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
KORUM FOR KIDS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 538
  Room/suite
City or town
PUYALLUP
State or province
WA
Country  
ZIP or foreign postal code
983710173
A Employer identification number

91-6528752
B Telephone number (see instructions)

2538456600
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)$33,223,230J 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) 2,800,000
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 819,547 819,547  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,207,937
b Gross sales price for all assets on line 6a 7,335,715
7 Capital gain net income (from Part IV, line 2)... 1,207,937
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,827,484 2,027,484  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 82,800 8,280   74,520
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
378 0   378
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
17,010 8,505   8,505
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
59,347 57,151   2,196
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
26,819 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
8,076 0   6,061
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 194,430 73,936   91,660
25 Contributions, gifts, grants paid....... 1,868,668 1,868,668
26 Total expenses and disbursements. Add lines 24 and 25 ................ 2,063,098 73,936   1,960,328
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,764,386
b Net investment income (if negative, enter -0-) 1,953,548
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 5,684    
2 Savings and temporary cash investments......... 540,416 193,871 193,871
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 22,686,235 Click to see attachment
List of Attached Documents:
// Content
23,980,443 		23,980,443
c Investments—corporate bonds (attach schedule)....... 4,376,047 Click to see attachment
List of Attached Documents:
// Content
9,048,916 		9,048,916
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) 27,608,382 33,223,230 33,223,230
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 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 27,608,382 33,223,230
29 Total net assets or fund balances (see instructions)..... 27,608,382 33,223,230
30 Total liabilities and net assets/fund balances (see instructions). 27,608,382 33,223,230
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
27,608,382
2
Enter amount from Part I, line 27a .....................
2
2,764,386
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
2,850,462
4
Add lines 1, 2, and 3 ..........................
4
33,223,230
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
33,223,230
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 CAPITAL GAINS DIVIDENDS P    
b PUBLICLY TRADED SECURITIES      
c
d
e
(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 537,732     537,732
b 6,797,983   6,127,778 670,205
c
d
e
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       537,732
b       670,205
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,207,937
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 27,154
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 27,154
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 27,154
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 25,000
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 25,000
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 2,154
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
WA
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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressWWW.KORUMFORKIDS.ORG
14
The books are in care ofSOPHIA HALL Telephone no. (253) 845-6600

Located at100 RIVER ROADPUYALLUPWA ZIP+498371
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)
Yes
 
(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
 
No
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
JERRY KORUM TRUSTEE
0.50 		0 0 0
PO BOX 538
PUYALLUP,WA98371
SOPHIA HALL TRUSTEE - MANAGER
20.00 		82,800 0 0
PO BOX 538
PUYALLUP,WA98371
JOHN HALL TRUSTEE
0.50 		0 0 0
PO BOX 538
PUYALLUP,WA98371
SONJA CAMPBELL TRUSTEE
0.50 		0 0 0
PO BOX 538
PUYALLUP,WA98371
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
GREENE WEALTH MANAGEMENT LLC INVESTMENT MANAGEMENT 57,151
1301 5TH AVE STE 3410
SEATTLE,WA981012630
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
28,808,657
b
Average of monthly cash balances.......................
1b
418,516
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
29,227,173
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
29,227,173
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
438,408
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
28,788,765
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
1,439,438
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,439,438
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
27,154
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
27,154
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,412,284
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,412,284
6
Deduction from distributable amount (see instructions) .................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,412,284
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
1,960,328
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
1,960,328
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 1,412,284
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...... 35,542
b From 2021......  
c From 2022...... 20,944
d From 2023...... 210,748
e From 2024...... 106,543
f Total of lines 3a through e ........ 373,777
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,960,328
a Applied to 2024, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		0
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 1,412,284
e Remaining amount distributed out of corpus 548,044
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 5 921,821
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) ... 		35,542
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		886,279
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 .... 20,944
c Excess from 2023 .... 210,748
d Excess from 2024 .... 106,543
e Excess from 2025 .... 548,044
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).)
JERRY KORUM
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
SOPHIA HALL
PO BOX 538
PUYALLUP,WA983710173
(253) 355-5882
SOPHIA@KORUM.COM
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS AVAILABLE AT ADDRESS ABOVE
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
501(C)(3) ORGANIZATIONS, ACADEMIC SCHOLARSHIPS AND OTHER CHARITABLE ENTITIES
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

