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
QUAIL ROOST FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address) 290 KING OF PRUSSIA RD BLDG 2 306
Room/suite

City or town
RADNOR

State or province
PA

Country

ZIP or foreign postal code
19087

A Employer identification number

76-0754268

B Telephone number (see instructions)

5057584674

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)$4,503,700J 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	820		820
4	Dividends and interest from securities...	82,672		82,672
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		617,165
b	Gross sales price for all assets on line 6a 3,587,145
7	Capital gain net income (from Part IV, line 2)...			617,165
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	2,000	0
12	Total. Add lines 1 through 11........	702,657		700,657
13	Compensation of officers, directors, trustees, etc.	0		0	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)....	List of Attached Documents: // Content	73,478	36,758	36,720
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	5,629	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	5,805		0	5,805
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	7,729	1,572	6,157
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	92,641		38,330	48,682
25	Contributions, gifts, grants paid.......	225,000			213,000
26	Total expenses and disbursements. Add lines 24 and 25 ................	317,641		38,330	261,682
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	385,016
b	Net investment income (if negative, enter -0-)			662,327
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.............	70,819	23,941	23,941
	2	Savings and temporary cash investments.........		52,197	52,197
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	435,898	List of Attached Documents: // Content 790,120	804,399
	b	Investments—corporate stock (attach schedule).......	730,745	List of Attached Documents: // Content 2,075,923	2,927,379
	c	Investments—corporate bonds (attach schedule).......	359,634	List of Attached Documents: // Content 540,225	546,555
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,650,896	List of Attached Documents: // Content 150,763	149,229
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 161	List of Attached Documents: // Content 0	List of Attached Documents: // Content 0
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,248,153	3,633,169	4,503,700
	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...........	3,248,153	3,633,169
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	3,248,153	3,633,169
	30	Total liabilities and net assets/fund balances (see instructions).	3,248,153	3,633,169

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

3,248,153

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

385,016

Other increases not included in line 2 (itemize)

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

3,633,169

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) ..

3,633,169

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		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,587,145	2,969,980	617,165
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			617,165
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	617,165
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	9,206
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	9,206
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	9,206
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	3,040
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	3,040
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	72
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	6,238
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2026 estimated tax	Refunded	11
	For Refunded amount, also complete and attach Form 8050. See instructions.

Form 990-PF (2025)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. $ 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)

NM, PA

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

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

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

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

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

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

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

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

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

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website addressQUAILROOSTFOUNDATION.ORG

The books are in care ofPEMBROKE PHILANTHROPY ADVISORS Telephone no. (610) 896-3868

Located at290 KING OF PRUSSIA ROAD BUILDING 2SUITE 306RADNORPA ZIP+419087

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)

Yes

(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)

(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	(e) Expense account, other allowances
H'KRIH SHELHAMER	CHAIR 0.50	0	0	0
290 KING OF PRUSSIA RD BLDG 2 STE 306 RADNOR,PA19087	CHAIR 0.50	0	0	0
KIM SCHUMM	VICE CHAIR 0.50	0	0	0
290 KING OF PRUSSIA RD BLDG 2 STE 306 RADNOR,PA19087	VICE CHAIR 0.50	0	0	0
FRED DOERR	TREASURER ENDED MAY 2025 0.50	0	0	0
290 KING OF PRUSSIA RD BLDG 2 STE 306 RADNOR,PA19087	TREASURER ENDED MAY 2025 0.50	0	0	0
ERIC SNYDER	TREASURER AS OF OCTOBER 2025 0.50	0	0	0
290 KING OF PRUSSIA RD BLDG 2 STE 306 RADNOR,PA19087	TREASURER AS OF OCTOBER 2025 0.50	0	0	0
DR MEHDI SHELHAMER	SECRETARY AS OF OCTOBER 2025 0.50	0	0	0
290 KING OF PRUSSIA RD BLDG 2 STE 306 RADNOR,PA19087	SECRETARY AS OF OCTOBER 2025 0.50	0	0	0
AIMEE SCHUMM	SECRETARY ENDED OCTOBER 2025 0.50	0	0	0
290 KING OF PRUSSIA RD BLDG 2 STE 306 RADNOR,PA19087	SECRETARY ENDED OCTOBER 2025 0.50	0	0	0
BRIAN LINDSEY	TRUSTEE AS OF JUNE 2025 0.50	0	0	0
290 KING OF PRUSSIA RD BLDG 2 STE 306 RADNOR,PA19087	TRUSTEE AS OF JUNE 2025 0.50	0	0	0
SANJAY POOVADAN	TRUSTEE 0.50	0	0	0
290 KING OF PRUSSIA RD BLDG 2 STE 306 RADNOR,PA19087	TRUSTEE 0.50	0	0	0
ABBY RUSCETTA	TRUSTEE 0.50	0	0	0
290 KING OF PRUSSIA RD BLDG 2 STE 306 RADNOR,PA19087	TRUSTEE 0.50	0	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
NONE









