TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
Stevens Family Foundation Inc

% M BRENT STEVENS

Number and street (or P.O. box number if mail is not delivered to street address)PO Box 5239
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Ketchum, ID83340

A Employer identification number

46-1618021

B Telephone number (see instructions)

(208) 788-5972

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$18,222,190J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	0
2	Check .............
3	Interest on savings and temporary cash investments	30,667		30,667
4	Dividends and interest from securities...	633,909		633,909
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		46,583
b	Gross sales price for all assets on line 6a 6,026,491
7	Capital gain net income (from Part IV, line 2)...			46,583
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......	List of Attached Documents: // Content	358,034	362,737
12	Total. Add lines 1 through 11........	1,069,193		1,073,896
13	Compensation of officers, directors, trustees, etc.	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	2,097	0	0	2,097
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	38,435	0	0	38,435
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	65,895	65,895
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	23,422	2,394
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	47,123	6,591		40,192
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	176,972		74,880	0	80,724
25	Contributions, gifts, grants paid.......	370,340				370,340
26	Total expenses and disbursements. Add lines 24 and 25	547,312		74,880	0	451,064
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	521,881
b	Net investment income (if negative, enter -0-)			999,016
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	726,154	446,988	446,988
	3	Accounts receivable 2,734
		Less: allowance for doubtful accounts		2,734	2,734
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	884,165	List of Attached Documents: // Content 828,708	802,002
	b	Investments—corporate stock (attach schedule).......	10,371,460	List of Attached Documents: // Content 10,652,019	10,867,440
	c	Investments—corporate bonds (attach schedule).......	1,089,483	List of Attached Documents: // Content 1,184,453	1,224,878
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	4,119,409	List of Attached Documents: // Content 4,597,650	4,878,148
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	17,190,671	17,712,552	18,222,190
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	17,190,671	17,712,552
	29	Total net assets or fund balances (see instructions).....	17,190,671	17,712,552
	30	Total liabilities and net assets/fund balances (see instructions).	17,190,671	17,712,552

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

17,190,671

Enter amount from Part I, line 27a .....................

521,881

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

17,712,552

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

17,712,552

Form 990-PF (2024)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	Publicly-traded Securities
b	Passthrough K1 Capital Gain/(Loss)
c	Sec 751 Gain on Sale of Ptshp Reclass
d	DIST IN EXCESS OF BASIS - TURNSTONE CO-INVEST LLC
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	6,026,491	5,981,019	45,472
b			34
c			-1,564
d			2,641
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			45,472
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	46,583
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 ...................		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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	13,886
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
3	Add lines 1 and 2...........................	3	13,886
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	13,886
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	13,200
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	7,800
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	21,000
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	127
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	6,987
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax6,987	Refunded	11

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

The books are in care of right arrow

M BRENT STEVENS Telephone no. right arrow

(208) 788-5972

Located at right arrow

131 FOURTH STREET SUITE 215KetchumID ZIP+4 right arrow

83340

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

Yes

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
Marie Annette Stevens	Dir, Sec 5.0	0	0	0
PO Box 5239 Ketchum,ID83340	Dir, Sec 5.0	0	0	0
Martin Brent Stevens	Dir, Pres 5.0	0	0	0
PO Box 5239 Ketchum,ID83340	Dir, Pres 5.0	0	0	0

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










Total number of other employees paid over $50,000...................

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

Total number of others receiving over $50,000 for professional services............. right arrow

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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

12,910,339

Average of monthly cash balances.......................

689,663

Fair market value of all other assets (see instructions)................

4,618,720

Total (add lines 1a, b, and c).........................

18,218,722

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

18,218,722

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

273,281

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

17,945,441

Minimum investment return. Enter 5% (0.05) of line 5................

897,272

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.)

Minimum investment return from Part IX, line 6..................

897,272

Tax on investment income for 2024 from Part V, line 5 .......

13,886

Income tax for 2024. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

13,886

Distributable amount before adjustments. Subtract line 2c from line 1............

