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
Jeffers Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)3384 Fountain Hills Dr NW Suite A
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Prior Lake, MN55372
A Employer identification number

20-2601947
B Telephone number (see instructions)

(952) 226-7156
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$11,622,888J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 27,652 27,652  
4 Dividends and interest from securities... 193,386 193,386  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,695,836
b Gross sales price for all assets on line 6a 4,826,152
7 Capital gain net income (from Part IV, line 2)... 0
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)....... Click to see attachment
List of Attached Documents:
// Content
817 0  
12 Total. Add lines 1 through 11........ -1,473,981 221,038  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 291,076 0   291,076
14 Other employee salaries and wages...... 41,563 0   41,563
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
27,120 0   27,120
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7,045 0   7,045
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
49,045 43,195   5,850
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
55,462 34,027   21,435
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 116,750 0   116,750
21 Travel, conferences, and meetings....... 5,086 0   5,086
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
33,301 1,905   31,396
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 626,448 79,127   547,321
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 626,448 79,127   547,321
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,100,429
b Net investment income (if negative, enter -0-) 141,911
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.............      
2 Savings and temporary cash investments......... 253,408 206,959 206,959
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.......... 90 234 234
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,106,919 Click to see attachment
List of Attached Documents:
// Content
2,741,652 		4,259,278
c Investments—corporate bonds (attach schedule)....... 2,604,610 Click to see attachment
List of Attached Documents:
// Content
1,888,614 		1,877,230
11 Investments—land, buildings, and equipment: basis right arrow994,958
Less: accumulated depreciation (attach schedule) right arrow     994,958 439,600
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 375,308 Click to see attachment
List of Attached Documents:
// Content
329,556 		239,272
14 Land, buildings, and equipment: basis right arrow4,490,602
Less: accumulated depreciation (attach schedule) right arrow   5,412,669 4,490,602 4,546,265
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
54,050 		Click to see attachment
List of Attached Documents:
// Content
54,050 		Click to see attachment
List of Attached Documents:
// Content
54,050
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,807,054 10,706,625 11,622,888
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 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 12,807,054 10,706,625
29 Total net assets or fund balances (see instructions)..... 12,807,054 10,706,625
30 Total liabilities and net assets/fund balances (see instructions). 12,807,054 10,706,625
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
12,807,054
2
Enter amount from Part I, line 27a .....................
2
-2,100,429
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
10,706,625
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
10,706,625
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 Sale of land P    
b Publicily traded securities P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,047,873   2,329,243 -1,281,370
b 3,778,279   4,192,745 -414,466
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       -1,281,370
b       -414,466
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -1,695,836
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 1,973
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 1,973
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 1,973
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 8,355
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 8,355
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 6,382
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow6,382 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
Yes
 
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 arrowjeffersfoundation.org
14
The books are in care ofright arrowKelly Johnson Telephone no.right arrow (952) 226-7156

Located atright arrow3384 Fountain Hills Dr NW Suite APrior LakeMN ZIP+4right arrow55372
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Kelly Johnson CEO / CFO
25.00 		72,651 0 0
4995 State Hwy 28
Eucha,OK74342
Suzanne Fuluvaka COO
30.00 		114,275 0 0
5509 Malibu Drive
Edina,MN55436
Michael Fairbourne Director/ VP & Assistant Secretary
2.00 		13,486 0 0
15420 9th Ave N
Plymouth,MN55447
Galen Erickson Director/ Director of Communications
6.00 		24,055 0 0
11835 45th Ave N
Plymouth,MN55442
David Grack- Director Director of Educational Programs
20.00 		66,609 0 0
1710 Pulaski Rd
Buffalo,MN55313
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 A principle mission of Jeffers Foundation is to foster environmental stewardship through education. Environmental stewardship cannot be taught but can only be inspired. Jeffers Foundation has adopted a practice for our professional development workshops consistent with the scientific method in which hands-on, experiential learning is supported by teaching careful observation techniques using all our senses reinforced by journaling your observations with drawings and words in notebooks. In close collaboration with local teachers, Jeffers has developed teaching support materials and programs available through its website and free of charge to those who participate in on of the many workshops offered. Visit jeffersfoundation.org to learn more. 6,614
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
6,543,848
b
Average of monthly cash balances.......................
1b
366,363
c
Fair market value of all other assets (see instructions)................
1c
998,116
d
Total (add lines 1a, b, and c).........................
1d
7,908,327
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
7,908,327
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
118,625
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,789,702
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
389,485
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
389,485
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
1,973
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,973
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
387,512
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
387,512
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
387,512
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
547,321
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
2,088,041
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
2,635,362
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 7 387,512
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...... 1,007,163
f Total of lines 3a through e ........ 1,007,163
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,635,362
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		Click to see attachment
List of Attached Documents:
// Content
0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 387,512
e Remaining amount distributed out of corpus 2,247,850
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 3,255,013
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		3,255,013
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023.... 1,007,163
e Excess from 2024.... 2,247,850
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
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
Total .................................right arrow 3a 0
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 27,652  
4 Dividends and interest from securities ....     14 193,386  
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 -1,695,836  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aReimbursement for Journal 		    01 817  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 -1,473,981 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-1,473,981
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
Jeffers Foundation
EIN:
20-2601947
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 7,045 0   7,045

TY 2024 AppliedToPriorYearElection
Name:
Jeffers Foundation
EIN:
20-2601947
Election:
PURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE JEFFERS FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE PRECEEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF UNDISTRIBUTED INCOME FROM THE TAX YEARS ENDING AS FOLLOWS:DECEMBER 31, 2017 $ 602,371DECEMBER 31, 2018 $ 466,100DECEMBER 31, 2019 $ 26,664 TOTAL: $1,095,135

TY 2024 GeneralExplanationAttachment
Name:
Jeffers Foundation
EIN:
20-2601947
Identifier Return Reference Explanation
Controlled Entity Form 990PF, Part VI-A, line 11 In 2024, Jeffers Foundation set up a single member LLC called Jeffers Foundation Properties LLC (EIN 61-2199354), a wholly controlled entity of Jeffers Foundation. The address of the entity is 3384 Fountain Hills Drive NW, Prior Lake, MN 55372 and is not considered an excess business holding.

