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
RIVER BRANCH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 830 A1A NORTH STE 13-132
  Room/suite
City or town
PONTE VEDRA
State or province
FL
Country  
ZIP or foreign postal code
32082
A Employer identification number

22-6054887
B Telephone number (see instructions)

9044353204
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$14,217,052J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 340,217 340,217  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,783,224
b Gross sales price for all assets on line 6a 3,783,224
7 Capital gain net income (from Part IV, line 2)... 3,783,224
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
45 45  
12 Total. Add lines 1 through 11........ 4,123,486 4,123,486  
Operating and Administrative Expenses 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)....... Click to see attachment
List of Attached Documents:
// Content
27,085 20,314   6,771
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
97,661 97,661   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
57,525 1,761   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
515 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 182,786 119,736   6,771
25 Contributions, gifts, grants paid....... 10,495,000 10,495,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 10,677,786 119,736   10,501,771
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -6,554,300
b Net investment income (if negative, enter -0-) 4,003,750
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 2,063,927 411,538 411,538
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..........   63,505 63,505
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 14,721,376 Click to see attachment
List of Attached Documents:
// Content
9,733,321 		13,681,620
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 99,016 Click to see attachment
List of Attached Documents:
// Content
54,681 		60,389
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,884,319 10,263,045 14,217,052
Liabilities 17 Accounts payable and accrued expenses.......... 75,555  
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)......... 75,555 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 16,808,764 10,263,045
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 16,808,764 10,263,045
30 Total liabilities and net assets/fund balances (see instructions). 16,884,319 10,263,045
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
16,808,764
2
Enter amount from Part I, line 27a .....................
2
-6,554,300
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
8,581
4
Add lines 1, 2, and 3 ..........................
4
10,263,045
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
10,263,045
Form 990-PF (2025)
Form 990-PF (2025)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a LONG TERM CAPITAL GAINS P    
b SHORT TERM CAPITAL GAINS P    
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,693,623     3,693,623
b 14,242     14,242
c 75,359     75,359
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       3,693,623
b       14,242
c       75,359
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,783,224
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 55,652
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 55,652
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 55,652
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 119,269
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.............. 7 119,269
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 63,617
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax63,617 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
FL, NJ
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressRIVERBRANCHFOUNDATION.ORG
14
The books are in care ofROBERT T LOVERICH Telephone no. (904) 396-5831

Located at5011 GATE PARKWAY BLDG 100 SUITE300JACKSONVILLEFL ZIP+432256
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JENNIFER JOHNSON DUKE DIRECTOR
0.00 		0 0 0
830 A1A NORTH SUITE 13 BOX 132
PONTE VEDRA,FL32082
KARI JENKINS TRUSTEE
0.00 		0 0 0
830 A1A NORTH SUITE 13 BOX 132
PONTE VEDRA,FL32082
SIMON GREGG TRUSTEE
0.00 		0 0 0
830 A1A NORTH SUITE 13 BOX 132
PONTE VEDRA,FL32082
JASON GREGG TRUSTEE
0.00 		0 0 0
830 A1A NORTH SUITE 13 BOX 132
PONTE VEDRA,FL32082
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)
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 arrow0
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 N/A 0
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 N/A 0
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
17,299,411
b
Average of monthly cash balances.......................
1b
1,061,848
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
18,361,259
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
18,361,259
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
275,419
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
18,085,840
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
904,292
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
904,292
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
55,652
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
55,652
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
848,640
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
848,640
6
Deduction from distributable amount (see instructions) .................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
848,640
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
10,501,771
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
10,501,771
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 848,640
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......  
b From 2021...... 651,001
c From 2022...... 612,559
d From 2023......  
e From 2024...... 10,309,740
f Total of lines 3a through e ........ 11,573,300
4Qualifying distributions for 2025 from Part
XI, line 4: $ 10,501,771
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..... 848,640
e Remaining amount distributed out of corpus 9,653,131
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 21,226,431
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) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		21,226,431
10 Analysis of line 9:
a Excess from 2021 .... 651,001
b Excess from 2022 .... 612,559
c Excess from 2023 ....  
d Excess from 2024 .... 10,309,740
e Excess from 2025 .... 9,653,131
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
TRUSTEE THE RIVER BRANCH FOUNDATION
830 AIA NORTH SUITE 13-132
PONTE VEDRA,FL32082
(904) 435-3204
bThe form in which applications should be submitted and information and materials they should include:
WRITTEN REQUESTS ACCEPTED FROM RECOGNIZED NONPROFIT ORGANIZATIONS. NO PRESCRIBED APPLICATION FORMAT.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
ALL GRANTS ARE MADE TO ORGANIZATIONS RECOGNIZED BY IRS AS CHARITABLE ORGANIZATIONS. MOST OF THESE ARE IN THE JACKSONVILLE AREA.
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

