Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE UNITED COMPANY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1005 GLENWAY AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BRISTOL, VA242013473
A Employer identification number

54-1390453
B Telephone number (see instructions)

(276) 645-1436
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$55,322,271J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 125,841
2 Check right arrow.............
3 Interest on savings and temporary cash investments 128,559 128,559  
4 Dividends and interest from securities... 1,171,131 1,158,013  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,843,604
b Gross sales price for all assets on line 6a 20,189,264
7 Capital gain net income (from Part IV, line 2)... 3,844,762
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........ 5,269,135 5,131,334  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 128,250 0   128,250
14 Other employee salaries and wages...... 163,310 0   163,310
15 Pension plans, employee benefits....... 43,882 0   43,882
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,700 0   4,700
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
213,228 213,228   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
68,528 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
3,417 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,417 0   4,417
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
240,618 0   240,618
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 870,350 213,228   585,177
25 Contributions, gifts, grants paid....... 2,351,196 2,733,348
26 Total expenses and disbursements. Add lines 24 and 25 3,221,546 213,228   3,318,525
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,047,589
b Net investment income (if negative, enter -0-) 4,918,106
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 211,234 38,905 38,905
2 Savings and temporary cash investments......... 3,902,378 2,942,221 2,942,221
3 Accounts receivable right arrow217,712
Less: allowance for doubtful accounts right arrow   210,314 217,712 217,712
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use.............. 17,562 16,585 16,585
9 Prepaid expenses and deferred charges.......... 7,948 7,164 7,164
10a Investments—U.S. and state government obligations (attach schedule) 2,246,924 Click to see attachment
List of Attached Documents:
// Content
3,225,000 		3,225,000
b Investments—corporate stock (attach schedule)....... 17,115,732 Click to see attachment
List of Attached Documents:
// Content
21,964,682 		21,964,682
c Investments—corporate bonds (attach schedule)....... 8,574,801 Click to see attachment
List of Attached Documents:
// Content
9,295,497 		9,295,497
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 17,305,846 Click to see attachment
List of Attached Documents:
// Content
17,608,777 		17,608,777
14 Land, buildings, and equipment: basis right arrow135,444
Less: accumulated depreciation (attach schedule) right arrow129,716 9,145 Click to see attachment
List of Attached Documents:
// Content
5,728 		5,728
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 49,601,884 55,322,271 55,322,271
Liabilities 17 Accounts payable and accrued expenses.......... 77,108 130,241
18 Grants payable................. 585,961 203,810
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 663,069 334,051
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 47,140,487 53,035,522
25 Net assets with donor restrictions............ 1,798,328 1,952,698
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 48,938,815 54,988,220
30 Total liabilities and net assets/fund balances (see instructions). 49,601,884 55,322,271
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
48,938,815
2
Enter amount from Part I, line 27a .....................
2
2,047,589
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,001,816
4
Add lines 1, 2, and 3 ..........................
4
54,988,220
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
54,988,220
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 20,189,264   16,344,502 3,844,762
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,844,762
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,844,762
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 68,362
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 68,362
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 68,362
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 56,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 31,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 87,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 18,638
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow18,638 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowVA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.UNITEDCOFOUNDATION.ORG
14
The books are in care ofright arrowTHE ORGANIZATION Telephone no.right arrow (276) 645-1436

