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 VAN BUREN FOUNDATION INC
 
% DILLON SMITH
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 158
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
KEOSAUQUA, IA52565
A Employer identification number

42-6062589
B Telephone number (see instructions)

(319) 795-7898
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$10,148,375J 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) 91,090
2 Check right arrow.............
3 Interest on savings and temporary cash investments 3,075 3,075 3,075
4 Dividends and interest from securities... 232,348 232,348 232,348
5a Gross rents............ 4,775 4,775 4,775
b Net rental income or (loss) 4,775
6a Net gain or (loss) from sale of assets not on line 10 571,839
b Gross sales price for all assets on line 6a 571,839
7 Capital gain net income (from Part IV, line 2)... 571,839
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
240 240 240
12 Total. Add lines 1 through 11........ 903,367 812,277 240,438
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
19,200 9,600   19,200
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
13,931 13,931    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
42,797    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
83,954     81,101
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 159,882 23,531   100,301
25 Contributions, gifts, grants paid....... 423,560 423,560
26 Total expenses and disbursements. Add lines 24 and 25 583,442 23,531   523,861
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 319,925
b Net investment income (if negative, enter -0-) 788,746
c Adjusted net income (if negative, enter -0-)... 240,438
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............. 178,408 66,354 66,354
2 Savings and temporary cash investments......... 566,262 944,987 944,987
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   928    
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 8,428,147 Click to see attachment
List of Attached Documents:
// Content
8,561,331 		8,561,331
c Investments—corporate bonds (attach schedule).......      
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)..........      
14 Land, buildings, and equipment: basis right arrow1,702,708
Less: accumulated depreciation (attach schedule) right arrow1,127,005 557,731 Click to see attachment
List of Attached Documents:
// Content
575,703 		575,703
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,731,476 10,148,375 10,148,375
Liabilities 17 Accounts payable and accrued expenses.......... 20,287 10,278
18 Grants payable................. 208,300 260,400
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)......... 228,587 270,678
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........... 7,101,702 7,341,463
25 Net assets with donor restrictions............ 2,401,187 2,536,234
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)..... 9,502,889 9,877,697
30 Total liabilities and net assets/fund balances (see instructions). 9,731,476 10,148,375
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
9,502,889
2
Enter amount from Part I, line 27a .....................
2
319,925
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
55,076
4
Add lines 1, 2, and 3 ..........................
4
9,877,890
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,877,890
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 LONG TERM P    
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 571,839     571,839
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       571,839
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 2 571,839
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 10,964
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 10,964
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 10,964
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 6,798
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,798
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 4,166
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 arrowIA
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 arrow  
14
The books are in care ofright arrowGATEWAY FINANCIAL LTD Telephone no.right arrow (319) 524-7278

Located atright arrow2406 MAIN STKEOKUKIA ZIP+4right arrow52632
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
CRYSTAL CRONK ASST SECRETARY
0.25 		0 0 0
504 S MAPLE
FAIRFIELD,IA52556
ALLEN GUNN VICE PRESIDENT
0.25 		0 0 0
BOX 83
BONAPARTE,IA52620
MARVIN PHILIPS DIRECTOR
0.25 		0 0 0
14727 110TH ST
DOUDS,IA52551
KATIE NICHOLS VICE CHAIR
0.25 		0 0 0
701 VAN BUREN ST
KEOSAUQUA,IA52565
DENAE MEEK DIRECTOR
0.25 		0 0 0
212 2ND ST
BONAPARTE,IA52620
KEVIN HRANICKA ASST TREASURER
0.25 		0 0 0
104 TWOMBLY CIRCLE
KEOSAUQUA,IA52565
MATT MANNING PRESIDENT
0.25 		0 0 0
106 MCCOY CIR
KEOSAUQUA,IA52565
JON P FINNEY CHAIRPERSON
0.25 		0 0 0
301 HENRY ST
KEOSAUQUA,IA52565
LISA PLOWMAN SECRETARY
0.25 		0 0 0
16063 GOLD AVE
DOUDS,IA52551
JEANNE ERICKSON DIRECTOR
0.25 		0 0 0
PO BOX 471
KEOSAUQUA,IA52565
DILLON SMITH TREASURER
0.25 		0 0 0
406 WALNUT ST
FARMINGTON,IA52626
DIANE WAUGH DIRECTOR
0.25 		0 0 0
15433 105TH RD
LIBERTYVILLE,IA52567
DIXIE SAUNDERS DIRECTOR
0.25 		0 0 0
30192 260TH ST
Bonaparte,IA52620
JULIE CHAPUIS DIRECTOR
0.25 		0 0 0
22054 210TH ST
Keosauqua,IA52565
STACY RICHARDS DIRECTOR
0.25 		0 0 0
13858 200TH RD
Douds,IA52551
CHRISTINE WESTERCAMP DIRECTOR
0.25 		0 0 0
107 ELM ST
FARMINGTON,IA52626
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right 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 EXPENSES ATTRIBUTABLE TO ROBERTS MEMORIAL BUILDING - SEE SCHEDULE 0
2 OTHER QUALIFYING GRANTS AND SCHOLARSHIPS 0
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
8,702,759
b
Average of monthly cash balances.......................
1b
702,730
c
Fair market value of all other assets (see instructions)................
1c
548,385
d
Total (add lines 1a, b, and c).........................
1d
9,953,874
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
9,953,874
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
149,308
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
9,804,566
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
490,228
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
490,228
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
10,964
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
10,964
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
479,264
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
479,264
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
479,264
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
523,861
b
Program-related investments—total from Part VIII-B..................
1b
 
