TY 2025 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

OMB No. 1545-0047

2025

Open to Public Inspection

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

Name of foundation
THE SUNDERLAND FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address) 5700 W 112TH STREET 320
Room/suite

City or town
OVERLAND PARK

State or province
KS

Country

ZIP or foreign postal code
66211

A Employer identification number

44-6011082

B Telephone number (see instructions)

9133356454

C If exemption application is pending, check here

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

Address change Name change

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

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

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

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

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

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$927,027,923J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .................
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	22,332,749		26,204,568
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		19,251,691
b	Gross sales price for all assets on line 6a 270,896,524
7	Capital gain net income (from Part IV, line 2)...			22,247,901
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).......	List of Attached Documents: // Content	237,179	-69,353
12	Total. Add lines 1 through 11........	41,821,619		48,383,116
13	Compensation of officers, directors, trustees, etc.	561,359		224,544	336,815
14	Other employee salaries and wages......	83,143		33,257	49,886
15	Pension plans, employee benefits.......	111,376		44,551	66,826
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	137,872	68,936	68,936
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	16,400	8,200	8,200
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	1,067,255	1,247,410	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	909,502	155,396	14,701
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............	392,963		0	392,963
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	3,809	1,333	2,476
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	3,283,679		1,783,627	940,803
25	Contributions, gifts, grants paid.......	102,117,140			102,117,140
26	Total expenses and disbursements. Add lines 24 and 25 ................	105,400,819		1,783,627	103,057,943
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-63,579,200
b	Net investment income (if negative, enter -0-)			46,599,489
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2025)

Form 990-PF (2025)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	2	3	3
	2	Savings and temporary cash investments.........	71,969,758	46,490,754	46,490,754
	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) 1,357,480
		Less: allowance for doubtful accounts 0	3,542,230	1,357,480	1,357,480
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	338,714,321	List of Attached Documents: // Content 360,355,635	360,355,635
	c	Investments—corporate bonds (attach schedule).......	266,313,381	List of Attached Documents: // Content 270,783,787	270,783,787
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	243,047,065	List of Attached Documents: // Content 245,463,451	245,463,451
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 2,500,000	List of Attached Documents: // Content 2,576,813	List of Attached Documents: // Content 2,576,813
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	926,086,757	927,027,923	927,027,923
	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
		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........	1,472,070,151	1,472,070,151
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	-545,983,394	-545,042,228
	29	Total net assets or fund balances (see instructions).....	926,086,757	927,027,923
	30	Total liabilities and net assets/fund balances (see instructions).	926,086,757	927,027,923

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

926,086,757

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

-63,579,200

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

List of Attached Documents:

// Content

64,520,366

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

927,027,923

Decreases not included in line 2 (itemize)

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

927,027,923

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	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES		2025-12-31
b	CAPITAL GAIN DISTRIBUTIONS	P	2025-12-31
c	LONG-TERM CAPITAL LOSS FROM PASSTHROUGHS	P	2025-12-31
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	267,907,474	248,630,978	19,276,496
b	2,989,050		2,989,050
c		17,645	-17,645
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			19,276,496
b			2,989,050
c			-17,645
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	22,247,901
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 .........................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	647,733
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	0
3	Add lines 1 and 2...........................	3	647,733
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	647,733
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	513,970
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	135,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	648,970
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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	1,237
11	Enter the amount of line 10 to be: Credited to 2026 estimated tax1,237	Refunded	11	0
	For Refunded amount, also complete and attach Form 8050. See instructions.

Form 990-PF (2025)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

(1) On the foundation. $ 0(2) On foundation managers.$ 0

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

on foundation managers.$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

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

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

KS, MO

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 . Click to see attachment

List of Attached Documents:

// Content

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions Click to see attachment

List of Attached Documents:

// Content

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

Yes

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

Yes

Website addressWWW.SUNDERLAND.ORG

The books are in care ofRANDY VANCE PRESIDENT Telephone no. (913) 335-6454

Located at5700 W 112TH STREET SUITE 320OVERLAND PARKKS ZIP+466211

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........

and enter the amount of tax-exempt interest received or accrued during the year ........

16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country

Form 990-PF (2025)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

Yes

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

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2025? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2025?....................

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

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine

if the foundation had excess business holdings in 2025.).....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..

Form 990-PF (2025)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

Yes

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

Yes

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

List of Attached Documents:

// Content

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation
KENT SUNDERLAND	CHAIRMAN, TRUSTEE 1.00	12,000	0
5700 W 112TH STREET OVERLAND PARK,KS66211	CHAIRMAN, TRUSTEE 1.00	12,000	0
CHARLES SUNDERLAND	SECRETARY & TREASURER, TRUSTEE 1.00	12,000	0
5700 W 112TH STREET OVERLAND PARK,KS66211	SECRETARY & TREASURER, TRUSTEE 1.00	12,000	0
WILLIAM SUNDERLAND	TRUSTEE 1.00	12,000	0
5700 W 112TH STREET OVERLAND PARK,KS66211	TRUSTEE 1.00	12,000	0
THOMAS SUNDERLAND	TRUSTEE 1.00	12,000	0
5700 W 112TH STREET OVERLAND PARK,KS66211	TRUSTEE 1.00	12,000	0
JENNIFER MAYHEW	TRUSTEE 1.00	12,000	0
5700 W 112TH STREET OVERLAND PARK,KS66211	TRUSTEE 1.00	12,000	0
LEIGH FOSTER	TRUSTEE 1.00	12,000	5,206
5700 W 112TH STREET OVERLAND PARK,KS66211	TRUSTEE 1.00	12,000	5,206
MICHELLE BUCKNER	TRUSTEE 1.00	12,000	23,807
5700 W 112TH STREET OVERLAND PARK,KS66211	TRUSTEE 1.00	12,000	23,807
RANDY VANCE	PRESIDENT, COO 40.00	477,359	65,982
5700 W 112TH STREET OVERLAND PARK,KS66211	PRESIDENT, COO 40.00	477,359	65,982
GRANT SUNDERLAND	TRUSTEE 1.00	0	0
5700 W 112TH STREET OVERLAND PARK,KS66211	TRUSTEE 1.00	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
STEPHANIE JAMES	GRANT ADMINISTRATOR 30.00	83,143	6,402	0
5700 W 112TH STREET OVERLAND PARK,KS66211	GRANT ADMINISTRATOR 30.00	83,143	6,402	0








