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
MLE Foundation Inc
 
% MARIE CREATURO
Number and street (or P.O. box number if mail is not delivered to street address) C/O Emily B Nissley 30 Oenoke Lane
 
Room/suite
City or town
New Canaan
State or province
CT
Country  
ZIP or foreign postal code
06840
A Employer identification number

30-0517812
B Telephone number (see instructions)

2039664049
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)$26,395,139
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check .................
3 Interest on savings and temporary cash investments 13,953 13,953  
4 Dividends and interest from securities... 689,357 689,357  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 17,207,524
b Gross sales price for all assets on line 6a 20,817,527
7 Capital gain net income (from Part IV, line 2)... 17,207,524
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........ 17,910,834 17,910,834  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 9,350 935   8,415
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 9,663 966 0 8,697
c Other professional fees (attach schedule).... 57,878 57,878    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 39,839 9,784    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,345 135   1,210
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 118,075 69,698 0 18,322
25 Contributions, gifts, grants paid....... 1,178,400 1,178,400
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,296,475 69,698 0 1,196,722
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 16,614,359
b Net investment income (if negative, enter -0-) 17,841,136
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............. 135,807 511,920 511,920
2 Savings and temporary cash investments......... 38,534 28 28
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) 0 Click to see attachment
List of Attached Documents:
// Content
5,452
5,452
b Investments—corporate stock (attach schedule)....... 1,118,100 Click to see attachment
List of Attached Documents:
// Content
0
0
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,303,464 Click to see attachment
List of Attached Documents:
// Content
21,694,553
25,877,739
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
1,253
Click to see attachment
List of Attached Documents:
// Content
0
Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,597,158 22,211,953 26,395,139
Liabilities 17 Accounts payable and accrued expenses.......... 0  
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........ 5,597,158 22,211,953
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)..... 5,597,158 22,211,953
30 Total liabilities and net assets/fund balances (see instructions). 5,597,158 22,211,953
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
5,597,158
2
Enter amount from Part I, line 27a .....................
2
16,614,359
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
436
4
Add lines 1, 2, and 3 ..........................
4
22,211,953
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
22,211,953
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 53,893 SHS SHERWIN WILLIAMS P 2009-12-22 2025-01-13
b SEE ATTACHED JP MORGAN STATEMENT P 2025-01-01 2025-12-31
c SEE ATTACHED JP MORGAN STATEMENT P 2024-01-01 2025-12-31
d CAPITAL GAIN DIVIDENDS P    
e CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 17,922,292   1,118,100 16,804,192
b 2,126,254   1,935,510 190,744
c 538,656   556,393 -17,737
d       230,325
e       230,325
      230,325
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       16,804,192
b       190,744
c       -17,737
d        
e        
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 17,207,524
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) 1 247,992
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........................... 3 247,992
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- ..... 5 247,992
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 18,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 260,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 278,000
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 30,008
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax30,008 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? Click to see attachment
List of Attached Documents:
// Content
....................
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 changesClick to see attachment
List of Attached Documents:
// Content
....
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. Click to see attachment
List of Attached Documents:
// Content
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)
CT
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressN/A
14
The books are in care ofMARIE CREATURO Telephone no. (203) 966-4049

Located atPO BOX 147New CanaanCT ZIP+406840
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
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
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
 
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
EMILY B NISSLEY DIRECTOR
1.0
0 0 0
C/O Emily B Nissley 30 Oenoke Lane
New Canaan,CT06840
MARIE CREATURO DIRECTOR
1.0
9,350 0 0
C/O Emily B Nissley 30 Oenoke Lane
New Canaan,CT06840
ISABEL MCKAY DIRECTOR
1.0
0 0 0
C/O Emily B Nissley 30 Oenoke Lane
New Canaan,CT06840
ROBERT B MCKAY DIRECTOR
1.0
0 0 0
C/O Emily B Nissley 30 Oenoke Lane
New Canaan,CT06840
RUTH MCKAY DIRECTOR
1.0
0 0 0
C/O Emily B Nissley 30 Oenoke Lane
New Canaan,CT06840
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
 
