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 JAMES FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 606
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
AUBURN, IN46706
A Employer identification number

45-2195649
B Telephone number (see instructions)

(260) 333-7500
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$21,753,302J 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) 7,000,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 582,337 582,337  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 916,442
b Gross sales price for all assets on line 6a 3,411,075
7 Capital gain net income (from Part IV, line 2)... 916,442
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
22,204 0 0
12 Total. Add lines 1 through 11........ 8,520,983 1,498,779 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 120,000 19,800 0 100,200
14 Other employee salaries and wages...... 69,388 11,449 0 57,939
15 Pension plans, employee benefits....... 18,521 3,056 0 15,465
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
24,500 0 0 24,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
52,226 52,226 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
10,126 10,126 0 0
19 Depreciation (attach schedule) and depletion... 59,240 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
74,507 0 0 4,231
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 428,508 96,657 0 202,335
25 Contributions, gifts, grants paid....... 11,691,680 11,691,680
26 Total expenses and disbursements. Add lines 24 and 25 12,120,188 96,657 0 11,894,015
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,599,205
b Net investment income (if negative, enter -0-) 1,402,122
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 16,722 20,551 20,551
2 Savings and temporary cash investments......... 3,528,119 624,048 624,048
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)      
b Investments—corporate stock (attach schedule)....... 6,791,102 Click to see attachment
List of Attached Documents:
// Content
5,290,330 		13,373,181
c Investments—corporate bonds (attach schedule)....... 5,648,409 Click to see attachment
List of Attached Documents:
// Content
6,509,458 		6,443,596
11 Investments—land, buildings, and equipment: basis right arrow1,789,917
Less: accumulated depreciation (attach schedule) right arrow497,991 1,351,166 1,291,926 1,291,926
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,335,518 13,736,313 21,753,302
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 17,335,518 13,736,313
29 Total net assets or fund balances (see instructions)..... 17,335,518 13,736,313
30 Total liabilities and net assets/fund balances (see instructions). 17,335,518 13,736,313
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
17,335,518
2
Enter amount from Part I, line 27a .....................
2
-3,599,205
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
13,736,313
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
13,736,313
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 SALES TOTAL PER STMT   2001-01-01 2024-12-31
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,411,075   2,494,633 916,442
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       916,442
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 916,442
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 0
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 19,489
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 19,489
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 19,489
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 22,268
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 22,268
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 117
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 2,662
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow2,662 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 arrowIN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.THEJAMESFOUNDATION.ORG
14
The books are in care ofright arrowFRANK STAUDINGER Telephone no.right arrow (260) 920-2114

Located atright arrowPO BOX 606AUBURNIN ZIP+4right arrow46706
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)
Yes
 
