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 BILL & ROSEMARY GALLAGHER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 4787
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MISSOULA, MT59806
A Employer identification number

91-2138399
B Telephone number (see instructions)

(503) 464-3580
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$6,142,627J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 175,457 174,389  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 54,738
b Gross sales price for all assets on line 6a 2,104,248
7 Capital gain net income (from Part IV, line 2)... 54,738
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
101 101  
12 Total. Add lines 1 through 11........ 230,296 229,228  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 96,000     96,000
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,850 0 0 1,850
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
26,013 23,412   2,601
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,136 1,136   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,589     6,589
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 131,588 24,548 0 107,040
25 Contributions, gifts, grants paid....... 377,500 377,500
26 Total expenses and disbursements. Add lines 24 and 25 509,088 24,548 0 484,540
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -278,792
b Net investment income (if negative, enter -0-) 204,680
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets 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............. 1,959    
2 Savings and temporary cash investments......... 135,510 57,871 57,871
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
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)....... 1,084,642 Click to see attachment
List of Attached Documents:
// Content
1,066,714 		2,459,531
c Investments—corporate bonds (attach schedule)....... 712,823 Click to see attachment
List of Attached Documents:
// Content
665,139 		666,344
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).......... 2,876,539 Click to see attachment
List of Attached Documents:
// Content
2,741,806 		2,952,628
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
4,982 		Click to see attachment
List of Attached Documents:
// Content
6,253 		Click to see attachment
List of Attached Documents:
// Content
6,253
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,816,455 4,537,783 6,142,627
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
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...........    
25 Net assets with donor restrictions............    
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........ 4,816,455 4,537,783
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,816,455 4,537,783
30 Total liabilities and net assets/fund balances (see instructions). 4,816,455 4,537,783
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
4,816,455
2
Enter amount from Part I, line 27a .....................
2
-278,792
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
731
4
Add lines 1, 2, and 3 ..........................
4
4,538,394
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
611
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,537,783
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 5. COSTCO WHSL CORP NEW   2022-01-20 2024-01-09
b 65. ISHARES S&P 500 INDEX FUND   2022-01-24 2024-01-09
c 100. ISHARES S&P SMALL CAP 600 INDEX FD   2022-11-18 2024-01-09
d 50. ISHARES CORE MSCI EAFE ETF   2022-08-02 2024-01-09
e 25. MARATHON PETROLEUM CORP   2021-04-07 2024-01-09
35. SPDR S P MIDCAP 400 ETF   2022-12-05 2024-01-09
12. CONOCOPHILLIPS COM   2022-05-03 2024-01-23
10. COSTCO WHSL CORP NEW   2021-04-07 2024-01-23
50. ISHARES S&P 500 INDEX FUND   2019-08-05 2024-01-23
25. ISHARES MSCI EAFE GROWTH ETF   2023-06-14 2024-01-23
25. SPDR S P MIDCAP 400 ETF   2022-12-05 2024-01-23
