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 CARMELITE HOME FOR GIRLS INC DATED JUNE
 
Number and street (or P.O. box number if mail is not delivered to street address) 200 EAST JACKSON STREET
  Room/suite
City or town
MUNCIE
State or province
IN
Country  
ZIP or foreign postal code
47305
A Employer identification number

45-6427038
B Telephone number (see instructions)

7657471500
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)$1,918,866J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 50,798 50,798  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 277,700
b Gross sales price for all assets on line 6a 1,185,213
7 Capital gain net income (from Part IV, line 2)... 277,700
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 328,498 328,498  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 11,875 3,562   8,312
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,965 0 0 3,965
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
143,224 459   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 159,064 4,021 0 12,277
25 Contributions, gifts, grants paid....... 197,792 197,792
26 Total expenses and disbursements. Add lines 24 and 25 ................ 356,856 4,021 0 210,069
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -28,358
b Net investment income (if negative, enter -0-) 324,477
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 131,489 58,865 58,865
3 Accounts receivable 1,498
Less: allowance for doubtful accounts   2,738 1,498 1,498
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts 0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 75,000 Click to see attachment
List of Attached Documents:
// Content
30,070 		30,063
b Investments—corporate stock (attach schedule)....... 811,825 Click to see attachment
List of Attached Documents:
// Content
774,637 		1,024,445
c Investments—corporate bonds (attach schedule)....... 693,454 Click to see attachment
List of Attached Documents:
// Content
821,078 		803,995
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
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) 1,714,506 1,686,148 1,918,866
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,714,506 1,686,148
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)..... 1,714,506 1,686,148
30 Total liabilities and net assets/fund balances (see instructions). 1,714,506 1,686,148
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
1,714,506
2
Enter amount from Part I, line 27a .....................
2
-28,358
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,686,148
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
1,686,148
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 31. ALPHABET CL A COM   2020-05-14 2025-01-03
b 28. APPLE INC COM   2024-12-18 2025-01-03
c 5. APPLE INC COM   2017-06-27 2025-01-03
d 20. BECTON DICKINSON & CO COM   2020-05-14 2025-01-03
