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
BUSSING-KOCH FOUNDATION INC
 
% Wilfred C Bussing III
Number and street (or P.O. box number if mail is not delivered to street address)2905 Bayard Park Drive
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Evansville, IN47714
A Employer identification number

35-1780862
B Telephone number (see instructions)

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$5,800,344J 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 8,513 8,513  
4 Dividends and interest from securities... 64,833 64,833  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
244,505
b Gross sales price for all assets on line 6a 672,227
7 Capital gain net income (from Part IV, line 2)... 237,422
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 317,851 310,768  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 0 0   0
b Accounting fees (attach schedule)....... 0 0   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
55,860 55,860   55,860
17 Interest............... 263 263   263
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,782 512   512
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
500 500   500
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 60,405 57,135   57,135
25 Contributions, gifts, grants paid....... 165,560 165,560
26 Total expenses and disbursements. Add lines 24 and 25 225,965 57,135   222,695
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 91,886
b Net investment income (if negative, enter -0-) 253,633
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............. 58,713 83,266 83,266
2 Savings and temporary cash investments......... 0 0 0
3 Accounts receivable right arrow0
Less: allowance for doubtful accounts right arrow0 0 0 0
4 Pledges receivable right arrow0
Less: allowance for doubtful accounts right arrow0 0 0 0
5 Grants receivable................. 0 0 0
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use.............. 0 0 0
9 Prepaid expenses and deferred charges.......... 0 0 0
10a Investments—U.S. and state government obligations (attach schedule) 136,877 Click to see attachment
List of Attached Documents:
// Content
134,923 		130,712
b Investments—corporate stock (attach schedule)....... 1,618,947 Click to see attachment
List of Attached Documents:
// Content
1,667,460 		4,787,380
c Investments—corporate bonds (attach schedule)....... 178,153 Click to see attachment
List of Attached Documents:
// Content
204,277 		196,637
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans............. 0 0 0
13 Investments—other (attach schedule).......... 377,209 Click to see attachment
List of Attached Documents:
// Content
377,211 		602,349
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) 2,369,899 2,467,137 5,800,344
Liabilities 17 Accounts payable and accrued expenses.......... 0 0
18 Grants payable................. 0 0
19 Deferred revenue................. 0 0
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 2,369,899 2,467,137
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 2,369,899 2,467,137
30 Total liabilities and net assets/fund balances (see instructions). 2,369,899 2,467,137
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
2,369,899
2
Enter amount from Part I, line 27a .....................
2
91,886
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
5,640
4
Add lines 1, 2, and 3 ..........................
4
2,467,425
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
288
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,467,137
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities - 26 sh. S T Microelectronics      
b Publicly Traded Securities - 4 sh. Disco Corp.      
c Publicly Traded Securities - 60 sh. Alphabet Inc.      
d Publicly Traded Securities - 1,825 sh. Pfizer Inc.      
e Publicly Traded Securities - 165 sh. Progressive Corp. Ohio      
Publicly Traded Securities - 35 sh. TE Connectivity      
Publicly Traded Securities - 45 sh. Apple Inc.      
Publicly Traded Securities - 20 sh. Berkshire Hathaway Inc. Class B      
Publicly Traded Securities - 40 sh. Carmax Inc.      
Publicly Traded Securities - 40 sh. Cisco Systems Inc.      
Publicly Traded Securities - 35 sh. Walt Disney Co.      
Publicly Traded Securities - 25 sh. Expeditors International Washington Inc.      
Publicly Traded Securities - 10 sh. Meta Platforms Inc.      
Publicly Traded Securities - 80 sh. Fastenol Co.      
Publicly Traded Securities - 0.25 sh. Vernova Inc.      
Publicly Traded Securities - 26 sh. Vernova Inc.      
Publicly Traded Securities - 45 sh. GE Aerospace      
Publicly Traded Securities - 25 sh. Home Depot Inc.      
Publicly Traded Securities - 50 sh. JP Morgan Chase & Co.      
Publicly Traded Securities - 35 sh. Johnson & Johnson      
Publicly Traded Securities - 30 sh. Microsoft Corp.      
Publicly Traded Securities - 5 sh. OReilly Automotive Inc.      
Publicly Traded Securities - 40 sh. Omnicom Group Inc.      
Publicly Traded Securities - 10 sh. Parker Hannifin Corp.      
Publicly Traded Securities - 50 sh. Progressive Corp. Ohio      
Publicly Traded Securities - 95 sh. Charles Schwab Corp.      
Publicly Traded Securities - 45 sh. TJX Cos. Inc.      
Publicly Traded Securities - 50 sh. US Bancorp      
Publicly Traded Securities - 15 sh. Union Pacific Corp.      
Publicly Traded Securities - 50 sh. Wells Fargo & Co.      
Publicly Traded Securities - 565 sh. Cisco Systems Inc.      
Publicly Traded Securities - 16.441 sh. Cohen & Steers Realty I      
Publicly Traded Securities - 465.785 sh. Dodge & Cox Income Fund      
Publicly Traded Securities - 108.916 sh. Seafarer Overseas Growth and Income Fund      
Publicly Traded Securities - 60.913 sh. Baillie Gifford Emerging Markets Fund      
Publicly Traded Securities - 272.259 sh. Calvert Emerging Markets Equity      
Publicly Traded Securities - 297.877 sh. Deutsche Real Assets Inst.      
Publicly Traded Securities - 77.394 sh. Fidelity 500 Index Fund      
Publicly Traded Securities - 525.988 sh. JP Morgan Trust I Equity Income R6      
Publicly Traded Securities - 1 sh. Vanguard Extended Market ETF      
Publicly Traded Securities - 667.102 sh. Doubleline Total Return Bond      
Publicly Traded Securities - 5.717 sh. Fidelity 500 Index Fund      
Publicly Traded Securities - 9 sh. Invesco ETF      
Publicly Traded Securities - 115 sh. Ishares Barclays Intermediate Govt. Credit Bond Fund      
Publicly Traded Securities - 1 sh. Vanguard Extended Market ETF      
Publicly Traded Securities - 10.132 sh. Baillie Gifford Emerging Markets      
Publicly Traded Securities - 13 sh. Ishares S&P Global Infrastructure Fund      
Publicly Traded Securities - 611.084 sh. Artisan High Income Inst. Mutual Fund      
Publicly Traded Securities - 12.897 sh. Baillie Gifford Emerging Markets Mutual Fund      
Publicly Traded Securities - 17.32 sh. Brown Advisory Sustainable Growth Fund      
Publicly Traded Securities - 16.561 sh. Fidelity 500 Index Fund      
Publicly Traded Securities - 140.46 sh. Grandeur Peak Intl. Stalwarts Mutual Fund      
Publicly Traded Securities - 15 sh. Invesco S&P 500 ETF      
Publicly Traded Securities - 102 sh. ESG Aware MSCI EAFE ETF      
Publicly Traded Securities - 101 sh. Vanguard Extended Market ETF      
Publicly Traded Securities - 130.985 sh. JP Morgan Small Cap Equity Fund #367      
Publicly Traded Securities - 166.039 sh. Vanguard Equity Income Adm. Fund #565      