Located atright arrow1005 GLENWAY AVENUEBRISTOLVA ZIP+4right arrow242013473
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JAMES W MCGLOTHLIN CHAIRMAN/DIRECTOR
5.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
ISRAEL O'QUINN PRESIDENT/CEO
10.00 		54,019 2,130 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
FAY H STREET SECRETARY/DIRECTOR
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
BARBARA J BJERKE TREASURER
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
CLAIRE DAVIS EXECUTIVE DIRECTOR
20.00 		75,000 3,000 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
JULIA K SMITH ASSISTANT SECRETARY
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
FRANCES G MCGLOTHLIN DIRECTOR
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
MARTHA MCGLOTHLIN BOWMAN DIRECTOR
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
DAVID A STREET DIRECTOR
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
LAUREN STREET WAGNER DIRECTOR
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
LOIS A CLARKE DIRECTOR
1.00 		0 0 0
1005 GLENWAY AVENUE
BRISTOL,VA242013473
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
TOLLISA PRATER COLLEGE & CAREER COU
40.00 		55,250 2,345 0
1760 EDGEWATER DRIVE
GRUNDY,VA24614
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
UNITED MANAGEMENT COMPANY LLC INVESTMENT MANAGEMENT 127,903
1005 GLENWAY AVENUE
BRISTOL,VA24201
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 LOW-INCOME HOUSEHOLDS IN BRISTOL VA & TN RECEIVE 1 BAG (= 1 MEAL) OF NUTRITIOUS FOOD PER FAMILY MEMBER PER MONTH. MEALS ARE DELIVERED VIA 2 VANS THAT TRAVEL TO THE HOMES OF THE RECIPIENTS. APPROXIMATELY 8,000 MEALS ARE DELIVERED PER MONTH. 141,897
2 A COLLEGE AND CAREER COUNSELOR WORKS AT MOUNTAIN MISSION SCHOOL (GRUNDY, VA) AND ASSISTS STUDENTS WITH COLLEGE AND APPLICATION PROCESSES, FINANCIAL AID, AND MATRICULATION PROCEDURES. THE COUNSELOR ALSO OVERSEES THE SCHOLARSHIP PROGRAM FOR MOUNTAIN MISSION SCHOOL GRADUATES. 137,015
3 THE CAMP FOR KIDS PROGRAM IS TO SEND FOSTER CHILDREN, UNDERPRIVILEGED AND AT-RISK CHILDREN TO A WEEK-LONG CHRISTIAN VALUE SUMMER CAMP. THE CAMP PROVIDES A SAFE HAVEN ENVIRONMENT IN A NURTURING AND LOVING ATMOSPHERE. 69,853
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
50,633,447
b
Average of monthly cash balances.......................
1b
2,773,292
c
Fair market value of all other assets (see instructions)................
1c
209,785
d
Total (add lines 1a, b, and c).........................
1d
53,616,524
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
53,616,524
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
804,248
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
52,812,276
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,640,614
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
2,640,614
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
68,362
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
68,362
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,572,252
4
Recoveries of amounts treated as qualifying distributions................
4
2,578
5
Add lines 3 and 4............................
5
2,574,830
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,574,830
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
3,318,525
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,318,525
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 2,574,830
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...... 525,881
b From 2020...... 159,589
c From 2021...... 169,735
d From 2022...... 396,471
e From 2023...... 671,165
f Total of lines 3a through e ........ 1,922,841
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 3,318,525
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..... 2,574,830
e Remaining amount distributed out of corpus 743,695
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 2,666,536
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) ... 		525,881
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		2,140,655
10 Analysis of line 9:
a Excess from 2020.... 159,589
b Excess from 2021.... 169,735
c Excess from 2022.... 396,471
d Excess from 2023.... 671,165
e Excess from 2024.... 743,695
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
ROSE HURLEY MOUNTAIN MISSION SCHOOL
1760 EDGEWATER DRIVE
GRUNDY,VA24614
(276) 791-1514
bThe form in which applications should be submitted and information and materials they should include:
APPLICANTS MUST HAVE PREVIOUSLY APPLIED TO, AND RECEIVED AN OFFICIAL NOTIFICATION OF ACCEPTANCE FROM, AN ACCREDITED UNIVERSITY OR COLLEGE IN THE UNITED STATES. APPLICATIONS MUST BE SUBMITTED USING THE FOUNDATION'S SCHOLARSHIP APPLICATION FORM. THE FOLLOWING ITEMS MUST BE INCLUDED: OFFICIAL HIGH SCHOOL OR COLLEGE TRANSCRIPT, FINANCIAL AID AWARD LETTER, STUDENT AID REPORT FROM FAFSA, AND OFFICIAL SCHOOL INVOICE AND CLASS SCHEDULE. ALL SCHOLARSHIP REQUESTS FOR THE SPRING SEMESTER MUST ALSO INCLUDE A COPY OF THE STUDENT'S GRADES FROM THE FALL (EITHER AN OFFICIAL GRADE REPORT OR A TRANSCRIPT FROM THE SCHOOL). STUDENTS MUST REAPPLY FOR A SCHOLARSHIP EACH YEAR.
cAny submission deadlines:
DEADLINES FOR APPLICATIONS ARE JULY 1 FOR FALL SEMESTER AND DECEMBER 1 FOR SPRING SEMESTER.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE SCHOLARSHIP PROGRAM SUPPLEMENTS FINANCIAL AID AND OTHER SUPPORT TO HELP COVER THE COST OF COLLEGE TUITION, FEES, ROOM AND BOARD, BOOKS, AND SUPPLIES. STUDENTS MUST BE ENROLLED WITH A MINIMUM OF 12 CREDIT HOURS PER SEMESTER. STUDENTS MAY REQUEST A MAXIMUM OF $15,000 PER YEAR. STUDENTS MUST BE ENROLLED AT MOUNTAIN MISSION SCHOOL, GRUNDY, VA (MMS) FROM GRADES 9 THROUGH 12 TO BE ELIGIBLE FOR SUPPORT. SCHOLARSHIPS ARE GIVEN FOR THE BENEFIT OF INDIVIDUAL STUDENTS WHO HAVE NO RELATIONSHIP TO DISQUALIFIED PERSONS. STUDENTS MUST DEMONSTRATE FINANCIAL NEED BY QUALIFYING FOR A FEDERAL PELL GRANT. STUDENTS MUST ACCEPT ANY FEDERAL DIRECT SUBSIDIZED LOANS OR PERKINS LOANS OFFERED. STUDENTS ARE ELIGIBLE FOR 4 CONSECUTIVE CALENDAR YEARS AFTER GRADUATION FROM MMS. STUDENTS SHOULD HAVE AT LEAST A 3.00 CUMULATIVE GPA FROM MMS (ON A 4.0 SCALE) AND MAINTAIN A 2.75 CUMULATIVE GPA IN COLLEGE (ON A 4.0 SCALE). THE MAX FOR BOOKS AND SUPPLIES PER STUDENT IS $750 FOR THE FIRST SEMESTER AND $500 THEREAFTER.
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ALICE LLOYD COLLEGE

100 PURPOSE ROAD
PIPPA PASSES,KY37620 		N/A PC SCHOLARSHIPS FOR NEEDY STUDENTS 25,000

APPALACHIAN HIGHLANDS COMMUNITY DENTAL CENTER

616 CAMPUS DRIVE
ABINGDON,VA24210 		N/A PC SUPPORT OF CLINIC EXPANSION AND ONGOING OPERATION 100,000

BACKPACK BLESSINGS INC

PO BOX 24
GRUNDY,VA24614 		N/A PC BACKPACK PROGRAM IN BUCHANAN CO. VA 5,000

BALLAD HEALTH FOUNDATION

1019 W OAKLAND AVE SUITE 2
JOHNSON CITY,TN37604 		N/A PC FUND NEW MOBILE COACH AND 3D MAMMOGRAPHY UNIT 350,000

BARTER FOUNDATION INC

160 CUMMINGS STREET
ABINGDON,VA24210 		N/A PC FUND INNOVATIVE, UNDUPLICATED EDUCATION PROGRAMMING 50,000

BIRTHPLACE OF COUNTRY MUSIC ALLIANCE

416 STATE ST SUITE A
BRISTOL,VA24201 		N/A PC SUPPORT FOR CONTINUATION OF MUSEUM'S EXTENSIVE EDUCATIONAL RESOURCE PROJECT 25,000

