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
FRANK & PEARL GELBMAN CHARITABLE FDN
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 1558 DEPT EA5W86
  Room/suite
City or town
COLUMBUS
State or province
OH
Country  
ZIP or foreign postal code
43216
A Employer identification number

20-6609204
B Telephone number (see instructions)

3307427021
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)$14,558,440J 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... 271,131 271,131  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 504,269
b Gross sales price for all assets on line 6a 4,608,281
7 Capital gain net income (from Part IV, line 2)... 504,269
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
16 16  
12 Total. Add lines 1 through 11........ 775,416 775,416  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 116,137 58,068   58,068
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 0 0 1,250
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
11,852 4,043   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
200     200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 129,439 62,111 0 59,518
25 Contributions, gifts, grants paid....... 617,500 617,500
26 Total expenses and disbursements. Add lines 24 and 25 ................ 746,939 62,111 0 677,018
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 28,477
b Net investment income (if negative, enter -0-) 713,305
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......... 252,386 26,824 26,824
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)....... 8,170,347 Click to see attachment
List of Attached Documents:
// Content
8,367,636 		12,688,960
c Investments—corporate bonds (attach schedule)....... 1,767,982 Click to see attachment
List of Attached Documents:
// Content
1,829,216 		1,842,656
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) 10,190,715 10,223,676 14,558,440
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........... 10,190,715 10,223,676
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 10,190,715 10,223,676
30 Total liabilities and net assets/fund balances (see instructions). 10,190,715 10,223,676
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
10,190,715
2
Enter amount from Part I, line 27a .....................
2
28,477
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
6,772
4
Add lines 1, 2, and 3 ..........................
4
10,225,964
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
2,288
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
10,223,676
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 50000. PRAXAIR INC   2023-07-31 2025-01-08
b 50000. LAM RESH CORP   2023-07-28 2025-02-06
c 50000. PFIZER INVT ENTERPRISES PTE LTD   2023-05-17 2025-02-06
d 40. ADVANCED MICRO DEVICES INC W/1     2025-02-14
e 901. ADVANCED MICRO DEVICES INC W/1   2023-07-17 2025-02-14
451. ALPHABET INC     2025-02-14
1. AMERICAN ELECTRIC POWER CO INC   2022-05-19 2025-02-14
1. APPLE COMPUTER   2023-12-21 2025-02-14
1. ATMOS ENERGY CORP   2023-05-31 2025-02-14
1. BOSTON SCIENTIFIC CORP   2023-12-21 2025-02-14
1. BROADCOM INC   2023-12-21 2025-02-14
32.09 CULLEN FDS TR   2024-07-19 2025-02-14
10.05 DRIEHAUS MUT FDS   2024-07-19 2025-02-14
1. EOG RESOURCES INC   2022-05-19 2025-02-14
1. ELECTRONIC ARTS INC   2024-08-15 2025-02-14
1. EMERSON ELECTRIC CO   2022-11-10 2025-02-14
1. EXXON MOBIL CORP COM   2023-09-28 2025-02-14
1. FACEBOOK INC CL-A   2023-05-31 2025-02-14
23.43 FIRST EAGLE FDS   2023-12-21 2025-02-14
1. FISERV INC   2023-04-11 2025-02-14
