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
WHEELER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 305
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RANKIN, IL60960
A Employer identification number

61-1445596
B Telephone number (see instructions)

(217) 397-2901
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$33,624,935J 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) 61,392
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 674,169 674,169  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 978,381
b Gross sales price for all assets on line 6a 13,355,181
7 Capital gain net income (from Part IV, line 2)... 978,381
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
530,464 530,464  
12 Total. Add lines 1 through 11........ 2,244,406 2,183,014  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 5,450 2,725   2,725
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
1,710 855   855
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
13,860 6,930   6,930
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
87,546 87,546   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
26,431 678   130
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
24,422 24,422  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
196,805 179,939   16,866
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 356,224 303,095   27,506
25 Contributions, gifts, grants paid....... 2,306,542 2,306,542
26 Total expenses and disbursements. Add lines 24 and 25 2,662,766 303,095   2,334,048
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -418,360
b Net investment income (if negative, enter -0-) 1,879,919
c Adjusted net income (if negative, enter -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............. 137,645    
2 Savings and temporary cash investments.........   412,123 412,123
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).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 2,253,721 Click to see attachment
List of Attached Documents:
// Content
1,900,839 		1,899,813
b Investments—corporate stock (attach schedule)....... 17,426,405 Click to see attachment
List of Attached Documents:
// Content
15,020,996 		17,321,187
c Investments—corporate bonds (attach schedule)....... 1,502,605 Click to see attachment
List of Attached Documents:
// Content
3,739,530 		3,649,723
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).......... 147,646 0 0
14 Land, buildings, and equipment: basis right arrow2,301,069
Less: accumulated depreciation (attach schedule) right arrow684,168 1,641,323 Click to see attachment
List of Attached Documents:
// Content
1,616,901 		10,342,089
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 23,109,345 22,690,389 33,624,935
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 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........... 23,109,345 22,690,389
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 23,109,345 22,690,389
30 Total liabilities and net assets/fund balances (see instructions). 23,109,345 22,690,389
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
23,109,345
2
Enter amount from Part I, line 27a .....................
2
-418,360
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
22,690,985
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
596
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
22,690,389
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 SWM #6849      
b SCHWAB #8756      
c CAPITAL GAINS DIVIDENDS P    
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 10,830,765   10,224,152 606,613
b 2,496,132   2,152,648 343,484
c 28,284     28,284
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       606,613
b       343,484
c       28,284
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 2 978,381
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 26,131
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 26,131
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 26,131
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 25,320
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 30,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 55,320
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 74
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 29,115
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow29,115 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIL
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 arrowWWW.WHEELERFOUNDATION.ORG
14
The books are in care ofright arrowLYNN MAGERS Telephone no.right arrow (217) 397-2901

Located atright arrowPO BOX 305RANKINIL ZIP+4right arrow60960
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
CHRISTINE MCTAGGERT DIRECTOR
1.00 		200 0 0
700 EAST ELM STREET
WATSEKA,IL60970
LYNN MAGERS TREASURER
2.00 		1,300 0 0
PO BOX 195
RANKIN,IL60960
DENNIS WEBER DIRECTOR
1.00 		300 0 0
210 S GUTHRIE
RANKIN,IL60960
HEATHER LANE SECRETARY
2.00 		1,800 0 0
30462 GILBERT ST
ARMSTRONG,IL61812
BOB SWIRES PRESIDENT
5.00 		1,300 0 0
10213 E 2600 N ROAD
POTOMAC,IL61865
SARAH WILSON DIRECTOR
1.00 		300 0 0
408 W WINTER AVE
DANVILLE,IL61832
JERRY MCGLAUGHLIN DIRECTOR
1.00 		250 0 0
109 MCCARTY STREET
MUNCIE,IL61857
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
NONE
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 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
23,175,414
b
Average of monthly cash balances.......................
1b
566,207
c
Fair market value of all other assets (see instructions)................
1c
10,342,089
d
Total (add lines 1a, b, and c).........................
1d
34,083,710
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
34,083,710
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
511,256
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
33,572,454
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,678,623
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
1,678,623
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
26,131
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
26,131
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,652,492
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,652,492
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
1,652,492
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
2,334,048
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
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,334,048
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 1,652,492
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 345,457
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......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,334,048
a Applied to 2023, but not more than line 2a 345,457
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..... 1,652,492
e Remaining amount distributed out of corpus 336,099
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 5 336,099
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) ....... 		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 ...... 		336,099
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024.... 336,099
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:
LYNN MAGERS
PO BOX 305
RANKIN,IL60960
(217) 397-2901
bThe form in which applications should be submitted and information and materials they should include:
WRITTEN APPLICATION
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NO RESTRICTIONS
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

