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
BIOGEN FOUNDATION INCORPORATED
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 653067
  Room/suite
City or town
DALLAS
State or province
TX
Country  
ZIP or foreign postal code
752653067
A Employer identification number

16-1636254
B Telephone number (see instructions)

8888663275
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)$35,417,851J 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... 1,411,533 1,411,533  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 17,511
b Gross sales price for all assets on line 6a 3,096,181
7 Capital gain net income (from Part IV, line 2)... 17,511
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)....... Click to see attachment
List of Attached Documents:
// Content
1,296 1,296  
12 Total. Add lines 1 through 11........ 1,430,340 1,430,340  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 372,156 223,293   148,862
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
1,250 750 0 500
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
10,315     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)....... Click to see attachment
List of Attached Documents:
// Content
76,000     76,000
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 459,721 224,043 0 225,362
25 Contributions, gifts, grants paid....... 2,774,446 2,774,446
26 Total expenses and disbursements. Add lines 24 and 25 ................ 3,234,167 224,043 0 2,999,808
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,803,827
b Net investment income (if negative, enter -0-) 1,206,297
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......... 16,700,004 2,738,188 2,738,188
3 Accounts receivable  
Less: allowance for doubtful accounts     0 0
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)      
b Investments—corporate stock (attach schedule).......   Click to see attachment
List of Attached Documents:
// Content
12 		 
c Investments—corporate bonds (attach schedule)....... 19,392,661 Click to see attachment
List of Attached Documents:
// Content
31,555,264 		32,679,663
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) 36,092,665 34,293,464 35,417,851
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........ 36,092,665 34,293,464
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)..... 36,092,665 34,293,464
30 Total liabilities and net assets/fund balances (see instructions). 36,092,665 34,293,464
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
36,092,665
2
Enter amount from Part I, line 27a .....................
2
-1,803,827
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
4,791
4
Add lines 1, 2, and 3 ..........................
4
34,293,629
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
165
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
34,293,464
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 .72 FHLMC G0 7021 05%2039   2014-01-17 2025-01-31
b 3.86 FHLMC G0 8599 03 50%2044   2014-09-26 2025-01-31
c 87.79 FHLMC A9 4713 04%2040   2012-08-14 2025-01-31
d 104.61 FHLMC A9 6409 03 50%2041   2012-06-07 2025-01-31
e 308.58 FHLMC SD 0145 03%2047   2020-06-17 2025-01-31
2.75 FNMA PAI1969 04 50%2041   2011-05-10 2025-01-31
2.06 FNMA PAK9393 03 50%2042   2014-04-23 2025-01-31
.83 FNMA P735893 05%2035   2013-03-26 2025-01-31
16.52 FNMA P745275 05%2036   2012-10-15 2025-01-31
102.05 FNMA PBM1277 04%2047   2017-12-04 2025-01-31
248.1 FNMA PBM1880 04%2045   2018-01-30 2025-01-31
12. FNMA P889579 06%2038   2010-08-12 2025-01-31
1.17 FNMA P995245 05%2039   2014-04-17 2025-01-31
47.37 FNMA PAE0984 04 50%2041   2011-03-02 2025-01-31
4000. HCA INC COMPANY GUARNT   2022-08-18 2025-02-01
2000. HCA INC COMPANY GUARNT   2022-08-18 2025-02-01
3000. HCA INC COMPANY GUARNT   2022-08-23 2025-02-01
4000. HCA INC COMPANY GUARNT   2022-08-23 2025-02-01
9000. HCA INC COMPANY GUARNT   2022-08-25 2025-02-01
7000. HCA INC COMPANY GUARNT   2022-08-26 2025-02-01
1000. HCA INC COMPANY GUARNT   2022-09-01 2025-02-01
1000. HCA INC COMPANY GUARNT   2022-09-07 2025-02-01
