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
CHARLES J AND MARJORIE SCHRUP JR FAMILY
 
Number and street (or P.O. box number if mail is not delivered to street address) 895 MAIN ST
  Room/suite
City or town
DUBUQUE
State or province
IA
Country  
ZIP or foreign postal code
52001
A Employer identification number

26-6719843
B Telephone number (see instructions)

5635859400
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)$509,045J 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 .................
3 Interest on savings and temporary cash investments 715 715 715
4 Dividends and interest from securities... 15,104 15,104 15,104
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 60,850
b Gross sales price for all assets on line 6a 582,708
7 Capital gain net income (from Part IV, line 2)... 60,850
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 76,669 76,669 15,819
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 739      
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
250 0 0 0
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
852     0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,841 0 0 0
25 Contributions, gifts, grants paid....... 210,000 210,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 211,841 0 0 210,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -135,172
b Net investment income (if negative, enter -0-) 76,669
c Adjusted net income (if negative, enter -0-)... 15,819
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......... 18,273 15,698 15,698
3 Accounts receivable  
Less: allowance for doubtful accounts     0 0
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 0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 606,534 Click to see attachment
List of Attached Documents:
// Content
474,545 		493,346
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) 624,807 490,243 509,044
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
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........ 624,807 490,243
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 624,807 490,243
30 Total liabilities and net assets/fund balances (see instructions). 624,807 490,243
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
624,807
2
Enter amount from Part I, line 27a .....................
2
-135,172
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
609
4
Add lines 1, 2, and 3 ..........................
4
490,244
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
1
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
490,243
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 3.856 AB CAP FD INC SMALL CAP GROWTH ADVISOR   2022-01-20 2025-03-14
b 246.877 AMERICAN FDS EMERGING MKTS BD CL F 3   2023-09-05 2025-03-14
c 223.382 AMERICAN MUT FD AMERICAN MUTUAL F3   2024-02-09 2025-03-14
d 356.797 BAIRD FDS INC AGGREGATE BOND INST   2022-11-09 2025-03-14
e 455.581 BAIRD FDS INC AGGREGATE BOND INST   2024-02-09 2025-03-14
54.625 COHEN & STEERS GLOBAL RLTY SHS GLOBAL REALTY I   2021-03-11 2025-03-14
362.592 DIAMOND HILL FUNDS SHORT SCRTZD I   2024-02-09 2025-03-14
62.233 FEDERATED HERMES INSTL HIGH YIELD BOND IS   2023-02-16 2025-03-14
132.499 FEDERATED HERMES INSTL HIGH YIELD BOND IS   2024-02-09 2025-03-14
23.921 FIDELITY INVT TR EMERGING MARKETS Z   2022-06-29 2025-03-14
136.056 GOLDMAN SACHS TR EMERGING MARKETS EQUITY INSIGHTS INTL   2022-08-05 2025-03-14
