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
LYNCH FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 4268
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
STAR CITY, WV26504

A Employer identification number

55-0737351

B Telephone number (see instructions)

(304) 599-2244

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

$2,355,005J 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	(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	5,027		5,027
4	Dividends and interest from securities...	62,729		62,729
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-943
b	Gross sales price for all assets on line 6a 1,262,654
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	66,813		67,756
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).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	17,990	1,495	0
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	967	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	23,044	22,169	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	42,001		23,664	0
25	Contributions, gifts, grants paid.......	105,800			105,800
26	Total expenses and disbursements. Add lines 24 and 25	147,801		23,664	105,800
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-80,988
b	Net investment income (if negative, enter -0-)			44,092
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	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	Savings and temporary cash investments.........	101,736	119,659	119,659
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,617,557	List of Attached Documents: // Content 1,519,716	2,233,843
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 2,573	List of Attached Documents: // Content 1,503	List of Attached Documents: // Content 1,503
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,721,866	1,640,878	2,355,005
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	1,721,866	1,640,878
	29	Total net assets or fund balances (see instructions).....	1,721,866	1,640,878
	30	Total liabilities and net assets/fund balances (see instructions).	1,721,866	1,640,878

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

1,721,866

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

-80,988

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

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

1,640,878

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 .

1,640,878

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	(d) Date sold (mo., day, yr.)
1 a	32 SHARES ABT ABBOTT LABORATORIES	P	2024-05-22
b	34 SHARES ACN ACCENTURE PLC	P	2024-08-09
c	21 SHARES ADP AUTOMATIC DATA PROCESSING INC COM	P	2024-09-25
d	30 SHARES ADSK AUTODESK INC	P	2024-02-20
e	15 SHARES ADSK AUTODESK INC	P	2024-02-20
	81 SHARES AFL AFLAC INC COM USD0.10	P	2024-11-19
	70 SHARES AFL AFLAC INC COM USD0.10	P	2024-02-20
	32 SHARES APD AIR PRODUCTS AND CHEMICALS INC	P	2024-05-02
	40 SHARES BA BOEING CO	P	2024-05-22
	40 SHARES BA BOEING CO	P	2024-05-22
	30 SHARES BAH BOOZ ALLEN HAMILTON HLDG CORP CL A	P	2024-02-20
	180 SHARES BCE BCE INC COM NEW ISIN #CA05534B7604	P	2024-02-20
	11 SHARES BLK BLACKROCK INC COM USD0.01	P	2024-05-02
	29 SHARES CB CHUBB LIMITED COM NPV	P	2024-05-22
	30 SHARES CRM SALESFORCE INC COM	P	2024-02-20
	15 SHARES CRM SALESFORCE INC COM	P	2024-02-20