Total number of other employees paid over $50,000...................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
JPMorgan Chase Bank NA invest mgmt 57,878
270 Park Avenue
NEW YORK,NY10017
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
24,621,242
b
Average of monthly cash balances.......................
1b
360,474
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
24,981,716
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
24,981,716
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
374,726
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
24,606,990
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
1,230,350
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
1,230,350
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
247,992
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
247,992
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
982,358
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
982,358
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
982,358
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
1,196,722
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,196,722
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 7 982,358
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:2023, 2022, 2021 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023...... 288,570
e From 2024......  
f Total of lines 3a through e ........ 288,570
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,196,722
a Applied to 2024, but not more than line 2a 0
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..... 982,358
e Remaining amount distributed out of corpus 214,364
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 5 502,934
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 ..........
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 ......
502,934
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 .... 288,570
d Excess from 2024 ....  
e Excess from 2025 .... 214,364
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
EMILY B NISSLEY
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

ABC House of New Canaan

64 Locust Ave
New Canaan,CT06840
None   GENERAL PURPOSE 10,000

American Bird Conservancy

4249 LOUDOUN AVENUE
THE PLAINS,VA20198
None   GENERAL PURPOSE 35,000

American Indian College

8333 Greenwood Blvd
Denver,CO80221
None   GENERAL PURPOSE 50,000

Audubon Connecticut

613 Riversville Road
Greenwich,CT06831
None   GENERAL PURPOSE 35,000

Ballet Hispanico

167 W 89th St
New York,NY10024
None   GENERAL PURPOSE 5,000

Carbone Cancer Center

600 Highland Ave
Madison,WI53705
None   GENERAL PURPOSE 20,000

Central Wisconsin Cultural Center

2651 8th St South
Wisconsin Rapids,WI54495
None   GENERAL PURPOSE 30,000

Connecticut League of Conservation Voters

553 FARMINGTON AVENUE
HARTFORD,CT06105
None   VOTERS EDUCATION FUND 11,000

Cornell University

159 Sapsucker Woods Road
ITHACA,NY14850
None   ANNUAL FUND FOR THE LAB OF ORNITHOLOGY 18,000

Environmental Defense Fund

1875 Connecticute Ave NW Suite 600
Washington,DC20009
None   GENERAL PURPOSE 11,000

First Presbyterian Church of New Canaan

178 ONEOKE RIDGE ROAD
NEW CANAAN,CT06840
None   GENERAL PURPOSE 55,000

Hawaiian Mission House

553 S King St
Honolulu,HI96813
None   GENERAL PURPOSE 32,500

Horizons

635 FROGTOWN ROAD
NEW CANAAN,CT06840
None   GENERAL PURPOSE 15,000

International Crane Foundation

E-11376 Shady Lane Rd PO Box 447
Baraboo,WI53913
None   GENERAL PURPOSE 27,500

