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
VALLELY WILL FUND
 
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

41-6319887
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$1,467,803J 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... 44,166 44,008  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 57,983
b Gross sales price for all assets on line 6a 408,629
7 Capital gain net income (from Part IV, line 2)... 57,983
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........ 102,149 101,991  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 20,686 15,514   5,171
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
1,295 0 0 1,295
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
6,436 1,036   5,400
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,167 903   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
93 11   82
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 30,677 17,464 0 11,948
25 Contributions, gifts, grants paid....... 60,000 60,000
26 Total expenses and disbursements. Add lines 24 and 25 90,677 17,464 0 71,948
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 11,472
b Net investment income (if negative, enter -0-) 84,527
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............. 54    
2 Savings and temporary cash investments......... 39,432 38,115 38,115
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)....... 228,990 Click to see attachment
List of Attached Documents:
// Content
269,301 		581,023
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).......... 832,154 Click to see attachment
List of Attached Documents:
// Content
805,256 		848,665
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) 1,100,630 1,112,672 1,467,803
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........ 1,100,630 1,112,672
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)..... 1,100,630 1,112,672
30 Total liabilities and net assets/fund balances (see instructions). 1,100,630 1,112,672
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
1,100,630
2
Enter amount from Part I, line 27a .....................
2
11,472
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
741
4
Add lines 1, 2, and 3 ..........................
4
1,112,843
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
171
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,112,672
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 5. ADVANCED MICRO DEVICES INC   2023-06-15 2024-01-25
b 11. ALPHABET INC CL C   2020-04-03 2024-01-25
c 13. APPLE INC   2010-11-09 2024-01-25
d 6. BLACKSTONE INC     2024-01-25
e 7. CELANESE CORP   2023-06-15 2024-01-25
7. CELANESE CORP   2019-06-04 2024-01-25
15. CITIGROUP INC.     2024-01-25
10. COGNIZANT TECH SOLUTIONS CRP COM   2016-08-24 2024-01-25
139. INTERPUBLIC GROUP COS INC   2020-11-02 2024-01-25
5. JPMORGAN CHASE & CO     2024-01-25
5. ELI LILLY & CO COM   2016-10-05 2024-01-25
6. MERCK & CO INC NEW   2023-06-15 2024-01-25
8. MICROSOFT CORP     2024-01-25
41. RTX CORP     2024-01-25
6. TARGET CORP   2002-12-16 2024-01-25
2. UNITEDHEALTH GROUP INC   2008-09-09 2024-01-25
365. VANGUARD LONG-TERM BOND ETF     2024-01-25
10. VANGUARD LONG-TERM BOND ETF   2023-01-03 2024-01-25
7. EATON CORP PLC   2021-03-25 2024-01-25
13. GARMIN LTD   2020-05-29 2024-01-25
12. ADVANCED MICRO DEVICES INC   2023-02-09 2024-03-26
2. BROADCOM INC   2019-07-03 2024-03-26
41. DIAGEO PLC - ADR     2024-03-26
2. ELI LILLY & CO COM   2016-10-05 2024-03-26
48. NIKE INC CL B   2017-10-23 2024-03-26
10. EATON CORP PLC     2024-03-26
