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
GAINEY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

20-5632706
B Telephone number (see instructions)

(855) 452-4015
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$50,044,201J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,500,184 1,481,509  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 718,355
b Gross sales price for all assets on line 6a 9,760,932
7 Capital gain net income (from Part IV, line 2)... 718,355
8 Net short-term capital gain......... 0
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........ 2,218,539 2,199,864  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 191,000     191,000
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,500 0 0 1,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
274,290 219,432   54,858
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
57,113 28,025   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
30,274 420   29,854
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 554,177 247,877 0 277,212
25 Contributions, gifts, grants paid....... 1,926,000 1,926,000
26 Total expenses and disbursements. Add lines 24 and 25 2,480,177 247,877 0 2,203,212
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -261,638
b Net investment income (if negative, enter -0-) 1,951,987
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.............      
2 Savings and temporary cash investments......... 1,229,145 1,766,763 1,766,763
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,438,031 Click to see attachment
List of Attached Documents:
// Content
7,981,359 		14,267,369
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 29,517,879 Click to see attachment
List of Attached Documents:
// Content
28,162,866 		33,968,960
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
40,168 		Click to see attachment
List of Attached Documents:
// Content
41,109 		Click to see attachment
List of Attached Documents:
// Content
41,109
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 38,225,223 37,952,097 50,044,201
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   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........ 38,225,223 37,952,097
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)..... 38,225,223 37,952,097
30 Total liabilities and net assets/fund balances (see instructions). 38,225,223 37,952,097
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
38,225,223
2
Enter amount from Part I, line 27a .....................
2
-261,638
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
678
4
Add lines 1, 2, and 3 ..........................
4
37,964,263
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
12,166
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
37,952,097
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 323. AMAZON COM INC COM   2017-02-14 2024-03-21
b 1190. STANDARD & POORS DEPOSITARY RECEIPTS   2014-11-18 2024-03-21
c 88. TRANSDIGM GROUP INC   2018-07-19 2024-03-21
d 996. WAL MART STORES INC COM   2020-07-07 2024-03-21
e 1. ALLERGAN INC COM   1911-11-11 2024-04-29
17869. ISHARES CORE U.S. AGGREGATE BOND ETF   2023-12-27 2024-05-13
844. ALBEMARLE CORP   2020-05-04 2024-07-02
941. CATERPILLAR INC.   2023-02-06 2024-07-02
52215.591 CREDIT SUISSE COMMODITY RETURN   2024-05-13 2024-07-26
1. SPLUNK INC   1911-11-11 2024-09-13
5912. INVESCO S P 500 EQUAL WEIGHT ETF   2024-05-13 2024-09-16
8936.709 CAUSEWAY EMERGING MARKETS INSTL   2016-06-29 2024-10-10
4090. ISHARES CORE U.S. AGGREGATE BOND ETF   2024-09-16 2024-10-10
2001. ISHARES RUSSELL 1000 VALUE E T F   2022-01-31 2024-10-10
358. LULULEMON ATHLETICA INC   2022-08-11 2024-10-10
473. SPDR S P MIDCAP 400 ETF   2011-06-22 2024-10-10
1251. VANGUARD REIT ETF   2019-04-26 2024-10-10
17965. ISHARES CORE U.S. AGGREGATE BOND ETF   2023-12-27 2024-11-20
12225. ISHARES CORE U.S. AGGREGATE BOND ETF   2022-04-22 2024-11-20
1. STERICYCLE INC COMMON STOCK   1911-11-11 2024-12-06
1. WELLS FARGO   1911-11-11 2024-12-06
202. DEERE & CO COM   2023-06-15 2024-12-16
885. NIKE INC. CLASS B   2024-03-21 2024-12-16
1784. VERIZON COMMUNICATIONS   2023-02-10 2024-12-16
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 58,207   25,337 32,870
b 622,871   245,460 377,411
c 107,300   29,039 78,261
d 61,251   40,942 20,309
e 320     320
1,721,764   1,775,773 -54,009
82,191   60,527 21,664
306,875   234,188 72,687
1,143,521   1,227,589 -84,068
70     70
1,039,567   981,827 57,740
107,598   88,742 18,856
405,983   417,116 -11,133
378,949   326,526 52,423
97,085   117,830 -20,745
267,813   82,236 185,577
117,384   101,303 16,081
1,755,940   1,789,066 -33,126
1,194,899   1,256,147 -61,248
284     284
170     170
88,473   81,937 6,536
68,652   89,650 -20,998
73,133   71,342 1,791
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
      60,632
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       32,870
b       377,411
c       78,261
d       20,309
e       320
      -54,009
      21,664
      72,687
      -84,068
      70
      57,740
      18,856
      -11,133
      52,423
      -20,745
      185,577
      16,081
      -33,126
      -61,248
      284
      170
      6,536
      -20,998
      1,791
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 718,355
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 27,133
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 27,133
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 27,133
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 26,808
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 26,808
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 325
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 arrowMN
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 arrow  
14
The books are in care ofright arrowUS BANK NATIONAL ASSOCIATION Telephone no.right arrow (503) 464-4908

