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
The Mitchell Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address) PO Box 311
  Room/suite
City or town
McLean
State or province
VA
Country  
ZIP or foreign postal code
221010311
A Employer identification number

54-1852192
B Telephone number (see instructions)

7037594258
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)$5,878,608J 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) 100,000
2 Check .................
3 Interest on savings and temporary cash investments 202 202  
4 Dividends and interest from securities... 221,381 221,381  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,802
b Gross sales price for all assets on line 6a 2,221,189
7 Capital gain net income (from Part IV, line 2)... 6,802
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).......      
12 Total. Add lines 1 through 11........ 328,385 228,385  
Operating and Administrative Expenses 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).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,250 3,125   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
8,167 8,167   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
24,640 24,640   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 39,057 35,932   0
25 Contributions, gifts, grants paid....... 305,000 305,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 344,057 35,932   305,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -15,672
b Net investment income (if negative, enter -0-) 192,453
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 69,212 72,485 72,485
2 Savings and temporary cash investments.........      
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)      
b Investments—corporate stock (attach schedule)....... 5,391,906 Click to see attachment
List of Attached Documents:
// Content
5,374,784 		5,806,054
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
68 		Click to see attachment
List of Attached Documents:
// Content
69 		Click to see attachment
List of Attached Documents:
// Content
69
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,461,186 5,447,338 5,878,608
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 ) Click to see attachment
List of Attached Documents:
// Content
312 		Click to see attachment
List of Attached Documents:
// Content
2,136
23 Total liabilities (add lines 17 through 22)......... 312 2,136
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........... 5,460,874 5,445,202
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........    
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)..... 5,460,874 5,445,202
30 Total liabilities and net assets/fund balances (see instructions). 5,461,186 5,447,338
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
5,460,874
2
Enter amount from Part I, line 27a .....................
2
-15,672
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,445,202
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
5,445,202
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 1,704 shr AT&T INC   2025-06-17 2025-07-24
b 2 shr CALL GPC FEB 125 EXP 02/21/25   2025-02-24 2025-02-24
c 2 shr CALL GPC APR 130 EXP 04/17/25   2025-04-21 2025-04-21
d 9 shr CALL PPL MAY 37 EXP 05/16/25   2025-05-19 2025-05-19
e 9 shr CALL PPL NOV 39 EXP 11/21/25   2025-11-24 2025-11-24
59 shr ALTRIA GROUP INC   2024-05-21 2025-03-21
541 shr ALTRIA GROUP INC   2024-08-21 2025-03-21
174 shr ALTRIA GROUP INC   2024-08-21 2025-04-30
89 shr ALTRIA GROUP INC   2025-02-25 2025-04-30
230 shr ALTRIA GROUP INC   2025-02-25 2025-08-15
170 shr ALTRIA GROUP INC   2025-03-27 2025-08-15
688 shr BCE INC   2025-02-13 2025-06-17
4 shr BCE INC   2025-03-05 2025-06-17
152 shr BCE INC   2025-07-25 2025-11-26
590 shr BANK OF AMERICA CORP   2024-10-22 2025-05-16
410 shr BANK OF AMERICA CORP   2024-11-19 2025-05-16
