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
ROLES FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 19399 STONEGATE DRIVE
  Room/suite
City or town
PRIOR LAKE
State or province
MN
Country  
ZIP or foreign postal code
55372
A Employer identification number

26-1584011
B Telephone number (see instructions)

9522011467
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)$7,464,073J 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) 352,466
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 186,018 185,372  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 472,507
b Gross sales price for all assets on line 6a 1,664,885
7 Capital gain net income (from Part IV, line 2)... 468,495
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........ 1,010,991 653,867  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,188 0   10,188
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,348 0   8,348
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
64,346 64,346   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
7,991 4,491   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
683 0   683
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 91,556 68,837   19,219
25 Contributions, gifts, grants paid....... 366,360 366,360
26 Total expenses and disbursements. Add lines 24 and 25 ................ 457,916 68,837   385,579
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 553,075
b Net investment income (if negative, enter -0-) 585,030
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............. 34,757 60,678 60,678
2 Savings and temporary cash investments......... 167,004 141,490 141,490
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) 749,179 Click to see attachment
List of Attached Documents:
// Content
728,216 		750,246
b Investments—corporate stock (attach schedule)....... 3,775,273 Click to see attachment
List of Attached Documents:
// Content
4,184,388 		5,615,085
c Investments—corporate bonds (attach schedule)....... 257,830 Click to see attachment
List of Attached Documents:
// Content
313,123 		325,145
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 363,544 Click to see attachment
List of Attached Documents:
// Content
200,000 		571,429
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) 5,347,587 5,627,895 7,464,073
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 5,347,587 5,627,895
29 Total net assets or fund balances (see instructions)..... 5,347,587 5,627,895
30 Total liabilities and net assets/fund balances (see instructions). 5,347,587 5,627,895
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
5,347,587
2
Enter amount from Part I, line 27a .....................
2
553,075
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,900,662
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
272,767
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
5,627,895
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 PUBLICLY TRADED SECURITIES P    
b CAPITAL GAINS DIVIDENDS P    
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 1,661,588   1,196,390 465,198
b 3,297     3,297
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       465,198
b       3,297
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 2 468,495
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 8,132
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 8,132
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 8,132
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 3,843
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 3,843
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 4,289
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)
MN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressN/A
14
The books are in care ofTHOMAS M ROLES Telephone no. (612) 210-4539

Located at19399 STONEGATE DRIVEPRIOR LAKEMN ZIP+455372
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
THOMAS M ROLES PRESIDENT
1.00 		0 0 0
19399 STONEGATE DRIVE
PRIOR LAKE,MN55372
KARI L ROLES SECRETARY
0.50 		0 0 0
19399 STONEGATE DRIVE
PRIOR LAKE,MN55372
LISA M TONN TREASURER
1.00 		10,188 0 0
C/O 19399 STONEGATE DRIVE
PRIOR LAKE,MN55121
MADISON ROLES DIRECTOR
0.50 		0 0 0
C/O 19399 STONEGATE DRIVE
PRIOR LAKE,MN55121
SHELBY GRAF DIRECTOR
0.50 		0 0 0
C/O 19399 STONEGATE DRIVE
PRIOR LAKE,MN55121
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
6,364,320
b
Average of monthly cash balances.......................
1b
130,168
c
Fair market value of all other assets (see instructions)................
1c
571,429
d
Total (add lines 1a, 1b, and 1c).......................
1d
7,065,917
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
7,065,917
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
105,989
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,959,928
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
347,996
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
347,996
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
8,132
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
8,132
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
339,864
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
339,864
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
339,864
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
385,579
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
385,579
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 7 339,864
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 294,528
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 385,579
a Applied to 2024, but not more than line 2a 294,528
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..... 91,051
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		248,813
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
THOMAS M ROLES
KARI L ROLES
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AFRICAN CHILDREN TODAY

