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.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
Alden and Vada Dow Fund
 
Number and street (or P.O. box number if mail is not delivered to street address) 315 Post Street
  Room/suite
City or town
Midland
State or province
MI
Country  
ZIP or foreign postal code
48640
A Employer identification number

38-6058512
B Telephone number (see instructions)

9898397441
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$18,379,379J 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) 30,000
2 Check .................
3 Interest on savings and temporary cash investments 133,116 133,116  
4 Dividends and interest from securities... 297,166 297,166  
5a Gross rents............ 32,500 32,500  
b Net rental income or (loss) 24,481
6a Net gain or (loss) from sale of assets not on line 10 319,691
b Gross sales price for all assets on line 6a 2,653,779
7 Capital gain net income (from Part IV, line 2)... 319,691
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........ 812,473 782,473  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 64,516 0   64,516
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 21,508 0   21,508
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
432 432   0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,195 11,195   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
49,410 49,410   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
17,121 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
8,019 8,019  
20 Occupancy.............. 42,595 42,595   0
21 Travel, conferences, and meetings....... 936 936   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
23,355 8,700   14,655
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 239,087 121,287   100,679
25 Contributions, gifts, grants paid....... 770,000 770,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,009,087 121,287   870,679
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -196,614
b Net investment income (if negative, enter -0-) 661,186
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 587,891 945,802 945,802
3 Accounts receivable 3,112
Less: allowance for doubtful accounts   1,723 3,112 3,112
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) 1,486,671 Click to see attachment
List of Attached Documents:
// Content
1,689,240 		1,717,382
b Investments—corporate stock (attach schedule)....... 6,807,236 Click to see attachment
List of Attached Documents:
// Content
6,298,979 		13,514,110
c Investments—corporate bonds (attach schedule)....... 1,838,351 Click to see attachment
List of Attached Documents:
// Content
1,587,408 		1,616,037
11 Investments—land, buildings, and equipment: basis 557,653
Less: accumulated depreciation (attach schedule) 241,768 315,168 Click to see attachment
List of Attached Documents:
// Content
315,885 		582,936
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 11,037,040 10,840,426 18,379,379
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances 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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 11,037,040 10,840,426
29 Total net assets or fund balances (see instructions)..... 11,037,040 10,840,426
30 Total liabilities and net assets/fund balances (see instructions). 11,037,040 10,840,426
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
11,037,040
2
Enter amount from Part I, line 27a .....................
2
-196,614
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
10,840,426
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
10,840,426
Form 990-PF (2025)
Form 990-PF (2025)
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 Manteio Managed Futures Strategy I P 2025-01-16 2025-12-09
b T Rowe Price Institutional Floating Rate Fund P 2025-01-03 2025-12-09
c T Rowe Price Institutional Floating Rate Fund P 2025-06-24 2025-12-09
d WCM Focused International Growth Fund P 2024-12-06 2025-01-16
e Booking Holdings Inc P 2024-03-11 2025-08-22
Dollar Gen Corp P 2024-03-11 2025-09-30
iShares Core MSCI Emerging Market P 2023-10-18 2025-12-09
iShares Core MSCI Emerging Market P 2023-10-18 2025-06-10
iShares Core MSCI Emerging Market P 2023-10-18 2025-02-19
iShares Core MSCI Emerging Market P 2023-10-18 2025-01-16
Ishares S&P Midcap 400 Growth ETF P 2023-10-18 2025-02-19
Ishares S&P Midcap 400 Growth ETF P 2023-10-18 2025-01-16
Ishares S&P Smallcap 600 Growth ETF P 2023-10-18 2025-02-19
Ishares S&P Smallcap 600 Growth ETF P 2023-10-18 2025-01-16
Ishares Tr S & P Midcap Value Index P 2023-10-18 2025-02-19
Ishares Tr S & P Midcap Value Index P 2023-10-18 2025-01-16
Ishares Tr S & P Smallcap Value Index P 2023-10-18 2025-02-19
Ishares Tr S & P Smallcap Value Index P 2023-10-18 2025-01-16
Keurig Dr Pepper Inc P 2024-03-12 2025-11-15
Netapp Inc P 2024-03-11 2025-06-22
Pear Tree Polaris Foreign Value Fund R6 P 2023-06-07 2025-01-16
Pear Tree Polaris Foreign Value Fund R6 P 2023-06-07 2025-02-19
Vanguard Developed Markets Index Fund P 2017-04-20 2025-12-09
Vanguard S&P 500 ETF P 2015-05-28 2025-02-19
Vanguard S/T Inflation Protected Sec Admiral P 2023-06-07 2025-01-03
Vanguard S/T Inflation Protected Sec Admiral P 2023-06-28 2025-01-03
Vanguard S/T Inflation Protected Sec Admiral P 2024-03-08 2025-03-19
Verizon Communications Inc P 2024-03-11 2025-03-31
WCM Focused International Growth Fund P 2023-06-07 2025-01-16
WCM Focused International Growth Fund P 2023-06-07 2025-02-19
WCM Focused International Growth Fund P 2023-12-06 2025-02-19
(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 89,735   100,000 -10,265
b 53,602   54,000 -398
c 100,000   100,000 0
d 24,406   25,653 -1,247
e 101,306   99,218 2,088
100,000   96,888 3,112
15,066   10,513 4,553
75,330   59,746 15,584
199,784   169,991 29,793
486,148   438,213 47,935
15,427   11,843 3,584
51,631   39,334 12,297
13,951   10,807 3,144
66,185   51,552 14,633
17,999   13,821 4,178
71,904   55,385 16,519
10,050   8,016 2,034
76,245   60,554 15,691
100,000   97,037 2,963
100,000   95,704 4,296
115,000   113,276 1,724
97,135   91,724 5,411
12,486   7,923 4,563
177,025   61,291 115,734
25,515   25,000 515
28,043   27,500 543
110,793   107,000 3,793
97,368   95,706 1,662
90,594   88,929 1,665
129,480   116,071 13,409
1,571   1,393 178
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       -10,265
b       -398
c       0
d       -1,247
e       2,088
      3,112
      4,553
      15,584
      29,793
      47,935
      3,584
      12,297
      3,144
      14,633
      4,178
      16,519
      2,034
      15,691
      2,963
      4,296
      1,724
      5,411
      4,563
      115,734
      515
      543
      3,793
      1,662
      1,665
      13,409
      178
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 2 319,691
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 9,190
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 9,190
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 9,190
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 17,017
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 17,017
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....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 7,827
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax7,827 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 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)
MI
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 2025 or the taxable year beginning in 2025? 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 addresswww.avdowfamilyfoundation.org
14
The books are in care ofMr Rudy Radosa Telephone no. (989) 839-7444