60 shr BANK OF AMERICA CORP   2024-11-19 2025-06-20
63 shr BANK OF AMERICA CORP   2025-05-05 2025-06-20
877 shr BANK OF AMERICA CORP   2025-05-21 2025-06-20
16 shr BANK OF AMERICA CORP   2025-05-21 2025-08-21
52 shr BANK OF AMERICA CORP   2025-05-21 2025-12-19
448 shr BANK OF AMERICA CORP   2025-06-25 2025-12-19
119 shr BAXTER INTL INC   2024-02-22 2025-02-21
725 shr BAXTER INTL INC   2025-02-25 2025-08-22
123 shr BAXTER INTL INC   2025-05-05 2025-08-22
8 shr CALL O SEP 60 EXP 09/19/25   2025-09-22 2025-09-22
500 shr BRISTOL-MYERS SQUIBB CO   2024-09-25 2025-03-21
208 shr BRISTOL-MYERS SQUIBB CO   2025-03-27 2025-12-19
43 shr CHEVRON CORP NEW   2024-09-27 2025-06-23
49 shr CISCO SYS INC   2024-08-28 2025-01-17
455 shr CISCO SYS INC   2024-09-20 2025-01-17
196 shr CISCO SYS INC   2024-09-25 2025-01-17
556 shr CISCO SYS INC   2024-09-25 2025-05-16
44 shr CISCO SYS INC   2025-01-22 2025-05-16
400 shr CISCO SYS INC   2025-01-22 2025-05-16
57 shr CISCO SYS INC   2025-01-22 2025-06-20
443 shr CISCO SYS INC   2025-01-22 2025-06-20
493 shr CISCO SYS INC   2025-05-21 2025-10-17
407 shr CISCO SYS INC   2025-06-25 2025-10-17
34 shr CISCO SYS INC   2025-06-25 2025-11-21
466 shr CISCO SYS INC   2025-10-22 2025-11-21
4 shr CITIGROUP INC   2024-10-22 2025-01-17
396 shr CITIGROUP INC   2024-11-19 2025-01-17
320 shr CITIGROUP INC   2024-11-19 2025-07-18
80 shr CITIGROUP INC   2025-03-26 2025-07-18
256 shr CITIGROUP INC   2025-03-26 2025-09-19
44 shr CITIGROUP INC   2025-07-24 2025-09-19
209 shr CITIGROUP INC   2025-07-24 2025-12-19
91 shr CITIGROUP INC   2025-09-23 2025-12-19
10 shr CALL BAG JAN 47 EXP 01/17/25   2025-01-21 2025-01-21
1,752 shr CONAGRA BRANDS INC   2024-04-23 2025-03-24
2,056 shr CONAGRA BRANDS INC   2025-04-30 2025-08-15
67 shr CONAGRA BRANDS INC   2025-05-02 2025-08-15
377 shr CONAGRA BRANDS INC   2025-06-30 2025-08-15
31 shr CONAGRA BRANDS INC   2025-06-30 2025-08-22
300 shr DIAGEO PLC SPON ADR NEW   2025-08-22 2025-10-16
154 shr DIAGEO PLC SPON ADR NEW   2025-08-22 2025-10-22
7 shr CALL VZ JUN 45 EXP 06/20/25   2025-06-23 2025-06-23
363 shr DOW INC   2025-02-12 2025-04-21
42 shr DOW INC   2025-03-05 2025-04-21
492 shr DUKE ENERGY CORP   2024-09-25 2025-04-17
370 shr DUKE ENERGY CORP   2025-04-22 2025-10-17
42 shr DUKE ENERGY CORP   2025-04-22 2025-11-26
6 shr CALL SYY AUG 80 EXP 08/15/25   2025-08-18 2025-08-18
4 shr CALL SYY NOV 82 5 EXP 11/21/25   2025-11-24 2025-11-24
3 shr CALL PCAR SEP 105 EXP 09/19/25   2025-09-22 2025-09-22
3 shr CALL PCAR JUL 100 EXP 07/18/25   2025-07-21 2025-07-21
3 shr CALL PCAR OCT 100 EXP 10/17/25   2025-10-20 2025-10-20
7 shr CALL KDP SEP 36 EXP 09/19/25   2025-09-22 2025-09-22
7 shr CALL KDP DEC 29 EXP 12/19/25   2025-12-22 2025-12-22
10 shr CALL VICI MAY 32 5 EXP 05/16/25   2025-05-19 2025-05-19
2 shr CALL PPG JUN 115 EXP 06/20/25   2025-06-23 2025-06-23
4 shr CALL C JUN 80 EXP 06/20/25   2025-06-23 2025-06-23
6 shr CALL BMY AUG 52 5 EXP 08/15/25   2025-08-18 2025-08-18
4 shr CALL BMY JUN 50 EXP 06/20/25   2025-06-23 2025-06-23
6 shr CALL BMY JUN 50 EXP 06/20/25   2025-06-23 2025-06-23
4 shr CALL MDT JUN 90 EXP 06/20/25   2025-06-23 2025-06-23
11 shr CALL KVUE JUN 25 EXP 06/20/25   2025-06-23 2025-06-23
27 shr CALL DOC AUG 17 5 EXP 08/15/25   2025-08-18 2025-08-18
6 shr CALL BAC FEB 48 EXP 02/21/25   2025-02-24 2025-02-24
6 shr CALL BAG JUL 49 EXP 07/18/25   2025-07-21 2025-07-21
3 shr CALL C APR 77 5 EXP 04/17/25   2025-04-21 2025-04-21
7 shr CALL BMY SEP 50 EXP 09/19/25   2025-09-22 2025-09-22
5 shr CALL BMY FEB 60 EXP 02/21/25   2025-02-24 2025-02-24
5 shr CALL BMY JAN 58 EXP 01/17/25   2025-01-21 2025-01-21
1,106 shr HEALTHPEAK PROPERTIES INC REIT   2025-03-27 2025-08-22
366 shr HEALTHPEAK PROPERTIES INC REIT   2025-06-30 2025-08-22
6 shr CALL CSCO FEB 65 EXP 02/21/25   2025-02-24 2025-02-24
17 shr CALL CAG MAR 26 EXP 03/21/25   2025-03-24 2025-03-24
