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
VIRGIL ADKINS TRUST 117702
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 207
 
Room/suite
City or town
EVANSVILLE
State or province
IN
Country  
ZIP or foreign postal code
477020207
A Employer identification number

41-1642234
B Telephone number (see instructions)

8124641584
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)$1,494,459
J 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... 41,255 41,041  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 106,057
b Gross sales price for all assets on line 6a 710,730
7 Capital gain net income (from Part IV, line 2)... 106,057
8 Net short-term capital gain......... 0
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).......      
12 Total. Add lines 1 through 11........ 147,312 147,098  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 19,764 4,583   15,181
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... 400 200 0 200
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 2,333 435   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 25     25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,522 5,218 0 15,406
25 Contributions, gifts, grants paid....... 64,501 64,501
26 Total expenses and disbursements. Add lines 24 and 25 ................ 87,023 5,218 0 79,907
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 60,289
b Net investment income (if negative, enter -0-) 141,880
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............   35 35
2 Savings and temporary cash investments......... 50,275 55,275 55,275
3 Accounts receivable  
Less: allowance for doubtful accounts     0 0
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 0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 288,172 274,049 429,333
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)..........     0
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) 891,802 960,642 1,009,816
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,230,249 1,290,001 1,494,459
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
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........ 1,230,249 1,290,001
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,230,249 1,290,001
30 Total liabilities and net assets/fund balances (see instructions). 1,230,249 1,290,001
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
1,230,249
2
Enter amount from Part I, line 27a .....................
2
60,289
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,290,538
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
537
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
1,290,001
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 4. AMERICAN EXPRESS CO   2023-12-27 2025-01-16
b 1. AMERIPRISE FINANCIAL INC   2024-11-18 2025-01-16
c 1. AMERIPRISE FINANCIAL INC   2023-10-18 2025-01-16
d 2. BLACKSTONE INC   2024-11-18 2025-01-16
e 2. BLACKSTONE INC   2022-02-14 2025-01-16
7. CHIPOTLE MEXICAN GRILL INC   2024-11-18 2025-01-16
11. CHIPOTLE MEXICAN GRILL INC     2025-01-16
4. DICK'S SPORTING GOODS INC     2025-01-16
10.833 EATON VANCE E/M DBT OPP-I   2023-02-01 2025-01-16
1. META PLATFORMS INC-CLASS A   2024-07-11 2025-01-16
1. ELI LILLY & CO   2022-02-14 2025-01-16
2. MARRIOTT INTERNATIONAL INC CL A   2024-11-18 2025-01-16
32. MARRIOTT INTERNATIONAL INC CL A     2025-01-16
1. MASTERCARD INC - A   2023-10-18 2025-01-16
4. MERCK & CO. INC.   2024-04-12 2025-01-16
1. NETFLIX INC   2024-12-09 2025-01-16
6. NVIDIA CORP   2024-10-11 2025-01-16
