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
MOLALLA COMMUNICATIONS EDUCATIONAL FOUNDATION INC
 
% Marci Marsh
Number and street (or P.O. box number if mail is not delivered to street address)211 ROBBINS ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MOLALLA, OR970388142
A Employer identification number

45-3983646
B Telephone number (see instructions)

(503) 829-1122
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$6,153,408J 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) 500,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 24,525 24,525  
4 Dividends and interest from securities... 398,356 398,356 0
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 0
b Gross sales price for all assets on line 6a 0
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications........... 0
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0 0
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
22,753 22,753 0
12 Total. Add lines 1 through 11........ 945,634 445,634 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 0 0 0 0
15 Pension plans, employee benefits....... 0 0 0 0
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... 0 0 0 0
c Other professional fees (attach schedule).... 0 0 0 0
17 Interest............... 0 0 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
4,799 0 0 4,799
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy.............. 0 0 0 0
21 Travel, conferences, and meetings....... 0 0 0 0
22 Printing and publications.......... 0 0 0 0
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
981 0 0 981
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,780 0 0 5,780
25 Contributions, gifts, grants paid....... 296,718 296,718
26 Total expenses and disbursements. Add lines 24 and 25 302,498 0 0 302,498
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 643,136
b Net investment income (if negative, enter -0-) 445,634
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............. 140,086 848,146 848,146
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow   150,000    
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0  
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow   0 0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)   0  
b Investments—corporate stock (attach schedule)....... 5,034,722 Click to see attachment
List of Attached Documents:
// Content
5,119,798 		5,305,262
c Investments—corporate bonds (attach schedule).......   0  
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow     0  
15 Other assets (describe right arrow) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,324,808 5,967,944 6,153,408
Liabilities 17 Accounts payable and accrued expenses.......... 0 0
18 Grants payable................. 0 0
19 Deferred revenue................. 0 0
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 0 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 5,324,808 5,967,944
29 Total net assets or fund balances (see instructions)..... 5,324,808 5,967,944
30 Total liabilities and net assets/fund balances (see instructions). 5,324,808 5,967,944
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
5,324,808
2
Enter amount from Part I, line 27a .....................
2
643,136
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
5,967,944
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
5,967,944
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 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 6,194
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 6,194
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 6,194
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 6,194
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right 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 arrowTerry Simms Telephone no.right arrow (503) 829-1100

Located atright arrow211 ROBBINS STMOLALLAOR ZIP+4right arrow970388142
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    
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Ed StaffordClick to see attachment
List of Attached Documents:
// Content
Director
1.00 		0 0 0
211 Robbins St
Molalla,OR97038
Marci MarshClick to see attachment
List of Attached Documents:
// Content
President
1.00 		0 0 0
211 Robbins St
Molalla,OR97038
Kae WiseClick to see attachment
List of Attached Documents:
// Content
Vice President
1.00 		0 0 0
211 Robbins St
Molalla,OR97038
Ron JonesClick to see attachment
List of Attached Documents:
// Content
Director
1.00 		0 0 0
211 Robbins St
Molalla,OR97038
Rick DishnerClick to see attachment
List of Attached Documents:
// Content
Director
1.00 		0 0 0
211 Robbins St
Molalla,OR97038
Steve LoutzenhiserClick to see attachment
List of Attached Documents:
// Content
Director
1.00 		0 0 0
211 Robbins St
Molalla,OR97038
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 Molalla River School District - Various high school sponsorship events 45,718
2 City of Molalla - Public parks project 28,311
3 Molalla Adult Community Center - Charitable funding 25,000
4 Molalla Area Historical Society - Education 11,200
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 N A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
5,281,548
b
Average of monthly cash balances.......................
1b
315,721
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
5,597,269
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) Click to see attachment
List of Attached Documents:
// Content
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
5,597,269
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
83,959
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,513,310
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
275,666
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
275,666
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
6,194
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
0
c
Add lines 2a and 2b............................
2c
6,194
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
269,472
4
Recoveries of amounts treated as qualifying distributions................
4
22,754
5
Add lines 3 and 4............................
5
292,226
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
292,226
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
302,498
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) Click to see attachment
List of Attached Documents:
// Content
.................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
302,498
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 7 292,226
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  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022...... 22,368
e From 2023...... 109,428
f Total of lines 3a through e ........ 131,796
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 302,498
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 292,225
e Remaining amount distributed out of corpus 10,273
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 5 142,069
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...... 		 
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 .......... 		1
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 ...... 		142,069
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 22,368
d Excess from 2023.... 109,428
e Excess from 2024.... 10,273
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).)
NONE
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.
NONE
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:
MCEF SCHOLARSHIP FUND BOARD
211 Robbins St
Molalla,OR97038
(503) 829-1100
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION PAGE FOR 2024 MCEF SCHOLARSHIP
cAny submission deadlines:
12-31-2024
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
MUST BE GRADUATE OF A REGIONAL SCHOOL INCLUDING BUT NOT LIMITED TO MOLALLA HS COLTON HS AND SILVERTON HS.
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

