Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE BUSINESS OF GOOD FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2838
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ASHTABULA, OH44005
A Employer identification number

34-1973248
B Telephone number (see instructions)

(440) 415-3547
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$12,779,626J 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) 20,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 189,655 189,655  
4 Dividends and interest from securities... 218,407 218,407  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 528,993
b Gross sales price for all assets on line 6a 10,742,598
7 Capital gain net income (from Part IV, line 2)... 528,993
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 957,055 937,055  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 63,779 0   63,779
14 Other employee salaries and wages...... 26,457 0   26,457
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,500 750   750
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
25,847 0   25,847
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
15,855 0   8,145
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 5,400 0   5,400
21 Travel, conferences, and meetings....... 2,437 0   2,437
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
49,944 31,855   18,089
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 191,219 32,605   150,904
25 Contributions, gifts, grants paid....... 1,652,927 1,652,927
26 Total expenses and disbursements. Add lines 24 and 25 1,844,146 32,605   1,803,831
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -887,091
b Net investment income (if negative, enter -0-) 904,450
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 Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,829,115 369,005 369,005
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        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 955,122 Click to see attachment
List of Attached Documents:
// Content
99,504 		99,504
b Investments—corporate stock (attach schedule)....... 5,073,475 0 0
c Investments—corporate bonds (attach schedule)....... 2,248,697 Click to see attachment
List of Attached Documents:
// Content
4,191,036 		4,191,036
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,957,666 Click to see attachment
List of Attached Documents:
// Content
8,120,081 		8,120,081
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,064,075 12,779,626 12,779,626
Liabilities 17 Accounts payable and accrued expenses.......... 758 214
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 758 214
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........ 1,009,000 1,009,000
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 12,054,317 11,770,412
29 Total net assets or fund balances (see instructions)..... 13,063,317 12,779,412
30 Total liabilities and net assets/fund balances (see instructions). 13,064,075 12,779,626
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
13,063,317
2
Enter amount from Part I, line 27a .....................
2
-887,091
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
603,186
4
Add lines 1, 2, and 3 ..........................
4
12,779,412
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
12,779,412
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a BANK OF AMERICA CORP VAR CALLABLE   2022-04-18 2024-07-31
b EVERSOURCE ENERGY 4.2% 06/24/2024   2022-10-19 2024-06-27
c EVERSOURCE ENERGY 4.2% 06/24/2024   2022-12-05 2024-06-27
d MONDELEZ INTERNTNL 2.125% 03/17/2024   2022-10-19 2024-03-17
e MONDELEZ INTERNTNL 2.125% 03/17/2024   2022-12-05 2024-03-17
PEPSICO, INC. VAR 11/12/2024   2024-04-23 2024-11-10
PEPSICO, INC. VAR 11/12/2024   2024-05-21 2024-11-10
STRYKER CORP 3.375% 05/15/2024 CALLABLE   2022-10-19 2024-05-15