Publicly Traded Securities - 14.779 sh. Vanguard Growth Index Adm. Fund #509      
Publicly Traded Securities - 1.764 sh. Vanguard 500 Index Adm. Fund #540      
Publicly Traded Securities - 2.845 sh. Victory Sycamore Established Value Fund #203      
Publicly Traded Securities - 35 sh. Ishares Global ETF      
Publicly Traded Securities - 15.135 sh. Oberweis Small Cap Opp. Instl.      
Publicly Traded Securities - 21.945 sh. Putnam Large Cap Value RG      
Publicly Traded Securities - 158.415 sh. Vanguard FTSE All World Ex-US Index Adm. Fund      
Publicly Traded Securities - 0.814 sh. Vanguard Growth Index Adm. Fund #509      
Publicly Traded Securities - 5.509 sh. Victory Sycamore Established Value Fund #203      
Publicly Traded Securities - 223 sh. Ishares Global ETF      
Publicly Traded Securities - 36.666 sh. Vanguard Intermediate Term Bond Fund #5314      
Publicly Traded Securities - 1.297 sh. Janus Henderson Enterprise      
Publicly Traded Securities - 0.168 sh. Putnam Large Cap Valu R6      
Publicly Traded Securities - 1.083 sh. Undiscovered Managers Behavioral Value      
Publicly Traded Securities - 0.700 sh. Vanguard 500 Index Adm. Fund #540      
Publicly Traded Securities - 1.207 sh. Victory Sycamore Established Value Fund #203      
Publicly Traded Securities - 104.458 sh. Vanguard Intermediate Term Bond Fund #5314      
Publicly Traded Securities - 0.151 sh. Janus Henderson Enterprise      
Publicly Traded Securities - 4.13 sh. Oberweis Small Cap Opp. Inst.      
Publicly Traded Securities - 2.706 sh. Putnam Large Cap Value RG      
Publicly Traded Securities - 1.113 sh. Undiscovered Managers Behavioral Fund      
Publicly Traded Securities - 3.924 sh. Vanguard Growth Index Adm. Fund #509      
Publicly Traded Securities - 2.507 sh. Vanguard 500 Intermediate Index Adm Fund #540      
Publicly Traded Securities - 136.318 sh. Vanguard Intermediate Term Bond Fund #5314      
Publicly Traded Securities - 21 sh. Applied Materials Inc.      
Publicly Traded Securities - 27 sh. Bank New York Mellon      
Publicly Traded Securities - 47 sh. Bank New York Mellon      
Publicly Traded Securities - 36 sh. Capital One Financial Corp.      
Publicly Traded Securities - 3 sh. Capital One Financial Corp.      
Publicly Traded Securities - 13 sh. Meta Platforms Inc.      
Publicly Traded Securities - 15 sh. Intel Corp.      
Publicly Traded Securities - 16 sh. Intel Corp.      
Publicly Traded Securities - 25 sh. Loews Corporation      
Publicly Traded Securities - 15 sh. JP Morgan Chase & Co.      
Publicly Traded Securities - 3 sh. JP Morgan Chase & Co.      
Publicly Traded Securities - 14 sh. JP Morgan Chase & Co.      
Publicly Traded Securities - 10 sh. Wells Fargo & Co.      
Publicly Traded Securities - 1 sh. Applied Materials Inc.      
Publicly Traded Securities - 25 sh. Applied Materials Inc.      
Publicly Traded Securities - 2 sh. Meta Platforms Inc.      
Publicly Traded Securities - 2 sh. Meta Platforms Inc.      
Publicly Traded Securities - 15 sh. American Express Co.      
Publicly Traded Securities - 26 sh. Bank New York Mellon      
Publicly Traded Securities - 3 sh. JP Morgan Chase & Co.      
Publicly Traded Securities - 8 sh. JP Morgan Chase & Co.      
Publicly Traded Securities - 22 sh. Wells Fargo & Co.      
Publicly Traded Securities - 39 sh. Bank New York Mellon      
Publicly Traded Securities - 4 sh. Bank New York Mellon      
Publicly Traded Securities - 11 sh. JP Morgan Chase & Co.      
Publicly Traded Securities - 16 sh. JP Morgan Chase & Co.      
Publicly Traded Securities - 7 sh. Wells Fargo & Co.      
Publicly Traded Securities - 20 sh. Wells Fargo & Co.      
Publicly Traded Securities - 13 sh. Wells Fargo & Co.      
Publicly Traded Securities - 4 sh. Wells Fargo & Co.      
Publicly Traded Securities - 15 sh. Wells Fargo & Co.      
Publicly Traded Securities - 5 sh. JP Morgan Chase & Co.      
Publicly Traded Securities - 9 sh. Wells Fargo & Co.      
Publicly Traded Securities - 14 sh. Wells Fargo & Co.      
Publicly Traded Securities - 7 sh. Wells Fargo & Co.      
Publicly Traded Securities - 25 sh. Wells Fargo & Co.      
Publicly Traded Securities - 6 sh. Wells Fargo & Co.      
Publicly Traded Securities - 20 sh. Amazon.com Inc.      
Publicly Traded Securities - 41 sh. Amazon.com Inc.      
Publicly Traded Securities - 51 sh. Bank New York Mellon Corp.      
Publicly Traded Securities - 15 sh. Bank New York Mellon      
Publicly Traded Securities - 4 sh. JP Morgan & Co.      
Publicly Traded Securities - 7 sh. JP Morgan Chase & Co.      
Publicly Traded Securities - 5 sh. JP Morgan Chase & Co.      
Publicly Traded Securities - 1 sh. Berkshire Hathaway Inc.      
Publicly Traded Securities - 20 sh. Berkshire Hathaway Inc.      
Publicly Traded Securities - 3 sh. Berkshire Hathaway Inc.      
Publicly Traded Securities - 24 sh. Bank New York Mellon Corp.      
Publicly Traded Securities - 10 sh. Bank New York Mellon Corp.      
Publicly Traded Securities - 10 sh. Bank New York Mellon Corp.      
Publicly Traded Securities - 23 sh. Bank New York Mellon Corp.      
Publicly Traded Securities - 5 sh. Capital One Financial Corp.      
Publicly Traded Securities - 4 sh. Capital One Financial Corp.      
Publicly Traded Securities - 3 sh. Meta Platforms Inc.      
Publicly Traded Securities - 24 sh. JP Morgan Chase & Co.      
Publicly Traded Securities - 8 sh. JP Morgan Chase & Co.      
Publicly Traded Securities - 46 sh. Wells Fargo & Co.      
Publicly Traded Securities - 173 sh. Intel Corp.      
Publicly Traded Securities - 21 sh. Bank New York Mellon Corp.      
Publicly Traded Securities - 67 sh. Bank New York Mellon Corp.      
Publicly Traded Securities - 77 sh. Intel Corp.      
Publicly Traded Securities - 119 sh. Intel Corp.      
Publicly Traded Securities - 5 sh. Wells Fargo & Co.      
Publicly Traded Securities - 88 sh. Wells Fargo & Co.      
Publicly Traded Securities - U.S. Treasury Notes 2.0% due 2 15 25      
Publicly Traded Securities - U.S. Treasury Notes 2.0% due 2 15 25      
Publicly Traded Securities - U.S. Treasury Notes 2.0% due 2 15 25      
Publicly Traded Securities - U.S. Treasury Notes 2.0% due 2 15 23      
Publicly Traded Securities - U.S. Treasury Notes 0.25% due 10 31 25      
Publicly Traded Securities - U.S. Treasury Notes 2.125% due 10 31 26      
Publicly Traded Securities - U.S. Treasury Notes 2.125% due 10 31 26      
Publicly Traded Securities - 4 sh. Advantest Corp.      
Publicly Traded Securities - 9 sh. Akzo Nobel      
Publicly Traded Securities - 37 sh. Daikin Industries      
Publicly Traded Securities - 10 sh. Daiwa House Industries      
Publicly Traded Securities - 16 sh. Disco Corp.      
Publicly Traded Securities - 27 sh. Engie      
Publicly Traded Securities - 17 sh. Engie      
Publicly Traded Securities - 20 sh. Legrand      
Publicly Traded Securities - 38 sh. Vonovia      
Publicly Traded Securities - 12 sh. Vonovia      
Publicly Traded Securities - 20 sh. Vonovia      
Publicly Traded Securities - 18 sh. Vonovia      
Publicly Traded Securities - 9 sh. Advantest Corp.      
Publicly Traded Securities - 19 sh. Advantest Corp.      
Publicly Traded Securities - 24 sh. HSBC Holdings      
Publicly Traded Securities - 3 sh. HSBC Holdings      
Publicly Traded Securities - 12 sh. HSBC Holdings      
Publicly Traded Securities - 4 sh. Novo Nordisk      
Publicly Traded Securities - 9 sh. Carlsberg      