e 9. BERKSHIRE HATHAWAY CL B COM   2022-08-26 2025-01-03
49. CISCO SYSTEMS COM   2016-12-20 2025-01-03
79. COMCAST CORP CLASS A COM   2024-12-18 2025-01-03
4. COSTCO WHOLESALE CORP COM   2024-12-18 2025-01-03
5. CULLEN FROST BANKERS COM   2024-12-18 2025-01-03
29. CUMMINS INC COM   2018-09-18 2025-01-03
10. EOG RESOURCES INC COM   2021-02-16 2025-01-03
161. S&P MID-CAP 400 GROWTH ETF ISHARES   2016-10-19 2025-01-03
158. S&P MID-CAP 400 VALUE ETF ISHARES   2016-11-09 2025-01-03
136. S&P SMALL CAP 600 GROWTH ETF ISHARES   2021-05-04 2025-01-03
21. JOHNSON & JOHNSON COM   2024-12-18 2025-01-03
29. JOHNSON & JOHNSON COM   2022-10-13 2025-01-03
5. LILLY ELI & CO COM   2016-11-14 2025-01-03
14. LOWE'S COMPANIES INC COM   2024-12-18 2025-01-03
13. LOWE'S COMPANIES INC COM   2016-11-14 2025-01-03
138. MFS INTERNATIONAL NEW DISC VAL R6   2017-02-16 2025-01-03
17. MICROSOFT CORP COM   2024-12-18 2025-01-03
16. MICROSOFT CORP COM   2018-09-18 2025-01-03
2. NEXTERA ENERGY INC COM   2021-05-04 2025-01-03
33. NUCOR CORP COM   2017-11-27 2025-01-03
7. PEPSICO INC COM   2024-12-18 2025-01-03
18. PEPSICO INC COM   2020-05-14 2025-01-03
71. PFIZER INC COM   2016-11-14 2025-01-03
22. T. ROWE PRICE GROUP INC COM   2017-03-27 2025-01-03
12. PROCTER & GAMBLE CO COM   2024-12-18 2025-01-03
33. PROCTER & GAMBLE CO COM   2020-05-14 2025-01-03
4. RAYTHEON TECHNOLOGIES COM   2020-04-17 2025-01-03
9. STRYKER CORP COM   2024-12-18 2025-01-03
5. UNITEDHEALTH GROUP INC COM   2020-05-14 2025-01-03
30. VANECK SEMICONDUCTOR ETF   2024-12-18 2025-01-03
178. VANGUARD FTSE SOCIAL IDX FD ADMIRAL SHAR   2018-09-18 2025-01-03
320. VANGUARD EQUITY INCOME FUND ADMIRAL CLAS   2017-01-18 2025-01-03
206. VANGUARD S/C VALUE INDEX ADMIRAL   2021-05-04 2025-01-03
1045. VANGUARD HIGH DIV YLD IDX ADMIRAL SHARES   2017-01-18 2025-01-03
32.246 VANGUARD MIDCAP INDEX FUND ADMIRAL CLASS   2017-01-04 2025-01-03
56. VANGUARD 500 INDEX FUND ADMIRAL CLASS   2016-11-23 2025-01-03
17. VISA COM   2024-12-18 2025-01-03
4. VISA COM   2020-05-14 2025-01-03
24. WAL MART STORES INC COM   2024-12-18 2025-01-03
7. CHUBB LIMITED ADR   2024-12-18 2025-01-03
30. ALPHABET CL A COM   2024-12-18 2025-03-03
33. APPLE INC COM   2017-06-27 2025-03-03
19. BECTON DICKINSON & CO COM   2016-11-16 2025-03-03
9. BERKSHIRE HATHAWAY CL B COM   2022-08-26 2025-03-03
48. CISCO SYSTEMS COM   2016-12-20 2025-03-03
15. COMCAST CORP CLASS A COM   2024-12-18 2025-03-03
61. COMCAST CORP CLASS A COM   2019-04-03 2025-03-03
6. CULLEN FROST BANKERS COM   2023-03-17 2025-03-03
29. CUMMINS INC COM   2018-09-18 2025-03-03
11. EOG RESOURCES INC COM   2024-12-18 2025-03-03
111.973 WCM FOCUSED EMERGING MKTS FDINSTL   2025-01-03 2025-03-03
162. S&P MID-CAP 400 GROWTH ETF ISHARES   2016-11-09 2025-03-03
160. S&P MID-CAP 400 VALUE ETF ISHARES   2016-10-19 2025-03-03
