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 07-01-2024 , and ending 06-30-2025
Name of foundation
Horizon Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 816
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Rockport, MA01966
A Employer identification number

23-2867116
B Telephone number (see instructions)

(207) 773-5101
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$32,023,639J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 4,000 4,000  
4 Dividends and interest from securities... 381,713 381,713  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,588,995
b Gross sales price for all assets on line 6a 17,670,137
7 Capital gain net income (from Part IV, line 2)... 2,588,995
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........ 2,974,708 2,974,708  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 100,975 0   100,975
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 7,134 0   7,134
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
249 0   249
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,350 3,810   2,540
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
105,855 105,855   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
45,516 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
2,661 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,394 0   2,394
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,706 0   9,706
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 280,840 109,665   122,998
25 Contributions, gifts, grants paid....... 1,335,013 1,335,013
26 Total expenses and disbursements. Add lines 24 and 25 1,615,853 109,665   1,458,011
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,358,855
b Net investment income (if negative, enter -0-) 2,865,043
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............. 200 200 200
2 Savings and temporary cash investments......... 846,775 1,365,918 1,365,918
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 arrow200,000
Less: allowance for doubtful accounts right arrow0 200,000 200,000 200,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 633,559 Click to see attachment
List of Attached Documents:
// Content
553,006 		553,006
b Investments—corporate stock (attach schedule)....... 27,361,829 Click to see attachment
List of Attached Documents:
// Content
28,929,629 		28,929,629
c Investments—corporate bonds (attach schedule)....... 643,271 Click to see attachment
List of Attached Documents:
// Content
770,194 		770,194
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).......... 336,526 Click to see attachment
List of Attached Documents:
// Content
187,550 		187,550
14 Land, buildings, and equipment: basis right arrow86,594
Less: accumulated depreciation (attach schedule) right arrow69,452 7,923 Click to see attachment
List of Attached Documents:
// Content
17,142 		17,142
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,030,083 32,023,639 32,023,639
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........... 30,030,083 32,023,639
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)..... 30,030,083 32,023,639
30 Total liabilities and net assets/fund balances (see instructions). 30,030,083 32,023,639
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
30,030,083
2
Enter amount from Part I, line 27a .....................
2
1,358,855
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
634,701
4
Add lines 1, 2, and 3 ..........................
4
32,023,639
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
32,023,639
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 Publicly Traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 17,670,137   15,081,142 2,588,995
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,588,995
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,588,995
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 39,824
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 39,824
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 39,824
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 53,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 53,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 13,176
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow13,176 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 arrowME
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 arrowhorizonfoundation.org
14
The books are in care ofright arrowHorizon Foundation Inc Telephone no.right arrow (207) 773-5101

Located atright arrowPO Box 816RockportMA ZIP+4right arrow01966
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)
Yes
 
(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)
 
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
Margaret B Chadbourne Asst Treasurer/Exec Dir.
40.00 		93,250 7,725 0
PO Box 816
Rockport,MA01966
Alexander K Buck Jr Director
1.00 		0 0 0
PO Box 816
Rockport,MA01966
Alexander K Buck III Director (start 11/2024)
1.00 		0 0 0
PO Box 816
Rockport,MA01966
Anne E Buck Director
1.00 		0 0 0
PO Box 816
Rockport,MA01966
Allie W Buck Director (end 11/2024)
1.00 		0 0 0
PO Box 816
Rockport,MA01966
Mallory N Buck Director (end 5/2025)
1.00 		0 0 0
PO Box 816
Rockport,MA01966
Norman Harrison Buck Director
1.00 		0 0 0
PO Box 816
Rockport,MA01966
John A Ogden Director
1.00 		0 0 0
PO Box 816
Rockport,MA01966
Nancy B Buck Co-President/Director
5.00 		0 0 0
PO Box 816
Rockport,MA01966
Sarah M Buck Co-President/Director
5.00 		0 0 0
PO Box 816
Rockport,MA01966
Callie Buck Treasurer/Director
1.00 		0 0 0
PO Box 816
Rockport,MA01966
Johnny P Ritzo Vice President/Secretary
1.00 		0 0 0
PO Box 816
Rockport,MA01966
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
30,189,627
b
Average of monthly cash balances.......................
1b
1,165,284
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
31,354,911
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
31,354,911
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
470,324
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
30,884,587
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,544,229
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
1,544,229
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
39,824
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
39,824
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,504,405
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,504,405
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
1,504,405
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
1,458,011
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
11,880
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
1,469,891
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 1,504,405
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 71,562
b From 2020...... 20,297
c From 2021...... 22,936
d From 2022...... 126,877
e From 2023......  
f Total of lines 3a through e ........ 241,672
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,469,891
a Applied to 2023, but not more than line 2a 0
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..... 1,469,891
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 34,514 34,514
(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 5 207,158
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) ... 		37,048
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		170,110
10 Analysis of line 9:
a Excess from 2020.... 20,297
b Excess from 2021.... 22,936
c Excess from 2022.... 126,877
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:
Horizon Foundation
PO Box 816
Rockport,MA01966
(207) 773-5101
info@horizonfoundation.org
bThe form in which applications should be submitted and information and materials they should include:
Horizon Foundation has shifted to an invite-only application process. If your organization received funding in the fall of 2023 or earlier you will be considered. Please visit the website for further information: https://www.horizonfoundation.org/how-to-apply
cAny submission deadlines:
In October 2025 we will invite organizations to apply. Application deadline is November 3, 2025.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Horizon generally will make grants in the $5,000 to $20,000 range, with an average grant size of about $12,500. The Foundation does not fund or consider applications for: Annual, building, capital, or endowment fund drives; Colleges and universities; Emergency requests; Health/mental health programs; Individuals; International or foreign programs; Public and private schools; Religious projects; and/or State agencies. Additionally, past grantees must wait at least two years before reapplying.
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

