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
BIOSOPHICAL INSTITUTE INC

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 21155
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SOUTH EUCLID, OH44121

A Employer identification number

34-1884570

B Telephone number (see instructions)

(216) 382-0579

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

$8,013,988J 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)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	131,393		131,393
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-4
b	Gross sales price for all assets on line 6a 181,174
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......	List of Attached Documents: // Content	6,717	0
12	Total. Add lines 1 through 11........	138,106		131,393
13	Compensation of officers, directors, trustees, etc.	153,624		18,527	135,097
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	17,303		0	17,303
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	1,623	0	1,623
17	Interest...............	27,458		0	27,458
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	14,956	162	13,794
19	Depreciation (attach schedule) and depletion...		15,208	0
20	Occupancy..............	2,553		0	2,553
21	Travel, conferences, and meetings.......	5,010		0	5,010
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	110,669	35,885	74,784
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	348,404		54,574	277,622
25	Contributions, gifts, grants paid.......	32,900			32,900
26	Total expenses and disbursements. Add lines 24 and 25	381,304		54,574	310,522
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-243,198
b	Net investment income (if negative, enter -0-)			76,819
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.............	73,932	81,794	81,794
	2	Savings and temporary cash investments.........	115,195	31,962	31,962
	3	Accounts receivable 16
		Less: allowance for doubtful accounts	634	16	16
	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..........	2,319
	10a	Investments—U.S. and state government obligations (attach schedule)	261,758	List of Attached Documents: // Content 251,585	251,585
	b	Investments—corporate stock (attach schedule).......	5,333,457	List of Attached Documents: // Content 6,188,476	6,188,476
	c	Investments—corporate bonds (attach schedule).......	540,012	List of Attached Documents: // Content 427,392	427,392
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 1,032,059
		Less: accumulated depreciation (attach schedule) 155,857	891,410	List of Attached Documents: // Content 876,202	1,032,059
	15	Other assets (describe )	List of Attached Documents: // Content 704	List of Attached Documents: // Content 704	List of Attached Documents: // Content 704
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	7,219,421	7,858,131	8,013,988
	17	Accounts payable and accrued expenses..........	1,219	15,676
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......	358,364	325,581
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	359,583	341,257
		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	6,859,838	7,516,874
	29	Total net assets or fund balances (see instructions).....	6,859,838	7,516,874
	30	Total liabilities and net assets/fund balances (see instructions).	7,219,421	7,858,131

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

6,859,838

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

-243,198

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

List of Attached Documents:

// Content

900,234

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

7,516,874

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 .

7,516,874

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	CETERA LT TRANSACTIONS	2021-11-16	2024-05-07
b
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	181,174	181,178	-4
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-4
b
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	-4
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	1,068
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	1,068
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	1,068
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	1,198
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	975
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	2,173
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,105
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax1,105	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)

OH, ME

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

WWW.BIOSOPHICAL.ORG

The books are in care of right arrow

BARBARA NEMETH Telephone no. right arrow

(216) 382-0579

Located at right arrow

44 SUMMER STREETBATHME ZIP+4 right arrow

04530

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)

Yes

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

1a(4)

Yes

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

If "Yes," list the years right arrow

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2024)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation
LOUIS ENSEL	EXECUTIVE DIRECTOR/TRUSTEE 40.00	92,301	13,964
PO BOX 21155 SOUTH EUCLID,OH44121	EXECUTIVE DIRECTOR/TRUSTEE 40.00	92,301	13,964
PATTI BAILIE	SECY/EDUC & OUTRCH DIR/TTE 10.00	20,340	1,804
PO BOX 21155 SOUTH EUCLID,OH44121	SECY/EDUC & OUTRCH DIR/TTE 10.00	20,340	1,804
ELLEN ENSEL	PRESIDENT/TRUSTEE 3.00	0	0
PO BOX 21155 SOUTH EUCLID,OH44121	PRESIDENT/TRUSTEE 3.00	0	0
GLORIA MARK	VICE PRESIDENT/TRUSTEE 1.25	0	0
PO BOX 21155 SOUTH EUCLID,OH44121	VICE PRESIDENT/TRUSTEE 1.25	0	0
BARBARA NEMETH	TREASURER 25.00	40,983	9,882
PO BOX 21155 SOUTH EUCLID,OH44121	TREASURER 25.00	40,983	9,882

