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
The Ruthmere Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)302 E Beardsley Ave
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Elkhart, IN46514
A Employer identification number

32-0037914
B Telephone number (see instructions)

(574) 264-0330
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$11,849,900J 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) 253,566
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 272,002 272,002 272,002
5a Gross rents............ 1,175   1,175
b Net rental income or (loss) 1,175
6a Net gain or (loss) from sale of assets not on line 10 608,745
b Gross sales price for all assets on line 6a 5,828,031
7 Capital gain net income (from Part IV, line 2)... 608,745
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
52,238 0 52,238
12 Total. Add lines 1 through 11........ 1,187,726 880,747 325,415
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 298,672 0 0 298,672
14 Other employee salaries and wages...... 104,852 0 0 104,852
15 Pension plans, employee benefits....... 24,958 0 0 0
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
5,461 2,731 0 2,730
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
13,149 6,575 0 6,574
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
36,655 32,843 0 3,812
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
34,629 0 0 34,629
19 Depreciation (attach schedule) and depletion... 11,699 0 0
20 Occupancy.............. 48,711 0 0 48,711
21 Travel, conferences, and meetings....... 12,669 0 0 12,669
22 Printing and publications.......... 15,543 0 0 15,543
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
581,046 0 57,346 523,700
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,188,044 42,149 57,346 1,051,892
25 Contributions, gifts, grants paid....... 5,460 5,460
26 Total expenses and disbursements. Add lines 24 and 25 1,193,504 42,149 57,346 1,057,352
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,778
b Net investment income (if negative, enter -0-) 838,598
c Adjusted net income (if negative, enter -0-)... 268,069
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............. 175,378 46,296 46,296
2 Savings and temporary cash investments......... 288,165 150,465 150,465
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 8,290,780 Click to see attachment
List of Attached Documents:
// Content
8,439,784 		8,439,784
14 Land, buildings, and equipment: basis right arrow511,409
Less: accumulated depreciation (attach schedule) right arrow178,890 314,112 332,519 332,519
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,432,533 		Click to see attachment
List of Attached Documents:
// Content
2,880,836 		Click to see attachment
List of Attached Documents:
// Content
2,880,836
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,500,968 11,849,900 11,849,900
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........... 9,146,744 9,045,921
25 Net assets with donor restrictions............ 2,354,224 2,803,979
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)..... 11,500,968 11,849,900
30 Total liabilities and net assets/fund balances (see instructions). 11,500,968 11,849,900
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
11,500,968
2
Enter amount from Part I, line 27a .....................
2
-5,778
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
394,734
4
Add lines 1, 2, and 3 ..........................
4
11,889,924
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
40,024
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
11,849,900
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 P    
b Capital Gains Dividends P    
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 5,827,998   5,219,286 608,712
b 33     33
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       608,712
b       33
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 2 608,745
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 0
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 11,657
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 11,657
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 11,657
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 5,880
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 12,500
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,380
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 6,723
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow6,723 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 arrowIN
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
Yes
 
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 arrowwww.ruthmere.org
14
The books are in care ofright arrowRuthmere Headquarters Telephone no.right arrow (574) 264-0330

Located atright arrow302 E Beardsley AveElkhartIN ZIP+4right arrow46514
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Edward A Beardsley President
2.00 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
James A Bridenstine First Vice President
0.10 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
Janet Evanega Rieckhoff Second Vice President
0.50 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
George E Freese Treasurer
8.00 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
Todd Zeiger Secretary
0.50 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
Robert J Deputy Director
0.25 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
Gregory A Kil Director
0.10 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
Ann Knoll Director
0.10 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
Michael J Church Director
0.25 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
Jackson W Beck Director
0.25 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
Colter Cody Combs Director
0.10 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
Thomas Myers Director
0.25 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
William Burton Director
0.25 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
Constance Fulmer Director
0.25 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
Daniel Tychonievich Director
0.25 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
Andrew H Beardsley Director
0.10 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
Rebecca Deptula Director
0.10 		0 0 0
302 E Beardsley Ave
Elkhart,IN46514
William Firstenberger Executive Director
40.00 		87,252 2,600 15,000
302 E Beardsley Ave
Elkhart,IN46514
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 Ruthmere Museum and Havilah Beardsley House 1,057,352
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
8,260,109
b
Average of monthly cash balances.......................
1b
366,993
c
Fair market value of all other assets (see instructions)................
1c
2,848,196
d
Total (add lines 1a, b, and c).........................
1d
11,475,298
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
11,475,298
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
172,129
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
11,303,169
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
565,158
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
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
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
 