COVINGTON COMMUNITY SCHOOL CORPORATION

601 MARKET STREET
COVINGTON,IN47932 		  PC CLASSROOM MATERIALS 8,631

GEORGETOWN RIDGE FARM CUSD #4

502 W MULBERRY STREET
GEORGETOWN,IL61846 		  PC CHARITABLE EDUCATION PURPOSES 25,559

HOOPESTON AREA COMMUNITY SCHOOL DISTRICT #11

615 E ORANGE ST
HOOPESTON,IL60942 		  PC MAPLE SCHOOL GRANT 3,551

ILLINOIS STATE UNIVERSITY FOUNDATION

100 N UNIVERSITY ST
NORMAL,IL61790 		  PC SCHOLARSHIPS AND PULSE PROGRAM 748,000

IROQUOIS COUNTY SCHOOL DISTRICT #9

1411 LAFAYETTE ST
WATSEKA,IL60970 		  PC HANDICAPPED BUS 16,741

IROQUOIS SPECIAL EDUCATION ASSOCIATION

106 E FRONT STREET
GILMAN,IL60938 		  PC PROGRAM GRANT 73,592

OAKWOOD CUSD #76

12190 US ROUTE 150
OAKWOOD,IL61858 		  PC FURNITURE AND SUPPLIES 14,073

UNIVERSITY OF ILLINOIS FOUNDATION

PO BOX 734500
CHICAGO,IL60673 		  PC ANNUAL SCHOLARSHIP GRANT 45,000

VERMILION ASSOCIATION FOR SPECIAL EDUCATION

15009 CATLIN-TILTON ROAD
DANVILLE,IL61834 		  PC GREENHOUSE GRANT 377,964

ARMSTRONG-ELLIS SCHOOL DISTRICT

PO BOX 7
ARMSTRONG,IL61812 		  PC CHARITABLE EDUCATION PURPOSES 3,832

DONOVAN COMMUNITY SCHOOL DISTRICT

600 NORTH ST
DONOVAN,IL60931 		  PC CHARITABLE EDUCATION PURPOSES 43,182

EASTERN ILLINOIS UNIVERSITY FOUNDATION

860 WEST LINCOLN AVE
CHARLESTON,IL61920 		  PC SCHOLARSHIPS 45,000

PINE VILLAGE ELEMENTARY SCHOOL

3756 IN-26
PINE VILLAGE,IN47975 		  PC CHARITABLE EDUCATION PURPOSES 1,866

CARLE HEALTH CENTER FOR PHILANTHROPY

5401 KNOXVILLE AVE
PEORIA,IL61614 		  PC TUITION SUPPORT 462,874

HOOPESTON PUBLIC LIBRARY

110 N 4TH ST
HOOPESTON,IL60942 		  PC BOOKS 500

HOOPESTON MULTI AGENCY SERVICES CENTER

206 S 1ST AVE
HOOPESTON,IL60942 		  PC PAINTING GRANT 6,400

DANVILLE SCHOOL DISTRICT

110 EAST WILLIAMS ST
DANVILLE,IL61832 		  PC VEHICLE FOR SPECIAL EDUCATION 52,358

DANVILLE AREA COMMUNITY COLLEGE FOUNDATION

2000 E MAIN ST
DANVILLE,IL61832 		  PC DSP PROGRAM PILOT AND SCHOLARSHIPS 175,000

CROSSPOINT HUMAN SERVICES

309 N LOGAN AVE
DANVILLE,IL61832 		  PC CAPITAL EXPENDITURES AND COMMUNITY DAY SERVICE PROGRAM EXPENDITURES 202,419
Total .................................right arrow 3a 2,306,542
bApproved for future payment
Total ................................. right arrow 3b 0
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 ....     14 674,169  
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 ............ 		    18 978,381  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFARM INCOME 		        530,464
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,652,550 530,464
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,183,014
(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.)
11A FARM INCOME - CASH RENT AND GRAIN SALES
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
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
WHEELER FOUNDATION
 
