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
LAMB FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 1705
  Room/suite
City or town
LAKE OSWEGO
State or province
OR
Country  
ZIP or foreign postal code
970350575
A Employer identification number

23-7120564
B Telephone number (see instructions)

5036358010
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)$8,694,287J 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... 182,502 182,502  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 546,382
b Gross sales price for all assets on line 6a 2,218,092
7 Capital gain net income (from Part IV, line 2)... 546,382
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
1,793 1,793  
12 Total. Add lines 1 through 11........ 730,677 730,677  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 89,385 3,636   85,740
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,700 3,420   2,280
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
42,349 42,349   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
7,592 1,942   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
77 0  
20 Occupancy.............. 3,872 77   3,795
21 Travel, conferences, and meetings....... 1,110 22   1,088
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,198 64   8,134
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 158,283 51,510   101,037
25 Contributions, gifts, grants paid....... 319,600 319,600
26 Total expenses and disbursements. Add lines 24 and 25 ................ 477,883 51,510   420,637
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 252,794
b Net investment income (if negative, enter -0-) 679,167
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............. 11,166 8,433 8,433
2 Savings and temporary cash investments......... 34,315 44,133 44,133
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.......... 341    
10a Investments—U.S. and state government obligations (attach schedule) 795,690 Click to see attachment
List of Attached Documents:
// Content
788,113 		718,649
b Investments—corporate stock (attach schedule)....... 2,972,981 Click to see attachment
List of Attached Documents:
// Content
3,132,724 		5,923,888
c Investments—corporate bonds (attach schedule)....... 870,586 Click to see attachment
List of Attached Documents:
// Content
870,586 		809,025
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 979,567 Click to see attachment
List of Attached Documents:
// Content
1,073,064 		1,189,077
14 Land, buildings, and equipment: basis 1,159
Less: accumulated depreciation (attach schedule) 77 0 Click to see attachment
List of Attached Documents:
// Content
1,082 		1,082
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
695 		Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,665,341 5,918,135 8,694,287
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 5,665,341 5,918,135
29 Total net assets or fund balances (see instructions)..... 5,665,341 5,918,135
30 Total liabilities and net assets/fund balances (see instructions). 5,665,341 5,918,135
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
5,665,341
2
Enter amount from Part I, line 27a .....................
2
252,794
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,918,135
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
5,918,135
Form 990-PF (2025)
Form 990-PF (2025)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,187,245   1,671,710 515,535
b 30,847     30,847
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       515,535
b       30,847
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 546,382
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 9,440
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 9,440
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 9,440
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 9,119
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 9,119
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 1
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 322
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)
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)
OR
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 addressWWW.LAMBFOUNDATION.ORG
14
The books are in care ofTHE FOUNDATION Telephone no. (503) 635-8010