PO BOX 390123
EDINA,MN55439 		N/A   PROGRAM SUPPORT 14,860

BEST BUDDIES

100 SOUTHEAST SECOND ST 2200
MIAMI,FL33131 		N/A   PROGRAM SUPPORT 12,000

C4 FOUNDATION

PO BOX 181679
CORONDO,CA92178 		N/A   PROGRAM SUPPORT 11,000

CONVOY OF HOPE

PO BOX 1125
SPRINGFIELD,MO65801 		N/A   PROGRAM SUPPORT 30,000

FEED MY STARVING CHILDREN

401 93RD AVE NW
COON RAPIDS,MN55433 		N/A   PROGRAM SUPPORT 28,000

FRASER

2400 WEST 64TH STREET
MINNEAPOLIS,MN55423 		N/A   PROGRAM SUPPORT 12,000

GIVING BACK OUTDOORS

521 E LOCUST ST STE 302
DES MOINES,IA503091939 		N/A   PROGRAM SUPPORT 5,000

HOPEKIDS

PO BOX 44712
EDEN PRAIRIE,MN55344 		N/A   PROGRAM SUPPORT 15,000

HOSANNA CHURCH

9600 163RD STREET WEST
LAKEVILLE,MN55044 		N/A   ELLILTA WOMEN AT RISK AND NOT ABANDONED' PROGRAM SUPPORT 85,000

HOUSING FIRST MN FOUNDATION

2960 CENTRE POINTE DRIVE
ROSEVILLE,MN55113 		N/A   PROGRAM SUPPORT 14,000

LIFEWORKS

6636 CEDAR AVE SOUTH 250
RICHFIELD,MN55423 		N/A   PROGRAM SUPPORT 16,000

MCKENNA CLAIRE FOUNDATION

PO BOX 8094
HUNTINGTON BEACH,CA92615 		N/A   PROGRAM SUPPORT 15,000

MN WISHES AND MORE

961 HILLWIND RD NE
MINNEAPOLIS,MN55432 		N/A   PROGRAM SUPPORT 19,000

NAVY SEAL FOUNDATION

1619 D STREET BLDG 5326
VIRGINIA BEACH,VA23459 		N/A   WARRIOR FITNESS AND SUBSTANCE PROGRAM PROGRAM SUPPORT 15,000

OPERATION UNDERGROUND RAILROAD (OUR)

PO BOX 560902
DENVER,CO802560902 		N/A   PROGRAM SUPPORT 14,000

PINKY SWEAR FOUNDATION

5555 WEST 78TH STREET E
EDINA,MN55439 		N/A   PROGRAM SUPPORT 12,000

SLEEP IN HEAVENLY PEACE INC

669 W QUINN RD BLDG 42
POCATELLO,ID83202 		N/A   PROGRAM SUPPORT 5,000

ST DAVID'S CENTER

3395 PLYMOUTH RD
MINNETONKA,MN55305 		N/A   PROGRAM SUPPORT 26,000

TOUGH LIKE TIGHE

5413 HALIFAX LN
EDINA,MN55424 		N/A   PROGRAM SUPPORT 1,000

TRANSVERSE MYLETIS

PO BOX 826962
PHILADELPHIA,PA191826962 		N/A   PROGRAM SUPPORT 11,000

TUNNEL TO TOWERS FOUNDATION

2361 HYLAN BLVD
STATEN ISLAND,NY10306 		N/A   PROGRAM SUPPORT 5,500
Total ................................. 3a 366,360
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 ....     14 186,018  
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 ............ 		    18 472,507  
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) .. 0 658,525 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
658,525
(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
ROLES FAMILY FOUNDATION
 
Employer identification number

26-1584011
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
ROLES FAMILY FOUNDATION
  		Employer identification number
26-1584011
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
THOMAS AND KARI ROLES
 
19399 STONEGATE DRIVE
 
PRIOR LAKE, MN55372

$ 352,466


(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
ROLES FAMILY FOUNDATION
  		Employer identification number

26-1584011
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
1
 520 SHARES OF SPDR S&P500 ETF TRUST STOCK $ 352,466 2025-12-18
(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
ROLES FAMILY FOUNDATION
  		Employer identification number

26-1584011
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:
ROLES FAMILY FOUNDATION
EIN:
26-1584011
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE 8,348 0   8,348