ABSOLUTE MINISTRIES

1402 LAKE TAPPS PKWY E 104-276
AUBURN,WA98092 		    SPONSORSHIP OF EVENT AT FAIR GROUNDS 5,000

ALEX'S SAFE PLACE

5516 53RD ST W
UNIVERSITY PLACE,WA98467 		    OPERATING COSTS FOR 1ST ANNUAL FUNDRAISER 7,500

ALI'S PROM PROJECT

4810 PT FOSDICK DR 513
GIG HARBOR,WA98335 		    PROM DRESSES FOR LOW INCOME TEENS 2,500

ANNIE WRIGHT SCHOOLS

827 TACOMA AVE
TACOMA,WA98403 		    CONTRIBUTION FOR ANNUAL FUND AND LOWER SCHOOL PLAYGROUND 10,000

ARK INSTITUTE OF LEARNING

1916 S WASHINGTON ST
TACOMA,WA98405 		    CONTRIBUTION FOR SCHOLARSHIPS AND RAISE THE PADDLE FUNDRAISER 30,000

ARTS DOWNTOWN

PO BOX 416
PUYALLUP,WA98371 		    CONTRIBUTION FOR PUBLIC ART GALLERIES AROUND PUYALLUP 6,000

ASHLEY HOUSE

33811 9TH AVE S
FEDERAL WAY,WA98003 		    MEDICAL EQUIPMENT FOR CHILDREN WITH SEVERE MEDICAL DIAGNOSES 10,000

ATLAS FREE

PO BOX 77
KIRKLAND,WA98083 		    CONTRIBUTION TO PREVENT TRAFFICKING 2,627

BATTLEFIELD ADDICTION

2250 ROOSEVELT AVE
ENUMCLAW,WA98022 		    WALK/RUN FOR RECOVERY 12,500

BLESSING GROUP

PO BOX 414
GIG HARBOR,WA98335 		    SUPPORT FOR STUDENT LED CHRISTIAN CLUBS IN PUBLIC SCHOOLS 7,500

BONNEY LAKE BASEBALL ASSOCIATION

PO BOX 7573
BONNEY LAKE,WA98391 		    TRAVEL EXPENSES FOR LITTLE LEAGUE TOURNAMENT 1,000

BOYS & GIRLS CLUB OF SOUTH PUGET SOUND

3875 S 66TH ST STE 101
TACOMA,WA98409 		    PROGRAMS THAT EMPOWER YOUTH & STRENGTHEN COMMUNITY 5,000

CANCER PATHWAYS

1400 BROADWAY
SEATTLE,WA98122 		    CONTRIBUTION FOR THE CAMP SPARKLE AND FAMILY 5,000

CARE NET

1924 S CEDAR ST STE B
TACOMA,WA98405 		    CONTRIBUTION FOR PREGNANCY SUPPORT 1,000

CHARLIE'S DINOSAUR

6824 19TH ST W 139
UNIVERSITY PLACE,WA98466 		    CARE ITEMS FOR CHILDREN PLACED INTO EMERGENCY FOSTER HOMES 2,500

CHILDHELP

74333 HIGHWAY 111 STE 206
PALM DESERT,CA92260 		    CONTRIBUTION FOR ERADICATING CHILD ABUSE 1,800

CHILDREN'S MUSEUM OF TACOMA

1501 PACIFIC AVE
TACOMA,WA98406 		    CONTRIBUTION FOR WATER PLAYSCAPE REFRESH 100,000

CLAIRE BEAR FOUNDATION

2121 N FIFE ST
TACOMA,WA98406 		    THE CLAIRE RAPHAEL TRAINING ROOM AT MARY BRIDGE 3,500

COLLEGE SUCCESS FOUNDATION

3223 N 13TH ST
