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
KENNEDY FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address) 320 MCCALLIE AVENUE
Room/suite

City or town
CHATTANOOGA

State or province
TN

Country

ZIP or foreign postal code
37402

A Employer identification number

62-1296643

B Telephone number (see instructions)

4237565171

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)$56,303,319J 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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	138,063
2	Check .................
3	Interest on savings and temporary cash investments	376,554		376,554
4	Dividends and interest from securities...	875,118		875,118
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		190,439
b	Gross sales price for all assets on line 6a 6,799,191
7	Capital gain net income (from Part IV, line 2)...			190,439
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......	List of Attached Documents: // Content	216	216
12	Total. Add lines 1 through 11........	1,580,390		1,442,327
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	46,260	0	46,260
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	4,844	0	4,844
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	266,418	266,418	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	18,547	18,547	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	5,146	176	4,970
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	341,215		285,141	56,074
25	Contributions, gifts, grants paid.......	2,262,000			2,262,000
26	Total expenses and disbursements. Add lines 24 and 25 ................	2,603,215		285,141	2,318,074
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-1,022,825
b	Net investment income (if negative, enter -0-)			1,157,186
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2025)

Form 990-PF (2025)

Page 2

Part II		Balance Sheets	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.............	34,292	36,554	36,554
	2	Savings and temporary cash investments.........	6,760,715	3,312,519	3,312,519
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	5,904,117	List of Attached Documents: // Content 8,215,176	8,215,176
	b	Investments—corporate stock (attach schedule).......	21,518,221	List of Attached Documents: // Content 22,865,818	22,865,818
	c	Investments—corporate bonds (attach schedule).......	3,613,583	List of Attached Documents: // Content 3,684,341	3,684,341
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............	46,315	44,115	44,115
	13	Investments—other (attach schedule)..........	15,167,755	List of Attached Documents: // Content 18,144,796	18,144,796
	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)	53,044,998	56,303,319	56,303,319
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	53,044,998	56,303,319
	29	Total net assets or fund balances (see instructions).....	53,044,998	56,303,319
	30	Total liabilities and net assets/fund balances (see instructions).	53,044,998	56,303,319

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) ...............

53,044,998

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

-1,022,825

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

List of Attached Documents:

// Content

4,281,148

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

56,303,321

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

List of Attached Documents:

// Content

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

56,303,319

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	SALE OF STOCKS, BONDS, AND MUTUAL FUNDS
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	6,799,191	6,608,752	190,439
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			190,439
b
c
d
e

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	190,439
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	16,085
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	16,085
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	16,085
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	16,000
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	16,000
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	216
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	301
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2026 estimated tax	Refunded	11
	For Refunded amount, also complete and attach Form 8050. See instructions.

Form 990-PF (2025)

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. $ 0(2) On foundation managers.$ 0

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

on foundation managers.$ 0

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 ofHENDERSON HUTCHERSON & MCCULLOUGH PLLC Telephone no. (423) 756-7771

Located at1200 MARKET STREETCHATTANOOGATN ZIP+437402

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)

(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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
JAMES D KENNEDY III	PRESIDENT 2.00	0	0	0
380 PADDOCK POINT ALEXANDER CITY,AL35010	PRESIDENT 2.00	0	0	0
MOLLY K KENNEDY	SECRETARY & TREASURER 1.00	0	0	0
2001 CLEARFIELD LANE CHATTANOOGA,TN37405	SECRETARY & TREASURER 1.00	0	0	0
ELIZABETH K SPRATLIN	CHAIRMAN 1.00	0	0	0
3357 COCHISE DRIVE SE ATLANTA,GA30339	CHAIRMAN 1.00	0	0	0

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.........................0

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...................

48,930,139

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

4,762,472

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

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

53,692,611

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.........................

53,692,611

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

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

805,389

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

52,887,222

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

2,644,361

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..................

2,644,361

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

16,085

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

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

16,085

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

2,628,276

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

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

2,628,276

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

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

2,628,276

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) ..........

2,318,074

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. .......

