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
ANGELA J BOWEN CONSERVANCY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1006 PLYMOUTH STREET SW
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
OLYMPIA, WA98502

A Employer identification number

91-2015916

B Telephone number (see instructions)

(360) 352-1300

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

$50,975,839J 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)	1,913
2	Check .............
3	Interest on savings and temporary cash investments	5,704		5,704
4	Dividends and interest from securities...	1,690,900		1,690,900
5a	Gross rents............	26,320		26,320
b	Net rental income or (loss) -241,781
6a	Net gain or (loss) from sale of assets not on line 10		8,421
b	Gross sales price for all assets on line 6a 18,807,812
7	Capital gain net income (from Part IV, line 2)...			8,421
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........	1,733,258		1,731,345
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......	275,635		71,953	136,742
15	Pension plans, employee benefits.......	82,247		21,470	40,802
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	77,845	1,467	76,378
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	29,920	13,571	17,246
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	161,182	156,555	4,627
17	Interest...............	13,462		13,462	0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	104,435	28,268	0
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	94,712	65,775
20	Occupancy..............
21	Travel, conferences, and meetings.......	41,119		0	41,119
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	159,670	106,319	48,887
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,040,227		478,840	365,801
25	Contributions, gifts, grants paid.......	2,785,000			2,785,000
26	Total expenses and disbursements. Add lines 24 and 25	3,825,227		478,840	3,150,801
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-2,091,969
b	Net investment income (if negative, enter -0-)			1,252,505
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.............	4,319,380	6,715,346	6,715,346
	2	Savings and temporary cash investments.........	169,098	246,658	246,658
	3	Accounts receivable 31,447
		Less: allowance for doubtful accounts	11,493	31,447	31,447
	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)	24,635,984	List of Attached Documents: // Content 10,640,108	10,654,968
	b	Investments—corporate stock (attach schedule).......	10,861,476	List of Attached Documents: // Content 11,537,148	19,989,686
	c	Investments—corporate bonds (attach schedule).......	0	List of Attached Documents: // Content 8,803,612	8,673,354
	11	Investments—land, buildings, and equipment: basis 2,869,173
		Less: accumulated depreciation (attach schedule) 237,750	2,664,669	List of Attached Documents: // Content 2,631,423	2,952,000
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 1,643,405
		Less: accumulated depreciation (attach schedule) 99,899	1,574,654	List of Attached Documents: // Content 1,543,506	1,712,380
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	44,236,754	42,149,248	50,975,839
	17	Accounts payable and accrued expenses..........	3,124	5,946
	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 )	List of Attached Documents: // Content 0	List of Attached Documents: // Content 1,641
	23	Total liabilities (add lines 17 through 22).........	3,124	7,587
		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	44,233,630	42,141,661
	29	Total net assets or fund balances (see instructions).....	44,233,630	42,141,661
	30	Total liabilities and net assets/fund balances (see instructions).	44,236,754	42,149,248

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) ...............

44,233,630

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

-2,091,969

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

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

42,141,661

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 .

42,141,661

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	P
b	GAIN ON SALE OF ASSETS	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	18,807,372	18,799,391	7,981
b	440		440
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			7,981
b			440
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	8,421
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	17,410
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	17,410
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	17,410
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	15,500
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	21,500
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	37,000
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	166
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	19,424
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax19,424	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)

WA, MS

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

JEFF CRAWFORD Telephone no. right arrow

(360) 352-1300

Located at right arrow

1006 PLYMOUTH STREET SWOLYMPIAWA ZIP+4 right arrow

98502

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)

Yes

(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? .................