1. GENERAL ELEC CO   2023-12-21 2025-02-14
2. INTEL CORP.   2024-11-22 2025-02-14
6. LOCKHEED MARTIN (COMMON STOCK)   2024-08-15 2025-02-14
146. LOCKHEED MARTIN (COMMON STOCK)     2025-02-14
1. M & T BANK CORP   2018-05-21 2025-02-14
203. MICROSOFT CORP   2022-02-18 2025-02-14
1. NETFLIX INC   2023-12-21 2025-02-14
639. NVIDIA CORP   2020-01-24 2025-02-14
1. PROCTER & GAMBLE CO   2022-02-18 2025-02-14
1. RTX CORP   2024-08-15 2025-02-14
1. SALESFORCE INC   2024-11-22 2025-02-14
1. SHERWIN WILLIAMS CO   2024-08-15 2025-02-14
1. US BANCORP DEL NEW   2023-12-21 2025-02-14
1. VALERO ENERGY   2011-08-03 2025-02-14
2634. VERIZON COMMUNICATIONS     2025-02-14
2068.25 VICTORY PORTFOLIOS     2025-02-14
10619.18 VICTORY PORTFOLIOS     2025-02-14
1. WAL-MART STORES, INC.   2023-12-21 2025-02-14
22. ZOETIS INC     2025-02-14
509. ZOETIS INC   2023-11-17 2025-02-14
1. CHUBB LTD   2010-12-22 2025-02-14
50000. US TREASURY N/B 4.125% 06/15/2026   2023-08-18 2025-03-06
50000. US TREASURY N/B 4.125% 06/15/2026   2023-08-18 2025-03-25
180. AMAZON.COM INC   2018-02-12 2025-04-21
3442.46 DRIEHAUS MUT FDS   2024-07-19 2025-04-21
411. FIDELITY COVINGTON TR   2025-02-14 2025-04-21
1650.97 FIRST EAGLE FDS     2025-04-21
107. ELI LILLY & CO     2025-04-21
43. M & T BANK CORP   2024-11-22 2025-04-21
429. M & T BANK CORP     2025-04-21
18. ACCENTURE PLC     2025-04-21
391. ACCENTURE PLC     2025-04-21
50000. US TREASURY N/B 4.125% 06/15/2026   2023-08-18 2025-04-23
100000. US TREASURY N/B 4.125% 06/15/2026   2023-10-04 2025-05-12
50000. BANK AMER CORP   2023-06-08 2025-06-05
50000. TORONTO DOMINION BK SR MEDIUM TERM BK NT   2023-07-27 2025-06-30
100000. BANK MONTREAL QUE   2023-09-07 2025-07-08
1. ABBVIE INC   2025-02-14 2025-07-18
1. ALPHABET INC   2024-04-25 2025-07-18
2. AMAZON.COM INC   2024-06-18 2025-07-18
1. AMERICAN ELECTRIC POWER CO INC   2022-05-19 2025-07-18
1. APPLE COMPUTER   2020-03-26 2025-07-18
2. BOSTON SCIENTIFIC CORP   2024-04-25 2025-07-18
1. BROADCOM INC   2024-03-01 2025-07-18
27.59 COHEN & STEERS REAL ESTATE SECS FD   2024-11-22 2025-07-18
11. CROWDSTRIKE HLDGS INC   2025-04-21 2025-07-18
181. CROWDSTRIKE HLDGS INC     2025-07-18
24.93 CULLEN FDS TR   2024-07-19 2025-07-18
1. DIGITAL REALTY TRUST (REIT)   2024-11-22 2025-07-18
10800.41 DRIEHAUS MUT FDS     2025-07-18
39. EOG RESOURCES INC     2025-07-18
598. EOG RESOURCES INC     2025-07-18
1. EQT CORP   2025-02-14 2025-07-18
1. EMERSON ELECTRIC CO   2022-11-10 2025-07-18
1. EXXON MOBIL CORP COM   2024-04-25 2025-07-18
13. FIDELITY COVINGTON TR   2025-02-14 2025-07-18
31.75 FIRST EAGLE FDS   2024-04-25 2025-07-18
1. GENERAL ELEC CO   2024-04-25 2025-07-18
3. INTEL CORP.   2024-11-22 2025-07-18
1. INTUITIVE SURGICAL INC   2024-04-25 2025-07-18
2. NVIDIA CORP     2025-07-18
1. ORACLE CORP   2024-06-18 2025-07-18
1. PALO ALTO NETWORKS INC   2024-03-01 2025-07-18
287. PROCTER & GAMBLE CO     2025-07-18
616. PROCTER & GAMBLE CO     2025-07-18
1. QUALCOMM INC   2024-08-15 2025-07-18
1. RTX CORP   2024-04-25 2025-07-18
1. SALESFORCE INC   2024-11-22 2025-07-18
1. TJX COMPANIES INC W/1 RT/SH   2023-09-28 2025-07-18
31. T-MOBILE US INC     2025-07-18
532. T-MOBILE US INC     2025-07-18
6. THERMO ELECTRON CORP W/1 RT/SH     2025-07-18
127. THERMO ELECTRON CORP W/1 RT/SH     2025-07-18
2. US BANCORP DEL NEW   2023-12-21 2025-07-18
59. VALERO ENERGY     2025-07-18
892. VALERO ENERGY     2025-07-18
2. WAL-MART STORES, INC.   2023-12-21 2025-07-18
1. LINDE PLC   2023-11-17 2025-07-18
6. ABBVIE INC   2025-02-14 2025-08-22