2,318,074

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					2,628,276
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2025:
a From 2020......
b From 2021......
c From 2022......
d From 2023......	11,747,451
e From 2024......
f Total of lines 3a through e ........		11,747,451
4Qualifying distributions for 2025 from Part
XI, line 4: $ 2,318,074
a Applied to 2024, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions) .....			0
c Treated as distributions out of corpus (Election required—see instructions) ........		0
d Applied to 2025 distributable amount.....					2,318,074
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2025.		310,202			310,202
(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		11,437,249
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2024. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2025. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2026 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2020 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......		11,437,249
10 Analysis of line 9:
a Excess from 2021 ....
b Excess from 2022 ....
c Excess from 2023 ....	11,437,249
d Excess from 2024 ....
e Excess from 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 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).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

R WAYNE PETERS GENERAL COUNSEL
320 MCCALLIE AVENUE
CHATTANOOGA,TN37402
(423) 756-5171

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

NO PRESCRIBED FORM

cAny submission deadlines:

NONE

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

ALL CONTRIBUTIONS ARE TO QUALIFIED 501(C) ORGANIZATIONS

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
AMERICAN HEART ASSOCIATION INC 7272 GREENVILLE AVE DALLAS,TX75231			TO SUPPORT ANNUAL CAMPAIGN	3,000
THE COOLIDGE NATIONAL MEDAL OF HONOR HERITAGE CENTER PO BOX 11467 CHATTANOOGA,TN37401			TO SUPPORT A PUBLIC CHARITY	50,000
HOUSTON MUSEUM OF DECORATIVE ARTS 1200 MARKET STREET CHATTANOOGA,TN37402			TO SUPPORT A PUBLIC CHARITY	100,000
UNIVERSITY OF CHATTANOOGA FOUNDATION 615 MCCALLIE AVE DEPT 6806 CHATTANOOGA,TN37403			TO PROVIDE FUNDING FOR A PROFESSORSHIP	100,000
UNIVERSITY OF CHATTANOOGA FOUNDATION 615 MCCALLIE AVE DEPT 6806 CHATTANOOGA,TN37403			TO FUND A NEW BUILDING FOR THE NURSING SCHOOL	1,600,000
MEMORIAL HEALTH CARE SYSTEM FOUNDATION INC 2525 DE SALES AVENUE CHATTANOOGA,TN37404			TO SUPPORT A PUBLIC CHARITY	200,000
SKYUKA HALL 5600 BRAINERD RD A24 CHATTANOOGA,TN37411			TO SUPPORT A PUBLIC CHARITY	84,000
HAITI DEAF ACADEMY 3766 WALKER ROAD WALKER,IA52352			TO SUPPORT A PUBLIC CHARITY	10,000
AGAPE YOUTH AND FAMILY CENTER 2210 MARIETTA BLVD NW Y ATLANTA,GA30318			TO SUPPORT A PUBLIC CHARITY	10,000
RETRIEVING INDEPENDENCE INC 2400 CLIFTON AVE NASHVILLE,TN37209			TO SUPPORT A PUBLIC CHARITY	10,000
DEO CLINIC INC 218 N FREDRICK ST DALTON,GA30721			TO SUPPORT A PUBLIC CHARITY	10,000
ERLANGER HEALTH 979 E 3RD ST CHATTANOOGA,TN37403			TO SUPPORT A PUBLIC CHARITY	20,000
UNITED WAY OF CENTRAL GEORGIA 301 MULBERRY ST MACON,GA31201			TO SUPPORT A PUBLIC CHARITY	20,000
SAINT ANNES EPISCOPAL CHURCH 3098 ST ANNES LN NW ATLANTA,GA30327			TO SUPPORT A PUBLIC CHARITY	20,000
FRIENDS OF SPECIAL CHILDREN PO BOX 5718 CHATTANOOGA,TN37406			TO SUPPORT A PUBLIC CHARITY	25,000
Total ................................. 3a				2,262,000

bApproved for future payment
SKYUKA HALL 5600 BRAINERD RD A24 CHATTANOOGA,TN37411	TO SUPPORT A PUBLIC CHARITY	166,000
Total ................................. 3b		166,000