10. FACEBOOK INC A   2021-03-04 2024-01-31
200. ISHARES S&P 500 INDEX FUND   2019-05-24 2024-01-31
50000. U S TREASURY NT 2.500% 1/31/24   2023-03-22 2024-01-31
15. APTIV PLC   2023-03-22 2024-01-31
120. APTIV PLC   2021-08-11 2024-01-31
2300. ISHARES CORE MSCI EMERGING MKTS ETF   2016-02-12 2024-02-08
1. BANK OF AMERICA CORP   1911-11-11 2024-02-21
776.915 ARTISAN HIGH INCOME FUND   2021-07-08 2024-03-18
100. CONOCOPHILLIPS COM   2022-05-03 2024-03-18
5. COSTCO WHSL CORP NEW   2021-04-07 2024-03-18
50. ISHARES CORE MSCI EAFE ETF   2022-08-02 2024-03-18
50. MARATHON PETROLEUM CORP   2021-03-23 2024-03-18
50000. U S TREASURY NT 2.125% 3/31/24   2023-05-04 2024-03-31
50. ISHARES CORE MSCI EAFE ETF   2022-08-02 2024-04-01
500. ISHARES CORE U.S. AGGREGATE BOND ETF   2024-04-01 2024-05-10
1579. ISHARES CORE U.S. AGGREGATE BOND ETF   2019-05-24 2024-05-10
50000. U S TREASURY NT 2.000% 5/31/24   2023-06-14 2024-05-31
11600.84 BAIRD AGGREGATE BOND FD INSTL   2014-05-29 2024-06-24
32463.978 BAIRD AGGREGATE BOND FD INSTL   2020-01-02 2024-06-24
2921. ISHARES CORE U.S. AGGREGATE BOND ETF   2019-05-24 2024-06-24
602. INVESCO S P 500 EQUAL WEIGHT ETF   2024-05-10 2024-09-10
85. SALESFORCE COM INC   2020-05-04 2024-09-10
14312.977 NUVEEN INFLATION LINKED BOND FUND I   2024-05-13 2024-09-10
100. COSTCO WHSL CORP NEW   2015-09-09 2024-09-13
8588.58 INVESCO BALANCED RISK COMMODITY   2023-03-16 2024-11-25
50000. U S TREASURY NT 4.375% 11/30/24   2023-08-09 2024-11-30
50000. CANADIAN PAC RY CO 1.350% 12/02/24   2024-05-31 2024-12-02
1. STERICYCLE INC COMMON STOCK   1911-11-11 2024-12-06
59. BANK OF AMERICA CORP   2013-01-23 2024-12-10
3. BLACKROCK INC COM   2020-05-04 2024-12-10
100. ECOLAB INC   2020-02-27 2024-12-10
17. PALO ALTO NETWORKS INC   2023-11-15 2024-12-10
700. VERIZON COMMUNICATIONS   2021-08-11 2024-12-10
115. LYONDELLBASELL INDUSTRIES N V SHS A   2023-11-15 2024-12-10
50000. STATE STREET CORP 3.300% 12/16/24   2022-03-03 2024-12-16
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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(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 3,326   2,474 852
b 30,940   28,245 2,695
c 10,484   10,002 482
d 3,464   3,078 386
e 3,856   1,346 2,510
17,437   15,999 1,438
1,295   1,187 108
6,868   4,775 2,093
24,333   17,417 6,916
2,381   2,408 -27
12,613   11,428 1,185
3,947   2,575 1,372
97,885   56,343 41,542
50,000   50,000  
1,269   1,644 -375
10,148   15,194 -5,046
114,023   107,244 6,779
34     34
7,000   8,002 -1,002
12,015   9,894 2,121
3,660   1,796 1,864
3,663   3,078 585
9,667   2,623 7,044
50,000   50,000  
3,688   3,074 614
48,088   48,472 -384
151,861   176,785 -24,924
50,000   50,000  
113,224   126,473 -13,249
316,848   375,064 -58,216
285,554   304,630 -19,076
103,280   99,947 3,333
20,762   18,327 2,435
153,578   150,000 3,578
91,788   15,330 76,458
59,261   56,380 2,881
50,000   50,000  
50,000   50,000  
124     124
2,708   670 2,038
3,189   1,448 1,741
24,743   18,766 5,977
6,677   4,369 2,308
29,635   30,218 -583
8,875   11,206 -2,331
50,000   51,599 -1,599
      57
      57
      57
      57
      57
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      57
      57
      57
      57
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      57
      57
      57
      57
      57
      57
      57
      57
      57
      57
      57
      57
      57
      57
      57
      57
      57
      57
      57
      57
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      57
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      57
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      57
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       852
b       2,695
c       482
d       386
e       2,510
      1,438
      108
      2,093
      6,916
      -27
      1,185
      1,372
      41,542
       