65.818 T ROWE PRICE LARGE CAP GROWTH I   2021-03-11 2025-03-14
461.997 LORD ABBETT INVT TR SHORT DURATION INCOME F   2024-02-09 2025-03-14
308.234 MFS INSTL TR INTERNATIONAL EQUITY R6   2023-07-18 2025-03-14
114.82 MFS INSTL TR INTERNATIONAL EQUITY R6   2024-02-09 2025-03-14
105.917 MFS SER TR XIII NEW DISCOVERY VALUE R6   2022-01-20 2025-03-14
198.898 NEUBERGER BERMAN EQUITY FDS NEUBERGER BERMAN LARGE CAP VALUE R   2023-02-16 2025-03-14
671.227 PIMCO FDS PAC INVT MGMT SER INVESTMENT GRADE CREDIT BOND INSTL   2024-02-09 2025-03-14
12.076 PIMCO FDS PAC INVT MGMT SER INVESTMENT GRADE CREDIT BOND INSTL   2022-08-05 2025-03-14
672.465 PIMCO FDS INCOME INSTL   2021-03-11 2025-03-14
19.769 T ROWE PRICE MID-CAP GROWTH I   2021-03-11 2025-03-14
1169.534 VANGUARD FIXED INCOME SECS FD LONG-TERM INVESTMENT-GRADE ADM   2023-07-18 2025-03-14
28.906 VANGUARD FIXED INCOME SECS FD LONG-TERM INVESTMENT-GRADE ADM   2022-12-22 2025-03-14
311.446 VANGUARD FIXED INCOME SECS FD LONG-TERM TREASURY FUND ADMIRAL   2024-11-12 2025-03-14
362.095 VANGUARD FIXED INCOME SECS FD GNMA ADM   2023-05-05 2025-03-14
79.732 VICTORY PORTFOLIOS SYCAMORE ESTABLISHED VALUE I   2021-03-11 2025-03-14
14.121 AMERICAN MUT FD AMERICAN MUTUAL F3   2024-02-09 2025-04-14
65.77 BAIRD FDS INC AGGREGATE BOND INST   2022-11-09 2025-04-14
5.683 COHEN & STEERS GLOBAL RLTY SHS GLOBAL REALTY I   2021-03-11 2025-04-14
51.359 DIAMOND HILL FUNDS SHORT SCRTZD I   2024-02-09 2025-04-14
2.322 FEDERATED HERMES INSTL HIGH YIELD BOND IS   2022-11-09 2025-04-14
13.821 FEDERATED HERMES INSTL HIGH YIELD BOND IS   2023-02-16 2025-04-14
13.696 T ROWE PRICE LARGE CAP GROWTH I   2021-03-11 2025-04-14
67.917 LORD ABBETT INVT TR SHORT DURATION INCOME F   2024-02-09 2025-04-14
52.874 T ROWE PRICE MID-CAP GROWTH I   2022-01-20 2025-04-14
75.6 T ROWE PRICE MID-CAP GROWTH I   2021-03-11 2025-04-14
1332.043 VANGUARD FIXED INCOME SECS FD LONG-TERM INVESTMENT-GRADE ADM   2023-07-18 2025-04-14
1269.96 VANGUARD FIXED INCOME SECS FD LONG-TERM TREASURY FUND ADMIRAL   2024-11-12 2025-04-14
36.973 VANGUARD FIXED INCOME SECS FD GNMA ADM   2023-05-05 2025-04-14
16.183 AB CAP FD INC SMALL CAP GROWTH ADVISOR   2022-01-20 2025-09-02
16.43 AMERICAN MUT FD AMERICAN MUTUAL F3   2024-08-27 2025-09-02
12.188 FEDERATED HERMES EQUITY FDS FH MDT MDCP IS   2025-04-14 2025-09-02
122.82 FIDELITY ADVISOR SER I EQUITY GWTH Z   2024-02-09 2025-09-02
11.011 FIDELITY INVT TR EMERGING MARKETS Z   2022-06-29 2025-09-02
42.999 GOLDMAN SACHS TR EMERGING MARKETS EQUITY INSIGHTS INTL   2022-08-05 2025-09-02
68.829 T ROWE PRICE LARGE CAP GROWTH I   2021-03-11 2025-09-02
10.544 MFS INSTL TR INTERNATIONAL EQUITY R6   2023-07-18 2025-09-02
46.768 MFS SER TR XIII NEW DISCOVERY VALUE R6   2022-01-20 2025-09-02
19.503 NEUBERGER BERMAN EQUITY FDS NEUBERGER BERMAN LARGE CAP VALUE R6   2024-08-27 2025-09-02
5.263 T ROWE PRICE MID-CAP GROWTH I   2024-08-27 2025-09-02
1.486 VICTORY PORTFOLIOS SYCAMORE ESTABLISHED VALUE I   2024-08-27 2025-09-02
19.039 AB CAP FD INC SMALL CAP GROWTH ADVISOR   2022-01-20 2025-09-30
54.776 AMERICAN FDS EMERGING MKTS BD CL F 3   2023-09-05 2025-09-30
152.461 AMERICAN FDS EMERGING MKTS BD CL F 3   2024-08-27 2025-09-30
137.258 AMERICAN MUT FD AMERICAN MUTUAL F3   2024-08-27 2025-09-30
480.652 BAIRD FDS INC AGGREGATE BOND INST   2024-08-27 2025-09-30
31.008 COHEN & STEERS GLOBAL RLTY SHS GLOBAL REALTY I   2021-03-11 2025-09-30
207.39 DIAMOND HILL FUNDS SHORT SCRTZD I   2024-08-27 2025-09-30