136. S&P SMALL CAP 600 GROWTH ETF ISHARES   2017-04-21 2025-03-03
49. JOHNSON & JOHNSON COM   2022-10-13 2025-03-03
27. LOWE'S COMPANIES INC COM   2016-11-14 2025-03-03
138.686 MFS INTERNATIONAL NEW DISC VAL R6   2017-01-04 2025-03-03
33. MICROSOFT CORP COM   2018-09-18 2025-03-03
34. NUCOR CORP COM   2017-11-27 2025-03-03
23. PEPSICO INC COM   2016-11-14 2025-03-03
72. PFIZER INC COM   2016-11-14 2025-03-03
22. T. ROWE PRICE GROUP INC COM   2017-03-27 2025-03-03
44. PROCTER & GAMBLE CO COM   2020-05-14 2025-03-03
4. RAYTHEON TECHNOLOGIES COM   2020-04-17 2025-03-03
875.006 SCHWAB FUNDAMENTAL INT'L L/CINSTITUTIONASHARES   2024-12-18 2025-03-03
8. STRYKER CORP COM   2020-05-14 2025-03-03
6. UNITEDHEALTH GROUP INC COM   2024-12-18 2025-03-03
31. VANECK SEMICONDUCTOR ETF   2024-11-04 2025-03-03
61.345 VANGUARD INTL GROWTH ADMIRAL SHARES   2021-05-04 2025-03-03
7.526 VANGUARD INTL GROWTH ADMIRAL SHARES   2021-05-04 2025-03-03
178.29 VANGUARD FTSE SOCIAL IDX FD ADMIRAL SHAR   2018-09-18 2025-03-03
320.641 VANGUARD EQUITY INCOME FUND ADMIRAL CLAS   2016-11-23 2025-03-03
205.659 VANGUARD S/C VALUE INDEX ADMIRAL   2016-10-19 2025-03-03
1044.16 VANGUARD HIGH DIV YLD IDX ADMIRAL SHARES   2016-11-23 2025-03-03
34.969 VANGUARD MIDCAP INDEX FUND ADMIRAL CLASS   2016-11-23 2025-03-03
300.967 VANGUARD S/C INDEX ADMIRAL   2025-01-03 2025-03-03
55.248 VANGUARD 500 INDEX FUND ADMIRAL CLASS   2016-10-19 2025-03-03
20. VISA COM   2020-05-14 2025-03-03
23. WAL MART STORES INC COM   2018-09-18 2025-03-03
6. CHUBB LIMITED ADR   2016-11-23 2025-03-03
101.395 PZENA EMERGING MARKET VALUE FD - INSTL   2024-12-18 2025-03-11
10.606 GMO S/C QUALITY FD CL I   2025-03-03 2025-03-11
3.166 WCM FOCUSED EMERGING MKTS FDINSTL   2025-01-03 2025-03-11
181.175 SCHWAB FUNDAMENTAL INT'L L/CINSTITUTIONASHARES   2024-12-18 2025-03-11
95. GMO INT'L ETF   2025-03-03 2025-03-11
2. UNITEDHEALTH GROUP INC COM   2024-12-18 2025-03-26
17. UNITEDHEALTH GROUP INC COM   2020-05-14 2025-03-26
17. LOCKHEED MARTIN CORP COM   2025-03-03 2025-03-27
85. CORTEVA INC COM   2025-03-03 2025-04-28
25000. FEDERAL HOME LOAN BANK 4.200% 9/17/2029   2024-10-01 2025-05-07
119.002 MORGAN STANLEY INTERNATIONALADVANTAGE   2025-03-11 2025-05-07
21.422 VANGUARD INTL GROWTH ADMIRAL SHARES   2016-10-19 2025-05-07
3336.538 VANGUARD S/T INVEST ADMIRAL   2021-02-16 2025-05-07
17. ADOBE SYSTEMS INC COM   2025-03-03 2025-05-15
239. COMCAST CORP CLASS A COM   2020-05-14 2025-05-15
467.914 FED TOTAL RETURN BD FD CL R6   2021-02-16 2025-05-15
11.727 JANUS ENTERPRISE CL I   2025-01-03 2025-05-15
46.017 MFS MIDCAP VALUE R6   2025-01-03 2025-05-15
40.058 MORGAN STANLEY INTERNATIONALADVANTAGE   2025-03-11 2025-05-15
21. PEPSICO INC COM   2016-11-14 2025-05-15
10.54 VANGUARD INTL GROWTH ADMIRAL SHARES   2016-10-19 2025-05-15
1844.893 VANGUARD S/T INVEST ADMIRAL   2021-05-04 2025-05-15
