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
Assurity Life Foundation
 
% Kevin Faltin
Number and street (or P.O. box number if mail is not delivered to street address) 2000 Q Street
  Room/suite
City or town
Lincoln
State or province
NE
Country  
ZIP or foreign postal code
68503
A Employer identification number

47-0775374
B Telephone number (see instructions)

4024766500
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)$6,429,198J 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 470 470  
4 Dividends and interest from securities... 170,400 170,400  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
165,265
b Gross sales price for all assets on line 6a 793,000
7 Capital gain net income (from Part IV, line 2)... 165,265
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........ 336,135 336,135  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
238 238    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
10,306 10,306    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,544 10,544   0
25 Contributions, gifts, grants paid....... 488,066 488,066
26 Total expenses and disbursements. Add lines 24 and 25 ................ 498,610 10,544   488,066
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -162,475
b Net investment income (if negative, enter -0-) 325,591
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............. 108,501 92,765 92,765
2 Savings and temporary cash investments.........      
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)....... 2,328,919 Click to see attachment
List of Attached Documents:
// Content
2,218,305 		3,905,496
c Investments—corporate bonds (attach schedule)....... 2,614,008 Click to see attachment
List of Attached Documents:
// Content
2,577,883 		2,430,937
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,051,428 4,888,953 6,429,198
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 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........ 5,051,428 4,888,953
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)..... 5,051,428 4,888,953
30 Total liabilities and net assets/fund balances (see instructions). 5,051,428 4,888,953
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
5,051,428
2
Enter amount from Part I, line 27a .....................
2
-162,475
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
4,888,953
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
4,888,953
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 Vanguard Devel Markets Index Admiral P 2015-12-18 2025-12-19
b Vanguard Emerging Markets Stock Index P 2013-08-12 2025-11-10
c Vanguard Total Bond Mkt Index Adm P 2015-12-18 2025-12-19
d Vanguard Small Cap Index Fund Inst P 2015-12-18 2025-09-04
e Vanguard Large Cap Index Fund Adm P 2015-12-18 2025-12-19
Vanguard Mid Cap Index Fund Adm P 2015-12-18 2025-05-13
Vanguard Real Estate Index Admiral P 2015-12-18 2025-03-10
(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 152,000   112,004 39,996
b 45,000   35,776 9,224
c 324,000   342,166 -18,166
d 44,000   27,068 16,932
e 182,000   80,719 101,281
31,000   17,490 13,510
15,000   12,512 2,488
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       39,996
b       9,224
c       -18,166
d       16,932
e       101,281
      13,510
      2,488
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 2 165,265
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 4,526
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 4,526
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 4,526
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 5,760
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,760
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 1,234
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax1,234 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
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)
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website address  
14
The books are in care ofJenny Oelke Telephone no. (402) 437-4382

Located at2000 Q StreetLincolnNE ZIP+4685033608
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
 
No
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
 
No
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
 
No
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
 
No
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
 
No
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
SUSAN L KEISLER-MUNRO PresidentCEODirector
1.00 		0 0 0
2000 Q Street
Lincoln,NE68503
DAVID D LOCKWOOD Vice PresDirector
1.00 		0 0 0
2000 Q Street
Lincoln,NE68503
KEVIN G FALTIN TreasurerDirector
1.00 		0 0 0
2000 Q Street
Lincoln,NE68503
JILL D FIDDLER Secretary
1.00 		0 0 0
2000 Q Street
Lincoln,NE68503
KATHLEEN A FARRELL Director
1.00 		0 0 0
6543 Blue Ridge Lane
Lincoln,NE68516
RYAN D DOWNS Director
1.00 		0 0 0
20909 South 192nd St
Springfield,NE68059
MARC E LEBARON Director
1.00 		0 0 0
600 West E Street
Lincoln,NE68522
CORINNA S VOKOUN Director
1.00 		0 0 0
5405 A Street
Lincoln,NE68510
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
6,126,980
b
Average of monthly cash balances.......................
1b
106,195
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
6,233,175
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
6,233,175
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
93,498
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,139,677
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
306,984
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
306,984
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
4,526
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,526
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
302,458
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
302,458
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
302,458
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
488,066
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
488,066
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 7 302,458
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...... 36,380
b From 2021...... 183,910
c From 2022......  
d From 2023...... 48,452
e From 2024...... 279,843
f Total of lines 3a through e ........ 548,585
4Qualifying distributions for 2025 from Part
XI, line 4: $ 488,066
a Applied to 2024, but not more than line 2a  
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..... 302,458
e Remaining amount distributed out of corpus 185,608
5 Excess distributions carryover applied to 2025.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 734,193
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) ... 		36,380
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		697,813
10 Analysis of line 9:
a Excess from 2021 .... 183,910
b Excess from 2022 ....  
c Excess from 2023 .... 48,452
d Excess from 2024 .... 279,843
e Excess from 2025 .... 185,608
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
0       0
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		        0
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:
KATHY BATEMAN
2000 Q Street
Lincoln,NE68503
(402) 437-3474
kbateman@assurity.com
bThe form in which applications should be submitted and information and materials they should include:
Paper or Electronic
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
None
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