TY 2024 InvestmentsCorpBondsSchedule
Name:
Jeffers Foundation
EIN:
20-2601947
Name of Bond End of Year Book Value End of Year Fair Market Value
AIR LEASE CORP FXD TO 062026 VAR THRAFTR 4.6500% 81,714 78,350
ALLY FINANCIAL INC FXD TO 052026 VAR THRAFTR 4.7000% 78,395 70,922
AMERICAN EXPRESS CO FXD TO 092026 VAR THRAFTR 3.5500% 75,010 84,603
BANK OF AMERICA CORP FXD TO 012027 VAR THRAFTR 4.375% 31,973 30,811
BANK OF AMERICA CORP FXD TO 032028 VAR THRAFTR 28,152 25,085
BANK OF AMERICA CORP FXD TO 042027 VAR THRAFTR 6.125% 66,367 65,549
BANK OF NEW YORK MELLON CO FXD TO 092026 VAR THRAFTR 30,860 30,298
BP CAPITAL MARKETS PLC FXD TO 032034 VAR THRAFTR 6.45 55,207 55,663
CAPITAL ONE FINANCIAL CORP FXD TO 092026 VAR THRAFTR 90,745 87,504
CHARLES SCHWAB CORP/THE FXD TO 062026 VAR THRAFTR 85,001 80,361
CHARLES SCHWAB CORP/THE FXD TO 122030 VAR THRAFTR 54,665 57,841
CITIGROUP INC FXD TO 052028 VAR THRAFTR 7.375% 66,000 68,208
CITIGROUP INC FXD TO 082029 VAR THRAFTR 7.125% 53,000 54,076
CITIGROUP INC FXD TO 082034 VAR THRAFTR 7% 45,394 47,456
DOMINION ENERGY INC FXD TO 042027 VAR THRAFTR 4.3500% 57,655 65,995
GOLDMAN SACHS GROUP INC/THE FXD TO 022029 VAR 16,000 16,875
GOLDMAN SACHS GROUP INC/THE FXD TO 052026 VAR 72,000 69,520
GOLDMAN SACHS GROUP INC/THE FXD TO 052029 VAR 28,000 29,265
HUNTINGTON BANCSHARES INC/OH FXD TO 072030 VAR THFTR 58,031 53,709
JPMORGAN CHASE & CO FXD TO 062026 VAR THRAFTR 3.65% 93,150 92,107
JPMORGAN CHASE & CO FXD TO 062029 VAR THRAFTR 6.875% 86,344 89,447
LINCOLN NATIONAL CORP FXD TO 032028 VAR THRAFTR 9.25% 39,973 42,614
PNC FIN SERVICES GROUP INC FXD TO 112026 VAR THRAFTR 70,470 66,907
STATE STREET CORP FXD TO 032029 VAR THRAFTR 6.7% 90,425 90,837
STATE STREET CORP FXD TO 092029 VAR THRAFTR 6.7000% 59,994 61,316
US BANCORP FXD TO 012027 VAR THRAFTR 3.7000% 30,995 29,318
US BANCORP FXD TO 042027 VAR THRAFTR 5.3000% 21,518 18,751
VOYA FINANCIAL INC FXD TO 092023 VAR THRAFTR 7.758% 75,008 73,693
WELLS FARGO & CO FXD TO 032026 VAR THRAFTR 3.9000% 69,072 64,099
WELLS FARGO & CO FXD TO 092028 VAR THRAFTR 7.625% 53,629 55,178
WELLS FARGO & CO FXD TO 092029 VAR THRAFTR 6.85% 40,778 40,254
TRANSCANADA TRUST FXD TO 032027 VAR THRAFTR 5.3000% 83,089 80,618