Located atright arrow101 EAST FIFTH STREETSAINT PAULMN ZIP+4right arrow55101
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 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)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
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
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
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
DANIEL H GAINEY PRESIDENT & TRESURER
16 		166,000    
817 ARBOLADO ROAD
SANTA BARBARA,CA93103
DIANE P GAINEY VP & SECRETARY
2 		10,000    
817 ARBOLADO ROAD
SANTA BARBARA,CA93103
WILIAM K RODGERS BOARD MEMBER
2 		10,000    
25 WEST PADRE ST
SANTA BARBARA,CA93105
MORGAN GAINEY BOARD MEMBER
2 		5,000    
2206 138TH AVE SE
BELLEVUE,WA98005
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (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
US BANK N A CUSTODIAL SVCS 274,290
P O BOX 64713 TRUST TAX SERVICES
MINNEAPOLIS,MN55111
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right 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
48,685,567
b
Average of monthly cash balances.......................
1b
1,300,307
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
49,985,874
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
49,985,874
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
749,788
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
49,236,086
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,461,804
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
2,461,804
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
27,133
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
27,133
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,434,671
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,434,671
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
2,434,671
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,203,212
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) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,203,212
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 2,434,671
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 2,188,114
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
b From 2020...... 0
c From 2021...... 0
d From 2022...... 0
e From 2023...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,203,212
a Applied to 2023, but not more than line 2a 2,188,114
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 15,098
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 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 .......... 		2,419,573
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 0
e Excess from 2024.... 0
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 e-mail address of the person to whom applications should be addressed:
GAINEY FOUNDATION
PO BOX 30340
SANTA BARBARA,CA931300340
(888) 265-7962
bThe form in which applications should be submitted and information and materials they should include:
LETTER FORMAT
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SUPPORTS PUBLICLY SUPPORTED CHARITABLE ORGANIZATIONS AND 501(C)(3) ORGANIZATIONS. THE FOUNDATION MAY ALSO PROVIDE SCHOLARSHIPS WITH THE SCHOOL AND GEOGRAPHICAL AREA TO BE DETERMINED.
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