BLUEFIELD COLLEGE

3000 COLLEGE AVENUE
BLUEFIELD,VA24605 		N/A PC SCHOLARSHIPS FOR OFF-SITE TRAINING IN CHRISTIAN MINISTERIAL LEADERSHIP CLASSES 50,000

BOB JONES UNIVERSITY

1700 WADE HAMPTON BLVD
GREENVILLE,SC29614 		N/A PC EDUCATION - TUITION 13,828

BOB JONES UNIVERSITY

1700 WADE HAMPTON BLVD
GREENVILLE,SC29614 		N/A PC EDUCATION - BOOKS 502

BOY SCOUTS OF AMERICA SEQUOYAH COUNCIL

PO BOX 3010
JOHNSON CITY,TN37602 		N/A PC SEQUOYAH COUNCIL CAPITAL PROGRAM - CAMP DAVY CROCKETT 25,000

BOYS AND GIRLS CLUB OF CENTRAL APPALACHIA

PO BOX 1505
GRUNDY,VA24614 		N/A PC POWER HOUR - STEAM AT 6 LOCATIONS THOUGHOUT BUCHANAN CO VA 100,000

BOYS AND GIRLS CLUB OF THE MOUNTAIN EMPIRE

334 REBECCA STREET
BRISTOL,VA24201 		N/A PC PROVIDE SCHOLARSHIPS TO NEEDY FAMILIES 20,000

BRISTOL EMERGENCY FOOD PANTRY

PO BOX 1471
BRISTOL,VA24203 		N/A PC GENERAL SUPPORT LOCAL FOOD BANK 10,000

BRISTOL FAITH IN ACTION

1534 EUCLID AVENUE
BRISTOL,VA24201 		N/A PC ASSIST HOUSEHOLDS OF DISABLED IN BRISTOL AREA & DIAPER MINISTRY 25,000

BRISTOL HUMANE SOCIETY

16222 LEE HIGHWAY
BRISTOL,VA24202 		N/A PC SUPPLIES FOR ANIMAL SHELTER 10,000

BRISTOL LIFE SAVING CREW

PO BOX 302
BRISTOL,VA24203 		N/A PC GENERAL SUPPORT 10,000

BRISTOL REGIONAL SPEECH & HEARING CENTER

359 COMMONWEALTH AVE
BRISTOL,VA24201 		N/A PC SPEECH THERAPY ASSISTANCE; PEDIATRIC AUDIOLOGY ASSISTANCE 20,000

BRISTOL TENNESSEE POLICE DEPARTMENT

801 ANDERSON STREET
BRISTOL,VA37620 		N/A GOV GENERAL SUPPORT 10,000

BRISTOL VIRGINIA DEPARTMENT OF SOCIAL SERVICES

621 WASHINGTON STREET
BRISTON,VA24201 		N/A GOV ASSIST AT RISK CHILDREN WITH FOOD, CLOTHING, BEDDING AND SHELTER EXPENSES 5,000

BRISTOL VIRGINIA FIRE DEPARTMENT

211 LEE ST
BRISTOL,VA24201 		N/A GOV GENERAL SUPPORT 10,000

BRISTOL VIRGINIA POLICE DEPARTMENT

417 CUMBERLAND STREET
BRISTOL,VA24201 		N/A GOV GENERAL SUPPORT 10,000

BRISTOL VIRGINIA SHERIFF DEPARTMENT

417 CUMBERLAND STREET
BRISTOL,VA24201 		N/A GOV GENERAL SUPPORT 10,000

CENTRAL VIRGINIA COMMUNITY COLLEGE

3506 WARDS RD
LYNCHBURG,VA24502 		N/A GOV EDUCATION - TUITION 7,010

CENTRAL VIRGINIA COMMUNITY COLLEGE

3506 WARDS RD
LYNCHBURG,VA24502 		N/A GOV EDUCATION - BOOKS 439

COMMUNITIES IN SCHOOLS OF APPLACHIAN HIGHLANDS

220 LEE STREET
BRISTOL,VA24201 		N/A PC COATS, SHOES, & BACKPACKS FOR STUDENTS IN NEED; BRISTOL, VA & BUCHANAN COUNTY PUBLIC SCHOOLS 56,000

