Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
RUDD FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O LRICO SVCS LLC 2416 E 37TH ST N
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WICHITA, KS672193538
A Employer identification number

88-6059216
B Telephone number (see instructions)

(316) 847-4865
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$78,966,569J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 3,223,623
2 Check right arrow.............
3 Interest on savings and temporary cash investments 42,390 42,390  
4 Dividends and interest from securities... 780,763 790,475  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
23,943
b Gross sales price for all assets on line 6a 501,301
7 Capital gain net income (from Part IV, line 2)... 106,733
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,232,299 1,568,258 0
12 Total. Add lines 1 through 11........ 6,303,018 2,507,856 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 389,231     389,231
14 Other employee salaries and wages...... 262,624     262,624
15 Pension plans, employee benefits....... 78,707     78,707
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,150 315 0 2,835
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
122,654 69,181 0 53,473
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
61,519 1,819 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
8,244 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings....... 22,091     22,091
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
160,438 2,060 0 155,234
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,108,658 73,375 0 964,195
25 Contributions, gifts, grants paid....... 2,049,040 2,049,040
26 Total expenses and disbursements. Add lines 24 and 25 3,157,698 73,375 0 3,013,235
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,145,320
b Net investment income (if negative, enter -0-) 2,434,481
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 0 0 0
2 Savings and temporary cash investments......... 5,030,782 1,916,879 1,916,879
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) right arrow0
Less: allowance for doubtful accounts right arrow0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 3,622 0 0
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
0 		0
c Investments—corporate bonds (attach schedule)....... 1,941,292 Click to see attachment
List of Attached Documents:
// Content
2,518,302 		2,300,546
11 Investments—land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 31,633,159 Click to see attachment
List of Attached Documents:
// Content
32,044,396 		72,801,177
14 Land, buildings, and equipment: basis right arrow92,842
Less: accumulated depreciation (attach schedule) right arrow5,775 32,105 Click to see attachment
List of Attached Documents:
// Content
87,067 		87,067
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
-748,072 		Click to see attachment
List of Attached Documents:
// Content
1,860,900
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 38,640,960 35,818,572 78,966,569
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
691,505 		Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 691,505 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 37,949,455 35,818,572
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 37,949,455 35,818,572
30 Total liabilities and net assets/fund balances (see instructions). 38,640,960 35,818,572
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
37,949,455
2
Enter amount from Part I, line 27a .....................
2
3,145,320
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
41,094,775
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
5,276,203
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
35,818,572
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b Kayne Anderson Energy Fund VII, L.P. P    
c KEPE Continuation Fund I, L.P. P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 983,875   854,883 128,992
b     22,291 -22,291
c 32     32
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     0 128,992
b     0 -22,291
c     0 32
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 106,733
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 33,839
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-) Click to see attachment
List of Attached Documents:
// Content
2 0
3 Add lines 1 and 2........................... 3 33,839
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 33,839
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 40,607
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,607
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 357
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 6,411
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow6,411 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowKS
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions Click to see attachment
List of Attached Documents:
// Content
.............
11
Yes
 
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.ruddfoundation.org
14
The books are in care ofright arrowDARRELL SWANK Telephone no.right arrow (316) 847-4865

Located atright arrow2416 EAST 37TH STREET NORTHWICHITAKS ZIP+4right arrow672193538
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Samantha L Rudd Trustee
4.00 		25,000 0 0
2416 E 37th Street North
Wichita,KS67219
Andrea B Skibell Trustee
4.00 		25,000 0 0
2416 E 37th Street North
Wichita,KS67219
Darrell D Swank Trustee & President
4.00 		25,000 0 0
2416 E 37th Street North
Wichita,KS67219
Steven Kay Trustee
4.00 		25,000 0 0
2416 E 37th Street North
Wichita,KS67219
Patrick Roney Trustee
4.00 		25,000 0 0
2416 E 37th Street North
Wichita,KS67219
Angie Gregory Secretary
4.00 		0 0 0
2416 E 37th Street North
Wichita,KS67219
Corrine Roberts Vice President / Program Director
40.00 		264,231 10,065 600
2416 E 37th Street North
Wichita,KS67219
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
Alma G Hidalgo-Blankinship PROG.MGR. OUTREACH
40.00 		75,400 3,552 600
2416 E 37TH STREET NORTH
WICHITA,KS67219
Danielle L Sutter PROG.MGR.ALUM REL
40.00 		73,055 7,642 600
2416 E 37TH STREET NORTH
WICHITA,KS67219
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
 