GIRLS INC

4800 S MACADAM AVE SUITE 309
PORTLAND,OR97239 		NONE I SCHOLARSHIPS 50,000

NOTES FOR NOTES INC

1718 CHURCH STREET SUITE 300
NASHVILLE,TN37203 		NONE PC GENERAL OPERATING 20,000

ISD 761 FOUNDATION

515 WEST BRIDGE ST
OWATONNA,MN55060 		NONE I SCHOLARSHIPS 80,000

SANTA BARBARA COTTAGE HOSPITAL
FOUNDATION
P O BOX 689
SANTA BARBARA,CA93102 		NONE PC GROTENHUIS CONSTRUCTION 100,000

SANTA YNEZ VALLEY - COTTAGE HOSPITAL FDN

2050 VIBORG ROAD
SOLVANG,CA93463 		NONE PC SCHOLARSHIPS & CAPITAL 170,000

SANTA YNEZ PEOPLE HELPING PEOPLE

PO BOX 1478
SOLVANG,CA93464 		NONE PC HQ CAPITAL CAMPAIGN 50,000

CHANNEL ISLANDS YMCA

1180 EUGENIA PLACE SUITE 104
CARPINTERIA,CA93013 		NONE PC TRANSITIONAL HOUSING 50,000

UNITED BOYS & GIRLS CLUB OF SB

PO BOX 1485
SANTA BARBARA,CA93102 		NONE PC POWER HOUR 50,000

UNIVERSITY OF SANTA BARBARA FOUNDATION

11 CAMINO DEL GALLO
LAMY,NM875409690 		NONE PC COMMUNITY FELLOWS FUND 100,000

SANTA BARBARA EDUCATION FOUNDATION

1528 CHAPALA ST STE 308
SANTA BARBARA,CA931018821 		NONE PC TEACHER GRANTS, DP & 100,000

TRANSITION HOUSE

425 E COTA ST
SANTA BARBARA,CA931011623 		NONE PC HOUSING CASE MGMT PROGRAM 100,000

CASA PACIFICA

1722 SOUTH LEWIS ROAD
CAMARILLO,CA93012 		NONE PC TRANSITIONAL YOUTH SERVICES 50,000

OPERA SANTA BARBARA

1330 STATE ST STE 209
SANTA BARBARA,CA93101 		NONE PC PROGRAM SUPPORT 50,000

HEARTS THERAPEUTIC EQUESTRIAN CENTER

PO BOX 30662
SANTA BARBARA,CA931300662 		NONE PC CAPITAL CAMPAIGN & GENERAL 50,000

SANTA BARBARA NEIGHBORHOOD CLINICS

414 EAST COTA ST 1ST FLOOR
SANTA BARBARA,CA931011624 		NONE PC WESTSIDE CLINIC EQUIPMENT 150,000

SCHOLARSHIP FOUNDATION OF SANTA BARBARA

PO BOX 3620
SANTA BARBARA,CA93130 		NONE I SCHOLARSHIPS 91,000

CHC CENTRAL COAST

2050 S BLOSSER ROAD
SANTA MARIA,CA93458 		NONE PC DENTAL WORKFORCE TRAINING 100,000

SANTA YNEZ PIRATE FOUNDATION

650 ALAMO PINTADO RD STE 203
SOLVANG,CA934632266 		NONE PC TEACHER GRANTS 50,000

REGENTS OF THE UNIVERSITY OF CALIFORNIA

1156 HIGH ST
SANTA CRUZ,CA950641077 		NONE PC SUMMER CONCERT SERIES 10,000

MUSIC ACADEMY OF THE WEST

1070 FAIRWAY DRIVE
SANTA BARBARA,CA931080000 		NONE PC PROGRAM SUPPORT 50,000

BRAILLE INSTITUTE OF AMERICA INC

741 N VERMONT AVENUE
LOS ANGELES,CA900290000 		NONE PC ADULT EDUCATION 50,000

COMMUNITY ARTS MUSIC ASSOCIATION

2060 ALAMEDA PADRE SERRA ST 201
SANTA BARBARA,CA93103 		NONE PC PROGRAM SUPPORT 50,000

LOBERO THEATRE FOUNDATION

33 E CANON PERDIDO ST
SANTA BARBARA,CA931012213 		NONE PC PROGRAM SUPPORT 50,000

SANTA BARBARA SYMPHONY ORCHESTRA ASSOCIA

1330 STATE ST STE 102
SANTA BARBARA,CA931012680 		NONE PC GENERAL OPERATING 50,000

CANCER FOUNDATION OF SANTA BARBARA

601 W JUNIPERO ST
SANTA BARBARA,CA931054213 		NONE PC ONCOLOGY SOCIAL WORK 50,000

SANCTUARY CENTERS

PO BOX 551
SANTA BARBARA,CA93012 		NONE PC CHILD & ADOLESCENT PROGRAM 20,000

SANTA BARBARA BOWL FOUNDATION

1122 N MILPAS ST
SANTA BARBARA,CA931032336 		NONE PC SOLAR POWER PROJECT 150,000

THE TURNER FOUNDATION

300 E CANON PERDIDO A1
SANTA BARBARA,CA93101 		NONE PC GENERAL OPERATING 25,000

STORYTELLER CHILDREN'S CENTER

2020 ALAMEDA PADRE SERRA STE 223
