| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| (A)
NATIONAL BISON ASSOCIATION NATIONAL BISON ASSOCIATION |
841026558 | 7 | Yes | 805 | 0 | |
|
Total 1
|
805 | 0 | ||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
| Calendar year (or fiscal year beginning in) | (a) 2021 | (b) 2022 | (c) 2023 | (d) 2024 | (e) 2025 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6 | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | ||||||
| c | Add lines 10a and 10b | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6Total annual distributions. Add lines 1 through 5. | 6 | |
|
7
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
7 | |
| 8 Distributable amount for 2025 from Section C, line 6 | 8 | |
| 9 Line 7 amount divided by Line 8 amount | 9 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2025 |
(iii) Distributable Amount for 2025 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2025 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2025 (reasonable cause required-- explain in Part VI).
See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2025: | ||||
| a From 2020....... | ||||
| b From 2021....... | ||||
| c From 2022....... | ||||
| d From 2023....... | ||||
| e From 2024....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2025 distributable amount | ||||
|
i
Carryover from 2020 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2025 from Section D, line 6: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2025 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2025, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
6
Remaining underdistributions for 2025. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
7 Excess distributions carryover to 2026. Add lines 3j and 4c. |
||||
| 8 Breakdown of line 7: | ||||
| a Excess from 2021..... | ||||
| b Excess from 2022..... | ||||
| c Excess from 2023..... | ||||
| d Excess from 2024..... | ||||
| e Excess from 2025..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| PART IV, SECTION A, LINE 2 | THE ORGANIZATION OBTAINS ANNUAL VERIFICATION THAT THE SUPPORTED ORGANIZATION QUALIFIES UNDER 509(A)(2) BASED ON THE PUBLIC SUPPORT RECEIVED. |
| PART IV, SECTION A, LINE 3B | THE ORGANIZATION OBTAINS ANNUAL VERIFICATION THAT THE SUPPORTED ORGANIZATION QUALIFIES UNDER 509(A)(2) BASED ON THE PUBLIC SUPPORT RECEIVED. |
| PART IV, SECTION A, LINE 3C | MONITORING OCCURS THROUGH REVIEW OF THE FORM 990, RELATED MANAGEMENT, AND COMMON BOARD MEMBERS. |
| PART IV, SECTION D, LINE 2 | THE SITTING BOARD MEMBERS OF THE DR. KEN THROLSON AMERICAN BISON FOUNDATION ARE FORMER BOARD MEMBERS OF THE NATIONAL BISON ASSOCIATION. THE NONPROFIT THAT THE THROLSON FOUNDATION WAS SET UP TO SUPPORT. WORKING CLOSELY TOGETHER, THESE BOARD MEMBERS WORK ON BEHALF OF THE BISON TO IMPROVE ALL ASPECTS OF THE ANIMALS LIFE, HEALTH AND WELL BEING. ONE BOARD MEMBER REMAINS ON BOTH ENTITIES, AND THEY ALSO SHARE AN EXECUTIVE DIRECTOR. |
| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 2 | ACE WARD BRIAN WARD PRESIDENT BOARD MEMBER FAMILY RELATIONSHIP WAYNE COOK PETER COOK TREASURER SECRETARY FAMILY RELATIONSHIP |
| FORM 990, PAGE 6, PART VI, LINE 4 | DURING THE TAX YEAR, THE ORGANIZATION UNDERTOOK A SIGNIFICANT CORPORATE RESTRUCTURING, CHANGING ITS STATE OF INCORPORATION FROM COLORADO TO SOUTH DAKOTA. THIS CHANGE WAS MADE TO ALIGN THE FOUNDATION'S LEGAL DOMICILE WITH ITS OPERATIONS AND ITS SUPPORTED ORGANIZATION. IN CONNECTION WITH THIS RESTRUCTURING, THE ORGANIZATION ADOPTED NEW ARTICLES OF INCORPORATION UNDER THE LAWS OF THE STATE OF SOUTH DAKOTA. THE SIGNIFICANT CHANGES TO THE GOVERNING DOCUMENTS RESULTING FROM THIS RE- INCORPORATION ARE AS FOLLOWS: CHANGE OF LEGAL DOMICILE: THE ORGANIZATION IS NOW A SOUTH DAKOTA NONPROFIT CORPORATION GOVERNED BY SOUTH DAKOTA LAW, WITH ITS REGISTERED OFFICE AND AGENT LOCATED