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


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









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

Form 990-PF (2024)

Page 7

Part VII

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

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

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

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	SUPPORT OF PEACE SUMMITS AND PEACE AND FORGIVENESS EDUCATION AND OUTREACH THROUGH GRANTS TO VARIOUS ORGANIZATIONS AND DIRECT SPONSORSHIP OF PROGRAMS THAT FURTHER THE ENTITY'S MISSION OF CULTIVATING A COMMUNITY AND CULTURE OF PEACE EMCOMPASSING LIFE WISDOM AND DEEP RELATIONSHIPS. TOTAL CHARITABLE DISBURSEMENTS FOR THE YEAR	310,522
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...................

6,700,475

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

77,865

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

1,160,030

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

7,938,370

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

7,938,370

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

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

119,076

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

7,819,294

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

390,965

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

390,965

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

1,068

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

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

1,068

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

389,897

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

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

389,897

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

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

389,897

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 ..........

310,522

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. .......

310,522

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				389,897
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......			209,292
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: $ 310,522
a Applied to 2023, but not more than line 2a			209,292
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.....				101,230
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 ..........				288,667
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
ACLU FOUNDATION 125 BROAD ST 18TH FLOOR NEW YORK,NY10004		PC	CHARITABLE SUPPORT	5,000
BATH TECH - BATH REGIONAL CAREER AND TECHNICAL SCHOOL 826 SHIPBUILDER DR BATH,ME04530		PC	CHARITABLE SUPPORT	1,000
EUPHRATES INSTITUTE 680 LIGHTHOUSE AVE PACIFIC GROVE,CA93950		PC	PEACE PRACTICE ALLIANCE - EXPANDING PEACE LEADERSHIP	5,000
GATEWAY COMMUNITY SERVICES MAINE 501 FOREST AVE PORTLAND,ME04101		PC	BRIDGE TO BELONG CHARITABLE SUPPORT	10,000
MIDCOAST YOUTH CENTER 4 OLD BRUNSWICK RD BATH,ME04530		PC	CHARITABLE SUPPORT	1,500
NORTH OMAHA MUSICARTTHE NOW INITIATIVE 2510 N 24TH ST OMAHA,NE68110		PC	GENERAL SUPPORT	5,000
ROTARY CLUB OF BATH P O BOX 313 BATH,ME04530		PC	CHARITABLE SUPPORT/5K	400
NATIONAL PEACE ACADEMY P O BOX 21155 SOUTH EUCLID,OH44121		PC	CHARITABLE SUPPORT	5,000
Total ................................. 3a				32,900

bApproved for future payment

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

Form 990-PF (2024)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	131,393
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	-4
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aOTHER INCOME					6,717
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		131,389	6,717

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

138,106

(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.)
11	OTHER INCOME REALIZED IN THE NORMAL COURSE OF FOUNDATION BUSINESS FROM PROGRAMMING AND OTHER ACTIVITIES

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 InvestmentsCorpBondsSchedule

Name:

BIOSOPHICAL INSTITUTE INC

EIN:

34-1884570

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BAIRD CORE PLUS BOND FUND INSTITUTIONAL CLASS	37,063	37,063
FEDERATED HERMES INSTITUTIONAL HIGH YIELD BOND FUND CLASS R6	15,241	15,241
FROST TOTAL RETURN BOND FUND INSTITUTIONAL CLASS	70,017	70,017
GUGGENHEIM TOTAL RETURN BOND FUND INSTITUTIONAL CLASS	61,970	61,970
KEYCORP STUDENT LN TR 2004-A ASSET BACKED NT I-A-2 5.679% 10/27/42 REG DTD 0	2,277	2,277
PIMCO INVESTMENT GRADE CREDIT BOND FUND INSTITUTIONAL CLASS	61,200	61,200
PGIM TOTAL RETURN BOND FUND CLASS R6	55,826	55,826
SLC STUDENT LN TR 2008-1 ASSET BACKED NT CL A-4A FLTG RATE 6.670% 12/15/32 R	1,572	1,572
TRANSAMERICA BOND FUND CLASS I	64,885	64,885
WESTERN ASSET CORE PLUS BOND FUND CLASS IS	57,341	57,341