1000. HCA INC COMPANY GUARNT   2022-09-13 2025-02-01
4000. HCA INC COMPANY GUARNT   2022-09-19 2025-02-01
2000. HCA INC COMPANY GUARNT   2022-09-20 2025-02-01
2000. HCA INC COMPANY GUARNT   2022-09-27 2025-02-01
100000. HCA INC COMPANY GUARNT   2023-02-28 2025-02-01
150000. USD BANK NOVA SCOTIA 2.200% FEB 03 2025   2023-02-23 2025-02-03
35000. ENTERPRISE PRODUCTS OPER COMPANY GUARNT   2021-01-28 2025-02-15
265000. JPMORGAN CHASE & CO CLD GLB   2024-02-05 2025-02-24
.91 FHLMC G0 7021 05%2039   2014-01-17 2025-02-28
4.55 FHLMC G0 8599 03 50%2044   2014-09-26 2025-02-28
147.7 FHLMC A9 4713 04%2040   2012-08-14 2025-02-28
48.82 FHLMC A9 6409 03 50%2041   2012-06-07 2025-02-28
228.29 FHLMC SD 0145 03%2047   2020-06-17 2025-02-28
2.78 FNMA PAI1969 04 50%2041   2011-05-10 2025-02-28
2.03 FNMA PAK9393 03 50%2042   2014-04-23 2025-02-28
.79 FNMA P735893 05%2035   2013-03-26 2025-02-28
17.27 FNMA P745275 05%2036   2012-10-15 2025-02-28
114.51 FNMA PBM1277 04%2047   2017-12-04 2025-02-28
473.92 FNMA PBM1880 04%2045   2018-01-30 2025-02-28
10.78 FNMA P889579 06%2038   2010-08-12 2025-02-28
1.91 FNMA P995245 05%2039   2014-04-17 2025-02-28
66.96 FNMA PAE0984 04 50%2041   2011-03-02 2025-02-28
.75 FHLMC G0 7021 05%2039   2014-01-17 2025-03-31
5.2 FHLMC G0 8599 03 50%2044   2014-09-26 2025-03-31
71.7 FHLMC A9 4713 04%2040   2012-08-14 2025-03-31
50.16 FHLMC A9 6409 03 50%2041   2012-06-07 2025-03-31
322.53 FHLMC SD 0145 03%2047   2020-06-17 2025-03-31
2.88 FNMA PAI1969 04 50%2041   2011-05-10 2025-03-31
1.74 FNMA PAK9393 03 50%2042   2014-04-23 2025-03-31
.77 FNMA P735893 05%2035   2013-03-26 2025-03-31
17.72 FNMA P745275 05%2036   2012-10-15 2025-03-31
340. FNMA PBM1277 04%2047   2017-12-04 2025-03-31
350.6 FNMA PBM1880 04%2045   2018-01-30 2025-03-31
13.5 FNMA P889579 06%2038   2010-08-12 2025-03-31
1.33 FNMA P995245 05%2039   2014-04-17 2025-03-31
54.64 FNMA PAE0984 04 50%2041   2011-03-02 2025-03-31
87000. U.S. TREASURY NOTE 0.500% MAR 31 2025   2021-01-28 2025-03-31
32000. U.S. TREASURY NOTE 0.500% MAR 31 2025   2021-02-10 2025-03-31
3000. U.S. TREASURY NOTE 0.500% MAR 31 2025   2021-02-10 2025-03-31
50000. U.S. TREASURY NOTE 0.500% MAR 31 2025   2023-01-23 2025-03-31
245000. MORGAN STANLEY CLD GLB   2024-01-31 2025-04-28
.88 FHLMC G0 7021 05%2039   2014-01-17 2025-04-30
3.89 FHLMC G0 8599 03 50%2044   2014-09-26 2025-04-30
67.99 FHLMC A9 4713 04%2040   2012-08-14 2025-04-30
95.99 FHLMC A9 6409 03 50%2041   2012-06-07 2025-04-30
324.4 FHLMC SD 0145 03%2047   2020-06-17 2025-04-30
2.72 FNMA PAI1969 04 50%2041   2011-05-10 2025-04-30
2.09 FNMA PAK9393 03 50%2042   2014-04-23 2025-04-30
.83 FNMA P735893 05%2035   2013-03-26 2025-04-30
20.86 FNMA P745275 05%2036   2012-10-15 2025-04-30
103.72 FNMA PBM1277 04%2047   2017-12-04 2025-04-30
565.99 FNMA PBM1880 04%2045   2018-01-30 2025-04-30
14.93 FNMA P889579 06%2038   2010-08-12 2025-04-30
1.88 FNMA P995245 05%2039   2014-04-17 2025-04-30
40.06 FNMA PAE0984 04 50%2041   2011-03-02 2025-04-30
100000. CAPITAL ONE MUL ABS 2022 A2 A 03.490%MAY15 27   2022-09-22 2025-05-15
280000. INTERCONTINENTALEXCHANGE GLB   2024-02-29 2025-05-23
.62 FHLMC G0 7021 05%2039   2014-01-17 2025-05-31
5.27 FHLMC G0 8599 03 50%2044   2014-09-26 2025-05-31
66.07 FHLMC A9 4713 04%2040   2012-08-14 2025-05-31
68. FHLMC A9 6409 03 50%2041   2012-06-07 2025-05-31
349.86 FHLMC SD 0145 03%2047   2020-06-17 2025-05-31
2.96 FNMA PAI1969 04 50%2041   2011-05-10 2025-05-31
2.32 FNMA PAK9393 03 50%2042   2014-04-23 2025-05-31
.91 FNMA P735893 05%2035   2013-03-26 2025-05-31
17.21 FNMA P745275 05%2036   2012-10-15 2025-05-31
765.34 FNMA PBM1277 04%2047   2017-12-04 2025-05-31
345.83 FNMA PBM1880 04%2045   2018-01-30 2025-05-31
17.52 FNMA P889579 06%2038   2010-08-12 2025-05-31
1. FNMA P995245 05%2039   2014-04-17 2025-05-31
34.5 FNMA PAE0984 04 50%2041   2011-03-02 2025-05-31
.9 FHLMC G0 7021 05%2039   2014-01-17 2025-06-30
6.16 FHLMC G0 8599 03 50%2044   2014-09-26 2025-06-30
190.63 FHLMC A9 4713 04%2040   2012-08-14 2025-06-30
109.34 FHLMC A9 6409 03 50%2041   2012-06-07 2025-06-30
362.26 FHLMC SD 0145 03%2047   2020-06-17 2025-06-30