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 ...........			14	376,554
4 Dividends and interest from securities ....			14	875,118
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 .....			18	216
8 Gain or (loss) from sales of assets other than inventory ............			18	190,439
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		1,442,327	0

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

1,442,327

(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

- TIN:

Schedule B
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

Name of the organization

KENNEDY FOUNDATION INC

Employer identification number

62-1296643

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 2025) Page 2

Name of organization KENNEDY FOUNDATION INC

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	THE ESTATE OF JAMES D KENNEDY JR 303 PEACHTREE STREET NE FL 2 ATLANTA, GA303083201	$ 138,063	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 3

Name of organization KENNEDY FOUNDATION INC		Employer identification number 62-1296643

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 4


Name of organization KENNEDY FOUNDATION INC			Employer identification number 62-1296643
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2025 AccountingFeesSchedule

Name:

KENNEDY FOUNDATION INC

EIN:

62-1296643

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	4,844	0		4,844

- TIN:

TY 2025 GeneralExplanationAttachment

Name:

KENNEDY FOUNDATION INC

EIN:

62-1296643

Identifier	Return Reference	Explanation
YEAR-END INVESTMENT LISTING	FORM 990-PF, PART II, LINES 10, 12, AND 13	MARKET VALUE - GOVERNMENT OBLIGATIONS$ 91,208.27 FED HOME LOAN MTGE CORP POOL #SD1662 73,882.75 FED HOME LOAN MTGE CORP POOL #RE6072 123,623.75 FEDERAL HOME LOAN MORTGAGE CORP 113,066.94 FEDERAL HOME LOAN MORTGAGE CORP 160,191.00 FEDERAL HOME LOAN MORTGAGE CORP 241,124.10 FEDERAL HOME LOAN MORTGAGE CORP 30,643.50 FEDERAL HOME LOAN MORTGAGE CORP 86,212.00 FEDERAL HOME LOAN MORTGAGE CORP 70,830.04 FEDERAL HOME LOAN MORTGAGE CORP 49,770.00 FEDERAL NATIONAL MORTGAGE ASSN 88,229.00 FEDERAL NATIONAL MORTGAGE ASSN 119,282.99 FED HOME LOAN MTGE CORP POOL #SD7556 177,072.66 FED HOME LOAN MTGE CORP POOL #SD8408 141,927.15 FED HOME LOAN MTGE CORP POOL #SD8438 38,889.90 FED HOME LOAN MTGE CORP POOL #RB5054 80,808.32 FED HOME LOAN MTGE CORP POOL #RB5148 37,914.80 FEDERAL NATIONAL MORTGAGE ASSN 21,947.45 FEDERAL NATIONAL MORTGAGE ASSN 76,636.67 FEDERAL NATIONAL MORTGAGE ASSN 144,934.50 FEDERAL NATIONAL MORTGAGE ASSN 102,065.00 FEDERAL NATIONAL MORTGAGE ASSN 62,261.92 FEDL NATL MTGE ASSN POOL #FS2157 106,264.86 FEDL NATL MTGE ASSN POOL #FS3167 190,046.27 FEDL NATL MTGE ASSN POOL #FS4157 91,733.85 FEDL NATL MTGE ASSN POOL #FS4651 162,045.16 FEDL NATL MTGE ASSN POOL #FS5284 55,326.07 FEDERAL NATIONAL MORTGAGE ASSN 133,195.58 FEDERAL NATIONAL MORTGAGE ASSN 83,591.05 FEDERAL NATIONAL MORTGAGE ASSN 28,341.35 FEDERAL NATIONAL MORTGAGE ASSN 79,431.40 FEDL NATL MTGE ASSN POOL #CB2856 21,803.90 FEDL NATL MTGE