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
FRANCIS NEILSON TR FUND B XXXXX8008
 
Number and street (or P.O. box number if mail is not delivered to street address) 10 S DEARBORN IL1-0111
  Room/suite
City or town
CHICAGO
State or province
IL
Country  
ZIP or foreign postal code
60603
A Employer identification number

36-6012472
B Telephone number (see instructions)

8004962583
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)$7,775,121J 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... 249,046 249,030  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 198,812
b Gross sales price for all assets on line 6a 980,916
7 Capital gain net income (from Part IV, line 2)... 198,812
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........ 447,858 447,842  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 75,638 49,578   26,060
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)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
9,509 2,485   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)....... Click to see attachment
List of Attached Documents:
// Content
250     250
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 85,397 52,063 0 26,310
25 Contributions, gifts, grants paid....... 363,424 363,424
26 Total expenses and disbursements. Add lines 24 and 25 ................ 448,821 52,063 0 389,734
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -963
b Net investment income (if negative, enter -0-) 395,779
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............. 63,081 77,401 77,401
2 Savings and temporary cash investments......... 107,115 108,739 108,739
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)....... 2,082,293 Click to see attachment
List of Attached Documents:
// Content
2,015,450 		4,508,135
c Investments—corporate bonds (attach schedule)....... 2,796,447 Click to see attachment
List of Attached Documents:
// Content
2,770,609 		2,633,001
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 359,603 Click to see attachment
List of Attached Documents:
// Content
435,524 		447,845
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) 5,408,539 5,407,723 7,775,121
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........ 5,408,539 5,407,723
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)..... 5,408,539 5,407,723
30 Total liabilities and net assets/fund balances (see instructions). 5,408,539 5,407,723
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
5,408,539
2
Enter amount from Part I, line 27a .....................
2
-963
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
6,777
4
Add lines 1, 2, and 3 ..........................
4
5,414,353
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
6,630
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
5,407,723
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 . ALEXION PHARMACEUTICALS INC     2025-01-03
b 3. COSTCO WHSL CORP NEW   2021-10-27 2025-01-24
c 1. LILLY ELI & CO   2016-12-16 2025-01-27
d 44. MONSTER BEVERAGE CORP     2025-01-27
e 19. MONSTER BEVERAGE CORP   2022-06-17 2025-01-27
3. MONSTER BEVERAGE CORP   2022-06-17 2025-01-28
10. APPLE COMPUTER INC     2025-02-13
3. NXP SEMICONDUCTORS NV   2024-11-13 2025-02-13
1. NXP SEMICONDUCTORS NV   2024-11-13 2025-02-13
2. NXP SEMICONDUCTORS NV   2024-11-13 2025-02-13
7. HONEYWELL INTL INC   2025-01-24 2025-03-25