TY 2025 InvestmentsCorpBondsSchedule
Name:
ROLES FAMILY FOUNDATION
EIN:
26-1584011
Name of Bond End of Year Book Value End of Year Fair Market Value
AMAZON COM INC NOTE 21,202 22,586
AMEREN ILL CO BOND 25,059 25,540
ARCHER DANIELS MIDLAND CO NOTE 22,495 24,149
COMCAST CORP NEW NOTE 31,057 31,688
DTE ELEC CO NOTE 30,113 30,347
JOHN DEERE CAPITAL CORPORATION SER I BOND 19,968 20,964
LIFESPAN MASS FALL RIV INC LIF BOND 25,170 25,356
LITTLE CO MARY HOSP IND INC BOND 36,421 37,968
PLAINS ALL AMERN PIPELINE L P NOTE 30,324 32,284
TEVA PHARMACEUTICAL FIN NETH NOTE 33,512 34,596
UNITED PARCEL SVCS INC NOTE 18,691 19,699
UNITEDHEALTH GROUP INC NOTE 19,111 19,968

TY 2025 InvestmentsCorpStockSchedule
Name:
ROLES FAMILY FOUNDATION
EIN:
26-1584011
Name of Stock End of Year Book Value End of Year Fair Market Value
ADVANCED ENERGY INDUSTRIES INC 12,946 18,007
AEROVIRONMENT INC COM 7,234 5,563
AGREE RLTY CORP COM 8,323 8,932
AIA GROUP ADR 7,326 9,191
AIR PRODUCTS AND CHEMICALS INC 29,990 28,901
AKZO NOBEL NV SPON ADS 8,296 7,223
ALLEGION PLC ORD SHS 7,136 7,961
ALPHABET INC CAP STK CL A 8,580 47,576
ALTRIA GROUP INC 13,718 18,451
AMADEUS IT GROUP S A UNSPONSORED ADS 14,683 18,294
AMAZON.COM INC 23,022 34,855
AMERICAN BEACON AHL MNGD FUTURES STRAT Y 27,649 25,387
AMPHENOL CORP CLASS A COM 3,091 22,163
ANTERO RESOURCES CORP COM 8,686 8,133
AON PLC SHS CL A COM 5,483 5,293
API GROUP CORP COM STK 14,267 21,540
APPLE INC 2,049 23,380
APPLE INC 8,838 46,760
APPLIED INDUSTRIAL TECHNOLOGIES INC 8,611 8,987
AQR DIVERSIFYING STRATEGIES FUND CL I 81,454 90,942
ASML HOLDING NV 8,300 12,838
ASSURANT INC 12,106 13,728
ATLANTIC UN BANKSHARES CORP COM 11,571 12,143
ATLAS COPCO AB SP ADR 8,992 9,492
AUTODESK INC 3,110 4,736
AUTOZONE INC COM 11,445 13,566
AZENTA INC COM 7,726 5,787
BANCO BRADESCO SA SP ADR 6,093 7,153
BARCLAYS PLC ADR 15,933 29,293
BARON EMERGING MARKETS FUND INSTL 200,588 271,775
BEIERSDORF A G UNSPONSORED GERMA ADR 1,770 1,774
BERKSHIRE HATHAWAY INC COM 13,167 31,164
BERKSHIRE HATHAWAY INC COM 11,054 12,064
BIO RAD LABORATORIES INC 10,318 9,999
BJS WHSL CLUB HLDGS INC COM 4,971 4,862
BJS WHSL CLUB HLDGS INC COM 5,764 16,025
BLACKROCK INC COM 17,671 36,392
BNP PARIBAS ADR 10,389 18,059
BOOKING HOLDINGS INC COM 2,695 10,711
BRIGHT HORIZONS FAMILY SOLUTIONS INC 11,319 11,458
BRITISH AMERICAN TOBACCO LVL II ADR 10,370 15,854
BROADCOM INC COM 14,458 22,150
BURLINGTON STORES INC 10,688 17,042
CALAMOS MARKET NEUTRAL INCOME CL I 32,473 34,111
CAVCO INDUSTRIES INC 10,078 20,085
CHEVRON CORP NEW COM 22,518 28,196
CHUBB LIMITED COM 14,731 15,606
CHURCHILL DOWNS INC 14,266 13,654
CINCINNATI FINANCIAL CORP COM 13,017 19,598
CISCO SYS INC 14,167 27,038
CLP HOLDINGS LTD ADR 4,652 4,667
CME GROUP INC COM 4,653 4,642
COGNEX CORP COM 11,355 10,002
COMFORT SYSTEMS USA INC 3,694 23,332
COMPAGNIE FINANCIERE RICHEMONT SA. SPON 9,864 13,413
CONSTELLATION ENERGY CORP COM 8,908 9,892
COPART INC COM 11,009 8,417
CORNING INC 28,621 47,282
COUPANG INC CL A 3,003 2,453