13. ADVANCED MICRO DEVICES INC W/1   2025-07-18 2025-08-22
13. ALPHABET INC   2024-08-15 2025-08-22
19. AMAZON.COM INC   2024-06-18 2025-08-22
21. AMERICAN ELECTRIC POWER CO INC   2022-05-19 2025-08-22
5. AMERICAN TOWER CORP -CL A (REIT)     2025-08-22
7. ANALOG DEVICES   2024-08-15 2025-08-22
15. APPLE COMPUTER   2024-08-15 2025-08-22
10. ARISTA NETWORKS INC   2025-02-14 2025-08-22
8. ATMOS ENERGY CORP   2024-08-15 2025-08-22
5. BERKSHIRE HATHAWAY INC DEL   2024-08-15 2025-08-22
30. BOSTON SCIENTIFIC CORP   2024-08-15 2025-08-22
17. BROADCOM INC   2024-08-15 2025-08-22
222.02 COHEN & STEERS REAL ESTATE SECS FD   2024-11-22 2025-08-22
3. COSTCO WHOLESALE CORP   2024-08-15 2025-08-22
2. CROWDSTRIKE HLDGS INC   2025-04-21 2025-08-22
623.97 CULLEN FDS TR     2025-08-22
5. DIGITAL REALTY TRUST (REIT)   2024-11-22 2025-08-22
26. EQT CORP   2025-02-14 2025-08-22
15. ELECTRONIC ARTS INC   2024-08-15 2025-08-22
13. EMERSON ELECTRIC CO   2024-08-15 2025-08-22
15. EXXON MOBIL CORP COM     2025-08-22
7. FACEBOOK INC CL-A   2024-08-15 2025-08-22
214. FIDELITY COVINGTON TR   2025-02-14 2025-08-22
417.56 FIRST EAGLE FDS   2024-08-15 2025-08-22
9. FISERV INC   2024-08-15 2025-08-22
12. GENERAL ELEC CO   2024-08-15 2025-08-22
3. GOLDMAN SACHS GROUP INC   2025-07-18 2025-08-22
48. INTEL CORP.   2024-11-22 2025-08-22
4. INTUITIVE SURGICAL INC   2024-08-15 2025-08-22
9. J P MORGAN CHASE & CO   2024-07-19 2025-08-22
2. ELI LILLY & CO   2024-08-15 2025-08-22
9. M & T BANK CORP   2024-04-25 2025-08-22
38.82 HOOD RIVER SMALL CAPGROWTH FUND HOOD RIV   2025-07-18 2025-08-22
13. MICROSOFT CORP   2024-08-15 2025-08-22
3. NETFLIX INC   2024-08-15 2025-08-22
32. NVIDIA CORP   2024-08-15 2025-08-22
23. O REILLY AUTOMOTIVE INC NEW   2024-06-18 2025-08-22
10. ORACLE CORP   2024-06-18 2025-08-22
11. PALANTIR TECHNOLOGIES INC   2025-07-18 2025-08-22
12. PALO ALTO NETWORKS INC   2024-08-15 2025-08-22
5. QUALCOMM INC   2024-08-15 2025-08-22
16. RTX CORP   2024-08-15 2025-08-22
5. ROCKWELL INTL CORP NEW   2023-02-07 2025-08-22
5. SALESFORCE INC   2024-11-22 2025-08-22
2. SERVICENOW INC   2024-08-15 2025-08-22
4. SHERWIN WILLIAMS CO   2024-08-15 2025-08-22
8. SNOWFLAKE INC   2025-02-14 2025-08-22
5. STRYKER CORP   2024-03-01 2025-08-22
13. TJX COMPANIES INC W/1 RT/SH   2024-08-15 2025-08-22
7. TAIWAN SEMICONDUCTER MFG LTD ADR   2025-07-18 2025-08-22
28. US BANCORP DEL NEW   2024-08-15 2025-08-22
4. ULTA BEAUTY INC   2025-07-18 2025-08-22
5. VISA INC   2024-08-15 2025-08-22
18. WAL-MART STORES, INC.   2024-08-15 2025-08-22
2. LINDE PLC   2024-08-15 2025-08-22
8. CHUBB LTD   2024-08-15 2025-08-22
75000. US TREASURY N/B 4.625% 10/15/2026   2024-01-05 2025-08-28
5.35 COHEN & STEERS REAL ESTATE SECS FD   2024-11-22 2025-09-11
23841.93 CULLEN FDS TR   2024-07-19 2025-09-11
1. DIGITAL REALTY TRUST (REIT)   2024-11-22 2025-09-11
2033. EQT CORP     2025-09-11
32. ELECTRONIC ARTS INC   2025-04-21 2025-09-11
1123. ELECTRONIC ARTS INC     2025-09-11
2. FIDELITY COVINGTON TR   2025-02-14 2025-09-11
1. NVIDIA CORP   2024-08-15 2025-09-11
1. O REILLY AUTOMOTIVE INC NEW   2024-06-18 2025-09-11
1. QUALCOMM INC   2024-08-15 2025-09-11
412. SALESFORCE INC     2025-09-11
7. SHERWIN WILLIAMS CO   2025-04-21 2025-09-11
248. SHERWIN WILLIAMS CO     2025-09-11
1. TJX COMPANIES INC W/1 RT/SH   2024-08-15 2025-09-11
1. US BANCORP DEL NEW   2024-08-15 2025-09-11
1. WAL-MART STORES, INC.   2024-08-15 2025-09-11
50000. US TREASURY N/B 4.625% 10/15/2026   2023-10-30 2025-09-24
50000. US TREASURY N/B 4.625% 11/15/2026   2023-11-30 2025-10-07