STRYKER CORP 3.375% 05/15/2024 CALLABLE   2022-12-05 2024-05-15
TRUIST FINL CORP VAR CALLABLE   2022-04-19 2024-01-12
U.S. BANCORP VAR CALLABLE   2022-04-18 2024-01-16
US TREASURY BILL 06/27/2024   2024-04-19 2024-06-20
VERIZON COMMUNICATION 3.5% 11/01/2024 CALLABLE   2022-10-19 2024-11-01
VERIZON COMMUNICATION 3.5% 11/01/2024 CALLABLE   2024-04-17 2024-11-01
ABBVIE INC   2022-04-18 2024-01-17
ABBVIE INC   2022-04-18 2024-04-18
ABBVIE INC   2022-09-19 2024-04-18
ABBOTT LABORATORIES   2024-01-17 2024-04-18
AGREE REALTY CORP REIT   2022-04-18 2024-01-17
AGREE REALTY CORP REIT   2022-09-14 2024-01-17
AUTO DATA PROCESSING   2023-12-12 2024-04-18
AUTO DATA PROCESSING   2024-01-17 2024-04-18
AMGEN INC.   2024-01-17 2024-04-18
AIR PROD & CHEMICALS   2024-01-17 2024-02-16
AIR PROD & CHEMICALS   2022-04-18 2024-04-18
AIR PROD & CHEMICALS   2024-01-17 2024-04-18
BROADCOM INC   2022-04-18 2024-01-17
BROADCOM INC   2022-04-18 2024-01-31
BROADCOM INC   2022-04-18 2024-03-20
BROADCOM INC   2022-04-18 2024-04-18
BROADCOM INC   2022-09-14 2024-04-18
BAHL GAYNOR INCOME GROWTH ETF   2024-04-18 2024-07-31
BAHL GAYNOR INCOME GROWTH ETF   2024-04-18 2024-11-14
BAHL GAYNOR INCOME GROWTH ETF   2024-04-18 2024-11-18
CME GROUP INC A   2024-01-17 2024-04-18
CME GROUP INC A   2024-01-31 2024-04-18
CME GROUP INC A   2024-02-28 2024-04-18
CISCO SYSTEMS INC   2024-01-17 2024-04-18
CHEVRON CORP   2023-01-25 2024-01-17
CHEVRON CORP   2022-04-18 2024-04-18
CHEVRON CORP   2023-01-25 2024-04-18
DELL TECHNOLOGIES INC   2024-01-17 2024-04-18
EVERSOURCE ENERGY   2024-01-17 2024-01-31
EVERSOURCE ENERGY   2024-01-17 2024-02-09
EVERSOURCE ENERGY   2024-01-17 2024-02-16
EATON CORP PLC   2022-04-18 2024-01-17
EATON CORP PLC   2022-04-18 2024-04-18
FASTENAL CO   2024-01-17 2024-04-18
GENERAL DYNAMICS CO   2024-03-20 2024-04-18
CORNING INC   2022-04-18 2024-01-17
CORNING INC   2022-04-18 2024-04-18
CORNING INC   2022-09-14 2024-04-18
HOME DEPOT INC   2022-04-18 2024-04-18
HOME DEPOT INC   2024-01-17 2024-04-18
ILLINOIS TOOL WORKS   2024-01-17 2024-04-18
JOHNSON CONTROLS INT   2024-01-17 2024-02-16
JPMORGAN CHASE & CO   2024-01-31 2024-04-18
JPMORGAN CHASE & CO   2024-02-16 2024-04-18
JPMORGAN CHASE & CO   2024-02-28 2024-04-18
KEURIG DR PEPPER INC   2022-04-18 2024-01-17
KEURIG DR PEPPER INC   2022-04-18 2024-04-18
KLA CORP   2022-04-18 2024-01-17
KLA CORP   2022-05-10 2024-01-17
KINDER MORGAN INC   2024-01-17 2024-04-18
L3HARRIS TECNOLOGIE   2022-09-14 2024-01-17
LILLY ELI & CO   2022-09-14 2024-01-17
ELI LILLY AND CO   2022-04-18 2024-04-18
ELI LILLY AND CO   2022-05-10 2024-04-18
ELI LILLY AND CO   2022-09-14 2024-04-18
ELI LILLY AND CO   2022-09-19 2024-04-18
LOCKHEED MARTIN CORP   2022-04-18 2024-03-20
LOCKHEED MARTIN CORP   2022-04-18 2024-04-18
LOCKHEED MARTIN CORP   2024-01-17 2024-04-18
MCDONALDS CORP   2023-12-12 2024-04-18
MCDONALDS CORP   2024-01-17 2024-04-18
MCDONALDS CORP   2024-01-31 2024-04-18
MONDELEZ INTL A   2022-04-18 2024-04-18
MONDELEZ INTL A   2024-01-17 2024-04-18
MARSH & MC LENNAN CO   2022-09-19 2024-04-18
MARSH & MC LENNAN CO   2024-01-17 2024-04-18
MERCK & CO. INC.   2022-04-18 2024-01-17
MERCK & CO. INC.   2022-04-18 2024-04-18
MERCK & CO. INC.   2022-09-19 2024-04-18
MICROSOFT CORP   2024-01-17 2024-04-18
NEXTERA ENERGY INC   2022-04-18 2024-01-17
NEXTERA ENERGY INC   2022-04-18 2024-04-18
NEXTERA ENERGY INC   2023-08-30 2024-04-18
NXP SEMICONDUCTORS   2024-01-17 2024-04-18
REALTY INCOME CORP REIT   2022-04-18 2024-01-17
REALTY INCOME CORP REIT   2022-04-18 2024-04-18
PAYCHEX INC   2024-01-17 2024-04-18
PEPSICO INC   2022-04-18 2024-04-18
PEPSICO INC   2023-08-30 2024-04-18
PEPSICO INC   2024-01-17 2024-04-18
PEPSICO INC   2024-03-20 2024-04-18
PROCTOR & GAMBLE   2022-04-18 2024-04-18
PROCTOR & GAMBLE   2024-01-17 2024-04-18