883,386

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

883,386

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

883,386

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

451,064

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

451,064

Form 990-PF (2024)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2024
1 Distributable amount for 2024 from Part X, line 7			883,386
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......
b Total for prior years:20 , 20, 20
3 Excess distributions carryover, if any, to 2024:
a From 2019......	284,465
b From 2020......	427,517
c From 2021......	212,498
d From 2022......	1,952,401
e From 2023......	304,606
f Total of lines 3a through e ........		3,181,487
4Qualifying distributions for 2024 from Part
XI, line 4: $ 451,064
a Applied to 2023, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2024 distributable amount.....			451,064
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2024.		432,322	432,322
(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		2,749,165
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
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......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........			0
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) .......
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		2,749,165
10 Analysis of line 9:
a Excess from 2020....	279,660
b Excess from 2021....	212,498
c Excess from 2022....	1,952,401
d Excess from 2023....	304,606
e Excess from 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 4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

MARTIN BRENT STEVENS

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2024)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BOULDER MOUNTAIN CLAYWORKS INC PO BOX 3725 KETCHUM,ID83340	N/A	PC	General & Unrestricted	5,000
GUTS GEAR INC 1442 PARK AVE DES MOINES,IA50315	N/A	PC	General & Unrestricted	25,000
SUN VALLEY BALLET FOUNDATION INC 141 SIOUX DR HAILEY,ID83333	N/A	PC	General & Unrestricted	47,840
SUN VALLEY COMMUNITY SCHOOL INC PO BOX 2118 SUN VALLEY,ID83353	N/A	PC	General & Unrestricted	35,500
SUN VALLEY COMMUNITY SCHOOL INC PO BOX 2118 SUN VALLEY,ID83353	N/A	PC	Annunal Fund	25,000
SWIFTSURE RANCH THERAPEUTIC EQUESTRIAN CENTER INC 114 CALYPSO LN BELLEVUE,ID83313	N/A	PC	Cowboy Ball Contributions	7,000
UNITED STATES SKI TEAM FOUNDATION 1 VICTORY LN BOX 100 PARK CITY,UT84060	N/A	PC	Champions Club Cortina, Snowboard National Team Support, Alpine Team Support, Principal Giving Road to Cortina, Heroic Womens Elite Coaching	225,000
Total ................................. 3a				370,340

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	30,667
4 Dividends and interest from securities ....			14	633,909
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	46,583
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aK-1 Inc/Loss	525990	-6,268	14	362,738
bSec 751 Gain on Sale of Ptshp	525990	1,564
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		-4,704		1,073,897

13Total. Add line 12, columns (b), (d), and (e)..................

1,069,193

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

Stevens Family Foundation Inc

EIN:

46-1618021

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Audit Fees	28,000			28,000
General Consultations	10,435			10,435

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule

Name:

Stevens Family Foundation Inc

EIN:

46-1618021

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income	Cost of Goods Sold Not Included

- TIN:

TY 2024 GeneralExplanationAttachment

Name:

Stevens Family Foundation Inc

EIN:

46-1618021

Identifier	Return Reference	Explanation
FORM 990-PF	FORM 990-PF	One or more partnerships have provided a Schedule K-3 for the tax year in which they have checked one or more of the boxes in Part I but not provided sufficient back-up information to allow the Foundation to verify why such boxes were checked or the extent to which the checking of such boxes affects any item on this return. The Foundation has prepared this return to the best of its ability and without any foreign filings for such partnerships based on the information provided to it by these partnerships and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
FORM 990-PF	FORM 990-PF	One or more partnerships in which the foundation was invested in 2024 have provided a Schedule K-1 indicating that a Schedule K-3 would be provided, but it was not provided. As a result, there is insufficient information to allow Foundation Source, as tax preparer, to ascertain whether there is missing information about direct or indirect foreign investments that might have affected any item on this return or required additional forms to be filed. The Foundation has prepared this return to the best of its ability and without any foreign filings for such partnerships based on the information provided to it by these partnerships and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
Form 926	Form 926	The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.
Form 8865	Form 8865	The Foundation has prepared this form to the best of its ability based on the limited information provided to it by the investment on which the Foundation is reporting and on the basis of having received no information to the contrary. Any missing or incomplete information is due to the Foundation's inability to obtain such information and is not a willful attempt to withhold such information.