3. PROCTER & GAMBLE     2025-01-16
3. QUANTA SERVICES INC   2023-10-18 2025-01-16
1. T-MOBILE US INC   2024-12-09 2025-01-16
2. T-MOBILE US INC   2023-10-18 2025-01-16
13. TAIWAN SEMICONDUCTOR-SP ADR   2022-02-14 2025-01-16
1. UNION PACIFIC CORP   2024-08-19 2025-01-16
3. TRANE TECHNOLOGIES PLC     2025-01-16
8. APPLE COMPUTER INC   2023-10-18 2025-02-13
1. COSTCO WHOLESALE CORP (NEW)   2023-10-18 2025-02-13
51.272 FIDELITY OVERSEAS FUND-RTL   2017-05-04 2025-02-13
15. GE HEALTHCARE TECHNOLOGY   2024-10-11 2025-02-13
3. INTRNATL BUSINESS MACHINES CORP     2025-02-13
11. KROGER CO   2024-06-13 2025-02-13
2. LULULEMON ATHLETICA INC   2022-02-14 2025-02-13
1. LULULEMON ATHLETICA INC   2023-10-18 2025-02-13
97. MERCK & CO. INC.     2025-02-13
4. NVIDIA CORP   2024-10-11 2025-02-13
1. NVIDIA CORP   2023-10-18 2025-02-13
4. NXP SEMICONDUCTORS NV     2025-02-13
48.536 BAIRD ULTRA SHORT BOND-INST   2023-03-15 2025-03-18
517.689 BAIRD CORE PLUS BOND-INST   2023-02-01 2025-03-18
71.845 EATON VANCE E/M DBT OPP-I   2023-02-01 2025-03-18
107.462 FMI INTERNATIONAL FUND-INST   2024-02-20 2025-03-18
575.711 FED HERM TTL RTRN BND-R6     2025-03-18
87.55 FIDELITY OVERSEAS FUND-RTL   2024-02-20 2025-03-18
147.894 GUGGENHEIM TOT RET BND-INST   2023-02-01 2025-03-18
19.351 BRNDYWNGLBL CORP CRDT-I   2024-10-11 2025-03-18
29. NOVO-NORDISK A/S-SPONS ADR     2025-03-18
67. NOVO-NORDISK A/S-SPONS ADR     2025-03-18
10.031 PIMCO INTL BND USD HGD-INS   2024-05-13 2025-03-18
329.94 RBC EMERGING MARKETS EQ-I   2024-08-19 2025-03-18
2. AVALONBAY COMMUNITIES INC   2024-11-18 2025-04-10
26. AVALONBAY COMMUNITIES INC     2025-04-10
82.694 BAIRD ULTRA SHORT BOND-INST   2024-07-11 2025-04-10
57.245 BAIRD ULTRA SHORT BOND-INST   2023-03-15 2025-04-10
373.797 BAIRD CORE PLUS BOND-INST     2025-04-10
329.496 BAIRD CORE PLUS BOND-INST   2023-02-01 2025-04-10
32.129 EATON VANCE E/M DBT OPP-I   2024-10-11 2025-04-10
868.441 FED HERM TTL RTRN BND-R6     2025-04-10
193.992 GUGGENHEIM TOT RET BND-INST     2025-04-10
67.153 BRNDYWNGLBL CORP CRDT-I     2025-04-10
3. NETFLIX INC     2025-04-10
141.197 PIMCO INTL BND USD HGD-INS   2024-05-13 2025-04-10
1. AMERICAN EXPRESS CO   2024-02-16 2025-05-21
1. AMERIPRISE FINANCIAL INC   2024-02-16 2025-05-21
4. AMGEN INC     2025-05-21
1. AMGEN INC   2023-10-18 2025-05-21
13. ARISTA NETWORKS INC   2025-02-13 2025-05-21
4. ARISTA NETWORKS INC   2024-04-12 2025-05-21
2. BLACKSTONE INC   2024-12-16 2025-05-21
22. CHIPOTLE MEXICAN GRILL INC   2023-10-18 2025-05-21
1. COSTCO WHOLESALE CORP (NEW)   2023-10-18 2025-05-21
6. DUPONT DE NEMOURS INC   2025-03-18 2025-05-21
2. DUPONT DE NEMOURS INC   2023-10-18 2025-05-21
38.635 FMI INTERNATIONAL FUND-INST   2024-02-20 2025-05-21
1. FIDELITY NATIONAL INFO SERV   2024-12-09 2025-05-21
13. FIDELITY NATIONAL INFO SERV   2023-10-18 2025-05-21
50.024 FIDELITY OVERSEAS FUND-RTL     2025-05-21
7. GE HEALTHCARE TECHNOLOGY   2024-10-11 2025-05-21
7. INTRNATL BUSINESS MACHINES CORP     2025-05-21
6. JACOBS SOLUTIONS INC     2025-05-21
25. KIMCO REALTY CORP   2025-04-10 2025-05-21
18. KROGER CO     2025-05-21
1. ELI LILLY & CO   2025-03-18 2025-05-21
2. ELI LILLY & CO   2022-02-14 2025-05-21
3. LULULEMON ATHLETICA INC   2025-01-16 2025-05-21
2. LULULEMON ATHLETICA INC   2022-02-14 2025-05-21
1. LULULEMON ATHLETICA INC   2023-09-20 2025-05-21
122.25 MFS MID CAP GROWTH FUND-R6   2025-01-16 2025-05-21
3. MASTERCARD INC - A   2023-10-18 2025-05-21
2. MICROSOFT CORP   2024-02-16 2025-05-21
1. NETFLIX INC   2022-02-14 2025-05-21
