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 CARROLL AND MARGUERITE WHEELER
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address) 3201 BEE CAVES ROAD SUITE 1-160145
  Room/suite
City or town
AUSTIN
State or province
TX
Country  
ZIP or foreign postal code
78716
A Employer identification number

82-7129734
B Telephone number (see instructions)

5125670228
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)$63,149,574J 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 149,579 149,579  
4 Dividends and interest from securities... 1,100,680 1,100,680  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,407,120
b Gross sales price for all assets on line 6a 12,478,706
7 Capital gain net income (from Part IV, line 2)... 1,407,120
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)....... Click to see attachment
List of Attached Documents:
// Content
8,741,238 8,741,238  
12 Total. Add lines 1 through 11........ 11,398,617 11,398,617  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 216,000 108,000   108,000
14 Other employee salaries and wages...... 74,935 52,455   22,481
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
27,458 13,729   13,729
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
369,988 330,442   39,546
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
280,037 134,253   1,585
19 Depreciation (attach schedule) and depletion... 1,783,339 1,783,339  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,578 1,289   1,289
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,754,335 2,423,507   186,630
25 Contributions, gifts, grants paid....... 6,705,000 6,705,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 9,459,335 2,423,507   6,891,630
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,939,282
b Net investment income (if negative, enter -0-) 8,975,110
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 3,216,393 2,252,362 2,252,362
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) 4,209,169 Click to see attachment
List of Attached Documents:
// Content
5,149,395 		5,162,523
b Investments—corporate stock (attach schedule)....... 19,296,673 Click to see attachment
List of Attached Documents:
// Content
21,420,295 		27,610,368
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).......... 12,610,823 Click to see attachment
List of Attached Documents:
// Content
14,232,894 		16,518,269
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
13,389,391 		Click to see attachment
List of Attached Documents:
// Content
11,606,052 		Click to see attachment
List of Attached Documents:
// Content
11,606,052
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 52,722,449 54,660,998 63,149,574
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe ) Click to see attachment
List of Attached Documents:
// Content
733 		Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 733 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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 52,721,716 54,660,998
29 Total net assets or fund balances (see instructions)..... 52,721,716 54,660,998
30 Total liabilities and net assets/fund balances (see instructions). 52,722,449 54,660,998
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
52,721,716
2
Enter amount from Part I, line 27a .....................
2
1,939,282
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
54,660,998
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
54,660,998
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 US CAPITAL ACCOUNTS P   2025-12-31
b US CAPITAL ACCOUNTS P   2025-12-31
c SENDORA#2166 P   2025-12-31
d SENDORA#2166 P   2025-12-31
e DSM P   2025-12-31
DSM P   2025-12-31
SENDORA#3276 P   2025-12-31
SENDORA#3276 P   2025-12-31
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 398,375   395,050 3,325
b 2,775,215   2,421,570 353,645
c 1,774,881   1,765,216 9,665
d 5,463,239   4,917,017 546,222
e 483,455   489,983 -6,528
669,079   552,634 116,445
409,099   461,235 -52,136
98,016   68,881 29,135
407,347     407,347
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       3,325
b       353,645
c       9,665
d       546,222
e       -6,528
      116,445
      -52,136
      29,135
      407,347
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 1,407,120
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) 1 124,754
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........................... 3 124,754
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- ..... 5 124,754
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 92,360
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 92,360
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 32,394
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)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
TX
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 addressWWW.THEWHEELERFOUNDATION.ORG/
14
The books are in care ofTHE FOUNDATION Telephone no. (512) 567-0228

