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
JOHN AND EMMA DERST FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 23174
  Room/suite
City or town
SAVANNAH
State or province
GA
Country  
ZIP or foreign postal code
31403
A Employer identification number

58-6043441
B Telephone number (see instructions)

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)$1,406,827J 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) 5,355
2 Check .................
3 Interest on savings and temporary cash investments 842 842 842
4 Dividends and interest from securities... 48,374 48,374 48,374
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -2,051
b Gross sales price for all assets on line 6a 13,549
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 52,520 49,216 49,216
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,800     1,800
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,675     1,675
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
684      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
318      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,477 0   3,475
25 Contributions, gifts, grants paid....... 65,150 65,150
26 Total expenses and disbursements. Add lines 24 and 25 ................ 69,627 0   68,625
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -17,107
b Net investment income (if negative, enter -0-) 49,216
c Adjusted net income (if negative, enter -0-)... 49,216
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............. 7,540 11,081 11,081
2 Savings and temporary cash investments......... 23,720 13,039 13,025
3 Accounts receivable  
Less: allowance for doubtful accounts        
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)      
b Investments—corporate stock (attach schedule)....... 426,436 Click to see attachment
List of Attached Documents:
// Content
416,451 		1,319,756
c Investments—corporate bonds (attach schedule)....... 25,000 Click to see attachment
List of Attached Documents:
// Content
25,000 		20,810
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 36,678 Click to see attachment
List of Attached Documents:
// Content
36,678 		42,119
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
18 		Click to see attachment
List of Attached Documents:
// Content
36 		Click to see attachment
List of Attached Documents:
// Content
36
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 519,392 502,285 1,406,827
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........ 58,695 58,695
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 460,697 443,590
29 Total net assets or fund balances (see instructions)..... 519,392 502,285
30 Total liabilities and net assets/fund balances (see instructions). 519,392 502,285
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
519,392
2
Enter amount from Part I, line 27a .....................
2
-17,107
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
502,285
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
502,285
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 10 BLACKSTONE P 2024-12-01 2025-10-14
b 20 GARRETT MOTION P 2014-01-01 2025-10-14
c 818 HAWAIIAN ELEC INDS INC P 1989-01-27 2025-10-14
d 34 RESIDEO TECHNOLOGIES P 2014-01-01 2025-10-14
e 7 WABTEC P 2014-01-01 2025-10-14
(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 1,565   1,914 -349
b 260   209 51
c 8,981   12,708 -3,727
d 1,391   605 786
e 1,352   164 1,188
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       -349
b       51
c       -3,727
d       786
e       1,188
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 -2,051
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 -349
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) 1 684
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........................... 3 684
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- ..... 5 684
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 720
b Exempt foreign organizations—tax withheld at source...... 6b  
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.............. 7 720
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 36
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax36 Refunded 11  
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
 
No
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)
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 addressN/A
14
The books are in care ofD MORGAN DERST Telephone no. (912) 657-9283

Located at15 BARTOW POINTSAVANNAHGA ZIP+431403
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
 
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
D MORGAN DERST CEO
0.00 		0    
15 BARTOW POINT
SAVANNAH,GA31403
EDWARD J DERST III CFO
0.00 		0    
12812 ROCKWELL AVENUE
SAVANNAH,GA31419
HEATHER SMITH Secretary
0.50 		1,800    
1165 BELFAST RIVER ROAD
RICHMOND HILL,GA31324
CATHERINE D MILLER Treasurer
0.00 		0    
620 DANCY AVENUE
SAVANNAH,GA31419
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...................  
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 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
1,428,406
b
Average of monthly cash balances.......................
1b
44,938
c
Fair market value of all other assets (see instructions)................
1c
24
d
Total (add lines 1a, 1b, and 1c).......................
1d
1,473,368
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
 
3
Subtract line 2 from line 1d.........................
3
1,473,368
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
22,101
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,451,267
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
72,563
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
72,563
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
684
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
684
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
71,879
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
71,879
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
71,879
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
68,625
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
68,625
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 71,879
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022...... 2,107
d From 2023...... 20,478
e From 2024...... 2,726
f Total of lines 3a through e ........ 25,311
4Qualifying distributions for 2025 from Part
XI, line 4: $ 68,625
a Applied to 2024, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 68,625
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2025. 3,254 3,254
(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 22,057
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 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
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 ...... 		22,057
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 .... 19,331
d Excess from 2024 .... 2,726
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
 
