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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
SEABOARD FOUNDATION
 
% David Rankin
Number and street (or P.O. box number if mail is not delivered to street address)9000 WEST 67TH STREET ATTN TAX DEPT
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MERRIAM, KS662023638
A Employer identification number

46-1464426
B Telephone number (see instructions)

(913) 676-8751
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$1,361,100J 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) 225
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 18,511 18,511 0
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
173,665
b Gross sales price for all assets on line 6a 376,168
7 Capital gain net income (from Part IV, line 2)... 173,665
8 Net short-term capital gain.........  
9 Income modifications........... 0
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0 0
11 Other income (attach schedule)....... 0 0 0
12 Total. Add lines 1 through 11........ 192,401 192,176 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 0 0 0 0
15 Pension plans, employee benefits....... 0 0 0 0
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... 0 0 0 0
c Other professional fees (attach schedule).... 0 0 0 0
17 Interest............... 1,924 0 0 1,924
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
5,000 5,000 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy.............. 0 0 0 0
21 Travel, conferences, and meetings....... 0 0 0 0
22 Printing and publications.......... 0 0 0 0
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
8,382 0 0 8,382
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 15,306 5,000 0 10,306
25 Contributions, gifts, grants paid....... 356,189 356,189
26 Total expenses and disbursements. Add lines 24 and 25 371,495 5,000 0 366,495
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -179,094
b Net investment income (if negative, enter -0-) 187,176
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 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............. 53,358 75,767 75,767
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0  
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow   0 0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)   0  
b Investments—corporate stock (attach schedule)....... 859,227 Click to see attachment
List of Attached Documents:
// Content
657,724 		1,285,333
c Investments—corporate bonds (attach schedule).......   0  
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow     0  
15 Other assets (describe right arrow) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 912,585 733,491 1,361,100
Liabilities 17 Accounts payable and accrued expenses.......... 0 0
18 Grants payable................. 0 0
19 Deferred revenue................. 0 0
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 912,585 733,491
29 Total net assets or fund balances (see instructions)..... 912,585 733,491
30 Total liabilities and net assets/fund balances (see instructions). 912,585 733,491
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
912,585
2
Enter amount from Part I, line 27a .....................
2
-179,094
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
733,491
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
733,491
Form 990-PF (2024)
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 Common stock and mutual funds D 2024-01-01 2024-12-26
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 376,168 0 202,503 173,665
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       173,665
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 173,665
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 2,602
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 2,602
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,602
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 5,000
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 2,398
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow2,398 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowKS
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 2024 or the taxable year beginning in 2024? 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 arrowhttps: www.seaboardcorp.com seaboard-foundation
14
The books are in care ofright arrowDavid Rankin Telephone no.right arrow (913) 676-8751

Located atright arrow9000 West 67th StreetMerriamKS ZIP+4right arrow66202
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 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)
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
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
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
 
 
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 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.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Ellen BreskyClick to see attachment
List of Attached Documents:
// Content
President & Director
0.00 		0 0 0
9000 West 67th Street
Merriam,KS66202
David RankinClick to see attachment
List of Attached Documents:
// Content
Treasurer VP & Director
0.00 		0 0 0
9000 West 67th Street
Merriam,KS66202
Elizabeth BreskyClick to see attachment
List of Attached Documents:
// Content
VP & Director
0.00 		0 0 0
9000 West 67th Street
Merriam,KS66202
Michael SchultzClick to see attachment
List of Attached Documents:
// Content
Director
0.00 		0 0 0
2209 Arno Road
Mission Hills,KS66208
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
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)
Form 990-PF (2024)
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
1,387,161
b
Average of monthly cash balances.......................
1b
68,082
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,455,243
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) Click to see attachment
List of Attached Documents:
// Content
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
1,455,243
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
21,829
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,433,414
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
71,671
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
71,671
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
2,602
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
0
c
Add lines 2a and 2b............................
2c
2,602
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
69,069
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
69,069
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
69,069
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
366,495
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) Click to see attachment
List of Attached Documents:
// Content
.................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
366,495
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 69,069
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 417,817
b From 2020...... 400,273
c From 2021...... 199,247
d From 2022...... 918,185
e From 2023...... 235,357
f Total of lines 3a through e ........ 2,170,879
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 366,495
a Applied to 2023, but not more than line 2a  
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..... 69,069
e Remaining amount distributed out of corpus 297,426
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 2,468,305
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		417,817
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		2,050,488
10 Analysis of line 9:
a Excess from 2020.... 400,273
b Excess from 2021.... 199,247
c Excess from 2022.... 918,185
d Excess from 2023.... 235,357
e Excess from 2024.... 286,798
Form 990-PF (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 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
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)
aPaid during the year