City of Molalla

PO Box 248
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 28,311

Molalla River School District

412 S Sweigle Ave
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 44,718

Foundation for Rural Services

4121 Wilson Blvd Suite 1000
Arlington,VA22203 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 5,600

Colton School District

30429 S Grays Hill Rd
Colton,OR97017 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 5,039

Molalla Volunteer Firefighters Inc

PO Box 655
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000

Orange and Black Boosters

13577 S Molalla Forest Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,300

Molalla Area Historical Society

PO Box 828
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 11,200

Molalla Youth Sports

PO Box 823
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000

Country Christian School

16975 S Hwy 211
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,300

American Cancer Society

4380 S Macadam Ave Suite 375
Portland,OR97239 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500

Angels in the Outfield

PO Box 2347
Oregon City,OR97045 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000

Butte Creek PTT

37569 OR 213
Mt Angel,OR97362 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 500

Jordan Hess Memorial Trust

209 Porter St
Silverton,OR97381 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 500

Milwaukie Softball Club

5720 SE Colony Cir
Milwaukie,OR97267 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 250

Molalla Aquatic District

PO Box 1308
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 900

Molalla Area Seniors

PO Box 1165
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 25,000

Molalla Elementary PTC

PO Box 831
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 500

Molalla Mat Club

PO Box 831
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000

Molalla Police Department

PO Box 248
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,600

Molalla River Academy

16897 S Callahan Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 3,000

Molalla River Watch

PO Box 867
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000

Northwest Youth Rodeo Association

PO Box 532
Yamhill,OR97148 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 500

Rural Dell PTC

10500 Highway 211
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 500

Todos Juntos

PO Box 645
Canby,OR97013 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Abigail Fuller