Total number of other employees paid over $50,000...................				0

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
GOLDMAN SACHS	INVESTMENT MANAGEMENT	1,020,307
609 MAIN STREET SUITE 2100 HOUSTON,TX77002	INVESTMENT MANAGEMENT	1,020,307

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.........................0

Form 990-PF (2025)

Page 8

Part IX

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

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

purposes:

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

865,468,998

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

47,672,904

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

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

913,141,902

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

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

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

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

913,141,902

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

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

13,697,129

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

899,444,773

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

44,972,239

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)

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

44,972,239

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

647,733

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

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

647,733

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

44,324,506

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

450,000

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

44,774,506

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

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

44,774,506

Part XI

Qualifying Distributions (see instructions)

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

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

103,057,943

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

103,057,943

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					44,774,506
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2025:
a From 2020......	119,541,777
b From 2021......	113,094,655
c From 2022......	153,743,802
d From 2023......	166,341,061
e From 2024......	131,131,703
f Total of lines 3a through e ........		683,852,998
4Qualifying distributions for 2025 from Part
XI, line 4: $ 103,057,943
a Applied to 2024, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions) .....			0
c Treated as distributions out of corpus (Election required—see instructions) ........		0
d Applied to 2025 distributable amount.....					44,774,506
e Remaining amount distributed out of corpus		58,283,437
5 Excess distributions carryover applied to 2025.		0			0
(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		742,136,435
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2024. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2025. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2026 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2020 not applied on line 5 or line 7 (see instructions) ...		119,541,777
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......		622,594,658
10 Analysis of line 9:
a Excess from 2021 ....	113,094,655
b Excess from 2022 ....	153,743,802
c Excess from 2023 ....	166,341,061
d Excess from 2024 ....	131,131,703
e Excess from 2025 ....	58,283,437

Form 990-PF (2025)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2025	(b) 2024	(c) 2023	(d) 2022	(e) Total

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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

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

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

THE SUNDERLAND FOUNDATION
5700 W 112TH STREET SUITE 320
OVERLAND PARK,KS66211
(913) 335-6454

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

SEE WEBSITE FOR REQUIRED MATERIALS AND INFORMATION.

cAny submission deadlines:

NONE

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

GEOGRAPHIC LIMITATIONS APPLY. SEE WEBSITE

Form 990-PF (2025)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMALGAMATED FOUNDATION 1825 K STREET NW WASHINGTON,DC20006	NONE		2025 DAF FUNDING	5,000,000
AMALGAMATED FOUNDATION 1826 K STREET NW WASHINGTON,DC20006	NONE		2025 DAF FUNDING	3,000,000
AMALGAMATED FOUNDATION 1826 K STREET NW WASHINGTON,DC20006	NONE		2025 DONATION FOR HOUSE US FUND	500,000
CHILDRENS MERCY HOSPITAL 2401 GILLHAM ROAD KANSAS CITY,MO64108	NONE		2025 SPONSOR OF FIRST TEE TOM WATSON GOLF TOURNAMENT	25,000
CORE INFLUENCER INSTITUTE 300 E 39TH STREET SUITE 1G KANSAS CITY,MO64111	NONE		2025 DONATION	500,000
ECONOMIC CLUB OF KANSAS CITY PO BOX 1214 MISSION,KS66222	NONE		2026 MEMBERSHIP	2,750
FIDELITY CHARITABLE 100 CROSBY PARKWAY COVINGTON,KY41015	NONE		2025 DAF FUNDING	150,000
GOLDMAN SACHS PHILANTHROPY FUND ALBANY NY 200 WEST ST FL 15 NEW YORK CITY,NY10282	NONE		2025 DAF FUNDING	5,000,000
GOLDMAN SACHS PHILANTHROPY FUND ALBANY NY 200 WEST ST FL 15 NEW YORK CITY,NY10282	NONE		2025 DAF FUNDING	5,000,000
GREATER KANSAS CITY COMMUNITY FOUNDATION 1056 BROADWAY BOULEVARD 130 KANSAS CITY,MO64105	NONE		2025 DAF FUNDING	5,000,000
GREATER KANSAS CITY COMMUNITY FOUNDATION 1057 BROADWAY BOULEVARD 130 KANSAS CITY,MO64105	NONE		2025 DAF FUNDING	5,000,000
IMPACT ASSETS INC 4340 EAST WEST HIGHWAY SUITE 210 BETHESDA,MD20814	NONE		2025 DAF FUNDING	5,000,000
IMPACT ASSETS INC 4340 EAST WEST HIGHWAY SUITE 210 BETHESDA,MD20814	NONE		2025 DAF FUNDING	2,000,000
JOHNSON COUNTY COMMUNITY COLLEGE FOUNDATION 12345 COLLEGE BOULEVARD OVERLAND PARK,KS66210	NONE		2025 SOME ENCHANTED EVENING SPONSOR	25,000
KANBE'S MARKETS 3119 TERRACE ST KANSAS CITY,MO64111	NONE		HEALTHY CORNER STORE CAMPAIGN / INNOVATION SHIFT PROGRAM	495,000
KC PEOPLE'S FUND 1055 BROADWAY BLVD SUITE 130 KANSAS CITY,MO64105	NONE		2025 DONATION	25,000,000
LIBERTY MEMORIAL ASSOCIATION 2 MEMORIAL DRIVE KANSAS CITY,MO64108	NONE		2025 NIGHT AT THE TOWER SPONSOR	15,000
NATIONAL CHRISTIAN FOUNDATION 1150 SANCTUARY PARKWAY SUITE 350 ALPHARETTA,GA30009	NONE		2025 DAF FUNDING	5,000,000
PERIGEE FUND 1601 5TH AVE SUITE 1900 SEATTLE,WA98101	NONE		MENTAL HEALTH PRACTICES FOR MATERNAL AND INFANT WELL BEING	250,000
SEATTLE FOUNDATION 1601 5TH AVE 1900 SEATTLE,WA98101	NONE		2025 DAF FUNDING	5,000,000
THE SOLUTIONS PROJECT 4096 PIEDMONT AVE 728 OAKLAND,CA94611	NONE		GENERAL OPERATIONS	500,000
UNITED WAY OF GREATER KANSAS CITY 801 W 47TH STREET KANSAS CITY,MO64112	NONE		2025 DONATION	2,000,000
UNIVERSITY OF KANSAS ENDOWMENT ASSOCIATION 1981 CONSTANT AVENUE LAWRENCE,KS66047	NONE		2025 DONATION	2,321,057
UNIVERSITY OF KANSAS ENDOWMENT ASSOCIATION 1982 CONSTANT AVENUE LAWRENCE,KS66048	NONE		2025 DONATION	25,000,000
YOUTH VOLUNTEER CORPS OF GREATER KANSAS CITY 1025 JEFFERSON STREET KANSAS CITY,MO64105	NONE		2025 DONATION - PROJECTS	333,333
Total ................................. 3a				102,117,140