2.9 FNMA PAI1969 04 50%2041   2011-05-10 2025-06-30
2.57 FNMA PAK9393 03 50%2042   2014-04-23 2025-06-30
.71 FNMA P735893 05%2035   2013-03-26 2025-06-30
16.64 FNMA P745275 05%2036   2012-10-15 2025-06-30
721.15 FNMA PBM1277 04%2047   2017-12-04 2025-06-30
432.58 FNMA PBM1880 04%2045   2018-01-30 2025-06-30
15.56 FNMA P889579 06%2038   2010-08-12 2025-06-30
.98 FNMA P995245 05%2039   2014-04-17 2025-06-30
59.09 FNMA PAE0984 04 50%2041   2011-03-02 2025-06-30
167000. WARNERMEDIA HOLDINGS INC COMPANY GUARNT GLB   2024-02-01 2025-06-30
78000. WARNERMEDIA HOLDINGS INC COMP GUARNT SER * GLB   2024-02-01 2025-07-21
320000. BANK OF NY MELLON CO CLD GLB   2024-03-01 2025-07-24
285000. TRUIST FINANCIAL COR CLD SER MTN   2024-02-05 2025-07-28
.86 FHLMC G0 7021 05%2039   2014-01-17 2025-07-31
6.76 FHLMC G0 8599 03 50%2044   2014-09-26 2025-07-31
143.71 FHLMC A9 4713 04%2040   2012-08-14 2025-07-31
69.91 FHLMC A9 6409 03 50%2041   2012-06-07 2025-07-31
402.44 FHLMC SD 0145 03%2047   2020-06-17 2025-07-31
2.95 FNMA PAI1969 04 50%2041   2011-05-10 2025-07-31
1.57 FNMA PAK9393 03 50%2042   2014-04-23 2025-07-31
.87 FNMA P735893 05%2035   2013-03-26 2025-07-31
15.44 FNMA P745275 05%2036   2012-10-15 2025-07-31
306.41 FNMA PBM1277 04%2047   2017-12-04 2025-07-31
490.96 FNMA PBM1880 04%2045   2018-01-30 2025-07-31
11.58 FNMA P889579 06%2038   2010-08-12 2025-07-31
1.77 FNMA P995245 05%2039   2014-04-17 2025-07-31
26.27 FNMA PAE0984 04 50%2041   2011-03-02 2025-07-31
245000. KEY BANK NA SER BKNT   2024-02-22 2025-08-08
155000. SYNCHRONY BANK SER BKNT   2024-02-16 2025-08-22
.81 FHLMC G0 7021 05%2039   2014-01-17 2025-08-31
5.74 FHLMC G0 8599 03 50%2044   2014-09-26 2025-08-31
65.73 FHLMC A9 4713 04%2040   2012-08-14 2025-08-31
78.1 FHLMC A9 6409 03 50%2041   2012-06-07 2025-08-31
352.1 FHLMC SD 0145 03%2047   2020-06-17 2025-08-31
2.95 FNMA PAI1969 04 50%2041   2011-05-10 2025-08-31
2.52 FNMA PAK9393 03 50%2042   2014-04-23 2025-08-31
.74 FNMA P735893 05%2035   2013-03-26 2025-08-31
18.54 FNMA P745275 05%2036   2012-10-15 2025-08-31
99.16 FNMA PBM1277 04%2047   2017-12-04 2025-08-31
382.99 FNMA PBM1880 04%2045   2018-01-30 2025-08-31
11.77 FNMA P889579 06%2038   2010-08-12 2025-08-31
1.54 FNMA P995245 05%2039   2014-04-17 2025-08-31
27.4 FNMA PAE0984 04 50%2041   2011-03-02 2025-08-31
.72 FHLMC G0 7021 05%2039   2014-01-17 2025-09-30
7.04 FHLMC G0 8599 03 50%2044   2014-09-26 2025-09-30
135.83 FHLMC A9 4713 04%2040   2012-08-14 2025-09-30
90.51 FHLMC A9 6409 03 50%2041   2012-06-07 2025-09-30
361.08 FHLMC SD 0145 03%2047   2020-06-17 2025-09-30
2.93 FNMA PAI1969 04 50%2041   2011-05-10 2025-09-30
1.73 FNMA PAK9393 03 50%2042   2014-04-23 2025-09-30
.69 FNMA P735893 05%2035   2013-03-26 2025-09-30
20.44 FNMA P745275 05%2036   2012-10-15 2025-09-30
99.64 FNMA PBM1277 04%2047   2017-12-04 2025-09-30
159.48 FNMA PBM1880 04%2045   2018-01-30 2025-09-30
12.96 FNMA P889579 06%2038   2010-08-12 2025-09-30
1.64 FNMA P995245 05%2039   2014-04-17 2025-09-30
38.52 FNMA PAE0984 04 50%2041   2011-03-02 2025-09-30
225000. MICRON TECHNOLOGY IN CLD GLB   2024-05-16 2025-10-24
.88 FHLMC G0 7021 05%2039   2014-01-17 2025-10-31
5.28 FHLMC G0 8599 03 50%2044   2014-09-26 2025-10-31
154.46 FHLMC A9 4713 04%2040   2012-08-14 2025-10-31
66.98 FHLMC A9 6409 03 50%2041   2012-06-07 2025-10-31
329.21 FHLMC SD 0145 03%2047   2020-06-17 2025-10-31
3.11 FNMA PAI1969 04 50%2041   2011-05-10 2025-10-31
1.31 FNMA PAK9393 03 50%2042   2014-04-23 2025-10-31
.79 FNMA P735893 05%2035   2013-03-26 2025-10-31
15.23 FNMA P745275 05%2036   2012-10-15 2025-10-31
99.36 FNMA PBM1277 04%2047   2017-12-04 2025-10-31
372.4 FNMA PBM1880 04%2045   2018-01-30 2025-10-31
14.24 FNMA P889579 06%2038   2010-08-12 2025-10-31
1.58 FNMA P995245 05%2039   2014-04-17 2025-10-31
51.16 FNMA PAE0984 04 50%2041   2011-03-02 2025-10-31
.78 FHLMC G0 7021 05%2039   2014-01-17 2025-11-30
4.51 FHLMC G0 8599 03 50%2044   2014-09-26 2025-11-30
67.78 FHLMC A9 4713 04%2040   2012-08-14 2025-11-30
65.21 FHLMC A9 6409 03 50%2041   2012-06-07 2025-11-30
