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
THE NEW OPPORTUNITIES FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address) 2390 E CAMELBACK RD 410
Room/suite

City or town
PHOENIX

State or province
AZ

Country

ZIP or foreign postal code
85016

A Employer identification number

82-0577111

B Telephone number (see instructions)

6028088600

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)$13,773,143J Accounting method: Cash Accrual
Other (specify)MODIFIED CASH
(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)	1,672,000
2	Check .................
3	Interest on savings and temporary cash investments	9,609		9,609
4	Dividends and interest from securities...	262,589		262,589
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		499,914
b	Gross sales price for all assets on line 6a 1,460,481
7	Capital gain net income (from Part IV, line 2)...			499,914
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........	2,444,112		772,112
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).......	List of Attached Documents: // Content	1,150	0	0
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	35,732	35,732	0
17	Interest...............	209		0	0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	11,375	7,248	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	84	0	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	48,550		42,980	0
25	Contributions, gifts, grants paid.......	565,000			565,000
26	Total expenses and disbursements. Add lines 24 and 25 ................	613,550		42,980	565,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,830,562
b	Net investment income (if negative, enter -0-)			729,132
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.............	2,306,023	1,461,882	1,461,882
	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).......	8,532,952	List of Attached Documents: // Content 12,311,261	12,311,261
	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 )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	10,838,975	13,773,143	13,773,143
	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...........	9,650,721	12,395,650
	25	Net assets with donor restrictions............	1,188,254	1,377,493
		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).....	10,838,975	13,773,143
	30	Total liabilities and net assets/fund balances (see instructions).	10,838,975	13,773,143

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

10,838,975

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

1,830,562

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

List of Attached Documents:

// Content

1,103,606

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

13,773,143

Decreases not included in line 2 (itemize)

