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
FRANKLIN PHILANTHROPIC FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 707 SKOKIE BLVE SUITE 600
 
Room/suite
City or town
NORTHBROOK
State or province
IL
Country  
ZIP or foreign postal code
60062
A Employer identification number

36-3668125
B Telephone number (see instructions)

8474000099
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)$80,543,081
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) 64,693,118
2 Check .................
3 Interest on savings and temporary cash investments 21,463 21,463  
4 Dividends and interest from securities... 601,551 601,551  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,443,585
b Gross sales price for all assets on line 6a 16,977,368
7 Capital gain net income (from Part IV, line 2)... 2,443,585
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........ 67,759,717 3,066,599  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 435,032 319,561    
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 9,090      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 90,405      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 534,527 319,561   0
25 Contributions, gifts, grants paid....... 809,231 809,231
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,343,758 319,561   809,231
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 66,415,959
b Net investment income (if negative, enter -0-) 2,747,038
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 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.............      
2 Savings and temporary cash investments......... 34,963 669,655 669,655
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) 4,086,892 Click to see attachment
List of Attached Documents:
// Content
22,843,384
22,808,706
b Investments—corporate stock (attach schedule)....... 5,185,339 Click to see attachment
List of Attached Documents:
// Content
22,264,629
56,764,864
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).......... 305,967 Click to see attachment
List of Attached Documents:
// Content
300,480
299,856
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,613,161 46,078,148 80,543,081
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 9,613,161 46,078,148
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)..... 9,613,161 46,078,148
30 Total liabilities and net assets/fund balances (see instructions). 9,613,161 46,078,148
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
9,613,161
2
Enter amount from Part I, line 27a .....................
2
66,415,959
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
76,029,120
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
29,950,972
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
46,078,148
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 PUBLICLY TRADED SECURITIES P    
b
c
d
e
(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 16,977,368   14,533,783 2,443,585
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       2,443,585
b
c
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 2,443,585
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 2,443,585
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 38,184
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 38,184
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 38,184
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 8,856
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 8,856
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 29,328
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax0 Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
IL
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 ofRANDALL ROMEI Telephone no. (847) 400-0099

Located at707 SKOKIE BLVE SUITE 600NORTHBROOKIL ZIP+460062
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
DAVID MABIEClick to see attachment
List of Attached Documents:
// Content
Director
0.20
0   319,561
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
RANDALL ROMEIClick to see attachment
List of Attached Documents:
// Content
SECRETARY/DIR
3.00
0   115,471
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
STANLEY GOODMAN VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
LINDA GOODMAN VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
JOYCE GOODMAN VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
JENNY GOODMAN-BOWDEN PRESIDENT/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
WILLIAM MICHAEL GOODMAN VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
DEBORAH GOODMAN VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
AARON CUBELLS VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
REBECCA CUBELLS VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
SARAH CUBELLS VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
YALE GOODMAN VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
PACE GOODMAN VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
DOUGLAS GOODMAN VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
PAUL GOODMAN VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
DANIEL BOWDEN VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
LES BOWDEN VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
LEAH BOWDEN VICE PRES/DIR
0.20
0    
707 SKOKIE BLVD SUITE 600
NORTHBROOK,IL60062
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
CHICAGO CAPITAL LLC INVESTMENT ADVISOR 319,561
135 S LASALLE ST SUITE 4200
CHICAGO,IL60601
ASHCRAFT & ASHCRAFT LTD LEGAL COUNCIL 78,458
707 SKOKIE BLVD STE 600
NORTHBROOK,IL60062
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
40,416,954
b
Average of monthly cash balances.......................
1b
311,155
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
40,728,109
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
40,728,109
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
610,922
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
40,117,187
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
2,005,859
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
2,005,859
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
38,184
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
38,184
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,967,675
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,967,675
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
1,967,675
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
809,231
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
809,231
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 1,967,675
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...... 178,895
d From 2023...... 146,521
e From 2024......  
f Total of lines 3a through e ........ 325,416
4Qualifying distributions for 2025 from Part
XI, line 4: $ 809,231
a Applied to 2024, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions) .....
 
c Treated as distributions out of corpus (Election
required—see instructions) ........
0
d Applied to 2025 distributable amount..... 809,231
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2025. 325,416 325,416
(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  
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 ..........
833,028
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 ......
 
