Form990-PF
: CHANGE OF ACCOUNTING PERIOD: REVENUE PROCEDURE 85-58 RULES APPLY

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 12-31-2024
Name of foundation
BENDON FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)10801 W CHARLESTON BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89135
A Employer identification number

65-0631534
B Telephone number (see instructions)

(808) 214-4596
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$10,601,416J 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 right arrow.............
3 Interest on savings and temporary cash investments 410 410  
4 Dividends and interest from securities... 157,665 157,665  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 245,823
b Gross sales price for all assets on line 6a 2,397,632
7 Capital gain net income (from Part IV, line 2)... 245,823
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).......      
12 Total. Add lines 1 through 11........ 403,898 403,898  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 32,909 0   32,909
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
3,000 0   3,000
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
35,961 35,702   259
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
11,680 1,514   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
7 0   7
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 83,557 37,216   36,175
25 Contributions, gifts, grants paid....... 224,700 224,700
26 Total expenses and disbursements. Add lines 24 and 25 308,257 37,216   260,875
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 95,641
b Net investment income (if negative, enter -0-) 366,682
c Adjusted net income (if negative, enter -0-)...  
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............. 85,554 151,152 151,152
2 Savings and temporary cash investments.........      
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 arrow  
Less: allowance for doubtful accounts right arrow        
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)....... 9,269,896 Click to see attachment
List of Attached Documents:
// Content
9,303,117 		10,450,264
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,355,450 9,454,269 10,601,416
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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...........    
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........ 9,355,450 9,454,269
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 9,355,450 9,454,269
30 Total liabilities and net assets/fund balances (see instructions). 9,355,450 9,454,269
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
9,355,450
2
Enter amount from Part I, line 27a .....................
2
95,641
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3,178
4
Add lines 1, 2, and 3 ..........................
4
9,454,269
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,454,269
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 PUBLICLY TRADED SECURITIES P    
b   P    
c
d
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 2,397,632   2,151,809 245,823
b       0
c
d
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       245,823
b       0
c
d
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 2 245,823
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 5,097
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 0
3 Add lines 1 and 2........................... 3 5,097
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,097
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 5,460
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,460
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 10 363
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11 363
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
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
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 arrowHI
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
 
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 addressright arrowN/A
14
The books are in care ofright arrowMAUI SMALL BUSINESS SOLUTIONS Telephone no.right arrow (808) 446-4970

Located atright arrow547 AKOLEA PLACEWAILUKUHI ZIP+4right arrow96793
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
 
No
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
KRISTI BENDON MANAGING DIRECTOR
24.00 		0 0 0
181 MAKAHIKI ST
PAIA,HI96779
JAMES A BENDON PRESIDENT
2.00 		0 0 0
181 MAKAHIKI ST
PAIA,HI96779
SUSAN K BENDON VICE PRESIDENT
40.00 		0 0 0
181 MAKAHIKI ST
PAIA,HI96779
JOHN JAMES BENDON DIRECTOR
2.00 		0 0 0
181 MAKAHIKI ST
PAIA,HI96779
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 0
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 arrow0
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  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
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
10,342,564
b
Average of monthly cash balances.......................
1b
109,538
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
10,452,102
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
10,452,102
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
156,782
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
10,295,320
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
259,494
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
259,494
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
5,097
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,097
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
254,397
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
254,397
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
254,397
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
260,875
b
Program-related investments—total from Part VIII-B..................
1b
0
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
260,875
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 7 254,397
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 119,687
b Total for prior years:20 , 20, 20 0
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 ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 260,875
a Applied to 2023, but not more than line 2a 119,687
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 141,188
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
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...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		113,209
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) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
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
 
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
         
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, 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 .. 		         
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 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