TACOMA,WA98406 		    EMPOWERING YOUTH TACOMA 500

COMMUNITIES IN SCHOOLS OF PUYALLUP

302 2ND ST SE
PUYALLUP,WA98372 		    PROFESSIONAL MENTORS FOR STRUGGLING STUDENTS IN CLASSROOMS 10,000

CONQUEST SELF DEFENSE

PO BOX 25913
FEDERAL WAY,WA98093 		    MARTIAL ARTS CLASSES FOR LOW INCOME COMMUNITY MEMBERS 3,000

CONVOY OF HOPE

PO BOX 1126
SPRINGFIELD,MO65802 		    CAPITAL CAMPAIGN 20,000

DIABETES ASSOCIATION OF PIERCE COUNTY

PO BOX 110427
TACOMA,WA98411 		    CONTRIBUTION FOR CHILDREN'S CAMPS 5,000

EASTER SEALS WASHINGTON

200 W MERCER ST STE 210E
SEATTLE,WA98122 		    CONTRIBUTION FOR SEVERELY DISABLED CHILDREN'S CAMP AND NEW DEVELOPMENT CENTER 9,827

EMERGENCY FOOD NETWORK

3318 92ND ST S LAKEWOOD
LAKEWOOD,WA98499 		    2025 HUNGER WALK 1,000

EMMA'S EXCEPTIONAL EQUIPMENT EXCHANGE

918 SW 360TH ST
FEDERAL WAY,WA98023 		    MEDICAL EQUIPMENT & SUPPLIES EXCHANGE PROGRAM FOR SPECIAL NEEDS COMMUNITY 2,500

EVERGREEN PRIMARY PTSA

7102 40TH ST W
UNIVERSITY PLACE,WA98466 		    CONTRIBUTION FOR PTA 1,000

EXODUS HOUSING

301 2ND AVE NE STE 200
PUYALLUP,WA98372 		    CONTRIBUTION FOR RAPID REHOUSING PROGRAM 5,000

FAITH COVENANT CHURCH

1915 WASHINGTON ST
SUMNER,WA98390 		    RENOVATION OF STUDENT BLDG AT LITTLE SPROUTS EARLY LEARNING CENTER 25,000

FAITH INTERNATIONAL UNIVERSITY

3504 N PEARL ST
TACOMA,WA98407 		    SCHOLARSHIPS FOR STUDENTS 100,000

FELLOWSHIP OF CHRISTIAN ATHLETES

8701 LEEDS RD
KANSAS CITY,MT64129 		    MINISTRY FOR COACHES & ATHLETES 1,000

FME SOCCER CLUB

PO BOX 1408
MILTON,WA98354 		    YOUTH SOCCER PROGRAM 10,000

FRIENDS OF THE CHILDREN TACOMA

7302 S PARK AVE
TACOMA,WA98402 		    FUNDS TO PROVIDE SUPPLIES FOR THE CHILDREN BEING MENTORED (12+ YEARS) 10,000

FUSION

PO BOX 23934
FEDERAL WAY,WA98093 		    CONTRIBUTION TO EMERGENCY SHELTER 50,000

GOODWILL

714 S 27TH ST
TACOMA,WA98409 		    CONTRIBUTION FOR WORKFIRST PROGRAM 5,000

GREATER TAC CHRISTIAN LAYMEN'S OUTREACH

2621 70TH AVE W STE B
TACOMA,WA98466 		    FINANCIAL SUPPORT PIERCE COUNTY PRAYER BREAKFAST 5,000

GREENTRIKE

1501 PACIFIC AVE STE 202
TACOMA,WA98402 		    CONTRIBUTION FOR ESSENTIAL PROGRAMMING FOR CHILDREN & YOUTH IN PIERCE COUNTY 32,700