Yes

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

List of Attached Documents:

// Content

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
RICK WALLEY	DIRECTOR/BOARD CHAIR (FROM 10/24) 1.00	0	0	0
1006 PLYMOUTH STREET SW OLYMPIA,WA98502	DIRECTOR/BOARD CHAIR (FROM 10/24) 1.00	0	0	0
KAREN BUCKLEY	DIRECTOR/BOARD CHAIR (THRU 10/24) 1.00	0	0	0
1006 PLYMOUTH STREET SW OLYMPIA,WA98502	DIRECTOR/BOARD CHAIR (THRU 10/24) 1.00	0	0	0
LORI BOOTH	DIRECTOR/VICE CHAIR (FROM 10/24) 1.00	0	0	0
1006 PLYMOUTH STREET SW OLYMPIA,WA98502	DIRECTOR/VICE CHAIR (FROM 10/24) 1.00	0	0	0
SUE BENNETT	DIRECTOR/SECRETARY (THRU 10/24) 1.00	0	0	0
1006 PLYMOUTH STREET SW OLYMPIA,WA98502	DIRECTOR/SECRETARY (THRU 10/24) 1.00	0	0	0
BARBARA BENSON	DIRECTOR/SECRETARY (FROM 10/24) 1.00	0	0	0
1006 PLYMOUTH STREET SW OLYMPIA,WA98502	DIRECTOR/SECRETARY (FROM 10/24) 1.00	0	0	0
MIKE MURPHY	DIRECTOR/TREASURER (THRU 10/24) 1.00	0	0	0
1006 PLYMOUTH STREET SW OLYMPIA,WA98502	DIRECTOR/TREASURER (THRU 10/24) 1.00	0	0	0
JENNIFER HENDERSON	DIRECTOR/TREASURER (FROM 10/24) 1.00	0	0	0
1006 PLYMOUTH STREET SW OLYMPIA,WA98502	DIRECTOR/TREASURER (FROM 10/24) 1.00	0	0	0
JUNE SHANNON	DIRECTOR 1.00	0	0	0
1006 PLYMOUTH STREET SW OLYMPIA,WA98502	DIRECTOR 1.00	0	0	0
TRACY JEFFCOAT	DIRECTOR 1.00	0	0	0
1006 PLYMOUTH STREET SW OLYMPIA,WA98502	DIRECTOR 1.00	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
JEFF CRAWFORD	ACCOUNTING MANAGER 29.50	103,555	11,474	0
1006 PLYMOUTH STREET SW OLYMPIA,WA98502	ACCOUNTING MANAGER 29.50	103,555	11,474	0
DANIEL MARCOTTE	GROUNDSKEEPER 39.30	65,956	11,474	0
1006 PLYMOUTH STREET SW OLYMPIA,WA98502	GROUNDSKEEPER 39.30	65,956	11,474	0
CAROLYN GADLEY	OFFICE MANAGER 38.80	61,392	11,474	0
1006 PLYMOUTH STREET SW OLYMPIA,WA98502	OFFICE MANAGER 38.80	61,392	11,474	0
CARMEN TORRES RIVERA	GROUNDSKEEPER 40.20	44,732	11,474	0
1006 PLYMOUTH STREET SW OLYMPIA,WA98502	GROUNDSKEEPER 40.20	44,732	11,474	0


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
BEAN GENTRY WHEELER & PETERNELL PLLC	LEGAL SERVICES	75,148
910 LAKERIDGE WAY SW OLYMPIA,WA98502	LEGAL SERVICES	75,148

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	HOLD & MAINTAIN REAL ESTATE FOR NATURE CONSERVANCY PURPOSES.	367,445
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...................

40,462,090

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

6,748,622

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

2,983,447

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

50,194,159

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.........................

50,194,159

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

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

752,912

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

49,441,247

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

2,472,062

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..................

2,472,062

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

17,410

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

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

17,410

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

2,454,652

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

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

2,454,652

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

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

2,454,652

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 ..........

3,150,801

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. .......

3,150,801

Form 990-PF (2024)

Page 9

Part XII

Undistributed Income (see instructions)

