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 04 - 01 2025, and ending 03 - 31, 20 26
Name of foundation
SIMPLOT COMPANY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 27
  Room/suite
City or town
BOISE
State or province
ID
Country  
ZIP or foreign postal code
83707
A Employer identification number

82-0522113
B Telephone number (see instructions)

2083362110
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)$147,891,550J 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 240,620 240,620  
4 Dividends and interest from securities... 1,527,852 1,527,852  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 63,588,145
b Gross sales price for all assets on line 6a 119,674,818
7 Capital gain net income (from Part IV, line 2)... 63,588,145
8 Net short-term capital gain.........  
9 Income modifications........... 3,500
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
73 0  
12 Total. Add lines 1 through 11........ 65,356,690 65,356,617 3,500
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
41,157 0   41,198
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
212,874 212,874   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
895,000 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,780 1,659   120
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,150,811 214,533   41,318
25 Contributions, gifts, grants paid....... 3,751,313 3,751,313
26 Total expenses and disbursements. Add lines 24 and 25 ................ 4,902,124 214,533   3,792,631
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 60,454,566
b Net investment income (if negative, enter -0-) 65,142,084
c Adjusted net income (if negative, enter -0-)... 3,500
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............. 36,315 746,994 746,994
2 Savings and temporary cash investments......... 3,105,566 4,684,353 4,684,353
3 Accounts receivable  
Less: allowance for doubtful accounts   58,184    
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 70,549,612 Click to see attachment
List of Attached Documents:
// Content
130,069,235 		130,069,235
c Investments—corporate bonds (attach schedule)....... 376,094 Click to see attachment
List of Attached Documents:
// Content
12,390,968 		12,390,968
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 74,125,771 147,891,550 147,891,550
Liabilities 17 Accounts payable and accrued expenses.......... 3,563 347,523
18 Grants payable................. 6,703,400 4,439,200
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)......... 6,706,963 4,786,723
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 67,418,808 143,104,827
29 Total net assets or fund balances (see instructions)..... 67,418,808 143,104,827
30 Total liabilities and net assets/fund balances (see instructions). 74,125,771 147,891,550
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
67,418,808
2
Enter amount from Part I, line 27a .....................
2
60,454,566
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
15,231,453
4
Add lines 1, 2, and 3 ..........................
4
143,104,827
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
143,104,827
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 CRH PLC (4242 SHRS)     2025-04-22
b COCA-COLA EUROPACIFIC PARTNERS PLC (118 SHRS)     2025-04-22
c MEDTRONIC, PLC (285 SHRS)     2025-04-22
d TE CONNECTIVITY PLC (355 SHRS)     2025-04-22
e STELLANTIS NV (13498 SHRS)     2025-04-22
AGNICO EAGLE MINES LTD (2496 SHRS)     2025-04-22
ANALOG DEVICES INC (3133 SHRS)     2025-04-22
ARCHER DANIELS MIDLAND CO (4335 SHRS)     2025-04-22
BP PLC - ADR (10639 SHRS)     2025-04-22
BANK OF AMERICA CORP (3762 SHRS)     2025-04-22
BRISTOL MYERS SQUIBB CO (1639 SHRS)     2025-04-22
BRITISH AMERICAN TOBACCO P.L.C - ADR (3744 SHRS)     2025-04-22
CATERPILLAR INC (686 SHRS)     2025-04-22
CHEVRON CORP (6335 SHRS)     2025-04-22
CISCO SYSTEMS INC (19069 SHRS)     2025-04-22
CITIGROUP INC. (3307 SHRS)     2025-04-22
CUMMINS INC. (276 SHRS)     2025-04-22
DEERE & CO (1159 SHRS)     2025-04-22
EBAY INC (746 SHRS)     2025-04-22
EQUINOR ASA (11406 SHRS)     2025-04-22
FIFTH THIRD BANCORP (1706 SHRS)     2025-04-22
GENERAL MILLS INC (501 SHRS)     2025-04-22
GENUINE PARTS CO (205 SHRS)     2025-04-22
GILEAD SCIENCES INC (1980 SHRS)     2025-04-22
HONDA MOTOR CO., LTD. - ADR (1422 SHRS)     2025-04-22
HONEYWELL INTERNATIONAL INC (3687 SHRS)     2025-04-22
JPMORGAN CHASE & CO (963 SHRS)     2025-04-22
JOHNSON & JOHNSON (713 SHRS)     2025-04-22
KENVUE INC (11576 SHRS)     2025-04-22
KIMBERLY CLARK CORP COM (1875 SHRS)     2025-04-22
LOCKHEED MARTIN CORP (290 SHRS)     2025-04-22
MAGNA INTL INC CL A (2746 SHRS)     2025-04-22
MARATHON PETROLEUM CORP (404 SHRS)     2025-04-22
MICROCHIP TECHNOLOGY INC COM (3657 SHRS)     2025-04-22
NOVARTIS AG - ADR (2183 SHRS)     2025-04-22
NUTRIEN LTD (72 SHRS)     2025-04-22
PACCAR INC (2569 SHRS)     2025-04-22
PT TELEKOMUNIKASI INDONESIA TB - ADR (7680 SHRS)     2025-04-22
PETROLEO BRASILEIRO S.A. - ADR (21125 SHRS)     2025-04-22
PHILLIPS 66 (2448 SHRS)     2025-04-22
RTX CORPORATION (5757 SHRS)     2025-04-22
SANOFI-AVENTIS (10831 SHRS)     2025-04-22
SUNCOR ENERGY INC NEW F (17 SHRS)     2025-04-22
TAKEDA PHARMACEUTICAL COMPANY (3401 SHRS)     2025-04-22
3M CO (4254 SHRS)     2025-04-22
TRAVELERS COMPANIES, INC (465 SHRS)     2025-04-22
US BANCORP (2099 SHRS)     2025-04-22
UNILEVER PLC - ADR (3207 SHRS)     2025-04-22
UNITEDHEALTH GROUP INC (2408 SHRS)     2025-04-22
WELLS FARGO & CO (1106 SHRS)     2025-04-22
ELEVANCE HEALTH INC (55 SHRS)     2025-06-25
AVERY DENNISON CORP (33 SHRS)     2025-06-25
CSX CORP (491 SHRS)     2025-06-25
COTERRA ENERGY INC (402 SHRS)     2025-06-25
EMERSON ELECTRIC CO (245 SHRS)     2025-06-25
FEDEX CORPORATION (111 SHRS)     2025-06-25
FERGUSON PLC (64 SHRS)     2025-06-25
FREEPORT-MCMORAN INC. (386 SHRS)     2025-06-25
THE HARTFORD INSURANCE GROUP INC (93 SHRS)     2025-06-25
THE HERSHEY COMPANY (83 SHRS)     2025-06-25
JD.COM INC (752 SHRS)     2025-06-25
KROGER CO (388 SHRS)     2025-06-25
L3HARRIS TECHNOLOGIES INC (63 SHRS)     2025-06-25
MERCK & CO INC NEW (408 SHRS)     2025-06-25
MONDELEZ INTERNATIONAL INC (336 SHRS)     2025-06-25
NEWMONT CORPORATION (487 SHRS)     2025-06-25
NOVO NORDISK A/S - ADR (2711 SHRS)     2025-06-25
NUCOR CORP (213 SHRS)     2025-06-25
PNC FINANCIAL SERVICES GROUP (161 SHRS)     2025-06-25
PROGRESSIVE CORP OHIO (205 SHRS)     2025-06-25
QUEST DIAGNOSTICS INC (64 SHRS)     2025-06-25
SNAP ON INC (31 SHRS)     2025-06-25
SOUTHERN COPPER CORP (1.1842 SHRS)     2025-06-25
TAPESTRY INC (207 SHRS)     2025-06-25
TRUIST FINANCIAL CORPORATION (585 SHRS)     2025-06-25
VALERO ENERGY CORP (148 SHRS)     2025-06-25
WILLIAMS SONOMA INC (92 SHRS)     2025-06-25
YUM CHINA HOLDINGS INC (278 SHRS)     2025-06-25
BARRICK MINING CORP (1440 SHRS)     2025-06-25
ACCENTURE PLC IRELAND SHARES CLASS A (22 SHRS)     2025-04-10
