Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 07-01-2024 , and ending 06-30-2025
Name of foundation
THE ALLEMALL FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)117 WEST PATRICK STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FREDERICK, MD21701
A Employer identification number

20-0514500
B Telephone number (see instructions)

(301) 694-8444
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$44,424,985J Accounting method:
MODIFIED CASH
(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) 804,674
2 Check right arrow.............
3 Interest on savings and temporary cash investments 213,859 213,859 213,859
4 Dividends and interest from securities... 134,398 134,398 134,398
5a Gross rents............ 126,254 126,254 126,254
b Net rental income or (loss) -50,531
6a Net gain or (loss) from sale of assets not on line 10 869,598
b Gross sales price for all assets on line 6a 5,139,824
7 Capital gain net income (from Part IV, line 2)... 869,598
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
688,017 626,121 688,017
12 Total. Add lines 1 through 11........ 2,836,800 1,970,230 1,162,528
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
32,121     32,121
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
95,454 88,697 32,951 6,757
17 Interest............... 21,597 21,597 21,597  
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
130,667 44,267 44,234  
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
41,480 41,480 41,480
20 Occupancy..............        
21 Travel, conferences, and meetings....... 170     170
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
82,871 36,523 36,523 46,348
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 404,360 232,564 176,785 85,396
25 Contributions, gifts, grants paid....... 10,500 10,500
26 Total expenses and disbursements. Add lines 24 and 25 414,860 232,564 176,785 95,896
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,421,940
b Net investment income (if negative, enter -0-) 1,737,666
c Adjusted net income (if negative, enter -0-)... 985,743
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............. 160,075 291,486 291,486
2 Savings and temporary cash investments......... 8,618,043 11,164,051 11,164,051
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 arrow4,168,900
Less: allowance for doubtful accounts right arrow   4,951,087 Click to see attachment
List of Attached Documents:
// Content
4,168,900 		4,168,900
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 765,632    
b Investments—corporate stock (attach schedule)....... 1,503,986 Click to see attachment
List of Attached Documents:
// Content
3,203,860 		3,587,536
c Investments—corporate bonds (attach schedule)....... 1,145,821 Click to see attachment
List of Attached Documents:
// Content
858,229 		886,317
11 Investments—land, buildings, and equipment: basis right arrow3,621,907
Less: accumulated depreciation (attach schedule) right arrow1,032,641 2,941,498 Click to see attachment
List of Attached Documents:
// Content
2,589,266 		4,817,576
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,786,739 Click to see attachment
List of Attached Documents:
// Content
2,385,399 		6,041,574
14 Land, buildings, and equipment: basis right arrow11,253,315
Less: accumulated depreciation (attach schedule) right arrow342,764 10,922,324 Click to see attachment
List of Attached Documents:
// Content
10,910,551 		13,450,771
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,427 		Click to see attachment
List of Attached Documents:
// Content
16,774 		Click to see attachment
List of Attached Documents:
// Content
16,774
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 32,797,632 35,588,516 44,424,985
Liabilities 17 Accounts payable and accrued expenses.......... 2,700  
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 1,461,454 Click to see attachment
List of Attached Documents:
// Content
1,415,639
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
654,054 		Click to see attachment
List of Attached Documents:
// Content
1,071,211
23 Total liabilities (add lines 17 through 22)......... 2,118,208 2,486,850
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........... 30,679,424 33,101,666
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 30,679,424 33,101,666
30 Total liabilities and net assets/fund balances (see instructions). 32,797,632 35,588,516
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
30,679,424
2
Enter amount from Part I, line 27a .....................
2
2,421,940
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
302
4
Add lines 1, 2, and 3 ..........................
4
33,101,666
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
33,101,666
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 SALE OF SECURITIES P    
b SALE OF BURGER KING PROPERTY P    
c EAST SIDE ACRES MEMBERSHIP CHANGE P    
d SALE OF WHITEHORSE MEMBER INTEREST P    
e
(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 3,942,582   3,866,774 75,808
b 1,096,920   312,860 784,060
c     22,750 -22,750
d 100,000   67,842 32,158
e
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       75,808
b       784,060
c       -22,750
d       32,158
e
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 2 869,598
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 24,154
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 24,154
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 24,154
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 96,391
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 96,391
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 72,237
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow72,237 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMD
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
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 arrowEDWARD SCOTT Telephone no.right arrow (301) 694-8444

Located atright arrow117 WEST PATRICK STREETFREDERICKMD ZIP+4right arrow21701
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
 