(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)
Yes
 
(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
 
No
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
RICK JAMES CHAIRMAN
1.00 		0 0 0
PO BOX 606
AUBURN,IN46706
VICKI JAMES PRESIDENT
1.00 		0 0 0
PO BOX 606
AUBURN,IN46706
STEPHANIE FOOTE VICE PRESIDENT
1.00 		0 0 0
PO BOX 606
AUBURN,IN46706
JEFFREY TURNER SECRETARY
1.00 		0 0 0
PO BOX 606
AUBURN,IN46706
MATT FETTER DIRECTOR
1.00 		0 0 0
PO BOX 606
AUBURN,IN46706
JESSICA BUSS DIRECTOR
1.00 		0 0 0
PO BOX 606
AUBURN,IN46706
KENDRA KLINK EXECUTIVE DIRECTOR
40.00 		120,000 18,521 0
PO BOX 606
AUBURN,IN46706
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
LAKE CITY BANK INVESTMENT FEES 52,226
PO BOX 1387
WARSAW,IN46581
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  
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
19,789,867
b
Average of monthly cash balances.......................
1b
997,648
c
Fair market value of all other assets (see instructions)................
1c
1,291,926
d
Total (add lines 1a, b, and c).........................
1d
22,079,441
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
22,079,441
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
331,192
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
21,748,249
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,087,412
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,087,412
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
19,489
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
19,489
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,067,923
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,067,923
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
1,067,923
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
11,894,015
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
11,894,015
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 1,067,923
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...... 2,521,077
b From 2020...... 4,382,602
c From 2021...... 4,160,450
d From 2022...... 9,911,392
e From 2023...... 10,713,658
f Total of lines 3a through e ........ 31,689,179
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 11,894,015
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 1,067,923
e Remaining amount distributed out of corpus 10,826,092
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 42,515,271
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) ... 		2,521,077
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		39,994,194
10 Analysis of line 9:
a Excess from 2020.... 4,382,602
b Excess from 2021.... 4,160,450
c Excess from 2022.... 9,911,392
d Excess from 2023.... 10,713,658
e Excess from 2024.... 10,826,092
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).)
RICK JAMES
VICKI JAMES
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:
THE JAMES FOUNDATION INC
PO BOX 606
AUBURN,IN46706
(260) 333-0068
bThe form in which applications should be submitted and information and materials they should include:
PLEASE VISIT WWW.THEJAMESFOUNDATION.ORG TO DOWNLOAD AND FILL OUT THE JAMES FOUNDATION PRELIMINARY GRANT APPLICATION.
cAny submission deadlines:
N/A
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
N/A
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
ALEX LEON - INDIANA UNIVERSITY BLOO


OFFICE OF THE BURSAR POPLARS
BUILDING 400 EAST 7TH STREET
BLOOMINGTON,IN46405 		NONE I SCHOLARSHIP 2,500
ALI OHELMACHER - UNIVERSITY OF SAIN


FINANCIAL AID OFFICE 2701 SPRING
STREET
FORT WAYNE,IN46808 		NONE I SCHOLARSHIP 2,500

AMANI FAMILY SERVICES

5104 NORTH CLINTON STREET
FORT WAYNE,IN46825 		N/A PC CLIENT SUCCESS PROGRAMMING 50,000

ARTS UNITED

300 EAST MAIN STREET
FORT WAYNE,IN46802 		N/A PC ARTS RESILIENCY FUND 1,000,000

AUBURN COMMUNITY BAND

1400 DAVIDSON COURT
AUBURN,IN46706 		N/A PC EXPENSES FOR MUSIC AND VENUES FOR 2023 SEASON 1,000

AUBURN FIRE FIGHTERS ASSOCIATION

P O BOX 461
AUBURN,IN46706 		N/A PC FIREFIGHTER SCHOLARSHIP FUND 1,000

AUBURN PARKS AND RECREATION DEPARTMENT

P O BOX 506
AUBURN,IN46706 		N/A PC SPARK GIFT TO LAUNCH CANS FOR CONSTRUCTION PROJECT 500

AUBURN POLICE DEPARTMENT

210 SOUTH CEDAR STREET FIRST FLOOR
CITY HALL
AUBURN,IN46706 		N/A PC SPARK GIFT TO LAUNCH CANS FOR CONSTRUCTION PROJECT 500

AUBURN PRESBYTERIAN CHURCH

111 WEST 12TH STREET
AUBURN,IN46706 		N/A PC SPARK GIFT TO LAUNCH CANS FOR CONSTRUCTION PROJECT 500
BAYLEE DOSTER - WESTERN GOVERNORS U