Located at315 Post StreetMidlandMI ZIP+448640
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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 ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Michael Lloyd Dow Trustee
1.00 		0 0 0
7232 Boyne City Road
Charlevoix,MI49720
Bonnie Kendall Mills Treasurer/Trustee
1.00 		0 0 0
4702 Shadow Lane
Austin,TX78731
Michael Lorence Dow President/Trustee
1.00 		0 0 0
1977 W Outer Drive
Traverse City,MI49684
Christopher B Mills Secretary
1.00 		0 0 0
2304 Janin Way
Solvang,CA93463
Barbara Dow Carras Trustee
1.00 		0 0 0
2301 W Sugnet Rd
Midland,MI48640
John Carras Trustee
1.00 		0 0 0
3701 Valley Drive
MIdland,MI48640
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
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
15,818,660
b
Average of monthly cash balances.......................
1b
1,256,380
c
Fair market value of all other assets (see instructions)................
1c
582,936
d
Total (add lines 1a, 1b, and 1c).......................
1d
17,657,976
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
17,657,976
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
264,870
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
17,393,106
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
869,655
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
869,655
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
9,190
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,190
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
860,465
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
860,465
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
860,465
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, line 26, column (d) ..........
1a
870,679
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
870,679
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 860,465
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023...... 125,694
e From 2024...... 15,002
f Total of lines 3a through e ........ 140,696
4Qualifying distributions for 2025 from Part
XI, line 4: $ 870,679
a Applied to 2024, 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) ........ 		0
d Applied to 2025 distributable amount..... 860,465
e Remaining amount distributed out of corpus 10,214
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 150,910
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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		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 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		150,910
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 .... 125,694
d Excess from 2024 .... 15,002
e Excess from 2025 .... 10,214
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c 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 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, 2b, 2c, and 2d. 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 (2025)
Form 990-PF (2025)
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