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

13,773,143

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	ADVANCED MICRO DEVICES INC	P	2021-03-15	2025-05-02
b	ADVANCED MICRO DEVICES INC	P	2021-06-28	2025-06-20
c	ADVANCED MICRO DEVICES INC	P	2021-03-15	2025-07-07
d	ADVANCED MICRO DEVICES INC	P	2021-03-15	2025-08-01
e	ADVANCED MICRO DEVICES INC	P	2021-03-15	2025-08-04
	ADVANCED MICRO DEVICES INC	P	2021-03-15	2025-09-17
	ADVANCED MICRO DEVICES INC	P	2021-03-15	2025-09-17
	ADVANCED MICRO DEVICES INC	P	2021-03-15	2025-10-09
	ADVANCED MICRO DEVICES INC	P	2021-03-15	2025-11-19
	AECOM	P	2024-11-15	2025-05-02
	AECOM	P	2024-03-28	2025-06-20
	ALCON INC CHF	P	2019-06-17	2025-06-20
	ALPHABET INC CL A	P	2025-07-07	2025-10-23
	ALPHABET INC CL A	P	2025-07-07	2025-11-19
	ALPHABET INC CL A	P	2025-06-20	2025-11-21
	ALPHABET INC CL A	P	2025-07-07	2025-12-04
	AMAZON.COM INC	P	2023-05-11	2025-06-20
	AMERICAN CENTURY LARGE CAP EQUITY FUND CLASS I	P	2019-06-13	2025-04-08
	AMERIPRISE FINANCIAL INC	P	2019-06-17	2025-01-10
	AMERIPRISE FINANCIAL INC	P	2019-06-17	2025-03-17
	AMERIPRISE FINANCIAL INC	P	2020-01-24	2025-03-17
	AMERIPRISE FINANCIAL INC	P	2020-04-06	2025-03-17
	AMERIPRISE FINANCIAL INC	P	2019-06-17	2025-06-30
	AMERIPRISE FINANCIAL INC	P	2019-08-02	2025-06-30
	AMERIPRISE FINANCIAL INC	P	2019-08-16	2025-06-30
	AMERIPRISE FINANCIAL INC	P	2019-08-16	2025-06-30
	AMERIPRISE FINANCIAL INC	P	2020-03-11	2025-06-30
	AMERIPRISE FINANCIAL INC	P	2024-11-29	2025-06-30
	APOLLO GLOBAL MGMT INC	P	2024-07-22	2025-01-07
	APOLLO GLOBAL MGMT INC	P	2024-08-08	2025-01-07
	APOLLO GLOBAL MGMT INC	P	2024-08-08	2025-01-23
	APTIV PLC	P	2019-06-17	2025-05-02
	APTIV PLC	P	2019-06-17	2025-08-01
	APTIV PLC	P	2019-06-17	2025-08-04
	APTIV PLC	P	2019-06-17	2025-09-17
	ASHTEAD GROUP PLC ORD UNSPONSORED ADR	P	2019-06-17	2025-01-13
	ASHTEAD GROUP PLC ORD UNSPONSORED ADR	P	2019-06-17	2025-01-14
	ASHTEAD GROUP PLC ORD UNSPONSORED ADR	P	2022-10-19	2025-01-14
	ASML HLDG NV EUR	P	2024-11-07	2025-10-20
	ASTRAZENECA PLC SPON ADR	P	2021-05-17	2025-06-20
	AUTODESK INC	P	2024-10-11	2025-01-23
	AXA ADR	P	2021-05-17	2025-01-13
	AXA ADR	P	2021-06-29	2025-01-13
	AXA ADR	P	2021-06-29	2025-01-23
	AXA ADR	P	2021-06-29	2025-06-20
	AXA ADR	P	2021-06-29	2025-10-20
	AXA ADR	P	2021-09-13	2025-10-20
	AXA ADR	P	2021-09-29	2025-10-20
	AXA ADR	P	2021-12-28	2025-10-20
	AXA ADR	P	2021-12-28	2025-10-21
	AXA ADR	P	2023-10-30	2025-10-21
	AXA ADR	P	2025-04-08	2025-10-21
	AZEK CO INC CL A	P	2020-11-27	2025-05-02
	AZEK CO INC CL A	P	2020-11-27	2025-07-02
	AZEK CO INC CL A	P	2021-02-17	2025-07-02
	AZEK CO INC CL A	P	2021-06-02	2025-07-02
	AZEK CO INC CL A	P	2022-11-07	2025-07-02
	AZEK CO INC CL A	P	2023-05-17	2025-07-02
	AZEK CO INC CL A	P	2024-11-29	2025-07-02
	BANCO BILBAO VIZCAYA ARGENTARIA S.A. SPON ADR	P	2025-01-10	2025-06-20
	BANK IRELAND GROUP PLC EUR	P	2023-09-28	2025-09-30
	BANK IRELAND GROUP PLC EUR	P	2023-09-29	2025-09-30
	BANK IRELAND GROUP PLC EUR	P	2023-09-29	2025-10-01
	BLOOM ENERGY CORP CL A	P	2020-10-02	2025-04-08
	BLOOM ENERGY CORP CL A	P	2020-10-02	2025-05-02
	BLOOM ENERGY CORP CL A	P	2022-07-07	2025-05-02
	BLOOM ENERGY CORP CL A	P	2023-04-05	2025-05-02
	BLOOM ENERGY CORP CL A	P	2023-12-14	2025-05-02
	BLOOM ENERGY CORP CL A	P	2024-11-29	2025-05-02
	BROADCOM INC	P	2023-09-28	2025-01-07
	BROADCOM INC	P	2023-09-28	2025-01-23
	BROADCOM INC	P	2023-08-04	2025-05-02
	BROADCOM INC	P	2023-09-28	2025-06-20
	BROADCOM INC	P	2023-09-28	2025-09-29
	BROADCOM INC	P	2023-09-28	2025-10-13
	BROADCOM INC	P	2023-08-04	2025-11-19
	BROADCOM INC	P	2023-08-04	2025-11-20
	BROADCOM INC	P	2023-09-28	2025-11-21
	BRUNSWICK CORP	P	2022-07-07	2025-04-02
	BRUNSWICK CORP	P	2022-07-07	2025-04-04
	BRUNSWICK CORP	P	2022-11-07	2025-04-04
	BRUNSWICK CORP	P	2023-07-27	2025-04-04
	BRUNSWICK CORP	P	2024-02-23	2025-04-04
	BRUNSWICK CORP	P	2024-11-29	2025-04-04
	CADENCE DESIGN SYSTEM	P	2021-06-21	2025-01-23
	CADENCE DESIGN SYSTEM	P	2020-12-17	2025-05-02
	CADENCE DESIGN SYSTEM	P	2021-06-21	2025-08-11
	CADENCE DESIGN SYSTEM	P	2021-06-21	2025-08-12
	CADENCE DESIGN SYSTEM	P	2020-12-17	2025-10-09
	CADENCE DESIGN SYSTEM	P	2021-06-21	2025-10-13
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2019-06-13	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2019-12-02	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2019-12-02	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2020-03-20	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2020-06-19	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2020-12-04	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2020-12-04	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2021-12-06	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2021-12-06	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2021-12-06	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2022-12-15	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2023-08-18	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2023-12-14	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2024-06-21	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2024-12-12	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2024-12-12	2025-03-31
	CALVERT U.S. LARGE CAP VALUE RESPONSIBLE INDEX FUND CLASS I	P	2024-12-12	2025-03-31
	CANADIAN PAC KANS CITY LTD CAD	P	2021-10-18	2025-05-09
	CANADIAN PAC KANS CITY LTD CAD	P	2022-02-02	2025-05-09
	CANADIAN PAC KANS CITY LTD CAD	P	2022-02-02	2025-05-12
	CANADIAN PAC KANS CITY LTD CAD	P	2022-02-02	2025-11-21
