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 01-01-2024 , and ending 12-31-2024
Name of foundation
DUNCAN JOHN G TUW
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 505 MAC H0006-092
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAINT LOUIS, MO63166
A Employer identification number

84-6016555
B Telephone number (see instructions)

(888) 730-4933
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$9,371,467J 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      
4 Dividends and interest from securities... 244,775 238,978  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 500,431
b Gross sales price for all assets on line 6a 1,232,184
7 Capital gain net income (from Part IV, line 2)... 500,431
8 Net short-term capital gain......... 0
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........ 745,206 739,409  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 96,821 72,616   24,205
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,102 0 0 1,102
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
19,719 10,564   9,155
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
11,557 6,760   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
114 114    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 129,313 90,054 0 34,462
25 Contributions, gifts, grants paid....... 375,245 375,245
26 Total expenses and disbursements. Add lines 24 and 25 504,558 90,054 0 409,707
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 240,648
b Net investment income (if negative, enter -0-) 649,355
c Adjusted net income (if negative, enter -0-)... 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............. 2,464 1,717 1,717
2 Savings and temporary cash investments......... 121,096 219,116 219,116
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
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 arrow0      
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)....... 2,717,717 Click to see attachment
List of Attached Documents:
// Content
2,766,217 		5,681,841
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).......... 3,085,076 Click to see attachment
List of Attached Documents:
// Content
3,168,534 		3,468,793
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) 5,926,353 6,155,584 9,371,467
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
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........ 5,926,353 6,155,584
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)..... 5,926,353 6,155,584
30 Total liabilities and net assets/fund balances (see instructions). 5,926,353 6,155,584
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
5,926,353
2
Enter amount from Part I, line 27a .....................
2
240,648
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,167,001
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
11,417
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,155,584
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 20. ADOBE SYS INC   2023-06-14 2024-01-31
b 95. BLACKSTONE INC   2021-02-10 2024-01-31
c 190. CITIGROUP INC.   2017-10-04 2024-01-31
d 75. DIAGEO PLC - ADR     2024-01-31
e 105. ELECTRONIC ARTS INC     2024-01-31
30. META PLATFORMS INC   2021-04-08 2024-01-31
60. JPMORGAN CHASE & CO   2017-12-07 2024-01-31
475. MANULIFE FINANCIAL CORP   2017-08-07 2024-01-31
65. MICROSOFT CORP   2023-02-09 2024-01-31
5. MICROSOFT CORP   2003-07-31 2024-01-31
25. UNITEDHEALTH GROUP INC   2023-06-14 2024-01-31
60. EATON CORP PLC   2021-04-08 2024-01-31
10. BROADCOM INC   2023-12-14 2024-03-25
380. DIAGEO PLC - ADR     2024-03-25
19. ELI LILLY & CO COM   2017-12-07 2024-03-25
490. NIKE INC CL B   2017-10-17 2024-03-25
90. EATON CORP PLC   2021-04-08 2024-03-25
75. APPLE INC   2011-08-24 2024-05-14
15. BLACKROCK INC   2014-11-13 2024-05-14
5. BROADCOM INC   2023-12-14 2024-05-14
5. BROADCOM INC   2019-07-03 2024-05-14
70. CELANESE CORP   2017-08-07 2024-05-14
15. LAM RESEARCH CORP COM   2022-11-22 2024-05-14
588. SPDR DJ WILSHIRE INTERNATIONAL R ETF   2017-09-05 2024-05-14
190. TOTAL S.A. - ADR   2023-12-14 2024-05-14
1016. VANGUARD REAL ESTATE ETF   2010-06-22 2024-05-14
65. GARMIN LTD   2021-12-22 2024-05-14
75. TE CONNECTIVITY LTD   2021-11-19 2024-05-14
5. BOOKING HOLDINGS INC   2023-06-14 2024-06-11
31. BOOKING HOLDINGS INC     2024-06-11