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

Stevens Family Foundation Inc

EIN:

46-1618021

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC - 2.950% - 11/21/20	13,103	13,600
ACCENTURE CAPITAL INC - 4.050%	34,968	33,955
AIR LEASE CORP SER A MTN CALL	13,256	14,303
AMGEN INC - 2.450% - 02/21/203	17,841	18,564
ASTRAZENECA - 1.375% - 08/06/2	25,558	26,647
ASTRAZENECA FINANCE LLC - 4.85	19,006	19,039
AT&T - 2.250% - 02/01/2032	11,112	11,579
AT&T, INC - 1.700% - 03/25/202	36,418	38,556
BANK OF AMERICA VAR 27 - 0.000	26,988	28,602
BK OF AMERICA CORP - 1.658% -	36,107	38,542
BK OF AMERICA CORP MTN - 1.197	36,061	38,860
BLACKROCK INC - 1.900% - 01/28	22,837	23,598
BOEING CO NOTE CALL MAKE WHOLE	13,768	14,546
BP CAP MKTS AMER INCSER B - 3.	14,419	14,664
BP CAPITAL MARKETS AMERICA INC	29,970	29,573
CAPITAL ONE FINL CORP NT - 1.8	14,121	14,172
CIGNA CORP NEW SER C NOTE - 3.	13,362	13,613
CITIGROUP INC - 2.520% - 11/03	16,825	17,509
CITIGROUP INC NOTE - 1.462% -	48,021	51,414
CITIGROUP INC NOTE - 3.668% -	22,623	22,278
COMCAST COPR - 5.300% - 06/01/	12,003	11,999
CVS HEALTH CORP - 5.400% - 06/	15,989	16,007
DELL INT LLC / EMC CORP - 4.90	13,916	14,041
DUKE ENERGY CORP - 3.150% - 08	13,980	14,406
ENERGY TRANSFER LP - 4.950% -	14,982	14,980
EQUINOR ASA - 2.375% - 05/22/2	27,741	28,391
EQUINOR ASA - 3.125% - 04/06/2	6,361	6,451
EXELON CORP - 3.400% - 04/15/2	13,538	13,769
GENERAL MOTORS - 6.050% - 10/1	14,046	14,120
GOLDMAN SACHS GROUP INC - 1.09	13,417	14,482
GOLDMAN SACHS GROUP INC - 2.38	9,606	10,014
GOLDMAN SACHS GROUP INC NOTE -	49,676	53,131
GOLDMAN SACHS GROUP INC SR GLO	35,833	38,399
HCA INC - 5.250% - 06/15/2026	13,668	14,035
HEWLETT PACKARD ENTERPRISE CO	15,051	14,844
JP MORGAN CHASE - 1.578% - 04/	23,279	24,957
JP MORGAN CHASE - 2.545% - 11/	21,193	21,936
JP MORGAN CHASE - 3.540% - 05/	14,107	14,574
JPMORGAN CHASE &CO NT - 1.470%	36,146	38,788
MPLX LP NOTE - 4.875% - 06/01/	13,781	13,991
MYLAN INC SER B - 4.550% - 04/	14,756	14,693
ORACLE CORP - 2.800% - 04/01/2	13,607	14,404
ORACLE CORP - 2.950% - 04/01/2	12,208	12,645
ORACLE CORP NOTE CALL MAKE WHO	25,443	26,998
PHILP MORRIS INTL - 4.875% - 0	27,842	27,962
PHILP MORRIS INTL - 5.250% - 0	27,541	27,685
PRICELINE GRP INC NOTE - 0.036	13,670	13,817
RTX CORPORATION - 5.750% - 11/	14,218	14,247
SHELL FIN US INC - 2.750% - 04	35,544	35,952
SOUTHERN CO - 3.250% - 07/01/2	13,476	13,716
SOUTHWEST AIRLS CO - 5.125% -	14,039	14,064
T MOBILE USA INC NOTE CALL MAK	13,311	13,643
TRUIST FINANCIAL CORP SER G -	15,117	14,925
US BANCORP - 2.677% - 01/27/20	37,475	39,675
US BANCORP MTN - 4.548% - 07/2	13,724	13,884
VMWARE INC NT - 1.400% - 08/15	13,238	14,209
WELLS FARGO &CO SER U MTN - 3.	20,579	21,335
WILLIAMS COS INC - 5.400% - 03	13,988	14,095

