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 07-01-2024 , and ending 06-30-2025
Name of foundation
WHITNEY BENEFITS INC
AND SUBSIDIARY
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 5085
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SHERIDAN, WY82801
A Employer identification number

83-0168511
B Telephone number (see instructions)

(307) 674-7303
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$145,694,462J 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) 11,010
2 Check right arrow.............
3 Interest on savings and temporary cash investments 321,650 321,650  
4 Dividends and interest from securities... 2,272,773 2,272,773  
5a Gross rents............ 15,042 15,042  
b Net rental income or (loss) 15,042
6a Net gain or (loss) from sale of assets not on line 10 2,536,275
b Gross sales price for all assets on line 6a 20,133,528
7 Capital gain net income (from Part IV, line 2)... 2,536,275
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
14,510   14,510
12 Total. Add lines 1 through 11........ 5,171,260 5,145,740 14,510
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 151,375 75,688   75,687
14 Other employee salaries and wages...... 391,963 145,682   246,281
15 Pension plans, employee benefits....... 144,939 47,827   97,112
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
6,510 5,030   1,480
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
40,650 40,650    
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
137,448 135,611   1,837
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
49,752 35,443   14,309
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
79,616 39,813 39,803
20 Occupancy.............. 76,972 34,637   42,335
21 Travel, conferences, and meetings....... 24,180 16,120   8,060
22 Printing and publications.......... 449 449    
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
128,241 26,426 17,653 84,162
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,232,095 603,376 57,456 571,263
25 Contributions, gifts, grants paid....... 4,505,421 4,505,421
26 Total expenses and disbursements. Add lines 24 and 25 5,737,516 603,376 57,456 5,076,684
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -566,256
b Net investment income (if negative, enter -0-) 4,542,364
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. -10    
2 Savings and temporary cash investments......... 817,246 333,922 333,922
3 Accounts receivable right arrow8,220,378
Less: allowance for doubtful accounts right arrow75,000 8,238,566 8,145,378 8,145,378
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.......... 153,705 69,225 69,225
10a Investments—U.S. and state government obligations (attach schedule) 5,531,566 Click to see attachment
List of Attached Documents:
// Content
9,738,247 		9,738,247
b Investments—corporate stock (attach schedule)....... 101,835,949 Click to see attachment
List of Attached Documents:
// Content
102,435,806 		102,435,806
c Investments—corporate bonds (attach schedule)....... 65,436 Click to see attachment
List of Attached Documents:
// Content
62,322 		62,322
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).......... 4,678,500 Click to see attachment
List of Attached Documents:
// Content
4,678,500 		4,678,500
14 Land, buildings, and equipment: basis right arrow3,872,475
Less: accumulated depreciation (attach schedule) right arrow539,586 3,308,587 Click to see attachment