25000. US TREASURY N/B 4.375% 12/15/2026   2024-01-30 2025-10-29
50000. INTUIT INC   2024-01-02 2025-11-28
25000. US TREASURY N/B 4.375% 12/15/2026   2024-01-30 2025-11-28
50000. BRISTOL MYERS SQUIBB CO   2024-02-22 2025-12-02
3. ABBVIE INC   2025-02-14 2025-12-16
7. ADVANCED MICRO DEVICES INC W/1   2025-07-18 2025-12-16
13. ALPHABET INC   2024-08-15 2025-12-16
11. AMAZON.COM INC   2024-06-18 2025-12-16
11. AMERICAN ELECTRIC POWER CO INC   2022-05-19 2025-12-16
3. AMERICAN TOWER CORP -CL A (REIT)   2024-08-15 2025-12-16
4. ANALOG DEVICES   2024-08-15 2025-12-16
8. APPLE COMPUTER   2024-08-15 2025-12-16
6. ARISTA NETWORKS INC   2025-02-14 2025-12-16
5. ATMOS ENERGY CORP   2024-08-15 2025-12-16
2. BERKSHIRE HATHAWAY INC DEL   2024-08-15 2025-12-16
17. BOSTON SCIENTIFIC CORP   2024-08-15 2025-12-16
9. BROADCOM INC   2024-08-15 2025-12-16
126.35 COHEN & STEERS REAL ESTATE SECS FD   2024-11-22 2025-12-16
10. CORNING INC. ++ (FORMERLY CORNING G LASS WORKS)   2025-09-11 2025-12-16
1. COSTCO WHOLESALE CORP   2024-08-15 2025-12-16
1. CROWDSTRIKE HLDGS INC   2025-04-21 2025-12-16
341.28 CULLEN FDS TR   2024-07-19 2025-12-16
3. DIGITAL REALTY TRUST (REIT)   2024-11-22 2025-12-16
8. EMERSON ELECTRIC CO   2024-08-15 2025-12-16
9. EXXON MOBIL CORP COM   2023-09-28 2025-12-16
3. FACEBOOK INC CL-A   2024-08-15 2025-12-16
119. FIDELITY COVINGTON TR   2025-02-14 2025-12-16
227.21 FIRST EAGLE FDS   2024-08-15 2025-12-16
5. FISERV INC   2024-11-22 2025-12-16
7. GENERAL ELEC CO   2024-08-15 2025-12-16
2. GOLDMAN SACHS GROUP INC   2025-07-18 2025-12-16
27. INTEL CORP.   2024-11-22 2025-12-16
3. INTUITIVE SURGICAL INC   2024-08-15 2025-12-16
7. J P MORGAN CHASE & CO   2024-11-22 2025-12-16
1. ELI LILLY & CO   2024-08-15 2025-12-16
5. M & T BANK CORP   2024-11-22 2025-12-16
6. MICROSOFT CORP   2024-08-15 2025-12-16
17. NETFLIX INC   2024-08-15 2025-12-16
17. NVIDIA CORP   2024-08-15 2025-12-16
13. O REILLY AUTOMOTIVE INC NEW   2024-06-18 2025-12-16
6. ORACLE CORP   2024-06-18 2025-12-16
6. PALANTIR TECHNOLOGIES INC   2025-07-18 2025-12-16
7. PALO ALTO NETWORKS INC   2024-08-15 2025-12-16
3. QUALCOMM INC   2024-08-15 2025-12-16
10. RTX CORP   2024-08-15 2025-12-16
2. ROCKWELL INTL CORP NEW   2023-02-07 2025-12-16
20. SCHLUMBERGER LTD.   2025-09-11 2025-12-16
2. SERVICENOW INC   2024-08-15 2025-12-16
4. SNOWFLAKE INC   2025-02-14 2025-12-16
3. STRYKER CORP   2024-03-01 2025-12-16
7. TJX COMPANIES INC W/1 RT/SH   2024-08-15 2025-12-16
4. TAIWAN SEMICONDUCTER MFG LTD ADR   2025-07-18 2025-12-16
15. US BANCORP DEL NEW   2024-11-22 2025-12-16
2. ULTA BEAUTY INC   2025-07-18 2025-12-16
2. VISA INC   2024-08-15 2025-12-16
10. WAL-MART STORES, INC.   2024-08-15 2025-12-16
2. LINDE PLC   2024-08-15 2025-12-16
4. CHUBB LTD   2024-08-15 2025-12-16
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    
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 49,299   48,173 1,126
b 49,627   48,657 970
c 49,987   50,015 -28
d 4,533   5,875 -1,342
e 102,098   103,056 -958
83,593   46,690 36,903
102   102  
245   197 48
149   116 33
106   55 51
233   112 121
414   426 -12
234   223 11
131   123 8
131   147 -16
125   92 33
110   120 -10
730   262 468
616   576 40
231   115 116
208   99 109
47   49 -2
2,562   3,370 -808
62,342   62,112 230
199   182 17
82,534   58,328 24,206
1,045   491 554
87,996   4,081 83,915
163   160 3
124   118 6
325   338 -13
363   357 6
48   43 5
133   21 112
108,230   106,852 1,378
97,849   102,841 -4,992
502,393   511,809 -9,416
104   51 53
3,478   3,984 -506
80,472   89,551 -9,079