COMMUNITY SCHOOL OF NAPLES

13275 LIVINGSTON ROAD
NAPLES,FL34109 		N/A PC PROVIDE SUPPORT SERVICES FOR STUDENTS FROM MARGINALIZED COMMUNITIES 25,000

CROSSROADS MEDICAL MISSION

PO BOX 16852
BRISTOL,VA24209 		N/A PC SUPPORT HEALTH CARE SAFETY NET PROJECT AND STAFF DEVELOPMENT 50,000

DARTMOUTH COLLEGE

6016 MCNUTT HALL
HANOVER,NH03755 		N/A PC EDUCATION - ROOM & BOARD 851

DARTMOUTH COLLEGE

6016 MCNUTT HALL
HANOVER,NH03755 		N/A PC EDUCATION - TUITION 85

EAST TENNESSEE STATE UNIVERSITY

807 UNIVERSITY PARKWAY
JOHNSON CITY,TN376141700 		N/A GOV EDUCATION - TUITION 90,256

EAST TENNESSEE STATE UNIVERSITY

807 UNIVERSITY PARKWAY
JOHNSON CITY,TN376141700 		N/A GOV EDUCATION - BOOKS 2,922

EDWARD VIA VA COLLEGE OF OSTEOPATHIC MEDICINE

2265 KRAFT DR SW
BLACKSBURG,VA24060 		N/A PC SCHOLARSHIP FUND FOR MEDICAL STUDENTS AT VCOM WHO COMMIT TO PRACTICE IN SOUTHWEST VA 100,000

EMORY AND HENRY COLLEGE

PO BOX 947
EMORY,VA243270947 		N/A PC EDUCATION - BOOKS 102

EMORY AND HENRY COLLEGE

PO BOX 947
EMORY,VA243270947 		N/A PC EDUCATION - TUITION 33,289

FEEDING AMERICA SOUTHWEST VIRGINIA

1025 ELECTRIC ROAD
SALEM,VA24153 		N/A PC MOBILE FOOD PANTRY ASSISTANCE 200,000

FEEDING MY SHEEP INC

PO BOX 970
VANSANT,VA24656 		N/A PC PROVIDE FOOD ASSISTANCE IN SW VA WHERE POVERTY IS HIGH AND DESTRUCTIVE 30,000

FOOD BANK OF WISE COUNTY INCORPORATED

PO BOX 2977
WISE,VA24293 		N/A PC PROVIDE FOOD ASSISTANCE IN WISE COUNTY 30,000

FOUNDATION FOR EDUCATIONAL AND DEVELOPMENTAL OPPORTUNITIES INC

400 EDGEWOOD LANE
BRISTOL,VA24201 		N/A PC SUPPORT TUITION GRANT FUND 100,000

GEORGETOWN UNIVERSITY

3700 O ST NW
WASHINGTON,DC20057 		N/A PC EDUCATION - TUITION 2,541

GIRL SCOUT COUNCIL OF THE SOUTHERN APPALACHIANS INC

1100 WOODLAND AVENUE
JOHNSON CITY,TN37601 		N/A PC SCHOLARSHIP FOR YOUNG GIRLS TO BECOME A GIRL SCOUT 5,000

GRAND CANYON UNIVERSITY

3300 W CAMELBACK RD
PHOENIX,AZ85017 		N/A PC EDUCATION - TUITION 42,899

GREEN SPRING VOLUNTEER FIRE DEPT

22632 GREEN SPRINGS CHURCH RD
ABINGDON,VA24211 		N/A GOV GENERAL SUPPORT 10,000

HEAL FOUNDATION INC

PO BOX 140
PONTE VEDRA BEACH,FL32004 		N/A PC ASSISTANCE FOR THE HEALING AUTISTIC LIFE PROGRAM 12,500

HEALING HANDS HEALTH CENTER INC

245 MIDWAY MEDICAL PARK
BRISTOL,TN37620 		N/A PC DENTAL PROGRAM FOR WORKING, UNINSURED IN NE TN, SW VA 50,000

JOHN BATTLE HIGH SCHOOL

21264 BATTLE HILL DR
BRISTOL,VA24202 		N/A PF FUNDS FOR BACKPACKS (PARENT,TEACHER,STUDENT ORG) 2,500

JOHNSON UNIVERSITY

7900 JOHNSON DR
KNOXVILLE,TN37998 		N/A PC EDUCATION - TUITION 75,187

JOHNSON UNIVERSITY

7900 JOHNSON DR
KNOXVILLE,TN37998 		N/A PC EDUCATION - BOOKS 1,303

KING UNIVERSITY

1350 KING COLLEGE RD
BRISTOL,TN37620 		N/A PC FUND HIGH-FIDELITY FULL-BODY PATIENT SIMULATORS FOR NURSING PROGRAM 20,000

LEE STREET BAPTIST CHURCHLEE STREET COMMUNITY CENTER

1 WEST MARY STREET
BRISTOL,VA24201 		N/A PC COMMUNITY OUTREACH FOR NEEDY FAMILIES & MOTHERS W/BABIES & SMALL CHILDREN 13,000

