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
OUTCALT FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1925
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ALAMOSA, CO81101
A Employer identification number

20-7432649
B Telephone number (see instructions)

(719) 588-4356
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$32,506,169J 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 59,479 59,479  
4 Dividends and interest from securities... 907,605 907,605  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 714,943
b Gross sales price for all assets on line 6a 5,265,377
7 Capital gain net income (from Part IV, line 2)... 714,943
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).......      
12 Total. Add lines 1 through 11........ 1,682,027 1,682,027  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 220,000 4,400    
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
47,391 33,891    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
40,220 8,208    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,889      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
2,801      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 317,301 46,499   0
25 Contributions, gifts, grants paid....... 1,617,447 1,617,447
26 Total expenses and disbursements. Add lines 24 and 25 1,934,748 46,499   1,617,447
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -252,721
b Net investment income (if negative, enter -0-) 1,635,528
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............. 153,362 202,379 202,379
2 Savings and temporary cash investments......... 1,610,171 1,660,105 1,683,162
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.......... 12,600 13,068 13,068
10a Investments—U.S. and state government obligations (attach schedule) 25,978 Click to see attachment
List of Attached Documents:
// Content
25,978 		24,210
b Investments—corporate stock (attach schedule)....... 15,452,145 Click to see attachment
List of Attached Documents:
// Content
14,638,056 		26,091,136
c Investments—corporate bonds (attach schedule)....... 4,195,922 Click to see attachment
List of Attached Documents:
// Content
4,650,263 		4,210,187
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).......... 210,662 Click to see attachment
List of Attached Documents:
// Content
216,495 		260,000
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
19,486 		Click to see attachment
List of Attached Documents:
// Content
22,027 		Click to see attachment
List of Attached Documents:
// Content
22,027
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,680,326 21,428,371 32,506,169
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) Click to see attachment
List of Attached Documents:
// Content
252 		Click to see attachment
List of Attached Documents:
// Content
1,018
23 Total liabilities (add lines 17 through 22)......... 252 1,018
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........ 21,680,074 21,427,353
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)..... 21,680,074 21,427,353
30 Total liabilities and net assets/fund balances (see instructions). 21,680,326 21,428,371
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
21,680,074
2
Enter amount from Part I, line 27a .....................
2
-252,721
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
21,427,353
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
21,427,353
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 EDWARD JONES #21898-1-9 P 2024-01-01 2024-12-31
b 590.557 SH BRIDGE BUILDER CORE BOND P 2001-01-01 2024-04-04
c 531.987 SH BRIDGE BUILDER CORE PLUS BOND P 2020-10-09 2024-04-04
d EDWARD JONES #21898-1-9 P 2001-01-01 2024-10-24
e 3305 SH BRIDGE BUILDER CORE BOND P 2024-01-01 2024-04-17
3324.864 SH BRIDGE BUILDER CORE PLUS BOND P 2024-01-01 2024-04-17
EDWARD JONES #21815-1-9 P 2024-01-01 2024-10-23
289.146 SH BRIDGE BUILDER CORE BOND P 2001-01-01 2024-04-17
EDWARD JONES #21815-1-9 P 2001-01-01 2024-12-31
EDWARD JONES #21685-1-6 P 2024-01-01 2024-12-31
200000 BANGOR SVGS BK P 2024-11-13 2024-12-19
203000 MIZRAHI TEFAHOT BK LTD P 2024-04-05 2024-07-12
9793.606 SH JP MORGAN CORE BOND P 2001-01-01 2024-04-05
EDWARD JONES #21685-1-6 P 2001-01-01 2024-12-31
1500 SH BOEING CO P 2001-01-01 2024-04-05
8380 SH COCA-COLA CO P 2001-01-01 2024-12-31
2500 SH INTEL CORP P 2001-01-01 2024-09-05
1400 SH PHILLIP MORRIS INTL INC P 2014-04-25 2024-09-05
4421.734 SH XCEL ENERGY INC P 2014-04-25 2024-12-31
2000 SH ZIONS BANCORPORATION P 2014-04-25 2024-12-31
VANGUARD P 2024-01-01 2024-11-06
VANGUARD P 2001-01-01 2024-11-06
VANGUARD #12942906 P 2024-01-01 2024-12-31
VANGUARD #12942906 P 2001-01-01 2024-12-31
.333 SH CHIMERA INVT $.01 P 2010-11-03 2024-05-22
150000 MS BK NA P 2023-09-25 2024-09-26
Capital Gain Dividends      
(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 9,841   9,864 -23
b 5,232   6,308 -1,076
c 4,639   5,494 -855
d 75,935   61,899 14,036
e 28,758   29,410 -652
28,428   29,152 -724
1,835   1,788 47
2,516   2,516  
302,842   261,744 41,098
162,877   164,999 -2,122
200,000   200,000  
203,000   203,000  
98,720   99,731 -1,011
258,717   285,805 -27,088
274,050   193,770 80,280
533,459   341,276 192,183
49,015   66,131 -17,116
176,104   117,317 58,787
294,800   140,501 154,299
105,070   58,228 46,842
13,276   13,321 -45
189,894   190,511 -617
1,455,000   1,455,000  
427,976   462,655 -34,679
4   14 -10
150,000   150,000  
      213,389
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       -23
b       -1,076
c       -855
d       14,036
e       -652
      -724
      47
       
