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
KILWORTH FLORENCE CHAR TR FNDN
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 64193
  Room/suite
City or town
EAGAN
State or province
MN
Country  
ZIP or foreign postal code
55164
A Employer identification number

91-6221495
B Telephone number (see instructions)

8882657962
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)$9,435,198J 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      
4 Dividends and interest from securities... 264,451 260,779  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 365,996
b Gross sales price for all assets on line 6a 1,124,712
7 Capital gain net income (from Part IV, line 2)... 365,996
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)....... Click to see attachment
List of Attached Documents:
// Content
89 89  
12 Total. Add lines 1 through 11........ 630,536 626,864  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 67,928 61,135   6,793
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).......        
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
13,070 4,352   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)....... Click to see attachment
List of Attached Documents:
// Content
1,033 1,008   25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 82,031 66,495 0 6,818
25 Contributions, gifts, grants paid....... 353,500 353,500
26 Total expenses and disbursements. Add lines 24 and 25 ................ 435,531 66,495 0 360,318
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 195,005
b Net investment income (if negative, enter -0-) 560,369
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............. 3,987 2,562 2,562
2 Savings and temporary cash investments......... 319,351 89,426 89,426
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)....... 1,419,386 Click to see attachment
List of Attached Documents:
// Content
1,197,992 		3,496,036
c Investments—corporate bonds (attach schedule)....... 655,123 Click to see attachment
List of Attached Documents:
// Content
902,048 		912,923
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,885,855 Click to see attachment
List of Attached Documents:
// Content
4,286,195 		4,928,253
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
6,485 		Click to see attachment
List of Attached Documents:
// Content
5,998 		Click to see attachment
List of Attached Documents:
// Content
5,998
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,290,187 6,484,221 9,435,198
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........ 6,290,187 6,484,221
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)..... 6,290,187 6,484,221
30 Total liabilities and net assets/fund balances (see instructions). 6,290,187 6,484,221
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
6,290,187
2
Enter amount from Part I, line 27a .....................
2
195,005
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
2,413
4
Add lines 1, 2, and 3 ..........................
4
6,487,605
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
3,384
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
6,484,221
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 1. ALLERGAN INC   1911-11-11 2025-03-26
b 100. ABBOTT LABORATORIES   2018-09-07 2025-05-20
c 200. ALPHABET INC CL C   2013-12-03 2025-05-20
d 375. APPLIED MATERIALS INC     2025-05-20
e 500. CITIGROUP INC     2025-05-20
350. COCA COLA COMPANY     2025-05-20
150. E O G RES INC     2025-05-20
50. GOLDMAN SACHS GROUP INC     2025-05-20
2744.238 HARTFORD SCHRODERS EMERGING MARKETS     2025-05-20
100. MCDONALDS CORP COM   2010-09-15 2025-05-20
300. TARGET CORP     2025-05-20
37.305 UNDISCOVERED MGRS BEHAVIORAL VALUE   2024-12-12 2025-05-20
1445.814 UNDISCOVERED MGRS BEHAVIORAL VALUE     2025-05-20
250. UNITED PARCEL SERVICE INC CL B     2025-05-20
200. VICI PPTYS INC   2022-05-12 2025-05-20
250. WEYERHAEUSER CO MTN BE COM NEW   2012-11-21 2025-05-20
100. WORKDAY INC     2025-05-20
.3333 RALLIANT CORPCOM   2010-11-10 2025-07-08
1. PETROBAS FAIR FUND   1911-11-11 2025-07-08
1. SECURITY LITIGATION   1911-11-11 2025-07-18
.5 SOLSTICE ADV MATL COM   2018-03-08 2025-11-14
100. ADOBE SYS INC     2025-12-08
250. ANALOG DEVICES INC   2012-08-08 2025-12-08
50. BERKSHIRE HATHAWAY INC CL B   2012-02-22 2025-12-08
7385.568 BLACKROCK STRATEGIC INCOME     2025-12-08
350. COCA COLA COMPANY   2013-12-03 2025-12-08
10. COSTCO WHSL CORP NEW COMMON STOCK   2022-05-18 2025-12-08
17946.856 CREDIT SUISSE FL RT HI IN I   2021-03-29 2025-12-08
400. FORTIVE CORP WI   2010-11-10 2025-12-08
25. GOLDMAN SACHS GROUP INC   2018-10-03 2025-12-08
100. J P MORGAN CHASE & CO   2012-02-22 2025-12-08
300. MONDELEZ INTL INC CL A   2005-04-20 2025-12-08
133. RALLIANT CORPCOM   2010-11-10 2025-12-08
75. SALESFORCE INC   2023-11-29 2025-12-08
700. SCHLUMBERGER LTD   2024-08-20 2025-12-08
450. MEDTRONIC PLC SHS     2025-12-08
50000. VISA INC 3.150% 12/14/25   2016-11-18 2025-12-14
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 54     54
b 13,511   6,580 6,931
c 33,214   5,246 27,968
d 62,124   12,283 49,841
e 37,908   31,609 6,299
25,041   15,539 9,502
16,940   15,230 1,710
30,341   11,487 18,854
49,835   41,012 8,823
31,932   7,471 24,461
29,439   33,642 -4,203
3,041   3,354 -313
117,848   99,095 18,753
24,498   18,078 6,420
6,389   5,393 996
6,574   6,427 147
27,398   17,190 10,208
16   5 11
       
