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
Markovich Family Charitable Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address) Foundation Source 501 Silverside Rd
  Room/suite
City or town
Wilmington
State or province
DE
Country  
ZIP or foreign postal code
198091377
A Employer identification number

45-3668413
B Telephone number (see instructions)

8008391754
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)$5,217,772J 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) 300,000
2 Check .................
3 Interest on savings and temporary cash investments 7,369 7,369  
4 Dividends and interest from securities... 89,980 89,980  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 228,076
b Gross sales price for all assets on line 6a 1,244,287
7 Capital gain net income (from Part IV, line 2)... 228,076
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)....... Click to see attachment
List of Attached Documents:
// Content
4,512 4,512  
12 Total. Add lines 1 through 11........ 629,937 329,937  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
41,041 41,041    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
4,843 179    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
17,264 15   17,249
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 63,148 41,235   17,249
25 Contributions, gifts, grants paid....... 212,500 212,500
26 Total expenses and disbursements. Add lines 24 and 25 ................ 275,648 41,235   229,749
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 354,289
b Net investment income (if negative, enter -0-) 288,702
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.............      
2 Savings and temporary cash investments......... 103,735 208,004 208,004
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) 0
Less: allowance for doubtful accounts   400,000 Click to see attachment
List of Attached Documents:
// Content
0 		0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 33,548 Click to see attachment
List of Attached Documents:
// Content
33,548 		35,805
b Investments—corporate stock (attach schedule)....... 2,545,314 Click to see attachment
List of Attached Documents:
// Content
3,091,933 		4,252,152
c Investments—corporate bonds (attach schedule)....... 585,601 Click to see attachment
List of Attached Documents:
// Content
689,002 		721,811
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,668,198 4,022,487 5,217,772
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 3,668,198 4,022,487
29 Total net assets or fund balances (see instructions)..... 3,668,198 4,022,487
30 Total liabilities and net assets/fund balances (see instructions). 3,668,198 4,022,487
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
3,668,198
2
Enter amount from Part I, line 27a .....................
2
354,289
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
4,022,487
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
4,022,487
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      
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 1,244,287   1,016,211 228,076
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       228,076
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 2 228,076
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 4,013
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 4,013
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 4,013
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 2,900
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,300
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,200
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 0
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... 10 187
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax187 Refunded 11 0
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)
DE
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website address  
14
The books are in care ofFoundation Source Telephone no. (800) 839-1754

Located at501 Silverside Road Suite 123WilmingtonDE ZIP+4198091377
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
 
 
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
Dale Markovich Dir, VP
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Greg Markovich Pres, Sec, Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Rachel Markovich Dir, VP
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
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
4,554,319
b
Average of monthly cash balances.......................
1b
256,202
c
Fair market value of all other assets (see instructions)................
1c
79,452
d
Total (add lines 1a, 1b, and 1c).......................
1d
4,889,973
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
4,889,973
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
73,350
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
4,816,623
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
240,831
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
240,831
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
4,013
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,013
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
236,818
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
236,818
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
236,818
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
229,749
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
229,749
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 7 236,818
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 188,513
b Total for prior years:2023, 2022, 2021  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2025 from Part
XI, line 4: $ 229,749
a Applied to 2024, but not more than line 2a 188,513
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..... 41,236
e Remaining amount distributed out of corpus 0
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 0
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 .......... 		195,582
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 ...... 		0
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 .... 0
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).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
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

