TY 2025 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

OMB No. 1545-0047

2025

Open to Public Inspection

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

Name of foundation
JEAN ESTES EPSTEIN CHARITABLE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 3170 DEPT 715
Room/suite

City or town
HONOLULU

State or province
HI

Country

ZIP or foreign postal code
968023170

A Employer identification number

26-3478306

B Telephone number (see instructions)

8886433888

C If exemption application is pending, check here

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

Address change Name change

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

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

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

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

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

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$9,209,315J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .................
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	194,260		194,260
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		412,707
b	Gross sales price for all assets on line 6a 1,699,789
7	Capital gain net income (from Part IV, line 2)...			412,707
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).......	List of Attached Documents: // Content	10	10
12	Total. Add lines 1 through 11........	606,977		606,977
13	Compensation of officers, directors, trustees, etc.	76,251		38,126		38,125
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).......
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	53,674	53,674		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	17,751	4,250		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).......	List of Attached Documents: // Content	5,511	11		5,500
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	153,187		96,061	0	43,625
25	Contributions, gifts, grants paid.......	310,530				310,530
26	Total expenses and disbursements. Add lines 24 and 25 ................	463,717		96,061	0	354,155
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	143,260
b	Net investment income (if negative, enter -0-)			510,916
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	6,086	6,472	6,472
	2	Savings and temporary cash investments.........	328,749	343,147	343,147
	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).......
	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)..........	4,969,013	List of Attached Documents: // Content 5,099,643	8,859,696
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	5,303,848	5,449,262	9,209,315
	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
		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........	5,303,848	5,449,262
	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).....	5,303,848	5,449,262
	30	Total liabilities and net assets/fund balances (see instructions).	5,303,848	5,449,262

Part III

Analysis of Changes in Net Assets or Fund Balances

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

5,303,848

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

143,260

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

List of Attached Documents:

// Content

2,154

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

5,449,262

Decreases not included in line 2 (itemize)