DEPARTMENT 227 PO BOX 30015
SALT LAKE CITY,UT84130 		NONE I SCHOLARSHIP 2,500
BAYLIE DONALDSON - INDIANA UNIVERSI


IU FORT WAYNE PAYMENT CENTER P O
BOX 6020
INDIANAPOLIS,IN46206 		NONE I SCHOLARSHIP 2,500
BREYTDEN WEICHT - PENN FOSTER


B2B AR TEAM 200 HICKORY STREET
SCRENTON,PA48505 		NONE I SCHOLARSHIP 1,499

BRIDGE OF GRACE

5102 GAYWOOD DRIVE
FORT WAYNE,IN46806 		N/A PC HOPE UNLEASED CAPITAL CAMPAIGN 525,000

BRIDGE OF GRACE

5100 GAYWOOD DRIVE
FORT WAYNE,IN46806 		N/A PC EARLY LEARNING CENTER OPERATIONS 50,000
CADEN OSBORN - TAYLOR UNIVERSITY


OFFICE OF STUDENT ACCOUNTS 236 WEST
READE AVENUE
UPLAND,IN46989 		NONE I SCHOLARSHIP 2,500

CANTERBURY SCHOOL

5601 COVINGTON RD
FORT WAYNE,IN46804 		N/A GOV FINE ARTS CAMPAIGN 1,000,000
CLARE SEXTON - BALL STATE UNIVERSIT


FINANCIAL AID SCHOLARSHIPS LUCINA
HALL ROOM 245
MUNCIE,IN46306 		NONE I SCHOLARSHIP 2,500
CODY BICKLEY - TRINE UNIVERSITY


ONE UNIVERSITY AVENUE
ANGOLA,IN46703 		NONE I SCHOLARSHIP 5,000

COMMUNITY FOUNDATION OF DEKALB

700 SOUTH MAIN STREET P O BOX 111
AUBURN,IN46706 		N/A PC FUNDING FOR TRANSFORMING COMMUNITIES / LILLY ENDOWMENT MATCH 50,000

COMMUNITY HARVEST FOOD BANK

999 EAST TILLMAN ROAD
FORT WAYNE,IN46816 		N/A PC PROGRAM AND OPERATIONS SUPPORT 50,000
CONNOR PENROD - INDIANA UNIVERSITY


OFFICE OF THE BURSAR POPLARS
BUILDING 400 EAST 7TH STREET
BLOOMINGTON,IN46405 		NONE I SCHOLARSHIP 2,500
CORBIN WHITE - GLEN OAKS COMMNITY C


ATTN FINANCIAL AID OFFICE 62249
SHIMMEL ROAD
CENTREVILLE,MI49032 		NONE I SCHOLARSHIP 2,500

DEKALB CENTRAL FOUNDATION

3326 COUNTY ROAD 427
WATERLOO,IN46793 		N/A PC DEKALB CENTRAL EARLY LEARNING - PRESCHOOL PROGRAMMING 425,000

DEKALB COUNTY COMMUNITY ORCHESTRA

700 SOUTH MAIN STREET
AUBURN,IN46706 		N/A PC PROGRAM SUPPORT 7,000

DEKALB HIGH SCHOOL FOUNDATION

6424 COUNTY ROAD 427
WATERLOO,IN46793 		N/A PC SPARK GIFT TO LAUNCH CANS FOR CONSTRUCTION PROJECT 500
DOMINIC WEICHT - UNOH


