TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
MARSHALL GATES FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)7327 CANYON CENTRE PKWY 200
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
COTTONWOOD HEIGHTS, UT84121

A Employer identification number

77-0623253

B Telephone number (see instructions)

(801) 273-9960

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$13,926,102J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	9,599		9,599	9,599
4	Dividends and interest from securities...	80,025		80,025	80,025
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		108,233
b	Gross sales price for all assets on line 6a 3,433,233
7	Capital gain net income (from Part IV, line 2)...			108,233
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).......	List of Attached Documents: // Content	62,962	0	62,962
12	Total. Add lines 1 through 11........	260,819		197,857	152,586
13	Compensation of officers, directors, trustees, etc.	102,500		0	51,250	51,250
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	88,559	0	44,279	44,280
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	1,743	0	872	871
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	10,973	0	5,487	5,486
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	84,212	0	84,213
20	Occupancy..............	13,200		0	6,600	6,600
21	Travel, conferences, and meetings.......	344,951		0	0	0
22	Printing and publications..........	1,996		0	0	0
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	573,665	64,229	26,343	483,093
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,221,799		64,229	219,044	591,580
25	Contributions, gifts, grants paid.......	0				0
26	Total expenses and disbursements. Add lines 24 and 25	1,221,799		64,229	219,044	591,580
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-960,980
b	Net investment income (if negative, enter -0-)			133,628
c	Adjusted net income (if negative, enter -0-)...				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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............		2	2
	2	Savings and temporary cash investments.........	339,279	370,593	370,593
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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) 34
		Less: allowance for doubtful accounts 0	65	List of Attached Documents: // Content 34	34
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	166	1,461
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	7,781,423	List of Attached Documents: // Content 6,574,400	8,331,772
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis 2,100,000
		Less: accumulated depreciation (attach schedule)	2,100,000	2,100,000	2,100,000
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 1,597,243
		Less: accumulated depreciation (attach schedule) 573,542	736,589	List of Attached Documents: // Content 1,023,701	3,123,701
	15	Other assets (describe )	List of Attached Documents: // Content 71,393	List of Attached Documents: // Content 0	List of Attached Documents: // Content 0
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	11,028,915	10,070,191	13,926,102
	17	Accounts payable and accrued expenses..........	6,040	8,296
	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 )
	23	Total liabilities (add lines 17 through 22).........	6,040	8,296
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	11,022,875	10,061,895
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		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).....	11,022,875	10,061,895
	30	Total liabilities and net assets/fund balances (see instructions).	11,028,915	10,070,191

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

11,022,875

Enter amount from Part I, line 27a .....................

-960,980

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

10,061,895

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

10,061,895

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	UNITED STATES TREASURY NOTES		2023-10-02	2024-04-30
b	UNITED STATES TREASURY NOTES	P	2022-09-22	2024-09-16
c	AMERICAN BALANCED FUND F2	P	2023-01-01	2024-09-05
d	CAPITAL GAINS DIVIDENDS	P
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	125,000	125,000	0
b	2,150,000	2,150,000	0
c	1,050,000	1,050,000	0
d	108,233		108,233
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			0
b			0
c			0
d			108,233
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	108,233
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	1,857
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	1,857
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	1,857
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	3,669
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	3,669
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,812
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax1,812	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Yes

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

ROBERT M TAYLOR Telephone no. right arrow

(801) 493-2752

Located at right arrow

7327 CANYON CENTRE PKWY 200COTTONWOOD HEIGHTSUT ZIP+4 right arrow

84121

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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-)
KEVIN P GATES	TRUSTEE 5.00	0
5497 WALKER ESTATES CIR SALT LAKE CITY,UT84117	TRUSTEE 5.00	0
CHAD SHEPHERD	TRUSTEE 5.00	102,500
3155 S HIDDEN VALLEY DR 166 ST GEORGE,UT84790	TRUSTEE 5.00	102,500
ROBERT M TAYLOR	TRUSTEE 5.00	0
7327 CANYON CENTRE PKWY 200 COTTONWOOD HEIGHTS,UT84121	TRUSTEE 5.00	0