      -375
      -5,046
      6,779
      34
      -1,002
      2,121
      1,864
      585
      7,044
       
      614
      -384
      -24,924
       
      -13,249
      -58,216
      -19,076
      3,333
      2,435
      3,578
      76,458
      2,881
       
       
      124
      2,038
      1,741
      5,977
      2,308
      -583
      -2,331
      -1,599
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 54,738
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 2,845
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 2,845
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 2,845
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 1,948
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 897
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,845
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......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  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 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$   (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 arrowDE
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.thegallagherfoundation.org/
14
The books are in care ofright arrowUS BANK Telephone no.right arrow (406) 523-2378

Located atright arrow555 SW OAKPORTLANDOR ZIP+4right arrow97204
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)
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)
 
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
CAROLYN MAIER EXECUTIVE DIRECTOR
1 		96,000    
PO BOX 3387
MISSOULA,MT89806
RICK HART CHAIRMAN
1 		0    
PO BOX 4787
MISSOULA,MT59806
LARRY GIANCHETTA VICE CHAIRMAN
1 		0    
PO BOX 4787
MISSOULA,MT59806
RICK BASKETT SECRETARY/TREASURER
1 		0    
PO BOX 4787
MISSOULA,MT59806
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 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  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
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
6,004,111
b
Average of monthly cash balances.......................
1b
109,469
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
6,113,580
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
6,113,580
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
91,704
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,021,876
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
301,094
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
301,094
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
2,845
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,845
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
298,249
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
298,249
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
298,249
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
484,540
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
484,540
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 7 298,249
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...... 82,610
b From 2020...... 120,986
c From 2021...... 78,230
d From 2022...... 72,762
e From 2023...... 186,239
f Total of lines 3a through e ........ 540,827
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 484,540
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..... 298,249
e Remaining amount distributed out of corpus 186,291
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 5 727,118
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) ... 		82,610
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		644,508
10 Analysis of line 9:
a Excess from 2020.... 120,986
b Excess from 2021.... 78,230
c Excess from 2022.... 72,762
d Excess from 2023.... 186,239
e Excess from 2024.... 186,291
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:
CAROLYN MAIER
PO BOX 3387
MISSOULA,MT59806
(406) 240-6353
bThe form in which applications should be submitted and information and materials they should include:
CONTACT ABOVE
cAny submission deadlines:
CONTACT ABOVE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
CHARITIES IN THE STATE OF MONTANA
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