17. NVIDIA CORP   2023-10-18 2025-05-21
5. ORACLE CORP   2025-01-16 2025-05-21
9. PROCTER & GAMBLE     2025-05-21
3. QUANTA SERVICES INC     2025-05-21
5. QUEST DIAGNOSTICS INC   2025-03-18 2025-05-21
196.647 RBC EMERGING MARKETS EQ-I   2024-08-19 2025-05-21
2. SHELL PLC-ADR   2025-03-18 2025-05-21
8. SHELL PLC-ADR   2023-12-27 2025-05-21
13. SOUTHERN CO   2024-02-16 2025-05-21
2. T-MOBILE US INC   2025-04-10 2025-05-21
4. T-MOBILE US INC     2025-05-21
11. TAIWAN SEMICONDUCTOR-SP ADR     2025-05-21
11. TAIWAN SEMICONDUCTOR-SP ADR     2025-05-21
7. TOLL BROTHERS INC   2024-08-19 2025-05-21
3. UNION PACIFIC CORP     2025-05-21
30. UNION PACIFIC CORP     2025-05-21
9. ZOETIS INC   2025-02-13 2025-05-21
4. TRANE TECHNOLOGIES PLC   2024-03-18 2025-05-21
3. NXP SEMICONDUCTORS NV   2023-10-18 2025-05-21
.5284 AMENTUM HOLDINGS INC     2025-06-04
.7299 AMENTUM HOLDINGS INC     2025-06-13
2.2701 AMENTUM HOLDINGS INC   2022-02-14 2025-06-13
3. DICK'S SPORTING GOODS INC   2025-03-18 2025-06-13
3. DICK'S SPORTING GOODS INC   2025-03-18 2025-06-13
5. DICK'S SPORTING GOODS INC   2024-05-10 2025-06-13
1. ELI LILLY & CO   2022-02-14 2025-06-13
14. ORACLE CORP   2025-01-16 2025-06-13
10. PHILLIPS 66   2024-11-18 2025-06-13
3. PHILLIPS 66   2024-11-18 2025-06-13
8. SHELL PLC-ADR   2023-12-27 2025-06-13
6. NXP SEMICONDUCTORS NV   2025-03-18 2025-06-13
32. NXP SEMICONDUCTORS NV     2025-06-13
993.591 FMI INTERNATIONAL FUND-INST     2025-07-16
395.186 FIDELITY OVERSEAS FUND-RTL     2025-07-16
996.619 FIDELITY SM CAP GRW INDX     2025-07-16
139. GE HEALTHCARE TECHNOLOGY     2025-07-16
670.727 RBC EMERGING MARKETS EQ-I   2024-08-19 2025-07-16
120.694 WILLIAM BLAIR SM CAP VAL-I     2025-07-16
784.762 WILLIAM BLAIR SM CAP VAL-I     2025-07-16
2. APPLE COMPUTER INC     2025-09-22
32. ARISTA NETWORKS INC     2025-09-22
22. LULULEMON ATHLETICA INC     2025-09-22
12. LULULEMON ATHLETICA INC     2025-09-22
10. NVIDIA CORP   2023-10-18 2025-09-22
10.358 OBERWEIS SML CAP OPPORT-INST   2025-07-16 2025-09-22
23. ORACLE CORP     2025-09-22
25. TAIWAN SEMICONDUCTOR-SP ADR     2025-09-22
2. ASML HOLDING NV-NY REG SHS   2025-06-13 2025-09-22
1. ADOBE SYSTEMS INC   2025-09-22 2025-10-10
2. AMGEN INC   2025-07-16 2025-10-10
5. ARISTA NETWORKS INC   2023-03-14 2025-10-10
3. DUPONT DE NEMOURS INC   2023-10-18 2025-10-10
1. META PLATFORMS INC-CLASS A   2025-09-22 2025-10-10
2. INTRNATL BUSINESS MACHINES CORP   2024-09-12 2025-10-10
5. KROGER CO   2025-07-16 2025-10-10
13. ELI LILLY & CO     2025-10-10
1. MICROSOFT CORP   2023-10-18 2025-10-10
3. PHILLIPS 66   2024-11-18 2025-10-10
2. PROCTER & GAMBLE   2025-04-10 2025-10-10
1. QUANTA SERVICES INC   2024-08-19 2025-10-10
2. QUEST DIAGNOSTICS INC   2025-03-18 2025-10-10
1. SALESFORCE INC   2025-09-22 2025-10-10
3. SOUTHERN CO   2024-02-16 2025-10-10
68. ZOETIS INC     2025-10-10
1. TRANE TECHNOLOGIES PLC   2025-07-16 2025-10-10
3. ADOBE SYSTEMS INC   2025-09-22 2025-11-25
22. ALPHABET INC-CL A     2025-11-25
14. AMERICAN EXPRESS CO     2025-11-25
4. AMERIPRISE FINANCIAL INC     2025-11-25
7. AMGEN INC     2025-11-25
20. APPLE COMPUTER INC     2025-11-25
4. ARISTA NETWORKS INC   2024-11-18 2025-11-25
13. BATH & BODY WORKS INC   2025-09-22 2025-11-25
4. BLACKSTONE INC   2025-09-22 2025-11-25
2. COSTCO WHOLESALE CORP (NEW)   2025-07-16 2025-11-25
24.638 INTERNATIONAL CORE EQUITY 2   2025-07-16 2025-11-25
7. DANAHER CORP   2025-10-10 2025-11-25
6. DICK'S SPORTING GOODS INC   2025-07-16 2025-11-25
3. DICK'S SPORTING GOODS INC   2024-05-10 2025-11-25