267   62 205
50,045   49,297 748
50,027   49,297 730
29,848   12,371 17,477
62,240   76,285 -14,045
11,851   14,118 -2,267
45,203   39,741 5,462
86,785   32,299 54,486
6,702   9,424 -2,722
66,863   74,127 -7,264
4,996   5,804 -808
108,532   82,659 25,873
50,066   49,297 769
100,020   97,953 2,067
49,535   48,228 1,307
50,591   50,133 458
100,720   99,336 1,384
191   195 -4
186   152 34
450   367 83
106   102 4
211   63 148
208   146 62
287   135 152
494   516 -22
5,160   3,925 1,235
84,910   70,453 14,457
359   331 28
177   190 -13
243,873   239,257 4,616
4,609   4,693 -84
70,669   73,697 -3,028
58   53 5
144   92 52
110   121 -11
450   447 3
934   813 121
266   158 108
70   73 -3
516   372 144
347   212 135
248   144 104
196   152 44
44,553   48,830 -4,277
95,626   95,436 190
154   174 -20
152   101 51
260   338 -78
122   89 33
7,057   6,612 445
121,101   75,366 45,735
2,530   3,479 -949
53,542   72,732 -19,190
90   86 4
8,693   7,948 745
131,431   19,249 112,182
189   103 86
462   409 53
1,259   1,170 89
2,175   2,069 106
2,687   2,096 591
4,347   3,490 857
2,389   2,136 253
1,055   1,099 -44
1,772   1,566 206
3,422   3,376 46
1,328   1,077 251
1,345   1,033 312
2,441   2,212 229
3,182   2,323 859
5,010   2,815 2,195
3,992   4,154 -162
2,866   2,618 248
839   714 125
9,135   8,171 964
835   949 -114
1,352   1,389 -37
2,573   2,203 370
1,743   1,366 377
1,667   1,803 -136
5,274   3,771 1,503
7,663   7,351 312
12,865   11,387 1,478
1,250   1,488 -238
3,200   2,042 1,158
2,224   2,119 105
1,201   1,173 28
1,906   1,908 -2
2,663   1,910 753
1,421   1,852 -431
1,799   1,319 480
3,097   2,916 181
6,598   5,461 1,137
3,606   1,991 1,615
5,691   3,921 1,770
2,352   1,740 612
2,364   1,435 929
1,748   1,689 59
2,230   2,066 164
793   869 -76
2,500   1,888 612
1,754   1,440 314
1,242   1,691 -449
1,770   1,664 106
1,495   1,428 67
1,578   1,488 90
1,971   1,757 214
1,770   1,445 325
1,636   1,682 -46
1,351   1,210 141
2,126   1,972 154
1,750   1,329 421
1,745   1,320 425
961   912 49
2,221   2,190 31
75,653   75,826 -173
96   100 -4
364,543   311,852 52,691
175   190 -15
103,440   108,488 -5,048
5,424   4,552 872
190,331   164,734 25,597
72   69 3
178   123 55
106   76 30
159   174 -15
101,333   138,807 -37,474
2,526   2,259 267
89,484   74,572 14,912
140   111 29
49   43 6
101   73 28
50,486   49,660 826
50,510   50,230 280
25,208   25,139 69
50,502   50,990 -488
25,191   25,139 52
50,681   49,963 718
670   585 85
1,459   1,114 345
3,971   2,096 1,875
2,447   2,021 426
1,255   1,119 136
537   656 -119
1,114   895 219
2,196   1,800 396
757   646 111
842   646 196
1,003   885 118
1,572   1,316 256
3,094   1,490 1,604
2,183   2,364 -181
863   764 99
856   873 -17
488   357 131
5,392   4,464 928
451   569 -118
1,073   841 232
1,033   1,080 -47
1,973   1,616 357
4,315   4,088 227
7,007   6,196 811
337   1,096 -759
2,089   1,191 898
1,763   1,413 350
1,005   660 345
1,652   1,431 221
2,213   1,732 481
1,047   926 121
1,021   1,096 -75
2,861   2,521 340
1,601   1,128 473
3,009   2,083 926
1,212   984 228
1,134   861 273
1,123   921 202
1,313   1,205 108
525   521 4
1,800   1,180 620
800   576 224
752   726 26
1,561   1,664 -103
880   744 136
1,056   1,054 2
1,088   778 310
1,143   961 182
802   787 15
1,182   986 196
689   532 157
1,154   733 421
845   912 -67
1,248   1,095 153
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
      54,417
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       1,126
b       970
c       -28
d       -1,342
e       -958
      36,903
       