	CANADIAN PAC KANS CITY LTD CAD	P	2022-02-03	2025-11-21
	CANADIAN PAC KANS CITY LTD CAD	P	2022-03-07	2025-11-21
	CANADIAN PAC KANS CITY LTD CAD	P	2022-03-07	2025-11-24
	CF INDUSTRIES HOLDINGS INC	P	2023-07-26	2025-01-07
	CF INDUSTRIES HOLDINGS INC	P	2023-07-26	2025-01-23
	CF INDUSTRIES HOLDINGS INC	P	2023-07-26	2025-02-06
	CF INDUSTRIES HOLDINGS INC	P	2023-07-27	2025-02-06
	CF INDUSTRIES HOLDINGS INC	P	2023-09-28	2025-02-06
	CF INDUSTRIES HOLDINGS INC	P	2023-10-03	2025-02-06
	CF INDUSTRIES HOLDINGS INC	P	2024-02-23	2025-02-06
	CHIPOTLE MEXICAN GRILL INC CL A	P	2025-04-04	2025-05-02
	CMS ENERGY CORP	P	2023-12-14	2025-05-02
	CMS ENERGY CORP	P	2024-09-06	2025-05-02
	CMS ENERGY CORP	P	2024-09-06	2025-05-02
	CMS ENERGY CORP	P	2024-11-29	2025-05-02
	CMS ENERGY CORP	P	2025-04-07	2025-06-20
	COSTCO WHOLESALE CORP	P	2019-06-17	2025-06-20
	COSTCO WHOLESALE CORP	P	2020-04-06	2025-06-20
	COSTCO WHOLESALE CORP	P	2023-02-22	2025-06-20
	COSTCO WHOLESALE CORP	P	2020-06-24	2025-07-07
	COSTCO WHOLESALE CORP	P	2020-06-24	2025-07-08
	DANONE SPON ADR	P	2021-08-16	2025-06-20
	DANONE SPON ADR	P	2021-08-16	2025-11-21
	DANONE SPON ADR	P	2023-01-13	2025-11-21
	DANONE SPON ADR	P	2023-01-13	2025-11-25
	DEXCOM INC	P	2023-08-30	2025-05-02
	ECOLAB INC	P	2019-06-17	2025-01-07
	EMERSON ELECTRIC CO	P	2023-08-04	2025-08-01
	EMERSON ELECTRIC CO	P	2023-09-13	2025-08-01
	EMERSON ELECTRIC CO	P	2023-12-14	2025-08-01
	EMERSON ELECTRIC CO	P	2024-11-29	2025-08-01
	EQUINOR ASA SPON ADR	P	2019-06-27	2025-06-20
	EXPAND ENERGY CORP	P	2025-01-07	2025-11-21
	FIDELITY NATL INFORMATION SVCS	P	2024-02-23	2025-05-02
	FIDELITY NATL INFORMATION SVCS	P	2024-02-23	2025-10-02
	FIDELITY NATL INFORMATION SVCS	P	2024-11-29	2025-10-02
	FIRST HORIZON CORP	P	2024-12-20	2025-01-23
	FIRST HORIZON CORP	P	2024-12-20	2025-06-20
	GE VERNOVA LLC COM	P	2024-09-06	2025-01-23
	GE VERNOVA LLC COM	P	2024-09-06	2025-04-04
	GE VERNOVA LLC COM	P	2024-09-06	2025-04-07
	GE VERNOVA LLC COM	P	2024-09-06	2025-06-20
	GE VERNOVA LLC COM	P	2024-09-06	2025-08-01
	GE VERNOVA LLC COM	P	2024-09-06	2025-08-11
	GE VERNOVA LLC COM	P	2024-09-06	2025-10-24
	GE VERNOVA LLC COM	P	2024-09-06	2025-12-04
	GE VERNOVA LLC COM	P	2024-11-29	2025-12-04
	GE VERNOVA LLC COM	P	2025-10-06	2025-12-04
	GENMAB A/S SPON ADR	P	2019-06-17	2025-05-09
	GENMAB A/S SPON ADR	P	2019-06-17	2025-05-12
	GENMAB A/S SPON ADR	P	2019-12-17	2025-05-12
	GENMAB A/S SPON ADR	P	2020-04-06	2025-05-12
	GENMAB A/S SPON ADR	P	2024-03-28	2025-05-12
	GENMAB A/S SPON ADR	P	2024-04-01	2025-05-12
	GENMAB A/S SPON ADR	P	2024-04-02	2025-05-12
	HALEON PLC SPON ADR	P	2023-10-09	2025-06-20
	HAYWARD HLDGS INC	P	2023-08-04	2025-05-02
	HSBC HOLDINGS PLC NEW GB SPON ADR	P	2022-06-24	2025-06-20
	HSBC HOLDINGS PLC NEW GB SPON ADR	P	2022-06-24	2025-07-18
	HSBC HOLDINGS PLC NEW GB SPON ADR	P	2022-06-27	2025-07-18
	HSBC HOLDINGS PLC NEW GB SPON ADR	P	2022-06-27	2025-07-21
	INGERSOLL RAND INC	P	2020-04-06	2025-01-07
	INGERSOLL RAND INC	P	2021-05-17	2025-01-07
	INGERSOLL RAND INC	P	2025-08-01	2025-10-23
	INTEL CORP	P	2024-04-26	2025-05-02
	INTEL CORP	P	2024-07-19	2025-06-20
	INTEL CORP	P	2024-04-26	2025-07-07
	INTEL CORP	P	2024-06-12	2025-07-07
	INTEL CORP	P	2024-07-09	2025-07-07
	INTEL CORP	P	2024-07-11	2025-07-07
	INTEL CORP	P	2024-11-29	2025-07-07
	INTEL CORP	P	2024-07-19	2025-09-29
	INTEL CORP	P	2024-07-22	2025-09-29
	INTEL CORP	P	2024-07-22	2025-11-21
	INTL FLAVORS&FRGRNCS	P	2022-07-29	2025-05-02
	ISHARES ESG AWARE USD CORPORAT ETF	P	2020-04-21	2025-10-17
	JAMES HARDIE INDS PLC	P	2025-07-01	2025-07-15
	KONINKLIJKE PHILIPS NV SPON ADR	P	2022-03-07	2025-01-23
	KONINKLIJKE PHILIPS NV SPON ADR	P	2022-03-07	2025-06-20
	LATTICE SEMICONDUCTOR CORP	P	2024-01-24	2025-04-07
	LATTICE SEMICONDUCTOR CORP	P	2024-02-23	2025-04-07
	LATTICE SEMICONDUCTOR CORP	P	2024-06-13	2025-04-07
	LATTICE SEMICONDUCTOR CORP	P	2024-10-03	2025-04-07
	LATTICE SEMICONDUCTOR CORP	P	2024-10-04	2025-04-07
	LATTICE SEMICONDUCTOR CORP	P	2024-11-07	2025-04-07
	LATTICE SEMICONDUCTOR CORP	P	2024-11-07	2025-04-08
	LILLY ELI & CO	P	2019-06-17	2025-01-23
	LILLY ELI & CO	P	2019-06-17	2025-06-20
	LILLY ELI & CO	P	2022-03-18	2025-11-19
	LINDE PLC NEW EUR	P	2019-06-17	2025-11-21
	LINDE PLC NEW EUR	P	2020-12-01	2025-11-21
	LONDON STOCK EXCHANGE GROUP PLC NEW GBP	P	2022-01-14	2025-01-07
	LONDON STOCK EXCHANGE GROUP PLC NEW GBP	P	2022-01-14	2025-05-12
	LONDON STOCK EXCHANGE GROUP PLC NEW GBP	P	2022-01-18	2025-05-12
	LONDON STOCK EXCHANGE GROUP PLC NEW GBP	P	2022-01-18	2025-06-23
	LONDON STOCK EXCHANGE GROUP PLC NEW GBP	P	2022-02-04	2025-06-23
	LONDON STOCK EXCHANGE GROUP PLC NEW GBP	P	2023-03-09	2025-06-23
	LONDON STOCK EXCHANGE GROUP PLC NEW GBP	P	2023-03-09	2025-06-24
	LONDON STOCK EXCHANGE GROUP PLC NEW GBP	P	2024-06-13	2025-06-24
	LONDON STOCK EXCHANGE GROUP PLC NEW GBP	P	2024-08-09	2025-06-24
	MAGNUM ICE CREAM CO EUR	P	2019-06-17	2025-12-08
	MARSH	P	2016-06-16	2025-01-23
	MARSH	P	2020-06-24	2025-05-02
	MARSH	P	2016-06-16	2025-06-20
	MASCO CORP	P	2023-09-28	2025-06-20
	MASCO CORP	P	2023-09-29	2025-06-20
	MASCO CORP	P	2023-09-29	2025-06-20
	MASCO CORP	P	2023-09-29	2025-06-23
	MICHELIN COMPAGNIE GENERALE DE EUR	P	2021-03-15	2025-01-13
	MICHELIN COMPAGNIE GENERALE DE EUR	P	2021-06-29	2025-01-13
	MICRON TECHNOLOGY INC	P	2019-06-17	2025-06-20
	MICRON TECHNOLOGY INC	P	2021-11-16	2025-07-07
	MICRON TECHNOLOGY INC	P	2021-11-16	2025-09-17
	MICRON TECHNOLOGY INC	P	2019-06-17	2025-09-29
	MICRON TECHNOLOGY INC	P	2019-06-17	2025-10-08