Located atPO BOX 1705LAKE OSWEGOOR ZIP+4970350575
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
BRENDA LAMB PRESIDENT
2.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
HEATHER BAILEY VICE PRESIDENT
1.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
KAREN ANNE HORTON SECRETARY
1.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
CARL LAMB TREASURER
2.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
BENJAMIN BAILEY DIRECTOR
1.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
CORWIN WALDRON DIRECTOR
1.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
FINN JAMES DIRECTOR
1.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
LAUREN BIRKHAHN DIRECTOR
1.00 		0 0 0
PO BOX 1705
LAKE OSWEGO,OR97035
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  
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)
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
8,220,329
b
Average of monthly cash balances.......................
1b
83,639
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
8,303,968
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
8,303,968
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
124,560
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
8,179,408
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
408,970
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
408,970
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
9,440
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,440
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
399,530
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
399,530
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
399,530
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
420,637
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
420,637
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 7 399,530
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......  
c From 2022...... 10,335
d From 2023......  
e From 2024...... 6,104
f Total of lines 3a through e ........ 16,439
4Qualifying distributions for 2025 from Part
XI, line 4: $ 420,637
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..... 399,530
e Remaining amount distributed out of corpus 21,107
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 37,546
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 ...... 		37,546
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 .... 10,335
c Excess from 2023 ....  
d Excess from 2024 .... 6,104
e Excess from 2025 .... 21,107
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:
LAMB FOUNDATION
PO BOX 1705
LAKE OSWEGO,OR970350575
(503) 635-8010
bThe form in which applications should be submitted and information and materials they should include:
SUBMISSION INFORMATION IS PROVIDED TO THE APPLICANT WITH THE INVITATION TO APPLY. APPLICATIONS MAY BE SUBMITTED VIA AN ONLINE FORM MADE AVAILABLE TO INVITEES OR MAY BE SUBMITTED VIA EMAIL FOLLOWING THE GUIDELINES INCLUDED IN THE INVITATION AND/OR ONLINE GRANT PROPOSAL FORM. QUESTIONS MAY BE DIRECTED TO THE EXECUTIVE DIRECTOR AT LAMBFDN@LAMBFOUNDATION.ORG OR BY TELEPHONE AT 503-635-8010. LAMB FOUNDATION TYPICALLY MAKES GRANTS TO 501(C)(3) PUBLIC CHARITIES LOCATED IN OR SERVING THE PACIFIC NORTHWEST UNITED STATES. AREAS OF INTEREST ARE: ARTS, ENVIRONMENT AND SOCIAL SERVICES FOR YOUTH AND CHILDREN. TYPICAL GRANTS RANGE FROM $5,000 TO $15,000.
cAny submission deadlines:
SUBMISSION DEADLINES ARE PROVIDED TO THE APPLICANT WITH THE INVITATION TO APPLY.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NO FORMAL RESTRICTIONS OR LIMITATIONS
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

ADELANTE MUJERES

2036 MAIN ST SUITE A
FOREST GROVE,OR97116 		    GENERAL OPERATING SUPPORT TO SUSTAIN PROGRAMMING ACROSS 4 DEPARTMENTS WITH OVER 15 PROGRAMS. ADELANTE MUJERES WILL PROVIDE DIRECT SERVICES TO THE LATINE AND IMMIGRANT COMMUNITY IN WASHINGTON COUNTY, OR. 16,500

BRIDGING VOICES

PO BOX 86033
PORTLAND,OR97286 		    TO SUPPORT BRIDGING VOICES MISSION: BRIDGING VOICES IS A YOUTH CHORUS FOR LGBTQ+ AND ALLIED YOUTH, AGES 13-21, AND STRIVES TO BE A SAFE, ACCESSIBLE PLACE FOR YOUTH TO EXPERIENCE EMPOWERMENT AND UNITY THROUGH MUSIC. 1,500

BUILDING HEALTHY FAMILIES

207 NE PARK ST
ENTERPRISE,OR97828 		    BUILDING HEALTHY FAMILIES OFFERS PROVEN EVIDENCE-BASED PROGRAMS FOCUSING ON YOUTH DEVELOPMENT, PREVENTION AND PARENT EDUCATION. SERVICES ARE OFFERED IN WALLOWA, BAKER, UNION, AND MALHEUR COUNTIES POSITIVELY IMPACTING FAMILIES AND COMMUNITIES. 15,000

COMMUNITY CONNECTION OF NE OREGON INC

2802 ADAMS AVE
LA GRANDE,OR97850 		    DISTRIBUTE FOOD ACROSS THE OREGON COUNTIES OF BAKER, GRANT, AND WALLOWA THROUGH 18 FOOD PANTRIES AND 11 HARVEST SHARE SITES. 4,250

COMMUNITY TRANSITIONAL SCHOOL

6601 NE KILLINGSWORTH ST
PORTLAND,OR97218 		    CTS IS A TUITION-FREE, NONPROFIT PREK-8TH GRADE PRIVATE SCHOOL DEDICATED TO THE EDUCATIONAL NEEDS OF CHILDREN WHOSE FAMILIES ARE EXPERIENCING HOMELESSNESS AND LIVING WITHIN THE PORTLAND METROPOLITAN AREA AND GREATER MULTNOMAH COUNTY. 16,000