21. BROADCOM INC   2019-07-03 2024-06-11
440. ELECTRONIC ARTS INC     2024-06-11
30. LAM RESEARCH CORP COM     2024-06-11
95. EATON CORP PLC   2021-02-10 2024-06-11
60. ABBVIE INC   2021-10-13 2024-08-20
75. ADVANCED MICRO DEVICES INC   2024-06-11 2024-08-20
145. ALPHABET INC CL C   2017-12-07 2024-08-20
40. MCDONALDS CORP   2023-12-14 2024-08-20
45. MICROSOFT CORP     2024-08-20
160. MONDELEZ INTERNATIONAL INC   2018-07-17 2024-08-20
95. RTX CORP   2021-07-06 2024-08-20
190. TORONTO DOMINION BK ONT COM NEW   2023-02-09 2024-08-20
15. UNITEDHEALTH GROUP INC   2024-03-25 2024-08-20
5. UNITEDHEALTH GROUP INC   2023-06-14 2024-08-20
55. WASTE MANAGEMENT INC   2023-12-14 2024-08-20
85. GARMIN LTD     2024-08-20
190. BROADCOM INC   2019-07-03 2024-09-25
35. META PLATFORMS INC   2024-03-25 2024-09-25
1290. TORONTO DOMINION BK ONT COM NEW     2024-09-25
75. GARMIN LTD     2024-09-25
190. BLACKSTONE INC     2024-10-22
75. BROADCOM INC   2019-07-03 2024-10-22
1005. MANULIFE FINANCIAL CORP   2017-08-07 2024-10-22
50. APPLE INC   2011-08-24 2024-12-02
125. CITIGROUP INC.   2017-10-04 2024-12-02
25. HOME DEPOT INC   2023-02-09 2024-12-02
15. ELI LILLY & CO COM   2017-12-07 2024-12-02
360. REGIONS FINL CORP NEW   2022-08-22 2024-12-02
85. STARBUCKS CORP COM   2023-06-14 2024-12-02
CAPITAL GAIN DIVIDENDS P    
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(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 12,394   9,619 2,775
b 11,926   6,352 5,574
c 10,843   14,186 -3,343
d 10,898   10,458 440
e 14,412   10,510 3,902
11,810   9,346 2,464
10,572   6,284 4,288
10,613   9,766 847
26,216   17,407 8,809
2,017   134 1,883
12,848   11,383 1,465
14,808   8,412 6,396
13,488   11,082 2,406
55,453   45,012 10,441
14,694   1,615 13,079
45,778   25,446 20,332
28,209   12,617 15,592
14,044   1,000 13,044
12,007   5,229 6,778
6,861   5,541 1,320
6,861   1,423 5,438
11,132   6,911 4,221
13,657   6,759 6,898
14,952   23,020 -8,068
14,012   12,913 1,099
84,872   39,332 45,540
11,032   8,696 2,336
11,142   12,366 -1,224
18,949   13,005 5,944
117,485   52,185 65,300
30,615   5,975 24,640
60,169   33,755 26,414
29,945   9,362 20,583
30,336   11,561 18,775
11,786   6,527 5,259
11,826   11,920 -94
24,628   7,479 17,149
11,443   11,576 -133
19,122   1,206 17,916
11,378   6,863 4,515
11,180   8,095 3,085
11,287   13,091 -1,804
8,718   7,307 1,411
2,906   2,277 629
11,420   9,729 1,691
14,979   8,773 6,206
33,234   5,406 27,828
20,083   17,700 2,383
81,241   72,682 8,559
12,976   6,955 6,021
31,906   16,938 14,968
13,458   2,134 11,324
30,170   20,663 9,507
11,966   667 11,299
8,915   9,333 -418
10,684   7,957 2,727
11,960   1,275 10,685
9,600   7,970 1,630
8,602   8,568 34
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
      1,666
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       2,775
b       5,574
c       -3,343
d       440
e       3,902
      2,464
      4,288
      847
      8,809
      1,883
      1,465
      6,396
      2,406
      10,441
      13,079
      20,332
      15,592
      13,044
      6,778
      1,320
      5,438
      4,221
      6,898
      -8,068
      1,099
      45,540
      2,336
      -1,224
      5,944
      65,300
      24,640
      26,414
      20,583
      18,775
      5,259
      -94
      17,149
      -133
      17,916
      4,515
      3,085
      -1,804
      1,411
      629
      1,691
      6,206
      27,828
      2,383
      8,559
      6,021
      14,968
      11,324
      9,507
      11,299
      -418
      2,727
      10,685
      1,630
      34
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 500,431
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 9,026
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 9,026
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 9,026
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 3,832
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,832
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 5,194
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow0 Refundedright arrow 11 0
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$   (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 arrowCO
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 arrowWELLS FARGO BANK NA Telephone no.right arrow (800) 352-3705