Employer identification number

61-1445596
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
WHEELER FOUNDATION
  		Employer identification number
61-1445596
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
TRUST OF MAXINE WHEELER
 
10213 E 2600 NORTH RD
 
POTOMAC, IL61865

$ 61,392


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
WHEELER FOUNDATION
  		Employer identification number

61-1445596
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
WHEELER FOUNDATION
  		Employer identification number

61-1445596
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
WHEELER FOUNDATION
EIN:
61-1445596
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 13,860 6,930   6,930

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

TY 2024 DepreciationSchedule
Name:
WHEELER FOUNDATION
EIN:
61-1445596
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
IMPLEMENT SHED - BLOUNT TOWNSHIP 2005-01-01 37,500 32,404 150DB 20.000000000000 3,397 0    
CATTLE SHED - BLOUNT TWNSHIP 2005-01-01 42,500 36,728 150DB 20.000000000000 3,848 0    
GRAIN BIN #1 - BLOUNT TWNSHIP 2005-01-01 15,000 12,352 150DB 15.000000000000 0 0    
GRAIN BIN #2 - BLOUNT TWNSHIP 2005-01-01 14,000 11,527 150DB 15.000000000000 0 0    
GRAIN BIN #3 - BLOUNT TWNSHIP 2005-01-01 12,500 10,292 150DB 15.000000000000 0 0    
GRAIN BIN #1 - MIDDLEFORK TWNSHIP 2005-01-01 19,500 16,055 150DB 15.000000000000 0 0    
GRAIN BIN #2 - MIDDLEFORK TWNSHIP 2005-01-01 19,500 16,055 150DB 15.000000000000 0 0    
GRAIN BIN #3 - MIDDLEFORK TWNSHIP 2005-01-01 3,750 3,088 150DB 15.000000000000 0 0    
GRAIN BIN #4 - MIDDLEFORK TWNSHIP 2005-01-01 3,750 3,088 150DB 15.000000000000 0 0    
TILE - BLOUNT 2005-01-01 77,125 63,505 150DB 15.000000000000 0 0    
TILE - MIDDLEFORK 2005-01-01 53,563 44,105 150DB 15.000000000000 0 0    
RENTAL HOUSE - BLOUNT TWNSHIP 2005-01-01 125,000 104,217 150DB 20.000000000000 13,855 0    
LAND - BLOUNT TWNSHIP 2005-01-01 675,875   L   0 0    
LAND - MIDDLEFORK TWNSHIP 2005-01-01 863,937   L   0 0    
HOME IMPROVEMENTS 2008-09-29 15,671 8,669 SL 27.500000000000 570 0    
COW SHED 2008-11-25 11,890 4,687 150DB 20.000000000000 280 0    
FENCING 2009-04-07 6,132 3,066 150DB 7.000000000000 0 0    
GRAVEL 2009-08-14 6,865 3,366 150DB 15.000000000000 66 0    
BIN IMPROVEMENTS-STIRATOR 2010-01-06 7,022 3,511 150DB 7.000000000000 0 0    
BIN IMPROVEMENTS-FLOOR 2010-10-14 8,083   150DB 7.000000000000 0 0    
FIELD TILE 2010-10-20 8,747   150DB 15.000000000000 0 0    
FIELD TILE 2011-08-23 18,445   150DB 15.000000000000 0 0    
HOME IMPROVEMENTS (FURNACE 2014-04-01 2,290 799 SL 27.500000000000 83 0    
TILE - JAMESBURG 2015-09-11 19,544 6,042 150DB 15.000000000000 574 0    
GRAIN BIN UPGRADE 2015-06-08 32,219 15,122 150DB 7.000000000000 0 0    
GRAIN BIN (USED) 2016-08-23 40,476 20,238 150DB 7.000000000000 0 0    
STEINER FARM - TILE 2016-11-04 6,794 1,896 150DB 15.000000000000 200 0    
CATTLE SHED CONCRETE 2016-11-04 14,013 3,073 150DB 20.000000000000 315 0    
TILE 2017-01-06 35,505   150DB 15.000000000000 0 0    
TILE - BLOUNT 2018-01-01 8,926   150DB 15.000000000000 0 0    
FENCE 2019-03-27 6,959   150DB 7.000000000000 0 0    
GRAVEL 2019-06-01 28,552   150DB 15.000000000000 0 0    
TILE 2020-06-01 4,984   150DB 15.000000000000 0 0    
LANDSCAPING 2022-12-31 30,500 862 150DB 15.000000000000 524 0    
TILE - IMPROVEMENT 2017-01-06 23,952 5,943 150DB 15.000000000000 710 0    