List of Attached Documents:
// Content
3,332,889 		19,061,062
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,245,494 		Click to see attachment
List of Attached Documents:
// Content
1,245,494 		Click to see attachment
List of Attached Documents:
// Content
1,170,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 125,875,039 130,041,783 145,694,462
Liabilities 17 Accounts payable and accrued expenses..........    
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
20,373,047 		Click to see attachment
List of Attached Documents:
// Content
16,274,215
23 Total liabilities (add lines 17 through 22)......... 20,373,047 16,274,215
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........... -10  
25 Net assets with donor restrictions............ 105,502,002 113,767,568
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)..... 105,501,992 113,767,568
30 Total liabilities and net assets/fund balances (see instructions). 125,875,039 130,041,783
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
105,501,992
2
Enter amount from Part I, line 27a .....................
2
-566,256
3
Other increases not included in line 2 (itemize) right arrow
3
8,831,832
4
Add lines 1, 2, and 3 ..........................
4
113,767,568
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
113,767,568
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 GALLAGHER ARTHUR J & P 2023-08-04 2025-05-22
b ROPER TECHNOLOGIES P 2017-05-05 2024-08-23
c FEDL HOME LN MTG CRPSER 2551 CL QK 5 P 2024-08-15 2008-05-12
d AMG YACKTMAN FUND I P 2025-02-05 2024-12-16
e VIRTUS ALPHASIMPLEX MANAG FUTURE STR P 2025-03-18 2023-02-09
BAKER HUGHES CO. A A P   2025-06-26
SHERWIN-WILLIAMS CO P 2020-09-08 2025-02-24
FEDL HOME LN MTG CRPSER 2551 CL QK 5 P 2024-07-15 2008-05-12
AMG YACKTMAN FUND I P 2025-02-05 2023-12-14
VIRTUS ALPHASIMPLEX MANAG FUTURE STR P 2025-03-18 2022-12-30
CME GROUP INC A P 2021-02-25 2024-07-12
EXXON MOBIL CORP P 2021-01-29 2024-10-31
CWALT INC 2006-41CB SER 2006-41CB CL P 2025-05-25 2006-11-27
AMG YACKTMAN FUND I P 2025-02-05 2023-12-14
VIRTUS ALPHASIMPLEX MANAG FUTURE STR P 2025-03-18 2022-12-30
COSTCO WHSL CORP NEW P 2014-05-08 2025-01-21
ZOETIS INC A P 2017-08-31 2024-12-19
CWALT INC 2006-41CB SER 2006-41CB CL P 2025-04-25 2006-11-27
AMG YACKTMAN FUND I P 2025-02-05 2023-12-14
VIRTUS ALPHASIMPLEX MANAG FUTURE STR P 2025-03-18 2022-12-30
COSTCO WHSL CORP NEW P 2014-05-08 2025-05-08
CHAMPLAIN MID CAP CLASS I P 2024-10-07 2018-09-20
CWALT INC 2006-41CB SER 2006-41CB CL P 2025-03-25 2006-11-27
AMG YACKTMAN FUND I P 2025-02-05 2022-12-15
VIRTUS ALPHASIMPLEX MANAG FUTURE STR P 2025-03-18 2022-04-08
SALESFORCE INC P 2024-03-01 2025-04-03
FEDL HOME LN MTG CRPSER 2551 CL QK 5 P 2025-06-15 2008-05-12
CWALT INC 2006-41CB SER 2006-41CB CL P 2025-02-25 2006-11-27
AMG YACKTMAN FUND I P 2025-02-05 2022-12-15
VIRTUS ALPHASIMPLEX MANAG FUTURE STR P 2025-03-18 2021-12-31
DEXCOM INC P 2023-10-20 2024-07-26
FEDL HOME LN MTG CRPSER 2551 CL QK 5 P 2025-05-15 2008-05-12
CWALT INC 2006-41CB SER 2006-41CB CL P 2025-01-25 2006-11-27
AMG YACKTMAN FUND I P 2025-02-05 2021-12-15
VIRTUS ALPHASIMPLEX MANAG FUTURE STR P 2025-03-18 2021-06-23
FREEPORT-MCMORAN INC P 2021-01-11 2024-09-12
FEDL HOME LN MTG CRPSER 2551 CL QK 5 P 2025-04-15 2008-05-12
CWALT INC 2006-41CB SER 2006-41CB CL P 2024-11-25 2006-11-27
AMG YACKTMAN FUND I P 2025-02-05 2021-12-15