MILLIGAN COLLEGE

PO BOX 500
MILLIGAN COLLEGE,TN37682 		N/A PC EDUCATION - BOOKS 2,262

MILLIGAN COLLEGE

PO BOX 500
MILLIGAN COLLEGE,TN37682 		N/A PC EDUCATION - TUITION 115,235

MONTGOMERY COLLEGE

51 MANNAKEE ST
ROCKVILLE,MD20850 		N/A PC EDUCATION-TUITION 670

MOUNTAIN EMPIRE OLDER CITIZENS INC

PO BOX 888 1501 THIRD AVE EAST
BIG STONE GAP,VA24219 		N/A PC SUPPORT TUITION GRANT FUND 10,000

NEW HOPE MISSIONS

PO BOX 2038
GRUNDY,VA24614 		N/A PC EXPANSION OF SOUP MINISTRY PROGRAM 10,000

NEW RIVER COMMUNITY COLLEGE

5251 COLLEGE DRIVE
DUBLIN,VA24084 		N/A PC EDUCATION - TUITION 1,289

NORTHERN VA COMMUNITY COLLEGE

6699 SPRINGFIELD CENTER DR
SPRINGFIELD,VA22150 		N/A PC EDUCATION - TUITION 3,799

OLD DOMINION UNIVERSITY

5115 HAMPTON BOULEVARD
NORFOLK,VA23529 		N/A GOV EDUCATION - TUITION 11,104

PARAMOUNT CENTER FOR THE ARTS

518 STATE STREET
BRISTOL,TN37620 		N/A PC RESTORATION PROJECT OF THE PARAMOUNT 50,000

PRESBYTERIAN CHILDREN'S HOME OF THE HIGHLANDS INC

425 GRAYSON ROAD
WYTHEVILLE,VA24382 		N/A PC HELP SERVE YOUNG PEOPLE/FAMILIES IN CRISIS 20,000

QUINNIPIAC UNIVERSITY

275 MOUNT CARMEL AVENUE
HAMDEN,CT06518 		N/A PC EDUCATION - BOOKS 1,655

QUINNIPIAC UNIVERSITY

275 MOUNT CARMEL AVENUE
HAMDEN,CT06518 		N/A PC EDUCATION - TUITION 60,001

RIVERS WAY INC

10 6TH STREET
BRISTOL,TN37620 		N/A PC SUPPORT EXPANSION OF WALKING PROGRAMS 10,000

SALISBURY UNIVERSITY

1101 CAMDEN AVE
SALISBURY,MD21801 		N/A PC EDUCATION - TUITION 14,129

SERVING ORPHANS WORLDWIDE INC

PO BOX 1403
BRISTOL,TN37621 		N/A PC FUND EDUCATION FOR ORPHANED AND ABANDONED CHILDREN IN TRI-CITIES & AROUND THE WORLD 25,000

SOUTHWEST VA CRIMINAL JUSTICE TRAINING ACADEMY

1595 BONHAMS ROAD
BRISTOL,VA24201 		N/A GOV TRAINING AND PROGRAMMING WITHIN THE ACADEMY 10,000

SOUTHWEST VA EMERGENCY MEDICAL SERVICE COUNCIL INC

506 PIEDMONT AVE
BRISTOL,VA24201 		N/A PC SUPPORT THE WORK OF FIRST RESPONDERS THROUGHOUT THE REGION 10,000

ST MARY'S COLLEGE OF MARYLAND

47645 COLLGE DR
ST MARYS CITY,MD20686 		N/A PC EDUCATION - TUITION 1,784

ST MARY'S COLLEGE OF MARYLAND

47645 COLLGE DR
ST MARYS CITY,MD20686 		N/A PC EDUCATION - BOOKS 139

SULLINS ACADEMY

22218 SULLINS ACADEMY
BRISTOL,VA24202 		N/A PC SCHOLARSHIPS 25,000

SYMPHONY OF THE MOUNTAINS

1200 EAST CENTER STREET STE 311
KINGSPORT,TN37660 		N/A PC PERFORMANCE SPONSORSHIP 25,000

THEATRE BRISTOL

512 STATE STREET
BRISTOL,TN37620 		N/A PC SEASON SPONSORSHIP - SERVICES FOR CHILDREN & FAMILIES 25,000

THEATER GUILD OF BUCHANAN COUNTY

8936 DISMAL RIVER ROAD
OAKWOOD,VA24631 		N/A PC SUPPORT CULTIVATING ART APPRECIATION AMONG CHILDREN/FAMILIES IN SWVA REGION 25,000