AMERICAN NATIONAL RED CROSS

431 18TH ST NW
WASHINGTON,DC20006 		N/A   General & Unrestricted 10,000

BITTERROOT PERFORMING ARTS COUNCIL INC

127 W MAIN ST STE 108
HAMILTON,MT59840 		N/A   General & Unrestricted 5,000

BUTTE EMERGENCY FOOD BANK

1019 E 2ND ST
BUTTE,MT59701 		N/A   General & Unrestricted 2,000

COLT ANDERSON SKILLS CAMP

112 S MAIN ST
BUTTE,MT59701 		N/A   General & Unrestricted 5,000

FLATHEAD COUNTY SHERIFFS POSSE INC

PO BOX 31
KALISPELL,MT59903 		N/A   General & Unrestricted 5,000

FLATHEAD FOOD BANK INC

1203 US HWY 2 W STE 2
KALISPELL,MT59901 		N/A   General & Unrestricted 3,000

FLATHEAD FOOD BANK INC

1203 US HWY 2 W STE 2
KALISPELL,MT59901 		N/A   Flathead Foodbank Capital Campaign 10,000

FLATHEAD LAND TRUST INC

690 N MERIDIAN RD STE 207
KALISPELL,MT59901 		N/A   General & Unrestricted 5,000

FLATHEAD VALLEY COMMUNITY COLLEGE FOUNDATION INC

777 GRANDVIEW DR
KALISPELL,MT59901 		N/A   General & Unrestricted 15,000

GARDEN CITY BALLET COMPANY

800 KENSINGTON AVE STE LL2
MISSOULA,MT59801 		N/A   General & Unrestricted 500

GLACIER SYMPHONY AND CHORALE INC

PO BOX 2491
KALISPELL,MT59903 		N/A   General & Unrestricted 5,000

GRANITE COUNTY MEDICAL FOUNDATION

PO BOX 401
PHILIPSBURG,MT59858 		N/A   General & Unrestricted 20,000

KALISPELL SCHOOL DISTRICT NO 5EDUCATION FOUNDATION

24 1ST AVE E STE D
KALISPELL,MT59901 		N/A   General & Unrestricted 5,000

MAINSTREET UPTOWN BUTTE INC

PO BOX 696
BUTTE,MT59703 		N/A   Folk Fest FUND 20,000

MISSOULA AREA YOUTH HOCKEY ASSOCIATION

PO BOX 87
MISSOULA,MT59806 		N/A   General & Unrestricted 10,000

MISSOULA DOWNTOWN FOUNDATION INC

218 E MAIN ST STE C
MISSOULA,MT59802 		N/A   General & Unrestricted 10,000

MISSOULA EDUCATION FOUNDATION

PO BOX 1775
MISSOULA,MT59806 		N/A   General & Unrestricted 5,000

MISSOULA FOOD BANK & COMMUNITY CENTER INCORPORATED

1720 WYOMING ST
MISSOULA,MT59801 		N/A   General & Unrestricted 6,000

MISSOULA WRITING COLLABORATIVE

PO BOX 9237
MISSOULA,MT59807 		N/A   General & Unrestricted 7,000

MOUNTAIN HOME MONTANA INC

4720 23RD AVE
MISSOULA,MT59803 		N/A   General & Unrestricted 10,000

NORTH VALLEY FOOD BANK INC

251 FLATHEAD AVE
WHITEFISH,MT59937 		N/A   General & Unrestricted 3,000

PROJECT WHITEFISH KIDS INC

PO BOX 2010
WHITEFISH,MT59937 		N/A   General & Unrestricted 5,000

THE UNIVERSITY OF MONTANA WESTERN FOUNDATION

710 S ATLANTIC ST
DILLON,MT59725 		N/A   The Experience One Campaign - Stadium pledge 20,000

THE V FOUNDATION

14600 WESTON PKWY
CARY,NC27513 		N/A   General & Unrestricted 1,000

UNIVERSITY OF MONTANA FOUNDATION

PO BOX 7159
MISSOULA,MT59807 		N/A   State of Mind FUND 10,000

WHITEFISH SCHOOL DISTRICT EDUCATION FOUNDATION

PO BOX 1417
WHITEFISH,MT59937 		N/A   General & Unrestricted 5,000

WILDLAND FIREFIGHTER FOUNDATION

2393 W AIRPORT WAY
BOISE,ID83705 		N/A   General & Unrestricted 10,000
Total ................................. 3a 212,500
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 7,369  
4 Dividends and interest from securities ....     14 89,980  
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 ............ 		    18 228,076  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aINTEREST INCOME FROM CONTRACT FOR DEED 		    14 4,512  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   329,937  
13Total. Add line 12, columns (b), (d), and (e)..................
13
329,937
(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
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
Markovich Family Charitable Foundation
 
Employer identification number

45-3668413
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
Markovich Family Charitable Foundation
  		Employer identification number
45-3668413
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
Roach Smith Distributors Inc
270 East Park Street Suite 1
 
Butte, MT597011308

$ 300,000


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
Markovich Family Charitable Foundation
  		Employer identification number

45-3668413
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
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
Markovich Family Charitable Foundation
  		Employer identification number

45-3668413
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


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Software Version:  

