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
ADDISON HINES CHARITABLE TR
 
% ROBERT J LISZEWSKI
Number and street (or P.O. box number if mail is not delivered to street address) 932 TILLINGHAST DRIVE
  Room/suite
City or town
OXFORD
State or province
CT
Country  
ZIP or foreign postal code
064781092
A Employer identification number

20-1679943
B Telephone number (see instructions)

9546147867
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)$27,524,402J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments 17 17  
4 Dividends and interest from securities... 460,861 460,861  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
574,403
b Gross sales price for all assets on line 6a 4,271,420
7 Capital gain net income (from Part IV, line 2)... 574,403
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........ 1,035,281 1,035,281  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 105,000 73,500   31,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
12,516 2,516    
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
182,906 182,020   886
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 300,422 258,036   32,386
25 Contributions, gifts, grants paid....... 1,272,500 1,272,500
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,572,922 258,036   1,304,886
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -537,641
b Net investment income (if negative, enter -0-) 777,245
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 222,735 182,359 182,359
2 Savings and temporary cash investments.........      
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) 1,725,861 Click to see list of attachments
List of Attached Documents:
// Content
2,157,479 		2,163,304
b Investments—corporate stock (attach schedule)....... 11,421,579 Click to see attachment
List of Attached Documents:
// Content
10,632,048 		23,050,365
c Investments—corporate bonds (attach schedule)....... 1,284,807 Click to see attachment
List of Attached Documents:
// Content
1,265,204 		1,266,620
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans............. 1,163,044 1,041,457 817,704
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) 42,212 44,050 Click to see attachment
List of Attached Documents:
// Content
44,050
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,860,238 15,322,597 27,524,402
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 15,860,238 15,322,597
29 Total net assets or fund balances (see instructions)..... 15,860,238 15,322,597
30 Total liabilities and net assets/fund balances (see instructions). 15,860,238 15,322,597
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
15,860,238
2
Enter amount from Part I, line 27a .....................
2
-537,641
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
15,322,597
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
15,322,597
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 NT - LTCG SALES PUBLIC SEC P    
b NT - LTCG GLD PUBLIC SEC P    
c CS - LTCG DISTRIBUTIONS P    
d CS - STCG SALES PUBLIC SEC P    
e CS - LTCG SALES PUBLIC SEC P    
CS - LTCG MTG POOL PRIN PUBLIC SEC P    
CS - LTCG CMO PRIN PUBLIC SEC P    
EW - STCL SALES PUBLIC SEC P    
EW - STCG T-BILLS NOT ON 1099 PUBLIC SEC P    
EW - STCG SLV PUBLIC SEC P    
EW - LTCG SALES PUBLIC SEC P    
EW LTCG GLD PUBLIC SEC P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 478,223   435,366 42,857
b 325,444   120,301 205,143
c 1     1
d 10,838   10,034 804
e 1,185,725   1,089,108 96,617
88,252   86,459 1,793
38,115   35,131 2,984
401,968   420,971 -19,003
244,949   244,949  
483   379 104
1,319,905   1,164,353 155,552
177,517   89,966 87,551
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       42,857
b       205,143
c       1
d       804
e       96,617
      1,793
      2,984
      -19,003
       
      104
      155,552
      87,551
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 2 574,403
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 10,804
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  
3 Add lines 1 and 2........................... 3 10,804
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 10,804
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 23,147
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 23,147
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 12,343
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax12,343 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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
CT, FL
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 addressNA
14
The books are in care ofROBERT J LISZEWSKI Telephone no. (954) 614-7867

Located at932 TILLINGHAST DRIVEOXFORDCT ZIP+4064781092
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
 
No
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
 
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
 
No
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
 
No
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
ROBERT J LISZEWSKIClick to see attachment
List of Attached Documents:
// Content
CO-TRUSTEE
5.00 		65,000 0 0
932 TILLINGHAST DRIVE
OXFORD,CT064781092
JAMES B MURRAY CO-TRUSTEE
4.00 		40,000 0 0
110 FLINTLOCK ROAD
SOUTHPORT,CT06890
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
EDGE WEALTH MANAGEMENT LLC INVESTMENT ADVISORY 68,350
805 3RD AVE Ste 12TH FLOOR
NEW YORK,NY10022
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
25,126,131
b
Average of monthly cash balances.......................
1b
403,813
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
25,529,944
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
 