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

5,449,262

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	11. ABBVIE INC		2025-04-07	2025-07-08
b	18. ABBVIE INC		2025-08-07	2025-09-02
c	5. ADOBE SYSTEMS INC		2024-09-10	2025-04-07
d	2. ADOBE SYSTEMS INC		2023-09-14	2025-04-07
e	1. AIR PRODUCTS & CHEMICAL INC		2024-04-17	2025-01-06
	10. AIR PRODUCTS & CHEMICAL INC		2024-04-17	2025-04-07
	23. AIR PRODUCTS & CHEMICAL INC		2022-03-16	2025-04-07
	1. ALPHABET INC CL C		2022-03-16	2025-01-06
	50. ALPHABET INC CL C		2016-06-29	2025-01-31
	6. ALPHABET INC CL C		2025-07-08	2025-08-07
	9. ALPHABET INC CL A		2024-11-08	2025-04-07
	34. ALPHABET INC CL A		2010-09-08	2025-04-07
	3. ALPHABET INC CL A		2025-08-07	2025-11-14
	1. AMAZON.COM INC		2020-09-08	2025-01-06
	9. AMAZON.COM INC		2025-07-08	2025-08-07
	7. AMERICAN INTL GROUP		2025-07-08	2025-10-09
	13. AMERICAN INTL GROUP		2025-04-07	2025-11-14
	1. APOLLO GLOBAL MGMT INC		2025-08-07	2025-11-14
	1. APPLE COMPUTER		2010-09-08	2025-01-06
	34. APPLE COMPUTER		2010-09-08	2025-04-07
	32. APPLE COMPUTER		2010-09-08	2025-07-08
	1. APPLOVIN CORP-CLASS A		2024-04-17	2025-01-06
	19. APPLOVIN CORP-CLASS A		2025-04-07	2025-07-08
	5. APPLOVIN CORP-CLASS A		2025-04-07	2025-10-09
	29. APPLOVIN CORP-CLASS A		2024-04-17	2025-10-09
	17. ASTERA LABS INC		2024-09-10	2025-01-06
	4. ASTERA LABS INC		2025-07-08	2025-08-07
	24. ASTERA LABS INC		2025-04-07	2025-10-09
	4. ASTRAZENECA PLC SP ADR		2025-08-07	2025-11-14
	1. AUTOZONE INC		2024-11-08	2025-01-06
	2. AUTOZONE INC		2021-06-21	2025-04-07
	16. BJ'S WHOLESALE CLUB HOLDINGS		2025-04-07	2025-07-08
	2. BJ'S WHOLESALE CLUB HOLDINGS		2025-04-07	2025-11-14
	77. BALL CORP		2025-04-07	2025-04-24
	83. BANK OF AMERICA CORP		2025-04-07	2025-07-08
	44.029 ISHARES S&P 500 INDEX FUND		2025-04-07	2025-07-08
	22.487 ISHARES S&P 500 INDEX FUND		2025-04-07	2025-10-09
	12.552 ISHARES S&P 500 INDEX FUND		2025-04-07	2025-11-14
	2.45 ISHARES S&P 500 INDEX FUND		2016-01-12	2025-11-14
	160. BAXTER INTL INC		2025-01-06	2025-04-07
	2. BERKSHIRE HATHAWAY INC CL B		2024-04-17	2025-04-07
	30. BERKSHIRE HATHAWAY INC CL B		2012-06-08	2025-04-07
	16. BIONTECH SE-ADR		2024-10-29	2025-04-07
	14. BLACKROCK FUNDING INC		2024-11-08	2025-04-07
	15. BOSTON SCIENTIFIC CORP		2023-07-11	2025-04-07
	11. BOSTON SCIENTIFIC CORP		2023-07-11	2025-07-08
	26. BROADCOM INC		2025-04-07	2025-07-08
	4. BROADCOM INC		2024-09-10	2025-08-07
	9. BROADCOM INC		2024-04-17	2025-08-07
	7. BURLINGTON STORES INC.		2024-11-08	2025-01-06
	9. CADENCE DESIGN SYSTEMS INC		2025-01-06	2025-06-23
	4. CADENCE DESIGN SYSTEMS INC		2024-04-17	2025-06-23
	14. CAMECO CORPORATION		2024-09-10	2025-01-06
	33. CAMECO CORPORATION		2024-09-10	2025-04-07
	44. CAMECO CORPORATION		2024-09-10	2025-04-24
	25. CAMECO CORPORATION		2025-08-07	2025-08-21
	11. CAPITAL ONE FINANCIAL CORP		2025-04-07	2025-11-14
	14. CARDINAL HEALTH, INC. COMMON		2025-07-08	2025-08-07
	13. CARDINAL HEALTH, INC. COMMON		2025-04-07	2025-08-21
	29. CARRIER GLOBAL CORP		2024-04-17	2025-04-07
	129. CARRIER GLOBAL CORP		2022-08-11	2025-04-07
	8. CHEVRONTEXACO CORP		2024-04-17	2025-04-07
	37. CHEVRONTEXACO CORP		2020-05-29	2025-04-07
	32. CISCO SYSTEMS		2024-11-08	2025-08-07
	26. CITIGROUP INC		2025-07-08	2025-10-09
	7. CITIGROUP INC		2025-04-07	2025-11-14
	22. CLOUDFLARE INC CLASS A		2025-04-07	2025-07-08
	16. COCA COLA CO		2025-08-07	2025-11-14
	56. COHERENT CORP		2025-08-07	2025-09-02
	9. CONSTELLATION ENERGY		2025-07-08	2025-10-09
	5. CONSTELLATION ENERGY		2025-07-08	2025-11-14
	266. CORE SCIENTIFIC INC		2025-04-07	2025-07-08
	11. CORTEVA INC		2025-07-08	2025-10-09
	125. DELTA AIR LINES INC		2024-12-18	2025-04-07
	38. DIAGEO PLC - SPONSORED ADR		2024-01-04	2025-04-07
	1. DISNEY WALT CO		2025-01-06	2025-04-07
	73. DISNEY WALT CO		2023-07-11	2025-04-07
	193.729 DODGE & COX INTERNATIONAL STOCK FUND CLA		2025-01-06	2025-04-07
	535.183 DODGE & COX INTERNATIONAL STOCK FUND CLA		2015-09-28	2025-04-07
	73.812 DODGE & COX INTERNATIONAL STOCK FUND CLA		2015-09-28	2025-08-07
	21.776 DODGE & COX INTERNATIONAL STOCK FUND CLA		2025-10-09	2025-11-14
	63.026 DODGE & COX INTERNATIONAL STOCK FUND CLA		2015-09-28	2025-11-14
	9. DOOR DASH INC - A		2025-07-08	2025-08-21