Located at3201 BEE CAVES ROAD SUITE 1-160145AUSTINTX ZIP+478716
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
SHELLY MCTEE TRUSTEE/CO-EXECUTOR
22.00 		72,000 0 0
2300 BARTON CREEK BLVD24
AUSTIN,TX78735
DONALD HAYNES TRUSTEE/CO-EXECUTOR
2.00 		72,000 0 0
PO BOX 543
TILDEN,TX78072
WARREN WHEELER TRUSTEE
2.00 		72,000 0 0
PO BOX 114
TILDEN,TX78072
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
43,925,128
b
Average of monthly cash balances.......................
1b
2,604,738
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
46,529,866
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
46,529,866
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
697,948
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
45,831,918
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
2,291,596
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
2,291,596
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
124,754
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
124,754
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,166,842
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,166,842
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
2,166,842
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
6,891,630
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
6,891,630
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 2,166,842
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 70,569
b From 2021...... 283,709
c From 2022...... 4,514,987
d From 2023...... 1,264,334
e From 2024...... 2,692,865
f Total of lines 3a through e ........ 8,826,464
4Qualifying distributions for 2025 from Part
XI, line 4: $ 6,891,630
a Applied to 2024, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		0
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 2,166,842
e Remaining amount distributed out of corpus 4,724,788
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 13,551,252
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		70,569
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		13,480,683
10 Analysis of line 9:
a Excess from 2021 .... 283,709
b Excess from 2022 .... 4,514,987
c Excess from 2023 .... 1,264,334
d Excess from 2024 .... 2,692,865
e Excess from 2025 .... 4,724,788
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 e-mail address of the person to whom applications should be addressed:
TAYLOR PARSONS
3201 BEE CAVES ROAD STE 1-160145
AUSTIN,TX78716
(512) 567-0228
ED@THEWHEELERFOUNDATION.ORG
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS ARE ONLY ACCEPTED ONLINE ON THE ORGANIZATIONS WEBSITE THEWHEELERFOUNDATION.ORG. THE ORGANIZATION IRS DETERMINATION LETTER SHOULD BE UPLOADED WITH THE ONLINE APPLICATION.
cAny submission deadlines:
APPLICATIONS ARE REVIEWED QUARTERLY. SEE ORGANIZATION WEBSITE FOR APPLICABLE SUBMISSION DEADLINES.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE FOUNDATION INTENDS TO SUPPORT A BROAD SPECTRUM OF CHARITABLE ORGANIZATIONS WHICH SUSTAIN, ENCOURAGE AND PROMOTE ONE OR MORE OF THE FOLLOWING FOCUS AREAS: EDUCATION, FAMILY OR COMMUNITY.
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

THE FRIENDS OF THE PORT O CONNOR LIBRARY

PO BOX 497
PORT O CONNOR,TX77982 		NONE   PROGRAM SUPPORT 5,000

GIRLS ON THE RUN OF BEXAR COUNTY

10223 MCALLISTER FWY SUITE 101
SAN ANTONIO,TX78216 		NONE   PROGRAM SUPPORT 6,000

ADVANCE SAN ANTONIO

903 BILLY MITCHELL BLVD SUITE 103
SAN ANTONIO,TX78226 		NONE   PROGRAM SUPPORT 10,000

OPERATION WARM

300 50 APPLIED BANK BLVD STE 204
GLEN MILLS,PA19342 		NONE   PROGRAM SUPPORT 10,000

PROJECT MEND

5015 WURZBACH RD
SAN ANTONIO,TX78238 		NONE   PROGRAM SUPPORT 10,000

MAGDALENA MINISTRIES INC

PO BOX 692041
SAN ANTONIO,TX78269 		NONE   PROGRAM SUPPORT 10,000

THE CHRISTUS CHILDREN'S FOUNDATION

PO BOX 1661
SAN ANTONIO,TX78296 		NONE   PROGRAM SUPPORT 10,000

BOYS & GIRLS CLUBS OF SAN ANTONIO

123 RALPH AVE
SAN ANTONIO,TX78204 		NONE   PROGRAM SUPPORT 10,000

SAN ANTONIO METROPOLITAN MINISTRY INC (DBA SAMMINISTRIES)