      41,098
      -2,122
       
       
      -1,011
      -27,088
      80,280
      192,183
      -17,116
      58,787
      154,299
      46,842
      -45
      -617
       
      -34,679
      -10
       
       
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 2 714,943
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 22,734
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 22,734
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 22,734
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 23,068
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 23,068
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 9
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 10 325
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow325 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrow
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 arrowOUTCALTFOUNDATION.ORG
14
The books are in care ofright arrowCAROLYN M KAWANABE Telephone no.right arrow (719) 588-4356

Located atright arrow815 FOURTH STREETALAMOSACO ZIP+4right arrow81101
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
CAROLYN M KAWANABE Sec, Trustee
35.00 		110,000    
PO BOX 204
ALAMOSA,CO81101
KARLA L SHRIVER Pres, Trustee
35.00 		110,000    
PO BOX 262
MONTE VISTA,CO81144
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
30,857,164
b
Average of monthly cash balances.......................
1b
363,503
c
Fair market value of all other assets (see instructions)................
1c
295,095
d
Total (add lines 1a, b, and c).........................
1d
31,515,762
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
 
3
Subtract line 2 from line 1d.........................
3
31,515,762
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
472,736
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
31,043,026
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,552,151
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
1,552,151
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
22,734
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
22,734
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,529,417
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,529,417
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,529,417
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
1,617,447
b
Program-related investments—total from Part VIII-B..................
1b
 
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
1,617,447
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 1,529,417
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 383,102
b Total for prior years:20 , 20, 20  
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 ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,617,447
a Applied to 2023, but not more than line 2a 383,102
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 1,234,345
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		295,072
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 ...... 		 
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....  
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:
CAROLYN M KAWANABE
PO BOX 1925
ALAMOSA,CO81101
(719) 588-4356
carolyn@kawanabecpa.com
bThe form in which applications should be submitted and information and materials they should include:
OUTCALT FOUNDATION SAN LUIS VALLEY STUDENT ACHIEVEMENT SCHOLARSHIPOUTCALT FOUNDATION SAN LUIS VALLEY WORKFORCE DEVELOPMENT SCHOLARSHIP
cAny submission deadlines:
MARCH 15TH
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
COLORADO HIGH SCHOOL SENIORS GRADUATING FROM A SAN LUIS VALLEY INSTITUTION OF SECONDARY EDUCATION AND POST HIGH SCHOOL STUDENTS WHO HAVE GRADUATED FROM A SAN LUIS VALLEY INSTITUTION OF SECONDARY EDUCATION. THE FUNDS AWARDED ARE TO BE USED FOR TUITION, MANDATORY FEES, COURSE-RELATED EXPENSES AND REASONABLE LIVING EXPENSES INCURRED TO ATTEND AN ACCREDITED COLLEGE, UNIVERSITY, JUNIOR COLLEGE, CAREER AND/ OR TECHNICAL EDUCATION PROGRAM WITHIN THE UNITED STATES.
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
ADAMS STATE UNIVERSITY