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or 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
ACLU FOUNDATION


150 N MICHIGAN AVE STE 600
CHICAGO,IL60601
NONE   UNRESTRICTED 11,000
ACLU OF NEW JERSEY FOUNDATION


89 MARKET ST STE 7
NEWARK,NJ07102
NONE   UNRESTRICTED 1,000
AFRICAN WILDLIFE FOUNDATION


1400 16 ST NW STE 120
WASHINGTON,DC20036
NONE   UNRESTRICTED 2,000
ATLANTA AUTISM CONSORTIUM


1932 OAK GROVE RD NE
ATLANTA,GA30345
NONE   UNRESTRICTED 1,000
BEST FREINDS ANIMAL SOCIETY


5001 ANGEL CANYON RD
KANAB,UT84741
NONE   UNRESTRICTED 1,400
BLOOMINGDALE AGING IN PLACE


PO BOX 497
NEW YORK,NY10025
NONE   UNRESTRICTED 3,000
BRENNEN CENTER FOR JUSTICE


120 BROADWAY STE 1750
NEW YORK,NY10271
NONE   UNRESTRICTED 3,000
BRIDGEPORT FIELD OF DREAMS


379 SZOST DRIVE
FAIRFIELD,CT06824
NONE   UNRESTRICTED 2,000
BROOKLYN BOATWORKS


68 JAY ST STE 411
BROOKLYN,NY11201
NONE   UNRESTRICTED 15,000
CARINGKIND


360 LEXINGTON AVE STE 4
NEW YORK,NY10017
NONE   UNRESTRICTED 11,500
CENTER FOR BIOLOGICAL DIVERSITY


PO BOX 710
TUCSON,AZ85702
NONE   UNRESTRICTED 9,038
COMMUNITY PARTNERS IN ACTION


110 BARTHOLOMEW AVE STE 3010
HARTFORD,CT06106
NONE   UNRESTRICTED 1,000
HANG TIMECAREER RESOURCES


570 STATE STREET
BRIDGEPORT,CT06604
NONE   UNRESTRICTED 23,850
DEERFIELD VALLEY COMMUNITY CARES


PO BOX 5
WILMINGTON,VT05363
NONE   UNRESTRICTED 3,000
EARTHJUSTICE


50 CALIFORNIA ST STE 500
SAN FRANCISCO,CA94111
NONE   UNRESTRICTED 6,347
ELEPHANT SANCTUARY OF TENNESSEE


27 E MAIN ST
HOHEWALD,TN38462
NONE   UNRESTRICTED 3,000
EMPOWERMENT PLAN


7640 KERCHEVAL AVE
DETROIT,MI48214
NONE   UNRESTRICTED 2,000
EQUAL JUSTICE INITIATIVE


122 COMMERCE ST
MONGOMERY,AL36104
NONE   UNRESTRICTED 11,988
ENVIRONMENTAL DEFENSE FUND


257 PARK AVE S
NEW YORK,NY10010
NONE   UNRESTRICTED 4,538
EVERYTOWN FOR GUN SAFETY


PO BOX 4184
NEW YORK,NY10163
NONE   UNRESTRICTED 11,077
FOUR PAWS INTERNATIONAL


36 BROOMFIELD ST SUITE 410
BOSTON,MA02108
NONE   UNRESTRICTED 2,000
FIRST


200 BEDFORD ST
MANCHESTER,NH03101
NONE   UNRESTRICTED 1,000
FOOD TRUST


1617 JOHN F KENNEDY BLVD
PHILADELPHIA,PA19103
NONE   UNRESTRICTED 1,000
FRANCISCAN OUTREACH


717B W 18TH ST
CHICAGO,IL60616
NONE   UNRESTRICTED 1,000
FUGEES FAMILY


PO BOX 388
SCOTTSDALE,GA30079
NONE   UNRESTRICTED 5,000
GAIT THERAPEUTIC RIDING CENTER


8191 STAPLES MILL ROAD
RICHMOND,VA23238
NONE   UNRESTRICTED 6,347
GEORGE MARK CHILDREN'S FUND


2121 GEORGE MARK LN
SAN LEANDRO,CA94578
NONE   UNRESTRICTED 4,641
GEORGIA OPTIONS


1865 W BROAD ST STE E
ATHENS,GA30606
NONE   UNRESTRICTED 1,000
GREEN WAVEORG