2 shr CALL PPG SEP 115 EXP 09/19/25   2025-09-22 2025-09-22
17 shr CALL T JUL 28 EXP 07/18/25   2025-07-21 2025-07-21
8 shr CALL TFC MAR 47 5 EXP 03/21/25   2025-03-24 2025-03-24
4 shr CALL SW SEP 45 EXP 09/19/25   2025-09-22 2025-09-22
7 shr CALL CMCSA SEP 35 EXP 09/19/25   2025-09-22 2025-09-22
6 shr CALL CMCSA FEB 40 EXP 02/21/25   2025-02-24 2025-02-24
21 shr JPMORGAN CHASE & CO COM   2024-11-19 2025-10-21
4 shr CALL MDT FEB 94 EXP 02/21/25   2025-02-24 2025-02-24
4 shr CALL JCI APR 87 5 EXP 04/17/25   2025-04-21 2025-04-21
4 shr CALL PM JAN 124 EXP 01/17/25   2025-01-21 2025-01-21
3 shr CALL DUK SEP 125 EXP 09/19/25   2025-09-22 2025-09-22
3 shr CALL DUK JUL 120 EXP 07/18/25   2025-07-21 2025-07-21
3 shr CALL DUK MAR 120 EXP 03/21/25   2025-03-24 2025-03-24
3 shr CALL DUK DEC 125 EXP 12/19/25   2025-12-22 2025-12-22
350 shr KEURIG DR PEPPER INC   2025-03-24 2025-04-30
4 shr CALL MDLZ MAR 66 EXP 03/21/25   2025-03-24 2025-03-24
4 shr CALL MDLZ APR 69 EXP 04/17/25   2025-04-21 2025-04-21
11 shr CALL KVUE APR 24 EXP 04/17/25   2025-04-21 2025-04-21
11 shr CALL KVUE MAR 24 5 EXP 03/21/25   2025-03-24 2025-03-24
21 shr CALL KVUE OCT 16 EXP 10/17/25   2025-10-20 2025-10-20
4 shr CALL MRK JUL 85 EXP 07/18/25   2025-07-21 2025-07-21
4 shr CALL MRK JAN 101 EXP 01/17/25   2025-01-21 2025-01-21
4 shr CALL MRK MAY 85 EXP 05/16/25   2025-05-19 2025-05-19
3 shr CALL RTX MAR 133 EXP 03/21/25   2025-03-24 2025-03-24
3 shr CALL RTX APR 138 EXP 04/17/25   2025-04-21 2025-04-21
7 shr CALL VZ MAY 46 EXP 05/16/25   2025-05-19 2025-05-19
4 shr CALL BAC AUG 49 EXP 08/15/25   2025-08-18 2025-08-18
6 shr CALL BAO APR 45 EXP 04/17/25   2025-04-21 2025-04-21
5 shr CALL BAC NOV 55 EXP 11/21/25   2025-11-24 2025-11-24
5 shr CALL BAC OCT 55 EXP 10/17/25   2025-10-20 2025-10-20
15 shr CALL BAX AUG 30 EXP 08/15/25   2025-08-18 2025-08-18
6 shr CALL CSCO MAR 66 EXP 03/21/25   2025-03-24 2025-03-24
5 shr CALL CSCO AUG 70 EXP 08/15/25   2025-08-18 2025-08-18
5 shr CALL CSCO SEP 69 EXP 09/19/25   2025-09-22 2025-09-22
12 shr CALL BMY NOV 48 EXP 11/21/25   2025-11-24 2025-11-24
10 shr CALL MO APR 59 EXP 04/17/25   2025-04-21 2025-04-21
4 shr CALL MO MAY 61 EXP 05/16/25   2025-05-19 2025-05-19
7 shr CALL MO OCT 67 5 EXP 10/17/25   2025-10-20 2025-10-20
4 shr CALL TFC SEP 48 EXP 09/19/25   2025-09-22 2025-09-22
6 shr CALL TFC SEP 46 EXP 09/19/25   2025-09-22 2025-09-22
7 shr CALL CMCSA AUG 37 5 EXP 08/15/25   2025-08-18 2025-08-18
7 shr CALL CMCSA MAY 37 EXP 05/16/25   2025-05-19 2025-05-19
3 shr CALL UPS JUN 101 EXP 06/20/25   2025-06-23 2025-06-23
3 shr CALL UPS JUL 107 EXP 07/18/25   2025-07-21 2025-07-21
3 shr CALL UPS AUG 107 EXP 08/15/25   2025-08-18 2025-08-18
10 shr CALL DOW MAR 38 EXP 03/21/25   2025-03-24 2025-03-24
4 shr CALL MRK AUG 88 EXP 08/15/25   2025-08-18 2025-08-18
483 shr MERCK & CO INC   2024-08-21 2025-02-25
158 shr MERCK & CO INC   2025-02-10 2025-02-25
3 shr CALL C OCT 110 EXP 10/17/25   2025-10-20 2025-10-20
3 shr CALL C NOV 103 EXP 11/21/25   2025-11-24 2025-11-24
11 shr CALL KVUE SEP 22 5 EXP 09/19/25   2025-09-22 2025-09-22
2 shr CALL GPC OCT 145 EXP 10/17/25   2025-10-20 2025-10-20
4 shr CALL COP SEP 103 EXP 09/19/25   2025-09-22 2025-09-22
3 shr CALL CSCO NOV 79 EXP 11/21/25   2025-11-24 2025-11-24
8 shr CALL CSCO DEC 79 EXP 12/19/25   2025-12-22 2025-12-22
6 shr CALL TFC OCT 48 EXP 10/17/25   2025-10-20 2025-10-20
7 shr CALL MO DEC 59 EXP 12/19/25   2025-12-22 2025-12-22
5 shr CALL MDT DEC 104 EXP 12/19/25   2025-12-22 2025-12-22
496 shr MONDELEZ INTL INC   2025-02-25 2025-04-30
80 shr NORFOLK SOUTHN CORP 1   2025-05-22 2025-12-23
34 shr NORFOLK SOUTHN CORP 1   2025-08-22 2025-12-23
500 shr NOVARTIS AG SPONSORED ADR   2025-02-25 2025-03-21
21 shr NOVARTIS AG SPONSORED ADR   2025-02-25 2025-03-31
142 shr PHILIP MORRIS INTL INC   2024-09-25 2025-02-21