American Heart Association

7272 Greenville Ave
Dallas,TX75231 		No Relationship PC Heart Disease Research & Education 50

American Royal Association

1701 American Royal Court
Kansas City,MO64102 		No Relationship PC Agricultural education 21,000

Feed Northland Kids

8105 N Cosby Avenue
Kansas City,MO64151 		No Relationship PC Childhood Hunger 250

Food for the Poor

6401 Lyons Road
Coconut Creek,FL33073 		No Relationship PC Assist Those In Poverty 5,000

Freedom Hoops

PO Box 4074
Overland Park,KS66204 		No Relationship PC Urban Youth Empowerment 2,058

Golden Scoop

9540 Nall Avenue
Overland Park,KS66207 		No Relationship PC Employment Opportunity for Individuals With Developmental Disabilities 5,000

Guymon Community Enrichment Foundation

PO BOX 481
Guymon,OK73942 		No Relationship PC Education & Recreation 40,000

Harvesters

3801 Topping Avenue
Kansas City,MO64129 		No Relationship PC General Purpose 20,000

Harvesters Community Food Network

3801 Topping Avenue
Kansas City,MO64129 		No Relationship PC General Purpose 226

Humane Society of Greater Kansas City

5445 Parallel Parkway
Kansas City,KS66104 		No Relationship PC Animal Welfare 50

Kansas City Girls Preparatory Academy

500 East 17th Street
Kansas City,MO64127 		No Relationship PC Education 25,000

Kansas Suicide Prevention HQ

PO Box 999
Lawrence,KS66044 		No Relationship PC Suicide Prevention 1,000

KC Girls Preparatory Academy Foundation

500 East 17th Street
Kansas City,MO64127 		No Relationship PC Education 2,000

Literacy KC

3036 Troost Ave
Kansas City,MO64109 		No Relationship PC Advance Literacy 200

OConnell Childrens Shelter

PO Box 3589
Lawrence,KS66046 		No Relationship PC Youth Prevention Services 1,000

Project Eagle KU Endowment Association

PO Box 928
Lawrence,KS66044 		No Relationship PC Early Education 300

Renewed Hope Food Pantry

8714 Antioch Road
Overland Park,KS66212 		No Relationship PC Food Assistance 15,000

Seneca RVII Schools Foundation

914 Frisco St
Seneca,MO64865 		No Relationship PC Foster Educational Opportunities 2,000

Seton Center

2816 East 23rd Street
Kansas City,MO64127 		No Relationship PC Human Services - dental food rent utility 10,000

Sheps Place Senior Dog Sanctuary

17012 E Truman Rd
Independence,MO64056 		No Relationship PC Senior Dog Sanctuary 10,000

The Veterans Community Project

8900 Troost Ave
Kansas City,MO64131 		No Relationship PC Housing & Support Services 1,000

Dolphins Challenge Cancer

1242 JASMINE CIRCLE
Weston,FL33326 		No Relationship PC Cancer Research 100

Dolphins Challenge Cancer

1242 JASMINE CIRCLE
Weston,FL33326 		No Relationship PC Cancer Research 8,000

Operation Breakthrough

PO Box 412482
Kansas City,MO64141 		No Relationship PC Support Services for Low Income Children Parent Empowerment Programs 428

Operation Breakthrough

PO Box 412482
Kansas City,MO64141 		No Relationship PC Support Services for Low Income Children Parent Empowerment Programs 15,000

The Trevor Project

PO Box 69232
West Hollywood,CA90069 		No Relationship PC LGBTQ & Young People Suicide Prevention 1,000

The Trevor Project

PO Box 69232
West Hollywood,CA90069 		No Relationship PC LGBTQ & Young People Suicide Prevention 250

