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 LEIGHTON-OARE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)70959 BATCHELOR DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NILES, MI49120
A Employer identification number

35-6034243
B Telephone number (see instructions)

(269) 687-6290
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$27,152,902J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 206,182 206,182  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 202,948
b Gross sales price for all assets on line 6a 2,144,814
7 Capital gain net income (from Part IV, line 2)... 202,948
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
920,632 956,683  
12 Total. Add lines 1 through 11........ 1,329,762 1,365,813  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
9,750 4,875   4,875
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
44,866 22,433   22,433
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
562 562   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
51 26   25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 55,229 27,896   27,333
25 Contributions, gifts, grants paid....... 1,459,825 1,459,825
26 Total expenses and disbursements. Add lines 24 and 25 1,515,054 27,896   1,487,158
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -185,292
b Net investment income (if negative, enter -0-) 1,337,917
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............. 1,506,175 876,130 876,130
2 Savings and temporary cash investments.........      
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) 1,104,211 Click to see attachment
List of Attached Documents:
// Content
1,055,967 		1,032,679
b Investments—corporate stock (attach schedule)....... 1,907,762 Click to see attachment
List of Attached Documents:
// Content
2,059,650 		4,313,176
c Investments—corporate bonds (attach schedule)....... 754,854 Click to see attachment
List of Attached Documents:
// Content
841,816 		826,511
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).......... 15,600,778 Click to see attachment
List of Attached Documents:
// Content
15,854,925 		20,104,406
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,873,780 20,688,488 27,152,902
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...........    
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........ 13,297,780 13,297,780
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 7,576,000 7,390,708
29 Total net assets or fund balances (see instructions)..... 20,873,780 20,688,488
30 Total liabilities and net assets/fund balances (see instructions). 20,873,780 20,688,488
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
20,873,780
2
Enter amount from Part I, line 27a .....................
2
-185,292
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
20,688,488
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
20,688,488
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 CHARLES SCHWAB [5394] - 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 2,144,814   1,941,866 202,948
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       202,948
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 2 202,948
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 18,597
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 18,597
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 18,597
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 0
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 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 1,042
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 19,639
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 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, MI
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 arrowN/A
14
The books are in care ofright arrowROBIN OARE BUTLER CURTIS Telephone no.right arrow (574) 339-7252

Located atright arrow70959 BATCHELOR DRIVENILESMI ZIP+4right arrow49120
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
ERNEST M OARE PRESIDENT
0.00 		0 0 0
7351 LEIGH ROAD
WARRENTON,VA20186
KEVIN J BUTLER TREASURER
0.00 		0 0 0
726 EAST WASHIGTON ST
SOUTH BEND,IN46617
LISA OARE SHANKS NEALE SECRETARY
0.00 		0 0 0
31880 TORTUGA SHORE LOOP
WESLEY CHAPEL,FL33545
ROBIN OARE BUTLER CURTIS VICE PRESIDENT
0.00 		0 0 0
70959 BATCHELOR DRIVE
NILES,MI49120
MOREY OARE DIRECTOR
0.00 		0 0 0
168 PINNACLE COURT
WARRENTON,VA20186
JAMES R BUTLER DIRECTOR
0.00 		0 0 0
1333 OAK STREET UNIT A1
NILES,MI49120
ROBERT L OARE III DIRECTOR
0.00 		0 0 0
13621 NW 112TH AVE
ALACHUA,FL32615
BRUCE J BONDURANT DIRECTOR
0.00 		0 0 0
209 E POKAGON
SOUTH BEND,IN46671
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
5,795,368
b
Average of monthly cash balances.......................
1b
1,191,153
c
Fair market value of all other assets (see instructions)................
1c
19,395,709
d
Total (add lines 1a, b, and c).........................
1d
26,382,230
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
26,382,230
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
395,733
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
25,986,497
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,299,325
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
1,299,325
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
18,597
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
18,597
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,280,728
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,280,728
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
1,280,728
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
1,487,158
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
1,487,158
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 1,280,728
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 95,867
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,487,158
a Applied to 2023, but not more than line 2a 95,867
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..... 1,280,728
e Remaining amount distributed out of corpus 110,563
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 110,563
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		110,563
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.... 110,563
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:
ROBIN O BUTLER CURTIS
70959 BATCHELOR DRIVE
NILES,MI49120
(574) 339-7252
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS SHOULD BE WRITTEN AND INCLUDE INFORMATION WHICH SUPPORTS THAT THE REQUESTING ORGANIZATION IS OF AN EDUCATIONAL, SCIENTIFIC, LITERARY, RELIGIOUS OR CHARITABLE NATURE.
cAny submission deadlines:
THE APPLICATION SHOULD BE FILED SO AS TO ALLOW REASONABLE TIME TO ACT ON APPLICATION.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
APPLICATIONS WILL BE CONSIDERED FOR ORGANIZATIONS OPERATED EXCLUSIVELY FOR ONE OR MORE OF THE FOLLOWING PURPOSES: EDUCATIONAL; SCIENTIFIC; LITERARY; RELIGIOUS; OR CHARITABLE. AT PRESENT, NO SCHOLARSHIPS OR GRANTS ARE GIVEN TO ANY INDIVIDUAL PERSON(S).
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