Alden and Vada Dow Creativity Foundation

315 Post Street
Midland,MI48640 		None   Operating 12,700

Bay Area Women's Center

3411 E Midland Road
Bay City,MI48706 		None   Operating 23,000

Big Brothers Big Sisters of the Great Lakes Bay Region

2200 N Saginaw Road
Midland,MI48640 		None   Operating 30,000

CAN Council Great Lakes Bay Region

1311 N Michigan Ave
Saginaw,MI48602 		None   Operating 30,000

Chemical City Band

333 W Ellsworth Street
Midland,MI48640 		None   Operating 3,300

Child & Family Services of Saginaw

2838 Automotive Centre Rd
Saginaw,MI48603 		None   Operating 27,000

Chippewa Nature Center

400 S Badour Rd
Midland,MI48640 		None   Operating 18,000

Family and Children's Services

2806 Davenport Ave
Saginaw,MI48602 		None   Operating 36,000

Great Lakes Discovery Ctr & Pier

13271 S W Bay Shore Dr
Traverse City,MI49684 		None   Operating 15,000

Greater Midland Coleman Family Center

4839 N Coleman
Coleman,MI48618 		None   Operating 28,000

Greater Midland North Family Center

2601 E Shearer Rd
Midland,MI48642 		None   Operating 28,000

Hidden Harvest

940 E Genesee Ave 2
Saginaw,MI48607 		None   Operating 20,000

Iosco County Coats for Kids

1111 W Lake St
Tawas City,MI48763 		None   Operating 8,000

Inland Seas Education Association

100 Dame Street
Suttons Bay,MI49682 		None   Operating 22,000

Interlochen Arts Academy

4000 Highway M-137
Interlochen,MI48643 		None   Operating 45,000

Japanese Cultural Center

527 Ezra Rust Dr
Saginaw,MI48601 		None   Operating 7,000

The Legacy Center

2417 Abbott Rd
Midland,MI48642 		None   Operating 26,000

Muskegon Community College Foundation

221 S Quarterline Road
Muskegon,MI49442 		None   Operating 10,000

New Dimensions

1801 Jarman St
Essexville,MI48732 		None   Operating 10,000

Northern Michigan Assessment Center

112 S 4th St
Roscommon,MI48653 		None   Operating 21,000

Planned Parenthood of MI

PO Box 3673
Ann Arbor,MI48106 		None   Operating 35,000

Rayola Inc

3048 Curtis Ct
West Branch,MI48661 		None   Operating 8,000

Respite Volunteers of Shiawassee

710 W King Street
Owosso,MI48867 		None   Operating 15,000

River House Inc

PO Box 661
Grayling,MI49738 		None   Operating 23,000

Shelterhouse - Council of Domestic Violence

2500 Waldo Ave
Midland,MI48642 		None   Operating 28,000

Studio 23The Arts Center

901 N Water St
Bay City,MI48708 		None   Operating 14,000

Teenage Musicals

PO Box 1563
Midland,MI48641 		None   Operating 6,000

The ARC of Midland County

2602 Louanna St
Midland,MI48640 		None   Operating 25,000

The ARC of Shiawassee

215 N Water St
Owosso,MI48867 		None   Operating 15,000

The Little Forks Conservancy

125 McDonald St
Midland,MI48640 		None   Operating 25,000

Underground Railroad

5647 State Street
Saginaw,MI48603 		None   Operating 22,000

West Midland Family Center

4011 W Isabella Rd
Shepherd,MI48883 		None   Operating 30,000

First Baptist Church

915 E Sugnet Rd
Midland,MI48642 		None   Operating 10,000

GRACE

6459 W M-72 Hwy
Grayling,MI49738 		None   Operating 23,000

Imagination Library

3917 Jefferson Avenue
Midland,MI48640 		None   Operating 5,000

MyMichigan Health Foundation

4000 Wellness Dr
Midland,MI48640 		None   Operating 30,000

Raven Hill Discovery Center

4737 Fuller Rd
East Jordan,MI49727 		None   Operating 20,000

The Rock Center for Youth Development

6021 Eastman Ave
Midland,MI48640 		None   Operating 16,000
Total ................................. 3a 770,000
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 133,116  
4 Dividends and interest from securities ....     14 297,166  
5 Net rental income or (loss) from real estate:
aDebt-financed property......     16 24,481  
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 ............ 		    18 319,691  
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) .. 0 774,454 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
774,454
(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 (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only 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 (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
Alden and Vada Dow Fund
EIN:
38-6058512
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax preparation and accounting fees 11,195 11,195   0