Publicly Traded Securities - 18 sh. Carlsberg      
Publicly Traded Securities - 1 sh. Carlsberg      
Publicly Traded Securities - 9 sh. Carlsberg      
Publicly Traded Securities - 4 sh. Carlsberg      
Publicly Traded Securities - 11 sh. Daiwa House Industries      
Publicly Traded Securities - 20 sh. Daiwa House Industries      
Publicly Traded Securities - 1 sh. Daiwa House Industries      
Publicly Traded Securities - 2 sh. Daiwa House Industries      
Publicly Traded Securities - 39 sh. Engie      
Publicly Traded Securities - 9 sh. Engie      
Publicly Traded Securities - 20 sh. HSBC Holdings      
Publicly Traded Securities - 12 sh. Bandai Namco      
Publicly Traded Securities - 12 sh. Bandai Namco      
Publicly Traded Securities - 17 sh. Bandai Namco      
Publicly Traded Securities - 1 sh. Bandai Namco      
Publicly Traded Securities - 21 sh. Bandai Namco      
Publicly Traded Securities - 27 sh. Bandai Namco      
Publicly Traded Securities - 21 sh. Henkel AG & Co.      
Publicly Traded Securities - 9 sh. Henkel AG & Co.      
Publicly Traded Securities - 22 sh. AIA Group      
Publicly Traded Securities - 9 sh. Disco Corp.      
Publicly Traded Securities - 7 sh. Disco Corp.      
Publicly Traded Securities - 29 sh. Disco Corp.      
Publicly Traded Securities - 25 sh. Engie      
Publicly Traded Securities - 21 sh. Engie      
Publicly Traded Securities - 5 sh. Engie      
Publicly Traded Securities - 50 sh. Engie      
Publicly Traded Securities - 3 sh. Engie      
Publicly Traded Securities - 28 sh. Henkel AG & Co.      
Publicly Traded Securities - 17 sh. Thales      
Publicly Traded Securities - 2 sh. Adidas      
Publicly Traded Securities - 8 sh. Akzo Nobel      
Publicly Traded Securities - 15 sh. Sandvik      
Publicly Traded Securities - 4 sh. Akzo Nobel      
Publicly Traded Securities - 8 sh. Akzo Nobel      
Publicly Traded Securities - 13 sh. Akzo Nobel      
Publicly Traded Securities - 5 sh. Akzo Nobel      
Publicly Traded Securities - 11 sh. Akzo Nobel      
Publicly Traded Securities - 1 sh. ASM International      
Publicly Traded Securities - 20 sh. Legrand      
Publicly Traded Securities - 14 sh. Legrand      
Publicly Traded Securities - 17 sh. Legrand      
Publicly Traded Securities - 12 sh. Legrand      
Publicly Traded Securities - 4 sh. Merck KGAA      
Publicly Traded Securities - 26 sh. Merck KGAA      
Publicly Traded Securities - 8 sh. Merck KGAA      
Publicly Traded Securities - 9 sh. Merck KGAA      
Publicly Traded Securities - 5 sh. Sandvik      
Publicly Traded Securities - 9 sh. Sandvik      
Publicly Traded Securities - 21 sh. Sandvik      
Publicly Traded Securities - 13 sh. Sandvik      
Publicly Traded Securities - 39 sh. Siemers Healthineers      
Publicly Traded Securities - 7 sh. Siemers Healthineers      
Publicly Traded Securities - 201 sh. Zozo Inc.      
Publicly Traded Securities - 39 sh. Advantest Corp.      
Publicly Traded Securities - 7 sh. Capgemini      
Publicly Traded Securities - 13 sh. Covestro      
Publicly Traded Securities - 0.1 sh. DBS Group Holdings      
Publicly Traded Securities - 3 sh. SAP      
Publicly Traded Securities - 1 sh. ASM International      
Publicly Traded Securities - 28 sh. Covestro      
Publicly Traded Securities - 2 sh. Ryanair Holdings      
Publicly Traded Securities - 2 sh. Ryanair Holdings      
Publicly Traded Securities - 41 sh. Airbus      
Publicly Traded Securities - 14 sh. Airbus      
Publicly Traded Securities - 1 sh. ASM International      
Publicly Traded Securities - 31 sh. Roche Holdings      
Publicly Traded Securities - 17 sh. Roche Holdings      
Publicly Traded Securities - 8 sh. Roche Holdings      
Publicly Traded Securities - 6 sh. Roche Holdings      
Publicly Traded Securities - 20 sh. Roche Holdings      
Publicly Traded Securities - 0.2 sh. Air Liquide      
Publicly Traded Securities - 4 sh. Halma      
Publicly Traded Securities - 24 sh. BP      
Publicly Traded Securities - 2 sh. Icon      
Publicly Traded Securities - 33 sh. Recruit Holdings Co.      
Publicly Traded Securities - 4 sh. CRH      
Publicly Traded Securities - 2 sh. Chubb      
Publicly Traded Securities - 15 sh. Daikin Industries      
Publicly Traded Securities - 45 sh. ASICS Corp.      
Publicly Traded Securities - 20 sh. ASICS Corp.      
Publicly Traded Securities - 6 sh. Coca-Cola Europacific Partners      
Publicly Traded Securities - 17 sh. Daikin Industries      
Publicly Traded Securities - 14 sh. Daikin Industries      
Publicly Traded Securities - 16 sh. Daikin Industries      
Publicly Traded Securities - 13 sh. Daikin Industries      
Publicly Traded Securities - 9 sh. Nomura Resh Institutional      
Publicly Traded Securities - 3 sh. Rentokil Initial      
Publicly Traded Securities - 19 sh. Rentokil Initial      
Publicly Traded Securities - 8 sh. Rentokil Initial      
Publicly Traded Securities - 3 sh. Rentokil Initial      
Publicly Traded Securities - 6 sh. Rentokil Initial      
Publicly Traded Securities - 13 sh. Rentokil Initial      
Publicly Traded Securities - 10 sh. VAT Group      
Publicly Traded Securities - 2 sh. VAT Group      
Publicly Traded Securities - 8 sh. VAT Group      
Publicly Traded Securities - 21 sh. Continental      
Publicly Traded Securities - 31 sh. Continental      
Publicly Traded Securities - 51 sh. Continental      
Publicly Traded Securities - 43 sh. Renesas Electronics Corp.      
Publicly Traded Securities - 5 sh. Suncor Energy Inc.      
Publicly Traded Securities - 2 sh. Accenture      
Publicly Traded Securities - 1 sh. Accenture      
Publicly Traded Securities - 1 sh. Accenture      
Publicly Traded Securities - 8 sh. Adidas      
Publicly Traded Securities - 30 sh. BP      
Publicly Traded Securities - 390 sh. JD Sports Fashion      
Publicly Traded Securities - 27 sh. Mitsubishi Electric Corp.      
Publicly Traded Securities - 6 sh. Pernod Ricard      
Publicly Traded Securities - 14 sh. Asics Corp.      
Publicly Traded Securities - 6 sh. BP      
Publicly Traded Securities - 15 sh. BP      
Publicly Traded Securities - 5 sh. Nomura Resh. Institutional      
Publicly Traded Securities - 19 sh. Pernod Ricard      
Publicly Traded Securities - 10 sh. Pernod Ricard      
Publicly Traded Securities - 8 sh. Pernod Ricard      
Publicly Traded Securities - 6 sh. CRH      
Publicly Traded Securities - 18 sh. Compass Group      
Publicly Traded Securities - 1 sh. Suncor Energy Inc.      
Publicly Traded Securities - 9 sh. Suncor Energy Inc.      
Publicly Traded Securities - 15 sh. Coca-Cola Europacific Partners      
(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 904 0 1,170 -266
b 106 0 41 65
c 10,645 0 1,621 9,024
d 48,780 0 49,594 -814
e 34,987 0 4,053 30,934
5,317 0 1,259 4,058
8,579 0 664 7,915
8,290 0 3,674 4,616
2,814 0 2,439 375
1,902 0 958 944
3,614 0 3,508 106
2,932 0 973 1,959
4,694 0 2,348 2,346
5,327 0 1,682 3,645
42 0 48 -6
4,277 0 4,676 -399
7,234 0 8,130 -896
8,266 0 700 7,566
9,962 0 5,052 4,910
5,369 0 5,685 -316
12,863 0 874 11,989
4,969 0 916 4,053
3,796 0 2,553 1,243
5,449 0 3,248 2,201
10,350 0 860 9,490
7,357 0 4,949 2,408
4,590 0 349 4,241
2,047 0 1,669 378
3,514 0 1,442 2,072
3,041 0 1,334 1,707
56,454 0 20,320 36,134
978 0 1,003 -25
5,645 0 5,810 -165
1,350 0 1,368 -18
1,121 0 1,189 -68
4,272 0 4,556 -284
3,259 0 3,330 -71
13,328 0 12,075 1,253
12,187 0 11,656 531
163 0 149 14
5,670 0 5,917 -247
1,002 0 881 121