CONFLUENCES

1109 E 5TH ST
VANCOUVER,WA98661 		    CONFLUENCES EDUCATION PROGRAMS WORK TOGETHER TO PLANT SEEDS OF KNOWLEDGE FOR STUDENTS AND EDUCATORS AS THEY EXPERIENCE LEARNING THROUGH A BROADER APPROACH TO HISTORY. 15,000

FAMILY BUILDING BLOCKS

2425 LANCASTER DR NE
SALEM,OR97305 		    MISSION: "KEEP CHILDREN SAFE AND FAMILIES TOGETHER" GOALS: REDUCE CHILD AND FAMILY RISK FACTORS TO PREVENT ABUSE AND NEGLECT, IMPROVE FAMILY STABILITY AND FUNCTIONING. IMPROVE PARENTING SKILLS, SUPPORT POSITIVE CHILD DEVELOPMENT AND WELL-BEING. 15,000

FAMILY TREE RELIEF NURSERY

PO BOX 844
ALBANY,OR973210305 		    FAMILY TREES THERAPEUTIC EARLY CHILDHOOD PROGRAM (TECP) IN SWEET HOME WILL SERVE 40 FAMILIES WITH CHILDREN FROM BIRTH TO AGE 6 WHO EXPERIENCE FAMILY STRESSORS THAT MAY INCREASE THEIR RISK FOR CHILD ABUSE AND NEGLECT AND FOSTER CARE PLACEMENT. 15,000

FARMERS CONSERVATION ALLIANCE

102 STATE ST
HOOD RIVER,OR97031 		    THIS PROPOSAL WILL SUPPORT CURRENTLY ENGAGED RURAL AGRICULTURAL COMMUNITIES TO RESPOND TO RAPIDLY CHANGING FEDERAL PRIORITIES, PROGRAMS, AND RULES RELATED TO IRRIGATION MODERNIZATION EFFORTS IN THE WEST, PRIMARILY IN OREGON. 15,000

FOOD SHARE OF LINCOLN COUNTY

535 NE 1ST ST
NEWPORT,OR97365 		    SUPPORT FOOD SHARE OF LINCOLN COUNTY'S MISSION TO ELIMINATE HUNGER IN LINCOLN COUNTY. 4,250

FOUR RIVERS CULTURAL CENTER

676 SW 5TH AVE
ONTARIO,OR97914 		    SHARING AND CELEBRATING THE HISTORY, ART, AND ENTERTAINMENT OF THE MANY CULTURES THAT HAVE MADE THEIR HOME IN TREASURE VALLEY. 3,000

FRIENDS OF EXPLORER POST 58

5228 SW WESTWOOD VIEW
PORTLAND,OR972392768 		    SUPPORTS THE MISSION OF FRIENDS OF EXPLORER POST 58 TO PROVIDE AN ARENA FOR PERSONAL GROWTH AND SOCIAL INTERACTION BY CREATING DIVERSE EXPERIENCES THAT FOSTER RESPONSIBILITY, RESPECT, AND A PASSION FOR THE OUTDOORS FOR A VARIETY OF YOUTH AGES 14-18. 3,000

GOLDEN ROAD ARTS

5459 SE GOLDEN RD
HILLSBORO,OR97123 		    GOLDEN ROAD ARTS PROVIDES ART CLASSES TO FILL THE VOID WHERE SCHOOLS ARE NOT OFFERING ART CLASSES. GOLDEN ROAD ARTS PROVIDES SEQUENTIAL, HANDS-ON "ART CLUB" PROGRAMS AND FREE SUPPORT MATERIALS FOR EDUCATORS. 10,000

HOLLA

14513 SE STARK ST
PORTLAND,OR97233 		    HOLLA PAIRS 100 YOUTH OF COLOR IN EAST PORTLAND WITH ADULTS WHO SHARE SIMILAR CULTURES. THE PROGRAM PROVIDES EDUCATIONAL AND SOCIAL SUPPORT AND FUN ACTIVITIES, AND RECRUITS STAFF AND MENTORS WHO ARE ATTUNED TO THE CULTURE OF THE YOUTH. 12,000

