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 06-01-2024 , and ending 05-31-2025
Name of foundation
C E RICHARDSON BENEVOLENT FOUNDATION
 
% Ruth S Looney
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1120
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PULASKI, VA243011120
A Employer identification number

51-0227549
B Telephone number (see instructions)

(540) 980-6628
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$7,106,139J 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... 178,038 178,038 0
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
52,895
b Gross sales price for all assets on line 6a 187,987
7 Capital gain net income (from Part IV, line 2)... 52,895
8 Net short-term capital gain......... 58
9 Income modifications........... 0
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0 0
11 Other income (attach schedule)....... 0 0 0
12 Total. Add lines 1 through 11........ 230,933 230,933 58
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 20,000 5,000 0 15,000
14 Other employee salaries and wages...... 8,221 2,740 0 5,481
15 Pension plans, employee benefits....... 0 0 0 0
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... 0 0 0 0
c Other professional fees (attach schedule).... 0 0 0 0
17 Interest............... 0 0 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
4,092 337 0 674
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
29 10 0
20 Occupancy.............. 1,200 400 0 800
21 Travel, conferences, and meetings....... 0 0 0 0
22 Printing and publications.......... 40 0 0 40
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
2,467 822 0 1,645
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 36,049 9,309 0 23,640
25 Contributions, gifts, grants paid....... 316,500 316,500
26 Total expenses and disbursements. Add lines 24 and 25 352,549 9,309 0 340,140
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -121,616
b Net investment income (if negative, enter -0-) 221,624
c Adjusted net income (if negative, enter -0-)... 58
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............. 2,414 3,809 3,809
2 Savings and temporary cash investments......... 66,971 44,499 44,499
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0  
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow   0 0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 100 519 519
10a Investments—U.S. and state government obligations (attach schedule)   0  
b Investments—corporate stock (attach schedule)....... 1,525,578 Click to see attachment
List of Attached Documents:
// Content
1,425,368 		7,057,312
c Investments—corporate bonds (attach schedule).......   0  
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 29 0 0
15 Other assets (describe right arrow) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,595,092 1,474,195 7,106,139
Liabilities 17 Accounts payable and accrued expenses.......... 713 1,374
18 Grants payable................. 0 0
19 Deferred revenue................. 0 0
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 713 1,374
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........ 2,852,532 2,852,532
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds -1,258,153 -1,379,711
29 Total net assets or fund balances (see instructions)..... 1,594,379 1,472,821
30 Total liabilities and net assets/fund balances (see instructions). 1,595,092 1,474,195
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
1,594,379
2
Enter amount from Part I, line 27a .....................
2
-121,616
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
58
4
Add lines 1, 2, and 3 ..........................
4
1,472,821
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,472,821
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 Public Traded Securities P 2005-11-14 2024-10-03
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 187,987 0 135,092 52,895
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       52,895
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 52,895
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 58
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 3,081
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 3,081
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,081
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 3,500
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 419
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11 419
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowVA
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 arrowNone
14
The books are in care ofright arrowRuth S Looney Telephone no.right arrow (540) 980-6628