12 Hills Dog Rescue

3174 H Ave
Walthill,NE68067 		None   Animal Rescue 1,000

American Cancer Society

PO Box 6704
Hagerstown,MD21741 		None   Cancer Research & Patient Support 469

American Heart Association

PO Box 5028
Boone,IA50950 		None   Heart Disease Research & Prevention 3,500

American Red Cross

431 18th Street NW
Washington,DC20006 		None   Disaster Relief 100

Asian Community & Cultural Center

144 N 44th St Ste A
Lincoln,NE68503 		None   Sharing of Cultural Heritage 100

Basset & Beagle Rescue of the Heartland

PO Box 554
Omaha,NE68010 		None   Animal Rescue 50

Beagle Freedom Project

4804 Laurel Canyon Blvd Ste 534
North Hollywood,CA91607 		None   Animal Rescue 50

Best Friends Animal Society

5001 Angel Canyon Rd
Big Water,UT84741 		None   Animal Rescue 75

Big Brothers Big Sisters

1416 Howard St
Omaha,NE68102 		None   Mentoring Programs 2,000

Breakthrough T1D (JDRF)

9202 W Dodge Rd Ste 304
Omaha,NE68114 		None   Medical Research & Education 500

Bright Lights Inc

5561 S 48th St Ste 220
Lincoln,NE68516 		None   Summer Learning Camps 1,000

Capital Humane Society

6500 S 70th St
Lincoln,NE68506 		None   Animal Rescue 334

Cedars Home for Children Foundation

6601 Pioneers Blvd Ste 2
Lincoln,NE68506 		None   Provide Safety & Stability for Children 10,100

Concordia University

800 N Columbia Ave
Seward,NE68434 		None   Higher Education 1,000

Elkhorn Public Schools Foundation

400 S 210th
Elkhorn,NE68022 		None   Educational Support Programs 68

Feeding America

161 N Clark St Ste 700
Chicago,IL60601 		None   Alleviate Hunger 75

Food Bank for the Heartland

10525 J St
Omaha,NE68127 		None   Alleviate Hunger 500

Food Bank of Lincoln

1221 Kingbird Rd
Lincoln,NE68521 		None   Alleviate Hunger 606

Foundation for LPS

5905 O Street
Lincoln,NE68510 		None   Support for Public School Programs 125,000

Friendship Home

PO Box 85358
Lincoln,NE68501 		None   Provide Emergency Shelter 1,500

Gabby Krause Foundation

7200 S Alton Way A-180
Greenwood Village,CO80112 		None   Support Children With Health Conditions 500

Greater Lincoln Chamber Foundation

PO Box 83006
Lincoln,NE68501 		None   Economic Development 15,000

Hearts United for Animals

PO Box 286
Auburn,NE68305 		None   Animal Shelter 283

Hopespoke

2444 O Street
Lincoln,NE68510 		None   Mental Health Services 1,000

Iowa Farm Sanctuary

1696 250th St NW
Oxford,IA52322 		None   Animal Rescue 75

Junior Achievement

631 L Street
Lincoln,NE68508 		None   Economic Education Programs 950

Leukemia & Lymphoma Society

17330 W Center Rd Ste 110-341
Omaha,NE68130 		None   Cancer Research Support & Advocacy 500

Lied Center for Performing Arts

301 N 12th St
Lincoln,NE68588 		None   Support & Development of Performing Arts 100

Lincoln Community Foundation

215 Centennial Mall South Ste 100
Lincoln,NE68508 		None   Leadership & Community Resources 10,000

Lincoln Rotary Club #14 Foundation

PO Box 83843
Lincoln,NE68501 		None   Education Youth Services & Civic Engagement 2,000

Lutheran Family Services

7929 W Center Road
Omaha,NE68124 		None   Family Support & Childrens Services 500

Madonna Foundation

5401 South St
Lincoln,NE68506 		None   Support for Rehab Hospitals 4,000

Malone Community Center

2032 U Street
Lincoln,NE68503 		None   Eliminate Poverty & Honor African American Heritage 138,600

Matt Talbot Kitchen & Outreach

PO Box 80935
Lincoln,NE68501 		None   Meals for Working Poor & Homeless 1,552

Midwest Baseball Academy (Lincoln Cyclones)