3S Artspace

319 Vaughan Street
Portsmouth,NH03801 		N/A PC General Support 20,000

7 Lakes Alliance

137 Main Street
Belgrade Lakes,ME04918 		N/A PC General Support 6,513

A Company of Girls

PO Box 7527
Portland,ME04112 		N/A PC General Support 10,000

Alliance to Protect Nantucket Sound

4 Barnstable Road
Hyannis,MA02601 		N/A PC General Support 17,500

American Saltwater Guides Association

PO Box 20482
Floral Park,NY11002 		N/A PC General Support 10,000

Apex Youth Connection

PO Box 783
Biddeford,ME04005 		N/A PC General Support 8,000

Arts Foundation of Cape Cod

396 Main Street
Hyannis,MA02601 		N/A PC General Support 15,000

Banner Lake Club Inc

12212 SE Lantana Ave
Hobe Sound,FL33475 		N/A PC General Support 20,000

Barnstable Clean Water Coalition

PO Box 215
Osterville,MA02655 		N/A PC General Support 15,000

Big Brothers Big Sisters Mid Maine

66 Elm Street 100
Camden,ME04843 		N/A PC General Support 10,000

Bigelow Laboratory for Ocean Sciences

60 Bigelow Drive
East Boothbay,ME04544 		N/A PC General Support 10,000

Blue Scholars Initiative

6375 SW 106th Street
Miami,FL33143 		N/A PC General Support 10,000

Boys & Girls Club of Martin County Inc

PO Box 910
Hobe Sound,FL33475 		N/A PC General Support 20,000

Bozeman Bike Kitchen

2104 Industrial Drive
Bozeman,MT59715 		N/A PC General Support 10,000

Camp Boggy Creek

30500 Brantley Branch Road
Eustis,FL32736 		N/A PC General Support 15,000

Cape Arts and Entertainment

2235 Iyannough Road
West Barnstable,MA02668 		N/A PC General Support 10,000

Cape Cod Maritime Museum

135 South Street
Hyannis,MA02601 		N/A PC General Support 12,500

Carver Foundation of Norwalk CT

7 Academy Street
Norwalk,CT06850 		N/A PC General Support 20,000

Central Lincoln County YMCAFarms at the Y

525 Main Street
Damariscotta,ME04543 		N/A PC General Support 10,000

Chebeague & Cumberland Land Trust

371 Tuttle Road 2
Cumberland,ME04021 		N/A PC General Support 13,000

Coastal Kids Preschool

12 Jackies Trail
Damariscotta,ME04543 		N/A PC General Support 5,000

Coastal Rivers Conservation Trust

12 Roundtop Lane
Damariscotta,ME04543 		N/A PC General Support 12,000

Comic Kids

9898 SW 114th Street
Miami,FL33176 		N/A PC General Support 7,500

Connecticut Zoological Society Inc

1875 Noble Avenue
Bridgeport,CT06610 		N/A PC General Support 12,500

Conservation Law Foundation

62 Summer Street
Boston,MA02110 		N/A PC General Support 15,000

Cultivating Community

PO Box 3792
Portland,ME04104 		N/A PC General Support 13,000

Daniel Webster Council Boy Scouts of America

1500 Bodwell Road
Manchester,NH03109 		N/A PC General Support 5,000

Defend Our Health

565 Congress Street Suite 204
Portland,ME04101 		N/A PC General Support 10,000

Delray Beach Children's Garden Inc

137 SW 2nd Avenue
Delray Beach,FL33444 		N/A PC General Support 5,000

Eagle Mount Bozeman

6901 Goldenstein Lane
Bozeman,MT59715 		N/A PC General Support 10,000

Friends of the Gallatin National Forest Avalanche Center

PO Box 6799
Bozeman,MT59771 		N/A PC General Support 10,000

Girl Scouts of Eastern Massachusetts

265 Beaver Street
Waltham,MA02452 		N/A PC General Support 12,500

Greater Franklin Food Council

323 Fairbanks Road
Farmington,ME04938 		N/A PC General Support 10,000

GrowSmart Maine

227 Water Street
Augusta,ME04330 		N/A PC General Support 10,000

Hardy Girls

PO Box 821
Waterville,ME04903 		N/A PC General Support 10,000

Help Center Inc

699 Farmhouse Lane
Bozeman,MT59715 		N/A PC General Support 5,000

High Peaks Alliance

PO Box 987
Farmington,ME04938 		N/A PC General Support 12,500

Higher Ground

100 S Leadville Ste 100
Ketchum,ID83340 		N/A PC General Support 20,000

House of Hope

2484 SE Bonita Street
Stuart,FL34997 		N/A PC General Support 20,000

HRDC

32 S Tracy Avenue
Bozeman,MT59715 		N/A PC General Support 13,000

Indigo Arts Alliance

60 Cove Street
Portland,ME04101 		N/A PC General Support 10,000

Jobs for Maine's Graduates Inc

65 Stone Street
Augusta,ME04330 		N/A PC General Support 10,000

Kieve Wavus Education

42 Kieve Road
Nobleboro,ME04555 		N/A PC General Support 20,000

LearningWorks

190 Riverside Street Unit 6B
Portland,ME04103 		N/A PC General Support 10,000

Locker Project

PO Box 3134
Portland,ME04104 		N/A PC General Support 10,000

LoveYourBrain Foundation

PO Box 247
Norwich,VT05055 		N/A PC General Support 5,000

Maine Audubon

20 Gilsland Farm Road
Falmouth,ME04105 		N/A PC General Support 15,000

Maine Environmental Education Association

31 Woodside Road
Brunswick,ME04011 		N/A PC General Support 10,000

Maine Island Trail Association

100 Kensington Street 2nd Floor
Portland,ME04103 		N/A PC General Support 10,000

Maine State Music Theatre

22 Elm Street
Brunswick,ME04011 		N/A PC General Support 10,000

Maltz Jupiter Theatre

1001 E Indiantown Road
Jupiter,FL33477 		N/A PC General Support 15,000

Massachusetts Audubon Society

208 South Great Road
Lincoln,MA01773 		N/A PC General Support 15,000

Midcoast Conservancy

PO Box 439
Edgecomb,ME045560439 		N/A PC General Support 10,000

Mill River Park Collaborative

1010 Washington Boulevard
Stamford,CT06901 		N/A PC General Support 15,000

Montana Conservation Corps

301 N Willson Avenue
Bozeman,MT59715 		N/A PC General Support 10,000

My Place Teen Center

755 Main Street
Westbrook,ME04092 		N/A PC General Support 10,000

NAMI Wood River Valley (NAMI-WRV)