AFLAC INC (981 SHRS)     2025-04-10
AIR PRODUCTS & CHEMICALS (357 SHRS)     2025-04-10
ALPHABET INC VOTING CAP STK CLASS A (38 SHRS)     2025-04-10
AMERICAN WATER WORKS CO (649 SHRS)     2025-04-10
ANALOG DEVICES INC (23 SHRS)     2025-04-10
APPLE INC (165 SHRS)     2025-04-10
ATMOS ENERGY CORP (1071 SHRS)     2025-04-10
BECTON DICKINSON & CO (385 SHRS)     2025-04-10
BROADCOM INC (42 SHRS)     2025-04-10
BROADRIDGE FINANCIAL SOLUTIONS (651 SHRS)     2025-04-10
BROWN AND BROWN INC COM (2033 SHRS)     2025-04-10
BROWN-FORMAN CORP CL B (1284 SHRS)     2025-04-10
CENCORA INC (903 SHRS)     2025-04-10
CHUBB LTD (364 SHRS)     2025-04-10
CHURCH & DWIGHT INC (1182 SHRS)     2025-04-10
CINTAS CORP (480 SHRS)     2025-04-10
CMS ENERGY CORP (1709 SHRS)     2025-04-10
COLGATE PALMOLIVE CO (1232 SHRS)     2025-04-10
COMCAST CORP NEW CL A (1769 SHRS)     2025-04-10
COMMERCE BANCSHARES INC (1541 SHRS)     2025-04-10
COSTCO WHSL CORP NEW (61 SHRS)     2025-04-10
CROWN CASTLE INTERNATIONAL CORP (598 SHRS)     2025-04-10
ECOLAB INC (448 SHRS)     2025-04-10
EMBECTA CORP (77 SHRS)     2025-04-10
FACTSET RESEARCH SYSTEMS (308 SHRS)     2025-04-10
FEDERAL RLTY INVT TR SBI (926 SHRS)     2025-04-10
GRAINGER W W INC (93 SHRS)     2025-04-10
GENL DYNAMICS CORP (177 SHRS)     2025-04-10
HOME DEPOT INC (358 SHRS)     2025-04-10
HONEYWELL INTERNATIONAL (459 SHRS)     2025-04-10
INTERCONTINENTAL EXCH (842 SHRS)     2025-04-10
JACK HENRY & ASSOC INC (618 SHRS)     2025-04-10
KYNDRYL HLDGS INC (156 SHRS)     2025-04-10
L3HARRIS TECHNOLOGIES (26 SHRS)     2025-04-10
LINDE PLC (17 SHRS)     2025-04-10
LOCKHEED MARTIN CORP (278 SHRS)     2025-04-10
MCCORMICK & CO INC (1112 SHRS)     2025-04-10
MEDTRONIC PLC (800 SHRS)     2025-04-10
MICROSOFT CORP (47 SHRS)     2025-04-10
MONDELEZ INTL INC (1743 SHRS)     2025-04-10
NEW JERSEY RES CORP (2384 SHRS)     2025-04-10
NIKE INC CLASS B (1328 SHRS)     2025-04-10
ORION OFFICE REIT INC (155 SHRS)     2025-04-10
PARKER-HANNIFIN CORP (142 SHRS)     2025-04-10
P P G INDUSTRIES INC (688 SHRS)     2025-04-10
PROLOGIS INC (481 SHRS)     2025-04-10
REALTY INCOME CORP (1550 SHRS)     2025-04-10
SHERWIN WILLIAMS CO (405 SHRS)     2025-04-10
STRYKER CORP (383 SHRS)     2025-04-10
T ROWE PRICE GROUP INC (569 SHRS)     2025-04-10
TARGET CORP (440 SHRS)     2025-04-10
TEXAS INSTRUMENTS INC (540 SHRS)     2025-04-10
TRACTOR SUPPLY COMPANY (2421 SHRS)     2025-04-10
UNION PACIFIC CORP (455 SHRS)     2025-04-10
UNITEDHEALTH GROUP (349 SHRS)     2025-04-10
VERIZON COMMUNICATIONS (1692 SHRS)     2025-04-10
VISA INC CLASS A (316 SHRS)     2025-04-10
WALMART INC (634 SHRS)     2025-04-10
XYLEM INC (944 SHRS)     2025-04-10
TOTAL ENERGIES (8520 SHRS)     2025-03-31
UNILEVER (8609 SHRS)     2025-03-31
5TH 3RD BANCORP COM (4986 SHRS)     2025-03-31
ABBOTT LAB COM (1674 SHRS)     2025-03-31
ACCENTURE PLC CLS A (787 SHRS)     2025-03-31
ADR AMBEV (88419 SHRS)     2025-03-31
ADR BHP GROUP LTD (9722 SHRS)     2025-03-31
ADR BRIT AMERN TOB PLC SPONSORED (9162 SHRS)     2025-03-31
ADR ECOPETROL (14819 SHRS)     2025-03-31
ADR ENI SPA (8503 SHRS)     2025-03-31
ADR FOMENTO ECONOMICO MEXICANO SAB DE CV (1820 SHRS)     2025-03-31
ADR GOLD FIELDS LTD (6114 SHRS)     2025-03-31
ADR HONDA MTR LTD (8839 SHRS)     2025-03-31
ADR JD COM INC (7663 SHRS)     2025-03-31
ADR NETEASE INC (3005 SHRS)     2025-03-31
ADR NOVARTIS AG (6478 SHRS)     2025-03-31
ADR NOVO-NORDISK (11593 SHRS)     2025-03-31
ADR TENARIS (4151 SHRS)     2025-03-31
ADR VALE (24680 SHRS)     2025-03-31
ADR ZTO EXPRESS CAYMAN INC (6251 SHRS)     2025-03-31
AFLAC INC COM (1505 SHRS)     2025-03-31
ALLSTATE CORP COM (1610 SHRS)     2025-03-31
ALPHABET INC (1615 SHRS)     2025-03-31
AMERICA MOVIL (15081 SHRS)     2025-03-31
AMERICAN EXPRESS CO (615 SHRS)     2025-03-31
AMERICAN TOWER CORP (385 SHRS)     2025-03-31
AMGEN INC COM (667 SHRS)     2025-03-31
ANALOG DEVICES INC (1215 SHRS)     2025-03-31
APPLE INC COM STK (3188 SHRS)     2025-03-31
AUTOMATIC DATA PROCESSING INC (831 SHRS)     2025-03-31
AVERY DENNISON CORP (711 SHRS)     2025-03-31
BAKER HUGHES CO (6651 SHRS)     2025-03-31
BANK OF AMERICA CORP (24854 SHRS)     2025-03-31
BARRICK MINING CORPORATION COM NPV (8633 SHRS)     2025-03-31
BECTON DICKINSON & CO (1690 SHRS)     2025-03-31
BERKLEY W R CORP (2881 SHRS)     2025-03-31
BLACKROCK INC NEW (228 SHRS)     2025-03-31
BOOZ ALLEN HAMILTON HLDG CORP (1174 SHRS)     2025-03-31
BRISTOL MYERS SQUIBB CO (9949 SHRS)     2025-03-31
BROADCOM INC (1615 SHRS)     2025-03-31
BROWN-FORMAN INC (4193 SHRS)     2025-03-31
CANADIAN NAT RES LTD (10208 SHRS)     2025-03-31
CARLISLE COMPANIES INC (162 SHRS)     2025-03-31
CATERPILLAR INC (1963 SHRS)     2025-03-31
CDW CORP (1095 SHRS)     2025-03-31
CENOVUS ENERGY INC (12431 SHRS)     2025-03-31
CHEVRON CORP (1266 SHRS)     2025-03-31
CHUBB LTD (485 SHRS)     2025-03-31
CIN FNCL CORP (1297 SHRS)     2025-03-31
CISCO SYSTEMS INC (2889 SHRS)     2025-03-31
CITIGROUP INC COM NEW COM NEW (8096 SHRS)     2025-03-31
COCA-COLA EUROPACIFIC PARTNERS (2523 SHRS)     2025-03-31
COGNIZANT TECH SOLUTIONS (3457 SHRS)     2025-03-31
CONOCOPHILLIPS (5947 SHRS)     2025-03-31
CONSTELLATION BRANDS INC (1250 SHRS)     2025-03-31
CONSTELLATION ENERGY CORPORATION (524 SHRS)     2025-03-31
COSTCO WHOLESALE CORP NEW (218 SHRS)     2025-03-31
COTERRA ENERGY INC (6098 SHRS)     2025-03-31
CSX CORP (10796 SHRS)     2025-03-31
CUMMINS INC (887 SHRS)     2025-03-31
DIAGEO PLC (2679 SHRS)     2025-03-31
DICKS SPORTING GOODS INC (742 SHRS)     2025-03-31
EBAY INC (3338 SHRS)     2025-03-31
ELEVANCE HEALTH INC (1087 SHRS)     2025-03-31
EMERSON ELECTRIC CO (4312 SHRS)     2025-03-31
EOG RESOURCES INC (3190 SHRS)     2025-03-31
ERICSSON (20885 SHRS)     2025-03-31
EVEREST GROUP LTD (353 SHRS)     2025-03-31
EXXON MOBIL CORP (11400 SHRS)     2025-03-31
FEDEX CORP (1354 SHRS)     2025-03-31
FERGUSON ENTERPRISES INC (1335 SHRS)     2025-03-31
FREEPORT-MCMORAN INC (8601 SHRS)     2025-03-31
GE AEROSPACE (589 SHRS)     2025-03-31
GENERAL DYNAMICS (478 SHRS)     2025-03-31
GENERAL MILLS INC (3851 SHRS)     2025-03-31
GENUINE PARTS CO (1231 SHRS)     2025-03-31
GILEAD SCIENCES INC (5563 SHRS)     2025-03-31
GRAINGER W W INC (156 SHRS)     2025-03-31
HALEON (23989 SHRS)     2025-03-31
HALLIBURTON CO (7184 SHRS)     2025-03-31
HERSHEY COMPANY (1311 SHRS)     2025-03-31
HUNTINGTON BANCSHARES INC (12052 SHRS)     2025-03-31
ILL TOOL WKS INC (821 SHRS)     2025-03-31
IMPERIAL OIL LTD (2992 SHRS)     2025-03-31
INTL FLAVORS & FRAGRANCES INC (2166 SHRS)     2025-03-31
JOHNSON & JOHNSON (8481 SHRS)     2025-03-31
JPMORGAN CHASE & CO (6334 SHRS)     2025-03-31
KRAFT HEINZ CO (8071 SHRS)     2025-03-31
KROGER CO (3617 SHRS)     2025-03-31
L3HARRIS TECHNOLOGIES INC (1875 SHRS)     2025-03-31
LENNAR CORP (1934 SHRS)     2025-03-31
LINDE PLC (538 SHRS)     2025-03-31
LOCKHEED MARTIN (1064 SHRS)     2025-03-31