3
Subtract line 2 from line 1d.........................
3
25,529,944
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
382,949
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
25,146,995
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
1,257,350
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
1,257,350
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
10,804
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
10,804
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,246,546
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,246,546
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,246,546
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
1,304,886
b
Program-related investments—total from Part VIII-B..................
1b
 
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
1,304,886
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 1,246,546
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 77,489
b From 2021...... 43,753
c From 2022...... 167,929
d From 2023...... 154,189
e From 2024...... 49,590
f Total of lines 3a through e ........ 492,950
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,304,886
a Applied to 2024, but not more than line 2a  
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..... 1,246,546
e Remaining amount distributed out of corpus 58,340
5 Excess distributions carryover applied to 2025.    
(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 5 551,290
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
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) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		77,489
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		473,801
10 Analysis of line 9:
a Excess from 2021 .... 43,753
b Excess from 2022 .... 167,929
c Excess from 2023 .... 154,189
d Excess from 2024 .... 49,590
e Excess from 2025 .... 58,340
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
0       0
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		        0
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ALZHEIMER'S COMMUNITY CARE

1615 FORUM PLACE Ste 5TH FLOOR
WEST PALM BEACH,FL33401 		NONE   ALZHERIMERS DAY CARE & CAREGIVER ED 135,000

AMERICAN HEART ASSOCIATION

11207 BLUE HERON BLVD NORTH
SAINT PETERSBURG,FL33716 		NONE   SUPPORT AHA HEROES SUMMER CAMP 52,500

AMERICAN RED CROSS

1250 NORTHPOINT PARKWAY
WEST PALM BEACH,FL33407 		NONE   AID PALM BCH CNTY DISASTER VICTIMS 100,000

THE ARC OF THE GLADES INC

4250 NW 16TH STREET
BELLE GLADE,FL33430 		NONE   SUPPORT FACILITY BASED TRAINING PROGRAM 30,000

CANCER ALLIANCE OF HELP & HOPE INC

44 COCONUT ROW Ste T10
PALM BEACH,FL33480 		NONE   SPONSOR 2026 LUNCHEON RECEPTION 25,000

ELIZABETH H FAULK FOUNDATION

22455 BOCA RIO ROAD
BOCA RATON,FL33433 		NONE   SUPPORT APA APPROVED INTERNSHIP PROG 95,000

FOUNDCARE INC

2330 SOUTH CONGRESS AVENUE
PALM SPRINGS,FL33406 		NONE   SUPPORT RIVIERA BEACH CAPITAL CAMPAIGN 50,000

FRIENDS OF WLRN INC

172 NE 15TH STREET
MIAMI,FL33132 		NONE   2026 PUBLIC RADIO CLASSICAL MUSIC 50,000

GEMMA SERVICES

512 WEST TOWNSHIP LINE ROAD
PLYMOUTH MEETING,PA19462 		NONE   SUPPORT SCHOOL CAPITAL CAMPAIGN 50,000

GULF STREAM COUNCIL OF BSA

8335 N MILITARY TRAIL
PALM BEACH GARDENS,FL33410 		NONE   SUPPORT SCOUT CAMPS 50,000

NORTON MUSEUM OF ART

1451 S OLIVE AVENUE
WEST PALM BEACH,FL33401 		NONE   ART AFTER DARK 2025-2026 SEASON 50,000

PALM BEACH SYMPHONY

700 S DIXIE HIGHWAY Ste 100
WEST PALM BEACH,FL33401 		NONE   MAESTRO GRAND BENEFACTORGALA SPON 35,000

PATH TO COLLEGE

2635 OLD OKEESHOBEE ROAD
WEST PALM BEACH,FL33401 		NONE   SUPPORT CATAPULT BUILDING CAMPAIGN 50,000

SCHOOL OF THE ARTS FOUNDATION INC

501 S SAPODILLA AVENUE
WEST PALM BEACH,FL33401 		NONE   SUPPORT MUSIC AND ART DEPARTMENTS 50,000

SHRINERS HOSPITALS FOR CHILDREN

3551 N BROAD STREET
PHILADELPHIA,PA19140 		NONE   PURCHASE OF WHEELCHAIR VAN 150,000

SOUTH FLORIDA PBS INC

3401 S CONGRESS AVENUE
BOYNTON BEACH,FL33426 		NONE   UNDERWRITING PUBLIC TV FOR 2026 175,000

ST JUDE CHILDREN'S HOSPITAL

501 ST JUDE PLACE
MEMPHIS,TN38105 		NONE   FUND PARENT ROOM 50,000

TRUSTBRIDGE HOSPICE FOUNDATION

5300 EAST AVENUE
WEST PALM BEACH,FL33407 		NONE   MUSIC THERAPY INTERNSHIP PROGRAM 75,000
Total ................................. 3a 1,272,500
bApproved for future payment