Located atright arrowPO BOX 1120PULASKIVA ZIP+4right arrow243011120
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Phillip M BakerClick to see attachment
List of Attached Documents:
// Content
Trustee
2.00 		5,000 0 0
5673 Howell Drive
Dublin,VA24084
Mark S BucklandClick to see attachment
List of Attached Documents:
// Content
Trustee
2.00 		5,000 0 0
5424 Ridgeview Way
Dublin,VA24084
James D MillerClick to see attachment
List of Attached Documents:
// Content
Trustee Emeritus
2.00 		5,000 0 0
13304 Cambridge Village Loop
Apex,NC27502
Ruth S LooneyClick to see attachment
List of Attached Documents:
// Content
Manager & Trustee
6.00 		13,221 0 0
5948 Lyons Road
Dublin,VA24084
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 Grants were awarded to 50 non-profit public charitable applicants in Virginia 316,500
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 NONE  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
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
6,924,485
b
Average of monthly cash balances.......................
1b
44,036
c
Fair market value of all other assets (see instructions)................
1c
500
d
Total (add lines 1a, b, and c).........................
1d
6,969,021
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) Click to see attachment
List of Attached Documents:
// Content
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
6,969,021
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
104,535
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,864,486
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
343,224
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
343,224
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
3,081
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
0
c
Add lines 2a and 2b............................
2c
3,081
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
340,143
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
340,143
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
340,143
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
340,140
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) Click to see attachment
List of Attached Documents:
// Content
.................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
340,140
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 7 340,143
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022...... 368
e From 2023......  
f Total of lines 3a through e ........ 368
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 340,140
a Applied to 2023, but not more than line 2a 0
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..... 340,140
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024. 3 3
(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 5 365
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 .......... 		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) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		365
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 365
d Excess from 2023....  
e Excess from 2024....  
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).)
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:
Ruth S Looney
P O Box 1120
135 Fourth Street N W
Pulaski,VA243011120
(540) 980-6628
cerichardsonfoundation@gmail.com
bThe form in which applications should be submitted and information and materials they should include:
An application for a grant is made by submitting a completed "Application for Grant Funds" form which can be obtained from the Foundations Office. Applications are accepted once a year after published public notice has been given. Applications will include Applicants Name Address Type of legal entity Employer Identification Number copy of Determination Letter from IRS month accounting period ends date incorporated management and board members names and addresses IRS tax return amount requested up to $10,000 limit specific use of money including group of people to benefit Articles of Incorporation Annual Financial Report and Current Budget.
cAny submission deadlines:
9 16 2024
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Grants are limited to a $10,000 request. Non-Profit organizations must be located in a geographical area in a corridor thirty miles west and thirty miles east of Interstate 81 from Lexington Virginia to Abingdon Virginia. Private colleges and universities are excluded from this geographical limitation and are eligible for grant consideration.
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

American National Red Cross

352 Church Avenue SW
Roanoke,VA24016 		No Relationship PC To provide fundamental emergency services: direct cash assistance for families to identify their most urgent needs securing food and preventing immediate homelessness by providing lodging for the family whose home burned down; providing cleanup supplies to families whose basement flooded; providing immediate psychological care and comfort and new toys to children and installing smoke alarms. 10,000

Belview Chuch Inc Helping Hands Ministry

3619 Onyx Drive
Radford,VA24141 		No Relationship PC Monthly events provide clothing cleaning supplies personal and household items to help families in the community. Families register and then attend where they are provided a meal allowed to shop for clothing and household items. On checkout they are give a standard box of supplies which includes laundry detergent dishwashing liquid disinfectant spray all-purpose cleaner hand soap trash bags disinfecting wipes toilet paper and paper towels. Personal hygiene items are also available. 3,236

Childrens Assistive Technology Ser

12801 Moneta Road
Moneta,VA24121 		No Relationship PC Grant funds will be use for cleaning supplies to prepare two hundred additional pieces of equipment for the purchase of replacement parts and for fuel and maintenance on their van as the organization provides no-cost assistive technology to children with physical neurological and development disabilities across Virginia enhancing their health communication and independence. 8,000

Childrens Trust Foundation Roanoke Valley Inc

4519 Brambleton Avenue
Suite 110
Roanoke,VA24018 		No Relationship PC Grant funding will be used to sustain the CASA Court Appointed Special Advocates program and ensure that effective services are provided to the children who have already endured traumatic catastrophic and life-altering events in their lives. These funds will help support CASA programming expenses including recruiting training mileage and supervising the vital work of their CASA volunteers. This will help secure opportunities for healthy growth healing and the placement of children in safe homes. 3,000

Dublin United Methodist Church

P O Box 577
Dublin,VA24084 		No Relationship PC To help fund the purchase of food for the Backpack Program which benefits approximately 130 children at Dublin Elementary School. The backpacks are distributed weekly. 10,000