527 0 510 17
11,749 0 11,778 -29
165 0 149 16
206 0 198 8
735 0 682 53
5,622 0 5,316 306
266 0 252 14
1,028 0 894 134
3,479 0 2,621 858
2,393 0 2,393 0
1,030 0 849 181
8,110 0 7,540 570
20,359 0 15,087 5,272
6,983 0 6,533 450
13,960 0 14,106 -146
2,459 0 1,607 852
797 0 392 405
132 0 128 4
2,916 0 2,574 342
397 0 344 53
764 0 686 78
5,824 0 4,962 862
155 0 89 66
267 0 248 19
21,455 0 16,401 5,054
374 0 463 -89
195 0 175 20
6 0 5 1
95 0 89 6
365 0 268 97
63 0 54 9
1,115 0 1,319 -204
23 0 20 3
110 0 110 0
100 0 85 15
98 0 92 6
777 0 427 350
1,323 0 961 362
1,399 0 1,722 -323
3,593 0 818 2,775
1,492 0 829 663
2,597 0 1,434 1,163
4,829 0 2,815 2,014
402 0 316 86
6,078 0 2,192 3,886
642 0 746 -104
685 0 816 -131
1,826 0 1,121 705
2,629 0 930 1,699
526 0 185 341
2,499 0 863 1,636
520 0 416 104
209 0 39 170
5,216 0 844 4,372
1,043 0 337 706
1,044 0 200 844
3,591 0 1,156 2,435
1,492 0 793 699
596 0 185 411
1,549 0 493 1,056
1,266 0 915 351
2,198 0 1,190 1,008
225 0 147 78
2,110 0 678 1,432
3,154 0 986 2,168
426 0 291 135
1,217 0 913 304
791 0 569 222
243 0 212 31
913 0 774 139
989 0 308 681
526 0 465 61
818 0 880 -62
409 0 350 59
1,468 0 1,249 219
352 0 173 179
3,993 0 297 3,696
8,186 0 1,951 6,235
3,026 0 1,880 1,146
890 0 591 299
820 0 247 573
1,435 0 443 992
1,025 0 650 375
427 0 85 342
8,535 0 2,039 6,496
1,280 0 337 943
1,821 0 946 875
759 0 524 235
759 0 574 185
1,745 0 791 954
770 0 526 244
616 0 417 199
1,694 0 300 1,394
5,777 0 2,228 3,549
1,926 0 1,090 836
3,389 0 1,324 2,065
3,627 0 5,230 -1,603
1,606 0 723 883
5,123 0 2,720 2,403
1,614 0 3,926 -2,312
2,495 0 4,347 -1,852
351 0 144 207
6,186 0 2,253 3,933
1,944 0 1,944 0
1,944 0 2,033 -89
1,947 0 2,029 -82
1,947 0 1,958 -11
6,713 0 6,955 -242
6,777 0 7,027 -250
3,873 0 4,032 -159
154 0 126 28
232 0 312 -80
592 0 768 -176
313 0 182 131
439 0 163 276
427 0 401 26
269 0 248 21
391 0 427 -36
554 0 1,090 -536
175 0 228 -53
292 0 319 -27
262 0 233 29
414 0 284 130
831 0 600 231
924 0 809 115
115 0 100 15
462 0 483 -21
477 0 324 153
250 0 140 110
501 0 412 89
28 0 23 5
250 0 294 -44
111 0 136 -25
329 0 200 129
598 0 370 228
30 0 28 2
60 0 66 -6
599 0 568 31
138 0 134 4
770 0 560 210
106 0 164 -58
106 0 155 -49
150 0 228 -78
10 0 14 -4
206 0 259 -53
265 0 325 -60
405 0 439 -34
174 0 169 5
607 0 763 -156
314 0 92 222
244 0 69 175
1,018 0 287 731
380 0 344 36
347 0 376 -29
83 0 58 25
827 0 525 302
50 0 40 10
540 0 460 80
523 0 416 107
244 0 189 55
197 0 213 -16
312 0 297 15
98 0 139 -41
197 0 345 -148
319 0 550 -231
123 0 199 -76
270 0 328 -58
669 0 350 319
417 0 427 -10
292 0 306 -14
354 0 382 -28
250 0 212 38
132 0 110 22
856 0 810 46
263 0 320 -57
296 0 334 -38
104 0 98 6
187 0 190 -3
437 0 444 -7
271 0 328 -57
1,172 0 906 266
210 0 185 25
860 0 967 -107
1,288 0 1,235 53
310 0 247 63
348 0 372 -24
11 0 0 11
541 0 421 120
704 0 350 354
750 0 622 128
249 0 245 4
249 0 213 36
1,404 0 1,185 219
479 0 347 132
754 0 342 412
1,042 0 1,564 -522
572 0 910 -338
269 0 332 -63
202 0 245 -43
673 0 792 -119
7 0 0 7
266 0 194 72
839 0 614 225
668 0 454 214
391 0 213 178
311 0 336 -25
540 0 441 99
172 0 237 -65
740 0 196 544
345 0 87 258
444 0 332 112
195 0 353 -158
161 0 315 -154
184 0 248 -64
149 0 203 -54
268 0 252 16
75 0 86 -11
463 0 543 -80
195 0 231 -36
73 0 97 -24
152 0 193 -41
330 0 390 -60
506 0 486 20
101 0 97 4
406 0 393 13
121 0 206 -85
179 0 404 -225
295 0 553 -258
339 0 288 51
183 0 174 9
720 0 607 113
349 0 303 46
349 0 285 64
968 0 757 211
871 0 1,098 -227
690 0 643 47
844 0 762 82
177 0 214 -37
267 0 61 206
174 0 154 20
436 0 378 58
173 0 140 33
562 0 645 -83
296 0 370 -74
237 0 289 -52
602 0 505 97
612 0 371 241
40 0 35 5
356 0 357 -1
1,156 0 829 327
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       -266
b       65
c       9,024
d       -814
e       30,934
      4,058
      7,915
      4,616
      375
      944
      106
      1,959
      2,346
      3,645
      -6
      -399
      -896
      7,566
      4,910
      -316
      11,989
      4,053
      1,243
      2,201
      9,490
      2,408
      4,241
      378
      2,072
      1,707
      36,134
      -25
      -165
      -18
      -68
      -284
      -71
      1,253
      531
      14
      -247
      121
      17
      -29
      16
      8
      53
      306
      14
      134
      858
      0
      181
      570
      5,272
      450
      -146
      852
      405
      4
      342
      53
      78
      862
      66
      19
      5,054
      -89
      20
      1
      6
      97
      9
      -204
      3
      0
      15
      6
      350
      362
      -323
      2,775
      663
      1,163
      2,014
      86
      3,886
      -104
      -131
      705
      1,699
      341
      1,636
      104
      170
      4,372
      706
      844
      2,435
      699
      411
      1,056
      351
      1,008
      78
      1,432
      2,168
      135
      304
      222
      31
      139
      681
      61
      -62
      59
      219
      179
      3,696
      6,235
      1,146
      299
      573
      992
      375
      342
      6,496
      943
      875
      235
      185
      954
      244
      199
      1,394
      3,549
      836
      2,065
      -1,603
      883
      2,403
      -2,312
      -1,852
      207
      3,933
      0
      -89
      -82
      -11
      -242
      -250
      -159
      28
      -80
      -176
      131
      276
      26
      21
      -36
      -536
      -53
      -27
      29
      130
      231
      115
      15
      -21
      153
      110
      89
      5
      -44
      -25
      129
      228
      2
      -6
      31
      4
      210
      -58
      -49
      -78
      -4
      -53
      -60
      -34
      5
      -156
      222
      175
      731
      36
      -29
      25
      302
      10
      80
      107
      55
      -16
      15
      -41
      -148
      -231
      -76
      -58
      319
      -10
      -14
      -28
      38
      22
      46
      -57
      -38
      6
      -3
      -7
      -57
      266
      25
      -107
      53
      63
      -24
      11
      120
      354
      128
      4
      36
      219
      132
      412
      -522
      -338
      -63
      -43
      -119
      7
      72
      225
      214
      178
      -25
      99
      -65
      544
      258
      112
      -158
      -154
      -64
      -54
      16
      -11
      -80
      -36
      -24
      -41
      -60
      20
      4
      13
      -85
      -225
      -258
      51
      9
      113
      46
      64
      211
      -227
      47
      82
      -37
      206
      20
      58
      33
      -83
      -74
      -52
      97
      241
      5
      -1
      327
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 2 237,422
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 3 167,858
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 3,525
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 3,525
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 3,525
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 3,525
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,525
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 0
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$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIN
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 arrownone
14
The books are in care ofright arrowWilfred C Bussing III Telephone no.right arrow (812) 305-4356

