Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
THE TOM AND FRANCES LEACH
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address) 425 NORTH 5TH ST SUITE 308
  Room/suite
City or town
BISMARCK
State or province
ND
Country  
ZIP or foreign postal code
58501
A Employer identification number

45-6012703
B Telephone number (see instructions)

7012550479
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$34,854,673J 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 .................
3 Interest on savings and temporary cash investments 63 63  
4 Dividends and interest from securities... 1,019,861 1,019,861  
5a Gross rents............ 407,021 407,021  
b Net rental income or (loss) 269,462
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
858,240
b Gross sales price for all assets on line 6a 8,858,805
7 Capital gain net income (from Part IV, line 2)... 858,240
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
1,084,449 784,004  
12 Total. Add lines 1 through 11........ 3,369,634 3,069,189  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 28,500 5,700   22,800
14 Other employee salaries and wages...... 43,645 8,729   34,916
15 Pension plans, employee benefits....... 4,648 930   3,718
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15,400 3,160   12,240
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
156,822 156,420   402
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
61,666 6,860    
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
1,460    
20 Occupancy.............. 26,281 5,256   21,025
21 Travel, conferences, and meetings....... 26,328 5,266   21,062
22 Printing and publications.......... 38,932 7,786   31,146
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
147,347 139,516   7,831
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 551,029 339,623   155,140
25 Contributions, gifts, grants paid....... 2,015,000 2,015,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 2,566,029 339,623   2,170,140
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 803,605
b Net investment income (if negative, enter -0-) 2,729,566
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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............. 86,986 97,788 97,787
2 Savings and temporary cash investments......... 1,073,819 1,117,384 1,117,384
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 15,155,128 Click to see attachment
List of Attached Documents:
// Content
13,466,757 		21,806,988
c Investments—corporate bonds (attach schedule)....... 7,342,711 Click to see attachment
List of Attached Documents:
// Content
9,621,272 		9,761,802
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 791,029 Click to see attachment
List of Attached Documents:
// Content
950,460 		2,065,377
14 Land, buildings, and equipment: basis 13,904
Less: accumulated depreciation (attach schedule) 8,666 5,432 Click to see attachment
List of Attached Documents:
// Content
5,238 		5,335
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
100 		Click to see attachment
List of Attached Documents:
// Content
100 		 
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 24,455,205 25,258,999 34,854,673
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 ) Click to see attachment
List of Attached Documents:
// Content
1,174 		Click to see attachment
List of Attached Documents:
// Content
1,363
23 Total liabilities (add lines 17 through 22)......... 1,174 1,363
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 24,454,031 25,257,636
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
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)..... 24,454,031 25,257,636
30 Total liabilities and net assets/fund balances (see instructions). 24,455,205 25,258,999
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
24,454,031
2
Enter amount from Part I, line 27a .....................
2
803,605
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
25,257,636
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
25,257,636
Form 990-PF (2025)
Form 990-PF (2025)
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 US BANK 6300 SHORT-TERM P    
b US BANK 6300 LONG-TERM P    
c US BANK 3190 SHORT-TERM P    
d US BANK 3190 LONG-TERM P    
e US BANK 3190 CAPITAL GAINS P    
(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 47,832   56,700 -8,868
b 888,345   558,112 330,233
c 3,097,655   3,146,893 -49,238
d 4,823,076   4,238,860 584,216
e 1,897     1,897
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       -8,868
b       330,233
c       -49,238
d       584,216
e       1,897
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 2 858,240
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 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 37,941
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 37,941
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 37,941
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 47,962
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 47,962
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
8 132
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 9,889
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax0 Refunded 11 9,889
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
ND
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 2025 or the taxable year beginning in 2025? 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 addressWWW.LEACHFOUNDATION.ORG
14
The books are in care ofTAMI HELMERS Telephone no. (701) 255-0479