Veterans Community Project

8900 Troost Ave
Kansas City,MO64131 		No Relationship PC Housing & Support Services 132

Veterans Community Project

8900 Troost Ave
Kansas City,MO64131 		No Relationship PC Housing & Support Services 250

CYEC

571 Foxwood Lane
Paoli,PA19301 		No Relationship PC Children and Youth Empowerment 7,500

Ghana West Africa Missions

PO BOX 2125
Decatur,AL35602 		No Relationship PC Assist Those In Poverty 5,000

Great Jobs KC

8080 Ward Parkway Ste 402
Kansas City,MO64114 		No Relationship PC Education and Job Training 20,000

Hillcrest Platte County

6600 NW TOWER DR 101
Kansas City,MO64151 		No Relationship PC Support Services for the Homeless 250

Just Food of Douglas County

1000 E 11TH ST
Lawrence,KS66046 		No Relationship PC Food Insecurity 1,000

Kansas City Community Gardens

516 MAIN STREET
Mound City,KS66056 		No Relationship PC Food & Clothing Insecurity 15,000

Kansas City Repertory Theatre

4825 Troost Ave Ste 106
Kansas City,MO64110 		No Relationship PC Education & Stage Artistry 5,000

Kansas State University Foundation

1800 Kimball Ave Suite 200
Manhattan,KS665023373 		No Relationship PC Education 600

Liberty Womens Clinic

1532 NE 96th St Suite B
Liberty,MO64068 		No Relationship PC Pregnancy Services 1,512

Liga Contra El Cancer Inc

2180 South West 12 Avenue
Miami,FL33129 		No Relationship PC Cancer Treatment 10,000

NPR KCUR 89 3

5100 ROCKHILL RD
Kansas City,MO644102499 		No Relationship PC NPR member radio station - news 1,000

Roswell Park Alliance

ELM and CARLTON STREETS
Buffalo,NY14263 		No Relationship PC Cancer Research & Education & Patient Care Programs 200

Skate Free No Limits

18430 SCHABACK CIRCLE
Weston,MO64098 		No Relationship PC Recreation Sports Leisure Athletics 1,500

Smile KC Foundation

10925 ANTIOCH RD 201
Overland Park,KS66210 		No Relationship PC Dental Care for Veterans 1,000

St Judes Research Hospital

501 St Jude Place
Memphis,TN38105 		No Relationship PC Childhood Cancer Research & Treatment 2,000

Tiger Scholarship Fund University of Missouri

Mizzou Arena Suite 200
1 Champions Drive
Columbia,MO652113080 		No Relationship PC Education 1,000

United Way of Greater Kansas City

801 W 47th Street Suite 500
Kansas City,MO64112 		No Relationship PC Health Education Financial Stability 5,000

Zeta Phi Society Foundation Inc

39 Berkshire Drive
Richmond Heights,MO63117 		No Relationship PC Education 2,000

American Stroke Foundation

6405 METCALF AVENUE SUITE 214
Overland Park,KS66202 		No Relationship PC Empower Stroke Survivors & Families 1,000

Always and Furever

23595 W 223RD ST
Spring Hill,KS66083 		No Relationship PC Senior Dog Sanctuary 25,000

Common Food Centre County

3086 STONEBRIDGE DRIVE
State College,PA16801 		No Relationship PC Food Assistance 200

Della Lamb

500 WOODLAND AVENUE
Kansas City,MO64106 		No Relationship PC Assist Those In Poverty 250

Doctors Without Borders

PO BOX 5030
Hagerstown,MD21741 		No Relationship PC Providing medical aid 200

First Tee of Greater KC

9401 NALL AVENUE SUITE 102
Prairie Village,KS66207 		No Relationship PC Empower kids through the game of golf 580

For the Joy of Strings

1600 E MAIN ST
Smithville,MO64089 		No Relationship PC Music Education 2,500

Foster Adopt Connect

18600 E 37TH TERRACE
Independence,MO64057 		No Relationship PC Empowers Foster children 3,000

Frontier Schools

6800 CORPORATE DRIVE
Kansas City,MO64120 		No Relationship PC Empower Students to Develop Gifts & Talents 5,000

Golf Foundation of Kansas City

8330 MELROSE DR
Lenexa,KS66214 		No Relationship PC Support & Develop Golf for Youth 5,000

HNC Living Foundation

8100 NEWTON ST SUITE 100
Overland Park,KS66204 		No Relationship PC Support for Head & Neck Cancer Patients 2,500

Innovation Africa

PO BOX 412833
Boston,MA022412833 		No Relationship PC Clean Water Supply to Rural African Villages 25,000