	50 SHARES CSCO CISCO SYSTEMS INC	P	2024-08-09
	35 SHARES CSCO CISCO SYSTEMS INC	P	2024-08-09
	5 SHARES CSCO CISCO SYSTEMS INC	P	2024-08-09
	77 SHARES CVS CVS HEALTH CORPORATION COM	P	2024-05-02
	66 SHARES CVS CVS HEALTH CORPORATION COM	P	2024-02-20
	90 SHARES D DOMINION ENERGY INC COM	P	2024-02-20
	22 SHARES DFS DISCOVER FINANCIAL SERVICES	P	2024-05-02
	56 SHARES DFS DISCOVER FINANCIAL SERVICES	P	2024-05-02
	159 SHARES EBAY EBAY INC COM	P	2024-02-20
	11 SHARES ELV ELEVANCE HEALTH INC COM	P	2024-09-25
	225 SHARES ENB ENBRIDGE INC COM ISIN #CA29250N1050	P	2024-02-20
	20 SHARES ENB ENBRIDGE INC COM ISIN #CA29250N1050	P	2024-02-20
	4 SHARES GS GOLDMAN SACHS GROUP INC COM USD0.01	P	2024-09-25
	13 SHARES GS GOLDMAN SACHS GROUP INC COM USD0.01	P	2024-08-29
	13 SHARES HD HOME DEPOT INC	P	2024-02-20
	15 SHARES HSY HERSHEY COMPANY COM USD1.00	P	2024-09-25
	2 SHARES IAI ISHARES US BROKER-DEALERS &	P	2024-11-19
	455 SHARES IEI ISHARES TR 3 7 YR TREAS BD	P	2024-09-25
	30 SHARES IWD ISHARES RUSSELL 1000 VALUE ETF	P	2024-05-22
	145 SHARES IWD ISHARES RUSSELL 1000 VALUE ETF	P	2024-05-22
	40 SHARES IWD ISHARES RUSSELL 1000 VALUE ETF	P	2024-05-22
	15 SHARES IWD ISHARES RUSSELL 1000 VALUE ETF	P	2024-05-22
	25 SHARES IWF ISHARES TR RUS 1000 VALUE ETF	P	2024-11-22
	50 SHARES IWF ISHARES TR RUS 1000 VALUE ETF	P	2024-05-22
	12 SHARES IWF ISHARES TR RUS 1000 VALUE ETF	P	2024-05-22
	38 SHARES IWF ISHARES TR RUS 1000 VALUE ETF	P	2024-02-20
	35 SHARES IWF ISHARES TR RUS 1000 VALUE ETF	P	2024-02-20
	14 SHARES IWR ISHARES TR RUS MID CAP ETF	P	2024-05-22
	18 SHARES JNJ JOHNSON &JOHNSON COM USD1.00	P	2024-11-19
	27 SHARES JNJ JOHNSON &JOHNSON COM USD1.00	P	2024-11-19
	38 SHARES JNJ JOHNSON &JOHNSON COM USD1.00	P	2024-02-20
	23 SHARES MET METLIFE INC COM USD0.01	P	2024-02-20
	53 SHARES MMC MARSH &MCLENNAN COMPANIES INC COM	P	2024-02-20
	42 SHARES MRK MERCK &CO. INC COM	P	2024-09-25
	16 SHARES MSI MOTOROLA SOLUTIONS INC	P	2024-02-20
	41 SHARES NDAQ NASDAQ INC COM STK	P	2024-11-19
	60 SHARES NDAQ NASDAQ INC COM STK	P	2024-11-19
	1538 SHARES NEAR ISHARES U S ETF TR BLACKROCK SH DUR	P	2024-09-25
	1402 SHARES NEAR ISHARES U S ETF TR BLACKROCK SH DUR	P	2024-09-25
	45 SHARES NKE NIKE INC CLASS B COM NPV	P	2024-09-10
	45 SHARES NKE NIKE INC CLASS B COM NPV	P	2024-09-10
	27 SHARES PEP PEPSICO INC	P	2024-09-25
	30 SHARES QCOM QUALCOMM INC	P	2024-02-20
	15 SHARES QCOM QUALCOMM INC	P	2024-02-20
	85 SHARES SHOP SHOPIFY INC COM NPV CL A	P	2024-05-22
	146 SHARES SHY ISHARES TRUST 1-3 YEAR TREASURY BOND	P	2024-09-25
	34 SHARES SWKS SKYWORKS SOLUTIONS INC TBLL INVESCO EXCH TRADED FD TR II SHOR	P	2024-02-20
	855 SHARES TBLL INVESCO EXCH TRADED FD TR II SHORT TERM	P	2024-02-20
	15 SHARES TSLA TESLA INC COM	P	2024-05-22
	196 SHARES TTE TOTAL ENERGIES SE	P	2024-05-22
	13 SHARES UPS UNITED PARCEL SERVICE INC CL B	P	2024-08-09
	10 SHARES UPS UNITED PARCEL SERVICE INC CL B	P	2024-02-20
	18 SHARES UPS UNITED PARCEL SERVICE INC CL B	P	2024-02-20
	90 SHARES USB US BANCORP	P	2024-02-20
	142 SHARES USHY ISHARES TR BROAD USD HIGH	P	2024-09-25
	70 SHARES WBA WALGREENS BOOTS ALLIANCE INC	P	2024-02-20
	55 SHARES WBA WALGREENS BOOTS ALLIANCE INC	P	2024-02-20
	93 SHARES XLC SELECT SECTOR SPDR TR COMMUNICATION	P	2024-08-09
	12 SHARES XLK SELECT SECTOR SPDR TRUST TECHNOLOGY	P	2024-08-09
	83 SHARES XLRE SELECT SECTOR SPDR TR RL EST SEL SEC	P	2024-11-19