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

TY 2025 DepreciationSchedule
Name:
Alden and Vada Dow Fund
EIN:
38-6058512
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
105 Post Street bldg 1992-12-26 84,000 84,000 SL 27.500000000000 0 0    
105 Post Street land 1992-12-26 21,000   L   0 0    
1136 W. Main bldg 1992-12-26 67,360 67,360 SL 27.500000000000 0 0    
1136 W. Main land 1992-12-26 16,840   L   0 0    
115 Post Street land 1992-12-26 19,600   L   0 0    
1136 W Main Hardwire smoke detectors 2010-09-09 789 411 SL 27.500000000000 29 29    
Computer equipment 2010-12-22 1,777 1,777 SL 5.000000000000 0 0    
105 Post - Boiler 2010-05-26 4,263 2,260 SL 27.500000000000 155 155    
1136 W. Main St. - carpeting 2010-04-07 1,844 989 SL 27.500000000000 67 67    
105 Post - Concrete ramp/handrail ADA Revisio 2010-09-09 21,550 11,233 SL 27.500000000000 784 784    
105 Post Carpeting 2011-06-09 3,050 1,502 SL 27.500000000000 111 111    
Fridgerator 2011-08-12 303 303 200DB 5.000000000000 0 0    
105 Post St. Roof 2013-07-16 22,328 9,303 SL 27.500000000000 812 812    
Roof Replacement - 1136 2014-10-20 11,209 4,144 SL 27.500000000000 408 408    
New Flooring 2017-10-12 8,350 8,350 SL 15.000000000000 0 0    
202 Post St. Land 2017-12-29 56,000   L   0 0    
202 Post St Building 2017-12-29 154,183 27,838 SL 39.000000000000 3,953 3,953    
New Slant Steam Boiler Installed 1136 Main St 2018-11-19 5,700 1,261 SL 27.500000000000 207 207    
Resurface driveway at 202 Post St 2018-09-20 1,898 304 SL 39.000000000000 49 49    
Resurface driveway 202 post street 2018-10-09 2,450 393 SL 39.000000000000 63 63    
Gas Range for 202 Post Street 2019-11-18 483 483 200DB 7.000000000000 0 0    
New Roof 105 Post St. 2020-04-30 9,300 9,300 SL 15.000000000000 0 0    
Toilet Installation 1136 W Main St 2020-07-10 475 77 SL 27.500000000000 17 17    
Garage Major Repair 202 Post Street 2021-06-22 6,384 822 SL 27.500000000000 232 232    
New Rear Door - 202 Post Street 2022-06-10 1,927 178 SL 27.500000000000 70 70    
Water Heater - 1136 W. Main St. 2022-08-29 1,510 130 SL 27.500000000000 55 55    
Lennox Furnace - 202 Post Street 2022-12-28 4,500 334 SL 27.500000000000 164 164    
New Roof - 202 Post Street 2023-08-25 19,840 992 SL 27.500000000000 721 721    
105 Post St - replacement furnace 2025-03-04 2,842   SL 27.500000000000 86 86    
1136 W Main St - new boiler expansion 2025-10-27 5,900   SL 27.500000000000 36 36    

TY 2025 InvestmentsCorpBondsSchedule
Name:
Alden and Vada Dow Fund
EIN:
38-6058512
Name of Bond End of Year Book Value End of Year Fair Market Value
Ventas Rlty Ltd Partnership 97,836 99,989
Nextera Energy Cap Hldgs Inc 99,584 100,062
American Express Co 101,899 103,449
DTE Energy Co 99,302 101,763
Fedex Corp 97,255 99,512
Duke Energy Corp 99,380 102,078
RTX Corporation 102,847 104,642
Wells Fargo & Co 4.15% 96,813 100,287
Southern Co 101,675 103,871
Morgan Stanley 100,445 102,721
AT&T Inc 96,536 100,208
JPMorgan Chase & Co 98,599 102,078
Vanguard S/T Inflation Protected Sec 48,500 47,920
Pepsico Inc 100,592 101,104
Consumers Energy Co 101,097 101,188
Janus henderson AAA CLO ETF 145,048 145,165

