TY 2025 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2025

Open to Public Inspection

For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25

Name of foundation
THE RILEY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address) 4518 POPLAR SPRINGS DRIVE
Room/suite

City or town
MERIDIAN

State or province
MS

Country

ZIP or foreign postal code
39305

A Employer identification number

64-0707746

B Telephone number (see instructions)

6014811430

C If exemption application is pending, check here

G Check all that apply: Initial returnInitial return of a former public charity

Address change Name change

D 1. Foreign organizations, check here.............

2. Foreign organizations meeting the 85%
test, check here and attach computation ...

E If private foundation status was terminated
under section 507(b)(1)(A), check here .......

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$102,898,906J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .................
3	Interest on savings and temporary cash investments	668,531		668,531
4	Dividends and interest from securities...	1,041,356		1,041,356
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		8,667,759
b	Gross sales price for all assets on line 6a 22,702,152
7	Capital gain net income (from Part IV, line 2)...			8,667,759
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........	10,377,646		10,377,646
13	Compensation of officers, directors, trustees, etc.	717,644		223,451	422,427
14	Other employee salaries and wages......	91,136			82,022
15	Pension plans, employee benefits.......	129,896			116,906
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	17,730	4,433	4,433
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	171,038
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	88,480
20	Occupancy..............	86,766		17,353	52,060
21	Travel, conferences, and meetings.......	26,716		2,672	20,037
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	96,840	21,500	64,865
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,426,246		269,409	762,750
25	Contributions, gifts, grants paid.......	977,827			3,745,213
26	Total expenses and disbursements. Add lines 24 and 25 ................	2,404,073		269,409	4,507,963
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	7,973,573
b	Net investment income (if negative, enter -0-)			10,108,237
c	Adjusted net income (if negative, enter -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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1,333,648	576,722	576,722
	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)	74,000	List of Attached Documents: // Content 298,200	298,200
	b	Investments—corporate stock (attach schedule).......	74,650,579	List of Attached Documents: // Content 84,509,887	84,509,887
	c	Investments—corporate bonds (attach schedule).......	15,639,448	List of Attached Documents: // Content 12,953,899	12,953,899
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	192,166	List of Attached Documents: // Content 147,668	147,669
	14	Land, buildings, and equipment: basis 4,952,643
		Less: accumulated depreciation (attach schedule) 2,462,129	1,459,209	List of Attached Documents: // Content 2,490,514	4,412,529
	15	Other assets (describe )	List of Attached Documents: // Content 89,680
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	93,438,730	100,976,890	102,898,906
	17	Accounts payable and accrued expenses..........	7,259	44,701
	18	Grants payable.................	7,873,587	5,106,201
	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 )	List of Attached Documents: // Content 340,696	List of Attached Documents: // Content 466,798
	23	Total liabilities (add lines 17 through 22).........	8,221,542	5,617,700
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	85,217,188	95,359,190
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	85,217,188	95,359,190
	30	Total liabilities and net assets/fund balances (see instructions).	93,438,730	100,976,890

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

85,217,188

Enter amount from Part I, line 27a .....................

7,973,573

Other increases not included in line 2 (itemize) Click to see attachment

List of Attached Documents:

// Content

2,168,429

Add lines 1, 2, and 3 ..........................

95,359,190

Decreases not included in line 2 (itemize)

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..

95,359,190

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
1 a	PUBLICLY TRADED SECURITIES	P
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	22,702,152	14,034,393	8,667,759
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			8,667,759
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	8,667,759
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 .........................		3	8,667,759

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.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	140,504
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	140,504
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	140,504
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	44,936
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	44,936
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	95,568
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2026 estimated tax	Refunded	11
	For Refunded amount, also complete and attach Form 8050. See instructions.

Form 990-PF (2025)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. $ (2) On foundation managers.$

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers.$

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website addressWWW.RILEYFOUNDATION.ORG

The books are in care ofBECKY G FARLEY Telephone no. (601) 481-1430

Located at4518 POPLAR SPRINGS DRIVEMERIDIANMS ZIP+439305

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 ........