J BAR J YOUTH SERVICES

62895 HAMBY ROAD
BEND,OR97701 		    SUPPORTS VULNERABLE FAMILIES IN CENTRAL OREGON, PROVIDING HOUSING STABILIZATION, PARENTING SUPPORT, AND RESOURCE NAVIGATION TO REDUCE RISK OF CHILD WELFARE INVOLVEMENT. 15,000

JOSEPHY CENTER FOR ARTS & CULTURE

PO BOX 949
JOSEPH,OR97846 		    THE JOSEPHY CENTERS YOUTH ART PROGRAM SERVES 600+ YOUTH ANNUALLY IN WALLOWA COUNTY, ONE OF OREGONS MOST ISOLATED REGIONS, ENSURING YOUNG PEOPLE HAVE MEANINGFUL ACCESS TO THE ARTS. 15,000

KLAMATH LAKE COUNTIES FOOD BANK

3231 MAYWOOD DR
KLAMATH FALLS,OR97603 		    SUPPORT TO ALLEVIATE HUNGER AND PROVIDE ESSENTIAL RESOURCES TO THOSE IN NEED IN KLAMATH AND LAKE COUNTIES. 4,250

MAZAMAS

527 SE 43RD AVE
PORTLAND,OR97215 		    TO SUPPORT THE MAZAMA'S MISSION: TO INSPIRE EVERYONE TO LOVE AND PROTECT THE MOUNTAINS. THE MAZAMAS PROMOTE MOUNTAINEERING THROUGH EDUCATION, CLIMBING, HIKING, FELLOWSHIP, SAFETY AND THE PROTECTION OF MOUNTAIN ENVIRONMENTS. 1,000

MY FATHER'S HOUSE

PO BOX 1147
GRESHAM,OR97030 		    THE MISSION OF MY FATHERS HOUSE IS TO EQUIP HOMELESS FAMILIES WITH THE LIFE SKILLS NECESSARY TO BECOME CONTRIBUTING MEMBERS OF THEIR COMMUNITY. MORE THAN HALF OF OUR RESIDENTS ARE DEPENDENT CHILDREN. 3,000

NATIVE AMERICAN YOUTH AND FAMILY CENTER (NAYA)

5135 NE COLUMBIA BLVD
PORTLAND,OR97218 		    THE MISSION OF NAYA IS: TO ENHANCE THE DIVERSE STRENGTHS OF OUR YOUTH & FAMILIES IN PARTNERSHIP W/ THE COMMUNITY THROUGH CULTURAL IDENTITY & EDUCATION. THIS GRANT SUPPORTS THEIR PROGRAMS FOR CHILDREN AND YOUTH. 1,500

NORTHWEST CHILDREN'S THEATER AND SCHOOL

1000 SW BROADWAY AVE T-100
PORTLAND,OR97205 		    THE MISSION OF NORTHWEST CHILDRENS THEATER AND SCHOOL IS TO EDUCATE, ENTERTAIN AND ENRICH THE LIVES OF YOUNG AUDIENCES. NWCT PRODUCES FOUR MAINSTAGE SHOWS PER YEAR AND ADMINISTERS ONE OF THE LARGEST THEATER SCHOOLS ON THE WEST COAST. 1,000

NORTHWEST HARVEST

PO BOX 12272
SEATTLE,WA98102 		    THIS GENERAL OPERATING GRANT WILL SUPPORT NORTHWEST HARVESTS PURPOSE TO ENSURE ACCESS TO NUTRITIOUS FOOD, AND TO BUILD BROAD FOOD PARTNER CAPACITY TO CREATE A STRONGER, MORE RESILIENT, MORE JUST FOOD ECOSYSTEM. 19,250

OLD MILL CENTER FOR CHILDREN & FAMILIES

1650 SW 45TH PL
CORVALLIS,OR97333 		    FUNDS WILL SUPPORT TRANSPORTATION FOR STUDENTS TO AND FROM PROGRAMMING AT OUR RELIEF NURSERIES IN CORVALLIS AND MONROE, COVERING VEHICLE MAINTENANCE, STAFF, CAR SEATS, GAS, AND CONTRACTED SERVICES LIKE DIAL-A-BUS. 15,000