PO Box 95
Hailey,ID83333 		N/A PC General Support 10,000

Natural Resources Council of Maine

3 Wade Street
Augusta,ME04330 		N/A PC General Support 13,000

New Canaan Country School

635 Frogtown Road
New Canaan,CT06840 		N/A PC Horizons Student Enrichment Program 20,000

New Hampshire Charitable Foundation

37 Pleasant Street
Concord,NH03301 		N/A PC General Support 15,000

New Hampshire Philharmonic Orchestra Inc

PO Box 1651
Concord,NH033021651 		N/A PC General Support 10,000

Northern Forest Center

18 N Main Street Suite 204
Concord,NH03301 		N/A PC General Support 10,000

Norwalk Grassroots Tennis & Education

11 Ingalls Avenue
Norwalk,CT06854 		N/A PC General Support 15,000

Osterville Village Library

43 Wianno Avenue
Osterville,MA02655 		N/A PC General Support 20,000

Palaver Strings Inc

380 Cumberland Avenue
Portland,ME041012920 		N/A PC General Support 10,000

Penikese Island School Inc

PO Box 161
Woods Hole,MA02543 		N/A PC General Support 10,000

Plimoth Patuxet Museums

137 Warren Avenue
Plymouth,MA02360 		N/A PC General Support 10,000

Portland Community Squash

66 Noyes Street
Portland,ME04103 		N/A PC General Support 20,000

Portland Ovations

120 Exchange Street
Portland,ME04101 		N/A PC General Support 10,000

Portland Parks Conservancy

212 Canco Road Suite A
Portland,ME04103 		N/A PC General Support 13,000

Portland Public Library

5 Monument Square
Portland,ME04101 		N/A PC General Support 10,000

Portland Trails

38 Diamond Street
Portland,ME04101 		N/A PC General Support 10,000

Portsmouth Historical Society

10 Middle Street
Portsmouth,NH03801 		N/A PC General Support 10,000

Preble Street

55 Portland Street
Portland,ME04101 		N/A PC General Support 13,000

Preservation Foundation of Palm Beach

311 Peruvian Avenue
Palm Beach,FL33480 		N/A PC General Support 15,000

Princeton First Aid & Rescue Squad

2 Mount Lucas Road
Princeton,NJ08540 		N/A PC General Support 10,000

Project LIFT Inc

1330 SW 34th Street
Palm City,FL34990 		N/A PC General Support 15,000

ProsperityME

175 Lancaster Street
Portland,ME04101 		N/A PC General Support 20,000

Rangeley Lakes Heritage Trust

2424 Main Street
Rangeley,ME04970 		N/A PC General Support 20,000

REACH Western Connecticut

117 Old State Road
Brookfield,CT06804 		N/A PC General Support 10,000

Regional YMCA of Western CT

246 Federal Road Unit B21
Brookfield,CT06804 		N/A PC General Support 10,000

Rippleffect

PO Box 441
Portland,ME04112 		N/A PC General Support 12,000

Roots Family Collaborative

1716 W Main Street Suite 8D
Bozeman,MT59715 		N/A PC General Support 10,000

Seacoast Science Center Inc

570 Ocean Boulevard
Rye,NH038702104 		N/A PC General Support 10,000

Sierra Club Foundation

2101 Webster Street
Oakland,CA94612 		N/A PC Sierra Club, Maine Chapter 10,000

Silvermine Arts Center

1037 Silvermine Road
New Canaan,CT06840 		N/A PC General Support 10,000

Spaulding Rehabilitation Hospital Corporation

300 First Avenue
Charlestown,MA02129 		N/A PC General Support 17,500

Stamford Hospital

1 Hospital Plaza
Stamford,CT06902 		N/A PC General Support 5,500

Stamford Public Education Foundation

177 Broad Street
Stamford,CT06901 		N/A PC General Support 10,000

Stratford Library Association

2203 Main Street
Stratford,CT06615 		N/A PC General Support 10,000

Subcircle

97 Guinea Road
Biddeford,ME04005 		N/A PC General Support 7,500

Sugarloaf Ski Club

9008 Main Street
Carrabassett Valley,ME04947 		N/A PC General Support 5,000

Teens to Trails

179 Neptune Drive Suite 300
Brunswick,ME04011 		N/A PC General Support 10,000

The Dirt Concern DBA Southwest Montana Mountain Bike Association

PO Box 1855
Bozeman,MT59771 		N/A PC General Support 13,000

The Ecology School

184 Simpson Road
Saco,ME04072 		N/A PC General Support 20,000

The Everglades Foundation

18001 Old Cutler Road
Palmetto Bay,FL33157 		N/A PC General Support 20,000

The Granite YMCA

670 N Commercial Street Suite 103
Manchester,NH03101 		N/A PC General Support 10,000

The Maine Center for Public Interest Reporting

PO Box 284
Hallowell,ME04347 		N/A PC General Support 15,000

The Mather Homestead Foundation

19 Stephen Mather Road
Darien,CT06820 		N/A PC General Support 5,000

The Nature Conservancy

4245 Fairfax Drive 100
Arlington,VA22203 		N/A PC The Nature Conservancy in Idaho 20,000

The Westport Library Association

20 Jesup Road
Westport,CT068804309 		N/A PC General Support 12,500

Tinworks Art

PO Box 1558
Bozeman,MT59771 		N/A PC General Support 13,000

Truro Center for the Arts at Castle Hill

PO Box 756
Truro,MA02666 		N/A PC General Support 12,500

Vigorous Tenderness

67 Ray Street
Portland,ME04103 		N/A PC General Support 10,000

Wayside Food Programs

PO Box 1278
Portland,ME04104 		N/A PC General Support 7,500

West End House Girls Camp

39 Pineridge Road
Parsonsfield,ME04047 		N/A PC General Support 12,000

Westrick Music Academy

231 Clarksville Road Suite 8
Princeton Junction,NJ08550 		N/A PC General Support 7,000

Wood River Land Trust

119 E Bullion Street
Hailey,ID83333 		N/A PC General Support 20,000

YMCA Cape Cod

2245 Iyannough Road
West Barnstable,MA02668 		N/A PC General Support 12,500

Youth Full Maine

PO Box 745
Biddeford,ME04005 		N/A PC General Support 13,000
Total .................................right arrow 3a 1,335,013
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 ........... 		    14 4,000  
4 Dividends and interest from securities ....     14 381,713  
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 2,588,995  
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) .. 0 2,974,708 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,974,708
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
Horizon Foundation Inc
EIN:
23-2867116
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting & Tax Services 6,350 3,810   2,540

