TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
Avis Foundation Inc

Number and street (or P.O. box number if mail is not delivered to street address)1909 S Main St
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Upland, IN46989

A Employer identification number

20-5063209

B Telephone number (see instructions)

(765) 998-8100

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$62,815,063J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	3,598,958
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	2,004,582		2,004,582
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		75,504
b	Gross sales price for all assets on line 6a 10,577,732
7	Capital gain net income (from Part IV, line 2)...			75,504
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).......	List of Attached Documents: // Content	87,729	84,778
12	Total. Add lines 1 through 11........	5,766,773		2,164,864
13	Compensation of officers, directors, trustees, etc.	82,615		0	82,615
14	Other employee salaries and wages......	40,187		0	40,187
15	Pension plans, employee benefits.......	448		0	448
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	765	0	765
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	224,396	222,434	1,962
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	56,364	5,899	2,795
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	692		0	692
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	36,001	26,981	9,020
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	441,468		255,314	138,484
25	Contributions, gifts, grants paid.......	2,700,667			2,700,667
26	Total expenses and disbursements. Add lines 24 and 25	3,142,135		255,314	2,839,151
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	2,624,638
b	Net investment income (if negative, enter -0-)			1,909,550
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2024)

Form 990-PF (2024)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	828,801	1,614,415	1,614,415
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	21,403,797	List of Attached Documents: // Content 21,185,694	31,425,700
	c	Investments—corporate bonds (attach schedule).......	14,005,505	List of Attached Documents: // Content 16,319,492	16,592,717
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	12,943,078	List of Attached Documents: // Content 12,686,218	13,167,881
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 14,350	List of Attached Documents: // Content 14,350	List of Attached Documents: // Content 14,350
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	49,195,531	51,820,169	62,815,063
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	49,195,531	51,820,169
	29	Total net assets or fund balances (see instructions).....	49,195,531	51,820,169
	30	Total liabilities and net assets/fund balances (see instructions).	49,195,531	51,820,169

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

49,195,531

Enter amount from Part I, line 27a .....................

2,624,638

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

51,820,169

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

51,820,169

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
1 a	Publicily traded securities	P
b	Capital Gains Dividends	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	10,464,941	10,502,228	-37,287
b	112,791		112,791
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			-37,287
b			112,791
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	75,504
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	26,543
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	26,543
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	26,543
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	36,820
b	Exempt foreign organizations—tax withheld at source......	6b	0
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	36,820
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	10,277
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax10,277	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

avisfoundationinc.org

The books are in care of right arrow

Loralee Songer Telephone no. right arrow

(765) 998-8100

Located at right arrow

1909 S Main StUplandIN ZIP+4 right arrow

46989

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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-)
Angela Darlington	President 1.00	3,000
1909 S Main Street Upland,IN46989	President 1.00	3,000
Marylou Habecker	Vice President 1.00	3,000
1909 S Main Street Upland,IN46989	Vice President 1.00	3,000
Norma Korporal	Secretary 1.00	1,500
1909 S Main Street Upland,IN46989	Secretary 1.00	1,500
Dr Susan Wilczynski	Director 1.00	3,000
1909 S Main Street Upland,IN46989	Director 1.00	3,000
Martha Songer	Executive Director 30.00	72,115
1909 S Main Street Upland,IN46989	Executive Director 30.00	72,115

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...................				0

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
UBS Financial Services	Investment Management	222,434
81415 Maddox Dr Suite 101 Lincoln,NE68520	Investment Management	222,434

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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

58,219,572

Average of monthly cash balances.......................

1,668,266

Fair market value of all other assets (see instructions)................

928,184

Total (add lines 1a, b, and c).........................

60,816,022

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

60,816,022

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

912,240

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

59,903,782

Minimum investment return. Enter 5% (0.05) of line 5................

2,995,189

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.)

Minimum investment return from Part IX, line 6..................

2,995,189

Tax on investment income for 2024 from Part V, line 5 .......