208 EDGEMONT BLVD SUITE 3080
ALAMOSA,CO81101 		NONE PC RALPH OUTCALT SCHOLARS PROGRAM 114,250
ALAMOSA SENIOR CITIZENS INC


PO BOX 1007
ALAMOSA,CO81101 		NONE PC GENERAL OPERATING SUPPORT 5,000
BOYS GIRLS CLUB OF THE SLV


PO BOX 1032
ALAMOSA,CO81101 		NONE PC GENERAL OPERATING SUPPORT 50,000
CARE AND SHARE INC


2605 PREAMBLE POINT
COLORADO SPRINGS,CO80915 		NONE PC SAN LUIS VALLEY DISTRIBUTION CENTER PROJECT 106,250
CITY OF MONTE VISTA


95 1ST AVENUE
MONTE VISTA,CO81144 		NONE GOV SKI HI PARK REGIONAL EVENTS CENTER PROJECT 455,697
CREEDE EARLY LEARNING CENTER


PO BOX 191
CREEDE,CO81130 		NONE PC GENERAL OPERATING SUPPORT 8,000
CREEDE REPERTORY THEATRE


PO BOX 269
CREEDE,CO81130 		NONE PC GENERAL OPERATING SUPPORT 6,000
LA PUENTE HOME INC


PO BOX 818
ALAMOSA,CO81101 		NONE PC GENERAL OPERATING SUPPORT FOR PALS PROGRAM 10,000
NORTHERNERS SENIOR CITIZENS ASSN IN


413 MAIN STREET
LA JARA,CO81140 		NONE PC GENERAL OPERATING SUPPORT 5,000
SHRINERS HOSPITAL FOR CHILDREN


2900 ROCKY POINT DRIVE
TAMPA,FL33607 		NONE PC GENERAL OPERATING SUPPORT 5,000
TRI COUNTY SENIOR CITIZENS HOUSING


311 WASHINGTON ST
MONTE VISTA,CO81144 		NONE PC GENERAL OPERATING SUPPORT 5,000
UPPER RIO GRANDE ANIMAL SOCIETY


2825 SHERMAN AVE
MONTE VISTA,CO81144 		NONE PC GENERAL OPERATING SUPPORT 5,000
VETERANS COALITION OF THE SAN LUIS


PO BOX 975
ALAMOSA,CO81101 		NONE PC GENERAL OPERATING SUPPORT 50,000
ANTONITO SENIOR CITIZENS ASSOCIATIO


PO BOX 296
ANTONITO,CO81120 		NONE PC GENERAL OPERATING SUPPORT 5,000
ST JUDE CHILDREN'S RESEARCH HOSPITA


501 ST JUDE PLACE
MEMPHIS,TN38105 		NONE PC GENERAL OPERATING SUPPORT 5,000
EXPONENT PHILANTHROPY


1720 N STREET NW
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING SUPPORT 250
HIGH VALLEY COMMUNITY CENTER INC


595 GRAND AVE
DEL NORTE,CO81132 		NONE PC GENERAL OPERATING SUPPORT 60,000
MONTE VISTA COMMUNITY FUND


134 WASHINGTON STREET
MONTE VISTA,CO81144 		NONE PC GENERAL OPERATING SUPPORT/ KIDS CONNECTION PROGRAM 52,000
CVCLC HOMELAKE RESIDENT BENEFIT


