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 L & L EDUCATIONAL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)160 MCLEAN DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROMEO, MI48065
A Employer identification number

38-2785121
B Telephone number (see instructions)

(586) 336-1600
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$17,890,410J 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) 1,571,886
2 Check right arrow.............
3 Interest on savings and temporary cash investments   489  
4 Dividends and interest from securities... 437,826 444,302  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,627,782
b Gross sales price for all assets on line 6a 15,075,511
7 Capital gain net income (from Part IV, line 2)... 2,627,782
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........ 4,637,494 3,072,573  
Operating and Administrative Expenses 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).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,800 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
42,298 6,967   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,527 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
48,310 23,995   2,975
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 94,935 30,962   2,975
25 Contributions, gifts, grants paid....... 736,294 736,294
26 Total expenses and disbursements. Add lines 24 and 25 831,229 30,962   739,269
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,806,265
b Net investment income (if negative, enter -0-) 3,041,611
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,112,553 1,214,745 1,214,745
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.......... 11,214    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 11,932,624 Click to see attachment
List of Attached Documents:
// Content
15,649,673 		16,675,665
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,056,391 16,864,418 17,890,410
Liabilities 17 Accounts payable and accrued expenses..........   1,379
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 1,379
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........... 13,056,391 16,863,039
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 13,056,391 16,863,039
30 Total liabilities and net assets/fund balances (see instructions). 13,056,391 16,864,418
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
13,056,391
2
Enter amount from Part I, line 27a .....................
2
3,806,265
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
383
4
Add lines 1, 2, and 3 ..........................
4
16,863,039
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
16,863,039
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 CHARLES SCHWAB P    
b VANGUARD P    
c VANGUARD P    
d VANGUARD P    
e VANGUARD P    
CAPITAL GAINS DIVIDENDS P    
(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 618,701   617,263 1,438
b 1,534,534   1,455,626 78,908
c 636,651   360,615 276,036
d 10,863,365   8,852,978 2,010,387
e 1,143,530   1,161,247 -17,717
278,730     278,730
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,438
b       78,908
c       276,036
d       2,010,387
e       -17,717
      278,730
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 2,627,782
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 42,278
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 42,278
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 42,278
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 40,899
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 40,899
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 1,379
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMI
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 arrowLLPFOUNDATIONS.ORG
14
The books are in care ofright arrowMARGARET DOMENICK - MUSCAT Telephone no.right arrow (586) 336-1608

Located atright arrow160 MCLEAN DRIVEROMEOMI ZIP+4right arrow48065
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
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
MARGARET DOMENICK-MUSCAT PRESIDENT
15.00 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
JUSTIN L SCHUPP TRUSTEE
0.10 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
SUSAN LANE MULKA TRUSTEE
0.10 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
LESLE E COLE TRUSTEE
0.10 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
KATHERINE CLERMONT TREASURER
0.25 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
NANCY CAMPBELL TRUSTEE
0.10 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
BARBARA VITALE SECRETARY
0.25 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
JAY KRAWCZYK VICE PRESIDENT
0.25 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
STEVEN ZOTT TRUSTEE
0.10 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 NONE 0
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 NONE 0
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
15,520,386
b
Average of monthly cash balances.......................
1b
887,714
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
16,408,100
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
16,408,100
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
246,122
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
16,161,978
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
808,099
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
808,099
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
42,278
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
42,278
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
765,821
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
765,821
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
765,821
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
739,269
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
739,269
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 7 765,821
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023...... 15,550
f Total of lines 3a through e ........ 15,550
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 739,269
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..... 739,269
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 15,550 15,550
(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 .......... 		11,002
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)
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).)
SUSAN LANE MULKA
LESLE E COLE
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:
L L EDUCATIONAL FOUNDATION
160 MCLEAN DR
ROMEO,MI48065
(586) 336-1608
bThe form in which applications should be submitted and information and materials they should include:
REFER TO: LLPFOUNDATIONS.ORG
cAny submission deadlines:
REFER TO: LLPFOUNDATIONS.ORG
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
REFER TO: LLPFOUNDATIONS.ORG
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