Located atright arrow100 N MAIN ST FL 5D4001-052WINSTON SALEMNC ZIP+4right arrow27101
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)
Yes
 
(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
 
No
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
WELLS FARGO BANK N A TRUSTEE
1 		96,821    
100 N MAIN ST FL 5D4001-052
WINSTONSALEM,NC27101
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 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
8,923,876
b
Average of monthly cash balances.......................
1b
260,140
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
9,184,016
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
9,184,016
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
137,760
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
9,046,256
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
452,313
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
452,313
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
9,026
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,026
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
443,287
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
443,287
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
443,287
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
409,707
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
409,707
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 7 443,287
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 334,292
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 0
b From 2020...... 0
c From 2021...... 0
d From 2022...... 0
e From 2023...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 409,707
a Applied to 2023, but not more than line 2a 334,292
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..... 75,415
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 .......... 		367,872
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.... 0
b Excess from 2021.... 0
c Excess from 2022.... 0
d Excess from 2023.... 0
e Excess from 2024.... 0
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).)
NONE
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.
NONE
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 e-mail address of the person to whom applications should be addressed:
WELLS FARGO BANK DUNCAN FOUNDATION
100 N MAIN ST FL 5 D4001-052
WINSTON SALEM,NC27101
(800) 352-3705
bThe form in which applications should be submitted and information and materials they should include:
CONTACT WELLS FARGO FOR GUIDELINES AND APPLICATION
cAny submission deadlines:
CONTACT WELLS FARGO FOR DEADLLINE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
CONTACT WELLS FARGO FOR RESTRICTIONS
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

SUMMITWEST CARE

2800 PRINTERS WAY STE 200
GRAND JUNCTION,CO815063944 		NONE PC GENERAL OPERATING 10,000

ACCESS AFTERSCHOOL

PO BOX 819
CARBONDALE,CO81623 		NONE PC GENERAL OPERATING 10,000

GREENHOUSE SCHOLARS

1820 FOLSOM ST
BOULDER,CO80302 		NONE PC GENERAL OPERATING 10,000

COLORADO FARM TO TABLE INC

PO BOX 826
SALIDA,CO81201 		NONE PC GENERAL OPERATING 10,000

BOYS & GIRLS CLUBS OF PUEBLO COUNTY

635 W CORONA AVENUE
PUEBLO,CO81004 		NONE PC GENERAL OPERATING 10,000

COLORADO METH PROJECT INC

11880 UPHAM STREET SUITE F
BROOMFIELD,CO80020 		NONE PC GENERAL OPERATING 10,000

HAVEN HOUSE OF MONTROSE INC

PO BOX 3122
MONTROSE,CO814023122 		NONE PC GENERAL OPERATING 7,500

WELCOME HOME ALLIANCE FOR VETERANS

4 HILLCREST PLAZA WAY
MONTROSE,CO81401 		NONE PC GENERAL OPERATING 7,500

VETERANS COMMUNITY PROJECT

8900 TROOST AVE
KANSAS CITY,MO64131 		NONE PC GENERAL OPERATING 10,000

BOYS AND GIRLS CLUB OF SOUTH PARK INC

PO BOX 2167
FAIRPLAY,CO80440 		NONE PC GENERAL OPERATING 5,000

THERE WITH CARE

2825 WILDERNESS PLACE
BOULDER,CO80301 		NONE PC GENERAL OPERATING 7,500

NATIONAL JEWISH HEALTH

1400 JACKSON STREET
DENVER,CO80206 		NONE PC GENERAL OPERATING 10,000

SAFEHOUSE PROGRESSIVE ALLIANCE FOR
NONVIOLENCE (SPAN)
835 NORTH ST
BOULDER,CO803043223 		NONE PC GENERAL OPERATING 5,000

ITHAKA HOUSING

321 MESA RD
COLORADO SPGS,CO809051019 		NONE PC GENERAL OPERATING 5,000

COLORADO INSTITUTE OF DEVELOPMENTAL
PEDIATRICS INC
56 INVERNESS DRIVE EAST SUITE 250
ENGLEWOOD,CO80112 		NONE PC GENERAL OPERATING 7,500