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...................				0

Form 990-PF (2024)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	THE MARSHALL GATES FOUNDATION IS ORGANIZED FOR THE PURPOSE OF PROMOTING THE TEACHING AND TRAINING OF YOUNG AMATEUR ATHLETES. THE FOUNDATION PROVIDES (A) A PLACE AT WHICH THE TRAINING CAN BE PROVIDED AND (B) QUALIFIED COACHES AND TEACHERS. THROUGH THE TEACHING AND TRAINING AT THE BASEBALL COMPLEX (OWNED AND MAINTAINED BY THE FOUNDATION), THE FOUNDATION HELPS THE YOUNG ATHLETES DEVELOP TEAM DISCIPLINE, INDIVIDUAL CHARACTER AND LEADERSHIP QUALITIES, TOGETHER WITH SUPERIOR ATHLETIC SKILLS AND SELF-CONFIDENCE, ALL OF WHICH ARE DESIRABLE, IF NOT NEEDED, FOR HIGHER LEVELS OF NATIONAL AND INTERNATIONAL AMATEUR COMPETITION.	591,580
2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2024)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

8,247,910

Average of monthly cash balances.......................

336,505

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

8,584,415

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

8,584,415

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

128,766

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

8,455,649

Minimum investment return. Enter 5% (0.05) of line 5................

422,782

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.)

Minimum investment return from Part IX, line 6..................

Tax on investment income for 2024 from Part V, line 5 .......

Income tax for 2024. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

591,580

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

591,580

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: $
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)

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 4942(j)(3) or4942(j)(5)

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	(e) Total
	0	0	0	0	0
b 85% (0.85) of line 2a .........	0	0	0	0	0
c Qualifying distributions from Part XI, line 4 for each year listed .....	591,580	887,381	620,197	455,527	2,554,685
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........	0	0	0	0	0
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	591,580	887,381	620,197	455,527	2,554,685
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 ..	281,855	280,123	302,700	253,658	1,118,336
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).)

KEVIN P GATES

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.

KEVIN P GATES

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a				0

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	9,599
4 Dividends and interest from securities ....			14	80,025
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	108,233
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aTICKET SALES					62,962
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		197,857	62,962

13Total. Add line 12, columns (b), (d), and (e)..................

260,819

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
11	SALES OF TICKETS TO BASEBALL GAMES.

Form 990-PF (2024)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

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

TY 2024 DepreciationSchedule

Name:

MARSHALL GATES FOUNDATION

EIN:

77-0623253

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Adjusted Net Income
BALL FIELD EQUIPMENT	2004-08-15	38,124	38,124	200DB	5.000000000000	0	0
BALL FIELD EQUIPMENT-C&H	2005-01-01	46,593	46,593	200DB	7.000000000000	0	0
COVERED TRAINING FACILITY	2005-01-01	63,000	30,621	SL	39.000000000000	1,615	1,615
MASONRY BLOCK	2005-01-01	16,828	16,828	200DB	7.000000000000	0	0
SKYLIGHTS	2005-01-01	3,768	3,768	200DB	7.000000000000	0	0
STORAGE SHED	2005-01-01	8,482	8,482	200DB	7.000000000000	0	0
STORAGE UNDER BLEACHERS	2005-01-01	6,000	6,000	200DB	7.000000000000	0	0
UP-SIZE FLAG POLE	2005-01-01	6,000	6,000	200DB	7.000000000000	0	0
BRICK VENEER - SNACK BAR	2005-01-01	4,707	4,707	200DB	7.000000000000	0	0
BRICK PAVERS TO CONCOURSE	2005-01-01	8,875	8,875	200DB	7.000000000000	0	0
T&G WALL OF FAME, BENCHES	2005-01-01	12,000	12,000	200DB	7.000000000000	0	0
ROLL UP DOORS	2005-01-01	20,000	20,000	200DB	7.000000000000	0	0
DUG-OUT FENCE	2005-01-01	8,000	8,000	150DB	15.000000000000	0	0
SIGNAGE AND SCOREBOARD	2005-01-01	5,500	5,500	200DB	7.000000000000	0	0
ROLLER	2010-08-25	4,000	4,000	200DB	7.000000000000	0	0
RIGID 3300 PSI GAS PRESSU	2011-05-31	800	800	200DB	5.000000000000	0	0
IPAD 4G	2012-10-31	876	876	200DB	5.000000000000	0	0
LEATHER CHAIR WITH METAL	2009-06-30	455	455	200DB	7.000000000000	0	0
LEATHER CHAIR WITH METAL	2009-06-30	455	455	200DB	7.000000000000	0	0
67" SETTEE	2009-06-30	5,524	5,524	200DB	7.000000000000	0	0
L-SCREEN 7X7-96# NET W/ G	2013-03-31	1,909	1,909	200DB	5.000000000000	0	0
MACBOOK PRO 13.3 MD101LL/	2013-07-31	1,570	1,570	200DB	5.000000000000	0	0
15X25 US POLY FLAG	2013-07-31	721	711	200DB	5.000000000000	0	0
IPAD AIR S	2015-07-31	753	739	200DB	5.000000000000	0	0
ABI FORCE INFIELD GROOMER	2017-03-31	9,082	8,676	200DB	7.000000000000	405	406
GRASSWORK - BASEBALL FIELD	2020-12-31	100,800	30,996	150DB	15.000000000000	6,981	6,981
GRASSWORK - WARNING TRACK & BULLPEN	2020-12-31	68,112	20,946	150DB	15.000000000000	4,717	4,717
REMODEL WORK/HVAC	2020-04-30	21,689	6,668	150DB	15.000000000000	1,502	1,502
REMODEL WORK/ENGINEERING/DESIGN	2020-04-30	147,722	45,425	150DB	15.000000000000	10,230	10,230
REMODEL WORK/DOORS	2020-04-30	15,581	4,791	150DB	15.000000000000	1,080	1,080
REMODEL WORK/PLUMBING	2020-04-30	30,355	9,334	150DB	15.000000000000	2,103	2,103
REMODEL WORK/CONCRETE	2020-04-30	31,303	9,625	150DB	15.000000000000	2,169	2,169
REMODEL WORK/ELECTRICAL	2020-04-30	216,646	66,618	150DB	15.000000000000	15,004	15,004
REMODEL WORK/CONCESSIONS MASONRY	2020-04-30	91,310	28,078	150DB	15.000000000000	6,324	6,324
REMODEL WORK/WINDOWS	2020-04-30	11,807	3,631	150DB	15.000000000000	817	817
REMODEL WORK/FLOORING	2020-04-30	6,035	1,856	150DB	15.000000000000	418	418
REMODEL WORK/FIRE ALARM	2020-04-30	6,247	1,920	150DB	15.000000000000	432	432
REMODEL WORK/CONCESSION DOORS & SHU	2020-04-30	4,685	1,441	150DB	15.000000000000	325	325