	100 SHARES XLU UTILITIES SELECT SECTOR SPDR FUND	P	2024-11-19
	1 SHARES XLU UTILITIES SELECT SECTOR SPDR FUND	P	2024-11-19
	3 SHARES XLU UTILITIES SELECT SECTOR SPDR FUND	P	2024-11-19
	36 SHARES XLV HEALTH CARE SELECT SECTOR SPDR FUND	P	2024-08-09
	2146.26 SHARES DODIX DODGE & COX INCOME CL I	P	2024-11-19
	6952.33 SHARES NSTLX NUEBERGER BERMAN STRATEGIC INC INSTL	P	2024-11-19
	3049.67 SHARES NSTLX NUEBERGER BERMAN STRATEGIC INC INSTL	P	2024-11-19
	2689.03 SHARES NSTLX NUEBERGER BERMAN STRATEGIC INC INSTL	P	2024-11-19
	1494.25 SHARES NSTLX NUEBERGER BERMAN STRATEGIC INC INSTL	P	2024-11-19
	429.24 SHARES NSTLX NUEBERGER BERMAN STRATEGIC INC INSTL	P	2024-11-19
	314.24 SHARES NSTLX NUEBERGER BERMAN STRATEGIC INC INSTL	P	2024-11-19
	212.94 SHARES NSTLX NUEBERGER BERMAN STRATEGIC INC INSTL	P	2024-11-19
	158.03 SHARES NSTLX NUEBERGER BERMAN STRATEGIC INC INSTL	P	2024-11-19
	10594.18 SHARES STRDX STERLING CAPITAL TOTAL RETURN BD R6	P	2024-05-22
	10510.72 SHARES STRDX STERLING CAPITAL TOTAL RETURN BD R6	P	2024-05-22
	10379.39 SHARES STRDX STERLING CAPITAL TOTAL RETURN BD R6	P	2024-05-22
	5528.8 SHARES STRDX STERLING CAPITAL TOTAL RETURN BD R6	P	2024-05-22
	1766.58 SHARES STRDX STERLING CAPITAL TOTAL RETURN BD R6	P	2024-05-22
	1208.24 SHARES STRDX STERLING CAPITAL TOTAL RETURN BD R6	P	2024-05-22
	846.57 SHARES STRDX STERLING CAPITAL TOTAL RETURN BD R6	P	2024-05-22
	21.71 SHARES STRDX STERLING CAPITAL TOTAL RETURN BD R6	P	2024-05-22
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,342	3,230	112
b	10,782	10,940	-158
c	5,800	5,804	-4
d	7,640	9,865	-2,225
e	3,820	2,566	1,254
	8,996	8,924	72
	5,519	5,436	83
	7,772	9,603	-1,831
	7,436	8,905	-1,469
	7,436	5,770	1,666
	4,377	3,351	1,026
	6,822	9,131	-2,309
	8,338	7,614	724
	7,784	6,233	1,551
	8,579	9,284	-705
	4,290	2,453	1,837
	2,290	1,684	606
	1,603	1,094	509
	229	215	14
	4,220	5,543	-1,323
	5,036	4,751	285
	4,081	6,680	-2,599
	2,745	1,976	769
	6,987	6,975	12
	6,910	7,002	-92
	5,761	5,948	-187
	7,734	9,572	-1,838
	687	837	-150
	1,971	1,365	606
	6,558	4,435	2,123
	4,707	4,098	609
	2,888	3,044	-156
	299	240	59
	54,503	52,536	1,967
	5,359	3,288	2,071
	25,904	18,898	7,006
	7,146	6,641	505
	2,680	1,748	932
	9,841	1,512	8,329
	17,264	3,023	14,241
	4,143	1,255	2,888
	12,220	3,974	8,246
	11,256	10,545	711
	1,165	555	610
	2,746	2,931	-185
	4,119	4,351	-232
	6,011	6,188	-177
	1,581	1,537	44
	10,643	10,532	111
	4,839	3,454	1,385
	5,178	4,586	592
	3,280	2,094	1,186
	4,800	4,388	412
	78,867	77,546	1,321
	71,893	70,394	1,499
	3,519	4,153	-634
	3,519	4,167	-648
	4,586	4,819	-233
	4,550	5,001	-451
	2,275	2,042	233
	5,028	2,744	2,284
	12,154	11,931	223
	3,531	3,311	220
	90,065	90,057	8
	2,714	3,599	-885
	13,854	10,465	3,389
	1,632	2,063	-431
	1,484	1,787	-303
	2,671	2,856	-185
	3,707	5,436	-1,729
	5,335	5,150	185
	1,559	2,626	-1,067
	1,225	2,763	-1,538
	7,899	7,708	191
	2,479	2,590	-111
	3,616	3,479	137
	8,024	7,257	767
	80	73	7
	241	221	20
	5,409	5,281	128
	27,000	27,000	0
	68,967	65,966	3,001
	30,253	34,355	-4,102
	26,675	29,299	-2,624
	14,823	15,360	-537
	4,258	4,532	-274
	3,117	3,361	-244
	2,112	2,318	-206
	1,568	1,657	-89
	96,937	101,704	-4,767
	96,173	112,155	-15,982
	94,971	115,211	-20,240
	50,589	52,247	-1,658
	16,164	18,497	-2,333
	11,055	12,651	-1,596
	7,746	8,932	-1,186
	199	229	-30
	14		14