TY 2024 InvestmentsCorpBondsSchedule
Name:
WHEELER FOUNDATION
EIN:
61-1445596
Name of Bond End of Year Book Value End of Year Fair Market Value
MICROSOFT CORP 100,005 99,771
TEXAS INSTRUMENT 121,243 119,199
TD AMERITRADE 80,483 79,635
UNITEDHEALTH GRO 101,917 96,790
ARCHER-DANIELS-ML 100,673 96,707
AMAZON.COM, INC 51,155 46,273
INTERCONTINENTAL 79,562 76,754
BRISTOL-MYERS 100,565 91,075
THE WALT DISNEY C 103,478 93,511
THE CHARLES SCHWAB 102,326 91,711
AUTOMATIC DATA PR 101,147 91,234
EXXON MOBIL CORP 100,548 91,302
HORMEL FOODS CORP 102,543 85,343
EIDOX EATON VANCE EMERGING MARKETS DEBT OPPTY CL 267,722 274,857
FGBPX FIDELITY ADVISOR INVESTMENT GRADE BOND CL 1,384,192 1,365,561
PADZX PGIM ABSOLUTE RETURN BOND 841,971 850,000

TY 2024 InvestmentsCorpStockSchedule
Name:
WHEELER FOUNDATION
EIN:
61-1445596
Name of Stock End of Year Book Value End of Year Fair Market Value
ALLIANT ENERGY CORP 51,972 59,140
ALPHABET INC 57,064 179,835
AMAZON.COM INC 81,406 164,543
AMGEN INC 40,345 48,218
APPLE INC 45,427 147,497
BANK OF AMERICA CORP 46,385 70,320
BECTON DICKINSON & CO 26,687 24,956
BERKSHIRE HATHAWAY 136,507 192,644
BLACKROCK INC NEW 31,568 56,381
CATERPILLAR INC 56,704 117,897
CHEVRON CORP NEW 63,860 61,557
CISCO SYS INC 61,186 72,520
CONSTELLATION BRANDS INC 24,977 23,426
DR HORTON INC 50,058 61,521
DANAHER CORP 37,641 39,483
DEERE &CO 25,972 28,388
DISNEY WALT CO 26,629 31,957
DUKE ENERGY CORP NEW 13,757 16,161
GENERAL DYNAMICS CORP 88,497 111,983
GENERAL MLS INC 104,203 86,089
HONEYWELL INTL INC 64,531 76,803
ILLINOIS TOOL WKS INC 48,338 51,980
JOHNSON & JOHNSON 78,257 72,310
JOHNSON CONTROLS INTER F 14,836 19,732
JPMORGAN CHASE & CO 31,645 85,097
MERCK&CO. INC. 95,673 89,532
META PLATFORMS INC 14,693 44,499
MICROSOFT CORP 37,943 162,277
NEXTERA ENERGY INC 136,632 140,082
NORTHROP GRUMMAN CORP 17,958 18,772
PEPSICO INC 36,844 31,933
PROCTER & GAMBLE CO 121,391 143,341
RTXCORP 60,096 71,168
TEXTRON INC 13,865 13,386
UNITEDHEALTH GROUP INC 37,507 75,879
US BANCORP DEL 36,002 51,417