293.1 FHLMC SD 0145 03%2047   2020-06-17 2025-11-30
3.03 FNMA PAI1969 04 50%2041   2011-05-10 2025-11-30
.98 FNMA PAK9393 03 50%2042   2014-04-23 2025-11-30
.71 FNMA P735893 05%2035   2013-03-26 2025-11-30
14.81 FNMA P745275 05%2036   2012-10-15 2025-11-30
324.47 FNMA PBM1277 04%2047   2017-12-04 2025-11-30
253.11 FNMA PBM1880 04%2045   2018-01-30 2025-11-30
11.77 FNMA P889579 06%2038   2010-08-12 2025-11-30
1.39 FNMA P995245 05%2039   2014-04-17 2025-11-30
28.37 FNMA PAE0984 04 50%2041   2011-03-02 2025-11-30
200000. BP CAP MARKETS AMERI CLD COMPANY GUARNT GLB   2024-01-31 2025-12-18
.7 FHLMC G0 7021 05%2039   2014-01-17 2025-12-31
5. FHLMC G0 8599 03 50%2044   2014-09-26 2025-12-31
154.68 FHLMC A9 4713 04%2040   2012-08-14 2025-12-31
61.17 FHLMC A9 6409 03 50%2041   2012-06-07 2025-12-31
308.37 FHLMC SD 0145 03%2047   2020-06-17 2025-12-31
3.17 FNMA PAI1969 04 50%2041   2011-05-10 2025-12-31
1.54 FNMA PAK9393 03 50%2042   2014-04-23 2025-12-31
.69 FNMA P735893 05%2035   2013-03-26 2025-12-31
16.78 FNMA P745275 05%2036   2012-10-15 2025-12-31
537.79 FNMA PBM1277 04%2047   2017-12-04 2025-12-31
573.59 FNMA PBM1880 04%2045   2018-01-30 2025-12-31
11.71 FNMA P889579 06%2038   2010-08-12 2025-12-31
1.34 FNMA P995245 05%2039   2014-04-17 2025-12-31
30.25 FNMA PAE0984 04 50%2041   2011-03-02 2025-12-31
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CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN 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 1   1  
b 4   4  
c 88   94 -6
d 105   110 -5
e 309   326 -17
3   3  
2   2  
1   1  
17   18 -1
102   107 -5
248   259 -11
12   13 -1
1   1  
47   48 -1
4,000   4,079 -79
2,000   2,042 -42
3,000   3,047 -47
4,000   4,066 -66
9,000   9,141 -141
7,000   7,106 -106
1,000   1,009 -9
1,000   1,008 -8
1,000   1,004 -4
4,000   4,004 -4
2,000   2,000  
2,000   1,972 28
100,000   99,085 915
150,000   141,590 8,410
35,000   38,936 -3,936
265,000   257,066 7,934
1   1  
5   5  
148   159 -11
49   51 -2
228   241 -13
3   3  
2   2  
1   1  
17   19 -2
115   120 -5
474   494 -20
11   12 -1
2   2  
67   68 -1
1   1  
5   5  
72   77 -5
50   53 -3
323   341 -18
3   3  
2   2  
1   1  
18   19 -1
340   358 -18
351   366 -15
14   15 -1
1   1  
55   56 -1
87,000   87,707 -707
32,000   31,848 152
3,000   2,986 14
50,000   46,324 3,676
245,000   240,996 4,004
1   1  
4   4  
68   73 -5
96   101 -5
324   343 -19
3   3  
2   2  
1   1  
21   23 -2
104   109 -5
566   590 -24
15   16 -1
2   2  
40   41 -1
100,000   97,359 2,641
280,000   274,767 5,233
1   1  
5   5  
66   71 -5
68   71 -3
350   370 -20
3   3  
2   2  
1   1  
17   19 -2
765   805 -40
346   361 -15
18   19 -1
1   1  
35   35  
1   1  
6   6  
191   205 -14
109   115 -6
362   383 -21
3   3  
3   3  
1   1  
17   18 -1
721   759 -38
433   451 -18
16   17 -1
1   1  
59   60 -1
164,679   160,535 4,144
76,050   75,872 178
320,000   316,205 3,795
285,000   280,104 4,896
1   1  
7   7  
144   154 -10
70   73 -3
402   425 -23
3   3  
2   2  
1   1  
15   17 -2
306   322 -16
491   512 -21
12   13 -1
2   2  
26   27 -1
245,000   237,241 7,759
155,000   153,323 1,677
1   1  
6   6  
66   71 -5
78   82 -4
352   372 -20
3   3  
3   3  
1   1  
19   20 -1
99   104 -5
383   399 -16
12   13 -1
2   2  
27   28 -1
1   1  
7   7  
136   146 -10
91   95 -4
361   381 -20
3   3  
2   2  
1   1  
20   22 -2
100   105 -5
159   166 -7
13   14 -1
2   2  
39   39  
247,601   240,460 7,141
1   1  
5   5  
154   166 -12
67   70 -3
329   348 -19
3   3  
1   1  
1   1  
15   17 -2
99   105 -6
372   388 -16
14   15 -1
2   2  
51   52 -1
1   1  
5   5  
68   73 -5
65   68 -3
293   310 -17
3   3  
1   1  
1   1  
15   16 -1
324   341 -17
253   264 -11
12   13 -1
1   2 -1
28   29 -1
200,000   195,420 4,580
1   1  
5   5  
155   166 -11
61   64 -3
308   326 -18
3   3  
2   2  
1   1  
17   18 -1
538   566 -28
574   598 -24
12   13 -1
1   1  
30   31 -1
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
      343
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        
b        
c       -6
d       -5
e       -17
       