1919 NW LOOP 410 ROOM 100
SAN ANTONIO,TX78213 		NONE   PROGRAM SUPPORT 10,000

REAL LIFE COMMUNITY OUTREACH

9224 N 5TH STREET
PHOENIX,AZ85020 		NONE   PROGRAM SUPPORT 10,000

DRESS FOR SUCCESS SAN ANTONIO

600 NORTH FRIO STREET
SAN ANTONIO,TX78207 		NONE   PROGRAM SUPPORT 10,000

I CARE SAN ANTONIO

1 HAVEN FOR HOPE WAY
SAN ANTONIO,TX78207 		NONE   PROGRAM SUPPORT 10,000

ANY BABY CAN OF SAN ANTONIO INC

217 HOWARD ST
SAN ANTONIO,TX78212 		NONE   PROGRAM SUPPORT 10,000

MIRACLE CHILDREN'S FOUNDATION

2683 VIA DE LA VALLE SUITE G-323
DEL MAR,CA92014 		NONE   PROGRAM SUPPORT 15,000

SAN ANTONIO CHILDREN'S MUSEUM DBA THE DOSEUM

2800 BROADWAY
SAN ANTONIO,TX78209 		NONE   PROGRAM SUPPORT 15,000

VOOM FOUNDATION

1602 ROCK PRAIRIE ROAD SUITE 130A
COLLEGE STATION,TX77845 		NONE   PROGRAM SUPPORT 15,000

HILL COUNTRY CONSERVANCY

PO BOX 163125
AUSTIN,TX78716 		NONE   PROGRAM SUPPORT 15,000

COURAGE RANCH

3292 TX-97 W
FLORESVILLE,TX78114 		NONE   PROGRAM SUPPORT 15,000

LIVE OAK COUNTY AREA GO-TEXAN INC

PO BOX 276
GEORGE WEST,TX78022 		NONE   PROGRAM SUPPORT 20,000

UNIVERSITY HEALTH FOUNDATION

4502 MEDICAL DR MS1-2
SAN ANTONIO,TX78229 		NONE   PROGRAM SUPPORT 20,000

UNIVERSITY OF THE INCARNATE WORD

4301 BROADWAY CPO127
SAN ANTONIO,TX78209 		NONE   PROGRAM SUPPORT 20,000

REVEAL RESOURCES CENTER

1150 S BELL BLVD
CEDAR PARK,TX78613 		NONE   PROGRAM SUPPORT 20,000

SAN ANTONIO FOOD BANK

5200 ENRIQUE M BARRERRA PKWY
SAN ANTONIO,TX78227 		NONE   PROGRAM SUPPORT 20,000

DAILY BREAD MINISTRIES

3559 BELGIUM LN
SAN ANTONIO,TX78219 		NONE   PROGRAM SUPPORT 25,000

TEXAS BEEF INITIATIVE

PO BOX 189
DRIPPING SPRINGS,TX78620 		NONE   PROGRAM SUPPORT 25,000

BIG BROTHERS BIG SISTERS OF SOUTH TEXAS INC

10843 GULFDALE
SAN ANTONIO,TX78216 		NONE   PROGRAM SUPPORT 25,000

HOSPICE AUSTIN

4107 SPICEWOOD SPRINGS ROAD
AUSTIN,TX78759 		NONE   PROGRAM SUPPORT 25,000

TRINITY UNIVERSITY

1 TRINITY PL
SAN ANTONIO,TX78212 		NONE   PROGRAM SUPPORT 25,000

THE MAJESTIC EMPIRE FOUNDATION

222 E HOUSTON ST 640
SAN ANTONIO,TX78205 		NONE   PROGRAM SUPPORT 25,000

TEXAS A&M SAN ANTONIO FOUNDATION

ONE UNIVERSITY WAY CAB 405
SAN ANTONIO,TX78224 		NONE   PROGRAM SUPPORT 25,000

TEXAS A&M SAN ANTONIO INSTITUTE FOR SCHOOL AND COMMUNITY PARTNERSHIP

1 UNIVERSITY WAY
SAN ANTONIO,TX78224 		NONE   PROGRAM SUPPORT 25,000

THE WINSTON SHOOL SAN ANTONIO

8565 EWING HALSELL DRIVE
SAN ANTONIO,TX78229 		NONE   PROGRAM SUPPORT 25,000

GIRL SCOUTS OF SOUTHWEST TEXAS

811 N COKER LOOP
SAN ANTONIO,TX78216 		NONE   PROGRAM SUPPORT 25,000

OPMD ASSOCIATION

18018 OVERLOOK LOOP STE 105 1050
SAN ANTONIO,TX78259 		NONE   PROGRAM SUPPORT 25,000

THE WOMAN'S CLUB OF SAN ANTONIO

1717 SAN OEDRI AVE
SAN ANTONIO,TX78212 		NONE   PROGRAM SUPPORT 30,000