OREGON ENVIRONMENTAL COUNCIL

PO BOX 14822
PORTLAND,OR97293 		    OUR WORK ENSURES OREGONIANS LIVE HEALTHIER LIVES BECAUSE OUR AIR, WATER AND LAND ARE CLEANER; OUR FOOD IS MORE SUSTAINABLY PRODUCED; AND THE PRODUCTS, ENERGY AND TRANSPORTATION WE RELY ON ARE SAFER FOR OUR ENVIRONMENT. 1,000

OUTGROWING HUNGER

8934 SE 347TH AVE
BORING,OR97009 		    SUPPORTS STAFF TIME AND EQUIPMENT TO CONTINUE OUR VALUABLE FARM ACCELERATOR PROGRAM THAT PROVIDES FOOD FOR DONATION AND/OR SALE IN EAST MULTNOMAH COUNTY. 20,000

SAVING GRACE

990 NW BROOKS ST STE 1
BEND,OR97703 		    SUPPORTING AN ORGANIZATION THAT PROVIDES SANCTUARY, RESOURCES, AND RAISES AWARENESS TO SURVIVORS OF DOMESTIC VIOLENCE AND INDIVIDUALS AT RISK. 2,000

ST JOHNS FOOD SHARE

8100 N LOMBARD ST
PORTLAND,OR97203 		    POWERED ENTIRELY BY VOLUNTEERS, WE DISTRIBUTE FOOD THROUGH AN OPEN-DOOR, NO-BARRIER APPROACH, PROVIDING A WELCOMING PANTRY SHOPPING EXPERIENCE FOR INDIVIDUALS TO CHOOSE WHAT WORKS BEST FOR THEM AND THEIR FAMILIES. 3,000

THE DOUGY CENTER

PO BOX 86852
PORTLAND,OR97286 		    DOUGY CENTER PROVIDES GRIEF SUPPORT IN A SAFE PLACE WHERE YOUNG PEOPLE AND THEIR FAMILIES CAN SHARE THEIR EXPERIENCES BEFORE AND AFTER A DEATH. 15,000

THE GIVING PLATE

1212 NE 1ST ST
BEND,OR97701 		    SUPPORT GIVING PLATE'S MISSION: FEEDING THE HUNGRY TODAY WITH COMPASSION AND HOSPITALITY IN CENTRAL OREGON. 3,000

THE GREENWAY FOUNDATION INC

1820 PLATTE ST
DENVER,CO802021036 		    ENHANCE AND PROTECT DENVER'S WATERWAYS AND TRIBUTARIES, PRIMARILY THE SOUTH PLATTE RIVER THROUGH EQUITABLE COMMUNITY ENGAGMENT, EDUCATION AND STEWARDSHIP 100

THE LANDS COUNCIL

25 W MAIN AVE STE 222
SPOKANE,WA99201 		    PROVIDING RELIABLE VEHICLES TO SUPPORT WATERSHED RESTORATION IN EASTERN WASHINGTON. THESE PROJECTS WILL IMPROVE WATER QUALITY, EXPAND FISH AND WILDLIFE HABITAT, AND STRENGTHEN CLIMATE RESILIENCE IN THE COLUMBIA RIVER WATERSHED. 16,000

URBAN GLEANERS

PO BOX 6344
PORTLAND,OR972288043 		    GOALS: INCREASE VOLUME OF FOOD COLLECTED, AND THUS RESCUED FROM LANDFILLS; INCREASE THE NUMBER OF HIGH-QUALITY, HEALTHY PREPARED MEALS ; ENHANCE FARM GLEANING PROGRAM; IMPROVE COMMUNITY OUTREACH AND RESPONSIVENESS. 21,000