10. ALPHABET INC CL C     2024-05-28
10. APPLE INC   2010-11-09 2024-05-28
7. BLACKSTONE INC   2023-03-17 2024-05-28
1. BOOKING HOLDINGS INC   2020-05-12 2024-05-28
1. BROADCOM INC   2019-08-13 2024-05-28
3. CELANESE CORP   2023-06-15 2024-05-28
2. CELANESE CORP   2023-05-17 2024-05-28
7. ELECTRONIC ARTS INC     2024-05-28
2. META PLATFORMS INC   2024-03-26 2024-05-28
1. META PLATFORMS INC   2021-04-23 2024-05-28
79. FIRST TRUST GLOBAL TACTICAL   2023-08-10 2024-05-28
96. GOLDMAN SACHS ACTIVEBETA INT ETF     2024-05-28
3. HOME DEPOT INC   2024-01-25 2024-05-28
122. INVESCO OPTIMUM YIELD DIVERSIF ETF   2022-08-10 2024-05-28
16. ISHARES JP MORGAN USD EMERGING   2022-04-21 2024-05-28
103. ISHARES CORE MSCI EAFE ETF   2023-05-17 2024-05-28
61. ISHARES CORE MSCI EMERGING ETF   2019-08-07 2024-05-28
5. JPMORGAN CHASE & CO   2020-03-16 2024-05-28
3. LAM RESEARCH CORP COM   2023-08-10 2024-05-28
2. ELI LILLY & CO COM   2016-10-05 2024-05-28
61. MANULIFE FINANCIAL CORP   2016-03-01 2024-05-28
4. MERCK & CO INC NEW   2023-06-15 2024-05-28
2. MERCK & CO INC NEW   2021-10-19 2024-05-28
11. MICROSOFT CORP   2014-08-06 2024-05-28
34. SUNCOR ENERGY INC NEW F     2024-05-28
17. TORONTO DOMINION BK ONT COM NEW     2024-05-28
14. VANGUARD MIDCAP VIPER   2024-01-25 2024-05-28
22. VANGUARD MIDCAP VIPER   2020-05-12 2024-05-28
4. VISA INC-CLASS A SHRS   2021-12-17 2024-05-28
3. EATON CORP PLC     2024-05-28
5. TE CONNECTIVITY LTD   2021-11-19 2024-05-28
1. BOOKING HOLDINGS INC   2023-06-15 2024-06-11
2. BOOKING HOLDINGS INC   2020-03-16 2024-06-11
2. BROADCOM INC   2019-08-13 2024-06-11
37. ELECTRONIC ARTS INC   2018-12-24 2024-06-11
1. LAM RESEARCH CORP COM   2023-08-10 2024-06-11
1. LAM RESEARCH CORP COM   2018-10-01 2024-06-11
7. EATON CORP PLC   2020-11-03 2024-06-11
12. GARMIN LTD   2020-05-29 2024-06-11
5. ABBVIE INC   2021-10-12 2024-07-23
397. ISHARES CORE U.S. AGGREGATE ETF     2024-07-23
3. UNITEDHEALTH GROUP INC   2024-03-26 2024-07-23
1. UNITEDHEALTH GROUP INC   2008-09-09 2024-07-23
6. ADVANCED MICRO DEVICES INC   2024-06-11 2024-09-05
622. ISHARES CORE U.S. AGGREGATE ETF     2024-09-05
21. ISHARES CORE MSCI EAFE ETF   2024-07-23 2024-09-05
315. ISHARES CORE TOTAL BOND ETF     2024-09-05
1. LAM RESEARCH CORP COM   2024-07-23 2024-09-05
1. ELI LILLY & CO COM   2024-07-23 2024-09-05
23. PIMCO ENHANCED SHORT MATURITY ETF   2024-01-25 2024-09-05
404. PIMCO ENHANCED SHORT MATURITY ETF     2024-09-05
6.99995 ALPHABET INC CL C     2024-09-26
6.00005 ALPHABET INC CL C   2024-07-23 2024-09-26
28. BROADCOM INC     2024-09-26
1. BROADCOM INC   2019-08-07 2024-09-26
2. META PLATFORMS INC   2024-07-23 2024-09-26
129. TORONTO DOMINION BK ONT COM NEW     2024-09-26
5. GARMIN LTD   2024-09-05 2024-09-26
4. GARMIN LTD   2020-05-29 2024-09-26
4. AMAZON COM INC COM   2024-09-26 2024-11-08
10. BLACKSTONE INC   2024-09-05 2024-11-08
11. BLACKSTONE INC     2024-11-08
15. BROADCOM INC   2019-08-07 2024-11-08
17. CITIGROUP INC.   2024-09-26 2024-11-08
204. ISHARES CORE U.S. AGGREGATE ETF   2022-08-10 2024-11-08
248. ISHARES CORE TOTAL BOND ETF   2021-02-23 2024-11-08
6. JPMORGAN CHASE & CO   2024-09-05 2024-11-08
2. JPMORGAN CHASE & CO   2020-03-16 2024-11-08
36. MANULIFE FINANCIAL CORP   2024-07-23 2024-11-08
73. MANULIFE FINANCIAL CORP     2024-11-08
3. MICROSOFT CORP   2024-07-23 2024-11-08
99. REGIONS FINL CORP NEW     2024-11-08
39. VANGUARD RUSSELL 2000   2024-09-05 2024-11-08
28. VANGUARD MIDCAP VIPER   2020-05-12 2024-11-08
4. EATON CORP PLC   2024-07-23 2024-11-08