54231 AVENUE
BROOKLYN,NY11220
NONE   UNRESTRICTED 2,000
GREEN VILLAGE INITIATIVE


325 LAFAYETTE ST UNIT 9101
BRIDGEPORT,CT06604
NONE   UNRESTRICTED 3,000
HENRYS FORK WILDLIFE ALLIANCE


PO BOX 725
ASHTON,ID83420
NONE   UNRESTRICTED 11,500
HONR NETWORK


2875 S ORANGE AVE STE 500
ORLANDO,FL32806
NONE   UNRESTRICTED 9,077
IDAHO RIVERS UNITED


3800 W AMERICANA TERRACE STE 140
BOISE,ID83706
NONE   UNRESTRICTED 2,000
INTERNATIONAL FUND FOR ANIMAL WELFA


290 SUMMER ST
YARMOUTH PORT,MA02675
NONE   $3,000 - LOS ANGELES FIRES$2,000 - UNRESTRICTED 5,000
J STREET EDUCATION FUND


PO BOX 66073
WASHINGTON,DC20035
NONE   UNRESTRICTED 2,000
KAUFMAN MUSIC CENTER


129 W 67TH ST
NEW YORK,NY10023
NONE   UNRESTRICTED 7,500
KIND


125 MAIDEN LANE
NEW YORK,NY10038
NONE   UNRESTRICTED 8,000
LILITH PUBLICATIONS


119 W 57TH ST STE 1210
NEW YORK,NY10019
NONE   UNRESTRICTED 2,500
LUCY MACKENZIE HUMANE SOCIETY


PO BOX 702
BROWNVILLE,VT05037
NONE   UNRESTRICTED 1,500
MAG AMERICA


1776 K ST NW STE 700
WASHINGTON,DC20006
NONE   UNRESTRICTED 5,000
MERCY FOR ANIMALS


8033 SUNSET BLVD STE 864
LOS ANGELES,CA90046
NONE   UNRESTRICTED 2,000
MERCY LEANING CENTER


637 PARK AVENUE
BRIDGEPORT,CT06604
NONE   UNRESTRICTED 8,000
MISSION K9 RESCUE


PO BOX 395
NEEDVILLE,TX77461
NONE   UNRESTRICTED 700
MOTE MARINE LABORATORY


1600 KEN THOMPSON PKWY
SARASOTA,FL34236
NONE   UNRESTRICTED 4,000
NATIONAL NETWORK OF ABORTION FUNDS


9450 SW GEMINI DR PMB 16009
BEAVERTON,OR97008
NONE   FLORIDA ACCESS NETWORK 12,000
NATIONAL OUTDOOR LEADERSHIP SCHOOL


284 LINCOLN STREET
LANDER,WY82520
NONE   UNRESTRICTED 5,772
NETWORK FOR RESPONSIBLE PUBLIC POLI


PO BOX 476
RIDGEWOOD,NJ07451
NONE   UNRESTRICTED 1,000
NEW HAVEN READS


45 BRISTOL ST
NEW HAVEN,CT06511
NONE   UNRESTRICTED 1,000
NORTHEAST ANIMAL SHELTER


347 HIGHLAND AVE
SALEM,MA01970
NONE   UNRESTRICTED 8,772
NORTH SHORE SOUP KITCHEN


PO BOX 168
GLEN COVE,NY11542
NONE   UNRESTRICTED 2,000
OCEANA


1025 CONNECTICUT AVE NW STE 200
WASHINGTON,DC20036
NONE   UNRESTRICTED 2,539
OCEAN CONSERVANCY


1300 19TH ST NW 8TH FL
WASHINGTON,DC20036
NONE   UNRESTRICTED 10,902
ONE VOICE MISSISSIPPI


1072 J R LYNCH ST
JACKSON,MS39201
NONE   UNRESTRICTED 3,000
PHYSICIANS FOR RESPONSIBLE MEDICINE


5100 WISCONSIN AVENW STE 400
WASHINGTON,DC20016
NONE   UNRESTRICTED 3,000
PLANNED PARENTHOOD


18 S MICHIGAN AVE
CHICAGO,IL60603
NONE   UNRESTRICTED 22,616
POPULATION CONNECTION


2120 L ST NW STE 500
WASHINGTON,DC20037
NONE   UNRESTRICTED 5,000
PROTECT OUR WINTERS


4676 BROADWAY ST
BOULDER,CO80304
NONE   UNRESTRICTED 8,000
RAILS TO TRAILS CONSERVANCY