JASON ALGER

288 BUBBA GUNTER RD
WAGENER,SC29164 		NONE NA EDUCATION 9,778

CHRIS APFEL

12908 EASTON CT
UTICA,MI48315 		NONE NA EDUCATION 11,470

DANA APFEL

12908 EASTON CT
UTICA,MI48315 		NONE NA EDUCATION 1,273

BLAKE BUNCH

5585 LEAH LANE
ALMONT,MI48003 		NONE NA EDUCATION 7,589

NATHAN CASTILLO

6913 CLEAR LAKE ROAD
IMLAY CITY,MI48444 		NONE NA EDUCATION 6,156

JACOB CHUHRAN

1610 EDSEL STREET
TRENTON,MI48183 		NONE NA EDUCATION 5,000

MICHAEL CHUHRAN

1610 EDSEL STREET
TRENTON,MI48183 		NONE NA EDUCATION 5,000

LUKE COLSTON

4440 QUAIN RD
EMMETT,MI48022 		NONE NA EDUCATION 1,972

AUDREY COURNEYA

2865 N LAPEER RD
LAPEER,MI48446 		NONE NA EDUCATION 9,242

TREVOR DEACHIN

8194 KENSINGTON BLVD 744
DAVISON,MI48423 		NONE NA EDUCATION 2,000

ANTHONY D'EGIDIO

7239 PLATT SPRINGS ROAD
LEXINGTON,SC29073 		NONE NA EDUCATION 2,676

RYAN DIMKOVSKI

16227 COLORADO DR
MACOMB,MI48042 		NONE NA EDUCATION 5,000

MARKO DIMOVSKI

62425 SAWGRASS DR
WASHINGTON,MI48094 		NONE NA EDUCATION 12,000

ISABELLE DRISCOLL

204 NORTH HUNTER ST
CAPAC,MI48014 		NONE NA EDUCATION 11,000

MADELINE EGLE

1211 LEXA LANE
FLINT,MI48507 		NONE NA EDUCATION 12,000

THOMAS FEZZEY

21601 BAYSIDE ST
ST CLAIR SHORES,MI48081 		NONE NA EDUCATION 2,500

ASHER FINN

73922 GOULD RD
BRUCE TWP,MI48065 		NONE NA EDUCATION -181

AIDAN FINNERTY

1200 BELLWOOD CT
OXFORD,MI48371 		NONE NA EDUCATION 5,000

KEITH FIRESTONE

8891 RUSSELL ST
SHELBY TOWNSHIP,MI48317 		NONE NA EDUCATION 5,000

ELIZABETH FORSELL

1589 PEBBLE CREEK DR
ROCHESTER,MI48307 		NONE NA EDUCATION 8,000

MADISON FORSTNER

11685 IMLAY CITY RD
ANN ARBOR,MI48022 		NONE NA EDUCATION 2,000

DANIELLE FRANZEL

355 N GATES RD
SANDUSKY,MI48471 		NONE NA EDUCATION 2,000

EMMA GILLIES

12777 HOUGH RD
RILEY,MI48041 		NONE NA EDUCATION 9,058

KELLY GILLIES

12777 HOUGH RD
RILEY,MI48041 		NONE NA EDUCATION 2,290

MARANDA GRAVES

412 OLD FARM LN
LAPEER,MI48446 		NONE NA EDUCATION 9,029

THERESA HABLE

1845 BROWNING ST
FERNDALE,MI48220 		NONE NA EDUCATION 5,000

AVA HRABOVSKY

47856 MALLARD DR
CHESTERFIELD,MI48047 		NONE NA EDUCATION 9,871

ALEXANDER JARMOLUK

78850 MCKAY RD
ROMEO,MI48065 		NONE NA EDUCATION 5,269

IVAN JARMOLUK

78850 MCKAY RD
ROMEO,MI48065 		NONE NA EDUCATION 7,602

JOELLE JONES

191 ENGLE ST
IMLAY CITY,MI48444 		NONE NA EDUCATION 12,091

MARY KAMINSKI

4985 LITTLE CEDAR CREEK DR
ATTICA,MI48412 		NONE NA EDUCATION 2,476

BARBY KNEPPER

5814 NEWCASTLE CT
WASHINGTON,MI48094 		NONE NA EDUCATION 1,000

JENNA KNEPPER

5814 NEWCASTLE CT
WASHINGTON,MI48094 		NONE NA EDUCATION 5,000

MARISSA KNEPPER

5814 NEWCASTLE CT
WASHINGTON,MI48094 		NONE NA EDUCATION 5,000

OWEN KOSAL

2101 ASH STREET
SAINT CLAIR,MI48079 		NONE NA EDUCATION 2,500

ALAINA LEWIS

57383 CIDER DR
WASHINGTON TWP,MI48094 		NONE NA EDUCATION 5,000

TRACY LI

1740 FIRESIDE DR
TROY,MI48098 		NONE NA EDUCATION 5,000

ROBERT MADAUS

37508 ROBERT DR
RICHMOND,MI48062 		NONE NA EDUCATION 10,000