	8. DRAFTKINGS INC CL A		2024-09-10	2025-01-06
	43. DRAFTKINGS INC CL A		2023-07-11	2025-01-06
	1200. DYNAVAX TECHNOLOGIES CORP		2012-02-13	2025-09-29
	48. EASTMAN CHEM CO.		2025-04-07	2025-07-08
	142. EMBRAER SA ADR		2021-01-26	2025-04-07
	3. EQUINIX INC		2024-09-10	2025-01-06
	10. EXXON MOBIL CORP		2024-04-17	2025-11-14
	50. META PLATFORMS INC CL A		2015-02-06	2025-01-31
	9. META PLATFORMS INC CL A		2025-04-07	2025-07-08
	7. META PLATFORMS INC CL A		2023-03-28	2025-07-08
	10. META PLATFORMS INC CL A		2015-02-06	2025-09-29
	158.631 FEDERATED HERMES MDT MID CAP GROWTH FUND		2024-12-18	2025-10-09
	122.163 FEDERATED HERMES TOTAL RETURN BOND FUND		2024-12-18	2025-01-06
	4671.868 FEDERATED HERMES TOTAL RETURN BOND FUND		2017-08-16	2025-04-07
	148.673 FEDERATED HERMES TOTAL RETURN BOND FUND		2024-10-29	2025-08-07
	829.857 FEDERATED HERMES TOTAL RETURN BOND FUND		2015-07-29	2025-11-14
	2. FEDEX CORPORATION		2025-07-08	2025-11-14
	88. FIRSTENERGY CORP		2025-01-06	2025-04-07
	168. FIRSTENERGY CORP		2023-03-28	2025-04-07
	18. FREEPORT MCMORAN COPPER & GOLD CLASS B		2025-07-08	2025-10-09
	11. FREEPORT MCMORAN COPPER & GOLD CLASS B		2025-07-08	2025-11-14
	163. GFL ENVIRONMENTAL INC SUB VT		2025-01-06	2025-07-08
	28. GFL ENVIRONMENTAL INC SUB VT		2024-09-19	2025-08-07
	40. GFL ENVIRONMENTAL INC SUB VT		2024-01-04	2025-08-07
	82. GFL ENVIRONMENTAL INC SUB VT		2024-01-04	2025-10-09
	25. GENERAL DYNAMICS CORP		2020-08-31	2025-04-07
	2. GENERAL MOTORS CO		2025-08-07	2025-11-14
	15. GLAUKOS CORP		2025-04-07	2025-06-23
	8. GOLDMAN SACHS GROUP INC		2020-02-03	2025-08-07
	417.492 GOLDMAN SACHS INTERNATIONAL SMALL CAP IN		2025-01-06	2025-07-08
	649.087 GOLDMAN SACHS INTERNATIONAL SMALL CAP IN		2015-07-23	2025-07-08
	495.904 GOLDMAN SACHS INTERNATIONAL SMALL CAP IN		2015-07-23	2025-08-07
	123.591 GOLDMAN SACHS INTERNATIONAL SMALL CAP IN		2025-10-09	2025-11-14
	8. HEICO CORP CL A		2025-04-07	2025-07-08
	5. HEICO CORP CL A		2024-01-04	2025-10-09
	7. HEICO CORP CL A		2024-01-04	2025-11-14
	1. HILTON WORLDWIDE HOLDINGS INC.		2025-07-08	2025-11-14
	11. HOME DEPOT INC		2020-02-03	2025-04-07
	31. HONEYWELL INTERNATIONAL INC		2025-01-06	2025-04-07
	1200. INTEL CORP		2009-12-09	2025-01-31
	262. INTEL CORP		2024-12-18	2025-04-07
	100. INTERCONTINENTAL EXCHANGE		2009-07-08	2025-01-31
	6. INTUITIVE SURGICAL INS		2025-04-24	2025-08-07
	4. INTUITIVE SURGICAL INS		2025-04-24	2025-09-24
	25. ISHARES S&P 500 INDEX FUND		2016-12-12	2025-09-29
	96. ISHARES RUSSELL MIDCAP GROWTH INDEX FUND		2024-11-08	2025-07-08
	60. JP MORGAN CHASE & CO		2023-03-28	2025-04-07
	377.207 JOHN HANCOCK III DISC M/C-IS		2025-01-06	2025-08-07
	5. JOHNSON & JOHNSON		2024-11-08	2025-04-07
	49. JOHNSON & JOHNSON		2023-03-28	2025-04-07
	131.891 JPMORGAN EMERG MRKT EQ-I		2021-01-26	2025-04-07
	90.856 JPMORGAN EMERG MRKT EQ-I		2021-01-26	2025-07-08
	90.701 JPMORGAN EMERG MRKT EQ-I		2021-01-26	2025-08-07
	200.41 JPMORGAN EMERG MRKT EQ-I		2021-01-26	2025-10-09
	59.256 JPMORGAN EMERG MRKT EQ-I		2021-01-26	2025-11-14
	84. KINDER MORGAN INC		2024-09-10	2025-04-07
	295. KINDER MORGAN INC		2023-07-11	2025-04-07
	208. PHILIPS ELECTRONICS NY SHR		2023-03-28	2025-04-07
	504.83 LAZARD EMERGING MKTS EQUITY PORT INSTL		2024-10-29	2025-07-08
	69.45 LAZARD EMERGING MKTS EQUITY PORT INSTL		2024-10-29	2025-10-09
	287.692 LAZARD EMERGING MKTS EQUITY PORT INSTL		2024-10-29	2025-11-14
	10. LIBERTY MEDIA CORP - LIB NEW C		2025-04-07	2025-07-08
	3. LIBERTY MEDIA CORP - LIB NEW C		2025-04-07	2025-10-09
	17. LIBERTY MEDIA CORP - LIB NEW C		2023-03-28	2025-10-09
	1. LILLY ELI & CO		2024-01-04	2025-01-06
	4. LILLY ELI & CO		2025-04-07	2025-07-08
	4. LILLY ELI & CO		2024-01-04	2025-08-07
	3. MARTIN MARIETTA MATERIALS		2024-12-18	2025-01-06
	24. MARVELL TECHNOLOGY INC		2025-07-08	2025-08-07
	50. MASTERCARD INC CLASS A		2015-01-16	2025-01-31
	2. MCKESSON HBOC INC		2016-03-01	2025-01-06
	1. MCKESSON HBOC INC		2025-07-08	2025-11-14
	1. MERCADOLIBRE INC		2022-08-11	2025-01-06
	2. MERCADOLIBRE INC		2022-11-29	2025-07-08
	45. MERCK & CO INC		2023-03-28	2025-04-07
	2. METHANEX CORP		2023-03-28	2025-01-06
	121. METHANEX CORP		2023-07-11	2025-04-07
	22. MICROSOFT CORP		2025-04-07	2025-07-08
	9. MICROSOFT CORP		2020-09-08	2025-07-08