400 shr PHILIP MORRIS INTL INC   2024-11-19 2025-02-21
9 shr PHILIP MORRIS INTL INC   2024-11-19 2025-02-25
10 shr RTX CORPORATION   2024-08-21 2025-06-20
290 shr RTX CORPORATION   2024-10-22 2025-06-20
93 shr RTX CORPORATION   2024-10-22 2025-06-25
818 shr REALTY INCOME CORP REIT   2025-08-22 2025-09-26
65 shr RIO TINTO PLC SPONSORED ADR   2024-04-23 2025-01-17
368 shr RIO TINTO PLC SPONSORED ADR   2024-05-21 2025-01-17
67 shr RIO TINTO PLC SPONSORED ADR   2024-08-07 2025-01-17
2 shr RIO TINTO PLC SPONSORED ADR   2024-08-07 2025-02-21
498 shr RIO TINTO PLC SPONSORED ADR   2025-01-22 2025-02-21
22 shr RIO TINTO PLC SPONSORED ADR   2025-01-22 2025-05-16
278 shr RIO TINTO PLC SPONSORED ADR   2025-02-25 2025-05-16
230 shr RIO TINTO PLC SPONSORED ADR   2025-02-25 2025-07-18
70 shr RIO TINTO PLC SPONSORED ADR   2025-05-21 2025-07-18
205 shr RIO TINTO PLC SPONSORED ADR   2025-05-21 2025-07-24
349 shr HEALTH CARE SELECT SECTOR   2025-08-22 2025-09-19
321 shr TRUIST FINL CORP   2024-08-05 2025-03-26
600 shr TRUIST FINL CORP   2024-08-05 2025-07-18
351 shr TRUIST FINL CORP   2025-02-06 2025-12-19
54 shr TRUIST FINL CORP   2025-07-24 2025-12-19
189 shr JOHNSON CTLS INTL PLC   2024-09-25 2025-02-21
211 shr JOHNSON CTLS INTL PLC   2024-12-10 2025-02-21
46 shr JOHNSON CTLS INTL PLC   2024-12-10 2025-05-16
354 shr JOHNSON CTLS INTL PLC   2025-02-25 2025-05-16
41 shr JOHNSON CTLS INTL PLC   2025-02-25 2025-05-21
26 shr BCE INC   2022-12-05 2025-06-17
973 shr BCE INC   2023-04-25 2025-06-17
1 shr BCE INC   2023-09-21 2025-06-17
353 shr BCE INC   2024-06-04 2025-06-17
581 shr BAXTER INTL INC   2023-12-21 2025-02-21
384 shr BAXTER INTL INC   2024-02-22 2025-08-22
289 shr BAXTER INTL INC   2024-05-31 2025-08-22
35 shr BRISTOL-MYERS SQUIBB CO   2024-09-25 2025-12-19
457 shr BRISTOL-MYERS SQUIBB CO   2024-11-19 2025-12-19
40 shr CHEVRON CORP   2021-03-23 2025-06-23
50 shr CHEVRON CORP   2021-07-22 2025-06-23
13 shr CHEVRON CORP   2021-10-25 2025-06-23
247 shr CHEVRON CORP   2022-01-24 2025-06-23
11 shr CHEVRON CORP   2024-01-29 2025-06-23
15 shr CONAGRA BRANDS INC   2024-01-29 2025-03-24
94 shr DOW INC   2023-12-21 2025-04-21
586 shr DOW INC   2024-03-20 2025-04-21
8 shr DUKE ENERGY CORP   2023-11-24 2025-04-17
30 shr DUKE ENERGY CORP   2024-09-25 2025-10-17
136 shr EOG RES INC   2022-07-21 2025-06-20
164 shr EOG RES INC   2022-08-24 2025-06-20
47 shr EOG RES INC   2022-08-24 2025-10-21
55 shr EXXON MOBIL CORP   2022-12-05 2025-11-26
3 shr GENERAL DYNAMICS CORP   2023-05-22 2025-08-21
12 shr GENERAL DYNAMICS CORP   2023-05-22 2025-10-27
527 shr HEALTHPEAK PROPERTIES INC REIT   2020-06-23 2025-03-21
685 shr HEALTHPEAK PROPERTIES INC REIT   2021-04-19 2025-03-21
88 shr HEALTHPEAK PROPERTIES INC REIT   2022-02-24 2025-03-21
100 shr HEALTHPEAK PROPERTIES INC REIT   2022-03-23 2025-03-21
105 shr HEALTHPEAK PROPERTIES INC REIT   2022-03-23 2025-08-22
398 shr HEALTHPEAK PROPERTIES INC REIT   2022-06-16 2025-08-22
505 shr HEALTHPEAK PROPERTIES INC REIT   2023-09-28 2025-08-22
277 shr HEALTHPEAK PROPERTIES INC REIT   2024-03-01 2025-08-22
38 shr INTERNATIONAL BUSINESS MACHS   2024-01-23 2025-06-05
28 shr INTERNATIONAL BUSINESS MACHS   2024-01-23 2025-10-24
61 shr JPMORGAN CHASE & CO   2022-11-21 2025-10-21
52 shr JPMORGAN CHASE & CO   2024-11-19 2025-12-23
824 shr KENVUE INC   2023-09-08 2025-10-21
294 shr KENVUE INC   2024-03-01 2025-10-21
1037 shr KENVUE INC   2024-09-25 2025-10-21
363 shr PPL CORP   2024-08-22 2025-11-26
149 shr TRAVELERS COMPANIES INC   2023-11-02 2025-01-13
41 shr TRUIST FINL CORP   2023-12-22 2025-03-26
195 shr TRUIST FINL CORP   2024-08-05 2025-12-19
56 shr UNITED PARCEL SERVICE INC   2024-03-13 2025-08-22
78 shr VERIZON COMMUNICATIONS INC   2023-09-22 2025-02-21
622 shr VERIZON COMMUNICATIONS INC   2023-11-24 2025-02-21
58 shr VERIZON COMMUNICATIONS INC   2023-11-24 2025-11-26
87 shr VERIZON COMMUNICATIONS INC   2024-09-25 2025-11-26