2121 WARD CT NW 5TH FL
WASHINGTON,DC20037
NONE   UNRESTRICTED 2,538
RAINFOREST ACTION NETWORK


425 BUSH ST
SAN FRANCISCO,CA94108
NONE   UNRESTRICTED 3,000
RAINFOREST FOUNDATION US


1000 DEAN ST STE 430
BROOKLYN,NY11238
NONE   UNRESTRICTED 6,000
READER TO READER


38 WOODSIDE AVE
AMHURST,MA01002
NONE   UNRESTRICTED 1,000
ROCK THE VOTE


1440 G STREET NW
WASHINGTON,DC20005
NONE   UNRESTRICTED 5,500
SEA SHEPARD CONSERVATION


PO BOX 8628
ALEXANDRIA,VA22306
NONE   UNRESTRICTED 2,000
SIERRA CLUB FOUNDATION


2101 WEBSTER ST 1250
OAKLAND,CA94612
NONE   UNRESTRICTED 2,000
SOI DOG FOUNDATION


167/9 MOO 4
AMPHUR THALANG,PHUKET83110
TH
NONE   UNRESTRICTED 3,000
SOS CHILDRENS' VILLAGE


7600 S PARNELL AVE
CHICAGO,IL60620
NONE   UNRESTRICTED 6,346
SOUTHERN POVERTY LAW CENTER


400 WASHINGTON AVE
MONTGOMERY,AL36104
NONE   UNRESTRICTED 10,000
350ORG


155 WATER ST STE 6
BROOKLYN,NY11201
NONE   UNRESTRICTED 46,682
TWICE BLESSED


45 VT-100
WEST DOVER,VT05356
NONE   UNRESTRICTED 2,000
UNCHAINED AT LAST


208 LENOX AVE 189
WESTFIELD,NJ07090
NONE   UNRESTRICTED 4,500
UNION OF CONCERNED SCIENTISTS


1 N LASALLE ST STE 1904
CHICAGO,IL60602
NONE   UNRESTRICTED 17,616
UNITED COMMUNITY HOUSING COALITION


2727 SECOND AVE STE 313
DETROIT,MI48201
NONE   UNRESTRICTED 3,000
URBAN RESOURCE INSTITUTE-NYC


75 BROAD ST RM 505
NEW YORK,NY10004
    UNRESTRICTED 1,000
USGBC-DETROIT REGION 15


440 BURROUGHS ST
DETROIT,MI48202
NONE   UNRESTRICTED 4,000
VERMONT INSTITUTE OF NATURAL SCIENC


6565 WOODSTOCK RD
QUECHEE,VT05059
NONE   UNRESTRICTED 2,000
WILD FOUNDATION IWLF


717 POPLAR AVE
BOULDER,CO80304
NONE   UNRESTRICTED 2,000
WILDLIFE CONSERVATION SOCIETY


2300 SOUTHERN BLVD
BRONX,NY10460
NONE   UNRESTRICTED 9,539
WOMEN'S WILDERNESS INSTITUTE


2845 WILDERNESS PL STE 211
BOULDER,CO80301
NONE   UNRESTRICTED 3,000
YELLOWSTONE TO YUKON CONSEVATION


1350 RAILWAY AVE 200
CANMORE,ALBERTAT1W 1P6
CA
NONE   UNRESTRICTED 12,772
ALLIANCE FOR YOUTH ORGANIZING


915 5TH ST NW
WASHINGTON,DC20001
NONE   UNRESTRICTED 500
CORAL RESOTRATION FOUNDATION


5 SEAGATE BLVD
KEY LARGO,FL33037
NONE   UNRESTRICTED 2,000
GROUNDTRUTH PROJECT INC


10 GUEST STREET
BOSTON,MA02135
NONE   UNRESTRICTED 3,000
IDAHO CONSERVATION LEAGUE


102 S EUCLID AVE SUITE 207
SANDPOINT,ID83864
NONE   UNRESTRICTED 3,000
TROUT UNLIMITED


PO BOX 2652
ISSAQUAH,WA98027
NONE   UNRESTRICTED 6,000
VOTE NOLA


4930 WASHINGTON AVE
NEW ORLEANS,LA70125
NONE   UNRESTRICTED 500
WILD ANIMAL SANCTUARY


2999 COUNTY ROAD 53
KEENESBURG,CO80643
NONE   INTERNATIONAL EXOTIC FELINE SANCTUARY 2,000
ASAIN AMERICANS ADVANCING JUSTICE