ATTN CASHIERS OFFICE 1441 NORTH
CABLE ROAD
LIMA,OH45805 		NONE I SCHOLARSHIP 2,500

DOWN SYNDROME ASSOCIATION

P O BOX 13611
FORT WAYNE,IN46865 		N/A PC BUDDY WALK SPONSORSHIP 1,500

EARLY CHILDHOOD ALLIANCE

516 EAST WAYNE STREET
FORT WAYNE,IN46802 		N/A PC SPARK A FUTURE SPONSORSHIP 2,500
ELMERIA STUTZMAN - TRINE UNIVERSITY


ONE UNIVERSITY AVENUE
ANGOLA,IN46703 		NONE I SCHOLARSHIP 5,000
EMMA WELBAUM - UNIVERSITY OF SAINT


FINANCIAL AID OFFICE 2701 SPRING
STREET
FORT WAYNE,IN46808 		NONE I SCHOLARSHIP 5,000

EUELL A WILSON CENTER

1512 OXFORD STREET
FORT WAYNE,IN46806 		N/A PC PROGRAMMING SUPPORT 10,000

FELLOWSHIP OF CHRISTIAN ATHLETES

578 GEIGER DRIVE SUITE A1
ROANOKE,IN46783 		N/A PC ANNUAL PROGRAMMING SUPPORT 20,000

FIRST UNITED METHODIST CHURCH

1203 EAST SEVENTH STREET
AUBURN,IN46706 		N/A PC SPARK GIFT TO LAUNCH CANS FOR CONSTRUCTION PROJECT 500

FORT WAYNE CHILDREN'S CHOIR

2101 EAST COLISEUM BOULEVARD
BUILDING E
FORT WAYNE,IN46805 		N/A PC SCHOLARSHIP SUPPORT FOR PARTICIPANTS 25,000

FORT WAYNE CHILDREN'S ZOO

3411 SHERMAN BLVD
FORT WAYNE,IN46808 		N/A PC GENERAL OPERATING SUPPORT 160,500

FORT WAYNE HISTORY CENTER

302 E BERRY ST
FORT WAYNE,IN46802 		N/A PC K-12 SCHOOL ADMISSIONS 5,000

FORT WAYNE PARKS DEPARTMENT

705 E STATE BLVD
FORT WAYNE,IN46805 		N/A PC PARK RENOVATION FUND 750,000

FORT WAYNE PHILHARMONIC

4901 FULLER DRIVE SUITE 3B
FORT WAYNE,IN46835 		N/A PC SPONSORSHIP SUPPORT 265,000
GABRIELLE HEIMANN - HOPE COLLEGE


100 EAST 8TH STREET SUITE 280
HOLLAND,MI49423 		NONE I SCHOLARSHIP 2,500

GARRETT MUSEUM OF ART

100 SOUTH RANDOLPH STREET
GARRETT,IN46738 		N/A PC SPECIAL EXHIBIT / TRAVELING EXHIBIT FUND 25,000

GIRL SCOUTS OF NORTHERN INDIANA-MICHIANA

10008 DUPONT CIRCLE DRIVE EAST
FORT WAYNE,IN46706 		N/A PC SPARK GIFT TO LAUNCH CANS FOR CONSTRUCTION PROJECT 500
GRACE MCCLAIN - ROCK VALLEY COMMUNI


FINANCIAL AID OFFICE 3301 NORTH
MULFORD ROAD
ROCKFORD,IL61114 		NONE I SCHOLARSHIP 2,500
HALLIE MCCOY - GLEN OAKS COMMNITY C


ATTN FINANCIAL AID OFFICE 62249
SHIMMEL ROAD
CENTREVILLE,MI49032 		NONE I SCHOLARSHIP 2,500

HOOSIERS FEEDNG THE HUNGRY

4490A IN 327
GARRETT,IN46738 		N/A PC MEAT THE NEED 5,000

HUMANE FORT WAYNE

4914 HANNA ST
FORT WAYNE,IN46806 		N/A PC CAPITAL CAMPAIGN SUPPORT 10,000
JACQUELYN DAVENPORT - INDIANA WESLE


OFFICE OF FINANCIAL AID 1886 WEST
50TH STREET
MARION,IN46953 		NONE I SCHOLARSHIP 5,000
JADE MICHAEL - INDIANA UNIVERSITY B


OFFICE OF THE BURSAR POPLARS
BUILDING 400 EAST 7TH STREET
BLOOMINGTON,IN46405 		NONE I SCHOLARSHIP 2,500

JAMES R WATSON WALKRUN

901 ECKHART AVENUE
AUBURN,IN46706 		N/A PC COLOR RUN SPONSORSHIP 500

KENDALLVILLE RESTORATION INC

415 KRUEGER ST
KENDALLVILLE,IN46755 		N/A PC APPROVED FUTURE GRANT 100,000
MADILYN MALCOM - PURDUE FORT WAYNE


3800 NORTH ANTHONY BOULEVARD
FORT WAYNE,IN46805 		NONE I SCHOLARSHIP 5,000
MADISON HAYNES - PURDUE UNIVERSITY


OFFICE OF BURSAR SCHLEMAN HALL -
ROOM 305 475 STADIUM MALL DRIVE
WEST LAFAYETTE,IN47907 		NONE I SCHOLARSHIP 2,500
MADISON SCHULTIS - HUNTINGTON UNIVE