CANINE PARTNERS OF THE ROCKIES INC

PO BOX 33136
THORNTON,CO80233 		NONE PC GENERAL OPERATING 5,000

THE STREET DOG COALITION

305 W MAGNOLIA ST 277
FORT COLLINS,CO80521 		NONE PC GENERAL OPERATING 7,500

MT CARMEL VETERANS SERVICE CENTER

530 COMMUNICATION CIRCLE
COLORADO SPRINGS,CO80905 		NONE PC GENERAL OPERATING 5,000

CAREERS IN CONSTRUCTION COLORADO

4585 HILTON PKWY STE 100
COLORADO SPRINGS,CO809073544 		NONE PC GENERAL OPERATING 15,000

COLORADO MOUNTAIN CLUB

710 10TH STREET SUITE 20
GOLDEN,CO80401 		NONE PC GENERAL OPERATING 10,000

LOWER VALLEY HOSPITAL ASSOCIATION

PO BOX 130
FRUITA,CO815210130 		NONE PC GENERAL OPERATING 3,245

CANON CITY GOLDEN AGE COUNCIL INC

728 MAIN ST
CANON CITY,CO812123739 		NONE PC GENERAL OPERATING 10,000

WARREN VILLAGE INC

1323 GILPIN STREET
DENVER,CO80218 		NONE PC GENERAL OPERATING 10,000

TRU COMMUNITY CARE

2594 TRAILRIDGE DRIVE EAST
LAFAYETTE,CO80026 		NONE PC GENERAL OPERATING 5,000

SENIOR SUPPORT SERVICES

846 E 18TH AVE
DENVER,CO80218 		NONE PC GENERAL OPERATING 5,000

COLORADO THERAPEUTIC RIDING CENTER

11968 MINERAL ROAD
LONGMONT,CO80504 		NONE PC GENERAL OPERATING 10,000

DELTA GAMMA ANCHOR CENTER FOR BLIND
CHILDREN
2550 ROSLYN STREET
DENVER,CO80238 		NONE PC GENERAL OPERATING 15,000

SENIOR SERVICES SOLUTIONS PLUS

321 NORTH COTTONWOOD AVENUE
CANON CITY,CO81212 		NONE PC GENERAL OPERATING 7,000

PUEBLO CHILD ADVOCACY CENTER INC

301 W 13TH STREET
PUEBLO,CO81003 		NONE PC GENERAL OPERATING 10,000

COMMUNITY PARTNERSHIP FOR CHILD
DEVELOPMENT
2330 ROBINSON ST
COLORADO SPRINGS,CO80904 		NONE PC GENERAL OPERATING 5,000

MOUNTAIN RESOURCE CENTER INC

PO BOX 425
CONIFER,CO80433 		NONE PC GENERAL OPERATING 7,500

PROJECT ANGEL HEART

4950 WASHINGTON STREET
DENVER,CO80216 		NONE PC GENERAL OPERATING 15,000

HABITAT FOR HUMANITY VAIL VALLEY

PO BOX 4149
AVON,CO816204149 		NONE PC GENERAL OPERATING 7,500

VAIL VALLEY CHARITABLE FUND INC

PO BOX 2307
EDWARDS,CO81632 		NONE PC GENERAL OPERATING 10,000

BRENT ELEY FOUNDATION

11980 EAST 16TH AVENUE
AURORA,CO80010 		NONE PC GENERAL OPERATING 5,000

COMMUNITY COALITION FOR FAMILIES

PO BOX 3223
BONNERS FERRY,ID838053223 		NONE PC GENERAL OPERATING 10,000

CENTRO DE LA FAMILIA

1645 S MURRAY BLVD
COLORADO SPRINGS,CO80916 		NONE PC GENERAL OPERATING 10,000

GROWING GARDENS OF BOULDER COUNTY INC

1630 HAWTHORN AVE
BOULDER,CO803042247 		NONE PC GENERAL OPERATING 5,000

DREAM CATCHER THERAPY CENTER INC

5814 HIGHWAY 348
OLATHE,CO81425 		NONE PC GENERAL OPERATING 5,000

BLACK CANYON BOYS & GIRLS CLUB INC

PO BOX 1907
MONTROSE,CO81402 		NONE PC GENERAL OPERATING 7,500

SHINING STARS FOUNDATION

PO BOX 2790
WINTER PARK,CO80482 		NONE PC GENERAL OPERATING 5,000

JUNIOR ACHIEVEMENT OF SOUTHERN COLORADO

611 N WEBER STREET STE 201
COLORADO SPRINGS,CO80903 		NONE PC GENERAL OPERATING 5,000

DENVER FOUNDATION

1009 N GRANT ST
DENVER,CO802032908 		NONE PC GENERAL OPERATING 10,000

VALLEY INC

3900 HOLMES VALLEY RD
VERNON,FL324623741 		NONE PC GENERAL OPERATING 15,000

CHILDREN'S SPECIALTY CLINIC OF THE SAN