V!SAINC 53,267 86,279
ZIMMER BIOMET HLDGS INC 15,641 13,204
DODGE & COX INTERNATIONA 7,543 9,812
OAKMARK INTERNATIONAL IN 6,135 8,069
DIMENSIONAL INTERN CORE 177,338 173,808
DIMENSIONAL SHRT ORT FXD 155,036 154,891
ISHARES 3-7 YEAR TRERY 411,110 411,936
VANGUARD DIVIDEND 406,723 503,479
VANGUARD INTERMEDIATE 232,773 237,567
VANGUARD INTL DIVIDEND 34,017 38,795
VANGUARD SHORT TERM 752,898 752,907
VANGUARD SHORT TERM COR 406,814 419,304
VANGUARD SHRT INF PROT 1,400,755 1,402,824
VANGUARD TOTAL STOCK 486,583 659,318
VANGUARD TOTAL WORLD 408,290 501,639
VANGUARD VALUE ETF 408,842 497,065
ABT ABBOTT LABORATORIES 49,792 56,555
ABBV ABBVIE INC 44,747 51,711
ACN ACCENTURE PLC IRELAND CL A 42,564 52,769
ADBE ADOBE INC 56,877 62,255
AMD ADVANCED MICRO DEVICES INC 50,793 50,732
ALGN ALIGN TECHNOLOGY INC 62,372 46,915
GOOG ALPHABET INC CL 66,038 104,742
AMZN AMAZON.COM INC 66,459 131,634
AMGN AMGEN INC 43,557 46,915
ADI ANALOG DEVICES INC 49,258 53,115
AAPL APPLE INC 64,841 100,168
ADP AUTOMATIC DATA PROCESSING 44,443 58,546
AZO AUTOZONE INC 50,925 64,040
BRK/8 BERKSHIRE HATHAWAY INC CL 48,908 67,992
BX BLACKSTONE INC 18,928 34,484
AVGO BROADCOM INC 15,601 57,960
CAT CATERPILLAR INC 25,317 41,717
COR CENCORA INC 41,848 53,923
CHKP CHECK POINT SOFTWARE 39,903 56,197
CVX CHEVRON CORP 47,278 43,452
CMG CHIPOTLE MEXICAN GRILL INC 26,964 45,225
CB CHUBB LTD 39,899 55,260
CHO CHURCH & DWIGHT COMPANY 45,042 52,355
CSCO CISCO SYSTEMS INC 47,738 59,200
CL COLGATE-PALMOLIVE COMPANY 38,657 47,273
CMCSA COMCAST CORP CL A 53,822 48,789
COP CONOCOPHILLIPS 52,690 51,568
CPRT COPART INC 42,806 45,912
COST COSTCO WHOLESALE CORP 36,562 54,976
DHR DANAHER CORP 54,820 57,388
LLY ELI LILLY & CO 40,396 54,040
FICO FAIR ISAAC CORP 21,892 49,773
FL FISERV INC 35,324 57,518
HD HOME DEPOT INC 32,489 44,734
HON HONEYWELL INTL INC 39,734 45,178
ICE INTERCONTINENTAL EXCHANGE 34,645 52,154
INTU INTUIT INC 42,401 56,565
ISRG INTUITIVE SURGICAL INC 31,656 65,245
JNJ JOHNSON&JOHNSON 74,414 65,079
