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
JACKSON HEATH FOUNDATION-MAIN
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 505 MAC H0006-092
  Room/suite
City or town
SAINT LOUIS
State or province
MO
Country  
ZIP or foreign postal code
63166
A Employer identification number

81-6061603
B Telephone number (see instructions)

8887304933
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)$6,629,553J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 62,110 61,996  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 640,512
b Gross sales price for all assets on line 6a 2,240,971
7 Capital gain net income (from Part IV, line 2)... 640,512
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
373,252 373,252  
12 Total. Add lines 1 through 11........ 1,075,874 1,075,760  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 54,273 48,846   5,427
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
22,013 0 0 22,013
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,070 0 0 2,070
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,047 1,047   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,656 1,236   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
35,902 35,902    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 118,961 87,031 0 29,510
25 Contributions, gifts, grants paid....... 255,100 255,100
26 Total expenses and disbursements. Add lines 24 and 25 ................ 374,061 87,031 0 284,610
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 701,813
b Net investment income (if negative, enter -0-) 988,729
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............. 1,352    
2 Savings and temporary cash investments......... 78,222 94,295 94,295
3 Accounts receivable  
Less: allowance for doubtful accounts     0 0
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts 0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 368,751    
c Investments—corporate bonds (attach schedule)....... 464,277    
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 982,310 Click to see attachment
List of Attached Documents:
// Content
2,503,182 		6,535,258
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) 1,894,912 2,597,477 6,629,553
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
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........ 1,894,912 2,597,477
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,894,912 2,597,477
30 Total liabilities and net assets/fund balances (see instructions). 1,894,912 2,597,477
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
1,894,912
2
Enter amount from Part I, line 27a .....................
2
701,813
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
1,055
4
Add lines 1, 2, and 3 ..........................
4
2,597,780
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
303
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
2,597,477
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 10000. BRISTOL-MYERS SQUIBB 1.125% 11/13/27     2025-02-07
b 10000. CVS HEALTH CORP 1.300% 8/21/27   2023-04-12 2025-02-07
c 10000. DIGITAL REALTY TRUST 3.700% 8/15/27   2020-04-20 2025-02-07
d 10000. WALT DISNEY COMPANY/ 2.000% 9/01/29   2020-04-20 2025-02-07
e 10000. EQUINIX INC 1.550% 3/15/28   2020-11-16 2025-02-07
10000. UNION PACIFIC CORP 2.375% 5/20/31   2023-07-24 2025-02-07
30000. US TREASURY NOTE 2.250% 8/15/27     2025-02-07
20000. US TREASURY NOTE 2.750% 2/15/28     2025-02-07
25000. US TREASURY NOTE 3.125% 11/15/28     2025-02-07
20000. US TREASURY NOTE 2.375% 5/15/29     2025-02-07
5000. AT&T INC 4.300% 2/15/30   2024-05-28 2025-02-18
5000. AMAZON.COM INC 3.600% 4/13/32   2023-03-14 2025-02-18
5000. ANTHEM INC 3.650% 12/01/27   2019-11-26 2025-02-18
10000. APPLE INC 4.300% 5/10/33   2023-06-09 2025-02-18
10000. BANK OF AMERICA CORP 3.248% 10/21/27   2019-11-25 2025-02-18
10000. BLACKROCK INC 4.750% 5/25/33   2024-05-28 2025-02-18
10000. CAPITAL ONE FINANCIA 3.750% 3/09/27     2025-02-18