UNITED STATES TREAS SER Y-2025 0.375 P 2024-03-25 2025-04-30
HOWMET AEROSPACE INC P 2024-05-28 2025-04-10
FEDL HOME LN MTG CRPSER 2551 CL QK 5 P 2025-03-15 2008-05-12
CWALT INC 2006-41CB SER 2006-41CB CL P 2024-10-25 2006-11-27
AMG YACKTMAN FUND I P 2025-02-05 2021-12-15
UNITED STATES TREAS NOTE 1.12500% 02 P 2024-03-25 2025-02-28
INTUIT P 2019-05-09 2025-02-13
FEDL HOME LN MTG CRPSER 2551 CL QK 5 P 2025-02-15 2008-05-12
CWALT INC 2006-41CB SER 2006-41CB CL P 2024-08-25 2006-11-27
AMG YACKTMAN FUND I P 2025-02-05 2021-09-28
UNITED STATES TREAS SER G-2025 2.500 P 2024-03-25 2025-01-31
ELI LILLY AND CO P 2022-03-18 2025-05-22
FEDL HOME LN MTG CRPSER 2551 CL QK 5 P 2025-01-15 2008-05-12
CWALT INC 2006-41CB SER 2006-41CB CL P 2024-07-25 2006-11-27
AMG YACKTMAN FUND I P 2025-01-29 2021-09-28
UNITED STATES TREAS SER BC-2025 4.25 P 2024-03-25 2025-06-02
NXP SEMICONDUCTORS N P 2020-02-07 2025-01-21
FEDL HOME LN MTG CRPSER 2551 CL QK 5 P 2024-12-15 2008-05-12
CWALT INC 2006-41CB SER 2006-41CB P    
AMG YACKTMAN FUND I P 2025-01-29 2021-07-29
UNITED STATES TREAS SER BM-2024 4.25 P 2024-03-25 2024-12-31
ONTO INNOVATION INC P 2024-05-01 2024-11-22
FEDL HOME LN MTG CRPSER 2551 CL QK 5 P 2024-11-15 2008-05-12
FID INTER TREASURY BOND INDEX FUND P 2025-01-29 2024-03-21
VIRTUS ALPHASIMPLEX MANAG FUTURE STR P 2025-06-24 2024-12-18
O REILLY AUTOMOTIVE P 2022-03-03 2024-12-19
FEDL HOME LN MTG CRPSER 2551 CL QK 5 P 2024-10-15 2008-05-12
AMG YACKTMAN FUND I P 2025-02-05 2024-12-16
VIRTUS ALPHASIMPLEX MANAG FUTURE STR P 2025-06-24 2023-12-20
PROCTER & GAMBLE P   2024-08-16
FEDL HOME LN MTG CRPSER 2551 CL QK 5 P 2024-09-15 2008-05-12
AMG YACKTMAN FUND I P 2025-02-05 2024-12-16
VIRTUS ALPHASIMPLEX MANAG FUTURE STR P 2025-06-24 2023-02-09
(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 27,568   18,272 9,296
b 81,826   33,087 48,739
c 69   69  
d 298,716   300,815 -2,099
e 583,418   708,487 -125,069
105,027   103,948 1,079
103,594   67,094 36,500
71   71  
89   90 -1
76,646   93,995 -17,349
77,561   81,967 -4,406
101,923   45,572 56,351
284   284  
74,056   74,674 -618
101,209   124,118 -22,909
23,701   2,858 20,843
82,200   31,332 50,868
140   140  
108,228   109,132 -904
154,580   189,569 -34,989
20,093   2,286 17,807
2,632,583   2,176,709 455,874
197   197  
59,940   55,128 4,812
2,604   3,802 -1,198
83,174   103,467 -20,293
40   40  
76   76  
222,003   204,178 17,825
58,244   70,730 -12,486
72,702   99,861 -27,159
58   58  
299   299  
20,387   21,380 -993
969,148   1,274,400 -305,252
108,856   77,490 31,366
49   49  
20   20  
41,480   43,500 -2,020
831,000   791,041 39,959
27,377   18,755 8,622
55   55  
377   377  
77,820   81,611 -3,791
820,000   791,416 28,584
116,525   48,239 68,286
47   47  
138   138  
1,329,407   1,426,845 -97,438
806,000   788,792 17,208
132,696   53,290 79,406
79   79  
121   121  
628,676   673,572 -44,896
787,000   781,190 5,810
107,769   66,726 41,043
52   52  
467     467
1,712,307   1,825,591 -113,284
789,000   783,929 5,071
80,809   91,204 -10,395
47   47  
1,220,000   1,229,008 -9,008
42,284   52,010 -9,726
42,835   23,909 18,926
51   51  
18,179   18,307 -128
28,460   36,324 -7,864
100,480   66,127 34,353
63   63  
86,969   87,580 -611
1,224,555   1,741,513 -516,958
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       9,296
b       48,739
c        
d       -2,099
e       -125,069
      1,079
      36,500
       