7.443 VANGUARD MIDCAP INDEX FUND ADMIRAL CLASS   2016-11-23 2025-05-15
124. SCHLUMBERGER LTD COM   2025-03-03 2025-05-16
12. BROADCOM INC NPV COM   2025-01-03 2025-06-26
41. LAM RESEARCH   2024-12-18 2025-06-26
791.109 VANGUARD S/T INVEST ADMIRAL   2021-05-04 2025-06-26
26. ACCENTURE PLC ADR   2025-03-03 2025-06-26
14254.578 VANGUARD S/T INVEST ADMIRAL   2022-06-07 2025-07-18
18. ANSYS, INC. COM   2025-03-03 2025-07-21
.1182 SYNOPSYS INC COM   2025-07-21 2025-07-22
58. AMPHENOL CORPORATION COM   2024-12-18 2025-09-05
4. SERVICE NOW INC COM   2024-12-18 2025-09-05
50000. FEDERAL HOME LOAN BANK 4.200% 9/17/2029   2024-10-01 2025-09-17
498.366 PZENA EMERGING MARKET VALUE FD - INSTL   2025-03-03 2025-09-18
30.007 JANUS ENTERPRISE CL I   2025-01-03 2025-09-18
147.541 MFS MIDCAP VALUE R6   2025-01-03 2025-09-18
817.844 SCHWAB FUNDAMENTAL INT'L L/CINSTITUTIONASHARES   2024-12-18 2025-09-18
328. GMO INT'L ETF   2025-03-03 2025-09-18
26.052 VANGUARD INTL GROWTH ADMIRAL SHARES   2017-01-18 2025-09-18
10. LAM RESEARCH   2025-03-03 2025-09-24
10. CULLEN FROST BANKERS COM   2024-12-18 2025-10-15
32. CULLEN FROST BANKERS COM   2023-03-17 2025-10-15
33. DANAHER CORP COM   2025-03-03 2025-10-15
197.3 FED TOTAL RETURN BD FD CL R6   2021-02-16 2025-10-15
178.7 MORGAN STANLEY INTERNATIONALADVANTAGE   2025-01-03 2025-10-15
34.394 VANGUARD INTL GROWTH ADMIRAL SHARES   2017-01-18 2025-10-15
36. VANGUARD I S&P 500 COM   2024-12-18 2025-10-15
34. ZOETIS INC COM   2025-03-03 2025-10-15
.25 SOLSTICE ADVANCED MATLS INC COM SHS   2024-12-18 2025-11-03
12. SOLSTICE ADVANCED MATLS INC COM SHS   2025-03-03 2025-11-05
15. ALPHABET CL A COM   2024-12-18 2025-12-19
11. AMPHENOL CORPORATION COM   2025-01-03 2025-12-19
47. AMPHENOL CORPORATION COM   2024-12-18 2025-12-19
2. BROADCOM INC NPV COM   2025-01-03 2025-12-19
29. BROADCOM INC NPV COM   2024-12-18 2025-12-19
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(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 5,957   2,081 3,876
b 6,803   7,031 -228
c 1,215   182 1,033
d 4,578   3,883 695
e 4,086   2,669 1,417
2,892   1,501 1,391
2,971   3,026 -55
3,678   3,889 -211
668   671 -3
10,239   4,216 6,023
1,268   639 629
14,845   6,985 7,860
19,805   10,468 9,337
18,643   13,094 5,549
3,029   3,051 -22
4,184   4,781 -597
3,919   387 3,532
3,469   3,546 -77
3,221   908 2,313
4,101   3,971 130
7,190   7,559 -369
6,767   1,817 4,950
145   151 -6
3,817   1,832 1,985
1,052   1,081 -29
2,704   2,073 631
1,891   2,179 -288
2,520   1,494 1,026
1,984   2,039 -55
5,455   3,756 1,699
464   261 203
3,250   3,278 -28
2,571   1,453 1,118
7,555   7,383 172
10,158   4,750 5,408
28,342   21,809 6,533
17,660   11,002 6,658
40,452   23,653 16,799
10,665   5,353 5,312
30,712   11,161 19,551
5,349   5,361 -12
1,259   716 543
2,180   2,277 -97
1,900   1,926 -26
5,010   5,753 -743
7,889   1,199 6,690