4753 N BROADWAY ST STE 502
CHICAGO,IL60640
NONE   UNRESTRICTED 7,000
ALZHEIMERS DISEASE RESEARCH FOUNDAT


34 WASHINGTON STREET SUITE 230
WELLESLEY HILLS,MA02481
NONE   UNRESTRICTED 37,796
CHILL FOUNDATION


180 QUEEN CITY PARK ROAD
BURLINGTON,VT05401
NONE   UNRESTRICTED 2,000
CHRYSALIS CENTER INC


255 HOMESTEAD AVE
HARTFORD,CT06112
NONE   UNRESTRICTED 7,000
COMMON CAUSE EDUCATION FUND


205 W RANDOLPH ST STE 1220
CHICAGO,IL60606
NONE   UNRESTRICTED 5,000
ECPAT


86 WYCKOFF AVE 609
BROOKLYN,NY11237
NONE   UNRESTRICTED 4,641
FOOTSTEPS INC


PO BOX 20833
WINSTONSALEM,NC27127
NONE   UNRESTRICTED 5,077
LUCKY DOG REFUGE


75 ELM ACRES DRIVE
FOND DU LAC,WI54935
NONE   UNRESTRICTED 5,078
NATIVE AMERICAN RIGHTS FUND


1506 BROADWAY
BOULDER,CO80302
NONE   UNRESTRICTED 4,000
READ TO GROW


53 SCHOOL GROUND RD
BRANFORD,CT06405
NONE   UNRESTRICTED 1,000
RED ROVER


PO BOX 188890
SACRAMENTO,CA95818
NONE   UNRESTRICTED 5,772
TETON REGIONAL LAND TRUST


PO BOX 247
DRIGGS,ID83422
NONE   UNRESTRICTED 2,000
WESTERN RIVERS CONSERVANCY


71 SW OAK STREET STE 100
PORTLAND,OR97204
NONE   UNRESTRICTED 6,000
VOTE RIDERS


171 PIER AVE 313
SANTA MONICA,CA90405
NONE   UNRESTRICTED 3,500
HOPE IN A BOX INC


700 COLUMBUS AVE 20946
NEW YORK,NY10025
NONE   UNRESTRICTED 2,500
DIRECT RELIEF


6100 WALLACE BECKNELL ROAD
SANTA BARBARA,CA93117
NONE   UNRESTRICTED 5,000
ENDOMETRIOSIS RESEARCH CENTER


630 IBIS DRIVE
DELRAY BEACH,FL33444
NONE   UNRESTRICTED 8,000
FREEDOM OF THE PRESS FOUNDATION


49 FLATBUSH AVE 1017
BROOKLYN,NY11217
NONE   UNRESTRICTED 6,347
NORTHWEST ABORTION ACCESS FUND


4325 COMMERCE ST SUITE 111-433
EUGENE,OR97402
NONE   UNRESTRICTED 3,200
WOMEN IN FILM


4221 WILSHIRE BLVD SUITE 101
LOS ANGELAS,CA90010
NONE   UNRESTRICTED 6,000
WORLD CENTRAL KITCHEN


200 MASSACHUSETTS AVE NW
WASHINGTON,DC20001
NONE   RESTRICTED TO CHEFS FOR UKRAINE RELIEF 3,000
AMAZON WATCH


520 3RD STREET SUITE 108
OAKLAND,CA94607
NONE   UNRESTRICTED 2,000
BIODIVERSITY OF A LIVABLE CLIMATE


PO BOX 390469
CAMBRIDGE,MA02139
NONE   UNRESTRICTED 2,000
BVM CAPACITY BUILDING INSTITUTE INC


3645 MARKETPLACE BLVD STE 130-236
ATLANTA,GA30337
NONE   UNRESTRICTED 3,500
NATIONAL BREAST CANCER FOUNDATION


PO BOX 676910
DALLAS,TX75267
NONE   UNRESTRICTED 8,000
BUTTERFIELD LIBRARY


3535 US 5
WESTMINSTER,VT05158
NONE   UNRESTRICTED 2,000
CHARITY NAVIGATOR


299 MARKET STREET SUITE 250
SADDLE BROOK,NJ07663
NONE   UNRESTRICTED 500
CHARTER OAK CULTURAL CENTER


21 CHARTER OAK AVE
HARTFORD,CT06106
NONE   UNRESTRICTED 3,000
COVENANT HOUSE CHICAGO


2934 W LAKE ST
CHICAGO,IL60612
NONE   UNRESTRICTED 7,641
DOCTORS WITHOUT BORDERS


40 RECTOR ST 16TH FLOOR
NEW YORK,NY10006
NONE   UNRESTRICTED 6,347
ELIZABETH BLACKWELL CENTER


3635 OLENTANGY RIVER RD
COLUMBUS,OH43214
NONE   UNRESTRICTED 4,641
MICHIGAN ANTI-CRUELTY SOCIETY


13569 JOSEPH CAMPAU AVE
DETROIT,MI48212
NONE   UNRESTRICTED 1,000
NATIONAL RESOURCES DEFENCE COUNCIL


40 W 20TH STREET 11TH FLOOR
NEW YORK,NY10011
NONE   UNRESTRICTED 3,000
PEN AMERICA


120 BROADWAY 26 FLOOR NORTH
NEW YORK,NY10271
NONE   UNRESTRICTED 1,000
PHILABUNDANCE


3616 SOUTH GALLOWAY STREET
PHILIDELPHIA,PA19148
NONE   UNRESTRICTED 7,641
SAVE THE REDWOODS LEAGUE


111 SUTTER STREET 11 FLOOR
SAN FRANCISCO,CA94104
NONE   UNRESTRICTED 5,077
SOUTHWEST MONTANA MOUNTAIN BIKING A


PO BOX 1855
BOZEMAN,MT59771