TY 2024 InvestmentsCorpStockSchedule
Name:
Jeffers Foundation
EIN:
20-2601947
Name of Stock End of Year Book Value End of Year Fair Market Value
AAON INC 1,218 5,675
ABBVIE INC COM 10,262 10,915
ABERCROMBIE & FITCH CO (ANF) 1,149 1,208
ACADEMY SPORTS & OUTDOORS INC (ASO) 969 992
ACCENTURE PLC IRELAND CL A (ACN) 3,663 4,381
ACUITY BRANDS INC (AYI) 864 1,345
ADOBE INC (ADBE) 1,127 2,849
ADTALEM GLOBAL EDUCATION INC (ATGE) 1,110 1,301
AGILYSYS INC (AGYS) 1,484 2,789
AGNC INVESTMENT CORP (AGNC) 1,131 1,087
AIRBNB INC CL A (ABNB) 2,871 2,789
ALARM COM HLDGS 1,723 2,391
ALCON INC 2,247 3,633
ALIBABA GROUP HLDG LTD (BABA) 4,664 5,306
ALLISON TRANSMN HLDGS INC (ALSN) 753 2,066
ALLY FINANCIAL INC (ALLY) 1,344 2,151
ALPHABET INC CL A (GOOGL) 13,509 14,677
AMAZON COM INC (AMZN) 5,839 23,475
AMENTUM HOLDINGS INC (AMTM) 2,353 2,187
AMERICA MOVIL SAB DE CV ADR (AMX) 4,943 4,951
AMERICOLD REALTY TRUST INC (COLD) 1,057 843
AMGEN INC (AMGN) 5,011 5,984
AMPHASTAR PHARMACEUTICALS INC (AMPH) 672 560
ANALOG DEVICES INC (ADI) 12,414 11,517
ANHUI CONCH CEMENT ADR (AHCHY) 5,674 3,365
ANSYS INC (ANSS) 1,522 3,390
APPFOLIO INC CL A (APPF) 2,913 4,848
APPLE INC (AAPL) 3,187 15,302
ARCHER DANIELS MIDLAND (ADM) 4,964 3,653
ARCHROCK INC (AROC) 747 1,085
ARROW ELECTRONICS (ARW) 1,158 1,112
ASE TECHNOLOGY HLDG CO LTD ADR (ASX) 5,595 7,875
ASHLAND INC COM (ASH) 979 733
ASML HOLDING NV NY REG NEW (ASML) 2,921 5,023
ASMPT LIMITED UNSPONSORD ADR (ASMVY) 3,370 3,269
ASSURANT INC (AIZ) 387 810
ASSURED GUARANTY LTD (AGO) 1,401 2,455
AT&T INC (T) 5,691 5,738
ATLASSIAN CORPORATION CL A (TEAM) 1,565 2,680
ASTMUS FLITRATION TECH 842 1,091
AVANTOR INC 1,436 1,160
AVNET INC 675 899
AXCELIS TECH 1,212 807
AXIS CAPITAL HOLDINGS 875 1,515
AXOS FINL INC 1,650 2,655
AZENTA INC 530 902
AZZ INC (AZZ) 824 864
BALCHEM CP (BCPC) 2,247 3,856
BANCO DO BRASIL SA SPON ADR (BDORY) 4,433 5,136
BANK OF AMERICA CORP (BAC) 13,410 18,371
BANK OF NEW YORK MELLON CORP (BK) 5,739 5,740
BARNES GROUP INCORPORATED (B) 478 453
BAXTER INTL INC (BAX) 4,110 3,353
BB SEGURIDADE PARTICIPACOES (BBSEY) 4,985 5,797
BEACON ROOFING SUPPLY INC (BECN) 2,221 2,778
BEAZER HOMES USA INC COM NEW (BZH) 633 593
BELLRING BRANDS INC (BRBR) 400 790
BGC GROUP INC CL A (BGC) 773 1,133
BIDVEST GROUP LTD SPONS ADR (BDVSY) 2,695 3,745
BIO RAD LAB A (BIO) 4,458 4,243
BIO-TEHNE CORP 4,945 7,707
BIOLIFE SOLUTIONS INC 849 759
BJS WHSL CLUB HLDGS 1,053 1,078
BLACKBAUD INC 2,732 2,672
BLACKLINE INC 1,016 1,758
BLACKROCK INC 8,399 13,663
BOYD GAMING CORP (BYD) 1,787 1,962
BRADY CL A (BRC) 669 905
BRIGHT HORIZONS FAMILY SOLUT (BFAM) 1,565 1,923
BRINK'S COMPANY COM (BCO) 909 1,217
BUILDERS FIRSTSOURCE INC (BLDR 563 1,676
CACTUS INC CLASS-A (WHD 397 481
CADENCE DESIGN SYSTEM (CDNS) 875 926
CADENCE DESIGN SYSTEM (CDNS) 2,581 3,131
CARLISLE CO INC (CSL) 489 703
CARMAX INC 3,171 3,895
CARS COM INC 1,449 1,413
CASELLA WASTE SYS INC CL A 2,499 3,360
CATALYST PHARMACEUTICALS INC (CPRX) 566 853
CBIZ INC (CBZ) 1,050 1,139
CBRE GROUP INC - A (CBRE) 2,276 6,187
CEMEX SAB DE CV (CX 4,925 4,535
CENTENE CORPORATION 3,259 3,096
CERTARA INC (CERT) 2,810 1,747
CHAMPIONX CORPORATION (CHX) 408 771
CHECK POINT SOFTWARE TECH LTD (CHKP) 1,214 1,876
CHEMED CORPORATION (CHE) 1,062 1,034
CHENIERE ENERGY INC NEW (LNG) 3,845 4,801
CHINA CONSTRUCTION BANK CORP (CICHY) 9,020 9,960
CHINA MERCHANTS BK CO LTD UNSP (CIHKY) 6,503 7,338
CHUBB LTD (CB) 6,452 7,342
CLARIVATE PLC (CLVT) 3,401 2,398
CME GROUP INC (CME) 7,005 7,824
CNH INDUSTRIAL N V (CNH) 1,115 930
COCA COLA CONSOLIDATED INC (COKE) 737 1,090