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
1,057,352
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,057,352
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
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$  
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
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 .......... 		 
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
2006-11-29
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
268,069 281,389 173,064 365,371 1,087,893
b 85% (0.85) of line 2a ......... 227,859 239,181 147,104 310,565 924,709
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		1,057,352 798,160 866,965 896,027 3,618,504
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		5,989 6,136 11,892 4,285 28,302
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		1,051,363 792,024 855,073 891,742 3,590,202
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		376,772 333,281 299,401 296,912 1,306,366
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) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
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

First Presbyterian Church

200 E Beardsley Ave
Elkhart,IN46514 		None PC Exempt Purpose of Organization 4,000

WNIT Public Television

300 W Jefferson Blvd
South Bend,IN46601 		None Public Television Exempt Purpose of Organization 750

Community Foundation of Elkhart County

240 E Jackson Blvd 104
Elkhart,IN46516 		None Community Foundation Exempt Purpose of Organization 560

Elkhart Festivals Inc

PO Box 2415
Elkhart,IN465150428 		None PC Exempt Purpose of Organization 150
Total .................................right arrow 3a 5,460
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
aPhotography/Video Fees         650
bWeddings         1,257
cGift Shop         2,456
dRuthmere Museum Tours         18,743
eFundraising         174
fPrograms/Concerts         16,117
gFees and contracts from government agencies          
2 Membership dues and assessments ....         8,055
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 272,002  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     14 1,175  
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 4,786  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 608,745  
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) .. 0 886,708 47,452
13Total. Add line 12, columns (b), (d), and (e)..................
13
934,160
(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.)
13 Preservation of the Ruthmere Museum, Havilah Beardsley House and their collections for display and associated programming.
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

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

32-0037914
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


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

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
The Ruthmere Foundation
  		Employer identification number
32-0037914
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Community Foundation of Elkhart County
 
PO Box 2932
 
Elkhart, IN46515

$ 139,126


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
Steve and Julie Bachman
24832 Walton Dr S
 
Elkhart, IN46517

$ 5,536


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
Indiana Arts Commission
 
100 N Senate Ave N505
 
Indianapolis, IN46204

$ 19,140


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
Tom Myers
3345 Greenleaf Blvd
 
Elkhart, IN46514

$ 8,200


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
Jack and Karen Cittadine
2303 Greenleaf Blvd
 
Elkhart, IN46514

$ 7,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
Indiana Humanities
 
1500 N Delaware St
 
Indianapolis, IN46202

$ 6,750


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
The Ruthmere Foundation
  		Employer identification number
32-0037914
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
7
Ray and Mary Pat Mathis
51515 Winding Waters Lane
 
Elkhart, IN46514

$ 6,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
Raymond and Teri Stout
8513 Raspberry Lane
 
Charlevoix, MI49720

$ 5,000


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

$  


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

$  


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

$  


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

$  


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

32-0037914
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 6 shares of LAM Research Corporation Common Stock $ 5,536 2024-02-28
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
The Ruthmere Foundation
  		Employer identification number

32-0037914
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
The Ruthmere Foundation
EIN:
32-0037914
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 13,149 6,575 0 6,574

