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
RISEN SON FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)4476 MAIN ST 203
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
AMHERST, NY14226

A Employer identification number

20-4446969

B Telephone number (see instructions)

(716) 839-1292

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

$6,315,430J 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
4	Dividends and interest from securities...	98,269		98,269
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		380,242
b	Gross sales price for all assets on line 6a 2,343,770
7	Capital gain net income (from Part IV, line 2)...			380,242
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........	478,511		478,511
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......	48,190		24,095	24,095
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	483	289	194
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	9,275	5,565	3,710
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	61,016	61,016	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	4,051	2,025	2,026
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	86	0
20	Occupancy..............	32,952		32,952	0
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	16,724	16,724	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	172,777		142,666	30,025
25	Contributions, gifts, grants paid.......	505,450			505,450
26	Total expenses and disbursements. Add lines 24 and 25	678,227		142,666	535,475
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-199,716
b	Net investment income (if negative, enter -0-)			335,845
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.........	118,055	224,125	224,125
	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)	8,763	List of Attached Documents: // Content 31,271	31,509
	b	Investments—corporate stock (attach schedule).......	3,320,175	List of Attached Documents: // Content 3,077,776	4,836,945
	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)..........	1,023,260	List of Attached Documents: // Content 1,067,034	1,209,744
	14	Land, buildings, and equipment: basis 81,322
		Less: accumulated depreciation (attach schedule) 68,215	13,193	List of Attached Documents: // Content 13,107	13,107
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,483,446	4,413,313	6,315,430
	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...........	4,483,446	4,413,313
	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).....	4,483,446	4,413,313
	30	Total liabilities and net assets/fund balances (see instructions).	4,483,446	4,413,313

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

4,483,446

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

-199,716

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

List of Attached Documents:

// Content

129,583

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

4,413,313

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 .

4,413,313

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES	2024-01-01	2024-12-31
b	PUBLICLY TRADED SECURITIES	2024-01-01	2024-12-31
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	602,965	588,820	14,145
b	1,740,805	1,374,708	366,097
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			14,145
b			366,097
c
d
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	380,242
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	4,668
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	4,668
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	4,668
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	4,934
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	2,100
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	7,034
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	2,366
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax2,366	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? ................

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)

DE, MS

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

PAULA LAUGHLIN Telephone no. right arrow

(716) 839-1292

Located at right arrow

4476 MAIN STREET SUITE 203AMHERSTNY ZIP+4 right arrow

14226

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
DAVID A RICH SR	PRESIDENT 2.00	0	0	0
23 W HIGH POINT ROAD STUART,FL34996	PRESIDENT 2.00	0	0	0
GRACE E RICH	VICE-PRESIDENT 2.00	0	0	0
23 W HIGH POINT ROAD STUART,FL34996	VICE-PRESIDENT 2.00	0	0	0
DAVID A RICH JR	TREASURER 1.00	0	0	0
4476 MAIN STREET SUITE 203 AMHERST,NY14226	TREASURER 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...................

6,343,553

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

180,595

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

13,107

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

6,537,255

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

6,537,255

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

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

98,059

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

6,439,196

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

321,960

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

321,960

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

4,668

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

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

4,668

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

317,292

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

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

317,292

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

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

317,292

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 ..........

535,475

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. .......

535,475

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					317,292
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2024:
a From 2019......	169,091
b From 2020......	35,675
c From 2021......
d From 2022......
e From 2023......
f Total of lines 3a through e ........		204,766
4Qualifying distributions for 2024 from Part
XI, line 4: $ 535,475
a Applied to 2023, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2024 distributable amount.....					317,292
e Remaining amount distributed out of corpus		218,183
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		422,949
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...		169,091
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		253,858
10 Analysis of line 9:
a Excess from 2020....	35,675
b Excess from 2021....
c Excess from 2022....
d Excess from 2023....
e Excess from 2024....	218,183

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).)

DAVID A RICH SR

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

PAULA LAUGHLIN
4476 MAIN STREET SUITE 203
AMHERST,NY14226
(716) 839-1292
PLAUGHLIN@CHRISTOURHEALER.COM

bThe form in which applications should be submitted and information and materials they should include:

NO FORMAL APPLICATION PROCESS.

cAny submission deadlines:

NO FORMAL APPLICATION PROCESS.

