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
The Schmetterling Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address) Foundation Source 501 Silverside Rd
  Room/suite
City or town
Wilmington
State or province
DE
Country  
ZIP or foreign postal code
198091377
A Employer identification number

27-4267762
B Telephone number (see instructions)

8008391754
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)$53,018,268J 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) 0
2 Check .................
3 Interest on savings and temporary cash investments 29,637 29,637  
4 Dividends and interest from securities... 1,375,428 1,375,428  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,516,070
b Gross sales price for all assets on line 6a 24,900,064
7 Capital gain net income (from Part IV, line 2)... 2,578,441
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)....... Click to see attachment
List of Attached Documents:
// Content
1,275 1,275  
12 Total. Add lines 1 through 11........ 3,922,410 3,984,781  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
425,584 425,584    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
106,471 20,820    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
77,627 6,687   70,940
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 609,682 453,091   70,940
25 Contributions, gifts, grants paid....... 2,330,000 2,330,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 2,939,682 453,091   2,400,940
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 982,728
b Net investment income (if negative, enter -0-) 3,531,690
c Adjusted net income (if negative, enter -0-)... 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......... 574,652 981,349 981,349
3 Accounts receivable  
Less: allowance for doubtful accounts   1,801    
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) 968,649    
b Investments—corporate stock (attach schedule)....... 39,688,087 Click to see attachment
List of Attached Documents:
// Content
42,027,828 		52,036,919
c Investments—corporate bonds (attach schedule)....... 793,260    
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
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) 42,026,449 43,009,177 53,018,268
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 42,026,449 43,009,177
29 Total net assets or fund balances (see instructions)..... 42,026,449 43,009,177
30 Total liabilities and net assets/fund balances (see instructions). 42,026,449 43,009,177
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
42,026,449
2
Enter amount from Part I, line 27a .....................
2
982,728
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
43,009,177
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
43,009,177
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 Publicly-traded Securities      
b
c
d
e
(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 24,900,064   22,321,623 2,578,441
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,578,441
b
c
d
e
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 2,578,441
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 49,090
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 49,090
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 49,090
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 33,300
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 33,300
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 15,790
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 tax   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)
DE
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 ofFoundation Source Telephone no. (800) 839-1754

Located at501 Silverside Road Suite 123WilmingtonDE ZIP+4198091377
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
Colleen Clark Co- Pres, Dir
8.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
James A Clark Dir, Sec, Co- Pres
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Nicholaus Clark VP
2.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Nissa Clark VP
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Katrina Swartz VP
4.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
 
Total number of other employees paid over $50,000...................  
Form 990-PF (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
MCHUGH GROUP Investment Mgmt 425,584
4908 WHITEFORD RD
TOLEDO,OH43623
Foundation Source Administrative 70,875
55 Walls Drive Suite 302
Fairfield,CT06824
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
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
49,806,865
b
Average of monthly cash balances.......................
1b
914,978
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
50,721,843
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
50,721,843
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
760,828
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
49,961,015
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
2,498,051
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
2,498,051
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
49,090
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
49,090
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,448,961
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
2,448,961
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,448,961
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
2,400,940
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
2,400,940
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 2,448,961
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 1,303,957
b Total for prior years:2023, 2022, 2021  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2025 from Part
XI, line 4: $ 2,400,940
a Applied to 2024, but not more than line 2a 1,303,957
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		 
d Applied to 2025 distributable amount..... 1,096,983
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		1,351,978
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 .... 0
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).)
Colleen Clark
James A Clark
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