AHA KUKUI O MOLOKAI

PO BOX 391
HOOLEHUEA,HI96729 		NONE PC FOR ORGANIZATIONAL GENERAL PURPOSES 2,000

ALEXANDER ACADEMY OF PERFORMING ARTS

PO BOX 1291
KULA,HI96790 		NONE PC TUITION ASSISTANCE PROGRAM 3,000

FEED MY SHEEP

PO BOX 847
PUUENENE,HI96784 		NONE PC FOR ORGANIZATIONAL GENERAL PURPOSES 5,000

FRIENDS OF MAUI WAENA INTERMEDIATE SCHOOL

795 ONEHEE AVE
KAHULUI,HI96732 		NONE PC FOR ORGANIZATIONAL GENERAL PURPOSES 15,000

FRIENDS OF THE CHILDREN'S JUSTICE CENTER

2103 WELLS S STE 101
WAILUKU,HI96793 		NONE PC FOR ORGANIZATIONAL GENERAL PURPOSES 3,000

HALE KAU KAU

25 W LIPOA ST
KIHEI,HI96753 		NONE PC FOR NEW KITCHEN EQUIPMENT 19,500

HO'OLA NA PUA

PO BOX 22551
HONOLULU,HI96823 		NONE PC TO SUPPORT EQUINE THERAPY PROGRAM 15,000

IMUA FAMILY SERVICES

161 S WAKEA AVE
KAHULUI,HI96732 		NONE PC FOR ORGANIZATIONAL GENERAL PURPOSES 20,000

LA'AKEA VILLAGE

PO BOX 790994
WAILUKU,HI96779 		NONE PC FOR ORGANIZATIONAL GENERAL PURPOSES 7,700

MAUI BEHAVIORAL HEALTH RESOURCES

PO BOX 791749
PAIA,HI96779 		NONE PC BATHROOM RENOVATION 30,000

MAUI FOOD BANK

760 KOLU ST
WAILUKU,HI96793 		NONE PC FOR ORGANIZATIONAL GENERAL PURPOSES 10,000

MAUI POPS ORCHESTRA

95 MAHALANI ST 6
WAILUKU,HI96793 		NONE PC TO SUPPORT ENSEMBLES IN SCHOOLS PROGRAM 15,000

MONTESSORI SCHOOL OF MAUI

2933 BALDWIN AVE
MAKAWAO,HI96768 		NONE PC TO SUPPORT TUITION ASSISTANCE 3,000

PACIFIC CANCER FOUNDATION

95 MAHALANI ST 8
WAILUKU,HI96793 		NONE PC FOR ORGANIZATIONAL GENERAL PURPOSES 10,250

PACIFIC PRIMATE SANCTUARY INC

500-A HALOA RD
HAIKU,HI96708 		NONE PC GENERAL OPERATING 20,000

PBS HAWAII

315 SAND ISLAND ACCESS RD
HONOLULU,HI96819 		NONE PC TO SUPPORT THE PROGRAMMING OF DANIEL TIGER 10,000

ROUTT COUNTY UNITED WAY

PO BOX 774005
STEAMBOAT SPRINGS,CO80477 		NONE PC FOR ORGANIZATIONAL GENERAL PURPOSES 5,000

SALVATION ARMY

45 W KAMEHAMEHA AVE
KAHULUI,HI96732 		NONE PC FOR ORGANIZATIONAL GENERAL PURPOSES 10,000

SEABURY HALL

480 OLINDA RD
MAKAWAO,HI96768 		NONE PC FOR ORGANIZATIONAL GENERAL PURPOSES 16,250

YAMPA VALLEY COMMUNITY FOUNDATION

348 OAK ST
STEAMBOAT SPRINGS,CO80487 		NONE PC FOR ORGANIZATIONAL GENERAL PURPOSES 5,000
Total .................................right arrow 3a 224,700
bApproved for future payment
Total ................................. right arrow 3b 0
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 ........... 		    14 410  
4 Dividends and interest from securities ....     14 157,665  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 245,823  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 403,898 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
403,898
(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 (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