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........

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? .............

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)):

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?....................

If "Yes," list the years 20, 20, 20, 20

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.) ..............

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

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.).....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2025)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check .........

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
LINDY R DEEN	DIRECTOR 5.00	22,000	0
4518 POPLAR SPRINGS DRIVE MERIDIAN,MS39305	DIRECTOR 5.00	22,000	0
MARTY DAVIDSON	CHAIRMAN/CEO 20.00	216,305	0
4518 POPLAR SPRINGS DRIVE MERIDIAN,MS39305	CHAIRMAN/CEO 20.00	216,305	0
MALCOLM PORTERA	VP/SECRETARY 10.00	105,229	0
4518 POPLAR SPRINGS DRIVE MERIDIAN,MS39305	VP/SECRETARY 10.00	105,229	0
BECKY G FARLEY	EXEC. DIRECT 40.00	159,014	74,559
4518 POPLAR SPINGS DRIVE MERIDIAN,MS39305	EXEC. DIRECT 40.00	159,014	74,559
CHRISTINE RILEY	DIRECTOR 5.00	22,000	0
4518 POPLAR SPRINGS DRIVE MERIDIAN,MS39305	DIRECTOR 5.00	22,000	0
GAIL RILEY	DIRECTOR 5.00	22,000	0
4518 POPLAR SPRINGS DRIVE MERIDIAN,MS39305	DIRECTOR 5.00	22,000	0
MANNY MITCHELL	DIRECTOR 5.00	23,000	0
4518 POPLAR SPRINGS DRIVE MERIDIAN,MS39305	DIRECTOR 5.00	23,000	0
RICHARD F RILEY JR	DIRECTOR 5.00	22,000	0
4518 POPLAR SPRINGS DRIVE MERIDIAN,MS39305	DIRECTOR 5.00	22,000	0
WAYNE HENSON	DIRECTOR 5.00	22,250	0
4518 POPLAR SPRINGS DRIVE MERIDIAN,MS39305	DIRECTOR 5.00	22,250	0
WILLIAM W SIMMONS	DIRECTOR 5.00	22,000	0
4518 POPLAR SPRINGS DRIVE MERIDIAN,MS39305	DIRECTOR 5.00	22,000	0
TOMMY DULANEY	TREASURER 10.00	81,846	0
4518 POPLAR SPRINGS DRIVE MERIDIAN,MS39305	TREASURER 10.00	81,846	0

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
CHRISTY S BUCKALEW	CONTROLLER 32.00	91,136	55,337
4518 POPLAR SPRINGS DRIVE MERIDIAN,MS39305	CONTROLLER 32.00	91,136	55,337








Total number of other employees paid over $50,000...................

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	N/A
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3.........................

Form 990-PF (2025)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

92,502,353

Average of monthly cash balances.......................

947,395

Fair market value of all other assets (see instructions)................

1,536,971

Total (add lines 1a, 1b, and 1c).......................

94,986,719

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

94,986,719

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

1,424,801

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

93,561,918

Minimum investment return. Enter 5% (0.05) of line 5 ................

4,678,096

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.)

Minimum investment return from Part IX, line 6..................

4,678,096

Tax on investment income for 2025 from Part V, line 5 .......

140,504

Income tax for 2025. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

140,504

Distributable amount before adjustments. Subtract line 2c from line 1............

4,537,592

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

4,537,592

Deduction from distributable amount (see instructions) .................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

4,537,592

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........

