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
TECUMSEH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 701
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ABILENE, TX79604
A Employer identification number

74-2807652
B Telephone number (see instructions)

(325) 627-7010
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$32,268,561
J 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      
4 Dividends and interest from securities... 578,142 577,285  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,408,541
b Gross sales price for all assets on line 6a 2,042,603
7 Capital gain net income (from Part IV, line 2)... 1,408,541
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 10,500
b Less: Cost of goods sold.... 9,432
c Gross profit or (loss) (attach schedule)..... 1,068  
11 Other income (attach schedule)....... 755,578 541,484  
12 Total. Add lines 1 through 11........ 2,743,329 2,527,310  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 22,290 0   0
c Other professional fees (attach schedule).... 117,722 117,722   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 83,194 48,881   0
19 Depreciation (attach schedule) and depletion... 165,350 112,213  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 388,556 278,816   0
25 Contributions, gifts, grants paid....... 1,706,400 1,706,400
26 Total expenses and disbursements. Add lines 24 and 25 2,094,956 278,816   1,706,400
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 648,373
b Net investment income (if negative, enter -0-) 2,248,494
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............. 5,503    
2 Savings and temporary cash investments......... 216,298 101,860 101,860
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 11,699,480 Click to see attachment
List of Attached Documents:
// Content
12,625,861
24,149,611
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).......... 1,454,660 Click to see attachment
List of Attached Documents:
// Content
1,320,076
8,015,451
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
15,473,362
Click to see attachment
List of Attached Documents:
// Content
18,230,868
Click to see attachment
List of Attached Documents:
// Content
1,639
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 28,849,303 32,278,665 32,268,561
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
105,872
Click to see attachment
List of Attached Documents:
// Content
91,512
23 Total liabilities (add lines 17 through 22)......... 105,872 91,512
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........ 28,743,339 32,187,061
27 Paid-in or capital surplus, or land, bldg., and equipment fund 92 92
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 28,743,431 32,187,153
30 Total liabilities and net assets/fund balances (see instructions). 28,849,303 32,278,665
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
28,743,431
2
Enter amount from Part I, line 27a .....................
2
648,373
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,798,171
4
Add lines 1, 2, and 3 ..........................
4
32,189,975
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,822
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
32,187,153
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 ADVANCED MICRO DEVICES   2024-01-01 2024-12-31
b ALPHABET INC   2024-01-01 2024-12-31
c ALPHABET INC   2024-01-01 2024-12-31
d AMAZON INC   2024-01-01 2024-12-31
e APPLE INC   2024-01-01 2024-12-31
CAPITAL GAIN/LOSSES FROM K-1'S P 2024-01-01 2024-12-31
CAPITAL GAINS DIVIDENDS P 2024-01-01 2024-12-31
DIAMONDBACK CLASS ACTION   2024-01-01 2024-12-31
HERSHEY CO/THE   2024-01-01 2024-12-31
HERSHEY CO/THE   2024-01-01 2024-12-31
LAM RESEARCH CORP   2024-01-01 2024-12-31
LAM RESEARCH CORP   2024-01-01 2024-12-31
LAM RESEARCH CORP   2024-01-01 2024-12-31
LOWE'S COS INC   2024-01-01 2024-12-31
MASTERCARD INC   2024-01-01 2024-12-31
META PLATFORMS INC   2024-01-01 2024-12-31
META PLATFORMS INC   2024-01-01 2024-12-31
MICROSOFT CORP   2024-01-01 2024-12-31
NOVARTIS AG   2024-01-01 2024-12-31
NVIDIA CORP   2024-01-01 2024-12-31
NVIDIA CORP   2024-01-01 2024-12-31
SANDOZ GROUP   2024-01-01 2024-12-31
STANLEY BLACK & DECKER   2024-01-01 2024-12-31
WELLS FARGO FUND CLASS ACTION   2024-01-01 2024-12-31
(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 78,213   32,818 45,395
b 53,900   4,125 49,775
c 50,213   5,966 44,247
d 91,889   15,945 75,944
e 188,057   11,599 176,458
126,884     126,884
52,696     52,696
804     804
59,426   57,816 1,610
59,236   57,632 1,604
114,742   45,510 69,232
46,244   10,326 35,918
27,850   12,398 15,452
174,568   56,337 118,231
107,429   72,820 34,609
83,793   36,516 47,277
72,714   25,835 46,879
93,499   5,416 88,083
81,365   47,032 34,333
66,242   6,458 59,784
325,742   32,264 293,478
5,884   2,648 3,236
81,206   94,601 -13,395
7     7
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       45,395
b       49,775
c       44,247
d       75,944
e       176,458
      126,884
      52,696
      804
      1,610
      1,604
      69,232
      35,918
      15,452
      118,231
      34,609
      47,277
      46,879
      88,083
      34,333
      59,784
      293,478
      3,236
      -13,395
      7
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 1,408,541
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 31,254
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 31,254
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 31,254
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 30,494
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 80,494
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 0
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 49,240
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow49,240 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowTX
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
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowCONDLEY COMPANY LLP Telephone no.right arrow (325) 677-6251