13.326 FEDERATED HERMES EQUITY FDS FH MDT MDCP IS   2025-04-14 2025-09-30
117.124 FEDERATED HERMES INSTL HIGH YIELD BOND IS   2024-08-27 2025-09-30
164.301 FIDELITY ADVISOR SER I EQUITY GWTH Z   2024-02-09 2025-09-30
22.677 FIDELITY INVT TR EMERGING MARKETS Z   2022-06-29 2025-09-30
92.377 GOLDMAN SACHS TR EMERGING MARKETS EQUITY INSIGHTS INTL   2022-08-05 2025-09-30
90.513 T ROWE PRICE LARGE CAP GROWTH I   2021-03-11 2025-09-30
269.879 LORD ABBETT INVT TR SHORT DURATION INCOME F   2024-02-09 2025-09-30
184.95 MFS INSTL TR INTERNATIONAL EQUITY R6   2023-07-18 2025-09-30
88.951 MFS SER TR XIII NEW DISCOVERY VALUE R6   2022-01-20 2025-09-30
124.954 NEUBERGER BERMAN EQUITY FDS NEUBERGER BERMAN LARGE CAP VALUE R   2024-08-27 2025-09-30
499.922 PIMCO FDS PAC INVT MGMT SER INVESTMENT GRADE CREDIT BOND INSTL   2024-08-27 2025-09-30
424.275 PIMCO FDS INCOME INSTL   2021-03-11 2025-09-30
5. RBB FD INC US TREASR 10 YR   2025-04-14 2025-09-30
14. RBB FD INC US TREASR 10 YR   2025-09-02 2025-09-30
10.144 T ROWE PRICE MID-CAP GROWTH I   2024-08-27 2025-09-30
633.111 VANGUARD FIXED INCOME SECS FD LONG-TERM INVESTMENT-GRADE ADM   2024-08-27 2025-09-30
12.183 VANGUARD FIXED INCOME SECS FD GNMA ADM   2023-05-05 2025-09-30
194.102 VANGUARD FIXED INCOME SECS FD GNMA ADM   2024-08-27 2025-09-30
61.424 VICTORY PORTFOLIOS SYCAMORE ESTABLISHED VALUE I   2024-08-27 2025-09-30
2.64 AB CAP FD INC SMALL CAP GROWTH ADVISOR   2022-01-20 2025-10-08
38.864 AMERICAN FDS EMERGING MKTS BD CL F 3   2023-09-05 2025-10-08
29.564 AMERICAN MUT FD AMERICAN MUTUAL F3   2024-02-09 2025-10-08
7.172 AMERICAN MUT FD AMERICAN MUTUAL F3   2024-08-27 2025-10-08
95.657 BAIRD FDS INC AGGREGATE BOND INST   2024-08-27 2025-10-08
5.799 COHEN & STEERS GLOBAL RLTY SHS GLOBAL REALTY I   2021-03-11 2025-10-08
41.526 DIAMOND HILL FUNDS SHORT SCRTZD I   2024-08-27 2025-10-08
1.264 FEDERATED HERMES EQUITY FDS FH MDT MDCP IS   2025-04-14 2025-10-08
14.62 FEDERATED HERMES INSTL HIGH YIELD BOND IS   2022-11-09 2025-10-08
8.253 FEDERATED HERMES INSTL HIGH YIELD BOND IS   2024-08-27 2025-10-08
31.546 FIDELITY ADVISOR SER I EQUITY GWTH Z   2024-02-09 2025-10-08
5.109 FIDELITY INVT TR EMERGING MARKETS Z   2022-06-29 2025-10-08
22.036 GOLDMAN SACHS TR EMERGING MARKETS EQUITY INSIGHTS INTL   2022-08-05 2025-10-08
18.873 T ROWE PRICE LARGE CAP GROWTH I   2021-03-11 2025-10-08
58.674 LORD ABBETT INVT TR SHORT DURATION INCOME F   2024-02-09 2025-10-08
53.707 MFS INSTL TR INTERNATIONAL EQUITY R6   2023-02-16 2025-10-08
3.931 MFS INSTL TR INTERNATIONAL EQUITY R6   2023-07-18 2025-10-08
23.587 MFS SER TR XIII NEW DISCOVERY VALUE R6   2022-01-20 2025-10-08
28.499 NEUBERGER BERMAN EQUITY FDS NEUBERGER BERMAN LARGE CAP VALUE R6   2024-08-27 2025-10-08
94.214 PIMCO FDS PAC INVT MGMT SER INVESTMENT GRADE CREDIT BOND INSTL   2024-08-27 2025-10-08
35.199 PIMCO FDS INCOME INSTL   2022-01-20 2025-10-08
45.765 PIMCO FDS INCOME INSTL   2021-03-11 2025-10-08
4. RBB FD INC US TREASR 10 YR   2025-04-14 2025-10-08
1.9 T ROWE PRICE MID-CAP GROWTH I   2024-08-27 2025-10-08
72.61 VANGUARD FIXED INCOME SECS FD LONG-TERM INVESTMENT-GRADE ADM   2023-02-16 2025-10-08
.489 VANGUARD FIXED INCOME SECS FD LONG-TERM INVESTMENT-GRADE ADM   2023-07-18 2025-10-08
25.413 VANGUARD FIXED INCOME SECS FD LONG-TERM INVESTMENT-GRADE ADM   2024-08-27 2025-10-08
40.211 VANGUARD FIXED INCOME SECS FD GNMA ADM   2023-05-05 2025-10-08