POST OFC BOX 23174
SAVANNAH,GA314033174
(912) 667-5800
heatherburton194@gmail.com
bThe form in which applications should be submitted and information and materials they should include:
THE APPLICANT MUST BE A CHARITABLE ORGANIZATION APPROVED BY THE INTERNAL REVENUE SERVICE AND LOCATED IN THE COASTAL AREA SURROUNDING SAVANNAH, GEORGIA, AND SUBMIT COPIES OF ITS MOST RECENT FINANCIAL STATEMENTS AND INCOME TAX RETURN.
cAny submission deadlines:
N/A
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
CONTRIBUTIONS MUST GO TO THE ENDOWMENT ACCOUNT, NOT FOR GENERAL OPERATIONS. THUS, THE FOUNDATION WILL BE ABLE TO BUILD AN INVESTMENT PORTFOLIO FOR THE FUNDING OF FUTURE CHARITABLE PURPOSES AND NOT USED FOR SUPPORT OF DAILY OPERATIONS.
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
AMERICAN CANCER SOCIETY


6600 ABERCORN STREET STE 206
SAVANNAH,GA31405 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,200
BENEDICTINE MILLITARY SCHOOL ENDOWM


6502 SEAWRIGHT DRIVE
SAVANNAH,GA31406 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,350
COASTAL HERITAGE SOCIETY ENDWMT FD


303 MARTIN LUTHER KING JR BLVD
SAVANNAH,GA31401 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,400
HOSPICE OF SAVANNAH ENDWMT


PO BOX 13190
SAVANNAH,GA31416 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,500
MASONIC HOME OF GEORGIA


811 MULBERRY STREET
MACON,GA31201 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,200
MIGHTY 8TH AF MUSEUM ENDWMT


PO BOX 1992
SAVANNAH,GA31402 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,150
RAPE CRISIS CENTER ENDWMT FUND


PO BOX 8492
SAVANNAH,GA31412 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,200
SAVANNAH COMMUNITY FOUNDATION


2225 Norwood Ave
SAVANNAH,GA31406 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 10,400
SALVATION ARMY SAV'H HOME TOWN ENDW


PO BOX 23798
SAVANNAH,GA31403 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,700
SCOTTISH RITE CHILD CARE ENDWMT FD


1687 TULLIE CIRCLE NE
ATLANTA,GA30329 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,500
ST VINCENT'S ACADEMY ENDWMT FD


207 EAST LIBERTY STREET
SAVANNAH,GA31401 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,350
TELFAIR MUSEUM OF ART ENDWMT FD


PO BOX 10081
SAVANNAH,GA31412 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,200
WEST BROAD STREET YMCA ENDWMT FD


1110 MAY STREET
SAVANNAH,GA31415 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,300
YMCA HABERSHAM ST ENDWMT FD


6400 HABERSHAM ST
SAVANNAH,GA31405 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,300
GOODWILL INDS COASTAL EMPIRE ENDWMT


PO BOX 15007
SAVANNAH,GA31416 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,250
GREENBRIAR CHILDREN'S CENTER ENDWMT


3709 HOPKINS STREET
SAVANNAH,GA31405 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,200
GEORGIA RADIO READING SERVICES


260 14TH STREET
ATLANTA,GA30318 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,100
TWO HUNDRED CLUB ENDOWMT FD


PO BOX 779
MIDWAY,GA31320 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,200
GEORGIA INDEPENDENT COLLEGES ASSN


600 West Peachtree St NW Ste 1710
ATLANTA,GA30308 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,700
CRIMESTOPPERS ENDWMT FD


3107 EAST VICTORY DRIVE
SAVANNAH,GA31404 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,600
RAM BAM DAY SCHOOL ENDWMT FD


5111 ABERCORN STREET
SAVANNAH,GA31405 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,350
MEMORIAL DAY SCHOOL ENDWMT