	MICRON TECHNOLOGY INC	P	2021-11-16	2025-10-09
	MICRON TECHNOLOGY INC	P	2023-04-05	2025-10-09
	MICRON TECHNOLOGY INC	P	2019-06-17	2025-10-13
	MICRON TECHNOLOGY INC	P	2019-06-17	2025-10-20
	MICRON TECHNOLOGY INC	P	2019-06-17	2025-10-22
	MICRON TECHNOLOGY INC	P	2023-04-05	2025-11-19
	MICROSOFT CORP	P	2018-06-12	2025-01-23
	MICROSOFT CORP	P	2020-09-02	2025-05-02
	MICROSOFT CORP	P	2018-06-12	2025-06-20
	MIROVA GLOBAL MEGATRENDS FUND CLASS Y	P	2020-02-14	2025-05-14
	MONGODB INC	P	2024-07-19	2025-08-28
	MONGODB INC	P	2024-11-15	2025-09-17
	MONGODB INC	P	2024-07-19	2025-09-19
	MONGODB INC	P	2024-08-08	2025-09-19
	MONGODB INC	P	2024-08-08	2025-09-29
	MONGODB INC	P	2024-09-30	2025-09-29
	MONGODB INC	P	2024-10-03	2025-09-29
	MONGODB INC	P	2024-11-15	2025-10-09
	MONGODB INC	P	2024-10-03	2025-10-13
	MONGODB INC	P	2024-11-07	2025-10-13
	MONGODB INC	P	2024-11-15	2025-11-19
	MONGODB INC	P	2025-04-02	2025-11-19
	MONGODB INC	P	2024-11-07	2025-12-04
	MONGODB INC	P	2025-04-02	2025-12-04
	MONGODB INC	P	2025-04-07	2025-12-04
	MSA SAFETY INC COM	P	2020-03-24	2025-04-02
	MSA SAFETY INC COM	P	2019-06-17	2025-06-20
	MSA SAFETY INC COM	P	2020-03-24	2025-08-01
	MSA SAFETY INC COM	P	2020-06-24	2025-08-01
	MSA SAFETY INC COM	P	2020-07-31	2025-08-01
	MSA SAFETY INC COM	P	2024-11-29	2025-08-01
	MSA SAFETY INC COM	P	2019-06-17	2025-08-12
	MSA SAFETY INC COM	P	2019-06-27	2025-08-12
	MSA SAFETY INC COM	P	2020-04-06	2025-08-12
	MSA SAFETY INC COM	P	2020-04-06	2025-08-13
	MSA SAFETY INC COM	P	2020-04-22	2025-08-13
	MSA SAFETY INC COM	P	2022-11-11	2025-08-13
	NVIDIA CORP	P	2024-04-26	2025-05-02
	NVIDIA CORP	P	2025-01-07	2025-06-20
	ON SEMICONDUCTOR CORP	P	2022-12-02	2025-08-01
	ON SEMICONDUCTOR CORP	P	2023-04-05	2025-08-01
	ON SEMICONDUCTOR CORP	P	2024-04-26	2025-08-01
	ON SEMICONDUCTOR CORP	P	2024-11-29	2025-08-01
	ON SEMICONDUCTOR CORP	P	2025-04-04	2025-08-01
	ONTERRIS INC	P	2020-12-01	2025-06-20
	ONTERRIS INC	P	2020-09-03	2025-08-01
	ONTERRIS INC	P	2020-10-13	2025-08-01
	ONTERRIS INC	P	2020-11-27	2025-08-01
	ONTERRIS INC	P	2020-11-27	2025-08-04
	ONTERRIS INC	P	2021-09-29	2025-08-04
	ONTERRIS INC	P	2023-03-01	2025-08-04
	ONTERRIS INC	P	2020-12-01	2025-08-07
	ONTERRIS INC	P	2020-12-01	2025-08-08
	ONTERRIS INC	P	2020-12-01	2025-08-11
	ONTERRIS INC	P	2020-12-01	2025-08-12
	OPTION CARE HEALTH INC	P	2023-03-02	2025-08-01
	OPTION CARE HEALTH INC	P	2023-06-15	2025-08-01
	PINTEREST INC CL A	P	2025-05-09	2025-12-04
	PINTEREST INC CL A	P	2025-05-12	2025-12-04
	PROGRESSIVE CORP OHIO	P	2024-08-08	2025-06-20
	PROLOGIS INC COM	P	2020-03-30	2025-05-02
	PROLOGIS INC COM	P	2020-03-30	2025-08-01
	PROLOGIS INC COM	P	2020-06-10	2025-08-01
	PROLOGIS INC COM	P	2024-09-06	2025-08-01
	PROLOGIS INC COM	P	2024-11-29	2025-08-01
	PT BK MANDIRI PERSERO TBK ADR	P	2020-05-08	2025-01-23
	PT BK MANDIRI PERSERO TBK ADR	P	2020-05-08	2025-10-27
	PT BK MANDIRI PERSERO TBK ADR	P	2020-05-08	2025-10-28
	PT BK MANDIRI PERSERO TBK ADR	P	2020-08-24	2025-10-28
	PT BK MANDIRI PERSERO TBK ADR	P	2020-08-24	2025-10-28
	PT BK MANDIRI PERSERO TBK ADR	P	2020-08-24	2025-10-29
	PT BK MANDIRI PERSERO TBK ADR	P	2020-11-12	2025-10-29
	PT BK MANDIRI PERSERO TBK ADR	P	2020-11-12	2025-10-29
	PT BK MANDIRI PERSERO TBK ADR	P	2021-05-17	2025-10-29
	PT BK MANDIRI PERSERO TBK ADR	P	2025-06-23	2025-10-29
	PT BK MANDIRI PERSERO TBK ADR	P	2025-06-24	2025-10-29
	REGAL REXNORD CORP	P	2022-03-18	2025-05-02
	REGAL REXNORD CORP	P	2022-03-18	2025-11-19
	REGAL REXNORD CORP	P	2022-07-07	2025-11-19
	RIVIAN AUTOMOTIVE INC CL A	P	2021-11-10	2025-05-02
	RIVIAN AUTOMOTIVE INC CL A	P	2021-11-10	2025-06-20
	RIVIAN AUTOMOTIVE INC CL A	P	2021-11-10	2025-08-01
	RIVIAN AUTOMOTIVE INC CL A	P	2022-07-07	2025-08-01
	RIVIAN AUTOMOTIVE INC CL A	P	2022-07-07	2025-08-04
	SALESFORCE, INC.	P	2021-06-28	2025-01-07
	SALESFORCE, INC.	P	2022-11-11	2025-01-07
	SALESFORCE, INC.	P	2024-10-03	2025-01-07
	SALESFORCE, INC.	P	2021-01-29	2025-08-01
	SALESFORCE, INC.	P	2021-04-15	2025-08-01
	SALESFORCE, INC.	P	2022-04-04	2025-08-01
	SANDISK CORP	P	2024-08-08	2025-02-24
	SANDISK CORP	P	2024-08-08	2025-04-07
	SANDISK CORP	P	2024-10-03	2025-04-07
	SANDISK CORP	P	2024-11-07	2025-04-07
	SERVICENOW INC	P	2023-09-28	2025-01-07
	SLB LTD	P	2024-07-22	2025-06-20
	SONY FINANCIAL GROUP INC SPON ADR	P	2025-09-29	2025-10-06
	SONY FINANCIAL GROUP INC SPON ADR	P	2025-09-29	2025-10-09
	SONY FINANCIAL GROUP INC SPON ADR	P	2025-09-29	2025-10-09
	SONY FINANCIAL GROUP INC SPON ADR	P	2025-09-29	2025-10-10
	SONY FINANCIAL GROUP INC SPON ADR	P	2025-09-29	2025-10-10
	SONY FINANCIAL GROUP INC SPON ADR	P	2025-09-29	2025-10-10
	SONY GROUP CORP SPONSORED ADR	P	2019-08-21	2025-06-20
	SPECTRIS PLC GBP	P	2019-06-17	2025-08-12
	SPECTRIS PLC GBP	P	2019-06-17	2025-08-13
	SPECTRIS PLC GBP	P	2019-06-17	2025-09-30
	SPECTRIS PLC GBP	P	2019-06-17	2025-10-01
	SPECTRIS PLC GBP	P	2019-06-17	2025-10-02
	SPECTRIS PLC GBP	P	2019-06-17	2025-10-03
	SPECTRIS PLC GBP	P	2023-05-05	2025-10-03
	SPECTRIS PLC GBP	P	2023-05-09	2025-10-03
	SPECTRIS PLC GBP	P	2023-05-09	2025-10-06
	SPECTRIS PLC GBP	P	2024-11-07	2025-10-06
	SPECTRIS PLC GBP	P	2024-11-08	2025-10-06
	SPECTRIS PLC GBP	P	2024-11-11	2025-10-06
	SPECTRIS PLC GBP	P	2024-11-12	2025-10-06
	SPECTRIS PLC GBP	P	2025-01-07	2025-10-06
	SPECTRIS PLC GBP	P	2025-01-08	2025-10-06
	SPECTRIS PLC GBP	P	2025-01-09	2025-10-06
	SPECTRIS PLC GBP	P	2025-01-13	2025-10-06
	SPROUTS FARMERS MARKETS INC	P	2021-11-16	2025-05-02
	STARBUCKS CORP	P	2022-07-07	2025-04-04