	13. MICROSOFT CORP		2020-09-08	2025-08-07
	10. MICROSOFT CORP		2007-06-02	2025-09-29
	1. MOLINA HEALTHCARE INC		2023-07-11	2025-01-06
	14. MOLINA HEALTHCARE INC		2023-09-14	2025-04-07
	9. MONGODB INC		2025-08-07	2025-10-09
	99. NRG ENERGY INC		2025-04-07	2025-07-08
	14. NRG ENERGY INC		2025-08-07	2025-10-09
	22. NRG ENERGY INC		2025-08-07	2025-11-14
	3. NATERA INC		2022-11-29	2025-01-06
	12. NATERA INC		2022-11-29	2025-07-08
	4. NATERA INC		2022-11-29	2025-10-09
	6. NETFLIX INC		2024-12-18	2025-07-08
	4. NETFLIX INC		2022-11-29	2025-08-07
	6. NEWMONT MINING CORP		2015-10-15	2025-01-06
	123. NEWMONT MINING CORP		2015-10-15	2025-04-07
	3. NEXTERA ENERGY INC		2025-08-07	2025-11-14
	83. NIKE INC CL B		2024-09-10	2025-04-07
	2. NORTHROP CORP		2025-07-08	2025-11-14
	1. NOVO NORDISK A S ADR		2025-09-02	2025-11-14
	2. NVIDIA CORP		2022-11-29	2025-01-06
	64. NVIDIA CORP		2025-04-07	2025-07-08
	17. NVIDIA CORP		2022-11-29	2025-07-08
	41. NVIDIA CORP		2022-11-29	2025-08-07
	25. ORACLE		2025-04-07	2025-07-08
	2. ORACLE		2025-04-07	2025-10-09
	12. ORACLE		2025-04-07	2025-11-14
	1. PAYPAL HOLDINGS INC.		2024-09-10	2025-04-07
	110. PAYPAL HOLDINGS INC.		2023-07-11	2025-04-07
	100. PAYPAL HOLDINGS INC.		2015-08-19	2025-09-29
	168. PFIZER INC		2023-07-11	2025-04-07
	101. PINTEREST INC CLASS A		2025-08-07	2025-10-09
	38. PROCTER & GAMBLE CO		2016-09-13	2025-04-07
	46.702 BECKER CONGRESS MID CAP GROWTH-INS		2025-01-06	2025-04-07
	3098.249 BECKER CONGRESS MID CAP GROWTH-INS		2016-04-11	2025-04-07
	2. PULTEGROUP INC		2025-08-07	2025-11-14
	4. QUALCOMM INC		2010-09-08	2025-10-09
	1. QUALCOMM INC		2010-09-08	2025-11-14
	1. QUEST DIAGNOSTICS INC COMMON		2020-05-29	2025-01-06
	30. QUEST DIAGNOSTICS INC COMMON		2020-05-29	2025-04-07
	1. RTX CORPORATION		2022-11-29	2025-01-06
	91. RTX CORPORATION		2024-01-04	2025-04-07
	62. ROBINHOOD MARKETS INC A		2025-01-06	2025-07-08
	30. ROBINHOOD MARKETS INC A		2025-04-07	2025-08-07
	25. ROBINHOOD MARKETS INC A		2025-04-07	2025-10-09
	13. ROBINHOOD MARKETS INC A		2025-04-07	2025-11-14
	19. ROBLOX CORP CLASS A		2025-07-08	2025-11-14
	64. SHELL PLC NPV ADR		2022-01-19	2025-04-07
	3. S&P GLOBAL INC		2018-11-21	2025-07-08
	24. SPDR TR UNIT SER 1		2013-12-30	2025-01-31
	21. SALESFORCE INC		2023-07-11	2025-04-07
	40. SANOFI ADR		2024-01-04	2025-10-09
	6. SANOFI ADR		2024-01-04	2025-11-14
	1. SAP AG SPONS ADR		2021-01-26	2025-01-06
	35. SAP AG SPONS ADR		2021-01-26	2025-04-07
	19. CHARLES SCHWAB CORP NEW		2024-11-08	2025-04-07
	35. CHARLES SCHWAB CORP NEW		2022-11-29	2025-04-07
	2. CHARLES SCHWAB CORP NEW		2025-08-07	2025-11-14
	46. SEA LTD ADR		2025-04-07	2025-07-08
	1. SEA LTD ADR		2025-08-07	2025-10-09
	10. SEA LTD ADR		2025-08-07	2025-11-14
	3. SERVICENOW INC.		2023-03-28	2025-04-07
	4. SERVICENOW INC.		2025-07-08	2025-08-07
	19. SHOPIFY INC		2025-07-08	2025-08-07
	18. SHOPIFY INC		2025-07-08	2025-08-21
	25. QXO INC		2025-09-02	2025-10-09
	21. SNOWFLAKE INC		2025-08-07	2025-08-21
	121. SOUTHERN CO		2024-01-04	2025-04-07
	9. SOUTHWEST AIRLINES		2025-08-07	2025-11-14
	122. SYSCO CORP		2024-01-04	2025-04-07
	3. TKO GROUP HOLDINGS INC		2025-04-07	2025-07-08
	2. TKO GROUP HOLDINGS INC		2025-04-07	2025-10-09
	2. T-MOBILE US INC		2025-04-07	2025-11-14
	1. TAIWAN SEMICONDUCTOR -SP ADR		2024-12-18	2025-01-06
	26. TAIWAN SEMICONDUCTOR -SP ADR		2024-12-18	2025-07-08
	9. TAIWAN SEMICONDUCTOR -SP ADR		2025-04-07	2025-08-07
	2. TAIWAN SEMICONDUCTOR -SP ADR		2025-04-07	2025-10-09
	1. TALEN ENERGY CORP		2024-11-08	2025-01-06
	5. TALEN ENERGY CORP		2025-07-08	2025-08-07
	24. TALEN ENERGY CORP		2025-04-07	2025-10-09
	11. TENET HEALTHCARE CORP		2025-07-08	2025-08-07
	7. TESLA INC.		2024-11-08	2025-07-08
	9. TESLA INC.		2025-01-06	2025-08-07
	2. THERMO ELECTRON CORP		2025-08-07	2025-11-14
	54. TIMKEN CO		2024-12-18	2025-04-07
	1. TREX COMPANY INC		2024-11-08	2025-01-06
	26. TREX COMPANY INC		2024-11-08	2025-02-13
	15. TWILIO INC		2025-08-07	2025-10-09
	9. US BANCORP		2016-01-12	2025-01-06
	94. US BANCORP		2016-01-12	2025-04-07
	56. UNITED AIRLINES HOLDINGS INC		2025-04-07	2025-07-08
	26. UNITED AIRLINES HOLDINGS INC		2025-09-02	2025-11-14
	2. UNITEDHEALTH GROUP INC		2025-04-07	2025-11-14
	1. VALERO REFINING & MKTG CO		2025-08-07	2025-10-09