4,334   3,108 1,226
4,570   2,669 1,901
3,049   1,471 1,578
539   575 -36
2,191   2,459 -268
815   628 187
10,404   4,216 6,188
1,320   1,335 -15
1,639   1,661 -22
14,124   6,901 7,223
19,733   10,525 9,208
17,654   10,270 7,384
8,156   7,611 545
6,629   1,886 4,743
4,224   3,892 332
12,908   3,748 9,160
4,504   1,887 2,617
3,573   2,320 1,253
1,872   2,210 -338
2,295   1,494 801
7,709   4,297 3,412
532   261 271
9,765   9,328 437
3,145   1,425 1,720
2,796   3,020 -224
6,943   7,615 -672
6,588   6,101 487
808   1,219 -411
9,927   4,758 5,169
29,493   21,092 8,401
17,101   9,666 7,435
41,777   22,540 19,237
11,558   5,727 5,831
33,428   34,918 -1,490
29,884   10,946 18,938
7,231   3,579 3,652
2,229   731 1,498
1,729   757 972
1,285   1,311 -26
231   236 -5
47   47  
2,044   1,931 113
2,541   2,498 43
1,033   1,007 26
8,778   4,939 3,839
7,565   8,030 -465
5,232   4,911 321
24,729   25,000 -271
3,125   3,049 76
2,325   1,552 773
34,700   36,735 -2,035
6,845   7,494 -649
8,418   8,909 -491
4,375   5,358 -983
1,675   1,688 -13
1,450   1,470 -20
1,100   989 111
2,744   2,119 625
1,200   759 441
19,150   20,245 -1,095
2,500   1,219 1,281
4,373   4,802 -429
3,215   2,801 414
3,945   3,156 789
8,275   8,678 -403
7,684   9,156 -1,472
148,818   151,924 -3,106
7,126   6,010 1,116
70   68 2
6,407   4,150 2,257
3,635   4,317 -682
50,000   50,000  
7,625   6,439 1,186
4,550   4,318 232
4,950   4,714 236
11,000   8,718 2,282
10,334   8,625 1,709
3,250   1,851 1,399
1,271   764 507
1,266   1,341 -75
4,051   3,351 700
6,840   7,381 -541
1,900   2,259 -359
4,975   4,300 675
4,225   2,376 1,849
22,019   19,710 2,309
4,842   5,689 -847
11   13 -2
582   628 -46
4,568   2,876 1,692
1,498   772 726
6,401   3,363 3,038
672   467 205
9,750   6,540 3,210
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
      8,543
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       3,876
b       -228
c       1,033
d       695
e       1,417
      1,391
      -55
      -211
      -3
      6,023
      629
      7,860
      9,337
      5,549
      -22
      -597
      3,532
      -77
      2,313
      130
      -369
      4,950
      -6
      1,985
      -29
      631
      -288
      1,026
      -55
      1,699
      203
      -28
      1,118
      172
      5,408
      6,533
      6,658
      16,799
      5,312
      19,551
      -12
      543
      -97
      -26
      -743
      6,690
      1,226
      1,901
      1,578
      -36
      -268
      187
      6,188
      -15
      -22
      7,223
      9,208
      7,384
      545
      4,743
      332
      9,160
      2,617
      1,253
      -338
      801
      3,412
      271
      437
      1,720
      -224
      -672
      487
      -411
      5,169
      8,401
      7,435
      19,237
      5,831
      -1,490
      18,938
      3,652
      1,498
      972
      -26
      -5
       