1     1
22   17 5
33,915   47,729 -13,814
69,492   10,068 59,424
24,797   3,962 20,835
72,305   71,981 324
24,541   14,136 10,405
8,869   4,346 4,523
110,373   118,094 -7,721
21,502   5,520 15,982
21,523   5,692 15,831
31,424   3,812 27,612
16,487   6,014 10,473
6,815   1,796 5,019
19,304   17,198 2,106
26,786   31,042 -4,256
45,596   37,668 7,928
50,000   50,000  
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
      24,857
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       54
b       6,931
c       27,968
d       49,841
e       6,299
      9,502
      1,710
      18,854
      8,823
      24,461
      -4,203
      -313
      18,753
      6,420
      996
      147
      10,208
      11
       
      1
      5
      -13,814
      59,424
      20,835
      324
      10,405
      4,523
      -7,721
      15,982
      15,831
      27,612
      10,473
      5,019
      2,106
      -4,256
      7,928
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 365,996
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 7,789
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 7,789
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 7,789
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 5,856
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 5,856
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 1,933
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)
WA
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 addressNONE
14
The books are in care ofUS BANK NA Telephone no. (888) 265-7962

Located at60 LIVINGSTON AVESAINT PAULMN ZIP+455107
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)
Yes
 
(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
 
No
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
US BANK N A TRUSTEE
1 		67,928    
PO BOX 64193
EAGAN,MN55164
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
8,799,533
b
Average of monthly cash balances.......................
1b
259,307
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
9,058,840
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
9,058,840
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
135,883
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
8,922,957
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
446,148
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
446,148
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
7,789
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
7,789
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
438,359
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
438,359
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
438,359
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
360,318
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
360,318
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 7 438,359
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 353,182
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 360,318
a Applied to 2024, but not more than line 2a 353,182
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..... 7,136
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		431,223
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 0
d Excess from 2024 .... 0
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).)
NONE
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.
NONE
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