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
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


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

4,271,936

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

94,700

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

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

4,366,636

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

4,366,636

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

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

65,500

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

4,301,136

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

215,057

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

215,057

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

9,206

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

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

9,206

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

205,851

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

2,000

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

207,851

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

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

207,851

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) ..........

261,682

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. .......

261,682

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					207,851
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......	78,841
b From 2021......
c From 2022......	46,811
d From 2023......	58,527
e From 2024......	49,567
f Total of lines 3a through e ........		233,746
4Qualifying distributions for 2025 from Part
XI, line 4: $ 261,682
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.....					207,851
e Remaining amount distributed out of corpus		53,831
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		287,577
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) ...		78,841
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......		208,736
10 Analysis of line 9:
a Excess from 2021 ....
b Excess from 2022 ....	46,811
c Excess from 2023 ....	58,527
d Excess from 2024 ....	49,567
e Excess from 2025 ....	53,831

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 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)

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
ALL SQUARE 4047 MINNEHAHA AVE MINNEAPOLIS,MN55406	N/A		GENERAL OPERATING SUPPORT	2,000
ALWAYS LOVING MANKIND FOOD PANTRY INCORPORATED PO BOX 1190 ANGEL FIRE,NM87710	N/A		GENERAL OPERATING SUPPORT	2,500
BURMA HUMANITARIAN MISSION 5344 S 1300 E SALT LAKE CITY,UT84117	N/A		BACKPACK HEALTHWORKER TEAMS MEDICINE & SUPPLIES	6,000
CAMBODIA CORPSINC 411 W WASHINGTON AVE ALPENA,MI49707	N/A		SECONDARY SCHOOL SUPPORT FOR ETHNIC MINORITY MONTAGNARD FEMALES	5,000
CARE AND SHARE FOOD BANK FOR SOUTHERN COLORADO 2605 PREAMBLE PT COLORADO SPRINGS,CO80915	N/A		GENERAL OPERATING SUPPORT	2,500
CIMARRON PUBLIC SCHOOLS PO BOX 312 EAGLE NEST,NM87718	N/A		GENERAL OPERATING SUPPORT FOR EAGLE NEST SCHOOL BARNS EQUINE PROGRAM	5,000
CONCRETE COUCH 702 E BOULDER COLORADO SPRINGS,CO80903	N/A		GENERAL OPERATING SUPPORT	5,000
DORCAS CIRCLE 911 MAIN ST WALSENBURG,CO81089	N/A		GENERAL OPERATING SUPPORT	7,500