Located at425 N 4TH STREET STE 308BISMARCKND ZIP+458501
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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 ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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
TODD STEINWAND PRESIDENT
000.00 		5,000 0 0
PO BOX 5509
BISMARCK,ND58506
DAVID L GOODIN VICE PRESIDE
000.00 		5,000 0 0
1200 W CENTURY AVE
BISMARCK,ND58506
ANN REICH SECR/TREAS
000.00 		5,000 0 0
4401 LOOKOUT TRAIL
BISMARCK,ND58504
WILLIAM L DANIEL DIRECTOR
000.00 		4,500 0 0
304 E ROSSER AVE SUITE 200
BISMARCK,ND58501
BRIAN R BJELLA DIRECTOR
000.00 		4,500 0 0
1050 BOYLAN
BOZEMAN,MT59715
KATE BLACK DIRECTOR
000.00 		4,500 0 0
2810 LANGER LANE
BISMARCK,ND58504
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...................  
Form 990-PF (2025)
Form 990-PF (2025)
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
US BANK NATIONAL ASSN TRUSTEE INVESTMENT ADVI 156,420
800 NICOLLET MALL
MINNEAPOLIS,MN55402
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 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
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
32,231,859
b
Average of monthly cash balances.......................
1b
544,997
c
Fair market value of all other assets (see instructions)................
1c
879,939
d
Total (add lines 1a, 1b, and 1c).......................
1d
33,656,795
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
33,656,795
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
504,852
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
33,151,943
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
1,657,597
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,657,597
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
37,941
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
37,941
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,619,656
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,619,656
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
1,619,656
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, line 26, column (d) ..........
1a
2,170,140
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
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
2,170,140
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 1,619,656
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 135,793
b From 2021...... 67,121
c From 2022...... 238,534
d From 2023...... 282,056
e From 2024...... 612,635
f Total of lines 3a through e ........ 1,336,139
4Qualifying distributions for 2025 from Part
XI, line 4: $ 2,170,140
a Applied to 2024, 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 2025 distributable amount..... 1,619,656
e Remaining amount distributed out of corpus 550,484
5 Excess distributions carryover applied to 2025.    
(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 1,886,623
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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		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 2020 not
applied on line 5 or line 7 (see instructions) ... 		135,793
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		1,750,830
10 Analysis of line 9:
a Excess from 2021 .... 67,121
b Excess from 2022 .... 238,534
c Excess from 2023 .... 282,056
d Excess from 2024 .... 612,635
e Excess from 2025 .... 550,484
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c 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 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, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
TAMI HELMERS
1720 BURNT BOAT DR STE 206
BISMARCK,ND58502
(701) 255-0479
LEACHFOUNDATION@MIDCONETWORK.COM
bThe form in which applications should be submitted and information and materials they should include:
ONLINE APPLICATION AT WWW.LEACHFOUNDATION.ORG/APPLY
cAny submission deadlines:
JUNE 30 WITH AWARDS MADE ANNUALLY IN NOVEMBER
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
ORGANIZATIONS MUST BE APPROVED 501(C)(3) ENTITIES, PREFERENCE IS GIVEN TO ORGANIZATIONS IN THE UPPER MIDWEST.
Form 990-PF (2025)
Form 990-PF (2025)
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