4,507,963

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

4,507,963

Form 990-PF (2025)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2025
1 Distributable amount for 2025 from Part X, line 7			4,537,592
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......	734,998
d From 2023......
e From 2024......	1,279,755
f Total of lines 3a through e ........		2,014,753
4Qualifying distributions for 2025 from Part
XI, line 4: $ 4,507,963
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) ........
d Applied to 2025 distributable amount.....			4,507,963
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2025.		29,629	29,629
(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		1,985,124
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 ......		1,985,124
10 Analysis of line 9:
a Excess from 2021 ....
b Excess from 2022 ....	705,369
c Excess from 2023 ....
d Excess from 2024 ....	1,279,755
e Excess from 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 4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% (0.85) of line 2a .......
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, 3b, or 3c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

JAN RILEY
4518 POPLAR SPRINGS DRIVE
MERIDIAN,MS39305
(601) 481-1430
JAN@RILEYFOUNDATION.ORG

bThe form in which applications should be submitted and information and materials they should include:

APPLICATIONS ARE ONLY AVAILABLE ONLINE AND MUST BE SUBMITTED THROUGH THE FOUNDATION'S WEBSITE WWW.RILEYFOUNDATION.ORG

cAny submission deadlines:

REFER TO WEBSITE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

THE FOUNDATION'S PRIMARY FOCUS IS HEALTHCARE, EDUCATION, CULTURAL, ENVIRONMENTAL AND ECONOMIC CONDITIONS FOR THE PEOPLE OF MERIDIAN AND LAUDERDALE COUNTY MS.

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BOY SCOUTS OF AMERICA 2102 8TH ST MERIDIAN,MS39301			SUMMER INTERN PROGRAM	4,000
MERIDIAN NAVAL AIR STATION 255 ROSENBAUM AVENUE MERIDIAN,MS39309			WINGS OVER MERIDIAN	5,000
FREE CLINIC OF MERIDIAN 4707 POPLAR SPRINGS DR MERIDIAN,MS39305			SUMMER INTERN PROGRAM,OPERATING	14,000
LOVE INC 801 18TH AVE MERIDIAN,MS39301			OPERATING EXPENSES,SNAP BENEFIT SUSP	20,000
MERIDIAN ART ASSOCIATION 628 25TH AVE MERIDIAN,MS39301			SUMMER INT PROGRAM,OPERATING,LIBRARY	64,000
MS METHODIST SENIOR SERVICES 6600 POPLAR SPRINGS DR MERIDIAN,MS39305			SUMMER INTERN PROGRAM	4,000
COMMUNITY FOUNDATION OF EAST MS 4817 NORTH PARK DRIVE MERIDIAN,MS39305			SUMMER INTERN PROGRAM	4,000
MCC FOUNDATION 910 HWY 19N MERIDIAN,MS39307			SUMMER INTERN PROGRAM-"ANASTASIA"	4,000
MERIDIAN SYMPHONY ASSOCIATION 2102 5TH STREET MERIDIAN,MS39301			SUMMER INTERN,PROGRAM CONCERT SERIES	12,500
MS STATE UNIVERSITY FOUNDATION PO BOX 6149 MISSISSIPPI STATE,MS39762			PROGRAM /SUMMER INTERN/SCHOLARSHIP/P	2,870,863
MULTI-COUNTY COMMUNITY SERVICE 2906 ST PAUL ST MERIDIAN,MS39301			HOMELESS OUTREACH/SNAP ASSISTANCE	60,000
MS JR MISS PROGRAM PO BOX 582 MERIDIAN,MS39302			SUMMER INTERN PROGRAM	4,000
MS ARTS & ENTERTAINMENT 2155 FRONT STREET MERIDIAN,MS39301			EXHIBITS/SUMMER INTERN PROGRAM	129,000
MISSISSIPPI CHILDREN'S MUSEUM 403 22ND AVE MERIDIAN,MS39301			CONSTRUCTION/EXHIBITS/SUMMER INTERN	529,000
STATE GAMES OF MISSISSIPPI 5201 14TH ST MERIDIAN,MS39301			SUMMER INTERN PROGRAM	4,000
EXPONENT PHILANTHROPY 1720 N STREET NW WASHINGTON,DC20036			OPERATING SUPPORT	850
CITY OF MERIDIAN HOUSING AUTHORITY 2425 E STREET MERIDIAN,MS39301			SUMMER INTERN PROGRAM	4,000
MERIDIAN RAILS HISTORICAL SOCIETY 1805 FRONT STREET MERIDIAN,MS39301			SUMMER INTERN PROGRAM	4,000
UNITED WAY OF EAST MS 4817 NORTH PARK DR-SUITEB MERIDIAN,MS39301			SUMMER INTERN PROGRAM	4,000
MERIDIAN RESTORATIONS FOUNDATION 905 MLK MEMORIAL DR MERIDIAN,MS39301			SUMMER INTERN PROGRAM	4,000
Total ................................. 3a				3,745,213

