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
DEAN J KING FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3210 260TH
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOGAN, IA51546
A Employer identification number

42-1480536
B Telephone number (see instructions)

(712) 644-2333
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$33,811,212J 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 252,451 252,451 252,451
4 Dividends and interest from securities... 476,768 476,768 476,768
5a Gross rents............ 220,836 220,836 220,836
b Net rental income or (loss) 186,964
6a Net gain or (loss) from sale of assets not on line 10 1,422,627
b Gross sales price for all assets on line 6a 5,165,285
7 Capital gain net income (from Part IV, line 2)... 1,422,627
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 2,372,682 2,372,682 950,055
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).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
33,872 33,872    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 33,872 33,872   0
25 Contributions, gifts, grants paid....... 1,614,211 1,614,211
26 Total expenses and disbursements. Add lines 24 and 25 1,648,083 33,872   1,614,211
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 724,599
b Net investment income (if negative, enter -0-) 2,338,810
c Adjusted net income (if negative, enter -0-)... 950,055
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.............      
2 Savings and temporary cash investments......... 533,252 883,040 883,040
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) 335,137 374,493 374,493
b Investments—corporate stock (attach schedule)....... 14,685,637 14,421,268 14,421,268
c Investments—corporate bonds (attach schedule)....... 6,121,332 6,832,411 6,832,411
11 Investments—land, buildings, and equipment: basis right arrow11,300,000
Less: accumulated depreciation (attach schedule) right arrow   11,300,000 Click to see attachment
List of Attached Documents:
// Content
11,300,000 		11,300,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 32,975,358 33,811,212 33,811,212
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 32,975,358 33,811,212
29 Total net assets or fund balances (see instructions)..... 32,975,358 33,811,212
30 Total liabilities and net assets/fund balances (see instructions). 32,975,358 33,811,212
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
32,975,358
2
Enter amount from Part I, line 27a .....................
2
724,599
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
111,255
4
Add lines 1, 2, and 3 ..........................
4
33,811,212
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
33,811,212
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 SECURITY NATIONAL P 2020-07-01 2024-07-01
b BAIRD, SIOUX CITY P 2020-07-01 2024-07-01
c BAIRD, OMAHA P 2020-07-01 2024-07-01
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 792,183   599,028 193,155
b 1,483,539   1,095,940 387,599
c 2,889,563   2,047,690 841,873
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       193,155
b       387,599
c       841,873
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 1,422,627
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 32,509
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  
3 Add lines 1 and 2........................... 3 32,509
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 32,509
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 21,306
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 21,306
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 294
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 11,497
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  
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 arrow
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 arrowN/A
14
The books are in care ofright arrowJEAN KOENIG Telephone no.right arrow (712) 644-2333

Located atright arrow3210 260THLOGANIA ZIP+4right arrow51546
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
 
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
KAROL KING Director
0.00 		0    
1568 170TH TRAIL
MONDAMIN,IA515574040
NANCY WHITE Vice President
0.00 		0    
1425 E 15TH
CRETE,NE68333
JEAN KOENIG President
3.00 		0    
3210 260TH
LOGAN,IA51546
RICK POWELL Secretary
0.00 		0    
2557 194TH
LOGAN,IA51546
CODY CARRITT Director
0.00 		0    
2904 PRESTON PLACE
LOGAN,IA51546
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  
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  
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
21,385,139
b
Average of monthly cash balances.......................
1b
708,146
c
Fair market value of all other assets (see instructions)................
1c
11,300,000
d
Total (add lines 1a, b, and c).........................
1d
33,393,285
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
 
3
Subtract line 2 from line 1d.........................
3
33,393,285
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
500,899
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
32,892,386
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,644,619
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
1,644,619
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
32,509
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
32,509
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,612,110
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,612,110
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
1,612,110
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
1,614,211
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
1,614,211
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 1,612,110
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...... 5,705
c From 2021...... 67,776
d From 2022...... 49,548
e From 2023......  
f Total of lines 3a through e ........ 123,029
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,614,211
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)........ 		0
d Applied to 2024 distributable amount..... 1,612,110
e Remaining amount distributed out of corpus 2,101
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 5 125,130
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 ...... 		125,130
10 Analysis of line 9:
a Excess from 2020.... 5,705
b Excess from 2021.... 67,776
c Excess from 2022.... 49,548
d Excess from 2023....  
e Excess from 2024.... 2,101
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:
DEAN J KING FAMILY FOUNDATION
3210 260TH STREET
LOGAN,IA51546
(712) 644-2333
bThe form in which applications should be submitted and information and materials they should include:
ANY FORMAT WITH ALL INFORMATION NEEDED FOR INFORMED DECISIONS RE THE REQUEST
cAny submission deadlines:
NONE, HOWEVER THE DECISIONS MAY TAKE CONSIDERABLE TIME
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
EDUCATIONAL, CHARITABLE OR RELIGIOUS PURPOSES IN THE HARRISON COUNTY, IA AREA
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 SCHOOL OF BEAUTY