ASSN POOL #MA1148 19,975.64 FEDL NATL MTGE ASSN POOL #MA2065 14,344.92 FEDL NATL MTGE ASSN POOL #MA2151 17,122.57 FEDL NATL MTGE ASSN POOL #MA3309 16,730.43 FEDL NATL MTGE ASSN POOL #MA3336 16,652.30 FEDL NATL MTGE ASSN POOL #MA3337 55,768.55 FEDL NATL MTGE ASSN POOL #MA4205 86,700.66 FEDL NATL MTGE ASSN POOL #MA4655 88,059.25 FEDL NATL MTGE ASSN POOL #MA4840 175,020.05 FEDL NATL MTGE ASSN POOL #MA4941 186,903.61 FEDL NATL MTGE ASSN POOL #MA5585 242,615.00 GOVERNMENT NATIONAL MORTGAGE ASSN 18,522.60 UNITED STATES TREASURY BONDS 16,539.80 UNITED STATES TREASURY BONDS 252,294.25 UNITED STATES TREASURY BONDS 248,332.50 UNITED STATES TREASURY BONDS 299,924.80 UNITED STATES TREASURY BONDS 278,148.75 UNITED STATES TREASURY NOTES 405,092.00 UNITED STATES TREASURY NOTES 364,219.20 UNITED STATES TREASURY NOTES 100,040.00 UNITED STATES TREASURY NOTES 301,022.90 UNITED STATES TREASURY NOTES 121,347.91 UNITED STATES TREASURY NOTES 311,021.55 UNITED STATES TREASURY NOTES 369,489.20 UNITED STATES TREASURY NOTES 139,039.50 BALTIMORE CNTY MARYLAND GENERAL OBLIGATION 93,604.00 BEAUFORT CNTY NORTH CAROLINA LTD REVENUE BONDS 47,795.00 CALIFORNIA STATE GENERAL OBLIGATION 143,845.50 CALIFORNIA STATE GENERAL OBLIGATION 129,226.50 HARRIS CNTY TEXAS MET TRANSIT AUT TRANSPORTATION 120,010.00 LINCOLN NEBRASKA ELEC SYS REVENUE POWER REVENUE 90,834.00 MASSACHUSETTS STATE DEV FIN AGY HIGHER EDUCATION 92,213.00 MIAMI-DADE CNTY FLORIDA REVENUE BONDS 169,536.00 OHLONE CALIFORNIA CMNTY GENERAL OBLIGATION 98,882.00 PENNSYLVANIA STATE UNIV HIGHER EDUCATION $ 8,215,176.14 TOTAL GOVERNMENT OBLIGATIONS MARKET VALUE - COMMON STOCKS $ 199,108.47 CONOCOPHILLIPS 328,287.52 EXXON MOBIL CORP 150,040.42 KINDER MORGAN INC 41,580.59 OVINTIV INC 25,130.16 SHELL PLC SPONS AMERICAN DEPOSITORY RECEIPT 12,298.96 TOTALENERGIES SE 19,860.38 VALERO ENERGY CORP 34,371.00 DUPONT DE NEMOURS INC DD 42,003.20 ECOLAB INC 69,501.57 LINDE PLC 465,749.68 MARTIN MARIETTA MATLS INC 191,501.73 SHERWIN WILLIAMS 298,520.74 AMETEK INC 63,793.04 AUTOMATIC DATA PROCESSING INC 140,121.96 BOOZ ALLEN HAMILTON HOLDING CL A 155,772.66 BROADRIDGE FINL SOLUTIONS INC 197,993.34 CARLISLE COS INC 6,763.52 CARRIER GLOBAL CORP 323,098.68 CATERPILLAR INC 123,431.25 CSX CORP 136,800.60 CUMMINS INC 99,813.80 L3 HARRIS TECHNOLOGIES INC 112,312.08 NORFOLK SOUTHERN CORP 7,982.94 NORTHROP GRUMMAN CORPORATION 14,436.39 OWENS CORNING 382,347.60 PARKER HANNIFIN CORP 68,419.98 PENTAIR PLC 334,510.75 TRANSUNION 7,864.88 UNION PAC CORP 35,410.83 UNITED PARCEL SERVICE CL B 16,995.72 UNITED RENTALS INC 104,287.68 DEERE & CO 13,276.32 DOVER CORP 50,006.07 EATON CORP PLC 172,499.10 EQUIFAX INC 133,317.36 GENERAL DYNAMICS CORP 28,497.78 HOWMET AEROSPACE INC 16,370.48 IDEX CORP 13,705.06 INGERSOLL-RAND INC 154,956.50 JOHNSON CONTROLS INTERNATIONAL PLC 99,152.35 LOCKHEED MARTIN CORP 7,882.62 VERALTO CORPORATION 168,662.26 VERISK ANALYTICS INC 37,585.68 XYLEM INC 50,872.50 AUTOZONE INC 212,997.90 HOME DEPOT INC 10,588.40 LENNAR CORP CL A 36,656.32 LOWES COS INC 