bApproved for future payment
CHILDRENS MERCY HOSPITAL 10301 HICKMAN MILLS DR KANSAS CITY,MO64137	NONE	MENTAL HEALTH INITIATIVES	20,000,000
UNITED WAY OF GREATER KANSAS CITY 801 W 47TH STREET KANSAS CITY,MO64112	NONE	COMMUNITY FUND SUPPORT	2,000,000
Total ................................. 3b			22,000,000

Form 990-PF (2025)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	22,332,749
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 .....			01	37,179
8 Gain or (loss) from sales of assets other than inventory ............			18	19,251,691
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aRETURNED DONATION			01		200,000
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		41,621,619	200,000

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

41,821,619

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1	RETURNED DONATIONS

Form 990-PF (2025)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2025)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2025 AccountingFeesSchedule

Name:

THE SUNDERLAND FOUNDATION

EIN:

44-6011082

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	16,400	8,200		8,200

- TIN:

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

TY 2025 ExpenditureResponsibilityStmt

Name:

THE SUNDERLAND FOUNDATION

EIN:

44-6011082

Grantee's Name	Grantee's Address	Grant Date	Grant Amount	Grant Purpose	Amount Expended By Grantee	Any Diversion By Grantee?	Dates of Reports By Grantee	Date of Verification	Results of Verification
KC PEOPLE'S FUND	PO BOX 7045 KANSAS CITY,MO64113	2023-10-18	50,000,000	GENERAL OPERATIONS, SUPPORT AND INITIAL CAPITALIZATION.	4,012,955	NONE	12/31/2025	2026-05-30

- TIN:

TY 2025 ExplnOfNonFilingWithAGStmt

Name:

THE SUNDERLAND FOUNDATION

EIN:

44-6011082

Statement:

FOUNDATION IS EXEMPT FROM FILING WITH THE KANSAS ATTORNEY GENERAL UNDER THE KANSAS REGULATIONS.

- TIN:

TY 2025 InvestmentsCorpBondsSchedule

Name:

THE SUNDERLAND FOUNDATION

EIN:

44-6011082

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AERCAP IRELAND CAPITAL DESIGNA 3.3% 01/30/2032 USD SR	260,872	260,872
AERCAP IRELAND CAPITAL DESIGNA 3.4% 10/29/2033 USD SR	1,864,392	1,864,392
ALTRIA GROUP, INC. 5.625% 02/06/2035 USD SR LIEN	1,089,585	1,089,585
AMERICAN TOWER CORPORATION 1.5% 01/31/2028 USD SR LIEN	2,066,458	2,066,458
APPLE INC. 3.2% 05/11/2027 USD SR LIEN	9,991	9,991
AUTOMATIC DATA PROCESSING, INC. 1.25% 09/01/2030 USD SR LIEN	2,048,459	2,048,459
B.A.T. CAPITAL CORPORATION 4.7% 04/02/2027 USD SR LIEN	4,074	4,074
BANCO SANTANDER, S.A. 2.749% 12/03/2030 USD SUB LIEN	1,276,775	1,276,775
BANK OF AMERICA CORPORATION HYBRID MTN 07/23/2029 USD SR LIEN CPN 07/23/18 4	3,361,774	3,361,774
BANK OF MONTREAL HYBRID MTN 01/22/2027 USD SR LIEN CPN 01/22/21 0.949%	799,798	799,798
BARCLAYS PLC 4.337% 01/10/2028 USD SR LIEN	656,789	656,789
BP CAPITAL MARKETS AMERICA INC 3.543% 04/06/2027 USD SR LIEN	320,756	320,756
BP CAPITAL MARKETS P.L.C. 3.279% 09/19/2027 USD SR LIEN	2,490,892	2,490,892
BROADCOM INC. 5.2% 07/15/2035 USD SR LIEN	1,084,382	1,084,382
CAPITAL ONE FINANCIAL CORPORATION HYBRID 05/10/2033 USD SR LIEN CPN 05/09/22	302,087	302,087
CHEVRON USA INC 3.85% 01/15/2028 USD SR LIEN	13,254	13,254
CITIGROUP INC. HYBRID 07/24/2028 USD SR LIEN CPN 07/24/17 3.668%	227,196	227,196
CITIGROUP INC. HYBRID 11/05/2030 USD SR LIEN CPN 11/05/19 2.976%	981,666	981,666
COMCAST CORP 3.2% 07/15/2036 USD SR LIEN	2,395,844	2,395,844
COMCAST CORP 4.25% 10/15/2030 USD SR LIEN	3,030	3,030
COSTCO WHOLESALE CORP 1.75% 04/20/2032 USD SR LIEN	1,380,665	1,380,665
CVS HEALTH CORPORATION 3.625% 04/01/2027 USD SR LIEN	731,681	731,681
DISCOVER BANK HYBRID 08/09/2028 USD SER BKNT SUB LIEN CPN 08/09/18 5.974%	1,584,264	1,584,264
DOW CHEMICAL CO/THE 5.15% 02/15/2034 USD SR LIEN	1,421,259	1,421,259
DTE ELECTRIC COMPANY 2.625% 03/01/2031 USD SER C SR LIEN	991,326	991,326
DUKE ENERGY PROGRESS, LLC 2.0% 08/15/2031 USD SR LIEN	2,643,102	2,643,102
EOG RESOURCES, INC. 3.9% 04/01/2035 USD SR LIEN	1,280,966	1,280,966
ESTEE LAUDER CO INC 2.375% 12/01/2029 USD SR LIEN	1,929,291	1,929,291
FEDERAL HOME LOAN BANK SYSTEM 3.0% 09/11/2026 SER 0000 SR LIEN	8,389,488	8,389,488
GENERAL MOTORS CO 4.2% 10/01/2027 USD SR LIEN	205,432	205,432
GILEAD SCIENCES INC. 4.6% 09/01/2035 USD SR LIEN	1,762,905	1,762,905
GS FS GOVERNMENT MM FUND MUTUAL FUND	1,993,280	1,993,280
HORMEL FOODS CORP 1.7% 06/03/2028 USD SR LIEN	483,299	483,299
HSBC HOLDINGS PLC HYBRID 06/19/2029 USD SR LIEN CPN 06/19/18 4.583%	2,087,937	2,087,937
ING GROEP N.V. 4.05% 04/09/2029 USD SR LIEN	1,005,445	1,005,445
JOHNSON & JOHNSON 4.375% 12/05/2033 USD SR LIEN	3,886,926	3,886,926
JPMORGAN CHASE & CO. HYBRID 02/01/2028 USD SR LIEN CPN 02/01/17 3.782%	416,580	416,580
JPMORGAN CHASE & CO. HYBRID 10/15/2030 USD SR LIEN CPN 09/12/19 2.739%	2,768,273	2,768,273
KROGER CO 4.5% 01/15/2029 USD SR LIEN	1,610,151	1,610,151
LOCKHEED MARTIN CORPORATION 3.6% 03/01/2035 USD SR LIEN	1,532,425	1,532,425
LOCKHEED MARTIN CORPORATION 3.9% 06/15/2032 USD SR LIEN	1,497,576	1,497,576
MICROSOFT CORPORATION 2.4% 08/08/2026 USD SR LIEN	3,007	3,007
MICROSOFT CORPORATION 3.5% 02/12/2035 USD SR LIEN	2,186,649	2,186,649
MIDAMERICAN ENERGY CO 3.65% 04/15/2029 USD SR LIEN	29,894	29,894
MITSUBISHI UFJ FINANCIAL GROUP, INC. 3.961% 03/02/2028 USD SR LIEN	95,352	95,352
MITSUBISHI UFJ FINANCIAL GROUP, INC. HYBRID 10/13/2027 USD SR LIEN CPN 10/13	1,340,807	1,340,807
MIZUHO FINANCIAL GROUP, INC. HYBRID 05/25/2031 USD SR LIEN CPN 02/25/20 2.59	2,507,504	2,507,504
MORGAN STANLEY HYBRID MTN 01/24/2029 USD SR LIEN CPN 01/23/18 3.772%	2,937,233	2,937,233
MORGAN STANLEY MTN 4.35% 09/08/2026 USD SER F SUB LIEN	713,831	713,831
MULTI-MANAGER HIGH YIELD BOND FUND CLASS P	59,161,756	59,161,756
NEVADA POWER CO 3.7% 05/01/2029 USD SER CC SR LIEN	1,496,550	1,496,550
NXP B.V. 4.4% 06/01/2027 USD SR LIEN NXP FUNDING LLC / NXP USA INC	357,843	357,843
PAYPAL HOLDINGS, INC. 2.85% 10/01/2029 USD SR LIEN	2,615,824	2,615,824
PNC FINANCIAL SERVICES GROUP, INC., THE 2.55% 01/22/2030 USD SR LIEN	1,296,204	1,296,204
PUBLIC STORAGE 3.385% 05/01/2029 USD SR LIEN	985,887	985,887
RALPH LAUREN CORP 2.95% 06/15/2030 USD SR LIEN	3,162,464	3,162,464
ROYAL BANK OF SCOTLAND GROUP PUBLIC LIMITED COMPANY (THE) HYBRID 05/18/2029	311,960	311,960
SHELL FINANCE US INC. 4.125% 05/11/2035 USD SER * SR LIEN	185,802	185,802
SKYWORKS SOLUTIONS, INC. 3.0% 06/01/2031 USD SR LIEN	1,727,896	1,727,896
TARGET CORP 2.5% 04/15/2026 USD SR LIEN	5,007	5,007
TOTAL SYSTEM SERVICES IN 4.8% 04/01/2026 USD SR LIEN	1,182,254	1,182,254
TRUIST BANK 2.25% 03/11/2030 USD SER BKNT SUB LIEN	923,550	923,550
U.S. TREASURY BOND 4.750000% 02/15/2037 FA ON THE RUN	13,803,874	13,803,874
U.S. TREASURY NOTE 0.500000% 05/31/2027 MN ON THE RUN	1,748,470	1,748,470
U.S. TREASURY NOTE 0.625000% 08/15/2030 FA OFF THE RUN	5,619,689	5,619,689
U.S. TREASURY NOTE 1.375000% 11/15/2031 MN OFF THE RUN	7,777,365	7,777,365
U.S. TREASURY NOTE 1.625000% 08/15/2029 FA OFF THE RUN	277,349	277,349
U.S. TREASURY NOTE 1.750000% 11/15/2029 MN OFF THE RUN	11,515,761	11,515,761
U.S. TREASURY NOTE 1.750000% 12/31/2026 JD ON THE RUN	17,257,891	17,257,891
U.S. TREASURY NOTE 1.875000% 02/15/2032 FA OFF THE RUN	3,300,041	3,300,041
U.S. TREASURY NOTE 1.875000% 07/31/2026 JJ ON THE RUN	1,604,271	1,604,271
U.S. TREASURY NOTE 2.250000% 11/15/2027 MN OFF THE RUN	9,871,403	9,871,403
U.S. TREASURY NOTE 2.375000% 05/15/2029 MN OFF THE RUN	1,157,936	1,157,936
U.S. TREASURY NOTE 2.750000% 02/15/2028 FA OFF THE RUN	2,212,942	2,212,942
U.S. TREASURY NOTE 2.875000% 05/15/2028 MN OFF THE RUN	2,626,398	2,626,398
U.S. TREASURY NOTE 3.125000% 11/15/2028 MN OFF THE RUN	10,402,912	10,402,912
U.S. TREASURY NOTE 3.500000% 02/15/2033 FA OFF THE RUN	19,792,811	19,792,811
U.S. TREASURY NOTE 4.125000% 10/31/2026 AO ON THE RUN	1,040,499	1,040,499
U.S. TREASURY NOTE 4.250000% 11/30/2026 MN ON THE RUN	2,889,905	2,889,905
U.S. TREASURY NOTE 4.625000% 09/15/2026 MS ON THE RUN	4,598,987	4,598,987
UNION PACIFIC CORPORATION 2.891% 04/06/2036 USD SER WI SR LIEN	1,172,062	1,172,062
UNITEDHEALTH GROUP INCORPORATED 2.3% 05/15/2031 USD SR LIEN	4,358,287	4,358,287
WELLS FARGO & COMPANY MTN 4.15% 01/24/2029 USD SR LIEN	3,667,315	3,667,315