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
523,861
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 7 479,264
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 523,861
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 479,264
e Remaining amount distributed out of corpus 44,597
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 44,597
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		44,597
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024.... 44,597
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:
JON FINNEY
PO BOX 158
KEOSAUQUA,IA52565
(319) 293-3209
bThe form in which applications should be submitted and information and materials they should include:
SUBMIT REQUESTS IN WRITTEN FORM DETAILING THE PURPOSE OF THE GRANT, COST OF PROJECT, AND THE TIME FRAME IN WHICH FUNDS WILL BE USED. NO FUNDS SHALL BE AWARDED WHEREIN PECUNIARY PROFITS MAY BE OBTAINED. THE FDTN GRANT MUST NOT BE THE SOLE OR COMPLETE FUNDS VESTED IN ANY PROJECT. THE BOARD MEETS TWICE YEARLY TO REVIEW APPLICATIONS AND GIVES PREFERANCE TO REQUESTS BENEFITING VAN BUREN COUNTY, IA.
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
PREFERANCE GIVEN TO REQUESTS BENEFITING VAN BUREN COUNTY, IOWA
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
DILLON SMITH
PO BOX 158
KEOSAUQUA,IA52565
(319) 293-7176
bThe form in which applications should be submitted and information and materials they should include:
THE EDUCATIONAL SCHOLARSHIPS ARE MEMORIALS GIVEN TO STUDENTS MEETING CERTAIN REQUIREMENTS AND ARE CHOSEN BY THE SCHOLARSHIP COMMITTEE MADE UP OF MEMBERS OF THE FOUNDAITON AND STAFF MEMBERS OF THE VAN BUREN COMMUNITY SCHOOLS.
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
STUDENT MUST BE GRADUATING FROM VAN BUREN COMMUNITY SCHOOL DISTRICT
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
IOWA STATE UNIVERSITY