3320 LINE DRIVE
SIOUX CITY,IA51106 		NONE NONE SCHOLARSHIP 5,000
NORTHWEST IOWA COMMUNITY COLLEGE


603 W PARK ST
SHELDON,IA51201 		NONE NONE SCHOLARSHIP 5,000
IOWA STATE UNIVERSITY


515 MORRILL RD RM 0210
AMES,IA50011 		NONE NONE SCHOLARSHIPS 30,000
DOANE UNIVERSITY


1014 BOSWELL AVE
CRETE,NE68333 		NONE NONE SCHOLARSHIP 5,000
GRANDVIEW UNIVERSITY


1200 GRANDVIEW AVE
DES MOINES,IA50316 		NONE NONE SCHOLARSHIP 5,000
MORNINGSIDE UNIVERSITY


1501 MORNINGSIDE AVE
SIOUX CITY,IA51106 		NONE NONE SCHOLARSHIPS 18,230
DORDT UNIVERSITY


700 7TH ST NE
SIOUX CENTER,IA51250 		NONE NONE SCHOLARSHIP 5,000
UNIVERSITY OF SOUTH DAKOTA


414 E CLARK ST
VERMILLION,SD57069 		NONE NONE SCHOLARSHIPS 5,000
NORTHWEST MISSOURI STATE UNIVERSITY


800 UNIVERSITY DRIVE
MARYVILLE,MO64468 		NONE NONE SCHOLARSHIPS 10,000
NEBRASKA COLLEGE OF TECHNICALAGRICU


404 E 7TH ST
CURTIS,NE69025 		NONE NONE SCHOLARSHIP 5,000
ABC OF IOWA APPRENTICESHIP


3100 SE ENTERPRISE DR
GRIMES,IA50111 		NONE NONE SCHOLARSHIP 1,315
UNIVERSITY OF NEBRASKA AT OMAHA


6101 UNIVERSITY DRIVE NORTH
OMAHA,NE68182 		NONE NONE SCHOLARSHIPS 5,000
WAYNE STATE COLLEGE


1111 MAIN STREET
WAYNE,NE68787 		NONE NONE SCHOLARSHIPS 15,000
BUENA VISTA UNIVERSITY


610 WEST 4TH STREET
STORM LAKE,IA50588 		NONE NONE SCHOLARSHIPS 15,000
NORTHEAST COMMUNITY COLLEGE


801 E BENJAMIN AVE
NORFOLK,NE68701 		NONE NONE SCHOLARSHIP 5,000
CENTRAL COMMUNITY COLLEGE


4500 63RD ST
COLUMBUS,NE68601 		NONE NONE SCHOLARSHIP 5,000
IOWA WESTERN COMMUNITY COLLEGE


2700 COLLEGE RD
COUNCIL BLUFFS,IA51503 		NONE NONE SCHOLARSHIPS 15,000
UNIVERSITY OF IOWA


2700 UNIVERSITY CAPITAL CENTRE
IOWA CITY,IA52242 		NONE NONE SCHOLARSHIP 5,000
NEBRASKA METHODIST COLLEGE


720 N 87TH STREET
OMAHA,NE68114 		NONE NONE SCHOLARSHIP 10,000
UNIVERSITY OF NEBRASKA


PO BOX 880416
LINCOLN,NE68588 		NONE NONE SCHOLARSHIPS 20,000
MERCY COLLEGE OF HEALTH SCIENCES


928 6TH AVE
DES MOINES,IA50309 		NONE NONE SCHOLARSHIP; 10,000
DES MOINES AREA COMMUNITY COLLEGE


2006 SOUTH ANKENY BLVD
ANKENY,IA50023 		NONE NONE SCHOLARSHIP 15,000
MISSOURI VALLEY METHODIST CHURCH


308 E SUPERIOR ST
MISSOURI VALLEY,IA51555 		NONE NONE FOOD PANTRY 7,162
HARRISON COUNTY HUMANE SOCIETY


106 N 5TH AVE
LOGAN,IA51546 		NONE NONE ANIMAL TRANSPORT VAN 29,000
CITY OF MODALE


PO BOX 8
MODALE,IA51556 		NONE NONE 1. FIRE DEPT UPDATES2. HANDICAP ENTRANCES TO POST OFFICE AND LIBRARY3. LIBRARY AED 47,024
WOODBINE FIRE AND RESCUE