      -1
      -17,349
      -4,406
      56,351
       
      -618
      -22,909
      20,843
      50,868
       
      -904
      -34,989
      17,807
      455,874
       
      4,812
      -1,198
      -20,293
       
       
      17,825
      -12,486
      -27,159
       
       
      -993
      -305,252
      31,366
       
       
      -2,020
      39,959
      8,622
       
       
      -3,791
      28,584
      68,286
       
       
      -97,438
      17,208
      79,406
       
       
      -44,896
      5,810
      41,043
       
      467
      -113,284
      5,071
      -10,395
       
      -9,008
      -9,726
      18,926
       
      -128
      -7,864
      34,353
       
      -611
      -516,958
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,536,275
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 -828,682
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 63,139
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 63,139
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 63,139
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 68,057
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 68,057
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 4,918
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow4,918 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
 
No
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 arrow
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
 
No
Website addressright arrowWWW.WHITNEYBENEFITS.ORG
14
The books are in care ofright arrowERIN KILBRIDE Telephone no.right arrow (307) 674-7303

Located atright arrowPO BOX 5085SHERIDANWY ZIP+4right arrow82801
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
 
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
ROY GARBER PRESIDENT
5.00 		0 0 0
PO BOX 386
BIG HORN,WY82833
TOM BELUS VICE PRESIDE
5.00 		0 0 0
30 INDIAN PAINTBRUSH ROAD
SHERIDAN,WY82801
STEPHEN HOLST TREASURER
5.00 		0 0 0
1366 PIONEER ROAD
SHERIDAN,WY82801
ROBERT PRUSAK DIRECTOR
2.00 		0 0 0
1471 DUTCH CREEK ROAD 161
SHERIDAN,WY82801
BRANDI BILYEU DIRECTOR
2.00 		0 0 0
1033 COFFEEN AVENUE
SHERIDAN,WY82801
NADINE GALE SECRETARY
5.00 		0 0 0
1235 N MAIN STREET
SHERIDAN,WY82801
DAVID KINSKEY DIRECTOR
2.00 		0 0 0
203 S MAIN ST STE 3300
SHERIDAN,WY82801
MEGAN COOK DIRECTOR
2.00 		0 0 0
12 PINE LANE
SHERIDAN,WY82801
PAMELA PELDO DIRECTOR
2.00 		0 0 0
2266 PHEASANT DRAW RD
SHERIDAN,WY82801
ERIN KILBRIDE EXECUTIVE DI
40.00 		151,375 32,522 0
PO BOX 1035
DAYTON,WY82836
EMERSON SCOTT DIRECTOR
2.00 		0 0 0
268 TONGUE CANYON RD
DAYTON,WY82836
HEIDI RICHINS DIRECTOR
2.00 		0 0 0
735 ILLINOIS ST
SHERIDAN,WY82801
DAVID SCHULTZ DIRECTOR
2.00 		0 0 0
2062 SUMMIT DR
SHERIDAN,WY82801
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
BOBBIE BEARD CONTROLLER
40.00 		119,298 28,355  
1516 YONKEE AVE
SHERIDAN,WY82801
JENNIFER DESTEFANO STUDENT LOAN
40.00 		66,263 24,087  
1882 FAIRWAY LANE
SHERIDAN,WY82801
DAVID SANDERS MAINT. COORD
40.00 		51,747 20,270  
545 W BURKITT ST
SHERIDAN,WY82801
Total number of other employees paid over $50,000...................right arrow  
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  
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 STUDENT LOANS MADE FROM JULY 2024 - JUNE 2025 PER PROGRAM REQUIREMENTS 1,548,913
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow1,548,913
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
109,010,003
b
Average of monthly cash balances.......................
1b
450,755
c
Fair market value of all other assets (see instructions)................
1c
6,787,784
d
Total (add lines 1a, b, and c).........................
1d
116,248,542
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
116,248,542
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,743,728
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
114,504,814
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
5,725,241
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
5,725,241
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
63,139
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
63,139
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
5,662,102
4
Recoveries of amounts treated as qualifying distributions................
4
1,633,713
5
Add lines 3 and 4............................
5
7,295,815
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
7,295,815
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
5,076,684
b
Program-related investments—total from Part VIII-B..................
1b
1,548,913
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
6,625,597
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 7,295,815
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...... 49,139
e From 2023...... 948,452
f Total of lines 3a through e ........ 997,591
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 6,625,597
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..... 6,625,597
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024. 670,218 670,218
(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 5 327,373
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 .......... 		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) ....... 		 
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 ...... 		327,373
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023.... 327,373
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
WHITNEY BENEFITS INC
145 N CONNOR STREET SUITE 1
SHERIDAN,WY82801
(307) 674-7303
bThe form in which applications should be submitted and information and materials they should include:
LOAN APPLICATIONS ARE AVAILABLE ONLINE AT WWW.WHITNEYBENEFITS.ORG.
cAny submission deadlines:
SOME DEADLINES APPLY
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SOME RESTRICTIONS APPLY BASED ON RESIDENCY AND INCOME.
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