26,543

Income tax for 2024. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

26,543

Distributable amount before adjustments. Subtract line 2c from line 1............

2,968,646

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

2,968,646

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

2,968,646

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

2,839,151

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

2,839,151

Form 990-PF (2024)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2023	(c) 2023	(d) 2024
1 Distributable amount for 2024 from Part X, line 7					2,968,646
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2024:
a From 2019......
b From 2020......
c From 2021......
d From 2022......
e From 2023......	96,902
f Total of lines 3a through e ........		96,902
4Qualifying distributions for 2024 from Part
XI, line 4: $ 2,839,151
a Applied to 2023, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2024 distributable amount.....					2,839,151
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2024.		96,902			96,902
(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		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........					32,593
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2020....
b Excess from 2021....
c Excess from 2022....
d Excess from 2023....
e Excess from 2024....

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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:

Loralee Songer
1909 S Main Street
Upland,IN46989
(765) 998-8100

bThe form in which applications should be submitted and information and materials they should include:

All grant applicants are requested to submit a letter of inquiry (LOI) prior to March 1 in any calendar year. If the LOI is approved a full grant proposal must be submitted by July 31 of that same calendar year. Applicants will be notified in October and successful applicants will receive funds in December.

cAny submission deadlines:

See above.

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

The mission of Avis Foundation, Inc. is to make impactful gifts to organizations devoted to improving quality of life in communities through their commitment to the arts, education, entrepreneurship and autism.

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Ball State University 2000 W University Ave Muncie,IN47306	None	PC	Inclusive Excellence Scholarship	339,000
Conner Prairie 13400 Allisonville Rd Fishers,IN46038	None	PC	Sensory Room and Inclusive Signage in the Museum Experience Center	166,667
Eiteljorg Museum 500 W Washington St Indianapolis,IN46204	None	PC	Quest for the West fundraising event	200,000
Huntington University 2303 College Ave Huntington,IN46750	None	PC	Veterinary Medicine, Leadership Coaching, and Occupational Therapy Assistant Training	350,000
NearSpace Education 79 Railroad St Upland,IN46989	None	PC	Phase I of Dream Big Program (Satellite Construction and College Modular Curriculum Development)	210,000
Ouachita Baptist University 410 Ouachita St Arkadelphia,AR71998	None	PC	Graduate Program in Counseling	500,000
Taylor University 1846 Main St Upland,IN46989	None	PC	Film and Media Equipment for Student Learning	250,000
Agape Therapeutic 24970 Mt Pleasant Rd Cicero,IN56034	None	PC	Therapeutic Horse-Riding Facilities	300,000
Core Inc 839 Northcrest Shopping Center Fort Wayne,IN46805	None	PC	Welding Program for Individuals with Disabilities and At-Risk Students	80,000
Indianapolis Children's Museum 3000 N Meridian St Indianapolis,IN46208	None	PC	Visual and Performing Arts Atelier	305,000
Total ................................. 3a				2,700,667

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	2,004,582
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....			14	84,778
8 Gain or (loss) from sales of assets other than inventory ............			18	75,504
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aRefund of Penalties			14	2,951
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		2,167,815	0

13Total. Add line 12, columns (b), (d), and (e)..................

2,167,815

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

Name of the organization

Avis Foundation Inc

Employer identification number

20-5063209

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 Avis Foundation Inc

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	Leland E Boren Trust 2751 Centerville Road Suite 400 Wilmington, DE19808	$ 3,598,958	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (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 Avis Foundation Inc		Employer identification number 20-5063209

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 Avis Foundation Inc			Employer identification number 20-5063209
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

(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

(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

(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

(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:

- TIN:

TY 2024 AccountingFeesSchedule

Name:

Avis Foundation Inc

EIN:

20-5063209

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Accounting Fees	765	0		765

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

Avis Foundation Inc

EIN:

20-5063209

Name of Bond	End of Year Book Value	End of Year Fair Market Value
FEDERATED HERMES ULTRASHORT BOND FUND	158,685	162,091
MORGAN STANLEY NTS B/E 05.050%	182,166	182,637
DISCOVERY COMM INC NTS 03.950%	432,640	437,468
BK OF AMER CORP B/E 02.299% 07	200,222	198,549
JPMORGAN CHASE & CO NTS 03.625	190,722	194,308
CHARTER COMM OPT LLC/CAP 04.20	309,501	315,506
CITIGROUP INC B/E 02.976% 1105	312,380	337,427
ISHARES BROAD USD INVT GRADE CORPORATE BOND ETF	488,171	485,956
GENL MOTORS FINL CO INC 04.350	313,240	322,228
TRUIST FINANCIAL CORP 06.047%	480,763	487,958
PACIFIC GAS & ELEC NTS 03.150%	332,487	349,731
PAYPAL HOLDINGS INC NTS 02.850	301,486	307,154
GOLDMAN SACHS GROUP INC 06.561	352,761	344,061
CISCO SYSTEMS INC NTS 04.950%	356,646	355,147
AT&T INC B/E 02.750% 060131 DT	382,277	398,460
GOLDMAN SACHS GROUP INC 03.102	428,045	417,237
JPMORGAN CHASE & CO NTS 04.565	449,316	472,596
BHP BILLITON FIN LTD NTS 05.250%	440,391	444,942
WELLS FARGO & CO 04.540% 08152	432,552	437,124
EVERSOURCE ENERGY B/E 05.950%	354,055	338,154
PGIM SHORT-TERM CORP BOND	520,342	527,140
HCA INC NTS B/E 05.250% 061526	296,730	300,744
COMCAST CORP B/E 04.800% 05153	522,857	542,203
MORGAN STANLEY B/E 3.622% 0401	742,394	717,088
META PLATFORMS INC NTS 03.500%	190,998	195,526
COLUMBIA STRATEGIC INCOME FUND CLASS INSTITUTIONAL	662,338	665,466
SOUTHERN CALIF EDISON CO 05.15	652,045	658,009
SOUTHERN CAL EDISON NTS 05.850	206,652	205,648
CITIGROUP INC NTS B/E 03.070%	213,001	219,236
PFIZER INVT ENTER NTS 04.450%	225,482	222,011
WELLS FARGO & CO B/E 02.879% 1	233,657	252,675
BANK OF AMER CORP NTS 05.080%	265,745	266,758
T-MOBILE USA INC B/E 05.750% 0	645,980	648,160
CANADIAN IMPERIAL BANK 05.260%	565,545	578,552
WALT DISNEY COMPANY/THE 2.000%	531,525	572,844
BK OF NOVA SCOTIA 05.450%	530,058	533,633
BROADCOM INC NTS B/E 04.300% 1	523,728	567,909
PFIZER INVT ENTER NTS 04.750%	523,458	536,577
AIR LEASE CORP 02.875% 011526	188,000	195,742
GENERAL MOTORS FINL CO 05.550%	133,972	137,484
INTEL CORP NTS B/E 04.875% 021	142,926	144,027
EQT CORP NTS B/E 03.900% 10012	1,858	1,945
BANK OF AMER CORP NTS 04.827%	1,980	2,000
BROADCOM INC NTS B/E 03.459% 0	5,762	5,886
GOLDMAN SACHS GROUP INC 03.500	47,640	47,834
JPMORGAN CHASE & CO NTS 04.080	76,733	77,797
CHARTER COMM OPT LLC/CAP 04.90	88,082	87,897
PFIZER INVT ENTER NTS 04.450%	99,632	99,860
JOHN DEERE CAPITAL CORP 04.800	99,993	100,281
PACIFIC GAS & ELEC CO 03.450%	105,153	109,142
JOHN DEERE CAPITAL CORP 04.950	113,351	115,101
BANK OF AMER CORP B/E 02.884%	132,716	135,461
MORGAN STANLEY B/E 02.699% 012	82,058	83,527
GENL MOTORS FINL CO INC 02.900	48,595	49,820

