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
SEQUOIA FARM FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1053 W ROTARY WAY SUITE A
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DECATUR, IL62521
A Employer identification number

45-5160833
B Telephone number (see instructions)

(217) 423-9286
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$122,701,891J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 17,946 17,946 17,946
4 Dividends and interest from securities... 2,023,188 2,023,188 2,023,188
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 205,634
b Gross sales price for all assets on line 6a 220,000
7 Capital gain net income (from Part IV, line 2)... 205,634
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)....... Click to see attachment
List of Attached Documents:
// Content
869,970    
12 Total. Add lines 1 through 11........ 3,116,738 2,246,768 2,041,134
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 579      
14 Other employee salaries and wages...... 1,417,983     1,417,983
15 Pension plans, employee benefits....... 165,372     165,372
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
3,702     3,702
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,895     8,895
c Other professional fees (attach schedule)....        
17 Interest............... 52     52
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
305,494     305,494
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
1,369,969    
20 Occupancy.............. 116,060     116,060
21 Travel, conferences, and meetings....... 182,752     182,752
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
790,461     790,461
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,361,319 0   2,990,771
25 Contributions, gifts, grants paid....... 15,500 0
26 Total expenses and disbursements. Add lines 24 and 25 4,376,819 0   2,990,771
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,260,081
b Net investment income (if negative, enter -0-) 2,246,768
c Adjusted net income (if negative, enter -0-)... 2,041,134
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............. 193,383 170,345 170,345
2 Savings and temporary cash investments......... 1,374,159 888,997 888,997
3 Accounts receivable right arrow83,906
Less: allowance for doubtful accounts right arrow   46,185 83,906 83,906
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   770 2,704
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 61,945,925 61,945,925 70,581,357
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow63,492,360
Less: accumulated depreciation (attach schedule) right arrow20,845,362 43,425,958 Click to see attachment
List of Attached Documents:
// Content
42,646,998 		49,400,000
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,584,293 		Click to see attachment
List of Attached Documents:
// Content
1,574,582 		Click to see attachment
List of Attached Documents:
// Content
1,574,582
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 108,569,903 107,311,523 122,701,891
Liabilities 17 Accounts payable and accrued expenses.......... 1,590 7,700
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
4,409 		 
23 Total liabilities (add lines 17 through 22)......... 5,999 7,700
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...........    
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 108,563,904 107,303,823
29 Total net assets or fund balances (see instructions)..... 108,563,904 107,303,823
30 Total liabilities and net assets/fund balances (see instructions). 108,569,903 107,311,523
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
108,563,904
2
Enter amount from Part I, line 27a .....................
2
-1,260,081
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
107,303,823
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
107,303,823
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 JD 6190R - AZ FARM P 2013-02-05 2024-01-05
b RADIO EQUIP - AZ P 2013-11-04 2024-04-12
c 2014 JEEP GR CHR VIN#0720 P 2013-08-13 2024-09-27
d RADIO EQUIP - AZ P 2014-10-23 2024-04-12
e JD 726 MULCH FINISHER SNX5300 P 2021-11-03 2024-01-29
9322 GP PLOW - AZ FARM P 2013-09-18 2024-09-27
BRENT 1282 AUGER WAGON P 2012-12-01 2024-09-03
(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 145,000 158,900 158,900 145,000
b 15,200 43,454 43,592 15,062
c   69,819 69,819  
d 300 1,091 1,091 300
e 18,000 10,672 24,900 3,772
16,500 25,100 25,100 16,500
25,000 48,900 48,900 25,000
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       145,000
b       15,062
c        
d       300
e       3,772
      16,500
      25,000
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 2 205,634
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 31,230
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  
3 Add lines 1 and 2........................... 3 31,230
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 31,230
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 32,000
b Exempt foreign organizations—tax withheld at source...... 6b  
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 32,000
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  
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 10 770
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow770 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowAZ, IL
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
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
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 arrowN/A
14
The books are in care ofright arrowCHARLOTTE RYAN Telephone no.right arrow (217) 362-8604

Located atright arrow1053 W ROTARY WAY SUITE ADECATURIL ZIP+4right arrow62521
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
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)
 