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

Stevens Family Foundation Inc

EIN:

46-1618021

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS	7,194	7,433
ABBVIE INC	22,400	21,857
ACCENTURE PLC	8,110	8,679
ADIDAS AG	12,174	11,985
ADOBE SYSTEMS, INC	5,594	4,795
ADVANCED MICRO DEVICES INC	7,386	5,712
ADVANTEST CORP - ADR	9,071	11,833
ADYEN N.V.	7,518	8,004
ALLEGION PLC	9,890	10,069
ALLETE INC	1,828	1,837
ALLIANT CORP	4,643	5,430
ALPHABET INC CL A	19,797	22,337
ALPHABET INC CL C	13,065	14,641
ALTAGA LTD COM	2,996	3,663
AMAZON COM	52,937	64,062
AMEREN CORPORATION	3,812	4,506
AMERICAN ELECTRIC POWER INC	9,243	10,053
AMERICAN EXPRESS CO	11,694	14,345
AMGEN INC	5,300	4,524
ANALOG DEVICES INC	8,850	8,580
ANGEL OAK MULTI-STRATEGY INCOM	228,204	233,346
AON PLC CL A	19,325	22,182
APPLE INC	46,247	55,092
ARCHROCK INC	2,031	4,630
ARGENX SE	11,703	11,756
ASM INTERNATIONAL NV	14,888	12,068
ASPEN TECHNOLOGY INC COM	10,668	12,652
ASTRAZENECA	12,094	10,025
AT&T, INC	7,182	8,698
ATCO LTD CL I NON VTG	4,659	5,501
ATLAS COPCO AB A SHS ADR	5,475	4,433
ATMOS ENERGY CORP	4,902	6,382
AUTODESK, INC	10,727	13,964
AUTOMATIC DATA PROCESSING INC	7,436	8,192
AVALONBAY CMNTYS INC	2,492	2,698
AVERY DENNISON CORP	2,764	2,329
BANK NEW YORK MELLON CORP COM	6,076	7,243
BANK OF AMERICA CORP	10,144	11,383
BECTON DICKINSON & CO	11,930	11,490
BENTLEY SYSTEMS INC CL B	17,611	16,158
BERKLEY W R CP	14,508	15,449
BERKSHIRE HATHAWAY INC. CLASS	12,177	12,902
BJ'S WHLSL CLUB INC	8,207	8,935
BLACKROCK INC	20,629	25,628
BOOZ ALLEN HAMILTON HOLDING CO	2,646	2,202
BRIGHT HORIZONS FAMILY SOLUTIO	10,090	9,583
BRISTOL-MYERS SQUIBB CO	6,147	6,278
BROADCOM INC	18,402	22,697
BYD CO LTD UNSP/ADR	13,499	11,963
CANADIAN PACIFIC RAILWAY LTD	20,146	18,165
CENTERPOINT ENERGY	5,044	5,394
CHARLES RIV LABORATORIES INTL	11,455	9,544
CHEMED CORP	8,903	8,186
CHENIERE ENERGY INC	3,276	4,668
CHEVRON CORP	10,902	10,180
CHOICE HOTELS INTERNATIONAL IN	10,036	11,762
CHUBB LIMITED	8,657	8,953
CISCO SYSTEMS INC	8,449	10,301
CLEARWAY ENERGY INC CLASS A	4,977	5,428
CME GROUP, INC	6,161	6,866
CMS ENERGY CP	4,953	5,451
COMCAST CORP	10,484	9,795
COMPAGNIE FINANCIERE RICHEMONT	11,406	11,931
COMPASS GROUP PLC ADR	21,117	23,513
CONCRETE PUMPING HOLDINGS INC	380,250	432,900
CONOCOPHILLIPS	4,038	3,529
COOPER COMPANIES INC	15,371	14,617
CSX CORP	2,764	2,705
CUMMINS INC	8,360	9,786
CYBERARK SOFTWARE LTD	20,052	25,852
