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
THE RILEY FOUNDATION

% MARTY DAVIDSON

Number and street (or P.O. box number if mail is not delivered to street address)4518 POPLAR SPRINGS DRIVE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Meridian, MS39305

A Employer identification number

64-0707746

B Telephone number (see instructions)

(601) 481-1430

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

$95,504,519J 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)
2	Check .............
3	Interest on savings and temporary cash investments	872,556		872,556
4	Dividends and interest from securities...	1,036,876		1,036,876
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		164,471
b	Gross sales price for all assets on line 6a 15,400,526
7	Capital gain net income (from Part IV, line 2)...			1,556,814
8	Net short-term capital gain.........				1,556,814
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........	2,073,903		3,466,246	1,556,814
13	Compensation of officers, directors, trustees, etc.	518,709		190,482		259,668
14	Other employee salaries and wages......	196,475				176,827
15	Pension plans, employee benefits.......	102,083				91,875
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	46,768	11,692		11,692
c	Other professional fees (attach schedule)....
17	Interest...............	231
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	243,656
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	90,301
20	Occupancy..............	84,060		16,812		50,436
21	Travel, conferences, and meetings.......	12,493		1,249		9,370
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	101,787	13,213		66,895
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,396,563		233,448		666,763
25	Contributions, gifts, grants paid.......	856,200				4,878,227
26	Total expenses and disbursements. Add lines 24 and 25	2,252,763		233,448		5,544,990
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-178,860
b	Net investment income (if negative, enter -0-)			3,232,798
c	Adjusted net income (if negative, enter -0-)...				1,556,814

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.............
	2	Savings and temporary cash investments.........	1,821,815	1,333,648	1,333,648
	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..........	11,008
	10a	Investments—U.S. and state government obligations (attach schedule)	1,986,028	List of Attached Documents: // Content 74,000	74,000
	b	Investments—corporate stock (attach schedule).......	57,700,766	List of Attached Documents: // Content 74,650,579	74,650,579
	c	Investments—corporate bonds (attach schedule).......	18,601,450	List of Attached Documents: // Content 15,639,448	15,639,446
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	239,379	List of Attached Documents: // Content 192,166	192,166
	14	Land, buildings, and equipment: basis 3,832,856
		Less: accumulated depreciation (attach schedule) 2,373,647	1,547,382	List of Attached Documents: // Content 1,459,209	3,525,000
	15	Other assets (describe )	48,962	89,680	List of Attached Documents: // Content 89,680
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	81,956,790	93,438,730	95,504,519
	17	Accounts payable and accrued expenses..........	7,261	7,259
	18	Grants payable.................	11,895,614	7,873,587
	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 )	144,965	List of Attached Documents: // Content 340,696
	23	Total liabilities (add lines 17 through 22).........	12,047,840	8,221,542
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	69,908,950	85,217,188
	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).....	69,908,950	85,217,188
	30	Total liabilities and net assets/fund balances (see instructions).	81,956,790	93,438,730

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

69,908,950

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

-178,860

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

List of Attached Documents:

// Content

15,487,098

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

85,217,188

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 .

85,217,188

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
1 a	PUBLICLY TRADED SECURITIES	P
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	15,400,526	13,843,712	1,556,814
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			1,556,814
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	1,556,814
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	1,556,814

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	44,936
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	44,936
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	44,936
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	134,616
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	134,616
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
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	89,680
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax	Refunded	11	89,680