0210 BEARDSHEAR
AMES,IA50011 		NONE NC SCHOLARSHIPS 5,500
CHRIST UNITED METHODIST CHURCH


301 HENRY ST
KEOSAUQUA,IA52565 		NONE NC SIDEWALK REPLACEMENT EQUIPMENT REPAIRS 7,200
INDIAN HILLS COMMUNITY COLLEGE


525 GRANDVIEW AVE
OTTUMWA,IA52501 		NONE NC SCHOLARSHIPS 5,250
CENTRAL CHRISTIAN COLLEGE


PO BOX 180
WEST BURLINGTON,IA52655 		NONE NC SCHOLARSHIPS 1,500
INDIAN HILLS COMMUNITY COLLEGE FDTN


525 GRANDVIEW AVE
OTTUMWA,IA52501 		NONE PC CRIMINAL JUSTICE TRAINING CENTER 10,000
UNIVERSITY OF IOWA


2400 UNIVERSITY CAPITAL CENTRE
IOWA CITY,IA52242 		NONE NC SCHOLARSHIPS 6,000
PATHFINDERS


304 S MAPLE ST STE 101
FAIRFIELD,IA52556 		NONE PC HISTORIC HILLS SCENIC BYWAY 5,000
BONAPARTE COMM IMPROVEMENT ASSN


PO BOX 194
BONAPARTE,IA52620 		NONE PC FACILITY EQUIPMENT AND BUILDING UPGRADES 12,493
KEOSAUQUA PUBLIC LIBRARY


608 1ST ST
KEOSAUQUA,IA52565 		NONE NC GENERAL SUPPORT 273
KEOSAUQUA SENIOR CENTER


801 FRONT ST
KEOSAUQUA,IA52565 		NONE PC GENERAL SUPPORT 273
KEOSAUQUA FIRE DEPT


PO BOX 252
KEOSAUQUA,IA52565 		NONE GOV ONGOING SUPPORT 273
CONGREGATIONAL CHURCH OF CHRIST


401 VAN BUREN ST
KEOSAUQUA,IA52565 		NONE NC GENERAL SUPPORT 4,370
PURDOM CEMETERY


230 RIVERVIEW DR
KEOSAUQUA,IA52565 		NONE PC GENERAL SUPPORT 2,185
FELLOWS CEMETERY


UNNAMED ROAD
KEOSAUQUA,IA52565 		NONE NC GENERAL SUPPORT 2,185
DOUDS COMMUNITY CLUB


14654 MORROW ST
DOUDS,IA52551 		NONE PC COMMUNITY CENTER RENOVATIONS 3,000
MILTON LIONS CLUB


PO BOX 188
MILTON,IA52570 		NONE PC DEPOST EXTERIOR REPAIRSPAINTING 6,000
CITY OF KEOSAUQUA


201 MAIN ST
KEOSAUQUA,IA52565 		NONE GOV COMMUNITY POOL IMPROVEMENTS 40,000
VILLAGES OF VAN BUREN


809 1ST ST
KEOSAUQUA,IA52565 		NONE PC ANNUAL FUNDING DEPOT BROCHURES 39,000
VBC EXTENSION


200 DODGE ST
KEOSAUQUA,IA52565 		NONE GOV JUDGES RIBBONS & AWARDS 4,800
FRIENDS OF LACEY


22895 LACEY TRAIL
KEOSAUQUA,IA52565 		NONE PC PARK TRAIL 27,500
FARMINGTON EMERGENCY RESPONDERS


PO BOX 533
FARMINGTON,IA52626 		NONE PC BRUSH TRUCK 15,000
VAN BUREN COUNTY PUBLIC HEALTH


PO BOX 514
KEOSAUQUA,IA52565 		NONE GOV ONGOING SUPPORT 2,549
CITY OF FARMINGTON - EMS


203 ELM ST
FARMINGTON,IA52626 		NONE GOV GENERATOR IV PUMPS CPR MANIKINS 14,000
VAN BUREN HISTORICAL SOCIETY


PO BOX 423
KEOSAUQUA,IA52565 		NONE PC 1ST FLOOR TWOMBLY BUILIDNG PROJECT 35,373
ENGAGE KEOSAUQUA


PO BOX 313
KEOSAUQUA,IA52565 		NONE PC CONCERT SERIES 5,000
VAN BUREN COUNTY HOSPITAL


308 MULBERRY ST
KEOSAUQUA,IA52565 		NONE GOV ONGOING SUPPORT FITNESS CENTER EQUIP EQ RENTAL 3,849
VILLAGES FOLK SCHOOL


809 1ST ST
KEOSAUQUA,IA52565 		NONE PC 2023 PROGRAMMING 5,000
BONAPARTE EMS


602 2ND ST
BONAPARTE,IA52620 		NONE PC NEW EMSRESPONDERS TRUCK 25,000
CETNRAL COLLEGE OF PELLA


812 UNIVERSITY ST
PELLA,IA50219 		NONE NC SCHOLARSHIPS 2,500
MILTON AMERICAN LEGION POST 483


324 N MAIN ST
MILTON,IA52570 		NONE PC NEW HVAC 4,500
VAN BUREN COUNTY COMMUNITY SCHOOL


1313 1ST ST
KEOSAUQUA,IA52565 		NONE GOV RIVERVIEW CLUB RENTAL SOUND SYSTEM BAND EQUIP 34,500
VBC TRAILS ASSOCIATION


20158 HEATHER DR
KEOSAUQUA,IA52565 		NONE PC BOAT LAUNCH DM RIVER WATER TRAIL 38,000
ZION LUTHERAN CEMETERY ASSOCIATION


301 HENRY ST
KEOSAUQUA,IA52565 		NONE PC FLAGS AND POLES 3,200
Total .................................right arrow 3a 371,273
bApproved for future payment
VILLAGES FOLK SCHOOL