REMODEL WORK/CONCESSIONS	2020-04-30	6,095	1,877	150DB	15.000000000000	422	422
PRESS BOX AT FIELD	2021-09-30	3,825	881	150DB	15.000000000000	295	295
FENCING	2021-09-30	2,744	633	150DB	15.000000000000	210	210
STORAGE GARAGE	2021-09-30	98,633	5,796	SL	39.000000000000	2,529	2,529
COUNTERTOP/TABLE TOP PROJECT	2021-09-30	8,530	1,966	150DB	15.000000000000	657	657
LIGHT RECONFIGURATION	2022-08-31	3,330	483	150DB	15.000000000000	285	285
HITTING CAGE TURF	2022-03-31	6,037	876	150DB	15.000000000000	516	516
HITTING MIRRORS	2022-03-31	2,700	392	150DB	15.000000000000	231	231
LED LIGHT AND INSTALLATION	2022-01-31	3,631	527	150DB	15.000000000000	310	310
PRESS BOX WALLS/PATITIONS	2022-12-31	1,732	252	150DB	15.000000000000	148	148
DATA LINES	2023-08-31	4,080	204	150DB	15.000000000000	388	388
HIGH TECH DATA CAMERAS	2023-08-31	20,000	960	150DB	15.000000000000	1,900	1,900
ASTRO TURF	2023-08-31	11,100	555	150DB	15.000000000000	1,055	1,055
ASTRO TURF	2023-08-31	27,168	1,358	150DB	15.000000000000	2,581	2,581
LAND- 205 KEOAWA ST	2023-12-28	2,100,000		L		0	0
ARTWORK	2024-11-30	5,438		150DB	15.000000000000	272	272
AUDIO SYSTEM	2024-11-30	10,356		150DB	15.000000000000	518	518
DRYWALL	2024-11-30	3,720		150DB	15.000000000000	186	186
ELECTRICAL WORK	2024-11-30	15,520		150DB	15.000000000000	776	776
HITTRAX SIMILATOR-TRANING FACILITY	2024-11-30	15,028		150DB	15.000000000000	751	751
FLOORING	2024-11-30	25,800		150DB	15.000000000000	1,290	1,290
GLASSWORK	2024-11-30	14,206		150DB	15.000000000000	710	710
LIGHTING INSTALL/FIXTURES	2024-11-30	18,059		150DB	15.000000000000	903	903
PAINT	2024-11-30	26,929		150DB	15.000000000000	1,346	1,346
STEEL CLOTHING RACK	2024-11-30	8,567		150DB	15.000000000000	428	428
REMODEL LABOR/PARTS	2024-11-30	46,658		150DB	15.000000000000	2,332	2,332
SIGNAGE AND SCOREBOARD	2024-11-30	22,750		150DB	15.000000000000	1,138	1,138
BAT WALL	2024-11-30	17,772		150DB	15.000000000000	889	889
MALTA LEATHER SOFA 100"	2024-11-30	4,143		150DB	15.000000000000	207	207
SOUND PROOFING	2024-11-30	8,113		150DB	15.000000000000	405	405
CONFERENCE TABLE PARTS/LABOR	2024-11-30	6,116		150DB	15.000000000000	306	306
TV	2024-11-30	10,430		150DB	15.000000000000	521	521
WALL COVERING	2024-11-30	36,780		150DB	15.000000000000	1,839	1,839
BLUE VINYL WALL PANELS	2024-11-30	8,906		150DB	15.000000000000	445	445
WHITE BOARD AND INSTALL	2024-11-30	7,764		150DB	15.000000000000	388	388
WINDOW COVERING	2024-11-30	2,287		150DB	15.000000000000	114	114
BLINDS	2024-11-30	7,800		150DB	15.000000000000	390	390
CABINET	2024-11-30	9,408		150DB	15.000000000000	470	470
CAMERAS	2024-11-30	2,700		150DB	15.000000000000	135	135
FRAMING/CABINETS/CARPENTRY/SUPPLIES	2024-11-30	14,039		150DB	15.000000000000	702	702
ENGLES LEATHER CHAIR 35"	2024-11-30	9,472		150DB	15.000000000000	474	474
COUNTERTOPS	2024-11-30	8,826		150DB	15.000000000000	441	441
DOORS/PARTS/FRAMES/SYSTEM	2024-11-30	3,738		150DB	15.000000000000	187	187