6500 HABERSHAM STREET
SAVANNAH,GA31405 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,350
VICTOR B JENKINS BOYS CLUB ENDMT


PO BOX 14271
SAVANNAH,GA31416 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,300
FRANK CALLEN BOYSGIRLS CLUB ENDWMT


413 WEST DUFFY STREET
SAVANNAH,GA31401 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,300
HUMANE SOCIETY ENDWMT FD


7215 SALLIE MOOD DRIVE
SAVANNAH,GA31406 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,300
BETHESDA UNION SOCIETY


PO BOX 13039
SAVANNAH,GA31416 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,300
CALVARY BAPTIST DAY SCHOOL ENDWMT


4625 WATERS AVENUE
SAVANNAH,GA31406 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,250
SENIOR CITIZENS ALZHEIMERS ENDWMT F


201 TELEVISION CIRCLE
SAVANNAH,GA31406 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,200
GEORGIA SALZBURGER SOCIETY


2980 EBENEZER ROAD
RINCON,GA31326 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,200
SAVANNAH OGEECHEE CANAL SOCIETY


681 FORT ARGYLE ROAD
SAVANNAH,GA31405 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,200
SAVANNAH MUSIC FESTIVAL ENDOWMENT


200 EAST SAINT JULIAN STE 601
SAVANNAH,GA31401 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,000
COASTAL PET RESCUE


639 ARCHER ROAD
GUYTON,GA31321 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,000
ISLANDS FERAL CAT PROJECT


28 Twelve Oaks Dr
SAVANNAH,GA31410 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,000
SENIOR CITIZENS MEALS ON WHEELS


3025 Bull Street
SAVANNAH,GA31401 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,700
SONS OF CONFEDERATE VETERANS


544 MULBERRY ST STE 310
MACON,GA31202 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 2,000
SAV A LIFE


4 Raintree LAnE
SAVANNAH,GA31411 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,200
SAVANNAH CHILDREN'S THEATRE


2160 E Victory Dr
SAVANNAH,GA31404 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 800
CHAT-SAV'H AUTHHMLSS tIny Hs Projec


761 Wheaton StREET
Savannah,GA31401 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 700
FRESH AIRE HOME


900 Butler AveNUE
Tybee Island,GA31328 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 5,000
GA Rescue Rehabilitatn Relocatn


6609 LaRoche Ave
savannah,GA31406 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 700
ONE LOVE ANIMAL RESCUE


463 JOHNNY MERCER BLVD
SAVANNAH,GA31410 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 500
LIVING VINE Inc


535 E 54th St
SAVANNAH,GA31405 		NONE   FOR FURTHERANCE OF ITS CHARITABLE PURPOSE 1,000
Total ................................. 3a 65,150
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 ........... 		    14 842  
4 Dividends and interest from securities ....     14 48,374  
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 -2,051  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   47,165  
13Total. Add line 12, columns (b), (d), and (e)..................
13
47,165
(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.)
348 ALL INVESTMENTS WERE MADE ADHERING TO PRUDENT INVESTMENT STRATEGIES WITH THE OBJECTIVES OF MAXIMIZING GAINS, MINIMIZING LOSSES, AND LOCKING IN PROFITS TO PRESERVE CORPUS FOR FULFILLMENT OF GRANTOR'S INTENT (PERPETUAL FUNDING FOR ORGANIZATIONS WHICH MEET THE APPROVED CRITERIA).
8 ALL SALES OF STOCKS WERE MADE ADHERING TO PRUDENT INVESTMENT STRATEGIES WITH THE OBJECTIVES OF MAXIMIZING GAINS, MINIMIZING LOSSES, AND LOCKING IN PROFITS TO PRESERVE CORPUS FOR FULFILLMENT OF GRANTOR'S INTENT (PERPETUAL FUNDING FOR ORGANIZATIONS WHICH MEET THE APPROVED CRITERIA).
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: 25022934
Software Version: 2025v4.1


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
JOHN AND EMMA DERST FOUNDATION INC
 
Employer identification number

58-6043441
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
JOHN AND EMMA DERST FOUNDATION INC
  		Employer identification number
58-6043441
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
D MORGAN DERST
PO BOX 23174
 