      48
      33
      51
      121
      -12
      11
      8
      -16
      33
      -10
      468
      40
      116
      109
      -2
      -808
      230
      17
      24,206
      554
      83,915
      3
      6
      -13
      6
      5
      112
      1,378
      -4,992
      -9,416
      53
      -506
      -9,079
      205
      748
      730
      17,477
      -14,045
      -2,267
      5,462
      54,486
      -2,722
      -7,264
      -808
      25,873
      769
      2,067
      1,307
      458
      1,384
      -4
      34
      83
      4
      148
      62
      152
      -22
      1,235
      14,457
      28
      -13
      4,616
      -84
      -3,028
      5
      52
      -11
      3
      121
      108
      -3
      144
      135
      104
      44
      -4,277
      190
      -20
      51
      -78
      33
      445
      45,735
      -949
      -19,190
      4
      745
      112,182
      86
      53
      89
      106
      591
      857
      253
      -44
      206
      46
      251
      312
      229
      859
      2,195
      -162
      248
      125
      964
      -114
      -37
      370
      377
      -136
      1,503
      312
      1,478
      -238
      1,158
      105
      28
      -2
      753
      -431
      480
      181
      1,137
      1,615
      1,770
      612
      929
      59
      164
      -76
      612
      314
      -449
      106
      67
      90
      214
      325
      -46
      141
      154
      421
      425
      49
      31
      -173
      -4
      52,691
      -15
      -5,048
      872
      25,597
      3
      55
      30
      -15
      -37,474
      267
      14,912
      29
      6
      28
      826
      280
      69
      -488
      52
      718
      85
      345
      1,875
      426
      136
      -119
      219
      396
      111
      196
      118
      256
      1,604
      -181
      99
      -17
      131
      928
      -118
      232
      -47
      357
      227
      811
      -759
      898
      350
      345
      221
      481
      121
      -75
      340
      473
      926
      228
      273
      202
      108
      4
      620
      224
      26
      -103
      136
      2
      310
      182
      15
      196
      157
      421
      -67
      153
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 504,269
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 9,915
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 9,915
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 9,915
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 10,040
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 10,040
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 125
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax125 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)
OH
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 .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
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 ofHUNTINGTON NATIONAL BANK Telephone no. (330) 742-7021