Located atright arrowPO BOX 2993ABILENETX ZIP+4right arrow79604
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
 
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
JOHN J MATTHEWS PRESIDENT/DIRECTOR
0.00
0 0 0
PO BOX 701
ABILENE,TX79604
MARGARET MATTHEWS VICE PRESIDENT/DIRECTOR
0.00
0 0 0
PO BOX 701
ABILENE,TX79604
WATT MATTHEWS SECRETARY/DIRECTOR
0.00
0 0 0
PO BOX 701
ABILENE,TX79604
DENNIS WILKINSON TREASURER/DIRECTOR
0.00
0 0 0
PO BOX 701
ABILENE,TX79604
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
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 N/A 0
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
23,307,060
b
Average of monthly cash balances.......................
1b
286,807
c
Fair market value of all other assets (see instructions)................
1c
8,017,089
d
Total (add lines 1a, b, and c).........................
1d
31,610,956
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
0
3
Subtract line 2 from line 1d.........................
3
31,610,956
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
474,164
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
31,136,792
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,556,840
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
1,556,840
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
31,254
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
21,121
c
Add lines 2a and 2b............................
2c
52,375
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,504,465
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,504,465
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,504,465
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
1,706,400
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
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
1,706,400
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 1,504,465
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 934,346
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,706,400
a Applied to 2023, but not more than line 2a 934,346
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2024 distributable amount..... 772,054
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
732,411
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
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:
MISSY KAMPERT
PO BOX 701
ABILENE,TX79604
(325) 627-7070
bThe form in which applications should be submitted and information and materials they should include:
ALL APPLICATIONS SHOULD BE WRITTEN
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
RECIPIENTS MUST BE TAX-EXEMPT ENTITIES
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