1. HONEYWELL INTL INC   2025-01-24 2025-03-25
1. HONEYWELL INTL INC   2009-12-16 2025-03-25
8. HONEYWELL INTL INC   2009-12-16 2025-03-26
3. HONEYWELL INTL INC     2025-03-26
4. HONEYWELL INTL INC   2010-02-01 2025-03-26
3. HONEYWELL INTL INC   2010-02-01 2025-03-27
2. HONEYWELL INTL INC   2010-02-01 2025-03-27
16. APPLE COMPUTER INC     2025-04-04
8. APPLE COMPUTER INC   2024-06-05 2025-04-09
18. NORFOLK SOUTHN CORP     2025-04-09
10. NORFOLK SOUTHN CORP     2025-04-09
2. REGENERON PHARMACEUTICALS INC     2025-04-28
14. EXXON MOBIL CORP     2025-05-01
17. EXXON MOBIL CORP   2022-11-01 2025-05-01
13. ALPHABET INC-CL C     2025-05-22
2. NXP SEMICONDUCTORS NV   2020-07-10 2025-05-22
1. NXP SEMICONDUCTORS NV   2020-07-10 2025-05-22
16. NXP SEMICONDUCTORS NV     2025-05-22
4. NXP SEMICONDUCTORS NV   2019-02-19 2025-05-22
1. NXP SEMICONDUCTORS NV   2019-02-19 2025-05-22
1. NXP SEMICONDUCTORS NV   2019-02-19 2025-05-23
1. NXP SEMICONDUCTORS NV   2019-02-19 2025-05-23
4669.19 SIX CIRCLES INTL UNCON EQ     2025-06-11
3033.08 SIX CIRCLES INTL UNCON EQ     2025-06-11
9. ABBVIE INC     2025-06-13
16. ALPHABET INC-CL C   2015-01-15 2025-06-13
6. AMAZON COM INC   2025-05-22 2025-06-13
17. AMAZON COM INC     2025-06-13
5. AMERICAN EXPRESS CO   2019-05-16 2025-06-13
19. APPLE COMPUTER INC     2025-06-13
28. BANK OF AMERICA CORPORATION     2025-06-13
1. BOOKING HOLDINGS INC   2020-10-13 2025-06-13
15. BOSTON SCIENTIFIC CORP     2025-06-13
22. BRISTOL MYERS SQUIBB CO     2025-06-13
8. BROADCOM INC   2024-12-17 2025-06-13
2. CADENCE DESIGN SYS INC     2025-06-13
11. CANADIAN PACIFIC KANSAS CITY   2025-04-09 2025-06-13
13. CONOCOPHILLIPS     2025-06-13
9. DISNEY WALT CO   2024-11-21 2025-06-13
2. ECOLAB INC     2025-06-13
14. EXXON MOBIL CORP     2025-06-13
6. FACEBOOK INC-A     2025-06-13
7. FISERV INC   2024-10-01 2025-06-13
3. ARTHUR J GALLAGHER & CO   2022-03-08 2025-06-13
4. HILTON WORLDWIDE HOLDINGS IN     2025-06-13
3. HOWMET AEROSPACE INC   2025-03-25 2025-06-13
9. INGERSOLL RAND INC     2025-06-13
1. INTUITIVE SURGICAL INC NEW   2021-09-15 2025-06-13
1. LILLY ELI & CO   2025-04-04 2025-06-13
4. LOWES COS INC   2025-01-24 2025-06-13
2. MARTIN MARIETTA MATLS INC   2023-11-09 2025-06-13
2. MASTERCARD INC - CLASS A   2024-09-12 2025-06-13
3. MASTERCARD INC - CLASS A     2025-06-13
5. MCDONALDS CORP   2024-12-17 2025-06-13
5. MICROSOFT CORP   2025-04-09 2025-06-13
12. MICROSOFT CORP     2025-06-13
10. MONDELEZ INTERNATIONAL-W/I   2024-05-13 2025-06-13
1. MORGAN STANLEY DEAN WITTER & CO NEW   2022-10-05 2025-06-13
11. MORGAN STANLEY DEAN WITTER & CO NEW   2022-10-05 2025-06-13
13. NEXTERA ENERGY INC   2024-09-12 2025-06-13
12. NVIDIA CORP   2025-04-04 2025-06-13
40. NVIDIA CORP   2023-03-07 2025-06-13
4. OLD DOMINION FREIGHT LINE INC COM   2021-09-09 2025-06-13
10. OTIS WORLDWIDE CORP     2025-06-13
6. PEPSICO INC     2025-06-13
8. PROGRESSIVE CORP OHIO     2025-06-13
1. S&P GLOBAL INC   2022-12-02 2025-06-13
6. SALESFORCE.COM INC   2024-03-20 2025-06-13
1. SHERWIN WILLIAMS CO   2024-11-21 2025-06-13
18. SOUTHERN CO     2025-06-13
2. STRYKER CORP   2023-09-13 2025-06-13
5. TJX COS INC NEW   2023-09-22 2025-06-13
2. TAIWAN SEMICONDUCTOR MFG CO LTD   2025-05-22 2025-06-13
8. TEXAS INSTRS INC   2025-05-22 2025-06-13
2. THERMO ELECTRON CORP     2025-06-13
5. UNITEDHEALTH GROUP INC     2025-06-13