Located atright arrow2905 Bayard Park DriveEvansvilleIN ZIP+4right arrow47714
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
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
 
No
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
Wilfred C Bussing III President
3.00 		0 0 0
9079 Blackberry Lane
Newburgh,IN47630
Marie A Bussing Vice President
1.00 		0 0 0
1524 Glen Eden Lane
Evansville,IN47715
Katherine K Bussing Secretary-Treasurer
0.00 		0 0 0
1533 Victoria Green Boulevard
Evansville,IN47715
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...................right arrow  
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
 
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)
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
4,860,905
b
Average of monthly cash balances.......................
1b
69,447
c
Fair market value of all other assets (see instructions)................
1c
592,500
d
Total (add lines 1a, b, and c).........................
1d
5,522,852
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
5,522,852
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
82,843
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,440,009
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
272,000
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
272,000
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
3,525
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
0
c
Add lines 2a and 2b............................
2c
3,525
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
268,475
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
268,475
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
268,475
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 Click to see attachment
List of Attached Documents:
// Content
..........
1a
222,695
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
222,695
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 7 268,475
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:2022, 2021, 2020 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 8,069
b From 2020...... 0
c From 2021...... 120,907
d From 2022...... 0
e From 2023...... 62,843
f Total of lines 3a through e ........ 191,819
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 222,695
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 222,695
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 45,780 45,780
(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 5 146,040
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 .......... 		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) ....... 		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 ...... 		146,040
10 Analysis of line 9:
a Excess from 2020.... 0
b Excess from 2021.... 83,197
c Excess from 2022.... 0
d Excess from 2023.... 62,843
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).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
YWCA of Evansville Inc