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 SEE STATEMENT 1,256,465
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
14,095,529
b
Average of monthly cash balances.......................
1b
4,521,238
c
Fair market value of all other assets (see instructions)................
1c
62,127,251
d
Total (add lines 1a, b, and c).........................
1d
80,744,018
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
80,744,018
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,211,160
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
79,532,858
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,976,643
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
3,976,643
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
33,839
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
0
c
Add lines 2a and 2b............................
2c
33,839
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,942,804
4
Recoveries of amounts treated as qualifying distributions................
4
4,344
5
Add lines 3 and 4............................
5
3,947,148
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,947,148
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
3,013,235
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
70,387
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,083,622
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 3,947,148
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:2022, 2021, 2020 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 529,061
b From 2020...... 905,478
c From 2021...... 955,788
d From 2022...... 2,034,331
e From 2023...... 0
f Total of lines 3a through e ........ 4,424,658
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 3,083,622
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 3,083,622
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 863,526 863,526
(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 3,561,132
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		3,561,132
10 Analysis of line 9:
a Excess from 2020.... 571,013
b Excess from 2021.... 955,788
c Excess from 2022.... 2,034,331
d Excess from 2023.... 0
e Excess from 2024.... 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
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.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
DARRELL SWANK
2416 EAST 37TH STREET NORTH
WICHITA,KS672193538
(316) 617-2029
bThe form in which applications should be submitted and information and materials they should include:
SEE STATEMENT
cAny submission deadlines:
SEE STATEMENT
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE STATEMENT
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

League 42 Foundation

PO Box 20026
WICHITA,KS67208 		  PC General Donation 30,000

Sonoma County Regional Parks Foundation

2300 County Center Dr 120A
Santa Rosa,CA95403 		  PC General Donation 5,000

Keystone Therapy & Training Services Foundation

4415 Sonoma Hwy Ste A
Santa Rosa,CA95049 		  PC General Donation 10,000

Alzheimers Association

225 N Michigan Ave 17th Floor
Chicago,IL60601 		  PC General Donation 30,000

The V Foundation for Cancer Research

14600 Weston Parkway
Cary,NC27513 		  PC General Donation 50,000

Boys & Girls Clubs of St Helena and Calistoga

1420 Tainter Street
St Helena,CA94574 		  PC General Donation 25,000

Friends of the Aspen Animal Shelter (FAAS)