Fairlawn Volunteer Fire Department

7187 Warden Court
Fairlawn,VA24141 		No Relationship PC To purchase 9 Motorola Mintor 7 Pagers with a 3-year warranty. 5,978

Fellowship of Christian Athletes

P O Box 296
Blacksburg,VA24063 		No Relationship PC Grant funds wil be used to support the operating funds for Dave as FCA Metro Area Director and Football Chaplain as he shares the Gospel with both the athletes and the coaches as they journey with Jesus. 10,000

Free Clinic of Pulaski County Inc

P O Box 1088
Pulaski,VA24301 		No Relationship PC To provide for pharmaceutical needs: medications diabetic supplies and in support of a part-time nurse practitioner. 5,500

Hollins University

P O Box 9625
Roanoke,VA24020 		No Relationship PC To provide current students financial assistance who wish to participate in an internship placement. This grant will cover transportation food and housing for students during their internships. 2,000

InStill Mindfulness

P O Box 108
Pulaski,VA24301 		No Relationship PC InStill Mindfulness is delivering a comprehensive training program to provide stress management strategies life skills and resiliency skills for Correctional Officers and Nursing Staff at New River Valley Regional Jail designed to enhance overall wellness and enable peak performance. 3,992

Joy Ranch Inc

813 Joy Ranch Road
Woodlawn,VA24381 		No Relationship PC Grant funds will be used to purchase two sets of washers and dryers. A set will be placed in each of the childrens cottages. They average washing about fifty loads of clothes a week. The children are taught how to sort clothes and use the machines to wash their clothes and bed linens 2,300

Jordans Chapel Feed My Lambs

2858 Old Route 100 Road
Draper,VA24324 		No Relationship PC To purchase food that will be included in backpacks for students at Critzer and Pulaski Elementary. They expect to prepare over 380 backpacks each week. These students have been identified by the guidance counselors as maybe at risk of not having enough to eat on weekends and over holiday breaks. Parental permission is required for a child to participate. Each backpack contains two breakfasts two lunches three dinners three snacks and one drink. 10,000

Lutheran Family Services of VA

2965 Colonnade Drive
Suite 310
Roanoke,VA24018 		No Relationship PC The Minnick School hopes to launch a Culinary Arts and Life Skills Program to empower their students. Specific use of funds: iCEV Culinary Arts Program $2750; SerSafe training for students $50 per student x 10 students $500; Culinary program supplies food and ingredients $2000. 5,250

New River Comm Action Inc Home to Stay

206 Third Avenue
Radford,VA24141 		No Relationship PC This program assists those people who do not fall into one of New River Community Actions other programs. For example one elderly lady was hospitalized with heart issues from a problem in her house. The hospital contacted NRCA and this program funded the repair of the ladys home and she returned to her "Home To Stay." 2,000

New River Comm Coll Ed Found

5251 College Drive
Dublin,VA24084 		No Relationship PC To provide tuition assistance to graduating Pulaski County High School students attending New River Community College. 25,000

New River Family Shelter Inc

PO Box 207
Blacksburg,VA24063 		No Relationship PC To provide temporary emergency shelter for families and problem solving conversations to those seeking housing solutions. 3,000

New River Historical Society

P O Box 373
Newbern,VA24126 		No Relationship PC Grant funds would support the following educational programs: America 250 Programming History of Claytor Lake Water Tours Collaboration with Friends of Peak Creek Continuation of seasonal events with costumed living historians History Humpdays Continuation of "It Takes a Village" Programs that Celebrate History Summer History Camp and Book Talk Lecture Series 5,000

New River Valley Senior Services Inc

44 Third Street NW
Pulaski,VA24301 		No Relationship PC Grant will be used to provide the residents of the New River Valley with non-emergency medical transportation. The target population is individuals with no other transportation options uninsured or underinsured and those who cannot access public transportation. 10,000

Newbern Village Center Incorporated

5254 Wilderness Road
Dublin,VA24084 		No Relationship PC Grant will be used to continue the work on the Newbern Community Center including work to repair the end wall facing parking lot side wall at ramp and restrooms. 10,000