AMERICAN QUARTER HORSE FOUNDATION

PO BOX 32111
AMARILLO,TX79120
NONE PC OPERATIONAL SUPPORT 2,000

AUSTIN GERMAN SHEPHERD RESCUE

PO BOX 3339
MANOR,TX78653
NONE PC OPERATIONAL SUPPORT 1,000

AUSTIN PBS MEMBERSHIP

PO BOX 7158
AUSTIN,TX78713
NONE PC OPERATIONAL SUPPORT 6,000

AUSTIN PETS ALIVE

2807 MANCHACA RD
AUSTIN,TX78704
NONE PC OPERATIONAL SUPPORT 5,000

BREAKTHROUGH T1D

200 VESEY STREET 28TH FLOOR
NEW YORK,NY10281
NONE PC OPERATIONAL SUPPORT 500

CANINE COMPANIONS FOR INDEPENDENCE

PO BOX 630919
IRVING,TX75063
NONE PC OPERATIONAL SUPPORT 50,000

CENTRAL TEXAS FOOD BANK

6500 METROPOLIS DR
AUSTIN,TX78744
NONE PC OPERATIONAL SUPPORT 10,000

CHAMPIONS OFF THE FIELD

1703 W 5TH ST STE 800
AUSTIN,TX78703
NONE PC OPERATIONAL SUPPORT 20,000

COLORADO ACADEMY CA FUND

3800 SOUTH PIERCE ST
DENVER,CO80235
NONE PC OPERATIONAL SUPPORT 210,200

COMITIS CRISIS CENTER INC

2178 VICTOR ST
AURORA,CO80045
NONE PC OPERATIONAL SUPPORT 100,000

DUMB FRIENDS LEAGUE

2080 S QUEBEC ST
DENVER,CO80231
NONE PC OPERATIONAL SUPPORT 50,000

EMANCIPET

7010 EASY WIND DRIVE STE 260
AUSTIN,TX78752
NONE PC OPERATIONAL SUPPORT 5,000

ENVIRONMENT COLORADO

1543 WAZEE ST 400
DENVER,CO80202
NONE PC OPERATIONAL SUPPORT 100,000

EXPLORE AUSTIN

PO BOX 50470
AUSTIN,TX78783
NONE PC OPERATIONAL SUPPORT 85,000

FOOD BANK OF THE ROCKIES

10700 E 45TH AVE
DENVER,CO80239
NONE PC OPERATIONAL SUPPORT 100,000

FRIENDS OF THE LBJ LIBRARY

2313 RED RIVER STREET
AUSTIN,TX78705
NONE PC OPERATIONAL SUPPORT 3,500

HELPING HAND HOME FOR CHILDREN

PO BOX 4185
AUSTIN,TX78765
NONE PC OPERATIONAL SUPPORT 2,500

HOSPICE AUSTIN

4107 SPICEWOOD SPIRNGS ROAD SUITE
100
AUSTIN,TX787598645
NONE PC OPERATIONAL SUPPORT 62,500

KIWANIS OF GREATER ABILENE FOUNDATION

473 CYPRESS ST 107
ABILENE,TX79601
NONE PC OPERATIONAL SUPPORT 5,000

MAJ FOR A MISSION

PO BOX 5929
AUSTIN,TX78763
NONE PC OPERATIONAL SUPPORT 1,000

MOBILE LOAVES AND FISHES

903 CAPITAL OF TEXAS HWY
AUSTIN,TX78746
NONE PC OPERATIONAL SUPPORT 10,000

MOMENTUM ADVISORY COLLECTIVE

PO BOX 131618
DALLAS,TX75313
NONE PC OPERATIONAL SUPPORT 200,000

MOOSILAUKE FRESH AIR SCHOLARSHIP FUND

633 THIRD AVE FL 14
NEW YORK,NY10017
NONE PC OPERATIONAL SUPPORT 20,000

MOUNTAINFILM

122 S OAK STREET
TELLURIDE,CO81435
NONE PC OPERATIONAL SUPPORT 50,000

NATIONAL CUTTING HORSE FOUNDATION

260 BAILEY AVENUE
FORT WORTH,TX76107
NONE PC OPERATIONAL SUPPORT 2,500

NATIONAL PARK FOUNDATION

1500 K STREET NW SUITE 700
WASHINGTON,DC20005
NONE PC OPERATIONAL SUPPORT 2,500

PEASE PARK CONSERVANCY

PO BOX 50065
AUSTIN,TX78763
NONE PC OPERATIONAL SUPPORT 5,000

PEOPLE'S COMMUNITY CLINIC

2909 NORTH IH 35
AUSTIN,TX78722
NONE PC OPERATIONAL SUPPORT 500

PRODIGY VENTURES INC

3078 ALBION ST
DENVER,CO80207
NONE PC OPERATIONAL SUPPORT 10,000

SAFE PLACE

P O BOX 19454
AUSTIN,TX78760
NONE PC OPERATIONAL SUPPORT 1,000

SAN MIGUEL COUNTY SEARCH AND RESCUE

85163 L ROAD
TELLURIDE,CO81435
NONE PC OPERATIONAL SUPPORT 100,000

SKI & SNOWBOARD CLUB VAIL

598 VAIL VALLEY DR
VAIL,CO81657
NONE PC OPERATIONAL SUPPORT 10,450

TELLURIDE MEDICAL CENTER FOUNDATION

PO BOX 1229
TELLURIDE,CO81435
NONE PC OPERATIONAL SUPPORT 100,000

TELLURIDE MOUNTAIN CLUB

PO BOX 1201
TELLURIDE,CO81435
NONE PC OPERATIONAL SUPPORT 100,000

TELLURIDE SCIENCE RESEARCH CENTER

PO BOX 2429
TELLURIDE,CO81435
NONE PC OPERATIONAL SUPPORT 100,000