1000 FRIENDS OF FLORIDA

PO BOX 5948
TALLAHASSEE,FL32314 		N/A   PROVIDE FOR PROGRAM SERVICES 230,000

ALACHUA CONSERVATION TRUST

7204 SE COUNTY ROAD 234
GAINESVILLE,FL326411608 		N/A   PROVIDE FOR PROGRAM SERVICES 620,000

AUDUBON FLORIDA

4500 BISCAYNE BLVD STE 205
MIAMI,FL33137 		N/A   PROVIDE FOR PROGRAM SERVICES 1,000,000

CATHOLIC CHARITIES USA

2050 BALLENGER AVE SUITE 400
ALEXANDRIA,VA22314 		N/A   PROVIDE FOR PROGRAM SERVICES 200,000

EAST COAST ZOOLOGICAL FOUNDATION

8225 N WICKHAM ROAD
MELBOURNE,FL32940 		N/A   PROVIDE FOR PROGRAM SERVICES 60,000

ECOFLIGHT

311K ASPEN AIRPORT BUSINESS CENTER
ASPEN,CO81611 		N/A   PROVIDE FOR PROGRAM SERVICES 430,000

EVERGLADES FOUNDATION

18001 OLD CUTLER ROAD
PALMETTO BAY,FL33157 		N/A   PROVIDE FOR PROGRAM SERVICES 150,000

FLORIDA OCEANOGRAPHIC SOCIETY

890 NE OCEAN BLVD
STUART,FL34996 		N/A   PROVIDE FOR PROGRAM SERVICES 100,000

FLORIDA STATE PARKS FOUNDATION

1700 N MONROE ST STE 11 PMB 200
TALLAHASSEE,FL32030 		N/A   PROVIDE FOR PROGRAM SERVICES 65,000

FOODSHED ALLIANCE

326 HIGH STREET
HOPE,NJ07844 		N/A   PROVIDE FOR PROGRAM SERVICES 100,000

FRIENDS OF GTM RESERVE

505 GUANA RIVER ROAD
PONT VEDRA,FL32082 		N/A   PROVIDE FOR PROGRAM SERVICES 100,000

HUNTERDON LAND TRUST

111 MINE STREET
FLEMINGTON,NJ08822 		N/A   PROVIDE FOR PROGRAM SERVICES 1,000,000

JACKSONVILLE COMMUNITY FOUNDATION

245 RIVERSIDE AVE STE 310
JACKSONVILLE,FL32202 		N/A   PROVIDE FOR PROGRAM SERVICES 500,000

LUTHERAN SOCIAL SERVICES

4615 PHILIPS HWY
JACKSONVILLE,FL32207 		N/A   PROVIDE FOR PROGRAM SERVICES 100,000

MATANZAS RIVERKEEPER

201 OWENS AVENUE
ST AUGUSTINE,FL32080 		N/A   PROVIDE FOR PROGRAM SERVICES 250,000

NATURECONNECT FLORIDA

1745 SELVA MARINA DRIVE
ATLANTIC BEACH,FL32333 		N/A   PROVIDE FOR PROGRAM SERVICES 500,000

NORTHEAST FLORIDA JOURNALISM COLLECTIVE

40 E ADAMS STREET STE 340
JACKSONVILLE,FL32202 		N/A   PROVIDE FOR PROGRAM SERVICES 100,000

ST JOHN'S RIVERKEEPER

2800 UNIVERSITY BLVD NORTH
JACKSONVILLE,FL32211 		N/A   PROVIDE FOR PROGRAM SERVICES 300,000

TAOS LAND TRUST

PO BOX 376
TAOS,NM87571 		N/A   PROVIDE FOR PROGRAM SERVICES 1,020,000

TEWKSBURY LAND TRUST

1660 L STREET NW SUITE 1100
WASHINGTON,DC20036 		N/A   PROVIDE FOR PROGRAM SERVICES 10,000

THE CONSERVATION FUND

1655 N FORT MYER DRIVE STE 1300
ARLINGTON,VA22209 		N/A   PROVIDE FOR PROGRAM SERVICES 2,000,000

THE EARTH CIRCLE FOUNDATION INC

13701 SKYLINE ROAD NE
ALBUQUERQUE,NM87123 		N/A   PROVIDE FOR PROGRAM SERVICES 100,000

UNIVERSITY OF NORTH FLORIDA FOUNDATION

1 UNF DRIVE
JACKSONVILLE,FL32224 		N/A   PROVIDE FOR PROGRAM SERVICES 1,060,000

VERMONT STUDIO CENTER

PO BOX 613
JOHNSON,VT05656 		N/A   PROVIDE FOR PROGRAM SERVICES 100,000

WJCT INC

100 FESTIVAL PARK AVE
JACKSONVILLE,FL32202 		N/A   PROVIDE FOR PROGRAM SERVICES 400,000
Total ................................. 3a 10,495,000
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 340,217  
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 .....     14 45  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 3,783,224  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 4,123,486 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,123,486
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 27,085 20,314   6,771