       
       
      -1
      -5
      -11
      -1
       
      -1
      -79
      -42
      -47
      -66
      -141
      -106
      -9
      -8
      -4
      -4
       
      28
      915
      8,410
      -3,936
      7,934
       
       
      -11
      -2
      -13
       
       
       
      -2
      -5
      -20
      -1
       
      -1
       
       
      -5
      -3
      -18
       
       
       
      -1
      -18
      -15
      -1
       
      -1
      -707
      152
      14
      3,676
      4,004
       
       
      -5
      -5
      -19
       
       
       
      -2
      -5
      -24
      -1
       
      -1
      2,641
      5,233
       
       
      -5
      -3
      -20
       
       
       
      -2
      -40
      -15
      -1
       
       
       
       
      -14
      -6
      -21
       
       
       
      -1
      -38
      -18
      -1
       
      -1
      4,144
      178
      3,795
      4,896
       
       
      -10
      -3
      -23
       
       
       
      -2
      -16
      -21
      -1
       
      -1
      7,759
      1,677
       
       
      -5
      -4
      -20
       
       
       
      -1
      -5
      -16
      -1
       
      -1
       
       
      -10
      -4
      -20
       
       
       
      -2
      -5
      -7
      -1
       
       
      7,141
       
       
      -12
      -3
      -19
       
       
       
      -2
      -6
      -16
      -1
       
      -1
       
       
      -5
      -3
      -17
       
       
       
      -1
      -17
      -11
      -1
      -1
      -1
      4,580
       
       
      -11
      -3
      -18
       
       
       
      -1
      -28
      -24
      -1
       
      -1
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 17,511
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 16,768
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 16,768
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 16,768
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 12,825
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 12,825
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 3,943
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)
MA
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 ofBANK OF AMERICA NA Telephone no. (888) 866-3275