No
(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
 
 
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
HOWARD G BUFFETT President
2.00 		0   579
1053 W ROTARY WAY SUITE A
DECATUR,IL62521
CHARLOTTE RYAN Treasurer
1.00 		0    
1053 W ROTARY WAY SUITE A
DECATUR,IL61521
ANN KELLY BOLTEN Secretary
1.00 		0    
5425 WISCONSIN AVE SUITE 600
CHEVY CHASE,MD20815
MICHAEL D WALTER Director
1.00 		0    
9905 BROADMOOR RD
OMAHA,NE68114
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
J DOUGLAS OLLER CHIEF OP OFFICER
50.00 		210,628 25,524  
689 E 1100 N ROAD
PANA,IL62557
MARK RIGEL SR PROG MGR
40.00 		166,821 262,193  
8600 S HUACHUCA VISTA TRAIL
HEREFORD,AZ85615
ROBERT SCHUTT SR OPS MGR
40.00 		130,032 12,101  
21790 ERIN CIRCLE
GRETNA,NE68028
TRACY COLEMAN SR OPS MGR
40.00 		130,750 11,539  
RR 1 BOX 183A
FINDLAY,IL62534
SCOTT WOODS PROJ COORDINATOR
40.00 		109,750 496  
333 W SAMUEL ST
ASSUMPTION,IL62510
Total number of other employees paid over $50,000...................right arrow 4
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right 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 THE FOUNDATION CONDUCTS AGRICULTURAL RESEARCH EXPERIMENTS WITH A FOCUS ON WATER-USE EFFICIENCY, SOIL MANAGEMENT, AND COVER CROP USE TO REDUCE THE DEPENDENCY ON SYNTHETIC FERTILIZERS, RESEARCH WHICH CAN BE APPLIED IN BOTH DEVELOPED COUNTRIES AND IN DEVELOPING COUNTRIES TO BENEFIT SMALL-SCALE AND SUBSISTENCE FARMERS.THE FOUNDATION OWNS RANCHES AND FARMS IN CLOSE PROXIMITY TO THE US/MEXICO BORDER, ALLOWING IT TO ALSO CONDUCT RESEARCH ON HOW HUMAN TRAFFIC (DRUG TRAFFICKERS, ECONOMIC MIGRANTS, AND MIGRANTS FLEEING VIOLENCE IN THEIR HOME COUNTRIES) CROSSING INTO THE US ILLEGALLY AFFECTS BORDER SECURITY AND FARM AND RANCH OPERATIONS IN CLOSE PROXIMITY TO THE US/MEXICO BORDER. THE FOUNDATION'S BORDER PROPERTIES ALSO SERVE AS EDUCATION SITES FOR VISITING POLICY MAKERS WORKING ON BORDER-RELATED ISSUES.During 2022 the Foundation expanded its mission to include primarily advice and staff time to support Agricultural-focused and other humanitarian relief efforts in Ukraine. Foundation representativ 3,596,146
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)
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
65,956,065
b
Average of monthly cash balances.......................
1b
992,717
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
66,948,782
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
66,948,782
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,004,232
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
65,944,550
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,297,228
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
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
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
 
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
2,990,771
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
605,375
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,596,146
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  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
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 ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(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  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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 ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
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) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
2013-04-10
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
2,041,134 1,760,085 1,914,890 34,643 5,750,752
b 85% (0.85) of line 2a ......... 1,734,964 1,496,072 1,627,657 29,447 4,888,140
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		3,596,146 3,359,722 7,506,386 13,245,824 27,708,078
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 .... 		3,596,146 3,359,722 7,506,386 13,245,824 27,708,078
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 .. 		2,198,152 1,876,447 1,462,584 67,748 5,604,931
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)
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
HALO TRUST


1730 RHODE ISLAND AVE NW SUITE 206
WASHINGTON,DC20036 		NONE PC HUMANITARIAN DEMINING EQUIPMENT IN KIND 15,500
Total .................................right arrow 3a 15,500
bApproved for future payment
Total ................................. right arrow 3b  
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
aGRAIN SALES         274,862
bINSURANCE CLAIM         8,246
cLEASE INCOME         18,375
dMISC INCOME         28
ePATRONAGE REFUNDS         2,298
fSCRAP SALES         11,000
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 17,946  
4 Dividends and interest from securities ....     14 2,023,188  
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 .....     16 555,161  
8 Gain or (loss) from sales of assets other than
inventory ............ 		        205,634
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   2,596,295 520,443
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,116,738
(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.)
1A SALE OF GRAIN PRODUCED THROUGH RESEARCH FARM ACTIVITIES
1B INCOME IS THE RESULT OF AN INSURANCE CLAIM
1C INCOME IS THE RESULT OF A GRAZING LEASE
1D INCOME IS THE RESULT OF A CASH BACK REBATE
1E INCOME IS THE RESULT OF A PATRONAGE DIVIDEND RECEIVED
1F INCOME IS THE RESULT OF SCRAP SALES
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: 24020490
Software Version: 2024v5.1