10000. COMCAST CORP 4.150% 10/15/28   2020-07-09 2025-02-18
10000. DOLLAR GENERAL CORP 5.450% 7/05/33   2024-01-22 2025-02-18
10000. DUKE ENERGY CORP 4.500% 8/15/32   2024-05-28 2025-02-18
10000. GOLDMAN SACHS GROUP 3.750% 5/22/25   2019-11-26 2025-02-18
5000. INTEL CORP 4.150% 8/05/32   2024-01-22 2025-02-18
10000. JPMORGAN CHASE & CO 2.950% 10/01/26   2019-11-25 2025-02-18
10000. KINDER MORGAN INC 5.400% 2/01/34   2024-09-24 2025-02-18
5000. O'REILLY AUTOMOTIVE 4.700% 6/15/32   2024-01-22 2025-02-18
5000. PNC FINANCIAL SERVIC 2.550% 1/22/30   2020-07-09 2025-02-18
10000. ROYAL BANK OF CANADA 1.200% 4/27/26   2023-07-24 2025-02-18
30000. US TREASURY NOTE 2.125% 5/31/26     2025-02-18
30000. US TREASURY NOTE 2.000% 11/15/26     2025-02-18
25000. US TREASURY NOTE 4.125% 11/15/32   2024-05-28 2025-02-18
20000. US TREASURY NOTE 4.000% 2/28/30     2025-02-18
15000. US TREASURY NOTE 4.500% 11/15/33   2024-11-20 2025-02-18
10000. US TREASURY NOTE 4.500% 11/15/33   2024-01-22 2025-02-18
20000. US TREASURY NOTE 4.000% 2/15/34     2025-02-18
10000. VIRGINIA ELEC & POWE 5.000% 1/15/34   2024-09-24 2025-02-18
10000. WESTPAC BANKING CORP 3.400% 1/25/28   2023-06-09 2025-02-18
10. BROADCOM INC   2019-07-03 2025-02-27
105. CELANESE CORP     2025-02-27
245. CISCO SYSTEMS INC     2025-02-27
2. MERCK & CO INC NEW   2024-03-25 2025-02-27
140. MERCK & CO INC NEW     2025-02-27
10. GARMIN LTD   2023-02-09 2025-02-27
45. ALPHABET INC CL C   2017-10-17 2025-03-04
10. META PLATFORMS INC   2021-04-08 2025-03-04
5. MICROSOFT CORP   2015-08-10 2025-03-04
9. ALPHABET INC CL C   2017-10-17 2025-03-21
11. APPLE INC   2008-02-14 2025-03-21
11. BROADCOM INC   2019-07-03 2025-03-21
8. CITIGROUP INC.   2024-09-25 2025-03-21
16. CITIGROUP INC.     2025-03-21
3311.744 FIDELITY NEW MRKTS INC-Z #3323     2025-03-21
525. ISHARES CORE U.S. AGGREGATE ETF   2025-02-21 2025-03-21
948. ISHARES S&P MID-CAP 400 GROWTH   2008-02-14 2025-03-21
287. ISHARES RUSSELL 1000 GROWTH ETF     2025-03-21
796. ISHARES S&P MID-CAP 400 VALUE   2011-12-27 2025-03-21
19. LAM RESH CORP     2025-03-21
33. MANULIFE FINANCIAL CORP   2015-12-17 2025-03-21
7. MICROSOFT CORP   2015-08-10 2025-03-21
12882.924 PGIM HIGH YIELD-Q 1067     2025-03-21
29. SUNCOR ENERGY INC NEW F   2023-12-14 2025-03-21
12762.673 TCW EMRG MRKTS INC-PLAN #5721     2025-03-21
17. TOTAL S.A. - ADR   2023-12-14 2025-03-21
4. UNION PACIFIC CORP   2024-09-25 2025-03-21
1. UNITED PARCEL SERVICE-CL B   2024-06-11 2025-03-21
10. UNITED PARCEL SERVICE-CL B   2023-02-09 2025-03-21
4. VISA INC-CLASS A SHRS   2021-12-22 2025-03-21
4. EATON CORP PLC   2021-02-10 2025-03-21
2. DEEMED REDEEMED ASML HOLDING NV ESCR   2025-03-04 2025-03-21
44. ALPHABET INC CL C     2025-03-25
13. BLACKSTONE INC     2025-03-25
47. CITIGROUP INC.   2024-09-25 2025-03-25
25. CITIGROUP INC.   2014-04-01 2025-03-25
17. JPMORGAN CHASE & CO     2025-03-25
99. REGIONS FINL CORP NEW     2025-03-25
60. SUNCOR ENERGY INC NEW F     2025-03-25
14. TARGET CORP   2024-09-25 2025-03-25
46. TARGET CORP     2025-03-25
42. TOTAL S.A. - ADR     2025-03-25
11. UNITED PARCEL SERVICE-CL B   2024-06-11 2025-03-25
3. UNITED PARCEL SERVICE-CL B   2024-06-11 2025-04-30
65. UNITED PARCEL SERVICE-CL B     2025-04-30
80. ABBOTT LABS   2025-02-27 2025-05-23
77. ABBVIE INC     2025-05-23
5. ADOBE SYS INC   2024-06-11 2025-05-23
20. ADOBE SYS INC   2023-06-14 2025-05-23
80. ADVANCED MICRO DEVICES INC     2025-05-23
195. ALPHABET INC CL C   2013-10-29 2025-05-23
167. AMAZON COM INC COM     2025-05-23
45. ANALOG DEVICES INC   2024-06-11 2025-05-23
296. APPLE INC   2008-02-14 2025-05-23
26. BERKSHIRE HATHAWAY INC.   2025-03-25 2025-05-23
89. BLACKSTONE INC     2025-05-23
14. BLACKROCK INC   2014-06-10 2025-05-23
15. BOEING CO   2024-09-25 2025-05-23
66. BOEING CO     2025-05-23
154. BROADCOM INC     2025-05-23
195. CITIGROUP INC.     2025-05-23
110. COGNIZANT TECH SOLUTIONS CRP COM     2025-05-23
40. ECOLAB INC   2025-02-27 2025-05-23
59. META PLATFORMS INC     2025-05-23