TY 2025 InvestmentsCorpStockSchedule
Name:
Alden and Vada Dow Fund
EIN:
38-6058512
Name of Stock End of Year Book Value End of Year Fair Market Value
Dow Inc. 16,814 143,904
Vanguard Developed Markets Index Fund 904,734 1,440,933
Vanguard S&P 500 ETF 3,290,370 9,204,387
iShares Core MSCI EAFE ETE 268,393 362,581
iShares Core MSCI Emerging Market 555,077 795,011
iShares S&P Midcap 400 Growth ETF 245,925 330,845
iShares S&P Smallcap 600 Growth ETF 145,689 189,437
iShares Tr S&P Midcap Value Index 246,672 327,528
iShares Tr S&P Smallcap Value Index 149,869 194,689
iShares Convertible Bond ETF 197,374 247,137
iShares Preferred & Income Security 198,062 197,865
Virtus AlphaSimplex Managed Futures R6 80,000 79,793

TY 2025 InvestmentsGovtObligationsSch
Name:
Alden and Vada Dow Fund
EIN:
38-6058512
US Government Securities - End of Year Book Value:

1,689,240
US Government Securities - End of Year Fair Market Value:

1,717,382
State & Local Government Securities - End of Year Book Value:


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


0


TY 2025 InvestmentsLandSchedule2
Name:
Alden and Vada Dow Fund
EIN:
38-6058512
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
105 Post Street bldg 84,000 84,000 0  
105 Post Street land 21,000 0 21,000  
1136 W. Main bldg 67,360 67,360 0  
1136 W. Main land 16,840 0 16,840  
115 Post Street land 19,600 0 19,600  
1136 W Main Hardwire smoke detectors 789 440 349  
Computer equipment 1,777 1,777 0  
105 Post - Boiler 4,263 2,415 1,848  
1136 W. Main St. - carpeting 1,844 1,056 788  
105 Post - Concrete ramp/handrail ADA Revisio 21,550 12,017 9,533  
105 Post Carpeting 3,050 1,613 1,437  
Fridgerator 303 303 0  
105 Post St. Roof 22,328 10,115 12,213  
Roof Replacement - 1136 11,209 4,552 6,657  
New Flooring 8,350 8,350 0  
202 Post St. Land 56,000 0 56,000  
202 Post St Building 154,183 31,791 122,392  
New Slant Steam Boiler Installed 1136 Main St 5,700 1,468 4,232  
Resurface driveway at 202 Post St 1,898 353 1,545  
Resurface driveway 202 post street 2,450 456 1,994  
Gas Range for 202 Post Street 483 483 0  
New Roof 105 Post St. 9,300 9,300 0  
Toilet Installation 1136 W Main St 475 94 381  
Garage Major Repair 202 Post Street 6,384 1,054 5,330  
New Rear Door - 202 Post Street 1,927 248 1,679  
Water Heater - 1136 W. Main St. 1,510 185 1,325  
Lennox Furnace - 202 Post Street 4,500 498 4,002  
New Roof - 202 Post Street 19,840 1,713 18,127  
105 Post St - replacement furnace 2,842 86 2,756  
1136 W Main St - new boiler expansion 5,900 36 5,864  

TY 2025 LegalFeesSchedule
Name:
Alden and Vada Dow Fund
EIN:
38-6058512
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal fees 432 432   0


TY 2025 OtherExpensesSchedule
Name:
Alden and Vada Dow Fund
EIN:
38-6058512
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Insurance 6,274 6,274   0
Software 12,305 0   12,305
Dues 2,350 0   2,350
Bond Accretion/Amortization 2,426 2,426   0


TY 2025 OtherProfessionalFeesSchedule
Name:
Alden and Vada Dow Fund
EIN:
38-6058512
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment consulting services 44,801 44,801   0
Consulting 4,609 4,609   0


TY 2025 TaxesSchedule
Name:
Alden and Vada Dow Fund
EIN:
38-6058512
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign taxes 6,019 0   0
Taxes 11,102 0   0