LUIS VALLEY
10 RUPERT STREET
MONTE VISTA,CO811441042 		NONE PC GENERAL OPERATING 10,000
Total .................................right arrow 3a 375,245
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 ........... 		         
4 Dividends and interest from securities ....     14 244,775  
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 ............ 		    18 500,431  
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) ..   745,206  
13Total. Add line 12, columns (b), (d), and (e)..................
13
745,206
(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.
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 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
DUNCAN JOHN G TUW
EIN:
84-6016555
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,102     1,102

TY 2024 InvestmentsCorpStockSchedule
Name:
DUNCAN JOHN G TUW
EIN:
84-6016555
Name of Stock End of Year Book Value End of Year Fair Market Value
594918104 MICROSOFT CORP 30,303 481,775
867224107 SUNCOR ENERGY INC NE 85,855 129,340
02079K107 ALPHABET INC CL C 95,671 382,784
609207105 MONDELEZ INTERNATION 38,606 53,757
46625H100 JPMORGAN CHASE & CO 84,546 204,952
75513E101 RTX CORP 65,596 101,486
172967424 CITIGROUP INC. 110,870 130,222
512807108 LAM RESEARCH CORP CO    
532457108 ELI LILLY & CO COM 16,664 151,312
097023105 BOEING CO 79,826 97,350
285512109 ELECTRONIC ARTS INC    
654106103 NIKE INC CL B    
09260D107 BLACKSTONE INC 36,143 117,246
G29183103 EATON CORP PLC 39,217 114,495
904767704 UNILEVER PLC - ADR 73,267 79,380
09247X101 BLACKROCK INC    
11135F101 BROADCOM INC 32,888 272,412
91324P102 UNITEDHEALTH GROUP I 64,691 149,229
56501R106 MANULIFE FINANCIAL C 52,431 102,725
87612E106 TARGET CORP 13,725 47,313
037833100 APPLE INC 28,012 525,882
883556102 THERMO FISHER SCIENT 16,639 62,428
907818108 UNION PACIFIC CORP 27,219 71,833
58933Y105 MERCK & CO INC NEW 53,649 93,511
H84989104 TE CONNECTIVITY LTD    
00287Y109 ABBVIE INC 54,501 89,739
17275R102 CISCO SYSTEMS INC 35,746 97,384
192446102 COGNIZANT TECH SOLUT 56,417 61,905
891160509 TORONTO DOMINION BK    
89151E109 TOTALENERGIES SE -SP 126,312 118,265
94106L109 WASTE MANAGEMENT INC 43,939 77,689
09857L108 BOOKING HOLDINGS INC    
150870103 CELANESE CORP 73,192 48,101
92826C839 VISA INC-CLASS A SHR 70,611 126,416
911312106 UNITED PARCEL SERVIC 82,068 86,379
H2906T109 GARMIN LTD 39,637 89,723
25243Q205 DIAGEO PLC - ADR    
30303M102 META PLATFORMS INC 104,115 275,190
7591EP100 REGIONS FINL CORP NE 61,562 73,030
437076102 HOME DEPOT INC 71,551 87,523
00724F101 ADOBE INC 85,571 78,708
007903107 ADVANCED MICRO DEVIC 47,020 65,831
580135101 MCDONALDS CORP 86,498 88,416
855244109 STARBUCKS CORP COM 66,567 60,681
023135106 AMAZON COM INC COM 216,401 251,202
032654105 ANALOG DEVICES INC 83,829 75,423
09290D101 BLACKROCK FUNDING IN 32,070 94,310
43300A203 HILTON WORLDWIDE HOL 82,713 97,628
49338L103 KEYSIGHT TECHNOLOGIE 58,574 54,614
512807306 LAM RESH CORP 19,086 79,453
571748102 MARSH & MCLENNAN COS 72,140 69,033
G87052109 TE CONNECTIVITY PLC 50,279 65,766