PROLOGIS INC. REIT   2022-04-18 2024-01-17
PROLOGIS INC. REIT   2022-04-18 2024-04-18
PROLOGIS INC. REIT   2022-05-10 2024-04-18
PROLOGIS INC. REIT   2022-09-14 2024-04-18
PROLOGIS INC. REIT   2022-11-04 2024-04-18
PNC FINL SERVICES   2022-04-18 2024-04-18
PNC FINL SERVICES   2022-06-28 2024-04-18
PNC FINL SERVICES   2023-08-15 2024-04-18
PNC FINL SERVICES   2024-01-17 2024-04-18
PPL CORP   2024-02-09 2024-04-18
PPL CORP   2024-02-16 2024-04-18
PHILLIPS 66   2023-12-12 2024-04-18
PHILLIPS 66   2024-01-17 2024-04-18
PHILLIPS 66   2024-02-16 2024-04-18
QUALCOMM INC   2022-04-18 2024-04-18
QUALCOMM INC   2024-01-17 2024-04-18
REGIONS FINL CO   2024-01-17 2024-01-31
RTX CORP   2024-01-17 2024-03-20
RTX CORP   2024-01-17 2024-04-18
STARBUCKS CORP   2024-01-17 2024-01-31
STARBUCKS CORP   2024-01-17 2024-04-18
BAHL & GAYNR SML MD CP GW ETF   2023-08-15 2024-04-19
BAHL & GAYNR SML MD CP GW ETF   2023-08-15 2024-11-11
BAHL & GAYNR SML MD CP GW ETF   2022-04-18 2024-11-14
BAHL & GAYNR SML MD CP GW ETF   2023-08-15 2024-11-14
SEMPRA   2022-04-18 2024-01-17
SEMPRA   2022-04-18 2024-04-18
SEMPRA   2022-09-14 2024-04-18
SEMPRA   2023-08-15 2024-04-18
TRAVELERS COMPANIES   2023-01-25 2024-04-18
TRAVELERS COMPANIES   2023-08-15 2024-04-18
TRAVELERS COMPANIES   2024-01-17 2024-04-18
TEXAS INSTRUMENTS   2022-04-18 2024-01-17
TEXAS INSTRUMENTS   2022-04-18 2024-04-18
TEXAS INSTRUMENTS   2022-05-10 2024-04-18
UNITED PARCEL SRVC B   2022-04-18 2024-01-17
UNITED PARCEL SRVC B   2022-04-18 2024-04-18
U S BANCORP   2023-12-12 2024-02-28
U S BANCORP   2024-01-17 2024-02-28
U S BANCORP   2023-12-12 2024-04-18
W E C ENERGY GROUP I   2022-04-18 2024-01-17
W E C ENERGY GROUP I   2022-04-18 2024-04-18
W E C ENERGY GROUP I   2023-08-15 2024-04-18
WILLIAMS COS INC   2023-12-12 2024-04-18
WILLIAMS COS INC   2024-01-17 2024-04-18
EXXON MOBIL CORP   2024-01-17 2024-04-18
(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 598,550   625,515 -26,965
b 30,000   30,000 0
c 20,000   20,000 0
d 30,000   30,000 0
e 20,000   20,000 0
50,000   50,106 -106
300,000   300,547 -547
30,000   30,000 0
20,000   20,000 0
595,179   672,281 -77,102
637,564   682,606 -45,042
499,561   495,216 4,345
30,000   30,000 0
150,000   150,000 0
54,109   53,396 713
192,498   187,449 5,049
35,404   30,588 4,816
47,178   51,075 -3,897
105,966   120,361 -14,395
26,029   31,543 -5,514
111,927   109,150 2,777
242   236 6
30,223   34,773 -4,550
17,015   19,354 -2,339
114,779   119,609 -4,830
13,504   14,967 -1,463
41,620   22,150 19,470
20,105   9,909 10,196
14,005   6,412 7,593
241,269   111,915 129,354
77,910   31,265 46,645
142,570   132,265 10,305
150,395   132,265 18,130
74,273   66,132 8,141
25,800   24,509 1,291
27,687   27,259 428
16,151   16,936 -785
87,008   90,744 -3,736
13,066   16,167 -3,101
164,397   181,715 -17,318
14,802   16,700 -1,898
86,604   57,482 29,122
9,305   9,432 -127
10,737   10,883 -146
13,079   12,446 633
41,623   24,542 17,081
209,516   95,223 114,293
37,642   35,654 1,988
29,671   29,332 339
79,526   88,908 -9,382
27,886   30,364 -2,478
35,196   37,499 -2,303
59,786   54,013 5,773
75,397   81,197 -5,800
83,136   84,323 -1,187
22,311   20,819 1,492
26,087   25,380 707
28,804   28,466 338
13,768   13,981 -213
58,343   67,320 -8,977
95,492   112,627 -17,135
279,678   162,718 116,960
21,129   12,145 8,984
44,662   43,619 1,043
160,062   176,199 -16,137
66,104   32,146 33,958
149,826   60,144 89,682
64,850   25,291 39,559
12,672   5,204 7,468
59,632   24,106 35,526
14,056   14,950 -894
103,027   105,585 -2,558
1,368   1,381 -13
160,021   171,795 -11,774
271   291 -20
6,498   7,086 -588
190,914   180,219 10,695
7,392   8,011 -619
106,327   82,085 24,242
46,203   44,873 1,330
54,069   39,337 14,732
198,941   137,377 61,564
53,210   36,578 16,632
118,028   112,800 5,228
12,104   16,677 -4,573