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
24020490
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
HJERPE & TENNISON CPAS 6,578 0 0 6,578
PAYROLL NETWORK 2,317 0 0 2,317

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

TY 2024 DepreciationSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
24020490
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
BLDG & IMPR - IL FARM 2012-07-01 94,577 27,788 SL 2.56 % 2,425      
BLDG & IMPR - IL FARM 2012-07-02 54,896 16,188 SL 2.56 % 1,408      
IMPROVEMENTS - IL FARM 2012-07-01 7,625 5,853 SL 6.67 % 509      
BLDG & IMPR - IL FARM 2012-07-01 74,265 21,818 SL 2.56 % 1,904      
IMPROVEMENTS - IL FARM 2013-06-30 298,773 209,253 SL 6.67 % 19,928      
IMPROVEMENTS - AZ FARM 2015-10-28 3,510 1,989 SL 6.67 % 234      
IMPROVEMENTS - IL FARM 2015-11-18 58,973 33,430 SL 6.67 % 3,933      
IMPROVEMENTS - IL FARM 2015-10-01 2,910 1,651 SL 6.67 % 194      
IMPROVEMENTS 2015-11-30 5,500 3,119 SL 6.67 % 367      
BLDG & IMPR - AZ FARM 2015-02-20 22,283 12,630 SL 6.67 % 1,486      
IMPROVEMENTS - AZ FARM 2015-08-31 58,356 33,082 SL 6.67 % 3,892      
BLDG & IMPR - AZ FARM 2015-06-16 317,534 180,014 SL 6.67 % 21,180      
BLDG & IMPR - IL FARM 2015-11-18 42,266 23,959 SL 6.67 % 2,819      
IMPROVEMENTS - AZ FARM 2016-09-07 10,076 5,040 SL 6.67 % 672      
IMPROVEMENTS - AZ FARM 2016-07-01 53,276 26,652 SL 6.67 % 3,554      
IMPROVEMENTS - AZ FARM 2016-07-01 310,433 155,279 SL 6.67 % 20,706      
IMPROVEMENTS - AZ FARM 2016-07-01 33,395 16,701 SL 6.67 % 2,227      
IMPROVEMENTS - AZ FARM 2016-07-01 540,328 270,273 SL 6.67 % 36,040      
2017 FORD F150 VIN#8893 2017-01-31 27,445 25,486 SL 7.14 % 1,959      
2017 FORD F150 VIN#0392 2017-01-24 73,787 68,518 SL 7.14 % 5,269      
2017 FORD F150 VIN#5754 2017-01-31 68,405 63,520 SL 7.14 % 4,885      
4 STARFIRE 990RTK RADIOS 2017-08-09 16,951 15,740 SL 7.14 % 1,211      
2017 POLARIS RANGER/EQUIP 2017-12-19 28,023 26,021 SL 7.14 % 2,002      
BLDG & IMPR - AZ FARM 2017-04-25 16,993 7,364 SL 6.67 % 1,133      
BLDG & IMPR - IL FARM 2017-11-28 30,383 13,174 SL 6.67 % 2,027      
IMPLEMENT ROOT RAKE - IL 2017-03-27 5,000 4,645 SL 7.14 % 355      
EQUIPMENT 2017-07-17 15,607 14,492 SL 7.14 % 1,115      
BOBCAT T590 - AZ FARM 2017-01-10 54,780 50,869 SL 7.14 % 3,911      
APX RADIOS - AZ 2017-03-28 14,501 13,465 SL 7.14 % 1,036      
CAMERA EQUIP - AZ 2017-02-22 4,715 4,379 SL 7.14 % 336      
GPS EQUIP 2017-09-01 2,078 1,930 SL 7.14 % 148      
RADIO EQUIP - IL 2017-10-13 2,636 2,448 SL 7.14 % 50      
LAND IMPROV - AZ FARM 2017-10-03 39,200 16,995 SL 6.67 % 2,615      
LAND IMPROV - AZ FARM 2017-01-24 3,780 1,638 SL 6.67 % 252      
BLDG & IMPR - AZ FARM 2017-02-18 16,687 7,234 SL 6.67 % 1,113      
BLDG &IMPR - AZ FARM 2017-03-25 82,137 35,609 SL 6.67 % 5,479      
EQUIP - AZ 2017-08-15 5,434 5,048 SL 7.14 % 386      
IMPROVEMENTS - AZ FARM 2017-01-27 5,503 5,109 SL 7.14 % 394      
VEHICLES 2017-07-12 6,800 6,316 SL 7.14 % 484      
VEHICLE PART - AZ 2017-08-15 24,332 22,595 SL 7.14 % 1,737      