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

WWW.RILEYFOUNDATION.ORG

The books are in care of right arrow

CHRISTY S BUCKALEW Telephone no. right arrow

(601) 481-1430

Located at right arrow

4518 POPLAR SPRINGS DRMeridianMS ZIP+4 right arrow

39305

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-)	(d) Contributions to employee benefit plans and deferred compensation
LINDY R DEEN	DIRECTOR 5.00	22,000	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	22,000	0
MARTY DAVIDSON	CHAIRMAN CEO 20.00	196,641	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	CHAIRMAN CEO 20.00	196,641	0
MALCOLM PORTERA	VPSECRETARY 10.00	95,663	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	VPSECRETARY 10.00	95,663	0
BECKY G FARLEY	EXECUTIVE DIRECTOR 40.00	144,558	66,061
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	EXECUTIVE DIRECTOR 40.00	144,558	66,061
EDWIN DOWNER	DIRECTOR 5.00	20,000	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	20,000	0
TOMMY DULANEY	TREASURER 10.00	74,405	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	TREASURER 10.00	74,405	0
MANNY MITCHELL	DIRECTOR 5.00	22,250	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	22,250	0
CHRISTINE RILEY	DIRECTOR 5.00	22,000	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	22,000	0
GAIL W RILEY	DIRECTOR 5.00	21,500	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	21,500	0
RICHARD F RILEY Jr	DIRECTOR 5.00	22,000	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	22,000	0
WAYNE HENSON	DIRECTOR 5.00	22,250	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	DIRECTOR 5.00	22,250	0

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
CHRISTY S BUCKALEW	CONTROLLER 32.00	51,917	36,023	0
4518 POPLAR SPRINGS DRIVE Meridian,MS39305	CONTROLLER 32.00	51,917	36,023	0








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

86,371,434

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

877,264

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

267,472

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

87,516,170

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

87,516,170

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

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

1,312,743

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

86,203,427

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

4,310,171

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

4,310,171

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

44,936

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

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

44,936

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

4,265,235

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

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

4,265,235

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

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

4,265,235

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 ..........

5,544,990

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. .......

5,544,990

Form 990-PF (2024)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2024
1 Distributable amount for 2024 from Part X, line 7			4,265,235
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......
b Total for prior years:20 , 20, 20
3 Excess distributions carryover, if any, to 2024:
a From 2019......	415,813
b From 2020......
c From 2021......
d From 2022......	734,998
e From 2023......
f Total of lines 3a through e ........		1,150,811
4Qualifying distributions for 2024 from Part
XI, line 4: $ 5,544,990
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.....			4,265,235
e Remaining amount distributed out of corpus		1,279,755
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		2,430,566
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 ..........			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) ...		415,813
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		2,014,753
10 Analysis of line 9:
a Excess from 2020....
b Excess from 2021....
c Excess from 2022....	734,998
d Excess from 2023....
e Excess from 2024....	1,279,755

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).)

NONE

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

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:

BECKY G FARLEY
4518 POPLAR SPRINGS DR
Meridian,MS39305
(601) 481-1430
BECKY@RILEYFOUNDATION.ORG

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

APPLICATIONS ARE ONLY AVAILABLE ONLINE AND MUST BE SUBMITTED THROUGH THE FOUNDATIONS WEBSITE - WWW.RILEYFOUNDATION.ORG

cAny submission deadlines:

REFER TO WEBSITE

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

THE FOUNDATIONS PRIMARY FOCUS IS HEALTHCARE,EDUCATION,CULTURAL,ENVIRONMENTAL & ECONOMIC CONDITIONS FOR THE PEOPLE OF MERIDIAN AND LAUDERDALE COUNTY MISSISSIPPI.

