2025-02-20T23:55:32-05:00 2024-12-31 990EZ 2024-01-01 853044423 Highwood Public School Foundation % Robert Nutt HIGH 4067332300 160 WEST ST S HIGHWOOD MT 59450 ROBERT L NUTT SECRETARY 2025-02-21 2024 2025-03-06 01:10:19Z X N A X X 74175 X 67748 0 0 2145 0 0 0 0 4282 150 4132 0 0 0 74025 4240 0 0 0 0 0 158687 162927 -88902 142090 53188 142090 53188 0 0 0 0 142090 53188 0 0 142090 53188 THE PRIMARY EXEMPT PURPOSE OF THE FOUNDATION IS TO SUPPORT THE PUBLIC SCHOOL OR SCHOOLS IN HIGHWOOD MT AND THE IMPROVEMENT OF THE COMMUNITY OF HIGHWOOD. THE FOUNDATIONS SUPPORT OF THE K-9 HIGHWOOD PUBLIC SCHOOL IS ORGANIZED AROUND FIVE "PILLARS": TECHNOLOGY INCLUDING STEM INSTRUCTION "DISCOVERY GRANTS" REQUESTED BY FACULTY BUILDING AND GROUNDS IMPROVEMENTS ARTS MUSIC SHOP SPEECH DRAMA AND DEBATE AND ATHLETICS UNDER THE DISCOVERY GRANT PILLAR TEACHERS MAKE WRITTEN APPLICATION TO THE FOUNDATION BOARD OF DIRECTORS FOR GRANTS WHICH ARE PAID BY THE FOUNDATION TO THE SCHOOL TO FUND SUPPLEMENTAL CLASSROOM TEACHING MATERIALS OUTSIDE INSTRUCTORS AND OFF-CAMPUS EXPERIENCES. IN 2024 THE FOUNDATION FUNDED SIX DISCOVERY GRANTS TOTALING $4,240. DISCOVERY GRANT FUNDING WAS USED BY TEACHERS A TO REPAIR USICAL INSTRUMENTS OWNED BY THE SCHOOL B TO PAY THE COST OF NEW CLASSROOM MAPS AND C TO PAY A PORTION OF THE REGISTRATION FEES AND TRAVEL COSTS FOR STUDENTS IN THE INTRODUCTION TO AGRICULTURE CLASS TO ATTEND TWO CONFERENCE ON AGRICULTURE LEADERSHIP SKILLS AND CATTLE JUDGING. 4240 4240 IN 2024 THE FOUNDATION PROVIDED MUCH-NEEDED FACULTY HOUSING TO THE HIGHWOOD PUBLIC SCHOOL BY PURCHASING A NEWLY-MANUFACTURED THREE BEDROOM TWO BATH HOUSE AND HAVING THAT HOUSE INSTALLED ON A CONCRETE FOUNDATION ON A SCHOOL-OWNED LOT ADJACENT TO THE SCHOOL. THE FOUNDATION PROVIDED FUNDING SUPERVISED THE PURCHASE AND INSTALLATION AND USING VOLUNTEERS LANDSCAPED THE LOT - MANUFACTURED HOUSE $117,040; CONCRETE AND SITE WORK $32,000; UTILITIES HOOP UP $5,000 AND GUTTERS $2,428 FOR A TOTAL COST OF $157,488. TITLE TO THE FACULTY HOUSE IS HELD BY THE SCHOOL. THE SCHOOL IS RESPONSIBLE FOR ONGOING MAINTENANCE AND INSURANCE AND FOR THE RENTAL OF THE FACULTY HOUSE. THAT HOUSE WAS PROMPTLY UPON ITS COMPLETION OCCUPIED MY A MIDDLE SCHOOL TEACHER . 158687 158687 162927 COLIN LEE PRESIDENT DIRECTOR 2 0 0 0 TAMARIEL CHRISTOPHER TREASURER DIRECTOR 2 0 0 0 ROBERT L NUTT SECRETARY DIRECTOR 4 0 0 0 RYAN BOWMAN DIRECTOR 2 0 0 0 NAN GRANGER DIRECTOR 2 0 0 0 JOHN SCHIPF DIRECTOR 2 0 0 0 JANE SUBERG DIRECTOR 2 0 0 0 BRIANNA BOWMAN SUPERINTENDANT-DIRECTOR 2 0 0 0 X true false false false false 0 false true 21000 false false ROBERT L NUTT 1075 LACEY ROAD HIGHWOOD MT 594508610 4007332300 false false false false false false false false false false NONE NONE true X 0 33374 11685 5275 22029 72363 0 0 0 0 0 0 0 0 0 0 0 0 0 33374 11685 5275 22029 72363 10000 62363 0 0 0 1729 2145 3874 0 0 0 0 0 0 0 0 0 0 0 0 76237 0 X Part II - Line 10 | Year:, Amount:, Description:| 2020, 0, | 2021, 0| 2022, 0| 2023, 0| 2024, 0| Part II Line 1 Unusual Grant: Harrison Family Foundation - Restricted to Facuty Housing 12 12 2024 $50,000 Part II Line 5 Identification of Excess Contributions Included on Part II Line 5 3Rivers Communications total 5000 ,excesss 3489; Ag West Financial 3000 excess1490 and Spring