517 WALKER ST
WOODBINE,IA51579 		NONE NONE HIGH PRESSURE BREATHING AIR COMPRESSOR 80,785
LOGAN MAGNOLIA CSD


1200 NORTH 2ND AVE
LOGAN,IA51546 		NONE NONE 1. PANTHER STRENGTH2.DISC GOLF COURSE3. BIOLOGY EQUIPMENT4. LIBRARY EQUIPMENT5.GIRLS WRESTLING EQUIPMENT6.COMMONS FURNITURE7.INDUSTRIAL TECHNOLOGY UPGRADE8. BASEBALL AND SOFTBALL BLEACHERS9. SPRINKLER SYSTEM10. SOCIAL MEDIA UPDATES 172,837
CITY OF WOODBINE


313 WALKER ST
WOODBINE,IA51579 		NONE NONE FOLDING TABLES FOR LIBRARY 2,400
HCCB


2725 EASTON TRAIL
WOODBINE,IA51579 		NONE NONE EROSION PROJECT 6,775
BOYER VALLEY COMMUNITY SCHOOL DISTR


1102 IOWA AVENUE
DUNLAP,IA51529 		NONE NONE LIBRARY UPGRADE 13,101
CITY OF LOGAN


108 WEST 4TH STREET
LOGAN,IA51546 		NONE NONE 1. TRACK LOADER2. POOL HEATER 95,162
MONDAMIN FIRE AND RESCUE


206 MAPLE STREET
MONDAMIN,IA51557 		NONE NONE EMERGENCY SERVICES UTV 41,916
LOGAN YOUTH FOOTBALL


207 EAST 7TH STREET
LOGAN,IA51546 		NONE NONE WRESTLING MAT 36,854
CITY OF MISSOURI VALLEY


223 EAST ERIE ST
MISSOURI VALLEY,IA51555 		NONE NONE 1. LIBRARY SPRINKLER SYSTEM2.2024 RANGER3.COMPUTER UPGRADE FOR POLICE DEPT.4. SIDEWALK SIGNS 39,371
IMMANUEL LUTHERAN CHURCH


311 EAST 6TH ST
LOGAN,IA51546 		NONE NONE ELECTRONIC SIGN 22,212
KINGDOM KIDS FAMILY ORG


111 SOUTH 2ND AVE
LOGAN,IA51546 		NONE NONE INLATABLE AND TOYS 2,000
TEAMMATES LOGAN MAGNOLIA CHAPTER


1200 N 2ND AVE
LOGAN,IA51546 		NONE NONE UPDATE MEETING PLACE 4,000
MV COMMUNITY CHURCH OF CHRIST


2102 LIBERTY AVE
MISSOURI VALLEY,IA51555 		NONE NONE TABLES AND CHAIRS FOR THE LIBRARY 1,848
MISSOURI VALLEY CSD


602 NORTH 9TH STREET
MISSOURI VALLEY,IA51555 		NONE NONE 1. PERCUSSION EQUIPMENT2.LANDSCAPING3.HEAT PRESS4.THERMAL LAMINATOR5.TAG FURNITURE6.WELDING EQUIPMENT7.FREEZER UPGRADE8.WIRELESS MIC SYSTEM9.MUSICAL PLAYGROUND9.ROOM PLAQUES10.TEAMMATES FURNITURE 121,297
OPTIMIST CLUB OF WOODBINE


518 WALKER STREET
WOODBINE,IA51579 		NONE NONE WRESTLING SCOREBOARDS 2,875
CITY OF MONDAMIN


120 SOUTH MAIN STREET
MONDAMIN,IA51557 		NONE NONE 1.COMMUNITY CENTER UPDATE2.WALL DECOR3.RANGER/MOWER 45,781
CITY OF MAGNOLIA