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
BOY SCOUTS OF AMERICA 2102 8TH ST Meridian,MS39301			SUMMER INTERN PROGRAM	4,000
YOUTH EXCITEMENT TEAM INC 5121 GREAT RIVER DR Meridian,MS39301			SUMMER INTERNPROGRAM	4,000
FREE CLINIC OF MERIDIAN 4707 POPLAR SPRINGS DR Meridian,MS39305			SUMMER INTERN PROGRAMOPERATING	9,000
LOVE INC 801 18TH AVE Meridian,MS39301			OPERATING EXPENSES	5,000
MERIDIAN ART ASSOCIATION 628 25TH AVE Meridian,MS39301			SUMMER INTERN PROGRAMOPERATING	39,000
MS METHODIST SENIOR SERVICES 6600 POPLAR SPRINGS DR Meridian,MS39305			SUMMER INTERN PROGRAM	4,000
COMMUNITY FOUNDATION OF EAST MS 4817 NORTH PARK DRIVE Meridian,MS39305			SUMMER INTERN PROGRAM	4,000
MCC FOUNDATION 910 HWY 19N Meridian,MS39307			SUMMER INTERN PROGRAM	4,000
MERIDIAN SYMPHONY ASSOCIATION 2102 5TH STREET Meridian,MS39301			SUMMER INTERN PROGRAMCONCERT SERIES	41,500
MS STATE UNIVERSITY FOUNDATION PO BOX 6149 Mississippi State,MS39762			PROGRAMSSUMMER INTERNSCHOLARSHIPPERFORMING ARTS	3,756,397
MULTI-COUNTY COMMUNITY SERVICE 2906 ST PAUL ST Meridian,MS39301			HOMELESS OUTREACH	50,000
MS JR MISS PROGRAM PO BOX 582 Meridian,MS39302			SUMMER INTERN PROGRAM	4,000
MS ARTS ENTERTAINMENT 2155 FRONT STREET Meridian,MS39301			EXHIBITSSUMMER INTERN PROGRAM	504,000
MISSISSIPPI CHILDRENS MUSEUM 403 22ND AVE Meridian,MS39301			CONSTRUCTIONEXHIBITSSUMMER INTERN PROGRAM	404,000
STATE GAMES OF MISSISSIPPI 5201 14TH ST Meridian,MS39301			SUMMER INTERN PROGRAM	4,000
EXPONENT PHILANTHROPY 1720 N Street NW Washington,DC20036			OPERATING SUPPORT	830
CITY OF MERIDIAN HOUSING AUTHORITY 2425 E STREET Meridian,MS39301			SUMMER INTERN PROGRAM	4,000
THE JIMMIE RODGERS FOUNDATION 1200 22ND AVE Meridian,MS39301			FESTIVAL SUPPORT SUMMER INTERN PROGRAM	9,000
UNITED WAY OF EAST MS 4817 NORTH PARK DRIVE - SUITE B Meridian,MS39301			SUMMER INTERN PROGRAM	4,000
HOPE VILLAGE FOR CHILDREN PO BOX 26 Meridian,MS39302			SUMMER INTERN PROGRAM	4,000
MERIDIAN LITTLE THEATRE PO BOX 3157 Meridian,MS39303			ROOF REPAIRS & LIGHTING UPGRADE	15,000
MERIDIAN RESTORATIONS FOUNDATION 905 MLK MEMORIAL DR Meridian,MS39301			SUMMER INTERN PROGRAM	4,000
RUSH MEDICAL FOUNDATION 1314 19TH AVE Meridian,MS39301			TROUBLED YOUTH PROGAMMING	500
Total ................................. 3a				4,878,227

bApproved for future payment
MERIDIAN SYMPHONY ASSOCIATION 2102 5TH STREET Meridian,MS39301	CONCERT SERIES	12,500
MS STATE UNIVERSITY FOUNDATION PO BOX 6149 Meridian,MS39302	HEALTH PROGRAMSPERFORMING ARTS CENTER MAINTENANCE	6,085,758
MISSISSIPPI CHILDRENS MUSEUM 403 22ND AVE Meridian,MS39301	CONSTRUCTIONEXHIBITSSUMMER WORK PROGRAM	2,000,000
Total ................................. 3b		8,098,258

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	872,556
4 Dividends and interest from securities ....			14	1,036,876
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	164,471
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) ..				2,073,903

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

2,073,903

(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 AccountingFeesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING AUDITING & 990	46,768	11,692	0	11,692