116. GOLDMAN SACHS ACTIVEBETA INT ETF   2025-03-21 2025-05-23
10. HILTON WORLDWIDE HOLDINGS IN   2024-06-11 2025-05-23
45. HILTON WORLDWIDE HOLDINGS IN   2024-03-25 2025-05-23
35. HOME DEPOT INC     2025-05-23
84. ISHARES CORE MSCI EAFE ETF   2025-03-21 2025-05-23
104. JPMORGAN CHASE & CO     2025-05-23
50. KEYSIGHT TECHNOLOGIES INC   2024-12-02 2025-05-23
141. LAM RESH CORP     2025-05-23
29. ELI LILLY & CO COM   2016-10-03 2025-05-23
458. MANULIFE FINANCIAL CORP     2025-05-23
55. MARSH & MCLENNAN COS INC     2025-05-23
45. MCDONALDS CORP     2025-05-23
158. MICROSOFT CORP     2025-05-23
146. MONDELEZ INTERNATIONAL INC   2018-07-31 2025-05-23
30. MOTOROLA SOLUTIONS, INC.   2025-02-27 2025-05-23
8. NETFLIX.COM INC   2025-03-25 2025-05-23
96. NVIDIA CORP   2025-04-30 2025-05-23
131. RTX CORP     2025-05-23
368. REGIONS FINL CORP NEW     2025-05-23
104. STARBUCKS CORP COM     2025-05-23
446. SUNCOR ENERGY INC NEW F     2025-05-23
19. THERMO FISHER SCIENTIFIC INC   2011-12-27 2025-05-23
251. TOTAL S.A. - ADR     2025-05-23
138. UBER TECHNOLOGIES INC     2025-05-23
195. UNILEVER PLC - ADR     2025-05-23
6. UNION PACIFIC CORP   2024-09-25 2025-05-23
43. UNION PACIFIC CORP     2025-05-23
43. UNITEDHEALTH GROUP INC     2025-05-23
56. VISA INC-CLASS A SHRS     2025-05-23
94. WAL MART STORES INC   2025-03-25 2025-05-23
60. WASTE MANAGEMENT INC     2025-05-23
50. XYLEM INC/NY   2025-03-25 2025-05-23
8. EATON CORP PLC   2025-03-25 2025-05-23
46. EATON CORP PLC     2025-05-23
69. TE CONNECTIVITY PLC     2025-05-23
52. GARMIN LTD     2025-05-23
12. DEEMED REDEEMED ASML HOLDING NV ESCR     2025-05-23
727. FIRST TRUST GLOBAL TACTICAL   2025-02-21 2025-06-17
56. GOLDMAN ACTIVEBETA US LC ETF   2025-05-23 2025-06-17
199. INVESCO OPTIMUM YIELD DIVERSIF ETF   2025-02-21 2025-06-17
171. ISHARES CORE S&P TOTAL U.S. ETF   2025-05-23 2025-06-17
103. ISHARES CORE MSCI EMERGING ETF   2025-03-21 2025-06-17
36. VANGUARD MIDCAP VIPER   2025-03-21 2025-06-17
204. SPDR GOLD MINISHARES TRUST ETF   2025-01-01 2025-07-11
204. SPDR GOLD MINISHARES TRUST ETF   2025-01-01 2025-08-08
713. FIRST TRUST GLOBAL TACTICAL     2025-08-19
452. AMEX ENERGY SELECT SPDR   2025-05-23 2025-08-19
1103. VANGUARD RUSSELL 2000     2025-08-19
298. SPDR GOLD MINISHARES TRUST ETF   2025-01-01 2025-09-10
46. GOLDMAN SACHS ACTIVEBETA INT ETF     2025-09-16
58. GOLDMAN ACTIVEBETA US LC ETF     2025-09-16
167. INVESCO OPTIMUM YIELD DIVERSIF ETF   2025-02-21 2025-09-16
187. ISHARES CORE S&P TOTAL U.S. ETF   2025-08-19 2025-09-16
69. ISHARES CORE U.S. AGGREGATE ETF   2025-08-19 2025-09-16
37. ISHARES CORE MSCI EAFE ETF     2025-09-16
94. ISHARES CORE MSCI EMERGING ETF     2025-09-16
29. ISHARES BROAD USD HIGH YIELD ETF   2025-08-19 2025-09-16
9. VANGUARD DIVIDEND APPRECIATION   2025-08-21 2025-09-16
17. VANGUARD MIDCAP VIPER   2025-08-19 2025-09-16
298. SPDR GOLD MINISHARES TRUST ETF   2025-01-01 2025-10-07
298. SPDR GOLD MINISHARES TRUST ETF   2025-01-01 2025-11-14
298. SPDR GOLD MINISHARES TRUST ETF   2025-01-01 2025-12-05
558. ISHARES CORE U.S. AGGREGATE ETF   2025-08-19 2025-12-16
(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 9,133   9,449 -316
b 9,114   8,767 347
c 9,726   10,715 -989
d 8,905   9,976 -1,071
e 9,042   10,045 -1,003
8,704   8,516 188
28,567   28,319 248
19,134   20,886 -1,752
23,968   26,880 -2,912
18,497   20,223 -1,726
4,858   4,760 98
4,645   4,663 -18
4,872   5,308 -436
9,827   9,932 -105
9,658   10,440 -782
9,852   9,774 78
9,790   10,400 -610
9,794   12,168 -2,374
9,944   10,063 -119
9,546   9,346 200
9,979   10,594 -615
4,637   4,791 -154
9,763   10,348 -585
9,905   10,315 -410
4,849   4,896 -47
4,476   5,474 -998
9,621   8,958 663
29,198   30,083 -885
28,866   29,729 -863
24,491   24,324 167
19,666   20,271 -605
15,018   15,116 -98
10,012   10,321 -309
19,275   19,904 -629
9,772   10,284 -512
9,679   9,443 236
1,999   285 1,714
5,344   6,294 -950
15,700   6,108 9,592
180   251 -71
12,620   8,095 4,525
2,253   968 1,285