- TIN:

TY 2025 InvestmentsCorpStockSchedule

Name:

THE SUNDERLAND FOUNDATION

EIN:

44-6011082

Name of Stock	End of Year Book Value	End of Year Fair Market Value
A10 NETWORKS, INC. CMN	25,102	25,102
AAON INC NEW CMN	85,629	85,629
ABB LTD SPONSORED ADR CMN	290,549	290,549
ABM INDUSTRIES INC CMN	37,478	37,478
ACADEMY SPORTS & OUTDOORS INC CMN	49,138	49,138
ACCENTURE PLC CMN CLASS A	356,839	356,839
ADDUS HOMECARE CORPORATION	39,412	39,412
ADEIA INC.	67,879	67,879
ADVANCED MICRO DEVICES, INC. CMN	103,225	103,225
AERCAP HOLDINGS NV ORD	690,479	690,479
AGILENT TECHNOLOGIES, INC.	2,107,022	2,107,022
ALCOA CORPORATION	400,304	400,304
ALCON INC	48,862	48,862
ALPHABET INC. CLASS A	1,162,795	1,162,795
ALPHABET INC. CLASS C	680,005	680,005
AMAZON.COM INC	2,048,909	2,048,909
AMERICAN ELECTRIC POWER INC CMN	273,285	273,285
AMERICAN WATER WORKS CO, INC.	40,586	40,586
ANDERSEN GROUP INC CMN CLASS A	44,496	44,496
AON PUBLIC LIMITED COMPANY	374,406	374,406
APOLLO GLOBAL MANAGEMENT INC CMN CLASS A	332,079	332,079
APPLE INC. CMN	739,187	739,187
APPLIED INDUSTRIAL TECHNOLOGY INC	97,573	97,573
APPLIED MATERIALS INC CMN	294,511	294,511
ARCHROCK, INC.	43,375	43,375
ARROW ELECTRONICS INC.	39,444	39,444
ASML HLDG NV	511,393	511,393
ASSURED GUARANTY LTD.	98,767	98,767
ASTRAZENECA PLC	75,566	75,566
AUTODESK INC	46,178	46,178
AVNET INC.	48,272	48,272
AXCELIS TECHNOLOGIES, INC.	47,320	47,320
AXIS CAPITAL HOLDINGS LIMITED	77,959	77,959
AXOS FINANCIAL INC	40,581	40,581
AZZ INC.	34,083	34,083
BAYER AG-SPONSORED ADR SPONSORED ADR	472,878	472,878
BELDEN INC	54,569	54,569
BENCHMARK ELECTRONICS INC	35,718	35,718
BGC GROUP, INC.	59,974	59,974
BIO-TECHNE CORPORATION	141,850	141,850
BJ'S WHOLESALE CLUB HOLDINGS, INC. CMN	463,925	463,925
BLACKROCK ADVANTAGE SMALL CAP CORE FUND INSTITUTIONAL	6,384,124	6,384,124
BLUE OWL CAPITAL CORP MUTUAL FUND	33,779	33,779
BOYD GAMING CORPORATION	39,549	39,549
BRIGHT HORIZONS FAMILY SOL INC	191,950	191,950
BRIGHTSPRING HEALTH SERVICES, INC. CMN	41,307	41,307
BRINK'S COMPANY (THE)	82,645	82,645
BRISTOW GROUP INC CMN	23,217	23,217
BROADCOM INC. CMN	344,023	344,023
BRUKER CORPORATION	152,846	152,846
BWX TECHNOLOGIES, INC. CMN	40,099	40,099
BYD CO LTD	27,066	27,066
BYLINE BANCORP, INC.	41,830	41,830
CACTUS, INC. CLASS A	24,986	24,986
CADENCE BANK	48,246	48,246
CAPITAL ONE FINANCIAL CORP	749,377	749,377
CARGURUS, INC. CMN	67,649	67,649
CASEY'S GENERAL STORES,INC	102,347	102,347
CASEY'S GENERAL STORES,INC CMN	117,175	117,175
CATALYST PHARMACEUTICAL INC.	41,102	41,102
CAVA GROUP INC	7,923	7,923
CAVCO INDUSTRIES INC CMN	50,804	50,804
CCC INTELLIGENT SOLUTIONS HOLDINGS INC	225,017	225,017
CHENIERE ENERGY, INC. CMN	296,250	296,250
CHIPOTLE MEXICAN GRILL, INC.	31,450	31,450
CIRRUS LOGIC COMMON STOCK	33,417	33,417
CISCO SYSTEMS, INC. CMN	221,538	221,538
CLEARWATER ANALYTICS HOLDINGS, INC. CMN CLASS A	95,853	95,853
CME GROUP INC. CMN CLASS A	269,803	269,803
COCA-COLA CONSOLIDATED INC	36,485	36,485
COLUMBIA BANKING SYSTEM, INC.	47,962	47,962
COMCAST CORPORATION CLASS A VOTING	581,570	581,570
COMMERCIAL METALS CO	45,962	45,962
CONCENTRIX CORPORATION	32,765	32,765
CONFLUENT, INC. CMN CLASS A	137,441	137,441
CONOCOPHILLIPS	888,733	888,733
CONSTELLATION ENERGY CORP CMN	299,926	299,926
CORNING INCORPORATED CMN	44,218	44,218
COUSINS PROPERTIES INCORPORATED CMN	36,891	36,891
COVISTA INC CMN	54,736	54,736
CURTISS-WRIGHT CORP	118,523	118,523
CYTOKINETICS, INC.	66,209	66,209
DANAHER CORPORATION	692,305	692,305
DEERE & CO	18,157	18,157
DIGITALBRIDGE GROUP, INC.	62,045	62,045
DNOW INC CMN	19,835	19,835
DOUBLEVERIFY HOLDINGS INC. CMN	25,420	25,420
DYNATRACE HOLDINGS LLC	187,922	187,922
EAGLE MATERIALS INC. CMN	82,559	82,559
EAST WEST BANCORP	38,775	38,775
EASTGROUP PROPERTIES INC	83,196	83,196
EATON CORP PLC	49,369	49,369
ECOLAB INC.	69,568	69,568
ELEMENT SOLUTIONS INC	36,236	36,236
ELEVANCE HEALTH INC	244,684	244,684
ELI LILLY & CO CMN	542,713	542,713
EMCOR GROUP, INC. CMN	279,588	279,588
EMPLOYERS HOLDINGS, INC.	28,147	28,147
ENCOMPASS HEALTH CORPORATION	138,300	138,300
ENCONPASS HEALTH CORP EHC	41,395	41,395
ENERPAC TOOL GROUP CORP CMN	41,682	41,682