3749 SHERMAN AVE
MONTE VISTA,CO81144 		NONE GOV GENERAL OPERATING SUPPORT 10,000
RIO GRANDE HOSPITAL


310 CO RD 14
DEL NORTE,CO81132 		NONE PC GENERAL OPERATING SUPPORT 500,000
TU CASA INC


202 CARSON AVE
ALAMOSA,CO81101 		NONE PC GENERAL OPERATING SUPPORT 5,000
ARIELLE ATENCIO


38601 COUNTY RD A
DEL NORTE,CO81132 		NONE I SCHOLARSHIP 5,000
ERICK CELIS ALVAREZ


8887 US HWY 285 S
ALAMOSA,CO81101 		NONE I SCHOLARSHIP 5,000
JERAMY COOMBS


13245 COUNTY ROAD 16
LA JARA,CO81140 		NONE I SCHOLARSHIP 5,000
KAYLEIGH GARCIA


90 RICKEY PLACE
MONTE VISTA,CO81144 		NONE I SCHOLARSHIP 5,000
ALEXIA GONZALES


PO BOX 91
BLANCA,CO81123 		NONE I SCHOLARSHIP 5,000
GEOVANNI GONZALEZ MASCARENAS


PO BOX 541
SAGUACHE,CO81149 		NONE I SCHOLARSHIP 5,000
HOLLY MCDANIEL


PO BOX 697
MANASSA,CO81141 		NONE I SCHOLARSHIP 5,000
KADENCE MCWILLIAMS


501 LANE 10 N
CENTER,CO81125 		NONE I SCHOLARSHIP 2,500
SKYLAR MONTAGUE


9250 LANE 5
MOSCA,CO81146 		NONE I SCHOLARSHIP 5,000
BRENTON SIERRA


5820 ROAD NORTH 110
MOSCA,CO81146 		NONE I SCHOLARSHIP 5,000
LANE SPEARMAN


4500 CR 38A
DEL NORTE,CO81132 		NONE I SCHOLARSHIP 5,000
ALAMOSA LIVE MUSIC ASSOCIATION


PO BOX 1836
ALAMOSA,CO81101 		NONE PC GENERAL OPERATING SUPPORT 7,500
CASA DEL VALLE INC


315 EDISON AVE
ALAMOSA,CO81101 		NONE PC GENERAL OPERATING SUPPORT 80,000
CENTER VIKING YOUTH CLUB


386 S BRADWAY ST
CENTER,CO81125 		NONE PC GENERAL OPERATING SUPPORT 5,000
COMMUNITY RESOURCE CENTER


1016 WEST AVE 5
ALAMOSA,CO81101 		NONE PC GENERAL OPERATING SUPPORT 5,000
COLORADO NONPROFIT DEVELOPMENT CENT


2590 WELTON ST
DENVER,CO80205 		NONE PC GENERAL OPERATING SUPPORT 5,000
Total .................................right arrow 3a 1,617,447
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 59,479  
4 Dividends and interest from securities ....     14 907,605  
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 ............ 		      213,389 501,554
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   1,180,473 501,554
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,682,027
(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: 24020490
Software Version: 2024v5.2


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 InvestmentsCorpBondsSchedule
Name:
OUTCALT FOUNDATION
EIN:
20-7432649
Software ID:
24020490
Software Version:
2024v5.2
Name of Bond End of Year Book Value End of Year Fair Market Value
JPMORGAN CORE BD FD (PGBOX) 26479 SH 269,742 267,702
BLACKROCK FD V HIGH YD BD (BRHYX) 37648 296,207 288,143
BRIDGE BUILDER CORE BD FD (BBTBX) 118686 1,211,487 1,050,374
BRIDGE BUILDER CORE PLUS BD (BBCPX) 1545 1,565,728 1,338,206
JPMORGAN CORE PLUS BD A (ONIAX) 35052 288,724 249,572
JPMORGAN HIGH YIELD FD CL A (OHYAX) 6967 453,270 448,729
PGIM HIGH YIELD BD FD (PHYQX) 9361 SH 49,377 44,654
HARTFORD WORLD BOND FD (HWDFX) 10175 101,106 101,957
JPMORGAN INCOME FD CL A (JGIAX) 39868 333,197 338,878
PIMCO INTL BD (PFORX) 2792 SH 26,950 27,721
JPMORGAN LMT DURATION BD (JPLD) 1053 SH 54,475 54,251