JPM JPMORGAN CHASE & CO 35,476 62,325
MCD MCDONALDS CORP 38,605 40,585
MCK MCKESSON CORP 45,988 56,991
MDT MEDTRONIC PLC 60,479 55,916
META META PLATFORMS INC CL A 23,922 61,478
MSFT MICROSOFT CORP 84,612 126,450
MNST MONSTER BEVERAGE CORP C 52,018 52,560
MS MORGAN STANLEY 31,741 44,002
MSCI MSCI INC CLASS AC 41,308 48,001
NFLX NETFLIX INCC 23,272 62,392
NOC NORTHROP GRUMMAN CORP 38,446 40,359
NVO NOVO NORDISK AS ADR 42,094 38,709
NVDA NVIDIA CORPC 43,560 134,424
ORCL ORACLE CORPC 36,937 58,324
PEP PEPSICO INCC 44,987 38,015
PG PROCTER & GAMBLE COC 36,562 41,912
ROL ROLLINS INCC 29,560 37,080
RTX RTX CORPC 37,207 46,288
SPGI S&P GLOBAL INCC 20,097 29,882
NOW SERVICENOW INC 21,545 53,006
SNPS SYNOPSYS INCC 61,638 53,390
TSLA TESLA INCC 32,390 60,576
TMO THERMO FISHER SCIENTIFIC INC 55,261 52,023
TSCO TRACTOR SUPPLY COC 47,073 53,060
UNP UNION PACIFIC CORP 34,093 38,767
UNH UNITEDHEAL TH GROUP INC 56,357 59,186
VZ VERIZON COMMUNICATIONS INC 36,819 39,990
VRTX VERTEX PHARMACEUTICALS 40,317 40,270
V VISA INC CL A 54,151 72,689
WMT WALMART INC 23,998 45,175
WM WASTE MANAGEMENT INC DEL 37,952 49,438
WFC WELLS FARGO & CO 22,475 42,144
PLIDX ARISTOTLE CORE INCOME CL 1,024,683 990,863
BFMSX BLACKROCK LOW DURATION 551,416 549,394
EICOX EATON VANCE EMERGING & FRONTIER COUNTRIES EQUITY CL 142,828 148,290
FIXIX FIDELITY ADVISOR INTL SMALL CAP 65,556 67,103
SDVY FIRST TRUST SMID CAP RISING DIVIDEND ACHIEVERS ETF 155,812 168,531
IYM !SHARES US BASIC MATERIALS 32,717 32,482
JDVIX JOHN HANCOCK DISCIPLINED VALUE INTLCL 132,026 108,993
JHMM JOHN HANCOCK MULTLFACTOR MID CAP ETF 149,326 164,257
JHEQX JPMORGAN HEDGED EQUITY 197,482 220,091
JHQDX JPMORGAN HEDGED EQUITY 2 CL 192,751 222,314
OMBIX JPMORGAN MORTGAGE BACKED SECURITIES CL 1,414,075 1,371,283
PWJZX PGIM JENNISON INTL OPPTYS 99,534 108,382
XLU SELECT UTILITIES SELECT SECTOR SPDR 47,191 52,983
TMCPX TOUCHSTONE MID CAP CLY 160,435 163,563
TSYYX TOUCHSTONE ULTRA SHORT DURATION FIXED INCOME CLY 199,787 199,783
PXSGX VIRTUS KAR SMALL CAP GROWTH 161,216 159,793

