2024-10-30T10:13:34-05:00 2023-12-31 341874260 CBIZ ADVISORS LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2023-01-01 436457431 THE AMERICAN ROYAL ASSOCIATION CHARITABLE FOUNDATION TRUST AMER 8162219800 1701 AMERICAN ROYAL COURT KANSAS CITY MO 64102 JACKIE MCCLASKEY PRESIDENT & CEO 8162219800 2024-10-28 1 1 LISA BURKE P00220718 8169455500 2024-10-28 2023 2024-10-15 13:58:12Z JACKIE MCCLASKEY 1701 AMERICAN ROYAL COURT KANSAS CITY MO 64102 1040284 0 X WWW.AMERICANROYAL.COM X 1993 MO SUPPORT ARA PROGRAMS THAT PROMOTE AWARENESS OF KANSAS CITY'S STRONG AGRICULTURAL HERITAGE 6 5 0 5 0 0 0 0 0 0 68190 166277 0 0 68190 166277 20192 65091 0 0 0 0 0 0 0 11542 19219 31734 84310 36456 81967 1925912 2145902 0 0 1925912 2145902 TO SUPPORT THE ACTIVITIES OF THE AMERICAN ROYAL ASSOCIATION, A NON-PROFIT ORGANIZATION DEDICATED TO PROMOTING THE AWARENESS OF KANSAS CITY'S STRONG AGRICULTURAL HERITAGE. 0 0 65091 65091 TO SUPPORT THE ACTIVITIES OF THE AMERICAN ROYAL ASSOCIATION, A NON-PROFIT ORGANIZATION DEDICATED TO PROMOTING THE AWARENESS OF KANSAS CITY'S STRONG AGRICULTURAL HERITAGE THROUGH EDUCATION, EVENTS, AND ENGAGEMENT. 65091 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MO X TIM CARROLL 8162219800 1701 AMERICAN ROYAL COURT KANSAS CITY MO 64102 JACKIE MCCLASKEY PRESIDENT & CEO 1.00 40.00 X X 0 230680 29361 GORDON LANSFORD TRUSTEE 1.00 1.00 X 0 0 0 JOHN MITCHELL JR TRUSTEE 1.00 1.00 X 0 0 0 ANGIE STANLAND TRUSTEE 1.00 1.00 X 0 0 0 CHARLIE TETRICK TRUSTEE 1.00 1.00 X 0 0 0 NANCY WILKERSON TRUSTEE 1.00 0.00 X 0 0 0 TIM CARROLL CFO 1.00 40.00 X 0 153150 21969 0 383830 51330 0 0 1 0 0 52472 52472 987812 874007 113805 113805 113805 166277 0 0 166277 65091 65091 19219 19219 84310 65091 19219 0 1925912 2145902 1925912 2145902 0 0 X 1925912 2145902 1925912 2145902 1925912 2145902 81967 138023 0 X X 0 1 X 1 0 X X 1 AMERICAN ROYAL ASSOCIATION INC 440615551 7 1 65091 0 1 65091 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1925912 304300 65091 19219 2145902 2169050 -211404 20192 11542 1925912 2164899 32306 28155 2169050 1580896 611365 22162 5200 2164899 1738415 -132781 20164 4574 1580896 1.00000 0.00000 0.00000 0 0 0 X 24088124 138023 24088124 24226147 -138023 19219 285081 304300 166277 9293915 9293915 9293915 0 19219 65091 84310 84310 PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO SUPPORT THE MISSION OF THE FOUNDATION'S SUPPORTED ORGANIZATION, AMERICAN ROYAL ASSOCIATION, INC. PART X, LINE 2: THE ASSOCIATION AND FOUNDATION ARE NONPROFIT EDUCATIONAL AND CHARITABLE ORGANIZATIONS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND A SIMILAR PROVISION OF STATE LAW. THE ASSOCIATION QUALIFIES FOR THE MAXIMUM CHARITABLE CONTRIBUTION LIMITATION AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION SINCE IT HAS BEEN DETERMINED TO BE A PUBLICLY SUPPORTED ORGANIZATION, AS DESCRIBED IN 509(A)(2) OF THE CODE. THE FOUNDATION QUALIFIED FOR THE MAXIMUM CHARITABLE CONTRIBUTION LIMITATION AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION BECAUSE IT HAS BEEN DETERMINED TO BE A SUPPORTING ORGANIZATION OF THE ASSOCIATION, AS DESCRIBED IN SECTION 509(A)(3) OF THE CODE. HOWEVER, THE ASSOCIATION AND FOUNDATION ARE SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. IN ADDITION, THE ORGANIZATIONS DID NOT HAVE ANY UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2023. THE ORGANIZATIONS ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: AMERICAN ROYAL ASSOCIATION INCOME 24,088,124. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME REPORTED AS A CHANGE IN NET ASSETS IN FINANCIAL STATEMENTS 219,990. INTERCOMPANY GRANT NET WITH INVESTMENT INCOME IN FINANCIAL STATEMENTS 65,091. PART XII, LINE 2D - OTHER ADJUSTMENTS: AMERICAN ROYAL ASSOCIATION EXPENSES 9,293,915. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY GRANT ELIMINATED IN CONSOLIDATED FINANCIAL STATEMENTS 65,091. 1 AMERICAN ROYAL ASSOCIATION INC 1701 AMERICAN ROYAL CT KANSAS CITY MO 64102 440615551 501(C)(3) 65091 0 N/A N/A FOOD AND AGRICULTURE EDUCATION, EVENTS, AND ENGAGEMENT 1 PART I, LINE 2: AMERICAN ROYAL ASSOCIATION, INC., A RELATED ORGANIZATION AND SUPPORTED ORGANIZATION OF THE FOUNDATION, IS THE SOLE GRANTEE. THE USE OF GRANT FUNDS IS MONITORED THROUGH OVERLAP OF THE ORGANIZATIONS GOVERNING BODIES. 0 0 0 0 0 0 0 0 0 JACKIE MCCLASKEY PRESIDENT & CEO 0 230680 0 0 0 0 0 20767 0 8594 0 260041 0 0 TIM CARROLL CFO 0 153150 0 0 0 0 0 13783 0 8186 0 175119 0 0 SCHEDULE J, PART I, LINE 3: COMPENSATION FOR THE PRESIDENT & CEO IS PROVIDED BY AMERICAN ROYAL ASSOCIATION, A RELATED ENTITY. AMERICAN ROYAL ASSOCIATION REQUIRES APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO ESTABLISH COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6 THE AMERICAN ROYAL ASSOCIATION, A RELATED 501(C)(3) ORGANIZATION, IS THE GRANTOR OF THE AMERICAN ROYAL ASSOCIATION CHARITABLE FOUNDATION TRUST. FORM 990, PART VI, SECTION A, LINE 7A THE AMERICAN ROYAL ASSOCIATION (ARA), AS GRANTOR, HAS THE RIGHT TO APPOINT THE CURRENT CHAIRMAN OF THE BOARD OF DIRECTORS OF ARA AND THE FOUR MOST IMMEDIATE PAST CHAIRMAN OF THE BOARD OF DIRECTORS OF ARA, EACH OF WHOM ARE ALSO AN OFFICER, DIRECTOR, OR GOVERNOR OF ARA, TO THE BOARD OF TRUSTEES OF THE AMERICAN ROYAL ASSOCIATION CHARITABLE FOUNDATION TRUST (FOUNDATION). THE PRESIDENT OF BOTAR, AN UNRELATED NON-PROFIT, 501(C)(3) ORGANIZATION, IS A TRUSTEE OF THE FOUNDATION. IF THE PRESIDENT OF BOTAR IS VACANT, ARA WILL APPOINT AN INDIVIDUAL TO SERVE AS INTERIM TRUSTEE. FORM 990, PART VI, SECTION A, LINE 7B THE AMERICAN ROYAL ASSOCIATION, AS GRANTOR, HAS THE RIGHT TO APPOINT INDIVIDUALS TO OR REMOVE THEM FROM THE BOARD OF TRUSTEES OF THE AMERICAN ROYAL ASSOCIATION CHARITABLE FOUNDATION TRUST. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS FORM 990. FORM 990 IS THEN REVIEWED BY THE FOUNDATION TRUSTEES AND THE AMERICAN ROYAL ASSOCIATION'S PRESIDENT & CEO AND CONTROLLER. ANY QUESTIONS OR CONCERNS ARE ADDRESSED AND CORRECTIONS MADE, AS NECESSARY. THE FINAL FORM 990 WITH ALL REQUIRED SCHEDULES IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND BOARD MEMBERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY POSSIBLE CONFLICTS, AND ACKNOWLEDGE BY HIS OR HER SIGNATURE. ALL POSSIBLE CONFLICTS ARE REVIEWED AND ANY MEMBERS WITH ACTUAL OR POTENTIAL CONFLICTS ARE REQUIRED TO REFRAIN FROM VOTING ON RECOMMENDATIONS, TRANSACTIONS, OR ACTIONS AND SHALL RECUSE THEMSELVES AND LEAVE THE MEETING ROOM AT THE TIME OF A VOTE RELATED TO SUCH RECOMMENDATIONS OR TRANSACTIONS. ALL TRANSACTIONS ARE CONDUCTED AT ARM'S LENGTH. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE FOUNDATION IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF AMERICAN ROYAL ASSOCIATION, INC. (ARA). ARA'S FINANCE AND AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. AMERICAN ROYAL ASSOCIATION INC 1701 AMERICAN ROYAL COURT KANSAS CITY MO 64102 440615551 AGRICULTURE PROMOTION MO 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0