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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 918   620 298
b 1,672   615 1,057
c 2,539   147 2,392
d 735   524 211
e 1,012   808 204
1,012   701 311
801   820 -19
778   576 202
4,514   2,627 1,887
861   462 399
3,137   409 2,728
714   656 58
3,237   357 2,880
3,689   3,531 158
840   180 660
978   58 920
26,311   28,307 -1,996
721   784 -63
1,703   936 767
1,622   1,179 443
2,154   1,000 1,154
2,732   569 2,163
6,031   3,605 2,426
1,548   164 1,384
4,474   2,579 1,895
3,118   1,212 1,906
1,772   556 1,216
1,893   113 1,780
847   581 266
3,779   1,416 2,363
1,398   284 1,114
454   346 108
302   208 94
920   588 332
954   1,015 -61
477   348 129
1,960   1,925 35
3,329   3,389 -60
981   1,053 -72
1,759   2,111 -352
1,413   1,501 -88
7,733   7,034 699
3,286   2,897 389
996   451 545
2,895   2,075 820
1,602   164 1,438
1,594   857 737
504   437 67
252   157 95
4,715   473 4,242
1,373   927 446
944   1,072 -128
3,416   3,230 186
5,368   3,333 2,035
1,084   851 233
1,010   343 667
751   824 -73
3,779   2,591 1,188
7,559   2,524 5,035
2,863   568 2,295
5,015   2,810 2,205
988   692 296
988   150 838
2,233   776 1,457
1,930   1,088 842
866   542 324
38,930   43,327 -4,397
1,666   1,462 204
555   29 526
829   961 -132
62,768   67,004 -4,236
1,591   1,561 30
14,787   16,862 -2,075
750   970 -220
941   873 68
2,305   2,307 -2
40,480   40,165 315
1,155   1,239 -84
990   1,105 -115
5,014   4,522 492
179   27 152
1,150   984 166
8,131   6,841 1,290
871   906 -35
696   363 333
839   778 61
1,771   1,391 380
1,948   763 1,185
2,765   401 2,364
1,166   1,043 123
20,087   21,124 -1,037
11,377   13,273 -1,896
1,434   1,321 113
478   180 298
1,145   941 204
2,321   1,009 1,312
1,276   1,332 -56
2,510   2,076 434
3,727   3,355 372
7,689   4,242 3,447
1,448   1,288 160
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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       298
b       1,057
c       2,392
d       211
e       204
      311
      -19
      202
      1,887
      399
      2,728
      58
      2,880
      158
      660
      920
      -1,996
      -63
      767
      443
      1,154
      2,163
      2,426
      1,384
      1,895
      1,906
      1,216
      1,780
      266
      2,363
      1,114
      108
      94
      332
      -61
      129
      35
      -60
      -72
      -352
      -88
      699
      389
      545
      820
      1,438
      737
      67
      95
      4,242
      446
      -128
      186
      2,035
      233
      667
      -73
      1,188
      5,035
      2,295
      2,205
      296
      838
      1,457
      842
      324
      -4,397
      204
      526
      -132
      -4,236
      30
      -2,075
      -220
      68
      -2
      315
      -84
      -115
      492
      152
      166
      1,290
      -35
      333
      61
      380
      1,185
      2,364
      123
      -1,037
      -1,896
      113
      298
      204
      1,312
      -56
      434
      372
      3,447
      160
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 57,983
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 1,175
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 1,175
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 1,175
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 812
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.............. 7 812
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 9 363
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 arrowMN
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)
Yes
 