SANTA BARBARA,CA93103 		NONE PC GENERAL OPERATING 10,000
Total .................................right arrow 3a 1,926,000
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
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,500,184  
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 ............ 		    18 718,355  
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) ..   2,218,539  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,218,539
(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:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
GAINEY FOUNDATION
EIN:
20-5632706
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

TY 2024 InvestmentsCorpStockSchedule
Name:
GAINEY FOUNDATION
EIN:
20-5632706
Name of Stock End of Year Book Value End of Year Fair Market Value
893641100 TRANSDIGM GROUP INC 64,339 255,991
91324P102 UNITEDHEALTH GROUP I 169,888 282,270
060505104 BANK OF AMERICA CORP 114,207 236,275
023135106 AMAZON.COM INC 41,977 303,636
931142103 WAL MART STORES INC 102,727 363,749
03027X100 AMERICAN TOWER CORP 259,589 281,718
46625H100 J P MORGAN CHASE CO 114,392 317,376
02079K305 ALPHABET INC CL A 179,186 454,131
57636Q104 MASTERCARD INC 95,004 206,942
037833100 APPLE INC 206,727 1,039,493
012653101 ALBEMARLE CORP    
594918104 MICROSOFT CORP 188,402 1,036,890
56585A102 MARATHON PETROLEUM C 63,568 296,856
375558103 GILEAD SCIENCES INC 124,067 186,403
87612E106 TARGET CORP COM 185,850 206,690
G5960L103 MEDTRONIC PLC 230,858 187,958
437076102 HOME DEPOT INC 200,693 259,456
67066G104 NVIDIA CORP 214,997 2,139,240
65339F101 NEXTERA ENERGY INC 270,061 265,325
550021109 LULULEMON ATHLETICA    
90353T100 UBER TECHNOLOGIES IN 223,578 409,211
697435105 PALO ALTO NETWORKS I 210,987 458,539
09247X101 BLACKROCK INC    
002824100 ABBOTT LABORATORIES 184,700 194,210
00287Y109 ABBVIE INC 231,030 285,564
031162100 AMGEN INC 45,219 48,218
032654105 ANALOG DEVICES INC 186,695 210,123
086516101 BEST BUY CO INC 84,838 85,199
12572Q105 CME GROUP INC 128,403 151,182
149123101 CATERPILLAR INC    
17275R102 CISCO SYSTEMS INC 112,371 140,955
20030N101 COMCAST CORP CLASS A 243,875 230,209
20825C104 CONOCOPHILLIPS 83,092 72,097
244199105 DEERE CO.    
438516106 HONEYWELL INTL INC 182,887 205,108
502431109 L3HARRIS TECHNOLOGIE 220,026 225,000
559222401 MAGNA INTL INC CL 88,916 56,751
609207105 MONDELEZ INTL INC CL 167,038 148,967
617446448 MORGAN STANLEY COM N 270,603 351,387
717081103 PFIZER INC 140,664 106,783
74340W103 PROLOGIS INC COM 287,939 248,924
747525103 QUALCOMM INC COM 91,643 113,525
855244109 STARBUCKS CORP COM 132,350 114,884
882508104 TEXAS INSTRUMENTS IN 229,650 240,388
907818108 UNION PACIFIC CORP 55,726 62,027
911312106 UNITED PARCEL SERVIC 118,217 83,730
92343V104 VERIZON COMMUNICATIO    
92826C839 VISA INC 90,496 124,520
G1151C101 ACCENTURE PLC IRELAN 296,067 348,624
G54950103 LINDE PLC SHS 79,345 100,481
09290D101 BLACKROCK INC COM 273,516 402,868
11135F101 BROADCOM INC 94,049 132,149
166764100 CHEVRON CORP COM 133,674 124,707
237194105 DARDEN RESTAURANTS I 93,905 118,922
30303M102 FACEBOOK INC A 94,179 108,319
482480100 KLA CORPORATION 102,543 97,669
806857108 SCHLUMBERGER LTD COM 176,606 145,730