318 PROJECT

PO BOX 174
BISMARCK,ND58502 		    HUMAN TRAFFICKING-SURVIVOR MENTORSHI 40,000

ABUSED ADULT RESOURCE CENTER

218 W BROADWAY
PO BOX 5003
BISMARCK,ND58501 		    SECURITY CAMERA/DOORBELL UPGRADE 30,000

AID INCORPORATED

314 W MAIN STREET
MANDAN,ND58554 		    AID INC HELP CENTER OR GENERAL OPERA 10,000

AMERICAN DIABETES ASSN INC

2451 CRYSTAL DRIVE
SUITE 900
ARLINGTON,VA22202 		    ADA CAMP MAVERICK 5,000

AMERICAN RED CROSS

431 18TH ST NW
WASHINGTON,DC20006 		    DISASTER SVC & SVCS TO ARMED FORCES 34,000

AO1 FOUNDATION INC

1630 W OAK ST
STE 210
ZIONSVILLE,IN46077 		    CAMP CONQUERORS 15,000

BIO GIRLS INC

4225 38TH ST S SUITE 101
FARGO,ND58104 		    BIO GIRLS - BISMARCK-MANDAN, ND- '26 10,000

BISMARCK ART & GALLERIES ASSOC

422 E FRONT AVENUE
BISMARCK,ND58504 		    MONTHLY EXHIBITS 7,500

BISMARCK CANCER CENTER FOUNDATION

500 N 8TH ST
BISMARCK,ND58501 		    STRUCTURAL IMPR TO PATIENT FACILITY 50,000

BISMARCK GLOBAL NEIGHBORS

2700 STATE ST
BISMARCK,ND58503 		    COMMUNITY CONNECTOR PROGRAM 10,000

BISMARCK LIBRARY FOUNDATION INC

515 N 5TH STREET
BISMARCK,ND58501 		    SUMMER READING 2026 AT BVMPL 17,500

BISMARCK STATE COLLEGE FOUNDATION

1255 SCHAFER STREET
PO BOX 5587
BISMARCK,ND58506 		    SCHOLARSHIP FUNDING 10,000

BISMARCK STATE COLLEGE FOUNDATION

1255 SCHAFER STREET
PO BOX 5587
BISMARCK,ND58506 		    BAVENDICK ATHLETIC CENTER 150,000

BISMARCK YOUTH BASEBALL INC

PO BOX 176
BISMARCK,ND58502 		    BABE RUTH & AMER LEGION EXP- YR 3 10,000

BISMARCK-MANDAN CIVIC CHORUS

PO BOX 2566
BISMARCK,ND58501 		    2025-2026 SZN 5,000

BISMARCK-MANDAN ORCHESTRAL ASSOC

PO BOX 2031
BISMARCK,ND58502 		    GENERAL OPERATING SUPPORT 15,000

BOY SCOUTS OF AMERICA- NORTHERN LI

4200 19TH AVE S
FARGO,ND58103 		    BIS-MAN CENTER FOR SCOUTING 8,000

BURLEIGH CTY CNCL ON AGINGSR ADULT

315 N 20TH ST
BISMARCK,ND58501 		    CONNECTION CAFE A/V SYSTEM 10,000

CAPITAL CITY YOUNG GUNS

2343 32 1/2 STREET
MANDAN,ND58554 		    YOUNG GUN EXPANSION PROGRAM 15,000

CENTRAL DAKOTA CHILDREN'S CHOIR

921 S 9TH STE 115
BISMARCK,ND58501 		    EDU OUTREACH/ELEM MUSIC CLASS/ ALUMN 12,500

CENTRAL DAKOTA HUMANE SOCIETY

2104 37TH STREET
MANDAN,ND58554 		    NEW DOG BUILDING PROJECT 120,000

DACOTAH FDN BIS-MAN MENTOR SQUAD

600 S 2ND ST STE 8
BISMARCK,ND58504 		    BIS-MAN MENTOR SQUAD 10,500

DAKOTA PRO MUSICA

4740 19TH ST N 102
BISMARCK,ND58503 		    ESTHER- THE BEAUTIFUL QUEEN- AMERICA 10,000

DAKOTA STAGE INC

412 E MAIN AVE
BISMARCK,ND58501 		    MAIN STAGE SEASON 47 (25-26) 15,000