TOWSON UNIVERSITY

8000 YORK ROAD
TOWSON,MD21252 		N/A PC EDUCATION - TUITION 4,457

TOWSON UNIVERSITY

8000 YORK ROAD
TOWSON,MD21252 		N/A PC EDUCATION - BOOKS 155

UNIVERSITY OF MARYLAND

7901 REGENTS DRIVE
COLLEGE PARK,MD20742 		N/A GOV EDUCATION - BOOKS 500

UNIVERSITY OF MARYLAND

7901 REGENTS DRIVE
COLLEGE PARK,MD20742 		N/A GOV EDUCATION-TUITION 6,447

UNIVERSITY OF SOUTH CAROLINA

902 SUMTER STREET ACCESS
COLUMBIA,SC29208 		N/A GOV EDUCATION - TUITION 8,716

UNIVERSITY OF SOUTH CAROLINA

902 SUMTER STREET ACCESS
COLUMBIA,SC29208 		N/A GOV EDUCATION - BOOKS 113

UNIVERSITY OF VIRGINIA

1827 UNIVERSITY AVENUE
CHARLOTTESVILLE,VA22903 		N/A GOV EDUCATION - BOOKS 479

UNIVERSITY OF VIRGINIA

1827 UNIVERSITY AVENUE
CHARLOTTESVILLE,VA22903 		N/A GOV EDUCATION - TUITION 2,336

UVA WISE

1 COLLEGE AVENUE
WISE,VA24293 		N/A GOV EDUCATION - TUITION 16,626

UVA WISE

1 COLLEGE AVENUE
WISE,VA24293 		N/A GOV EDUCATION - BOOKS 752

VIRGINIA COMMONWEALTH UNIVERSITY

1111 W BROAD STREET
RICHMOND,VA23221 		N/A GOV EDUCATION - TUITION 24,656

VIRGINIA COMMONWEALTH UNIVERSITY

1111 W BROAD STREET
RICHMOND,VA23221 		N/A GOV EDUCATION - BOOKS 1,371

VIRGINIA HIGHLANDS COMMUNITY COLLEGE

1000 VHCC DR
ABINGDON,VA24210 		N/A GOV EDUCATION - TUITION 1,291

VIRGINIA TECH

210 BURRUSS HALL
BLACKSBURG,VA24061 		N/A GOV EDUCATION - BOOKS 1,748

VIRGINIA TECH

210 BURRUSS HALL
BLACKSBURG,VA24061 		N/A GOV EDUCATION - TUITION 32,859

VIRGINIA TECH

210 BURRUSS HALL
BLACKSBURG,VA24061 		N/A GOV EDUCATION - ROOM & BOARD 700

WASHINGTON COUNTY SHERRIFF DEPARTMENT

20281 RUSTIC LANE
ABINGDON,VA24210 		N/A PC GENERAL SUPPORT 10,000

WEST VIRGINIA UNIVERSITY

PO BOX 6201
MORGANTOWN,WV26506 		N/A GOV EDUCATION - TUITION 16,912

WEST VIRGINIA UNIVERSITY

PO BOX 6201
MORGANTOWN,WV26506 		N/A GOV EDUCATION - ROOM & BOARD 3,375

WINGATE UNIVERSITY

211 E WILSON ST
WINGATE,NC28174 		N/A PC EDUCATION - TUITION 43,915

WINGATE UNIVERSITY

211 E WILSON ST
WINGATE,NC28174 		N/A PC EDUCATION - BOOKS 1,006

YMCA BRISTOL FAMILY YMCA

400 MARTIN LUTHER KING JR BLVD
BRISTOL,TN37620 		N/A PC SUPPORT FOR DROWNING PREVENTION FLOAT 4 LIFE PROGRAM 10,000

YMCA OF BUCHANAN COUNTY

PO BOX 1450
GRUNDY,VA24614 		N/A PC GENERAL SUPPORT 187,655

YWCA - BRISTOL

106 STATE STREET
BRISTOL,TN37620 		N/A PC SCHOLARSHIPS FOR MCGLOTHLIN STREET CHILDCARE CENTER 55,000
Total .................................right arrow 3a 2,733,350
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
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 ........... 		    14 128,559  
4 Dividends and interest from securities ....     14 1,171,131  
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 3,843,604  
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 5,143,294 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,143,294
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


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

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

54-1390453
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


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

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE UNITED COMPANY FOUNDATION
  		Employer identification number
54-1390453
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
JAMES MCGLOTHLIN
 
1005 GLENWAY AVENUE
 
BRISTOL, VA242013473

$ 125,841


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE UNITED COMPANY FOUNDATION
  		Employer identification number

54-1390453
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE UNITED COMPANY FOUNDATION
  		Employer identification number

54-1390453
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX RETURN PREPARATION 4,700 0   4,700

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

TY 2024 DepreciationSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
FORD VAN - SOUP KITCHEN 2011-07-05 23,148 23,148 SL 3.000000000000 0 0    
CHEVROLET VAN - SOUP KITCHEN 2012-10-01 16,720 16,720 SL 3.000000000000 0 0    
CAN OPENER 2011-08-16 602 602 SL 5.000000000000 0 0    
SOUP KETTLE 2011-10-01 20,448 20,448 SL 5.000000000000 0 0    
REFRIGERATOR 2011-10-01 3,833 3,833 SL 5.000000000000 0 0    
WORK TABLES 2011-11-01 882 882 SL 5.000000000000 0 0    
DOUBLE DOOR COOLER 2009-10-01 4,902 4,902 SL 5.000000000000 0 0    
TELEVISION 2012-02-01 399 399 SL 5.000000000000 0 0    
HP INKJET PRINTER 2007-06-01 1,077 1,077 SL 5.000000000000 0 0    
CANON PRINTER/SCANNER 2012-06-30 242 242 SL 5.000000000000 0 0    
ELECTRICAL- SOUP KITCHEN 2011-12-01 4,555 3,670 SL 15.000000000000 304 0    
NEW ENTRANCE DOORS 2011-11-01 3,324 2,697 SL 15.000000000000 221 0    
SOUP KITCHEN CONSTRUCTION 2011-11-01 461 375 SL 15.000000000000 30 0    
PAINTING NEW ADDITIONS 2011-11-01 672 546 SL 15.000000000000 44 0    
INSTALL WATER & GAS LINE SOUP K 2011-11-01 1,474 1,195 SL 15.000000000000 98 0    
PAVING 2011-12-01 7,500 6,042 SL 15.000000000000 500 0    
ENTRANCE DOORS LOCK SET 2012-01-01 105 84 SL 15.000000000000 7 0    
SOUP KITCHEN PAINTING 2012-03-01 617 485 SL 15.000000000000 41 0    
SOUP KITCHEN RENOVATIONS 2012-03-01 3,542 2,793 SL 15.000000000000 236 0    
SOUP KITCHEN ACOUSTICAL CEILING 2012-03-01 2,115 1,669 SL 15.000000000000 141 0    
HP LASERJET PRINTER 2013-05-07 332 332 SL 5.000000000000 0 0    
HP LASERJET PRINTER 2013-09-04 252 252 SL 5.000000000000 0 0    
AWNING 2014-02-01 2,161 1,430 SL 15.000000000000 144 0    
REFRIGERATOR 2015-03-01 3,650 3,650 SL 5.000000000000 0 0    
REFRIGERATOR 2017-03-22 2,600 2,600 SL 5.000000000000 0 0    
SOUP KETTLE 2017-07-20 19,380 19,380 SL 5.000000000000 0 0    
SOUP KITCHEN OFFICE REMODEL 2018-08-01 1,981 715 SL 15.000000000000 132 0    
AIR CONDITIONER - REPL/INST 2018-09-20 876 876 SL 5.000000000000 0 0    
REFRIGERATOR 2020-01-17 3,119 2,495 SL 5.000000000000 624 0    
GAS UNIT HEATER 2020-12-31 4,475 2,760 SL 5.000000000000 895 0    