ACADEMY AT THE LAKES

2331 COLLIER PKWY
LAND O LAKES,FL34639 		NONE PC GENERAL 26,000

ALCOHOL & ADDICTION RECOVERY CENTER

818 EAST JEFFERSON BLVD
SOUTH BEND,IN46617 		NONE PC GENERAL 1,000

AMERICAN RED CROSS VA

2825 EMERYWOOD PKWY
RICHMOND,VA23294 		NONE PC GENERAL 50,000

BACKPACKS FROM BETH INC

5007 HICKORY HILL DR
LAGRANGE,KY40031 		NONE PC GENERAL 10,000

BLOWING ROCK CHARITY HORSE SHOW FDN

P O BOX 650
BLOWING ROCK,NC28605 		NONE PC GENERAL 7,100

BOULDER CREST FOUNDATION

PO BOX 117
BLUEMONT,VA20135 		NONE PC GENERAL 10,000

BREAST CANCER RESEARCH FOUNDATION

28 WEST 44TH ST
NEW YORK,NY32281 		NONE PC GENERAL 5,000

BRIAN PARKER MEMORIAL FOUNDATION

433 SOUTH ST JOSEPH STREET
NILES,MI49120 		NONE PC GENERAL 1,000

CAMP EBERHART ALUMNI ASSCOCIATION INC

316 EDDY STREET
SOUTH BEND,IN46617 		NONE PC GENERAL 40,000

CAMP KULAQUA

23400 NW 212TH AVE
HIGH SPRINGS,FL32643 		NONE PC GENERAL 6,000

CAMP ROCK ENON SCOUT RESERVATION

107 YOUTH DEVELOPMENT CENTER
WINCHESTER,VA22602 		NONE PC GENERAL 3,000

CHILD ADVOCACY CENTER

PO BOX 13454
GAINESVILLE,FL32604 		NONE PC GENERAL 10,000

CONVERSE COLLEGE

580 EAST MAIN STREET
SPARTANBURG,SC29302 		NONE PC CAPITAL PROJECT/PELL DORM 500

CULTIVATE FOOD RESCUE

1403 PRAIRIE AVE
SOUTH BEND,IN46613 		NONE PC GENERAL 10,000

DANNY & RON'S RESCUE

PO BOX 604
CAMDEN,SC29021 		NONE PC GENERAL 1,000

DEERFIELD ACADEMY

ALBANY ROAD
DEERFIELD,MA01342 		NONE PC GENERAL 1,000

DUKE CHILDREN'S

PO BOX 33189
RALIEGH,NC27636 		NONE PC GENERAL 1,000

EDUCATIONAL FOUNDATION INC (UNC)