AUSTIN ZOO

10808 RAWHIDE TRL
AUSTIN,TX78736 		N/A   General & Unrestricted 25,000

CALUMET COLLEGE

2400 NEW YORK AVE
WHITING,IN46394 		N/A   Capital campaign 500,000

CHICAGO ZOOLOGICAL SOCIETY

3300 GOLF RD
BROOKFIELD,IL60513 		N/A   General & Unrestricted 50,000

CHILDRENS HOSPITAL MEDICAL CENTER

3333 BURNET AVE
CINCINNATI,OH45229 		N/A   for the outdoor space 500,000

CLAGETT SAILING

231 INDIAN AVE
PORTSMOUTH,RI02871 		N/A   General & Unrestricted 5,000

FRIENDS OF THE FOREST HILLS PARK ASSOCIATION

847 GREENBRIER DR SE
GRAND RAPIDS,MI49546 		N/A   General & Unrestricted 5,000

GEM SESSIONS FOUNDATION INC

5521 WOODS POINTE DR
MCCORDSVILLE,IN46055 		N/A   General & Unrestricted 19,000

GRAND RAPIDS CABLE ACCESS CENTER

711 BRIDGE ST NW
GRAND RAPIDS,MI49504 		N/A   For WYCE Fall Fund Drive 10,000

GRAND RAPIDS CABLE ACCESS CENTER

711 BRIDGE ST NW
GRAND RAPIDS,MI49504 		N/A   For GRTV's digital archive 20,000

GRAND RAPIDS CABLE ACCESS CENTER

711 BRIDGE ST NW
GRAND RAPIDS,MI49504 		N/A   General & Unrestricted 10,000

GRAND RAPIDS CABLE ACCESS CENTER

711 BRIDGE ST NW
GRAND RAPIDS,MI49504 		N/A   For WYCE to upgrade the Shift Editor software 5,000

GREENWOOD CHRISTIAN ACADEMY INC

835 W WORTHSVILLE RD
GREENWOOD,IN46143 		N/A   STEM program funding 35,000

IBCA INDIANA ALL STARS INC

1945 N COUNTY RD 75 E
NORTH VERNON,IN47265 		N/A   General & Unrestricted 40,000

INDIANAPOLIS ZOOLOGICAL SOCIETY INC

1200 W WASHINGTON ST
INDIANAPOLIS,IN46222 		N/A   Entrance enhancement project 50,000

MAKE-A-WISH FOUNDATION OF AMERICA

1702 E HIGHLAND AVE STE 400
PHOENIX,AZ85016 		N/A   The Olivia Colleen Starblazer Award 200,000

Morristown Jr-Sr High School

223 S PATTERSON ST
Morristown,IN46161 		N/A   General & Unrestricted 2,000

MUSEUM OF SCIENCE AND INDUSTRY

5700 S LAKE SHORE DR
CHICAGO,IL60637 		N/A   General & Unrestricted 5,000

Noblesville High School

18111 CUMBERLAND RD
Noblesville,IN46060 		N/A   General & Unrestricted 2,000

PARTNERS IN HEALTH A NONPROFIT CORPORATION

PO BOX 996
FREDERICK,MD21705 		N/A   General & Unrestricted 10,000

ROSE-HULMAN INSTITUTE OF TECHNOLOGY

5500 WABASH AVE
TERRE HAUTE,IN47803 		N/A   General & Unrestricted 50,000

SIGMA ALPHA MU FOUNDATION

8701 FOUNDERS RD
INDIANAPOLIS,IN46268 		N/A   General & Unrestricted 5,000

ST JUDE CATHOLIC CHURCH INDIANAPOLIS INC

5353 MCFARLAND RD
INDIANAPOLIS,IN46227 		N/A   General & Unrestricted 32,000

YOUNG MENS CHRISTIAN ASSOCIATION

55 N IH 35
AUSTIN,TX78702 		N/A   Four Points YMCA Tomorrow Academy 750,000
Total ................................. 3a 2,330,000
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 29,637  
4 Dividends and interest from securities ....     14 1,375,428  
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 2,516,070  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION LAWSUIT PROCEEDS 		    01 1,275  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   3,922,410  
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,922,410
(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


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Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

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

TY 2025 DepreciationSchedule
Name:
The Schmetterling Foundation
EIN:
27-4267762
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