ENERSYS	80,272	80,272
ENPRO INC	86,020	86,020
ENTEGRIS, INC.	107,672	107,672
EPAM SYSTEMS, INC. CMN	32,986	32,986
ESSENT GROUP LTD.	78,012	78,012
ESSENTIAL PROPERTIES REALTY TRUST, INC. CMN	29,640	29,640
ESTABLISHMENT LABS HOLDINGS INC	217,474	217,474
ESTEE LAUDER COS INC CL-A CMN CLASS A	423,802	423,802
EURONET WORLDWIDE, INC. CMN	31,129	31,129
EVERTEC INC CMN	26,559	26,559
FEDERAL AGRICULTURAL MORTGAGE CORP CL-C	88,312	88,312
FIRST ADVANTAGE CORPORATION	52,206	52,206
FIRST AMERICAN FIN CORP	65,495	65,495
FIRST INDUSTRIAL REALTY TRUST, INC.	39,131	39,131
FIRST SOLAR INC	39,707	39,707
FIRSTCASH HLDGS INC	130,692	130,692
FREEPORT-MCMORAN INC CMN	414,904	414,904
FRONTDOOR, INC.	94,842	94,842
GE VERNOVA LLC	219,600	219,600
GENERAC HOLDINGS INC. CMN	24,001	24,001
GENERAC HOLDINGS INC. CMN	46,639	46,639
GIBRALTAR INDUSTRIES INC CMN	23,731	23,731
GILEAD SCIENCES INC GILD	17,797	17,797
GOLDMAN SACHS BANK USA DEPOSIT (BDA)	735,308	735,308
GOLUB CAPITAL BDC, INC. MUTUAL FUND	29,678	29,678
GRAND CANYON EDUCATION, INC.	76,336	76,336
GRANITE CONSTRUCTION INC.	91,345	91,345
GREEN BRICK PARTNERS, INC. CMN	29,576	29,576
GRIFFON CORPORATION	54,354	54,354
GROUP 1 AUTOMOTIVE, INC.	71,974	71,974
GUARDIAN PHARMACY SERVICES INC CMN CLASS A	58,465	58,465
GUIDEWIRE SOFTWARE INC	69,549	69,549
H.B. FULLER COMPANY	71,352	71,352
HA SUSTAINABLE INFRA REI HASI	23,573	23,573
HAEMONETICS CORPORATION	45,686	45,686
HALEON PLC F HLN	19,715	19,715
HALOZYME THERAPEUTICS, INC.	44,485	44,485
HANCOCK WHITNEY CORP	70,366	70,366
HARMONY BIOSCIENCES HOLDINGS, INC. CMN	31,433	31,433
HEALTHEQUITY, INC.	187,434	187,434
HERITAGE COMMERCE CORP	36,114	36,114
HILTON WORLDWIDE HOLDINGS INC.	237,843	237,843
HNI CORP CMN	38,677	38,677
HOME BANCSHARES, INC.	37,364	37,364
HOULIHAN LOKEY, INC.	37,277	37,277
HUMANA INC.	385,780	385,780
HURON CONSULTING GROUP INC.	75,216	75,216
IDEX CORPORATION COMMON STOCK	55,339	55,339
INFINEON TECHNOLOGIES F IFNNY	82,023	82,023
INGREDION INC CMN	48,404	48,404
INSTALLED BLDG PRODS INC	19,973	19,973
INTERCONTINENTAL EXCHANGE INC	42,919	42,919
INTERDIGITAL INC	60,492	60,492
INTL BUSINESS MACHINES CORP CMN	295,025	295,025
INTUIT INC	165,605	165,605
INTUITIVE SURGICAL, INC.	42,477	42,477
IONQ INC CMN	38,005	38,005
ISHARES MSCI EAFE INTERNATIONAL INDEX FUND CLASS G	25,245,444	25,245,444
ISHARES S&P 500 INDEX FUND CLASS G	228,755,944	228,755,944
JAMES HARDIE INDUSTRIES PUBLIC LIMITED COMPANY CMN	26,477	26,477
JANUS INTERNATIONAL GROUP, INC.	30,418	30,418
KADANT INCORPORATED	79,521	79,521
KBC GROUP NV	25,112	25,112
KBR, INC. CMN	46,500	46,500
KESTRA MEDICAL TECHNOLOGIES, LTD. CMN	61,473	61,473
KKR & CO. INC.	107,338	107,338
KLA CORP	204,133	204,133
KONTOOR BRANDS, INC. CMN	41,908	41,908
KORN FERRY CMN	35,977	35,977
LABCORP HOLDINGS INC CMN	476,421	476,421
LANDSTAR SYSTEM INC CMN	30,464	30,464
LATTICE SEMICONDUCTOR CORP	114,490	114,490
LAUREATE EDUCATION, INC. CLASS A	113,232	113,232
LCI INDUSTRIES CMN	42,469	42,469
LEAR CORPORATION CMN	37,360	37,360
LEGALZOOM COM INC CMN	44,447	44,447
LENNAR CORPORATION CMN CLASS A	532,401	532,401
LIBERTY BROADBAND CORPORATION CLASS C	172,724	172,724
LINDE PLC	43,492	43,492
LITTELFUSE, INC.	29,339	29,339
LIVERAMP HOLDINGS, INC.	50,458	50,458
LONDON STOCK EXCHANGE GROUP PLC ADR	1,146,615	1,146,615
LULULEMON ATHLETICA INC	19,950	19,950
MAGNITE, INC.	92,089	92,089
MARTIN MARIETTA MATERIALS,INC CMN	107,098	107,098
MARTIN MARIETTA MATERIALS,INC CMN	708,587	708,587
MASTEC, INC. CMN	222,370	222,370
MASTERBRAND INC CMN	34,058	34,058
MASTERCARD INC	114,747	114,747
MATSON, INC.	51,026	51,026
MAXIMUS INC CMN	55,849	55,849
MCCORMICK & CO INC	45,565	45,565
MERCADOLIBRE INC	425,008	425,008
META PLATFORMS INC-CLASS A CLASS A	360,409	360,409
METHANEX CORPORATION	51,279	51,279
MICROSOFT CORPORATION	2,050,549	2,050,549
MIRION TECHNOLOGIES INC	60,072	60,072
MISTER CAR WASH, INC.	97,611	97,611
MODINE MFG CO CMN	28,438	28,438
MSA SAFETY INC	91,600	91,600
MUELLER WATER PRODUCTS, INC. SERIES A	43,710	43,710
MULTI-MANAGER INTERNATIONAL EQUITY FUND P	42,892,327	42,892,327
MURPHY USA INC. CMN	41,966	41,966
NCR VOYIX CORP CMN CLASS A	28,876	28,876