RADIO/GPS - AZ 2017-03-20 14,501 13,465 SL 7.14 % 1,036      
RADIO/GPS - AZ 2017-04-27 52,778 49,010 SL 7.14 % 3,768      
EQUIP - AZ 2017-07-10 52,265 48,534 SL 7.14 % 3,731      
EQUIP - AZ 2017-01-23 6,832 6,344 SL 7.14 % 488      
CAMERAS - AZ 2017-02-02 21,961 20,392 SL 7.14 % 1,569      
CAMERAS - AZ 2017-02-02 26,845 24,927 SL 7.14 % 1,918      
CAP PROJECTS - AZ FARM 2017-06-30 1,052,615 456,306 SL 6.67 % 70,209      
CAP PROJECTS - AZ FARM 2017-06-30 505,750 219,245 SL 6.67 % 33,734      
CAP PROJECTS - TX 2017-11-13 111,142 48,179 SL 6.67 % 7,413      
BLDG & IMPR 2017-06-29 1,394,030 233,849 SL 2.56 % 35,743      
BRIGGS & STRATTON DECK 2017-07-13 3,902 3,727 200DB 4.46 % 175      
2017 FORD F25O VIN#5388 2017-07-14 50,297 48,054 200DB 4.46 % 2,243      
MOTOROLA RADIOS 2017-08-01 3,796 3,523 SL 7.14 % 273      
CAPITAL PROJECTS 2017-06-30 146,742 63,615 SL 6.67 % 9,788      
IRRIGATION 2017-02-01 30,800 28,602 SL 7.14 % 2,198      
JD 60G SNX9500 2018-07-31 70,900 55,708 SL 14.29 % 10,132      
JD MP84B SNX0318 2018-07-31 4,700 3,694 SL 14.29 % 672      
JD 333G SNX4049 2018-07-31 65,900 51,778 SL 14.29 % 9,417      
JD T213143 SNX0286 2018-07-31 1,800 1,414 SL 14.29 % 257      
JD 3033R COMPACT UTILITY 2018-06-16 22,200 17,441 SL 14.29 % 3,172      
JD 72D MOWER SNX1092 2018-06-16 4,000 3,144 SL 14.29 % 572      
JD 7230R SNX1774 2018-07-11 157,900 124,062 SL 14.29 % 22,564      
JD H480 LOADER SNX5982 2018-07-11 15,600 12,257 SL 14.29 % 2,229      
IMPROVEMENTS 2018-05-08 75,619 27,738 SL 6.67 % 5,044      
BLDG & IMPR 2018-05-08 156,729 57,489 SL 6.67 % 10,454      
IMPROVEMENTS 2018-10-15 10,864 9,225 SL 14.29 % 1,552      
EQUIPMENT - IL 2018-06-26 5,807 4,563 SL 14.29 % 830      
EQUIPMENT - IL 2018-04-28 14,500 11,393 SL 14.29 % 2,072      
EQUIPMENT - IL 2018-10-24 3,883 3,050 SL 14.29 % 555      
IMPROVEMENTS - AZ FARM 2018-07-12 5,672 2,079 SL 6.67 % 378      
IMPROVEMENTS - AZ FARM 2018-11-29 5,481 2,013 SL 6.67 % 366      
IMPROVEMENTS - IL FARM 2018-10-22 13,410 4,917 SL 6.67 % 894      
BLDG & IMPR - AZ FARM 2018-06-30 504,671 185,116 SL 6.67 % 33,662      
IMPROVEMENTS - AZ FARM 2018-06-30 46,431 36,480 SL 14.29 % 6,635      
EQUIP - AZ 2018-06-30 33,581 26,385 SL 14.29 % 4,799      
EQUIP - AZ 2018-08-08 30,677 24,104 SL 14.29 % 4,384      
BLDG & IMPR - AZ FARM 2018-06-30 337,945 123,959 SL 6.67 % 22,541      
LAND IMPROV - AZ FARM 2018-04-11 56,628 20,771 SL 6.67 % 3,777      
LAND IMPROV - AZ FARM 2018-02-23 17,485 6,412 SL 6.67 % 1,166      
LAND IMPROV - AZ FARM 2018-03-19 10,765 3,948 SL 6.67 % 718      
LAND IMPROV - AZ FARM 2018-06-11 6,449 2,365 SL 6.67 % 430      
BLDG & IMPR - AZ FARM 2018-12-20 7,372 2,705 SL 6.67 % 492      
K-9 EQUIP - AZ 2018-07-06 7,053 5,542 SL 14.29 % 1,008      
COMPUTER - AZ 2018-03-08 6,075 4,774 SL 14.29 % 868      
2018 FORD F350 VIN#0222 2018-04-02 55,025 43,234 SL 14.29 % 7,863      
VEHICLE PARTS - AZ 2018-10-23 2,563 2,013 SL 14.29 % 366      