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - CENTENNIAL HOUSING 284,000

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - AGRICULTURAL PROGRAM 225,000

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - FACULTY MACHINE TOOL 100,000

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - FACULTY WELDING 100,000

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - FACULTY DIESEL TECHNOLOGY 100,000

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - FACULTY GENERAL ARTS/VISUAL 100,000

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - CNA PROGRAM 50,000

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - MUSIC/MUSIC RECRUITING 170,000

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - MARKETING PROGRAM 140,000

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - RECRUTING PROGRAM 90,000

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - MENTORING PROGRAM 120,000

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - VISUAL ARTS, PERFORMING ART 2,130,610

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - ARTS PROGRAM 209,000

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC ASSIST - CODING COMPUTER PROGRAM 300,000

SHERIDAN COMMUNITY

PO BOX 5085
SHERIDAN,WY82801 		NONE PC PARK RESRVOIR SHARES 1,001

SHERIDAN COMMUNITY

PO BOX 5085
SHERIDAN,WY82801 		NONE PC STUDENT LOAN DISCOUNTS TO BALANCE 23,915

WHITNEY COMMONS

326 ALGER STREET
SHERIDAN,WY82801 		ASSET OF ORG PC EQUIPMENT AND IMPROVEMENTS 166,127

SHERIDAN COLLEGE

3059 COFFEEN AVE
SHERIDAN,WY82801 		NONE PC SUPPORT SHERIDAN COLLEGE WHITNEY DAY 3,768

SHERIDAN COLLEGE

3059 COFFEN AVE
SHERIDAN,WY82801 		NONE PC SUPPORT PATHWAYS EDUCATION PLANNING 192,000
Total .................................right arrow 3a 4,505,421
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
aDEV/SALE - COMMERCIAL LOTS 531390        
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 321,650  
4 Dividends and interest from securities ....     14 2,272,773  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 15,042  
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,536,275  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    3 3,417  
bCONTRACT LABOR INCOME     16 11,093  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   5,160,250  
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,160,250
(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
Yes
 
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
1c 2,390 EAW INC 501(C)2 SHARING OF OFFICE PERSONNEL AND MANAGEMENT
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
EAW INC 501(C)2 COMMON DIRECTORS/AUXILLARY OF REPORTING ORGANIZATION
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


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


Software ID:  
Software Version:  


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

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

83-0168511
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
WHITNEY BENEFITS INC
AND SUBSIDIARY 		Employer identification number
83-0168511
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
WILLARD T DANKER
52 RIVER ROCK RD
 
SHERIDAN, WY82801

$ 7,000


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

$  


(Complete Part II for noncash contributions.)
(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
WHITNEY BENEFITS INC
AND SUBSIDIARY 		Employer identification number

83-0168511
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
WHITNEY BENEFITS INC
AND SUBSIDIARY 		Employer identification number