EX-STUDENTS' ASSOCIATION OF THE UNIVERSITY OF TEXAS

2110 SAN JACINTO BLVD
AUSTIN,TX78712 		NONE   PROGRAM SUPPORT 30,000

ATASCOSA HEALTH CENTER INC

310 W OAKLAWN ROAD
PLEASANTON,TX78064 		NONE   PROGRAM SUPPORT 35,000

GK LEGACY FOUNDATION

5134 N CENTRAL AVE
PHOENIX,AZ85012 		NONE   PROGRAM SUPPORT 35,000

JOURDANTON EDUCATION FOUNDATION

200 ZANERSON AVE
JOURDANTON,TX78026 		NONE   PROGRAM SUPPORT 35,000

BOY SCOUTS OF AMERICAN ALAMO AREA COUNCIL INC

2226 NW MILITARY HWY
SAN ANTONIO,TX78201 		NONE   PROGRAM SUPPORT 35,000

SAN ANTONIO BOTANICAL GARDEN SOCIETY INC

555 FUNSTON PLACE
SAN ANTONIO,TX78209 		NONE   PROGRAM SUPPORT 35,000

ASSISTANCE LEAGUE OF SAN ANTONIO

2611 WEST AVENUE
SAN ANTONIO,TX78201 		NONE   PROGRAM SUPPORT 50,000

ALAMO COLLEGES FOUNDATION INC

2222 NORTH ALAMO STREET
SAN ANTONIO,TX78215 		NONE   PROGRAM SUPPORT 50,000

BULLDOG EDUCATION FOUNDATION

251 S SCHOOL ROAD
THREE RIVERS,TX78071 		NONE   PROGRAM SUPPORT 50,000

THE BOUNTIFUL BLESSINGS FOOD PANTRY

PO BOX 323
PLEASANTON,TX78064 		NONE   PROGRAM SUPPORT 50,000

SAN ANTONION ROSES

PO BOX 1974
SEGUIN,TX78156 		NONE   PROGRAM SUPPORT 50,000

MEALS ON WHEELS SAN ANTONIO

4306 NW LOOP 410
SAN ANTONIO,TX78229 		NONE   PROGRAM SUPPORT 50,000

ST MARY'S UNIVERSITY OF SAN ANTONIO

ONE CAMINO SANTA MARIA
SAN ANTONIO,TX78228 		NONE   PROGRAM SUPPORT 50,000

FIRST BAPTIST CHURCH OF CHIRSTINE

PO BOX 310
CHRISTINE,TX78012 		NONE   PROGRAM SUPPORT 75,000

MOBILE LOAVES & FISHES

9301 HOG EYE ROAD SUITE 950
AUSTIN,TX78724 		NONE   PROGRAM SUPPORT 75,000

HELPING HAND HOME FOR CHILDREN

3804 E RHAPSODY ST 136
SAN ANTONIO,TX78216 		NONE   PROGRAM SUPPORT 100,000

FUEL 4 EDUCATION INC

PO BOX 415
TILDEN,TX78072 		NONE   PROGRAM SUPPORT 100,000

HUNGRY SOULS INC

7401 WEST SLAUGHTER5025
AUSTIN,TX78739 		NONE   PROGRAM SUPPORT 100,000

TILDEN LIVESTOCK SCHOLARSHIP ASSOCIATION

PO BOX 344
TILDEN,TX78072 		NONE   PROGRAM SUPPORT 100,000

ASSISTANCE LEAGUE OF PHOENIX

9224 NORTH FIFTH STREET
PHOENIX,AZ85020 		NONE   PROGRAM SUPPORT 200,000

RISE AND SHINE CHILDCARE

PO BOX 42
TILDEN,TX78072 		NONE   PROGRAM SUPPORT 250,000

MCMULLEN COUNTY ISD

PO BOX 359
TILDEN,TX78072 		NONE   PROGRAM SUPPORT 470,000

SAN ANTONIO ZOOLOGICAL SOCIETY

3903 N ST MARYS ST
SAN ANTONIO,TX78212 		NONE   PROGRAM SUPPORT 500,000

MAJESTY OUTDOORS

555 N CARANCAHUA SUITE 130
CORPUS CHRISTI,TX78401 		NONE   PROGRAM SUPPORT 1,010,000

TILDEN BAPTIST CHURCH

PO BOX 212
TILDEN,TX78072 		NONE   PROGRAM SUPPORT 1,255,000

MCMULLEN COUNTY COMMUNITY DEVELOPMENT CORPORATION

PO BOX 103
TILDEN,TX78072 		NONE   PROGRAM SUPPORT 1,314,000
Total ................................. 3a 6,705,000
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 149,579  