TY 2024 InvestmentsCorpStockSchedule
Name:
BENDON FAMILY FOUNDATION
EIN:
65-0631534
Name of Stock End of Year Book Value End of Year Fair Market Value
AB CONSERVATIVE BUFFER 53,368 54,799
ABRON PHYSICAL GOLD 167,111 277,930
ABRON PHYSICAL GOLD 94,406 129,333
ABRON PHYSICAL PLATINUM 37,075 33,303
ABRON PHYSICAL SILVER 33,738 43,395
ABRON PHYSICAL SILVER 92,006 154,337
ALPHA & OMEGA SEMICOND F 4,819 4,221
ALPHABET INC 10,616 71,934
ALPHABET INC 10,532 20,444
AMAZON.COM INC 5,889 13,383
AMERICAN EXPRESS CO 27,170 46,596
AMERICAN EXPRESS CO 9,172 15,730
APPLE INC 4,110 54,842
APPLE INC 18,334 32,304
AVANTIS EMERGING MARKETS 170,101 181,485
AVANTIS U S LARGE CAP 135,826 138,481
AVANTIS U S LARGE CAP 114,673 116,914
AVANTIS US SMALL CAP 41,707 44,983
AVANTIS US SMALL CAP 238,600 233,023
BAE SYS PLC 37,634 39,269
BARRICK GOLD CORP 47,905 48,035
BERKSHIRE HATHAWAY 9,169 13,598
BERKSHIRE HATHAWAY 26,895 39,889
BLLWISE BITCOLN ETF 8,239 16,119
BNDBLXX BLMBRG 1 YR TRG 134,748 134,402
BNDBLXX BLMBRG 1 YR TRG 10,148 10,106
BOOKING HLDGS INC 17,472 74,526
BOOKING HLDGS INC 11,990 24,842
CAMBRIA SHAREHOLDER 61,057 67,101
CAMECO CORP 22,381 52,469
CHEVRON CORP NEW 25,224 21,291
CHEVRON CORP NEW 40,215 56,632
CISCO SYS INC 75,863 99,515
CISCO SYS INC 25,389 30,310
CLOUDFLARE INC 3,859 5,169
COGNIZANT TECHNOLOGY SOL 23,224 27,684
COGNLZANT TECHNOLOGY SOL 69,280 90,665
DIGITAL REALTY TRUST 40,660 65,967
DIREXION AUSPICE BRO 82,212 78,843
DIREXION AUSPICE BRO 74,946 72,244
ENBRIDGE INC 52,140 62,415
EXXON MOBIL CORP 28,841 52,171
EXXON MOBIL CORP 15,112 15,920
FHLMC A94713 3,699 3,142
FHLMC A96409 2,420 2,039
FHLMC C03815 129 110
FHLMC G05188 158 134
FHLMC G07021 3,736 2,322
FIDELITY WISE ORIGIN 9,452 20,884
FNMA PL 190377 13 11
FNMA PL 735580 731 698
FNMA PL 745148 38 32
FNMA PL 745336 36 31
FNMA PL 889579 825 770
FNMA PL 971036 225 193
FNMA PL 995672 1,128 1,014
FNMA PL AA7681 273 234
FNMA PL AB4102 2,781 2,365
FNMA PL AB7364 301 247
FNMA PL AE0828 1,155 951
FNMA PL AE0949 315 265
FNMA PL AE5471 1,363 1,196
FNMA PL AE7731 482 412
FNMA PL AH2683 4,979 4,243
FNMA PL AL2118 745 634
FNMA PL AP7553 6,954 5,725
FRANKLIN FTSE SOUTH 102,989 93,387
FREEDOM 100 EMERGING 143,526 155,099
FREEDOM 100 EMERGING 14,121 14,706
FREEPORT-MCMORAN INC 44,303 32,216
GLOBAL X INTERNET OF 23,282 25,721
GLOBAL X THEMATIC GROWTH 24,296 21,428
GOLDMAN SACHS HEDGE 32,274 53,225
GREEN THUMB INDS INC 25,044 30,605
GREEN THUMB INDS INC 11,521 11,945
HARBOR COMM ALL WEATHR 43,998 44,271
HEWLETT PACKARD ENTERPRI 4,976 5,679
HITACHI LTD 18,315 61,924
HITACHI LTD 4,527 10,634
INNOVATOR EMRG MRK PWR 17,624 18,518
INNOVATOR INTNL DLP PWR 73,509 77,410
INNOVATOR US SMALL CAP 224,606 254,289
INNOVATOR US SMALL CAP 38,047 43,593
INVESCO AEROSPACE & 13,854 19,160
INVESCO SAND P 500 EQ 27,209 33,179
INVESCO SAND P 500 EQ 103,391 114,040
INVSC S P 500 EQUAL 27,851 29,614
INVSC SP 500 EQL WGH 27,846 34,516
INVSC SP 500 EQL WGH 92,357 114,768
ISHARES 1-3 YEAR TREASRY 364,346 360,302
ISHARES 20 PLS YEAR 267,407 247,144
ISHARES BIOTECHNOLOGY 12,441 13,618
ISHARES BIOTECHNOLOGY 39,740 43,497
ISHARES LATIN AMERICA 40 161,963 140,118
ISHARES MSCI BRAZIL ETF 4,673 3,106
ISHARES MSCI SINGAPORE 87,469 92,076
ISHARES SILVER TRUST 7,022 7,372