EL PUEBLITO UNITED METHODIST CHURCH PO BOX 1302 EL PRADO,NM87529	N/A		SHARED TABLE FOOD PANTRY	7,500
EMBUDO VALLEY LIBRARY AND COMMUNITY CENTER PO BOX 310 DIXON,NM87527	N/A		GENERAL OPERATING SUPPORT	5,000
ENFOQUE IXCAN 5784 SE LEXINGTON DR HILLSBORO,OR97123	N/A		ENFOQUE IXCAN GENERAL OPERATING SUPPORT	5,000
EQUINE SPIRIT SANCTUARY 13 LOS CABALLOS ROAD RANCHOS DE TAOS,NM87557	N/A		GENERAL OPERATING SUPPORT	5,000
EVERYLIBRARY INSTITUTE NFP 6433 FAIRFIELD AVE BERWYN,IL60402	N/A		GENERAL OPERATING SUPPORT	10,000
GARDNER VALLEY SCHOOL PO BOX 181 GARDNER,CO81040	N/A		GARDEN & GREENHOUSE	6,000
HOUSING RESOURCES BAINBRIDGE 730 ERICKSEN AVE NE 100 BAINBRIDGE ISLAND,WA98110	N/A		GENERAL OPERATING SUPPORT	2,000
HUERFANO COUNTY YOUTH SERVICES DBA SANGRE DE CRISTO CENTER FOR YOUTH 513 MAIN STREET WALSENBURG,CO81089	N/A		GENERAL OPERATING SUPPORT	22,000
JEFFCO SCHOOLS FOUNDATION 1829 DENVER WEST DRIVE BLDG 27 GOLDEN,CO80401	N/A		GENERAL OPERATING SUPPORT	5,000
KATERI TEKAKWITHA MISSION FUND PO BOX 906 PACIFICA,CA94044	N/A		GENERAL OPERATING SUPPORT	6,000
LA CLINICA INC PO BOX 64 GARDNER,CO81040	N/A		INSURANCE	3,000
LA CLINICA INC PO BOX 64 GARDNER,CO81040	N/A		GENERAL OPERATING SUPPORT	7,000
LA PUENTE HOME INC PO BOX 1235 ALAMOSA,CO81101	N/A		GENERAL OPERATING SUPPORT	2,500
LETTERS CHARITY 2717 WEST GIDDINGS STREET CHICAGO,IL60625	N/A		ALTADENA CA FIRE RELIEF	10,000
LINCOLN HILLS CARES 2530 N WASHINGTON STREET SUITE 100 DENVER,CO80205	N/A		GENERAL OPERATING SUPPORT	4,000
MISFIT CREW SANCTUARY INC 5775 MOUNTAIN SHADOW VIEW COLORADO SPRINGS,CO80908	N/A		GENERAL OPERATING SUPPORT	2,000
NEW MEXICO IMMIGRANT LAW CENTER PO BOX 7040 ALBUQUERQUE,NM87194	N/A		GENERAL OPERATING SUPPORT	7,000
NONVIOLENCE WORKS INC PO BOX 2238 TAOS,NM87571	N/A		NURTURING CENTER	7,000
POSITIVE TOMORROWS INC PO BOX 61190 OKLAHOMA CITY,OK73146	N/A		GENERAL OPERATING SUPPORT	1,500
REGIONAL FOOD BANK OF OKLAHOMA 3355 S PURDUE OKLAHOMA CITY,OK73179	N/A		GENERAL OPERATING SUPPORT	2,500
SHUARHANDS INC USE PO BOX 1411 CAMPO,CA91906	N/A		GENERAL OPERATING SUPPORT	10,500
ST JAMES EPISCOPAL CHURCH DBA ST JAMES FOOD PANTRY 208 CAMINO DE SANTIAGO TAOS,NM87571	N/A		GENERAL OPERATING SUPPORT	5,000
STIRRUPS 'N STRIDES THERAPEUTIC RIDING CENTER INC 4246 W HWY 318 CITRA,FL32113	N/A		GENERAL OPERATING SUPPORT	2,000
TALPA COMMUNITY CENTER ASSOCIATION INC 4 ARCHULETA RD RANCHOS DE TAOS,NM87557	N/A		GENERAL OPERATING SUPPORT	5,000
THE DANIELS HAMANT FOUNDATION 4942 SEVILLA SHORES DRIVE WIMAUMA,FL33598	N/A		CENTRO MEDICO SUSAN HOU SUPPORT OF WOMEN'S HEALTH INITIATIVE	6,000
THE SAMBURU PROJECT INC 8800 VENICE BLVD SUITE208 LOS ANGELES,CA90034	N/A		GENERAL OPERATING SUPPORT	3,000
UNIVERSITY OF NEW MEXICO FOUNDATION INCORPORATED 700 LOMAS BLVD NE SUITE 108 ALBUQUERQUE,NM87102	N/A		UNM-TAOS MIJA AND INDIGENOUS PROGRAMS	20,000
WE FORTIFY 1816 WOOD AVE COLORADO SPRINGS,CO80907	N/A		ELEVATE VILLAGES	5,000
WE FORTIFY 1816 WOOD AVE COLORADO SPRINGS,CO80907	N/A		WORKING FUSION	3,000
WINDHORSE SANCTUARY 597 NE RIDGE LOOP MADISON,FL32340	N/A		GENERAL OPERATING SUPPORT	6,000
WINGS GUATEMALA PO BOX 561678 DENVER,CO80256	N/A		GENERAL OPERATING SUPPORT	2,000
WORLD CENTRAL KITCHEN INCORPORATED PO BOX 96538 WASHINGTON,DC20090	N/A		GENERAL OPERATING SUPPORT	2,000
Total ................................. 3a				225,000