SAVANNAH, GA31403

$ 5,355


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
JOHN AND EMMA DERST FOUNDATION INC
  		Employer identification number

58-6043441
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 500 SHARE FLOWERS FOODS $ 5,355 2025-12-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
JOHN AND EMMA DERST FOUNDATION INC
  		Employer identification number

58-6043441
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID: 25022934
Software Version: 2025v4.1

TY 2025 AccountingFeesSchedule
Name:
JOHN AND EMMA DERST FOUNDATION INC
EIN:
58-6043441
Software ID:
25022934
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION 1,675 0 0 1,675

TY 2025 InvestmentsCorpBondsSchedule
Name:
JOHN AND EMMA DERST FOUNDATION INC
EIN:
58-6043441
Software ID:
25022934
Software Version:
2025v4.1
Name of Bond End of Year Book Value End of Year Fair Market Value
1,000 THE GABELLI EQ TR SER H 5% 25,000 20,810

TY 2025 InvestmentsCorpStockSchedule
Name:
JOHN AND EMMA DERST FOUNDATION INC
EIN:
58-6043441
Software ID:
25022934
Software Version:
2025v4.1
Name of Stock End of Year Book Value End of Year Fair Market Value
1,000 ALTRIA GROUP 8,616 57,660
3,000 AT&T 13,802 74,520
800 CRCKR BAREL OLD COUNTRY STORE INC. 6,935 20,320
1,278 COCA COLA 36,603 89,345
3,185 FLOWERS FOODS INC. 23,759 34,653
818 HAWAIIAN ELECTRIC INDS INC.    
230 KRAFT (THE)HEINZ CO 12,093 5,577
1,000 PHILIP MORRIS INTL INC. 19,634 160,400
300 J M SMUCKER CO. 12,448 29,343
3,632 SOUTHERN COMPANY 9,384 316,710
632 XCEL ENERGY INC. 14,750 46,680
692 MONDOLEZ INTERNATIONAL INC 7,455 37,250
193 ABBVIE INC. 10,013 44,099
250 AUTOMATIC DATA PROCESSING 17,271 64,307
300 BP PLC 12,550 10,419
200 DISNEY (WALT) CO. 19,937 22,754
175 GE AEROSPACE 18,425 53,905
208 HONEYWELL INTL INC 15,313 40,579
200 CHEVRON CORP 23,193 30,482
1,400 KINDER MORGAN 34,528 38,486
250 MOLSON COOR BREW 15,036 11,670
8 ADVANSIX INC. 103 138
200 General Mills 10,840 9,300
400 Scotts Miracle Gro 26,350 23,340
20 Garrett Motion    
34 Resideo Technologies    
200 Exxon Mobil 14,750 24,068
7 WABTEC    
200 OTIS WORLDWIDE 13,212 17,470
725+ WARNER BROS DISCOVERY 3,339 20,894
58 GE HEALTHCARE 7,677 4,757
10 BLACKSTONE INC.    
43 GE VERNOVA 4,607 28,104
52 SOLSTICE ADVANCED 3,828 2,526

TY 2025 InvestmentsOtherSchedule2
Name:
JOHN AND EMMA DERST FOUNDATION INC
EIN:
58-6043441
Software ID:
25022934
Software Version:
2025v4.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
650 Ishares Intl Select Dividend ETF AT COST 21,464 25,643
375 SPDR S & P Intl Didvd AT COST 15,214 16,476

TY 2025 OtherAssetsSchedule
Name:
JOHN AND EMMA DERST FOUNDATION INC
EIN:
58-6043441
Software ID:
25022934
Software Version:
2025v4.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
FEDERAL OVERPMT 18 36  
FEDERAL OVERPMT APPLIED     36


TY 2025 OtherExpensesSchedule
Name:
JOHN AND EMMA DERST FOUNDATION INC
EIN:
58-6043441
Software ID:
25022934
Software Version:
2025v4.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK/ADR CHARGES 225      
CORPORATE REGISTRATION 35      
OTHER 23      
POSTAGE 35      


TY 2025 TaxesSchedule
Name:
JOHN AND EMMA DERST FOUNDATION INC
EIN:
58-6043441
Software ID:
25022934
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2025 FEDERAL EXCISE TAX 684