612 PARK STREET
MAGNOLIA,IA51550 		NONE NONE FIRE DEPT EQUIPMENT 23,043
FRATERNAL ORDER OF EAGLES


118 SOUTH 5TH STREET
MISSOURI VALLEY,IA51555 		NONE NONE FIRST AID EQUIPMENT 1,500
BOYER VALLEY YOUTH SPORTS


1925 APPLE ROAD
DUNLAP,IA51529 		NONE NONE SAFETY NETS FOR BASEBALL AND SOFTBALL FIELDS 40,400
DUNLAP LIBRARY FRIENDS


102 SOUTH 10TH STREET
DUNLAP,IA51529 		NONE NONE SHELVING, BOOKS AND CHAIRS 10,000
WOODBINE SADDLE CLUB


PO BOX 114
WOODBINE,IA51579 		NONE NONE WATER LINES AND HYDRANTS 5,785
WOODBINE COMMUNITY SCHOOL DISTRICT


501 WEARE STREET
WOODBINE,IA51579 		NONE NONE 1. BAND UPGRADES2. IPAD PRO 13 WITH ACCESSORIES 3,787
MV YOUTH BASEBALL


931 LONGVIEW DR
MISSOURI VALLEY,IA51555 		NONE NONE BATTING CAGES 16,810
NEBOWA CHRISTIAN CAMP


PO BOX 222
ONAWA,IA51040 		NONE NONE DINING HALL AND SOUND 77,298
CITY OF PISGAH


106 EAST MAIN STREET
PISGAH,IA51564 		NONE NONE BASKETBALL COURT UPGRADE 27,355
CITY OF LITTLE SIOUX


407 1ST STREET
LITTLE SIOUX,IA51545 		NONE NONE LEGION ROOF 13,000
HARRISON CO AGRICULTURAL EXTENS DIS


304 EAST 7TH STREET
LOGAN,IA51546 		NONE NONE GARDEN EQUIPMENT AND SUPPLIES 225
PISGAH FIRE DEPARTMENT


106 EAST MAIN STREET
PISGAH,IA51564 		NONE NONE BUNKER GEAR 9,040
PISGAH REACH OUT GROUP


2034 EASTON TRAIL
PISGAH,IA51564 		NONE NONE PICKLEBALL COURT 35,595
WEST HARRISON BOOSTER CLUB


410 PINE STREET
MONDAMIN,IA51557 		NONE NONE FOOTBALL STAND UPGRADE 11,447
CITY OF PERSIA


117 MAIN STREET
PERSIA,IA51563 		NONE NONE STADIUM FIELD UPGRADE 60,800
FRIENDS OF LOESS HILLS


1699 165TH TRAIL
MONDAMIN,IA51557 		NONE NONE 1. PRAIRIE RESTORATION PROJECT2. JD UTILITY TRACTOR AND MOWER 113,442
HARRISON COUNTY BOARD OF SUPERVISOR


111 SOUTH 1ST AVENUE
LOGAN,IA51546 		NONE NONE SHERIFF UTV 44,363
KANSAS CITY ART INSTITUTE


4415 WARWICK BLVE
KANSAS CITY,MO64111 		NONE NONE SCHOLARSHIP 5,000
CORNELL COLLEGE


600 W 1ST STREET
MOUNT VERNON,IA52314 		NONE NONE SCHOLARSHIP 5,000
TEAMMATES OF BOYER VALLEY


1102 IOWA AVENUE
DUNLAP,IA51529 		NONE NONE ACTIVITIES PURCHASES 1,000
HARRISON COUNTY AGRICULTURAL SOCIET


PO BOX 83
MISSOURI VALLEY,IA51555 		NONE NONE GRANDSTAND LIGHTING UPGRADE 10,370
HARRISON COUNTY LANDFILL


PO BOX 121
LOGAN,IA51546 		  NONE GPS FOR TRACK LOADER 24,000
LOGAN IOWA COMMUNITY FOUNDATION


323 EAST 7TH STREET
LOGAN,IA51546 		NONE NONE SCHOOL BANNERS 3,550
MISSOURI VALLEY YOUTH SOFTBALL


PO BOX 133
MISSOURI VALLEY,IA51555 		  NONE SHADE STRUCTURES 21,100
RAND COMMUNITY CENTER


100 SOUTH 4TH STREET
MISSOURI VALLEY,IA51555 		NONE NONE CEILING UPGRADES WITH FANS 43,556
WOODBINE COMMUNITY FOUNDATION


501 NORMAL STREET
WOODBINE,IA51579 		NONE NONE LITTLE LEAGUE BASEBALL BATTING CAGE UPDATE 19,800
Total .................................right arrow 3a 1,614,211
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 ........... 		        252,451
4 Dividends and interest from securities ....         476,768
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....         186,964
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		        1,422,627
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) ..     2,338,810
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,338,810
(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: 24020490
Software Version: 2024v5.2


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 InvestmentsLandSchedule2
Name:
DEAN J KING FAMILY FOUNDATION
EIN:
42-1480536
Software ID:
24020490
Software Version:
2024v5.2
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Land 11,300,000   11,300,000 11,300,000

TY 2024 OtherExpensesSchedule
Name:
DEAN J KING FAMILY FOUNDATION
EIN:
42-1480536
Software ID:
24020490
Software Version:
2024v5.2
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Rental Expenses 33,872 33,872    


TY 2024 OtherIncreasesSchedule
Name:
DEAN J KING FAMILY FOUNDATION
EIN:
42-1480536
Software ID:
24020490
Software Version:
2024v5.2
Description Amount
INVESTMENT ADJUSTMENT 111,255