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

TY 2024 DepreciationSchedule
Name:
Horizon Foundation Inc
EIN:
23-2867116
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
Furniture and Fixture 2015-01-01 13,500 13,500 SL 5.000000000000 0 0    
Computer equipment 2015-01-01 11,754 11,754 SL 5.000000000000 0 0    
Furniture and Fixture 2015-01-01 3,354 3,354 SL 5.000000000000 0 0    
Furniture and Fixture 2016-01-01 9,200 9,200 SL 5.000000000000 0 0    
Computer 2017-07-01 3,333 3,333 SL 5.000000000000 0 0    
Furniture and Fixture 2018-01-01 9,500 9,500 SL 5.000000000000 0 0    
Computer 2018-01-01 617 617 SL 5.000000000000 0 0    
Furniture and Fixture 2020-01-01 10,000 8,333 SL 3.000000000000 0 0    
Furniture and Fixture 2022-01-01 10,800 7,200 SL 3.000000000000 1,800 0    
Computer 2024-06-27 2,656   SL 5.000000000000 531 0    
Software 2025-05-19 11,880   SL 3.000000000000 330 0    

TY 2024 InvestmentsCorpBondsSchedule
Name:
Horizon Foundation Inc
EIN:
23-2867116
Name of Bond End of Year Book Value End of Year Fair Market Value
27972 Units Union Pacific Rr 3.227% 27,752 27,752
4500 Units Petroleos Mexicanos 2.46% 4,391 4,391
6316 Units Reliance Inds Ltd 1.87% 6,319 6,319
20000 Units Consolidated Edison 4.87726% 20,050 20,050
25000 Units Public Storage 5.061212% 25,312 25,312
25000 Units Adobe Inc 4.85% 25,643 25,643
25000 Units Amazon Com Inc 4.65% 25,620 25,620
25000 Units Apple 1.4% 23,302 23,302
18000 Units Eaton Corp 3.103% 17,832 17,832
26000 Units Ecolab Inc 1.65% 25,210 25,210
21000 Units Kimberly Clark Corp 3.05% 21,222 21,222
16000 Units Lowes 4.8% 16,223 16,223
16000 Units McCormick & Co. 3.4% 15,920 15,920
15000 Units McDonalds Corp 3.5% 14,986 14,986
21000 Units Mead Johnson Nutrition 4.125% 21,082 21,082
22000 Units Paccar Financial Corp 3.55% 22,280 22,280
25000 Units Pfizer Invt Enterprises 4.45% 25,323 25,323
28000 Units Pioneer Nat Res Co 1.125% 27,633 27,633
18000 Units PPG Inds Inc 1.2% 17,645 17,645
20000 Units Ross Stores 0.875% 19,465 19,465
16000 Units Stryker Corp 3.5% 16,070 16,070
18000 Units United Technologies Corp 3.95% 18,243 18,243
18000 Units Waste Connections 4.25% 18,129 18,129
25000 Units Centerpoint Energy Houston 2.4% 24,636 24,636
32000 Units DTE Elec 4.85% 32,514 32,514
23000 Units Evergy Kans Cent 2.55% 22,852 22,852
15000 Units Keyspan 8% 17,238 17,238
22000 Units Louisville Gas & Elec Co 3.3% 22,079 22,079
30000 Units Northn Sts Pwr Co 3.15% 31,065 31,065
32000 Units Peco Energy 3.15% 32,111 32,111
22000 Units Public Svc 3.7% 21,711 21,711
21000 Units Sierra Pac Pwr Co 2.6% 20,743 20,743
16000 Units Virginia Elec & Pwr 3.5% 15,990 15,990
20000 Units Wisconsin Pwr & Lt 3.05% 19,550 19,550
20000 Units Mid-America Apts 4.2% 19,994 19,994
32000 Units Asian Dev Bk 6.22% 34,059 34,059