TY 2025 InvestmentsCorpStockSchedule
Name:
The Schmetterling Foundation
EIN:
27-4267762
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO 100,594 119,595
ABBEY CAPITAL FUTURES STRATEGY 185,486 176,132
ABBEY CAPITAL MULTI ASSET FUND 145,524 141,352
ABBOTT LABS 90,987 88,079
ABM INDS INC 10,470 9,687
ADVANCED MICRO DEVICES INC 49,522 44,759
ADYEN N.V. 94,847 86,142
AGIOS PHARMACEUTICALS INC 9,831 7,622
AGNICO EAGLE MINES LTD 51,883 126,130
AIR PRODS & CHEM INC 137,181 123,016
ALAMO GP INC 7,237 5,875
ALIBABA GROUP HOLDING LTD 134,164 160,065
ALLIANZ SE 150,860 162,242
ALPHABET INC CL A 250,427 441,643
AMAZON COM 821,225 1,031,304
AMGEN INC 28,621 28,476
AMICUS THERAPEUTICS INC 7,761 10,623
AMPHENOL CORPORATION 90,970 98,382
APPLE INC 388,122 694,059
APPLIED IDNS TECH 5,712 11,298
APPLOVIN CORP 130,965 324,781
AQR DIVERSIFIED ARB I 244,663 259,041
ARCBEST CORPORATION 5,122 3,339
ARCOSA INC 10,929 12,865
ARDELYX INC 10,085 8,279
ARISTA NETWORKS 68,580 60,274
ARTIVION ORD SHS 7,723 16,100
ASGN INC 15,801 8,622
ASM INTERNATIONAL NV 240,815 250,423
ASML HOLDING NV NY REG SHS 101,350 147,641
ASR NEDERLAND NV UNSPONSORD AD 107,762 109,653
ASSA ABLOY UNSP/ADR 161,168 196,402
ASSOCIATED BANC-CORP 13,523 15,224
ASTRAZENECA PLC SP ADR 143,057 184,044
ATLAS COPCO AB A SHS ADR 174,637 194,055
ATRICURE, INC. 13,883 13,015
AXON ENTERPRISE 127,018 97,116
AXSOME THERAPEUTICS 9,576 19,360
BANCO BILBAO ARG SA 41,177 63,660
BERKSHIRE HATHAWAY INC. CLASS 47,314 56,297
BLACK HILLS CORP 9,832 11,524
BLACKROCK EMERGING MARKETS FUN 2,428,483 2,762,972
BLACKROCK EVENT DRIVEN EQUITY 242,069 254,842
BLACKROCK GLOBAL LONG SHORT EQ 134,836 155,335
BLACKROCK MID CAP DIVIDEND FUN 1,460,408 1,817,590
BLACKROCK MID-CAP GROWTH EQUIT 2,614,900 3,014,543
BLOOM ENERGY CORP 3,733 3,041
BLUEPRINT MEDICINES CORPORATIO 4,207  
BNP PARIBAS SPONS ADR 84,740 97,976
BOEING CO 175,428 199,099
BOISE CASCADE COMPANY 6,155 6,845
BOSTON SCIENTIFIC 68,060 68,557
BOX INC 5,572 6,161
BRIDGEBIO PHARMA INC 11,018 21,111
BRINKER INTL INC 2,224 8,468
BRITISH AMERICAN TOBACCO PLC 130,543 153,100
BROADCOM INC 315,674 685,970
CADENCE DESIGN SYSTEMS INC 111,350 122,219
CALX NETWORKS INC. 3,150 2,964
CAPITAL ONE FINANCIAL CORP 102,153 136,206
CARDINAL HEALTH INC 165,924 297,153
CARVANA CO. 104,858 135,890
CASELLA WASTE SYSTEMS INC 10,847 12,634
CATALYST MILLBURN HEDGE STRATE 94,677 100,424
CATERPILLAR INC 67,653 101,398
CENCORA INC 27,946 34,113
CHARLES SCHWAB CORP 94,377 114,697
CHEVRON CORP 292,123 301,162
CIENA CORP 85,149 313,386
CISCO SYSTEMS INC 84,592 94,362
CITY HOLDING COMPANY 5,308 7,510
CLEARWATER ANALYTICS HOLDINGS, 5,755 6,392
CME GROUP, INC 118,202 140,909
CNO FINANCIAL GROUP INC 8,260 13,336
CONSTELLATION ENERGY GROUP INC 57,565 55,817
CONSTRUCTION PARTNERS INC 8,096 16,608