DANAHER CORP	20,557	18,544
DOMINION ENERGY INC	3,577	3,663
DT MIDSTREAM INC	2,680	5,464
DTE ENERGY CO COM	6,723	7,273
DUKE ENERGY CO	3,248	3,627
DWS ALTERNATIVE ASSET ALL PLUS	339,254	355,893
EBAY INC	2,589	2,893
ECOLAB INC	14,534	14,479
ELI LILLY & CO	14,732	13,526
ENBRIDGE INC	4,757	5,601
ENTERGY CORP	7,730	10,994
EOG RESOURCES INC	5,737	5,607
EQUIFAX INC	13,022	12,986
ESSENTIAL UTILITIES INC	3,539	3,632
ESSILOR INTL ADR	11,861	11,646
EVERGY, INC.	3,804	4,553
EXPONENT, INC	8,802	7,958
EXXON MOBIL CORP	32,532	30,227
FAIR ISSAC & CO INC	5,970	6,755
FEDERATED HERMES CORPORATE BON	124,592	127,825
FEDERATED HERMES HIGH YIELD ST	23,910	25,071
FEDERATED HERMES INTERNATIONAL	48,483	48,344
FEDERATED HERMES MORTGAGE STRA	865,134	859,734
FERRARI NV	42,242	41,071
FISERV, INC	8,306	8,346
FORTIS INC	3,431	3,631
FRANKLIN FTSE JAPAN ETF	646,551	621,009
GARTNER INC	11,851	12,353
GEN DYNAMICS CP	11,680	10,234
GENERAC HOLDING INC	2,741	2,750
GENERAL MILLS INC	4,851	4,448
GENUINE PARTS COMPANY	2,852	2,308
GLOBANT SA	8,761	10,063
GOLUB CAPITAL BDC, INC	502,755	549,702
GQG PARTNERS EMERGING MARKETS	388,914	359,068
HENRY JACK & ASSOC INC	11,552	12,008
HERMES INTL 10 ADR	30,602	30,835
HESS MIDSTREAM LP CL A	3,893	4,666
HOME DEPOT INC	22,341	24,233
HONEYWELL INTL	9,135	10,098
IDACORP INC HLDG CO	1,533	1,823
ILLINOIS TOOL WORKS	5,288	5,384
INDUSTRIA DE DISENO	24,147	23,775
INTERACTIVE BROKERS GROUP, INC	13,136	18,904
INTERNATIONAL BUSINESS MACHINE	7,472	8,760
INTUIT	19,661	20,012
INVESCO S&P 500 EQUAL WEIGHT E	374,735	389,887
JOHNSON & JOHNSON	18,198	16,921
JP MORGAN CHASE	32,378	37,874
KEYERA CORP	4,288	5,534
KINDER MORGAN INC	8,226	12,905
KLA TENCOR CORP	5,814	4,722
LAM RESEARCH CORP	5,104	4,066
LCI INDUSTRIES	2,591	2,416
LENNOX INTL INC	17,684	20,481
LINDE PLC COM	7,013	6,221
LOCKHEED MARTIN CORP	5,675	5,415
LPL FINANCIAL HOLDINGS INC	14,191	18,183
MAKEMYTRIP LIMITED	10,162	12,463
MARSH AND MCLENNAN COMPANIES I	9,150	9,176
MCDONALD'S CORP	8,316	8,795
MEDTRONIC PLC	4,557	4,498
MERCADOLIBRE, INC	26,064	24,277
MERCK & CO INC	6,675	5,459
META PLATFORMS INC	28,702	33,729
MICROSOFT CORP	94,147	94,838
MONDAY.COM LTD	12,234	11,135
MONDELEZ INTERNATIONAL INC	6,495	5,557
MONSTER BEVERAGE CORP	8,895	9,198
MORGAN STANLEY	6,589	8,298
MSCI INC	22,819	26,205
NATL FUEL GAS CO	7,886	9,102
NETFLIX INC	15,414	20,516
NEXTERA ENERGY PARTNERS LP	4,077	2,812
NEXTERA ENERGY, INC	10,732	10,897
NORDSON CP	14,058	11,781