IN SOUTH DAKOTA. PREVIOUSLY, IT WAS A COLORADO NONPROFIT CORPORATION. CHANGE IN SUPPORTED ORGANIZATION: THE NEW ARTICLES OF INCORPORATION IDENTIFY THE "NATIONAL BISON ASSOCIATION," A SOUTH DAKOTA NONPROFIT CORPORATION, AS THE ORGANIZATION IT IS ORGANIZED TO SUPPORT UNDER IRC 509(A)(3). THIS IS A CHANGE FROM THE PRIOR ARTICLES, WHICH NAMED THE "AMERICAN BISON ASSOCIATION," A COLORADO NONPROFIT, AS THE SUPPORTED ORGANIZATION. ALTERED GOVERNANCE STRUCTURE: THE ORGANIZATION'S GOVERNANCE STRUCTURE WAS FUNDAMENTALLY CHANGED. UNDER THE PRIOR COLORADO ARTICLES, THE "AMERICAN BISON ASSOCIATION" WAS DESIGNATED AS THE "SOLE VOTING MEMBER," GIVING IT CONTROL OVER THE ORGANIZATION. THE NEW SOUTH DAKOTA ARTICLES ESTABLISH A SELF-PERPETUATING BOARD OF DIRECTORS, WHERE THE SITTING DIRECTORS ARE RESPONSIBLE FOR ELECTING THEIR SUCCESSORS. THE CONCEPT OF A SOLE VOTING MEMBER IS NOT PRESENT IN THE NEW ARTICLES. REVISED COMPLIANCE PROVISIONS: THE LANGUAGE REGARDING COMPLIANCE WITH THE INTERNAL REVENUE CODE WAS REVISED. THE PRIOR COLORADO ARTICLES CONTAINED HIGHLY SPECIFIC PROVISIONS PROHIBITING ACTIVITIES THAT WOULD GIVE RISE TO PRIVATE FOUNDATION EXCISE TAXES UNDER IRC SECTIONS 4941, 4942, 4943, 4944, AND 4945. THE NEW SOUTH DAKOTA ARTICLES CONTAIN MORE GENERAL PROHIBITIONS ON PRIVATE INUREMENT AND POLITICAL ACTIVITIES BUT DO NOT INCLUDE THIS SPECIFIC, DETAILED LIST OF PRIVATE FOUNDATION RESTRICTIONS. UPDATED DIRECTOR LIABILITY PROVISIONS: THE CLAUSE REGARDING THE PERSONAL LIABILITY OF DIRECTORS WAS CHANGED. THE PRIOR COLORADO ARTICLES PROVIDED A DETAILED LIMITATION ON DIRECTOR LIABILITY WHILE ALSO LISTING SPECIFIC STATUTORY EXCEPTIONS. THE NEW SOUTH DAKOTA ARTICLES CONTAIN A MORE GENERAL "EXONERATION FROM PERSONAL LIABILITY" CLAUSE, STATING THAT DIRECTORS SHALL NOT BE LIABLE FOR THE CORPORATION'S OBLIGATIONS AS PERMITTED BY LAW. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS PREPARED BY A LICENSED CPA. A COPY OF THE FORM 990 IS PROVIDED TO AND REVIEWED BY THE BOARD AND EXECUTIVE DIRECTOR PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | IF ANY PERSON WHO IS A DIRECTOR OR OFFICER OF THE CORPORATION IS AWARE THAT THE CORPORATION IS ABOUT TO ENTER INTO ANY BUSINESS TRANSACTION DIRECTLY OR INDIRECTLY WITH SUCH PERSON, ANY MEMBER OF SUCH PERSON'S FAMILY, OR ANY ENTITY IN WHICH SUCH PERSON HAS ANY LEGAL, EQUITABLE OR FIDUCIARY INTEREST OR POSITION, INCLUDING WITHOUT LIMITATION AS A DIRECTOR, OFFICER, SHAREHOLDER, PARTNER BENEFICIARY OR TRUSTEE, SUCH PERSON SHALL:(A) IMMEDIATELY INFORM THOSE CHARGED WITH APPROVING THE TRANSACTION ON BEHALF OF THE CORPORATION OF SUCH PERSON'S INTEREST OR POSITION; (B) AID THE PERSONS CHARGED WITH MAKING THE DECISION BY DISCLOSING ANY MATERIAL FACTS WITHIN SUCH PERSON'S KNOWLEDGE THAT BEAR ON THE ADVISABILITY OF SUCH TRANSACTION FROM THE STANDPOINT OF THE CORPORATION, AND (C) NOT BE ENTITLED TO VOTE ON THE DECISION TO ENTER INTO SUCH TRANSACTION. |
| FORM 990, PAGE 6, PART VI, LINE 15A | AT THIS TIME, THE EXECUTIVE DIRECTOR IS NOT COMPENSATED FOR THEIR WORK. |
| FORM 990, PAGE 6, PART VI, LINE 15B | CURRENTLY THE ORGANIZATION DOES NOT HAVE COMPENSATED EMPLOYEES OR OFFICERS. THERE IS A POLICY IN PLACE IN THE EVENT AN EMPLOYEE WAS HIRED. THE POLICY IS DOCUMENTED AS FOLLOWS: DIRECTORS SHALL NOT RECEIVE COMPENSATION FOR THEIR SERVICES AS SUCH, ALTHOUGH THE REASONABLE EXPENSES OF DIRECTORS FOR ATTENDANCE AT BOARD MEETINGS MAY BE PAID OR REIMBURSED BY THE CORPORATION. DIRECTORS SHALL NOT BE DISQUALIFIED TO RECEIVE REASONABLE COMPENSATION FOR SERVICES RENDERED TO OR FOR THE BENEFIT OF THE CORPORATION IN ANY OTHER CAPACITY. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING AND FINANCIAL DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | REFUNDED SCHOLARSHIP 5,000 |
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| Software Version: |