83-0168511
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES 40,650 40,650    

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

TY 2024 DepreciationSchedule
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
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
SUITE 1-1 WINDOW 2010-01-05 5,982 5,784 S/L 15.0000 198 99 99  
SUITE 1-W PANEL FOR OFFICE 2010-02-11 950 915 S/L 15.0000 35 18 17  
SUITE 1-TILE BATHROOM 2010-02-23 11,785 11,395 S/L 15.0000 390 195 195  
SUITE 1-OFFICE BUILDING 2012-06-21 524,864 162,058 S/L 39.0000 13,458 6,729 6,729  
SUITE 1-LAND 2012-06-21 55,294              
VINYL FENCE 2013-10-10 6,450              
BOARD TABLES 2003-03-04 13,060 2,612 S/L 7.0000        
1 FILE CABINET 2004-02-09 1,380 276 S/L 7.0000        
DESK ASSISTANT 2004-04-26 1,225 245 S/L 7.0000        
3 FIREPROOF FILE CABINETS 2005-02-16 4,140 828 S/L 7.0000        
2 FILE CABINETS 2005-03-24 2,740 548 S/L 7.0000        
DESK & CREDENZA 2005-04-21 1,865 373 S/L 7.0000        
FILE CABINETS 2006-05-15 1,400 280 S/L 7.0000        
50% MR WHITNEY 2007-02-05 12,500 6,161 S/L 7.0000        
50% FILE CABINETS 2007-07-05 1,575 788 S/L 7.0000        
50% BOARDROOM 2007-07-06 1,850 925 S/L 7.0000        
50% FILE CABINET CPA 2008-04-22 1,575 788 S/L 7.0000        
50% 4 OFFICE CHAIRS 2010-02-15 2,042 1,021 S/L 7.0000        
50% 11 SIDE CHAIRS 2010-02-15 4,489 2,245 S/L 7.0000        
50% VISUAL BOARD 2010-02-15 1,061 531 S/L 7.0000        
50% 3 END TABLES 2010-02-15 1,335 668 S/L 7.0000        
50% DELUXE LECTERN 2010-02-15 2,616 1,308 S/L 7.0000        
50% MAGAZINE TABLE 2010-02-15 475 219 S/L 7.0000        
50% CONFERENCE ROOM 2010-02-15 986 493 S/L 7.0000        
50% 6 MID-BACK 2010-02-15 2,921 1,461 S/L 7.0000        
50% DIRECTOR 2010-02-15 1,100 550 S/L 7.0000        
50% DIRECTOR DESK 2010-02-15 2,549 1,274 S/L 7.0000        
50% DIRECTOR OPEN 2010-02-15 359 165 S/L 7.0000        
50% DIRECTOR DOUBLE 2010-02-15 378 173 S/L 7.0000        
50% DIRECTOR OFFICE 2010-02-15 511 255 S/L 7.0000        
50% DIRECTOR TWO SIDED 2010-02-15 816 408 S/L 7.0000        
50% 8 PHONES 2010-03-08 6,968 3,484 S/L 5.0000        
50% 8 ROLLER SHADES 2010-03-18 2,406 1,203 S/L 7.0000        
50% 7 WOOD BLINDS 2010-03-18 1,386 693 S/L 7.0000        
50% DEFIBRILLATOR 2010-09-08 1,904 952 S/L 5.0000        
50% 3 W-B 2010-09-10 4,437 2,219 S/L 5.0000        
50% MARANTZ PORTABLE 2012-01-30 1,110 555 S/L 7.0000        
50% 5 LICENSE ADOBE 2012-04-04 2,245 1,123 S/L 3.0000        
50% MARANTZ PMD671 2014-01-10 1,159 580 S/L 5.0000        
50% TABLES 2014-03-06 1,310 655 S/L 7.0000        
50% OFFICE EQUIPMENT 2014-05-01 4,337 2,169 S/L 5.0000        
50% UPGRADE OFFICE PHONES 2014-08-12 1,287 644 S/L 5.0000        
50% SPEAKER SYSTEM 2019-11-12 2,700 1,350 S/L 5.0000 90 45 45  
50% - EBIA SOUNDS SYSTEM IN BOARD ROOM 2020-10-21 5,343 1,399 S/L 7.0000 382 191 191  
LAND 2003-12-31 168,000              
REPLACE PIPES 2011-08-04 2,470              
SEWER & WATER TAP 2020-04-02 9,990 2,789 S/L 15.0000 666 333 333  
MASTER PLAN 2021-07-01 8,025              
DELL LATITUDE LAPTOP 2021-09-27 1,152 403 S/L 5.0000 115 58 57  