LOWES COS INC (1482 SHRS)     2025-03-31
MARATHON PETE CORP (2075 SHRS)     2025-03-31
MC DONALDS CORP (467 SHRS)     2025-03-31
MEDTRONIC PLC (5151 SHRS)     2025-03-31
MERCK & CO INC (9275 SHRS)     2025-03-31
META PLATFORMS (366 SHRS)     2025-03-31
MFC ETF I SHARES MSCI EAFE (2217 SHRS)     2025-03-31
MFC ISHARES TRUST CORE US AGGREGATE BD ETF (4961 SHRS)     2025-03-31
MICRON TECH INC COM (137500 SHRS)     2025-03-31
MICROSOFT CORP (1646 SHRS)     2025-03-31
MONDELEZ INTL INC (6184 SHRS)     2025-03-31
NEWMONT CORPORATION (5881 SHRS)     2025-03-31
NEXTERA ENERGY INC (2525 SHRS)     2025-03-31
NUCOR CORP (1565 SHRS)     2025-03-31
NUTRIEN LTD (3181 SHRS)     2025-03-31
NXP SEMICONDUCTORS (1378 SHRS)     2025-03-31
OCCIDENTAL PETROLEUM CORP (6394 SHRS)     2025-03-31
OMNICOM GROUP INC (1794 SHRS)     2025-03-31
PAYCHEX INC (1394 SHRS)     2025-03-31
PEPSICO INC (792 SHRS)     2025-03-31
PHILLIPS 66 (1685 SHRS)     2025-03-31
PNC FINANCIAL SERVICES GROUP (2121 SHRS)     2025-03-31
PPG IND INC (1782 SHRS)     2025-03-31
PROCTER & GAMBLE (764 SHRS)     2025-03-31
PROGRESSIVE CORP (2322 SHRS)     2025-03-31
PROLOGIS INC (906 SHRS)     2025-03-31
QUALCOMM INC (4728 SHRS)     2025-03-31
QUEST DIAGNOSTICS INC (896 SHRS)     2025-03-31
RELIANCE INC COM NPV (483 SHRS)     2025-03-31
ROYAL DUTCH SHELL (9900 SHRS)     2025-03-31
S&P GLOBAL INC (343 SHRS)     2025-03-31
SHERWIN-WILLIAMS CO (287 SHRS)     2025-03-31
SLB LIMITED (8454 SHRS)     2025-03-31
SMURFIT WESTROCK LTD (3571 SHRS)     2025-03-31
SNAP-ON INC (461 SHRS)     2025-03-31
SOUTHN COPPER CORP (4424 SHRS)     2025-03-31
STARBUCKS CORP (1768 SHRS)     2025-03-31
SUNCOR ENERGY INC (6672 SHRS)     2025-03-31
SYSCO CORP (3332 SHRS)     2025-03-31
TAKEDA PHARMACEUTICAL CO LTD (16503 SHRS)     2025-03-31
TAPESTRY INC (1799 SHRS)     2025-03-31
TE CONNECTIVITY (1684 SHRS)     2025-03-31
THE HARTFORD INSURANCE GROUP INC (1911 SHRS)     2025-03-31
TRAVELERS COS INC (1307 SHRS)     2025-03-31
TRUIST FINL CORP (7687 SHRS)     2025-03-31
US BANCORP (9000 SHRS)     2025-03-31
VALERO ENERGY CORP (2044 SHRS)     2025-03-31
WALMART INC (1490 SHRS)     2025-03-31
WEC ENERGY GROUP INC (1312 SHRS)     2025-03-31
WELLS FARGO & CO (12290 SHRS)     2025-03-31
WILLIAMS SONOMA INC (994 SHRS)     2025-03-31
YUM CHINA HLDGS INC (2697 SHRS)     2025-03-31
ZOETIS INC (849 SHRS)     2025-03-31
(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 349,288   163,610 185,678
b 10,512   6,901 3,611
c 23,364   32,183 -8,819
d 45,397   44,049 1,348
e 123,339   259,680 -136,341
307,137   151,835 155,302
538,124   448,927 89,197
206,352   226,334 -19,982
294,551   348,759 -54,208
152,551   105,569 46,982
80,533   83,625 -3,092
159,087   142,384 16,703
207,445   101,509 105,936
850,250   1,027,637 -177,387
1,035,574   820,153 215,421
215,270   218,360 -3,090
77,933   33,728 44,205
510,140   455,109 55,031
49,109   40,537 8,572
259,065   326,777 -67,712
59,351   48,962 10,389
28,758   30,314 -1,556
23,041   18,244 4,797
206,799   140,298 66,501
41,285   41,121 164
711,062   594,660 116,402
241,525   91,326 150,199
112,239   82,108 30,131
262,345   220,934 41,411
264,520   235,442 29,078
132,617   71,022 61,595
86,985   136,850 -49,865
51,110   34,176 16,934
139,298   276,389 -137,091
241,818   178,693 63,125
3,800   7,407 -3,607
219,390   302,502 -83,112
117,346   183,975 -66,629
223,226   317,300 -94,074
235,732   288,245 -52,513
726,715   574,299 152,416
548,196   528,647 19,549
587   540 47
50,417   63,388 -12,971
538,563   563,784 -25,221
118,512   64,505 54,007
78,443   97,367 -18,924
204,819   129,257 75,562
1,043,499   1,130,729 -87,230
70,944   42,390 28,554
20,657   22,663 -2,006
5,882   5,544 338
15,942   13,364 2,578
10,780   10,801 -21
32,082   23,605 8,477
25,414   25,801 -387
14,106   13,683 423
16,137   12,573 3,564
11,817   9,065 2,752
14,202   15,233 -1,031
24,482   25,137 -655
28,419   27,888 531
15,501   13,538 1,963
32,687   31,594 1,093
22,951   22,704 247
28,278   26,982 1,296
167,520   155,876 11,644
27,243   22,791 4,452
29,390   23,666 5,724
54,577   53,364 1,213
11,500   10,361 1,139
9,582   9,330 252
110   100 10
18,117   13,003 5,114
24,345   19,558 4,787
20,043   19,953 90
14,478   12,535 1,943
12,364   11,521 843
48,262   29,638 18,624
6,607   5,602 1,005
101,294   47,893 53,401
93,980   94,207 -227
6,348   6,100 248
91,049   94,568 -3,519
5,601   3,568 2,033
33,234   20,301 12,933
159,516   94,532 64,984
76,963   92,206 -15,243
10,986   6,891 4,095
148,333   94,469 53,864
237,815   94,610 143,205
42,904   94,575 -51,671
250,211   94,567 155,644
99,803   61,475 38,328
121,093   94,631 26,462
97,444   60,336 37,108
121,464   89,825 31,639
106,063   94,580 11,483
59,799   94,705 -34,906
86,808   94,485 -7,677
60,013   21,130 38,883
57,098   89,046 -31,948
104,265   94,399 9,866
932   2,165 -1,233
128,573   94,592 33,981
81,981   93,578 -11,597
88,867   34,663 54,204
55,254   29,235 26,019
124,783   94,463 30,320
89,640   94,442 -4,802
130,696   94,690 36,006
105,150   94,478 10,672
4,583   3,963 620
6,405   4,861 1,544
7,874   4,325 3,549
128,362   94,139 34,223
83,876   94,588 -10,712
66,290   94,572 -28,282
22,953   10,943 12,010
113,929   94,679 19,250
113,106   94,564 18,542
71,391   144,562 -73,171
247   3,027 -2,780
80,006   99,292 -19,286
72,785   94,545 -21,760
45,650   59,978 -14,328
83,248   88,327 -5,079
131,974   93,955 38,019
133,833   94,396 39,437
48,873   94,551 -45,678
40,800   60,042 -19,242
85,004   94,478 -9,474
69,050   59,992 9,058
99,392   94,538 4,854
105,904   133,333 -27,429
71,612   94,633 -23,021
102,768   100,204 2,564
57,865   28,733 29,132
101,959   94,489 7,470
519,869   453,279 66,590
542,573   450,182 92,391
211,354   155,236 56,118
214,909   207,088 7,821
197,071   215,940 -18,869
194,301   214,213 -19,912
553,907   454,974 98,933
469,161   321,149 148,012
132,274   160,543 -28,269
295,052   244,712 50,340
172,523   184,350 -11,827
284,753   147,100 137,653
276,032   263,861 12,171
253,746   256,150 -2,404
448,708   275,556 173,152
851,253   541,291 309,962
650,058   666,570 -16,512
143,018   152,604 -9,586
273,975   332,461 -58,486
118,608   116,590 2,018
162,494   104,086 58,408
313,439   305,335 8,104
398,670   280,138 118,532
338,229   244,790 93,439
216,760   198,880 17,880
74,519   80,045 -5,526
200,754   164,987 35,767
301,351   204,275 97,076
841,474   566,996 274,478
235,763   178,654 57,109
127,000   119,446 7,554
304,674   253,927 50,747
1,289,816   787,332 502,484
298,828   177,684 121,144
316,757   382,643 -65,886
215,025   159,879 55,146
261,040   176,199 84,841
117,450   131,674 -14,224
436,497   540,775 -104,278
555,469   276,573 278,896
118,006   140,877 -22,871
307,432   319,663 -12,231
53,584   54,058 -474
1,043,289   445,938 597,351
171,922   162,803 9,119
209,466   208,420 1,046
195,073   176,323 18,750
130,083   115,045 15,038
202,031   166,836 35,195