905 shr VICI PPTYS INC REIT   2021-05-19 2025-02-21
95 shr VICI PPTYS INC REIT   2021-06-14 2025-02-21
4 shr MEDTRONIC PLC   2024-01-23 2025-11-21
300 shr MEDTRONIC PLC   2024-01-23 2025-11-21
396 shr MEDTRONIC PLC   2024-09-25 2025-11-21
Capital Gains 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 47,642   47,280 362
b 240     240
c 266     266
d 360     360
e 406     406
3,388   2,732 656
31,069   27,954 3,115
10,292   8,991 1,301
5,264   4,985 279
13,986   12,882 1,104
10,338   9,880 458
15,223   16,242 -1,019
89   95 -6
3,535   3,673 -138
25,040   24,898 142
17,400   18,996 -1,596
2,749   2,780 -31
2,887   2,609 278
40,184   38,463 1,721
774   702 72
2,891   2,281 610
24,904   21,033 3,871
3,974   4,997 -1,023
17,557   25,986 -8,429
2,979   3,818 -839
335     335
30,794   25,001 5,793
11,126   12,306 -1,180
6,312   6,243 69
2,959   2,437 522
27,472   23,636 3,836
11,834   10,317 1,517
33,071   29,268 3,803
2,617   2,706 -89
25,008   24,601 407
3,742   3,506 236
29,083   28,228 855
34,786   31,414 3,372
28,718   27,761 957
2,612   2,319 293
35,793   32,732 3,061
295   251 44
29,216   27,192 2,024
27,478   21,974 5,504
6,870   5,911 959
25,871   18,914 6,957
4,447   4,229 218
22,394   20,088 2,306
9,751   9,534 217
240     240
44,898   54,890 -9,992
39,784   50,806 -11,022
1,296   1,592 -296
7,295   7,675 -380
607   631 -24
28,905   34,603 -5,698
15,219   17,763 -2,544
238     238
10,207   13,888 -3,681
1,181   1,584 -403
59,678   57,105 2,573
46,603   45,331 1,272
5,165   5,146 19
510     510
460     460
240     240
255     255
283     283
245     245
175     175
559     559
260     260
360     360
366     366
204     204
342     342
400     400
352     352
540     540
336     336
366     366
339     339
280     280
415     415
210     210
19,703   22,411 -2,708
6,520   6,310 210
486     486
680     680
170     170
272     272
328     328
300     300
231     231
330     330
6,333   5,108 1,225
353     353
320     320
261     261
480     480
405     405
285     285
381     381
12,105   11,856 249
220     220
280     280
352     352
275     275
735     735
348     348
384     384
368     368
315     315
321     321
483     483
268     268
336     336
305     305
235     235
684     684
378     378
587     587
390     390
625     625
600     600
272     272
329     329
176     176
282     282
280     280
259     259
365     365
390     390
525     525
770     770
572     572
43,793   56,089 -12,296
14,326   13,804 522
300     300
363     363
305     305
290     290
352     352
219     219
497     497
294     294
224     224
305     305
33,820   32,640 1,180
23,326   19,268 4,058
9,914   9,577 337
55,599   54,817 782
2,334   2,302 32
18,374   17,292 1,082
33,384   33,617 -233
1,411   1,173 238
1,401   1,174 227
40,629   36,266 4,363
13,110   11,630 1,480
49,314   48,583 731
3,942   4,302 -360
22,319   27,142 -4,823
4,063   4,212 -149
126   126 0
31,408   30,661 747
1,398   1,355 43
17,667   17,212 455
14,042   14,240 -198
4,274   4,362 -88
13,093   12,774 319
47,921   48,337 -416
13,574   13,121 453
25,776   24,525 1,251
16,852   16,868 -16
2,593   2,476 117
16,282   14,299 1,983
18,177   17,520 657
3,972   3,819 153
30,564   29,726 838
4,008   3,443 565
575   1,227 -652
21,529   46,143 -24,614
22   40 -18
7,811   12,061 -4,250
19,405   22,272 -2,867
9,299   16,126 -6,827
6,998   9,751 -2,753
1,872   1,750 122
24,445   26,660 -2,215
5,872   4,163 1,709
7,340   4,969 2,371
1,908   1,479 429
36,259   30,559 5,700
1,615   1,624 -9
384   438 -54
2,643   5,147 -2,504
16,478   33,565 -17,087
970   721 249
3,779   3,482 297
16,510   13,991 2,519
19,910   20,256 -346
5,026   5,805 -779
6,355   5,844 511
951   636 315
4,176   2,544 1,632
10,698   13,444 -2,746
13,905   22,044 -8,139
1,786   2,683 -897
2,030   3,288 -1,258
1,871   3,453 -1,582
7,090   9,435 -2,345