	STARBUCKS CORP	P	2022-07-29	2025-04-04
	STARBUCKS CORP	P	2022-10-12	2025-04-04
	STARBUCKS CORP	P	2024-11-29	2025-04-04
	STARBUCKS CORP	P	2022-07-25	2025-04-07
	STARBUCKS CORP	P	2022-07-26	2025-04-07
	STARBUCKS CORP	P	2022-09-26	2025-04-07
	STARBUCKS CORP	P	2022-10-19	2025-04-07
	T-MOBILE US INC COM	P	2024-08-09	2025-06-20
	TAIWAN SEMICONDUCTOR MFG CO LTD ADR	P	2024-01-19	2025-01-23
	TAKE-TWO INTERACTIVE SOFTWRE	P	2023-05-05	2025-03-17
	TAKE-TWO INTERACTIVE SOFTWRE	P	2019-12-26	2025-04-02
	TAKE-TWO INTERACTIVE SOFTWRE	P	2019-12-26	2025-05-02
	TAKE-TWO INTERACTIVE SOFTWRE	P	2023-05-05	2025-06-20
	TAKE-TWO INTERACTIVE SOFTWRE	P	2019-12-26	2025-07-07
	TAKE-TWO INTERACTIVE SOFTWRE	P	2020-06-10	2025-07-07
	TAKE-TWO INTERACTIVE SOFTWRE	P	2020-06-16	2025-07-07
	TAKE-TWO INTERACTIVE SOFTWRE	P	2022-07-07	2025-07-07
	TAKE-TWO INTERACTIVE SOFTWRE	P	2023-05-04	2025-07-07
	TAKE-TWO INTERACTIVE SOFTWRE	P	2023-10-06	2025-07-07
	TAKE-TWO INTERACTIVE SOFTWRE	P	2024-06-12	2025-07-07
	TAKE-TWO INTERACTIVE SOFTWRE	P	2024-11-29	2025-07-07
	TAKE-TWO INTERACTIVE SOFTWRE	P	2023-05-05	2025-09-19
	TAKE-TWO INTERACTIVE SOFTWRE	P	2023-05-05	2025-11-21
	TAKE-TWO INTERACTIVE SOFTWRE	P	2024-06-13	2025-11-21
	TAKE-TWO INTERACTIVE SOFTWRE	P	2024-10-11	2025-11-21
	TAKE-TWO INTERACTIVE SOFTWRE	P	2024-10-15	2025-11-21
	TARGET CORP	P	2023-06-15	2025-04-02
	TARGET CORP	P	2023-12-14	2025-04-02
	TARGET CORP	P	2024-11-29	2025-04-02
	TJX COS INC NEW	P	2019-06-17	2025-06-20
	UBS ENGAGE FOR IMPACT FUND CL P2	P	2019-06-13	2025-05-14
	UBS ENGAGE FOR IMPACT FUND CL P2	P	2019-06-13	2025-09-11
	UBS SUSTAINABLE DEVELOPMENT BANK BOND FUND CL P2	P	2019-06-13	2025-10-17
	UBS SUSTAINABLE DEVELOPMENT BANK BOND FUND CL P2	P	2019-06-20	2025-10-17
	UBS SUSTAINABLE DEVELOPMENT BANK BOND FUND CL P2	P	2019-07-24	2025-10-17
	UBS SUSTAINABLE DEVELOPMENT BANK BOND FUND CL P2	P	2019-08-22	2025-10-17
	UBS SUSTAINABLE DEVELOPMENT BANK BOND FUND CL P2	P	2019-09-23	2025-10-17
	UBS SUSTAINABLE DEVELOPMENT BANK BOND FUND CL P2	P	2019-10-23	2025-10-17
	UBS SUSTAINABLE DEVELOPMENT BANK BOND FUND CL P2	P	2019-11-20	2025-10-17
	UBS SUSTAINABLE DEVELOPMENT BANK BOND FUND CL P2	P	2019-12-20	2025-10-17
	UBS SUSTAINABLE DEVELOPMENT BANK BOND FUND CL P2	P	2019-12-20	2025-10-17
	UBS SUSTAINABLE DEVELOPMENT BANK BOND FUND CL P2	P	2020-01-23	2025-10-17
	UBS SUSTAINABLE DEVELOPMENT BANK BOND FUND CL P2	P	2020-02-20	2025-10-17
	UBS SUSTAINABLE DEVELOPMENT BANK BOND FUND CL P2	P	2020-03-19	2025-10-17
	UBS SUSTAINABLE DEVELOPMENT BANK BOND FUND CL P2	P	2020-03-20	2025-10-17
	UNILEVER PLC AMER SHS NEW SPON ADR	P	2019-06-17	2025-06-20
	UNILEVER PLC SPON ADR	P	2019-06-17	2025-12-10
	UNITEDHEALTH GROUP INC	P	2019-06-17	2025-01-23
	UNITEDHEALTH GROUP INC	P	2018-05-24	2025-05-02
	UNIVERSAL DISPLAY CORP	P	2021-10-18	2025-01-07
	UNIVERSAL DISPLAY CORP	P	2021-12-07	2025-01-07
	UNIVERSAL DISPLAY CORP	P	2021-12-07	2025-02-06
	UNIVERSAL DISPLAY CORP	P	2021-12-08	2025-02-06
	UNIVERSAL DISPLAY CORP	P	2021-12-28	2025-02-06
	UNIVERSAL DISPLAY CORP	P	2022-03-07	2025-02-06
	UNIVERSAL DISPLAY CORP	P	2022-10-19	2025-02-06
	VICTORY PIONEER GLOBAL EQUITY FUND CLASS Y	P	2023-05-19	2025-05-14
	VICTORY PIONEER GLOBAL EQUITY FUND CLASS Y	P	2023-05-19	2025-09-11
	VISA INC CL A	P	2019-06-17	2025-01-23
	VISA INC CL A	P	2018-05-24	2025-05-02
	VISA INC CL A	P	2018-05-24	2025-10-09
	WALMART INC	P	2024-11-15	2025-05-02
	WALT DISNEY CO (HOLDING CO) DISNEY COM	P	2024-10-11	2025-01-23
	WALT DISNEY CO (HOLDING CO) DISNEY COM	P	2024-11-15	2025-05-02
	WSTN DIGITAL CORP	P	2024-08-08	2025-04-07
	WSTN DIGITAL CORP	P	2024-10-03	2025-04-07
	WSTN DIGITAL CORP	P	2024-11-07	2025-04-07
	ZSCALER INC	P	2024-02-23	2025-06-20
	ZSCALER INC	P	2024-02-23	2025-06-30
	ZSCALER INC	P	2024-02-23	2025-07-07
	ZSCALER INC	P	2024-03-01	2025-07-07
	ZSCALER INC	P	2024-07-09	2025-07-07
	ZSCALER INC	P	2024-09-06	2025-07-07
	ZSCALER INC	P	2024-11-29	2025-07-07
	ZSCALER INC	P	2024-03-05	2025-07-18
	ZSCALER INC	P	2024-09-06	2025-07-18
	ZSCALER INC	P	2024-10-03	2025-07-18
	ZSCALER INC	P	2025-03-17	2025-07-18
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	100	74	26
b	128	79	49
c	4,725	2,600	2,125
d	3,083	1,337	1,746
e	176	74	102
	3,022	1,411	1,611
	159	74	85
	5,077	1,634	3,443
	3,094	1,040	2,054
	103	106	-3
	219	197	22
	256	173	83
	508	353	155
	2,938	1,764	1,174
	7,699	4,386	3,313
	3,161	1,764	1,397
	628	338	290
	54,790	35,852	18,938
	5,674	1,673	4,001
	10,326	3,195	7,131
	3,442	1,185	2,257
	6,392	1,301	5,091
	10,654	3,040	7,614
	3,196	812	2,384
	5,860	1,375	4,485
	4,262	1,003	3,259
	5,860	1,223	4,637
	533	576	-43
	11,727	8,762	2,965
	1,982	1,232	750
	519	308	211
	59	59	0
	1,518	1,738	-220
	392	453	-61
	3,237	2,947	290
	5,944	2,473	3,471
	2,943	1,187	1,756
	3,189	2,547	642
	3,120	2,033	1,087
	349	279	70
	300	282	18
	2,039	1,672	367
	3,058	2,343	715
	566	390	176
	1,225	651	574
	2,594	1,484	1,110
	3,732	2,292	1,440
	4,142	2,552	1,590
	3,186	2,098	1,088
	2,537	1,678	859
	6,478	4,250	2,228
	8,109	7,084	1,025
	101	71	30
	8,052	5,202	2,850
	3,122	2,758	364
	3,122	2,414	708
	4,820	1,453	3,367
	2,027	925	1,102
	438	425	13
	60	41	19
	3,306	1,998	1,308
	2,500	1,511	989
	248	149	99
	1,810	1,617	193
	925	897	28
	1,156	1,294	-138
	1,470	1,652	-182
	2,064	1,817	247
	446	738	-292
	2,763	994	1,769
	949	331	618
	205	88	117
	247	83	164
	4,979	1,243	3,736
	5,662	1,325	4,337
	2,096	530	1,566
	350	88	262
	6,446	1,574	4,872
	1,837	2,364	-527
	2,020	2,989	-969
	939	1,366	-427
	986	1,822	-836
	2,160	4,063	-1,903
	94	162	-68