POLARIS - AZ 2018-03-29 11,929 9,373 SL 14.29 % 1,705      
TAGLI TRAILER - AZ 2018-04-14 4,840 3,804 SL 14.29 % 692      
TAGLI TRAILER - AZ 2018-06-14 9,680 7,604 SL 14.29 % 1,383      
BINOCULARS (3) 2018-02-08 5,352 4,205 SL 14.29 % 765      
EQUIPMENT 2018-02-08 7,585 5,960 SL 14.29 % 1,084      
CAMERA KITS - AZ 2018-09-26 186,107 146,225 SL 14.29 % 26,595      
X80 CAMERAS - AZ 2018-05-14 25,878 20,332 SL 14.29 % 3,698      
CAMERAS 2018-12-18 20,111 15,802 SL 14.29 % 2,874      
EQUIPMENT 2018-05-14 4,596 3,611 SL 14.29 % 657      
LAND IMPROV - TX 2018-06-27 162,838 59,327 SL 6.67 % 10,861      
BLDG & IMPR - AZ FARM 2018-06-30 191,091 70,093 SL 6.67 % 12,746      
EQUIPMENT 2018-11-21 1,059 831 SL 14.29 % 151      
LAND IMPROV 2018-08-28 61,000 22,376 SL 6.67 % 4,069      
FURN & FIX 2018-03-29 12,923 10,154 SL 14.29 % 1,847      
BLDG & IMPR 2018-03-29 30,140 11,054 SL 6.67 % 2,010      
IMPROVEMENTS - AZ FARM 2018-06-30 48,491 38,099 SL 14.29 % 6,929      
EQUIPMENT - AZ 2018-06-30 14,578 11,454 SL 14.29 % 2,083      
BLDG & IMPR - AZ FARM 2018-06-30 139,141 51,051 SL 6.67 % 9,281      
EQUIPMENT 2018-12-13 2,132 1,675 SL 14.29 % 305      
IMPROVEMENTS - AZ FARM 2019-05-23 46,801 14,046 SL 6.67 % 3,122      
IMPROVEMENTS - AZ FARM 2019-01-10 2,861 1,840 SL 14.28 % 409      
EZ TRAIL 21' HEAD J172481 2019-08-14 2,950 1,898 SL 14.28 % 421      
JD 1590 NO TILL DRILL 2019-02-28 56,900 36,581 SL 14.28 % 8,125      
FLOW SENSORS - IL 2019-04-02 3,198 2,056 SL 14.28 % 457      
IL RADIO EQUIP 2019-11-19 1,190 765 SL 14.28 % 170      
2019 IL AUTO PARTS 2019-03-14 2,706 1,740 SL 14.28 % 386      
JD 708C CORN HEAD - IL 2019-08-14 62,700 40,311 SL 14.28 % 8,954      
JD 620F PLATFORM - IL 2019-08-14 32,400 20,830 SL 14.28 % 4,627      
EZ TRAIL 21' HEAD J172481 2019-08-14 2,950 1,898 SL 14.28 % 421      
JD GATOR 855M 2019-07-10 17,134 11,014 SL 14.28 % 2,447      
1996 KARAVAN TRAILER 0037 2019-06-14 2,500 1,607 SL 14.28 % 357      
2005 JD BUCK ATV 0116 2019-06-14 6,000 3,856 SL 14.28 % 857      
LAND IMPROV - AZ 2019-08-19 23,135 6,942 SL 6.67 % 1,543      
LAND IMPROV - AZ 2019-05-02 3,000 900 SL 6.67 % 200      
EQUIPMENT - AZ 2019-07-02 6,508 4,184 SL 14.28 % 929      
EQUIPMENT 2019-04-02 2,130 1,368 SL 14.28 % 304      
CAP PROJECTS - AZ FARM 2019-08-27 59,395 17,826 SL 6.67 % 3,962      
CAP PROJECTS - AZ FARM 2019-06-30 290,414 87,094 SL 6.67 % 19,371      
LAND IMPROV - TX 2019-03-20 8,195 2,461 SL 6.67 % 547      
CAP PROJECTS - AZ FARM 2019-06-30 54,312 16,301 SL 6.67 % 3,623      
CAPITAL PROJECTS 2019-09-05 13,800 4,140 SL 6.67 % 920      
PIVOT 10 2013-07-25 37,236 26,078 SL 6.67 % 2,484      
JD S760 - IL FARM 2020-01-09 397,741 198,870 SL 14.29 % 56,837      
SCAG CHEETAH - IL FARM 2020-05-20 10,507 5,252 SL 14.29 % 1,501      
SCAG CHEETAH - IL FARM 2020-05-20 10,507 5,252 SL 14.29 % 1,501      
VEHICLE PARTS - IL 2020-10-15 3,593 2,516 SL 20.00 % 719      
CAPITAL EXP - AZ FARM 2020-12-31 3,281 1,968 SL 20.00 % 656      
IMPROVEMENTS - IL FARM 2020-03-18 1,000 234 SL 6.67 % 67      