5. WAL MART STORES INC     2025-06-13
5. WASTE CONNECTIONS INC   2021-01-08 2025-06-13
21. WELLS FARGO & CO NEW   2021-03-03 2025-06-13
4. EATON CORP PLC     2025-06-13
4. LINDE PLC   2019-04-25 2025-06-13
1. TRANE TECHNOLOGIES PLC   2025-03-25 2025-06-13
1. ASML HOLDING NV-NY REG SHS   2024-11-13 2025-06-13
7. FISERV INC     2025-06-20
15. FISERV INC     2025-06-20
4. MASTERCARD INC - CLASS A     2025-06-20
4. REGENERON PHARMACEUTICALS INC     2025-06-20
6. BROADCOM INC   2024-12-17 2025-07-11
2. FISERV INC     2025-07-11
21. FISERV INC     2025-07-11
11. INTUITIVE SURGICAL INC NEW     2025-07-11
1. INGERSOLL RAND INC   2025-07-11 2025-08-01
15. INGERSOLL RAND INC   2025-07-11 2025-08-01
22. INGERSOLL RAND INC     2025-08-01
52. BRISTOL MYERS SQUIBB CO     2025-08-21
11. BRISTOL MYERS SQUIBB CO   2019-11-20 2025-08-21
1. OTIS WORLDWIDE CORP   2024-10-14 2025-08-21
11. OTIS WORLDWIDE CORP     2025-08-21
2. OTIS WORLDWIDE CORP     2025-08-21
8. OTIS WORLDWIDE CORP   2024-10-01 2025-08-21
5. OTIS WORLDWIDE CORP   2024-10-01 2025-08-22
18. OTIS WORLDWIDE CORP     2025-08-22
1. OTIS WORLDWIDE CORP   2024-11-01 2025-08-22
9. OTIS WORLDWIDE CORP     2025-08-22
12. OTIS WORLDWIDE CORP     2025-08-22
264. JPMORGAN BETABUILDERS JAPAN ETF   2018-10-18 2025-09-02
259. JPMORGAN BETABUILDERS CANADA     2025-09-02
1717.603 SIX CIRCLES US UNCONSTR EQ   2024-12-18 2025-09-02
241.518 SIX CIRCLES US UNCONSTR EQ   2019-04-10 2025-09-02
6. BOSTON SCIENTIFIC CORP     2025-09-08
7. BOSTON SCIENTIFIC CORP   2016-09-15 2025-09-08
11. CONOCOPHILLIPS     2025-09-08
8. CONOCOPHILLIPS     2025-09-08
4. SALESFORCE.COM INC   2024-03-20 2025-09-08
4. SALESFORCE.COM INC   2024-03-20 2025-09-08
2. LINDE PLC   2019-04-25 2025-09-08
1. LINDE PLC   2018-12-11 2025-09-08
4. BOSTON SCIENTIFIC CORP   2016-09-15 2025-09-09
14. BRISTOL MYERS SQUIBB CO   2024-10-01 2025-09-11
31. BRISTOL MYERS SQUIBB CO   2019-11-20 2025-09-11
7. INGERSOLL RAND INC     2025-09-11
1. INGERSOLL RAND INC   2021-05-14 2025-09-11
1. INGERSOLL RAND INC   2021-05-14 2025-09-11
18. INGERSOLL RAND INC     2025-09-11
725. ISHARES TR 7-10 YR TREAS INDEX FD     2025-09-11
3748.933 PIMCO MTGE OPPORTUNITIES IS   2020-05-29 2025-09-11
3. SALESFORCE.COM INC   2024-03-20 2025-09-11
1. SALESFORCE.COM INC   2024-10-01 2025-09-11
4. SALESFORCE.COM INC     2025-09-11
16. BRISTOL MYERS SQUIBB CO   2024-10-01 2025-09-12
15. CONOCOPHILLIPS     2025-09-23
8. SALESFORCE.COM INC   2024-10-01 2025-09-23
6. SALESFORCE.COM INC     2025-09-23
11. PROGRESSIVE CORP OHIO   2022-04-07 2025-10-10
20. WELLS FARGO & CO NEW   2025-06-20 2025-10-10
3. WELLS FARGO & CO NEW   2021-03-03 2025-10-10
1. SHERWIN WILLIAMS CO   2024-11-21 2025-10-17
6. SHERWIN WILLIAMS CO   2024-11-21 2025-10-17
1. SHERWIN WILLIAMS CO   2024-11-21 2025-10-17
15942.646 SIX CIRCLES CREDIT OPPORT     2025-10-21
16. VANGUARD MORTGAGE-BACKED SEC   2024-12-03 2025-10-21
1. VANGUARD MORTGAGE-BACKED SEC   2024-12-03 2025-10-21
3132. VANGUARD MORTGAGE-BACKED SEC   2024-12-03 2025-10-21
376. VANGUARD INT-TERM CORPORATE   2023-12-04 2025-10-21
10. ABBVIE INC     2025-10-23
19. ALPHABET INC-CL C     2025-10-23
10. AMAZON COM INC     2025-10-23
18. AMAZON COM INC     2025-10-23
5. AMERICAN EXPRESS CO     2025-10-23
21. APPLE COMPUTER INC   2025-09-08 2025-10-23
6. APPLE COMPUTER INC   2024-03-20 2025-10-23