WELLSPRING FAMILY SERVICES

1900 RAINIER AVE S
SEATTLE,WA98144 		    THIS GRANT SUPPORTS WELLSPRING FAMILY SERVICES WORK TO END FAMILY HOMELESSNESS IN KING COUNTY, WA BY PROVIDING TRAUMA-INFORMED, CULTURALLY RESPONSIVE SUPPORT THAT HELPS FAMILIES STABILIZE, HEAL, AND THRIVE. 18,000
Total ................................. 3a 319,600
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 ....     14 182,502  
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 1,793  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 546,382  
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) .. 0 730,677 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
730,677
(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:
LAMB FOUNDATION
EIN:
23-7120564
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 5,700 3,420   2,280

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

TY 2025 DepreciationSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
OFFICE CHAIR 2005-12-14 325 325 SL 5.000000000000 0 0    
BROTHER 8890 COPIER 2011-01-15 400 400 SL 5.000000000000 0 0    
BROTHER MFC PRINTER 2018-10-05 530 530 SL 5.000000000000 0 0    
LENOVO THINKPAD E14 MOBILE PC 2025-08-27 1,159   SL 5.000000000000 77 0    

TY 2025 InvestmentsCorpBondsSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBVIE INC. 47,223 40,391
AMERICAN EXPRESS 38,989 34,759
BANK OF AMERICA 38,645 34,913
CAPITAL ONE FINANCIAL 39,644 34,822
COMCAST CORP 28,301 25,138
GEORGIA POWER CO 48,845 39,385
GILEAD SCIENCES INC 37,962 39,542
GOLDMAN SACHS 26,531 23,465
HOME DEPOT INC 39,530 40,146
INTERCONTINENTAL 40,792 36,614
JPMORGAN CHASE & CO 52,010 51,852
MCDONALDS CORP 39,875 34,349
MORGAN STANLEY 38,981 34,911
ORACLE CORP 21,804 19,561
PRUDENTIAL FINANCIAL INC 56,114 53,048
SHELL INTL FIN 48,890 55,755
STARBUCKS CORP 45,263 39,279
THE WALT DISNEY 83,450 79,497
UNITEDHEALTH GROUP INC 41,356 41,654
VERIZON COMMUNICATIONS 27,819 24,879
WELLS FARGO 28,562 25,065