GREATER METRO PARKS FOUNDATION

4702 S 19TH ST
TACOMA,WA98405 		NONE   GENERAL OPERATING 1,000

TACOMA CONCERT BAND

PO BOX 64922
TACOMA,WA98464 		NONE   GENERAL OPERATING 3,000

NORTHWEST REPERTORY SINGERS

2522 N PROCTOR ST
TACOMA,WA98406 		NONE   GENERAL OPERATING 1,000

COMMUNITY HEALTH CARE

1148 BROADWAY STE 100
TACOMA,WA98402 		NONE   GENERAL OPERATING 1,000

HEARING SPEECH DEAF CENTER

1625 19TH AVE
SEATTLE,WA98122 		NONE   GENERAL OPERATING 2,000

ASSOCIATED MINISTRIES OF TACOMA

901 S 13TH ST
TACOMA,WA98405 		NONE   GENERAL OPERATING 10,000

WASHINGTON DECA

15215 52ND AVE S STE 105
TUKWILA,WA98188 		NONE   GENERAL OPERATING 2,000

TREEHOUSE

2100 24TH AVE S STE 200
SEATTLE,WA98144 		NONE   GENERAL OPERATING 7,000

PAGE AHEAD CHILDRENS LITERACY PROGRAM

1130 NW 85TH ST
SEATTLE,WA98117 		NONE   GENERAL OPERATING 5,000

HEARTBEAT SERVING WOUNDED WARRIORS

PO BOX 610
ONALASKA,WA98570 		NONE   GENERAL OPERATING 1,000

REACH OUT AND READ INC

PO BOX 8393
SPOKANE,MA99203 		NONE   GENERAL OPERATING 1,000

NORTHWEST EDUCATION ACCESS

6920 ROOSEVELT WAY NE 355
SEATTLE,WA98115 		NONE   GENERAL OPERATING 5,000

TEAMCHILD

1225 S WELLER ST 420
SEATTLE,WA98144 		NONE   GENERAL OPERATING 2,000

SUPPORT THE ENLISTED PROJECT INC

9915 BUSINESS PARK AVE A
SAN DIEGO,CA92131 		NONE   GENERAL OPERATING 2,000

CAMP KOREY

24880 BROTHERHOOD RD
MT VERNON,WA98274 		NONE   GENERAL OPERATING 1,000

TED BROWN MUSIC OUTREACH

6228 TACOMA MALL BLVD
TACOMA,WA98409 		NONE   GENERAL OPERATING 3,000

NW FURNITURE BANK

117 PUYALLUP AVE
TACOMA,WA98421 		NONE   GENERAL OPERATING 3,000

TACOMA YOUTH SYMPHONY ASSOCIATION

901 BROADWAY STE 500
TACOMA,WA98402 		NONE   GENERAL OPERATING 5,000

TRUST FOR PUBLIC LAND

PO BOX 889336
LOS ANGELES,CA90088 		NONE   GENERAL OPERATING 3,000

SOUTH SOUND CARE FOUNDATION

1624 S I ST
TACOMA,WA98405 		NONE   GENERAL OPERATING 3,000

BIRTHDAY DREAMS

PO BOX 2722
RENTON,WA98056 		NONE   GENERAL OPERATING 1,000

FOUNDATION FOR TACOMA STUDENTS

919 S 9TH ST
TACOMA,WA98405 		NONE   GENERAL OPERATING 2,000

UNITED THROUGH READING

1455 FRAZEE RD STE 500
SAN DIEGO,CA92108 		NONE   GENERAL OPERATING 1,000

YMCA OF GREATER SEATTLE

909 4TH AVE
SEATTLE,WA98104 		NONE   GENERAL OPERATING 5,000

TACOMA-PIERCE COUNTY AFFORDABLE
HOUSING CONSORTIUM
PO BOX 8070
TACOMA,WA984190070 		NONE   GENERAL OPERATING 5,000

BRYANT NEIGHBORHOOD CENTER INC

1615 6TH AVE
TACOMA,WA98405 		NONE   GENERAL OPERATING 1,000

BUILDING YOUTH THROUGH MUSIC

PO BOX 1722
TACOMA,WA984011722 		NONE   GENERAL OPERATING 1,000

DEGREES OF CHANGE

PO BOX 1573
TACOMA,WA98401 		NONE   GENERAL OPERATING 5,000

THE WISHING WELL FOUNDATION

16524 89TH AVE E
PUYALLUP,WA98375 		NONE   GENERAL OPERATING 2,000

