TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024

Name of foundation
GUANACASTE VENTURES US INC
C/O BREE PATTILLO PRESIDENT

Number and street (or P.O. box number if mail is not delivered to street address)2600 CENTURY PARKWAY NE 100
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30345

A Employer identification number

20-3885468

B Telephone number (see instructions)

(770) 938-6366

C If exemption application is pending, check here right arrow

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

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

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

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

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

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

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

$25,332,890J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	131,288
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	954,363		954,363
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		635,626
b	Gross sales price for all assets on line 6a 3,817,729
7	Capital gain net income (from Part IV, line 2)...			635,626
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	1,721,277		1,589,989
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	16,329	0	16,329
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	20,990	0	20,990
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	205,522	205,522	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	35,626	1,309	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	3,078	2,330	748
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	281,545		209,161	38,067
25	Contributions, gifts, grants paid.......	600,000			600,000
26	Total expenses and disbursements. Add lines 24 and 25	881,545		209,161	638,067
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	839,732
b	Net investment income (if negative, enter -0-)			1,380,828
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2024)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	3,303,509	3,198,538	3,198,538
	2	Savings and temporary cash investments.........	3,118,895	39,052	39,052
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	13,674,939	List of Attached Documents: // Content 18,001,891	21,129,361
	c	Investments—corporate bonds (attach schedule).......	981,771	List of Attached Documents: // Content 927,746	965,939
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	32,558	List of Attached Documents: // Content 52,273	0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 2,330	List of Attached Documents: // Content 0	List of Attached Documents: // Content 0
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	21,114,002	22,219,500	25,332,890
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	21,114,002	22,219,500
	29	Total net assets or fund balances (see instructions).....	21,114,002	22,219,500
	30	Total liabilities and net assets/fund balances (see instructions).	21,114,002	22,219,500

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

21,114,002

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

839,732

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

List of Attached Documents:

// Content

265,766

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

22,219,500

Decreases not included in line 2 (itemize) right arrow

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

22,219,500

Form 990-PF (2024)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation
1 a	PUBLICLY TRADED SECURITIES
b	CAPITAL GAINS DIVIDENDS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,817,487	3,182,103	635,384
b	242		242
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			635,384
b			242
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	635,626
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	19,194
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	19,194
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	19,194
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	21,960
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	21,960
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,766
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax2,766	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

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

on foundation managers. right arrow

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

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

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address right arrow

N/A

The books are in care of right arrow

BREE PATTILLO Telephone no. right arrow

(770) 938-6366

Located at right arrow

2600 CENTURY PARKWAY NE STE 100ATLANTAGA ZIP+4 right arrow

30345

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Form 990-PF (2024)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

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

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

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2024? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2024?....................

If "Yes," list the years right arrow

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2024.) .....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..

Form 990-PF (2024)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
BREE PATTILLO	CHAIRMAN/PRESIDENT 1.00	0	0	0
2600 CENTURY PARKWAY NE ATLANTA,GA30345	CHAIRMAN/PRESIDENT 1.00	0	0	0
CAROLYN WAGNON	SECRETARY & TREASURER 5.00	0	0	0
2600 CENTURY PARKWAY NE ATLANTA,GA30345	SECRETARY & TREASURER 5.00	0	0	0
STEVE BRIGGS	TRUSTEE 0.25	0	0	0
2600 CENTURY PARKWAY NE ATLANTA,GA30345	TRUSTEE 0.25	0	0	0
CAL ABEL	TRUSTEE 0.25	0	0	0
2600 CENTURY PARKWAY NE ATLANTA,GA30345	TRUSTEE 0.25	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2024)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2024)

Page 8

Part IX

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

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

purposes:

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

18,288,181

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

5,852,588

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

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

24,140,769

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

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

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

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

24,140,769

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

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

362,112

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

23,778,657

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

1,188,933

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

1,188,933

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

19,194

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

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

19,194

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

1,169,739

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

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

1,169,739

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

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

1,169,739

Part XI

Qualifying Distributions (see instructions)

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

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

638,067

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

638,067

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				1,169,739
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......			432,458
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......
f Total of lines 3a through e ........	0
4Qualifying distributions for 2024 from Part
XI, line 4: $ 638,067
a Applied to 2023, but not more than line 2a			432,458
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.....				205,609
e Remaining amount distributed out of corpus	0
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	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........				964,130
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......	0
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...	0
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2020....
b Excess from 2021....
c Excess from 2022....
d Excess from 2023....
e Excess from 2024....