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

BIOSOPHICAL INSTITUTE INC

EIN:

34-1884570

Name of Stock	End of Year Book Value	End of Year Fair Market Value
APPLE INC COM	641,075	641,075
ADOBE SYS INC COM	32,017	32,017
AUTOMATIC DATA PROCESSING INC COM	68,792	68,792
ALLSTATE CORP SUB DEB FIXED TO FLTG RATE	1,726	1,726
APPLIED MATLS INC COM	30,900	30,900
AMGEN INC COM	32,841	32,841
AIR PRODS & CHEMS INC COM	39,155	39,155
BROADCOM INC COM	317,621	317,621
AXIS CAP HLDGS LTD DIV-5.50% FREQ-QTRLY A PERPETUAL MATURITY CALLABLE ON OR	1,046	1,046
BANK AMER CORP COM	107,238	107,238
BECTON DICKINSON & CO COM	42,425	42,425
CHUBB LTD COM ISIN#CH0044328745	6,631	6,631
CROWN CASTLE INC COM	7,896	7,896
CLOROX CO COM	53,595	53,595
COMCAST CORP NEW CL A	66,316	66,316
CENCORA INC COM	99,084	99,084
COSTCO WHOLESALE CORP NEW COM	142,022	142,022
COHEN & STEERS PREFERRED SECURITIES AND INCOME FUND CLASS F	40,862	40,862
CISCO SYS INC COM	61,035	61,035
CVS HEALTH CORP COM	3,142	3,142
DUPONT DE NEMOURS INC COM	9,455	9,455
DANAHER CORP COM	117,071	117,071
LAUDER ESTEE COS INC CL A	1,949	1,949
EQUINIX INC COM PAR $0 001	17,915	17,915
EVERSOURCE ENERGY COM	39,340	39,340
EATON CORPORATION PLC SHS ISIN#IE00B8KQN827	207,419	207,419
FASTENAL CO COM	39,982	39,982
FRANKLIN INCOME FUND CLASS R6	49,114	49,114
CORNING INC COM	34,737	34,737
ALPHABET INC CAP STK CL C	201,866	201,866
ALPHABET INC CL A	121,152	121,152
HOME DEPOT INC COM	71,574	71,574
INTERNATIONAL BUSINESS MACHS CORP COM	112,113	112,113
INTERCONTINENTAL EXCHANGE INC COM	114,738	114,738
INTUIT COM	141,413	141,413
HUNT J B TRANS SVCS INC COM	44,030	44,030
JOHNSON & JOHNSON COM	54,233	54,233
JPMORGAN CHASE & CO COM	217,657	217,657
MASTERCARD INC CL A	113,739	113,739
MCDONALDS CORP COM	75,371	75,371
MICROCHIP TECHNOLOGY INC COM	18,237	18,237
MERCK & CO INC NEW COM	32,331	32,331
MORGAN STANLEY COM NEW	32,310	32,310
MICROSOFT CORP COM	570,290	570,290
MOTOROLA SOLUTIONS INC COM NEW	96,144	96,144
MICRON TECHNOLOGY INC COM	15,570	15,570
NEXTERA ENERGY INC COM	62,800	62,800
NIKE INC CL B	16,118	16,118
NORFOLK SOUTHN CORP COM	102,564	102,564
NEUBERGER BERMAN STRATEGIC INCOME FUND INSTITUTIONAL CLASS	38,499	38,499
PEPSICO INC COM	65,386	65,386
PFIZER INC COM	34,489	34,489
PROCTER & GAMBLE CO COM	39,398	39,398
PROGRESSIVE CORP OH COM	299,752	299,752
PIMCO INCOME FUND INSTITUTIONAL CLASS	61,084	61,084
SCHWAB CHARLES CORP NEW DEP SHS REPSTG 1/40TH INT NON CUM PERP PFD SER D 5.9	2,359	2,359
SHERWIN-WILLIAMS CO COM	61,187	61,187
SMUCKER J M CO COM NEW	46,801	46,801
S&P GLOBAL INC COM	15,937	15,937
SYSCO CORP COM	59,639	59,639
TARGET CORP COM	64,211	64,211
THERMO FISHER SCIENTIFIC INC COM	9,364	9,364
T-MOBILE US INC COM	14,789	14,789
TEXAS INSTRS INC COM	137,632	137,632
UNILEVER PLC SPON ADR NEW ISIN#US9047677045	65,942	65,942
UNITEDHEALTH GROUP INC COM	170,475	170,475
UNION PAC CORP COM	64,763	64,763
US BANCORP DEL COM NEW	28,985	28,985
VISA INC	113,142	113,142
VERALTO CORP COM	5,670	5,670
VERIZON COMMUNICATIONS INC COM	34,631	34,631
WEC ENERGY GROUP INC COM	86,047	86,047
WASTE MGMT INC DEL COM	80,514	80,514
WALMART INC COM	14,637	14,637
TRAVELERS CORP	46,492	46,492