7,840   2,227 5,613
6,485   3,115 3,370
1,949   237 1,712
1,488   446 1,042
2,364   50 2,314
2,106   313 1,793
576   484 92
1,153   1,094 59
42,887   46,401 -3,514
51,836   51,419 417
79,960   19,807 60,153
105,746   15,097 90,649
95,721   30,593 65,128
1,444   439 1,005
1,005   485 520
2,702   331 2,371
61,709   66,028 -4,319
1,083   904 179
84,106   87,699 -3,593
1,074   1,155 -81
935   984 -49
114   137 -23
1,145   1,859 -714
1,347   874 473
1,183   487 696
1,439   1,435 4
7,543   2,059 5,484
1,980   933 1,047
3,504   2,845 659
1,864   1,201 663
4,238   1,729 2,509
2,203   2,011 192
2,309   1,816 493
1,497   2,182 -685
4,918   1,672 3,246
2,672   2,515 157
1,261   1,511 -250
285   412 -127
6,166   5,288 878
10,514   10,884 -370
14,149   8,319 5,830
2,047   2,307 -260
8,189   9,619 -1,430
8,862   7,410 1,452
33,319   4,997 28,322
33,723   31,569 2,154
9,446   10,626 -1,180
57,867   1,357 56,510
13,132   13,726 -594
12,172   4,139 8,033
13,543   4,402 9,141
3,036   2,293 743
13,360   9,421 3,939
35,442   4,371 31,071
14,272   8,543 5,729
8,729   6,405 2,324
10,444   10,722 -278
37,231   11,487 25,744
4,511   4,243 268
2,455   2,056 399
11,048   9,457 1,591
12,726   11,099 1,627
6,877   6,522 355
27,219   1,248 25,971
8,008   8,614 -606
11,412   2,326 9,086
20,693   2,348 18,345
14,297   6,057 8,240
12,653   12,395 258
14,196   13,021 1,175
71,483   3,711 67,772
9,684   6,332 3,352
12,622   12,935 -313
9,514   7,844 1,670
12,695   10,053 2,642
17,360   9,617 7,743
7,841   7,101 740
8,783   10,435 -1,652
15,920   11,611 4,309
7,498   868 6,630
14,538   12,660 1,878
12,146   10,565 1,581
12,419   10,367 2,052
1,335   1,475 -140
9,570   2,852 6,718
12,704   3,519 9,185
19,913   9,667 10,246
9,030   8,167 863
14,224   7,142 7,082
6,228   6,087 141
2,577   2,422 155
14,820   5,109 9,711
10,912   6,472 4,440
10,470   4,714 5,756
8,804   8,369 435
18,778   18,673 105
6,561   6,408 153
2,740   2,765 -25
22,256   21,718 538
5,962   5,676 286
9,764   9,373 391
1   1  
1   1  
17,653   18,245 -592
38,360   37,143 1,217
101,732   97,296 4,436
2   1 1
1,909   1,885 24
7,508   7,261 247
2,261   2,321 -60
26,961   26,265 696
6,951   6,832 119
3,233   3,190 43
6,176   5,826 350
1,094   1,085 9
1,940   1,883 57
4,932   4,866 66
2   1 1
2   2  
2   2  
55,813   55,248 565
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       -316
b       347
c       -989
d       -1,071
e       -1,003
      188
      248
      -1,752
      -2,912
      -1,726
      98
      -18
      -436
      -105
      -782
      78
      -610
      -2,374
      -119
      200
      -615
      -154
      -585
      -410
      -47
      -998
      663
      -885
      -863
      167
      -605
      -98
      -309
      -629
      -512
      236
      1,714
      -950
      9,592
      -71
      4,525
      1,285
      5,613
      3,370
      1,712
      1,042
      2,314
      1,793
      92
      59
      -3,514
      417
      60,153
      90,649
      65,128
      1,005
      520
      2,371
      -4,319
      179
      -3,593
      -81
      -49
      -23
      -714
      473
      696
      4
      5,484
      1,047
      659
      663
      2,509
      192
      493
      -685
      3,246
      157
      -250
      -127
      878
      -370
      5,830
      -260
      -1,430
      1,452
      28,322
      2,154
      -1,180
      56,510
      -594
      8,033
      9,141
      743
      3,939
      31,071
      5,729
      2,324
      -278
      25,744
      268
      399
      1,591
      1,627
      355
      25,971
      -606
      9,086
      18,345
      8,240
      258
      1,175
      67,772
      3,352
      -313
      1,670
      2,642
      7,743
      740
      -1,652
      4,309
      6,630
      1,878
      1,581
      2,052
      -140
      6,718
      9,185
      10,246
      863
      7,082
      141
      155
      9,711
      4,440
      5,756
      435
      105
      153
      -25
      538
      286
      391
       