THE MUNY CONSERVANCY FOR HERITAGE

1800 NUECES ST
AUSTIN,TX78701
NONE PC OPERATIONAL SUPPORT 12,500

UNIVERSITY OF TEXAS SYSTEMS OFFICE OF EXTERNAL RELATIONS

210 WEST 6TH ST SUITE 1200
AUSTIN,TX787012901
NONE PC OPERATIONAL SUPPORT 2,500

UPAYA ZEN CENTER

1404 CERRO GORDO RD
SANTA FE,NM87501
NONE PC OPERATIONAL SUPPORT 150,000

WEST AUSTIN NEIGHBORHOOD GROUP

P O BOX 5722
AUSTIN,TX787635722
NONE PC OPERATIONAL SUPPORT 250

ZACHARY SCOTT THEATRE

1510 TOOMEY ROAD
AUSTIN,TX78704
NONE PC OPERATIONAL SUPPORT 10,000
Total .................................right arrow 3a 1,706,400
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
         
4 Dividends and interest from securities ....     14 578,142  
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 ..... 211100 214,094 15 541,484  
8 Gain or (loss) from sales of assets other than
inventory ............
    18 1,408,541  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory 211100 1,068      
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 215,162 2,528,167 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,743,329
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
TECUMSEH FOUNDATION
EIN:
74-2807652
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 22,290 0   0

TY 2024 InvestmentsCorpStockSchedule
Name:
TECUMSEH FOUNDATION
EIN:
74-2807652
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 183,740 172,380
ADOBE INC 255,239 221,895
ADVANCED MICRO DEVICES INC 56,479 85,640
AIM INTL MUT FUNDS INVESCO INTL MUT FDS SMALLMID 344,444 297,257
ALPHABET INC CL A 243,699 717,826
AMAZON.COM INCORPORATED 231,342 575,899
AMEN PROPERTIES 29,755 39,500
AMGEN INC 107,202 101,650
APPLE INC COM 80,069 626,300
BLACKROCK INC 102,247 199,896
BLACKSTONE GROUP INC COM CL A 83,172 182,248
CHEVRON CORP NEW COM 282,900 415,401
COCA-COLA CO 186,059 218,719
CONOCOPHILLIPS 117,184 155,399
DANAHER CORPORATION COM 150,847 143,239
FIRST FINANCIAL BANKSHARES 1,192,122 6,188,307
HONEYWELL INTERNATIONAL INC 158,967 268,583
INVITATION HOMES INC 126,962 125,898
ISHARES CORE S&P MIDCAP ETF 849,653 1,405,838
ISHARES CORE S&P SMALL CAP ETF 232,316 351,306
ISHARES MSCI EMERGING MARKETS ETF 36,583 59,510
ISHARES TRANSPORTATION AVERAGE ETF 177,127 217,238
JOHNSON & JOHNSON 314,552 383,388
JPMORGAN CHASE & CO 334,425 791,043
JPMORGAN SMALL CAP EQUITY FUND 316,533 322,118
LAMB WESTON HOLDINGS INC 94,547 81,132
LOWES COMPANIES INC 123,132 162,641
MAIN STREET CAPITAL CORP 280,439 1,330,820
MASTERCARD INC CL A 237,616 368,599
MCDONALDS CORP 195,422 246,407
MEDTRONIC PLC 218,122 209,445
MERCK & CO 92,166 273,769
META PLATFORMS INC CL A 112,840 402,831
MICROSOFT CORP 120,651 769,238
MONDELEZ INTERNATIONAL INC 178,915 261,617
NEXTERA ENERGY INC 146,846 143,595
NVIDIA CORP 17,361 178,337
PEPSICO INC 210,294 234,324
PFIZER INC 190,195 128,591
REALITY INCOME CORP 133,116 131,602
S&P GLOBAL INC 101,179 179,291
SALESFORCE COM INC COM 140,495 204,276
SERVICENOW INC 93,504 258,669
SPDR S&P REGIONAL BANKING ETF 143,204 217,864
UNITED HEALTH GROUP INC 183,457 234,719
UTILITIES SELECT SECTOR SPDR 609,804 707,853
VANGUARD FTSE DEVELOPED MARKETS ETF 1,566,329 1,662,319
VANGUARD FTSE EMERGING MARKETS ETF 593,924 663,859
VANGUARD INDEX FDS REAL ESTATE ETF 477,091 543,833
WALMART INC 95,615 189,193
WORKDAY INC CLASS A 75,979 98,309