	3. VALERO REFINING & MKTG CO		2025-08-07	2025-11-14
	908.428 VANGUARD TOTAL INTL ST INDEX FUND-ADM		2025-01-06	2025-04-07
	723.125 VANGUARD TOTAL INTL ST INDEX FUND-ADM		2024-01-04	2025-04-07
	129.8 VANGUARD TOTAL INTL ST INDEX FUND-ADM		2014-01-09	2025-07-08
	148.315 VANGUARD TOTAL INTL ST INDEX FUND-ADM		2014-01-09	2025-08-07
	122.041 VANGUARD TOTAL INTL ST INDEX FUND-ADM		2014-01-09	2025-10-09
	254.096 VANGUARD TOTAL INTL ST INDEX FUND-ADM		2014-01-09	2025-11-14
	369.877 VANGUARD TOTAL BOND MARKET INDEX FUND AD		2024-12-18	2025-01-06
	10236.097 VANGUARD TOTAL BOND MARKET INDEX FUND AD		2016-01-14	2025-04-07
	512.236 VANGUARD TOTAL BOND MARKET INDEX FUND AD		2023-03-28	2025-08-07
	1715.533 VANGUARD TOTAL BOND MARKET INDEX FUND AD		2016-01-14	2025-11-14
	435. VANGUARD FTSE DEVELOPED ETF		2024-04-17	2025-04-07
	55. VANGUARD FTSE DEVELOPED ETF		2024-01-04	2025-04-07
	191. VANGUARD FTSE DEVELOPED ETF		2024-12-18	2025-07-08
	121. VANGUARD FTSE DEVELOPED ETF		2025-01-06	2025-10-09
	36. VANGUARD FTSE DEVELOPED ETF		2025-01-06	2025-11-14
	159. VANGUARD FTSE DEVELOPED ETF		2024-04-17	2025-11-14
	42. VANGUARD FTSE EMERGING MARKETS ETF		2025-01-06	2025-08-07
	15. VANGUARD FTSE EMERGING MARKETS ETF		2024-01-04	2025-08-07
	73. VANGUARD LONG-TERM CORP BOND		2025-07-08	2025-09-26
	409. VANGUARD LONG-TERM CORP BOND		2024-04-17	2025-09-26
	3. VANGUARD LONG-TERM TREASURY ETF		2025-10-09	2025-11-14
	476.281 VANGUARD TOTL STK MKT IND-AD		2025-04-07	2025-07-08
	124.845 VANGUARD TOTL STK MKT IND-AD		2025-04-07	2025-11-14
	235. VERIZON COMMUNICATIONS		2023-07-11	2025-04-07
	47. VERTIV HOLDINGS CO		2025-04-07	2025-07-08
	8. VERTIV HOLDINGS CO		2025-04-07	2025-08-07
	3. VERTIV HOLDINGS CO		2025-04-07	2025-10-09
	33. VERTIV HOLDINGS CO		2024-01-04	2025-10-09
	36. VERTIV HOLDINGS CO		2024-01-04	2025-11-14
	13. VISA INC CL A SHARES		2010-09-02	2025-07-08
	6. VISA INC CL A SHARES		2010-09-02	2025-10-09
	11. VISA INC CL A SHARES		2010-09-02	2025-11-14
	46. VISTRA ENERGY CORP		2025-07-08	2025-08-07
	3. WAL-MART STORES INC		2025-08-07	2025-11-14
	256. WARNER BROS DISCOVERY INC		2022-11-29	2025-04-07
	14. WESTERN DIGITAL CORP		2025-10-09	2025-11-14
	37. EATON CORP PLC		2022-06-10	2025-04-07
	234. JAMES HARDIE IND PLC		2025-08-07	2025-09-02
	2. JOHNSON CONTROLS INTERNATIONAL PLC		2025-08-07	2025-11-14
	50. LINDE PLC		2018-10-31	2025-01-31
	21. SEAGATE TECHNOLOGY HOLDINGS		2025-07-08	2025-10-09
	1. SEAGATE TECHNOLOGY HOLDINGS		2025-04-07	2025-11-14
	1. CHUBB LTD		2025-01-06	2025-04-07
	32. CHUBB LTD		2020-05-29	2025-04-07
	2. SPOTIFY TECHNOLOGY SA		2024-09-10	2025-01-06
	2. SPOTIFY TECHNOLOGY SA		2025-04-07	2025-07-08
	66. GLOBAL-E ONLINE LTD		2024-11-08	2025-04-07
	83. GLOBAL-E ONLINE LTD		2024-12-18	2025-04-24
	4. ASML HOLDING NV NY REG SHS		2025-01-06	2025-07-08
	38. UNIQURE NV		2025-10-09	2025-11-14
	121. NEBIUS GROUP NV		2024-12-18	2025-04-07
	94. NEBIUS GROUP NV		2025-07-08	2025-08-07
	43. NEBIUS GROUP NV		2025-10-09	2025-11-14
	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
	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		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,093	2,049	44
b	3,814	3,365	449
c	1,704	2,861	-1,157
d	682	1,107	-425
e	283	229	54
	2,609	2,289	320
	6,001	5,160	841
	197	131	66
	10,348	1,714	8,634
	1,176	1,048	128
	1,337	1,609	-272
	5,051	400	4,651
	832	543	289
	226	157	69
	1,992	1,984	8
	584	557	27
	1,013	1,028	-15
	131	140	-9
	245	9	236
	6,200	319	5,881
	6,711	301	6,410
	351	71	280
	6,536	4,564	1,972
	2,987	1,201	1,786
	17,325	2,065	15,260
	2,427	652	1,775
	667	333	334
	5,430	1,336	4,094
	356	297	59
	3,291	3,148	143
	7,023	2,850	4,173
	1,726	1,870	-144
	188	234	-46
	3,858	3,697	161
	3,929	2,959	970
	32,073	26,142	5,931
	17,724	13,324	4,400
	9,900	7,437	2,463
	1,932	568	1,364
	4,598	5,891	-1,293
	985	794	191
	14,769	2,449	12,320
	1,377	1,826	-449
	11,413	14,597	-3,184
	1,376	783	593
	1,124	574	550
	7,108	4,326	2,782
	1,206	590	616
	2,714	1,166	1,548
	2,039	1,844	195
	2,649	2,689	-40
	1,177	1,181	-4
	774	521	253
	1,239	1,227	12
	1,918	1,636	282
	1,767	1,891	-124
	2,355	1,724	631
	2,135	1,971	164
	1,982	1,658	324
	1,658	1,571	87
	7,375	5,604	1,771
	1,127	1,254	-127
	5,211	3,344	1,867
	2,226	1,853	373
	2,495	1,559	936
	708	412	296