8,996   8,973 23
4,935   4,673 262
10,129   6,586 3,543
7,971   4,853 3,118
18,397   8,147 10,250
16,974   12,649 4,325
12,396   17,572 -5,176
4,423   5,537 -1,114
15,601   23,882 -8,281
13,302   11,467 1,835
34,716   24,842 9,874
1,734   1,510 224
9,362   7,971 1,391
4,992   8,796 -3,804
3,230   2,605 625
25,756   23,321 2,435
2,372   2,175 197
3,559   3,891 -332
27,421   27,303 118
2,878   3,072 -194
404   346 58
28,590   25,914 2,676
39,996   35,406 4,590
122     122
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       362
b       240
c       266
d       360
e       406
      656
      3,115
      1,301
      279
      1,104
      458
      -1,019
      -6
      -138
      142
      -1,596
      -31
      278
      1,721
      72
      610
      3,871
      -1,023
      -8,429
      -839
      335
      5,793
      -1,180
      69
      522
      3,836
      1,517
      3,803
      -89
      407
      236
      855
      3,372
      957
      293
      3,061
      44
      2,024
      5,504
      959
      6,957
      218
      2,306
      217
      240
      -9,992
      -11,022
      -296
      -380
      -24
      -5,698
      -2,544
      238
      -3,681
      -403
      2,573
      1,272
      19
      510
      460
      240
      255
      283
      245
      175
      559
      260
      360
      366
      204
      342
      400
      352
      540
      336
      366
      339
      280
      415
      210
      -2,708
      210
      486
      680
      170
      272
      328
      300
      231
      330
      1,225
      353
      320
      261
      480
      405
      285
      381
      249
      220
      280
      352
      275
      735
      348
      384
      368
      315
      321
      483
      268
      336
      305
      235
      684
      378
      587
      390
      625
      600
      272
      329
      176
      282
      280
      259
      365
      390
      525
      770
      572
      -12,296
      522
      300
      363
      305
      290
      352
      219
      497
      294
      224
      305
      1,180
      4,058
      337
      782
      32
      1,082
      -233
      238
      227
      4,363
      1,480
      731
      -360
      -4,823
      -149
      0
      747
      43
      455
      -198
      -88
      319
      -416
      453
      1,251
      -16
      117
      1,983
      657
      153
      838
      565
      -652
      -24,614
      -18
      -4,250
      -2,867
      -6,827
      -2,753
      122
      -2,215
      1,709
      2,371
      429
      5,700
      -9
      -54
      -2,504
      -17,087
      249
      297
      2,519
      -346
      -779
      511
      315
      1,632
      -2,746
      -8,139
      -897
      -1,258
      -1,582
      -2,345
      23
      262
      3,543
      3,118
      10,250
      4,325
      -5,176
      -1,114
      -8,281
      1,835
      9,874
      224
      1,391
      -3,804
      625
      2,435
      197
      -332
      118
      -194
      58
      2,676
      4,590
      122
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 6,802
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 2,675
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 2,675
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 2,675
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 6,000
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 6,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 1
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 3,324
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax3,324 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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
VA
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 addressN/A
14
The books are in care ofNorris E Mitchell Telephone no. (703) 759-4258