      113
      43
      26
      3,839
      -465
      321
      -271
      76
      773
      -2,035
      -649
      -491
      -983
      -13
      -20
      111
      625
      441
      -1,095
      1,281
      -429
      414
      789
      -403
      -1,472
      -3,106
      1,116
      2
      2,257
      -682
       
      1,186
      232
      236
      2,282
      1,709
      1,399
      507
      -75
      700
      -541
      -359
      675
      1,849
      2,309
      -847
      -2
      -46
      1,692
      726
      3,038
      205
      3,210
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 277,700
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 4,510
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 4,510
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 25,130
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a  
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 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 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax0 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
IN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website address  
14
The books are in care ofFIRST MERCHANTS PRIVATE WEALTH, ADVISORS Telephone no. (765) 747-1500

Located at200 EAST JACKSON STREETMUNCIEIN ZIP+447305
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
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
FIRST MERCHANTS PRIVATE WEALTH ADVI
ORS 		Trustee
1 		11,875    
200 EAST JACKSON STREET
MUNCIE,IN47305
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
1,860,677
b
Average of monthly cash balances.......................
1b
105,812
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
1,966,489
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
1,966,489
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
29,497
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,936,992
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
96,850
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
96,850
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
 
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
0
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
96,850
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
96,850
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
96,850
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
210,069
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
210,069
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 96,850
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 97,872
b Total for prior years:2023, 20, 20 55,321
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 210,069
a Applied to 2024, but not more than line 2a 97,872
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		Click to see attachment
List of Attached Documents:
// Content
55,321
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 56,876
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 .......... 		39,974
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 0
d Excess from 2024 .... 0
e Excess from 2025 .... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

Carmelite Ministry of St Teresa Inc

1230 KAVANAUGH
Wauwatosa,WI53213 		N/A   GENERAL OPERATIONS 197,792
Total ................................. 3a 197,792
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 50,798  
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 ............ 		    18 277,700  
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) ..   328,498  
13Total. Add line 12, columns (b), (d), and (e)..................
13
328,498
(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

TY 2025 AccountingFeesSchedule
Name:
THE CARMELITE HOME FOR GIRLS INC DATED JUNE
EIN:
45-6427038
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE 3,965     3,965

TY 2025 AppliedToPriorYearElection
Name:
THE CARMELITE HOME FOR GIRLS INC DATED JUNE
EIN:
45-6427038
Election:
The Carmelite Home for Girls, Inc. hereby elects to treat qualifying distributions made during the tax year ending December 31, 2025, as made first from undistributed income of prior tax years in the amount of $55,321, next from undistributed income for the tax year ending December 31, 2024, in the amount of $97,872, and the balance of $56,876 from corpus.

TY 2025 InvestmentsCorpBondsSchedule
Name:
THE CARMELITE HOME FOR GIRLS INC DATED JUNE
EIN:
45-6427038
Name of Bond End of Year Book Value End of Year Fair Market Value
HONEYWELL INC 4.750% 2/1/32 50,305 51,083
JOHNSON CTLS INTL PLC/TYCO 4.9 50,071 51,053
FED SH INTRM TTL BD 191,028 188,110
FED TTL RET BD CL R6 179,359 159,939
VANGUARD S/T INV GR    
BKNY 4.947% 4/26/27* 50,194 50,162
CNA 4.375% 10/15/28* 49,791 50,467
IBM CORP 3.5% 051529 49,223 49,067
JPM 4.493% 3/24/31* 24,746 25,237
EL LLY 4.7% 2/27/33* 50,018 51,145
MARSH&MCLENNAN 4.650% 3/15/30 50,176 51,023
NAT'L RURAL UTIL COOP 5.000 2/ 25,201 25,844
TOYOTA MTR CR CORP 4.550% 08/0 50,966 50,865