	4,220	2,187	2,033
	1,133	1,128	5
	4,866	4,546	320
	3,355	2,820	535
	1,734	1,567	167
	3,821	3,869	-48
	690	840	-150
	4,684	7,680	-2,996
	3,918	5,440	-1,522
	84	112	-28
	6,098	7,251	-1,153
	9,516	9,773	-257
	26,288	19,331	6,957
	4,573	2,666	1,907
	363	358	5
	1,050	569	481
	2,191	2,174	17
	299	294	5
	1,608	1,248	360
	11,604	38,695	-27,091
	3,871	3,536	335
	5,854	939	4,915
	2,843	2,577	266
	1,190	1,071	119
	34,782	3,758	31,024
	6,472	4,681	1,791
	5,034	1,395	3,639
	7,455	752	6,703
	11,160	9,843	1,317
	1,140	1,145	-5
	44,149	51,469	-7,320
	1,414	1,411	3
	7,942	9,191	-1,249
	537	446	91
	3,437	3,494	-57
	6,562	5,098	1,464
	766	843	-77
	444	515	-71
	7,749	6,646	1,103
	1,417	1,109	308
	2,025	1,328	697
	3,700	2,680	1,020
	6,247	3,734	2,513
	143	105	38
	1,469	1,299	170
	5,767	1,924	3,843
	6,413	5,188	1,225
	9,970	6,984	2,986
	7,890	5,336	2,554
	2,073	2,053	20
	1,980	1,501	479
	1,244	701	543
	1,723	981	742
	270	273	-3
	3,756	2,552	1,204
	5,914	7,183	-1,269
	23,495	24,110	-615
	5,151	7,843	-2,692
	16,023	1,751	14,272
	2,796	3,050	-254
	1,804	2,034	-230
	16,665	5,687	10,978
	13,310	12,476	834
	12,982	2,531	10,451
	10,898	10,798	100
	755	781	-26
	7,401	4,355	3,046
	3,730	6,163	-2,433
	3,210	4,246	-1,036
	3,270	4,238	-968
	8,203	9,365	-1,162
	2,435	2,769	-334
	2,136	1,522	614
	7,503	4,920	2,583
	4,528	2,968	1,560
	11,015	9,869	1,146
	1,622	1,358	264
	7,106	5,624	1,482
	1,013	796	217
	315	239	76
	1,784	1,215	569
	765	624	141
	3,126	2,899	227
	2,555	2,496	59
	1,560	1,667	-107
	1,800	1,746	54
	27,917	4,148	23,769
	1,165	312	853
	851	724	127
	1,784	1,048	736
	4,921	1,954	2,967
	3,658	2,086	1,572
	102	90	12
	3,332	4,978	-1,646
	10,906	7,948	2,958
	4,462	1,859	2,603
	6,757	2,685	4,072
	5,131	307	4,824
	300	302	-2
	4,836	4,248	588
	2,951	1,978	973
	15,003	8,706	6,297
	2,343	2,161	182
	3,726	3,330	396
	519	112	407
	1,900	449	1,451
	695	150	545
	7,629	5,387	2,242
	4,687	1,090	3,597
	227	116	111
	5,562	2,374	3,188
	251	217	34
	4,555	7,114	-2,559
	1,116	992	124
	49	56	-7
	300	31	269
	10,209	6,374	3,835
	2,712	267	2,445
	7,353	644	6,709
	5,874	3,218	2,656
	596	257	339
	2,705	1,544	1,161
	59	68	-9
	6,482	8,244	-1,762
	7,095	3,805	3,290
	3,791	5,728	-1,937
	3,165	3,092	73
	6,153	3,329	2,824
	876	1,073	-197
	58,092	43,375	14,717
	238	230	8
	654	164	490
	175	41	134
	154	116	38
	4,980	3,490	1,490
	114	97	17
	10,748	5,299	5,449
	5,697	2,654	3,043
	3,286	1,270	2,016
	3,768	896	2,872
	1,632	466	1,166
	1,948	1,988	-40
	4,002	3,261	741
	1,576	537	1,039
	14,511	4,411	10,100
	5,153	4,271	882
	1,945	2,049	-104
	314	307	7
	247	134	113
	8,609	4,705	3,904
	1,336	1,404	-68
	2,461	2,815	-354
	190	192	-2
	6,839	5,127	1,712
	186	148	38
	1,395	1,253	142
	2,199	1,286	913
	3,473	4,083	-610
	2,818	2,136	682
	2,459	2,024	435
	491	541	-50
	4,048	4,553	-505
	10,686	7,711	2,975
	295	261	34
	8,563	8,643	-80
	517	430	87
	374	286	88
	433	500	-67
	221	204	17
	5,945	4,517	1,428
	2,176	1,346	830
	596	293	303
	218	208	10
	1,870	1,318	552
	10,514	4,844	5,670
	1,777	1,899	-122
	2,119	2,231	-112
	2,867	3,385	-518
	1,166	895	271
	3,212	4,032	-820
	71	72	-1
	1,741	1,880	-139
	1,705	1,810	-105
	442	360	82
	3,481	2,694	787
	4,568	4,926	-358
	2,482	2,712	-230
	644	1,056	-412
	161	133	28
	548	373	175
	27,416	29,594	-2,178
	21,824	21,329	495
	4,816	3,582	1,234
	5,597	4,093	1,504
	4,849	3,368	1,481
	10,210	7,012	3,198
	3,499	3,509	-10
	98,471	109,731	-11,260
	4,964	4,943	21
	16,744	18,391	-1,647
	20,116	20,836	-720
	2,543	2,595	-52
	10,861	9,500	1,361
	7,282	5,876	1,406
	2,208	1,748	460
	9,752	7,616	2,136
	2,127	1,888	239
	760	607	153
	5,638	5,497	141
	31,591	31,742	-151
	170	170
	70,842	58,239	12,603
	20,041	15,053	4,988
	10,040	8,206	1,834
	5,932	3,126	2,806
	1,106	513	593
	498	192	306
	5,480	1,539	3,941
	6,226	1,002	5,224
	4,602	234	4,368
	2,078	108	1,970
	3,642	198	3,444
	9,377	7,010	2,367
	305	298	7
	2,089	3,192	-1,103
	2,232	1,403	829
	9,352	5,156	4,196
	4,575	6,612	-2,037
	239	211	28
	22,232	8,173	14,059
	4,664	1,514	3,150
	261	68	193
	277	269	8
	8,871	3,911	4,960
	931	652	279
	1,443	1,055	388
	1,990	2,522	-532
	2,998	3,993	-995
	3,182	3,021	161
	1,118	2,428	-1,310
	2,577	3,593	-1,016
	6,197	4,468	1,729
	3,673	5,447	-1,774
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136
			37,136