TY 2024 InvestmentsGovtObligationsSch
Name:
WHEELER FOUNDATION
EIN:
61-1445596
US Government Securities - End of Year Book Value:

1,900,839
US Government Securities - End of Year Fair Market Value:

1,899,813
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 LandEtcSchedule2
Name:
WHEELER FOUNDATION
EIN:
61-1445596
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
IMPLEMENT SHED - BLOUNT TOWNSHIP 37,500 35,801 1,699 1,699
CATTLE SHED - BLOUNT TWNSHIP 42,500 40,576 1,924 1,924
GRAIN BIN #1 - BLOUNT TWNSHIP 15,000 12,352 2,648 2,648
GRAIN BIN #2 - BLOUNT TWNSHIP 14,000 11,527 2,473 2,473
GRAIN BIN #3 - BLOUNT TWNSHIP 12,500 10,292 2,208 2,208
GRAIN BIN #1 - MIDDLEFORK TWNSHIP 19,500 16,055 3,445 3,445
GRAIN BIN #2 - MIDDLEFORK TWNSHIP 19,500 16,055 3,445 3,445
GRAIN BIN #3 - MIDDLEFORK TWNSHIP 3,750 3,088 662 662
GRAIN BIN #4 - MIDDLEFORK TWNSHIP 3,750 3,088 662 662
TILE - BLOUNT 77,125 63,505 13,620 13,620
TILE - MIDDLEFORK 53,563 44,105 9,458 9,458
RENTAL HOUSE - BLOUNT TWNSHIP 125,000 118,072 6,928 6,928
LAND - BLOUNT TWNSHIP 675,875 0 675,875 6,011,000
LAND - MIDDLEFORK TWNSHIP 863,937 0 863,937 4,254,000
HOME IMPROVEMENTS 15,671 9,239 6,432 6,432
COW SHED 11,890 10,912 978 978
FENCING 6,132 6,132 0 0
GRAVEL 6,865 6,865 0 0
BIN IMPROVEMENTS-STIRATOR 7,022 7,022 0 0
BIN IMPROVEMENTS-FLOOR 8,083 8,083 0 0
FIELD TILE 8,747 8,747 0 0
FIELD TILE 18,445 18,445 0 0
HOME IMPROVEMENTS (FURNACE 2,290 882 1,408 1,408
TILE - JAMESBURG 19,544 16,388 3,156 3,156
GRAIN BIN UPGRADE 32,219 31,232 987 987
GRAIN BIN (USED) 40,476 40,476 0 0
STEINER FARM - TILE 6,794 5,493 1,301 1,301
CATTLE SHED CONCRETE 14,013 10,395 3,618 3,618
TILE 35,505 35,505 0 0
TILE - BLOUNT 8,926 8,926 0 0
FENCE 6,959 6,959 0 0
GRAVEL 28,552 28,552 0 0
TILE 4,984 4,984 0 0
LANDSCAPING 30,500 25,786 4,714 4,714
TILE - IMPROVEMENT 23,952 18,629 5,323 5,323


TY 2024 LegalFeesSchedule
Name:
WHEELER FOUNDATION
EIN:
61-1445596
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 1,710 855   855


TY 2024 OtherDecreasesSchedule
Name:
WHEELER FOUNDATION
EIN:
61-1445596
Description Amount
UNREALIZED GAIN/LOSS 596


TY 2024 OtherExpensesSchedule
Name:
WHEELER FOUNDATION
EIN:
61-1445596
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FARM CHEMICALS 10,141 10,141   0
FARM MANAGEMENT FEES 2,301 2,301   0
FARM MARKETING 2,750 2,750   0
MISCELLANEOUS 948 0   948
FARM SEED 38,697 38,697   0
FARM STORAGE 1,321 1,321   0
OFFICE SUPPLIES AND EXPENSES 14,043 0   14,043
FARM CUSTOM HIRE 313 313   0
FARM FERTILIZER AND LIME 47,273 47,273   0
FARM FREIGHT AND TRUCKING 9,602 9,602   0
FARM INSURANCE 10,394 10,394   0
FARM REPAIRS AND MAINTENANCE 11,191 11,191   0
FARM REAL ESTATE TAXES 37,583 37,583   0
FARM OTHER 169 169   0
FARM UTILITIES 8,204 8,204   0
INSURANCE 1,875 0   1,875


TY 2024 OtherIncomeSchedule2
Name:
WHEELER FOUNDATION
EIN:
61-1445596
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FARM INCOME 530,464 530,464 530,464


TY 2024 OtherProfessionalFeesSchedule
Name:
WHEELER FOUNDATION
EIN:
61-1445596
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 87,546 87,546   0


TY 2024 SubstantialContributorsSch
Name:
WHEELER FOUNDATION
EIN:
61-1445596
Name Address
TRUST OF MAXINE WHEELER 10213 E 2600 NORTH ROAD
POTOMAC,IL61865


TY 2024 TaxesSchedule
Name:
WHEELER FOUNDATION
EIN:
61-1445596
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
IL FILING FEE 130 0   130
FEDERAL TAX 25,623 0   0
FOREIGN TAX 678 678   0