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TY 2025 DepreciationSchedule
Name:
Markovich Family Charitable Foundation
EIN:
45-3668413
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 InvestmentsCorpBondsSchedule
Name:
Markovich Family Charitable Foundation
EIN:
45-3668413
Name of Bond End of Year Book Value End of Year Fair Market Value
ACCENTURE CAPITAL INC - 4.250% 32,795 34,079
AIR LEASE CORP - 5.300% - 02/0 25,202 26,484
AT&T INC - 2.750% - 06/01/2031 24,249 27,578
BANK AMERICA CORP SER - 4.948% 25,039 26,371
BANK OF AMERICA CORP - 2.299% 1,517 1,790
BHP BILLTON FIN - 5.250% - 09/ 23,922 24,219
BP CAP MKTS AMERICA INC - 4.97 32,217 32,950
CITIGROUP INC NOTE CALL MAKE - 25,176 28,593
DISCOVERY COMMUNICATIONS LLC - 21,214 22,095
ENBRIDGE INC MTN CDS- NOTE - 5 24,907 27,428
ENTERPRISE PRODS - 3.700% - 02 24,982 25,983
EVERSOURCE ENERGY - 5.950% - 0 8,262 8,475
GENERAL MTRS - 5.850% - 04/06/ 24,996 27,334
GOLDMAN SACHS BK - 6.561% - 10 32,623 33,476
HOWMET AEROSPACE INC NOTE - 3. 17,321 19,410
INTEL - 3.750% - 08/05/2027 24,671 25,854
JP MORGAN CHASE BANK NA - 5.76 4,176 4,269
JPMORGAN CHASE & CO NOTE - 4.8 25,166 26,337
MERCK & CO INC - 0.000% - 09/1 10,133 10,173
NVIDIA CORP - 2.850% - 04/01/2 24,599 24,858
ONEOK INC - 4.850% - 07/15/202 5,911 6,012
ORACLE CORP NOTE - 6.250% - 11 24,384 25,085
PLAINS ALL AMER PIPELINE - 5.7 36,463 37,190
ROYAL BANK CDA - 4.970% - 08/0 26,458 26,649
ROYAL BK CDA - 5.150% - 02/01/ 1,988 2,088
SOUTHERN CALIF EDISON CO SER 2 25,720 26,554
SOUTHERN CALIFORNIA GAS - 2.60 24,219 25,848
T MOBILE USA INC NOTE - 3.375% 24,764 27,309
THERMO FISHER - 5.200% - 01/31 12,198 12,537
UNITED RENTALS - 5.250% - 01/1 21,713 22,312
VICI PROPERTIES LP NOTE - 5.12 29,777 30,251
WEC ENERGY GROUP INC - 5.600% 22,240 22,220