127,153   162,996 -35,843
12,241   12,787 -546
54,620   50,563 4,057
20,535   25,900 -5,365
109,730   154,011 -44,281
73,042   74,003 -961
182,240   180,538 1,702
12,057   12,661 -604
1,378   1,328 50
10,852   10,829 23
179,770   180,482 -712
14,325   13,568 757
25,430   32,418 -6,988
23,401   36,491 -13,090
20,476   25,169 -4,693
26,117   30,735 -4,618
17,760   18,432 -672
58,114   68,828 -10,714
41,405   45,108 -3,703
30,462   25,454 5,008
15,970   15,904 66
12,892   12,461 431
15,076   15,120 -44
119,566   97,668 21,898
153   128 25
13,949   13,180 769
50,433   43,241 7,192
24,492   21,222 3,270
13,668   12,620 1,048
13,206   11,875 1,331
41,720   35,368 6,352
16,484   16,116 368
113,367   118,949 -5,582
23,323   21,747 1,576
78,673   59,941 18,732
181,149   138,685 42,464
48,852   38,194 10,658
58,782   68,265 -9,483
65,474   82,175 -16,701
9,989   12,534 -2,545
49,670   51,279 -1,609
99,725   90,793 8,932
16,376   12,769 3,607
13,017   12,218 799
63,398   68,554 -5,156
103,798   111,444 -7,646
24,558   24,998 -440
62,744   76,135 -13,391
79,411   103,685 -24,274
27,449   26,769 680
290   289 1
110,701   113,413 -2,712
52,485   66,092 -13,607
18,844   24,127 -5,283
36,480   38,476 -1,996
124,564   114,235 10,329
263   240 23
54,760   44,772 9,988
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       -26,965
b       0
c       0
d       0
e       0
      -106
      -547
      0
      0
      -77,102
      -45,042
      4,345
      0
      0
      713
      5,049
      4,816
      -3,897
      -14,395
      -5,514
      2,777
      6
      -4,550
      -2,339
      -4,830
      -1,463
      19,470
      10,196
      7,593
      129,354
      46,645
      10,305
      18,130
      8,141
      1,291
      428
      -785
      -3,736
      -3,101
      -17,318
      -1,898
      29,122
      -127
      -146
      633
      17,081
      114,293
      1,988
      339
      -9,382
      -2,478
      -2,303
      5,773
      -5,800
      -1,187
      1,492
      707
      338
      -213
      -8,977
      -17,135
      116,960
      8,984
      1,043
      -16,137
      33,958
      89,682
      39,559
      7,468
      35,526
      -894
      -2,558
      -13
      -11,774
      -20
      -588
      10,695
      -619
      24,242
      1,330
      14,732
      61,564
      16,632
      5,228
      -4,573
      -35,843
      -546
      4,057
      -5,365
      -44,281
      -961
      1,702
      -604
      50
      23
      -712
      757
      -6,988
      -13,090
      -4,693
      -4,618
      -672
      -10,714
      -3,703
      5,008
      66
      431
      -44
      21,898
      25
      769
      7,192
      3,270
      1,048
      1,331
      6,352
      368
      -5,582
      1,576
      18,732
      42,464
      10,658
      -9,483
      -16,701
      -2,545
      -1,609
      8,932
      3,607
      799
      -5,156
      -7,646
      -440
      -13,391
      -24,274
      680
      1
      -2,712
      -13,607
      -5,283
      -1,996
      10,329
      23
      9,988
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 2 528,993
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 12,572
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 12,572
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 12,572
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 5,640
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 5,640
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 6,932
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 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 arrowOH
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
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.THEBUSINESSOFGOOD.ORG
14
The books are in care ofright arrowANDREA BUSHWEILER Telephone no.right arrow (440) 415-3547