TY 2024 InvestmentsCorpStockSchedule
Name:
Horizon Foundation Inc
EIN:
23-2867116
Name of Stock End of Year Book Value End of Year Fair Market Value
470 Units Alphabet 83,373 83,373
450 Units Applied Materials Inc 82,382 82,382
400 Units Broadcom Ltd 110,260 110,260
1535 Units KBR Inc 73,588 73,588
170 Units Meta Platforms 125,475 125,475
170 Units Microsoft 84,560 84,560
450 Units Oracle 98,384 98,384
745 Units TD Synnex Corp 101,097 101,097
1150 Units Cisco Systems 79,787 79,787
960 Units Abbott 130,570 130,570
3695 Units Avantor Inc 49,735 49,735
425 Units Becton Dickinson & Co 73,206 73,206
530 Units Cardinal Health Inc 89,040 89,040
875 Units GE Healthcare Technologies 64,811 64,811
200 Units Stryker Corp 79,126 79,126
200 Units Ameriprise 106,746 106,746
1630 Units Citigroup 138,746 138,746
4160 Units Columbia Bkg Sys 97,261 97,261
640 Units KKR & Co 85,139 85,139
380 Units Marsh & McClennan 83,083 83,083
585 Units PNC Financial Services 109,056 109,056
590 Units Raymond James 90,488 90,488
1910 Units Synovus Finl 98,843 98,843
2010 Units American Homes 4 Rent 72,501 72,501
515 Units Extra Space Storage 75,932 75,932
1935 Units Omega Healthcare 70,918 70,918
2595 Units Borgwarner 86,881 86,881
530 Units DR Horton Inc 68,328 68,328
2560 Units Delta Air Lines Inc 125,901 125,901
580 Units Genuine Parts Co 70,360 70,360
220 Units Home Depot 80,661 80,661
200 Units Murphy USA 81,360 81,360
570 Units Target 56,231 56,231
985 Units Cvs Health 67,945 67,945
315 Units Hershey Co 52,274 52,274
725 Units Mondelez Intl 48,894 48,894
1650 Units US Foods Holding Corp 127,066 127,066
540 Units Ametek Inc 97,718 97,718
500 Units Builders Firstsource Inc 58,345 58,345
390 Units Carlisle Cos Inc 145,625 145,625
1080 Units Crane Nxt Co 58,212 58,212
260 Units Curtiss Wright Corp 127,022 127,022
765 Units Dupont De Nemours 52,471 52,471
1195 Units Fidelity Natl 97,285 97,285
1780 Units Flowserve Corp 93,183 93,183
900 Units Johnson Ctls Intl 95,058 95,058
180 Units Martin Marietta 98,813 98,813
230 Units Union Pacific 52,918 52,918
230 Units Zebra Technologies Corp 70,923 70,923
380 Units Avery Dennison 66,679 66,679
610 Units Atmos Energy 94,006 94,006
575 Units Clean Harbors Inc 132,928 132,928
520 Units Waste Connections 97,094 97,094
85 Units Asml Holding 68,118 68,118
7 Units Constellation Software 25,688 25,688
110 Units Cyberark Software LTD 44,757 44,757
1800 Units Disco Corp 53,123 53,123
210 Units SAP SE 63,861 63,861
265 Units Taiwan Semiconductor 60,020 60,020
660 Units Tokyo Electron LTD 63,238 63,238
375 Units Astrazeneca PLC 26,205 26,205
755 Units Novo Nordisk 52,110 52,110
2050 Units Stevanato Group S P A Ord SHS 50,082 50,082
150 Units Aon Plc 53,514 53,514
1007 Units Brookfield Asset Mgmt 62,283 62,283
2510 Units Nu Hldgs LTD 34,437 34,437
1040 Units Tokio Marine Holdings 43,999 43,999
275 Units Colliers Intl Group 35,899 35,899
110 Units Ferrari 53,981 53,981
40 Units Mercadolibre 104,545 104,545
1055 Units On Holding AG Namen 54,913 54,913
3750 Units Prosus N V 41,792 41,792
3395 Units Universal Music Group 54,757 54,757
660 Units Canadian Natl 68,666 68,666
255 Units CRH PLC 23,409 23,409
200 Units Eaton Corp 71,398 71,398
97 Units Rheinmetall AG 40,922 40,922
2398 Units Anglo American PLC 35,326 35,326
95 Units Linde PLC 44,572 44,572
440 Units Valterra Platinum LTD 3,261 3,261
190 Units Waste Connections Inc 35,477 35,477
135 Units Itochu Corp 14,124 14,124