16712 S Stone Hill Dr
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Adonijah Farner


26148 S Highway 213
Mulino,OR97042 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Alexander Rogers


29200 S Marshall Rd
Mulino,OR97042 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Alice Person


505 Kennel Ave
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Alicia Salazar Wells


9735 S Marquam Cir
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Allison Rodgers


1325 Homestead Pl
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Alyson Johnson


35425 S Wilhoit Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Andrea Arias


800 Boston Ct
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Andrew Davidson


115 Glory Ln
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Anna Cramer


12512 S Thomas Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Annika Molina


12150 S Dart Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Antuan Peterson


1010 Meadow Dr
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Ariana Cortes Giron


924 Meadow Dr
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Ayden Pereira


31882 S Shady Dell Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Bella Dusenberry


1236 Meadowlawn Pl
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Benjamin Olsen


749 June Dr
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Braezen Henderson


37742 S Bird Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Braulio Tzuriel Ramirez


910 Bear Creek Dr
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Caden Landis


1034 Meadowlark Pl
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Carter B Nicholas


740 E 8th St
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Cinthia Aguiar Navarro


15019 S Vaughan Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Clay Sperl


13521 S Herman Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Codie Gump


1212 Mt View Ln
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Cohen Glivinski


10985 S Wildcat Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Cole Beyer


12506 S Wildcat Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Cynthia Zuriaga Cruz


33463 S Sawtell Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Dakota Burke


880 June Dr
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Dale F Nelzen


218 Finneys Ave
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Denver Grossnickle


801 Patrol St
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Elaina Call


15019 S Herman Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Elijah Wallbaum


1400 Homestead Pl
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Elizabeth Bailey


1063 Mt View Ln
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Ella Duckworth


31975 S Shady Dell Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Emily Dolores Cruz


765 Creamery Creek Ln
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Emily Oliver


33307 S Sawtell Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Emily Roth


1412 Meadow Dr
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Emily Rountree


33307 S Sawtell Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Enrique Martinez Vivar


205 W 4th St
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Ephriam Carr


500 Andrian Ct
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Evan Deardorff


32302 S Ona Way
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Evan Jasper Carrel


517 Ridings Ave 30
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Faolan Cullumbine-Robertson


28785 S Salo Rd
Mulino,OR97042 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Gabrielle Farnsworth


13229 S Dart Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Galilea Suarez-Orozco


722 Garden Ct
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Grace Rief


744 June Dr
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Hannah Combs


802 E 6th St
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Isaac Annear


33777 S Dickey Prairie Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Janie Corona Huerta


740 Andrian Dr
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Jarek White


31273 S Grimm Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Jessica Langendorfer


1200 Homestead Pl
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Jordyn Long


15582 S Howards Mill Rd
Mulino,OR97042 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Josh Matias-Christensen


940 Meadowlark Pl
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Joshua Livingston


916 Bronco Ave
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Kadenlee


14205 S Graves Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Kadyn Eves


17621 S Callahan Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Katherine Nunn


14231 S Macksburg Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Kayden Harris


400 Carol Ct
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Kilie Krebs


715 Oak St
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Leah Kateley


324 Eckerd Ave
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Lesly Maldonado


33328 S Sawtell Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Leyla Troutt


32604 S Krupicka Way
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Lisette Fregoso Navarro


320 Hood Ct
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Lorraine Soper


17525 S Hallbacka Ln
Mulino,OR97042 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Ludmilla Burkoff


13500 S Vick Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Lyra Preston


813 E 5th St
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Mercedes VanGorder


225 Shirley St
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Michael Kyllo


32958 S Wilhoit Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Millennia Dahl


17498 S Highway 211
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Nate Gonzales


321 Park Ave
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Noah Roth


1412 Meadow Dr
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Olivia Edge


911 Coho St
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Olivia Ehleringer


911 Coho St