       
      -592
      1,217
      4,436
      1
      24
      247
      -60
      696
      119
      43
      350
      9
      57
      66
      1
       
       
      565
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 2 640,512
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 13,743
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 13,743
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 13,743
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 2,420
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,420
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 11,323
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 tax0 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
MT
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 address  
14
The books are in care ofWELLS FARGO BANK NA Telephone no. (888) 352-3705

Located at100 N MAIN ST FL 5 D4001-052WINSTONSALEMNC ZIP+427101
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
WELLS FARGO BANK N A TRUSTEE
1 		54,273    
100 N MAIN ST FL 5D4001-052
WINSTON SALEM,NC27101
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
5,872,604
b
Average of monthly cash balances.......................
1b
79,614
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
5,952,218
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
5,952,218
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
89,283
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,862,935
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
293,147
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
293,147
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
13,743
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
13,743
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
279,404
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
279,404
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
279,404
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
284,610
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
284,610
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 7 279,404
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 253,715
b Total for prior years:2023, 20, 20 3,318
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 284,610
a Applied to 2024, but not more than line 2a 253,715
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		Click to see attachment
List of Attached Documents:
// Content
3,318
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 27,577
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 .......... 		251,827
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 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 0
d Excess from 2024 .... 0
e Excess from 2025 .... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN CANCER SOCIETY INC