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

MARSHALL GATES FOUNDATION

EIN:

77-0623253

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CORPORATE STOCK OVERRIDE	6,574,400	8,331,772

- TIN:

TY 2024 LandEtcSchedule2

Name:

MARSHALL GATES FOUNDATION

EIN:

77-0623253

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
BALL FIELD EQUIPMENT	38,124	38,124	0
BALL FIELD EQUIPMENT-C&H	46,593	46,593	0
COVERED TRAINING FACILITY	63,000	32,236	30,764
MASONRY BLOCK	16,828	16,828	0
SKYLIGHTS	3,768	3,768	0
STORAGE SHED	8,482	8,482	0
STORAGE UNDER BLEACHERS	6,000	6,000	0
UP-SIZE FLAG POLE	6,000	6,000	0
BRICK VENEER - SNACK BAR	4,707	4,707	0
BRICK PAVERS TO CONCOURSE	8,875	8,875	0
T&G WALL OF FAME, BENCHES	12,000	12,000	0
ROLL UP DOORS	20,000	20,000	0
DUG-OUT FENCE	8,000	8,000	0
SIGNAGE AND SCOREBOARD	5,500	5,500	0
ROLLER	4,000	4,000	0
RIGID 3300 PSI GAS PRESSU	800	800	0
IPAD 4G	876	876	0
LEATHER CHAIR WITH METAL	455	455	0
LEATHER CHAIR WITH METAL	455	455	0
67" SETTEE	5,524	5,524	0
L-SCREEN 7X7-96# NET W/ G	1,909	1,909	0
MACBOOK PRO 13.3 MD101LL/	1,570	1,570	0
15X25 US POLY FLAG	721	711	10
IPAD AIR S	753	739	14
ABI FORCE INFIELD GROOMER	9,082	9,081	1
GRASSWORK - BASEBALL FIELD	100,800	37,977	62,823
GRASSWORK - WARNING TRACK & BULLPEN	68,112	25,663	42,449
REMODEL WORK/HVAC	21,689	8,170	13,519
REMODEL WORK/ENGINEERING/DESIGN	147,722	55,655	92,067
REMODEL WORK/DOORS	15,581	5,871	9,710
REMODEL WORK/PLUMBING	30,355	11,437	18,918
REMODEL WORK/CONCRETE	31,303	11,794	19,509
REMODEL WORK/ELECTRICAL	216,646	81,622	135,024
REMODEL WORK/CONCESSIONS MASONRY	91,310	34,402	56,908
REMODEL WORK/WINDOWS	11,807	4,448	7,359
REMODEL WORK/FLOORING	6,035	2,274	3,761
REMODEL WORK/FIRE ALARM	6,247	2,352	3,895
REMODEL WORK/CONCESSION DOORS & SHU	4,685	1,766	2,919
REMODEL WORK/CONCESSIONS	6,095	2,299	3,796
PRESS BOX AT FIELD	3,825	1,176	2,649
FENCING	2,744	843	1,901
STORAGE GARAGE	98,633	8,325	90,308
COUNTERTOP/TABLE TOP PROJECT	8,530	2,623	5,907
LIGHT RECONFIGURATION	3,330	768	2,562
HITTING CAGE TURF	6,037	1,392	4,645
HITTING MIRRORS	2,700	623	2,077
LED LIGHT AND INSTALLATION	3,631	837	2,794
PRESS BOX WALLS/PATITIONS	1,732	400	1,332
DATA LINES	4,080	592	3,488
HIGH TECH DATA CAMERAS	20,000	2,860	17,140
ASTRO TURF	11,100	1,610	9,490
ASTRO TURF	27,168	3,939	23,229
LAND- 205 KEOAWA ST	2,100,000	0	2,100,000
ARTWORK	5,438	272	5,166
AUDIO SYSTEM	10,356	518	9,838
DRYWALL	3,720	186	3,534
ELECTRICAL WORK	15,520	776	14,744
HITTRAX SIMILATOR-TRANING FACILITY	15,028	751	14,277
FLOORING	25,800	1,290	24,510
GLASSWORK	14,206	710	13,496
LIGHTING INSTALL/FIXTURES	18,059	903	17,156
PAINT	26,929	1,346	25,583
STEEL CLOTHING RACK	8,567	428	8,139
REMODEL LABOR/PARTS	46,658	2,332	44,326
SIGNAGE AND SCOREBOARD	22,750	1,138	21,612
BAT WALL	17,772	889	16,883
MALTA LEATHER SOFA 100"	4,143	207	3,936
SOUND PROOFING	8,113	405	7,708
CONFERENCE TABLE PARTS/LABOR	6,116	306	5,810
TV	10,430	521	9,909
WALL COVERING	36,780	1,839	34,941
BLUE VINYL WALL PANELS	8,906	445	8,461
WHITE BOARD AND INSTALL	7,764	388	7,376
WINDOW COVERING	2,287	114	2,173
BLINDS	7,800	390	7,410
CABINET	9,408	470	8,938
CAMERAS	2,700	135	2,565
FRAMING/CABINETS/CARPENTRY/SUPPLIES	14,039	702	13,337
ENGLES LEATHER CHAIR 35"	9,472	474	8,998
COUNTERTOPS	8,826	441	8,385
DOORS/PARTS/FRAMES/SYSTEM	3,738	187	3,551

- TIN:

TY 2024 LegalFeesSchedule

Name:

MARSHALL GATES FOUNDATION

EIN:

77-0623253

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL AND PROFESSIONAL	88,559	0	44,279	44,280

- TIN:

TY 2024 OtherAssetsSchedule

Name:

MARSHALL GATES FOUNDATION

EIN:

77-0623253

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
FIXED ASSET CLEARING	71,393	0	0

- TIN:

TY 2024 OtherExpensesSchedule

Name:

MARSHALL GATES FOUNDATION

EIN:

77-0623253

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BANK FEES	36	0	18	18
BASEBALL EXPENSES	161,557	0	0	161,557
INSURANCE	17,907	0	8,953	8,954
INVESTMENT EXPENSE	64,229	64,229	0	0
MEALS & ENTERTAINMENT	12,638	0	0	12,638
MISCELLANEOUS	24,621	0	12,311	12,310
OUTSIDE SERVICES	33,092	0	0	33,092
REPAIRS & MAINTENANCE	109,891	0	0	109,891
SUPPLIES	139,572	0	0	139,572
TELEPHONE	3,326	0	1,663	1,663
TRAINING	5,000	0	2,500	2,500
DUES & SUBSCRIPTIONS	1,796	0	898	898

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

MARSHALL GATES FOUNDATION

EIN:

77-0623253

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
TICKET SALES	62,962		62,962

- TIN:

TY 2024 OtherNotesLoansRcvblShortSch2

Name:

MARSHALL GATES FOUNDATION

EIN:

77-0623253

Name of 501(c)(3) Organization	Balance Due
IFREEDOM DIRECT	0

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

MARSHALL GATES FOUNDATION

EIN:

77-0623253

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL EXPENSE	1,743	0	872	871

- TIN:

TY 2024 TaxesSchedule

Name:

MARSHALL GATES FOUNDATION

EIN:

77-0623253

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL TAXES	7,128	0	3,564	3,564
PROPERTY TAXES	3,845	0	1,923	1,922