36. BANK OF AMERICA CORPORATION   2025-06-20 2025-10-23
4. BANK OF AMERICA CORPORATION   2023-12-18 2025-10-23
14. BOSTON SCIENTIFIC CORP     2025-10-23
10. BROADCOM INC     2025-10-23
2. CADENCE DESIGN SYS INC     2025-10-23
5. CANADIAN PACIFIC KANSAS CITY   2025-07-11 2025-10-23
10. CANADIAN PACIFIC KANSAS CITY     2025-10-23
10. CONOCOPHILLIPS   2021-03-18 2025-10-23
1. COSTCO WHSL CORP NEW   2021-10-27 2025-10-23
12. DISNEY WALT CO   2024-11-21 2025-10-23
5. ECOLAB INC     2025-10-23
18. EXXON MOBIL CORP     2025-10-23
9. FACEBOOK INC-A     2025-10-23
5. ARTHUR J GALLAGHER & CO     2025-10-23
5. HILTON WORLDWIDE HOLDINGS IN   2021-02-24 2025-10-23
8. HOWMET AEROSPACE INC     2025-10-23
2. INTUIT   2025-09-23 2025-10-23
12. JOHNSON & JOHNSON     2025-10-23
1. LILLY ELI & CO   2016-12-16 2025-10-23
8. LOWES COS INC     2025-10-23
3. MARTIN MARIETTA MATLS INC   2023-11-08 2025-10-23
2. MASTERCARD INC - CLASS A   2025-10-10 2025-10-23
4. MASTERCARD INC - CLASS A     2025-10-23
2. MCDONALDS CORP   2024-12-17 2025-10-23
4. MCDONALDS CORP   2024-05-17 2025-10-23
20. MICROSOFT CORP   2009-01-15 2025-10-23
14. MONDELEZ INTERNATIONAL-W/I     2025-10-23
15. MORGAN STANLEY DEAN WITTER & CO NEW     2025-10-23
13. NEXTERA ENERGY INC   2025-10-10 2025-10-23
6. NEXTERA ENERGY INC   2024-09-12 2025-10-23
64. NVIDIA CORP     2025-10-23
5. OLD DOMINION FREIGHT LINE INC COM     2025-10-23
8. PEPSICO INC     2025-10-23
6. PROGRESSIVE CORP OHIO     2025-10-23
3. S&P GLOBAL INC   2022-12-02 2025-10-23
1. SERVICENOW INC   2025-09-08 2025-10-23
22. SOUTHERN CO     2025-10-23
3. STRYKER CORP   2023-09-13 2025-10-23
7. TJX COS INC NEW     2025-10-23
5. TAIWAN SEMICONDUCTOR MFG CO LTD   2025-06-20 2025-10-23
11. TEXAS INSTRS INC     2025-10-23
3. THERMO ELECTRON CORP     2025-10-23
6. UNITEDHEALTH GROUP INC   2010-12-02 2025-10-23
9. WAL MART STORES INC     2025-10-23
5. WASTE CONNECTIONS INC   2021-01-08 2025-10-23
28. WELLS FARGO & CO NEW     2025-10-23
4. EATON CORP PLC   2021-03-03 2025-10-23
4. LINDE PLC   2018-12-11 2025-10-23
3. TRANE TECHNOLOGIES PLC     2025-10-23
1. ASML HOLDING NV-NY REG SHS   2024-11-13 2025-10-23
5. CANADIAN PACIFIC KANSAS CITY   2025-04-09 2025-11-03
27. CANADIAN PACIFIC KANSAS CITY   2025-04-09 2025-11-03
24. CANADIAN PACIFIC KANSAS CITY     2025-11-03
1. MCDONALDS CORP   2024-05-17 2025-11-03
4. MCDONALDS CORP   2022-01-21 2025-11-03
11. CANADIAN PACIFIC KANSAS CITY   2025-04-09 2025-11-04
1. CANADIAN PACIFIC KANSAS CITY   2025-04-09 2025-11-04
1. CANADIAN PACIFIC KANSAS CITY   2025-04-09 2025-11-04
15. CONOCOPHILLIPS   2021-03-03 2025-11-21
3. BROADCOM INC   2024-12-17 2025-11-24
1. MARTIN MARIETTA MATLS INC   2023-11-08 2025-11-24
1. ASML HOLDING NV-NY REG SHS   2020-03-05 2025-11-24
1. MARTIN MARIETTA MATLS INC   2023-09-25 2025-11-26
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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    
(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 10     10
b 2,820   1,465 1,355
c 800   73 727
d 2,176   1,957 219
e 945   840 105
146   133 13
2,371   2,249 122
657   671 -14
217   224 -7
436   447 -11
1,484   1,587 -103
212   227 -15
212   39 173
1,714   313 1,401
640   116 524
852   149 703
643   112 531
427   75 352
3,156   3,211 -55
1,424   1,570 -146
3,809   2,905 904
2,070   1,220 850
1,209   1,192 17
1,490   1,613 -123