JENNA MADAY

302 EAST CHURCH ST
CAPAC,MI48014 		NONE NA EDUCATION 5,858

JOSHUA MADAY

302 EAST CHURCH ST
CAPAC,MI48014 		NONE NA EDUCATION 12,000

BRYCE MAJOR

3197 MAIN STREET
MARLETTE,MI48453 		NONE NA EDUCATION 9,538

DOMINIQUE MATHEWS

896 BROCKWAY RD
YALE,MI48097 		NONE NA EDUCATION 3,000

LA SONJA MCLEOD

11030 AUSTIN AVE
CHICAGO RIDGE,IL60415 		NONE NA EDUCATION 1,000

HALEY MIRACLE

7069 STERLING ROAD
YALE,MI48097 		NONE NA EDUCATION 5,014

TRAVIS MIRACLE

7069 STERLING ROAD
YALE,MI48097 		NONE NA EDUCATION 6,104

ARIA NEALY

202 N NEEPER ST
CAPAC,MI48014 		NONE NA EDUCATION 1,433

TITUS NEALY

321 9TH ST NW
ALTOONA,IA50009 		NONE NA EDUCATION 1,993

MADISON NEWSOM

225 W 3RD ST
IMLAY CITY,MI48444 		NONE NA EDUCATION 5,788

KELLI O'BRIEN

2355 LONGYEAR AVE
MARQUETTE,MI49855 		NONE NA EDUCATION 12,732

ALEXANDER PAQUET

523 W KANAWHA AVE
COLUMBUS,OH43214 		NONE NA EDUCATION 1,000

TAYLOR PARROTT

2 CROSSVINE WAY
SIMPSONVILLE,SC29680 		NONE NA EDUCATION 3,000

ASHISH PASULA

1752 OAK FOREST DR E
TROY,MI48085 		NONE NA EDUCATION 10,000

SOPHIE PILLARS

53700 CENTENNIAL
MACOMB,MI48042 		NONE NA EDUCATION 5,516

SYDNEY PILLARS

53700 CENTENNIAL
MACOMB,MI48042 		NONE NA EDUCATION 12,000

CALEB POTTER

12518 WASHINGTON LN APT E2
ENGLEWOOD,CO80112 		NONE NA EDUCATION 1,500

ELLARIE PRINCE

560 BANCROFT RD
IMLAY CITY,MI48444 		NONE NA EDUCATION 4,327

MARIO QUAGLIA

48971 SOUTHWAY DR
MACOMB,MI48044 		NONE NA EDUCATION 5,000

MELANIE REAGAN

24780 NOTTINGHAM DR
NOVI,MI48374 		NONE NA EDUCATION 5,000

DREW REVOLDT

6623 HOUGH ROAD
ALMONT,MI48003 		NONE NA EDUCATION 2,517

LETISHA ROBERTS

74520 SPENCER ST
ARMADA,MI48005 		NONE NA EDUCATION 1,121

BRANDON RODGERS

6055 FOUNTAIN POINTE APT 3
GRAND BLANC,MI48439 		NONE NA EDUCATION 3,842

HAYDEN RUGENSTEIN

3405 HAINES RD
ATTICA,MI48412 		NONE NA EDUCATION 4,042

HARLEIGH RYAN

6981 OAKHURST RIDGE RD
CLARKSTON,MI48348 		NONE NA EDUCATION 5,000

MITCHELL SCHOENROCK

13565 KAUFMAN ROAD
CAPAC,MI48014 		NONE NA EDUCATION 7,228

MAKAYLA SCHRAMM

75400 MACKEY RD
RICHMOND,MI48062 		NONE NA EDUCATION 12,000

DYLAN SELEWONIK

1424 WHISPERING WOODS LANE
MARYSVILLE,MI48040 		NONE NA EDUCATION 2,000

SAGE SENYK

222 CLARKSON
CAPAC,MI48014 		NONE NA EDUCATION 2,800

CHASE SMITTERBERG

317 LAFAYETTE AVE NE APT 2
GRAND RAPIDS,MI49503 		NONE NA EDUCATION 2,000

SHANNELLE SMOLAREK

12777 HOUGH RD
RILEY,MI48041 		NONE NA EDUCATION 2,290

BENJAMIN SNEARY

202 JEFFREY
ROYAL OAK,MI48073 		NONE NA EDUCATION 10,115

ETHAN SNEARY

202 JEFFREY AVE
ROYAL OAK,MI48073 		NONE NA EDUCATION 12,000

JACKSON SUROWIEC

256 WYNGATE DRIVE
ROCHESTER,MI48307 		NONE NA EDUCATION 5,000

LUCAS SUROWIEC

256 WYNGATE DRIVE
ROCHESTER,MI48307 		NONE NA EDUCATION 5,000

MAYA THOMAS

49375 YALE DR
MACOMB,MI48044 		NONE NA EDUCATION 9,504

SHANNON TRAUB

5846 EAGLE DRIVE
ALMONT,MI48003 		NONE NA EDUCATION 944

GABRIEL VANCONANT

1926 SHAGBARK LANE APT 202