Newbern Volunteer Fire Department

P O Box 328
Newbern,VA24126 		No Relationship PC Grant will be used to purchase new Personal Protective Gear for their firefighters. Each set of Structural Gear costs about $2,750. This gear has a duty cycle of 10 years or less as mandated by OSHA. 8,000

Pulaski Adult Day Service & Fall Prevention Center Inc

P O Box 877
211 Fifth Street
Dublin,VA24084 		No Relationship PC Grant will be used to purchase food for older adults attending the Adult Day Service. 10,000

Pulaski County Christmas Store Inc

P O Box 2227
Pulaski,VA24301 		No Relationship PC This organization provides Christmas for 540 children. All receive an outfit and a book and parents receive one hundred points to spend on other items the child would like. Funds are used to purchase gifts for the children. 5,000

Pulaski County Board of Supervisors Pulaski County Library

60 Third Street NW
Pulaski,VA24301 		No Relationship PC The Pulaski County Library has partnered with the Dolly Parton Foundation to provide a free monthly book to every Pulaski County child between the ages of 0 and 4. The Dolly Parton Foundation has a team of experts that chooses high quality books for each age group. Roughly 1,500 children qualify which will total $39,600 per year at full enrollment. 56% of children in Pulaski County are enrolled. 5,000

Pulaski Daily Bread Inc

P O Box 824
Pulaski,VA24301 		No Relationship PC Grant will be used to purchase food and supplies to use in the preparation and serving of a free noon-day hot meal Monday through Friday for those individuals who feel they need nourishment and present themselves and their families to their facility. 7,000

Radford University Foundation Inc

P O Box 6915
Radford,VA24142 		No Relationship PC Grant funds will be used for the support of their Highlander Career Readiness Fund. Housed in the Center for Career and Talent Development The Readiness Fund is designed to provide career-related resources to underrepresented students and first-generation students to gain access to more internships resources for career assessments coordinate off campus career treks and help with the Career Closet provide professional dress clothing to assist with the interview process. 7,500

Special Olympics Virginia Inc

3212 Skipwith Road
Suite 100
Richmond,VA23294 		No Relationship PC Grant will be used to provide 22 scholarships for Special Olympics athletes from the Southwest Virginia communities so they can participate in state-level games. Funds cover hotels meals medals and ribbons the Opening Ceremony a Victory dance Olympic Town Supplies Healthy Athletes clinics facility and equipment rental program supplies and non-capitalized equipment purchase. 5,000

T G Howard Community Center Inc

P O Box 1415
Pulaski,VA24301 		No Relationship PC Grant funds will be used to support the Academy of Excellence Program for Youth & Outreach Initiatives. 4,000

Town of Dublin Volunteer Fire Department

P O Box 699
Dublin,VA24084 		No Relationship PC Grant funds will be used to replace turnout gear for the firefighters. 10,000

Town of Pulaski Pulaski Volunteer Fire Department

117 N Jefferson Avenue
Pulaski,VA24301 		No Relationship PC Grant funds will be used to purchase 2 Electric Vehicle Fire Blankets. These blankets are used to assist firefighters in fire suppression with the new Electric Vehicles. 4,744

Virginia Foundation for Independent Colleges

901 East Byrd Street
Suite 1625
Richmond,VA23219 		No Relationship PC Grant funds will support library acquisitions for seventeen independent colleges and universities within their consortium. 5,000

Virginia Tech Foundation Inc

143 Third Street NW
Suite 3
Pulaski,VA24301 		No Relationship PC Grant funds will be used to support the purchase of program equipment and materials for 4-H groups across Pulaski County. 10,000

Warm Hearth Foundation Inc

2603 Warm Hearth Drive
Blacksburg,VA24060 		No Relationship PC Grant funds will be used to support residents at Warm Hearth Village who cannot afford to pay the cost of their housing and health care. 27 Seniors get subsidies. These funds will provide the cost of meals for a resident for one month which is $352. Grant funds will provide 10 months of meals for three residents which receive charitable support at the Kroontje Health Care Center. 5,000