TY 2024 InvestmentsOtherSchedule2
Name:
The Ruthmere Foundation
EIN:
32-0037914
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ACCRUED INTEREST FMV 1,448 1,448
ALPHABET INC FMV 42,971 42,971
AMAZON.COM INC FMV 38,174 38,174
APPLE INC FMV 40,318 40,318
Arista Networks Inc FMV 8,842 8,842
BAIRD CORE PLUS BOND FUND FMV 212,648 212,648
BANK OF AMERICA CORP FMV 9,933 9,933
BERKSHIRE HATHAWAY INC FMV 13,145 13,145
Boeing Co FMV 7,788 7,788
BOSTON SCIENTIFIC CORP FMV 6,967 6,967
BROADCOM INC FMV 20,170 20,170
CFEC ACCOUNT FUND FMV 2,382,359 2,382,359
CHEVRON CORP FMV 5,359 5,359
Chipotle Mexican Grill Inc FMV 6,874 6,874
Coca-Cola Co FMV 7,783 7,783
CONOCOPHILLIPS FMV 8,330 8,330
Crowdstrike Holdings Inc FMV 11,633 11,633
CSX Corp FMV 3,905 3,905
DFA Large Cap International Portfolio FMV 662,216 662,216
EATON CORP PLC FMV 8,297 8,297
Eli Lilly & Co FMV 14,668 14,668
Exxon Mobil Corp FMV 8,068 8,068
Federated Hermes Gov Tax Mg As FMV 367,681 367,681
Goldman Sachs Financial Square Treasury FMV 18,793 18,793
JPMORGAN CHASE & CO FMV 11,746 11,746
KKR & Co Inc FMV 8,135 8,135
Linde PLC FMV 4,605 4,605
Lowe's Cos Inc FMV 5,183 5,183
MASTERCARD INC FMV 10,531 10,531
Merck & Co Inc FMV 7,163 7,163
META PLATFORMS INC FMV 31,032 31,032
MICROSOFT CORP FMV 54,795 54,795
Netflix Inc FMV 4,457 4,457
Nvidia Corp FMV 42,033 42,033
ORACLE CORP FMV 7,665 7,665
PALO ALTO NETWORKS INC FMV 7,278 7,278
Procter & Gamble Co FMV 8,718 8,718
Salesforce Inc FMV 9,027 9,027
ServiceNow Inc FMV 8,481 8,481
Sherwin-Williams Co FMV 5,099 5,099
TESLA INC FMV 10,904 10,904
THERMO FISHER SCIENTIFIC INC FMV 8,844 8,844
TIAA CASH DEPOSIT ACCOUNT FMV 42,464 42,464
TJK Cos Inc FMV 7,611 7,611
Uber Technologies Inc FMV 7,540 7,540
United States Treasury Note 2.500% 02/28/26 FMV 490,175 490,175
United States Treasury Note 2.750% 02/28/25 FMV 488,765 488,765
United States Treasury Note 4.000% 01/15/27 FMV 497,500 497,500
UnitedHealth Group Inc FMV 16,693 16,693
VANGUARD INTERMEDIATE-TERM BOND INDEX FUND FMV 216,001 216,001
Vanguard Small-Cap Growth Index Fund FMV 81,028 81,028
Vanguard Small-Cap Value Index Fund FMV 83,565 83,565
VISA INC FMV 12,010 12,010
WALMART INC FMV 10,390 10,390
Welltower Inc FMV 6,554 6,554
Zoetis Inc FMV 5,703 5,703
Vanguard Growth ETF FMV 831,962 831,962
Vanguard Real Estate ETF FMV 70,106 70,106
Vanguard Value ETF FMV 686,004 686,004
DFA Emerging Markets Value Portfolio FMV 378,843 378,843
IShares MSCI EAFE Small-Cap ETF FMV 72,293 72,293
iShares J.P. Morgan USD Emerging Markets Bond ETF FMV 4,007 4,007
PGIM High Yield Fund FMV 38,757 38,757
SPDR Portfolio TIPS ETF FMV 62,743 62,743
Accenture PLC FMV 7,739 7,739
American Express Co FMV 7,420 7,420
American Tower Corp FMV 5,319 5,319
ASML Holding NV FMV 8,317 8,317
Blackstone Inc FMV 6,724 6,724
Cencora Inc FMV 7,190 7,190
Cisco Systems Inc FMV 7,222 7,222
Cloudflare Inc FMV 5,922 5,922
Colgate-Palmolive Co FMV 7,182 7,182
Danaher Corp FMV 8,034 8,034
Duke Energy Corp FMV 5,279 5,279
GE Aerospace Com FMV 5,671 5,671
Goldman Sachs Group Inc FMV 8,017 8,017
Johnson & Johnson FMV 9,545 9,545
Marriott International Inc FMV 5,858 5,858
MercadoLibre Inc FMV 6,802 6,802
Motorola Solutions Inc. FMV 7,396 7,396
Parker Hannifin Corp FMV 6,360 6,360
Paypal Holdings Inc FMV 4,865 4,865
Realty Income Corp FMV 5,501 5,501
The Southern Co FMV 6,174 6,174
Teck Resources Ltd FMV 3,040 3,040
Toll Brothers Inc FMV 3,779 3,779
United Rentals Inc FMV 4,227 4,227
Vertiv Holdings Co FMV 3,522 3,522
Wells Fargo & Co FMV 7,516 7,516
Monday.com Ltd FMV 6,357 6,357
Spotify Technology SA FMV 4,026 4,026