NORTHROP GRUMMAN CORP	6,918	6,426
NOVO NORDISK A S	60,616	41,634
NU HOLDINGS LTD	10,695	8,309
NVIDIA CORP	48,953	58,953
OLLIES BARGAIN OUTLET HOLDINGS	7,736	9,431
ONE GAS INC	3,232	3,638
ONEOK INC	12,265	18,172
PACKAGING CORP AMER	3,435	3,893
PALO ALTO NETWORKS INC	4,353	4,891
PARKER HANNIFIN CP	8,246	9,416
PEPSICO INC	3,662	3,232
PG & E CORP	1,825	1,827
PIMCO MORTGAGE OPPORTUNITIES F	229,309	224,918
PLAINS GP HOLDINGS LP	10,942	14,796
PNC FINANCIAL GROUP INC	5,871	6,853
POOL CORP	15,059	14,146
PPG INDUSTRIES INC	3,701	3,373
PPL CORPORATION	5,935	7,304
PROCTER GAMBLE CO	21,258	21,459
PROLOGIS	10,293	9,355
PUBLIC STORAGE INC	2,368	2,329
PUBLIC SVC ENTERPRISE GROUP IN	6,265	8,215
QUALCOMM INC	2,764	2,499
QUANTA SVCS INC	2,113	3,570
ROLLINS INC	12,352	11,958
S&P GLOBAL INC COM	18,833	20,693
SAFRAN SA - UNSPON ADR	21,365	20,765
SAIA, INC	10,218	10,558
SALESFORCE.COM	13,491	18,430
SAP AKTIENGESELL ADS	22,669	23,450
SCHNEIDER ELEC UNSP/ADR	19,573	19,806
SCOTTS CO. CLASS A	7,818	7,165
SEMPRA ENERGY COM	11,435	13,772
SERVICE NOW	7,750	10,493
SHOPIFY INC	13,334	12,334
SITEONE LANDSCAPE SUPPLY INC	9,039	8,119
SOUTH BOW CORP	1,205	1,826
SOUTHERN CO	12,118	12,677
SPDR BARCLAYS CAPITAL 1-3 MONT	3,995,187	3,990,096
SPOTIFY TECHNOLOGY SA	15,406	16,323
STARBUCKS CORP COM	9,148	10,403
SYNOPSYS, INC	19,352	17,622
TAIWAN SEMICONDUCTOR MFG CO LT	43,265	54,310
TARGA RESOURCES CORP	4,112	9,205
TC ENERGY CORPORATION	4,490	5,537
TECHTRONIC INDS SPD ADR	8,536	7,939
TELEDYNE TECH INC	8,576	9,839
TERADYNE INC	10,859	10,146
TESLA MOTORS INC	3,773	7,154
TEXAS INSTRUMENTS INC	4,309	4,169
THE BLACKSTONE GROUP INC CL A	9,001	10,905
THE COCA-COLA CO	7,659	7,160
THERMO FISHER SCIENTIFIC INC	32,167	28,883
THOR INDS INC	8,746	8,076
TJX COMPANIES INC	5,109	5,710
TRANE TECHNOLOGIES PLC	14,347	14,054
TRANSDIGM GRP INC	15,903	15,210
UBER	5,922	5,185
UNION PACIFIC	6,665	6,362
UNITEDHEALTH GROUP INC	48,727	46,649
UNIVERSAL DISPLAY CORP	12,601	8,416
US BANCORP	10,020	9,662
VALERO ENERGY CORP	6,165	4,974
VISA INC	41,770	48,354
WAL-MART STORES INC	11,679	15,631
WALT DISNEY HOLDINGS CO	14,285	16,034
WASTE MANAGEMENT INC	27,034	26,233
WATSCO INC	14,024	14,283
WEC ENERGY GROUP, INC	7,385	8,155
WELLS FARGO & CO	7,766	9,342
WILLIAMS COS	2,082	3,661
WORKDAY INC	13,034	14,951
XCEL ENERGY INC	4,636	5,429
YUM BRANDS INC	17,846	17,709
ZEBRA TECHNOLOGIES CORP	12,227	14,540
ZURN WATER SOLUTIONS	11,695	13,577