Young Life

117A Third Avenue
Radford,VA24141 		No Relationship PC Grant funds will be used for leader development and training travel and conferences program costs and camp transportation fund. 6,000

Calfee Community And Cultural Cen

P O Box 62
Pulaski,VA24301 		No Relationship PC Grant funds will be used to subsidize tuition costs for disadvantaged families in their three new childcare classrooms. 5,000

City of Refuge Pulaski Inc

249 Dora Highway
Pulaski,VA24301 		No Relationship PC To help fund the COR After-School Enrichment Program year-long after-school program for 3rd through 8th grade students. Included materials for Culinary Arts Drama Art Music Foreign Language Cross Fit Training and Vocational Training Classes. Also used to help assist with maintenance and fuel for their two 15 passenger vans. 4,000

DePaul Community Resources

106 N Franklin Street
Christiansburg,VA24073 		No Relationship PC The funding will provide critical program support for their foster care team to recruit train and certify nurturing foster families in the region to provide loving therapeutic homes to children in need and provide emergency aid for children when their foster families cannot access or afford needed services and support. 5,000

Easter Seals UCP NC and VA Inc

6711 Peters Creek Road
Roanoke,VA24019 		No Relationship PC To provide financial aid to 2025 camp applicants according to need and as determined by household income. All funds will support children with a physical and or intellectual disability and in financial need. 5,000

Emergency Needs Task Force of Pulaski County

PO Box 1422
Pulaski,VA24301 		No Relationship PC To provide non-discriminating emergency assistance to the citizens of the Town and County of Pulaski whose income is 200% of the poverty level or lower. Assistance is provided for shelter electric water heating fuel non-narcotic prescriptions infant needs and food. 10,000

Feeding Southwest Virginia

1025 Electric Road
Salem,VA24153 		No Relationship PC To provide support for their 21 Food Distribution Programs that collects inspects and distributes millions of pounds of purchased and donated food annually throughout a 12,400 square mile service region to nourish and holistically support the children seniors working individuals and low-income families of Southwest Virginia. 10,000

Heritage ChurchHeritage Cares Fo

P O Box 1565
Dublin,VA24084 		No Relationship PC To provide funds to help operate their food bank which distributes food to those in need in the immediate community and surrounding areas every Thursday. Grant funds will be used to purchase Non-USDA food from Feeding Southwest Virginia and other sources where less expensive foods can be purchased. 3,000

Fine Arts Center for the New River Vallley Inc

P O Box 309
Pulaski,VA24301 		No Relationship PC To provide for childrens art workshops and events to pay the Scholastic Affiliate Fee and annual reception and local scholarships for Scholastic Art Winners 6,000

Friends of Peak Creek Inc

P O Box 1024
Pulaski,VA24301 		No Relationship PC Funds will support their Family Fun Day in 2024 Fall Season. They will purchase equipment and materials for hands on educational outreach for children to learn about stream ecology. Equipment needed for streamside lessons alone includes aqua scopes student grade kick nets aquatic thermometers laminated field guides entomology tweezers hand magnifiers a portable table a brock magi scope and supporting miscellaneous materials. This event is open to all children. 2,000

Literacy Volunteers of the New Rive

195 W Main Street
Christiansburg,VA24073 		No Relationship PC Grant funds will be used to start a 10-week English for Life Program in partnership with the Pulaski County Youth Center. This class will focus on English Language Skills to support workforce development services and address labor shortages. The class will be offered to residents at no charge and all resources will be provided including child care and a community dinner. 2,500

New River Com Act To Our House

206 Third Avenue
Radford,VA24141 		No Relationship PC To provide a place to sleep for 14 homeless individual adults during the winter months also non-opioid medications bus tickets to out of area housing opportunities and guest supplies cots sheets towels etc. and or shelter space. 5,000

New River Valley Child Advocacy

201 West Main Street
Office B1
Christiansburg,VA24073 		No Relationship PC Funds will be used to support programs that hopefully prevent child abuse including Community Education Parent Education and CASA Court Appointed Special Advocate and to support staff pay travel reimbursement postage and printing costs incurred during service provision for Pulaski County residents. 4,000