TY 2025 InvestmentsCorpStockSchedule
Name:
THE CARMELITE HOME FOR GIRLS INC DATED JUNE
EIN:
45-6427038
Name of Stock End of Year Book Value End of Year Fair Market Value
ADOBE SYSTEMS INC    
ALPHABET CL A 8,850 40,690
AMAZON 24,646 26,083
AMETEK INC 11,667 12,729
AMPHENOL CORPORATION 11,459 23,109
ANSYS, INC.    
APPLE INC 2,979 22,293
AUTO DATA PROCESSING 8,108 6,945
BECTON DICKINSON    
BERKSHIRE HATHAWAY    
BLACKROCK 10,008 10,703
BROADCOM INC NPV 14,504 24,227
BROWN & BROWN 11,698 8,687
CISCO SYSTEMS    
COMCAST CL A    
CONOCOPHILLIPS 6,026 5,804
CONSTELLATION ENERGY 4,762 7,065
COPART INC 11,593 7,908
CORTEVA INC    
COSTCO WHOLESALE 1,930 10,348
CULLEN FROST BANKERS    
CUMMINS INC    
DANAHER CORP    
DISNEY WALT COMPANY 4,496 4,551
EOG RESOURCES INC 3,194 5,251
META PLATFORMS INC 12,708 13,202
FORTINET 10,475 8,338
HOME DEPOT INC 5,102 4,473
HONEYWELL INTL INC 10,246 9,559
JOHNSON & JOHNSON CO 6,607 11,589
LAM RESEARCH 6,405 14,550
LILLY ELI & CO, COM 6,878 18,270
LOCKHEED MARTIN    
LOWE'S COMPANIES 2,654 9,164
MCDONALD'S CORP, COM 7,722 7,946
MICROSOFT CORP 10,156 29,017
NEXTERA ENERGY 5,341 5,860
NUCOR CORP    
O'REILLY AUTO 7,467 8,209
PEPSICO INC    
PFIZER INC    
T. ROWE PRICE GROUP    
PROCTER & GAMBLE CO, 2,887 4,729
RAYTHEON TECH    
S&P GLOBAL 13,236 13,587
SCHLUMBERGER LTD    
CHARLES SCHWAB CORP 9,018 11,889
REAL ESTATE SEL SEC 4,886 4,721
SERVICE NOW INC 10,983 8,425
STRYKER CORP 8,963 15,113
TJX COS INC 10,300 12,903
TEXAS INSTRS INC 7,078 6,419
UNITEDHEALTH GROUP    
VANECK SEMICONDUCTOR ETF 16,705 24,489
VISA 8,325 16,834
WAL MART STORES INC 5,996 15,486
ZOETIS INC    
LINDE PLC 8,246 8,101
VANGUARD S&P 500 ETF 36,215 42,018
S&P M/C 400 GR ISHR    
S&P M/C 400 VAL ISHR    
S&P S/C 600 GR ISHR    
ASTRAZENECA 7,234 9,469
ACCENTURE PLC 4,885 4,293
CHUBB LIMITED 5,037 10,612
PZENA EMERGING MKT 21,113 26,460
WCM FOCUSED EMRG MKT 12,264 16,069
MFS INT'L NEW DISC    
MORGAN STANLEY INTL 23,387 27,034
SCHWAB FDMTL INTL LC 36,286 48,122
VANGUARD INTL GR ADM 21,115 24,766
VANGRD FTSE SOC IDX    
VANGUARD EQUITY    
VANGUARD HIGH DIV YD    
VANGUARD 500 INDEX A    
JANUS ENTERPRISE 45,171 45,226
MFS MIDCAP VALUE R6 45,055 44,518
VANGUARD MID-CAP AD 39,775 63,605
VANGUARD SM CAP VAL    
VANGUARD SMALLCAP AD    
ABBVIE 7,258 8,226
ECOLAB 5,029 5,513
EXXON MOBIL CORP 4,310 4,814
NVIDIA CORP 10,612 12,123
SYNOPSYS INC 7,442 6,106
GMO INT'L ETF 38,810 49,564
AVANTIS US SMALL CAP 31,567 35,591
BAE SYSTEMS PLC ADR 7,587 8,392
SAP AKTIENGESELLSCH 3,263 2,915
TAIWAN SEMICONDUCTOR 6,508 8,205
GMO S/C QUALITY FD CL I 20,410 21,538

TY 2025 InvestmentsGovtObligationsSch
Name:
THE CARMELITE HOME FOR GIRLS INC DATED JUNE
EIN:
45-6427038
US Government Securities - End of Year Book Value:

30,070
US Government Securities - End of Year Fair Market Value:

30,063
State & Local Government Securities - End of Year Book Value:


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


 


TY 2025 TaxesSchedule
Name:
THE CARMELITE HOME FOR GIRLS INC DATED JUNE
EIN:
45-6427038
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 459 459   0
STATE INCOME TAXES - PRINCIPAL 7,349 0   0
2024 FORM 4720 TAXES PAID 16,596 0   0
2025 ESTIMATED INCOME TAX PAYM 62,240 0   0
PY 2024 FORM 1041 TAXES PAID 56,580 0   0