101 Animal Shelter Road
Aspen,CO81611 		  PC General Donation 5,000

Pet Network Humane Society

401 Village Blvd
Incline Village,NV89451 		  PC General Donation 10,000

SommFoundation

PO Box 2735
Petaluma,CA94953 		  PC General Donation 88,587

The Washington Institute for Near East Policy

1111 19th Street NW Suite 500
Washington,DC20036 		  PC General Donation 10,000

UJA Federation of New York

130 E 59th St
New York,NY100221302 		  PC General Donation 117,000

Stand Together Trust

1310 N Courthouse
Arlington,VA22203 		  PC General Donation 500,000

Abigail Laird

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 188

Abigail Malanchuk

600 Park Street
Hays,KS67601 		NONE I Scholarship 1,057

Adam Bosworth

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 5,766

Adriana Owens

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 15,906

Alayna Nguyen

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 6,048

Alejandra Facio

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 11,329

Alexander Baird

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 6,555

Alexander Christensen

600 Park Street
Hays,KS67601 		NONE I Scholarship 283

Alia Michaelis

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 8,248

Aliyah Herring

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 6,852

Allison Wiggs

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 6,413

Alyssa Behrens

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 21,210

Amy Nguyen

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 11,474

Angelique Zumbrunnen

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 6,107

Annaliese Jorgenson

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 8,365

Annie Scoggin

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 13,885

Ashlee Villarreal

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 12,872

Ashley Cookson

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 5,483

Ashlyn Armstrong

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 12,730

Aubrie Thomison

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 17,540

Austin Rempel

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 21,376

Ava Foltz

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 5,683

Ava Reis

600 Park Street
Hays,KS67601 		NONE I Scholarship 6,139

Avery Monnington

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 4,521

Bayle Sandy

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 3,247

Beau Throckmorton

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 4,305

Bethany Hollingsworth

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 3,584

Blake Murphy

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 5,435

Bryson Murphy

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 10,607

Bryson Turner

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 3,898

Carla Meraz

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 12,865

Chance Kerr

600 Park Street
Hays,KS67601 		NONE I Scholarship 7,598

Charles Slothower

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 5,068

Chinonye Otuonye

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 18,694

Christal Shaner

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 5,019

Christine Cleary

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 5,786

Christopher Brooke

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 3,996

Cohen Ayres

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 4,252

Corinne Cole

600 Park Street
Hays,KS67601 		NONE I Scholarship 7,660

Daniel Williams

600 Park Street
Hays,KS67601 		NONE I Scholarship 5,850

Deborah Alvarado

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 2,449

Drew Haag

600 Park Street
Hays,KS67601 		NONE I Scholarship 8,915

Dylan Reed

600 Park Street
Hays,KS67601 		NONE I Scholarship 15,958

Ebony Moore

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 5,184

Elias Iseman

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 16,140

Eliseo Barreno

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 17,949

Elysia Valverde

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 12,183

Emilee Cole

600 Park Street
Hays,KS67601 		NONE I Scholarship 3,116

Emma Elliott

600 Park Street
Hays,KS67601 		NONE I Scholarship 2,224

Erica Brummer

600 Park Street
Hays,KS67601 		NONE I Scholarship 4,968

Erik Moreno

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 12,047

Ethan Shea

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 8,927

Faith Ekart

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 2,554

Gabrielle Day

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 5,399

Gary Phat Tran

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 24,025

Gianna Watts

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 12,596

Gilberto Aguilera

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 15,737

Gwenyth Konig

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 3,591

Hailey Maldonado

600 Park Street
Hays,KS67601 		NONE I Scholarship 352

Hallie Fritz

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 11,265

Hanna Bailey

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 6,606

Hannah Gideon

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 89

Hayden Hartung

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 13,124

Hyler Green

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 7,417

Isaac Durst

600 Park Street
Hays,KS67601 		NONE I Scholarship 10,447

Isabella Kilman

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 4,346

Isabelle Christensen

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 659

Israel Torres-Ayala

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 6,724

Izaiah Pearce

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 5,114

Jace Lavigne

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 13,428

Jackson Haslett

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 22,027

Jade Simeona

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 13,805

Jadynn Doyle

600 Park Street
Hays,KS67601 		NONE I Scholarship 11,341

Jaiden Callahan

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 1,450

Janet Rodriguez-Morales

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 125

Jayna Wilson

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 10,129

Jillian Coleman

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 5,478

Jose Urbina Renteria

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 8,492

Kailyn Schlimme

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 6,166

Kane Huston

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 4,767

Karissa Haldeman

600 Park Street
Hays,KS67601 		NONE I Scholarship 375

Katherine Mayer

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 10,416

Katie Rempel

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 11,746

Kaydence Schotte

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 5,644

Keegan Taylor

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 2,670

Khloee Braun

600 Park Street
Hays,KS67601 		NONE I Scholarship 13,408

Kian Williams

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 16,129

Kierstyn Cunningham

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 17,791

Kyle Lavigne

600 Park Street