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Name of Bond End of Year Book Value End of Year Fair Market Value
AEP TX INC 2.1% 07/01/30 214,185 214,185
AMCOR FLEXIBLES NORTH 3.1% 09/15/26 242,021 242,021
AMERIPRISE FINL INC 3% 04/02/25 248,937 248,937
AMERN HONDA FIN MTN 4.4% 09/05/29 243,081 243,081
AMGEN INC 2.2% 02/21/27 192,570 192,570
AMPHENOL CORP 5.05% 04/05/27 252,173 252,173
BK OF AMER CORP MTN 1.25% 09/24/26 233,877 233,877
BORGWARNER INC 2.65% 07/01/27 237,799 237,799
CAP ONE FINL CO 3.2% 02/05/25 249,950 249,950
COMCAST CORP 4.15% 10/15/28 243,809 243,809
CUMMINS INC 4.9% 02/20/29 251,560 251,560
DCP MIDSTREAM OPER 5.375% 07/15/25 158,196 158,196
DUKE ENERGY CORP 5% 12/08/25 250,637 250,637
EAGLE MATERIALS 2.5% 07/01/31 212,562 212,562
EASTMAN CHEM CO 3.8% 03/15/25 249,409 249,409
GA PWR CO 5.004% 02/23/27 251,923 251,923
GOLDMAN SACHS GROUP MTN 2% 12/14/26 233,892 233,892
GOLDMAN SACHS GROUP MTN 6% 04/30/29 248,155 248,155
HOME DEPOT INC 4.9% 04/15/29 252,212 252,212
IBM CORP 4.5% 02/06/28 248,528 248,528
JPMORGAN CHASE MTN 5% 12/18/34 494,260 494,260
MARRIOTT INTL 4.65% 12/01/28 248,190 248,190
NATL RURAL UTIL COOP 2.4% 03/15/30 220,550 220,550
NATL RURAL UTIL MTN 5.05% 09/15/28 251,895 251,895
ORACLE CORP 4.5% 05/06/28 247,506 247,506
PHILLIPS 66 4.65% 11/15/34 233,062 233,062
PRUDENTIAL FINL MTN 4.25% 08/15/29 241,814 241,814
SONOCO PRODUCTS CO 2.25% 02/01/27 236,429 236,429
ST STR CORP 5.272% 08/03/26 252,472 252,472
THERMO FISHER SCIENTIFIC 5% 01/31/29 252,114 252,114
TRANSCONT GAS PIPE LI 3.25% 05/15/30 227,750 227,750
UNITEDHEALTH GROUP INC 4.2% 05/15/32 235,572 235,572
US BANCORP MTN 5.35% 12/19/34 248,208 248,208
VALERO ENERGY CORP 2.15% 09/15/27 233,714 233,714
WELLS FARGO & CO 3% 10/23/26 242,405 242,405
WELLS FARGO & CO MTN 4.5% 07/28/25 248,743 248,743
WELLS FARGO & CO MTN 5.15% 12/16/34 242,556 242,556
ZIONS BANCORP NA MTN 3.25% 10/29/29 222,781 222,781

TY 2024 InvestmentsCorpStockSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 49,316 49,316
ADOBE SYSTEMS INC 192,102 192,102
ADVANCED MICRO DEVICES 71,628 71,628
ALPHABET INC/CA-CL C 152,733 152,733
ALPHABET INC-CL A 1,068,977 1,068,977
AMAZON.COM INC 1,922,515 1,922,515
AMERICAN EXPRESS CO 326,469 326,469
AMERIPRISE FINANCIAL INC 52,178 52,178
AMPHENOL CORP-CL A 138,900 138,900
ANALOG DEVICES INC 132,575 132,575
APPLE INC 1,871,389 1,871,389
ARES MANAGEMENT CORP 460,278 460,278
ARTHUR J GALLAGHER & CO 60,460 60,460
ASML HOLDING NV-NY REG SHS 74,160 74,160
AUTOMATIC DATA PROCESSING 149,878 149,878
AVANTIS US SMALL CAP VALUE 1,042,524 1,042,524
BERKSHIRE HATHAWAY INC-CL B 117,853 117,853
BOSTON SCIENTIFIC CORP 221,424 221,424
BROADCOM INC 467,853 467,853
CADENCE DESIGN SYS INC 104,861 104,861
CHIPOTLE MEXICAN GRILL INC 68,983 68,983
CONSTELLATION BRANDS INC-A 133,484 133,484
COOPER COS INC/THE 152,604 152,604
DANAHER CORP 170,556 170,556
EATON CORP PLC 315,277 315,277
ECOLAB INC 85,058 85,058
ELI LILLY & CO 162,120 162,120
EQUIFAX INC 98,882 98,882
FAIR ISAAC CORP 87,601 87,601
GARTNER INC 102,223 102,223
GOLDMAN SACHS GROUP INC 858,930 858,930
ILLUMINA INC 72,561 72,561
INTUIT INC 255,800 255,800
INTUITIVE SURGICAL INC 411,304 411,304
IQVIA HOLDINGS INC 136,967 136,967
JPMORGAN CHASE & CO 337,991 337,991
LINDE PLC 83,315 83,315
MASTERCARD INC-CLASS A 551,319 551,319
META PLATFORMS INC-CLASS A 1,248,307 1,248,307
METTLER-TOLEDO INTERNATIONAL 157,855 157,855
MICROSOFT CORP 2,114,666 2,114,666
NVIDIA CORP 1,059,951 1,059,951
ORACLE CORP 425,599 425,599
O'REILLY AUTOMOTIVE INC 65,219 65,219
PALANTIR TECHNOLOGIES INC-A 476,469 476,469
PALO ALTO NETWORKS INC 72,420 72,420
PARKER HANNIFIN CORP 66,783 66,783
PAYPAL HOLDINGS INC 345,668 345,668
PROGRESSIVE CORP 86,020 86,020
ROPER TECHNOLOGIES INC 271,362 271,362
S&P GLOBAL INC 43,827 43,827
SALESFORCE.COM INC 322,294 322,294
SCHWAB (CHARLES) CORP 179,252 179,252
SHERWIN-WILLIAMS CO/THE 74,105 74,105
THERMO FISHER SCIENTIFIC INC 52,023 52,023
TJX COMPANIES INC 223,499 223,499
TRANSDIGM GROUP INC 287,673 287,673
UNION PACIFIC CORP 52,449 52,449
UNITEDHEALTH GROUP INC 71,326 71,326
VERTIV HOLDINGS CO-A 341,966 341,966
VISA INC-CLASS A SHARES 373,243 373,243
WALMART INC 672,023 672,023
ZOETIS INC 117,635 117,635