	(a) Corpus	(b) Years prior to 2023	(c) 2023	(d) 2024
1 Distributable amount for 2024 from Part X, line 7				2,454,652
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......			1,517,879
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: $ 3,150,801
a Applied to 2023, but not more than line 2a			1,517,879
b Applied to undistributed income of prior years (Election required—see instructions).....		0
c Treated as distributions out of corpus (Election required—see instructions)........	0
d Applied to 2024 distributable amount.....				1,632,922
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 ..........				821,730
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
CITY OF TENINO WA 149 HODGDEN ST S TENINO,WA98589		GOV	FOR ACQUISITION & STEWARDSHIP OF LAND TO BE HELD & MAINTAINED CONSERVANCY/PARKLAND PURPOSES IN PERPETUITY	440,000
LAND TRUST FOR THE MISSISSIPPI COASTAL PLAIN PO BOX 245 BILOXI,MS39533		PC	FOR ACQUISITION & STEWARDSHIP OF LAND TO BE HELD & MAINTAINED FOR CONSERVANCY PURPOSES IN PERPETUITY	2,000,000
FRIENDS OF THE ANIMAL SHELTER IN HANCOCK COUNTY PO BOX 2274 BAY ST LOUIS,MS39521		PC	CONTROL OF FERAL AND DOMESTIC ANIMAL POPULATIONS FOR WILDLIFE HABITAT ENHANCEMENT	35,000
HEERNETT ENVIRONMENTAL FOUNDATION INC 5078 POPE JOHN PAUL II BLVD STE 105 AVE MARIA,FL34142		POF	FOR ACQUISITION & STEWARDSHIP OF LAND TO BE HELD & MAINTAINED FOR CONSERVANCY PURPOSES IN PERPETUITY	5,000
OLYMPIAECOSYSTEMS 1107 WEST BAY DR NW STE 101A OLYMPIA,WA98502		PC	FOR ACQUISITION & STEWARDSHIP OF LAND TO BE HELD & MAINTAINED FOR CONSERVANCY PURPOSES IN PERPETUITY	305,000
Total ................................. 3a				2,785,000

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 ...........			14	5,704
4 Dividends and interest from securities ....			14	1,690,900
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	-241,781
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	8,421
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		1,463,244	0

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

1,463,244

(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:

TY 2024 AccountingFeesSchedule

Name:

ANGELA J BOWEN CONSERVANCY FOUNDATION

EIN:

91-2015916

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	29,920	13,571		17,246

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule

Name:

ANGELA J BOWEN CONSERVANCY FOUNDATION

EIN:

91-2015916

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income
LAND - ANCHOR LANE, OLYMPIA WA	2021-01-01	82,600		L		0	0
LAND - LANDRUM FRAM, MIZE MS	2021-01-01	161,799		L		0	0
LAND - DESCHUTES PKWY, OLYMPIA	2021-01-01	28,900		L		0	0
LAND - 1319 10TH AVE SW, OLYMPIA	2021-01-01	85,242		L		0	0
LAND 1321 10TH AVE SW, OLYMPIA	2021-01-01	76,302		L		0	0
LAND 1202 10TH AVE SW	2017-09-01	113,299		L		0	0
LAND 923 RODGERS ST SW	2017-09-01	71,186		L		0	0
BUILDING 1202 10TH AVE SW	2017-09-01	321,701	82,267	SL	27.500000000000	11,698	11,698
BUILDING 923 RODGERS ST SW	2021-09-01	199,814	45,797	SL	27.500000000000	7,266	7,266
LAND - 3611 7TH AVE SW, OLYMPIA	2021-01-01	820,000		L		0	0
BUILDING - 1010 ROGERS	2021-05-31	434,485	40,815	SL	27.500000000000	15,799	15,799
DEMOLITION COSTS - 1319 10TH AVE SW, OLYMPIA	2021-06-30	114,916		L		0	0
DEMOLITION COSTS - 1321 10TH AVE SW, OLYMPIA	2021-06-30	72,675		L		0	0
BUILDING - 1006 PLYMOUTH	2021-06-10	340,000	31,940	SL	27.500000000000	12,364	0
LAND - 1006 PLYMOUTH	2021-06-10	85,000		L		0	0
BUILDING IMPROVEMENTS - 1006 PLYMOUTH	2021-09-01	60,281	5,115	SL	27.500000000000	2,192	0
LAND - CAPITAL VIEW LOTS18-20	2021-05-31	79,050		L		0	0
LAND - PLYMOUTH WOODS	2021-05-31	140,100		L		0	0
AUTOMOBILE - AJBCF	2021-05-31	6,898	3,565	SL	5.000000000000	1,380	0
FURNITURE AND FIXTURES - AJBCF	2021-05-31	7,376	2,723	SL	7.000000000000	1,054	0
COMPUTER HW & SW - AJBCF	2021-05-31	31,048	16,042	SL	5.000000000000	6,210	0
LAND - 1010 ROGERS	2021-05-31	130,515		L		0	0
COLCC LAPTOP OFFICE COMPUTER	2021-09-15	1,619	756	SL	5.000000000000	324	0
RIGHT COMPUTERS - 9 BOARD MEMBERS	2021-09-08	11,126	5,192	SL	5.000000000000	2,225	0
RIGHT CONFIG. LAPTOPS BRD DIRE	2021-11-17	2,523	1,052	SL	5.000000000000	505	0
NEW ROOF - 923 ROGERS	2021-09-30	12,034	985	SL	27.500000000000	438	438
923 ROGERS IMPROVEMENTS	2021-12-31	3,652	266	SL	27.500000000000	133	133
1202 10TH - MOVEABLE FURNITURE & EQUIPMENT (GUEST HOUSE)	2021-05-31	5,000	1,845	SL	7.000000000000	714	714
GARAGE DRIVEWAY GATE - 1006	2022-03-23	863	101	SL	15.000000000000	58	0
FENCE FOR BARN AND DRIVEWAY AREA - 1006	2022-08-31	2,122	188	SL	15.000000000000	141	0
FENCE - PLYMOUTH WOODS - 1636	2022-05-04	10,218	1,135	SL	15.000000000000	681	0
FENCE - DESCHUTES PKWY, OLYMPIA	2022-03-23	4,027	469	SL	15.000000000000	268	0
FENCE - 1319 10TH AVE SW, OLYMPIA	2022-01-19	10,501	1,342	SL	15.000000000000	700	0
FENCE - 1321 10TH AVE SW, OLYMPIA	2022-01-19	10,501	1,342	SL	15.000000000000	700	0
LAND - 1001 ROGERS	2021-05-31	214,000		L		0	0
DOOR AND WINDOW REMODEL - 923 ROGERS	2023-12-31	4,223		SL	27.500000000000	154	154
BOILER - 1010 ROGERS	2023-12-31	12,451		SL	7.000000000000	1,779	1,779
RENOVATION - 1202 10TH AVE SW	2023-12-31	689,149		SL	27.500000000000	25,060	25,060
BATHROOM REMODEL- 1006 PLYMOUTH	2023-12-31	3,718		SL	27.500000000000	135	0
HVAC FURNACE - 1202 10TH AVE SW	2023-12-31	19,135		SL	7.000000000000	2,734	2,734
RENOVATION - 1202 10TH AVE SW	2024-12-31	32,529		SL	27.500000000000	0	0

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 ExpenditureResponsibilityStmt

Name:

ANGELA J BOWEN CONSERVANCY FOUNDATION

EIN:

91-2015916

Grantee's Name	Grantee's Address	Grant Date	Grant Amount	Grant Purpose	Amount Expended By Grantee	Any Diversion By Grantee?	Dates of Reports By Grantee	Date of Verification	Results of Verification
HEERNETT ENVIRONMENTAL FOUNDATION INC	5078 POPE JOHN PAUL II BLVD STE 105 AVE MARIA,FL34142	2024-09-11	5,000	FOR ACQUISITION & STEWARDSHIP OF LAND TO BE HELD & MAINTAINED FOR CONSERVANCY PURPOSES IN PERPETUITY	550	NO	DECEMBER 31, 2024

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

ANGELA J BOWEN CONSERVANCY FOUNDATION

EIN:

91-2015916

Name of Bond	End of Year Book Value	End of Year Fair Market Value
JOHN DEERE CAPIT 2.05% 01/09/25	257,515	249,853
THE GOLDMAN SACHS 3.5% 01/23/25	269,223	249,803
TOYOTA MOTOR CREDIT 3.0% 04/01/25	264,493	249,080
JPMORGAN CHASE & 3.9% 07/15/25	275,790	249,122
UNITEDHEALTH GRO 3.75% 07/15/25	272,218	248,757
BERKSHIRE HATHA 3.125% 03/15/26	273,405	246,153
AMGEN INC. 2.6% 08/19/26	265,968	241,836
CITIGROUP INC.	250,000	234,678
MORGAN STANLEY BA	240,000	240,047
LIVE OAK BANKING	245,000	244,638
PREMIER BANK	235,000	235,306
SAFRA NTNL BANK O	235,000	235,225
SANTANDER BANK,	235,000	235,273
THE AMERICAN NTN	235,000	235,298
LENDINGCLUB BANK	240,000	240,378
DOLLAR BANK, FEDE	245,000	245,921
FIRST FOUNDATION	230,000	230,714
MORGAN STANLEY BA	200,000	200,707
BMO BANK NTNL ASS	225,000	225,827
GOLDMAN SACHS BA	225,000	225,817
CROSS RIVER BANK	230,000	230,794
BARCLAYS BANK DEL	230,000	231,046
DISCOVER BANK 5.0% 08/22/25	235,000	236,065
SOFI BANK, NTNL ASS 5.0% 08/25/25	225,000	226,078
COMMERCIAL BANK OF 5.0% 09/08/25	230,000	231,298
EAGLEBANK 5.05% 09/08/25	225,000	226,325
SALLIE MAE BANK 4.65% 10/27/25	245,000	245,915
BANK OF AMERICA, 5.4% 11/10/25	245,000	247,566
BANK HAPOALIM B. 5.25% 11/28/25	220,000	222,107
CALPRIVATE BANK 5.0% 12/02/25	230,000	229,990
MORGAN STANLEY P 5.05% 06/01/26	220,000	222,847
THE AMERICAN NTNL B 5.0% 06/05/26	220,000	222,723
BANK OF AMERICA, 5.05% 06/08/26	220,000	222,893
COMMUNITY BANKER 4.75% 08/28/26	220,000	222,610
STELLAR BANK 5.1% 03/05/27	220,000	220,162
THE DART BANK 5.0% 11/16/27	240,000	240,240
CELTIC BANK CORP 5.1% 11/20/28	230,000	230,262

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

ANGELA J BOWEN CONSERVANCY FOUNDATION

EIN:

91-2015916

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC	58,315	88,850
ADVANCED MICRO DEVICE IN	57,475	181,185
AFLAC INC	82,380	206,880
ALLIANT ENERGY CORP	85,660	118,280
ALLSTATE CORP	111,100	192,790
AMAZON.COM INC	171,780	219,390
AMERICAN ELEC PWR CO INC	166,175	184,460
AMERIPRISE FINL INC	82,450	266,215
ANALOG DEVICES INC	19,534	49,291
APPLIED MATLS INC	90,310	325,260
ARCHER-DANIELS MIDLAND C	99,180	101,040
ASTRAZENECA PLC F	95,360	131,040
AT&T INC	173,731	136,620
ATMOS ENERGY CORP	88,150	139,270
AVISTA CORP	51,228	36,630
BANK HAWAII CORP	78,450	71,240
BANK OF AMERICA CORP	79,430	131,850
BECTON DICKINSON & CO	194,064	226,870
BOEING CO	91,584	53,100
BP P L C F	69,895	59,120
CHEMOURS CO	60,009	33,800
CONOCOPHILLIPS	87,670	198,340
CONSOLIDATED EDISON INC	168,250	178,460
CONSTELLATION ENERGY COR	13,596	74,495
CORTEVA INC	45,248	86,579
DANAHER CORP	120,195	114,775
DEERE & CO	57,868	211,850
DEVON ENERGY CORP NEW	96,211	52,368
DOUGLAS DYNAMICS INC	89,185	47,260
DUPONT DE NEMOURS INC	122,984	115,900
EASTMAN CHEM CO	86,335	91,320
EATON CORP PLC F	96,267	99,561
ELI LILLY AND CO	161,690	1,544,000
EMERSON ELEC CO	193,468	386,166
EVERGY INC	100,786	98,357
FORD MTR CO DEL	112,734	99,000
GALLAGHER ARTHUR J & CO	40,583	198,695
GARMIN LTD F	51,645	206,260
GE AEROSPACE	113,050	166,790
GE HEALTHCARE TECHNOLOGI	73,766	78,180
GE VERNOVA INC	108,554	263,144
GENERAL DYNAMICS CORP	403,432	526,980
GENERAL MLS INC	239,813	287,028
GENUINE PARTS CO	103,700	116,760
HALLIBURTON CO	100,709	81,570
HERITAGE FINL CORP WASH	391,875	367,500
INTEL CORP	205,575	100,250
INTERNTNL FLAVORS & FRAG	200,705	129,784
JPMORGAN CHASE & CO	228,313	599,275
LEGGETT & PLATT INC	92,395	19,200
LOCKHEED MARTIN CORP	611,830	971,880
MARSH & MCLENNAN COS INC	233,715	637,230
MCDONALDS CORP	134,696	144,945
MERCEDES BENZ GROU ORDF	72,726	55,270
MERCK & CO. INC.	225,667	348,180
MICROCHIP TECHNOLOGY INC	86,260	114,700
MICROSOFT CORP	352,008	1,770,335
NIKE INC	105,095	75,670
NORTHROP GRUMMAN CORP	271,396	469,290
NOVO-NORDISK A S F	70,842	51,612
NUCOR CORP	111,300	233,420
NVIDIA CORP	72,613	402,870
PACCAR INC	81,120	156,030
PAYCHEX INC	170,485	420,660
PEPSICO INC	151,630	152,060
PPL CORP	39,245	32,460
PROCTER & GAMBLE CO	184,230	335,300
RTX CORP	234,084	347,160
SEALED AIR CORP NEW	88,835	67,660
SONOCO PRODS CO	96,200	97,700
STARBUCKS CORP	83,099	91,250
SYSCO CORP	84,504	122,336
T-MOBILE US INC	64,478	110,365
TAIWAN SEMICONDUCTOR M F	92,100	493,725
TARGET CORP	105,818	67,590
TE CONNECTIVITY PLC F	79,350	142,970
TESLA INC	67,876	121,152
TEXAS INSTRS INC	82,540	187,510
THE BOEING CO 6% PFD	56,219	60,890
THOMSON REUTERS CORP F	41,145	140,172
TJX COS INC NEW	68,796	120,810
TORONTO DOMINION BK ON F	106,690	106,480
TOTALENERGIES SE F	103,620	109,000
UBER TECHNOLOGIES INC	138,802	120,640
UNILEVER PLC F	114,530	113,400
UNION PAC CORP	110,316	114,020
VERIZON COMMUNICATIONS I	77,063	63,984
WARNER BROS DISCOVERY IN	69,233	19,882
WASTE MGMT INC DEL	307,853	807,160
WELLS FARGO & CO	47,130	70,240
XCEL ENERGY INC	49,488	67,520
XYLEM INC	123,650	232,040
3M CO	156,009	129,090

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

ANGELA J BOWEN CONSERVANCY FOUNDATION

EIN:

91-2015916

US Government Securities - End of Year Book Value:

10,640,108

US Government Securities - End of Year Fair Market Value:

10,654,968

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

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

- TIN:

TY 2024 InvestmentsLandSchedule2

Name:

ANGELA J BOWEN CONSERVANCY FOUNDATION

EIN:

91-2015916

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value
LAND 1202 10TH AVE SW	113,299	0	113,299
LAND 923 RODGERS ST SW	71,186	0	71,186
BUILDING 1202 10TH AVE SW	321,701	93,965	227,736
BUILDING 923 RODGERS ST SW	199,814	53,063	146,751
LAND - 3611 7TH AVE SW, OLYMPIA	820,000	0	820,000
BUILDING - 1010 ROGERS	434,485	56,614	377,871
LAND - 1010 ROGERS	130,515	0	130,515
NEW ROOF - 923 ROGERS	12,034	1,423	10,611
923 ROGERS IMPROVEMENTS	3,652	399	3,253
1202 10TH - MOVEABLE FURNITURE & EQUIPMENT (GUEST HOUSE)	5,000	2,559	2,441
DOOR AND WINDOW REMODEL - 923 ROGERS	4,223	154	4,069
BOILER - 1010 ROGERS	12,451	1,779	10,672
RENOVATION - 1202 10TH AVE SW	689,149	25,060	664,089
HVAC FURNACE - 1202 10TH AVE SW	19,135	2,734	16,401
RENOVATION - 1202 10TH AVE SW	32,529	0	32,529