	322	132	190
	309	127	182
	7,404	2,780	4,624
	352	132	220
	5,189	1,905	3,284
	4,909	1,986	2,923
	2,702	1,906	796
	2,121	1,585	536
	799	597	202
	29,167	14,939	14,228
	22,351	14,958	7,393
	2,804	2,292	512
	701	573	128
	3,051	2,902	149
	2,572	2,447	125
	2,028	1,929	99
	3,731	3,179	552
	32,075	27,671	4,404
	2,800	2,548	252
	27,539	26,477	1,062
	5,243	5,385	-142
	2,834	2,911	-77
	94	97	-3
	2,573	2,568	5
	1,176	1,159	17
	76	72	4
	5,246	5,434	-188
	4,197	4,325	-128
	2,238	2,575	-337
	766	885	-119
	3,459	3,189	270
	381	327	54
	6,481	6,051	430
	1,314	1,228	86
	526	509	17
	1,752	1,641	111
	3,591	3,316	275
	103	95	8
	7,755	6,307	1,448
	7,392	7,000	392
	4,240	3,980	260
	366	349	17
	139	143	-4
	13,682	3,652	10,030
	5,864	1,779	4,085
	3,909	2,001	1,908
	9,904	2,979	6,925
	986	298	688
	346	324	22
	3,283	2,804	479
	1,984	1,199	785
	18	11	7
	162	210	-48
	9,073	7,619	1,454
	7,622	5,238	2,384
	7,057	4,881	2,176
	988	676	312
	706	663	43
	110	79	31
	7,843	6,992	851
	79	64	15
	5,321	5,154	167
	133	170	-37
	657	615	42
	158	159	-1
	446	196	250
	7,547	5,575	1,972
	286	199	87
	14,993	6,090	8,903
	2,607	796	1,811
	8,388	2,554	5,834
	590	199	391
	6,953	2,190	4,763
	632	336	296
	632	603	29
	2,747	2,527	220
	36	36	0
	1,414	1,743	-329
	1,305	1,532	-227
	580	960	-380
	671	1,116	-445
	272	452	-180
	229	188	41
	7,802	8,107	-305
	175	99	76
	2,392	1,253	1,139
	5,161	2,713	2,448
	3,553	1,853	1,700
	8,476	2,399	6,077
	8,833	4,823	4,010
	1,125	1,053	72
	62	95	-33
	127	198	-71
	3,610	5,209	-1,599
	1,409	1,952	-543
	2,796	4,402	-1,606
	1,057	1,679	-622
	110	120	-10
	1,426	1,352	74
	3,512	3,344	168
	5,060	4,967	93
	79	125	-46
	11,897	13,373	-1,476
	11	11	0
	455	472	-17
	825	841	-16
	5,421	9,697	-4,276
	1,375	2,606	-1,231
	1,375	2,187	-812
	1,650	2,166	-516
	550	745	-195
	1,728	2,424	-696
	286	386	-100
	762	112	650
	766	112	654
	3,158	867	2,291
	2,887	1,422	1,465
	3,712	2,324	1,388
	3,280	2,348	932
	4,325	2,960	1,365
	8,054	5,511	2,543
	10,287	7,246	3,041
	3,043	2,059	984
	869	535	334
	2,034	1,249	785
	2,906	2,403	503
	4,214	3,645	569
	12	13	-1
	651	197	454
	226	104	122
	217	66	151
	7,477	6,637	840
	797	697	100
	123	108	15
	914	813	101
	3,567	4,248	-681
	3,409	4,416	-1,007
	246	65	181
	4,810	3,071	1,739
	3,510	1,689	1,821
	5,375	1,073	4,302
	5,116	878	4,238
	1,720	691	1,029
	382	113	269
	5,115	878	4,237
	3,544	553	2,991
	196	33	163
	2,019	509	1,510
	443	101	342
	437	230	207
	479	101	378
	14,601	11,261	3,340
	8,501	6,778	1,723
	2,911	2,559	352
	639	502	137
	8,301	6,080	2,221
	955	702	253
	3,503	2,947	556
	318	253	65
	3,309	2,844	465
	3,159	2,529	630
	1,895	1,732	163
	1,343	1,138	205
	2,014	1,072	942
	2,783	2,020	763
	1,995	893	1,102
	2,386	893	1,493
	4,994	3,135	1,859
	165	102	63
	3,326	1,752	1,574
	3,151	1,899	1,252
	4,026	2,752	1,274
	175	176	-1
	3,604	2,146	1,458
	1,373	833	540
	515	299	216
	1,555	896	659
	2,592	1,456	1,136
	1,555	1,247	308
	114	88	26
	144	142	2
	2,944	3,719	-775
	1,415	1,910	-495
	3,510	4,251	-741
	283	359	-76
	2,661	1,604	1,057
	22	30	-8
	2,170	3,171	-1,001
	897	957	-60
	1,043	1,461	-418
	1,113	1,578	-465
	845	2,479	-1,634
	350	623	-273
	280	359	-79
	240	269	-29
	53	60	-7
	3,957	4,549	-592
	3,168	3,616	-448
	2,914	3,173	-259
	10,702	11,555	-853
	572	693	-121
	262	219	43
	106	83	23
	8,300	6,551	1,749
	3,257	3,009	248
	1,891	2,306	-415
	210	234	-24
	318	120	198
	43	23	20
	563	304	259
	797	620	177
	223	174	49
	1,714	1,306	408
	1,716	1,379	337
	412	334	78
	1,224	925	299
	4,077	4,500	-423
	2,667	3,055	-388
	113	163	-50
	6,239	7,824	-1,585
	3,249	2,886	363
	84	649	-565
	176	1,294	-1,118
	558	4,866	-4,308
	248	630	-382
	140	346	-206
	4,253	3,181	1,072
	4,580	2,216	2,364
	3,598	3,081	517
	3,260	2,959	301
	2,006	1,857	149
	2,006	1,751	255
	16	14	2
	1,174	1,609	-435
	759	1,176	-417
	526	861	-335
	12,710	6,623	6,087
	214	300	-86
	3	3	0
	679	692	-13
	5	5	0
	343	364	-21
	34	36	-2
	10	10	0
	420	193	227
	1,525	924	601
	3,173	1,915	1,258
	3,853	2,311	1,542
	1,384	825	559
	3,789	2,278	1,511
	4,287	2,575	1,712
	1,484	1,302	182
	220	191	29
	1,316	1,149	167
	1,481	914	567
	1,865	1,144	721
	932	579	353
	274	167	107
	1,261	740	521
	1,481	849	632
	1,261	733	528
	1,097	628	469
	4,305	624	3,681
	5,823	5,601	222
	2,706	2,797	-91
	1,640	1,756	-116
	82	102	-20
	3,121	3,257	-136
	3,121	3,246	-125
	1,951	2,120	-169
	2,341	2,659	-318
	222	194	28
	446	229	217
	4,721	2,833	1,888
	1,892	1,110	782
	443	247	196
	4,533	2,340	2,193
	11,615	5,920	5,695
	5,566	3,193	2,373
	4,840	2,736	2,104
	2,662	1,398	1,264
	14,035	6,996	7,039
	1,694	988	706
	3,146	2,078	1,068
	484	377	107
	8,467	4,188	4,279
	6,384	3,326	3,058
	4,965	3,353	1,612
	1,891	1,244	647
	4,729	3,140	1,589
	4,410	5,679	-1,269
	1,155	1,559	-404
	105	131	-26
	123	54	69
	4,656	3,654	1,002
	16,061	11,228	4,833
	16,313	17,494	-1,181
	451	489	-38
	418	453	-35
	412	454	-42
	324	355	-31
	360	393	-33
	369	404	-35
	534	577	-43
	304	329	-25
	229	250	-21
	263	290	-27
	237	266	-29
	348	394	-46
	677	672	5
	14	14	0
	530	246	284
	399	243	156
	3,406	3,943	-537
	464	468	-4
	1,430	1,561	-131
	2,001	2,224	-223
	1,430	1,634	-204
	2,001	2,261	-260
	2,144	1,433	711
	9,452	7,574	1,878
	24,173	16,509	7,664
	328	170	158
	348	132	216
	3,126	1,187	1,939
	98	85	13
	331	283	48
	186	186	0
	3,609	5,256	-1,647
	2,314	3,807	-1,493
	1,604	2,788	-1,184
	13,298	10,258	3,040
	15,004	11,089	3,915
	314	231	83
	4,083	2,839	1,244
	3,141	1,973	1,168
	5,025	2,614	2,411
	314	207	107
	2,876	2,091	785
	17,255	9,514	7,741
	7,189	4,253	2,936
	4,601	3,205	1,396
	126,601		126,601