MONTANA FOOD BANK

5625 EXPRESSWAY
MISSOULA,MT59808 		NONE PC GENERAL OPERATING 25,000

MISSOULA CHILDREN'S THEATRE

200 NORTH ADAMS
MISSOULA,MT59802 		NONE PC GENERAL OPERATING 10,000

MONTANA NATURAL HIST CENT

120 HICKORY STREET
MISSOULA,MT59801 		NONE PC GENERAL OPERATING 2,500

YWCA OF MISSOULA MT

1130 W BROADWAY
MISSOULA,MT59802 		NONE PC GENERAL OPERATING 55,000

ROCKY MOUNTAIN BALLET THEATRE

2704 BROOKS ST STE 2
MISSOULA,MT59801 		NONE PC GENERAL OPERATING 5,000

MISSOULA AGING SERVICES

337 STEPHENS AVE
MISSOULA,MT59801 		NONE PC GENERAL OPERATING 7,500

GARDEN CITY HARVEST

PO BOX 205
MISSOULA,MT59806 		NONE PC GENERAL OPERATING 5,000

PROMISE 686

PO BOX 5689
KALISPELL,MT59903 		NONE PC GENERAL OPERATING 5,000

U OF M SPECTRUM UM DISCOVERY AREA

455 E MAIN ST
MISSOULA,MT59802 		NONE PC GENERAL OPERATING 5,000

FRIENDS OF THE CHILDREN

400 W BROADWAY
MISSOULA,MT59802 		NONE PC GENERAL OPERATING 5,000

BIG SKY FILM INSTITUTE

216 WEST MAIN
MISSOULA,MT59802 		NONE PC GENERAL OPERATING 4,000

WRITING COACHES OF MONTANA

PO BOX 7592
MISSOULA,MT59807 		NONE PC GENERAL OPERATING 6,000

RAMPS

1801 S HIGGINS
MISSOULA,MT59801 		NONE PC GENERAL OPERATING 5,000

TAMARACK GRIEF RESOURCE CENTER

405 S 1ST ST W
MISSOULA,MT59801 		NONE PC GENERAL OPERATING 5,000

MISSOULA BUTTERFLY HOUSE

1075 SOUTH AVE W SUITE 2
MISSOULA,MT59801 		NONE PC GENERAL OPERATING 7,500

GRANITE COUNTY MED FOUNDATION

PO BOX 401
PHILLIPSBURG,MT59859 		NONE PC GENERAL OPERATING 5,000

SUMMIT FOR PARKINSON'S

PO BOX 2235
MISSOULA,MT59806 		NONE PC GENERAL OPERATING 5,000

CHILD BRIDGE

PO BOX 310
BIGFORK,MT59911 		NONE PC GENERAL OPERATING 10,000

SEELEY LAKE COMMUNITY FOUNDATION

PO BOX 25
SEELEY LAKE,MT59868 		NONE PC GENERAL OPERATING 5,000

OPERATION WARM

PO BOX 822431
PHILADELPHIA,PA19182 		NONE PC GENERAL OPERATING 4,000

MISSOULA INTERFAITH COLLABORATIVE

2205 34TH ST
MISSOULA,MT59801 		NONE PC GENERAL OPERATING 6,000

ANGEL FLIGHT

3161 DONALD DOUGLAS LOOP S
SANTA MONICA,CA90405 		NONE PC GENERAL OPERATING 7,500

FLORENCE CRITTENTON FAMILY SERVICES

3403 COONEY DR
HELENA,MT59602 		NONE PC GENERAL OPERATING 7,500

MISSOULA SYMPHONY ASSOCIATION

PO BOX 8301
MISSOULA,MT59801 		NONE PC GENERAL OPERATING 5,000

HUMANE SOCIETY OF WESTERN MONTANA

5930 US HIGHWAY 93 S
MISSOULA,MT598049291 		NONE PC GENERAL OPERATING 1,000

NATIONAL MUSEUM FOREST SERVICE HSTRY

PO BOX 2772
MISSOULA,MT59806 		NONE PC GENERAL OPERATING 20,000

MONTANA INTERNATIONAL CHORAL FEST

PO BOX 8203
MISSOULA,MT59807 		NONE PC GENERAL OPERATING 5,000

BIG BROTHERS BIG SISTERS

137 MAIN ST
KALISPELL,MT59901 		NONE PC GENERAL OPERATING 5,000

CASA OF MISSOULA

PO BOX 7433
MISSOULA,MT59807 		NONE PC GENERAL OPERATING 6,000

RIALTO COMMUNITY THEATRE INC

PO BOX 874
DEER LODGE,MT59722 		NONE PC GENERAL OPERATING 10,000

MISSOULA WRITING COLLABORATIVE

PO BOX 9737
MISSOULA,MT59807 		NONE PC GENERAL OPERATING 3,000

MOUNTAIN HOME MONTANA

2606 SOUTH AVE W
MISSOULA,MT598046406 		NONE PC GENERAL OPERATING 35,000

PARTNERSHIP FOR CHILDREN

550 N CALIFORNIA STREET
MISSOULA,MT59802 		NONE PC GENERAL OPERATING 15,000

PARTNERS HOPE FOUNDATION

PO BOX 1262
MISSOULA,MT59806 		NONE PC GENERAL OPERATING 20,000

SUMMIT CAREER CENTER

100 FORT OWEN RANCH ROAD
STEVENSVILLE,MT59807 		NONE PC GENERAL OPERATING 7,500

MISSOULA FAIRGROUNDS

1101 S AVE W
MISSOULA,MT59801 		NONE PC GENERAL OPERATING 20,000

THE PRODUCER PARTNERSHIP

356 FRONTAGE RD E
LIVINGSTON,MT590479101 		NONE PC GENERAL OPERATING 5,000

INSTRUMENT SHOP

2412 RIVER RD SUITE F
MISSOULA,MT59804 		NONE PC GENERAL OPERATING 2,500

BROVOLD COMMUNITY ORCHARD

8250 LAZY H TRAIL
MISSOULA,MT59808 		NONE PC GENERAL OPERATING 2,500

HOME RESOURCE

1515 WYOMING ST
MISSOULA,MT59801 		NONE PC GENERAL OPERATING 5,000

BOYS & GIRLS CLUB OF MISSOULA COUNTY

1515 FAIRVIEW AVE SUITE 243
MISSOULA,MT59801 		NONE PC GENERAL OPERATING 7,500
Total .................................right arrow 3a 377,500
bApproved for future payment
Total ................................. right arrow 3b  
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 ........... 		         
4 Dividends and interest from securities ....     14 175,457  
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 54,738  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    1 101  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   230,296  
13Total. Add line 12, columns (b), (d), and (e)..................
13
230,296
(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