TY 2024 InvestmentsOtherSchedule2
Name:
DUNCAN JOHN G TUW
EIN:
84-6016555
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
03875R205 ARBITRAGE FUND CLASS AT COST 25,068 24,827
922908553 VANGUARD REAL ESTATE AT COST 82,475 211,654
46090F100 INVESCO OPTIMUM YIEL AT COST 140,226 114,637
693390304 PIMCO LOW DURATION F AT COST 120,906 109,652
464287465 ISHARES MSCI EAFE ET AT COST 64,621 85,137
464287176 ISHARES TIPS BOND ET AT COST 58,682 62,651
IWI993008 IRONWOOD INSTITUTION AT COST 200,000 206,624
742537236 PRINCIPAL GL MULT ST AT COST 50,116 49,060
78463X863 SPDR DJ WILSHIRE INT AT COST 60,839 35,804
77958B402 T ROWE PRICE INST FL AT COST 60,000 60,768
00143W859 INV OPP DEVELOP MRKT AT COST 50,241 46,690
693391559 PIMCO EMERG MKTS BD- AT COST 144,209 107,330
31641Q755 FIDELITY NEW MRKTS I AT COST 75,023 57,236
922031760 VANGUARD HIGH YIELD AT COST 199,995 181,570
464287234 ISHARES MSCI EMERGIN AT COST 39,177 49,849
922020706 VANGUARD S/T INFL PR AT COST 55,000 52,575
46434G103 ISHARES CORE MSCI EM AT COST 65,065 53,473
922031810 VANGUARD INTERM TERM AT COST 421,010 356,817
19248X604 COHEN & STEERS PR SE AT COST 99,645 85,714
74440Y884 PGIM HIGH YIELD-Q 10 AT COST 280,000 241,083
464287655 ISHARES RUSSELL 2000 AT COST 170,090 232,671
693390593 PIMCO MODERATE DURAT AT COST 109,947 92,516
464287473 ISHARES RUSSELL MID- AT COST 63,180 201,770
27831R108 EV GLBL MACR ABS RTR AT COST 88,628 78,945
464287630 ISHARES RUSSELL 2000 AT COST 89,283 206,854
693390882 PIMCO INTL BND USD H AT COST 34,632 32,456
922908629 VANGUARD MIDCAP VIPE AT COST 245,476 355,783
589509207 MERGER FUND-INST #30 AT COST 75,000 74,647

TY 2024 OtherDecreasesSchedule
Name:
DUNCAN JOHN G TUW
EIN:
84-6016555
Description Amount
MUTUAL FUND TIMING ADJ 5,435
ROC ON CY SALES 443
PY RETURN OF CAPITAL ADJUSTMENT 5,374
TAX LOT BASIS ADJUSTMENT 149
ROUNDING 16


TY 2024 OtherExpensesSchedule
Name:
DUNCAN JOHN G TUW
EIN:
84-6016555
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSES - ADR FEES 114 114   0


TY 2024 OtherProfessionalFeesSchedule
Name:
DUNCAN JOHN G TUW
EIN:
84-6016555
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GRANT ADMIN FEE 9,155     9,155
INVESTMNT MNGMNT FEES (NON-DED 10,564 10,564    


TY 2024 TaxesSchedule
Name:
DUNCAN JOHN G TUW
EIN:
84-6016555
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 6,536 6,536   0
FEDERAL TAX PAYMENT - PRIOR YE 965 0   0
FEDERAL ESTIMATES - PRINCIPAL 3,832 0   0
FOREIGN TAXES ON NONQUALIFIED 224 224   0