TY 2024 InvestmentsCorpStockSchedule
Name:
OUTCALT FOUNDATION
EIN:
20-7432649
Software ID:
24020490
Software Version:
2024v5.2
Name of Stock End of Year Book Value End of Year Fair Market Value
AGCO CORP (AGCO) 1500 SH 85,613 140,220
APPLE (AAPL) 2020 SH 111,329 505,848
BLOCK H&R INC (HRB) 500 SH 12,367 26,420
BP SP ADR (BP) 7050 SH 238,671 208,398
BRIDGE BUILDER INT (BBIEX) 39805 SH 439,203 489,999
BRIDGE BLDR LRGE CAP GR (BBGLX) 45541 726,159 1,157,653
BRIDGE BLDR LRGE CAP VALUE (BBVLX) 5709 683,522 978,988
BRIDGE BLDR SM/MD CA (BBVSX) 19885 SH 207,356 282,372
BRIDGE BLDR SM/MD CA GR (BBGSX) 13785 SH 165,254 222,353
CARNIVAL CORP (CCL) 200 SH 5,412 4,984
CATERPILLAR INC (CAT) 3000 SH 312,855 1,088,280
CHEVRON CORP (CVX) 9000 SH 1,117,260 1,303,560
CHIMERA INVESTMENT CORP (CIM) 333 SH 12,073 4,662
CHOICE HOTELS INT (CHH) 15 SH 2,273 2,130
CISCO SYSTEMS INC (CSCO) 4000 SH 92,400 236,800
CITIGROUP INC (C) 1300 SH 62,465 91,507
COCA COLA CO (KO) 51620 SH 2,102,225 3,213,861
COTERRA ENERGY INC (CTRA) 4014.6 SH 120,575 102,518
DANAOS CORP (DAC) 35 SH 2,485 2,802
DEVON ENERGY CORP (DVN) 344 SH 14,168 11,259
DISCOVER FINANCIAL SVS (DFS) 1000 SH 55,655 173,230
DODGE & COX INTL STOCK FD (DODFX) 2082 87,067 103,882
DUKE ENERGY CORP (DUK) 5000 SH 367,825 538,700
ENBRIDGE INC (ENB) 492 SH 19,494 20,876
EQUINOR ASA (EQNR) 200 SH 5,752 4,738
GENERAL DYNAMICS CORP (GD) 200 SH 38,657 52,698
GENERAL MILLS INC (GIS) 2000 SH 104,810 127,540
HOME DEPOT (HD) 1000 SH 79,365 388,990
JOHN HANCOCK FUNDS III (JVMRX) 1721 37,321 46,372
JP MORGAN CHASE & CO (JPM) 3500 SH 215,785 838,985
JPMORGAN US GOVT MM (OGVXX) 41721 S 41,721 41,721
KONTOOR BRANDS (KTB) 2100 SH 64,035 179,361
KROGER CO (KR) 4000 SH 90,061 244,600
LOCKHEED MARTIN (LMT) 120 SH 30,565 58,313
LOWES COS INC (LOW) 1010 SH 79,411 249,268
LTC PROPERTIES INC (LTC) 800 SH 34,899 27,640
MCDONALDS CORP (MCD) 1500 SH 150,101 434,835
MEDTRONIC PLC (MDT) 850 SH 70,138 67,898
MERCEDES-BENZ GROUP AG (MBGAF) 1247 SH 114,475 68,922
MERCK & CO INC (MRK) 4010 SH 219,976 398,915
MFS INTL VALUE FD (MINJX) 2449 SH 99,122 87,691
MICROSOFT (MSFT) 4500 SH 159,965 1,896,750
MONDELEZ INT (MDLZ) 1000 SH 34,750 59,730
MORGAN STANLEY (MS) 11500 SH 352,763 1,445,780
MOTOROLA SOLUTIONS INC (MSI) 499 SH 31,225 230,653
NEWMONT MINING CORP (NEM) 1000 SH 26,055 377,220
NORFOLK SOUTHERN CORP (NSC) 1600 SH 150,626 375,520
NORWEGIAN CRUISE LINE HOLDINGS (NCLH) 50 15,145 12,865
NOVARTIS AG SPONS ADR (NVS) 2500 SH 163,246 243,275
ONE GROUP HOSPITALITY INC (STKS) 2827 SH 2,504 30,644
O-I GLASS INC (OI) 158 SH 90,704 458
PFIZER INC (PFE) 29505 SH 864,050 782,768
PIMCO HIGH INCOME FD (PHK) 5000 SH 40,625 24,300