205,388   141,173 64,215
799,189   440,065 359,124
227,475   154,429 73,046
236,065   221,387 14,678
516,266   602,291 -86,025
175,467   229,975 -54,508
188,133   109,854 78,279
205,055   73,217 131,838
142,129   161,445 -19,316
387,516   293,838 93,678
371,138   179,240 191,898
263,747   351,590 -87,843
169,055   132,398 36,657
313,230   163,834 149,396
375,956   447,909 -71,953
562,049   406,012 156,037
338,644   346,525 -7,881
197,466   172,592 24,874
123,031   122,064 967
1,284,991   1,312,349 -27,358
325,129   327,995 -2,866
321,740   259,949 61,791
351,431   280,157 71,274
181,192   107,869 73,323
162,566   89,128 73,438
189,986   227,888 -37,902
163,864   147,959 15,905
689,951   382,897 307,054
152,744   59,731 93,013
223,916   200,012 23,904
175,907   233,586 -57,679
241,656   237,379 4,277
191,664   157,674 33,990
208,296   175,650 32,646
257,007   169,726 87,281
140,517   157,388 -16,871
1,634,314   1,189,601 444,713
1,856,739   889,272 967,467
206,775   301,644 -94,869
248,682   259,972 -11,290
543,755   389,887 153,868
246,653   199,812 46,841
242,003   171,236 70,767
516,340   400,436 115,904
361,439   293,689 67,750
384,818   253,158 131,660
145,067   100,136 44,931
495,136   511,686 -16,550
811,375   718,222 93,153
267,869   217,361 50,508
211,171   179,539 31,632
496,745   492,357 4,388
52,621,806   22,000 52,599,806
854,875   573,222 281,653
383,480   417,868 -34,388
510,874   325,833 185,041
210,522   178,018 32,504
213,969   167,451 46,518
183,368   269,511 -86,143
298,456   253,075 45,381
263,394   247,901 15,493
146,287   129,903 16,384
176,998   145,974 31,024
121,593   105,539 16,054
218,379   147,390 70,989
384,668   312,415 72,253
182,148   237,169 -55,021
116,373   97,136 19,237
514,013   604,448 -90,435
113,995   95,202 18,793
793,791   633,506 160,285
162,442   145,060 17,382
132,610   131,576 1,034
721,761   564,463 157,298
164,544   120,824 43,720
96,300   98,312 -2,012
294,368   408,706 -114,338
152,493   146,088 6,405
157,982   138,740 19,242
596,787   371,492 225,295
150,900   166,241 -15,341
256,270   214,019 42,251
262,371   256,114 6,257
231,210   278,348 -47,138
207,461   113,009 94,452
385,329   218,726 166,603
239,130   188,484 50,646
350,856   221,275 129,581
335,528   266,052 69,476
426,011   386,175 39,836
325,598   283,845 41,753
160,187   65,802 94,385
154,504   113,427 41,077
1,034,078   542,963 491,115
186,955   135,437 51,518
117,671   111,768 5,903
124,869   137,726 -12,857
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       185,678
b       3,611
c       -8,819
d       1,348
e       -136,341
      155,302
      89,197
      -19,982
      -54,208
      46,982
      -3,092
      16,703
      105,936
      -177,387
      215,421
      -3,090
      44,205
      55,031
      8,572
      -67,712
      10,389
      -1,556
      4,797
      66,501
      164
      116,402
      150,199
      30,131
      41,411
      29,078
      61,595
      -49,865
      16,934
      -137,091
      63,125
      -3,607
      -83,112
      -66,629
      -94,074
      -52,513
      152,416
      19,549
      47
      -12,971
      -25,221
      54,007
      -18,924
      75,562
      -87,230
      28,554
      -2,006
      338
      2,578
      -21
      8,477
      -387
      423
      3,564
      2,752
      -1,031
      -655
      531
      1,963
      1,093
      247
      1,296
      11,644
      4,452
      5,724
      1,213
      1,139
      252
      10
      5,114
      4,787
      90
      1,943
      843
      18,624
      1,005
      53,401
      -227
      248
      -3,519
      2,033
      12,933
      64,984
      -15,243
      4,095
      53,864
      143,205
      -51,671
      155,644
      38,328
      26,462
      37,108
      31,639
      11,483
      -34,906
      -7,677
      38,883
      -31,948
      9,866
      -1,233
      33,981
      -11,597
      54,204
      26,019
      30,320
      -4,802
      36,006
      10,672
      620
      1,544
      3,549
      34,223
      -10,712
      -28,282
      12,010
      19,250
      18,542
      -73,171
      -2,780
      -19,286
      -21,760
      -14,328
      -5,079
      38,019
      39,437
      -45,678
      -19,242
      -9,474
      9,058
      4,854
      -27,429
      -23,021
      2,564
      29,132
      7,470
      66,590
      92,391
      56,118
      7,821
      -18,869
      -19,912
      98,933
      148,012
      -28,269
      50,340
      -11,827
      137,653
      12,171
      -2,404
      173,152
      309,962
      -16,512
      -9,586
      -58,486
      2,018
      58,408
      8,104
      118,532
      93,439
      17,880
      -5,526
      35,767
      97,076
      274,478
      57,109
      7,554
      50,747
      502,484
      121,144
      -65,886
      55,146
      84,841
      -14,224
      -104,278
      278,896
      -22,871
      -12,231
      -474
      597,351
      9,119
      1,046
      18,750
      15,038
      35,195
      64,215
      359,124
      73,046
      14,678
      -86,025
      -54,508
      78,279
      131,838
      -19,316
      93,678
      191,898
      -87,843
      36,657
      149,396
      -71,953
      156,037
      -7,881
      24,874
      967
      -27,358
      -2,866
      61,791
      71,274
      73,323
      73,438
      -37,902
      15,905
      307,054
      93,013
      23,904
      -57,679
      4,277
      33,990
      32,646
      87,281
      -16,871
      444,713
      967,467
      -94,869
      -11,290
      153,868
      46,841
      70,767
      115,904
      67,750
      131,660
      44,931
      -16,550
      93,153
      50,508
      31,632
      4,388
      52,599,806
      281,653
      -34,388
      185,041
      32,504
      46,518
      -86,143
      45,381
      15,493
      16,384
      31,024
      16,054
      70,989
      72,253
      -55,021
      19,237
      -90,435
      18,793
      160,285
      17,382
      1,034
      157,298
      43,720
      -2,012
      -114,338
      6,405
      19,242
      225,295
      -15,341
      42,251
      6,257
      -47,138
      94,452
      166,603
      50,646
      129,581
      69,476
      39,836
      41,753
      94,385
      41,077
      491,115
      51,518
      5,903
      -12,857
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 63,588,145
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) 1 905,475
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........................... 3 905,475
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- ..... 5 905,475
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 561,906
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.............. 7 561,906
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 25,648
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 369,217
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
 