IMLAY CITY,MI48444 		NONE NA EDUCATION 5,300

CONNER VANLERBERGHE

761 E BURNS LINE RD
MELVIN,MI48454 		NONE NA EDUCATION 12,000

NICHOLAS VANLERBERGHE

761 E BURNSLINE RD
MELVIN,MI48454 		NONE NA EDUCATION 9,980

ETHAN VIAENE

5662 CASEY ROAD
DRYDEN,MI48428 		NONE NA EDUCATION 10,000

CAITLIN WEISHAAR

28954 31 MILE RD
LENOX TOWNSHIP,MI48050 		NONE NA EDUCATION 6,155

ELLA WERKMEISTER

25861 CONCORD ROAD
HUNTINGTON WOODS,MI48070 		NONE NA EDUCATION 5,000

MEGAN WERKMEISTER

25861 CONCORD ROAD
HUNTINGTON WOODS,MI48070 		NONE NA EDUCATION 5,000

EMILY WHITE

1675 WINSLOW RD
ATTICA,MI48412 		NONE NA EDUCATION 2,767

GRACE WHITENIGHT

431 MABEL ST
MARINE CITY,MI48039 		NONE NA EDUCATION 1,500

HOPE WILCOX

5701 MEADOW LANE
DRYDEN,MI48428 		NONE NA EDUCATION 8,919

SCOTT WILEY

570 THIRD AVENUE
PONTIAC,MI48340 		NONE NA EDUCATION 4,791

MAC WOODY

30 SUMMER VALLEY CT
GREER,SC29651 		NONE NA EDUCATION 10,000

LAURYN ZIZA

12901 BERLIN RD
SOUTH ROCKWOOD,MI48179 		NONE NA EDUCATION 3,615

ALMONT COMMUNITY SCHOOLS

4624 KIDDER RD
ALMONT,MI48003 		NONE NA EDUCATION 20,000

BROWN CITY COMMUNITY SCHOOLS

4349 SECOND ST
BROWN CITY,MI48416 		NONE NA EDUCATION 15,200

CAPAC COMMUNITY SCHOOLS

541 N GLASSFORD ST
CAPAC,MI48014 		NONE NA EDUCATION 19,850

CHIPPEWA VALLEY SCHOOLS

19120 CASS AVENUE
CLINTON TWP,MI48038 		NONE NA EDUCATION 11,300

DRYDEN COMMUNITY SCHOOLS

3866 ROCHESTER RD
DRYDEN,MI48428 		NONE NA EDUCATION 20,000

EAST CHINA SCHOOLS

1585 MEISNER RD
EAST CHINA,MI48054 		NONE NA EDUCATION 15,000

IMLAY CITY COMMUNITY SCHOOLS

634 W BORLAND RD
IMLAY CITY,MI48444 		NONE NA EDUCATION 18,000

LAPEER COMMUNITY SCHOOLS

933 S SAGINAW ST
LAPEER,MI48446 		NONE NA EDUCATION 16,700

LEXINGTON ONE SCHOOL DISTRICT

100 TARRAR SPRINGS RD
LEXINGTON,SC29072 		NONE NA EDUCATION 15,000

MARLETTE COMMUNITY SCHOOLS

6230 EUCLID STREET
MARLETTE,MI48453 		NONE NA EDUCATION 16,850

NORTH BRANCH AREA SCHOOLS

6655 JEFFERSON STREET NORTH
NORTH BRANCH,MI48461 		NONE NA EDUCATION 15,000

RICHMOND COMMUNITY SCHOOLS

35276 DIVISION RD
RICHMOND,MI48062 		NONE NA EDUCATION 11,500

ROCHESTER COMMUNITY SCHOOLS

52585 DEQUINDRE ROAD
ROCHESTER,MI48307 		NONE NA EDUCATION 10,000

ROMEO COMMUNITY SCHOOLS

316 NORTH MAIN STREET
ROMEO,MI48065 		NONE NA EDUCATION 10,000

YALE PUBLIC SCHOOLS

247 SCHOOL DR
YALE,MI48097 		NONE NA EDUCATION 15,000
Total .................................right arrow 3a 736,294
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14    
4 Dividends and interest from securities ....     14 437,826  
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 2,627,782  
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 3,065,608 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,065,608
(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 L & L EDUCATIONAL FOUNDATION
 
Employer identification number

38-2785121
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 L & L EDUCATIONAL FOUNDATION