PO BOX 309
CHAPEL HILL,NC27514 		NONE PC GENERAL 20,000

EQUESTRIAN AID FOUNDATION

11924 W FOREST HILL BLVD 10A-377
WELLINGTON,FL33414 		NONE PC GENERAL 1,000

FAUQUIER FREE CLINIC

35 ROCK POINTE LN
WARRENTON,VA20186 		NONE PC GENERAL 1,000

FERNWOOD BOTANICAL GARDEN

13988 RANGE LINE RD
NILES,MI49120 		NONE PC GENERAL 10,000

GREEN RIVER FOUNDATION

4066 PEA RISDGE ROAD
MILL SPRING,NC28756 		NONE PC HURRICANE HELENE RELIEF 5,000

HIGHLAND SCHOOL

597 BROADWAY AVENUE
WARRENTON,VA20186 		NONE PC GENERAL 5,000

HOSPICE FOUNDATION

501 COMFORT PLACE
MISHAWAKA,IN46545 		NONE PC ANNUAL FUND 10,000

J RED PEACH FOUNDATION

1999 MORRIS DRIVE
NILES,MI49120 		NONE PC GENERAL 10,000

JOHNS HOPKINS UNIVERSITY & MEDICINE

PO BOX 17073
BALTIMORE,MD21297 		NONE PC GENERAL 1,000

LOUIS D BRANDEIS CENTER INC

1717 PENNSYLVANIA AVE STE 1025
WASHINGTON,DC20006 		NONE PC GENERAL 1,000

MAYO FOUNDATION

4500 SAN PABLO ROAD
JACKSONVILLE,FL32224 		NONE PC GENERAL 55,000

MICHIANA ECHO SOCCER CLUB

210 S MICHIGAN STREET
SOUTH BEND,IN46601 		NONE PC GENERAL 2,000

MICHIGAN GATEWAY COMMUNITY FOUNDATION

111 DAYS AVENUE
BUCHANAN,MI49107 		NONE PC NILES FUND 10,000

MILL CREEK FARM RETRMNT HOME FOR HORSES

20307 CO RD 235A
ALACHUA,FL32615 		NONE PC GENERAL 6,000

NATIONAL HORSE SHOW ASSOCIATION

PO BOX 386
GREENVALE,NY11548 		NONE PC GENERAL 8,500

NATIONAL SPORTING LIBRARY & MUSEUM

PO BOX 1335
MIDDLEBURG,VA20118 		NONE PC GENERAL 2,500

NATIONAL STEEPLECHASE MUSEUM

420 FAIR HILL DR
ELKTON,MD21921 		NONE PC GENERAL 1,000

NILES FESTIVALS MUSIC & MORE

1734 REGENT ST
NILES,MI49120 		NONE PC GENERAL 10,000

NILES MAIN STREET INITIATIVE

210 MAIN STREET
NILES,MI49120 		NONE PC GENERAL 10,000

NORTON HEALTHCARE

234 E GRAY STREET SUITE 450
LOUISVILLE,KY40202 		NONE PC GENERAL 10,000

PATH FOUNDATION

321 WALKER DR SUITE 301
WARRENTON,VA20186 		NONE PC GENERAL 1,000

PENNSYLVANIA NATIONAL HORSE SHOW

PO BOX 6815
HARRISBURG,PA17112 		NONE PC GENERAL 1,500

PEOPLE'S MUSIC SCHOOL

931 W EASTWOOD AVE
CHICAGO,IL60640 		NONE PC GENERAL 10,000

RESIDENTIAL OPPORTUNITIES INC

1100 S ROSE STREET
KALAMAZOO,MI49001 		NONE PC TRANSITION HOME 20,000

RONALD MCDONALD HOUSE CHARITIES MICHIANA

610 N MICHIGAN ST STE 310
SOUTH BEND,IN46601 		NONE PC KILTZ FOR KIDS FUNDRAISER 5,000

SANTA FE COLLEGE TEACHING ZOO

3000 NW 83RD STREET
GAINESVILLE,FL32606 		NONE PC GENERAL 6,000