NEUROCRINE BIOSCIENCES, INC.	42,833	42,833
NEXTPOWER INC NXT	35,367	35,367
NICOLET BANKSHARES INC CMN	41,849	41,849
NORTHEAST BANCORP, INC	43,547	43,547
NOVANTA INC. CMN	89,718	89,718
NRG ENERGY, INC. CMN	533,772	533,772
NVIDIA CORPORATION	1,655,934	1,655,934
OCEANEERING INTERNATIONAL, INC.	187,362	187,362
OGE ENERGY CORP (HOLDING CO) CMN	26,559	26,559
OLD SECOND BANCORP, INC. CMN	26,949	26,949
OMNICELL, INC. CMN	34,473	34,473
ONESTREAM INC CMN	79,438	79,438
OPENLANE INC CMN	122,574	122,574
OPTION CARE HEALTH, INC. CMN	54,066	54,066
ORMAT TECHNOLOGIES INC	25,298	25,298
ORTHOPEDIATRICS CORP	43,157	43,157
OSI SYSTEMS, INC.	38,514	38,514
PALO ALTO NETWORKS INC	78,285	78,285
PARSONS CORPORATION CMN	71,564	71,564
PEDIATRIX MEDICAL GROUP INC	32,106	32,106
PENNYMAC FINANCIAL SERVICS INC	61,174	61,174
PENNYMAC MORTGAGE INVESTMENT TRUST CMN	27,804	27,804
PHOTRONICS, INC. CMN	48,768	48,768
PHREESIA INC	14,873	14,873
PINNACLE FINANCIAL PARTNERS, INC. CMN	27,478	27,478
PNC FINANCIAL SERVICES GROUP	45,086	45,086
POWER INTEGRATIONS, INC.	38,277	38,277
PREFERRED BANK	66,668	66,668
PRICESMART, INC.	57,532	57,532
PRIMORIS SERVICES CORPORATION	105,090	105,090
PROSPERITY BANCSHARES, INC.	211,430	211,430
PTC INC. CMN	199,645	199,645
QORVO, INC. CMN	26,283	26,283
QUALCOMM INC CMN	58,328	58,328
QUANTA SERVICES INC CMN	531,374	531,374
RANGE RESOURCES CORPORATION CMN	44,428	44,428
REDWOOD TRUST INC	28,397	28,397
REGAL REXNORD CORP CMN	151,783	151,783
RENTOKIL INITIAL PLC ADR + SPONSORED ADR	51,143	51,143
RIGETTI COMPUTING INC CMN	23,457	23,457
ROCHE HLDG LTD	32,747	32,747
SAILPOINT INC CMN	21,059	21,059
SAP SE (SPON ADR)	501,123	501,123
SENSATA TECHNOLOGIES HOLDING PLC	61,353	61,353
SERVICENOW INC	72,765	72,765
SHELL PLC SPONSORED ADR	306,999	306,999
SHOPIFY INC	68,412	68,412
SI-BONE, INC.	69,730	69,730
SIEMENS A G	43,385	43,385
SIMPSON MANUFACTURING CO INC	80,251	80,251
SITEONE LANDSCAPE SUPPLY, INC.	58,294	58,294
SITIME CORP	105,957	105,957
SLB LTD CMN	38,179	38,179
SOUTH BOW CORPORATION WHEN ISSUE	51,996	51,996
SPROUTS FMRS MKT INC SFM	11,552	11,552
SPX TECHNOLOGIES INC	63,019	63,019
STAGWELL INC	28,206	28,206
STANDARDAERO INC	145,666	145,666
STARBUCKS CORP	18,189	18,189
STATE STREET EMERGING MARKETS EQUITY INDEX FUND K CLASS	7,229,952	7,229,952
STERLING INFRASTRUCTURE INC	34,298	34,298
STEVEN MADDEN LTD	36,352	36,352
STONEX GROUP INC.	79,624	79,624
SYNOPSYS, INC. CMN	237,209	237,209
TAIWAN SEMICONDUCTOR MFG ADS LTD ADS 1ADS EQUALS 5ORDS	1,092,509	1,092,509
TAKE TWO INTERACTIVE SOFTWARE INC	68,872	68,872
TAYLOR MORRISON HOME CORP.	46,978	46,978
THE HOME DEPOT, INC. CMN	115,274	115,274
THE WILLIAMS COMPANIES, INC. CMN	81,990	81,990
TIDEWATER INC. CMN	36,064	36,064
TOPBUILD CORP.	30,038	30,038
TRANE TECNOLOGIES PLC F	33,471	33,471
TRAVELERS COMPANIES INC	43,509	43,509
TRUIST FINANCIAL CORPORATION CMN	531,074	531,074
U S DOLLAR	12,453	12,453
UNILEVER PLC	65,073	65,073
UNION PACIFIC CORP.	35,854	35,854
UNITED PARCEL SERVICE, INC. CLASS B COMMON STOCK	592,660	592,660
UNITED RENTALS INC URI	20,233	20,233
UNITEDHEALTH GROUP INCORPORATED	905,162	905,162
UNIVERSAL CORPORATION	104,752	104,752
UPWORK, INC. CMN	66,060	66,060
URBAN OUTFITTERS INC CMN	40,941	40,941
VALMONT INDUSTRIES INC	130,169	130,169
VALVOLINE INC. CMN	31,879	31,879
VAXCYTE INC	37,743	37,743
VERISK ANALYTICS, INC.	48,764	48,764
VERTEX PHARMACEUTICALS INCORPORATED CMN	383,996	383,996
VERTEX, INC. CMN	73,949	73,949
VIPER ENERGY INC	62,928	62,928
VISA INC. CLASS A	520,454	520,454
VISTEON CORPORATION CMN	31,478	31,478
VITAL FARMS INC	15,012	15,012
VONTIER CORPORATION CMN	31,566	31,566
VOYA FINANCIAL INC	93,857	93,857
VULCAN MATERIALS CO CMN	98,116	98,116
WABTEC	30,950	30,950
WEATHERFORD INTERNATIONAL PUBLIC LIMITED COMPANY	32,713	32,713
WEX INC.	30,094	30,094
WHITE MOUNTAINS INSURANCE GROUP, LTD.	78,965	78,965
WINTRUST FINANCIAL CORPORATION	63,199	63,199
WOODWARD INC	680,220	680,220
WORKDAY, INC. CMN CLASS A	793,827	793,827
WORLD KINECT CORP	53,333	53,333
WSFS FINANCIAL CORP CMN	39,110	39,110
WYNDHAM HOTELS & RESORTS, INC. CMN	28,864	28,864
XYLEM INC.	37,313	37,313
ZURN ELKAY WATER SOLUTIONS CORP	88,052	88,052