Located atPO Box 311McLeanVA ZIP+4221010311
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Norris E Mitchell Trustee
0.00 		0 0 0
749 Boehms Court
Great Falls,VA22066
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
5,558,885
b
Average of monthly cash balances.......................
1b
152,911
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
5,711,796
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
5,711,796
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
85,677
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,626,119
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
281,306
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
281,306
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
2,675
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,675
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
278,631
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
278,631
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
278,631
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
305,000
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
305,000
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 7 278,631
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......  
e From 2024...... 5,630
f Total of lines 3a through e ........ 5,630
4Qualifying distributions for 2025 from Part
XI, line 4: $ 305,000
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..... 278,631
e Remaining amount distributed out of corpus 26,369
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 31,999
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 ...... 		31,999
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 .... 5,630
e Excess from 2025 .... 26,369
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).)
Norris E Mitchell
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

Flint Hill School

3320 Jermantown Road
Oakton,VA22124 		None   Educational 10,000

Virginia Tech Foundation Inc

902 Prices Fork Road 0142
Blacksburg,VA24061 		None   Educational 285,000

Manassas IOP

9001 Digges Road Suite 104
Manassas,VA20110 		None   Charitable, Intensive Outpatient Program (IOP) 10,000
Total ................................. 3a 305,000
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 202  
4 Dividends and interest from securities ....     14 221,381  
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 6,802  
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) .. 0 228,385 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
228,385
(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
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
The Mitchell Foundation
 
Employer identification number

54-1852192
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
The Mitchell Foundation
  		Employer identification number
54-1852192
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
Norris E Mitchell
749 Boehms Court
 
Great Falls, VA22066

$ 100,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(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
The Mitchell Foundation
  		Employer identification number

54-1852192
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
The Mitchell Foundation
  		Employer identification number