270 PEACHTREE ST STE 1300
ATLANTA,GA30303 		NONE   GENERAL OPERATING 51,000

AMERICAN HEART ASSOCIATION

11207 BLUE HERON BLVD N
ST PETERSBURG,FL33716 		NONE   GENERAL OPERATING 51,000

EVANGELICAL CHURCH OF NORTH AMERICA

118 W BORDEN ST
GLENDIVE,MT59330 		NONE   GENERAL OPERATING 51,000

FIRST PRESBYTERIAN CHURCH

PO BOX 127
BRITTON,SD57430 		NONE   GENERAL OPERATING 100

MONTANA BIBLE COLLEGE

1519 S SHILOH RD
BILLINGS,MT59106 		NONE   GENERAL OPERATING 51,000

THE SALVATION ARMY A CALIFORNIA CORP

30840 HAWTHORNE BLVD
RANCHO PALOS VERDES,CA90275 		NONE   GENERAL OPERATING 51,000
Total ................................. 3a 255,100
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 62,110  
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 ............ 		    18 640,512  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aROYALTY INCOME 		    1 279,877  
bFARM INCOME     1 93,375  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   1,075,874  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,075,874
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
JACKSON HEATH FOUNDATION-MAIN
EIN:
81-6061603
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 2,070     2,070

TY 2025 AppliedToPriorYearElection
Name:
JACKSON HEATH FOUNDATION-MAIN
EIN:
81-6061603
Election:
Pursuant to IRC section 4942(h)(2) and Reg Sec 53.4942(a)-3(d)(2), the above referenced foundation hereby elects to treat current year qualifying distributions in excess of the immediately preceding tax years under distributed income as being made out of undistributed income from the tax year ending 12/31/2020 in the amount of $3,318.