HABITAT FOR HUMANITY

4824 S TACOMA WAY
TACOMA,WA98409 		    BUILDING HOPE CAMPAIGN 50,000

HARBOR CHRISTIAN CENTER

4110 HORSEHEAD BAY DR NW
GIG HARBOR,WA98335 		    NIGHT TO SHINE 2025 5,000

HAZELDEN BETTY FORD FOUNDATION

PO BOX 11
CENTER CITY,MN55012 		    NATIONAL CHILDREN'S PROGRAM 50,000

INTERNATIONAL FOUNDATION

PO BOX 112221
TACOMA,WA984112221 		    PACIFIC NW MINISTRY 8,000

JOB CARR CABIN MUSEUM

PO BOX 7609
TACOMA,WA98417 		    SUPPLIES & STAFFING FOR TRAVELING STORYTIMES FOR PRESCHOOL & KINDERGARTEN CLASSES 3,000

JUNIOR ACHIEVEMENT OF WA

1610 PERIMETER RD
AUBURN,WA98001 		    JA BIZ TOWN PROGRAM FOR ELEMENTARY STUDENTS 5,000

KATHERINE G JOHNSON ELEMENTARY PTA

16720 WALLER RD E
TACOMA,WA98446 		    SPONSOR RAMONA SHELTON FOR FUN RUN 14

KID CONNECT

5501 6TH AVE
TACOMA,WA98406 		    EXTRAORDINARY THINGS PROGRAM FOR CHILDREN AND FAMILIES 2,500

LEGACY MINDED MEN

2160 58TH AVE PMB 209
VERO BEACH,FL32966 		    REACH MEN FOR HUDDLE GROUPS 500

LINDQUIST DENTAL CLINIC FOR CHILDREN

130 131ST ST S
TACOMA,WA98444 		    UNCOMPENSATED CARE FUND & COMMUNITY OUTREACH PROGRAMS 10,000

MAKE A WISH FOUNDATION

811 1ST AVE
SEATTLE,WA98104 		    CONTRIBUTION FOR FUTURE WISH FOR A CHILD 8,000

MARY BRIDGE CHILDREN'S FOUNDATION

PO BOX 5296
TACOMA,WA98415 		    CONTRIBUTION FOR ONCOLOGY UNIT AND BEADS OF COURAGE PROGRAM 415,000

MAYO CLINIC

200 1ST ST SW
ROCHESTER,MN55905 		    PROSTATE CANCER DEPARTMENT 5,000

MOTHER 2 MANY MINISTRY

PO BOX 7354
BONNEY LAKE,WA98391 		    FEEDING YOUTH AT SKATEPARKS, YOUTH CENTERS & AFTER SCHOOL PROGRAMS 7,000

MULTICARE HEALTH FOUNDATION

PO BOX 5296
TACOMA,WA98415 		    CONTRIBUTION FOR NEW CANCER CENTER 10,000

MULTICULTURAL CHILD & FAMILY HOPE CENTER

2021 S 19TH ST
TACOMA,WA98415 		    CORA WHITLEY FAMILY CENTER CAPITAL CAMPAIGN 100,000

NEW PHOEBE HOUSE ASSOCIATION

PO BOX 5245
TACOMA,WA98415 		    SUPPLIES, SNACKS, EDUCATION MATERIALS, SAFETY & BABY SUPPLIES 10,000

NICOLAS FUND FOR EDUCATION

PO BOX 3724
BELLEVUE,WA98009 		    EARLY CHILD EDUCATION 5,000

NORTH CO DEVELOPMENT

PO BOX 44800
TACOMA,WA98448 		    FATHER'S DAY CELEBRATION 3,500

NORTHWEST NETWORK FOUNDATION

PO BOX 158
PUYALLUP,WA98371 		    SUPPORT FOR BIBLES TO THIRD WORLD COUNTRIES 10,000

NORTHWEST SINFONIETTA

PO BOX 1154
TACOMA,WA98401 		    PERFORMANCES AT TACOMA & JBLM CHILDREN'S MUSEUMS 5,000

NORTHWEST UNIVERSITY FOUNDATION

PO BOX 579
KIRKLAND,WA98083 		    SUPPORT FOR MINISTRY AND MENTORSHIP 10,000

NOT ONE MORE

3504 SW 104TH
SEATTLE,WA98146 		    DRUG AND ALCOHOL PREVENTION EDUCATION 2,500

NW FURNITURE BANK

117 PUYALLUP AVE