SANTA FE HIGH SCHOOL BASEBALL CLUB

16213 NW US HIGHWAY 441
ALACHUA,FL32615 		NONE PC GENERAL 33,500

SOPHIE'S OASIS INC

1154 SW 202ND ST
NEWBERRY,FL32669 		NONE PC GENERAL 2,000

SOUTH BEND SYMPHONY

127 NORTH MICHIGAN STREET
SOUTH BEND,IN46601 		NONE PC MEMORY ERNESTINE RACLIN/GENERAL 50,000

SPECTRUM HEALTH LAKELAND FOUNDATION

4025 HEALTH PARK LANE
SAINT JOSEPH,MI49085 		NONE PC GENERAL 5,000

TEMPLE GWATHMEY STEEPLECHASE FOUNDATION

400 FAIR HILL DRIVE
ELKTON,MD21921 		NONE PC GENERAL 500

THE HEALING PLACE

1020 WEST MARKET STREET
LOUISVILLE,KY40202 		NONE PC GENERAL 10,000

THE HISTORY MUSEUM

800 W WASHINGTON BLVD
SOUTH BEND,IN46601 		NONE PC GENERAL 10,000

THE SALVATION ARMY-NILES

424 N 15TH ST
NILES,MI49120 		NONE PC NEW BUILDING 80,000

TUNNEL TO TOWERS

2361 HYLAN BOULEVARD
STATEN ISLAND,NY10306 		NONE PC GENERAL 9,000

UNITED STATES HUNTER JUMPER ASSOCIATION

3870 CIGAR LANE
LEXINGTON,KY40511 		NONE PC CAPITAL CAMPAIGN 11,725

UNIVERSITY OF MARY WASHINGTON

1301 COLLEGE AVE
FREDERICKSBURG,VA22401 		NONE PC GENERAL 1,000

UNIVERSITY OF NORTH CAROLINA

PO BOX 309
CHAPEL HILL,NC27514 		NONE PC ARTS & SCIENCES FUND 5,000

UNIVERSITY OF NOTRE DAME

405 MAIN BUILDING
NOTRE DAME,IN46556 		NONE PC FIGHTING IRISH INITIATIVE/VETERANS PROGRAM 100,000

UPPERVILLE COLT & HORSE SHOW INC

PO BOX 239
UPPERVILLE,VA20185 		NONE PC GENERAL 10,000

VENUES PARKS & ARTS FOUNDATION

301 ST LOUIS BLVD
SOUTH BEND,IN46617 		NONE PC THE MORRIS 100 CAMPAIGN 600,000

VIRGINIA HORSE CENTER FOUNDATION

487 MAURY RIVER ROAD
LEXINGTON,VA24450 		NONE PC GENERAL 25,000

WARRENTON HORSE SHOW FOUNDATION

PO BOX 535
WARRENTON,VA20188 		NONE PC GENERAL 5,000

WARRENTON MEETING PLACE

PO BOX 3101
WARRENTON,VA20188 		NONE PC GENERAL 1,000

WARRENTON UNITED METHODIST CHURCH

BUILDING FUND 341 CHURCH STREET
WARRENTON,VA20186 		NONE PC GENERAL 2,500

WARRENTON VOLUNTEER FIRE DEPT COMPANY

167 WEST SHIRLEY AVE WARRENTON
WARRENTON,VA20186 		NONE PC GENERAL 5,000

WASHINGTON INTERNATIONAL HORSE SHOW

3299 K STREET NW SUITE 600
WASHINGTON,DC20007 		NONE PC GENERAL 6,000

WOMEN'S CARE CENTER

360 NORTH NOTRE DAME AVE
SOUTH BEND,IN46617 		NONE PC GENERAL 75,000

YMCA OF LOUISVILLE

11000 BROWNSBORO ROAD
PROSPECT,KY40059 		NONE PC GENERAL 7,500
Total .................................right arrow 3a 1,459,825
bApproved for future payment