ROTO TILLER - IL FARM 2020-10-19 1,530 1,071 SL 20.00 % 306      
LADDERS - IL FARM 2020-03-09 2,300 1,610 SL 20.00 % 460      
LADDERS - AZ FARM 2020-03-09 2,300 1,610 SL 20.00 % 460      
LAND IMPROV - TX 2020-08-06 43,478 10,148 SL 6.67 % 2,900      
EQUIPMENT - AZ 2020-08-13 2,364 1,183 SL 14.29 % 338      
EQUIPMENT - AZ 2020-05-26 4,168 2,085 SL 14.29 % 596      
EQUIPMENT - AZ 2020-04-02 1,638 819 SL 14.29 % 234      
CAMERA EQUIP - AZ 2020-12-23 31,563 15,781 SL 14.29 % 4,510      
CAPITAL PROJECTS - AZ 2020-12-31 64,970 15,163 SL 6.67 % 4,333      
CAPITAL PROJECTS - AZ 2020-12-31 51,278 11,968 SL 6.67 % 3,420      
CAPITAL PROJECTS - AZ 2020-12-31 17,884 4,175 SL 6.67 % 1,193      
LAND IMPROV 2020-09-30 12,698 2,964 SL 6.67 % 847      
CAPITAL PROJECTS 2020-09-16 90,577 21,139 SL 6.67 % 6,041      
IMPROVEMENTS - IL FARM 2021-08-17 2,933 1,467 SL 20.00 % 587      
EQUIPMENT - IL 2021-05-27 2,191 782 SL 14.28 % 313      
JD STK SNX0110 - IL FARM 2021-05-13 75,000 26,791 SL 14.28 % 10,710      
FRONTIER SEEDER SNX0198 - IL 2021-06-24 6,890 2,462 SL 14.28 % 984      
JD SNOW BLOWER SNX0350 2021-12-09 14,200 5,072 SL 14.28 % 2,028      
EQUIPMENT - IL 2021-09-16 1,323 472 SL 14.28 % 189      
JD TRACK LOADER SN#7623 2021-09-01 75,000 26,791 SL 14.28 % 10,710      
JD CUTTER SN#0171 2021-09-01 11,750 4,197 SL 14.28 % 1,678      
JD ROW HEAD SNX0430 2021-09-01 9,900 3,537 SL 14.28 % 1,414      
JD HEAD CART SNX0230 2021-09-01 2,390 855 SL 14.28 % 341      
JD GR84B SNX0835 2021-09-29 4,500 1,607 SL 14.28 % 643      
JD COMBINE AUGER SNX5518 2021-11-03 476,900 170,349 SL 14.28 % 68,101      
BRENT WAGONS (4) 2021-11-03 44,500 15,895 SL 14.28 % 6,355      
FRONTIER MOWER 2021-11-03 12,900 4,607 SL 14.28 % 1,842      
JD 726 MULCH FINISHER SNX5300 2021-11-03 24,900 8,894 SL 14.28 % 1,778      
CULTPACK ROLLER 2021-11-03 3,050 1,090 SL 14.28 % 436      
EQUIPMENT - IL 2021-06-01 5,751 2,055 SL 14.28 % 821      
EQUIPMENT - IL 2021-03-03 9,200 3,287 SL 14.28 % 1,314      
RADIO EQUIP - AZ 2021-09-09 67,091 23,964 SL 14.28 % 9,581      
RADIO EQUIP - IL 2021-07-14 1,053 375 SL 14.28 % 150      
RADIO EQUIP - NE 2021-06-21 427 152 SL 14.28 % 61      
COMPUTER EQUIP - AZ 2021-11-17 522 187 SL 14.28 % 75      
VEHICLE PARTS - IL 2021-01-13 1,199 428 SL 14.28 % 171      
CAPITAL PROJECTS - AZ FARM 2021-12-31 14,858 1,982 SL 6.67 % 991      
CAPITAL PROJECTS - AZ FARM 2021-12-31 460,505 61,432 SL 6.67 % 30,716      
EQUIPMENT 2021-11-09 11,323 4,044 SL 14.28 % 1,617      
CAMERA EQUIP - AZ 2021-10-01 729 260 SL 14.28 % 104      
CAPITAL PROJECTS - AZ 2021-12-31 27,666 3,690 SL 6.67 % 1,845      
CAPITAL PROJECTS - AZ 2021-12-31 7,067 942 SL 6.67 % 471      
FURNITURE 2021-12-31 18,190 9,095 SL 20.00 % 3,638      
EQUIPMENT 2021-07-15 48,296 17,250 SL 14.28 % 6,897      
CAPITAL PROJECTS 2021-12-31 310,248 41,388 SL 6.67 % 20,694      
BLDG & IMPR - AZ FARM 2021-12-31 123,166 20,531 SL 6.67 % 8,215      
LAND IMPROV - IL FARM 2022-03-16 2,748 275 SL 6.67 % 183      