TY 2024 InvestmentsGovtObligationsSch
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
US Government Securities - End of Year Book Value:

3,225,000
US Government Securities - End of Year Fair Market Value:

3,225,000
State & Local Government Securities - End of Year Book Value:


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


0


TY 2024 InvestmentsOtherSchedule2
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AMERICAN TOWER CORP FMV 235,315 235,315
INVESCO QQQ TRUST SERIES 1 FMV 1,385,433 1,385,433
INVESCO S&P 500 EQUAL WEIGHT FMV 1,839,915 1,839,915
JPM NASDAQ EQUITY PREMIUM FMV 2,763,860 2,763,860
JPMORGAN EQUITY PREMIUM INCOME ETF FMV 149,578 149,578
SPDR DOUBLELINE TOTAL RETURN TACTICAL ETF FMV 787,800 787,800
SPDR S&P 500 ETF TRUST FMV 10,446,876 10,446,876

TY 2024 LandEtcSchedule2
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FORD VAN - SOUP KITCHEN 23,148 23,148 0  
CHEVROLET VAN - SOUP KITCHEN 16,720 16,720 0  
CAN OPENER 602 602 0  
SOUP KETTLE 20,448 20,448 0  
REFRIGERATOR 3,833 3,833 0  
WORK TABLES 882 882 0  
DOUBLE DOOR COOLER 4,902 4,902 0  
TELEVISION 399 399 0  
HP INKJET PRINTER 1,077 1,077 0  
CANON PRINTER/SCANNER 242 242 0  
ELECTRICAL- SOUP KITCHEN 4,555 3,974 581  
NEW ENTRANCE DOORS 3,324 2,918 406  
SOUP KITCHEN CONSTRUCTION 461 405 56  
PAINTING NEW ADDITIONS 672 590 82  
INSTALL WATER & GAS LINE SOUP K 1,474 1,293 181  
PAVING 7,500 6,542 958  
ENTRANCE DOORS LOCK SET 105 91 14  
SOUP KITCHEN PAINTING 617 526 91  
SOUP KITCHEN RENOVATIONS 3,542 3,029 513  
SOUP KITCHEN ACOUSTICAL CEILING 2,115 1,810 305  
HP LASERJET PRINTER 332 332 0  
HP LASERJET PRINTER 252 252 0  
AWNING 2,161 1,574 587  
REFRIGERATOR 3,650 3,650 0  
REFRIGERATOR 2,600 2,600 0  
SOUP KETTLE 19,380 19,380 0  
SOUP KITCHEN OFFICE REMODEL 1,981 847 1,134  
AIR CONDITIONER - REPL/INST 876 876 0  
REFRIGERATOR 3,119 3,119 0  
GAS UNIT HEATER 4,475 3,655 820  


TY 2024 OtherExpensesSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FUEL (SOUP KITCHEN) 294 0   294
SUPPLIES 1,011 0   1,011
VEHICLE EXPENSE (SOUP KITCHEN) 1,157 0   1,157
COST OF FOOD CONSUMED (SOUP KITCHEN) 101,882 0   101,882
INSURANCE 16,643 0   16,643
PAYROLL PROCESSING - ADP 1,793 0   1,793
TELEPHONE 2,039 0   2,039
ELECTRICITY 4,733 0   4,733
SOFTWARE 997 0   997
PROMOTIONS & ADVERTISING 1,559 0   1,559
COLLEGE VISITS 2,500 0   2,500
MISCELLANEOUS EXPENSE 592 0   592
CAMP SUCCESS 24,032 0   24,032
CAMP FOR KIDS 69,853 0   69,853
HOLIDAY GIFT CERTIFICATES (SOUP KITCHEN ROUTE RECIPIENTS) 11,533 0   11,533


TY 2024 OtherIncreasesSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Description Amount
NET UNREALIZED CHANGE IN VALUE OF INVESTMENTS 3,999,238
DONATION FORFEITED 2,578


TY 2024 OtherProfessionalFeesSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 213,228 213,228   0


TY 2024 TaxesSchedule
Name:
THE UNITED COMPANY FOUNDATION
EIN:
54-1390453
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SECTION 4940 TAX 68,528 0   0