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
EDWARD SCOTT CHAIRMAN
30.00 		0 0 0
6224 NEW LONDON ROAD
NEW MARKET,MD21774
CATHERINE D SCOTT SECRETARY
10.00 		0 0 0
3010 SOUTH KANNER HIGHWAY
STUART,FL34994
JULIA SOISTMAN PRESIDENT
20.00 		0 0 0
8798 SE RIVERFRONT TERRACE
TEQUESTA,FL33469
KRISTEN PROCTER DIRECTOR
10.00 		0 0 0
950 BLACK POINT CLOSE
SEA RANCH,CA95497
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  
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 BIG HOLE RIVER PROJECT PURCHASED 350 ACRES OF LAND IN WISE RIVER MONTANA TO PUT INTO CONSERVATION EASEMENT AND REESTABLISH NATIVE PLANTS AND ANIMALS TO CLEAN UP THE BIG HOLE RIVER AND ENCOURAGE FISHERY STOCK. A BEAVER COUPLE AND BABIES HAVE BEEN TRANSPLANTED TO THE RIVER BANK TO ENCOURAGE DAMMING WHICH WILL SUSTAIN THE RIVER NATURALLY AND KEEP PLANTS IN AND AROUND THE HABITAT HYDRATED. 20,083
2 RYDEN PRESERVE PROJECT 400 ACRES OF LAND PURCHASED IN HILO HAWAII WHICH INCLUDES A BEAUTIFUL NATURAL SPRING AND SOME HARDWOOD FOREST INCLUDING KINA TREES. THE LAND HAS BEEN PUT UNDER CONSERVATION EASEMENT. SOME OF THE LAND WAS USED FOR SUGAR CANE FIELDS AND THOSE AREAS ARE BEING REFORESTED. THE SPRING SHORES WILL BE CLEANED P AND NATIVE PLANTS WILL BE PLANTED TO PRESERVE THE SPRING FOR WILDLIFE AND FISHERY STOCK. 7,076
3 NEW WINDSOR MARYLAND PROJECT THIS FARM IS IN CONSERVATION AND IS CURRENTLY BEING REFORESTED WITH HARDWOOD TREES. 21,503
4 OTHER CONSERVATION PROJECTS BURGAW NC, GIVHANS SC, SAN MARCOS FOOTHILLS, SANTA BARBARA CA, YUCCA VALLEY CA - ONGOING OWNERSHIP AND PROJECTS TO CONSERVE PROPERTIES AND RECONNECT THEM TO WETLANDS AND WILDLIFE CORRIDORS. 86,294
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.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
4,584,726
b
Average of monthly cash balances.......................
1b
9,221,360
c
Fair market value of all other assets (see instructions)................
1c
29,918,726
d
Total (add lines 1a, b, and c).........................
1d
43,724,812
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
1,415,639
3
Subtract line 2 from line 1d.........................
3
42,309,173
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
634,638
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
41,674,535
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,083,727
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
95,896
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
95,896
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 95,896
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus 95,896
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 95,896
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
2020-11-10
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
985,743 816,028 1,664,007 1,086,836 4,552,614
b 85% (0.85) of line 2a ......... 837,882 693,624 1,414,406 923,811 3,869,723
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		95,896 3,948,567 144,839 5,209,278 9,398,580
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		10,500 19,350 32,500 32,500 94,850
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		85,396 3,929,217 112,339 5,176,778 9,303,730
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 .. 		1,389,151 1,250,123 1,109,338 724,557 4,473,169
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).)
EDWARD D SCOTT
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN CONSERVATION FILM FESTIVAL