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			44
b			449
c			-1,157
d			-425
e			54
			320
			841
			66
			8,634
			128
			-272
			4,651
			289
			69
			8
			27
			-15
			-9
			236
			5,881
			6,410
			280
			1,972
			1,786
			15,260
			1,775
			334
			4,094
			59
			143
			4,173
			-144
			-46
			161
			970
			5,931
			4,400
			2,463
			1,364
			-1,293
			191
			12,320
			-449
			-3,184
			593
			550
			2,782
			616
			1,548
			195
			-40
			-4
			253
			12
			282
			-124
			631
			164
			324
			87
			1,771
			-127
			1,867
			373
			936
			296
			2,033
			5
			320
			535
			167
			-48
			-150
			-2,996
			-1,522
			-28
			-1,153
			-257
			6,957
			1,907
			5
			481
			17
			5
			360
			-27,091
			335
			4,915
			266
			119
			31,024
			1,791
			3,639
			6,703
			1,317
			-5
			-7,320
			3
			-1,249
			91
			-57
			1,464
			-77
			-71
			1,103
			308
			697
			1,020
			2,513
			38
			170
			3,843
			1,225
			2,986
			2,554
			20
			479
			543
			742
			-3
			1,204
			-1,269
			-615
			-2,692
			14,272
			-254
			-230
			10,978
			834
			10,451
			100
			-26
			3,046
			-2,433
			-1,036
			-968
			-1,162
			-334
			614
			2,583
			1,560
			1,146
			264
			1,482
			217
			76
			569
			141
			227
			59
			-107
			54
			23,769
			853
			127
			736
			2,967
			1,572
			12
			-1,646
			2,958
			2,603
			4,072
			4,824
			-2
			588
			973
			6,297
			182
			396
			407
			1,451
			545
			2,242
			3,597
			111
			3,188
			34
			-2,559
			124
			-7
			269
			3,835
			2,445
			6,709
			2,656
			339
			1,161
			-9
			-1,762
			3,290
			-1,937
			73
			2,824
			-197
			14,717
			8
			490
			134
			38
			1,490
			17
			5,449
			3,043
			2,016
			2,872
			1,166
			-40
			741
			1,039
			10,100
			882
			-104
			7
			113
			3,904
			-68
			-354
			-2
			1,712
			38
			142
			913
			-610
			682
			435
			-50
			-505
			2,975
			34
			-80
			87
			88
			-67
			17
			1,428
			830
			303
			10
			552
			5,670
			-122
			-112
			-518
			271
			-820
			-1
			-139
			-105
			82
			787
			-358
			-230
			-412
			28
			175
			-2,178
			495
			1,234
			1,504
			1,481
			3,198
			-10
			-11,260
			21
			-1,647
			-720
			-52
			1,361
			1,406
			460
			2,136
			239
			153
			141
			-151