TACOMA COMMUNITY BOAT BUILDERS

1120 EAST D STREET
TACOMA,WA98421 		NONE   GENERAL OPERATING 2,000

KID CONNECT

5501 6TH AVE
TACOMA,WA98406 		NONE   GENERAL OPERATING 1,000

GREENTRIKE

1501 PACIFIC AVE STE 202
TACOMA,WA98402 		NONE   GENERAL OPERATING 3,000

EILEEN & CALLIE'S PLACE

PO BOX 401
KENT,WA98035 		NONE   GENERAL OPERATING 1,000

PIERCE COUNTY LIBRARY FOUNDATION

3005 112TH ST E
TACOMA,WA98446 		NONE   GENERAL OPERATING 4,000

AMERICAN NATIONAL RED CROSS

1900 25TH AVE S
SEATTLE,WA98144 		NONE   GENERAL OPERATING 5,000

MAKING A DIFFERENCE FOUNDATION

PO BOX 94545
SEATTLE,WA98124 		NONE   GENERAL OPERATING 5,000

KBTC ASSOCIATION

2320 S 19TH ST
TACOMA,WA98405 		NONE   GENERAL OPERATING 1,000

THE MUSTARD SEED PROJECT
OF KEY PENINSULA
PO BOX 182
VAUGHN,WA98394 		NONE   GENERAL OPERATING 4,000

FOREVERGREEN TRAILS

243 S 55TH ST
TACOMA,WA98408 		NONE   GENERAL OPERATING 1,000

SAFE CROSSINGS FOUNDATION

4210 SW OREGON ST STE H
SEATTLE,WA98116 		NONE   GENERAL OPERATING 3,000

PACIFIC EDUCATION INSTITUTE

724 COLUMBIA ST NW STE 225
OLYMPIA,WA98501 		NONE   GENERAL OPERATING 3,000

TACOMA HOUSING DEVELOPMENT GROUP

902 S L ST
TACOMA,WA98405 		NONE   GENERAL OPERATING 1,000

PUSH FOR DREAMS

PO BOX 1663
TACOMA,WA98401 		NONE   GENERAL OPERATING 1,000

RAISING GIRLS

PO BOX 7851
TACOMA,WA984170851 		NONE   GENERAL OPERATING 1,000

TACOMA REFUGEE CHOIR

PO BOX 2321
TACOMA,WA98401 		NONE   GENERAL OPERATING 4,000

YOUR MONEY MATTERS

420 E MAIN ST
AUBURN,WA98002 		NONE   GENERAL OPERATING 2,000

VETERAN RITES INC

2602 S 38TH ST A-134
TACOMA,WA98409 		NONE   GENERAL OPERATING 2,000

THRIVE INTERNATIONAL

110 E 4TH AVE
SPOKANE,WA99202 		NONE   GENERAL OPERATING 1,000

RISE CENTER

2136 MARTIN LUTHER KING JR WAY
TACOMA,OH98405 		NONE   GENERAL OPERATING 3,000

INNOVATIVE CHANGE MAKERS

3202 S TYLER ST APT D1
TACOMA,WA98409 		NONE   GENERAL OPERATING 1,000

TACOMA LITTLE THEATRE DRAMA LEAGUE

210 N I ST
TACOMA,WA98403 		NONE   GENERAL OPERATING 3,000

UNIVERSITY OF PUGET SOUND

1500 N WARNER ST
TACOMA,WA98416 		NONE   GENERAL OPERATING 5,000

THE RESCUE MISSION

PO BOX 1912
TACOMA,WA98401 		NONE   GENERAL OPERATING 5,000

YWCA PIERCE COUNTY

405 BROADWAY
TACOMA,WA98402 		NONE   GENERAL OPERATING 5,000

WELLSPRING FAMILY SERVICES

1900 RAINIER AVE S
SEATTLE,WA98144 		NONE   GENERAL OPERATING 3,000

TACOMA COMMUNITY HOUSE

1314 S L ST
TACOMA,WA98405 		NONE   GENERAL OPERATING 5,000

GOODWILL OF THE OLYMPICS & RAINIER
REGION
714 S 27TH ST
TAXOMA,WA98409 		NONE   GENERAL OPERATING 5,000

CAMP FIRE CENTRAL PUGET SOUND

2414 SW ANDOVER ST STE D
SEATTLE,WA98102 		NONE   GENERAL OPERATING 5,000

THE HUMANE SOCIETY FOR TACOMA & PIERCE C