bApproved for future payment
MS STATE UNIVERSITY FOUNDATION PO BOX 6149 MISSISSIPPI STATE,MS39762	HEALTH PROGRAMS,PERFORMING ARTS	3,328,895
MISSISSIPPI CHILDRENS MUSEUM 403 22ND AVENUE MERIDIAN,MS39301	OPERATING SUPPORT	1,600,000
MERIDIAN ART ASSOCIATION 628 25TH AVE MERIDIAN,MS39305	CARNEGIE LIBRARY EXPANSION	50,000
MS ARTS & ENTERTAINMENT 2155 FRONT STREET MERIDIAN,MS39301	OPERATING SUPPORT	250,000
Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	668,531
4 Dividends and interest from securities ....			14	1,041,356
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	8,667,759
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) ..				10,377,646

13Total. Add line 12, columns (b), (d), and (e)..................

10,377,646

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2025)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2025 AccountingFeesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
AUDIT FEES	13,300	3,325		3,325
CONSULTING FEES	4,430	1,108		1,108

- TIN:

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

TY 2025 DepreciationSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
LAND	2000-06-18	203,313
BUILDING	2000-06-18	3,066,860	1,878,454	S/L	40.0000	76,671
ADDITIONAL COMPLETION	2001-06-14	13,858	8,132	S/L	40.0000	347
DOUBLE GATE	2013-09-01	8,248	6,233	S/L	15.0000	550
HVAC SYSTEM	2014-02-28	47,500	24,938	S/L	20.0000	2,375
BINDING SYSTEM	1999-08-02	300	300	S/L	5.0000
OFFICE SHREDDER	2006-05-17	460	460	S/L	5.0000
SERVER (BEVERLY)	2010-08-03	6,892	6,892	S/L	5.0000
HVAC REPAIRS, CASSETTS	2011-03-15	22,075	22,075	S/L	10.0000
EXERCISE EQUIPMENT	2012-10-09	3,554	3,554	S/L	10.0000
WORKSTATION HP	2013-02-27	2,276	2,276	S/L	5.0000
GIFTS SOFTWARE PROGRAM	2014-02-26	5,885	5,885	S/L	5.0000
PHONE SYSTEM	2015-06-18	11,304	11,304	S/L	5.0000
SMOKE DET	2015-06-18	2,478	2,478	S/L	5.0000
CAMERA SYSTEM	2015-06-18	3,488	3,488	S/L	5.0000
ACCESS CONTROL	2015-06-18	3,294	3,294	S/L	5.0000
BURGLAR ALARM SYSTEM	2015-06-18	3,923	3,923	S/L	5.0000
COMPUTER (BOB)	2015-10-30	2,129	2,129	S/L	5.0000
LAPTOP (BOB)	2015-10-30	2,534	2,534	S/L	5.0000
COMPUTER (BECKY)	2015-10-30	8,399	8,399	S/L	5.0000
CANON COLOR PRINTERS	2016-05-10	2,100	2,100	S/L	5.0000
CAMERAS, SECURITY	2016-09-19	5,238	5,238	S/L	5.0000
CAMERAS AND MONITORS	2018-02-13	2,987	2,987	S/L	5.0000
CAMERAS AND SENSORS	2018-02-28	1,129	1,129	S/L	5.0000
COPIER	2019-07-16	10,589	10,589	S/L	5.0000
HDTV/SOUND	2019-10-22	2,394	2,394	S/L	5.0000
PAINTING PINES	1999-09-07	800	800	S/L	10.0000
FURNISHINGS	2000-06-17	259,815	259,815	S/L	10.0000
MUGS/COASTERS	2000-06-17	671	671	S/L	5.0000
BOOKSHELVES (W RILEY)	2000-10-23	5,003	5,003	S/L	10.0000
FURNISHINGS	2002-11-08	6,175	6,175	S/L	10.0000
SIDE CHAIRS (BECKY)	2002-12-26	1,400	1,400	S/L	10.0000
DESK CHAIR (BECKY)	2005-06-15	1,176	1,176	S/L	10.0000
FURNISHINGS	2005-08-24	5,385	5,385	S/L	10.0000
PAINTING BOARD ROOM	2011-01-19	10,000	10,000	S/L	10.0000
CARPET	2011-08-16	6,033	6,033	S/L	10.0000
TABLES BOARD ROOM	2011-09-13	3,895	3,895	S/L	10.0000
FRAMED PHOTOS	2012-03-20	1,867	1,867	S/L	10.0000
DISHWASHER	2012-05-07	1,163	1,163	S/L	10.0000
BOARD ROOM CHAIRS	2015-03-15	13,045	12,715	S/L	10.0000	330
REFRIGERATOR	2016-10-20	2,405	2,041	S/L	10.0000	240
FIRE ALARM SYSTEM	2018-06-20	8,266	5,375	S/L	10.0000	826
SOUND/VIDEO CONFERENCE SYS	2020-03-04	15,803	7,110	S/L	10.0000	1,581
SOUND/VIDEO CONFERENCE SYS	2020-06-15	7,941	3,573	S/L	10.0000	794
REPLACE (32) PENDENT SPRINKLER	2021-11-15	13,054	4,891	S/L	20.0000	652
HP WORKSTATION (BECKY)	2021-08-31	1,334	901	S/L	5.0000	267
SECURITY CAMERAS	2021-12-08	2,433	1,522	S/L	5.0000	486
SECURITY SYSTEM UPGRADES	2023-07-03	4,967	1,490	S/L	5.0000	994
FRONT DESK COMPUTER	2024-05-07	2,127	427	S/L	5.0000	425
SECURITY SYSTEM	2018-06-20	8,470	5,505	S/L	10.0000	847
TV CABINET/BOARD ROOM	2019-10-22	6,420	3,531	S/L	10.0000	642
120 PINT DEHUMIDIFIER W INSTALL	2025-01-08	4,573		S/L	20.0000	229
LAPTOP (CHRISTY)	2025-07-22	2,686		S/L	5.0000	224

- TIN:

TY 2025 InvestmentsCorpBondsSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AMERICAN INTL GROUP 460,000	509,110	509,110
BRUNSWICK CORP 400
COBANK ACB 300,000	301,266	301,266
ENBRIDGE INC 500,000	495,530	495,530
KINROSS GOLD 375,000	409,661	409,661
VOYA FINANCIAL 50,000
BANK OF NOVA SCOTIA 230,000	229,144	229,144
CHARLES SCHWAB 450,000	420,116	420,116
JP MORGAN 350,000
VOYA FINANCIAL 150,000
BRUNSWICK CORP 2,245	56,799	56,799
BRUNSWICK CORP 400	10,120	10,120
BRUNSWICK CORP 800	20,240	20,240
BRUNSWICK CORP 1,900	48,070	48,070
BRUNSWICK CORP 2,600	65,780	65,780
BANK OF NOVA SCOTIA 189,000	188,297	188,297
BANK OF NOVA SCOTIA 51,000	50,810	50,810
BANK OF NOVA SCOTIA 180,000	179,330	179,330
BANK OF NOVA SCOTIA 200,000	199,256	199,256
CHARLES SCHWAB 450,000	420,116	420,116
WESTERN UNION 240,000	250,420	250,420
WESTERN UNION 10,000	10,434	10,434
ARCELORMITTAL SA 200,000	226,209	226,209
ARCELORMITTAL SA 200,000	226,209	226,209
KRAFT HEINZ 500,000	497,815	497,815
CONSTELLATION BRANDS INC 500,000	496,530	496,530
HASBRO 500,000	494,880	494,880
OMEGA HEALTHCARE 450,000	400,295	400,295
MONSANTO CO 100,000	97,152	97,152
HUNTSMAN INTL 300,000
GENERAL MOTORS 250,000	259,125	259,125
MICRON TECHNOLOGY 400,000
HF SINCLAIR CORP 250,000	246,229	246,229
HF SINCLAIR CORP 34,000	33,487	33,487
BROADCOM INC 200,000
VALERO ENERGY 50,000
VALERO ENERGY 100,000
VALERO ENERGY 100,000
BROADCOM INC 250,000
BROADCOM INC 100,000
GE HEALTHCARE TECH 260,000
HP INC 250,000	180,736	180,736
HP INC 150,000	154,917	154,917
CONSTELLATION ENERGY 380,000	187,056	187,056
PHILLIPS 66 CO 195,000	201,479	201,479
PHILLIPS 66 CO 175,000	180,814	180,814
LOWE'S COS 200,000
LOWE'S COS 175,000
DOLLAR GENERAL 350,000	363,328	363,328
CF INDUSTRIES 350,000	352,030	352,030
CF INDUSTRIES 100,000	100,580	100,580
AT&T INC 450,000	432,733	432,733
ORACLE 450,000	388,528	388,528
CVS HEALTH CORP 300,000	283,650	283,650
CVS HEALTH CORP 205,000	193,828	193,828
DOW CHEMICAL 200,000	258,457	258,457
DOW CHEMICAL 21,000	27,138	27,138
ABBVIE INC 400,000	362,180	362,180
HOWMET AEROSPACE 400,000
MARRIOTT INTERNATIONAL 150,000	152,391	152,391
KEURIG DR PEPPER 350,000	360,087	360,087
MARRIOTT INTERNATIONAL 325,000	301,681	301,681
MOTOROLA SOLUTIONS 400,000	421,034	421,034
SOUTHERN CO 220,000
MORGAN STANLEY FXD 400,000	412,556	412,556
ENERGY TRANSFER 225,000	231,606	231,606
LBY INTERNATIONAL FINANCE 275,000	272,305	272,305
CITADEL LP REGS 275,000	292,355	292,355

- TIN:

TY 2025 InvestmentsCorpStockSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ARCH CAP GROUP LTD 22,775SH	461,649	461,649
ABBOTT LABORATORIES 59 SH	7,392	7,392
ABBVIE INC 46SH	10,511	10,511
ADVANCED MICRO DEVICES INC. 51SH	10,922	10,922
ALIBABA GRP HLDG 79 SH	11,580	11,580
ALNYLAM PHARMACEUTICALS INC 14SH	5,567	5,567
AMAZON COM INC 4,689 SH
APPLE INC 27,877 SH
ALPHABET INC 236 SH	74,057	74,057
AMAZON COM INC 163 SH	37,624	37,624
AMPHENOL CORP 76 SH	10,271	10,271
APPLE INC 353 SH	95,967	95,967
APPLOVIN CORP 18 SH	12,129	12,129
ELI LILLY & CO 88 SH
ARISTA NETWORKS 68 SH
BERKSHIRE HATHAWAY INC 13 SH	6,534	6,534
BLACKSTONE GROUP INC 47 SH
BLOCK INC 21 SH
BROADCOM INC 184 SH	63,682	63,682
CARVANA CO 25SH	10,551	10,551
CELESTA INC. 18SH	5,321	5,321
CIENA CORP 28SH	6,548	6,548
CLOUDFARE INC 52SH	10,252	10,252
CHIPOTLE MEXICAN GRILL 31 SH
COCA-COLA CO 103 SH	7,201	7,201
CONOCO PHILLIPS 17 SH
CROWDSTRIKE HLDGS INC. 15SH	7,031	7,031
MICROSOFT 1,479 SH
D R HORTON INC 36 SH	5,185	5,185
DEERE & CO 12SH	5,587	5,587
DOORDASH 24SH	5,436	5,436
EATON CORP 12 SH
EDWARDS LIFESCIENCE CORP 15 SH
ELI LILLY 25 SH	26,867	26,867
GE AEROSPACE NEW 55SH	16,942	16,942
GE VERNOVA LLC 27SH	17,646	17,646
GILEAD SCIENCES INC.71SH	8,715	8,715
GOLDMAN SACHS GROUP 28SH	24,612	24,612
NVIDIA CORP 31,354 SH
GRANGER W W INC 8 SH
HIMS & HERS HEALTH INC 100SH	3,247	3,247
HOME DEPOT 8 SH
HUBSPOT INC 5 SH
IBM CORP 30 SH
INTERNATIONAL BUSINESS MACHINES COPR	18,365	18,365
INTUIT INC 14 SH	9,274	9,274
INSMED INC 111 SH	19,318	19,318
ARCH CAP GROUP 22,775 SH
INTUITIVE SURGICAL 24 SH
JOHNSON & JOHNSON 62 SH	12,831	12,831
KKR & CO 60 SH
LAM RESH CORP 30 SH
MASTERCARD INC CL A 64 SH	36,536	36,536
MCDONALDS CORP 20 SH	6,113	6,113
MCKESSON 14 SH	11,484	11,484
MERCADOLIBRE INC 11 SH	22,157	22,157
META PLATFORMS 50 SH	33,005	33,005
MICROSOFT CORP 256 SH	123,807	123,807
ALPHABET INC VOTING 582 SH
NATERA INC 62 SH	14,204	14,204
NETFLIX COM INC 100 SH	9,376	9,376
NVIDIA CORP 899 SH	167,664	167,664
ORACLE CORPORATION 73 SH	14,228	14,228
PALO ALTO NETWORKS 18 SH	3,316	3,316
PALANTIR TECHNOLOGIES 114 SH	20,264	20,264
META 3,386 SH
PAYPAL HOLDINGS 59 SH
PHILIP MORRIS INTER INC 82 SH	13,153	13,153