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

Avis Foundation Inc

EIN:

20-5063209

Name of Stock	End of Year Book Value	End of Year Fair Market Value
VANGUARD SMALL-CAP VALUE ETF	326,131	433,221
UNION PACIFIC CORP	278,059	436,697
MCDONALDS CORP	267,263	423,239
PHILLIPS 66	261,291	321,169
DFA US MICRO CAP FUND CLASS I	260,277	349,295
HOME DEPOT INC	259,289	550,810
NOVARTIS AG SPON ADR	245,632	322,485
CHEVRON CORP	242,337	316,331
NEXTERA ENERGY INC COM	241,273	384,258
LOCKHEED MARTIN CORP	238,371	380,977
AMAZON.COM INC	237,557	430,663
APPLE INC	228,754	613,779
REGAL REXNORD CORP	210,150	465,390
ISHARES CORE MSCI EAFE ETF	2,205,432	2,465,352
WELLS FARGO & CO NEW	204,171	312,428
TEMPLETON GLOBAL SMALLER COMPANIES ADVISORS CLASS	202,901	229,966
VANGUARD INFORMATION TECHNOLOGY ETF	44,544	166,021
ABBVIE INC COM	198,231	237,052
DANAHER CORP	51,420	58,994
TJX COS INC NEW	52,109	129,992
ACCENTURE PLC IRELAND CL A	282,968	602,264
DFA INTERNATIONAL SMALL COMPANY FUND CLASS I	415,299	442,615
PROCTER & GAMBLE CO	137,402	162,118
BERKSHIRE HATHAWAY INC CL A	312,670	680,920
OLD NATL BANCORP EVANSVL IND	308,000	434,100
CARILLON SCOUT MID CAP FUND CLASS	297,190	343,295
COCA COLA CO COM	291,342	373,871
YUM! BRANDS INC	55,502	72,715
MERCK & CO INC COM	59,724	74,312
SHERWIN WILLIAMS CO	64,124	97,560
ORACLE CORP	64,971	141,811
ALPHABET INC CL A	112,033	268,427
UNITEDHEALTH GROUP INC	112,177	149,229
DIGITAL REALTY TRUST INC REIT	113,626	134,948
TRUIST FINL CORP	114,398	119,121
GOLDMAN SACHS GROUP INC	114,585	133,420
SIMON PPTY GROUP INC SBI	114,706	136,046
WILLIAMS COS INC (DEL)	114,757	161,278
EATON CORP PLC	115,776	119,473
MICROCHIP TECHNOLOGY INC	117,036	84,935
EXXON MOBIL CORP	111,933	102,299
THERMO FISHER SCIENTIFIC INC	122,614	179,479
PEPSICO INC	127,926	126,666
KINDER MORGAN INC	129,153	169,442
CATERPILLAR INC	130,276	139,663
ENBRIDGE INC CAD	130,449	140,571
LILLY ELI & CO	130,764	872,360
STARWOOD PPTY TR INC	131,061	127,496
COLGATE PALMOLIVE CO	150,000	211,457
COSTCO WHOLESALE CORP	145,371	273,048
TEXAS INSTRUMENTS	136,759	153,383
DFA EMERGING MARKETS SMALL CAP FUND CLASS I	127,267	142,359
MICROSOFT CORP	432,544	1,420,455
BROADCOM INC	111,442	197,064
MACQUARIE SMALL CAP CORE FUND INSTITUTIONAL	105,470	127,006
O REILLY AUTOMOTIVE INC	80,632	158,897
STARBUCKS CORP	81,719	83,950
CME GROUP INC	81,723	90,570
MARSH & MCLENNAN COS INC	82,161	122,773
CRANE NXT CO	84,470	169,246
LINDE PLC NEW EUR	85,369	136,068
INTERCONTINENTALEXCHANGE GROUP	86,970	138,430
FIFTH THIRD BANCORP	183,745	295,960
FEDEX CORP	88,657	122,660
REGIONS FINANCIAL CORP	107,100	128,231
MONDELEZ INTL INC	92,603	90,371
VISA INC CL A	94,024	146,643
ONEOK INC NEW	97,898	124,496
MEDTRONIC PLC	98,324	95,457
US BANCORP DEL (NEW)	98,904	111,922
EPR PROPERTIES REIT	98,968	99,719
LYONDELLBASELL INDUSTRIES N V SHS - A - CL A EUR	99,990	74,270
CHUBB LTD CHF	176,337	247,289
DICK'S SPORTING GOODS INC	102,066	108,470
CRANE CO	163,477	441,137
AMGEN INC	93,340	88,618
ARES MANAGEMENT CORPORATION CL A COM	139,176	182,164
BERKSHIRE HATHAWAY INC NEW CL B	433,482	714,823
DIMENSIONAL ETF TRUST EMGR CRE EQT MNG	673,774	742,073
LAZARD INTERNATIONAL EQUITY FUND INSTITUTIONAL	1,475,386	1,511,743
VANGUARD MID-CAP VALUE ETF	895,772	1,083,859
ISHARES CORE MSCI EMERGING MARKETS ETF	767,513	779,227
VANGUARD MID-CAP GROWTH ETF	678,383	1,015,000
VANGUARD SMALL-CAP ETF	496,960	744,868
CSX CORPORATION	470,938	663,821
JPMORGAN CHASE & CO	585,006	1,438,260
WOODWARD INC	594,320	1,331,360