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

Stevens Family Foundation Inc

EIN:

46-1618021

US Government Securities - End of Year Book Value:

828,708

US Government Securities - End of Year Fair Market Value:

802,002

State & Local Government Securities - End of Year Book Value:

State & Local Government Securities - End of Year Fair Market Value:

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

Stevens Family Foundation Inc

EIN:

46-1618021

Category/ Item	Book Value	End of Year Fair Market Value
CHENIERE ENERGY PARTNERS LP	4,288	6,428
ENERGY TRANSFER LP	16,091	30,874
ENTERPRISE PRODUCTS PARTNERS L	23,530	39,921
GOLDENTREE PC OFFSHORE	509,964	521,133
GOLUBCAPP14	2,700,000	2,777,451
HP MILLENIUM INTL II	37,268	37,268
MARATHON SPS III OFF	469,501	473,962
MPLX LP	11,560	20,293
OAKTREE STRATEGIC CF - I - 445	807,474	808,495
SUNOCO LP	5,654	5,504
THOROFARE FUND IV	10,684	4,569
TURNSTONE CO-INVEST LLC		147,738
WESTLAKE CHEMICAL PARTNERS LP	1,636	4,512

- TIN:

TY 2024 LegalFeesSchedule

Name:

Stevens Family Foundation Inc

EIN:

46-1618021

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
General Consultations	2,097			2,097

- TIN:

TY 2024 OtherExpensesSchedule

Name:

Stevens Family Foundation Inc

EIN:

46-1618021

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Administrative Fees	39,992		39,992
Bank Charges	98	98
K-1 Exp ENERGY TRANSFER LP	320	37
K-1 Exp ENTERPRISE PRODUCTS PA	7	1
K-1 Exp MARATHON SPS III OFF	5,903	5,903
K-1 Exp MPLX LP	2
K-1 Exp SUNOCO LP	47
K-1 Exp THOROFARE FUND IV	552	552
K-1 Exp WESTLAKE CHEMICAL PART	2
State or Local Filing Fees	200		200

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

Stevens Family Foundation Inc

EIN:

46-1618021

Description	Revenue And Expenses Per Books	Net Investment Income
K-1 Inc/Loss CHENIERE ENERGY PARTNERS LP	-439	5
K-1 Inc/Loss ENERGY TRANSFER LP	-115	201
K-1 Inc/Loss ENTERPRISE PRODUCTS PARTNERS LP	-3,318	-34
K-1 Inc/Loss MARATHON SPS III OFF	32,544	32,544
K-1 Inc/Loss MPLX LP	-792	6
K-1 Inc/Loss SUNOCO LP	-151	7
K-1 Inc/Loss THOROFARE FUND IV	42	42
K-1 Inc/Loss WESTLAKE CHEMICAL PARTNERS LP	-1,261	6
PFIC INCOME FROM GOLUB CAPITAL PARTNERS	281,388	281,388
Sec 751 Gain on Sale WESTLAKE CHEMICAL PARTNERS LP	459
PFIC INCOME FROM GOLDEN TREE PRIV CREDIT	48,572	48,572
Sec 751 Gain on Sale Energy Transfer LP	386
sec 751 gain on sale enterprise products	494
sec 751 gain on sale cheniere energy par	134
sec 751 gain on sale MPLX LP	91

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

Stevens Family Foundation Inc

EIN:

46-1618021

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment Management Services	65,895	65,895

- TIN:

TY 2024 TaxesSchedule

Name:

Stevens Family Foundation Inc

EIN:

46-1618021

Category	Amount	Net Investment Income
990-PF Estimated Tax for 2024	13,200
990-PF Excise Tax for 2023	2,428
990-T Extension for 2023	4,300
Foreign Tax Paid	2,394	2,394
State Income Tax 2023	1,100