TY 2024 InvestmentsOtherSchedule2
Name:
TECUMSEH FOUNDATION
EIN:
74-2807652
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BUCHANAN INVESTMENTS ALTERENERGY, LLC AT COST 59,999 3,789
JMK INVESTMENTS FMV 260,384 1,344,255
O&G PROPERTIES LESS ACCUM DEPLETION AT COST 329,660 1,829,138
TEJON ENERGY FMV 670,033 4,838,269

TY 2024 OtherAssetsSchedule
Name:
TECUMSEH FOUNDATION
EIN:
74-2807652
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
UNREALIZED GAIN 15,471,175 18,229,229 0
DIVIDEND RECEIVABLE 2,187 1,639 1,639


TY 2024 OtherDecreasesSchedule
Name:
TECUMSEH FOUNDATION
EIN:
74-2807652
Description Amount
NON-DEDUCTIBLE EXPENSES 2,094
JMK INVESTMENTS AT-RISK LIMITATION 728


TY 2024 OtherIncomeSchedule2
Name:
TECUMSEH FOUNDATION
EIN:
74-2807652
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OIL & GAS ROYALTIES 441,333 441,333 441,333
PARTNERSHIP INCOME 100,151 100,151 100,151
PARTNERSHIP INCOME- UBI PORTION 214,094 0 214,094


TY 2024 OtherIncreasesSchedule
Name:
TECUMSEH FOUNDATION
EIN:
74-2807652
Description Amount
CHANGE IN UNREALIZED GAIN IN CORPORATE STOCKS 2,757,884
ADDITIONAL PERCENTAGE DEPLETION 40,114
OTHER 173


TY 2024 OtherLiabilitiesSchedule
Name:
TECUMSEH FOUNDATION
EIN:
74-2807652
Description Beginning of Year - Book Value End of Year - Book Value
DUE TO COOPER MATTHEWS FOUNDATION 105,872 91,512


TY 2024 OtherProfessionalFeesSchedule
Name:
TECUMSEH FOUNDATION
EIN:
74-2807652
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TRUSTEE FEES 87,688 87,688   0
MISCELLANEOUS EXPENSES 60 60   0
OIL & GAS MISCELLANEOUS EXPENSE 938 938   0
ROYALTY TRUSTEE FEES 29,036 29,036   0


TY 2024 TaxesSchedule
Name:
TECUMSEH FOUNDATION
EIN:
74-2807652
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX WITHHELD 9,313 0   0
ROYALTY AD VALOREM TAX 26,804 26,804   0
ROYALTY PRODUCTION TAX 22,077 22,077   0
FEDERAL EXCISE TAX EXPENSE 25,000 0   0