No
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)
ID
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.SIMPLOT.COM/COMPANY/FOUNDATION
14
The books are in care ofJ R SIMPLOT COMPANY Telephone no. (208) 336-2110

Located at1099 W FRONT STBOISEID ZIP+483702
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
GAY C SIMPLOT DIRECTOR/PRESIDENT
1.00 		0 0 0
1099 W FRONT STREET
BOISE,ID83702
JOHN EDWARD SIMPLOT DIRECTOR/VICE PRESIDENT
1.00 		0 0 0
1099 W FRONT STREET
BOISE,ID83702
JAMES ALDERMAN SECRETARY
1.00 		0 0 0
1099 W FRONT STREET
BOISE,ID83702
BRENT HOCKLANDER TREASURER
1.00 		0 0 0
1099 W FRONT STREET
BOISE,ID83702
SCOTT R SIMPLOT DIRECTOR
1.00 		0 0 0
1099 W FRONT STREET
BOISE,ID83702
JOHN D SIMPLOT DIRECTOR
1.00 		0 0 0
1099 W FRONT STREET
BOISE,ID83702
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
105,988,731
b
Average of monthly cash balances.......................
1b
1,274,260
c
Fair market value of all other assets (see instructions)................
1c
36,178
d
Total (add lines 1a, 1b, and 1c).......................
1d
107,299,169
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
107,299,169
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,609,488
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
105,689,681
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
5,284,484
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
5,284,484
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
905,475
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
905,475
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,379,009
4
Recoveries of amounts treated as qualifying distributions................
4
3,500
5
Add lines 3 and 4............................
5
4,382,509
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
4,382,509
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
3,792,631
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
3,792,631
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 4,382,509
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 3,571,923
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 3,792,631
a Applied to 2024, but not more than line 2a 3,571,923
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..... 220,708
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		4,161,801
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN RED CROSS SERVING IDAHO AND EAST OREGON