PO BOX 889
SHEPHERDSTOWN,WV25443 		NONE 501C3 PROGRAM SUPPORT 2,500

WISE RIVER VOLUNTEER FIRE DEPT

PO BOX 143
WISE RIVER,MT59762 		NONE 501C3 PROGRAM SUPPORT 500

RIDE ALLEGHENY

40110 QUAILRUN COURT
LOVETTSVILLE,VA20180 		NONE 501C3 OPERATION 2ND CHANCE 1,000

CHARLESTON SOUTHERN UNIVERSITY

9200 UNIVERSITY BLVD
CHARLESTON,SC29406 		NONE 501C3 SCHOLARSHIP 1,500

MARQUETTE UNIVERSITY

1250 WEST WISCONSIN AVENU
MILWAUKEE,WI53233 		NONE 501C3 SCHOLARSHIP 1,000

FROSTBURG STATE UNIVERSITY

101 BRADDOCK ROAD
FROSTBURG,MD21532 		NONE GOVERNMENT SCHOLARSHIP 2,000

CLARK UNIVERSITY

950 MAIN STREET
WORCESTER,MA01610 		NONE 501C3 SCHOLARSHIP 1,500

MCDANIEL COLLEGE

2 COLLEGE HILL
WESTMINSTER,MD21157 		NONE 501C3 SCHOLARSHIP 500
Total .................................right arrow 3a 10,500
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
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 ........... 		    14 213,859  
4 Dividends and interest from securities ....     14 134,398  
5 Net rental income or (loss) from real estate:
aDebt-financed property......     35 -136,624  
bNot debt-financed property.....     16 86,093  
6 Net rental income or (loss) from personal property          
7 Other investment income .....         257,614
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 869,598  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aALTUS PANTOPS 250 LLC 		        17,615
bBALLENGER CREEK PHARMACY LL         23,169
cBELLEFONTE HOLDINGS LLC         -38,358
dFREDERICK INVESTMENT GRP II         87,212
eHANOVER OFFICE LLC         -13,261
fRIVERSIDE BRICKWORKS LLC         136,771
gSCP-EBC LLC         31,744
hSUNSET REAL ESTATE LLC         71,778
iWESTVIEW OFFICE LLC     35 6,194  
jWHITEHORSE I         45,643
kREIMBURSEMENT OF PY EXPENSE     1 61,896  
12 Subtotal. Add columns (b), (d), and (e) ..   1,235,414 619,927
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,855,341
(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.)
11A 1-PROVIDE EDUCATION & HEALTH ASSIST. TO INDIGENT CHILDREN 2-PROMOTE SUSTAINABLE & ENVIRONMENTAL FRIENDLY FOOD PRODUCTION & HOUSING ALTERNATIVES 3-PROMOTE WILDLIFE & NATURE CONSERVATION & BALANCED ECOLOGY 4-PROVIDE SCHOLARSHIPS TO NEEDY CHILDREN HAVING A KEEN INTEREST IN EDUCATION RELATED TO ZOOLOGY, BOTANY, ENVIRONMENTAL, ECOLOGICAL, & NATURE CONSERVATION, WHICH FIELDS ARE DIRECTLY RELATED TO OUR EXEMPT PURPOSE.
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
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

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

20-0514500
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE ALLEMALL FOUNDATION INC
  		Employer identification number
20-0514500
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
DELPHIA CHARITABLE TRUST
117 WEST PATRICK STREET
 
FREDERICK, MD21701

$ 178,200


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
EDWARD AND CATHERINE SCOTT
117 WEST PATRICK STREET
 
FREDERICK, MD21701

$ 626,474


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE ALLEMALL FOUNDATION INC
  		Employer identification number

20-0514500
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE ALLEMALL FOUNDATION INC
  		Employer identification number

20-0514500
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOUNDATION BOOKKEEPING AND TAX S 32,121     32,121

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

TY 2024 AmortizationSchedule
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
LOAN FEES - REVERE 2017-06-01 8,314 5,887 10.0000 831 831 831 6,718

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

TY 2024 DepreciationSchedule
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
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
BUILDING 2008-05-15 426,998 170,614 S/L 39.0000 10,949 10,949 10,949  
LAND 2008-05-15 106,749              
BUILDING 2017-01-01 834,152 683,629 S/L 39.0000 21,389 21,389 21,389  
LAND 2017-01-01 174,765              
BUILDING 2005-01-01 275,662 126,047 S/L 39.0000 7,069 7,069 7,069  
LAND 2005-01-01 68,915              
DEPRECIATION           2,073 2,073 2,073  
LAND - GILLIGAN LLC 2024-01-01 1,500,000              

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Name of Bond End of Year Book Value End of Year Fair Market Value
CHARLES SCHWAB    
SANDY SPRINGS WEALTH MANAGEMENT    
FIRST UNITED BANK & TRUST 858,229 886,317

TY 2024 InvestmentsCorpStockSchedule
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Name of Stock End of Year Book Value End of Year Fair Market Value
CHARLES SCHWAB    
FIRST UNITED BANK & TRUST 1,059,924 1,366,333
SANDY SPRINGS WEALTH MANAGEMENT 194,499 98,754
TRUISIT WEALTH MANAGEMENT 1,949,437 2,122,449

TY 2024 InvestmentsLandSchedule2
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND 2,031,062   2,031,062 2,504,598
BUILDINGS 1,573,827 1,028,199 545,628 2,300,402
EQUIPMENT 17,018 4,442 12,576 12,576

TY 2024 InvestmentsOtherSchedule2
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
PTP - ENERGY TRANSFER PARTNERS AT COST 24,810 32,634
25% HANOVER OFFICE LLC AT COST 107,789 800,000
20% ALTUS PANTOPS 250 LLC AT COST 28,489 600,000
49% BALLENGER CREEK AT COST 81,496 700,000
99% DAN JAY AT COST 810,379 500,000
35% SCP-EBC LLC AT COST 47,622 300,000
84.58% RIVERSIDE BRICKWORKS LLC AT COST 813,760 2,000,000
99% SUNSET REAL ESTATE LLC AT COST 447,161 302,940
5% WHITEHORSE I LLC AT COST    
5% WESTVIEW OFFICE AT COST 23,893 106,000
36% FREDERICK INVESTMENT GROUP AT COST   700,000