AMERICAN RED CROSS
1250 NORTHPOINT PARKWAY
WEST PALM BEACH,FL33407 		NONE   AID PALM BCH CNTY DISASTER VICTIMS 300,000

ELIZABETH H FAULK FOUNDATION
22455 BOCA RIO ROAD
BOCA RATON,FL33433 		NONE   SUPPORT APA APPROVED INTERNSHIP PROG 100,000

FOUNDCARE INC
2330 SOUTH CONGRESS AVENUE
PALM SPRINGS,FL33406 		NONE   SUPPORT RIVIERA BEACH CAPITAL CAMPAIGN 100,000

GEMMA SERVICES
512 WEST TOWNSHIP LINE ROAD
PLYMOUTH MEETING,PA19462 		NONE   SUPPORT SCHOOL CAPITAL CAMPAIGN 100,000

PATH TO COLLEGE
2635 OLD OKEESHOBEE ROAD
WEST PALM BEACH,FL33401 		NONE   SUPPORT CATAPULT BUILDING CAMPAIGN 50,000

ST JUDE CHILDREN'S HOSPITAL
501 ST JUDE PLACE
MEMPHIS,TN38105 		NONE   FUND PARENT ROOM 50,000
Total ................................. 3b 700,000
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 17  
4 Dividends and interest from securities ....     14 460,861  
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 ............ 		    18 574,403  
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) ..   1,035,281  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,035,281
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 CompensationExplanation
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Person Name Explanation
ROBERT J LISZEWSKI OTHER REPORTABLE COMPENSATION IS FOR PREPARATION OF TAX FILINGS, MAINTENANCE OF FIDUCIARY ACCOUNTING RECORDS, PROCESSING OF GRANTS AND OTHER ADMINISTRATIVE MATTERS.

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2025 GainLossSaleOtherAssetsSch
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
PUBLIC SEC PART IV         4,271,420 3,697,017     574,403  

TY 2025 InvestmentsCorpBondsSchedule
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Name of Bond End of Year Book Value End of Year Fair Market Value
CS DOUBLELINE TOTAL RETURN BD FD 1,076,877 1,083,496
NT MFB NORTHERN HI YLD FXD INC FD 188,327 183,124