Located atright arrowPO BOX 2838ASHTABULAOH ZIP+4right arrow44005
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
BRAD ROLLER DIRECTOR
2.00 		0 0 0
PO BOX 2838
ASHTABULA,OH44005
ALICE MCCARTHY DIRECTOR
2.00 		0 0 0
PO BOX 2838
ASHTABULA,OH44005
TIMOTHY P MCCARTHY DIRECTOR
2.00 		0 0 0
PO BOX 2838
ASHTABULA,OH44005
STUART W CORDELL PRESIDENT
15.00 		39,231 0 0
PO BOX 2838
ASHTABULA,OH44005
ANDREA BUSHWEILER TREASURER
15.00 		24,548 0 0
PO BOX 2838
ASHTABULA,OH44005
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 THE EXECUTIVE COACHING AND CONSULTING PROGRAM SUPPORTS NON-PROFIT LEADERS AND SOCIAL ENTREPRENEURS IN NORTHEAST OHIO WHO ARE COMMITTED TO BUILDING THE SELF-ESTEEM AND EMPOWERMENT OF THE ECONOMICALLY DISADVANTAGED. 150,904
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 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
12,585,750
b
Average of monthly cash balances.......................
1b
311,064
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
12,896,814
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
12,896,814
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
193,452
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
12,703,362
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
635,168
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
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,803,831
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
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,803,831
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  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
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.....  
e Remaining amount distributed out of corpus  
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  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
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 ...... 		 
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)
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
0 0 0 0 0
b 85% (0.85) of line 2a ......... 0 0 0 0 0
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		1,803,831 1,579,133 1,049,937 814,147 5,247,048
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		0 0 0 0 0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		1,803,831 1,579,133 1,049,937 814,147 5,247,048
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		423,445 424,831 454,813 42,996 1,346,085
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) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
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:
BRAD ROLLER
PO BOX 2838
ASHTABULA,OH44005
(440) 964-5541
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION SHOULD BE MADE IN THE FORM OF A WRITTEN REQUEST, INCLUDING PROOF OF EXEMPT STATUS AND AN EXPLANATION OF HOW THE APPLICANT INTENDS TO USE THE FUNDS.
cAny submission deadlines:
APPLICATIONS SHOULD BE SUBMITTED PRIOR TO OCT 15TH FOR CONSIDERATION BY DEC 31ST OF THE CURRENT YEAR
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
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