COGNIZANT TECH SOLUTIONS CL A (CTSH) 885 879
COLGATE PALMOLIVE CO (CL) 7,859 9,364
COLUMBIA BANKING SYSTEMS INC (COLB) 1,161 1,172
COMMERCIAL METALS CO (CMC) 3,491 3,280
CONAGRA BRANDS INC (CAG) 2,652 2,634
CONCENTRIX CORP (CNXC) 1,009 826
CONSTELLATION ENERGY CORP (CEG) 4,346 4,796
CONSTRUCTION PARTNERS INC C-A (ROAD) 2,331 6,720
CORPAY INC (CPAY) 2,870 4,289
COSTAR GROUP INC (CSGP) 5,177 6,500
CROCS INC (CROX) 909 768
CROWN CASTLE INC (CCI) 10,427 8,998
CROWN HLDGS INC (HOLDING CO) (CCK) 2,681 2,537
CURTISS WRIGHT CORP (CW) 529 1,976
DAVITA INC (DVA) 1,378 1,300
DELL TECHNOLOGIES INC CL C (DELL) 5,271 5,585
DESCARTES SYSTEMS GROUP INC (DSGX) 1,451 4,849
DIGI INTL INC (DGII) 1,505 1,566
DOLLAR GEN CORP NEW COM (DG) 1,532 1,261
DOLLAR TREE INC (DLTR) 2,324 2,026
DOMINION ENERGY INC (D) 3,822 4,237
DONALDSON CO INC (DCI) 1,082 1,480
DORMAN PRODUCTS, INC (DORM) 890 1,759
DOUBLEVERIFY HLDGS INC (DV) 2,433 1,511
EAST WEST BANCORP (EWBC) 1,221 2,385
EATON CORP PLC SHS (ETN) 9,405 12,352
ECHOSTAR CORP CL A (SATS) 1,745 680
ECOLAB INC (ECL) 4,017 7,005
ECOVYST INC 794 638
EDWARD LIFESCIENCES CORP (EW) 2,823 2,958
ELDORADO GOLD CORP (EGO) 516 806
ELEMENT SOLUTIONS INC (ESI) 981 897
ELI LILLY & CO (LLY) 2,322 4,619
EMCOR GROUP INC (EME) 481 2,399
ENACT HLDGS INC (ACT) 909 989
ENDAVA PLC ADR 2,850 1,498
ENERSYS (ENS) 1,672 1,586
ENGIE BRASIL ENERGIA SAADR 2,500 1,954
ENTEGRIS INC (ENTG) 2,381 2,161
EPLUS INC (PLUS) 1,083 2,016
EQUINIX INC (EQIX) 2,654 5,458
ESCO TECHNOLOGIES (ESE) 2,191 3,459
ESSENT GROUP LTD COM (ESNT) 1,274 1,640
ESSEX PROPERTY TRUST INC (ESS) 589 730
EVERCORE INC CLASS A (EVR) 537 1,795
EVEREST GROUP LTD (EG) 599 957
EVERGY INC (EVRG) 3,956 4,366
EVOLENT HEALTH INC CL A (EVH) 1,641 935
EXLSERVICE HLDGS INC (EXLS) 1,901 5,947
EXPONENT INC (EXPO) 2,054 4,009
EXXON MOBIL CORP (XOM) 11,883 14,199
FASTENAL CO (FAST) 455 1,384
FED AGRIC MTG NON VTG C (AGM) 897 1,864
FIDELITY NATIONAL FINANCIAL IN (FNF) 1,382 2,718
FIRST ADVANTAGE CORP (FA 1,156 1,495
FIRST AMERICAN FINL CORP (FAF) 1,266 1,361
FIRST CITIZ BANCSHARES A (FCNCA 710 3,506
FIRST INDUST REALTY TR INC (FR) 792 833
FIRSTCASH HLDGS INC (FCFS) 1,902 2,035
FIRSTSERVICE CORP (FSV) 1,128 1,366
FLEXTRONICS INTL LTD (FLEX) 404 2,163
FLOOR & DECOR HLDGS INC CL-A (FND) 2,112 2,583
FMC CORP NEW (FMC) 1,117 828
FOX FACTORY HOLDING CORP (FOXF) 854 652
FREEPORT-MCMORAN CL-B (FCX) 4,995 3,679
FRONTDOOR INC (FTDR) 1,289 2,220
FTI CONSULTING INC (FCN) 304 913
GAMING & LEISURE PPTYS INC COM (GLPI) 1,893 2,271
GAP INC (GAP) 1,023 1,098
GEN DIGITAL INC (GEN) 1,579 1,945
GENL DYNAMICS CORP (GD) 7,483 6,664
GLOBAL PAYMENT INC (GPN) 3,167 3,388
GLOBUS MEDICAL INC A (GMED) 2,851 4,606
GOLDMAN SACHS GRP INC (GS) 14,317 19,503
GOOSEHEAD INSURANCE INC CLAS A (GSHD) 2,803 5,634
GRAND CANYON ED INC COM (LOPE) 1,843 2,154
GRANITE CONSTR INC (GVA) 698 1,490
GRAPHIC PACKAGING HOLDING CO (GPK) 1,547 2,825
GREEK ORGANISATION OF FOOTBALL (GOFPY) 2,401 2,967
GRIFFON CORPORATION (GFF) 1,056 1,019
GROCERY OUTLET HLDG CORP (GO) 1,675 979
GRUPO FINANCIERO BANORTE SAB (GBOOY) 3,365 3,877
GUIDEWIRE SOFTWARE INC (GWRE) 1,668 3,999
HAEMONETICS CORP (HAE) 1,123 1,288
HALLIBURTON CO (HAL) 2,618 2,352
HALOZYME THERAPEUTICS INC 437 564
HAMILTON LANE CL A (HLNE 1,086 1,346
HANCOCK WHITNEY CORPORATION (HWC) 1,125 1,197
HEALTHEQUITY INC COM (HQY) 1,664 2,788
HEICO CORP CLASS A (HEI'A) 3,138 5,859
HENGAN INTL GROUP CO LTD ADR (HEGIY) 7,466 3,584
HENRY SCHEIN INC (HSIC) 2,449 2,464
HERITAGE COMMERCE CP (HTBK) 549 515
HF SINCLAIR CORPORATION (DINO) 2,884 3,088