Located atPO BOX 653067DALLASTX ZIP+4752653067
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
KATE DAWSON DIRECTOR
1 		0    
225 BINNEY ST
CAMBRIDGE,MA02142
BIOGEN FOUNDATION INC CORP DIRECTOR
40 		300,000    
225 BINNEY ST
CAMBRIDGE,MA02142
BANK OF AMERICA N A AGENT FOR FIDUCIARY
1 		72,156    
PO BOX 653067
DALLAS,TX752653067
TERESA CACHERO BOARD CHAIRMAN
1 		0    
225 BINNEY ST
CAMBRIDGE,MA02142
ADAM MEYERS DIRECTOR
1 		0    
225 BINNEY ST
CAMBRIDGE,MA02142
MELISSA PORAZZO DIRECTOR
1 		0    
225 BINNEY ST
CAMBRIDGE,MA02142
NICOLE BEVRETT DIRECTOR
1 		0    
225 BINNEY ST
CAMBRIDGE,MA02142
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
30,615,382
b
Average of monthly cash balances.......................
1b
5,390,219
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
36,005,601
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
36,005,601
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
540,084
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
35,465,517
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
1,773,276
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
1,773,276
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
16,768
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
16,768
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,756,508
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,756,508
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
1,756,508
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
2,999,808
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
2,999,808
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 1,756,508
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...... 17,538,300
b From 2021...... 6,914,090
c From 2022...... 8,512,339
d From 2023...... 6,326,594
e From 2024...... 1,905,571
f Total of lines 3a through e ........ 41,196,894
4Qualifying distributions for 2025 from Part
XI, line 4: $ 2,999,808
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..... 1,756,508
e Remaining amount distributed out of corpus 1,243,300
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 42,440,194
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) ... 		17,538,300
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		24,901,894
10 Analysis of line 9:
a Excess from 2021 .... 6,914,090
b Excess from 2022 .... 8,512,339
c Excess from 2023 .... 6,326,594
d Excess from 2024 .... 1,905,571
e Excess from 2025 .... 1,243,300
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:
THE BIOGEN FOUNDATION INC
225 BINNEY ST
CAMBRIDGE,MA02142
(617) 914-4528
bThe form in which applications should be submitted and information and materials they should include:
WRITTEN LETTER
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
CHARITABLE ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE
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

BIOGEN FOUNDATION INC
(SEE ATTACHED STMT)
225 BINNEY STREET
CAMBRIDGE,MA021421031 		N/A   CORPORATE FOUNDATION DIRECT 1,813,660

MATCHING GIFT PROGRAM
(SEE ATTACHED STMT)
225 BINNEY STREET
CAMBRIDGE,MA021421031 		N/A   MATCHING GIFT DISBURSEMENTS 890,017

VOLUNTEER REWARDS
(SEE ATTACHED STMT)
225 BINNEY STREET
CAMBRIDGE,MA021421031 		N/A   DONATIONS FOR EMPLOYEE 70,769
Total ................................. 3a 2,774,446
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 1,411,533  
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 17,511  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    1 1,296  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   1,430,340  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,430,340
(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:
BIOGEN FOUNDATION INCORPORATED
EIN:
16-1636254
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE 1,250 750   500