1,813   1,893 -80
2,287   333 1,954
412   234 178
199   117 82
3,195   1,493 1,702
792   370 422
199   93 106
191   93 98
192   93 99
60,466   52,768 7,698
39,278   33,743 5,535
1,732   1,026 706
2,847   402 2,445
1,278   1,216 62
3,622   2,928 694
1,460   598 862
3,756   3,354 402
1,243   961 282
5,361   1,808 3,553
1,511   648 863
1,103   1,680 -577
2,023   1,907 116
610   615 -5
891   758 133
1,245   1,198 47
1,062   1,037 25
537   539 -2
1,557   1,554 3
4,163   1,550 2,613
1,151   1,270 -119
958   455 503
992   509 483
517   412 105
736   437 299
517   348 169
824   757 67
882   1,049 -167
1,098   908 190
1,128   974 154
1,692   1,155 537
1,522   1,484 38
2,388   1,799 589
5,730   1,461 4,269
678   718 -40
131   83 48
1,440   914 526
959   1,087 -128
1,715   1,161 554
5,716   952 4,764
646   580 66
966   1,056 -90
792   1,060 -268
2,153   978 1,175
504   360 144
1,575   1,826 -251
344   380 -36
1,632   1,631 1
763   592 171
624   447 177
426   388 38
1,588   1,454 134
821   1,111 -290
1,585   2,495 -910
474   501 -27
962   525 437
1,541   798 743
1,312   549 763
1,887   705 1,182
424   363 61
772   663 109
1,143   1,208 -65
2,449   1,887 562
2,126   1,429 697
2,038   2,032 6
1,648   1,430 218
331   251 80
3,495   2,617 878
5,632   3,415 2,217
76   88 -12
1,136   1,324 -188
1,666   1,067 599
2,523   3,386 -863
536   621 -85
88   105 -17
971   1,153 -182
175   207 -32
701   830 -129
444   519 -75
1,599   1,855 -256
89   100 -11
800   896 -96
1,061   1,193 -132
17,066   12,375 4,691
21,944   12,688 9,256
33,167   29,921 3,246
4,664   2,480 2,184
650   238 412
757   163 594
1,003   917 86
727   614 113
1,006   1,217 -211
1,004   1,217 -213
947   352 595
473   161 312
434   93 341
667   737 -70
1,476   1,749 -273
574   339 235
81   48 33
81   48 33
1,461   870 591
70,510   73,336 -2,826
35,465   39,986 -4,521
737   913 -176
246   271 -25
986   1,192 -206
754   842 -88
1,404   1,105 299
1,966   2,168 -202
1,474   1,508 -34
2,645   1,316 1,329
1,560   1,508 52
234   114 120
330   380 -50
1,984   2,282 -298
331   380 -49
144,919   140,945 3,974
759   738 21
47   46 1
148,465   144,475 3,990
31,827   29,592 2,235
2,282   853 1,429
4,829   383 4,446
2,199   1,244 955
3,961   389 3,572
1,760   591 1,169
5,435   5,024 411
1,553   1,057 496
1,852   1,640 212
206   135 71
1,444   295 1,149
3,457   3,630 -173
664   613 51
380   408 -28
760   816 -56
902   542 360
939   488 451
1,349   1,383 -34
1,373   1,372 1
2,083   1,960 123
6,646   2,056 4,590
1,412   714 698
1,356   635 721
1,569   1,469 100
1,343   1,397 -54
2,308   2,241 67
817   73 744
1,931   2,162 -231
1,875   1,354 521
1,147   1,118 29
2,294   1,293 1,001
615   593 22
1,230   1,089 141
10,439   376 10,063
860   903 -43
2,379   375 2,004
1,075   1,084 -9
496   501 -5
11,641   1,488 10,153
684   725 -41
1,217   1,388 -171
1,323   711 612
1,444   1,081 363
929   941 -12
2,126   1,829 297
1,139   888 251
1,002   588 414
1,466   1,047 419
1,884   2,228 -344
1,700   1,657 43
2,150   227 1,923
957   884 73
889   525 364
2,362   1,056 1,306
1,466   549 917
1,800   643 1,157
1,234   1,304 -70
1,028   663 365
354   345 9
1,908   1,861 47
1,692   1,651 41
296   272 24
1,184   1,020 164
775   741 34
70   67 3
70   67 3
1,312   806 506
1,122   715 407
603   451 152
990   292 698
623   409 214
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
      61,194