OFFICE OF FINANCIAL AID 2303
COLLEGE AVENUE
HUNTINGTON,IN46750 		NONE I SCHOLARSHIP 5,000

MAKE A WISH FOUNDATION INDIANA

6201 CORPORATE DR 100
INDIANAPOLIS,IN46278 		N/A PC APPROVED FUTURE GRANT 100,000

MLK MONTESSORI

6001 SOUTH ANTHONY BOULEVARD
FORT WAYNE,IN46816 		N/A PC PROGRAMMING SUPPORT 10,000
MORGAN BROOKS - IVY TECH


BURSARS OFFICE 3800 NORTH ANTHONY
BOULEVARD
FORT WAYNE,IN46805 		NONE I SCHOLARSHIP 2,500
MORGAN LESLIE - IUPUI


P O BOX 6035 420 UNIVERSITY
BOULEVARD SUITE CE264
INDIANAPOLIS,IN46202 		NONE I SCHOLARSHIP 2,500

NATIONAL PARKS FOUNDATION

1500 K STREET NW SUITE 700
WASHINGTON,DC20005 		N/A PC UNRESTRICTED 3,000,000

NATIONAL PARKS FOUNDATION

1500 K STREET NW SUITE 700
WASHINGTON,DC20005 		N/A PC YOUTH EMPOWERMENT STEWARDS SERVICE CORPS. 125,000

NATIONAL PARKS FOUNDATION

1500 K STREET NW SUITE 700
WASHINGTON,DC20005 		N/A PC LINCOLN MEMORIAL 1,500,000

NEIGHBORHOOD HEALTH CLINIC

1717 SOUTH CALHOUN STREET
FORT WAYNE,IN46802 		N/A PC APPROVED FUTURE GRANT 200,000
NOLAN HATHAWAY - TRINE UNIVERSITY


ONE UNIVERSITY AVENUE
ANGOLA,IN46703 		NONE I SCHOLARSHIP 2,500

PLEIN AIR ART PAINTERS GUILD

8221 CHAPEL HILL PLACE
FORT WAYNE,IN46825 		N/A PC SPONSORSHIP SUPPORT 1,000

QUESTA FOUNDATION

6502 CONSTITUTION DRIVE
FORT WAYNE,IN46804 		N/A PC SCHOLARSHIP SUPPORT 110,000

RAISE UP BANQUET

12616 SPENCERVILLE ROAD
HARLAN,IN46743 		N/A PC BANQUET SPONSORSHIP 1,000

SCAN

500 WEST MAIN STREET
FORT WAYNE,IN46802 		N/A PC PROGRAMMING SUPPORT 50,000

SEXUAL ASSAULT TREATMENT CENTER

1420 KERRWAY COURT
FORT WAYNE,IN46805 		N/A PC WARM & COZY SPONSORSHIP 2,500

ST JOSEPH HEALTH FOUNDATION

347 BERRY STREET SUITE 101
FORT WAYNE,IN46802 		N/A PC BUILDING BETTER BOARDS - NORTHEAST FUNDERS COLLABORATIVE INITIATIVE 4,681