ASHTABULA DOWNTOWN DEVELOPMENT ASSOCIATION

PO BOX 362
ASHTABULA,OH44004 		N/A EXEMPT GENERAL OPERATIONS 500

BIRTHRIGHT INC

7237 INDUSTRIAL PARK BLVD
MENTOR,OH44060 		N/A EXEMPT GENERAL OPERATIONS 10,000

ASHTABULA COUNTY COMMUNITY ACTION AGENCY

4200 STATE ROAD
ASHTABULA,OH44004 		N/A EXEMPT GENERAL OPERATIONS 500

AMERICA MENTORS

595 S 3RD ST 2ND FLOOR
COLUMBUS,OH43215 		N/A EXEMPT GENERAL OPERATIONS 330,000

ASHTABULA COUNTY DISTRICT LIBRARY FOUNDATION INC

335 W 44TH
ASHTABULA,OH44004 		N/A EXEMPT GENERAL OPERATIONS 5,000

ASHTABULA RIVER FOUNDATION

145 W 46TH ST
ASHTABULA,OH44004 		N/A EXEMPT GENERAL OPERATIONS 189,303

NEO FUND

134 W 46TH ST
ASHTABULA,OH44004 		N/A EXEMPT GENERAL OPERATIONS 276,750

PARK PLACE NON-PROFIT CENTER

134 W 46TH ST
ASHTABULA,OH44004 		N/A EXEMPT GENERAL OPERATIONS 318,824

SEA CHANGE INCORPORATED

1271 W 1ST AVENUE
COLUMBUS,OH43212 		N/A EXEMPT GENERAL OPERATIONS 510,000

GENEVA FOOD PANTRY

505 W MAIN STREET
GENEVA,OH44041 		N/A EXEMPT GENERAL OPERATIONS 1,750

GO COMMUNITY DEVELOPMENT CORPORATION

3703 STATION AVE
ASHTABULA,OH44004 		N/A EXEMPT GENERAL OPERATIONS 8,000

COLLEGE NOW GREATER CLEVELAND INC

1500 W 3RD ST SUITE 125
CLEVELAND,OH44113 		N/A EXEMPT GENERAL OPERATIONS 2,300
Total .................................right arrow 3a 1,652,927
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 189,655  
4 Dividends and interest from securities ....     14 218,407  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 528,993  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 937,055 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
937,055
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


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

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

34-1973248
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


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

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE BUSINESS OF GOOD FOUNDATION
  		Employer identification number
34-1973248
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
URBAN LAUNCH SCHOOL INC
 
1289 GRANDVIEW AVE
 
COLUMBUS, OH43212

$ 20,000


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE BUSINESS OF GOOD FOUNDATION
  		Employer identification number

34-1973248
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE BUSINESS OF GOOD FOUNDATION
  		Employer identification number

34-1973248
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
THE BUSINESS OF GOOD FOUNDATION
EIN:
34-1973248
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 1,500 750   750

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE BUSINESS OF GOOD FOUNDATION
EIN:
34-1973248
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 4,191,036 4,191,036

TY 2024 InvestmentsGovtObligationsSch
Name:
THE BUSINESS OF GOOD FOUNDATION
EIN:
34-1973248
US Government Securities - End of Year Book Value:

99,504
US Government Securities - End of Year Fair Market Value:

99,504
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
THE BUSINESS OF GOOD FOUNDATION
EIN:
34-1973248
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
EXCHANGED TRADED FUNDS AT COST 8,120,081 8,120,081

TY 2024 OtherExpensesSchedule
Name:
THE BUSINESS OF GOOD FOUNDATION
EIN:
34-1973248
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSE 1,004 0   1,004
COMPUTER EXPENSE 6,036 0   6,036
BANK FEES 1,743 871   872
INSURANCE 1,957 0   1,957
INVESTMENT FEES 30,984 30,984   0
PROFESSIONAL DEVELOPMENT 8,104 0   8,104
WORKERS COMPENSATION 116 0   116


TY 2024 OtherIncreasesSchedule
Name:
THE BUSINESS OF GOOD FOUNDATION
EIN:
34-1973248
Description Amount
UNREALIZED GAIN 603,186


TY 2024 OtherProfessionalFeesSchedule
Name:
THE BUSINESS OF GOOD FOUNDATION
EIN:
34-1973248
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROGRAM OFFICER 24,000 0   24,000
PAYROLL PROCESSING 1,847 0   1,847


TY 2024 TaxesSchedule
Name:
THE BUSINESS OF GOOD FOUNDATION
EIN:
34-1973248
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 7,945 0   7,945
EXCISE TAX 7,710 0   0
OHIO FILING FEE 200 0   200