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

BIOSOPHICAL INSTITUTE INC

EIN:

34-1884570

US Government Securities - End of Year Book Value:

251,585

US Government Securities - End of Year Fair Market Value:

251,585

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

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

- TIN:

TY 2024 LandEtcSchedule2

Name:

BIOSOPHICAL INSTITUTE INC

EIN:

34-1884570

Category / Item	Cost / Other Basis	Book Value	End of Year Fair Market Value
FURNITURE, FIXTURES, OFFICE EQUIPMENT	24,174	24,174	24,174
LAND	207,059	207,059	207,059
BUILDING	473,994	473,994	473,994
PROFESSIONAL FEES	15,058	15,058	15,058
BUILDING IMPROVEMENTS	94,564	94,564	94,564

- TIN:

TY 2024 OtherAssetsSchedule

Name:

BIOSOPHICAL INSTITUTE INC

EIN:

34-1884570

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
REFERENCE MATERIALS, DEPOSITS	704	704	704

- TIN:

TY 2024 OtherExpensesSchedule

Name:

BIOSOPHICAL INSTITUTE INC

EIN:

34-1884570

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
CLEANING SERVICES	5,740	0	5,740
INSURANCE	11,257	0	11,257
INVESTMENT ADVISORY FEE	35,832	35,832	0
LANDSCAPING AND MAINT	4,425	0	4,425
LICENSES AND FEES	690	0	690
MAINTENANCE AND REPAIRS EXPENSES	14,266	0	14,266
MISCELLANEOUS AND HOUSEHOLD EXP	260	0	260
OFFICE SUPPLIES	3,250	0	3,250
PAYROLL SERVICE FEES	1,967	0	1,967
PROFESSIONAL DEVELOPMENT	975	0	975
PROJECT WORK - ARCHIVES AND PROGRAMMING	4,700	0	4,700
UTILITIES	25,113	0	25,113
WEBSITE AND SOCIAL MEDIA	411	0	411
SNOW REMOVAL	1,730	0	1,730
OTHER INVESTMENT FEES	53	53	0

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

BIOSOPHICAL INSTITUTE INC

EIN:

34-1884570

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME	6,717		6,717

- TIN:

TY 2024 OtherIncreasesSchedule

Name:

BIOSOPHICAL INSTITUTE INC

EIN:

34-1884570

Description	Amount
UNREALIZED APPRECIATION /(DEPRECIATION) ON INVESTMENTS AND NONTAXABLE DISTNS	900,234

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

BIOSOPHICAL INSTITUTE INC

EIN:

34-1884570

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PROFESSIONAL FEES	1,623	0		1,623

- TIN:

TY 2024 TaxesSchedule

Name:

BIOSOPHICAL INSTITUTE INC

EIN:

34-1884570

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
FOREIGN TAX PAID	162	162	0
PAYROLL TAXES	12,909	0	12,909
FEDERAL EXCISE TAX PAID	1,000	0	0
REAL ESTATE TAX	885	0	885