ISHARES SILVER TRUST 31,914 54,503
ISHARES TIPS BOND ETF 163,066 167,710
JPMORGAN BETABUILDERS 28,124 28,598
KOMATSU LTD 24,228 27,730
KRANESHARES CSI CHINA 12,672 11,170
KRANESHARES CSI CHINA 82,810 74,299
LAM RESH CORP 40,876 37,704
LAM RESH CORP 15,818 14,590
LOCKHEED MARTIN CORP 72,593 93,300
LOCKHEEDMARTIN CORP 33,350 35,474
MAKEMYTRIP LIMITED, MA 13,180 63,775
MICROSOFT CORP 2,890 5,058
MISC INDL DIRECT INC 11,408 10,531
MSC INDL DIRECT INC 29,371 32,191
NEWMONT CORP 40,914 37,406
NEWMONT CORP 21,502 16,749
NOVARTIS AG 7,544 8,563
PACER DEVLP MRT INTR CSH 33,145 34,678
PACER DEVLP MRT INTR CSH 72,094 75,427
PAYPAL HLDGS INC 6,671 11,096
PIMCO ENHANCED SHRT 439,063 432,766
PIMCO MULTISECTOR BOND 432,830 442,843
PROSHARES K 1 FREE CRUDE 74,635 75,663
QUALCOMM INC 49,430 96,166
QUALCOMM INC 27,062 31,799
ROCHE HLDG LTD 10,834 9,452
ROCHE HLDG LTD 97,340 95,257
SCHLUMBERGER LTD 23,681 21,432
SCHLUMBERGER LTD 106,903 96,502
SIMPLIFY HEALTH CARE 6,833 7,830
SIMPLIFY HEDGED EQUITY 68,885 79,065
SIMPLIFY HEDGED EQUITY 57,137 56,543
SIMPLIFY MANAGED FUTURS 102,652 109,273
SIMPLIFY US EQTY PLUS 250,595 256,964
SIMPLIFY US EQTY PLUS 72,973 75,854
SITIO ROYAL TIES CORP NEW 25,755 19,065
SITIO ROYALTIES CORP NEW 67,474 47,797
SPDR BLOOMBERG 1 3 MNTH 232,622 232,415
SPDR GOLD MINISHARES ELV 53,159 71,850
SPDR GOLD MINISHARES ETV 152,092 221,789
SPDR S&P 500 ETF IV 87,707 90,842
SPDR S&P KENSHO NEW ECO 24,520 28,821
SPDR S&P METALS & MINING 13,709 13,847
SPROTT URANIUM MINERS 10,861 14,633
SPROTT URANIUM MINERS 36,504 46,437
STEEL DYNAMICS INC 32,260 52,700
STEEL DYNAMICS INC 11,892 12,662
THE MOSAIC CO 4,799 3,834
TOTALENERGIES SE 53,377 64,256
TRAVELERS COS INC 9,031 12,526
TRAVELERS COS INC 38,208 52,996
TRULIEVE CANNABIS CORP F 6,866 5,344
UNITEDHEALTH GROUP INC 22,552 23,270
UNITEDHEALTH GROUP INC 18,059 77,397
US TREASURY 3 MONTH BILL 58,161 58,037
UST INFL IDX 250,288 207,389
VALES A 43,222 31,826
VANGUARD CONSUMER 25,750 28,748
VANGUARD CONSUMER 68,377 97,023
VANGUARD SHORT TERM 116,461 117,756
VANGUARD SHRT INF PROT 300,434 302,770
VANGUARD TOTAL INTERNTL 39,673 38,894
VANGUARD TOTAL STOCK 58,230 62,889
VELERO ENERGY CORP NEW 25,292 43,152
VERANO HLDGS CORP 4,577 1,962
VERTEX PHARMACEUTICALS 36,015 44,700
VERTEX PHARMACEUTICALS I 11,681 14,497
VISA INC 7,148 10,113
WISDOMTREE FLOATING RATE 140,525 140,544
WISDOMTREE FLOATING RATE 242,029 241,893
WISDOMTREE JAPAN SMALCP 68,463 66,198

TY 2024 LegalFeesSchedule
Name:
BENDON FAMILY FOUNDATION
EIN:
65-0631534
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 3,000 0   3,000


TY 2024 OtherExpensesSchedule
Name:
BENDON FAMILY FOUNDATION
EIN:
65-0631534
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSES 7 0   7


TY 2024 OtherIncreasesSchedule
Name:
BENDON FAMILY FOUNDATION
EIN:
65-0631534
Description Amount
INVESTMENT TIMING DIFFERENCE 3,178


TY 2024 OtherProfessionalFeesSchedule
Name:
BENDON FAMILY FOUNDATION
EIN:
65-0631534
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADR FEES 259 0   259
ADVISORY FEES 32,973 32,973   0
TRUSTEE FEES 2,729 2,729   0


TY 2024 TaxesSchedule
Name:
BENDON FAMILY FOUNDATION
EIN:
65-0631534
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 10,166 0   0
FOREIGN TAXES 1,514 1,514   0