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

Avis Foundation Inc

EIN:

20-5063209

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
BLACKSTONE PRIVATE CREDIT FUND CLASS S A/O 0	AT COST	1,934,204	1,937,938
BLUE OWL TECHNOLOGY INCOME CORP CLASS S A/O	AT COST	1,500,000	1,564,959
APOLLO DEBT SOLUTIONS BDC CLASS S A/O 01/31/	AT COST	1,500,000	1,576,598
FS CREDIT REAL ESTATE INCOME TRUST, INC. CLA	AT COST	1,497,150	1,489,234
KKR REAL ESTATE SELECT TRUST- CLASS U	AT COST	919,826	703,813
BLACKSTONE REAL ESTATE INCOME TRUST INC CL S	AT COST	906,393	1,064,738
TBFC FINANCIAL TECHNOLOGIES FUND LP	AT COST	277,846	243,348
BANC FUND IX LP	AT COST	564,343	670,485
STARWOOD REAL ESTATE INCOME TRUST, INC. CLAS	AT COST	775,459	692,008
INFRASTRUCTURE INVSTMNT FD (ICAP) LTD. CL A	AT COST	2,810,997	3,224,760

- TIN:

TY 2024 OtherAssetsSchedule

Name:

Avis Foundation Inc

EIN:

20-5063209

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
Marion Property	7,300	7,300	7,300
Art	7,050	7,050	7,050

- TIN:

TY 2024 OtherExpensesSchedule

Name:

Avis Foundation Inc

EIN:

20-5063209

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Advertising	2,444	0	2,444
Office Supplies	862	0	862
Other Deductions from Passthroughs	26,981	26,981	0
Training Expense	5,381	0	5,381
Catering Fees	333	0	333

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

Avis Foundation Inc

EIN:

20-5063209

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
Other Income from Partnerships	84,778	84,778	84,778
Refund of Penalties	2,951		2,951

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

Avis Foundation Inc

EIN:

20-5063209

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment Management Fees	222,434	222,434		0
Payroll Fees	1,962	0		1,962

- TIN:

TY 2024 TaxesSchedule

Name:

Avis Foundation Inc

EIN:

20-5063209

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
Excise Taxes	47,670	0	0
Foreign Taxes	5,434	5,434	0
Property Taxes	465	465	0
Payroll Taxes	2,795	0	2,795