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			112
b			-158
c			-4
d			-2,225
e			1,254
			72
			83
			-1,831
			-1,469
			1,666
			1,026
			-2,309
			724
			1,551
			-705
			1,837
			606
			509
			14
			-1,323
			285
			-2,599
			769
			12
			-92
			-187
			-1,838
			-150
			606
			2,123
			609
			-156
			59
			1,967
			2,071
			7,006
			505
			932
			8,329
			14,241
			2,888
			8,246
			711
			610
			-185
			-232
			-177
			44
			111
			1,385
			592
			1,186
			412
			1,321
			1,499
			-634
			-648
			-233
			-451
			233
			2,284
			223
			220
			8
			-885
			3,389
			-431
			-303
			-185
			-1,729
			185
			-1,067
			-1,538
			191
			-111
			137
			767
			7
			20
			128
			0
			3,001
			-4,102
			-2,624
			-537
			-274
			-244
			-206
			-89
			-4,767
			-15,982
			-20,240
			-1,658
			-2,333
			-1,596
			-1,186
			-30
			14

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	-943
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	613
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	613
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	613
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	600
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	600
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	21
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax	Refunded	11

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

Yes

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

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

JOHN D LYNCH Telephone no. right arrow

(304) 599-2244

Located at right arrow

PO BOX 4268STAR CITYWV ZIP+4 right arrow

26504

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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
JOHN D LYNCH	PRESIDENT 1.00	0	0	0
378 JACOBS DRIVE MORGANTOWN,WV26505	PRESIDENT 1.00	0	0	0
ROBERT E LYNCH JR	VICE PRESIDENT/TREASURER 1.00	0	0	0
305 ROTARY STREET MORGANTOWN,WV26505	VICE PRESIDENT/TREASURER 1.00	0	0	0
WILLIAM BORCHERT JR	DIRECTOR 1.00	0	0	0
2143 BAYOU LANE SLIDELL,LA70458	DIRECTOR 1.00	0	0	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


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

2,237,822

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

25,137

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

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

2,262,959

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

2,262,959

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

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

33,944

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

2,229,015

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

111,451

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

111,451

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

613

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

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

613

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

110,838

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

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

110,838

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

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

110,838

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 ..........

105,800

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. .......

105,800

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				110,838
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......			101,395
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: $ 105,800
a Applied to 2023, but not more than line 2a			101,395
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.....				4,405
e Remaining amount distributed out of corpus	0
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	0
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 ..........				106,433
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 ......	0
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