TY 2025 InvestmentsCorpStockSchedule
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Name of Stock End of Year Book Value End of Year Fair Market Value
A A R CORP - 153 SHS 6,476 12,667
ACCENTURE PLC IRELAND FUND - 513 SHS 129,808 137,638
ADAPT HEALTH CORP - 3,881 SHS 38,813 38,655
ADVANCE AUTO PTS INC - 625 SHS 27,002 24,563
AIR PRODUCTS & CHEMICALS, INC. - 140 SHS 10,407 34,583
ALAMOS GOLD INC - 1,168 SHS 7,835 45,061
ALLEGION PUB LTD CO - 729 SHS 101,798 116,071
ALLEGRO MICROSYSTEMS INC - 924 SHS 20,603 24,375
ALMONTY INDS INC F - 1,096 SHS 7,527 9,656
ALPHABET INC CL A - 575 SHS 51,763 179,975
ALPHABET INC CL C - 487 SHS 5,931 152,431
AMAZON.COM, INC. - 610 SHS 17,098 140,800
AMBARELLA INC F - 202 SHS 12,383 14,310
AMERIS BANCORP - 351 SHS 17,207 26,069
AMG PANTHEON FUND CLASS - 33,487 SHS 713,655 901,127
AMKOR TECHNOLOGY INC - 400 SHS 11,455 15,792
ANGIODYNAMICS INC - 1,351 SHS 9,357 17,347
AON PLC - 115 SHS 40,400 40,581
APOGEE ENTERPRISES - 823 SHS 37,493 29,965
APPLE, INC. - 418 SHS 7,563 113,637
ARAMARK - 4,487 SHS 145,845 165,391
ARCBEST CORP - 164 SHS 15,825 12,167
ARCH CAP GGROUP LTD F - 794 SHS 72,748 76,160
ARISTA NETWORKS INC. - 935 SHS 14,617 122,513
ASTEC INDUSTRIES INC - 186 SHS 7,861 8,058
AVERY DENNISON CORP - 1,003 SHS 178,562 182,426
AXCELIS TECHNOLOGIES INC - 113 SHS 9,335 9,078
AZZ INC - 394 SHS 20,983 42,229
BECTON DICKINSON & CO. - 1,034 SHS 187,213 200,668
BELDEN INC - 294 SHS 17,942 34,266
BERKSHIRE HATHAWAY CL B - 356 SHS 66,325 178,944
BOOKING HOLDINGS INC. - 39 SHS 55,168 208,858
CADENCE BK - 768 SHS 17,830 32,901
CAPRI HOLDINGS LTD - 1,200 SHS 24,328 29,280
CAPITAL ONE FINANCIAL - 469 SHS 85,772 113,667
CANADIAN PACIFIC RAILWAY F - 749 SHS 53,844 55,149
CARRIER GLOBAL CORP - 2,833 SHS 139,342 149,696
CARLISLE CO. - 174 SHS 38,168 55,656
CDW CORP - 739 SHS 131,171 100,652
CHIPOTLE MEXICAN GRL - 1,083 SHS 20,043 40,071
CHARLES SCHWAB CORP - 3,250 SHS 132,465 324,708
COHU INC - 539 SHS 12,793 12,543
COLUMBIA BANKING SYS - 831 SHS 17,338 23,226
COLUMBUS MCKINNON CO - 557 SHS 23,686 9,608
COMMUNITY BANK SYS - 417 SHS 20,993 23,952
CORE SCIENTIFIC INC - 1,334 SHS 20,150 19,423
COSTCO WHSL. CORP. - 41 SHS 2,445 35,356
CRESCENT ENERGY - 2,444 SHS 28,190 20,505
CSX CORP - 2,886 SHS 92,457 104,618
DEERE & CO - 94 SHS 39,323 43,764
DELTA AIR LINES INC - 933 SHS 32,936 64,750
DIGITAL BRIDGE GROUP INC - 3,146 SHS 35,542 48,260
DOLLAR TREE INC. - 852 SHS 67,430 104,805
EAGLE MATLS INC - 69 SHS 15,499 14,261
ELEMENT SOLUTIONS INC - 901 SHS 20,857 22,516