- TIN:

TY 2024 LandEtcSchedule2

Name:

ANGELA J BOWEN CONSERVANCY FOUNDATION

EIN:

91-2015916

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
LAND - ANCHOR LANE, OLYMPIA WA	82,600	0	82,600
LAND - LANDRUM FRAM, MIZE MS	161,799	0	161,799
LAND - DESCHUTES PKWY, OLYMPIA	28,900	0	28,900
LAND - 1319 10TH AVE SW, OLYMPIA	85,242	0	85,242
LAND 1321 10TH AVE SW, OLYMPIA	76,302	0	76,302
DEMOLITION COSTS - 1319 10TH AVE SW, OLYMPIA	114,916	0	114,916
DEMOLITION COSTS - 1321 10TH AVE SW, OLYMPIA	72,675	0	72,675
BUILDING - 1006 PLYMOUTH	340,000	44,304	295,696
LAND - 1006 PLYMOUTH	85,000	0	85,000
BUILDING IMPROVEMENTS - 1006 PLYMOUTH	60,281	7,307	52,974
LAND - CAPITAL VIEW LOTS18-20	79,050	0	79,050
LAND - PLYMOUTH WOODS	140,100	0	140,100
AUTOMOBILE - AJBCF	6,898	4,945	1,953
FURNITURE AND FIXTURES - AJBCF	7,376	3,777	3,599
COMPUTER HW & SW - AJBCF	31,048	22,252	8,796
COLCC LAPTOP OFFICE COMPUTER	1,619	1,080	539
RIGHT COMPUTERS - 9 BOARD MEMBERS	11,126	7,417	3,709
RIGHT CONFIG. LAPTOPS BRD DIRE	2,523	1,557	966
GARAGE DRIVEWAY GATE - 1006	863	159	704
FENCE FOR BARN AND DRIVEWAY AREA - 1006	2,122	329	1,793
FENCE - PLYMOUTH WOODS - 1636	10,218	1,816	8,402
FENCE - DESCHUTES PKWY, OLYMPIA	4,027	737	3,290
FENCE - 1319 10TH AVE SW, OLYMPIA	10,501	2,042	8,459
FENCE - 1321 10TH AVE SW, OLYMPIA	10,501	2,042	8,459
LAND - 1001 ROGERS	214,000	0	214,000
BATHROOM REMODEL- 1006 PLYMOUTH	3,718	135	3,583

- TIN:

TY 2024 LegalFeesSchedule

Name:

ANGELA J BOWEN CONSERVANCY FOUNDATION

EIN:

91-2015916

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	77,845	1,467		76,378

- TIN:

TY 2024 OtherExpensesSchedule

Name:

ANGELA J BOWEN CONSERVANCY FOUNDATION

EIN:

91-2015916

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
AUTO EXPENSE	3,919	2,402	1,517
BANK CHARGES	99	0	99
INSURANCE	15,961	8,519	5,799
LICENSE AND PERMITS	446	215	231
POSTAGE	930	26	904
SMALL EQUIPMENT RENTAL	1,959	1,719	240
REPAIRS AND MAINTENANCE	79,739	57,867	21,872
SOFTWARE	5,460	0	5,460
SUPPLIES	28,705	20,913	4,971
TELEPHONE	1,362	1,362	0
UTILITIES	21,090	13,296	7,794

- TIN:

TY 2024 OtherLiabilitiesSchedule

Name:

ANGELA J BOWEN CONSERVANCY FOUNDATION

EIN:

91-2015916

Description	Beginning of Year - Book Value	End of Year - Book Value
SECURITY DEPOSIT	0	1,641

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

ANGELA J BOWEN CONSERVANCY FOUNDATION

EIN:

91-2015916

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
CONSULTANT FEES	43,318	38,691		4,627
INVESTMENT MANAGEMENT FEES	117,864	117,864		0

- TIN:

TY 2024 TaxesSchedule

Name:

ANGELA J BOWEN CONSERVANCY FOUNDATION

EIN:

91-2015916

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INCOME AND EXCISE TAX	68,688	0		0
REAL ESTATE TAXES	35,747	28,268		0