TY 2024 LegalFeesSchedule
Name:
The Ruthmere Foundation
EIN:
32-0037914
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 5,461 2,731 0 2,730


TY 2024 OtherAssetsSchedule
Name:
The Ruthmere Foundation
EIN:
32-0037914
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Elkhart Co Community Foundation 2,432,533 2,880,836 2,880,836


TY 2024 OtherDecreasesSchedule
Name:
The Ruthmere Foundation
EIN:
32-0037914
Description Amount
Change in CRUT Value 1,452
other adjustments on investments 38,572


TY 2024 OtherExpensesSchedule
Name:
The Ruthmere Foundation
EIN:
32-0037914
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Workers Compensations 2,537 0 0 2,537
Bank Fees 1,634 0 0 1,634
Dishonesty and Employee Prac Liability 2,696 0 0 2,696
Museum Restoration 73 0 0 73
Miscellaneous 19,877 0 0 19,877
Dues and Subscriptions 8,374 0 0 8,374
Public Relations 529 0 0 529
Advertising and Promotions 19,478 0 0 19,478
Office Supplies 17,624 0 0 17,624
Insurance 46,418 0 0 46,418
Repairs & Maintenance 36,884 0 0 36,884
Program Expenses 57,346 0 57,346 0
Special Projects 367,576 0 0 367,576


TY 2024 OtherIncomeSchedule2
Name:
The Ruthmere Foundation
EIN:
32-0037914
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Miscellaneous Revenue 4,786 0 4,786
Photography/Video Fees 650   650
Weddings 1,257   1,257
Gift Shop 2,456   2,456
Ruthmere Museum Tours 18,743   18,743
Fundraising 174   174
Programs/Concerts 16,117   16,117
Membership Dues and Assessments 8,055   8,055


TY 2024 OtherIncreasesSchedule
Name:
The Ruthmere Foundation
EIN:
32-0037914
Description Amount
Unrealized Gain 390,973
Accrual to Cash Adjustment 3,761


TY 2024 OtherProfessionalFeesSchedule
Name:
The Ruthmere Foundation
EIN:
32-0037914
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Management Fees 36,655 32,843 0 3,812


TY 2024 TaxesSchedule
Name:
The Ruthmere Foundation
EIN:
32-0037914
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Taxes 34,629 0 0 34,629