809 1ST ST
KEOSAUQUA,IA52565 		NONE PC 2024 PROGRAMS 6,000
CITY OF FARMINGTON

PO BOX 477
FARMINGTON,IA52626 		NONE GOV DAM TRAIL IMPROVEMENTS LODGE RESTORATION KAYAK 30,300
FRIENDS OF LACEY

22895 LACEY TRAIL
KEOSAUQUA,IA52565 		NONE PC BEACH HOUSE ACCESSIBILITY 36,000
RUSSELL STRAIT POST 483 MILTON

324 N MAIN ST
MILTON,IA52570 		NONE PC VETERANS MEMORIAL 3,000
ENGAGE KEOSAUQUA

PO BOX 313E
KEOSAUQUA,IA52565 		NONE PC CONCERT SERIES POCKET PARK FENCE 1ST ST COURTS 157,300
DOUDS AMERICAN LEGION POST 494

14159 HIGHWAY 98
DOUDS,IA52551 		NONE PC UNIFORMS 6,000
VAN BUREN COUNTY EXTENSION

200 DODGE ST
KEOSAUQUA,IA52565 		NONE GOV 4H JUDGES ROBBONS AWARDS 2,000
VAN BUREN COUNTY HOSPITAL

304 FRANKLIN ST
KEOSAUQUA,IA52565 		NONE GOV EQUIPMENT RENTAL 400
VAN BUREN COUNTY CONSERVATION

816 FRANKLIN ST
KEOSAUQUA,IA52565 		NONE GOV BENTONSPORT ROSE GARDEN 1,400
VAN BUREN COUNTY SCHOOLS

1313 1ST ST
KEOSAUQUA,IA52565 		NONE GOV TRACK TIMING SYSTEM 6,000
VAN BUREN COUNTY HISTORICAL SOCIETY

PO BOX 24
KEOSAUQUA,IA52565 		NONE PC 1ST FLOOR TWOMBLY BLDG RENOVATION 4,000
ZION LUTHERAN CEMETERY ASSOCATION

301 HENRY ST
KEOSAUQUA,IA52565 		NONE NC GRAVESTONE RESTORATION 8,000
Total ................................. right arrow 3b 260,400
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 ....         240
3 Interest on savings and temporary cash
investments ........... 		    14 3,075  
4 Dividends and interest from securities ....     14 232,348  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     14    
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    14    
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) ..   235,423 240
13Total. Add line 12, columns (b), (d), and (e)..................
13
235,663
(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.)
2 BOARD MEMBERS PAY DUES TO THE VAN BUREN FOUNDATION, INC. THE MEMBERS MEET TWICE EACH YEAR TO REVIEW GRANT APPLICATION
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)
Yes
 
(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
1a(1) 14,000 CITY OF FARMINGTON GRANT FOR EQUIPMENT
1a(1) 40,000 CITY OF KEOSAUQUA GRANT FOR POOL REPAIRS
1a(1) 4,370 CONGREGATION CHURCH ONGOING SUPPORT
1a(1) 3,000 DOUDS COMMUNITY CLUB COMM CENTER RENOVATIONS
1a(1) 2,185 FELLOWS CEMETERY ONGOING SUPPORT
1a(1) 273 KEOSAUQUA LIBRARY ONGOING SUPPORT
1a(1) 4,500 MILTON AMERICAN LEG NEW HVAC
1a(1) 6,000 MILTON LIONS CLUB DEPOT EXTERIOR REPAIRS
1a(1) 2,185 PURDOM CEMETERY ONGOING SUPPORT
1a(1) 34,500 VAN BUREN CO SCHOOLS MULTIPLE GRANTS
1a(1) 3,849 VAN BUREN CO HOSP MULTIPLE GRANTS
1a(1) 4,800 VBC EXTENSION 4H EXPENSES
1a(1) 2,549 VBC PUBLIC HEALTH ONGOING SUPPORT
1a(1) 39,000 VILLAGES OF VANBUREN MULTIPLE GRANTS
1a(1) 3,200 ZION LUTHERAN CEM ADDITIONAL FLAGSPOLES
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 VAN BUREN FOUNDATION INC
 
Employer identification number

42-6062589
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 VAN BUREN FOUNDATION INC
  		Employer identification number
42-6062589
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
RICHARD & NANCY PERKINS
 
29 ACORN CT
 
IOWA CITY, IA52246

$ 90,000


(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 VAN BUREN FOUNDATION INC
  		Employer identification number

42-6062589
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 VAN BUREN FOUNDATION INC
  		Employer identification number

42-6062589
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 VAN BUREN FOUNDATION INC
EIN:
42-6062589
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 19,200 9,600 0 19,200