Lahaina Restoration Foundation

120 DICKENSON STREET
LAHAINA,HI96761
None   GENERAL PURPOSE 5,000

Milton Academy

170 Centre St
Milton,MA02186
None   GENERAL PURPOSE 2,500

New Canaan Country School

635 Frogtown Rd
New Canaan,CT06840
None   GENERAL PURPOSE 7,500

New Canaan Garden Club

PO Box 1533
New Canaan,CT06840
None   GENERAL PURPOSE 11,000

New Canaan Historical Society

13 Oenoke Ridge
New Canaan,CT06840
None   GENERAL PURPOSE 12,000

New Canaan Library

151 Main Street
New Canaan,CT06840
None   GENERAL PURPOSE 7,000

New Canaan Nature Center

144 Oenoke Ridge
New Canaan,CT06840
None   GENERAL PURPOSE 10,000

Norwalk Hospital Foundation

30 Strevens St
Norwalk,CT06850
None   GENERAL PURPOSE 15,000

Norwark Community College Foundation

188 RICHARDS AVE ROOM E311
NORWALK,CT068541655
None   GENERAL PURPOSE 10,000

Person To Person

1864 POST ROAD
DARIEN,CT06820
None   GENERAL PURPOSE 12,000

Planned Parenthood of Southern New England

345 WHITNEY AVENUE
NEW HAVEN,CT06511
None   GENERAL PURPOSE 15,000

RARE

1310 N Courthouse Road Suite 110
ARLINGTON,VA22201
None   GENERAL PURPOSE 25,000

Save the Sound

900 Chapel Street STE 2202
NEW HAVEN,CT06510
None   GENERAL PURPOSE 40,000

Southwood County Historical Corporation

540 Third Street South
Wisconsin Rapids,WI54494
None   GENERAL PURPOSE 40,000

Stamford Museum & Nature Center

39 Scofieldtown Rd
Stamford,CT06903
None   GENERAL PURPOSE 3,000

Staying Put in New Canaan

58 Pine Street
NEW CANAAN,CT06840
None   GENERAL PURPOSE 20,000

Storefront Academy Harlem

70 EAST 129TH STREET
NEW YORK,NY10035
None   GENERAL PURPOSE 15,000

Summer Theatre of New Canaan

70 Pine St
NEW CANAAN,CT06840
None   GENERAL PURPOSE 5,000

The Trust for Public Land

101 Whitney Ave 2nd FL
New Haven,CT06510
None   GENERAL PURPOSE 10,000

United Way of South Wood & Adams Counties

351 OAK STREETT
WISCONSIN RAPIDS,WI54494
None   GENERAL PURPOSE 10,000

University of Wisconsin Foundation

1848 University Avenue
MADISON,WI537264090
None   GENERAL PURPOSE 30,000

Waveny Park Conservancy

PO BOX 944
NEW CANAAN,CT06840
None   GENERAL PURPOSE 10,000

Westover School

1237 Whittemore Rd
Middlebury,CT06762
None   GENERAL PURPOSE 15,000

Wildlife Conservation Society

2300 SOUTHERN BLVD
BRONX,NY10460
None   GENERAL PURPOSE 10,000

American Birding Association

PO Box 3070
COLORADO SPRINGS,CO80934
NONE   GENERAL PURPOSE 10,000

Ripley Waterfowl Conservancy

55 Duck Pond Road
Litchfield,CT06759
NONE   GENERAL PURPOSE 25,000

WNET

825 Eighth Ave
New York,NY10019
NONE   GENERAL PURPOSE 10,000

Society Historically Informed Performances

PO Box 441854
Somerville,MA02143
None   General purpose 10,000

Lovelane Special Needs Horseback Riding

40 Baker Bridge Rd
Lincoln,MA01773
None   General purpose 7,000

Aauw Racine Chapter

1122 West Blvd
Racine,WI53405
None   GENERAL PURPOSE 3,000

Big Sisters of Greater Racine Inc

840 Lake Ave Ste 250
Racine,WI53403
None   GENERAL PURPOSE 3,000

Boston Early Music Festival

43 Thorndike St Ste 302
Cambridge,MA02141
None   GENERAL PURPOSE 10,000

Canines 4 Comfort

PO Box 22
Round Lake,IL60073
None   GENERAL PURPOSE 5,000

Charles River Watershed Association

41 West St Floor 8
Boston,MA02111
None   GENERAL PURPOSE 6,000

Community Action Works

294 Washington St 500
Boston,MA02108
None   GENERAL PURPOSE 7,000

Coppell High School

185 W Parkway Blvd
Coppell,TX75019
None   GENERAL PURPOSE 2,000

Crossroads Community Cathedral

1492 Silver Lane