19. DUPONT DE NEMOURS INC     2025-11-25
99. DUPONT DE NEMOURS INC     2025-11-25
1. META PLATFORMS INC-CLASS A   2025-02-13 2025-11-25
19. FIDELITY NATIONAL INFO SERV     2025-11-25
380.823 JPMORGAN MID CAP VALUE-L     2025-11-25
1599.115 JPMORGAN MID CAP VALUE-L     2025-11-25
13. INTRNATL BUSINESS MACHINES CORP   2024-09-12 2025-11-25
6. JACOBS SOLUTIONS INC   2025-07-16 2025-11-25
4. JACOBS SOLUTIONS INC   2024-08-19 2025-11-25
4. KLA CORP     2025-11-25
64. KIMCO REALTY CORP     2025-11-25
14. KROGER CO     2025-11-25
2. KROGER CO   2024-06-13 2025-11-25
3. ELI LILLY & CO     2025-11-25
173.017 MFS MID CAP GROWTH FUND-R6     2025-11-25
1680.999 MFS MID CAP GROWTH FUND-R6     2025-11-25
3. MASTERCARD INC - A     2025-11-25
3. MICROSOFT CORP   2025-06-13 2025-11-25
1. MICROSOFT CORP   2023-10-18 2025-11-25
20. NETFLIX INC     2025-11-25
3. NETFLIX INC   2022-02-14 2025-11-25
5. NVIDIA CORP   2025-10-10 2025-11-25
25. NVIDIA CORP   2023-10-18 2025-11-25
172.888 OBERWEIS SML CAP OPPORT-INST   2025-07-16 2025-11-25
18. PHILLIPS 66     2025-11-25
5. PROCTER & GAMBLE     2025-11-25
9.5 QNITY ELECTRONICS INC     2025-11-25
49.5 QNITY ELECTRONICS INC     2025-11-25
17. QUANTA SERVICES INC     2025-11-25
8. QUEST DIAGNOSTICS INC   2025-03-18 2025-11-25
191.027 RBC EMERGING MARKETS EQ-I   2024-08-19 2025-11-25
24. ROCHE HLDG LTD SPONSORED ADR   2025-10-10 2025-11-25
28. SHELL PLC-ADR   2023-12-27 2025-11-25
6. SALESFORCE INC   2025-09-22 2025-11-25
9. SOUTHERN CO     2025-11-25
9. T-MOBILE US INC     2025-11-25
6. TAIWAN SEMICONDUCTOR-SP ADR   2025-10-10 2025-11-25
8. TAIWAN SEMICONDUCTOR-SP ADR     2025-11-25
4. THERMO ELECTRON CORP   2025-10-10 2025-11-25
9. TOLL BROTHERS INC   2023-08-31 2025-11-25
202.017 UNDISC MGRS BEHAV VAL-R6   2025-07-16 2025-11-25
3. TRANE TECHNOLOGIES PLC     2025-11-25
1. TRANE TECHNOLOGIES PLC   2024-03-18 2025-11-25
3. ASML HOLDING NV-NY REG SHS     2025-11-25
6. ALBEMARLE CORP   2025-11-25 2025-12-15
2. AMERIPRISE FINANCIAL INC   2023-10-18 2025-12-15
35.149 BAIRD ULTRA SHORT BOND-INST   2024-05-13 2025-12-15
489.554 BAIRD CORE PLUS BOND-INST   2023-02-01 2025-12-15
5. BLACKSTONE INC   2025-02-13 2025-12-15
9. BLACKSTONE INC     2025-12-15
90. CHIPOTLE MEXICAN GRILL INC     2025-12-15
258. CHIPOTLE MEXICAN GRILL INC     2025-12-15
62.17 INTERNATIONAL CORE EQUITY 2   2025-07-16 2025-12-15
102.735 EATON VANCE E/M DBT OPP-I     2025-12-15
.005 FMI INTERNATIONAL FUND-INST   2025-11-25 2025-12-15
75.74 FMI INTERNATIONAL FUND-INST   2019-03-18 2025-12-15
591.072 FED HERM TTL RTRN BND-R6   2022-12-09 2025-12-15
31.576 FIDELITY OVERSEAS FUND-RTL   2025-09-22 2025-12-15
23.03 FIDELITY OVERSEAS FUND-RTL     2025-12-15
140.917 GUGGENHEIM TOT RET BND-INST   2023-02-01 2025-12-15
1. KLA CORP   2025-07-16 2025-12-15
28.739 BRNDYWNGLBL CORP CRDT-I     2025-12-15
89.949 OBERWEIS SML CAP OPPORT-INST   2025-07-16 2025-12-15
42.045 PIMCO INTL BND USD HGD-INS   2024-05-13 2025-12-15
100.199 PUTNAM LARGE CAP VALUE-R6   2025-11-25 2025-12-15
157.465 RBC EMERGING MARKETS EQ-I   2024-08-19 2025-12-15
7. TAIWAN SEMICONDUCTOR-SP ADR   2023-10-18 2025-12-15
6.615 UNDISC MGRS BEHAV VAL-R6   2025-07-16 2025-12-15
16.779 VANGUARD GROWTH INDEX-ADM   2025-11-25 2025-12-15
1.914 VICTORY SYCAMORE EST VAL-R6   2025-11-25 2025-12-15
1. ASML HOLDING NV-NY REG SHS   2025-06-13 2025-12-15
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,244   745 499
b 544   566 -22
c 544   326 218
d 351   364 -13
e 351   235 116
411   414 -3