2608 CENTER ST
TACOMA,WA98409 		NONE   GENERAL OPERATING 5,000

AMARA

3505 S JUNEAU ST
SEATTLE,WA98118 		NONE   GENERAL OPERATING 5,000

TACOMA AREA YOUTH FOR CHRIST

PO BOX 834
TACOMA,WA98401 		NONE   GENERAL OPERATING 4,000

HOPESPARKS

6424 N 9TH ST
TACOMA,WA98406 		NONE   GENERAL OPERATING 5,000

LINDQUIST DENTAL CLINIC FOR CHILDREN

130 131ST ST S
TACOMA,WA98444 		NONE   GENERAL OPERATING 5,000

ST LEO PARISH

1323 S YAKIMA AVE
TACOMA,WA98405 		NONE   GENERAL OPERATING 1,000

UNITED WAY OF PIERCE COUNTY

1501 PACIFIC AVE 400
TACOMA,WA98402 		NONE   GENERAL OPERATING 2,000

TACOMA URBAN LEAGUE

2550 YAKIMA AVE STE A
TACOMA,WA98405 		NONE   GENERAL OPERATING 4,000

REBUILDING HOPE SEXUAL ASSAULT CENTER

723 MARTIN LUTHER KING JR WAY
TACOMA,WA98405 		NONE   GENERAL OPERATING 1,000

SPECIAL OLYMPICS WASHINGTON

2815 2ND AVE STE 370
SEATTLE,WA98121 		NONE   GENERAL OPERATING 5,000

SECOND CITY CHAMBER SERIES

PO BOX 7879
TACOMA,WA984170879 		NONE   GENERAL OPERATING 3,000

TACOMA ARTS LIVE

1001 YAKIMA AVE STE 1
TACOMA,WA98405 		NONE   GENERAL OPERATING 1,000

TACOMA AREA COALITION OF INDIVIDUALS
WITH DISABILITIES
6315 S 19TH ST
TACOMA,WA98466 		NONE   GENERAL OPERATING 5,000

NOURISH PIERCE COUNTY

1702 S 72ND ST STE E
TACOMA,WA98408 		NONE   GENERAL OPERATING 5,000

HARVEST AGAINST HUNGER

1201 1ST AVE S STE 304
SEATTLE,WA981341234 		NONE   GENERAL OPERATING 5,000

TACOMA OPERA ASSOCIATION

2661 N PEARL ST STE 416
TACOMA,WA98407 		NONE   GENERAL OPERATING 5,000

HELPING HAND HOUSE

4321 2ND ST SW
PUYALLUP,WA98373 		NONE   GENERAL OPERATING 5,000

AMERICAN LEADERSHIP FORUM

PO BOX 1914
TACOMA,WA98401 		NONE   GENERAL OPERATING 1,000

NETWORK SERVICES

5435 S M ST
TACOMA,WA98408 		NONE   GENERAL OPERATING 2,000

CENTER FOR DIALOG RESOLUTION

717 TACOMA AVE S
TACOMA,WA98402 		NONE   GENERAL OPERATING 3,000

COMMUNITIES FOR A HEALTHY BAY

535 DOCK ST STE 213
TACOMA,WA98402 		NONE   GENERAL OPERATING 2,000

TACOMA SISTER CITIES

1118 E D ST STE 1
TACOMA,WA98421 		NONE   GENERAL OPERATING 5,500

PUGET SOUND REVELS

917 PACIFIC AVE STE 914
TACOMA,WA98402 		NONE   GENERAL OPERATING 2,000

NORTHWEST SINFONIETTA

917 PACIFIC AVE STE 304
TACOMA,WA98402 		NONE   GENERAL OPERATING 3,000

BOYS GIRLS CLUBS OF SOUTH

3875 S 66TH ST STE 101
TACOMA,WA98409 		NONE   GENERAL OPERATING 5,000

PUYALLUP VALLEY ST FRANCIS HOUSE

PO BOX 156
PUYALLUP,WA983710016 		NONE   GENERAL OPERATING 5,000

REACH MINISTRIES

310 N K ST STE 200
TACOMA,WA98403 		NONE   GENERAL OPERATING 5,000

HILLTOP ARTISTS IN RESIDENCE

PO BOX 6829
TACOMA,WA98417 		NONE   GENERAL OPERATING 5,000

ARK INSTITUTE OF LEARNING

1916 S WASHINGTON ST
TACOMA,WA984051025 		NONE   GENERAL OPERATING 5,000