- TIN:

TY 2025 InvestmentsOtherSchedule2

Name:

THE SUNDERLAND FOUNDATION

EIN:

44-6011082

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
E&F PRIVATE EQUITY MANAGERS (2022) OFFSHORE LP	FMV	13,973,381	13,973,381
GOLDMAN SACHS REAL ESTATE INCOME TRUST	FMV	24,005,456	24,005,456
GS TACTICAL TILT OVERLAY FUND CLASS P	FMV	34,479,639	34,479,639
PRIVATE CREDIT MANAGERS II OFFSHORE LP	FMV	5,406,294	5,406,294
PRIVATE CREDIT MANAGERS III OFFSHORE LP	FMV	9,456,717	9,456,717
PRIVATE CREDIT MANAGERS IV OFFSHORE LP	FMV	13,510,377	13,510,377
PRIVATE EQUITY MANAGERS (2018) OFFSHORE SCSP	FMV	26,628,555	26,628,555
PRIVATE EQUITY MANAGERS (2019) OFFSHORE SCSP	FMV	29,553,049	29,553,049
PRIVATE EQUITY MANAGERS (2020) OFFSHORE LP	FMV	20,091,703	20,091,703
PRIVATE EQUITY MANAGERS (2021) OFFSHORE SCSP	FMV	19,872,440	19,872,440
PRIVATE EQUITY MANAGERS (IMPRINT) OFFSHORE SCSP	FMV	3,861,991	3,861,991
U.S. REAL PROPERTY INCOME FUND, L.P.	FMV	1,779,098	1,779,098
VINTAGE VIII OFFSHORE SCSP	FMV	39,393,145	39,393,145
WEST STREET STRATEGIC SOLUTIONS OFFSHORE FEEDER FUND I, LLC	FMV	3,451,606	3,451,606

- TIN:

TY 2025 LegalFeesSchedule

Name:

THE SUNDERLAND FOUNDATION

EIN:

44-6011082

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	137,872	68,936		68,936

- TIN:

TY 2025 OtherAssetsSchedule

Name:

THE SUNDERLAND FOUNDATION

EIN:

44-6011082

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
LYKINS NEIGHBORHOOD TRUST	1,000,000	1,000,000	1,000,000
EQUITY2 IMPACT FUND	1,000,000	1,076,813	1,076,813
ALTCAP	500,000	500,000	500,000

- TIN:

TY 2025 OtherExpensesSchedule

Name:

THE SUNDERLAND FOUNDATION

EIN:

44-6011082

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
GENERAL EXPENSES	3,809	1,333		2,476

- TIN:

TY 2025 OtherIncomeSchedule2

Name:

THE SUNDERLAND FOUNDATION

EIN:

44-6011082

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
LYKINS NT HOLDINGS		-106,532
OTHER INVESTMENT INCOME	37,179	37,179	37,179
RETURNED DONATION	200,000		200,000

- TIN:

TY 2025 OtherIncreasesSchedule

Name:

THE SUNDERLAND FOUNDATION

EIN:

44-6011082

Description	Amount
UNREALIZED GAIN/LOSS	64,520,366

- TIN:

TY 2025 OtherProfessionalFeesSchedule

Name:

THE SUNDERLAND FOUNDATION

EIN:

44-6011082

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MANAGEMENT FEES	1,067,255	1,247,410		0

- TIN:

TY 2025 TaxesSchedule

Name:

THE SUNDERLAND FOUNDATION

EIN:

44-6011082

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
PAYROLL TAXES	24,502	9,801	14,701
FOREIGN TAXES PAID	0	145,595	0
EXCISE TAXES	885,000	0	0