Form 990-PF (2024)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2024	(b) 2023	(c) 2022	(d) 2021	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or 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)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CLEMSON UNIVERSITY FOUNDATION PO BOX 1889 CLEMSON,SC29633	N/A	PC	GUANACASTE VENTURES ANNUAL SCHOLARSHIPS	200,000
KENNESAW STATE UNIVERSITY FOUNDATION 3391 TOWN POINT DRIVE NW MD 9101 KENNESAW,GA30144	N/A	PC	GUANACASTE VENTURES U.S., INC. SCHOLARSHIP	200,000
UNIVERSITY OF WISCONSIN 1848 UNIVERSITY AVENUE MADISON,WI537264090	N/A	PC	GUANACASTE VENTURES STAR SCHOLARSHIP FUND	200,000
Total ................................. 3a				600,000

bApproved for future payment

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

Form 990-PF (2024)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	954,363
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	635,626
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		1,589,989	0

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

1,589,989

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2024)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

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

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

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

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

OMB No. 1545-0047

Name of the organization

GUANACASTE VENTURES US INC
C/O BREE PATTILLO PRESIDENT

Employer identification number

20-3885468

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 GUANACASTE VENTURES US INC C/O BREE PATTILLO PRESIDENT

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	ELIZABETH MCCLURE PATTILLO IRREVOCABLE TRUST PO BOX 1047 DECATUR, GA30031	$ 128,568	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 3

Name of organization GUANACASTE VENTURES US INC C/O BREE PATTILLO PRESIDENT		Employer identification number 20-3885468

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 GUANACASTE VENTURES US INC C/O BREE PATTILLO PRESIDENT			Employer identification number 20-3885468
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2024 AccountingFeesSchedule

Name:

GUANACASTE VENTURES US INC

C/O BREE PATTILLO PRESIDENT

EIN:

20-3885468

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
RETURN PREPARATION	20,990	0		20,990

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

GUANACASTE VENTURES US INC

C/O BREE PATTILLO PRESIDENT

EIN:

20-3885468

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AMERICAN EXPRESS CO	111,981	120,147
CROWN CASTLE INC NOTE CALL MAKE WHOLE	133,997	132,882
FIDELITY NATL INFORMATION SVCS 4.50000%	130,654	131,683
SCHWAB CHARLES CORP	175,511	199,243
TRANSCANADA TRUST NOTE 5.62500%	94,232	98,750
TRUIST FINL CORP ALT TIER I BOND	153,769	153,165
WEC ENERGY GROUP INC NOTE CALL MAKE	127,602	130,069

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

GUANACASTE VENTURES US INC

C/O BREE PATTILLO PRESIDENT

EIN:

20-3885468

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOT LABORATORIES	65,369	66,169
ABBVIE INC COM USD0.01	80,275	119,059
ABBVIE INC COM USD0.01	47,301	41,937
ABBVIE INC COM USD0.01	105,127	96,320
ADOBE INC COM	85,630	75,595
AGNC INVT CORP COM	66,791	73,244
ALEXANDRIA REAL ESTATE EQUITIES COM	76,483	60,481
ALPHABET INC CAP STK CL A	129,943	186,082
ALPHABET INC CAP STK CL A	160,748	180,784
ALPHABET INC CAP STK CL C	43,432	76,176
AMAZON COM INC	193,648	322,284
AMAZON COM INC	128,184	148,746
AMERICAN ELEC PWR CO INC COM	86,912	99,608
AMGEN INC	49,025	46,915
ANALOG DEVICES INC	106,054	100,083
ANNALY CAP MGMT INC	62,057	65,097
APPLE INC	196,063	215,833
APPLE INC COM USD0.00001	282,466	452,509
APPLIED MATERIALS INC COM USD0.01	43,530	66,678
APPLOVIN CORP COM CL A	22,458	117,874
ARISTA NETWORKS INC COM SHS	33,335	73,834
ARMADA HOFFLER PPTYS INC CUM PFD A	106,067	104,286
AT&T INC	23,192	32,720
AT&T INC COM USD1	93,447	97,911
ATMOS ENERGY CORP COMM NPV	45,245	55,708
BANK OF NEW YORK MELLON CORP COM USD0.01	37,500	69,147
BECTON DICKINSON & CO COM USD1.00	100,551	95,044
BEST BUY CO INC COM USD0.10	120,994	126,126
BK OF AMERICA CORP COM	56,337	69,529
BLACKROCK INC COM	46,885	60,481
BLUE OWL CREDIT INCOME CORP I	2,000,000	2,014,737
BOEING CO	86,993	103,191
BOSTON SCIENTIFIC CORP	39,884	46,804
BRISTOL-MYERS SQUIBB CO COM USD0.10	101,515	110,292
BROADCOM INC COM	42,888	162,288
BROADCOM INC COM	77,434	178,517
CADENCE DESIGN SYSTEMS INC COM USD0.01	33,502	40,562
CANADIAN NATURAL RESOURCES LTD ISIN	105,460	95,388
CAPITAL ONE FINANCIAL CORP COM USD0.01	35,612	61,520
CARRIER GLOBAL CORPORATION COM	39,835	67,919
CASEYS GENERAL STORES INC	53,674	55,868
CHEVRON CORP (CVX)	108,431	133,292
CHEVRON CORP NEW COM	79,120	83,283
CHEVRON CORP NEW COM	125,390	115,872
CHEVRON CORP NEW COM	84,329	89,077
CHIPOTLE MEXICAN GRILL INC	43,374	72,360
CISCO SYSTEMS INC	103,298	148,000
CITIGROUP INC	25,538	38,011
CITIGROUP INC	64,494	71,721
CME GROUP INC COM	75,213	94,053
COMCAST CORP	98,524	91,385
CONAGRA BRANDS	88,388	83,944
CONOCOPHILLIPS COM	73,443	96,691
CORNING INC	46,483	45,619
COSTCO WHOLESALE CORP COM USD0.01	71,548	151,185
CROWN CASTLE INC COM	90,150	68,978
CSX CORP COM USD1	95,875	89,543
CVS HEALTH CORPORATION COM USD0.01	194,635	136,690
DATADOG INC CL A COM	28,952	36,008
DELTA AIR LINES INC	45,639	44,165
DEVON ENERGY CORP NEW	89,808	68,733
DIGITAL RLTY TR INC 5.2 PFD SER L	119,908	108,213
DOLLAR GEN CORP NEW COM	78,382	55,728
DOLLAR GEN CORP NEW COM	60,451	55,488
DOMINION ENERGY INC COM	72,908	75,943
DOW INC COM	93,065	72,234
DUKE ENERGY CORP NEW COM NEW ISIN	81,837	99,121
DUKE ENERGY CORP NEW COM NEW ISIN	134,386	155,146
DUKE ENERGY CORP NEW COM NEW ISIN	39,220	44,173
EATON CORPORATE PLC	56,439	81,640
ECOLAB INC	70,968	92,556
ELI LILLY AND CO	69,843	173,700
EMERSON ELECTRIC CO	93,163	148,716
EMERSON ELECTRIC CO	86,531	94,770
EOG RESOURCES INC	64,619	62,361
EQUINIX INC COM	70,415	71,660
EXXON MOBIL CORP	111,795	129,084
EXXON MOBIL CORP	30,352	28,076
FIDELITY NATL INFORMATION SERVICES COM	34,166	48,462
FISERV INC	68,431	104,148
FOUR CORNERS PPTY TR INC COM	114,742	121,316
FRESHPET INC COM	27,662	34,362
GENUINE PARTS CO COM USD1.00	107,486	87,570
GILEAD SCIENCES INC COM USD0.001	44,229	42,398
GOLDMAN SACHS GROUP INC COM USD0.01	119,594	133,540
GRACO INC	51,222	59,256
HEALTHPEAK PROPERTIES INC COM	114,615	106,823
HEWLETT PACKARD ENTERPRISE CO COM	65,499	96,075
HOME DEPOT INC	28,907	38,899
HONEYWELL INTERNATIONAL INC CO USD1	100,161	108,060
HP INC COM	74,229	104,416
HUNTINGTON BANCSHARES INC COM USD0.01	83,320	110,636
IDEXX LABORATORIES INC COM USD0.10	75,093	68,631
INTERNATIONAL BUS MACH CORP COM	44,750	79,139
INTERNATIONAL BUS MACH CORP COM USD0.20	37,754	65,949
INTERNATIONAL FLAVORS &FRAGRANCES COM	39,224	48,616