ST MARTIN'S CLINIC

1359 SOUTH RANDOLPH STREET
GARRETT,IN46738 		N/A PC MOBILE CARE UNIT 50,000

STILLWATER HOSPICE

5910 HOMESTEAD ROAD
FORT WAYNE,IN46814 		N/A PC EMPLOYEE EDUCATION FUND 12,500
SULLIVAN KESSLER - IU SOUTH BEND


BURSARS OFFICE 1700 MISHAWAKA
AVENUE
SOUTH BEND,IN46634 		NONE I SCHOLARSHIP 5,000

SUMMIT EQUESTRIAN CENTER

10808 LACABREAH LANE
FORT WAYNE,IN46745 		N/A PC CAVALRY PROGRAM FOR VETERANS 75,000
SYDNEY WEAVER - IU FORT WAYNE


IU FORT WAYNE PAYMENT CENTER P O
BOX 6020
INDIANAPOLIS,IN462066026 		NONE I SCHOLARSHIP 2,500

THE ARC OF NORTHEAST INDIANA (EASTERSEALS RISE)

4919 COLWATER ROAD
FORT WAYNE,IN46825 		N/A PC APPROVED FUTURE GRANT 120,000

THE BRANDON FOUNDATION

3029 E PAULDING RD
FORT WAYNE,IN46816 		N/A PC CAPITAL CAMPAIGN SUPPORT 100,000

THE RESCUE MISSION

404 EAST WASHINGTON BOULEVARD
FORT WAYNE,IN46802 		N/A PC OPERATIONAL AND PROGRAMMING SUPPORT FOR CHARIS HOUSE 75,000

THE SCHOOL CARE TEAM

116 EAST BERRY STREET SUITE 1300
FORT WAYNE,IN46802 		N/A PC SUPPORT FOR SCHOOL CARE TEAM STUDENT ADVISORY BOARD 75,000

TRI KAPPA

P O BOX 445
AUBURN,IN46706 		N/A PC PINK OUT FUND 500

TRINE UNIVERSITY

ONE UNIVERSITY AVENUE
ANGOLA,IN46703 		N/A PC COLLEGE HEALTH PROFESSIONS 1,000,000

TRINE UNIVERSITY

ONE UNIVERSITY AVENUE
ANGOLA,IN46703 		N/A PC SCHOLARSHIPS 300,000
VALENCIA PLACENCIA - TAYLOR UNIVERS


OFFICE OF STUDENT ACCOUNTS 236 WEST
READE AVENUE
UPLAND,IN46989 		NONE I SCHOLARSHIP 5,000

VETERANS NATIONAL MAMORIAL SHRINE AND MUSEUM

2122 O DAY RD
FORT WAYNE,IN46818 		N/A PC OPERATIONAL SUPPORT FOR EXECUTIVE DIRECTOR 50,000

YWCA NORTHEAST INDIANA

5920 DECATUR ROAD
FORT WAYNE,IN46816 		N/A PC DOMESTIC VIOLENCE PROGRAMMING 85,000
ZACKARY WALL - IVY TECH


BURSARS OFFICE 3800 NORTH ANTHONY
BOULEVARD
FORT WAYNE,IN46805 		NONE I SCHOLARSHIP 5,000

FORT WAYNE PHILHARMONIC

4901 FULLER DRIVE SUITE 3B
FORT WAYNE,IN46835 		N/A PC GENERAL OPERATIONS 8,000

ELKHART LIBRARY

300 S SECOND ST
ELKHART,IN45616 		N/A PC GENERAL OPERATIONS 3,000
Total .................................right arrow 3a 11,691,680
bApproved for future payment

ARTS UNITED
300 EAST MAIN STREET
FORT WAYNE,IN46802 		N/A PC A SOARING VISIONS CAMPAIGN - ADDITIONAL GIFT 500,000

BRIDGE OF GRACE
5100 GAYWOOD DRIVE
FORT WAYNE,IN46806 		N/A PC EARLY LEARNING CENTER OPERATIONS AND SCHOLARSHIP FUND 400,000