TY 2025 InvestmentsCorpStockSchedule
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Name of Stock End of Year Book Value End of Year Fair Market Value
CS ALPHABET INC CL A 66,088 573,416
CS APPLE INC 21,683 249,024
CS BERKSHIRE HATHAWAY INC CL B 109,852 193,520
CS CHEVRON CORP 109,373 139,608
CS GENERAL DYNAMICS CORP 42,590 197,283
CS HOME DEPOT INC 108,936 104,606
CS HONEYWELL INTL INC 78,863 109,055
CS ISHARES RUSSELL 2000 287,175 402,472
CS ISHARES 13 YEAR TREAS BD ETF 218,074 223,614
CS JOHNSON JOHNSON 131,376 284,349
CS JP MORGAN CHASE CO 60,237 354,120
CS MCDONALDS CORP 77,310 139,978
CS MERCK CO INC 85,618 163,890
CS MICROSOFT CORP 36,229 427,520
CS PROCTOR AND GAMBLE 113,309 131,272
CS SCHLUMBERGER LTD 148,145 124,121
CS SCHWAB MMKT 27,653 27,653
CS SIMPLIFY MBS ETF 450,410 457,471
CS SPDR SP BIOTECH ETF IV 165,710 174,238
CS WALMART 121,792 306,155
CS WALT DISNEY CO 102,937 104,213
CS WASTE MANAGEMENT 83,690 201,254
EW ALPHABET INC CL A 122,414 547,750
EW AMAZONCOM INC 140,898 346,230
EW APPLE INC 164,400 407,790
EW BERKSHIRE HATHAWAY INC CL B 117,416 125,662
EW BLACKROCK INC CL A 144,936 294,343
EW BLACKSTONE INC 116,740 269,745
EW CHEVRON CORP 140,344 152,410
EW COSTCO WHOLESALE CORP NEW 111,952 194,027
EW FT BHVRL SM CAP EQ INST 343,934 497,452
EW HOME DEPOT INC 86,602 172,050
EW ISHARES SILVER TRUST 103,523 193,260
EW ISHARES CHINA LARGE CAP ETF 282,975 268,030
EW JP MORGAN CHASE CO 87,132 322,220
EW MASTERCARD INC CL A 77,924 199,808
EW META PLATFORMS INC CL A 80,041 264,036
EW MICROSOFT CORP 172,521 350,625
EW MORGAN STANLEY 75,694 266,295
EW NETFLIX INC 55,391 234,400
EW NEXTERA ENERGY INC 141,058 180,630
EW NVIDIA CORP 30,499 373,000
EW SPDR GOLD TRUST 382,224 1,123,539
EW TESLA INC 181,368 258,589
EW THERMO FISHER SCIENTIFIC INC 143,592 173,835
EW UBER TECHNOLOGIES INC 165,721 204,275
EW VANGUARD FTSE DEVELOPED MARKETS ETF 427,333 530,995
EW VANGUARD FTSE EMERGINS MARKETS ETF 295,985 349,440
NT ABBOTT LABS 277,507 306,334
NT ADVANCE MICRO DEVICES INC 196,035 376,922
NT ALPHABET INC CL A 188,989 697,990
NT AMAZONCOM INC 164,001 332,381
NT APPLE INC 63,515 241,955
NT BERKSHIRE HATHAWAY INC CL B 97,426 268,918
NT COCA COLA CO 78,685 118,497
NT EXXON MOBIL CORP 151,618 240,680
NT GENERAL DYNAMICS CORP 137,084 274,378
NT MASTERCARD INC CL A 72,465 134,157
NT MICROSOFT CORP 167,982 377,224
NT NORFOLK SOUTHERN CORP 114,691 154,465
NT NVIDIA CORP 265,552 373,000
NT ORACLE CORP 151,717 214,401
NT PAYPAL HLDGS INC 100,345 65,969
NT SPDR GOLD TRUST 1,509,084 5,350,185
NT TJX COS INC 55,685 133,641

TY 2025 InvestmentsGovtObligationsSch
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
US Government Securities - End of Year Book Value:

1,424,437
US Government Securities - End of Year Fair Market Value:

1,424,437
State & Local Government Securities - End of Year Book Value:


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


 


TY 2025 InvestmentsGovtObligationsSch
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
US Government Securities - End of Year Book Value:

1,424,437
US Government Securities - End of Year Fair Market Value:

1,424,437
State & Local Government Securities - End of Year Book Value:


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


 


TY 2025 InvestmentsGovtObligationsSch
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
US Government Securities - End of Year Book Value:

1,424,437
US Government Securities - End of Year Fair Market Value:

1,424,437
State & Local Government Securities - End of Year Book Value:


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


 


TY 2025 InvestmentsGovtObligationsSch
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
US Government Securities - End of Year Book Value:

1,424,437
US Government Securities - End of Year Fair Market Value:

1,424,437
State & Local Government Securities - End of Year Book Value:


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


 


TY 2025 OtherAssetsSchedule
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
EW FORM 1099 DIV RECD NEXT YEAR 2,182 533 533
NT FORM 1099 DIV RECD NEXT YEAR 188 69 69
CS FORM 1099 OID ACCRUED INTEREST 31,000 32,879 32,879
CS FORM 1099 PROCEEDS RECD NEXT YEAR 6,917 9,075 9,075
CS FORM 1099 NET INT RECD NEXT YEAR 1,925 1,494 1,494


TY 2025 OtherExpensesSchedule
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
IA FEES NORTHERN TR 46,814 46,814    
IA FEES EDGE WEALTH MGMT 68,350 68,350    
IA FEES EVERCORE WEALTH 41,677 41,677    
ACCT FEES NORTHERN TR 40 28   12
ACCT FEES SCHWAB 25 18   7
DO LIABILITY INSURANCE 2,893 2,026   867
GLD SHS INVEST EXP NORTHERN 16,935 16,935    
GLD SLV INVEST EXP EVERCORE 4,248 4,248    
GNMA POOL INVEST EXP SCHWAB 1,924 1,924    


TY 2025 TaxesSchedule
Name:
ADDISON HINES CHARITABLE TR
EIN:
20-1679943
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX DIV EW 2,516 2,516    
ESTIMATED TAX 2025 990PF 10,000