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

NONE

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
PARK SCHOOL 4625 HARLEM ROAD AMHERST,NY14226	NONE	509(A)(1)	GENERAL FUND	220,000
FOUNDATION OF CATHOLIC HEALTH 144 GENESEE STREET 6TH FLOOR BUFFALO,NY14203	NONE	509(A)(1)	UPGRADE OF INFUSION SUITE	100,000
THE UNIVERSITY OF MS FOUNDATION 406 UNIVERSITY AVENUE OXFORD,MS38655	NONE	509(A)(1)	ENDOWMENT FOR TRANSFORMING LIVES	60,000
JERICHO ROAD COMMUNITY HEALTH CENTER 184 BARTON STREET BUFFALO,NY14213	NONE	509(A)(1)	GENERAL FUND	45,000
SAFESPACE 612 SE DIXIE HIGHWAY STUART,FL34994	NONE	509(A)(1)	GENERAL FUND	25,000
TIMES AND SEASONS FOUNDATION 119 OLD CARRIAGE HOUSE ROAD GRAND ISLAND,NY14072	NONE	509(A)(1)	DAN & GWEN SLADE UKRAINE REFUGEE CRISIS - GENERAL FUND	15,000
ROSWELL PARK ALLIANCE FOUNDATION ELM CARLTON STREETS BUFFALO,NY14263	NONE	509(A)(1)	GENERAL FUND	10,000
BRADLEY UNIVERSITY 1501 W BRADLEY AVENUE PEORIA,IL61625	NONE	509(A)(1)	JOHN HARVEY INTERNATIONAL ENDOWNMENT FUND	10,000
THE FRIENDS OF THE LYRIC INC 59 SW FLAGLER AVENUE STUART,FL34994	NONE	509(A)(1)	DIRECTORS CIRCLE	5,000
NEW COVENANT CHURCH 345 MCCONKEY DRIVE BUFFALO,NY14223	NONE	509(A)(1)	GENERAL FUND	5,000
SHEPHERD OF THE GLADES ELCA LUTHERAN CHURCH 6020 RATTLESNAKE HAMMOCK ROAD NAPLES,FL34113	NONE	509(A)(1)	GENERAL FUND	2,500
GLOBAL OUTREACH PO BOX 1 TUPELO,MS38802	NONE	509(A)(1)	JOSIP & KELLY DEBELJUH MISSION TRIP FUND	1,600
SUSAN G KOMEN FOR THE CURE 5005 LBJ FREEWAY SUITE 250 DALLAS,TX75244	NONE	509(A)(1)	GENERAL FUND	1,500
VISUALLY IMPAIRED ADVANCEMENT 1170 MAIN STREET BUFFALO,NY14209	NONE	509(A)(1)	GENERAL FUND	1,500
HEARTS FOR THE HOMELESS 139 MAIN STREET TONAWANDA,NY14120	NONE	509(A)(1)	GENERAL FUND	1,350
YMCA OF THE TREASURE COAST FLORIDA INC 1700 SE MONTEREY ROAD STUART,FL34996	NONE	509(A)(1)	GENERAL FUND	1,000
SNYDER FIRE COMPANY 4531 MAIN STREET BUFFALO,NY14226	NONE	509(C)(4)	GENERAL FUND	500
BUFFALO DREAM CENTER 286 LAFAYETTE AVENUE BUFFALO,NY14213	NONE	509(A)(1)	GENERAL FUND	500
Total ................................. 3a				505,450

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 ...........
4 Dividends and interest from securities ....			14	98,269
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	380,242
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		478,511	0

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

478,511

(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

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:

TY 2024 AccountingFeesSchedule

Name:

RISEN SON FOUNDATION INC

EIN:

20-4446969

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREP FEES	9,275	5,565		3,710

- TIN:

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

TY 2024 DepreciationSchedule

Name:

RISEN SON FOUNDATION INC

EIN:

20-4446969

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
COMPUTER NETWORK	2010-10-21	2,201	2,201	200DB	5.000000000000	0
COMPUTER NETWORK SETUP	2010-10-21	626	626	200DB	5.000000000000	0
TELEPHONE SYSTEM	2010-10-19	2,859	2,359	200DB	7.000000000000	0
OFFICE EQUIP-SHREDDER & GARBAGE BINS	2010-02-08	1,157	1,157	200DB	7.000000000000	0
MAC COMPUTER	2015-12-10	1,761	880	200DB	5.000000000000	0
SECURITY SYSTEM	2016-12-12	6,050	2,450	200DB	7.000000000000	0
FURNITURE & FIXTURES	2016-11-25	42,084	11,682	200DB	7.000000000000	0
LEASEHOLD IMPROVEMENTS	2017-01-25	2,700	480	SL	39.000000000000	69
FURNITURE & FIXTURES	2017-06-26	3,882	1,941	200DB	7.000000000000	0
FURNITURE & FIXTURES	2017-07-19	3,034	1,517	200DB	7.000000000000	0
LEASEHOLD IMPROVEMENTS	2017-05-25	650	112	SL	39.000000000000	17
VOICEMAIL SERVER	2017-09-08	2,204	1,102	200DB	7.000000000000	0
TELEPHONE SYSTEM - APC REPLACEMENT	2017-10-17	114		200DB	7.000000000000	0
DESK/CABINET	2018-08-10	12,000		200DB	7.000000000000	0

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

RISEN SON FOUNDATION INC

EIN:

20-4446969

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3I GROUP PLC	12,332	14,080
ABB LTD SPON ADR - 473 SH	15,961	33,139
ABBVIE INC - 396 SH	28,310	53,310
ADIDAS AG	21,216	21,919
AIA GROUP LTD ADR - 784 SH	24,628	19,136
AIR LIQUIDE ADR - 631 SH	28,454	31,605
ALPHABET INC CL C - 660 SH	15,755	95,220
AON PLC SHS CL A - 85 SH	16,692	40,226
APPLE, INC. - 342 SH	24,207	50,084
ASICS CORP - 434 SH	3,276	15,102
ASM INTERNATIONAL N V - 46 SH	5,926	9,106
ASML HOLDINGS N V - 19 SH	31,279	29,802
ASSURED GUARANTY LTD - 833 SH	19,202	72,008
ASTRAZENECA PLC	23,195	19,263
BANKINTER S A	12,969	12,262
BERKSHIRE HATHAWAY B - 1,000 SH	192,105	453,280
BERKSHIRE HATHAWAY B - 307 SH	36,152	116,493
BOOKING HOLDINGS - 16 SH	20,552	54,653
BROOKFIELD CORP CLASS A - 2,382 SH	79,230	134,031
BUREAU VERITAS SA F - 377 SH	22,737	22,726
CANADIAN PAC RAILWAY - 1,785 SH	38,372	72,370
CAPGEMINI S E - 391 SH	27,539	22,852
CAPITAL ONE FC - 282 SH	10,819	35,664
CHUBB LTD - 78 SH	12,987	16,302
COMPAGNIE FINANCIERE R F - 1,404 SH	23,371	26,277
COMPASS GROUP PLC - 1,071 SH	18,778	29,761
CONTINENTAL AG HANNOVE SPONSORED ADR - 2449 SH	9,576	8,309
CRH PUBLIC LIMITED CO	7,939	9,530
CRODA INTL PLC	13,579	10,653
CVS HEALTH CORP - 1,064 SH	104,324	67,200
DBS GROUP HOLDINGS LTD SPONSORED ADR - 120 SH	6,978	16,901
DIPLOMA PLC	17,728	21,344
DISCO CORP F - 718 SH	7,959	8,024
DSV A/S	9,278	9,239
EPIROC AKTIEBOI.AG	18,680	17,308
EXPERIAN PLC - 254 SH	21,324	21,920
FANUC LTD JAPAN - 1043 SH	19,527	17,826
FISERV INC - 711 SH	81,728	146,054
FLEXTRONICS INTL LTD ORD - 1,498 SH	5,906	38,390
GILDAN ACTIVEWEAR - 330 SH	18,501	22,913
HALMA PLC - 190 SH	15,152	18,769
HEXAGON AB	6,734	6,484
HOYA CORP - 167 SH	17,840	20,708
ICON PLC - 81 SH	16,754	14,889
IMCD GROUP N V - 147 SH	18,735	18,642
ING GROEP ADR REP 1 OR F - 1356 SH	17,401	21,249
ITT, INC. - 364 SH	14,355	28,576
JAMES HARDIE INDS PLC	15,114	11,923
JPMORGAN CHASE & CO - 244 SH	20,993	47,942
KAO CORP	9,367	9,348
KBC GROUP NV - 473 SH	18,465	21,136
LOCKHEED MARTIN CORP COM - 106 SH	43,427	57,827
LONDON STOCK EXCHANGE - 569 SH	16,097	21,735
MARKEL GROUP INC - 62 SH	54,247	93,216
MASTERCARD INC - 181 SH	34,867	52,657
MCKESSON CORPORATION - 266 SH	31,772	127,660
MICROSOFT CORP - 1,108 SH	86,417	421,500
MICROSOFT CORP - 255 SH	6,537	102,425
MITSUI FUDOSAN CO LTD F	17,135	14,544
MIZUHO FINL GROUP INC	26,918	31,648
MTU AERO ENGINES HOLDI F - 94 SH	18,071	26,343
NIPPON SANSO HLDGS COR	20,715	18,512
NITORI HLDGS CO LTD	20,447	17,109
NOMURA RESEARCH IND F - 691 SH	14,548	15,571
NORDEA BANK	10,527	9,834
NOVARTIS AG SPONSORED ADR - 679 SH	51,833	66,073
NOVO-NORDISK A S	39,576	37,247
ORACLE CORPORATION - 688 SH	26,843	83,320
ORACLE CORPORATION - 896 SH	22,094	73,322
PUMA FE	10,296	9,807
QUANTA SERVICES INC - 317 SH	13,897	94,815
RECRUIIT CO. LTD - 1404 SH	6,318	13,844
RELX PLC ADR - 1,085 SH	26,826	50,552
RENESAS ELECTRS CO - 1855 SH	8,950	8,128
RYANAIR HLDGS PLC ADR - 233 SH	17,373	20,357
SAMPO OYJ ADR - 862 SH	16,047	18,499
SAP SE - 131 SH	11,053	20,189
SHIN ETSU CHEMICAL CO - 926 SH	18,147	15,298
SIEMENS HEALTHINEERS - 509 SH	24,639	25,137
SUNCOR ENERGY INC.- 534 SH	13,798	18,803
SUZUKI MTR CORP UNSPONSORD ADR - 81 SH	14,242	14,590
SYMRISE AG	17,664	15,344
TECHTRONIC INDS LTD	18,853	19,093
THALES SA - 769 SH	17,672	19,485
TOKYO ELECTRON LTD	21,908	17,740
U HAUL HOLDING NON VOTING - 906 SH	53,009	63,089
UNILEVER PLC ADR - 528 SH	43,715	50,293
UNION PACIFIC CORP - 303 SH	63,709	69,096
UNIVERSAL MUSIC GROUP - 1117 SH	16,418	19,038
VAT GROUP	8,336	5,991
VISA INC CLASS A - 303 SH	68,381	90,387
AIR PRODS & CHEMS INC	74,745	86,722
AON PLC	40,018	48,846
CENTENE CORP DEL	81,443	78,209
CME GROUP INC	51,221	59,219
COMCAST CORP NEW	53,367	61,474
COMPASS GROUP PLC ORDF	51,702	65,002
DISNEY WALT CO	29,168	37,859
DONALDSON INC	46,844	42,969
GENTEX CORP	40,309	34,131
HEINEKEN NV	83,218	65,584
OCCIDENTAL PETE CORP	101,853	87,011
SCHLUMBERGER LTD	43,451	38,110
SMITH & NEPHEW GROUP	47,134	45,743

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

RISEN SON FOUNDATION INC

EIN:

20-4446969

US Government Securities - End of Year Book Value:

31,271

US Government Securities - End of Year Fair Market Value:

31,509

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

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

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

RISEN SON FOUNDATION INC

EIN:

20-4446969

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
COMMUNICAT SVS SLCT SEC - 331 SH	AT COST	42,167	57,796
ENERGY SELECT SECTOR SPDR ETF IV - 220 SH	AT COST	10,451	9,680
ISHARES 1-3 YEAR TREASURY BOND ETF - 334 SH	AT COST	30,484	30,579
ISHARES 3-7 YEAR TREASURY BOND ETF - 330 SH	AT COST	27,873	26,577
ISHARES CORE 1-5 YEAR	AT COST	40,177	38,789
ISHARES CORE MSCI EMERGING ETF - 415 SH	AT COST	64,227	67,259
ISHARES CORE MSCI PACIFIC ETF - 651 SH	AT COST	13,676	13,992
ISHARES MSCIJAPAN ETF	AT COST	20,735	19,459
ISHARES RUSSELL MID CAP ETF - 500 SH	AT COST	40,022	44,200
ISHARES TIPS BOND ETF	AT COST	30,558	26,851
ISHARES US TREASURY BOND ETF - 2,683 SH	AT COST	69,418	69,974
ISHR ETF GSCI CMD DYN STR ETF - 924 SH	AT COST	45,134	40,901
SELECT SECTOR HEALTH	AT COST	8,959	8,804
SELECT STR FINANCIAL	AT COST	8,940	11,406
SPDR DOW JONES INDUSTRIAL AVR ETF - 300 SH	AT COST	100,206	127,650
SPDR FUND CONSUMER DISCRE SELECT ETF - 106 SH	AT COST	18,318	23,781
SPDR FUND CONSUMER STAPLES ETF - 308 SH	AT COST	22,546	24,212
SPDR S&P 500 ETF - 145 SH	AT COST	164,908	203,956
TECHNOLOGY SELECT SECTOR - 347 SH	AT COST	52,073	73,244
VANGUARD DIV APPRECIATION FD ETF - 193 SH	AT COST	20,262	37,599
VANGUARD FTSE DEVELOPED MKTS ETF - 1,464 SH	AT COST	58,951	61,312
VANGUARD INTERMEDIATE	AT COST	117,504	119,361
VANGUARD REAL ESTATE	AT COST	20,559	19,063
VANGUARD SMALL CAP ETF - 100 SH	AT COST	22,311	24,028
VANGUARD TOTAL STK MKT - 109 SH	AT COST	16,575	29,271

- TIN:

TY 2024 LandEtcSchedule2

Name:

RISEN SON FOUNDATION INC

EIN:

20-4446969

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
COMPUTER NETWORK	2,201	2,201	0
COMPUTER NETWORK SETUP	626	626	0
TELEPHONE SYSTEM	2,859	2,359	500
OFFICE EQUIP-SHREDDER & GARBAGE BINS	1,157	1,157	0
MAC COMPUTER	1,761	1,761	0
SECURITY SYSTEM	6,050	5,475	575
FURNITURE & FIXTURES	42,084	32,724	9,360
LEASEHOLD IMPROVEMENTS	2,700	549	2,151
FURNITURE & FIXTURES	3,882	3,882	0
FURNITURE & FIXTURES	3,034	3,034	0
LEASEHOLD IMPROVEMENTS	650	129	521
VOICEMAIL SERVER	2,204	2,204	0
TELEPHONE SYSTEM - APC REPLACEMENT	114	114	0
DESK/CABINET	12,000	12,000	0

- TIN:

TY 2024 LegalFeesSchedule

Name:

RISEN SON FOUNDATION INC

EIN:

20-4446969

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	483	289		194

- TIN:

TY 2024 OtherExpensesSchedule

Name:

RISEN SON FOUNDATION INC

EIN:

20-4446969

Description	Revenue and Expenses per Books	Net Investment Income
COMPUTER NETWORK - 4476 MAIN	12,294	12,294
INSURANCE - 4476 MAIN	1,309	1,309
LEASE - COPIER	2,879	2,879
OFFICE SUPPLIES	242	242

- TIN:

TY 2024 OtherIncreasesSchedule

Name:

RISEN SON FOUNDATION INC

EIN:

20-4446969

Description	Amount
CASH FLOW TIMING DIFFERENCES	129,583

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

RISEN SON FOUNDATION INC

EIN:

20-4446969

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES	61,016	61,016		0

- TIN:

TY 2024 TaxesSchedule

Name:

RISEN SON FOUNDATION INC

EIN:

20-4446969

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL TAXES	4,051	2,025		2,026