10.634 VICTORY PORTFOLIOS SYCAMORE ESTABLISHED VALUE I   2024-08-27 2025-10-08
22.652 T ROWE PRICE MID-CAP GROWTH I   2024-12-23 2025-12-09
14.628 T ROWE PRICE MID-CAP GROWTH I   2023-05-05 2025-12-09
22.072 T ROWE PRICE MID-CAP GROWTH I   2024-02-09 2025-12-09
17.013 T ROWE PRICE MID-CAP GROWTH I   2022-01-20 2025-12-09
.188 T ROWE PRICE MID-CAP GROWTH I   2024-08-27 2025-12-09
5.48 AB CAP FD INC SMALL CAP GROWTH ADVISOR   2022-01-20 2025-12-17
24.597 AMERICAN FDS EMERGING MKTS BD CL F 3   2023-09-05 2025-12-17
80.386 AMERICAN MUT FD AMERICAN MUTUAL F3   2024-12-23 2025-12-17
477.599 AMERICAN MUT FD AMERICAN MUTUAL F3   2021-03-11 2025-12-17
343.33 AMERICAN MUT FD AMERICAN MUTUAL F3   2024-02-09 2025-12-17
346.809 BAIRD FDS INC AGGREGATE BOND INST   2025-09-02 2025-12-17
2606.366 BAIRD FDS INC AGGREGATE BOND INST   2022-11-09 2025-12-17
346.278 BAIRD FDS INC AGGREGATE BOND INST   2024-08-27 2025-12-17
201.811 DIAMOND HILL FUNDS SHORT SCRTZD I   2024-08-27 2025-12-17
38.974 FEDERATED HERMES EQUITY FDS FH MDT MDCP IS   2025-12-09 2025-12-17
6.523 FIDELITY ADVISOR SER I EQUITY GWTH Z   2025-04-14 2025-12-17
4.595 FIDELITY ADVISOR SER I EQUITY GWTH Z   2025-03-14 2025-12-17
915.822 FIDELITY ADVISOR SER I EQUITY GWTH Z   2024-02-09 2025-12-17
14.038 T ROWE PRICE LARGE CAP GROWTH I   2024-12-23 2025-12-17
86.725 T ROWE PRICE LARGE CAP GROWTH I   2022-08-05 2025-12-17
423.565 T ROWE PRICE LARGE CAP GROWTH I   2021-03-11 2025-12-17
230.866 LORD ABBETT INVT TR SHORT DURATION INCOME F   2025-09-02 2025-12-17
1753.507 LORD ABBETT INVT TR SHORT DURATION INCOME F   2024-02-09 2025-12-17
341.983 MFS INSTL TR INTERNATIONAL EQUITY R6   2017-07-28 2025-12-17
201.449 MFS INSTL TR INTERNATIONAL EQUITY R6   2023-02-16 2025-12-17
31.924 NEUBERGER BERMAN EQUITY FDS NEUBERGER BERMAN LARGE CAP VALUE R6   2025-04-14 2025-12-17
55.046 NEUBERGER BERMAN EQUITY FDS NEUBERGER BERMAN LARGE CAP VALUE R6   2024-12-23 2025-12-17
99.725 NEUBERGER BERMAN EQUITY FDS NEUBERGER BERMAN LARGE CAP VALUE R6   2023-07-18 2025-12-17
25.338 NEUBERGER BERMAN EQUITY FDS NEUBERGER BERMAN LARGE CAP VALUE R6   2023-05-05 2025-12-17
521.677 NEUBERGER BERMAN EQUITY FDS NEUBERGER BERMAN LARGE CAP VALUE R   2023-02-16 2025-12-17
59.411 NEUBERGER BERMAN EQUITY FDS NEUBERGER BERMAN LARGE CAP VALUE R6   2024-08-27 2025-12-17
646.284 PIMCO FDS PAC INVT MGMT SER INVESTMENT GRADE CREDIT BOND INSTL   2025-04-14 2025-12-17
311.504 PIMCO FDS PAC INVT MGMT SER INVESTMENT GRADE CREDIT BOND INSTL   2025-09-02 2025-12-17
1379.385 PIMCO FDS PAC INVT MGMT SER INVESTMENT GRADE CREDIT BOND INST   2022-11-09 2025-12-17
291.175 PIMCO FDS PAC INVT MGMT SER INVESTMENT GRADE CREDIT BOND INSTL   2023-02-16 2025-12-17
349.358 PIMCO FDS PAC INVT MGMT SER INVESTMENT GRADE CREDIT BOND INSTL   2024-02-09 2025-12-17
378.095 PIMCO FDS PAC INVT MGMT SER INVESTMENT GRADE CREDIT BOND INSTL   2024-08-27 2025-12-17
1. RBB FD INC US TREASR 10 YR   2025-04-14 2025-12-17
95.115 VANGUARD FIXED INCOME SECS FD LONG-TERM INVESTMENT-GRADE ADM   2024-12-23 2025-12-17
339.064 VANGUARD FIXED INCOME SECS FD LONG-TERM INVESTMENT-GRADE ADM   2025-09-02 2025-12-17
2727.065 VANGUARD FIXED INCOME SECS FD LONG-TERM INVESTMENT-GRADE ADM   2022-11-09 2025-12-17
429.492 VANGUARD FIXED INCOME SECS FD LONG-TERM INVESTMENT-GRADE ADM   2024-02-09 2025-12-17
127.604 VANGUARD FIXED INCOME SECS FD LONG-TERM INVESTMENT-GRADE ADM   2023-02-16 2025-12-17