5380 W FRANKLIN RD
BOISE,ID83705 		    DONATION 50,000

BOISE STATE UNIVERSITY FOUNDATION

1910 UNIVERSITY DR
BOISE,ID83725 		    DONATION 0

BOYS & GIRLS CLUBS OF ADA COUNTY

610 E 42ND STREET
GARDEN CITY,ID83714 		    DONATION 250,000

CALDWELL NIGHT RODEO FOUNDATION

PO BOX 98
CALDWELL,ID83606 		    DONATION 250,000

COLLEGE OF IDAHO

2112 CLEVELAND BLVD
CALDWELL,ID83605 		    EDUCATION 250,000

COLLEGE OF WESTERN IDAHO FOUNDATION

PO BOX 3010
NAMPA,ID83653 		    EDUCATION 250,000

IDAHO COMMUNITY FOUNDATION

210 W STATE STREET
BOISE,ID83702 		    DONATION 250,000

IDAHO ZOOLOGICAL SOCIETY

355 JULIA DAVIS DR
BOISE,ID83702 		    DONATION 200,000

NATIONAL LAW ENFORCEMENT FOUNDATION

3521 SILVERADO DR
CARSON CITY,NV89705 		    DONATION 100,000

NORTH DAKOTA STATE UNIVERSITY

PO BOX 5144
FARGO,ND58105 		    EDUCATION 0

THE ART MUSEUM OF EASTERN IDAHO

300 S CAPITAL AVE
IDAHO FALLS,ID83402 		    DONATION 125,000

TREASURE VALLEY FAMILY YMCA

1050 W STATE ST
BOISE,ID83702 		    DONATION 250,000

UNIVERSITY OF IDAHO FOUNDATION

P O BOX 444260
MOSCOW,ID83844 		    EDUCATION 250,000

ALS ASSOCIATION

19717 62ND AVE S D101
KENT,WA98032 		    DONATION 2,500

ALZHEIMERS ASSOCIATION

8324 W NORTHVIEW ST
BOISE,ID83704 		    DONATION 2,500

AMERICAN FARMLAND TRUST

1150 CONNECTICUT AVE NW STE 600
WASHINGTON,DC20036 		    DONATION 25,000

ASSISTANCE LEAGUE OF BOISE

PO BOX 140104
BOISE,ID83714 		    DONATION 2,500

BALLET IDAHO

501 S 8TH ST STE A
BOISE,ID83702 		    DONATION 10,000

BANNOCK COUNTY VETERANS MEMORIAL

300 N JOHNSON AVE
POCATELLO,ID83201 		    DONATION 5,000

BIG BROTHERS BIG SISTERS OF IDAHO

7609 W EMERALD ST
BOISE,ID83704 		    DONATION 7,500

BOISE BICYCLE PROJECT INC

1027 S LUSK
BOISE,ID83706 		    DONATION 5,000

BOYS & GIRLS CLUB OF SOUTHEAST

500 S 11TH AVE
POCATELLO,ID83201 		    DONATION 25,000

BURLEY DISCOVERY MUSEUM

946 BEECHWOOD ST
BURLEY,ID83318 		    DONATION 2,000

CALDWELL FINE ARTS SERIES INC

2112 CLEVELAND BLVD
CALDWELL,ID83605 		    DONATION 3,000

CAMP MAGICAL MOMENTS CANCER CAMP

190 S MILTON AVE
SHELLEY,ID83274 		    DONATION 3,000

CAMP RAINBOW GOLD

1120 S FIVE MILE RD
BOISE,ID83709 		    EDUCATION 400,000

CAMP RIVER RUN INC

P O BOX 44826
BOISE,ID83711 		    DONATION 3,000

CASA MISSISSIPPI INC

P O BOX 23879
JACKSON,MS39225 		    DONATION 3,000

CATCH INC

503 S AMERICANA BLVD
BOISE,ID83702 		    DONATION 5,000

CHILDRENS MUSEUM OF IDAHO INC

790 S PROGRESS AVE
MERIDIAN,ID83642 		    DONATION 2,000

CHILDRENS MUSEUM OF THE MAGIC VALLEY

P O BOX 2139
TWIN FALLS,ID83301 		    EDUCATION 2,000

COLUMBIA BASIN ALLIED ARTS

7662 CHANUTE ST NE
MOSES LAKE,WA98837 		    DONATION 1,000

COMMUNITY FOOD PANTRY OF BUTLER

709 W OHIO
BUTLER,MO64730 		    DONATION 5,000

CORPUS CHRISTI HOUSE INC

525 S AMERICANA BLVD
BOISE,ID83702 		    DONATION 5,000

DISABILITY RIGHTS IDAHO

9542 W BETHEL CT
BOISE,ID83709 		    DONATION 15,000

FACES OF HOPE

PO BOX 2867
BOISE,ID83701 		    DONATION 5,000

FAMILY ADVOCATES

9777 W CHINDEN BLVD
GARDEN CITY,ID83714 		    EDUCATION 3,000

FARMLINK PROJECT

P O BOX 744772
LOS ANGELES,CA90074 		    DONATION 15,000

FOOD BANK OF NORTHEAST LOUISIANA

4600 CENTRAL AVENUE
MONROE,LA71203 		    DONATION 5,000

FOUNDATION FOR IDAHO HISTORY

2205 E OLD PENITENTIARY RD
BOISE,ID83712 		    DONATION 100,000

FOUR RIVERS HEALTHY COMMUNITY

P O BOX 923
ONTARIO,OR97914 		    DONATION 10,000

FRIENDS OF THE CHILDREN - IDAHO

1110 YELLOWSTONE AVE 239
POCATELLO,ID83201 		    DONATION 5,000

GESA POWER HOUSE THEATRE

111 N 6TH AVE
WALLA WALLA,WA99362 		    DONATION 1,500

GIVING THE BASICS INC

927 S 7TH STREET TRAFFIC WAY
KANSAS CITY,KS66105 		    DONATION 2,500

GOOD SAMARITAN HOME

3501 W STATE ST
BOISE,ID83703 		    DONATION 1,000

HENRYS FORK FOUNDATION

801 MAIN ST
ASHTON,ID83420 		    DONATION 5,000

IDAHO BOTANICAL GARDEN

2355 OLD PENITENTIARY RD
BOISE,ID83712 		    DONATION 3,500

IDAHO DIAPER BANK

599 E KING ST STE 150
MERIDIAN,ID83642 		    DONATION 2,000

IDAHO SHAKESPEARE FESTIVAL

PO BOX 9365
BOISE,ID83705 		    EDUCATION 5,000

JESSE TREE

1121 W MILLER ST
BOISE,ID83702 		    DONATION 100,000

KIND CONSERVATORY

412 W CENTER
POCATELLO,ID83204 		    DONATION 2,000

LIFE'S KITCHEN INC

8574 W FAIRVIEW AVE
BOISE,ID83704 		    EDUCATION 5,000

MEDICAL LAKE FOOD BANK

211 S LEFEVRE
MEDICAL LAKE,WA99022 		    DONATION 5,000

MOSES LAKE FOOD BANK

PO BOX 683
MOSES LAKE,WA98837 		    DONATION 7,500

RONALD MCDONALD HOUSE

139 E WARM SPRINGS AVE
BOISE,ID83712 		    DONATION 10,000

SECOND HARVEST FOOD BANK OF MIDDLE TENNESSEE

331 GREAT CIRCLE ROAD
NASHVILLE,TN37228 		    DONATION 5,000

SELWAY BITTERROOT FRANK CHURCH

P O BOX 1886
BOISE,ID83638 		    EDUCATION 2,500

ST ALPHONSUS NAMPA HEALTH FOUN

4300 E FLAMINGO AVE
NAMPA,ID83687 		    DONATION 7,500