COMMUNITIES IN SCHOOLS OF LAKEWOOD

10828 GRAVELLY LAKE DR SW
LAKEWOOD,WA98499 		NONE   GENERAL OPERATING 5,000

SOUTH SOUND OUTREACH SERVICES

1106 MARTIN LUTHER KING JR WAY
TACOMA,WA98405 		NONE   GENERAL OPERATING 5,000

FOSS WATERWAY SEAPORT

705 DOCK ST
TACOMA,WA98402 		NONE   GENERAL OPERATING 5,000

R MERLE PALMER MINORITY SCHOLARSHIP FDN

PO BOX 7119
TACOMA,WA98417 		NONE   GENERAL OPERATING 4,000

PEARL FOUNDATION OF PUGET SOUND

1420 MARVIN RD NE
LACEY,WA98516 		NONE   GENERAL OPERATING 1,000

HABITAT FOR HUMANITY

4824 SOUTH TACOMA WAY
TACOMA,WA98409 		NONE   GENERAL OPERATING 5,000

A STEP AHEAD IN PIERCE COUNTY

10324 CANYON RD E STE 203
PUYALLUP,WA98349 		NONE   GENERAL OPERATING 5,000

REBUILDING TOGETHER SOUTH SOUND

4019 S ORCHARD ST
TACOMA,WA98466 		NONE   GENERAL OPERATING 5,000

SYMPHONY TACOMA

901 BROADWAY STE 600
TACOMA,WA984024432 		NONE   GENERAL OPERATING 4,000

MEDICAL TEAMS INTERNATIONAL

14150 SW MILTON CT
TIGARD,OR97224 		NONE   GENERAL OPERATING 5,000

MARY BRIDGE CHILDRENS FOUNDATION

PO BOX 5296 MS 1313-3-FND
TACOMA,WA984150296 		NONE   GENERAL OPERATING 5,000

ASHLEY HOUSE

33811 9TH AVE S
FEDERAL WAY,WA980036707 		NONE   GENERAL OPERATING 5,000

SEABURY SCHOOL

1801 53RD ST NE
TACOMA,WA984221916 		NONE   GENERAL OPERATING 3,000

AHAT HOMECARE

PO BOX 2251
TACOMA,WA98401 		NONE   GENERAL OPERATING 5,000

EMERGENCY FOOD NETWORK OF TACOMA AND PIE

3318 92ND S ST
LAKEWOOD,WA98499 		NONE   GENERAL OPERATING 10,000

OLIVE CREST

2500 116TH AVE NE
BELLEVUE,WA98004 		NONE   GENERAL OPERATING 3,000
Total ................................. 3a 353,500
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 ........... 		         
4 Dividends and interest from securities ....     14 264,451  
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 ............ 		    18 365,996  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFBK LEGACY DIVIDEN 		    1 89  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   630,536  
13Total. Add line 12, columns (b), (d), and (e)..................
13
630,536
(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 InvestmentsCorpBondsSchedule
Name:
KILWORTH FLORENCE CHAR TR FNDN
EIN:
91-6221495
Name of Bond End of Year Book Value End of Year Fair Market Value
06406RBL0 BANK NEW YORK MTN 100,193 103,349
12189TAX2 BURLINGTON NORTH 121,311 111,741
438516CJ3 HONEYWELL INTL INC 101,675 102,094
458140AX8 INTEL CORP 48,414 49,388
828807CY1 SIMON PROPERTY GROUP 50,008 49,714
857477BD4 STATE STREET CORP 95,764 100,633
91324PDX7 UNITEDHEALTH GROUP 85,254 91,203
92826CAD4 VISA INC    
21036PBP2 CONSTELLATION BRANDS 100,379 100,459
231021AZ9 CUMMINS INC 99,258 102,099
94106LCD9 WASTE MGMT INC 99,792 102,243