TACOMA,WA98421 		    CONTRIBUTION FOR FAMILIES AND INDIVIDUALS IN NEED 5,000

PEAK 7 ADVENTURES

PO BOX 399
MEAD,WA99021 		    SUPPORT FOR YOUTH IN OUTDOOR EXPERIENCES PROGRAMS 5,000

PIERCE COLLEGE FOUNDATION

1601 39TH AVE SE
PUYALLUP,WA98374 		    DR MICHELE JOHNSON ENDOWMENT 25,000

PUYALLUP FOOD BANK

PO BOX 202
PUYALLUP,WA98371 		    FOOD DISTRIBUTION TO CLIENTS & PARTNER ORGANIZATIONS 5,000

RAISING GIRLS

PO BOX 7851
TACOMA,WA98417 		    RAISING GIRLS LUNCHEON 2,500

REALITY SPORTS FOUNDATION

PO BOX 2192
SUMNER,WA98390 		    3RD ANNUAL VOLLEY IN THE VALLEY TOURNAMENT 5,000

SCARLET ROAD

PO BOX 378
BREMERTON,WA98337 		    CRISIS SUPPORT FOR TEENS 5,100

SEATTLE METROPOLITAN AQUATIC CLUB

PO BOX 22564
SEATTLE,WA98122 		    CONTRIBUTION FOR ANNUAL SWIM-A-THON 500

SIBLING STRONG

PO BOX 1002
PORT ORCHARD,WA98366 		    CONTRIBUTIONS FOR GIFTS DEDICATED TO REUNITE SIBLINGS 5,000

ST FRANCIS HOUSE

PO BOX 156
PUYALLUP,WA98371 		    FUND A NEED, GATHERING OF MIRACLE MAKERS' BREAKFAST, FAMILIES IN NEED 10,000

ST PATRICK SCHOOL

1112 NORTH G ST
TACOMA,WA98403 		    MATH & SCIENCE CURRICULUMS & SUPPLIES 15,000

STEP BY STEP

PO BOX 488
MILTON,WA98354 		    EARLY CHILDHOOD CENTER, PROGRAM SUPPORT 100,000

SUMNER COMMUNITY FOOD BANK

PO BOX 472
SUMNER,WA98390 		    TO SUPPORT PURCHASE & FINISH OF OUTBUILDING 5,000

SUNSHINE KIDS FOUNDATION

2814 VIRGINIA ST
HOUSTON,TX77098 		    PROVIDING OPPORTUNITIES FOR KIDS WITH CANCER 2,500

TACOMA YOUTH CHORUS

PO BOX 64734
TACOMA,WA98464 		    CONTRIBUTION FOR NEED-BASED SCHOLARSHIP SUPPORT FOR SINGERS 3,000

TEARS FOUNDATION

11102 SUNRISE BLVD E STE 112
PUYALLUP,WA98374 		    BEREAVEMENT CARE FOR FAMILIES WHO LOST A CHILD 35,000

THE RESCUE MISSION

PO BOX 1912
TACOMA,WA98401 		    15 PASSENGER VAN TO TRANSPORT CHILDREN & FAMILIES 75,000

DESERT COMMUNITY FOUNDATION

75-105 MERLE DR 300
PALM DESERT,CA92211 		    CONTRIBUTION FOR YOUTH SCHOLARSHIPS 5,000

TOYS FOR KIDS

PO BOX 2104
ISSAUAH,WA98027 		    NW TOY RUN CAR SHOW TOY DRIVE 2,500

UNITED BOYS & GIRLS CLUBS SANTA BARBARA

PO BOX 1485
SANTA BARBARA,CA93102 		    BIKE4KIDS CONTRIBUTION 500

VASHON-MAURY ISLAND HERITAGE ASSOCIATION

10105 SW BANK RD
VASHON,WA98070 		    SUPPLIES FOR FAMILY DAYS AT VASHON HERITAGE MUSEUM 3,000

WA STATE HISTORICAL SOCIETY

1911 PACIFIC AVE
TACOMA,WA98402 		    CONTRIBUTION FOR FIELD TRIP SCHOLARSHIP PROGRAM 15,000

WASHINGTON STATE FAIR FOUNDATION

110 9TH AVE SW
PUYALLUP,WA98371 		    CONTRIBUTION FOR SCHOLARSHIP AND GENERAL SUPPORT 6,100

WISHING WELL FOUNDATION

16524 89TH AVE E
PUYALLUP,WA98375 		    FINANCIAL SUPPORT FOR CHILDREN ACCESSING INDEPENDENT LIVING SUPPORT PROGRAM 7,500