DAKOTA WEST ARTS COUNCIL

400 E FRONT AVE
BISMARCK,ND58504 		    COMMUNITY CALENDAR 2.0 5,000

FARM RESCUE

PO BOX 28
HORACE,ND58047 		    PLANTING SEEDS OF HOPE FOR ND 5,000

FELLOWSHIP OF CHRISTIAN ATHLETES

8701 LEEDS ROAD
KANSAS CITY,MO64129 		    EXPANDING FCA'S IMPACT & NEW STAFF 10,000

GIRL SCOUTS DAKOTA HORIZON

1101 S MARION ROAD
SIOUX FALLS,SD57106 		    LEADERSHIP EXPERIENCE PROGRAM FOR AD 8,000

GREAT PLAINS FOOD BANK

1720 3RD AVENUE SOUTH
FARGO,ND58102 		    HARVESTING HOPE CAPITAL CAMPAIGN 50,000

HEAVEN'S HELPERS SOUP CAF

220 N 23RD ST
BISMARCK,ND58501 		    HEAVENS HELPERS GO DISCIPLINE 10,000

HOPE MANOR FOUNDATION

PO BOX 1301
BISMARCK,ND58502 		    HOPE MANOR'S OPERATIONAL SUSTAINABIL 75,000

HOSPICE OF RED RIVER VALLEY DBA HIA

1701 38TH S STE 101
FARGO,ND58103 		    BIS AREA GRIEF & BEREAVEMENT PROGRAM 7,500

INTERNATIONAL MUSIC CAMP INC

111 11TH AVENUE SW
SUITE 3
MINOT,ND58701 		    SCHOLARSHIP FOR CAMPERS 10,000

JR ACHEIVEMENT USA

PO BOX 120478
ST PAUL,MN55112 		    JR ACHIEVEMENT N OF ND 25-26 10,000

LONG X ARTS FDN

PO BOX 126
WATFORD CITY,ND58854 		    CULTURAL CONNECTIONS PROGRAMMING 10,000

MAKE-A-WISH

4143 26TH AVE S
SUITE 104
FARGO,ND58104 		    GRANT WISHES FOR ILL CHILDREN 15,000

MINOT STATE UNIVERSITY- SPECIAL EDU

500 W UNIVERSITY AVENUE
MINOT,ND58707 		    SPECIAL EDU PROGRAMS STUDENT SUPPORT 10,000

MISSOURI SLOPE AREAWIDE UNITED WAY

515 N 4TH STREET
BISMARCK,ND58501 		    DOLLY PARTON IMAGINATION LIBRARY & B 40,000

MISSOURI VALLEY FAMILY YMCA

1608 N WASHINGTON STREET
BISMARCK,ND58501 		    Y FOR ALL COMMUNITY PROGRAMS 25,000

MORTON CTY COUNCIL ON AGING INC

301 15TH STREET NW
MANDAN,ND58554 		    NUTRITION PROGRAM FOR ELDERLY 15,000

MOUNTRAIL COUNTY MEDICAL CNTR INC

615 6TH ST SE
STANLEY,ND58784 		    MOUNTRAIL COUNTY MEDICAL CTR MRI 250,000

MTN-PLAINS YOUTH SERV COAL DBA YW

217 W ROSSER AVE
BISMARCK,ND58501 		    YOUTH RISE 5,000

MUSICIAN'S ASSOCIATION

PO BOX 88
MANDAN,ND58554 		    PERFORMANCE FUND 5,000

ND FFA FOUNDATION INC

PO BOX 6022
BISMARCK,ND58506 		    ND FFA FALL LEADERSHIP CONFERENCE 7,500

NDSU FOUNDATION

1241 UNIVERSITY DRIVE N
FARGO,ND58105 		    SCHOLARSHIPS 10,000

NEXUS-PATH FAMILY HEALING

1202 WESTRAC DRIVE
SUITE 400
FARGO,ND58103 		    MENTAL HEALTH SERV FOR YOUTH 10,000

NORTH DAKOTA GATEWAY TO SCIENCE CEN

1810 SCHAFER ST STE 1
BISMARCK,ND58501 		    GENERAL OPERATING SUPPORT 10,000

NORTHERN PLAINS DANCE

1416 EAST FRONT AVENUE
BISMARCK,ND58504 		    OUTREACH INITIATIVES THRU NORTHERN P 10,000