TY 2025 InvestmentsCorpStockSchedule
Name:
Markovich Family Charitable Foundation
EIN:
45-3668413
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO 32,086 44,988
ABBOTT LABS 36,011 41,220
ABBVIE INC 56,250 89,111
ALLEGION PLC 2,145 2,070
ALLSTATE CORP 16,711 17,901
ALPHABET INC CL A 98,889 172,463
AMAZON COM 62,353 91,866
AMERICAN EXPRESS CO 51,371 89,898
AMPHENOL CORPORATION 21,201 20,676
ANALOG DEVICES INC 65,569 83,801
APPLE INC 80,131 113,909
ARISTA NETWORKS 15,990 21,096
ASTRAZENECA PLC SP ADR 36,923 49,642
AT&T, INC 40,951 36,291
AUTOMATIC DATA PROCESSING INC 21,577 23,665
BANK NEW YORK MELLON CORP COM 24,930 36,104
BENTLEY SYSTEMS INC CL B 2,441 1,603
BERKLEY W R CP 2,144 2,174
BJ'S WHLSL CLUB INC 1,362 1,170
BLACKROCK INC 38,888 49,236
BOSTON SCIENTIFIC 16,701 24,124
BRIGHT HORIZONS FAMILY SOLUTIO 1,250 1,115
BROADCOM INC 82,493 217,697
CHEMED CORP 850 856
CHOICE HOTELS INTERNATIONAL IN 1,319 953
CHUBB LIMITED 18,384 22,785
CISCO SYSTEMS INC 80,714 82,422
CME GROUP, INC 16,125 20,208
CONOCOPHILLIPS 10,960 18,628
COOPER COMPANIES INC 1,462 1,639
CSX CORP 35,861 37,918
EATON CORP PLC 45,545 43,636
ELI LILLY & CO 42,169 64,481
EMERSON ELECTRIC CO 21,528 26,942
ENTERGY CORP 14,014 13,402
EQUIFAX INC 1,471 1,302
EXPONENT, INC 773 764
EXXON MOBIL CORP 56,068 67,511
GOLDMAN SACHS GROUP 21,161 50,103
HAMILTON LANE INC 942 806
HENRY JACK & ASSOC INC 1,401 1,460
HOME DEPOT INC 84,107 81,896
INTERACTIVE BROKERS GROUP, INC 2,788 2,701
INTERCONTINENTAL EXCHANGE, INC 18,714 17,816
INTERNATIONAL BUSINESS MACHINE 19,390 21,920
INTUIT 28,422 31,796
INTUITIVE SURGICAL 12,634 23,221
JOHNSON & JOHNSON 91,855 116,306
JOHNSON CONTROLS INTERNATIONAL 37,923 52,570
JP MORGAN CHASE 79,726 159,499
LENNOX INTL INC 1,864 1,457
LINDE PLC COM 74,236 95,511
LPL FINANCIAL HOLDINGS INC 2,772 2,500
MARSH AND MCLENNAN COMPANIES I 23,203 19,851
MASTERCARD INC 26,109 34,824
MCDONALD'S CORP 62,731 69,684
MEDTRONIC PLC 44,229 43,515
META PLATFORMS INC 31,015 53,467
MICROSOFT CORP 213,932 325,476
MORGAN STANLEY 46,777 91,073
NETFLIX INC 33,766 27,190
NEXTERA ENERGY, INC 31,747 35,965
NORDSON CP 1,540 1,683
NVIDIA CORP 125,665 194,893
O'REILLY AUTOMOTIVE INC 16,526 18,972
OLLIES BARGAIN OUTLET HOLDINGS 1,389 1,096
ORACLE CORP 58,202 79,328
PALO ALTO NETWORKS INC 21,055 24,314
PARKER HANNIFIN CP 12,595 22,853
POOL CORP 1,585 1,144
PROCTER GAMBLE CO 30,669 29,952
PROGRESSIVE CORP OHIO 16,492 15,940
PROLOGIS 84,791 92,043
RAYTHEON TECHNOLOGIES CORP 80,824 120,677
REPUBLIC SVCS INC 6,417 11,868
ROLLINS INC 1,791 1,861
S&P GLOBAL INC COM 27,985 31,355
SAIA, INC 1,242 1,306
SERVICETITAN INC CL A 1,387 1,385
SHERWIN-WILLIAMS CO 16,495 17,822
SITEONE LANDSCAPE SUPPLY INC 993 872
STARBUCKS CORP COM 33,873 30,821
STRYKER CORPORATION 20,749 19,331
TAIWAN SEMICONDUCTOR MFG CO LT 50,642 98,460
TELEDYNE TECH INC 1,666 1,532
TEXAS INSTRUMENTS INC 36,783 32,269
THE COCA-COLA CO 27,672 34,605
THOR INDS INC 1,351 1,437
TJX COMPANIES INC 53,853 76,805
TRANE TECHNOLOGIES PLC 24,884 33,471
TRANSDIGM GRP INC 14,213 15,958
TRAVELERS COMPANIES INC 11,590 14,213
TRIMBLE NAV LTD 1,370 1,254
UL SOLUTIONS INC CI A 1,602 1,735
UNION PACIFIC 35,547 37,474
UNIVERSAL DISPLAY CORP 1,777 1,401
VISA INC 32,547 45,242
WAL-MART STORES INC 32,575 66,957
WATSCO INC 1,791 1,348
WELLS FARGO & CO 29,482 49,116
YUM BRANDS INC 19,713 20,272
ZEBRA TECHNOLOGIES CORP 1,682 1,214
ZURN WATER SOLUTIONS 1,874 1,999

TY 2025 InvestmentsGovtObligationsSch
Name:
Markovich Family Charitable Foundation
EIN:
45-3668413
US Government Securities - End of Year Book Value:

33,548
US Government Securities - End of Year Fair Market Value:

35,805
State & Local Government Securities - End of Year Book Value:


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


 


TY 2025 OtherExpensesSchedule
Name:
Markovich Family Charitable Foundation
EIN:
45-3668413
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 17,224     17,224
Bank Charges 15 15    
State or Local Filing Fees 25     25


TY 2025 OtherIncomeSchedule2
Name:
Markovich Family Charitable Foundation
EIN:
45-3668413
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INTEREST INCOME FROM CONTRACT FOR DEED 4,512 4,512  


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TY 2025 OtherNotesLoansRcvblLongSch
Name:
Markovich Family Charitable Foundation
EIN:
45-3668413

Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
CONTRACT FOR DEED - LOT 3 PETERSON IN NONE 200,000 0 2020-06 2025-03 INT MONTHLY, PRINCIPAL ON MATURITY 450 % WARRANTY DEED INVESTMENT NONE 0 NONE 0  
CONTRACT FOR DEED - LOT 4 PETERSON IN NONE 200,000 0 2020-06 2025-03 INT MONTHLY, PRINCIPAL ON MATURITY 450 % WARRANTY DEED INVESTMENT NONE 0 NONE 0  

TY 2025 OtherProfessionalFeesSchedule
Name:
Markovich Family Charitable Foundation
EIN:
45-3668413
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 41,041 41,041    


TY 2025 TaxesSchedule
Name:
Markovich Family Charitable Foundation
EIN:
45-3668413
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2025 2,900      
990-PF Excise Tax for 2024 1,764      
Foreign Tax Paid 179 179