CORNING INC 38,002 41,503
COSTAR GROUP, INC 82,283 69,123
CREDO TECHNOLOGY GROUP HOLDLIN 6,803 12,375
CUMMINS INC 90,083 135,269
CUSHMAN & WAKEFIELD PLC 7,009 12,661
D-WAVE QUANTUM INC 2,846 3,373
DANAHER CORP 138,414 130,255
DEUTSCHE TELE AG ADS 177,525 229,292
DEVON ENERGY CORPORATION 56,123 59,780
DIAMONDROCK HOSP CO 6,852 7,141
DOW INC 72,750 73,834
ELEVANCE HEALTH INC 149,436 125,146
ELI LILLY & CO 203,198 382,586
ENTERPRISE FINANCIAL SERVICES 8,360 9,504
EOG RESOURCES INC 92,439 76,237
ESCO TECH INC 6,753 12,896
ESSENT GROUP LTD 8,772 12,417
ESSENTIAL PROPERTIES REALTY TR 7,438 8,572
ESSILOR INTL ADR 102,872 107,409
EXLSERVICE HOLDINGS INC 9,277 14,430
EXXON MOBIL CORP 237,378 285,206
FEDERAL SIGNAL CORP 8,175 19,981
FERRARI NV 104,639 90,912
FIFTH THIRD BANCORP 87,827 86,505
FIRST ADVANTAGE CORP 4,012 3,618
FIRST BANCORP 7,154 8,939
FIRST ENERGY CORP 46,044 51,844
FIRST FINANCIAL BANCORP 8,647 9,408
FIRST INTERSTATE BANCSYSTEM IN 10,684 10,795
FOUR CORNERS PROPERTY TRUST IN 8,176 7,056
FREEPORT-MCMORAN COPPER & GOLD 188,475 220,378
FTAI AVIATION LTD 7,397 9,843
GENERAL ELECTRIC CO 103,882 127,524
GILEAD SCIENCES INC 67,897 78,554
GLAUKOS CORP 8,622 10,839
GOTHAM INDEX 500 PLUS FUND 144,595 210,649
GRUPO FIN ADR 90,433 89,593
GULFPORT ENERGY CORP 6,171 6,448
HALLIBURTON COMPANY 57,818 57,311
HALOZYME THERAPEUTICS, INC 5,917 9,759
HAMILTON LANE INC 4,233 5,641
HASBRO INC 175,426 201,966
HDFC BANK LTD ADR 101,261 99,389
HEALTHEQUITY INC 6,570 6,229
HERC HOLDINGS, INC 4,025 5,045
HIMS & HERS HEALTH, INC 1,719 1,136
HINGE HEALTH INC CL A 1,617 1,858
HONDA MOTOR CO LTD 120,002 117,655
HOWMET AEROSPACE ORD SHS 191,716 275,342
HUB GROUP, INC 5,624 5,965
HUMANA INC 118,444 94,768
ICICI BK LTD ADS 99,868 86,658
IMAX CORPORATION 7,741 15,043
INDEPENDENCE REALTY TR 10,524 10,942
INDEPENDENT BANK CORP 11,508 12,570
INDUSTRIA DE DISENO 107,489 140,943
INSMED INC COM DE 1,824 8,006
INTEL CORP 125,064 157,969
INTERCONTINENTAL EXCHANGE, INC 156,957 202,936
INTERNATIONAL BUSINESS MACHINE 40,122 68,128
INTERNATIONAL SEAWAYS INC 4,899 5,826
INTESA SANPAOLO SPA 115,990 246,955
INTUIT 289,330 289,478
INTUITIVE SURGICAL 60,825 133,095
IONQ ORD SHS 6,283 4,936
ISHARE SP SMALL CAP 600 INDEX 1,536,013 2,157,952
ISHARES CORE DIVIDEND GROWTH 2,676,710 3,963,395
ISHARES MSCI USA QUALITY FACTO 1,364,304 2,220,173
J & J SNACK FOODS CORP 11,307 6,507
JOHN HANCOCK DIVERSIFIED MACRO 207,042 179,171
JOHNSON & JOHNSON 173,050 231,784
JOHNSON CONTROLS INTERNATIONAL 176,574 257,582
JP MORGAN CHASE 189,394 378,286
JPMORGAN EQUITY PREMIUM INCO 1,411,628 1,372,043
JPMORGAN HEDGED EQUITY 2 FUND 124,414 156,577
KADANT INC 9,586 11,116
KAISER ALUMINUM CORPORATION 11,850 15,506
KB HOME 5,177 5,697
KITE RLTY GROUP TRUST 11,334 12,656
KKR & CO INC 130,042 128,500