TY 2025 InvestmentsCorpBondsSchedule
Name:
JACKSON HEATH FOUNDATION-MAIN
EIN:
81-6061603
Name of Bond End of Year Book Value End of Year Fair Market Value
023135CH7 AMAZON.COM INC    
036752AB9 ANTHEM INC    
037833EV8 APPLE INC    
06051GGA1 BANK OF AMERICA CORP    
110122DP0 BRISTOL-MYERS SQUIBB    
126650DM9 CVS HEALTH CORP    
14040HBN4 CAPITAL ONE FINANCIA    
20030NCT6 COMCAST CORP    
25389JAR7 DIGITAL REALTY TRUST    
254687FL5 WALT DISNEY COMPANY/    
29444UBL9 EQUINIX INC    
38148LAE6 GOLDMAN SACHS GROUP    
46625HRV4 JPMORGAN CHASE & CO    
693475AZ8 PNC FINANCIAL SERVIC    
78016EZQ3 ROYAL BANK OF CANADA    
907818FU7 UNION PACIFIC CORP    
9128282R0 US TREASURY NOTE    
9128283W8 US TREASURY NOTE    
9128285M8 US TREASURY NOTE    
9128286T2 US TREASURY NOTE 2.3    
9128286X3 US TREASURY NOTE    
912828U24 US TREASURY NOTE 2.0    
91282CGQ8 US TREASURY NOTE    
961214DW0 WESTPAC BANKING CORP    
00206RGQ9 AT&T INC    
09247XAT8 BLACKROCK INC    
256677AP0 DOLLAR GENERAL CORP    
26441CBT1 DUKE ENERGY CORP    
458140CA6 INTEL CORP    
494553AE0 KINDER MORGAN INC    
67103HAL1 O'REILLY AUTOMOTIVE    
91282CFV8 US TREASURY NOTE 4.1    
91282CJJ1 US TREASURY NOTE    
91282CJZ5 US TREASURY NOTE    
927804GP3 VIRGINIA ELEC & POWE    

TY 2025 InvestmentsCorpStockSchedule
Name:
JACKSON HEATH FOUNDATION-MAIN
EIN:
81-6061603
Name of Stock End of Year Book Value End of Year Fair Market Value
00287Y109 ABBVIE INC    
00724F101 ADOBE INC    
007903107 ADVANCED MICRO DEVIC    
02079K107 ALPHABET INC CL C    
037833100 APPLE INC    
09260D107 BLACKSTONE INC    
097023105 BOEING CO    
11135F101 BROADCOM INC    
150870103 CELANESE CORP    
17275R102 CISCO SYSTEMS INC    
172967424 CITIGROUP INC.    
192446102 COGNIZANT TECH SOLUT    
30303M102 META PLATFORMS INC    
437076102 HOME DEPOT INC    
46625H100 JPMORGAN CHASE & CO    
532457108 ELI LILLY & CO COM    
56501R106 MANULIFE FINANCIAL C    
580135101 MCDONALDS CORP    
58933Y105 MERCK & CO INC NEW    
594918104 MICROSOFT CORP    
609207105 MONDELEZ INTERNATION    
75513E101 RTX CORP    
7591EP100 REGIONS FINL CORP NE    
855244109 STARBUCKS CORP COM    
867224107 SUNCOR ENERGY INC NE    
87612E106 TARGET CORP    
883556102 THERMO FISHER SCIENT    
89151E109 TOTALENERGIES SE -SP    
904767704 UNILEVER PLC - ADR    
907818108 UNION PACIFIC CORP    
911312106 UNITED PARCEL SERVIC    
91324P102 UNITEDHEALTH GROUP I    
92826C839 VISA INC-CLASS A SHR    
94106L109 WASTE MANAGEMENT INC    
G29183103 EATON CORP PLC    
H2906T109 GARMIN LTD    
023135106 AMAZON COM INC COM    
032654105 ANALOG DEVICES INC    
09290D101 BLACKROCK FUNDING IN    
43300A203 HILTON WORLDWIDE HOL    
49338L103 KEYSIGHT TECHNOLOGIE    
512807306 LAM RESH CORP    
571748102 MARSH & MCLENNAN COS    
G87052109 TE CONNECTIVITY PLC    