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TY 2024 DepreciationSchedule
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
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
BUILDING REMODEL 1998-10-01 488,275 316,127 SL 39 12,520 0 0  
BUILDING REMODEL 1998-12-31 13,595 8,716 SL 39 349 0 0  
STORAGE SHED 2005-11-17 3,120 2,821 SL 20 156 0 0  
REMODELING 2006-03-20 62,112 55,126 SL 20 3,106 0 0  
KITCHEN REMODELING 2007-12-15 8,530 6,858 SL 20 427 0 0  
NEW CEILING AND LIGHTS 2008-06-18 21,994 17,047 SL 20 1,100 0 0  
LIGHTS AND ISNTALLATION 2009-03-10 7,813 5,796 SL 20 391 0 0  
NEW BATHROOM FLOOR TILE 2011-02-10 20,890 13,489 SL 20 1,045 0 0  
PARKING LOT IMPROVEMENTS 2011-07-11 15,136 12,613 SL 15 1,009 0 0  
AIR CONDITIONING SYSTEM 2012-07-07 32,175 24,667 SL 15 2,145 0 0  
NEW REPLACEMENT ROOF 2017-12-31 143,767 34,505 SL 25 5,751 0 0  
FURNACE 2017-12-21 6,334 2,532 SL 15 422 0 0  
ADDITIONAL ROOF COST 2018-02-28 24,862 5,799 SL 25 994 0 0  
ADDITIONAL ROOF COSTS 2018-09-30 31,086 6,527 SL 25 1,243 0 0  
FLOOR MACHINE 2017-10-30 5,986 5,273 SL 7 713 0 0  
BATTERY UPGRADE 2017-11-02 536 474 SL 7 62 0 0  
PARKING LOT IMPOROVEMENTS 2019-12-31 18,909 5,044 SL 15 1,261 0 0  
BLEACHERS 2021-12-10 31,200 3,250 SL 20 1,560 0 0  
16 HIBACK CHAIRS 2023-08-17 5,650 565 SL 5 1,130 0 0  
CARPET 2023-03-31 3,056 306 SL 5 611 0 0  
PARKING LOT LIGHT POLES 2023-11-30 4,583 327 SL 7 655 0 0  
SIDEWALK 2023-07-03 40,334 1,344 SL 15 2,689 0 0  
BUILDING IMPROVEMENTS 2023-08-17 77,541 746 SL 39 1,988 0 0  
ROOF REPAIR 2023-06-12 8,812 122 SL 39 226 0 0  
INTERIOR IMPROVEMENTS 2024-02-15 12,110   SL 39 272 0 0  
LAND IMPROVEMENTS 2024-04-06 16,996   SL 15 708 0 0  
LAND IMPROVEMENTS 2024-12-06 31,663   SL 15 264 0 0  

TY 2024 InvestmentsCorpStockSchedule
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Name of Stock End of Year Book Value End of Year Fair Market Value
EDWARD JONES STOCKS & MF 6,274,904 6,274,904
VANGUARD DAUGHRITY 1,259,444 1,259,444
VANGUARD FINNEY 1,026,982 1,026,982
BALANCING 1 1

TY 2024 LandEtcSchedule2
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND 1,000 0 1,000 1,000
BUILDING FURNITURE IMPROVEMENTS 1,653,048 1,126,033 527,015 527,015
LAND IMPROVEMENTS 48,659 972 47,687 47,687
BALANCING 1 0 1 1


TY 2024 OtherExpensesSchedule
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES 50 0 0 50
INSURANCE 7,601 0 0 7,601
JANITORIAL 8,763 0 0 8,763
MAINTENANCE 37,806 0 0 37,806
REPAIRS 12,702 0 0 12,702
SUPPLIES 491 0 0 491
UTILITIES 13,688 0 0 13,688
OFFICE EXPENSE 1,104 0 0 0
SMALL EQUIPMENT 1,749 0 0 0


TY 2024 OtherIncomeSchedule2
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
DIRECTOR FEES 240 240 240


TY 2024 OtherIncreasesSchedule
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Description Amount
UNREALIZED GAINS 55,076


TY 2024 SubstantialContributorsSch
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Name Address
RICHARD PERKINS
  		29 ACORN ST
IOWA CITY,IA52246


TY 2024 TaxesSchedule
Name:
THE VAN BUREN FOUNDATION INC
EIN:
42-6062589
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX EXPENSE 2,967 2,967 0 0
INCOME TAX EXPENSE 10,964 10,964 0 0