SHELL PLC SP ADR (SHEL) 1100 SH 70,394 68,915
ROYCE PREMIER FD INT CL (RPFIX) 2715 36,357 30,092
RYERSON HOLDING CORP (RYI) 52 SH 1,352 963
SMITH & WESSON BRANDS INC (SWBI) 200 SH 3,466 2,021
SOUTHWEST AIRLINES CO (LUV) 700 SH 36,650 23,534
JOINT CORP (JYNT) 24 SH 1,980 255
KRAFT HEINZ CO (KHC) 1000 SH 54,306 30,710
TROWE PRICE INT (TIDDX) 234 SH 13,431 14,697
TROWE PRICE INTL STOCK-I (PRIUX) 12961 88,268 104,225
UNION PAC CORP (UNP) 3000 SH 283,508 684,120
US STEEL CORP (X) 1000 SH 26,815 33,990
USCF MIDSTREAM ENERGY INCOME (UMI) 1000 23,017 49,650
VANGUARD GROWTH INDEX FD (VIGAX) 198 SH 11,472 41,790
VANGUARD HIGH DIVD YD (VHYAX) 24905 SH 110,000 111,740
VANGUARD INFO TECH (VGT) 125 SH 49,956 77,725
VANGUARD LIFESTRATEGY MODERN (VSMGX) 405 10,000 12,705
VANGUARD S&P ETF (VOO) 385 SH 170,127 207,280
VANGUARD SM-CAP VIPERS (VB) 100 SH 22,905 24,028
VANGUARD TOTAL STOCK MKT (VTI) 100 SH 15,310 28,981
VERIZON COMM (VZ) 2000 SH 83,899 79,980
VF CORP (VFC) 1400 SH 71,866 30,044
VIATRIS INC (VTRS) 434 SH 5,914 5,403
WALMART STORES INC (WMT) 3000 SH 76,420 271,050
WALT DISNEY CO (DIS) 280 SH 29,740 31,178
WENDY'S COMPANY (WEN) 2000 SH 16,700 32,600
XCEL ENERGY INC (XEL) 15000 SH 476,625 1,012,800
XPEL INC (XPEL) 35 SH 2,555 1,398
ZIONS BANCORP (ZION) 8000 SH 232,880 434,000
ALPHABET INC (GOOGL) 90 SH 9,972 17,037
AMAZON COM INC (AMZN) 300 SH 37,875 65,817
BROADCOM INC (AVGO) 300 SH 33,383 69,552
FORD MOTOR CO (F) 1000 SH 17,500 9,900
JOHNSON & JOHNSON (JNJ) 100 SH 16,500 14,462
NVIDIA CORP (NVDA) 1700 SH 54,550 228,292
PRINCIPAL MIDCAP FD (PMAQX) 4612 SH 174,383 205,813
SALESFORCE INC (CRM) 60 SH 9,484 20,060
TROWE PRICE MID-CAP GROWTH (RPMGX) 476 48,097 47,595
TARGET CORP (TGT) 420 SH 53,171 56,776
UNITED AIRLINES HOLDINGS (UAL) 500 SH 19,450 48,550
US BANCORP (USB) 1500 SH 45,900 71,745
AMRC AVNT ETF (AVDV) 218 SH 11,885 14,187
JPMORGAN MID CAP EQUITY (JCMAX) 7548 SH 387,602 467,464
VANGUARD GROWTH & INC (VQNPX) 248,425 235,515
VICTORY TRIVALENT INT SMCAP MIS 3668 SH 47,348 54,464
ARCADIUM LITHIUM (ALTM) 1203 SH 10,166 6,171
CAPITAL CLEAN ENERGY CARRIE (CCEC) 100 S 1,528 1,836
CENTRUS ENERGY CORP LEU 100 SH 6,700 6,661
CONOCOPHILLIPS (COP) 100 SH 10,587 9,917
DOLLAR GENERAL (DG) 300 SH 24,010 22,746
ISH CORE S&P 500 (IVV) 371 SH 189,691 218,400
ISH RS MD-C ETF (IWP) 1598 SH 135,290 141,263
JP MORGAN SMCAP VSCOX 2902 SH 83,245 77,325
MFS INSTIT INTER (MIEIX) 1546 SH 55,635 52,275
SIRIUS XM (SIRI) 500 SH 13,250 11,400
TXNM ENERGY INC (TXNM) 10000 SH 278,450 491,700
VANECK URANIUM NUCLEAR ETF 16,200 146,268
VANGUARD GROWTH ETF (VUG) 242 SH 95,308 99,138
VANGUARD SMALL CAP ETF 25,000 23,181