TABITHAS WAY LOCAL FOOD PANTRY

50 E 100 N P O BOX 254
SPANISH FORK,UT84660 		    DONATION 5,000

THE MAKE-A-WISH FOUNDATION OF IDAHO

310 W IDAHO ST
BOISE,ID83702 		    DONATION 10,000

UNITED WAY OF TREASURE VALLEY

3100 S VISTA AVE 100
BOISE,ID83705 		    DONATION 494,613

WALLA WALLA SENIOR CITIZENS CE

720 SPRAGUE ST
WALLA WALLA,WA99362 		    DONATION 5,000

WESTERN NATIONAL RANGELAND

4911 LENVILLE RD
MOSCOW,ID83843 		    DONATION 2,500

WESTSIDE PLAYERS INC

P O BOX 116
POCATELLO,ID83204 		    DONATION 2,500

WILDLAND FIREFIGHTER FOUNDATION

2393 W AIRPORT WAY
BOISE,ID83705 		    DONATION 10,000

WOMENS & CHILDRENS ALLIANCE

720 W WASHINGTON
BOISE,ID83702 		    DONATION 10,000

WYOMING ARTS DEVELOPMENT INSTITUTE

483 N WASHINGTON ST
AFTON,WY83110 		    EDUCATION 1,000

APPALACHIAN STATE UNIVERSITY

287 RIVER ST
BOONE,NC28608 		    EDUCATION 1,000

BENEDICTINE COLLEGE

1020 N 2ND STREET
ATCHISON,KS66002 		    EDUCATION 1,000

BOISE STATE UNIVERSITY

1910 UNIVERSITY DR
BOISE,ID83725 		    EDUCATION 10,000

BRIGHAM YOUNG UNIVERSITY

FINANCIAL AID
PROVO,UT84602 		    EDUCATION 8,000

BRIGHAM YOUNG UNIVERSITY IDAHO

FINANCIAL AID OFFICE
REXBURG,ID83460 		    EDUCATION 1,000

CALIFORNIA STATE UNIVERSITY SACRAMENTO

6000 J STREET
SACRAMENTO,CA95819 		    EDUCATION 1,000

CENTRAL WASHINGTON UNIVERSITY

400 E UNIVERSITY WAY
ELLENSBURG,WA98926 		    EDUCATION 1,000

COLLEGE OF IDAHO

2112 CLEVELAND BLVD
CALDWELL,ID83605 		    EDUCATION 2,000

COLLEGE OF WESTERN IDAHO

ATTN FINANCIAL AID OFFICE
NAMPA,ID83653 		    EDUCATION 1,000

COLORADO SCHOOL OF MINES

1301 19TH STREET
GOLDEN,CO80401 		    EDUCATION 1,000

COLORADO STATE UNIVERSITY

ATTN FINANCIAL AID
FORT COLLLINS,CO80523 		    EDUCATION 1,000

EMBRY-RIDDLE AERONAUTICAL UNIV

3700 WILLOW CREEK ROAD
PRESCOTT,AZ86301 		    EDUCATION 1,000

EMPORIA STATE UNIVERSITY

1 KELLOGG CIR
EMPORIA,KS66801 		    EDUCATION 1,000

FRESNO STATE UNIVERSITY

5150 N MAPLE AVE
FRESNO,CA93740 		    EDUCATION 1,000

IDAHO STATE UNIVERSITY

ATTN FINANCIAL AID OFFICE
POCATELLO,ID83209 		    EDUCATION 7,000

IOWA STATE UNIVERSITY

210 BEARDSHEAR HALL
AMES,IA50011 		    EDUCATION 1,000

IVY TECH COMMUNITY COLLEGE OF

3101 SOUTH CREASY LANE
LAYAYETTE,IN47905 		    EDUCATION 1,000

LAKE LAND COLLEGE

5001 LAKE LAND BLVD
MATTOON,IL61938 		    EDUCATION 1,000

LEWIS & CLARK STATE COLLEGE

500 8TH AVE
LEWISTON,ID83501 		    EDUCATION 1,000

LOUISIANA TECH UNIVERSITY

P O BOX 3178
RUSTON,LA71272 		    EDUCATION 1,000

LUBBOCK CHRISTIAN UNIVERSITY

5601 19TH ST
LUBBOCK,TX79407 		    EDUCATION 1,000

LUTHER COLLEGE

MAIN 27
DECORAH,IA52101 		    EDUCATION 1,000

MERCED COLLEGE

3600 M ST
MERCED,CA95348 		    EDUCATION 1,000

MISSISSIPPI DELTA COMMUNITY CO

P O BOX 5316
MISSISSIPPI STATE,MS39762 		    EDUCATION 2,000

MISSISSIPPI STATE UNIVERSITY

PO BOX 9811
MISSISSIPPI,MS39762 		    EDUCATION 1,000

NORTH CAROLINA STATE UNIVERSIT

2016 HARRIS HALL
RALEIGH,NC27695 		    EDUCATION 1,000

NORTH DAKOTA STATE UNIVERSITY

PO BOX 5144
FARGO,ND58105 		    EDUCATION 1,000

NORTHEAST COMMUNITY COLLEGE

801 E BENJAMIN AVE
NORFOLK,NE68701 		    EDUCATION 1,000

NORTHWESTERN UNIVERSITY

PO BOX 3060
EVANSTON,IL60204 		    EDUCATION 1,000

OKLAHOMA STATE UNIVERSITY

219 STUDEN UNION
STILLWATER,OK74078 		    EDUCATION 1,000

PURDUE UNIVERSITY

STEWART CENTER ROOM 116
WEST LAFAYETTE,IN47907 		    EDUCATION 2,000

SAN DIEGO STATE UNIVERSITY

5500 CAMPANILE DR
SAN DIEGO,CA92182 		    EDUCATION 2,000

SOUTHERN METHODIST UNIVERSITY

LAURA LEE BLANTON BUILDING
DALLAS,TX752750181 		    EDUCATION 1,000

SUL ROSS STATE UNIVERSITY

P O BOX C-2
ALPINE,TX79832 		    EDUCATION 1,000

TIDEWATER COMMUNITY COLLEGE

300 GRANDBY ST
NORFOLK,VA23510 		    EDUCATION 1,000

UC REGENTS

405 HILGARD AVE
LOS ANGELES,CA90095 		    EDUCATION 1,000

UNIVERSITY OF ARIZONA

P O BOX 210066
TUCSON,AZ85721 		    EDUCATION 1,000

UNIVERSITY OF ARKANSAS

640 N GARLAND AVE
FAYETTEVILLE,AR72701 		    EDUCATION 1,000

UNIVERSITY OF CENTRAL FLORIDA

P O BOX 160113
ORLANDO,FL32816 		    EDUCATION 1,000

UNIVERSITY OF COLORADO DENVER

P O BOX 173364
DENVER,CO80204 		    EDUCATION 1,000

UNIVERSITY OF FLORIDA

P O BOX 114025
GAINESVILLE,FL32611 		    EDUCATION 1,000

UNIVERSITY OF IDAHO

FINANCIAL AID
MOSCOW,ID83844 		    EDUCATION 5,000

UNIVERSITY OF ILLINOIS URBANA

207 ADMINISTRATION BLDG
URBANA,IL61801 		    EDUCATION 1,000

UNIVERSITY OF NEBRASKA KEARNEY

MEMORIAL STUDEN AFFAIRS BLDJ RM 162
KEARNEY,NE68849 		    EDUCATION 1,000

UNIVERSITY OF NEVADA LAS VEGAS

4505 S MARYLAND PKWY
LAS VEGAS,NV89154 		    EDUCATION 1,000

UNIVERSITY OF NORTH DAKOTA

STUDENT FINANCIAL AID
GRAND FORKS,ND58202 		    EDUCATION 2,000

UNIVERSITY OF OKLAHOMA

1000 ASP AVENUE
NORMAN,OK73019 		    EDUCATION 1,000

UNIVERSITY OF SOUTH DAKOTA

414 E CLARK STREET