HIMAX TECHNOLOGIES, INC. (HIMX) 4,967 3,602
HOME BANCSHARES INC (HOMB) 1,057 1,132
HOME DEPOT INC (HD) 14,014 17,063
HONEYWELL INTL INC (HON) 17,545 20,450
HUNTINGTON INGALLS INDUSTRIES (HII) 2,725 2,774
HURON CONSULTING GRP INC (HURN) 890 1,142
I3 VERTICALS INC COM CL A (IIIV) 1,601 1,485
IAC INC NEW (IAC) 3,603 2,478
ICON PLC (ICLR) 2,526 2,384
IDEX CORPORATION DELAWARE (IEX) 2,221 2,346
INFOSYS LIMITED ADR (INFY) 2,489 4,209
INGREDION INC COM (INGR) 639 9,048
INSTALLED BLDG PRODS INC (IBP) 790 636
INTERCONTINENTAL EXCHANGE INC (ICE) 1,329 1,755
INTERDIGITAL INC (IDCC) 612 2,053
INTUIT INC (INTU) 4,535 5,680
INTUITIVE SURGICAL INC (ISRG) 1,521 5,773
IQVIA HOLDINGS INC (IQV) 974 932
J&J SNACK FOODS (JJSF) 2,049 2,329
JACOBS SOLUTIONS INC (J) 1,544 1,897
JAZZ PHARMACEUTICALS PLC (JAZZ) 2,994 3,089
JBG SMITH PPTYS (JBGS) 3,257 1,844
JD COM INC SPON ADR CL A (JD) 3,165 4,160
JEFFERIES FINL GROUP INC (JEF) 446 1,111
JOHNSON & JOHNSON (JNJ) 18,178 15,764
JPMORGAN CHASE & CO (JPM) 12,613 22,655
KASIKORNBANK PUB CO LTD UNSPON (KPCPY) 2,718 3,448
KB FINANCIAL GRP INC SONS ADR (KB) 6,013 8,080
KBR INC (KBR) 1,050 888
KELLY SVCS A (KELYA) 1,490 990
KEMPER CORP DEL COM 1,082 1,064
KIMBERLY CLARK SPON ADR 4,616 4,024
KIMCO REALTY CORP MD (KIM) 1,064 1,190
KINDER MORGAN INCORP (KMI) 2,211 3,699
KINSALE CAP GROUP INC (KNSL 2,640 8,904
KNIFE RIV HLDG CO (KNF) 614 748
KONINKLIJKE PHIL EL SP ADR NEW (PHG) 1,290 1,501
KRAFT HEINZ CO COM (KHC) 4,007 3,839
KT CORP SPON ADR (KT) 3,761 4,268
LABCORP HOLDINGS INC (LH) 2,759 3,562
LAMAR ADVERTISING CO NEW CL A (LAMR) 704 967
LAMB WESTON HLDGS INC COM (LW) 1,439 1,032
LANTHEUS HLDGS INC COM (LNTH) 1,005 1,097
LAUREATE EDUCATION INC CL A (LAUR) 565 1,014
LEMAITRE VASCULAR INC (LMAT) 842 2,397
LENOVO GROUP LTD SPONS ADR (LNVGY) 6,323 8,616
LIBERTY BROADBAND CORP S-C (LBRDK 2,131 2,462
LIBERTY GLOBAL LTD CL A (LBTYA 1,548 1,952
LIFE HEALTHCARE GRP HLDGS LTD (LTGHY) 5,349 4,587
LITHIA MTRS INC (LAD) 893 1,904
LKQ CORPORATION (LKQ) 2,315 2,483
LPL FINL HLDGS INC COM (LPLA) 229 1,266
M&T BANK CORP (MTB) 7,414 8,058
MAGNITE INC (MGNI) 2,045 2,484
MARKEL GROUP INC (MKL) 7,236 10,687
MARSH & MCLENNAN COS INC (MMC) 3,400 4,517
MARTEN TRANSPORT LTD (MRTN) 1,427 1,592
MASCO CORP (MAS) 857 929
MATCH GROUP INC (MTCH) 2,957 2,744
MATSON INC COM (MATX) 708 731
MC DONALDS CORP (MCD) 5,465 5,775
MEDPACE HOLDINGS, INC. (MEDP) 2,130 1,926
MERCK & CO INC NEW COM (MRK) 7,658 6,634
MERITAGE HOME CORPORATION (MTH) 1,451 1,372
MESA LABORATORIES INC (MLAB) 1,222 944
META PLATFORMS INC CL A (META) 6,788 18,519
METHANEX CORPORATION (MEOH) 1,251 1,365
METTLER TOLEDO INTL (MTD) 3,554 3,381
MICROCHIP TECHNOLOGY INC (MCHP) 2,910 2,141
MICROSOFT CORP (MSFT) 4,092 20,477
MIDDLEBY CORP DEL (MIDD) 877 868
MOBILE TELESYSTEMS PUB JT ADR 4,472 1
MOL MAGYAR OLAJ GDR (MGYOY) 3,273 3,123
MOLINA HEALTHCARE INC (MOH) 1,193 1,111
MOLSON COORS BEVERAGE CO CL B (TAP) 1,971 2,019
MONOLITHIC PWR SYSTEMS INC (MPWR) 2,673 2,734
MONSTER BEVERAGE CORP NEW COM (MNST) 2,488 4,037
MOODYS CORP (MCO) 1,111 3,660
MSCI INC COM (MSCI) 2,498 3,053
NATL FUEL GAS CO (NFG) 1,792 1,906
NEDBANK GRP LTD SPON ADR (NDBKY 3,272 5,613
NEOGEN CORP (NEOG) 2,237 973
NETAPP INC COM (NTAP) 615 992
NETEASE.COM INC ADS (NTES) 6,359 6,167
NETFLIX INC (NFLX) 3,360 10,889
NEWS CORPORATION CL A (NWSA) 1,349 2,123
NEXSTAR MEDIA GROUP INC (NXST) 643 1,064
NEXTERA ENERGY INC (NEE) 7,406 7,241
NISOURCE INC (NI) 2,841 4,411
NOBLE CORP NEW A (NE) 1,060 822
NOMAD HLDGS LTD (NOMD) 1,048 1,049
NORTHROP GRUMMAN CP(HLDG CO) (NOC) 7,620 7,559
NOVANTA INC (NOVT) 2,524 3,890