TY 2025 InvestmentsCorpBondsSchedule
Name:
BIOGEN FOUNDATION INCORPORATED
EIN:
16-1636254
Name of Bond End of Year Book Value End of Year Fair Market Value
00206RCP5 AT&T INC GLB 145,164 148,890
00206RKG6 AT&T INC GLB 238,826 257,372
00287YAR0 ABBVIE INC GLB 190,534 196,278
00287YBX6 ABBVIE INC GLB 198,355 208,503
023608AR3 AMEREN CORP GLB 390,922 395,638
025816DB2 AMERICAN EXPRESS CO 236,291 237,901
02665WFQ9 AMERICAN HONDA FINAN 246,423 247,475
031162DP2 AMGEN INC GLB 273,518 276,315
031162DR8 AMGEN INC GLB 140,839 144,922
032095BA8 AMPHENOL CORP GLB 399,572 391,888
03523TBY3 ANHEUSER-BUSCH INBEV 240,826 248,050
035240AV2 ANHEUSER-BUSCH INBEV 236,260 248,997
036752AG8 ANTHEM INC GLB 400,429 410,385
053332BA9 AUTOZONE INC GLB 278,622 302,282
05526DCC7 BAT CAPITAL CORP COM 332,303 338,530
101137BA4 BOSTON SCIENTIFIC CO 322,173 334,044
10373QCA6 BP CAP MARKETS AMERI 291,661 304,328
11135FCK5 BROADCOM INC GLB 199,676 203,206
125523CL2 CIGNA CORP GLB 197,605 213,461
126650DQ0 CVS HEALTH CORP GLB 198,063 214,963
126650ED8 CVS HEALTH CORP GLB 190,912 199,105
14448CAQ7 CARRIER GLOBAL CORP 238,750 258,902
14448CBC7 CARRIER GLOBAL CORP 141,441 144,812
149123CH2 CATERPILLAR INC GLB 237,726 250,682
20030NCT6 COMCAST CORP COMPANY 235,157 241,294
20030NEE7 COMCAST CORP COMPANY 194,474 201,722
21036PBC1 CONSTELLATION BRANDS 197,908 202,846
21036PBP2 CONSTELLATION BRANDS 192,704 200,918
22160KAP0 COSTCO WHOLESALE COR 239,845 258,150
24422EXE4 JOHN DEERE CAPITAL C 188,147 193,921
24422EXM6 JOHN DEERE CAPITAL C 280,445 283,522
24703TAH9 DELL INT LLC / EMC C 235,654 240,363
25278XBC2 DIAMONDBACK ENERGY I 325,437 334,045
26441CCE3 DUKE ENERGY CORP GLB 321,355 333,213
26875PAU5 EOG RESOURCES INC GL 274,103 281,728
29273VAU4 ENERGY TRANSFER LP G 191,092 197,285
29278NAQ6 ENERGY TRANSFER OPER 196,824 209,232
29379VBT9 ENTERPRISE PRODUCTS 233,839 241,447
29379VCF8 ENTERPRISE PRODUCTS 242,425 252,590
30303M8L9 META PLATFORMS INC G 236,220 239,333
30303M8N5 META PLATFORMS INC G 240,432 246,958
37045XEQ5 GENERAL MOTORS FINL 240,948 243,931
373334KY6 GEORGIA POWER CO GLB 481,780 497,845
404119CA5 HCA INC COMPANY GUAR 99,275 105,783
404119CK3 HCA INC COMPANY GUAR 160,718 170,015
404119CQ0 HCA INC COMPANY GUAR 144,300 150,855
42824CBU2 HP ENTERPRISE CO GLB 248,275 252,505
437076DD1 HOME DEPOT INC GLB 241,349 248,170
45866FBA1 INTERCONTINENTALEXCH 254,718 261,746
494553AD2 KINDER MORGAN INC CO 238,584 245,558
50077LBC9 KRAFT HEINZ FOODS CO 276,370 284,233
501044DV0 KROGER CO GLB 378,983 392,153
532457CX4 ELI LILLY & CO GLB 390,706 403,116
548661EG8 LOWE'S COS INC GLB 276,782 287,909
58013MFU3 MCDONALD'S CORP GLB 239,849 245,071
58933YAX3 MERCK & CO INC GLB 235,208 246,018
595112CD3 MICRON TECHNOLOGY IN 212,287 217,522
63743HFG2 NATIONAL RURAL UTIL 233,294 234,193
64110LAT3 NETFLIX INC GLB 276,395 278,616
65339KBZ2 NEXTERA ENERGY CAPIT 177,889 187,013
65339KCT5 NEXTERA ENERGY CAPIT 238,795 245,964
65473PAJ4 NISOURCE INC GLB 314,346 330,327
69352PAL7 PPL CAPITAL FUNDING 277,014 289,043
69371RT22 PACCAR FINANCIAL COR 240,960 243,994
70109HAM7 PARKER-HANNIFIN CORP 260,100 271,522
701094AR5 PARKER-HANNIFIN CORP 118,232 120,713
701094AS3 PARKER-HANNIFIN CORP 159,430 162,238
713448ES3 PEPSICO INC GLB 275,131 289,558
713448GC6 PEPSICO INC GLB 128,891 133,916
718172CW7 PHILIP MORRIS INTL I 191,203 194,487
718172DJ5 PHILIP MORRIS INTL I 325,598 335,923
744573AZ9 PUBLIC SERVICE ENTER 315,353 325,414
74460DAH2 PUBLIC STORAGE COMPA 118,885 127,845
74460WAG2 PUBLIC STORAGE COMPA 114,788 119,019
74464AAC5 PUBLIC STORAGE OP CO 333,482 332,693
760759AS9 REPUBLIC SERVICES IN 238,803 248,073
760759BC3 REPUBLIC SERVICES IN 143,444 148,792
78409VBH6 S&P GLOBAL INC COMPA 318,903 334,591
78409VBQ6 CB S&P GLOBAL INC - 189,871 194,644
855244BG3 STARBUCKS CORP GLB 238,721 242,124
855244BJ7 STARBUCKS CORP GLB 144,017 147,859