TY 2024 AccountingFeesSchedule
Name:
THE BILL & ROSEMARY GALLAGHER FOUNDATION
EIN:
91-2138399
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,850     1,850

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE BILL & ROSEMARY GALLAGHER FOUNDATION
EIN:
91-2138399
Name of Bond End of Year Book Value End of Year Fair Market Value
354613AK7 FRANKLIN RESOURCES 26,808 24,875
857477AN3 STATE STREET CORP    
166764BD1 CHEVRON CORP 51,951 49,541
91282CFU0 U S TREASURY NT 50,365 49,803
91282CFW6 U S TREASURY NT 50,367 50,093
30303M8G0 META PLATFORMS INC 47,593 48,879
458140CD0 INTEL CORP 49,847 50,012
57636QAG9 MASTERCARD INC 47,579 48,625
665859AT1 NORTHERN TRUST CORP 47,023 48,281
74460DAD1 PUBLIC STORAGE 45,203 47,182
9128284F4 U S TREASURY NT 48,355 49,803
9128285Z9 U S TREASURY NT    
912828W71 U S TREASURY NT    
912828XT2 U S TREASURY NT    
91282CFX4 U S TREASURY NT    
05724BAA7 BAKER HUGHES LLC L P 49,594 48,982
14913UAN0 CATERPILLAR MTN 49,976 50,015
63743HFP2 NATIONAL RURAL MTN 50,414 50,263
91282CLY5 U S TREASURY NT 50,064 49,990

TY 2024 InvestmentsCorpStockSchedule
Name:
THE BILL & ROSEMARY GALLAGHER FOUNDATION
EIN:
91-2138399
Name of Stock End of Year Book Value End of Year Fair Market Value
15135B101 CENTENE CORP COM 31,664 27,261
46625H100 J P MORGAN CHASE CO 13,501 77,906
060505104 BANK OF AMERICA CORP 5,573 21,579
438516106 HONEYWELL INTL INC 31,512 48,566
57636Q104 MASTERCARD INC 2,739 63,188
87612E106 TARGET CORP COM 10,845 13,518
03027X100 AMERICAN TOWER CORP 23,648 27,512
594918104 MICROSOFT CORP 18,285 204,428
375558103 GILEAD SCIENCES INC 23,894 32,330
02079K305 ALPHABET INC CL A 13,944 113,580
031162100 AMGEN INC 23,271 32,580
882508104 TEXAS INSTRUMENTS IN 12,380 21,564
037833100 APPLE INC 1,207 229,134
30303M102 FACEBOOK INC A 32,189 73,189
56585A102 MARATHON PETROLEUM C 17,641 55,800
012653101 ALBEMARLE CORP 12,348 12,912
278865100 ECOLAB INC    
17275R102 CISCO SYSTEMS INC 17,241 35,520
855244109 STARBUCKS CORP COM 19,191 27,375
023135106 AMAZON.COM INC 34,026 153,573
931142103 WAL MART STORES INC 21,152 74,539
437076102 HOME DEPOT INC 47,932 68,073
79466L302 SALESFORCE COM INC 13,880 30,090
09247X101 BLACKROCK INC    
G5960L103 MEDTRONIC PLC 32,773 33,550
H1467J104 CHUBB LIMITED COM 8,843 31,775
91324P102 UNITEDHEALTH GROUP I 27,980 58,174
22160K105 COSTCO WHSL CORP    
808513105 SCHWAB CHARLES CORP 8,033 22,203
149123101 CATERPILLAR INC 27,727 45,345
92343V104 VERIZON COMMUNICATIO    
893641100 TRANSDIGM GROUP INC 12,347 25,346
461202103 INTUIT INC 29,515 47,138
67066G104 NVIDIA CORP 29,817 167,863
217204106 COPART INC COM 33,964 57,390
G6095L109 APTIV PLC    
009066101 AIRBNB INC CL A 24,440 22,997
00287Y109 ABBVIE INC 34,816 39,983
617446448 MORGAN STANLEY COM N 22,329 31,430
20825C104 CONOCOPHILLIPS    
084670702 BERKSHIRE HATHAWAY I 17,864 22,664
235851102 DANAHER CORP 68,612 68,176
64110L106 NETFLIX.COM INC 23,029 44,566
65339F101 NEXTERA ENERGY INC 57,789 59,144
697435105 PALO ALTO NETWORKS I 12,335 17,468
74340W103 PROLOGIS INC COM 20,579 18,498
78409V104 S P GLOBAL INC COM 17,038 24,902
81762P102 SERVICENOW INC 16,369 26,503
G29183103 EATON CORP PLC SHS 28,985 41,484
N53745100 LYONDELLBASELL INDUS    
09290D101 BLACKROCK INC COM 19,250 48,180
166764100 CHEVRON CORP COM 15,553 14,484
482480100 KLA CORPORATION 24,503 23,945
58733R102 MERCADOLIBRE INC 24,161 22,106