East Hartford,CT06118
None   GENERAL PURPOSE 6,000

De Novo

47 Thorndike Street
Cambridge,MA02141
None   GENERAL PURPOSE 6,000

Emma Willard School

285 Pawling Ave
Troy,NY12180
None   GENERAL PURPOSE 10,000

Evans Scholars Foundation

2501 Patriot Blvd
Glenview,IL60026
None   GENERAL PURPOSE 3,000

Faith Hope and Love Foundation

933 N Canal
Carlsbad,NM88220
None   GENERAL PURPOSE 1,000

Fair Haven Camps

81 W Fairhaven Ln
Brooks,ME04921
None   GENERAL PURPOSE 30,000

Habitat for Humanity

286 S Colony Rd
Wallingford,CT06492
None   GENERAL PURPOSE 10,000

Humane Society

701 Russell Rd
Newington,CT06111
None   GENERAL PURPOSE 3,000

KSKJ Life Foundation

2439 Glenwood Ave
Joliet,IL60435
None   GENERAL PURPOSE 3,000

Bard College Longy School of Music

27 Garden St
Cambridge,MA02138
None   GENERAL PURPOSE 11,000

Massachusetts Audubon Drumlin Farm

208 S Great Rd
Lincoln,MA01773
None   GENERAL PURPOSE 5,000

Midwest Veterans Closet

2323 Green Bay Rd
North Chicago,IL60064
None   GENERAL PURPOSE 5,000

MSPCA ANGELL

350 S Huntington Ave
Boston,MA02130
None   GENERAL PURPOSE 10,000

MSPCA Nevins Farm

400 Broadway
Methuen,MA01844
None   GENERAL PURPOSE 10,000

Racine Zoological Society

200 Goold Street
Racine,WI53402
None   GENERAL PURPOSE 3,000

Royal Family Kids Camp

418 W Commonwealth Ave
Fullerton,CA92832
None   GENERAL PURPOSE 5,000

Sparta Wisconsin American Legion Post #100

1116 Angelo Rd
Sparta,WI54656
None   GENERAL PURPOSE 1,000

Veterans Outreach of Wisconsin

1624 Yout St
Racine,WI53404
None   GENERAL PURPOSE 10,000

Watertown Boys and Girls Club

25 Whites Ave
Watertown,MA02472
None   GENERAL PURPOSE 7,000

YMCA

564 South Avenue
New Canaan,CT06840
None   GENERAL PURPOSE 20,000

American Indian Education Fund

16415 Addison Rd Suite 200
Addison,TX750013203
NONE   GENERAL PURPOSE 50,000

Arrows Drop In Center

6 Quimby Rd
Brooks,ME049213644
NONE   GENERAL PURPOSE 1,000

Aurora Health Care Foundation

1960 Cristy Garcia-Thomas
Milwaukee,WI532341880
NONE   GENERAL PURPOSE 5,000

Connecticut Audubon Society

314 Unquowa Road
Fairfield,CT06824
NONE   GENERAL PURPOSE 40,000

Embry-Riddle Aeronautical University

3829 Schoolhouse Road
Building 3829
Mcguire Afb,NJ08641
NONE   GENERAL PURPOSE 18,400

Harlem Academy

655 St Nicholas Ave
New York,NY10030
NONE   GENERAL PURPOSE 15,000

Hope Safehouse

1234 Lathrop Ave
Racine,WI53405
NONE   GENERAL PURPOSE 3,000

Maine Organic Farmers and Gardners Association

294 Crosby Brook Rd
Unity,ME04988
NONE   GENERAL PURPOSE 30,000

New Canaan Mounted Troops

22 Carter St
New Cannaan,CT06840
NONE   GENERAL PURPOSE 1,000

New Canaan Town Players Inc

675 South Avenue
New Canaan,CT06840
NONE   GENERAL PURPOSE 60,000

Unity Area Rotary Club Foundation

PO BOX 570
Unity,ME049880570
NONE   GENERAL PURPOSE 1,000

YMCA Waldo County

157 Lincolnville Ave
Belfast,ME04915
NONE   GENERAL PURPOSE 2,000
Total ................................. 3a 1,178,400
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
    14 13,953  
4 Dividends and interest from securities ....     14 689,357  
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 17,207,524  
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) ..   17,910,834  
13Total. Add line 12, columns (b), (d), and (e)..................
13
17,910,834
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
MLE Foundation Inc
EIN:
30-0517812
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
WITHUMSMITH+BROWN, PC 9,663 966   8,697