Coulee Ranch total 2000 excess 498total RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED nan granger director faculty housing X 5000 0 false true true robert nutt director faculty housing X 5000 0 false true true John Schipf director faculty housing X 8000 0 false true true jane suberg director faculty housing X 3000 0 false true true 0 Part I, line 10 | Grants And Similar Amounts Paid:, Amount:| See Schedule O and Part III Line 28 for a description of the Discovery Grants., $4240| Part I, line 16 | Other Expenses:, Amount:| See Schedule O and Part III Line 29 for a description of Faculty housing expenses., $157188| As described in Part V Line 38a and in Schedfule L the Foundation paid $1,499 in interest on Faculty Housing-related loans., $1499| Part II, line 24 | Explanation:, BOYAmount:, EOYAmount:| The Foundation has no assets other than bank balances., $0, $0| Part II, line 26 | Explanation:, BOYAmount:, EOYAmount:| The Foundation has no liabilities., $0, $0| Part V, line 33 | Explanation:| As described elsewhere in Schedule O under Faculty Housing the Foundation purchased a manufactured home installed that home on a lot owned by the Highwood Public School arranged for the site foundation and utilities work and caused title to the faculty house to be taken by the School.| Part I, Line 4 | Explanation:| INVESTMENT INCOME AMOUNT $2,145. THE FOUNDATION INVESTED A PORTION OF ITS LIQUID FUNDS IN BANK-ISSUED CERTIFICATES OF DEPOSIT. Part V, General | Explanation:| INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS: THE FOUNDATION DID NOT DURING THE YEAR RECEIVE FUNDS DIRECTLY OR INDIRECTLY TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE FOUNDATION DID NOT DURING THE YEAR PAY PREMIUMS DIRECTLY OR INDIRECTLY ON ANY PERSONAL BENEFIT CONTRACT. Part I, Line 10 | Explanation:| As described in Part III Line 28 Discovery Grants made in 2024 were $4,240. Part I, Line 16 | Explanation:| As described in Part II Line 29 Faculty Housing expenses totaled $157,188. Interest paid on Faculty Housing-related loans totaled $1,499. Part I, General | Explanation:| Identification of Unusual Grant: Harrison Family Foundation 12 12 2024 Grant Restricted to Faculty Housing $50,000. Part I, General | Explanation:| Schedule L: Loans made to the Foundation to enable Faculty Housing. The Foundation sought to provide to the School prior to the beginning of the 2024-25 school year housing for faculty. When in the spring of 2024 purchasing decisions had to b made funds on hand were not sufficient to cover the budgeted project costs but the Foundation was confident that additional sufficient funding could be raised during the course of the year. The Foundation approached a number of community members and asked if they would make a short term unsecured loan to the Foundation on standard bank documentation and at the Treasury Regulations prescribed interest rate. Thirteen community members including four directors agreed to make such loans. The aggregate principal amount of all such loans was $50,000. The principal amounts of such loans ranged from $3,000 to $8,000. The loans were made to the Foundation in May 2024; all loans were repaid by the Foundation with interest aggregating $1,499 on or about December 21 2024.