(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
 
No
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 		20,686    
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
1,417,191
b
Average of monthly cash balances.......................
1b
37,960
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,455,151
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
1,455,151
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
21,827
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,433,324
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
71,666
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
71,666
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
1,175
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,175
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
70,491
4
Recoveries of amounts treated as qualifying distributions................
4
726
5
Add lines 3 and 4............................
5
71,217
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
71,217
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
71,948
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
71,948
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 71,217
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 3,588
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$ 71,948
a Applied to 2023, but not more than line 2a 3,588
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..... 68,360
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 .......... 		2,857
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:
CENTER FOR SCHOLARSHIP ADMINISTRATI
4320 WADE HAMPTON BLVD SUIT G
TAYLORS,SC29687
(866) 608-0001
bThe form in which applications should be submitted and information and materials they should include:
WWW.CSASCHOLARS.ORG
cAny submission deadlines:
FEBRUARY 1ST
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
MINNESOTA RESIDENTS AND GRADUATING SENIORS OF A MINNESOTA HIGH SCHOOL
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

HAMLINE UNIVERSITY
FBO SURAYA ABDALLA
1536 HEWITT AVE
ST PAUL,MN55104 		NONE I SCHOLARSHIP 5,000

UNIVERSITY OF MINNESOTA - TWIN CITIES
FBO TARYN BANY
100 CHURCH STREET SE
MINNEAPOLIS,MN55455 		NONE I SCHOLARSHIP 5,000

RIVERLAND COMMUNITY COLLEGE
FBO KATELYN BERANEK
1900 8TH AVE NW
AUSTIN,MN55912 		NONE I SCHOLARSHIP 5,000

BOSTON UNIVERSITY
FBO SAVANNAH CHAPEL
COMMONWEALTH AVE
BOSTON,MA02215 		NONE I SCHOLARSHIP 5,000

MINNESOTA STATE UNIVERSITY
FBO KYLEE ECKMANN
120 WIGLEY ADMINISTRATION
MANKATO,MN56001 		NONE I SCHOLARSHIP 5,000

UNIVERSITY OF SOUTH DAKOTA
FBO KIERA KIRCHNER
414 E CLARK ST
VERMILLION,SD57069 		NONE I SCHOLARSHIP 5,000

MINNESOTA STATE UNIVERSITY
FBO ASHTON MCANALLY
120 WIGLEY ADMINISTRATION
MANKATO,MN56001 		NONE I SCHOLARSHIP 5,000

SOUTHEAST TECHNICAL COLLEGE
FBO JALIVIA RICHERT
2320 N CAREER AVE
SIOUX FALLS,SD57107 		NONE I SCHOLARSHIP 5,000

SOUTH DAKOTA STATE UNIVERSITY
FBO JENNA SCHWEISS
1451 STADIUM RD
BROOKINGS,SD57007 		NONE I SCHOLARSHIP 5,000

FLORIDA A&M UNIVERSITY
FBO JANAYSIA SHULER
1601 S MARTIN LUTHER KING JR BLVD
TALLAHASSEE,FL32307 		NONE I SCHOLARSHIP 5,000

MARTIN LUTHER COLLEGE
FBO BETHANY SPIKE
1995 LUTHER CT
NEW ULM,MN56073 		NONE I SCHOLARSHIP 5,000

UNIVERSITY OF CALIFORNIA LOS ANGELES
FBO JORGE VARGAS
B303 MURPHY HALL
LOS ANGELES,CA90095 		NONE I SCHOLARSHIP 5,000
Total .................................right arrow 3a 60,000
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 44,166  
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 57,983  
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) ..   102,149  
13Total. Add line 12, columns (b), (d), and (e)..................
13
102,149
(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 AccountingFeesSchedule
Name:
VALLELY WILL FUND
EIN:
41-6319887
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,295     1,295