118 Vine Street
Evansville,IN47708 		  PC general operating expense 1,000
Young Mens Christian Association of


516 Court Street
Evansville,IN47708 		  PC general operating expense 2,000
Youth First Inc


111 S E Third Street
Suite 405
Evansville,IN47708 		  PC general operating expense 1,000
WNIN Tri-State Public Media Inc


2 Main Street
Evansville,IN47708 		  PC capital campaign 3,000
University of Notre Dame


400 Main Building
Notre Dame,IN46556 		  PC general operating expense 12,000
University of Notre Dame


400 Main Building
Notre Dame,IN46556 		  PC capital campaign 25,000
University of Evansville


1800 Lincoln Ave
Evansville,IN47722 		  PC capital campaign 75,000
United Way of Southwestern Indiana


318 Main Street
Suite 504
Evansville,IN47708 		  PC general operating expense 1,000
Tri-State Multiple Sclerosis Associ


971 C S Kenmore Drive
Evansville,IN47714 		  PC general operating expense 1,300
The Nature Consevancy


620 E Ohio Street
Indianapolis,IN46202 		  PC general operting expense 1,000
Sycamore Land Trust


4898 E Heritage Wood Road
Bloomington,IN47401 		  PC general operating expense 1,000
St Marys Health Foundation Inc


3700 Washington Avenue
Evansville,IN47714 		  PC capital campaign 17,885
St Meinrad Archabbey and School of


200 Hill Drive
St Meinrad,IN47577 		  PC capital campaign 10,000
St Joseph Catholic Church


6130 W St Joseph Road
Evansville,IN47720 		  PC Haitian mission 400
St Benedict Cathedral School


1328 Lincoln Avenue
Evansville,IN47714 		  PC general operating support 1,000
Reitz Memorial High School


1500 Lincoln Avene
Evansville,IN47714 		  PC general operating expense 2,500
Notre Dame Club of the Tri-State


2905 Bayard Park Drive
Evansville,IN47714 		  PC general operating expense 1,000
Lincoln School


635 Lincoln Avenue
Evansville,IN47713 		  GOV general operating expense 200
Knights of Columbus


520 S Bennighof Avenue
Evansville,IN47714 		  PC general operating expense 225
Jacob Ball Wish Fund Inc


P O Box 2057
Evansville,IN47728 		  PC general operating expense 1,000
Evansville-Vanderburgh Human Relati


1 N W Martin Luther King Blvd
Suite 209
Evansville,IN47708 		  GOV general operating expense 500
Evansville P47 Foundation Inc


20 N W Third Street
Suite 400
Evansville,IN47708 		  PC capital campaign 1,000
Evansville Police Department Founda


P O Box 3114
Evansville,IN47730 		  PC general operating expense 1,000
Evansville Catholic High Schools


520 S Bennighof Avenue
Evansville,IN47714 		  PC general operating expense 750
Evansville African-American Museum


P O Box 3124
Evansville,IN47731 		  PC general operating expense 300
Easter Seals Southwestern Indiana


3701 Bellemeade Avenue
Evansville,IN47714 		  PC general operating expense 500
Delta Research and Educational Foun


1703 New Hampshire Avenue NW
Washington,DC20009 		  PC general operating expense 500
Cystic Fibrosis Foundation


4550 Montgomery Avenue
Suite 1100 N
Bethesda,MD20814 		  PC general operating expense 500
Buffalo Trace Council BSA Inc


3501 E Lloyd Expressway
Evansville,IN47715 		  PC general operating expense 3,000
Total .................................right arrow 3a 165,560
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		  0 14 8,513 0
4 Dividends and interest from securities ....   0 14 64,833 0
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 ............ 		  0 14 244,505 0
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 317,851 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
317,851
(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: 24020569
Software Version: V2.0


Form 990PF - Special Condition Description:
Special Condition Description

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

TY 2024 GainLossSaleOtherAssetsSch
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
Blue Wave Capital & Consulting LLC 2019-07 Purchase 2024-08   3,811 0   0 3,811 0
LTCG Oberweis Small-Cap Opp Cl Inst 2024-12   1753-01   57 0   0 57 0
STCG Causeway Intl Value Instl Fund #1271 2024-12   1753-01   56 0   0 56 0
LTCG Causeway Intl Value Instl Fund 2024-12   1753-01   502 0   0 502 0
STCG Victory Sycamore Established Value Fund #203 2024-12   1753-01   94 0   0 94 0
LTCG Victory Sycamore Established Value Fund #203 2024-12   1753-01   716 0   0 716 0
STCG Undiscovered Managers Behavioral Value R6 2024-12   1753-01   61 0   0 61 0
LTCG Undiscovered Managers Behavioral Value R6 2024-12   1753-01   122 0   0 122 0
LTCG Putnam Large Cap Value R6 2024-12   1753-01   1,149 0   0 1,149 0
LTCG Janus Henderson Enterprise 2024-12   1753-01   515 0   0 515 0

TY 2024 InvestmentsCorpBondsSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Name of Bond End of Year Book Value End of Year Fair Market Value
Pfizer Investment Enter Sr. Unsecured 4.45% due 5 19 28 3,995 3,965
Bank of Montreal FX FLT Medium Term Note 0.949% due 1 22 27 4,941 4,802
Toronto-Dominion Bank Sr. Medium Term 0.75% due 1 6 26 6,990 6,734
Honda Motor Co. Ltd. Sr. Unsecured 2.281% due 3 10 25 4,000 3,981
Goldman Sachs Group Inc. FX FLT Sr. Unsecured 6.561% due 10 24 34 4,321 4,300
Bristol-Myers Squibb Co. Sr. Unsecured 2.95% due 3 15 32 4,048 3,483
Pepsico Inc. Sr. Unsecured 1.625% due 5 1 30 4,978 4,266
J.P. Morgan Chase & Co. Sr. Unsecured 6.087% due 10 23 29 4,179 4,149
AT&T Inc. Sr. Unsecured 1.65% due 2 1 28 6,991 6,265
Lockheed Martin Corp. Sr. Unsecured 5.10% due 11 15 27 3,993 4,062
CVS Health Corp. Sr. Unsecured 1.3% due 8 21 27 6,980 6,343
Visa Inc. Sr. Unsecured 1.9% due 4 15 27 4,986 4,728
Oracle Corp. Sr. Unsecured 1.65% due 3 25 26 3,998 3,856
The Walt Disney Co. Sr. Unsecured 1.75% due 1 13 26 4,987 4,867
Comcast Corp. Sr. Unsecured 3.95% due 10 15 25 3,995 3,979
McDonalds Corp. Medium Term Note 3.3% due 7 1 25 3,999 3,971
97 sh. Vanguard Short Term Bond ETF 7,392 7,495
110 sh. Ishares Barclays Intermediate Govt. Credit Bond Fund 0 0
159.009 sh. Guggenheim Limited Duration Instl. 3,825 3,880
439.923 sh. Doubleline Total Return Bond I 3,896 3,814
304.631 sh. Dodge & Cox Income Fund 3,815 3,771
703.888 sh. Blackrock Funds II Strg. Opp. Instl. 6,736 6,666
1,832.571 sh. Baird Funds Inc. Intermediate Bond Instl. 18,541 18,820
574.983 sh. Artisan High Income Fund 0 0
1,745.675 sh. Vanguard Intermediate Term Bond Index Adm. Fund #5314 19,233 17,684
3,678.433 sh. Vanguard Short Term Bond Index Adm. Fund #5231 37,858 37,263
2,153.628 sh. PIMCO Moderate Duration Institutional Fund #120 25,600 23,493

