.4%	10,000	10,150
25K AMERICAN EXPRESS 2.85%	0	0
10K UNIVERSITY BANK 4.15%	10,000	10,044
20K UBS BANK 4.65%	20,000	20,373
10K MORGAN STANLEY 4.35%	10,000	10,155
25K CAPITAL ONE 2.8%	0	0
25K DISCOVER BANK 4.9%	25,000	25,665
25K WELLS FARGO BANK 5.05%	25,000	25,777
20K MEDALLION BANK 3.8%	20,000	19,893
25K GOLDMAN SACHS BANK 3%	0	0
10K FORBRIGHT BANK 4%	10,000	10,028
20K MORGAN STANLEY 4.8%	20,000	20,520
20K AMERICAN EXPRESS 3.35%	0	0
20K UBS BANK USA 5.0%	20,000	20,204
15K BMO BANK NTNL 4.5%	15,000	15,266
10K UBS BANK 4.75%	0	0
20K UBS BANK 5.25%	20,000	20,032
15K UNITED FIDELITY 4.5%	15,000	15,289
25K CAPITAL ONE BANK 3%	25,000	24,867
15K MORGAN STANLEY 4.9%	15,000	15,035
20K SYNCHRONY BANK 4.45%	20,000	20,336
25K SYNCHRONY BANK 3.2%	25,000	24,862
15K CROSS RIVER BANK 4.65%	15,000	15,110
20K WELLS FARGO 5.05%	25,000	26,011
20K SYNCHRONY BANK 3.3%	20,000	19,884
15K THE STATE BANK 4.7%	15,000	15,139
10k TEXAS HERTIAGE 4.35%	10,000	10,019

- TIN:

TY 2024 OtherAssetsSchedule

Name:

Kinkaid Family Charitable Foundation

EIN:

86-1281447

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
Mineral Rights in Grant County WV	1,950	1,950	1,950

- TIN:

TY 2024 OtherExpensesSchedule

Name:

Kinkaid Family Charitable Foundation

EIN:

86-1281447

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Philadelphia Insurance D&O	754	0	754
membership dues	930	0	930
ADR Fees	10	10	0
Investment Software	331	331	0
Postage	2	0	2
WV Secretary of State	25	0	25

- TIN:

TY 2024 TaxesSchedule

Name:

Kinkaid Family Charitable Foundation

EIN:

86-1281447

Category	Amount	Net Investment Income
2023 Excise Tax	373	0
Sherrif of Grant Co Prop Tax	12	12
2024 Estimated Tax Payments	906	0