KC MO Angels

PO BOX 47201
Kansas City,MO64188 		No Relationship PC Support for Foster Care Community 500

KC School of Classical Ballet

7330 W 80TH ST
Overland Park,KS66204 		No Relationship PC Dance Education 500

Ronald McDonald House

110 N CARPENTER ST
Chicago,IL606072101 		No Relationship PC Essential Services for Families With Sick Children 250

Sebastian Strong Foundation

2000 PONCE DE LEON BLVD SUITE 509 C
Coral Gables,FL33134 		No Relationship PC Pediatric Cancer Research 2,000

Sucede

290 CRANWOOD DRIVE
Key Biscayne,FL33149 		No Relationship PC Support sustainable development South America 10,000

Sunflowers to Roses

1184 ANTIOCH ROAD 175
Overland Park,KS66210 		No Relationship PC Cancer Awareness & Promote Cycling for Health 50

The Believe Bag Project

16141 SOUTH RAINTREE DRIVE
Olathe,KS66062 		No Relationship PC Support Supplies for Breast Cancer Patients 215

The Believe Bag Project

16141 SOUTH RAINTREE DRIVE
Olathe,KS66062 		No Relationship PC Support Supplies for Breast Cancer Patients 500

Tim Tebow Foundation

12735 GRAN BAY PARKWAY SUITE 130 A
Jacksonville,FL32258 		No Relationship PC Anti-Human Trafficking & Child Exploitation & Orphans & Special Needs 25

Voices For Children Casa of Boulder County

5408 IDYLWILD TRAIL
Boulder,CO80301 		No Relationship PC Child Abuse and Neglect 250

Washburn University Foundation Nancy Spillman Ryan Family Fund

1729 SW MACVICAR
Topeka,KS66604 		No Relationship PC Education 5,000

Sheps Place Senior Dog Sanctuary

17012 E Truman Rd
Independence,MO64056 		No Relationship PC Senior Dog Sanctuary 200

The ARC of Tempe

PO BOX 26014
Tempe,AZ85285 		No Relationship PC Create Inclusive Communities for Individuals with IDD 613
Total .................................right arrow 3a 356,189
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
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
a     0   0 0
b     0   0 0
c     0   0 0
d     0   0 0
e     0   0 0
f     0   0 0
    0   0 0
gFees and contracts from government agencies          
2 Membership dues and assessments ....   0   0 0
3 Interest on savings and temporary cash
investments ........... 		  0   0 0
4 Dividends and interest from securities ....   0   0 0
5 Net rental income or (loss) from real estate:
aDebt-financed property......   0   0 0
bNot debt-financed property.....   0   0 0
6 Net rental income or (loss) from personal property   0   0 0
7 Other investment income .....   0   0 0
8 Gain or (loss) from sales of assets other than
inventory ............ 		  0   0 0
9 Net income or (loss) from special events:   0   0 0
10 Gross profit or (loss) from sales of inventory   0   0 0
11 Other revenue:
a   		  0   0 0
b     0   0 0
c     0   0 0
d     0   0 0
e     0   0 0
12 Subtotal. Add columns (b), (d), and (e) .. 0 0 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
0
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID: 24020569
Software Version: V2.0


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 InvestmentsCorpStockSchedule
Name:
SEABOARD FOUNDATION
EIN:
46-1464426
Software ID:
24020569
Software Version:
V2.0
Name of Stock End of Year Book Value End of Year Fair Market Value
Corporate stock 657,724 1,285,333

TY 2024 OtherExpensesSchedule
Name:
SEABOARD FOUNDATION
EIN:
46-1464426
Software ID:
24020569
Software Version:
V2.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Penalty 8,382 0 0 8,382


TY 2024 TaxesSchedule
Name:
SEABOARD FOUNDATION
EIN:
46-1464426
Software ID:
24020569
Software Version:
V2.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Tax 5,000 5,000 0 0