NOVO NORDISK A/S ADR (NVO) 968 946
NV5 GLOBAL INC (NVEE) 1,788 1,135
NVIDIA CORPORATION (NVDA) 700 26,455
OGE ENERGY CORPORATION (OGE) 2,267 2,961
OLD DOMINION FREIGHT LINE (ODFL) 3,904 5,885
OLD NATL BANCORP IND (ONB) 878 1,254
OLLIES BARGAIN OUTLET HLDG INC (OLLI) 1,520 3,278
ONTO INNOVATION INC (ONTO) 2,719 5,373
OPTION CARE HEALTH INC (OPCH) 907 695
ORGANON & CO (OGN) 1,800 1,488
PALO ALTO NETWORKS INC (PANW) 716 5,479
PALOMAR HLDGS INC (PLMR) 728 1,097
PAYPAL HLDGS INC COM (PYPL) 4,999 5,220
PEAPACK GLADSTONE FIN CP (PGC) 697 736
PEDIATRIX MEDICAL GROUP INC (MD) 695 945
PENNYMAC FINL SVCS INC (PFSI) 1,517 1,779
PERFORMANCE FOOD GROUP CO (PFGC) 526 718
PERRIGO CO LTD (PRGO) 4,847 3,779
PETROLEO BRASILEIRO SA (PBR) 4,328 4,925
PING AN INSURANCE ADR (PNGAY) 6,912 5,406
PINNACLE FINCL PARTNERS INC (PNFP) 910 1,073
PJSC GAZPROM SPON ADR 3,161 1
PJSC LUKOIL SPONSORED ADR (LUKOY) 3,724 1
POST HOLDINGS INC (POST) 1,854 3,153
PREFERRED BANK COM STOCK NEW (PFBC) 1,090 1,323
PRIMO BRANDS CORPORATION CL A (PRMB) 1,051 1,138
PROCTER & GAMBLE (PG) 10,145 11,256
PROLOGIS INC COM (PLD) 10,553 9,834
PT ASTRA INTERNATIONAL TBK ADR (PTAIY) 5,591 3,952
PT BK MANDIRI PERSERO TBK UNSP (PPERY) 3,020 4,845
PT TELEKOMUNIKASI INDONESIA (TLK) 5,857 4,392
PT UNITED TRACTORS ADR (PUTKY) 3,966 3,251
QORVO INC COM (QRVO) 1,331 951
RBC BEARINGS INC (RBC) 2,349 5,098
RENAISSANCE RE HOLDINGS LTD (RNR) 1,153 1,711
REPLIGEN CP (RGEN) 3,465 3,810
RESIDEO TECHNOLOGIES INC (REZI) 854 1,026
RTX CORPORATION (RTX) 2,274 4,321
S&P GLOBAL INC COM (SPGI) 1,875 5,285
SALESFORCE INC (CRM) 5,446 8,335
SANLAM LTD ADR (SLLDY) 4,010 5,350
SBERBANK RUSSIA 4,210 1
SCHLUMBERGER LTD (SLB) 9,639 8,013
SELECT WATER SOLUTION INC CL A (WTTR) 541 896
SEMPRA (SRE) 8,494 9,912
SENSATA TECHNOLOGIES HLDG PLC (ST) 1,557 1,280
SHARKNINJA INC (SN) 774 1,512
SHERWIN WILLIAMS COMPANY OHIO (SHW) 13,481 17,894
SHIFT4 PMTS INC CL A (FOUR) 1,618 2,212
SHINHAN FINANCIAL GROUP CO LTD (SHG) 4,665 5,031
SINOPHARM GROUP CO LTD ADR (SHTDY) 4,788 5,498
SIRIUS XM HOLDINGS INC (SIRI) 3,187 2,440
SITEONE LANDSCAPE SUPPLY INC (SITE) 4,866 5,651
SIX FLAGS ENTERTAINMENT CORP (FUN) 1,063 1,265
SKECHERS U S A INC CL A (SKX) 1,178 1,212
SLM CORPORATION (SLM) 1,011 3,089
SOCIEDAD QUIMICA Y MINERA ADS (SQM) 3,733 2,124
SOUTHSTATE CORPORATION (SSB) 749 1,010
SPS COMMERCE INC (SPSC) 2,529 3,394
SPX TECHNOLOGIES INC (SPXC) 1,118 1,978
SS&C TECHNOLOGIES HLDGS INC (SSNC) 1,984 2,256
STAAR SURGICAL CO NEW (STAA) 735 612
STANDARD BANK GROUP LTD SPON (SGBLY) 4,165 4,971
STARBUCKS CORP WASHINGTON (SBUX) 7,207 7,281
STERLING INFRASTRUCTURE INC (STRL) 727 905
STEVEN MADDEN LTD (SHOO) 455 811
STRYKER CORP (SYK) 2,661 4,392
T-MOBILE US INC COM (TMUS) 5,982 9,395
TAIWAN SMCNDCTR MFG CO LTD ADR (TSM) 10,277 28,834
TALEN ENERGY CORP (TLN) 554 967
TARGET CORPORATION (TGT) 4,506 4,870
TAYLOR MORRISON HOME CORP CL A (TMHC) 1,295 1,288
TD SYNNEX CORPORATION (SNX) 3,070 4,219
TECHNIPFMC LTD (FTI) 1,155 1,294
TEGNA INC COM (TGNA) 1,196 1,289
TENCENT HLDGS LTD UNSPON ADR (TCEHY) 2,564 3,546
TERNIUM S.A. ADR (TX) 3,883 2,620
TESLA INC (TSLA) 2,668 5,804
TEXAS ROADHOUSE INC CL A (TXRH) 1,586 5,126
TEXTRON INC (TXT) 383 740
THE MOSAIC COMPANY (MOS) 4,315 3,540
THE SIMPLY GOOD FOODS COMPANY (SMPL) 1,842 1,932
THERMO FISHER SCIENTIFIC (TMO) 3,169 6,384
TINGYI CAYMAN ISLANDS HLDGS CO (TYCMY) 5,735 4,508
TKO GROUP HOLDINGS INC CL A (TKO 611 958
TRANSDIGM GROUP INC (TDG) 1,167 4,859
TREX COMPANY INC (TREX) 1,721 3,219
TRINET GROUP INC (TNET) 950 753
TWILIO INC CL A (TWLO) 990 1,694