OPERATION HOMEFRONT INC

17319 SAN PEDRO AVE
SUITE 505
SAN ANTONIO,TX78232 		    BACK TO SCHOOL BRIGADE/HOLIDAY MEALS 5,000

PRIDE INC

PO BOX 4086
BISMARCK,ND58502 		    CELEBRATION OF TREES 3,000

REBUILDING TOGETHER GREATER
BISMARCK-MANDAN AREA
PO BOX 874
MANDAN,ND58554 		    2026 REBUILDING DAY 15,000

RONALD MCDONALD HOUSE CHARITIES

PO BOX 7323
BISMARCK,ND58507 		    PROGRAM SUPPORT FOR THE CARE MOBILE 250,000

STATE HISTORICAL SOC OF ND FDN

PO BOX 1976
BISMARCK,ND58502 		    SUPPORT MILITARY GALLERY 50,000

STEPPING STONE MINISTRIES

PO BOX 1492
BISMARCK,ND58502 		    MEDICAL RESPITE CENTER 10,000

THE ND HUMANITIES COUNCIL

PO BOX 2191
BISMARCK,ND58502 		    AMERICA 250: HISTORY OF AMERICAN EXE 30,000

THE VILLAGE FAM SERVICE CNTR

2701 12TH AVE S
FARGO,ND58103 		    MENTAL HEALTH SUPPORT UNDER/UNINSURE 8,000

THEO ART SCHOOL

1810 SCHAFER STREET
BISMARCK,ND58501 		    FUNDING FOR FINE ARTS PROGRAM 6,000

THEODORE ROOSEVELT MEDORA FDN

405 E RIVER ROAD S
MEDORA,ND58645 		    FUND NEW BUILDING TO HOUSE EMPLOYEES 50,000

THEODORE ROOSEVELT PRES LIBRARY FD

1401 E CALGARY AVE
SUITE 210
MEDORA,ND58645 		    PLEDGE COMMITMENT - YR 5 0F 5 20,000

TRACY'S SANCTUARY HOUSE

908 N 8TH ST
BISMARCK,ND58501 		    OUTREACH THRU ADMIN CAPACITY SCHOLAR 5,000

TURTLE MOUNTAIN COMMUNITY COLLEGE

10145 BIA ROAD 7
BELCOURT,ND58316 		    SCHOLARSHIP 10,000

UNIVERITY OF MARY

7500 UNIVERSITY DRIVE
BISMARCK,ND58504 		    CAMPUS ADDITION 50,000

UNIVERSITY OF JAMESTOWN

6082 COLLEGE LANE
JAMESTOWN,ND58405 		    SCHOLARSHIP FUND 10,000

UNIVERSITY OF JAMESTOWN

6082 COLLEGE LANE
JAMESTOWN,ND58405 		    VOORHEES CHAPEL LEADERSHIP 50,000

UNIVERSITY OF MARY

7500 UNIVERSITY DRIVE
BISMARCK,ND58504 		    SCHOLARSHIP 10,000

UNIVERSITY OF ND ALUMNI ASSOC FDN

3501 UNIVERSITY AVENUE
STOP 8157
GRAND FORKS,ND58202 		    SCHOLARSHIP FUND 10,000

WELCOME HOUSE INC

617 N 7TH STREET
BISMARCK,ND58501 		    PROVIDE TRANSITIONAL HOUSING FOR FAM 15,000

WESTERN ND HONOR FLIGHT

PO BOX 265
BISMARCK,ND58502 		    HONOR FLIGHT FOR VETERANS 50,000

WILLISTON STATE COLLEGE FOUNDATION

PO BOX 1286
WILLISTON,ND58802 		    SUPPORT HEALTHCARE TRAINING FACILITY 60,000

YOUNG LIFE- BISMARCK & MANDAN

420 N CASCADE AVE
COLORADO SPRINGS,CO80903 		    FUNDS FOR OUTREACH AND CAMP PROGRAMS 35,000

YOUNG LIFE- STANDING ROCK

420 N CASCADE AVE
COLORADO SPRINGS,CO80903 		    YOUTH MINISTRY, CAMP PROGRAM 30,000
Total ................................. 3a 2,015,000
bApproved for future payment