KON KPN NV SPON ADR REP 1 ORD 63,787 63,794
KONE OYJ ADR B SHS 117,501 124,997
KONTOOR BRANDS INC 9,963 9,408
KRATOS DEFENSE & SECURITY SOLU 1,731 2,960
L'AIR LIQUIDE ADR OTC 86,896 83,158
LA Z BOY INC 4,208 4,733
LANTHEUS HOLDINGS INC 8,846 8,452
LAS VEGAS SANDS CORP 99,024 126,405
LEXINGTON REALTY TRUST 8,722 7,834
LIBERTY OILFIELD SVCS INC COM 7,550 7,329
LIFE TIME GROUP HOLDINGS 8,708 7,894
LIGAND PHARMACEUTICALS INC 8,522 17,205
LINDE PLC COM 153,208 139,003
LORD ABBETT INV TR, LORD ABBET 3,022,830 2,993,195
LORD ABBETT SHORT DURATION HIG 3,022,829 2,989,207
MADDEN STEVEN LTD 8,345 9,202
MAGNOLIA OIL + GAS CORPORATION 10,571 10,201
MALIBU BOATS INC 5,644 2,624
MARATHON DIGITAL HOLDINGS INC 1,715 790
MASTERCARD INC 89,092 118,743
MEDTRONIC PLC 269,322 282,993
MERCK & CO INC 70,019 88,208
MERIT MEDICAL SYSTEMS, INC. 10,401 12,516
META PLATFORMS INC 554,423 749,862
MICRON TECHNOLOGY 61,048 178,667
MICROSOFT CORP 729,112 1,110,875
MINERAL TECH INC 14,704 13,531
MITSUBISHI UFJ FINANCIAL GROUP 117,195 121,519
MODINE MFG CO 11,419 13,885
MONDELEZ INTERNATIONAL INC 57,634 53,938
MONTROSE ENVIRONMENTAL GRP ORD 5,934 5,736
MYR GROUP INC DEL COM 8,094 15,295
NEOGENOMICS INC 12,697 7,326
NETFLIX INC 116,932 173,456
NEUBERGER BERMAN ALTRNTIVE FDS 276,803 313,203
NIKE INC-CL B 93,536 79,638
NMI HOLDINGS, INC 6,252 11,136
NORTHERN OIL & GAS, INC 6,238 4,659
NORTHROP GRUMMAN CORP 65,510 65,004
NORTHWESTERN CORP 9,369 10,714
NUSCALE POWER CORP 1,161 453
NVIDIA CORP 723,984 1,408,821
OKLO INC CLASS A 1,159 1,507
OLD NATIONAL BANCORP 12,975 16,844
OMNICELL, INC 13,454 8,245
ONESPAWORLD HOLDINGS ORD SHS 4,823 6,429
ORACLE CORP 143,444 103,107
PATTERSON-UTI ENERGY INC 14,536 8,169
PAYCHEX 66,843 51,603
PERELLA WEINBERG PARTNERS 2,505 2,128
PFIZER INC 82,653 81,448
PHILIP MORRIS INTL 81,107 121,102
PHILLIPS 66 100,167 96,780
PHILLIPS EDISON AND COMPANY OR 5,065 5,727
PJT PARTNERS INC 2,751 4,682
PNC FINANCIAL GROUP INC 125,412 176,168
PRESTIGE BRAND HLGS 10,584 11,413
PROCTER GAMBLE CO 104,566 97,021
PROGRESS SOFTWARE CORP 6,609 5,069
PUBLIC STORAGE INC 98,223 77,850
Q2 HOLDINGS INC 8,446 14,071
QUAKER CHEMICAL CORP 10,322 7,140
RENASANT CORPORATION 11,034 11,024
RENTOKIL INITIAL PLC SPON ADR 81,892 88,616
RIGETTI COMPUTING INC 4,488 2,747
RIOT BLOCKCHAIN INC 2,223 1,444
ROCKET COMPANIES, INC 98,037 197,549
RUBRIK, INC. 1,079 2,600
S&P GLOBAL INC COM 275,077 291,083
SANOFI-AVENTIS SPONSORED ADR 131,866 116,886
SAP AKTIENGESELL ADS 232,923 195,543
SCHNEIDER ELEC UNSP/ADR 153,191 142,610
SELECTIVE INS GROUP INC 12,308 11,965
SEMPRA ENERGY COM 58,632 68,954
SEMTECH CORPORATION 14,791 24,244
SHELL ADR EACH REPRESENTING 2 222,265 246,452
SHIN-ETSU CHEMICAL C 137,403 136,958
SHOPIFY INC 26,199 59,720
SILICON LABORATORIES, INC 14,110 13,593