CREDO TECHNOLOGY GROUP HOLDING LTD COM 4,818 5,468
CRINETICS PHARMACEUTICALS INC COM 6,538 6,238
CROWN CASTLE INC COM 17,071 12,442
CSL LTD SPON ADR 10,018 6,624
CULLEN/FROST BANKERS INC 10,935 10,637
CUMMINS INC 26,271 30,627
DAIICHI SANKYO ADR 11,683 9,112
DAIKIN INDUSTRIES UNSP ADS 9,389 10,634
DOMINION ENERGY INC COM 32,284 30,115
DORMAN PRODS INC COM 8,600 14,044
DOUBLELINE TOTAL RETURN BOND FD CL I 319,502 283,785
DRIESHAUS EVENT DRIVEN FUND 94,246 92,871
E ON SE SPONSORED GERMANY ADR 4,572 4,849
EAGLE MATLS INC COM 6,170 12,401
EASTGROUP PPTYS INC COM 7,592 8,551
EATON CORPORATION PLC 13,862 12,422
ELEMENT SOLUTIONS INC COM 9,618 13,170
ENI ADR 12,663 17,035
ENTEGRIS INC 8,050 11,542
ERSTE GROUP BANK ADR 5,349 6,928
FASTENAL COM STK 10,191 21,590
FEDERAL SIGNAL CORP 5,576 13,574
FIRST TR EXCHANGE-TRADED FD III FIRST TR 61,967 78,480
FRANKLIN TEMPLETON ETF TR SYSTMTC STYL 36,132 43,260
FUJITSU UNSP ADR 9,949 18,591
GATES INDUSTRIAL CORPORATION PLC COM 9,744 14,793
GENTHERM INC 10,270 6,510
GLACIER BANCORP INC 7,418 8,898
GLENCORE PLC UNSPON ADR 10,768 12,373
GLOBUS MEDICAL INC 8,864 14,668
GRAND CANYON EDUCATION INC 7,333 11,143
GROUP 1 AUTOMOTIVE INC 8,500 11,799
HALEON PLC SPON ADS 11,384 11,525
HALOZYME THERAPEUTHICS INC 5,584 9,355
HAMILTON LANE INC CL A 7,844 7,656
HDFC BANK LTD SPON ADS 15,518 22,764
HEALTHPEAK PROPERTIES INC COM 8,366 6,159
HITACHI ADR 5,935 25,022
IDACORP INC 10,952 13,795
ING GROEP N.V. SPONSORED ADR 3,250 4,928
INSMED INC 5,249 13,401
INTERCONTINENTAL HOTELS GROUP SPON ADS 2,664 5,070
INTERGER HLDGS CORP COM 11,820 12,470
INTUIT INC 5,809 9,274
IONIS PHARMACEUTICALS INC COM 8,058 8,860
ITT INC COM 12,387 19,780
JABIL INC COM 8,690 13,225
JAMES HARDIE INDUSTRIES PLC COM 6,473 5,395
JAZZ PHARMACEUTICALS PLC COM 13,266 16,660
JOHNSON & JOHNSON COM 21,626 31,249
JP MORGAN STRATEGIC INCOME OPPS - CL I 86,139 85,740
JPMORGAN STRATEGIC INCOME OPPS - CL I 194,386 193,242
KDDI CORP UNSP ADR 13,053 15,613
KINSALE CAP GROUP INC COM 11,233 9,778
KINSALE CAP GROUP INC COM 4,568 11,342
KONINKLIJKE KPN NV SPONSORED ADR 6,503 6,561
LEGRAND SA UNSPON ADR 6,243 6,108
LEVI STRAUSS & CO NEW CL A COM STK 10,369 10,080
LINCOLN ELECTRIC HOLIDNGS INC 7,184 11,503
LINDE PLC COM 16,367 22,172
LONDON STOCK EXCHANGE GROUP SPON ADR 13,788 15,896
LOWES COMPANIES INC COM 13,808 27,251
LS OPPPORTUNITY FUND INSTITUTIONAL CLASS 53,507 61,723
LVMH MOET HENNESSY LOUIS VUITTON ADR 15,425 19,605
MACOM TECH SOLUTIONS HLDGS INC COM 10,914 24,664
MAGNOLIA OIL & GAS CORP CL A 8,830 8,778
MANHATTAN ASSOCIATES INC COM 4,219 5,719
MARZETTI COMPANY COM 9,304 9,372
MASTERCARD INCORPORATED CL A 3,985 17,126
MATADOR RESOURCES COMPANY COM 6,636 5,220
MCKESSON CORP 7,509 7,383
MEDPACE HLDGS INC COM 7,887 12,918
MERCADOLIBRE INC COM 15,785 16,114
META PLATFORMS INC CLASS A COMMON STOCK 17,602 19,803
MICHELIN (CIE GLE DES ETABL) UNSP ADS 6,973 7,432
MICROSOFT CORP 10,794 29,984
MICROSOFT CORP 22,472 39,657
MITSUBISHI ELECTRIC ADR 8,836 12,992
MIZUHO FINANCIAL GROUP SPON ADS 14,092 14,713