150,064.33 MCDONALDS CORP 216,350.12 O'REILLY AUTOMOTIVE INC 14,851.62 RALPH LAUREN CORP CL A 509,616.06 ROSS STORES INC 29,387.10 TAPESTRY INC 797,696.73 TJX COS INC 13,572.84 WILLIAMS-SONOMA INC 94,389.42 ALTRIA GROUP INC 14,494.83 BJ'S WHOLESALE CLUB HOLDINGS 146,950.82 COCA COLA CO 8,072.30 COCA-COLA EUROPACIFIC PARTNERS PLC 25,007.86 COSTCO WHOLESALE CORP 24,960.76 DOLLAR GENERAL CORP 5,548.95 KIMBERLY CLARK CORP 16,807.12 KROGER CO 19,442.55 LOREAL CO 7,751.52 MONDELEZ INTERNATIONAL INC 100,464.00 PEPSICO INC 246,214.00 PHILIP MORRIS INTL INC 227,719.59 PROCTER & GAMBLE CO 282,758.58 WALMART INC 31,653.50 AMERICAN INTL GROUP INC 25,282.08 AMERICAN TOWER CORP REAL ESTATE INVESTMENT TRUST AMT 142,852.08 ARTHUR J GALLAGHER & CO 193,600.00 BANK OF AMERICA CORP 223,937.61 BANK OF NEW YORK MELLON CORP 76,905.45 BERKSHIRE HATHAWAY INC-CL B 253,670.58 BLACKROCK INC 35,967.60 CHARLES SCHWAB CORP 74,284.56 CHUBB LTD 122,291.12 CITIGROUP INC 75,933.00 CITIZENS FINANCIAL GROUP INC 47,367.71 CROWN CASTLE INC REAL ESTATE INVESTMENT TRUST 1,569.65 F&G ANNUITIES & LIFE INC 146,047.20 FIFTH THIRD BANCORP 14,105.70 FISERV INC 46,292.32 FNF GROUP 40,221.00 GAMING AND LEISURE PROPERTIES INC REAL ESTATE 37,804.08 HEALTHPEAK PROPERTIES INC REAL ESTATE INVESTMENT TRUST 254,115.24 INTERCONTINENTAL EXCHANGE INC ICE 659,262.12 JP MORGAN CHASE & CO 103,162.70 LAMAR ADVERTISING CO REAL ESTATE INVESTMENT TRUST 561,058.65 MARKEL GROUP INC 40,999.92 MARSH & MCLENNAN COS INC 61,655.04 MASTERCARD INC CL A 217,479.70 METLIFE INC 1,523.37 MILLROSE PROPERTIES INC REAL ESTATE INVESTMENT TRUST 153,416.55 PNC FINL SVCS GROUP INC 40,078.72 PROGRESSIVE CORP 124,851.48 PROLOGIS INC REAL ESTATE INVESTMENT TRUST 202,280.96 PRUDENTIAL FINL INC 392,465.09 S&P GLOBAL INC 167,817.20 US BANCORP 417,344.90 VISA INC CL A 175,682.00 WELLS FARGO & CO 401,059.79 WHITE MOUNTAINS INSURANCE GROUP LTD 68,607.76 WP CAREY INC REAL ESTATE INVESTMENT TRUST 81,438.50 ABBOTT LABS 221,635.30 ABBVIE INC 108,873.27 BECTON DICKINSON & CO 34,112.75 CENCORA INC 344,982.44 DANAHER CORP 19,630.80 ELEVANCE HEALTH INC 78,676.34 GILEAD SCIENCES INC 274,208.75 JOHNSON & JOHNSON 12,544.00 LABCORP HOLDINGS INC 54,959.43 MCKESSON CORP 106,050.24 MEDTRONIC PLC 182,941.88 MERCK & CO INC 46,048.58 NOVARTIS AG SPONSORED AMERICAN DEPOSITORY RECEIPT 101,741.40 PFIZER INC 361,773.04 STERIS PLC 94,954.35 THE CIGNA GROUP 391,128.75 THERMO FISHER SCIENTIFIC INC 74,274.75 UNITEDHEALTH GROUP INC 29,064.42 ZOETIS INC 57,684.50 ACCENTURE PLC CL A 8,749.75 ADOBE INC 135,930.00 APPLE INC 42,403.35 APPLIED MATERIALS INC 304,594.29 AUTODESK INC 196,584.80 BROADCOM INC 395,933.40 CDW CORP 22,452.76 CHECK POINT SOFTWARE TECH LTD 319,674.50 CISCO SYSTEMS INC 184,668.96 GARTNER INC CL A 31,770.33 ORACLE CORPORATION 34,864.55 QNITY ELECTRONICS INC 162,155.40 QUALCOMM INC 32,194.00 SHOPIFY INC CL A 22,523.49 TE CONNECTIVITY PLC 445,323.12 GODADDY INC CLASS A 10,835.10 HUBSPOT INC 156,102.67 INTL BUSINESS MACHINES CORP 37,095.52 INTUIT INC 54,678.60 KLA CORP&N