  		Employer identification number
38-2785121
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
DEBRA LANE
 
8449 N 79TH STREET
 
LONGMONT, CO80503

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
SUSAN LANE
 
1271 ROMNEY ROAD
 
BLOOMFIELD HILLS, MI48304

$ 100,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
W EUGENE LANE
 
13261 BURGUNDY DRIVE SOUTH
 
PALM BEACH GARDENS, FL33410

$ 1,433,168


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
MARY K GALLOWAY
 
18301 N CROSS U RANCH ROAD
 
PRESCOTT, AZ86305

$ 20,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
SAMANTHA DAVID
 
813 S RANCHO VISTA DR
 
PRESCOTT, AZ86303

$ 5,000


(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.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE L & L EDUCATIONAL FOUNDATION
  		Employer identification number

38-2785121
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 L & L EDUCATIONAL FOUNDATION
  		Employer identification number

38-2785121
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 L & L EDUCATIONAL FOUNDATION
EIN:
38-2785121
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING & TAX PREPARATION FEES 2,800 0   0

TY 2024 InvestmentsCorpStockSchedule
Name:
THE L & L EDUCATIONAL FOUNDATION
EIN:
38-2785121
Name of Stock End of Year Book Value End of Year Fair Market Value
39,839.5470 SHS VANGUARD TOTAL STOCK MARKET INDEX FUND INSTITUTIONAL 5,556,781 5,619,368
4,880.7500 SHS VANGUARD INSTITUTIONAL INDEX FUND INSTITUTIONAL SHARES 949,371 2,337,391
67,380.1030 SHS VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND ADMIRAL SHARES 2,245,460 2,135,275
28,583.8960 SHS VANGUARD INTERNATIONAL VALUE FUND 1,203,600 1,072,206
10,449.3160 SHS VANGUARD INTERNATIONAL GROWTH FUND ADMIRAL SHARES 1,193,440 1,061,337
187,406.2360 SHS VANGUARD TOTAL BOND MARKET INDEX FUND ADMIRAL SHARES 1,796,019 1,776,611
69,998.9380 SHS VANGUARD SHORT-TERM INVESTMENT-GRADE FUND ADMIRAL SHARES 722,660 721,689
83,109.4590 SHS VANGUARD INTER-TERM INVESTMENT-GRADE FUND ADMIRAL SHARES 718,373 711,418
45,862.2110 SHS VANGUARD LONG-TERM INVESTMENT-GRADE FUND ADMIRAL SHARES 356,499 345,342
45,594.880 SHS VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND ADMIRAL SHARES 907,470 895,028

TY 2024 OtherExpensesSchedule
Name:
THE L & L EDUCATIONAL FOUNDATION
EIN:
38-2785121
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMMITTEE MEMBER COMPENSATION 2,975 0   2,975
FOUNDATION SOFTWARE, SUPPORT & TRAINING 12,122 0   0
OFFICE EXPENSES 6,956 0   0
BANK FEES 533 0   0
INVESTMENT MANAGEMENT FEE 23,995 23,995   0
PROFESSIONAL DEVELOPMENT 1,729 0   0


TY 2024 OtherIncreasesSchedule
Name:
THE L & L EDUCATIONAL FOUNDATION
EIN:
38-2785121
Description Amount
UNREALIZED LOSS 383


TY 2024 TaxesSchedule
Name:
THE L & L EDUCATIONAL FOUNDATION
EIN:
38-2785121
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 42,278 0   0
FOREIGN TAX EXPENSE 0 6,967   0
MICHIGAN ANNUAL REPORT 20 0   0