BISMARCK CANCER CENTER FOUNDATION
500 N 8TH ST
BISMARCK,ND58501 		    STRUCTURAL IMPR TO PATIENT FACILITY 200,000

GREAT PLAINS FOOD BANK
1720 3RD AVE SOUTH
FARGO,ND58102 		    SUPPORT PROPERTY PURCHASE 200,000

STATE HISTORICAL SOCIETY OF ND FDN
PO BOX 1976
BISMARCK,ND58501 		    SUPPORT MILITARY GALLERY 200,000

THEODORE ROOSEVELT MEDORA FDN
405 E RIVER ROAD S
MEDORA,ND58645 		    CONSTRUCTION OF EMPLOYEE HOUSING 100,000

UNIVERSITY OF MARY
7500 UNIVERSITY DRIVE
BISMARCK,ND58504 		    YR 2 OF 5 MILITARY STUDENT CENTER 150,000

WESTERN ND HONOR FLIGHT
PO BOX 265
BISMARCK,ND58502 		    HONOR FLIGHT FOR VETERANS 50,000

WILLISTON STATE COLLEGE FOUNDATION
PO BOX 1286
WILLISTON,ND58502 		    SUPPORT HEALTHCARE TRAINING FACILITY 240,000
Total ................................. 3b 1,140,000
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 63  
4 Dividends and interest from securities ....     14 1,019,861  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 269,462  
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 858,240  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aTHOMAS W. LEACH TRUST-NONTA 		    14 300,445  
bTHOMAS W. LEACH TRUST     15 784,004  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   3,232,075  
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,232,075
(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 (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
THE TOM AND FRANCES LEACH
 
FOUNDATION
EIN:
45-6012703
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 15,400 3,160   12,240

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

TY 2025 DepreciationSchedule
Name:
THE TOM AND FRANCES LEACH
 
FOUNDATION
EIN:
45-6012703
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
FURNITURE & EQUIP - OLD 1985-01-01 4,058 4,058 S/L 5.0000        
MICROWAVE 1994-12-15 180 180 S/L 10.0000        
RECEPTIONIST CHAIR 2001-02-28 95 95 S/L 7.0000        
WOODEN DESK - USED 2001-05-31 137 137 S/L 7.0000        
COMP DESK & CHAIR - USED 2001-08-31 122 122 S/L 7.0000        
CALCULATOR 2002-03-31 90 90 S/L 7.0000        
COMPUTER SYSTEM & MONITOR 2003-07-31 1,534 1,534 S/L 5.0000        
ACCESS SOFTWARE 2004-07-31 225 225 S/L 5.0000        
SIDE TABLES (X2) 2004-11-30 90 90 S/L 7.0000        
5 CHAIRS/2 TABLES 2005-08-31 500 500 S/L 7.0000        
SHREDDER 2006-06-30 137 137 S/L 5.0000        
LEASEHOLD IMPROVEMENTS 1985-01-01 3,228 3,228 S/L 7.0000        
QUICKBOOKS SOFTWARE 2008-09-25 356 356 S/L 3.0000        
BASYX OFFICE CHAIR 2008-10-17 320 320 S/L 7.0000        
HP COMPUTER 2014-10-09 744 744 S/L 5.0000        
CANON SCANNER 2015-01-14 478 478 S/L 5.0000        
COMPUTER & SERVER 2017-12-18 2,215 2,016 S/L 5.0000 40      
ADD LABOR - 2017 COMPUTER 2018-03-22 1,000 1,000 S/L 5.0000        
FIREPROOF FILE CABINET 2021-12-31 1,400 600 S/L 7.0000 200      
PRINTER COPIER 2021-12-31 50 30 S/L 5.0000 10      
CHAIR 2021-12-31 50 21 S/L 7.0000 8      
DESK W/ LATERAL FILE CABI 2021-12-31 80 34 S/L 7.0000 12      
VACUUM CLEANER 2021-12-31 20 12 S/L 5.0000 4      
FIREPROOF FILE CABINETS (X2) 2022-08-03 5,735 1,980 S/L 7.0000 819      
OFFICE SUPPLY CABINETS 2024-06-28 690 115 S/L 3.0000 230      
LAPTOP CART (ADJUSTABLE) 2025-10-01 50   S/L 5.0000 3      
ACRYLIC WALL SIGN 2025-05-28 243   S/L 10.0000 14      
WALL NAME PLATE 2025-05-27 38   S/L 10.0000 2      
WALL SCONCES (X2) 2025-05-27 70   S/L 5.0000 8      
WALL CLOCK 2025-05-27 80   S/L 5.0000 9      
COMPUTER MONITOR (27") 2025-05-13 226   S/L 5.0000 30      
BOOKSHELF (4 TIER) 2025-05-13 84   S/L 7.0000 8      
PANTRY UNIT 2025-01-06 210   S/L 7.0000 30      
MICROWAVE 2024-12-19 81   S/L 7.0000 12      
MAGNETIC DRY ERASE BOARD 2024-07-26 30   S/L 7.0000 4      
LETTER ORGANIZER (7 TIER) 2024-07-26 25   S/L 7.0000 4      
CORDLESS PHONE 2024-02-13 50   S/L 7.0000 7      
FELT NOTICE BOARD 2024-07-26 27   S/L 7.0000 4      
LAMINATOR 2025-10-24 52   S/L 5.0000 2      