TY 2024 InvestmentsCorpStockSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Name of Stock End of Year Book Value End of Year Fair Market Value
1,825 sh. Pfizer Inc. 0 0
1,005 sh. Cisco Systems Inc. 0 0
645 sh. Microsoft Corp. 18,602 271,867
1,065 sh. Apple Inc. 15,722 266,697
855 sh. TE Connectivity Ltd. 28,927 122,239
830 sh. Johnson & Johnson 72,397 120,035
1,310 sh. Wells Fargo & Co. 34,163 92,014
1,200 sh. U.S. Bancorp 37,145 57,396
2,280 sh. Charles Schwab Corp. 89,440 168,743
1,210 sh. Progressive Corp. 20,682 289,928
1,150 sh. JP Morgan Chase & Co. 53,863 275,667
505 sh. Berkshire Hathaway Inc. Class B 56,476 228,906
1,080 sh. TJX Cos. Inc. 8,381 130,475
123 sh. OReilly Automotive Inc. 22,524 145,853
575 sh. Home Depot Inc. 15,954 223,669
890 sh. Carmax Inc. 58,955 72,766
1,025 sh. Omnicom Group Inc. 47,056 88,191
360 sh. Meta Platforms Inc. 111,812 210,784
890 sh. The Walt Disney Co. 29,996 99,102
1,440 sh. Alphabet Inc. Capital Stock Class C 38,778 274,234
295 sh. Union Pacific Corp. 28,361 67,272
250 sh. Parker Hannifin Corp. 74,147 159,008
1,020 sh. GE Aerospace 77,115 170,126
605 sh. GE Vernova Inc. 65,802 199,003
1,885 sh. Fastenol Co. 39,048 135,550
620 sh. Expeditors International Washington Inc. 22,914 68,677
291.336 sh. Vanguard FTSE All-World Ex-US Index Fund #570 9,247 10,392
180.649 sh. Driehaus Emerging Markets Instl. Fund #23 5,245 6,697
78.932 sh. Undiscovered Managers Behavioral Value R6 Fund 6,471 6,652
172.602 sh. Victory Sycamore Established Value Fund #203 6,234 7,933
61.967 sh. Janus Henderson Enterprise Fund #102 6,656 8,915
159.669 sh. Vanguard 500 Index Adm. Fund #540 42,388 86,662
117.951 sh. Vanguard Growth Index Adm. Fund #509 12,901 24,914
166.039 sh. Vanguard Equity Income Adm. Fund #565 0 0
258 sh. Ishares Global 100 ETF 0 0
130.985 sh. JP Morgan Small Cap Equity Fund #367 0 0
465.753 sh. Mainstay Pinestone International Equity R6 8,050 7,587
423.062 sh. Causeway International Value Instl. Fund #1271 8,692 7,852
279.759 sh. Oberweis Small Cap Opp. 6,380 7,310
588 sh. Putnam Large Cap Value R6 18,392 20,286
101 sh. Vanguard Extended Market ETF 0 0
525.988 sh. J.P. Morgan Trust I Equity Income R6 0 0
100 sh. ESG Aware MSCI ETF 0 0
126.663 sh. Grandeur Peak Intl. Stalwarts 0 0
331.970 sh. Seafarer Overseas GR and Income Institutional Shares 4,107 3,858
245.141 sh. Fidelity 500 Index Fund Inst. Premium 37,776 50,055
144.583 sh. Fidelity International Index Fund 6,585 6,874
272.259 sh. Calvert Emerging Markets Equity R6 0 0
432.948 sh. Brown Advisory Sustainable Growth Fund Inst. 19,973 23,860
186.153 sh. Baillie Gifford Emerging Markets K 3,593 3,569
108.680 sh. Allspring Special Mid Cap Value Fund 5,818 5,187
100.340 sh. MFS International Equity Fund 3,572 3,394
94 sh. Ishares Core MSCI EMK ETF 5,183 4,909
375 sh. Invesco ETF TR S&P 500 Quality ETF 21,225 25,136
29.571 sh. Fidelity Extended Market Index Fund 2,858 2,687
67.059 sh. Dodge & Cox Intl. Stock Fund 3,572 3,346
68.783 sh. Conestoga Funds Small Cap Instl. 5,818 5,468
54 sh. 3I Group 1,095 1,220
201 sh. Zozo Inc. 0 0
88 sh. Vonovia 0 0
13 sh. VAT Group 664 490
128 sh. Universal Music Group 1,406 1,633
76 sh. Unilever 3,756 4,309
20 sh. Tokyo Electron 1,858 1,510
59 sh. Thales 1,502 1,686
24 sh. Techtronic Industries 1,564 1,575
50 sh. Symrise 1,534 1,321
28 sh. Suzuki Motor Corp. 1,369 1,261
45 sh. Suncor Energy Inc. 1,204 1,605
46 sh. Siemens Healthineers 0 0
23 sh. Siemens 2,185 2,224
76 sh. Shin-Etsu Chemical 1,450 1,255
8 sh. SAP 1,123 1,970
63 sh. Sandvik 0 0
80 sh. Sampo 1,590 1,619
40 sh. Ryanair Holdings 1,433 1,744
82 sh. Roche Holdings 0 0
119 sh. Renesas Electronics Corp. 842 753
98 sh. Relx 2,488 4,451
87 sh. Recruit Holdings Co. 560 1,215
186 sh. Puma 878 843
43 sh. Pernod-Ricard 0 0
37 sh. Novo Nordisk 3,362 3,183
78 sh. Nordea Bank 913 849
60 sh. Nomura Resh. Instl. 1,298 1,352
122 sh. Nitori Holdings Co. 1,736 1,444
121 sh. Nippon Sanso Holdings 1,784 1,656
14 sh. MTU Aero Engines 1,637 2,320
562 sh. Mizuho Financial Group 2,357 2,748
53 sh. Mitsui Fudosan Co. 1,478 1,270
47 sh. Merck KGAA 0 0
53 sh. London Stock Exchange Group 1,395 1,892
83 sh. Legrand 0 0
47 sh. KBC Groep 1,561 1,813
21 sh. James Hardie Industries 860 647
119 sh. ING Groep 1,537 1,865
23 sh. IMCD Group 1,717 1,708
6 sh. Icon 1,443 1,258
59 sh. HSBC Holdings 0 0
14 sh. Hoya Corporation 1,467 1,736
59 sh. Hexagon 584 558
58 sh. Henkel AG & Co. 0 0
17 sh. Halma 1,306 1,644
42 sh. Gildan Activewear Inc. 1,585 1,976
117 sh. Fanuc Corp. 1,669 1,526
45 sh. Experian 1,777 1,923
87 sh. Epiroc Aktiebolag 1,633 1,510
194 sh. Engie 0 0
7 sh. DSV 747 743
27 sh. Disco Corporation 708 717
9 sh. Diploma 1,614 1,921
12 sh. DBS Group Holdings 634 1,536
11 sh. Daiwa House Industries 0 0
97 sh. Daikin Industries 0 0
44 sh. Croda International 1,181 923
9 sh. CRH 693 832
41 sh. Covestro 0 0
108 sh. Continental 849 714
76 sh. Compass Group 1,591 2,553
151 sh. Compagnie Financiere Richemont 2,051 2,292
21 sh. Coca-Cola Europacific Partners 0 0
5 sh. Chubb 1,104 1,381
41 sh. Carlsberg 0 0
62 sh. Capgemini SE 2,424 2,012
34 sh. Bureau Veritas 2,052 2,050
91 sh. BP 0 0
139 sh. Bankinter 1,124 1,087
90 sh. Bandai Namco Unsponsored ADR Holdings Inc. 0 0
25 sh. Astrazeneca 1,970 1,638
4 sh. ASML Holding 2,789 2,772
1 sh. ASM International 423 569
69 sh. ASICS Corporation 301 1,359
10 sh. AON 1,586 3,592
58 sh. Akzo Nobel NV 0 0
55 sh. Airbus 0 0
83 sh. Air Liquide 2,413 2,677
53 sh. AIA Group 1,966 1,527
32 sh. Advantest Corp. 0 0
15 sh. Adidas 1,798 1,827
53 sh. ABB 1,355 2,847
100 sh. KAO Corp. 813 808
272 sh. Wells Fargo & Co. 8,328 19,105
2,008 sh. Viatris Inc. 24,963 25,000
323 sh. U.S. Bancorp 12,892 15,449
86 sh. Tyson Foods Inc. 5,218 4,940
99 sh. Texas Instruments Inc. 7,225 18,563
265 sh. Teck Resources Class B 7,286 10,740
129 sh. Solventum Corp. 8,078 8,522
56 sh. Quest Diagnostics Inc. 5,901 8,448
73 sh. Owens Corning Inc. 6,415 12,433
17 sh. Microsoft Corp. 531 7,166
576 sh. MGM Resorts International 23,669 19,958
55 sh. Meta Platforms Inc. 5,087 32,203
7 sh. Markel Group Inc. 8,565 12,084
25 sh. Loews Corporation 0 0
123 sh. J.P. Morgan Chase & Co. 0 0
227 sh. Intel Corp. 0 0
74 sh. IAC Inc. 5,363 3,876
66 sh. Humana Inc. 23,312 16,745
71 sh. Darling Ingredients Inc. 4,665 2,392
348 sh. CVS Health Corporation 18,068 15,622
51 sh. ConocoPhillips 5,643 5,058
44 sh. Cigna Corp. 10,393 12,150
31 sh. Chubb 3,342 8,565
199 sh. Capital One Financial Corp. 14,966 35,486
70 sh. Berkshire Hathaway Inc. Class B 9,426 31,730
364 sh. Bank of New York Mellon Corp. 0 0
164 sh. Applied Materials Inc. 10,984 26,671
13 sh. American Express Company 0 0
128 sh. Amazon.com Inc. 11,273 28,082
124 sh. Alphabet Inc. Voting Capital Stock Class A 7,102 23,473
56 sh. AGCO Corp. 5,983 5,235

TY 2024 InvestmentsGovtObligationsSch
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
US Government Securities - End of Year Book Value:

134,923
US Government Securities - End of Year Fair Market Value:

130,712
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Deutsche Real Assets Inst. AT COST 0 0
Abbey Cap. Multi AT COST 2,042 2,028
Goldman Sachs AT COST 1,880 1,986
Lincoln Boyhood Drama Association Inc. loan AT COST 255,000 255,000
Blue Wave Capital & Consulting LLC AT COST 112,500 337,500
Ishares S&P GI AT COST 2,889 2,927
Cohen & Steers AT COST 2,900 2,908

TY 2024 OtherDecreasesSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Description Amount
Wells Fargo Special Account B basis adjustment 288


TY 2024 OtherExpensesSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Indiana Philanthropy Alliance 500 500 0 500


TY 2024 OtherIncreasesSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Description Amount
Wells Fargo securities litigation settlement 52
Wells Fargo Special Account B basis adjustment 48
General Electric Co. basis adjustment 5,540


TY 2024 OtherProfessionalFeesSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Fifth Third Bank agency fees 2,361 2,361 0 2,361
Old National Trust Co. agency fees 2,692 2,692 0 2,692
Morgan Stanley fees 375 375 0 375
Baird Trust Company agency fees 34,487 34,487 0 34,487
Wells Fargo Special Account G, agency fees 10,410 10,410 0 10,410
Wells Fargo Special Account C, agents' fees 140 140 0 140
Wells Fargo Special Account C, agency fees 2,749 2,749 0 2,749
Wells Fargo Special Account B, agency fees 2,646 2,646 0 2,646


TY 2024 TaxesSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Tax on 2023 Net Invesment Income 3,270 0 0 0
Foreign taxes 512 512 0 512