4 Dividends and interest from securities ....     14 1,100,680  
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 .....     17 8,741,238  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,407,120  
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 11,398,617 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
11,398,617
(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 InvestmentsCorpStockSchedule
Name:
THE CARROLL AND MARGUERITE WHEELER
 
FOUNDATION
EIN:
82-7129734
Name of Stock End of Year Book Value End of Year Fair Market Value
SEND 211,343.3090 - PIMCO TOTAL RETURN FUND 2,062,980 1,872,502
SEND 25,429.6390 - VANGUARD TOTAL STOCK MARKET INDEX 1,896,329 4,150,117
USC 45,937.785 - DFA US LARGE COMPANY PORTFOLIO - MUTUAL FUND 1,186,692 2,085,575
USC 34,432.708 - DFA US LARGE CAP VALUE PRTF INSTL - MUTUAL FUND 1,252,142 1,938,906
SEND 1,608,326.7100 VANGUARD FEDERAL MONEY MARKET FUND INVESTOR SHARES 1,608,349 1,608,327
SEND 161,668.6360 - PIMCO INCOME FUND INSTITUTIONAL CLASS 1,720,973 1,776,738
USC 30,033.899 - DFA U.S. SMALL CAP GROWTH PORT INSTL - MUTUAL FUND 609,411 909,727
SEND 40,936.2240 - FMI COMMON STOCK FUND INSTITUTIONAL CLASS 1,201,897 1,367,679
USC 28,824.277- DFA U.S. LARGE CAP GROWTH PORT INSTL - MUTUAL FUND 728,898 1,233,103
SEND 19,265.9730 - USQ CORE REAL ESTATE FUND CLASS I 475,772 407,283
USC 21,047.456 - DFA US SMALL CAP VALUE PRTF INSTL - MUTUAL FUND 704,326 1,086,891
SEND 37,448.2010 - DFA EMERGING MARKETS CORE EQUITY PORTFOLIO - MUTUTAL FUND 860,197 1,088,994
USC 36,030.791 - DFA INTERNATIONAL VALUE PRTF INSTL - MUTUAL FUND 614,380 1,030,120
SEND 21,288.3720 - VANGUARD SHORT-TERM INFLATION-PROTECTED SECURTIES INDEX 537,326 527,952
SEND 13,937.9230 - COLUMBIA FLOATING RATE FUND INST2 CLASS 468,238 464,830
USC 8,009.416 - DFA US SMALL CAP PORTFOLIO INSTL CL - MUTUAL FUND 254,351 418,732
USC 12,380.105 - DFA EMERGING MRKTS CORE EQU PORTF - MUTUAL FUND 258,364 360,013
USC 11,1129.023 - DFA INTERNATIONAL LR CAP GR PORT INSTL - MUTUAL FUND 155,079 218,240
SEND 95,019.5170 - DFA INTERNATIONAL CORE EEQUITY 2 PORTFOLIO INSTITUTIONAL 1,889,008 1,927,946
SEND 20,903.9430 - AMERICAN BEACON SELECT FDS GLG NAT RES ETF 703,056 921,864
USC 11,469.408 - SELECT SECTOR SPDR TRUST STATE STREET 520,476 512,797
USC 10,257.215 - USCF EFF TR MIDSTREAM ENERGY 537,315 503,424
USC 22,537.267 - ADVISOR MANAGED PORTFOLIOS REGAN FIXED 576,751 594,984
USC 23,537.869 - VALUED ADVISERS TRUST REGAN FLTG RATE 597,985 603,624

TY 2025 InvestmentsGovtObligationsSch
Name:
THE CARROLL AND MARGUERITE WHEELER
 
FOUNDATION
EIN:
82-7129734
US Government Securities - End of Year Book Value:

5,149,395
US Government Securities - End of Year Fair Market Value:

5,162,523
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2025 InvestmentsOtherSchedule2
Name:
THE CARROLL AND MARGUERITE WHEELER
 
FOUNDATION
EIN:
82-7129734
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SEND - ALTERNATIVE OPPORTUNITY FUND AT COST 2,065,688 736,880
USC 76,993.148 BLACKSTONE REAL ESTATE INCOME TRUST INC AT COST 1,005,765 1,079,044
USC 12,837.091 - WISDOMTREE US TOTAL DIVIDEND - ETP AT COST 674,953 1,089,612
USC 12,588.065 - WISDOMTREE TR US LARGECAP DIVD - ETP AT COST 673,990 1,108,757
SEND 3,034.9109 VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETF AT COST 631,652 1,017,515
USC 21,311.46 - FIRST TR EXCHANGE TRADED FD VIII TCW AT COST 532,368 536,409
USC 11,191.846 - JP MORGAN EXCHANGE TRADED FD CORE PLUS AT COST 529,953 529,934
USC 9,999.901 - WISDOMTREE TR US QUALITY DIVID GROWTH FD - ETP AT COST 506,336 894,291
USC 43,875.424 - DNP SELECT INCOME FD INC COM AT COST 448,257 438,315
USC 14,747.108 - DIMENSIONAL ETF TRUST INTL CORE EQT MK AT COST 412,146 562,012
USC 11,600.253 - HARBOR ETF TRUST INTERNATIONAL AT COST 326,886 350,908
USC 7,901.479 - WISDOMTREE TR EM EX ST-OWNED - ETP AT COST 278,923 308,316
USC 6,467.849 - EXCHANGE TRADED CONCEPTS TRUST EMQQ EMG MKTS INTERENET & ECO AT COST 255,349 261,042
DSM 878.0000 - MICROSOFT CORP COM AT COST 276,705 424,618
DSM 256.0000 - META PLATFORMS INC CL A AT COST 127,104 168,983
USC 3,748.099 - UNIFIED SER TR BALLAST SMLMD CP AT COST 135,862 166,154
DSM 1,170.0000 - AMAZON COM INC COM AT COST 124,752 270,059
DSM 1,012.0000 - ALPHABET INC CL A AT COST 143,048 316,756
USC 4,386.645 - DIMENSIONAL ETF TRUST EMGR CRE EQT MNG AT COST 106,139 146,309
DSM 1,342.0000 - ARISTA NETWORKS INC COM AT COST 55,552 175,842
DSM 1,403.0000 - UBER TECHNOLOGIES INC COM AT COST 101,308 114,639
DSM 3,109.0000 - NVIDIA CORP COM AT COST 157,034 579,829
DSM 217.0000 - INTUIT COM AT COST 106,504 143,745
DSM 250.0000 - VISA INC COM CL A AT COST 61,882 87,678
NEW SENDORA 6,026.0000 - VONTIER CORP COM AT COST 230,115 224,047
NEW SENDORA 984.0000 - APLHABET INC CL A AT COST 180,423 307,992
DSM 161.0000 - AUTODESK INC COM AT COST 35,307 47,658
NEW SENDORA 845.0000 - AMERICAN TOWER CORP NEW COM AT COST 182,023 148,357
NEW SENDORA 401.0000 - BERSHIRE HATHAWAY INC DEL CL B NEW AT COST 191,785 201,563
NEW SENDORA 1,245.0000 - LAM RESH CORP COM NEW AT COST 112,770 213,119
NEW SENDORA 1,736.0000 - CAL MAINE FOODS INC COM NEW AT COST 167,236 138,134
NEW SENDORA 1,528.0000 - MERCK & CO INC NEW COM AT COST 137,407 160,837
NEW SENDORA 1,284.0000 - PHILLIPS 66 COM AT COST 162,087 165,687
DSM 434.0000 ABBOTT LABS COM AT COST 51,152 54,376
NEW SENDORA 1,226.0000 - PEPSICO INC COM AT COST 184,086 181,696
NEW SENDORA 733.0000 - ACCENTURE PLC IRELAND SHS CL A AT COST 205,756 196,664
DSM 421.0000 - HOWMET AEROSPACE INC COM AT COST 51,499 86,313
DSM 111.0000 - MASTERCARD INC CL A AT COST 46,445 63,368
DSM 141.0000 - CADENCE DESIGN SYS INC COM AT COST 38,741 44,074
NEW SENDORA 1,791.0000 - WELLS FARGO & CO NEW COM AT COST 134,993 166,921
DSM 151.0000 - GE VERNOVA INC COM AT COST 58,186 98,689
DSM 12.0000 - BOOKING HLDGS INC COM AT COST 63,457 64,264
DSM 837.0000 - BOARDCOM INC COM AT COST 233,077 289,686
DSM 237.0000 - GENERAL ELEC CO COM NEW AT COST 46,557 73,003
DSM 1,273.0000 - DEXCOM INC COM AT COST 93,027 84,489
DSM 650.0000 - NETFLIX INC COM AT COST 67,414 60,944
DSM 313.0000 - ORACLE CORP COM AT COST 82,814 61,007
DSM 1,045.0000 - PINTEREST INC CL A AT COST 37,997 27,055
DSM 383.0000 - REDDIT INC CL A AT COST 82,001 88,040
DSM 185.0000 - SERVICENOW INC COM AT COST 35,332 28,340
DSM 251.0000 - SIEMENS ENERGY AG ADR AT COST 35,304 35,178
NEW SENDORA 383.0000 - POOL CORP COM AT COST 90,636 87,611
NEW SENDORA 399.0000 - DEERE & CO COM AT COST 186,298 185,762
NEW SENDORA 1,360.0000 - EMERSON ELEC CO COM AT COST 176,253 180,499
NEW SENDORA 1,110.0000 - HUNT JB YRANS SVCS INC COM AT COST 164,787 215,717
NEW SENDORA 1,142.0000 - VAIL RESOURTS INC COM AT COST 181,334 151,658
NEW SENDORA 6,030.0000 - BROOKFIELD CORP VTG SHS CL A ISIN AT COST 243,082 277,258
NEW SENDORA 825.0000 - CAPITAL ONE FINL CORP COM AT COST 157,512 199,947
NEW SENDORA 494.0000 - CUMMINS INC COM AT COST 172,111 252,162
NEW SENDORA 856.0000 - TEXAS INSTRS INC COM AT COST 175,734 148,507