2440 Production Drive Ste 10
Roca,NE68430 		None   Foster Amateur Sports Competition 125

Mosaic Foundation

4980 S 118th St
Omaha,NE68137 		None   Advocate for Individuals w Intellect Disab 500

Mourning Hope

1311 S Folsom St
Lincoln,NE68522 		None   Grief Support Services 1,500

NE Chamber Foundation

1128 Lincoln Mall Ste 320
Lincoln,NE68508 		None   Support & Research of Economic Growth 11,500

Nebraska Childrens Home Society

4939 S 118th St
Omaha,NE68137 		None   Provide Safe & Loving Care for Children 1,000

Nebraska Humane Society

8929 Fort Street
Omaha,NE68134 		None   Animal Shelter 52

Nebraska Lutheran Outdoor Ministries

27416 Ranch Rd
Ashland,NE68003 		None   Christian Leadership Camp 500

Nebreaska Public Media Foundation

1800 N 33rd St
Lincoln,NE68503 		None   Support of Public Media 1,000

Nebraska Trails Foundation

PO Box 82902
Lincoln,NE68501 		None   Outdoor Recreation 1,000

Nebraska Wesleyan University

5000 St Paul Ave
Lincoln,NE68504 		None   Liberal Arts Education 26,000

Norris Education Foundation

25211 68th St
Firth,NE68358 		None   Support Education Programs 500

Northstar Foundation

4242 North 49th Ave
Omaha,NE68104 		None   After School Programs 1,500

Pregnancy Center

111 Piazza Terrace
Lincoln,NE68510 		None   Womens Medical Serivces 1,000

Sheldon Art Association

PO Box 880300
Lincoln,NE68588 		None   Art Engagement 2,500

Sioux Falls Area Community Foundation

200 N Cherapa Pl
Sioux Falls,SD57103 		None   Leadership & Community Resources 500

SCC Educational Foundation

8800 O Street Ste 227
Lincoln,NE68520 		None   Scholarship Programs 12,500

Tabitha Foundation

4720 Randolph St
Lincoln,NE68510 		None   Elder Care 2,500

Team Jack Foundation

47640 US Hwy 20 Ste 2
Atkinson,NE68713 		None   Pediatric Brain Cancer Research & Awareness 200

The Asher House

PO Box 3548
Salem,OR97302 		None   Animal Shelter 26

Tunnel to Towers Foundation

2361 Hylan Blvd
Staten Island,NY10306 		None   Support of Military & First Responders 200

United Way of Lincoln & Lancaster County

238 S 13th St
Lincoln,NE68508 		None   Community Support 98,925

University Of Nebraska Foundation

PO Box 82555
Lincoln,NE68501 		None   Sponsor Higher Education Programs 1,000

Wachiska Audubon Society

3100 N 112th
Lincoln,NE68507 		None   Support Environmental Conservation 51

Wildlife Rescue Team Inc

PO Box 80127
Lincoln,NE68501 		None   Animal Rescue 150

Willow Center

2205 N 6th
Beatrice,NE68310 		None   Pregnancy Support 150

YWCA

5631 S 48th St Ste 410
Lincoln,NE68516 		None   Empower Women & Children 100
Total ................................. 3a 488,066
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 470  
4 Dividends and interest from securities ....     14 170,400  
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 ............ 		    14 165,265  
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) ..   336,135  
13Total. Add line 12, columns (b), (d), and (e)..................
13
336,135
(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)
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TY 2025 GainLossSaleOtherAssetsSch
Name:
Assurity Life Foundation
EIN:
47-0775374
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
Vanguard Dev Mkt Indx 2015-12 Purchase 2025-12 12192025 152,000 112,004 Cost   39,996  
Vanguard Emerg Stk Indx 2013-08 Purchase 2025-11 11102025 45,000 35,776 Cost   9,224  
Vanguard Total Bond Mkt 2015-12 Purchase 2025-12 12192025 324,000 342,166 Cost   -18,166  
Vanguard Small Cap Indx 2015-12 Purchase 2025-09 09042025 44,000 27,068 Cost   16,932  
Vanguard Large Cap Indx 2015-12 Purchase 2025-12 12192025 182,000 80,719 Cost   101,281  
Vanguard Mid Cap Indx 2015-12 Purchase 2025-05 05132025 31,000 17,490 Cost   13,510  
Vanguard Real Estate Indx 2015-12 Purchase 2025-03 03102025 15,000 12,512 Cost   2,488  

TY 2025 InvestmentsCorpBondsSchedule
Name:
Assurity Life Foundation
EIN:
47-0775374
Name of Bond End of Year Book Value End of Year Fair Market Value
Vanguard Total Bond Market Index Fund 2,577,883 2,430,937

TY 2025 InvestmentsCorpStockSchedule
Name:
Assurity Life Foundation
EIN:
47-0775374
Name of Stock End of Year Book Value End of Year Fair Market Value
Vanguard Developed Markets Index Fund 427,950 653,079
Vanguard Emerging Markets Stock Index Fund 244,250 332,254
Vanguard Large Cap Index Fund 537,001 1,298,986
Vanguard Mid Cap Index Fund 353,143 655,751
Vanguard Real Estate Index Fund 274,768 308,871
Vanguard Small Cap Index Fund 381,193 656,555

TY 2025 OtherProfessionalFeesSchedule
Name:
Assurity Life Foundation
EIN:
47-0775374
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Bank Fees 210 210    
Other Fees 28 28    


TY 2025 TaxesSchedule
Name:
Assurity Life Foundation
EIN:
47-0775374
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Income Tax 10,306 10,306