CAMP EBERHART ALUMNI ASSCOCIATION INC
316 EDDY STREET
SOUTH BEND,IN46617 		NONE PC GENERAL 40,000

VENUES PARKS & ARTS FOUNDATION
1151 S MICHIGAN AVE
SOUTH BEND,IN46601 		NONE PC THE MORRIS 600,000

BOULDER CREST FOUNDATION
33735 SNICKERVILLE TURNPIKE
BLUEMONT,VA20135 		NONE PC GENERAL 10,000
Total ................................. right arrow 3b 650,000
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 206,182  
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 .....     01 150  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 202,948  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT HEDGE EQUITY 		    14 165,641  
bINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2014     14 108,758  
cINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2015 531390 -702 14 6,247  
dINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2016 531390 -22,291 14 -4  
eINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2017     14 174,156  
fINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2019 531390 -7,439 14 17,570  
gINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT ABSOLUTE STRAT.     14 115,758  
hINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT CREDIT OPP SER 531390 366 14 19,589  
iINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT FIXED INCOME STR     14 23,506  
jINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT GLOBAL EQUITY     14 290,016  
kINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2018     14 25,125  
lINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2020     14 9,302  
mINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2021     14 0  
nINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2022 531390 -5,985 14 869  
12 Subtotal. Add columns (b), (d), and (e) .. -36,051 1,365,813 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,329,762
(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 InvestmentsCorpBondsSchedule
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE INC. 29,827 30,262
ALPHABET INC 29,401 29,120
AMERICAN HONDA 29,814 30,360
AMGEN INC 30,422 30,679
BP CAPITAL MARK 30,004 30,156
CATERPILLAR FINL 30,001 30,790
CHUBB INA HOLDING INC 30,054 29,635
COMCAST CORP 30,255 28,945
CUMMINS INC. 29,900 30,625
DUKE ENERGY PROGRESS LCC 30,526 28,759
EXXON MOBIL CORP 30,039 29,258
GENERAL DYNAMICS CORP 34,251 33,296
HONEYWELL INTERN 30,237 30,534
JPMORGAN CHASE 29,591 30,521
MERCK & CO., INC 29,974 29,470
PAYPAL HOLDINGS INC 30,822 29,225
PEPSICO INC 34,777 34,728
PFIZER INC 30,095 29,347
PRAXAIR INC 29,945 24,909
PROLOGIS LP 29,990 28,564
STRYKER CORP 35,154 34,878
T-MOBILE USA 28,449 28,492
THE KRAFT HEINZ 19,506 19,391
THE TJX COMPANI 29,449 28,850
THE WALT DISNEY COMPANY 29,913 28,361
US TREASURY BOND 24,381 23,122
UNION PACIFIC CORP 30,022 28,803
UNITEDHEALTH GROUP INC 35,017 35,431

TY 2024 InvestmentsCorpStockSchedule
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Name of Stock End of Year Book Value End of Year Fair Market Value
ADOBE INC 31,674 42,245
ALPHABET INC CL A 2,142 11,358
ALPHABET INC CL C 59,323 99,981
AMAZON.COM INC COM 30,247 142,604
AMERIPRISE FINL INC COM 20,743 87,851
AMERN TOWER CORP REIT 43,923 55,139
AMGEN INC COM 8,448 26,064
APPLE INC COM 8,603 250,420
APPLIED MATERIALS 38,411 59,360
BOOKING HOLDINGS INC 32,795 99,368
BROADCOM LTD 10,100 120,557
CHEVRON CORP NEW COM 45,332 78,214
CHUBB LTD 17,214 41,582
CISCO SYS INC 17,859 69,856
CVS HEALTH CORPORATION COM 41,955 29,627
DUKE ENERGY CORP 63,292 73,802
EATON CORP COM 10,641 68,033
ELEVANCE HEALTH INC 30,562 40,579
EXXON MOBIL CORP COM 39,543 48,944
GOLDMAN SACHS GROUP INC COM 19,272 57,262
HOME DEPOT INC COM 11,295 38,899
INVESCO KBW BANK ETF 39,343 63,390
ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF 82,892 72,114
ISHARES SHORT DURATION BOND 80,240 80,800
ISHARES CORE US AGGREGATE BOND ETF 75,192 73,644
ISHARES EXPANDED TECH-SW SECTOR ETF 20,512 55,066
ISHARES PHLX SEMICONDUCTOR ETF IV 16,281 58,182
JOHNSON & JOHNSON 50,913 43,386
JPMORGAN CHASE 4,019 119,855
LOCKHEED MARTIN CORP COM 39,323 51,024
LOWES COS INC COM 11,295 37,020
MERCK & CO INC NEW COM 16,865 32,093
META PLATFORMS INC 59,947 179,752
MICROSOFT CORP COM 13,671 177,030
MORGAN STANLEY 14,626 56,574
NORFOLK SOUTHERN CORP COM 11,595 51,634
NVIDIA CORP 47,038 163,162
ORACLE CORP COM 15,540 124,980
PEPSICO INC COM 20,233 29,916
PFIZER INC COM 64,537 51,601
PNC FINL SVCS GROUP INC COM 16,826 55,927
PROCTER & GAMBLE 67,133 77,957
RTX CORP 53,925 82,161
SCHLUMBERGER LTD F 37,681 29,347
SELECT SECTOR HEALTH CARE 121,004 118,585
SPDR FUND CONSUMER STAPLES ETF IV 29,360 42,056
TARGET CORP COM 32,089 37,850
THERMO FISHER SCIENTIFIC INC COM 5,703 57,268
TJX COS INC NEW COM 14,808 84,567
TOTALENERGIES SE 32,813 37,336
TRANE TECHNOLOGIES PLC 6,076 33,611
UNILEVER PLC F 68,744 75,978
UNITED PARCEL SERVICE INC CL B 20,596 25,220
UNITEDHEALTH GROUP INC COM 8,746 33,387
VANGUARD INFORMATION TECHNOLOGY ETF 32,202 167,886
VANGUARD INTERMEDIATE TERM CO ETF IV 201,217 168,567
VISA INC COM CL A 29,517 69,529
WALMART INC COM 13,774 52,976