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			26
b			49
c			2,125
d			1,746
e			102
			1,611
			85
			3,443
			2,054
			-3
			22
			83
			155
			1,174
			3,313
			1,397
			290
			18,938
			4,001
			7,131
			2,257
			5,091
			7,614
			2,384
			4,485
			3,259
			4,637
			-43
			2,965
			750
			211
			0
			-220
			-61
			290
			3,471
			1,756
			642
			1,087
			70
			18
			367
			715
			176
			574
			1,110
			1,440
			1,590
			1,088
			859
			2,228
			1,025
			30
			2,850
			364
			708
			3,367
			1,102
			13
			19
			1,308
			989
			99
			193
			28
			-138
			-182
			247
			-292
			1,769
			618
			117
			164
			3,736
			4,337
			1,566
			262
			4,872
			-527
			-969
			-427
			-836
			-1,903
			-68
			190
			182
			4,624
			220
			3,284
			2,923
			796
			536
			202
			14,228
			7,393
			512
			128
			149
			125
			99
			552
			4,404
			252
			1,062
			-142
			-77
			-3
			5
			17
			4
			-188
			-128
			-337
			-119
			270
			54
			430
			86
			17
			111
			275
			8
			1,448
			392
			260
			17
			-4
			10,030
			4,085
			1,908
			6,925
			688
			22
			479
			785
			7
			-48
			1,454
			2,384
			2,176
			312
			43
			31
			851
			15
			167
			-37
			42
			-1
			250
			1,972
			87
			8,903
			1,811
			5,834
			391
			4,763
			296
			29
			220
			0
			-329
			-227
			-380
			-445
			-180
			41
			-305
			76
			1,139
			2,448
			1,700
			6,077
			4,010
			72
			-33
			-71
			-1,599
			-543
			-1,606
			-622
			-10
			74
			168
			93
			-46
			-1,476
			0
			-17
			-16
			-4,276
			-1,231
			-812
			-516
			-195
			-696
			-100
			650
			654
			2,291
			1,465
			1,388
			932
			1,365
			2,543
			3,041
			984
			334
			785
			503
			569
			-1
			454
			122
			151
			840
			100
			15
			101
			-681
			-1,007
			181
			1,739
			1,821
			4,302
			4,238
			1,029
			269
			4,237
			2,991
			163
			1,510
			342
			207
			378
			3,340
			1,723
			352
			137
			2,221
			253
			556
			65
			465
			630
			163
			205
			942
			763
			1,102
			1,493
			1,859
			63
			1,574
			1,252
			1,274
			-1
			1,458
			540
			216
			659
			1,136
			308
			26
			2
			-775
			-495
			-741
			-76
			1,057
			-8
			-1,001
			-60
			-418
			-465
			-1,634
			-273
			-79
			-29
			-7
			-592
			-448
			-259
			-853
			-121
			43
			23
			1,749
			248
			-415
			-24
			198
			20
			259
			177
			49
			408
			337
			78
			299
			-423
			-388
			-50
			-1,585
			363
			-565
			-1,118
			-4,308
			-382
			-206
			1,072
			2,364
			517
			301
			149
			255
			2
			-435
			-417
			-335
			6,087
			-86
			0
			-13
			0
			-21
			-2
			0
			227
			601
			1,258
			1,542
			559
			1,511
			1,712
			182
			29
			167
			567
			721
			353
			107
			521
			632
			528
			469
			3,681
			222
			-91
			-116
			-20
			-136
			-125
			-169
			-318
			28
			217
			1,888
			782
			196
			2,193
			5,695
			2,373
			2,104
			1,264
			7,039
			706
			1,068
			107
			4,279
			3,058
			1,612
			647
			1,589
			-1,269
			-404
			-26
			69
			1,002
			4,833
			-1,181
			-38
			-35
			-42
			-31
			-33
			-35
			-43
			-25
			-21
			-27
			-29
			-46
			5
			0
			284
			156
			-537
			-4
			-131
			-223
			-204
			-260
			711
			1,878
			7,664
			158
			216
			1,939
			13
			48
			0
			-1,647
			-1,493
			-1,184
			3,040
			3,915
			83
			1,244
			1,168
			2,411
			107
			785
			7,741
			2,936
			1,396
			126,601