Hays,KS67601 		NONE I Scholarship 9,289

Kylee Kogler

600 Park Street
Hays,KS67601 		NONE I Scholarship 5,148

Kylee Mohr

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 548

Kylee Sull

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 26

Kylie Flaming

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 11,147

Kyra Byrd

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 13,526

Levi Moltz

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 609

Lexis Beesley

600 Park Street
Hays,KS67601 		NONE I Scholarship 4,221

Liberty Gilkey

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 10,187

LilianaRose Blaufuss

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 4,667

Lyly Le

600 Park Street
Hays,KS67601 		NONE I Scholarship 4,516

Lyndsy Hinman

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 9,712

Mackenzie Eden

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 12,528

Madison Habiger

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 7,518

Madison McClain

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 12,314

Maimoona Mohammad

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 9,484

Makenna McGivney

600 Park Street
Hays,KS67601 		NONE I Scholarship 2,888

Marisol Munoz-Morales

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 16,765

Martha Garcia

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 4,551

Maya Bishop

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 934

Mayra Ramirez

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 4,827

McKenna Schaller

600 Park Street
Hays,KS67601 		NONE I Scholarship 7,723

Megan Hensley

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 27,421

Michael Hawk

600 Park Street
Hays,KS67601 		NONE I Scholarship 2,192

Mya Scott

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 6,440

Natalee Delgado

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 12,672

Nataleigh Holguin

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 14,013

Nathan Whitsitt

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 15,898

Nicholas Zerr

600 Park Street
Hays,KS67601 		NONE I Scholarship 564

Noah Salazar

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 5,643

Peyton Herrenbruck

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 14,637

Priscilla Hoffpauir

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 6,391

Quin Girard

600 Park Street
Hays,KS67601 		NONE I Scholarship 10,589

Rachel Hagen

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 11,414

Rafael Guereque

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 13,530

Ricardo Castanon

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 7,602

Richard Gwyn Jr

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 8,264

Riggin Carney

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 19,614

Riley Jaske

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 12,348

Riley Schalk

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 7,085

Rocky Hennes

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 4,680

Sarah Foster

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 3,182

Savannah McCreight

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 9,847

Shaylee Schotte

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 4,745

Shiloh Goetzinger

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 9,112

Starlet Parham

600 Park Street
Hays,KS67601 		NONE I Scholarship 3,974

Talena McClellan

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 5,554

Taylor Schultz

211 Anderson Hall
Manhattan,KS66506 		NONE I Scholarship 380

Ty Birkenbaugh

600 Park Street
Hays,KS67601 		NONE I Scholarship 2,191

Tyrell Burns

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 747

Vatedis Coleman

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 6,804

Vivian Chau

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 6,271

Wesley Young

Campus Box 4021 1 Kellogg Circle
Emporia,KS66801 		NONE I Scholarship 3,756

Yaritza Vega

600 Park Street
Hays,KS67601 		NONE I Scholarship 799

Zain Maknojia

1845 Fairmon St Box 38
Wichita,KS67260 		NONE I Scholarship 17,580
Total .................................right arrow 3a 2,049,040
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 42,390  
4 Dividends and interest from securities ....     14 780,763  
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 23,943  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPARTNERSHIP INCOME 		901101 -37,181 1 2,265,136  
bRETURN OF PRIOR PERIOD GRANTS     1 4,344  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -37,181 3,116,576 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,079,395
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID: 24020961
Software Version: 2024v5.1


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
RUDD FOUNDATION
 
Employer identification number

88-6059216
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
RUDD FOUNDATION
  		Employer identification number
88-6059216
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Darrell D Swank
 
2416 EAST 37TH STREET STREET NORTH
 
WICHITA, KS67219

$ 11,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
Leslie G Rudd Living Trust
 
2416 E 37th Street North
 
WICHITA, KS67219

$ 3,212,623


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
RUDD FOUNDATION
  		Employer identification number

88-6059216
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 PARTNERSHIP INTEREST $ 3,212,623 2024-09-27
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
RUDD FOUNDATION
  		Employer identification number

88-6059216
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID: 24020961
Software Version: 2024v5.1

TY 2024 AccountingFeesSchedule
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax preparation 3,150 315 0 2,835

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

TY 2024 AmortizationSchedule
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
SOFTWARE 2023-07-27 2,183 686 48 1,497     2,183
SOFTWARE 2024-10-01 1,647   48 1,647     1,647

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

TY 2024 DepreciationSchedule
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
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 Adjusted Net Income Cost of Goods Sold Not Included
Vehicle 2019-11-01 42,000 35,000 S/L   6,300      
Vehicle 2024-10-01 45,614 0 SL   1,944      

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

TY 2024 GainLossSaleOtherAssetsSch
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
PUBLICLY TRADED SECURITIES         499,973 476,317     23,656  
K-1 CAPITAL GAINS         1,337       1,337  
LOSS ON VEHICLE DISPOSITION 2019-11 P 2024-10  
NA 		0 1,050 COST 0 -1,050 0

TY 2024 GeneralExplanationAttachment
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Identifier Return Reference Explanation
SUMMARY OF DIRECT CHARITABLE ACTIVITIES Form 990-PF, Part VIII-A The Rudd Scholars Program provides scholarship payments to Kansas residents who possess traits such as hard work, grit, determination and character and those who have persevered. During the 2024 tax-year, the Foundation made 144 scholarship payments to Kansas students. As part of the program, the Foundation organizes awards recognition banquets to celebrate the scholars.