TY 2024 InvestmentsOtherSchedule2
Name:
THE BILL & ROSEMARY GALLAGHER FOUNDATION
EIN:
91-2138399
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
464288885 ISHARES MSCI EAFE GR AT COST 66,740 77,464
464287226 ISHARES CORE U.S. AG AT COST 92,226 87,985
464287804 ISHARES CORE S P SMA AT COST 158,919 195,874
46432F842 ISHARES CORE MSCI EA AT COST 203,930 253,008
464287200 ISHARES CORE S P 500      
057071854 BAIRD AGGREGATE BOND      
74440B884 PGIM TOTAL RETURN BO AT COST 550,791 508,647
464288877 ISHARES MSCI EAFE VA AT COST 71,757 78,705
78467Y107 SPDR S P MIDCAP 400 AT COST 258,040 455,664
46434G103 ISHARES CORE MSCI EM      
04314H568 ARTISAN HIGH INCOME AT COST 202,919 182,465
03463K406 ANGEL OAK MULTI STRA AT COST 200,742 184,172
808524847 SCHWAB US REIT ETF AT COST 108,392 109,512
00888Y508 INVESCO BALANCED RIS      
46435U853 ISHARES BROAD USD HI AT COST 89,490 93,815
46434G764 ISHARES MSCI EMERGIN AT COST 116,623 116,445
52470V822 WESTERN ASSET INCOME AT COST 50,000 49,412
921937835 VANGUARD TOTAL BOND AT COST 571,237 559,460

TY 2024 OtherAssetsSchedule
Name:
THE BILL & ROSEMARY GALLAGHER FOUNDATION
EIN:
91-2138399
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
000000000 MISCELLANEOUS ENTRY 4,982 6,253 6,253


TY 2024 OtherDecreasesSchedule
Name:
THE BILL & ROSEMARY GALLAGHER FOUNDATION
EIN:
91-2138399
Description Amount
CY PURCHASE OF ACCRUED INTEREST 407
ROC ON CY SALES 21
PY RETURN OF CAPITAL ADJUSTMENT 4
CREDIT CARD TIMING ADJUSTMENT 179


TY 2024 OtherExpensesSchedule
Name:
THE BILL & ROSEMARY GALLAGHER FOUNDATION
EIN:
91-2138399
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE COVERAGE 1,869 0   1,869
OFFICE EQUIPMENT 1,366 0   1,366
OFFICE SUPPLIES 589 0   589
SOFTWARE EXPENSES 1,106 0   1,106
PO BOX, SHIPPING, COPIES 792 0   792
CT CORPORATION - ANNUAL FEE 561 0   561
MEETING EXPENSES 306 0   306


TY 2024 OtherIncomeSchedule2
Name:
THE BILL & ROSEMARY GALLAGHER FOUNDATION
EIN:
91-2138399
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 101 101  


TY 2024 OtherIncreasesSchedule
Name:
THE BILL & ROSEMARY GALLAGHER FOUNDATION
EIN:
91-2138399
Description Amount
PY PURCHASE OF ACCRUED INTEREST 719
ROUNDING 12


TY 2024 OtherProfessionalFeesSchedule
Name:
THE BILL & ROSEMARY GALLAGHER FOUNDATION
EIN:
91-2138399
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE 26,013 23,412   2,601


TY 2024 TaxesSchedule
Name:
THE BILL & ROSEMARY GALLAGHER FOUNDATION
EIN:
91-2138399
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 810 810   0
FOREIGN TAXES ON NONQUALIFIED 326 326   0