TY 2025 ContractorCompensationExpln
Name:
MLE Foundation Inc
EIN:
30-0517812
Contractor Explanation
JPMorgan Chase Bank N A INVESTMENT MANAGEMENT SERVICES

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

TY 2025 DepreciationSchedule
Name:
MLE Foundation Inc
EIN:
30-0517812
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)
Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2025 InvestmentsCorpStockSchedule
Name:
MLE Foundation Inc
EIN:
30-0517812
Name of Stock End of Year Book Value End of Year Fair Market Value
SHERWIN-WILLIAMS COS 0 0

TY 2025 InvestmentsGovtObligationsSch
Name:
MLE Foundation Inc
EIN:
30-0517812
US Government Securities - End of Year Book Value:

5,452
US Government Securities - End of Year Fair Market Value:

5,452
State & Local Government Securities - End of Year Book Value:


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


 


TY 2025 InvestmentsOtherSchedule2
Name:
MLE Foundation Inc
EIN:
30-0517812
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
FIDELITY 500 INDEX FD AT COST 8,378,677 10,852,409
VANGUARD TOTAL BOND MKT INDEX AT COST 0 0
VANGUARD TOTAL INTL BND AT COST 284,374 253,923
SIX CIRCLES US EQ FD AT COST 3,358,978 3,946,062
SIX CIRCLES INTL EQ FD AT COST 1,813,441 2,398,585
JP MORGAN BETA BUILDERS EUROPE AT COST 511,794 535,603
JP MORGAN BETA BUILDERS JAPAN AT COST 599,711 762,776
JP MORGAN BETA BUILDERS ASIA AT COST 324,173 373,776
JP MORGAN BETA BUILDERS CANADA AT COST 425,429 598,269
BLACKSTONE ALT MULT STRAT Y AT COST 0 0
SIX CIRCLES ULTRA SHORT DUR FD AT COST 0 0
LORD ABBETT SHORT DUR INC AT COST 0 0
PIMCO INCOME FDS AT COST 0 0
ISHARES 7-10 YR TREASURY AT COST 0 0
NEUBERGER BERMAN LONG SH AT COST 0 0
PIMCO MRTG OPP & BND AT COST 0 0
VANGUARD MORTGAGE BACKED SEC AT COST 246,136 258,752
SIX CIRCLES GLOBAL BOND AT COST 2,120,164 2,079,253
SIX CIRCLES CREDIT OPPORT AT COST 521,603 514,796
VANGUARD TOTAL BOND MARKET AT COST 235,317 241,320
VANGUARD TOTAL INTL BOND ETF AT COST 1,267,025 1,259,509
VANGUARD INT-TERM CORP AT COST 495,897 521,930
SIX CIRCLES MULTI-STRAT AT COST 0 0
FIDELITY INTL INDX AT COST 595,779 765,983
ISHARES US TREASURY BOND ETF   516,055 514,793

TY 2025 OtherAssetsSchedule
Name:
MLE Foundation Inc
EIN:
30-0517812
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INCOME IN TRANSIT 1,253 0 0


TY 2025 OtherExpensesSchedule
Name:
MLE Foundation Inc
EIN:
30-0517812
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
POSTAGE BOX 318 32   286
BANK CHARGES 2     2
INTERNET 1,025 103   922


TY 2025 OtherIncreasesSchedule
Name:
MLE Foundation Inc
EIN:
30-0517812
Description Amount
BOOK/TAX DIFFERENCE 436


TY 2025 OtherProfessionalFeesSchedule
Name:
MLE Foundation Inc
EIN:
30-0517812
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
JP MORGAN CHASE INVESTMENT FEE 57,878 57,878    


TY 2025 TaxesSchedule
Name:
MLE Foundation Inc
EIN:
30-0517812
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 9,784 9,784    
EXCISE TAX 30,055