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 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
ALZHEIMER'S ASSOCIATION 1299 PINEVIEW DR 3 MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	500
AMERICAN RED CROSS 316 FOREST AVENUE MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	500
AUTISM SOCIETY OF WV PO BOX 751 HUNTINGTON,WV25706	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,000
BARTLETT HOUSE UNIVERSITY AVENUE MORGANTOWN,WV26501	N/R	N/A	CONTRIBUTION FOR CHARITABLE PURPOSES	1,500
BOY SCOUTS OF AMERICA 1821 SPEEDWAY FAIRMONT,WV26554	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,500
CATHOLIC COMMUNITY SERVICES 827 FAIRMONT RD SUITE 203 MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,200
CHEAT LAKE VOLUNTEER FIRE DEPARTMENT PO BOX 18144 MORGANTOWN,WV26507	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,000
CHESTNUT MOUNTAIN RANCH 232 CANYON SCHOOL ROAD MORGANTOWN,WV26508	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	2,500
CHRISTIAN HELP INC 219 WALNUT ST MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,200
COMMUNITY KITCHEN INC PO BOX 922 MORGANTOWN,WV26507	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	2,200
HABITAT FOR HUMANITY 293 WILLEY ST MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,000
MAKE A WISH FOUNDATION 913 CANYON ROAD MORGANTOWN,WV26508	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,000
MEALS ON WHEELS 3375 UNIVERSITY AVE MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	2,200
MILAN PUSKAR HEALTH RIGHT PO BOX 1519 MORGANTOWN,WV26507	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	2,200
MOUNTAIN HEART FOUNDATION PO BOX 4665 STAR CITY,WV26504	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	500
PANTRY PLUS MORE 668 KENWOOD PLACE MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,000
RONALD MCDONALD HOUSE 841 COUNTRY CLUB RD MORGANTOWN,WV26504	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,000
SALVATION ARMY 1264 UNIVERSITY AVENUE MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	2,700
SCOTTS RUN SETTLEMENT HOUSE PO BOX 590 PURSGLOVE,WV26546	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	2,200
ST FRANCIS GRADE SCHOOL 375 BIRCH ST MORGANTOWN,WV26501	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	10,000
ST JUDES CHILDRENS HOSPITAL 501 ST JUDES PLACE MEMPHIS,TN38105	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	2,500
ST MARY'S RC CHURCH 3344 UNIVERSITY AVE MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	12,400
ST URSULAS FOOD PANTRY PO BOX 18 PURSGLOVE,WV26546	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	3,200
STAR CITY POLICE DEPARTMENT 370 BROADWAY AVENUE STAR CITY,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,000
STAR CITY VOLUNTEER FIRE DEPARTMENT 3446 UNIVERSITY AVE STAR CITY,WV26504	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,000
STEPPING STONES MYLAN PARK MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	500
THE FOUNDATION OF MON GENERAL HOSPITAL 1200 JD ANDERSON DRIVE MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	10,000
THE SHACK NEIGHBORHOOD HOUSE PO BOX 600 PURSGLOVE,WV26546	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,600
TRINITY SCHOOL FOUNDATION 30 HARNER RUN ROAD MORGANTOWN,WV26508	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,000
UNITED WAY OF MON AND PRESTON COUNTIES 278C SPRUCE STREET MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	10,000
WESTOVER UNITED METHODIST CHURCH 28 NORTH STREET MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	11,200
WESTOVER VFD 13 COTTAGE STREET WESTOVER,WV26501	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,000
WV CARING PO BOX 760 ARTHURDALE,WV265200760	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	1,000
WV INDEP COLLEGES 900 LEE ST CHARLESTON,WV25301	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	500
WVU CHILDREN'S HOSPITAL ONE WATERFRONT PLACE MORGANTOWN,WV26507	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	2,000
WVU COLLEGE OF B & E ONE WATERFRONT PLACE MORGANTOWN,WV26507	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	3,000
WVU FOUNDATION - AEF ONE WATERFRONT PLACE MORGANTOWN,WV26507	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	2,000
WVU FOUNDATION - FCA ONE WATERFRONT PLACE MORGANTOWN,WV26507	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	500
WVU GOLF TEAM ONE WATERFRONT PLACE MORGANTOWN,WV26507	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	2,000
WVU RIFLE TEAM ENDOWMENT ONE WATERFRONT PLACE MORGANTOWN,WV26507	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	2,000
YOUNG LIFE 247 WILEY ST MORGANTOWN,WV26505	N/R	N/R	CONTRIBUTION FOR CHARITABLE PURPOSES	500
Total ................................. 3a				105,800

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	5,027
4 Dividends and interest from securities ....			14	62,729
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	-943
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		66,813	0

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

66,813

(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.)

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

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	Signature of officer or trustee	Date	Title

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Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

LYNCH FOUNDATION INC

EIN:

55-0737351

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	2,990	1,495		0
BOOKKEEPING	15,000	0		0

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

LYNCH FOUNDATION INC

EIN:

55-0737351

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS	AT COST	1,519,716	2,233,843

- TIN:

TY 2024 OtherAssetsSchedule

Name:

LYNCH FOUNDATION INC

EIN:

55-0737351

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
DIVIDEND RECEIVABLE	2,573	1,503	1,503

- TIN:

TY 2024 OtherExpensesSchedule

Name:

LYNCH FOUNDATION INC

EIN:

55-0737351

Description	Revenue and Expenses per Books	Net Investment Income
AGENCY FEES	22,169	22,169
WV REGISTRATION	0	0
INVESTMENT FEES-ADR SHARES	0	0
OTHER EXPENSES	645	0
OFFICE SUPPLIES	230	0

- TIN:

TY 2024 TaxesSchedule

Name:

LYNCH FOUNDATION INC

EIN:

55-0737351

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX ON INVESTMENTS	297	0		0
FEDERAL INCOME TAX	670	0		0