BLDG & IMPR - IL FARM 2022-09-01 141,927 14,193 SL 6.67 % 9,467      
WEATHER EQUIP 2022-02-17 2,510 538 SL 14.29 % 359      
HITCH - 5525 TRACTOR 2022-06-16 410 88 SL 14.29 % 59      
5125M #0447 - IL FARM 2022-06-30 98,900 21,194 SL 14.29 % 14,133      
5125M SNOW BLOWER - IL FARM 2022-06-30 14,000 3,001 SL 14.29 % 2,001      
KOMATSU D51PX #5184 - IL FARM 2022-08-04 230,950 49,493 SL 14.29 % 33,003      
TRACTOR HOOD 2022-08-16 1,489 319 SL 14.29 % 213      
JD 2412DE SCRAPER #1031 2022-11-14 155,900 33,409 SL 14.29 % 22,278      
JD 9420R #8821 2022-11-28 344,300 73,783 SL 14.29 % 49,200      
PIVOT - NE FARM 2022-07-01 56,344 12,075 SL 14.29 % 8,052      
LYSTER - AZ FARM 2022-01-13 700 150 SL 14.29 % 100      
EQUIP - IL FARM 2022-03-02 5,594 1,198 SL 14.29 % 799      
MAINT EQUIP - IL FARM 2022-09-22 41,253 8,840 SL 14.29 % 5,895      
RADIO EQUIP - IL 2022-08-09 10,094 2,163 SL 14.29 % 1,442      
COMPUTER EQUIP - IL 2022-12-22 2,264 486 SL 14.29 % 324      
2022 CHEVY TAHOE VIN#4830 2022-02-16 50,635 15,191 SL 20.00 % 10,127      
CAPITAL EXP - AZ FARM 2022-06-30 1,016 218 SL 14.29 % 145      
CAPTIAL EXP - AZ FARM 2022-06-30 536,727 115,020 SL 14.29 % 76,698      
CAPITAL EXP - IL FARM 2022-06-30 257,287 55,136 SL 14.29 % 36,766      
CAPITAL EXP - IL FARM 2022-11-30 40,460 8,671 SL 14.29 % 5,782      
CAPITAL PROJECTS 2022-12-31 102,700 10,270 SL 6.67 % 6,850      
LAND IMPROV - AZ 2022-01-04 4,400 440 SL 6.67 % 293      
IMPROVEMENTS - AZ FARM 2022-02-24 2,160 463 SL 14.29 % 309      
EQUIPMENT - AZ FARM 2022-03-04 762 163 SL 14.29 % 109      
CAMERA EQUIP - AZ 2022-02-24 897 192 SL 14.29 % 128      
IMPROVEMENTS - IL FARM 2023-05-25 447 15 SL 6.67 % 30      
EQUIPMENT 2023-11-20 43,100 3,077 SL 14.29 % 6,159      
FRONTIER GROOMING MOVER 2023-12-31 26,750 1,910 SL 14.29 % 3,823      
JD FC15R ROTARY CUTTER 2023-12-31 34,000 2,428 SL 14.29 % 4,859      
RADIO EQUIPMENT 2023-05-31 17,200 1,228 SL 14.29 % 2,458      
2013 FORD F150 RAPTOR SNX7235 2023-12-31 43,000 3,070 SL 14.29 % 6,145      
MAYRATH AUGER X6034 2023-04-20 33,500 2,392 SL 14.29 % 4,787      
EQUIPMENT 2023-03-31 850 61 SL 14.29 % 121      
CAP EXP 2023-12-31 170,922   SL 14.29 % 24,425      
CAP EXP 2023-12-31 14,969   SL 14.29 % 2,139      
PIVOTS 2023-12-12 243,445 17,382 SL 14.29 % 34,788      
JD 4020 TRACTOR 2023-12-31 18,500 1,321 SL 14.29 % 2,644      
EQUIPMENT 2023-12-31 121,507 8,676 SL 14.29 % 17,363      
JD 4050 SN H007414 2024-04-20 59,606   SL 7.14 % 4,256      
PIVOTS (4) 2024-02-29 36,994   SL 7.14 % 2,641      
DRAPER COMBINE HEAD 2024-07-29 124,890   SL 7.14 % 8,917      
ASHLAND SCRAPER 2024-07-24 49,900   SL 7.14 % 3,563      
KOMATSU BUCKET 2024-08-20 5,000   SL 7.14 % 357      
REPEATER EQUIPMENT 2024-06-21 8,519   SL 7.14 % 608      
CAP EXP 2024-12-31 25,666   SL 7.14 % 1,833      
JD 5130M SNX 0121 2024-01-05 141,755   SL 7.14 % 10,121      
JD 5130M DNX0106 2024-01-05 141,755   SL 7.14 % 10,121      
JD 540M SNX3814 2024-01-05 11,290   SL 7.14 % 806      