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
LAND	2000-06-18	203,313	0	NDA		0
BUILDING	2000-06-18	3,066,860	1,801,782	SL	40	76,672
ADDITIONAL COMPLETION	2001-06-14	13,858	7,786	SL	40	346
DOUBLE GATE	2013-09-01	8,248	5,683	SL	15	550
HAVAC SYSTEM	2014-02-28	47,500	22,563	SL	20	2,375
BINDING SYSTEM	1999-08-02	300	300	SL	5	0
OFFICE SHREDDER	2006-05-17	460	460	SL	5	0
SERVERBEVERLY	2010-08-03	6,892	6,892	SL	5	0
HVAC REPAIRS CASSETTS	2011-03-15	22,075	22,075	SL	10	0
EXERCISE EQUIPMENT	2012-10-09	3,554	3,554	SL	10	0
WORKSTATION HP	2013-02-27	2,276	2,276	SL	5	0
GIFTS SOFTWARE PROGRAM	2014-02-26	5,885	5,885	SL	5	0
PHONE SYSTEM	2015-06-18	11,304	11,304	SL	5	0
SMOKE DETECTORS	2015-06-18	2,478	2,478	SL	5	0
CAMERA SYSTEM	2015-06-18	3,488	3,488	SL	5	0
ACCESS CONTROL	2015-06-18	3,294	3,294	SL	5	0
BURGLAR ALARM SYSTEM	2015-06-18	3,923	3,923	SL	5	0
COMPUTER BOB	2015-10-30	2,129	2,129	SL	5	0
LAPTOP BOB	2015-10-30	2,534	2,534	SL	5	0
COMPUTER BECKY	2015-10-30	8,399	8,399	SL	5	0
CANON COLOR PRINTERS	2016-05-10	2,100	2,100	SL	5	0
CAMERAS SECURITY	2016-09-19	5,238	5,238	SL	5	0
CAMERAS AND MONITORS	2018-02-13	2,987	2,987	SL	5	0
CAMERAS AND SENSORS	2018-02-28	1,129	1,129	SL	5	0
COPIER	2019-07-16	10,589	9,531	SL	5	1,058
HDTVSOUND	2019-10-22	2,394	2,155	SL	5	239
PAINTING PINES	1999-09-07	800	800	SL	10	0
FURNISHINGS	2000-06-17	259,815	259,815	SL	10	0
MUGSCOASTERS	2000-06-17	671	671	SL	5	0
BOOKSHELVES W RILEY	2000-10-23	5,003	5,003	SL	10	0
FURNISHINGS	2002-11-08	6,175	6,175	SL	10	0
SIDE CHAIRS BECKY	2002-12-26	1,400	1,400	SL	10	0
DESK CHAIR BECKY	2005-06-15	1,176	1,176	SL	10	0
FURNISHINGS	2005-08-24	5,385	5,385	SL	10	0
PAINTINGS BOARD ROOM	2011-01-19	10,000	10,000	SL	10	0
CARPET	2011-08-16	6,033	6,033	SL	10	0
TABLES BOARD ROOM	2011-09-13	3,895	3,895	SL	10	0
FRAMED PHOTOS	2012-03-20	1,867	1,867	SL	10	0
DISHWASHER	2012-05-07	1,163	1,163	SL	10	0
BOARD ROOM CHAIRS	2015-03-15	13,045	11,410	SL	10	1,305
REFRIGERATOR	2016-10-20	2,405	1,800	SL	10	241
FIRE ALARM SYSTEM	2018-06-20	8,266	4,548	SL	10	827
SECURITY SYSTEM	2018-06-20	8,470	4,658	SL	10	847
TV CABINETBOARD ROOM	2019-10-22	6,420	2,889	SL	10	642
SOUNDVIDEO CONFERENCE SYSTEM	2020-03-04	15,803	5,530	SL	10	1,580
SOUNDVIDEO CONFERENCE SYSTEM PART II	2020-06-15	7,941	2,779	SL	10	794
REPLACE32PENDENT SPRINKLERS IN PARKING	2021-11-15	13,054	4,238	SL	20	653
HP WORKSTATION BECKY	2021-08-31	1,334	634	SL	5	267
SECURITY CAMERAS	2021-12-08	2,433	1,035	SL	5	487
SECURITY SYSTEM UPGRADES	2023-07-03	4,967	497	SL	5	993
FRONT DESK COMPUTER	2024-05-07	2,127	0	SL	5	425