WORLD VISION

PO BOX 9716
FEDERAL WAY,WA98063 		    HURRICANE RELIEF 25,000

XAVIER COLLEGE PREPARATORY HIGH SCHOOL

34-200 COOK ST
PALM DESERT,CA92211 		    SCHOLARSHIP FOR HELIOS CARTIER-CAMERON 500

YMCA OF PIERCE & KITSAP COUNTIES

4717 S 19TH ST STE 201
TACOMA,WA984059959 		    NEW TEEN CENTER AT PEARL STREET YMCA SUPPORT 265,000
Total ................................. 3a 1,868,668
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 ........... 		         
4 Dividends and interest from securities ....     14 819,547  
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 1,207,937  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,027,484 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,027,484
(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
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
KORUM FOR KIDS FOUNDATION
 
Employer identification number

91-6528752
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
KORUM FOR KIDS FOUNDATION
  		Employer identification number
91-6528752
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
JERRY KORUM
 
PO BOX 538
 
PUYALLUP, WA98371

$ 2,800,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
KORUM FOR KIDS FOUNDATION
  		Employer identification number

91-6528752
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
KORUM FOR KIDS FOUNDATION
  		Employer identification number

91-6528752
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2025 AccountingFeesSchedule
Name:
KORUM FOR KIDS FOUNDATION
EIN:
91-6528752
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING EXPENSE 17,010 8,505   8,505

TY 2025 InvestmentsCorpBondsSchedule
Name:
KORUM FOR KIDS FOUNDATION
EIN:
91-6528752
Name of Bond End of Year Book Value End of Year Fair Market Value
JPMORGAN ACTIVE BOND 1,858,375 1,858,375
JPMORGAN ULTRA SHORT 999,962 999,962
PERFORMANCE TRUST TOTAL 1,857,860 1,857,860
PIMCO INTERNATIONAL BOND 2,471,966 2,471,966
VANGUARD CORE BOND ADMIR 1,860,753 1,860,753

TY 2025 InvestmentsCorpStockSchedule
Name:
KORUM FOR KIDS FOUNDATION
EIN:
91-6528752
Name of Stock End of Year Book Value End of Year Fair Market Value
AMERICAN FD EUROPACIFIC 1,944,625 1,944,625
DODGE & COX INTL STOCK 1,864,518 1,864,518
ISHS US SMALLA CAP EQTY 1,881,659 1,881,659
SCHWAB INTERNATIONAL 2,889,481 2,889,481
SCHWAB US LARGE CAP ETF 6,911,428 6,911,428
VANGUARD DIVIDEND 1,737,948 1,737,948
VANGUARD EMRG MKT SLCT 2,058,312 2,058,312
VANGUARD GLOBAL EQUITY 3,597,948 3,597,948
VANGUARD TOTAL STOCK 509,319 509,319
VANGUARD TOTAL WORLD 585,205 585,205

TY 2025 LegalFeesSchedule
Name:
KORUM FOR KIDS FOUNDATION
EIN:
91-6528752
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEE 378 0   378


TY 2025 OtherExpensesSchedule
Name:
KORUM FOR KIDS FOUNDATION
EIN:
91-6528752
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BUSINESS REGISTRATION FEE 25 0   25
MEALS & MEETINGS 4,031 0   2,016
SUPPLIES 4,020 0   4,020


TY 2025 OtherIncreasesSchedule
Name:
KORUM FOR KIDS FOUNDATION
EIN:
91-6528752
Description Amount
UNREALIZED GAIN ON INVESTMENTS 2,850,462


TY 2025 OtherProfessionalFeesSchedule
Name:
KORUM FOR KIDS FOUNDATION
EIN:
91-6528752
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT SERVICES 57,151 57,151   0
WEBSITE SERVICES 2,196 0   2,196


TY 2025 TaxesSchedule
Name:
KORUM FOR KIDS FOUNDATION
EIN:
91-6528752
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 26,819 0   0