NONE   UNRESTRICTED 1,000
WOLF CONSERVATION CENTER


7 BUCK RUN STREET
SOUTH SALEM,NY10590
NONE   UNRESTRICTED 2,772
ANIMAL RECOVERY MISSION


PO BOX 403344
MIAMI BEACH,FL33140
NONE   UNRESTRICTED 2,600
THE FIELD


228 PARK AVE S SUITE 97217
NEW YORK,NY10003
NONE   BROOKLYN TAVERN THEATER 5,077
HISTORY DAY


4511 KNOX ROAD SUITE 205
COLLEGE PARK,MD20740
NONE   UNRESTRICTED 5,077
FULCRUM ARTS


544 NORTH FAIR OAKS AVE
PASADENA,CA91103
NONE   PEOPLE'S POTTERY PROJECT 3,000
QUEEN CITY CATS


120 ETHAN ALLEN PARKWAY
BURLINGTON,VT05408
NONE   UNRESTRICTED 5,000
SHADOWLAND ARTISTS INC


98 CENTER STREET
ELLENVILLE,NY12428
NONE   UNRESTRICTED 2,539
AMERICAN LIBRARY ASSOCIATION


225 N MICHIGAN AVE SUITE 1300
CHICAGO,IL60601
NONE   UNITED AGAINST BANNED BOOKS 3,000
WORLD HEALTH FOUNDATION


8222 GEORGIA AVE SUITE 350
SILVER SPRING,MD20910
NONE   UNRESTRICTED 6,346
ABSAROKA BEARTOOTH WILDERNESS FOUND


9 BROADWAY AVENUE SOUTH SUITE B
RED LODGE,MT59068
NONE   UNRESTRICTED 2,000
AKASHINGA INC


29476 NORTHWEST HIGHWAY STE 531
SOUTHFIELD,MI48034
NONE   UNRESTRICTED 2,000
CHARITIES AID FOUNDATION OF AMERICA


225 REINEKERS LANE STE 375
ALEXANDRIA,VA22314
NONE   UNRESTRICTED 2,000
AUERFARM


158 AUER FARM ROAD
BLOOMFIELD,CT06002
NONE   UNRESTRICTED 3,000
BIG HOLE WATERSHED COMMITTEE


PO BOX 21
DIVIDE,MT59727
NONE   UNRESTRICTED 3,000
BRIDGEWATER AREA COMMUNITY FOUNDATI


76 SOUTHGATE LOOP
BRIDGEWATER,VT05034
NONE   UNRESTRICTED 2,000
BURLINGTON CITY ARTS


135 CHURCH STREET
BURLINGTON,VT05401
NONE   UNRESTRICTED 2,000
CAMP JABBERWOCKY


200 GREENWOOD AVE
VINYARD HAVEN,MA02568
NONE   UNRESTRICTED 2,000
CHAPPY FRIENDS


848 PROUD CLARION CT
NAPERVILLE,IL60540
NONE   UNRESTRICTED 1,000
CLIMATE REALITY PROJECT


555 12TH STREET NW SUITE 350
WASHINGTON,DC20004
NONE   UNRESTRICTED 5,000
COTTONWOOD ENVIRONMENTAL LAW CENTER


PO BOX 412
BOZEMAN,MT59771
NONE   UNRESTRICTED 4,000
FARE START


700 VIRGINIA ST
SEATTLE,WA98101
NONE   UNRESTRICTED 2,000
GALLATIN RIVER TASK FORCE


1700 LONE MOUNTAIN TRAIL
BIG SKY,MT59716
NONE   UNRESTRICTED 2,000
THE GIVING KITCHEN INITIATIVE INC


970 JEFFERSON STREET NW SUITE 8
ATLANTA,GA30318
NONE   UNRESTRICTED 8,000
GOOD FOOD INSTITUTE


2503D N HARRISON ST 19
ARLINGTON,VA22207
NONE   UNRESTRICTED 2,000
GRIST MAGAZINE INC


PO BOX 12710
SEATTLE,WA98111
NONE   UNRESTRICTED 2,000
HANDS ON HARTFORD


55 BARTHOLOMEW AVE
HARTFORD,CT06106
NONE   UNRESTRICTED 7,000
INDIVISIBLE CIVICS


PO BOX 43884
WASHINGTON,DC20010
NONE   UNRESTRICTED 2,000
LITTLE STONEY POINT CITIZENS ASSOCI


3011 ROUTE 9D
COLD SPRING,NY10516
NONE   UNRESTRICTED 4,000
NEURAL STEM CELL INSTITUTE


150 NEW SCOTLAND AVE
ALBANY,NY12208
NONE   UNRESTRICTED 6,000
NONHUMAN RIGHTS PROJECT


611 PENNSYLVANIA AVE SE 345
WASHINGTON,DC20003
NONE   UNRESTRICTED 2,000
PADI AWARE FOUNDATION


30151 TOMAS SUITE 200
RANCHO SANTA MARGARI,CA92688
NONE   UNRESTRICTED 3,000
PASADENA HUMANE SOCIETY


361 S RAYMOND AVENUE
PASADENA,CA91105
NONE   UNRESTRICTED 3,000
REGENTS OF UNIVERSITY OF COLORADO


180 GRANT STREET 8TH FLOOR
DENVER,CO80203
NONE   PHET INTERACTIVE SIMULATIONS 4,772
PROJECT DRAWDOWN


428 MINNESOTA STREET SUITE 500
ST PAUL,MN55101
NONE   UNRESTRICTED 2,000
PROPUBLICA


155 AVENUE OF THE AMERICAS 13TH FL
NEW YORK,NY10013
NONE   UNRESTRICTED 4,000
SCENIC HUDSON LAND TRUST INC


58 PARKER AVENUE
POUGHKEEPSIE,NY12601