Located atPO BOX 1558 DEPT EA5W86COLUMBUSOH ZIP+443216
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
HUNTINGTON NATIONAL BANK TRUSTEE
1 		116,137    
PO BOX 1558 DEPT EA5W86
COLUMBUS,OH43216
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
13,733,686
b
Average of monthly cash balances.......................
1b
160,270
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
13,893,956
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
13,893,956
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
208,409
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,685,547
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
684,277
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
684,277
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
9,915
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,915
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
674,362
4
Recoveries of amounts treated as qualifying distributions................
4
5,000
5
Add lines 3 and 4............................
5
679,362
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
679,362
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
677,018
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
677,018
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 7 679,362
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...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 120,136
e From 2024...... 27,770
f Total of lines 3a through e ........ 147,906
4Qualifying distributions for 2025 from Part
XI, line 4: $ 677,018
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..... 677,018
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 2,344 2,344
(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 5 145,562
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) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		145,562
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 117,792
d Excess from 2024 .... 27,770
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).)
NONE
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.
NONE
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

UNITED WAY WORLDWIDE

701 N FAIRFAX ST
ALEXANDRIA,VA22314 		NONE   GENERAL OPERATING 150,000

OPERA WESTERN RESERVE

1000 FIFTH AVE
YOUNGSTOWN,OH44504 		NONE   GENERAL OPERATING 10,000

GOODWILL INDUSTRIES OF AKRON INC

570 E WATERLOO RD
AKRON,OH44319 		NONE   GENERAL OPERATING 15,000

YOUNGSTOWN JEWISH FEDERATION

505 GYPSY LN
YOUNGSTOWN,OH44504 		NONE   GENERAL OPERATING 1,000

BUTLER INSTITUTE OF AMERICAN ART

524 WICK AVE
YOUNGSTOWN,OH445021213 		NONE   GENERAL OPERATING 10,000

JUNIOR ACHIEVEMENT OF NORTH CENTRAL OHIO

4353 EXECUTIVE CIR NW
CANTON,OH44718 		NONE   GENERAL OPERATING 10,000

COLEMAN HEALTH SERVICES

5982 RHODES RD
KENT,OH44240 		NONE   GENERAL OPERATING 10,000

VALLEY ECONOMIC DEVELOPMENT PARTNERS INC

100 E FEDERAL ST STE 920
YOUNGSTOWN,OH44503 		NONE   GENERAL OPERATING 25,000

FRIENDS OF FELLOWS RIVERSIDE GARDENS

123 MCKINLEY AVE
YOUNGSTOWN,OH44509 		NONE   GENERAL OPERATING 2,500

YOUNGSTOWN WARREN REGIONAL CHAMBER

100 E FEDERAL ST STE 500
YOUNGSTOWN,OH44503 		NONE   GENERAL OPERATING 5,000

COMMUNITY FOUNDATION OF MAHONING

201 E COMMERCE ST150
YOUNGSTOWN,OH44503 		NONE   GENERAL OPERATING 15,000

GOLDEN STRING INC

32 5TH AVE
YOUNGSTOWN,OH44503 		NONE   GENERAL OPERATING 25,000

PUBLIC LIBRARY OF YOUNGSTOWN & MAHONING

305 WICK AVE
YOUNGSTOWN,OH44503 		NONE   GENERAL OPERATING 6,500

YOUNGSTOWN STATE UNIVERSITY FOUNDATION

655 WICK AVE
YOUNGSTOWN,OH44502 		NONE   GENERAL OPERATING 250,000

OAK HILL COLLABORATIVE INC

507 OAK HILL AVE
YOUNGSTOWN,OH44502 		NONE   GENERAL OPERATING 25,000

GOODNESS GROWS

2310 S RANGE RD
NORTH LIMA,OH44452 		NONE   GENERAL OPERATING 5,000

LAKE TO RIVER FOUNDATION

100 E FEDERAL ST STE 500
YOUNGSTOWN,OH44503 		NONE   GENERAL OPERATING 25,000

NORTHERN TRUMBULL COUNTY COMMUNITY FDN

8441 MAIN ST
KINSMAN,OH44428 		NONE   GENERAL OPERATING 2,500

OBLATE SISTERS

50 WARNER RD SE
HUBBARD,OH44425 		NONE   GENERAL OPERATING 25,000
Total ................................. 3a 617,500
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 ....     14 271,131  
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 ............ 		    18 504,269  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    1 16  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   775,416  
13Total. Add line 12, columns (b), (d), and (e)..................
13
775,416
(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:
FRANK & PEARL GELBMAN CHARITABLE FDN
EIN:
20-6609204
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,250     1,250

TY 2025 ExplnOfNonFilingWithAGStmt
Name:
FRANK & PEARL GELBMAN CHARITABLE FDN
EIN:
20-6609204
Statement:
The Ohio Attorney General requires that charitable organizations operating or organized within the State submit an annual registration through an online portal that highlights key information from the Form 990-PF for public disclosure purposes. The Trust completes this registration as required in lieu of furnishing a copy of its Form 990-PF to comply with the specific reporting instructions of the State of Ohio.

TY 2025 InvestmentsCorpBondsSchedule
Name:
FRANK & PEARL GELBMAN CHARITABLE FDN
EIN:
20-6609204
Name of Bond End of Year Book Value End of Year Fair Market Value
06051GFX2 BANK AMER CORP    
06368LNT9 BANK OF MONTREAL 5.3    
512807AS7 LAM RESH CORP    
716973AB8 PFIZER INVESTMENT EN    
74005PBQ6 PRAXAIR INC    
89115A2S0 TORONTO-DOMINION BAN    
91282CHH7 US TREASURY N/B 4.12    
91282CJC6 US TREASURY N/B 4.62    
91282CJK8 US TREASURY N/B 4.62    
04636NAK9 ASTRAZENECA FIN LLC 49,559 50,545
06418GAH0 BANK NOVA SCOTIA B C 50,088 51,019
110122EE4 BRISTOL-MYERS SQUIBB    
17275RBQ4 CISCO SYS INC 50,031 50,541
440452AK6 HORMEL FOODS CORP 49,980 50,532
46124HAE6 INTUIT INC 5.25% 09/    
89115A2H4 TORONTO DOMINION BK 50,003 50,605
91282CJP7 US TREASURY N/B 4.37 125,693 125,972
91282CJT9 US TREASURY N/B 4% 0 24,674 25,119
91282CKV2 US TREASURY N/B 4.62 150,861 152,396
91282CLG4 US TREASURY N/B 3.75 200,430 200,844
91282CLQ2 US TREASURY N/B 3.87 99,330 100,672
032095AT8 AMPHENOL CORP NEW 50,368 50,461
11135FAL5 BROADCOM INC 50,177 50,136
14913UBB5 CATERPILLAR FINL SVC 50,370 50,274
45866FBB9 INTERCONTINENTAL EXC 49,507 49,630
63253QAB0 NATIONAL AUSTRALIA B 50,853 51,079
64110LAS5 NETFLIX INC 50,817 50,906
91282CHQ7 US TREASURY N/B 4.12 176,768 177,618
91282CJA0 US TREASURY N/B 4.62 25,771 25,708
91282CMB4 US TREASURY N/B 4% 1 49,547 50,488
91282CMF5 US TREASURY N/B 4.25 100,070 101,477
91282CMW8 US TREASURY N/B 3.75 149,268 150,797
91282CND9 US TREASURY N/B 3.75 49,793 50,275
91282CPK1 US TREASURY N/B 3.5% 75,018 74,921
94106LCB3 WASTE MGMT INC DEL 50,240 50,641