Pulaski County for the 27th District Court Service Unit Department of Juven

55 Commerce Street
Pulaski,VA24301 		No Relationship PC These funds provide incentives to juveniles as they endeavor to make positive changes in their lives often under very difficult circumstances. The funds have provided necessary services supplies or equipment to assist court-involved Youth to become successful and responsible citizens. 1,000

Pulaski County School Board Dublin Elementary Fifth Grade

600 Dunlap Road
Dublin,VA24084 		No Relationship PC Grant funds will be used to assist those fifth graders who cannot afford to participate in the Jamestown and Williamsburg Field Trip in the spring of 2025. On this trip the fifth graders will explore firsthand the Virginia history that they have learned in the 4th and 5th grades. 5,000

Pulaski County School Board H S Choral Dept

5414 Cougar Trail Road
Dublin,VA24084 		No Relationship PC Grant funds will be used to purchase classroom materials cover registration fees and assist with performance related costs. The grant will also go a long way in helping them pay for transportation costs such as fuel drivers and food. 2,500

YMCA of Pulaski County Inc

615 Oakhurst Avenue
Pulaski,VA24301 		No Relationship PC Grant funds will be used to support staffing for their Active Older Adults Program Monday -- Friday from 9:00 a.m. -- 12:00 noon. 10,000

Southwest Virginia Veterans Cemetery Volunteers Inc

P O Box 11373
Blacksburg,VA24060 		No Relationship PC Grant will be used to support the construction of the Veterans Memorial Tower at the entrance of the cemetery. The tower will serve as a permanent memorial to all Veterans that have served in the United States Military. 10,000
Total .................................right arrow 3a 316,500
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a     0   0 0
b     0   0 0
c     0   0 0
d     0   0 0
e     0   0 0
f     0   0 0
    0   0 0
gFees and contracts from government agencies          
2 Membership dues and assessments ....   0   0 0
3 Interest on savings and temporary cash
investments ........... 		  0   0 0
4 Dividends and interest from securities ....   0 14 178,038 0
5 Net rental income or (loss) from real estate:
aDebt-financed property......   0   0 0
bNot debt-financed property.....   0   0 0
6 Net rental income or (loss) from personal property   0   0 0
7 Other investment income .....   0   0 0
8 Gain or (loss) from sales of assets other than
inventory ............ 		  0   0 0
9 Net income or (loss) from special events:   0   0 0
10 Gross profit or (loss) from sales of inventory   0   0 0
11 Other revenue:
a   		  0   0 0
b     0   0 0
c     0   0 0
d     0   0 0
e     0   0 0
12 Subtotal. Add columns (b), (d), and (e) .. 0 178,038 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
178,038
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


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


Software ID: 24020569
Software Version: V2.0


Form 990PF - Special Condition Description:
Special Condition Description

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

TY 2024 DepreciationSchedule
Name:
C E RICHARDSON BENEVOLENT FOUNDATION
EIN:
51-0227549
Software ID:
24020569
Software Version:
V2.0
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Printer 2020-11-05 158 129 Straight Line 5.000000 29 10 0  