TY 2024 InvestmentsGovtObligationsSch
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
US Government Securities - End of Year Book Value:

1,055,967
US Government Securities - End of Year Fair Market Value:

1,032,679
State & Local Government Securities - End of Year Book Value:


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


0


TY 2024 InvestmentsOtherSchedule2
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
INVESTMENT IN BESPOKE CAPITAL STRATEGIES T/E ABSOLUTE STRATEGIES AT COST 2,357,475 2,486,324
INVESTMENT IN BESPOKE CAPITAL STRATEGIES T/E FIXED INCOME STRATEGIES AT COST 1,341,481 1,259,319
INVESTMENT IN BESPOKE CAPITAL STRATEGIES T/E GLOBAL EQUITY AT COST 4,917,260 6,034,050
INVESTMENT IN BESPOKE CAPITAL STRATEGIES T/E HEDGED EQUITY AT COST 1,924,887 2,791,436
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2014 AT COST 122,192 207,551
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2015 AT COST 174,876 315,534
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2016 AT COST 304,068 682,948
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2017 AT COST 443,728 931,436
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2018 AT COST 524,730 836,194
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2019 AT COST 635,974 1,023,594
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2020 AT COST 636,440 856,975
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2021 AT COST 754,044 907,626
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2022 AT COST 427,823 493,443
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2023 AT COST 187,848 177,348
INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2024 AT COST 134,778 133,066
INVESTMENT IN TAX EXEMPT CREDIT OPPORTUNITIES SERIES AT COST 118,049 142,990
SCHWAB TREASURY OBLIGATION MONEY FUND AT COST 469,260 469,260
STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND AT COST 150,020 131,866
VANGUARD SHORT-TERM INVE STMENT-GRADE ADM AT COST 229,992 223,446

TY 2024 LegalFeesSchedule
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL FEES 9,750 4,875   4,875


TY 2024 OtherExpensesSchedule
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSES 51 26   25


TY 2024 OtherIncomeSchedule2
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
WELLS FARGO FAIR FUND DISTRIBUTION 150 150 150
INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT HEDGE EQUITY 165,641 165,641 165,641
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2014 108,758 108,758 108,758
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2015 5,545 6,247 5,545
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2016 -22,295 -4 -22,295
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2017 174,156 174,156 174,156
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2019 10,131 17,570 10,131
INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT ABSOLUTE STRAT. 115,758 115,758 115,758
INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT CREDIT OPP SER 19,955 19,589 19,955
INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT FIXED INCOME STR 23,506 23,506 23,506
INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT GLOBAL EQUITY 290,016 290,016 290,016
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2018 25,125 25,125 25,125
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2020 9,302 9,302 9,302
INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2022 -5,116 869 -5,116


TY 2024 OtherProfessionalFeesSchedule
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADMINISTRATIVE FEES 19,500 9,750   9,750
ASSET MANAGEMENT FEES 25,366 12,683   12,683


TY 2024 TaxesSchedule
Name:
THE LEIGHTON-OARE FOUNDATION INC
EIN:
35-6034243
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 562 562   0