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2025)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	820
4 Dividends and interest from securities ....			14	82,672
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	617,165
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aGRANT REFUND			01	2,000
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		702,657	0

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

702,657

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2025)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2025)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

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

TY 2025 ExpenditureResponsibilityStmt

Name:

QUAIL ROOST FOUNDATION

EIN:

76-0754268

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
THE DANIELS HAMANT FOUNDATION	4942 SEVILLA SHORES DRIVE WIMAUMA,FL33598	2025-07-16	6,000	CENTRO MEDICO SUSAN HOU SUPPORT OF WOMEN'S HEALTH INITIATIVE	6,000	NO	2/8/25
WINDHORSE SANCTUARY	597 NE RIDGE LOOP MADISON,FL32340	2025-07-16	6,000	GENERAL OPERATING SUPPORT	6,000	NO	2/15/25

- TIN:

TY 2025 InvestmentsCorpBondsSchedule

Name:

QUAIL ROOST FOUNDATION

EIN:

76-0754268

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC 14,000 QTY	13,652	13,559
AIR LEASE CORP 4,000 QTY	3,912	3,940
ALEXANDRIA REAL ESTATE 6,000 QTY	6,080	6,079
AMERICAN EXPRESS VAR 12,000 QTY	12,195	12,192
AMERICAN HONDA FI 13,000 QTY	13,122	13,142
AMERICAN TOWER 10,000 QTY	9,830	9,885
AMGEN INC 10,000 QTY	9,855	9,810
AON CORP 6,000 QTY	5,426	5,657
ASTRAZENECA FIN 5,000 QTY	4,993	5,105
AT&T INC 10,000 QTY	9,551	10,004
BANK OF AMERICA VAR 19,000 QTY	19,090	19,379
BANK OF MONTREAL 13,000 QTY	12,964	13,167
BANK OF NEW YORK MELLON VAR 13,000 QTY	13,161	13,338
BLACKROCK FDG INC 7,000 QTY	7,026	7,224
BROADCOM INC 5,000 QTY	5,145	5,148
CANADIAN IMPER 13,000 QTY	13,056	13,033
CANADIAN PACIFI 5,000 QTY	4,736	4,903
CARRIER GLOBAL 4,000 QTY	3,742	3,759
CITIGROUP INC VAR 19,000 QTY	18,929	18,952
CITIZENS FINL GROUP VAR 13,000 QTY	13,346	13,646
CNH INDUSTRIAL CAPITAL 4,000 QTY	4,094	4,129
COMCAST CORP 10,000 QTY	10,336	9,942
CVS HEALTH CORP 13,000 QTY	13,404	13,445
ELEVANCE HEALTH 14,000 QTY	13,965	13,927
FIFTH THIRD BANCO VAR 10,000 QTY	10,050	10,397
GENERAL MILLS INC 5,000 QTY	5,122	5,012
HOME DEPOT INC 20,000 QTY	19,001	19,340
JOHN DEERE CAPITAL 19,000 QTY	19,546	19,611
JPMORGAN CHASE & CO VAR 21,000 QTY	18,554	19,216
LOWE'S COMPANIES 13,000 QTY	12,962	13,157
MEDTRONIC GLOBAL 13,000 QTY	13,003	13,076
MERCK & CO INC 22,000 QTY	19,272	19,549
MORGAN STANLEY VAR 5,000 QTY	4,705	4,953
NORTHERN TRUST 7,000 QTY	7,312	7,625
PNC FINL SVCS GROUP VAR 10,000 QTY	9,672	10,231
PROLOGIS LP 7,000 QTY	6,978	7,129
REALTY INCOME CO 5,000 QTY	5,032	5,129
ROYAL BANK OF CANADA 12,000 QTY	12,202	12,211
SIMON PROPERTY GROUP 14,000 QTY	12,257	12,664
STATE STREET CORP VAR 13,000 QTY	13,094	13,098
STRYKER CORP 90,00 QTY	9,205	9,228
THE BANK OF NOVA 12,000 QTY	12,243	12,245
THERMO FISHER SCI 12,000 QTY	12,182	12,208
TRUIST FINL CORP VAR 13,000 QTY	12,928	13,000
UNITEDHEALTH GROU 5,000 QTY	4,990	5,043
VERIZON COMMUNICATIONS 14,000 QTY	14,124	14,105
WALT DISNEY CO 14,000 QTY	12,706	13,083
WASTE MANAGEMENT INC 7,000 QTY	7,000	7,174
WELLTOWER INC 7,000 QTY	6,410	6,483
WILLIS NORTH AMERICA 5,000 QTY	5,060	5,155
ZOETIS INC 13,000 QTY	13,005	13,068