90 Units Marubeni Corp 18,150 18,150
805 Units Mitsubishi Corp 16,095 16,095
35 Units Mitsui & Co LTD 14,282 14,282
610 Units Sumitomo Corp 15,748 15,748
490 Units Astera Labs Inc 44,306 44,306
320 Units Macom Tech Solutions Holdings 45,853 45,853
134 Units Manhattan Assocs Inc 26,461 26,461
452 Inits Procore Technologies Inc 30,926 30,926
233 Units SPS Comm Inc 31,709 31,709
593 Units Vertex Inc 20,954 20,954
416 Units Addus Homecare Corp 47,919 47,919
426 Units Encompass Health Corp 52,240 52,240
244 Units Ensign Group Inc 37,639 37,639
2312 Units Evolent Health Inc 26,033 26,033
950 Units Radnet Inc 54,065 54,065
1157 Units Cadence Bank 37,001 37,001
1477 Units Clearwater Analytics Hldgs Inc 32,391 32,391
2251 Units Ezcorp Inc 31,244 31,244
71 Units Kinsale Cap Group 34,357 34,357
330 Units Floor & Dcor Hldg Corp 25,067 25,067
475 Units On Hldg AG 24,724 24,724
111 Units Wingstop Inc 37,378 37,378
1141 Units Celsius Holdings Inc 52,931 52,931
303 Units Freshpet Inc 20,592 20,592
230 Units Crane Co 43,675 43,675
430 Units Exponent Inc 32,125 32,125
145 Units Lincoln Elec Holdings Inc 30,061 30,061
422 Units Loar Holdings Inc 36,364 36,364
210 Units Matson Inc 23,384 23,384
356 Units MKS Instrs Inc 35,372 35,372
284 Units Regal Rexnord Corp 41,168 41,168
258 Units SPX Technologies Inc 43,260 43,260
819 Units Advanced Micro Devices Inc 116,216 116,216
994 Units Broadcom Inc 273,996 273,996
446 Units Cadence Design System 137,435 137,435
253 Units Doordash Inc 62,367 62,367
102 Units Intuit 80,338 80,338
698 Units Lam Research Corp 67,943 67,943
440 Units Meta Platforms Inc 324,760 324,760
607 Units Microsoft Corp 301,928 301,928
215 Units Monolithic Power System Inc 157,247 157,247
4455 Units Nvidia Corp 703,845 703,845
528 Units Salesforce Com Inc 143,980 143,980
102 Units Servicenow Inc 104,864 104,864
500 Units Shopify Inc 57,675 57,675
514 Units Taiwan Semiconductor MFG LTD 116,416 116,416
860 Units Arista Networks Inc 87,987 87,987
207 Units Motorola Solutions Inc 87,035 87,035
246 Units Alnylam Pharmaceuticals Inc 80,218 80,218
1571 Units Astrazeneca PLC 109,781 109,781
234 Units Intuitive Surgical Inc 127,158 127,158
1383 Units Novo-Nordisk 95,455 95,455
336 Units Stryker Corp 132,932 132,932
607 Units Zoetis Inc 94,662 94,662
327 Units Gallagher Arthur J & Co 104,679 104,679
1639 Units Amazon.com Inc 359,580 359,580
1748 Units Chipotle Mexican Grill Inc 98,150 98,150
2189 Units Copart Inc 107,414 107,414
403 Units Lowes Cos Inc 89,414 89,414
107 Units Netflix Inc 143,287 143,287
1815 Units O'Reilly Automotive Inc 163,586 163,586
477 Units Ross Stores Inc 60,856 60,856
2289 Units Monster Beverage Corp 143,383 143,383
47 Units Fair Isaac Corp 85,914 85,914
141 Units Parker Hannifin Corp 98,484 98,484
438 Units Visa Inc 155,512 155,512
607 Units Waste Connections Inc 113,339 113,339
170 Units Advanced Energy Inds 22,525 22,525
720 Units Allegro Microsystems Inc 24,617 24,617
370 Units KBR Inc 17,738 17,738
200 Units Plexus Corp 27,062 27,062
170 Units TD Synnex Corp 23,069 23,069
880 Units Avantor Inc 11,845 11,845
210 Units Conmed Corp 10,937 10,937
230 Units Encompass Health Corp 28,205 28,205
200 Units Integer Hldgs Corp 24,594 24,594
230 Units Lantheus Hldgs Inc 18,828 18,828
825 Units Cadence Bank 26,384 26,384
935 Units Columbia Bkg Sys Inc 21,860 21,860
140 Units Hanover Ins Group Inc 23,782 23,782
1060 Units Old Natl Bankcorp Ind 22,620 22,620