SM ENERGY COMPANY 15,784 8,471
SNOWFLAKE INC 127,649 105,293
SONIC AUTOMOTIVE INC CL A 5,540 6,000
SONY GROUP CORP 121,513 179,891
SOUTH STATE CORPORATION 9,894 11,576
SPIRE INC 8,437 11,082
SPOTIFY TECHNOLOGY SA 271,598 265,384
SPS COMMERCE, INC 11,064 6,417
SPX CORPORATION 6,615 8,403
SS&C TECHNOLOGIES INC 145,438 158,580
STEEL DYNAMICS INC 43,603 46,429
SUNCOR ENERGY INC 32,189 35,799
SUPERNUS PHARMACEUTICALS INC 9,711 16,202
TAIWAN SEMICONDUCTOR MFG CO LT 363,093 606,261
TAYLOR MORRISON HOME CORP 5,497 9,890
TECK RESOURCES LIMITED 180,278 211,961
TECNOGLASS INC 7,882 8,001
TENCENT HOLDINGS LIMITED 132,224 195,968
TERRENO RLTY CORPCOM 8,018 7,808
TESLA MOTORS INC 161,056 247,796
THE BALDWIN INSURANCE GROUP, I 8,282 7,978
THE CHEFS' WAREHOUSE, INC 8,623 8,228
TKO GROUP HOLDINGS, INC 39,691 126,863
TORONTO DOMINION 135,137 216,001
TRANSMEDICS GROUP INC 6,650 12,287
TRAVERE THERAPEUTICS 8,217 17,844
TRUIST FINANCIAL CORPORATION 68,124 71,994
TTM TECHNOLOGIES INC 4,167 5,313
TWODY 93,274 83,534
UBS AG 167,775 219,834
UNITED COMMUNITY BANKS, INC 9,538 9,834
UNITED OVRSEAS BK LTD ADR 100,445 97,992
UNITEDHEALTH GROUP INC 95,632 65,692
URBAN OUTFITTERS, INC 7,889 14,826
VALLEY NATL BANCORP 8,798 9,052
VARONIS SYSTEMS INC 14,455 9,906
VERTIV CL A 43,639 90,240
VICTORY MARKET NEUTRAL INCOME 49,610 50,124
VISA INC 423,549 535,534
WAL-MART STORES INC 75,784 113,972
WALT DISNEY HOLDINGS CO 70,611 68,262
WARBY PARKER ORD SHS CLASS A 5,509 6,363
WARNER BROS. DISCOVERY, INC 58,901 70,811
WASTE CONNECTIONS 135,506 121,875
WELLS FARGO & CO 157,510 238,872
WERNER ENTERPRISES INC 6,671 4,862
WESBANCO INC 11,818 12,465
WESCO INTL INC 143,312 140,423
WESTERN DIGITAL CORP 29,082 130,064
WHEATON PRECIOUS METALS CORP 68,786 152,541
WORKIVA INC 8,730 7,676
WORTHINGTON INDUSTRIES INC 3,305 5,312
WSFS FINANCIAL CORPORATION 10,776 12,429
WYNN RESORTS 67,257 75,928
YELP INC 4,033 3,100
YETI HOLDINGS, INC. 4,982 5,433
ZURN WATER SOLUTIONS 8,933 13,808

TY 2025 OtherExpensesSchedule
Name:
The Schmetterling Foundation
EIN:
27-4267762
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 70,875     70,875
Bank Charges 6,687 6,687    
Postage/Delivery Service 40     40
State or Local Filing Fees 25     25


TY 2025 OtherIncomeSchedule2
Name:
The Schmetterling Foundation
EIN:
27-4267762
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Class Action Lawsuit Proceeds 1,275 1,275  


TY 2025 OtherProfessionalFeesSchedule
Name:
The Schmetterling Foundation
EIN:
27-4267762
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 425,584 425,584    


TY 2025 TaxesSchedule
Name:
The Schmetterling Foundation
EIN:
27-4267762
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2025 33,300      
990-PF Excise Tax for 2024 52,351      
Foreign Tax Paid 20,820 20,820