INTUITIVE SURGICAL INC	66,269	79,860
INTUITIVE SURGICAL INC	91,656	96,041
INVESCO MORTGAGE CAPITAL	84,041	99,869
JOHNSON & JOHNSON	100,966	115,696
JPMORGAN CHASE & CO	36,624	87,494
JPMORGAN CHASE & CO	92,807	170,194
KELLANOVA COM	67,858	89,067
KIMBERLY-CLARK CORP COM	110,951	108,108
KINDER MORGAN INC	108,307	177,278
KINETIK HOLDINGS INC COM USD0.0001 CL A	110,436	103,779
KRAFT HEINZ CO COM	111,941	87,831
KROGER CO COM USD1.00	54,771	70,017
LINDE PLC COM EUR0.001	57,463	75,361
LOCKHEED MARTIN CORP COM USD1.00	35,039	36,445
LOGILITY SUPPLY CHAIN SOLUTIONS INC	20,631	22,049
LOWES COMPANIES INC COM USD0.50	96,319	87,170
M & T BANK CORP COM	47,005	49,513
MADISON BANK CORP	656,797	656,797
MARRIOTT INTERNATIONAL INC COM USD0.01	28,635	40,446
MARVELL TECHNOLOGY INC COM	75,157	106,973
MASTERCARD INCORPORATED CL A	109,215	114,355
MCDONALD S CORP	72,232	70,862
MEDTRONIC PLC	119,980	103,844
MERCK & CO. INC COM	49,251	82,071
META PLATFORMS INC CLASS A COMMON STOCK	97,707	236,546
META PLATFORMS INC CLASS A COMMON STOCK	161,925	163,492
METLIFE INC COM USD0.01	35,664	49,128
MICRON TECHNOLOGY INC	58,037	51,758
MICROSOFT CORP	301,172	448,476
MICROSOFT CORP	214,650	214,519
MICROSTRATEGY COM USD0.001 CLASS A	33,165	25,776
MID-AMER APT CMNTY'S INC COM	50,898	47,917
MOND ELEZ INTL INC COM NPV	114,955	104,527
MONOLITHIC POWER SYSTEMS INC	52,008	41,419
NATIONAL FUEL GAS CO	50,047	60,680
NETFLIX INC	38,818	106,958
NEXTERA ENERGY INC COM USD0.01	30,398	30,253
NISOURCE INC COM UDS0.01	77,512	110,280
NVIDIA CORPORATION COM	90,115	435,368
NVIDIA CORPORATION COM	256,405	269,942
OCCIDENTAL PETE CORP COM	1,632	1,394
ONEOK INC	75,404	117,468
ORACLE CORP	63,194	56,824
PALO ALTO NETWORKS INC COM USD0.0001	24,548	47,674
PAYPAL HLDGS INC COM	54,497	56,160
PERRIGO COMPANY PLC	49,221	41,393
PFIZER INC	127,452	104,263
PFIZER INC	122,822	95,508
PHILIP MORRIS INTERNATIONAL INC COM NPV	79,883	108,315
PHILIP MORRIS INTERNATIONAL INC COM NPV	122,307	158,862
PPG INDUSTRIES INC COM USD1.666	54,814	53,752
PROCTER AND GAMBLE CO COM	47,154	50,966
PRUDENTIAL FINANCIAL INC	95,309	96,602
PRUDENTIAL FINL INC	50,748	71,118
PULTE GROUP INC COM USD0.01	32,351	54,668
QUANTA SERVICES COM USD0.00001	27,864	32,869
ROBINHOOD MKTS INC COM CL A	69,206	114,053
ROSS STORES INC	51,062	72,610
ROYAL CARIBBEAN GROUP COM USD0.01	57,319	85,586
RTX CORPORATION COM US01.00	81,071	98,362
SAMSARA INC COM CL A	29,634	50,243
SCHLUMBERGER LIMITED COM USD0.01	56,375	52,718
SHELL PLC SPON ADS EA REP 2 ORD SHS	92,847	106,505
SMUCKER J M CO COM NEW	99,759	93,602
SOUTHERN CO	151,248	130,410
SPIRE INC 5.9 DEP RP PFD A	135,462	131,918
SPOTIFY TECHNOLOGY SA COM EUR0.000625	44,009	57,712
STANLEY BLACK & DECKER INC	108,424	90,326
STARBUCKS CORP COM USD0.001	93,578	87,667
SWEETGREEN INC COM CL A	30,431	26,834
SYSCO CORP	90,007	89,716
TAPESTRY INC COM	50,615	81,663
TARGET CORP	108,339	109,496
TARGET CORP	87,723	77,821
TRAVELERS COMPANIES INC COM STK NPV	61,036	90,334
TRUIST FINL CORP COM	84,174	112,788
TWO HBRS INVT CORP PFD B FXD	119,274	131,730
UBER TECHNOLOGIES INC COM	66,663	88,067
UMH PPTYS INC	87,333	90,328
UNITED PARCEL SERVICE INC CL B	143,363	136,188
UNITED PARCEL SERVICE INC CL B	111,230	95,836
UNITEDHEALTH GROUP INC	68,684	59,938
US BANCORP DEL COM	89,174	100,443
VENTAS INC	49,520	66,546
VERIZON COMMUNICATIONS	100,627	92,777
VERIZON COMMUNICATIONS INC	98,463	87,978
VERTEX PHARMACEUTICALS INC	55,752	64,835
VERTIV HOLDINGS CO COM CL A	28,163	31,356
VISA INC	76,442	109,034
VISTRA CORP COM	29,725	48,806
VORNADO RLTY TR CUM PFD M	61,309	63,738
WASTE MANAGEMENT INC	55,779	65,582
WELLS FARGO CO NEW COM	94,523	140,480
WELLS FARGO CO NEW COM	97,982	114,831
WELLS FARGO CO NEW PFO CNV A PERPTL MTY	171,141	168,398
WILLIAMS COS INC COM	66,745	124,476
WP CAREY INC COM	140,809	112,774