310 Units Stifel Finl Corp 32,172 32,172
475 Units Synovus Finl Corp 24,581 24,581
490 Units American Homes 4 Rent 17,674 17,674
270 Units Centerspace 16,251 16,251
90 Units Eastgroup Ppty Inc 15,041 15,041
850 Units Netstreit Corp 14,391 14,391
510 Units Borgwarner Inc 17,075 17,075
550 Units La Z Boy Inc 20,444 20,444
45 Units Murphy USA 18,306 18,306
215 Units Service Corp Intl 17,501 17,501
500 Units Simply Good Foods 15,795 15,795
400 Units US Foods Hldg Corp 30,804 30,804
270 Units Arcosa Inc 23,412 23,412
180 Units Brunswick Corp 9,943 9,943
300 Units BWX Technologies Inc 43,218 43,218
70 Units Carlisle Cos Inc 26,138 26,138
80 Units Char Inds Inc 13,172 13,172
550 Units Core & Main Inc 33,193 33,193
275 Units Crane Nxt Co 14,823 14,823
60 Units Curtiss Wright Corp 29,313 29,313
650 Units Exlservice Holdings Inc 28,464 28,464
175 Units Federal Signal Corp 18,624 18,624
360 Units Flowserve Corp 18,846 18,846
180 Units Fuller HB Co 10,827 10,827
690 Units Graphic Packaging Hldg Co 14,538 14,538
140 Units ICF Intl Inc 11,859 11,859
80 Units Littlefuse Inc 18,138 18,138
320 Units Trimble Inc 24,314 24,314
545 Units Willscot Mobil Mini Hldng Corp 14,933 14,933
50 Units Zebra Technologies Corp 15,418 15,418
80 Units Avery Dennison Corp 14,038 14,038
860 Units Element Solutions Inc 19,478 19,478
120 Units Atmos Energy Corp 18,492 18,492
200 Units Casella Waste Sys Inc 23,075 23,075
120 Units Clean Harbors Inc 27,741 27,741
500 Units Adobe Sys Inc 193,440 193,440
800 Units Alphabet Inc Cap Stk Cl A 140,984 140,984
4201 Units Alphabet Inc Cap Stk Cl C 745,215 745,215
900 Units Ansys Inc Com 316,098 316,098
3996 Units Apple Inc Com 819,859 819,859
1642 Units Broadcom Inc 452,617 452,617
477 Units Meta Platforms Inc 352,069 352,069
1471 Units Microsoft Corp 731,690 731,690
2739 Units Nvidia Corp 432,735 432,735
1200 Units Qualcomm Inc 191,112 191,112
600 Units Roper Technologies Inc 340,104 340,104
270 Units Servicenow Inc 277,582 277,582
4000 Units Verizon 173,080 173,080
779 Units Abbvie Inc 144,598 144,598
1600 Units Danaher Corp 316,064 316,064
2000 Units Johnson & Johnson 305,500 305,500
1250 Units Resmed Inc 322,500 322,500
1000 Units Stryker 395,630 395,630
400 Units Thermo Fisher Scientific Inc 162,184 162,184
520 Units Vertex Phamaceuticals Inc 231,504 231,504
1000 Units Chubb Limited 289,720 289,720
1000 Units Gallagher Arthur J 320,120 320,120
2087 Units JP Morgan Chase & Co 605,042 605,042
2400 Units Iron Mtn 246,168 246,168
1681 Units Amazon Com Inc 368,795 368,795
75 Units Booking Hldgs Inc 434,193 434,193
2400 Units Carmax Inc 161,304 161,304
500 Units Costco Inc 494,970 494,970
800 Units Home Depot 293,312 293,312
900 Units McDonalds 262,953 262,953
4875 Units O Reilly Automotive 439,384 439,384
2600 Units Tjx Cos Ic 321,074 321,074
2500 Units Church & Dwight 240,275 240,275
1400 Units PepsiCo 184,856 184,856
1600 Units Procter & Gamble 254,912 254,912
1027 Units Accenture Plc 306,960 306,960
1000 Units Automatic Data 308,400 308,400
672 Units Carlisle Cos Inc 250,925 250,925
1800 Units Fiserv Inc 310,338 310,338
816 Units L3Harris Technologies Inc 204,685 204,685
200 Units Mettler Toledo 234,944 234,944
2100 Units RTX Corp 306,642 306,642
750 Units Verisk Analytics 233,625 233,625
1594 Units Visa Inc 565,950 565,950
1594 Units Watsco Inc 353,296 353,296
2000 Units Xylem Inc 258,720 258,720
1200 Units Ecolab Inc 323,328 323,328