TY 2025 InvestmentsCorpStockSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 33,299 38,840
ABBVIE INC 29,820 62,834
ABBVIE INC 27,410 95,966
ALPHABET INC 17,482 272,310
AMAZON.COM INC 65,861 109,640
AMER ELECTRICAL PWR CO 43,425 54,772
AMER ELECTRICAL PWR CO 84,455 104,356
AMERICAN INTL GROUP 22,940 32,509
AMERICAN INTL GROUP 31,207 47,053
AMERIPRISE FINANCIAL INC 4,139 29,420
AMGEN INC 58,924 63,171
AMGEN INC 58,590 67,099
ANALOG DEVICES INC 18,182 44,748
APPLE INC 21,534 187,583
AUTOMATIC DATA PROCESSIN 84,070 67,651
AT&T INC 83,202 96,131
AUTOMATIC DATA PROCESSIN 92,079 76,140
AXA SA 16,612 25,435
BARCLAYS PLC 15,173 32,576
BLACKROCK INC 20,779 73,853
BROADCOM INC 9,680 120,789
BROADCOM INC 5,816 80,641
CANADIAN NATURAL RES F 12,134 19,125
CENCORA INC 36,650 59,106
CHARLES SCHWAB CORP 23,654 24,978
CHEVRON CORPORATION 63,416 80,777
CHARLES SCHWAB CORP 40,208 42,462
CHEVRON CORPORATION 40,798 87,636
CISCO SYSTEMS INC 89,659 88,970
CISCO SYSTEMS INC 36,458 84,733
COMPASS GROUP PLC 8,829 8,957
CRH PUBLIC LIMITED CO 13,304 27,456
EAST WEST BANCORP 36,442 69,682
EATON CORP PLC F 15,788 60,835
EMERSON ELECTRIC CO 57,476 91,577
ENTERGY CORP 26,233 58,231
ENTERGY CORP 52,030 101,673
EXXON MOBIL CORP 60,825 62,577
HOME DEPOT INC 3,046 30,969
HOME DEPOT INC 28,556 46,454
HONEYWELL INTERNATIONAL 12,853 50,723
IBM CORP 54,491 109,598
JOHNSON & JOHNSON 74,467 97,267
JPMORGAN CHASE & CO 31,304 111,166
JPMORGAN CHASE & CO 13,987 127,277
KINDER MORGAN INC 43,811 49,207
LOCKHEED MARTIN CORP 34,249 41,112
MCDONALDS CORP 42,230 48,901
MEDTRONIC PLC 24,995 29,779
MERCK & CO INC 40,137 37,367
MERCK & CO INC NEW 40,277 79,471
META PLATFORMS INC 33,001 34,985
METLIFE INC 13,169 29,208
MICRON TECHNOLOGY INC 17,037 44,239
MICROSOFT CORP 23,658 260,188
MICROSOFT CORP 43,118 64,805
MORGAN STANLEY 25,310 105,630
NIKE INC 34,153 29,944
NOVARTIS AG 19,497 23,438
NIKE INC 28,029 23,573
NRG ENERGY INC 27,161 28,663
NVIDIA CORP 47,031 257,370
PARKER-HANNIFIN CORP 15,152 61,527
PARKER-HANNIFIN CORP 31,532 68,559
PROCTOR & GAMBLE 50,128 59,474
PROCTOR & GAMBLE 114,503 154,775
SAP SE 5,987 12,146
SIEMENS A G 19,795 27,990
SONY CORP F 5,220 21,888
SOLSTICE ADVANCED MATLS 657 3,011
STATE STREET CORP 44,003 78,051
STATE STREET CORP 48,516 81,921
STRYKER CORP 33,414 48,854
SUMITOMO MITSUI FINL00 22,865 39,047
TAIWAN SEMICONDUCTOR 15,261 31,301
THALES SA 9,061 21,072
TJX COMPANIES INC 14,671 33,794
TJX COMPANIES INC 32,157 58,372
TRANE TECHNOLOGIES PLC F 74,224 62,661
UBER TECHNOLOGIES INC 57,933 59,240
UNIVERSAL MUSIC GROUP 13,106 14,474
VERIZON COMMUNICATIONS 67,626 52,541
VISA INC 27,562 84,170
WALMART DE MEXICO 20,709 16,520
WALMART INC 40,201 100,269
WELLS FARGO & CO 64,201 77,821
WALMART INC 41,645 83,000
WELLS FARGO & CO 48,445 57,784

TY 2025 InvestmentsGovtObligationsSch
Name:
LAMB FOUNDATION
EIN:
23-7120564
US Government Securities - End of Year Book Value:

788,113
US Government Securities - End of Year Fair Market Value:

718,649
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2025 InvestmentsOtherSchedule2
Name:
LAMB FOUNDATION
EIN:
23-7120564
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
EXCHANGE TRADED FUNDS AT COST 481,714 534,076
MUTUAL FUNDS AT COST 511,557 585,197
OTHER INVESTMENTS AT COST 79,793 69,804

TY 2025 LandEtcSchedule2
Name:
LAMB FOUNDATION
EIN:
23-7120564
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LENOVO THINKPAD E14 MOBILE PC 1,159 77 1,082  


TY 2025 OtherAssetsSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INTEREST AND DIVIDENDS RECEIVABLE 695    


TY 2025 OtherExpensesSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSE 3,201 64   3,137
INSURANCE 3,140 0   3,140
LICENSES & FEES 857 0   857
DUES AND MEMBERSHIPS 1,000 0   1,000


TY 2025 OtherIncomeSchedule2
Name:
LAMB FOUNDATION
EIN:
23-7120564
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 1,793 1,793 1,793


TY 2025 OtherProfessionalFeesSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISOR FEES 42,349 42,349   0


TY 2025 TaxesSchedule
Name:
LAMB FOUNDATION
EIN:
23-7120564
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 1,942 1,942   0
FEDERAL TAXES 5,650 0   0