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AMERICAN INTL GROUP 460,000	526,176	526,176
ASSURED GUARANTY 115,000	0	0
BANK OF AMERICA 510,000	0	0
GOLDMAN SACHS GROUP 600,000	0	0
BRUNSWICK CORP 400	9,756	9,756
COBANK ACB 300,000	298,803	298,803
ENBRIDGE INC 500,000	479,265	479,265
ENTERPRISE PRODS 300,000	0	0
GENERAL MOTORS FINAN 500,000	0	0
JP MORGAN CHASE 200,000	0	0
JP MORGAN CHASE 330,000	0	0
KINROSS GOLD 375,000	397,883	397,883
VOYA FINANCIAL 50,000	47,086	47,086
WELLS FARGO 455,000	0	0
BANK OF NOVA SCOTIA 230,000	228,967	228,967
CHARLES SCHWAB 450,000	388,485	388,485
JP MORGAN 350,000	348,439	348,439
VOYA 150,000	141,258	141,258
REINSURANCE GRP 325,000	0	0
REINSURANCE GRP 150,000	0	0
REINSURANCE GRP 250,000	0	0
REINSURANCE GRP 150,000	0	0
ASSURED GUARANTY 470,000	0	0
ASSURED GUARANTY 128,000	0	0
BRUNSWICK CORP 2,400	58,536	58,536
BRUNSWICK CORP 400	9,756	9,756
BRUNSWICK CORP 800	19,512	19,512
BRUNSWICK CORP 1,900	46,341	46,341
BRUNSWICK CORP 2,600	63,414	63,414
BANK OF NOVA SCOTIA 189,000	188,151	188,151
BANK OF NOVA SCOTIA 51,000	50,771	50,771
BANK OF NOVA SCOTIA 180,000	179,192	179,192
BANK OF NOVA SCOTIA 200,000	199,102	199,102
CHARLES SCHWAB 450,000	388,485	388,485
WESTERN UNION 240,000	243,292	243,292
WESTERN UNION 10,000	10,137	10,137
ARCELORMITTAL SA 200,000	213,359	213,359
ARCELORMITTAL SA 200,000	213,359	213,359
KRAFT HEINZ 500,000	488,100	488,100
CONSTELLATION BRANDS 500,000	485,842	485,842
HASBRO 500,000	482,340	482,340
OMEGA HEALTHCARE 450,000	376,486	376,486
MONSANTO CO 100,000	85,823	85,823
SOUTHERN CO 500,000	0	0
BOOZ ALLEN HAMILTON 200,000 SH	0	0
HUNTSMAN INTL 300,000 SH	286,343	286,343
GENERAL MOTORS 250,000 SH	251,781	251,781
MICRON TECHNOLOGY 400,000 SH	425,992	425,992
EXPEDIA GROUP 250,000 SH	0	0
HF SINCLAIR CORP 250,000 SH	236,109	236,109
HF SINCLAIR CORP 34,000 SH	32,111	32,111
BROADCOM INC 200,000 SH	191,306	191,306
VALERO ENERGY 50,000 SH	56,206	56,206
VALERO ENERGY 100,000 SH	112,411	112,411
VALERO ENERGY 50,000 SH	112,411	112,411
BROADCOM INC 250,000 SH	235,842	235,842
BROADCOM INC 100,000 SH	94,337	94,337
GE HEALTHCARE TECH 260,000 SH	270,548	270,548
HP INC 250,000 SH	252,129	252,129
HP INC 150,000 SH	151,277	151,277
DELL INTL 260,000 SH	0	0
CONSTELLATION ENRGY 380,000 SH	388,523	388,523
PHILLIPS 66 CO 195,000 SH	193,583	193,583
PHILLIPS 66 CO 175,000 SH	173,729	173,729
LOWES COS 200,000 SH	199,051	199,051
LOWES COS 175,000 SH	174,170	174,170
DOLLAR GENERAL 350,000 SH	344,347	344,347
CF INDUSTRIES 350,000 SH	340,022	340,020
CF INDUSTRIES 100,000 SH	97,149	97,149
AT&T INC 450,000 SH	416,788	416,788
ORACLE 450,000 SH	394,328	394,328
CVS HEALTH CORP 300,000 SH	259,985	259,985
CVS HEALTH CORP 205,000 SH	177,656	177,656
DOW CHEMICAL 200,000 SH	265,309	265,309
DOW CHEMICAL 21,000 SH	27,857	27,857
ABBVIE INC 400,000 SH	353,992	353,992
HOWMET AEROSPACE INC	418,980	418,980
MARRIOTT INTERNATIONAL 150,000	147,165	147,165
KEURIG DR PEPPER 350,000 SH	353,507	353,507
MARRIOTT INTERNATIONAL 325 SH	283,959	283,959
MOTOROLA SOLUTIONS 400,000 SH	408,418	408,418
SOUTHERN CO 220,000 SH	226,423	226,423
MORGAN STANLEY FXD 400,000 SH	393,740	393,740
ENERGY TRANSFER 225,000 SH	223,848	223,848