CANTERBURY SCHOOL
5601 COVINGTON RD
FORT WAYNE,IN46804 		N/A PC FINE ARTS CAMPAIGN 3,000,000

COMMUNITY HARVEST FOOD BANK
999 EAST TILLMAN ROAD
FORT WAYNE,IN46816 		N/A PC PROGRAM AND OPERATIONS SUPPORT 150,000

DEKALB CENTRAL FOUNDATION
3326 COUNTY ROAD 427
WATERLOO,IN46793 		N/A PC PRESCHOOL PROGRAMMING 2,125,000

DEKALB COUNTY COMMUNITY ORCHESTRA
700 SOUTH MAIN STREET
AUBURN,IN46706 		N/A PC PROGRAM SUPPORT 7,000

EUELL A WILSON CENTER
1512 OXFORD STREET
FORT WAYNE,IN46806 		N/A PC PROGRAMMING SUPPORT 10,000

FORT WAYNE CHILDREN'S CHOIR
2101 EAST COLISEUM BOULEVARD
BUILDING E
FORT WAYNE,IN46805 		N/A PC SCHOLARSHIP SUPPORT FOR PARTICIPANTS 25,000

FORT WAYNE HISTORY CENTER
302 E BERRY ST
FORT WAYNE,IN46802 		N/A PC K-12 SCHOOL ADMISSIONS 5,000

FORT WAYNE PHILHARMONIC
4901 FULLER DRIVE SUITE 3B
FORT WAYNE,IN46835 		N/A PC MUSIC IS FUNDEMENTAL 800,000

GARRETT MUSEUM OF ART
100 SOUTH RANDOLPH STREET
GARRETT,IN46738 		N/A PC SPECIAL EXHIBIT / TRAVELING EXHIBIT FUND 50,000

HUMANE FORT WAYNE
4914 HANNA ST
FORT WAYNE,IN46806 		N/A PC CAPITAL CAMPAIGN SUPPORT 30,000

KENDALLVILLE RESTORATION INC
415 KRUEGER ST
KENDALLVILLE,IN46755 		N/A PC PROGRAMMING / OPERATIONS SUPPORT 200,000

MAKE A WISH FOUNDATION INDIANA
6201 CORPORATE DR 100
INDIANAPOLIS,IN46278 		N/A PC WISH SUPPORT - INDIANA 400,000

MLK MONTESSORI
6001 SOUTH ANTHONY BOULEVARD
FORT WAYNE,IN46816 		N/A PC PROGRAMMING SUPPORT 10,000

NATIONAL PARKS FOUNDATION
1500 K STREET NW SUITE 700
WASHINGTON,DC20005 		N/A PC UNRESTIRCTED 6,250,000

NEIGHBORHOOD HEALTH
1500 K STREET NW SUITE 700
WASHINGTON,DC20005 		N/A PC OXFORD STREET PROJECT 800,000

QUESTA FOUNDATION
6502 CONSTITUTION DRIVE
FORT WAYNE,IN46804 		N/A PC SCHOLARSHIP SUPPORT 110,000

SCAN
500 WEST MAIN STREET
FORT WAYNE,IN46802 		N/A PC PROGRAMMING SUPPORT 50,000

SUMMIT EQUESTRIAN CENTER
10808 LACABREAH LANE
FORT WAYNE,IN46745 		N/A PC CAVALRY PROGRAM FOR VETERANS 75,000

THE ARC OF NORTHEAST INDIANA (EASTERSEALS RISE)
4919 COLWATER ROAD
FORT WAYNE,IN46825 		N/A PC ESPORTS / TRINE COLLABORATION 144,000

THE BRANDON FOUNDATION
3029 E PAULDING RD
FORT WAYNE,IN46816 		N/A PC CAPITAL CAMPAIGN SUPPORT 300,000

THE RESCUE MISSION
404 EAST WASHINGTON BOULEVARD
FORT WAYNE,IN46802 		N/A PC OPERATIONAL AND PROGRAMMING SUPPORT FOR CHARIS HOUSE 75,000