647   404 243
910   808 102
87   79 8
613   514 99
760   234 526
552   563 -11
8,830   5,526 3,304
524   396 128
402   501 -99
850   915 -65
802   812 -10
481   511 -30
1,005   520 485
215   231 -16
431   280 151
2,799   1,559 1,240
234   245 -11
1,167   978 189
1,928   1,414 514
1,071   575 496
3,509   2,353 1,156
1,406   1,366 40
772   657 115
725   554 171
786   633 153
393   410 -17
8,263   11,012 -2,749
539   541 -2
135   42 93
873   909 -36
492   487 5
5,265   5,301 -36
584   524 60
3,980   3,717 263
5,440   5,543 -103
6,043   5,459 584
3,517   3,588 -71
204   206 -2
2,333   3,804 -1,471
5,391   8,314 -2,923
99   99  
4,599   4,550 49
387   458 -71
5,032   4,441 591
836   837 -1
579   575 4
3,738   3,742 -4
3,295   3,374 -79
252   254 -2
8,103   8,228 -125
4,536   4,581 -45
687   710 -23
2,785   1,587 1,198
1,385   1,389 -4
291   214 77
517   400 117
1,088   1,201 -113
272   284 -12
1,234   1,424 -190
380   269 111
282   330 -48
1,124   807 317
1,036   575 461
412   466 -54
137   149 -12
1,447   1,336 111
80   84 -4
1,042   684 358
3,636   3,125 511
491   637 -146
1,845   1,696 149
764   675 89
523   496 27
1,243   1,217 26
734   819 -85
1,468   468 1,000
975   1,124 -149
650   633 17
325   391 -66
3,905   3,977 -72
1,720   1,187 533
913   813 100
1,207   407 800
2,327   719 1,608
802   801 1
1,491   1,523 -32
1,042   600 442
856   866 -10
2,849   2,712 137
134   141 -7
536   530 6
1,170   863 307
484   516 -32
969   1,037 -68
2,140   2,222 -82
2,140   1,366 774
750   914 -164
678   721 -43
6,776   6,826 -50
1,466   1,456 10
1,728   1,173 555
638   580 58
11   10 1
17   15 2
52   37 15
537   589 -52
537   589 -52
895   988 -93
819   234 585
2,942   2,242 700
1,231   1,322 -91
369   397 -28
575   530 45
1,275   1,254 21
6,798   5,649 1,149
37,846   31,908 5,938
29,271   18,281 10,990
27,985   26,365 1,620
10,443   12,401 -1,958
10,235   9,249 986
3,427   3,509 -82
22,279   21,595 684
510   360 150
4,667   1,555 3,112
3,812   6,630 -2,818
2,079   3,718 -1,639
1,829   423 1,406
308   274 34
7,460   5,327 2,133
6,875   2,478 4,397
1,918   1,530 388
338   363 -25
587   592 -5
778   190 588
228   224 4
715   770 -55
565   425 140
342   357 -15
11,002   2,004 8,998
516   332 184
383   397 -14
300   329 -29
425   264 161
364   346 18
242   249 -7
293   199 94
9,589   10,912 -1,323
418   435 -17
954   1,088 -134
7,177   3,892 3,285
4,998   3,138 1,860
1,784   2,037 -253
2,348   1,886 462
5,505   1,836 3,669
490   371 119
208   339 -131
567   736 -169
1,773   1,910 -137
483   452 31
1,590   1,423 167
1,211   1,223 -12
606   593 13
735   515 220
3,828   2,872 956
624   722 -98
1,235   1,468 -233
14,631   14,342 289
61,438   62,121 -683
3,958   2,761 1,197
797   807 -10
532   485 47
4,521   3,728 793
1,311   1,330 -19
908   972 -64
130   101 29
3,221   1,556 1,665
5,649   5,299 350
54,885   37,856 17,029
1,624   1,662 -38
1,423   1,430 -7
474   332 142
2,123   2,527 -404
318   122 196
874   947 -73
4,370   1,057 3,313
5,066   4,580 486
2,388   2,306 82
738   774 -36
693   738 -45
3,613   4,115 -502
7,483   2,951 4,532
1,534   1,385 149
3,219   2,634 585
1,156   1,092 64
2,049   1,856 193
1,361   1,496 -135
801   833 -32
1,869   2,139 -270
1,687   1,732 -45
2,250   1,202 1,048
2,333   2,107 226
1,187   736 451
17,028   16,957 71
1,235   1,278 -43
412   293 119
2,981   2,478 503
795   718 77
982   652 330
357   355 2
5,047   5,013 34
757   783 -26
1,363   1,099 264
3,238   4,052 -814
9,283   7,648 1,635
1,249   1,141 108
877   794 83
       