BOARD ROOM CAMERA 2021-10-05 2,672 935 S/L 5.0000 267 134 133  
AUDIO IMPROVEMENTS BOARD ROOM 2021-10-27 3,174 756 S/L 7.0000 226 113 113  
SPEAKER SYSTEM - BOARD ROOM 2021-12-10 420 95 S/L 7.0000 30 15 15  
1600 SOLUTIONS WAY 2023-03-22 1,680,175              
PTOLEMY DATA UPGRADES 2022-10-31 2,098 250 S/L 7.0000 150 75 75  
SECURITY UPGRADE 2023-06-19 1,750 125 S/L 7.0000 125 63 62  
SHARP BP-50C45 COPIER -50% 2023-07-05 7,880 394 S/L 10.0000 394 198 197  
BOARDROOM SOUND IMPROVEMENTS - 50% 2023-11-01 6,256 209 S/L 10.0000 312 156 156  
LAPTOP AND DOCKING STATION - 50% 2023-10-05 2,023 76 S/L 10.0000 101 51 50  
SERVER COMPUTER, SOFTWARE WARRANTY 2024-02-13 11,859 247 S/L 10.0000 593 297 296  
MACKIE 23 DIGITAL MIXER 2024-03-06 1,430 34 S/L 7.0000 102 51 51  
SPRINKLER SYSTEM 2005-05-30 65,633 65,633 S/L 7.0000        
SPRINKLER SYSTEM UPGRADE 2005-07-12 3,153 2,395 S/L 25.0000 126 63 63  
SIDEROLL 2007-11-29 95,597 95,597 S/L 7.0000        
PIPELINE REPAIR 2008-08-18 6,293 6,293 S/L 7.0000        
FENCING 2010-09-10 1,434 1,434 S/L 7.0000        
FENCE LINE REPAIR 2010-11-10 4,701 4,701 S/L 7.0000        
PIVOT PAYMENT 2013-05-23 8,000 8,000 S/L 15.0000        
IMPROVEMENTS 1990-01-01 55,535 55,535 S/L 7.0000        
WELL 1990-01-01 987 664 150DB 15.0000        
ELECTRICAL SERVICE 1990-06-01 1,549 956 S/L 25.0000        
IMPROVEMENTS 1991-12-01 1,100 1,100 S/L 7.0000        
LAND 1966-01-01 12,314              
SHR HGHTS SKIRTING 2003-04-30 2,921 209 200DB 7.0000        
TRAILER ROOF 2001-12-19 2,300 460 200DB 10.0000        
2 SHEDS 2009-07-20 2,096 1,971   7.0000        
FENCE ON S LINE 2009-12-07 15,726 15,540   7.0000        
PIPE ADKINS DITCH 2010-04-27 2,986 2,885 S/L 15.0000 101 51 50  
ROAD BASE 2009-09-15 5,256              
LAND SURVEY 2010-10-25 1,963 1,963   7.0000        
2ND DUMP SITE 2011-08-16 2,500 2,149 S/L 15.0000 166 83 83  
DUMP SITE 2011-10-05 847 709 S/L 15.0000 56 28 28  
2 SHARE PARK RES 2013-04-18 8,600              
TRAIL SYSTEM 2007-08-31 2,480 2,480 S/L 15.0000        
WOODLAND PARK ENGINEERING 2007-06-16 26,590 26,590   7.0000        
SURVEYING, ENGINEERING 2008-06-30 24,896 24,896 S/L 7.0000        
LEGAL & CONSULTING 2008-07-25 3,688              
CONSTRUCTION COSTS 2009-01-20 242,880              
LIGHTING 2008-11-10 96,960              
WOODLAND PARK-SUBDIVISION 2009-12-10 6,773              
LAND 2010-06-17 65,000              
ESCROW RELEASED 2010-07-13 7,500 7,000 S/L 15.0000 500 250 250  
WPLLC HYDRO/MULCH/SEED 2011-04-12 2,640              
MASTER PLAN 2019-07-01 56,547              
MASTER PLAN 2020-07-01 25,506              
WATER RIGHTS AND IMPROVEMENTS 2023-06-30 161,659 10,777 S/L 15.0000 10,778 5,389 5,388  
ADAMS RANCH WATER RIGHTS 2023-12-14 9,730              
LAND 2019-07-31 113,081              
LANDS 2014-01-13 27,941              
LAND IMPROVEMENTS 2014-05-21 20,779              
NEW COMPUTERS - JANET, BOARDROOM, & JENNIFER 2024-10-17 5,099   S/L 7.0000 486 243 243  
WHITNEY - WEBSITE DESIGN 2024-11-29 16,800     3.0000 11,573 5,787 5,786  
HVAC REPLACE AND RELOCATE 2025-06-16 38,196   S/L 15.0000 38,196 19,098 19,098  