TY 2025 InvestmentsCorpStockSchedule
Name:
KILWORTH FLORENCE CHAR TR FNDN
EIN:
91-6221495
Name of Stock End of Year Book Value End of Year Fair Market Value
002824100 ABBOTT LABORATORIES    
00724F101 ADOBE SYS INC    
007903107 ADVANCED MICRO DEVIC 27,666 95,087
02079K107 ALPHABET INC CL C    
02079K305 ALPHABET INC CL A 36,942 344,300
023135106 AMAZON.COM INC 110,914 253,902
03027X100 AMERICAN TOWER CORP 10,556 26,336
031162100 AMGEN INC 35,439 49,097
032654105 ANALOG DEVICES INC    
036752103 ELEVANCE HEALTH INC 19,861 26,291
037833100 APPLE INC COM 1,561 326,232
038222105 APPLIED MATERIALS IN    
084670702 BERKSHIRE HATHAWAY I 7,925 50,265
101137107 BOSTON SCIENTIFIC CO 11,582 28,605
166764100 CHEVRON CORP COM 27,671 53,344
17275R102 CISCO SYSTEMS INC 13,523 38,515
172967424 CITIGROUP INC    
191216100 COCA COLA COMPANY    
22160K105 COSTCO WHSL CORP 4,038 51,740
235851102 DANAHER CORP 1,456 11,446
26441C204 DUKE ENERGY CORP COM 12,082 17,582
26875P101 E O G RES INC 12,436 15,752
278865100 ECOLAB INC 12,936 26,252
30303M102 META PLATFORMS INC 57,676 132,018
34959J108 FORTIVE CORP WI    
38141G104 GOLDMAN SACHS GROUP 10,193 43,950
437076102 HOME DEPOT INC 43,277 94,628
438516106 HONEYWELL INTL INC 31,421 48,773
46625H100 JPMORGAN CHASE CO 13,105 112,777
532457108 ELI LILLY CO 13,595 188,069
57636Q104 MASTERCARD INC 13,385 85,632
580135101 MCDONALDS CORP COM 7,471 30,563
594918104 MICROSOFT CORP COM 13,194 398,987
609207105 MONDELEZ INTL INC CL    
666807102 NORTHROP GRUMMAN COR 22,546 42,766
74340W103 PROLOGIS INC 15,576 15,958
75513E101 RTX CORPORATION 6,223 18,340
79466L302 SALESFORCE INC 28,664 33,114
808513105 SCHWAB CHARLES CORP 49,636 119,892
87612E106 TARGET CORP COM    
911312106 UNITED PARCEL SERVIC    
91324P102 UNITEDHEALTH GROUP I 32,997 33,011
925652109 VICI PPTYS INC    
92939U106 WEC ENERGY GROUP INC 13,671 21,092
962166104 WEYERHAEUSER CO MTN    
98138H101 WORKDAY INC    
G29183103 EATON CORP PLC SHS 4,912 31,851
G54950103 LINDE PLC 8,173 21,320
G5960L103 MEDTRONIC PLC    
65339F101 NEXTERA ENERGY INC 23,767 24,084
67066G104 NVIDIA CORP COM 191,576 317,050
697435105 PALO ALTO NETWORKS I 56,183 64,470
806857108 SCHLUMBERGER LTD COM 34,507 30,704
90353T100 UBER TECHNOLOGIES IN 49,785 49,026
931142103 WALMART INC COM 29,992 55,705
64110L106 NETFLIX.COM INC 23,725 18,752
81762P102 SERVICENOW INC 25,495 19,149
83443Q103 SOLSTICE ADV MATL CO 1,950 3,012
893641100 TRANSDIGM GROUP INC 28,709 26,597