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TY 2025 GainLossSaleOtherAssetsSch
Name:
THE TOM AND FRANCES LEACH
 
FOUNDATION
EIN:
45-6012703
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
FURNITURE & EQUIP - OLD 1985-01 PURCHASE 2025-09     4,058       4,058
MICROWAVE 1994-12 PURCHASE 2025-09     180       180
RECEPTIONIST CHAIR 2001-02 PURCHASE 2025-09     95       95
WOODEN DESK - USED 2001-05 PURCHASE 2025-09     137       137
COMP DESK & CHAIR - USED 2001-08 PURCHASE 2025-09     122       122
COMPUTER SYSTEM & MONITOR 2003-07 PURCHASE 2025-09     1,534       1,534
LEASEHOLD IMPROVEMENTS 1985-01 PURCHASE 2025-09     3,228       3,228
BASYX OFFICE CHAIR 2008-10 PURCHASE 2025-09     320       320
HP COMPUTER 2014-10 PURCHASE 2025-09     744       744
CANON SCANNER 2015-01 PURCHASE 2025-09     478       478

TY 2025 InvestmentsCorpBondsSchedule
Name:
THE TOM AND FRANCES LEACH
 
FOUNDATION
EIN:
45-6012703
Name of Bond End of Year Book Value End of Year Fair Market Value
FIXED INCOME HELD AT US BANK 9,621,272 9,761,802

TY 2025 InvestmentsCorpStockSchedule
Name:
THE TOM AND FRANCES LEACH
 
FOUNDATION
EIN:
45-6012703
Name of Stock End of Year Book Value End of Year Fair Market Value
EQUITIES HELD AT US BANK 10,367,729 16,422,034
EQUITY FUNDS-M&P CUSTODY ACCT 3,099,028 5,384,954

TY 2025 InvestmentsOtherSchedule2
Name:
THE TOM AND FRANCES LEACH
 
FOUNDATION
EIN:
45-6012703
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
OIL & GAS PROPERTIES AT COST 100,206 1,136,831
REAL ESTATE INV HELD AT US BANK AT COST 850,254 928,546

TY 2025 LandEtcSchedule2
Name:
THE TOM AND FRANCES LEACH
 
FOUNDATION
EIN:
45-6012703
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
  13,904 8,666 5,238 5,335


TY 2025 OtherAssetsSchedule
Name:
THE TOM AND FRANCES LEACH
 
FOUNDATION
EIN:
45-6012703
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
KOPP PROPERTY 100 100  


TY 2025 OtherExpensesSchedule
Name:
THE TOM AND FRANCES LEACH
 
FOUNDATION
EIN:
45-6012703
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OIL & GAS ROYALTIES        
GROSS PRODUCTION TAXES 135,868 135,868    
CANADIAN EXCHANGE 1,691 1,691    
EXPENSES        
INSURANCE 8,696 1,739   6,957
OTHER EXPENSES 1,092 218   874


TY 2025 OtherIncomeSchedule2
Name:
THE TOM AND FRANCES LEACH
 
FOUNDATION
EIN:
45-6012703
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
THOMAS W. LEACH TRUST-NONTAX 300,445    
THOMAS W. LEACH TRUST 784,004 784,004  


TY 2025 OtherLiabilitiesSchedule
Name:
THE TOM AND FRANCES LEACH
 
FOUNDATION
EIN:
45-6012703
Description Beginning of Year - Book Value End of Year - Book Value
PAYROLL LIABILITIES 1,174 1,363


TY 2025 OtherProfessionalFeesSchedule
Name:
THE TOM AND FRANCES LEACH
 
FOUNDATION
EIN:
45-6012703
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 156,420 156,420    
OTHER PROFESSIONAL FEES 402     402


TY 2025 TaxesSchedule
Name:
THE TOM AND FRANCES LEACH
 
FOUNDATION
EIN:
45-6012703
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX ON INVESTMENT INCOME 54,806      
FOREIGN TAX 6,860 6,860