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       10
b       1,355
c       727
d       219
e       105
      13
      122
      -14
      -7
      -11
      -103
      -15
      173
      1,401
      524
      703
      531
      352
      -55
      -146
      904
      850
      17
      -123
      -80
      1,954
      178
      82
      1,702
      422
      106
      98
      99
      7,698
      5,535
      706
      2,445
      62
      694
      862
      402
      282
      3,553
      863
      -577
      116
      -5
      133
      47
      25
      -2
      3
      2,613
      -119
      503
      483
      105
      299
      169
      67
      -167
      190
      154
      537
      38
      589
      4,269
      -40
      48
      526
      -128
      554
      4,764
      66
      -90
      -268
      1,175
      144
      -251
      -36
      1
      171
      177
      38
      134
      -290
      -910
      -27
      437
      743
      763
      1,182
      61
      109
      -65
      562
      697
      6
      218
      80
      878
      2,217
      -12
      -188
      599
      -863
      -85
      -17
      -182
      -32
      -129
      -75
      -256
      -11
      -96
      -132
      4,691
      9,256
      3,246
      2,184
      412
      594
      86
      113
      -211
      -213
      595
      312
      341
      -70
      -273
      235
      33
      33
      591
      -2,826
      -4,521
      -176
      -25
      -206
      -88
      299
      -202
      -34
      1,329
      52
      120
      -50
      -298
      -49
      3,974
      21
      1
      3,990
      2,235
      1,429
      4,446
      955
      3,572
      1,169
      411
      496
      212
      71
      1,149
      -173
      51
      -28
      -56
      360
      451
      -34
      1
      123
      4,590
      698
      721
      100
      -54
      67
      744
      -231
      521
      29
      1,001
      22
      141
      10,063
      -43
      2,004
      -9
      -5
      10,153
      -41
      -171
      612
      363
      -12
      297
      251
      414
      419
      -344
      43
      1,923
      73
      364
      1,306
      917
      1,157
      -70
      365
      9
      47
      41
      24
      164
      34
      3
      3
      506
      407
      152
      698
      214
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 198,812
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 5,501
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 5,501
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 5,501
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 4,916
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 4,916
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....... 9 585
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)
NY
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 ofJP MORGAN CHASE BANK NA Telephone no. (800) 496-2583

Located at10 S DEARBORN ST MC IL 1-0111CHICAGOIL ZIP+460603
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)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
JP MORGAN CHASE BANK NA TRUSTEE
2 		75,638    
10 S DEARBORN ST MC IL 1-0111
CHICAGO,IL60603
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
7,380,757
b
Average of monthly cash balances.......................