TYLER TECHNOLOGIES INC (TYL) 1,595 3,963
TYSON FOODS INC CL A (TSN) 2,839 2,909
U F P TECH INC REST (UFPT 528 735
UBER TECHNOLOGIES INC (UBER) 2,087 3,908
ULTA BEAUTY INC (ULTA) 1,026 1,194
ULTRA CLEAN HOLDINGS INC (UCTT 1,000 951
UNILEVER PLC (NEW) ADS (UL 6,508 6,634
UNION PACIFIC CORP (UNP) 4,342 4,310
UNITEDHEALTH GP INC (UNH 12,441 19,182
UNIVERSAL HEALTH SERVICES B (UHS) 379 611
US FOODS HOLDING CORP (USFD) 2,286 3,873
VALE S.A (VALE) 5,894 4,302
VALMONT INDUSTRIES (VMI) 1,064 1,318
VALVOLINE INC COM (VVV) 1,484 1,352
VEEVA SYS INC CL A (VEEV) 5,337 6,749
VERALTO CORP (VLTO) 4,471 5,921
VERICEL CORP (VCEL) 1,383 1,894
VERISK ANALYTICS INC COM (VRSK) 1,359 1,683
VERTEX INC CL A (VERX) 1,278 2,197
VIATRIS INC (VTRS) 2,545 2,764
VIBRA ENERGIA SA ADR (PETRY) 3,655 2,796
VIPER ENERGY INC CL A (VNOM) 821 2,260
VISA INC CL A (V) 5,072 14,194
VODACOM GROUP LIMITED (VDMCY) 4,419 3,304
VONTIER CORPORATION (VNT) 2,332 2,809
VOYA FINL INC (VOYA) 1,666 1,787
VULCAN MATERIALS CO (VMC) 4,223 7,764
W W GRAINGER INC (GWW) 1,576 6,575
WALGREENS BOOTS ALLIANCE INC (WBA) 3,523 2,127
WARNER BROS DISCOVERY INC SER (WBD) 2,694 3,382
WASTE CONNECTIONS INC (WCN) 1,748 4,288
WD 40 COMPANY (WDFC) 1,183 1,569
WEATHERFORD INTL INC (WFRD) 878 1,131
WESCO INTL INC (WCC) 312 1,095
WEST PHARMACEUTICAL SVCS INC (WST) 4,585 4,629
WESTERN ALLIANCE BANCORP (WAL) 1,082 2,058
WHITE MOUNTAIN GRP BERMUDA (WTM) 560 788
WILLIS TOWERS WATSON PLC LTD (WTW) 1,178 1,729
WILLSCOT HLDGS CORP CL A (WSC) 670 791
WINTRUST FIN CORP (WTFC) 1,406 2,090
WNS HOLDINGS LIMITED (WNS) 4,658 3,175
WORKDAY INC CL A (WDAY) 4,485 5,253
WORLD KINECT CORPORATION (WKC) 1,213 1,393
ZIMMER BIOMET HLDGS INC COM (ZBH) 1,756 1,693
ZIONS BANCORPORATION N A (ZION) 1,275 1,356
ZOETIS INC CLASS-A (ZTS) 1,904 3,895
ADVANCED MICRO DEVICES(AMD) 6,645 22,225
ALPHABET INC CL A(GOOGL) 6,733 49,218
AMAZON COM INC(AMZN) 44,244 87,756
APPLE INC(AAPL) 3,977 35,810
ARES MANAGEMENT CORP - A(ARES) 45,420 53,109
AUTOMATIC DATA PROCESSING INC(ADP) 13,247 28,102
BERKSHIRE HATHAWAY CL-B NEW(BRK'B) 63,122 90,656
BLACKSTONE INC(BX) 6,116 35,001
BOEING CO(BA) 72,704 88,500
CHARLES SCHWAB NEW(SCHW) 8,114 14,210
CONSTELLATION ENERGY CORP(CEG) 53,359 44,742
CORNING INC(GLW) 7,454 16,965
COSTCO WHOLESALE CORP NEW(COST) 31,010 91,627
DEERE & CO(DE) 10,750 30,506
DELTA AIR LINES INC NEW(DAL) 11,453 21,780
DOORDASH INC CL A(DASH) 57,525 67,100
ELEVANCE HEALTH INC(ELV) 8,359 11,067
EOG RESOURCES INC(EOG) 19,004 24,516
EXXON MOBIL CORP(XOM) 74,376 129,084
FERRARI N V(RACE) 45,511 42,484
GE VERNOVA INC(GEV) 53,238 65,786
GILEAD SCIENCE(GILD) 30,163 36,948
HOME DEPOT INC(HD) 63,982 77,798
HONEYWELL INTL INC(HON) 30,363 45,178
INARI MEDICAL INC(NARI) 28,741 25,525
JOHNSON & JOHNSON(JNJ) 12,607 12,148
MC DONALDS CORP(MCD) 9,124 13,915
META PLATFORMS INC CL A(META) 12,583 35,131
MICROSOFT CORP(MSFT) 4,609 40,464
NETFLIX INC(NFLX) 88,731 445,660
NORTHROP GRUMMAN CP(HLDG CO)(NOC) 54,165 70,394
NVIDIA CORPORATION(NVDA) 50,482 134,290
PALO ALTO NETWORKS INC(PANW) 51,951 72,784
ROCKWELL AUTOMATION INC(ROK) 49,112 71,448
SALESFORCE INC(CRM) 68,332 167,165
SCHLUMBERGER LTD(SLB) 48,994 38,340
SHERWIN WILLIAMS COMPANY OHIO(SHW) 12,874 24,475
STARBUCKS CORP WASHINGTON(SBUX) 4,819 10,859
STRYKER CORP(SYK) 55,059 72,010
THE CIGNA GROUP(CI) 59,123 55,228
THERMO FISHER SCIENTIFIC(TMO) 5,212 21,345
UBER TECHNOLOGIES INC(UBER) 54,565 42,224
UNION PACIFIC CORP(UNP) 4,463 10,946
VISA INC CL A(V) 19,638 30,340
WALT DISNEY CO HLDG CO(DIS) 46,583 55,675
WESTERN DIGITAL CORPORATION(WDC) 59,920 59,614