3,014   2,358 656
5,657   5,686 -29
2,266   2,365 -99
1,653   1,150 503
3,395   3,419 -24
1,239   907 332
301   302 -1
2,690   2,383 307
417   414 3
4,113   4,000 113
2,704   2,171 533
2,039   625 1,414
537   555 -18
4,169   4,188 -19
88   89 -1
1,095   765 330
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
      10,747
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       499
b       -22
c       218
d       -13
e       116
      -3
      243
      102
      8
      99
      526
      -11
      3,304
      128
      -99
      -65
      -10
      -30
      485
      -16
      151
      1,240
      -11
      189
      514
      496
      1,156
      40
      115
      171
      153
      -17
      -2,749
      -2
      93
      -36
      5
      -36
      60
      263
      -103
      584
      -71
      -2
      -1,471
      -2,923
       
      49
      -71
      591
      -1
      4
      -4
      -79
      -2
      -125
      -45
      -23
      1,198
      -4
      77
      117
      -113
      -12
      -190
      111
      -48
      317
      461
      -54
      -12
      111
      -4
      358
      511
      -146
      149
      89
      27
      26
      -85
      1,000
      -149
      17
      -66
      -72
      533
      100
      800
      1,608
      1
      -32
      442
      -10
      137
      -7
      6
      307
      -32
      -68
      -82
      774
      -164
      -43
      -50
      10
      555
      58
      1
      2
      15
      -52
      -52
      -93
      585
      700
      -91
      -28
      45
      21
      1,149
      5,938
      10,990
      1,620
      -1,958
      986
      -82
      684
      150
      3,112
      -2,818
      -1,639
      1,406
      34
      2,133
      4,397
      388
      -25
      -5
      588
      4
      -55
      140
      -15
      8,998
      184
      -14
      -29
      161
      18
      -7
      94
      -1,323
      -17
      -134
      3,285
      1,860
      -253
      462
      3,669
      119
      -131
      -169
      -137
      31
      167
      -12
      13
      220
      956
      -98
      -233
      289
      -683
      1,197
      -10
      47
      793
      -19
      -64
      29
      1,665
      350
      17,029
      -38
      -7
      142
      -404
      196
      -73
      3,313
      486
      82
      -36
      -45
      -502
      4,532
      149
      585
      64
      193
      -135
      -32
      -270
      -45
      1,048
      226
      451
      71
      -43
      119
      503
      77
      330
      2
      34
      -26
      264
      -814
      1,635
      108
      83
       