TY 2024 LandEtcSchedule2
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
24020490
Software Version:
2024v5.1
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Auto./Transportation Equip. 1,107,002 1,041,365 65,637 75,000
Furniture and Fixtures 257,720 238,494 19,226 25,000
Machinery and Equipment 18,984,306 15,367,948 3,616,358 4,500,000
Buildings 3,284,931 1,543,025 1,741,906 1,800,000
Improvements 5,969,778 2,654,530 3,315,248 3,000,000
Land 33,888,623   33,888,623 40,000,000


TY 2024 LegalFeesSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
24020490
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CROKER, HUCK, KASHER & ASSOC LLC 1,948 0 0 1,948
QUARLES & BRADY LLP 1,754 0 0 1,754


TY 2024 OtherAssetsSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
24020490
Software Version:
2024v5.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
EFFINGHAM PATRONAGE EQUITY 18,831 18,316 18,316
EQUITY INVESTMENT 1,545,870 1,545,870 1,545,870
SECURITY DEPOSIT 19,592 10,396 10,396


TY 2024 OtherExpensesSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
24020490
Software Version:
2024v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 5,148     5,148
CONTRACT LABOR 79,094     79,094
DUES & SUBSCRIPTIONS 6,130     6,130
FARM INPUTS 96,266     96,266
FUEL 63,698     63,698
INSURANCE 87,795     87,795
LICENSE, PERMITS, & FEES 12,578     12,578
MEALS 3,088     3,088
MISCELLANEOUS 7,220     7,220
OFFICE EXPENSE 1,083     1,083
RENT/LEASE 20,491     20,491
REPAIRS & MAINTENANCE 300,719     300,719
SHIPPING/FREIGHT 38,394     38,394
SMALL EQUIPMENT 14,746     14,746
SUPPLIES 31,715     31,715
TELECOMMUNICATIONS 22,296     22,296


TY 2024 OtherIncomeSchedule2
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
24020490
Software Version:
2024v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GRAIN SALES 274,862    
INSURANCE CLAIM 8,246    
LEASE INCOME 18,375    
MISC INCOME 28    
Other Investment Income 555,161    
PATRONAGE REFUNDS 2,298    
SCRAP SALES 11,000    


TY 2024 TaxesSchedule
Name:
SEQUOIA FARM FOUNDATION
EIN:
45-5160833
Software ID:
24020490
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 31,230     31,230
PAYROLL TAXES 91,575     91,575
REAL ESTATE TAXES 182,689     182,689