TY 2024 InvestmentsCorpBondsSchedule
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 62,322 62,322

TY 2024 InvestmentsCorpStockSchedule
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCKS 102,435,806 102,435,806

TY 2024 InvestmentsGovtObligationsSch
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
US Government Securities - End of Year Book Value:

9,738,247
US Government Securities - End of Year Fair Market Value:

9,738,247
State & Local Government Securities - End of Year Book Value:


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


 


TY 2024 InvestmentsOtherSchedule2
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
PAINTINGS FMV 4,678,500 4,678,500

TY 2024 LandEtcSchedule2
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
  1,150,040 539,586 610,454 19,061,062
  2,722,435   2,722,435  


TY 2024 LegalFeesSchedule
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT LEGAL FEES 6,510 5,030   1,480


TY 2024 OtherAssetsSchedule
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
WHITNEY PROJECT 1,245,494 1,245,494 1,170,000
BENEFICIAL INTEREST IN TRUST      


TY 2024 OtherExpensesSchedule
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
ADVERTISING 13,048 5,146   7,902
BAD DEBT EXPENSE 3,000     3,000
BANK SERVICE CHARGES -101 -51   -50
COLLECTIONS 461     461
CREDIT REPORTS 3,667     3,667
DUES & SUBSCRIPTIONS 1,239 620   619
EXPENSES 990-T 17,653   17,653  
INSURANCE 44,515     44,515
POSTAGE 3,555 1,778   1,777
SUPPLIES 7,959 3,980   3,979
TECHNOLOGY EXPENSE 24,581 12,098   12,483
TELEPHONE 7,634 2,855   4,779
UNIFORMS 1,030     1,030


TY 2024 OtherIncomeSchedule2
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 3,417   3,417
CONTRACT LABOR INCOME 11,093   11,093


TY 2024 OtherLiabilitiesSchedule
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
Description Beginning of Year - Book Value End of Year - Book Value
CURRENT LIABILITIES 9,716 39,010
CREDIT CARD PAYABLE 3,750 4,604
ACCRUED COMPENSATED ABSENCES 28,943 26,986
DISTRIBUTIONS PAYABLE 4,130,052 2,426,052
LONG-TERM COMMITMENTS 16,200,586 13,774,534
DEFERRED INS CLAIM   3,029


TY 2024 OtherProfessionalFeesSchedule
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVISORY FEES-FRONTIER ASSET 90,000 90,000    
ADVISORY FEES-CONGRESS 23,049 23,049    
FARMER & BETTS INC 3,675 1,838   1,837
PCS 3,574 3,574    
OPEN RANGE ART LLC 500 500    
3 WILLOW DESIGN 2,450 2,450    
ASTRON RESOURCE CONSULTING 14,200 14,200    


TY 2024 TaxesSchedule
Name:
WHITNEY BENEFITS INC
 
AND SUBSIDIARY
EIN:
83-0168511
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAXES - FOREIGN 228 228    
TAXES - GENERAL 465 233   232
PAYROLL TAXES 49,059 34,982   14,077