TY 2024 InvestmentsCorpStockSchedule
Name:
VALLELY WILL FUND
EIN:
41-6319887
Name of Stock End of Year Book Value End of Year Fair Market Value
94106L109 WASTE MANAGEMENT INC 4,089 8,072
867224107 SUNCOR ENERGY INC NE 9,414 13,309
150870103 CELANESE CORP 6,984 6,921
17275R102 CISCO SYSTEMS INC 2,596 9,413
192446102 COGNIZANT TECH SOLUT 3,920 5,768
25243Q205 DIAGEO PLC - ADR    
460690100 INTERPUBLIC GROUP CO    
512807108 LAM RESEARCH CORP CO    
654106103 NIKE INC CL B    
09247X101 BLACKROCK INC    
09857L108 BOOKING HOLDINGS INC    
609207105 MONDELEZ INTERNATION 4,460 6,212
92826C839 VISA INC-CLASS A SHR 6,468 12,010
56501R106 MANULIFE FINANCIAL C 4,017 9,889
87612E106 TARGET CORP 2,657 5,678
91324P102 UNITEDHEALTH GROUP I 3,144 15,176
58933Y105 MERCK & CO INC NEW 5,954 10,147
H2906T109 GARMIN LTD 3,927 9,282
172967424 CITIGROUP INC. 8,599 13,093
00287Y109 ABBVIE INC 6,507 9,951
097023105 BOEING CO 7,642 10,089
891160509 TORONTO DOMINION BK    
907818108 UNION PACIFIC CORP 3,007 7,981
904767704 UNILEVER PLC - ADR 6,960 7,541
911312106 UNITED PARCEL SERVIC 6,767 8,827
11135F101 BROADCOM INC 2,436 26,430
46625H100 JPMORGAN CHASE & CO 3,348 18,697
037833100 APPLE INC 6,551 55,593
532457108 ELI LILLY & CO COM 4,896 16,984
883556102 THERMO FISHER SCIENT 1,628 6,763
89151E109 TOTALENERGIES SE -SP 10,343 11,445
09260D107 BLACKSTONE INC 3,318 11,725
02079K107 ALPHABET INC CL C 5,634 39,040
75513E101 RTX CORP 6,184 10,299
H84989104 TE CONNECTIVITY LTD    
G29183103 EATON CORP PLC 3,547 10,620
285512109 ELECTRONIC ARTS INC    
594918104 MICROSOFT CORP 8,001 48,894
30303M102 META PLATFORMS INC 10,508 28,104
437076102 HOME DEPOT INC 7,258 8,947
7591EP100 REGIONS FINL CORP NE 5,692 6,844
00724F101 ADOBE INC 7,596 7,115
007903107 ADVANCED MICRO DEVIC 6,337 7,489
580135101 MCDONALDS CORP 8,975 8,987
855244109 STARBUCKS CORP COM 7,055 6,479
023135106 AMAZON COM INC COM 22,966 26,327
032654105 ANALOG DEVICES INC 7,729 7,011
09290D101 BLACKROCK FUNDING IN 3,207 10,251
43300A203 HILTON WORLDWIDE HOL 8,485 9,886
49338L103 KEYSIGHT TECHNOLOGIE 5,984 5,622
512807306 LAM RESH CORP 3,441 8,668
571748102 MARSH & MCLENNAN COS 7,433 7,010
G87052109 TE CONNECTIVITY PLC 3,637 6,434

TY 2024 InvestmentsOtherSchedule2
Name:
VALLELY WILL FUND
EIN:
41-6319887
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
46434V613 ISHARES CORE TOTAL B AT COST 65,803 59,664
381430107 GOLDMAN SACHS ACTIVE AT COST 43,753 43,542
464288281 ISHARES JP MORGAN US AT COST 92,395 88,595
464287226 ISHARES CORE U.S. AG AT COST 172,365 164,052
74440Y884 PGIM HIGH YIELD-Q 10 AT COST 45,730 44,539
922908629 VANGUARD MIDCAP VIPE AT COST 65,772 130,480
46090F100 INVESCO OPTIMUM YIEL AT COST 33,846 28,500
46434G103 ISHARES CORE MSCI EM AT COST 25,113 27,624
33739H101 FIRST TRUST GLOBAL T AT COST 30,244 29,960
46432F842 ISHARES CORE MSCI EA AT COST 84,071 85,952
72201R833 PIMCO ENHANCED SHORT      
921937793 VANGUARD LONG-TERM B      
464287242 ISHARES IBOXX $ INVE AT COST 45,716 44,445
46435U853 ISHARES BROAD USD HI AT COST 60,103 59,416
92206C664 VANGUARD RUSSELL 200 AT COST 40,345 41,896

TY 2024 OtherDecreasesSchedule
Name:
VALLELY WILL FUND
EIN:
41-6319887
Description Amount
PY RETURN OF CAPITAL ADJUSTMENT 129
ROC ON CY SALES 32
ROUNDING 3
TAX LOT BASIS ADJUSTMENT 7


TY 2024 OtherExpensesSchedule
Name:
VALLELY WILL FUND
EIN:
41-6319887
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER ADMINISTRATIVE EXPENSE 57 0   57
FILING FEE/STATE TAX 25 0   25
INVESTMENT EXPENSES - ADR FEES 11 11   0


TY 2024 OtherIncreasesSchedule
Name:
VALLELY WILL FUND
EIN:
41-6319887
Description Amount
MUTUAL FUND TIMING ADJ 15
RECOVERY OF GRANTS PAID 726


TY 2024 OtherProfessionalFeesSchedule
Name:
VALLELY WILL FUND
EIN:
41-6319887
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED 1,036 1,036    
SCHOLARSHIP ADMIN FEES 5,400     5,400


TY 2024 TaxesSchedule
Name:
VALLELY WILL FUND
EIN:
41-6319887
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 803 803   0
FEDERAL TAX PAYMENT - PRIOR YE 452 0   0
FEDERAL ESTIMATES - PRINCIPAL 812 0   0
FOREIGN TAXES ON NONQUALIFIED 100 100   0