175.975 VICTORY PORTFOLIOS SYCAMORE ESTABLISHED VALUE I   2021-03-11 2025-12-17
21.522 VICTORY PORTFOLIOS SYCAMORE ESTABLISHED VALUE I   2024-08-27 2025-12-17
2.078 FIDELITY INVT TR EMERGING MARKETS Z   2024-12-23 2025-12-29
51. ISHARES TR CORE US AGGBD ET   2025-12-17 2025-12-29
130. RBB FD INC US TREASR 10 YR   2025-04-14 2025-12-29
144. VANGUARD SCOTTSDALE FDS LONG-TERM CORPORATE BOND ETF   2025-12-17 2025-12-29
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CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 251   274 -23
b 1,903   1,901 2
c 12,447   11,580 867
d 3,497   3,325 172
e 4,465   4,424 41
2,821   3,113 -292
3,640   3,532 108
551   525 26
1,173   1,162 11
925   792 133
1,227   1,101 126
5,087   4,239 848
1,788   1,779 9
11,377   10,085 1,292
4,238   3,786 452
1,826   2,115 -289
9,135   8,652 483
6,048   5,947 101
109   110 -1
7,202   8,090 -888
1,838   2,305 -467
8,912   9,333 -421
220   232 -12
2,529   2,529  
3,349   3,407 -58
3,558   3,777 -219
763   732 31
638   613 25
287   324 -37
513   500 13
20   19 1
120   117 3
1,014   882 132
261   261  
4,695   5,531 -836
6,713   8,814 -2,101
9,844   10,630 -786
10,033   10,312 -279
341   348 -7
1,195   1,148 47
1,000   954 46
843   675 168
3,170   2,741 429
488   365 123
442   348 94
6,280   4,433 1,847
412   345 67
854   934 -80
976   913 63
542   569 -27
69   77 -8
1,444   1,351 93
444   422 22
1,236   1,217 19
8,547   7,972 575
4,787   4,811 -24
1,734   1,767 -33
2,084   2,068 16
934   739 195
1,061   1,047 14
4,441   3,667 774
1,096   751 345
1,017   747 270
8,608   5,829 2,779
1,050   1,039 11
7,461   6,052 1,409
1,608   1,777 -169
6,378   5,850 528
4,609   4,584 25
4,616   5,104 -488
221   216 5
619   611 8
1,044   1,097 -53
4,932   5,134 -202
115   115  
1,830   1,832 -2
2,885   3,163 -278
202   187 15
315   299 16
1,858   1,533 325
451   417 34
955   958 -3
320   330 -10
417   414 3
89   70 19
132   120 12
75   74 1
864   704 160
254   169 85
249   178 71
1,831   1,215 616
229   226 3
2,193   1,631 562
161   129 32
427   471 -44
1,471   1,334 137
869   864 5
384   416 -32
499   551 -52
177   173 4
197   205 -8
567   577 -10
4   4  
198   206 -8
380   378 2
498   548 -50
2,347   2,292 55
1,515   1,385 130
2,287   2,283 4
1,763   1,780 -17
19   20 -1
417   389 28
200   189 11
4,715   4,462 253
28,016   22,557 5,459
20,140   17,798 2,342
3,458   3,416 42
25,985   24,291 1,694
3,452   3,466 -14
2,022   2,012 10
2,510   2,675 -165
172   137 35
121   102 19
24,159   20,441 3,718
1,157   1,181 -24
7,148   4,894 2,254
34,910   27,278 7,632
898   898  
6,821   6,751 70
13,690   8,351 5,339
8,064   6,116 1,948
1,603   1,407 196
2,763   2,478 285
5,006   4,237 769
1,272   1,089 183
26,188   22,693 3,495
2,982   2,782 200
5,939   5,726 213
2,863   2,828 35
12,677   11,504 1,173
2,676   2,557 119
3,211   3,095 116
3,475   3,467 8
44   43 1
731   717 14
2,607   2,560 47
20,971   19,880 1,091
3,303   3,367 -64
981   1,014 -33
7,996   8,336 -340
978   1,108 -130
104   81 23
5,106   5,105 1
5,767   5,613 154
10,997   10,964 33
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
      13,786
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       -23
b       2
c       867
d       172
e       41
      -292
      108
      26
      11
      133
      126
      848
      9
      1,292
      452
      -289
      483
      101
      -1
      -888
      -467
      -421
      -12
       