TY 2025 InvestmentsCorpStockSchedule
Name:
FRANK & PEARL GELBMAN CHARITABLE FDN
EIN:
20-6609204
Name of Stock End of Year Book Value End of Year Fair Market Value
773903109 ROCKWELL AUTOMATION 97,003 131,895
67066G104 NVIDIA CORP 29,442 467,929
291011104 EMERSON ELEC CO 90,645 138,560
46120E602 INTUITIVE SURGICAL I 111,609 203,890
55261F104 M&T BK CORP 109,840 132,171
007903107 ADVANCED MICRO DEVIC 164,275 221,013
22160K105 COSTCO WHOLESALE COR 72,399 167,294
532457108 LILLY ELI & CO 29,181 188,069
594918104 MICROSOFT CORP 215,632 459,923
H1467J104 CHUBB LTD 70,734 183,527
G1151C101 ACCENTURE PLC-CL A    
92826C839 VISA INC 58,222 129,412
02079K305 ALPHABET INC 256,352 573,729
023135106 AMAZON COM INC 228,829 349,231
46625H100 JPMORGAN CHASE & CO 213,685 324,153
742718109 PROCTER & GAMBLE CO    
38144N841 GOLDMAN SACHS TR 25,313 23,167
91913Y100 VALERO ENERGY CORP N    
032654105 ANALOG DEVICES INC 57,809 149,702
037833100 APPLE INC 80,419 317,532
337738108 FISERV INC 95,488 46,817
92646A831 VICTORY PORTFOLIOS    
30231G102 EXXON MOBIL CORP 136,431 142,844
931142103 WAL MART STORES INC 72,174 164,330
025537101 AMERICAN ELEC PWR CO 156,744 186,572
32008F200 FIRST EAGLE FDS 921,018 1,158,003
539830109 LOCKHEED MARTIN CORP    
26875P101 EOG RES INC    
81762P102 SERVICENOW INC 75,337 117,190
03027X100 AMERICAN TOWER CORP 86,385 75,671
049560105 ATMOS ENERGY CORP 72,990 104,601
084670702 BERKSHIRE HATHAWAY I 123,274 170,398
101137107 BOSTON SCIENTIFIC CO 125,484 224,549
11135F101 BROADCOM INC 151,904 439,547
30303M102 FACEBOOK INC CL-A 139,349 330,705
369604301 GENERAL ELEC CO 79,772 290,164
64110L106 NETFLIX INC 80,973 201,865
697435105 PALO ALTO NETWORKS I 142,347 173,516
79466L302 SALESFORCE.COM INC    
872540109 TJX COS INC NEW 106,571 164,055
872590104 T-MOBILE US INC    
902973304 US BANCORP DEL 104,844 118,406
98978V103 ZOETIS INC    
G54950103 LINDE PLC 92,913 96,364
191912401 COHEN & STEERS REAL 328,690 306,194
22788C105 CROWDSTRIKE HLDGS IN 52,457 68,908
230001752 CULLEN FDS TR 327,374 408,826
253868103 DIGITAL RLTY TR INC 84,041 68,537
262028731 DRIEHAUS SMALL CAP G    
285512109 ELECTRONIC ARTS INC    
458140100 INTEL CORP 91,013 138,338
67103H107 O REILLY AUTOMOTIVE 131,608 169,103
68389X105 ORACLE CORP 114,461 156,123
747525103 QUALCOMM INC 74,902 78,341
75513E101 RTX CORP 131,322 236,403
824348106 SHERWIN WILLIAMS CO    
863667101 STRYKER CORP 151,155 151,484
883556102 THERMO FISHER SCIENT    
92343V104 VERIZON COMMUNICATIO    
00287Y109 ABBVIE INC 93,645 110,132
040413205 ARISTA NETWORKS INC 82,797 102,203
09857L108 ING HLDGS INC 65,907 69,619
219350105 CORNING INC 108,833 124,685
31609A503 FIDELITY COVINGTON T 576,840 610,929
38141G104 GOLDMAN SACHS GROUP 179,365 253,152
56170L208 HOOD RIVER SMALL CAP 487,524 544,498
69608A108 PALANTIR TECHNOLOGIE 125,608 145,400
806857108 SLB LTD 103,041 108,884
833445109 SNOWFLAKE INC 108,833 130,519
874039100 TAIWAN SEMICONDUCTOR 135,282 171,090
90384S303 ULTA BEAUTY INC 137,551 168,798

TY 2025 OtherDecreasesSchedule
Name:
FRANK & PEARL GELBMAN CHARITABLE FDN
EIN:
20-6609204
Description Amount
MUTUAL FUND TIMING ADJ 969
CY PURCHASE OF ACCRUED INTEREST 1,319


TY 2025 OtherExpensesSchedule
Name:
FRANK & PEARL GELBMAN CHARITABLE FDN
EIN:
20-6609204
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE FILING/TAX PAYMENT 200 0   200


TY 2025 OtherIncomeSchedule2
Name:
FRANK & PEARL GELBMAN CHARITABLE FDN
EIN:
20-6609204
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 16 16  


TY 2025 OtherIncreasesSchedule
Name:
FRANK & PEARL GELBMAN CHARITABLE FDN
EIN:
20-6609204
Description Amount
PY PURCHASE OF ACCRUED INTEREST 1,772
RECOVERY OF GRANTS PAID 5,000


TY 2025 TaxesSchedule
Name:
FRANK & PEARL GELBMAN CHARITABLE FDN
EIN:
20-6609204
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 2,161 2,161   0
FEDERAL ESTIMATES - PRINCIPAL 7,809 0   0
FOREIGN TAXES ON NONQUALIFIED 1,882 1,882   0