VERMILLION,SD57069 		    EDUCATION 1,000

UNIVERSITY OF TENNESSEE KNOXVI

1331 CIRCLE PARK DRIVE
KNOXVILLE,TN37996 		    EDUCATION 1,000

UNIVERSITY OF TEXAS AT AUSTIN

1616 GUADALUPE
AUSTIN,TX78701 		    EDUCATION 1,000

UNIVERSITY OF UTAH

201 S 1460 E RM 105
SALT LAKE CITY,UT84108 		    EDUCATION 2,000

UNIVERSITY OF VERMONT

ATTN STUDENT FINANCIAL SERVICES
BURLINGTON,VT05401 		    EDUCATION 1,000

UNIVERSITY OF WISCONSIN - WHIT

800 W MAIN ST
WHITEWATER,WI53190 		    EDUCATION 1,000

UNIVERSITY OF WYOMING

FINANCIAL AID
LARAMIE,WY82071 		    EDUCATION 1,000

UTAH STATE UNIVERSITY

FINANCIAL AID OFFICE
LOGAN,UT84322 		    EDUCATION 1,000

UTAH TECH UNIVERSITY

225 S UNIVERSITY AVE
ST GEORGE,UT84770 		    EDUCATION 1,000

VANDERBILT UNIVERSITY

2201 WEST END AVE
NASHVILLE,TN37235 		    EDUCATION 1,000

WASHINGTON STATE UNIVERSITY

342 FRENCH ADMIN BUILDING
PULLMAN,WA99164 		    EDUCATION 2,000

WAYNE STATE COLLEGE

1111 MAIN ST
WAYNE,NE68787 		    EDUCATION 1,000

WEST TEXAS A&M UNIVERSITY

OLD MAIN ROOM 108
CANYON,TX79016 		    EDUCATION 1,000

WESTERN GOVERNORS UNIVERSITY

4001 S 700 E
SALT LAKE CITY,UT84107 		    EDUCATION 500

WESTERN WYOMING COMMUNITY COLL

2500 COLLEGE DR
ROCK SPRINGS,WY82901 		    EDUCATION 1,000

WHEATON COLLEGE

STUDENT SERVICES BUILDING
WHEATON,IL60187 		    EDUCATION 2,000

WICHITA STATE UNIVERSITY

1845 FAIRMOUNT ST
WICHITA,KS67260 		    EDUCATION 1,000

UNIVERSITY OF MANITOBA FOUNDATION

REVENUE CAPITAL GENERAL ACCTG
WINNIPEG,MANITOBA  
CA 		    EDUCATION 39,200

UNITED WAY BRANDON & DISTRICT

201 - 1011 ROSSER AVE
BRANDON,MANITOBA  
CA 		    EDUCATION 4,000

MCMASTER UNIVERSITY

1280 MAIN ST W
HAMILTON,ONTARIO  
CA 		    EDUCATION 1,000

UNIVERSITY OF MANITOBA

138 UNIVERSITY CTR
WINNIPEG,MANITOBA  
CA 		    EDUCATION 1,000

UNIVERSITY OF TORONTO SCARBORO

1265 MILITARY TRAIL
SCARBOROUGH,ONTARIO  
CA 		    EDUCATION 1,000
Total ................................. 3a 3,751,313
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 ........... 		    14 240,620  
4 Dividends and interest from securities ....     14 1,527,852  
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 63,588,145  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a2024 INCOME TAX REFUND 		      73  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 65,356,690 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
65,356,690
(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:
SIMPLOT COMPANY FOUNDATION INC
EIN:
82-0522113
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 41,157 0   41,198

TY 2025 InvestmentsCorpBondsSchedule
Name:
SIMPLOT COMPANY FOUNDATION INC
EIN:
82-0522113
Name of Bond End of Year Book Value End of Year Fair Market Value
ISHARES CORE US AGGREGATE BOND AGG 3,633,481 3,633,481
MFO VANGUARD CHARLOTTE FDS TOTAL INTL BDINDEX FD ADMIRAL CL 1,444,305 1,444,305
MFC ISHARES TR BROAD USD HIGH YIELD CORPORATE BD ETF 7,313,182 7,313,182

TY 2025 InvestmentsCorpStockSchedule
Name:
SIMPLOT COMPANY FOUNDATION INC
EIN:
82-0522113
Name of Stock End of Year Book Value End of Year Fair Market Value
MICRON TECHNOLOGY 44,763,800 44,763,800
ISHARES TR RUSSELL 2000 INDEX 1,249,672 1,249,672
ISHARES TR RUSSELL MIDCAP IND 1,932,057 1,932,057
ISHARES TR S&P INDEX 28,029,241 28,029,241
MFC VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING MKTS ETF 9,356,271 9,356,271
MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX FD 2,814,870 2,814,870
MFC DIMENSIONAL ETF TR INTL CORE ETF 5,486,230 5,486,230
VANGUARD FTSE DEVELOPED MARKETS ETF 16,214,226 16,214,226
MFC FLEXSHARES US QUALITY LARGE CAP INDEX FUND 13,199,661 13,199,661
MFC ISHARES TR GLOBAL INFRASTRUCTURE ETFINDEX FD 2,173,547 2,173,547
MFC ISHARES TRUST ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF 1,955,196 1,955,196
MFO DFA INVT DIMENSIONS GROUP INC REAL ESTATE SECS PORTFOLIO 2,894,464 2,894,464

TY 2025 OtherExpensesSchedule
Name:
SIMPLOT COMPANY FOUNDATION INC
EIN:
82-0522113
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 1,660 1,659   0
OFFICE SUPPLIES 120 0   120


TY 2025 OtherIncomeSchedule2
Name:
SIMPLOT COMPANY FOUNDATION INC
EIN:
82-0522113
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
2024 INCOME TAX REFUND 73   73


TY 2025 OtherIncreasesSchedule
Name:
SIMPLOT COMPANY FOUNDATION INC
EIN:
82-0522113
Description Amount
UNREALIZED GAIN ON INVESTMENTS 12,963,753
PRIOR YEAR ACCRUED CONTRIBUTIONS PAID IN CURRENT YEAR 2,264,200
PRIOR YEAR CONTRIBUTION REFUNDED 3,500


TY 2025 OtherProfessionalFeesSchedule
Name:
SIMPLOT COMPANY FOUNDATION INC
EIN:
82-0522113
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 212,874 212,874   0


TY 2025 TaxesSchedule
Name:
SIMPLOT COMPANY FOUNDATION INC
EIN:
82-0522113
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ESTIMATED TAXES 895,000 0   0