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	499,914
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	10,135
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	10,135
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	10,135
6	Credits/Payments:

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

7	Total credits and payments. Add lines 6a through 6d..............		7	0
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	10,135
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. Click to see attachment

List of Attached Documents:

// Content

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

Yes

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 ofLAURIE SKIPPER Telephone no. (602) 808-8600

Located at2390 E CAMELBACK RD 410PHOENIXAZ ZIP+485016

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
ANDREW SKIPPER	PRESIDENT 0.00	0	0	0
2390 E CAMELBACK RD SUITE 410 PHOENIX,AZ85016	PRESIDENT 0.00	0	0	0
LAURIE SKIPPER	SECRETARY/TREASURER 0.00	0	0	0
2390 E CAMELBACK RD SUITE 410 PHOENIX,AZ85016	SECRETARY/TREASURER 0.00	0	0	0
PETER SKIPPER	DIRECTOR 0.00	0	0	0
2390 E CAMELBACK RD SUITE 410 PHOENIX,AZ85016	DIRECTOR 0.00	0	0	0
KATHERINE SKIPPER	DIRECTOR 0.00	0	0	0
2390 E CAMELBACK RD SUITE 410 PHOENIX,AZ85016	DIRECTOR 0.00	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...................

10,422,107

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

1,883,952

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

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

12,306,059

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

12,306,059

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

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

184,591

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

12,121,468

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

606,073

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

606,073

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

10,135

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

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

10,135

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

595,938

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

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

595,938

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

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

595,938

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) ..........

565,000

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. .......

565,000

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				595,938
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......			133,481
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......
f Total of lines 3a through e ........	0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 565,000
a Applied to 2024, but not more than line 2a			133,481
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.....				431,519
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2025.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2024. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2025. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2026 ..........				164,419
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......	0
8 Excess distributions carryover from 2020 not applied on line 5 or line 7 (see instructions) ...	0
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2021 ....
b Excess from 2022 ....
c Excess from 2023 ....
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 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)

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
BOLD FUTURES 309 GOLD AVE SW ALBUQUERQUE,NM87102	NONE		COMMUNITY DEVELOPMENT	25,000
CAMP FIRE INLAND NW 409 N ARGONNE RD B SPOKANE,WA99212	NONE		YOUTH DEVELOPMENT	40,000
COOPERATIVE FOR EDUCATION (COED) 2300 MONTANA AVENUE CINCINNATI,OH45211	NONE		EDUCATION	35,000
HOLLER HEALTH JUSTICE PO BOX 11032 CHARLSTON,WV25339	NONE		FREE EMERGENCY CONTRACEPTION	25,000
INTERNATIONAL SAMARITANS 803 N MAIN ST ANN ARBOR,MI48104	NONE		HELP TO FAMILIES IN GARBAGE DUMP COMMUNITIES AROUND THE WORLD TO BREAK THE CHAINS OF POVERTY AND IMPROVE ALL OUR LIVES.	10,000
NATIONAL IMMIGRANT JUSTICE CENTER 224 S MICHIGAN AVE 600 CHICAGO,IL60604	NONE		ASSIST IMMIGRANTS SEEKING ASYLUM.	40,000
NATIONALITIES COUNCIL OF INDIANA 4141 S EAST ST INDIANAPOLIS,IN46227	NONE		SUPPORT DIVERSE CULTURES AND MAKE INDIANA'S COMMUNITIES	10,000
NEIGHBORHOOD MINISTRIES 1918 W VAN BUREN STREET PHOENIX,AZ85009	NONE		ASSIST IMMMIGRANTS SEEKING ASYLUM.	50,000
NEW INCENTIVES 340 S LEMON AVE 6133 WALNUT,CA91789	NONE		CHILDHOOD VACCINATIONS	25,000
SOUTHERN POVERTY LAW CENTER 400 WASHINGTON AVENUE MONTGOMERY,AL36104	NONE		FIGHTING HATE, SEEKING JUSTICE	60,000
WATER FOR SOUTH SUDAN PO BOX 25551 ROCHESTER,NY14625	NONE		PROVIDE CLEAN WATER	25,000
FOUNDER'S PLEDGE USAID ORIGRAMS 600 CALIFORNIA STREET SAN FRANCISCO,CA94108	NONE		FILLED URGENT FUNDING GAPS CREATED BY THE USAID CUTS	200,000
FULLER CENTER FOR HOUSING - PERU BUILD 701 S MARTIN LUTHER KING JR BLVD AMERICUS,GA31719	NONE		SPONSORED A GROUP OF VOLUNTEERS TO BUILD HOUSES IN PERU	20,000
Total ................................. 3a				565,000

bApproved for future payment

Total ................................. 3b				0

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	9,609
4 Dividends and interest from securities ....			14	262,589
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 .....			14
8 Gain or (loss) from sales of assets other than inventory ............			18	499,914
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		772,112	0

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

772,112

(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

Name of organization THE NEW OPPORTUNITIES FOUNDATION

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	ANDREW AND LAURIE SKIPPER 623 W SHOSHONE PLACE SPOKANE, WA99203	$ 1,667,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	CHRIS BERGREN 301 W SYCAMORE AVE EL SEGUNDO, CA90245	$ 5,000	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)

Name of organization THE NEW OPPORTUNITIES FOUNDATION		Employer identification number 82-0577111

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)

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
RENEWAL HOVER DOMAIN	32	0		0
OFFICE SUPPLIES	52	0		0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAXES	4,127	0		0
FOREIGN TAXES	7,248	7,248		0


Name of organization THE NEW OPPORTUNITIES FOUNDATION			Employer identification number 82-0577111
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.