1b
114,121
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
7,494,878
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
7,494,878
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
112,423
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,382,455
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
369,123
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
369,123
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
5,501
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,501
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
363,622
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
363,622
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
363,622
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
389,734
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
389,734
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 7 363,622
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 318,457
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: $ 389,734
a Applied to 2024, but not more than line 2a 318,457
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..... 71,277
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 .......... 		292,345
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).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
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

THE METROPOLITAN MUSEUM OF ART
ATTN ATTN H SUJIN KIM
1000 5TH AVE
NEW YORK,NY100280113 		NONE   GENERAL 181,712

ROBERT SCHALKENBACH FOUNDATION
ATTN MS GAYLE LAMBERT
211 E 43RD ST RM 400
NEW YORK,NY100178620 		NONE   GENERAL 181,712
Total ................................. 3a 363,424
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 ....     14 249,046  
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 ............ 		    18 198,812  
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) ..   447,858  
13Total. Add line 12, columns (b), (d), and (e)..................
13
447,858
(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

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TY 2025 ExpenditureResponsibilityStmt
Name:
FRANCIS NEILSON TR FUND B XXXXX8008
EIN:
36-6012472
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
ROBERT SCHALKENBACH FOUNDATION
  		90 JOHN STREET SUITE 502
NEW YORK,NY10038 		2025-12-15 181,712 SUPPORT OF PROGRAMMING 181,712 NO 3/11/2026 2026-03-11 NO VERIFICATION UNDERTAKEN AS THERE HAS BEEN NO REASON TO DOUBT THE USE OF THE GRANT.

TY 2025 InvestmentsCorpBondsSchedule
Name:
FRANCIS NEILSON TR FUND B XXXXX8008
EIN:
36-6012472
Name of Bond End of Year Book Value End of Year Fair Market Value
54401E143 LORD ABBETT SHRT DUR 148,093 138,829
72201F490 PIMCO INCOME FUND-IN 73,655 68,385
83002G108 SIX CIRCLES ULTR SHR 74,586 74,754
921937603 VANGUARD TTL BD MKT 82,827 76,995
92203J308 VANGUARD TTL INTL BN 381,518 339,286
83002G702 SIX CIRCLES GLOBAL B 1,265,409 1,175,543
83002G884 SIX CIRCLES CREDIT O 146,601 154,236
92203J407 VANGUARD TOTAL INTL 93,517 92,388
464287440 ISHARES 7-10 YEAR TR    
921937835 VANGUARD TOTAL BOND 128,909 131,326
92206C870 VANGUARD INT-TERM CO 107,439 114,403
92206C771 VANGUARD MORTGAGE-BA 75,098 76,646
46429B267 ISHARES US TREASURY 192,957 190,210

TY 2025 InvestmentsCorpStockSchedule
Name:
FRANCIS NEILSON TR FUND B XXXXX8008
EIN:
36-6012472
Name of Stock End of Year Book Value End of Year Fair Market Value
00287Y109 ABBVIE INC 3,163 9,825
02079K107 ALPHABET INC-CL C 1,198 26,045
023135106 AMAZON.COM INC 2,193 27,468
025816109 AMERICAN EXPRESS CO 2,098 7,399
037833100 APPLE INC 585 32,351
060505104 BANK OF AMERICA CORP 2,016 9,680
101137107 BOSTON SCIENTIFIC CO 1,301 6,007
110122108 BRISTOL-MYERS SQUIBB    
30303M102 META PLATFORMS INC-C 3,672 23,763