TY 2024 InvestmentsOtherSchedule2
Name:
Jeffers Foundation
EIN:
20-2601947
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ARES CAPITAL CORP (ARCC) AT COST 1,089 1,151
BLUE OWL CAPITAL CORPORATION (OBDC) AT COST 1,274 1,261
SPDR BLOOMBERG 1-3 MONTH T-B (BIL) AT COST 2,098 2,095
Walgreens Boots Alliance Inc AT COST 24,283 17,857
Brunswick Corp AT COST 20,000 19,656
BOAA 3005-10 AT COST 24,723 18,122
CSFB MTG PTC AT COST 103,145 76,489
CWALT 2005 AT COST 59,910 34,222
CWHL 2005 AT COST 50,226 28,089
CMSI 2006 AT COST 36,592 34,932
BOAMS 2006 AT COST 6,216 5,398

TY 2024 LegalFeesSchedule
Name:
Jeffers Foundation
EIN:
20-2601947
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 27,120 0   27,120


TY 2024 OtherAssetsSchedule
Name:
Jeffers Foundation
EIN:
20-2601947
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Escrow on Improvements 54,050 54,050 54,050


TY 2024 OtherExpensesSchedule
Name:
Jeffers Foundation
EIN:
20-2601947
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Office expenses 18,998 0   18,998
Insurance 5,484 0   5,484
Mortgage Pool Expenses 1,905 1,905   0
Workshops 6,614 0   6,614
Contract Services 300 0   300


TY 2024 OtherIncomeSchedule2
Name:
Jeffers Foundation
EIN:
20-2601947
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Reimbursement for Journal 817   817


TY 2024 OtherProfessionalFeesSchedule
Name:
Jeffers Foundation
EIN:
20-2601947
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Fees 43,195 43,195   0
Advisory Directors 5,850 0   5,850


TY 2024 TaxesSchedule
Name:
Jeffers Foundation
EIN:
20-2601947
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Real Estate Taxes 34,027 34,027   0
Payroll Tax 21,435 0   21,435