MOOG INC 12,010 14,613
MTU AERO ENGINES AG UNSPONSORD ADR 4,480 4,377
NATERA INC COM 5,112 9,393
NATIONAL GRID SPON ADR 16,446 17,558
NATWEST GROUP PLC SPON ADR 12,050 30,748
NESTLE ADR 8,650 10,866
NEUROCRINE BIOSCIENCES INC 10,647 15,601
NINTENDO CO LTD UNSP ADS 19,656 27,414
NORDSON CORP 9,376 15,388
NORFOLK SOUTHERN CORP COM 30,590 41,864
NORTHROP GRUMMAN CORP COM 17,957 23,379
NOVANTA INC COM NPV 7,325 7,853
NOVO NORDISK A/S ADR 3,438 7,530
NVIDIA CORPORATION COM 25,192 36,741
OVINTIV INC COM 6,552 6,035
PALM VALLEY CAPITAL FUND INVESTOR 30,242 30,109
PAYCHEX INC COM 13,202 16,939
PAYLOCITY HOLDING CORP 12,058 9,760
PERFORMANCE FOOD GROUP CO COM 6,371 12,499
PERNOD RICARD ADR 11,506 9,381
PHILIP MORRIS INTERNATIONAL INC COM 19,082 35,288
PINNACLE FINANCIAL PARTNERS COM 4,073 7,442
PIPER SANDLER COMPANIES COM 5,474 21,062
POOL CORP COM 7,742 5,719
PORTLAND GENERAL ELECTRIC CO 8,251 9,070
POWELL INDUSTRIES INC 9,461 13,708
PROCORE TECHNOLOGIES INC COM 10,754 12,293
PROGRESSIVE CORP COM 12,266 28,920
QIAGEN NV ORD 6,704 6,431
QUAKER HOUGHTON COM 11,102 10,298
RBC BEARINGS INC. COM 3,813 19,282
RIO TINTO ADR 11,429 12,725
RIVERPARK STRATEGIC INCOME FUND INSTL 480,584 448,867
ROCHE HLDG ADR 21,256 30,426
RPM INTERNATIONAL INC 7,072 11,544
RYANAIR HOLDINGS PLC ADS 3,955 8,663
S&P GLOBAL INC COM 4,753 13,065
SAILPOINT INC COM 13,647 12,077
SANOFI ADR 16,011 15,556
SAP ADR 4,533 3,887
SCHNEIDER ELECTRIC SE UNSPONSORD ADR 7,626 24,830
SCHNEIDER NATIONAL INC CL B 5,826 6,473
SCHWAB CHARLES CORP COM 18,127 33,969
SERVICETITAN INC SHS CL A 6,378 6,284
SEVEN &I HLDGS CO LTD UNSPONSORD ADR 4,714 4,986
SHERWIN-WILLIAMS CO 3,791 11,989
SHIN ETSU CHEMICAL CO LTD ADR 7,425 6,402
SIKA AG UNSP ADR 5,391 4,188
SIMPSON MFG INC COM 8,952 8,396
SITEONE LANDSCAPE SUPPLY INC COM 14,509 11,460
SONY GROUP CORPORATION SPON ADS 12,863 12,902
SPX TECHNOLOGIES INC COM 9,002 9,203
STARBUCKS CORP COM 20,891 18,610
STIFEL FINANCIAL CORP 6,996 14,776
SUN COMMUNITIES INC 6,353 8,674
SUZUKI MOTOR CORP UNSPONSORD ADR 3,182 4,198
SYMRISE AG UNSP ADR 10,901 10,281
TAIWAN SEMICONDUCTOR MANUFACTURING SPON 3,125 27,958
TANDEM DIABETES CARE INC COM NEW 9,602 8,968
TE CONNECTIVITY PLC COM 20,544 30,941
TECHTRONIC INDUSTRIES COMPANY ADR 4,170 8,061
TEXAS INSTRUMENTS INC COM 21,650 27,758
TEXAS ROADHOUSE INC 6,777 15,770
THALES SA UNSPN ADS 4,669 4,268
THERMO FISHER SCIENTIFIC INC 3,151 12,748
TJX COMPANIES INC 4,324 17,665
TOKYO ELECTRON UNSPON ADR 7,860 8,110
TORONTO DOMINION BANK ONT COM 14,214 15,449
TOTALENERGIES SE 15,846 17,860
TOYOTA MOTOR CORP ADR 8,329 8,991
TRI POINTE HOMES INC COM 9,314 7,301
UBS GROUP AG 10,552 23,989
UMB FINANCIAL CORP 9,773 11,274
UNITEDHEALTH GROUP INC 24,548 23,108
VANGUARD INDEX FUNDS S&P 500 ETF 372,377 850,573
VERICEL CORP 9,050 9,039
VERISIGN INC 8,087 9,961
VISA INC 1,531 9,820
VOYA FINANCIAL INC COM 13,124 15,941
WASTE MANAGEMENT INC 12,420 12,084
WINTRUST FINANCIAL CORP 6,203 12,863
WOLTERS KLUWERS SPON ADR 7,281 4,350