315911750 FIDELITY 500 INDEX F 74,002 83,551
337738108 FISERV INC    
438516106 HONEYWELL INTERNATIO    
532457108 ELI LILLY AND COMPAN 436 6,448
548661107 LOWE'S COS INC 4,194 8,199
57636Q104 MASTERCARD INC - A 752 14,272
580135101 MCDONALD'S CORP 4,639 6,418
594918104 MICROSOFT CORP 1,497 40,624
609207105 MONDELEZ INTERNATION 1,327 3,014
617446448 MORGAN STANLEY 1,295 11,184
65339F101 NEXTERA ENERGY INC 3,507 6,182
655844108 NORFOLK SOUTHERN COR    
67066G104 NVIDIA CORP 2,140 50,355
713448108 PEPSICO INC 3,346 4,880
78462F103 SPDR S&P 500 ETF TRU 391,708 1,791,404
83002G306 SIX CIRCLES US UNCON 527,378 949,180
83002G405 SIX CIRCLES INTL UNC 438,494 635,356
882508104 TEXAS INSTRUMENTS IN 2,783 8,154
91324P102 UNITEDHEALTH GROUP I 947 8,253
94106B101 WASTE CONNECTIONS IN 1,160 3,858
949746101 WELLS FARGO & CO 3,477 10,345
N6596X109 NXP SEMICONDUCTORS N    
09857L108 BOOKING HOLDINGS INC 3,323 10,711
461202103 INTUIT INC 4,078 3,975
883556102 THERMO FISHER SCIENT 4,685 6,374
N07059210 ASML HOLDING NV-NY R 877 3,210
20825C104 CONOCOPHILLIPS 1,177 2,059
22160K105 COSTCO WHOLESALE COR 1,953 3,449
363576109 ARTHUR J GALLAGHER & 2,518 4,658
43300A203 HILTON WORLDWIDE HOL 2,398 5,458
45687V106 INGERSOLL RAND INC    
46120E602 INTUITIVE SURGICAL I    
46641Q191 JPMORGAN BETABUILDER 115,552 119,992
46641Q217 JPMORGAN BETABUILDER 136,492 193,578
46641Q225 JPMORGAN BETABUILDER 65,635 124,713
46641Q233 JPMORGAN BETABUILDER 95,641 110,573
679580100 OLD DOMINION FREIGHT 2,653 2,979
75886F107 REGENERON PHARMACEUT    
G29183103 EATON CORP PLC 2,609 6,370
30231G102 EXXON MOBIL CORP 4,564 9,146
61174X109 MONSTER BEVERAGE COR    
743315103 PROGRESSIVE CORP 3,270 6,376
78409V104 S&P GLOBAL INC 3,186 4,703
573284106 MARTIN MARIETTA MATE 3,268 4,981
842587107 THE SOUTHERN COMPANY 6,759 8,110
863667101 STRYKER CORP 3,841 4,569
872540109 TJX COMPANIES INC 2,395 4,608
G54950103 LINDE PLC 2,227 5,969
11135F101 BROADCOM INC 9,448 13,844
127387108 CADENCE DESIGN SYS I 3,064 3,126
254687106 WALT DISNEY CO/THE 6,798 6,826
68902V107 OTIS WORLDWIDE CORP    
79466L302 SALESFORCE INC    
824348106 SHERWIN-WILLIAMS CO/    
032095101 AMPHENOL CORP-CL A 2,475 2,433
126408103 CSX CORP 5,046 5,111
26884L109 EQT CORP 2,792 2,626
278865100 ECOLAB INC 5,655 5,775
443201108 HOWMET AEROSPACE INC 5,229 6,971
478160104 JOHNSON & JOHNSON 7,928 10,141
81762P102 SERVICENOW INC 4,673 3,830
874039100 TAIWAN SEMICONDUCTOR 4,184 6,382
931142103 WALMART INC 3,894 4,456
G8994E103 TRANE TECHNOLOGIES P 5,855 5,838

TY 2025 InvestmentsOtherSchedule2
Name:
FRANCIS NEILSON TR FUND B XXXXX8008
EIN:
36-6012472
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
09257V508 BLACKSTONE ALT MULTI AT COST 104,689 107,675
64128R608 NEUBERGER BERM LNG S AT COST 66,862 77,301
72201U638 PIMCO MRTG OPP & BND AT COST 38,897 38,298
83002G876 SIX CIRCLES MULTI-ST AT COST 225,076 224,571

TY 2025 OtherDecreasesSchedule
Name:
FRANCIS NEILSON TR FUND B XXXXX8008
EIN:
36-6012472
Description Amount
2025 TRANSACTION POSTED IN 2026 6,620
ROUNDING 2
COST BASIS ADJUSTMENT 8


TY 2025 OtherExpensesSchedule
Name:
FRANCIS NEILSON TR FUND B XXXXX8008
EIN:
36-6012472
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ATTORNEY GENERAL FEE 250 0   250


TY 2025 OtherIncreasesSchedule
Name:
FRANCIS NEILSON TR FUND B XXXXX8008
EIN:
36-6012472
Description Amount
2024 TRANSACTION POSTED IN 2025 6,777


TY 2025 TaxesSchedule
Name:
FRANCIS NEILSON TR FUND B XXXXX8008
EIN:
36-6012472
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 73 73   0
FEDERAL TAX PAYMENT - PRIOR YE 4,566 0   0
FEDERAL ESTIMATES - INCOME 2,458 0   0
FOREIGN TAXES ON QUALIFIED FOR 1,880 1,880   0
FOREIGN TAXES ON NONQUALIFIED 532 532   0