      656
      -29
      -99
      503
      -24
      332
      -1
      307
      3
      113
      533
      1,414
      -18
      -19
      -1
      330
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 106,057
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 1,972
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 1,972
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 1,972
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 1,600
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 14
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 386
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 tax0 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
MN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website address  
14
The books are in care ofOLD NATIONAL WEALTH MGMT Telephone no. (812) 464-1584

Located atPO 207EVANSVILLEIN ZIP+4477020207
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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
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
 
No
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
OLD NATIONAL WEALTH MGMT CO-TRUSTEE
1
19,264    
PO BOX 207
EVANSVILLE,IN477020207
MARK TORELL CO-TRUSTEE
1
500    
PO BOX 427
FOLEY,MN56329
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.........................  
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
1,455,759
b
Average of monthly cash balances.......................
1b
33,418
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
1,489,177
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
1,489,177
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
22,338
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,466,839
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
73,342
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
73,342
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
1,972
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,972
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
71,370
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
71,370
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
71,370
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
79,907
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
79,907
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 71,370
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 64,079
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 79,907
a Applied to 2024, but not more than line 2a 64,079
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..... 15,828
e Remaining amount distributed out of corpus 0
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 0
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 ..........
55,542
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 ......
0
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 0
d Excess from 2024 .... 0
e Excess from 2025 .... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

Courage Kenny Foundation
c/o Allina Health Foundation
2925 CHICAGO AVE
Minneapolis,MN55407
NONE   PROGRAM SUPPORT 9,675

Vision Loss Resources Inc
c/o Charles Stroud Controller
3230 SPRUCE STREET
Little Canada,MN55117
NONE   PROGRAM SUPPORT 25,800

Sight & Hearing Association
c/o Kathy Webb Executive Director
1430 CONCORDIA AVE 40009
St Paul,MN55104
NONE   GRAL OPERATING CHARITABLE 19,350

Foley School District

621 PENN ST
Foley,MN56329
NONE   SCHOLARSHIPS 4,838

Milaca Public Schools
c/o Damian Patnode Principal
500 HIGHWAY 23 W
Milaca,MN56353
NONE   SCHOLARSHIPS 4,838
Total ................................. 3a 64,501
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
         
4 Dividends and interest from securities ....     14 41,255  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
    18 106,057  
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) ..   147,312  
13Total. Add line 12, columns (b), (d), and (e)..................
13
147,312
(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:
VIRGIL ADKINS TRUST 117702
EIN:
41-1642234
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 400 200   200

TY 2025 OtherDecreasesSchedule
Name:
VIRGIL ADKINS TRUST 117702
EIN:
41-1642234
Description Amount
COST BASIS ADJ 523
NON-TAXABLE ADJ 14


TY 2025 OtherExpensesSchedule
Name:
VIRGIL ADKINS TRUST 117702
EIN:
41-1642234
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE FILING FEE 25 0   25


TY 2025 TaxesSchedule
Name:
VIRGIL ADKINS TRUST 117702
EIN:
41-1642234
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 88 88   0
FEDERAL TAX PAYMENT - PRIOR YE 298 0   0
FEDERAL ESTIMATES - PRINCIPAL 1,600 0   0
FOREIGN TAXES ON QUALIFIED FOR 253 253   0
FOREIGN TAXES ON NONQUALIFIED 94 94   0