QUANTA SVCS INC 15 SH	6,331	6,331
REGENERON PHARMACEUTICALS 6 SH
ROBINHOOD MARKETS INC 121 SH	13,685	13,685
ROBLOX CORP 85 SH	6,888	6,888
RTX CORP 46 SH	8,436	8,436
CHARLES SCHWAB CORP 81 SH	8,093	8,093
SEA LTD UNSPON 56 SH	7,144	7,144
SALESFORCE INC 20 SH
SERVICENOW IN 40 SH	6,128	6,128
SHOPIFY INC 102 SH	16,419	16,419
SNOWFLAKE INC 14H	3,071	3,071
SPOTIFY TECHNOLOGY 17 SH
SOFI TECHNOLOGIES INC 341 SH	8,927	8,927
VANGUARD INDEX FD 570.413	360,410	360,410
VANGUARD INDEX FD 2,064.822	1,304,637	1,304,637
VANGUARD INDEX FD 5,530.103	3,494,140	3,494,140
VANGUARD INDEX FD 3,038.169	1,919,637	1,919,637
VANGUARD INDEX FD 10,123.326	6,396,322	6,396,322
VANGUARD INDEX FD 9,304.975	5,879,255	5,879,255
VANGUARD INDEX FD 7,247.335	4,579,156	4,579,156
VANGUARD INDEX FD 8,188.282	5,173,684	5,173,684
VANGUARD INDEX FD 6,029.908	3,809,937	3,809,937
VANGUARD INDEX FD 4,691.8470	2,964,492	2,964,492
VANGUARD INDEX FD 10,039.388	6,377,406	6,377,406
VANGUARD INDEX FD 2,715.140	1,715,534	1,715,534
VANGUARD INDEX FD 9,115.089	5,759,278	5,759,278
VANGUARD INDEX FD 12,688.310	8,016,982	8,016,982
VANGUARD INDEX FD 14,038.741	8,870,238	8,870,238
VANGUARD INDEX FD 373.491	235,987	235,987
VANGUARD INDEX FD 415.878	262,768	262,768
VANGUARD INDEX FD 189.498	119,732	119,732
VANGUARD INDEX FD 188.388	119,031	119,031
VANGUARD INDEX FD 189.538	119,758	119,758
VANGUARD INDEX FD 178.737	112,933	112,933
VANGUARD INDEX FD 181.320	114,565	114,565
VANGUARD INDEX FD 5,211.319	3,292,720	3,292,720
VANGUARD INDEX FD 1,194.151	754,512	754,512
VANGUARD INDEX FD 487.535	308,044	308,044
VANGUARD INDEX FD 675.055	426,527	426,527
VANGUARD INDEX FD 494.016	312,140	312,140
VANGUARD INDEX FD 15,825.217	9,999,005	9,999,005
WALMART INC 4,785
STARBUCKS CORP 37 SH
SYNOPYSY CORP 6 SH
TAIWAN SEMICONDUCTOR 41 SH	12,459	12,459
TESLA INC 111 SH	49,919	49,919
THERMO FISHER SCIENTIFIC 8 SH
TRADE DESK INC 24 SH
TRANE TECHNOLOGIES PLC 13 SH	5,060	5,060
TRANSDIGM GROUP INC 6 SH
UBER TECHNOLOGIES 41 SH	3,349	3,349
UNION PACIFIC CORP 9 SH
VERTIV HOLDINGS 26 SH
VISA INC. 22 SH	5,260	5,260
VISTRA CORP 22 SH	3,548	3,548
WALMART INC 185 SH	20,610	20,610
WESTERN DIGITAL CORP 39 SH	6,719	6,719
3M CO 93 SH	14,890	14,890