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Olivia Lewis


758 Meadowlawn Pl
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Paige Ritz


240 N Hezzie Ln
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Patrick Raschio


27875 S Highway 213
Mulino,OR97042 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Payton Miller


1318 Meadowlark Pl
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Preslie Ritz


240 N Hezzie Ln
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Quincee Muffett


13107 S Thomas Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Raymond Magana


214 Hauser Ct
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Reagan Grant


872 W Main St O123
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Rebecca Molina


12150 S Dart Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Reid Sperl


13521 S Herman Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Rubie Burge


18377 S Munson Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Rubie Burge


18377 S Munson Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Ryan Gilkison


9916 S Wildcat Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Ryan Kyllo


32958 S Wilhoit Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Ryder Weed


613 Pacific Ct
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Rylee Madison


791 Mary Dr
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Ryley Talarico


819 Alyssa Ct
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Savannah Webber


14680 S Leabo Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,500
Sergio Mota


215 Probe St
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,500
Shane Scott


36653 S Blair Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Silas Carr


500 Andrian Ct
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Tanner Foss-Howard


110 Berkey Ave
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Theodore Nunn


14231 S Macksburg Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 2,000
Tillee Muffett


13107 S Thomas Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Zhair Maldonado Gonzalez


33328 S Sawtell Rd
Molalla,OR97038 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000

Oregon Telecom Scholarship Foundation

1149 Court St NE
Salem,OR97301 		No Relationship NC To Promote the advancement and diffusion of knowledge and understanding 1,000
Total .................................right arrow 3a 296,718
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     0   0 0
b     0   0 0
c     0   0 0
d     0   0 0
e     0   0 0
f     0   0 0
    0   0 0
gFees and contracts from government agencies          
2 Membership dues and assessments ....   0   0 0
3 Interest on savings and temporary cash
investments ........... 		  0 14 24,525 0
4 Dividends and interest from securities ....   0 14 398,356 0
5 Net rental income or (loss) from real estate:
aDebt-financed property......   0   0 0
bNot debt-financed property.....   0   0 0
6 Net rental income or (loss) from personal property   0   0 0
7 Other investment income .....   0   0 0
8 Gain or (loss) from sales of assets other than
inventory ............ 		  0   0 0
9 Net income or (loss) from special events:   0   0 0
10 Gross profit or (loss) from sales of inventory   0   0 0
11 Other revenue:
a   		  0   0 0
b     0   0 0
c     0   0 0
d     0   0 0
e     0   0 0
12 Subtotal. Add columns (b), (d), and (e) .. 0 422,881 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
422,881
(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
See Statements NA NA
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: 24020569
Software Version: V2.0


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

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

45-3983646
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


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

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
MOLALLA COMMUNICATIONS EDUCATIONAL FOUNDATION INC
  		Employer identification number
45-3983646
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
MOLALLA TELEPHONE COMPANY
 
211 Robbins St
 
Molalla, OR97038

$ 500,000


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
MOLALLA COMMUNICATIONS EDUCATIONAL FOUNDATION INC
  		Employer identification number

45-3983646
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
MOLALLA COMMUNICATIONS EDUCATIONAL FOUNDATION INC
  		Employer identification number

45-3983646
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 InvestmentsCorpStockSchedule
Name:
MOLALLA COMMUNICATIONS EDUCATIONAL FOUNDATION INC
EIN:
45-3983646
Software ID:
24020569
Software Version:
V2.0
Name of Stock End of Year Book Value End of Year Fair Market Value
Community West Bank CD 0 0
JP Morgan Chase CD 0 0
JP Morgan Chase CD 0 0
US Bank CD 0 0
US Bank CD 200,110 200,000
T Rowe Price INTL FD 158,355 150,715
PGIM High Yield CL 163,774 146,810
PIMCO Commodity Strat FD 152,498 107,590
PIMCO PAC Invt 178,527 152,524
PIMCO FDS PAC Invt 156,400 131,172
Europacific Growth FD 206,968 198,234
Wells Fargo Emerging Mkts 222,178 185,445
John Hancock Funds 265,141 318,432
Jensen Portfolio Inc. 244,501 261,228
Janus Funds Small Cap 293,427 300,721
Wash Mutual Investors Fund 695,391 873,074
American FDS Inc 319,759 353,223
American Funds Growth Fund 437,752 581,168
American Funds 651,619 558,565
Dodge STK FD 204,595 218,206
PIMCO Commodities Plus 102,605 85,193
Baron Small Cap Fund 202,995 213,513
T Rowe Price Mid-Cap 263,203 269,449

TY 2024 OtherExpensesSchedule
Name:
MOLALLA COMMUNICATIONS EDUCATIONAL FOUNDATION INC
EIN:
45-3983646
Software ID:
24020569
Software Version:
V2.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Directors & Officers Insurance 981 0 0 981


TY 2024 OtherIncomeSchedule2
Name:
MOLALLA COMMUNICATIONS EDUCATIONAL FOUNDATION INC
EIN:
45-3983646
Software ID:
24020569
Software Version:
V2.0
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Returned Grant Money 22,753 22,753 0


TY 2024 TaxesSchedule
Name:
MOLALLA COMMUNICATIONS EDUCATIONAL FOUNDATION INC
EIN:
45-3983646
Software ID:
24020569
Software Version:
V2.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Federal Excise Tax 3,967 0 0 3,967
State Tax 832 0 0 832