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABORATORIES 37 SH	4,185	4,185
ALIBABA GRP HLDG 18 SH	1,526	1,526
AMAZON COM INC 4689 SH	1,028,720	1,028,720
APPLE INC 27877 SH	6,980,958	6,980,958
ALPHABET INC 191 SH	36,374	36,374
AMAZON COM INC 221 SH	48,485	48,485
AMPHENOL CORP 57 SH	3,959	3,959
APPLE INC 255 SH	63,857	63,857
APPLOVIN CORP 10 SH	3,238	3,238
ELI LILLY & CO 88 SH	67,934	67,934
ARISTA NETWORKS 68 SH	7,516	7,516
BERSHIRE HATHAWAY INC 14 SH	6,346	6,346
BLACKSTONE GROUP INC 47 SH	8,104	8,104
BLOCK INC 21 SH	1,785	1,785
BROADCOM INC 84 SH	19,475	19,475
CHIPOTLE MEXICAN GRILL 31 SH	1,869	1,869
COCA-COLA CO 123 SH	7,658	7,658
CONOCO PHILLIPS 17 SH	1,686	1,686
MICROSOFT 1479 SH	623,399	623,399
D R HORTON INC 72 SH	10,067	10,067
DOORDASH INC 38 SH	6,375	6,375
EATON CORP 12 SH	3,982	3,982
EDWARDS LIFESCIENCE CORP 15 SH	1,110	1,110
ELI LILLY 21 SH	16,212	16,212
GOLDMAN SACHS GROUP 15 SH	8,589	8,589
NVIDIA CORP 31354 SH	4,210,529	4,210,529
GRANGER W W INC 8 SH	8,432	8,432
HOME DEPOT 8 SH	3,112	3,112
HUBSPOT INC 5 SH	3,484	3,484
IBM CORP 30 SH	6,595	6,595
INTUIT INC 8 SH	5,028	5,028
ARCH CAP GROUP 22775 SH	483,058	483,058
INTUITIVE SURGICAL 24 SH	12,527	12,527
JOHNSON & JOHNSON 30 SH	4,339	4,339
KKR & CO 60 SH	8,875	8,875
LAM RESH CORP 30 SH	2,167	2,167
MASTERCARD INC CL A 39 SH	20,536	20,536
MCDONALDS CORP 20 SH	5,798	5,798
MCKESSON 9 SH	5,129	5,129
MERCADOLIBRE INC 8 SH	13,604	13,604
META PLATFORMS 65 SH	38,058	38,058
MICROSOFT CORP 105 SH	44,258	44,258
ALPHABET INC VOTING 582 SH	110,173	110,173
NATERA INC 10 SH	1,583	1,583
NETFLIX COM INC 24 SH	21,392	21,392
NVIDIA CORP 492 SH	66,071	66,071
ORACLE CORPORATION 72 SH	11,998	11,998
PALO ALTO NETWORKS 20 SH	3,639	3,639
META 3386 SH	1,982,537	1,982,537
PAYPAL HOLDINGS 59 SH	5,036	5,036
QUANTA SVCS INC 16 SH	5,057	5,057
REGENERON PHARMACEUTICALS 6 SH	4,274	4,274
SALESFORCE INC 20 SH	6,687	6,687
SERVICENOW INC 13 SH	13,782	13,782
SHOPIFY INC 38 SH	4,040	4,040
SPOTIFY TECHNOLOGY 17 SH	7,605	7,605
VANGUARD INDEX FD 570413	309,597	309,597
VANGUARD INDEX FD 2064822	1,120,703	1,120,703
VANGUARD INDEX FD 5530103	3,001,519	3,001,519
VANGUARD INDEX FD 3038169	1,648,997	1,648,997
VANGUARD INDEX FD 10123326	5,494,536	5,494,536
VANGUARD INDEX FD 9304975	5,050,368	5,050,368
VANGUARD INDEX FD 7247335	3,933,563	3,933,563
VANGUARD INDEX FD 8188282	4,444,271	4,444,271
VANGUARD INDEX FD 6029908	3,272,793	3,272,793
VANGUARD INDEX FD 4691840	2,546,543	2,546,543
VANGUARD INDEX FD 10093388	5,478,287	5,478,287
VANGUARD INDEX FD 2715140	1,473,669	1,473,669
VANGUARD INDEX FD 9115089	4,947,306	4,947,306
VANGUARD INDEX FD 12688310	6,886,707	6,886,707
VANGUARD INDEX FD 14038741	7,619,667	7,619,667
VANGUARD INDEX FD 373491	202,716	202,716
VANGUARD INDEX FD 415878	225,722	225,722
VANGUARD INDEX FD 189498	102,852	102,852
VANGUARD INDEX FD 188388	102,249	102,249
VANGUARD INDEX FD 189538	102,874	102,874
VANGUARD INDEX FD 178737	97,011	97,011
WALMART INC 4785 SH	432,325	432,325
STARBUCKS CORP 37 SH	3,376	3,376
SYNOPSYS CORP 6 SH	2,912	2,912
TAIWAN SEMICONDUCTOR 30 SH	5,925	5,925
TESLA INC 61 SH	24,634	24,634
THERMO FISHER SCIENTIFIC 8 SH	4,162	4,162
TRADE DESK INC 24 SH	2,821	2,821
TRANE TECHNOLOGIES PLC 13 SH	4,802	4,802
TRANSDIGM GROUP INC 6 SH	7,604	7,604
UBER TECHNOLOGIES 52 SH	3,137	3,137
UNION PACIFIC CORP 9 SH	2,052	2,052
VERTIVE HOLDINGS 26 SH	2,954	2,954
WALMART INC 38 SH	3,433	3,433
3M CO 44 SH	5,680	5,680