			12,603
			4,988
			1,834
			2,806
			593
			306
			3,941
			5,224
			4,368
			1,970
			3,444
			2,367
			7
			-1,103
			829
			4,196
			-2,037
			28
			14,059
			3,150
			193
			8
			4,960
			279
			388
			-532
			-995
			161
			-1,310
			-1,016
			1,729
			-1,774

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	412,707
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 .........................		3

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	7,102
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	7,102
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	7,102
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	7,736
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	7,736
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	634
11	Enter the amount of line 10 to be: Credited to 2026 estimated tax634	Refunded	11	0
	For Refunded amount, also complete and attach Form 8050. See instructions.

Form 990-PF (2025)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

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

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

on foundation managers.$

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

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

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

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

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

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

Yes

Website addressN/A

The books are in care ofBANK OF HAWAII Telephone no. (888) 643-3888

Located atPO BOX 3170HONOLULUHI ZIP+496802

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

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

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

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

16 No

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

Form 990-PF (2025)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

Yes

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2025)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
BANK OF HAWAII	TRUSTEE 2	64,251
PO BOX 3170 HONOLULU,HI968023170	TRUSTEE 2	64,251
HARMON A BROWN	TRUSTEE 1	12,000
PO BOX 3170 HONOLULU,HI968023170	TRUSTEE 1	12,000

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


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









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

Form 990-PF (2025)

Page 7

Part VII

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

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

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

Part VIII-A

Summary of Direct Charitable Activities

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3.........................

Form 990-PF (2025)

Page 8

Part IX

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

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

purposes:

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

8,425,376

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

349,207

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

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

8,774,583

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

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

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

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

8,774,583

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

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

131,619

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

8,642,964

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

432,148

Part X

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

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

432,148

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

7,102

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

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

7,102

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

425,046

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

2,130

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

427,176

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

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

427,176

Part XI

Qualifying Distributions (see instructions)

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

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

354,155

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

354,155

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					427,176
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......				63,228
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: $ 354,155
a Applied to 2024, but not more than line 2a				63,228
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.....					290,927
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 ..........					136,249
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)

Page 10

Part XIII

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

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

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

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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 e-mail address of the person to whom applications should be addressed:

HAWAII COMMUNITY FOUNDATION WEBSITE
827 FORT STREET MALL
HONOLULU,HI96813
(808) 537-6333
N/A

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

SEE FOOTNOTE ENCLOSED.

cAny submission deadlines:

JANUARY 31ST

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

SEE FOOTNOTE ENCLOSED.

Form 990-PF (2025)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
UNIVERSITY OF SOUTHERN CALIFORNIA FBO ANDREW PARESA 355A TROUSDALE PARKWAY LOS ANGELES,CA900890911	NONE		SCHOLARSHIP	91,747
COLUMBIA UNIVERSITY FBO KAI GREENLEE W 116TH ST BROADWAY NEW YORK,NY10027	NONE		SCHOLARSHIP	99,418
COLORADO SCHOOL OF MINES FBO IRA MULLINS 1500 ILLINOIS STREET GOLDEN,CO80401	NONE		SCHOLARSHIP	33,949
PRINCETON UNIVERSITY FBO TATIANA TERESE RILLERA 400 FORRESTAL RD PRINCETON,NJ08544	NONE		SCHOLARSHIP	85,416
Total ................................. 3a				310,530

bApproved for future payment

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

Form 990-PF (2025)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	194,260
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	412,707
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aSECTION 897 CAPITA			1	10
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				606,977

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

606,977

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2025)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2025)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER NON-ALLOCABLE EXPENSE -	5,500	0		5,500
OTHER EXPENSE (NON-DEDUCTIBLE	11	11		0

Category	Amount	Net Investment Income
FOREIGN TAXES	160	160
FEDERAL TAX PAYMENT - PRIOR YE	5,765	0
FEDERAL ESTIMATES - INCOME	7,736	0
FOREIGN TAXES ON QUALIFIED FOR	3,125	3,125
FOREIGN TAXES ON NONQUALIFIED	965	965

Description	Amount
GRANT RECOVERIES FROM PRIOR YEAR	2,130
ROUNDING	24