TY 2024 InvestmentsCorpStockSchedule
Name:
C E RICHARDSON BENEVOLENT FOUNDATION
EIN:
51-0227549
Software ID:
24020569
Software Version:
V2.0
Name of Stock End of Year Book Value End of Year Fair Market Value
Osaic Account Corporate Stock Allstate Corporation 6,019 194,340
Osaic Account Corporate Stock American Electric Power Inc 30,680 198,701
Osaic Account Corporate Stock A T & T Inc 90,425 151,983
Osaic Account Corporate Stock Bank of America Corporation 36,985 182,345
Osaic Account Corporate Stock Bristol Myers Squibb Company 12,216 38,624
Osaic Account Corporate Stock Capital One Financial Corporation 16,873 1,278,276
Osaic Account Corporate Stock Discover Financial 0 0
Osaic Account Corporate Stock Dominion Energy Inc 32,185 56,670
Osaic Account Corporate Stock Duke Energy Corporation 18,323 47,088
Osaic Account Corporate Stock Exxon Mobil Corporation 25,515 94,525
Osaic Account Corporate Stock First Energy Corporation 31,505 72,724
Osaic Account Corporate Stock Home Depot Inc 39,426 368,290
Osaic Account Corporate Stock Morgan Stanley & Company 3,968 99,863
Osaic Account Corporate Stock Pfizer Inc 13,610 77,517
Osaic Account Corporate Stock Shell PLC 16,185 52,976
Osaic Account Corporate Stock Truist Financial Corporation 56,231 266,151
Osaic Account Corporate Stock Wells Fargo & Company 29,144 65,507
Osaic Account Mutual Funds Hartford Mut Fds Inc Midcap FD CL A 332,757 295,333
Edward Jones Account Corporate Stock Ashland Inc 0 12,873
Edward Jones Account Corporate Stock Atmos Energy Corporation 24,750 154,680
Edward Jones Account Corporate Stock Boston Properties Inc 14,565 26,932
Edward Jones Account Corporate Stock Bristol-Myers Squibb Company 49,781 43,452
Edward Jones Account Corporate Stock Campbell Soup Company 48,642 57,868
Edward Jones Account Corporate Stock Chevron Corporation 47,397 136,700
Edward Jones Account Corporate Stock Essex Property Trust Inc 29,225 198,730
Edward Jones Account Corporate Stock Home Depot Inc 40,149 288,739
Edward Jones Account Corporate Stock Lowes Companies Inc 43,394 814,208
Edward Jones Account Corporate Stock Merck & Company Inc 12,415 17,980
Edward Jones Account Corporate Stock Valvoline Inc 0 24,663
Edward Jones Account Corporate Stock Kimco Realty Corp 0 53,873
Osaic Account Corporate Stock Comcast Corporation 4,825 59,944
Osaic Account Corporate Stock General Mills Inc 55,459 108,520
Osaic Account Corporate Stock Novartis AG 20,292 57,880
Edward Jones Account Corporate Stock Bank of America 12,652 369,633
Osaic Account Corporate Stock Verizon Communications Company 55,849 145,947
Osaic Account Mutual Funds Vanguard Treasury MM Funds 34,882 34,882
Osaic Account Corporate Stock Sandoz Group AG 1,119 5,064
Edward Jones Account Corporate Stock Norfolk Southern Corporation 42,415 555,773
Osaic Account Corporate Stock Everus Construction Group Inc. 4,443 74,357
Edward Jones Account Corporate Stock Organon & Co 485 212
Osaic Account Corporate Stock C V S Health Corporation 81,118 64,360
Osaic Account Corporate Stock M D U Resources Group Inc 5,216 88,305
Osaic Account Corporate Stock Knife River Holding Company 4,248 120,824

TY 2024 LandEtcSchedule2
Name:
C E RICHARDSON BENEVOLENT FOUNDATION
EIN:
51-0227549
Software ID:
24020569
Software Version:
V2.0
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Office Equipment 29 0 0 0


TY 2024 OtherExpensesSchedule
Name:
C E RICHARDSON BENEVOLENT FOUNDATION
EIN:
51-0227549
Software ID:
24020569
Software Version:
V2.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Supplies and Postage 454 151 0 303
Miscellaneous 489 163 0 326
Telephone and Internet Service 1,524 508 0 1,016


TY 2024 OtherIncreasesSchedule
Name:
C E RICHARDSON BENEVOLENT FOUNDATION
EIN:
51-0227549
Software ID:
24020569
Software Version:
V2.0
Description Amount
Short-Term Capital Gain 58


TY 2024 TaxesSchedule
Name:
C E RICHARDSON BENEVOLENT FOUNDATION
EIN:
51-0227549
Software ID:
24020569
Software Version:
V2.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Payroll 1,011 337 0 674
Excise Tax 3,081 0 0 0