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

GUANACASTE VENTURES US INC

C/O BREE PATTILLO PRESIDENT

EIN:

20-3885468

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
HELD OPTIONS	AT COST	52,273	0

- TIN:

TY 2024 LegalFeesSchedule

Name:

GUANACASTE VENTURES US INC

C/O BREE PATTILLO PRESIDENT

EIN:

20-3885468

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	16,329	0		16,329

- TIN:

TY 2024 OtherAssetsSchedule

Name:

GUANACASTE VENTURES US INC

C/O BREE PATTILLO PRESIDENT

EIN:

20-3885468

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
RENT RECEIVABLE	2,330	0	0

- TIN:

TY 2024 OtherExpensesSchedule

Name:

GUANACASTE VENTURES US INC

C/O BREE PATTILLO PRESIDENT

EIN:

20-3885468

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER EXPENSES	748	0		748
BAD DEBT - RENT RECEIVABLE	2,330	2,330		0

- TIN:

TY 2024 OtherIncreasesSchedule

Name:

GUANACASTE VENTURES US INC

C/O BREE PATTILLO PRESIDENT

EIN:

20-3885468

Description	Amount
DIFFERENCE IN BASIS OF APPRECIATED PROPERTY	124,290
PRIOR PERIOD ADJUSTMENT	141,476

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

GUANACASTE VENTURES US INC

C/O BREE PATTILLO PRESIDENT

EIN:

20-3885468

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BROKERAGE FEES	205,522	205,522		0

- TIN:

TY 2024 TaxesSchedule

Name:

GUANACASTE VENTURES US INC

C/O BREE PATTILLO PRESIDENT

EIN:

20-3885468

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXCISE TAX	34,317	0		0
FOREIGN TAX	1,309	1,309		0