54-1852192
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 (c) Use 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 (c) Use 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 (c) Use 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 (c) Use 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:  

TY 2025 AccountingFeesSchedule
Name:
The Mitchell Foundation
EIN:
54-1852192
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 6,250 3,125   0

TY 2025 InvestmentsCorpStockSchedule
Name:
The Mitchell Foundation
EIN:
54-1852192
Name of Stock End of Year Book Value End of Year Fair Market Value
103,500 Shs UBSI 3,610,413 3,974,400
35 Shs Altria Group 2,300 2,018
54 Shs AT&T 1,343 1,341
1,680 Shs BCE 80,338 40,018
462 Shs GE Aerospace (GE) 71,852 142,310
154 Shs GE Healthcare Technology 23,765 12,631
115 Shs GE Vernova 18,177 75,161
170 Shs Kinder Morgan 2,825 4,673
202 Shs United Bankshares 6,472 7,757
113 Shs Verizon 4,771 4,602
19 Shs WAB 1,483 4,056
13 Shs Warner Brothers Discover 410 375
57 Shs Annaly 1,913 1,275
597 Shs MEDTRONIC PLC 62,415 57,348
672 Shs SMURFIT WESTROCK PLC 32,776 25,986
711 Shs ALTRIA GROUP INC 44,424 40,996
501 Shs AMERICAN INTL GROUP INC 39,283 42,861
1,872 Shs BCE INC COM 45,240 44,591
860 Shs BANK OF AMERICA CORP 43,651 47,300
256 Shs BECTON DICKINSON & CO 47,954 49,682
1,038 Shs BRISTOL-MYERS SQUIBB CO 56,007 55,990
830 Shs CISCO SYS INC 61,056 63,935
408 Shs CITIGROUP INC 46,176 47,610
1,378 Shs COMCAST CORP NEW CLA 57,272 41,188
604 Shs CONOCOPHILLIPS 55,471 56,540
418 Shs DUKE ENERGY CORP 53,300 48,994
477 Shs EOG RES INC 58,433 50,090
377 Shs EXXON MOBIL CORP 42,512 45,368
1,878 Shs FIRST HORIZON CORPORATION 39,267 44,884
89 Shs GENERAL DYNAMICS CORP 18,869 29,963
237 Shs GENUINE PARTS CO 31,959 29,142
2,518 Shs HEALTHPEAK PROPERTIES INC REIT 47,708 40,489
123 Shs INTERNATIONAL BUSINESS MACHS 21,886 36,434
1,330 Shs KEURIG DR PEPPER INC 45,053 37,253
635 Shs MERCK & CO INC 56,877 66,840
226 Shs PNC FINL SVCS GROUP INC 44,766 47,173
377 Shs PPG INDS INC 37,474 38,627
1,401 Shs PPL CORP 44,255 49,063
500 Shs PACCAR INC 47,303 54,755
191 Shs QUALCOMM INC 31,556 32,671
637 Shs SYSCO CORP 49,512 46,941
951 Shs TRUIST FINL CORP 45,882 46,799
137 Shs UNION PAC CORP 32,082 31,691
411 Shs UNITED PARCEL SERVICE INC CL B 49,391 40,767
131 Shs UNITEDHEALTH GROUP INC 47,183 43,244
1,162 Shs VERIZON COMMUNICATIONS INC 51,315 47,328
1,881 Shs VICI PPTYS INC 60,414 52,894

TY 2025 OtherAssetsSchedule
Name:
The Mitchell Foundation
EIN:
54-1852192
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Dividends Receivable 68 69 69


TY 2025 OtherExpensesSchedule
Name:
The Mitchell Foundation
EIN:
54-1852192
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Oppenheimer Investment Management Fees 23,785 23,785   0
United Bank Wire Fee 25 25   0
Oppenheimer Misc Fees 830 830   0


TY 2025 OtherLiabilitiesSchedule
Name:
The Mitchell Foundation
EIN:
54-1852192
Description Beginning of Year - Book Value End of Year - Book Value
Call Option - Citigroup Inc (Exp 01/17/25) 312 0
Call Option - Merck Co (Exp 01/16/26) 0 372
Call Option - First Horizon (Exp 01/16/26) 0 450
Call Option - Paccar Inc (Exp 01/16/26) 0 693
Call Option - Trusit Financial (Exp 01/16/26) 0 316
Call Option - Bank of America (Exp 01/16/26) 0 305


TY 2025 TaxesSchedule
Name:
The Mitchell Foundation
EIN:
54-1852192
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Taxes 2,088 2,088   0
Federal Taxes 6,079 6,079   0