ENERPAC TOOL GROUP CORP - 315 SHS 9,690 12,046
ENERSYS - 311 SHS 24,787 45,639
ENTRGRIS INC - 316 SHS 25,640 26,623
FEDEX CORP. - 185 SHS 15,193 53,439
FERGUSON PLC NEW - 822 SHS 105,471 183,002
FIRST BANCORP N C - 183 SHS 9,486 9,295
FRANKLIN ELEC INC - 300 SHS 28,758 28,659
FRESENIUS MEDICAL CARE F - 3,569 SHS 95,706 85,014
FREQUENCY ELECTRICS INC - 370 SHS 9,797 19,921
GALAPAGOS NV F - 506 SHS 18,081 16,546
GENTHERM INC - 432 SHS 22,441 15,712
GERON CORP - 7,175 SHS 23,095 9,471
GIBRAL TAR INDS INC - 285 SHS 17,369 14,090
GLACIER BANCORP INC NEW - 528 SHS 23,995 23,258
GOODYEAR TIRE RUBBER - 2,761 SHS 33,437 24,186
GXO LOGISTICS - 267 SHS 13,015 14,055
HANCOCK WHITNEY CORP - 420 SHS 20,048 26,746
HELMERICH & PAYNE - 628 SHS 18,166 18,011
HUB GROUP INC - 305 SHS 13,406 12,996
I C U MEDICAL INC - 250 SHS 36,001 35,668
IDIRECT PRIVATE MARKET - 23,649 SHS 761,402 989,235
INGEVITY CORP - 939 SHS 37,525 55,570
INFINEON TECH AG F - 1,208 SHS 37,315 53,128
INTUITIVE SURGICAL - 148 SHS 42,447 83,821
IPG PHOTONICS CORP - 430 SHS 35,485 30,788
JOHNSON & JOHNSON - 253 SHS 15,892 52,358
JPMORGAN CHASE & CO - 309 SHS 19,041 99,566
KONINKLIJKE PHILIPS - 4,676 SHS 118,640 126,626
LITTLEFUSE INC - 162 SHS 38,923 40,973
MASTERCARD CL A - 158 SHS 17,594 90,199
MASCO CORP - 1,887 SHS 73,662 119,749
META PLATFORMS INC. - 192 SHS 8,593 126,737
MERCURY SYSTEMS INC - 709 SHS 22,990 51,764
MICROSOFT CORP - 294 SHS 11,169 142,184
MOODYS CORP - 95 SHS 29,664 48,531
MP MATLS CORP - 321 SHS 3,259 16,217
MURPHY OIL CORP HLDG - 1,013 SHS 36,562 31,656
NEOGENOMICS INC - 2,160 SHS 25,930 25,402
NESTLE SA - 408 SHS 19,182 40,302
NETFLIX - 830 SHS 7,662 77,821
NEW JERSEY RESOURCE - 380 SHS 15,094 17,526
NIKE INC CL B - 459 SHS 17,718 29,243
NOVARTIS ADR - 230 SHS 9,940 31,710
NTNL BANK HLDGS - 858 SHS 37,526 32,613
NVIDIA CORP - 378 SHS 44,201 70,497
O-I GLASS INC - 2,498 SHS 31,467 36,870
O G E ENERGY CP HLDG - 505 SHS 18,663 21,564
ONTO INNOVATION INC - 187 SHS 20,672 29,520
PAPA JOHNS INTL INC - 1,090 SHS 58,433 41,954
PEOPLES BANCORP INC - 227 SHS 7,102 6,817
PROGRESS SOFTWARE CO - 670 SHS 34,428 28,783
PROGRESSIVE CO OHIO - 295 SHS 22,424 67,177
QUANEX BUILDING PRODUCTS - 1,107 SHS 26,715 17,026
QUEST DIAGNOSTICS INC - 759 SHS 101,470 131,709
QUIDELORTHO CORP - 1,234 SHS 49,405 35,243
R E V GROUP INC - 605 SHS 8,734 36,790
RIOT PLATFORMS INC - 685 SHS 10,368 8,679
ROGERS CORP - 140 SHS 9,981 12,820
ROSS STORES INC. - 229 SHS 20,231 41,252
S&P GLOBAL INC - 70 SHS 10,101 36,581
SBA COMMUNICATIONS - 160 SHS 36,167 30,949