NONE   UNRESTRICTED 4,772
SHELDRICK WILDLIFE TRUST


25283 CABOT ROAD SUITE 101
LAGUNA HILLS,CA92653
NONE   UNRESTRICTED 2,000
TRANSGENDER LAW CENTER


PO BOX 70976
OAKLAND,CA94612
NONE   UNRESTRICTED 8,000
TSAVO TRUST


PO BOX 204
MTITO ANDEI,EAST AFRICA90128
KE
NONE   UNRESTRICTED 4,344
WAGS WISKERS PET RESCUE INC


32 MASTERS DRIVE
ST AUGUSTINE,FL32084
NONE   UNRESTRICTED 2,000
SHERWOOD FORESTRY SERVICE


422 LARKFIELD CENTER 423
SANTA ROSA,CA95403
NONE   UNRESTRICTED 8,077
Total ................................. 3a 809,231
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 21,463  
4 Dividends and interest from securities ....     14 601,551  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
    18 2,443,585  
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) ..   3,066,599  
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,066,599
(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: 25022934
Software Version: 2025v4.1


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

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

36-3668125
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

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

527 political organization


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

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

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
FRANKLIN PHILANTHROPIC FOUNDATION
 
Employer identification number
36-3668125
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
MORRIS F GOODMAN CHAR REMAIN UNITR
707 SKOKIE BLVD STE 600
 
NORTHBROOK, IL60062

$ 1,481,383


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
MORRIS F GOODMAN CHAR REMAIN UNITR
707 SKOKIE BLVD STE 600
 
NORTHBROOK, IL60062

$ 53,487,909


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
3
MORRIS F GOODMAN CHAR REMAIN UNT II
707 SKOKIE BLVD STE 600
 
NORTHBROOK, IL60062

$ 9,285,728


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
4
MORRIS F GOODMAN CHAR REMAIN UNT II
707 SKOKIE BLVD STE 600
 
NORTHBROOK, IL60062

$ 438,098


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
FRANKLIN PHILANTHROPIC FOUNDATION
 
Employer identification number

36-3668125
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
2
VARIOUS MARKETABLE SECURITIES $ 53,487,909 2025-08-19
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
3
VARIOUS MARKETABLE SECURITIES $ 9,285,728 1992-08-18
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
FRANKLIN PHILANTHROPIC FOUNDATION
 
Employer identification number

36-3668125
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID: 25022934
Software Version: 2025v4.1

TY 2025 AccountingFeesSchedule
Name:
FRANKLIN PHILANTHROPIC FOUNDATION
EIN:
36-3668125
Software ID:
25022934
Software Version:
2025v4.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION 9,090 0 0 0

TY 2025 CompensationExplanation
Name:
FRANKLIN PHILANTHROPIC FOUNDATION
EIN:
36-3668125
Software ID:
25022934
Software Version:
2025v4.1
Person Name Explanation
DAVID MABIE ALL AMOUNTS WERE PAID TO CHICAGO CAPITAL LLC FOR INVESTMENT SERVICES. CHICAGO CAPITAL LLC IS MORE THAN 35% OWNED BY DAVID MABIE
RANDALL ROMEI ALL AMOUNTS WERE PAID TO ASHCRAFT & ASHCRAFT LTD FOR LEGAL AND OTHER PROFESSIONAL SERVICES. ASHCRAFT & ASHCRAFT LTD IS MORE THAN 35% OWNED BY RANDALL ROMEI.