- TIN:

TY 2025 InvestmentsCorpStockSchedule

Name:

QUAIL ROOST FOUNDATION

EIN:

76-0754268

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ACCENTURE PLC IRELAND F (ACN) 42 QTY	11,275	11,269
ACCIONA SA ORDF (ACXIF) 64 QTY	13,453	13,974
AGILENT TECHNOLOGIES INC (A) 77 QTY	11,329	10,477
ALLIANZ SE F (ALIZY) 461 QTY	20,125	21,206
ALPHABET INC (GOOGL) 763 QTY	88,509	238,819
AMALGAMATED FINL CORP (AMAL) 742 QTY	13,241	23,766
AMAZON.COM INC (AMZN) 367 QTY	39,635	84,711
AMERICAN EXPRESS CO (AXP) 55 QTY	11,246	20,347
AMGEN INC (AMGN) 66 QTY	15,470	21,602
AMPHENOL CORP NEW (APH) 177 QTY	11,410	23,920
APPLE INC (AAPL) 875 QTY	99,150	237,878
APPLIED MATLS INC (AMAT) 79 QTY	10,889	20,302
BANK NEW YORK MELLON COR (BK) 176 QTY	16,417	20,432
BEST BUY INC (BBY) 157 QTY	12,331	10,508
BOOKING HLDGS INC (BKNG) 2 QTY	8,898	10,711
BORGWARNER INC (BWA) 260 QTY	11,167	11,716
BROADCOM INC (AVGO) 223 QTY	44,426	77,180
BROOKFIELD RENEWABLE F (BEPC) 810 QTY	24,986	31,055
BT GROUP PLC ORDF (BTGOF) 4,997 QTY	14,766	12,392
CADENCE DESIGN SYS INC (CDNS) 30 QTY	10,588	9,377
CALIFORNIA WTR SVC GROUP (CWT) 211 QTY	10,034	9,143
CANON INC F (CAJPY) 232 QTY	7,057	6,856
CARDINAL HEALTH INC (CAH) 76 QTY	6,437	15,618
CBRE GROUP INC (CBRE) 75 QTY	11,266	12,059
CENCORA INC (COR) 36 QTY	9,699	12,159
CHARLES SCHWAB CORP (SCHW) 142 QTY	12,449	14,187
CISCO SYS INC (CSCO) 451 QTY	28,140	34,741
CITIGROUP INC (C) 128 QTY	11,047	14,936
COGNIZANT TECHNOLOGY SOL (CTSH) 228 QTY	16,356	18,924
COSTCO WHSL CORP NEW (COST) 27 QTY	7,965	23,283
CSX CORP (CSX) 203 QTY	7,509	7,359
CVS HEALTH CORP (CVS) 160 QTY	11,480	12,698
DELL TECHNOLOGIES INC (DELL) 73 QTY	11,141	9,189
DEXUS ORDF (DEXSF) 1,445 QTY	7,112	6,684
DHL GROUP ADR F (DHLGY) 214 QTY	10,030	11,704
DISNEY WALT CO (DIS) 96 QTY	10,941	10,922
DONALDSON INC (DCI) 230 QTY	19,936	20,392
EBAY INC (EBAY) 36 QTY	3,575	3,136
ELI LILLY AND CO (LLY) 35 QTY	25,012	37,614
EXPEDITORS INTL WASH INC (EXPD) 183 QTY	18,529	27,269
FASTENAL CO (FAST) 405 QTY	20,379	16,253
FIFTH THIRD BANCORP (FITB) 213 QTY	9,477	9,971
GAP INC (GAP) 461 QTY	9,935	11,802
GSK PLC ADR F (GSK) 938 QTY	34,381	46,000
HENKEL AG & CO KGAA F (HENKY) 161 QTY	3,177	3,080
HENNES & MAURITZ AB F (HNNMY) 3,703 QTY	12,369	14,775
HOME DEPOT INC (HD) 151 QTY	40,620	51,959
HUBBELL INC (HUBB) 40 QTY	18,512	17,764
IBM CORP (IBM) 86 QTY	18,142	25,474
ILLINOIS TOOL WKS INC (ITW) 95 QTY	24,999	23,399
INTEL CORP (INTC) 378 QTY	14,657	13,948
INTERFACE INC (TILE) 258 QTY	7,004	7,203
JABIL INC (JBL) 126 QTY	16,549	17,786