STARBUCKS CORP - 534 SHS 45,881 44,968
SEACOAST BK CORP FLA - 993 SHS 30,944 31,200
SENSIENT TECHNOLOGIE - 263 SHS 16,297 24,709
SILGAN HOLDINGS INC - 418 SHS 17,702 16,875
SLB LIMITED - 1,921 SHS 50,329 73,728
SONY CORP - 4,052 SHS 51,534 103,731
SOUTHSTATE CORP - 276 SHS 20,760 25,974
SYNAPTICS INC. - 235 SHS 16,686 17,395
SYSCO CORPORATION - 1,509 SHS 104,337 111,198
TESLA INC - 63 SHS 10,682 28,332
TEXAS CAPITAL BANCSH - 381 SHS 22,619 34,496
TEXAS ENERGY INC - 501 SHS 23,359 29,499
TEXAS INSTRUMENTS, INC. - 213 SHS 5,099 36,953
THERMO FISHER SCIENIFIC - 140 SHS 31,467 81,123
TIMKEN CO. - 315 SHS 25,266 26,501
T-MOBILE US INC. - 230 SHS 32,437 46,699
TRANSDIGM GROUP INC. - 45 SHS 23,995 59,843
UBER TECHNOLOGIES - 333 SHS 21,491 27,209
UNION PACIFIC CORP - 169 SHS 38,207 39,093
UNITED COMMUNITY BKS - 559 SHS 20,740 17,452
UNITEDHEALTH GROUP INC COM - 403 SHS 80,961 133,035
UNILEVER PLC - 1,833 SHS 97,040 119,878
UNIVERSAL DISPLAY CORP - 150 SHS 21,110 17,516
VALARIS LTD F - 218 SHS 10,766 10,987
VALMONT INDS INC - 167 SHS 36,919 67,187
VEECO INSTRS INC DEL - 353 SHS 7,925 10,089
VIAVI SOLUTIONS INC - 1,706 SHS 17,279 30,401
VF CORP - 4,304 SHS 52,605 77,817
VISHAY PRECISION GROUP - 170 SHS 4,394 6,545
WABTEC - 133 SHS 12,715 28,389
WESBANCO INC - 872 SHS 30,480 28,985
WORKDAY INC - 226 SHS 25,546 48,540
YUM BRANDS INC - 218 SHS 11,308 32,979
OAKMARK INTERNATIONAL IN - 43,400 SHS 735,560 1,405,742
PIMCO FLEXIBLE CREDIT - 124,686 SHS 1,000,000 886,516
PIMCO INCOME FUND - 71,926 SHS 840,218 790,472
TWEEDY BROWNE GLOBAL VALUE - 21,356 SHS 481,704 601,809

TY 2025 InvestmentsOtherSchedule2
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
EMPIRE STATE REALTY TRUS - 862 SHS AT COST 8,950 5,620
STAG INDUSTRIAL INC - 608 SHS AT COST 18,940 22,350
TERRENO REALTY CORP - 227 SHS AT COST 12,336 13,327
CARETRUST REIT - 528 SHS AT COST 14,455 19,092

TY 2025 OtherExpensesSchedule
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PENALTIES 515 0   0


TY 2025 OtherIncomeSchedule2
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 45 45 45


TY 2025 OtherIncreasesSchedule
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Description Amount
COST BASIS ADJUSTMENT 8,581


TY 2025 OtherProfessionalFeesSchedule
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES 97,661 97,661   0
PROFESSIONAL FEES 0 0   0


TY 2025 TaxesSchedule
Name:
RIVER BRANCH FOUNDATION
EIN:
22-6054887
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 1,761 1,761   0
EXCISE TAXES 55,764 0   0