TY 2025 ContractorCompensationExpln
Name:
FRANKLIN PHILANTHROPIC FOUNDATION
EIN:
36-3668125
Software ID:
25022934
Software Version:
2025v4.1
Contractor Explanation
CHICAGO CAPITAL LLC INVESTMENT SERVICE FEES PAID TO CHICAGO CAPITAL LLC ARE INCLUDED IN PART VII AMOUNTS PAID TO DAVID MABIE SINCE CHICAGO CAPITAL LLC IS MORE THAN 35% OWNED BY DAVID MABIE.

TY 2025 InvestmentsCorpStockSchedule
Name:
FRANKLIN PHILANTHROPIC FOUNDATION
EIN:
36-3668125
Software ID:
25022934
Software Version:
2025v4.1
Name of Stock End of Year Book Value End of Year Fair Market Value
KORNIT DIGITAL LTD 1,148,534 846,076
ALPHABET INC 794,025 5,572,652
AMAZON.COM 263,758 2,918,257
APPLE INC 40,890 1,544,980
COSTCO WHOLESALE CORP 234,883 1,074,476
COSTAR GROUP INC 644,213 1,446,131
DEXCOM INC 274,214 1,304,701
IDEX LABORATORIES INC 109,894 1,553,313
INTERCONTINENTAL EXCHANGE INC 375,784 2,842,398
LOWES COMPANIES INC 96,507 666,084
PROGRESSIVE CORP 188,002 1,172,302
VEEVA SYSTEMS INC CL A 411,625 1,371,079
VISA INC 197,991 3,186,902
WORKDAY INC 267,652 809,721
LIGAND PHARMACEUTICALS INC 859,928 1,888,053
TAIWAN SEMICONDUCTOR MANUFACTURING 592,128 2,286,772
LITHIA MTRS INC 1,206,879 1,676,605
ASML HOLDING NV EURO 194,495 335,936
INTUIT INC 1,350,417 2,158,164
TRANSDIGM GROUP INC 504,985 1,524,008
META PLATFORMS INC CLASS A 756,945 3,497,817
INSULET CORP 281,854 443,983
NETFLIX INC 317,909 1,162,624
NVIDIA CORP 714,116 2,752,740
SERVICENOW INC 799,463 1,644,495
STRYKER CORP 1,130,096 1,695,843
BOSTON SCIENTIFIC CORP 894,200 880,462
BURLINGTON STORES INC 1,133,347 1,278,161
PROCEPT BIOROBOTICS CORP 1,805,607 1,053,092
UBER TECHNOLOGIES INC 1,574,164 1,984,082
ADYEN NV 196,178 181,244
ALKAMI TECHNOLOGY INC 1,177,703 1,086,228
BLOOM ENERGY CORP 1,146,408 1,128,180
FAIR ISAAC CORP 74,829 1,029,587
ELI LILLY & CO 256,952 343,898
VERTIV HOLDINGS CO 248,054 423,818

TY 2025 InvestmentsGovtObligationsSch
Name:
FRANKLIN PHILANTHROPIC FOUNDATION
EIN:
36-3668125
Software ID:
25022934
Software Version:
2025v4.1
US Government Securities - End of Year Book Value:

19,233,103
US Government Securities - End of Year Fair Market Value:

19,203,909
State & Local Government Securities - End of Year Book Value:


3,610,281
State & Local Government Securities - End of Year Fair Market Value:


3,604,797


TY 2025 InvestmentsOtherSchedule2
Name:
FRANKLIN PHILANTHROPIC FOUNDATION
EIN:
36-3668125
Software ID:
25022934
Software Version:
2025v4.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CAPITAL ONE NATL ASSN CD 3.3% AT COST 300,480 299,856

TY 2025 OtherDecreasesSchedule
Name:
FRANKLIN PHILANTHROPIC FOUNDATION
EIN:
36-3668125
Software ID:
25022934
Software Version:
2025v4.1
Description Amount
UNREALIZED GAIN ON DONATED SECURITIES 29,950,972


TY 2025 OtherExpensesSchedule
Name:
FRANKLIN PHILANTHROPIC FOUNDATION
EIN:
36-3668125
Software ID:
25022934
Software Version:
2025v4.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE AND OTHER FEES 850      
TRAVEL AND MEETING EXPENSES 89,555