TY 2024 InvestmentsGovtObligationsSch
Name:
Horizon Foundation Inc
EIN:
23-2867116
US Government Securities - End of Year Book Value:

542,540
US Government Securities - End of Year Fair Market Value:

542,540
State & Local Government Securities - End of Year Book Value:


10,466
State & Local Government Securities - End of Year Fair Market Value:


10,466


TY 2024 InvestmentsOtherSchedule2
Name:
Horizon Foundation Inc
EIN:
23-2867116
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
5000 Units First Tr Exchange Traded FMV 187,550 187,550

TY 2024 LandEtcSchedule2
Name:
Horizon Foundation Inc
EIN:
23-2867116
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Computer Equipment 18,360 16,235 2,125 2,125
Furniture and Fixtures 68,234 53,217 15,017 15,017


TY 2024 LegalFeesSchedule
Name:
Horizon Foundation Inc
EIN:
23-2867116
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 249 0   249


TY 2024 OtherExpensesSchedule
Name:
Horizon Foundation Inc
EIN:
23-2867116
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Office Supplies and Expenses 7,905 0   7,905
Insurance 1,801 0   1,801


TY 2024 OtherIncreasesSchedule
Name:
Horizon Foundation Inc
EIN:
23-2867116
Description Amount
Unrealized Gain on Investments 634,701


TY 2024 OtherProfessionalFeesSchedule
Name:
Horizon Foundation Inc
EIN:
23-2867116
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Fees 105,855 105,855   0


TY 2024 TaxesSchedule
Name:
Horizon Foundation Inc
EIN:
23-2867116
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Federal Excise Taxes 45,516 0   0