- TIN:

TY 2025 InvestmentsGovtObligationsSch

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

US Government Securities - End of Year Book Value:

298,200

US Government Securities - End of Year Fair Market Value:

298,200

State & Local Government Securities - End of Year Book Value:

State & Local Government Securities - End of Year Fair Market Value:

- TIN:

TY 2025 InvestmentsOtherSchedule2

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ACCRUED INTEREST	AT COST	147,668	147,669

- TIN:

TY 2025 LandEtcSchedule2

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
BUILDING & ADDITIONS	3,154,093	2,003,472	1,150,621	3,073,254
FURNISHINGS	341,989	335,435	6,554	9,438
OFFICE EQUIPMENT	140,719	123,222	17,497	17,308
BUILDING & LAND HELD IN SMLLC	1,112,529		1,112,529	1,112,529
LAND	203,313		203,313	200,000

- TIN:

TY 2025 OtherAssetsSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
EXCISE TAX OVERPAYMENT	89,680

- TIN:

TY 2025 OtherExpensesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
EXPENSES
INSURANCE EXPENSE	31,471	12,588	12,588
OFFICE EXPENSES	27,141		24,427
DUES & SUBSCRIPTIONS	6,229		6,229
POSTAGE EXPENSE	153		138
TELEPHONE	7,497	750	5,623
PROGRAM EXPENSES	15,696		15,696
BANK FEES	655	164	164
INVESTMENT FEES	7,998	7,998

- TIN:

TY 2025 OtherIncreasesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description	Amount
UNREALIZED GAINS	2,168,429

- TIN:

TY 2025 OtherLiabilitiesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Description	Beginning of Year - Book Value	End of Year - Book Value
DEFERRED TAXES	340,696	371,230
EXCISE TAX PAYBLE		95,568

- TIN:

TY 2025 TaxesSchedule

Name:

THE RILEY FOUNDATION

EIN:

64-0707746

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXCISE TAXES	171,038