TY 2024 InvestmentsOtherSchedule2
Name:
GAINEY FOUNDATION
EIN:
20-5632706
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
524686524 CLEARBRIDGE INTERNAT      
46432F842 ISHARES CORE MSCI EA AT COST 2,361,824 2,407,582
99MINBEL9 VARIOUS MINERAL INTE AT COST 14 14
464287465 ISHARES MSCI EAFE ET AT COST 1,658,583 2,231,478
78462F103 SPDR S P 500 ETF TRU AT COST 331,183 1,110,622
78467Y107 SPDR S P MIDCAP 400 AT COST 578,538 1,940,559
922908553 VANGUARD REAL ESTATE AT COST 777,912 957,521
464287499 ISHARES RUSSELL MID AT COST 2,106,523 2,631,756
808524847 SCHWAB US REIT ETF AT COST 856,809 901,178
46434G103 ISHARES CORE MSCI EM AT COST 1,729,857 1,877,727
74440B884 PGIM TOTAL RETURN BO AT COST 1,315,201 1,225,506
04314H568 ARTISAN HIGH INCOME AT COST 2,402,832 2,304,085
024524217 AMERICAN BEACON STEP AT COST 1,221,211 1,557,092
464287473 ISHARES RUSSELL MIDC AT COST 1,241,970 1,471,501
861728400 STONE RIDGE HY REINS AT COST 1,317,119 1,421,853
149498107 CAUSEWAY EMERGING MA AT COST 838,021 918,195
464288877 ISHARES MSCI EAFE VA AT COST 988,387 1,114,830
464287655 ISHARES RUSSELL 2000 AT COST 1,125,405 1,358,904
464287804 ISHARES CORE S P SMA AT COST 359,480 1,171,787
464287226 ISHARES CORE U.S. AG AT COST 2,107,954 2,016,489
464287598 ISHARES RUSSELL 1000 AT COST 1,668,694 1,982,372
464287432 ISHARES 20 YEAR TREA AT COST 508,729 491,319
52470V822 WESTERN ASSET INCOME AT COST 1,017,530 1,013,508
52471E258 CLEARBRIDGE INTERNAT AT COST 629,808 857,453
922042742 VANGUARD TOTAL WORLD AT COST 1,019,282 1,005,629

TY 2024 OtherAssetsSchedule
Name:
GAINEY FOUNDATION
EIN:
20-5632706
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
000000000 MISCELLANEOUS ENTRY 40,168 41,109 41,109


TY 2024 OtherDecreasesSchedule
Name:
GAINEY FOUNDATION
EIN:
20-5632706
Description Amount
ROC ON CY SALES 771
PY RETURN OF CAPITAL ADJUSTMENT 11,395


TY 2024 OtherExpensesSchedule
Name:
GAINEY FOUNDATION
EIN:
20-5632706
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE EXPENSE 8,250 0   8,250
STATE FILING FEE/TAX 25 0   25
OWATONNA HS MEDAL ENGRAVING 25 0   25
FEES - MINERAL INTERESTS 420 420   0
PAYROLL TAXES 20,195 0   20,195
ADMIN FEES 1,359 0   1,359


TY 2024 OtherIncreasesSchedule
Name:
GAINEY FOUNDATION
EIN:
20-5632706
Description Amount
COST BASIS ADJUSTMENT 678


TY 2024 OtherProfessionalFeesSchedule
Name:
GAINEY FOUNDATION
EIN:
20-5632706
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE 274,290 219,432   54,858


TY 2024 TaxesSchedule
Name:
GAINEY FOUNDATION
EIN:
20-5632706
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 17,866 17,866   0
FEDERAL TAX PAYMENT - PRIOR YE 2,280 0   0
FEDERAL ESTIMATES - PRINCIPAL 26,808 0   0
FOREIGN TAXES ON NONQUALIFIED 10,159 10,159   0