TY 2025 LegalFeesSchedule
Name:
THE CARROLL AND MARGUERITE WHEELER
 
FOUNDATION
EIN:
82-7129734
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL & PROFESSIONAL FEES 27,458 13,729   13,729


TY 2025 OtherAssetsSchedule
Name:
THE CARROLL AND MARGUERITE WHEELER
 
FOUNDATION
EIN:
82-7129734
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
MINERAL INTERESTS 17,297,050 17,297,050 17,297,050
ACCUMULATED DEPLETION ON THE MINERAL INTERESTS -3,907,659 -5,690,998 -5,690,998


TY 2025 OtherExpensesSchedule
Name:
THE CARROLL AND MARGUERITE WHEELER
 
FOUNDATION
EIN:
82-7129734
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSES 2,350 1,175   1,175
INSURANCE - WC 228 114   114


TY 2025 OtherIncomeSchedule2
Name:
THE CARROLL AND MARGUERITE WHEELER
 
FOUNDATION
EIN:
82-7129734
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTIES 8,215,458 8,215,458 8,215,458
LEASE PAYMENT 525,780 525,780 525,780


TY 2025 OtherLiabilitiesSchedule
Name:
THE CARROLL AND MARGUERITE WHEELER
 
FOUNDATION
EIN:
82-7129734
Description Beginning of Year - Book Value End of Year - Book Value
OTHER CURRENT LIABILITIES 733 0


TY 2025 OtherProfessionalFeesSchedule
Name:
THE CARROLL AND MARGUERITE WHEELER
 
FOUNDATION
EIN:
82-7129734
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVISORY MANAGEMENT FEES 330,442 330,442   0
GRANT MANAGEMENT FEES 39,546 0   39,546


TY 2025 TaxesSchedule
Name:
THE CARROLL AND MARGUERITE WHEELER
 
FOUNDATION
EIN:
82-7129734
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 5,283 3,698   1,585
TAXES & LICENSES 144,199 0   0
FOREIGN TAXES 8,872 8,872   0
PROPERTY TAXES 121,683 121,683   0