JOHNSON CONTROLS INTL F (JCI) 69 QTY	7,424	8,263
JOHNSON MATTHEY PL ORDF (JMPLF) 165 QTY	4,479	4,740
JPMORGAN CHASE & CO (JPM) 244 QTY	39,368	78,622
KONTOOR BRANDS INC (KTB) 103 QTY	7,000	6,292
KROGER CO (KR) 636 QTY	31,734	39,737
LEAR CORP (LEA) 349 QTY	36,628	39,995
LINCOLN ELEC HLDGS INC (LECO) 50 QTY	10,452	11,982
LOWES COS INC (LOW) 86 QTY	18,328	20,740
MANULIFE FINL CORP F (MFC) 1,203 QTY	38,521	43,645
MASTERCARD INC (MA) 47 QTY	12,895	26,831
MCKESSON CORP (MCK) 42 QTY	29,928	34,452
METLIFE INC (MET) 553 QTY	45,088	43,654
METRO INC F (MTRAF) 163 QTY	11,275	11,733
MICRON TECHNOLOGY INC (MU) 61 QTY	14,861	17,410
MICROSOFT CORP (MSFT) 418 QTY	113,786	202,153
MSC INDL DIRECT INC (MSM) 479 QTY	42,945	40,284
NETFLIX INC (NFLX) 290 QTY	22,479	27,190
NORTHERN TR CORP (NTRS) 60 QTY	6,503	8,195
NOVARTIS AG (NVS) 194 QTY	22,733	26,747
NUCOR CORP (NUE) 83 QTY	7,295	13,538
NVIDIA CORP (NVDA) 1,215 QTY	124,729	226,598
ORACLE CORP (ORCL) 76 QTY	8,128	14,813
PACCAR INC (PCAR) 128 QTY	12,864	14,017
PALO ALTO NETWORKS INC (PANW) 63 QTY	11,689	11,605
PANASONIC HLDGS CORP F (PCRHY) 1,244 QTY	13,119	16,097
PENTAIR PLC F (PNR) 105 QTY	11,356	10,935
PROCTER & GAMBLE CO (PG) 63 QTY	6,958	9,029
QUALCOMM INC (QCOM) 71 QTY	12,846	12,145
QUEST DIAGNOSTICS INC (DGX) 106 QTY	19,330	18,394
REGENERON PHARMACEUTICAL (REGN) 5 QTY	3,752	3,859
RELIANCE INC (RS) 49 QTY	13,633	14,155
SANOFI (SNY) 556 QTY	27,310	26,944
SEALED AIR CORP NEW (SEE) 208 QTY	7,077	8,617
SERVICENOW INC (NOW) 60 QTY	10,663	9,191
SPROUTS FMRS MKT INC (SFM) 114 QTY	8,962	9,082
STANDARD BK GROUP LTD F (SGBLY) 247 QTY	3,637	4,362
STANDARD CHARTERED PLC F (SCBFY) 175 QTY	6,783	8,656
STATE STR CORP (STT) 241 QTY	27,712	31,091
SYSCO CORP (SYY) 132 QTY	9,771	9,727
TAKEDA PHARMACEUTICAL F (TAK) 695 QTY	10,745	10,835
THERMO FISHER SCIENTIFIC (TMO) 56 QTY	22,610	32,449
TJX COS INC NEW (TJX) 193 QTY	21,830	29,647
TRANE TECHNOLOGIES PLC F (TT) 25 QTY	10,737	9,730
TRAVELERS COS INC (TRV) 131 QTY	30,363	37,998
UMICORE GROUP F (UMICY) 1,778 QTY	7,140	9,268
UNILEVER PLC F (UL) 159 QTY	10,699	10,399
UNITED NAT FOODS INC (UNFI) 221 QTY	6,985	7,441
UNITED THERAPEUTICS CORP (UTHR) 7 QTY	3,408	3,411
VALMONT INDS INC (VMI) 56 QTY	20,158	22,530
VERIZON COMMUNICATIONS I (VZ) 392 QTY	16,596	15,966
VESTAS WIND SYS A/S F (VWDRY) 628 QTY	5,577	5,632
VISA INC (V) 100 QTY	29,320	35,071
VOYA FINL INC (VOYA) 158 QTY	11,339	11,769
WASTE MGMT INC DEL (WM) 151 QTY	31,618	33,176
WILLIAMS SONOMA INC (WSM) 37 QTY	7,530	6,608