TY 2024 LandEtcSchedule2
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDINGS 651,966 266,764 385,202 482,225
MACHINERY & EQUIPMENT 76,000 76,000   107,267
LAND 10,525,349   10,525,349 12,861,279


TY 2024 MortgagesAndNotesPayableSch
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Total Mortgage Amount:  

Item No. 1
Lender's Name SANDY SPRING BANK
Lender's Title  
Relationship to Insider  
Original Amount of Loan  
Balance Due 315,499
Date of Note  
Maturity Date  
Repayment Terms  
Interest Rate  
Security Provided by Borrower  
Purpose of Loan  
Description of Lender Consideration  
Consideration FMV  

Item No. 2
Lender's Name JUSTINE INVESTMENTS
Lender's Title  
Relationship to Insider RELATED PARTY
Original Amount of Loan 961,695
Balance Due 1,090,140
Date of Note 2018-12
Maturity Date  
Repayment Terms DUE ON DEMAND
Interest Rate  
Security Provided by Borrower NONE
Purpose of Loan PURCHASE REAL ESTATE
Description of Lender Consideration  
Consideration FMV  

Item No. 3
Lender's Name LOAN PAYABLE - TERRA BIG HOLE
Lender's Title  
Relationship to Insider RELATED PARTY
Original Amount of Loan 10,000
Balance Due 10,000
Date of Note 2024-10
Maturity Date  
Repayment Terms  
Interest Rate  
Security Provided by Borrower  
Purpose of Loan  
Description of Lender Consideration  
Consideration FMV  


TY 2024 OtherAssetsSchedule
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
LOAN FESS, NET OF AMORTIZATION 2,427 1,596 1,596
OTHER RECEIVABLES   15,178 15,178


TY 2024 OtherExpensesSchedule
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DEVELAND FT. WALTON BEACH        
OTHER EXPENSES 6,155 6,155 6,155  
VALLEY CARLISLE PA, LLC        
OTHER EXPENSES 23,657 23,657 23,657  
LOMBARD ROCKET, LLC        
OTHER EXPENSES 4,738 4,738 4,738  
GILLIGAN, LLC        
OTHER EXPENSES 1,142 1,142 1,142  
EXPENSES        
BANK FEES 72     72
CONSERVATION PROPERTY EXPENSE 43,097     43,097
OFFICE EXPENSE 3,179     3,179


TY 2024 OtherIncomeSchedule2
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
RELATED PARTY LOAN INTEREST 257,614 257,614 257,614
ALTUS PANTOPS 250 LLC 17,615 17,615 17,615
BALLENGER CREEK PHARMACY LLC 23,169 23,169 23,169
BELLEFONTE HOLDINGS LLC -38,358 -38,358 -38,358
FREDERICK INVESTMENT GRP III 87,212 87,212 87,212
HANOVER OFFICE LLC -13,261 -13,261 -13,261
RIVERSIDE BRICKWORKS LLC 136,771 136,771 136,771
SCP-EBC LLC 31,744 31,744 31,744
SUNSET REAL ESTATE LLC 71,778 71,778 71,778
WESTVIEW OFFICE LLC 6,194 6,194 6,194
WHITEHORSE I 45,643 45,643 45,643
REIMBURSEMENT OF PY EXPENSES 61,896   61,896


TY 2024 OtherIncreasesSchedule
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Description Amount
PRIOR YEAR CORRECTION 302


TY 2024 OtherLiabilitiesSchedule
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Description Beginning of Year - Book Value End of Year - Book Value
SECURITY DEPOSITS   500
OTHER DEPOSITS   500
DUE TO RELATED PARTIES 435,528 881,339
36% FREDERICK INVESTMENTS GROUP 108,370 67,373
49% BELLEFONTE HOLDINGS 110,156 121,499


TY 2024 OtherNotesLoansRcvblShortSch2
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Name of 501(c)(3) Organization Balance Due
RELATED PARTY LOANS
  		4,168,900


TY 2024 OtherProfessionalFeesSchedule
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNT ADMINISTRATOR FEES 24,323 24,323    
BROKER FEES 31,423 31,423    
CONSULTING SERVICES 6,757     6,757
VALLEY CARLISLE PA, LLC 31,601 31,601 31,601  
LOMBARD ROCKET, LLC 1,350 1,350 1,350  


TY 2024 TaxesSchedule
Name:
THE ALLEMALL FOUNDATION INC
EIN:
20-0514500
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT REAL ESTATE TAXES        
FEDERAL EXCISE TAX 86,400      
FOREIGN TAX EXPENSE 33 33    
VALLEY CARLISLE PA, LLC 37,854 37,854 37,854  
LOMBARD ROCKET, LLC 3,210 3,210 41,064  
GILLIGAN, LLC 3,170 3,170 44,234