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

US Government Securities - End of Year Book Value:

US Government Securities - End of Year Fair Market Value:

State & Local Government Securities - End of Year Book Value:

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

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ACCRUED INTEREST		192,166	192,166

- TIN:

TY 2024 LandEtcSchedule2

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
LAND	203,313	0	203,313	200,000
BUILDING & ADDITIONS	3,149,520	1,920,370	1,229,150	3,100,000
OFFICE EQUIPMENT	138,034	120,726	17,308	25,000
FURNISHINGS	341,989	332,551	9,438	200,000

- TIN:

TY 2024 OtherAssetsSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
EXCISE TAX OVERPAYMENT	48,962	89,680	89,680

- TIN:

TY 2024 OtherExpensesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
INSURANCE	29,937	7,484	7,484
OFFICE EXPENSES	31,526	0	28,373
DUES & SUBS	5,768	0	5,768
POSTAGE	464	0	418
TELEPHONE	6,902	690	5,176
PROGRAM EXPENSES	19,592	0	19,592
BANK FEES	337	84	84
LEGAL	2,273	0	0
INVESTMENT FEES	4,955	4,955	0
MISCELLANEOUS	33	0	0

- TIN:

TY 2024 OtherIncreasesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description	Amount
UNREALIZED GAINS	15,487,098

- TIN:

TY 2024 OtherLiabilitiesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description	Beginning of Year - Book Value	End of Year - Book Value
DEFERRED TAXES	144,965	340,696
EXCISE TAX DUE	0	0

- TIN:

TY 2024 TaxesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXCISE TAXES	243,656	0	0	0