TY 2025 InvestmentsOtherSchedule2
Name:
KILWORTH FLORENCE CHAR TR FNDN
EIN:
91-6221495
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
09260B374 BLACKROCK STRATEGIC      
14064D873 FULLER THALER BEHAV AT COST 68,978 103,330
22540S836 CREDIT SUISSE FL RT      
233203868 DFA LARGE CAP INTL P AT COST 106,422 166,081
24610B826 NOMURA SMALL CAP COR AT COST 99,082 126,682
256206103 DODGE COX INTERNATIO AT COST 165,314 262,386
258620301 DOUBLELINE CORE FIX AT COST 335,155 295,505
41665X859 HARTFORD SCHRODERS E AT COST 149,577 261,408
464287226 ISHARES CORE U.S. AG AT COST 586,025 599,280
464287507 ISHARES CORE SP MID- AT COST 32,006 41,250
464287630 ISHARES RUSSELL 2000 AT COST 20,027 72,484
552746356 MFS INTERNATIONAL GR AT COST 196,022 271,335
670678119 NUVEEN REAL ESTATE S AT COST 93,343 74,876
693390841 P I M C O HIGH YIELD AT COST 26,493 30,917
72201F490 PIMCO INCOME FUND IN AT COST 231,420 214,956
74440B884 PGIM TOTAL RETURN BO AT COST 340,395 298,421
904504479 UNDISCOVERED MGRS BE      
921909818 VANGUARD TOT INT ST AT COST 192,597 343,153
922908553 VANGUARD REAL ESTATE AT COST 16,100 24,335
922908595 VANGUARD SMALL CAP G AT COST 97,864 135,950
FBK052108 F.B.K. LEGACY PROPER      
04314H568 ARTISAN HIGH INCOME AT COST 350,000 353,296
464287499 ISHARES RUSSELL MID AT COST 251,783 288,810
46432F842 ISHARES CORE MSCI EA AT COST 232,880 268,380
46434G103 ISHARES CORE MSCI EM AT COST 198,806 215,104
808524847 SCHWAB US REIT ETF AT COST 120,906 114,895
861728400 STONE RIDGE HY REINS AT COST 375,000 365,419

TY 2025 OtherAssetsSchedule
Name:
KILWORTH FLORENCE CHAR TR FNDN
EIN:
91-6221495
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
000000000 MISCELLANEOUS ENTRY 6,485 5,998 5,998


TY 2025 OtherDecreasesSchedule
Name:
KILWORTH FLORENCE CHAR TR FNDN
EIN:
91-6221495
Description Amount
CY PURCHASE OF ACCRUED INTEREST 3,169
ROC ON CY SALES 5
PY RETURN OF CAPITAL ADJUSTMENT 35
SECURITIES LITIGATION ADJ 55
COST BASIS ADJ 120


TY 2025 OtherExpensesSchedule
Name:
KILWORTH FLORENCE CHAR TR FNDN
EIN:
91-6221495
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE FILING FEE/TAX 25 0   25
FBK LEGACY MISC EXP 1,008 1,008   0


TY 2025 OtherIncomeSchedule2
Name:
KILWORTH FLORENCE CHAR TR FNDN
EIN:
91-6221495
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FBK LEGACY DIVIDENDS 89 89  


TY 2025 OtherIncreasesSchedule
Name:
KILWORTH FLORENCE CHAR TR FNDN
EIN:
91-6221495
Description Amount
PY PURCHASE OF ACCRUED INTEREST 2,413


TY 2025 TaxesSchedule
Name:
KILWORTH FLORENCE CHAR TR FNDN
EIN:
91-6221495
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 3,080 3,080   0
FEDERAL TAX PAYMENT - PRIOR YE 2,862 0   0
FEDERAL ESTIMATES - PRINCIPAL 5,856 0   0
FOREIGN TAXES ON NONQUALIFIED 1,272 1,272   0