      -58
      -219
      31
      25
      -37
      13
      1
      3
      132
       
      -836
      -2,101
      -786
      -279
      -7
      47
      46
      168
      429
      123
      94
      1,847
      67
      -80
      63
      -27
      -8
      93
      22
      19
      575
      -24
      -33
      16
      195
      14
      774
      345
      270
      2,779
      11
      1,409
      -169
      528
      25
      -488
      5
      8
      -53
      -202
       
      -2
      -278
      15
      16
      325
      34
      -3
      -10
      3
      19
      12
      1
      160
      85
      71
      616
      3
      562
      32
      -44
      137
      5
      -32
      -52
      4
      -8
      -10
       
      -8
      2
      -50
      55
      130
      4
      -17
      -1
      28
      11
      253
      5,459
      2,342
      42
      1,694
      -14
      10
      -165
      35
      19
      3,718
      -24
      2,254
      7,632
       
      70
      5,339
      1,948
      196
      285
      769
      183
      3,495
      200
      213
      35
      1,173
      119
      116
      8
      1
      14
      47
      1,091
      -64
      -33
      -340
      -130
      23
      1
      154
      33
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 60,850
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 1,066
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,066
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,066
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 584
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 584
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....... 9 482
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax0 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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
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)
IA
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 address  
14
The books are in care ofMIDWESTONE BANK Telephone no. (563) 585-9400