TY 2024 InvestmentsGovtObligationsSch
Name:
OUTCALT FOUNDATION
EIN:
20-7432649
Software ID:
24020490
Software Version:
2024v5.2
US Government Securities - End of Year Book Value:

25,978
US Government Securities - End of Year Fair Market Value:

24,210
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 InvestmentsOtherSchedule2
Name:
OUTCALT FOUNDATION
EIN:
20-7432649
Software ID:
24020490
Software Version:
2024v5.2
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
VACANT LAND- TRACT 4 STOCKTON ALAMOSA CO AT COST 24,000 60,000
VACANT LOT #11 CARROLL ADDN ALAMOSA CO AT COST 104,131 102,000
VACANT LOT #12 CAROLL ADDN ALAMOSA CO AT COST 88,364 98,000

TY 2024 OtherAssetsSchedule
Name:
OUTCALT FOUNDATION
EIN:
20-7432649
Software ID:
24020490
Software Version:
2024v5.2
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DIVIDENDS RECEIVABLE 19,486 19,527 19,527
SCHOLARSHIP RETURNS   2,500 2,500


TY 2024 OtherExpensesSchedule
Name:
OUTCALT FOUNDATION
EIN:
20-7432649
Software ID:
24020490
Software Version:
2024v5.2
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES/ SUBSCRIPTIONS 830      
INSURANCE 750      
OFFICE EXPENSE 1,221      


TY 2024 OtherLiabilitiesSchedule
Name:
OUTCALT FOUNDATION
EIN:
20-7432649
Software ID:
24020490
Software Version:
2024v5.2
Description Beginning of Year - Book Value End of Year - Book Value
PAYROLL LIABILITIES 248 1,018
Rounding 4  


TY 2024 OtherProfessionalFeesSchedule
Name:
OUTCALT FOUNDATION
EIN:
20-7432649
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EDWARD JONES/ VANGUARD FEES 33,891 33,891 0 0
KATHY WOODS 3,000 0 0 0
OTHER 7,500 0 0 0
THOMAS GREG CURTIS 3,000 0 0 0


TY 2024 TaxesSchedule
Name:
OUTCALT FOUNDATION
EIN:
20-7432649
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 13,094      
FOREIGN TAXES PAID 7,871 7,871    
PAYROLL TAXES 16,830 337    
PROPERTY TAXES 2,425