TRINE UNIVERSITY
ONE UNIVERSITY AVENUE
ANGOLA,IN46703 		N/A PC SCHOLARSHIPS 1,500,000

TRINE UNIVERSITY
ONE UNIVERSITY AVENUE
ANGOLA,IN46703 		N/A PC COLLEGE HEALTH PROFESSIONS 3,000,000

VINCENT VILLAGE
2827 HOLTON AVE
FORT WAYNE,IN46806 		N/A PC CAPITAL CAMPAIGN SUPPORT 2,000,000

YWCA NORTHEAST INDIANA
5920 DECATUR ROAD
FORT WAYNE,IN46816 		N/A PC DOMESTIC VIOLENCE PROGRAMMING 85,000

GROWING LIVES FOUNDATION
3320 FAIRFIELD AVE
FORT WAYNE,IN46807 		N/A PC GENERAL OPERATION 125,000
Total ................................. right arrow 3b 22,226,000
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 ........... 		         
4 Dividends and interest from securities ....     14 582,337  
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 ............ 		    18 916,442  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRETURN OF PREVIOUS YEARS GRANTS 		    01 22,204  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,520,983 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,520,983
(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 JAMES FOUNDATION INC
 
Employer identification number

45-2195649
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 JAMES FOUNDATION INC
  		Employer identification number
45-2195649
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
RICK AND VICKI JAMES
1401 S GRANDSTAFF DRIVE
 
AUBURN, IN46706

$ 7,000,000


(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 JAMES FOUNDATION INC
  		Employer identification number

45-2195649
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 JAMES FOUNDATION INC
  		Employer identification number

45-2195649
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 JAMES FOUNDATION INC
EIN:
45-2195649
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 24,500 0 0 24,500

TY 2024 GeneralExplanationAttachment
Name:
THE JAMES FOUNDATION INC
EIN:
45-2195649
Identifier Return Reference Explanation
  FORM 990-PF, PART VI-B, LINES 1A(3) AND 1B PART VI-B, LINE 1A(3) HAS BEEN ANSWERED "YES" BECAUSE RICK AND VICKI JAMES ARE SUBSTANTIAL CONTRIBUTORS TO THE JAMES FOUNDATION, INC. AND IS THEREFORE A DISQUALIFIED PERSON. THEY PROVIDE "SERVICES" TO THE ORGANIZATION BY SERVING ON THE BOARD. LINE 1B IS ANSWERED "NO" BECAUSE THEY RECEVIES NO COMPENSATION AND THESE SERVICES ARE EXCEPTED BY THE REGULATIONS UNDER SECTION 4941.
  FORM 990-PF PART I LINE 18 THE JAMES FOUNDATION PAYROLL IS PROCESSED BY A RELATED PARTY THAT THEY FOUNDATION REIMBURSES FOR THEIR SHARE OF COSTS. THEREFORE, NO PAYROLL TAXES ARE REPORTED ON THE FORM 990-PF.

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE JAMES FOUNDATION INC
EIN:
45-2195649
Name of Bond End of Year Book Value End of Year Fair Market Value
BONDS 6,509,458 6,443,596

TY 2024 InvestmentsCorpStockSchedule
Name:
THE JAMES FOUNDATION INC
EIN:
45-2195649
Name of Stock End of Year Book Value End of Year Fair Market Value
STOCKS 5,290,330 13,373,181

TY 2024 OtherExpensesSchedule
Name:
THE JAMES FOUNDATION INC
EIN:
45-2195649
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 3,346 0 0 3,346
MAINTENANCE AND UTILITIES 2,402 0 0 0
MARKETING 885 0 0 885
OTHER OPERATING EXPENSES 67,874 0 0 0


TY 2024 OtherIncomeSchedule2
Name:
THE JAMES FOUNDATION INC
EIN:
45-2195649
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
RETURN OF PREVIOUS YEARS GRANTS 22,204   0


TY 2024 OtherProfessionalFeesSchedule
Name:
THE JAMES FOUNDATION INC
EIN:
45-2195649
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEE 52,226 52,226 0 0


TY 2024 TaxesSchedule
Name:
THE JAMES FOUNDATION INC
EIN:
45-2195649
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 10,126 10,126 0 0