TY 2025 InvestmentsGovtObligationsSch
Name:
ROLES FAMILY FOUNDATION
EIN:
26-1584011
US Government Securities - End of Year Book Value:

106,877
US Government Securities - End of Year Fair Market Value:

111,832
State & Local Government Securities - End of Year Book Value:


621,339
State & Local Government Securities - End of Year Fair Market Value:


638,414


TY 2025 InvestmentsOtherSchedule2
Name:
ROLES FAMILY FOUNDATION
EIN:
26-1584011
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GEROSYNTH LABS INC. AT COST 200,000 571,429

TY 2025 OtherDecreasesSchedule
Name:
ROLES FAMILY FOUNDATION
EIN:
26-1584011
Description Amount
BASIS ADJUSTMENT 592
FMV IN EXCESS OF BASIS ON CONTRIBUTED SECURITIES 272,175


TY 2025 OtherExpensesSchedule
Name:
ROLES FAMILY FOUNDATION
EIN:
26-1584011
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SERVICE FEES 683 0   683


TY 2025 OtherProfessionalFeesSchedule
Name:
ROLES FAMILY FOUNDATION
EIN:
26-1584011
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEE 64,346 64,346   0


TY 2025 TaxesSchedule
Name:
ROLES FAMILY FOUNDATION
EIN:
26-1584011
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX WITHHELD 4,491 4,491   0
FEDERAL EXCISE TAX 3,500 0   0