TY 2025 InvestmentsOtherSchedule2
Name:
JACKSON HEATH FOUNDATION-MAIN
EIN:
81-6061603
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
31641Q755 FIDELITY NEW MRKTS I      
464287606 ISHARES S&P MID-CAP      
464287614 ISHARES RUSSELL 1000      
464287705 ISHARES S&P MID-CAP      
46432F842 ISHARES CORE MSCI EA AT COST 163,266 197,975
74440Y884 PGIM HIGH YIELD-Q 10      
872365713 TCW EMRG MRKTS INC-P      
MI0116837 FALLON CO MT AT COST 1 667
MI0120680 PARK CO., MONTANA, . AT COST 1 1
MI0120698 SWEET GRASS, MONTANA AT COST 1 1
MI0120706 GOLDEN VALLEY, N. DA AT COST 1 1
MI0237252 WILLIAMS NORTH DAKOT AT COST 1 117
REL139293 4442.34 ACRES IN MCC AT COST 645,510 4,140,000
REL139335 RICHLAND MONTANA .75 AT COST 563 6,614
REL139343 ROOSEVELT, MONTANA, AT COST 8 1
REL139368 DUNN CO., N. DAKOTA, AT COST 75 300,924
REL139483 DAWSON CO., MONTANA, AT COST 480 1
REL139491 DAWSON CO., MONTANA, AT COST 120 1
381430107 GOLDMAN SACHS ACTIVE AT COST 95,555 111,129
381430503 GOLDMAN ACTIVEBETA U AT COST 171,897 197,628
46090F100 INVESCO OPTIMUM YIEL AT COST 65,104 63,627
464287150 ISHARES CORE S&P TOT AT COST 593,034 685,907
464287226 ISHARES CORE U.S. AG AT COST 302,217 307,231
46434G103 ISHARES CORE MSCI EM AT COST 90,487 110,913
46435U853 ISHARES BROAD USD HI AT COST 63,135 63,721
921908844 VANGUARD DIVIDEND AP AT COST 58,671 65,934
922908629 VANGUARD MIDCAP VIPE AT COST 233,145 257,425
98149E303 SPDR GOLD MINISHARES AT COST 19,910 25,440

TY 2025 LegalFeesSchedule
Name:
JACKSON HEATH FOUNDATION-MAIN
EIN:
81-6061603
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES - PRINCIPAL (ALLOCA 22,013     22,013


TY 2025 OtherDecreasesSchedule
Name:
JACKSON HEATH FOUNDATION-MAIN
EIN:
81-6061603
Description Amount
ROC ON CY SALES 114
TAX LOT BASIS ADJUSTMENT 189


TY 2025 OtherExpensesSchedule
Name:
JACKSON HEATH FOUNDATION-MAIN
EIN:
81-6061603
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSES - ADR FEES 8 8   0
INVESTMENT EXPENSES - PROCEEDS 9 9   0
ROYALTY EXPENSES 17,144 17,144   0
FARM EXPENSES 18,741 18,741   0


TY 2025 OtherIncomeSchedule2
Name:
JACKSON HEATH FOUNDATION-MAIN
EIN:
81-6061603
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTY INCOME 279,877 279,877  
FARM INCOME 93,375 93,375  


TY 2025 OtherIncreasesSchedule
Name:
JACKSON HEATH FOUNDATION-MAIN
EIN:
81-6061603
Description Amount
MUTUAL FUND TIMING ADJ 710
PY PURCHASE OF ACCRUED INTEREST 341
ROUNDING 4


TY 2025 OtherProfessionalFeesSchedule
Name:
JACKSON HEATH FOUNDATION-MAIN
EIN:
81-6061603
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED 1,047 1,047    


TY 2025 TaxesSchedule
Name:
JACKSON HEATH FOUNDATION-MAIN
EIN:
81-6061603
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 847 847   0
FEDERAL ESTIMATES - PRINCIPAL 2,420 0   0
FOREIGN TAXES ON NONQUALIFIED 389 389   0