- TIN:

TY 2025 InvestmentsCorpBondsSchedule

Name:

KENNEDY FOUNDATION INC

EIN:

62-1296643

Name of Bond	End of Year Book Value	End of Year Fair Market Value
CORPORATE BONDS	3,684,341	3,684,341

- TIN:

TY 2025 InvestmentsCorpStockSchedule

Name:

KENNEDY FOUNDATION INC

EIN:

62-1296643

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CORPORATE STOCK	22,865,818	22,865,818

- TIN:

TY 2025 InvestmentsGovtObligationsSch

Name:

KENNEDY FOUNDATION INC

EIN:

62-1296643

US Government Securities - End of Year Book Value:

7,090,190

US Government Securities - End of Year Fair Market Value:

7,090,190

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

1,124,986

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

1,124,986

- TIN:

TY 2025 InvestmentsOtherSchedule2

Name:

KENNEDY FOUNDATION INC

EIN:

62-1296643

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS	FMV	17,583,384	17,583,384
ASSET BACKED	FMV	561,412	561,412

- TIN:

TY 2025 LegalFeesSchedule

Name:

KENNEDY FOUNDATION INC

EIN:

62-1296643

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	46,260	0		46,260

- TIN:

TY 2025 OtherDecreasesSchedule

Name:

KENNEDY FOUNDATION INC

EIN:

62-1296643

Description	Amount
ROUNDING	2

- TIN:

TY 2025 OtherExpensesSchedule

Name:

KENNEDY FOUNDATION INC

EIN:

62-1296643

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INSURANCE	4,970	0		4,970
INVESTMENT FEES	176	176		0

- TIN:

TY 2025 OtherIncomeSchedule2

Name:

KENNEDY FOUNDATION INC

EIN:

62-1296643

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
LIQUIDATION LITIGATION PROCEEDS	216	216	216

- TIN:

TY 2025 OtherIncreasesSchedule

Name:

KENNEDY FOUNDATION INC

EIN:

62-1296643

Description	Amount
MARK TO MARKET GAIN	4,281,148

- TIN:

TY 2025 OtherProfessionalFeesSchedule

Name:

KENNEDY FOUNDATION INC

EIN:

62-1296643

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BROKERAGE FEES	266,418	266,418		0

- TIN:

TY 2025 TaxesSchedule

Name:

KENNEDY FOUNDATION INC

EIN:

62-1296643

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX	777	777		0
FEDERAL EXCISE TAX	17,770	17,770		0