857477CD3 STATE STREET CORP GL 276,111 276,749
87264ABF1 T-MOBILE USA INC COM 275,223 290,097
87264ADF9 T-MOBILE USA INC COM 129,520 132,890
876030AK3 TAPESTRY INC GLB 320,144 329,542
87612GAE1 TARGA RESOURCES PART 187,967 189,488
87612GAM3 TARGA RESOURCES CORP 195,649 199,584
89236TJQ9 TOYOTA MOTOR CREDIT 192,029 201,791
89236TKQ7 TOYOTA MOTOR CREDIT 317,984 324,979
90353TAP5 UBER TECHNOLOGIES IN 318,661 329,904
907818FJ2 UNION PACIFIC CORP G 237,402 250,453
91159HJA9 US BANCORP SER MTN G 386,688 420,693
91324PEQ1 UNITEDHEALTH GROUP I 231,986 234,576
91324PEV0 UNITEDHEALTH GROUP I 95,242 99,427
92343VEA8 VERIZON COMMUNICATIO 243,596 250,961
92343VFE9 VERIZON COMMUNICATIO 233,878 248,989
927804GH1 VIRGINIA ELEC & POWE 236,219 244,525
92939UAL0 WEC ENERGY GROUP INC 237,010 243,564
958667AC1 WESTERN MIDSTREAM OP 326,291 333,091
025816DF3 AMERICAN EXPRESS CO 193,266 199,943
06406RBM8 BANK OF NY MELLON CO 156,402 161,736
14040HCZ6 CAPITAL ONE FINANCIA 235,308 241,374
172967ML2 CITIGROUP INC GLB 197,278 215,289
172967PL9 CITIGROUP INC GLB 191,942 196,762
316773DF4 FIFTH THIRD BANCORP 191,259 200,400
316773DK3 FIFTH THIRD BANCORP 200,242 205,358
38141GA95 GOLDMAN SACHS GROUP 128,090 132,895
38141GYM0 GOLDMAN SACHS GROUP 276,390 294,927
446150BC7 HUNTINGTON BANCSHARE 194,254 199,272
446150BD5 HUNTINGTON BANCSHARE 195,667 203,695
46647PEH5 JPMORGAN CHASE & CO 518,912 538,123
61747YFT7 MORGAN STANLEY GLB 621,943 643,375
693475BR5 PNC FINANCIAL SERVIC 238,144 243,723
693475BZ7 PNC FINANCIAL SERVIC 144,391 149,981
808513CH6 CHARLES SCHWAB CORP 94,763 98,097
808513CJ2 CHARLES SCHWAB CORP 273,488 280,275
89788MAS1 TRUIST FINANCIAL COR 162,338 168,307
95000U2J1 WELLS FARGO & COMPAN 375,548 406,286
3138AFFK1 FNMA PAI1969 04 50% 551 535
3138EENK1 FNMA PAK9393 03 50% 160 152
3140J5M30 FNMA PBM1277 04% 32,499 29,912
3140J6CS4 FNMA PBM1880 04% 35,013 32,739
31402RRN1 FNMA P735893 05% 63 60
31403C6L0 FNMA P745275 05% 1,313 1,235
31410KJY1 FNMA P889579 06% 1,294 1,262
31416BTA6 FNMA P995245 05% 135 126
31419BCW3 FNMA PAE0984 04 50% 4,707 4,655
3128MJUZ1 FHLMC G0 8599 03 50% 570 529
3128M9D25 FHLMC G0 7021 05% 80 76
312943GW7 FHLMC A9 4713 04% 12,685 11,601
312945DN5 FHLMC A9 6409 03 50% 8,374 7,730
3132DMES0 FHLMC SD 0145 03% 46,067 39,645
00774MAW5 AERCAP IRELAND CAP/G 197,844 213,288
00774MAY1 AERCAP IRELAND CAP/G 192,800 203,137
046353AV0 ASTRAZENECA PLC GLB 238,308 257,821
06368LAQ9 BANK OF MONTREAL SER 193,305 197,533
13645RBE3 USD CANADIAN PACIFIC 239,070 254,925
25243YBB4 DIAGEO CAPITAL PLC C 276,655 296,081
76720AAU0 RIO TINTO FIN USA PL 194,728 200,934
78016FZZ0 USD ROYAL BK CANADA 156,736 156,099
78081BAU7 ROYALTY PHARMA PLC C 323,959 331,670
89114TZJ4 TORONTO-DOMINION BAN 161,232 169,809
89114TZN5 TORONTO-DOMINION BAN 277,608 294,354
06738EBU8 BARCLAYS PLC GLB 238,438 255,817
06738ECL7 BARCLAYS PLC GLB 203,216 210,330
SEE ATTACHED STATEMENT    

TY 2025 InvestmentsCorpStockSchedule
Name:
BIOGEN FOUNDATION INCORPORATED
EIN:
16-1636254
Name of Stock End of Year Book Value End of Year Fair Market Value
715ESC018 PERSHING SQUARE TONT 12  

TY 2025 OtherDecreasesSchedule
Name:
BIOGEN FOUNDATION INCORPORATED
EIN:
16-1636254
Description Amount
INCOME ADJUSTMENT 165


TY 2025 OtherExpensesSchedule
Name:
BIOGEN FOUNDATION INCORPORATED
EIN:
16-1636254
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MA PC FILING FEE 1,000 0   1,000
PROGRAM MANAGEMENT FEES 75,000 0   75,000


TY 2025 OtherIncomeSchedule2
Name:
BIOGEN FOUNDATION INCORPORATED
EIN:
16-1636254
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 1,296 1,296  


TY 2025 OtherIncreasesSchedule
Name:
BIOGEN FOUNDATION INCORPORATED
EIN:
16-1636254
Description Amount
SALE ADJUSTMENT 4,791


TY 2025 TaxesSchedule
Name:
BIOGEN FOUNDATION INCORPORATED
EIN:
16-1636254
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL ESTIMATES - PRINCIPAL 10,315 0   0