Located at895 MAIN STDUBUQUEIA ZIP+4520016852
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
MIDWESTONE BANK TRUSTEE
0 		739    
P O BOX 938
DUBUQUE,IA520040938
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.........................  
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
555,309
b
Average of monthly cash balances.......................
1b
15,297
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
570,606
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
570,606
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
8,559
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
562,047
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
28,102
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
28,102
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
1,066
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,066
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
27,036
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
27,036
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
27,036
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
210,000
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
210,000
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 27,036
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...... 104,303
b From 2021...... 270,220
c From 2022...... 75,105
d From 2023...... 80,573
e From 2024...... 141,886
f Total of lines 3a through e ........ 672,087
4Qualifying distributions for 2025 from Part
XI, line 4: $ 210,000
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..... 27,036
e Remaining amount distributed out of corpus 182,964
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 5 855,051
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) ... 		104,303
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		750,748
10 Analysis of line 9:
a Excess from 2021 .... 270,220
b Excess from 2022 .... 75,105
c Excess from 2023 .... 80,573
d Excess from 2024 .... 141,886
e Excess from 2025 .... 182,964
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 e-mail address of the person to whom applications should be addressed:
CHARLES J MARJORIE SCHRUP FAMILY
C/O MIDWESTONE BANK
PO BOX DUBUQUE,IA520040938
(563) 585-9400
bThe form in which applications should be submitted and information and materials they should include:
THE REQUEST SHOULD INCLUDE ALL NECESSARY INFORMATION CONCERNING THE REASON FOR REQUESTING THE GRANT, LOAN, ETC. INCLUDING WHERE YOU CAN BE REACHED
cAny submission deadlines:
NA
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRANTS WILL BE MADE TO ORGANIZATIONS THAT ARE EXEMPT UNDER 501(3)(C) OF THE INTERNAL REVENUE CODE & ARE NOT PRIVATE ORGANIZATIONS AS DEFINED IN 509(A)
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

MARY'S INN

PO BOX 3338
IOWA,IA52004 		NON PROFIT   ASSISTANCE TO INDIGENT 10,000

HOLY FAMILY CATHOLIC SCHOOLS

2005 KANE ST
DUBUQUE,IA52001 		NON PROFIT   RELIGIOUS EDUCATION SUPPORT 100,000

DUBUQUE COMMUNITY Y

35 N BOOTH STREET
DUBUQUE,IA52001 		NON PROFIT   COMMUNITY ENGAGEMENT 10,000

NATIONAL MISSISSIPPI RIVER MUSEUM

350 E THIRD ST
DUBUQUE,IA52001 		NON PROFIT   ENVIRONMENTAL EDUCATION 75,000

BAILEY MATTHEWS NATIONAL MUSEUM

PO BOX 180
SANIBEL,FL33957 		NONPROFIT   ENVIRONMENTAL EDUCATION 15,000
Total ................................. 3a 210,000
bApproved for future payment
Total ................................. 3b  
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 ........... 		    14 715  
4 Dividends and interest from securities ....     14 15,104  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 60,850  
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) ..   76,669  
13Total. Add line 12, columns (b), (d), and (e)..................
13
76,669
(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:
CHARLES J AND MARJORIE SCHRUP JR FAMILY
EIN:
26-6719843
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION 250      

TY 2025 InvestmentsOtherSchedule2
Name:
CHARLES J AND MARJORIE SCHRUP JR FAMILY
EIN:
26-6719843
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SEE ATTACHED DETAIL AT COST 474,545 493,346

TY 2025 OtherDecreasesSchedule
Name:
CHARLES J AND MARJORIE SCHRUP JR FAMILY
EIN:
26-6719843
Description Amount
ROUNDING 1


TY 2025 OtherIncreasesSchedule
Name:
CHARLES J AND MARJORIE SCHRUP JR FAMILY
EIN:
26-6719843
Description Amount
INC POSTED 2026 TAXABLE IN 2025 588
INCOME ADJUSTMENT FROM 2024 21


TY 2025 TaxesSchedule
Name:
CHARLES J AND MARJORIE SCHRUP JR FAMILY
EIN:
26-6719843
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
IRS 2024 990 TAX DUE 268 0   0
IRS 2025 990 ESTIMATES 584 0   0