- TIN:

TY 2025 InvestmentsGovtObligationsSch

Name:

QUAIL ROOST FOUNDATION

EIN:

76-0754268

US Government Securities - End of Year Book Value:

552,557

US Government Securities - End of Year Fair Market Value:

564,630

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

237,563

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

239,769

- TIN:

TY 2025 InvestmentsOtherSchedule2

Name:

QUAIL ROOST FOUNDATION

EIN:

76-0754268

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
HEALTHPEAK PPTYS INC (DOC) 170 QTY	AT COST	3,022	2,734
IQTY 0-3 MONTH (SGOV) 1,288 QTY	AT COST	129,423	129,289
VORNADO RLTY TR (VNO) 517 QTY	AT COST	18,318	17,206

- TIN:

TY 2025 OtherAssetsSchedule

Name:

QUAIL ROOST FOUNDATION

EIN:

76-0754268

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ACCRUED INTEREST PAID	98	0	0
INVESTMENT INTEREST RECEIVABLE	63	0	0

- TIN:

TY 2025 OtherExpensesSchedule

Name:

QUAIL ROOST FOUNDATION

EIN:

76-0754268

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
ADR FEES	1,572	1,572	0
BANK FEES	82	0	82
GRANTS DATABASE	1,500	0	1,500
WEBSITE	1,120	0	1,120
INSURANCE	675	0	675
DUES AND SUBSCRIPTIONS	1,018	0	1,018
FILING FEE	260	0	260
OFFICE SUPPLIES	1,502	0	1,502

- TIN:

TY 2025 OtherIncomeSchedule2

Name:

QUAIL ROOST FOUNDATION

EIN:

76-0754268

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
GRANT REFUND	2,000		2,000

- TIN:

TY 2025 OtherProfessionalFeesSchedule

Name:

QUAIL ROOST FOUNDATION

EIN:

76-0754268

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT AND ADVISORY	36,758	36,758		0
ADMINISTRATIVE CONSULTANTS	36,720	0		36,720

- TIN:

TY 2025 TaxesSchedule

Name:

QUAIL ROOST FOUNDATION

EIN:

76-0754268

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	5,629	0		0