TY 2024 InvestmentsCorpBondsSchedule
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Name of Bond End of Year Book Value End of Year Fair Market Value
GS CORP FI STRATEGY 1,588,838 1,412,826
GS HIGH YIELD FUND CLASS P 929,464 887,720
GOLDMAN SACHS: FIXED INCOME 0 0

TY 2024 InvestmentsOtherSchedule2
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ADVANCED RESEARCH ALPHA FUND AT COST 5,717,000 8,623,067
BANNER RIDGE SECONDARY FUND V (OFFSHORE) LP AT COST 435,045 637,081
DOMAIN INVESTORS LLC AT COST 740,061 750,000
KLINE HILL PARTNERS OFFSHORE FEEDER FUND V LP AT COST 269,299 431,437
LEXIN CELEBRATION LLC AT COST 0 0
LEXIN NASSAU AT COST 2,106,435 1
LEXIN NY 815 INVESTORS LP AT COST 94,087 2,550,000
ZR JACKSON LP AT COST 12,629,837 46,583,031
Cascade Private Capital I AT COST 465,492 464,165
Corporate Lending I AT COST 2,311,607 2,306,660
Early Funding Private Credit Fund LLC AT COST 130,000 130,000
iShares 20+ Year Treasury Bond ETF AT COST 1,111,587 908,551
iShares 7-10 Year Treasury Bond ETF AT COST 0 1,045,832
iShares Currency Hedged MSCI EAFE ETF AT COST 567,530 696,738
iShares MSCI EAFE ETF AT COST 574,558 691,983
iShares Russell 1000 Growth ETF AT COST 530,962 1,625,997
iShares Russell 1000 Value ETF AT COST 838,457 1,350,894
ML Private Assets Fund AT COST 333,000 328,328
Private Credit Corp (BDC) AT COST 976,250 975,124
Vanguard FTSE Developed Mats ETF IV AT COST 130,869 137,703
Vanguard FTSE Emerging MKTS ETF AT COST 78,849 85,297
Vanguard FTSE Emerging MKTS ETF AT COST 1,393,783 1,556,594
Vanguard Small-Cap ETF AT COST 298,472 510,355
Vanguard Total Stock Market E ETF IV AT COST 247,140 351,467
West Street Capital Partners IX AT COST 64,076 60,872
Charles Schwab AT COST 0 0
Goldman Sachs: Equity AT COST 0 0

TY 2024 LandEtcSchedule2
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Vehicles 46,664 1,945 44,719 43,534
Software 46,178 3,830 42,348 43,533
Construction in Progress 0 0 0 0


TY 2024 OtherAssetsSchedule
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Lexin Celebration LLC 0 -673,770 1,400,000
KEPE Continuation Fund I LP 0 -26,187 177,291
Kayne Anderson Energy Fund VII LP 0 -48,115 283,609


TY 2024 OtherDecreasesSchedule
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Description Amount
EXCESS OF FMV OVER COST BASIS ON DONATION OF ZR JACKSON PARTNERSHIP ASSET 2,356,691
PRIOR PERIOD SECURITY COST BASIS ADJUSTMENT TO BOOK VALUE 2,919,512


TY 2024 OtherExpensesSchedule
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Program expenses 88,012 0 0 88,012
Software Licenses 20,139 0 0 20,139
Auto expense 14,401 0 0 14,401
Supplies 6,468 0 0 6,468
Insurance 5,304 0 0 5,304
Misc 4,703 0 0 4,703
Bank fees 3,979 0 0 3,979
Postage & delivery 3,614 0 0 3,614
Payroll processing 2,908 0 0 2,908
Investment Expense 2,060 2,060 0 0
Dues and subscriptions 1,991 0 0 1,991
Marketing & Advertising 957 0 0 957
Recruiting 919 0 0 919
Mobile Devices 813 0 0 813
Education & Training 743 0 0 743
Employee Relations 283 0 0 283


TY 2024 OtherIncomeSchedule2
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME 2,227,955 1,568,258  
RETURN OF PRIOR PERIOD GRANTS 4,344    


TY 2024 OtherLiabilitiesSchedule
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Description Beginning of Year - Book Value End of Year - Book Value
LEXIN CELEBRATION COMMERCIAL 680,012 0
KAYNE ANDERSON ENERGY FUND VII 9,972 0
DUE TO LIRICO SERVICES, LLC 1,521 0


TY 2024 OtherProfessionalFeesSchedule
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Fees 69,181 69,181 0 0
IT Services Fees 3,858 0 0 3,858
Other Professional Services Fees 49,615 0 0 49,615


TY 2024 TaxesSchedule
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Federal Excise Taxes 58,000 0 0 0
Foreign taxes 1,819 1,819 0 0
State Income Taxes 1,700 0 0 0


TY 2024 TransfersFrmControlledEntities
Name:
RUDD FOUNDATION
EIN:
88-6059216
Software ID:
24020961
Software Version:
2024v5.1
Name US /
Foreign Address		 EIN Description Amount
ZR JACKSON LP 2416 E 37TH ST N
WICHITA,KS672193538 		20-0545247 DISTRIBUTIONS 1,980,000
Total